2023-03-31-accounts - Same Sky Ltd

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

			Page
Report ofthe Trustees		l	to	5
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial Statements		9	to	20

					2023	2022
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	f,
INCOME AND ENDOWMENTS FROM
Donations and legacies			1,030	7,308	8,338	14,829
Charitable activities
Art projects and events			3,843	20,500	24,343	50,128
Other trading activities			13,154	305,954	319,108	181,245
Investment income			3,486	1,002	4,488	2,831
Total			21,513	334,764	356,277	249,033
EKPENDITURE ON
Raising funds			257		257	1,160
Charitable activities
Art projects and events			102,106	224,662	326,768	278,503
Support costs			4,330		4,330	4,207
Total			106,693	224,662	331,355	283,870
NET INCOME/(EXPENDITURE)			(85,180)	110,102	24,922	(34,837)
Transfers between funds		16	85,350	(85,350)
Net movement in funds			170	24,752	24,922	(34,837)
RECONCILIATION	OF FUNDS
Total funds brought forward			76,451	9,084	85,535	120,372
TOTAI FUNDS CARRIED FORWARD			76,621	33,836	110,457	85,535

BALANCE SHEET 31MARCH 2023
					2023	2022
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
CURRENT ASSETS
Debtors		14	72,848		72,848	44,954
Cash at bank and in hand			33,156	33,835	66,991	67,924
			106,004	33,835	139,839	112,878
CREDITORS
Amounts falling due within	one year	15	(29,382)		(29,382)	(27,343)
NET CURRENT ASSETS			76,622	33,835	110,457	85,535
TOTAL ASSETSLESSCURRENT
LIABILITIES			76,622	33,835	110,457	85,535
NET ASSETS			76,622	33,835	110,457	85,535
FUNDS		16
Unrestricted funds					76,622	76,451
Restricted funds					33,835	9,084
TOTAL FUNDS					110,457	85,535

	NEST. In the cu	rrent year the employee contributes 5%and the emplo	rrent year the employee contributes 5%and the emplo	rrent year the employee contributes 5%and the emplo	yer contributes 3%.
	DONATIONS	AND LEGACIES
					2023	2022
	Donations				8,338	4,029
	Grants					10,800
					8,338	14,829
	Grants received,		included	in the above, are as follows:
					2023	2022
	Brighton and Hove City			Council - Core Grant		10,800
3.	OTHER TRADING ACTIVITIES
					2023	2022
	Sales				524
	Project Income				318,584	181,245
					319,108	181,245
4.	INVESTMENT		INCOME
					2023	2022
						f.
	Rents received				4,417	2,831
	Deposit account		interest		71
					4,488	2,831

INCOME FROM	CHAR	ITABLE	ACTIVITIES
				2023	2022
		Activity
Online filing incentive		Art	projects and events	3,843	3,428
Grants		Art	projects and events	20,500	46,700
				24,343	50,128
Grants received, included		in the above, are as follows:
				2023	2022
Arts Council England - Burning the			Clocks	17,500
Arts Council England - Department			for Digital, Culture, Media and Sport.		46,700
Chalk Cliff Trust -	Burning the Clocks			3,000
				20,500	46,700
RAISING FUNDS
Raising donations	and legacies
				2023	2022
					K
Marketing				89	182
Research and Development				168	387
Website					591
				257	1,160
CHARITABLE ACTIVITIES COSTS

CHARITABLE ACTIVITIES COSTS
	Direct	Support
	Costs (see	costs (see
	note 8)	note 9)	Totals
Art projects and events	326,768		326,768
Support costs		4,330	4,330
	326,768	4,330	331,098

