2020-12-31-accounts

INDEX			Page Number
Management Information
Director's Report			2 —7
Director's Responsibilities
Independent Examiner's		Report
Statement of Financial	Activities		10
Balance Sheet
Principal Accounting	Policies		12-13
Notes to the Financial	Statements		14-16

FOR THE YEAR ENDED 3	1stDECE	MBER 2020
		Notes	Unrestricted	Restricted	Total	Total
					2020	2019
Income and endowments	from:
Donations and legacies			12,313		12,313	20,265
Charitable Activities			110,813		110,813	78,232
Investments
Other
Totalincome and endowments			123,126		123,126	98,497
Expenditure on:
Raising Funds			12,240		12,240	4,290
Charitable Activities			128,041		128,041	117,999
Other
Total Expenditure			140,281		140,281	122,289
Net incomel(expenditure)			(17,155)		(17,155)	(23,792)
Transfer between funds
Net movementin funds			(17,155)		(17,155)	(23,792)
Total funds brought forward			36,137		36,137	59,929
Total funds carried forward			18,982		18,982	36,137

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDING 31st	DECEMBER 2020							Restated
					Unrestricted	Restricted	2020	2019
Donations and Legacies
Legacy R &M Sykes					10,000		10,000
Gilt Aid								2,572
Other Donations					2,313		2,313	17,693
					12.313		12,313	20,265
Income from Charitable			Activities
Grants
Worshipful Company	of	Saddlers			4,000		4,000	6,000
Worshipful Company	of	Leathersellers			25,000		25,000	39,056
NBC					50,000		50,000	20,000
University ofNorthampton								'/, 651
Other Grants					29,834		29,834
Other Income					1,979		1,979	11,525
					110,813		110,813	78,232
Expenditure on Charitable				Activities
Employment costs					59,584		59,584	63,708
ITincluding Website					2,368		2,368	645
Postage!Stationery
Telephone					1,169		1,169	'/,209
Publicity
Insurance					3,872		3,872	9,133
Other costs					1,954		1,954	3,339
Volunteer Expenses					1,705		1,705	56
Training
Conservation materials		&	equipment		1,106		1,106	1,992
Professional Fees								6,287
Depreciation Administration Costs					656		656	875 1,013
Property repairs and	maintenance				3,796		3,796	2,794
Premises improvement		costs			6,268		6,268	15,723
Service costs including		rent			18,325		18,325
Leathersellers grant	spend				22,653		22,653	9,268
Equipment R&M					2,877		2,877	940
Governance
Trustee Expenses
Accountancylpayroll	fees				958		958	436
Independent Examination					750		750	581
					128,041		128,041	117,999

YEAR ENDiNG 31stDECEMBER 2	020
	Unrestricted f	Restricted f	2020 f	2019
Trustees and Employment
Wages and salaries	55,593		55,593	55,	179
NIER	841		841	3,	715
Pension costs	959		959		959
Travel	2,191		2,191	3,855
	59,584		59,584	63,708

Fixed Assets:
	Plant	8	Fixtures	Computer
	Machinery f		&Fittings f	Equipment f	Total f
Cost
Brought forward	1,652		20,255	1,028	22,935
Additions
Disposals
Camed forward	1,652		20,255	1,028	22,935
Depreciation
Brought forward	'/,	636	17,810	865	20,311
Charge foryear		4	611	41	656
Disposals
Carried forward	1,640		18,421	906	20,967
Net Book Value
Balance at31.12.20		12	1,834	121	1,968
Balance at31.12.19		16	2,445	163	2,624
Debtors				2020f	2019f
Trade Debtors
HMRC
Prepayments				5,360	5,769
				5,360	5,769
Creditors - Amounts	falling due within one year
Sundry/Trade creditors				(348)	(4,250)
Accruals				(675)	(600)
Tax &Social security costs				1,150	(1,337)
				2,173	(6,187

						Transfer
			Balance	Movement	Movement	between	Balance
8	Unrestricted	and	01.01.20	In	Out	funds	31.12.20
	Designated	Reserves	Restated				f
	Unrestricted	-general reserve	13,951	111,219	(117,628)	3,440	10,982
	Designated
	Leathersellers	Company	16,186	7,907	(22,653)	(1,440)
	Saddlers Company		6,000	4,000		2,000	8,000
			36,137	123,126	140,281		18,982