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||**Page**|
|---|---|
|Trustees' report|1-4|
|Independent examiner's report|5|
|Statement offinancial activities|6|
|Balance sheet|7|
|Statement of cash flows|8|
|Notes to the financial statements|9-19|





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## Kerry Gallagher 

15/12/21 



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|||**Unrestricted**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|
|||**funds**|**funds**|**2021**|**2020**|
||**Notes**|£|£|£|£|
|**Income from:**||||||
|Donations and legacies|**3**|502,857|10,643|513,500|391,568|
|Investments|**4**|1,671||1,671|2,191|
|**Total income**||504,528|10,643|515,171|393,759|
|**Expenditure on:**||||||
|Charitable activities|**5**|507,163|4,008|511,171|440,499|
|**Net (outgoing)/incoming resources before**||||||
|**transfers**||(2,635)|6,635|4,000|(46,740)|
|Gross transfers between funds||1,814|(1,814)|||
|**Net (expenditure)/income for the year/**||||||
|**Net movement in funds**||(821)|4,821|4,000|(46,740)|
|Fund balances at 1 April||406,006||406,006|452,746|
|**Fund balances at 31 March**||405,185|4,821|410,006|406,006|





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|||**`2021`**||**`2020`**||
|---|---|---|---|---|---|
||**Notes**|£|£|£|£|
|**Fixed assets**||||||
|Tangible assets|**7**|174,283|||217,895|
|**Current assets**||||||
|Debtors|**8**|45,145||8,618||
|Cash at bank and in hand||195,673||184,238||
|||240,818||192,856||
|**Creditors: amounts falling due within**|**9**|||||
|**one year**||(5,095)||(4,745)||
|**Net current assets**||235,723|||188,111|
|**Total assets less current liabilities**||410,006|||406,006|
|**Funds**||||||
|Restricted funds|**11**||4,821|||
|Unrestricted funds|**`12`**|405,185|||406,006|
|**Total funds**||410,006|||406,006|
|The financial statements were approved|by the trustees|on **_-~-~-~Y.._** 2021, and are signed on|||its behalf|
|by.||·"||||





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|||**2021**|||**2020**||
|---|---|---|---|---|---|---|
||**Notes**|£|£|£||£|
|**Cash flows from operating activities**|||||||
|Cash generated from operations|**13**||12,578|||19,406|
|**Investing activities**|||||||
|Purchase oftangible fixed assets||(2,814)|||||
|Interest received||1,671||2,191|||
|**Net cash (used in)/generated from**|||||||
|**investing activities**|||(1,143)|||2,191|
|**Net increase in cash and cash equivalents**|||11,435|||21,597|
|Cash and cash equivalents at beginning ofyear|||184,238|||162,641|
|**Cash and cash equivalents at end of year**|||195,673|||184,238|





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||**Unrestricted**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|
||**funds**|**funds**|**2021**|**2020**|
||£|£|£|£|
|Donations and gifts|966||966|4,617|
|Grants receivable|234,300|10,643|244,943|70,741|
|Donated services and facilities - See below|249,364||249,364|220,000|
|Other|18,227||18,227|96,210|
||502,857|10,643|513,500|391,568|
|**For the year ended 31 March 2020**|396,568|(5,000)||391,568|





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||**`2021`**|**`2020`**|
|---|---|---|
||£|£|
|Rent and maintenance (1.3.19- 1.9.19)||53,161|
|Salaries and employmentcosts|249,365|166,839|
||249,365|220,000|



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|||**`2021`**|**`2020`**|
|---|---|---|---|
|||`£`|`£`|
|Interest|receivable|1,671|2,191|





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||**2021**|**2020**|
|---|---|---|
||£|£|
|Staff costs|249,364|166,839|
|Depreciation|563|13,112|
|Rent and maintenance|133,788|141,859|
|Insurance|6,631|7,442|
|Development costs including depreciation|51,345|49,454|
|Conservation of collections|909|2,071|
|Fundraising|3,983|15,836|
|IT and website|15,953|15,077|
|Accountancy|7,702|6,300|
|Bank charges|47|171|
|Other expenditure|24,411|20,338|
|Legal and professional fees|14,475||
||509,171|438,499|
|Share of governance costs (see note 6)|2,000|2,000|
||511,171|440,499|
|**Analysis by fund**|||
|Unrestricted funds|507,163|440,499|
|Restricted funds|4,008||
||511,171|440,499|





