| Page | ||||
|---|---|---|---|---|
| Report ofthe | Trustees | 3to 8 | ||
| Independent | Examiner's | Report | ||
| Statement of | Financial | Activities | ||
| Balance Sheet | ||||
| Notes to the Financial | Statements | 12to 22 |
| The | financial | financial | statements | statements | statements | have been prepared | have been prepared | have been prepared | have been prepared | have been prepared | in accordance with |
the accounting | the accounting | the accounting | the accounting | policies | set | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| out | in note | 2 to | the | accounts | and | comply | with the charity's |
Governing | Document, | the | ||||||||
| Companies | Act 2006 | and | Reporting | by | Charities: Statement |
of Recommended | Practice | |||||||||||
| applicable | in | the UK and | Republic | of Ireland | (FRS102). | |||||||||||||
| Company | Registration | Number | 01790935(England | and Wales) | ||||||||||||||
| Registered | Charity | Number | 288865 | |||||||||||||||
| Registered | Address | of | the | Charity | 49 High Street | |||||||||||||
| Amersham | ||||||||||||||||||
| Bucks HP7 ODP | ||||||||||||||||||
| Chairman | and Director | Howard Gotch |
||||||||||||||||
| Trustees | Kieran McPolin | |||||||||||||||||
| Alison Bailey | ||||||||||||||||||
| Elizabeth Lean —resigned |
19.04.2023 | |||||||||||||||||
| Valerie Russell —resigned | 19.04.2023 | |||||||||||||||||
| Nicholas Gammage | —appointed | 01.04.2022 | ||||||||||||||||
| Peter Healy —appointed | 01.04.2022 | |||||||||||||||||
| Jane Barnes —appointed | 01.04.2022 | |||||||||||||||||
| Linda Gould —appointed | 19.04.2023 | |||||||||||||||||
| Mary Tebje —appointed | 19.04.2023 | |||||||||||||||||
| Jenifer Baker —appointed | 19.04.2023 | |||||||||||||||||
| Tessa Drysdale —appointed 19.04.2023 | ||||||||||||||||||
| Bankers | CAF Bank Limited | |||||||||||||||||
| 25 Kings Hill Avenue |
||||||||||||||||||
| Kingshill | ||||||||||||||||||
| West Mailing | ||||||||||||||||||
| Kent ME194JQ | ||||||||||||||||||
| Independent | Examiner | David Green MA (Cantab) | ACA | |||||||||||||||
| Azets | ||||||||||||||||||
| Suites B8 D | ||||||||||||||||||
| Burnham Yard |
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| Beaconsfield | ||||||||||||||||||
| Bucks HP9 2JH |
| Unrestricted | Restricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||||
| Notes | 2022 | 2022 | 2022 | 2021 | ||||
| f | f | f | f | |||||
| INCOME | ||||||||
| Donations and legacies |
45,564 | 108,615 | 154,179 | 36,094 | ||||
| Charitable activities |
41,759 | 41,759 | 29,534 | |||||
| Investments | 8,946 | 8,946 | 8,186 | |||||
| Grants | 7,248 | 120 | 7,368 | 47,704 | ||||
| Total Income | 103,517 | 108,735 | 212,252 | 121,518 | ||||
| EXPENDITURE | ||||||||
| Raising funds | 8 | (11,548) | (11,548) | (8,130) | ||||
| Charitable activities |
9 | (128,868) | (19,522) | (148,390) | (114,510) | |||
| Investment management |
costs | 10 | (6,474) | (6,474) | (6,286) | |||
| Total expenditure | (146,890) | (19,522) | (166,412) | (128,926) | ||||
| Net (losses)/gains | on | |||||||
| investments | 11 | (41,557) | (41,557) | 56,981 | ||||
