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|Statement of Financial|Statement of Financial|Activities|(including|surnrnary
income|surnrnary
income|and expenditure|and expenditure|account)||
|---|---|---|---|---|---|---|---|---|---|
|||Forthe|year ended|31December 2020||||||
|||||~ut|i|lallKlaI||||
||||||Funds|Funds||2020|2019|
|Income and Expenditure|||Note||E|E||6|E|
|Income||||||||||
|Donations,
Gifts and Grants|||||41,696|||41,696|17,148|
|Museum
and Mill Receipts|||||13,413|||13,413|72,679|
|Rent Receivable|||||12,200|||12,200|8,900|
|Investment
Income|||||301|||301|765|
|Total|||||67610|||6~7610|9~9492|
|Expenditure||||||||||
|Direct Charitable
Expenditure|||2||34,762|8,500||43,262|58,506|
|Fundraising
and Marketing|||3||1,622|0||1,622|5,794|
|Management
and Administration|||4||6069|0||~6069|12784|
|Total|||||42453|8500||~50953|77083|
|Net Income/(expenditure)|forthe Year||||25,157|-8,500||16,657|22,409|
|Transfer between funds||||||||0|0|
|Net movement
in funds|||||25,157|-8,500||16,657|22,409|
|Reconciliation
offunds||||||||||
|Total funds brought
forward||||2 525814||63474|2|589288|~2566879|
|Total funds carried forward||||2 550971||~54974|~2605945||~58 2|
##
||||2020|||2019||
|---|---|---|---|---|---|---|---|
|||Note|6|||||
|Fixed Assets||||||||
|Tangible Assets||||2,307,409||2,305,620||
|Current Assets||||||||
|Stocks|||6,100|||4,935||
|Debtors|||227|||3,868||
|Cash at Bank|and in Hand||299641|||282 077||
||||305,968|||290,880||
|Creditors||||||||
|Amounts
falling due within||||||||
|one year|||~7432|||~7212||
|Net Current|Assets||||~298536||~283668|
|Net Assets||||2|5 45|~2589288||
|Funds||||||||
|Unrestricted||||1,291,817||1,266,660||
|Restricted|||||54,974||63,474|
|Revaluation|reserve|||~159 54||1|259154|
|Total Funds|||||05 45|~2589288||
##
##
##
||||||||unrestricted|unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|2|Direct Charitable|||Expenditure|||Funds||Funds|2020|2019|
|||||||||||f|f|
||Depreciation|||||||275||275|345|
||Milling Costs||etc|||||3,214||3,214|15,710|
||Insurance|||||||8,461||8,461|6,937|
||Utilities|||||||5,613||5,613|3,422|
||Wages and salaries|||||||1,200||1,200|5,109|
||Repairs and|renewals||||||15,998|8,500|24,498|24,982|
||Management||fee|||||0||0|2000|
|||||||||34762|8500|4~3262|~58506|
|3|Fundraising|and Marketing||||||||||
||Marketing
Fundraising|||||||414
1208||414
4,185
~12081609||
|||||||||1622|0|~1622|~5794|
|4|Management||and|Administration|||ofthe Charity|||||
||Administration||expenses|||||3,617||3,617|5,542|
||Management||fee|||||0||0|2,000|
||Legal and professional||||fees|||1,092||1,092|3,992|
||Independent||Examiner|||||1360||~1360|~1250|
|||||||||6069|0|6069|12784|
||The trust employs|||a part-time||cleaner at Little Hall||and two|part-time|staff members|at|
||Pakenham
Water|||Mill.|Total staff||costs amounted|tof3,694||||
|5 Tangible
Fixed Assets|5 Tangible
Fixed Assets|5 Tangible
Fixed Assets||||||||2020|2020|2019|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||FREEHOLD PROPERTY||||EQUIPMENT|||||||
|||Little Hall|Pakenham||Thelnetham|l.ittle Hall|Pakenham||||||
||||Water Mill||Windmill||Water Mill||||||
|Cost/Valuation|||||||||||||
|At 1January 2020||1,000,000|1,204,242||100,000|29,749||13,251|2,347,242|||2,343,000|
|Additions||0|~2064||0|0||0||2,064||4242|
|At 31December 2020||1000000|~20
3||100000|29749||13251|2~49||306|2~47 242|
|Depreciation|||||||||||||
|At 1January 2020||||||29,442||12,180||41,622||41,277|
|Charge for the Year||||||61||214|||275|345|
|At 31December 2020||||||29503||12394||~41|897|41622|
|Net Book Value||~10000|1206306||~100000|246||857|~7|||2 305620|
|All three properties|were|valued on 30 May 2017|||by J CCasson FRICS, an independent
valuer||||as|defined|||
|in the RICS Valuation|and|Professional|Standards||2014.||||||||
|At the request ofthe Area Museum
Service, the following
Clause 3swas added|||||||to the Memorandum||||||
|and Articles ofAssociation||at the Annual
General|||Meeting
in 1990:||||||||
|"Topreserve intact|any contents such||as furniture,||paintings,
objects and any||other|exhibits|||||
|historically
associated with the Trust's
items. "|||individual|properties, to buy or acquire|||further associated||||||
|6|Movement|in Resources|||||||
|---|---|---|---|---|---|---|---|---|
||Unrestricted
Funds||Balance|||||Balance|
||||1.1.2020|~lncomin|~Out|oin|Transfer|31.12.2020|
||General
Fund||1,092,796|67,610|42,453||113864|1,231,817|
||Designated|Funds:|||||||
||Pakenham|Water Mill|79,496|0||0|-67,496|12,000|
||Tl'ust||0|0||0|15,000|15,000|
||Little Hall||68,685|0||0|-43,685|25,000|
||Thelnetham|Windmill|25 683|0||0|-17683|8000|
||||1266 660|67610|42453||0|~1291 17|
||Designated|Funds:|||||||
||Pakenham|Water Mill|External redecoration|||||12,000|
||Trust||work relating|to acquisitions||||15,000|
||Little Hall||Quinquennial|report work||||25,000|
||Thelnetham|Windmill|Improvements/maintenance||projects|||8000|
|||||||||60000|
||||Balance|||||Balance|
||||1.1.2020|~lncomin|O~ut|oin||31.12.2020|
|7|Restricted|Funds|||||||
||Little Hall||17,714|||8,500||9,214|
||Pakenham|Windmill|44,000|||0||44,000|
||Thelnetham|Windmill|1760|||0||1760|
||||~63474|||8500||~54974|
||||PAGE 11||||||
##
##
|Revaluation
reserve||||||
|---|---|---|---|---|---|
|||FREEHOLD PROPERTY||||
||Cost||Revaluation|Total|2019|
||||reserve|||
|Cost/Valuation||||||
|At 11anuary 2020|1,045,088||1,259,154|2,304,242|2,300,000|
|Additions|2,064||0|2,064|4,242|
|Revaluation||0|0|0|0|
|At31December 2020|~1047|152|~1259154|2 306306|2 304242|
##
|Analysis|o|fNet Asset|s between|Funds|||||
|---|---|---|---|---|---|---|---|---|
|||||Tangible|Revaluation|Net|Net|Total|
|||||Fixed|Reserve||Current||
|||||Assets|||Assets||
|General|Fund|||2,307,409|1,259,154|1,048,255|183,562|1,231,817|
|Designated||Funds|||||60,000|60,000|
|Restricted||Funds:|||||||
|||Little Hall|||||9,214|9,214|
|||Thelnetham
Pakenham|Windmill
Windmill|ZZKKR|~|~04825|1,760
44000
298536|1,760
44000
1346791|