|Contents|Page|
|---|---|
|Legal and Administrative Information|1|
|Report of the Trustees|2-7|
|Independent Examiner's Report|8|
|Statement of Financial Activities|9|
|Balance Sheet|10|
|Statement of Charity Cash Flow|11|
|Notes to the Financial Statements|12- 22|





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||Notes|Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||2022|2022|2022|2021|
|Income from||||||
|Donations and legacies|3|288,702|225,877|514,579|416,347|
|Charitable activities|4||213,684|213,684|55,099|
|Investments|||200|200|1|
|Total Income||288,702|439,761|728,463|471 ,447|
|Expenditure on||||||
|Raising funds|5||51,047|51 ,047|47,351|
|Charitable activities|6|219,838|289,684|509,522|456,243|
|Total Expenditure||219,838|340,731|560,569|503,594|
|Net (Deficit) I Surplus before transfers||68,864|99,030|167,894|(32,147)|
|Transfers||||||
|Net Surplus I (Deficit)||68,864|99,030|167,894|(32,147)|
|Total funds brought forward||41 ,OOO|311,397|352,397|384,544|
|TotalFunds carried forward|15|E109,864|€410,427|E520,291|E352,397|





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|||Registered|No: 03577462||
|---|---|---|---|---|
||Notes|31 December2022||31 December 2021|
|Fixed Assets|||||
|Tangible assets|11||3,910|5,213|
|Current Assets|||||
|Debtors|12|72,202||89,094|
|Cash at bank and in hand||581 ,299||325,412|
|||653,501||414,506|
|Creditors, amountsfalling|||||
|due within one year|13|137,120||67,322|
||||516,381|347,184|
|Net Current Assets|||E520,291|E352,397|
|Reserves|||||
|Funds|16||||
|Unrestricted|||410,427|311 ,397|
|Restricted|||109,864|41 ,OOO|
||||E520,291|E352,397|



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||Notes|31 December|2022|31 December|2021|
|---|---|---|---|---|---|
|Cash flows from operating activities||||||
|Net cash provided by operating activities|18||255,687||(49,463)|
|Cash flows from investing activities||||||
|Dividends and interest from||||||
|investments and bank||200||1||
|Payment to acquire tangible fixed assets||||||
|Net<br>cash<br>provided<br>by<br>investing||||||
|activities|||200||1|
|Change in cash and cash equivalents in||||||
|the reporting period|||255,887||(49,462)|
|Cash<br>and<br>cash<br>equivalents<br>at<br>the||||||
|beginning of reporting period|||325,412||374,874|
|Cash and cash equivalents at the end||||||
|of the reporting period|||581 ,299||325,412|
|Cash at bank and in hand|||581 ,299||325,412|





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||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|
||2022|2022|2022|2021|
|Public sponsorship and grants|91,702|2,500|94,202|59,350|
|Arts Council||152,760|152,760|237,986|
|Private sponsorship, grants|||||
|and donations|197,000|70,617|267,617|119,011|
||288,702|€225,877|E514,579|E416,347|
|Funding from the Arts Council comprises:-|||||
||||2022|2021|
|National PortfolioFunding|||152,760|152,760|
|National Lottery Projects Grants||||25,664|
|Culture Recovery Fund||||59,562|
||||E152,760|237,986|



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|Charitable Activities|||||
|---|---|---|---|---|
||Restricted|Unrestricted|Total|Total|
||2022|2022|2022|2021|
|Workshops||5,530|5,530|958|
|Ticket sales||2,131|2,131|1,591|
|Management fees & contracts||190,000|190,000|30,550|
|Otherincome|||||
|Recharges||16,023|16,023|22,000|
||ENil|€213,684|E213,684|E55,099|





|5.|Raising Funds|||||
|---|---|---|---|---|---|
|||Restricted|Unrestricted|Total|Total|
|||2022|2022|2022|2021|
||Direct Costs|||||
||Wages and salaries||44,391|44,391|40,858|
||Supportcosts (note 7)||6,656|6,656|6,493|
|||ENil|E51 ,047|E51 ,047|E47,351|



