2021-12-31-accounts

Report ofthe Trustees
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements

REFERENCE AND ADMINISTRATIVE	REFERENCE AND ADMINISTRATIVE	REFERENCE AND ADMINISTRATIVE	DETAILS
Registered	Charity Number			326446
Principal address				15Russell Square
				High Street
				Broadway
				Worcestershire
				WR12 7AP
Trustees				Jonathan Russell	(Chair)
				Anthony Gleave (Treasurer)
				Helen Brown
				Sean Feeney (Education)
				Jonathan Gibb (appointed 8January 2022)
				Christopher Peter Hotten (Friends)
				Erica Wolfe-Murray (appointed		22 November 2021)
Patrons				Anne Albright
				James Ritblat
				The Rt Hon Philip	Smith
Founder Trustees appointed		October 1983		Mrs KBayes
				MrTChinn
				Mr R H Leigh
Examining	Accountants			Nicholas Cliffe 8	Co Limited
				Chartered Accountants
				Mill House
				Mdl Court
				Great Shelford
				Cambridge
				CB22SLD

		I ~I0R	fiC M- ruO re M 0	'I 4l O u, NO
			I
INCOMING RESOURCES
Donations, legacies and charitable	activities		80,413	90,446
Investments
Total incoming resources			80,413	90,446
RESOURCES EXPENDED
Costs ofgenerating funds
Costs ofcharitable activities			27,553	37,565
Other resources expended			50,793	50,091
Total resources expended				87,656
Net surplus for the year			2,067	2,790
Net movement in funds for the year			2,067	2,790
Total funds brought forward			372,712	369,922
TOTAL FUNDS CARRIED FORWARD			374,779	372,712

		Notes	2021(f)	2020(f)
FIXEDASSETS
Tangible assets			302+71	302,511
			302,571	302,571
CURRENT ASSETS
Debtors				87
Stocks			11,137	18,853
Cash at bank and in	hand		70,366	54,458
			81,493	73,398
CURRENT LIABILITIES
Creditors: Amounts	falling due within one year		(9,285)	(3,256)
Net current assets			72,208	70,142
Total assets less current liabilities			374,779	372,712
Total net assets			374,779	372,712
Represented by:
Restricted funds
Unrestricted funds:
Generaifunds			374,779	372,712
			374,779	372,712
Reserves:
Total funds			374,779	372,712

3.	INCOME FROM INVESTM	ENT	S
						Total	Total
						2021	2020
						f	f
	Interest received
4	RESOURCES EXPENDED
						Total	Total 2020
	Costs ofcharitable activities					2021f	f
	Advertising and sales					1,899	3,544
	Conservation					53	682
	Museum awards, grants and donations
	Opening stock for resale					18,853	42,126
	Purchases for resale					12,341	7,472
	Book printing costs
	Closing stock for resale					(11,137)	(18,853)
	Governance costs
	Independent examiner's fee and			accountancy		2,579	2,175
	Meeting costs					2,966	419
						27,554	37,565
	Other resources expended
						Total	Total
						2021 f	2020f
	Employee costs					37,675	35,127
	Motor and travel costs
	Premises costs					6,749	5,751
	Depreciation, impairment,		profit/loss		on disposal offixed assets		3,286
	General administrative	costs				6,369	5,928
	Legal and professional	costs
						50,193	50,092
5.	STAFF COSTS
						Total	Total
						2021	2020
						f
	Salaries and wages					36,920	33,314
	Pension costs					686	1,508
	Training					69	305
						~7,6rs	35,121
	No employee received emoluments			in excess ofE60,000.

6.	TANGIBLE FIXEDASSETS
		Land and	Plant and	Archive	Fixtures,	Total
		buildings	machinery	collection	fittings and
					equipment
					E
	Costor revaluation
	At 1January 2021	229,081	222,170	302,571	18,435	772,257
	Additions
	At 31December 2021	229,081	222,170	302,571	18,435	772,257
	Depreciation and
	impairment
	At 1January 2021	229,081	222,170		18,435	469,686
	Depreciation charge for the
	year
	At 31December 2021	229,081	222,170		18,435	469,686
	Net book values
	At31December 2021			30~71		302,571
	At31December 2020			302r571		302,571
7.	STOCKS
					2021	2020
					F.	E
	Stock held for resale				11,137	18,853
					11,137	18,853
8.	CREDITORS
					2021	2020
	Amounts fatgng due within one	year			E	E
	Accruals and deferred income				9,285	3,256
					9,285	3,256

		Total funds	Total funds
		2021	2020
		E
Income:
Oonations, admissions, shop sales		44,626	36,821
Grants received		29,163	46,871
Corporate sponsorship/patronage		2,803	2,345
Friends donations	and membership	3,821	3,862
Gift aid			548
		80,413	90,447
Investments
Total income		80,413	90,447
Expenditure on:
Costs ofgenerating	donations and legacies
Total expenditure on raising funds
Charitable activities
Advertising and sales		1,899	3,543
Conservation		53	683
Museum awards,	grants and donations
Opening stock for resale		18,853	42,126
Purchases for resale		12,341	7I472
Book printing costs
Closing stock for	resale	(11,137)	(18,853)
		22,009	34,971
Governance costs
Independent examiner's fee and accountancy		2,579	2,175
Meeting costs		2,966	419
		5,545	2,594
Total expenditure	on charitable activities	27,554	37,565

				Total funds	Total funds
				2021	2020
				E	E
Employee costs
Salaries and wages				36,920	33,314
Pension costs				686	1508
Training				69	305
				37,675	35,127
Motor and travel	costs
Premises costs				6,749	5,751
Administrative costs, including			depreciation	6,369	9,214
Legal and professional		costs
Total expenditure	ofother costs			50,793	50,092
Totalexpenditure				78,347	87,657
Net gains on investments
Net expenditure				2,066	2,790
Net expenditure	before other		gains/(losses)	2,066	2,790
Other gains
Net movement in funds				2,066	2,790