Company Number No: 01820495 Registered Charity No: 515866 WATERWORKS MUSEUIA- HEREFORD (A Compwry Limited by Guarats not trVing a share pIta REPORT OF THE TRUSTEES AND UNAUDITED ACCOUNTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 •AcBFzZ.
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COMPANIES FK)USE For Twstee Approval-The date of this drUnt is Tuesday 27 June 2023. Page 01r28
Contents Pages Tltle Page Contents Introduction The Museum's Charilable PurFose ststus oflhe Museum The Museum's Cdlectton How the Museum is Furhjed How thg Museum is Govemed arml Operated Risk Management The Museum's Key Pollcles Financial Resep4es l>or Risk Management Policy Other Key Policies o Health & Safety . Olher Pdictes Trustees. Report forthe Financlal Year ended 31 December 2022 C1 Chails Intrju¢(lon C2 Engineering C3 Health. Safety. Welfare and Training olv0nteers C4 Visitor Centre {indudiry Café. Reception aThJ Sly)) CS Visitor Experience C6 Cdlectui and Archives C7 Education, Research and CmUnitY Engagement C8 Accreditation Mentors Repcyi C9 Regulation and COMnC* 9-15 Statement (rf Tntstees. Responsibilili 16 Financlal Report forthe Financial ended 31 December 2022 Slatemenl ot Finan<ial Actiwbes- Inca)me and Expenditure Account Independent Exanmnerfs Re5YJt Bdance Sheet Notes to the Unaudiled AOUnts Incorng arKI Experttltlure Ac£ourrt 27 Page 02r28
TRUSTEES. REPORT for tho FINANCIAL YEAR ENDED 31 DECEMBER 2022 INTRODUCT1014 The Trustees of Ihe waterw•D Pthjseum. Hereford, six of ¥*K)m are also Directors for the purposes of the Companies Act 2006. present their annual report wth the accounts of the eharity for the financial year ended 31 0ecemt•er 2022. The Trustees have adopted the provisions of the . Accounting and Reporb"rwJ by Chants"es.' Statement of ReComrnen Practice applicatrfe to charities preparing their accounts in accordance with Ihe Fffwirial Re[ing Standard atwicable in the UK and Republic of Ireland (FRS 102>. Walerworks Museum Hereford is a company limited by guarantee (number 01820495) and a registered chafity (number 515866}. The registered office is Broomy Hill. Hereford HR4 OLJ. Established in 1974. Ihe Charity is operated as an independent workiTrJ museum and industrial archaeology preseNatm souety irmed primarly. lyjt not exdusively. with the story of the supply of water for publ consumptv)n Irom the mi(tsVictorian era to the dose of the century. Based in a Grade Il" listed building. the Museum is home to the UK'S oklest inthsiiu working triple-expansion steam engine and it has one of the widest ranges of worknng pumKHng engines in the UK. These are inlerpreted by a combination of displays. historic artefacts and eplwnera related to potable water. THE MUSEUM'S CHARITABLE PURPOSE Yo encourw and promote pubfvc educalion and interest in Iho eSeaon. display and nnfftrtg for the public benefft waternryks ernjines. pumps. boile and other equipment and relics ol historical or genernl and for olher chaffilable puryxtses conne¢W with the study of water supply undertaking" Our visii)n is to thrive aThJ grow as a specialist rnuwm. fAjSSed on the history ol water supplies for public benefit. an(i be a pronent Herefordshire WltOr attraction. The Museum aspires to bring the industrial heritage to lrfe through the working engines. purry)s. bolets and other artefaLXs it looks after. We will achieve our vtsion by being rec(xJnisÈd as: 1. A V40fktng museum wholly g)vemed. managed and otwated by volunteers I Custodians of an interesling and infomakn.ye collection of engl$ and artefacts slted in Hereford's Grade Il" listed authentic Vidorian wateplnrks. 3. A valued resource that can support arnIng aTrJ educalion (physically & remotety) We will drive our viswjn forwwd by followiryJ ow VALUES.. Safe frlondl & welcomln environment forMsitars. vdunteers & users of the Museurn. ivs colledjon and facilities Trusted and valued to manage the Museum effeclivety by our volunteers, members. benefactor5 & partners C. Str erTo playing an active role in the comnwilies we operate in The Museum's collediorts are used in an education programme, mainly. but not eluSely. for primary schcx)I children. using cJJrri(JJlum led malerials destgned and delivered by experienced teachers from the educational sector. T(wrs of the Museum are available. led by knowledgeable volunteers and the Museum prides itself in offering an enjoyable expenen¢e to Visitors including those who may need some fom of assistance. P4e 03128
STATUS OF THE MUSEUM The Museum has Full Ac(xedrlalIc status MIer The Accreditation Stheme administered by Arts Council England which sels nationalty agreed stsndards for museurns in the UK Iregistral)n number RD783). The Museurn received Th)tificatK)n to submit an apiCatiOn for wccredilation on 20 December 2022 the Outc£ to be detemined by December 2023. THE MUSEUM'S COLLECTION The collection comprises over 5.LKJO wl¥Kluat items. These are (Affied by the Museum, save for 34 items which are on long-temi k)an. The collections are h(MJsed on a wngle site li the Viclori waler wmFing station Ihat served Ihe Cty d Herefd fjjr 13) JeaTS. ts Taroye Fk)use ((xE fyjor of LeorTinsterfs VOn8n statrm, w&s nM)ved to ts mLen n 21 ts RotsAvas HoLLse {buiM in 2007 to display artefa(s saved tr(Nn frryn a Wortl War 11 ixjrts aThJ Iwses a tEanert exhibition devoted to Htreford in WLYhJ W11). cr w) Ihe Museum's athr room stcyes. The cotkntions comprise artefacts and arthives that UStrate the colle(aion. treatment. and supply of water Sin 1856. bul also more bn)adly over the past two th(wsand years. On the Museum site. with the exception of animal power. Ihere are examples of all types of rnotive poknw for water pumping induding the sjdest in siiu In. expansN)n slean erKJm in &itaii. of whtth are am¢xwJ ts last examps rl tr'T knj. The prwnariPy relates to drinking water in Herefordshre. ts Math and Ws. 0 tyxJles items ¢Jher parts of Ihe UK to eFQgtcNy of kncA•Aedge IW • devices that wodutyl medwnical wort( from heat and were essential for raising water for drinking and I19allOn. The Twstees have detennlrd that fulure expansion of Ihe OleCt)n will be directed lowards completing aspects of ts Museum's historic skny. They wouhj like to expaThl ts collection covèring the mid to lale Victorian pericxj and the eaty years of Ihe twentieth century- the transibonal phase of technological devdopment belween beam engines and rotstive steam engines. and water industry Instrumentation for the latter half of the twentieth century. Also. to wotect the industrial heritage and knowledge of developments in drinking water supply and assockated tethnologies that might othepwise be lost. This includes engines. wmps aThJ associated devices and technologs used in educational establishments in the past for tr*"ning apwentice water engineers. Each year the Museum receives Ix)Ih general and lechnThl enquiries about the Museum's collection or from people seeking ath"ce. These are received from wthin the UK and ovetseas. Trnstees encourage wsits to and from other museums to leam from the skills and experien of Museum Volunteer5. who possess often s(xree exlSe in the Tesiorntsn. operalK)n and maintenance of steam. hot air, gas, and interna comtsjstion eryne5. Page 04r28
