**REGISTERED COMPANY NUMBER: 01690404 (England and Wales) REGISTERED CHARITY NUMBER: 289484** ## REPORT OF THE TRUSTEES AND ## UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 ## FOR DOVER TRANSPORT MUSEUM SOCIETY (A COMPANY LIMITED BY GUARANTEE) Cassidys Chartered Accountants South Stour Offices Roman Road Mersham Ashford Kent TN25 7HS DOVER TRANSPORT MUSEUM SOCIETY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 **----- Start of picture text -----**
Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7 to 8
Notes to the Financial Statements 9 to 16
Detailed Statement of Financial Activities 17 to 18
**----- End of picture text -----**
DOVER TRANSPORT MUSEUM SOCIETY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 The Trustees (who are also Directors of the Charity for the purposes of the Companies Act) present their annual report together with the financial statements of the Charity for the year from 1 January 2020 to 31 December 2020. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the Charity comply with the current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). ## **OBJECTIVES AND ACTIVITIES** ## **a. Policies and objectives** The Charity's objects continue to be the promotion and furtherance of education and knowledge of transport history and to set up, administer and maintain a museum for that purpose. There are no paid or full-time staff but the Trustees meet regularly to manage the museum's affairs. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'. ## **b. Volunteers** After only 6 days of normal operation, the onset of Covid-19 restrictions led to the closure of the museum in February. It remained closed to the public for the rest of the year. With the imposition of restrictions, a Trustees' sub committee was established to set policy and operating rules for volunteer working during the pandemic and to advise the full board on comprehensive risk management. A very small number of volunteers continued, when legally permitted, to maintain the collection and the fabric of the estate and to complete essential, chiefly health and safety related, projects whilst following mandatory "Covid Secure" guidance. Those volunteers who were considered to be in the vulnerable categories were not permitted to return to work but all non active volunteers received periodic updates and the number of volunteers potentially available to the charity remained steady throughout the year, foreshadowing an ability to resume normal activity in 2021. ## **ACHIEVEMENT AND PERFORMANCE Review of activities** Although the museum remained closed, the museum's website and social media activities were maintained in anticipation of a resumption of business. However, the Trustees concluded that given the layout of the museum, the accessibility of the collections and the consequential difficulty of cleaning exhibits following visitor sessions, together with the profile of the volunteer workforce it was not advisable to re-open in the short period when it was possible to do so. The collections were nevertheless maintained, new safe storage facilities created and some work done on improvements to displays. Pending projects touching Health and Safety and security were taken forward although not all completed in year. At year-end the integrity of the museum and its collections, and the commitment of volunteers, had been maintained. The museum's local public profile was still prominent and communications received from prospective visitors suggested a strong demand for reopening when safe to do so. The Trustees are confident of a successful return to business when permissible. Page 1 DOVER TRANSPORT MUSEUM SOCIETY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 ## **FINANCIAL REVIEW** ## **a. Going concern** During closure the charity was able to secure grant support from the Heritage Lottery Fund, the Kent Community Fund and the Small Business Support Grant scheme administered by Dover District Council. The museum's reserves and the income from grants enabled the museum to meet its reduced overheads and advance the essential projects in hand at the time of closure. Reserves at year end were sufficient for the Trustees to have a reasonable expectation that the Charity would continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. ## **b. Reserves policy** The museum estate is large and consists of old military buildings for which the provision of maintenance funds has been challenging. Normally, during the winter months the museum is able to open to the public only on a restricted basis. Income is consequently unpredictable for 5 months each year whilst fixed and maintenance costs remain to be met. The Trustees therefore consider that the allocation of a proportion of income to reserves is essential and they have introduced an appropriate reserves policy. The financial position is reviewed by the Governing Committee on a regular basis and funds are committed to reserves where income permits. Page 2 DOVER TRANSPORT MUSEUM SOCIETY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 ## **STRUCTURE, GOVERNANCE AND MANAGEMENT a. Constitution** Dover Transport Museum Society is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association. It is a registered charity number 289484. ## **b. Methods of appointment or election of Trustees** The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association and the Rules of the Dover Transport Museum Society. The appointment of new Trustees of the society is ordinarily made at the AGM. Every year three of the committee of Trustees of the museum according to the rules of the Society must stand down. They can choose to stand for re-election at this time. Applications from other members of the society who may wish to stand are also accepted. All members wishing to stand or re-stand must inform the committee of their intention in writing along with a seconder from the membership at least one full week before the published date of the AGM. If there are more people standing than there are places available, a ballot of the membership is held at the AGM with proxy voting slips available for members unable to attend if requested. ## **c. Financial risk management** The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity and are satisfied that adequate systems and procedures are in place to mitigate exposure to the major risks. ## **d. Post balance sheet events** At the time of signing the accounts the Trustees are aware of the continuing potential economic and social effects of the Covid-19 virus outbreak. The full impact of the pandemic on the UK economy is yet to be realised, but the Charity will continue to seek to mitigate risk by following the UK Government's guidelines and maintaining and reviewing its internal strategy. ## **Plans for future periods** The Trustees' principal aims for 2021 are those planned for 2020 and interrupted by both the closure and reduced volunteer activity. They are: to increase the available exhibition space within the museum in order to enhance displays and reduce the number of objects held in store; to enhance staff training; to continue to increase volunteer numbers, and to maintain financial performance whilst developing a strategic plan to ensure the long-term sustainability of the museum. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 01690404 (England and Wales) **Registered Charity number** 289484 ## **Registered office** Willingdon Road Port Zone Whitfield Dover Kent CT16 2JX Page 3 DOVER TRANSPORT MUSEUM SOCIETY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 **Trustees** D Atkins B Flood MBE QPM Rev'd J Lines MBE E Woodruff E Dixon W D Poulter D J Brazier A Cousins R W Pettman P D Wright M Cowell, Treasurer ## **Independent Examiner** Cassidys Chartered Accountants South Stour Offices Roman Road Mersham Ashford Kent TN25 7HS ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** The trustees (who are also the directors of Dover Transport Museum Society for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires 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 those financial statements, the trustees are required to - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charity SORP; - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. 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. Approved by order of the board of trustees on 27 September 2021 and signed on its behalf by: B D Flood - Trustee Page 4 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DOVER TRANSPORT MUSEUM SOCIETY ## **Independent examiner's report to the trustees of Dover Transport Museum Society ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2020. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 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 enable a proper understanding of the accounts to be reached. S G Whorlow Cassidys Chartered Accountants South Stour Offices Roman Road Mersham Ashford Kent TN25 7HS Date: ............................................. Page 5 DOVER TRANSPORT MUSEUM SOCIETY ## STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2020 |Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
36,037
**Charitable activities**
Members subscription
1,920
Museum Door
3,945
Tea Bar
1,799
Vehicle Rent
1,255
Museum Shop
519
Schools
553
Sale of Spares
-
Raffle
2,270
Misc Income
1,715
**Total**
50,013
**EXPENDITURE ON**
**Charitable activities**
Museum Door
2,198
Tea Bar
1,711
Museum Shop
912
Schools
-
Raffle
1,893
Misc Income
-
Events
-
Other
41,345
**Total**
48,059
**NET INCOME**
1,954
**Transfers between funds**
10
579
**Net movement in funds**
2,533
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
459,458
**TOTAL FUNDS CARRIED FORWARD**
461,991|Restricted
funds
£
13,136
-
-
-
-
-
-
-
-
-
13,136
-
-
-
-
-
-
-
10,347
10,347
2,789
(579)
2,210
3,104
5,314|31.12.20
31.12.19
Total
Total
funds
funds
£
£
49,173
8,160
1,920
2,779
3,945
44,968
1,799
26,820
1,255
1,565
519
109
553
2,552
-
4,349
2,270
9,756
1,715
4,370
63,149
105,428
2,198
6,373
1,711
12,405
912
2,778
-
123
1,893
2,046
-
381
-
1,815
51,692
51,794
58,406
77,715
4,743
27,713
-
-
4,743
27,713
462,562
434,849
467,305
