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|Reference and Administrative<br>Details|Reference and Administrative<br>Details|Reference and Administrative<br>Details||
|---|---|---|---|
|Strategic Report||||
|Trustees' Report|||3to 5|
|Independent<br>Examiner's||Report||
|Statement ofFinancial||Activities||
|Balance Sheet||||
|Notes to the Financial|Statements||9to 15|





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||||and Los|ses)|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|2023|
||||Note||||
|Income and Endowments||from:|||||
|Donations<br>and legacies|||2|191||191|
|Other trading activities|||3|72,905||72,905|
|Investment<br>income|||14|17||17|
|Total income||||73,113||73,113|
|Expenditure<br>on:|||||||
|Raising funds||||(68,260)||(68,260|
|Total expenditure||||(68,260)||(68,260)|
|Net income||||4,853||4,853|
|Net movement<br>in funds||||4,853||4,853|
|Reconciliation offunds|||||||
|Total funds brought|forward|||41,394|91,499|132,893|
|Total funds carried|forward|||46,247|91,499|137,746|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|2022|
||||Note||||
|Income and Endowments||from:|||||
|Donations<br>and legacies|||2|10,283||10,283|
|Other trading activities|||3|56,284||56,284|
|Investment<br>income|||14|1||1|
|Total income||||66,568||66,568|
|Expenditure<br>on:|||||||
|Raising funds||||(59,469)||(59,469)|
|Total expenditure||||(59,469)||(59,469)|
|Net income||||7,099||7,099|
|Net movement<br>in funds||||7,099||7,099|
|Reconciliation offunds|||||||
|Total funds brought|forward|||34,295|91,499|125,794|
|Total funds carried|forward||9|41,394|91,499|132,893|





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|||Balan|ce Sheet as at3|1January 202|3||
|---|---|---|---|---|---|---|
||||||2023|20?2|
|||||Note|||
|Fixed assets|||||||
|Tangible assets|||||92,173|92,159|
|Current<br>assets|||||||
|Debtors|||||1,395||
|Cash at bank|and in hand||||46,744|43,460|
||||||48,139|43,460|
|Creditors: Amounts||falling due within|one year||(2,566)|(2,726)|
|Net current|assets||||45,573|40,734|
|Net assets|||||]37,746|132,893|
|Funds ofthe|charity:||||||
|Restricted<br>income funds|||||||
|Restricted funds|||||91,499|91,499|
|Unrestricted|income|funds|||||
|Unrestricted|funds||||46,247|41,394|
|Total funds|||||137,746|132,893|



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||Unrestricted||
|---|---|---|
||funds|Total|
||General|funds|
|Donations<br>and legacies:|||
|Donations<br>from individuals|191|191|
|Total for 2023|191|191|
|Total for 2022|10,283|10,283|
|3<br>Income from othe!.trading activities|||
||Unrestricted||
||funds|Total|
||General|funds|
|||s|
|Trading income:|||
|Income from sale ofgoods and services|72,905|72,905|
|Total for 2023|72,905|72,905|
|Total for 2022|56,284|56,284|





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|5<br>Tangible<br>fixed assets||||||
|---|---|---|---|---|---|
|||Land and|Furniture|and||
|||buildings|equipment||Total|
|Cost||||||
|At 1 February 2022||91,499||2,274|93,773|
|Additions||||239|239|
|At 31 January 2023||91,499||2,513|94,012|
|Depreciation||||||
|At 1 February 2022||||1,614|1,614|
|Charge for the year||||225|225|
|At 31 January 2023||||1,839|1,839|
|Net book value||||||
|At 31January 2023||91,499||674|92,173|
|At31 January 2022||91,499||tet|9'I.D9|
|6<br>Debtors||||||
||||||2023|
|Other debtors|||||1,395|
|7<br>Cash and cash equivalents||||||
||||2023||2022|
|Cash at bank|||46,744||43,460|
|8<br>Creditors: amounts|falling due within one year|||||
||||2023||2022|
||||||K|
|Other creditors|||580||740|
|Accruals|||1,986||1,986|
||||2,566||2,726|





