##
##
||||Page|
|---|---|---|---|
|Reference and Administrative||Details ofthe Charity, its Trustees and Advisers||
|Trustees'
Report|||2-23|
|Independent|Auditors'
Report|on the Financial Statements|24 —27|
|Consolidated|Statement of Financial Activities||28|
|Consolidated|Balance Sheet||29|
|Charity Balance Sheet|||30|
|Consolidated|Statement ofCash Flows||31|
|Notes to the|Financial Statements||32-59|
|Appendix
I —Charity Statement||of Financial Activities||
|Appendix
II|—Charity Statement ofCash Flows|||
|Appendix
III|—Charity Income|||
##
##
##
|Trustees|||S Evans, President||||
|---|---|---|---|---|---|---|
||||J C Blackburn||||
||||A J Daymond
(appointed|||2 April 2022)|
||||J E Hall||||
||||E Ingle||||
||||SJ M Kelly||||
||||H M Pringle||||
||||C Powell (resigned|30|November
2022)||
||||S L Roberts (resigned||11|February 2023)|
||||P M Tanton (appointed||2|April 2022)|
||||H Vivian (resigned|2 April||2022)|
||||SBWarren (resigned||13|November 2021)|
||||M J Williams||||
||||M C Yeodal||||
|Company|registered||||||
|number|||03447631||||
|Charity registered|||||||
|numbers|||1067361and SC043174||||
|Registered||office|St Anthony's
Hall||||
||||Peasholme
Green||||
||||York||||
||||North Yorkshire||||
||||YO1 7PW||||
|Company|secretary||M C Greensmith||||
|Chief executive officer|||C Gatman||||
|Independent||auditors|Clive Owen LLP||||
||||Chartered
Accountants||S|Statutory Auditors|
||||140Coniscliffe Road||||
||||Darlington||||
||||County Durham||||
||||DL3 7RT||||
|Bankers|||Unity Trust Bank pic||||
||||4 Brindley Place||||
||||Birmingham||||
||||B12JB||||
||||COLA Investment|Management|||
||||1 Angel Lane||||
||||London||||
||||EC4R 3AB||||
|Solicitors|||Redkite Solicitors||||
||||Natwest
Bank Chambers||||
||||12The Homend||||
||||Ledbury||||
||||Herefordshire||||
||||HRS 1AB||||
##
##
|Executive Committee|||||||
|---|---|---|---|---|---|---|
|Sheri Warren|(President —resigned 13|November 2021)|||||
|Sheila Evans|(Vice President
- Acting President 13November|||||2021 —appointed|
||President
2 April 2022)||||||
|Helen Pringle|(Membership)||||||
|Jenny
Hall|(Education)||||||
|Melanic Williams|(Collections
& Heritage)||||||
|Elizabeth
Ingle|(Communications)||||||
|Jane Blackburn|(Treasurer)||||||
|Guild Officers|||||||
|Gill Clark|(Festival of Quilts Officer)||||||
|Linda Bilsborrow|(Interim
National
Website|Officer —appointed|||December 2021)||
|Julie Edwards|(Bursaries
Officer)||||||
|Lis Tate|(Library Officer)||||||
|Carol Fieldhouse|(International
Officer)||||||
|Lisbet Borggreen|(Quilt Judging
Committee|Chair- resigned||August 2022)|||
|Stephanie
Pettengell|(Quilt Judging
Committee|Chair —appointed|||August 2022)||
|Allison James|(Education
Officer)||||||
|Rose Horton-Smith|(Heritage Officer —resigned||January 2022)||||
|Anne Gosling|(Guild Accountant)||||||
|Kathryn
Thompson|(Event Officer —resigned|April 2022)|||||
|Christine
Adey|(National
Young Quilter Officer)||||||
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|There|is|a|a|risk management|risk management|risk management|risk management|strategy
by which
trustees
annually
review
the risks|strategy
by which
trustees
annually
review
the risks|strategy
by which
trustees
annually
review
the risks|faced|faced|by|the charity|the charity|the charity|and|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|establish||procedures||||to mitigate|||the risks identified
by the charity. 2021/22 saw the pandemic|||||continue||to have||
|an impact.||||Trustees||continue|||to|review
The Guild's
risks closely
and
to adjust as necessary|||||to ensure||all|
|circumstances|||||have been||considered.
