2021-03-31-accounts - Royal Pavilion And Museums Trust

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				Page
Reference and administrative		details ofthe Company,	its Trustees and advisers
Trustees' report .				2-13
Independent	auditors' report	on the financial statements		14-17
Consolidated	statement offinancial activities			18
Consolidated	balance sheet			19
Company balance sheet				20
Consolidated	statement ofcash flows			21
Notes tothe	financial statements			22-38

Reference		and administrative details ofthe Company,	and administrative details ofthe Company,	and administrative details ofthe Company,	its Trustees	its Trustees		and advisers	and advisers
Forthe period ended 31			March 2021
Trustees			Michael Bedingfield, Chair
			Lord John Steven Bassam
			Timothy John Meiior Aspinall
			Councillor Alan Robins
			Councillor Phelim MacCafferty		(appointed		1 April 2020)
			Councillor Stephen Bell CBE(appointed			1	April 2020)
			David James Charles Anderson		OBE
			Jane Avard Weeks, Vice Chair
			Rebecca Crook, Chair of RPMT Enterprises					Ltd
			Brad Irwin
			Sue Wilkinson OBE,Chair Nominations			8	Remuneration			Committee
			Davinder Dhillon DL
			Shaun Romain
			Atiya Gouriay (appointed	1 March 2021)
			Angela Smith, Chair Finance		& General			Purpose	Committee		(appointed	1 April
			2020)
Company	registered
number			11774969
Charity registered
number			1186986
Registered		oNce	4-5 Pavition Buildings
			Brighton
			BN1 1EE
Chief executive oNcer			Hedley Swain
Independent		auditors	Kreston Reeves LLP
			Chartered Accountants
			Statutory Auditor
			A2Yeoman Gate
			Yeoman Way
			Worthing
			West Sussex
			BN133QZ

				2021
			Note
Cash flows from operating	activities
Net cash used in operating	activities		19	2,253,946
Change in cash and cash	equivalents in	the period		2,253,946
Cash and cash equivalents	at the beginning	ofthe period
Cash and cash equivalents	atthe end of	the period	20	2,253,946
The notes on pages 22 to 38form part ofthese financial statements

			Unrestricted	Restricted	Endowment	Total
			funds	funds	funds	funds
			2021	2021	2021	2021
			R	R		R
CJRS grant			23,502			23,502
Other activities			27,703			27,703
Transfer	in ofRPMF brought	forward funds	253,422	172,404	169,375	595,201
			304,627	172,404	169,375	646,406

			Maintenance &	Total
			advancement	funds
			2021	2021
			R	R
Staff costs			2,417,163	2,417,163
Materials, collections and conservation			109,857	109,857
Computer costs			114,483	114,483
Payments to	other bodies		164,776	164,776
Rent, rates and utilities			144,187	144,187
Establishment	costs		18,OO7	18,007
Security costs			95,139	95,139
Cleaning			18,148	18,148
Repairs and	maintenance		9,237	9,237
Advertising			9,955	9,955
Postage and	stationery		665	665
Sundry expenses			24,857	24,857
			3,126,474	3,126,474
Analysis of	support costs
			Maintenance &	Total
			advancement	funds
			2021 R	2021f
Telephone costs			28,735	28,735
Audit and accountancy		fees	19,900	19,900
Insurance			37,048	37,048
Legal and professional		costs	86,189	86,189
Recruitment	costs		2,305	2,305
Consultancy	costs		112,291	112,291
Travel and subsistence			3,468	3,468
Subscriptions			3,827	3,827
Bank charges			73	73
Postage and	stationery		2,229	2,229
Sundryexpenses			1,971	1,971
			298,036	298,036

		Group	Group	Company	Company
		2021	2020	2021	2020
		R
Wages and	salaries	1,968,291		1,935,233
Social security costs		160,551		156,624
Contribution	to pension schemes	333,481		325,306
		2,462,323		2,417,163

	Group	Group	Company	Company
	2021	2020	2021	2020
	No.	No.	No.	No.
Employees	215		208

		Group	Group	Company	Company
		2021	2020	2021	2020
		R		R	F
Trade creditors		126,708		126,589
Other taxation and social security		518,584		515,005
Other creditors		5,331		5,331
Accruals and deferred	income	209,570		199,065
		860,193		845,990

							Balance at
						Transfers	31March
				Income	Expenditure	in/out	2021
				R	R	R	R
Unrestricted funds
Designated funds
Learning appeal				2,000			2,000
Museum Objects Acquisition			reserve	64,914			64,914
Royal Pavilion fund				123,194			123,194
JHG Botswana				54,748			54,748
JHG designated				133,203	(34,716)		98,487
				378,059	(34,716)
General funds
General funds				4,430,327	(2,933,363)	42,000	1,538,$64
Total Unrestricted	funds			4,808,386	(2,968,079)	42,000	1,882,307
Endowment funds
Permanent endowment				169,375			169,375
Restricted funds
Museum development				366,692	(329,897)		36,795
Robertson Bequest				15,450			15,450
Hove Museum				11,560			11,560
Tomkinson piano restoration				8,792			8,792
Adelaide Chinese wallpaper				10,000			10,000
Pagoda conservation				12,667			12,667
Art Fund new collecting sward				30,426	(20,210)		10,216
Learning appeal				7,070		(2,000)	5,070
Museum association	transformers			3,000			3,000
Schools archaeology	fund			3,755			3,755
Painting conservation		fund		1,699			1,699
Graham Loder legacy				7,509			7,509
Jack Thompson Hove		Museum		185,811			185,811
Saloon project				80			80
ACE Catalyst				40,000		(40,000)

Restricted	Total
funds	funds
2020	2020

	Total
19.	Reconciliation ofnet movement		in funds to net cash flow from operating	activities
				Group	Group
				2021	2020
	Net income for the period (as per		Statement of Financial Activities)	2,376,452
	Adjustments for:
	Decrease/(increase)	in stocks		(316,757)
	Decrease/(increase)	in debtors		(661,374)
	Increase in creditors			855,625
	Net cash provided	by operating	activities	2,253,946