2023-03-31-accounts - Museum Of Cambridge

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FINANCIAL STATE~S FOR THE YEARE	FINANCIAL STATE~S FOR THE YEARE	NDED 31STMARCH	2023
STATEMENT OF FINANCIAL ACTIVITIES
~NT YEAR		Note	Unrestricted Funds	Restricted Funds	Total Funds 2023	Unrestncted Funds	Restncted Funds	Total Funds 2022
INCOME FROM:
Donations and legacies			57,135		57,135	24,113	3,000	27,113
Income from charitable activities
Operation ofmuseum and shop Other charitable income and grants			35,030	192,832	35,030 192,832	22@17 9,314	205,127	22,217 214,441
Investment income
TOTAL INCOME			92749	192,832	285,081	55,653	208,127	263,780
EXPENDITURE ON: Costs ofraising funds Charitable activities - Operation of	museum		11,485 121@86	153,380	11,485 274,666	1,982 49445	1,690 202,337	3,672 251,582
TOTAL EXPENDITURE			132,771	153,380	286,151	51,227	204,027	255,254
Trans fer between funds			3,982	(3,982)		13,828	(13,828)
NET INCOME/(EXPENDITIEIE) AND NET MOVEMENT IN FUNDS FOR THE YEAR		6	(36,540)	35,470	(1,070)	18,254	(9,728)	8,526
RECONCILIATION OF FUNDS Total Funds brought forward			118,046	52,775	170,821	99,792	62,503	162795
Total Funds carried forward			81,506	88445	169,751	118,046	52,775	170,821

		Notes	2023		2022
				5
FIXEDASSETS
Tangible assets		10		1,983		2,942
kleritsge assets		10		46,000		46,000
				47,983		48,942
CURRENT ASSETS
Stocks			2,442		4,394
Debtors			11,159		73,703
Cash at bank			120,098		51,590
TOTAL CURRENT ASSETS			133,699		129,687
CREDITORS: Amounts	falling
duc within one year		12	11,93 I		7,808
NET CURRENT ASSETS				121,768		121,879
TOTAL ASSETS LESSCURRENT
LIABILITIES				169,751		170,821
THE FUNDS OF THE CIIARITY
Unrestricted income funds		13		81,506		118,046
Restricted income funds		14		88,245		52,775
TOTAL CHARITY PUNDS				169,751		170,821

				Note	2023	2022
Cash (used in)/provided by operating		activities		16	68,501	(37,226)
Cash flows fiom investing activities
Interest income					84	9
Net additions and	disposal oftangible fixed assets				(77)	(997)
Cash (used in)/provided by investing		activities				(988)
Increase/(Decrease)	in cash and cash	equivalents	in the year		68,508	(38,214)
Total cash and cash	equivalents at the	beginning	ofthe year		51,590	89,804
Total cash and cash	equivalents at the	end ofthe	year		120,098	51,590

DONATIONS AND LE	GACIES
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		Funds	Funds	Funds	Funds	Funds	Funds
		2023	2023	2023	2022	2022	2022
			f,
Gifts		57,135		57,135	24,113	3,000	27,113
INCOME FROM CHARITABLE		ACTIVITIES
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		Funds	Funds	Funds	Funds	Funds	Funds
		2023	2023	2023	2022	2022	2022
							6
Income and Grants:
Cambridge City Council	(Restart)					12,000	12,000
Cambridge City Council
(Time Capsule Project)			23,553	23,553
Cambridge City Council
(Archiving Cambridge)			10,130	10,130
Cambridge City Council
(Cambridge Voices)			30,000	30,000
Cambridge City Council	(Rent)		26,000	26,000
AIM Pilgrim's Trust			2,278	2,278		3,646	3,646
Amey Cespa Grant						15,360	15,360
Capturing Cambridgeshire			12,500	12,500
Cultural Recovery Fund	(ACE)					29,505	29,505
Cause					6 304		6 304
Foyle Foundation			25,000	25,000
Generation Cambridgeshire			3,000	3,000
Museum Making (CCC)						35,000	35,000
Museum Making (NLHF)			60,071	60,071	3,010	106,463	109,473
SHARE - Collections Rationalisation		Grant				1,693	1,693
SHARE - Fundraising Network			300	300		1,000	1,000
SHARE - Small Grants Scheme M~dSh						460	460
Cambridge County Council
Shop and food sales		3,378		3,378	11,586		11,586
Admissions		26,093		26,093	8,685		8,685
Lectures, school trips and events		1,689		1,689	1,712		1,712
Other income, including	hire	3,870		3,870	234		234
		35,030	192,832	227,862	31,531	205,127	236,658

