Waterworks Museum - Hereford
Company Number No: 01820495
Reglstered Charity No: 515866
WATERWORKS MUSEUM- HEREFORD
(A Company Llmlt•d by Guarantee not havlng a shar• capltal)
REPORT OF THE TRUSTEES AND
UNAUDITED ACCOUNTS FOR THE
FINANCIAL YEAR ENDED 31 DECEMBER 2024
The date of this document Is Tuesday 08 Jul 2025
Pauel of17
'AE90pRWI'
1510812025
COMPANIES HOUSE
A17
#141

Waterworks Museum - Heroford
Company Number No.. 01820495
Registered Charity No: 51 $866
Contents
Pages
Title Page
Contents
A. Truste88 Annual Report for Financial Year Endod 31 December 2024
Introduction
Chair & Director's Annual Report". 2024 - A Milestone Year
How the Museum is Governed and Operated
Regulation, Compliance & Risk Management
Collection and Archives
Statément of Trustees, Rosponslbllltles
B. Flnanclal Rèport & Accounts for Year Ended 31 Decembor 2024
Independent Examlner's Report
Statement of Financial Activities - Incorne and Expenditure Account
Balanca Sh••t
Notes to the Unaudited Accounts
10
11
13
Page2of17

Waterworks Museum - H8r8ford
Company Number No: 01820495
Registered Charity No: 515866
A. Trustees Annual Report for Financlal Year Endod 31 December 2024
Introduction
The Trustees of the Waterworks Museum - He￿f0rd, five of whom are also Directors for
the purposes of the Companies Act 2006, present their annual report with the accounts of
the charity for the financial year ended 31 December 2024,
The Trustees have adopted the provlsions of the 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).
Waterworks Museum - Hereford is a company Ilmited by guarantee (number 01820495)
and a registered charity (number 515866). The reglstered office is Broomy Hill, Hereford
HR4 OLJ.
Established in 1974. the charity is operated as an independent working museum and
industrial archaeology preservation society concerned primarily, but not exclusively, with
the story of the supply of water for public consumption from the mid-victorian era to the
close of the 20° century. Based in a Grade Il. listed building, the Museum is home to the
UK'S oldest in-silu worklng triple expansion steam engine and it has one of the widest
ranges of working pumping engines in the UK. These are interpreted by 8 combination of
displays, historic artefacts and ephemera related to potable water.
Chalr & Dlrector's Report: 2024- A Mllestone Year
2024 saw the museum celebrate its 501h annlversary year, Highllghts Included two special
evenls held In May and August wlth the Right Worshipful, The Mayor of Hereford.
Councillor Kevln Tillett attending and in the autumn, the newly refurbished M+VII display in
the Rotherwas Building was opened. The May event re-dedicated the pumping station with
its six bays and provided a moment forall volunteers and supporters to consider the
importance of the role they play and reflect on volunteers who have similarly supported the
museum in days gone by. This provided a great opportunity for the museum community to
come logether to talk about past events and future plans. Durlng the day, the Sisson5
Engine Set was opened by the past Chair, Richard Curtis on behalf of the donor Peter
Curtis. The sun shone in August when the opening of the Brockhampton Pump display
took place. In both displays, not only have the engines been carefully restored and brought
back into working order but the whole display, from ground work to roof, has been designed
and prepared by volunteers such is the skill set and teamwork of volunteers here at the
museum.
The WWII display has been refreshed by the creative imagination and effort of one
volunteer, Carole and a small team of other volunteers. This exhibit provides 8n insight into
INWII evacuee bedroom as well as a kitchenlscullery area displaying period equipment
and food brands. Many of the items have been donated by volunteers searching attics and
cupboards alike and provlding a wonderful authentic feel to the exhibit. Opened officially in
October, 'Captain Mainwaring, gave orders for visitors and volunteers to 'step forward and
see for themselves the bNO rooms. The Rotherwas Building will continue to highlight the
Home Front of Herefordshire and with the Blackstone Engine and the focus on the
Munitions Factory at Rotherwas, this exhibit has set the standard for future displays.
During the year Iwo editions of the museum publication 'wate￿OrdS, provided members
and the public with a roundup of news. information and key events from this celebratory
year and we were delighted that in September, the renowned Vintage Spirit magazine for
steam and industrial heritage enthusiasts provided an excellent eight page article entitled
'Hereford's Victorian Treasure,, in celebration of our 50 year history.
Page 3 of 17

