CHARITY REGISTRAnoN NUMBE.R.. 11110620 c,HARI) /LI,s LLI , Chard & District Museum Unaudited Financial Statements For the year ended 31 December 2022 Wesicotts sw Chartered Accoijntanls Timbprly fyouth Slrepl AxminslE>r Devon L-riglai?d EX13 5AII LLP
Chard & Dislricl Museum L".Il.-KJ< /) Financial Slateinents Yeai elided 31 Deceinbef 2022 Page li 11 Iv.i)v.Iideiil c.xaiiiiiiei's re[t lo the Iruslees
Chard & District Museum Trustees, Annual Report Year ended 31 December 2022 Thp Iruslpps pweseril Ihpii rewrl and t1 isriailIed linaiir'ial RlalE¥llPiit5 01 Ilie cliarily loi Ilip vo8r •.i)df.Jd .31 DfY.p.mher ?02.2 Refprence and admintslralive dÈlail$ Reglstered charily narne .haid & DiqlriLI MIJsPIITII Charily re.gi$lralion number I I w)620 Princ5pal offlce (icKJwowthy hfNJsp Iliqli Slieet IQB Conlacl del8lls TBlev)np. 014frfl b.q)91 Eniciil.. IiilfMbL-IiaidiiiiigeÈiiri.i-.().11 Tho ITUStee5 M¥ ViTh'.pnl l_p.an IC.haiTI Mr% l_IMi¥i. I'yiii Mrq %ara Dnwpll Mr I iikp Talmaup MTR I • 141 IW.Iid Hall In[¥N)Ililf l Ni)VPFiII)p.l *. In[iiTriiii)Ip(I I NIivnTnlini 202.: Independent exarninef I linmas Sliicthpy Fi.CA Weslc.rAIs I 'WI LLP l imliprlv Axminqlpr t)p.vi)ri FXIJ 5Ar) StrucluTB. governance and manaqempnl Thp charily is i I"liardable Inr.ortNHal£xl ()wgaiiLsalKMI IC.IOI. lirsl ¥p.uiqlpipd witli 117e, C.11.2111v Lom115s1O1l 011 Ilie 29 .Iiily 2020 C)n tlip IQ NrTrvpinhp,r 0Trl [?11 IiiiKI.- lii}iii Ilip. Iiiijiic-()Ipfii alpd I'lTr¢?iilv 'Cliard ai?d Disliicl Mi Ispiir)) %(Y.iely' Ir.IIArily iiiiii)Iw 2 1 n i ..0pIelbO11 the I"oiwerqion of the cliaiily tci ilk iipw loual fiiriii Organisati(ll1 SIrlUre.. fruslee indolvI Ir.7MJiria Tlig boarcl ul Irijslpes. whirh TllPP.l al lea81 (111'.4rlerly. is ie.yH11141L4v Itbi Ilie. I li,Iiily I Iiiqlpg8 iiP 1PPtintp.d in ai-.L()r(laiir.g wilh Ihp. c:harily s fj(?vpriiiiio ijnr.-Iii7ieiil4 Now liti4tppq 8rp ?i)Ilf11711pd. wlipri np.cp.ssary. In OTder InT Ilip M3rd lo liave Ihe bir)ad ranup of ki¥()wlwl(Jp .iii(I qkill% tip(.p%<aiy li? 1diiiiiiiqler the r.hanly eflpclively New 1njsle.ps ar IvKlefl 117 kvy (kx'.Iiirenl<. Ir.Iir)ii)u And Indtic.liiiii liy pxiqliiw Iri i¢tp.pg
Chard & District Museum
Truslees. Annual Report
Year elided 31 December 2022
Objei.'Iives and aLllVltie
