2023-03-31-accounts

TRUSTEES	SFBoersma Brand	Consultancy	Consultancy
	A Collier Operations	Manager
	SBJones Director
	CEMiller Consultant
	RA Ndibalema Lecturer (appointed			25/1/23)
	N Pearlman Head OfArt Collections
	M BRhodes Company		Director
	KThompson Textile	Artist
	RJ Bateman Retired
	C D0Morses Reader		In Marketing	(resigned	10/11/22)
COMPANY SECRETARY	D Figueiredo
REGISTERED OFFICE	Unit 15,Highgate Craft		Centre
	8 Highgate Square
	Birmingham
	B12ODU
REGISTERED COMPANY	02492368 (England	and Wales)
NUMBER
REGISTERED CHARITY	1001237
NUMBER
INDEPENDENTEXAMINER	Prime
	Chartered Accountants
	161 Newhall Street
	Birmingham
	B31SW

							2023	2022
					Unrestricted	Restricted	Total	Total
					funds	fund	funds	funds
				Notes	6		6
INCOME AND ENDOWMENTS			FROM
Donations and legacies				2	217,119	107,718	324,837	391,670
Other trading activities				3	2,886	9,144	12,030	25,101
Investment income				4	3,178		3,178	1,849
Total					223,183	116,862	340,045	418,620
EXPENDITURE ON
Raising funds Governance				5	89,206		89,206	70,029
Charitable activities
costs					5,384		5,384	100
Support Costs					47,503	58,077	105,580	69,558
Costs ofartistic programme		and	other
activities					82,047	144,377	226,424	198,870
Other					sa4		sa4
Total					224,834	202,454	427,288	339,297
NET INCOME/(EXPENDITURE)					(1,651)	(85,592)	(87,243)	79,323
Transfers between	funds			15	(2,404)	2,404
Net movement in funds					(4,055)	(83,188)	(87,243)	79,323
RECONCILIATION	OF FUNDS
Total funds brought forward					220,407	220,008	440,415	361,092
TOTAL FUNDS CARRIED		FORWARD			216,352	138,820	353,172	440,415

				2023	2022
		Unrestricted	Restricted	Total	Total
		funds	fund	funds	funds
	Notes		8	8
FIXEDASSETS
Tangible assets	11	1,528		1,528	2,222
CURRENT ASSETS
Stocks	12	3,500		3,500	4,354
Debtors	13	3,048		3,048	8,352
Cash at bank		227,176	136,820	363,996	452,483
		233,724	136,820	370,544	465,189
CREDITORS
Amounts falling due within one year	14	(18,900)		(18,900)	(26,996)
NET CURRENT ASSETS		214,824	136,820	351,644	438,193
TOTAL ASSETSLESSCURRENT
LIABILITIES		216,352	136,820	353,172	440,415
NET ASSETS		216,352	136,820	353,172	440,415
FUNDS	15
Unrestricted funds				216,352	220,407
Restricted funds				136,820	220,008
TOTAL FUNDS				353,172	440,415

2.	DONATIONS AND LEGACIES	DONATIONS AND LEGACIES	DONATIONS AND LEGACIES
				2023 f	2022f
	Donations			1,794	1,414
	Grants			323,043	390,256
				324,837	391,670
	Grants received, included		in the above, are as follows:
				2023 f	2022
	Arts Council England			252,539	255,717
	Birmingham City Council			10,998	11,500
	Birmingham 22			52,466	84,000
	The Civic			2,500
	Garfield Weston				16,800
	Harry Payne Trust				1,500
	Midlands Art Centre			3,000
	Nottingham Trent University				5,039
	Radcliffe Trust				3,000
	The Space CIC			1,540	11,700
	Turner Trust				1,000
				323,043	390,256
3.	OTHER TRADING ACTIVITIES
				2023 f	2022f
	Touring and workshop	receipts		7,043	11,675
	Exhibit, stocks and catalogue			3,613	882
	Cost recovery from projects				5,798
	Consultancy services			1,160	5,996
	Sundry income			214	750
				12,030	25,101
4.	INVESTMENT INCOME
				2023	2022
				f	f
	Deposit account interest			3,178	1,849

