## **Trustees’ Annual Report for the period** **From 01/10/2022 Period start date To 30/09/23 Period end date** ## **Charity name: Friends of the Museum of Somerset** ## **Charity registration number: 1188706** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To advance the education of the public**
**by promotion, support, assistance and**
**improvement of The Museum of**
**Somerset.**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**Monthly lectures, some of which are face**
**to face and others by Zoom.**
**Regular newsletters.**
**Occasional visits to places of interest.**
**Annual lecture by well-known speaker.**
**All activities are advertised, and reports**
**are displayed on the website and sent to**
**local newspapers.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees have had regard to the**
**public benefit guidance issued by the**
**Charity Commission.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||
SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|**Not applicable**| |Policy on social investment
including program related
investment|Para 1.38|**Not applicable**| |Contribution made by
volunteers|Para 1.38|**The charity is run exclusively by**
**volunteers.**
**Some speakers give their services**
**voluntarily.**| |||| Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**Annual programme of lectures and an**
**Annual Lecture by a well-known speaker**
**which encourage members of the public**
**to join the Friends of the Museum of**
**Somerset, thus enabling their**
**subscriptions to be used to support The**
**Museum of Somerset.**
**In November £225 was given to purchase**
**a play mat to improve the ambience of**
**the room used for story telling to young**
**children.**
**In April £2000 was given towards the**
**purchase of the Cheddar Brooch, a**
**remarkable Early Medieval silver and**
**copper alloy disc brooch from Cheddar,**
**dating to c. AD 800-900.**| **Additional information (optional)** You may choose to include further statements where relevant about: |
Achievements against
objectives set|
Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The annual profit was £1294.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Reserves are held to be available to**
**assist The Museum in purchases of**
**specific objects or for specific projects**
**e.g. conservation of a picture. At present,**
**£5130 is earmarked to help with the**
**purchase of a Roman ring (£1000),**
**display of the Cheddar Brooch (£4000)**
**and the purchase of a lectern (£130). A**
**further £2405 is set aside for The**
**Museum to use in ways that will enhance**
**their visitors’ experience.**| |Amount of reserves held|Para 1.22|**£18,567**| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|**FOTMOS has no deficits.**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**An ageing membership, and reluctance of**
**members willing to become trustees.**| |**Additional information (optional)**
You may choose to include further statements where relevant about:||| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Membership subscriptions are the chief**
**source of funds, supplemented by the**
**sale of second-hand books, permanently**
**on display at the Museum, occasional**
**plant sales, raffles and quizzes.**| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**Money is invested, where possible in**
**higher earning accounts, but with the**
**need to access funds being the chief**
**consideration.**| |A description of the principal
risks facing the charity|Para 1.46|**Lack of members willing to become**
**trustees.**| |Other||**The decline in membership appears to**
**have been halted, but greater numbers**
**have necessitated moving to a larger,**
**more expensive, venue.**| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution derived from Charity**
**Commission template.**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Trustees elected each year by members**
**at the Annual General Meeting.**
**Officers are elected at the AGM from**
**amongst the trustees.**
**The trustees may co-opt further trustees.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
Policies and procedures
adopted for the induction and
training of trustees|
Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**The trustees hold regular quarterly**
**meetings.**| |Relationship with any related
parties|Para 1.51|**The Head of Museums at the South West**
