CHARITY COMMISSION
FOR ENGLAND AND WALES
Trustees, Annual Report for tho perlod
From 1° Aprfl 2023 P•rfod Start dat• To 31" IAar¢h 2024
Perlod end dat•
Charlty nam•: North D•von Tru•t
Ch•rfty rngl•trallon numb•r:267268
Objoctlves and Actlvltle8
Summary of the purpose8
the charity a8 8et out in its
goveming documont
P•r• 1.17
North O•von IAarfOm• PAu••um obJ•¢tlv•
l• th• advanc•m•nt of publlc kn4y*l•dg•
r•g•rdlng th• m•rftlm• hl8tory of North
D•von •nd th• Brf•tol Ch•nn•l.
Th• Charlty provld•• •xhlbftlons and In
ord•r to do •0 w• •cqulr•
Summary of the main
activrtie8 in relats'on to th08•
purpo888 for the wblic
benefit, in particular, th•
8Ctivitie8, project8 or 80rvi
identifW in the account8.
1.17 *x1
Infomart0f1cts rnl•v•nt to th•
marltlm• ar•a and w•
¢oll•cUconJ•rv•nnt•rpr•t and dl•play
th•M ft•m• wlthln th• Mumum. W• al•0
publl•h book• •nd an •nnu•l m•gazln•.
W• al•0 off•r to local 8chool• a Vlctorlan
school pack ¥th CtUrn so th•y can
•nact * Vlctorlan o01r00M •xp•rl•nc•.
W• hav• ••v•rnl tradltkJn•l lo1 boats
•om• ol whlch w• h•v• rn•tor•d and
•om• ar• In th• proco•• of b•lng
r••tor•d. W• go out to14>cal group• and
dlKuM v•rlou• •xhlbtt• w• hold In th•
mumum.
W• hav• a uparat• commltt••, who
undertake ugrant •ppllc•tlon• wlth th•
full knv*l•dg• of th• Tru•t•
At pr•••fft our Inv••lJii•nt• •r•
rlngf•nMd for th• malnt•nanc• of th•
bulldlng and for c•rtaln proJ•cts for
whlch grant• hav• b•on 8ucc•s8fv1ty
galn•d.
Th• Tnwt•M no long•r acc•pt It•m• on
lo•n to the Mus•um but only glfts.
Our voluntoors arn 088entlal to the
op•nlng and runnlng of tho Museum. W•
hav•r 60 or •0 volunts•rn who oryanl•o
the exhlbltlons. promote tho Museum,
answ•r
uorles man the PAuvum durln
tho on hours. organlm stock purchu•
and aui•t in the sho
Th Trusto08 have regard to th• guldanc•
l••ued by th• Charlty Commlmlon on
Publlc B•nefft
Statement confimir*J
vthether th8 trustees have
had regard to the guidanca
issued by the Charty
Commission on wblic
benefit
P•rn 1.18
Addltlonal Inform•Uon Iopllonal)
You ma
choose to include further ststements Th*e reknrrt abcyJt.'
Polty on grant makirvJ
Pw• 1.38
Policy on s181 investment
including program related
investment
Th• voluirto•r• arn Invaluabh to tho
umum •nd wlthoul th•m th• MuMum
could not funcdon. Th•y volunt••r 7
da a wmk from Ea•t•r to •nd of
Octob•r from 10am to Swn. Volunt••r•
carry out mlnor malnt•nanc•, talk to th•
publ1¢ both whllst on th• d•sk and
through oulr•a¢h, Offj•nl and dl•play
•xhlblt•. Carry out r••Mr¢h for th•
publlc, dlgltallm all our art•f•cts, run th•
Fa¢•book pag•, upd*t• th• w•hft•, look
for grnnt opportunltl••- IlalM wlth oth•r
•lmllar org•nl••tlon• •nd promot• th•
mumum - organlu fy•r• and publl¢lty
and h•1 wlth r••tor•tlon
•ct•.