4.	INVESTMENT INCOME	INVESTMENT INCOME		Total		Total
				Unrestricted		Unrestricted
				Funds		Funds
				2023		2022
				8
	Bank interest			84		9
5a.	EXPENDITURE -~TYEAR			Costs of
				Raising	Charitable	Total
				Funds	Activities	2023
						6
	Purchases			11,485		11,485
	Staffcosts				140,643	140,643
	Premises costs (including		maintenance)		69,314	69,314
	Administration				63,673	63,673
	Depreciation	and profit on disposal			1,036	1,036
				11,485	274,666	286,151

	Charitable act as follows:	ivities are f	urther analysed between dire	ct charitable activities, suppo	rt and gover	nance costs
				Direct
				Charitable	Support	Governance	Total
				Costs	Costs	Costs	2023
				8			8
	Staff costs			140,643			140,643
	Premises costs (including		maintenance)	69,314			69,314
	Administration				62,353	1,320	63,673
	Depreciation	and profit on disposal			1,036		1,036
				209,957	63,389	1,320	274,666
5b.	EXPENDITURE - PRIOR YEAR				Costs of
					Raising	Charitable	Total
					Funds	Activities	2022
							8
	Purchases				3,672		3,672
	Staff costs					146,231	146,231
	Premises costs (including		maintenance)			50,075	50,075
	Administration					49,819	49,819
	Depreciation	and loss on	disposal			5,457	5,457
					3,672	251,582	255,254

Charitable ac as follows:	tivities ar	e f	urther analysed between dire	ct charitable activities, suppo	rt and gove	rnance costs
				Direct
				Charitable	Support	Governance	Total
				Costs	Costs	Costs	2022
							f.
Staft' costs				146,231			146,231
Premises costs (Including			maintenance)	50,075			50,075
Administmtion					48,607	1,212	49,819
Depreciation	and loss	on	disposal		5,457		5,457
				196,306	54,064	1,212	251,582
NET INCOME FOR THE YEAR						2023	2022
This is stated	after charging:						6
Depreciation	and loss	on	disposal			1,036	5,457
Independent	examiners	fees				1,320	1,212
STAFF COSTSAND		NUMBERS				2023	2022
Total staff costs were		as	follows:				8
Wages and salaries						133,779	138,298
Social security costs						6,864	7,933
						140,643	146,231

2023	2022
Number	Number

los.	TANGIBLE FIXEDASSETS - CURRENT YEAR	Heritage Asset:	Heritage Asset:
		Equipment	Painting	Total
	COST
	At 1st April 2022	40,511	46,000	86,511
	Additions	240		240
	Disposal	(163)		(163)
	At 31stMarch 2023	40,588	46,000	86,588
	DEPRECIATION
	At 1st April 2022	37,569		37,569
	Charge for the year	1,199		1,199
	Eliminated on disposal	(163)		(163)
	At 31stMarch 2023	38,605		38,605
	NET BOOK VALUE
	31STMARCH 2023	1,983	46,000	47,983
Ioh.	TANGIBLE FIXEDASSETS - PRIOR YEAR	Heritage Asset:
		Equipment	Painting	Total
	COST
	At 1stApril 2021	42,804	46,000	88,804
	Additions	1,931		1,931
	Disposal	(4,224)		(4,224)
	At 31stMarch 2022	40,511	46,000	86,511
	DEPRECIATION
	At 1stApril 2021	35,402		35,402
	Charge for the year	3,223		3,223
	Eliminated on disposal	(1,056)		(1,056)
	At 31stMarch 2022	37,569		37,569
	NET BOOK VALUE
	3ISTMARCH 2022	2,942	46,000	48,942
	DEBTORS		2023	2022
				f,
	Trade debtors		727	61,221
	Other debtors		2,732	3,609
	Accrued income		7,700	8,873
			11,159	73,703

