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￿ isriai￿lIed 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
Lom1￿15s1O1l 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
..0￿pIelbO11 the I"oiwerqion of the cliaiily tci ilk iipw loual fiiriii
Organisati(￿ll1 SIr￿lUre.. fruslee indo￿l￿vI 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
Al I li¥ a(IvdllLf.Iltttiil 1>1 tilLII-.LIIILHI leiiriiiiiiJ drKI Kti(IwlwkJty by Ilifr yiovibioii diid Inaiiii&iiarii-.e ()t
Ill I IIL. Lvll¥i'lic)11 iilVS¢i vdltihii diiij tyAliil#iKJii iii SLILII buÈldiiKJ LJI ar1+31dLI¥, IKIuigs, Illdpb. lellers.
IiiJli)i y. IieLkJl Ltiiliy dLiiI 4Je(ikMJy ol LI￿111 dlKI I1￿ ￿￿11￿Mill￿11￿ (Aibliiil.
-)t)'J Ilie i.'lTr(Illly Iiils uiidtitakeii
I lie ("li<lllly d p£l)li*- l)*.Iiv.111 ¥iilily I lip. tiusiees hdve had r(¥Jaid lo Ihe (JU￿an(.e oli publiL I￿1]elli
ALhieveniei)tts aiid pertuiniaiictr
Ilb ['iJllviliiiiig I lie Itll>l¥e¥ liave dlsLI I)li￿les￿r￿ Iheii ali11￿ti011S lu dtrvtrloitr d reosilieiip.e bli dteyy 11
7 4thJ iall uiiiv.sliiiledi aiid Ifliuiied
'.l.I lili l¢ill iiiiJ¢bl[11-.leill Ab al .11 1)ec.e¢iiher ￿2￿. 11)& I',Ii¢ifiial)le i.'or?Ipany had
1'(plii'y
Ilidl IIK." 11111tr111 k&yul i)1 lknbeivtrb WLMilIJ IIIV iA)Illltiiie(I IJw.IdllOf) ul I1￿ Inuseijm li)r a pèi Iixl ut 12
Pl¢liiS tor tuliirts pvriods
II I IJlLlgi Iu tjvllv￿l Il ie Lilllis LA4¢L.'IIvtJJ i)1 Ilie I'.11￿llY Ilie liutileeb drè wtsikiii(J ￿11) the Ndlioiial
iiilthl I d11￿15 'LII{Jl(I hAIl￿￿1￿111 a) & EleyuiKI buildiJNJ iebilit¥L¢ Iliri)iJyli Sturies & SyidC.'ets"

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(￿.￿A￿er 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 [p￿e￿911tH11I)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 ￿lI11s1￿r In 11?e. Ilriile.d Ki17nrl(i[11 ,IiYF 4 riiemho.r i)f Ihe (vwigieu.II￿I)￿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<iiil¥ Rtx'(:Iil t-%liiiiaitr% siiiJJi e.sl Ilidl Ihis has. rL)dLlI.'ed lo aijuul l(IU(l aL'res. Exhibils 111 11)e
Mij., é(Jiii Irii'.luiJe d Iioib¢ iJ()w¢ied É.'#l#r Iiiill d IiaiKI txiweie(I dwle tAess
Old KiiLlien I l)g vld KIiLli¥ii l)dS dIl gileotic LullvLllUiI ¢oveiiiJg ievtJf4al dè)L￿lets li IllLliideb coukiiig
Iilei'.s11s th1111 tr(iuipiiieiil. d Iiddilioi Idl old rdiige. a11eldLlS loi doing laiii ILII y dl Id Clé(iiiirig aiid a baby's
Victorlai) Classrooni Tlie okl Siliool
i.'labsioc)iii Visiii)I S Cdli leaiii a￿lI1
It.'SSI)11s Ili&il l%iiicJlIl well as
WL*IIs die l£ll Ji e pli4)Ii)LJl&4111s Clidl
dl ill Il (Jel l¢ldtVS d IL)t ijl ￿￿￿.U￿)¥o1i.
