CHARrrY REGISTRATION NUMBER: 528225 Saddleworth Museum Unaudited Financial Statements 31 March 2023 Chartered Certified Accountants 17 Queen Street Oldham Lancs OL1 1RD
Saddleworth Museum Financial Statements Year ended 31 March 2023 Page Trustees, annual report Independent examinerfs report to the trustees Statement of financial activities statement of financial position Statement of cash flows Notes to the financial statements Th• followlng pages do not form part of th• financlal stat•ments Detailed statement of financial actNlties 19 Noles to the detailed Statement of financial activtties 21
Saddleworth Museum Tte8s. Annual Report Year ended 31 FAarch 2023 The trustees present their reFQrt and the unaudited finanraal stateffthts of the charity for the year eTrJed 31 March 2023. R•hrenee and admlnlgtrthe dotsils Regtstsrgd Charfty namè Charlty reglstratlon nurnr 528225 Prfnelpal office Hwjh Street Uppemill Oldham OL3 6HS The trust Mr John Hodges AC.I.S. {ChaimBn) Mr Stephen Whitehead Mr Neil Barrthv {Seuetarytrreawrer} Company secretary Neil Barri Ind•pondont examlngr Gazzard & Co 17 Queen Street Oldham Lancs OL11RD 8tructure• governance and manag•m•nt Saddleworth Museum is a Charttable Trust goverwj by a Trust Deed. The trustees named on page 1 have sepied thrghOut Ihe year. Apwintment of trustees L8 wvemad by the Trust Deed. The trustees are authorised to app)int trusiees to fill vaLzncies 8rising trtrough resignation or death of an exlsting tnjstee.
Saddleworth Museum Tnte88, Annual R•portC¢MOnu¢d) Year ended 31 March 2023 ObJactlve8 and actlvltle8 . To collect 8nd preserve histor1 rnateri relevant to dIK1th . To enUrage 8¢cess to these colleclw)ns for educational and res&vch purposes - To provmle dispw using these colecbons to I1Str aThJ Interpret tho history larKlscapo of Saddleworth. - To stsge speclal exhibitions and events vthich sUpt the semi pemwent di$p*s or which rther the cultural and swal aims of the Museum. . To work closety wilh schools and other I1. regional arKI national ganIsations. - To develop the use of the Art Gallery as a mulwurpose spxe 1¢h fijlfils the interprebve, culturdl and swal fvnctions of the Museum. - To manage the museum gallery in a vofessal Manr and on a sound financial basis. - To act as a communty reX)U for groups. ¢hariiE5 and indivkduals are providlng commun servlces to the area. through events. lectures, Charity fundraising. education etc. The princ4pal a¢bvity of the charity vrds the OKwakn of Saddknrth Museum. Uppernill.
