##
|Mrs J Cobb (resigned 2'
November
2022)|
|---|
|Mr S Liddle (Vice Chair)|
|Mr BFreeman
(Chair)|
|Mr D Fowler (resigned
2" November
2022)|
|Ms A Palfrey|
|Miss 5Allen|
|Mr M Baker (appointed 2"' November
2022)
Ms LJ Hall (appointed
2" November
2022)
Ms M Cooper (appointed 3"April 2023)
Mrs E L Forrest (appointed 3"April 2023)
Ms L Gale (appointed
3' April 2023)
MsJ Hayes (appointed 3"April 2023)
Mr P N Stevens (appointed 3"April 2023)|
|COMPANY SECRETARY||Mr I Archer|||
|---|---|---|---|---|
|REGISTERED OFFICE||The Courtyard|||
|||Edgar Street|||
|||Hereford|||
|||Herefordshire|||
|||HR4 9JR|||
|REGISTERED COMPANY|NUMBER|03342581 (England|and Wales)||
|REGISTERED CHARITY|NUMBER|1067869|||
|AUDITORS||Thorne Widgery Accountancy||Ltd|
|||Chartered
Accountants|||
|||Statutory
Auditors|||
|||2 Wyevale
Business|Park||
|||Kings Acre|||
|||Hereford|||
|||Herefordshire|||
|||HR4 7BS|||
|SOLICITORS||Gabbs|||
|||14Broad Street|||
|||Hereford|||
|||HR4 9AP|||
|BANKERS||LLoyds Bank pic|||
|||1 Gwent Square|||
|||Cwmbran|||
|||NP44 1XN|||
##
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|||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|E|E|E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Grants, donations
and legacies|||2|344,967|102,700|447,667|708,776|
|Charitable
activities||||||||
|Concerts, performances|and|films||1,602,232||1,602,232|978,896|
|Education
and outreach||||29,637||29,637|13,076|
|The Courtyard
Trading|Co. Limited|||626,746||626,746|487,363|
|Other trading activities||||311,692||311,692|348,986|
|Investment
income||||3,236||3 236|86|
|Total||||2,918,510|102,700|3,021,210|2,537,183|
|EXPENDITURE ON||||||||
|Raising funds||||38,101||38,101|65,119|
|The Courtyard
Trading|Co. Limited|||599,478||599,478|475,919|
|Charitable
activities||||||||
|Concerts, performances|and|films||2,121,248|12,890|2,134,138|1,817,431|
|Art exhibitions||||15,864|11,916|27,780|24,324|
|Education
and outreach||||168,303|44,627|212,930|185,757|
|Development|||||77,628|77,628||
|Other||||19 823||19,823|101,314|
|Total||||2,962,817|147,061|3,109,878|2,669,864|
|NET INCOME(EXPENDITURE)||||(44,307)|(44,361)|(88,668)|(132,681)|
|Transfers between
funds|||23|||||
|Net Movement
in Fund||||~44 307|~44 361|~88 668|~132681|
|RECONCILIATION
OF FUNDS||||||||
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought
forward||||565,690|1,023,444|1,589,134|1,721,815|
|TOTAL FUNDS CARRIED FORWARD||||521 383|979083|1,500 466|1,589,135|
##
|31 March 202|3||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Group|||Charity||
||||||31.3.23||31.3.22|31.3.23||31.3.22|
|||||Notes|E||E|E||E|
|FIXED ASSETS|||||||||||
|Tangible assets||||14|1,773,714||1,726,726|1,742,401||1,701,971|
|Investments||||15||||1||1|
||||||1,773,714||1,726,726|1,742,402||1,170,972|
|CURRENT ASSETS|||||||||||
|Stocks||||16|19,884||15,218|2,709||2,595|
|Debtors||||17|75,583||48,626|105,827||171,347|
|Cash at bank|and in hand||||996,762||1,059,482|939,984||913,906|
||||||1,092,229||1,123,326|1,048,520||1,087,848|
