THE KEW BRtDCE ENGINES TRUST AND WATER SUPPLY MUSEUM LTD
(trading as "LoDdon Museum olW#ter & Steam")
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
COLLARDS
Chartered AetOllDtants
9 Edett Street
KiDgston-Upoft-Thames
Surrey
Icri IBQ
"JAEIRK8X*
2910912021
COMPANIES HOUSE
#241

THE KEW BRIDGE ENGINES TRUST AND WATER SUPPLY MUSEUM LTD
(tr*diAg ￿ "14)ndon Museum of W*ter & Steam")
INDEX TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
Page No.
14
Report of the Trustees
5-8
Report of th¢ Independent Auditors
Consolidated Statement of Financial A¢tivittes
10
Consolidated Balance St￿1
Company B￿ance Sheet
12-18
Notes io the Financial Siatemenis

THE KEW BRIDGE ENGINES TRUST AND WATER SUPPLY MUSEUM LTD
{trading gs "L¥>ndon Museum of Water & Steam")
COMPANY INFORMATION
FOR THE YEAR ENDED 310ECEMBER2020
CO4HAJRS:
Ms C Grist Taylor
Mr E Stannard
REGISTERED OFFICE:
Kew Bridge Steam Museum
Green Dragon Lan¢
Brertiford
Middlesex. TW8 OEN
TRUSTEES:
Mr Edward Stannard
Mr Peter Roland
Ms Clare Grisi Taylor
Mr Frederick Hollom
Mr Benjamin Russell
SECRETARY..
Mr Frederick Hollom
REGISTRATION NUMBER:
1190608
CHARITY NUMBER:
269285
MUSEUM NUMBER:
32
AUDITORS:
COLLARDS
5-9 Eden Street
Kingsion-up)n-Thames
Surrey
KTI IBQ

THE KEW BRIDGE ENGINES TRUST AND WATER SUPPLY MUSEUM LTD
(tr¥ding *$ "IA)Ddon Museum of Water & Steam")
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2020
The Trustees have ple&sure in submitting their annual report and financial statements for the year
ended 31 December 2020. They have adopted the provisions of the Statement of Recommended
Practice applicable to chariiies preparing their accounts in accordance with the Financial Reporting
Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015).
OBJEcfs OF THE CHARITY
The Trust is established=
To operate and maintain the London Museum of Water and Steam. in order to advance education of
the public in understsnding and appreciating the social. economic and technological history of
London's water 5uppIy> and the role clean water played in making London the city it is today.
To p￿SerVe and ¢onserve for th¢ public benefiL the site of the Kew Bridge Waterworks. its historic
buildings and its colle¢tion of ¢ngin¢s and other artefacts a$s￿lated with the history of London's
waier supply.. and
To educate the public in other subjects of industrial archaeological importance.
STRUCTURE
We are a limited company (no. 1190608), limited by guarantee rather ihan share capital. and
registered &5 a chariry (no. 269285). The company's wholly owned subsidiary, Historic Stearn Ltd, is
engaged in trading activities of the museum.
The trust is run by a board of Trustees consisting of Chair. Treasurerlsecrelary, and up to eight
(currently three) other Trustees. Trustee5 have e￿ablIShed commirtees for Compliance. Colle¢tions,
and Income to LSSjSI in effective management of the charity. E8ch of the Committees is chaired by
Trustee. The Trustees meet regularly 10 receive lh¢ reports and recommendations of its Committees
and io conduct the business of the Charity- All decisions are taken following a vote.
Trnstee during and since the year under review were:
C Grisi Taylor
crthair
E Stannard
C(FChair
F Hollom
P Roland
B Russell
G Houston
C Jones
O (Y Leary
O Pearcey
E Power
Resigned 24 September 2020
Resigned 24 January 2020
Resigned 23 July 2020
Resigned 24 September 2020
Re$l￿ed 23 July 2020
Page I

