THE SIEGE MUEUM LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 The Board of Twstees presents its report and unaudited financial statements for the year ended 31 December 2021 which are also prepared to meet the requirements for a Directors, Report and accounts for Companies Act purposes. The trustees have adopted the provisions of the Companies Act 2006 and Accounting and Reporting by Charilies". Staternent of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applioble in the UK and Republic of Ireknd IFRS 1021 {effective 1 January 2015)- (Charitses SORP (FRS 10211. in preparin9 the annual report and finanoal statements of the chanty. Reference and Admlnlslratlon Infomiation Charity Name.. The Siege Museum Limited Charity Reference Number. NIC 104796 Company Regislratb)n Number.. N1045100 Registered Office". The Siege Museum 13 S¢xiety Street Londonderry Co Londonderry BT48 6PJ Trustees Mr William Hay Mr William S Moore Mr James Brownlee Mr Ronald Mccausland Mr Worthington McGrath Mr Ivan Taylor Mr WillM Thompson Mr Richard Wray Mr George Luney Mr VOr Wray Mr Michael Speers Mr James Speers Mr Noel Moore Mr Raymond Cheslnutt (passed away 28 January 2021) (appointed 7 April 20211 Secretary Mr Worthington McGrath Accountants Mccartney & Co Chartered Accountants & Registered ALKlito Grove House 27 Hawkin Street Londonderry BT48 6RE Banker8 Danske Bank Business Banking Donegal Square West Beffast 8T16JS
ThE SIEGE MUSEUM LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 (CONTINUED) Our ObJ•ctlves and Acllvltles Pur oses and aims Our charity's purposes are as set out in the obj'ects dause contsined in the companls Memorandum of Association.. To restore and promote the pemanent preservation, for the benefit of the publiG generally and especially the inhabitants of the city of Londondery of a Memorial at the Royal Bastion, City Walls, Londonderry to the Late Reverend George Waer, joint Govemor of the cty of Londondery during the siege of 1689 and lo establish and maintain for the edu¢ation and benefit of the publ generally and especially the inhabitants of the city of Londondery museums. interprets've or heritsge ntre$ within the City Wa115 of Lontjonderry lo depict by display and Chronicles. the attainments of the Scottish. English and French Protestant settlers and des¢endanls in the Crty and County of Londonderry with a permanent feature on the events of 1688 - 1689 incorporating the Reverend Oo¢tor George Walkerf5 influence on the besieged and his subsequent national acclaim The focus of our work Our main obiectNe for the year lo provide tours and exhibitions for the benefit of the public relating lo the Glorious Revoluts'on of 1688, with history and herrtage around the walls of Londonderry through the siege heroes trail and other events wrthin the ety How our charlty a¢tivitigs deliver publlc benefft Who use and benefit from our services? Our objects and funding fo¢us on the promobon, education and preserVatn of the historical events surrounding the Great Siege of 1689 and the benefit extends lo the general public within Northem Ireland and Ireland, international visitors. educational bodies and Cross community initiatives. A Core element of the project will be the development of new teaching rnatenals on the history of the Great Siege, for primary and secondary schools, which will link in with both the Northem Ireland and Iieland educats.onal syllabuses. In setting our objectives and planning our ath"vrties for the year the Iruslees have given careful consideration to the Charity Commission for Northem Ireland's guidance on public benefft lo ensure that the activities have helped to achieve the charity's purFoses and provide a benefrt to the benefiuaries. Our aims, objects'ves and activities are reviewed, monitored and assessed through our ongoing programme of regular committee meetings. The Committee is made up of individuals within the statLrtory, business. voluntary and community sectors. Activit achievements and ertomiance Following the enfortrd CbsU due to Covid 19 The Siege Museum reopened on the 24 May. with a sense of purpose and promise. Unfortunately, the last week of May and the month of June were excepl¢onally quiet, wlh few group visits and even fewer walk-in visitors lo the museum. Atthough open, we were faced with the challenge of attracting groups and individuals. Concem existed wsthin the cornmunity around entering buildings and individuals circulating in close proximty. Despite the museum closure, we continued to prom¢)te our on-line sales and the Directors took a decision to invest in a new sales website. To justs.fy the ¢ost the Directors agreed to consider producing new and bespoke souvenirs and keepsakes that would validate the expendf(ure. Desprte the initial pessimism, Juty and August suddenty sprung into life vAlh VlIOrS again on the move seeking local attrath'ons. The Siege Museum became a must visit for many on local slaycats'ons and we resw)nded quickly to again create a safe workin9 environment for guests and employees.
