2021-12-31-accounts

Trustees		MrJ.Armstrong	(Chairman)
		Ms Clare Baxter
		Mr G. Castle
		Lady Victoria Percy
		Mr N. Salvesen
		Mr A. Wilson
Exwfficio Trustees		The Duke of Northumberland
		Col. AGawthorpe
Charity number		273064
Principal address		The Abbot's Tower
		Alnwick Castle
		Alnwick
		Northumberland
		NE66 1NG
Independent	examiner	Colin Frame CA
		17Walkergate
		Berwick-upon-Tweed
		Northumberland
		TD15 1DJ
Bankers		Lloyds
		24 Bondgate Within
		Alnwick
		Northumberland
		NE66 1TD

			Page
Trustees' report			1-3
Independent examiner's		report
Statement offinancial	activities
Balance sheet
Notes to the financial	statements		7-22

				Unrestricted	Unrestricted	Restricted	Total	Total
				funds	funds	funds	2021	2020
				general	designated
			Notes
Income and endowments		from:
Donations and legacies				37,473	1,500	27,028	66,001	24,892
Income from charitable	activities			27,940			27,940	1,267
Other trading activities				970			970	586
Investments				515			515	1,214
Other				1,188			1,188	8,797
Total income and endowments				68,086	1,500	27,028	96,614	36,756
x endit re on:
Raising funds				2,015			2,015	1,512
Charitable activities				53,973	27	30,048	84,048	55,499
Total expenditure				55,988	27	30,048	86,063	57,011
Net gains on investments			13	7,935			7,935	7,706
Net incoming/(outgoing)
resources before transfers				20,033	1,473	(3,020)	18,486	(12,549)
Gross transfers between		funds		(406)		406
Net movement in funds				19,627	1,473	(2,614)	18,486	(12,549)
Fund balances at 1 January
2021				103,872	77,468	27,525	208,866	221,415
Fund balances at 31 December
2021				123,499	78,941	24,911	227,351	208,866

					2021		2020
				Notes
Fixed assets
Tangible assets				14		9,598		11,239
Investments				15		96,618		90,659
						106,216		101,898
Current assets
Stocks				17	3,031		3,723
Debtors				18	8,287		811
Cash at bank and in		hand			114,452		106,304
					125,770		110,838
Creditors:	amounts	falling due within
one year				19	(4,635)		(3,870)
Net current	assets					121,135		106,968
Total assets less current			liabilities			227,351		208,866
Income funds
Restricted	funds			20		24,911		27,526
Unrestricted	funds -	designated		21		78,941		77,468
Unrestricted	funds -	general				123,499		103,872
						227,351		208,866

		Unrestricted	Unrestricted	Restricted	Total	Total
		funds	funds	funds	2021	2020
		general	designated
Donations	and gifts	11,930			11,930	17,953
Legacies	receivable	10,000			10,000
Grants		15,543		27,028	42,571	5,439
Conservation			1,500		1,500	1,500
		37,473	1,500	27,028	66,001	24,892
For the year ended 31 December
2020		21,205	1,500	2,187		24,892

	Income from	Income from
	charitable	charitable
	activities	activities
	2021	2020f
Visitor entrance fees	25,882
Research fees	2,058	1,267
	27,940	1,267

		Unrestricted	Total
		funds
		general
		2021f	2020f
Shop	sales	970	586

6	Investments
			Unrestricted	Total
			funds
			general
			2021	2020f
	Investment	income	305	337
	Interest receivable		210	877
			515	1,214

7	Other
							Unrestricted	Total
							funds
							general
							2021	2020
	Other income						77
	Government			furlough		scheme	1,111	8,797
							1,188	8,797
8	Raising	funds
							Unrestricted	Total
							funds
							general
							2021	2020
	RRaisin i	funds
	Opening	stock - shop					3,723	2,455
	Shop purchases				and	donated goods	241	1,795
	Closing	shop		- stock			(3,031)	(3,723)
	Raising	funds					933	527
	Investment		management				1,082	985
							2,015	1,512