Saddleworth Museum Trustees. Annual Report (coftllnu Year ended 31 March 2023 A¢hlov•monts and perfomian¢e The museum continuos to provide a valuable resource for local people in the presenon of th& araa's history. There is a team of volunteers who continually change various showcases and gallery areas in the Museum using artefacts from the museums varied collecttons. The Gallery area continues to showcase art exhibitions in various medla over the year with work being shown including photographic, paintings et¢. The artists I photographers are local. regional and have included the Saddleworth Group of Artists who hold their Summer gnd Winter exhibitions. the Yorkshire Monochrome Group showcases black and white photography. The museum continue$ to be supported by the Friends of Saddleworth Museum whose members support the museum and gallery through an annual membership which gives them free access throughout the r. The Friends ntinue to run various events fundrasing to support the worklng of the museum. The museum also runs a '200 Club, lottery with members paySng an annual subscription to be entered in a draw each month with a percentsge of the income going towards the museum and the rest fof priz8 money. The funds raised in the '200 Club, have recently gone towards the purchase of a digital infornation sign ¢osttng £1.750. The sign will be placed in the front wndow which looks out onto the main uppe111, High Street and be used to promote what the museum has to offer inside as well as advertising events and showcase some of our items in the collection. The museums gallery space continues to provide a Community Resource area for varlous events and groups - these include the Canalside Quilting Group whic meets every Tuesday for members to work and share their InteRst in this craft- a weekly art group wht¢h encourages people of all levels to have a go al working in various media - the Saddleworth Historical Society also holds ts monthly lectures - and the Friends use it for events. The museum atso holds occasDnal film and photograph shows showc8sing those that are in the museum archivès collection. The museum continues to be supported by the local Oldham Metropolit8n Borough Council with grant of£21,750 supporting the museums njnning costs. The museum had trwo major 58tback$ with the'new build, whkh opened in 2016 as part of the 'lnlo the Future. project. Refurblshlng the building it was found that the main heating sWem had various problems which resulted In the museum having to pay out a large sum to correct the problems. The new build, also had problems when a large architectural window unit falled. This meant that the front of the museum which was a polnt of attraction making people aware of what was in the museum for a year was empty and none a¢¢ess for health and safety reasons - fortunatety the cost was cov8red by Insurance. The damaged front wlndow direcuy affected our visitor figu$ as the front dldn't offér any insight 8S to what was in the buildlng. Th? lack of a presence on the front also radically affe¢ted our shop sales as there was nowhere lo promote the items we slo¢k whlch varies from books and ca18ndars we publlsh to craft items. ¢ards and shopping bags all sales of which support the runnlng costs of the museum. The museum still employs part time paid staff - mainly the curator and a front of house recepts'on and shop sales person. The rest of the work Is done by volunteers with a dedtcated team working on disp18ys and collections. There Is a150 a dedicated team who carry out maintenance In all areas as well as supporting the exhibition 8nd ¢xllection volunteers for practical support. The provision of educational workshops has not picked up since the pandemic of 2022 and the museum Ss lookin9 at ways either through granls or115 own fundralsing to redress this. The running of the museum and gallery is inevitsbty reliant on financlal support either through money it raises itself or through the provislon of grants. This balance been incorne and costs becomes lighter every year as o)sts continue to rise particularly in the provision of gas and electric. There is a view by the public that as a registered charity we get lots of things free or at reduced ¢ost. A good example of the costs we have to cover is the insurance which we have for damages 8CCtd8nts etc. and currently this is £6,000 annual charge. nl...
conL. Flnanclal rovl Del811s are shown In the body of the Accounts. Plans for future porlods The Mu80um continues to look to malntaln Its Current standards.
