## **Trustees’ Annual Report for the period** **From** 5.4.2024 **To:** 4.4.2025 **Period start date Period end date Charity name:** Newtown Textile Museum **Charity registration number:** 1188651 ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summaryof the purposesof
thecharityas set outinits
governing document|Para 1.17|The objectsof theCIO shallbeto
promotethe education of the publicby
the provision ofamuseum for the
exhibition
of
items
of
antiquarian,
educational,historicalor local interest
includingthose associatedwiththe
textileindustry.| |Summaryof the main
activities in relation to those
purposes for the public
benefit,inparticular, the
activities, projectsor
services identifiedin the
accounts.|Para 1.17 and
1.19|Preservingthe buildingwithinwhichthe
Museum ishousedisakeyobjective.
The 1830soriginalhandloom weaving
factory is thelastoneremainingin a
nearoriginal statefrom thetimethat
Newtownwas thecentreinWales for
hand-loom weaving. It thereforeforms
animportantpartof Newtown’s
industrialheritage.
TheMuseumhas
interpretedits remit for itsdisplaysas
focusing onthreespecificareas: wool
andtextiles; the experience of living
andworkingintheMuseumbuilding;
andtheindustrialheritage of Newtown.
It isopentothe public for4 daysa
week from the beginning of Mayuntil
the end of September. Nochargesare
made butdonationsare encouraged.
| |Statement confirming
whetherthetrusteeshave
hadregardtothe
guidanceissued by the
Charity Commission on
publicbenefit|Para 1.18|~~In managing what the Museum has to~~
offer, theTrustees takefull regard of the
guidance on publicbenefit.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policyon grant making|Para 1.38|TheNTM isnota grant-giving body.| |Policyonsocial
investment including
program related
investment|Para 1.38|TheNTMhasnoinvestments.| |Contributionmade by
volunteers|Para 1.36|TheMuseum is run entirelyby
volunteers. Thetotalnumber fluctuates
over time butbetween 20 and 30
people givetheir timevoluntarily to help
tokeeptheMuseumopen. Severalof
thoseinvolvedcommit considerable
amountsof timetotheMuseum.| |Other||| |||| ## **Achievements and Performance** ||SORP
reference|| |---|---|---| |Summaryof themain
achievementsof the
charity,identifyingthe
differencethecharity’s
workhas madetothe
circumstancesof its
beneficiariesand any
widerbenefits tosociety
asawhole.|Para 1.20|TheMuseum wasopentovisitors for4
daysaweek for thewhole of the
summer from May2 until September30
2024 plusafewdaysat the end of April
to allowpeople goingto andfrom
Wonderwool tovisit. Wewere also able
to offergrouptoursandschool visits
outside normal visiting hours. There
were atotalof1461visitors tothe
Museum including 310thosewhocame
aspartofa group etc. This wasan
improvementon 2023-34.
Donations fromourongoingFriends
scheme andvisitors totheMuseum
totalledsome £8300, morethaninthe
previous year, showingthe positive
reactionfrom individuals tothe
continuance of theMuseum.
In additiontothe permanentdisplays,
therewerespecialexhibitions. At the
beginning of theseason,and partly| linked to Wonderwool, the Braid Society organised an exhibition to celebrate their 30[th] anniversary. This was linked to a number of workshops they ran on aspects of Braid making. The main exhibition that followed was focussed on Sport and Leisure. Once workers were given Saturday afternoons off work, employers were concerned their workers would spend their time in the pub and so encouraged sports. The Pryce Jones business had 8 football teams. The exhibition gave details and the feedback was very positive. The Museum continued to develop ways in which it could offer greater understanding of what was involved in converting a fleece into flannel. A number of workshops offering an opportunity to try out a craft skill were organised but with variable attendance. The successful “Tapestry Tuesdays” for people, particularly children, to try their hand at weaving on a card were continued in the summer holidays and were very popular. As in the previous year we had a `weaver in residence’ from mid-July to the beginning of September. Through a grant from the Ashley Family Foundation we were able to offer a bursary to a graduate student from Carmarthen School of Art, Rachel Thomas, worked on our (relatively) modern loom, initially for three days a week for six weeks over the summer holidays and then until the end of the season as she was getting so much out of it. Our visitors greatly enjoyed watching and talking to Rachel ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievementsagainst
objectives set|Para 1.41|Thecomments wereceivefrom visitors
are overwhelminglypositive andmeet
ourobjectivesofproviding an
interesting and enjoyable experience.
