112 CHARrrY REGISTRATION NUPJIBER: 528225 Saddleworth Museum Unaudited Financial Ststements 31 March 2024 Chartered Certified Accountants 17 Queen Str￿t Oldham Lancs OL11RD Saddleworth Museum Flnancial Slatemgnts Year ended 31 March 2024 Page Trustees, annual report Independent exarninefs report to the trustees Statement of financial activities Statement of financial position ststement of cash flows Notes to the financlal statements The followlng pages do not forni part of the flnanclal 8tstsmonts Detailed ststemenl of financial activitses 19 Notes to the detailed ststsment of financial activitses 21 Saddleworth Museum Tru8te0s' Annual Report Yaar end￿ 31 March 2024 The trustees present thelr report and the unaudlled financial statsmants of the charlty ftK th8 year ended 31 Mar¢h 2024. Reference and admlnlstratlve detalls Regl8torgd charfty name Saddlewijrth Museum Ch•rlty regl•trntlon numb•r 528225 Prlnclpal offlce Hlgh Street Upp8mlll Oldham OL3 6HS Th• tru8teo8 Mr John Hodg&s A.C.l.S. (Chairman) Mr Sleph8n WhSlehe8d Mr Neil Barrow (Secretsry￿rea8￿rer) Company •ocretsry Nell Barrow Indop•ndont frx•mlngr G8ZZ8rd & Co 17 Queen Slreel Oldham Lancs OL11RD 8tructur•, govornan¢• and manag•mont Saddleworth Museum Is a Charltable Trust governed ty a Trust Deed. The trustees nam8d on page 1 have served throughout the year. Appolntment of Iru$lee8 Is govemed ty the Trust Deed. The trustees are authorlsed to appolnt trustees to fill vacancles arfsing through resignatlon or death of an fr￿$11n9 trustee. Saddleworth Museum Truste￿. Annual Report Year ended 31 March 2024 ObJKtlve8 and actfvltles . To collect and presen￿ historical material relevant to Saddknyjrth . To encourage access to these crthtions for educational and research purposes - To Provide display5 using th8se colleclions to i1￿Strate aryj interwet the history and landscape of Saddleworth. - To stage S￿¢181 exhibltths and events whlch 8upplem6nt the semi parmanent dispkys or which further the cuttural and S￿al alms of the Museum. - To work dosety wllh 8¢hools and other lo￿1. rgglonal and natlonal organisations. - To develop the use of the Art Gallery as a muni-wrpose space whlch fulfiL8 the Interpretlve, cultural and social functions of the Museum. - To manage the museum and gal￿ In a professlonal rn￿ner and on 0 80und financMI basi8. - To act as a communlty resource for grouw. charltles Indlvlduals vtlo are provldlThJ communlty servlces to the area. through events. lectures, chaflty fundraL8lng, educthn etc. The prindpal 8Ctlvty of the chty was the otwakn of SaddlwhDrth Museum. Uppemilll. Saddleworth Museum Trust￿. Annual Report(¢￿0MM Year ended 31 March 2024 A¢hl•vements and perforniance Thè museum contlnues to provlde a valuable r8sour(x for pe￿e n the preservation of the area's hlslory. The museum has many enquiries relating to the areas local history particulaty those doing famlly history. The Gamery continues to showcase art exhibitlons In various media over the year wlth V•Drk being shown including photograph￿, paintings etc. The artlsts I photographers are local. regional and have induded the Sadd18WOrth Group of Artists vhK) hokl their Summer and Wlnter exhibitions, the Yorkshire Monc¢hrThne Group showcase5 blxk and white photography. The museurn 8180 featured an exhibition of old photographs from the extensive collection of these in the 3￿h1ve$. The exhibitson also launched a a new ser¥￿-'FInd my P￿ture, ￿ere [￿PIe are invited lo fill l a form asking us if the￿ a￿ any specific io¢ations that they are interested in seeing photographs. The museum then searches its Collection and if any are found malchlng the persons requesl we can provkle prirtls for a I￿. This has proved 8u¢cesslul aThJ popular The museum conllnL*$ to ba 8UPPOrted by the Frler¥Js of Saddleworth Museum whose members support the museum and gallery through an annual membership which gr¥es them free access throughout the year. The Friends continue to run various events fvndraising to support the V•vrking