Pw• 1.30
Contribution made by
volunteer8
Other
Achlevements and Performanc•
We appolntod a now Tnts0 to compty
with our Trust Deed. Unfortunat•ly wo
had tho1098 of a furthor trustea and w•
•r• n(Y4V acthty •oeklng • r•pl•¢•m•nL
Summary of the main
athievements of the charrty.
lentfying the dffterence the
charty'8 work ha8 made to
the circum8tsnces of it8
beneficiarie8 and any wider
bonefft• to Sow a8 a
Pw• 120
W• •u¢¢•••lully •ppll•d for grnnt• whlch
•nsured the conllnu•n¢• of th• Museum
and we worn abh to r••torn two top floor
Illng• •nd al•0 mak• up •xhlbtt board•
and volunts•rn eontlnu•d to •nhanc• th•
•xhlblts Prnty on Show.
W• also work•d wlth th• Mugoum of
London Archeology and a8•l•l•d th•m In
worklng wlth ¢hlldr•n In th• arna.
Work conlInu In th• archlv•s and w•
updatod •om• ar•a• of the comput•r
¥t•rn.
of th• Pkaroon•r. Wo w•r• lortun•t•
•nough to 8•cur• a grant w that th•
Plcaroon•r l• t•mporarlly hou••d In
ntaln•r on th• Car p•rk th•1 w•
Th• Mu••um loAn•d to varlou• lo1
hool• art•facts from a Vlctorlan •chool
W• ¢onllnu•d to •ngag• wlth th• publ1¢
vla •ocl•l m•dl• •nd •¢t•d upon r•quMts
for r•wr¢h •nd book •nd *
pr•Mnc• at varfou• local •v•nts.
W• •ngag•d archlt•cts lo mak• pl•n• for
bo•t hou wlthln th• muMum'•
¢urtllag•. Th• Inltjal plannlng
•ubmls•lon vrfa• un•ucc•uful but wa wlll
contlnu• to comuft wlth th• archlt•cts.
th• plannlng authorlty •nd mwnb•rn of
th• publlc. If succemful w• plan to
our r••tor•d bo4 u•• th• •pac• ft•r our
*rchfve t•am and stor*g• of art•facts and
hav• a functlon aroa along•ld•
r•fro•hment arna.
Addftlonal Inforniatlon (optlonal)
You ma
choo88 to indude further Statern kn relevant about:
Achievements against
objectives Set
Perf0mian of furKlraising
activities
ainst o
Investment pwlorman
against obj'ective8
Other
Flnanclal Review
Review of the charitls
finanrial posrtion at the end
of the penod
1.21
Du• to th• mlntsn•nc• of two c•lllng•,
for whlch w• pardy recefvod fundlng our
m*lnt•nanc• co•t• w•r• hlgh y••r
whlch obviously Impactod on our
financlal
Itlon.
Reserves aro h•ld to onsur• tho
mu•oum's bulldlng In malntaln•d
Statement explaining the
licy for holding reserves
statirvJ why are held
Pw• 122
Th• Truste•• kmp a curr•nt account for
g•n•ral lund• - thM• monlM ar• dwfv•d
from •dmlMlon•. *hop •ale• and
don•tlon•. We havo Immodlat• acc•s• to
th•M monl•s. Othw monlo• whlGh ve
com• larg•r
don•tlon•lgrantsll•gxl•• and Int•r••t on
•r•k
In N•t Wmt S•vln
Amount of r•s•rves held
Reasons for holding zero
re8eprfes
Details of furKI materially in
deficit
P•rn 1.22
Pw• 122
Pwa 1.24
Th•r• l• no d•ficlt but th• amount of
mon•y on hand h•• roduc•d
•ubgtantlalty du• to th• c•lllng probl
not•d abov•.