THE KEW BRIDGE ENGINES TRUST AND WATER SUPPLY hfUSEUM LTD
{tr*ding #s "London Museum of Water & Steam")
REPORT OF THE TRUSTEES (continued)
FOR THE YEAR ENDED 31 DECEMBER 2020
FINANCIAL POSITION
The Consolidaied Staiement of Financial Activities on page 9 shows a surplus on unrestri¢i¢d funds of
£34.555 after transferring £55.925 to designated funds. This cornpares with a deficit of £4.070 in 2019.
Resources expended amounted to £168,824 compared with £366.594 in 2019.
Unre51rict¢d funds ai the end of the year ￿00d at £148.232 and total funds ￿ £221.732.
SIGNIFICANT EVENTS
2020 was characterised more than ar]ything by the Covid-19 pandemi¢. After a promising start to the year, we
¢losed our doors to visitors and volunteers on 15rh March. losing 89Vo of our income stream ovemight.
Although we were able to offer free outside acce5S to visitors over the summer. and worked hard to plan for a
safe indoor visitor route. a series of lockdowns meant that we were able to open fully for only 13 days during
the rest of the year.
When the pandemic hit, our focus turned io minimising costs. working closely wilh stakeholders like our
tenants and our Members and securing ernergency funding from a wide range of sources, including Hounslow
Council. Arts Council England. Thames Water. Southwest Rail Community Fund. Creative Land Trust and
the National Lottery Heritage Fund. Through a judicious use of the government's Job Retention Scheme and
successful fundraising efforts, we were able to weather the immediate storn). delivering along the way a series
of projects and initiatives that have reinforced our community focus and improved out infrastructure for the
long¢r term.
It's an approach and focus that we've continued durin8 the firsi half of 2021. At the time of writing, we are
again open- on a managed b8sis- for community groups. volunteers and visitors 8nd are starting the long
process of re-building relationships with all of our audienc¢5.
RESERVES
'I'he policy ot. th¢ .1 rusr Coniinues to be to maintain. as tsr as possible. unresiricied reserves at a level in
excess of £50,000. The Trust will ¢oniinue io seek external funding for all major restoration projects, and in
Ihe light of recent evenls and success¢s in revenue fund raising will be assessing whether we should be
aiming at a higher level of unrestricted reserves to be funded both through irading surpluses and spKcific grant
fundin&
Page 2

THE KEW BIUDGE ENCINES TRUST AND WATER SUPPLY MUSEUM LTD
(trading as 'L￿ndOn Museujn of Water & Sieam")
REPORT OF THE TRUSTEES (coTrtlDued)
FOR THE YEAR EI¥DED 31 DECEMBER 2020
RISK MANAGEMENr
The risks identified by the Trusiees fall under two main headings..
i) Operational Risks
The Major risk here is to the health and safety of staff, volunteers and visitors. In addition to the
new risks associated with reThopening a public attraction in the teeth of a pandemic, there are the
sp¢cifi¢ risks arising from the operation of large machinery, pr¢ssure vessels and moving
vehicles, as well as the more general ones arising from the public opening of any hisioric
buildings. The limrted numbers of onsite staff and unpredictable Covid related restrictions
means that operation of the museum ￿ntInueS to be vulnerable to interruplion at short notice.
The Trust has established a specific Compliance Committee to address health and safety, ond the
Direetor ha5 specific r¢levant experience from previous employment. The best advice is sought
from Gov¢mment. other Museums and other siies opening to the public. and funding is secured
to deliver any necessary physical changes and appropriate iraining.
li) Financial Risk
The Trust ha5 always been dependent for its financial survival on its operalional income
supplemented by donations from Members and other supporters and grants for larger ¢apito1
projects. The impact of the pandemic has thrown sharply into relief the need to review ihe
reserves policy and to look much harder at the scope for raising grant to supp)rt our revenue
activities. The Board has esiablished an Income Committee to look ID detail at fundraising
strategy for the future supported by a part time fund raising post.
PUBLIC BENEFIT
lrt September 2020. Members adopted a new constitution. which incorporates revised Charity Commission
approved chariiable objects (see above) and reinforces our commitment to delivering publi¢ benefit to, and
in association with, our stakeholders and partners.
TRUSTEES RESPONSIBILITIES
Company Law requires the Trusiees to pr¢par¢ financial statemenis for ea¢h financial year. Under that law
the Trustees have elected to prepare the finan¢ial st*ements in a¢¢ordan¢e with applicable law and United
Kingdom Accounting Standards (Uniied Kingdom Generally Accepted A¢¢ountin8 Practice), including
Financial Reporting Standard 102 "The Financial Reportirtg Stsndard applicable in the UK and republic of
Ireland" Under company law the Trustees must not approve the financial statcm¢nis unless they are
satisfied that they give a true and fair view of the state of affairs and of the profit or loss of the Company for
that period. In preparing these financial stsiem¢nts ihe Trustees are required to:
select suitsble accounting policies and apply them ¢onsistently-
make judRements and esiimates thw ore rwonable ond prudent-
state whether applicable accounting standards have been followed. subject to any malerial
departures disc105ed and ex¢)lained in the financial siaiements-
prepare the financial statements on a going concern basis unless it is inappropriate to presume
thai the company will continue in bwiness.
Page 3