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Chard & Districl Museum Trustees. Annual Report Year ended 31 December 2022 l/i-.%i,I The Muspum . brlnlng lo Ille Ihp. story of Chaid r.haro MiiseLim exist8 to hell) today.., c.OmTTiiinity iJnr.r)vpY ye.qlprdilV'£ herilaue. hi8lory .1n(I hiddtsTI %loiies. qinall Inr.Ir I miiseiini basp(I In c.hard f i)1iior8pl It npp.npd i 1970 .Ind c.olpiwatod ilg 5fMIi Anniversary in 21121) 11 houEed In a roiivprtp¥.1 16111 Ihatr.hp.fl ('()tlage8 L.?tei' il iiii.'()ry)orate.cl tlie hLiildiHo Iigxl (loor wliicli had beeii the New Iiiii piiblif. hf)115e Thp Skillle Alley l¥om Ihe New Inn show5 ali pxlensive display ol lools used by craltsmen in eadier limes. The basis ol the collpclion dales Irorii arouimj 1880 whp.11 Arlliiii Hiill. i)TlP. Iif tlip f'l)tird Fivp p.f)Ilv.r.ti¥l 'rLJriosilie8 . He left Ihe5p. lo the lown and in 1917 Ilipy wprp. Ir.Inglp.Irp.d tv flip. Miispiiiii lil 5oinp.rqpt in Taunton. They relvriie(J lo Ilie ilew iniiFeum 111 1910 Ixhibils in Ihe miiseurTr tell Ihe slory of the lown 2nd Ihg. loral .?rpa iii(:liiiliiiu uptilfTruy. Ilip liip (!1 i r-. the Mr)nninulh Rpbellioft. lor31 lace. the Lace Riots and Ihg 118p .Iiicl Irill iri(Iii¥li ial (",liiilfl ()iJl-.Iflp Iherp ig a blaeJ%smilh's lorge and distAay ol laTm machinwy. Mi Lli ol wliii-.li IilRdp. by If)f'al IinTI r)p.iiiii{ ol Chard. Thpi e are sionili(,'anl diqplavs ciii n(IlablF? rw)i)IF WFII? c'()nnprti(InE lo th(! luwn. I'liis Iiir. 4?Iriiiglgllow. whil with anollipr I.a1 nian Will%?111 . iall7llP.I I Ipn%nTi aclip.VE¥t Ilip li151 powp.rf¥l Ilighl. iii 111411. iii a disuged lace taclory. wlh a 10 Inol l.ryml. 8lpam-drrvp.Fi flyinq i))ac.hiiip.. .lanieg Ciillinoham i)innp.p.rpd Ihp rlp.vp.Inpmp.iit nf 2rtrr.IIL?le.d ?rtilic.ial limhg Allpr wi)rkino As sh(.Aer li) the tnwn and w.p.Ino a rnaii whn liHrl hiE arm p() Iiadly qhallpTprl In .111 .1r.rirlg.rital p¥plo.qioii r)1 a r-aniii)ii Ihal il hHcl ITr he <1111pirfalf¥J In IhD %h¢)Iikler t{)ckts.I In hi4 Hiid liiq fatnilys lilelinie Ilipy hpli)pfl .3n.(YIO [Eoplp Fhe mLlgPUl iiicIIKlos a [pe911tH11I)n ()1 hi5 ff)nsi Illiiiu rnoin. incliiding examples ol liiq arlil.ial limbs. OIFTP.r iiolal)les iiic,liidp. Maru.-Jie.1 8()rirtlio.kJ wliii wa£ ali Fnqliqh l try)r iNililir.i.iii and fominiqt. thv. lir81 wotrian ca'11e1 lI11s1r In 11?e. Ilriile.d Ki17nrl(i[11 ,IiYF 4 riiemho.r i)f Ihe (vwigieu.III)I Cliiii(,Ii. .lami£ Gilli)ril was a lalpiiled amalpiir ¥iprili%l willi ,1 gtlF¥-.I?f I 1171prp.ql In X-rily£ toiKI Ip.Ip8c.npe. i)i)liro priiduced oiie ol Ihe lirsl X ray pliolTrjr.it*)8 nl I C.ntwr?l .qamEipI Vir.kp.ry who w?r S .?wAiilpd IIF. VC in 1891 lor his arlion4 diiriiw the allf?r. Ilp.Iqhls. Tirah. ITKiia duriiiu the Tirah Campaign.
Chard & Districi Museum
Trustees. Annual Report
Yeai ended 31 December 2022
Chaid iiiuseuwn exliibiis
Cldei Rooin
%uiiittrset Is well ktilJWiI It)[ Ils (.'