Non•
Explanation of any
uncertainties about the
charity conts'nuing a• a goirvJ
concem
P•• 1.23
Addltlon41 Infomi*tlon (optlonal)
You ma
choose to indude further Statern th reknant about:
Th• ¢hanty'• wlncipal
Sour8 of fund8 (indudirYJ
any fundraising)
Entr*nc• F•M and Donallon•
Pw• 1.47
Inv08tment policy and
oty'ectiv88 including ony
social inve8tment policy
adopted
Pw• 1.41
A de8cription of the wincipgl
ri8k8 faci the chwity
P¥• 1.48
Structure, Governance and Management
Descripts'on of chanty's
trusts..
Typo of governing document
Pw4125
How is the charity
con8titutsd?
P*rn125
Tru•t
aled
Trustee selection methcMJ8
induding details of any
con8trtutional yovisi(In8 e.g.
election to post or name of
any per80n or body entitled
to appoint one or more
trustees
Our Trustees ar• local to the arna and arn
known to have a spoclfic Intern•t In tho
lumum and Its obA•thM. A n•
Tnt•• wlll l>• Invlt•d lo •tt•nd i m••tlng
and to provlde a CV. All tnt••1 h•v•
Insuranc• Ind•mnlty.
Addltlonal Informauon loptlonal)
You ma
Policie8 and yocedur88
adopted for the induction arKI
training of trustees
Ptt* 1.51
The charlty'• orgAni•ational
structure and any wider
netrwork Imth whth the
charty work8
Pw• 1.51
Relation8hip with any rnlat•d
parties
P*• 1.51
Other
Reference and Admlnl8tratlve detsOI8
Cha
name
Other name the cha
istered cha
number
Chanty'8 pnncipal address
North Dèvon Museurn Tru¥t
North Devon Maritime Museum
267268
Odun House
Odun Road
Appledore EX39 1PT
Namm of th• ¢h•rtty tru•t••• who m•na90 tho charlty
Offlc• Ilf *ryl
M•m• of p•rnon lor body) •ntltt•d
Ilan
Committee Members
Peter Christie
114r23-21r2r24:
Adrian Wills
Committee Members
Committee Members
Commrttoe Member8
Barry E(*ward8
Chri8topher Preece
Jane Whtrttaker
Note.. apwnted 1114r24
to re¢8 P.Chri8be
10
11
12
13
14
15
18
17
18
19
20
rale tru8tee8 - name8 of the direct¢Y8 al the date the
Dlr•ctor rnm•
Nama of tru8t•e8 holding trtlo to FXOPty be11r4 to thè <*wity
Peter Christie
114r2&21r2r24'. deceased
ThIS IS BEING CHANGED
TO REFLECT THE
CHANGES IN THE
TRUSTEES
Adrian Wills
Ba
Edwards
Funds held as custodian trustees on behalf of others
OesGription of the assets
held in this capaaty
Nam8 and objects of the
charity on whose behalf the
assets are held and how this
falls within the cu8t<)dian
chanty's obje¢t8
Details of arraTrJement8 for
safe custody arKI
segregation of Such a84et8
Addltlon•l Infomiallon (optlonal)
Namv and •ddr••••• of •dvl••r• (Optlonal Inf0MnI
Type of
Nam•
Addr•
advlmr
N•m• of chl•f •xKutfv• or nam•• of ••nlor •taff m•mb•rn (Optloml Infonnatlon)
Examptlon8 from dl8clo8urn
Rea8on for non4i8dosur• of ke
nnel detall8
Other o
onal Inforniatlon
Doclaratlons
Th• tru•t•M dlaT• that thy hav• approv•d th• tru•t•••' r•port abov•.
