2020-12-31-accounts

Reference and Administrative Details	Reference and Administrative Details	Reference and Administrative Details
Trustees' Report			2 to 5
Independent Examiner's		Report
Statement ofFinancial		Activities
Balance Sheet			8to 9
Notes to the Financial	Statements		10to 19

					Unrestricted	Restricted	Total
					funds	funds	2020
				Note			f.
Income and	Endowments		from:
Donations and legacies					33,780	2,900	36,680
Other trading	activities				2,842		2,842
Total Income					36,622	2,900	39,522
Expenditure	on:
Raising funds					(12,804)		(12,804)
Charitable activities					(16,556)		(16,556)
Total Expenditure					(29,360)		(29,360)
Net income					7,262	2,900	10,162
Net movement	in funds				7,262	2,900	10,162
Reconciliation offunds
Total funds brought		forward			51,615		51,615
Total funds carried		forward		18	58,877	2,900	61,777
						Unrestricted	Total
						funds	2019
					Note
Income and Endowments			from:
Donations and	legacies					24,914	24,914
Other trading	activities					44,709	44,709
Total income						69,623	69,623
Expenditure	on:
Raising funds						(39,723)	(39,723)
Charitable activities						(20,536)	(20,536)
Total expenditure						(60,259)	(60,259)
Net income						9,364	9,364
Net movement	in funds					9,364	9,364
Reconciliation	offunds
Total funds brought		forward				42,252	42,252
Total funds carried forward					18	51,616	51,616

					2020	2019
				Note		8
Fixed assets
Tangible assets				12	37,638	35,070
Current assets
Stocks				13	2,538	2,594
Debtors				14
- due within	one year				393	595
Cash at bank	and in hand			15	41,225	15,479
					44,156	18,668
Creditors: Amounts		falling due within	one year	16	(2,517)	(2,122)
Net current	assets				41,639	16,546
Total assets	less current liabilities				79,277	51,616
Creditors: Amounts		falling due after	more than one year	17	(17,500)
Net assets					61,777	51,616
Funds ofthe	charity:
Restricted income funds
Restricted funds					2,900
Unrestricted	income	funds
Unrestricted	funds				58,877	51,616
Total funds				18	61,777	51,616

				Unrestricted
				funds	Restricted	Total
				General	funds	funds
Donations and	legacies;
Chalk Cliff Trust				5,000		5,000
Donations from		individuals		1,780		1,780
Grants, including		capital grants;
Government	grants			27,000		27,000
Donations from		community	groups		2,900	2,900
Total for 2020				33,780	2,900	36,680
Total for 2019				24,914		24,914

	Unrestricted
	funds	Total
	General	funds
Trading income;
Sales ofgoods and services	2,578	2,578
Events income;
Other events income	264	264
Total for 2020	2,842	2,842
Total for 2019	44,709	44,709

					Unrestncted
					funds	Total
					General	funds
				Note	f
Costs ofgoods sold					1,745	1,745
Membership	subscriptions				221	221
Marketing and publicity					1,755	1,755
Depreciation,	amortisation	and other similar	costs		3,486	3,486
Other direct	costs ofactivities for generating		funds		5,081	5,081
Total for 2020					12,288	12,288
Total for2019					38,850	38,850

		Unrestricted
		funds	Total
		General	funds
	Note
Finance charges;
Bank charges		516		516
Total for 2020		516		516
Total for 2019		873		873

				Unrestricted
				funds	Total
				General	funds
			Note	f
				4,350	4,350
Staff costs				218	218
Allocated	support costs			5,564	5,564
Governance		costs		6,424	6,424
Total for 2020				16,556	16,556
Total for 2019				20,536	20,536

				Unrestricted
				funds	Total
				General K	fundsf
Independent examiner		fees
Examination	ofthe	financial	statements	1,100	1,100
Legal and Professional		fees		5,324	5,324
Total for 2020				6,424	6,424
Total for 2019				5,953	5,953

7	Net incoming/outgoing	Net incoming/outgoing	resources
Net	incoming	resources for	the year include:
				2020	2019
				g	f
Depreciation		offixed assets		3,486	2,496
Finance charges payable				516	873

9 Staff costs The aggregate payroll costs were as follows;
	2020	2019
		f
Staff costs during the year were:
Wages and salaries	5,081	15,420
Pension costs	218	272
	5,299	15,692

