GODALMING MUSEUM 7RU5r IA Compny Umltsd byGu•rnnt•el REPORT AIIO VNAUDITEO FINAIICIAL STATEMENTS FOR THE YEAR ENDED 31 M¥th 2024 ComnY Reqlstered No. 1968010
GODALMING MUSEUMTRUST IA Company Llmlted by Guarantee) (Cornpany Re8iStered Number 19680101 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 March 2024 The Trustee5 present their Report and the Flnanclal Statements forthè yèarended 31 March 2024. CONSTITUTION AND PRINapALAcfiviTY Godalmlng Museum is a cornpany limited by guarantee Imernorandum of Association dated 4 Novernber 19851 and is è reglstered charity. The prlnclpal activity of the Company is the provision of museum facilities in Godalming for the public bÈnèfit. TRUSTEESANO DIREcroRs: The Directors at the fid of the year under review were.. A J Batt. OBE. MA, FSA (Chairman) W M H Edwards, MA Lady Forbes M R Goodridge, MBE, LL8 IVic• Chaim)anl Mrs M E Heath-Bullock Rt Hon Jerèmy Hun¢ MA, MP A Kelly, FCA M More-molyneux. HM Lord Lieutenant of Surrev A M Rosoman (Godalming Town Council Representative) C M I Smith MA Icharterhouse Representative) M L Steel FCA Tre•surer: A Kelly FG4 Re8istered Offltt: 109A High Street GedalMln8 Surrey, GU7 IAQ Independent Examlner: P J 05kme, FCA 7 Oak5 Lan• Bookham Surrey KT23 3FD BaTrker>" HSBC Bank PIC
GODALMING MUSEUM TRusr {A Company Llmlted by Guarantee) (Company Re8iStered Number 19680101 REPORTOF THE TRUSTEES FOR THE YEAR ENDED 31 March 2024 Re8htered Charfty No: 292155 credlted Myseum No: 255 Redlew of Perforniance. Prwess and A¢hlevements 2023- 2024 Introdurtion This yearlApril 2023-March 20241 wè hève focussed ¢n consolidating thè work from the previous year,. building our visitor numbers, tesponding to feedback, trialling new produ¢ts and actwities, and expanding our 5¢haols offer. We have beèn delighted to sè• a large increase in visltor nuMr5, and a Markable iner•ase in shop profits. After trlallin8 Sunday onIng for 12 months. we took the detlsion to close on Sundays due to low f<tfall and difficultie5 in recruiting vdunteer5 for desk and steward shifts. The Museum'5 opening hours ère now Tuesd3V to Saturday. 10am to 4pm ?11 year round. We feel this gives visitors and volunteers greater clarity and minimises tonfusion due to seasonal changes. We aregrdtefvl toGodalmin£ Town Countil forallowing u5 to rtain our Sundav SuFer¥isor in a new role of Museum Assistsnt. This has 8Nen u5 greatèr flexibility in staff cover which 15 Very welwme. The stsrt of 2024 saw the museum staff tum their minds to r•4pplying for Art5 Council Accreditation, a major undertakin8 that has, and will continue to. take up much of the Curatorfs time. We hope to submit in January 2025 and feceiv• news on our application by the summer. As a result of changes to the accreditation standard we have also begun the proc•ss of reviewing thè governance structure of Godalmlng Museum Trust and will update members on developments nxt y•ar. The TrLEStÈes wlsh to thank Goda1mlT0WTr Council. th• Friends and Patrons ofthe Museum. Corporate Sponsors, ourvolunt•ers. and other supporters for their wntlnuing help. Staffing Curator.. Rhiannon Jones Museum Support Mana8er.' Vivitn Ellis Museum A5slstsnt Ipreviously Sunday Supervisor).. Louise Roff Archivist.. Shirley Dixon (until December 20231 Education Intern-. Alix Stacey Ifrom November 20231 Cleaners.. RFK Cleaning Museum Archivist In Dècember 2023 OUT long-seNing Museum Ar¢hNist, Shirley Dfxon. Tetired. Shirley has been with the Museum for oveT 25 years and contributed to many important prolects during hèr time here. The indexlng and digit15ation of the Perty Woods Collectiofi was an enormou5 undertakin& whose bènefits researchèrs still feel today. Shirlerfs warm demeanour. impresswe knowledge. experience, and skills We a huge hèlp to all who had the pleasure of meeting her at the Mu5Èum. We wish her all the best forthe future. Educ*ion Intern In September2023 wewere successful in our?pplicatSon for a First stèps grant administered by South East Museum Development ISEMDI funded by Art Fund. The grant of £3,000 has enabled us tts employ an Education Intern fora period of 4 months. Overseèn by the Curator the Education Intern has been reviewing the eontent of school loan boxe5 and workshop5, building relationships with local schools and community groLtps. developing new loan box content, and 5UPPOrting the delwery of educational. Due to the success of the internship. and the need for addStional resour whilst preparing for re-3c¢reditatioD, Godèlmin¥ Museum Trust has extended the Intsrn's contract until September 2024.