TheMuseum isone of TripAdvisor’s
top attractions inNewtownwith 5stars.
Thus,notonlydoes theMuseum
provideinterestinginformationto
visitorsbut it ishelpingto attract
visitors toNewtown.| |---|---|---| |Performance of
fundraising activities
against objectives set|Para 1.41|Our visitornumbersandtheincome
generatedmet thetarget we hadset
ourselves.
Ouraim is tomeetday to day revenue
costs fromour income. Unfortunately
we did notachievethis inthesummer
of2024 eventhoughincome per visitor
increased. InMarch 2023theMuseum
wasgiven arevenue grantby the
WelshGovernment to helpwith higher
expenditure, mainlyon utilities. The
remaining £2,100 of thisgrant wasused
in 2024-2025,butevenwiththis
expensesgrewandweresome £4.000
in excessofour incomefor theyear.
Anything outsidethe day to day
requiresexternal funding.2024-5sawa
numberof successfulapplications:
Two applications weresuccessfulat the
beginning of2024which borefruit inthe
summer. Onefrom theGroupfor
EducationinMuseums (GEM) found us
a LearningMentor, who provided advice
and guidanceto assist theMuseum to
developrelationships withlocal schools.
This wasaccompanied byasmall
grant, to buy toysetc. Together they
have provedto be enormouslyhelpful
andthe numberof visits from school
hasbeguntoincrease.
Thesecond applicationwas for funds
from Powys County Council’s Shared
Prosperity Funds tomake a bi-lingual
video ofatourof theMuseum. Itsaim is
to enablethose peoplewhocannotgo
upstairs,or those unabletovisit
Newtown, to getafeel for what the
Museum isoffering. Thefilm was made
by GwynCole of Silent River films
duringthesummer. Unfortunately the
films were not completed untilafter the
end of theseasonsowere not shownin
theMuseumuntil summer2025. Inthe
meantimethey were available,and
watched,onYouTube.
Gwyn becameinterestedinthe process
of weavingwhileintheMuseumand
alsofilmedRachel showingthe
processes involvedinweaving, from
beginningto end. Thishasalso been
available onYouTube.| |---|---|---| |||| |---|---|---| |Investmentperformance
against objectives|Para 1.41|Notapplicable.| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Reviewof thecharity’s
financialposition at the
end of the period|Para 1.21|TheMuseum remainsa goingconcern
andshouldremainsoforat least
another yearor two.Like all small
Museums wefaceincreasedcosts
which have beenmaintained at the
minimum levelnecessary,andfactored
into ourbudgetsaccordingly.| |Statementexplainingthe
policyforholdingreserves
statingwhy theyare held|Para 1.22|The policy forholdingreserves is to
have enoughcashreserveto allow for
anyemergencybuildingwork tothe
Museum,and alsoto hold aresilience
fundto allow for twoyearsof closure
dueto anyunforeseen evente.g.
another COVIDoutbreak.| |Amount of reservesheld|Para 1.22|£3,000foranyemergencybuilding
work whichmayoccur.| |Reasons forholdingzero
reserves|Para 1.22|
Notapplicable.| |Detailsoffundmaterially
in deficit|Para 1.24|No deficit.| |Explanation ofany
uncertaintiesabout the
charity continuing asa
goingconcern|Para 1.23|No uncertainties.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |The
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47|| |||| |||meet itsobjectivesas setout insection
ObjectivesandActivitiesof this Report.| |---|---|---| |Investmentpolicyand
objectives including any
social investmentpolicy
adopted|Para 1.46|Noinvestments. TheTrustattempts to
ensurethat itselectricity supply isas
“Green”aspossible and alsoto use
local suppliers whereverpossible**.**| |A description of the
principal risks facingthe
charity|Para 1.46|Themain problems facingtheMuseum
at the present time arethe difficultyof
recruiting enoughvolunteers to be open
for fourdaysaweekandtomanage
thesuccessionfor theTrust Chairand
Trustees;andmembersof the
Management Committee. Managingthe
inflationcosts,particularlyenergy costs,
wasalso of major concernin 2024-5.
Theseweremitigatedtosome extentby
theWelshGovernmentgrant (as
above).| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing
document
(trust deed, royal charter)|Para 1.25|CIO–Foundation, registered 19March
2020. CCnumber1188651| |How isthecharity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |Trusteeselection
methods including details
of any constitutional
provisions e.g.electionto
post orname ofany
person orbodyentitledto
appoint one or more
trustees|Para 1.25|TheConstitution doesnot specifyhow
Trusteesareselected. Inseeking new
oradditional Trustees the existing
trustees musthaveregardtotheskills,
knowledge and experience neededfor
the effective administration of theCIO.
