| Page(s) | |||||
|---|---|---|---|---|---|
| Reference | and Administrative Details ofthe Charity, |
its Trustees | and Advisors | 3-4 | |
| Trustees' | Annual Report |
5-11 | |||
| Independent | Examiner's Report |
12-13 | |||
| Statement | ofFinancial Activities |
14 | |||
| Statement | ofFinancial Position |
15-16 | |||
| Notes to the Financial Statement | 17-28 |
| Co-Executive | Director | Monica Parle | 22 February 2021 |
|---|---|---|---|
| Co-Executive | Director | Lucy Macnab | 4 January 2022 |
| Unrestricted | Restricted | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|
| Income from: | Note | Funds f |
Fundsf | |||||
| Donations and legacies |
221,898 | 10,000 | 231,898 | 196,350 | ||||
| Income - Charitable | activities | 70,084 | 70,064 | 79,348 | ||||
| Total income | 291,962 | 10,000 | 301,962 | 275,698 | ||||
| Expenditure on: |
||||||||
| Raising funds | 27,449 | 0 | 27,449 | 39,848 | ||||
| Expenses - Charitable | activities | 284,604 | 10,633 | 295,870 | 245,685 | |||
| Total expenditure | 312,053 | 10,633 | 322,686 | 285,533 | ||||
| Net income/(expenditure) | and net | |||||||
| movement in funds |
for | the | year | -20,091 | -633 | -20,724 | -9,835 | |
| Reconciliation offunds |
||||||||
| Total Funds brought | forward | 82,884 | 633 | 83,517 | 93,352 | |||
| Total funds carried | fonuard | 62,793 | 0 | 62,793 | 83,517 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Fixed Assets: | Note | |||
| Tangible Assets | 13 | 121 | ||
| Total Fixed Assets | 121 | |||
| Current Assets | ||||
| Debtors | 14 | 18,366 | 20,742 | |
| Cash at bank and | in hand | 55,476 | 91,608 | |
| Total Current Assets | 73,842 | 112,350 | ||
| Liabilities | ||||
| Creditors falling due within one year |
15 | 11,049 | 23,954 | |
| Creditors falling due in more than one year |
16 | 5,000 | ||
| Total Liabilities | 11,049 | 28,954 | ||
| Total assets less | current liabilities | 62,793 | 83,517 | |
| The fund ofthe charity | ||||
| Unrestdcted Funds |
17 | 62,793 | 52,884 | |
| Restricted Funds | 633 | |||
| Totalcharity funds |
62,793 | 83,517 |
| Unrestricted | Funds | Restricted Funds | 2022 | 2021 |
|---|---|---|---|---|
| 5 | 5 | 5 | 5 | |
| Arts Council Grants | 144,490 | 144,490 | 99,296 | |
| Furlough Grant |
1,173 | |||
| Trusts 8 Foundations | 25,718 | 25,718 | 37,490 | |
| Sponsorship | 46,200 | 5,000 | 51,200 | 51,200 |
| Donations (inc. gift aid) |
5,490 | 5,000 | 10,490 | 6,681 |
| Benefits in Kind |
510 | |||
| Total income | 221,898 | 10,000 | 231,898 | 196,350 |
| 4.Trusts and Foundations | ||||
| Unrestricted | Funds | Restricted Funds 5 |
2022 5 |
2021 5 |
| Garfield &Weston | 25,000 | 25,000 | ||
| WNPC Foundation | 718 | 718 | 6,990 | |
| Esmee Fairbairn | 20,500 | |||
| Foundation | ||||
| John Egerman | ||||
| Foundation | ||||
| The Makin Family |
10,000 | |||
| Trust | ||||
| Total Trust and | 25,718 | 25,718 | 37390 | |
| Foundations |
| Unrestricted | Funds | Restricted Fundsf | 2022f | 2021f | |
|---|---|---|---|---|---|
| Sales of Forward Books | 54,062 | 54,062 | 59,247 | ||
| Forward Events |
2,244 | 2,244 | 2,408 | ||
| Educational Resources |
15 | 15 | 3,160 | ||
| NpD pannerships | 13,744 | 13,744 | 13,566 | ||
| income from NPD Books | 942 | ||||
| NPD Events | 25 | ||||
| Total income from | 70,064 | 70,064 | 79,348 | ||
| charitable activities |
| Note | Unrestricted | Restricted | ||||
|---|---|---|---|---|---|---|
| Fundsf | Fundsf | 2022 f |
2021f | |||
| Project Costs | 199,959 | 10,633 | 210,592 | 169,240 | ||
| Fundraising | 27,449 | 27,449 | 33,199 | |||
| Governance | costs | 23,773 | 23,773 | 39,698 | ||
| Support costs | 60,872 | 60,872 | 43,814 | |||
| Total | 312,053 | 10,633 | 322,686 | 285,951 |
| Forward Prizes for | |||||||
|---|---|---|---|---|---|---|---|
| Poetry | National | Poetry Day | VQPP | Total | |||
| Project | Costs | 151,875 | 58,083 | 633 | 210,591 | ||
| Governance &Support costs |
72,803 | 39,291 | 112,094 | ||||
| funded | by | ||||||
| - Direct | Sponsorship | &Funding | 46,200 | 10,000 | 56,200 | ||
| - Earned | Income | 56,875 | 13,190 | 70,064 | |||
| Shortfall | funded by | Reserves end | 112,540 | 63,158 | 175,698 | ||
| unrestricted income |
|||||||
| Net Movement | -9,064 | -11,627 | -633 | 20,724 |
| 8.Analysis ofgoverna | 8.Analysis ofgoverna | 8.Analysis ofgoverna | nce and |
nce and |
support costs | support costs | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| The foundation initially |
identifies | the costs of its support | functions. | It then identifies | those costs which | relate to | ||||||