12.	CREDITORS:	AMOUNTS	AMOUNTS	FALLING	DUE WITHIN ONE YEAR	DUE WITHIN ONE YEAR			2023	2022
	Trade creditors								6,529	3,696
	Other creditors	and accruals							5,402	4,112
									11,931	7,808
13a.	MOVEMENT	IN UNRESTRICTED FUNDS
	CURRENT YEAR					Balance at				Balance at
						1stApril				31stMarch
						2022	Income	Expenditure	Transfer	2023
						6
	General fund					118,046	92,249	(132,771)	3,982	81,506
13b.	MOVEMENT	IN UNRESTRICTED FUNDS
	PRIOR YEAR					Balance at				Balance at
						1stApril				31stMarch
						2021	Income	Expenditure	Transfer	2022
	General fund					99,792	55,653	(51,227)	13,828	118,046
14a.	MOVEMENT	IN RESTRICTED FUNDS				- CURRENT YEAR
						Balance at				Balance at
						1st April				31stMarch
						2022	Income	Expenditure	Transfer	2023
						6	8			6
	Painting Fund					46,000				46,000
	AIM Pilgrims	Trust				2,278	2,278	(4,574)	18
	Allan Brigham	Fund				3,000				3,000
	Archiving Cambridge		(CCC)				10,130	(10,130)
	CCC Rent waived						26,000	(26,000)
	Cambridge Voices (ccc)						30,000	(22,128)	(4,000)	3,872
	Capturing Cambridgeshire			(individual	donor)		12,500	(5,801)		6,699
	Collections Projects (Foyle			Foundation)			25,000			25,000
	Generation Cambridgeshire						3,000			3,000
	SHARE - Fundraising		Network			970	300	(596)		674
	Museum Making (NLHF)					527	60,071	(60,598)
	Time Capsule	Project	(CCC)				23,553	(23,553)
						52,775	192,832	(153,380)	(3,982)	88,245

MOVE	MENT IN RESTRICTE	D FU	NDS - PRIOR Y	EAR
				Balance at				Balance at
				1st April				31stMarch
				2021	Income	Expenditure	Transfer	2022
					6	f,	6
Painting	Fund			46,000				46,000
AIM Pilgrims Trust Collections		Grant	and Care Audit		3,646	(1,368)		2,278
Allan Brigham Fund					3,000			3,000
Amey Cespa					15,360	(15,360)
Cultural	Recovery Fund				29,505	(29,352)	(153)
SHARE	- Collections Rationalisation		Grant	1,632	1,693	(3,325)
SHARE	- Fundraising Network				1,000	(830)	800	970
SHARE	- Small Grants Scheme				460	(460)
Museum	Making (CCC)				35,000	(34,988)	(12)
Museum	Making (NLHF)			408	106,463	(106,344)		527
Museum	ofYou (CCC)			14,463			(14,463)
Restart	Grant (CCC)				12,000	(12,000)
				62,503	208,127	(204,027)	(13,828)	52,775

15a.	ANALYSIS OF AS	SE	TSBETWE	EN FUNDS	-CURRENT YEAR
					Tangible		Total at
					Fixed Assets	Net current	31st March
						assets	2023
	General fund				1,983	79,523	81,506
	Restricted funds				46,000	42,245	88/45
					47,983	121,768	169,751
15b,	ANALYSIS OF ASSETSBETWEEN FUNDS - PRIOR YEAR
					Tangible		Total at
					Fixed Assets	Net current	31stMarch
						assets	2022
	General fund				2,942	115,104	118,046
	Restricted funds				46,000	6,775	52,775
					48,942	121,879	170,821
16.	RECONCILIATION	OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING
	ACTIVITIES					2023	2022
	Net (expenditure)/income					(1,070)	8,526
	Add back depreciation		charges and(profit)Ross		on disposal	1,036	5,457
	Deduct interest shown		as investing	activities		(84)	(9)
	Decrease/(Increase)	in	debtors			62,544	(51,156)
	Decrease/increase)	in	stock			1,952	(178)
	(Decrease)/Increase	in	creditors			4,123	134
	NET CASH PROVIDED BY/(USED IN)
	OPERATING ACTIVITIES					68,501	(37,226)