Comp(#w Il•¥*akTr Mo. 01831261 (&Wtsnd and Wal•s)
Burwell Museum Trust
Annual report and unaudlted flnanclal statements
For the year ended 31 December 2024

Burwell Museum Trust
LEGAL AND ADMINISTrATIVE INFORMATION
C Leach
Ms K Rob¥wi
C PAy¢m
(Appolnted I September 20241
IAppointed I September 20241
(Appointed 9 Februuy 2(Y251
Chtylty number (￿land Wokn)
Corygny rnmib•r
01831269
R•oltt•r8d *￿e•
Watson's Yard
Flgh Street
Cottenhom
com￿*￿ge
CB24 8RX
Hoyden Watsc
Stree House
Wotson's Y¢Jd
FrKJh Streel
Cotterthm
CamtMi(Sg
CB248PX

Burwell Museum Trust
CONTENTS
Tws10&s' report
tTrJependenl examir*s rep(xF
S*olemenl ol financ￿1 activthes
Balance sheet
Notes lo the financ￿1 strolements
10-18

Burwell Museum Trust
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present Ihetr annual repryt and 5toFeff*nts fu the ye(Y ended 31 December ¥)24.
The financhjl sto*ements been F¥ep￿ed in acc<xdorre vAlh lh& accounting Set out in nole I to the
financiol stolew*nts and compty chJrV5 goverrring (Jocument. the Compjnies Act 2YJ6 ond
"Accounting ond Rep)rliro by chari11￿.. Slalemenl of Recommended Proclice Oppflcab￿ to Charit￿5 prepari
their accounts in occordance wlh the ￿r￿n￿oI Rgw1ing StoThlard appr￿able H) th& UX ond Repubfic ol Ireland
IFRS 1021 leffeclNe i Jonuory JJ191'.
y the provfslon of a Musevm. Ihe objective of Ihe company i%. Q5 5)reviousty. to promote Ihe advoncement of the
educotion ol people in the &￿ell oreo. os well 05 ct4then attending locol schoots. As in prewous y6ors the
mv5evm wos opened to the pubfic on se18Cted doys throughout the 5umrner. ond otso opened on days when locol
Schools or other interested soc*ties requested. H￿n9 regord to Ihe reth yeor the direclor5 consider
companys objecttves have been sotisfactorty aCh￿ved ond the fir￿nC￿l wformonce ond yeoi end p￿tion to
b8 SOti5foctw. The poI￿leS adopled in Iwlhoronce of these obpcts (xe ovala￿e at the museum and there has
been no change in these duriTrJ the yery.
The TnJslees have paKJ due regud to gUda￿e by Ihe Chaity decidlng what actNities Ihe
charity should vndertoke.

Burwell Museum Trust
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORn (CONnNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
In 2024...
During the vitnter 0123143 we continued lo improve the Museum bolh wilh the exhibits and Ihe intrastnjcture of
the Musewn, continualty maknng improvements OLf vtsIt￿S. Owfocus though fc* gY24 wos lh¢ Bom. ￿MovIng
and re.setling the F(xrn Year exhilylwtKh hod been touched fox (knjt XJ yeu5.
In January. we lost our Mill Manoy who had recentty becorr@ o TnJ51ee. We were vwy l(xtunate that the
previou5 Manager lo step txKk n on o leMpC￿￿Y basi5. which has conffin￿l I￿jghOut 3)24.
We opened ogain at Easter with an inlention lo inuet)5e ow lootfall from to continue to ext)cJnd OL
volunteellng 5toff and to improvelgr<)w gyJ¥txts. We ol¥0 hgpe(I to reoch rnixe k)¢ol peoi)le Imd schoo15
olong the woy. We mode o change to ow o￿nIr￿ doys Irom Thursday ond Sundoys. to Saturday (2fKI Sundays.
with opening hovrs 10am lo 4pm, thvirvJ the ThU￿10Y tree lor Sc￿)01 vsits. Tr5 has wc*ked weH with us
managing to otlroct in the ￿tter p(xl ol the year vI￿ts from care homes as wdl as schoots. We otso welcomed
Jone who provide5 spinning demonstrations ond ha5 enhonced <xJr offering ak)ng with Wil the B4acksmtlh. and
thes8 remionships have continued nlo 2025.
In Juno 2024 wé We￿ grfled on AuslK) 7 von bek)ngng to Ihe Lowe f(*mfy who ran the trf]ket5 in Swatham Pri
until 1955. Cdin Lowe'5 famity had owned it from new and il Came to us in immaculate condition. It ha5 been
displayed in the Vintage Vehicb shed olong vthh bread itenLS mode by the voknnleets. We were also lucky
enough over the winter 24125 to be offwed ilems from C￿n Lowe'5 c￿￿10n vtih will be reported on
in the 2025 YE report.
We were unfortunotely untstAe to lutffll all of CM program ot events and Ocfvll￿ thiE year dLP to chonges in
both Trustees and Front of House Vokjnteers. rrmwng OLf Iv40 tiggesl income generating ev8nts 11940's ond
school aclNitiesl. However. we did monoge to nJn our Ckw C¢y Show and o new event 'Sonta's Grotto,.
which enabled us to rescue some w51tor nUrnb￿s thving us at cwound 2,[￿ last yety. Our yrylor5 continued to
leove very positive feedbock on TripAdv￿(￿ which helped generate further lootlall.
Following the investment made in llfJ of In￿d￿￿j Ihe fte aknm. we conlirn￿d to work cn ts electir5
chonging out further items in the tOl￿t bbct and addirvJ some od<filionol exlemol Ilghts to aid security and
those ottendtng in the gvgrTrt of on en￿L￿C¥. Ow IF wcled was stdl ongoing orKI continues inlo 2025.
but we are nearing the completion of tl.
The museum ¢ontinues to op￿e as a compteldy Ydunteer run cYgoriwlioA ¢JrKI tt￿$ comes a lot of w
for a 5moll bond ofTrust•es.
The Museum's linoncKJl choI￿r0e$ conlmed in 3T24 with it coff#ng very close over Ihe wnter 0123124 10
running oul ol money. Budget n￿r￿gement was tightened ￿¥ther and o donaf¢on rectr￿ed in Apll onowed us
to continue.
However wth costs going up gl)baty. Ihe Museum wa5 rnt exery)l increase5 being passed on to the
Museum. The bugesl outlay lor the Museum was OLX ins￿Once went up lo £3.7W. however w8 were
oble to gel a contribution from the Reach CorTKnuruty Sokx F(ym t¢)words this Maki￿ it m￿e Monogwb￿. We
revEwed both odmisgons ond t80 rixjm [￿￿5 ond made a colkcttve decNon lo thve admworLS pricing the
same as lost year, but increase the mrfd lour costs 10 £5 a head. and we continued the booknng sy5tern sel
up In ￿23.
We introduced the obility to ixry admwn oThJ spec*]1 event kkets vio ficketsource wh￿h guoronleed us
income. even ff the Fxvch05erdidn't ollerKS Thts was p(TrlicvkJty effectNe Icff the C￿stMaS Grotto evenl.
Our biggest achievemgllt n 3Y24 however was lo remove Ihe cth from the rnKId￿ ol Ihe 8am openrng up th
or80 os an èvent space. Thts was yomptly by o profess￿n01 fdk fvio who were running a wortshop ot
Burwell Hov5e ond wante<l 50mewhefe to perfoml We hove continued to Use it for s¢hod ¥￿ts but the spoce
made OLK Chr￿lmoS Grolto evént successful. afthwng us to have orKI sell rèfreshments in the space.

