| Page | ||
|---|---|---|
| Reference and administrative | details ofthe charity, its trustees and advisers | 1 |
| Directors report | 2-4 | |
| Examiners report | ||
| Statement offinancial activities | ||
| Balance sheet | ||
| Notes to the financial statements | 8-10 |
| 2821 | 2028 | 2028 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nate | 5 | 6 | 6 | 6 | |||||||||||
| CURRENT ASSETS | |||||||||||||||
| Debtors | 2,720 | 2,923 | |||||||||||||
| Discerning Eye artwork |
collection | 46307 | 43,707 | ||||||||||||
| Cash at bank | 154,756 | 1392126 | |||||||||||||
| 203,763 | 106,535 | ||||||||||||||
| CREDITORS:amounts | falling due within | one | year | 41,701 | -5,673 | ||||||||||
| 195,062 | 100WS | ||||||||||||||
| NET CURRENT ASSETS | 195,062 | 1002163 | |||||||||||||
| 195.062 | 1002163 | ||||||||||||||
| 10 | 195,062 | 100W3 | |||||||||||||
| Forthe year ending 28/02/21 the company | was entitled to exemption | from audit under | section 477 | ||||||||||||
| ofthe Companies Act 2006. |
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| The members have not |
required | the company | to obtain | an audit | in accordance with section 476ofthe | ||||||||||
| Companies Act 2006. |
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| The Directors acknowledge | their | responsibilities | for | complying | with | the requirements | ofthe Act with | ||||||||
| respect to accounting records and for the |
preparation | ofaccounts. | |||||||||||||
| These accounts have been prepared in accordance |
with | the provisions | applicable to companies | subject | |||||||||||
| to small companies regime. |
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| The 0nancial statements | were approved | by | the Directors on 31stOctober 2021and signed on their behalf, by |
| NOTES TO THE FESANCIALSTATENKNTS | NOTES TO THE FESANCIALSTATENKNTS | NOTES TO THE FESANCIALSTATENKNTS | NOTES TO THE FESANCIALSTATENKNTS | FORTHE YEAR | FORTHE YEAR | FORTHE YEAR | ENDED 28 EORIIARY | ENDED 28 EORIIARY | 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 5 | Charitable Activities |
|||||||||
| Agents Fees | 24,000 | 24,000 | ||||||||
| Agents commission on |
sales | 8,564 | 8,552 | |||||||
| Prixe winners payments |
5,500 | 42ISO | ||||||||
| Catalogue &Newsletter | costs | 1,100 | 300 | |||||||
| Printing costs Postage/email mailings |
&stationery | costs | 870 756 |
2,776 1,186 |
||||||
| Exhibition costs |
7364 | 21444 | ||||||||
| Credit card fees | 1,192 | 0 | ||||||||
| C24 Exhibition costs | 150 | 1486 | ||||||||
| Advertising | 15,399 | 8,669 | ||||||||
| IT/Website costs | 2,180 | 22167 | ||||||||
| Submission fees to Agent |
16,000 | 5,000 | ||||||||
| Transportation ofArusts |
works and | other | trmel costs | 0 | 5909 | |||||
| The Mall Calleries rent | 0 | 50,000 | ||||||||
| lnsurances | 564 | 981 | ||||||||
| Storage casts | 1.135 | 1,048 | ||||||||
| 84,774 | 139460 | |||||||||
| 6 | Covernance Costs |
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| Accountancy/Examiners | (ees | 1,429 | 1,793 | |||||||
| Education costs | 600 | 750 | ||||||||
| Bank charges | 67 | 90 | ||||||||
| Sundry expenses | 347 | 444 | ||||||||
| 2443 | 3077 | |||||||||
| 7 | Net Incoming Resources | |||||||||
| This is stated alter charging: | ||||||||||
| Accountants and examiners costs |
1,429 | 1,793 | ||||||||
| During the year Mm C Enskat received | an accountancy | feeoff1026 | ||||||||
| During the year, Directors | received reimbursement | of- | ||||||||
| expenses af6244 | ||||||||||
| 8 | Debtors | |||||||||
| Other debto m | 2,720 | 2.923 | ||||||||
| 9 | Cretntors | |||||||||
| Amounts falling due within one year |
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| Social security and other | taxes | |||||||||
| Other creditors and accruals | 8,702 | 5,673 |