##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
||Notes|Funds|Funds|2022|2021|
|INCOME AND ENDOWMENTS||||||
|FROM:||||||
|Donations
and legacies|2|163,831|5,000|168,831|281,305|
|Investment
income|3|28||28|35|
|Charitable
activities|4|340,829||340,829|295,840|
|TOTAL INCOME||504,688|5,000|509,688|577,180|
|EXPENDITURE ON:||||||
|Raising funds||973||973|17|
|Charitable
activities|5|567,918|6,064|573,982|420,359|
|TOTAL EXPENDITURE||568,891|6,064|574,955|420,376|
|NET (EXPENDITURE)/INCOME|6|(64,203)|(1,064)|(65,267)|156,804|
|Transfer between
funds||||||
|NET MOVEMENT
IN FUNDS||(64,203)|(1,064)|(65,267)|156,804|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought
forward at 1 April 2021||113,352|1,314|114,666|(42,138)|
|TOTAL FUNDS CARRIED FORWARD||||||
|AT 31 MARCH 2022||249,149|2250|249,399|2114,666|
##
##
##
||Notes|2022||2021||
|---|---|---|---|---|---|
|FIXEDASSETS||||||
|Tangible assets|||||1,586|
|CURRENT ASSETS||||||
|Debtors|10|1,601||9,403||
|Cash at bank and in hand||146,811||193,008||
|||148,412||202,411||
|CREDITORS:||||||
|Amounts
falling due within one year|11|99,652||89,331||
|NET CURRENT (ASSETS)ILIABILITIES|||48,760||113,080|
|NET (ASSETS)ILIABILITIES|12||249,399||21t4,666|
|FINANCED BY:||||||
|Unrestricted
funds|13||49,149||113,352|
|Restricted funds|13||250||1,314|
||||249,399||2114,666|
##
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||2|2|
|Cash flows from operating||activities:||||||
|Net movement
in funds per|Statement||of Financial||Activities|(65,267)|156,804|
|Adjustments
for:||||||||
|Depreciation||||||1,798|2,249|
|Decrease/(increase)
in debtors||||||7,802|(3,414)|
|Increase
in creditors||||||10,321|21,048|
|Net cash provided byi(used||ini operating||activities||(45,346)|176,687|
|Cash flows from investing||activities:||||||
|Purchase of tangible
fixed assets||||||(851)||
|Net cash provided
by/(used||tn) investing||activities||(851)||
|Increase/(decrease)
in cash||||||(46,197)|176,687|
|Cash and cash equivalents|brought
forward|||||193,008|16,321|
|Cash and cash equivalents||carried forward||||2146,811|F193,008|
|Analysis ofcash and cash||equivalents||||2022|2021|
|||||||2||
|Cash at bank and
in hand||||||2146,811|2193,008|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2022|2021|
|||||2|2|2|2|
|Arts|Council|England|grant|142,993||142,993|212,456|
|Other|grants||||||48,000|
|Donations||||20,838|5,000|25,838|20,849|
|||||2163,831|25,000|2168,831|2281,305|
##
||Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
||Funds||Funds|2022|2021|
||2||2|2|2|
|Bank interest receivable|228||ENII|228|235|
|All of the 235 recognised|in 2021 was unrestricted|funds.||||
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|2022|2021|
||||2|2|2|2|
|Courses (inc. online)|||180,185||180,185|150,227|
|Tutorials|||11,442||11,442|12,007|
|Seminars|||46,313||46,313|45,905|
|Workshops|||23,929||23,929|28,157|
|New Artistic Programmes||and Special|||||
|Projects|||30,514||30,514|7,773|
|Higher Education|Programme||48,302||48,302|48,213|
|Other income|||144||144|3,258|
||||2340,829|2Nil|2340,829|2295,840|
##
##
##
##
##
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|2022|2021|
|||2|8|2|8|
|Salaries and staff costs||219,641||219,641|172,706|
|Tutor fees||129,692||129,692|124,388|
|Rent and venue
hire||40,576||40,576|303|
|Premises cost||(931)||(931)|4,023|
|Marketing||6,399||6,399|5,271|
|Course Expenses||1,350||1,350|425|
|Higher Education
Programme||30,068||30,068|17,097|
|New Artistic Programmes||60,627|5,000|65,627|37,017|
|Bursary||3,371||3,371|3,312|
|Insurance||2,537||2,537|2,190|
|Postage||181||181|486|
|Website costs||9,521||9,521|10,131|
