REGISTERED COMPANY NUMBER: 02942151 IEngl*nd and Wald) REGISTERED CHARITY NUMBER: 1039555 MENTS H 21122 GART StsffoTds & StsttJry Auditors Unil l. Cambridge Howe can)rOBsInesS Patk OakingtOD Road, GiTt C)mbridgeshire CB3 IJIH Illl AeF4UAP0' 211012022 COMPANIES HOUSE
WYSING ARTS CHARITY ONfEIYTS OF THE FINANCIAL YEAR IMAR Page Report Ofthe Trwtees Report •f th¢ Independent Auditors 16 to 19 ststement ofFinn¢i81 Actsviths 20 Balance Sheet 21 Ca$h Flow Stat¢m¢nt Notes ts the Cash Flow Stst¢rn¢nt Nottt to the Finnci•l S¢#t¢meTrts 24 w 38
WYSING ARTS CHARITY Gl ERED N MBER: 21 REPORT FTHETR srEES R THE YEAR ENDE The tnLsle¢s who ale also directors of the charity for the Purp of the cornpaw.es Att 2(, pres¢nt their report with tht finan¢ial Stsiemettts of the chan.ty for Ibe year eDJed 31 March 2022. The trustee5 have adopted the provtsrons of AoUnting and Rwrtrttg by Chatriies." Stat¢mcnt of Re¢omtwded Practrce applrcable to charitics preparing their account5 in accordwe wjth FJMn¢ial Repornrtg Swidard appli¢able in the UK and Republic of Ireland (FRS 102} {effective l Janwy 2019). Page I
WYSING BER: 0294 REPORT OF THE TRusfEES YEAR EN OWECTIVFS ANT) ACTIVITILS Objectives #od aditrities Wysing Ans Centr¢ b¢ii¢ves that art and artists bave a vitsl role io pky in SLxiety attd thai opp0mlticS iti the arts have not always be¢n fairly 5har¢d or a¢c¢ssal by all. We believe that everyone wh) she$ io should have the OppOrnity io explore their creative potential. We develop pmn that SI41p artists ai every stage of Iheir lives and careers. that offer time and space for peTSooal d¢velopmeDi artistic and experimelltstion. and a¢cess to supportive neTh¥orks. We actively seek to give a platforn) to voices that are perceived to be marginali5¢d or nder-repiesenled. We we committed to estsblishing national a1 iDternatioDal partnership5 and ¢oUaboratioDS that sllpp itmovative and exp¢rim¢nlal art ¢ulThwe ts be Created aTwJ shartd. Or8aDtsadon•l objertive$ 201&22 ARnSTS: Enable artists of all backundS to tbriveLkvelop a range of programmes that suppon artksts and artisti¢ PTadic¢ln¢rea5¢ the diversity of anisis we supportDevelop IKal. national and int¢rnational strategic partn¢rship5 and ne$ Enable a range of audiences io eDgage wRth CODtempordry art aDd ideasDeliverhi8b quality public aNJ engagement piogratnmesBe strategic in largctsng audiences for artwork Ixyond ow ge0p"¢ i)undan"es Enable flnancial and or8anisational resili¢nc¢Develop and sustaiti new owdeb of self.gen¢rni•J alld contributed rncomelDvcst in 5tsff developmeitt and governan¢eMaximise the wential of our unique sile AUDLENCES.. ASSETS.. To achieve IL5 aims and objectives, WysuTrg delivers a range of progra both ai its Site in Nral Cambn"d8eshire and throu) partDer5hips nati(1 and iDternatioDally. The otganisation uses an anmnl OFwating Plan whicb tracks ctivity acro all aspects of the tham"ry. Wy5ing's Business Plan iludeS measwable A¢tioths against exh Ooanisaibonal Objective. with named slaff takS responsibility for srKcif¥c areas. and incudes financial planning and risk management alongside a range of policies. Key Perfornwce IDdicators for all stsff and ptO8rotnmes ate WTitteD inlo the Bwiness Plan which art monitotrd and TeBularly revmyed. Wy5ins's cuirent BAnesS P]aD IS pryated to 2023, with a sI1fit pre$S of review plaoned for Business Planning 2023-26. Wysing's NPO funding 15 in pJac¢ to March 2023, and an 4)plication has been made to Arts Council England for NPO fiths"for 2023-26 settin8 Imlt how W]D¥S straiegi¢ obje¢tives all to those of kns Council England's new Let's Creaie stta8y. B]nesS planning fortbe funding pui¢xl 2023-26 will cornplete in 2022. W¢ evaluate ail our work through feedback fornts to artists. ¢olltribukn and audiencu. Artists taking part io residencies. retreats and oth¢r dev¢lopmeni PTognmmes provilk forn)al ltren evaluation thai is assessed by staff ar future programrnes are adapted in rc5ponx (Jstion$ have deVelod by exiemal evakutor and measure the quality of experience to the dcvelopmeDt of artisW prxtice aDd weers. Those attending events and exhibitions provide evaluatitin to ensure that we are providing an excetlent visir exp¢riett¢e. Feedback is sought verbally througb wtinett fomts disthtsuted at events or via online surveys where events have required advance iK)king- Evaluation is collatrd and presented at stsff so that a115tsff can input into making improveroents a¢TOS5 tbe OTgattisatson. Evaluation dats is presented annual]y to Wysiog's TnL5tees for review. This includes proms in latiott to artist at visitor demowhics to n*et tsrgets around diversity. alongslde infornutsort on the quality of artist artd visitor experience which is demon5trdted tbrou8h quotgj feedb¥L R¢vi¢ws ftom press aDd social meth"a ale also motiitor¢d. Page 2
IN REPORT OFTHE TR EFS AR ENDEDJI OKIECTIVES AND ACTIVITIFS Key actSvit5es in 2021122 idenci We were able to resume on site residenci¢s in 2tr21. We Continue io offer artists a flexible nwdel that allows them to deterniine the length of their visivs as part of their Te5idency time. Restdency artists ilUde Sonya Dy¢r, Leah Clem¢tts, Kele¢' Anu¢h4 Carl Gent, Lda Stupart. Ruth Angel Fthvards and Chk>ee Maugile, Ain Bailey. Deborah Findlater, Shenece Oretha, taurd LAdika, Ilang Lintw Maeva Bertheiol Coby Sey. Giles Routtd, Rtstb Beale and Sickness Affsnity Group, among otIry. We ColUed to provide remote rtsidency 5UPF lo artists Includjng MJam Dats attd Juliet Jacques. In partnership with Viial Capacilies and ICA Cape Town. Wysing Arts Centre host¢d the fifih Vital Capaciti¢s oline restden¢y ..]uuse. Siphenati Mayek]so, Nadine M¢keDzie and Rebtkah Ubuntu. Vital CApacitie$ provides an acc$1b]e, purpose-buili digital residency sp2¢e. that siwns artists. practi¢e while tn8a8in8 audiences with their wor Followng th¢ re$iden¢y in Augwt 2021. wwk was presettted a5 part ofan Onli exhibilion. We supported a r¢sidency for Carol Sorhaindo as pan of The World Re-imagme4 bn'n8in8 CaTibbcan-b&%td artists to the UK to r¢5earch legacits of the transatlantic slave tradt. British Council in parthu5bip with WysinB Arts Ctntre and Digitsl Atts Sttth hc6ted NeVIWoTL a f(w.week residency that rdn from 25 O¢tobtt- 19 Novembcr 2021 off¢ring artists a period of refl¢¢tion, fesearch, pncti¢e. skills ¢x¢hang¢ and professional networkin8 OPPOrtuthJlies focused on digital artistic practices and txhnologi¢s. Th¢ online r¢sid¢n¢y points of ¢onne¢tion between four diffeffnt prdctices. The sessions in the residency provided critical support in the fomi of m¢Dtorin& group conversalions, prnblem solving 'sllrgeries'. 8uest talks and readin8 group5. These 5¢5sion5 weT¢ used to 1¢5t ideas, te 4)Ut solutions and suggest new directi¢)DS. Wysing worked with artists LauTa"Andreato. Abdul Halik A74 Waiteha Bal1 and wejY Teo. with Anna BuJJiinE-Bran¢h as Artis¢ Advisor. Digital Arts Studios hosted Abthar Plati5za. Aryjré Schu¢4 Wisrah Vilkfori and KesaTa Rallmvibushana. Arrists look psrt in a programme of a¢iivilies including peer-10-peer ¢x¢han8e. m¢nloring. group ¢ritiqU¢s and PT¢senthtions. including sessions by Adbam FarnDa. Leyya Mona Tawil. Alic¢ Buckmell, Sonya DyuaDd David Blandy. Hannah Wallis is an artist-curator. r¢s¢affh¢r and co-r of Dyad CTeatÈve. She continued her residency throughout th¢ year ¢onduclin8 r&search as parl of an inllovative prOgraMn io su5yofi the Career development of Dldeaf and Disabled Curator5. in partnership with DASH. MidlaT)ds Art Centre (MAC) and Middlesbrough Institu of Modem Art (MIMAI. Hannah curnd our SUTllTner exhibition Version. with Ain Bailey and since completing her sidency now jo]Ded the permaneth sraff traTD at Wysing as Assistant Cwator. We delivered 30 ffsidencies 126 on SI 4 rem¢} acwoss th¢ y¢ar, Supporting a totsl of 76 artists. Some of these Tesid¢nci¢s were fiuthd by Wysing aNI some involvoj providing free s4)port or *comm(Mlation for artists working ot) Vario projects. itu)ns We ¢ontinued to SUPPOTt the onl1r broadcast of Transmissions. platfoming Season 3 of the show. We sworted the online broadcast of Adham FararnawS The Heart Wants What The He•n W8nts. as of Art Nighi irt 2021. Wysing Broadcasts website hosted 10 Dew digital commissions from Dylao Fox, Poppy Jones Little. Gloria Ogunyinka, Swan Meat. Ruth Angel Edwards. Icckny Viol¢( Sarah Hayd•) and Salma NCAY as well as providin8 an online plarforn) for a rattge of other ¢ommissions tskJn8 place through exhibition or event nk1ft8 at WIng. Ow ¢onJmissions in¢lu&d new works for dtsplay in exbibition as well as new live [fornI. We commissioned sdi0 artist Caroline Wendbttg to prUC¢ 'Hywteinousa', an audio walk experience guiding visitOTS around WysinS site, available io exwience in person atyj online via BroadcaY5. AMPlify- online exhibition - l April to 17 June 2021. This ¢xhibition plarfomwd exwimentsl works designed by the youn8 artists {aBed 18-25) who tLKsk part iu AMPlify resideocy. Page 3
