Reglstered Charity No: 288865
Company No: 01790935
AMERSHAM MUSEUM LIMITED
REPORT AND ACCOUNTS
FOR THE YEAR ENDING 31 DECEMBER 2023
(A company Limited by Guarantee)

Amersham Museum Limited
Contents
Year Ended 31 December 2023
Page
Report of the Trustees
3to9
Ir)dependent Examiner"'s Report
io
Statement of Finèncial Activities
li
Balance Sheet
12
Notes to the Financial Statements
13to23

Amersham Museum Llmited
Annual Report of the Directors and Trustees
Year Ended 31 December 2023
The Trustees, who are a150 directors of the charitable company for the purposes of the
Companies Act 2006, present their annual report and the financial statements for the year
ended 31 December 2023 which are also prepared to meet the requirements for a Director's
report and accounts for Companies Act purposes.
The financial statements have been prepared in accordance with 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 IFRS 1021.
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
Martin Day- appointed 21.01.2024
Howard Gotch - resigned 21.01.2024
Kieran McPolin
Alison Bailey
Nicholas Gammage
Peter Healy
Jane Barnes
Elizabeth Lean- resigned 19.04.2023
Valerie Russell- resigrbed 19.04.2023
Linda Gould- appointed 19.04.2023
MaryTebje-appointed 19.04.2023
Jenifer Baker- appointed 19.04.2023
Tessa Drysdale- appointed 19.04.2023 and
resigned 30.06.2024
Trustees
Bankers
CAF Bank Limited
25 Kings Hill Avenue
Kingshill
West Malling
Kent ME19 4JQ

Amersham Museum Limited
Annual Report of the Directors and Trustees
Year Ended 31 December 2023
Independent Examiner
David Green MA Icantabl ACA
Azets Audit Services
Suites B & D
Burnham Yard
Beaconsfield
Bucks HP9 2JH
Accountants
Azets
Suites B & D
Burnham Yard
Beaconsfield Bucks HP9 2JH

Amersham Museum Limited
Annual Report of the Dlrectors and Trustees
On the Accounts for the Year Ended 31 December 2023
Structure Governance & Mana
ement
Governing Document
Amersham Museum Limited is a company limited by guarantee governed by its Memorandum
and Articles of AsSOClation omended by Special Resolution dated 15 December 2022. In the
event of the company being wound up, members are each required to contribute an amount
not exceeding £1.
Recrultment and Appointment of Management Committee
The Directors are also trustee5 of the charity. They are elected for a 3-year term and may be
re-elected. They are generally drawn from volunteer workers and Friends of the Museum.
While there is no formal training plan for trustees, they are given the opportunity to meet
existing trustees and spend some time with the Chair of the Trust Board and the Director.
They are also encouraged to join the town walk guides to familiarise themselves with the
history of Amersham and the Museum itself. Most trustees have already been volunteers in
the museum and a fomial induction plan is being developed.
Risk Management
While there is no formal risk register for our small museum, we have identified some key risks
and have plans ir) place to mitigate them.
Financial risk of investments falling in value= We moved a substantial part of our
investments1£1SOk or around 25%) into a guaranteed interest bearing account
towards the end of the year to ensure that we would have at least 5% return. We rely
on this return to help fund running costs
Financial loss- we have a large investment managed by Cazenove on our behalf but
would like to be self-sustaining lexcluding investment income) in 3-5 years. We have
set up a fund-raising committee which includes the Director and a number of trustees
who have been tasked with producing a strategic fund raising plan
Loss of key people- Until recently there was only one member of staff and if they had
left suddenly, it would have had a major impact on the museum. However, we now
have 3 employees who can help with most responsibilities. We also recruited 6 new
trustees two years ago which has strengthened and improved the management and
the governance of the orEanisation.
Objectlves, Activities and Public Interest
The object of the Chority is to advance public education in relation to the history of Amersham
and the surrounding area, tirincipally by the operation of a museum.