I Iietllage 4tid tariijs wuijlil liake gieal ytid¥ 111 Ihe
4diJiilL' lJll'.Ii
Sklllle Alley ThAÉ!anwhile parl ¢71 11)p i?Id lW Inn hiiikliiw i< Ilip %kitll{s AllÉ'Ni wlii(-.l) (li<plflyS .7 li)11?iilf lor(Je with ¢.ollprlii)ns ul IcH)Is Iispil Iri Ilip liadilM)iial work (Il wliep.tWFiulils. bla¢ k8lT?illi< iii(I fpiil iipiileis. Multl Medla Room Tho m( Jt¢i-s?iprli.I rrKiin gxhThil8 hislntlP< f)1 I..1 biigjTIps8¢!.4 8iid (IlU111iSfili()ii# aiid ql)Irp oral higtnripq ol li1)IP wlin liayp liv aiid irilliiprii-.r¥l l(Y.'al life. S11)iipE nf I,'Iiui)I ()rg¢?niqations giir,h a£ Niinialic. and l)PllFlWQ of (;hard are coiiihined wilh £millpi bi 15111P49 $11('.h -,18 Davp Hill PILiinbino. Iiidivi(IiJal %lorie5 Incliirlp. <Jjslp. IAI.'ILons. wlitb Wa% al 1É.5slp(I will? Edilli Cavp.11 Iii WW l. c?ITd klarr)Id Fl()gpri WPK) lived ii? Ilip Miiqeiiiii was ciJllage% The l¥uslees' annijr1119.porl wa8 apI?rovs¥l i)n Iruslee4 by.. .31 / /io"23.IKI Ic ionpd on lTrliall ()1 tlii, lF.?Ifl Ill MT virir.enl Lean IGhairl I rlislep
Chard & Districl Museum Independenl Exaniiner's Reporl to the Truslees of Chard & District Museum Year endèd 31 December 2022 .1/{ ".% i.,I' Iiiancidl staleffleiiis ol Chatd & District hduseum I'lhe iaiiiy'i lui Ihe yLiai iide4J -11 1)ece¥iil)é1 2V" Responslbililies and biSi$ of report A- IIIL IILJsréey L)1 1114." i.'IIGIIIIy yoit .41È' lFx)liSIbIe l(H t1 prepai allOI) or the linafjcial st¢ileiiieiits in ()1 I1¥ -)111 I ALI (IIMA iji kn_1 iyiiJ ijiil tiiy MlI111d[1(jI) I Iidve tolltjwed £$11 Ilie (af)yIILabl¥ liir8iliollb giveii l)y Ili¢ (-Iidiily Loliiii)ISltrll Ule4 Lliut) 14515iitJl ol Uie ALI Indepewident examinei's slatenient i-iiriiitfvl'.liiJlb Wllli Ility eX4iiiiiiialiiiii (Jivi1j ne iaijse lo tlieVe Ili(1l iii aiiy Illliierial ie.spe(:i- 11.i.'l)IiiilllliJ reL(LIs b¥eJe Ei4)I k¥PI 111 I-SpeLl Ibl Iliv. c,IiaKliy as iAiiiii>J by beLlI()n 130 01 the IIIE iiii41SK'l£il %l£iieiiieiils th) n()i aLLnid willi Il)obe ieLN)riJs. 01 Illdiiei Ll)iibi(léitt(I pail ol dii Ir1dep1il exaii)Illiilk)n. Nvliiili alleiilii)n sliuiild l)e ditiwlh 11) Iliis ieFx)Il 111 &[ lo eiidble £i PIOPV¥ UIKJtXSlÉiiidiiig ol ilie ai'i-l)11111s ILI teai'lithj 11 IillllA% '.Ilui".key F("(".A We%lLuIIS I,. JWI I_LP L)bVI?I I X l.'l &)Ai)
Chard & District Museum Stalement of Financlal Actlvilies Year ended 31 December 2022 2022 Ir.#1¥1.A IiiiiilE Tolal fEind I Inrpqlrirlpd fiJnd% Nole Income and endowments rJiinalinDE and leu¢l(.ies Gliaritablp ,Ic.livilie8 Invp.slmpnl incnme 011.r iric()e 4(1 t14¢_' 714 ilill Total Incomp .17.(Hl() Expendilure ExpendiliiTe on Taisirlq lurtd Co%lo ol olhpr ITadiiiq activities Expendiliirp on c.haiTrlable activities Qllipr e.xppndili Irp Total expendtlure 9.10 7Tel i I 18.118 Net Income and net movpment In ftjnds 18. Reconclliation of lunds Total liind5 brouglit lorwaid Tolal lunds carried lorwar(I .182 111.13 9(1.4?11 10.5..-314 1.75.'I7(1 Tlip slalemenl ol financial aclivilie8 ilir.litt all uaiiit arKI Ios<p.q I All InLome and e¥ppiidiliire derive Ironi LQ)riliriiiiiw arlmlips. '.O(]iilqtvI in Ih¢y yp.yl The noles on payes 9 10 17 part ol IhpsÈTr. fIneTl5t81eMP.ntS.