THE KEW BRIDGE ENCINES TRUST AND WATER SUPPLY MUSEUM LTD
(trading as "LoDdon Museum of Water & Steam")
REPORT OF THE TRUSTEES (continued)
FOR THE YEAR ENDED 31 DECEMBER 2020
TRUSTEES RESPONSIBILITIES {contiAu¢d)
The Trustees are responsible for keeping adequate accounting records that.are sufficient to show and
explain the ¢ompany's transactions and disclose with reasonable accuracy at any time the financial position
of the company and to enable them to ensure that the financial stsiemenis comply wi(h 1he Companie5 Act
2006. They are also responsible for safeguarding the assets of the ¢ompany and hence for tsking steps for
the prevention and detection of fraud and other irregulariiies.
STATEMENT AS TO DISCLOsu￿s OF INFORMATION TO AUDfTORS
So far as the Trusiees ar¢ aware. there is no relevant audit inforniation (as defined by Section 418 of the
Companies Aci 2006) of whi¢h the compan￿5 auditors are unaware. and the Trustees have taken all the
eps that oughi to have been tsken in order io make themselves Awore of any relevant audil inforniation and
to establish thai the company's auditors are aware of that inforniation.
AUDITORS
A resolution to re-appoint Collards as auditors will k proposed 8t ttr￿ annual general meetin
This report been prepared in a¢¢ordan¢e wilh the special provisions of Part 15 of the Companies A¢t
2006 relatirbg to small companies.
ON BEHALF OF THE TRUSTEES
Mr F Hollom- SECRETARY
Dat¢..
oi/0 qlto£i
Page 4

THE KEW BRIDCE ENGINES TRUST AND WATER SUPPLY MUSEUM LTD
(¢rAdiDg as "London MuseuTr of W•t¢r & St￿￿")
INDEPENDENT AVDITORS. REPORTTO THE MEMBERS
ON THE FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
OPINION
We have audited the financial statements of Association of The Kew Bridge Engines TnLSt and Water
Supply Museum Ltd (the 'charitsble companY) for the year ended 31 December 2020 Ivhich comprise
Ihe Statement of Financial Aciivities, the Balance Sheet and notes to ihe flnancial staiements,
including a sumtnary of significant a¢counting wJlicie5. The financial reFKJrting framework that has
been applied in their preparation is applicable law and Unitrd Kingdom Acc4)unting Standards (Uniled
Kingdom Generally Accepted Accounling Practice).
In our opinion ihe financial statements-.
- gÉve a tru¢ and fair view of the state of the charitsble companYs affairs as at JI December
2020 and of its incoming resources and application of resources. including its income and
expenditure, for the year then ended-
- have been properly prepared in accordance with United Kingdom Generally Aeeepted
Accounting Practice applicable to Smaller Entities- and
- have been prepared in aeeordance with th¢ requirements of ih¢ Companies Act 2006 and
the Charities Aet 2011.
BASIS OF OPINION
We conducted our audit in acwrdance with International Standards on Audiiing (UK) (ISAS {UK))
and applicabl¢ law. Our re5ponsibililies under those stsndards are ￿rther described in the Auditors
r¢5pon5ibilities for the audit of the financial statetnents seclion of our report. We ar¢ inderEndent of
the charitable company in accordanc¢ with the ethical requirements that are relevant to Ouf audit of the
financial statements in the UK. including the FRC'S Ethical Standarl and we have fulfllled our oiher
ethical responsibilities in accordance with these requirements. We ￿lIeVe that th¢ audit ¢viden¢¢ we
have obtained is sutTieient xnd appropriate to provide a basis for our opinion.
CONCLUSION RELATING TO GOING CONCERN
We have nothing to report in respect of the following matters in relarion to which the ISAS {UK)
require ug io rewrt to you wh¢r¢'.
the trust¢¢s' use of the going concern basis of accounting in the preparation of the financial
the truslees have not disclosed in ihe fillancial statrments any iderltified material
OTHER INFORMATION
The trustees are resFd)nsible for ihe other information. The other infomiaiion comprises the
infomation included in th¢ annual reporc other than the financial statements at]d our Report of the
Our opinion on the financial statements does not cover the other infomiaiion and, except to the extent
oiherwise explicitly stated in our reirt we do not express any forni of ￿UranCe conclusion thereon.
Pa8e 5