Burwell Museum Trust
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Volunteerwthk
Over SJXI ttOu￿ of voluntwng were k)gged in )f24, Ihe Tru5Fees ok)rKJ Trmth the key VcAunteer5 idontified areas
ol change ond development lo be im[kn￿nted by both par￿5. Th& Fxirrtsy locus wos to try and imprrive
beifing and goup item5 01 the Same ttsgelh￿ ma￿j better ethi¥ls. Some 014th￿h were completo¢J over
the winter bul lotg continued once we were open. o weekty vduntew PTe5erte on ￿te. Vd¢JnteeTS are well
trained at 5uning in and our ond reccxdlng Ihew dedicolK)n ond commitment. The Twste85 have also been
honds on and invclved wth the execulion ol tasks. In ￿24 we recrutled a Vdunleer vtho lotei b8come a
Twstee. to be the manager of the v￿￿teets wh￿h has wclked wel. h(Mng one point of contact for oll the
teoms. Our biocksmith continued hks running a few workshop5 too in the Forge and as I hove already
reported. we hove our spinner wtrK) i$ 0150 hdpirKJ to t*ing Olf Museum lo ￿le. Allhough OUT V(Aunteer nvmbers
fell dvring th8 yeor. we have manoged lo keep the h￿$ logged to the some os thal 012023 and we (Ke
continually tyng to g81 voknbteers and Twdees. ThB contitmjed nlo ￿25. Wtyk done In 2024 has inctsJded'.
Mill moinlenonce & work on the &eatSw Wheel conlinued
Generol sile moinlenonce including painlwvJ tmJi￿JryS ond docy5. gerwol maintenance of lawnslhadges.
Moving thg cart trom l￿de the bam and finding a for thi5 in the cort shed.
Continuing the creotion of mue exhibitM)n ¥)ace in the cld EducalKJn Room.
Rtrvomping the Vintage Clothing exhibition lo creole more usable spoce to exht)it our artefactS.
Continuing the FK859rY(JlK)n of the obseryalw tvli from Barrie ot Ihe museum and buildlng o
bose lor it lo ￿and on. Wort on the dome conlirKJe5 into ￿.
Instonolson of comJgated sted on Ihe to at the sidg ofthe wntage vehicb Ixjlding lo use lorstorage.
Removal 0126 mill goi￿ forreslorotN)n Overtr￿ wnter.
Repalrfng the floof post orKI ￿esent g(Jkny
Creotion ol a new Bee exhibit Ihe txjm.
Fobricotion of a stage fc￿ uso dL￿ng events.
Rewew eyhibits ond in the entr￿￿e lo the B(yn- cleon u relocale
. rtK oll the bottles on the ledg8 obove Ihe Bam inwentrance %Joor.
. c￿On and revtew ol all rlems v•]ge in ts Post & P￿nt Golwy ￿th a view to diSKloying
items in the cobinet (yJtstde.
RgvEw ol lobelling and tyng to Kjthify the people n Ihe pictLKes P&P gallery
Renumbering the cabnet and th& ￿￿￿eS in the NMen Hul cat*ne
Creation of a butler nllk chLMn rfL5pltsy n 1he txyn
Wetorning a new Ausffi 7 van to the coNeclion- Irom Swaffhom P(icff bak
Reviewing the Bu￿ell bus ticket diEFkn in bus cab.
WdcoFning. repaiing and exhibthng the dd Reach Church (wn.
Photo ¢*igtlootion. cdlecth)nswork ond cal¢&)gury ol CKJnch mogollnes
Checking temperoture. arvj pesl l&ve
Cleaning
Front of hcKJse- Installing a event she¢ by ts ki)sk to house ilems f￿ the events.
. Sthool. group Y￿115 and cLrtreoch ev¢nts.
Investment in repk)cemenl eleclvcs to tha t(xlel t4ocL rthv exlemal r@htiro and lo191 algrtr&.
. Repla¢¥m6nt C￿erns In to18ts and ol sknk ¢Jea& (*)ng ￿1h a fepaint InIerr￿lty.
Ev•nts Included
Start of se050n event. Eosterlhemed aclmtw E(LSter Sunday
Notk)nol Weekend- free ev￿1
Cl05yc CorShow
H&itoge Open Doy -free ￿ent
Sonlo's Grotto in the Mdl
May
Augusl
September
December

