REGISTERED COMPANY NUMBER: 02269894 (England and Wales) REGISTERED CHARITY NUMBER: 800297
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
FOR
BATH INDUSTRIAL HERITAGE TRUST LIMITED
Berkeley Hall Marshall Limited 6 Charlotte Street Bath BA1 2NE
BATH INDUSTRIAL HERITAGE TRUST LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | to | 8 |
| Notes to the Financial Statements | 9 | to | 14 |
| Detailed Statement of Financial Activities | 15 | to | 16 |
BATH INDUSTRIAL HERITAGE TRUST LIMITED (REGISTERED NUMBER: 02269894)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the company are to advance the education of the public of Bath's industrial heritage through the maintenance of The Museum of Bath at Work; and to extend, enhance, conserve, maintain and store the collections of the Museum.
Financial review
The last Trustees' Report covered a 14 month period 1 February 2020 to 31 March 2021, following a change to the Accounting Reference Date agreed 21 May 2021.
The present report covers the 12 months 1 April 2021 to 31 March 2022.
Total incoming resources for the year decreased from £110,461 (14 months) to £102,931 (12 months). This included donations over the year of £54,964 (£28,168 - 14 months 2020/21). Resources expended have decreased from £86,300 to £69,009. Overall the funds of the charity increased from £73,233 to £107,155.
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BATH INDUSTRIAL HERITAGE TRUST LIMITED (REGISTERED NUMBER: 02269894)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
OBJECTIVES AND ACTIVITIES
Public benefit
At the beginning of the period considered in this report, the company continued to be affected by the series of national lockdowns due to the Covid-19 pandemic. In a normal year the Museum would be open seven days a week from 1 April, but it was required by law to remain closed to the public 5 January-16 May 2021 (Covid-19 third lockdown). In April 2021 we received a Government 'Re-Start' grant. The Museum re-opened to the public on 17 May 2021 with appropriate health and safety controls in place, such as requiring visitors to wear face-coverings and maintain physical distance from other visitors. These controls continued throughout 2021, with a gradual shift towards voluntary rather than mandatory behaviours, and all controls were lifted in early 2022. However it was observed that many visitors preferred to maintain safe behaviours (face-coverings, physical distancing) after this date, and similarly the Museum's volunteers were supported to work safely. In November and December 2021 there was a sharp rise in Covid-19 infections nationally, due to the Omicron variant of the virus. This adversely affected the hospitality and leisure sectors in the run-up to Christmas and as a consequence the Government provided a further un-restricted grant in February 2022 in recognition of the financial pressures experienced.
During 2021, most of the community groups which regularly hire the Museum for meetings returned to normal operation, and we re-started 'in person' events such as film showings. More use was made of opportunities to provide outdoor events, such as guided walks, and in August 2021 we put on a Fete with the neighbouring church, Christ Church. This raised £800 for the Friends of the Museum of Bath at Work and was well attended, raising our profile in the local community. We also launched the 'Adopt a Bottle' fundraiser, to encourage individual donations; donors can dedicate a Bowlers bottle to a loved one, and the bottle is displayed with their dedication label.
Throughout 2021/22 we had on display a spectacular working model railway, donated by the production company behind the 'Macdonald & Dodds' drama series which was filmed in Bath. This proved a popular attraction and the lively detail of the model was greatly enjoyed by people of all ages. The railway has now gone to Liverpool, and we are grateful for a substantial donation to the Museum made by the new owner.
In the Hudson Gallery we showed a community project and exhibition about Hedgemead Park. This explored the development of this steeply-sloped area for housing in the late 19th century, followed by a series of disastrous land-slips that destroyed most of the houses and led to the landscaping of the terraced park. The exhibition was accompanied by guided walks which were very well attended. We also displayed again the Bath Arts Workshop exhibition first seen in 2019, coinciding with the publication of a book about its history. In November and December the Bath Independent Market organisers hired the main space for two Christmas markets, and they plan to use the outside area in summer 2022.
Over the quieter period November-March, the Hudson Gallery was re-furbished with new track lighting and, thanks to a generous grant from The Foyle Foundation, we installed wifi networking throughout the building and a new projector, screen and sound system. This has made a huge difference to the visitor experience and day-to-day administration.
Plans for future exhibitions included All Day Long: Bath at Work in 2022, an exhibition of photograph portraits of workers in Bath, with short interviews about how their job was affected by the Covid-19 lockdowns over the past two years. We also began research for an exhibition in 2023, to show a selection of the 1890s/1900s photograph portraits from the T.C. Leaman Studio. This exhibition will particularly focus on local trades and businesses to do with dress and accessories, such as milliners, corset-makers, hair-dressers, furriers, tailors and dress-makers, as well as researching some of the individuals in the photographs to present a picture of their working lives.
