| Page | |||
|---|---|---|---|
| Report of the Trustees | |||
| Independent Examiner's |
Report | ||
| Statement of Financial |
Activities | ||
| Balance Sheet | |||
| Notes to the Financial Statements | 5 to 9 | ||
| Detailed Statement of Financial | Activities | 10to 11 |
| 31.12.23 | 31.12.23 | 31.12,22 | 31.12,22 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | funds | Total | funds | |||||
| funds | fund | |||||||||
| as | restated | |||||||||
| Not | 6 | |||||||||
| es | ||||||||||
| INCOMING RESOURCES |
||||||||||
| Incoming resources from generated Voluntary income Activities for generating funds Investment Income |
funds | 2 3 |
4,647 4,679 ~30844 |
4,647 4,679 ~30844 |
3,532 2,484 ~29 052 |
|||||
| Total incoming resources |
40,170 | 40,170 | 35,068 | |||||||
| RESOURCES EXPENDED | ||||||||||
| Costs ofgenerating funds Costs of generating voluntary |
income | 37,20-'i | 1,090 | 38,294 | 31,168 | |||||
| Fundraising trading: cost of costs |
goods | sold and other | 2,378 | 2,378 | 1,923 | |||||
| Investment management costs Governance costs |
5 | 2,865 420 |
2,865 420 |
275 360 |
||||||
| Total resources expended | 42,867 | 1,090 | 43,957 | 33,726 | ||||||
| NET INCOME/(EXPENDITURE) YEAR BEFORETRANSFERS |
FOR THE | (2,697) | (1,090) | (3,787) | 1,342 | |||||
| Gross transfers between |
funds | 11 | ~4632) | ~4632 | ||||||
| Net income/(expenditure) | for | the year | (7,329) | 3,542 | (3,787) | 1,342 | ||||
| RECONCILIATION OF FUNDS |
||||||||||
| As previously reported Prior year adjustment |
7 | 442,714 ~96051) |
50,697 - |
493,411 ~96051) |
483,836 ~87818) |
|||||
| As Restated | 346,663 | 50,697 | 397,360 | 396,018 | ||||||
| TOTAL FUNDS CARRIED | FORWARD | ~339 334 | ~54 239 | ~393573 | ~397 360 |
| 31.12.23 | 31.12.23 | 31.12.22 | 31.12.22 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | funds | Total | funds | ||||
| funds | fund | ||||||||
| as | restated | ||||||||
| Not | I | ||||||||
| es | |||||||||
| FIXEDASSETS | |||||||||
| Tangible | assets | 307,362 | 54,238 | 361,600 | 366,291 | ||||
| CURRENT ASSETS | |||||||||
| Stocks | 1,828 | 1,828 | 1,769 | ||||||
| Cash at | bank and | in hand | ~30 503 | ~30 504 | ~29 658 | ||||
| 32,331 | 32 332 | 31,'l27 | |||||||
| CREDITORS | |||||||||
| Amounts | falling due within one year | 10 | (359) | (359) | (358) | ||||
| NET CURRENT | ASSETS | ~31972 | ~31973 | ~31069 | |||||
| TOTAL | ASSETS | LESSCURRENT LIABILITIES | 339,334 | 54,239 | 393,573 | 397,360 | |||
| NET ASSETS | ~339 334 | ~54 239 | ~393 573 | ~397 360 | |||||
| FUNDS | |||||||||
| Unrestricted funds: |
|||||||||
| Museum | 330,407 | 337,801 | |||||||
| History | Society Fund | ~8927 | ~8862 | ||||||
| 339,334 | 346,663 | ||||||||
| Restricted funds: |
|||||||||
| Bathing | Machine | ~54 239 | ~50 697 | ||||||
| TOTAL | FUNDS | ~393 573 | ~397 360 |
| Depredati | on is provided at the follo |
wing annual rates in orde |
|---|---|---|
| Freehold | property | —2% on cost |
| improvements to property |
- 2% on cost | |
| plant and | machinery | - 33%on cost |
| 31.12.23 | 31.12.22 | |||||
|---|---|---|---|---|---|---|
| as restated | ||||||
| I | f | |||||
| Donations | - | History Sodety | 460 | 135 | ||
| Donations | - | Museum | 3,068 | 1,274 | ||
| Grants | 1,250 | |||||
| Subscriptions | - | Local History Society | 873 | |||
| ~4647 | ~3532 | |||||
| Grants received, | included | in the above, are as follows: | ||||
| 31.12,23 | 31.12.22 | |||||
| as restated | ||||||
| I | 6 | |||||
| Other grants | ~1250 |
| 31.12.23 | 31.12.22 | |||
|---|---|---|---|---|
| as restated | ||||
| E | E | |||
| History | Society - income | 817 | 664 | |
| Museum | income | ~3862 | ~1820 | |
