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2023-03-31-accounts

REGISTERED COMPANY NUMBER: CE017913 (England and Wales)
REGISTERED CHARITY NUMBER: 1183988

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
FOR
THE HALESWORTH AND DISTRICT MUSEUM CIO
van Dijk Accountants Limited
Georgian House
34 Thoroughfare
Halesworth
Suffolk
IP19 8AP
THE HALESWORTH AND DISTRICT MUSEUM CIO

CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2023

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Statement of Financial Position 6 to 7
Notes to the Financial Statements 8 to 13
Detailed Statement of Financial Activities 14 to 15
THE HALESWORTH AND DISTRICT MUSEUM CIO

REPORT OF THE TRUSTEES

for the Year Ended 31 March 2023

ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
withthefinancialstatementsofthecharityfortheyearended31March2023.Thetrusteeshaveadopted the
provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of
Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Thecharityisestablishedtoprovidefortheadvancementofpubliceducationbytheprovisionofthe museum
comprisingtheexistingcollectiontogetherwithsuchotherexhibitsoritemsasmayfromtimetotimebe comprised
within the museum assets and to preserve the same as a collection.

ACTIVITIES UNDERTAKEN FOR THE PUBLIC BENEFIT IN RELATION TO ITS OBJECTS

Followinga periodof closureto allowfor majorrefurbishmentof the new space whichhad been acquiredby the  rent
ofadditionalroomintheStationBuildingsinwhichtheMuseumishoused,theMuseumopenedinApril2022 to
participateintheINKFestivalinthatmonth.TheFestivalproducedaplaybasedonDickens'TheSignalMan' and
multiple performances meant that it was seen by over 200 people during the Festival.
The Museumopenedto the publicin May 2022.The new displaysof the BlythburghandCookleycoinhoardsand the
LincolnelettersandtheCoronationof1953whichwerelaunchedatthistimeweremuchappreciatedby visitors.
These displayswere commentedon duringthe HeritageOpendaysof September17thand18th2022.On these days,
theMuseumhosted90visitorsandgavetalksontheTreasuresoftheBlythValley(WissettHoardsand Blythburgh
and Cookley coins) and the unique Halesworth Station Moving Platforms.
FollowingtheMuseum'sreopeninginMay,thenewextensionhasbeenusedforavarietyofpurposes.Trustee and
Museum Managementmeetingshave been held in this space and it has also been used for meetingsof the U3A Local
HistoryandGenealogyGroups.Whenchildrenfromlocalschoolshavevisited,or childrenin largefamilygroups visit,
the Museum can use this room for brass rubbing and art work and to display our collection of toys.
The Men's Shed have built an attractive book display unit, allowing more books and leaflets to be displayed.
ThejointpartnershipofHalesworthandDistrictMuseumandWalpoleOldChapelhasprogressedwithaseries of
activitiesincludingoralhistorygatheringinvolvingthoseconnectedwithWalpoleOldChapelandresearchinto the
genealogy of those who worshipped there.
SuffolkArtlink,aparticipatoryartscharitydeliveringinclusiveartsprogrammesthatsupportpeople'shealth and
wellbeing,workedwithusonaprojectbasedontheLincolneLetters.Theproject,calledSpecialDelivery,used the
letterstosimulatediscussionandartworkwithEdgarSewterprimaryschoolchildrenwhovisitedtheMuseum and
withresidentsfromBeechHousecarehome.Itwastrulyaintergenerationprojectwhichwasrecognisedwith the
awardfor"WorkingwithYoungPeople"attheSuffolkMuseumoftheYearawardsinOctober2022.Atthis award
ceremony,the Museum was also awardedSuffolkMuseum objectof the Year for one of the gold ironage coinsin the
Blythburgh Hoard, meaning that the Museum won two of the seven awards available in the county.
.
Fundraisingduringthisperiod,theMuseumraisedsufficientmoniestopurchasestwonewcasesforthe extended
spaceintheMuseum,withfundingbeingreceivedfromtheTownCouncilandGarfieldWestonTrustand other
private donations as well as the Museum's own fundraising activities from sales and talks.

