2023-03-31-accounts - Feltham Arts Association Limited

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e unrestrict	ed reserves ofthe charity are summarised as follows;-
f75,000	Towards eight months contractual commitments redundancy in the event ofoperational difficulties.	and	operational/staff		costs	and
K6,000	Designated reserves to cover core costs for 2022-2023 the coming year.	to	meet shortfall	in	funding	over
F29,948	Tobe allocated to cover late/delayed reserved income.
K110,948	Total balance in unrestricted reserves

		Year	ended 31March	2023
		Unrestricted	Restricted
	Notes	Funds	Funds	Total	2022
INCOME FROM:
Donations and legacies
Other voluntary income			158,659	158,659	133,503
Charitable activities		10,675		10,675	7,471
Investment income - interest
TOTAL INCOME		10,675	158,659	169,334	140,974
EXPENDITURE ON:
Charitable activities			199,479	199,479	123,671
TOTAL EXPENDITURE			199,479	199,479	123,671
Net income/(expenditure)		10,675	(40,820)	(30,145)	17,303
Gross transfers between funds
Net movement in funds		10,675	(40,820)	(30,145)	17,303
RECONCILIATION OF FUNDS
Total funds brought forward		100,273	120,436	220,709	203,406
TOTAL FUNDS CARRIED FORWARD	10/11	110,948	79,616	190,564	220,709

				2023	2022
			Notes
CURRENT ASSETS
Debtors				360	400
Cash at bank and	in hand			193,038	223,521
CREDITORS				193,398	223,921
Amounts falling	clue within	one year	8	2,834	3,212
NL&T CURRENT ASSETS			15	190,564	220,709
TOTAL ASSETS LESSCURRENT			LIABILITIES	190,564	220,709
RESERVES
Unrestricted funds Restricted funds			10 11	110,948 79,616	100,273 120,436
				190,564	220,709

2.TOTAL IN	COME						Restricted
						Restricted	Cultural
						C	~dY ii	U	tits
						Activitt	P~ro'ects		Funds	Total	2022
							f			K
Other voluntary	incoming resources
Grants:
London Borough	ofHounslow	(Community		Grant)							6,975
London Borough	ofHounslow	(Response Fund: Recovery Round 3)									10,752
London Borough	ofHounslow	(Feltham Green Mosiac)					9,900			9,900	20,000
London Borough	ofHounslow	(Winter	Night Carnival 2022)				2,500			2,500
Job rentention scheme											7,331
London Borough	ofHounslow	(We Are Hounslow			-2022/23)		37,500			37,500	37,500
London Borough	ofHounslow	Thriving	Communities Fund 2022-23				19,344			19,344	12,325
Sundry donations							135			135	120
Destination Events							1,000			1,000
Summer ofCulture							3,340			3,340
National Lottery	Reaching Communities		Fund (2parts)			47,716	28,284			76,000	38,000
Inspire Hounslow							1,500			1,500
Reach Foundation	—Feltham Station Mural			Project			6,690			6,690
South Western Railway's Station Adoption				Fund			750			750	500
Total donations	and legacies					47,716	110,943			158,659	133,503
Incoming resources from charitable			activities
Income &om services									10,275	10,275	6,863
project income									400	400	608
Total resources	from charitable activities								10,675	10,675	7,471
Total incoming resources						47,716	110,943		10,675	169,334	140,974

						Restricted	Restricted
					Restricted	Cultural
					Core	~dT	l i	U	t i t d
					Activite	~Pro'ects			Funds	Total	2022
					f		f		f		f
Activities directly	related to the work ofthe charity
Sessional staff							2,160			2,160	1,656
Printing and publicity							2,738			2,738	1,646
Venue/equipment	hire						9,998			9,998	3,512
Workshop leaders							89,977			89,977	37,416
Project expenses							12,919			12,919	13,045
Donations
						117,792				117,792	57,275
Support costs - see note			4
Programme Manager's		salary			12,719		19,981			32,700	26,474
Programme Development			Manager's	salary	12,929					12,929	22,815
Part-time staff salaries					9,000		10,631			19,631	4,599
Pension costs					1,586		1,000			2,586	2,257
Payroll costs					619		70			689	541
Marketing							1,400			1,400
Staff training							548			548	4,082
Stationery and administration					300		865			1,165	556
Insurance					673					673	672
Computer running	expenses				544					544	378
Bank charges					188					188	150
Transport and travel							415			415	75
Professional fees					3,850					3,850
Bookkeeping					1,200					1,200	1,200
Repairs and maintainence											119
PPL licence					500					500	18
Planet Office											300
Staff entertaining					189					189
Mayors Charity appeal							40			40
Accountancy					2,440					2,440	2,160
					46,737		34,950			81,687	66,396
Total cost ofcharitable			activities		46,737	152,742				199,479	123,671

					Town			Special				Basis of
			Schools f,	Adults f	Centre f	Festival f	Outreach f	Projects f	Core	Reserves	Total	allocation
Staffcosts			200	4,000	3,000	21,000	1,000	3,000	37,806		70,006	Usage
Office expenses and insurance Legal, professional 4 accounting			50	500	500	1,000	500	200	5,391 3,540		8,141 3,540	Usage Usage
			250	4,500	3,500	22,000	1,500	3,200	46,737	-	81,687
Resources expended		include
								2023			2022f
Independent	examination							1,350			1,200
Accountancy	services							1,090			960
								2,440			2,160

DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
	2023	2022
Trade debtors	360	400
	360	400
CREDITORS: AMOUNTS FALLING DUK WITHIN ONE YEAR
	2023	2022
Social security and other taxes	734	1,212
Accruals and deferred income	2,100	2,000
	2,834	3,212

UNRESTRICTE	D FUNDS
		At	Incoming	Outgoing	At
		1/4/22	Resources	Resources	31/3/23
General Funds		100,273	10,675		110,948
Transfer to Restricted Funds
Total Unrestricted	Funds	100,273	10,675		110,948

2023	2022
Nos	Nos