WRITING ON THE WALL LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 318' MARCH 2022
Company Registration No 04675589 Charity Registration No. 1098868
WRITING ON THE WALL LIMITED TRUSTEES’ REPORT FOR THE YEAR ENDED 315" MARCH 2022
The trustees are pleased to present their annual report for the year ended 31°' March 2022.
The financial statements have been prepared in accordance with the charity’s trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published (FRS 102) effective 1st January 2019.
OBJECTIVES AND ACTIVITIES
Writing on the Wall Limited (WoW) organises and promotes an annual programme of events that culminates in a Liverpool-based festival. The annual Writing on the Wail festival features local, national, and international writers, artists, historians, and musicians who engage local communities and broader audiences to celebrate writing, diversity, tolerance, storytelling and humour through creativity, controversy, inquiry and debate. Writing on the Wall focuses on writing that empowers, where storytellers give and recaive strength through telling. Writing on the Wail promotes both individual and collective creativity.
Public Benefit Statement
In considering the objectives and activities, the Trustees have considered the Charity Commission's guidance on Public Benefit to ensure that the organisation is meeting its Public Benefit requirements.
ACHIEVEMENTS AND PERFORMANCE FOR THE YEAR & PLANS
The past year has been both challenging and rewarding for Writing on the Wall (WoVV), one in which we have dealt with the many issues posed by Covid, its impact on WoW and our wider community, but also one in which we have increased turnover, and expanded both the work and capacity of the organisation.
During the period, Writing on the Wall delivered our 21st annual festival "WoWFEST 21 Years of Radical Writing”, a celebration of all that we have achieved over the past two decades, and all we stand for now. We also delivered a Black History Month Festival in October 2021, coordinated the Liverpool 2021-22 Liverpool Year of Writing, and organised numerous projects across the Liverpool City Region, working with local communities to gather and publish their stories. We were also involved in a range of partnerships, including international working with artists and organisations in Germany, Myanmar, Lebanon, and The Gambia. We also continued our extensive programme of publishing, predominantly from our projects, but also including memoirs and other commissions from local writers.
Our work this year has been carried out against the difficult background presented by Covid, in the lockdown of 2020 and the opening up of early 2021. This led to numerous staffing issues, with virtually all staff having time off due to contracting Covid, which presented challenges in maintaining capacity to deliver our programmes. However, it is testament to the dedication of the Co-Directors, the leadership team, and all staff, that we have been able to maintain our delivery, including the two festivals, and expand our projects, with new commissions being developed during this period.
We were very proud to have a permanent display dedicated to our work unveiled as part of the newly refurbished and reopened Wondrous Place exhibition in the Museum of Liverpool, which featured an installation created by artist Faith Bebington. Wondrous Place celebrates the unique cultural aspects of Liverpool; music, theatre, television, and of course writing. It is fitting that this was opened in our 21st year, and we are grateful for the recognition for our work across the region since we were founded.
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WRITING ON THE WALL LIMITED TRUSTEES’ REPORT FOR THE YEAR ENDED 3157 MARCH 2022
Everyone at Writing on the Wall is immensely proud that Co-Director Madeline Heneghan has been selected to sit on the board of the Liverpool’s City Region’s Race Equality Hub.
"WoWFEST: 21 Years of Radical Writing", ran online throughout May 2021, with headliners including, film-maker Ken Loach; children’s author and poet, Michael Rosen; television presenter, Jon Snow; Maxine Hong-Kingston the Chinese American author and Professor at the University of California; singer, songwriter, Tracey Thorn; and crime fiction American novelist, Walter Moseley. Guests also included Lady Phyll, the British political activist and co-founder of UK Black Pride, together with Elif Shafak, a Turkish-British writer and women’s rights activist. We used a festival pass for the first time and raised approx. £9k in ticket sales. We had an audience of 3,061 audience (online). The feedback has been overwhelmingly positive, with 98% saying it was excellent or good. From monitoring, two thirds of the audience were female, 31% BRM and 29% LGBTQ+. Writing on the Wall’s annual Black History Month Festival events for October 2021 were particularly significant as we commemorated the 40th Anniversary of the 1981 Liverpool 8 Uprisings. Throughout the month, we held a series of events, online and in-person, to commemorate, celebrate and honour the rich and important history of Black artists from the city and around the country. Events included: What's Your Story - Gambia! Small Talk: Black USA Today — Professor Stephen Small, ‘Be Who You Can't See’ - An evening with Mayor Joanne Anderson, The Writers Bloc — Ashleigh Nugent, WoW Young Writer’s at Tate Liverpool — Blue Saint, Merseyside Somali Community — Xawo Kiin, Uprising’s ‘81: A Commemoration, Leila Hassan Howe — In Conversation with WoW Co-Director, Madeline Heneghan, round table with Laurence Hoo, Erina Bell, fem "Iffy” Onuora, Jimi Jagne, Madeline Heneghan, Franklin Dawson, hosted by Natalie Denny, Leroy Cooper, in conversation with Ngunan Amadu, Young Writers Perform! and Super Heroes: Diverse Stories for a Diverse World.
