**REGISTERED COMPANY NUMBER: 01814110 (England and Wales) REGISTERED CHARITY NUMBER: 515399** ## REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 FOR ## WIRKSWORTH HERITAGE CENTRE Mills & Black Derwent House 141-145 Dale Road Matlock Derbyshire DE4 3LU WIRKSWORTH HERITAGE CENTRE ## CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2021 |||Page|| |---|---|---|---| |Report of the Trustees|1|to|2| |Independent Examiner's Report||3|| |Statement of Financial Activities||4|| |Balance Sheet|5|to|6| |Notes to the Financial Statements|7|to|16| |Detailed Statement of Financial Activities|17|to|18| WIRKSWORTH HERITAGE CENTRE ## REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 December 2021 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and Activities** The company is a registered charity established to advance by all such means as are charitable in law, education in, research into and knowledge and interpretation of the history and development of the town of Wirksworth in Derbyshire, for the benefit of the public in general and the inhabitants of Derbyshire in particular and for such purposes to establish a heritage centre in Wirksworth with museum and related educational activities. The "collection" consists largely of items and artefacts which have been donated to the centre on the understanding that they will be accessioned as part of the permanent museum collection. Grants from National Lottery Heritage Fund, Arts Council England and Derbyshire Dales District Council funded the losses incurred from closures due to the COVID-19 virus until the centre re-opened in April 2021. During the year the trustees continued to provide charitable services to members of the public and organisations, all of whom have met the trustees' criteria for the provision of such. The trustees have complied with their duty in Section 117 of the Charities Act 2016 to have due regard to public benefit guidance published by the Commission. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** The major items from the collection were again on display in Galleries 1-3 from the reopening alongside temporary exhibitions in Gallery 4 including several of the woolly rhino bones discovered in Wirksworth's Dream Mine in 1822. The programme for display of important items from other museums will continue, with the Henry VIII Miners' Standard measuring dish scheduled for 2022. ## **FINANCIAL REVIEW** ## **Risk management** The Council of Management reviews the major risks which the charity faces on a regular basis and believes that maintaining reserves at current levels, combined with an annual review of the controls over financial systems, will provide sufficient resources. Council has also examined other operational and business risks faced by the charity and confirms that it has established systems to mitigate the significant risks. ## **Transactions and financial position** The Statement of Financial Activities shows net expenditure of £81,805 (2021: net income of £174,865). Income includes a management recharge to the trading subsidiary, in 2021 this totalled £48,381 (2020: £21,755). As at 31 December 2021 the trading subsidiary owed the charity £93,267 (2020: £88,817). The trustees are aware that if the subsidiary fails to make a profit in the near future they must plan as to how the trading subsidiary will repay the monies that it owes to the Wirksworth Heritage Centre. ## **Going concern** The trustees have not produced a cashflow which shows the charity as liquid in 12 months' time from the signing of the financial statements. Without the continued support of the National Lottery Heritage Fund, the Arts Council and other generous donors it is unlikely that the charity will be able to continue its operations. ## **Reserves** The receipt of COVID-19 support grants in 2020 and 2021 means that the present level of reserves is adequate to support the continuing activities of the charity and the Council of Management considers the financial