GODALMING MUSWM TRUST (Acompany Llmlted by Guarantee) (Company Re8iStered Number 19680101 PORT OF THETRusfEES FOR THE YEAR ENDED 31 Marth 2024 Icontlnuedl Review of Performance, Progress and Athievements 2023- 2024 l¢ontinuedl Vtsltor Numbers We are delighted to say that thls yèar (April 2023-March 20241 we have weltomed 13,380 people to the Museym, thi5 is an increase of 14% on last yearfs figure of 11,766. We are very pleased with this improvement and hope to continue to grow tht numberof Visito nèxt year. The total numberof museum"ysers" is b¥oken down as follows.. Artlv Schools Loan Boxes Talk5 & Events Youth Inot schooll Coffee Club Volunteervislts Library enquiries Museum visitors User Numbers 603 1,097 69 120 1,250 215 9.542 Total 13380 Educatlon & Outreath Wè have had a su¢cessful y•ar in tem15 of Education and OLrtreach. We welcomed 603 school visitors to thè Museum for educational workshops covering a range of topics including Jaek Phillips, Gertrude Jekyll, and Godalmin<s Industrial history. Additionally, 1,097 school children have engaged with our loan boxes. the most popular being Jack Phllllps and the Titanic. Toys from the Past. The Saxons, and Roman Lrfe. We continue to receive excellent feèdback about our edLKation offor, wlth teacher5 and students cornmenting on our relaxed and fri•ndly approach, and the quality of thé actlvities on offer. We wouldn't be able to run th• workshops with the support of our volunteer 5esslon leaders, and we are Incredibly grateful for their cortinued support. This yearwe have seèn increased demand for informal education sessions for community groups such a5 Ralnbows. Beavers. Scouts, and Brownies. We have developed a unique offer for these groups which sits alongside but doÈs not duplicate the school curriculum. This"Grnesome Godalming. trall has been well received by all aRes. In May 2023 the Curator joined the University of Surrews Widening Partieipation & Outreach team to deliver creative writing object-handlinB session in HMP DownviÈw - a women's prison and younR-offender institute in Surrey-to brrng museum learning tQ U5ersdeprived of cultural opptsrtunities. Working with thesevijlnerdble ad¢JltS was an incredibly rewarding experience and provided an inslght into the thèraptLrtic potential af rnuseum colledlons. The Museum'5 monthly Coffee Club for adults livinR Wlth dementia, neurologi1 conditions, and mernory issues. continues to go from strength io strenoh. Led by an experienced volunteer. Sue Kings, the Coffee Club offers relaxed and friend environment in whith members can share memories from Godalming's past and engage with our objects and display5.