AR TERED N MBER: RT OF THE TRUSTEES HE YEAR ELIDED 31 h(AR FOR 0ECTIvEs AND ACTIVIT NeVIWork - 21s¢ Febnry to 31st March 2022 An I17ne exhibihon of work by British Council NeVIWork ReSid¢n artists taw8 Andreato. Abdul Halik AzeeL Wajeeha Batty)l and Wendy Teo. pre5entin8 the development of the artists. digitsl research during their remdenry earlier in 2021. From games to interactive audio and fl the exhibktion pre5tnied thest very diff¢r¢nt practices througb the ¢ODneaions aThJ re¢ipro¢ity formed b¢teD the artists. Events We preserfed Dtsktop SttNlio Visits With Ruth Angel Edward% Crysts]Imess and Ain Bail¢y giving viewers insight iDio the ideas aDd research cothte4J duritig their engagement wtth WysiD& Club Urania. a new partn¢Tship with C•mbn"dge Junctiofy laullcw iti early 2022 providing Wy5in8 Wlth an opportunity to Collatrate on the curation of a new live event in Cambridge city. Club Urnnia provides èn LGBTQ+ inclusive space, live perfornJaTKe and oprn mi¢ slots. In addilion. Ihe eveni thkes an iniegrnied appToa¢h to occessibility, offerin8 captioned and Iivutrearri for mnote allenceS. Works wue presented by Whiskey Chow and Pink Suits. As well as Ihe live perforn)ances presented at Club Urania and our annual festival. we hasted live events with Linda Stupart, Carl Gent, Coby Sey and Maeva Berthdot as part of thetr e¥hibitions pmgTamme. Studio Pro Through the award of Culftjral Recovery Fund fmm DCMS. we were abk to siroyide Sti1 renl relief b¢tw¢en April and June 2021, although we saw a trLuge ttlrnover itt S.0 o¢¢upan¢y ill September 2021. Dern for sh10S T¢main high, with th¢ Sdi0$ again in fvll 0¢aarKy. We welcomed Isokl Meredith Hardy. Sq>hie Hill, George Mannin& CJ Mahony. Rohini Kapil. Beverley Carruther5 and J05bua McCornn¢k to join the studio programme in 2021. We Ied an SU70$ evettt in August 2021 as well &$ an OPPOTturrity to 51we th¢ir work throuth an online event in De¢ember 2021. We provided Sdi0 artisi Rob Fosr-Jone5 the opw>rtwiity to exhibit new ceramic works alongside Carl Gent and Linda Stutrfs autWDm exhibition. Our aduli art ¢oi]rses provided Sdi0 artists with the opportunity to teach and facilitste ¢tIVe learning for new audiences. We delivered Moulding aDd Castin8 With Florian knithma)r, ]nk Making and Drawin8 with Caroline Wend]ill& Experinwiral Photoyakthy with Ematsue]a cus. interprettDg Pattern5 in Nature with Beeny HarWoa Purkiss, The Surpris¢ of Drawing with Penny Kkin. Oil Painting with Damari5 Athcne and An Introduction ts) Geometric Painting with Aaron Ossia. sin on Tour Touring aciiviry was sigmficatsdy rnlu¢e4J in 21-22. altknu8h Wysin8 led a wIortillM bid for th¢ Te5earch and development of Wew Hisiories.. a PLthli¢ art prtsÈram leathDg on from the regional serie5 Of wmmissions through W¢w Geographies,. The research and development fuThJin8 secured through Arts Council England has enabled pae[S in Essex, thlchesw and Greai YanDouth commission artists to work with l(Thl eornmunities wh05e stortes have not been told. While Wysing h&5 not actively new comrni5sion5 this year. it is often the case that work or research that has ken place at Wysin8 8ocs on to Et shown clsewhert. As an example, Morgan Quatntstlu's film, 'Missing Timc,. mmissioned in the summer 012019 as part Of tlK alumni exhibition 'AII Hi5 Ghosts Must t)0 My Bidding,. was showll al the Johts Hansard Gallery iti Southamwon dunng May to Jur¢ 2021. Trustee S¢*tement on Pvblie BtDefit li is rhe Tntsitts, iDteDtiOtL is to ensure that Wy5ing c(mtinues io phy a wjique role in prowth.tsg higb quality facilities and acceu io inoovativc pro8rd[tllts of contempmry art for the beJ)efii of artists and for wider sociery. Wysing PTovides SDJditi accommodation (where th¢r¢ is a significant ned shonage of srndio provision in Cambn"dgeshirc, especially provision that L5 affordable), 1$ on¢ of a few rwal venues ID the UK that offcr funded residency pportunities. as well &$ funding ntw work to be created and sknwn * our site or POTther venues. It is a priority for thc T[tee5 to coniinue to furtber tht divetsity, a¢¢es5ibility, reath and impau of owwotk Page 4
TERED MB 2] RT OFTHE TR TEK8 FORT R ENDED 3 022 ACHIEVEMENT AND PERFORMANCE Significant Ch4ritable Activities Significant ¢hritsble •¢llvilies in 2021122 Artist support and development ¢onttnye ro be ai th¢ heart of Wysing's off¢r. Alongsde the tjme, spa¢e and public ' plarf¢)nns, we know h¢)w imrtant it IS to provide artists wilh Sw)1 networks, rKer to peer learning as w¢ll as advice. ID 2021, we deknvered a new Reception 121 progrnmme. offeriDg one to One and group advice sessions to artists across the COUDty. comtnittins over 2(M) hour5 of stsff iirne in delivery of se55i0Trs. Artists had acc¢ss to different members of the stsff team for I htyJr online medings attd wete able io seleci staff based on their areas of interesl e.g. makmg dIra1 work. applyitig for opportulliiies, tea¢hmg aThJ fa¢ilitstion or feedback As well as regular sessions with members of ti curaiorial ieam. we fa¢JI1tht group sessions with ACE Relarionship Manager Dipak Mistry to offer a briefing on nking a DYCP appli¢arJon. b8¢1 thice sessions with our Head of Operwtons, maklng a website wilh our Diytsl Produttr, as w¢ll as s¢ssions with two of ow sti44io artists. Through thJ'5 progr8mme we engaged 237 artists. Duritig 2021 we launched our Access Sieeritig GTOUP. The Access Steewing Commissioned disabled artists to thare their lived experi¢ntt of the bam.ers ed when tly ettgag¢ with arts instiwiiotts. Tbe artists were paid for thcir critical feedback and their work will Wysin8's fvture endtavours toward$ greater acces5ibdity, which although will be an ongoing journey. h35 alrrndy provided infOatiOn ihat will shape our rebrand, new web51te and sytt legibility. We have a continued commitment to the WOTk of the Access String Group. and would like to Ihank the artists wbo paAicipad in ikn"s fir51 scrie5 of Proj Ashokkumar Mw. MJ Bla Sam Md4 RA Walden. Joanna Holland, Linda Aloysius and Uma Breakdown. Advocac forArt' We worked ¢105ely with arts sector colleague5 continuiT)g to adYÈKate for fair pay for artists. Through sertor nernvorks including CVAN and Plus Tat& we advocatrd for pay Teview and gre•rer transparency from institutions in their ¢ommissioning pro¢¢sg. Exhi Version by ALD Bailey- 12th Julyto 22nd All8t 2021 Sound artist aTKI DJ Ain Bailey presented a series of new sound WOTks for Version. the first onsite exhibition at Wysing Arts Centre of 2021. Instslled in three parts xross Wysing's sile. Ik title paid tribute to the fversion, of vocal reggae Throughout the exkn"biti0 Bailty broughi together soutsd and sculptuff as mearts to expand OD as atsd tethm.ques of 'sorti¢ biograpby. a geDera¢rve njethod of sow)d explorntion thot the artisi has feSSed over the years. Presented across the 5jte. Bail¢y produ¢¢d a s¢ric5 of works thar reflect on the arti5Ys Jamaican heritsge, from the prtsition of 50mwne WI has rffjt )rt Visited the island. The three sound pieces weTE accompanied by a translation. wrritten by artist and WTiter Taylor L¢ M¢ll¢. Pr¢s¢nt¢d alongside ibe souttd woiks as a ¢eXal 'vttsion' ofthe com$S10% ibese acied as an eXper]nlI in SOUDd tran51alion, whereby soDi¢ components are sbared in alternative ways. This elemeni was developed ID pattneTship with exhibition ¢uraior Hannah Wallis. as part of •) exoron of how 9)und Works can be m* more arxessible for DJdeaf auth'encu. rin 18th 5th Pr¢5¢nt¢d as part of Test Spatt.. this exhibition bTght tog¢th¢r work in Ceramics and with $Its from ¢XFtrirnents in photogrammety software. An E¢lKS Jmpritited reflected on the cave as a Point of origuL both culturdlly and spiritually. The installation drtw upon Foster.Jones' recent eX[wen¢ of becoming a father himself and the loss of his own fathu. to coThr¢mplat¢ how we remember. MInle, aDd how tleetillg MenleS Can leave an indelible marK or become abstracted ID time. An wtd(w)r perfornjawe mthed 01108 of An Ecbo Imwitited on 16 O¢tober. thenah wi b Kelechi and Lin 18th 5th 2021 Page 5
IN AR 21 REPORT FTHETR EES R THE YEAR ENDED 31 ltsstalled Wysing's gr(yJnds. gallery and Amphis buildiD& the ¢x7)llIon ]luded wec¢Dt sculptsue and video work by Geni and StyJpar( with sound work by Anucha and Gent The exlll"bitioD feaDred a eW sonic collage buili from field Tecorthg5 and live FrforTnaDCts conducted ID aDd near the grounds ai Wysing wilh new recordings of various folk songs woven inio the wider thF. and then. a harrowing made visible how narrative m¢S frorn latmjscape and PT(thS experiences of il. weaving new. intimt< unguarded, and ofteD violent sllxies aDd spaces fw land ill ¢risis. A Tender Asccnt Mxva Berthelot and Co ed 2nd March 2022 Developed, filmed and presented in Wysin8'S gallery, A Tender Ascent was an immersive auditrvisual installation bringirbg togcther filmcd perfowTnance and 6.1 surround sourt frorn choreographer and perfonner Ma¢va B¢rthelot and musician. vocalist and DJ Coby Sey. The exlu"bition was cornpleted with r 5culpture5 deyeloprd with artist Alexat)th Bavard A Tettd¢r As¢eni was a stydy of ¢ollaiwxation asebb al t]ow. R¢f¢rencing th¢ strangene of 5cienc¢ fi¢ti(ffi and the everyday moments of isolation caused by ihe pondemie. the work sees B¢rthelot and S¢y rnoving in and out of synch with the soundrra¢k. the nawral worfd. and each other. as their roles become fluid and hierarchies dissolve. A TtTKler Ascent represent¢d the culmination of work begun thwing Wysin¥s BrdCaStin¥ ttmed yeax itt 2020. when Berfheloi atwj W were io.residence at WysiD8 together. alm ic While ihe effects of the Covid pandemic were ongoing dwing 2021, we adae4 our festival io Covid safety- teducing overall capacity of the event by s/0 and operating a fully wtd(w ¢v¢nt. Titled UJ¥ier Ether, after the element thought to tonne¢t us to other rea]ms. Wysing PolypIniC stwd the thresbold of magi¢. th¢ esoteri¢ and speculative bjres. preseniitig an intimaie day of 01.alr wfora¢s, m%1¢ and readiD8S from CAMPerVAN, FAUZIA (Live). Ignota.. MJ Harding & Nisha Ram2y8. Julid Jacques. Missa Malik & Yeshe Bahamon-Bee$ley, object blu¢ ond others. addition to the live tvenl, a coUaFnrntion with Ntw Art City has ¢nabl¢d an ac¢essibl¢ and immersive online experience wbere all of the perfomwes Can be vmyed as part of an augmcntcd vtrsioo of W1n& https'.Ilnewart.