THE SIEGE MUSEUM LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 (CONTINUED) Despite the ongoing disruptions. the Siege Museum delivered several ¢ommunity projects during 2a21. The projects encouraged a greater underslanding of the history, CUllU and traditions of the Apprentice Boys Association and received the support and gc<#J will of many ¢ommunths throughout Northern Ireland and beyond. The museum guides were delKJhled lo welcome several community groups, hxal s¢h¢)ols and a few university groups from the United States researching conflict resolutr'on. The students found the museum and its content ideal to understand the road to peace in Northem Ireland_ The gallery continues to provide a shared space and a cornfortable environment to all groups who $h to understand the culture associated with the Great Sie9e of Londondery and its legacy. Since reopening, it has been pleasing to welcome, and conduct a guided tour of the faality to several influentsal 9uesls. These included the Secfetsry of Stste, Brandon Lewis and the Chief Constable of the Police Service of Northem Ireland, Simon Byrne. Tuesday 2 November 2021 will be remembered as a most rewarding Occas)n for the Siege MLfyseum. We were privileged to greet Her Royal Highness, Princess Anne. The Princess Royal was wekomed lo the museum, introduced to the museurn directors, hall trustees, representatives of the Apprentice Boys Parent Clubs and entertained by Solus Highland Dancer5 and the Churchill Flute Ensemb. Prw lo departure the Princess unveiled a Centenary Stone marking 100 years of Northem Ireland. Reconl ects In¢lud•: Urban Vllla e Inltlatlve: We were delighted to recommence welcoming visf(ing groups from the council district of Londonderry & Strabane to the museum under this funded initiative. Although a challenging project, we were pleased to proceed with the venture and resume group visits lo the museum. Due lo covid regulations, the project has been operating under a stop start programme. however, we are oplimislic that we can resume nomal business next year with interface groups visiting from throughout Northern Ireland. Regrettably, we were unable to reach our target numbers due to closure. however, we believe that Urban Village funder5 will lake into considerats.on the currenl diffiCultS, and this wll nol affect a future programme. Dery Clty & Strabane District Council.. Following a funding application to DC&SDC Cultural Organisalions Fund, we were pleased to secure £4.948. This funding will assist towards museum ovetheads. A su¢¢essfvl application lotalling £12,052 was obtained from DC&SDC Heritage Animation and Visitor Servicing Fund. The funding will be used towards salary costs for stsff members and promotsonal and animation projects. A successful application for £2K funding from DC&SDC Decade of Centenaries Fund was also Secu - the maximum available. Our project created a centenary Lambeg drum featunng a portrait of Lord Craigavon. the first Prime Minister of Northern Ireland. Interactive educational workshops are organised around the design, engaging groups in conversation about the history of Northem Ireland. The funding also assisted towards street entertainment provided by Willie Dnnan and his musical friends. enhancing the opening of the CentenNlal Wall, Lambeg DNM and the CentenNlal Cannon. urt>an Tourism: It was pleasing to be invited by Council to participate in an Urban Tourism Experience Programme and submrt an applulion lo assist with the cost of a new walls map al the reception level of the museum. Once again, this was a competrtive application however. we secured the maximum £2K towards our project. The walls map wll also be supplemented from a susSful application lo Department of Foreign Affairs Reconciliation Fund tolalling £14,610. A small sum of this is ringfenced towards the map, with the remainder to brin9 12 groups during 2022 to the Siege Museum for a guided tour, and provide refreshments, ¢oa¢h travel and a booklet on the siege
THE SIEGE MUSEUM LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 (CONTINUED) Northern Ireland Offlce: We were pleased lo secure funding lotslling £10,000 from the N.l.O. Shared History Fund managed by Heritage Lottery to create a CentenNlal Wall in the museum. This feature¢J the six Prime Ministers of Northem Ireland and exhibrted interesting local pictorial events which look place during their premiership term. The Wall was opened on Saturday 24 July, attended by the Mayor. Aldeman Graham Warke and Jim McGreevy, commrttee member of Heritsge Lottery Fun¢Y. The funding also incorporated the cost of a pamphlet promoting the ConPt and an online talk by Dr. David Hume, describing the formation of Northern Ireland. Partnershl The museum is delighted to be represented on a Walled City Heritage Venues Group coordinated by officials from Derry City & Strabane District Council. This ¢ommrttee will pioneer and encourage visrtors lo the heritage venues around the walls and Ihe aty in general. A visitor pass system has been created and managed by Visit Derry. The museum conb.nues to work towards achieving Northem Ireland Museum Accreditation and is most gratefvl lo our staff member. Stuart mo0, and in part¢cular Board Member Rhard Wray, who meb'culously pioneer this complex and extensive programme. Their focus is tsrgeted towards writing and implementing the poliae5 and plans requir by N.1. Museums Council to comply with the qualrficalion. When complete, the accreditation will enhance prospects for sustainabilrty. assist fviure fvnding applutsons and most importantly. compty with conditions set out by funding agencEs that contributed lowards the construction of the museum. After Iwo years of corresFonding wtth the Ulster Museum. we finally managed to secure. on ban, a small gold key that was presented to Lady Craigavon when she offiryally opened the extension to Ihe Memorial Hall in 1937. This is now on display in a cabinet at the receptton area of the museum. Social Medla: The Siege Museum's web511e displays all revant infom)ation about the museum. introducing events & programmes. openin9 hours, admission prices, facilities and directs'ons. Facebcok and Twitter ensure visrtors are updated with relevant events, including talks and tours that a taking place. Fundra181n A variety of Siege Museum and Apprentice Boys branded gifts are available in the museum retail space. The souvenirs range from badges, keyrings and magnets to hoodies, flags and glass sets. The Siege Museum logo and Apprentice Boys crest are prominent on a number of these items and provide the museum with a fvrther valuable source of income. They continue to seNe as a prominent means of marketing arKI advertising. The merchandise is also available to pur¢hase via online and throu9h soc1 med treach Vehicle: Due lo Covid restrictions, the Museum Outreach Vehicle remained in st¢)rage during the first six months of the year. The volunteers wll Commence planning for events and activities in 2022. Their promots.onal a¢tr'vity is wamily appreciated and gready enhances the museum. raises the profile, ¢reales awane$S and encourages footfall to our exhibiknon. We hope this outreach aclivrty will reeomrnence soon. and the vehicle can be used lo its fijll potential and Inspi vi$rtors io the Siege Museum.