The most significant
risks identified
by the Trustees||||||continue to|||be those||
|highlighted|||in||the following||table||and minor adjustments
have been made to reflect evolving||||circumstances:|||||
|RISK|||||||||MITIGATION|||||||||
|Failure to|||deliver an attractive||||||~|On-going
work to increase benefits for members||||||||
|offer to members|||||||||~|Strive to increase understanding
of charitable
purpose||amongst||||||
|||||||||||members||||||||
||||||||||~|Training
&encouragement
of regional committees||||||||
||||||||||~|Regular
review ofworking
practices and adaptation|as|required||||||
||||||||||~|Membership
survey and focus group feedback||||||||
||||||||||~|Sub-committee
review||||||||
|Loss|of|membership||||income|||~|Constant
review of membership
offer||||||||
|growth||or||absolute||loss||in|~|Openness
to changing
processes and services||||||||
|membership|||||numbers||||~|Appointment
of marketing
adviser/trustee||||||||
||||||||||~|Provide alternative
means of viewing the Guild Collection||||||||
||||||||||~|Apply for funding||||||||
||||||||||~|Change staff responsibilities
to take online recruitment||forward||||||
||||||||||~|Recruit marketing
expertise||||||||
||||||||||~|Ensure
membership
fees are appropriate
vs cost|of|operation||||||
|||||||||||and technolo||||||||
|Technological||||||change|||~|Continue to develop
/ review website and technological||position,||||||
|including|||website|||||||skills and personnel||||||||
||||||||||~|Be digitally
active and constantly
improving
—cyber security||||as||||
|||||||||||a priority||||||||
||||||||||~|Ensure
availability
of appropriate
equipment
to facilitate|||home|||||
|||||||||||working or working
from different premises||||||||
||||||||||~|Ensure
staff have
appropriate
skills
in changing
technological||||||||
|||||||||||world or recruit same||||||||
||||||||||~|Ensure emergency
plan is up to date and regularly|reviewed|||||||
||||||||||~|Ensure tech
artners are suitable and cost effective||||||||
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##
|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
||||Note|2022
F|2022
f.|2022f|2021f|
|Income from:||||||||
|Donations
and|legacies|||49,198|4,952|54,150|117,152|
|Charitable
activities||||259,293|1,272|260,565|159,202|
|Other trading
activities||||324,518|8,154|332,672|318,529|
|Investments||||2,055|587|2,642|498|
|Total income||||635,064|14,965|650,029|595,381|
|Expenditure
on:||||||||
|Raising funds||||29,213||29,213|33,124|
|Charitable
activities|||9|721,818|32,453|754,271|573,963|
|Total expenditure||||751,031|32,453|783,484|607,087|
|Net expenditure|before net|||||||
|(losses)/gains|on|investments||(115,967)|(17,488)|(133,455)|(11,706)|
|Net (losses)/gains||on investments|||(992)|(992)|2,470|
|Net expenditure|before taxation|||(115,967)|(18,480)|(134,447)|(9,236)|
|Taxation||||1,099||1,099|(13)|
|Net movement|in|funds||(114,868)|(18,480)|(133,348)|(9,249)|
|Reconciliation|of|funds:||||||
|Total funds brought||forward||586,663|133,512|720,175|729,424|
|Net movement|in funds|||(114,868)|(18,480)|(133,348)|(9,249)|
|Total funds carried forward||||471,795|115,032|586,827|720,175|
##
##
||||CONSOLIDATED|BALANCE SHEET|||
|---|---|---|---|---|---|---|