Amersham Museum Llmited
Annual Report of the Directors and Trustees
On the Accounts for the Year Ended 31 December 2023
The charity owns the Amersham Museum which is situated at 49 and the adjacent property 51,
High Street. Amersham, Bucks, HP7 ODP. It is normally open from February to November,
except for pre-arran8ed 8roup visits
particularly by schools
which occur throughout the
year.
The museum's vision is:
Amersham Museum brings local history to life to inspire, surprise and engage people, helping
them to explore the significance of the area's past, appreciate the present, and imagine the
future.
The museum has the following key aims-
Increase the impact and profile of the museum, locally and nationally
Increase visitor numbers and diversify the visitor profile, whilst also expanding our
connections through outreach work
Respond to the needs and issues facing our key audiences, including the increased cost
of living, special educational needs and disabilitie5, mental health issues and the
impact of climate change
Develop campaigns and undertake new research to fill gaps in the collection. These
include the last fifty years of local history and the stories of under-represented groups
Improve access to the collections, through interpretation and programming that
engages and connects with the local community
Improve collections care practice and documentation
Sustain and enrich the existing visitor offer (including our guided walks programmel
with a positive welcome, inclusive approach, and engaging interpretation
Guarantee the long-term sustainability of the museum by investing in volunteers.
maintaining accreditation and successful fundraising to achieve financial stability
Embrace the potential of digital developments including social media and
opportunities to share collections and historical material online.
The trustees have considered the guidance published by the Charity Commission and have
concluded that the operation of the Museum meets the public interest and demonstrate that
the charitable company has fulfilled the public benefit requirement under the Charities Act
2011.
Key Management Personnel
The trustees comprise the key management personnel of the charity and are in charge of
directing and controlling the charity and running and operating the charity on a day to day
business. All trustees give of their time freely and no trustees remuneration was paid in the
year.
Employees
The Board employs a part-time director. a part-time Learning Officer and a part-time
Collections Manager.

Amersham Museum Limited
Annual Report of the Directors and Trustees
On the Accounts for the Year Ended 31 December 2023
In the past pay and remuneration has been the responsibility of the trustees as a group.
Factors taken into consideration have included economic condition5 and affordability. The
trustees have now agreed a new process which will be documented and reviewed annually.
Volunteers
The Museum has only 3 part time employees so much of the work carried out in reception,
delivering our programme, fund raising, stewarding, gardening and retail is performed by
volunteers. At the end of 2023, there are 110 active volunteers, with additional people who
have not yet been confirmed through our acceptance process who will join the team in 2024.
Achievements and Performance
The museum opened from mid-February to mid-December 2023, running a full programme of
events and activities. With three part-time staff in place, supported by the museum's large
team of volunteers, the activity levels have been high. We welcomed 3,316 odult and 1,624
children visitors into the museum during the year. We reached a total of 7,008 individuals
through visits and outreach in the calendar year.
Our temporary exhibition programme featured two displays: Sickness and Health, looking at
medical history in the area, and Glamersham, which explores dressing up and Boing out in
history. With an accompanying programme of events and off-site talks, these reached a wide
range of audiences, with positive feedback.
With its grant from the Marie-Louise von Motesiczky Charitable Trust, significant work was
undertaken on the 'A New vie￿ project with a project manager to deliver a scheme of work
that will create a temporary exhibition Eallery, new introductory interpretation for visitors to
the museum, and upgraded storage facilities in 2024. The programme of consultation with
existing and potential audiences was completed, with designer and fabricators appointed to
ensure that the planned exhibition programme could be launched in spring 2024.
The museum's regular programme of events and groups also ran successfully throughout the
year.. guided walks, reminiscence and singing sessions, our Art Club (for 7-11 year old51, our
Young Curators group Ifor 14-18 year olds), group visits by adult societies, and talks given to
groups in the local area on history topics. Our schools programme continues to be busy with
nearly 1,400 children enjoying a session on site or at their school.
With grant funding from local and national bodies, we implemented Projects improving
physical and intellectual accessibilityi promoting our garden through an exhibition and events,
improving our environmental sustainability, and acquiring a number of significant items for the
collection.