Slgn•d on b•h•lf of th• charW• tru•tM•
Slgnaturn(•)
Full namal•)
Po•ltlon (•g S•cr•tary,
Chalr, •tc)
BAERY fiTIMEEtQ6a6
Li%rrfPM¢e P/LfÉcLF
rrzo 3f
I I I
|NORTH DEVON MUSEUM TRUST
(NORTH DEVON MARITIME MUSEUM)
Income and Expenditure Account for the year ended
31st March 2024|NORTH DEVON MUSEUM TRUST
(NORTH DEVON MARITIME MUSEUM)
Income and Expenditure Account for the year ended
31st March 2024|NORTH DEVON MUSEUM TRUST
(NORTH DEVON MARITIME MUSEUM)
Income and Expenditure Account for the year ended
31st March 2024|NORTH DEVON MUSEUM TRUST
(NORTH DEVON MARITIME MUSEUM)
Income and Expenditure Account for the year ended
31st March 2024|
|---|---|---|---|
|||2023/2024|2022/2023|
|Income||||
|Book Sales||616.47|1158.92|
|ShopSales||2706.53|1742.57|
|Costs of Book,ShopSales & stock write-down||-1232.11|-1085.67|
|Profit / Loss on Sales||2090.89|1815.82|
|(% of Profit)||62.92|62.58|
|Admission Fees||14798.34|13639.80|
|Victorian School Admissions||294.00|45.00|
|Donations and Grants*||10095.49|7323.04|
|Friends Subcriptions||754.00|720.00|
|Outreach/Fundraisin/Research||200.00|27.00|
|Interest||945.32|308.10|
|TOTAL CASH LESS MONIES PAID IN||||
|Miscellaneous - EDF CREDIT||148.18|44.27|
|TDC CAR PARK REIMBURSEMENT||4727.54|5206.95|
|Total income||34053.76|29192.56|
|||||
|Expenditure||||
|||||
|publicity/agm/printingheritage||1186.64|888.86|
|Equipment Depreciation||683.38|870.1|
|pettycash||0.00|0|
|Card machine fees||288.03|199.89|
|cleaning||100.00|384.69|
|archive||556.56|946|
|boat house ARCHITECT AND PLANNING FEES||6209.60|125.58|
|Administration||3120.00|3120|
|Insurance||1870.23|1555.19|
|Stationery, postage & computer supplies|||53.5|
|Maintenance||33580.16|1299.21|
|Utilities||2781.00|1483.81|
|Water||504.00|313.5|
|Telephone and Internet||714.24|87.6|
|WEBSITE HOST||576.00||
|Professional fees||55.12|414.11|
|Memberships||35.00|15|
|Exhibits||5005.81|4882.34|
|Total Expenditure||57265.77|16639.38|
|SURPLUS/(DEFICIT)||-23212.01|4406.01|
INCL ZETTLE FEES ADDED BACK
|Balance Sheet as at 31/03/2024|£
£
63.60
25.87
18732.85
71299.22
90057.94
90121.54
156673.00
6606.98
-5728.58
1954.00
-1561.60
157943.80
248065.34
271277.35
-23212.01
248065.34
0.00
0.00|£
£
63.60
25.87
18732.85
71299.22
90057.94
90121.54
156673.00
6606.98
-5728.58
1954.00
-1561.60
157943.80
248065.34
271277.35
-23212.01
248065.34
0.00
0.00|£
£
63.60
25.87
18732.85
71299.22
90057.94
90121.54
156673.00
6606.98
-5728.58
1954.00
-1561.60
157943.80
248065.34
271277.35
-23212.01
248065.34
0.00
0.00|
|---|---|---|---|
|Assets||£|£|
|Current Assets||||
|Stock at cost lessprovision|||63.60|
|Cash and cash equivalents||||
|Cash in hand||25.87||
|Current account||18732.85||
|Business Reserve||71299.22||
|Total Current Assets|||90057.94|
|Current Liabilities||||
|Accrued Expenses||||
|||||
|Net current assets|||90121.54|
|||||
|Non current assets||||
|Building|||156673.00|
|Office equipment: Cost|||6606.98|
|dpn|||-5728.58|
|||||
|Flagpoles|||1954.00|
|dpn|||-1561.60|
|||||
|Non current assets total|||157943.80|
|||||
|Total net assets|||248065.34|
|||||
