Stone Museum of GeologyThis document is also available as a PDF file
48 Milestone RoadClick Here to view (File size 255kb)
Kent DA2 6DN
Click the icon below if you would like to download the
latest version of Adobe Acrobat Reader
Get Adobe Acrobat Reader



Although our active acquisition of fossil, rock and mineral specimens has now been concluded we do still acquire specimens by field trip or by purchase where an unmissable specimen comes onto the market which would add value to the collection.

Much of the past year has been spent in researching potential suppliers of modular buildings, security fencing, display cabinets and other fixtures and fittings for the museum and in developing our Zoological Department.

The number of rocks, fossils, minerals and meteorites in the collection exceeds 3000 specimens with a further 500 geologically related items comprising models, pictures and memorabilia to help with specimen display and interpretation.

The number of visitors to our website now stands at over 15,800.

Our library holdings total 1200 books, magazines and leaflets and our electronic news archive contains over 16,000 articles.

The number of private benefactors to the Museum stands at 70.


Donations were up 29.2% over 2013/14 and costs increased by 31.5% mainly due to investment in our Zoological Department and associated running costs. Total assets showed growth of 8.9%.

Operating costs went up by 74.4% over 2013/14 due to this increased electricity consumption in running the support systems in our Zoological Department and re-potting of the specimens in our Botanical Department.


It is with much regret that we have to report the untimely death following a long illness of Mr Bernard Smith, our Collections Director for UK South. He will be missed and we extend our heartfelt condolences to his family.

Brian R J Glover

Notes to the Accounts

1. Museum Expenditure

As a non profit making organisation, the Museum aims to spend the minimum possible on administration and overheads so that funds can be channelled into curation of the collection and the acquisition of display equipment and new specimens.

Breakdown of expenditure

2. Tangible fixed assets and depreciation

Fixed assets at 31st March 2015 are stated at the lower of (a) cost, less provision for depreciation - if originally purchased by the Museum, or (b) net realisable value, less provision for depreciation - if the asset was originally donated free of charge.

Depreciation is provided on a straight line basis, and is calculated on historical amounts, after providing for any permanent diminution in value. The period of depreciation being the estimated life of the asset subject to the maxima shown below and commencing when the capital expenditure was incurred or on acquisition of the asset by donation.
Type of assetMaximum period
Computer equipment10 years
Laboratory and display equipment20-40 years

Estimated lives and residual values of individual items are reviewed periodically and amended when circumstances change. Asset values shown represent the estimated replacement cost of the collection with specimens of similar quality and size.

3. Disposals

No specimen in the collection is considered to be a disposable asset - the Museum's charter provides strict safeguards and restrictions on disposals of the specimens themselves.

4. Interest Receivable

Current account interest is received gross of tax each quarter. Investment interest is received gross of tax each June.

Balance Sheet

Position as at 31st March 2015

Gift Shop Sales85.6923.60
Stock in Hand1002.321002.32
Cash In Hand1251.731222.53
Interest Received0.601.22

Purchase of Fixed Assets560.62630.40
Operating Costs1177.45675.16


Interest Received0.601.22
Cash in Hand1327.731273.53
Stock in Hand1002.321002.32

Position as at 31st March 2015

OPENING BALANCE3493.583057.40
CLOSING BALANCE3855.313493.58

Working Capital2330.652277.07
Value of Collection32482.2629731.17
Current Assets212.76202.38
Fixed Assets3855.313493.58
TOTAL ASSETS38880.9835704.20

Site Map Top
[Report & Accounts Menu]