Our Black History Month Festival was supported by Liverpool City Council, Edge Hill Institute for Creative Enterprise and Tate Liverpool.
Our annual programme of projects continued with a range of partners across the Liverpool City Region, These are community-focused activities, which include workshops where participants develop their writing under the guidance of professional writers from a range of disciplines ~— prose, poetry, spoken word, scripts, screenplays and more. The vast majority of the work of participants is published in anthologies, with showcases held live and online to celebrate their achievements as we launch their books. Projects delivered include: Write to Work - Directions, PSS families - Wordplay, Next Chapter, Enterprise Hub, Write What's Next, The Writer's Bloc, WoW Young Writers, Super Heroes: Words are our Power, Merseysounds, Spoken Word Power, Pulp Idol, Different Voices —- Shared Lives, and we also began two What's Your Story? projects commissioned by Culture Liverpool around Covid Recovery with frontline workers and people who are vulnerable,
We also delivered two international projects - What's Your Story funded by the British Council with three international partners from Beirut, Gambia and Myanmar, and Cultural Bridge with Cologne based arts festival Sommerbiut, to deliver a hybrid digital and live WYS project looking at addiction and the issues surrounding it. In Liverpool, we are working with writer PU (Roy) and Damien John Kelly House — a recovery house for people suffering addiction. We are partners with Eastside Educational Trust delivering a project in schools called Spoken Word Power, delivered our annual Pulp Idol novel writing competition online and developed a new project with Liverpool City Region Libraries — Different Voices - Shared Lives, to work with diverse
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WRITING ON THE WALL LIMITED TRUSTEES’ REPORT FOR THE YEAR ENDED 315’ MARCH 2022
communities across the region to develop community and give them a voice through publishing their stories.
We were invited by architect Asif Khan to be a part of their winning bid for the redevelopment of Liverpool's iconic Canning Dock. This is a major three-year project, and WoW will act as community consultants to ensure that the voices, thoughts, and feelings of people from across the city are heard and acted upon as part of the design and construction process.
WoW, with Co-Director Mike Morris as Chair for the year, coordinated the Liverpool 2021-22 Year of Writing for Liverpool City Council, raising over £45,000 through Arts Council England, and delivered 240 activities, workshops, events and writing projects and coordinated 195 partner organisations, provided 8 commissions worth £13,500 for freelance artists to work with schools and community groups, awarded £500 in micro grants, developed two Writers’ Directories featuring Liverpool City Regional writers, ran a Writing Bus featuring writers, spoken word artists, editors and volunteers, over twelve days, visiting twelve communities in Liverpool, and held two live writers marketplaces at Liverpool Central Library. In total, there were 3,096 attendees at three Year of Writing dedicated events — not including partner events, with 154 children’s activity packs given out, 1,359 writing postcards distributed and completed by members of the public, 1,447 interactions with community-based Writing Prompt Books, offered 108 one-to-one free writing workshops with dedicated mentors and literary agents, and 62 author workshops. We reached 4.5m across the year on Culture Liverpool and Year of Writing social media platforms with 808,578 direct impressions and 9,025 engagements via Culture Liverpool social media and 345,659 direct impressions and 6,137 engagements on Liverpool Writes social media.
The online Writer's Bloc, funded by the Garfield Weston Foundation, has been a huge success to date. We employed nine professional freelance writers, who each delivered a three-week residency featuring masterclasses, writing prompts, open house sessions, one-to-one mentoring and support, and end of residency Bloc Social celebrations. Our writers - Manon Stefan Ros, Bidisha, Luke Barnes, Dominic Berry, Guleraana Mir, Toria Garbutt, Ashleigh Nugent, Caroline Smailes, and Roy - all come from diverse backgrounds and represent a variety of disciplines, including theatre, poetry, prose, writing for children, scriptwriting, spoken word, etc. We engaged volunteers who gained excellent experience through supporting our work on the Writers Bloc. We employed a Writing Development Manager to deliver the online Writer's Bloc, delivered 250 online workshops with 1,321 people taking part, with additional numbers through audiences for the Bloc Social Celebration events. Audience monitoring shows that 67.3 % of participants were female, 32.04% identified as being from black and racial minority communities, 21.3% were LGBTQI+, 40.9% had a disability. 90.3% rated the quality of the Writer's Bloc as excellent with 99.03% rating the quality of the Writer's Bloc as excellent or good.
Writing on the Wall are the most prolific publishers of the work of local communities and local authors in the Northwest of England. Our publishing has given many hundreds of people the opportunity to see their work in print and, through showcases, book launches and local and online sales, celebrate their work with friends, family and the wider public. It also provides a platform for their future success, with many going on to take part in our other courses and/or even sign publishing deals with mainstream and independent publishers. In 2021 we found out that former Pulp Idol finalist Pippa Holloway had signed a deal to have her debut novel, The Half Life of Snails published in May 2022.