HOW THE AIUSEUIA IS FUNDED The Walerworks Museum receives rn public fundirwJ. It is independenty funded by Jmk8sKJn fees. grant awards and membership subscriptions. but would not be able to operate at the level that it does without the conts'nued support it receives ITn Iwo pri1paI benefxtor5.' The Southall Tntst and Cymru Welsh Water. Further detail of Ihis 15 provvJed in Ihe finarla1 slatements. whh a presented later in thi5 HOW THE MUSEUM IS GOVERNED AND OPERATED The Museum has no paid staff and is whc4ty 9ovemed. managed and operdted by Volunteets. The goveming ttsyy is the Council of Managennt, the members of whh are chanty trustees. The day-lo- day managemenl of the Museum delegated to a smalber group of Ttee$ who are elected annually to see as Director5. and who tdleth.vety oversee the activities of the Museum's Volunteers. The Council of Management is appointed by and 15 accountable to the Members of the Museum. of which there are currendy arnd 120. The tA)sitI of Trustee is a non4emuneratLyJ role. ahoUgh out of pket expenses are reirnbur59J at cost The Dire¢tors at the date of this repcwt are". Chair of Trustees and Govemance Director Mike Harries Financial Director and Honorary Treasu Fred Snelgrove (•) Cdlectwis Manager Neil Atkins {•) Operations Director Chf Engineer Developrrent fhiector Denote5 seNed as a Director throughout the financial year ended 31 De¢ember 2022. On l March 2022. Rhard Curtis stepped d•M as Chair of the Museum due to ill heallh when Jill Phillips (Vice Chair) became Acting Chaif. She was subsequently apprynted a Director on 10 March 2022 and Dire¢tor of Govemance and Chair of Trustees on 16 May 2022. There are currenvy 17 Trustees at the date of repl six Oirector5 shown at¥)ve and olheT Museum Trustees are tsted behx: Mike Glover (•) Kevin BuThows ' Michael AU(en Paul Allen ' Kathy Burrows ' Richard Curtis 'Adrian Eyre . Richard GlaSSFle ' Peter Heaton . michel Imwni Cyrni Welsh Water Representative) . Stan Lawler . Keth Munn At the Annual General Meets'ng 18 July 2022. Ana Vaughan stepped d(Mn and Colin Hughes was not r&elected as a Trustee. On 23 May 2023. Michelle Impanni was appointed as the thfrr Cymru Welsh Water PresentatIve repLqcing Martin who had stepped down in March 2023. Also on 23 May 2023. Brian Ndson stepped down as a Trustee and mhael Aitken was apinted as a Truslee. Efforts will conb.nue to be made tn 2023 to find surtable Trustee candhdates to help strengthen the Council of Management Two trustees. Kathy Burr and Richard Curti5. will not be sethng reelect at the 2023 AGM. Richard Curtis was Company Socrotary December 2021 through to December 2022 Page 05r28
Page 05r28 The Trustees made the followiro annual aF)pornknents, which have been renewed for the financ4al year January to Decefflr 2022: Kalherine ArKJrew 59 The Common, Abberfey. Worcestersl¥re WR6 6AY Indop8ndent Examiner. Ettward Rithards. Thome & Co 1 St Marys Stree( Ross-on-wye, Herefordshire HR9 5HT HSBC Bank 35 High T(y•m. Heref HR12AQ Lambe Comer 36137 8rKlge StregL Hwef(d HR4 9DJ Bank. Solicitors: In 2022, the counc of Management met on fve 0¢siOnS.. on 1 April.16 May, 10 June. 22 September 2 December 2022. The Annual General Meeb"rvJ was held on 19 Juty 2022. The UkNJated Foryrard Plan 2022-2025 was aFyoved by the Trustees on 22 September 2022. RISK MANAGEMENT The main business as usual risks rnanaged by the cjncil of Management are typical of any small, independenlky furKled and wholly volunteer run charity. They pri1PaUY speak to: al The suinability of the resour(s avalable to the Museum. both financral (operational budget and grant fijnding for projects) and noTrfinanaal {the succession. time. capacity and skills a1 exper¢£ of Ihe Volunteers. Tte85 and Dire¢tty5 w operate the Museum) bl The 1th. safety. and welbeing of Volunteers. the visiliThJ public users of the Museum's Servi a1 rA)ntradots and others visrt the site. and especially the safeguarding of children and vulnere adults cl Keeping up to dale with changing UK laws aThJ rw3ulab.ons the standards of gocrtl practice expected of an accredited muwjm. A statement of risk assessment arising as a result ol the Coronavirus Pandem was publicly availabte on the Museum webstte from Marth 2020 unld summer 2022 pandemic restri¢tiorvs weie removed by the Government. Following the occurrence of the 'omicron' variant of Cofonavirus. the dectSK)n was taken by the Directors to extend the period of cbsure from 2021 into the first quarter of 2022. This has enabled volunteers to mplete safety work and essent Maintenan on the o)Ilection of eThJings and pumps whith it had not tfftn witAe to coftwe during the cor5 l(Kkdown. Vistors returned to the Museum in March 2022. The Trustees are tonstanty aware of the chalenge of managiro the aix)ve risks wilhout the Support of paid and profeonalty qualified museurn staff. The CororiaviFUS pandemic thanged the operating environment of the Museum in several ways rewt Ihat follows demonstrates how the rtsks a$50ciated with this are being managed. Page 06128
B. THE MUSEUM'S KEY POUCIES FINANCIAL RESERVES POLICY The Trustees are required to Ild general feserves at a level to provide the Museum with adequate financial stsbility and the means for it to meet its Charitab purposes for the foreseeabte fvture. In nomial circumstances the Trustees qUIre that general resepies be maintsined at a level equivalent to not less than 15 monlhs basK operational expendrture. The Trustees Iwe set the reseryes policy at this level having regard to the Museum's regular funding streams and nature of its operations {i.e. that the Museum is operated and govemed solety by Volunteers and is open to the public on limrted number of days each year as a visitor allYact)n whth constrains the atMIty of the Museurn to expand or grow new income streams). The Trustees regularty revrew the level of general reserves thal are required lo ensure that they are adequate to fuifil the Museum's conttnuing obgatK>n5. RISK NAGEIEr POLICY The Trustees a responsible for en$unng that the Museum has a clear strategy. that it remains true to its vision. and that it comleS Wh all necessary rules and kgal oblvJations. They also ensure that the Museum has the policies, controls and other docunEnts that minimise the rkS that the chanty may encounter. The Tru51ees". . Continuously revitr• the risks the thaity ffAy face Establish systerns and controls to mitw the fi8k$ identifd Implement policies and procedures desvjned to miniMe any potentsl impa¢t on the chanty should a risk materialise. Key nsks and risk mrtigation in 2021122 have been preVUSIY desuthd in the eaEr secth)n on 'Risk Management,. OTHER KEY POLICIES ACCESS: The k¢ess Policy sets out how Fwple can see, use or access the museum srte and collection. The Museum wethmes all seclions of the community and seeks to be an invits.ng place to V11 regardless of edu&qlM)n, income. residence. or personal circurntances and wants everyone to enjoy independent use of the Museum's fxih'ties. COLLECTION: The Collection Policy rdate5 to the artefxts, record$ and buiklings in the Museum's care which iogether are known as the 'Colleckn'. 11 sets (xrt key pnncipks and encompasse5 the development. Ca & conservatTh and documenlab.on of the Museum's Collection. This Policy is supp)rted by, and forms part of. the overall Colwion Framework whth ¢ompn"ses key produre$, standardised forms and guidance ah)ng with a Priority Salvage List Training volunteers on Collections manageff1 is a ty cowent in the Museum's overall training pro9ramFrE. HEALTH & SAFETY: The Health & Safety Policy Statement sets out the framework by vthich the Museum will protect the general safety and wellbeing of all vksiiots and ¥olunteeF5. The following specialist poli¢ieslkey docuThnts support this Poly Statement . Risk AsseSsnI of Threats Emeryency Planning Handbook PrioTrty Salvage List & first aKI steF6 k)r daryw obJ&ts Asbestos Manageff¢nt Policy Electrical Safety Policy Volunteer TraiNng Prc*3ranYne- Action Plan Page 07r28