GODALMING MUSEUM TRUST IA Company Llmitsd by Guarantee) (Company Registered Number 19680101 REPORT OFTHE TRUSTEE5 FOR THE YEAR ENDED 31 Marth 2024 Icontinuedl Rtrdièw of Perfomiance. Pro8ress and Athle¥emerts 2023- 2024 Icontinuedl Volunteers We Currently have 32 Volunteers, 10 throughoutthe Museum 5pecrfle roles and 22 front of hous of which 7 are new. We have lost qu¢te a fÈw due to retirnet and ill health. Recruitment is very difficult across the volunte•r sectorwiththe retirementage havin8 risen, costol living and8randparent dutles. It has become incrèasinglydifflcult to cover both desk and steward roles throughout the week. By Wiv Ellis Shop In March 2023, after many years of dedication, Mary Pagan and Felicity Woods stepped down from their roles of Voluntser Shop Managers. having offered thèirtime and energy for several decades. The management wa5 taken on by the Museum's Volunteer Support Manaeer, who has exte#sive experience in the retsil sector. The shop now stocks many fairtrade. rerycled and repurposed goods which sell steadily throughoLrt the year, New Tote bags and mugs h4vè Len commissioned along with watercolours by a local èrtlst. And a permanent rotsting exhibition from the Surrey Guild of Arts and crafts for which we received a commission. Charity Christmas cards were also bought In linstead of using Cards for Go¢)d Cause51 along with an •xtensi¥e Christmas offer which proved vèry successfvl. On the whole a very $ceSsl year with gross sales of £21,501 de5Plte investin8 in new Trngès and chan£in8 the ffer. a profit of£lQ,363 was made. Christmas sa5 alone w•re Gross £7.500.00 By Viv Ellls Collertions A statuette of G. F. Watts has been conserved by a professional conservator with funds provided by the Trust in memory of Alison Pattison. It is now on display in the Lutyens & J•kyll GaIry. We continue to receive manv generous donations of fascinatin8 obierts from the public. This year we have a¢pted over 3C(I new object donatlons and lookforward to sharlng them wlth our visitor5. We continue towork on the-dats cleanlng" nèeded to upgrade our current collections manaBement soare to a wed-based version. The new vèrsion will make it easièr for us to catslc8ue ourcoll•ctlons. with a lorvd-term aim of making some of them searchable on our w*bse. Garden Whilst tiled garden Refurbishment 2024, the refurbishment really started in eady spring 2022, followirng the tatastrophic infèstation of Box Blight in late 5ummer2020, which decimated the box hedge. Afterconsultation with RHS Wisley. and others it was decided to replace the Box Hedge with a Yew hedgè. offering compatibility with thè Topiary Peacocks. The hedges are now starting to mature nicelv. The museum garden was first planted in 1987 and has been refurbished in 2004, 2010 and 2015. Slnce taking on the responsibility formaintaininB the garden I have becom?very aware that ? few plants were becoming over larye and dominant in tne rèlativoly small border5 of th• museum 8arrien.
GODALMING MUSEUM TRUST IAComp•w Llmltsd by Guarantee) (Company Re8lstered Number 19680101 REPORT OF THETRUSTEES FOR THE YEAR ENDED 31 March 2024 Icontlnuedl Review of Performance, Prc8ress and Ath1eVemts 2023-2024 (continued} Garden Icontlnued) After raislng the issue with Alan Bott and Rhiannon Jones that it wa5 oveftlue that we should relurbish the garden whilst still maintaining the Planti of Gertrude Jekyll. We had a meeting where I propos some of the plants I would Itke ta rèmove. I then lookèd through the Museum archive recofds of plants that Gertrude listed In her many garden plans and put togethtr a list of plants that I woukl select from, 3nd the purchase, subjert to availability and would instvdate the r•furbishment from spring 2024. Arrangements were made forGodalmin8 Town Council gardeners to removè 2 of the lar8e5t plants., Arbutus unedo IStrawberryTreeland Ilex IHollyTreel in spring 2024.1 then removed a Chotsyu tenato andPorthenoci55us henryontl (Chinese Virginia Creeper, sllver vein). The spacesthatthe removalof these large plants has enabled meto plant 12 nèw plants in their placè. Th• objective is to continue with Gertrude Jekvll's plant selection whilst trying to provlde a year-round interest and colour in th• garden. The plants I have choseTh, the majority are plants that have been re-introduced from earlier plantings and a few from Gertrude lekyll's 8ard•n plans. It will take a year or two for these plants to mature and develop and complement the existlng plants. The new plants arè: R(beCkla Fulgido "Goldstrum" Hyrdrongeo ~Preziosu" Potentillo megalqntha Docentro Spedubilis -olbu" Pink & whlte variety Achillio (Yorrowj Geronium Sun¢uinum-Glen Luce" Wieigelo {Pinkl Jasrninium (yellow leafed vorietyj Ceonothis (climber. rep1¢7anq Porthehenoclssus henryonaj Phlox to cgmplement the white Phloxulreody wellestublished in the qorden) Veboscum "Cotswold Queen" Aster ByRoy Chonnon Website In lune 2023 we launched gur new website Iwww. odalmin museum.co.uk The new websitè Wa5 developed in ho*Jse using Squarespace and enables us to share and update information qui¢kly and easily without the neéd for programming skills. At a cost of less than £250 per year. and zero developmènt cost. we are very pleased with the valuefor rnonèyas well as the ease of use. Ourwebsite ha5 rÈtèived over I3,(0 uniquè visitors this financial year. The vast majority of website hrts (around 12,CKJOI came from Surrey and the South East. plus around 900 from the USA and Canada.
