2021-03-31-accounts

				Page	Page
Trustees'	annual report (incorporating	the director's report)		1to3
Independent examiner's report to the		trustees
Statement	offinancial activities (including		income and expenditure
account)
Statement	offinancial position			6to7
Notes to	the financial statements			8to	16
The following pages do not form part ofthe financial statements
Detailed	income and expenditure account			Appendix	1
Detailed	analysis offunds			Appendix	2

					2021		2020
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note
Income and endowments
Donations and legacies Charitable activities				22,354 52	4,976	27@30 52	14,409 890
Other trading activities Investment income				578 32	24	578 56	3,559 90
Total income				23,016	5,000	28,016	18,948
Expenditure
Expenditure on raising funds:
Costs ofraising donations and legacies Costs ofother trading activities Expenditure on charitable activities Other expenditure			9 10 11,12 14	197 16,872	1,707 310	197 18,579 310	50 857 19,041 102
Total expenditure				17,069	2,017	19,086	20,050
Net income/(expenditure) in funds	and	net	movement	5,947	2,983	8,930	(1,102)
Reconciliation offunds
Total funds brought forward				58,483	44,154	102,637	103,739
Total funds carried forward				64,430	47,137	111,567	102,637

			31M	arch 2{l21
				2021		2020
			Note
Fixed assets
Tangible fixed assets			19		15,931		18,141
Heritage assets			20		70,444		70,435
					86@75		88,576
Current assets
Stocks			21	3@36		3,346
Debtors			22	1,014		912
Cash at bank	and in hand			21,047		10,008
				25+97		14,266
Creditors: amounts		falling due within
one year			23	205		205
Net current	assets				25,192		14,061
Total assets	less current liabilities				111,567		102,637
Net assets					111,567		102,637
Funds ofthe	charity
Restricted funds					47,137		44,154
Unrestricted	funds				64,430		58,483
Total charity	funds		24		111,567		102,637

								Unrestricted	Restricted	Total Funds
								Funds	Funds	2021
	Donations
	Donations							107		107
	Grants
	National Lottery				and other grants			13,247	4,976	18,223
	Local authority				grants for core	funding		9,000		9,000
								22,354	4,976	27@30
								Unrestricted	Restricted	Total Funds
								Funds	Funds	2020
	Donations
	Donations							531		531
	Grants
	National Lottery				and other grants			500	1,458	1,958
	Local authority			grants for core		funding		11,920		11,920
								12,951	1,458	14,409
6.	Charitable	activities
							Unrestricted	Total Funds	Unrestricted	Total Funds
							Funds	2021	Funds	2020
	Admission	fees						52	890	890
7.	Other trading			activities
							Unrestricted	Total Funds	Unrestricted	Total Funds
							Funds	2021	Funds	2020
	Shop income						578	578	1,756	1,756
	Other activities			for generating		funds			1,803	1,803
							578	578	3,559	3,559
8.	Investment		income
								Unrestricted	Restricted	Total Funds
								Funds	Funds	2021
	Bank interest		receivable					32	24	56
								Unrestricted	Restricted	Total Funds
								Funds	Funds	2020
	Bank interest		receivable					51	39	90

9.	Costs ofraising donations				and legacies
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2021	Funds	2020
	Fundraising	costs						50	50
10.	Costs ofother trading			activities
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2021	Funds	2020
	Costs ofother		trading activities - Shop
	costs					197	197	857	857
11.	Expenditure		on charitable		activities by fund type
							Unrestricted	Restricted	Total Funds
							Funds	Funds	2021
	Upkeep and maintenance Administration costs			ofthe property			13,358 3,501	1,707	13@58 5+08
	Support costs						13		13
							16,872	1,707	18,579
							Unrestricted	Restricted	Total Funds
							Funds	Funds	2020
	Upkeep and	maintenance		ofthe property			13,903		13,903
	Administration		costs				3,273	1,852	5,125
	Support costs						13		13
							17,189	1,852	19,041
12.	Expenditure		on charitable		activities by activity type
						Activities
						undertaken		Total funds	Total funds
						directly	Support costs	2021	2020
	Upkeep and	maintenance		ofthe property		13,358		13+58	13,903
	Administration		costs			5,208		5,208	5,125
	Governance	costs					13	13	13
						18,566	13	18,579	19,041
13.	Analysis of	support costs
							Company
							secretarial
							services	Total 2021	Total 2020
	Governance	costs					13	13	13

		Restricted	Total Funds	Restricted	Total Funds
		Funds	2021	Funds	2020
(Gain)/loss on disposal oftangible fixed
assets held for charity's own use		310	310	102	102
Net income/(expenditure)
Net income/(expenditure)	is stated after	charging/(crediting):
				2021	2020
Depreciation oftangible	fixed assets			2,811	3,202
Loss on disposal oftangible fixed assets				310	102