Amersham Museum Limited
Annual Report of the Directors and Trustees
On the Accounts for the Year Ended 31 December 2023
Future Plans
We have been awarded a Strategic Grant from the Rothschild Foundation to support a 3-year
Creating Connections project, focusirkg on developing the mU￿￿m,5 capacity through an
increase in core hours for all three staff members. and the appointment of a part-time
administrative officer. Starting in April 2024, the project will concentrate on developing
audiences irk four areas.. researchers, schools, visitors with Special Educational Needs and
Disabilities, and local makers.
Financial Review
The Statement of Financial Activities show5 net deficit on income for the year of £50,001
12022.. net income £610,727) and the reseNes stand at £2,131,39312022.. £2,181,394) in total.
However, the net income and reserves as at 31 December 2023 includes a non-distributable
reserve of £606,44412022= £606,44418rising on the revaluation of the Museum building. The
income for the year generated from charitable activities was £46,94012022'. £41,759). During
the year the charity received grants totalling £Nil12022-. £7,248).
Factors which might impact future performance
We operate the museum with an annual deficit. Income from investments partly closes this
gap but the trustees acknowledge that we need to do more in terms of income generation and
fundraising. We have financial investments that provide much needed income and our recent
successes in applyinE for funding for specific projects ha5 been successful. We intend for this
to continue. There are no specific factors of which the trustees are currently aware that will
adversely affect financial performance.
ReseNes Pollcy Statement
The museum holds significant financial rese￿e5 as a result of a historic legacy. The value of this
was £627,491, Iwhich includes monies held within the investment portfolio within bank
reserves), at the end of December 2023 Our policy is to maintain sufficient cash to meet our
normal commitments and no more. We budget to benefit from around £30K each year in
terms of withdrawals, which leaves the capital intact.
Heritage Assets
All of the items in the Museum's collection
objects, maps, documents, photographs and
books - are heritage assets. The Museum's collection consists of items related to the history
of the town and the surrounding villages. The majority of the collection is related to local
people and their domestic and working lives. Consequently, the majority of the objects are of
low financial value and in some cases can be replaced with similar or related items if damaged
or stolen.

Amersham Museum Limited
Annual Report of the Dlrectors and Trustees
On the Accounts for the Year Ended 31 December 2023
T¥ustees' responslbilities in relation to the flnancial st•tements
The trustees are responsible for preparing the annual report and financial statements in
accordance with appllcable law and United Kingdom Accounting Standards Iunited Kingdom
Generally Accepted Accounting Practicel.
Company law reqL*ires the trustees to prepare financial statements for each financial year,
which give a true and fair view of the state of affairs of the charitable company and of the
incoming resources and application of resources, including the income and expenditure. of the
charitable company for that period. In preparing these financial statements the trustees a
requlred to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP IFRS 1021;
make judgements and estimates that are reasonable and prudent,.
state whether applicable UK Accounting Standards have been followed,
subjert to any material departures disc105ed and explained in the account5,' and
prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the company will continue in operation.
The directors are responsible for keeping proper atcovnting records that distlose with
reasonable accuracy at any tlme the financial position of the charitable company and enable
them to ensure that the accounts comply with the Companies Act 21K)6. They are also
responsible for Safeguarding the assets of the charitable company and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial
Inforination included on the charitable company's website. Legislation in the United Kingdom
governing the preparation and dissemination of financial statements may differ from
legislation in other lurlsdlctlons.
This report has been prepared in accordance with the speclal provislons of the Charities Act
2011.
Declarallon
Approved by the Board on
Signed on behalf of the Charity's Trustees by:
and Signed on its behalf..-
Mr K. McPolln

Amersham Museum Llmlted
Annual Report of the Independent Examiner
On the Accounts for the Year Ended 31 December 2023
I report on the accounts of the Charitable company for the year ended 31 Deeember 2023.
which are set out on pages 11 to 23.
R￿ponsIbl11t1eS and basis of report
As the charity trustees of the company land also its directors for the purposes of company lawl
you are responsible for the preparation of the accounts in accordante with the requirements
of the Companies Act 20061'the 2006 Act'l.
Having satisfied myself that the accounts of the company are not required to be audited under
Part 16 of the 2006 Act anrl are eligible for independent examination. I report in respect of my
examlnation of your companls account5 as carried out under section 145 of the Charities Act
20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by
the Charity Cornmissior5 urider section 14515llbl of the 2011 Act.
Independent examlner's Statement
I have completed my examination. I confirm that no matters have come to my attention in
connection with the examination glving me cause to believe that in any material respect..
accounting records were not kept respect of the company as required by section 386 of
the 2006 Act; or
the atcounts do not accord with those records,. or
the accounts do not comply with the accour*ting requirements of section 396 of the 2C(16
Act other than any requirement that the attounts give a 'true and fair Vie￿ which Is not a
matter considered 35 part of an independent examination,. or
the accounts have not been prepared in accordance with the methods and principle5 of
the Statement of Recommended Prartice for accounting and reporting by charities
applicable to charities preparing their accounts in accordance wlth the Financial Reporting
Standard applicable in the UK and Republlc of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connection with the examination
to which attention should be drawn In this report in order to erbable a proper understanding of
the accounts to be reached.
DAVID GREEN, MA ICantsb} ACA
Azets
Suites B & D
8urnham Yard
Beaconsfield
Bucks
HP9 2JH
Date..
26/9/ zo z4
10