¢itylshowlwysing"polyphonic SyJlbus Syllabus, Wysillg's aJtisi development progra. ¢onvened in paerSh with Eastside Projects. Iniva. Spike 151and and STrl0 Voltsir¢ continued during this Sy112bus V parncipants concluded their Pstyoned prograTnrne in J)uary 2021, whil¢ Syllabw Vl participants OTganised succeufijl gatherings at Spike Island. Eastside Projects. Studio Voltsire, lniva and Wysin& Syllabus Vl was Support by artisi advisort Sandbu and Jad¢ Montserrat. Contriiwtor5 in¢ludrA Adam Farah. Florence Peake. Harnn Morrison mort. Dunrtg thi.s perirt we were awarded a siwfi¢aDi 1¢ of £5(N).O(M) from F¢[and5 FouDJatioTr, which rtccivcd press coverage includitig in th¢ Guardtao focwing on how this prOgDn¢ has ¥ partthlar emphasis on 512PPOrting n)inoritised artists. This will secwe the progra.$ fuDJre for the nexr 10 yeajs. Cblldren and Young pe•ple iKluding AMPIIfy In 2021-22 we transitioned from Onli to in P¢TSOn session From O¢totT - Febwary w¢ worked with anists Dylan Fox and Litwja Srupart (trn New Hi$toJies, as Part of an Arts Council R&D graDt across the Eam of England. We WOTkal with yiA]ng people and their families through th¢ Kit¢ Trust Icarnbridgeshire's leading LGBTQF chariry $wornng youttg people). with the CODversatioL8 and creative collab¢)rati¢)ns leading to tb¢ creation of six flags and five ivotin patches for Clothing a150 OD sale as editiors. Five will dksplayed at youth sessions led by Kite Tnlx and ¢ on sire at Wysing Art5 Ccntre. Page 6
IN ART ERED NUMBER: 151 REPORT OF THE TRusfEE E YEAR ENDED The de5Lgts are buili from disa10$ with pIe ai Kite TDJSt sessioDs. arou1 inteT¢sts iwluding tarot ¢ards, Crystals. WLt¢bcraAi animals I ws. fitrjmg acceptance and joy in nalurc. The slogans on the patches Con from discussiens at Ki Trust sessioos betsyeen the young wple. their farniliA artiu Dylan Fox. and Wysing Arts Centre employtts. Conversations protection of tra% y(Am8 power over identitie& resw. safe spaces. athd joy. We forged a new Telationship with Cambndgesb]re Settsrry Suppirt TeallL wbo work with young p¢ople who are dlDeaf I visual tmpaimiellts I multrsensory impajrnts acr055 the COUDty. We e1ved fjmdiD8 througb Disability Arts ShrOpshi to d¢liv¢r the project with this group, with match fi]ThJing from Esmee Fairbarin Foundation. Sessions took plac¢ from January - Mah 2022, workin8 with clai Gebbett from Th¢ Nesi Project. and Seo Hye L£e. The group created collalM)rative banner5, a nest in th Wdian8 and a new sound work. The group will r¢turn to Wysing in AuDJn]n 2022. and we aim to build long terni.latiOnships the S¢n¥ryy Sufv Te•nL We reviewed how w¢ work wsth Kettle'$ Yard throu our Cirojit Pro8fdmme. l# February 2022 we began working with young people from Cambrnlg¢ Regional College. The young people who porti¢ated in the proJe¢t had never been lo cither Kcttle'5 Yard or Wysing Arts Ccntre before. In this y¢ar ihe Sdents worked with Bettina Fyrnee. supported by Eveljy WIK)rrnlI.CaneI1. Josb Biliott ai Kettle's Yard and Itt with studio artist Soh¢>ia SokhaDvari 8¢ Wysin& The third edilioD of AMPlify, a residency to supw)rt tIll3 aged 18-25 to tske part in workshops and ¢reat¢ new digital ort. The arfftsts Came to Wysing in (knber. and a series of online workshops followed. with young people supporred to sly)w their work onlitie In April 2022. The participating artis15 this year wert.. Sarah Al-samj, Eli¢ Ardet). Billie Baxter, Harry Cros& Lucy Rose cwjllgharn. Zoe HardiD8. Rowan Petrow and Meitao Qu. Tlw wer¢ SUPPOrted throu artist workshops and rDentoriDg fron) B(eakthwn, Dylan Fox. Carl Gent aDd R¢bekah Ubuntu. We Worked with artists Abi Pa]mer. Cbloe Co(Fr, Ashley Holmes and Dylan Fox 10 create a serie5 of resources to support the Per50Dal. &Kiai. Heahh and F£onomic curti¢th in 0dary s¢hools. The reS{rtU will launch in Autumn 2022. We worked with cambridgeshi Early Help wm tn Ramsey. Sawtry and St Neots. whcre yiyjng pwle took parf in online workshops with Urna Breakdown and Linda SbJpar( and a hybnd Worksh with LawTeth¢¢ Epps. Wysing worked ID collaboratlOD with Damaris AtheDC and the early h¢lp t¢art) to create tbree videos that iDspw¢d young people to explore their thitity through paintin& perfomJarKe. storie5 a1 campaign5. The early help team cov¢r a wide geographi¢al area and are ttot always able to bring Yj8 people together. so the resourees were devised to pport young peIe remotely. The resourtts will be us¢d 1.2-1 and gro sessions lcd by the youth workern. They a150 be accessed ind¢wdently onlin¢. We hosted surnmer s¢11 visits frnrn LinkKL Village Colle8e. wrtiD8 with Aaron Ossia and Lrtie Poukt, and Sawsttsn Village College. workin8 Enwiuela Cusm. Wt also continued working off site at St Peter5 School in Huntingdon and N¢Ale-Wade A¢adwny in Mar¢h. Th¢ art15ts who suppthed our s¢hooLs ProarnMe wete.. Penny Klein, Naorni Harwin. Ben Doherty, Damaris Ath¢neJDresser. Emanuela Cwin, Caroline Wendlin& Sophie Hill, Atexis Pwinas. Rolxrt F05ter.Jones. Soh¢ib Sokhanvari and Mannin& We were $CeSSl iti receivin8 furtding fro The Ragdoll Foundatiw match fvnded by Esmee Fairbairn Foundatioti. whieh sees ihe launch of our rw youth council in Summer 2022. In preparation. we ran a youth voice 5e55ion ai WysLng in March arouNi Youth voice. WI Dylatt Fox led a creativt activity to inspire colleagues from Connection$ Bus ProJe¢L a portable youth service in cluth¢shIr< and Carnbrid8e Virtyjal SchcKJl, WIKJ SUPPOrt IrA)ked after thildren and car¢ l¢aver5 ¥ross tbe County. Page 7
ING AR ISTERE BER: 02942151 REPORT OF THE TR R THE YEAR EP4DED 31 022 ACHIEVEMENT AND PERFORMANCE Acbievemenl Athd perforounce Wysing's Business Plan for 2018-22 included targets for ]r Twork with artis audiettces and our ass¢ts. Artists Acb]"eved ID 21-2 Residences 20 30 Exhibittons 2 ¢)Dline3 on sitc 3 online3 on site Digital comrnissions andbroadcasting Grow online produ enga8¢m¢nt by 2A Reded 51rA Syllab 10 artists and 2 artistic advisors Major fimdiD8 bid achieved with the Ftcelands Foundaiion to se¢uTe the progTamme for 10 years, includin8 coordinator, bursaries and more parln¢rs In¢lwion 75'Aof atti$ts eng8nE iti our We Coll sthtistics for 27QA of the artists W¢ WOTk¢d with.of the artists that returned surveys:37•/0 identified a5 di5abled5•1 85 neurtyJiverse68°h as femalelV/ as non binary120/• as trans45°h as global rnajority51•/0 a5 LGBTQ+ SttHlio provision 20 20 Artist devel¢)pmenl- Reception 121. nomirtations. letters of supp)rt 450 artists thrw8h Reception 121s 237 affists supported through Reception 121s P8rtn¢rships ECVAN & CVANPh Tat&Syllabws ECVAN & CVANPIUS TaSyllobusCambrid8e Junctiort IDtcrDatiODal prtDcf5hips Vitsl CapaclticsNev01k Vital Capa¢iti¢sNeVIWthThe World Reirnagined AMPlify 8 artist digitsl missIOnS l. other commissions taking pta¢e early 2022-23 year Children and young PeOt8 Reach 2C(l yowigpeople aged 12-25 910 yOg people engag*J throu8hour ¥tivilies Achieved in 21-22 Crealion of youtb ¢ouucil 6 att¢Ddees P4¢8
wysi EGIgRED NUMBER: 02942151 REPORT OFTHE TRusfEE THE YEAR ENDED 31 MARCH 2 ACHIEVEMEiYf AND PERFORMANCE Circutt & circuit route5 PTogrnmme 2(Kl yowig peopEe 253 young people Schools provision WLMked with I l %knls direedy aThJ ly)sd the Art Bytes rwonal 5 Awards corffjpkted I wnpleted IMt 4 ongoing Education parinersbips with marginali8ed 8rnups Publi¢ programn 20 eveuts 32 events (including online events such as desktop studio Visits with artists) Wy5in8 on tour Achieve audicnccs of look Internati¢)nal partsthips were focused on online exhibitionslevents. The Wortd Reinu8iD¢d public art cijmttwsions will r¢ach huge worldwide audhence5 durin8 2022 (slats not available yet) Community groups Engagementwith 3 n¢w community Efoup5 3- Sensory sUprt Tw Youth Voirx and Rams¢y Famity offer Not developed yet. planned for 22-23 engagement for fami"i ECVAN New Historie5 project Delivered- evaluatiOD undenvay Bridge and LCEP Working Delivered Abo part of Enga8e Dive Inclu Our a¢hi¢vements in thi5 area I]ude firther diversifying our Board and staff team and conlinued investment in staff training around disability, rrturryliveThity and anti-wism. Fundraising performance against objettiyes Fundraising for tht or8anisatioD is erntrded actoss the or8aDi5atiw Freelance filndraiser, Salldy Weiland, works with the team to develop bi&s. Alongsi(k rain8 fiLTrls to meet annual bud8ei tsrBets, we continu¢ to build new partsieTship5 and ronsortia enabling u5 ty rethKc specific pr0mMe blEets and shue costs. Wysing is grateful io have len awarded DCMS Cultural Recovery FuDding. This 8fdnt enabled us to provide three months of studio ret)r relief to SDJth"o artisw to CO15570n a]¢£ around the development of our ¢arned income strengthellitig our fJ]Mn¢ial Tes]lience ptsdemic. as well as contributing to Covid 5af¢ty m¢&sur¢5, Wy5in¥s Access Steering Grow). di¢#] residencies and our Rwion 121 pr08rn. Arts Council E Page 9