| ~4679 | ~2484 | |||
| INVESTMENT INCOME | ||||
| 31.12.23 | 31.12.22 | |||
| as restated | ||||
| E | E | |||
| Rents received | 27,315 | 26,460 | ||
| Utilities | recovered | 3,435 | 2,588 | |
| Deposit | account interest | 94 | 4 | |
| ~30 844 | ~29 052 | |||
| INVESTMENT MANAGEMENT | COSTS | |||
| 31.12.23 | 31.12.22 | |||
| as restated | ||||
| E | ||||
| Property | repairs | ~2865 | 275 |
| 8. | TANGIBLE FIXED ASSET | S | ||||||
|---|---|---|---|---|---|---|---|---|
| Freehold | improvements | Plant and | ||||||
| properly E |
to property f |
machinery E |
Totals E |
|||||
| COST | ||||||||
| At 1January 2023 Additions |
270,000 | 192,342 ~4632 |
1,055 | 463,397 ~4632 |
||||
| At 31December 2023 | ~270 000 | ~196974 | ~1055 | ~468 029 | ||||
| DEPRECIATION | ||||||||
| At 1 January 2023 Charge for year |
63,000 ~5400 |
33,051 ~3923 |
1,055 | 97,106 ~9323 |
||||
| At 31 December 2023 | ~68 400 | ~36974 | ~1055 | ~106429 | ||||
| NET BOOK VALUE | ||||||||
| At 31 December 2023 | ~201 600 | ~160 000 | ~361600 | |||||
| At 31 December 2022 | ~207 000 | ~159 291 | ~366 291 | |||||
| 9 | STOCKS | |||||||
| 31.12.23 | 31.12.22 | |||||||
| as restated | ||||||||
| f | E | |||||||
| Stocks | ~1828 | ~1769 | ||||||
| 10. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 31.12.23 | 31.12.22 | |||||||
| as restated | ||||||||
| E | f | |||||||
| Other creditors | 359 | 358 | ||||||
| 11. | MOVEMENT IN FUNDS | |||||||
| Prior year | Net | movement | Transfers | |||||
| At 1.1.23 E |
adjustment E |
in funds f |
between | funds | At 31.12.23 f |
|||
| Unrestricted funds |
||||||||
| Museum History Society Fund |
433,852 ~8862 |
(96,051) | (2,762) 65 |
(4,632) | 330,407 ~8927 |
|||
| 442,714 | (96,051) | (2,697) | (4,632) | 339,334 | ||||
| Restricted funds | ||||||||
| Bathing Machine |
50,697 | (1,090) | 4,632 | 54,239 | ||||
| TOTAL FUNDS | ~493411 | ~96051) | ~3787) | ~393 573 |
| Incoming | Resources | Movement in |
||||||
|---|---|---|---|---|---|---|---|---|
| resources | expended | funds | ||||||
| E | E | E | ||||||
| Unrestricted | funds | |||||||
| Museum | 37,722 | (40,484) | (2,762) | |||||
| History | Society | Fund | ~2448 | ~2383) | 65 | |||
| 40,170 | (42,867) | (2,697) | ||||||
| Restricted | funds | |||||||
| Bathing | Machine | (1,090) | (1,090) | |||||
| TOTAL | FUNDS | ~40 170 | ~43 957) | ~3787) | ||||
| Comparatives | for movement | in funds | ||||||
| Prior year | Net movement | Transfers | ||||||
| At 1.1.22 | adjustment | In funds | between funds |
At 31.12.22 | ||||
| E | E | E | E | |||||
| Unrestricted | Funds | |||||||
| Museum History |
Society | Fund | 441,966 9 153 |
(87,818) | 383 ~291) |
(16,730) | 337,801 ~8862 |
|
| 451,119 | (87,818) | 92 | (16,730) | 346,663 | ||||
| Restricted | Funds | |||||||
| Bathing | Machine | 32,717 | 1,250 | 16,730 | 50,697 | |||
| TOTAL | FUNDS | ~483 836 | ~87818) | ~1342 | ~397360 |
| Compara | tive net movement in funds, included |
in the above are as follows: | ||
|---|---|---|---|---|
| Incoming | Resources | Movement in |
||
| resources | expended | funds | ||
| E | E | E | ||
| Unrestricted funds |
||||
| Museum History |
Society Fund | 32,144 ~1674 |
(31,761) ~1965) |
383 ~291) |
| 33,818 | (33,726) | 92 | ||
| Restricted funds | ||||
| Bathing | Machine | 1,250 | 1,250 | |
| TOTAL | FUNDS | ~35 068 | ~33 726) | ~1342 |
| Prior year | Net movement | Transfers | Transfers | ||||
|---|---|---|---|---|---|---|---|
| At 1.1.22 | adjustment | in funds | between | funds | At 31.12.23 | ||
| 6 | 6 | 6 | 6 | 6 | |||
| Unrestricted funds |
|||||||
| Museum | 441,966 | (87,818) | (2~379) | (21(362) | 330,407 | ||
| History | Society Fund | 9,153 | (226) | 8,927 | |||
