| REFERENCE AND | REFERENCE AND | ADMINISTRATIVE | ADMINISTRATIVE | DETAILS OF THE MUSEUM, ITSTRUSTEES AND ADVISERS | DETAILS OF THE MUSEUM, ITSTRUSTEES AND ADVISERS | DETAILS OF THE MUSEUM, ITSTRUSTEES AND ADVISERS |
|---|---|---|---|---|---|---|
| FOR THE | YEAR | ENDED 31 DECEMBER 2022 | ||||
| Trustees | L Borgia (resigned | 4 | May 2022) | |||
| RJ Brittain, | Finance | Officer | ||||
| M D Carter | ||||||
| E BElam | ||||||
| M Fletcher, | Chairman | |||||
| PJ Ibbett, | Chairman | (resigned 22 February 2023) | ||||
| CJJones | (appointed | 13May 2022) | ||||
| D I Rudd (resigned |
15 February 2023) | |||||
| J K Sinfield | ||||||
| C Slade (appointed | 13 May 2022) | |||||
| C C Thompson | ||||||
| GJWatts | ||||||
| Company | registered | |||||
| number | 02290819 | |||||
| Charity registered | ||||||
| number | 800074 | |||||
| Registered | office | 8 New Street | ||||
| StNeots | ||||||
| Gamba | ||||||
| PE19 1AE | ||||||
| Company | secretary | J K Sinfield | ||||
| Accountants | Streets Chartered | Accountants | ||||
| Potton House | ||||||
| Wyboston | Lakes | |||||
| Great North Road | ||||||
| Wyboston | ||||||
| Beds | ||||||
| MK44 3BZ | ||||||
| Bankers | Barclays Bank | Pic | ||||
| 41 High Street | ||||||
| St Neots | ||||||
| Cambs | ||||||
| PE191AS | ||||||
| Santander | ||||||
| Bridle Road | ||||||
| Bootle | ||||||
| Merseyside | ||||||
| L304GB | ||||||
| Natwest Bank |
Pic | |||||
| 37 High St | ||||||
| StNeots | ||||||
| Cambs | ||||||
| PE191BP |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| Note | F. | 8 | F | |||
| Income from: | ||||||
| Donations and legacies |
13,464 | 13,464 | 32,896 | |||
| Chaditable activities |
61,291 | 300 | 61,591 | 57,544 | ||
| Other trading activities |
15,676 | 15,676 | 14,321 | |||
| Investments | 283 | 283 | 184 | |||
| Total income | 90,714 | 300 | 91,014 | 104,945 | ||
| Expenditure on: |
||||||
| Raising funds | 7 | 8,578 | 8,578 | 9,961 | ||
| Charitable activities |
8 | 94,603 | 1,362 | 95,965 | 95,9'15 | |
| Total expenditure | 103,181 | 1,362 | 104,543 | 105,875 | ||
| Net expenditure | (12,467) | (1,062) | (13,529) | (931) | ||
| Transfers between |
funds | 18 | (1,434) | 1,434 | ||
| Net movement in |
funds | (13,901) | 372 | (13,529) | (931) | |
| Reconciliation of |
funds: | |||||
| Total funds brought | forward | 79,595 | 27,733 | 107,328 | 108,259 | |
| Net movement in funds |
(13,901) | 372 | (13,529) | (931) | ||
| Total funds carried forward | 65,694 | 28,105 | 93,799 | 107,328 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Note | 6 | |||||
| Fixed assets | ||||||
| Tangible assets | 13 | 3,766 | 3,075 | |||
| Heritage assets | 14 | 22,747 | 22,747 | |||
| 26,513 | 25,823 | |||||
| Current assets | ||||||
| Stocks | 15 | 8,718 | 8,283 | |||
| Debtors | 16 | 3,692 | 5,347 | |||
| Cash at bank and | in hand | 63,792 | 76,541 | |||
| 76,202 | 90,171 | |||||
| Creditors: amounts | falling due within one | |||||
| year | 17 | (8,916) | (8,SSS) | |||
| Net current assets | 67,286 | 81,505 | ||||
| Total net assets | 93,799 | 107,328 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Note | 6 | 5 | ||
| Charity funds | ||||
| Restricted funds | 18 | 28,105 | 27,733 | |
| Unrestricted | funds | 18 | 65,694 | 79,595 |
| Total funds | 93,799 | 107,328 |
| Unrestricted | Restricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2022 6 |
2022 | 2022 6 |
2021f | |||||
| Donations | ||||||||
| Donations - General | 3,358 | 3,358 | 3,354 | |||||
