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|Reference and Administrative|Reference and Administrative|Details||
|---|---|---|---|
|Trustees' Report|||2to9|
|Independent
Auditors'|Report||10to 13|
|Statement ofFinancial|Activities||14to 15|
|Balance Sheet|||16|
|Notes to the Financial|Statements||17to 29|
||||The Poetry Archive|The Poetry Archive|The Poetry Archive|||
|---|---|---|---|---|---|---|---|
||||Reference and Administrative|||Details||
|Trustees|||Baroness Morris ofYardley|||||
||||Imtiaz Dharker|||||
||||Lucy Russon|||||
||||Robert William|Scatter - Chair||||
||||Amy Susanna|Walker||||
||||Lavinia Caroline Osborne Singer|||||
||||Stephen Cleary|||||
|Secretary|||Tracey Guiry|||||
|Charity Registration||Number|1093858|||||
|Company|Registration|Number|04336052|||||
||||The charity is incorporated||in|England|and Wales.|
|Registered|Office||Exeter Phoenix|||||
||||Gandy Street|||||
||||Exeter|||||
||||EX43LS|||||
|Auditor|||Thompson
Jenner LLP|||||
||||1 Colleton Crescent|||||
||||Exeter|||||
||||Devon|||||
||||EX24DG|||||
|Solicitors:|||Bates, Wells and Braithwaite|||LLP||
|Bankers|||HSBC Bank pic|||||
||||Triodos Bank|||||
||||CAF Bank Ltd|||||
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||||||Total|
|---|---|---|---|---|---|
||||Unrestricted|Restricted|2022|
|||Note||||
|income from:||||||
|Donations
and legacies|||9,575||9,575|
|Charitable
activities|||109,640|44,928|154,568|
|Investment
income|||74||74|
|Other income|||763|758|1,521|
|Total Income|||120,052|45,686|165,738|
|Expenditure
on:||||||
|Raising funds|||(29,204)|(6,312)|(35,516)|
|Charitable
activities|||(98,405)|(40,457)|(138,862)|
|Total Expenditure|||(127,609)|(46,769)|(174,378)|
|Net expenditure|||(7,557)|(1,083)|(8,640)|
|Net movement
in funds|||(7,557)|(1,083)|(8,640)|
|Reconciliation offunds||||||
|Total funds brought|forward||93,206|6,074|99,280|
|Total funds carried|forward|19|85,649|4,991|90,640|
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||||||Total|
|---|---|---|---|---|---|
||||Unrestricted||2021|
|Income from:||||||
|Donations
and legacies|||34,071||34,071|
|Charitable
activities|||110,076|11,400|121,476|
|investment
income|||35||35|
|Other income|||1,626|912|2,538|
|Total Income|||145,808|12,312|158,120|
|Expenditure
on:||||||
|Raising funds
Charitable
activities|||(29,010)
(96,)90)|~13,033)|(29,010)
(109,243)|
|Total Expenditure|||(125,200)|(13,053)|(138,253)|
|Net income/(expenditure)|||20,608|(741)|19,867|
|Net movement
in funds|||20,608|(741)|19,867|
|Reconciliation offunds||||||
|Total funds brought|forward||72,598|6,815|79,413|
|Total funds carried|forward|19|93,206|6,074|99,280|
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|||Balance Sheet as at|31March 2022|||
|---|---|---|---|---|---|
|||||2022|2021|
||||Note|||
|Fixed assets||||||
|Intangible
assets|||14|10,608|2,016|
|Tangible assets|||15|1,678||
|||||12,286|2,016|
|Current
assets||||||
|Debtors|||16|1,704|4,670|
|Cash at bank|and in hand||17|113,419|104,335|
|||||115,123|109,005|
|Creditors: Amounts||falling due within one year|18|(36,769)|(11,741)|
|Net current|assets|||78,354|97,264|
|Net assets||||90,640|99,280|
|Funds ofthe|charity:|||||
|Restricted income funds||||||
|Restricted funds|||19|4,991|6,074|
|Unrestricted|income|funds||||