Burwell Museum Trust
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
F4md•d proJ•cts
Bob McLoren
Reach Communty Sdor
£io.c
Plan$ 1orth• *lnt•r
Other thon somè of thè works atready KJgnlifi8d n the v0kff￿ oclievements Section above. thwe was:
. Wort to revomp the femalning tolel ￿e0S and reF4xement of the tolel clslems whlch were skw lo ffll
ond drfficult on event d<rys.
Pointing ol the Bam floorto create ¢*Jst rth¥ il ha5 been ope￿d up.
Relocation of the Story of from the B(xn ￿*0 Ihe Tea Room
Remove sailing yacht in bcyn fc¥ reSt￿atiOn
Creation ol new drectK*nd stgno9e site
Change Museum ￿gn￿e to refiect chorvJe in drys arKI ¢Jeate new Wa￿ng rr￿p d¢Jwn ot Gardiner
Memo￿1 Holl.
Test hose ol Fr¢ Engine In bom f¢y (￿$t0$.
RevEw vehicle5 in ViFFIIy8 Shed in¢kJdiro von
Reconnect the bell into the bus cab.
Restore telephone tx)x.
. Continue restorath)n ol the sol reawond Cknr￿ down of fhe 5hed5 eyhlN
Reviewng inlormoth)n boards iyound the F(xge helped by bkjckynth ar￿ sixling the equpment in
the Forge making space lo cary out demo￿tratior&E.
. Continue to review and replace faded SIgnc￿ and updolry ￿tormatIOn sheets making th&m more
V15tlor focv59d.
. Plon some volunteerTecwTlmenl lore(rlySwrYJ.
. Continue to review and cthn e%lit¥ts ￿ the bam.
Continue to review musevm orchNe ond ffing cat¥r￿ts to h* ￿0vId￿ bellw inf(xmation on gxfwbits for
Vishors Includlw the Loe ol QR code inlormolion.
Conffnue to rtrorgantse on site sheds creatry a of Iter￿ str¢yed n eoch / rev*wng conditioft ol
equipment wlth a wew lo re[￿r0/reF￿￿¢ng.
Redesign ol the Irilold thfiet to tnclude a new bcal*)n map wh￿h captures the current pOr￿r￿a
awangements more clecwty. ond updoliry the mop maknng it ea￿er lo move around the museum 05
a visitor.

