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2023-03-31-accounts

expertise
in certain areas is seen as of increasing
importance —and initiatives
expertise
in certain areas is seen as of increasing
importance —and initiatives
to recruit for
these areas have been undertaken.
4.6 During the year, the Trust's Treasurer,
Ms Sophie Morley, sadly had to resign as a
Trustee and Treasurer
due to personal
reasons.
Mr David
Cracknell
stood
in as Treasurer
to complete the accounting
to the end ofthe financial year.
Mrs Emma
Elliott and Mrs
Barbara Blake were appointed
and confirmed as Trustees
by the Board.
4.7 The Trust's volunteers
continue to carry out responsibilities
for maintaining
the
Museum
premises
in conjunction
with Haringey
Council as
Landlord.
Volunteers
also carry
out regular maintenance
to the beam engine and its supporting
infrastructure.
4.8The Museum
is a Member (3835)ofthe Association
of
Independent
Museums,
and, as
such, is able to benefit from support
and guidance
provided
by that organisation.
The Trust
is a Member ofthe Lee Valley Heritage
Alliance,
and along
with other member heritage
sites, has continued
to support and promote the wider industrial
legacy ofthe
area to the
public. The Museum
has also registered
with the Industrial
Heritage
Network
(London).
The Museum
continues
to be a member ofthe local Friends of Markfield
Park
stakeholder
group, which has a role in monitoring
and co-ordinating
activities
in the surrounding
Park
area in conjunction
with Haringey
Council.
Forward
Planning:
4.9 During the current year, the Trust's Business Plan has been monitored
to
assess and
manage
progress.
4.10The Trust has prepared
a Forward
Plan to carry forward
its Business Plan
in 2023-24.
The includes:
~
Volunteer
training
~
Growing
our team ofVolunteers
~
Develop new partnerships
with Markfield
Project and
Walthamstow
Pumphouse
~
Grow our number
ofvisitors from 2500 to 2750
~
Aim to have two school visits during
the year
~
Continue
to get to know our audience
better by collecting feedback
~
Continue
to offer bookable children's
activities
~
Continue
to work to add additional
interactivity
to the
visitor experience using
cameras and screens
~
Improve access to our site for visitors
with disabilities
~
Support and work with London Glades, Friends of Markfield,
Haringey
Council and
other partners
on the improvements
to the community
garden to ensure the heritage
ofthe site is protected
and celebrated
and to maximize
the opportunity
the project
provides
~
Aim to maintain
our spend per visitor, and recover and grow the income
earned
through
hire
~
Work to increase our online donations
by introducing
a membership/
supporters
Scheme
~
Aim to generate
grants targeted
to help us obtain consultancy
support for feasibility
studies for capital works to expand our museum
and
improving
the wider heritage
site
~
Continue
to work to achieve Arts Council UK Museums
Accreditation
~
Maintain
and run our Engine and premises
safely.

dministrative
details
dministrative
details
Cor orate Trustees —names ofthe Trustees durin the eriod covered b this Re ort
Trustee name Position
Mr lan McLau
hlin
Trust Chair
Ms So hie Morle Trust Treasurer to Ma 2022
Mr David Cracknell Trust Treasurer from June 2022
Mr Alan Elliott
Mrs Barbara Blake from March 2023
Mrs Emma
Elliott
from March 2023
Mr Andrew
Lewis
Mr Abdullah
Seba
Ms Emma Stell
Mr Peter Clarke CIO Secreta
Signed on be half ofthe C hari
Signature(s)
Name(s) lan McLau hlin
Position Trustee Chair
Date

Balance Sheet
As at 31 March 2023
Current Assets
Stocks 1,380
Gash at Bank
Current Account 8,528
Reserve Account 17,189
Other receivables —cash in hand 194
Total 27,291
Current
Liabilities
Accruals
Total
Net Assets 27,291
Funds
Revaluation
Reserve
General
Funds
30,844
Profit {Loss) -5,127
Total Funds 25,717
income and Expenditure Account 2022-2023
As at 31 March 2023
Income
Visitor Donations 2,358
Other Donations 271
Sales 843 .
Gift Aid
Outreach
Activities
525
Project Income 4,000
Other Income 967
Reserve Account interest 147
Total Income 9,111
Profit (Loss) (5,127)
As at 31 March 2022
350
13,802
17,042
31,194
31,194
34,88S
-4,045
30,844
As at 31 March 2023
Expenditure
Rates 832
Electricity 819
Fuel Oil 2,501
Administration 75
IT 152
Engineering 828
Premises 213
Shop 346
Marketing 322
Public Liability Insurance 555
Boiler Insurance 133
Boiler Inspection 768
Display {IT)Project 3,411
ReSet Project 3,283
Total Expenditure 14,238