Saddleworth Museum Trustses. Annual Report (eonwnued) Year ended 31 March 2023 Th6 trustees, annual report was appmad on 29 S8Ptembar 2023 and signed on behalf of th8 board of trustees by.. Mr Neil Barrow Isecretaryrrreasuffjr) Trustee
Saddleworth Museum Independent Examinerfs Report to the Trustees of Saddleworth Museum Year ended 31 March 2023 I report to the trustees on rny examination of ts finarKxal slatemenls ol SiddwOrth Museum Cthe charity) for the year ernled 31 March 2023. Responslbllltl•8 and basis of report As the trustees of the charity Jfy)u are responsible for the preparatw)n of the financial statements In accordance with the requirements of the Charlbes kt 2011 (Ihe Ad). I rep)rt in respect of my examinallon of the chantys fin¢al staiernents ¢md out under section 145 of Ihe 2011 Act and in rryIng out my examination I folkA%d all the applicab Directions given by the Charity Commission under $tion 145{5)(b) of the A Independent examln•ts statsmenl I have completed my examination. I confim that no malerol matters have come to my attention in connection Ihe examination gNing me ouse to ilieve that in any material respect accounting records Vlwe rK>t kepl in respect of the tharity as required by 8e¢t)n 130 ot the Act or the financlal statements do not ao)yd ith those w)rds', or the financial statements do not wmpty vAth the applble requlrements concerning the fonn and content of accounts set oul in the Charities (Accounts and Rewrts) Regulations 2CNJ8 other than any requirement that the accounts give a Irue faif *thich Is not a matter consmlered as part of an independenl examinath)n. I have rK• concems and have oyne across rto olher matters in clrtion wilh Ihe examination to which attentlon should be drwNn In thts report in order to enale a proper understanding of the accounts to be reachwj. Gazzard & Co Independent Examiner 17 Queen Street Oldham Lancs OL1 1RD
Saddleworth Museum Statement of Financlal Activities Year •nded 31 March 2023 2023 Unrest Restricted funds Total funds Total funds 2022 In¢om8 and endowments Donations and legacies Other trading actiVS Investment income 33.871 28.155 33.871 28.1SS 35,918 24,809 243 Total Income 2,112 62,112 60,970 Expendtture Expenditure on raising funds: Costs of raising donatlons and legacies Costs of other trading acuvlbes Expenditure on charitable activits Totsl eXndituTe 8.2 15.344 35.873 59.497 8,280 15,344 58.178 9,545 17,507 52,598 79.650 9,10 22,305 22.305 81,802 Net expendlturo and net movem•nt In funds 2.615 {22,305) 119.690) {18,680) Re¢on¢iliation of funds Total fvnds brought forward Total lund8 ¢arried forward 1,880 159,495 1.013,388 991,083 1.170368 1.150,578 1.188.948 1,170.268 The statement of financial actsvibes indudes all gains aThd losses recognised In the year. All Sncome and expenditure defive from rxntinuing ti¥es. The nole8 on pages 9 to 17 forni p*rt oftho80 fin•nclal stat8m•nb.
Saddleworth Museum Statement of Flnancial Posltion 31 March 2023 2023 2022 Not• Flx•d assèts Tangible fixed assets 16 1,092A35 1,118,447 Current assets stoGk8 Debtors Cash at bank and In hand 17 18 333 11.945 88,557 84,336 3,202 2,048 78,572 83,820 Cradltor8: amoun1• falllng du• wlthln ono yoar Net current a88et8 19 26,112 29,999 53,821 1,170,268 1,170,268 58,223 1,150,578 1,160,578 Total assets le88 curront Ilabllltlo• Net assets Fund8 of tho charlty Restrlcted funds Unreslrlcted fund8 991,083 169,493 1,160,678 1.013,388 156,880 1.170,288 Totsl charlty fund8 These financlal statemen18 were approved by the board ol tru#tegs and author68ed for Issue on 29 September 2023, and a signed on behalf of the board by: Mr Nell Barrow (Secretaryrrroasurar) Tru8tee The note$ on pages 9 to 17 lonn part ofth¢*e fSnanclAI 8tstoment8.
Saddleworth Museum statsment of Cash Flows Year ended 31 March 2023 2023 2022 Cash flow8 from operallng actlvltl•8 Net expendllure 119,690) (18,8801 Adjustments for. DeprecLgllon of tangible fixed 88sets Other interest re¢efvable and simllar Income Accrued {income)18xpenses Chenges in.. Stocks Trade 8nd other debtor8 Trada and other credltors 24.092 {861 12,278) 24,090 (2431 1,999 1831) (9,8991 11,609) 110,101) 19,242 28,352 Cash generated Irom operatlons Interest recelved 86 243 Net cash {u$ed Inllfrom op?ratSng acllvlues 110,015) 28,595 Co8h flow• from Inve8tlng actlvltlo• Purchase of tanglble assets Not cash used In Investlng acllvllla8 (17,5141 (17,5141 Not (d1•1#•Y1ncreago In ¢a8h and cash ¢qulval?nts Cash and rA8h èqulvalent8 at bfrglnnlng of yur Cash and cash •qulvalents at ond ol year 110,016) 78,S72 68,887 11.081 87,491 78,572 The notes on p•go8 9 to 17 fom part ofthe$• financlal 8tat8mont8.
