|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|||
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##
|||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|
##
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##
|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|