Charity Number 306633
Brixham Heritage Museum and History Society
Accounts For the year ended 5 April 2021
Brixham Heritage Museum and History Society
For the Year Ended 5 April 2021
Contents
| Contents | |
|---|---|
| Page | |
| Report of the Trustee | 1-2 |
| Reports from the museum | 3-6 |
| Independent Examiners Report | 7 |
| Receipts and Payments Account | 8 |
| Statement of Assets and Liabilities | 9 |
| Notes to the Accounts | 10 |
Brixham Heritage Museum and History Society Report of the Trustees For the Year Ended 5 April 2021
The trustees present their report with the financial statements of the charity for the year ended 5 April 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' 2015.
Reference and Administrative Details
Registered Charity number
306633
Principal address
The Old Police Station Bolton Cross Brixham Devon TQ5 8LZ
Trustees
Mr E J Kennar Chair Mr I Earl Treasurer Mrs C Ashworth Mrs O Farnham Mrs J Pettit Mr S Webb
Independent examiner
Accounting 4 Everything SW Limited 11 Manor Corner, Manor Road Paignton Devon TQ3 2JB
Page 1
Brixham Heritage Museum and History Society Report of the Trustees For the Year Ended 5 April 2021
Structure, Governance and Management
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
The recruitment and appointment of new trustees is done via election.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Objectives and Activities
Objectives and aims
The Brixham Heritage Museum and History Society was founded for the purpose of recording saving and displaying the heritage of the historic town of Brixham and her fishing port.
Significant activities
In order to realise these objects the society carries out education and training of both children and adults, provides a community meeting place, provides information and undertakes research on arts, culture, conservation and heritage.
Financial Review
Reserves policy
Reserves from specific funds are shown separately from general reserves and are to be expended only on the for items which the money was specifically given.
Principal funding sources
Core income is provided by Brixham Town Council and Torbay Council and is reviewed by them annually.
Funds held as Custodian for Others
During the year ended 5 April 2021 no assets were held by the Society as custodian trustees.
Report Approval
Approved by order of the board of trustees on ................................... and signed on its behalf by:
.............................................
Mr I Earl
Page 2
Brixham Heritage Museum and History Society Independent Examiners Report For the Year Ended 5 April 2021
I report on the accounts of the charity (number 306633) for the year ended 5 April 2021, which are set out on the following pages.
Respective responsibities of trustees and examiner
The charity's trustees are reponsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charity Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Act;
-
to follow procedures laid down in the General Directions given by the Charity Commission;
-
to state whether particular matters have come to my attention.
Basis of independent examiners statement
My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
Independent examiners statement
In connection with my examination, no matter has come to my attention
-
1 ) which gives me reasonable cause to believe that in any material respect the requirements:
-
a) to keep accounting records in accordance with section 130 of the Charities Act; and
b) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met. Or
- 2 ) to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
............................................. Date 18-May-21
Accounting 4 Everything SW Limited Chartered Accountants
11 Manor Corner Manor Road Paignton Devon TQ3 2JB
Page 7
Brixham Heritage Museum and History Society Revenue Account
For the Year Ended 5 April 2021
| Income Grants Donations, legacies and sponsors Admissions Sales Stamps Subscriptions Lectures Family history and research Bank interest Archaeology Education Gift Aid Research Other income Fundraisers Room hire Payments Wages and PAYE Utilities Insurance Maintenance and refurbishment Storage costs Fundraising expenses Office expenses Marketing and displays Shop items Cleaning Education expenses Affiliations Stamps for resale Archaeology Donations Sundry Asset and Investment Purchases Equipment Total Payments Surplus/(Deficit) Transfer between funds NET INCOME LESS EXPENDITURE |
Unrestricted Restricted Total Total fund funds funds funds 2020 £ £ £ £ 22,661 14,000 36,661 32,998 5,171 5,171 22,505 - - - 472 472 2,483 - - - 485 485 1,352 - - 190 562 562 747 47 47 319 - - - - - - 4,130 4,130 3,924 - - - - - - 1,009 127 127 3,972 - - - 33,655 14,000 47,655 69,499 4,860 13,743 18,603 19,381 5,528 5,528 5,924 1,310 1,310 2,413 1,920 1,920 17,392 - - - - - - 721 1,428 1,428 2,056 3,896 - 3,896 4,300 42 42 653 80 80 1,182 41 - 41 4,264 244 244 322 - - - - - - - - - - - - 19,349 13,743 33,092 58,608 319 319 2,666 19,668 13,743 33,411 61,274 13,987 257 14,244 8,225 257 257) ( - - 14,244 0) ( 14,244 8,225 |
|---|---|
Page 8
Brixham Heritage Museum and History Society Statement of Assets and Liabilities For the Year Ended 5 April 2021
| Cash Funds Cash account Current account Deposit account Liabilities Loan - roof Net Assets less Liabilities Capital Account Cash and bank balances b/fwd Excess for the year NET ASSETS Signed ............................................. Trustee Date: Signed ............................................. Trustee Date: |
Unrestricted Restricted Total funds funds funds £ £ £ 423 423 39,648 39,648 48,477 24,900 73,377 88,547 24,900 113,447 - - - - - 88,547 24,900 113,447 74,303 24,900 99,203 14,244 0) ( 14,244 88,547 24,900 113,447 |
Total fund 2020 £ 423 25,557 73,224 |
|---|---|---|
| 99,203 | ||
| - | ||
| - | ||
| 99,203 | ||
| 90,978 8,225 |
||
| 99,203 | ||
Page 9
Brixham Heritage Museum and History Society Notes to the Accounts For the Year Ended 5 April 2021
1)
Accounting Policies
The accounts have been prepared on the receipts and payments basis and comply with the accounting requirements of the Charities Act 2011.
The balances of a local group which raise funds in the name of the society on its behalf are not included in these accounts because the group is independently managed. Receipts from the fund raisers are included in income when received and any expenses paid by the fundraisers are also included as both the expense and a donation.
2) Fixed Assets
The society holds a lease on the museum which ends 14th July 2039. The society receives a 100% concession on rent and business rates. The building is currently insured for £1,261,025. The museum contains furniture and equipment for functional use and a collection of exhibits. The insurance value of the exhibits is currently £98,640 and general contents £35,023. Assets purchased are recorded as payments in the year of acquisition.
By definition Brixham Heritage Museum has a long term purpose and possesses permanent collections in relation to its stated objectives. The Trustees accept the principle that except for sound curatorial reasons there is a strong presumption against the disposal of any items in the museum collection.
Page 10