|Accumfunds b/f|||271277.35|
|||||
|Surplus/(Deficit)|||-23212.01|
|||||
|Accumfunds c/f|||248065.34|
|||||
List of Donations and grants
|||£|£|£|£|£|
|---|---|---|---|---|---|---|
|APPLEDORE LAND TRUST||600|||||
|GEOFF HUMPHRIES||363.75|||||
|BOOK FESTIVAL||550|||||
|HEADLEY TRUST||5000|||||
|MUSEUM OF LONDON ARCHAELOGY||100|||||
|NORTH DEVON COAST||2050|||||
|MAURICE HOGG LEGACY||1000|||||
|MISC DONATIONS||256.74|||||
|COMPANY OF ARTS||175|||||
||||||||
|||10095.49|||||
|2023/2024|||||||
||||||Accumulated|NBV|
|||Cost 01/04/2023|Additions|Cost 31/03/2024|depreciation||
|IT Equipment||1261.98||1261.98|701.98|560.00|
|Multimedia screen||1540||1540|1540.00|0.00|
|Projector,Scanner,Computer(2015/16)||500||500|500.00|0.00|
|Audio Equipment(2018/19)||825||825|825.00|0.00|
|Desk
Izettle card machine
Total of Office equipment||1584
896
6606.98
0||1584|1265.60
318.40
896.00
0.00
5728.58
878.40|318.40|
|||||896|||
|||||6606.98|||
|Flagpole||1954
1561.60
392.40|||||
|Building shown at cost of purchase March 2016 plus Portco additon.
2023/ 2024 Depreciaton charged at 30%per annum on projector and audio equipme
10% per annum on desk and fagpole
No depreciaton charge in year of acquisiton
Depreciaton charge foryear|||||||
|Audio Equipment||0.00|||||
|Desk||158.40|||||
|Card machine||89.60|||||
|Flagpole||195.40|||||
|TOTAL||443.40|||||
|Closing stock comprises shop stock at cost and a stock of books.
Many books have been held for many years and therefore have a
potentally low (nil) realisable value.|||||||
|Shopstock||84.64|||||
|Book stock||7770.57|||||
|Stock at cost||7855.21|||||
|Many books have been held for many years and therefore have a
potentally low (nil) realisable value. A provision for slow moving and obsolete
stock has therefore been agreed
Stock at cost
Provision
Stock valuaton|||||||
|Cost of sales computed as follows:|||||||
|Openingstock||306.16|||||
|Purchases||989.55|||||
|Closingstock||63.60|||||
|Cost of sales||1232.11|||||
|Benefts In Kind
The Museum received 6701 hours during the year from volunteers
including archiving. Research, maintenance and commitee work
The value to the Museum at the Minimum wage of £10.42 per hour was £69824.42.|||||||
Visitors Numbers
The Museum received 4978 visitors during the year. This includes visitors to the Museum itself, school parties, research and enquiries
Date: Signed: Fiona Cousins
Audit Certificate I have examined the books of the North Devon Maritime Museum. In my opinion proper Books of Account have been kept and these give a true and fair view of the financial affairs of the Museum, the surplus for the year ended March 2024 and the assets and liabilities at that date. A full audit has not been carried out. Date: 04/07/2024 Signed: Stephen Taylor
## BANK INTEREST
|BUSINESS RESERVE - NAT WEST||b/f|
|---|---|---|
|28-Apr-23|54.93||
|1-Jun-23|68.38||
|30-Jun-23|66.61||
|31st July 2023|79.34||
|1-Sep-23|84.07||
|29-Sep-23|81.46||
|Oct-23|89.99||
|Nov-23|84.47||
|Dec-23|81.75||
|Jan-24|93.14||
|Feb-24|81.96||
|Mar-24|79.22||
||945.32||
|CCLA ACCOUNT|||