||||AS AT 31 OCTOBER 2022||||
||||Note|2022f||2021f|
|Fixed assets|||||||
|Intangible assets|||14|39,569||23,858|
|Tangible assets|||15|17,098||26,435|
|Investments|||16|9,124||10,116|
|||||65,791||60,409|
|Current assets|||||||
|Stocks|||17|11,781|13,686||
|Debtors|||18|41,248|17,826||
|Cash at bank and in|hand|||647,760|802,120||
|||||700,789|833,632||
|Creditors: amounts|falling|due within|one||||
|year|||19|(179,753)|ff73,866)||
|Net current assets||||521,036||659,766|
|Total assets less current||liabilities||586,827||720,175|
|Total net assets||||586,827||720,175|
|Charity funds|||||||
|Restricted funds|||20|115,032||133,512|
|Unrestricted
funds|||20|471,795||586,663|
|Total funds||||586,827||720,175|
##
|SEvans|||
|---|---|---|
|President|Chair ofthe Audit Com|tee|
##
##
|FOR T|HE|YEAR ENDED 31 OCTOBER 202|2||
|---|---|---|---|---|
||||2022f|2021f|
|Cash flows from operating
activities|||||
|Net cash used
in operating
activities|||(134,431)|31,396|
|Cash flows from investing
activities|||||
|Dividends,
interests
and rents from investments|||2,641|498|
|Proceeds from the sale oftangible
fixed|assets||420|30|
|Purchase of intangible
assets|||(21,096)|(11,196)|
|Purchase of tangible fixed assets|||(1,894)|(14,338)|
|Net cash used in investing
activities|||(19,929)|(25,006)|
|Cash flows from financing
activities|||||
|Net cash provided
by financing
activities|||||
|Change
in cash and cash equivalents|in|the year|(154,360)|6,390|
|Cash and cash equivalents
at the beginning||ofthe year|802,120|795,730|
|Cash and cash equivalents
at the end|of|the year|647,760|802, 120|
|The notes on pages 32 to 59form part ofthese financial statements|||||
##
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##
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##
##
##
##
|Fixtures|and fittings|10% straight|line|
|---|---|---|---|
|Office equipment||20% straight|line|
|Computer|equipment|33% straight|line|
##
##
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##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2021f|2021|2021|
|Donations
and|sponsorship||5,488|2,887|8,375|
|Grant income|||66,250|3,000|69,250|
|Gift Aid income|||39,472|55|39,527|
||||111,210|5,942|117,152|
|Income from charitable||activities||||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2022
F|2022f|2022
E|
|British Quilt Studies Group|||16,954||16,954|
|Contemporary|Quilt||16,235||16,235|
|Judging
Course|||15,213||15,213|
|Education
and|outreach|||1,272|1,272|
|Communication||||||
|Miniature
Quilt|Group||3,682||3,682|
|Regional activities|||134,266||134,266|
|Traditional
Quilt Group|||3,597||3,597|
|Modern
Quilt Group|||4,746||4,746|
|The Loft|||1,732||1,732|
|FOQ events|||23,737||23,737|
|Conference
and magazine||advertisements|39,131||39,131|
||||259,293|1,272|260,565|
##
##
##
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2021|
|||6||6|
|British Quilt Studies Group||5,376||5,376|
|Contemporary
Quilt||8,662||8,662|
|Judging
Course||6,715||6,715|
|Education
and outreach|||1,096|1,096|
|Communication||19,500||19,500|
|Miniature
Quilt Group||1,506||1,506|
|Regional activities||91,029||91,029|
|Traditional
Quilt Group||3,890||3,890|
|Modern
Quilt Group||4,083||4,083|
|Conference
and magazine|advertisements|17,345||17,345|