| Donations - Fdiends ofSt Neots Museum | 4,928 | 4,928 | 3,450 | |||||
| Use of Old Court Room | 1,178 | 1,178 | 695 | |||||
| 9,464 | 9,464 | 7,499 | ||||||
| Legacies Government |
grants | 4,000 | 4,000 | 968 24,429 |
||||
| 13,464 | 13,464 | 32,896 | ||||||
| Total 2021 | 31,928 | 9S8 | 32,896 | |||||
| Income from charitable | activities | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| 2022 6 |
2022 6 |
2022f | 2021f | |||||
| Grant from St Neots Town Council | 45,000 | 45,000 | 45,000 | |||||
| Grants for specific projects | 3,505 | 300 | 3,805 | 4,613 | ||||
| Donations in lieu ofentrance fees |
1,981 | 1,981 | 941 | |||||
| Commission fair |
on sale ofphotographs | and craft | 2,155 | 2,155 | 1,567 | |||
| Photographs income |
supplied | and miscellaneous | 199 | 199 | 96 | |||
| Income from workshops | and events | 8,451 | 8,451 | 5,327 | ||||
| Total 2022 | 61,291 | 300 | 61,591 | 57,544 | ||||
| Total 2021 | 52,931 | 4,613 | 57,544 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022f | 2022 6 |
2021f | |
| Shop income | 12,668 | 12,668 | 9,673 |
| Escape room income | 3,008 | 3,008 | 4,648 |
| 15,676 | 15,676 | 14,321 | |
| Total 2021 | 14,321 | 14,321 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022 6 |
2022f | 2021 | |
| Interest received | 283 | 283 | 184 |
| Total 2021 | 184 | 184 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| 6 | F | |||
| Goods for resale (adjusted | by stock) | 6,738 | 8,738 | 6,654 |
| Escape room costs | 1,840 | 1,840 | 3,'l07 | |
| 6,578 | 8,678 | 9,961 | ||
| Ttl2021 | 9,961 | 9,961 |
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| funds | funds | Total | Total | |
| 2022 | 2022 | 2022 | 2021 | |
| 8 | 8 | 8 | ||
| St Neots Museum | 94,603 | 1,362 | 95,965 | 95,915 |
| Total 2021 | 89,250 | 6,665 | 95,915 |
| Staff costs | Depreciation | Other costs | Total | Total | |
|---|---|---|---|---|---|
| 2022 8 |
2022 8 |
2022 6 |
2022f | 2021 | |
| St Neots Museum | 62,560 | 1,044 | 32,361 | 95,965 | 95,915 |
| Total 2021 | 66,874 | 1,927 | 27,114 | 95,915 |
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total | Total | |
| directly | costs | funds | funds | |
| 2022 | 2022 | 2022 | 2021 | |
| 6 | 6 | |||
| St Neots Museum | 85,218 | 10,747 | 95,965 | 95,915 |
| Total 2021 | 85,415 | 10,500 | 95,915 |
| Analysis ofdirect costs | Analysis ofdirect costs | ||
|---|---|---|---|
| Total | Total | ||
| funds | funds | ||
| 2022f | 2021f | ||
| Staff costs | 62,560 | 66,874 | |
| Depreciation | 1,044 | 1,927 | |
| Rent | 1,040 | 1,040 | |
| Rates and water | 1,177 | S79 | |
| Light and heat | 3,649 | 3,453 | |
| Insurance | 1,996 | 'l,822 | |
| Repairs and maintenance | 1,058 | 735 | |
| Security system | 1,028 | 789 | |
| Conservation | 578 | 96 | |
| Displays and exhibitions | 1,918 | 2,514 | |
| Events | 2,975 | 3,485 | |
| Legal and professional | fees | 6,195 | 2,000 |
| 85,218 | 85,415 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2022 | 2021 | |||||
| Telephone | 297 | 205 | ||||
| Postage, stationery | and | photocopier | 418 | 388 | ||
| Publicity and | advertising, | including | website costs | 7,359 | 6,606 | |
| Sundry expenses | 625 | 603 | ||||
| Governance | costs | 2,048 | 2,698 | |||
| 10,747 | 10,500 |
| 2022f | 2021f | |||||||
|---|---|---|---|---|---|---|---|---|
| Wages | and | salaries | 60,958 | 65,518 | ||||
| Contribution | to defined | contribution | pension | schemes | 1,602 | 1,356 | ||
| 62,560 | 66,874 | |||||||