FINANCIAL REVIEW

Financial position

Retainedreserves at the year ended 31 March2023 amountedto £89,688Income exceededexpenditurefor the year
by £3,693. Detailed information can be found in the attached accounts.
Page 1
THE HALESWORTH AND DISTRICT MUSEUM CIO

REPORT OF THE TRUSTEES

for the Year Ended 31 March 2023

FINANCIAL REVIEW

Reserves policy

Itisthecharity'spolicytomaintainreservesatalevelitconsidersnecessarytomeetcashflowrequirements. Our
restrictedfundsincludeanamountof £11,500donatedtothemuseumin2010whichis availableforemergency use
and replenished as necessary. All reserves were transferred from the previous charity with effect from 20 June 2019.

FUTURE PLANS

NegotiationswiththeRoyalArmouriesinLeedsisstillprogressing.TheMuseumisplanningtodevelop additional
space within the Railway buildings made vacant by the previous tenants.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

The Museum is a Foundation Charitable Incorporated Organisation whose only voting members are its Trustees.
(a)Theremustbe atleastsixcharitytrusteesof whomas leastoneandnomorethantwoshallbe appointedby the
HalesworthTownCouncilwho were the originalsettlorsof the Museum.if the numberfallsbelowthisminimum, the
remaining trustee or trustees may act only to call a meeting of the charity trustees, or appoint a new charity trustee.
(b) The maximum numberof charitytrusteesis twelve. The charitytrusteesmay not appointany charitytrustee if as a
result the number of charity trustees would exceed the maximum.

Organisational structure

Thetrusteesmayfromtimetotime,appointfromamongsttheirnumberachairman,vice-chairman, secretary,
curator,treasurer.The dayto dayworkof the museumis carriedoutby the museumManagementTeam who report
to the trustees at regular trustee meetings.

Risk management

Thetrusteeshaveadutytoidentifyandreviewtheriskstowhichthecharityisexposedandtoensure appropriate
controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

CE017913 (England and Wales)

Registered Charity number

1183988

Registered office

The Railway Station
Station Road
Halesworth
Suffolk
IP19 8BZ

Trustees

G Burroughes
J Wright
B Howard
S P Clapson
P Wilcock
K Greenberg
D Wollweber
R Lewis
Page 2
THE HALESWORTH AND DISTRICT MUSEUM CIO

REPORT OF THE TRUSTEES

for the Year Ended 31 March 2023

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

P N van Dijk FMAAT
van Dijk Accountants Limited
Georgian House
34 Thoroughfare
Halesworth
Suffolk
IP19 8AP

BANKERS

Barclays Bank
Approved by order of the board of trustees on 23 January 2024 and signed on its behalf by:
B Howard - Trustee
Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

THE HALESWORTH AND DISTRICT MUSEUM CIO

Independent examiner's report to the trustees of The Halesworth and District Museum CIO ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.

Responsibilities and basis of report

As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)youare responsible
for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfiedmyself that the accountsof the Companyare not requiredto be auditedunder Part 16 of the 2006  Act
andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as
carriedoutunderSection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have
followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the
examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
P N van Dijk FMAAT
van Dijk Accountants Limited
Georgian House
34 Thoroughfare
Halesworth
Suffolk
IP19 8AP
23 January 2024
Page 4
THE HALESWORTH AND DISTRICT MUSEUM CIO

STATEMENT OF FINANCIAL ACTIVITIES

for the Year Ended 31 March 2023

31.3.23 31.3.22
Unrestricted Restricted Total Total
fund fund funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 4,154 17,790 21,944 49,733
Other trading activities 2 1,368 - 1,368 419
Investment income 3 88 - 88 105
Total 5,610 17,790 23,400 50,257
EXPENDITURE ON
Raising funds - - - 350
Other 11,457 8,250 19,707 26,741
Total 11,457 8,250 19,707 27,091
NET INCOME/(EXPENDITURE) (5,847) 9,540 3,693 23,166
RECONCILIATION OF FUNDS
Total funds brought forward 17,887 68,108 85,995 62,829
TOTAL FUNDS CARRIED FORWARD 12,040 77,648 89,688 85,995
The notes form part of these financial statements
Page 5
THE HALESWORTH AND DISTRICT MUSEUM CIO

