| Annual report |
|
|---|---|
| Directors' report | |
| Accountant's | report |
| Statement offinancial activities | |
| Balance sheet | |
| Notes forming | part ofthe accounts |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| General | Restricted | Total | Total | ||
| Fund | Funds | Funds | Funds | ||
| Notes | |||||
| INCOMING RESOURCES | |||||
| From generated funds: |
|||||
| Voluntary income: |
|||||
| Subscriptions | 4,781 | 0 | 4,781 | 4,332 | |
| Resident artist rentals | 17,330 | 0 | 17,330 | 17,423 | |
| Tutor room rental | 1,837 | 0 | 1,837 | 2,200 | |
| Print room —etching tickets | 3,682 | 0 | 3,682 | 3,008 | |
| Print room —other income | 559 | 0 | 559 | 189 | |
| Screenprint tickets |
874 | 0 | 874 | 988 | |
| Open Studio | 618 | 0 | 618 | 299 | |
| Artist Pot Fund income | 0 | 502 | 502 | 95 | |
| Investment income |
909 | 0 | 909 | 392 | |
| Donations | 0 | 0 | 0 | 1,130 | |
| 30,590 | 502 | 31,092 | 30,056 | ||
| RESOURCES EXPENDED | |||||
| Charitable activities |
2 | 32,427 | 0 | 32,427 | 30,300 |
| Costs ofgenerating funds |
3 | 45 | 0 | 45 | 79 |
| Governance costs |
4 | 598 | 0 | 598 | 563 |
| 33,070 | 0 | 33,070 | 30,942 | ||
| NET INCOMINGI (OUTGOING) RESOURCES | (2,480) | 502 | (1,978) | (886) | |
| FUNDS BROUGHT FORWARD | |||||
| AT 1 SEPTEMBER2022 | 48,978 | 5,354 | 54,332 | 55,218 | |
| INCOMINGI (OUTGOING) RESOURCES |
|||||
| FOR THE YEAR | (2,480) | 502 | (1,978) | (886) | |
| FUNDS CARRIED FORWARD | |||||
| AT 31AUGUST 2023 | 46,498 | 5,856 | 52,354 | 54,332 |
| 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | ||||||||
| Fixed assets | ||||||||
| Tangible assets | 28,693 | 9,965 | ||||||
| Current assets | ||||||||
| Cash at bank and in | hand | 32,116 | 53,094 | |||||
| Creditors: amounts | falling | |||||||
| due within one year | 8,455 | 8,727 | ||||||
| Net current assets | 23,661 | 44,367 | ||||||
| Total assets less current | liabilities | 52,354 | 54,332 | |||||
| Reserves | ||||||||
| General fund | 46,498 | 48,978 | ||||||
| Restricted funds | 5,856 | 5,354 | ||||||
| 52,354 | 54,332 |
| Notes to the accounts 3.Costs ofgenerating |
for the year en funds |
ded 31August 2023-con | tinued | ||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| General | Restricted | Total | Total | ||
| Fund | Fund | Funds | Funds | ||
| 6 | F | 6 | |||
| Advertising | 45 | 0 | 45 | 79 | |
| 45 | 45 | 79 | |||
| 4.Governance costs | |||||
| 2023 | 2022 | ||||
| General | Restricted | Total | Total | ||
| Fund | Fund | Funds | Funds | ||
| 6 | f | ||||
| Reporting accountant's | fee | 585 | 0 | 585 | 550 |
| Other costs | 13 | 0 | 13 | 13 | |
| 598 | 598 | 563 |
| 6.Tangible assets | |||||
|---|---|---|---|---|---|
| Furniture L | Fixtures | 8 | Gas meter | Total | |
| Equipment | Fittings | Installation | |||
| 6 | 6 | 6 | |||
| Cost or valuation | |||||
| At 1 September 2022 | 13,397 | 9,199 | 5,000 | 27,596 | |
| Additions | 0 | 22,386 | 0 | 22,386 | |
| At 31 August 2023 | 13,397 | 31,585 | 5,000 | 49,982 | |
| Depreciation | |||||
| At 1 September 2022 | 13,397 | 1,734 | 2,500 | 17,631 | |
| Charge for the year | 0 | 3,158 | 500 | 3,658 | |
| At 31 August 2023 | 13,397 | 4,892 | 3,000 | 21,289 | |
| Net book value | |||||
| At 31 August 2023 | 26,693 | 2,000 | 28,693 | ||
| At 31 August 2022 | 0 | 7,465 | 2,500 | 9,965 | |
| 7.Creditors: amounts | falling due within one year | ||||
| 2023 | 2022 | ||||
| 6 | f. | ||||
| Sundry creditors and accrued expenses | 823 | 550 | |||
| Payments in advance |
2,998 | 3,828 | |||
| Key deposits | 4,634 | 4,349 | |||
| 8,455 | 8,727 |
| 9.Anal | ysis offunds | ||||
|---|---|---|---|---|---|
| Balance | Incoming | Resources | Balance | ||
| 1September | resources | expended | 31August | ||
| 2022 | 2023 | ||||
| 8 | 8 | ||||
| General | Fund | 48,978 | 30,590 | 33,070 | 46,498 |
| BCA Fund | 487 | 487 | |||
| Artists' | Pot Fund | 867 | 502 | 1,369 | |
| Print Room Fund | 4,000 | 4,000 | |||
| 54,332 | 31,092 | 33,070 | 52,354 |
| Tangible | Net current | Total | |||
|---|---|---|---|---|---|
| assets | assets | ||||
| 8 | 8 | ||||
| General | Fund | 28,693 | 17,805 | 46,498 | |
| Restricted | Funds | 5,856 | 5,856 | ||
| 28,693 | 23,661 | 52,354 |