position of the charity as at the year end to be satisfactory. Page 1 WIRKSWORTH HERITAGE CENTRE ## REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 December 2021 ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The charity is constituted as a company limited by guarantee and is therefore governed by a Memorandum and Articles of Association. The company was incorporated on 4 May 1984. In the event of the company being wound up every member is required to contribute an amount not exceeding £1. ## **Council of Management** The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles of Association are known as the Council. The Articles provide for a minimum of three Council members in addition to the Honorary Secretary and Honorary Treasurer, all of whom must be members of the charity. The Council may at any time co-opt any person qualified for appointment to fill a vacancy in their number, but a co-opted member holds office only until the next annual general meeting and shall then be eligible for re-appointment. Council members may be appointed or removed by ordinary resolution of the charity. Council meets from time to time as required and is responsible for carrying out the whole of the business of the charity. The company has not entered into any contract in which a member of Council has an interest. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 01814110 (England and Wales) ## **Registered Charity number** 515399 ## **Registered office** 31 St John's Street Wirksworth Derbyshire DE4 4DS ## **Trustees** Mrs S Barkley - Smith Miss A E Lindsay Honorary treasurer Mrs J Ferguson Lee (Chair) Mr B Hebron (resigned 31.1.22) Mr M Galer (resigned 2.1.21) Ms N Lamb ## **Independent Examiner** Mills & Black Derwent House 141-145 Dale Road Matlock Derbyshire DE4 3LU Approved by order of the board of trustees on 27 October 2022 and signed on its behalf by: Mrs J Ferguson Lee - Trustee Page 2 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WIRKSWORTH HERITAGE CENTRE ## **Independent examiner's report to the trustees of Wirksworth Heritage Centre ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner'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: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts 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 4. the accounts 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. I M Hayes FCA Mills & Black Derwent House 141-145 Dale Road Matlock Derbyshire DE4 3LU 2 December 2022 Page 3 WIRKSWORTH HERITAGE CENTRE ## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 December 2021 |Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**Charitable activities**
Rental income
Miscellaneous income
Events
Museum
Investment income
3
**Total**
**EXPENDITURE ON**
Raising funds
5
**Charitable activities**
6
Cafe and shop
Events
Museum
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
31,156
143
-
52
5,347
48,386
85,084
-
(62,732)
-
5,580
124,581
67,429
17,655
281,699
299,354|Restricted
funds
£
74,493
-
-
-
-
-
74,493
-
103,679
-
-
70,274
173,953
(99,460)
1,270,811
1,171,351|31.12.21
Total
funds
£
105,649
143
-
52
5,347
48,386
159,577
-
40,947
-
5,580
194,855
241,382
(81,805)
1,552,510
1,470,705|31.12.20
Total
funds
£
401,080
442
928
387
3,024
21,759| |---|---|---|---|---| |||||427,620| |||||7,709
46,754
184
6,878
191,230| |||||252,755| |||||174,865
1,377,645| |||||1,552,510| The notes form part of these financial statements Page 4 WIRKSWORTH HERITAGE CENTRE ## BALANCE SHEET 31 December 2021 |Notes
**FIXED ASSETS**
Tangible assets
12
Investments
13
**CURRENT ASSETS**
Debtors
14
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
15
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year
16
**NET ASSETS**
**FUNDS**
18
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
192,017
1
192,018
102,858
74,793
177,651
(70,315)
107,336
299,354
-
299,354|Restricted
funds
£
1,098,696
-
1,098,696
-
72,655
72,655
-
72,655
1,171,351
-
1,171,351|31.12.21
Total
funds
£
1,290,713
1
