Denbigh Museum/Amgueddfa Dinbych Charity Accounts

COMPANY REGISTRATION NUMBER: 08179609

CHARITY REGISTRATION NUMBER: 1152905

Denbigh Museum/Amgueddfa Dinbych

Company Limited by Guarantee

Unaudited Financial Statements

31 August 2025

Denbigh Museum/Amgueddfa Dinbych

Company Limited by Guarantee

Financial Statements

Year ended 31 August 2025

	Page

Directors' annual report (incorporating the director's report)	1

Chartered certified accountants report to the board of trustees on the preparation of the unaudited statutory financial statements	4

Statement of financial activities (including income and expenditure account)	5

Statement of financial position	6

Statement of cash flows	7

Notes to the financial statements	8

Denbigh Museum/Amgueddfa Dinbych

Company Limited by Guarantee

Directors' Annual Report (Incorporating the Director's Report)

Year ended 31 August 2025

The directors, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 August 2025 .

Reference and administrative details

Registered charity name	Denbigh Museum/Amgueddfa Dinbych

Charity registration number	1152905

Company registration number	08179609

Principal office and registered	Church House
office	High Street
	St Asaph
	Denbighshire
	LL17 0RD

The directors

	Ms S K W Grey-Lloyd
	Mrs V Jones
	Mr R Snelson
	Mr M Ff Williams
	Mr A. Gray
	Mr C Wynne
	Mr D. Davies
	Mrs C. Harries
	Mr M Jones
	Mr G Jones
	Mr P Williams	(Appointed 1 May 2025)
	M/s M Jones

Company secretary	Owain Llyr Williams

Accountants	Jones & Graham Accountants Ltd
	Chartered Certified Accountants
	6 Hall Square
	DENBIGH
	Denbighshire
	LL16 3NU

Structure, governance and management

Denbigh Museum/Amgueddfa Dinbych is a company limited by guarantee with charitable status. The day to day management of the organisation is undertaken by a management committee which met for the first time on 12th March 2014. The management committee meets every 6 weeks and reports to the Board of Trustees who are also Directors of the company. The directors are elected at the AGM every year by members of Denbigh Museum/Amgueddfa Dinbych to operate on their behalf in accordance with the constitution.

Objectives and activities

The objects of the Charity are specifically restricted to the following: -

1) to establish and maintain a strictly accredited museum for the benefit of the public 2) to promote art and history for the benefit of the public by the establishment and maintenance of a museum 3) to advance education by the establishment and maintenance of a museum 4) to have power to hold and/or own collections.

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

Achievements and performance

This has been a year of many changes for the museum most important being that we have finally moved to our new premises at the Buttermarket.

Unfortunately, due to the delay we have not been able to put on any of our usual displays and exhibitions.

The focus has been on successfully getting a grant to set up our new exhibition from the Heritage lottery fund and ensuring we are financially viable in order to pay our running costs.

We also received funding from the Clocaenog Windfarm to purchase new shelving for our collection's storage room along with a grant from DVSC for other essential equipment.

We thank Grwp Cynefin for their continued support in helping us achieve our goals,

Financial review

Our finances remain stable and we are working to look for new ways to raise funds to meet our costs and maintain our existence following our move to new premises.

We set up a fundraising group this year to plan events and raise revenue to cover costs. We have held coffee mornings, strawberry tea afternoon at Gwaenynog, film night, car boot and tabletop sale, etc which were well supported by the public and members which we thank.

The lottery has continued to grow in membership following a target set and we reached two hundred. This goes a long way to covering our overheads and we are aiming to attract more members by the end of the next financial year.

We would like to thank all our sponsors this last year who donated the cost of publishing our quarterly newsletters.

We also thank those who provided grants namely Freeman Evans Trust to purchase a hearing loop system for talks and presentations etc, Clocaenog Windfarm to purchase a shelving system for collections storage and DVSC key fund for supporting running costs, blinds for windows, marketing and promotional work, display boards.

Plans for future periods

We have set up groups working successfully on new policies, marketing and fund-raising and we are looking forward to setting up projects and workshops with schools, young people and others during the next year. We are also restarting our monthly programme of talks in September 2025 with the added afternoon talks each month for those unable to make evening talks.

We have also increased the number of volunteers during the year and have had many expressions of interest in being involved in the work of the museum.

This next year will be very busy and exciting.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The directors' annual report was approved on 24 April 2026 and signed on behalf of the board of trustees by:

Mr C Wynne

Director

Denbigh Museum/Amgueddfa Dinbych

Company Limited by Guarantee

Chartered Certified Accountants Report to the Board of Trustees on the Preparation of the Unaudited Statutory Financial Statements of Denbigh Museum/Amgueddfa Dinbych

Year ended 31 August 2025

As described on the statement of financial position, the directors of the charity are responsible for the preparation of the financial statements for the year ended 31 August 2025, which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes.