Every trusteemustbe appointed bya
resolution
passed
at
a
properly
convenedmeeting of
the
charity trustees.| |**Additional information (optional)**
Youmay choosetoincludefurther statements whererelevantabout:|**Additional information (optional)**
Youmay choosetoincludefurther statements whererelevantabout:|**Additional information (optional)**
Youmay choosetoincludefurther statements whererelevantabout:| |---|---|---| |
Policiesand procedures
adopted for theinduction
and training of trustees|Para 1.51|We have adoptedtheCharities
Commissionstandardfor inducting and
training new Trustees.| |Thecharity’s
organisational structure
and any widernetwork
withwhichthecharity
works|Para 1.51|TheTrusthasaBoard of Trusteesand
aManagement Committee. The
Trustees takeresponsibility for the
strategicdirection of theMuseum
including ensuringit is solvent,and
delivering onits charitable purpose.
Theyalso providecollectiveleadership
insupportof theMuseum’s charitable
objectives.
TheManagement Committeeis
responsiblefor the day to day
managementof theMuseum. Thereis
nowidernetwork.| |Relationshipwith any
related parties|Para 1.51|No paid employees. Norelated parties.| |Other||| ## **Reference and Administrative details** |Charityname|NewtownTextileMuseum| |---|---| |Othernamethecharity
uses|-| |Registeredcharitynumber|1188651| |Charity’sprincipaladdress|5-7Commercial Street
Newtown
Powys SY16 2BL| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7|**Trustee name**|**Office (ifany)**|**Dates acted if**
**not for whole year**
**Name**
**of**
**person**
**(or**
**body) **
**entitled **
**to**
**appoint**
**trustee **
**(ifany)**| |---|---|---|---| ||JanetLewis|Chair|| ||NormanDavies|Treasurer|| ||JohnEvans|Curator,exofficio|| ||Chris Tomley||| ||CarrieCanham||| ||KatherineKeatley||| ||Daniel Brawn|Secretary|| Corporate trustees – names of the directors at the date the report was approved **Director name** None ## Name of trustees holding title to property belonging to the charity |Trustee name|Datesactedifnot for
wholeyear|| |---|---|---| |(No oneindividual/s)||| |**Funds heldas custodian trustees on behalf of others**||| |Description of the assets
heldin this capacity|None held.|| |Name andobjectsof the
charityonwhose behalf
the assetsare held and
howthisfalls withinthe
custodiancharity’sobjects|Notapplicable.|| |||| |Detailsof arrangements
for safecustodyand
segregation of such
assetsfrom thecharity’s
own assets|Notapplicable.|| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** ||**Type of**|**Name**|**Address**| |---|---|---|---| ||**adviser**||| ||Mentor|Alex Turrell|Powis Castle andGarden, Welshpool,Powys SY21| ||||8RF| **Name of chief executive or names of senior staff members (Optional information)** No staff employed. ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** ## **The trustees declare that they have approved the trustees’ report above.** ## **Signed on behalf of the charity’s trustees** N. Davies **Signature(s)** J. Lewis NORMAN DAVIES **Full name(s)** JANET LEWIS **Position (eg Secretary,** Chair Treasurer **Chair, etc)** **Date:** 3 D e c e m b e r 2 0 2 5 ## **ACCOUNTS FOR NEWTOWN TEXTILE MUSEUM TRUST 2024-2025 FINANCIAL YEAR** ## **5[TH] APRIL 2024 TO 4[TH] APRIL 2025** ## **Newtown Textile Museum** ## **5-7 Commercial Street** **Newtown** **Powys SY16 2BL** ## **www. Newtowntextilemuseum.co.uk** **email: admin@newtowntextlemuseum.co.uk** ## **A Charitable Incorporated Organisation Charity Commission number 1188651.** **Note** : The Museum is entirely run by volunteers and has no paid staff. It is not a limited company but a CIO and adheres to Charity Commission and Inland Revenue regulations and guidance for income, expenditure, and financial regulation relevant to a CIO, and is controlled by a Board of Trustees. ## **Accounts Contain:** 1. **Income and Expenditure account 24-25** 2. **Notes to the I&E accounts 24-25** 3. **Grants received and grants expenditure 24-25** 4. **Consolidated I&E account and bank reconciliation 24-25** 5. **Balance Sheet at 4[th] April 2025.** ## **1. INCOME AND EXPENDITURE – NEWTOWN TEXTILE MUSEUM TRUST 2024-25** ## **5[th] APRIL 2024 TO 4[th] APRIL 2025** _**(2023-2024)**_ |**Expenditure**||**£**