GODALMING MUSEUM TRUST (A Company Llmlted by Guarantee) (Company Re8lstered Number 19680101 REPORT OF THE TRUSTEES FOR THEYEAR ENDED 31 Marth 2024 Icontlnyedl Revtew of Flnanclal A¢tivitles and Results 2023- 2024 l¢ontlnuedl Fundra551ng Mjoaub The 100 Club started on I Septemr 2021, and we tt•mpleted the first yèar at the end of August 2022. At the E*8innin& w• had 18 members- this grew to 20 by the end ofthe first year. Members pay £120 per year wrtleket, and 3 £50 prize is drawn on about the first of each month. For 11 months, then on thè 12th month up to7 draws take place to ensur• that 50% of the prize money goes back to the members. Currently we have only 12 members holdifig 16 tickets. The I( Club offers the Trust an opportunlty to r4is¢ fund5 Wlth minimal effort and expense. Therefort Investin8 more time and energy in marketing the Club to new members in the next financlal year needs to be a priority. By WivEIIis Frfends In the membership ar 2023-24 therè were 215 friends register•d of which 103 were 'life memter5'. Thè great majority of the 112 other memr$ hav• pald theirsuhuiptions for 2023-24. The curnt year's subscription5, relevant from 6 April 2024. arè only now teginning to come in and register OTr the bank statements so the number of current members and the totals of subscription income are by neossity gross inaccurate. More accurate information wtll onty be available after next month's bank ststements have been received. ByDuvidFrqnkcom Events lune 2023- Summer Expedition to Chart•rhouse, London 5•ptember 2023- Heritage Open Day5. The Museum supported the Heritage OFen Days èvents or£anised by Godalming Trust. handling the ticketir8 forthose properties whère numbers were restrided. Septtmber 2023- Heritage Open Day talks by Mandy Le8oLrtillier. Jack Phillips: Postcards from Home November 2023- Friend5 Autumn Reception November 2023 - Lecture by Andy J•ffery, Memènto Mori.. The 8urfals of Godalmin& Fatl Myth, and Superstition NovernEer 2023-Godalming's Oay of Peace, in collaboration with the Mayorof Godalming CllrAdam Duce and the University of 5urreVs Widenlng Participation & Outreach Team February 2024- Lecture by Hilary Underwo¢)d. George and Mary Watts in Cornpton
GODALMING MUSWM TRUST IACcwnpany Llmlted by Gyaranteel Ictynpany Reglstered Number 19th)10) RepoRT OFTHETRUSTEES FOR THE YEAR ENDED 31 Mwch 2024 Icontlnuedl RevTrew of Financlal Arttvltles and Results 2023-2024 Icontinuedl Exhlbltlons MarchlApril 2023- Rob Heanlèy. Art Exhibition April 2023- Emma Tomlinson, Local Towns and LandscaFes May 2023- What Nèxt? Our Other Mother Juneljuly 2023- Broadwater and Charterhouse Schools, Art Exhibrtion July 2023- Godalming Photographic Club, Annual Exhibition AUSt/SePternr 2023- Underthe Sea Exhlbltion September/October 2023- Milford Artist's Exhibitlgn Odob&rl November 2023-Gill Deny•r, Connertion5 January 2024- Out of the Archivés Exhibition February 2024-Charterhouse Art & Textiles Takeovef March 2024~The National Trust, A Glimpse erthe Garden Wall Revlew of FSnanclal A¢tlvltles Results Durlng the year a deficit on Unrestricted Fund5 of £9,638 was recorded,. in addition w• wntinued to invest in th• fIrtU of the Museum by way of gallery and general msjseum improvements and redecorations. Overall our aswt base remains stron8 Wlth total net assets of £230,510 a5 at 31 March 2024. The Trustees are very aware ofthe need to expand how we g•nerate funds internally and are determined to ensur• that we at least break even in the coming years. AJ80 Chairman of the Trustee$ Date-.....
