OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

Page
Report ofthe Trustees 1 to 5
independent
ExamineCs Report
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement 10
Notes to the Financial Statements 11 to 18
Detailed Statement of Financial Activities 19 to 20

31.3.23 31.3.22
Unrestricted Restricted Total Total
funds
Notes		 Designated
F		 funds fundsf funds
F
INCOME AND
ENDOWMENTS
FROIN
Donations and legacies 2 295,516 295,516 391,612
Charitable activities
Production/project costs 4,375 4,375 23,576
Other trading activities 2,000
Investment
income		 957 957 39
Total 300,848 300846 417227
EXPENDITURE ON
Charitable activltIes
Production/project costs 220,638 15,879 236,517 503,000
Other 72 130 3,354 75484 65,869
Total 292,768 19233 312001 5M 869
NET
INCOME/(EXPENDITURE) 8,080 (19,233) (11,153) (151,642)
Transfers between funds 16 ~28, 129 28,129
Net movement
In		 funds (20,049) 8,896 (11,153) (151,642)
RECONCILIATION OF
FUNDS
Total funds brought forward 89,003 150,463 239,466 391,108
TOTAL FUNDS CARRIED
FORWARD 68,954 159.359 228313 239,466
formerl
The Robert P citti Com		 n
Balance s ee
31 March
023
31.323 31,3.22
Notes
FIXEDASSETS
Tangible assets 12 3,772
CURRENT ASSETS
Debtors 13 15,172 23,458
Cash at bank and in hand 225185 230.950
240,357 254,408
CREDITORS
Amounts
falling due within one year		 14 (17491) (18714)
NET CURRENTASSETS 222,866 235894
TOTAL ASSETSLESSCURRENT
LiABILITIES 228,313 239,466
NET ASSETS 228 3'13 23948!!
FUNDS
Unrestricted
funds		 228313 2394M
TOTAL FUNDS 228313 239466
SPILL Festival
Ltd
formerl
The Robert Pacitti Com an
Cash flow sa emen
for the Year Ended 31 March 2023
31.3.23 31.3.22
Notes
Cash flows from operating activities
Cash generated
from operations		 2007 148401
Net cash used in operating activities ~2007) 148401
Cash flows from investing activities
Purchase oftangible fixed assets
Sale oftangible fixed assets		 (3,758) ~7919
Net cash used in investing
activities		 ~3,758) ~1919)
Change in cash and cash equivalents
in the reporting
period		 (5,765) (150,320)
Cash and cash equivalents atthe
beginning
ofthe reporting		 period 230950 391270
Cash and cash equivalents atthe end
ofthe reporting
period		 230,950

l
The Robert Pacitti Com an
to the ca
ow
ternen
Year Ended 3
March 2023		 l
The Robert Pacitti Com an
to the ca
ow
ternen
Year Ended 3
March 2023
RECONCILIATION
OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING
ACTIVITIES
31.3.23 31.3.22
Net expenditure
forthe reporting		 period (as per the Statement
ofFinancial Acttvltles) (11„153). (151,642)
Adjustments
for:
Depreciation charges 2,083 1,312
Loss on disposai offixed assets 2,299
Decrease/(increase)
in debtors
(Decrease)iincrease
in creditors		 8,288
~1223		 (12,120)
11750
Net cash used In operations ~2007 ~148401)
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.22 Cash flow At31.3,23
E
Net cash
Cash at bank and in hand 230950 ~5765 225185
230950 ~5765 228 185
Total 230,950 ~5,785 225 185

STAFF COSTS
31.3;23 31.3.22
Wages and salaiies
Other pension costs		 232,384
6030		 258,453
673S
23S414 266 192
The average
monthly
number of		 employees during the year was as follows:
31.3.23 31.3.22
Support 2 3
Production/project 4 3
No employees
received emoluments		 in excess ofF60,000.
COIIPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds Designated funds funds
F F
INCOIIE AND ENDOWMENTS FROM
Donations
and legacies		 391,612 391,612
Charitable
activities
Production/project
costs		 23,576 23,576
Other trading activities 2,000 2,000
investment
Income		 39 39
417227 417227
EXPENDITURE ON
Charitable
activities
Production/project
costs		 228,310 190,8QO 83,890 503,0QO
Other 63,665 2 204 85869
Total 291 976 193004 S3890 668669
NET INCONIE/(EXPENDITURE) 125;252 (193,004) (83,890) (151,642)
Transfers between funds
, Net movement
in funds		 44,003 (11'I,755) (83,890) (1517642)
RECONCILIATION
OF FUNDS
Total funds brought fonltard 45,000 262,218 83,890 391,108
TOTAL FUNDS CARRIED FORWARD 89003 160463 — 239468