| Gain on revaluation | of building | 12 | 606,444 | 606,444 | ||||
| Net Income for the | year | 521,514 | 89,213 | 610,727 | 49,573 | |||
| Transfer between | funds | 18 | (855) | 855 | ||||
| Reconciliation of Funds | ||||||||
| Total Funds brought | forward | 1,553,242 | 17,425 | 1,570,667 | 1,521,094 | |||
| Total Funds carried | forward | 18 | 2,073,901 | 107,493 | 2,181,394 | 1,570,667 |
| Total | Total | |||
|---|---|---|---|---|
| Funds | Funds | |||
| Notes | 2022 | 2021 | ||
| FIXEDASSETS | E | E | ||
| Tangible assets | 12 | 1,459,343 | 870,822 | |
| Investments -at Market Value |
13 | 592,709 | 661,871 | |
| 2,052,052 | 1,532,693 | |||
| CURRENT ASSETS | ||||
| Stock | 4,481 | 3,944 | ||
| Debtors | 14 | 6,213 | 6,573 | |
| Cash in hand and at | Bank | 123,279 | 29,809 | |
| 133,973 | 40,326 | |||
| LESS:CURRENT LIABILITIES | ||||
| Creditors: amounts | due within one year | 15 | (4,631) | (2,352) |
| NET ASSETS | 2,181,394 | 1,570,667 | ||
| CHARITY FUNDS | ||||
| Unrestricted funds |
2,073,901 | 1,553,242 | ||
| Restricted funds | 107,493 | 17,425 | ||
| Total charity funds | 18 | 2,181,394 | 1,570,667 |
| In the op | in | ion o | fth | e trustees, there ar | e no speci | fic key judgements | or areas ofe | stimates to discl | ose. |
|---|---|---|---|---|---|---|---|---|---|
| 3.GRANTS | 2022 | 2022 | 2021 | 2021 | |||||
| Unrestricted | Restricted | Unrestricted | Restricted | ||||||
| Buckinghamshire | County Council Covid Grant | 4,000 | 26,643 | ||||||
| Royal Pavillion | History | Course Grant | 120 | ||||||
| Rothschild Recovery Grant |
5,000 | ||||||||
| Buckinghamshire | County Museum Trust Cultural |
||||||||
| Outreach Grant |
1,997 | ||||||||
| National Lottery |
Heritage | Fund Plastic Free Shop | |||||||
| Grant | 9,100 | ||||||||
| Plastic Free Grant | 3,248 | ||||||||
| Other Grants | 3,537 | ||||||||
| Grants - Job Retention | Scheme and Furlough | Scheme | 1,427 | ||||||
| 7,248 | 120 | 28,070 | 19,634 |
| 4.INCOME FROM DONATIONS | 4.INCOME FROM DONATIONS | 4.INCOME FROM DONATIONS | 4.INCOME FROM DONATIONS | AND LEGACIES | AND LEGACIES | 2022 | 2022 | 2021 | 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Unrestricted | Restricted | ||||||
| Donations | &legacies | 18,786 | 13,574 | ||||||
| Events | 5,382 | 6,313 | |||||||
| Friends of | Amersham | Museum | 3,330 | 3,240 | |||||
| HMRC Gift | aid | 1,845 | 3,999 | ||||||
| Projects | 11,205 | 108,615 | 5,693 | ||||||
| Family &.Adult Programmes | 5,016 | 3,275 | |||||||
| 45,564 | 108,615 | 30,401 | 5,693 | ||||||
| 5.INVESTMENT INCOME | 2022 | 2022 | 2021 | ||||||
| Unrestricted | Restricted | ||||||||
| Interest received - | COIF &.CAF | 77 | 1 | ||||||
| Investment | income | (dividends | and interest) | 8,869 | 8,185 | ||||
| 8,946 | 8,186 | ||||||||
| 6.CHARITABLE | ACTIVITIES | 2022 | 2022 | 2021 | |||||
| Unrestricted | Restricted | ||||||||
| Admissions, | guided | walks and | talks | 18,693 | 12,533 | ||||
| Sale ofgoods | 15,592 | 11,146 | |||||||
| Room Hire | 2,942 | 950 | |||||||
| Club 200 income | 4,532 | 4,905 | |||||||
| 41,759 | 29,534 |
| 7.NET INCOME FOR THE YEAR | 2022 | 2021 | |
