GODALMING MUSEUM 7RU5r
IA Compny Umltsd byGu•rnnt•el
REPORT AIIO VNAUDITEO FINAIICIAL STATEMENTS
FOR THE YEAR ENDED 31 M¥th 2024
Com￿nY 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 05k*me, 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 nuM￿r5, and a ￿Markable iner•ase in shop profits.
After trlallin8 Sunday o￿nIng 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 r*tain 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 n*xt y•ar.
The TrLEStÈes wlsh to thank Goda1ml￿T0WTr 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, neurologi￿1 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 reti￿rne￿t 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 L*en 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 $￿ceSs￿l 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 sa￿5 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 GaI￿ry. 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 so￿are 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*bs￿e.
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 Ath1eVem￿ts
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 Septem￿r 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 mem￿r$ hav• pald theirsuhuiptions for 2023-24.
The cur￿nt 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
A￿USt/SePtern￿r 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 act￿ltieS
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 be￿een 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 SHE￿AT 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 receN*d 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 S￿nd on activities that furth•r any of the Pu￿050$ 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 O￿lIatIon 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 h￿hlY 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 gUa￿￿tee 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 disp￿1 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•tv1￿5 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 o￿On pages 5 to 13.
Respe¢tive resptyb5iblllttes ofTrustees and Examiner
The charitys Tr￿tte$ consider that an aLKltt 15 not r￿ul￿d 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 Directi￿5 ￿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 DireC￿￿n5 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 unus￿1 Items or di5closure5 in the accounts.
and the Seeki￿ ofexpiinatlOll5 you a5 try￿tee5 corKernin8 3Try sKh ft*tters_ The p￿cedureS 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 theaccouni1n8req￿l￿ernethtsof 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.
$L￿Me FCA
7 Oaks Lane
8ookharn
Surrey
r23 3FD
17