Waterworks Museum - Hereford
Company Number No: 01820495
Registered Charity No: 515866
Earlier in the New Year, a major electrical fault that affected the whole of the Victorian
building was discovered. This led to the engagement of an electrical contractor to
undertake upgrades to the system. A small team of volunteer engineers laid the labour
intensive cabling that was needed and they worked in cooperation with the external
contractor who ensured appropriate compliance standards were met. Both the voltage was
increased and trips were added to help meet the future needs ol the building. The task was
no easy feat!
Unfortunately, the impact of this work affected the re-opening of the museum steam days
which were postponed until May. The public were able to visit the museum but with
reduced admission prices to reflect that some parts were not accessible. However, to help
mitigate the potential financial impact the season was extended with steam days continuing
into September and October.
On a brighter note, in the spring, the museum was invited to become a video case study.
The aim was to encourage organisations to become accredited museums by highlighting
the way we approached the Arts Council England (ACE) accreditation process. This was
placed on the ACE website for others to View in the summer.
The resolution of a long standing issue took place on 30 October. Herefordshire Council
rernoved the road roller and its associated living van from the museum site and the
museum subsequently received reimbursement of the costs of parts during the 5 years that
volunteers carried out work on the road roller. It is good that the road roller has at last found
a new home and for us, the matter has finally been drawn to a close.
The year also saw further access Improvements being made. Pavlng slabs wer8 lald by
volunteers to creaté a morè even surface vlhen walking bets•lee'n the"'newly-opened"
Brockhampton Pump and Sisson Engine Set display areas, Also, vlsltors can now circulate
around the site from the Southall Gallery as an exterior ramp has been installed and
previously where steps had to be negotiated from bay 5 into bay 6 there is now an interior
ramp providing improved accessibility between the Beam Engine and the Triple Expansion
Steam Engine exhibits.
2024 Is no dlfferent to years gone by, In that volunteers who are prepared to share thelr
skills and work together are always needed to enable the museum to operate and grow.
We have been fortunate to have a number of new volunteers join with a range of skills and
attributes from IT, social media, accounting, cafe and engineering all supporting the vision
of the museum.
This vision, set out in the 2022-2025 FopNard P18n. highlights the need to be adaptable and
flexible to the ever changing nature of the museum sector collectively as well as the
expectations and needs of visitors individually. Keeping the balance between addressing
volunteer capacity, having financial stsbility and gaining exciting new developments at the
museum are inextricably bound together in the planning process and budgeted projects will
be a feature of the 2025-2028 Forward Plan.
Financial sustainability is a constant topic for Trustees at each meeting. For example,
during 2024 a number of funding streams have been considered and applications
submitted such as one for improvements to our digital resources 'From Steam to Screen,
with Arts Council England (ACE) and another with ACE Museum Estate and Development
Fund for chimney repairs. We were not successful with these applications and recognise
that in the current climate, funding is limited and the competition high.
Pgg84of17

Waterworks Museum - Heraford
Company Numbor No: 01820495
Registered Charity No: 515866
More success has been seen with our applications for biodiversity projects, a community
grant from Dth Cymru Welsh Water for laptop and IT equipment and a grant for a digital
donation point. Although they may seem small steps. each one supports the operational
change needed for the museum to continue to thrive. The museum will learn from these
experiences and continue to fight for much needed funding.
In 2024 the financial position of the museum became stronger but in line with the museum
sector, admission numbers were lower than 2020 and the museum remains vulnerable to
Increased costs. Directors have been careful to ensure spending is monitored and
revlewed each month. Changes to admission prices, a new membership option introduced
and wider encouragement for community pre group bookings are ways the museum has
increased Its operational revenue. Tracking the unlt spend of vlsitors In the cafe and the
shop is proving an essential tool wlthin budget plannlng.
Directors were delighted with the outcome of a meetlng with our benefactor SR & PH
Southall Trust. Discussion focused on establishing a longer-term investment plan for the
museum. To this end, the museum applied and recelved the maximum grant of £5k from
Museum Development Midlands (MDM) to secure the appointment of a financial servlces
speclallst 8nd for legal advice. Trustees appointed a financial services specialist In
December 2024 which will enable these discussions to be progressed in 2025.
In the autumn, directors and volunteers planned the 2025 calendar. Group bookings are
high and we are seeing groups wishing to retum and pre booking in advance. Our partner
links with engineering enthusiast groups as well as local Art & Cultural Groups and
-specialist coach.tours that focus on accessibility are co_ntinuing to grow. The D￿r Cymru
Welsh Water education package continues to be fully booked and well utilised by prlmary
schools, with over 350 pupils and an average of 29 pupils each Tuesday during term tlme.
We continue our dialogue with post 16 colleges, New Model Institute for Technology and
Engineering (NMITE), home school communities and wlth the National Associatlon
Blacksmith Artlsts.
Looking ahead, 2025 will see renewed enthusiasrn as the Trustees consider the next
2025-2028 Fopward Plan. It is a great way of encouraging the whole museum community to
participate in outlining the next phase of the museum in a coherent and structured way.
Searching questions will be asked about what the museum needs to do to be a success
over the following 3 year plan as well as what they would like the museum to look like many
years into the future as in a time of ongoing change, financial restraints and challenges it is
important to secure a clear direction for the museum.
Looking back can also help shape the way fon￿ard, our industrial heritage provldes real
examples of how innovation and technology has shaped our past uslng expertise, problem
solving skills and consldered risk taking. Real examples from the water industry can give
enthusiasts and engineers alike the tools and confidence to undertake some unique
opportunities in the future to work with and keep the museum's engines and pumps of the
past alive and relevant in today's and tomorrow's world.
Finally, on behalf of all members, I wish lo say 'thank you, and show my gratitude to our
two benefactors that have continued to support the museum throughout the past 50 years
and are continuing to support the rnuseum in the future. Without their funding the museum
would not have reached this significant milestone.
There is much to celebrate beyond our 50 year and I would like to encourage all Members
to come along with family and friends, meet our volunteers and see the wonderful range of
engines, pumps and artefacts on site. I look forward to seelng you soonl
Page S of 17

