| Trustees | Kristofor Darby | |||||
|---|---|---|---|---|---|---|
| Harmeet Chagger-Khan |
||||||
| Jennifer Soltau | ||||||
| DrAWoolner | ||||||
| LWalcott-Burton | (Appointed | 21 September 2022) | ||||
| Mrs M Jones | (Appointed | 21 September 2022) | ||||
| Dr H E Phllips | (Appointed | 21 September 2022) | ||||
| Artistic Director (CEO) | Paul Sutton | |||||
| Secretary | Sophia Parker | |||||
| Charity number | 1085653 | |||||
| Company | number | 02878790 | ||||
| Registered | oNce | 5 Deansway | ||||
| Worcester | ||||||
| Worcestershire | ||||||
| WR1 2JG | ||||||
| Independent | examiner | Kendall Wadley LLP | ||||
| Granta Lodge | ||||||
| 71 Graham Road |
||||||
| Malvern | ||||||
| Worcestershire | ||||||
| WR142JS | ||||||
| Bankers | National Westminster |
Bank Pic | ||||
| 1 The Cross | ||||||
| Worcester | ||||||
| WR1 3PR | ||||||
| HSBC Bank PLC | ||||||
| 6 Broad Street | ||||||
| Worcester | ||||||
| WR1 2EJ |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2023 | 2022 | ||||
| Notes | |||||
| Income from: | |||||
| Donations and |
legacies | 3,186 | 3,032 | ||
| Charitable activities |
268,503 | 268,813 | |||
| Investments | 9 | ||||
| Total Income | 271,698 | 271,845 | |||
| Charitable activities |
271,682 | 257,151 | |||
| Net Income for the year/ | |||||
| Net incoming | resources | 16 | 14,694 | ||
| Other recognised | gains and losses | ||||
| Other gains or | losses | 1,945 | (342) | ||
| Net movement | In funds | 1,961 | 14,352 | ||
| Fund balances | at 1 April 2022 | 114,810 | 100,458 | ||
| Fund balances | at | 31 March 2023 | 116,771 | 114,810 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | |||||||
| Fixed assets | |||||||
| Tangible assets | 14,735 | 19,015 | |||||
| Current assets | |||||||
| Debtors | 12 | 62,438 | 35,795 | ||||
| Cash at bank | and in | hand | 53,398 | 80,866 | |||
| 115,836 | 116,661 | ||||||
| Creditors: amounts | falling due within | ||||||
| one year | 13 | (13,800) | (20,866) | ||||
| Net current assets | 102,036 | 95,795 | |||||
| Total assets | less current liabilities | 116,771 | 114,810 | ||||
| Income funds | |||||||
| Unrestricted | funds | 116,771 | 114,810 | ||||
| 116,771 | 114,810 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2023 | 2022 | |||
| f. | ||||
| Donations | and | gifts | 5 | |
| .Government | grants | 3,181 | 3,032 | |
| 3,186 | 3,032 | |||
| Grants receivable for core activities | ||||
| West Midlands | DWP - Kickstart | 3,181 | 3,032 | |
| 3,181 | 3,032 |
| 2023 | 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| '2 | |||||||||
| Income generated from, |
and | grants | within, | charitable | activities | 268,503 | 268,813 | ||
| Grants received | |||||||||
| Arts Council England - National | Porffolio | 72,696 | 72,696 | ||||||
| Worcester City Council | 17,684 | 5,000 | |||||||
| Bransford Trust | 15,000 | ||||||||
| Creative Alliance | 250 | ||||||||
| Worcestershire County |
Council | 8,179 | |||||||
| Arts Council England - National | Lottery Project Grants | 44,946 | 44,829 | ||||||
| West Midlands International |
Trade | 5,940 | |||||||
| The National Foundation |
for | Youth | Music | 10,875 | |||||
| 152,141 | 145,954 | ||||||||
| 5 | Investments |