Amersham Museum Llmited
Statement of Flnanclal Artlvities
On the Accounts for the Year Ended 31 December Z023
Unrestricted Restrirted
Funds
Funds
2023
2023
Total
Funds
2023
tal
Funds
2022
Notes
INCOME
Donations and legacie5
Charitable activities
Investments
Grants
16,511
46,940
9,196
7,329
23,840
46,940
9,196
154,179
41.7S9
8,946
7,368
Totol Income
72,647
7,329
79,976
212,252
EXPENDITURE
Raising funds
Charitable artivities
Investment management costs
111.2561
1111,4071
16,1141
111,2561
133,1381 1144,5451
16,1141
111,5481
1148,3901
16,4741
io
Totql expendlture
1128,7771
133,1381 1161,9151
1166,4121
Net gainslllossesl on
investments
Gain on revaluation of bullding
li
12
31,938
31,938
141,5571
606.444
Net (expendltureJ/lncomeAor
the year
124,1921
125,8091
150,0011
610,727
Transfer between funds
Reconclliatlon of Funds
18
19551
955
Total Funds brought forward
2,073,901
107,493
2,181,394
1,570,667
Totol Funés currfedfvrward
18
2,048,754
82,639
2,131,393
2,181,394
All income and expenditure derive from continuing artivities
The statement of financial activities includes all gains and losses recognised during the year.
The notes on pages 13 to 23 form part of these accounts

Amersham Museum Llmlted
Balance Sheet
On the Accounts for the Year Ended 31 December 2023
Totsl
Total
Funds
2022
Note5
2023
FIXED ASSETS
Tangible assets
Investments- at Market Value
12
13
1,446,247
627,491
2,073,738
1,459,343
592,709
2,052,052
CURRENT ASSETS
Stock
Debtors
Cash in hand and at Bank
4,069
6.953
51,776
62,798
4,481
6,213
123,279
133,973
14
LESS: CURRENT LIABILITIES
Creditors.. amounts due within one year
15
15,1431
14.6311
NET ASSETS
2,131,393
2,181,394
CHARITY FUNDS
Unrestricted funds
Restrirted funds
2,048,754
82,639
2,073.901
107,493
Total charity tunds
18
2,131,393
2.181,394
The company is entitled to exemption from audit under Section 477 of the Companies Act 2016 for the year
ended 31 December 2023.
The members have not required the company to obtain an audit of its flnancial statements for the year
ended 31 December 2023 in accordance with Section 476 of the Companies Act 2(￿6.
The trustees acknowledge their responsibilities for..
lal ensufing that the company keeps accounting records which comply with Sertions 386 and 387 of the
Companies Act 2006 and
Ibl preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year In accordance with the
requirements of Sectlons 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordante with the provisions of Part IS of the Companies
. Act 2006 relating to small comp8nies.
These financial statements were approved bythe Committee of Management on 26/9 IzoZ4 and
signed on its behalf by..
Mr M. Day
Mr K McPoli
The notes on pa8es 13 to 23 form part of these account5
12

Amersham Museum Limited
Notes to the Financial Statements
On the Accounts forthe Year Ended 31 December 2023
I. STATUTORY INFORMATION
Amersham Museum Limited is a private company, limited by guarantee, reElStered in Englarbd and Wales. The
company's registered number and registèred office address (which is also it's trading address) can be found on
page 3.
2. ACCOUNTING POLICIES:
The charity constitutes a public benefit entity as defined by FRS 102. The Financial Statements have been
prepared in compliance with Accounting and Reporting by Charities-. Statement of Recommended Practice
applicable to charities preparing their account5 in accordance with the Financial Reporting Standard applicable
to the UK and Republic of Ireland IFRS1021, the Financial Reporting Standard applicable in the UK and Republic
of Ireland IFR51021 as it applies from l January 2021. A summary of the significant accountin8 policies applied
in the preparation of these accounts are set out below.
lal Basis of Actountin8
The Financial Statements are prepared under the historical ¢ost convention, modified to Include certain
items at fair value.
The financial statements are presented in sterlin8 1£> whlch is also the fun¢tional currency of the
tompany.
Ib) Fixed assets and dèpreciation.
The Museum building is stated at fair value and no depreciation.
Depreciation is provided, on a reducing balance basis. on fittinBS and equipment in the Museum at
IOYO and on the Mobile Museum at 20%.
Costs of exhIb￿t$ are written off as they are incurred as valuation of heritage assets cannot be
obtained at a C05t commensurate with the benefit to the users of the accounts or the charity.
Icl Value Added Tax..
Amersham Museum Limited is not registered for Value Added Tax. In these Flnancial Statements, where
applicable. expenditure is shown inclusive of VAT.
Idl Investments
Investments are ¥ecognised initially at fair value which is normally the tran5a¢tion prlce excluding costs.
Subsequently. they are measured at fair value with change5 iecognised in 'net 8ains1 Ilossesl on
investments" on the SOFA if the shares are publicly traded or their fair value can otherwise be measured
reliablv.
lel Cash Flow Statement..
Under Financial Reporting Standard SORP IFRS 1021, the Trust is not required to produce a Cash Flow
Stalement as it is a Small Charity.
13

