2023-03-31-accounts

				Page
Reference and Administrative		Details ofthe Charity,	its Trustees and Advisers
Chair's Statement
Trustees' Report				3-17
Independent Auditor's	Report	on the financial statements		18-20
Statement of Financial	Activities			21
Balance Sheet				22
Statement ofCash Flows
Notes to the Financial	Statements			24-40

Trustees					EAdair, Chair (appointed	EAdair, Chair (appointed	EAdair, Chair (appointed	24 February 2023)	24 February 2023)
					C A Wills (resigned 23 February 2023)
					A Asres
					A Brooks (appointed		10	March 2023)
					J Curran (appointed		10March 2023)
					EWood (resigned	23 February 2023)
					T Raabe-Webber	(resigned			1 February 2023)
					BEsapathi
					S Hansom (resigned		23	February 2023)
					J Cooke (resigned	23 February 2023)
					M Faull (resigned	23 February 2023)
Chief executive					SThornbury
Company	registered			number	03345162
Charity registered			number		1063671
Registered		office			The Art House
					Drury Lane
					Wakefield
					WF1 2TE
Independent		auditors			Saffery LLP
					Chai ter ed Accoui	Itanis
					Mitre House
					North Park Road
					Harrogate
					HG1 5RX
Bankers					Unity Trust Bank pic
					4 Brindley Place
					Birmingham
					B12HB
Solicitors					Hem psons
					The Exchange
					Station Parade
					Harrogate
					HG1 1 DY

						Unrestricted	Restricted
						Funds	Funds	Total Funds	Total Funds
						2023	2023	2023	2022
					Note		F
Income from:
Donations and	legacies					381,096	75,052	456,148	555,434
Charitable activities						99,680		99,680	86,972
Other trading activities						261,766		261,766	224,526
Investments						247		247	12
Other income									158,001
Total income								817,841	1,024,945
Expenditure:
Cost of raising	funds					271,163	67,786	338,949	339,841
Expenditure on	charitable			activities	8		168,084	801,203	814,599
Total expenditure						904,282	235,870	1,140,152	1,154,440
Net (expenditure)		i	income			(161,493)	(160,818)	(322,311)	(129,495)
Transfers between		funds				22,998	(22,998)
Net movement	in funds					138,495	183,816	322311	129,495
Reconciliation	offunds:
Total funds brought			forward			223,666	3,372,720	3,596,386	3,725,881
Total funds carried			forward			85,171	3,188,904	3,274,075	3,596,386

							2023	2022
						Note	F	E
Cash flows from operating		activities:
Net cash	provided by/(used	in) operating	activities			'I9	4,943	(119,160)
Cash flows from investing		activities:
Bank interest							247	12
Purchase	oftangible fixed assets							(79,443)
Net cash	used in investing	activities					247	79,431
Change	in cash and cash	equivalents	in	the reporting	period		5,190	198,591
Cash and	cash equivalents	at the beginning		ofthe period			29,257	227,848
Cash and cash equivalents		at the end	of	the reporting	period	20	34,447	29,257

				Unrestricted	Restricted	Total
				2023	2023	2023
				E
Donations
Donations including		gift	aid	208		208
Grants
Arts Council	England	-Core Grant		251,633		251,633
Arts Council	England	- Culture Recovery and Capital		5,000		5,000
Wakefield Council Grant				50,000		50,000
Paul Hamlyn	Grant			40,000		40,000
Other grants				32,088	75,052	107,140
Membership	fees			2,167		2,167
Total				381,096	75,052	456,148
Income from donation,			grants and legacies (prior year)
				Unrestricted	Restricted	Total
				2022	2022	2022
				E
Donations
Donations including		gift	aid	529		529
Grants
Arts Council	England	-Core Grant		251,631		251,631
Arts Council	England	- Culture Recovery and Capital			78,426	78,426
Partnership	income			164		164
Studio of sanctuary				1		1
Other grants				101,250	120,650	221,900
Membership	fees			2,103		2,103
Income from	donations		and legacies: Other income		680	680
Total				355,678	199,756	555,434

Income from charitable ac	tivities
		Unrestricted	Unrestricted
		Funds	Funds
		2023	2022
		F
Provision of art facilities		99,680	86,972
		2023	2022
Provision ofart facilities
Studio rental		50,428	48,302
Studio service charge		6,984	6,721
Studio virtual		1,510	1,510
Print room		20,881	24,309
Dark room		6,824	2,744
Ceramic Studio		13,053	3,386
		99,680	86,972
Income from other trading	activities
		Unrestricted	Total
		2023	2023
Room hire and fiat		25,119	25,119
Off-site management		132,184	132,184
Contracts for services		42,362	42,362
Other income		17,281	17,281
Coffee House		34,885	34,885
Shop income		9,935	9,935
		261,766	261,766

Income from other trading activities (pr	ior year)
	Unrestricted	Restricted	Total
	2022	2022	2022
	E	'E	E
Room hire and flat	11,101		11,101
Off-site management	83,645		83,645
Contracts for services	73,983	2,200	76,183
Other income	23,147		23,147
Coffee House	24,529		24,529
Shop income	5,921		5,921
	222,326	2,200	224,526

Raising funds
	Total	Total
	Funds	Funds
	2023	2022
Fundraising	2,136	210
Premises costs	34,644	46,427
Office costs	14,228	18,046
Marketing	18,914	22,213
Professional fees	89,168	57,247
Catering and room hire expenses		79
Other staff costs	1,801	11,815
Staff costs	129,895	121,322
Depreciation	48,163	62,482
	338,949	339,841