THE KEW BRIDGE ENGIIYFS TRUST AND WATER SUPPLY MUSEUM LTD
(trading Is "Londoth Mustum of Water & Ste*m")
INDEPENDENT AUDITOIiS' REPORT TO THE MEMBEKS (contiDu¢d)
ON THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 21120
In connection with our audit of the financial statements. our responsibiltty is to read the other information
and. in doing so, consider whether the other inforn)alion is materially inconsist¢ni with th¢ finan¢ial
st#tern¢nts or our knowledge obtsined in the audit or otherwise appears to be materially rnisst8ted. If we
identify such material inconsist¢n¢ies or appareni mawial Misstatemen￿ we are iequired io deiem)in¢
wheiher there is a material misstatement in the fjnancial ststemenis or a material misststement of the tsth¢r
information. If. based on the Work we have perfomied. we conclude that there is a ma*rial missratement of
this oiher inf0m1￿70ft. we are required to report that fact. We have nothing to rewjrt in thi5 re8ard.
OPINIONS ON OTHER MAThERS PRESCRIBED BY THE COMPANILS 21K16
In our opinion, based on the work undertaken in the course of the audit..
- the infomiatton given in the ReFOrt of the Trustees for the fIna￿l81 year for which the financiaj
stsiements are prepartd 15 consistent with the finaftcial sts*m¢nts- and
- the Report of the T￿￿1¢¢$ ha5 been Prepared in accordance with applicable legal requirements.
MArrERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION
In the light of th¢ knowledge and undeTStanding of the charithble company and its environment obtained in the
OUTS¢ of the audiL we have not identified m*ertal mis$￿teMentS in the Report of the Tn￿tees.
We have nothing to report in respea of the following matters where the Companie5 Act 2006 requires us to
report to you if. in our opinion..
adequate accounting records have not been kept or returns adequate for our audit have not been
received from branches not Vlslted by us,. or
- the financial stalements are not in agreement with the accounting records and returns" or
cert#in di5closur¢s of tnjsiees. MnUner￿70n specified by law are not rnade- or
we have not received all ihe infomiation and explan*ions we require for our audit. or
the trustees were not eniitled to prepare the financial ststcments in accordance with the small
companie5 regime and rake adwantsge of the small companie5 exernption from the re4uirem¢nt to
prepare a Str￿e￿i¢ Report or in Lireparin2 the Re￿rt of the Trustees.
RESPONSIBILITIES OF TRUSTEFS
As explained more fully in the Staterneni of Trnstees Responsibilities. Ihe irusiees (who are also the directors
of the charitable company for the purposes of ¢ompany law) are respDnsible for the preparation of the
financial S￿lements and for being satisfie41 that they giv¢ a true and fair view. and for such In￿rnal control as
the trustees determine 15 ne¢¢ssary lo enable the preparation of financi#l st*m¢nts that are fr¢¢ from material
mi5s¢aiemenL whether due to fraud or ern)r.
In preparing the financial ststements. the trn5tees are responsible for assessing the charitable company's ability
to contLrtue as a going concern, dixlosin& as applicable. matters related TQ going concern and using ihe going
concern basi5 of a¢¢ouniing unless the trustees either intend to Itquidate the charitable company or to cease
op¢Nions, or hawe no realistic alternativ¢ but to do so.
Page 6

