Firefox about'blank Palestine Museum and Cultural Centre Trustees Report and Flnanclal Statements for tho year to 31 It December 2023 11￿148 of 11 3111012024. 08.16 Firefox about'.blank Palestine Museum and Cultural Centre Trustees. Annual Report for the year to 314t December 2023 CONTENTS Struclure, and M8n8gefwl Obpcts and A￿l￿1tieS Athievements and Performance Financial Remv ststement of Respornibililies of Trn8tees Independent Examinefs RetNyt strteM￿tt of FinarMi81 AL*Mll85 Balan￿ S￿1 Notes to the Accounts Reference and Admlnlstratlve Infonnatlon Charlty name.. Chaty reglstrath)n nwnber. 1190148 Reglstered Olfico and Opernlh)nal P4Jtr888.' 27 Broad Street. 8rf8tot BSI 2HG Tru*teH 2023 Peaco Handovsky Angus MacPherson Dr Helen Watts Safia Mallk Structure. Governance and Management The cwganlsatbon18 8 CharSlabl8 IncOr￿rated 0rganl5au(￿, InaJryJ(Kated and regbstered as a (*arlty on 29th June 2020. Its goveming d0￿ment is c(￿Stitu1b)n daled 16th November 2017. RKruftm•nl and AppoIn1n￿￿t of Tw•ts•• Trustees are appointed by e re$olutb)n paswj al Tw$lees' Meetlngs. In selectlng indiv*Juals for appointrnent as charity truslees, Ihe tharity Irustees have regard to tha skllls. kI￿VIedge aThJ eXpW￿nce needed lor the effec15ve admlnlstrauon of the CIO. 121 3111012024. 08.16 Firefox alKM]t'.blaDI Objects and Activities Charltablo Objects The objed of the CIO is to establlsh *xl maintsin a museum to increase knowledge ol the hlslory, heritsge, culture and daity life of Pa￿*ine and its people. Publlc Benaflt The charity rtms a n￿88￿M ¥thkh Is open to lh8 publk evwy Sotur(lay and Sunday from 11am to 6pm. It also opens fcr g￿lP Vistts at other t¥nes by aTraThJemenl and run events such as film n&hts, and musical eveniThJ and taks. The thaiity displays a v*iety of Palestlnlan products wlth infom)ation atrfjut their crfigins and the comunities Wt￿ p￿lUC0 The spei?fi¢ acllvttles dwlng tho year that laciltated Ihls are descflbed bekmt. Tho Trustees have read arrfl had regard to the Charity Commissh)n'8 gUIdan￿ on publlc benefit. Achievements and Perfomiance The PMCC Truste88 and C￿nrnfttee wero actpM between 1¥ January 2023 to 31¥t December 2023. We are happy lo report no cjosurns were necessary due to Covkl. We w8lct)med over $708 vlsltQff8 In 2023. an kn(xea86 d 57.81% on vl8ttor numbern frorn the 2022 totsl 013617. Wo ran events th1ough￿l the year arKI welC(rf￿ small group$ of visltors on requ8sl. We hosted 23 events with over 1,372 atterAJ8es In totsl.. 3 grow vlsits. no requgsts for extem81818118. W• collaboralod with a number of k)c41 OTg8ni8atk)n$ In¢Yudlng 3 films wlth the 8fSstol Pala8tlne FAM Fo8tfval ar#J an exhi*on of chldren'6 POOty ¥Ath The H￿d8 Up Proiect. We contlnwd lo 8thety recmlt NTluntews onlne. We Increased the rangè, both typo and Pfkx. of Pal8StIn￿ woducts for sale. Flnanclal Revlew The accounts the perlxl show a wrplus of£6,681 (2022 deficlt of£18). Thls was due lo substantlal increases In the numt*r ol visith and Sales of Pabstinian related products. 