STATEMENT OF FINANCIAL POSITION

31 March 2023

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
7
10,994
Heritage assets
8
-
10,994
CURRENT ASSETS
Stocks
9
1,050
Debtors
10
184
Cash at bank and in hand
11
1,124
2,358
CREDITORS
Amounts falling due within one year
12
(1,312)
NET CURRENT ASSETS
1,046
TOTAL ASSETS LESS CURRENT LIABILITIES
12,040
NET ASSETS
12,040
FUNDS
13
Unrestricted funds
Restricted funds
TOTAL FUNDS
Restricted
fund
£
33,513
24,950
58,463
-
-
19,185
19,185
-
19,185
77,648
77,648
31.3.23
Total
funds
£
44,507
24,950
69,457
1,050
184
20,309
21,543
(1,312)
20,231
89,688
89,688
12,040
77,648
89,688
31.3.22
Total
funds
£
36,493
24,950
61,443
1,050
114
24,139
25,303
(751)
24,552
85,995
85,995
17,887
68,108
85,995
The charitablecompanyis entitledto exemptionfrom audit under Section477 of the CompaniesAct 2006 for the year
ended 31 March 2023.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
The notes form part of these financial statements
continued...
Page 6
THE HALESWORTH AND DISTRICT MUSEUM CIO

STATEMENT OF FINANCIAL POSITION - continued

31 March 2023

Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable companies
subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon23January2024 and
were signed on its behalf by:
B Howard - Trustee
The notes form part of these financial statements
Page 7
THE HALESWORTH AND DISTRICT MUSEUM CIO

NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement
ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds,
and it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountof theobligationcanbe measuredreliably.Expenditureis accountedforonanaccruals basis
andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.

Tangible fixed assets

Depreciationis providedat the followingannualrates in orderto write off each asset over its estimated useful
life.
Fixtures and fittings- 10% on reducing balance

Heritage assets

TheMuseumaccountsforobjectsinitscollectionasnon-operationalheritageassets.Capitalised heritage
assetsarenotdepreciatedas theyaredeemedto haveindefinitelives,butaresubjecttoimpairment reviews
where damage or deterioration is reported.
TheWissetthoardpurchasedin2012for£4,300andpreviouslywrittenoff,hasbeencapitalised and
introduced under other trading activities income.

Stocks

Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowanceforobsolete and
slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
continued...
Page 8
THE HALESWORTH AND DISTRICT MUSEUM CIO

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2023

2. OTHER TRADING ACTIVITIES

2. OTHER TRADING ACTIVITIES
31.3.23 31.3.22
£ £
Other sales 1,368 419
3. INVESTMENT INCOME
31.3.23 31.3.22
£ £
Building society interest 88 105
4. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.3.23 31.3.22
£ £
Depreciation - owned assets 4,945 3,056

5. TRUSTEES' REMUNERATION AND BENEFITS

Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2023norforthe year
ended 31 March 2022.

Trustees' expenses

Therewerenotrustees'expensespaidfortheyearended31March2023norfortheyear ended
31 March 2022.

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
Restricted
fund
fund
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
25,289
24,444
Other trading activities
419
-
Investment income
105
-
Total
25,813
24,444
EXPENDITURE ON
Raising funds
350
-
Other
23,959
2,782
Total
24,309
2,782
NET INCOME
1,504
21,662
Total
funds
£
49,733
419
105
50,257
350
26,741
27,091
23,166
continued...
Page 9
THE HALESWORTH AND DISTRICT MUSEUM CIO

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

6.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
fund
fund
£
£
RECONCILIATION OF FUNDS
Total funds brought forward
16,383
46,446
TOTAL FUNDS CARRIED FORWARD
17,887
68,108
7.
TANGIBLE FIXED ASSETS
COST
At 1 April 2022
Additions
At 31 March 2023
DEPRECIATION
At 1 April 2022
Charge for year
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022
8.
HERITAGE ASSETS
MARKET VALUE
At 1 April 2022 and 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022
Total
funds
£
62,829
85,995
Fixtures
and
fittings
£
43,057
12,959
56,016
6,564
4,945
11,509
44,507
36,493
Total
£
24,950
24,950
24,950
Total
funds
£
62,829
85,995
continued...
Page 10
THE HALESWORTH AND DISTRICT MUSEUM CIO