**£**|| |---|---|---|---| |Utlites|Electricity (Note 1)|1,740.96|| ||Water|423.54|| ||Telephone/Broadband|999.43|| |||3,163.93|(_5,105.13)_| |Building|Cleaning|280.00|| ||Alarms|606.00|| ||Maintenance/Renewals (Note 2) 687.25||| ||Lightng (Note 3)|441.98|| |||2,015.23|_(7,022.20)_| |Legal|Insurance|1,443.80|| ||ICI Fees|40.00|| |||1,483.80|_(1,372,13)_| |Marketng|Subscriptons|671.00|| ||General Marketng|1,634.12|| |||2,305.12|_(2,664.40)_| |Collecton|Collectons and displays (N4)|1,861.23|(_385.96)_| |Cost of Sales|Cost of Sales|1,911.43|_(2,271.46)_| |Miscellaneous|Consumables|161.48|| ||Training/Admin|513.60|| ||Bank charges|60.00|| ||Miscellaneous|109.00|| |||844.08|_(1,422.72)_| |**TOTAL**||£**13,584.82**|**(20.244.00)**| |Expenditure during 2024-25 using grant money brought forward or received in year:|||| ||Accessibility/Filming|6,290.00|| ||Oral History Project|2,135.80|| ||Educaton project|750.00|| ||Banners|205.00|| ||(note 5)|**£9,380.80**|| |**TOTAL OPERATING EXPENDITURE 2024-25**||**£22,965.62**|| In addition, a £2,500 grant was received for, and £2,500 paid directly to, Resident Weaver (Note 6) |**Income**
Donaton at Museum (Note 7)
Friends & General Donatons (Note 8)
Tours, Talks
Events at Museum
Filming and other use of Museum
Miscellaneous income
Shop sales at Museum (Note 9)
HMRC Gif Aid (Note 10)
**TOTAL**
Grants received in 24-25 (Note 5)
**TOTAL INCOME IN 2024-25**
**OVERALL, I & E FOR 2024-25:**
**Expenditure**
**Less income**
**Excess of expenditure over income 2024-25**

(Note 11)|**£**
**£**
**_(2023-24)_**
2,971.14
_(2,412,18)_
5,400.00
_(3,500.00)_
250.00
501.29
248.36
296.66
1,296.31
(_752.65_)
2,833.69
_(2,439.81)_
0
_(904.28)_
**£12,501.14**
**_(10,008.92)_**
**£6,290.00**
**_(9,580.17)_**
**£18,791.14**
**_(12,211.13)_**
**£22,965.62**
**£18,791.14**

**£4,174.48**
**_(£5,352.02)_**| |---|---| In addition, a £2,500 grant was received for, and £2,500 paid directly to, Resident Weaver (Note 6) ## **2. NOTES TO THE INCOME AND EXPENDITURE ACCOUNT** Note 1 – The price of electricity decreased during the financial year. Our new fixed price agreement was in place for the 23-24 financial year and led to a reduction of some £2,000 per annum. Note 2 – The reconstruction of the reception area of the Museum took place in the winter of 23-24, and there were no costs for the 2024-25 year. Note 3 - Some expenditure on lighting fixtures renewal necessary. Note 4 - The Museum exhibitions required new displays, plus further refurbishment of displays and care of the collection contents were undertaken during the year as an ongoing task. Note 5 – A detailed financial review of the grants received and spent during the year, and the donors of the grants, is given in Section 3 of the accounts following. Note 6 – A grant was received of £2,500 for the Museum to give a bursary to a student to act as a resident weaver in the Museum for the college holiday period in the summer of 2024. This grant was then passed on in full to the student during that period. Note 7 – Donations at the Museum were at a higher level, in total and per person, than in the 202324 financial year. Note 8 – Friends and general donations were at a higher level than in previous years thanks largely to single individual donations of £1,500 and £1,200. Note 9 – The shop sales in the Museum show a continuing healthy increase over the previous year. Agreements were in place to retain 20% commission with most suppliers, or everything over cost price with two local suppliers. Note 10 – The application for Gift Aid was delayed due to the need for checking of home addresses of some donors, hence it will be made