EGisfERED N MBER: 1129421 REPORT OF THE TRU TE R THE YEAR ENDED 31 MARCH 2022 ACHIEVEMENT AND PERFORMANCE Provided additi¢)nal support for bwin¢s5 wntinuty. interim leaderthip and ¢itmen1 ¢osts following the death of tongstanding Director Donna Lyiw. South Camb5 R rt Grant Provided unresth¢ted grdnt fund8 to ]ppOrt our rcopcning followin8 the Fandemic. DASH El hant T Moore F We aJE grntefvl io our parth¢Ts on the DASH Curator Residence prOe and to The Ekphant Ttwt and Henry Moor¢ Foundation for their supp)rt for Aio Bailey's Vetsion eyhbition. Flux For their supTx)rt of Maeva Berthe7 and the develo]rnl of A TeTKler Awit exhibition. FINANCIAL REVIEW FinaDcial position & re5erv¢5 poIKy Financial review and reserves p)licy Wysins Itss a robust financial strdte8y that our ain and obitttives. Over the fiv¢ years we hav¢ developed our cash rtserve5 mitigating financial risk to tbc or8ani5atioJL The tntte5 review ow n5erves trtjlicy on an aw)ual b¥is. The Board_has set a target of a minimurn res¢rv¢ of £250.(KKJ to enable the organisali0 to develop stratew¢ eaS or its ¢)peration whilst atso prolectiD8 c&shfiow. Designaied Resetves Capitsl Snd for site improvements at)d T¢pairs Equipment and rnaintenance Perso[e1 rL%erYe for unexpected cos £30.000 £60,000 £16,000 £75,000 £30,000 Website Unde5ignated Teswves being d¢velop¢d foT inv¢sbn¢ni piirposes: £149.845. Tht organisation works toward5 an arMal budget thar is aptroved by the tne¢S at)d monitored throughout the year. We privileged to bave a highly skilled board of tr*ts, the majoriry of whom hav¢ sigorfi¢attt fman¢ial Tesponsibilities within their own professi(m$. They make a valuabk conthlyJtion to the busine55 strate8y and embrac¢ their responsib)lities as ¢hanty trusttts. In addition to quarteAy board meetings. Ihe board h3$ convened a deth.(¢d Financc Commiltee which meets with th¢ manag¢m¢nt team separat¢ly and the Finao¢ial Manager reports r¢gulatty oll in¢ome and expendittire. 0 ¢ashflow position and r¢serve5. AU budg¢t-holder5 work withio stsi¢d fllwi¢ial guidelines and we actively seek advice oll dev¢lopn¢nts within the ¢harity sxtor. Overhead costs fot the organi10 inchmle a rolling pr{wat of building and site maintenance to ensure that equhpmeDi and facilihes can be updded throughout the y¢ar thereby avoiding the need for em¢rgen¢y casb items and large-s¢ale expendittire. A&sets aTE being depreciat&l at a rulisti¢ rate and the regisier is updated yeslarly and in taDdem with the maiDtenance prs)grnmme. Our aitil is to be a m(¥lel of best prnctice. to build a financi strategy that withstsr#J the flu¢fvations in the gettrdl ecottorny, provide stability a1 allowus to 8row ¥ on¢ of the countys leading arts organisatiot Whcn fund5 allow, thcy are transferred into a three.llnth fixed ternh tr¢awy td io maximise interest. Page 10
WYSJ ART HARITY CISTERED NUMBER: 02942151 RT OF THE TRUSTE FUTURE PLANS Wysing h¢Jpes io srture Continued CO fitswjing as part of the Ans CowKil En818nd's Nationa] Portfolio. Decisions about NPO fijnding will be ¢ompled in October 2022 with business planning in place for the organisation through to 2026. We are requesting an Iylity to ¢Dable us to grow East Cootempw Vkwa] Arts Netwo and supwi anists based irt the r¢gi¢)t) better. Ixjt know that tbis is exremety Corolve. Th¢ fiTtanLMal siDtstion remains challengrn8 for a majwity of arts or8an15ati(xJs, given iaflatiot) and the cost of ITving crisi$. Other Costs. including maierials and other Supplies. have risen substsntialty, t1. Dtmand for publie funding 0tIgh$ supp]y and the ongoing pdndemic affccts auth.ence tgenI coLsiderably." our rtmote location is advwJt3geous in tern of Covid safety and in¢rea5ed public interest in wellbeiD8 through enga8tmeDt with nature. but remains a barrier to xcess given poor tran4rt links and the rising Cost of fil. Sthff and arti$ts are heavily itDpacted by the cost of living ¢risi& In 2021, with 5UPIK)rt from ACE5 Cultural Recovery Fun(L we colucted a sigruficant VIeW inlo opportijnities for eommercial income geDerioL This has led to.. artist-led coutses for the public,. opeDiD8 the c¢rdmi¢s studio to public memb¢TstrLiP,' promoting Wysing as a ¢eletOttOD vethue aDd IatIon for away41ays. ID 2022 123 we are open for expresstons of interest from caf¢ I catering to open a pan-time refreshmeni offer on site. In October 2022 we will -launch our Frienth and PatroThs xh¢me with the aim of securing long-iern) pnvoie donations. Stragic objectives outlined in our plans 10 2026 iDclude strengdjetiirtg our exrrti5e. This will include buikling a new p8rt.rime roie to work ots fith"sing. and deb'vering llwveme in areas of envirorjmentsl re5POn8ibility. commereial income dev¢lopmen¢ digitsl and marketing. Thtt¢ will be a ¢onfinued commitmcnt to equity and diversity across our pr(wammes. We have conlinued commitments to ow A¢¢¢ss Steenng Group WOTL will instityte an ATtiSt Advysory Group to help shape fUtht pro8rarnrn¢ opporfunity for artists. aE ffiJrth¢r dev¢lop ow CreatLV¢ Youth C(ftULCiI. A si8nifi¢anr r¢vi¢w of Wysing's brnndin& ne of voice and publi¢ facing websi are expected to compleie at the end of 2022. reflectin8 Wysing's new vision, rni5sion and value5 under the lead¢rsbip of Director Rosie Cooper. Wysing will continue to ¢entre 5UPPOrt for marynalised artists and publics, listen and reSp]d to ¢ornrnunities. and sha tEsow¢es and knowledge in a way that build5 sector-wide equity. and within communities. Key to our fvbwe Vi510D 1$ io re.imagitie how we work with artists aljd publics across the site and beyon4 rn4kin8 tbe most of OUT distinctive atttjbutes - Ilding ow rwal location - to build an artist supm con)mission and engagement prograrnme that makes th¢ most of wysingsd1stitiV¢ ¢thos and 8eth"n& STRUCTURE, GOVERNANCE AND MANAGEMENr Governing document The charity is ¢ontroll¢d by its govemiJ)g a d¢al of tw and conlliDJtes a limited u)mpany, limiied by guarante¢. as defined by the Companies Act 2. The charity is controlled by its g¢)verning drwent a deed of trLLSL and coThsliwtes a limiied company. limit&1 by guaralltee. &$ defLned by the Co]npans Act 2(K)6. RecThitmeDt Dd appointment of Dew trustees Wy5ing 15 comtnitted to mainlainiDB a PactiVe appToa¢h to equity. As with all recmitmeni of stsff and tsle¢S. we draw up dethiled job description5 prior to advertising for any staff p)5ition or tru5t¢¢ rol¢. Wher¢ a de%ription a]ready exists. il is reviewed and UFrflated. Posts and roles are advertised internally and ext¢rnally' all advenisements cary an Equal Opp)rnwities declaration. AM applicants are judgd on job or role-re]aiuL r¢l¢vaDt Cri13 and shon-listing for all senior posts and tswsiees involves at le& two DKmbers of staff atKI one tnLSt¢e. Recruitrnent decisions are fil¢d for at least six months and feedback given lo unsucctssful candidatrs on request. u>n apIntment, all stsff and trust¢es e Provided with a job des¢riptiOD. handbook and contrad of ell¥loJinent if appropriat¢. Pagell
WVSIN ARTS CHARITY MBER: 9421 RTO RTHEY THE TR Tr¥D STRUCTURE GOVERNANCE AND MANAGEMENT OrgaDi5ational 5tructsre Wysing Art5 Charity ¢rades whder the Dathe Wysitig Arts Centre. The or8aDi5atiOD is governed by a voluntary Board of tTUStees who are also Directors of the Compahy. The Board meets no le5S than four time5 a year. For certain specialised artas of the ¢han"ty'5 work subcommitw ore formed which then Teport back to the fvll Wy5inE Arts Centre Board A team of SaIled stsff ¢ary the daY-l(Y tssks of the organilOn overseen by the Director (Chief Executive). Other than for th¢ service5 of the DArrfrs. the charity is not dewdMI 00 unpaid volunte¢rs or th>nations-iTh-kJ'nd. Induction and trainiDg of lleY4 tr¥stee5 All new tru5te¢s are given a broad raDge of ttwerials whtn ihey join boord. The matuial include5 thc airns and objectives of ihe organisation, a sthff and trusw handbty)k. blgerS athl accounts and art outline of th role and Tesponsibilities of b¢¢oming a tn1¢¢. Diubility Employm¢Dt Wysing is a Disability Confident accredid LtthT. As of March 2022, 37.5Yo of our stsff team identify as having a long-tcnn tL¢alih nditiOn or di5abiiity. Wysing has a dedicated mental health policy and has WOTked on crtatin8 an organisational culth]re where people Can 0]Y di5CU5s metstsl health and care. We bave rwo deth"cated Mental Healih First Aiders, ail rnembets of staff have Te¢eived MHFA'S Mentsl Health Aware training ¢owse, a1 one of Wysing's Mtsiees is a mentsl health ¢bampion. Siaff and Artists can talk infornthlly at)ui mental health and wellE¢in& bui we also have mort stnJ¢wred frdm¢works ftsT addresstng s¢Tt5SOts at work well a5 questions #bt mentsl htalth and wcllFKin8 in residency feedback and annual appraisal fomis. All stsff havc access an Employee Assistance Pro8rJmmr. We activety seek to post op[mlIt¢S to websites and Detworks for th"sabled people and en¢ourage applicauiThs. We ensure that applicatioDs can be D)ade in audio or vtho fonDat well &s in writing and provide EASY Read versions of ow vacancies. Wider nelwork Wysirtg Ans C¢ntre 1$ a member of th¢ Plys Tate netwoth and Wysjng's Dwtor holds a role on tILe Plus Tate Sieering Committee. The charity ¢(rdinateS Ihe East Contemporary Visual Arts Nettvork (ECVAN) for th¢ East of England and Wy5iDg's Direct sits on the national CVAN Steuing Commitiee. Wysing is also a foundeJ Member, and nati1 co4)Tdinaior. of the SylialM]s network. Relted parties The charity has Th) related parties. Page 12