8udgeted expendilura Is detemiinod by Ihe income available, and the chwity has no gnlficant liabllitles ty financial o)mmltrnents. Th8reth Trustees afe Sallsflgd that tho chanty remains a golng concem. R•Mrv•• Polley To guard against any wfornsaen 8ubstanliaf drop In trK*me. the Intsle8s have est8bll$hod pollcy whereby the unrestricled cash luThJ$ shoukl be enough io ￿Ver at least months ol expenditure on essenlial nJnning ca8ts. wthich equates to around £6,(MXJ. At th8 balance sheet date free reserves amount•J lo £17.042 (2022 £10.361), therefore th8 charity's18vel ol reserves Is in excess of tsrget fiwre, aThJ Ihe tru$tee8 have Sat aslde £6.000 in a Contingency Reserrfe furthj. 3111012024, 08.16 Firefox about.'blank Palestine Museum and Cultural Centre Statement of Responsibilities of the Trustees Trustees are requked to prepare finandal $taiernents eath fwiancial year. ￿[ch give a true and fair v6ew of Ihe stsie of affaws of ts charity and the incaJnSry resources and 8ppli(allon of resources. inclL¥Jing ts nel ino)m8 or experthjrture, of the charrtable company br the yoar. In prepwlng those finaThSal statements the trustees are requtred to: Select suitable act￿1n￿ng pL4ws and then aFvty them CA￿Sistanty. Obsep4e Ihe melhcmjs ￿ prirttples in the aFvlicab18 Charities SORP: Make judgements and eslimales that are NBay￿b￿ and pnKl8nt: State Nthether appltabl8 accountlng staThJards and $talemenls ol rec4)mmend8d practice have been followed, subje(* to ar•y materlal departwes disdosed and explained In the ffinancial statements,. arKI Prepare the financial statements on the cxy)c•m bash unless It Inapprowiate b presun* that tharlty wll (X)n￿n￿ In yratm. The Injstees are rosponsible lor k6epirvJ rKoper aw)untwwJ records whK* dlsdose V•ith reasonable accuracy al any tlme the financial [*)s￿on of the charity and vthith enable them to ensure that Ihe finandal statements compty wlth tt18 Charities kt 2011 and the applicablo Ch*lties (A￿•ble steps for Ihe prevent￿ arKI detection ol fraud aThJ other irregularllies. The trustees confirm Ihal to the i￿st of their knowledge ttwe is no inlormalh)n relev￿1 to the Indepondent ExaMInatk￿ of tho Examiner bs unaware. The 1rn8tee8 al80 confimi that tw ha¥e taken aH noc*8W Step$ b •nsur8 that tt￿Y themselves are aware of all rele¥￿t rW￿ndal Infom)atlon aThl that thls Inft>rmadon has been comrnunlcated to tho Examnw. The trusto08 are members of charlty ￿ Ihh entltl88 thom only to Votlry rfghls. Tha trustees have no benellcial interest In ts dwlty. Apwoved by tho trusto08 on 29th Octobw 2024 arKI sbJn•J on thelr bohall by.. Hden Wotts. Tru8tee Pea¢• Handovsky. Trustee ofll 3111012024. 08.16 Firefox about.'blank Independent examinerfs report to the trustees of Palestine Museum and Cultural Centre I report to the charity trustee$ ￿ my examination of the a(x￿nts of th8 chaity for the year endlng 3111 Dac8mber 2(r23, which ore sel (xrt on pages 6 to 11. R•specllv• rnsponslbllltl•g of tru$t•u and •x•mln•r As the chanty's In￿teeS yw are reSFx)nstJ￿ for the preparation ol the 8¢C￿nts in accordanc* the requinnents of the Chwthes Act 2011 (the Charities Act). Havlng sotlsfied my8elf that lh• act4￿lS of tho C(wnppny are not roquhd to b• audltad under sectk)n 144 of the Charltlos Act and are eligible for Independent ¢xamlnalhM. I report in respect of my •x8min8lion of YOUT charity's Sco￿nts as cwiad out under $8ctK>n 145 of th8 Charities Act 2011. In cwrylng out my examinatK)n I hav8 folknved th8 Directh)n$ glven by the Charity commissi￿ under sec11￿ 145(51 (b) of the Ch￿￿8$ A¢1. Ind•p•rKl•nl •xamln•es •tat•m•nt I have ccffipleted my exaM￿ation. I confirn Ihat no matters hove come to my attention in Connecti￿ with the eXaMinatM￿ gNing me ￿se to belie¥*: 1. accountiNJ rec¢ydsh*re not kept ￿ resped ofthe as required by the Charities Act: or 2. the accounts do not occAyd th those rec4rds,' or 3. the a¢o)unts do not comply with the accounling requlreffonts of the Charikn Act other than any requlr8ment thai the aco)unts gfve a 'true and falr WI￿ Is not a matter considered as pgrt of an Independent examinats'on; or 4. the acr￿unts have not been kYep8red In 8ccordance with rnthod$ and prlnclples of tho Stslemgnt of Roc(¥D￿rnyed Pr8ciico 8c¢>)unl•ng and reF¥Yting by charities [8ppllc4ble lo charilles wowing Iheir acca)unts ￿ ac¢ud8nc* vAth the Flnandal R8POrting Standard appli¢able in the UK and Republic of Ir818nd IFRS 102)]. I have no rAJncems 8nd have come acxo8s no olhw mattern in cl￿nectIon with the examinatlon trj ￿lch 8ttention shwld be drawn this report lo enabFe a propor understandlng of the accounts to be rn8ch&l. 31* October 2024 Rupert Taykx 5 Mount Plea8ant. Millbrook Torpoint ComwaH PL10 18H of 11 3111012024. 08'.16 Ftrefox about.'blank Palestine Museum and Cultural Centre Ststsment of Flnanclal Actlvllles Ilncorporatlng Incorn & Exp•ndltur• Account) Y•ar to 3181 DoComb•r 2023 Y••1 to Y••rto 31nV23 31M2Q2 Totsl funds Tot•1 fijnds l•ll unr8*l¢l•d] lall unTrs Nol88 Grants and dona150rt8 Charltsble acOvl#•• 4M35 35A73 4,887 11.453 rotsl kncom• 39.808 16J40 Fundralslng c£J$ts Chartlablo 363 32.564 16359 Tc4•1 Exp•Trkn 32927 16JS9 N•t l(Exp•ndlw•) Trnn8fèrn ￿￿*￿•D ￿ndS 8,681 pj N•t Mov•m•rn1 681 1181 Total fvnd$ Ixwhl bnv8Td 10,361 10J79 Tel*1 IwKl• e•rnl•d forward 17 IOJ61 iof 11 3111012024. 08.16 about blank Fir¢fox Palestine Museum and Cultural Centre Balance Sheet As •t 3181 D•c•mb•r 2023 Chily r•Oitr•tlrffi Mnb•r: 1190148 2023 2022 RY•d A•••ts Curr•ntA•••ts Debtors and prO￿Y￿n￿ Cash at bank and on hand StcK* on hand 728 13.942 2,750 10.361 17.420 10,361 Curf•rt U•tAMII•• Crgditorts 8nd a¢xwual8 378 N•1 Cwr•rtA•••t• 17.042 10,361 N•1 Awts 17W2 IhTr ch•rMy: CAneral funds pi 11.042 10.361 17.1142 10J81 Appro￿ by the tru8bes ￿ 29** (kknber 2024 •nd *nod ￿ thelr be￿Nb￿. Helen Walts Trustee Peac¢ Handov Twstse 7ofll 3111012024, 08.16 Firefox abwt.'blank Palesllne Museum and Cultural Centre Notes to the Accounts Year to 31st Decembor 2023 111 Acer￿•￿ P•llcl•• Tho prWI pok*s •W•J li th• ￿the arn wl out b•*J*. Th• rmar￿1 ¥l•t•n¥nts h•v• b￿n prwff•(l kn th• A(x￿nI￿lI Ilapoty by0w￿l••.. St•tomèni of f*(¢nYrnryJed Pr*Lth* ap•blè io tharth8 prnpamg thèfa(oJunts •) a(0)￿rth tho Fhwtitil slaThJ•￿ •ppkAbb and P•pubk ol Ireljnd (FRS 102)1•11•(*￿ 1 January 201Sk •• •N*nd•d by Wat• 8ulth 14Jwod M 2nd F•bNpry2016. and th• ￿￿1￿•At1 2011. Pth81kn• end m••ts IlK• ol • b•Mft und•r FRS 102. A•téts and ¥ •f• r•wrk*od •t hi#otsI u)•t iy irnn8•dvJn unw Wtad kn th• rnkn¥•nt arA•unlno