of the museum. The museum also runs 8 '200 Club, lottery with members paying an annual subscription to b8 entered in a draw each month wllh a percentage of the income going towards the museum and the rest for prlze money. The fvnds raised In the '2￿ Club, have recently gone towards the purchase of a dyllal Infomiab'on slgn costing £1.750. The sign has been placed in the front which I¢￿S out onto the main Uppemilll, High Street and be used to promote vthat tha museum has io offer inside as well as advertising events and showcase some of our Items In the collectw)n. The LObb￿19n runs outskle of the museum'8 hours of 1.00pm to 4.00pm and is a feature of the bullding running from 10.00am to 10pm at nlghl. The museums gallery space conllnues to provide a Communty Resource area for various events and groups - these Include the Cana15hle Quilting Group which me8ts every Tuesday for members to work and sh8re theii Interest In this craft - a weekly art group vthich en￿UTa9eS people of all leve18 to have go al working in various medra - the Saddleworth Hislorfcal Society also holds its monthty lactures . and the Fr￿ndS use il for events. The museum also holds oc¢a$lonal film and phottyjraph show8 Showcasing those that are in the mu8eum archives colle¢tY)n. The museum Con￿nueS to be supported by Ihe local Oldham Metropolitan Borough Council wllh 8 grant of £21,850 supporting tha museum8 running cos18. The museum still empl¢)y8 part time paid $t8ff - mainty the curator and a front of house reception and shop sales person. There is also a bookkeeper who Is paid prorats. The rest of the work 1$ done by volunteers a dedi¢ated team on dlsplays and colle¢lion$. Theffj 18 also a dedicated team who cary out maintenance in all areas as well as supporting the exhlbltion and collection volunteers for praclical SUPF<*rt. The provision of educakn'onal workshops has not picked up slnce the pandemic of 2022 and the museum is looking at ways ellher Ihrough grants or Its own fundralslng lo redress this. The running of the museum and gallery is inevrtably relkqnt on financial support either Ihrough money It raises itself or through the provision of grants. Th1$ balancè behveen Income and costs becomes ￿ghter every year as costs o)ntinue to rlse particulaty in the provision of gas and electric. There Is a vlew by the public that as a registered charTty we get k)Is of things free or at reduced cost. A good examplo of the costs we have lo cover is the Insurance whth we have for damages accidents etc. and ¢urrenty this is £8.000 annual ¢harge. Peter Fox- Curator on behalf of the Trustees of &•Jdleworth Museum Flnanclal revlew Delall$ are shTh¥n In the body ofthe Accounts. Plang for futurn ￿rfOd$ The Museum continues lo look to mainlain its ￿rrent stsndards. Saddleworth Museum Trustses. Annual Report (condnuedl Year ended 31 March 2024 The truste8s' annual report was approved on 16 September 2024 and Slgned on behalf of the l)oard of trusts8s by.. Mr Neil Barrow Isecretaryrrreasurer) Trustee Saddleworth Museum Independent Examinerfs Report to the Trustees of Saddl•worth Museum Year ended 31 March 2024 I report to the trustees on my examination of the fmancial ststements of Saddle%￿rth Museum ('the chariv) for the year eTrYed 31 March 2024. Responslbllltl•s and basls of r•port As Ihe trustees of the charity you are responslbte for the preparakn of the financial statements in accordance with the requirements ofthe Charities P£t 20111tho kv). I report in respect of my examination of the charitys financial ststements carried out under 5eGtion 145 of the 2011 Act and in carying out my examination I have folkl￿d all the applicable Di￿tI)n$ given by the Charity CommissK)n under section 145(5)Ib) of the ACL Independ•nt oxaminerfs statoment I have compkted my examination. l ¢onfim) that no mateiial Matte￿ have come to my attention in connection with the examination giving me ¢aLrse to telieve that in any matefial respect.. accounting records V•pre not kept in