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