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||PaBe|
|---|---|
|Trustees'report||
|lndependentexaminer'sreport|6|
|Statement offinancialachvities|1|
|Balancesheet|8-9|
|Statementofcashflows|10|
|Notesto the financial statements|11-23|





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|||Unrestricted|Restricted|TotalUnrestristed|TotalUnrestristed|Restricted|TotaI|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2023|2023|2023|2022|2022|2022|
||Notes|f|f|ff||f|e|
|lncomefrom:||||||||
|Donations andlegacies3||26,507|16,650|43,757|28,542|868,890|497,432|
|Charitableactivities|<br>4|5,507|47,328|46,835|7,791|49,595|s6,786|
|Othertradingactivities5||2,339||2,339|1,230||1,230|
|lnvestments|6|27,AgL||21,49L|LO,679||70,679|
|Totalincome||62,244 57,978||L20,222|47,642|9X8,485|966,L27|
|Exoenditure on:||||||||
|Charitableactivities|7|85,267128,223213,490|||54,802 85,829||140,631|
|Net gains/(losses)on||||||||
|investments|11|16,901||16,901|(2,910)||(2,910)|
|Net movementinfunds||16,1221(70,24s)i.76,367],|||i10,070)832,6s6||822,s86|
|Fundbalancesat1||||||||
|lanuary2023||721,6A4925,025r,644,709|||733,754 92,359||426,123|
|Fund balances at 31||||||||
|December 2023||7t7,562A54,7807,572,342|||723,68492s,0257,648,709|||





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|||2023||2022||
|---|---|---|---|---|---|
||Notes|f|T|f|f.|
|Fixedassets||||||
|Tangibleassets|L2||1,178,882||7,226,777|
|lnvestments|13||742,972||r.66,071|
||||1,361,854||1,392,842|
|Currentassets||||||
|Debtors|15|8,203||5,612||
|Cashat bank and in hand||218,098||251,355||
|||226,30L||262,967||
|Creditors:amounts fallingduewithin||||||
|oneyear|16|(1s,813)||(7,100)||
|Netcurrentassets|||210,488||255,867|
|Total assetslesscurrentliabilities|||L,572,342||1,64A,709|
|lncomefunds||||||
|Restricted fund5|17||854,780||925,025|
|Un.estricted funds|||777,562||723,684|
||||,:::||7,648,109|





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|||2023||2022||
|---|---|---|---|---|---|
||Notes|f|f.|€|f|
|Cashflowsfromoperating activides||||||
|Cash(absorbedby)/generatedfrom|20|||||
|oPerations|||(34,713)||846,77A|
|lnvesting activities||||||
|Purchaseof tengiblefix€dassets||(6,902)||(8s3,460)||
|lnvestmentincome received||2,358||1,287||
|Netcashusedin investing activlties|||14,s44)||(8s2,173)|
|Netcashused infinancing activldes||||||
|Net decrease incashandcashequivalents|||(39,2s7)||(s,99s)|
|Cashandcashequivalentsatbeginningofyear|||257,15s||263,350|
|Cashandcashequivalentsat endof year|||218,098||257,3s5|





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|Freehold land and buildings|Revaluedtomarket value|
|---|---|
|Fixtures andfittjngs|15%straight linebasis|
|Computers|15%straight linebasis|
|Businesscentre|5%straightlinebasis|



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||Unrestricted|Restricted|Restricted|Total|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||funds||funds|||funds|funds||
||202'||2021|2023||2022|2022|2022|
||I||€||f|t|E|I|
|Donations and Bifts|3,613||13,150|16,163||6,775|858,390|a14,565|
|Gift Aid|3,866||3,500|7,366||3,550|500|4,050|
|Subscriptions|19,028|||19,028||18,817||18,817|
||26,507||16,650|43,151||24,542|iII|897,412|
|Charitableactivities|||||||||
||||Quix.nd|Mur€um|||Quir.ndMuseum|Totrl|
||||other .ndlibrary|||2023Symposium|other a.dllbrdry|2022|
|||2023|2023|<br>2023||2022|20222022||
|||€|tt|||tf|LI|t|
|Saleswlthincharitable|adivities|3,7887,'lt9||-|5,5073,919||-<br>605|<br>4,524|
|Grants||||41,,328|47,328||52,26252,262||
|||3,7887,779||41,128|46,A353,91960552,26256,146||||
|Analysisbyfund|||||||||
|unrestricted funds||3,7887,719||-|5,5073,919||6052,667|1,!9t|
|Restrictedfunds||||41,328|41,328||-49,595|49,59s|
|||3,788L,7r9||4r,328|46,A353,91960552,26256,7A6||||



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||Unrestricted|Total|
|---|---|---|
||funds||
||2023|2022|
||I|f|
|Shopincome|2,339|1,230|



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||Unrestricted|Total|
|---|---|---|
||funds||
||2021|2022|
||f|f|
|Rental income|18,500|4,O20|
|Dividends|7,O33|s,372|
|Deposit accountinterest|2,358|r,287|
||27,89t|70,679|





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||Charltable|Charitable|
|---|---|---|
||ExpenditureExpendlture||
||2023|<br>2022|
||tf||
|Advertising|577||
|Depreciation andimpairment|54,791|22,459|
|Other operatingleases|12,001|12,000|
|Rates|1,373|7,277|
|lnsurance|6,581|7,777|
|Light, heat andwater|74,417|7,763|
|Printing, postage &stationery|2,938|3,77 5|
|Sundries|319|3,503|
|Repairsand renewals|6,676|8,165|
|Conservation andpreservation ofarti{acts|15,345|7,O37|
|Magazines and books|293|293|
|Conservationofbooks and archives||225|
|Cleaning||96|
|Catering||264|
|Subscriptions anddonations|910|490|
|Lecturefeesandexpenses|2,275|7,842|
|Professional fees|25,271,|23,61,7|
|Other charitable expenditure|34,2t4|26,317|
||178,327|726,934|
|Supportcosts -Museumand Library|35,769|13,697|
||2t3,490|1'-1|
|Analysisbyfund|||
|Unrestrictedfunds|85,267|54,8O2|
|Restricted funds|r28,223|85,829|
||213,490|140,531|