Total	Total
2023	2022

Analysis ofexpenditure by ac	tivities
	Direct costs	Support costs	Total	Total
	2023	2023	2023	2022
	F	F
Provision ofart facilities	696,473	104,730	801,203	814,599
Total 2022	708,993	105,606	814,599

	Analysis of	direct	cos	ts
								Total	Total
								Funds	Funds
								2023	2022
	Staff costs							233,995	180,775
	Depreciation							97,785	126,858
	Artistic programme		costs					31,707	79,258
	Other project	costs						181,791	159,610
	Coffee House costs							20,546	16,289
	Shop costs							2,690	4,171
	Premises costs							70,337	94,261
	Office costs							28,889	36,636
	Governance	costs						28,733	11,135
								696,473	708,993
	Analysis ofsupport costs
								Totai	Total
								Funds	Funds
								2023	2022
	Staff costs							104,730	105,606
10	Auditors remuneration
								2023	2022
	Fees payable	to the	charity's		auditor	for the audit of the charity's	annual
	accounts							15,000	9,400
11	Staff costs
								2023	2022
	Wages and salaries							436,586	376,172
	Social security costs							23,690	24,749
	Contribution	to defined		contribution		pension schemes		8,340	6,782
								468,616	407,703

		Website
Cost
At 1 April	2022	9,503
At 31 March 2023		9,503
Amortisa	tion
At 1 April	2022	9,503
At 31 March 2023		9,503

Tangible fixed asse	ts
	Long-term	Short-term	Fixtures			Other
	leasehold	leasehold	and	Office	Computer	fixed	Total
	property	property	fittings	Equipment	Equipment	assets
			F
Cost or valuation
At 1 April 2022	2,554,576	2,346,768	184,805	57.382	53,378	9,160	5,206,069
At 31 March 2023	2,554,576	2,346,768	184,805	57,382	53,378	9,160	5,206,069
Depreciation
At 1 April 2022	922,775	684,474	105,427	39,854	43,316	9,160	1,805,006
Charge for the year	16,152	103,893	14,801	2,887	8,215	-	145,948
At 31 March 2023	938,927	788,367	120,228	42,741	51,531	9,160	1,950,954
Net book value
At 31 March 2023	1,615,649	1,558,401	64,577	14,641	1,847	-	3,255,115
At 31 March 2022	1,631,801	1,662,294	79,378	17,528	10,062		3,401,063

Debtors
		2023	2022
Trade debtors		26,235	73,258
Prepayments	and accrued income	55,642	205,143
Tax recoverable			19,046
		81,877	297,447

	2023	2022
Trade creditors	47,249	74,844
Other taxation and social security	10,695	13,117
Other creditors	9,967	6,752
Accruals	29,453	36,668
	97,364	131,381

Statement offunds	Statement offunds	- current year	- current year	- current year
					Balance at				Balance at
					1 April			Transfers	31 March
Unrestricted funds					2022	Income	Expenditure	in/out	2023
						f
General funds
General funds					223,666	742,789	(904,282)	22,998	85,171
Total unrestricted funds					223,666	742,789	904,282	22,998	85,171
Restricted funds
Capital Project -	Drury Lane				1,592,396		(16,152)		1,576,244
Capital Project -	Carnegie		Library		1,571,422		(98,718)		1,472,704
Library lease					88,544		(5,176)		83,368
Creative Minds BAME Project					1,078		(1,078)
Leeds Hospital	Charities		(NHS)
Re-Emerge					60,162	720	(36,096)		24,786
Historic England					26,655	18,427	(21,980)	(12,067)	11,035
Light up grant					4,725		(4,725)
Creative Minds Talk		and	Draw		3,222		(3,222)
Tourism Recovery Grant					7,116			(7,116)
Nova Grant					17,400		(433)		16,967
Foyle Foundation						27,000	(23,200)		3,800
Mayors Fund						5,897	(2,082)	(3,815)
SOS - UK Community Renewal				Fund		15,211	(15,211)
Permindar Kaur	- Arts Council					7,797	(7,797)
Total restricted					3,372,720	75,052	235,870	22,998	3,188,904
Total funds					3,596,386	817,841	1,140,152		3,274,075

Analysis	of net assets between	funds - current year
					Total
			Unrestricted	Restricted	funds
			funds	funds	2023
				F
Tangible	fixed assets		81,065	3,174,050	3,255,115
Current	assets		101,470	14,854	116,324
Creditors	falling due in less than	one year	(97,364)		(97,364)
			85,171	3,188,904	3,274,075
Analysis	of net assets between	funds - prior year
					Total
			Unrestricted	Restricted	funds
			funds	funds	2022
				F
Tangible	fixed assets		78,599	3,322,464	3,401,063
Current assets			271,448	55,256	326,704
Creditors	falling due in iess than	one year	(126,381)	(5,000)	(131,381)
			223,666	3,372,720	3,596,386

							2023	2022
	Net income/expenditure			for the year (as per	Statement	of Financial Activities)	(322,311)	(129,495)
	Adjustments	for:
	Depreciation	charges					145,948	187,?56
	Amortisation	charges						1,583
	Bank interest						(247)	(12)
	(Increase)/decrease		in	debtors			215,570	(145,967)
	Increase/(decrease)		in	creditors			(34,017)	(33,025)
	Net cash provided		by/(used in) operating		activities		4,943	~119,160
20	Analysis of	cash and		cash equivalents
							2023	2022
	Cash in hand						34,447	29,257
							34,447	29,257