			Charitable	Other	Total	Total
			Activities		2021	2020
						f
Staff costs			52,922		52,922	40,289
Office and computer		equipment	2,038		2,038	3,094
Storage equipment			1,301		1,301	1,301
Conservation			905		905	1,020
Redevelopment project costs			15,629		15,629	2,730
Computer software	and consumables			657	657	1,602
Rent			246	850	1,096	850
Insurance				1,015	1,015	993
Repairs and cleaning				2,070	2,070	78
Travel expenses				35	35	100
Postage, stationery	and telephone			797	797	843
Advertising				1,501	1,501	75
General administration		expenses		391	391	253
Bank charges				226	226	101
Share ofgovernance		costs (see note 10)		3,465	3,465	2,170
			73,041	11,007	84,048	55,499
Analysis by fund
Unrestricted funds -	general		44,256	9,717	53,973
Unrestricted funds -	designated		27		27
Restricted funds			28,758	1,290	30,048
			73,041	11,007	84,048
Forthe year ended		31December 2020
Unrestricted funds -	general		40,786	7,065		47,851
Unrestricted funds -	designated		3,750			3,750
Restricted funds			3,898			3,898
			48,434	7,065		55,499

Support	costs
		Support	Governance	2021	Support	Governance	2020
		costs	costs		costs	costs
				f	f
Accountancy			3,465	3,465		2,170	2,170
			3,465	3,465		2,170	2,170
Analysed	between
Charitable	activities		3,465	3,465		2,170	2,170

The average	monthly number ofemployees during	the year was:
		2021	2020
		Number	Number
Administration
Employment	costs	2021	2020
Wages and salaries		50,569	38,529
Other pension	costs	2,353	1,760
		52,922	40,289

13	Net gains/(lo	sses) on	investments
						Unrestricted	Unrestricted
						funds	funds
						general	general
						2021	2020
	Revaluation	ofinvestments				7,800	7,706
	Gain/(loss) on sale of		investments			135
						7,935	7,706
14	Tangible fixed assets
				Storage	Office and	Artefacts	Total
				equipment	computer
					equipment
	Cost
	At 1 January	2021		18,551	18,841	6,400	43,792
	Additions				1,698		1,698
	At 31 December 2021			18,551	20,539	6,400	45,490
	Depreciation	and impairment
	At 1 January	2021		15,523	17,030		32,553
	Depreciation	charged	in the year	1,301	2,038		3,339
	At 31 December 2021			16,824	19,068		35,892
	Carrying amount
	At 31 December 2021			1,727	1,471	6,400	9,598
	At 31 December 2020			3,028	1,811	6,400	11,239

				Listed	Cash in	Total
				investments f	porffolio
	Cost or valuation
	At 1 January 2021			89,361	1,298	90,659
	Additions			48	2,103	2,151
	Valuation changes			7,800		7,800
	Investment income				305	305
	Management fees				(1,130)	(1,130)
	Disposals			(1,967)	(1,200)	(3,167)
	At 31 December 2021			95,242	1,376	96,618
	Carrying amount
	At 31 December 2021			95,242	1,376	96,618
	At 31 December 2020			89,361	1,298	90,659
16	Financial instruments				2021	2020
					f	E
	Carrying amount offinancial assets
	Instruments measured	at fair value through	profit or loss		95,242	89,361
17	Stocks
					2021	2020
	Raw materials and consumables				3,031	3,723
18	Debtors
					2021	2020
	Amounts falling due	within one year:
	Trade debtors				4	4
	Other debtors				7,991	503
	Prepayments and accrued income				292	304
					8,287	811

		2021	2020
Other taxation and social security		1,760	1,190
Accruals and deferred	income	2,875	2,680
		4,635	3,870

						Movement	in funds			Movement	Movement	in funds
					Balance at	Total incoming	Total	Balance atTotal incoming				Total	Transfers	Balance at
					1January 2020	resources	resources1	January	2021	resources	resources between funds			31 December
							expended				expended			2021
Capital Endowment Fund					20,737			20,737						20,737
Fusiliers Aid Society Grant					2,896		(1,665)		1,231			(1,231)
Pilgrim Trust and MDNE Conservation				Grant	3,484		(1,100)		2,384			(1,100)		1,284
Computer Project (AMOT)					1,086		(997)		89			(89)
Gun Safe Grant (AMOT)					634		(136)		497			(136)		361
The Joicey Trust Regimental		Colours Grant			400				400					400
MDNE Firearms Cleaning	Grant					1,357			1,357					1,357
Regimental FAS Covid Grant						830			830			(576)		254
MDNE Recovery &Development			Grant							2,028		(1,510)		518
Arts Council Funding (CRF) -Culture Recovery Fund										25,000	(25,406)		406
					29,237	2,187	(3,898)	27,525		27,028	(30,048)		406	24,911

