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|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||
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||||Page|
|---|---|---|---|
|Trustees'
report|||1-3|
|Independent
examiner's||report||
|Statement offinancial|activities|||
|Balance sheet||||
|Notes to the financial|statements||7-22|
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|||||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|
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||||||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|
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|||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|
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|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|
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||||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|
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|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|
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|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|
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|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|
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|||||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|
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|||2021|2020|
|---|---|---|---|
|Other taxation and social security||1,760|1,190|
|Accruals and deferred|income|2,875|2,680|
|||4,635|3,870|
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|||||||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|
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|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|
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|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|
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||||||||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|
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||||||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)|