|||158,106|1,096|159,202|
##
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2022|
|||F|||
|Fundraising||4,160|8,071|12,231|
|Membership|subscriptions|289,610|83|289,693|
|Other income||3,100||3,100|
|Retail sales||27,648||27,648|
|||324,518|8,154|332,672|
##
##
##
##
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021
6|2021|2021f|
|Fundraising|||7,110|7,110|
|Membership|subscriptions|273,781|505|274,286|
|Other income||2,662||2,662|
|Retail sales||34,471||34,471|
|||310,914|7,615|318,529|
|Investment|income||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2022f|2022f|2022|
|Income from|local listed investments|2,055|587|2,642|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2021
6|2021
6|2021f|
|Income from|local listed investments|53|445|498|
##
##
||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2022|2022|
||||F||
|Museums|and Galleries|Exhibition Tax Relief refund|1,086|1,086|
||||Unrestricted|Total|
||||funds|funds|
||||2021|2021|
||||6|6|
|Corporation|Iax charge||13|13|
|||||Page 40|
##
##
##
##
|Unrestricted|Restricted||
|---|---|---|
|funds|funds|Total|
|2022f|2022
F|2022
6|
|721,818|32,453|754,271|
|Unrestricted|Restricted||
|funds|funds|Total|
|2021|2021
6|2021f|
|524,005|49,958|573,963|
##
|||Activities|||
|---|---|---|---|---|
|||undertaken|Support|Total|
|||directly|costs|funds|
|||2022
E|2022
F|2022f|
|Charitable|activities|370,680|383,591|754,271|
|||Activities|||
|||undertaken|Support|Total|
|||directly|costs|funds|
|||2021|2021|2021f|
|Charitable|activities|251,720|322,243|573,963|
##
##
##
|||Total|Total|
|---|---|---|---|
||Activities|funds|funds|
||2022|2022|2021|
||F|F||
|Staff costs|6,680|6,680||
|Anne Morgan Legacy|766|766||
|British Quilt Study Group|16,423|16,423|4,038|
|Collections'
Management|50|50|459|
|Communication|100,930|100,930|92,390|
|C Q Award|100|100||
|Contemporary
Quilt|12,682|12,682|7,259|
|Doris Debney Fund|100|100||
|Education|11,646|11,646|5,012|
|Life membership
income release|5,093|5,093|5,066|
|Mary Ann Corp Fund|14,513|14,513|11,979|
|Membership|5,282|5,282|10,877|
|Miniature
Quilt Group|2,638|2,638|1,004|
|Modern
Quilt Group|1,681|1,681|1,185|
|Conference|38,931|38,931|2,195|
|QGBI - Education
and Travel Scholarship|2,284|2,284|4,649|
|The Quilters
Guild Collection|4,387|4,387|2,169|
|Regional
activities|134,500|134,500|66,639|
|Sue Belton Award|9|9|615|
|Sue Ridgwell Trophy|76|76||
|The Loft|1,020|1,020||
|Traditional
Quilt Group|3,855|3,855|3,085|
|The Leche Trust|||4,735|
|Founder Members'
bursary|||500|
|Heritage
Lottery Fund 2020|||11,130|
|Young Quilters'
Project|7,034|7,034|16,734|
||370,680|370,680|251,720|
##
##
##
||||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Activities|funds|funds|
|||||||||2022|2022
F|2021f|
|Staff costs||||||||259,801|259,801|212,625|
|Amortisation
of computer||software||||||5,385|5,385|5,748|
|Audit and accountancy|charges|||||||12,800|12,800|9,550|
|Bank charges||||||||4,849|4,849|7,946|
|Computer
maintenance||||||||17,450|17,450|16,762|
|Depreciation
of fixtures,||fittings||&|equipment|||10,621|10,621|7,153|
|Equipment
hire and maintenance||||||||1,667|1,667|2,581|
|General insurance||||||||7,107|7,107|6,830|
|Printing,
postage and stationery||||||||10,027|10,027|9,081|
