| Trustees | DrOAyonrinde |
|---|---|
| MsEBateman | |
| DrCCampbell | |
| MsMGuinness | |
| DrNHervey | |
| ProfRHoward | |
| MsCHudson | |
| MsJLockett | |
| MrGMunnOBE | |
| MsBRobertson | |
| MsJSmart | |
| Financeofficer | MsJSmart |
| Correspondent | MrCGale |
| Charitynumber | 1190303 |
| Companynumber | CE022442 |
| Registeredoffice | BethlemMuseumoftheMind |
| MonksOrchardRoad | |
| Beckenham | |
| Kent | |
| BR33BX | |
| Independentexaminer | KerryGallagheronbehalfof |
| RSMUKTaxandAccountingLimited | |
| DavidsonHouse | |
| ForburySquare | |
| Reading | |
| Berkshire | |
| RG13EU |
| Page | |
|---|---|
| Trustees'report | 1-3 |
| Independentexaminer'sreport | 4 |
| Statementoffinancialactivities | 5 |
| Balancesheet | 6 |
| Statementofcashflows | 7 |
| Notestothefinancialstatements | 8-17 |
Kerry Gallagher
10/12/24
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | 2024 | 2023 | ||
| Notes | £ | £ | £ | £ | |
| Incomefrom: | |||||
| Donationsandlegacies | 3 | 462,957 | 6,461 | 469,418 | 482,228 |
| Charitableactivities | 4 | 20,644 | 20,644 | ||
| Investments | 5 | 6,454 | 6,454 | 2,748 | |
| Totalincome | 490,055 | 6,461 | 496,516 | 484,976 | |
| Expenditureon: | |||||
| Charitableactivities | 6 | 540,437 | 3,693 | 544,130 | 508,261 |
| Totalexpenditure | 540,437 | 3,693 | 544,130 | 508,261 | |
| Net(outgoing)/incomingresourcesbefore | |||||
| transfers | (50,382) | 2,768 | (47,614) | (23,285) | |
| Grosstransfersbetweenfunds | (225) | 225 | - | ||
| Netmovementinfunds | (50,607) | 2,993 | (47,614) | (23,285) | |
| Fundbalancesat1April | 372,789 | 15,782 | 388,571 | 411,856 | |
| Fundbalancesat31March | 322,182 | 18,775 | 340,957 | 388,571 |
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixedassets | |||||
| Tangibleassets | 9 | 42,817 | 91,769 | ||
| Investments | 10 | 85,000 | 85,000 | ||
| 127,817 | 176,769 | ||||
| Currentassets | |||||
| Debtors | 11 | 73,359 | 46,517 | ||
| Investments | 12 | 85,000 | 85,000 | ||
| Cashatbankandinhand | 62,072 | 85,768 | |||
| 220,431 | 217,285 | ||||
| Creditors:amountsfallingduewithin | |||||
| oneyear | 13 | (7,291) | (5,483) | ||
| Netcurrentassets | 213,140 | 211,802 | |||
| Totalassetslesscurrentliabilities | 340,957 | 388,571 | |||
| Funds | |||||
| Restrictedfunds | 15 | 18,775 | 15,782 | ||
| Unrestrictedfunds | 16 | 322,182 | 372,789 | ||
| Totalfunds | 340,957 | 388,571 |
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Cashflowsfromoperatingactivities | |||||
| Cash(absorbedby)/generatedfrom | 17 | ||||
| operations | (30,150) | 17,251 | |||
| Investingactivities | |||||
| Purchaseoftangiblefixedassets | (2,009) | ||||
| Interestreceived | 6,454 | 2,748 | |||
| Netcashgeneratedfrominvesting | |||||
| activities | 6,454 | 739 | |||
| Net(decrease)/increaseincashandcash | |||||
| equivalents | (23,696) | 17,990 | |||
| Cashandcashequivalentsatbeginningofyear | 85,768 | 67,778 | |||
| Cashandcashequivalentsatendofyear | 62,072 | 85,768 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | 2024 | 2023 | |
£ |
£ |
£ |