Saddleworth Museum Notes to the Financial Statsm•nts Year ended 31 March 2023 Gonoral Infomiatlon The charfty is a publlc benefit entity and a registered ¢harity in England and Wales and Is unincorporated. The address of the principal office is High StreeL Uppennill, Oldham, OL3 6HS. Statement of ¢ompllanc• These flnanclal ststements have been prepared In compl18n wlth FRS 102. 'Th8 Fln8nclal Reporting Stsndard appllcable In the UK and tha Republic of Ireland,. the Ststement of Recommended Pra¢tlce applicable lo charttie8 weparing their accounts In accordance wlh the Flnandal Reporting Standard applicable In Ihe UK and R8publlc of Irel8nd IFRS 1021 {Charitle¥ SORP (FRS 102)) and the Charllt88 Act 2011. Accountlng poll¢lo8 Ba•1• of preparatlon The financlal statements hav8 bèen prepered on the hlstorfcal cost basls, as modlfled by the revaluatlon of certaln flnanclal assets and 118bllltles and Investment propertl08 measured al falr value through Income or expend6turè. The flnanclal 8tatèments are prepared in sterling, whlch Is the functlonal currency of the entity. Golng ¢oncom Therg are no matedal UncertaInU about the charlty'8 abillty lo wntlnue. Judg•ments and key 8ourc08 of •8tlm•tlon un¢•rtalnty The preparauon of the financial statements requlres managem8nl to make judgements, estlmales and as8umpllons that affect the amounts reported. These tImate8 and judgements ore Contlnually revlewed and are based on exp&rl?nce and other factors, Includlng expKtatlons ol futyre events that ara b&lleved to be reasonable under the ¢[uMStances. Fund ac¢ountlng Unrestrf¢led funds are avallable for use at the discfetlon of the trustees to further any ol the charfty's purposes. Designated fvnds are unrestrbcted fund8 eami8rked by the trustees for parttcular future project or commllment. Restricted funds are Subje8d to restrlctlons on thelr expendtture declared by the donor or through the terms of an appeal. and fall into one of $ub<lasses'. reslri¢led Income funds or endowment funds.
Saddleworth Museum Notes to the Flnanclal Statèments Iconllnutd) Yoar ended 31 March 2023 Aceountlng pollc108 (condnuodj Incoming rOUr¢e5 All incoming resources are included In the ststement of financial adivlttes when entitlemènt has passed to the ¢harity.' it is probable th8t Ihe economic benefits assoclated vlth the transaction will flow lo the charlty and the amount can be reliably measured. The following spe¢lfi¢ poll¢les are applied to pathular categories of in¢omè'. Income from donations or grants is recognised when there is eVIden of entiuement to the gif( receipt is probable and its amount can be meaSud reliably. legacy income is ren[Sed when receipt is probable and entitsment is established. income from donated goods Is measured 8t the fair value of the goods unless this is impractical to measure reliably, In which case the value Is d8rived from the cost to the donor or the estimated resale value. Donated facllities 8nd seNl¢e$ are recognised in the accounts when rec&iv8d if the value Can be rellably measured. No amounts ar8 Includ8d for the contribulon of general volunteers. income from ¢ontra¢ts for the supply of services 15 recognised with Ihe delfvery of th8 contracted seNtce. This is classified as unreslricled funds unless the is a Contrac requirement for it to be spent on a partic#Jlar purpose and relumed if unspent, in which case it may be regarded as $triCted. R880urces exp8nded