Chard & Districl Museum Slatement of Financial Posillon J1 December 2022 2022 ?U21 Noiè Pixed assel 14 4b4 Curienl ds¥els 15 895 958 114.716. 84,814 116,674 Cieditois= allnIS talliiig due Wiihiii oi)e yeai 16 l U80 Nei cu¥ieiit cissttls 83.734 176,674 l Oial atssei> less cuireni liabilitie¥ 135.')70 117,1J8 Nel astiet 135 970 Fui)ds ot Ilie charity 87,182 TLiial charity funds 18 -II)IL"nipiils wèie appmuvvtj l)y Ilie liiJ%lp.es auil)tstis&d toi Issue ()n lo &L. Ihe notes on PdgÈS 9 to 17 foym part ol IhesÈ linCial stsiefflBnts.
Chard & District Museum Noles to the Financial Statements Year ended 31 December 2022 General Information The rhc?fTIy IE g public bp.iTrelil pnlily and 1 reqi¢ipFpd r.h.?rily ii? Eii(TL?iid aiiil Wilttt .Iiirl it Iininroipi)faled. Thp. a(klipqq lil Ilip i!riii¢.Ii_4p nlfi4-.p 1¢ {i(wlwc)riliv Hiiiiop. HILIli SoFnprsel. T 1QB. Stalement of coTnpli8nce Th#%p Iiiiaiicial stalpivieiilq l)avp t.e[l P1PPrli In (xyriipliaiii'p wtlli In? Repurliiig Slaiidairj 1p1[CA1P iri Ilie Ul< iri(6 Ilip I4p.i_xil)IK. (Il Iis>l[IixI'. III¢; Flpc.oiTriDendpd Piac'.Iir=p. flpiilicat4e lo rharilipE prevai iiio Ilieii ¢lt,'i-niiiil% ITI A(:(-[Ir(laii(.p willi Ilip. Finaiicial Rptx)rIit 4laii(laTd ArwlK-.abl? IFi Ilip IIK arKI IlpDublit-. ¢)1 Irp.l-iiwl 1114.5 I11'l Il=IIArilip% OOFIP IF IIS 10211 aiKJ Ihe Gliarilies Acl 21111_ Accounling policip.$ Basis of preparation The fifjanc.ial 51atprnpnt8 liavp l)er.n PfrwaTwI nii Ihp. hi%tpric.Hl rnl IKI8i AS mnrlilipd hy Ihe rev?liialiflll nl cp.rYaiii linati('ial A<el¢ liabililip4 3TKJ inve4lriipiil prr4)p.rtip8 mp.agi Ir1 at lair Thp linan(-.ial stateinp.nls are twe.paTF¥J ITI sleiliiio_ whir-.li IF Ilw fiErir'.lioriAI (-.1 Irip.nr-.y nl Ilie #iililv Golng concern Thprp are FK> alerial Iin¢ertainli98 atrKKI c.hArilv'q a111Y ID r.(bnliniJp.. Judgements and ke.y sourres of eslimation uncerlainty The prepar.?li(?n nl Ihp linarLial ¥¢Nre8 maiiaupiiiii', lo ni,Ikg jiiilupnipiils. eslimatp% aixl 388itrmi)IKins 11131 alfpct Ihp aiTK)iinlg ieLNJilpd Tlipse polim11e.g .Iiid Iiiduf>inDiils are i".onliniJally leVwI¥l aiiil -Iin I)x81 ori expe.¥iprii-p aiTrl ¢)Iliei laf'.ti)I4. ii)I'.liiflin(I i)Kllt¥'.l.?ti()IiR nl Iiilfirp pvp.nlq Ihal are l)elipvgd li? hp i.i<(IiiatAp IiiKlpi Ilip i-.llf IirT)qlarii'p4 A('.I'fiiiiTrlii p81imatp% and aEsiimtplirJn4 are niadp ('A)IN',erniw Ihg fiilijie aiNI. l)v Ihpii w¥ll iaip.ly p(IiiHI the rplalpd ar,Iiir?5 1)irtr.0 Fund accountinq 1lnr0slr.te(l ILIT& are availal)le lor lisp. 11 r.hxrily's piiwoses ruqleer lo fijiihpi ill 111 Designryr tpcl IiirFds .Irp. IlnrpglI$I Iiind¢ K%?miHTked by thp. Iriiglpe.g 101 i)arbi'.Iil.Ir Iiitiirp yii)jp(-.I f)T comrnilmp.iit. Reslricled fitrKIs are lI1eLled ¢stTLIiv Ihroiiuli the lerins Hii apal. anrl 1211 Inln i) endowme.nt lunds n exi.vidFIiJFe di)claif41 by Iliv diiii¢)I t)r