|CREDITORS|||||||||||
|Amounts
falling||due within one|||||||||
|year||||18|(701,729)||(621,508)|(650,197)||(584,765)|
|NET CURRENT ASSETS|||||390,500||501,818|398,323||503,083|
|TOTAL ASSETS||LESSCURRENT|||2,164,214||2,228,544|2,140,725||2,205,055|
|LIABILITIES|||||||||||
|CREDITORS|||||||||||
|Amounts
falling||due after more than one||19|(659,334)||(634,707)|(659,334)||(634,707)|
|year|||||||||||
|PROVISIONS FOR LIABILITIES|||||||||||
|Deferred tax||||25|(4,414)||(4,703)||||
|NET ASSETS|||||1,500,466||1,589,134|1,481,391||1,570,348|
|FUNDS||||23|||||||
|Unrestricted|funds||||502,308||546,904|502,308||546,904|
|Restricted
funds|||||979,083||1,023,444|979,083||1,023,444|
|Non-charitable||trading|funds||19,075||18,786||||
|TOTAL FUNDS|||||1,500,466||1,589,134|1,481,391||1,570,348|
##
|The Court
ard Trust|The Court
ard Trust|||||
|---|---|---|---|---|---|
|Consolidated
Cash Flow Statement||||||
|for the Year Ended 31 March 2023||||||
|||||31.3.23|31.3.22|
||||Notes|E||
|Cash flows from operating|activities|||||
|Cash generated
from operations||||63 180|272 947|
|Net cash provided
by operating
activities||||63 180|272 947|
|Cash flows from investing|activities|||||
|Purchase of tangible
fixed|assets|||(153,763)|(150,686)|
|Sale of tangible
fixed assets|||||42|
|Interest received||||3 236|86|
|Net cash used in investing|activities|||~)50,527)|~)50.558)|
|Cash flows from financing|activities|||||
|Interest on Loan||||24,627|23,707|
|Loan repayments|||||(50,000)|
|Net cash provided
by financing
activities||||24 627|~26,293)|
|Change in cash and cash equivalents||in||||
|the reporting
period||||(62,720)|96,096|
|Cash and cash equivalents|at the|||||
|beginning
ofthe reporting|period|||1 059 482|963 386|
|Cash and cash equivalents|at the end|of||||
|the reporting
period||||996,762|1 059,482|
##
||RECONCILIATION|OF NET INCOME|OF NET INCOME|OF NET INCOME|OF NET INCOME|OF NET INCOME|TO NET CASH FLOW FROM OPERATING ACTIVITIES|TO NET CASH FLOW FROM OPERATING ACTIVITIES||
|---|---|---|---|---|---|---|---|---|---|
|||||||||31.3.23|31.3.22|
||||||||||E|
||Net income for the||reporting|||period (as per the Statement of Financial||||
||Activities)|||||||(88,668)|(132,616)|
||Adjustments
for:|||||||||
||Depreciation
charges|||||||106,776|109,440|
||Loss on disposal of fixed||||assets||||45|
||Interest received|||||||(3,236)|(86)|
||Increase/(decrease)
Increase/(decrease)||in
in|deferred tax
corporation
tax||||(289)|(641)
640|
||(Increase)/decrease||in|stocks||||(4,666)|(11,978)|
||(Increase)/decrease||in|debtors||||26,957|66,586|
||Increase/(decrease)||in|creditors||||26 306|241,557|
||Net cash provided|by operations||||||63,180|272 947|
|2.|ANALYSIS OF CHANGES||||IN NET FUNDS|||||
||||||||At1.4.22|Cash flow|At 31.3.23|
||||||||E|f,|E|
||Net cash|||||||||
||Cash at bank and in||hand||||1,059,482|~62 720)|996762|
||||||||1,059,482|(62,720)|996,762|
||Debt|||||||||
||Debts falling due after|||1|year||~634,707)|~24 627)|(659,334)|
||||||||(634,707)|~24 627)|(659,334)|