Waterworks Museum - Hereford
Company Number No: 01820495
Reglstered Charlty No: 515866
How the Museum is Governed and Operated
The museurn's charitable purpose is..
Yo encourage and promote public education and interest in the preservation, display and
running for the public benefit waterworks engines, pumps, boilers and other equipment and
relics of historical or general and for other charitable purposes connected with the study of
water supply und8rtaking'
Our vision is to thrive and grow as a specialist museum, focused on the history of water
supplies for public benefit, and be a prominent Herefordshire visitor attraction. The
Museum aspires to bring the industrial heritage to life through the working engines, pumps,
boilers and other artefacts It looks after. We will achieve our vislon by being recognised as:
1. A working museum wholly governed, managed and operated by volunteers.
2. Custodians of an interesting and informative collection of engines and artefacts sited in
Hereford's Grade Il. listed authentic Victorian waterworks.
3. A valued resource that can support learning and education (physically & remotely).
We will drive our vision forward by following our YALLE&'
. SAILlr￿env[ronrnent for visitors. volunteers & users of the
Museum, its collection and facilities
. Iruth￿￿t0 manage the Museum effectively by our volunteers, members,
benefactors & partners
erT
ether playlng an actlve role In the communltles we operate In.
The Museum's collections are used in an education programme, mainly, but not exclusively,
for primary school children, using curriculum-led materials designed and delivered by
experSenced teachers frorn the educational sector. Tours of the Museum are available, led
by knowledgeable volunteers and the Museum prides Itself in offering an enjoyable
experience to visitors including those who may need some form of assistance.
The museum has no paid staff and is wholly governed, managed and operated by
Volunteers. The governing body 13 the Council of Management, the members of which are
charity trustees. The Council of Management is appointed by and is accountable to the
members of the museum, of which there are currently around 120. The position of Trustee
is a non-remunerated role, although out of pocket expenses are reimbursed at cost.
The day-to-day management of the museum is delegated to a smaller group of Trustees
who are elected annually to serve as Directors, and who collectively oversee the activities
of the museum's volunteers. For awareness, Jill Phillips was appointed Chair of Trustees
and Governance Director on 16 May 2022. Also, the museum continues to have a
volunteer Health & Safety Officer and the designated Safeguarding Lead is the
Govemance Director..
The Directors at the date of this report are..
Jill Phillips
Chair of Trustees and Governance Director
Mike Harries
Financial Director and Honorary Treasurer
Mike Glover
Chief Engineer
Fred Snelgrove
Collections Co-manager
Diane Cammidge
Collections Co-manager
Four of the above Directors served throughout the financial year ended 31 December 2024
and one Director (Diane Cammidge) was appointed in July 2024. There are currently 18
Trustees at the date of this report,. five Directors shown above and the other 13 Museum
Trustees are: Paul Allen., Neil Atkins,. Shane Ba51. Kevin Burrows,. Adrian Eyre., Carole
Franklin; Peter Heaton., Michelle Impanni. Liam Kirkham; Keith Munn.,
Graham Prosser,. Chris Santry and Neil Tumer.
Page60117