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|8|Net movementinfunds|2023|2022|
|---|---|---|---|
|||f|€|
||Netmovementinfundsisstatedafter charging/(crediting)|||
||Depreciafionofownedtangible fixedassets|s47q'!|22,459|
||Operatinglease charges|12,000|12,000|



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||2023|2022|
|---|---|---|
||Number|Number|
||2|1|
|Employmentcosts|2023|2022|
||f.|E|
|Wagesand salaries|26,7AA|4,336|
||26,788|4,336|





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|UnrestrictedUnresicted|UnrestrictedUnresicted|
|---|---|
|,unds|funds|
|2022|2022|
|t|r|
|16,901|(2,910)|



## 

|Tangiblefixedassets|||||
|---|---|---|---|---|
|||||Total|
||andbuildings|fittinSs|||
||f|t|e|t|
|Cost|||||
|At1January 2023|1,153,460|106,751|L9,9r2|r,280,723|
|Additions|6,902|||6,902|
|At 31 December2023|1,160,362|706,751|79,972|7,287,025|
|DepreciationandImpairment|||||
|Atl.ianuary2023|10,668|33,993|8,691|53,352|
|Depreciation chargedinthe year|43,000|8,804|2,947|54,797|
|At31.December 2023|53,668|42,797|17,678|708,143|
|Carryingamount|||||
|At 31 Dec€mber 2023|1,106,694|63,954|8,234|1,178,882|
|At 31 December 2022|!,L42,792|72,75A|tL,227|1,226,777|





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||List€d|
|---|---|
||investments|
||t|
|Costorvaluation||
|At1lanuary2023|156,071|
|Valuationchanges|16,901|
|At 31 December 2023|7A2,972|
|Carryingamount||
|At 31 December 2023|t82,972|
|At 31 December 2022|166,071|





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|14|Financialinstruments|2023|2022|
|---|---|---|---|
|||€|f|
||Carryingamountoffinancialassets|||
||lnstrumentsmeasuredatfair valuethroughprofitorloss|182,972|166,077|
|15|Oebtors|||
|||2023|2022|
||Amounts fallingduewithinoneyear:|€|f|
||Prepayments and accrued income|8,203|5,612|
|16|Creditors: amounts fulling duewithinoneyear|||
|||2023|2022|
|||e|€|
||Accruals anddeferredincome|15,813|7,700|





|||Mov€mentlnfund.|Mov€mentlnfund.|||Mov€fientlnfunds|Mov€fientlnfunds|Mov€fientlnfunds|||
|---|---|---|---|---|---|---|---|---|---|---|
|||rreikt||||||r..rft6|||
||||||||||a.lDandl*G rlDB.6her||
||€|i|a|f|E|€|E|f|ff||
|GeneraLfund|106,011|47,642|(54,8021||98,851|62,244(85,267)|||-|75,aZA|
|fund|524,552|||{2,910)|521,642||||16,901|538,543|
|Designated|||||||||||
|Buildingiund|103,191||||103,191||||-|103,191|
||'733,754|4t,642|54,AO2|(2.910t|723,684|62.244|A5.267||L6,901|7!7,561|
||86,143|915,095|(85,680)||915,S58|52318|u28,123)|||844,7s3|
||1,970||(149)||1.821||{100}|||!,12t|
|Suildingfund|4,256|3,390|||7,646|550||||8,306|
||92,369|918,485|e5,829||925,025|57,97A|72A,221|||854,744|
||826.124|966,127|140,631|2,9!O|1,64a,7@|120,222213,490|||16,90t1,572.342||





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|Analysisof netassetsb|etween funds||||||
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|TotalUnrestricted||Restri€ted|TotaI|
||funds|funds||funds|funds||
||2023|2023|2021|2022|2021|2022|
||€|f|ff||f|f|
|Fund balances at31|||||||
|December 2023are|||||||
|represented by:|||||||
|Tangibleassets|351,106|827,776|L,L74,882|362,667|864,104|1,226,771|
|lnvestments|182,912||1a2,972|166,071||1,66,O71|
|Current assets/|||||||
|(liabilities)|183,484 27,004||210,488|794,946 50,921||255,867|
||7t1562|854,780|1,572,342|723,6U975,025||1,64A,709|



## 

|m|Cashgeneratedfromoperations|2023|2022|
|---|---|---|---|
|||{|f|
||(Deficit)/surpus for theyear|(76,367]||822,s86|
||Adjustments for:|||
||lnvestmentincome recognised instatementoffinancialactivlties|(2,3s8)|(7,287J|
||Fairvaluegainsandlossesoninvestments|(16,901)|2,91O|
||Depreciation andimpairmentof tangiblefixed assets|54,t9!|22,459|
||Movementsinworkingcapital:|||
||(lncrease)/decrease indebtors|(2,ss1)|473|
||Increase/(decrease) increditors|8,713|(963)|
||cash(absorbed by)/generat€dfromoperations|(34,713)|846,178|
|21,|Analysisofchan8esinnetfunds|||
||Thecharityhad nodebtdurinBtheyear.|||