||Total||||||424,775|(87,347)|337,428|
##
##
##
##
##
##
##
##
##
##
##
##
##
|OTHER TRADING ACTIVIT|IES|||||
|---|---|---|---|---|---|
|||||31.3.23|31.3.22|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||E|E||E|
|Hire of facilities||151,605||151,605|80,108|
|Sundry income||160,087||160,087|268,878|
|Income via The Courtyard|Trading Co. Ltd|626 746||626 746|487 363|
|||938,438||938,438|836,349|
##
||||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted|Total|Total|
|||||funds||funds|funds|funds|
||||||E|E|E|E|
|Deposit account interest|||||~3236||3,236|86|
|All of the investment||income arises from||an interest-bearing||deposit account.|||
|The income received||in the prior year was unrestricted.|||||||
|INCOME FROM CHARITABLE|||ACTIVITIES||||||
||||||||31.3.23|31.3.22|
||||Activity||||f,|E|
|Admission
charges|Et||||||||
|programmes
Performance
grants|8||Concerts,|performances|and films||1,567,126|929,362|
|sponsorship|||Concerts,|performances|and films||35,106|49,534|
|Education
B.outreach|||Education|and outreach|||29,637|13,076|
||||||||1,631 869|991,972|
##
##
|||||31.3.23|31.3.22|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||E|E|E|E|
|The Courtyard|Trading Co. Limited|599,478||599,478|475,919|
|Support costs||38,101||38,101|65,119|
|||637,579||637 579|541,038|
##
##
##
##
||||||||Support||
|---|---|---|---|---|---|---|---|---|
|||||||Direct|costs (see||
|||||||Costs|note 8)|Totals|
|||||||E|f,|E|
|Concerts, performances
Art exhibitions
Education
and outreach|||and films|||1,902,044
21,707
205 338|232,094
6,073
7 592|2,134,138
27,780
212 930|
|||||||2,129,089|245 759|2,374,848|
|SUPPORT|COSTS||||||||
||||||Information||Governance||
|||||Finance|technology|Other|costs|Totals|
|||||E|E|E|E|E|
|Raising donations
legacies
Other resources||and
expended||3,224
4,836||34,877
6,391|8,596|38,101
19,823|
|Concerts, performances
and films
Art exhibitions
Education
and outreach||||111,548|25,014|95,532
6,073
7,592||232,094
6,073
7,592|
|||||119508|25,014|150,465|8,596|303,683|
##
##
|Net income/(expenditure)
is stated after charging/(crediting|):||
|---|---|---|
||31.3.23|31.3.22|
||E|E|
|Auditors'
Remuneration|8,053|7,053|
|Depreciation
- owned assets
Other operating
leases
Deficit on disposal of fixed assets
Staff pension contributions|106,776
1,017
28,263|109,440
1,155
45
23,603|
##
##
##
##
##
|GROUP|||
|---|---|---|
||31.3.23|31.3.22|
||E|E|
|Wages and salaries|1,164,144|1,051,698|
|Social security costs|88,184|74,128|
|Pension costs|28,263|23,603|
|Life assurance|1 272|2,160|
||1,281,863|1 151 589|
|CHARITY|||
||31.3.23|31.3.22|
||E|E|
|Wages and salaries|856,191|788,150|
|Social security costs|72,807|61,704|
|Pension costs|22,509|19,177|
|Life assurance|1,272|2,160|
||952 779|871 191|
|The average
monthly
number of employees
during the|year was as follows:||
|---|---|---|
||31.3.23|31.3.22|
|Administration|6|10|
|Education
and outreach|5|4|
|Sales and marketing|14|16|
|Productions
and shows|20|10|
|Trading
subsidiary|26|25|
||71|65|