1,290,714
102,858
147,448
250,306
(70,315)
179,991
1,470,705
-
1,470,705
299,354
1,171,351
1,470,705|31.12.20
Total
funds
£
1,329,547
1
1,329,548
124,664
205,703
330,367
(64,280)
266,087
1,595,635
(43,125)
1,552,510
281,699
1,270,811
1,552,510| |---|---|---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021. The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements Page 5 continued... WIRKSWORTH HERITAGE CENTRE ## BALANCE SHEET - continued 31 December 2021 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 27 October 2022 and were signed on its behalf by: Mrs J Ferguson Lee - Trustee The notes form part of these financial statements Page 6 WIRKSWORTH HERITAGE CENTRE ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2021 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. The financial statements have been prepared using the going concern basis. However, it is possible the charity may run out of liquid funds within the 12 month period following the date of the signing of these accounts. The charity can only continue as a going concern if grants and donations received are enough to cover the ongoing cost of operations. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Allocation and apportionment of costs** Where appropriate costs have been allocated to specific activities. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery - 20% on reducing balance Fixtures and fittings - 10% on cost Office equipment - 33% on cost In the opinion of the Council of Management, the anticipated useful life of the freehold property is such that no depreciation is required. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. continued... Page 7 WIRKSWORTH HERITAGE CENTRE ## NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2021 ## **2. DONATIONS AND LEGACIES** |Donations
Gift aid
Grants
Membership
Grants received, included in the above, are as follows:
Heritage Lottery Fund
Arts Council
MDEM
Covid-19
General
Heritage Lottery Emergency Funding
Duke of Devonshire
Furlough subsidies
Nottingham City Council
Tarmac
DWP Kickstart
**3.**
**INVESTMENT INCOME**
Management charge
Deposit account interest
Other interest receivable|31.12.21
£
496
805
104,278
70
105,649
31.12.21
£
26,142
20,082
-
17,669
-
100
-
18,022
2,068
12,016
8,179
104,278
31.12.21
£
48,381
-
5
48,386|31.12.20
£
2,493
1,445
396,647
495|31.12.20
£
2,493
1,445
396,647
495| |---|---|---|---| |||401,080|| |||31.12.20
£
103,609
179,988
1,175
11,334
1,000
66,300
1,000
32,241
-
-
-|| |||396,647|| |||31.12.20
£
21,755
3
1
21,759|| ||||21,759| continued... Page 8 WIRKSWORTH HERITAGE CENTRE ## NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2021 |**4.**|**INCOME FROM CHARITABLE ACTIVITIES**|**INCOME FROM CHARITABLE ACTIVITIES**||||| |---|---|---|---|---|---|---| |||||31.12.21||31.12.20| |||Activity||£||£| ||Rental income|Rental income||143||442| ||Advertising revenue|Miscellaneous income|||-|928| ||Events|Events||52||387| ||Admissions to museum|Museum||5,347||3,024| |||||5,542||4,781| |**5.**|**RAISING FUNDS**|||||| ||**Other trading activities**|||||| |||||31.12.21||31.12.20| |||||£||£| ||Opening stock||||-|7,709| |**6.**|**CHARITABLE ACTIVITIES COSTS**|||||| |||||||Direct| |||||||Costs| |||||||£| ||Cafe and shop|||||40,947| ||Museum|||||5,580| |||||||46,527| |**7.**|**SUPPORT COSTS**|||||| |||||Governance||| ||||Finance|costs||Totals| ||||£|£||£| ||Other resources expended||1,791|1,800||3,591| |**8.**|**NET INCOME/(EXPENDITURE)**|||||| ||Net income/(expenditure) is stated after charging/(crediting):|||||| |||||31.12.21||31.12.20| |||||£||£| ||Depreciation - owned assets|||51,725||53,274| continued... Page 9 WIRKSWORTH HERITAGE CENTRE ## NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2021 ## **9. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020. ## **Trustees' expenses** During the year ended 31/12/2021 the trustees' expenses totalled £540 (2020: £nil). ## **10. STAFF COSTS** The average monthly number of employees during the year was as follows: ||31.12.21|31.12.20| |---|---|---| |General|12|11| No employees received emoluments in excess of £60,000. ## **11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Rental income