OTHER POLICIES SAFEGUARDING: The Safeguarding Poly defiw the Museum operates to safeguard children, young people and vulnerable persons. It also sets (xrt the Museum's Code of Conduct for its member5. All Trustees, DirectOT5, Designated Officers and Volunteer5 are ffthibers of the Museum. EQUALITY. INCLUSION & DIVERSITY.. The Equality, Indusion and Driersty Policy expkin$ how the Museum is ¢ommrtted lo eliminab.ng all forms of discrimination. vth"misakn aTKI harassment, and to promoting equalty of optmirtunity. ENVIRONMENTAL SUSTAINBILITY: The Environmental Sustainabiltty Polty covers the natural, built, economic and social environment of the Museum and the expresses three key aspects of the work of the Museum.. . Ser¥m9 our FEople.' Volunteets. Visitors and users of the Museurn's f"lits. Securing our CollectN)n.' Chore and care of engines & artefrdcts for the Collection. Sense of Place.. Recognising the sense of p*e created by the Museum for water supplies at all levels- lttal. regional. rtiOnal and global. PRIVACY OF PERSONAL INFORMATION: The Prrrty of Personal Infmlion Polry slates the Trustee's commitment to prolecling an indNhduaLs' privacy arKI sets oul the standard5 you can expect the Museum to maintain when we request or hold per1 inforn atx)ui you. Each of the atrthie policies are reviewett by Trustees as wt of a rolling prcMJramme and in line wrth an agreed review schedule approved by Trustees. Page 08r28
TRUSTEES, REPORT for the FINANCIAL YEAR ENDED 31 DECEMBER 2022 C1- CHAIR'S IKfRODUCTION Vthat a difference a year makes! The Annual Report is our opwtunty to refiect and lo reco9nise both our successes and challenges we fraced during 2(r22. Undoubtedty. the highlight of the year was the wonderful day on 4 Oclober when Volunteers. disb"nguished guests and benefactors of the Museum attended the presentation ofthe Queen'sAward for Voluntary Service IQAVSI. Mr. Edward Harley OBE, The Lord Lieutenant of Hefordshire presented the PAuseum wrth a QAVS pue and certificale, sbJned by the Late Queen Elabeth 11. These will tske prMJe of plxe in the Museum Visitor Centre to recognise the effort ofall voluntews who have grven their and skilts to the Museum since its offKial openin9 in 1974. Folthing on from the Award Ceremony in October. the Trustees recognised over 70 voluntews who We entitled to receive an enarnel QAVS Badge to maJk this westwious event March 2022. however. saw the return of the Tuesday maintenance days and a renewed focus on ensuring the range of historical engines and artefxts were tjack in safe workn.ng conditions as the perDd of closure during the pandern had caused a swnifKant Maintenan back. Thts period of closure was also needed to compkle the Visitor Centre re¢onfiguration wth a futiOnal and w<king eafé, shop and reCeptn area adY for the return of visitors at the end of March. Research and archive work be9an in eamest with a pnorty on the delayed reatsloguing of the Museum's collectson. l these tasks set Ihe museum wi a FQ5rtw forthe reoFeniNJ and antrIpatn ofa fity operational season - somelhing not known for over tt) yeaTs! The slrategrc prIltieS in 2022 were those ident[f in the 2021 Annual Rewt •namety securing the Museum's'accredited" Museum stabjs and the approval & iMplenn1atIoD ofa new Forward Plan. Both of Ihese challenges, l am pleased to say, have been addressed. The Forward plan was approved by Trustees in Septernber 2022 afterwide consuttaiKJn with volunteers, communty. and benefactor5. Thts covered a shorterthan usual thfee year penod {2022-2025} because of the period of transition arKI recovery needed after the Coronavirus pan¢Jemic. prog55 against the agreed objectsves will be updated by tlrectors every quarter. with repoth.ng to the Trustees every six months. An updated FoThvard Plan was crit1 for the acuedrtatton submts5ion pr(ws which went'lrve, on-line on 20 tyecember 2022. The Museum submstted its apication in June 2023 and will recekve notfficalion of the out¢ome of the submission by Decemtr 2023. A key element of the work needed for this was a review and. where appropriate. update of all the Museum'$ key poIles. whth have been approved by Trustees under a rolling programme of poly mws. Reflecting on the post Pandem chalWes we faced. the Directo were especialty aware of competing pressures (al attracting a growth in visitor numbers to retain financial viability and (bl not overstretching the goodw"Il of ¥olunteer5 a¢tivety engaging with the museum. These were the priorities from seven major changes in the opering envlronrrI of the Museum brought abcwl by Ihe Coronavirus pandemic, which were first described ty Richanj Curtis in 2021 in a str*egic'cultural shift, paper. which was subsequenlly ath)pted by Ihe Tnjstees in 2022. During the Coronavirus lockdown Directors had commi5sts)ned two independent strategic reviews. The first was an appraisal of the viabilty of their proposaL% for the TeC0nfiguratn of the visitor centre and opportunities this vuld provide for improving the visitor experience and gr¢Ing sources of income. The second review assessed opithunities for retail devebpment at the Museum as part ofthe wider revtew of future operations. In 2022. the Museum focused on the second of these reviews as the one that. given the impact of the partdern on firrdncial and volunteer resources. could have the most immedHte impacL However. tKJth exercises wÈll help improve finan¢o1 stability over th8 next few yews arKI reduce the Museum's relorte on the suptKJrt rt 1ve$ from its benefxtors. P4e 09f28
