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|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)|||||
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|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|||||||
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||||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|
|||||Notes|Funds|Funds|Total||
|||Income from|||||||
|||Donations
and Grants|||18,614|95,534|114,148||
|||Charitable
Activities|||16743|0|16|743|
||||||35357|95534|130|891|
|||Expenditure
on|||||||
|||Raising funds|||1,747|0|1,747||
|||Charitable
activities|||32,917|95,534|128,451||
||||||34664|95534|130|198|
|||Net income (expenditure)|||693|||693|
|||Total funds brought|forward||106,254|11,986|118,240||
|||Total funds carried|forward||106947|11986|118933||
|The|breakdown|for 2022 is shown below:|||||||
||||||Unrestricted|Restricted|||
|||||Notes|Funds|Funds|Total||
|||Income from|||||||
|||Donations
and Grants|||52,458|95,585|148,043||
|||Charitable
Activities|||16841|0|16|841|
||||||69299|95585|164|884|
|||Expenditure
on|||||||
|||Raising funds|||1,156|0|1,156||
|||Charitable
activities|||34207|106,072|140|279|
||||||35,363|106,072|141,435||
|||Net income (expenditure)|||33,936|(10,487)|23,449||
|||Total funds brought|forward||72 318|22473|94|791|
|||Total funda carried|forward||106254|11986|118|240|
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||||||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|
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|||||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|
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|||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|
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|RAISING FUN|DS||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||||2023|
||||6|F|
|Talks and events||1,747|0|1,747|
|The breakdown|for 2022 is shown below:||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||||2022|
||||6|6|
|Talks and events||1,156|0|1,156|
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|HARIT|ABLE ACTIVITIES||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||||2023|
|||6|6|6|
|Museum|costs|32917|95,534|128 451|
|kdown|for 2022 is shown below:||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||F|f|2022
6|
|Museum|costs|34,207|106,072|140,279|
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||||2023|2022|
|---|---|---|---|---|
||||F|F|
|Salaries|||67,760|73,930|
|National|insurance|contributions|1,496|2,623|
|Pensions|||1,817|2,034|
||||71,073|78587|
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||2023|2022|
|---|---|---|
||5|6|
|Trade debtors|159|4,298|
|Prepaid expenses|7,696|7 642|
||7 855|11 940|
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|||2023|2022|
|---|---|---|---|
|||F|9|
|Accruals and deferred|income|5,232|7,344|
|Other Creditors||2,698|1,186|
|||7,930|8,530|
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|||Balance at 1|Income/||Balance at 31|
|---|---|---|---|---|---|
|||April 2022|(Expenditure)|Transfers|March 2023|
|||6|8|9|F|
|Restricted funds:||||||
|Development
fund||11,986||0|11,986|
|Funds available|for specific|||||
|exhibitions||||||
|Total restricted
funds||11,986|0|0|11,986|
|Unrestricted
funds||||||
|General
fund||56,254|693|0|56,947|
|Designated
funds||||||
|Display fund||50000||0|50,000|
|Total designated|funds|50000||0|50,000|
|Total unrestricted|funds|106,254|693|0|106,947|
|Total funds||118,240|693|0|118,933|
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||||Balance at 1|Income/||Balance at 31|
|---|---|---|---|---|---|---|
||||April 2021|(Expenditure)|Transfers|March 2022|
||||8|f|6|F|
|Restricted funds:|||||||
|Development|fund||14,196|(2,210)|0|11,986|
|Funds avatlable||for specific|||||
|exhibitions|||8,277|8,277|||
|Total restricted|funds||22,473|(10,487)|0|11,986|
|Unrestricted
funds|||||||
|General
fund|||72 318|33936|50000|56254|
|Designated
funds|||||||
|Display fund|||0|0|50000|50000|
|Total designated||funds|0|0|50,000|50,000|
|Total unrestricted||funds|72,318|33,936|0|106,254|
|Total funds|||94791|23449|0|118240|
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