|Premises costs||||||||30,594|30,594|31,163|
|Professional fees||||||||1,089|1,089|2,465|
|Sundries||||||||4,842|4,842|6,865|
|Telephone
and internet||||||||978|978|664|
|Travel and subsistence||||||||499|499|27|
|Governance
costs||||||||15,882|15,882|2,783|
|||||||||383,591|383,591|322,243|
|Auditors'
remuneration|||||||||||
||||||||||2022|2021|
|Fees payable to the Charity's|||auditor|||for|the audit ofthe Charity's|annual|||
|accounts|||||||||10,750|8,225|
|Fees payable to the Charity's|||auditor|||in respect of:|||||
|All taxation
advisory services|||not||included||above||600|575|
|All non-audit
services not included|||||above|||||750|
##
##
##
##
|Staffcosts||||||||
|---|---|---|---|---|---|---|---|
|||||Group|Group|Charity|Charity|
|||||2022|2021f|2022f|2021f|
|Wages and|salaries|||253,975|215,758|244,914|195,547|
|Social security costs||||14,446|11,063|14,402|11,063|
|Contribution|to defined|contribution|pension|||||
|schemes||||7,121|6,015|7,071|6,015|
|||||275,542|232,836|266,387|212,625|
||Group|Group|Charity|Charity|
|---|---|---|---|---|
||2022|2021|2022|2021|
||No.|No.|No.|No.|
|Employees|14|13|12|13|
##
||||NOTES TO THE FINANCIAL STATEMENTS||
|---|---|---|---|---|
||||FOR THE YEAR ENDED 31 OCTOBER 2022||
|14.|Intangible assets||||
||Group||||
|||||Computer|
|||||software|
|||||6|
||Cost||||
||At 1 November|2021||37,245|
||Additions|||21,097|
||At 31 October 2022|||58,342|
||Amortisation||||
||At 1 November|2021||13,387|
||Charge for the year|||5,386|
||At 31 October 2022|||18,773|
||Net book value||||
||At 31 October 2022|||39,569|
||At 31October 2021|||23,858|
##
##
##
|Intangible asse|ts (continued)||
|---|---|---|
|Charity|||
|||Computer|
|||software|
|Cost|||
|At 1 November|2021|37,245|
|Additions||21,097|
|At 31 October 2022||58,342|
|Amortisation|||
|At 1 November|2021|13,387|
|Charge for the year||5,386|
|At 31 October 2022||18,773|
|Net book value|||
|At 31 October 2022||39,569|
|At 31 October 2021||23,858|
##
##
##
##
|||Fixtures and|Office|Computer||
|---|---|---|---|---|---|
|||fittings|equipment|equipment|Total|
|||F||||
|Cost or valuation||||||
|At 1 November|2021|72,654|11,626|54,274|138,554|
|Additions||214|448|1 231|1,893|
|Disposals|||(370)|(797)|(1,167)|
|At 31 October 2022||72,868|11,704|54,708|139,280|
|Depreciation||||||
|At 1 November|2021|71,321|6,544|34,254|112,119|
|Charge for the year||611|1,610|9,009|11,230|
|On disposals|||(370)|(797)|(1,167)|
|At 31 October 2022||71,932|7,784|42,466|122,182|
|Net book value||||||
|At 31 October 2022||936|3,920|12,242|17,098|
|At 31October 2021||1,333|5,082|20,020|26,435|
|Charity||||||
|||Fixtures and|Office|Computer||
|||fittings|equipment|equipment|Total|
||||||F|
|Cost or valuation||||||
|At 1 November|2021|61,643|11,371|54,274|127,288|
|Additions||||1,231|1,231|
|Disposals|||(370)|(797)|(1,167)|
|At 31 October 2022||61,643|11,001|54,708|127,352|
##
##
##
##
||Charity (continued)||||||
|---|---|---|---|---|---|---|
|||Fixtures and|Office||Computer||
|||fittingsf|equipment|f|equipment|Totalf|
||Depreciation||||||
||At 1 November
2021|60,871|6,363||34,254|101,488|
||Charge for the year|423|1,585||9,009|11,017|
||On disposals||(370)||(797)|(1,167)|
||At 31 October 2022|61,294|7,578||42,466|111,338|