urwell Museum Trust
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEM8ER 2024
A. Make the Musevm easier to rThiMtain ond wn- opply fN o ￿nI F4)werlbattw storoge.
A. Bring %mikir items OLf coHection5 logethw ond moke the ext￿l4ts releyont wh￿h will eno1￿8 belter
inftymotion lor vtsitcrt.
A. Create eyhibits that can be eas￿ svthched (rwKI trveryfew yecys so Museum stays rdevont.
A. Crgale a spoce Icrge enough to host bgger￿K6 ond èv8nts.
Imkxove m91fK) ￿eSenCe / reoch of ¢xfverfNro to hdp increose (￿￿Xen￿ of the Musevm and our events.
A. Increa* ￿lIoT nurnbe￿ eng(tye with (xjr V*oe schod as wel a5 Other 5choots orKI communlfy groLSPS.
Resolve tr￿at ond spoce i%SL￿5￿￿￿ Ihg exisllrKJ Tea Roomlkilchen fac￿ty.
A. Generate en¢xJgh lo keep Ihe MLwm rvnryng wth(xrt regu￿ ￿r)nt / donatKJn funding I stx>nscfship.
Review fUnd￿g orKI pwlArties bef￿ planrNNJ expw to exlend the wnlage Vehic￿ shed.
A. Conlinve to rec(*d. prolect and wnprove ourcd*lK)ns
E Improve 0urengogom￿* with Wtsilor5. to pro￿de spectr in1c￿OI10￿ abolrt c¥lefocts ond interesllng facts
trom the ero, moknng I1￿￿$11 interesl*vJ felevont.
F Generate fun(*ng fcy con11r￿le(j ￿eP ofthe Ml os Q WL¥king win¢*rfl by 3Y26
G Proposed ExlNtMliorL%: Education Hub about powgt ond solar ger￿rali0n scheme5 around Butwell- tied up
whh grant Op￿￿atIOn forsol(w poweT genwtIC￿ and bcrtlery slryap.
Hnonclal r•vl•w
1115 the polry of the chorfty Ihot L￿e51rICted I￿￿15 vhich hove not been deggnaled fcK o specwlc use should be
moinloined at o kvel equNolent lo befv•een It￿ orbd Six month's expenditwe. Thg Dweclors considers thol
reserves al tTr¥5 level wll ensure that. in the event of o sKJntficont drop in fvnding. they will be oble to continue the
current activitie5 while ¢onyd6rolion ts gNen to WOy5 in wh￿h addil*)nol funds may be Ta￿ed. This tevèl of reserves
dipped bek)w ealy in 3Y24 bvl ￿lUsI oixxrt been maint￿1 fu Ihe remairthrof the ye(r.
The Tru5tee5 hove cssessed the majcK ￿kS lo whth kn¥el Museum Tr¥tst LE exposed. ond (we sotisfied Ihol systems
a￿ in pk)¢e to mltbale ony ey4>oswe.
It Ss the poticy ol the chth thol vrYe5tiicled fu￿19 wlNch have r¥)t been de5ignoted lor o specific use should be
mointoined ol a ￿Ve1 equNalenl to befvleen Ihr89 ar￿ Six month's eN¥endilure. Ihe Trustew con5KJ8r thot reserves
at this ￿ve1 wll en5we Ihal. in the event ol a signfficoDI drop in Ivrmying. they be able to continve thg ¢hority'%
current activit￿ whle consKleration i5 gNen to ways in addTIN)rol IvrK15 moy be raised. This level ol reserve5
hos been maintained throughout the year. Howew. costs of Ihe rw4 ahjmi S￿ern hos pvt a stren on resetves,
th6 trustees outweighed the costs vs Ihe benefil orKI onkipote forreserves lo rel￿n to nclmal tevets dvrft)g 2024.
Tro TrU￿ee5 hove ossessed the mo￿)r￿kS low￿h the choyfty ¢ exposed and are %7tt5fied Ihat 5y5tem5 are in
KAoc8 Io TT%ligot8 exposwe to the rr￿￿k
BLErwell Museum Twst ￿ a compony rmI￿d by oJ¢yonlee.
The Trustees. vrtK> QTe obo the <freet￿S for the pupose of cixrpory kw. and who servod dl￿ng the year and up lo
the dole ol ygnotse of Ihe finoncid slolements W￿e.
Mr S Heath
M5 8 Vliknn

Burwell Museum Trust
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORTI (CONnNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Mr M BrON￿e
Mss J Ganrford
M5 S C Phipps
Mr C Leach
Ms K Robinson
rAWhite
Mr C Bryan
(Retya￿d l M(xch f241
IRestgned Xl juty￿241
(Apptsinled I Septembw3Y241
(Appointed T September ￿24)
IResKJned l FekNVW 20241
(APp￿ted 9 Fet*uory %1251
Trustee5 are recrulted by adverttsemenl cxound 11)e vknge and on m[￿eurn vRbyles and are oppolnted by
agreement ol the eyjsting tnJsfees.None o11ho tirecttys hos ony bene￿￿1 interest in the company. Al ol the
Dlrectors c¥e members ol th& tompony and wyantee lo conlrtwle £1 in the event ol a Nvlndw up.
The company's Cu￿ent poI￿Y conceming the wymenl of trode cred[tr￿S S to Idlow Ihe C81.5 Prompt Pay￿ Code
[co￿e5 are ayak3b￿ frIMn Ihg CBI. Centre P¢int. 103 New Othd Street. London WCIA I DUI.
The compony's current pOr￿Y conceming po￿nI ol trod8 c1edito￿ 15 10:
. settle the terr￿ of poymenl w71h 5uppkn when 0￿g the teffns ol each tronsoction:
. ensure Ihot yjppkn ¢Je nvJde aw￿ of the tern￿ of p(went by of the Televant terms In contro¢ts.'
ond
. pay In acc¢ydonce componvs controcltKY ond olYwleW (Wv
Trode creditor5 of the company al the Ye￿ end were equNaknt to O dtys wch05e5. based on the overage dally
amount invoiced by ￿pp￿er$ d￿r￿j Ihe yeu.
Burwell MLtseum Trust ￿ run by the Trustees. Tr Truslees manoge a wp of ￿ Yohmteers to erwe the d¢ty.tO-
doy mointenonce ond r￿¥ing of Ihe mu5ewn.
The Trv51ee5' rep￿tWaS ¢JPF￿ed by the 80(¥d ofTJusle8S.
Ms B Wmson
Trust6e