##
|||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|E|E|E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Grants,
donations
and legacies|||2|557,182|151,594|708,776|2,320,986|
|Charitable
activities||||||||
|Concerts, performances|and|films||978,896||978,896|49,554|
|Education
and outreach||||13,076||13,076|80|
|The Courtyard
Trading|Co. Limited|||487,363||487,363|211,665|
|Other trading
activities||||348,986||348,986|12,381|
|Investment
income||||86||86|70|
|Total||||2,385,589|151,594|2,537,183|2,594,736|
|EXPENDITURE ON||||||||
|Raising funds||||65,119||65,119|61,657|
|The Courtyard
Trading|Co. Limited|||475,919||475,919|237,248|
|Charitable
activities||||||||
|Concerts, performances|and|films||1,697,549|119,882|1,817,431|936,520|
|Art exhibitions||||24,324||24,324|16,328|
|Education
and outreach||||118,808|66,949|185,757|130,283|
|Other||||30 872|70,442|1D1 314|23,173|
|Total||||2,412,591|257,273|2,669,864|1,405,209|
|NET INCOME(EXPENDITURE)||||(27,002)|(105,679)|(132,681)|1,189,527|
|Transfers between
funds|||23|98 554||||
|Net Movement
in Fund||||71 552|L22D4 233|~132 681|1 189 527|
|RECONCILIATION
OF FUNDS||||||||
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought
forward||||494,138|1,227,677|1,721,815|532,288|
|TOTAL FUNDS CARRIED FORWARD||||565 690|1,D23,444|1 589.134|1,721 815|
##
##
|owns the entire|shar|e capital of 1 o|rdin|ary
share of E1.A summ|ary
of the trading
results
is s|hown below:|
|---|---|---|---|---|---|---|
||||||31.3.23|31.3.22|
||||||E|E|
|Turnover|||||672,546|481,125|
|Other operating
income|||||3,500|132,418|
|Cost of sales|||||(217,610)|(147,246)|
|Selling and distribution||costs|||(3,853)|(3)189)|
|Management
charge|||||(46,800)|(16,000)|
|Administration
costs|||||(377,304)|(325,419)|
|Deferred tax|||||289|587|
|Gift aid
Corporation
tax
Net profit retained|in /|(loss absorbed|by)|subsidiary|(30,479)
269|(121,689)
~652)
~65)|
|The assets and liabilities ofthe subsidiary||||were:|||
|Fixed assets|||||31 313|24,754|
|Current assets|||||87,035|162,349|
|Current
liabilities
Provision for liabilities||and charges|||(94,858)
~4,414|(163,613)
(4,703)|
||||||19,076|18,787|
|for th|e Year Ended 31 March 2023||||
|---|---|---|---|---|
|14.|TANGIBLE FIXEDASSETS||||
|||Improves|||
|||to|Assets|Fixtures|
|||leasehold|under|and|
||CHARITY|building|construction|fittings|
|||E|E|E|
||COST||||
||At 1 April 2022
Additions|1,574,969|119,921|534,625
23,163|
||Disposals||||
||Reclassification||||
||At 31 March 2023|1 574,969|119921|557,788|
||DEPRECIATION||||
||At 1 April 2022
Charge for year|76,980
62,998||371,842
27,256|
||Eliminated
on disposal||||
||At 31 March 2023|139978||399,098|
||NET BOOK VALUE||||
||At 31 March 2023|1 434,991|119,921|158690|
||At 31 March 2022|1 497 989||162,783|
|||Motor|Computer||
|||vehicles|equipment|Totals|
|||E|E|E|
||COST
At 1 April 2022
Additions||91,322|2,200,916
143,084|
||Disposals||||
||Reclassification||||
||At 31 March 2023||91,322|2,344,000|
||DEPRECIATION||||
||At 1 April 2022
Charge for year||50,122
