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 T￿￿te8s. 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 nurn￿r 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 thr￿ghOut 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 Tn￿te88, Annual R•portC¢MOnu¢d) Year ended 31 March 2023 ObJactlve8 and actlvltle8 . To collect 8nd preserve histor￿1 rnateri￿ relevant to ￿dI￿￿K1th . To en￿Urage 8¢cess to these colleclw)ns for educational and res&vch purposes - To provmle dispw using these colecbons to I1￿Str￿￿ aThJ Interpret tho history larKlscapo of Saddleworth. - To stsge speclal exhibitions and events vthich sUp￿t the semi pemwent di$p*s or which rther the cultural and swal aims of the Museum. . To work closety wilh schools and other I￿1. regional arKI national ￿ganIsations. - To develop the use of the Art Gallery as a mulwurpose spxe ￿1¢h fijlfils the interprebve, culturdl and swal fvnctions of the Museum. - To manage the museum gallery in a vofess￿al Manr￿ and on a sound financial basis. - To act as a communty reX)U￿ for groups. ¢hariiE5 and indivkduals are providlng commun servlces to the area. through events. lectures, Charity fundraising. education etc. The princ4pal a¢bvity of the charity vrds the OKwakn of Saddknrth Museum. Uppernill. Saddleworth Museum Trustees. Annual Report (coftllnu Year ended 31 March 2023 A¢hlov•monts and perfomian¢e The museum continuos to provide a valuable resource for local people in the presen￿￿on of th& araa's history. There is a team of volunteers who continually change various showcases and gallery areas in the Museum using artefacts from the museums varied collecttons. The Gallery area continues to showcase art exhibitions in various medla over the year with work being shown including photographic, paintings et¢. The artists I photographers are local. regional and have included the Saddleworth Group of Artists who hold their Summer gnd Winter exhibitions. the Yorkshire Monochrome Group showcases black and white photography. The museum continue$ 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 uppe￿111, 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 ¢x*llection 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 be￿en 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 Sidd￿wOrth 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 i*lieve 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 appl￿ble 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 cl￿r￿tion wilh Ihe examination to which attentlon should be drwNn In thts report in order to enal￿e 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 actiV￿S 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 eX￿ndituTe 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 3￿33 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$ed Inllfrom op?ratSng acllvlues 110,015) 28,595 Co8h flow• from Inve8tlng actlvltlo• Purchase of tanglble assets Not cash used In Investlng acllvllla8 (17,5141 (17,5141 Not (d￿1•1#•Y1ncreago In ¢a8h and cash ¢qulval?nts Cash and rA8h èqulvalent8 at bfrglnnlng of yur Cash and cash •qulvalents at ond ol year 110,016) 78,S72 68,887 11.081 87,491 78,572 The notes on p•go8 9 to 17 fom part ofthe$• 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 Subje￿8d to restrlctlons on thelr expendtture declared by the donor or through the terms of an appeal. and fall into one of $ub 11,352 123 300 13,833) 12.103 26 15A44 17,507 Expendlturg on charitabh athltl¢8 Wages and saLqries Rates and water L￿h1 and heat Repairs and maintenance Other establishment Legal and professional fees Telephone Depr￿lation 1.130 2.599 5.549 78 8.880 2.204 1.327 24.090 1.103 956 4,682 52,598 2.148 1S0 14,416 147 1,136 24,092 512 1,313 4.935 58.178 Education Office sund￿& Total expendlluro 81,802 79,650 Net oxp•ndlturn {19,690) 118,680) Saddleworth Museum Notes to the Detailed Statement of Financial Activities Year ended 31 March 2023 2023 2022 Costs of rdlslng donatlon$ and legacle8 Costs of generatlng Income- Curator salary, NIC & ponslon Curators wages and Sala￿8$ 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 st￿k 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