2022-12-31-accounts - Nautical Museums Trust Limited

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`ReferenceandAdministrativeDetails`	`1`
`Trustees'Report`	`2to4`
`IndependentExaminer'sReport`	`5`
`StatementofFinancialActivities`	`6to 7`
`BalanceSheet`	`8to9`
`NotestotheFinancialStatements`	`10to20`

		`Unrestricted`	`Restricted`	`Total`
		`funds`	`funds`	`2022`
	`Note`	`£`	`£`	`£`
`IncomeandEndowmentsfrom:`
`Donationsandlegacies`	`2`	`22,380`	`-`	`22,380`
`Othertradingactivities`	`3`	`70,311`	`-`	`70,311`
`TotalIncome`		`92,691`	`-`	`92,691`
`Expenditureon:`
`Raisingfunds`	`5`	`(63,580)`	`(1,500)`	`(65,080)`
`Charitableactivities`	`6`	`(41,626)`	`-`	`(41,626)`
`TotalExpenditure`		`(105,206)`	`(1,500)`	`(106,706)`
`Netexpenditure`		`(12,515)`	`(1,500)`	`(14,015)`
`Netmovementinfunds`		`(12,515)`	`(1,500)`	`(14.015)`
`Reconciliationoffunds`
`Totalfundsbroughtforward`		`84,329`	`3,000`	`87,329`
`Totalfundscarriedforward`	`18`	`71,814`	`1,500`	`73,314`
		`Unrestricted`	`Restricted`	`Total`
		`funds`	`funds`	`2021`
	`Note`	`£`	`£`	`£`
`IncomeandEndowmentsfrom:`
`Donationsandlegacies`	`2`	`39,875`	`3,000`	`42,875`
`Othertradingactivities`	`3`	`58,854`	`-`	`58,854`
`Otherincome`	`4`	`2,707`	`-`	`2,707`
`Totalincome`		`101,436`	`3,000`	`104,436`
`Expenditureon:`
`Raisingfunds`	`5`	`(58,068)`	`-`	`(58,068)`
`Charitableactivities`	`6`	`(19,816)`	`(1,000)`	`(20,816)`
`Totalexpenditure`		`(77,884)`	`(1,000)`	`(78,884)`
`Netincome`		`23,552`	`2,000`	`25,552`
`Transfersbetweenfunds`		`1,900`	`(1,900)`	`-`
`Netmovementinfiinds`		`25,452`	`100`	`25,552`
`Reconciliationoffunds`
`Totalfundsbroughtforward`		`58,877`	`2,900`	`61,777`
`Totalfimdscarriedforward`	`18`	`84,329`	`3,000`	`87,329`

		`2022`	`2021`
	`Note`	`£`	`£`
`Fixedassets`
`Tangibleassets`	`13`	`29,015`	`32,182`
`Currentassets`
`Stocks`	`14`	`3,811`	`1,857`
`Debtors`	`15`
`-duewithinoneyear`		`2,066`	`302`
`Cashatbankandinhand`	`16`	`39,832`	`57,247`
		`45,709`	`59,406`
`Creditors:Amountsfallingduewithinoneyear`	`17`	`(1,410)`	`(4,259)`
`Netcurrentassets`		`44,299`	`55,147`
`Netassets`		`73.314`	`87,329`
`Fundsofthecharity:`
`Restrictedincomefunds`
`Restrictedftmds`		`1,500`	`3,000`
`Unrestrictedincomefunds`
`Unrestrictedftinds`		`71,814`	`84,329`
`TntnlfiinH«`	`18`	`73.314`	`87,329`

	`Unrestricted`
	`funds`	`Restricted`	`Total`
	`General`	`funds`	`funds`
	`£`	`£`	`£`
`Donationsandlegacies;`
`Donationsfromindividuals`	`16,314`		`16,314`
`Giftaidreclaimed`	`2,066`		`2,066`
`Grants,includingcapitalgrants;`
`Governmentgrants`	`4,000`		`4,000`
`Totalfor2022`	`22,380`		`22,380`
`Totalfor2021`	`39,875`	`3,000`	`42,875`
`3Incomefromothertradingactivities`
		`Unrestricted`
		`funds`	`Total`
		`General`	`funds`
		`£`	`£`
`Tradingincome;`
`Salesofgoodsandservices`		`68,474`	`68,474`
`Eventsincome;`
`Othereventsincome`		`1,837`	`1,837`
`Totalfor2022`		`70,31 1`	`70,311`
`Totalfor2021`		`58,854`	`58,854`
`4Otherincome`
		`Unrestricted`
		`funds`	`Total`
		`General`	`funds`
		`£`	`£`
`Totalfor2021`		`2,707`	`2,707`

