||||Page||
|---|---|---|---|---|
|Report of|the Trustees|1|to|6|
|Report of|the Independent
Auditors|7|to|9|
|Statement|of Financial Activities||10||
|Balance Sheet||11|to|12|
|Notes to the Financial Statements||13 to||24|
|Detailed|Statement
of Financial Activities|25|to|26|
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|||||||30/11/20|30/11/19|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|fund|funds|funds|
||||Notes||R|||
|INCOME AND ENDOWMENTS||FROM||||||
|Charitable
activities||||||||
|Donations and legacies||||3,519||3,519|2,652|
|Exhibitions||||5,858||5,858|77,401|
|Other income||||345||345|345|
|Investment
income||||966||966|1,307|
|Other income||||22,837||22,837||
|Total||||33,525||33,525|81,705|
|EXPENDITURE ON||||||||
|Raising funds||||58,984||58,984|49,065|
|NET INCOME/(EXPENDITURE)||||(25,459)||(25459)|32,640|
|Transfers between|funds||15|(191)|191|||
|Net movement
in|funds|||(25,650)|191|(25459)|32,640|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought forward||||566,967|2,888|569,855|537,215|
|TOTAL FUNDS CARRIED FORWARD||||541,317|3,079|544,396|569,855|
##
||||||30/11/20|30/11/19|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|fund|funds|funds|
|||Notes||||E|
|FIXED ASSETS|||||||
|Tangible assets||10|282,831||282,831|290,177|
|Investments||11|2||2|2|
||||282,833||282,833|290,179|
|CURRENT ASSETS|||||||
|Debtors||12|56434||56,434|42,599|
|Cash at bank and in hand||13|214,059|3,079|217,138|241,876|
||||270,493|3,079|273,572|284,475|
|CREDITORS|||||||
|Amounts
falling due within one year||14|(12,009)||(12,009)|(4,799)|
|NET CURRENT|ASSETS||258,484|3,079|261,563|279,676|
|TOTAL ASSETS LESS CURRENT LIABILITIES|||541,317|3,079|544,396|569,855|
|NET ASSETS|||541,317|3,079|544,396|569,855|
|FUNDS||15|||||
|Unrestricted|funds||||541,317|566,967|
|Restricted
funds|||||3,079|2,888|
|TOTAL FUNDS|||||544,396|569,855|
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||||30/11/20|30/11/19|
|---|---|---|---|---|
|||Activity||E|
|Covenanted|profit|Donations and legacies||1,587|
|Donations||Donations and legacies|185|1,065|
|Grants||Donations and legacies|3,334||
|Exhibitions||Exhibitions|5,858|77,401|
|Rental income||Other income|345|345|
||||9,722|80,398|
|Grants received, included||in the above, are as follows:|||
||||30/11/20|30/11/19|
||||E|E,|
|Grants received|||3,334||
|RAISING FUNDS|||||
|Charitable
activities|||||
||||30/11/20|30/11/19|
||||E|E|
|Staff costs|||30,731|20,794|
|Office, post and stationery|||3,829|3,299|
|Sundries|||1,575|713|
|Legal fees|||2,850|1,141|
|Publicity|||180|1,517|
|Depreciation|||8,050|8,021|
|Support costs|||11,769|13,580|
||||58,984|49,065|
|NET INCOME/(EXPENDITURE)|||||
|Net income/(expenditure)||is stated after charging/(crediting):|||
||||30/11/20|30/11/19|
|Auditors'
remuneration|||2,880|2,880|
|Depreciation|-owned assets||8,050|8,021|
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|The average
monthly
number of employ|ees
during the year was as follows:||
|---|---|---|
||30/11/20|30/11/19|
|Staff|6|3|
|Trustees|5|5|
##
|No employees
received emoluments
in excess of|No employees
received emoluments
in excess of|No employees
received emoluments
in excess of|260,000.|||
|---|---|---|---|---|---|
|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL|||ACTIVITIES|||
||||Unrestricted|Restricted|Total|
||||funds|fund|funds|
||||||E|
|INCOME AND ENDOWMENTS||FROM||||
|Charitable
activities||||||
|Donations and legacies|||2,652||2,652|
|Exhibitions|||77,401||77,401|
|Other income|||345||345|
|Investment
income|||1,307||1,307|
|Total|||81,705||81,705|
|EXPENDITURE
ON||||||
|Raising funds|||49,065||49,065|
|NET INCOME|||32,640||32,640|
|Transfers between|funds||(1,280)|1,280||
|Net movement
in|funds||31,360|1,280|32,640|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought forward|||535,607|1,608|537,215|
##
##
|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL
ACTIVITIES - continued|FOR THE STATEMENT OF FINANCIAL
ACTIVITIES - continued|FOR THE STATEMENT OF FINANCIAL
ACTIVITIES - continued|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|fund|funds|
||||E,|E|E|
|TOTAL FUNDS CARRIED FORWARD|||566,967|2,888|569,855|
|TANGIBLE FIXED ASSETS||||||
|||||Fixtures||
|||Freehold|Plant and|and||
|||property|machinery|fittings|Totals|
|||E,|E|E|E|
|COST||||||
|At
1 December 2019||300,000|89,675|17,271|406,946|
|Additions|||704||704|
|At 30November|2020|300,000|90,379|17,271|407,650|
|DEPRECIATION||||||
|At
1 December 2019
Charge for year||18,000
6,000|85,014
1,012|13,755
1,038|116,769
8,050|
|At 30November|2020|24,000|86,026|14,793|124,819|
|NET BOOK VALUE||||||
|At 30November|2020|276,000|4,353|2,478|282,831|