12,402|498,944
102,656|
||Eliminated
on disposal||||
||At 31 March 2023||62 524|601 600|
||NET BOOK VALUE
At 31 March 2023||28 798|1 742,400|
||At 31 March 2022||41 200|1 701 972|
##
##
|TANGIBLE FIXED ASSETS - continued||||
|---|---|---|---|
||Improves|||
||to|Assets|Fixtures|
||leasehold|under|and|
|GROUP|building|construction|fittings|
||E|E|E|
|COST||||
|At 1 April 2022|1,592,251||593,870|
|Additions||119,921|33,842|
|Disposals||||
|Reclassification||||
|At 31 March 2023|1,592,251|119,921|627,712|
|DEPRECIATION||||
|At 1 April 2022|77,729||422,866|
|Charge for year|63,689||30,685|
|Eliminated
on disposal||||
|At 31 March 2023|141,418||453,551|
|NET BOOK VALUE||||
|At 31 March 2023|1,450,833|119921|174,161|
|At 31 March 2022|1,514,522||171 004|
||Motor|Computer||
||vehicles|equipment|Totals|
||E|E|E|
|COST||||
|At 1 April 2022||91,322|2,277,443|
|Additions|||153,763|
|Disposals||||
|Reclassification||||
|At 31 March 2023||91 322|2,431 206|
|DEPRECIATION||||
|At 1 April 2022||50,122|550,717|
|Charge for year||12,402|106,776|
|Eliminated
on disposal||||
|At 31 March 2023||62,524|657,493|
|NET BOOK VALUE||||
|At 31 March 2023||28 798|1 773 713|
|At 31 March 2022||41,200|1,726,726|
##
||The charitable
following:|The charitable
following:|company|company|'s
investments
at the|'s
investments
at the|balance
sheet date
in the|share capital
of comp|anies
include|
|---|---|---|---|---|---|---|---|---|---|
||The Courtyard||Trading||Co. Limited|||||
||Nature of|business:||Providing||Bar and Restaurant|facilities|||
||Company|number: 03350147||||||||
||Class of share:||||||holding|||
||Ordinary||||||100|||
|||||||||31.3.23|31.3.22|
|||||||||E|I:|
||Aggregate|capital and|||reserves|||19,076|18,787|
||Profit/(Loss)||for the year|||||289|~65|
|16.|STOCK|||||||||
|||||||||31.3.23|31.3.22|
|||||||||E|E|
||Stock|||||||19,884|15,218|
|17.|DEBTORS:||AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
|||||||||31.3.23|31.3.22|
|CHARITY||||||||||
||||||||||E|
||Trade debtors|||||||27,306|9,616|
||Other debtors|||||||11,493|11,719|
||Due from|subsidiary||company||||37,908|121,689|
||VAT|||||||||
||Prepayments||and accrued income|||||29,120|28,323|
|||||||||105,827|171,347|
||GROUP|||||||31.3.23|31.3.22|
|||||||||E|E|
||Trade debtors|||||||30,383|7,797|
||Other debtors|||||||11,493|11,719|
||VAT|||||||||
||Prepayments||and accrued income|||||33,707|29,111|
|||||||||75,583|48,627|
##
##
|CHARITY|||31.3.23|31.3.22|
|---|---|---|---|---|
||||E|E|
|Trade creditors|||101,264|93,099|
|Social security|and other taxes||18,755|14,115|
|Other creditors|||96,800|68,107|
|VAT|||16,301|8,012|
|Accruals and deferred||income|417077|401 428|
||||650,197|584,761|
|GROUP|||31.3.23|31.3.22|
||||E|E|
|Trade creditors|||114,050|99,274|
|Social security and other taxes|||26,309|17,767|
|VAT|||42,280|24,553|
|Other creditors|||86,290|73,671|
|Accruals and deferred||income|432,800|405,591|
|Corporation
tax||||652|
||||701,729|621,508|
##
##
|CREDITORS: AMOUNTS
FALLING DUE AFTER MORE|THAN ONE YEAR||