Chard & Districl Museum Noles to the Financial Statemenls (GwittsiuoJ Year t)nded 31 Decefflber 2022 Acc¢)untiiig F>olicies ILOITri¢J Incon)Ing r&sl[L&S All IiiL.'i)tiiillq I&SvuiL&S aje ItK.ILJdèd Ilk Ilie Si&ileihieiil (jt IiiJaiM:ial aLliviii&4 wl)&i i eiitilleniesil trias li> IIILJ I'li-tiily.. 11 I IMI)b-d)Iv Ih£lt Ihe et.'IXliJiiiiL-. i)eneliis asbi)iiaied Wllli Ilie Ifdl)saLIItiII .4fLi dpiilied tu l)dlllLiilai i.'aleiJ4)11Ès Cbt iÈi('.INne' Illi-.i)Iiie Ii¥)111 d(hll¢iliiJiis (Ir J( i&ili Is rei.'¢xJiiised wlieii ili¥re Is eVIde i)1 enLrtiai)enl to ihe -.)le dii(111s (yiMMJiII i."dn l)e mv.asiJr(l reliaNy lthJdLy IIM.'l)Iiie ith-.uuiiised wl)eli IdLtsIHi ts l)JLttJdt aiml will11wn1l Is esiablished. or 11)e ebiiiiialed iesal& value. IN)Ildied l<lLililigs dnd seivi(.'e¥ aré3 rw.-Iigriised In Ilie cILLiIUlilb wl Irll {tsLeitI it Ilie vJue I be ielldl)Iy I1{uled No dl)IUUI)IS alè Iijulud¥d loi
tll...ts 1£ recoJ( nisert witli the delivery ol ihe Ihi is i-la¥%ilitMI As iiriilii(.'Itxl tLtINls iiideis tlieie Is it i.'oiiiraciiial RetiuufLS eXPèI)dtxI Xl)tiiidiiiri-. 11:i IMJlllb&l illl Iifi ai.l.ILI(IIs ds a lial11Y Is Ilii.'Liirei1 1-Kpei IdiiLiie Iii(.-lua¢s any J Is i..Idssili&l uiM1er l*ddiiicJs ()r Ilie s1¢slèii.l7l ol &xi)e.11(liiiJie i)11 iaisiiMJ IIJ¥Mlb iiM.'lu(A&% Ilie (thlb all IuiKlJaisiiuJ ailiviiieb, eveiiis, 11)I i i.'lithiltilAe Iicl(IIiKJ diiiviiiets. aiid Ifitr ol (k)IialbO XIS .XkEtI(IIiiiiE> LliÉtrii41)le aLltvii iiity1iHl5 all Loslts iiicuiieLI tsy d clidllly Iii UlKleilakiiiy .ii.Ii'illlL"o Ilicil Iiiillid Its i-lidrildble 111& loi ilie btrnelii ol lis bgfielLidiies Ir)cluilii Ig IhL)ts¢ .IIILJ Loilb rel&iiiiig 10 itrie yoveriidlKtt ijl Ihe clia¢ily <irtij1e(J lil tyllciiiialil¢ lj111 bAI)el111e Ii#.'luileb dll exptsiidiiiiie. Iliiil Is I1{lie1 ielate(A lo raisirig lunds loi the i.-l)ai Ily Ik)r i)arl ul ila ex1w1jar oi) i-.liaiiiahle ill'.Iivilies All Ltysls ale [illaled lo eXp¥tle calegoiies ietle¢iiiNJ ltr usg ol the ies(JiJrce DiieLI COSIS dlll il)LiiaiJl¢ 10 a blllLJI¥ .-ILIIviiy dre JIoLated direi=Ily 10 Iliai aiiivily Slidled Losls ai¢ (IPVOrtioried IJLlbtrt".Lii Ili¢ dLllVllieb It1Y Loiill SIM10 lo 01$ d Ia1ab1e,1(1tIlidknle diid Lui3sisleiii basls. 10