These are u	nr	estricted funds which are materi	al to the trust's activities m	ade up as foll	ows:
					Movement	in funds		Movement	in funds
				Balance at	Incoming	Resources	Balance at	Incoming	Resources	Balance at
			1	January 2020	resources	expended1	January 2021	resources	expended	31 December
										2021
									f'
Acquisition	Fund			6,400			6,400			6,400
Conservation		Fund		11,628	1,500	(1,020)	12,108	1,500	(27)	13,581
Refurbishment		Fund		61,690		(2,730)	58,960			58,960
				79,718	1,500	(3,750)	77,468	1,500	(27)	78,941

Analysis o	fnet assets between funds
		Unrestricted	Designated	Restricted	Total	Unrestricted	Designated	Restricted	Total
		Funds	Funds	Funds		Funds	Funds	Funds
		2021	2021	2021	2021	2020	2020	2020	2020
									F
Fund balances at 31 December 2021 are
represented	by:
Tangible assets		774	6,400	2,424	9,598	636	6,400	4,203	11,239
Investments		96,618			96,618	90,659			90,659
Current assets/(liabilities)		26,107	72,541	22,487	121,135	12,577	71,068	23,323	106,968
		123,499	78,941	24,911	227,351	103,872	77,468	27,526	208,866

							2021		2020
Donations and legacies
Donations and gifts -	unrestricted					11,930		17,953
Legacies - unrestricted						10,000
Coronavirus support donations -				unrestricted		15,000
Grants - unrestricted						543		3,252
Conservation -designated						1,500		1,500
Grants - restricted						27,028		2,187
							66,001		24,892
Activities for generating			funds
Shop sales						970		586
							970		586
Investment income
Investment income						305		337
Deposit account interest						210		877
							515		1,214
Incoming resources	from		charitable		activities
Visitor entrance fees						25,882
Research fees						2,058		1,267
							27,940		1,267
Other incoming resources
Government grants						1,111		8,797
Photography						77
							1,188		8,797
Total incoming resources							96,614		36,756
Resources expended
Costs ofgenerating	funds
Costs ofgenerating	donations			and	legacies
Opening stock - shop						3,723		2,455
Shop purchases and donated goods						241		1,795
Closing stock - shop						(3,031)		(3,723)
							(933)		(527)
Investment management			costs
Investment management		costs					(1,082)		(985)
Balance Carried Forward							94,599		35,244

					2021 f		2020f
Balance Brought Forward					94,599		35,244
Charitable Activities
Wages and salaries - unrestricted				41,299		38,529
Staff Pension Costs - unrestricted				2,353		1,760
Office equipment depreciation -	unrestricted			459		432
Storage equipment depreciation	- unrestricted			65		65
Hire ofequipment -unrestricted				80
Conservation -designated				27		1,020
Ground floor refurbishment -designated						2,730
Wages and salaries - restricted				9,270
Office equipment depreciation -	restricted			1,579		2,662
Storage equipment depreciation	- restricted			1,236		1,236
Conservation -restricted				878
Redevelopment project costs - restricted				15,629
Hire ofequipment - restricted				166
					(73,041)		(48,434)
Other
Computer software and consumables-
unrestricted				618		1,602
Rent - unrestricted				637		850
insurance - unrestricted				759		993
Repairs and cleaning - unrestricted				1,746		78
Travel expenses - unrestricted				35		100
Postage, stationery and telephone		- unrestricted		546		843
Advertising - unrestricted				1,501		75
General administrative expenses	- unrestricted			391		253
Bank charges - unrestricted				184		101
Accountancy - unrestricted				3,300		2,170
Computer software and consumables			-restricted	39
Rent - restricted				213
Insurance -restricted				256
Repairs and cleaning - restricted				324
Postage, stationery and telephone		- restricted		251
Bank charges - restricted				42
Accountancy - restricted				165
					(11,007)		(7,065)
Surplus before movement on	investments				10,551		(20,255)
Surplus/(Deficit) for the Year					18,486		(12,549)