2020-12-31-accounts

			Page
Reference and Administrative Details ofthe Museum,		its Trustees and Advisers	1-2
Chairman's Statement			3-5
Trustees' Report
Independent Examiner's	Report		10
Statement of Financial	Activities
Balance Sheet			12-13
Notes to the Financial Statements			14-29

REFERENCE AND	REFERENCE AND	ADMINISTRATIVE	DETAILS OF THE MUSEUM, ITS TRUSTEES AND ADVISERS	DETAILS OF THE MUSEUM, ITS TRUSTEES AND ADVISERS	DETAILS OF THE MUSEUM, ITS TRUSTEES AND ADVISERS
		FOR THE	YEAR ENDED 31 DECEMBER 2020
Trustees		L Borgia (appointed			20 February 2020)
		RJ Brittain, Finance Officer
		M D Carter
		EBElam
		PJ Ibbett, Chairman
		Mrs E C Marshall		(resigned 17September 2020)
		D I Rudd
		J K Sinfield
		C C Thompson
		GJWatts
Company	registered
number		02290819
Charity registered
number		800074
Registered	office	8 New Street
		St Neots
		Cambs
		PE19 1AE
Company	secretary	Mrs S Rendall
Accountants		Streets Chartered			Accountants
		Potton House
		Wyboston Lakes
		Great North Road
		Wyboston
		Beds
		MK44 3BZ
Bankers		Barclays Bank	Pic
		41 High Street
		St Neots
		Gamba
		PE191AS
		Santander
		Bridle Road
		Bootle
		Merseyside
		L304GB
		Natwest Bank	Pic
		37 High St
		St Neots
		Cambs
		PE191BP

			Unrestricted	Restricted	Total	Total
		Note	funds 2020	funds 2020f	funds 2020 6	funds 2019
Income from: Donations and legacies Charitable activities Other trading activities			35,235 49,336 7,311 228	16,845	35,235 66,181 7,311 228	10,198 61,585 21,166 283
Investments
			92,110	16,845	108,955	93,332
Total income
Expenditure on: Raising funds Charitable activities			3,724 72,042	18,163	3,724 90,205	11,538 83,638
			75,766	18,163	93,929	95,176
Total expenditure
Net incomel(expenditure) Transfers between funds		18	16,344 (141)	(1,318) 141	15,026	(1,844)
			16,203	(1,177)	15,026	(1,844)
Net movement in	funds
Reconciliation offunds: Total funds brought forward Net movement in funds			63,686 16,203	29,547 (1,177)	93,233 15,026	95,077 (1,844)
			79,889	28,370	108,269	93,233

			2020	2019
		Note	8	8
Charity funds
Restricted funds		18	28,370	29,547
Unrestricted	funds	18	79,889	63,686
Total funds			108,259	93,233

		Unrestricted	Total	Total
		funds	funds	funds
		2020	2020	2019
			6	8
Donations
Donations -	General	2,257	2,257	5,635
Donations - Friends ofSt Neots Museum		3,961	3,961	2,802
Use of Old Court Room		388	388	1,761
		6,606	6,606	10,198
Government	grants	28,629	28,629
		35,235	35,235	10,198
Total2019		10,198	10,198

						Unrestricted	Restricted	Total	Total
						funds	funds	funds	funds
						2020	2020	2020	2019
							5	F
Grant from	St Neots		Town Council			45,000		45,000	45,000
Grants for	specific projects						16,845	16,845	6,020
Donations	in lieu ofentrance fees							599	1,574
Commission		on sale	of	photographs	and craft
fair						1,588		1,588	2,437
Photographs		supplied	and miscellaneous
income						132		132	106
Income from		workshops		and events		2,017		2,017	6,548
Total 2020						49,336	16,845	66,181
Total 2019						58,313	3,372	61,685

	Unrestricted	Total	Total
	funds	funds	funds
	2020 6	2020f	2019 5
Shop income	7,311	7,311	10,436
Escape room income			10,730
	7,311	7,311	21,166
Total 2019	21,166	21,166

		Unrestricted	Total	Total
		funds	funds	funds
		2020	2020	2019
Goods for resale (adjusted	by stock)	3,724	3,724	4,370
Escape room costs				7,168
		3,724	3,724	11,538
Total2019		11,538	11,538

	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2020 F	2020 F	2020 F	2019f
Si Neots Museum	72,042	18,163	90,205	83,638
Total 2019	73,154	10,484	83,638

				Total	Total
	Staff costs	Depreciation	Other costs	funds	funds
	2020	2020	2020	2020	2019
	F.		F.	F	F
St Neots Museum	65,891	1,968	22,346	90,205	83,638
Total 2019	41,649	5,305	36,684	83,638

	Activities
	undertaken	Support	Total	Total
	directly	costs	funds	funds
	2020	2020	2020	2019
	F		F
St Neots Museum	78,361	11,644	90,205	83,638
Total 2019	74,803	8,835	83,638