2020	2019
1,100		950

12 Tangible fixed assets
		Exhibition
	Building	Cases and	Office
	Conversion	Fittings	Equipment	Total
			8
Cost
At 1 January 2020	95,798	68,360	16877	181035
Additions		2,837	3,217	6,054
At 31 December 2020	95,798	71,197	20,094	187,089
Depreciation
At 1 January 2020	63,670	66,707	15,587	145,964
Charge for the year	1,916	595	976	3,487
At 31 December 2020	65,586	67,302	16,563	149,451
Net book value
At 31 December 2020	30,212	3,895	3,531	37,638
At 31 December 2019	32,128	1,653	1,290	35,071
13 Stock
			2020	2019
Stocks			2,538	2,594
14 Debtors
			2020	2019
Trade debtors			184
Prepayments				402
Other debtors			209	193
			393	595

			2020	2019
CasA on hand			50	50
Cash at bank			26,499	1,776
Short-term	deposits		14,676	13,653
			41,225	15,479
16 Creditors: amounts		falling due within one year
			2020	2019
			f.
Trade creditors			1,441	1,138
Accrual s			1,076	984
			2,517	2,122

18 Funds
					Balance	at31
		Balance at I	Incoming	Resources	December
		January 2020	resources	expended	2020
					f,
Unrestricted
General
Unrestricted	Fund	51,615	36,622	(29,360)	58,877
Restricted
Sussex Foundation			1,000			1,000
Foreshore Trust Small &Events
Grant Programme			1,900			1,900
Total restricted			2,900			2,900
Total funds		51,615	39,522	(29,360)	61,777

Notes to the	Financial Statements for	the Year Ende	d 31December	2020
				Balance at31
	Balance at 1	incoming	Resources	December
	January 2019	resources f	expended	2019 f
Unrestricted
General	42,252	69,623	(60,259)	51,616

19 Analysis ofnet funds
			At 31
	At 1January	Financing cash	December
	2020f	flows	2020
Cash at bank and in hand	15,479	25,746	41,225
Net debt	15,479	25,746	41,225

Detailed State	men	t	of	Financial Activities fo	r the Year Ended 31Decemb	er 2020
					Total	Total
					2020	2019
Income and Endowments		from:
Donations and legacies	(analysed			below)	36,680	24,914
Other trading activities	(analysed			below)	2,842	44,709
Total income					39,522	69,623
Expenditure on:
Raising funds (analysed	below)				(12,804)	(39,723)
Charitable activities (analysed			below)		(16,556)	(20,536)
Total expenditure					(29,360)	(60,259)
Net income					10,162	9,364
Net movement in funds					10,162	9,364
Reconciliation offunds
Total funds brought forward					51,615	42,252
Total funds carried forward					61,777	51,616

Detailed St	ate	ment ofFinancial Activities for the Ye	ar Ended 31Dece	mber 2020
			Total	Total
			2020	2019
			f
Donations and legacies
Museum			805	12,268
Other			975	12,646
Grants Receivable	- Sussex Foundation		1,000
Grants Receivable	- Foreshore Trust Small and Events Grant		1,900
Grants Receivable	- Primrose		5,000
UK Government Grants			27,000
			36,680	24,914
Other trading activities
Sales ofpurchased	goods		2,578	43,176
Charitable Activities/Events			264	1,533
			2,842	44,709
Raising funds
Purchases			(1,745)	(19,425)
Trade subscriptions			(221)	(447)
Bank charges			(426)	(697)
Bank charges			(90)	(176)
Wages and salaries			(4,468)	(15,069)
Repairs and maintenance			(400)	(105)
Computer Sottware	and	Maintenance	(213)	(246)
Advertising			(1,755)	(1,062)
Depreciation offreehold property Depreciation offixtures and fittings Depreciation ofoffice equipment			(1,915) (595) (976)	(1,916) (247) ~333)
			(12,804)	(39,723)
Charitable activities
Repairs and maintenance			(1,933)	(1,719)
Costs - Walks And Events				(127)
Sundry expenses				2
Sundry expenses			(133)	(122)
Pension Costs			(218)	(272)
Travelling				(370)
Rent and rates			(307)	(3,136)
Water rates			(68)	(212)
Light, heat and power			(1,599)	(2,101)
Insurance			(3,256)	(2,822)
Repairs and maintenance			(464)	(1,404)

Det	a	iled Stat	ement ofFinanc	ial Activities for the	Year Ended 31Decemb	er 2020
					Total	Total
					2020	2019
						f.
Telephone		and fax			(1,014)	(1,921)
Printing,	postage and		stationery		(340)	(379)
Legal and		professional	fees - Independent	Examination	(1,100)	(950)
Legal and		professional	fees		(5,324)	(5,003)
					(16,556)	(20,536)