respect of the Ch￿ as required by sectw)n 130 of th Ac(" or the financial slatements do not ￿ wilh those records; or the f￿a￿la1 statements do not o)m*y wtlh the rwuirements conceming the forrn and ¢ontent of accounts set out in the Charitses (Accounts and Reports) Regulations 2008 other than any requirement that the accounts gNe a 'true and fai¢ view vthich is not a matter considered a$ part of an independent examination. I have no concems and have come across rK) other matters in cuineclion Imth the examln*lon to which attention should be dra￿ in this rewrt in order to enable a proper urKlerslanding of the accounts to be reached Gazzard & Co Independent Examlner 17 Queen Street Oldham Lancs OL1 1RD Saddleworth Museum Stat•mant of Flnanclal Acllvllle8 Y•ar onded 31 March 2024 2024 Restrtcted funds Total fund8 Total funds 2023 Unrestricted funds Not• In¢ome •nd endowments Donations and legacies Other tradlng actlvltlos Investment income 35,755 23,870 712 35.765 23￿70 712 33,871 28,155 Totsl Incom 60,337 60.337 82,112 Expfrndltufe Expendlture on ralslng funds-. Costs of ralslng dona￿On8 and legacles Costs of other trading a¢livllie8 Expenditure on charitable aclivllies Total exp•ndlturn 8,280 17,095 39,982 65,337 8,280 17,095 62,267 87,642 8,280 15,344 58,178 81,802 9,10 22.305 22,305 Net exp•ndttur• and not movement In fund• (5,000) {22,305) (27,306) {19,690) Roconclllatlon of fund• Tot81 funds brought lo￿ard Total lund8 carrf•d foNard 159,495 154,495 991,083 968,778 1,100.578 1,123,273 1,170,2e8 1,150,578 The $lalement of flnancl81 •¢tlvlll•s Includ•s all galns and1086e$ rewgnl$ed In the year. All Income and expendllure derlve from contlnulng act￿￿1183. The notes t)n 9 to 17 forni part of th•s• flnanclal 8tatsm•Thts. Saddleworth Museum Statement of Flnancial Position 31 March 2024 2024 2023 Flxed assets Tangibte fixed assets 1.068A08 1.092,355 Curr•nt asgets Stock5 Debtors Cash at bank and in hand 17 3,752 2,493 74697 3.833 11.945 68,557 84.335 Credltovs: arnounts falllng du• withln on• yoar Net current assèts 19 26.0 26.112 58.223 1.150,578 1,150,578 Total assets less ¢urrnnt Ilabllltlos 1,123273 1,123273 Net assets Funds of the chaTity Restricted funds Unrestricted funds 968,778 154A95 1.123.273 991,083 159,495 1,150,578 Total Gharlty funds These financial ststements were approved ty the board of trustees and authorised for issue on 16 September 2024. and we sign&J on behall ofthe board ty. Mr Neil Barrow lSecretsry￿rwdSUfer) Trustee The notss on pages 9 tr* 17 fomi part ofthe8• 11ft8nclal slatements. Saddleworth Museum stst•ment of Cash Flows Year ended 31 March 2024 2024 2023 C￿h IIow8 from operatlng 4¢tfvitle8 Nel expendlture {27,305) (19,690) Adjustments for. Depreciation of tangible fixed assets Other interest receivable and similar income rued income 23,947 1712) (62) 24,092 186) {2,2781 Changes in.- stocks Trade and other dabtors Trade and other credrtors 81 9,452 (631) (9,899) {1,609) 110,101) Cash generated from operations 5,428 Interest re￿iVed 712 Net cash froml(used in) operating activities 6.140 (10,0151 Not increaselldecreasel In cash and cash gqufvalents Cash and ¢ash oqulvalonts at b¢glnnlng of year Cash and ¢a8h equlvalents at ¢nd of year 6,140 68.557 74,697 {10,0151 78,572 68.557 The notes on pago8 g to 17 fomi part oflheso flnonci#l stat•rnerrt8. Saddleworth Museum Notss to the Financlal Statements Year •nded 31 March 2024 Ggn?ral Infonn The ¢harity is a pubk benefft entity arm] a regrstered charity in England Wales and is unincorporated. The address of the principal Offi￿ is High StreeL Uppennill, Oldham, OL3 6HS. ststement of compllan These ffinan￿al statements have been kyewed in Compr￿nCe with FRS 102. The Finantyal Reporting Stsndard applicable in the UK and the Republi¢ of Ireland., the Statement of Re¢ommended Pr8¢ttt appli¢able to Char￿eS preparing their aco)unts in 8ccordance wth the Financial Reporting Standard appltible in the UK and Republic of Ireland (FRS 1021 (Charities SORP IFRS 102)) and the