|---|---|---|
|CHARITY It GROUP|31.3.23|31.3.22|
||E|E|
|Other loans (see note 20)|659,334|634,707|
||659,334|634,707|
##
##
##
|An analysi|s of the maturity
o|f loans is given below:|||
|---|---|---|---|---|
||||31.3.23|31.3.22|
||||E|E|
|Amounts|failing due between|two and five years:|||
|Other loans - 2-5 years|||19,735|14,516|
|Amounts|falling due in more|than five years:|||
|Repayable|by instalments:||||
|Other loans more 5yrs instal|||639,599|620, 191|
##
|Minimum
lease payments
under non-cancellable
operatin|g
leases fall due as follows:||
|---|---|---|
||31.3.23|31.3.22|
||E|E|
|Within one year|840|1,120|
|Between one and five years||840|
||840|1,960|
|||||31.3.23|31.3.22|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
|||E|E|E|E|
|Fixed assets||267,991|1,505,723|1,773,714|1,726,726|
|Current|assets|1,007,869|84,360|1,092,229|1,123,326|
|Current|liabilities|(701,729)||(701,729)|(621,508)|
|Long term liabilities
Provision of liabilities||(48,334)
(4,414)|(611,000)|(659,334)
~4,414)|(634,707)
~4,703)|
|||521 303|979,083|1 500.466|1,589,134|
##
##
|MOVEMENT
IN FUNDS|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||||
|||||||movement|between||At||
||||||At 1.4.22|in funds|funds||31.3.23||
||||||E|E||E|f||
|Unrestricted
funds|||||||||||
|Unrestricted
fund|||||546,904|(44,596)|||.502,308||
|Non-charitable
trading||subsidiary|||18786|289|||19|075|
||||||565,690|(44,307)|||521,383||
|Restricted fixed asset||funds|||||||||
|Equipment|||||5,695|(1,424)|||4,271||
|Kickstart|||||205,492|(11,244)|||194,248||
|Development
- funded||by various sources|||837,753|(35,023)|||802,730||
|Development
- funded||by ACE|||478,332|(19,997)|||458,335||
|Garfield Weston
- Culture
Fund|||||43,953|(8,840)|||35,113||
|Solar panels||||||11 026|||11|026|
||||||1,571,225|~65,502)|||1,505,723||
|Other restricted
asset||funds|||||||||
|Education
Et outreach|||||42,993|24,263|||67,256||
|Sylvia Short|||||5,084||||5,084||
|D M Thomas Foundation|||||590|||||590|
|Visual Arts - Hereford||City Council|||9,862||||9,946||
|Development
- loan|||||(611,000)||||(611,000)||
|Committed
restricted||fixed asset||funds|1,484||||1,484||
|Donations
&E5,000|||||3,206||||||
||||||~547,781|21,141||~526,640|||
|TOTAL RESTRICTED FUNDS|||||1,023,444|~44,361|||979,083||
|TOTAL FUNDS|||||1,589,134|~88 668|||1 500|466|
|Net movement
in funds,|||included|in the above are as follows:|Incoming|Resources||Movement|||
||||||resources|expended||in funds|||
||||||E|E||E|||
|Unrestricted
funds|||||||||||
|Unrestricted
fund|||||2,358,361|(2,402,957)||(44,596)|||
|Non-charitable
trading||subsidiary|||677 046|~676|757||289||
||||||3,035,407|(3,079,714)||(44,307)|||
|Restricted fixed asset||funds|||||||||
|Equipment||||||(1,424)||(1,424)|||
|Kickstart||||||(11,244)||(11,244)|||
|Development
funded|by various sources|||||(35,023)||(35,023)|||
|Development
funded|by ACE|||||(19,997)||(19,997)|||
|Garfield Weston
—Culture
Fund||||||(8,840)||(8,840)|||
|Solar Panels|||||12,126|(1,100)||11,026|||
