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2024-12-31-accounts
|
Page |
| Trustees'report |
1-5 |
| lndependent examiner'sreport |
6 |
| Statementoffinancial activities |
7 |
| Balancesheet |
8 |
| Statement ofcashflows |
9 |
| Notestothe financial statements |
to-23 |
|
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
TotaI |
|
|
funds |
funds |
|
funds |
funds |
|
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
|
Notes |
f |
€ |
€ |
f |
t |
f |
| lncomefrom: |
|
|
|
|
|
|
|
| Donations andlegacies |
3 |
29,484 |
41,399 |
70,883 |
26,507 |
16,650 |
43,t57 |
| Charitable activities |
4 |
5,290 |
672,829 |
618,119 |
5,507 |
4t324 |
46,835 |
| Other trading activities |
5 |
4,244 |
|
4,244 |
2,339 |
|
2,339 |
| lnvestments |
6 |
26,L49 |
|
26,L49 |
27,89r |
|
27,49L |
| Total income |
|
65,207 654,228 |
|
7L9,435 |
62,24457,97a120,222 |
|
|
| Expenditureon: |
|
|
|
|
|
|
|
| Charitable activities |
7 |
101,003 679,047780,044 45,267724,2232L3,490 |
|
|
|
|
|
| Totalexpenditure |
|
101,003 679,041780,044 |
|
|
85,267 124,223 |
|
213,490 |
| Netgains/(losses) on |
|
|
|
|
|
|
|
| investments |
11 |
10,295 |
|
10,295 |
!6,90L |
|
16,901 |
Netexpenditureand
movementinfunds |
|
(2s,s01)124,8L3)(s0,314)16,122ll7o,24sl(76,367) |
|
|
|
|
|
| Reconciliation offunds: |
|
|
|
|
|
|
|
Fund balancesatlJanuary
2024 |
|
717,562854,780!,572,342723,6a4925,025r,648,709 |
|
|
|
|
|
| Fund balancesat31December |
|
|
|
|
|
|
|
| 2024 |
|
692,061829,9677,522,0287L7,562854,780r,572,342 |
|
|
|
|
|
|
|
2024 |
|
2023 |
|
|
Notes |
f |
f |
f |
f |
| Fixed assets |
|
|
|
|
|
| Tangibleassets |
13 |
|
7,1,40,695 |
|
L,178,442 |
| lnvestments |
t4 |
|
|
|
1"82,972 |
|
|
|
t,140,695 |
|
7367,4s4 |
| Currentassets |
|
|
|
|
|
| Debtors |
15 |
7t7,926 |
|
8,203 |
|
| Cashatbankand inhand |
|
162,927 |
|
2L8,Oga |
|
|
|
880,853 |
|
226,307 |
|
| Creditors: amountsfallingduewithinone |
16 |
|
|
|
|
| year |
|
(499,520) |
|
(1s,813) |
|
| Netcurrentassets |
|
|
381,333 |
|
21,0,488 |
| Netassets |
|
|
7,522,O24 |
|
7,572,342 |
| Thefunds ofthe charity |
|
|
|
|
|
| Restricted income funds |
t7 |
|
829,967 |
|
854,780 |
| Unrestricted funds |
|
|
692,061, |
|
711,562 |
|
|
|
t,522,O24 |
|
7,572,342 |
|
|
2024 |
|
2023 |
|
|
Notes |
€ |
e |
f |
f |
| Cashflows from operating activities |
|
|
|
|
|
| Cashabsorbedbyoperations |
22 |
|
(236,416| |
(34,713) |
|
| lnvestingactivities |
|
|
|
|
|
| Purchase oftangible fixedassets |
|
|
1s,347], |
|
(5,902) |
| Purchaseofinvestments |
|
(2,21,8) |
|
|
|
| Reclassificationasacurrentasset |
|
195,485 |
|
|
|
| lnvestment income received |