. The frganISab.0n ofthe visitor¢entre alkThved more Spea zoning of actsvrty, including an large café facility, improved shop display and a more purp)seful visrtor reception. These were important features to rrrf)ve Ihe Museum to a mtye fcrfAing and has supported a growth in sates as demonstraled in the ffinancial Not onty is the Visbtor centre better for visitors but it also lends itsell to possible extemal hire and for p)tentialty new purposes. However. thts was not a strategK prKJrity in 2022 as we did not have the vdunteer resource needed for such new xtivities. Other important changes in 2022 included the installation of a Volunteer Mess, a desp3nated area for the volunteets well- being and the devek)pment of the calendar to include more group and community use of the Museum. For visiiofs we have developed a wider Tange of steam. working and nofvsteam days. This has provided more Ilexits"Irty to operate wrthin the ¢apacity of volunteer tr.me and has been crucial in managing the rising costs of INing and high fud costs of running the Museum on Steam days. The challenges ofvolunteer capacity have been ng the pandemK. The 1&ffnth cthure of the Museum saw many iong-tenn volunleers not retuming due to health and confidence reasons. We have a150 seen fundaTrtal changes the very nature of volunteenng, wth (er indNiduals giving time and those that vdunteer wants'ng rrwe llexibFlity the commrtment to ts" and days. These changes are not specific to this Museum but is evidenced nationally by the nmtseum sector. H¢ywever. recruitsment of new volunteers has been nmye su¢¢essful in certain areas ofthe museum compared to others. There is a remaining concem over the lack of volunteers to work in the ofé and stewards coming fOard for Ihe visitor centre. The Directors are continuing to ty and ways ofaldressing the issue ofvolunteer recruitment. We have seen major changes and iiypylanlty. Ihe SFfftd ofcharvJe ID the use of technology for informing vtsitors and rnonrtoring visitor engagent wthtch has teen a constant agenda issue for Trustees. Our use of srKial media Yesen has developed snifn11Y Sin 2020 and the outbreak of the pandem¢ and in 2022 a Digrtal WorkJ"ng Group was set up to address our IT Strategy and platforms, with the of4'ecbve of rnan9 the Museum ColleCtn more accessible and improve the safeguarding of dats hekl at the Museum. A futther key ouw from this exercise will be a revanyed Museum websrte which will go INe in the sufflffr of2023. Finally, the Trustees would wish to thank all the volunteers. trf)th okl hands and new faces, have activety supported the major refurbishment of the Museum and maintaining the clection and in SUPPOttng open days forvisrtors. 11 cannot be underesb"mated that the Museum runs solely on volunteer goodwll which is a very unusual Frt)sition within the museum sector across the UIQ A successfvl ywwith much to celebrate. This report finishes with SOffEVKrds sr)ken by the Lord LieUtnt at the Queen's Award for Voluntsry Service presentstK)n". "The Museum educates across the spedmm- nDtiust Ihe storyolwater&nd engineeiing- it also deats with contempLYary issues Trlabng to Ihe envInMent and sustsnabilty." Page 10r28
C2 - ENGINEERING Two key engineering projects We vanced in 2022. Having completed Ihe covered display for the Sis50n5 cross ComEnd slthw SFeed instnKtional engine set volunteers installed the engine in situ rt was made operatThl for the start of the 2023 season. A new project to showcase a centy restored pump set from the Brkn'n9ton Estate near F(ynhope has begun with the hard foundation base laid down and a covered area pknned. In addition, volunteers supported several projects to enhance the Museum site. The gateway to the meadow car park waswidened and fencing placed amurKI the meadow. Agrantfrom tkn Cymw VVel$h Water {DCWW) also allowed planning to progress for hedge piants.ng and environmental improvements across the Museum site, which has been extended further into 2023. Additional fvnding has been sought in 2022 for enhaneing biodiversrty of our site and will itKlude tH'rd and maffThl houses on site and to purchase a pump and pond plaTrts for ts pond area on the Museum fore¢ourL A long -standing probfern has been ts lack of storage on site and tn 2022 discussw)ns with DCWW led to the Museum being i)ffered mLKh needed offsrte 5toTrge al the Broomy Hill DCINW 5iie- the Trustees are grateful to DCWMfor their support in resofving this issue. Youth Trustee Stan L¥Merfs desun for a new entrance ge was wamity mpted by Trustee5. This project invofves the reclaiming and use of 4 Iwheels. 11 is hoped that the project will be completed in 2023. Having in December 2021. reathed agreement in principle. rt is disappoints'ng to have to Frt that the Directors are still awatting compteiion of an agreent with Herefoutshire County Council to secure the long-term futu at the Museum of'Emma' the Steam Road Roller. Y¥È will continue our endeavours to make progress on thi8 in 2023 as an area has been se as#Je forthe prominent display of Emma on the Museum forecourL C3 . HEALTH. SAFETY. WELFARE ANO TrAIMING OF VOLui¥fEERS There were no reportable safety incidents in 2022. As prevmjusly described in thts Annual Rert, the Directors. assessment of the risk to the health and well-being of Voluntee and visrtors was sufficiently high lo decide lo close the Waterworks Museum on 10 De¢effl 2021 and to onty repen to the publ in March 2022. The welfare of engineers was improved with the complelion of kitchen and toll et facilitS and relaxation area in the volunteer mess. New volunteers undertcrt)k inducti¢m, the Volunteer Handbook has been updated and wrth Ihe full season of openin9. a on trainirvj safety of volunteers has been paramount. Trustees agreed a fuThJing prnrity was for installing nv4Y CCTV across the three main buildings wh linked togelher wrth a monitor screen in re¢eption as well as femote access ting avaIlae. Volunteers (including Directors aj Trustees) IHYe benefftted from a range of ¢)n-line and extemal training courses organised and fvnded through West Midlands Museum DeyeWnI 1mDI and Heritage Compass. Topics covered included aspects of govemance, finance and fvnd raising. IT and marketing. Directors were ased to suppx)rt a review of the V¥llMD courses with the Museum being written as a Case Study for an independent revie ofthis seplice. In September 2022. the Operations tlirector represented the Museum to sign the Armed Forces Covenant. Museum volunteers. espe¢ialty gNen HelOrdshire's dose links to armed forces. are delighted to be part of this Commitrnt to support the aMd forces communty. C4 . VISITOR CENTrE lincluding Café. Recepiion and Shopl The reconfyuration project has delivered the ass(Kiated benefits whth have further improved the experience of Museum visitors in 2022. We now have a more efftient and enhanced café service, a new team of suitably trained and qualld volunteers who have listened to visitor fe&Jbad( and established an evolving rawe of menu opkns for visito. Page 11f28
