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2020-12-31-accounts

Charity Number: 503726

Friends of the Harris

Accounts

For The Year Ended 31 December 2020

Harris Museum, Art Gallery and Library

Market Square

Preston PR1 2PP

FRIENDS OF THE HARRIS

CONTENTS

Charity Details 1
Annual Report 2
Independent Examiner’s Report 4
Receipts And Payment Account 5
Statement Of Assets And Liabilities 6
Notes To The Accounts 7

FRIENDS OF THE HARRIS

MANAGEMENT COMMITTEE AND TRUSTEES

The President: The Right Worshipful the Mayor of Preston
Chair of Trustees: G Krypczyk-Oddy
Vice Chair of Trustees: L Henfield
Hon Treasurer: M C Turner
Hon Secretary: D Burns (appointed 24 September 2020)
Other Trustees I Allison
R Ainsworth
C Cullen (appointed 24 September 2020)
A Davenport-Latif (resigned 1 April 2020)
I Flack
M Grasar
A Hackett
S Lakeland (appointed 24 September 2020)
N Mather (resigned 24 September 2020)
J Sherrington (resigned 24 September 2020)
C Turner
M S Turner
L Whalley
Charity number: 503726
Independent Examiner: Mrs N Mason FCA, DChA
MHA Moore and Smalley
Richard House
Winckley Square
Preston
PR1 3HP

-1-

FRIENDS OF THE HARRIS

ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2020

Structure, governance and management

The Friends of the Harris Museum, Art Gallery & Library, Market Square, Preston, is registered with the Charity Commission (No 503726) and constituted by rules adopted on 16 October 1974 (as amended on 10 April 2019).

The Society is administered by a Management Committee as set out on page 1.

The Trustees of the Charity shall be the President, Vice Presidents, Chairman and the committee members. A Trustee (excluding the President and any Vice Presidents) must be a member of the Society during their period of office. The society in general meeting shall elect committee members with the total number of members being a minimum of six (but unless otherwise determined by a resolution) shall be a maximum of fourteen. The Constitution of the Friends of the Harris requires that two members of the Committee retire each year. Temporary vacancies among the Trustees can be filled by the Trustees subject to this being approved at the Annual General Meeting following.

Objects and activities and public benefit

The objects of the Charity shall be to advance education and encourage and promote the advancement of the arts, culture and heritage by supporting and promoting the activities of the Harris Museum, Art Gallery and Library Preston (hereinafter called the Harris).

In furtherance of the objects but not to otherwise the trustees shall have the power to:

Achievements and performance

Income from subscriptions generated this year was £2,683 (2019: £2,490). Total income generated from all sources was £368,304 (2019: £15,463).

The Friends contributed £10,383 to the Harris in 2020. This helped to lever in over £400,000 from Arts Council England and National Lottery Heritage Fund and continues to help the Harris develop the £10million #HarrisYourPlace capital project and generate further funding for it. Specifically, the Friends’ support has helped enable the Harris to make its final £4.5million application to National Lottery Heritage Fund for the capital work.

A legacy from lifelong visitor to the Harris, Arnold Monk, of £345,661, was received. £315,000 of this has been reserved to support #HarrisYourPlace, with the remaining £30,661 retained to support Harris work in the future.

A total of £19,327 was generated from public donations, from both members and non-members, also to support #HarrisYourPlace.

Friends of the Harris funding supported the following Harris activities during the year:

-2-

FRIENDS OF THE HARRIS

ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2020

Financial review

A summary of receipts and payments during the year is shown on page 5 of the accounts.

Reserves policy

It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level that provides sufficient income to cover grants payable and administration costs and to respond to emergency applications for funding by the Harris. The amount of free reserves held at the year end was £38,893 (2019: £16,104).

Risk management

The Trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable any necessary steps to be taken to lessen these risks.

Independent examination

The accounts have been independently examined by Nicola Mason, FCA, DChA of MHA Moore and Smalley, Chartered Accountants, who has indicated her willingness to continue in office.

19/04/2021

This report was approved for and on behalf of the Management Committee on …………………… and signed on its behalf

………………………………………

G Krypczyk-Oddy - Chair

-3-

FRIENDS OF THE HARRIS

INDEPENDENT EXAMINERS REPORT

FOR THE YEAR ENDED 31 DECEMBER 2020

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020 which are set out on pages 5 to 10.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

…………………………………………… Nicola Mason FCA, DChA MHA Moore and Smalley Chartered Accountants Preston

20/04/2021 Date: …………………………

-4-

FRIENDS OF THE HARRIS

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020

Note
Income from voluntary sources
Members Subscriptions
Monk Legacy Donation
3
Donations – Former Members
Harris Your Place Donations
3
Events Donations
3
Gift Aid
Income from investments
Bank interest
7
Other receipts
Activities
4
TOTAL RECEIPTS
Charitable expenditure
Gallery developments and exhibitions
5
Administration and support costs
6
TOTAL PAYMENTS
Net receipts/(payments) for the year
Bank balances at 31 December 2019
Bank balances at 31 December 2020
Restricted
Fund
£
-
-
-
19,327
633
-
19,960
-
-
19,960
563
-
563
19,397
57,870
77,267
Unrestricted
Fund
£
2,683
345,661
-
-
-
-
348,344
137
-
348,481
10,000
692
10,692
337,789
16,104
353,893
Total Funds
2020
£
2,683
345,661
-
19,327
633
-
368,304
137
-
368,441
10,563
692
11,255
357,186
73,974
431,160
Total Funds
2019
£
2,490
-
435
9,805
383
449
13,562
406
1,495
15,463
10,000
1,676
11,676
3,787
70,187
73,974