THE SIEGE MUSEUM LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 (CONTINUEDI Financial Revlew The Trustees have managed to secure funding from Oerry City and Strabane Dtrict Council, Heritsge Lottery Fund and the Department of Foreign Affairs and Trade: Reconciliat Fund duriThJ the year. The charity has made a surplus of £10,174 for the year. of which £5,143 reLates to unrestncted funds. While the income from tours and sales of mernorabilia has not returned lo pre pandemic levels due to closures during the year the Museum has recewed government funding which has assisted wtth continued running costs. The Museurn has also taken advantsge of the Jt)b Retention Scheme in order to retain its lull lime employee dur7ng periods of closure. The reslricled incorne received from funders varies from year to year depending on the projects being funded and as a consequence costs Specif to projects vary accordingly. Restricted funds at the year end are £31.S47. The support costs attributed to the running of the museum are al a similar level to the previous year and the trustees are satisfied with the financial result given the challenges faced. Princi al Fundin Source The charity continues to rely principally upon grant fvnding and contn"butions made for the provision of tours. Investrnent li Aside from retsining a prudent amount of reserves each year most of the chafity'$ fvnds a to be Spent in the short term $0 there are few fvnds for k>ng temi investment. Reserves Polic The Trustees have examined the Chari$ requirements for reserves in light of the main risks to the or9anisation. The reserves are wuired to meet the working capital requirements of the charity. The long lem strategy is to build reserves through planned operab.ng surpluses. Plans for tho future The charity plans lo continue wilh the provision of the exisbng range of facillties and projects. set out above, in forthcoming years, subject to the provision of relevant fvnding. StrUcre governance and management Governin document The organisalion is a charitsbk company limited by guarantee incorporated on 7 January 2003 and registered as a charity with the Charity Commission for Northem Ireland and HM Revenue & Customs. The ¢ompany was established under a Memorandum of A550ciation and is governed by its Arb"cles of Association. Member's liability in the event of the Company bw.ng wound up 15 limited to £1.
THE SIEGE MUSEUM LIMITED IA COMPANY LIMITED BY GUARANTEE) REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 (CONTINUED) Recruitment and a intment of mana emenl committ The directors of the company are also charity trustees for the purposes of Charity Law. Under the requirements of the Memorandum and Articles of Association direclors are elected at an Annual General Meeting from amongst those persons nominated by the Ordinary Members. The directors have the power at any time lo appoint any person lo be a director, ef(her to fill a casual vacancy or as an addition lo the existing directors. Any director so appointed serves only until the next Annual General Meeting al which directors are to be elethd and are then eligible for reole¢tion. A tiring ¢Jirector is elvjible for re*lecknon. Responslbllitios of the Board of Trustees Company law requires the Trustees to prepare ffinanaI statements for each financial year which give a true and fair view of the State of the affairs of the charitable ¢ompany as at the balance sheet date and of its in¢oming resources and appIallOn of resour, including income and expenditure, for the financial year. In preparing those financial ststemenls, the management committee should follow best practice and.. Se suitabk a¢¢ountrng policies and then apply them consistenoy., observe the methods and principles in the Chartties SORP., make judgements and estimates that are ¥sOnable and prudent,. and stsle whether appluble UK Accounting Standard5 have been ft)Ilowed. Subject lo any material departures disclosed and explained in the financial staternents,. and prepare the financial statements on the going concern b"S unless it is not appropriate to assume that the company wll contsnue on that basis. The Tnjstees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charitab company and to enab them to ensure that the financial ststemenls comply wth the Companies Act 2006. The Tnjstees are also responsible for safeguarding the assets of the charitable eompany and hence for tsking reasonable slep$ for the prevention and detection of fraud and other irregularrties. This report has been prepared in acranCe with the Ststement of RecommerKled Practice appluble to charities pparIng their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeth.ve 1 January 2015) and in accordance with the special provIsn$ of Part 15 of the Companies Act 2006 relating to small entitles. Approved by the Board of Trustees on 11 Jilz and signed on its behalf by.. Mr Wllllam Mooro Trustse Mr Worthlngton McGrath Secretary