2022-08-31-accounts - Arun Arts Company Limited

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				Page	Page
Contents	page
Company	information
Directors' report				3	— 5
Statement	of financial	activities		6	— 7
Balance	sheet
Notes to	the financial	statements		10	— 19
Independent examiner's		report	on the accounts	20	— 21

		Arun	Arun	Arts	Arts	Arts		Company	Limited
	(A Company Statement				Limited By Of Financial				Guarantee) Activities
For The Incorporating CURRENT YEAR — 12 months to			Year Ended 31st August income and expenditure 31st August 2022							2022 account
				Unrestricted					Restricted			Total
		Notes					Funds			Funds
INCOMINQ Incoming	RESOURCES Resources from	Generated				Funds
Voluntary	income							36,081				36IQ81
Activities Funds	for Generating	3b								1,000		323,	481
Incoming Charitable	Resources from Sources
TOTAL INCONINQ RESOURCES								358I562		1	QQQ	35/	562
RESOURCES	EXPENDED
Costs of	Generating Funds
Costs of Voluntary	Generating Income							13,457				13,457
Charitable	Activities							326z670				3 ' 6,	670
Governance	Costs							41~007				41,	0Q7
TOTAL RESOURCES EXPENDED								381,134				38lg134
NET INCONINQ (OUTGOING)		RESOURCES						(2 ,572!
			HOVENENT					ON RESERVES
NET INCONINQ (OUTGOING)		RESOURCES						(22,572)		1,000		(21,572
TOTAL FUNDS BROUGHT FORWARD								63~920		lI	818	65	738
TOTAL FUNDS CARRIED FORWARD										2,	818	44,	166

Arun Arts Company (A Company Limited By Statement Of Financial	Arun Arts Company (A Company Limited By Statement Of Financial	Arun Arts Company (A Company Limited By Statement Of Financial	Limited Guarantee) Activities
Restricted For The Year Ended 31st August 2022 Incorporating income and expenditure account PREVIOUS YEAR —12 months to 31st August 2021 Unrestricted					Total
Notes		Funds	Funds
INCOMING RESOURCES
Incoming Resources from Generated Voluntary income 3a	Funds 191,092				191~092
Activities for Generating Funds 3b		~5,302			35(	302
Incoming Resources from Charitable Sources		6,917			6,	917
TOTAL INCOMING RESOURCES					233I	311
RESOURCES EXPENDED
Costs of Generating Funds
Costs of Generating Voluntary Income					2,	528
Char itable Activities		~13.,O6~		348	k1 )	'7g
Governance Costs					31I	37 7
		245,768		348	246,	116
NET INCONINQ (OUTGOING) RESOURCES		(12i457)			(12,805;:
NET INCOMINQ (OUTGOING) RESOURCES
NET INCOMING RESOURCES IN YEAR			(348)		( 1?	805'
TOTAL FUNDS BROUGHT FORWARD		gr i Ggd I!	".,	166	78,	543
TOTAL FUNDS CARRIED FORWARD

			Arun Arts Company Limited (A Company Limited By Guarantee) Balance Sheet	Arun Arts Company Limited (A Company Limited By Guarantee) Balance Sheet	Arun Arts Company Limited (A Company Limited By Guarantee) Balance Sheet	Arun Arts Company Limited (A Company Limited By Guarantee) Balance Sheet	Arun Arts Company Limited (A Company Limited By Guarantee) Balance Sheet	Arun Arts Company Limited (A Company Limited By Guarantee) Balance Sheet	Arun Arts Company Limited (A Company Limited By Guarantee) Balance Sheet	Arun Arts Company Limited (A Company Limited By Guarantee) Balance Sheet
				As	At	31st August			2022
						2022
			Un Restricted			Restricted		Total		Un Restricted		Restricted Total
				Funds		Funds				Funds		Funds
						Notes
Fixed Assets
Tangible assets		2		45,228			45,		-28	E			5)3 75)1
Current Assets
Stock Debtors Cash at bank	and	4,000 6 6,144 hand179, 358				2g 818		, ,	000 144 j	997 149g727		ls818	5,997 151,545
			189,502			8 t						1,818
Creditors
Amounts falling vithin one year	due	7	150,404							99,	722
Net Current Assets				39,098		2,818				56	002	1,818
Total assets less current liabilities Creditors				84,326		2,818	87,		144	109,753			111,5)71
Amounts falling after one year	due	7		42,978						45I	833		45@Q )
Net Assets				, 348		g818	44,		166	63,	920		65,738
Funds of the Charity General Funds				41,348			41,		348	63,	920		63~920
Restricted Funds						2,818	2,		818				1,818
Total funds				41,348			44,		166	63	9.0	J.g8'8	65,:38