-5-

FRIENDS OF THE HARRIS

STATEMENT OF ASSETS AND LIABILITIES

AS AT 31 DECEMBER 2020


Bank and cash balances
Bank current account
Skipton Building Society A/c
Skipton Bond
Museum activities account
Assets
Debtors
Liabilities
Expense creditor
Restricted
Fund
£
21,700
55,567
-
-
77,267
145
-
Unrestricted
Fund
£
253,893
-
100,000
-
353,893
35
(162)
Total Funds
2020
Total Funds
2019
£
£
275,593
18,013
55,567
55,430
100,000
-
-
531
431,160
73,974
180
-
(162)
(223)

DECLARATION

The receipts and payments account for the year ended 31 December 2020 and the statement of assets and liabilities at that date are approved by the Committee.

19/04/2021

Signed for and on behalf of the Committee on ……………………………

……………………………………………. ……………………………………………. M C Turner - Treasurer G Krypczyk-Oddy - Chair

-6-

FRIENDS OF THE HARRIS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020

1 Accounting policies

These accounts have been prepared on the receipts and payments basis and in accordance with applicable accounting standards.

There have been no changes to the methods of accounting since last year.

2 Trustees

No remuneration or other benefits were paid to the charity’s Trustees or people connected with them. Trustees’ expenses of £Nil (2019: £25) were reimbursed during the year.

There were no other related party transactions in the year.

3 Donations and grants

Restricted
Harris Your Place
Event Donations
Unrestricted
Monk Legacy Donation
Gift aid
Other donations
Total
2020
£
19,327
633
19,960
345,661
-
-
345,661
365,621
2019
£
9,805
383
10,188
-
449
435
884
11,072

£315,000 of the unrestricted funds have been designated by the trustees to the Harris Your Place capital project.

4 Activities

Income – Restricted
Total
2020
£
-
-
2019
£
1,495
1,495

The Activities bank account was closed at the beginning of the year and the balance transferred to the current account.

-7-

FRIENDS OF THE HARRIS

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2020

5 Gallery development and exhibitions

Restricted
PCC Event transfer
Harris Event costs
Unrestricted
Contribution to Harris Museum & Art Gallery
Total
dministration and support costs - Unrestricted
Unrestricted
Administration expenses
Independent examination
Legal fees - constitution
Subscription to BAFM
Finance costs
Restricted
Event Expenditure
2020
£
383
180
10,000
10,563
2020
£
322
162
-
100
108
692
-
692
2019
£
-
-
10,000
10,000
2019
£
323
156
810
90
-
1,379
297
1,676

6 Administration and support costs - Unrestricted

-8-

FRIENDS OF THE HARRIS

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2020

7 Bank interest

Bank interest
2020 2019
£ £
Bank interest 137 406

8 Funds

2020:
Balance brought forward
Receipts
Payments
Transfers
Balance carried forward
2019:
Balance brought forward
Receipts
Payments
Transfers
Balance carried forward
Acquisition
Fund
Harris
Your
Place
Events
Donations
Designated fund
– Harris Your
Place
General Purpose
Fund
Total Cash
Balances
4,435
53,052
383
-
16,104
73,974
-
19,327
633
315,000
33,481
368,441
-
-
(563)
-
(10,692)
(11,255)
4,435
72,379
453
315,000
38,893
431,160
-
-
-
-
-
4,435
72,379
453
315,000
38,893
431,160
Acquisition
Fund
Harris
Your
Place
Events
Donations
General Purpose
Fund
Total Cash
Balances

4,435
41,752
297
23,703
70,187
-
11,300
383
3,780
15,463
-
-
(297)
(11,379)
(11,676)
4,435
53,052
383
16,104
73,974
-
-
-
-
-
4,435
53,052
383
16,104
73,974
Total Cash
Balances
73,974
368,441
(11,255)
431,160
-
431,160

Restricted fund – The Acquisitions Fund

This fund contains income which has been received by the Friends specifically to support the acquisition of objects by the Harris Museum & Art Gallery or income which the Trustees have chosen to designate for acquisitions.

-9-

FRIENDS OF THE HARRIS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020

This fund contains donations and contributions from funders towards the Harris’ capital development. It incorporates the funds received from the E. C. Dickson Charitable Trust in 2017 previously held in the Re-Imagining the Harris Fund.

This year’s receipts include the following donations:

H&A Bridges Charity £3,000
Ecclesiastical Movement £1,000
Anonymous Donation £2,000
Anonymous Donation £10,000

This fund contains donations received at Harris events to support further Harris Events.

Designated fund - Harris Your Place

Unrestricted general-purpose fund

Unrestricted fund which can be used to finance any of the objects of the charity.

-10-

Charity number : 503726

The Harris Museum Market Square Preston PR1 2PP

MHA Moore and Smalley Richard House 9 Winckley Square Preston PR1 3HP

Dear Sirs

Financial statements for the year ended 31 December 2020

The following representations are made on the basis of enquiries of management and staff with relevant knowledge and experience such as we consider necessary in connection with your independent examination of the charity’s financial statements for the year ended 31 December 2020. These enquiries have included inspection of supporting documentation where appropriate and are sufficient to satisfy ourselves that we can make each of the following representations. All representations are made to the best of our knowledge and belief.

General

Assets and liabilities

Page 2

Accounting estimates

Legal claims

Laws and regulations

Related parties

Subsequent events

Going concern

Grants and donations

Yours faithfully

………………………………………… Trustee

On behalf of the board of trustees

19/04/2021 Date

…………………………………