Chard & District Museum Noles to the FinancSal Slatemenls iconthw•ti Year ended 31 December 2022 Aceouniing policieg IcofflknI1 Tangible assets Tangible assets are initially record6xl al I'.i)sl. and siibseqLie.irfly sltiled Al co.gl 1p.ss .Iny acciiinL)lal depreciation and Impairmenl Inssps Ary lan(Jil)le cissels carried al rpv?Iiiprl amoiinls 11re repA)r(k al the fair valiie al Ihp dclte ol rp.valiialion les5 any sub5eqiJenl accumulated deweciatioii lbSeqjenI accurnulal iinpaitinpnl l(Js89.8. An in(-rease In the carTvinu am(Hinl ol an .Issel as ? rpqiill ol a fPVilii(?Iinii. ig Ipc.ooiiispd iii i)Ihpr recoanised qain8 and losses. Linlpss il reverqeg a I'.harup. loi impalrrnel thHI liao DTevioiJqly te.n rpcnariiqed a expp.ndrture wrthin Ihe statement ol linariciAI af-.livilip% A decrea4e in Ilie cariyimo amouiit ol ai) asset a¢ a result ol Te.valiialion. IE recoqi)iSl In ollip.r TprrNI)IFExl fjains ciiid l()55P4. except lo whicli il Trllse.Is any pipv10115 revaluation oain. in which casp Iliv lo%¢ is %howii williin other ¥ecognised gainq IDs8es on the latewnenl t)f liDarla1 aclTviIIps Impalrment ol flxed assels A TPVIPW tor indiralors 01 ipaIr1eT i< carryl oijl al g.i¢h rp[)orlifto dale. willi Ihp reci)verable amoiint beino eglimated where 511ch irlCat0rs exi81. Whprp Ihp r.arryiiiq valiip gycepd< Ilip recoverable amount. Il asset 15 Impairecl accordingly. Prior Impairmeii15 are also revsewpd lor possihle revprs¢l1 al pAr.h Tepriwling dale. For the PUTtK)ses of impwrmenl leslinfj. when it Is nol p05qihlp to p.Btimalp. thp. rp.c.nvp.rable atllOLtnl ol an i11VidUal 18s91. an e51¢rnalp 15 rnade ol the rpr.nvpiablp. amniiiit thp cash~qenerating Linil lo which tlie 3s8v.I I.k)ng% The. r.ash qeiie.ralinq uiiil 18 Ilie. smAllp81 ideiitiliable (Jroiip ol assets Ihal iric11e4 Ilip. asspl arid oo.lieiAIp4 Lcigli iiilliiwE Ihii laiop.ly independent ol the cash inlloNv5 Irom oiher assets groiips ol assels For impairment Ip.qlinu ol g0(thill. the fj(Kithll acqui¥ed in a biisirTrp8g L()mbinalion 1%. from Ihe acqiii%ilK)n dalp.. allw.aled 10 pach nf Ibe ¢.18h-qeng.rAliiw iinit8 that ?Ip e¥peclpd lo benefit from rhe 8yncroies ol the c.otnbinalion. irreqpeclive whplhp.¥ r>lhp.i a%8pt% ni liaFw'lilTes ol Ilie rhaTiIy are aSnd lo Ihose. units. Stocks stoc.ks are mea%iired al the If)wer of ci)st arKI e%timalExJ 8p.Ilino price rnsls to romple.te ali sell. Cost incliides all costs ol PUTchase. ci)sls ol cnnversi()n and othpr cxjqls inr.iirred In hringiiiq the. sl(K.k to its yrpspnl lor150 and condtlion Governrnent granls CJr)vprriinp.nl grantE ale recf)qi?isprl il Ihp latr valiip i)f ,i.qgpl r..1V•.d (11 rM(:eivrihlp fiianl% ,ryrp. not recoqnispd ijntil IhEi.re is reasnnahlp a8siirHiicp. Ihal the rharily will r.(MnT)ly with tlie conditions allaching lo them aTKJ the gTanls will be recpived.