			2022	2021
Bank loan Trade cred1tors Taxation and social security Other creditors and accruals			4,167 10,329 38@268 97,640	4,167 4,171 ~vj 49 70,891
				99,722

Other cred	itors an	itors an	accrua	accrua	ls					38@ 97,640		~vj 49 70,891 99,722
1.19 Creditozs:	amounts		falling		due	after	more		than	one year
										2022		2021
Bank loans										42,978
1.20 Share capital
										2022	2021
The company by guarantee.	has no share capital Limit of guarantee					and is 210 per		authorised member.
1.21 Reserves
											Profit and
												loss
												ccount
Balance at 1st September Retained (loss)/profit				2021 for the		year.					(	65~7 ~1,
Balance at	31st	August		2022								44,166

angible fixed a	sse	ts
				Total	Unrestricted	Restricted
						'E
Fixtures fittings Cost or valuation: At 1st September Additions		and 2021	equipment	159,619 3, 678	159@619 3, 678
Dlsposals
At 31st August	2022			16~gz97
Depreciation: At 1st September Charge for year Disposals		2021		'*.05,868 12,201	105,868 12, F01
At 31st August	2022			118,069	118,069
Net book va 1ue At 31st August	at 2022				45,228
Net book value at At 1st September		2021		53I751

CURRENT YEAR {12months ended	CURRENT YEAR {12months ended	31st August	2022)
3.INCOMING RESOURCES	Notes	Urrestric ed Funds	Designa Funds	ed
a) Voluntary Income Friends Membership Other Cash Collections Grants		2j 10, 21 44. 038 009				, 442 038 592 QQ9
		36,081				36,081
b} Activities for Generating Theatre Activities Cater ng Other		Funds ')WQ 89,864			1,000	233'370 89,864 247
		322g481			li 000	323(481
c) Incoming Resources Charity Shop Sales Donation	from Charitable Act		ivities
PREVIOUS YEAR (Year ended 31st August 2021)
3.INCOMING RESOURCES	Notes	Unrestricted Funds	Desi gna Fund		Furids
a) Voluntary Income Friends Memberships Other
Cash Collections Trusts and Grants		2,054 '89,038				054 038
		191,092
b) Activities for Generating Theatre Income Catering Income Other		Funds 30 97- 4,265 65				30,972 4 -65
		35,302
c) Incoming Resources Charity Shop Sales Dorlat ions	from Charitable Activities 6,917					6~917
		6,917

F	or	The	Year Ended 31	Year Ended 31	st August 20	22
CURRENT YEAR (12 months		ended	31st August		2022)
4.RESOURCES EXPENDED		Notes		Unrestricted Funds	Designated Funds	Restricted Funds
a) Costs of Generating Advertising Costs Marketing Pririting	Voluntary			Income 4,753 8I704			4,753
				13,457			13I457
Charitable Activities Theatre activities Catering Charity Silop costs Performing rights Signage Cleaning Telephone Printing, post and stationery IT experises Hire ectuipment and leasing Repairs and renevals Service charges Light and heat Rates Tr'ainlng Tr'ave 11i lig				57,009 34,226 2,627 (9,448) r, in I U lQ j ' 71 I 334 i 'U'k 240 , 786 593 , 400 732 403			57 34 (9 009 , 627 , 448 2 3 10 '1J. 16 , 048 ~271 , 845 g 124 I104 240 , 786 o'93 I 400 7 403
Motor expenses Insurarices Commun ty events Depreciation Salaries and NI Pensions		8		/ n GV , 671 , 908 , 20 ' Io97			0 12 560 n 7 1 gQ! J I 908 , 202 i 537
Volunteers expenses Sundry experises				, 878 I 744			878 1,744
				326,670			326,670
Qovernance Costs Finance charges H R fees VAT Disallovarice Independarit examination				'1 i 14, 421 208 828			14,421 "-,208 14@828
Accountancy Bad debts				2,200			2,200
Book-keeping Legal and professional				7,350			7,350
				41,007			41,007