Financially the business was severely impacted by the periods of closure in 2020 and 2021 when we received no income at all. During 2021 we had some success in achieving grants from trusts and foundations and these, together with the Government grants, are listed below. In late 201 we were delighted to receive the unexpected offer of a grant from The Stephen Clark Charitable Settlement 1965, confirmed by the Trustees of the Settlement for a period of five years in memory of the late Dr Marianna Clark, one of the three founders of the Museum. Marianna passed away at a great age in 2020, and we were pleased to enable the family to host a memorial gathering at the Museum in 2021.
We are sincerely grateful to Bath & North East Somerset Council's Heritage Services for their ongoing support subsidising 50% of our rent, and the encouragement and support of senior officers. Stephen Bird MBE, Head of Heritage Services, retired in 2021 and we welcomed his successor Robert Campbell on a visit to the Museum in March 2022.
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BATH INDUSTRIAL HERITAGE TRUST LIMITED (REGISTERED NUMBER: 02269894)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
OBJECTIVES AND ACTIVITIES
Grants received 2021/22: Government grants
| April 2021 | Re-Start Grant Covid-19 | £12,000 |
|---|---|---|
| 1 April-16 May 2021 | ||
| February 2022 | Omicron Grant (Hospitality & Leisure) Covid-19 | £4,000 |
| Restricted grants (for expenditure on specific projects) | ||
| July 2021 | Bath & NE Somerset Council Heritage Services | £1,000 |
| August 2021 | Bristol City Council for SW Museum Development | £2,800 |
| December 2021 | Foyle Foundation | £5,000 |
| Unrestricted grants (trusts and foundations) | ||
| May 2021 | Swire Charitable Trust | £10,000 |
| June 2021 | Headley Trust | £5,000 |
| July 2021 | Medlock Charitable Trust | £5,000 |
| November 2021 | Garfield Weston Foundation | £5,000 |
| February 2022 | The Stephen Clark Charitable Settlement 1965 | £10,000 |
The Board maintains a Risk Register which is reviewed at every Board meeting, and the top-most risk to be managed is stability of income. We are determined to generate increased income from all sources, including: increased visitor numbers, increased shop sales, individual giving, and grants. Ticket prices have been increased from 1 April 2022, and so the year ahead should see a steady rise in income. In 2021 we started to see visitor numbers and income on a comparable level to 2019, the last relevant comparator year because of the Covid-19 impacts. However, overseas visitors are slower to return.
Achievements and performance
As noted above, visitor numbers in 2021/22 were very slow to establish but, by autumn 2021, monthly numbers were comparable to 2019.
| Visitor numbers: | 2021/22 | 2020/21 | 2019/20 |
|---|---|---|---|
| Adult full-price ticket | 2,342 | 2,069 | 4,501 |
| Concession ticket | 519 | 158 | 352 |
| Family ticket | included above | 253 | 389 |
| Residents Discovery Card ticket (£1 off) | 301 | 256 | 439 |
| Events attendance, inc. film screenings | 688 | 0 | 517 |
| School children and young people | 98 | 0 | 400 |
| Other activities and attendance | 38 | 0 | 443 |
| Total | 3,986 | 2,736 | 7,041 |
Governance
The Friends of Museum of Bath at Work continue to play a crucial role in fundraising and volunteering, together with numerous other volunteers who run the front desk, assist with maintenance of machinery and other exhibits, and undertake research and cataloguing. The Friends of Museum of Bath at Work committee is now a sub-committee of the Board.
Board members contribute very significant time and expertise, especially on fundraising. In September 2021 one Trustee/Director was appointed; there were no resignations.
The Board reviewed and approved all company Policies in January 2022, as part of the preparation for Museum Accreditation in 2022/23.
The Board sincerely thanks the Museum Director, Stuart Burroughs, for his unparalleled commitment to the Museum and its collection, particularly throughout the past three years of exceptional operational demands.
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BATH INDUSTRIAL HERITAGE TRUST LIMITED (REGISTERED NUMBER: 02269894)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
02269894 (England and Wales)
Registered Charity number
800297
Registered office
Museum of Bath at Work Julian Road Bath BA1 2RH
Trustees
E H Cross Dr S L Frears (appointed 27.9.21) J L Hall P J Metcalfe Dr T J Turpin G J O Wallis Professor A B Sumner E Lane Ms A Cullis Professor J B Hannam
Company Secretary
Ms A Cullis
Independent Examiner
Matt Small FCA Berkeley Hall Marshall Limited 6 Charlotte Street Bath BA1 2NE
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.................................................................... Dr T J Turpin - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BATH INDUSTRIAL HERITAGE TRUST LIMITED (REGISTERED NUMBER: 02269894)
Independent examiner's report to the trustees of Bath Industrial Heritage Trust Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Matt Small FCA Berkeley Hall Marshall Limited 6 Charlotte Street Bath BA1 2NE
Date: .............................................
