2023-03-31-accounts - Yorkshire Artspace Society

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		For	Th Y r	lrl h	202
						2023	2022
				Unrestricted	Restricted	Total	Total
			Notes	funds f	funds f	funds f	fundsf
INCOME AND ENDOWMENTS		FROM
Donations and grants							2,145
Charitable activities
Support and promotion	ofarts and crafts			413,054	72,721	485,775	427,700
Total				413,054	72,721	485,775	429,845
EXPENDITURE ON
Charitable activities
Support and promotion	ofarts and crafts			375,727	174,344	550,071	521,130
NET INCOME/(EXPENDITURE)				37,327	(101,623)	(64.298)	(91,285)
RECONCILIATION OF	FUNDS
Total funds brought forward				70,603	3,693,587	3,764,190	3,855,475
TOTAL FUNDS CARRIED FORWARD				107,930	3,591,984	3,699,894	3,764,190

Rentals paid under operating l over the length ofthe lease.	Rentals paid under operating l over the length ofthe lease.	eases are charged to t	he Statement of Financia	l Activities cn a str	aight-line ba
DONATIONS AND GRANTS
				2023f	2022
Grants					2,145
Grants received, included	in the	above, are as follows:
				2023f	2022f
Exceptional coronavirus	grants				2,145
INCOME FROM CHARITABLE		ACTIVITIES
		Activity		2023f	2022f
Grants		Support and promotion	of arts and crafts	143,413	118,523
Members' contributions		Supporl and promotion	ofarts and crafts	332,778	307,085
Programme income		Support and promotion	ofarts and crafts	3,246	492
Other income		Support and promotion	ofarts and crafts	6,338	1,600
				485,775	427,700
Grants received, included	in the	above, are as follows:
				2023f	2022f
Arts Council regular funding				73,192	73,192
Communal kiln and engagement		project		45,964	45,331
Silver Space development				24,257
				143,413	118,523

			Grant
			funding of
			activities	Support
		Direct	(see note	costs (see
		Costs	6)	note 7)	Totals
		6
Supporl and promotion	ofans and crafts	538,105	2,027	9,939	550,071
GRANTS PAYABLE

Grants payable to individuals	Grants payable to individuals	in the year	as part ofthe charitable	activity were as follows.
				2023	2022
				8	6
Microgrants swarded to	arts	and crafts businesses		2,027	5,720
SUPPORT COSTS
					Govern-
					ance
					costs
					f
Support and promotion	ofarts and craRs				9,939
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is	stated after	charglnq/(crediting):
				2023	2022
Auditor's fees for audit services				2,000	1,650
Auditor's fees for nonwudit		services		2,520	2,000
Depreciation -owned assets				133,918	135,990
Government arts grant				(107,656)	(106,023)
Government coronavirus	grants				(2,145)
Professional fees included in governance			costs	5,419	1,300

10.	STAFF COSTS
						2023	2022
	Wages and salaries					144,518	143,074
	Social security costs					9,408	7,572
	Other pension costs					3,407	3,290
						157,333	153,936
	The average monthly	number of	employees		during the year was as follows:
						2023	2022
	Charitable activities					5	5
	No employees received emoluments			in excess of660,000.
	Key management personnel remuneration				was 651,576(2022:F50,568).
11.	COMPARATIVES FOR THE STATEMENT				OF FINANCIAL ACTIVITIES
					Unrestricted	Restricted	Total
					funds	funds	funds
					f	6	6
	INCONIE AND ENDOWMENTS		FROM
	Donations and grants				2,145		2,145
	Charitable activities
	Support and promotion	ofarts and crafts			380,952	46,748	427,700
	Total				383,097	46,748	429,845
	EXPENDITURE ON
	Charitable activities
	Support and promotion	of arts and crafts			370,438	150,692	521,130
	NET INCOME/(EXPENDITURE)				12,659	(103,944)	(91,285)
	RECONCILIATION OF FUNDS
	Total funds brought forward				57,944	3,797,531	3,855,475
	TOTAL FUNDS CARRIED FORWARD				70,603	3,693,587	3,764,190

