| Page | |||
|---|---|---|---|
| Reference and Administrative Details ofthe Museum, |
its Trustees and Advisers | 1-2 | |
| Chairman's Statement |
3-5 | ||
| Trustees' Report |
6-9 | ||
| Independent Examiner's |
Report | 10 | |
| Statement of Financial | Activities | ||
| Balance Sheet | 12-13 | ||
| Notes tothe Financial Statements | 14-30 |
| REFERENCE AND | REFERENCE AND | ADMINISTRATIVE FOR THE |
DETAILS OF THE MUSEUM, ITSTRUSTEES AND ADVISERS YEAR ENDED 31 DECEMBER 2021 |
DETAILS OF THE MUSEUM, ITSTRUSTEES AND ADVISERS YEAR ENDED 31 DECEMBER 2021 |
DETAILS OF THE MUSEUM, ITSTRUSTEES AND ADVISERS YEAR ENDED 31 DECEMBER 2021 |
|---|---|---|---|---|---|
| Trustees | L Borgia | ||||
| RJ Brittain, Finance | Officer | ||||
| M D Carter | |||||
| E BElam | |||||
| P J Ibbett, Chairman | |||||
| M Fletcher (appointed | 2 September 2021) | ||||
| D I Rudd | |||||
| J K Sinfield | |||||
| C C Thompson | |||||
| G JWatts | |||||
| Company number |
registered | 02290819 | |||
| Charity registered number |
800074 | ||||
| Registered | office | 8 New Street St Neots |
|||
| Gamba | |||||
| PE191AE | |||||
| Company | secretary | SRendall (to 24 November 2021 ) J K Sinfleld (from 24 November 2021) |
|||
| Accountants | Streets Chartered | Accountants | |||
| Potton House | |||||
| Wyboston Lakes |
|||||
| Great North Road | |||||
| Wyboston | |||||
| Beds | |||||
| MK44 3BZ | |||||
| Bankers | Barclays Bank Pic | ||||
| 41 High Street | |||||
| StNeots | |||||
| Cambs | |||||
| PE191AS | |||||
| Santander | |||||
| Bridle Road | |||||
| Bootic | |||||
| Merseyside | |||||
| L304GB | |||||
| Natwest Bank Pic |
|||||
| 37 High St | |||||
| StNeots | |||||
| Gamba | |||||
| PE191BP |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| Note | 2021f | 2021f | 2021f | 2020f | ||
| Income from: | ||||||
| Donations and legacies |
31,928 | 968 | 32,896 | 35,235 | ||
| Charitable activities |
52,931 | 4,613 | 57,544 | 88,181 | ||
| Other trading activities |
14,321 | 14,321 | 7,311 | |||
| Investments | 184 | 184 | 228 | |||
| Total income | 99,364 | 5,581 | 104,945 | 108,955 | ||
| Expenditure on: |
||||||
| Raising funds | 9,961 | 9,961 | 3,724 | |||
| Charitable activities |
89,250 | 6,665 | 95,915 | 90,205 | ||
| Total expenditure | 99,211 | 6,665 | 105,876 | 93,929 | ||
| Net incomel(expenditure) | 153 | (1,084) | (931) | 15,026 | ||
| Transfers between |
funds | 18 | (447) | 447 | ||
| Net movement in |
funds | (294) | (637) | (931) | 15,028 | |
| Reconciliation of |
funds: | |||||
| Total funds brought | forward | 79,889 | 28,370 | 108,259 | 93,233 | |
| Net movement in funds |
(294) | (637) | (931) | 15,026 | ||
| Total funds carried forward | 79,595 | 27,733 | 107,328 | 108,259 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2021 6 |
2021f | 2021 6 |
2020 5 |
||
| Legacies | 968 | 968 | |||
| Government | grants | 24,429 | 24,429 | 28,629 | |
| 31,928 | 966 | 32,896 | 35,235 | ||
| Total 2020 | 35,235 | 35,235 |
| Unrestricted | Restricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||||
| 2021 6 |
2021f | 2021 6 |
2020f | ||||||
| Grant from | St Neots | Town Council | 45,000 | 45,000 | 45,000 | ||||
| Grants for specific projects | 4,613 | 4,613 | 16,845 | ||||||
| Donations | in lieu ofentrance fees | 941 | 941 | 599 | |||||
| Commission | on sale | of | photographs | and craft | |||||
| fair | 1,567 | 1,567 | 1,588 | ||||||
| Photographs | supplied | and miscellaneous | |||||||
