| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 5 |
| Iadependent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 8 | to | 9 |
| Notes to the Financial Statements | 10 | to | 16 |
| Detailed Statemeat ofFinancial Activities | 17 | to | 18 |
| 31.1220 | 31.12.19 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | f. | f | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
277825 | 277325 | 24,903 | ||
| Other trading activities | 2 | 74,588 | 74,588 | 230,047 | |
| Total | 351,913 | 351,913 | 254,950 | ||
| EXPENDITURE ON | |||||
| Raising funds | 5,036 | 5,036 | 13,572 | ||
| Charitable activities |
|||||
| Employment costs Establishment costs General administrative expenses Depreciation costs |
65,850 125,885 36,543 |
65,$50 125,$$5 36,543 |
66,746 65,554 99,258 19,972 |
||
| Total | 233,314 | 233+14 | 265,102 | ||
| Net gains on investments | |||||
| NET INCOME/(EXPENDITURE) | 118,599 | 118,599 | (10,152) | ||
| Other recognised gains/(losses) |
|||||
| Gains on revaluation offixed assets Actuarial gains on defined benefit schemes |
1,721,000 | ||||
| Net movement in funds |
118499 | 118,599 | 1,710,848 | ||
| RECONCILIATION OFFUNDS |
|||||
| Total funds brought forward | 2,081,567 | 349,000 | 2,430,567 | 719,718 | |
| TOTAL FUNDS CARRIED FORWARD | 2400,166 | 349,000 | 2,549,166 | 2,430,566 |
| 31.12.20 | 31.12.19 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets Heritage assets |
7 8 |
2,002,281 | 349,000 | 2,002,281 349,000 |
2,013,196 349,000 |
| 2,002,281 | 349,000 | 2851,2$1 | 2,362,196 | ||
| CURRENT ASSETS | |||||
| Stocks Debtors Cash at bank and in hand |
9 10 |
7,632 27452 247,639 |
7,632 27,252 247,639 |
4,165 14,$01 65,484 |
|
| 282,523 | 282,523 | 84,450 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
1 1 | (34,638) | (34,638) | (16,080) | |
| NET CURRENT ASSETS | 247,885 | 247,$85 | 68,370 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 2,250,166 | 349,000 | 2,599,166 | 2,430,566 | |
| CREDITORS | |||||
| Amounts falling due afier more than one year |
12 | (50,000) | (50,000) | ||
| NET ASSETS | 2,200,166 | 349,000 | 2,549,166 | 2,430,566 | |
| FUNDS | 14 | ||||
| Unrestricted funds Restricted funds |
2,200,166 349,000 |
2,081,566 349,000 |
|||
| TOTAL FUNDS | 2,549,166 | 2,430,566 |
| OTHER TRADING AC | TIVITIES | ||
|---|---|---|---|
| 31.12.20 | 31.12.19 | ||
| Entrance fees Shop income Archive income Other goods Cafe income Heritage lottery fund |
37,625 8,920 1,761 9307 1,800 15,175 |
108,879 25,395 2,544 21,267 6,600 65,362 |
|
| 74,588 | 230,047 | ||
| NKT INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) | is stated afier charging/(crediting): | ||
| 31.12.20 | 31.12.19 | ||
| 8 | |||
| Depreciation - owned assets Hire ofplant and machinery |
19&196 3,487 |
19,972 4,330 |
| COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES | COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| fundf | fund | funds | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies |
24,903 | 24,903 | |
| Other trading activities | 164,685 | 65,362 | 230,047 |
| Total | 189,588 | 65,362 | 254,950 |
| EXPENDITURE ON | |||
| Raising funds | 13,572 | 13,572 | |
| Charitable activities |
|||
| Employment costs |
43,970 | 22,776 | 66,746 |
| Establishment costs |
57,460 | 8,094 | 65,554 |
| General administrative expenses |
64,766 | 34,492 | 99,258 |
| Depreciation costs |
19,972 | 19,972 | |
| Total | 199,740 | 65,362 | 265,102 |
| Net gains on investments | |||
| NET INCOME/(EXPENDITURE) | (10,152) | (10,152) | |
| Other recognised gains/(losses) |
|||
| Gains on revaluation offixed assets | 1,721,000 | 1,721,000 | |
| Actuarial gains/(losses) on defined benefit |
|||
| schemes | (71,850) | 71,850 | |
| Net movement in funds |
1,638,998 | 71,850 | 1,710,848 |
| RECONCILIATION OFFUNDS |
|||
| Total fuads brought forward | 442,568 | 277,150 | 719,718 |
| TOTAL FUNDS CARRIED FORWARD | 2,081,566 | 349,000 | 2,430,566 |
| Improvements | Fixtures | ||||
|---|---|---|---|---|---|
| Freehold | to | and | Computer | ||
| property | property f |
fittings | equipment f |
Totals f |
|
| COST | |||||
| At 1stJanuary 2020 | 1,721,000 | 306816 | 37,591 | 9,539 | 2,074,646 |
| Additions | 7,599 | 682 | 8481 | ||
| At 31stDecember 2020 | 1,721,000 | 314,115 | 37,591 | 10,221 | 2,082,927 |
| DEPRECIATION | |||||
| At 1stJanuary 2020 Charge for year |
28,933 15,674 |
28,801 1,922 |
3,716 1,600 |
61,450 19,196 |
|
| At 31stDecember 2020 | 44,607 | 30,723 | 5,316 | 80,646 | |
| NET BOOK VALUE | |||||
| At 31stDecember 2020 | 1,721,000 | 269408 | 6,868 | 4,905 | 2,002,281 |
| At 31stDecember 2019 | 1,721,000 | 277,583 | 8,790 | 5,823 | 2,013,196 |