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||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|
||2022|2022|2022|2021|
|Direct Costs|||||
|Wages and salaries|68,235|151,376|219,611|205,243|
|Creative programme costs<br>Production costs|70,553<br>57,958|85,705<br>14,724|156,258<br>72,682|122,466<br>63,416|
|Publicity/marketing|15,979|11,717|27,696|32,650|
|Supportcosts (note 7)|7,113|26,162|33,275|32,468|
||219,838|289,684|E509,522|E456,243|



|A further breakdown by|3 key strands of activi|ty:|||
|---|---|---|---|---|
||||Total|Total|
||Restricted|Unrestricted|2022|2021|
|TotallyThames|59,590|56,199|115,789|116,698|
|Education|91,ooo|228,042|319,042|229,351|
|Heritage|69,248|5,443|691|110,194|
||E219,838|289,684|E509,522|E456,243|





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|Support Costs|||||
|---|---|---|---|---|
||2022|2022|2022|2021|
||Fundraising|Charitable|Total|Total|
|||Activities|||
|Office rent and maintenance|2,687|13,433|16,120|11,453|
|Telephone and stationery|59|293|352|508|
|IT and equipmentcosts|1,490|7,447|8,937|8,062|
|Bank interestand charges|107|534|641|664|
|Sundry costs|651|3,254|3,905|7,902|
|Governance (Note 8)||7,228|8,673|9,068|
|Depreciation|217|1,086|1 ,303|1 ,304|
||E6,656|€33,275|E39,931|E38,961|



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|Governance Costs|||||
|---|---|---|---|---|
||Restricted|Unrestricted|Total|Total|
||2022|2022|2022|2021|
|Trustees' insurance||1 ,353|,353|2,298|
|Insurance||3,212|3,212|3,784|
|Independent Examiner's fee||2,000|2,000|2,900|
|Accountancy|||||
|Board expenses||108|108|86|
|Board recruitment||2,000|2,000||
||ENil|€8,673|E8,673|E9,068|



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|StaffCostsIcont|||
|---|---|---|
||2022|2021|
|Wages and salaries|231,755|229,771|
|Social security costs|25,127|24,397|
|Pension costs|11,489|12,053|
|Employers allowance|(5,000)|(4,000)|
||263,371|262,221|



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|Tangible Fixed Assets|||
|---|---|---|
||Computer Equipment|Total|
|Cost|||
|Balance@ 1 January 2022<br>Additions|6,517|6,517|
|Balance at 31 December 2022|6,517|6,517|
|Depreciation_|||
|Broughtforward at 1 January 2022|1 ,304|1,304|
|Charge for year|1 ,303|1,303|
|Balance at 31 December 2022|2,607|2,607|
|Net book value|||
|As at 31 December2022|E3,910|€3,910|
|As at 31 December 2021|E5,213|E5,213|



||2022|2021|
|---|---|---|
|Trade debtors|6,134|(140)|
|Otherdebtors|2,400|2,400|
|VAT|5,425||
|Prepayments|2,932|7,240|
|Accrued income|55,311|79,594|
||E72,202|E89,094|





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|13.|Creditors: amounts falling due within one year|||
|---|---|---|---|
|||2022|2021|
||Tradecreditors|1 ,295|4,655|
||Othercreditors|11,556|6,625|
||Accruals|18,376|15,126|
||VAT||5,706|
||Deferred income|105,893|35,210|
|||€137,120|E67,322|
||Deferred income analysis|||
||Balance brought forward at 1 January 2022|35,210|7,710|
||Additions in the year|105,893|35,210|
||Amounts related to incoming resources|(35,210)|(7,710)|
||Balance carried forward at 31 December2022|E105,893|€35,210|
|14.|Pension Costs|||
|||2022|2021|
||Defined contribution|||
||Contributions payable by the companyfor the year|Ell ,543|€12,053|