|
3,325 |
|
2,358 |
|
| Netcashgeneratedfrom/{usedin} |
|
|
|
|
|
| investingactivities |
|
|
L81,,245 |
|
i.4,s44) |
| Netcashusedinfinancing activities |
|
|
|
|
|
| Net decrease incashandcashequivalents |
|
|
(ss,171) |
|
(39,2s7]. |
| Cashandcashequivalents at beginningofyear |
|
|
27a,Oga |
|
257,355 |
| Cashandcashequivalentsat end ofyear |
|
|
L62,927 |
|
218,098 |
|
Unrestricted |
Restricted |
TotalUnrestricted |
TotalUnrestricted |
Restricted |
TotaI |
|
funds |
funds |
|
funds |
funds |
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
|
f |
I |
€ |
€ |
L |
L |
| Donationsandgifts |
5,431 |
35,149 |
40,580 |
3,613 |
13,150 |
16,763 |
| Gifr Aid |
4,500 |
6,250 |
LO,750 |
3,866 |
3,500 |
1,366 |
| Subscriptions |
19,553 |
|
19,553 |
19,028 |
|
19,O28 |
|
29,484 4L,399 |
|
70,883 26,507 16,650 |
|
|
43,157 |
|
Lectureahd
SVmposium |
Museum and |
MEND |
Total
2024 |
Lecture and Quiz andotherMuseum and
Symposium
library |
Lecture and Quiz andotherMuseum and
Symposium
library |
Lecture and Quiz andotherMuseum and
Symposium
library |
Total
2023 |
|
2024 |
2024 |
2024 |
|
2023 |
2023 |
2023 |
|
|
€ |
f |
f |
f |
rff |
|
|
f |
| Saleof |
|
|
|
|
|
|
|
|
| goods |
5,290 |
|
|
5,290 |
3,788 |
7,719 |
|
5,507 |
| Grants |
|
726,495 |
446334 |
672,429 |
|
|
4L32a |
4].,328 |
|
5,290!26,495 |
|
4a6334 |
618,119 3,788 |
|
7,7t9 |
41,328 |
46,835 |
| Analysisbyfund |
|
|
|
|
|
|
|
|
| Unrestricted |
|
|
|
|
|
|
|
|
| funds |
5,290 |
|
|
5,290 3,188 |
|
7,719 |
|
5,507 |
| Restricted |
|
|
|
|
|
|
|
|
| funds |
|
126,495 |
4a6334 |
6L2,829 |
|
|
47324 |
41,,328 |
|
5,290126,495 |
|
486,334 |
618,119 3,788 |
|
!,7L9 |
4t,328 |
46,835 |
| 5 |
Othertrading activities |
|
|
|
|
Unrestricted |
Total |
|
|
funds |
|
|
|
2024 |
2023 |
|
|
€. |
f |
|
Shopincome |
4,244 |
2,339 |
| 5 |
lnvestments |
|
|
|
|
Unrestricted |
TotaI |
|
|
funds |
|
|
|
2024 |
2023 |
|
|
E |
I |
|
Rentalincome |
16,531 |
18,500 |
|
Dividends |
6,333 |
7,O33 |
|
Deposit accountinterest |
3,325 |
2,358 |
|
|
26,L49 |
27,491, |
|
|
2024 |
2023 |
|
|
€ |
f |
|
Advertising |
627 |
577 |
|
Depreciationandimpairment |
53,534 |
54,793, |
|
Other operatingleases |
13,483 |
12,OO1, |
|
Rates |
1,681 |
!,373 |
|
lnsurance |
10,055 |
6,581 |
|
Light,heatandwater |
72,927 |
14,8r7 |
|
Printing,postage &stationery |
qr^q |
2,938 |
|
Sundries andtrainingprojects |
L4,073 |
612 |
|
Repairsand renewals |
508,127 |
6,676 |
|
Conservation andpreservationof artifacts |
14,553 |
15,345 |
|
Subscriptionsanddonations |
893 |
910 |
|
Lecture fees and expenses |
3,755 |
2,2r5 |
|
Professionalfees |
90,665 |
25,271 |
|
