Lawrence House Museum Charity Number 276656 Trustee's Report and Unaudlted Receipts and Payments Account For the year ended 31 March 2024
Page5 Trustee's Annual Report Independent Examiner's Report Receipt5 and Payments Accour)t Statements of Assets and Liabilities Notes to the Accounts
Lawrence House Museum Charity Number 276656 Trustee report for year ended 31st March 2024 charity's Addregs Lawrence House Museum, 9 Castle Street, Launceston, PL15 8BA Principle Off ice.. Launceston Town Hall, Western Roarl, Laltnceston, PL15 8AR Name Of Trustees Launceston Town Council The Town clerk acted as secretary Buttons Accounting acted as Treasurer The volunteer assisstant curator is Mrs Le51ey Barker Profes5ion41 Advisers Bankers- HSBC, 18 Broad Street, Launceston, PL15 8AQ Auditors.. Buttons Accountants, Prospect House, 11 Western Road, LaunStOn, PL15 7AS Governing Document 9 Castle street was leased to the Launceston Town Councll by the National Trust for plates of Historic interest or Natural Beauty on 29th December 1964, and subsequently on 19th May 1992 for a period of 99 years at a peppercorn rent. The Trust Deed was drawn tjpon 22nd September 1978. Trustee Selection The management, maintenance, repairs and fabric of the building and gardens are vested in the Trustee, Launceston Town Council. ObJe¢ts Of The Charity The objects of the charity are the advancement of education by the provision of a public museum In the town of Launceston and its surrounding district Public Beneftt The Museum is c105ed due to malntenance requirements but a Pop-up Museum is being run from a premises in the town centre. There Is no charge for admission to the Museum Iwhen openl or the Pop-up, so anyone may freely acce55 the co51ections. The Museum is a repDSltory of Launceston's history,. gifts are frequently made for the benefit of the commLSnity.
Management The Launceston Town Council, a5 tenant under the terms of the lease, 15 responsible for maintenance and repair of the building. The Trustees are responsible for the rnanagement and control of Lawrence House and Earden and the running expenses. The volunteer Curator manages the maintenance of exhibits and other activities carried out by the museum with a team of volunteer5. The Town Counc51 has established a Lawrence House Trustee Museum Management and Liaison Committee to support the work of the volunteers. The Forward Plan was reviewed in November 2019 and revised in 2021. Review Of Activitles The Museum was cornpelled to close to the publiL in March 2020 due to Covid, a global pandemic. A programme of exhibitions had been planned for the forthcoming season. It was dL4ring thi5 period that prevlously reported works required, accelerated with water leakage, collapsing plaster ceiling% and walls, and damage to artlfacts. Extensive works are being carried out at the Museum and they are being overseen by the Council's Estates and Propertie5 Manager and an appointed Project manager. Grant funding has been SLJ¢¢essfully sought to help with the large costs which have incurred throughout the external renovations and ftJrthÈr grant funding is being sought to refurbish the interior of the building. In order to have a pSenCe in the town during the repairs of the Museum, a suitable venue has been secured to open a Pop Up museum with changing exhibitions to keep the public interested and informed. The year began with the Pop-up Museum hosting an exhibition entitled the Feudal Dues, displaying the items that are presented to the new Duke of Cornwall on his first visit to Launce5ton. The autumn broueht an exhibition from the museum volunteerfs entitled Volunteerfs Choice and in the lead up to chri5tma5 the Pop-up was transformed into a Victorian Christmas. During the winter months, the closed season work was undertaken to prepare the 2024 exhibitions which opened with Victorian Household. B@hind the scenes much work has been undertaken by the rmuseums volunteer5 to move, shelve and catalogue the museum's collection into the new museum store5, based on Pennygillam Industrial Estate, Lau nceston. Open store days have been held with local groups visiting the stores to look around and see the extensive collection it huld5. The Curator's post was made Redundant from July 2023 Atcreditation The Museum was awarded Accredited Status In August 2009 and was re-accredited in March 2014. This distinction is awarded by the MLJseum5, Libraries and Archives Council. Due tu the c105ure of the Museum, the volunteers have in recent year5 made the case for, and up to now have bèen given, annual extensions of Accreditation provisional on the reopening of the building. The latest application for a further extension was submitted on November 5th 2024 and await the results.