Tangible f	ixed assets
		Fixtures and
		fittings	Equipment	Total
Cost
At 1 April	2020	49,177	31,397	80,574
Additions		120	926	1,046
Disposals			(3,264)	(3,264)
At 31March 2021		49,297	29,059	78+56
Depreciation
At 1 April	2020	39,009	23,424	62,433
Charge for	the year	1,543	1,268	2,811
Disposals			(2,819)	(2,819)
At 31March 2021		40,552	21,873	62,425
Carrying	amount
At 31March 2021		8,745	7,186	15,931
At 31March 2020		10,168	7,973	18,141

updated by th	e trustees.
		Heritage
		assets
Cost or valuation
At I April 2020		70,435
Additions		9
At 31March	2021	70,444
Accumulated	depreciation
At 1April 2020and 31March 2021
Carrying amount
At 31March	2021	70,444
At 31March	2020	70,435

21.	Stocks
					2021	2020
	Shop stock				3+36	3,346
22.	Debtors
					2021	2020
	Prepayments	and accrued income			1&014	912
23.	Creditors: amounts		falling due within	one year
					2021	2020
	Accruals and deferred		income		205	205

						At
		At				31March 202
		1 April 2020	Income	Expenditure	Transfers	1
General Fund		1,861	22,987	(16,857)	391	8,382
Heritage Assets Fund		55,164	28		(400)	54,792
Other Designated	Funds	1,458	1	(212)	9	1,256
		58,483	23,016	(17,069)		64,430
		At				At
		1 April 2019	Income	Expenditure	Transfers 31March 2020
General Fund		3,319	17,402	(17,846)	(1,014)	1,861
Heritage Assets Fund		54,013	48		1,103	55,164
Other Designated	Funds	1,796	1	(250)	(89)	1,458
		59,128	17,451	(18,096)		58,483
Restricted funds
						At
		At				31March 202
		1 April 2020	Income	Expenditure	Transfers	1
					f.
Heritage Assets Fund Other Restricted Funds		15,235 28,919	408 4,592	(2,017)		15,643 31,494
		44,154	5,000	(2,017)		47,137
		At				At
		1 April 2019	Income	Expenditure	Transfers	31March 2020
Heritage Assets Fund Other Restricted Funds		15,222 29,389	13 1,483	(1,953)		15,235 28,919
		44,611	1,496	(1,953)		44,154

Analysis ofnet as	sets between funds
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
Tangible fixed assets		62,233	24,142	86,375
Current assets		2,197	22,995	25,192
Creditors less than	1 year
Net assets		64,430	47,137	111,567
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
Tangible fixed assets		62,875	25,701	88,576
Current assets			18,453	18,453
Creditors less than	1 year	(4,392)		(4,392)
Net assets		58,483	44,154	102,637

				2021
Admission fees Grants and donations					52 27+30		$90 14,48
Bank interest					56		90
Other income							1,$03
Surplus on sale ofliterature		and	souvenirs		382		$99
					27,820		18,091
DEDUCT
Rent				9,000		9,000
Insurance				930		945
Light and heat				1,419		2,181
Museum development	costs, including
Property repairs and	maintenance			2,009		1,777
Miscellaneous fundraising		costs				50
Stationery, postage and printing				308		525
Advertising				460		179
Subscriptions				411		586
Sundry expenses				902		384
Telephone and broadband				330		263
Depreciation				2,811		3,201
(Profit)/Loss on disposal offixed assets				310		102
					18,890		19,193
Surplus/(Deficit) for	the year				8,930		(1,102)
Accumulated Reserves	brought		forward		102,637		103,739
Accumulated Reserves carried			forward		111,567		102,637

RESTRICTED IN	CO	ME FUNDS
			Balance at 1				Balance at31
			A~rd 2020	Income	~Ex eediiere	Transfers	March 2021
				f.
Heritage Assets			15/35	408			15,643
Museum Development		Fund	13,529	7	615		12,921
ITFund			3,764	2	400		3/66
Education Fund			4,227	2	120		4,109
VAQAS Grant re New		Signage	945	1	24		922
Grant for Oral History		Project	24		3		21
MLA Renaissance East Midlands
towards film			1,567		120		1,448
The Edith Murphy	Foundation		203		29		174
Dolly Shepherd fund towards Baths
Buildings Audio			240		34		206
Shire Grant towards	Silverware
Showcase			120		18		102
FOAM Grant towards Pocket Watch
Showcase			240		34		206
Operations Consultancy		Grant	195				195
Grant towards Till			413		60		353
Leadership Training Fund			359				359
Fund for Displays			3,093	1	360		2,734
Grant towards The	Earth Museum			200	200
Museum Accreditation		Fund		2,001			2,001
Digital Experience	Fund			2477			2477
			44,154	5,000	2,017		47,137

UNRESTRICTED INCOME	FUNDS
	Balance at 1				Balance at31
	~Arrl 2ll20	Income	~Kx eediiere	Transfers	March 2021
		g		g
Heritage Assets	55,164	28		(400)	54,792
Oral History Project	24				21
Fund for model ofAshby Castle				9
Ashfield Iu2Focus funds
designated to Museum
Improvements	141		20		121
Fund for Displays	1,293	1	180		1,114
General Fund	1,861	22,987	16,857	391	8,382
	58,483	23,016	17,069		64,430