|At 30November|2019|282,000|4,661|3,516|290,177|
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|MARKET VALUE|MARKET VALUE||
|---|---|---|
|At|1 December 2019and||
|30|November
2020||
|NET BOOK VALUE|||
|At|30November|2020|
|At|30November|2019|
##
|Nature of b|usiness: Museum
gift shop||||
|---|---|---|---|---|
|||Fo|||
|Class ofshare:||holding|||
|Ordinary||100|||
||||30/11/20|30.11.19|
||||E,|E|
|Aggregate|capital and reserves||(10,967)|2|
|Loss for the|year||(10,969)||
|12.|DEBTORS:AMOUNTS|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR||||
|---|---|---|---|---|---|---|---|---|
||||||||30/11/20|30/11/19|
|||||||||E|
||Amounts
owed by|group undertakings|||||31,073|38,374|
||Other debtors||||||22,837||
||Prepayments||||||2,524|4,225|
||||||||56,434|42,599|
|13.|CASH AT BANK AND||IN|HAND|||||
||||||||30/11/20|30/11/19|
|||||||Restricted|Total|Total|
||||||General|income fund|funds|funds|
|||||||||E,|
||Cash in hand||||90||90|90|
||Bank account no.|1|||25,586|2,979|28,565|29,040|
||Bank deposit account||||188,383|100|188,483|212,746|
||Total||||214,059|3,079|217,138|241,876|
|14.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN|ONE YEAR||||
||||||||30/11/20|30/11/19|
|||||||||E|
||Trade creditors|||||||1,016|
||Deferred income||||||7,466||
||Accrued expenses||||||4,543|3,783|
||||||||12,009|4,799|
|15.|MOVEMENT
IN FUNDS||||||||
|||||||Net|Transfers||
||||||At|movement|between|At|
||||||1/12/19|in funds|funds|30/11/20|
||||||||R||
||Unrestricted
funds||||||||
||General||||444,995|(24,419)|(191)|420,385|
||Revaluation
reserve||||121,972|(1,040)||120,932|
||||||566,967|(25,459)|(191)|541,317|
||Restricted funds||||||||
||Restricted income|fund|||2,888||191|3,079|
||TOTAL FUNDS||||569,855|(25,459)||544,396|
##
##
|Net moveme|nt
in funds, included
in the|above are as follows:|||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||E|E|E,|
|Unrestricted|funds||||
|General||33,525|(57,944)|(24,419)|
|Revaluation|reserve||(1,040)|(1,040)|
|||33,525|(58,984)|(25,459)|
|TOTAL FUNDS||33,525|(58,984)|(25,459)|
##
##
||||Net|Transfers||
|---|---|---|---|---|---|
|||At|movement|between|At|
|||1/12/18|in funds|funds|30/11/19|
|||E,|E|E|E|
|Unrestricted|funds|||||
|General||413,017|33,258|(1,280)|444,995|
|Revaluation|reserve|122,590|(618)||121,972|
|||535,607|32,640|(1,280)|566,967|
|Restricted funds||||||
|Restricted income fund||1,608||1,280|2,888|
|TOTAL FUNDS||537,215|32,640||569,855|
##
|Comparative|net movement
in funds, i|ncluded
in the above are as fo|llows:||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||E|E||
|Unrestricted|funds||||
|General||81,705|(48,447)|33,258|
|Revaluation|reserve||(618)|(618)|
|||81,705|(49,065)|32,640|
|TOTAL FUNDS||81,705|(49,065)|32,640|
##
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##
|A current ye|ar 12months and prio|r year 12months com|bined
position|is as follows:||
|---|---|---|---|---|---|
||||Net|Transfers||
|||At|movement|between|At|
|||1/12/18|in funds|funds|30/11/20|
||||R|||
|Unrestricted|funds|||||
|General||413,017|8,839|(1,471)|420,385|
|Revaluation|reserve|122,590|(1,658)||120,932|
|||535,607|7,181|(1 471)|541,317|
|Restricted funds||||||
|Restricted income fund||1,608||1,471|3,079|
|TOTAL FUNDS||537,215|7,181||544,396|
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||||E,|
|Unrestricted|funds||||
|General||115,230|(106,391)|8,839|
|Revaluation|reserve||(1,658)|(1,658)|
|||115,230|(108,049)|7,181|
|TOTAL FUNDS||115,230|(108,049)|7,181|
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|||30/11/20|30/11/19|
|---|---|---|---|
||||E|
|INCOME AND ENDOWMENTS||||
|Investment
income||||
|Deposit account interest||966|1,307|
|Charitable
activities||||
|Exhibitions
Rental income||5,858
345|77,401
345|
|Covenanted
profit
Donations
Grants||185
3,334|1,587
1,065|
|||9,722|80,398|
|Other income||||
|Insurance
settlement||22,837||
|Total incoming
resources||33,525|81,705|
|EXPENDITURE||||
|Charitable
activities||||
|Wages
Office, post and stationery
Sundries
Legal fees||30,731
3,829
1,575
2,850|20,794
3,299
713
1,141|
|Publicity
Freehold property depreciation
Plant 8 machinery
depreciation||180
6,000
1,012|1,517
6,000
983|
|Fixtures 8 fittings depreciation||1,038|1,038|
|||47,215|35,485|
|Support costs||||
|Management||||
|Insurance
Light and heat||3,201
2,195|3,000
2483|
|Telephone||1,084|1,131|
|||6,480|6,614|
|Finance||||
|Bank charges||33|33|
##
|||30/11/20|30/11/19|
|---|---|---|---|
|||E||
|Finance||||
|Information|technology|||
|Repairs and|renewals|2,376|4,053|
|Governance|costs|||
|Auditors'
remuneration||2,880|2,880|
|Total resources expended||58,984|49,065|
|Net (expenditure)/income||(25,459)|32,640|