2023-03-31-accounts - Art Shape Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

				Page
Reference and Administrative		Details
Report ofthe Trustees			2	to	4
Independent Examiner's	Report
Statement ofFinancial	Activities
Statement ofFinancial	Position
Statement ofCash Flows
Notes to the Statement	ofCash	Flows
Notes to the Financial Statements			10	to	15


31.3.23							31.3.22
				Unrestricted	Restricted	Total	Total
			Notes	funds 6	fund 6	funds 6	fundsf
INCOME AND ENDOWMENTS		FROM
Donations	and legacies		2	4,189	1,402	5,591	3,533
Charitable	activities		4
Charitable	activities			64,860	674,516	739,376	647,768
Investment	income		3	3721		3,721	1,935
Total				72,770	675,918	748,688	653,236
EXPENDITURE ON
Charitable	activities		5
Charitable	activities			105,304	547,907	653,211	629,780
Net gains	on investments
NET INCOME/(EXPENDITURE) Transfers between funds			13	(32,534) 88,010	128,011 ~88,010)	95,477	23,456
Net movement in funds				55,476	40,001	95,477	23,456
RECONCILIATION OF FUNDS
Total funds	brought forward			309,438		309,438	285,982
TOTAL FUNDS CARRIED FORWARD				364,914	40,001	404,915	309,438

			ART SHAPE	LIMITED
			STATEMENT OF	CASH FLOWS
		FOR	THE YEAR ENDED 31 MARCH 2023
				31.3.23	31.3.22
			Notes	5
Cash flows from operating	activities
Cash generated from operations			1	64,465	66,510
Net cash provided by operating		activities		64,465	66,510
Cash flows from investing	activities
Interest received				3,721	1,935
Net cash provided by investing		activities		3,721	1,935
Change in cash and cash	equivalents
in the reporting period Cash and cash equivalents	at	the		68,186	68,445
beginning ofthe reporting	period			529,833	461,388
Cash and cash equivalents ofthe reporting period	at	the end		598,019	529,833

	NOTES TO THE STATEMENT OF CASH FLO FOR THE YEAR ENDED 31 MARCH 2023	WS	WS
RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM	OPERATING ACTIVITIES 31.3.23 31.3.22 6 f
Net income for the reporting period (as per the Statement of Financial Activities)		95,477	23,456
Adjustments for: Interest received (Increase)/decrease Increase/(decrease)	in debtors in creditors	(3,721) (29,354) 2,063	(1,935) 202,465 (157,476)
Net cash provided	by operations	64,465	66,510

ANALYSIS OF CHANGES IN NET FUNDS
	At 1.4.22	Cash flow	At 31.3.23
	6	F	E
Net cash Cash at bank and in hand	529,833	68 186	598019
	529,833	68,186	598,019
Total	529,833	68,186	598,019

FOR 'T	HE YEAR ENDED	31 MARCH 2023
INVESTMENT INCOME			31.3.23	31.3.22
			6	E
Interest receivable			3721	1,935
INCOME FROM CHARITABLE AC'TIVITIES			31.3.23	31.3.22
			Charitable	Total
			activities f	actwities
Grants and contracts General income Commissioned services Earned income			98,419 51,520 576,861 12,576	82,904 92,842 448,715 23,307
			739,376	647,768
Commission services included in	the above are as	follows:
			31.3.23	31.3.22
GCC Adult Education National Health Service England Sold services			298,233 275,233 1.850	235,120 209,454 1,400
Cheltenham Borough Homes GCC HAF/HAP			1,615	2,739
			576,861	448,715
Grants received, included in the	above, are as follows:		31.3.23	31.3.22
National Lottery Community Fund Adult Education in Gloucestershire Gloucestershire County Council Holiday Activities &Food programme Gloucestershire County Council Employment &Skills Hub Outreach Project National Health Service University of Exeter Gloucestershire County Council Active Impact Gloucestershire Disability fund NHS England Suicide Prevention Transformation programme Gloucestershire Careers Legacy Fund Barnwood Trust			25,049 22,361 14,686 8,131 7,638 5,127 4,360 3,000 2,500 2,270 1,692 1,605	19,373 8,034 11,134 2,906 3,077 3,500 1,463 2,831 30,586
			98,419	82,904

