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|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|||||
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||||||||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|
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|||||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|
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|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|
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|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|
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|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|
##
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|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|
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