| the governance function. |
Having | identified | its governance | costs, the remaining | support costs together | with the | ||||||
| governance | costs | are apportioned | between | the key charitable | activities undertaken | in the year | ||||||
| Analysis of |
governance | and support costs | Note | Support | Governancef | |||||||
| Subscriptions | and | Donations | 430 | |||||||||
| Office & IT Costs (inc Rent) | 15,593 | 1,928 | ||||||||||
| Staff Costs | 10 | 38,903 | 7,350 | |||||||||
| Irrecoverable | VAT | 4,867 | ||||||||||
| Legal, HR, Banking | & Insurance | 128 | 727 | |||||||||
| Hospitality | ||||||||||||
| Audit | 4,000 | |||||||||||
| Consultancy | ||||||||||||
| Depreciation | 121 | |||||||||||
| Accountancy | 9,769 | |||||||||||
| Irrecoverable | Debt | 840 | ||||||||||
| Staff Training | ||||||||||||
| Trustee and | Board | Meeting Costs | (inc. Recruitment) | |||||||||
| 60,872 | 23,773 |
| 9.Depreciation and ac |
countancy fees |
||
|---|---|---|---|
| Net Income/(expenditure) | for the year | 2022f | 2021f |
| This is stated after charging: | |||
| Depreciation | 121 | 291 | |
| Audit Fees | 2,000 | 2,500 | |
| Accountancy | 2,500 | ||
| Bookkeeping | 9,096 | 10,249 | |
| 13,717 | 13,040 |
| .Analysis ofstaff costs. trustee remuneration a rsonnel |
nd expenses, and the cost ofkey manage | ment |
|---|---|---|
| 2022 | 2021 | |
| 6 | 6 | |
| Saladies and wages | 129,323 | 89,646 |
| Social security costs | 8,251 | 4,836 |
| Pension costs | 5,928 | 4,199 |
| Trustee expenses | ||
| Freelance Project Managers | 11,314 | 24,217 |
| 154,816 | 122,898 |
| 13.Tangible Fixed Assets | |
|---|---|
| Computer | |
| Equipmentf | |
| Cost | |
| At 1 April 2021 | 874 |
| At 31 March 2022 | 874 |
| Depreciation | |
| At 1 Apdl 2021 | 752 |
| Charge for the year | 122 |
| At 31 March 2022 | 874 |
| Net BookValue | |
| As at31 March 2021 | 122 |
| As at 31 March 2022 |
| 14.Debtors | ||||
|---|---|---|---|---|
| 2022f | 2021f | |||
| Other Debtors | 5,000 | |||
| Other taxation | and sodal | security | 767 | 522 |
| Prepayments | snd accrued | income | 12,599 | 20,220 |
| 18,366 | 20,742 |
| 15.Creditors: | Amou | nts falling due within one year |
||
|---|---|---|---|---|
| 2022f | 2021 | |||
| Trade Creditors | 1,137 | 3,950 | ||
| Other taxation | and social security | 2,411 | 2,358 | |
| Other creditors | 3,441 | |||
| Accruals and deferred | income | 7,500 | 14,205 | |
| 11,049 | 23,954 |
| 2022f | 2021 | ||||
|---|---|---|---|---|---|
| Accruais | and | deferred | income | 5,000 | |
| 5,000 |
| Current Year | Brought Forward f | Income f | Expenditure f | Carried Forward f | |
|---|---|---|---|---|---|
| Unmstrictad | funds | ||||
| General Funds | 82,884 | 291,962 | 312,686 | 62,793 | |
| Restricted Funds | |||||
| VQPP | 633 | -633 | |||
| Agaopp | 5,000 | -5,000 | |||
| Felix Dennis | 5,000 | -5,000 | |||
| 83,517 | 301,962 | -322,686 | 62,793 |
| Title | Forward Arts —final accounts |
||||
|---|---|---|---|---|---|
| File Name | Forward Arts Foundation - Final Accounts |
31.03.2022.pdf.pdf | |||
| Document | ID 771904d1929449148f8fge10d55b082a |
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| Fingerprint Status |
919e9d6173d06b9a6c47edf1931de5df RI5 |
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| Document History |
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| Document | Document Created bY Omar Fadhil (info@forwardartsfoundation. Created Fingerprint: 6e58d5a193c34eef341bc236c4a2b0eB |
org) | Dec 162022 12:5BPMUTC |
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| Document | Sent Document Sent to Jamie Andrews (Jamie.Andrews@bi. uk) |
Dec 162022 I2:5BPM UITC |
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| Document | Document Viewed by Jamie Andrews Viewed Ip: 104.47.20.254 |
(Jamie.Andrews@bi. | uk) | Dec 162022 01:43PM UTC |
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| Document | Viewed Document Viewed by Jamie Andrews IP:86.3.150233 |
(Jamie.AndrewsObl. | uk) | Dec 162022 01'43PM UTC |
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| Document | Viewed Document Viewed by Jamie Andrews IP:20.0.43.167 |
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| Document | Signed Document Signed by Jamie Andrews IP:863.150.233 |
(Jamie.Andrews@bi. | uk) | Dec 162022 0045PIVl IJTC |
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| Document | This document has been completed. |
Dec 162022 | |||
| Completed | Fingerprint: 919e9d6173d06b9aGc47edfI 931de5df |
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