		`Unrestricted`
		`funds`	`Restricted`	`Total`
		`General`	`funds`	`fhnds`
	`Note`	`£`	`£`	`£`
`Costsofgoodssold`		`28,600`	`-`	`28,600`
`Membershipsubscriptions`		`1,142`	`-`	`1,142`
`Marketingandpublicity`		`1,272`	`1,500`	`2,772`
`Depreciation,amortisationandothersimilar`
`costs`		`3,167`	`-`	`3,167`
`Otherdirectcostsofactivitiesforgenerating`
`funds`		`28,195`	`-`	`28,195`
`Totalfor2022`		`62,376`	`1,500`	`63,876`
`Totalfor2021`		`56,843`	`-`	`56,843`

		`Unrestricted`
		`funds`	`Total`
		`General`	`funds`
	`Note`	`£`	`£`
`Financecharges;`
`Bankcharges`		`1,204`	`1,204`
`Totalfor2022`		`1,204`	`1,204`
`Totalfor2021`		`1,225`	`1,225`

		`Unrestricted`
		`funds`	`Restricted`	`Total`
		`General`	`funds`	`funds`
	`Note`	`£`	`£`	`£`
`Staffcosts`		`1,149`	`-`	`1,149`
`Allocatedsupportcosts`		`5,283`	`-`	`5,283`
`Governancecosts`	`7`	`6,782`	`-`	`6,782`
`Activitiesundertakendirectly`		`28,412`	`-`	`28,412`
`Totalfor2022`		`41,626`	`-`	`41,626`
`Totalfor2021`		`19,816`	`1,000`	`20,816`

	`Unrestricted`
	`funds`	`Total`
	`General`	`funds`
	`£`	`£`
`Independentexaminerfees`
`Examinationofthefinancialstatements`	`1,104`	`1,104`
`LegalandProfessionalfees`	`5,678`	`5,678`
`Totalfor2022`	`6,782`	`6,782`
`Totalfor2021`	`6,532`	`6,532`

	`2022`	`2021`
	`£`	`£`
`Depreciationoffixedassets`	`3,167`	`3,172`
`Financechargespayable`	`1,204`	`1,225`

`1(1Staffcosts` `Theaggregatepayrollcostswereasfollows:`
	`2022`	`2021`
	`£`	`£`
`Staffcostsduringtheyearwere:`
`Wagesandsalaries`	`28,195`	`23,783`
`Pensioncosts`	`1,149`	`516`
	`29,344`	`24,299`

`11Independentexaminer'sremuneration`
	`2022`	`2021`
	`£`	`£`
`Examinationofthefinancialstatements`	`1,104`	`1,056`

`13Tangibletixedassets`
		`Exhibition`
	`Building`	`Casesand`	`Office`
	`Conversion`	`Fittings`	`Equipment`	`Total`
	`£`	`£`	`£`	`£`
`Cost`
`At1 January2022`	`95,798`	`68,360`	`20,293`	`184,451`
`At31December2022`	`95,798`	`68,360`	`20,293`	`184.451`
`Depreciation`
`At1 January2022`	`67,502`	`67,187`	`17,580`	`152,269`
`Chargefortheyear`	`1,916`	`240`	`1,011`	`3,167`
`At31December2022`	`69,418`	`67,427`	`18,591`	`155,436`
`Netbookvalue`
`At31December2022`	`26,380`	`933`	`1,702`	`29,015`
`At31December2021`	`28,296`	`1,173`	`2,713`	`32,182`
`14Stock`
			`2022`	`2021`
			`£`	`£`
`Stocks`			`3,811`	`1,857`
`15Debtors`
			`2022`	`2021`
			`£`	`£`
`Tradedebtors`			`2,066`	`302`

`16Cashandcashequivalents`
	`2022`	`2021`
	`£`	`£`
`Cashonhand`	`1,099`	`1,250`
`Cashatbank`	`35,780`	`53,459`
`Short-termdeposits`	`2,953`	`2,538`
	`39,832`	`57,247`
`17Creditors:amountsfallingduewithinoneyear`
	`2022`	`2021`
	`£`	`£`
`Tradecreditors`	`-`	`2,324`
`Othertaxationandsocialsecurity`	`306`	`603`
`Accruals`	`1,104`	`1,332`
	`1,410`	`4,259`

`18Funds`
							`Balanceat31`
	`Balanceat1`		`Incoming`		`Resources`		`December`
	`January2022`		`resources`		`expended`		`2022`
		`£`		`£`		`£`	`£`
`Unrestricted`
`General`
`UnrestrictedFund`		`79,329`		`92,691`		`(105,206)`	`66,814`
`Designated`
`DesignatedFund`		`5,000`			`-`	`-`	`5,000`
`TotalUnrestricted`		`84,329`		`92,691`		`(10536)`	`71,814`
`Restricted`
`RoyalPavillion`		`3,000`				`(U500)`	`1,500`
`Totalfunds`		`87,329`		`92,691`		`(106,706)`	`73,314`
							`Balanceat`
	`Balanceat`	`1`					`31`
	`January`	`Incoming`		`Resources`			`December`
	`2021`	`resources`		`expended`		`Transfers`	`2021`
	`£`		`£`		`£`	`£`	`£`
`Unrestrictedfunds`
`General`
`UnrestrictedFund`	`58,877`		`101,436`	`(77,884)`		`(3,100)`	`79,329`
`Designated`
`DesignatedFund`						`5,000`	`5,000`
`Totalunrestrictedfunds`	`58,877`		`101,436`	`(77,884)`		`1,900`	`84,329`
`Restricted`
`SussexFoundation`	`1,000`				`(1,000)`
`ForeshoreTrustSmall&`
`EventsGrantProgramme`	`1,900`					`(1,900)`
`RoyalPavillion`			`3,000`				`3,000`
`Totalrestrictedfunds`	`2,900`		`3,000`		`(1,000)`	`(1,900)`	`3,000`
`Totalfunds`	`61,777`		`104,436`		`(78,884)`	`-`	`87,329`