Chard & District Museum
Notes to the Financial Slatemenls {W•Trxw<¥l)
Year ended 31 December 2022
. l/[ ',% i-,.L ,
Accounting policies Iconimtdi
Government graiils
Wheie the 911LllI does not IFntK)se sIlled lutLiie rtOrIace ieLated condr(ions oli the
rei.'Ipieiil, li Is reco(Jiiised in i10[e wlien Ihe gfanl pr(eedS are receiv&J or receivabse. Where
thL gi4ini di)eb iIIIP()Sf! SFKlilth Iistuip. peiloTiiiance"Iplaied corKtliioiis ori the recipienl. It is
ILLUyIIISLJd In IllLoiiie oiily when the per1oifftaiice.relaled condilions have beeri mel. Where
ljl illlls ieLLived ai e i)1 ior tu sillibly14 the Jevenue iecuyiiition Lylteiia. they are 4ecognised as a
Financlal in$iwment$
A Iii)aiicial dssel Ul <1 Iiiiaixxiil Iidt)ilily Is reiog1iIsea only when the cliarily becofftes a party lo th
ljablc IiiianLiÈil Iiisliumenls are Iiiiiially cecooiitstsd ai Ili& anuxJi)I [e&Vable or payable Includiiig
aity relaied iiaiiS<1(=IlOJI I.'t)SIS
currknJl)1 .2Sbels dnd iiirrenl Iiabililies are subsequeiilly 6iieasLJred al Ihe cash or olhey
i0f1s&,1a[1ul1 expLJLied io Pdid 01 ieLeived dlKJ iwt d6c0111.
ljebl Iiislruii)eiili are tsiil)tst4iii¢iilly lilea[ed ai amortvied cosi
Wlittre li Ive¥liii¥iilS 111 sliaies L4Et piILIiLly Ied vl Il*ii Idir value Laii olheEwitse be Iiie
Chard & District Museum Notes to Ihe Financial Statements iconllnvedj Year ended 31 December 2022 Oonalions and legacies Unle%1Tp Toial Fundy lJi)rp.sfri('.led lotal Fi Indfj Fiir)d 2022 Fiind 2021 Donalions Casual donf?lioiis Olliey donalions .9.22A 2.156 Leqarles Granls Grants reroivable Governmenl grant incnme 7.500 40.821 40.821 Other donations and legacies Membership GifP aTd on admission5 1.1?4 1,.3f8 1..'318 1.011 4fTr.84r) 46.84r) Charilable actiylties UnTP51T1cl Total Ftsnds LlnTp%lricipd TolAI F"Iiiidg 2022 Pijnd Admissions Shop sales Talk5 and researcli 627 326 fi2"7 ',126 Invèslmtrnt income UiirestTlC.led Total Funds Unrp8liii'.led Total Fijiicls FiirK15 2022 Bank interest receivable 714 714 890 [190 Other income unrestrict Tolal Funds Iliiip%lricled Tolal Fi Ind* FurKIs 2022 Funds 2Q21 BLisine5s rales rebate 4_322 13
Chard & District Museum
Notes to the Financial Slatemenls Ic4MTrtuw¢d?