Charli￿S Act 2011. A¢¢ountlng polkle8 BaslB of preparatlon The financial st*ments hwe been pre￿￿ed ￿ the histryical rA>st basis, as ffwxlifmd by the revaluation of certain ffinantial assets and liabilibe5 and investrnent properties measured at fair value through ino)me or expenditu￿. The financial ststements a￿ p￿pared in sterling. which is the functional currency of the enw. Golng ¢on¢¢m There are no material uncertainlies about Ihe charivs ablty to Continue. Judgements and koy sources of estknthn unc•tslnty The preparation of the financial Statements requires management to make Sudgements. estimates and assumptions that affect the amounts reForted. These estimates arKI judgements are continualty reVIev￿ and are based on experience and other factors, including exp￿￿tionS of future events that are believed to be reasonable urKJer the circumstances. Fund accounling Unrestricted fijnds are available frJr w at the discretKJn of trustees to further any of the charitys purposes. Designated funds are unrestrthd funds ea￿narked by the trustees for particuFar futu￿ project or commitrnenL Restricted funds a￿ subiected to res￿11￿$ on thelr expenditure dedared by the donor or through the lenns of an appeal. and fall into one of two sulKlasses'. restri¢led funds or endowment funds. Saddleworth Museum Notos to th8 Financlal Statements (conUnu8 Year ended 31 March 2024 Accounllng pollcle8 (condnugd) Incomlng re80urc08 All incoming resources are in¢luded in the statem8nt of financial actTvities when entitlemenl has pa55ed to the charity., it IS Probable that the ewnomi¢ benefits a$$o¢ialed with the transaction will flow to the charity and the amount can be reliably measured. The following 8pe¢ific poli¢ie5 are applied to particular categories of in¢ome'. income from donallons or granls is recognised when there is evidence of entl￿ement kn the gfft. re￿ipl 1$ probable and its amount can be rneasured reliably. Eegacy income is recognised when receipt is probable and entitlement is established. inGome from donated goods ts measured at the fair value of the goods unless thi$ 15 impractical to measure reliably, in which case the value is derived from the cost to the donor or the eslimaled resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are includgj for the contribution of general volunteers. income from contracts for the supply of sorvlces Is recognised y￿th the delivery of the contracted service. This is clas$ffied as unrestricted funds unless there is a conlraclual requirement for it to be spent on a p8rticular purpose and returned if unspent, in whrch case it may be regarded as restricted. RgsOtsr¢￿ oxpondod Expenditure 1$ ￿cOgnISed on an accruals basis as a liability is incurred. ExpendItU￿ Indudes any VAT whi¢h cannot be fulty recovered, and is classified under headings of the ststem8nt of financlal a¢tivitte$ to whlch It relates: expenditure on raising funds Includes the costs of all fundraising activities, events, non- charitable trading activities, and the sale of donated goods. expendI￿re on charitable aclivib'es includes all costs incurred by a charity in undertaknng activities that further its Charitable alms for the benefit of its beneficiaries, including those support costs and cosls relating to the governance of the charity apportioned to charitable gctivities. other expenditure Includes all expendiiure th8t is neither related to raising funds for the charity nor part of Its exp8nditure on charitable activitTes. AII costs are allocated to expenditure categories reflecting the use of the resourc8. Direct costs attributable lo a single activity are all(￿ated direclty to that activity. Shared costs arè apportKined belween the 8¢b'villes they contribute to on a reasonable, justifiable and consistent basis. Tangible assfrts All fixed 8ssels are Initially recorded at cost. -10- Saddleworth Museum Notes to the Flnancial Stataments (¢ontlnuedJ Year ended 31 March 2024 Accountlng policlgs (conllnwdj Dopreclatlon Depreciation is