Amersham Museum Limited
Notes to the Financial Statements
On the Accounts for the Year Ended 31 December 2023
2. ACCOUNTING POLICIES Icontlnuedl
Legacies
For legacies. entitlement is the earlier of the charity being notified of an impending distribution or the
leg3cy being recerved. At thi5 point income 15 reco8ni5ed. On occasion legacie5 will be notified to the
charity, however it Is not Possible to measure the amo(Jnt expected to be distributed. On these occasions,
thè legacy is treated a5 a contingent h55et and disclosed.
Igl
Income recoenition
All incomin8 resources are included in the Statement of Financial Activities ISOFAI when the charity is
legally entitled to the income after any performance conditions have been met, the amount can be
measured reliably and it is probable that the incorne will be received.
No amount is included in the financial statements for volunteer tirne in line with SORP IFRS 1021. Further
detail is given in the Trustees, Annual Report.
Investment income is earned through holdSng assets for Investment purposes such as shares and property.
It includes dividends, interest and rent. Interest is recognised using the effective interest method and
dividend and rent income is reto@nlsed as the charity's riÉht to receive payment is established.
Expenditure recognition
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate
all costs related to that category. Expenditure is recognised where there is a legal or constructive obligation
to make payments to third partie%, it is probable that the settlement will be requirèd and the amount of the
obligation cèn be measured reliably.
lil Allocation of support costs
Support costs are those that assist the work of the charity but do not directly reprèsent charitable
activities and include oflice costs. governance Costs and adrninistrative payroll costs. They are incurred
directly in support of expenditure on the objects of the charity and have been allocated to cost of raising
funds and expendilure on charitable activities.
l Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that no
material uncertainties exist. The trustees have considered the level of funds held and the expeded level
of income and expenditure for 12 months from authorising these finantial Statements. The bJd8eted
income and expÈnditure is sufficient with the levÈl of rèserves for the charity to be able to continue a5
going concern.
Ikl Stock
Stock is valued at the lower of cost or estimated net realisable value.
111 Debtors
Debtor5 are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.
14

Amersham Museum Limited
Notes to the Financial Statements
On the Accounts for the Year Ended 31 December 2023
2. ACCOUNTING POLICIES Icontinuedl
Im) Cash at bank
Cash at bank comprises balances held in various short term or easy access accounts and represent highly
liquid (unds.
Creditors
Creditors and provisions are recognised where the charity has a present obligation resulting from a past
event that will probably result in the transfer of funds to a third party and the amount due to settle the
obligation can be measured or estimated reliably. Creditors and provisions are normally recognised al
their settlernent date.
Funds
Unrestricted funds are available for the use at the discretion of the trustees in furtherance of the 8eneral
objectives of the charity and which have not been designated for other purposes.
Crltlcal accounting estimates and areas of
judgement
Accounting estimates and judgernents are continually evaluated and are based on historical experience
and other factors, including expectations of futuie events that we believed to be reasonable under the
circurnstances.
The company make5 estimates and assumptions concerning the f￿ture. The resulting accounting
estimates and assumptions can, potentially, be different Irom the related results.
In the opinion of the trustee5, there are no specific key judgements or areas of estimates to disclose.
2023
2023
2022
Unrèstrleted Restricted
Unrestricted
4,(K)O
3. GRANTS
2022
Rèstrlrted
Buckingham5hire County Council Covid Grant
Royal Pavillion History Course Grant
Plastic Free Grant
120
3,248
7,248
120
15