Waterworks Museum - Hereford
Company Nurnber No: 01820495
Registered Charity No: 515866
In 2024, the following changes took place:
Mike Aitkin, Stan Lawler & Richard Gla5spoole resigned as a Trustee in March 2024.
July 2024 & November 2024 respectively
Neil Tumer, Chris Santry & Shane Ball became Trustees on 24 September 2024, 7
January 2025 and 13 May 2025 respectively.
Neil Atkins resigned as a Director on 9 July 2024 and Diane Cammidge was appointed
as a Director & Collections Co-manager on 9 July 2024.
For awareness, Richard Curtis resigned as Company Secretary on 11 February 2025.
The Trustees made the following annual appointments, which were renewed for the
financial year January to December 2024:
Accreditation Mentor:
Katherine Andrew.
59 The Common, Abberley, Worcestershire WR6 6AY
Independent Examlner: Edward Richards, Thome & Co;
1 St Mary's Street, Ross-on-wye, Her8fordshire HR9 5HT
Bankers:
HSBC Bank plc, 35 High Town, Hereford HR12AQ
Solicitors:
Lambe Corner, 36137 Bridge Street, Hereford HR4 9DJ
The Council of Management met on four occaslons In 2024: 12 March, 14 May,
24 September and 13 December. The Annual General Meeting was held on 9 July 2024.
Regulation, Compllance & Risk Management
AGM.. This year's Annual General Meeting (AGM) has been convened for 8 July 2025. All
resolutions at this meeting will be matters of routine business, that is to approve the year
ending .31 December 2024 Tr.uste.es Report and Accounts and_resolutions for the annual
re-appointment of each Trustee, the Accreditation Mentor and Independenl Examiner. For
awareness, the resolutions passed al the previous AGM, held at the Museum on g July
2024 were all items of routine business (as described above).
Forward Plan: The strategic and operational direction of the museum is managed using a
3 year Forward Plan. The 2022-2025 Forward Plan was approved by the Trustees on 22
September 2022. It is reviewed by Directors regularfy with updates presented to, or
available at, the Trustee meeting each second quarter in the year. The Chair's annual
report provides an update on the continuing Ghallenges and pressures facing volunteers at
the museum. 2025 will see the transition from the current plan into a new 3 year FoDNard
Plan for 2025-2028 so a clear direction is set for the future. This offers an opportune tirne to
reflect and review the Museum's operations, its fulure developments (short & longer term)
and the aspirations of volunteers, members, and the wider museum community.
Accredltatlon: The museum completed the Arts Council England re-accr&ditation process
in November 2023 and gained Full Accreditation status. Giving confidence that the
Museum is w811 managed and governed effectively. In 2024 an action plan to deal with the
one recommendation from the re-accreditation process concerning improvements to the
Emergency Handbook is on track to achieve the desired outcome.
Heafth & Safety: There were no reported safety incldents in the year ending 31 December
2024 although a major electrlcal fault was identified and remedial work was undertaken.
Data Protectlon: The museum continues to meet its data protectionlprivacy requirements
and continues to strengthen its governance to ensure safe keeping of museum records.
Policy Update: Museum policies are reviewed & approved by Trustees as a rolling
programme & in line governance review schedule. The Volunteer Handbook & Volunteer
Agreement have been updated in 2024 & Directors approved a new Risk Management
Policy in December 2024. To help it operate better in the digital world, a new Social Medla
Pollcy and a Cyber Securlty Policy were approved by the Trustees in
March 2025.
Paue7of17

Waterworks Museum - Hereford
Company Number No: 01820495
Registered Charity No: 515866
Training: Volunteers are kept up to date with ongoing matters via regular, nomially
monthly, face to face briefings. Volunteer training continues on matters such as Health &
Safety (e.g. ladder safety & working from heights) and Safeguarding. Four volunteers have
current First Response Certificates for medical emergencies and two Trustees have a First
Aid Certificate. Volunteers, Directors & Trustees have benefitted from on-line external
training courses organisedlfunded through Museum Developmant Midlands (MDM) on
subjects such as Governance, Finance & Fundraising, IT and Marketing.
External Llnks.. In 2024, the Chair of Trustees was appointed onto the MDM Oversight
Board which has oversight of Arts Council England funding and who provide advice on how
MDM meets the need5 of the Midlands museum sector. The board has nine members
made up of MDM staff and representatives from different types of museums across the
region.
Risk Management: Below are Ihe main business as usual risks, managed by the Council
of Management and are typical of a small, independently funded & wholly volunteer run
charity:
sust81nablllty of resources available to the Museum, both financial (operational budget &
grant fundlng for projects) and non-financial (succession, time, capacity, skills &
experfence of Volunteers, Trustees & Directors)
health, safety, and wellbeing of all who visit the museum including volunteers, the
general public especlally relating to safeguarding of childrenlvulnerable adults, users of
the Museum's ser4ices, contractors, traders and exhibitors.
need to keep up to date with changing UK laws, regulations & standards of good
practice expected of an accredited museum
Some developments In known areas of risk for the Museum are suminarised below..
Accesslblllty.. Followlng an Access Audit in May 2023 an Action Plan was carried out in
2024 to help mitigate the risks & Issues identified, resulting in improvements for
accessibility across Dlgital, Environmental, Social and Physical access needs of visitors
and volunteers.
Café: To manag8 its food safety arrangements better, in last quarter of 2024 th8 museum
start8d to use 'Safer Food Better Business for Caterers, documentation to ensure
compliance with food hygiene laws and its legal requirements to put in place, implement &
maintain food safety procedures. It felt improvements using an extemally recognised
system would improve consistency and benefit the museum long term. In November 2024,
the museum was graded 'low risk, by Herefordshire Council Environmentsl Health following
a desk top food hygiene assessment as part of a three yearly renewal process. Also,
updated Café Procedures approved by Directors on 10 December 2024 have strengthened
the recording & monitoring of Cafe processes. Café volunteers have up lo date Level 2
Food Safety & Hygiene for Catering Certificates which are renewed three yearly.
The Trustees remain constantly aware of the challenge of managing its risks without the
support of paid and professionally qualified museum staff.
Collectlon & Archives
The Museum collection in 2024 grew by 188 items, represented by 117 catalogue entries.
During 2024, and 25 years after they arrived in Hereford, three items which were on long
term loan from Amgueddfa Cymru (previously the National Museum of Wales), the
Simpson beam engine, overshot waterwheel and Wilson Hartnell Dynamo are now in
permanent ownership of the museum. Cared and maintained by volunteers since their
installation, these artefacts will continue as integral exhibits for visitors to enjoy.
Paoe8of17