`19Analysisofnetfunds`
			`At31`
	`At1 January`	`Financingcash`	`December`
	`2022`	`flows`	`2022`
	`£`	`£`	`£`
`Cashatbankandinhand`	`57,247`	`(17,415)`	`39,832`
`Netdebt`	`57,247`	`(17,415)`	`39,832`

	`Total`	`Total`
	`2022`	`2021`
	`£`	`£`
`IncomeandEndowmentsfrom:`
`Donationsandlegacies(analysedbelow)`	`22,380`	`42,875`
`Othertradingactivities(analysedbelow)`	`70,311`	`58,854`
`Otherincome(analysedbelow)`	`-`	`2,707`
`Totalincome`	`92,691`	`104,436`
`Expenditureon:`
`Raisingfunds(analysedbelow)`	`(65,080)`	`(58,068)`
`Charitableactivities(analysedbelow)`	`(41,626)`	`(20,816)`
`Totalexpenditure`	`(106,706)`	`(78,884)`
`Net(expenditure)/income`	`(14,015)`	`25,552`
`Netmovementinfimds`	`(14,015)`	`25,552`
`Reconciliationoffunds`
`Totalfundsbroughtforward`	`87.329`	`61,777`
`Totalfundscarriedforward`	`73,314`	`87,329`

	`Total`	`Total`
	`2022`	`2021`
	`£`	`£`
`Donationsandlegacies`
`Other`	`16,314`	`9,543`
`GiftAidtaxReclaimed`	`2,066`	`2,539`
`GrantsReceivable`	`-`	`3,000`
`UKGovernmentGrants`	`4,000`	`27,793`
	`22.380`	`42,875`
`Othertradingactivities`
`Salesofpurchasedgoods`	`68,474`	`57.224`
`CharitableActivities/Events`	`1,837`	`1,630`
	`70,311`	`58,854`
`Otherincome`
`(Profit)/lossondisposaloftangiblefixedassets`	`-`	`2,707`
	`-`	`2,707`
`Raisingfitnds`
`Purchases`	`(28,600)`	`(26,706)`
`Wagesandsalaries`	`-`	`(507)`
`Tradesubscriptions`	`(1,142)`	`(331)`
`Bankcharges`	`(1,204)`	`(1,090)`
`BankInterestpayable- admin`	`-`	`(135)`
`OtherInterestpayable`	`-`	`(2)`
`Wagesandsalaries`	`(28,195)`	`(21,612)`
`ComputerSoftwareandMaintenance`	`-`	`(1,662)`
`Advertising- supportcosts`	`(1,500)`	`-`
`Advertising`	`(1,272)`	`(2,851)`
`Depreciationoffreeholdproperty`	`(1,916)`	`(1.916)`
`Depreciationoffixturesandfittings`	`(240)`	`(240)`
`Depreciationofofficeequipment`	`(1,011)`	`(1,016)`
	`(65,080)`	`(58,068)`
`Charitableactivities`
`Repairsandmaintenance`	`-`	`(1,858)`
`Sundryexpenses`	`2`	`-`
`Sundryexpenses`	`(363)`	`(158)`
`PensionCosts`	`(1,149)`	`(516)`
`CasualWages`	`(450)`	`-`
`Travelling`	`(56)`	`(409)`
`Rentandrates`	`(1,224)`	`-`
`Waterrates`	`(221)`	`(113)`

	`Total`	`Total`
	`2022`	`2021`
	`£`	`£`
`Light,heatandpower`	`(3,677)`	`(2,182)`
`Insurance`	`(3,332)`	`(2,582)`
`Repairsandmaintenance`	`(20,384)`	`(2,190)`
`Telephoneandfax`	`(3,205)`	`(1,821)`
`Computerandwebsitecosts`	`-`	`(1,000)`
`Printing,postageandstationery`	`(785)`	`(498)`
`Printing,postageandstationery`	`-`	`(307)`
`Consultancy`	`-`	`(650)`
`Legalandprofessionalfees- IndependentExamination`	`(1,104)`	`(1.056)`
`Legalandprofessionalfees`	`(5,678)`	`(5,476)`
	`(41,626)`	`(20,816)`