##
##
|||P~ae|
|---|---|---|
|Legal &administrative
information|||
|Trustees'
Annual Report||2-5|
|Independent
Examiners
Report||6-7|
|Consolidated
statement offinancial|activities||
|Consolidated
and charity balance sheets|||
|Notes forming part ofthe financial|statements|10-17|
|For the information
ofthe Directors|and Trustees only:||
|Detailed trading
and profit and loss|accounts||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|
||||Funds|Funds|2020|2019|
|||Notes|||||
|Incoming Resources|||||||
|Donations
and Legacies||2 6t 3|7,175||7,175|39,096|
|Rent Received|||5,195||5,195|4,820|
|Cafe Income|||10,670||10,670|50,683|
|Hire ofPremises|||668||668|2,966|
|Grants and Other Income|||11,334||11,334|5,340|
|Transition Book Commission|Income|13&21|||0|601|
|Bank Interest Received||5|120||120|130|
|Total Incoming Resources|||35,162||35,162|103,636|
|Resources Expended|||||||
|Direct Charitable
Expenditure:|||||||
|Exhibition
Costs and Loss on|Sales||||0|0|
|Property Improvements|||||0|0|
|Museum
Overheads|||12,426||12,426|30,172|
||||12,426||12,426|30,172|
|Other Expenditure|||||||
|Management
k.Administration|||23,333||23,333|33,262|
|Total Resources Expended|||35,759||35,759|63,434|
|Net Incoming Resources|||(597)||(597)|40,202|
|Fund Balances Brought Forward|||||||
|1st January 2020|||219,401|212,555|472,158|431,956|
|Fund Balances Carried Forward|||||||
|31stDecember 2020|||218,804|212,555|471,561|472,158|
##
||||||2020|2019|
|---|---|---|---|---|---|---|
|||||Note|g||
|FIXEDASSETS.|||||||
|Tangible
assets||||10|258,409|251,510|
|Intangible
assets||||11|||
||||||258,409|251,510|
|CURRENT ASSETS:|||||||
|Stocks|||||6,151|5,592|
|Debtors due within|one year|||12|11,454|10,945|
|Short term deposits|||||||
|Cash at Bank & in Hand|||||222,920|242,228|
||||||240,525|258,765|
|CREDITORS: amounts||falling due within|one year|13|(27,373)|(38,117)|
|NKT CURRENT ASSETS/(LIABILITIES)|||||213,152|220,648|
|TOTAL ASSETSLESSCURRENT LIABILITIES|||||471,561|472,158|
|CREDITORS: amounts||falling due after more than one year||14|||
|NKT ASSETS/(LIABILITIES)|||||471,561|472,158|
|FUNDS:|||||||
|Unrestricted
Funds|||||||
|General Funds|||||259,006|259,603|
|Designated
Funds|||||||
||||||259,006|259,603|
|Restricted Funds|||||212,555|2]2,555|
|TOTAL FUNDS||||17|471,561|472,158|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2|Donations
and Gifts||2020|2019|
|---|---|---|---|---|
||Individuals||7,175|8,142|
||Charitable
Foundations||||
||Bequest Donations
received (non-restricted)|||21,529|
||Virgin Trains Name Plate Donation|||9,425|
||Corporate Donors||||
||Gifts in Kind||||
||||7,175|39,096|
|3|Legacies||||
||The charity had no legacies during the|year.|||
|4|Merchandising
Income and Costs||2020|2019|
||Merchandising
Income||6,245|85,118|
||Cost ofSales||326|34,206|
||Administrative
Expenses|||31,613|
||Merchandising
Expenses||326|65,819|
||Surplus||5,919|19,299|
|5|Investment
Income||2020|2019|
||Interest Receivable||120|130|
||Dividends
Receivable from Equity Shares||||
||Dividends
Receivable from Investments|and Unit Trusts|||
||||120|130|
##
|Total Resources Expended|Total Resources Expended|||OTHER|OTHER|||
|---|---|---|---|---|---|---|---|
|||STAFF||DIRECT|ALLOCATED|TOTAL|TOTAL|
|||COSTS||COSTS|COSTS|2020|2019|
|Fund-raising
Costs||||||||
|Merchandising
Costs|||8,378|4,048||12,426|14,095|
|Information
and Education||||||||
|Support Costs||||||0|16,077|
|Management
and Administration||||23,333||23,333|33,262|
|Total Resources Expended|||8,378|27,381||35,759|63,434|
|Other direct costs include:||||||2020|2019|
|Examiners
Remuneration|(including|expenses|and benefits in kind):|||||
|Independent
Examiners|Fee|||||||
|Accotmtancy,
Taxation and Other||Services||||4,495|4,314|
|Operating
Lease Rentals||||||||
|Depreciation
—on Owned Assets||||||2,766|1,780|
|Depreciation
- on assets held on finance leases|||and hire purchase||contracts|||
|Finance Lease Interest||||||||
|||||||7,261|6,094|
##
|8|Staff Costs|2020|2019|
|---|---|---|---|
||Wages aud Salaries|8,378|25,376|
||Social Security Costs|||
||Pension Costs|||
|||8,378|25,376|
##
##
|10|Tangible Fixed|Assets|Plant &
E~it|Fixtures &
~PM|R F|Land|Total|
|---|---|---|---|---|---|---|---|
||Cost/Valuation|as at 1st January 2020|25,854|44,254|84,390|155,705|310,203|
||Additions||2,388|6,534|743||9,665|
||Cost/Valuation|as at 31stDecember 2020|28,242|50,788|85,133|155,705|319,868|
||Depreciation
as|at 1st January 2020|24,135|33,388||1,170|58,693|
||Charge for Year||1,026|1,740|||2,766|
||Depreciation
as|at 31stDecember 2020|25,161|35,128||1,170|61,459|
||Net Book Value|at 31stDecember 2020|3,081|15,660|85,133|154,535|258,409|
||Net Book Value|at 31stDecember 2019|1,719|10,866|84,390|154,535|251,510|
|11|Fixed Asset Investments|||||||
||The Charity had|no fixed asset investments|during the year.|||||
|12|Debtors|||||2020|2019|
||Trade Debtors|||||11,454|10,329|
||Legacies|||||||
||Other Debtors|||||||
||Amount
owed by Subsidiary
Undertaking|||||||
||Prepayments
and Other Accrued Income||||||616|
|||||||11,454|10,945|
##
##
|Creditors: Amounts
Falling|Due Within One Year|2020|2019|
|---|---|---|---|
|Trade Creditors||5,858|6,623|
|Transition Book - Production|costs repayment|17,020|19,457|
|Taxation and Social Security Costs||||
|Other Creditors|||7,723|
|Obligations
under Finance Leases||||
|Accruals and Deferred Income||4,495|4,314|
|||27,373|38,117|
##
##
##
##
##
||||As at||||Investment|Investment|||As at|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||01/01/2020|I||E~Eht|G|I|T|f|31/12/2020|
|||||||||g||||
|Unrestricted|Funds||259,603||35,162|35,759|||||330,524|
|Total Unrestricted||Funds|259,603||35,162|35,759|||||330,524|
||||As at||||Investment||||As at|
||||01/01/2020|I||~00ht|G|'|T|f|31/12/2020|
|Restricted Funds|||212,555||||||||212,555|
|Total Restricted Funds|||212,555||||||||212,555|
|Total Funds|||472,158||35,162|35,759|||||543,079|
##
##
##
##