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2023

9.
STOCKS
Stocks
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
11.
CASH AT BANK AND IN HAND
General
fund
£
Cash in hand
413
Bank account no. 2
-
Bank account no. 3
711
Total
1,124
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
13.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS
Restricted
fund
£
-
19,185
-
19,185
At 1.4.22
£
17,887
68,108
85,995
31.3.23
£
1,050
31.3.23
£
184
31.3.23
Total
funds
£
413
19,185
711
20,309
31.3.23
£
1,312
Net
movement
in funds
£
(5,847)
9,540
3,693
31.3.22
£
1,050
31.3.22
£
114
31.3.22
Total
funds
£
470
17,867
5,802
31.3.22
£
1,050
31.3.22
£
114
31.3.22
Total
funds
£
470
17,867
5,802
24,139
31.3.22
£
751
At
31.3.23
£
12,040
77,648
89,688
89,688
continued...
Page 11
THE HALESWORTH AND DISTRICT MUSEUM CIO

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

13. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund
5,610
(11,457) (5,847)
Restricted funds
Restricted fund
17,790
(8,250) 9,540
TOTAL FUNDS
23,400
(19,707) 3,693
Comparatives for movement in funds
Net
movement At
At 1.4.21 in funds 31.3.22
£ £ £
Unrestricted funds
General fund
16,383
1,504 17,887
Restricted funds
Restricted fund
46,446
21,662 68,108
TOTAL FUNDS
62,829
23,166 85,995
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund
25,813
(24,309) 1,504
Restricted funds
Restricted fund
24,444
(2,782) 21,662
TOTAL FUNDS
50,257
(27,091) 23,166
continued...
Page 12
THE HALESWORTH AND DISTRICT MUSEUM CIO

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2023

13. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:
Net
movement At
At 1.4.21 in funds 31.3.23
£ £ £
Unrestricted funds
General fund 16,383 (4,343) 12,040
Restricted funds
Restricted fund 46,446 31,202 77,648
TOTAL FUNDS 62,829 26,859 89,688
A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above
are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 31,423 (35,766) (4,343)
Restricted funds
Restricted fund 42,234 (11,032) 31,202
TOTAL FUNDS 73,657 (46,798) 26,859

14. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.
Page 13

THE HALESWORTH AND DISTRICT MUSEUM CIO

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Donations-coins & display case
Grants
Treasure book
Boy's Own Halesworth
The Lincolne Letters
Other trading activities
Other sales
Investment income
Building society interest
Total incoming resources
EXPENDITURE
Other trading activities
Opening stock
Closing stock
Support costs
Management
Rent,rates and storage
Insurance
Light and heat
Postage and stationery
Advertising and printing
Examiners report
Repairs and renewals
Other
Events
Sundries
Subscriptions
Carried forward
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31 March 2023
31.3.23
31.3.22
Unrestricted
Restricted
Total
Total
funds
funds
funds
funds
£
£
£
£
3,282
-
3,282
1,719
-
7,540
7,540
18,544
-
10,250
10,250
27,775
609
-
609
-
165
-
165
40
98
-
98
1,655
4,154
17,790
21,944
49,733
1,368
-
1,368
419
88
-
88
105
5,610
17,790
23,400
50,257
1,050
-
1,050
1,400
(1,050)
-
(1,050)
(1,050)
-
-
-
350
657
-
657
2,027
1,451
-
1,451
930
1,858
-
1,858
1,462
323
-
323
67
1,779
-
1,779
373
600
-
600
600
1,415
3,513
4,928
15,330
8,083
3,513
11,596
20,789
401
-
401
1,620
1,609
-
1,609
756
684
-
684
418
2,694
-
2,694
2,794
This page does not form part of the statutory financial statements
Page 14
THE HALESWORTH AND DISTRICT MUSEUM CIO

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2023

31.3.23 31.3.22
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Other
Brought forward 2,694 - 2,694 2,794
IT support 472 - 472 102
Depreciation of tangible fixed assets 208 4,737 4,945 3,056
3,374 4,737 8,111 5,952
Total resources expended 11,457 8,250 19,707 27,091
Net income (5,847) 9,540 3,693 23,166
This page does not form part of the statutory financial statements
Page 15