Burwell Museum Trust
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF Burwell Museum Trust
I r8PQrt lo the Tnjslees on my exanrynotiw of lh8 ffinancid slolerrents of Museum Twst (the charityl fcx the
year endod 31 December 3Y24.
A•sponslblNtl•s and ba$15 Qt re
As the TnJslees of the chortly lond aLso Its dwectCM5 fix the txffposes of company kn¥l. you are responsible fry 1hè
preF)or(Jlion of the finoncK4 ￿aterrentS in occcKdonce wth Ihg reqtKements of Ihe Compani95 Act 2￿.
Hoving sattsfied my5eir thal Ihe finandol statemenf5 of the ch(th ￿e not rewwed to bg oudlled vnder P(¥t 16 of
the Companies Act 2CQ6 ond (xe efwJil)te lor Thjependent exomination. I rewtr in r8specl ol my examination of
the chcrtty's Ilnancial statements CtiTied out under section 145 01 the Ch¢Thlies Act Wl l. In ca￿Ving ovt my
examinolion I hove followed Ihe C*&clK)ns given by the Cl￿ty Commwn under sèction l4515llbl of tha
Charities Act 2011.
I have comp￿ted my examiwtion. I confmi thot motters hove coffe lo my (Jllention In connectM)n wth the
exomina1ion gving me cause lo befieve that in any malericl respectr
acc¢yJnthrvJ Tecord5 were not kept n Tespeet of the charfty a5 requred by secllon 386 of th¢ Companie5 Act
the financial slatemgnts ¢*) not accc(d wth Ihose recud5." or
the financ￿1 5talements do not comth wth Ihe accounting requKements ol section 396 of the Companies
Act 2(X)6 other Ihan any requwement Ihol the slotements a trl￿ and fa￿ view. which ￿ not a
motter conydered os port of on independent exomirholion.. or
the financiol statemen15 hove nol been wep(wed in acccwdonce ￿ the methods und princip￿$ of the
stolemènt ol Recommended Practice for ac¢ounrfrKJ and TeprytirKJ by chorilie5 oppficable to charitie5
preparing thew fnancial staternents in Occrydor￿È the fir￿1￿1 Repcrfng Standard apdicable ￿ the
UK ond RepU￿1C ol *eland IFR5 l(r21.
I have no ¢oncems and hove ci)me (Kross no other rnatt￿ in conn6cl%)n with the exominotion to whrh
ottenlK)n shoukl bg (tr(￿ in thts report ￿ (xd6Y to erwjbb a kX¢V und￿Standtll9 of ￿ financial 5totwnents lo
reached.
H￿den Wotsc
E15tree House
Watson'5 Yard
Hlgh Slreet
Cottenhom
com￿1d9e
C824 8RX
Dated..

Burwell Museum Trust
STATEMENT OF FINANCIAL AcTrvmES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
fvnds
frjnth
Income Irom:
Donolions ond bgoc
Charltob￿ octiwties
73￿13
16.417
13.013
16,417
16.5&3
16.553
Told Incom•
1&192
18.192
charitab￿ acliwti65
26.491
49,128
43.1&5
14A17
57.572
26.491
49.128
43,155
14A17
57.572
N•tlncom•/(•xp•ndllw•)
126.4911
119,6981
124.9&31
114.4171
139.3801
Tronsfeis betwe&n lunds
136.1951
36.195
Met M¢WeM￿ In fvnds
6.793
126.4911
119.6981
161.1581
21.rn
I39,￿)
R•¢on¢lN¢Jllon Offvn￿.
Fvnd bal(2nces ot l Jonuc¥y
24
468.éA)5 470,&
510,210
Fund bcAone•s a137 D•c•m
9D18
442114
451.132
468.tS05
470,830
The Statement of finoncKJl octivllles kndudes all gaws k%ses rectswd In the ye(r. Al income ond expenditur8
derive from continuro oclivihes.

Bulwell Museum Trust
BALANCE SHEET
AS AT31 DECEMBER 2024
TangitAe assets
435.859
447.279
stocks
Debtors
Cosh ot t)onk and In hand
12
13
942
16.61Y2
843
24.938
17.744
25,981
14
y•ar
PA711
12.4X)I
15273
23.551
451.132
470,
Th• fvnds of Ihe chqlly
Restiicted income ￿rKts
Unrestricted funds
15
442.114
9n18
468,*S05
2225
451.132
470,
The compony 15 enlit19d to lh& exemption from the (x¥Jl reQ￿e￿￿nI conta￿ed in seclK)n 477 01 the CompanEs Act
2LX)6, lor the year ended 31 DeCern￿ Ir24.
respect to accounting reccrfds and the ￿eparI￿110n ol ffftorcKY slolements.
Ihe membets have not re(￿d the coffp(Yry lo obton on oJdt of rls firKincNJl statements for the year in question in
occordonce wth seclvJn 47&
These ffnoncKJI sta18m￿ts hove been F¥epared n (rcc¥d(￿e Ihe FYovThon5 wkotA9 lo compan￿5 SUt48cl
to the 5mol compon￿￿ reglme.
Thg finoncial 51ataments were ¢JPPToved by the Trv51e85 on ..........
Ms B Wiknn
Company registrulion numborOI831269 and Wde51