£ |
|
| Donationsandgifts | 5,079 | 5,079 | 5,411 | |
| Grantsreceivable | 355,500 | 6,461 | 361,961 | 369,348 |
| Donatedservicesandfacilities-Seebelow | 75,126 | 75,126 | 68,171 | |
| Otherincome | 27,252 | 27,252 | 39,298 | |
| 462,957 | 6,461 | 469,418 | 482,228 | |
| Fortheyearended31March2023 | 468,380 | 13,848 | 482,228 |
| 2024- | 2023 |
|---|---|
£ |
£ |
| 75,126 | 68,171 |
| 4 | Charitableactivities | ||
|---|---|---|---|
| Unrestricted | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Royaltyincome | 20,644 | ||
| 5 | Investments | ||
| Unrestricted | |||
| 2024 | 2023 |
||
| £ | £ |
||
| Interestreceivable | 6,454 | 2,748 |
|
| 6 | Charitableactivities | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Staffcosts | 239,663 | 211,989 | |
| Depreciationandimpairment | 3,089 | 2,854 | |
| Rentandmaintenance | 154,494 | 138,515 | |
| Insurance | 6,728 | 5,531 | |
| Developmentcostsincludingdepreciation | 52,301 | 52,248 | |
| Conservationofcollections | 3,447 | 2,695 | |
| Publicity,eventsandexhibitions | 8,269 | 14,508 | |
| 467,991 | 428,340 | ||
| Shareofsupportcosts(seenote7) | 66,279 | 70,461 | |
| Shareofgovernancecosts(seenote7) | 9,860 | 9,460 | |
| 544,130 | 508,261 | ||
| Analysisbyfund | |||
| Unrestrictedfunds | 540,437 | 505,456 | |
| Restrictedfunds | 3,693 | 2,805 | |
| 544,130 | 508,261 |
| Supportcosts | ||||
|---|---|---|---|---|
| Support | Governance | 2024 | 2023 | |
| costs | costs |
|||
| £ | £ |
£ | £ | |
| Staffcosts | 26,229 | - |
26,229 | 24,541 |
| ITandwebsitecosts | 12,637 | 12,637 | 11,618 | |
| Bankcharges | 55 | 55 | 279 | |
| Otherexpenditure | 27,358 | - |
27,358 | 34,023 |
| Accountancyandotherprofessional | ||||
| fees | 9,860 | 9,860 | 9,460 | |
| 66,279 | 9,860 |
76,139 | 79,921 |
yearwas: |
||
|---|---|---|
| 2024 | 2023 | |
| Number | Number | |
| Museumdirector | 1 | 1 |
| Museumstaff | 6 | 7 |
| 7 | 8 | |
| Employmentcosts | 2024 | 2023 |
| £ | £ | |
| Salariesandemploymentcosts | 265,892 | 236,530 |
| 9 | Tangiblefixedassets | |||
|---|---|---|---|---|
| Exhibition | Office | Total | ||
| equipment | equipment& | |||
| fittings | ||||
£ |
£ |
£ |
||
| Cost | ||||
| At1April2023 | 458,632 | 84,383 | 543,015 | |
| At31March2024 | 458,632 | 84,383 | 543,015 | |
| Depreciationandimpairment | ||||
| At1April2023 | 378,326 | 72,920 | 451,246 | |
| Depreciationchargedintheyear | 45,863 | 3,089 | 48,952 | |
| At31March2024 | 424,189 | 76,009 | 500,198 | |
| Carryingamount | ||||
| At31March2024 | 34,443 | 8,374 | 42,817 | |
| At31March2023 | 80,306 | 11,463 | 91,769 | |
| 10 | Fixedassetinvestments | |||
| Other | ||||
| investments | ||||
| Costorvaluation | ||||
| At1April2023 | 85,000 | |||
| Carryingamount | ||||
| At31March2024 | 85,000 | |||
| At31March2023 | 85,000 | |||
| 11 | Debtors | |||
| 2024 | 2023 | |||
| Amounts_falling_duewithinone-year-:- | ||||
| Prepaymentsandaccruedincome | 73,359 | 46,517 | ||
| 12 | Currentassetinvestments | |||
| 2024 | 2023 | |||
| £ | £ | |||
| Otherinvestments | 85,000 | 85,000 |