iarnlval Coslumes
.JiJiners¢l t.'dfiiival iarts at.e uften
(Ivei¢d ,.11 1lliiii.dle Ilieitie(l (lesKJii% t￿￿(11￿￿1[>g fflUVllKJ parts and
trK)usaiKIs c)1 IiJi lil bulbs
I￿[ ro Ineiiiion ttie LhiiraLlers, all
JlayeLI by lile￿IL￿r5 of K)L'al C¢lflilV(Il (:lubb I l)¥ L-.osliiiiies I
)ui u11￿LIe #xliibiiiui) coiiie Iiojii Ilitr L:hdid (:diiiival ai)d
Ii>1)14y¥il lry Ilie loriis l&iiily Th¥y weie desi(Jiiert aiitl
'1<14MI Illd(Iv hy I(￿11(1S ciil(t Idiiiily ovei 4 dt*dOes aiKI the laniily
hdily¢ Ilitr 4lis{)14y every yeai
Knight's bam 11)e Miiseuili b Ill(ijl ieLeiii i)iiildiiig, Loiilains a
dllvly ol (Ilsiiidya Ilil.ILI(Iiiig tai-111 £.'<iilS dimj examp1*35 01 ilie
)iuduLlt& £Jl IoLdl tslliJiiieeiiiig liriiis bilili ds Deiiiiig and Co
I liey Jiiaog nidlly ul Ilig <iiJriculiuial IiiaLliiiies 011 olisplay
111)Liiid Ilie Mijsetsiii A laLe Illdkiiiy IndLliiii¢ used Iri Ili¢ (;Iiaid
iÉ.-¥ IiiIIIs i¥ 4*111)(Iifr¥ PJUlTtii)eiil feaiuie Alsu iii ihe Bail) are
'ieveial exaiiii)l&s ol lh￿ WOTk ol Pliuenix Eiigineeriiig.
li1cli￿irKj a iaiboilei tor
esui rdill￿ ÉO£l(1s I lit* loot ul Iliis buikliii(J Ib a piodiji'l Ill Space
',)&ks &iiKJII*i Lulileiiipoiaiy Lli<V(l &ri(Jitieeiiiig Iirin

Sklllle Alley ThAÉ!anwhile parl ¢71 11)p i?Id ￿l￿W 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, l*F.?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 bi*Si$ of report
A- IIIL IILJsréey L)1 1114." i.'IIGIIIIy yoit .41È' l￿Fx)liSIbIe l(H t1￿ prepai allOI) or the linafjcial st¢ileiiieiits in
()1 I￿1¥ -)111 I ALI (IIMA iji kn_￿1 iyii*J ijiil tiiy ￿M￿lI111d[1(jI) I Iidve tolltjwed £$11 Ilie (af)yIILabl¥ liir8iliollb giveii
l)y Ili¢ (-Iidiily Loliiii)IS￿ltrll Ul￿e4 *Lliut) 14515iitJl ol Uie ALI
Indepewident examinei's slatenient
i-iiriiitfvl'.liiJlb Wllli Ility eX4iiiiiiialiiiii (Jivi1￿j ￿ne iaijse lo t￿lieVe 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 Ir1dep￿￿1￿il 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. fIn￿eT￿l5t81eMP.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= all￿￿nIS 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 lin￿Cial 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￿[CA￿1P 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 rn*l IKI8i* AS mnrlilipd hy Ihe
rev?liialiflll nl cp.rYaiii linati('ial A<*el¢ liabililip4 3TKJ inve4lriipiil prr4)p.rtip8 mp.agi Ir￿1 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 a￿￿111Y ID r.(bnliniJp..
