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2023-03-31-accounts

Contents
						Page
Charity Reference and	Administrative		Details
Trustees' Annual Report
Independent Auditor's	Report
Statement of Financial	Activities	(Including		Income and Expenditure	Account)	12
Balance Sheet						13
Statement ofCash Flows
Notes to the Financial	Statements					15

					2023		2022
				Unrestricted	Restricted
			Note	funds f	fundsf	Totalf	Totalf
income and endowments		from:
Core funding				337,772		337,772	546,491
Charitable activities				631,809	722,720	1,354,529	1,703,556
Investments				1,527		1,527	82
Other income				9,800		9,800	4,492
Total income and endowments				980,908	722,720	1,703,628	2,254,621
Expenditure on:
Raising funds				10,321		10,321	105,209
Charitable activities			6	728,255	943,561	1,671,816	2,031,802
Total expenditure				738,576	943,561	1,682,137	2,137,011
Net income I(expenditure)			7	242,332	(220,841)	21,491	117,610
Transfers between	funds			~2220, 841	220,841
Net movement in funds			15	21,491		21,491	117,610
Reconciliation offunds:
Total funds brought	forward		15	265,413		265,413	147,803
Total funds carried	forward		15	286,904		286,904	265,413

					2023	2022
				Note	6	6
Fixed assets
Tangible assets					1,340	3,757
Current assets
Debtors				12	133,344	215,138
Cash at bank and	in	hand			607,685	530,333
					741,029	745,471
Creditors: amounts		falling	due within one year	13	(455,465)	(483,815)
Net current assets					285,564	261,656
Total assets less	current		liabilities		286,904	265,413
Net assets
Charitable Company		Funds
Restricted funds				15
Unrestricted funds				15	286,904	265,413
Total charity funds					286,904	265,413

Core Funding
	2023	2022
	E	E
Greenwich Council	80,000	80,000
Arts Council of England	254,091	254,091
Cultural Recovery Fund		205,451
Donations and legacies	1,746	6,949
Gift aid receivable	1,935
	337,772	546,491

Income from donations and legacies is wholl Income from charitable activities	y attributable to unrestricted funds in both fi	nancial years.
	2023	2022
		E
Grants	963,546	1,416,035
Fees &Other	390,983	287,521
	1,354,529	1,703,556

				2023	2022
				E	E
Interest —deposits		(unrestdicted	funds)	1,527	82
Other Income
				2023	2022
				E	E
Consultancy	income				4,492
Miscellaneous				9,800
				9,800	4,492

Analysis ofexpenditure on charitable activities
	2023	2022
	F	8
Payroll	257,667	237,684
Direct Costs	1,331,003	1,707,232
Depreciation Support Costs Board expenses Audit and accountancy Bank Charges	2,417 55,763 1,552 22,540 874	7,321 54,451 1,120 22,905 1,089
	1,671,816	2,031,802

		2023	2022
		Number	Number
Charitable activities		8	6
The total staff costs and employees	benefits were as follows:
		2023	2022
Wages and salariies Social security Pension contributions		226,983 23,140 7,544	210,959 20,178 6,547
		257,667	237,684

One employee (2022 —one) received total employee between 870,001 - 680,000 (2022—one).	benefits	(excluding	employer	pension costs) of
Tangible fixed assets
				Total
Cost or valuation:				6
At 1 April 2022 Additions				78,301
At 31 March 2023				78,301
Depreciation:
At 1 April 2022 Charge for the year				74,544 2,417
At 31 March 2023				79,961
Net book value:
At 31 March 2023				1,340
At 31 March 2022				3,757

Debtors
		2023 F	2022f
Trade debtors		22,500	30,612
Prepayments Other debtors	and accrued income	108,909 1,935	177,154 7,372
		133,344	215,138

Creditors: amounts	failing due within one year
		2023	2022
Trade creditors		68,489	44,485
Other tax and social security Accruals and deferred income (see note 14)		15,082 371,894	7,568 431,762
		455,465	483,815

Deferred	income
		Total
		5
At 1 April Additions Amounts	2022 during the year released to income	48,610 145,750 (48,610)
At 31 March 2023		145,750

	Balance at 1				Balance at 31
	April 2022 f	Income f	Expenditure f	Transfers f	llllarch 2023 f
Unrestricted		980,908	(738,576)	(231,768)	10,564
Designated	265,413			10927	276 340
	265,413	980,908	(738,576)	(220,841)	286,904
	Balance at 1				Balance at 31
	April 2021 f	Income f	Expenditure f	Transfers f	March 2022 f
Unrestricted		1,431,607	(1,122,504)	(309,103)
Designated	147,803			117,610	265,413
	147,803	1,431,607	(1,122,504)	(191,493)	265,413

Restricted funds
	Balance at 1				Balance at 31
	April 2022 f	Income f	Expenditure f	Transfers	March 2023 f
Restricted		722,720	(943,561)	220,841
		722,720	(943,561)	220,841
	Balance at 1				Balance at 31
	April 2021 f	Income f	Expenditure f	Transfers f	March 2022 f
Restricted		823,014	(1,014,507)	191,493
		823,014	(1,014,507)	191,493

Reconciliation of net expenditure to net cash flow fro	m operating activities
	2023	2022
	8	9
Net expenditure for the year	21,491	117,610
Depreciation oftangible fixed assets Decrease I(increase) in debtors (Decrease) Iincrease in creditors	2,417 81,794 (28,350)	7,321 (187,087) (23,154)
Net cash flow from operating activities	77,352	(85,310)

Related party transactio	ns	ns	ns
Information about related	party transactions			and outstanding		balances	is outlined	below:
							Income	Expenditure
							8
Royal Borough ofGreenwich		represented	by	Miranda	Williams
At March 2023							160,000
At March 2022							176,000