Waterworks Museum - Hereford
Company Number No: 01820495
Registered Charity No: 515866
Other key donations during the year included a contract dated 5 February 1895 between
Worth Mackenzie & Co Ltd and the Mayor of Hereford relating to the Triple Expansion Steam
Engine and a contract dated 17 September 1901 between Mather & Platt Ltd and the Mayor
of Hereford for Three Reeves Patent Compound Filters at the Water¥vorks in Hereford. The
1895 contract was used in a display during the 50th Anniversary events held in 2024.
The museum was delighted to receive a donation of 10 Stirling Engine models, all made by
the same person and donated by his family which include a Rider-stirling Engine {No.25)',
Robinson pattern Stirling Engine (No.34) & a Rotative Manson cycle Engine (No.67).
In 2024, the museum enjoyed the official opening of the Brockhampton Pump Display and
the Sissons Engine Set with various drawings related to engines made by W Sisson & Co
Ltd from the late 1940's to late 1950's donated. The collection has been further enhanced
and made more accessible by the refreshed World War11 display using existinglnew artefacts
and highlighting the Herefordshire Home Front focused on the Rotherwas Munitions Factory.
Also in 2024 a project in the historic'old Workshop, is substantially complete involving nearly
600 tools & other artefacts being photographed and linked to a detailed record to support the
catalogue listing and future stock take activity. A regular volunteer is now looking after this
display allowing the 'Old Workshop, to be opened up to visitors once more.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Trustees are responsible for preparing an annual report and the accounts in accordance
with: (i) applicable charity law, and (li) the provisions of the 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 2015).
Company law requires the Trustees to prepare accounts for each financial year that give
true and fair view of the state of affairs of the company and of the surplus or deficit of the
charitable company for that year. In preparing those accounts, the Trustees are required to:
Select suitable accounting policies and then apply them consistently
Make judgements and estimates that are reasonable and prudent
Prepare the accounts on the 'going concern, basis, unless it is inappropriate to presume
that the company will continue in business.
The Trustees have overall responsibility for maintaining accounting records which disclose
with reasonable accuracy at any time the financial position of the charitable company and to
enable them to ensure that the accounts comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the charitable company and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities,
The foregoing report has been prepared in accordance with the small company regime
(Section 419(2) of the Companies Act 2006).
The trustees declare Ihat they have approved the trustees, report.
Signed on behalf of the Charltles Trustees by:
Jill Phillips
Chair of Trustees and Governance Dlrector
Waterworks Museum - Hereford
17 June 2025
flu
Page g of 17