|Legal and professional||||||
|Refunds|||||120|
|Repairs and renewals|(Inc. IT)|19,316||19,316|2,329|
|Stationery
and office supplies||8,292||8,292|3,220|
|Telephone
and Internet||5,851||5,851|4,283|
|Bank and PayPal charges||5,858||5,858|5,704|
|Sundry expenses||1,232||1,232|379|
|Depreciation||734|1,064|1,798|2,249|
|DIRECT PROJECT COSTS||544,315|6,064|550,379|395,633|
|SUPPORT COSTS||||||
|Salaries and staff costs||21,658||21,658|21,062|
|Governance costs:||||||
|Auditors
remuneration||1,854||1,854|1,860|
|Directors' expenses||91||91|1,804|
|Trustees' expenses||||||
|||2567,918|6,064|2573,982|2420,359|
##
##
##
##
##
||||2022|2021|
|---|---|---|---|---|
|This is stated|after charging:||||
|Operating
lease rentals|||226,065|21,699|
|Auditors'
remuneration:|||||
|Audit services|||81,600|21,600|
|Non-audit|services —accountancy|services|2260|2260|
|Depreciation|||21,798|22,249|
|STAFFING|||||
||||2022|2021|
||||2|2|
|Salaries|||182,698|160,034|
|Social Security cost|||13,991|11,215|
|Pension costs|||4,607|4,063|
||||201,296|175,312|
|Consultants|and other staff costs||36,481|18,456|
||||2237,777|2193,768|
|Total employ|ee
benefits received
by key manage|ment
amounted
to 265,900(202|1:256,987|
|---|---|---|---|
|||2022|2021|
|Number
of Staff||No.|No.|
|Director||||
|Programme|& Marketing|||
|Administration|& Finance|||
##
##
##
##
##
|||||Improvements|Improvements|to|Furniture|8||
|---|---|---|---|---|---|---|---|---|---|
|||||Leasehold|Premises||Equipment||Total|
|||||2|||2||2|
||Cost|||||||||
||At 1 April 2021|||7,929|||20,755||28,684|
||Additions||||||851||851|
||Disposals|||||||||
||At 31 March 2022|||7,929|||21,606||29,535|
||Depreciation|||||||||
||At 1 April 2021|||6,343|||20,755||27,098|
||Charge for the year|||1.586|||212||1,798|
||At 31 March 2022|||7,929|||20,967||28,896|
||Net Book Values|||||||||
||At 31 March 2022|||2NII|||F639||2639|
||At 31 March 2021|||21,586|||ENII||21,586|
|10.|DEBTORS|||||||||
||||||||2022||2021|
||||||||2||2|
||Accrued income||||||125||8,853|
||Prepayments||||||1,476||550|
||||||||21,601||29,403|
|11.|CREDITORS: Amounts||falling|due within one|year|||||
||||||||2022||2021|
||||||||8||2|
||Other creditors|including|taxation|and social security|||45,618||27,170|
||Accruals||||||1,860||1,860|
||Deferred
income||||||52,174||60,301|
||||||||299,652||289,331|
##
##
##
##
||||Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2022|2021|
|||||2|2|2|2|
|Fund Balances at 31 March|||2021|||||
|are represented||by||||||
|Tangible
fixed assets||||639||639|1,586|
|Current assets||||148,162|250|148,412|202,411|
|Current
liabilities||||(99,652)||(99,652)|(89,331)|
|||||249,149|2250|249,399|2114,666|
|MOVEMENT|IN FUNDS|||||||
||||At 1 April||||At 31 March|
||||2021
f|Income
2|Expenditure
2|Transfers
2|2022
2|
|Restricted
Funds:||||||||
|Laurel prize||||5000|5,000|||
|Moving funds|||1,064||1,064|||
|Apples
& Snakes|||250||||250|
||||1,314|5,000|6,064||250|
|Unrestricted|Funds:|||||||
|General|||113,352|504,688|568,891||49,149|
|Total Funds|||2114,666|2509,688|2574,955|ENil|249399|
||||At 1 April||||At 31 March|
||||2020|Income|Expenditure|Transfers|2021|
||||2|2|2|2|2|
|Restricted
Funds:||||||||
|Laurel prize|||5,000||5,000|||
|Moving funds|||2,128||1,064||1,064|
|Apples
& Snakes|||250||||250|
||||7,378||6,064||1,314|
|Unrestricted|Funds:|||||||
|General|||(49,516)|577,180|414,312||113,352|
|Total Funds|||2(42,138)|2577,180|2420,376|EN)I|Et14666|
##
##
##
##
##
##
##
|otal future|minimum
lease payments
und|er non-cancellable
operating
leases|are as follo|
|---|---|---|---|
|||2022|2021|
|Amounts|due within:|||
|One year||1,699|26,065|
|One to five years||566|2,266|
|||22,265|228,331|
##