Amer5ham Museum Limited
Notes to the Financial Statements
On the Accounts for the Year Ended 31 December 2023
4. INCOME FROM DONATIONS AND LEGACIES
2023
2023
Unrestricted Restricted
2,956
2,950
5,176
3,235
2,088
2022
Unrestricted
18,786
5,382
3,330
1,845
11.205
5.016
2022
Restrided
Donations & legaeies
Events
Friend5 of Amersham Museum
HMRC Gilt aid
Projects
Family & Adult Programmes
4.379
108.615
3,056
16,511
7,329
45,564
108,615
S. INVESTMENT INCOME
2023
Unrestrirted
78
9,118
9,196
2023
Restricted
2022
Interest received- Bank accounts
Investment income Idividends and interest)
77
8,869
8.946
6. CHARITABLE ACTIVITIES
2023
2023
2022
Unrestricted
24.466
14.952
3,330
4,192
46,940
Restrlcted
Admissions, guided walks and talks
Sale of goods
Room Hire
Club 200 income
18,693
15,592
2,942
4,532
41,759
Club 200 income relates to a Small Society Lottery which is operated solely to contribute towards the museums.
annual running costs.
7. NET INCOME FOR THE YEAR
2023
2022
Net income 15 Stated after
Icreditin8l/ch6r8ing:
Depreciation
Accountanry fee5- Independent Examination
and other fees
18,350
19,731
3.462
3,300
8. RAISING FUNDS
2023
2022
Cost of goods sold
11,256
11.548
16

Amersham Museum Limited
Notes to the Financial Statements
On the Accounts for the Year Ended 31 December 2023
9. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES AND SUPPORT COSTS
2023
2023
Unrestficted Restricted
2022
Staff
Exhibitions & events
Conservation
Interpretation
Acquisitions
Subscriptions
Publicity
Collections care
AONB Chalk, Cherries & chair5
Age Friendly
Martys Play
A new view MLVM
Social prescribing
Plastic Free Shop
Refugee week
Chiltern society
Open weekend Bucks
Recovery Grant/Reiail Artist
Innovate to Generate Local History Course
Together we build stronger
Schools
Talk5
Art Club
Mobile Museum
Club 2(X) c05t5
Cleaning
General Maintenance
Security & alarm maintènance
Utilities-Electric/ rates & water
Bank charges
Seminar5 & traininE
Insurance
Postage arbd stationery
Sundries
Depreciation
Computer consumables
Independent Examiner's Remuneration
Professional fees
46,099
4.720
46,145
165
1,715
555
207
386
2,573
1,077
1,032
4.385
7.C61
542
550
361
2,950
1.490
623
1,005
22.046
806
8,721
425
86
134
2.486
i.￿0
821
304
398
2,038
2.841
2,375
5.763
8.753
324
2,447
3,663
1,970
5,640
2,744
1,016
5.601
125
294
9,127
1,372
1,116
17,384
4,214
3.462
1.243
111,407
Club 200 tosts relate to prize draws and to other costs incurred in the running of the Small Society Lottery.
4,378
159
784
6,925
1,188
1,765
19.731
4,888
3,300
2.563
148,390
966
33,138

Amersham Museum Limited
Notes to the Financial Statements
On the Accounts for the Year Ended 31 December 2023
10. INVESTMENT MANAGEMENTCOSTS
Investment manaBement charges
2023
2022
6.114
2023
6,474
2022
11. GAINs/ILOSSESI ON INVESTMENTS
Realised gains111055esl on investment5
Unrealised gains11105sesl on investments
9,329
22,609
31,938
15,4211
136,1361
141,5571
12. FIXED ASSErs
Freehold
Mobile
Fittin
8ulldin
s Musèum
1.301.575
38,192
ui
mènt
Total
347,054 1,686,821
5,254
5,254
Cost or
revaluation
Brought forward 35 31 l January 2023
Additions
Revaluations
Carried forward as at 31 December 2023
1,301,575
38,192
352,308 1,692,075
Depreciaiion
Brought forwa¥d as at l January 2023
Charge lor year
Carried forward as at 31 December 2023
22,549
3,129
25,678
204,929
15,221
220,150
227,478
18,350
245.828
Net Book Value
A5 at 31 December 2023
1,301.575
12,514
132,158 1,446,247
As at 31 December 2022
1,301.575
15,643
142,125 1,459,343
The building is valued at an open market value based on directors assessment. If the building was stated on a historic cosi basis
rather than a fair value basis the amount would have been included as £695,J3112022'. £695.1311.
Herltage Assets
All of the items in the museum's collection objects. rnaps. documents, photographs, maps and books- are heritage assets. The
museum's collection cons1Sts of itern5 related to the history of the town and the surrounding villages. The majority of our
collection is related to local people and their domestic and working lives. Consequently, the rnajority of our object5 are of low
financial value and in some cases can be replaced with similar or rÈlatÈd items if damaged or stolen.
13. INVESTMENTS
The portfolio comprises of Fixed interest bonds, Index linked government bond5, Equities, credit and illiquid
strategies, Global funds, Gold and preciou5 meta15, forward foreign exchange and cash.
Investments ot MARKET VALUE (Excludes cash + Joreign currenciesj
Openin8 balance as at l January 2023
Additions
Disposals
Unrealised gains
Closlng balance as at 31 December 2023
Disposal proceeds
Gain on disposal
566.788
178,173
1301,9961
22,609
465,574
311,325
9,329

