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2022-12-31-accounts

			Page No.
Report ofthe Trustees			1-8
Independent Examiner's		Report
Statement ofFinancial	Activities incorporating		10-11
Income and Expenditure		Account
Balance Sheet			12-13
Notes to the Financial	Statements		14-21

				2022
			Unrestricted	Restricted	Total
		Notes	Funds	Funds	Funds
Income		2
From Generated Funds
Donations			116,717	30,226	146,943
From Charitable Activities
Operation ofa Museum	for the
purposes ofeducation,	research and
enjoyment			138,574		138,574
Investment Income			640		640
Total Income			255,931	30,226	286,157
Resources Expended
Costs ofRaising Funds		3.1	39,797		39,797
Charitable Activities		3.2	287,739	30,226	317,965
Total Resources Expended			327,536	30,226	357,762
Net Income 1(Expenditure)
for the year		4.1	(71,605)		(71,605)
Transfers between funds
Net Movement in Funds			71,605		71,605
Total Funds brought forward			2,020,086	306,772	2,326,858
Total Funds carried forward			1,948,481	306,772	2,255,253

				2021
			Unrestricted	Restricted	Total
		Notes	Funds	Funds	Funds
Income		2
From Generated Funds
Donations			170,348	107,280	277,628
From Charitable Activities
Operation ofa Museum	for the
purposes ofeducation,	research and
enjoyment			64,305		64,305
Investment Income			20		20
Total Income			234,673	107,280	341,953
Resources Expended
Costs ofRaising Funds		3.1	22,643		22,643
Charitable Activities		3.2	171,038	107,280	278,318
Total Resources Expended			193,681	107,280	300,961
Net Income / (Expenditure)
for the year		4.1	40,992		40,992
Transfers between funds
Net Movement in Funds			40,992		40,992
Total Funds brought forward			1,979,094	306,772	2,285,866
Total Funds carried forward			2,020,086	306,772	2,326,858

			Notes		2022	2021
Fixed Assets
Heritage assets					1,188,217	1,172,117
Leasehold Property					797,386	835,358
Investments					I	I
					1,985,604	2,007,476
Current Assets
Debtors and prepayments				180,769		208,018
Cash				175,516		273,587
				356,285		481,605
Current Liabilities
Creditors due withtn	one year			86,636		124,723
Net Current assets					269,649	356,882
Creditors due greater	than one year				112,500	37,500
Total Net Assets					2,255,253	2,326,858
Capital and Reserves
Capital			10
The Company is limited by Guarantee		and does not
have a Share Capital
Funds
Unrestricted Funds					1,948,481	2,020,086
Restricted Funds					306,772	306,772
					2,255,253	2,326,858

INCOME
		2022			2021
		Unrestricted	Restricted	Total	Total
Donations
Donations		99,990	30,226	130,216	177,774
Gift Atd		1,627		1,627	2,201
Donated Artwork	at valuation	15,100		15,100	650
Business Support	Grants				97,003
Total		116,717	30,226	146,943	277,628
Charitable Activities
Friends Membership		8,559		8,559	9,194
Museum Admissions		88,855		88,855	39,529
Educatton &Workshops		24,675		24,675	7,038
Museum hire and	other events	14,614		14,614	8,544
Other income		1,871		1,871	0
Total		138,574		138,574	64.305
Interest		640		640	20
Total Income		255,931	30,226	286,157	341,953
3.0RESOURCES	EXPENDED	2022			2021
		Unrestricted	Restricted	Total	Total
3.1 Donations
Support Costs		39,797		39,797	22,643
Total		39,797		39,797	22,643
3.2 Charitable Activities
Exhibition costs		11,658		11,658	4,478
Education &Workshops		277		277	1.002
Other costs		25,059	30,226	55,285	122.126
Support Costs		250 745		250 745	150,712
Total		287739	30,226	317965	278,318
Total Resources expended		327,536	30,226	357,762	300,961

