# ## ## ## ||`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`|