|Unrestricted|funds|||85,649|93,206|
|Total funds|||19|90,640|99,280|
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|3
Income|from donations||||
|---|---|---|---|---|
|||Unrestricted|||
|||funds|Total|Total|
|||General|2022|2021|
|Donations|and legacies;||||
|General|donations|613|613|5,439|
|Patrons||8,962|8,962|3,632|
|M Pigott|donation|||25,000|
|||9,575|9,575|34,071|
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|||||Total|Total|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|2022|2021|
|Arts Council England||108,576|43,678|152,254|108,576|
|Heritage Lottery Fund|||||8,400|
|Poetry by Heart||1,064||1,064||
|Poetry Screen Project|||||1,500|
|TSEliot|||1,250|1,250|3,000|
|2022 Income from charitable|activites|109,640|44,928|154,568|121,476|
|2021 Income from charitable|activites|110,076|11,400|121,476||
|5
Investment
income||||||
|||Unrestricted||||
|||funds|Total||Total|
|||General|2022||2021|
|Interest receivable
and similar|income;|||||
|Interest receivable on bank|deposits||74|74|35|
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|6
O|ther|income|||||
|---|---|---|---|---|---|---|
||||Unrestricted||||
||||||Total|Total|
||||General|Restricted|2022|2021|
|Fees|and|supplies|763|758|1,521|2,538|
|||||Total|Total|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|2022|2021|
|Direct costs||||||
|Cost ofrecordings||5,218|19,480|24,698|13,714|
|Cost ofwebsite||12,360||12,360|14,270|
|Subcontractor
costs||9,150|12,300|21,450|14,051|
|Grants payable|||6,250|6,250|6,250|
|Cost ofraising funds||29,204|6,312|35,516|29,010|
|Overheads||||||
|Rent and rates||2,403|1,793|4,196|4,285|
|Travelling
expenses||353|112|465|81|
|Training costs||750||750|2,257|
|Other oftice costs||245||245|757|
|Telephone
and computer||1,626|373|1,999|1,623|
|Bank charges and interest||336||345|445|
|Other staff costs||55,079||55,079|48,274|
|Professional
fees||8,433|140|8,573|7,771|
|Amortisation||1,008||1,008|1,008|
|General expenses||1,444||1,444|707|
|Total expenditure|2022|127,609|46,769|174,378|138,253|
|Total expenditure|2021|125,200|13,053|138,253||
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||||||Unrestricted|||
|---|---|---|---|---|---|---|---|
||||||funds|Total|Total|
||||||General|2022|2021|
|Audit fees||||||||
||Audit ofthe financial||statements||4,032|4,032|3,840|
||||||4,032|4,032|3,840|
|9|Net incoming/outgoing|||resources||||
|Net (outgoing)/incoming||||resources for the year include:||||
|||||||2022|2021|
|Audit fees||||||4,032|3,840|
|Amortisation||ofintangible||fixed assets||1,008|1,008|
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|The aggregate
payroll costs were as follows:|||
|---|---|---|
||2022|2021|
|Staffcosts during the year were:|||
|Wages and salaries|77,200|70,916|
|Social security costs|4,215|3,364|
|Pension costs|1,813|1,678|
||83,228|75,958|
|2022|2021|
|---|---|
|No|No|
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|12 Auditors'|remuneration|remuneration|||
|---|---|---|---|---|
||||2022|2021|
|Audit ofthe|financial|statements|4,032|3,840|
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|14 Intangible
fixed assets|||
|---|---|---|
||Website|Total|
|Cost|||
|At
1 April 2021|3,024|3,024|
|Additions|9,600|9,600|
|At 31 March 2022|12,624|12,624|