Waterworks Museum - Hereford
Company Number No: 01820495
Registered Charity No: 515866
FINANCIAL REPORT FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
This Report covers the 12-month financial period ended 31 st December 2024. The Accounts
presented in this Report comply with the requirements of the Companies Act 2006 and the
Charity Commission. Following the practice of previous years, the narrative that follows
refers mainly to the Income and Expenditure account. This distinguishes everyday
Operations and Maintenance activities from those devoted to specific Projects.
The Museum had intended to run a full programme throughout Ihe year, but the discovery of
a major electrical supply fault during winter maintenance meanl we had to delay reopening
fully to the public, and were only able to be in steam from May. This resulted in lower
admissions income and unanticipated expenditure on an electrical contractor. Malerial and
supply costs continued to increase, but through careful procurement and improved
processes, our administration overheads decreased by around 200k.
Operatlons.. .Despite the impact of our deferred full opening on visitor numbers, the café
spend per head continued to increase, meaning refreshments income was only marginally
down on the previous year. The Museum was also the beneficiary of an increased number
of private donations.
Projects: Projects fall into two categories, either 'Designated' or 'Restricted'. These are
carefully distinguished in the accounts to meet Charity Commission requirements, but for
reporting to Museum Members they are combined under the 'Projects' heading. Designated
Projects use money allocated from Museum funds at the discretion of the Directors andlor
Trustees who monitor each project carefully. Restricted Projects draw on money given by an
outside body for a specific purpose, being ring-fenced and used strictly in accordance with
the terms of the grant.
Ignoring non-cash items (depreciation and stock movements), just over 17 % of expenditure
was project based - a significant increase from 2023's 10%, but still lower than historically.
Designated Projects.. Two 'Designated' projects were worked on during the year. Our
renewal of the World War11 display was part-funded by a generous donation from one of our
volunteer members. The Southall Trust increased their funding allocation for projects which
contributed to completion of the Brockhampton pump set display, opened in August.
Restrlcted Projects.. Heritage Compass gave a grant to purchase a contactless donation
point, which itself contributed to the increased donations income. A fund was created to
manage the electrical repair work, and attracted some specific donations from the public.
2023,8 Environment fund award from DCVIMI paid for further landscaping and environmental
improvements, including a habitat surley; the residue will be drawn on in 2025.
Conclusion: Despite our reduced admissions, Other income streams were strong and, olher
than the unforeseen electrical remediation, project work focussed on effective use of
volunteers, time in preference to capital expenditure and external contractors. We were
therefore able to make a healthy operating profit to roll forward to next year. None of this
would be possible without the essential support given by the Museum's Benefactors,
Members, Volunteers, and friends. as provided over the course of this last year.
Mike Harrie8
Financial Director and Honorary Treasurer
Waterworks Museum - Hereford
17 June 2025
Page100117

Waterworks Museum - Hereford
Company Number No: 01820495
Registered Charity No: 515866
Inde
endent Examiner's Re
ort
To the Directors of Waterworks Museum - Hereford
Unaudited accounts for the financial year ended 31 December 2024
I report on the accounts of the charitable company for the flnancial year ended 31
December 2024, which comprise the Statement of Financial Activities, the Balance Sheet
and the related notes.
Respective responsibilities of Trustees and Independent Examiner
The charity's Trustees (some of whom are also the Directors for the purposes of company
law) are responsible for the preparation of the accounts. The charity's 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 required.
Having satisfied myself that the charity is not subject to audit under company law and is
eligible for independent examination, it is my responsibility to..
examine the accounts under Section 145 of the 2011 Act
to follow the procedures laid down in the General Directions given by the Charity
Commission (under Section 145{5)(b) of the 2011 Act)., and
to state whether particular matters have come to my attention.
Basls of Independent Examiner's report
My examination was carried out in accordance with the General Directions given by the
Charity Commission. An examination includes a review of the accounting records kept by
the charity and a comparison of the accounts presented with those records. 11 also includes
consideration of any unusual items or disclosures in the accounts and seeking explanations
from you as Trustees concerning any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit, and consequently no opinion is
given as to whether the accounts present a 'true and fair view, and the report is limited to
those matters set out in the statements below.
Independent Examiners, statement
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that, in any material respect, the
requirements
to keep accounting records in accordance with s386 and 387 of the Companies Act
2006. and
to prepare accounts which accord with the accounting records, comply with the
accounting requirements of Sections 394 and 395 of the Companies Act 2006 and
with the methods and principles of the 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 2015) have not been met,. or
2. to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Edward
Thorne & Co., Chartered Certified Accountants
1 St. Mary's Street, Ross-on-wye, HR9 5HT
th
12 June 2025
Page 110117

Waterworks Museum - Hereford
Company Number No: 01820495
Registered Charity No: 515866
Statement of Financial Actlvities
(Income and Expendlture Account)
For the flnan¢l•l year Ondod 310ec•mb•r 2024
Grants, fees and donations
Activities for generating fund8
Inve51menls
Total Income
30,859
27.718
1,612
1,098
31,957
27,718
1,612
26,284
30,214
816
Generating funds
Charitable obleclivos
Totsl Exp•ndftur•
8,810
49,387
9,393
46,300
30,220
19,167
Net incomelèxpendlluro
Grosg Iransfer be￿een funds
N•t movornent In fvnd•
Tolal lunds brought forward
-'3-089-
11,804)
19,897
1,804-
(16,8081
3,089
1.621
Totsl funds earrled forward
P89812of17

