| Unrestricted | Restricted | Total Funds | Total Funds | |||||
|---|---|---|---|---|---|---|---|---|
| Note | Funds | Funds | 2022 | 2021 | ||||
| E | E | E | ||||||
| Income: | ||||||||
| Donations and legacies |
763 | 763 | 5,407 | |||||
| Income from charitable | activities: | |||||||
| Exhibition income |
40,146 | 40,146 | 9,070 | |||||
| Income from other trading | activities: | |||||||
| Membership fees |
20,961 | 20,961 | 7,122 | |||||
| Investment income |
||||||||
| Total income | 61,871 | 61,871 | 21,601 | |||||
| Expenditure | ||||||||
| Expenditure on charitable |
activities: | |||||||
| Charitable expenditure |
47,451 | 47,451 | 22,247 | |||||
| Other | 250 | 250 | 250 | |||||
| Total expenditure | 47,701 | 47,701 | 22,497 | |||||
| Net income/(expenditure) | and net | |||||||
| movement in funds for the |
year | 14,170 | 14,170 | -896 | ||||
| Reconciliation offunds | ||||||||
| Total Funds brought forward | 8,910 | 8,910 | 9,806 | |||||
| Total funds carried forward | 23,080 | 23,080 | 8,910 |
| Note | 2022 | 2021 | |
|---|---|---|---|
| f | f | ||
| Fixed assets | |||
| Tangible assets | |||
| Total Fixed Assets | |||
| Current assets | |||
| Debtors | 0 | 383 | |
| Cash at bank and in hand | 23,330 | 8,777 | |
| Total Current Assets | 23,330 | 9,160 | |
| Liabilities | |||
| Creditors falling due within one year | (250} | (250) | |
| Net Current assets | 23,080 | 8,910 | |
| Net assets | 23,080 | 8,910 | |
| The funds ofthe charity: | |||
| Unrestricted income funds |
12 | 23,080 | 8,910 |
| Total charity funds | 23,080 | 8,910 |
| Note | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|
| Cash used | in operating | activities | 14,553 | (1,279) | |||
| Cash flows | from investing | activities | |||||
| Purchase of Equipment | |||||||
| Cash provided by (used in) |
investing | ||||||
| activities | |||||||
| Cash flows | from financing | activities | |||||
| Cash used | in financing | activities | |||||
| Increase (decrease) in |
cash | and cash | |||||
| equivalents | in the year | 14,553 | (1,279) | ||||
| Cash and cash equivalents | at the | ||||||
| beginning | ofthe year | 8,777 | 10,056 | ||||
| Total cash | and cash equivalents | atthe | |||||
| end ofthe | year | 23,330 | $,777 |
| Analysis of | expenditure | on charitable | activities | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Charitable | activities | f | |||
| Artists' and | exhibition fees | 27,978 | 13,895 | ||
| Administration costs |
10,520 | 6,972 | |||
| Office expenses | 3,910 | 1,105 | |||
| Charity Donations | 5,000 | 250 | |||
| Bank charges | 43 | 25 | |||
| Total | 47,451 | 22,247 | |||
| 2022 | 2021 | ||||
| Other | f | ||||
| Independent | examiner's | fees | 250 | 250 |
| Tangible fixed assets | |
|---|---|
| Total | |
| 6 | |
| Cost: | |
| As at 1April 2021 | 553 |
| Additons | |
| As at 31March 2022 | 553 |
| Depreciation: | |
| As at 1April 2021 | 553 |
| Charge for the year | 0 |
| As at 31March 2022 | 553 |
| Net book value | |
| As at 1stApril 2021 | |
| As at 31stMarch 2022 |
| 2022 | 2021 | |
|---|---|---|
| f | f | |
| Net movement in funds |
14,170 | (896) |
| Add back depreciation charge |
0 | 0 |
| Deduct interest income shown | ||
| in investing activities |
||
| Decrease (increase) in stock |
||
| Decrease (increase) in debtors |
383 | (383) |
| Increase (decrease) in creditors |
||
| Net cash used in operating activities |
14,553 | (1,279) |
| Income | 2022 | 2021 | |
|---|---|---|---|
| Event Income | 40,146 | 9,070 | |
| Friends Donations | 763 | 5,407 | |
| SWAC Membership | Fees | 20,961 | 7,122 |
| Other Income | 0 | 0 | |
| 61,870 | 21,599 | ||
| Other Income | |||
| Bank Interest Received | |||
| Total Income | 61,871 | 21,601 | |
| Expenses | |||
| Artists Payments | 17,157 | 1,380 | |
| Exhibition Costs | 10,821 | 12,516 | |
| Administrator Costs |
10,520 | 6,972 | |
| Office Expenses | 3,910 | 1,105 | |
| Charity Donations | 5,000 | 250 | |
| Auditor/accountant | 250 | 250 | |
| Bank Charges | 43 | 25 | |
| Total Expenditure | 47,701 | 22,497 | |
| Net Surplus/(Deficit) | 14,170 | (896) |