The reception area has been repositioned by redeveh)pN)g the space previousty by the toilets where a bespoke visitor re¢epbon desk has been installed suprthed by a new card payment system adopted in 2021. The third benefft is the creation of a dedicated area for a Museum 'shop'. which has reopened wth a seasonal Urft in presentsts"oTr and sty. Thts will continue to be seasonalty renewed vthilst awailing deYek)pffnt of a loryer4eTm strategy for retail space wthin the Visitor centre. The latest phase of the Visitor Centre rtr1urb1shnnt involvirKJ renb)ving the glass wall between the Southall Gallery and the new elevated walkway. This was c(Mnpleted during the wter period and was completed in for the first open day in Mar¢h 2023. A Google Workspace h£count has been set up and a IT seryer installed help support the Museum'$ dw3ilal need5. th thanks to a grant from the Fnends of Herefordshtre Museums and Arts a new display board docuffnts the story of the desTrJn and build of the Water T(Thwer. a prominent feature on the Hereford skyline. This helps visitor5 to undetstand Ihe irnp)rtar of the Brts)ry Hill Water Ttmer and the important roie it played with the Lower Pumping Ststson to improve water supply to the peopk of Hereford. The display board has been placed in the Msitor centre and sits alongside the work4)g mcmjel of the Water Tower created over ten years ago by Museum volunteer, Derek Duffe CS- VISITOR EXPERIENCE Visitor feedback to the reopening of the Museum and rts new knlrties has been eXcelftt and the pro rata number of visitor5 reeeNed was significandy hmjher than v¢sitor numbets for 2019. the last year before the pandemic. However, the current strategy and pattern of open41ays means that the total number of visrtors the Museum receives exh year are not exFected to retum to pre-pandemic leveLs. 2022 has. therefore. set a new baseline of visitor numbers against which future perf0mnCe can be monitored. Visitors are now greeted by a new team of front of house volunteers {recen. café staff aThJ visitor steward5) who are dedicated to helping them enjoy their li at the Vknorks Museum. The overall visitor experience has also been enhanced by steadily improving the way in which the woth.ng machine$ and interactive displays at the Museum are presented and by Ythg ryth Ihird parties (for example. exhibstors. entertainers. pro¥eTS of arts & craft displays and (ywners of steam engine and vintage vehicles) to provide an allUnd interxtive experience that can be equal enjoyed by heniage enthusiasts and famity groups. approth wll continue to be devebjped in 2023. C6- COLLECTION and ARCHIVES There were 214 addilK)ns to the Museum cx>lleckn during 2022. This irlUded a substantial donation of a number of engines and pumps including a ListerlListsrd diesel engine. a water bNser donated by a local resident a stearn indThtor in good coTh1ition contained in its own W(en box and an interesting hand pump not previou$ty catalogued found in one ofthe rseurn inspection bays during recent stk take activity. The stock take aclivity, started in 2019 was intemipted due to the Covid pandemic and became a key I($ when the museum re-opened in March 2022. Work was Initted to finish the aclNty and locale the remaining 259 rtems. Over the pen¢*J May to Septemtw, 223 rtew6 were lo¢ated. leaving 36 items outstanding {17 Artefracts & 19 Re¢tyts} and Ihe exercise was drawn to a c105e. These ilems will remain on the catalogue as'missin9' and Feriodi¢ Tevtews to IcKak them will conb.nue to take place. The ArchNes Room and associated storage were applaed given the enforced 2-year dosure. A numberof issues and areas which would benefft from posrtive&tion were identrfied and the 2022 report produced will help shape fubjre xtion and fundiry decisKJn5. Page 12r28
Improved labelling of artefacis has been a long-term aim and during 2022 a large numter of blank labels were ¢ut to size from stored aluminium sheets. Imiilst it is recwnised this will take ts'me to omplete. gr•Jualty. an alUnIum label will be attached to each artef[ where appropnate. p1aCIng any existing paper kbels. Additionalty. after an wght-yw gap. 2022 saw resuff on bTiThJing the Waterwords Index {completed up to 2014) more up to date. Scanning a¢livtbes of stored archNe material sUMed, research aetivtties W0mmced. and work has started on how the Museum can be nre consistent with the library of research mater5 it holds. These a¢tivities SUPF¥Jrt the WKter explorab.on and use of dlIa1 technology the Museum is engaged in to make the CO1140n rr accessib - this is ongoing work using an open-source software system with a prototype dalabase bw'ng trHlled. C7- EDUCATION, RESEARCH AND COMIAUNrrY ENGAGEIAENT Extending the reach of the Museum's sUprt for ettucatn and connections with the schools, mmunities anjund Herefordshire. surrounding counbes and Wales has aWaYS been an integral part of th6 Museum's charitable purpose. The education primary KS1 AND KS2 progfamme. delivered in partnership with D%r Cymru Welsh Water, was re-estatAsW in April 2022 and we are eaSed to report the following schools have participated in the programme. Lord sCUdaTe Academy INe5ff1d. Leominster Cleobury Mortimer, Shropshire Gorsley Goffs Orleton Ashfield Park Mordiford The Brookka Hereford home $¢hool group King Solomon International Schcd Bimiingham Lucton Wesffield Special SchC. In a new venture, our Chief Engineer collat)rated with the staff of the New Model Institute for Technology and Engineering INMITEI to supwt apprenti¢e students complete a nv)dule invofving a visit to the museum and a presentalion assesSnt of an issue they twl to resolve using informabon gained from the museum visits. In April success of the Steam Punk Saturday. run ty ¥oluntew5. was an encouragiFVJ Start to the season. The new meeting and conference of the Museum visit( centre is atready provrding new opportunities for communty engagement Examples include the Museum being host to a range of Morris classic car5 and vans on the forecourt during the Steam Day on 9th O¢ioberwhile indr$, there was a working display of Stirling hot air engines. Volunteers are also develop9 a themed approxh to 01 days- for example volunteeTr decorated the shop to reflect Halloween theme of our Steam Day on 31st October 2022. Our goal to use the Museum's charilable obj'ectives to make a r)nable woportion of booking sh)ts financialty accessible for kxal and ¢hanty use. In 2022 the Museum hosted the Herefordshire Group of c0p Communty FundiThJ Iniliabve, a regular feature going foNRrds. Since April 2022. a range ofspecialist and Ial communty wups have used the Museum as a meettng place and this will be a frKus for fvbjre irKome generatK)n whith helps to meet Strategi¢ Obj'ecknve 4 of the Forward Plan 2022-2025. Page 13r28
C8- ACCREDrrATION MENTOR'S REPORT YEAR ENDED 31 DECEIABER 2022 The last few years have been a pericMI of intense activity and great sin"de5 fop*ard by the seUM desprte the impact of the Cov#J Pandern and the SerAX illness of the Chaimwn. The rrnsseum continues to be entirely operated arKI run by volurrteers. During Covid lockdown the museums was able lo source Covid recovery funds and worked quickly and with tremendous vision and energy to r&m4e the museum layout in order to achieve a covid-safe visitor route. Most of the building works and intemal r&cKdering of the layout was undertaken by museum vo1urrteS. In addition to a one-way route that complied with covid -safe visitr'ng. the reanisat)n addressed a number of features of Ifje orrginal layout that dKlnY wlly work and ¢onfused visrtors. There is now a clear front reception desk where admiss¢on ti¢kets can be purchased. shop sales transacted and enquiries made, supported by a small office. rather than these xtwis bein9 dealt with at the café counter. The learning and café spa¢es have been swopped round and work more effectNely - the leamingl meeting area now being the larger of the two sp&es. New storage untts mean Ihat the area mains clear and uncluttered and thks much rbNxe