Membershlps Lawrence House Museum is a rnember of AIM IA5$0ciation of Independent Museums), Visit Cornwall, the SE Cornwall Museums Forum, and Cornwall Museum5 Partnership Fundingtr Reserves and Investment Policies The museum does not have a reserves policy, nor an investment policy. Launceston Town Council makes an annLJal donation to enable the Management and Liaison Committee to deal with the day to day running of the rlluseum. All monie5 received as grants, donations from activitie5, sponsorship, covenants and from the donation boxes are used for improvements to displays and for the furtherance of the Collections and Management Policy. The Friends of Lawrence House Museum raise additional funds for the museum through a programme of talks, exhibitions and other events, and the sale of monographs. The Friends of Lawrence House M usetsm is a registered charity. Risk Mitigatlon Annual fire inspections are undertaken and measures taken to implement any recommendatlons. A new fire alarm and security system is required and has been quoted for but will not be installed until repairs have been carried out to the Museum. The museum is locked and the Town Hall hold key5. Stewards undergo training for emergencie5 and all exits are clearly marked. The stewards, role 15 primarily the security of the collections. A Collections policy is in place. Declaratlon l Declare In my capacity of charity trustee that the trustees have approved the report above and have authorised me to sign it on their behalf Chairman of the Trustee5
Independent Examiner's Report to the trustees of Lawrence House Museu I report to the trustees on my examination of the recelpts and payments account of Lawrence House Musèum for the year ended 31 March 2024 which comprise the receipts and payments account, statement of assets and liabilities and the related notes. Responsibilities and ba515 of report As the charity's trustees you are responsible for the preparation of the financial statement5 in accordance with the requirements of the Charities Act 20111'the Act'l. The trustees consider that an audit 15 not required for thi5 year underthe Charities Act 2011, s.144121 (the 2011 Act) and ihat an independent examination is needed. I report in respèct of my examination of the charity's linancial staternents carried out under Section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commi55ion under section 14515llbl of the Act. Independent examiner's statement I have completed my examination. I can confirm that no material matters have come to my attentlon in connection with the examination Èiving me cause to believe that in, any material respect.. the accounting records were not kept in respect of the charity as required by section 130 of the Act,. or the receipts and payment5 account do not accord with those records; or do not Comply with the accounting requirements of the 2011 Act. I have no concerns and have Come acrosg no othÈr matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the receipts and payments account to be reached. Buttons Accounting Ltd Prospect House 11 Western Road Launceston Cornwall PI15 7AS 31 March 2024
Lawrence House Museum Receipts and Payments Account For the year ended 31 March 2024 Unrestricted Re5tritted funds funds Total funds 2024 Total funds 2023 2024 2024 Receipts Launceston Town Council Grant Cornwall Council.. Small Business Grant Other Grants Donations Donation Boxes Rent5 25,000 25,000 25,000 633 633 2,175 558 3,150 146 359 359 Deposit Account Interest 491 491 Total 26,483 26,483 31,029 Total receipts 26,483 26.483 31,029 Payments Repairs and Garden Curator's Salary Employer Pension Costs Electriclty Water Rent Equipment and Display Costs Printlng, Stationery and Postage Telephone Webslte Subscriptions Advertising Professional Fees Travel Expenses Computer Expenses Bank Charges 181 15,936 132 5,167 338 6,000 1,200 386 810 899 759 664 1,017 1,445 258 60 15,936 132 5,167 338 6,000 1,200 386 810 899 759 19,050 390 10,646 588 6,000 2,899 539 424 864 989 833 600 616 890 71 664 1,017 1,445 258 60 Total 35,071 35,071 45,580 Tgtal payments 35,071 35,071 45,580 Net receipts for the year -8,588 -8,588 -14,551
Cash funds brought forward 28,959 5.990 34,949 49,500 Cash fund5 arried forward 20,371 5,990 26,361 34,949 Approved by the trustees on 31 March 2024 And signed on their behalf by-. Chairman of the Trustees 31 March 2024
Lawrence House Museum Statèmènt of Assets and Liabilities For the year ended 31 Malch 2024 Unrestricted Rè5trltted funds funds Total funds 2024 Total fvnds 2023 2024 2024 Cash funds Cash at Bank Petty Cash 24,646 120 24,646 120 32,694 497 Tolal 24,766 24,766 33,191 Assets retained for the charity's own use 1,782 1,782 1,782 Total 1,782 1,782 1,782 Liabilitie5 PAYE 603 2,784 603 2,784 440 3,984 Epson Lease Totsl 3,387 3,387 4,424 Approved by the trustees on 31 March 2024 And signed on their behalf by.. Jkc Chairman of the Trust 31 March 2024
Lawrence House Museum Notes to the Receipts and Payments Account For the year ended 31 March 2024 l Basi5 of preparation The statement of account has been prodUd on a receipts and payment5 basi5 and 15 in accordance with the Charities Act 2011 and by reference by the Charities SORP where relevant. 2 Fund accounting Unrestricled funds These are avai5able for use at the discretion of the trustees in furtherance of the general objects of the charity. These are unreslricted funds earmarked by the trustees for particular purposes, These are avallable for use sublect to restrictions imposed by the donor or through terms of an appeal. Designated funds Restricted funds 3 Taxation The charlty is exempt from tax on its charitable activities. 4 Non-monetary resourtes The Trust has the benefit of the lease of the premises which is occupied for charitable purposes. There are no rental payments made by the Charity for the léase. 5 Transactions with related parties and trustees There have been no transactions with Trustee5 or othe¥ related parties in the period of account. 6 Pension costs The charlty operates a defined contribution plan for its employee5. A defined contributlon plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The assets of the plan are held separately from the charity in independently administered funds. 7 Number ol employees The average monthly number of full time equivalent employees during the year was 112024: 11