Expenditure Is recognised on an accwals basls as a liability is incurred. Expenditure Includes any VAT which cannot be fulty recovered, and is classified under headings ot the statement of financial activities to which it relates.. expendlture on raising funds Includes the costs of all fvndraising activities, events, non- charitable trading activities. and the sale of donated goods. expenditure on charitable activits'es include5 all costs Incurred by a chaiity in undertaking activities that further its charitable alms for the benefit of its nefiCIarieS, including those support costs and costs relating to the govemance of tho charity apportion6d to charitable activities. other expenditure includes all expenditure that is wther related to raising funds for the charfty nor part of its expenditure on charitable aGtivities. All costs are allocated to expendilure categories reflting the use of the resource. DIre costs attributable to a single activity are allocated directty lo that aclivty. Shared costs are apportloned betsveen the 8¢tlvlUes they contribule lo on a reasonable, Justifiable and consistent basis. Tangible asset8 All fixed assets are Inltlally recorded at o)sL -10-
Saddleworth Museum Notes to the Financial Statsments (eonthiu6dJ Year ended 31 March 2023 Ac¢ountlng pollcle$ (¢ontyn Depreciatlon Depreclallon ts cakulated so as to wrlte off the cost or valuation of an asseL less its rasidual value. over the usoful economic lrfe of that asset as follows.. Long Leas&hold Propety Flxtures and Fittings Offi¢e Equipment Propety Improvements 1% straight line 20% straight line 25% straight Ilne 2% straight line Impalmi•nt of flxad assets A revl8w for indicators of Impairment is carried out at each reporting date, Vth thè recoverable amount being estimated where such indicators exlsL Where the carrying value exceeds the recoverable amount. the asset is impaired accordlngty. Prior impairnents are also revi8wed for possible reversal at each reporting date. For the purposes of impaimient testing, when it 1$ not possible to estimate the recoverable amount of an indNidual assel an estimate Is made of the recoverable amount of the Cash- generating unit to which the asset belongs. The cash4eneratlng unrf( is the smallest identifiable group of assets that includes the asset and generates cash inlhjws that largety independent of th& Cash inflows frorn other assets or groups of assets. For impairment testing of grx)(hvill. the g00thl1 acquired in a business combination is, from the acquisition date, allocated to each of the cash-generaling units that a expected to tenefit from the synergies of the combination, irrespective of whether other assets or liabilities ot the charity 8re asslgned lo those unils. Stocks stocks a measured at the l¢)wer of cost and estimated selling Pri less costs to complete and sell. Gost includes all costs of purchase. costs of conversion and other costs incurred in bringing the stock to Its present location and condition. Flnancial instruments A financial asset or a flnandal liability 18 recognlsed onty when the charity tecome$ a paty to tha ethractU provislon$ of the instrument. Bas1¢ financial instruments are Initialty recognised at the amount receivable or payable induding any related transaction costs. Current assets 8nd curnt liabilities are subsequently measured at the cash or other constderatlon &xp9Cted to be paid or received and Mt discounted. Debt instruments are subsequenly measured at amortised cost Where investments in shares are publicly traded or their fair value can otherwise be measured reliabty. the investment is subsequentty measured at fair value wlth changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at Cost less impaiment. 11