THE KEW BIUDGE ENGINES TRUST AND WATER SUPPLY MUSEUM LTD
(trading *$ "knmdon Must￿￿ of W#ttr & Steam")
INDEPENDENT AUDITORS. REPORTTOTHE MEMBERS (tomtinued)
ON THE FINANCIAL sfATEMEwrs
FOR THE YEAR ENDED31 DECEMBER 2020
OUR RESPONSIBILITtES FOR THE AUDIT OF THE FINANCIAL STATEMENT
Our objectives are to obtain r￿SOnable a55ufdnce about whether the financial statements &% a whole are free
from m￿trial misstsremeni, whether due to fraud or error. and to issue a Repon of the Independent Auditors
that includes our opinion. Re&sonable wurdnc¢ 15 a high l¢vel of 8s5ufdnce. but is not a guarantee that an
audit conducted in a¢¢ordanc¢ with ISAS (UK) will always det¢ct a m*erial missratem¢nt when it exists.
Missta¢ements can arise from fraud or error and are considered material if. indivtdually or in the aggregate.
they could re&sonably b¢ expected to influence the pxonomic decisions of users tak¢n on the basis of these
financial ststements.
We gained an understanding of the legal and regulatory framework applicable to the company and the industry
in which it operdtes and, considered the risk of acts by Manag¢m¢nt which w¢r¢ contrary to applicable laws
and regulations. including fraud. We mad¢ enquiries of the Dir¢¢tots ￿ obrain ￿rther understsnding of risks
of non-complian¢e.
We focused on laws ond regulations that could wve rise io a material rnisststement ift the financial statements.
agreement of the financial siatemeni di5c105ures to Lfftd¢rlying supportin8 documentstion;
- enquiries of management regarding known or 5uspecied inslances of nonvcompliance with laws
and regul￿lOns-
review of minutes of the Board meetings throughout the ye4r.' and
obtaining an understsnding of the control environmenL in place to prevent and detect irregularities.
Our audit procedures were designed to respond io risks of m￿erIal misstatement in the fjnancsal ststements,
recognising that the risk of not detecting a maierial misstsiement due to fraud 15 higher than the risk of not
deteciing one resulting from ¢rror. as fraud may involve deliberaie concealment by. for example, forgery,
misrepresentations or through collusion. There are inherent limitations in the audit procedures perfomed and
the further removed non-compliance with laws and regulations is from the events and transactions reflec*4 in
the finan¢ial 5ratemen￿ the less likely wr are to become aware of it.
A further description of our responsibilities for the audit of the financial ststemen¢s is locaied on the Financial
R¢poning Coun¢il's website at www.fr¢.org.uklauditowsresponsibiliÈies. This description foTms part of our
Rewrt of the Independent Auditors.
Pa8e 7

THE KEW BRIDGE ENGINES TRUST AND WATER SUPPLY MUSEUM LTD
(trading as "London Museum of Water & Steam")
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS (eontiwued)
ON THE FINANCIAL STATEMENIS
FOR THE YEAR ENDED 31 DECEMBER 2020
USE OF OUR REPORT
This report is made solely to the charitable cOmpan￿S mernl￿, &$ a IM)dy, in xcordance with Chapter 3 of
Part 16 of ihe Companies Act 2006. Our audil work has been undertaken so that we might state to th¢
chariiable CoMpan￿S members those matters we are required to 5rate to thern in an auditors, report and for no
other purpose. To the fullest exieni pemiitted by law. we do not accept or ￿ume responsibility to anyone
oihei than the charitsble company and th¢ charitable companys member5 as a body. for our audit work, for
this repor¢ or for the opirtions we have fomied.
Jonathan Addison FCA (Sentor Statutory Auditor)
For and on behalf of COLLARDS
Chartered AetouThtaBts & Regi$tered Auditors
Dated.. a?
5-9 Eden Street
Kingston-upon-Thames
Surrey
KTI IBQ
/)/uii
Page 8