Miscellaneous income
Events
Museum
Investment income
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
Cafe and shop
Events
Museum
Other
**Total**
**NET INCOME**
**Transfers between funds**
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**|Unrestricted
funds
£
118,523
442
928
387
3,024
21,759
145,063
7,709
35,569
184
6,479
54,449
104,390
40,673
4,846
45,519
236,180|Restricted
funds
£
282,557
-
-
-
-
-
282,557
-
11,185
-
399
136,781
148,365
134,192
(4,846)
129,346
1,141,465|Total
funds
£
401,080
442
928
387
3,024
21,759| |---|---|---|---| ||||427,620| ||||7,709
46,754
184
6,878
191,230| ||||252,755| ||||174,865
-| ||||174,865
1,377,645| continued... Page 10 WIRKSWORTH HERITAGE CENTRE ## NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2021 |**11.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**
**TOTAL FUNDS CARRIED FORWARD**
**12.**
**TANGIBLE FIXED ASSETS**
Freehold
Plant and
property
machinery
£
£
**COST**
At 1 January 2021
1,133,527
34,048
Additions
839
-
At 31 December 2021
1,134,366
34,048
**DEPRECIATION**
At 1 January 2021
19,270
15,997
Charge for year
19,287
3,610
At 31 December 2021
38,557
19,607
**NET BOOK VALUE**
At 31 December 2021
1,095,809
14,441
At 31 December 2020
1,114,257
18,051
**13.**
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 1 January 2021 and 31 December 2021
**NET BOOK VALUE**
At 31 December 2021
At 31 December 2020|**11.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**
**TOTAL FUNDS CARRIED FORWARD**
**12.**
**TANGIBLE FIXED ASSETS**
Freehold
Plant and
property
machinery
£
£
**COST**
At 1 January 2021
1,133,527
34,048
Additions
839
-
At 31 December 2021
1,134,366
34,048
**DEPRECIATION**
At 1 January 2021
19,270
15,997
Charge for year
19,287
3,610
At 31 December 2021
38,557
19,607
**NET BOOK VALUE**
At 31 December 2021
1,095,809
14,441
At 31 December 2020
1,114,257
18,051
**13.**
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 1 January 2021 and 31 December 2021
**NET BOOK VALUE**
At 31 December 2021
At 31 December 2020|**ACTIVITIES**
Unrestricted
funds
£
281,699
Fixtures
and
fittings
£
263,204
6,236
269,440
67,311
26,225
93,536
175,904
195,893|**-**|**continued**
Restricted
funds
£
1,270,811
Office
equipment
£
14,086
5,816
19,902
12,740
2,603
15,343
4,559
1,346||Total
funds
£| |---|---|---|---|---|---|---| |||||||1,552,510| |||||||Totals
£
1,444,865
12,891
1,457,756
115,318
51,725
167,043
1,290,713
1,329,547
Unlisted
investments
£
1
1
1| |||||||| |||||||| |||||||| |||||||| |||||||| |||||||| There were no investment assets outside the UK. The company's investments at the balance sheet date in the share capital of companies include the following: continued... Page 11 WIRKSWORTH HERITAGE CENTRE ## NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2021 ## **13. FIXED ASSET INVESTMENTS - continued** ## **Wirksworth Heritage Centre Trading Ltd** Registered office: 31 St Johns Street, Wirksworth, Matlock, Derbyshire. DE4 4DS Nature of business: Café ||Nature of business: Café||| |---|---|---|---| |||%|| ||Class of share:|holding|| ||Ordinary|100|| |||31.12.21|31.12.20| |||£|£| ||Aggregate capital and reserves|(93,379)|(83,492)| ||Loss for the year|(9,887)|(28)| |**14.**|**DEBTORS: AMOUNTS FALLING DUE**|**WITHIN ONE YEAR**|| |||31.12.21|31.12.20| |||£|£| ||Trade debtors|1,436|24,580| ||Amounts owed by group undertakings|93,267|88,817| ||Other debtors|794|1,990| ||VAT|519|1,171| ||Prepayments|6,842|8,106| |||102,858|124,664| |**15.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| |||31.12.21|31.12.20| |||£|£| ||Bank loans and overdrafts (see note 17)|-|1,875| ||Other loans (see note 17)|19,369|-| ||Trade creditors|3,440|14,935| ||Social security and other taxes|2,064|4,151| ||Other creditors|41,000|41,000| ||Accrued expenses|4,442|2,319| |||70,315|64,280| |**16.**|**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**||| |||31.12.21|31.12.20| |||£|£| ||Bank loans (see note 17)|-|43,125| continued... Page 12 WIRKSWORTH HERITAGE CENTRE ## NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2021 ## **17. LOANS** An analysis of the maturity of loans is given below: |Amounts falling due within one year on demand:
Bank loans
Other loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Bank loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
HLF Emergency funding
**Restricted funds**
Restricted
Heritage lottery fund
MDEM - GIS Expenditure
Furlough
Donation box fund
Arts Council
Capital equipment
**TOTAL FUNDS**|At 1.1.21
£
247,960
33,739
281,699
170,000
932,722
21,611
545
886
145,047
-
1,270,811
1,552,510|31.12.21
£
-
19,369
19,369
-
-
-
Net
movement
in funds
£
50,498
(32,843)
17,655
-
(25,080)
(3,087)
(545)
(99)
(72,028)
1,379
(99,460)
(81,805)|31.12.20
£
1,875
-
1,875
7,500
22,500
13,125
At
31.12.21
£
298,458
896| |---|---|---|---| ||||299,354
170,000
907,642
18,524
-
787
73,019
1,379| ||||1,171,351| ||||1,470,705| ## **18. MOVEMENT IN FUNDS** continued... Page 13 WIRKSWORTH HERITAGE CENTRE ## NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2021 ## **18. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
HLF Emergency funding
**Restricted funds**
Heritage lottery fund
MDEM - GIS Expenditure
Furlough
Donation box fund
Arts Council
Capital equipment
Kickstart
**TOTAL FUNDS**|Incoming
resources
£
85,084
-
85,084
26,142
-
18,022
-
20,082
2,068
8,179
74,493
159,577|Resources
Movement
expended
in funds
£
£
(34,586)
50,498
(32,843)
(32,843)
(67,429)
17,655
(51,222)
(25,080)
(3,087)
(3,087)
(18,567)
(545)
(99)
(99)
(92,110)
(72,028)
(689)
1,379
(8,179)
-
(173,953)
(99,460)
(241,382)
(81,805)|Resources
Movement
expended
in funds
£
£
(34,586)
50,498
(32,843)
(32,843)
(67,429)
17,655
(51,222)
(25,080)
(3,087)
(3,087)
(18,567)
(545)
(99)
(99)
(92,110)
(72,028)
(689)
1,379
(8,179)
-
(173,953)
(99,460)
(241,382)
(81,805)| |---|---|---|---| ||||17,655
(25,080)
(3,087)
(545)
(99)
(72,028)
1,379
-| ||||(99,460)| ||||(81,805)| ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
HLF Emergency funding
**Restricted funds**
Restricted
Heritage lottery fund
MDEM - GIS Expenditure
Furlough
Donation box fund
Arts Council
**TOTAL FUNDS**|At 1.1.20
£
236,180
-
236,180
170,000
946,767
24,698
-
-
-
1,141,465
1,377,645|Net
movement
in funds
£
6,635
34,038
40,673
-
(9,389)
(3,087)
545
1,076
145,047
134,192
174,865|Transfers
between
funds
£
5,145
(299)
4,846
-
(4,656)
-
-
(190)
-
(4,846)
-|At
31.12.20
£
247,960
33,739| |---|---|---|---|---| |||||281,699
170,000
932,722
21,611
545
886
145,047| |||||1,270,811| |||||1,552,510| continued... Page 14 WIRKSWORTH HERITAGE CENTRE ## NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2021 ## **18. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
HLF Emergency funding
**Restricted funds**
Heritage lottery fund
MDEM - GIS Expenditure
Furlough
Donation box fund
Arts Council
**TOTAL FUNDS**|Incoming
resources
£
78,763
66,300
145,063
103,609
-
32,241
1,175
145,532
282,557
427,620|Resources
Movement
expended
in funds
£
£
(72,128)
6,635
(32,262)
34,038
(104,390)
40,673
(112,998)
(9,389)
(3,087)
(3,087)
(31,696)
545
(99)
1,076
(485)
145,047
(148,365)
134,192
(252,755)
174,865|Resources
Movement
expended
in funds
£
£
(72,128)
6,635
(32,262)
34,038
(104,390)
40,673
(112,998)
(9,389)
(3,087)
(3,087)
(31,696)
545
(99)
1,076
(485)
145,047
(148,365)
134,192
(252,755)
174,865| |---|---|---|---| ||||40,673
(9,389)
(3,087)
545
1,076
145,047| ||||134,192| ||||174,865| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
HLF Emergency funding
**Restricted funds**
Restricted
Heritage lottery fund
MDEM - GIS Expenditure
Donation box fund
Arts Council
Capital equipment
**TOTAL FUNDS**|At 1.1.20
£
236,180
-
236,180
170,000
946,767
24,698
-
-
-
1,141,465
1,377,645|Net
movement
in funds
£
57,133
1,195
58,328
-
(34,469)
(6,174)
977
73,019
1,379
34,732
93,060|Transfers
between
funds
£
5,145
(299)
4,846
-