Saddleworth Museum Notes to the Flnancial Statemants (¢onllnu Yoar ended 31 March 2023 A¢¢ountlng poll¢lM (llIn•d) Flnan¢lal Instruments (¢ondnuédJ Other flnanelal Instruments, Includlng derivatives, are initially recognlsed at fair v81ue, unless payment for an asset is deferred beyond noThal business terms or financed at a rate of Interest that Is not a market rate, in whlch case the asset Is measured at the present value of the fvture payments dlscounted at a market rate of interest for a similar d8bt instrumenL Other financial instruments are subsequently mfrasud at falr value, wlth any chang88 recognised In the statement of ffinanclal adlvlts8s, with the exceptlon of hedglng Instruments In deslgnated hedglng relaOnshIp. Flnanclal a88ets that are measured at cost or amortlsed cost are revlewed for objective evklence of Impalrmenl at the end of each reporting date. If there Is objective evldence of Impalrment, an Impaiment 1088 is recognlsed under the appropdate haading in the statement of flnancl81 activSUes In whlch the inlllal galn was racognlsed. For all Qqulty Instruments regard1é81 of ¥lgnlflcanc8. and other financlal 888als Ihal are Indlvldualty 8lgnlncant, thes8 ar? assessgd Indlvldually for Impalrment. other financial assets are either assessed Indlvldualty or grouped on the basls of slmllar Grfjdlt rlsk ¢haraclerlsllc8. Any reversals of Impalrment are recognls8d Immedlately, to tha extent that the revers81 does not result In a carrylng amount of the financlal asset that exceeds what th8 carylng amount would have been had the Impalmient not prevlously been regnIsed. Donatlon8 and l•gacle8 Unreslrlcled Total Fund• Unmstrlcted Totsl Funds Fund8 2023 Fund8 2022 Donatlo DonaUon8 Sadddleworth Hlslorlcal Soclety Friends Gift Ald 4,037 1,218 5,559 1,207 4.037 1,218 5,559 1307 3,938 1,198 5,408 1,293 3,938 1,198 6,406 1,293 Gran1• Grants from OMBC HMRC JRS grants 21.850 21,850 21,850 2.233 35,918 21.850 2,233 35.918 33,871 33,871 othor tradlng actlvltle8 Unrestricted Total Funds Unreslrfcted Total Funds Funds 2023 Funds 2022 Shop income Admissions Sundry Inrne 9,235 8,019 10,901 28,155 9,235 8.019 10.901 28,155 10,657 5,329 8,823 24,809 10,657 5,329 8,823 24,809 12-
Saddleworth Museum Note8 to tho Flnanclal Statements l¢ontlhuo Year ended 31 March 2023 Invo•lmont Ineom? Unreslrfctsd Total Fund8 Unrestricted Total Funds Funds 2023 Funds 2022 Bulldlng society Interest 86 243 243 ct$ of ral8lng donatlon¥ and l¢ga¢lo8 Unrestrlcted Total Fund• Unrestricted Total Funds Funds 2023 Funds 2022 Costs of g8nerallng Income- Curator 8alary, NIC & penslon 8,280 8,2BO 9,54S CoBt• of olhor tradlng •dlvlUo8 Unrestrlcted Total Fund• Unrestrlcted Total Funds Funds 2023 Fund8 2022 Co$18 of other tradlng aclNttle8- Shop 15,344 10,344 17,507 17,507 Expendlturn on charftabl• a¢tlvlt108 by fund typ• Unrestr¢¢ted Funds Restrlcled Total Fund• Funds 2023 Museum Education Support costs 1,157 10 34,708 35,873 1,107 10 67,011 68,178 22,305 22,305 Unrestrkted Funds Restrlcted Total Funds Fund8 2022 Museum Educallon Support costs 29,647 30,293 22,306 22,305 51,952 52,598 13-