THE KEW BRIDGE ENGINESTRVST ANDWATER SUPPLY MUSEUM LTD
(trading as "London Museum of WAter & Steam")
CONSOLIDATED STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED31 DECEMBER2020
Unrestricted Trading De5ignateil R&%tricted
funds
subsidiary
ds
funds
Total
2020
Totsl
2019
Incoming R¢sour¢¢$
Donations and grants
Membership
Rents receivable
Admissions
Gift-aid on Season tickets
Trading subsidiary
Shop sales
Site & fvnction services
Engineering sales
Interest received
Insuranc¢ claims
102,365
4.805
69.523
34.825
7.103
173.166
275.531
4,805
69.523
34.825
7,103
46.517
6.410
87.613
160,949
16.164
5,096
7.598
1.459
5.096
7,598
1.459
10
26,520
19,638
40.519
1,560
23
26.520
Totsl Incorning Resources
245.151
14.153
173.166
432,470
379.393
Resour¢¢$ Expended
Direct ¢haritabl¢ expendilure=
Restoration and upgrdde costs
Trading subsidiary..
Shop cost of sale5
Site & function 5ervic¢s
Public opening..
Advertising & publicity
Site maintenance
Reopening costs
Gas & electricity
Cost of gate
thher expenses".
Payroll costs
Rented property maintenance
Insurance
Business costs and bank charges
Rent r¢durtion grant
IT upgrades
Depre¢iatron
Irrecoverable VAT
Governanee costs..
Audit fee5
Legal and professional fees
Financial & secretsrial fees
43.645
43.645
16.714
3.037
765
3,037
765
14.482
3.136
2.518
9.769
307
1,189
2.825
14,697
43,167
28.214
519
13,442
26.673
3.739
43.167
25.152
463
3,062
56
32,243
6,289
64.063
200
6,789
18.139
7,798
26,304
98.165
200
24,607
20.347
9.413
16.583
8,118
180.872
563
28,914
22.501
826
2208
16.992
9.413
16583
8.118
8.210
18,337
4.787
569
5.356
6,930
9.009
3,160
6,930
9.009
9.560
Totsl Resources Exp¢nd¢d
Trading deficit of subsidi8ry
149,007
5.664
19.817
(5,664)
6.930
159.843
335.597
385.096
Net Incomingl(Outgoing)
Res0￿ree$ before Transfers
Transfer b¢￿et￿ fund5
Fund balances brought forward
90.480
(55,925)
113.677
16.9iO)
55.925
1,716
13.323
96,873
(5.703)
9.466
124.859
130.562
Fund bAlgnc¢s carrled forw*rd
148.232
50.711
22,789
221,732
124,859
The group hos not acquired or comrnenced any new Iwsiness activities in the year and li has other ￿MprehenSive
gains or losse5 Other than the deficit for the year.
The notes sei out on pages 12 to 18 fonn pan of these financial stat¢ments.
Page 9

THE KEW BRIDGE ENGINES TRUST AND WATER SUPPLY MUSEUM LTD
(tradiDg a5 "LoDdoD M•5eum of Water & Steam")
CONSOLIDATED BAIANCE SHEET
FOR THE YEAR EI¥DED 31 DECEMBER 2020
2020
2019
Noies
FIXED ASSETS:
Tangible &ssets
67.213
75.331
CURRENT ASSETS:
Sto¢ks
Debtors
C&8h at bank and in hand
7.160
59.640
169.215
7.748
47.983
76.296
236.015
132.027
CREDrroRS.. Amounts falling
due within one year
10
81,496
82,499
NET CURRENT ASSETS
154.519
49,528
NET ASSETS
221.732
124.859
CAPTTAL AND RESERVES:
Profit and Loss account
Restricted funds
Designated funds
148,232
22,789
50,711
13.677
12
1.716
221,732
124,859
These finan¢ial siatements have been prepared in accord8n¢e with the specia] provisions of Part 15 of
the Companies A¢1 2006 relating to small companies.
ON BEHALF OF THE BOARD:
C Grist Taylor
Stsnnard
F Hollom
Date..
2021
The notes set out on pages 12 to 18 forni part of these financial ststements
Page 10

THE KEW BRIDGE ENGINES TRUST AND WATER SUPPLY MUSEUM LTD
(trading as "IA>Ddon Museum of W•ter & Stum")
COMPAI¥Y BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2020
2020
2019
Notes
FIXED ASSETS:
Tangible asseis
Investment
67.213
100.100
75,331
100,1
167.313
175,431
CURRENT ASSETS:
Debtors
Cash at bank and in hand
169.520
169.216
152.788
76.296
338,736
229,084
CREDrroRS: Amounts falling
due wirhin one year
81,496
82.499
NET CURRENT A&SETS
257,240
146,585
NET ASSETS
424.553
322,016
CAPITAL AND RESERVES
Profit and loss &count of the company
Restricted Fund5
Designated Funds
351.053
22,789
50,711
310.834
9.466
1,716
12
424.553
322.016
These finartcial statements have been prepared in accordance with the special provisions of Part 15
of the Companies A¢1 2006 relating to small companies.
ON BEHAL
THE BOARD..
C Grist Taylor
E Stannard
F Hollom
I w/i12021
The notes set out on pages 12 to 18 form part of these financial statements
Pagell

