Brentwood Museum Society - AGM 2025 - Treasurer's Report for 2024
As you can see from the balance sheet, expenditure for the Brentwood Museum Society was down on last year, generally back to normal, although costs do continue to rise. We did have bonus extra income from the Saffron account which yielded £1,100 interest 😊, sadly we can’t expect that every year.
The Museum’s online presence has been improving which is certainly paying off as visitor numbers have increased significantly, as seen in the extra income.
Sadly, Membership is slowly falling year on year. We need to make a concerted effort to increase Membership since Membership Fees are our major source of income. It must be stressed that the Museum WILL NOT survive without increasing its Membership.
Thanks again to Roger Griffiths, who has checked and fully approved the “2024” accounts. Roger has agreed to examine the “2025” accounts at least.
Thank you, Martin Hamilton
BRENTWOOD MUSEUM SOCIETY
REGISTERED MUSEUM
REGISTERED CHARITY № 1197440
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 2024
| EXPENDITURE | EXPENDITURE | INCOME | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2023 | Diff | 2024 | 2023 | Diff | |||||||
| A | Building | Electricity:Museum | 1,166.34 | 2,034.08 | - | 867.74 |
Subscriptions | Members (2024:30) | 580.00 | 660.00 | - | 80.00 |
| B | Electricity:Chapel | 110.51 | 133.79 | - | 23.28 |
Members (2025:28) | 668.00 | 340.00 | 328.00 | |||
| C | Water | 135.16 | 107.97 | 27.19 | Donations | Open Day Visitors | 334.14 | 355.61 | - | 21.47 |
||
| D | Rates | 0.02 | 0.02 | - | Booked Visitors | - 95.00 |
- | 95.00 |
||||
| E | Insurance | 409.74 | 424.71 | - | 14.97 |
Monthly Talk Visitors | 90.00 | 165.00 | - | 75.00 |
||
| F | Fire Safety | - | - | - | Other | 252.70 | 709.93 | - | 457.23 |
|||
| G | Maintenance | - | 1,040.50 | - | 1,040.50 |
- | ||||||
| H | Monthly Talks | Speakers | 260.00 | 435.00 | - | 175.00 |
Fund Raising | Garden Party Charge | 210.00 | 419.83 | - | 209.83 |
| I | Hire of Hall | 272.32 | 259.36 | 12.96 | Garden Party Raffle | 74.00 | 85.92 | - | 11.92 |
|||
| J | Refreshments | - | 16.00 | - | 16.00 |
60-40 Club | 432.00 | 612.00 | - | 180.00 |
||
| K | Expenses | Secretarial/Curatorial | 20.00 | - | 20.00 | Christmas Talk Raffle | 30.00 | 25.00 | 5.00 | |||
| L | New Exhibits | - | 461.89 | - | 461.89 |
- | ||||||
| M | Garden Party | 124.00 | 173.45 | - | 49.45 |
Amazon | - 50.96 |
- | 50.96 |
|||
| N | 60-40 Club Winnings | 153.60 | 144.00 | 9.60 | - - |
- | ||||||
| O | Sundries | 16.24 | - | 16.24 | - | - | ||||||
| P | Brentwood Arts Council | 30.00 | 15.00 | 15.00 | - - |
- | ||||||
| Q | Bank Charges | 64.80 | 64.80 | - - |
- | |||||||
| R | Website | - | 1,190.00 | - | 1,190.00 |
- - |
- | |||||
| S | MODES Software | 108.00 | 96.00 | 12.00 | 2,670.84 | 3,519.25 | - | 848.41 |
||||
| T | - | - | - | |||||||||
| V | - | - | - | |||||||||
| W | Total Expenditure: | 2,870.73 | 6,596.57 | - | 3,725.84 |
Interest | Bank | - - |
- | |||
| X | Surplus (Deficit) carried to Balance Sheet Fiddle to balance |
916.90 - |
(3,052.98) | Saffron Building Society Bond | 1,116.79 | 14,024.34 | - | 12,907.55 |
||||
| 3,787.63 | 3,543.59 | Total Income: | 3,787.63 | 17,543.59 |
BALANCE SHEET AS AT 31ST DECEMBER 2024
| 2024 | 2023 | Difference | ||
|---|---|---|---|---|
| RESERVES | ||||
| As at 1st January 2024 | 31,328.64 | 34,381.62 | (3,052.98) | |
| Surplus (Deficit) from Income & Expenditure Account | 916.90 | (3,052.98) | 3,969.88 | |
| As at 31st December 2024 | 32,245.54 | 31,328.64 | 916.90 | |
| REPRESENTED BY | ||||
| Bank Account | Current | 1,330.27 | 1,628.59 | (298.32) |
| Petty Cash | 216.85 | 118.42 | 98.43 | |
| Saffron Building Society | 30,698.42 | 29,581.63 | 1,116.79 | |
| 32,245.54 | 31,328.64 | 916.90 |
I have examined the books, vouchers and bank statements of the Brentwood Museum Society and, in my opinion, the above Balance Sheet and Income and Expenditure Account are properly drawn up in accordance therewith.
Martin Hamilton Treasurer
Roger Griffiths Independent Examiner
.