Arnersham Museum Limited
Notes to the Financial Statements
On the Accounts for the Year Ended 31 December 2023
13. INVESTMENTS Icontinuedl
Analysis of Fair Imarketl value of all investments
202
2022
Securities
Cash held
465.574 566.788
161.917
25,921
627.491 592,709
The fair value of listed investments is determined by refwence to the quoted price for identical assets In an active market
at the balarFce sheet date.
Cost value of investments in securities as at 31 December 2023
437.329
Cosi value of investments in securities a5 at 31 December 2022
563.907
14. DEBTORS
2023
2022
Prepayments and accrued income
6,953
6.213
15. CREDITORS
2023
2022
Accruals and deferred income
5.143
4.631
16. FRIENDSOFAMERSHAM MUSEUM
2023
2022
Income
Subscript+ons and donations
Le5s.' Expendlture
Fund raising & sundry expense5
3.235
3,330
18351
12651
Transferred to SOFA
2,400
3.065
17. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestrirted Restrirte
Funds
Total
Funds
Funds
Fixed A55ets
Net Current Assets
2,069.873
121,1191
3,865
78,774
2,073,738
57,655
2,048,754
82.639
2,131,393
19

Amersham Museum Limited
Notes to the Financial Statements
On the Account5 for the Year Ended 31 December 2023
17. ANALYSIS OF NET ASS￿5 BETWEEN FUNDS Icontinuedl
ANALYSIS OF NET ASSETS 8ETWEEN FUNDS- PREVIOUS YEAR
Unrestrlcted Restrlcted
Total
Funds
Funds
Fun
Fixed Assets
Net Current Assets
2,052,052
21,849
2,052,052
129,342
107.493
2.073,901
107.493 2,181,394
18 MOVEMENT IN FUNDS-CURRENTYEAR
At l Janua
2023
105.232
Incomln
Resources
579
50
At 31 Dec
2023
79,144
Rèstricted Funds
Mlvm Paintings
AONB Chalk. Cherries & Chairs
Dolls House
Together we build stronger
Plastic Free Shop
Innovate to Generate Local History Course
Social Prestribing (Bucks culturel
Refugee week
Chiltern Soclety
Open weekend Bucks
Other
Resource5
126,6671
11,0051
Transfers
955
1.686
179
196
200
1,686
11791
196
2(X)
224
275
914
1,750
700
1.000
300
2.950
7.329
11,5261
14251
1861
13001
12,9501
133,1381
107,493
955
82,639
General funds
2,073,901
104,585
1128.7771
19551 2.048.754
unrestricted funds
2,073,901
104,585
1128,7771
19551 2.048,754
Total fvnds
2.181.394
111,914
1161,9151
2.131,393
Incoming and outcoming resources iTJ¢lude realised and UDrealis¢d gains and logses on fair value of investments.
The Restricted funds comprises of
MLVM Exhlbltlon. The Grant is to 5UPPOrt the Museum in the creation of a dedicated temporary exhibition space
through to 2025 that will showcase contemporary and histo¥ic artists and craftspeople who live locally or hève a
connection with the Arnersham area arbd a5SOClated activities including supporting a community learning prograrnme
and an accredlted program for young people aged 14-18.
AON8, Chalk, Cherries & Chalrs Funding for projects designed to Support the aim of connecting local people to the
wildlife and Cultural heritage of the area.
20