TANGIBLE FIXEDASS	ET	S
				Long
				leasehold	Long
				building	leasehold
			(Exchange		building			Furniture
				Place	(Persistence	Plant	and	and
				Studios) f	Works) f	machinery f		equipment f	Totals f
COST
At 1 April 2022				847,622	5,222,259	8,424		161,940	6,240,245
Additions						25,931		10,600	36,531
At 31 March 2023				847,622	5,222,259	34,355		172,540	6,276,776
DEPRECIATION
At 1 Apdil 2022				251,756	2,186,856			120,294	2,558,906
Charge foryear				21,191	104,445			8,282	133,918
At 31 March 2023				272,947	2,291,301			128,576	2,692,824
NET BOOK VALUE
At 31 March 2023				574,675	2,930,958	34,355		43,964	3,583,952
At 31 March 2022				595,866	3,035,403	8,424		41,646	3,681,339
DEBTORS:AMOUNTS	FALLING		DUE WITHIN ONE YEAR
								2023 f	2022 f
Trade debtors								14,867	5,263
Prepayments and accrued		income							32,831
								14,867	38,094
CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
								2023	2022
Trade creditors								40,726	4'1,341
Members' deposits								18,089	17,329
Social security and other	taxes							6,808	5,695
Accruals and deferred income								39,973	28,016
								105,596	92,381
LEASING AGREEMENTS
The minimum future lease		payments		falling due are:
						2023 f			2022
Within one year							100		100
In the second to fifth years							400		400
After more than five years						9,600			9,700
						10,100			10,200

										2023	2022
								Unrestricted	Restricted	Total	Total
								funds	funds	funds	funds
										F
	Fixed assets							7,513	3,575,439	3,583,952	3,68'l,339
	Current assets							205,448	16',090	221,538	175,232
	Current liabilities							(105,031)	(566)	(105,596)	(92,381)
								107,930	3,591,964	3,699,894	3,764,190
17.	MOVEMENT IN FUNDS
									Net	Transfers
									movement	between	At
								At 1.4.22	in funds f	funds f.	31.3.23 f
	Unrestricted funds
	General fund							38,028	51,356	(13,113)	76,271
	Fixed assets fund							9,229	(1,716)		7,513
	Planned Property Cost							22,346	(11,697)	13,113	23,762
	Artist Development							1,000	(616)		384
								70,603	37,327		107,930
	Restricted funds
	National Lottery Building Costs							2,184,025	(74,866)		2,109,159
	ERDF Building Costs							843,448	(29,307)		814,141
	English Partnsrships		Building Costs					7,930	(272)		7,658
	Programme Activity								2,500		2,500
	Arts Council development			project				590	(118)		472
	Arts Council Small Capital			Grant				450,000	(12,500)		437,500
	Sheffield City Council		donation		in	kind		84,600	(2,350)		82,250
	Capital donations & fundraising							8,806	(245)		8,561
	Required contdbution		from retained				funds
	to capital project							84,287	(12,544)		71,743
	Arts Council NLPG	for communal				kiln and
	engagement project							28,901	8,847		37,748
	Other contributions	to	communal			kiln	and
	engagement project							1,000	(1,000)
	Silver Space development								20,232		20,232
								3,693,587	(101,623)		3,591,964
	TOTAL FUNDS							3,764,190	(64,296)		3.699,894

