2022-03-31-accounts

	HE	ART N SOUL
		Contents
			Page
Trustees' Annual Report			2- 10
Independent Auditor's	Report		11-14
Statement of Financial	Activities		15
Balance Sheet			16
Cash Flow Statement			17
Notes to the Financial	Statements		18-26

						Total	Total
				Unrestricted	Restricted	Funds	Funds
			Notes	Funds	Funds	2022	2021
Income					E
Donations	and grants		2	481,678	602,116	1,083,794	1,348,611
Charitable	activities		3	17,251		17,251	25,011
Investments			4	385		385	216
Total				499,314	602,116	1,101,430	1,373,838
Raising funds			5	52,320		52,320	47,780
Charitable	activities		6	444,115	595,716	1,039,831	1,268,720
Total				496,435	595,716	1,092,151	1,316,500
Net income I(expenditure)			10	2,879	6,400	9279	57338
Transfers	between funds		17	6,400	(6,400)
Net movement		in funds		9,279		9,279	57,338
Reconciliation		offunds
Balance brought		forward	17	304,974		304,974	247,636
Balance carried		forward	17	F314,253	ENil	f314,253	8304,974

				2022	2021
Cash flows from operating activities:
Net movement in funds per Statement	of Financial		Activities	9,279	57,338
Adjustments for:
Depreciation				6,587	6,167
Losses on disposal oftangible fixed	assets				490
(increase)/decrease in debtors				103,474	14,714
Increase/(decrease) in creditors				22,064	(30,133)
Net cash provided byi(usedin) operating		activities		141,404	48,576
Cash flows from investing activities:
Purchase oftangible fixed assets				(6,400)	(8,092)
Net cash provided byl(usedin) investing		activities		(6,400)	(8,092)
Increase/(decrease) in cash				135,004	40,484
Cash and cash equivalents brought forward				322,918	282,434
Cash and cash equivalents carried forward				F457,922	F322,918
Analysis ofcash and cash equivalents				2022	2021
				E	F
Cash at bank and in hand				F457,922	f322,918

2.	DONATIONS	AND GRANTS	AND GRANTS	Unrestricted	Restricted	Total	Total
				funds	funds	2022	2021
					F	E
	Multi-disciplinary		arts	134,876	36,816	174,752	181,039
	Taking part			332,347	294,584	637,240	660,661
	The Hub				73,913	73,913	497,819
	Sharing			14,455		1,086	9,092
	Believe in Us				196,803	196,803
				6481,678	6602,116	E1,083,794	F1,348,611

3.	INCOME FROM CHARITABL	E	ACTIVITIES
			Unrestricted	Restricted		Total	Total
			funds		Funds	2022	2021
						F
	Box office fees and commissions		17,251			17,251	25,011
			617,251		ENil	f17,251	f25,011
	All of the f25,011 recognised	in	2021 was unrestricted		funds.
4.	INVESTMENT INCOME		Unrestricted	Restricted		Total	Total
			funds		Funds	2022	2021
	Bank interest		f385		ENil	F385	f216

COST OF	RAISING FUNDS	Direct	Support	Total	Total
		costs	costs	2022	2021
Fundraising	consulting	252,320		F52,320	F47,780

EXPENDITURE	ON CH	ARITABLE A	CTIVITIES
			Other	Support
		Staffing	Direct	Costs	Total	Total
		Costs	Costs	(Note 7)	2022	2021
				F
Multi-disciplinary	arts	53,669	98,919	19,715	172,303	157,227
Taking Part		269,944	227,881	98,132	595,957	529,758
The Hub		11,407	56,107		67,514	573,206
Sharing		4,872	591	1,791	7,254	8,529
Believe in Us		51,172	145,631		196,803
		F391,064	F529,129	f119,638	E1,039,831	f1,268,720