| 2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Accrualsanddeferredincome | 7,291 | 5,483 | ||
| Deferredincome | ||||
| 2024 | 2023 | |||
| £ | £ | |||
| Balanceat1April | 225 | |||
| Amountsdeferredintheyear | 1,396 | |||
| Amountsutilisedintheyear | - | (225) | ||
| Balanceat31March | 1,396 | |||
| Deferredincomerelatestoincomereceivedforroomhireforfutureperiods. | ||||
| Analysisofnetassetsbetweenfunds | ||||
| Unrestricted | Designated |
Restricted | Total | |
| GeneralFund | Development | Funds | ||
| Fund | ||||
| £ | £ |
£ | £ | |
| Fundbalancesat31March2024arerepresentedby: | ||||
| Fixedassets | 93,374 | 34,443 |
- | 127,817 |
| Netcurrentassets | 142,290 | 52,075 |
18,775 | 213,140 |
| 235,664 | 86,518 |
18,775 | 340,957 | |
| Unrestricted | Designated |
Restricted | Total | |
| GeneralFund | Development | Funds | ||
| Fund | ||||
| £ | £ |
£ | £ | |
| Fundbalancesat31March2023arerepresentedby: | ||||
| Fixedassets | 96,463 | 80,306 |
- | 176,769 |
| Netcurrentassets | 143,945 | 52,075 |
15,782 | 211,802 |
| 240,408 | 132,381 |
15,782 | 388,571 |
| Movementinfunds | Movementinfunds | Movementinfunds | |||
|---|---|---|---|---|---|
| Balanceat1 | Income | Expenditure | Transferof | Balanceat31 | |
| April2023 | funds | March2024 | |||
£ |
£ |
£ |
£ |
£ |
|
| ArchivesTestbedproject | 8,852 | 4,461 | (726) |
12,587 | |
| WestonLoanprogrammewithArt | |||||
| Fund | 6,930 | - | (742) |
6,188 | |
| DiversityMattersproject | 2,000 | (2,225) |
225 | ||
| 15,782 | 6,461 | (3,693) |
225 | 18,775 | |
| Movementinfunds | |||||
| Prioryear | Balanceat1 | Income | Expenditure | Transferof | Balanceat31 |
| April2022 | funds | March2023 | |||
£ |
£ |
£ |
£ |
£ |
|
| ArchivesTestbedproject | 4,739 | 5,075 | (962) |
8,852 | |
| WestonLoanprogrammewithArt | |||||
| Fund | 6,930 | - | 6,930 |
||
| BenjiReidphotographyfund | 1,843 | (1,843) |
|||
| 4,739 | 13,848 | (2,805) |
15,782 |
| Movementinfunds | Movementinfunds | ||||
|---|---|---|---|---|---|
| Balanceat1 | Income | Expenditure | Transferof | Balanceat31 | |
| April2023 | funds | March2024 | |||
£ |
£ |
£ |
£ |
£ |
|
| DevelopmentFund | 132,381 | (45,863) | 86,518 | ||
| GeneralFund | 240,408 | 490,055 | (494,574) | (225) | 235,664 |
| 372,789 | 490,055 | (540,437) | (225) | 322,182 |
|
| Movementinfunds | |||||
| Balanceat1 | Income | Expenditure | Transferof | Balanceat31 | |
| April2022 | funds | March2023 | |||
£ |
£ |
£ |
£ |
£ |
|
| DevelopmentFund | 178,244 | (45,863) | 132,381 | ||
| GeneralFund | 228,873 | 471,128 | (459,593) | 240,408 | |
| 407,117 | 471,128 | (505,456) | 372,789 |
| Cashgeneratedfromoperations | 2024 | 2023 |
| £ | £ | |
| Deficitfortheyear | (47,614) | (23,285) |
| Adjustmentsfor: | ||
| Investmentincomerecognisedinstatementoffinancialactivities | (6,454) | (2,748) |
| Depreciationand impairmentoftangiblefixedassets_ | 48,952_ | 48,717 |
| Movementsinworkingcapital: | ||
| Increaseindebtors | (26,842) | (5,159) |
| Increase/(decrease)increditors | 1,808 | (274) |
| Cash(absorbedby)/generatedfromoperations | (30,150) | 17,251 |