|---|---|---|---|
| Net income is stated after | |||
| (crediting)/charging: | |||
| Depreciation | 19,731 | 22,238 | |
| Accountancy fees —Independent |
Examination | ||
| and other fees | 3,300 | 2,449 | |
| 8.RAISING FUNDS | 2022 | 2021 | |
| Cost ofgoods sold | 11,548 | 8,130 |
| 9.ANALYSIS OF | EXPENDITURE ON CHARITABLE ACTIVITIES AND SUPPORT COSTS | EXPENDITURE ON CHARITABLE ACTIVITIES AND SUPPORT COSTS | EXPENDITURE ON CHARITABLE ACTIVITIES AND SUPPORT COSTS | EXPENDITURE ON CHARITABLE ACTIVITIES AND SUPPORT COSTS | EXPENDITURE ON CHARITABLE ACTIVITIES AND SUPPORT COSTS | ||
|---|---|---|---|---|---|---|---|
| 2022 | 2022 | 2021 | |||||
| Unrestricted | Restricted | ||||||
| Staff | 46,145 | 37,041 | |||||
| Exhibitions 8 |
events | 165 | 237 | ||||
| Conservation | 1,715 | 1,264 | |||||
| Interpretation | 555 | ||||||
| Acquisitions | 207 | 419 | |||||
| Subscri ptions | 386 | 355 | |||||
| Publicity | 2,573 | 1,278 | |||||
| Legacies | 74 | ||||||
| MLvM Charitable | Trust | 1,077 | 4,813 | ||||
| AONB Chalk, | Cherries | 8 | chairs | 1,032 | 5,694 | ||
| Age Friendly | 4,385 | 98 | |||||
| Martyrs Play |
7,061 | ||||||
| Rothschild Recovery |
5,000 | ||||||
| Cultural Outreach |
1,997 | ||||||
| Plastic Free Shop | 8,721 | 1,917 | |||||
| Recovery Grant/Retail | Artist | 2,486 | |||||
| Innovate to Generate | Local History Course | 1,000 | |||||
| Together we | build | stronger | 821 | ||||
| Schools | 304 | 232 | |||||
| Talks | 398 | 321 | |||||
| Art Club | 2,038 | 1,127 | |||||
| Mobile Museum | 2,841 | 1,931 | |||||
| Club 200costs | 2,375 | 2,197 | |||||
| Cleaning | 5,763 | 4,028 | |||||
| General Maintenance |
8,753 | 4,413 | |||||
| Security 5alarm | maintenance | 1,908 | 40 | ||||
| Utilities -Electric/ | rates | 5water | 4,378 | 3,353 | |||
| Bank charges | 159 | 97 | |||||
| Seminars R training | 784 | 196 | |||||
| In sura nce | 6,925 | 5,142 | |||||
| Postage and | stationery | 1,188 | 261 | ||||
| Sundries | 1,765 | 1,174 | |||||
| Depreciation | 19,731 | 22,238 | |||||
| Computer consumables |
4,888 | 5,124 | |||||
| Independent | Examiner's | Remuneration | 3,300 | 2,449 | |||
| Professional | fees | 2,563 | |||||
| 128,868 | 19,522 | 114,510 |
| 2022 | 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11.NET GAINS/(LOSSES) ON INVESTMENTS | f | f | ||||||||
| Realised (losses)/gains on investments |
(5,421) | 6,217 | ||||||||
| Unrealised | (losses)/gains on investments |
(36,136) | 50,764 | |||||||
| (41,557) | 56,981 | |||||||||
| 12.FIXEDASSETS | Freehold | Mobile | ~Fittin s & |
|||||||
| ~buitdtn s |
Museu m |
~Eui ment | Total | |||||||
| Cost or | Brought forward | as at 1 | January 2022 | 695,131 | 38,19 2 |
345,246 | 1,078,569 | |||
| revaluation | Additions | 1,808 | 1,808 | |||||||
| Revaluations | 606,444 | 606,444 | ||||||||
| Carried forward | as at 31December 2022 | 1,301,575 | 38,192 | 347,054 | 1,686,821 | |||||
| Depreciation | Brought forward | as at 1 | January | 2022 | 18,638 | 189,109 | 207,747 | |||
| Charge for year | 3,911 | 15,820 | 19,731 | |||||||
| Carried forward | as at 31December 2022 | 22,549 | 204,929 | 227,478 | ||||||
| As at 31 | ||||||||||