GODALMING MUSEUM TRUST STATEMENT OF FINANCIAL AcfiviTIES {In¢orporatlng Intome and Empendlture At¢ountl FOR THE YEAR EMDED 31 Marth 2024 Genernl Funds Re5trirted Funds Totsl 2024 INCOME Grants and donations Income from charitable activiti Intome from other trading actltieS Investn*nt income 4,433 6,628 21,501 6,179 3.)0 7,433 6.628 21,501 6,179 Trtal kncome 38,741 41,741 EXPENDITURE Expendfcure on charftable activities Project expenditure 48,379 48.379 15,317 15.317 Totsl expendlture 48,379 15,317 63,696 Net expendlture before1055 on invesknents and transfers between funds Realised profit on investments Unrealised surplus on invÈ5tmÈnts Transfers betyjeen funds 19.6381 27 112.3171 121,9551 27 3,488 14,0881 Net defidtforthe year 110,2111 18.2291 118,4401 Reconclllatlon of fvnd$ Total funds brought forward 223.421 25,529 248,950 Total lunds carrled forward 213,210 17.300 230,510
GODALMING MUSEUM TRUST STATEMETr OF FINANCLAL AcnvrriES Ilncorporatlng Income and ExpendltureA¢count) FOR THE YEAR ENDED 31 MARCH 2022 Genernl Fund5 Re5tr1rted Funds Total 2023 INCOME Legacies Grants and donations Income fron charitablo actiwties Income from other trading activitie5 Investment income 149.549 4,558 7.562 14,374 3.694 149.549 8.975 7.562 14.374 4.417 Totsl Income 179.737 4,417 184.154 EXPENDITURE Expenditure on chafitsblè artivlti•s Projert expenditu 39.072 34.568 39,072 37,568 Total expenditure 73,640 76,640 Net Income before10ss on Imiestsnents and translers between funds Unreallsed loss on investments Transf•rs beeen funds 106.097 13,6251 1,417 1,417 107.514 13,6251 11.4171 Net surplus forthe year 103.889 103.889 Re¢onclllatlon of funds Total fvnds brought forward 119,532 25,529 145,061 Total funds carrfed forward 223,421 25.529 248,950
GODALMING MUSEUM TRUST (Company Reglstered Number 19680101 BALANCE SHEET AT 31 March 2024 Notes 2024 2023 FIXED ASSErs Investments 194,349 91,980 CURRENT ASSErs Shop stocks 8.828 7,031 Debtors: Income tax recoverable Prepayments 813 1.647 703 1,577 2.460 2,280 Cash at bank and In hand: Savings account Current zttount Shop bank account Cash in hand 14,348 5.943 6.914 795 86,118 78.211 6.418 498 28.Th)0 171.245 39,288 180,556 CREDITORS: Amountslalllng due within one year. Cr•ditors and accrua15 3,127 23,586 NET CURREwf ASSETS 36.161 156,970 TOTAL ASSETS LESS CURRENT LIA8IUTIES 230.510 248.950 Represented by= FUNDS Unrestricted General Fund Restricted Funds 213.210 17,300 223,421 25,529 230,510 248,950 10
GODALMING MUSEUM TRUST (Company Reglstered 14umber 19680101 BALANCE SHEAT 31 Mar¢h 2024 Icontinuedl Forthe year ending 31 March 2024the Company was entitled to exemption from audit undersection 477 of th• Companie$ Act 2(Tr)6. No notice has been dep05ited underS•ction 476 of the CompaniesArt 2006 irb rèlats.on to its financial statements forthe year. The Trustèes acknowledge thè rÈsponsibilitie5 for complying with the requirem•nts of the Companie5 Act 2rx16 with resped to att¢)unting records and thè preparation of accounts. The ff nancial statemtnts have been preparèd In accordan wlth the provisior*s of Part 15 of the Companies Act 2006 relating to small companies. Approved on behalf of theTrustees on......... AJBO A KELLY 11
GODALMING MUSEUM TRUST NOTESTOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 Marth 2024 ACCOUNTING POLICIES The principal accounting policies adopted. judg•ments and key souttes of estimation uncertainty in the preparatlon of the financial statements are as follows: al Basis of preparation The financial statements have been prepared in accordanc• wlth Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charitits preparin8 theiraccounts in accordance wtth the Flnancial Repgrting 5tandafd applicable in th• UK and Republic of Ireland IFRS 1021 leffectlve I january 