DIRECT COSTSOF	CHARITABLE ACTIVITIES
		2023	'2022
Workers Fees and Project Costs		286,205	238,703
Rent and Services		17,760	15,486
Light and Heat		5,110	5,268
Rates and Water		1,826	2,161
Health and Safety			200
Building Maintenance		2,432	4,303
Housekeeping			8
Insurance		7,340	7,031
Postage		186	98
Telephone and Internet		995	895
Equipment Repairs		1,568	2,551
Stationery		28	248
Subscriptions and Memberships		541	671,
Bank and Credit Card	Charges	119	120
Computer costs		1,773
Motor and Travel		885	760
		326,768	278,503
SUPPORT COSTS
			Governance
			costs
Support costs			4,330
Support costs, included	in the above, are as follows:
		2023	2022
		Support	Total
		costs	activities
Independent Examination		1,450	1,457
Bookkeeping		2,880	2,750
		4,330	4,207

			2023	2022
Salaries			50,690	40,317
Employers	National	Insurance	3,843	3,428
Pension Costs			939	2 192
			55 472	~45 37

employment benefits to its key management personnel (including employers nati contributions) was f35,485 (2022:X36,610).	employment benefits to its key management personnel (including employers nati contributions) was f35,485 (2022:X36,610).	onal insurance	and pension
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
	Unrestricted	Restricted	Total
	funds	funds	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies	10,799	4,030	14,829
Charitable activities
Art projects and events	3,428	46,700	50,128
Other trading activities		181,245	181,245
investment income	1,649	1,182	2,831
Total	15,876	233,157	249,033
EXPENDITURE ON
Raising funds	1,160		1,160
Charitable activities
Art projects and events	80,281	198,222	278,503
Support costs	4,207		4,207
Total	85,648	198,222	283,870
NET INCOME/(EXPENDITURE)	(69,772)	34,935	(34,837)
Transfers between funds	59,549	(59,549)
Net movement in funds	(10,223)	(24,614)	(34,837)
RECONCILIATION OFFUNDS
Total funds brought forward	86,672	33,700	120,372
TOTAL FUNDS CARRIED FORWARD	76,449	9,086	85,535

13.	TANGIBLE FIXEDASSETS
			Fixtures
		Short	and
		leasehold	fittings	Totals
	COST
	At 1 April 2022 and 31March 2023	181,305	40,903	222,208
	DEPRECIATION
	At 1 April 2022 and 31March 2023	181,305	40,903	222,208.
	NET BOOK VALUE
	At 31March 2023
	At 31March 2022
14.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
			2023	2022
	Trade debtors		69,321	44,631
	Prepayments		3,527	323
			72,848	44,954
15. '	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2023	2022
	Social security and other taxes		736
	VAT		25,917	25,393
	Other creditors		150	150
	Accrued expenses		2,579	1,800
			29,382	27,343

MOVEME	NT	IN FUNDS
					Net	Transfers
					movement	between	At
				At 1.4.22	in funds	funds	31.3.23
Unrestricted		funds
General fund				59,131	(85,179)	85,350	59,302
Designated	Fund - Research		and
Development	re:Sustainability		Planning	17,320			17,320
				76,451	(85,179)	85,350	76,622
Restricted funds
Bore Place					2,348	(2,348)
Burning the	Clocks				(1,970)	1,970
Chichester				(1,111)	3,655	(2,544)
Children's Parade 2022				9,351	(13,429)	4,078
Children's Parade 2023					32,835		32,835
Diwali					1,929	(1,929)
Festival ofLight					15,623	(15,623)
Gloriana					1,488	(1,488)
Glow Wild					15,873	(14,873)	1,000
Horsham				(2,972)	3,914	(942)
Hounslow					6,548	(6,548)
Jack on the	Green				2,023	(2,023)
Leonardslee					6,151	(6,151)
Maidenhead					6,740	(6,740)
Miscellaneous					1,812	(1,812)
National Trust		- Xmas			6,804	(6,804)
Platinum Jubilee Pageant					12,332	(12,332)
Sheffield Park					583	(583)
StGeorges	Gravesend				984	(984)
Totton					4,955	(4,955)
Uckfield					2,008	(2,008)
Wildheart				3,816	(3,105)	(711)
				9,084	110,101	(85,350)	33,835
TOTAL FUNDS				85,535	24,922		110,457