Burwell Museum Trust
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
AccovnllrvJ P￿kI•S
Burwen Museurn Tru￿ s a private CCmFony IrThted by gjrxontee 1r￿p(x019d in ￿ ond Wal&s. Tr
¥¢g￿tered offfce i% a51r88 H￿Se. Watson's Y(rd. Hvah Stfeet. Cotlwlmm Cornts*Yge. CB24 8RX.
1.1 Accounllng con¥enllon
The linancKJI 51atements have been K¥ewed in accordonce wlh Ihg charity's goveming documenl, the
Companie5 Acl 2W6. FRS I￿2 Ihe ￿￿￿1n￿l Repryliry Standard op￿Ic0tA8 in UK oTrJ Republc of Irelond.
and the Charit￿5 SORP 'Accounling and Reporling by Charilies: Statem￿1 ol Recommended Practbce
appl￿abse to chorities prepjring Ihw ￿counts in oCc(xdo￿e wlh the fvancid Rewting Standard
Opplicab￿ Sn Ihe UK and Repubk of treknrvj IFRS 1021". The thytly is a Put* Bengfit &itlty as defined by FRS
The ch(￿ty h05 token athantaoe ol Ihe in the SORP lor chcwitie5 nol Io a stot&ment ol cash
Itows.
The finoncial statements ore ￿epc￿ed n 5Fgrfing. wh￿h i5 the func11)r￿1 cw&ncy of th8 charity. Monetary
amount5 in these financial 5t(31gments are rcundèd lo Ihe ne(rest £.
The financial stotements hove been prepored vnder 1he h￿orIcal cost conventic￿. Imodified to include the
ievaluation ol fr&ehold properlies ar￿ to inclLth inveslment [￿OperlES certain fir￿n￿oI in51rumènts at la
valuel. The princ¥)til accountry F)okies adoptwj (xo sel 4xrt below.
12 GOINJ conc•m
At tt)e lime ol approwng the financKJl Statemen￿ TDJslees hove o reason0l￿8 expectollon that the charify
has odequate resowc8S to conlinue n operobM71 e¥i*tence ICK the foreseeable fvture. the Twstees
continue lo a<k)pt the going Co￿eM b0515 0f0cc￿ntlrWj in prOp￿ThJ the knnck]I statements.
1.3 Chcxllablefvnds
Unre5tri¢ted funds (xe oyoli oble kn use ot the di5CTel¥)n of the Tr￿lee$ in f￿the￿￿e of thetr charilab
objective5.
Re51ricled funds are svblect to 5pecffic Conditio￿ by donor5 crf gront(xs as to how they may be u5¢d. The
purposes on(J of the restrrted fund5 ae 50t out n Ihe T￿18$ lo Ihe financ￿ slolements.
Endowment fun(*s ¢Je sutlect to SFeclk conthK)ns by don￿5 thot the c(ylal must be maintained by the
charity.
IA Incom•
Income is recogn￿Od when the th3ity ts enti1￿ lo ￿ ofter any wf0m￿nCe condFlions have been met.
the amovnts can be me05ured relabty, and tl 15 Fyotsjble IIM)t income wl be receiyed.
Cosh donolions (xe recogTh5ed on recept. oth8r donalion5 ￿e rg¢ognsed once tha C￿rity has bean notlfied
ot the dOr￿tK)n. Unle￿ perforrrKJnce condit￿n5 r8qure deferral of the amount. Incorne lax recovera￿& in
relolK)n to d[￿IK)n5 received vrKltsr Gift Aid ￿ deeds of covenanl 45 recogntsed at Ihe Imne ol the dontition.
Legacies ore recogni5ed on receipl or otherwse rf the chcth hos been r¥)tifigd of an Impendng dtsttibution, the
amount is knovm. and receipl i% expected. IF the (rnnt is nol known. the legacy is treated as o contingent
osset.
10-

Burwell Museum Trust
NOTES TO THE FINANCIAL STATEMENfs (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
(¢anNnv•d)
1A Expendllwe
Expenditure ts reCogn￿d 0￿e Ihere ￿ a Corts1n￿tNe Ot*JaI*￿ lo transfer econ0￿C benefit to ts thtrd
PaTfy. it 15 prc)boble that o tro￿f￿ of eCor￿rn￿ be￿fits be requ￿ed fft settlement. orKJ the omount of the
obloalion can be mea%ured rekjbly.
E¥pencfjhKe ts dosgr￿d by aclmfy. The costs ol each ocliwty nvJJe up of th8 totol ol direct costs and
Shored costs. including suppwl costs nvdved in undertoknng each aclivity. D¥ect cos15 atlribJ1able to o single
octrvity lye ollocoted d￿eCIty to thot actNty. Sh<wed cos*s vhch contribute to m(xe lThon one activty and
SLlPPOrt costs vthich ¢Jre not atlrWobSe to 0 5in* oclwity ￿e omvlioned befv￿n those activitie5 on o bosis
¢on%slenl wilh the use of resowces. Cenlral sloff costs are allocated on the b(Jsts ol time 4)ent. and
depre¢bNon charges (Te amocated on the pc￿￿ ol ts oss81's use.
1A T4x*Jlble fthl as
Tangible fNed 055ets (r8 ￿￿110￿ M￿jrad at cosl orKI subsequenlty meogJed at C05t or valuation, net of
dey¢cKJllon ony impoin*nt h)s805.
•L
DeFYeCititlon 15 recoywwj so 05 lo wiite off ts cosl (x v(knkn of ossets kn thex residual valjes over thetr
useftJl fves on the IdkMro boses:
Freehdd land on¢J
Leasehc*J kjnd ond buldings
Pkjnt ond equipment
l%on c051
l%onc05t
Xl% teducw bolonGe
The g(in cw b55 ort*ng on the (55rx)sal ol an (wet s deternffted 05 the dTfierence behveen Ihe sale proceeds
and the canytng v()￿ ofthe 05set. 0￿j li recogTh5ed fft Ihe statement of financiol octivitles.
1.7 Impaknwrt of Ilx•d assets
Al eoch reporting end dole. Ihe chcth the COT￿r￿ Orr￿lnts of ils longble 05s¢ts to determlne whether
there 15 any tndicotion thot Ihose 0558ts have yjffered an inwwrn8nt bss. 11 ony such indicotK)n exsts. the
recoveroble amount of the ¢Jsset 15 e51imoled h c￿der to deleMYr￿ Ihtr exPenl ol Ihg wnp(wmenl bss lif anyl.
1.8 st•¢
Stocks are stated ot Its lower of c051 ond eslTh]led sefAng ￿lce bss costs lo complete and sell. C05t comyises
drec* mcJleriots and, where appkoue. k]bcMN cosls ond those ovetheads thot hove been in¢vrred in
tfflnging Stocks lo their F*esent bcoticm and condthon. Ilerrs held f¢y distritsjkn ¢Jl no or nominol
conyderotion (tre measured Ihe k)wer ofreplocement cost and cosl.
Nét reaknble volue ts the estimatgd selng Frfice bs5 01 estim(rted costs of completion and costs to bè Incurred
in marketing. sewry ond ¢S¢stribul+on.
1.9 C¢Mh and cosh eqUI￿1•nI5
Cash ond cosh equwolents include c05h in h(md. dep)gts heky ol cd wth borts. other short-lÈm Ilquid
Investments with originol nTh)tirritie5 of trwee kn. and b(mk overthafts. B¢mk ov￿draIts shown
thin tm)rrow￿gs in CLxrenl