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BATH INDUSTRIAL HERITAGE TRUST LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 45,944 Charitable activities Charitable activity 21,181 Other trading activities 2 2,234 Investment income 3 2 Other income 24,550 Total 93,911 EXPENDITURE ON Raising funds 23,676 Charitable activities Charitable activity 34,873 Other 618 Total 59,167 NET INCOME/(EXPENDITURE) 34,744 RECONCILIATION OF FUNDS Total funds brought forward 53,854 TOTAL FUNDS CARRIED FORWARD 88,598 |
Year Ended 31.3.22 Restricted Total funds funds £ £ 9,020 54,964 - 21,181 - 2,234 - 2 - 24,550 9,020 102,931 5,000 28,676 3,800 38,673 1,262 1,880 10,062 69,229 (1,042) 33,702 19,599 73,453 18,557 107,155 |
Period 1.2.20 to 31.3.21 Total funds £ 28,168 7,598 769 145 73,781 |
|---|---|---|
| 110,461 38,509 42,128 5,663 |
||
| 86,300 | ||
| 24,161 49,292 |
||
| 73,453 |
The notes form part of these financial statements
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BATH INDUSTRIAL HERITAGE TRUST LIMITED (REGISTERED NUMBER: 02269894)
BALANCE SHEET 31 MARCH 2022
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 8 - CURRENT ASSETS Stocks 9 1,204 Debtors 10 1,516 Cash at bank 87,638 90,358 CREDITORS Amounts falling due within one year 11 (1,760) NET CURRENT ASSETS 88,598 TOTAL ASSETS LESS CURRENT LIABILITIES 88,598 NET ASSETS 88,598 FUNDS 12 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ 7,151 - - 11,406 11,406 - 11,406 18,557 18,557 |
2022 Total funds £ 7,151 1,204 1,516 99,044 101,764 (1,760) 100,004 107,155 107,155 88,598 18,557 107,155 |
2021 Total funds £ 8,586 1,204 - 65,430 66,634 (1,767) 64,867 73,453 73,453 53,854 19,599 73,453 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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BATH INDUSTRIAL HERITAGE TRUST LIMITED (REGISTERED NUMBER: 02269894)
BALANCE SHEET - continued 31 MARCH 2022
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. T J Turpin - Trustee
The notes form part of these financial statements
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BATH INDUSTRIAL HERITAGE TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on cost Plant and machinery - 15% on reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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BATH INDUSTRIAL HERITAGE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
2. OTHER TRADING ACTIVITIES
| 2. | OTHER TRADING ACTIVITIES | ||
|---|---|---|---|
| Period | |||
| 1.2.20 | |||
| Year Ended | to | ||
| 31.3.22 | 31.3.21 | ||
| £ | £ | ||
| Shop income | 2,234 | 769 | |
| 3. | INVESTMENT INCOME | ||
| Period | |||
| 1.2.20 | |||
| Year Ended | to | ||
| 31.3.22 | 31.3.21 | ||
| £ | £ | ||
| Deposit account interest | 2 | 145 | |
| 4. | NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | |||
| Period | |||
| 1.2.20 | |||
| Year Ended | to | ||
| 31.3.22 | 31.3.21 | ||
| £ | £ | ||
| Depreciation - owned assets | 1,435 | 5,168 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the period ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the period ended 31 March 2021.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Period | ||
|---|---|---|
| 1.2.20 | ||
| Year Ended | to | |
| 31.3.22 | 31.3.21 | |
| Curator | 1 | 1 |
No employees received emoluments in excess of £60,000.