THE KEW BRIDGE ENGINES TRUST AI¥D WATER SUPPLY MUSEUM LTD
{trading as"IA)ndott Museum of W*ter & Sts•m")
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
Prineipal Acco￿￿11ftg Polities
sr￿ul0ry Informalion
Kew BridEe Engines Trust & w￿er Supply Museum Ltd is a private company, limited by guar￿lee
and registered in Eng]and and Wales. The company's registered number and registered office
address can be found on the Company Inforniation page.
Aeeounting Conventson
The financial statements are prepared on a going concern basis in accordance with the provision5 of
S¢¢tion IA 'Small Enlities" of Financial Reporting Standard 102 'The Financial Reporting
Standard applicable in the UK and Republic of Ireland" Ihe Companies Act 2006 and the Charities
Cash Flowsiaiemeni
In the opinion of the Trustees ihe group qualifies as a small wup and a¢cordingly a cash flow
statement IS not required.
Depreciotion
Depreciation is calculated to write down the cost, less ¢stimxted r¢sidual value. of all tangible fixed
assets. which ¢ompTise. in the cornpanYs and gmup accounts. only equipment used to support
museum operations over their expected useful lives. The rates generdlly applicable are:
Workshop
Plant and machinerylDies¢l house improvements
oirice equipment
Furniture
Sieam locomotive
strnight line over 50 years
Straight line over l O years
33Vo redu¢ing balan¢¢ basis
straighi line over l O years
Slraighi line over 30 years
JnvesTrnents
Investments are included ai Cost less amount5 written off. Profit or1055es arising from disposa]s of
fixed asset investments are ireai¢d as part of the result from ordinary activities.
Stocks
Stocks and work in progress are valued at the lower of cost and nei realisable value. afteT making
due allowance for obsolete and slow moving items.
Limited Liability
The company is limited by guarantee and does not have a share capital.
Page 12

THE KEW BRIDGE ENGINES TRUST AIYD WATER SUPPLY MUSEUM LTD
{trxdinE as ,￿ndoll Mllseum of Water & Steam")
NOTES TO THE FINANCIAL STATEMENrs
FOR THE YEAR ENDED 31 DECEMBER 2020
3 Operating Profit
The operatlng Protit Is st2¢ed •ft¢r ¢h•rglug or ¢r¢ditiDg:
2020
2019
Group
Amounts payable to ihe auditors in respect of audit service5
Depreciation
2.925
8,118
2,970
8,210
Comp4ny
2020
2019
Amounts payable to the auditors in respect of audit service5
Depreciation
2.925
8,118
2.442
11.024
4 DoD4¢ion5 and Grants
Designated Restricted Unrestricted
Funds
Funds
Fund5
2020
2020
2020
Total
2020
2019
Public A￿hOrI11eS
Private Donations
7.857
165.559
54.434
47.931
62,291
213.490
1.500
45.017
173.416
102.365
275.781
46.517
Included under grants from Public Authorities are govemm¢nt grants amounting to £29.435. These were
re¢¢ived via the government's CoronaviTUS Job Renteniion Scheme. The charity also received grants from the
local authority as part of the Coronavirus support s¢h¢m¢s.
5 Trustees, RemuneratlOD Ind Benefits
Mr5 Elizabeth Power resigned on 23 July 2020. During her capacity as Trustee she received remuneraiion
tolalling £19,733 (2019- £18.818} in her capacity as museum director.
Trustees, Expenses
During the year £nil (2019 - £372) was paid to trus*es' for expenses incurred on behalf of the charity.
6 Colts and Numbers
2020
2019
Salaries and wages
Social security costs
94,882
3,283
169,208
11,664
98,165
180.872
The average number of staff employed was 5 (2019- 9).
No employees received emoluments in excess of £60.000.
Page 13

THE KEW BRIDGE E]YGINES TRUST AND WATER SUPPLY MUSEUM LTD
{trnding *s"LIM￿on Mw5eum of Water & Ste*m"
NOTES TO THE FINANCIAL STATEMENrs
FOR THE YEAR ENDED 31 DECEMBER 2020
7 Tangible FiA¢d Assets Gnwp and Company
Leaseknld
Sieam
locomotive
Plant and Furnitt￿e &
mxhinc
flttin
Computer
ui
COST:
At l January 2020 and
At 31 December 2020
82J99
58.512
33,794
44,397
22.831
241.933
DEPRECIATION:
At l January 2020
Charg¢ for year
69.145
1,3
20.800
1,952
26.131
1.816
33,164
2,(KJ I
21,782
1,049
171.022
8,118
Ai 31 December 2020
70.445
22,752
27.947
35.165
22.831
179,140
NET BOOK VALUE:
At 31 December 2020
11.954
35.760
5.847
9232
62,793
At 31 December 2019
37,712
7,663
11233
1.049
70.911
Heritage
Blfwd
co￿.
At l January 2020 and
At 31 December 2020
241.9)3
4.420
246.353
DEPRECIA TION:
At l January 2020
Charge for year
171.022
8.118
171,022
8.118
At 31 December 2020
179.140
179.140
NET BOOK VALUE:
At 3 1 December 2020
62.793
4.420
At 31 December 2019
70.911
4.420
75.331
Pa8e 14