Burwell Museum Trust
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng polkl•s
(Conllnved)
1.10 Flhun¢lul InslNm•ths
The ¢hority hos dected to appty the ol Section I I 'B(w Fmanciol Inslnments, ond Seclhjn 12 '0ther
nancial Instruments bsues, of FRS Itr2 to dl of Ils fir￿n￿￿ nS1w￿￿nts.
financiol instruments a￿ recOgn￿ed n Ihe ch¢JiVs bolonce sheol when the ch¢th becomes po¥ly to the
Controctvol provimons of the Snshument.
nancial (J55ets und r￿bIrrtles are oftset, fft the net amwnts pr8senled in the finonclal stalements, when there
15 a legally enforceoblg right to set ON the recogriwl amounts and thwe is on intèntion to setle on a net ba%s
¢y lo reakn the iTht ond Set￿ thè kJiJTrtyshixl1one￿.
Bo5r ffnonciol ossets. wh￿h indude deblor5 and cosh ond bonk bak]fices. ¢ye iruhally measured al transaction
price in¢lu<Jing tronsaclK)n costs and rye subsequenlty carrpd at omorttsed cost using the effective inl8r85t
method unle55 the (yrongement constitutes a finoncing tron5aclKJn. w￿e the trorfjaction ￿ me05ured ot the
present value of Ihe future receipts ¢thscounled at a role ol nterest. Hnancial assets c1059fied os
recewable within one ye(Y cjrg rK)t aft￿￿ed.
Basic financial fK)bltlios. including crethtor5 ond bank k)ons (Ye initialty reco￿ at trarfjoclion Fxlce unless the
arTangement constitutes a finoncing tronsoct*)n. where the debt in5tsumenl ts measured al the present volue of
Ihe future payments d￿Ounted at a m(#tel rate ol ￿tereSt. FwKJncK)I fiatJ*ies clasyfied 05 pay0￿8 Wthin one
year are not amorlised.
Debt Instruments are wbsequently cottsd at amor1￿1 cosl, eflé¢lfve interest rate meth¢)d.
Trade creditor5 are otJigiJt1or￿ lo pay 9)ods ￿ 5ervice5 It￿ hove been acquired in the ordiwy course of
opertslions from suppfiers. Amounts poyot)le (tre cbsslr￿d as cwenl Strt￿￿TeS M poymenl 15 thje wtthin one yeor
or les5. If not. they are pwesented 05 non<urrent kJbth14es. Trade Creditr￿ are re¢ogntsed initiony at transaction
pr¥ce and 5ubseqvenlly rneay￿d al cosl Ihe elfeclwe intwest m&lhod.
Finonciol liobllies derecognwl when tho charlty's contraclual ob&aolK)ns expke or are discharged
cancelled.
1.11 EM￿OYee beneNI¥
Thg CO51 of any unused FKJlthy entillemw)l is r*cognÈed kn lh8 F)eriod Ihe eM￿oYee'S services Iwe
r8ceNed.
T8rminolion beneffts ore reCogn￿ed smm8dKJFely os on expense when the cFKJtly is deN￿nstratsfy committed to
lomiimte the employment ol an emF*)yee ￿ to Fxovhje tefftinalion benèfits.
CrTtk(4 ac¢omllng •thial•s and ludgem
In the appr￿atIon of the chority'5 oct(￿￿tIr￿￿ por￿￿ the TThJst8es cxe ￿utred to make judgemenK aslimotes
and ossumplions obovt the canwng omount ol assets ¢Jryl SatMliti8s tIK3t are not readty opporent from other
sources. The eslimoles ond <￿0C￿￿ed ¢Jssumpliorfj rye br￿ on htslorical e4H*nce and otheT fuctots that
ore considered to be re￿Vant. Actuol results rrny ¢ffier Irom Ihe5e esknmotes.
Ihe e5tirTrJles and undthtyro ctssuffptwjns ￿e revi8v￿ on on ongdrvJ txjus. Revi5KJn5 to occounhng estimate5
ore reCogn￿d in the pericxy in wh￿h the eshmate 15 revised where the revision offects onty 1hrJt pfj￿. or n Ihe
perio¢J of the rewsion and ftjture period5 wh8re th& revNon afFects bolh cwent ond future period5.
12-