Saddleworth Museum Notes to the Flnan¢ial Statsments (withu•dJ Year ended 31 MarGh 2023 10. Expendltur8 on charliabl? actlvltlos by actlvlty type Acbviltes undertaken dlrectty Support costs Total fund• 2023 Total fund 2022 Museum Education Governance costs 1,157 10 1.157 10 57.011 68,178 57.011 57.011 51,952 52.598 1,167 11. Anaty818 of •upport ¢08ts Museum and Educatlon Total 2023 Tolal 2022 Staff costs Prèmlses Flnance costs Legal and olh•r profes8lonal Deproclatlon Bank tharges Admlnlslrallon costs Office 8undrl83 900 28,276 897 1750) 24.092 419 239 4,935 57,008 900 26,276 897 1750 24,092 419 239 4,930 57,008 1,130 18,432 850 1,354 24,090 457 956 4,682 51.951 12. M•t •xp•ndhur• Net expendllure Is stated after charglngl(credltlngl: 2023 2022 Depr¢datlon ol tanglble flxed assèts 24,092 24,090 13. Ind•pgndont oxamlnatlon f••• 2023 2022 Fe88 payabb to the Indepondent ex8mlner for. Independent examlnatlon of the financl81 statements 897 850 14. Stsff ¢ts The total staff cosis and employee b•¢9 for the reporting perlod are analysed as follows.. 2023 2022 Wages and salarfes 21,283 22,027 -14-
Saddleworth Museum Notss to the Flnancial Statements (e£¥hknuto) Year ended 31 March 2023 1& Staff c08t8 (c*16) The average head count of employees during the year was 212022: 2). The average number of full-timo equivalent employees during tho year Is analysed as follows.. 2023 2022 No. Curator Museumlshorfnc No employee recebved empbyee benellls of more than £60,(KIO during the year {2022.' NI). 16. Trnsl•o rwnunerallon and exp•n• No rnmuneratlon or oth6r benèfits from employmènt wtth th8 chanty or a related endty wera recafved by the trustees 16. Tanglbl• fixed •8••ts Propety lrnprovement Land and Fixtures bulldlng$ fitt1ry8 Equlpment Total C08t At 1 Aprfl 2022 and 31 March 2023 70,626 45.349 3.885 1.158,2e8 1278,126 prnclatlon At 1 April 2022 Charge for the year At 31 Mah 2023 70 10 44.7LI8 2,314 524 114.589 23.164 137.753 161,679 24,092 186.771 45,11XI 2,838 Carrylng amount At 31 Mareh 2023 70.548 70,558 249 1.047 1.571 1,020,513 1,043,677 1,092.366 1.116,447 At 31 March 2022 17. Stocks 2023 2022 Shop stock of good8 for resa 333 3,202 18. Debtorn 2023 2022 Trade debtors Prepayments and acerued in(x)w Other debtors 160 1,839 47 11,899 11,946 2,046 15-
Saddleworth Museum Notes to the Flnanclal Statements (¢ontlnu•dJ Y•ar ended 31 March 2023 19. Crodltorn: amounts falllng due wlthln on• y•ar 2023 2022 Trade creditors Accruals and deferred Income Other créditors 1,292 8,820 16,000 26,112 1,401 11,098 17,500 29,999 20. Analy8h of charll•ble fund8 unrestr1frd fvnds At 31 March 202 At 1 Aprll 2022 Income Expondllure Goneral funds Future Capltal Expendlture Fund 139,270 17,810 158,880 e2.112 (59,497) 141,886 17.610 169,490 82,112 (59,4971 At 31 March 202 At 1 Aprfl 2021 Income Expendlture General fijnds Future Capltal Expendlture Fund 135,845 17,810 153,255 80,970 157,345) 139,270 17,610 158,880 80,970 157,345) R•8trlctod funds At 31 March 202 At 1 April 2022 Income Expendllure Horitsge Lott8ry Fund Speclal Donatlons (Refvrblshment) SAS {Heatingl 894,318 111,882 7,208 1,013.388 (22,3051 872.013 111.862 7,208 991,083 122,305) Al 31 March 202 1 Aprfl 2021 In¢om8 Exp8ndlture Heritsge Lottery Fund Speclal Donallons {Refurbk8hmenti SAS (Heatin9} 916,623 111,862 7,208 1,035,693 (22,305} 894,318 111,862 7.208 (22,3051 1,013,388 16-
