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||||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|
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|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||||
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||||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|
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||||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|
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|||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||
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|||||||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||
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||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||
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|||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||
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||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||
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||||||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|
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|||||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|
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|||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|
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||||||||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|
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|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|
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|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|
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|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|
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