| Unrestricted | Total |
|---|---|
| funds | |
| 2023 | 2022 |
| F. | F |
| 2023 | 2022 | ||
|---|---|---|---|
| Staff costs | 121,108 | 114,681 | |
| Depreciation and impairment |
8,967 | 5,833 | |
| Production costs |
32,115 | 56,521 | |
| Staff training | 521 | 702 | |
| Marketing | 15,894 | 10,201 | |
| Conferences | 530 | 152 | |
| Travelling and motor |
expenses | 32,246 | 12,073 |
| Meeting costs | 2,343 | 2,197 | |
| Ofl | ce costs | 15,722 | |
| Insurance | 1,689 | 1,626 | |
| Subscriptions | 1,021 | 1,444 | |
| Office rent | 5,313 | 5,117 | |
| Bank charges | 509 | 395 | |
| Freelance project workers | 7,331 | 7,589 | |
| 245,309 | 232,786 | ||
| Share ofgovernance | costs (see note 8) | 26,373 | 24,365 |
| 271,682 | 257,151 |
| Governance | 2023 | 2022 | Basis ofallocation | Basis ofallocation | ||||
|---|---|---|---|---|---|---|---|---|
| costs | ||||||||
| Staff costs | 21,926 | 21,926 | 20,872 | Charitable | activity | |||
| Legal and | professional | fees | 1,746 | 1,746 | 1,105 | Governance | ||
| Independent | examiners | fees | 2,518 | 2,518 | 2,388 | Governance | ||
| Board meeting expenses | Governance | |||||||
| 183 | 183 | |||||||
| 26,373 | 26,373 | 24,365 | ||||||
| Analysed | between | |||||||
| Charitable | activities | 26,373 | 26,373 | 24,365 |
| The average |
monthly numbe |
r ofemployees during the year w |
as: | |
|---|---|---|---|---|
| 2023 | 2022 | |||
| Number | Number | |||
| Management | and charitable | activities | ||
| Administration | ||||
| Employment | costs | 2023 | 2022 | |
| E | ||||
| Wages and salaries | 126,743 | 120,219 | ||
| Social security | costs | 8,751 | 8,378 | |
| Other pension | costs | 7,540 | 6,956 | |
| 143,034 | 135,553 |
| Tangible fix | ed assets | ||||
|---|---|---|---|---|---|
| Fixtures, INotor | vehicles | Total | |||
| fittings & |
|||||
| equipment | |||||
| Cost | |||||
| At 1 April 2022 | 87,233 | 23,980 | 111,213 | ||
| Additions | 4,687 | 4,687 | |||
| At 31 March | 2023 | 91,920 | 23,980 | 115,900 | |
| Depreciation | and Impairment | ||||
| At 1 April 2022 | 68,218 | 23,980 | 92,198 | ||
| Depreciation | charged | in the year | 8,967 | 8,967 | |
| At 31 March | 2023 | 77,185 | 23,980 | 101,165 | |
| Carrying amount |
|||||
| At 31 March | 2023 | 14,735 | 14,735 | ||
| At 31 March | 2022 | 19,015 | 19,015 |
| 12 | Debtors | |||||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||
| Amounts | falling due | within one year: | ||||||
| Trade debtors | 58,861 | 34,250 | ||||||
| Prepayments | and accrued income | 3,577 | 1,545 | |||||
| 62,438 | 35,795 | |||||||
| 13 | Creditors: amounts | falling due within one year | ||||||
| 2023 | 2022 | |||||||
| f. | ||||||||
| Other taxation | and social security | 3,504 | 3,401 | |||||
| Trade creditors | 12,123 | |||||||
| Accruals | and | deferred | income | 10,296 | 5,342 | |||
| 13,800 | 20,866 | |||||||
| 14 | Analysis | of net assets between funds | ||||||
| Unrestricted | Unrestricted | |||||||
| funds | funds | |||||||
| 2023 | 2022 | |||||||
| f. | F | |||||||
| Fund balances | at 31 | March 2023 are represented | by: | |||||
| Tangible | assets | 14,735 | 19,015 | |||||
| Current | assets/(liabilities) | 102,036 | 95,795 | |||||
| 116,771 | 114,810 |