2023-03-31-accounts - The Museum Of Richmond

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

MUSEUM	MUSEUM	PREMISES AND	PREMISES AND	PREMISES AND	The Old Town Hall
REGISTERED OFFICE					Whittaker Avenue
					Richmond, Surrey
					TW9 1TP
					Website: www. museumofrichmond.				corn
COMPANY		REGISTRATION			02048888
NUMBER
REGISTERED CHARITY				NUMBER	295164
ROYAL PATRON					HRH Princess Alexandra
PATRONS					Anita Anand
					Sir David Attenborough		OM
					Ann Chapman-Daniel
					Greville Dare
					Julian Lord Fellowes
					Lady Annabel Goldsmith
					The Lord Watson of Richmond			CBE
DIRECTORS					Ms H Clarke (chair)
					Ms A Attelsey
					Mrs R Barling
					Ms A Chapman-Daniel	(appointed			5December)
					Ms R Christie
					Mr D Feeney
					Ms S Lap
					The Lord Lee ofTrafford		DL
					Ms N Mann (appointed	5 December)
					Mr BMay
					Mr B Phillips (resigned	5 December)
					Mr C Preston
HON.	SECRETARY				Mr B Phillips (to 5 December, vacant at year end)
CURATOR					Ms L Irwin BA (Hone) MSt
THE	MUSEUM		OF	RICHMOND	Trustees:
TRUST					Ms R Christie —Chair
					Mr P Cregeen
					Ms SGoodsir
INDEPENDENT			EXAMINER		Mr A Demby FCCA
BANKERS					CAF Bank Ltd
					Nationwide Building Society (deposit account)
					Virgin Money (deposit account)

Descri		tion						Mitt ation/Action
Dependence on income sources								A grant has been secured from		the		local council		for
								2023/24. Continue close contact with			the council through
								re resentatives on the board.
Shortfall		on fundraising						Fundraising kept under	constant			review	by	the
								Fundraising and Marketing	Group.	Curator to			seek	new
								fundraisin o ortunities.
Reduced		space and resources						Continue to work closely	with the council regarding					the
Future	of Old Town			Hall	unknown		and	provision ofa space for the museum.
lease due for renewal				in 2023
Shorffall		in grants	for	exhibitions		due to		Continue to seek funding	for new	exhibitions			and	use
changing		funding	priorities					funds provided by the Benefactors			Circle to		meet	any
								shorffall. Take this into	consideration			when	planning
								future exhibitions

					Year Ended	Year Ended
					31sMarch	31"March
					2023	2022
					E	6
Net cash inflow from operating		activities			4,178	12,952
Change in cash and cash	equivalents		in	reporting
period					4,178	12,952
Cash and cash equivalents	at the	beginning		ofthe
reporting period					114,830	101,878
Cash and cash equivalents	at the end		of	the
reporting period					119000	114,830
Reconciliation of net movement		in funds		to net
cash flow from operating	activities				693	23,449
(Decrease)/Increase in debtors					4,085	(2,245)
(Decrease)/Increase in creditors					(600)	(8,252)
Net cash used in operating	activities				4,178	12,952

				Unrestricted		Restricted funds	Designated		Total funds
				funds	f	6	funds		2023 F
LBRUT grant					0	80,000		0	80,000
Poppy Factory exhibition		grants			0	5,000		0	5,000
Artificial Silk exhibition					0	625		0	625
Covid-19 Support Grant RPLC ' learning grant and donations MDO ' audience development grant				6,000 0 0		0 951 400		0 0 0	6,000 951 400
Kickstart scheme					0	7,148		0	7,148
AIM' Collections grant					0	1,410		0	1,410
General donations				3,248		0		0	3,248
Benefactors Circle				7,495		0		0	7,495
Gift Aid claimed				1,871		0		0	1,871
Total				18	614	95534		0	114148
he breakdown for 2022 is shown below:
				Unrestricted		Restricted funds	Designated		Total funds
				funds			funds		2022
							6		6
LBRUT grant					0	80,000	0		80,000
Orange Tree exhibition		grants			0	2,402	0		2,402
King's Observatory	exhibition				0	150	0		150
Covid-19 Support Grant				38,393		0	0		38,393
RPLC learning grant					0	3,024	0		3,024
MDO audience development			grant		0	3,600	0		3,600
Kickstart scheme					0	5,000	0		5,000
JRSfurlough					0	1,409	0		1,409
Other grants and donations					0	0	0		0
General donations				3,802		0	0		3,802
Benefactors Circle				8,790		0	0		8,790
Gift Aid claimed					1,473	0	0		1,473
Total				52,458		95,585			148,043

		Unrestricted funds 2023	Total funds 2023	Unrestricted funds 2022	Total funds 2022
		6	F	6	6
Talks and events		4,362	4,362	3,177	3,177
Legacies		0	0	0	0
6ubscriptions		696	696	803	803
Educational	activities	5,706	5,706	5,588	5,588
HMRC Tax Relief		3,780	3,780	5,668	5,668
Other income		2,199	2,199	1,605	1,605
		16,743	16,743	16,841	16,841