pokn not•(Al Th• ¢harW¥ b•i*r*• th••1 •t 31* D•wrrO•r 2023 li •>••rth * ¢)nty fromfvnd• *tr•ady rnc•h*l. th• truths IM th*t tr• th•rty Ib • goff¥a on •h orwknJ b•th. 1¢) ilx l•ff• ol b••n *lb 9ffjb•b* Ih•t trh• b• ind li• •ff¢Lmt L* b• Inc*•r kn quttlkjn. In •¢ rr*kn • p•>Trnt to • thld p•ty. Ih*l b• rnqufvtt •ft*)uni Obty•￿n r•* b• f•l•l*rf. A• lh• (Iwrty l• nol rno￿•r•d lorVAT. •1 VAT on •P••nd￿ra Its ¢*•ry•d ** * ¢Mt Wil•1 lh• ac￿ frJr*thth th• •xp•ndiiur• in￿nId. E¥g•ndlurn Un￿th• lfj Fundrnxhg Coth g)nwr•• th• ro*• •Moc•l•¢ •nLI th• axt• oity•dkng lor fvndrn•i19 Purpo￿. Ill •XF•ndKur• oJnTxkntt ry)* Al￿010 by lh• th•<1•Tr4w+y l* **•••• and forl¥ b•n•fthrf••. h ￿¢￿￿•* both wiis th•t ¢w b• •thx•t•O db•• to •nd tho•• ¢•ty ol •n wpport th• I C#hor•yg•nd*w MgM••nts •ny wch u>•t• th4rkng th• ￿ar kn gu•11￿￿. Support funclNins th*1 th• oflh• ￿J10¢ not uTra•rt•l• th•rfrab Th• th•rtyrd exoryl htyn l•x 01 n¢¢fft g•inslahw 505 olth• T•y•• 1988 tyt•dK)n 252 of Ihe T•xolK)n ol Ge￿A# 1992 ￿ Ihe ex*nt ttwlthw •rn appw 10 hth•r#•bb obpd¥. T¥n9kn￿ fvved a••ts4rn *Tlt•n oll Q¥*flh• •w•d•d W￿111• olth• •t 25% pw•nnum on 8ofll 3111012024. 08.16 ati(x]I".t)ianK Firefox Palestlno Museum and Cultural Centre Notes to the Accounts (conllnued) Year to 31 st December 2023 •h ot bank qnd (*8b m hand trv*Jd•• arKI n¥trJtyof thrBg rt)rnh$ dat• of ar4u*lbJn tyopen*¥J olth• IMIQ I prc*abty r￿* h th• ts¥nsf•fol fvnda kn • thvd P￿•Thj th• *ff•*ftt du• tp th• ob*rtbJn b• m•o8urnd er•strr•t•d r•tibty. Crnd*M •• It ••u*mnl •rt>unt •ft•r for any b•d• d*Wt•du•. 2022 To￿1 Total 4.U7 4.035 2022 Totsb To l•1 unrn*th*di l•1 35289 11.027 425 IntA)ft* 35.573 11,453 Th• <*•rty r•K•W no y•wQ022 2023 2022 TOW F••• kn P•￿T•nt p*tr 3111012024, 08..16 9ofll Fir¢fox about.'blank Palestine Museum and Cultural Centro Notes to tho Accounts (conllnued) Year to 31 •t DKen*Jer 2023 [51 Tota 2023 Totsl EY•r*l CostB ol Oknp¥y •qutff•nt aNI 1.146 ZO.072 1.075 20 374 lag 23.248 0.125 4.678 2.￿7 2.802 24 T•*phon• •r41 knt•m•i 8•nk IrwJMn Pow• •nd *t•kn•ry Atuunthnty F•• lor ￿￿•￿nd01￿ •wth• Sundry •xp•ft D•prnr4lb)n 1$ 224 Totyl Support C• 9,31fj Total lJ•N•bl• E¥•hthrn 32.581 16,369 A• lh• und•t•¢* ￿ •*• ¢I￿￿YoU￿9 th• p•bd. ¢4ts hm b••n •pportbn•d. 2023 Op•fthq b•L•hc• Add*knn• lh• Op•Trkn• ts•￿n Ch•r4• lorlh• >*•r N•1 Book Vik*: 2022 Prnp•yN•nt* Sundtyd•l 62 1101 Ioof 11 3111012024, 08.10 b(wJt.'blank Firefox Palestlne Museum and Cultural Contre Notss to the Accounts (contlnued) Year lo 31•t Do￿rnb•r 2023 2023 Ar￿Unt•4￿• 12 Jn 3n at Eyp•rtdthn botr￿1 31112r2023 fvn 01￿1r202? O•sin81od fvndi". Totsl cknwnat•d Fund¢ G•n•rnl Fund¥ 6,oc¥) p.oc¥)I 10.361 P2.92TI 11.042 10.361 P2.92TI 11.042 TOWI FI￿dI.. 10.311 P2.9271 17.042 •t Olm1ft022 B•*rK• •1 InLVm 31112r2022 10.J79 10.340 {18.3591 10.361 Tot•1 Fufid¥'. 10.379 18.340 10.361 Toi*l 10.379 18.340 110.3S•1 10.381 1101 InJ¥t••• r•rA*d lo￿ner￿lI)n durfn9 IM >wr bu#8•1 rnc•h*d p•hrnntstot•trJ £3.310 P022 £1.335 W ts•) *•r• al r•kr*urMff•nts I￿rr•￿ kn fuh4Thnt ol b)• obJK#. Ih•M *•rn no oth•rrnknt•d ￿￿tr*￿I•L￿￿￿￿th9 th• ￿•r. Tho oryb>•d no *•ff >*•r. Th• k•y mon•qrnht p•rnonn•l ol th• thaty•r• th• buth••. 11 of 11 3111012024. 08."16