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||Page|
|---|---|
|Trustees'report|1-5|
|lndependent examiner'sreport|6|
|Statementoffinancial activities|7|
|Balancesheet|8|
|Statement ofcashflows|9|
|Notestothe financial statements|to-23|





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|||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<br>movementinfunds||(2s,s01)124,8L3)(s0,314)16,122ll7o,24sl(76,367)||||||
|Reconciliation offunds:||||||||
|Fund balancesatlJanuary<br>2024||717,562854,780!,572,342723,6a4925,025r,648,709||||||
|Fund balancesat31December||||||||
|2024||692,061829,9677,522,0287L7,562854,780r,572,342||||||





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|||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|





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|||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|





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||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|





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||Lectureahd<br>SVmposium|Museum and|MEND|Total<br>2024|Lecture and Quiz andotherMuseum and<br>Symposium<br>library|Lecture and Quiz andotherMuseum and<br>Symposium<br>library|Lecture and Quiz andotherMuseum and<br>Symposium<br>library|Total<br>2023|
|---|---|---|---|---|---|---|---|---|
||2024|2024|2024||2023|2023|<br>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,|





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|||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'*|





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|2024|2023|
|---|---|
|Number|Number|
|2|2|



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||Unrestricted|lJnrestricted|
|---|---|---|
||funds|funds|
||2024|2023|
|Gains/(losses)arising on:|f|f|
|Revaluation of investments|10,295|16,901|



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|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|||<br>5,247|1-,1-40,695|
||At31December2023|1T''*|_i11||_:*^|',::::|





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||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|





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|creditors:amountsfallingduewithinoneyea.|||
|---|---|---|
||2024|2023|
||f|€|
|other taxationand socialsecurity|705||
|Accrualsand deferred income|498,815|15,813|
||499,520|15,813|





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|||||Movementin|funds|||Movementinfunds|Movementinfunds||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||Balanceat|lncoming|R6ources|<br>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)|||40,032|
|Designated<br>fund||52L,642||||16,901538,543|||||10,295548,838||
|Designated<br>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|'::::|





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|||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|



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||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|





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|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)|