|VALUATION (NOT INTEREST) AS AT 31ST DECEMBER 2023|0.93||
70353.9
945.32
71299.22
0.93
71300.15
|NORTH DEVON MUSEUM TRUST
(NORTH DEVON MARITIME MUSEUM)
Income and Expenditure Account for the year ended
31st March 2024|NORTH DEVON MUSEUM TRUST
(NORTH DEVON MARITIME MUSEUM)
Income and Expenditure Account for the year ended
31st March 2024|NORTH DEVON MUSEUM TRUST
(NORTH DEVON MARITIME MUSEUM)
Income and Expenditure Account for the year ended
31st March 2024|NORTH DEVON MUSEUM TRUST
(NORTH DEVON MARITIME MUSEUM)
Income and Expenditure Account for the year ended
31st March 2024|
|---|---|---|---|
|||2023/2024|2022/2023|
|Income||||
|Book Sales||616.47|1158.92|
|ShopSales||2706.53|1742.57|
|Costs of Book,ShopSales & stock write-down||-1232.11|-1085.67|
|Profit / Loss on Sales||2090.89|1815.82|
|(% of Profit)||62.92|62.58|
|Admission Fees||14798.34|13639.80|
|Victorian School Admissions||294.00|45.00|
|Donations and Grants*||10095.49|7323.04|
|Friends Subcriptions||754.00|720.00|
|Outreach/Fundraisin/Research||200.00|27.00|
|Interest||945.32|308.10|
|TOTAL CASH LESS MONIES PAID IN||||
|Miscellaneous - EDF CREDIT||148.18|44.27|
|TDC CAR PARK REIMBURSEMENT||4727.54|5206.95|
|Total income||34053.76|29192.56|
|||||
|Expenditure||||
|||||
|publicity/agm/printingheritage||1186.64|888.86|
|Equipment Depreciation||683.38|870.1|
|pettycash||0.00|0|
|Card machine fees||288.03|199.89|
|cleaning||100.00|384.69|
|archive||556.56|946|
|boat house ARCHITECT AND PLANNING FEES||6209.60|125.58|
|Administration||3120.00|3120|
|Insurance||1870.23|1555.19|
|Stationery, postage & computer supplies|||53.5|
|Maintenance||33580.16|1299.21|
|Utilities||2781.00|1483.81|
|Water||504.00|313.5|
|Telephone and Internet||714.24|87.6|
|WEBSITE HOST||576.00||
|Professional fees||55.12|414.11|
|Memberships||35.00|15|
|Exhibits||5005.81|4882.34|
|Total Expenditure||57265.77|16639.38|
|SURPLUS/(DEFICIT)||-23212.01|4406.01|
INCL ZETTLE FEES ADDED BACK
|Balance Sheet as at 31/03/2024|£
£
63.60
25.87
18732.85
71299.22
90057.94
90121.54
156673.00
6606.98
-5728.58
1954.00
-1561.60
157943.80
248065.34
271277.35
-23212.01
248065.34
0.00
0.00|£
£
63.60
25.87
18732.85
71299.22
90057.94
90121.54
156673.00
6606.98
-5728.58
1954.00
-1561.60
157943.80
248065.34
271277.35
-23212.01
248065.34
0.00
0.00|£
£
63.60
25.87
18732.85
71299.22
90057.94
90121.54
156673.00
6606.98
-5728.58
1954.00
-1561.60
157943.80
248065.34
271277.35
-23212.01
248065.34
0.00
0.00|
|---|---|---|---|
|Assets||£|£|
|Current Assets||||
|Stock at cost lessprovision|||63.60|
|Cash and cash equivalents||||
|Cash in hand||25.87||
|Current account||18732.85||
|Business Reserve||71299.22||
|Total Current Assets|||90057.94|
|Current Liabilities||||
|Accrued Expenses||||
|||||
|Net current assets|||90121.54|
|||||
|Non current assets||||
|Building|||156673.00|
|Office equipment: Cost|||6606.98|
|dpn|||-5728.58|
|||||
|Flagpoles|||1954.00|
|dpn|||-1561.60|
|||||
|Non current assets total|||157943.80|
|||||
|Total net assets|||248065.34|
|||||
|Accumfunds b/f|||271277.35|
|||||
|Surplus/(Deficit)|||-23212.01|
|||||