You consider that the charity is exempt from an audit under the Companies Act 2006.

In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

Jones & Graham Accountants Ltd Chartered Certified Accountants

6 Hall Square DENBIGH Denbighshire LL16 3NU

24 April 2026

Denbigh Museum/Amgueddfa Dinbych

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 August 2025

	2025			2024
	Unrestricted funds	Restricted funds	Total funds	Total funds
Note	£	£	£	£

Income and endowments

Donations and legacies	5	3,397	4,093	7,490	4,461
Charitable activities	6	2,498	–	2,498	–
Other trading activities	7	13,192	–	13,192	12,264
Investment income	8	1,416	–	1,416	1,422
Other income	9	1,076	–	1,076	2,181
		--------	-------	--------	--------
Total income		21,579	4,093	25,672	20,328
		--------	-------	--------	--------

Expenditure

Expenditure on raising funds:

	Costs of raising donations and legacies		10	317	–	317	124
Expenditure on charitable activities		11,12		19,658	4,093	23,751	14,606
				--------	-------	--------	--------
Total expenditure				19,975	4,093	24,068	14,730
				--------	-------	--------	--------

	--------	-------	--------	--------
Net income and net movement in funds	1,604	–	1,604	5,598
	--------	-------	--------	--------

Reconciliation of funds

Total funds brought forward	79,982	–	79,982	74,384
	--------	-------	--------	--------
Total funds carried forward	81,586	–	81,586	79,982
	--------	-------	--------	--------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Denbigh Museum/Amgueddfa Dinbych

Company Limited by Guarantee

Statement of Financial Position

31 August 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible fixed assets	15		16,455	220

Current assets

Stocks	16	519	836
Debtors	17	776	1,635
Cash at bank and in hand		102,435	78,384
		---------	--------
		103,730	80,855

Creditors: amounts falling due within one year	18	22,229		1,093
		---------		--------
Net current assets			81,501	79,762
			--------	--------
Total assets less current liabilities			97,956	79,982

Creditors: amounts falling due after more than one year	19	16,370	–
		--------	--------
Net assets		81,586	79,982
		--------	--------

Funds of the charity

Unrestricted funds		81,586	79,982
		--------	--------
Total charity funds	21	81,586	79,982
		--------	--------

For the year ending 31 August 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 24 April 2026 , and are signed on behalf of the board by:

Mr C Wynne	Mr M Jones
Director	Director

Denbigh Museum/Amgueddfa Dinbych

Company Limited by Guarantee

Statement of Cash Flows

Year ended 31 August 2025

		2025	2024
Note		£	£
Cash generated from operations	23	39,106	2,756

Interest paid	( 102)	( 84)
Interest received	1,416	1,422
	--------	-------
Net cash from operating activities	40,420	4,094
	--------	-------

Cash flows from investing activities

Purchase of tangible assets	( 20,462)	–
	--------	-------
Net cash used in investing activities	( 20,462)	–
	--------	-------

Cash flows from financing activities

Government grant income	4,093	–
	--------	-------
Net cash from financing activities	4,093	–
	--------	-------

Net increase in cash and cash equivalents	24,051	4,094
Cash and cash equivalents at beginning of year	78,384	74,290
	---------	--------
Cash and cash equivalents at end of year	102,435	78,384
	---------	--------

Denbigh Museum/Amgueddfa Dinbych

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 August 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Church House, High Street, St Asaph, Denbighshire, LL17 0RD.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements may require management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the directors for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures & fittings	-	20% straight line
Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received. Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Limited by guarantee

Denbigh Museum/Amgueddfa Dinbych is a registered charity, being a company limited by guarantee. The number of Trustees as at 31/08/2025 was 12.

Warranty liability restricted to £1 per trustee

5. Donations and legacies

Unrestricted Funds	Restricted Funds	Total Funds 2025
£	£	£

Donations

General donations	3,397	–	3,397
Donation from Historic Society	–	–	–

Grants

Donations released to income statement	–	4,093	4,093
	-------	-------	-------
	3,397	4,093	7,490
	-------	-------	-------

Unrestricted Funds	Restricted Funds	Total Funds 2024
£	£	£

Donations

General donations	1,031	–	1,031
Donation from Historic Society	3,430	–	3,430

Grants

Donations released to income statement	–	–	–
	-------	----	-------
	4,461	–	4,461
	-------	----	-------