| Net Book Value | December 2022 | 1,301,575 | 15,643 | 142,125 | 1,459,343 | |||||
| As at 31 | ||||||||||
| December 2021 | 695,131 | 19,554 | 156,137 | 870,822 | ||||||
| The building rather than |
is valued at an open a fair value basis the |
market amount |
value based on directors assessment. Ifthe building was stated would have been included asf695,131(2021:f695,131). |
on a historic | cost basis | |||||
| Heritage Assets |
| strategie | s, G |
lobal funds, Gold and precious metals, forward foreign exchange and cash. |
|
|---|---|---|---|
| Investm | ents | at MARKET VALUE (Excludes cash +foreign currencies) | E |
| Opening | balance as at 1January 2022 | 638,382 | |
| Additions | 249,902 | ||
| Disposals | (285,360) | ||
| Unrealised losses |
(36,136) | ||
| Closing | balance as at 31December 2022 | 566,788 | |
| Disposal proceeds | 279,939 | ||
| Loss on disposal | 5,421 |
| ontinued) | ||
|---|---|---|
| Market) value of all investments | 2022 E |
2021 f |
| Securities | 566,788 | 638,382 |
| Cash held | 25,921 | 23,489 |
| 592,709 | 661,871 |
| The fair value of | listed investments | is determined | is determined | by reference to the quoted | price for identical assets in an active | market |
|---|---|---|---|---|---|---|
| at the balance sheet date. | ||||||
| Cost value ofinvestments in securities as at |
31December 2022 | 563,907 | ||||
| Cost value of investments in securities as at 31December 2021 |
567,471 | |||||
| 14.DEBTORS | 2022 | 2021 | ||||
| E | f | |||||
| Prepayments | and accrued | income | 6,213 | 6,573 | ||
| 15.CREDITORS | 2022 | 2021 | ||||
| E | ||||||
| Accruals and | deferred | income | 4,631 | 2,352 | ||
| 16.FRIENDS OF AMERSHAM MUSEUM |
||||||
| 2022 | 2021 | |||||
| E | E | |||||
| Income | ||||||
| Subscriptions | and donations | 3,330 | 3,240 | |||
| Less: Expenditure | ||||||
| Fund raising | &sundry | expenses | (265) | (173) | ||
| Transferred | to SOFA | 3,065 | 3,067 |
| ET ASSETS BETWEEN FUNDS | |||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| Funds | Funds | Funds | |
| Fixed Assets | 2,052,052 | 2,052,052 | |
| Net Current Assets | 21,849 | 107,493 | 129,342 |
| 2,073,901 | 107,493 | 2,181,394 |
| 17.ANALYSIS OF NET ASSETS BETWEEN FUNDS (continued) | 17.ANALYSIS OF NET ASSETS BETWEEN FUNDS (continued) | 17.ANALYSIS OF NET ASSETS BETWEEN FUNDS (continued) | 17.ANALYSIS OF NET ASSETS BETWEEN FUNDS (continued) | |||||
|---|---|---|---|---|---|---|---|---|
| ANALYSIS OF NET ASSETS BETWEEN FUNDS - PREVIOUS YEAR | Unrestricted | Restricted | Total | |||||
| Funds | Funds | Funds | ||||||
| Fixed Assets | 1,532,692 | 1,532,692 | ||||||
| Net Current Assets | 20,550 | 17,425 | 37,975 | |||||
| 1,553,242 | 17,425 | 1,570,667 | ||||||
| 18 | MOVEMENT IN |
FUNDS -CURRENT YEAR | ||||||
| nt 1fanuartt | ~tntomin | ~aut oln |
At 31Dec | |||||
| Restricted Funds |
2022 | Resources | Resources | Transfers | 2022 | |||
| Age Friendly | 4,324 | 31 | (4,385) | 30 | ||||
| MLvM Charitable | Trust | 696 | 105,613 | (1,077) | 105,232 | |||
| AONB Chalk, Cherries | &Chairs | 237 | (1,032) | 795 | ||||
| Dolls House | 1,686 | 1,686 | ||||||