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|**7**|**Tangible fixed assets**||||
|---|---|---|---|---|
|||**Exhibition**|**Office**|**Total**|
|||**equipment**|**equipment**&||
||||**fittings**||
|||£|£|£|
||**Cost**||||
||At 1 April 2020|458,632|68,940|527,572|
||Additions||2,814|2,814|
||At 31 March 2021|458,632|71,754|530,386|
||**Depreciation**||||
||At 1 April 2020|240,737|68,940|309,677|
||Depreciation charged in the year|45,863|563|46,426|
||At 31 March 2021|286,600|69,503|356,103|
||**Carrying amount**||||
||At 31 March 2021|172,032|2,251|174,283|
||At 31 March 2020|217,895||217,895|
|**8**|**Debtors**||||
||||**`2021`**|**`2020`**|
||**Amounts falling due within one year:**||£|£|
||Other debtors||5|5|
||Prepayments and accrued income||45,140|8,613|
||||45,145|8,618|
|**9**|**Creditors: amounts falling due within one year**||||
||||**`2021`**|**`2020`**|
||||£|£|
||Accruals||5,095|4,745|





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|**10**|**Analysis of net assets between funds**|||||
|---|---|---|---|---|---|
|||**Unrestricted**|**Designated**|**Restricted**|**Total**|
|||**General **|**Development**|**Funds**||
|||**Fund**|**Fund**|||
|||£|£|£|£|
||Fund balances at 31 March 2021 are represented by:|||||
||Tangible fixed assets|2,251|172,032||174,283|
||Net currentassets|178,827|52,075|4,821|235,723|
|||181,078|224,107|4,821|410,006|
|||**Unrestricted**|**Designated**|**Restricted**|**Total**|
|||**General **|**Development**|**Funds**||
|||**Fund**|**Fund**|||
|||£|£|£|£|
||Fund balances at 31 March 2020 are represented by:|||||
||Tangible fixed assets||217,895||217,895|
||Netcurrentassets|136,036|52,075||188,111|
|||136,036|269,970|-|406,006|





|||**Movement in funds**|**Movement in funds**|**Movement in funds**||
|---|---|---|---|---|---|
||**Balance at 1**|**Income **|**Expenditure**|**Transfer of **|**Balance at 31**|
||**April 2020**|||**funds**|**March 2021**|
||£|£|£|£|£|
|Archives Testbed project||4,829|(8)||4,821|
|Re-opening grant||1,814||(1,814)||
|Exhibitions||4,000|(4,000)|||
|||10,643|(4,008)|(1,814)|4,821|



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|||||**Movement in funds**|**Movement in funds**|**Movement in funds**||||
|---|---|---|---|---|---|---|---|---|---|
|**Prior **|**year**|**Balance at 1**||**Income Expenditure**||**Transfer of **||**Balance at 31**||
|||**April 2019**||||**funds**||**March 2020**||
||||£|£|£||£||£|
|Clock|restoration||5,000|(5,000)||||||
||||5,000|(5,000)||||||





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|**Unrestricted funds**||||||
|---|---|---|---|---|---|
|||**Movement in funds**||||
||**Balance at 1**|**Income **|**Expenditure**|**Transfer of**|**Balance at 31**|
||**April 2020**|||**funds**|**March 2021**|
||£|£|£|£|£|
|Development Fund|269,970||(45,863)||224,107|
|General Fund|136,036|504,528|(461,300)|1,814|181,078|
||406,006|504,528|(507,163)|1,814|405,185|
|||**Movement in funds**||||
||**Balance at 1**|**Income **|**Expenditure**|**Transfer of**|**Balance at 31**|
||**April 2019**|||**funds**|**March 2020**|
||£|£|£|£|£|
|Development Fund|315,833||(45,863)||269,970|
|General Fund|131,913|398,759|(394,636)||136,036|
||447,746|398,759|(440,499)||406,006|



|**Cash generated from operations**|**2021**|**2020**|
|---|---|---|
||£|£|
|Surplus/(deficit) for the year|4,000|(46,740)|
|Adjustments for:|||
|Investment income recognised in statement of financial activities|(1,671)|(2,191)|
|Depreciation and impairment of tangible fixed assets|46,426|58,975|
|Movements in working capital:|||
|(lncrease)/decrease in debtors|(36,527)|9,867|
|lncrease/(decrease) in creditors|350|(505)|
|**Cash generated from operations**|12,578|19,406|





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