CHARITABLE A	CTIVITIES COSTS
		Direct	Support
		Costs (see	costs (see
Charitable activities		note 6) 6 650,097	note 7) 6 3,114	Totals 653,211
DIRECT COSTS	OF CHARITABLE ACTIVITIES
			31.3.23	31.3.22
Project materials and expense Travel Artists fees Premises expenses Office costs Subscriptions Insurance Bank charges			533,002 5,419 40,330 28,907 36,933 2,078 3,341 87	563,101 2,995 33,478 14,045 10,087 1,194 2,695 85
			650,097	627,680

	The average monthly num	ber of	em	ployees during the year w	as as follows:
						31.3,23	31.3.22
	Employees					34	34
	No employees received emoluments			in excess of660,000.
10.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
					Unrestricted	Restricted	Total
					funds	fund	funds
					F	6	6
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies				720	2,813	3,533
	Charitable activities
	Charitable activities				119,256	528,512	647,768
	Investment income				1,935		1,935
	Total				121,911	531,325	653,236
	EXPENDITURE ON
	Charitable activities
	Charitable activities				94,367	535,413	629,780
	Net gains/(losses) on investments
	NE'T INCOME/(EXPENDITURE) Transfers between funds				27,543 ~4,087)	(4,087) 4,087	23,456
	Net movement in funds				23,456		23,456
	RECONCILIATION OF FUNDS
	Total funds brought forward				285,982		285,982
	TOTAL FUNDS CARRIED FORWARD				309,438		309,438
11.	DEBTORS:AMOUNTS	FALLING		DUE WITHIN ONE YEAR		31.3.23	31.3.22
	Trade debtors					144,204	119,394
	Other debtors					2,667	600
	Prepayments					2,477
						149,348	119,994

CREDITORS: AMOU	NE YEAR
	31.3.23 f	31.3.22
Trade creditors Social security and other taxes Accruals and deferred income	26,185 7,802 308,465	1,087 5,670 333,632
	342,452	340,389

MOVEMEN		T IN FUNDS
				Net	Transfers
				movement	between	At
			At 1.4.22	in funds	funds	31.3.23
				5	F	F
Unrestricted		funds
General fund Designated funds			14,223 295,215	(32,534)	38,973 49,037	20,662 344,252
Restricted		funds	309,438	(32,534)	88,010	364,914
Restricted	fund			128,011	(88,010)	40,001
TOTAL FUNDS			309,438	95,477		404,915

Net movement in funds, includ	ed in the ab	ove are as follo	ws:
			Incoming	Resources	Movement
			resources f	expended f	in funds
Unrestricted funds
General fund			72,770	(105,304)	(32,534)
Restricted funds
Restricted fund			675,918	(547,907)	128,011
TOTAL FUNDS			748,688	(653,211)	95,477
Comparatives for movement	in funds
			Net	Transfers
			movement	between	At
		At 1.4.21	in funds f	funds 6	31.3.22
Unrestricted funds
General fund Designated funds		10,551 275,431	7,759 19,784	(4,087)	14,223 295,215
Restricted funds		285,982	27,543	(4,087)	309,438
Restricted fund			(4,087)	4,087
TOTALFUNDS		285,982	23,456		309,438

Comparativ	e	net movement in fu	nds, included in the above	are as follows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses f	in funds F
Unrestricted		funds
General fund			121,911	(94,367)	(19,785)	7,759
Designated		funds			19,784	19,784
			121,911	(94,367)		27,543
Restricted		funds
Restricted	fund		531,325	(535,413)		(4,087)
TOTAL FUNDS			653,236	~629,780)		23,456