Other charitable expenditure |
5,853 |
34,21,4 |
|
|
735,469 |
778,327 |
|
Supportcosts -Museum and Library |
44,575 |
35,169 |
|
|
7ao,o44 |
2L3,490 |
|
Analysisbyfund |
|
|
|
Unrestricted funds |
101,003 |
85,267 |
|
Restrictedfunds |
679,O4r |
L28,223 |
|
|
7AO,O44 |
213,490 |
| 8 |
Netmovementinfunds |
2024 |
2023 |
|
|
€ |
f |
|
Net movementinfundsisstated after charging/(crediting) |
|
|
|
Depreciation of owned tangible fixedassets |
53,534 |
54,797 |
|
operatinglease charges |
13,483 |
i1'* |
| 2024 |
2023 |
| Number |
Number |
| 2 |
2 |
|
Unrestricted |
lJnrestricted |
|
funds |
funds |
|
2024 |
2023 |
| Gains/(losses)arising on: |
f |
f |
| Revaluation of investments |
10,295 |
16,901 |
| 13 |
Tangiblefixedassets |
|
|
|
|
|
|
|
Freehold land |
Fixtures and |
|
Computers |
Total |
|
|
and buildings |
|
ffttings |
|
|
|
|
€ |
|
f |
€ |
E |
|
Cost |
|
|
|
|
|
|
At1January2024 |
1,160,362 |
|
L06,157 |
L9,91,2 |
L,287 ,O25 |
|
Additions |
1,4,454 |
|
893 |
|
15,347 |
|
At 31 December 2024 |
r,174,aL5 |
|
LO7,644 r9,9t2 |
|
1,,302,372 |
|
Depreciation andimpairment |
|
|
|
|
|
|
Atllanuary2024 |
53,668 |
|
42,797 |
tl,67a |
108,143 |
|
Depreciationcharged intheyear |
43,000 |
|
7,547 |
2,947 |
53,534 |
|
At 3L December 2024 |
96,668 |
|
50,344 |
14,665 |
767,677 |
|
Carryingamount |
|
|
|
|
|
|
At31 December 2024 |
1,078,L48 57,300 |
|
|
5,247 |
1-,1-40,695 |
|
At31December2023 |
1T''* |
_i11 |
|
_:*^ |
',:::: |
|
Listed |
|
investments |
|
€ |
| Costorvaluation |
|
| AtlJanuary2024 |
L82,972 |
| Valuationchanges |
10,295 |
| Rights issue |
2,2La |
| At 31 December 2024 |
195,485 |
| lmpairment |
|
| AtlJanuary 2024 |
|
| Reclassificationas acurrentasset |
195,485 |
| At31December 2024 |
195,485 |
| Carryingamount |
|
| At31December 2024 |
|
| At 31 December2023 |
742,972 |
| Debtors |
|
|
|
2024 |
2023 |
| Amountsfallingduewithinone year: |
€ |
f |
| Tradedebtors |
275 |
|
| lnvestments |
195,485 |
|
| Other debtors |
57,418 |
|
| Prepaymentsandaccrued income |
464,808 |
8,203 |
|
7!7,926 |
8,203 |
| creditors:amountsfallingduewithinoneyea. |
|
|
|
2024 |
2023 |
|
f |
€ |
| other taxationand socialsecurity |
705 |
|
| Accrualsand deferred income |
498,815 |
15,813 |
|
499,520 |
15,813 |
|
|
|
|
Movementin |
funds |
|
|
Movementinfunds |
Movementinfunds |
|
|
|
|
|
Balanceat |
lncoming |
R6ources |
Transturs Gainsandlosses |
|
Balanceat |
lncoming |
R€sourcesTranslersGainsandlosses |
|
|
Balanceat |
|
lJanuary 2023 |
|
|
expend€d |
|
|
1.lanuary2024 |
|
expended |
|
|
3lDecember |
|
|
|
|
|
|
|
|
|
|
|
|
2024 |
|
|
f |
f. |
f |
f |
f |
f |
f |
f |
E |
t |