462,562| |---|---|---| The notes form part of these financial statements Page 6 DOVER TRANSPORT MUSEUM SOCIETY ## BALANCE SHEET 31 DECEMBER 2020 |Notes
**FIXED ASSETS**
Tangible assets
5
**CURRENT ASSETS**
Stocks
6
Debtors
7
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
8
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
10
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|31.12.20
£
417,260
1,750
970
48,653
51,373
(1,328)
50,045
467,305
467,305
461,991
5,314
467,305|31.12.19
£
419,295
1,255
2,910
44,035
48,200
(4,933)
43,267
462,562
462,562
459,458
3,104
462,562| |---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020. The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 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 charitable company. The notes form part of these financial statements continued... Page 7 DOVER TRANSPORT MUSEUM SOCIETY BALANCE SHEET - continued 31 DECEMBER 2020 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 27 September 2021 and were signed on its behalf by: B D Flood - Trustee The notes form part of these financial statements Page 8 DOVER TRANSPORT MUSEUM SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. All expenditure is inclusive of irrecoverable VAT. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery - 15% on cost Motor vehicles - 25% on cost Computer equipment - 33% on cost ## **Stocks** Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. continued... Page 9 DOVER TRANSPORT MUSEUM SOCIETY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020 ## **2. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): **----- Start of picture text -----**
|||| |---|---|---| |31.12.20|31.12.19| |£|£| |Depreciation - owned assets|2,035|2,030| **----- End of picture text -----**
## **3. TRUSTEES' REMUNERATION AND BENEFITS** During the year, no Trustees received any remuneration or other benefits (2019: £Nil). During the year ended 31 December 2020, no Trustee expenses have been incurred (2019: £Nil). ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019. ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** **----- Start of picture text -----**
||||| |---|---|---|---| |Unrestricted|Restricted|Total| |fund|funds|funds| |£|£|£| |INCOME AND ENDOWMENTS FROM| |-| |Donations and legacies|8,160|8,160| |Charitable activities| |-| |Members subscription|2,779|2,779| |Museum Door|44,968|-|44,968| |Tea Bar|26,820|-|26,820| |Vehicle Rent|1,565|-|1,565| |Museum Shop|109|-|109| |Schools|2,552|-|2,552| |-| |Sale of Spares|4,349|4,349| |Raffle|9,756|-|9,756| |Misc Income|4,370|-|4,370| |Total|105,428|-|105,428| |EXPENDITURE ON| |Charitable activities| |Museum Door|6,373|-|6,373| |Tea Bar|12,405|-|12,405| |-| |Museum Shop|2,778|2,778| |Schools|123|-|123| |Raffle|2,046|-|2,046| |Misc Income|-|381|381| |Events|1,815|-|1,815| |Other|51,447|347|51,794| |Total|76,987|728|77,715| **----- End of picture text -----**
continued... Page 10 DOVER TRANSPORT MUSEUM SOCIETY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020 **----- Start of picture text -----**
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund funds funds
£ £ £
NET INCOME/(EXPENDITURE) 28,441 (728) 27,713
RECONCILIATION OF FUNDS
Total funds brought forward 431,017 3,832 434,849
TOTAL FUNDS CARRIED FORWARD 459,458 3,104 462,562
5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£ £ £
COST
At 1 January 2020 and 31 December 2020 402,340 9,679 21,796
DEPRECIATION
- -
At 1 January 2020 15,720
- -
Charge for year 1,623
At 31 December 2020 - - 17,343
NET BOOK VALUE
At 31 December 2020 402,340 9,679 4,453
At 31 December 2019 402,340 9,679 6,076
Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 January 2020 and 31 December 2020 3,400 2,713 439,928
DEPRECIATION
At 1 January 2020 2,275 2,638 20,633
Charge for year 375 37 2,035
At 31 December 2020 2,650 2,675 22,668
NET BOOK VALUE
At 31 December 2020 750 38 417,260
At 31 December 2019 1,125 75 419,295
**----- End of picture text -----**
continued... Page 11 DOVER TRANSPORT MUSEUM SOCIETY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020 ## **5. TANGIBLE FIXED ASSETS - continued** Included in land and buildings is freehold land at a cost of £360,012 (2019 - £360,012) which is not depreciated. The Trustees consider the value of freehold property to be approximately £1.4m, but no revaluation has been implemented. For this reason, depreciation is considered inappropriate. |**6.**
**STOCKS**
Stocks
**7.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Prepayments
**8.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Other creditors
Accrued expenses
**9.**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
Unrestricted
Restricted
fund
funds
£
£
Fixed assets
417,260
-
Current assets
46,059
5,314
Current liabilities
(1,328)
-
461,991
5,314|31.12.20
£
1,750
31.12.20
£
-
970
970
31.12.20
£
728
90
510
1,328
31.12.20
Total
funds
£
417,260
51,373
(1,328)
467,305|31.12.19
£
1,255
31.12.19
£
120
2,790
2,910
31.12.19
£
2,005
90
2,838
4,933
31.12.19
Total
funds
£
419,295
48,200
(4,933)