Judgements and ke.y sourres of eslimation uncerlainty
The prepar.?li(?n nl Ihp linarLial
¥¢N￿re8 maiiaupiii*ii', lo ni,Ikg jiiilupnipiils.
eslimatp% aixl 388itrmi)IKins 11131 alfpct Ihp aiTK)iinlg ieLNJilpd Tlipse polim11e.g .Iiid Iiiduf>inDiils
are i".onliniJally leV￿wI¥l aiiil -Iin I)x8￿1 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. Ilnrpgl￿I$￿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 ap￿al. 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 (Gwittsiuo￿J
Year t)nded 31 Decefflber 2022
Acc¢)untiiig F>olicies ILOITri￿￿¢￿J
Incon)Ing r&s￿l[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 eVId￿￿e 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 will11wn￿1l Is esiablished.
or 11)e ebiiiiialed iesal& value. IN)Ildied l<lLililigs dnd seivi(.'e¥ aré3 rw.-Iigriised In Ilie
cILLiIUlilb wl Irll {tsLei￿t*I it Ilie vJue I be ielldl)Iy I1￿{￿uled No dl)IUUI)IS alè Iijulud¥d loi
>￿t￿ll..￿.ts 1£ recoJ( nisert witli the delivery ol ihe
Ihi* is i-la¥%ilitMI As iirii*lii(.'Itxl tLtINls iiideis tlieie Is it i.'oiiiraciiial
RetiuufL*S eXPèI)dtxI
Xl)tiiidiii*ri-. 11:i IMJlllb&l illl Iifi ai.l.ILI(IIs ds a lia￿l11Y 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￿￿ iiity1iHl￿5 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 <i￿rti￿j1e(J lil tyllciiiialil¢
lj11￿1 bAI)el￿11￿1e 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 ex1w1￿jar￿￿￿ oi) i-.liaiiiahle ill'.Iivilies
All Ltysls ale [ill￿aled lo eXp￿￿¥t￿le 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 It1￿Y Loiill SIM￿10 lo 01$ d I￿a￿￿1ab1e,1(1￿tIlidknle diid Lui3sisleiii basls.
10

Chard & District Museum
Noles to the FinancSal Slatemenls iconthw•ti
Year ended 31 December 2022
Aceouniing policieg Icofflkn￿I1
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 ￿lbSeq￿jenI accurnulal￿ iinpaitinpnl l(Js89.8.
An in(-rease In the carTvinu am(Hinl ol an .Issel as ? rpqiill ol a fPV*ilii(?Iinii. ig Ipc.ooiiispd iii i)Ihpr
recoanised qain8 and losses. Linlpss il reverqeg a I'.harup. loi impalrrne￿l thHI liao DTevioiJqly t￿e.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)iS￿l 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 liDar￿la1 aclTviIIps
Impalrment ol flxed assels
A TPVIPW tor indiralors 01 i￿paIr1￿eT￿ i< carryl oijl al g.i¢h rp[)orlifto dale. willi Ihp reci)verable
amoiint beino eglimated where 511ch ir￿lCat0rs 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 i1￿1VidUal 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 iric11￿e4 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 a￿S￿n￿d 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 lor￿150￿ 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 Iconimt*di
Government graiils
Wheie the 911LllI does not IFntK)se s￿Illed lutLiie ￿rtOrI￿a￿ce ieLated condr(ions oli the
rei.'Ipieiil, li Is reco(Jiiised in i1￿0[￿e wlien Ihe gfanl pr(￿eedS are receiv&J or receivabse. Where
thL gi4ini di)eb iIIIP()Sf! SFKli*lth 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 d6c0￿111￿￿.
ljebl Iiislruii)eiili are tsiil)tst4iii¢iilly lilea￿[ed ai amortvied cosi
Wlittre li Ive¥liii¥iilS 111 sliaies L4Et piILIiLly I￿￿ed vl Il*ii Idir value Laii olheEwitse be Iiie<ibuied
ILlidbly. thLJ Illllgblsiierii Is sub>Lqueiilly Ineasured ai lalr value willi cl)aiThJes Ill lair value
fV.LOLJIIISL4J In IiiLonie aiKI ¥&XPL4IIL1iliiio All (Jll)W SULIi iliVLb%liTieii15 arL3 Subs￿￿entlY measured al
cobl IlT)Piiirineiil.
