2022-03-31-accounts

Registered	charity	name	name	Newhampton	Arts Centre
Charity registration		number		1066687
Company	registration		number	03340600
Registered	office			Dunidey Street
				Wolverhampton
				West Midlands
				WV1 4AN
Trustees/Directors				I M Barrow
				RIAshwell
				K Fraser
				M Cartwright
				CShelton
				R Harvey
				RTaylor
				F Richings
				SKaur (resigned 8/12/21)
				SPallan-Jhali	(appointed 21.12.21)
				TRoden (appointed 21.12.21)
				0 Kerr (appointed 10.2.22)
Company	secretary			TWright
Accountants				Daw White	Murrag
				Chartered Accountants
				1George Street
				Snow Hill
				Wolverhampton
				WV2 4DG

Report ofthe Trustees
Independent Examiner's	report
Statement ofFinancial Activities
Balance Sheet
Cash Flow
Notes to the financial statements

FOR THE YEAR ENDED 31M	ARCH 2022
		Notes	Unrestricted	Restricted	Total	Total
					2022	2021
			E	E	E	E
INCOME AND ENDOWMENTS	FROM:
Donations and legacies			6,956		6,956	6,252
Charitable activities
Grants			218,710	157,209	375,919	482,158
Earned income			217,162	-	217,162	73,696
Other income			825		825	242
Investment income			256		256	565
Total Income and Endowments			443,909	157,209	601,118	562,913
EXPENDITURLE
Charitable activities:
Direct costs			79,064	87,223	166,287	26,523
Support costs			411,458	40,140	451,598	335,129
Raising funds			10,728		10,728	9,504
Total Expenditure			501,250	127,363	628,613	371,156
NET INCOME/(EXPENDITURE)			(57,341)	29,846	(27,495)	191,757
Transfers between Funds
Fund balances at 1April 2021			377,011	89,649	466,660	274,903
TOTAL FUNDS CARRIED FORWARD AT31
MARCH 2022			319,670	119,495	439,165	466,660

	Notes	2022	2021
		E	E
FIXEDASSETS
Tangible assets	10	65,374	49,380
CURRENT ASSETS
Stock	11	2,866
Debtors	12	23,824	8,247
Cash at bank and in hand		409,179	466,686
		435,869	474,933
CREDITORS
Amounts falling due within one year	13	(62,078)	(57,653)
NET CURRENT ASSETS		373,791	417,280
TOTAL ASSETS LESSCURRENT LIABILITIES		439,165	466,660
FUNDS
Unrestricted funds	15	319,670	377,011
Restricted funds	16	119,495	89,649
TOTAL FUNDS		439,165	466,660

					Notes	2022	2021
						E	E
Cash provided by operating activities					a	(32,291)	229,987
Cash flows from investing activities:
	Interest income					256	565
	Purchase oftangible fixed assets					(25,472)	(36,951)
Cash provided by/(used in) investing activities						(25,216)	(36,386)
Increase/decrease in cash and cash equivalents in				the year		(57,507)	193,601
Cash and cash equivalents at the beginning			ofthe year		b	466,686	273,085
Cash and cash equivalents at the end ofthe			year		b	409,179	466,686
a	Reconciliation ofnet income/(expenditure)			to net cash flow from		operating activities
						2022	2021
						E	E
	Net (expenditure)/income for the		year as per the SOFA			(27,495)	191,757
	Adjusted for:
	Depreciation					9,478	6,696
	Loss on fixed asset disposals
	Investment income					(256)	(565)
	(Increase)/decrease in stock					(2,866)	4,388
	(Increase)/decrease in debtors					(15,577)	(638)
	Increase/(decrease) in creditors					4,425	28,349
	Net cash provided by operating	activities				(32,291)	229,987
b	Analysis ofcash and cash equivalents
						2022	2021
						E	E
	Cash at bank and in hand					409,179	466,686

	DONATIONS	DONATIONS	AND	AND	LEGACY	INCOME
						Unrestricted	Designated	Restricted	Total	Total
						Funds	Funds	Funds	2022	2021
							E	E	E	E
Fundraising and		donations				6,956			6,956	6,252
						6,956			6,956	6,252
3.	GRANTS	RECEIVABLE
						Unrestricted	Designated	Restricted	Total	Total
						Funds	Funds	Funds	2022	2021
						E	E		E	E
The Co-op								11,045	11,045
D'Oyly	Carte Charitable			Trust				3,000	3,000
Arts Council England						187,548		80,513	268,061	310,380
Wolverhampton		City Council				25,000			25,000	47,750
CJRS Funding						6,162			6,162	38,139
Esmee	Fairbairn							28,757	28,757	46,290
Roger &Douglas		Turner		Trust				2,000	2,000
HAF								8,154	8,154
Paul Hamlyn Trust								15,620	15,620
Postcode Neighbourhood					Trust					15,000
James Beattie Charitable					Trust					2,000
Edward	and Dorothy		Cadbury Trust							1,500
Rolands	Trust									3,849
LCEP								8,120	8,120	8,000
Children	in Need									9,250
						218,710		157,209	375,919	482,158