TERED 2151 BIPORT OF THE TR FOR THE YEAR ENDED 31 MAR •22 STRUCtURE, GOVERNANCE AND MANAGEMENr RiEk M4nagemeJt The trwi¢es ar¢ responsible for the mana8emcnt of risks (aced by the organisatiom. A tom1 review of Ihe chartty's risk managem¢nt prresses is undertaken on an annual b&sis. The key ¢oNrols used by the chlty include." Fornial 88eDdas for all Board of Trusttt meetsngs CompreheDsive sttaiegLC platitiin& budg¥ttig and management acc{MlIng al lerting Fomial written pobcies that are reviewa by twstees anDuaUy Estsblished organisatiot)al smKwre and lines of repx)rrin8 A Risk RegJsÉer thai forni$ part of the Bwiness Plan and is regulaTly uFKlated Through tbe risk maDagement pr(Ke&ses &%thblished. the tWStees are sarisfied that the major risks identified have been adequately tDitigated where appropnate. The following kcy risks bave been identified and sii within the Finaticigl 'sk Regisr. Thc potential impad of these risks has Ixen o)Midered and steps aff in place to monitor and miti8ate th¢ risk.. L0$5 of fiLDdiD81 incornt Poor cash flow Poor reseryes Budget does n*X match bwiness plan obj¢¢iives D¢¢ision$ and planning fron) iDx¢urat¢ fmarKial informatioti Poor financial c¢)ntrol Poor credil control Fraud A qualifyts)g third paty indenmity provision is in fortt for the benefit of the tnkn. A 9lifyIng third party indemnity"wovision is in force for the Ixnefit of the truste¢s. REFERENCE AND ADMINISTRATIVE DETAIIS R¢gi5ter¢d CompaThy number 02942151 (Fgland and Wal¢s) Registered Charity number 1039555 Registered oifKt Fox Road Boum CAMBRIDGE Cambridgcshire CB23 2TX Page 13
WYSING ARTS HARI BE BIPORT OFTHE TRusfEES R THE YEAR DED31 MAR Tru$tee$ J C Bickl¢y T N Brooks J F N Lack {iesigTLed 912022) J A Bn)ok5 {rcsigned 14n12022) E J MaT5h S A Wells H Offeh C L Bray (resigned 221912021) R N Ladak H M Zafiropoulo$ (appoint¥J 2)rI21) Company Seeret C A Littlechild Senior Ststs¢ory Auditor Matthew Pethfer FCA Auditors Staffords Chartered Acc4Xlallts & Stsnjtory AuditoJs Unli I, Cambridge House Camboro Bllsines5 Park Oakington Road, Girton CAMBRIDGE Cambridgtshire CB3 OQH BaDkers Lloyds Bank Pl¢ l Legg St Che1nf0rd Essex CMI IJS SolieitD Stepharty & Co 72 Watling Street Radlett HeTrfoTdshire WD7 7NP STATEMENT OF TRUSTEES, RESPOIYSIBILITIES The ttustees (who are a]so the directors of Wysillg Arts Cbarity for thr of coDw law) are responsible for pr¢parinE the Report of Ihe Tru*ees and the finattcial slatcments in acconlaTKe With applicable law and United KingdoTn Accounting Standards (United King(ksm Generally Accepted Ac¢(wJnting PlaCE) including Finan¢ial Reporting Srat)dard 102'Tr Fitwcial RepottiDg StaDdaTd applicable in the UK a1 Ryblic of Ireland" Pa8¢ 14
SING AR PORT OF THE TRusfE E YEAR ENDED 31 STATEMENT OF TRUSTEES. RESPONSIBILTllES- coAtAnDed Cotwy I¥w T¢quir¢s the trustees prepare fjtsanctsl s[Dts for ¢xh fiDatLcial ye4T which give a tru¢ aDd fair vi¢w of the slate of affair5 of thv ¢lwitabJ¢ cotDpany and of the iDcorning resou and appliutivn of resources, iludIng the irtome attd exOi1UrE of Ibc charitsble tompw for that P10d. In prepariti8 those fitwKia] select suitsble accountin8 policies and then aFoty them coDsist¢ndy. obs¢TV¢ the rn¢thod5 and PfiDripl¢s in tbe Cban'ty SORP: make judgemeDts atsd es¢imates that are rfasoDabl¢ aDapn)deDt: ppar¢ the finautial $tstemetLts ott the goitig cor basis UDJtss it is in41PrnPria¢ to Pr¢SW that th¢ charitable ¢othpany will coNilluc in iwiDrs& The tswt¢es •r¢ twDsible for keepiDE ptopet accowrtitig ordS whi¢h dis¢lose with T¢sonabl¢ a¢¢UTy ar Y time thc fin¢[ position of thc charitable compaThy and to cnablc them to cnsure that thc financial Statettts comply with the Companies Act 26. They are also Te5pottsible for safegvarth"ttE the &8sets of the clwitablt company In 50 far as the thJstee$ are aware." there is relevant audit infoTh•bon of which th¢ charilable compa$8"10TS are unaware.. and the 11eeS have tsken all steps that they oughr w h•ve tske# to r1 themselves aware of ally televant audit inf0mtioll attd 10 establisb that the auth.tors are aware of that iDfornati AUDITORS The authtors. stsfford5. will beprop05d forTr•nw)intinentat the Annual Gelleral Mxting. This report b&$ b¢¢n pr¢paral ill xcokn with the spe£ial provisi(m of Part IS of th¢ Compatii¢s A¢t 2tK)6 telanng to small mpani¢S. ApproY¢d by orderof the bDrd of trusiees ots......... .. #TWJ sign on ityb¢balf by.. S A We115- Tru5t¢¢ Pagc IS
RE RT FTHEI WYSING ART DITORS TO BERS OF Opfnlo We have audiied the financial stsiements of WysÈn8 Art5 Clwrty (the 'cbaritable eomp8ny) for the y¢ar ended 31 March 2022 whJ"¢b ¢ompTise the Siatemertr of Finaticial A¢iivitie& the BalaDce Sbeet. the Cash Flow Statemcnt and notes to the fiJJatt¢ial stswllents. including a of sigthfi¢8nt a¢¢ountiDg policies. The flnancial rcporting framewoik thai has applied in their preparation is applicable law atsd Ut)ited Kth)m A¢¢ouDting Stsndards (United Kingdom Generally A¢c¢pt¢d Acwmting Practice), including Financial Repth'ng stsnda 102 Th¢ Financial Reporting Standard applirAble in the UK and Republic of Ireland,. In our opitiiott the financial s£nts.. give a tsue and frair view of the of the dtsritsbk C0D¥MnS aff¥its as 31 March 2022 and of its iw¢)mitig resources aTrJ applicarion of rtsources. incluth.ng its income and expKndittwe. foT the year then ended. ha been properly prepared io acCOrdae wih Unitgj Kingdom GeIlY Accepted Ac¢ountin8 Prnctice. including Financial Reporting Standard 102 Tr Finwjcial Reporting StsTrJard applicable in the UK and Republic of Ireland.: and Basis for optnion We ¢oAdu¢ted our audit in accordantt with International OD Audiliog WK) (tSAs (UK)) and applicable law. Our ff$ponsibi151ies under those Standards arc fithcr described in the Auditor5, responsibilities for the audil of th¢ fman¢Jal ststements section of our report We are ind¢pethleni of the ¢haTithble tornpany in accordance with the ¢tbi¢ai rquirera¢Dts that are rekvont LO our audit of the financial stai¢m¢nts iti the UK including the FRC'S Ethical Stalldard. 2nd the provisions available for small eniilies. ID the circun4tartts set out io not¢ 22 10 the fman¢ial staiemenw and we have fifilled our other ethical resl11ties in accordance with these requirements. We beli¢ve that the auth"t evidence we have Lknined is sufficient altd appropnatr provide a basts our illiOn. Conclu$iow relti#g to golllg ujthtern In auditing the financial sta¢emertts. we have ¢oDcluded th8t the mwees. use of the going basi5 of accounting in the prq)aration of the financial $tst¢ments is appropnaie. Based on the work we have wformcd, wt have not identificd any material u[rtaIntit5 Telating lo went5 or cortditiOnS ¢l•i. indiyidually or collcctively. may cast Significani doubt on the charitsble compan5 ability to contiThue as a goiag wncern fora period of ai leasi 1¥¢ months from wheo the firwKial statements ate authorised for i55U¢. Our iesponsibilities and th¢ r¢SnSibilitS of the truste¢s wttb respxt to going Concern a drib in the relevant sectiotts of this report. Other informalioD The trustees are r¢spon5ibk for the oth¢r information. The other infOnon ¢oTnprises th¢ infotn)aison IrL1 io the Annual Report. oiher than the financial statement5 and our Rert of the Indeperthi Auditors thcreon. Ow opinion on the finattcial ststemcDts dt5 t cover the otber OrntiOn an4 cxccpt to tht extent othetwisc explicitty stsied 10 our reporL we do noi expre55 any form of assutanc¢ conclus thercon. In conaection with ow audit of the finaD¢ial stateD)ellts. reswnsibility is read the other Jnfornmiion in doing $0, cotLsider wheth¢r th¢ other inforn)ation is materially irrtorLSiSt¢ni wilh the financial ststements or our knowled8e obtained in the audit or otherwise OpTS to be mat¢rialty misstat. If we identtfy sucll material inconsis*Dcies or aNthreDt material tnis5tstements, we are required to determine whether this gÉves rise w a material thiTeMent in the financial statements thems¢lv¢s. If, based OD the work w¢ have QrfornI¢d we conclude ihai there is a mathal misstatement of this other infOrntiQn. w¢ are required to r¢port that fad. We have nothts)8 10 report in this regard. Opinitirts on other matt¢rs presu1 by the Compaws Art 21MJ6 In our opinion, b&s¢d on th¢ work uJ¥iertaken in the ¢owse of the audit.. the infon))ation given in the Report of the Tnjstres for the fillancial year for which the financial ststements are ptepared is consist¢nt witb the fmancial stytements. and . the Report of the Tnl¢eS Iw be prwed in ac¢ordanc¢ with awTrli¢able legal requirements. Page 16
REP RT FTHE INDEPENDENT AUDITORS TO THE MEMBE Matters ort whith we re reqty5red to rqrt by eyceptio In the light of the knowledge and wthrstandirtg of the charitsblc cowy and its tnvÉn>nment obtsintd in the course of the audit. we bave Dot ideDIL"fied material misslatemetsts in tht Report of thE Ttees. We have nothing to report in respect of the following mattets where the Conwitt Act 21M)6 requires us to report io you if, in our opinion.. adequ8ie ac¢ouniing Twjrds hav¢ been kept or teDJms adequa for our a111 FAve noi bexn Teceived from br8nches not visited by u$- or th¢ financial $tstements #re not in atth the 8ccounting records armj retwn$' or certain disclosures oftrusts' rcmunerdtion spttified by law are Dot made,. or we have not received all the infornthtion explaiJaiion5 wc require for our audir. or the trustees wcrt not eniiiled io tske advantage of the $mall companie5 eXpIlOn from rc4uhreTTKnt to prepare a Strategic Report or in pr¢partng th¢ Rewi of the Trte¢s. Responslbllities of trnstees As explained more ]lY in the Stsiennt of TnLSt¢es' Respotssibilitie& the rNsiees (who are also the direcrors of tbe ¢harirable MpanY for the pose5 of comF4ny law) are respol1e for the preparation of the fan¢1a1 stÉtem¢nts and for being satisfied that give a true and fair view, and for sucb internal control as the tn]stees detennine is ntte5sary to enable the prepantion of financial that are free from material rnitststernen4 whether de to fraud or error. Ln preparing the 6nancial ststtmtnts, the tret$ are responsible for assessing the tharitable company's ability to continue as a going Conce disc105in8, as applicabl¢ matters related to 8OLll8 concern and USiD8 the 8oin8 concern ba515 of accounting un]e5s the Iruslces either intend to liquidate tht clwitablt compny or to ccase operthons. or have no realistic a]tCrn3tive but lo do so. PaB¢ 17