professional. The museum now has and considerabty better toilets. The thWaY route now alk)ws vtsitors to see ts)th srdes of the smaller engines in the Southall bay. New kitchen counters and display cabinets are altr&tive. A standard is rthv in opetatK)n with a new range of {very good) cakes and the operation a bt slther aTrJ has the potential to operated as a short te franchise rf an increase of opening hours is pursued. A separate mess room has been ¢realed for museum volunteers to eat t1"r packed lunches in. thts rreans that volunleer engineers are separabj from visitors. rt ha5 meant that the entrance area and café now feel$ like a visitor attracknn rather than a private canteen for volunteer engineers. During Chairman Richard Curtts. illness. Jill Phillips Qltce Chair) has Stepped into the breach lo specfflalty cover work needed to review and update museum govemance and ensure that the poltie$ and procedures are in place to xhieve r&xcreditation arKI that these are core to operations rather than an add-on. Trustees were asked to compete a survey in March 2021 and I'm pleawj to note that &b"on has been taken to address all of the concerns and area5 for improvement that I had noted. Following a S.1{S audi( several new Trustees have been re¢ruited to i(Mn the organisatsn, irtluding the Museum's second Youtrj Trustee. These Indiv81$ have brought new skills an¢J enlhussasm. Truslees have re¢eived training on the AccrediiatK)n standard and prccesses. a team has been established to select a collections database. deal with the small colkctr.ons documentat backlog that had started io build up and re-establish on-l1 access to col]ections dats. As a result there now a much larger team invofved with curation and ¢ollectiMs managernenL The bng-tem thn of a number of thni¢ items from the Natsonal Museum of Wales has, following My advice being resolved via a request for transfer rather Ihan a renewal of the loan and the requirement to c(wer expensNe insurance or the cost lo transporting items back to Nmwstores. The huge contribution made by the volunleer team was recognised by the a4vard to the museum of the Queens, Plab'num Award forvoluntary Actton ai an offic1 eytwrth the Lord Lieutenant in the autumn of 2022. Kate Andrew Msc FMA ACR AcGreditation ljientor May 2023 Page 14r28
C9- REGULATION AND COMPLIANCE The 2023 Annual General Meth'ng {AGM) has been c¢)n¥ened for 18 Juty 2023. All resolutsons at this meeting will be matters of roub.ne business- Ihat is to apwove the 2022 Trustees RetK)rt and Accounts and resolulions forthe annual rwpointmentofeach ofthe Trustees, the A¢¢redrtation Mentor and the Independent Examiner (prev5 described as the ReFQrt"kng ACntantl. The 2022 AGM was held at Museum On 19 Juty. The resokths passed at thk8 ffth"ng were all items of routine busirss (as described abr)¥e>. An update on the main compliance Issues in 2022 (renewal the Museum's status as an 'accrediled museum. and approval ol a r¢ew Fopward Plan) is provided in the Chairfs Report on page". ThLS report atso provides an update on the tsyo niain competing pressures in 2022.. attracting a growth in visitor numbers to improve financia viabihty and not overstretching the g*1.11 of Volunteers activety engaging with the museum. To improve operational effi¢w and ClabOlI¥e WO affK)ngst WonteerS a V4kSpa0e Ac¢wnt has been set up and a new IT server instslled. This will abo ensure the safeguarding of all Museum reQdS and ensure that dats proteclion and privacy reqUIrents continue to be mel During the peric¥J of the Current Forward Plan {2-2025> ihe Museum will reach the 50th annNersary of its creation in 1974. This wll provide Signrfant oprtnty to promote awareness of the Museum, but also to btr very to entertain a periTrJ of rellection and Tevw of the Museum's operatK>ns and future aspirations. Chair of Trustees and Governance Dlrector 20 June 2023 Page 15r28
C. STATEMENT OF TRUSTEES, RESPONSIBJLMES The Trustees are reskM)nsible for weparing an annual reFx>1 and the accounts in accordarKe with.. (i) applicable charity law, and (li) Ihe provisions of the Accounting and ReportiThJ by Charrlies". SLment of Recommended Practice applicab to chaiities preparing their accounts in accordan the Financial ReportirvJ Stsndard applicable in the UK and Republic of Ireland (FRS 102) leffeclive 1 January 2015). Company law requires the TnJste8S to wepare accojnts for each financial year that give a true and fair view of the state of affairs of the o)mp8ny of the surplus or deficf( of the charilable company for that year. In preparing those aw)unts. tho Trustees are required lo: • Select suitsble accounting pCAleS and then apply them eonsistentty . Make judgements aThJ estimates that a reas(matle and prudenl . Prepare the accounts on the'going contem. b35i5, unless rt ts inappropr to presume that the rnpanY wim continue in business. The Twslees have overall resp¢i.1ty for maintsining accounting records which disdose with reasonable accuracy at any time the financial pwtson of the charitable company and to enable them lo ensure that the accounts compty with the Conwnies Act 2006. They are also responsibte for safeguartling the assets of the [Tilat eompany and hence for taking reasonable steps for Ihe preveniM detection of fraud and other irregularittes. The foregoing report ha5 been pr8pared in arnCe with th8 small a)mpany regime {Saction 419{21 of the Companies Acl 2006). Signed on behalf of Ihe Trustees PMo4£ 2rf 4 2(J22 Chalr of Trustees and Governance DITector 20 June 2023 Page 1V28
D. FINANCIAL REPORT FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022
Thi$ Report Covers the 12-rThJnth financial peri(xJ ended 31st De¢ernber 2022.
The Accounts presented in this Rewrt compty wilh the requirernents of the Companie5 Act 2006 and
the Charity Comrnis%¢)n. Fdlowng the practice of previous years, the narrative that follows refers
mainly to the Income and Expenditure account presented on page 18. This dists"ryuishes everyday
Operations and Maintenance activitss from devoted to specffic Prq"ects.
The unde1tytt paitem of actsvit undeftsken by trt Museum had become well estsblished and
onsistent for many years. bui this did not hokl for 2020 as a result of the pandemic whose impact
continued into 2021 and the start of 2022. However. our cash Ilow for 2022 was more consistent with
the assumptions of the Reserves Poly, as set out on page 7.
Operations
Operational Inco, parti¢ulaty that related to ¥isit(xs. recovwed, and exceeded th for 2019. This
was more than offset by inereased eyndilure on items such as fvel and maintenan¢e of both exhibits
and buildings, some from addressing backlogs. but Thwinty hwJher material costs. However. savings
have been made by moving rrh ofour advertin9 and coMmunicatS online.
Pr
Projects fall into two categories. eIther.Desnated. Of 'Restsicied. These are carefulty distinguished in
the accounts to meet Charity Commission requirements. t4rtfor repoiting io Museum Members on page
27 they are combined under the 'Projects' headirHJ. Designated Projects use ryK)Dey all(Kated from
Museum funds at the discretKm of the Directors andl(K Tnjstees vkno nK¥nrtor each project ¢arefvlty.