(4,656)
-
(190)
-
-
(4,846)
-|At
31.12.21
£
298,458
896| |---|---|---|---|---| |||||299,354
170,000
907,642
18,524
787
73,019
1,379| |||||1,171,351| |||||1,470,705| Page 15 continued... WIRKSWORTH HERITAGE CENTRE ## NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 December 2021 ## **18. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
HLF Emergency funding
**Restricted funds**
Heritage lottery fund
MDEM - GIS Expenditure
Furlough
Donation box fund
Arts Council
Capital equipment
Kickstart
**TOTAL FUNDS**|Incoming
resources
£
163,847
66,300
230,147
129,751
-
50,263
1,175
165,614
2,068
8,179
357,050
587,197|Resources
Movement
expended
in funds
£
£
(106,714)
57,133
(65,105)
1,195
(171,819)
58,328
(164,220)
(34,469)
(6,174)
(6,174)
(50,263)
-
(198)
977
(92,595)
73,019
(689)
1,379
(8,179)
-
(322,318)
34,732
(494,137)
93,060| |---|---|---| ## **19.** ## **RELATED PARTY DISCLOSURES** During the year the following transactions took place with related parties: |||||Monies due| |---|---|---|---|---| |||Payments on|Payments|from| |||behalf of|received from|subsidiary as| |||subsidiary|subsidiary|@ 31/12/2021| |||£|£|£| |Wirksworth Heritage Centre||||| |Trading Limited|Subsidiary|85,569|81,119|93,267| |A payment of £||||| During the previous year the following transactions with related parties. |||||Monies due| |---|---|---|---|---| |||Payments on|Payments|from| |||behalf of|received from|subsidiary as| |||subsidiary|subsidiary|@ 31/12/2020| |||£|£|£| |Wirksworth Heritage Centre||||| |Trading Limited|Subsidiary|54,428|47,003|88,817| Page 16 WIRKSWORTH HERITAGE CENTRE |DETAILED STATEMENT OF FINANCIAL ACTIVITIES||| |---|---|---| |FOR THE YEAR ENDED 31 December 2021||| ||31.12.21|31.12.20| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|496|2,493| |Gift aid|805|1,445| |Grants|104,278|396,647| |Membership|70|495| ||105,649|401,080| |**Investment income**||| |Management charge|48,381|21,755| |Deposit account interest|-|3| |Other interest receivable|5|1| ||48,386|21,759| |**Charitable activities**||| |Rental income|143|442| |Events|52|387| |Admissions to museum|5,347|3,024| |Advertising revenue|-|928| ||5,542|4,781| |**Total incoming resources**|159,577|427,620| |**EXPENDITURE**||| |**Other trading activities**||| |Opening stock|-|7,709| |**Charitable activities**||| |Wages|39,789|46,013| |Social security|617|-| |Pensions|541|741| |Activities materials|3,351|5,813| |Cleaning|2,229|1,249| ||46,527|53,816| |**Other**||| |Wages|79,578|78,194| |Social security|1,234|2,538| |Pensions|1,081|1,067| |Services|7,641|6,987| |Rent|167|46| |Insurance|7,577|7,934| |Repairs and maintenance|3,371|4,832| |Carried forward|100,649|101,598| This page does not form part of the statutory financial statements Page 17 WIRKSWORTH HERITAGE CENTRE |**Other**
Brought forward
Conservation
Advertising and publicity
Training
Telephone
Postage and stationery
Subscriptions
Sundries
Legal and professional fees
Travel
Computer consumables
Security costs
Website costs
Depreciation of tangible fixed
Bank loan interest
Other interest payable
**Support costs**
**Finance**
Bank charges
**Governance costs**
Accountancy fees
Total resources expended
**Net (expenditure)/income**|DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 December 2021
31.12.21
31.12.20
£
£
100,649
101,598
439
19
18,808
9,719
736
69
2,734
3,147
3,258
395
1,224
882
-
125
4,766
8,750
8
55
3,737
4,541
2,084
2,471
1,000
-
assets
51,725
53,274
78
2,870
18
25
191,264
187,940
1,791
1,790
1,800
1,500
241,382
252,755
(81,805)
174,865|DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 December 2021
31.12.21
31.12.20
£
£
100,649
101,598
439
19
18,808
9,719
736
69
2,734
3,147
3,258
395
1,224
882
-
125
4,766
8,750
8
55
3,737
4,541
2,084
2,471
1,000
-
assets
51,725
53,274
78
2,870
18
25
191,264
187,940
1,791
1,790
1,800
1,500
241,382
252,755
(81,805)
174,865| |---|---|---| ||assets|| |||187,940
1,790
1,500| |||252,755| |||174,865| This page does not form part of the statutory financial statements Page 18