	Heart n Soul at The	Heart n Soul at The	Heart n Soul at The	H	ub.
7.	SUPPORT COSTS					General		Governance	Total	Total
						Office	Premises	(Note 8)	2022	2021
						F		E
	Multi-disciplinary		arts			12,260	6,830	625	19,715	17,294
	Taking Part					61,926	33,062	3,145	98,133	79,259
	The Hub									24,841
	Sharing					1,114	620	56	1,790	1,895
						675,300	640,512	E3,826	f119,638	F123,289
8.	GOVERNANCE		COSTS						2022	2021
									F
	Auditors'	remuneration			and	related costs			3,658	3,285
	AGM and	Trustees'		meetings					168	420
									E3,826	E3,705

	These funds have been fully exp	These funds have been fully exp	ended.
10.	NET INCOME/(EXPENDITURE)		FOR THE YEAR	2022	2021
	Net income/(expenditure)	is stated aRer charging:
	Operating lease rentals			f35,106	F28,848
	Depreciation oftangible	fixed assets		E6,587	E6,167
	Auditors remuneration	—Audit services		E3,615	F3,250
11.	STAFF COSTS			2022	2021
	Staff costs were as follows:			F
	Wages and salaries			327,140	412,301
	Social Security costs			26,999	33,075
	Pension costs			28,864	29,824
	Staff training and recruitment			4,330	3,711
	Other costs			3,731	4,005
				F391,064	6482,916

	FOR THE YEAR EN	FOR THE YEAR EN	DED 31 MARCH 2	022
13.	TANGIBLE FIXEDASSETS		Technical	Office
			Equipment	Equipment	Total
			E	E
	Cost
	Balance at 1 April 2021		26,630	45,578	72,208
	Additions Disposals			6,400	6,400
	Balance at 31 March 2022		26,630	51,978	78,608
	Depreciation
	Brought forward at 1 April 2021		26,168	35,634	61,802
	Charge for year		462	6,125	6,587
	Eliminated on disposal
	Balance at 31 March 2022		26,630	41,759	68,389
	Net book value
	As at 31 March 2022		ENil	f10,219	F10,219
	As at 31 March 2021		f462	E9,944	610,406
14.	DEBTORS			2022	2021
				F	F
	Trade debtors			4,204	2,300
	Accrued income			10,000	113,718
	Other debtors			5,129	6,126
	Prepayments			8,437	9,100
				227,770	F131,244
15.	CREDITORS: Amounts	falling due within	one year	2022	2021
	Trade creditors			9,299	22,695
	Social security and other	taxes		2,468	2,759
	Other creditors			406	2,882
	Accruals			24,431	43,860
	Deferred income (see note 16)			145,054	87,398
				F181,658	2159,594

NDED 31	MARCH 20	22
Balance	Additions	Released	Balance
brought	in	To	Carried
forward	year	Income	Forward
287,398	F145,054	E(87,398)	f145,054

Comparat	ive in	form	atio	n for the net m	ovement in funds is	ovement in funds is	as follows
				Balance	Movement		in		Balance
				At	Resources		Transfers		At
				1 April	Income	Expenditure			31 March
				2020					2021
Unrestricted		funds
General	funds			237,136	474,262		406,424		304,974
				237,136	474,262		406,424		304,974
Restricted funds
Multi-disciplinary			arts		65,415		65,415
Taking Part				10,500	333,342		343,842
The Hub					497,819		497,819
Sharing					3,000		3,000
				10,500	899,576		910,076
Total funds				f247,636	E1,373,838	F1,316,500		ENil	8304,974
ANALYSIS OF NET				ASSETS BETWEEN FUNDS
					Unrestricted		Restricted	Total Funds
					Funds		Funds		2022
					F				E
Tangible	fixed	assets			10,219				10,219
Current	assets				316,165		169,527		485,692
Current	liabilities				(12,131)		(169,527)	(181,658)
					6314,253		FNil	f314,253

arative	information for the ana	lysis of net assets betw	een funds is a	s follows:
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
		F
Tangible	fixed assets	10,406		10,406
Current	assets	341,849	112,313	454,162
Current	liabilities	(47,281)	(112,313)	(159,594)
		2304,947	ENil	f304,974

Total future	Total future	minimum	lease payments	under non-cancellable	operating	leases are as
follows:
					2022	2021
Amounts	due within:
One year					9,218	10,037
One to five		years			7,222	11,349
				F16,440		f21,386