calculated so as to write off the wst or valuation of an asset, less its residual value, over the useful economic lrfe of that asset as follows.. Long Leasehold Property Fixbjres and Fltting$ Office Equipment Property Improvements 1% straight Ilne 20% slr8lght line 25% straight line 2% straight Ilne Impalnnent of flxed assets A revlew for indlcators of impaimient is carrfed out at each reportlng date, with the recoverable amounl being estimated Whe￿ such indicators e￿St. Where the Garying value exceeds the recoverable amount, the asset is Impalred axordingty. Prior impairnents are also revl8w8d for possible reversal at each reportlng date. For the purposes of impaimienl testing, when it Is not possible to estimate Ihe recoverable amount of an individual asset, an estimate is made of the recoverable amounl of the cash- generating unit to which the asset belongs. The cash-gener8ting unit is Ihe smallest id8nlifiable groyp of assets that in¢ludes the assèt and gener8tes ¢8sh inflows that largely independent of the cash inflows from other assets or groups of assets. For impainnenl testing of goodwTII, the go¢xlwill acquired in a business comblnation is, from the aGqui$ition date, allocated to each of the cash%enerating units that are expected to benefit from the synergies of the combination, irrespective of whether other asseis or liabilities of the charity are assigned to those untls. Stock5 Stocks a￿ measured at the lower of cost and esllmated selling pric• less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs inc#Jrred in bringing the stock to its present location and condition. Flnanclal Instruments A financial asset or a financial liability is recognised onty when thé charity becomes a party to the contractual provisions of the inslwmenL Basic financial instruments are initially re¢ognis8d at the amount re¢elvablo or paYa￿e including any related transaction costs. Current assets and currenl liabilllles are subsequently measured at the c8sh or 0th8r consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured al amortlsed cost. Where investments in shares are publicty traded or their fair value can othe￿iSe be measured reliably. the investment is subsequendy measuied at fair value wth changes In fair value recognised in income and expenditure. Al other such investments a￿ sub5equenUy measured at CQSt les5 Impai￿ent. 11 Saddleworth Museum Notes to the Financlal Statements (¢ontlnu•dJ Year ended 31 March 2024 Accounting pollcles (eonllftued) Flnanclal Instruments Iwthu•dJ other financial Instnjments, Includlng derlvatives, are Initially rewgn18ed 8t lalr value, unless payment for an asset is deferred beyond normal business tenns or financed al a rate of Interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted al a market rate of Interest for a similar debt instrument. Other fln8ncl81 Instruments are subsequenty measured at lalr value, w6th any changé8 recognised in the statement of financlal activbtles, with the exception of hedging Instruments In desi9naled hedglng relatlonshlp. Financial assets that are measured at cost or amortised cost are revlewed for objectfve evldence of impairment at the end of each reporting dale. If there is objective evldence of impairment, an Impairment loss is recognised under th& appropriate heading in the statement ol financial aclivlties in which the initial gain was recognised. For all equity Instruments ￿gardI@s$ of 8lgnlfficance. and other finandal assets that are Indlvldually slgnlfficant, these are assessed Indlvidually lor Impaimènt. Other fln8n¢lal a888ts aro either assessed Indlvldually or grouped on thè basls of 81mllar credll risk characterf$llcs. Any rever$81s of Impalrm•nt are recognlsed Immedlately, to thè èxtént that the rever881 does not result In 8 carrylng amount of the financlal asset that 8xc8ed8 what the carrylng amount would have been had the Smpalrment not prevlou51y been recognlsed. Donatlon• and1ogaclo8 Unrostrlcted Totsl Fund• Unreslrfcted Total Funds Funds 2024 