**Heritage Trust, the Museums Operations**
**manager, the Curator of Archaeology and**
**the Museum of Somerset Manager**
**regularly attend trustees’ meetings to**
**advise on needs.**| |Other||| ## **Reference and Administrative details** |Charity name|Friends of the Museum of Somerset| |---|---| |Other name the charity uses|FOTMOS| |Registered charity number|1188706| |Charity’s principal address|The Museum of Somerset,
Castle Green,
Taunton
TA1 4AA| ||| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Chris Cooper|Chair||| ||Chris Jessop|Secretary||| ||Barbara Cooper|Treasurer||| ||WendyFlint|||| ||LesleyHerriot|||| ||Marion Holley|||| ||Brian Hunter|||| ||Veronica Matthews|||| ||Lauraine
Newcombe|||| ||Donald Ruffell|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **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** **Signature(s) Full name(s) Position (eg Secretary, Chair, etc)** **Date** ||**Friends of the Museum of Somerset**
|**Friends of the Museum of Somerset**
|**Friends of the Museum of Somerset**
|**1188706**|**CC16a**| |---|---|---|---|---|---| ||**For the period**
**from**|10/1/2022|**To**|9/30/2023|| ||||||| |**Section A Receipts and payments**|||||| |**A1 Receipts**
**1,644**
Fund Raising
**939**
Gift Aid
**259**
Bank Interest
**132**
Visits
**192**
Events
**1,582**
Donations
**34**
Miscellaneous
**69**
**4,851**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ 4,851**
**A3 Payments**
Donations to Museum
**2,223**
Speakers
**217**
Insurance
**96**
Website hostingand maintenance
**56**
Printing , postage and stationery
**5**
Visits
**130**
Events
**659**
Venue
**72**
Miscellaneous
**100**
**_Sub total_ 3,558**
**-**
**-**
**_Sub total_ -**
**_Total payments_ 3,558**
**_Net of receipts/(payments)_ 1,293**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**20,235**
**_Cash funds this year end_ 21,528**
**Unrestricted**
**funds**
**to the nearest £**
Members' Subscriptions
**_Sub total_**_(Gross income for AR)_
**A2 Asset and investment sales,**
**(see table).**
**A4 Asset and investment**
**purchases, (see table)**||**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Restricted**
**funds**|**to the nearest £**
**Endowment**
**funds**|**Total funds**
**to the nearest £**
**1,644**
**939**
**259**
**132**
**192**
**1,582**
**34**
**69**
**4,851**
**-**
**-**
**-**
**4,851**
**2,223**
**217**
**96**
**56**
**5**
**130**
**659**
**72**
**100**
**3,558**
**-**
**-**
**-**
**3,558**
**1,293**
**-**
**20,235**
**21,528**|**Last year**
**to the nearest £**| ||||**-**|**1,644**|**1,332**| ||||**-**|**939**|**637**| ||||**-**|**259**|**567**| ||||**-**|**132**|**73**| ||||**-**|**192**|**540**| ||||**-**|**1,582**|**592**| ||||**-**|**34**|**156**| ||||**-**|**69**|**-**| ||||**-**|**4,851**|**3,897**| ||||||| ||||**-**|**-**|| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| ||||||| ||||**-**|**4,851**|**3,897**| ||||||| ||||**-**|**2,223**|**2,200**| ||||**-**|**217**|**490**| ||||**-**|**96**|**96**| ||||**-**|**56**|**45**| ||||**-**|**5**|**-**| ||||**-**|**130**|**542**| ||||**-**|**659**|**100**| ||||**-**|**72**|**72**| ||||**-**|**100**|**-**| ||||**-**|**3,558**|**3,545**| ||||||| ||||**-**|**-**|| ||||**-**|**-**|| ||||**-**|**-**|**-**| ||||||| ||||**-**|**3,558**|**3,545**| ||||||| |||**-**|**-**|**1,293**|**352**| |||**-**|**-**|**-**|**-**| |||**-**|**-**|**20,235**|**-**| |||**-**|**-**|**21,528**|**352**| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**|**Details**
Co-operative Account
Ecology Building Society
United Trust Bank
**Details**
**Details**
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**2,461**
**6,567**
**12,500**
**21,528**
OK
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Unrestricted**
**funds**
**Unrestricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**|**to nearest £**
**-**
**-**
**-**
OK
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Restricted**
**funds**
**Restricted**
**funds**
**Amount due**
**(optional)**|**to nearest £**
**Endowment**
**funds**| |---|---|---|---|---| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||OK| |||||**to nearest £**
**Endowment**
**funds**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**Current value**
**(optional)**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**When due**
**(optional)**| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| Signed by one or two trustees on behalf of all the trustees Signature Print Name Date of approval