Net movement in funds, included in the above	are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	21,513	(106,692)	(85,179)
Restricted funds
Bore Place	3,600	(1,252)	2,348
Burning the Clocks Chichester	32,895 5,001	(34,865) (1,346)	(1,970) 3,655
Children's Parade 2022	19,636	(33,065)	(13,429)
Children's Parade 2023	41,143	(8,308)	32,835
Diwali	4,300	(2,371)	1,929
Festival ofLight Gloriana	31,988 5,000	(16,365) (3,512)	15,623 1,488
Glow Wild	57,033	(41,160)	15,873
Horsham	16,436	(12,522)	3,914
Hounslow	18,000	(11,452)	6,548
Jack on the Green	8,511	(6,488)	2,023
Leonardslee	8,068	(1,917)	6,151
Maidenhead	15,605	(8,865)	6,740
Miscellaneous	5,719	(3,907)	1,812
National Trust - Xmas	15,117	(8,313)	6,804
Platinum Jubilee Pageant Shef5eld Park	28,000 3,000	(15,668) (2,417)	12,332 583
StGeorges Gravesend Totton	3,401 7,140	(2,417) (2,185)	984 4,955
Uckfield	5,171	(3,163)	2,008
Wildheart		(3,105)	(3,105)
	334,764	(224,663)	110,101
TOTALFUNDS	356,277	(331,355)	24,922

Comparative	s for movement	in funds
				Net	Transfers
				movement	between	At
			At 1.4.21	in funds	funds	31.3.22
Unrestricted	funds
General fund			64,672	(69,770)	64,229	59,131
Designated	Fund - Research	and
Development	re:Sustainability	Planning	22,000		(4,680)	17,320
			86,672	(69,770)	59,549	76,451
Restricted funds
Arts Council				(2,260)	2,260
Basingstoke				2,250	(2,250)
Burning the	Clocks			(695)	695
Chiche ster				(1,111)		(1,111)
Children's Parade 2021			(2,239)	2,601	(362)
Children's Parade 2022				13,351	(4,000)	9,351
Chime			1,750	7,459	(9,209)
Dagenham			3,000		(3,000)
Depetment	for Digital, Culture, Media and
Sport			(1,656)	2,198	(542)
Eastbourne				5,459	(5,459)
Festival ofLight				5,727	(5,727)
Glow Wild			5,663	14,657	(20,320)
Horsham			1,500	(4,472)		(2,972)
Jack on the	Green		1,000		(1,000)
Leonardslee				3,005	(3,005)
Miscellaneous				1,478	(1,478)
Shef5eld Park				1,098	(1,098)
StGeorges Gravesend			768	(272)	(496)
Under Wild	Wood Tree		(654)	3,248	(2,594)
Wildheart			24,568	(20,752)		3,816
Worthing				1,964	(1,964)
			33,700	34,933	(59,549)	9,084
TOTAL FUNDS			120,372	(34,837)		85,535

			Incoming	Resources	Movement	Movement
			resources	expended	in	funds
Unrestricted	funds
General fund			15,876	(85,646)	(69,770)
Restricted funds
Arts Council				(2,260)		(2,260)
Basingstoke			2,450	(200)		2,250
Burning the	Clocks		7,948	(8,643)		(695)
Chiche ster				(1,111)		(1,111)
Children's Parade 2021			20,000	(17,399)		2,601
Children's Parade 2022			22,093	(8,742)	13,351
Chime			17,500	(10,041)		7,459
Department	for Digital, Culture,	Media and
Sport			46,701	(44,503)	' 2,198
Eastbourne			9,512	(4,053)		5,459
Festival ofLight			9,385	(3,658)		5,727
Glow Wild			65,480	(50,823)	14,657
Horsham				(4,472)		(4,472)
Leonardslee			9,000	(5,995)		3,005
Miscellaneous			4,086	(2,608)		1,478
Sheffield Park			2,000	(902)		1,098
StGeorges Gravesend			1	(273)		(272)
Under Wild	Wood Tree		10,501	(7,253)		3,248
Wildheart				(20,752)	(20,752)
Worthing			6,500	(4,536)		1,964
			233,157	(198,224)	34,933
TOTAL FUNDS			249,033	(283,870)	(34,837)