Restficted Proje¢ts draw on rr•Jney given by an outside bcxty for a specfft purpose. being ring-fenc&J
and used Strictty in accordance wrth the tenrs of the granL
Ignoring non
Ind ndont Ex•mlnerfs R I rep)rt on the aeeounls of the tharilable Company for the financlal year •nd•d 31 December 2022. vhi The chth's Trustees (scTh of also ts Diredrys fty purposes of eompany law) are ftw Ihis year {urKler 144(2) tr Chathes Ad 2011 (tt 2011 1)> aThJ Ihat an Havlng 8atssfied mysew that Ihe ch8réty Is not subject to wdlt under ccwnpany law and 1$ ellglble for tofollrylhe prncedures la¥Jd¢ym in trGeneral trec9¥en tytrChwity Commission (uler S¢¢b"on 14515}Ib) of th0 2011 Act): and My examinabon was carried out in accord•n¢• wth the Gon¢r81 "r0e1$ wan by tho Charity Commission. is given as to whether the accounts eSt a Yru8 and fair vtvw. arKI the report is limrted to those matters In ¢onnecAion V4ith my examirt*i(m. maltar has come to my attertion". to wyro •¢counts whith ac¢tyd wilh the accounting re¢(Kds. eomth with th• accountirff4 2. to whrch, in my opinion. altention Shd be in order to enable a prop8r undetstandin9 of the Thome & Co. {Accountants) 1 St. Mary's Street. R05S-oTrWye, HR9 5fr
Waterworks IAuseum . Herefonl Slatemnt of Flnanclal Activllles (Income and Exp•ndithr8 A¢coyn For the financial year •nd•d 31 De¢ember 2022 2022 2021 Totsl Income from Grants. fees and donab'ons 28.523 3323 21,483 Activities for generating lunds Investrrtents 23,949 23.949 11.009 15 152 104 Total Income ndlture on Generat fund5 Charitable objeclbves Total Expendire 9.724 9.724 7,628 Net incomelexpenditure Gross transfer beknveen funds (2.550) (9.424) 111,9751 132,551} Net movement in lunds (5.803) {6.172) 111,9751 (32,551) Total fvnd5 brougm foThMrd 699 376 731927 Totsl fvnd$ carried fornard Page 19r28
Waterworks Muséum - Hereford Balance Sheet As at 31 Downb•r 2022 2022 2021 funds Total Total Fixed Assets {tangitrAe ed assets onty) 7 626 075 63S 183 649 077 Current Assets Stock 3,740 3,740 2.341 Debtors and prepayments $49 226 Cash at bank and in hand SS 007 72 937 Total current assots 60 456 75 504 Current Liabilities Creditors falling due wilhin one year 10 2.004 24,784 Net Current Assets 57 292 50 719 Provisions for liatylities 10 5,073 5.073 420 Nel Assets 687 402 699 376 Incomè Funds 11112 Unrestricw Funds 56,027 56.027 61.829 Restrtcted FuThJs 631 375 637 547 687 402 699 376 The charTlable company 15 entiued to exernptK fr(m audit under Secknn 477 of the Companies Act 2006 for the year ended 31 December 2021. The members hav8 not required the charilable coaTrY to obtain an audit of ils financial 5tstement5 for the year ended 31 December 2022 in accordan wilh Seclion 476 of the Companies Act 2(Kl6. 20r28
The Trustees aCknledge their res[SibIlItIeS for (al ensuring that the Charrtab company keeps accounkng records that compty with Sections 386 and 387 ofthe Companies Act 20 and Ibl prepanng financial statements which give a true and fair vivw of the state of affairs of the ¢haritable company as at the end of each financial year and of rts surplus or deficil for.ea¢h financial year in accordance tmth the requirerr*nts of Secth)ns 394 and 395 and which otherwse compty with the requirements of the compan Act 20C relating to financial statements, so far as apFAicatAe to tharrtabk company. These financial staternts have been wekwed in accordan wilh the special provisions of Part 15 of the Companies Act 2006 relating to sffoll chantable companies. Signed on behalfofthe Trustees by.. fUJIyY Chalr ol Trnstees and Governance Divector 20 Jun¢ 2023 Page 2128
WateThYorks Museum . Hereford Note8 to the Unaudited Ac¢ounts forth• finan¢i•l year ended 31 December 2022 Accovntin Policies Ba$1$ of ration The financial ststernents of the charitable cornpany. whth Is a public benefit entrty un¢Jer FRS 102. have been prepared in accordance with Charities SORP IFRS 1021 'Ac¢ountsng and Reporting by Charities.. Ststement of Recommended Practice applKabbe lo ¢hartlies ppann9 their ac¢ounts in accordance with the FinancEal ReFQrting Standard appluble in the UK and Republic of Ireland (FRS 102) leffe¢b¥e 1 January 2015),. Financial Repth'ng Standard 102 'The Financial Reporb'ng Standard applicable in the UK and Republic ot Ireland. and the Companies Act 2006. The finarrial ststements have been Iyepared under the hi5tortsl ¢ost convents'on. Income Resources Voluntary income including doan$. gifts lega and grnnts that wovide core funding or are of a general nature are recognised where there is entitlement. certainty of receipt and the amount can be ryasured wrth suftient reliability. Such income is onty deferred when: The donor sfff that the grant or donation Must onty be used in fvture accountirMJ The donor has imp)sed cond11$ that must be met before the chanty has unconditM)nal use. In from Irading acbvths recogned a5 &wned (as Ihe related gts and services are provided). Investment incoff is recc•Jnise(l (m a rec&vable basis. Income Irom charitable xtivrtEs include5 incon received under contr1 or where entitlement to grant furKlin9 sut4.eci to SFecffic perfommnce conditions is reccKJnised as earned {as the related goods or 5eTvi¢es are provtded). Grant income included in this caiegory provides funding to support perfommnce activrties and is recogni%ed where there is entJ"Uement. certainty of receipt and the amounl can be measured wth Su"ent Teliabilty. InC0Th ts deferred when admission ald membership fees or Ferforrn¢e Telated grants are re¢eNable in advance of the dates to whth they relate. V lunteers and Donated Ser4ices aThJ Fwlit The Vdunteers involved with the charity are rntrS ofthe company limited by guarantee. They support the Museum so that ft can open to Thmbers of the public on up to 70 days each year. They include the Trustees. Directors and Officers. who carry additional reswnsibilrties, and volunteer engineers who work add.0al days maintsining and preserving the Coltion. The Museum has Th) paid staff. Furlher details oftt* contn"bubon rN•Je by Volunteers Can be found in Ihe Trustees. annual report Pa9e 22r28