|Amortisation|||
|At 1 April 2021|1,008|1,008|
|Charge for the year|1,008|1,008|
|At 31 March 2022|2,016|2,016|
|Net book value|||
|At 31 March 2022|10,608|10,608|
|At 31 March 2021|2,016|2,016|
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|15 Tangible fixed assets|||
|---|---|---|
||Computer||
||equipment|Total|
|Cost|||
|Additions|1,678|1,678|
|At 31 March 2022|1,678|1,678|
|Depreciation|||
|At 31March 2022|||
|Net book value|||
|At 31March 2022|1,678|1,678|
|At 31 March 2021|1,678|1,678|
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|16 Debtors||||||
|---|---|---|---|---|---|
|||||2022|2021|
|Trade debtors||||133|150|
|Prepayments||||1,571|4,436|
|Accrued income|||||84|
|||||1,704|4,670|
|17 Cash and cash|equivalents|||||
|||||2022|2021|
|Cash at bank||||113,419|104,335|
|18 Creditors: amounts||falling due within|one year|||
|||||2022|2021|
|Trade creditors||||3,659|1,366|
|Other taxation and|social|security||2,385|1,915|
|Other creditors||||733|619|
|Accruals||||8,060|7,841|
|Deferred income||||21,932||
|||||36,769|11,741|
|||||2022|2021|
|Resources deferred|in the period|||21,932||
|Deferred income at|year end|||21,932||
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|||||||||||Balance at|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Balance at 1|Incoming|Resources|||31March|
||||||April 2021|resources|expended||Transfers|2022|
|Unrestricted|funds||||||||||
|General|||||||||||
|General Funds|||||93,206|120,052||(117,001)|(36,616)|59,641|
|Designated|||||||||||
|Website depreciation||||fund||||(1,008)|11,616|10,608|
|M Pigott fund||||||||(9,600)|25,000|15,400|
|||||||||(10,608)|36,616|26,008|
|Total unrestricted|||funds||93,206|120,052||(127,609)||85,649|
|Restricted funds|||||||||||
|Obsidian|(ACE)|||||43,678||(44,252)||(574)|
|TSEliot|||||5,224|1,250||(1,375)||5,099|
|Poetry by|Heart||||850|758||(1,142)||466|
|Total restricted||funds|||6,074|45,686||(46,769)||4,991|
|Total funds|||||99,280|165,738||(174,378)||90,640|
||||||Balance at 1||Incoming|Resources||Balance at31|
||||||April|2020|resources|expended||March 2021|
|Unrestricted|funds||||||||||
|General|||||||||||
|General Funds||||||72,598|145,808||(125,200)|93,206|
|Restricted|||||||||||
|Garfield Weston|||Foundation|||3,305|||(3,305)||
|TSEliot||||||3,000|3,000||(776)|5,224|
|Heritage Lottery|||Fund||||8,400||(8,400)||
|Poetry by|Heart|||||510|912||(572)|850|
|Total restricted||funds||||6,815|12,312||(13,053)|6,074|
|Total funds||||||79,413|158,120||(138,253)|99,280|
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|20 Anal|y|sis ofnet assets betw|een
funds||||
|---|---|---|---|---|---|---|
|||||||Total funds|
||||Unrestricted|||at 31March|
||||funds|Designated|Restricted|2022|
|||||||f,|
|Intangible||fixed assets||10,608||10,608|
|Tangible||fixed assets|1,678|||1,678|
|Current|assets||94,158|15,400|5,565|115,123|
|Current|liabilities||(36,195)||(574)|(36,769)|
|Total net||assets|59,641|26,008|4,991|90,640|
|||||||Total funds|
||||Unrestricted|||at 31March|
||||funds|Designated
f|Restricted|2021f|
|Intangible||fixed assets|2,016|||2,016|
|Current|assets||102,931||6,074|109,005|
|Current|liabilities||(11,741)|||(11,741)|
|Total net||assets|93,206||6,074|99,280|
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