4. EARNED INCOME	4. EARNED INCOME
		Unrestricted	Designated	Restricted	Total	Total
		Funds	Funds	Funds	2022	2021
		E	E	E	E	E
Rental income		54,500			54,500	56,701
Theatre and room hire		85,845			85,845	13,785
Show income		52,156			52,156	1,778
Workshop income		23			23
Barand vending	machine income	24,638			24,638	1,432
		217,162			217,162	73,696
5. OTHER	INCOME
		Unrestricted	Designated	Restricted	Total	Total
		Funds	Funds	Funds	2022	2021
		E	E	E	E	E
Miscellaneous	income	825			825	242
		825			825	242

			Unrestricted	Designated	Restricted	Total	Tota I
			Funds	Funds	Funds	2022	2021
			E	E	E		E
Direct Costs
Show costs			42,886			42,886	1,305
Workshops			16,909		78,641	95,550	14,405
Catering and bar			11,553			11,553	6,194
Printing and publicity			7,716		8,582	16,298	4,619
			79,064		87,223	166,287	26,523
Support Costs
Staff costs			241,028		13,927	254,955	235,617
Training and recruitment			436			436
Office costs and	administration		2,434			2,434	3,102
Rent
Rates and water			21,614			21,614	7,496
Light and heat			33,819			33,819	17,529
Insurances			2,513			2,513	2,129
Maintenance of	premises		21,570		11,301	32,871	12,063
Cleaning			47,561		9,520	57,081	45,502
Licenses and affiliations			566			566	1,301
Telephone and broadband			1,630			1,630	2,402
Travel and entertaining			98			98	23
Bank and credit card charges			1,333			1,333	710
Miscellaneous expenses			12,403		174	12,577	(2,940)
Legal and professional		fees	15,978		900	16,878	749
Accounting fees			3,315			3,315	2,750
Depreciation			5,160		4,318	9,478	6,696
			411,458		40,140	451,598	335,129
Total Operational	Costs		490,522		127,363	617,885	361,652
7. FUNDRAISING
			Unrestricted	Designated	Restricted	Total	Total
			Funds	Funds	Funds	2022	2021
			E	E	E	E	E
Fundraising expenses			10,728			10,728	9,504
			10,728			10,728	9,504

			2022	2021
			E	E
Wages and	salaries		237,377	220,791
Employers	national	insurance	11,580	9,510
Employers	pension	contributions	5,998	5,316
			254,955	235,617

			Fixtures,	Computer
			Fittings &	Equipment	Total
			Equip	E	E
			E
Cost
At 1April	2021		86,648	8,678	95,326
Additions			24,257	1,215	25,472
Disposals
At 31March 2022			110,905	9,893	120,798
Depreciation
At 1April	2021		38,301	7,645	45,946
Charge for the year			8,557	921	9,478
At 31March 2022			46,858	8,566	55,424
Net BookValue			64,047	1,327	65,374
At 31March 2022
At 31March 2021			48,347	1,033	49,380
ll. STOCK
					2022	2021
					E	E
	Bar				2,866
	Vending	machine
					2,866
12. DEBTORS
					2022	2021
					E	E
	Trade debtors				18,694	7,108
	Other debtors and prepayments				5,130	1,139
					23,824	8,247

		2022	2021
		E	E
Trade	creditors	24,078	30,785
Taxes	and social security costs	3,460	3,246
Other	creditors and accruals	34,540	23,622
		62,078	57,653

		General
		Fund
		E
Balance at	1April 2021	377,011
Movement	in funds for the year	(57,341)
Balance at	31March 2022	319,670

	Balance at	Incoming	Resources	Transfers	Balance at
	1April	Resources	Expended	Between	31March
	2021			Funds	2022
	E			E	E
The Co-op —tent	24,164	10,000	(10,878)		23,286
The Co-op —Space		1,045	(1,045)
to Connect
Arts Council England		21,182			21,182
(ACE)
ACE —support for		16,945	(16,945)
New Horizon stage
ACE Cultural		9,515	(9,515)
Recovery Fund
Round 1
ACE Cultural		32,871	(28,029)		4,840
Recovery Fund
Round 2
Roger &Douglas		2,000			2,000
Turner CT(COVID
equipment)
Wolverham pton City		8,154	(8,154)
Council HAF
programme
LCEP		8,120	(8,120)
Esmee Fairbairn	46,290	28,757	(28,757)		46,290
Community
Mapping
Paul Hamlyn-		15,620	(15,620)
Summer Activity
D'Oyly Carte (capital		300	(3000)		2,700
expenditure piano
purchase)
Children in Need	9,250				9,250
StartArt	9,945				9,945
	89,649	157,209	(127,363)		119,493

17. ANALYSLS OF RESERVES
	Restricted	Designated	Unrestricted	Total
	Fundsf	Fundsf	Fundsf
Fixed assets	35,328		30,046	65,374
Net current assets	84,167		289,624	373,791
Total	119,495		319,670	439,165