| Restricted funds | |||||||
| Bathing | Machine | ~32 717 | 160 | ~21 362 | ~54 239 | ||
| TOTAL | FUNDS | ~483 836 | ~87818) | ~2445) | ~393 573 |
| Incoming | Resources | Movement ln |
||
|---|---|---|---|---|
| resources | expended | Iunds | ||
| 6 | 6 | E | ||
| Unrestricted funds |
||||
| Museum | 69,866 | (72,245) | (2,379) | |
| History | Society Fund | 4,122 | (4,348) | (226) |
| 73,988 | (76,593) | (2,605) | ||
| Restricted funds | ||||
| Bathing | Machine | ~1250 | ~1090) | 160 |
| TOTAL | FUNDS | ~75 238 | ~77 683) | ~2445) |
| Year | Ended | 31.12.23 | 31.12.23 | Year | Ended | 31.12.22 | 31.12.22 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| as restated | |||||||||||||
| History | History | ||||||||||||
| Museum f |
Society f |
Totalf | Museum f |
Society f |
Totalf | ||||||||
| Voluntary | income | ||||||||||||
| Donations | 3,068 | 460 | 3,528 | 1,274 | 135 | 1,409 | |||||||
| Grants | 1,250 | 1,250 | |||||||||||
| Subscriptions | 1,119 | 1,119 | 873 | 873 | |||||||||
| 3~068 | 1~579 | 4~647 | 2 524 | 1008 | 3~532 | ||||||||
| Activities | for generating | funds | |||||||||||
| Christmas | Lunch | 597 | 597 | 593 | 593 | ||||||||
| Christmas | Raffle | 129 | 129 | 71 | 71 | ||||||||
| Sales Income | 3862 | 91 | 3,953 | 1,820 | 1,820 | ||||||||
| 3~862 | 817 | 4/679 | 1~820 | 664 | 2,484 | ||||||||
| Investment income |
|||||||||||||
| Rents received | 27,315 | 27,315 | 26,460 | 26,460 | |||||||||
| Utilities recovered | 3,435 | 3,435 | 2,588 | 2,588 | |||||||||
| Deposit account | interest | 42 | 52 | 94 | 2 | 2 | 4 | ||||||
| 30792 | 52 | 30~844 | 29/050 | 2 | 29,052 | ||||||||
| Total incoming | resources | 37 722 | 2448 | 40170 | 33394 | 1674 | 35068 | ||||||
| RESOURCES EXPENDED | |||||||||||||
| Costs of | generating | voluntary | income | ||||||||||
| Rates and | water | 1,178 | 1,178 | 1,175 | 1,175 | ||||||||
| Insurance | 2,062 | 2,062 | 1,972 | 1,972 | |||||||||
| Ught and | heat | 3,985 | 3,985 | 3,097 | 3,097 | ||||||||
| Telephone | 778 | 778 | 1,389 | 1,389 | |||||||||
| Postage and stationery | 1,283 | 496 | 1,779 | 1,170 | 445 | 1,615 | |||||||
| Sundries | 25 | 25 | 100 | 25 | 125 | ||||||||
| Speaker costs | 618 | 618 | 402 | 402 |
| Year | Ended | 31.12.23 | 31.12.23 | Year | Ended 31.12.22 | Ended 31.12.22 | Ended 31.12.22 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| as restated | ||||||||||||
| History | History | |||||||||||
| Museum f |
Society f |
Total f |
Museum | Society f |
Totalf | |||||||
| Costs ofgenerating | voluntary | income— | ||||||||||
| cont. | ||||||||||||
| Meeting room ik |
hall hire | 384 | 384 | 320 | 320 | |||||||
| Displays 6 stalls | 780 | 780 | ||||||||||
| Advertising | 3,357 | 3,357 | 821 | 821 | ||||||||
| Refreshments | 437 | 437 | 43 | 43 | ||||||||
| Repairs and renewals | 9,166 | 9,166 | 7,232 | 7I232 | ||||||||
| Computer costs |
'l74 | 474 | 823 | 823 | ||||||||
| Managing agent |
fees | 3,948 | 3,948 | 3,921 | 3,921 | |||||||
| Freehold property |
depreciation | 5,400 | 5,400 | 5,400 | 5,400 | |||||||
| Property improvements |
depreciation | 3,923 | 3.923 | 2,833 | 2,833 | |||||||
| 36I771 | 1~523 | 38,294 | 29,976 | 1,192 | 31,168 | |||||||
| Fundraising trading: |
cost of | goods | sold and other costs | |||||||||
| Purchases | 1,728 | 650 | 2,378 | 1,330 | 593 | 1,923 | ||||||
| Property management | costs | |||||||||||
| Property repairs |
2,865 | 2,865 | 275 | 275 | ||||||||
| Governance costs |
||||||||||||
| Accountancy | 210 | 210 | 420 | 180 | 180 | 360 | ||||||
| Totalresources | expended | 41 574 | 2 | 383 | 43 957 | 31761 | 1 | 965 | 33726 | |||
| Net income | 3852 | 65 | 3787 | 1633 | 291 | 1342 |