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|9<br>Funds|||||||
|---|---|---|---|---|---|---|
|||Balance|at I|Incoming|Resources|Balance at 31|
|||February|2022|resources|expended|January 2023|
|||||8|||
|Unrestricted|funds||||||
|General||41,394||73,113|(68,260)|46,247|
|Restricted funds||91,499||||91,499|
|Total funds||132,893||73,113|(68,260)|137,746|
|||Balance|at I|Incoming|Resources|Balance at 31|
|||February|2021|resources|expended|January 2022|
|Unrestricted|funds||||||
|General||34,295||66,568|(59,469)|41,394|
|Restricted funds||91,499||||91,499|
|Total funds||125,794||66,568|(59,469)|132,893|
|10 Analysis ofnet assets between||funds|||||
|||||Unrestricted||Total funds at|
|||||funds|Restricted|31 January|
|||||General|funds|2023|
|Tangible fixed|assets|||674|91,499|92,173|
|Current assets<br>Current liabilities||||48,139<br>~(t,i(6||48,139<br>(2,566)|
|Total net assets||||46,247|91,499|137,746|





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|---|---|---|---|---|---|---|
||||funds||Total||
||||General||funds||
|Interest receivable|and similar income:||||||
|Interest receivable||on bank deposits||17||17|
|Total for 2023||||17||17|
|Total for 2022|||||||





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||||||Total|Total|
|---|---|---|---|---|---|---|
||||||2023|2022|
|Income and Endowments||from:|||||
|Donations<br>and|legacies (analysed|||below)|191|10,283|
|Other trading|activities (analysed|||below)|72,905|56,284|
|Investment<br>income (analysed|||below)||17|I|
|Total income|||||73,113|66,568|
|Expenditure|on:||||||
|Raising funds|(analysed<br>below)||||(68,260)|(59,469)|
|Total expenditure|||||(68,260)|(59,469)|
|Net income|||||4,853|7,099|
|Net movement|in funds||||4,853|7,099|
|Reconciliation|offunds||||||
|Total funds brought<br>forward|||||132,893|125,794|
|Total funds carried forward|||||137,746|132893|





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|Detailed Statement ofFinancial Activities|for the Year Ended 31Janua|ry 2023|
|---|---|---|
||Total|Total|
||2023|2022|
|Donations and legacies|||
|Friends ofMorvah|7|2|
|Donations|184|185|
|UK Government<br>grants||10,096|
||191|10,283|
|Other trading<br>activities|||
|Coffee shop income|15,198|12,794|
|Fundraising<br>activities|6,514||
|Gallery sales|19,975|16,844|
|Craft sales|26,591|23,448|
|Office services|17|128|
|Gallery hire|4,610|3,070|
||72,905|56,284|
|investment<br>income|||
|Bank interest receivable|17||
||17||
|Raising funds|||
|Cost offunctions|(2,637)|(55)|
|Payments<br>to artists|(15,271)|(12,769)|
|Payments<br>to craft persons|(17,511)|(15,112)|
|Coffee shop supplies|(4,199)|(3,870)|
|Wages and salaries|(18,181)|(12,644)|
|Rent and rates|(307)|(261)|
|Light, heat and power|(1,952)|(1,214)|
|Insurance|(1,368)|(1,376)|
|Telephone<br>and fax|(580)|(850)|
|Printing<br>and stationery|(679)|(1,578)|
|Sundry expenses|(52)|(272)|
|Maintenance<br>and cleaning|(1,404)|(1,062)|
|Kitchen refurbishment||(4,731)|
|Advertising|(244)|(82)|
|Accountancy<br>fees|(1,986)|(2,004)|
|Bank charges|(1,664)|(1,368)|
|Depreciation ofplant and machinery<br>Depreciation ofoffice equipment|(13)<br>(212)|(17)<br>~cD4|
||(68460)|(59,469)|