12. TANGIBLE FIXEDA SS ETS
Fixtures
and
fittings
E
Cost
At 1 April 2022 10,421
Additions 3,758
At 31 March 2023 ~14179
Depreciation
At 1 April 2022		 6,649
Charge for year 2083
At 31 March 2023 ~8732
Net book value
At 31 March 2023 5447
At 31 March 2022 ~3772
13. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
F E
Trade debtors 913
Other debtors 1,692 17,938
Prepayments
and accrued income		 ~13480 4,607
15,172 ~23 458
14. CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
31.3.23 31.3.22
F E
Trade creditors 8,560 11,552
Social security and other taxes
Accruals and deferred
income		 5,500
3431		 5,651
~1511
17491 18714
15. ANALYSIS OF NETASSETSBETWEEN FUNDS
31.3.23 31.3.22
Unrestricted Restricted Total Total
funds Designated funds funds funds
E
Fixed assets 5,447 5,447 3,772
Current assets 80,998 159,359 240,'357 254,408
Current
liabilities		 ~17491 ~17491) ~18,714
68954 159359 228313 239,466

IIIOVEIIEN T IN FUNDS
Net Transfers
moverh ant between
At 1.4.22 in funds funds At31.3.23
Unrestricted funds
General
fund
Overheads
reserve		 44,003
45,000		 8,080 (28,129) 23,954
45,'000
Designated:
Designated:		 Archiving
SPILL2023		 50,463
1DO ODO		 (15,354)
~3879		 28129 35,109
124250
11,153 228313
TOTAL FUNDS 239466 ~11153 225313
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 300,848 (292,768) 8,080
Designated:
Designated:		 Archiving
SPILL2023		 (15,354)
~3,879		 (15,354)
~38797
300,84S ~812 OD1 11,153
TOTAL FUNDS 3DO848 ~312 001 11,153

Comparstlve s
for movement
in fun		 ds
Net Transfers
movement between
At 1.4,21 in funds funds At 31.3.22
Unrestricted funds
General fund 125,252 (81,249) 44,003
Overheads reserve 45,000 45,000
Designated: Archiving 48,487 (11,204) 13,180 50,463
Designated: SPILL2023 213731 ~I81800 88069 1DO 000
307,218 (67,752) 239,466
Restricted funds
ACE Ambition for Excellence 83,890 (83,890)
TOTAL FUNDS 391108 151642 239486

Comparative
net movemen		 t
in funds,		 included
in the above are as follow		 included
in the above are as follow		 s:
Incoming Resources Movement
resources
F		 expended
F.		 in fundsf
Unrestricted
funds
General fund 417,227 (2914975) 125,252
Designated:
Archiving		 {11,204) (11,204)
Designated:
SPILL2023		 ~187800 ~181,800
417,227 (484,979) (67,752)
Restricted funds
ACE Ambition
for Excellence		 (83,890) (83,890)
TOTAL FUNDS 417227 ~568.869 ~151 1!42)
A current year 12months and prior year 12months combined position isas follows:
Net Transfers
movement between
At 1.4.21 in funds funds At 31.3.23
F
Unrestricted
funds
General fund 133,332 (109,378) 23,954
Overheads
reserve		 45,000 45,000
Designated:
Archiving		 48,487 (26,558) 13,180 35,109
Designated: SPILL2023 213731 ~785679 96198 124,250
307,218 (78,905) 228,313
Restricted funds
ACE Ambition
for Excellence		 83,890 (83,890)
TOTAL FUNDS 3911M 162795 228313

above are as

follows:
Incoming Resources Movement
resources expended in funds
F
Unrestricted funds
General fund 718,075 (584,743) 133.332
' Designated:
Designated:		 Archiving
SPILL2023		 (26,558)
~185.679		 (26,558)
~185679
718,075 (796,980) {78,905)
Restricted funds
ACE Ambition
for Excellence		 (83,890) (83,890)
TOTAL FUNDS 718075 f880.87D) 162,795

for the Year En d ed 31 March 2023
31.3.23 31,3.22
F
INCOINE AND ENDOWMENTS
Donations and legacies
Donations 68 3,327
Grants 295448 388285
295,516 391,612
Other trading activities
Sponsorships 2,000
Investment
income
Interest received 39
Charitable activities
Theatre Income 4 375 23576
Total incoming resources 300,648 41?,227
EXPENDITURE
Charitable activities
Wages 159,986 196,313
Pensions 6,030 6,739
Production costs 19,974 232,138
Advertising 6MI 28272
192,851 463,462
Support costs
Ilanagement
Insurance 1,595 1,695
Ipswich rent &service charge 13,084 13,180
Telephone/internet 977 1,101
Technical/IT
equipment		 and maintenance 7,433 4,084
Depreciation
oftangible		 and heritage
assets 2,083 1,312
Loss on sale oftangible fixed assets 2299
25,172 23,671
Administration costs
Salaries/social security costs fees 72,398 62,140
Training 5,614 2,397
Travel/transport 2,707 4,149
Subscriptions/lice ness 2,773 3,110
Rectuitment 599 1,741
Printing/postage/stationery 420 950
Carried forward 84,511 74,487

Detailed statement offi ancial Detailed statement offi ancial ctiv't'es
for the Year Ended 31 March 2023
31.3.23 31.3.22
Administration costs
Brought forward 84,611 74,487
Sundries 2,748 2,149
Legal fees 1,800
Archiving 3351 2,204
92,411 78,840
Professional Iflnancial
Bank charges
Governance costs
independent
examination		 1380 2205
Total resources expended 312,001 568868
Net expenditure ~11.153) ~151642