For	The Ye	ar Ended 31	st August	202	2
PREVIOUS YEAR {12 months	ended	31st August	202
4.RESOURCES EXPENDED	Notes	Unrestricted Funds	Designa Fund	ted	Restricted Furids
					E
Costs of Generating Voluntary Advertising costs Marketing and printing		Income				2~ ''28
		2,528				2,528
Charitable Activities
Theatre Activities Catering Charity shop cosi s Performing rights Sigriage Cleaning Te1ephiolle Printing post and stationery IT expenses Hire of equipment and leasing Repairs and rerewals Service charges Ligh and heat Rates to ADC and refuse Tralnlilg Travelling		43I395 7,034 5,000 li 327 1p 454 nnq 2,454 2~055 13@572 131631 16,099 16 6,288 360 9			348	43, 7i5, 1/ 1I3, 2 g 2/ 13~ 13 395 034 QQQ 327 348 454 789 454 VLCC U '3 572 631 Q99 16 288 .3-n DO 0
Motor expenses Insurarices Community events Depreciation Salaries and NI Volunteers expenses Sundry expenses	8	38 5,976 14,063 70,612 1,089 3,634				14, 70,1, 3/ 38 063 612 089 634
		211,863			348	212,211
Governance Costs
Bank charges Credit card charges Bad debts VAT disallowance Barlk interest		'3 0 3C. ' J.gDDD 698 5,958				516 3536 698 958
H R fees		2I189
Independant examination Accountancy Legal fees		300 10,360				3 r3 Q 1QI360
		31,377				31g 377
		—16—

	Arun Arts Company Limited (A Company Limited By Quarantee) Notes To The Financial Statements (continued) For The Year Ended 31st August 2022
5.	RESTRICTED FUNDS
	The entity held restricted funds at the end of the financial year of F2,818 (2020 61,818). This relates to grants received from Bognor Regis Tovn Council for signage Z1,377 (2021 E1,377) and donations for a defibrilator 8441 (2021 8441) and for groundwork 2021 81,000. It is a legal requiremerit that funds received be used for the purposes received and trustees can be required personally to repay any monies if such funds are used for other purposes.
6.	DEBTORS AND PREPAYMENTS
	Debtors including that in restricted funds. 2022	2021
		f.
	Trade Debtors Prepayments 4,083 2,061	5 555 1~140
	6,144	5,	997
7.	CREDITORS AND ACCRUAI S AMOUNTS FALLINQ DUE WITHIN ONE YEAR Unrestricted Restricted	Total
	Fund Fund
	As at 31st August 2022 Bank loan Trade creditors Accountancy and audit fees Performing rights society Taxation Theatre receipts received in advance 4,167 10 329 11,692 4, (00 (9 537 129q053	10, 11~ 4, j 9 129 g	167 326 695 700 537 053
	Wages
	150,404
	As at 31st August 2020 Trade creditors Accountancy and audit fees Performing rights society Taxation Theatre receipts received iri advance 4I171 11,695 ( (E~ 104,415	4,171 11,695 5QQ (27,226 104I415
	Wages
	95,555
7.	CREDITORS AND ACCRUALS AMOUNTS FALLINQ DUE AFTER Unrestricted ONE YEAR Restricted	Total
	Fund Fund
	As at 31st August 2022 Bank Loan 42I978	42,	978
	As at 31st August 2021 Bank Loan 45,833	45'	833

				~ ~
Report	to the trustees
				Arun Arts Company Limited
On accounts for			the year ondorj	31"August 2022 Charity no 1061163 (ifany)
	ouk	m	p ge
				I report to the trustees on my examination ofthe accounts ofthe above mL«ne «L«« /«4k' rw «L««L 4r Lkm ~ mme r v 2 4 94 IAOI ln L«l Icll IL7 t LI IK I I UoL / IIJI LI I& yvcll c I IUL U 4 IIvLPIcvcc..
Responsibilities basis ofreport		and		As the charity s trustees, you afe Iespofisible foi the pieparation oftiie accounts in accordance with the requirements ofthe Charities Act 2011 ("the Act").
				I report in respect of my examination of the Trust's accounts carried out under section 145ofthe 2011Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b)ofthe Act.
Indapendent ej(aminer $statement				TTho rohar/ty'S grOSS inrnme oXrcoded t 250 QQQ anrl I am qllalifiod tO undertake the examination by being a qualified member ofthe ICB.
				I have completed my examination. I confirm that no material matters have
				coiile Lo iTiy atL8ALioA iA coAnectioA wlih tiie exaiTiiAatioA {otiiei tiiaA Liiai disclosed below *)which gives me cause to believe that in, any material respect:
				~ the accounting records were not kept in accordance with section 130
				ofthe Charities Act; or
				~ the accounts did not accord with the accounting records; or
				~ the accounts did not comply with the applicable requirements concerning the form and content ofaccounts set out in the Charities
				(Accounts and Reports) Regulations 2008 other than any requirement that the aCCni intS riiV8 6 'true and fair' VieW WhiCh iS nnt a matter
				considered as part of an independent examination.
				I have no concerns and have come across no other matters in connection
				with the examination to which attention should be drawn in this report order to enable a proper understanding ofthe accounts to be reached.	in
				"P/ease de/etc t/ie vYviusiil the uracketsif they do Aot app/y.
		Signed:		Date: 15th February 2023
			Name:	David Long
Relevant professional qllaltft atjnnfSII rLr bOrdv				(ICB) Institute of Certified Bookkeepers
		(ifany):