		Basis	of	Charitable		Recharged
		Apportionment		Activities	Donations	To	Total
					K	Subsidiary
Employment	costs	Staffutilisation		113,151	20,954	8,382	142,487
Property costs,
including		Space occupied		63,238	3,764	6,023	73,025
amortisation	of
leasehold property
General office		Estimated	activity	22,798	4,813	4,053	31,664
Organisation		Estimated	activity	21,561	6,469	4,311	32,341
Leasehold		Space occupied		29,997	3,797	3,038	36,832
Depreciation
				250,745	39,797	25,807	316,349

4.1	Net Incoming Resources ar	e stated	after charging fees relating to	the mdependent examination off3	900(2021:f3
4.2	Employee Information			2022	2021
	Staffcosts were as follows:
	Wages and salaries			178,511	155,287
	Pensions			3,661	2,928
	Social security costs			11978	9,413
				194,150	152,628
	The average munber ofemployees		during the year was 7 (2021	7)detail by role as follows:
	Director	Full Time		1
	Curator	Full Time		1
	Assistant Curator	Part Time		1
	Shop/admissions	Full Time		1
	manager (cost home
	50/50 by the subsidiary
	company and Charity,
	50%included above)
	Marketing and	Part Time
	Communications
	Officer
	Community	Full Time
	Engagement officer
	Learning Manager	Full Time

FIXEDASSETS
	Heritage Assets
	at Cost or	Leasehold
	Valuation	Premises	Total
Cost or Valuation
At 31 December 2021	1,172,117	949,269	2,121,386
Purchased at cost	1000		1000
Disposals/written off
Donations at valuation	15,100		15,100
At 31December 2022	1,188,217	949,269	2,137,486
At 31 December 2021		113,911	113,911
Charge for the year		37,972	37,972
At 31 December 2022		151,883	151,883
Net Book Value
At 31 December 2021	1 172,117	835,358	2,007,475
At 31 December 2022	1,188,217	797,386	1,985,603

	DEBTORS						2022	2021
	Amount owed by subsidiary undertaking						168,797	156,668
	Other debtors						2,920	41,414
	Gift aid recoverable						361	1,372
	Prepayments						6 691	8,564
							180,769	208,018
8.	CREDITORS						2022	2021
	Amounts falling due within one year:
	Subscriptions received in advance						12,128	12,005
	Trade creditors						5,045	8,259
	Other creditors						22,535	48,606
	Accruals						9,428	5,853
	Loan Payments Due (Note below)						37,500	50,000
	Total due within I year						86,636	124,723
	Amounts falling due greater than	I year
	Loan Payments due (Note below)							37,500
							86,636	162,223
	Unsecured commercial loan off200,000 taken out in April 2019.
	The loan was initiaBy repayable in equal instalments				over a 4-year	tenn.
	However, as part ofCovid-19 support		the lender agreed a six-month			capital
	repayment holiday (Apnl-September		2020) and	the loan term was extended
	to 4 and a half years to September	2023
9.	OPERATING LEASE COMMITMENTS						2022	2021
	The amounts payable in respect ofthe		operating	leases, excluding VAT are:
	In one year						15,001	15,001
	Between two and five years						13,126	28,127

					General	Designated	Restricted	Total
					Funds	Funds	Funds	Funds
	Fixed assets				797,387	881,445	306,772	1,985,604
	Current assets				356,285			356,285
	Current liabilities				(86,636			86636
	Net Assets at	31 December 2022			1,067,036	881,445	306,772	2,255,253
11.2	Movement in	Funds
				At 31Dec	Incoming	Outgoing		At 31Dec
				2021	Resources	Resources	Transfers	2022
							f.
	Unrestricted	Funds
	Designated Funds
	Collection	fund		865,345	15,100		1000	881,445
	General Funds			1,154,741	240 831	327,536	1000	1,067,036
	Total Unrestricted		Funds	2,020,086	255,931	327,536		1,948,481
	Restricted Funds
	Collection fund			306,772				306,772
	Foyle				30,226	(30,226)
	Total Restricted Funds			306,772	30,226	30,226		306,772
	Total Funds