462,562| |---|---|---| continued... Page 12 DOVER TRANSPORT MUSEUM SOCIETY ## NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020 ## **10. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
**Restricted funds**
Kent County Council - Security
Kent County Council - Cafe Ceiling
Kent County Council - Kitchen
refurbishment
Dover District Council Winter Programme
- Disabled Access Improvements
Dover Town Council Members Grant
Kent Community Fund
**TOTAL FUNDS**
Net movement in funds, included in the above are a
**Unrestricted funds**
General fund
**Restricted funds**
Kent County Council - Security
National Lottery Heritage Fund
Dover District Council Winter Programme
- Disabled Access Improvements
Dover Town Council Members Grant
Kent Community Fund
**TOTAL FUNDS**|At 1.1.20
£
459,458
2,082
443
579
-
-
-
3,104
462,562
s follows:|Net
movement
in funds
£
1,954
(347)
-
-
936
700
1,500
2,789
4,743
Incoming
resources
£
50,013
-
10,000
936
700
1,500
13,136
63,149|Transfers
between
At
funds
31.12.20
£
£
579
461,991
-
1,735
-
443
(579)
-
-
936
-
700
-
1,500
(579)
5,314
-
467,305
Resources
Movement
expended
in funds
£
£
(48,059)
1,954
(347)
(347)
(10,000)
-
-
936
-
700
-
1,500
(10,347)
2,789
(58,406)
4,743| |---|---|---|---| continued... Page 13 DOVER TRANSPORT MUSEUM SOCIETY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020 ## **10. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |At 1.1.19
£
**Unrestricted funds**
General fund
431,017
**Restricted funds**
Kent County Council - Security
2,429
Kent County Council - Cafe Ceiling
443
Kent County Council - Kitchen
refurbishment
960
3,832
**TOTAL FUNDS**
434,849
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
105,428
**Restricted funds**
Kent County Council - Security
-
Kent County Council - Kitchen
refurbishment
-
-
**TOTAL FUNDS**
105,428|Net
movement
At
in funds
31.12.19
£
£
28,441
459,458
(347)
2,082
-
443
(381)
579
(728)
3,104
27,713
462,562
Resources
Movement
expended
in funds
£
£
(76,987)
28,441
(347)
(347)
(381)
(381)
(728)
(728)
(77,715)
27,713| |---|---| continued... Page 14 DOVER TRANSPORT MUSEUM SOCIETY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020 ## **10. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Kent County Council - Security
Kent County Council - Cafe Ceiling
Kent County Council - Kitchen
refurbishment
Dover District Council Winter Programme
- Disabled Access Improvements
Dover Town Council Members Grant
Kent Community Fund
**TOTAL FUNDS**|At 1.1.19
£
431,017
2,429
443
960
-
-
-
3,832
434,849|Net
movement
in funds
£
30,395
(694)
-
(381)
936
700
1,500
2,061
32,456|Transfers
between
funds
£
579
-
-
(579)
-
-
-
(579)
-|At
31.12.20
£
461,991
1,735
443
-
936
700
1,500
5,314
467,305| |---|---|---|---|---| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Kent County Council - Security
Kent County Council - Kitchen
refurbishment
National Lottery Heritage Fund
Dover District Council Winter Programme
- Disabled Access Improvements
Dover Town Council Members Grant
Kent Community Fund|Incoming
resources
£
155,441
-
-
10,000
936
700
1,500|Resources
Movement
expended
in funds
£
£
(125,046)
30,395
(694)
(694)
(381)
(381)
(10,000)
-
-
936
-
700
-
1,500| |---|---|---| ||13,136|(11,075)
2,061| |**TOTAL FUNDS**|168,577|(136,121)
32,456| continued... Page 15 DOVER TRANSPORT MUSEUM SOCIETY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020 ## **11. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2020. Page 16 DOVER TRANSPORT MUSEUM SOCIETY DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020 |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants|31.12.20
31.12.19
£
£
8,037
2,819
41,136
5,341| |---|---| |**Charitable activities**
Members subscriptions
Museum door
Tea bar
Vehicle rent
Museum shop
Schools
Sale of spares
Raffle
Miscellaneous income|49,173
8,160
1,920
2,779
3,945
44,968
1,799
26,820
1,255
1,565
519
109
553
2,552
-
4,349
2,270
9,756
1,715
4,370| ||13,976
97,268| |**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Vehicle rent
Schools
Tea bar
Museum door
Museum shop
Sale of donated items
Membership subscriptions|63,149
105,428
-
123
-
1,815
1,711
2,778
2,198
12,405
2,805
2,046
-
381
-
6,373| |**Support costs**
**Finance**
Bank charges
**Support costs**
Rates and water
Insurance
Light and heat
Telephone
Carried forward|6,714
25,921
783
1,228
514
385
7,700
7,926
4,057
4,011
694
625
12,965
12,947| This page does not form part of the statutory financial statements Page 17 DOVER TRANSPORT MUSEUM SOCIETY ## DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020 |**Support costs**
Brought forward
Postage and stationery
Repairs and renewals
Sundries
Computer costs
Rent
Motor running expenses
External trainer's fees
Advertising
Motor vehicles
Computer equipment|31.12.20
31.12.19
£
£
12,965
12,947
461
135
29,253
19,968
25
868
499
431
4,800
2,136
265
275
-
570
1,637
4,504
375
375
1,657
1,655| |---|---| |**Governance costs**
Accountancy and legal fees
Bookkeeping|51,937
43,864
118
4,918
(1,146)
1,784| ||(1,028)
6,702| |Total resources expended|58,406
77,715| |**Net income**|4,743
27,713| This page does not form part of the statutory financial statements Page 18