||Net book value||||||
||At 31 October 2022|849|3,423||12,242|16,014|
||At 31October 2021|772|5,008||20,020|25,800|
|16.|Fixed asset investments||||||
|||||||Investments|
||Group|||||F|
||Cost or valuation||||||
||At 1 November
2021|||||10,116|
||Revaluations|||||(992)|
||At 31 October 2022|||||9,124|
||Net book value||||||
||At 31 October 2022|||||9,124|
||At 31October 2021|||||10,118|
##
##
##
##
##
##
##
##
##
##
|17.|Stocks
4,120||||
|---|---|---|---|---|
||||Group|Group|
||||2022f|2021f|
||Raw materials|and consumables|11,781|13,686|
|18.|Debtors||||
|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2022f|2021|2022f|2021f|
|Due within one year||||||
|Trade debtors||14,990|1,457|14,243|1,306|
|Amounts
owed by group undertakings||||28,560|36,148|
|Other debtors||996||996||
|Prepayments|and accrued income|25,262|16,369|25,113|9,609|
|||41,248|17,826|68,912|47,063|
##
##
||||||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||2022f|2021f|2022
6|2021|
|Trade creditors|||||||9,232|10,560|9,172|7,997|
|Other taxation||and|social security||||5,542|4,496|4,284|3,852|
|Other creditors|||||||470|150|320||
|Accruals|and deferred|||income|||164,509|158,660|159,990|154,965|
||||||||179,753|173,866|173,766|166,814|
||||||||Group|Group|Charity|Charity|
||||||||2022|2021|2022|2021|
||||||||6|8|6||
|Deferred|Income at 1|||November||2021|139,481|137,172|139,481|137,172|
|Resources deferred|||during||the year||150,684|139,481|150,684|139,481|
|Amounts|released from previous|||||periods|(139,481)|(137,172)|(139,481)|(137,172)|
||||||||150,684|139,481|150,684|139,481|
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|Statement
offu|nds - prior year||||||
|---|---|---|---|---|---|---|
||Balance at|||||Balance at|
||1 November|||Transfers|Gainer|31October|
||2020|Income
f|Expenditure|inlout
6|(Losses)
6|2021|
|Unrestricted|||||||
|funds|||||||
|Designated|||||||
|funds|||||||
|British Quilt|||||||
|Study Group|||||||
|Fund|19,616|5,376|(4,038)|||20,954|
|Collections'|||||||
|Management|||||||
|Fund|8,444|2,320|(459)|(735)||9,570|
|Contemporary|||||||
|Quilt Fund|17,504|8,662|(7,259)|||18,907|
|Founder|||||||
|Members'|||||||
|Bursary Fund|904||(500)|||404|
|Judging|||||||
|Courses|23,604|6,715|(4,369)|||25,950|
|Life|||||||
|Membership|||||||
|Fund|29,463|5,400|(5,066)|||29,797|
|Miniature
Quilt|||||||
|Group Fund|6,485|1,506|(1,004)|||6,987|
|Modern
Quilt|||||||
|Group Fund|9,910|4,083|(1,185)|||12,808|
|Regional
Funds|||||||
|(General)|145,618|91,029|(66,639)|||170,008|
|Traditional
Quilt|||||||
|Group Fund|11,110|3,890|(3,085)|||11,915|
||272,658|128,981|(93,604)|(735)||307,300|
|General funds|||||||
|General Funds|||||||
|-all funds|292,599|451,302|(463,538)|(1,000)||279,363|
|Total|||||||
|Unrestricted|||||||
|funds|565,257|580,283|(557,142)|(1,735)||586,663|
##
##
|Statement offun|ds - prior year|(continued)||||||
|---|---|---|---|---|---|---|---|
||Balance at||||||Balance at|
||1 November||||Transfers|Gainsr|31October|
||2020f|Income
f|Expenditure|f|inlout
6|(Losses)|2021|
|Clydesdale||||||||
|Bank Grant|500||||||500|
|Heritage
Lottery||||||||
|Fund|48,100||(11,130)||||36,970|
|Anne Morgan||||||||
|Fund|11,210||||||11,210|
|Sue Belton||||||||
|Fund|11,850|444|(615)|||2,470|14,149|