6. Charitable activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Sale of goods/services as part of direct charitable activities	2,498	2,498	–	–
	-------	-------	----	----

7. Other trading activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Sales of DVDs and books	119	119	430	430
Social lotteries	11,035	11,035	9,705	9,705
Other income	2,038	2,038	2,129	2,129
	--------	--------	--------	--------
	13,192	13,192	12,264	12,264
	--------	--------	--------	--------

8. Investment income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Bank interest receivable	1,416	1,416	1,422	1,422
	-------	-------	-------	-------

9. Other income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Room hire & subsistance	300	300	188	188
HMRC Gift Aid	776	776	1,993	1,993
	-------	-------	-------	-------
	1,076	1,076	2,181	2,181
	-------	-------	-------	-------

10. Costs of raising donations and legacies

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
DVDs for resale	317	317	124	124
	----	----	----	----

11. Expenditure on charitable activities by fund type

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Support costs	19,658	4,093	23,751
	--------	-------	--------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Support costs	14,606	–	14,606
	--------	----	--------

12. Expenditure on charitable activities by activity type

	Support costs	Total funds 2025	Total fund 2024
	£	£	£
Governance costs	23,751	23,751	14,606
	--------	--------	--------

13. Net income

Net income is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible fixed assets	4,227	134
	-------	----

14. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

15. Tangible fixed assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 September 2024	2,471	4,125	6,596
Additions	20,462	–	20,462
	--------	-------	--------
At 31 August 2025	22,933	4,125	27,058
	--------	-------	--------
Depreciation
At 1 September 2024	2,300	4,076	6,376
Charge for the year	4,178	49	4,227
	--------	-------	--------
At 31 August 2025	6,478	4,125	10,603
	--------	-------	--------
Carrying amount
At 31 August 2025	16,455	–	16,455
	--------	-------	--------
At 31 August 2024	171	49	220
	--------	-------	--------

16. Stocks

	2025	2024
	£	£
Raw materials and consumables	519	836
	----	----

17. Debtors

	2025	2024
	£	£
Prepayments and accrued income	–	1,635
Other debtors	776	–
	----	-------
	776	1,635
	----	-------

18. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	10,761	–
Accruals and deferred income	11,468	1,093
	--------	-------
	22,229	1,093
	--------	-------

19. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Accruals and deferred income	16,370	–
	--------	----

20. Deferred income

	2025	2024
	£	£
Amount released to income	(4,093)	–
Amount deferred in year	30,857	–
	--------	----
At 31 August 2025	26,764	–
	--------	----

21. Analysis of charitable funds

Unrestricted funds

	At 1 September 2024	Income	Expenditure	At 31 August 2025
	£	£	£	£
General funds	79,982	21,579	(19,975)	81,586
	--------	--------	--------	--------

	At 1 September 2023	Income	Expenditure	At 31 August 2024
	£	£	£	£
General funds	74,384	20,328	(14,730)	79,982
	--------	--------	--------	--------

Restricted funds

	At 1 September 2024	Income	Expenditure	At 31 August 2025
	£	£	£	£
Restricted Funds	–	4,093	(4,093)	–
	----	-------	-------	----

	At 1 September 2023	Income	Expenditure	At 31 August 2024
	£	£	£	£
Restricted Funds	–	–	–	–
	----	----	----	----

22. Analysis of net assets between funds

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Tangible fixed assets	85	16,370	16,455
Current assets	103,730	–	103,730
Creditors less than 1 year	(22,229)	–	(22,229)
Creditors greater than 1 year	–	(16,370)	(16,370)
	---------	--------	---------
Net assets	81,586	–	81,586
	---------	--------	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Tangible fixed assets	220	–	220
Current assets	80,855	–	80,855
Creditors less than 1 year	(1,093)	–	(1,093)
Creditors greater than 1 year	–	–	–
	--------	----	--------
Net assets	79,982	–	79,982
	--------	----	--------

23. Cash generated from operations

	2025	2024
	£	£
Net income	1,604	5,598

Adjustments for:
Depreciation of tangible fixed assets	4,227	134
Government grant income	( 4,093)	–
Other interest receivable and similar income	( 1,416)	( 1,422)
Interest payable and similar charges	102	84
Accrued income	( 19)	( 47)

Changes in:
Stocks	317	44
Trade and other debtors	859	( 1,635)
Trade and other creditors	37,525	–
	--------	-------
	39,106	2,756
	--------	-------

24. Analysis of changes in net debt

	At 1 Sep 2024	Cash flows	At 31 Aug 2025
	£	£	£
Cash at bank and in hand	78,384	24,051	102,435
	--------	--------	---------

25. Related parties

No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.