2025-03-31-accounts

	Page
Trustees' annual report	1
Independent examiner's report to the trustees	5
Statement of financial activities	6
Statement of financial position	7
Statement of cash flows	8
Notes to the financial statements	9
The following pages do not form part of the financial statements
Detailed statement of financial activities	19
Notes to the detailed statement of financial activities	21

			2025		2024
		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
	Note	£	£	£	£
Income and endowments
Donations and legacies	4	98,933	-	98,933	35,755
Other trading activities	5	28,560	-	28,560	23,870
Investment income	6	2,250	-	2,250	712
Total income		129,743		129,743	60,337
			s
Expenditure
Expenditure on raising funds:
Costs of raising donations and
legacies	7	8,280	-	8,280	8,280
Costs of other trading activities	8	18,463	-	18,463	17,095
Expenditure on charitable activities	9,10	45,751	22,305	68,056	62,267
Total expenditure		72,494	22,305	94,799	87,642
Net income/(expenditure) and net
movement in funds		57,249	(22,305)	34,944	(27,305)
Reconciliation of funds
Total funds brought forward		154,495	968,778	1,123,273	1,150,578
Total funds carried forward		211,744	946,473	1,158,217	1,123,273

		2025		2024
	Note	£	£	£
Fixed assets
Tangible fixed assets	16		1,044,710	1,068,408
Current assets
Stocks	17	4,574		3,752
Debtors	18	5,413		2,493
Cash at bank and in hand		125,530		74,697
		135,517		80,942
Creditors: amounts falling due within one year	19	22,010		26,077
Net current assets			113,507	54,865
Total assets less current liabilities			1,158,217	1,123,273
Net assets			1,158,217	1,123,273
Funds of the charity
Restricted funds			946,473	968,778
Unrestricted funds			211,744	154,495
Total charity funds	20		1,158,217	1,123,273

	2025	2024
	£	£
Cash flows from operating activities
Net income/(expenditure)	34,944	(27,305)
Adjustments for.:
Depreciation of tangible ifxed assets	23,698	23,947
Other interest receivable and similar income	(2,250)	(712)
Accrued income	(2,253)	(62)
Changes in:
Stocks	(822)	81
Trade and other debtors	(2,920)	9,452
Trade and other creditors	(1,814)	27
Cash generated from operations	48,583	5,428
Interest received	2,250	712
Net cash from operating activities	50,833	6,140
Net increase in cash and cash equivalents	50,833	6,140
Cash and cash equivalents at beginning of year	74,697	68,557
Cash and cash equivalents at end of year	125,530	74,697

	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2025	Funds	2024
	£	£	£	£
Donations
Donations	62,587	62,587	3,087	3,087
Sadddleworth Historical Society	960	960	1,095	1,095
Friends	8,223	8,223	8,446	8,446
Gift Aid	979	979	1,277	1,277
Grants
Grants from OMBC	21,850	21,850	21,850	21,850
AIM grant	3,794	3,794	-	-
Sponsorship
Business partners	540	540	-	-
	98,933	98,933	35,755	35,755

		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2025	Funds	2024
		£	£	£	£
	Shop income	8,319	8,319	8,046	8,046
	Admissions	8,608	8,608	8,148	8,148
	Sundry Income	11,633	11,633	7,616	7,616
	Education	-	-	60	60
		28,560	28,560	23,870	23,870
6.	Investment income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2025	Funds	2024
		£	£	£	£
	Building society interest	2,250	2,250	712	712
7.	Costs of raising donations and legacies
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2025	Funds	2024
		£	£	£	£
	Costs of generating income - Curator
	salary, NIC & pension	8,280	8,280	8,280	8,280
8.	Costs of other trading activities
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2025	Funds	2024
		£	£	£	£
	Costs of other trading activities - Shop
	costs	18,463	18,463	17,095	17,095
9.	Expenditure on charitable activities	by fund type
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2025
			£	£	£
	Museum		6,433	-	6,433
	Support costs		39,318	22,305	61,623
			45,751	22,305	68,056
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2024
			£	£	£
	Museum		4,657	-	4,657
	Support costs		35,305	22,305	57,610
			39,962	22,305	62,267

		Activities	Activities	Activities
		undertaken			Support		Total funds	Total fund
		directly				costs	2025	2024
			£			£	£	£
	Museum		6,433			-	6,433	4,657
	Governance costs			-		61,623	61,623	57,610
			6,433			61,623	68,056	62,267
11.	Analysis of support costs
					Museum and
					Education		Total 2025	Total 2024
						£	£	£
	Staff costs					1,313	1,313	1,096
	Premises					27,482	27,482	25,006
	Finance costs					922	922	900
	Depreciation					23,698	23,698	23,947
	Bank charges					1,139	1,139	392
	Administration costs					308	308	633
	Office sundries					6,761	6,761	5,636
						61,623	61,623	57,610
12.	Net income/(expenditure)
	Net income/(expenditure) is stated after charging/(crediting):
							2025	2024
							£	£
	Depreciation of tangible fixed assets						23,698	23,947
13.	Independent examination fees
							2025	2024
							£	£
	Fees payable to the independent examiner for:
	Independent examination of the financial	statements					922	900
14.	Staff costs
	The total staff costs and employee benefits for		the	reporting		period are analysed as		follows:
							2025	2024
							£	£
	Wages and salaries						24,155	22,652

full-time equivalent employees during the year	is analysed as follows:
	2025	2024
	No.	No.
Curator	1	1
Museum/Shop/TIC	1	1
	2	2