Funds 2023 Donatlon8 Donations Sadddleworth Hlslorfcal Soclety Friends Gift Aid 3,087 1.095 8.446 1.277 3,087 1,098 8.446 1.277 4,037 1.218 5.559 1,207 4,037 1,218 5,559 1,207 Grnnts Grants from OMBC 21.850 35.755 21,850 35,755 21,850 33,871 21,850 33,871 Othor tradlng actlvftl08 Unrestricted Total Funds Unrestrlcled Total Funds Funds 2024 Funds 2023 Shop income Admissions Sundry Income Education 8,046 8,148 7.616 60 8,IM6 8,148 7.616 60 9,235 6,019 10,901 9,235 8,019 10,901 23,870 23.870 28,155 28,155 -12- Saddleworth Museum Notes to the Flnanclal Statement8 (eonUnu•dJ Year ended 31 March 2024 I￿v￿tMent Income Unreslricted Total Funds Unrestrlcted Total Funds Funds 2024 Funds 2023 Building socièty Interest 712 712 86 Costs of ralslng donatlons and l•gacl•• Unraslricled Total Fund8 Unrèstrlcted Total Funds Funds 2024 Funds 2023 Costs of generatlng Incom•- Curalor 881ary. NIC & pension 8,280 8,280 8,280 8,280 Costs of other tradlng actlv11108 Unreslrlcted Totsl Funds Unreslrlcted Totsl Fund8 Funds 2024 Funds 2023 Costs of othér trading activiti88 - Shop ¢05ts 17,095 17,095 15,344 15,344 Exp•ndllur• on charltsbl• a¢tlvftl•8 by fund typ• Unrestrfcled Funds Reslrict8d Totsl Fund8 Funds 2024 Museum Educatlon Support C08ts 4,657 4,657 35,305 39,962 22,305 22,305 67,610 62,267 Unreslricled Funds Reslrieted Total Funds Fund5 2023 Museum Education Support Costs 1,157 10 34,708 35,873 1,157 10 57,011 58,178 22,305 22,305 -13- Saddleworth Museum Notes to the Financlal Ststements feonunued) Year ended 31 March 2024 10. Expendlture on charftable actlvltlm by a¢tlvlty ty Actlvllles undertaken directly Support costs Total funds 2024 Total fund 2023 Museum Education Governance costs 4.657 4.657 1.157 10 57,011 58,178 57,610 57,610 57.610 4,657 62.267 11. Analys18 of support costs Museum and Education Total 2024 Total 2023 staff costs Premises Finance costs Legal and other professional Depreciation Bank charges Administration ￿$ts Office sundrles 1,098 25,008 900 1.096 26.006 900 26,276 897 (7501 24,092 419 239 4.935 57,008 23,947 392 633 5,636 57,610 23,947 392 633 5,636 67,610 12. Net expendlture Net expenditure is ststed after ¢hargingI{c￿dlting). 2024 2023 Depreclatlon of tsngible flxed assets 23,947 24,092 13. Indep8nd¢nt examlnatlon f•e8 2024 2023 Fees payable to the independent examiner for- Independent examination of the fin8n¢lal statèrn•nts 900 897 14. Stsff coots The total staff costs and employee benefits for the reFQrtlng perfod are analysed as follows.. 2024 2023 Wages and salaries 22,652 21.283 -14- Saddleworth Museum Notes to th• Flnancial Statements (¢tyJdmffjdJ Year ended 31 March 2024 14. 8taff costs (eonunuodj The average head count of emptoyees duriw the year was 2 (2023.. 21. Th8 average number of fulktime equivalent employees during the year is ￿0￿sed as follws: 2024 No. 2023 No. Curator Museumlshoprric No employe8 received employee ben8ffts of nyjre than £60.000 duriThJ the year (2023.. NIII. 16. Tru8t•o rnmun•r•tlon and •xponM• No remunerallon or other ba￿fftS from empbym8nl wrth the charity or a related enb'ty were received by the trustaes 16. T*nglbl• fix•d •88•ts Property Improv8menl Land and Flxlures and building¥ ffttlngs Equlpment Tolal C081 At 1 Aprfl 2023 and 31 March 2024 70.626 45.349 3.885 1,158,288 1,278,128 D•pr•clallon At 1 Aprll 2023 Char9e for the year At 31 Ma￿h 2024 45,1(Kl 249 2,838 524 137.753 23.164 160.917 185,771 23,947 209,718 10 45,349 3,362 Carrylng amount At 31 March 2024 70.538 523 997,349 1,020.513 1,068,408 1,092,355 At 31 March 2023 70,Y6 249 1,047 17. Stoek• 2024 2023 Shop stod( of goods for resale 3,752 3,833 18. Dèbtor• 2024 2023 Trade debtors Prepayrnents and a￿ed incrs 2,121 8,758 198 15,000 26,077 1,292 8,820 16,000 26.112 20. Analysls of ¢harltabl• funds Unr•8trlct•d fund8 31 Mar¢h 202 1 Apiil 2023 In(x)me Expgndlture General funds Fulure Capital Expendlture Fund 141,885 17,610 159.495 80.337 (85,337) 136,885 17.610 164,496 60.337 (65.337) 31 March 202 1 Aprll 2022 Incom• Expondlturo