					Total	Total
					funds	funds
					2020f	2019
Staff costs					66,891	41,649
Depreciation					1,968	5,305
Rent					1„040	1,040
Rates and water					838	1,930
Light and heat					2,280	2483
Insurance					1,721	2,082
Repairs and maintenance					494	3,594
Security system					827	2,027
Conservation						811
Displays and exhibitions					302	6,563
Events						1,840
Legal and professional		fees			2,000	4,059
Loss on disposal of	fixed		assets			1,620
Covid expenses					1,000
					78,361	74,803
Analysis ofsupport	costs
					Total	Total
					funds	funds
					2020 6	2019f
Telephone					200	210
Postage, stationery	and		photocopier		242	731
Publicity and advertising,			including	website costs	8,339	4,795
Travelling and training		costs			6	6
Sundry expenses					916	701
Governance costs					2,141	2,392
					11,844	8,835

				Short-term
				leasehold	Fixtures and
				property 6	fittings F	Total f
	Cost orvaluation
	At 1 January 2020			67,035	92,764	159,799
	Additions				491	491
	At 31 December 2020			67,035	93,255	160,290
	Depreciation
	At 1 January 2020			67,035	86,731	153,766
	Charge for the year				1,968	1,968
	At 31 December 2020			67,035	88,699	155,734
	Net book value
	At 31 December 2020				4,556	4,556
	At 31December 2019				6,033	6,033
14.	Heritage assets
	Assets recognised	at cost
						Kimbolton
						Hoard
						2020
						6
	Carrying value at 1	January	and 31 December 2020			22,747
						22,747

		2020f	2019f
Finished goods and goods for resale		8,385	6,883
Debtors
		2020f	2019
Due within one year
Trade debtors			311
Other debtors		1,136	1,525
Prepayments	and accrued income	3,258	1,948
		4,394	3,884

17.	Creditors: Amounts	falling due within one year
			2020 f	2019 f
	Trade creditors		120	106
	Accruals and deferred	income	8,286	7,928
			8,406	8,034

							Balance at
			Balance at 1				31
			January			Transfers	December
			2020 F	Income	Expenditure	in/out 6	2020f
Unrestricted funds
General Funds			63,686	92,110	(75,766)	(141)	79„889
Restricted funds
Property Conversion		and
Equipment Fund			6,033		(1,968)	491	4,556
Heritage Assets (primarily
Kimbolton Hoard)			22,747				22,747
Norfolk Museum			250		(250)
Norfolk County Council			400			(350)	50
Rotary Project			117				117
Arts Council England				14,845	(14,845)
Rotary Christmas	Project			200	(100)		100
Cambs and Hunts	History
Society				1,000	(1,000)
Goodliff				800			800
			29,547	16,845	(18,163)	141	28,370
Total offunds			93,233	108,955	(93,929)		108,259

Statement offunds	- prior ye	ar
						Balance at
		Balance at				31
		1January			Transfers	December
		2019 6	Income E	Expenditure	in/out 8	2019f
Unrestricted funds
General Funds		61,896	89,960	(84,692)	(3,478)	63,686
Restricted funds
Property Conversion	and
Equipment Fund		9,784		(6,925)	3,174	6,033
Heritage Assets (primarily
Kimbolton Hoard)		22,747				22,747
Cambridge County	Council		2,122	(2,426)	304
Norfolk Museum		250				250
Norfolk County Council		400				400
Rotary Project			250	(133)		117
M&H Medi Prize			1,000	(1,000)
		33,181	3,372	(10,484)	3,478	29,547
Total offunds		95,077	3,372	(95,176)		93,233

Summary offunds - current ye	ar
					Balance at
	Balance at 1				31
	January			Transfers	December
	2020	Income	Expenditure	in/out	2020
	E	F.	E	F	F
General funds	63,686	92,110	(75,766)	(141)	79,889
Restricted funds	29,547	16,845	(18,163)	141	28,370
	93,233	108,955	(93,929)		108,259
Summary offunds - prior year
					Balance at
	Balance at				31
	1January			Transfers	December
	2019f	Income E	Expenditure E	inlout E	2019 E
General funds	61,896	89,960	(84,692)	(3,478)	63,685
Restricted funds	33,181	3,372	(10,484)	3,478	29,547
	95,077	93,332	(95,176)		93,233

Analysis	ofnet assets between funds - cur	rent period
		Unrestricted	Restricted	Total
		funds	funds	funds
		2020	2020	2020
		F	E	F.
Tangible	fixed assets		4,556	4,556
Heritage	assets		22,747	22,747
Current	assets	88,295	1,067	89,362
Creditors	due within one year	(8,406)		(8,406)
Total		79,889	28,370	108,259

Analysis ofnet assets between funds - prio	r period
	Unrestricted	Restricted	Total
	funds	funds	funds
	2019	2019	2019
Tangible fixed assets		6,033	6,033
Heritage assets		22 747	22,747
Current assets	71,720	767	72,487
Creditors due within one year	(8,034)		(8,034)
	63,686	29,547	93,233