				Property
	Land and	Fixtures and		Improvement
	buildings	fittings	Equipment	s	Total
	£	£	£	£	£
Cost
At 1 April 2024 and
31 March 2025	70,626	45,349	3,885	1,158,266	1,278,126
Depreciation
At 1 April 2024	90	45,349	3,362	160,917	209,718
Charge for the year	10	-	523	23,165	23,698
At 31 March 2025	100	45,349	3,885	184,082	233,416
Carrying amount
At 31 March 2025	70,526	-	-	974,184	1,044,710
At 31 March 2024	70,536	-	523	997,349	1,068,408

						2025	2024
						£	£
Shop	stock	of	goods	for	resale	4,574	3,752

	2025	2024
	£	£
Trade debtors	3,380	325
Prepayments and accrued income	2,033	2,168
	5,413	2,493

	2025	2024
	£	£
Trade creditors	1,079	2,121
Accruals and deferred income	6,505	8,758
Social security and other taxes	426	198
Other creditors	14,000	15,000
	22,010	26,077

Unrestricted funds
				At
	At			31 March 20
	1 April 2024	Income	Expenditure	25
	£	£	£	£
General funds	136,885	129,743	(72,494)	194,134
Future Capital Expenditure Fund	17,610	-	-	17,610
	154,495	129,743	(72,494)	211,744
	At			31 March 20
	1 April 2023	Income	Expenditure	24
	£	£	£	£
General funds	141,885	60,337	(65,337)	136,885
Future Capital Expenditure Fund	17,610	-	-	17,610
	159,495	60,337	(65,337)	154,495
Restricted funds
				At
	At			31 March 20
	1 April 2024	Income	Expenditure	25
	£	£	£	£
Heritage Lottery Fund	849,708	-	(22,305)	827,403
Special Donations (Refurbishment)	111,862	-	-	111,862
SAS (Heating)	7,208	-	-	7,208
	968,778	-	(22,305)	946,473
				At
	At			31 March 20
	1 April 2023	Income	Expenditure	24
	£	£	£	£
Heritage Lottery Fund	872,013	-	(22,305)	849,708
Special Donations (Refurbishment)	111,862	-	-	111,862
SAS (Heating)	7,208	-	-	7,208
	991,083	-	(22,305)	968,778

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2025
		£	£	£
	Tangible fixed assets	107,857	936,853	1,044,710
	Current assets	125,898	9,620	135,518
	Creditors less than 1 year	(22,011)	-	(22,011)
	Net assets	211,744	946,473	1,158,217
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2024
		£	£	£
	Tangible fixed assets	109,250	959,158	1,068,408
	Current assets	71,323	9,620	80,943
	Creditors less than 1 year	(26,078)	-	(26,078)
	Net assets	154,495	968,778	1,123,273
22.	Analysis of changes in net debt
				At
		At 1 Apr 2024	Cash flows	31 Mar 2025
		£	£	£
	Cash at bank and in hand	74,697	50,833	125,530

	2025	2024
	£	£
Income and endowments
Donations and legacies
Donations	62,587	3,087
Sadddleworth Historical Society	960	1,095
Friends	8,223	8,446
Gift Aid	979	1,277
Grants from OMBC	21,850	21,850
AIM grant	3,794	-
Business partners	540	-
	98,933	35,755
Other trading activities
Shop income	8,319	8,046
Admissions	8,608	8,148
Sundry Income	11,633	7,616
Education	-	60
	28,560	23,870
Investment income
Building society interest	2,250	712
Total income	129,743	60,337

	2025	2024
	£	£
Expenditure
Costs of raising donations and legacies
Wages and salaries	8,280	8,280
Costs of other trading activities
Opening stock	3,752	3,833
Purchases	4,723	3,484
Closing stock	4,574	3,752
Wages and salaries	14,562	13,275
Repairs and maintenance	-	255
	18,463	17,095
Expenditure on charitable activities
Wages and salaries	1,313	1,097
Rates and water	2,818	2,080
Light and heat	12,300	11,392
Other establishment	10,904	10,139
Legal and professional fees	923	900
Telephone	1,459	1,394
Depreciation	23,698	23,947
Museum expenses	5,242	3,241
Education	2,638	2,441
Office sundries	6,761	5,636
	68,056	62,267
Total expenditure	94,799	87,642
Net income/(expenditure)	34,944	(27,305)

	2025	2024
	£	£
Costs of raising donations and legacies
Costs of generating income - Curator salary, NIC & pension
Curators wages and salaries	8,280	8,280
Costs of raising donations and legacies	8,280	8,280
Costs of other trading activities
Costs of other trading activities - Shop costs
Shop costs - opening stock	3,752	3,833
Shop costs - purchases	4,723	3,484
Shop costs - closing stock	(4,574)	(3,752)
Shop costs - wages and salaries	14,562	13,275
Shop costs - repairs & maintenance	-	255
	18,463	17,095
Costs of other trading activities	18,463	17,095
Expenditure on charitable activities
Museum
Activities undertaken directly
Museum expenses	4,103	2,849
Special events costs	2,330	1,808
	6,433	4,657
Governance costs
Bookkeeper	1,313	1,097
Governance costs -water	2,818	2,080
Governance costs - light & heat	12,300	11,392
Governance costs - other establishment	10,904	10,139
Governance costs - accountancy fees	923	900
Governance costs - telephone	1,459	1,394
Governance costs - depreciation	23,698	23,947
Bank charges	1,139	392
Administrative costs	308	633
Office sundries	6,761	5,636
	61,623	57,610
Expenditure on charitable activities	68,056	62,267