2022-03-31-accounts

		Page
Directors	and other information
Trustees'	annual report	2-5
Independent examiner's report
Statement	ofcomprehensive income
Statement	offinancial position	8-9
Statement	ofchanges in equity	10
Notes to the financial statements		11-14

Directors	ITrustees	Terry Perk
		Gary Bourne
		Nicholas Varian
		Len Mayatt
		Jyll Bradley	(Resigned 22 November 2021)
		Jennifer Thatcher
		Sally Hough
		Anthony Downey
		John Josehh Charlesworth
Secretary		BOrasinski
Company	number	3066271
Charity number		1068396
Registered	office	43The Factory
		Geraldine Road
		Folkestone
		Kent
		CT194BD
Business	address	43The Factory
		Geraldine Road
		Folkestone
		Kent
		CT194BD
Accountants		PG Lemon LLP
		134 High Street
		Hyihe
		Kent
		CT21 SLB

			2022	2021
		Note		6
Income			155,707	179,701
Direct cost			(56,385)	(39,338)
Gross surplus			99,322	140,363
Administrative expenses			(75,082)	(75,966)
Operating surplus	I(deficit)		24,240	64,397
Other interest receivable and similar income			10	14
Surplus/(deficit)	before taxation		24,250	64,411
Tax on surplus/(deficit)
Surplus I(deficit)	forthe financial year and total
comprehensive income			24,250	64,411

		Profit and	Total
		loss
		account
At 1 April 2020		193,704	103,704
Surplus I(deficit) for the year		64,411	64,411
Total comprehensive	income for the, year	64,411	64,411
At 31 March 2021 and 1April 2021		258,115	258,115
Surplus/(deficit) for the year		24,250	24,250
Total comprehensive	income for the year	24,250	24,250
At 31 March 2022		282,365	282,365

Analysis ofcost	ofprojects
			2022	2021
			5	6
Gravesend Light	Festival		12,135
Core expenditure	- Cheriton Light Festival 2020		942	2,25'1
Core expenditure	-Guidebook	Turner Pdze	1,011	118
Core expenditure	- Other			392
Core expenditure	- Chsri Vari	2020		10,359
Core expenditure	- Chari Vari	2021	6,594	300
Core experiditure	- Chari Vad	2022	936
Core expenditure-	Romney Marsh Guidebook		14,108	4,705
Core expenditure	- Gravesend	Light Festival 2021		15,907
Core expenditure	- Bag ofDoings		2,015	4,437
Core expenses -	Otterpool Project		8,456	99
Resident Platform			9,369
Age UK			749
Total			56,315	36,568

2022	2021
E
757	1,005

8.	Tangible assets
			Freehold	Plant end	Fixtures,	Total
			property	machinery	fittings and
					equipment
	Cost
	At 1 April 2021		172,378	61,153	49,237	282,768
	Additions		11,505			11,505
	At 31 March 2022		183,883	61,153	49,237	294,273
	Depreciation
	At 1 April 2021			60,945	46,415	107,360
	Charge for the year			52	705	757
	At 31 March 2022			60,997	47,120	108,117
	Carrying amount
	At 31March 2022		183,883	156	2,117	186,156
	At 31 March 2021		172,378	208	2,822	175,408
9.	Debtors
					2022	2021
					f
	Trade debtors					1,500
	Other debtors				3,151	2,113
					3,151	3,613
10.	Creditors: amounts	falling due within one year
					2022	2021
					f	8
	Trade creditors				2,630	3,696
	Social secudity and other taxes				1,405	1,970
	Other creditors				2,742	6,053
					6,777	11,719

				Detailed income state Year ended 31 March	ment 2022
					2022f	2021 E
Income
Fees receivable and other			sales	income	23,445	96,174
Grants and donations					132,112	83,277
Gallery and workshop	hire				150	250
					155,707	179,701
Direct cost
Opening stock					(730)	(1,500)
Cost ofprojects					(56,315)	(38,568)
					(57,045)	(40,068)
Closing stock					660	730
					(56,385)	(39,338)
Gross surplus					99,322	140,363
Gross surplus percentage					63.8%	78 1%
Overheads
Administrative expenses
Wages and salaries					(48,792)	(48,800)
Rent and rates					(1,960)	(535)
Insurance					(1,620)	(4,268)
Light and heat					(816)	(1,904)
Repairs and maintenance					(2,344)	(2,271)
Postage and stationery					(1,824)	(1,306)
Advertising					(3,936)
Telephone and internet					(955)	(1,393)
Computer costs					(1,434)	(1,493)
Hire ofoffice equipment					(655)	(1,735)
Motor expenses, transport			and a	ccomodation	(8)
Travel expenses						(2,161)
Accountancy fees					(2,000)	(2,000)
Payroll and bookkeeping					(6,499)	(5,926)
Bank charges					(724)	(203)
General expenses					(150)	(551)
Subscriptions and licences					(608)	(415)
Depreciation oftangible	assets				(757)	(1,005)
					(75,082)	(75,966)
Operating surplus I(deficit)					24,240	64,397
Operating surplus I(deficit) percentage					15.6%	35.8%
Other interest receivable		and similar income			10	14
Surplus I(deficit) before taxation					24450	64,411