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|||Other||Land and buildings|Land and buildings|
|---|---|---|---|---|---|
||2022||2021|2022|2021|
|Within one year|1 ,ooo||1 ,ooo|3,706|11,119|
|Between two and five years|2,000||3,000||32,430|





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|Funds||||||
|---|---|---|---|---|---|
||Balance|||Transfer|Balance|
||At 1 Jan|||Between|at 31 Dec|
||2022|Income|Expenditure|Funds|2022|
|UnrestrictedFunds||||||
|General Fund|311,397|439,761|340,731||410,427|
|RestrictedFunds||||||
|Rothschild (Reflections)||55,000|55,000|||
|HFL (Trinity Buoy Wharf)||55,131|45,267||9,864|
|Garfield Weston (ROH)||50,000|50,000|||
|The Story of Water|41,ooo||41,ooo|||
|HLF (Harland & Wolff)||9,951|9,951|||
|GLA Royal Docks||18,620|18,620|||
|PJP 2023 Donation||100,000|||100,000|
||41,000|288,702|219,838|ENil|109,864|
|Total Funds|E352,397|E728,463|€560,569|ENil|E520,291|
|Funds relating to the year ended 31 December 2021||||||
||Balance|||Transfer|Balance|
||At 1 Jan|||Between|at 31 Dec|
||2021|Income|Expenditure|Funds|2021|
|UnrestrictedFunds||||||
|General Fund|220,415|280,133|189,151||311,397|
|RestrictedFunds||||||
|Tidefest||4,750|4,750|||
|Illuminated River Project||12,000|12,000|||
|Rivers of the World|75,901|71 ,214|147,115|||
|The Story of Water|48, 182|44,000|51,182||41,000|
|The Islanders|40,046|59,350|99,396|||
||164,129|191,314|314<br>,443||41 ,ooo|
|Total Funds|€384,544|E471 ,447|€503,594||E352,397|



||Fixed|Assets|Debtors|Cash|Creditors|Net Assets|
|---|---|---|---|---|---|---|
|Restricted||||215,757|(105,893)|109,864|
|Unrestricted||3,910|72,202|365,542|(31 ,227)|410,427|
|||E3,910|E72,202|€581 ,299||€520,291|





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||Fixed|Assets|Debtors|Cash|Creditors|Net Assets|
|---|---|---|---|---|---|---|
|Restricted||||41 ,000||41,000|
|Unrestricted||5,213|89,094|284,412|(67,322)|311,397|
|||€5,213|€89,094|2325,412||E352,397|



|Reconciliation of Net Income to Net Cash Flow from|Operating Activities||
|---|---|---|
||2022|2021|
|Net income for the reporting period|167,894|(32, 147)|
|Adjustments for:|||
|Dividends and interest from investments and bank<br>Decrease/(lncrease) in debtors|(200)<br>16,892|(1)<br>(52,162)|
|(Decrease)/lncrease in creditors|69,798|33,543|
|Depreciation|1,303|1 ,304|
|Net cash provided by operating activities|E255,687||



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||2022|2021|
|---|---|---|
||Total|Total|
|Income|||
|Public sponsorship and grants|94,201|59,350|
|Arts Council|152,760|237,986|
|Private sponsorship, grants and donations|267,618|119,011|
|Charitable activities|7,661|2,549|
|Other trading income|206,023|52,550|
|Interest receivable|200|1|
||E728,463|E471<br>,447|
|Direct Charitable Expenditure|||
||2022|2021|
||Total|Total|
|Wages and salaries|264,002|246,101|
|Creative programme costs|156,258|122,466|
|Production costs|72,682|63,416|
|Marketingcosts|27,696|32,650|
||E520,638|E464,633|
|Administrative Expenses|||
||2022|2021|
||Total|Total|
|Audit and examinerfees|2,000|2,900|
|Bank charges and insurance|5,206|6,746|
|Supportcosts|32,725|29,315|
||E39,931|E38,961|
|Deficit/SurpIus for the Period|E167,894||