|Accumfunds c/f|||248065.34|
|||||
List of Donations and grants
|||£|£|£|£|£|
|---|---|---|---|---|---|---|
|APPLEDORE LAND TRUST||600|||||
|GEOFF HUMPHRIES||363.75|||||
|BOOK FESTIVAL||550|||||
|HEADLEY TRUST||5000|||||
|MUSEUM OF LONDON ARCHAELOGY||100|||||
|NORTH DEVON COAST||2050|||||
|MAURICE HOGG LEGACY||1000|||||
|MISC DONATIONS||256.74|||||
|COMPANY OF ARTS||175|||||
||||||||
|||10095.49|||||
|2023/2024|||||||
||||||Accumulated|NBV|
|||Cost 01/04/2023|Additions|Cost 31/03/2024|depreciation||
|IT Equipment||1261.98||1261.98|701.98|560.00|
|Multimedia screen||1540||1540|1540.00|0.00|
|Projector,Scanner,Computer(2015/16)||500||500|500.00|0.00|
|Audio Equipment(2018/19)||825||825|825.00|0.00|
|Desk
Izettle card machine
Total of Office equipment||1584
896
6606.98
0||1584|1265.60
318.40
896.00
0.00
5728.58
878.40|318.40|
|||||896|||
|||||6606.98|||
|Flagpole||1954
1561.60
392.40|||||
|Building shown at cost of purchase March 2016 plus Portco additon.
2023/ 2024 Depreciaton charged at 30%per annum on projector and audio equipme
10% per annum on desk and fagpole
No depreciaton charge in year of acquisiton
Depreciaton charge foryear|||||||
|Audio Equipment||0.00|||||
|Desk||158.40|||||
|Card machine||89.60|||||
|Flagpole||195.40|||||
|TOTAL||443.40|||||
|Closing stock comprises shop stock at cost and a stock of books.
Many books have been held for many years and therefore have a
potentally low (nil) realisable value.|||||||
|Shopstock||84.64|||||
|Book stock||7770.57|||||
|Stock at cost||7855.21|||||
|Many books have been held for many years and therefore have a
potentally low (nil) realisable value. A provision for slow moving and obsolete
stock has therefore been agreed
Stock at cost
Provision
Stock valuaton|||||||
|Cost of sales computed as follows:|||||||
|Openingstock||306.16|||||
|Purchases||989.55|||||
|Closingstock||63.60|||||
|Cost of sales||1232.11|||||
|Benefts In Kind
The Museum received 6701 hours during the year from volunteers
including archiving. Research, maintenance and commitee work
The value to the Museum at the Minimum wage of £10.42 per hour was £69824.42.|||||||
Visitors Numbers
The Museum received 4978 visitors during the year. This includes visitors to the Museum itself, school parties, research and enquiries
Date: Signed: Fiona Cousins
Audit Certificate I have examined the books of the North Devon Maritime Museum. In my opinion proper Books of Account have been kept and these give a true and fair view of the financial affairs of the Museum, the surplus for the year ended March 2024 and the assets and liabilities at that date. A full audit has not been carried out. Date: 04/07/2024 Signed: Stephen Taylor
## BANK INTEREST
|BUSINESS RESERVE - NAT WEST||b/f|
|---|---|---|
|28-Apr-23|54.93||
|1-Jun-23|68.38||
|30-Jun-23|66.61||
|31st July 2023|79.34||
|1-Sep-23|84.07||
|29-Sep-23|81.46||
|Oct-23|89.99||
|Nov-23|84.47||
|Dec-23|81.75||
|Jan-24|93.14||
|Feb-24|81.96||
|Mar-24|79.22||
||945.32||
|CCLA ACCOUNT|||
|VALUATION (NOT INTEREST) AS AT 31ST DECEMBER 2023|0.93||
70353.9
945.32
71299.22
0.93
71300.15