Net movement in fund	s, included		in	the above are as fol	lows:
					Incoming	Resources	Movement
					I'esoui'ces	expended	in funds
					8		E
Unrestricted funds
General fund					339,862	(288,506)	51,356
Fixed assets fund						(1,716)	(1,716)
Arts Council regular funding					73,192	(73,192)
Planned Property Cost						(11,697)	(11,697)
Artist Development						(616)	(616)
					413,054	(375,727)	37,327
Restricted funds
National Lottery Building Costs						(74,866)	(74,866)
ERDF Building Costs						(29,307)	(29,307)
English Partnerships	Building Costs					(272)	(272)
Programme Activity					2,500		2,500
Arts Council development project						(118)	(118)
Arts Council Small Capital Grant						(12,500)	(12,500)
Sheffield City Council	donation	in	kind			(2,350)	(2,350)
Capital donations 8fundraising						(245)	(245)
Required contribution	from retained			funds
to capital project						(12,544)	(12,544)
Arts Council NLPG for communal			kiln and
engagement project					33,464	(24,617)	8,847
Match funding for communal kiln			and
engagement project					12500	(12,600)
Other contnbutions to communal			kiln cnd
engagement project						(1,000)	(1,000)
Silver Space development					24,257	(4,025)	20,232
					72,721	(174,344)	(101,623)
TOTAL FUNDS					485,775	(550,071)	(64,296)

MOVEMENT IN FU	NDS - cont	NDS - cont	NDS - cont	in	ued	ued
Comparatives for	movement			in	funds
								Net	Transfers
								movement	between	At
							At 1.4.21 f	in funds	funds f	31.3.22 f
Unrestricted funds
General fund							46,803	14,804	(23,579)	38,028
Fixed assets fund							11,141	(2,145)	233	9,229
Planned Property Cost									22,346	22,346
Artist Development									1,000	1,000
							57,944	12,659		70,603
Restricted funds
National Lottery Building Costs							2,258,891	(74,866)		2,184,025
ERDF Building Costs							872,756	(29,308)		843,448
English Partnerships		Building Costs					8,201	(271)		7,930
Arts Council development			project				736	(148)		590
Arts Council Small Capital			Grant				462,500	(12,500)		450,000
Sheffield City Council		donation		in	kind		86,950	(2,350)		84,600
Capital donations &fundraising							9,051	(245)		8,806
Required contribution		from retained				funds
to capital project							98,444	(14,157)		84,287
Arts Council NLPG	for communal				kiln snd
engagement project								28,901		28,901
Other contributions	to	communal			kiln snd
engagement proJect								1,000		1,000
							3,797,631	(103,944)		3,693,587
TOTAL FUNDS							3,855,475	(91,285)		3,764,190

Comparative net mov	ement in f	un	ds,	included in the ab	ove are ss follows:
					Incoming	Resources	Movement
					resources	expended	in funds
					E	6
Unmstrictsd funds
General fund					383,097	(366,293)	14,804
Fixed assets fund						(2,145)	(2,145)
					363,097	(370,438)	12,659
Restricted funds
National Lottery Building Costs						(74,866)	(74,866)
EROF Building Costs						(29,308)	(29,308)
English Partnerships	Building Costs					(271)	(271)
Programme Activity					417	(417)
Arts Council development project						(148)	(148)
Arts Council Small Capital Grant						(12,500)	(12,500)
Sheffield City Council	donation	in	kind			(2,350)	(2,350)
Capital donations &fundraising						(245)	(245)
Required contribution	from retained			funds
to capital project						(14,157)	(14,157)
Arts Council NLPG for communal			kiln and
engagement project					32,831	(3,930)	28,901
Match funding for communal kiln			and
engagement proJect					12,500	(12,500)
Other contributions to communal			kiln and
engagement project					1,000		1,000
					46,746	(150,692)	(103,944)
TOTAL FUNDS					429,645	(521,130)	(91,285)

c o at Fina ci	c o at Fina ci	o I I o In ch 2023
MOVEMENT IN FUNDS - continued
Enterprising Barnsley		63,307
Sheffield City Council		81,000
JG Graves Charitable	Trust	63,000
Goldsmiths Centre		F10,000
Radcliffe Trust		66,960