REPORT OF THE INDEP IN ART E MEMBE Ovr responslb115t6es for the #vdit of the #DelI] Our objectives are to ob¢ain reasot)abl¢ Issuran aiKUt whether the financial statements &% a whole are free from material misstsiemeni. wheiher to fraud or ¢rroT, and to issue a Rewi of ibe Inderellt Auditors that includes ow opinion. Reasonable assuratKe is a high level of a3wdDtt. but is Th)t a guaraDttt ihat an audit conducted in a¢cordan¢e with ISAS (UK) will alway5 dcie£t a material misswemeni WI it exists. Misstaments ¢an arise from fraud or ¢rror and are considered material if. individually oi in the ag8r¢gat¢, they ¢ould ffasonably be ¢xp¢cd to influe¢ th¢ ¢conomic decisions of u5er5 taken on the basis of these financial ststements. The exrent to which owprocedures are capable of dewikog ifft8ularitits. including frdud is detailed below.. We have obrained art widerstandtt)g of the legal and regulOry fraTnework applicable to the company. focusing on provisions of those laws and TeguiatiOAs that had a direct effeci on the deteTminJtion of material am¢)unrs and di5¢195us in the FInarla1 Statements. We have considered ihe nabjre of the industy and sector. CODttoi environ1 and busin framtworK inChIll8 the desigtt of the ¢ornpany's remunerniion w)lJ¢ies. We hav¢ enquir¢d of managernent in regard to their a&s$ml of the risks of irTeguiaTiThes, including fraud. We have obtained relevant dc¢umentstson and representstion5 in orthr to form an opinion on pot¢ntial 1rguIantie includitig fraud. We ha review the companys dmtion of their policies 8nd lating to tdenrifyin& evaluating, and complying with laws atml regu]ations. detectiDg atKI responding io the risks of and tbe internal ¢ontrol$ established to mitiga* the risks of frdud and non-colnpliance with law5 aDd T¢1105. Audit procedu rfQrn)ed during tPK audit included transaction it]ng with a focus OD areas of judgeTnett¢ and estimations, and entries detennined io lar8e or lating to unusual trnnsaciions. These 3udii predUreS are designed to provide reasonable assurance thai the FiDan¢ial Stalem¢Dts w¢r¢ free from fraud or error. How¢ver. detecting irregularities that result from fraud is itthem)tly more difficult than detrctin8 those thai result frotn error, a5 those irregularities thai Tesult from fiaud may it)volvc Collusi dehberatr concealmenL foigcry or intentional misrepresentations. No instsnces of non Compliance with laws and regulations or of fraud wer¢ communi¢awl tow during the audit. A fi]rtr description of our rwsibililies fw the audit of the finartial ststements is 1rt4ted on the Financial Reportirtg Cowhcil's websiTe ai ww.6c.0tg.uklauditorsrespIbIIitit1. This description fomL% Port Of our Report of the Independeni Audito[& Page 18
RT INDEP MEMBE ART Ust of our report This report Is made wleiy to the tljaritsble companYs as a Wy. in a¢WTdaKe with Chwr 3 of Part 16 of the Cornpanies Act 2006. Our audit work b&% been undenakn so that we might slatr the Cbaritable company's member5 those malte[5 we are required to stsfr them iti an auth"rors' report and for no other purpose. To the fullesi ex*nt pemiitted by law. we do Tb)t ac¢w or asswne Tespon5Jbility to anyone other than the ¢haTitable company and the charitsble companys members as a W. for our audrt wort fw thi$ repo¢ w for the opiniims we ve forn)ed. Matthew Pettifer FCA (Senior StaDJtory Audiwr) for and on behalf of Staffords Chart¢r&l Accouts & Statutory Auditors Unht I, Cambridg¢ How¢ Camboro Business Park Oakinslon Road, Gbrton CAMBIUDGE Catnbridge5hire CB3 OQH q/aL Pa8¢ 19
STATEMENf OF FINANCIAL ACTIVITILS ENDED I MARC 22 2022 Total funds 2021 Total nds ll¥COME AI¥D ENDOWMENIS FROM Doniriorts Irtd legacies IS852 15.852 15.430 Chari¢ble artivitiei Studios and Buildings Public Pro8Tan 37.855 493342 (4500) 183J03 33J55 670A45 18,947 $88 J49 Other trading activities Investment Lncome Other income 3.148 IJ 3IiM8 3,148 i Joo 32.IM8 467 2,182 789 Total 583.445 178JO3 762348 626,164 EXPEf4DITURE ON Raising fithds 14819 7,764 21945 Charitable aetivities Studios and Buildithgs Public Progran)n 102326 43V76 1•2226 636,930 93238 516,500 198.054 Total 553921 205J18 759.739 632.683 NET INCOMEIIEXPENDITURE) 29324 (27.Q15) (6.519) Transfers bthttD 19 (2.709} L709 Net movement In funds 24815 (24Jfj6) (6,519) RECONCILIATION OF FUNDS Total hthds brOt fornrd 688,101 1.022.131 1.028.650 TOTAL FUNDS CARRIED FORWARD 30V45 1,024,040 .022,131 Page 20
WVSIP4G A BER= 029421 2022 Total fuThds 2021 Total Unrestricted Restncl fimds FIXED ASSETS TwRible ets 16 6•2,1•9 024h96 644,983 CURRENT ASSETS Dtbto CJ5b at b 17 52th23 323.953 22,532 394.635 70.059 394.012 37W6 n,925 449JOI 417,167 CREDITORS Amounts (all8 duc within on¢yc4r 18 (38J18 (11339) (49J57) (40,019) TrIET CURRENT ASSETS 338258 61h86 399944 377.148 TOTAL ASSETS LESS CURRENT 36•WS 6795 L•464fy J,022,131 PIETET3 663,795 1•24.64 1.021131 FUNDS 19 Uttrestricted fiJnd5 licstrickd fiJnd5 J60045 334,030 688.101 TOTAL FUNDS 1024.64 1,022,131 Th¢s¢ fwancial stat¢rnEnt5 hav¢ bE¢ll pr¢p&d iti ¥t4wdK¢ with the w0visio applicable to chan"tabJe companies subject to the s] compawes rcgirllc. The finAnci*l statmts w¢r¢ I10V¢d by th¢ B( of TDJsree5 and authorised for issue were signed OD its bel( by: S A WelL8- TnL5tee The notu fo prtof thes¢ fithan¢ial 5tstemcnts Page21
ARn CHATy ASHF ATEMENT 2022 2021 C4sh tlow$ from operating a¢tivitle5 Cash generated from operatiOTK Tax paid 9.093 47.063 (1,712) Net cash Provided by LyratI activities iQ798 45.351 Cgsh flow$ from investiTrt a¢tivities Purchase of rangible fixed assets {11721) iJ(N) (8.477) 2.182 Net ¢ash used tn iMveMing a¢iivities (11,421) (6295) Change iti eash rtd eash e4wivthnts iti the reporting period C&sh And cash eqyivltDts It th¢ beginohthg oltbe reportlng pemd {611} 39,056 3M635 355579 Ckn and cash equivaleThts at the end or th¢ reporting period 3941112 394,635 The Jy)trs forni part of these fioan¢ial stateUnts P¢ 22
WYSIN NOTES TO THE CASH FLOW ENDED TATEME RECONCILIATION OF NET INcOMEJ(ExPENDuREl TO NET CASH FLOW FROM OPERATIIYG ACTIVITIES 2022 2021 Net intomel(expeDdilure) for Iht reporting ptrmbd (5 Ptr the Ststement of FIMxn¢iAI Activilies) Adjustthets Cor: Depreciation charges Interest received (Increaseydecrease in deor$ In¢rease/{decrease) in Creditors (6519) 35267 (2,182) 44.721 (24,224) (iJoo} (310621 9039 Net cash provid¢d by qJertioni 9,693 47,063 ANALYSIS OF CHAI¥GLS IN NET FUNDS At 114r21 Cash flow At3113n2 14et $b Cash at bank 394,635 (623) 394,012 39U35 (623) 394.1112 Total 394,635 (623) 394,D12 Page 23
WYSING TES TO THE R THE YEAR r4AN IAL STATEME 22 LEGAL FORM The Charity is a restered charity registeIl in England and Wales number 1039555 and a company limited by 8U8r8ntee number02942151 baving no share witsj iticryrth iti England and Wales. lis registered office and principal place of businw is at Fox Roa¢L Bowo Cambridg¢. Cambn'dgeshire. CB23 2TX. ACCOUIYTING POUCIFS Basis of preparing tbt fUtI21 statrD•ts The financial 5tat¢ments of the charitable comrAny, whi¢h 1$ a publtc iefit entity Und FRS 102, have been pr¢pared in accordance with tbe Cbariti&% SORP (FRS 102) 'AccountiD8 and ReEing bycharities.. Statement of RecoD]mended Practice applicable io chaTitie$ prq>aring their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Fit)at)¢ial Reponiog Standard 102 Tr Financial Reportmg Sta]xdard appli¢able in the UK and Republic of Ireland. and th¢ Companies Ad 2. The financial statern¢nts hav¢ ITr prepared under the hi5tori¢al ¢o$t conv¢Dti. The accounts have been prepared on a 8oin8 ¢oncern basi& There are DO roatla1 uo¢ertsinties abour the Charity's abiliry to ¢oniinu¢. Income AII iTwm¢ is reCOls¢d in the Statement of Finthcial Adimties 0e the charity ha5 ¢ntitlemEnt to tk fimds. it is probable that the income will be rtceived and the amount can bc rne45 rejiabty. Donatio8 are OgnISed on recei Gift Aid is ff¢ogDised iti the same as the donotion to which it Legacy income is recognised in full wn the amount arml timing can re quantified with Ttasonable a¢¢ur¥y. This is ihe earlier of the tt¢ei of an inithitn th"Stribution or the grant of probate. Grant in¢om¢ is Te¢ognisd in full on receipt unless tkn a unfvlfill¢d p¢rfonnanc¢ ¢ondilion5 thai do not allow the in¢ome to be recolsed. In this c& the grant is accowited for &s a liability until the perfom)ance conditiorLS have been met. Grant income is onty defrfftd if the w is time-re1ed and relatr5 pardy or wbol]y to a post year-end time period. In¢ome is shown Kt of VAT wh¢re applicable. sty10 r¢ntal iOrne is recognised in the io vknich it rela Expenditure Liabiliiies are ryogoi5ed as expenditure sCn as thue is 2 legal or c0rL5tr1ve obligalion committing the charity to that exta'lture, it i5 probable that a trafLsfer of economic benefi(s w1 bt rtquired in settlem¢llt and tht arnouDt of the obli8ation can bc rneasured reliabty. F4endhbJre is accounted for on an accrnajs basis and h&$ been cla551fi under headin8S that aggregat¢ all cost relaled to the eate89ry. Where costs cant)ot be dtlY attributed to particular headin85 bave be¢n allwated to a¢tiviti&s on a b&5is nSISt¢nI with the use of resourtes. Gov¢rnaw¢ ¢osts Gov¢rnaott ¢osts ittlude those costs wo¢iated wnh the collstitirtional aDd statutory Teqiiirerneiits of th¢ ¢barity and iNlude the audit ftt5, r¢gi5traiion fees aDd legal costs. Pag¢ 24 CODlitiued...