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BATH INDUSTRIAL HERITAGE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
| 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 27,828 Charitable activities Charitable activity 7,598 Other trading activities 769 Investment income 145 Other income 45,781 Total 82,121 EXPENDITURE ON Raising funds 15,444 Charitable activities Charitable activity 37,193 Other 3,924 Total 56,561 NET INCOME/(EXPENDITURE) 25,560 RECONCILIATION OF FUNDS Total funds brought forward 28,294 TOTAL FUNDS CARRIED FORWARD 53,854 |
Restricted funds £ 340 - - - 28,000 28,340 23,065 4,935 1,739 29,739 (1,399) 20,998 19,599 |
Total funds £ 28,168 7,598 769 145 73,781 |
|---|---|---|
| 110,461 38,509 42,128 5,663 |
||
| 86,300 | ||
| 24,161 49,292 |
||
| 73,453 |
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BATH INDUSTRIAL HERITAGE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
8. TANGIBLE FIXED ASSETS
| 8. TANGIBLE FIXED ASSETS |
||
|---|---|---|
| Short Plant and leasehold machinery Totals £ £ £ COST At 1 April 2021 and 31 March 2022 29,145 25,716 54,861 DEPRECIATION At 1 April 2021 29,108 17,167 46,275 Charge for year 37 1,398 1,435 At 31 March 2022 29,145 18,565 47,710 NET BOOK VALUE At 31 March 2022 - 7,151 7,151 At 31 March 2021 37 8,549 8,586 9. STOCKS 2022 2021 £ £ Stocks 1,204 1,204 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 £ £ Prepayments 1,516 - 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 £ £ Creditors 1,761 1,767 Social security and other taxes (1) - 1,760 1,767 12. MOVEMENT IN FUNDS Net movement At At 1.4.21 in funds 31.3.22 £ £ £ Unrestricted funds General fund 53,854 34,744 88,598 Restricted funds Restricted 19,599 (1,042) 18,557 TOTAL FUNDS 73,453 33,702 107,155 |
Totals £ 54,861 |
|
| 46,275 1,435 |
||
| 47,710 | ||
| 7,151 | ||
| 8,586 | ||
| 2021 £ 1,204 |
||
| 2021 £ - |
||
| 2021 £ 1,767 - |
||
| 1,767 |
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BATH INDUSTRIAL HERITAGE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
12. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 93,911 Restricted funds Restricted 9,020 TOTAL FUNDS 102,931 Comparatives for movement in funds At 1.2.20 £ Unrestricted funds General fund 28,294 Restricted funds Restricted 20,998 TOTAL FUNDS 49,292 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 82,121 Restricted funds Restricted 28,340 TOTAL FUNDS 110,461 |
Resources Movement expended in funds £ £ (59,167) 34,744 (10,062) (1,042) (69,229) 33,702 Net movement At in funds 31.3.21 £ £ 25,560 53,854 (1,399) 19,599 24,161 73,453 Resources Movement expended in funds £ £ (56,561) 25,560 (29,739) (1,399) (86,300) 24,161 |
|---|---|
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BATH INDUSTRIAL HERITAGE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
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BATH INDUSTRIAL HERITAGE TRUST LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022 |
||
|---|---|---|
| Period | ||
| 1.2.20 | ||
| Year Ended | to | |
| 31.3.22 | 31.3.21 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 52,655 | 23,651 |
| Gift aid | 2,309 | 4,517 |
| 54,964 | 28,168 | |
| Other trading activities | ||
| Shop income | 2,234 | 769 |
| Investment income | ||
| Deposit account interest | 2 | 145 |
| Charitable activities | ||
| Museum admissions | 21,181 | 7,598 |
| Other income | ||
| Room hire | 6,510 | 6,638 |
| Grant income | 16,000 | 67,143 |
| Other Revenue | 2,040 | - |
| 24,550 | 73,781 | |
| Total incoming resources | 102,931 | 110,461 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Wages | 13,890 | 16,334 |
| Pensions | 435 | 1,017 |
| Telephone | 1,425 | 1,701 |
| Postage and stationery | 691 | - |
| IT,internet and website | 11,008 | 204 |
| Consulting | - | 18,130 |
| Bank charges | 1,084 | 723 |
| 28,533 | 38,109 | |
| Other trading activities | ||
| Purchases | 143 | 400 |
| Charitable activities | ||
| Wages | 13,890 | 16,334 |
| Pensions | 435 | - |
| Rates and water | 559 | 619 |
| Carried forward | 14,884 | 16,953 |
This page does not form part of the statutory financial statements
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BATH INDUSTRIAL HERITAGE TRUST LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022 |
||
|---|---|---|
| Period | ||
| 1.2.20 | ||
| Year Ended | to | |
| 31.3.22 | 31.3.21 | |
| £ | £ | |
| Charitable activities | ||
| Brought forward | 14,884 | 16,953 |
| Insurance | 2,978 | 2,950 |
| Light and heat | 3,759 | 7,331 |
| Postage and stationery | 691 | 365 |
| Advertising | 1,498 | - |
| Sundries | 1,089 | 1,084 |
| Travel | 29 | 11 |
| Rent | 4,280 | 5,350 |
| Repairs and renewals | 6,179 | 7,161 |
| Education collections subs | 439 | 307 |
| Misc. expenses (volunteers) | 730 | 486 |
| Exhibitions and events | 2,117 | 130 |
| 38,673 | 42,128 | |
| Other | ||
| Independent examination fee | 445 | 495 |
| Depreciation of tangible fixed assets | 1,435 | 5,168 |
| 1,880 | 5,663 | |
| Total resources expended | 69,229 | 86,300 |
| Net income | 33,702 | 24,161 |
This page does not form part of the statutory financial statements
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