f |
| Unrestricted |
funds |
|
|
|
|
|
|
|
|
|
|
|
| Generalfund |
|
98,851 |
62,244(8s,267] |
|
|
|
|
75,8286s,207 |
|
(101,003) |
|
|
Designated
fund |
|
52L,642 |
|
|
|
16,901538,543 |
|
|
|
|
10,295548,838 |
|
Designated
Buildingfund |
|
103,191 |
|
|
|
|
103,191 |
|
|
|
|
103,191 |
|
|
723,684 62,244185,2671 |
|
|
|
16,901717;62 |
|
6s,207 |
(101,003) |
|
10,295692,061 |
|
| Restricted |
|
|
|
|
|
|
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
|
|
|
|
|
|
| Museum |
|
915,558 |
57,318 |
(r28,7231 |
|
|
844,753 |
122,A65 |
(L47,6781 |
|
|
819,940 |
| Library |
|
t,82t |
|
(1oo) |
|
|
L,721, |
|
|
|
|
1,,721, |
| Buildingfund |
|
7,646 |
660 |
|
|
|
8,306 |
|
|
|
|
8,306 |
| MENDfund |
|
|
|
|
|
|
|
s31,363 |
(s31,363) |
|
|
|
|
|
925,02557,978(128,2231 |
|
|
|
|
8s4,780654,228 |
|
(679,0471 |
|
|
829,967 |
|
'::!: |
|
::: |
::'^*t |
_____ |
_1.,.,'''"': ::::::o^:'___ |
|
|
|
|
_i11 |
':::: |
|
|
At |
l |
January |
lncoming |
Resources |
Gainsand |
|
At 31 |
|
|
|
|
2024 |
resources |
expended |
losses |
December |
|
|
|
|
|
|
|
|
|
|
2024 |
|
|
|
|
e |
f |
f. |
E |
|
E |
| General |
funds |
|
|
717,562 |
6s,2O7 |
(101,003) LO,29s |
|
|
692,061- |
| Previous |
year: |
At |
1 |
,anuary |
lncoming |
Resources |
Gainsand |
|
At31 |
|
|
|
|
2023 |
resources |
expended |
losses |
December |
|
|
|
|
|
|
|
|
|
|
2023 |
|
|
|
|
A |
t |
f |
f |
|
f |
| General |
funds |
|
|
723,644 |
62,244 |
i.8s,267|16,901 |
|
7r7,562 |
|
|
Unrestricted |
Restricted |
Restricted |
Total |
|
funds |
|
funds |
|
|
2024 |
|
2024 |
2024 |
|
t |
|
I |
€ |
| At31December 2024: |
|
|
|
|
| Tangible assets |
336,151 |
|
804,544 |
L,r40,695 |
| Current assets/(liabilities) |
355,910 |
|
25,423 |
381,333 |
|
692,06L |
|
a29,967 |
7,522,028 |
|
Unrestricted |
Restricted |
|
Total |
|
funds |
|
funds |
|
|
2023 |
|
2023 |
2023 |
|
€ |
|
E |
E |
| At31December 2023: |
|
|
|
|
| Tangible assets |
351,106 |
|
427,776 |
1,,178,882 |
| lnvestments |
182,972 |
|
|
742,972 |
| Current assets/(liabilities) |
183,484 |
|
27,044 |
2ro,4a8 |
|
7t7,562 |
|
854,780 |
7,572,342 |
| Cashgeneratedfrom operations |
2024 |
2023 |
|
f |
f |
| Deficit for theyear |
(s0,314) |
(76,367) |
| Adjustmentsfor: |
|
|
| lnvestment income recognisedinstatement of financial activities |
(3,32s) |
(2,3s8) |
| Fairvaluegainsandlosses oninvestments |
(10,29s) |
(16,901) |
| Depreciationandimpairmentoftangible fixedassets |
53,534 |
54,791, |
| Movementsinworkingcapital: |
|
|
| (lncrease) indebtors |
l7O9,723) |
(2,s91) |
| lncrease increditors |
483,707 |
8,71,3 |
| Cashabsorbedbyoperations |
1236,476l. |
134,7L3) |