WYSING ARTS CHAIUTY TO THE FINANCIAL THEY AREr ATEME . eon(inued ACCOUNTING POLICIES- ¢Mtinued Allotation and apportitillmettl of tosts Costs are allocated beeen the aciivrty fElatin8 to Exhibitions a1 Worksh¢)ps where the c05t is incurred in relation to the delivery of arts activilics. Costs arE allated to the Studi05 and Build5ng5 activity where the ¢OSts relate tts the provision of SDJdiospa¢es or maiDierthnce of the slte. Tangible fixed assets Dcpreciation is Fwvided following annual Ates in ordEr to write off each a¢1 over its es¢imad useful life. Lxas¢hold Short leas¢hold Improvements to Property Plant and machinery FIXtres and filliDgs Motor vehicles Over the length of the leas¢ 5%on wst 2/ OD COSt 2A on c05t 2(P/• 011 COSI 21Y/• Oti cosi Tangible fixed assets costing more than £1.500 are c4pithli5eJ and included 0¢ $1 iwluding any in¢iden Costs of aequisitii)Ji. Durittg the year the le on the land was exietthj by 20 yeaTS to expirt in March 2048. This been refl¢cd in 3 8t in the depreciation rates write off the costs over the length of the new lease. T•xation Th¢ charity is exempt frorncorix)ration lax on its ¢haTitk activitie5. Fund accounting Untestricted funts can be Used in accordance with the clwithie objeciiv¢5 at the disuetion of the tru5tee& Restricted fvnds can only be used for p8rtrcui4r Testricted pwp05ts wiihin the Obits of charity. Restriciions arise wh¢n spxified by th¢ doTWi or when are rnised for pafft¢ul&T r¢stri¢ted purposes. Further explanation of the natu and purp of each fund is included in the t)otes to the financial stakments. Pension costs and other p05t-r¢tir¢m¢n¢ beoer charitabk ¢ornpany qrateS a def Contilltion perksion Contr]iti¢)% payable to the charitabl¢ conWan$ pensiLML scheme aTe ¢bar8ed to the Statem¢Dt of Financial Activitio in the P¢Tiod to which th¢y relat¢. Debton Trade and oth¢r delAOts are rewised at the settlemt arnowht after any trade discount offered. Pryyments are wal¢d the amountptepaid Det of any trthle discwits due. Cash and bawk and in hand Cash al baDk and ca5b in ha1 Trnclth cash and sknrt term highly liquid investtDents with a short matiwity of three month5 Qt l¢ss from the date of 3CqUiSition or opening of the deposit or similaraccount. Cnditors *nd provisions Page 25 ¢Olliinued...
NOTES TO THE FINANCIAL STATEMENTS-toDlimutd RTHE REND ACCOUNTif4G POLICIES- co•ti••ed Debtors CrEdbtOT5 and provisions are recolSed whrre the chaTity has a PTtsent obli8ation TE5ulting frorn a past event that will probably result in the tno$feT of ffijnds to a third party and the amount due to settle the obligaiion tan be estitna¢ed or measured reliably. cditorS and provisior6 att ttffjnally tecognised at their senlement amowlt after allowing for any tr* dI$ts Flnalleknl ltsstrumeots The ¢harity ollly h&s fu)la1 assets and financial liabiliti¢5 of 4 kind that qualify as b&si¢ fmancial in$trument& Basic financial inslrnmcnts are initially recognised at traft5action value and subsequently mtasured at their settlemeDI value. DONATIONS AND LEGACIES 2•22 2021 Donatio 1&852 15.430 OTHER TRADING ACTIVITIES 2•22 2021 Café sales Sales of bodts and artwork 1.792 iJ56 467 3,148 467 2022 2021 Deposit att interest i Joo 2,182 Page 26 continued...
NOTES TO THE FINANCIAL STATEMENTS- emtinued R THEY NDED JI MARCH 2022 INCOME FROM CHAIUTABLE ACllVTfiES 2(122 2021 Acti Provision of subsidis¢d Sttmlio space Farnthous¢ residential Tent Spa¢¢ hire Grants Curatorial consults Ticket sales Other income Stwlios and Buildings Studi05 and Buddin8S St]105 and Buildings Fknblic Pro8ramme Publi¢ Programme Pubb"¢ ProgratnTne Public Programme 26930 5A02 1.023 06059 15,714 2.387 584,872 6.197 074 1.896 471 7•9Jl)O 607296 Grants e1Ve4 Iluded in the alM)ve, ar¢ as follows: 21122 2021 Arts Crnjncii EthglarMI H•)ry Moor¢ Foundation The Elephant TnLSt The Fenton Ans Tntst ArL8 Council EllglatKI.New Geographies Esmée FaiTbairn Foundation Art Fund DASH British Council Ne0[k Reside D'oyly Carte Charitable Tn South Cambridg&%]Jire District CnCil Job Re¢et)tion Schem¢ Grant The Ragdoll Foundation British Art Network Researrh Gro Arts C(x]Thcil England- clrdI Rc£overy Fund Fluxus Art Projects Atts Council England- New Histon"es 480337 465,173 5,000 30.(M)O 20.IJ)O 61,250 11,000 152SQ 3.700 25.(rf)O 9,749 133 11.71JO 1.750 37.568 40321 660059 584.872 The ¢harity has also benefitkd from Cbarxtable Rate Relief. Page 27 conlinued...
CHARITY OTES TO THE FINANCIAL STATEMENTS. tontiD RAISING FUNDS Raisi8 d•ntioni Dd legatits 2022 2021 Staff costs General mark¢ting costs ECVAN Costs 9,953 6,067 11022 3.600 15,622 16.020 Costs to %ener8te e4r•ed In¢om¢ 2022 2021 Staff costs Bad debts Development Costs 4,976 933 1.016 V61 4961 6,925 Aggregate amounts 20583 22,945 CHARfTABLE ACTIVITIES cosrs Dire¢t Costs (see note 9) sUptt sts (see note 10) Totab Sttmlios and Buildings Public Progrnmme iOU26 629A51 IOU26 63&930 7.479 731,077 7,479 739,156 Pa8e 28 continued...
ING AR NOTES O THE FIP4AI¥CLAL STATE DED DIRECTCOSTS OF CHARITABLE ACTIVITIES 2022 2021 Stiff cosis Sitc n]nnin8 costs Office adn)inistra¢ion Sp3¢¢ hiT¢ ¢o$ts Other Costs Programme costs Trainin8, recruitment & HR Trovel and mOT expenses FTeelan¢¢ ¢osts Depreciation 2YJJ39 97,782 31558 57 242.133 86,258 30,464 368 136.000 4,759 3.574 62,924 35.266 235,785 4.777 5S895 31IM17 731ffi77 601,749 SUPPORT COSI3 M?geMent Tota]s 1.037 442 7,479 ii. NET INCOMEI(EXPENDITURE) Net incomel{expenditure) is stakd aftereknr8in{crrd1l1n8).' 21122 2021 D¢prKiatioo- owned assers 33.K18 35,267 12. AUDrroRS' REMUNERATION 2022 2021 Fees payable to th¢ ¢haTitys auditors for the alt of the fin8Dcial stalements io Page 29 ¢oniinuwJ...
TO THE FIPIANCIAL AR ENDED 31 MARC FO 13. TRUSTEES, REMUNERAT10N AND BENEFITS Thue were no trwtee¢ mnwthlion or other benef for year a)ded 31 Marth 2022 nor for the year ended 31 Mar¢h 2021. Trustees. expenses During tbe year four te¢S were paid travel experkses totsuing £363 (2021.. four Tn were paid a totsl of £665 in trdvel expenses). 14. STAFF COSTS 2022 2021 Wages and salaries Sociaj Security ¢osts Other pension costs 235877 15,947 7?15 232,307 16.361 8.394 259J39 257,062 The average montbiy nthnbtrof employees dwing the yearwas as ftillows.. 2022 2021 Diwt charitable No employees ¢e0 emolumeDts in excessof £.{K). tknitig the year the Key Management PersoDnel eosts were co1dered by the tDJStees to be £145,354. (2021.. £136.404). 15. COMPARATIVES FOR ThE STATEME14T OF Fll¥ANCiAL AcfiviTIES Unrestri¢11 Restricted Tota] INCOME AP4D ENDOWMENTS FROM Donations and legacie5 15,430 15,430 Charitable activitrs Sh]dios and Buildings FbliC Progranknne 18,947 525.649 18,947 588.349 62.7(K) Other trading achwties Investmeot Inne Other incotne 467 2.182 2.182 Tot 563.464 62.71x1 626.164 EXPENDITURE ON Ra]"sing hjnds 22,945 22,945 ChaTitabk activilies S105 and Buildings 93.238 93.238 Page 30 contiDued...
No S TO THE FINAN FOR THE R ENDED 31 MARCH 2022 15. COMPARATI FOR THE STATEMENT OF FINANCIAL ACTIVITIES- eiiiitinued Unre5tri¢ted Re5tricttd Ttds Totsl fiwds Publi¢ Prograrnme 386,769 129,731 516,500 Tot1 502,952 129,731 632,683 NET INCOMEJ(EXPEi¥DillJRE) fAI.512 (67.031 } (6,519) RECONCILIATION OF FUNDS Total brought ffjrward 273518 755,132 1.028,650 TOTAL FUNDS CARRIED FORWARD 334.030 688.101 1.022.131 16. TANGIBLE FIXED ASSETS Improvemen lo Sbort leasebold pro Lxasehold COST At l Apnl 2021 Ailditions lJ27J75 At 31 March 2022 1327J75 44.804 DEPRECL4TION At l April 2021 Char8e fw year 914.116 21732 46.8211 41279 252S At 31 Marth 2022 936 49 NET BOOK VALUE At 31 March 2022 591,027 11.(2 At31 Marth2021 613,759 14.130 2,525 Page31 continued...
ARTS CHAIUTY ANC 31 TEMEN CH 2022 FOR TH TANGIBLE FIXED ASSETS- e(1Dlled Fixtures Plant and and Dwbillery fittmgs Mo vehicles Tota]s COST Ai l April 2021 Additions 79.670 11721 49,467 S,193 1,767959 12,721 Al 31 March 2022 92J91 49,467 &193 I.7,680 DEPRECIATAON At l April 2021 Cknge for year 6S101 703 49.467 5J93 1,122976 JJ,008 At 31 mCh 2022 69 49.467 $193 1,155984 NET BOOK VALUE At 31 March 222 21587 624,696 At 31 March 2021 14.569 644.983 Itl the eveDi of a disposal of the le&%ehold pn)perty occwiied by Wy5iDg Arfs Charity or SatiOn of trading befoTe 2024. a proportion of funding received tow#rds the develoweni of the property is potentially repayable. secured by a leyl charge over buildw on t properry. 17. DEBTORS: AMouKfs FALLII¥C DUE WITHIN ONE YEAR 2•22 2021 Other d¢btors VAT 189 607 693 1.712 20.436 55,489 22,532 Page 32 C(rfJiinued...