Burwell Museum Trust
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income trom donallom and legades
fund¥
fvnds
Donotiorts arKI glts
Grants
12,013
1.639
13,013
1.639
lund¥
funds
2023
Sob of goods
16.417
I6￿￿3
13-

Burwell Museum Trusl
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
2023
staff costs
DeprecK)tw ond n)porment
Purchases
Educolional mat￿la
Event Costs
1.123
13,515
9.033
240
6.378
11.420
2,570
2.113
k ij
Water rate5
In5kJranc9
ght and haal
Repair5 and maIntena￿e
Printing. posloge stOK)n
Telephong
C<)nsultoncy
General expenses
Svbsctfjptions
298
3,947
3.113
12.125
3.657
5.611
18.069
875
960
1,352
793
1.219
47,848
56.186
Shar• of svpwl and (w• nol• 6)
Govemance
1.386
49,128
57,572
An¢ty¥ls byfund
Unreslricled funds
Restricted lunds
22.637
26,491
43.15S
14,417
49.128
57A72
2023
Govemance costs
Analy￿ b•lwtt
Museum
1.386
14-

Burwell Museum Trusl
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
N•t mov•m•nt kn fvnds
The nel movement in fvnds Li sloled oftercltsgrollue(IllrKJl:
Fees p<ryab￿ fulhe kKlependent excmkn1l￿ of Ihe Cts￿s fThJncial
stotemenls
Depfecialion of owned tangble ftted ossets
11,420
13.515
None of Twstses Itx orry persons conrthed Iheml receNed any rernunwthn ￿ benefits from the
charity duriro the yeor.
Employe
The average monthty number of empbyees ye(rwa
Numb•T
Number
Total
Wage5 and solor￿S
1,123
The remunerolion ol key rnanagemenl personr*l was £Thl.
10 Taxallon
The charity is exempt from loxolb)n on 115 OCtivIl￿ bec(AJse al its income 15 q)pled ftyclKwfjtokJe purposes.
15-

Burwell Museum Trust
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
11 Tangble ftxod au•ts
At l JarMJary 2024
276.7YJ
rJ7.1&)
127,691
641564
At 31 Decemb¢r 2Y24
276.723
YJ7.IXI
127,691
641.564
At l Jonuory 2r24
DeFy0C￿l￿n ch¢Jged in the ye
33&7
1764
58.128
2369
I￿2.590
6.287
194,285
11.420
Al 31 Decembw3Y24
36.￿1
liJ.497
108,877
205.71)5
At 31 December %Y24
240.3f2
176,6S3
18A14
435,859
At 31 Decembw 2023
243.156
179.ry22
25.101
447,279
12 Stocks
Anishgd goods and goods lor reso
13 Debtty*
Amvunts falhy due T•llth on• y•w.
Prepayments and accn*d wK¢Jn
942
14 thedltcn: om¢unls lalng wlltrkn on• y•ty
Trade creditors
Accruats and deferred Inco
1.241
2,471
16-

Burwell Museum Trusl
NOTES TO THE FINANCIAL STATEMENfs (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
15 R•sllcl•d IWKIS
The reslrf¢ted funds of tho charify compw the unewded batsjnces of d￿tIllonS and ￿nts hekj on Iwst
subject to speclfic conditions by don￿ a5 lo trK)wthey may bg us¢d.
Trankn
At31
ColèclSon fvnd
Restoration fvjnd
Lecjsehold bull éings
oehold t**lings
other buildings and equiprnènt
21,296
12.2101
19,086
25
176.653
240.393
5.957
179.Q
243.157
25.105
12.3691
12.7641
119.148
126.4911
442.114
AtlJ(w
R•sowc•s
At31
Couection fund
Restoration fvrKJ
LeC￿ehold tx)ikl
Freehold buHding5
Other buildings and equ￿ThnI
22.198
21.296
181.391
37.316
5,897
123691
12,7641
18x21
179.W
243.157
25,105
27.590
114.4171
36.195
16 uN•lfv￿ fvnds
The Un￿1rfCted fvnds of Ihe charity comF¥ke vrwpeThJed b(*mces of donalK)ns and gront5 wtrNch are rKJt
subjecl lo specffic conditions by donw and gantcrf$ 0$ to how Ihey may be used. These include deslgnated
funds wtuch have bgen set os*de our ot uNeslricled lunds by Ihg tru51ees lorspecffic purpose5.
At l jttnu￿y
Incomlng Re￿￿CeS
At31
D•cemb¢r2024
Ggnwol funds
2225
29A
1216371
9.018
At31
Decemb•r2023
Gen8rol funds
&3J&3
18.192
143.1551
136,1951
2.Y25
17-

Burwell Museum Trust
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
17 Analysts ol net a¥sel¥ belwem lun
knids
l¥nds
At 31 l>¢¢•mb•r20X'
TOng￿le assets
Current 055etsiifKJblti951
435.&59
435.859
15.273
9.018
9.018
442,114
451.132
Total
nds
fvn
Al 31 De¢•mbw 2023:
Tongible <wts
Ctrrent oss&tsiifiabltiesl
447.279
21 a26
447.279
23.$51
2225
222S
470,8
18 Rekrtod pthtrorrfaclkns
Thwe were no disclosoble related prjrly Ironsaclions the ys(r IW23. non81.
18-