Resources Ex nded Expenditure is recogntsed when a is incurred. Contractual mngements and performance related grants a recognised as gorjjs and Servi are supplied. Other grant payments are recogni8ed when a constructive oblation arises that result in the payment being unavoidable. Costs of generating funds a those costs irthrred in attracting votuntary income, those incurred in trading a¢bVrt Ihat raise fvnds. Charitable xtivitEs include expenditure aSslated with the restoration and maintenance of donated assets and leased premises and include both the direct costs and supkxxt costs relating to these xtivitEs. Govemance costs include those incurred in the goveman¢e of the ¢harty and its assets and a primarity associated wilh consttlulirmal and statutory requirements. Support Costs include central functions and have been apportied to the activities to which they relate on a totsl cost basis. Irrecov VAT All resources expended are da$$Ffied under a¢tivty headings that aggregate all costs reL4ted to the category. Irrecoverable VAT is charged againstthe category of resources eynded for whth rt was incurred. Leases The charity operate5 the Museum on land buildngs by Dwrcymru Welsh lfitster under a long-tern rent-free lease. which ewres in 2074. The laThJ on the Heritage Water Park sits is owned by Herefordshire Council, which is leasal to the Museum fora peppercom rent until 2047. Tan ible Fixed Assets and iation Tangible Fixed Assets represent the Museum's buildrngs, whth a being depreciated on a straighl-line basis over the remaining temi of the lease. and the Lvjiler over a 25-year term (2010- 20351. The Herilage Water Park is not a buling and is not $ubpct to dep¢1. Stock is induded at kjwer ofcost and net realtsable ¥ahJe. includes parts, fuel and rtems for sale to Museum visitors. Inalienable or Historic Assets The Gharity has a leasehold interest in the that is classed as an inalienabk asset and is not induded in the Balance Sheet This Inte5t eXre$ on 31st March 2074. F nd Structure The ¢harity has restricted income funds to account for sibjalions where donors require that donations are SFent on a partular purpose or where funds have been faised fDr a specific purpose. All other fvnds are unrestricted income fvnds. softhe¢h• The ¢harity is a company kmrted by guarantee and has no share camal. The liabilty of each mernber in the enI of a winding-up is liffited to £1. Page 23r28
In¢om• 2022 2022 2022 2021 Total From f••s. donalion$ •nd grnnts Membership fees 1,773 l.T13 55 Donations 1.490 1A90 649 Gifted Regular Income Gfft aKI fUftd 125 12S 295 549 226 Grant- Southall Trust 10.(MIO 10.000 10.000 Grant- tmr Cyrrnj Welsh Water Other grantslawards 10.486 5,300 15,786 9,758 500 From adiviti48 for g¢nerating fvnds Admiss fees 13.495 13895 7,341 Refreshments 7.185 7.185 2.539 Retail sale5 1,458 1,458 327 Museum prthjucts 164 23 Premises hire 39 Investment Income 8ank interest Asset disposals Premises hire includes pitch fees for stalls at the Steawk event Page 24r28
4 Ex enditure nded anal is of resources 2022 2022 2022 2021 ex For genernting Refreshments Total 2.274 2.274 1.618 Sale material 158 158 70 Special events 1.297 1.297 Consumables 3.701 3.701 3,523 A(trrfertslnpUbIty 2,084 Watefwords 211 For chariiabl• purp( Fuel 4.939 4.939 3.327 Machine maintenan 8.345 4,052 Premises maintenance 22.292 22292 26.020 DOay/Sa9eIartefacts 520 1.010 I0 Insurance 1.353 1.353 1,183 Publication$ ImuseumleducatK>n) 23 285 DepreCtIOn 13.714 13M94 13.894 Museum actNities 2.143 2.143 260 OfficelwnpulerlteteconVpx)stsgeltravel Project professional lees Rent 2,986 2.165 59 59 Subscriptions to extemal bodies Audil professional fees 438 3.420 Bank charge5 441 441 141 Pald em ees The charity does rN)t have any paid empbyees. TnleeS and Other Related Partles Expenses incurred by the Trustees are reimbursed at cost The Tntstees had material interest in any tr8nsacts.on L5ndertaken by the charity during Ihe year. 25r28
Tan ible fixed assets Museum At 31 Dember 21 42.507 8(.972 849.479 Additions At 31 December 2022 07 806 972 849 479 At 31 Drt)er 2(r21 20.014 180.387 186.507 Charge for year At 31 D¢¢¢mber 2022 12 165 13 894 21,743 192,552 200,372 Net book valu• Al 31 December 2021 22.492 626,585 649,077 At 31 De¢ember 2021 20.763 614,420 635,183 2022 2021 Fuel arKI oil 1J30 996 Materials and spare parts 750 Go(Js for resale Debtors and prepayments Trade debtors 226 10 credIto lamounts falllng within one year Trade creditors 24.489 Membership Fees in Athiance Accruals- AKludes the balae of the CCThI system digtsl upgrade 295 420 P4e 2&r28
11 Restrlcted funds The Restricted Income Fund reprets capktal grants provAJed by various funding bjIeS for the purposes of providing Tangible Fixed Assets in the ftjm of the new museum buildings. the Rotherwas Engine House arKI boilw shown in Note 7 to the accounts. The Restricted In¢ome Funds will be released to the StateThnt of Finartial Activities on the same basis as the Oepreciaiion Policy. An additional Restricted fund was created for the DCWI Environnt grant to enswe its use the purpose of hedge plantiw and other agreed iryrovemts. 12 Movement in funds incon* fvnd income Incow S3,209 5,300 Expendiiure Gross transfer betsveen funds Net rn¢)vement (5.803) At 31 Decerts 2021 At 31 December 2022 Page 27r28
Income WNI Exp•nditur• Aecountfor tho financlal y•ar end8d 31 Decamb•r 2022 (This page does rJtfom) part of the stattrtory aojmmts) )8YatKms PTQJgds Totsl Totsl Varlanr 2022 2021 2022-21 All cohjmns rourbY•d £ •4COME M•mb•rshlps. Grants and Donati Mèmbership fees Welsh Water Southall Trust Other outside bodias Pnvate donations Grfi Aid reftjnd A¢ti¥ities intom• Admission lee Refrgshmènts Retails sales, putyications aThJ DVD$ Income from hwè of prerni5¢S Gain from asset disp¢)s81s Interest Re1Ved Bank Inte$t TOTAL INCOME 1,718 6.028 10,486 15.766 6.SJ) 10.1xKI 4.100 1.615 9,758 10.IXIO 500 1CKI 1.410 549 3,600 671 323 226 13.495 7.185 13.495 7.185 1.622 7.341 2.539 350 6.154 4.846 1.272 310 557 1.257 7O) 152 41.918 152 104 16.rJ)5 57,923 31597 48 25A26 EXPENDITURE Vlsltor Servi Advertising and pu Sales materials Refreshments Special events and museum acthvil EthicatJnal proje¢ts, museum Utensils, consumables Installalions and Maintenanee Exhibits. inslal. repair & maintain artefa(*s Exhibits, extemal ntractOr semces Pfemises. paIrS & maintenarKe Prem+ses. extemal contrddor sew¥tss Fuèl. tubricath.ng c¥1 ar gas Displayslsignage addiborts arttl knw0veMts Depreciatitsn AdminlsilOTr Ovttrheads Postage and tdeph0ng1bb Computer •K1 Off Rent Insuran¢e$ SubsrJipknons to oth&r oryanisatx)nsfNxThls Travel and inodenlal costs AccNncY and consLdtancy fees Bank charges TOTAL EXPENDMJRE EXCESS OF INCOME OVER EXPENDTWRE 207 88 656 2.851 12631 177 158 2.274 158 2,274 70 1.618 589 3.701 3.701 3.524 5.499 6.561 1.8 15.531 6,781 4.939 2.391 13.894 2.931 3.630 397 {4.849) 1.121 1.612 946 5.023 10.9)8 1.971 4.790 4.939 1.381 5.640 3.327 1.44S 13.894 1.010 13.894 667 2.182 619 1.506 2.182 676 1,183 170 1131) 97 12.9821 300 23.033 1293 137 438 137 3.420 441 141 38.633 31.264 69.898 46M5 3285 {15259) (11.9741 1142681 Paje 28128