COMPANY REGISTRATION NUMBER: 1705930 CHARITY REGISTRATION NUMBER: 513745
Ashby-de-la-Zouch Museum Company Limited by Guarantee
Unaudited Financial Statements 31 March 2025
Simon Aked
Treasurer Ashby Museum North Street Ashby de la Zouch Leicestershire LE65 1HU
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
| Page | ||
|---|---|---|
| Trustees' annual report (incorporating the director's report) | 1 to 3 | |
| Treasurer's report to the trustees | 4 | |
| Statement of financial activities (including income and expenditure | account) | 5 |
| Statement of financial position | 6 to 7 | |
| Notes to the financial statements | 8 to 16 | |
| The following pages do not form part of the financial statements | ||
| Detailed income and expenditure account | Appendix 1 | |
| Notes to the detailed statement of financial activities | Appendix 2 |
Page 1
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2025
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.
Reference and administrative details
Registered charity name Ashby-de-la-Zouch Museum Charity registration number 513745 Company registration number 1705930 Principal office and registered office North Street Ashby de la Zouch Leicestershire LE65 lHU
The trustees
Mr K Hillier BA MA Mr S Aked (Treasurer) Mrs J P Barwood Mr I K Hallam Mr K W Greenhow Mr J Wilson Ms C Jeffrey-Evans
Company secretary
Mr J Wilson
Structure, governance and management
The organisation is a charitable company limited by guarantee, incorporated on 11 March 1983 and registered as a charity on 23 May 1983.
Page 2
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Structure, governance and management (continued)
A board of Trustees of up to fifteen members, who meet quarterly, administer the charity. At each Annual General Meeting one-third of the Trustees retire from office, but are eligible for re-election at that Annual General Meeting.
Working parties selected from the Trustees undertake the study of various proposals and projects and report to the board at those meetings.
Mr Simon Aked, as Treasurer, has, throughout the year, been responsible for the day to day management of the general funds of the Museum, the Museum Development Fund and the other Restricted funds.
Risk management
The Trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems are in place so that the necessary steps can be taken to lessen these risks.
Reserves Policy
It is the policy of the charity to endeavour to maintain sufficient unrestricted funds, which are the reserves of the charity, to ensure that the charity is able to meet its day to day unrestricted expenditure. The majority of the grant income which, in earlier years, had been receivable at the commencement of the financial year, is now received quarterly, so as to enable the Ashby de la Zouch Town Council to better manage its cashflow. Unrestricted funds have been maintained at an appropriate level throughout the year.
Objectives and activities
The company is a charity and its principal activity is the provision of a Museum. In this way, the company achieves its object to advance the education of the public in Ashby-de-la-Zouch in Leicestershire and the surrounding area and to foster and encourage the conservation and better understanding of the material heritage of mankind and the environment for the public benefit.
The Trustees review the Museum's aims, objectives and activities each year. This review looks at what has been achieved during the year, ensuring that the aims, objectives and activities remain focused on the charity's principal purpose. In carrying out these reviews and in all their duties, the Trustees have paid full regard to the public benefit guidance issued by the Charity Commission.
Achievements and performance
The temporary exhibitions in 2024 kept up their excellent standard, focusing on the surrounding villages of Breedon and Blackfordby, produced by the villages, and the usual two month display on local Archaeology. The first exhibition in 2025 was on local Motte and Bailey Castles. The display boards, kindly loaned by the Count Council, were accompanied by short videos on eight of the castles. In March, Lisa Smith from Kidderminster put on a wonderful display of her miniature dolls, dressed in stunningly accurate costumes from Anglo Saxon days to the 1980s. Our Sales of books and other material was steady throughout the year and included a reprint of the successful 'Courts of Ashby' by Josh Bancroft. There were the usual Walks around the town during the Summer and the Museum had a gazebo at the Tractor Jim Fun Day on the Bath Grounds in July. There were several outreach Talks given to local institutions and the biennial Quiz held at Packington in the Autumn. The Archives and Artefacts volunteers continued their inputting of material, including scores of photographs onto Modes. The total number of items on Modes now exceeds 2,500. The A/V recordings are being digitised where needed. The new Website came online and imagery across the site is regularly refreshed. The Museum faces huge increases in Utility costs but continues to survive thanks to the hard work and dedication of its Trustees and all the other Volunteers.
Page 3
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Financial review
This has again been a difficult year with the largest problem being the significant increase in the cost of power. I have left that sentence in from last year as it applies equally to this. In addition, we are facing the reduction and ultimate loss of grant aid from NWLDC; so rising costs and falling income.