| income | 96 | 96 | 132 | ||||||
| Income from | workshops | and events | 5,327 | 5,327 | 2,017 | ||||
| Total 2021 | 52,931 | 4,613 | 57,544 | 66,181 | |||||
| Total 2020 | 49,336 | 16,845 | 66,181 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2021 | 2021 | 2020 | |||
| K | |||||
| Shop income | 9,673 | 9,673 | 7,311 | ||
| Escape room | income | 4,648 | 4,648 | ||
| 14,321 | 14,321 | 7,311 | |||
| Total 2020 | 7,311 | 7,311 | |||
| 6. | Investment | income | |||
| Unrestdcted | Total | Total | |||
| funds | funds | funds | |||
| 2021 | 2021 | 2020 | |||
| 8 | 5 | ||||
| Interest received | 184 | 184 | 228 | ||
| Total 2020 | 228 | 228 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021 | 2021 | 2020 | ||
| 6 | ||||
| Goods for resale (adjusted | by stack) | 6,854 | 6,854 | 3,724 |
| Escape room costs | 3,107 | 3,107 | ||
| 9,961 | 9,961 | 3,724 | ||
| Total 2020 | 3,724 | 3,724 |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2021f | 2021 8 |
2021 | 2020 5 |
||||
| St Neois Museum | 89,250 | 6,665 | 95,915 | 90,205 | |||
| Total 2020 | 72,042 | 18,163 | 90,205 | ||||
| Summary | by expenditure | type | |||||
| Total | Total | ||||||
| Staff costs 2021 f |
Depreciation 2021 8 |
Other costs 2021 8 |
funds 2021 8 |
funds 2020 6 |
|||
| Si Neois Museum | 66,874 | 1,927 | 27,114 | 95,915 | 90,205 | ||
| Total 2020 | S5,891 | 1,968 | 22,346 | 90,205 |
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total | Total | |
| directly 2021f |
costs 2021f |
funds 2021 |
funds 2020f |
|
| St Nants Museum | 85,415 | 10,500 | 95,915 | 90,205 |
| Total 2020 | 78,351 | 11,844 | 90,205 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2021f | 2020f | |||||
| Staff costs | 66,874 | 65,891 | ||||
| Depreciation | 1,927 | 1,988 | ||||
| Rent | 1,040 | 1,040 | ||||
| Rates and water | 679 | 838 | ||||
| Light and heat | 3,453 | 2,280 | ||||
| Insurance | 1,822 | 1,721 | ||||
| Repairs and | maintenance | 735 | 494 | |||
| Security system | 789 | 827 | ||||
| Conservation | 96 | |||||
| Displays and | exhibitions | 2,514 | 302 | |||
| Events | 3,486 | |||||
| Legal and professional | fees | 2,000 | 2,000 | |||
| Covid expenses | 1,000 | |||||
| 85,415 | 78,361 | |||||
| Analysis of | support costs | |||||
| Total | Total | |||||
| funds | funds | |||||
| 2021f | 2020f | |||||
| Telephone | 205 | 200 | ||||
| Postage, stationery | and | photocopier | 388 | 242 | ||
| Publicity and |
advertising, | including | website costs | 6,606 | 8,339 | |
| Travelling and training costs |
6 | |||||
| Sundry expenses | 603 | 918 | ||||
| Governance | costs | 2,698 | 2,141 | |||
| 10,500 | 11,844 |
| 2021f | 2020f | |||||||
|---|---|---|---|---|---|---|---|---|
| Wages | and | salaries | 65,518 | 64,568 | ||||
| Contribution | to defined | contribution | pension | schemes | 1,356 | 1,323 | ||
| 66,874 | 85,891 | |||||||
| The average | number ofpersons | employed | by the Museum | duding the year was as follows: | ||||
| 2021 | 2020 | |||||||
| Museum | Staff | |||||||
| Museum | staff |
| Fixtures and | ||
|---|---|---|
| fittings | ||
| 5 | ||
| Cost or valuation | ||
| At 1 January 2021 | 93,255 | |
| Additions | 447 | |
| At 31 December 2021 | 93,702 | |
| Depreciation | ||
| At 1 January 2021 | 88,699 | |
| Charge for the year | 1,927 | |
| At 31 December 2021 | 90,626 | |
| Net book value | ||
| At 31 December 2021 | 3,076 | |
| At 31December 2020 | 4,555 | |