Amersham Museum Limited
Notes to the Flnancial Statements
On the Accounts for the Year Ended 31 December 2023
Dolls House Dolls House Funding towards the creation of a doll's house, and the conservation of historical dolls house
to form part of the exhibition within the museum.
Together we build stronger Funding to Support the Together We Build Stronger project to mark ihe IO, anniversarv
of the London 2012 Paralympics through displays and training that champion access and inclusion.
Plastlc Free Shop Funding lor a project with local community group Sustainable Amer5ham to work towards plastic
free Status for Amersham which essentially means reducing the use of single-use plastic. This includes an exhibition
at the museum, schools, sessions to explore ideas of sustainability, and ouireach visits to consult with the local
community about their use ol pla5ticg. shopping and recycling habits.
Rètovery Grantlretail artist and innovate to Generate Local Hlstory Course Grants which have been used to
commission an online local history course for adults and an artist to design a textile for the museum, to develop into
products in our shop and to use within the museum.
Social Prescribing project. Funded by Bucks Culturelsupported by the Clare Foundationl- to promote and run a series
of sessions for older people linked to objects and music. exploring the links with social prescribing.
Refugee wèek Funding towards 2023 Refugee Week pro8ramme. Permission has been given by one of the doner5 for
outstanding funds to be put towards the 2024 Refugee Week piogramme.
Chiltern Soclety To support %taff time and materials related to the documentation and cataloguing of collèctions
recently acquired from the families of the late Anne Paton and Jean Archer.
Open weekend 8uck5 To support specialist staff time to with the delivery of events to showcase a range of objects
from the collection, which visitors don't norrnally have the opportunity to see. To share these and ask people their
thoughts on them, as part of the development and consultation work, to create a new timeline about the history of
Amersham. To run one session with young people on the Friday and a second session for Eeneral visitors on the
Saturdav.
Other represent funding for the acquisrtion of artwork, purchase of photographic album and conservation of a
painting.
Restricted funds are provided to the Museum with conditions on the precise use of the funds. They cany follow an
application for Erant aid, and in most cases any unused surplus should be offered back to the donating body. They tan
include funding not included in regular tncome and expenditure reports due to the multi-year duration of the projects.
21

Amersham Museum Limited
Notes to the Financial Statements
On the Accounts for the Year Ended 31 December 2023
18 MOVEMENTIN FUNDS- PREVIOUS YEAR
Atl
Januar
202
Incomin
esour
oin
At310ec
2022
Restrlcted Funds
ur¢
Transfers
Age Friendly
4,324
31
14,3851
30
MLVM Paintings
AONB Chalk, Cherries & Chairs
Dolls House
Together we build stronger
Plastic Free Shop
Recovery Grant/Retail Artist
Innovate to Generate Local History Course
696
105,613
237
11,0771
11.0321
105,232
795
1.686
1.686
179
196
1.000
1.734
8211
18.7211
12,4861
11,0001
7.183
2,456
1.080
30
120
200
17,425
108,735
119.5221
855
107.493
Gèneral funds
1,553,242
103,517
417,997
18551
2,073,901
Unrestrictèd funds
1,553,242
103.517
417,997
18551
2,073,901
Total funds
1.570.667
212.252
398.475
2,181.394
In¢omlng and outgoing resources include unrealised gains/l1055es1 on revaluatton of investments.
The purpose of restricted funds still held as at 31 Deomber 2022 have been Covered within the movement in funds
current year.
19 ANALYSIS OF CHANGES IN DEBT
Atl
Janua
2023
Other
At31 Oec
2023
chan
Cash flow ￿eS
Cash at bank and in hand
123.279
171,5031
51.776
123,279
171,5031
51,776
Loans
Totsl net debts
123,279
171,5031
51.776
22

Amersham Museum Limited
Notes to the Financial Statements
On the Accounts for the Year Ended 31 December 2023
20. RELITED PARTY TRANSACTIONS
There were no related party transactions dL•iing the period12022.. £nill.
21.TRUSTE£SAND KEY MANAGEMENT EXPENSES
The reirnbursement of expense5 Wa5 as follows:_
2023
No.
2022
No.
2023
2022
Trustees
804
2,395
804
2.395
Reimbursed expenditure was in relation to postage. stationery, travel and other surbdry
expenses.
22. STAFF COSTSAND EMPLOYEE BENEFITS
The average nurnbei of monthly employees during the year was:_
2023
2022
No.
No.
Charitable aciivlties
The expenses reimbursed include travel and general items for the museum for the general day to day running,
The total staff cosls and employees benefits was as follows-_
2023
2022
Wages and salaries
Employers Nl
Employers pension costs
49.324
44,621
1,495
1,524
50,819
46,145
No employee received emoluments of more than £60.000 in the current or prior year.
The charity trustees were not remunerated or received benefits in the current or prior year.
23. SHARE CAp￿AL
The charitablè company is limited by guarantee and has no share capital
23