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|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||||
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|||||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|
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|||||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|
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||||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|
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|||||||||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|
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|||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|14,255|
|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|||
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##
|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|
##
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##
|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|