The Trustees determined last year to pursue alternative sources of grants and donations and this has been successful, increasing our income from both. In addition, the Trustees have looked at additional revenue sources with income from NWLDC Lottery coming on stream along with sales from the new website. The result is the Museum has a range of income streams, none of which are large, but put together have made for a stable income.
Overall, the financial position of the Museum has improved through the year in spite of the challenges.
The Trustees, as always, are grateful to all the volunteers linked to Ashby Museum - for both their time and effort in maintaining the Museum in good order.
Plans for future periods
Looking to the future; the challenges remain the same, that of rising costs and loss of grant aid.
The Trustees will need to continue to take advantage of all opportunities for grant aid, donations and increasing or new income streams.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on
and signed on behalf of the board of trustees by:
Mr K A Hillier BA MA Trustee
Ms C Jeffrey-Evans Trustee
Page 4
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Treasurer's Report to the Trustees of Ashby-de-la-Zouch Museum
Year ended 31 March 2025
I report to the trustees on my examination of the financial statements of Ashby-de-la-Zouch Museum ('the charity') for the year ended 31 March 2025.
Responsibilities and basis of report
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is also not needed.
Treasurer's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
S Aked (Treasurer) Ashby Museum North Street Ashby de la Zouch Leicestershire LE65 1HU
Page 5
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 March 2025
| Notes Income and endowments Donations and legacies 5 Charitable activities 6 Other trading activities 7 Investment income 8 Total income Expenditure Expenditure on raising funds: Costs of other trading activities 9 Expenditure on charitable activities 10,11 Otherexpenditure 13 Total expenditure Net (expenditure)/income and net movement in funds Reconciliationoffunds Total funds brought forward Total funds carried forward |
2025 2024 Unrestricted funds Restricted funds Total fundsTotal funds £ £ £ £ 20,600 1,000 21,600 11,740 1,844 1844 1,412 4,011 4011 3,085 34 34 40 |
|---|---|
| 26,489 1,000 27,489 16,301 |
|
| 857 857 1,357 21,359 21,359 19,034 1,905 1,905 2,386 |
|
| 24,121 24,121 22,777 |
|
| 2,368 2,368 (6,476) |
|
| 66,561 24,492 91,053 94,161 |
|
| 68,929 24,492 93,421 87,685 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 8 to 16 form part of these financial statements.
Page 6
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Statement of Financial Position
Year ended 31 March 2025
| Note Fixedassets Tangible fixedassets 16 Heritageassets 17 Current assets Stocks 18 Debtors 19 Cashat bank and in hand Creditors: amounts falling due within one year 20 Net current assets Total assets less current liabilities Netassets Funds ofthe charity Restricted funds Unrestrictedfunds Total charity funds 21 |
2025 £ 2,855 695 6,563 |
£ 10,739 70,526 |
2024 £ 3,132 695 1,524 |
£ 12,063 70,526 |
|---|---|---|---|---|
| 81,265 9,788 |
82,589 5,097 |
|||
| 10,113 (325) |
5,351 254 |
|||
| 81,265 | 87,685 | |||
| 91,053 | 87,685 | |||
| 24,492 66,561 |
23,874 63,811 |
|||
| 91,053 | 87,685 |
For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
The statement of financial position continues on the following page.
The notes on pages 8 to 16 form part of these financial statements.
Page 7
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Statement of Financial Position (continued)
Year ended 31 March 2025
These financial statements were approved by the board of trustees and authorised for issue on , and are signed on behalf of the board by:
Mr K A Hillier BA MA Trustee
Ms C Jeffrey Evans Trustee
The notes on pages 8 to 16 form part of these financial statements.
Page 8
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Notes to the Financial Statement
Year ended 31 March 2025
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is North Street, Ashby de la Zouch, Leicestershire, LE65 1HU.
2. Statement of compliance
- These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
(a) Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
- (b) Going concern
The Trustees consider that the General Reserves are sufficient to continue the limited operation of the Museum and that, therefore, it is appropriate for the accounts to be prepared on a going concern basis.
- (c) Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, no cash flow statement has been presented for the company.
(d) Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires the trustees to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Accounting estimates and assumptions are made concerning the future and, by their nature, despite the best efforts of the trustees, will rarely equal the related actual outcome.
(e) Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal.
Page 9
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Notes to the Financial Statement (continued)
Year ended 31 March 2025
3. Accounting policies (continued)
(f) Incoming resources
All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impracticable to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of goods or services is recognised with the delivery of the goods or contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
(g) Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
(h) Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
(i) Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Page 10
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Notes to the Financial Statement (continued)
Year ended 31 March 2025
3. Accounting policies (continued)
(j) Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures & Fittings - 15% reducing balance Equipment - 15% reducing balance
(k) Heritage assets
Heritage assets are initially recorded at acquisition cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
However, the trustees consider that the value of these assets is equivalent to the historical cost and, as such, consider that depreciation should not be provided.