THE KEW BRIDGE ENCINES TRUST A14D WATER SUPPLY MUSEUM LTD
(trnding #s "LondoTr Museum of Water & Stearn")
NOTES TO THE FINANCIAL sfATEMEKrs
FOR THE YEAR ENDED 31 DECEMBER 2020
8 Fixed Asset Investments- Ct)mPally
Grovp
Undertsking
Cost
At l January 2020 and 31 December 2020
100.100
Net Book Valy¢
At 31 Dettrnber 2020
ioo,ioo
At 31 December 2019
loo.100
Details of 8roup undert2kings ai ihe balance shectdate are a5 follow5.'
Country of
Registration (or
Incorporation) Class
Proportion Nature of
amd Operation of Share Held
Business
J¥et Deficit
for the
Vur
Total net
Liabilitie5
NAM¢
Historic Sieam England
Limited
Ordinary ](
shares
Tradin8 actLVlties 1102.583)
of the museum at
Kew Bridge
Pumpin8 Slation
(5.6641
9 Debtors- Group
2020
2019
Trdde debtOTS
Other debtors
12.969
46.67]
18,503
29,480
59.640
47,983
Debtors- CoMp4bly
2020
2019
Amtsunt due from subsidiary
Trade debtor5
Other debto
109.880
12,969
46.671
104.805
I8.S03
29.480
169.520
152,788
Pagt 15

THE KEW BRIDGE ENGINES TRUST AND WATER SUPPLY MUSEUM LTD
(trading as "London Museum of Water & Steam")
NOTES TO THE FINANCIAL sfATEMENTS
FOR THE YEAR ENDED31 DECEMBER 2020
10 Credi¢ors- Group
Amounts falling due within OB¢ y￿r
2020
2019
Trade ¢redilors
VAT payable
Taxes and Social Security
Accruals
36.324
32,347
6,325
41.575
40.524
81.496
82.499
Creditors- Company
Amounts f*lling d¥e within ont year
2020
2019
Trade creditors
VAT payable
Taxes and Social S¢¢urity
Accruals
36.324
32,347
6.325
3,30)
40,524
i.597
41.575
81,496
82.499
Page 16

THE KEW BRIDGE ENGINES TRUST AND WATER SUPPLY MUSEUM LTD
(trAdbng as "L•ndon Museum of Water & Steam")
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
11 Restricled Funds
Balance
oiioino
Grantsllncome Expenditure
Received
Incurred
Transfers
between
funds
Balan¢e
31112120
Electrical Fund
4.507
(38)
4,469
Clegg GardeD Fund
Arthive
1.558
70
(58)
1.570
Ali$tair Overh#ul
(166)
1.250
{288)
796
W#ddoD
3.436
3.436
Brentford Towers
4.690
{2.025)
2,665
Water Conservators
1.220
(30)
1.190
Arts Council EnglaDdlCovid
28.304
(28.304)
Creative Land Trust
9.413
(9,413)
Houtt$low R¢spoMse FuDd
3.167
(3.167)
Heritage Lottery Emergen¢y Fynd
196.0(K))
Th*me$ Water
18,552
(18,552)
BoultOD 8Dd W*tt
10,500
(1.968)
8.532
9,466
173.166
159.843
22.789
Page 17

THE KEW BRIDGE ENGII¥ES TRUST AND WATER SUPPLY MUSEUM LTD
(tradittg *% "LK•ttdott Museum ofw4ter & Steam")
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR EIYDED 31 DECEMBER 2020
12 Designaied Funds
Balance
Incorne
Receivedl
Designated
Expenditure
Transfers
between
funds
Balan
oiffjino
in¢urred
31112120
Tower fund
711
Closedown costs
50,000
50,OIK)
New CoDStitutiott Fees
1.005
(6,930)
5,925
1.716
(6,930)
55.925
50,711
13 Analysis of Net Assets behv¢¢n fund5
2020
Total
2019
Total
Restricted Designated Unrestricted
Tangible fixed assets
Current asseis
Credicors
67.213
162,515
{81.496)
67,213
236,015
{8 1.496)
75.331
132,026
(82.499)
22.789
50.711
22.789
50.711
148.232
221.732
124,858
Page 18