| 14. | Heritage assets | |
| Assets recognised at cost |
| Kimbolton | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Hoard | |||||||||
| 2021 | |||||||||
| 6 | |||||||||
| Carrying | value | at | 1 | January | and | 31 | December | 2020 | 22,747 |
| 22,747 |
| 2021 | 2020f | ||||||
|---|---|---|---|---|---|---|---|
| Finished | goods | and | goods | for | resale | 8,283 | 8,385 |
| 2021 | 2020 | ||
|---|---|---|---|
| 5 | |||
| Due within one year | |||
| Other debtors | 3,495 | 1,135 | |
| Prepayments | and accrued income | 1,852 | 3,258 |
| 5,347 | 4,394 |
| 2021 | 2020 | ||
|---|---|---|---|
| 5 | |||
| Trade creditors | 131 | 120 | |
| Accruals and deferred | income | 8,535 | 8,285 |
| 8,666 | 8,405 |
| Statement offun | ds | - current | year | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | 31 | ||||||
| January | Transfers | December | |||||
| 2021 6 |
Income 5 |
Expenditure 6 |
in/out f |
2021 6 |
|||
| Unrestricted funds |
|||||||
| General Funds | 79,889 | 99,364 | (99,211) | (447) | 79,595 | ||
| Restricted funds | |||||||
| Property Conversion |
and | ||||||
| Equipment Fund |
4,556 | (1,927) | 447 | 3,076 | |||
| Heritage Assets (primarily | |||||||
| Kimbolton Hoard) |
22,747 | 22,747 | |||||
| St Neots Town Council | 2,560 | (2,560) | |||||
| Norfolk County Council | 50 | (50) | |||||
| Rotary Project | 117 | 117 | |||||
| Rotary Christmas | Project | 100 | (100) | ||||
| Goodliff | 800 | (176) | 624 | ||||
| Huntingdonshire | District | ||||||
| Council | 1,353 | (1,353) | |||||
| Rotary Travelling | Exhibition | 700 | (499) | 201 | |||
| Mrs A Wills Legacy | 968 | 968 | |||||
| 28,370 | 5,581 | (6,665) | 447 | 27,733 | |||
| Total offunds | 108,259 | 104,945 | (105,876) | 107,328 |
| Statement offun | ds | - prior y | ear | ||||
|---|---|---|---|---|---|---|---|
| Ba/ance at | |||||||
| Balance at | 31 | ||||||
| 1January | Transfers | December | |||||
| 2020 | income f |
Expenditure f |
inloutf | 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 | |||
| Hedtage Assets (primadly | |||||||
| 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 | |||
| Gamba 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 |
| Summary | offunds - current ye | ar | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | 31 | |||||
| January 2021f |
Income f |
Expenditure f |
Transfers in/outf |
December 2021f |
||
| General funds | 79,889 | 99,364 | (99,211) | (447) | 79,595 | |
| Restricted | funds | 28,370 | 5,581 | (6,665) | 447 | 27,733 |
| 108,259 | 104,945 | (105,876) | 107,328 | |||
| Summary | offunds - prior year | |||||
| Balance at | ||||||
| Balance at | 31 | |||||
| 1January 2020f |
Income f |
Expenditure f |
Transfers inlout f |
December 2020f |
||
| General funds | 63,685 | 92,110 | (75,765) | (141) | 79,889 | |
| Restricted | funds | 29,547 | 'l6,845 | (18,153) | 141 | 28,370 |
| 93,233 | 108,955 | (93,929) | 108,259 |
| Analysis | ofnet assets between funds -curr |
ent year | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| 2021 | 2021f | 2021f | ||
| Tangible | fixed assets | 3,076 | 3,076 | |
| Heritage | assets | 22,747 | 22,747 | |
| Current | assets | 88,261 | 1,910 | 90,171 |
| Creditors | due within one year | (8,666) | (8,666) | |
| Total | 79,595 | 27,733 | 107,328 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2020 2 |
2020 6 |
2020f | ||
| 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 | '/08, 259 |