for the Year Ended 31stDecember |
2020 |
||||
|---|---|---|---|---|---|
| 9. | STOCKS | ||||
| 31.12.20 | 31.12.19 | ||||
| 8 | |||||
| Stocks | 7,632 | 4,165 | |||
| 10. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.12.20 | 31.12.19 | ||||
| Trade debtors Other debtors Prepayments and accrued income |
16,069 10,195 988 |
5,517 5,840 3,444 |
|||
| 27,252 | 14,801 | ||||
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.12.20 | 31.12.19 | ||||
| 8 | |||||
| Trade creditors Social security and other taxes |
31,920 618 |
11,882 | |||
| Accruals and deferred | income | 2,100 | 4,198 | ||
| 34,638 | 16,080 | ||||
| 12. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE | YEAR | |||
| 31.12.20 | 31.12.19 | ||||
| Bank loans (see note | 13) | 50,000 | |||
| 13. | LOANS | ||||
| An analysis ofthe maturity ofloans is given below: | |||||
| 31.12.20 | 31.12.19 | ||||
| Amounts falling due between two and five years: |
|||||
| Bank loans —2-5 years |
50,000 | ||||
| 14. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At | 1.1.20 | in funds | 31.12.20 | ||
| f. | f | ||||
| Unrestricted funds |
|||||
| General fund |
2,081,567 | 118,599 | 2400,166 | ||
| Restricted funds | |||||
| Restricted | 349,000 | 349,000 | |||
| TOTAL FUNDS | 2,430,567 | 118,599 | 2,549,166 |
| incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General fund | 351,913 | (233414) | 11$,599 | ||
| TOTAL FUNDS | 351,913 | (233314) | 118,599 | ||
| Comparatives | for movement | in funds | |||
| Net | |||||
| movement | At | ||||
| At 1.1.19 | in fimds | 31.12.19 | |||
| Unrestricted | funds | ||||
| General fund | 442,568 | 1,638,998 | 2,081,566 | ||
| Restricted funds | |||||
| Restricted | 277,150 | 71,850 | 349,000 | ||
| TOTAL FUNDS | 719,718 | 1,710,848 | 2,430,566 |
| incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources f |
expended f |
losses f |
in funds | ||
| Unrestricted | funds | ||||
| General fund |
189,588 | (199,740) | 1,649,150 | 1,638,998 | |
| Restricted funds | |||||
| Restricted | 65,362 | (65,362) | 71,850 | 71,850 | |
| TOTAL FUNDS | 254,950 | (265,102) | 1,721,000 | 1,710,848 |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.1.19 | in funds | 31.12.20 | ||||
| f | ||||||
| Unrestricted | funds | |||||
| General | fund | 442,568 | 1,757,597 | 2,200,165 | ||
| Restricted | funds | |||||
| Restricted | 277,150 | 71,850 | 349,000 | |||
| TOTAL | FUNDS | 719,718 | 1,829,447 | 2,549,165 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| f | |||||
| Unrestricted | funds | ||||
| General fund | 541,501 | (433,054) | 1,649,150 | 1,757,597 | |
| Restricted funds | |||||
| Restricted | 65,362 | (65,362) | 71,850 | 71,850 | |
| TOTAL FUNDS | 606,863 | (498,416) | 1,721,000 | 1,829,447 |
| 31.12.19 | 31.12.18 | ||
|---|---|---|---|
| f | |||
| Current | assets | 37,853 | |
| Current | liabilities | (37,853) | |
| Net assets |
| for tbe Year Ended 31 | stDecember 2020 | |
|---|---|---|
| 31.12.20 | 31.12.19 | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies |
||
| Donations &sponsorship | 9,891 | 24,903 |
| Grants HMRC JRSGrant |
240,154 27,280 |
|
| 277325 | 24,903 | |
| Other trading activities | ||
| Entrance fees | 37,625 | 108,879 |
| Shop income Archive income Other goods Cafe income Heritage lottery fund |
8,920 1,761 9,307 1,800 15,175 |
25,395 2,544 21,267 6,600 65,362 |
| 74,588 | 230,047 | |
| Total incoming resources |
351,913 | 254,950 |
| EXPENDITURE | ||
| Other trading activities |
||
| Museum purchases |
5,036 | l3,572 |
| Charitable activities |
||
| Wages | 78,352 | 66,288 |
| Pensions Hire ofplant and machinery Rates and water Insurance Light and heat Repairs, renewals &security |
495 3,487 2,018 11,915 15,677 28,889 |
458 4,330 9,672 9,154 31,357 20,195 |
| Telephone, post and stationery Advertising &marketing |
4,252 7,384 |
6,894 26,834 |
| Sundries Motor expenses |
14,020 | 9,401 506 |
| Accountancy fees Management services Professional fees |
4,690 31,000 4,863 |
4,200 25,000 13,792 |
| Improvements to property Fixtures and fittings Computer equipment Bank charges |
15,674 1,922 1,600 |
15,242 3,085 1,645 3,477 |
| 226,238 | 251,530 |
| Detailed Statement ofPinon | ial Activities | ||||
|---|---|---|---|---|---|
| for the Year Ended 31stDecember 2020 | |||||
| 31.12.20 | 31.12.19 | ||||
| Support costs | |||||
| Finance | |||||
| Bank charges | 2,040 | ||||
| Total resources expended | 233314 | 265,102 | |||
| Net income/(expenditure) | before gains and | ||||
| losses | 118,599 | (10,152) | |||
| Reagsed recognised | gains | and losses | |||
| Gain on revaluation | 1,721,000 | ||||
| Net income | 118,599 | 1,710,848 |