|Sue Ridgwell||||||||
|Fund|279||||||279|
|240 for 40||||||||
|years|14,508|450|||||14,958|
|Anne Tuck||||||||
|Fund|1,000||||||1,000|
|Doris Debney||||||||
|Fund|100||||||100|
|Mary Ann Corp||||||||
|Fund|48,718|1,538|(11,979)||||38,277|
|Quilt Historians|575||||||575|
|QGBI||||||||
|Education and||||||||
|Travel||||||||
|Scholarship||||||||
|Fund|11,871||(4,649)||||7,223|
|The Chair Fund|73||(65)||||8|
|Young Quilters'||||||||
|Fund|15,332|9,665|(16,734)||||8,263|
|The Leche||||||||
|Trust||3,000|(4,735)||1,735|||
|York Museum|51||(51)|||||
||164,167|15,098|(49,958)||1,735|2,470|133,512|
|Total offunds|729,424|595,381|(607,100)|||2,470|720,175|
#
##
##
##
##
##
#
##
##
##
##
|Analysis
Analysis|ofnet assets between funds
ofnet assets between
funds - current year||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2022|2022|2022|
|Tangible|fixed assets|17,098||17,098|
|Intangible|fixed assets|39,569||39,569|
|Fixed asset investments|||9,124|9,124|
|Current assets||594,881|105,908|700,789|
|Creditors|due within one year|(179,753)||(179,753)|
|Total||471,795|115,032|586,827|
|Analysis|of net assets between funds - prior year||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2021f|2021
6|2021f|
|Tangible|fixed assets|26,427||26,435|
|Intangible|fixed assets|23,858||23,858|
|Fixed asset Investments|||10,116|10,116|
|Current assets||710,244|123,388|833,632|
|Creditors|due within one year|(173,866)||(173,866)|
|||586,663|133,512|720,175|
##
##
##
##
||||||||Group|Group|
|---|---|---|---|---|---|---|---|---|
||||||||2022
F|2021f|
||Net expenditure
for|the year (as per Statement|||of Financial|Activities)|(133,348)|(9,249)|
||Adjustments
for:||||||||
||Depreciation
charges||||||11,230|14,256|
||Amortisation
charges||||||5,386|5,748|
||Gains/(losses)
on investments||||||992|(2,470)|
||Dividends,
interests|and rents|from investments||||(2,642)|(498)|
||Profit on the sale of|fixed assets|||||(420)|(30)|
||Decrease
in stocks||||||1,905|5,282|
||Decrease/(increase)|in debtors|||||(23,421)|16,689|
||Increase
in creditors||||||6,986|1,694|
||Taxation charge||||||(1,099)|(26)|
||Net cash provided|by/(used|in) operating|activities|||(134,431)|31,396|
|23.|Analysis ofcash and cash equivalents||||||||
||||||||Group|Group|
||||||||2022f|2021|
||Cash in hand||||||647,760|802,120|
||Total cash and cash equivalents||||||647,760|802,120|
|24.|Analysis ofchanges
in net debt||||||||
|||||||At 1||At 31|
|||||||November||October|
|||||||2021|Cash flows|2022|
||||||||6||
||Cash at bank and in|hand||||802,120|(154,360)|647,760|
|||||||802,120|(154,360)|647,760|
##
##
##
##
##
|||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|||||2022f|2021f|2022f|2021f|
|Contracted|for but not provided||in these|||||
|financial statements||||||||
|Acquisition|of tangible|fixed assets||12,012|18,876|12,012|18,876|
##
||||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|---|
||||||2022f|2021|2022
f.|2021|
|Not|later|than|1|year||7,254||7,254|
##
##
##
||||FOR THE Y|EAR ENDED 31OCTOB|ER 2022|||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||2022|2022|2022|2021|
|||||||6||
|Income from:||||||||
|Donations
and|legacies|||49,198|4,952|54,150|125,343|
|Charitable
activities||||220,162|1 272|221,434|141,857|