Raising dona	t	ions	and	legacies
							2023	2022
							8	F
Support costs							89,206	70,029
SUPPORT COSTS
							Governance
					Management	Finance	costs	Totals
						6	6	F
Raising donations			and legacies		89,206			89,206
Governance	costs				13		5,371	5,384
Support Costs					74,901	31,327		106,228
					164,120	31,327	5,371	200,818
Support costs,		included		in the above, are as follows:
							2023	2022
				Raising
				donations
				and	Govemanoe	Support	Total	Total
				legacies	costs	Costs	activities	activities
					6	6	8	6
Wages				83,632		48,042	131,674	95,229
Social security				5,574		2,797	8,371	6,078
Pensions						4,350	4,350	3,769
Insurance						2,741	2,741
Telephone						2,004	2,004	1,967
Postage and Advertising	stationery					2,080 1,400	2,080 1,400	1,472 1,359
Sundries					13	5,127	5,140	973
Travel costs								1,227
Other professional			fees			6,360	6,360	2,927
Rates and water						23,428	23,428	16,227
Bank charges						142	142	97
Subscriptions						2,990	2,990	882
Training						2,275	2,275	1,870
Equipment hire								3,303
Catalyst Fundraising						2,492	2,492
Board expenses					122		122	87
Accountancy		fees			2,999		2,999
Independent	examination				2,250		2,250	2,220
				89,206	5,384	106,228	200,818	139,687

STAFF COST	S
							2023 f	2022 6
Wages and salaries							195,635	175,408
Social security	costs						12,919	11,767
Other pension	costs						10,876	3,769
							219,430	190,944
The average monthly		number of	employees		during the year	was as follows:
							2023	2022
Employees							9	7
No employees	received emoluments			in excess off60,000.
COMPARATIVES FOR THE STATEMENT					OF FINANCIAL	ACTIVITIES
						Unrestricted	Restricted	Total
						funds	fund	funds
								6
INCOME AND	ENDOWMENTS		FROM
Donations and	legades					227,564	164,106	391,670
Other trading activities						25,101		25,101
Investment income						1,849		1,849
Total						254,514	164,106	418,620
EXPENDITURE ON
Raising funds						70,029		70,029
Charitable activities
Governance costs						100		100
Support Costs						62,195	7,363	69,558
					Page19			continued. ..

10.	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -	continued
				Unrestricted	Restricted	Total
				funds	fund	funds
				E		6
	Costs ofartistic programme		and other
	activities			87,649	111,221	198,870
	Other			740		740
	Total			220,713	118,584	339,297
	NET INCOME			33,801	45,522	79,323
	Transfers between	funds		(39,047)	39,047
	Net movement in funds			(5,246)	84,569	79,323
	RECONCILIATION	OF FUNDS
	Total funds brought	forward		225,653	135,439	361,092
	TOTAL FUNDS CARRIED		FORWARD	220,407	220,008	440,415
11.	TANGIBLE FIXEDASSETS
						Fixtures
						and
						fittings
	COST
	At 1 April 2022 and	31 March 2023				79,590
	DEPRECIATION
	At 1 April 2022					77,368
	Charge for year
	At 31 March 2023					78,062
	NET BOOKVALUE
	At 31 March 2023					1,528
	At 31 March 2022					2,222

12.	STOCKS
					2023	2022
					E	E
	Stock				3,500	4,354
13.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
					2023	2022
					6
	Trade debtors				771	6,178
	Other debtors				54
	Prepayments	and accrued	income		2223	2,174
					3,048	8,352
14.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2023	2022
					6	E
	Trade creditors				3,779	7,842
	Social secudty	and other taxes			4,361	5,834
	Other creditors				1,478	2,154
	Accruals and	deferred income			9,282	11,166
					18,900	26,996
15.	MOVEMENT	IN FUNDS
				Net	Transfers
				movement	between	At
			At 1.4.22	in funds	funds	31.3.23
			F
	Unrestricted	funds
	General fund		112,826	625	(15,323)	98,128
	Designated fund		107,581	(2,276)	12,919	118,224
			220,407	(1,651)	(2,404)	216,352
	Restricted funds
	Restricted fund		220,008	(85,592)	2,404	136,820
	TOTALFUNDS		440,415	(87,243)		353,172

Net movement in funds, incl	ude	d in the above	are as follows	:
				Incoming	Resources	Movement
				resources	expended	in funds
				5	5	8
Unrestricted funds
General fund				223,183	(222,558)	625
Designated fund					(2,276)	(2,276)
				223,183	(224,834)	(1,651)
Restricted funds
Restricted fund				116,862	(202,454)	(85,592)
TOTAL FUNDS				340,045	(427,288)	(87,243)
ComparaSves for movement		in funds
				Net	Transfers
				movement	between	At
			At 1.4.21	in funds f	funds	31.3.22 F
Unrestricted funds
General fund			111,097	33,801	(37,317)	107,581
Designated fund			114,556		(1,730)	112,826
			225,653	33,801	(39,047)	220,407
Restricted funds
Restricted fund			135,439	45,522	39,047	220,008
TOTAL FUNDS			361,092	79,323		440,415
Comparative net movement	in	funds, included	in the above	are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
					5
Unrestricted funds
General fund				254,514	(220,713)	33,801
Restricted funds
Restricted fund				164,106	(118,584)	45,522
TOTAL FUNDS				418,620	(339,297)	79,323