Where information on the cost or value of an asset is not available and cannot be obtained at a cost which is commensurate with the benefits to users of the financial statements, the asset shall not be recognised in the statement of financial position.
(l) Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
(m) Stocks
Stocks are measured at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
(n) Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or parable including any related transaction costs.
4. Limited by guarantee
The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of a winding-up is limited to £1.
Page 11
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Notes to the Financial Statement (continued)
Year ended 31 March 2025
5. Donations and legacies
| 5. | Donations and legacies | |||||
|---|---|---|---|---|---|---|
| Unrestricted Restricted funds |
Total funds |
|||||
| funds | 2025 | |||||
| Donations | £ | £ | £ | |||
| Donations | 6,641 | 1,000 | 7,641 | |||
| Grants | ||||||
| NationalLottery and other grants | ||||||
| Local authoritygrantsfor core funding | 13,959 | 13,959 | ||||
| 20,600 | 1,000 | 21,600 | ||||
| Unrestricted Restricted funds |
Total funds |
|||||
| funds | 2024 | |||||
| Donations | ||||||
| Donations | 1,603 | 1,603 | ||||
| Grants | ||||||
| NationalLottery and other grants | 2,156 | 2,156 | ||||
| Local authoritygrantsfor core funding | 10,460 | 10,460 | ||||
| 12,063 | 2,156 | 14,219 | ||||
| 6. | Charitable activities | |||||
| Unrestricted | Total funds | Unrestricted | Total funds | |||
| funds | 2025 | funds | 2024 | |||
| £ | £ | £ | £ | |||
| Admission fees | 1,844 | 1,844 |
1,412 | 1,412 | ||
| 7. | Othertradingactivities | |||||
| Unrestricted | Total funds | Unrestricted | Total funds | |||
| funds | 2025 | funds | 2024 | |||
| £ | £ | £ | £ | |||
| Shop income | 2,037 | 2,473 | 2,473 | |||
| Other activities for generating funds | 1,974 | 612 | 612 | |||
| 4,011 | 3,085 | 3,085 |
8. Investment income
| vestment income | |
|---|---|
| Bank interest receivable Bank interest receivable |
Unrestricted funds Restricted funds Total funds 2025 £ £ £ 34 34 |
| Unrestricted funds Restricted funds Total funds 2024 £ £ £ 40 24 64 |
Page 12
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Notes to the Financial Statement (continued)
Year ended 31 March 2025
9. Costs of other trading activities
| 9. | Costs of other trading activities | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total funds | ||||
| funds | funds | 2025 | ||||
| £ | £ | £ | ||||
| Cost of other trading activities – shop costs | 857 | 857 | ||||
| Unrestricted funds | Restricted | Total funds | ||||
| funds | 2024 | |||||
| £ | £ | £ | ||||
| Cost of other trading activities – shop costs | 1,357 | 1,357 | ||||
| 10. | Expenditure on charitable activities byfund type | |||||
| Unrestricted | Restricted | Total funds | ||||
| funds | funds | 2025 | ||||
| £ | £ | £ | ||||
| Conservation of heritage assets | ||||||
| Upkeep and maintenance of the property | 18,010 | 18,010 | ||||
| Administration costs | 3,349 | 3,719 | ||||
| Support costs | ||||||
| 21,359 | 21,729 | |||||
| Unrestricted | Restricted | Total funds | ||||
| funds | funds | 2024 | ||||
| £ | £ | £ | ||||
| Conservation of heritage assets | ||||||
| Upkeep and maintenance of the property | 16.122 | 16.122 | ||||
| Administration costs | 9,734 | 1,864 | 11,598 | |||
| Support costs | 13 | 13 | ||||
| 25,869 | 1,864 | 27,733 | ||||
| 11. | Expenditureon charitable activitiesbyactivitytype | |||||
| Activities | Support | Total funds | Total funds | |||
| undertaken | directly | costs | 2025 | 2024 | ||
| £ | £ | £ | £ | |||
| Conservation of heritage assets | ||||||
| Upkeep and maintenance of the property | 18,010 | 18,010 | 16,122 | |||
| Administration costs | 3,349 | 3,349 | 11,598 | |||
| Governance costs | 13 | |||||
| 21,359 | 21,359 | 27,733 |
Page 13
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Notes to the Financial Statement (continued)
Year ended 31 March 2025
12. Other expenditure
| her expenditure | |||
|---|---|---|---|
| Unrestricted | Restricted | Total funds | |
| funds | funds | 2025 | |
| £ | £ | £ | |
| Loss on disposal of tangible fixed assets held for | |||
| charity’s own use | 6 | 3 | 9 |
| Unrestricted funds | Restricted | Total funds | |
| funds | 2024 | ||
| £ | £ | £ | |
| Loss on disposal of tangible fixed assets held for | |||
| charity’s own use | 20 | 238 | 258 |
| t (expenditure)/income | |||
| Net (expenditure)/income is stated after charging/(crediting) | |||
| 2025 | 2024 | ||
| £ | £ | ||
| Depreciation of tangible fixed assets | 1,895 | 2,129 | |
| Loss on disposal of tangible fixed assets | 9 | 258 |
13. Net (expenditure)/income
14. Staff costs
Ashby-de-la-Zouch Museum does not employ any paid staff. All work is performed by volunteers.
15. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity were received by the trustees.
16. Tangible fixed assets
| Cost As at 1 April 2024 Additions Disposals As at 31 March 2025 Disposals As at 1 April 2024 Charge for the year Disposals As at 31 March 2025 Carrying amount at 31 March 2025 At 31 March 2025 |
Fixtures and fittings Equipment Total £ £ £ 48,081 27,899 75,980 540 41 581 (21) (80)) (101) |
|---|---|
| 48,600 27,860 76,460 |
|
| 41,125 22,792 63,917 |
|
| 1,123 772 1,895 (15) (76) (91) |
|
| 42,233 23,468 65,721 |
|
| 6,367 4,373 10,739 |
|
| 6,367 4,373 10,739 |
Page 14
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Notes to the Financial Statement (continued)
Year ended 31 March 2025
17. Heritage assets
Heritage assets are tangible fixed assets of local, historical, artistic or scientific importance that are held to advance the preservation and conservation objectives of the charity.
Heritage assets are continuously and actively sought by the trustees and may be purchased or acquired by donation. It is the major objective of the Museum to preserve and manage these assets, to display them in the public areas, so far as available space permits. Schedules of heritage assets are maintained and updated by the trustees.
| Cost or valuationat 1 April 2024 Additions At 31 March 2025 Accumulated depreciation at 1 April 2025 and 31 March 2025 Carrying amount at 31 March 2025 At 31 March 2024 |
Heritage Assets £ 70,526 |
|---|---|
| 70,526 | |
| 70,526 | |
| 70,526 |
All heritage assets are disclosed in the movements table at historical cost.
Summary of transactions
Heritage assets acquired over many years were reintroduced as Tangible Fixed Assets at the FRS 102 transition date of 1 April 2015; these heritage assets were valued at historical cost, where such information was available, and amounted to £67,624.
Further assets totaling £* have been acquired since transition.
18.
Stocks
| 18. Stocks |
|
|---|---|
| Shop stock 19. Debtors Prepayments and accrued income 20. Creditors: amounts falling due within one year Accruals and defered income |
2025 2024 £ £ 2,855 3,457 |
| 2025 2024 £ £ 695 592 |
|
| 2025 2024 £ £ 325 275 |
Page 15
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Notes to the Financial Statement (continued)
Year ended 31 March 2025
21. Analysis of charitable funds
Unrestricted funds
| General Fund Heritage Assets Fund Other Designated Funds General Fund Heritage Assets Fund Other Designated Funds Restricted funds Heritage Assets Fund Other Restricted Funds Heritage Assets Fund Other Restricted Funds |
At 1 April 2024 Income Expenditure Transfers At 31 March 2025 £ £ £ £ £ 498 27,350 (23,633) (370) 3,845 55,369 55,369 7,946 527 (2,187) 370 6,656 |
|---|---|
| 63,813 27,877 (25,820) 65,870 |
|
| At 1 April 2023 Income Expenditure Transfers At 31 March 2024 £ £ £ £ £ 4,253 15,236 (18,159) 498 55,345 24 55,369 8,038 1,081 (2,007) 833 7,946 |
|
| 67,636 16,341 (20,116) 63,813 |
|
| At 1 April 2024 Income Expenditure Transfers At 31 March 2025 £ £ £ £ £ 15,157 15,157 9,850 4,101 (1,215) 13,951 |
|
| 25,007 29,108 |
|
| At 1 April 2023 Income Expenditure Transfers At 31 March 2024 £ £ £ £ £ 15,650 15,157 22,789 2,266 (3,716) 9,850 |
|
| 38,439 2,266 (3,716) 25,007 |
22. Operating lease commitments The total future minimum lease payments under non-cancellable operating leases are as follows:
| 2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | |||
| Not later than | 1 | year | 9000 | 9000 |
Page 16
Ashby-de-la-Zouch Museum
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2025
The following pages do not form part of the financial statements.