Saddleworth Museum Notes to the Financlal Statements (¢onUnued) Year ended 31 March 2023 21. Analy818 of nfrt a8s0ts bètween fund• Unrestrlcted Funds Restricted Total Funds Funds 2023 Tangible fixed assets Current assets Credllors less than 1 year Not ass¢ts 110,892 74,714 {26,111) 159,495 981,483 9,620 1,092,366 84,334 126,111 1,150,578 991,083 Unrastricled Funds Restrfcted Total Funds Fund8 2022 Tanglble flxed a58èts CUrn1 assets Credltors le53 than 1 year •uet8 112,678 74,202 130,000) 156,880 1,003,768 9,620 1.116,446 83,822 (30,0001 1,170,268 1.013,388 22. Anaty81• of change• In n•t d•bt At Al 1 Apr 2022 Cash flows 31 Mar 2023 Cash at bank and In hand 78,572 (10.015) 68,867 -17-
Saddleworth Museum Management Information Year endad 31 March 2023 The followlng p•g08 do notfom) part of thg flnanclal 8tat•m•nt•. -18-
Saddleworth Museum Detailed Statsment of Flnancial Acllvities Year endod 31 March 2023 2023 2022 Income and endowm•nls Donatlon$ and logacles Donations Sadddleworth Hlstorkal Soctety Friend3 Glft Atd Grants from OMBC HMRC JRS grants 4,037 1,218 5,569 1,207 21.850 3.938 1,198 5,406 1,293 21,850 2,233 35,918 33,871 Other tradlng aetlvhl Shop Income Admlsslons Sundry In¢ome 9,236 8,019 10,901 28.165 10,657 5,329 8,823 24,809 Inv08tm•nt Ineomo Bullding soclety Interest 243 Total Income 62,112 80.970 -19-
Saddleworth Museum Detalled Slatement of Financial Aclfvitios (c¢xthu•dJ Yoar ended 31 March 2023 2022 Expenditur• Cost8 of rnislng donatlons and legacles Wages and salaries 8280 9.545 Costs of oth•r tradlng a¢Uvltles Opening stock Purchases Closing stk Wages and salaries Repaits ar mainlenarKe Commissions pawj 3202 4,186 4,748 (3,202> 11,352 123 300 13,833) 12.103 26 15A44 17,507 Expendlturg on charitabh athltl¢8 Wages and saLqries Rates and water Lh1 and heat Repairs and maintenance Other establishment Legal and professional fees Telephone Deprlation 1.130 2.599 5.549 78 8.880 2.204 1.327 24.090 1.103 956 4,682 52,598 2.148 1S0 14,416 147 1,136 24,092 512 1,313 4.935 58.178 Education Office sund& Total expendlluro 81,802 79,650 Net oxp•ndlturn {19,690) 118,680)
Saddleworth Museum Notes to the Detailed Statement of Financial Activities Year ended 31 March 2023 2023 2022 Costs of rdlslng donatlon$ and legacle8 Costs of generatlng Income- Curator salary, NIC & ponslon Curators wages and Sala8$ 8,280 Costs of ralslng donatlons and logacies 8,280 9.545 Costs of other tradlng actlvltl88 Costs of other tradlng a¢tivitles- Shop costs Shop costs- opening stk Shop costs- purchases Shop costs- closing sto¢k Shop costs- wages and salaries Shop costs- repairs & mainienance Shop costs- commissions on sale or retum 3,202 3,846 {3,833) 12,103 4.186 4.748 13.202) 11.352 123 300 1S,344 17.507 Costs of othor tradlng actfvltles 15,344 17,507 Expendlture on charltabl8 actlvltle8 Museum Actlvltlos undertakèn dlrectly Museum expenses Special events costs 93 1,064 1.157 Educatlon Actlvltlos undertaken dlrecty Education sundry costs Govgmancg costs Bookkeeper Governan Costs- water Goveman¢% Costs- Ilght & heat Govemance costs- repairs & maintenance GovemanrR costs- other establishment Governan costs- accountancy fees Goveman¢e costs- legal and olher professbnal fees Governan ¢o$is- telephone Govem8n¢e ¢osts- depreciation Bank charges Administrative costs Offl¢e sundries 10 900 2,148 8,430 150 14,416 897 1760) 1,135 24,092 419 239 4.935 67,011 1.130 2.$99 5.549 78 8,880 850 1,354 1,327 24,090 457 956 4,682 51,952 Exp8ndlturo on ¢harhable actlvltle8 68,178 52,598 21