AR NOTES TO THE FINANCIAL STATEMENTS-roThtinued FO THE CH2 i& CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Tiade Creditors Oihei creditors Accrua15 and deferred income 35.086 2.770 11,701 23.448 3,814 12,757 49W7 40,019 Suppli¢r invoi¢¢s are paid within th gxpplitrs agre tern4 typically within 30 days. Social se£urity othertax¢s are paid by the 19th of the following rn(nth. Other ¢reditor5 are paid Whe due - credit card in following month. pensions at the bcginning of the new month and studio dy5its ¢)n vacation of the Stt¥Jio. if repayab 19. MOVEMENf IN FUNDS Net Transfers At 3113r22 At 114lll Unrtstritttd funds Qenerdl fund Capital 5P¢tKI Equipment & Maintenance Personnel Progrdmme Fund Web5it¢ 138.1130 29524 7,709} 149145 30.IMIO 60,000 16,000 75,000 30,000 60.0 75,IN)O Isooo 334WO 29524 (1709) 360045 Restricted funds Capital Developmentvalio fuDdeTs Esrnée Fairbairn Foundation An)bition for Exc¢lknc¢-New Geograpbies DASH- 110[ in Relidee 5Hz EuplK>ria British Council N¢vWoth Residency DASH- Exhibition DY)yly Carte Cbaritable TTt Creative COurli DASH- Edllration British Art Network Researth ACE- New Histories Fenton Arts Tn1.. R¢sithn¢i¢s c1ULt Routes {25,779) (21682) 601109 IlJ18 (180) 6J47 I36 {6J47) {2036) {Iw) (8J04) (3.410) 22.675 247 1.750 612 6.000 3810 2J04 23,080 247 1,750 8.612 5,000 9,021 9.1121 688.101 (27.015) 2.709 663,795 TOTAL FUNDS ,022,J3J 1024.640 Page 33 Continued...
ART OTES TO THE FINAN FOR THE YEAR EN ATE AR (J22 19. MOVEMEf4T IN FUNDS- eontitiued Nei movement in included in the I¥¢ aTe as ftillows". tts¢ommg Resources Movemeni expended in fimds UDrestrieted funds Ge[] fut 583A45 (553.921) 29J24 Re$tritttd funds Capital tkvelopment various fundcrs Esmée Faidirn Foundation Ambition foT Excell¢rtt-New GeOaph]eS DASH- Curat(r in ResideTKe 5H2 Euphoria British Council NevWoTk Resid DASH- Exbibilion D'oyly Cartt Charitable Trust ACE. Culwral Recovery Fund ACE. Management FuDd Cffaiive Cowjcil DASH - Education British Art Netwot ReSCah ACE- New Histories Fenton Ans Trnstr Residencies Ctrcuit Rouies Spring ExhI"tiOn 12S779) (2&682) (25,779) (28,682) 3Ql)110 (27.162) (6J47) (U36) {4O110) {19J041 {3AIO) (31068) {15.O64) 2838 (6J47) (2,836) (1,800) (8J04) {3.410) 11.000 311)68 IS064 24675 22,675 247 1,750 612 sooo 91121 14753) 1.750 41J.221 5000 Di.609> (4} (iooo} 3.000 178I03 OIIS818} (27,015) TOTAL FUNDS 762348 (759,739} 2509 ¢ODtinued...
IN NOTES TO THE Fif4ANCIAL STATEMEN 19. MOVEMENT IN FUNDS- ¢t)otiDued Compratfves for movement kn fuDds Net Transfers b¢tell Al 31r3oi Ai"114r20 Unrestricted General fund Capital SId Equipment & Maintenance Per50Dnel 92.518 30,1 (Al.512 (15.0(X)) 138,030 30.¢J)O 60.IM)O 16,IK)O 75,0 1S,IKIO 16.( 75.( Website 1S.(M 273318 fJ).512 334.030 Re5trieted funds Capital Development various fundcrs Arts Cowicil Englat)d. Cathlyst Evolv¢ Esn)é¢ Fairbairn Foundaiion Ambktion for Excellenr%-N¢w Geogrdphies Amey Communiry Fund DASH - Curatw in Residenc¢ 5Hz Euphoria British Council Nevwork Rttiden¢y Art Fund. Helen CarnnKKk Exhibition DASH - Exhibitio D*)yly Carte Charitable Tr1 653.668 878 21.910 (25,779) (878) 18.090 627.889 40.70 60.225 [60,} (s) (7.606) (181) 13.953 2.836 6.347 2,836 1,8 828 3.410 3,410 755,132 (67.031) 688,101 TOTAL FUNDS 1.028.650 {6J19) ,022.131 Page 35 ¢ontitiue&..
IN AR r4oTES TO THE FtNANCLiL STATEMENTS- ¢oD¢l•ed YEAR 19. MOVEMENT IN FUNDS- contiDvd Comparative net movemeni in fid$. included in Ihe aknve aTe as follows: tDCODJing Resour Movemeni in fimds Unrestri¢ted funds G¢neral fvnd 563.464 {502.952) 60.S12 Restricted funds Capitsl Developrneni V8riOU5 funders Art Fund. Curnwr in Residence Arts cntil England- Caralyst Evolve Esm¢e Fairbaim Foundation Ambition for ExceUence.New Geogrdphies Amey CoTDrnW)ity FuDd DASH- Curator in ResidetrKe British Coun¢il Ncuwork Residency Art Fund. Helcn Cammock Exhibition DASH . Exhibifton DDyly Carte cPitable Tnjst (25.779) (10,O(K>) (878) (21.910) (25,779) 10.( (878) 18.090 {60,41AS) (8Y)) (7,606) (1.800) (172) (60.406} (890) (7,606) 200 828 6.10 3,410 3,7 (2) 62.71x1 {129,731) (67.031) TOTAL FUNDS 626.164 (632.683) {6.519) Purposes tsf Restricted Funds Ambldoo for Ex¢¢]kD¢¢- NeY4 Gwapbi Funding towards new commissions and outrexh pwoie¢ts au0&% the East of Fgland led by Wysing ¥s ¢trLair and ctrordinatOT of ECVAN. ACE- New H15torie5 Rcsearch and deyeloprneni fuTrJin8 for an ECVAN parther ¢ommissionin8 projcci - expandin8 on New Gcographi&s. to platforni 51oric5 wlthin the regi thTSh cojnmunhty engaged public art. ArtFw Fundillg from Art Fund towards a twtrnK)llth resideDry ai WysiDg for a cular reauited via an open Call from BAME backgrowi(L" in¢luthng a series of Te£0¢ events. Arts Countll Ell9d- Cultural Rtttsvtry Funded by ihe Departtnent of Diwtal. Culttre. Media and Spcrft {DCMS> iesour¢es ts¢kl¢ the Crisis faced by culttual organisations aTrJ heritage si$ dwing th¢ coronaVin pn&mi¢. Arts Courttil EAgJand- Mn*8emtnt F•nd Funding iowards management roles. Brilish Art Network Rttearch Grgup Funding towaTd5 a progrdlle of a¢tivity on the ty of C4ptitiniDg in Britisb Art beeen January and S¢pt¢mber 2022. Page 36
IN ARTS NO FOR FINA ENDED ATEME CH 2022 19. MOVEMENT IN FUNDS- ¢Dnlln¢d Brithh Coundl- Net Iwork ResideD¢y A 27 month project including hostn)g digitsl arts residencies in June 2020 and June 2021 and follow on activiiies until April 2022. Capllal Development- Vrlous fu•ders Capiial fimding towd$ the design leam fees and CO of the new s10 and rwtion bw"Id]ngs. Ail fimding was sixni by 2008 alld the fiLTrJ balance ?%1$ts of fed assets being dyiated over their use1 CnOmic life. Cir¢yit Route5 Fwidin8 from th¢ Fjmee Faithaim Foundation tO7atds proiea c(sts for cffating a pathway of sustsined involvem¢nt and development in creative arts for yimmg people in rural ¢ommunities in Cambridgeshire wth the irLtentjOD of ernWl8 tDaTginald YOUD8 people to p2rti¢ipat¢ d¢¢p¢r and longer tetm ¢r¢ativ¢ projects alld adivities. Cretive Coutseil FundiTbÈ from the Esmee Fairbairn FouTthtion and the Ragdoll Foundthon toward5 project costs for creatin8 a palhway of sustained involvement and developnYDi in Creative for people iti njral CommltieS in CambTidgeshir¢ with the iniention of enabling margMaled young people to P8nicip I Creative opportuniti¢5. DASH- Curtsr in Residence Fundin8 for a curatorial commissio% programme fi)r three years. DASH- Exhibitio Funding for an Ain Bailey exhibiti titkd The janlEa Pmject in Juty and Au8ust 2021. DASH- EducatiibD Fundin8 to chaDge the eulbfft of the visual orts seciorso it bem¢S mow¢ inclw8iv¢ and a¢c¢55ibl¢. D'oyly Carte Cbarltsblt Trust A one.off grant towards free CTeative sessions outsid¢ for nw8inalistd Yn8 pwle in rurdl CbridgeShJtt iD 2021. Esmée Fairbirn FMndtio Funding to deliver a Childwen aTMI yTrg Peoples, Pro8ramrne overthree year5. SHz- Euphoni* Funding for an exhibition and live prrforrnance of the WO of Emma Srnith. F¢nton Arts Trn5t- Residenei¢s Fundi8 to sup Iwo resid¢nci¢s foT early ¢areerarttsts at Wysing. Fluxus Spring ExhilJi¢io Funding to support ao artist for a residency aDd the prth(aion of new wotk ID tbe framewotk of Fretth tooperation in the arts under the project titled"A Tendcr Ascent.. Purpose of designated funds Capital Ind. to be ed for fe&%ibility CO4 &%sociated with w#ainabk ¢apitsl inwvem¢nts. Page 37 continued...
IN TO THE FtN AR ATE 1122 19. MOVEMENT IN FUNDS- tontiffjied Equipment and MaiftteTb¢¢ - io ttpla¢e essetiti equip1 and larg¢r.s¢ak rnaint¢narK¢ work on buildings around the Wysing site. Programme Fuod - teserve held against fiu)din8 cuts and unachicved tncome alon8side one-off projects in¢ludingpubliutions and wd)site irnprovements. Personnel Fund - to eovtt Costs &ISlId with Img rni Sickness covu and legal costs in th¢ eveni of di&putes. Website Fund- to ¢over the costs of dev¢lop?ng and the website. TrAn$f¢rs Ixtwee• f¥nds Thc following amounts wett transferrtd from thc senernl reseThe to tl designated fityS$ to Yes¢ott the va]ue Of the drsigDaifd funds to that •grced by the Trustees.. £15,IM) to the Websit¢ fill 20. EMPIA)YEE BENEFIT OBLIGATIONS harity operot¢s a d¢fingJ witritttOA xherne and contributioTts are charged to the Sta*meni of Finala1 Activities as th¢y ac¢nx. Th¢¢harg¢ for the ye8T was £7.915 (2021.. £8.433). 21. RELATED PARTY DISCLOSURES During the ytaF tILC Trt$ m&k donations wit}l¢OndItiOnS totsllitig £1S.(KKI (2021: £15,1(%J). 22. FRC ETHICAL STANDARD- PROVISIONS AVAILABLE FOR SMALL ENTITILS In ¢on)mon with many other businesses of our si7£ and naturE we use our auditOT5 to prepare and Submit r¢turn$ to th¢ tax authoriti¢5 and assig with the pr¢panti¢M of the fina181 $tents. Page 38