in the next financial year. Note 11 – The excess of expenditure over income decreased by £1,174.54 in the 2024-25 financial year compared to the 2023-24 year. Expenditure was kept to the minimum necessary to enable the Museum to remain open during the May to September period. The budget for the 2025-26 financial year envisages a further reduction of £1,000 in this annual “loss”. **The Museum remains a going concern and has sufficient revenue reserve to overcome even a complete one-year closure if the worst should happen in a future year (as it did in 2020/21). However, the Museum relies on continuing to increasing income, and taking every available step to reduce expenditure in order to remain open for future years.** ## **3. GRANTS INCOME AND GRANTS EXPENDITURE ACCOUNT FOR 2024-2025 YEAR** |**Purpose of Grant**|**B/F unspent**
|**Received**|**Spent**|**C/F unspent**| |---|---|---|---|---| ||**from 2023-24**|**2024-25**|**2024-25**|**to 2025-26**| ||**£**|**£**|**£**|**£**| |Accessibility project|0|6,290.00|6,290.00|0| |Oral History Project|2,200.00|0|2,135.80|64.20| |Resident Weaver|0|2,500.00|2,500.00|0| |Revenue grants|2,109.43|0|2,109.43|0| |Educaton|750.00
|0|750.00|0| |Banners|205.00|0|205.00|0| |**TOTAL GRANTS**|**5,264.43**
|**8,790.00**|**13,990.23**|**64.20**| . **The following organisations have kindly donated the funds noted in the Grants Account as spent during 2024-25, and are thanked for their contributions:** Powys County Council with Powys Association of Voluntary Organisations, through the Making a Difference Fund 2024-25 – Accessibility Project Community Foundation Wales, Powys Welsh Church Act Fund – Oral History Project Ashley Family Foundation – Resident Weaver The Government of Wales Business Support 2023-24 - Revenue GEM Cymru Museum Mentor Learning Fund - Education Catalyst Cymru funded by NLHF via Welsh Council of Voluntary Associations ## **4. CONSOLIDATED I & E ACCOUNT FOR NEWTOWN TEXTILE MUSEUM TRUST 2024-2025** **Expenditure for 2024-25:** **----- Start of picture text -----**
From I&E account 22,965.62
£22,965.62
Income for 2024-25:
From I&E account 18,791.14
£18,791.14
Net expenditure for year £4,174.48
Bank reconciliaton:
Opening Balance 5/4/24
NatWest account 12,577.13
HSBC account 1,774.11
£14,351.24
Less net expenditure (from I&E) 4,174.48
Closing Balance 5/4/25 £10,176.76***
**----- End of picture text -----**
**The closing balance is held in the NatWest account £8,147.65 + HSBC account £2,029.11.** *** Of this closing balance of £10,176.76: Specific allocated Grant funds c/f (Section 3) 64.20 Buildings maintenance fund 3,000.00 **£3,064.20 Available Museum general revenue funds at 5[th] April 2025 £ 7,112.56** **5 CONSOLIDATED BALANCE SHEET AT 5[TH] APRIL 2025** |Notes
**FIXED ASSETS**
Buildings 5-7 Commercial Street used
1
349,000
entrely as Museum premises
Contents of Museum including displays
2
19,000
**CURENT ASSETS**
Debtors
3
240
Cash at bank and in hand
4
10,177
Donatons held in PayPal account
5
200
Stock for shop
6
555
**CREDITORS**
Amounts falling due within one year
nil
**NET CURRENT ASSETS**
**FUNDS**
Unrestricted funds
7
10,553
Restricted funds
8
368,619
**TOTAL FUNDS**|_(2023-24)_
_(325,000)_
_(19,000_
)
368,000
_(344,000_)

11,172
**379,172**
**£379,172**| |---|---| ||| Notes to the Balance Sheet 1. Figure is estimated sale value 2. Figure is that used for the insurance valuation. 3. Small debtors due on 4[th] April 2025. 4. Detailed in section 3 of these accounts **.** 5. PayPal account donations are transferred to the main bank account quarterly **.** 6. Resale value of stock shop as at 4[th] April 2025. 7. Held at bank, PayPal, and cash in hand (£240). 8. Property £349,000 + asset value museum contents £19,000 + shop stock £555 + restricted grants £64. **Norman Davies Treasurer, Newtown Textile Museum 26[th] October2025** **Approved by the Newtown Textile Museum Trustees on x 2025.** **ND/24-25acFinal**