20151 Icharities SORP IFRS 10211, the Financial R•portin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Godalming Museum Trust mtèts the definition of a public benefit entity und•r FRS 102. Assets and Ilabilities are initially r¢cgnised at hi51orital cost or transaction valuè unless otherwisè stat•d in the r•levant accounting poltcy notes. bl Goin4 concern The accounts have been prepared on the going concem basis. Foll¢)wing the receipt of le8acies duringthe v•artheTrustees art confident that this basls is appropriate. cl Incom• Income is recognisedwhen thè charSty has entitlementtothefunds, any Férformanceconditions attathed to the itemlsl of income have been met, it 15 probable that th income will be receNd and the amount can be mÈasurnd reliably. dl Interest receivable Interest on funds h•ld on dep051t is inclLk4ed when Ceivablè and the amount can be mèasured reliably th• tharity; this is normally upon notification otthè interest paid or payablé by the bank. el Fund accounting Unrestrletèd funds are available to Snd on activities that furth•r any of the Pu050$ of charity. Restricted fvnds aré d¢)nations which the donor has specified are to be solely used for particular ar•as of the Twsf s work. ExFenditure and irr•coverable VAT ExFenditure is recrfnis8d once there is a legal or constructive obligati¢)n to make a payment to a thlrd p3rty, It is probable that settlement wlll be required and th• amount of the OlIatIon can be measured reliably. 81 Stock Stock is included at the lower of c05t or net alisable valL. h) Debtors Debtors arè retognised at the settlement amount due. Preptym•nts are valued at the amount prepaid. 12
GODALMING MUSEUM TRusr NOTES TO THE FINANCIAL STATEMEP FOR THE YEAR ENDED 31 March 2024 Icontinuedl ACCOUNllNG POLICIES Icontlnuedl il Cash at bènk and in hand Cash at bank and cash in hand includescash and shortt•rm hhlY liquid invèstmènts wf(h a short matyrity of three rnonths or less from the date of acquisition oropening of the dtpjsit or similar account. jl Credltors and provisions Creditors and provision5 are recc%ni5ed where the charity has a present obli8ation resulting from a past èvent that will probably resuft in the transfer of fLtnds to a third pattr and the amount due to settle the obligation can be measured or estimated reliab. Cr¥ditors and pro¥isions aro normally reco8nised ai their settlement amount. kl Financia5 instruments The trust only has fin?ncial assets and flnanclal liabilitie5 of a kind that qualify as basic financial Instruments. Basic financial Instruments are initially recognlsed at transartion value and subsequentlv measured at th¢irsÈttlementvalue. LeGAL ATUs OFThETRUST The Trust is a company Ilmf(ed by gUatee and has no share capstal. In the event of the charity teing wound up, the liablllty In respect of the guarantee 5$ limited to £1 Fer membèr of the charity. INCOME FROM CHARrrABLE AcllvTrTIES Unrestrlcted Funds 2024 Unrestrirted Funds 2023 Friend5, 5ubserfptions Fundraising events Educational, group vlslts and loan boxes Corporate donation5 100 Club surplu5 Sundry ineome 3,137 401 785 1,250 975 2.932 916 322 1.750 1,592 50 6,62B 7.562 INCOME FROM OThER TRADING AcllviTIES UnrestrirtÈd Funds 2024 Urtrestrltted Funds 2023 Shop. exhibition and refreshment sales 21.501 14,374 13
