2021-02-28-accounts

		Page
Trustees report		1-4
Statement oftrustees	responsibilities
Independent examiner's report
Statement offinancial	activities	7-8
Balance sheet		9-10
Notes to the financial	statements	11-23

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						2021		2020
					Notes
Fixed assets
Tangible assets					10		225,316		253,275
Investments					11		391		391
							225,707		253,666
Current assets
Debtors					12	16,335		16,993
Cash at bank and		in	hand			407,287		403,878
						423,622		420,871
Creditors:	amounts		falling due within
one year					13	(6,179)		(2,895)
Net current	assets						417,443		417,976
Total assets less		current		liabilities			643,150		671,642
Income funds
Restricted	funds				14		51,735		56,947
Unrestricted	funds
Designated	funds				15	218,876		239,626
General unrestricted			funds			372,539		375,069
							591,415		614,695
							643,150		671,642

			unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			general			general
			2021f	2021f		2020	2020 E	2020 F
Donations	and	gifts	25,243	1,416	26,659	55,748	6,975	62,723

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	Interest receivable
6	Charitable activities

Unrestricted	Unrestricted
funds	funds
general	general
2021	2020
	F
4,487	4,962

				Operation	Operation
				ofmuseum	of museum
				and	and
				outreach	outreach
				2021f	2020
Premises	expenses			74,800	51,938
Exhibit costs				4,064	7,031
Operating	Museum		vehicles	2,105	11,216
Publicity				310	2,033
				81,279	72,218
Share of	support costs (see note 7)			10,864	13,858
Share of	governance		costs (see note 7)	1,100	1,010
				93,243	87,086
Analysis	by	fund
Unrestricted		funds -	general	64,865	77,369
Unrestricted		funds -	Designated	20,750
Restricted	funds			7,628	9,717
				93,243	87,086

Support	costs
			Support	Governance	2021	Support	Governance	2020
			costs	costs		costs	costs
			f.		f.		E
Depreciation			955		955	1,048		1,048
Telephone			294		294	494		494
Postage,	stationery	and
printing			1,035		1,035	1,450		1,450
Computer	expenses		244		244	1,057		1,057
Subscriptions			202		202	252		252
General insurance			3,873		3,873	3,263		3,263
Miscellaneous			4,261		4,261	6,294		6,294
Accountancy				1,100	1,100		1,010	1,010
			10,864	1,100	11,964	13,858	1,010	14,868
Analysed	between
Charitable	activities		10,864	1,100	11,964	13,858	1,010	14,868

2021	2020
Number	Number

10	Tangible fixed assets
			Land and	Leasehold	Plant and	Fixtures,	Total
			buildings	Property	machinery	fittings &
						equipmentf
	Cost
	At 1 March 2020		328,123	195,625	15,919	8,375	548,042
	At 28 February 2021		328,123	195,625	15,919	8,375	548,042
	Depreciation and impairment
	At 1 March 2020		131,208	145,320	11,741	6,499	294,768
	Depreciation charged	in the year	16,401	10,345	836	376	27,958
	At 28 February 2021		147,609	155,665	12,577	6,875	322,726
	Carrying amount
	At 28 February 2021		180,514	39,960	3,342	1,500	225,316
	At 29 February 2020		196,915	50,306	4,178	1,876	253,275

Fixed asset investments
	Other
	investments
Cost or valuation
At 1 March 20198 28 February 2020	391
Carrying amount
At 28 February 2021	391
At 29 February 2020	391

11	Fixed asset	investments				(Continued)
					2021	2020
	Other investments comprise:			Notes		f
	Investments	in subsidiaries		18	391	391
12	Debtors
					2021	2020
	Amounts falling due within		one year:
	Amounts owed by subsidiary		undertakings		9,999	5,999
	Other debtors				52
	Prepayments	and accrued income			6,284	10,994
					16,335	16,993
13	Creditors: amounts falling due within one year
					2021	2020f
	Other taxation and social security					269
	Accruals and	deferred income			6,179	2,626
					6,179	2,895

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			Movement	in funds
		Balance at	Income	Transfers	Balance at	Expenditure	Balance at
		1 March 2019			1 March 2020		28 February
							2021f
Special	projects fund	39,340	20,000	30,286	89,626	(20,750)	68,876
Museum	development
fund		128,572		21,428	150,000		150,000
		167,912	20,000	51,714	239,626	(20,750)	218,876

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Name of undertaking	Name of undertaking	Registered	Registered	Nature ofbusiness	Class of	% Held
		office			shares held	Direct Indirect
Ipswich Transport	Museum	England	8	Tea shop and Gift shop	Ordinary	100.00
Services Ltd		Wales