2023-12-31-accounts - Marx Memorial Library

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			Page
Report ofthe Trustees		1	to	8
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		12	to	18
Detailed Statement of Financial Activities

						2023	2022
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
							as restated
			Notes
Income and endowments		from
Donations and legacies				42,423	37,484	70,907	312,081
Charitable activities
Educational services				8,266		8,266	6,888
Other trading activities				42,492		42,492	78,056
Investment income				79,176		79,176	72,380
Other income				2,009		2,009	2,536
Total				174,366	37,484	211,850	471,941
Expenditure on
Raising funds				4,091		4,091	7,217
Charitable activities
Educational services				180,805	81,948	262,753	177,896
Other				239,612		~239,812)	338,580
Total				54716	81,948	27,232	523,693
NET INCOMEI(EXPENDITURE) Transfers between funds			12	229,082 ~12,565)	(44,464) 12,565	184,618	(51,752)
Net movement in funds				216,517	(31,899)	184,618	(51,752)
Reconciliation offunds
Total funds brought	forward			2,859,449	43,598	2,903,047	2,954,799
Total funds carried	forward			3,075,966	11,699	3,087,665	2,903,047

					2023	2022
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	E	f		as restated F
Fixed assets
Tangible assets Heritage assets		7 8	29,709 129,629		29,709 129,629	37,593 129,629
Investments		9	2,?21,757		2,721,757	2,482, 145
			2,881,095		2,881,095	2,649,367
Current assets
Debtors		10	7,708		7,?08	1?,637
Prepayments Cash at bank	and accrued income		7,160 284,645	12,565	7,160 297,210	252,313
			299,513	12,565	312,078	269,950
Creditors
Amounts falling due within one year		11	(104,642)	(866)	(105,508)	(16,270)
Net current	assets		194,871	11,699	206,570	253,680
Total assets	less current liabilities		3,075,966	11,699	3,087,665	2,903,047
NET ASSETS			3,075,966	11,699	3,087,665	2,903,047
Funds		12
Unrestricted	funds				3,075,966	2,859,449
Restricted funds					11,699	43,598
Total funds					3,087,665	2,903,047

Comaratives forthestat	ement offinancial activ	ities
p		Unrestricted	Restricted	Total
		funds	funds	funds
				as restated
Income and endowments Donations and legacies	from	265,226	46,855	312,081
Charitable activities Educational services		6,888		6,888
Other trading activities Investment income Other income		78,056 72,380 2,536		78,056 72,380 2,536
Total		425,086	46,855	471,941
Expenditure on Raising funds		7,217		7,217
Charitable activities Educational services		50,701	127,195	177,896
Other		338,580		338,580
Total		396,498	127,195	523,693
NET INCOMEI(EXPENDITURE)		28,588	(80,340)	(51,752)
Reconciliation offunds Total funds brought forward		2,830,861	123,938	2,954,799
Total funds carried forward		2,859,449	43,598	2,903,047

surplus/deficit in either the current or prior yea	r.
Tangible fixed assets
	Improvements
	to	Office
	property	equipment	Totals
	F	F
Cost
At 1 January 2023	362,775	81,870	444,645
Additions		4,704	4,704
At 31 December 2023	362,775	86,574	449,349
Depreciation
At 1 January 2023	331,953	75,099	407,052
Charge foryear	9,251	3,337	12,588
At 31 December 2023	341,204	78,436	419,640
Net book value
At 31 December 2023	21,571	8,138	29,709
At 31 December 2022	30,822	6,771	37,593

E YEAR ENDED 31 DECE	E YEAR ENDED 31 DECE	MB	ER 2023
Fixed asset investments
							Listed
							investments
Market value
At 1 January 2023 and 31 December 2023							3,497,282
Provisions
At 1 January 2023 Provision written back							1,015,137 (239,612)
At 31 December 2023							775,525
Net book value
At 31 December 2023							2,721,757
At 31 December 2022							2,482,145
There were no investment		assets outside the UK.
Debtors: amounts	falling	due	within one year			2023	2022
							as restated
Trade debtors						1,963	13,260
Prepayments and accrued		income				5,745	4,377
						7,708	17,637
Creditors: amounts	falling due within one year					2023	2022
							as restated
						E	F
Trade creditors						1,060	7,692
Taxation and social Other creditors	security					1,069 103,379	2,045 6,533
						105,505	16,270
Movement in funds
					Net	Transfers
					movement	between	At
				At 1.1.23	in funds	funds	31.12.23
					E	f.	F
Unrestricted funds
General fund				2,426,641	(10,530)	(12,565)	2,403,546
Revaluation Reserve				432,808	239,612		672,420
				2,859,449	229,082	(12,565)	3,075,966
Restricted funds
National Lottery Heritage Fund Newspaper Boxing Project Printers Collection Cataloguing			Project	43,598	(44,464)	6,065 6,500	(866) 6,065 6,500
				43,598	44,464	12,565	11,699
TOTAL FUNDS				2,903,047	184,618		3,087,665
				15

Movement in funds - continued	Movement in funds - continued	Movement in funds - continued
Net movement in funds, included			in the above	are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
Unrestricted funds
General fund					174,366	(184,896)	(10,530)
Revaluation Reserve						239,612	239,612
					174,366	54,?16	229,Q82
Restricted funds
National Lottery Heritage	Fund				37,484	(81,948)	(44,464)
TOTALFUNDS					211,850	~27,232)	184,618
Comparatives for movement		in	funds
					Net	Transfers
					movement	between	At
				At 1.1.22	in funds	funds	31.12.22
				E	E
Unrestricted funds
General fund				1,901,043	367,168	158,430	2,426,641
Capital Reserve Library Development Revaiuation Reserve				102,564 55,866 ?71,388	~338,580)	(IQ2,564) (55,866)	432,808
				2,830,861	28,588		2,859,449
Restricted funds
1917Russian Revolution				262	(262)
Tolpuddle projects Spanish digitising project Marx 200 project UNITE History project Flood remedial and conservation National I ottery Heritage Fund			works	1,012 6,350 3,691 82,623 30,000	(1,012) (6,350) (3,691) (82,623) (30,000) 43,598		43,598
				123,935	~80,34D)		43,598
TOTAL FUNDS				2,954,799	~51,752)		2,903,047