|Other restricted asset|||funds||||||||
|Education
Et outreach|||||78,574|(54,311)||24,263|||
|Sylvia Short|||||||||||
|Visual Arts
—Hereford||City Council|||12,000|(11,916)|||84||
|Donations
&E5,000||||||(3,206)||(3,206)|||
||||||102,700|~)47,06))||~44,|36))||
|TOTAL FUNDS|||||3 138 107|~3,226|775)|~88,668)|||
##
|for t|he Year Ended 31 March 2|he Year Ended 31 March 2|02|3||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|23.|MOVEMENT
IN FUNDS|||||||||||
||Comparatives
for movement||||in funds|||||||
||||||||||Net
Transfers|||
||||||||||movement
between||At|
||||||||At 1.4.21||in funds
funds||31.3.22|
||||||||||E
E|||
||Unrestricted
funds|||||||||||
||Unrestricted
fund
Non-charitable
trading||subsidiary||||475,287
18 851||(26,937)
~65
98,554||546,904
18,786|
||||||||494,138||(27,002)
98,554||565,690|
||Restricted fixed asset||funds|||||||||
||Equipment||||||7,689||(1,953)|(41)|5,695|
||Kickstart||||||186,533||(11,798)
30,757||205,492|
||Development
- funded||by|various sources|||811,214||(32,735)
59,274||837,753|
||Development
- funded
by
Garfield Weston
- Culture|||ACE
Fund|||498,332
36 831|(20,000)
~11328
18||450|478,332
43,953|
||||||||1,540,599||77,814)
108,440||1,571,225|
||Other restricted asset||funds|||||||||
||Education
Et outreach||||||35,157||7,836||42,993|
||Sylvia Short||||||1,066||4,018||5,084|
||D M Thomas Foundation||||||590||||590|
||Visual Arts - Hereford|City|||Council||10,374||(512)||9,862|
||Development
- loan||||||(611,000)||||(611,000)|
||Garfield Weston
- Culture||||Fund non-FA||101,967||(83,517)
(18,450)|||
||Committed
restricted|fixed asset||||funds|148,924||41,104
(188,544)||1,484|
||Donations
&E5,000||||||||3,206||3,206|
||||||||~312,922)||~27,865
)206,994)||~(547,781|
||TOTAL RESTRICTED|FUNDS|||||1 227 677||~105 679
~98 554||1 023 444|
||TOTAL FUNDS||||||1,721,815||~132 681||1,589,134|
||Net movement
in funds,|||included||in the above are as follows:|Incoming||Resources
Movement|||
||||||||resources||expended|in|funds|
||||||||E||E||E|
||Unrestricted
funds|||||||||||
||Unrestricted
fund
Non-charitable
trading||subsidiary||||1,772,046
613,543||(1,798,983)
~613608|(26,937)
~65||
||||||||2,385,589||(2,412,591)|(27,002)||
||Restricted fixed asset||funds|||||||||
||Equipment||||||||(1,953)||(1,953)|
||Kickstart||||||||(11,798)|(11,798)||
||Development
funded|by various sources|||||||(32,735)|(32,735)||
||Development
funded|by ACE|||||||(20,000)|(20,000)||
||Garfield Weston - Culture||||Fund||||(11,328)|(11,328)||
||Other restricted asset||funds|||||||||
||Education
Et outreach||||||62,656||(54,820)||7,836|
||Sylvia Short||||||5,435||(1,417)||4,018|
||Visual Arts - Hereford|City|||Council||9,000||(9,512)||(512)|
||Garfield Weston
- Culture||||Fund non-FA||||(83,517)|(83,517)||
||Committed
restricted
Donations
&f5,000|fixed asset||||funds|65,304
9 199||(24,200)
~5,993)||41,104
3,206|
||||||||151,594||~257,273)|~)05 679)||
||TOTAL FUNDS||||||2,537,183||(2,669,864)|(132,681)||
##
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