The Board of Trustees of the Tate Gallery Annual Accounts 2018-2019 HC 2441 The Board of Trustees of the Tate Gallery Annual Accounts 2018-2019 Presented to Parliament pursuant to section 9(8) of the Museums and Galleries Act 1992 ORDERED BY THE HOUSE OF COMMONS TO BE PRINTED 17 JULY 2019 HC 2441 © Tate Gallery copyright 2019 The text of this document (this excludes, where present, the Royal Arms and all departmental or agency logos) may be reproduced free of charge in any format or medium provided that it is reproduced accurately and not in a misleading context. The material must be acknowledged as Tate Gallery copyright and the document title specified. Where third party material has been identified, permission from the respective copyright holder must be sought. Any enquiries related to this publication should be sent to us at
[email protected] This publication is available at https://www.gov.uk/government/publications ISBN 978-1-5286-1258-6 CCS0419988580 07/19 Printed on paper containing 75% recycled fibre content minimum Printed in the UK by the APS Group on behalf of the Controller of Her Majesty’s Stationery Office Contents Page Advisers 2 Annual report 3 Foreword 6 Remuneration report 23 Statement of Trustees’ and Director’s responsibilities 28 Governance statement 29 The certificate and report of the Comptroller and Auditor General to the Houses of Parliament 37 Consolidated statement of financial activities 40 Consolidated and Tate balance sheets 42 Consolidated statement of cash flows 43 Notes to the accounts 44 1 The