| Together we build | stronger | 1,000 | (821) | 179 | ||||
| Plastic Free Shop | 7,183 | 1,734 | (8,721) | 196 | ||||
| Recovery Grant/Retail | Artist | 2,456 | (2,486) | 30 | ||||
| Innovate to Generate | Local History Course | 1,080 | 120 | (1,000) | 200 | |||
| 17,425 | 108,735 | (19,522) | 855 | 107,493 | ||||
| General funds | 1,553,242 | 103,517 | 417,997 | (855) | 2,073,901 | |||
| Unrestricted funds |
1,553,242 | 103,517 | 417,997 | (855) | 2,073,901 | |||
| Total funds | 1,570,667 | 212,252 | 398,475 | 2,181,394 |
| 18 | MOVEMENT | IN FUNDS - PREVIOUS YEAR | IN FUNDS - PREVIOUS YEAR | IN FUNDS - PREVIOUS YEAR | |||||
|---|---|---|---|---|---|---|---|---|---|
| At 1 | |||||||||
| January | ~lncomin | ~out oin | At 31Dec | ||||||
| Restricted Funds |
2021 | Resources | Resources | Transfers | 2021 | ||||
| Age Friendly | 4,422 | (98) | 4,324 | ||||||
| MLvM Charitable | Trust | 5,509 | (4,813) | 696 | |||||
| AONB Chalk, | Cherries | 8 Chairs | 5,694 | (5,694) | |||||
| Dolls House | 1,686 | 1,686 | |||||||
| Rothschild Recovery |
5,000 | (5,000) | |||||||
| Cultural Outreach |
1,997 | (1,997) | |||||||
| Plastic Free | Shop | 9,100 | (1,917) | 7,183 | |||||
| Recovery Grant/Retail | Artist | 2,456 | 2,456 | ||||||
| Innovate to | Generate | Local History Course | 1,080 | 1,080 | |||||
| 11,617 | 25,327 | (19,519) | 17,425 | ||||||
| General funds | 1,509,477 | 153,172 | (109,407) | 1,553,242 | |||||
| Unrestricted | funds | 1,509,477 | 153,172 | (109,407) | 1,553,242 | ||||
| Total funds | 1,521,094 | 178,499 | (128,926) | 1,570,667 |
| The purpose ofrestricted | funds | still held as at 31December 2021 have been covered within the | still held as at 31December 2021 have been covered within the | movement | movement | in funds | ||
|---|---|---|---|---|---|---|---|---|
| current year on pages 19and 20. | ||||||||
| 19 | ANALYSIS OF CHANGES | IN DEBT | ||||||
| At 1 January 2022 |
Cash flow | Other ~chan as |
At | 31Dec 2022 |
||||
| Cash at bank and in hand | 29,809 | 93,470 | 123,279 | |||||
| 29,809 | 93,470 | 123,279 | ||||||
| Loans | ||||||||
| Total net debts | 29,809 | 93,470 | 123,279 |
| There were | no related party transacti | no related party transacti | no related party transacti | no related party transacti | ons during the period (2 |
ons during the period (2 |
021:Enil). | |||
|---|---|---|---|---|---|---|---|---|---|---|
| 21.TRUSTEES | AND KEY IVIANAGEMENT | EXPENSES | ||||||||
| The reimbursement | of | expenses | was | as follows:- | ||||||
| 2022 No. |
2021 No. |
2022f | 2021f | |||||||
| Trustees | 2,395 | 1,190 | ||||||||
| 2,395 | 1,190 | |||||||||
| Reimbursed | expenditure | was in | relation to | postage, stationery, | travel and other sundry | |||||
| expenses. | ||||||||||
| 22.STAFF COSTS AND | EMPLOYEE | BENEFITS | ||||||||
| The average | number | of | monthly | employees | during the year was:- | |||||
| 2022 | 2021 | |||||||||
| No. | No. |
| The total s | taff costs and employees benefits was as follows:- |
||
|---|---|---|---|
| 2022f | 2021f | ||
| Wages and | salaries | 44,621 | 35,517 |
| Employers | Nl | ||
| Employers | pension costs | 1,524 | 922 |
| 46,145 | 36,439 |