Year ended 31 DeGember 2022
Cosls ol other trading oclivilies
Uniesiiicied Tolal Fui)ds Unrestiicted 1.olal Fuiiijb
Fuiids
2022
Funds
20?1
(-.0ts1s ul ulher ITddiww £tIvItIeS Shijp
332
Expenditure on charitable aciiviiies by tund iype
Uniesiribte(J Total Ftsnd5 ljiiieslricled Toial Fuiids
Fuiids
20
Fijfids
2021
Hiiiinin9 (51 MiisLiiiin dt)(J l)uihling
Aoliviiies diid exliil)ItlOn LIJYIS
11.3',37
4.098
.1,2153
13013
18,Éi49
2,578
13,013
1 b.ti49
2,57t3
3,283
18.71ti
18.718
34 240
34,940
10. Expenditure on charitable activities by actl¥ily type
Aciivilies
IKkirlrJkeii
dirèLlly Supwrt c(Trsls
Total fvnds
2022
Tolal Ilind
2021
Runiiiiw ot Museuin arid buiklirKJ
ALtivilies and ehliihiliori costs
IIL)vèiiianie LOSIS
11.337
4.(K)8
11,3:17
4.098
3283
13.013
18,649
15,435
3.983
18,718
11. Other exp¢ndilure
UnfebliiLled Total Funds Uiirestrictéxl Toial FurKJs
Fluids
20¥2
Funds
2021
(Jcish Ioi Ll)aiiiiLIS
P
Chard & District Museum Noles to the Financial Slatemenls ¢ronliThJwll Year ended 31 December 2022 13. Trustee remuneration and expenses No remtineration or expenses were paid or payalAe lor Ilip yp.ar 70 Irustee or to aiiy pp.IEon E)¥ per$0115 r.oiineGlpd with Iliein. 14. Tangible fixed assets Freehold prope.rly Cosl Al 1 January 20.22 Addilioii£ 464 Al 31 December 2022 Depreci311on At 1 January 2022 and 31 December 2022 Carrying amount Al 31 DecembeT ?022 51 r)36 Ai 31 D8cember 2021 4r)4 15. Stocks 2022 Raw malprials car6umahlp.s 16. Credltors: amounts fllTrg due wllhln one year 2022 2021 Acrriials and clelprTI incL)me 1.080 17. Government grants The amoiin15 recnIsed in Ihe financial 51aleineiils lor goveriiinpiil graiits 4rp a¢ Idlows". 2022 2021 Recognised In incorT78 froin donations arKI Iwacie5 GOvernent qianls incoine 40.821 15
Chard & District Museum Notes lo the Financial Statements (c11¥111*1J Year ended 31 December 2022 18. Analysis ol charitable IuwKIs Unrestricted tunds Al l Janu<liy 20 22 At 31 De¢ember 2022 IIKorne Expeii(liur Tiarislers .1J8 119,7681 15.(JOO 115.OnOI 85.270 20.044 1)6'siyiiaieQ F(In(I 7,)0 119:-, 681 105.314 At 1 January 20 Ai 31 Deceniber 2021 Iii(Thi)e Expendiluie liaislejs (ipnpol lijiids De¥igi)aled FLllI(J 52,(188 134.3401 52,138 35,044 .044 b9,4ti4 52.U58 134.3401 87.182 Reslrlcled tunds Al i Jaiiuaiy 20 At JI December 2022 IrLoine Ex1711[e Translers Resiric.1d FLII 29,956 Ai l JaiiLl<iry 'lO Ai 31 Decenit)er Inwine ExperKk"luie Traiisters HebllLltxl PuiKt 29.956 29,956 16
Chard & District Museum Notes to Ihe Financial Statemenls i¢01• Year ended 31 December 2022 .l/{'si,l- 19. Analy$is Of nel 8ssets between funds Re4lriclpd Total Fund8 Flinds 202? Tangible fixed assets C.urTenl assets Creditors les% Ilian l year 51 fk16 IM.,414 11.ogni 135.¥ io Net assels 105.31 d UnreslTir.te(J I--IllKIs Re%lriLIEd Total F Iiwl... Tir nqible fixed issp.18 CIITreiit assets CTedilors less than l year Nei as8els 464 156.718 41>d 116_t>74 87.1&". 117.178 17