| The average | number | ofpersons employed | by the Museum | during the year was as follows: | ||||
| 2022 | 2021 | |||||||
| Museum | Staff | |||||||
| Museum | staff |
| Fixtures and | |
|---|---|
| Sittingsf | |
| Cost or valuation | |
| At 1 January 2022 | 93,703 |
| Additions | 1,734 |
| At 31 December 2022 | 95,437 |
| Depreciation | |
| At 1 January 2022 | 90,627 |
| Charge for the year | 1,044 |
| At 31 December 2022 | 91,671 |
| Net book value | |
| At 31 December 2022 | 3,766 |
| At 31December 2021 | 3,075 |
| Kimbolton | |||||||
|---|---|---|---|---|---|---|---|
| Hoard | |||||||
| 2022 | |||||||
| 5 | |||||||
| Carrying | value | at 1 January | and 31 December 2022 | 22,747 | |||
| 22,747 | |||||||
| 15. | Stocks | ||||||
| 2022f | 2021 | ||||||
| Finished | goods and goods for resale | 8,'718 | 8,283 | ||||
| 16. | Debtors | ||||||
| 2022 | 2021f | ||||||
| Due within one year | |||||||
| Trade debtors | 50 | ||||||
| Other debtors | 1,847 | 3,495 | |||||
| Prepayments | and accrued | income | 1,795 | 1,852 | |||
| 3,692 | 5,347 | ||||||
| 17. | Creditors: Amounts | falling due within one year | |||||
| 2022 | 2021 | ||||||
| 5 | |||||||
| Trade creditors | 131 | ||||||
| Accruals | and | defened | income | 8,916 | 8,535 | ||
| 8,916 | 8,588 |
| Statement offunds | - curren | t year | |||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | 31 | ||||||
| January | Transfers | December | |||||
| 2022f | Income 6 |
Expenditure | f | in/outf | 2022f | ||
| Unrestricted funds |
|||||||
| General Funds |
79,595 | 90,714 | (103,181) | (1,434) | 65,694 | ||
| Restricted funds | |||||||
| Property Conversion |
and | ||||||
| Equipment Fund |
3,076 | (1,044) | 1,734 | 3,766 | |||
| Heritage Assets (primarily | |||||||
| Kimbolton Hoard) |
22,747 | 22,747 | |||||
| Rotary Project | 117 | (117) | |||||
| Gamba County Council | 300 | (300) | |||||
| Goodliff | 624 | 624 | |||||
| Mrs A Wills Legacy | 968 | 968 | |||||
| Rotary Club ofSt Neots | 201 | (201) | |||||
| 27,733 | 300 | (1,362) | 1,434 | 28,105 | |||
| Total offunds | 107,328 | 91,014 | (104,543) | 93,799 |
| Statement offunds | Statement offunds | (continued) | |||||
|---|---|---|---|---|---|---|---|
| Statement offunds |
- prior year | ||||||
| Balance at | |||||||
| Balance at | 31 | ||||||
| 1January | Transfers | December | |||||
| 2021 | Income f |
Expenditure f |
in/outf | 2021f | |||
| 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 | 1'I7 | 117 | |||||
| Rotary Christmas | Project | 100 | (100) | ||||
| Goodliff | 800 | (176) | 624 | ||||
| Huntingdonshire | District | ||||||
| Council | 1,353 | (1,353) | |||||
| Rotarty 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 |
| Ba/ance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | 31 | |||||
| 1January | Transfers | December | ||||
| 2021 5 |
income f |
Expenditure 5 |
in/cut | 2021 | ||
| 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 |
| Analysis | ofnet assets between funds - cur |
rent year | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| 2022 | 2022 | 2022 | ||
| 6 | K | |||
| Tangible | fixed assets | 3,766 | 3,766 | |
| Heritage | assets | 22,747 | 22,747 | |
| Current | assets | 74,610 | 1,592 | 76,202 |
| Creditors | due within one year | (8,916) | (8,916) | |
| Total | 65,694 | 28,105 | 93,799 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021f | 2021f | 2021 5 |
||
| 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 | (8,656) | (8,666) | |
| Ttl | 79,595 | 27,733 | 107,328 |