GODALMING MUSEUM TRusr NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 Marth 2024 Iconlinuedl EXPENDITURE ON CHAR ThABLE ACTWMES Unrestrirted Funds Unrestricted Funds 2023 Shop purchases and payments to exhibitors Reftt Utilitiès, t•l•phone and internet Archlving. catsloguing and consèrvation Repair5, maiTrtènance and security Insurance Cleaning, waste disp1 and 8arden cost5 Computer costs Publicity and newsletter Other expenses Govèrnance costs- independent eMaminerf5 fee Museum running ¢0sts Parking Trust administration 11,138 6.921 8,307 2.502 1.958 960 4.235 363 692 3.202 500 4,611 507 2,483 6.862 6,825 8,037 2,562 1.748 960 6,407 331 903 1,159 673 1,920 186 499 48,379 39.072 INVESTMENTS 2024 2023 Schroders Charity Equity Value FLtnd 3527.8346 units 55.458 51.647 Cazenove Charity Responsi• Multi A55et Fund 10,891 9,833 IF5L CAF Fixed Interest B F¢Jnd 14,763 L & G Equitrak Fund 15.737 Market Value as at 31 March 2024 66,349 91,980 COIF Charitie5 Deposit Fund 128,000 194.349 91,980 OCKS 2024 2023 Stock5 for resale 8,818 7,031 14
¥1
GODALMING MUSEUM TRU NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 31 Marth 2024 IcontiTruedl TRUSTEES. REMUNERATION AND EXPENSES No remuneration was paid to any of th• Trustees ngr are any expenses rtimbursed to them fortheir s•tv15 to thèTrust during the year12023- None). io. RELATED PARTYTRANSAclloNS There werè no related party trdnsactions durlng thè yèar12023-Nill. ii. ANALYSIS OF ASSEfs BEfwEEN FUNDS Net Current Assets Inve5knents Totsl Restricted Funds lsee note 81 Vnr•stricted Funds 10,891 183.458 17.300 213,210 29,752 194.349 36.161 230.510 16
INDepÉNDENT EXAMINER'S REPORTTO THETRUSTEES OF GODALMING MUSEUM TRUST I rerort on thè accounts of the Chority fortheyear ehded 31 Mar¢h 2024which a set oOn pages 5 to 13. Respe¢tive resptyb5iblllttes ofTrustees and Examiner The charitys Trtte$ consider that an aLKltt 15 not ruld for thi5 year ULMler sectK)n 144(21 of the Charitie5 Att 2011 Ithe 2011 Artl and that an independerFt e¥amination is needed. Hè¥inE Satisfied rnyselfthatthe charity is Mtsubject toaLk4it undercompany law [5 eligiNefvr¢ftdependeat examiTratbon it 15 my spOnSIbl11ty1O'. ekamine the èccovnts undef section 145 of the 2011 Ptt.. follow the wocedvre5 laid down ITr thegeryral Directi5 the Charity Comrnis5ion¢r under sectton 14515Mbl of the 2011 Act.. and state whethe¥ parttcJlar matters have myattet)tion. Basi$ of Independentexaminerfs repLWt My examination carried out in accordancewith thegeneral DireCn5 given by the Charity Commi55iffi. An examination includes a re¥W of the accounting records kept bv the charity and a compari59n of the accouTrts presentÈd with those records. Itajso includes consideration of arry unus1 Items or di5closure5 in the accounts. and the Seeki ofexpiinatlOll5 you a5 trytee5 corKernin8 3Try sKh ft*tters_ The pcedureS undertaken do not provide 311 the evidence that woukl be required in an aLkJit and consequently no opinion 15 given as t whether the accouhts present a "true and faiT Vi, and the ptrt is lirnited to those matters set out in the statemÈnt belth¥. IndependeJte¥amlnerfs statrment I have completed my Exarninattoll. I confirm that no matt¢r5 havecomÈ to my attentton in connertion with the eKamin?tion siving me cause to believe that in any rnaterial re5pecL ccwnting recordswere not k•pttn re5pert ofihe company•5 required bvsection 386ofthe 2(K)6 ACL or the aceounts do not accord wrth those records- or theaccounts rlo notcomplywith theaccouni1n8reqlernethtsof sectioll 396 of thè21K>6 Actotherthan any re9uirernent that the atcoitnts glve a'truÈ amd fasrviev/ whKh i% hot a nHtter considered 4$ part crf any independentexaminatiDn,-or the accounts have not bee• prepared in accordance with the methods and princip$ of the Statement of Recommenéed Prartiee for ac¢cwnting and rEportin8 tr4 charities applicable to chorities preparing theiraccoursts in aceordance with the Finanerdl Re[tIng StarK4ard applKablE in the UKand Republicof IrEland IFR51021. I have no eo should be d cems alld havecomeacr055 noother matte5 ifi connertion with the examinationto which attention in this rep¢rt orderto enabit è properunderstanding of the attounts to be reached. $LMe FCA 7 Oaks Lane 8ookharn Surrey r23 3FD 17