Waterworks Museum - Hereford
Company Number No: 01820495
Registered Charity No: 515866
aterworks Museum - Hereford
Balance Sheet
A8 at 31 December 2024
2024
2023
Unrestricted Re8trictsd
funds
No
Flxed Assets (tangible fixed assets only)
Stock
Debtors and prepayments
Cash at bank and in hand
Total current assets
1.703
2,200
1,703
2.200
2,697
451
rr
Lla
Iiitle8
Creditors falling due within one year
10
1,376
1,376
323
Not Curront A880ts
Provisions for liabilities
Not A88et8
10
438
438
915
meF
Unreslricted Funds-
Restricted Funds
11112
92.094
92,094
The charitable company is entitled to exemption from audit under Section 477 of the
Companies Act 2006 for the year ended 31 December 2024.
The members have not required the charitable company to obtain an audit of its financial
statements for the year ended 31 December 2024 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.
These financial statements have been prepared in accordance with the special provisions of
Part 15 of the Companies Act 2006 relating to small charitable companies.
Signed on behalf of the Trustees by:
Jill Phillips
Chair of Trustees and Govemance Director
Waterworks Museum - Hereford
17 June 2025
¢ UJIW
Page 13of17

Waterworks Museum - Hereford
Company Number No: 01820495
Registered Charity No: 515866
Not￿ to the Unaudlted Accounts for the flnanclal year ended 31 D¢¢ember 2024
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 IFRS 1021 'Accounting and Reporting by Charities=
Stslemenl of Recommended Practice appli¢abl8 to charities preparing Ih8ir accounts in accordance with the
Flnancl81 Reporting Standard appllcable In the UK and Republlc of Ireland IFRS 1021 (effective 1 January
2015),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republlc of Ireland, and the Companies Act 2006. The financial statements have been pr8par8d under the
hlstoric81 cost convention.
IDGomLkn' Voluntary Income Includlng donallons, gifts and legacles and grants that provide core fundSng or
are of a general nature are recognised where there is enlillement, certalnty of receSpl and the amount can be
measured wlth sufficient raliability. Such income is only deferred when:
The donor speafies that the grant or donation must only be used in future 8ccounting periods., or
The donor has Imposed condlllons that must bo mot before t178 Cha￿ty has uncondlllonal use.
Income from trading activities 1$ re¢ognlsed as eamed las the related goods and 6ervic6s are provlded),
Investment Income Is re¢ognls8d on a r8eelvabla basls.
In￿me from charlleble 8¢llvllies includes incom8 recalved under contract or where enlltlement lo grant funding Is
subject to sp•clfic perfomiance conditions is recognlsed as earned las the related goods or s•rvlcos are provided).
Grant income Included In this category provides fundlng lo support Perfo￿anCe aclivitlos and is recognlsed where
there Is 8nlillemenl, certalnty of recelpt and the amount can b8 m¢asured wllh sufficlent rellablllty.
Income is deferred when Bdmlssion and rnembershlp fees or perfomance related gran18 are recelvable In Bdvance
of the date810 whlch they relate.
The Volunteers Involved wlth th8 charfty are members of the
company Ilmlted by guarantee. They support the Museum 80 that il ¢8n open to members of the public on up lo 70
d8yS 88ch year. Th8y includ8 the Trustees, Dlrectors and Off1¢8rs, who carry 8ddiilon81 responsibilities, and
volunteer engineers who work additional days m8lntalning and preserving the co118Ction. The Museum has no paid
staff. Further d8tai15 of the contribution made by Volunteers can be found in the Trustees, annu81 report.
esau￿. Expendllure Is recognised when a Ilablllty 1$ Incurred. Conlraclual arrangements and
perfom8nce related grants are recognised as goods and services are supplied. Other grant payments are
recognlsed when 8 conslrucilve obligation arises that rèsult In tho payment belng unavoidable.
l. Costs of generatlng lund8 are those costs Incurred In attractlng voluntary incom?. and tho88 Incurred In Iradlng
8Ctivltles that raise funds.
11. Charltable actlvilies Include expendllure assoclated wSlh the restoration and maintenance of donated assets and
leased premlses and include both the direct costs and support costs relating lo these activities.
iii. Govemance costs Include those incurred in the governance of the charity and its assets and are prlmarfly
associated with conslilutional and slatulory roqulremenls.
Iv. Support costs Include central functlons and have been apportloned to the acllvlties lo whlch they r8lale on
total aGllvity cost b8sls.
￿￿19 VAT.. All resources expended are classified under activity headings Ihal aggregate all costs related to
the category. Irrecoverable VAT is charged against the category of resources expended for which il was incurred.
S2gOt&￿The charity OP8rat8S th8 Museum on land and bulldlngs owned by Dwr Cymru Welsh Water
under a long-lem rent-tree lease. which expires in 2074. The land on which the Heritage Waler Park sils is owned
by He￿10rdS￿lre Council, which is leased to the Museum for a peppercom rent until 2047.
Tangible Fixed Assels represent the Museum's buildingg. which are being
depreciated on a straight-line basis over the ￿MainIng temi of the lease, and the boiler over a 25-year term
(2010-20351. The Heritage Water Park Is not a building and 1$ not subject to depreciation.
£tQGLStock is induded at the lower of cost and net re81isable value. Stock includes parts. fuel and items for sale to
Museum visitors.
The charity has a leasehold interest in the propety that is classed as an inalienable
85set and is not induded in the Balance Sheet. This interest expires on 31 st March 2074.
Pag• 14 of 17