|Other trading|activities|||296,529|8,154|304,683|282,836|
|Investments||||3,538|587|4,125|1,998|
|Total income||||||||
|||||569427|14965|554392|552634|
|Expenditure
on:||||||||
|Raising funds||||||||
|Charitable
activities||||675,671|32,453|708,124|563,753|
|Total expenditure||||675 671|32453|708124|563753|
|Net expenditure||before net||||||
|(losses)/gains|on||investments|(106,244)|(17,488)|(123,732)|(11,719)|
|Net (losses)/gains|||on investments||(992)|(992)|2,470|
|Net expenditure||before taxation||||||
|||||(106,244)|(18,480)|(124,724)|(9,249)|
|Taxation||||1,086||1,086||
|Net movement|in||funds|~ILI553~u5s||~3a53~24||
|Reconciliation|of||funds:|||||
|Total funds brought|||forward|572,834|133,512|706,346|715,595|
|Net movement|in|funds||(105,158)|(18,480)|(123,638)|(9,249)|
|Total funds carried forward||||4)6ZJB&~5iJQ2.~6~&~Q~4||||
##
##
##
##
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|Net expenditure
for|the year (as per Statement|||of Financial|Activities)|(123,638)|(9,249)|
|Adjustments
for:||||||||
|Depreciation
charges||||||11,017|14,032|
|Amortisation
charges||||||5,386|5,748|
|Gains/(losses)
on investments||||||992|(2,470)|
|Dividends,
interests|and rents|from investments||||(4,125)|(1,998)|
|Profit on the sale of|fixed assets|||||420|(30)|
|Decrease/(increase)|in debtors|||||(21,849)|14,676|
|Increase
in creditors||||||6,952|2,134|
|Taxation charge||||||(1,086)||
|Net cash provided|by/(used|in) operating|activities|||~Lrrs|~22
4|
##
##
##
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2022|
|||E|E|K|
|Donations|and sponsorship|10,783|4,862|15,645|
|Grant income||750||750|
|Gift Aid income||37,665|90|37,755|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2021
6|2021|2021f|
|Donations|and sponsorship|13,679|2,887|16,566|
|Grant income||66,250|3,000|69,250|
|Gift Aid income||39,472|55|39,527|
##
##
##
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022f|2022
6|2022
6|
|British Quilt Studies Group||16,954||16,954|
|Contemporary|Quilt|16,235||16,235|
|Judging
Course||15,213||15,213|
|Education
and|outreach||1,272|1,272|
|Communication|||||
|Miniature
Quilt|Group|3,682||3,682|
|Regional activities||134,266||134,266|
|Traditional
Quilt Group||3,597||3,597|
|Modern
Quilt Group||4,746||4,746|
|The Loft||1,732||1,732|
|FOQ events||23,737||23,737|
##
##
##
||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2021|2021|2021f|
|British Quilt Studies Group|5,376||5,376|
|Contemporary
Quilt|8,662||8,662|
|Judging Course|6,715||6,715|
|Education
and outreach||1,096|1,096|
|Communication|19,500||19,500|
|Miniature
Quilt Group|1,506||1,506|
|Regional activities|91,029||91,029|
|Traditional
Quilt Group|3,890||3,890|
|Modern
Quilt Group|4,083
4,083
~47 t~~4tJhiT|||
##
##
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022
6|2022f|2022
6|
|Fundraising||4,160|8,071|12,231|
|Membership|subscriptions|289,610|83|289,693|
|Other income||2,759||2,759|
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2021|
|||5|6||
|Fundraising|||7,110|7,110|
|Membership|subscriplions|273,781|505|274,286|
|Other income||1,440
~2T
22|~f|1,440
~22,82i|
##
##
##
##
|Unrestricted|Total|
|---|---|
|funds|funds|
|2022|2022|
||E|
|Unrestricted|Total|
|---|---|
|funds|funds|
|2021|2021|
|E|E|