General lunds Future Capltal Expendliure Fund 139,270 17,610 156.880 62,112 (59,497} 141,885 17,610 159,495 62,112 (59,497) RMtrl¢t•d lund• Al 1 Awil 2023 31 March 202 In￿me EX￿nditUre HentwJe Lottery Fund Special Donatlons IRefvrbi8hment) SAS (Heating) 872,013 111,862 7,208 991,083 (22,305) 849,708 111,862 7,208 96B,T18 (22,305) At 31 March 202 1 2022 In(x)me ExpeThditure Heritsge Lottery Fund Sp￿la1 Donalrons {Refurbishment) SAS {Heating) 894.318 111.862 7.208 1.013,388 (22,305) 872,013 111.862 7,208 991,083 (22.305) -16- Saddleworth Museum Notgs to the Flnancial Stat•mènts (￿11￿￿•￿) Year endad 31 March 2024 21. Analy818 of not a88ets betwoen lund8 Unrestrlcted Restricted Total Fund8 Fund8 Funds 2024 Tangible fixed assets Current assets C￿lIorS less than 1 year N•t o•8•ts 109,250 71.323 126,0781 154,495 959,158 9,620 1.088,408 80,943 126,078) 1.123,273 968,778 Unrestricted Funds Restricted Total Funds Fund5 2023 Tangible fixed assets Current assets Credltors less than 1 year Net a••gt• 110,892 74,714 126,111) 159.495 981,463 9,620 1,092,355 84,334 {26,111) 1,150,578 991,083 22. An•ly•l• of change• In not debt At At 1 Apr 2023 Cash IIOWB 31 Mar 2024 Cash at bank and In hand 68,557 6,140 74,697 -17- Saddleworth Museum Management Informatlon Year end•d 31 March 2024 Tho followlng pago8 do not form part of th• finan¢lal 8tatomont•. -18- Saddleworth Museum Detalled Statement of Flnanclal Actlvltles Year ended 31 March 2024 2024 2023 In¢om• and andowments Donatlon8 and legacles Donations Sadddleworth Historical Society Friends Gift Grants from OMBC 3,087 1,095 4,037 1,218 5.559 1,207 21,850 33,871 1,277 21,860 36,755 Other tradlng actfvltle• Shop income Admisslons Sundry Income Education 9,235 8,019 10,901 8.148 7,616 60 23,870 28,155 Inve•tment Income Building society interest 712 Total Income 60A37 62,112 -19- Saddleworth Museum Detailed Statement of Flnanclal Actlvltles fconllnuo Year endfrd 31 March 2024 2024 2023 Expendttur• Costs of ral8lng donatlons and logaeies Wages and salaries 8,280 8,280 Costs of other tradlng a¢tlvltl Opening stock Purchases Closlng stock Wages and salarles Repairs and malnten8n 3,833 3,484 3,752 13,275 255 3.202 3,846 3,833 12,103 26 17,095 15.344 Expendlture on charltable actlvllleg Wages and salaries Rates and water Light and heat Repairs and maintenance other establishment Legal and professional fees Telephone Deprecialion Museum expenses Education Office sundries 1,097 2,080 11,392 900 2.148 8,430 150 14.418 147 1.135 24.092 512 1,313 4.935 58.178 10,139 900 1,394 23,947 3,241 2,441 5,636 62,267 Total expendlture 87,642 81,802 Net expgndlture 127,305) {19,690} -20. Saddleworth Museum Notes to th• Detail￿ Statemont of Finanelal Acllvltles Year ended 31 March 2024 2023 Costs of ralolng donatlon8 and legacl88 Costs of generatlng Income- Curator salary. NIC & p•nslon Curators Yrdges and salar 8.280 Costs of rdlslng donatlon8 and kgacles 8280 8,280 Costs of other tradlng a¢tlvltles Costs of other tradlng acthiltles - SIK*P costs Shop costs- opening Shop costs- purchases Shop rosts- Closing stock Shop costs- wages and sakTi8s Shop costs- repairn & maintenance 3.833 3.202 3,848 (3,8331 12,103 13,7521 13,275 255 17,095 15,344 Costs of othor trddlng actlvltles 17,095 15,344 Expendlturn on charltabh aclivlllos Museum Actlvftles undertaken dlr8¢dy Museum expenses Special events cosis 2,849 1,808 4.657 93 1,064 1,157 Educatlon Actlvltles undertaken directy Education sundry costs Govemancg costs 8ookkeeper Governance costs - water Govemance costs- light & heat Govemance costs- repairs & maintenance Govemance costs- other estsblishment Govemance ¢osts- accountancy fees Govefflance costs- legal arKI other profes￿ fees Governance costs- I8￿phOne Governance costs- depreaation Bank charges Administrative costs Office sundries 10 1.097 2.080 11A92 2.148 8.430 150 14.418 897 (750) 1,135 24,092 419 239 4,935 57.011 10.139 900 1,394 23,947 392 633 5,636 57,610 Expondlturè on ¢harltablè activ5tles 62,267 58,178