EuDdL&tr￿. The charity has restrlcted Income funds to account for situation5 where donors require that
donations are spent on a particular purpose or where fund5 have been raised for a specific purpose. All other ftjnds
are unrestricted income funds.
al Sta
s of the chari
The ch8rity is a company limited by guarante8 and ha5 no share capital. The liability
of each member in the evenl of a windin9-up is limited to £1.
2024
R•strlct•d
202
Totsl
UnroStriGtod
Totsl
From f808, donatlon8 and grants
Membershlp f88S
Donallons
Gifted Regular Income
Glft aid refund
Grant - Southall Trust
Grant - Dwr Cymru Wolsh Water
Olhor granlslawardj
1,987
3,258
1,987
3,e13
1,945
1,486
555
1,464
11,000
12,411
739
1,484
11,000
12,411
453
10,000
12,400
From actlvltle8 for gen•ratlng fund•
Admisslon fees
Refreshments
RetBII sales
Museum products
Premlses hlre
15,283
11.017
1,093
206
15,283 17,275
11,017
11,195
1,093
1,535
200
209
Investmont Incom•
8ank Inl8resl
Othor Incomo
Asset disposalg
Llnro8trl¢lod
Restrlcted
Total
Total
For g•norallng fund•
Relroshmenlg
Sale materlal
Sp8¢lal ￿ants
Hardware and Consurnabl88
Advertlslnglpublldty
Walerwords
2,058
836
2,058
838
2,860
1,126
1,769
3,401
S43
2,312
3,401
1,779
3,172
For ch•rltabl• purpo•o•
Fu81
MBchln• malntenance
PremiseB rnainlenanr?
Display151gnagelartefa¢ts
Insurance
Educatlonlpubllcatlons
Depreciation
Museum activities
Offi¢el¢omputerltelecornlpostageltrnv81
Proleot prof•$$ional fges
Rent
Sub5cApllons lo extemal bodles
Audit professional fees
Bank ¢harges
4,935
8.021
8.994
1,712
1,406
12
4,935
8.021
13.985
1,712
1,406
12
13,894
1,110
2.024
480
59
632
438
5.349
6.994
12,809
109
1,561
4.971
13,714
13.894
391
3,187
445
59
418
501
1,110
2.024
480
59
632
438
22
167
49
30
PBge15af17

5 The chalty does not have any paid employees.
5tees and Other Related Partles.. Expenses incurred by the Trustees are reimburse(S at cost. The
Trustees had no mAlerial interest in any transaction undertak8n by the charity during tho y8ar.
Rotst Museum
COBI
Al 31 December 2023
Additions
At 31 DeGemb8r 2024
42,507
806,972 849,479
42
Depreclatlon
At 31 December 2023
Charge for year
Al 31 D•¢•mb•r 2024
23,472
204.717 228,189
25,201
216,882 242,083
Not book valu•
Al 31 December 2023
At 31 Decarnber 2024
19,035
17,306
602,255 621,289
590,089 607,395
Fuel and all
Mate￿al$ and sparo P8rt8
Goods for resale
1,070
319
1,289
500
D•btor8 and pr•paymont•
Trade debtors
10 Cv•dltor8 {omount• falllng due wlthln on• y•ar)
Trade credltors
meMbersh￿P Fees In Advance
Accruals
395
981
303
20
Accrua18 Include the balance of the Brockhampton roller 8hutt8r door.
11 Ro#t[l￿. Tho Restdcted Income Fund represenls capltal grants provided by various fiJnding
bodies, including for the purposes ol providlng Tangible Fixed Assets in the fomi of tha new museum
buildings, the Rotherwas Engine House and boller Shown in Note 7 to the accounts. These R85triclod
Income Funds will ba released lo the Statamonl of Flnancial Activities on the samè basls as the
Depreclatlon Pollcy. New reslrfcted funds were crealed for romedlallon of a major eleclrfcal fault and
enhancements to the Heritage Woter Park.
Unrestrfcted
Restrlcted
Income
Expenditure
60,189
1,098
21
12
Gross transfer behveen funds
Nel movement
At 31 DeGember 2023
At 31 December 2024
72,197
616,826
Page16¢f17

Waterworks Museum - Hereford
Company Number No: 01820495
Registered Charity No: 515866
This page does not form part of the statutory accounts
and has been left intentionally blank.
Pago 170117