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2023-03-31-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

		Strange Cargo Arts Company	Strange Cargo Arts Company	Limited
		Company limited	by guarantee
		Directors and other information
Directors	ITrustees	Terry Perk
		Gary Bourne
		Nicholas Varian
		Len Mayatt
		Jennifer Thatcher
		Sally Hough
		Anthony Downey
		John Joseph Charlesworth
Secretary		BOrasinski
Company	number	3066271
Charity number		1066396
Registered	office	43The Factory
		Geraldine Road
		Folkestone
		Kent
		CT194BD
Business	address	43 The Factory
		Geraldine Road
		Folkestone
		Kent
		CT194BD
Accountants		PG Lemon LLP
		134High Street
		Hythe
		Kent
		CT21 5LB

				Statement of	comprehensive	income
				Year ended 31 March 2023
							2023	2022
					Note
Turnover							135,060	155,707
Cost ofsales							(91,986)	(56,385)
Gross profit							43,074	99,322
Administrative		expenses					(71,619)	(75,082)
Operating (loss)/profit							(28,545)	24,240
Other interest	receivable		and similar income				402	10
(Loss)/profit	before taxation						(28,143)	24,250
Tax on (loss)/profit
(Loss)/profit	for the financial			year and total
comprehensive		income					(28,143)	24,250
All the activities		ofthe company are from continuing			operations.

		Strange Cargo Arts	Strange Cargo Arts	Company	Limited
		Company	limited	by guarantee
		Statement	offinancial position
		31 March 2023
				2023		2022
			Note	8		8
Fixed assets
Tangible assets			8	185,589		186,156
					185,589		186,156
Current assets
Stocks				700		660
Debtors			9	2,016		3,151
Cash at bank and	in hand			74,840		99,175
				77,556		102,986
Creditors: amounts		falling due
within one year			10	(8,923)		(6,777)
Net current assets					68,633		96,209
Total assets less	current liabilities				254,222		282,365
Net assets					254,222		282,365
Capital and reserves
Profit and loss account					254,222		282,365
Members funds					254,222		282,365

		Profit and	Total
		loss
		account
At 1 April 2021		258,115	258,115
(Loss)/profit for the year		24,250	24,250
Total comprehensive	income for the year	24,250	24,250
At 31 March 2022 and	1 April 2022	282,365	282,365
(Loss)/profit for the year		(28,143)	(28,143)
Total comprehensive	income for the year	(28,143)	(28,143)
At 31 March 2023		254,222	254,222

Analysis ofcost	ofprojec	ts
				2023	2022
				6	E
Gravesend Light	Festival			7,971	12,135
Core expenditure	-Cheriton	Light Festival 2020			942
Core expenditure	-Cheriton	Light Festival		82
Core expenditure	-Guidebook		Turner Prize	141	1,011
Core expenditure	- Other			430
Core expenditure	- Chari Vari		2021	(41)	6,594
Core expenditure	- Chari Vari		2022	30,754	936
Core expenditure	- Chari Vari		2023	1,147
Core expenditure	- Romney	Marsh Guidebook			14,108
Core expenditure	- Gravesend		Light Festival 2021
Core expenditure	- Factory	Works		4,425
Core expenditure	-Bag of Doings				2,015
Core expenses -	Otterpool	Project		6,251	8,456
Resident Platform				18,491	9,369
Age UK					749
EMSTS Romney	Marsh			11,835
Leas Lift				8,725
EMSTS Dover				1,815
Total				92,026	56,315

			2023	2022
			E	E
Depreciation	oftangible	assets	567	757

8.	Tangible assets
			Freehold	Plant and	Fixtures,	Total
			property	machinery	fittings and
					equipment
					L'
	Cost
	At 1 April 2022 and	31 March 2023	183,883	61,153	49,237	294,273
	Depreciation
	At 1 April 2022			60,997	47,120	108,117
	Charge for the year			39	528	567
	At 31 March 2023			61,036	47,648	108,684
	Carrying amount
	At 31 March 2023		183,883	117	1,589	185,589
	At 31 March 2022		183,883	156	2,117	186,156
9.	Debtors
					2023	2022
	Trade debtors				666
	Other debtors				1,350	3,151
					2,016	3,151
10.	Creditors: amounts	falling due within one year
					2023	2022
	Trade creditors				3,096	2,630
	Social security and other taxes				1,705	1,405
	Other creditors				4,122	2,742
					8,923	6,777

					2023f	2022 6
Turnover
Fees receivable	and other			sales income	23,903	23,445
Grants and donations					110,969	132,112
Gallery and workshop		hire			188	150
					135,060	155,707
Cost ofsales
Opening stock					(660)	(730)
Cost ofprojects					(92,026)	(56,315)
					(92,686)	(57,045)
Closing stock					700	660
					(91,986)	(56,385)
Gross profit					43,074	99,322
Gross profit percentage					31.9%	63.8%
Overheads
Administrative	expenses
Wages and salaries					(50,755)	(48,792)
Rent and rates					(669)	(1,960)
Insurance					(1,463)	(1,620)
Light and heat					(1,294)	(816)
Repairs and maintenance					(829)	(2,344)
Postage and stationery					(2,181)	(1,824)
Advertising					(1,800)	(3,936)
Telephone and	internet				(1,053)	(955)
Computer costs					(536)	(1,434)
Hire ofoffice equipment						(655)
Motor expenses,	transport			and accomodation		(8)
Travel expenses					(346)
Accountancy fees					(2,100)	(2,000)
Payroll and bookkeeping					(6,600)	(6,499)
Bank charges					(165)	(724)
General expenses					(236)	(150)
Subscriptions and licences					(1,025)	(608)
Depreciation of	tangible		assets		(567)	(757)
					(71,619)	(75,082)
Operating (loss)/profit					(28,545)	24,240
Operating (loss)/profit			percentage		21.1%	15.6%

			2023	2022
Other interest	receivable	and similar income	402	10
(Loss)/profit	before taxation		(28,143)	24,250