Ull)ei tlllal 11.'l£il Iiisli Ltiiiei)tb. IllLludiiKJ deiivaiives, ale Iiiilialty recoyiiised ai tair value. unless
PLiymei)I tor dll .lsbel Is deterr(¥J beyond iM)rTrial t)USitiess terins or liiiaiiced at a rate ol interest
Ilicil Ib Iioi a iiiaikei ¥ale, In w17￿.h case the asset Is rneasured at the piLisenl value ol 11)e future
11(iyiiienl¥ disLUiJllled ai a IT)aikel rate ol Inleiesi loi a ￿1}111(￿ debi inslrutnenl.
L)Ili¢r Iiiiai)Lial IiislrLiiiieiiis si11)sequeiilly Iiieasuied ai Iwt ¥dlue. willi aiiy Ltiang£4S
i eiOLiiiised In the stateineiil (Jl IIFiancial &15Vlties. willi exLeptM)11 ot heijgiiw insli umenls In a
debigiiiiied l)ed(Jiiw lelat￿llShIp
liiiariLial dssfils Iliat ai¥ I￿e￿ule￿ at COSI 01 <iiiiLNlised cost afe ieviewed lor objeclivo evKlence
()[ Iii)i)dii iiipiil ai Ilie èiiil <)t &ai.'Ii repoél11)g daitr If ilieits ts ut4v(-.Iiv6 ovthiice ol Impairnieiil, an
Inipdlllvli'iil loss is rei(x3ni>ed Lindei the awiopriale heading Iri the siaiement ol Iinancial
dLlivilivS 111 wliiLlI 11)e iiii(Idl (Jdiii ieLwiusiiil
For all equity 11)struimeiils regai"dless of S￿lit￿e. olher tii)ancial assets that are
11)dividudlly sigiiiliLarii. Ihese ate assesse(J IrM14viduaJly lor Impairment. Olliei financial assets are
tlier dssesstxl IndivKliially oi giuutkxl 01) Ilie basis ol sifflilai ctedit risk cliaiacterislics.
Ai by revvibdl% ill ilTipaiiiiienl dre I￿1xj1iiS￿d Iiiiiiiedidlely lo Ilits extent Ilial 11)e ¥eveisal does nol
iosijll 111 d i.-dii yii)(J aiiiouiEI ()1 lTr)e Iir)anLial a&sei Iliat vxcee(ts what Ilie caiiyiiig Eiiriount would
Iiavd bevii had tlie Iiyiwrnieiil iTrot SNevtOUbly t￿1} rett(￿1]{s{￿l.
12

Chard & District Museum
Notes to Ihe Financial Statements iconllnvedj
Year ended 31 December 2022
Oonalions and legacies
Unle%1T￿p￿ 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<iialyiiii)Ics
268
450
7111
718
12. Starf cosls
The aveidy¢ h¥iid i'.i)Iiiil ol txiiyAoyees duiin(J 11)e yedr was Nil12021". Nlll.
N(J eriiployèè reLeived tti1ipk)Y￿ i)tllKiliis ol I1￿{e Ihdll t60,0(K> duriiig Ilie year12U21 Nill.
14

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 f*llTrg due wllhln one year
2022
2021
Acrriials and clelprT*I incL)me
1.080
17. Government grants
The amoiin15 rec￿nIsed in Ihe financial 51aleineiils lor goveriiinpiil graiits 4rp a¢ Idlows".
2022
2021
Recognised In incorT78 froin donations arKI Iwacie5
GOvern￿ent qianls incoine
40.821
15

Chard & District Museum
Notes lo the Financial Statements (c￿11¥￿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 Ex￿17￿11￿[e
Translers
Resiric.1￿d 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¢0￿￿1￿•
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