This is a selection of the work published by Writing on the Wall in 2021:
« Littlewoods Pools Girls, Joan Boyce « A Radical Practice in Liverpool the 40-year rise, fall and rise of Princes Park Health Centre * The Spaces Between: Write to Work Book one from 2020 courses * Angels in the Mist, Angela Holden * Toxteth, The Thrill of it All, PM Russell » WYS:
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WRITING ON THE WALL LIMITED TRUSTEES’ REPORT FOR THE YEAR ENDED 315" MARCH 2022
Write Minds « WYS: It's Not OK * WYS: Time to Breathe + Superheroes Comics » PSS Book - Home « Humanise ° Write to Work: Turning the Tide » Write to Work: Life Lines » Diverse Stories for a Diverse World
The pandemic and lockdowns have impacted in many ways upon our own organisation. This includes staff turnover and wellbeing. Over the past year we have had staff moving on to new jobs, often because they are able to work from home now and live in different areas of the country. We have also had staff who have felt the impact of the lockdowns on their wellbeing. To address this, WoW have signed up to an Employment Wellbeing Provider, Health Assured, to offer a range of support services to staff, which can, if needed, include structured counselling. We have worked hard to increase our capacity. We entered 2021 employing 10 staff, and now employ 12. This includes a full-time archivist working on our Liverpool 8 Law Centre Archives, and a young person from Liverpool's Black community, as a trainee archivist.
As we continue to weather the difficult impacts of the lockdowns and pandemic and look ahead to competitive times for funding against an economic decline, we feel optimistic that we have sufficient resilience, energy, and ambition to continue expanding our work and our capacity to meet the challenges ahead,
- Feedback for our work includes:
‘We found WoW to be a very inclusive organisation. They helped encourage our residents to perform in front of an audience on two occasions, The main lesson that was learned via WoW is that art (writing) is for everyone, regardless of education or background and being part of this project has propelled them into continuing with writing on further WoW courses.’ PJ Writer and Coordinator at Damian John Kelly House ‘We have really enjoyed great online sessions via Zoom and videos during this Remote Learning time, full of engagement from our children who always really enjoy our sessions with WoW. The writing produced in your sessions is always creative and the children are able to explain each stage of their process.’ Charlotte Aucutt - Leamington Primary School ‘This fabulous journey has changed my thoughts on my work so much. | have more confidence in sharing my work and commenting on others' work. | have a greater understanding in what is required in different areas of the sector and the areas | want to pursue - which | now feel a bit more qualified to do so as | know what | need to develop. It's been brilliant - Thank youl’ Project Participant — Write to Work.
‘The organisation and management of this project has been exceptional.’ Project Participant — Write to Work.
‘| have never seen the children write like this.’ Teaching Assistant, Banks Road Primary Schoo! — Super Heroes Project
‘Pulp Idol has been an incredible experience. | had never shared my fiction with anyone before this competition and that was because ! didn’t have the confidence to do so, Pulp Idol has truly changed that for me and has allowed me to believe in myself and the stories that | write. It means the world to be published alongside some of the best writers in Liverpool.’ Lewis Jennings, Pulp Idol Runner Up, 2020.
‘Thank you for all of your help and support over the duration of the course, it has been one of the best experiences of my life finding Writing on the Wall. You are all worth your weight in gold for the support and guidance that you give people from this city. | am so sad it has come to an end.’ Project Participant, What's Your Story?
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WRITING ON THE WALL LIMITED TRUSTEES’ REPORT FOR THE YEAR ENDED 3157 MARCH 2022
‘This course has quite literally changed my life. It has been one of the best things | have ever done and to think that | found it by accident makes me think that it must have been meant to be. ! was at an extremely low point in my life when | found this course and | was terrified. However, the course changed all that. The tutors and the staff who run the course have been so personable and welcoming, inspiring, and encouraging that for the first time ever | have started to believe that my voice is important and has value. | have developed the confidence to speak in front of people and to show words that had been hidden away for many years. This course js invaluable and priceless.’ Angela Cheveau, Project Participant, Write to Work & The Writer's Bloc.
FINANCIAL REVIEW
Total income for the year was £694,334 (2021: £671,796) of which £321,667 (2021: £439,177) related to funding for projects upon which restrictions are placed.
Total expenditure for the year was £603,706 (2021: £435,735), leaving a surplus for the year of £90,628 (2021: surplus £236,061).
At 318 March 2022 the charitable company reserves stood at £460,212 (2021: £369,584) of which £85,301 (2021: £147,370) represented restricted funds.
Risk Management
The trustees examined the major risks that the charitable company faces each year and have developed and continue to develop systems to monitor and control these risks to mitigate any impact that they may have on the charity both now and in the future.
Writing on the Wall are currenly negotiating a new lease on their office premises, with the Landlords, Liverpool City Council.
Reserves Policy
It is the policy of the charitable company to maintain unrestricted funds, which are free reserves at a level to cover redundancy provision and allow the charity to continue to run its activities and provide services for a minimum of three months should there be a large variation in income. The trustees aspire to build the unrestricted reserves to ensure managed continuation of services during any period of unforeseen difficulty.
As at the end of the financial year the unrestricted funds totalled £374,911. The charitable company requires £28,398 for redundancy provision, £1,000 lease requirement and £59,201 for three months running costs, (total £88,599).
Of the unrestricted reserves, £13,071 has been designated for use in WoW’s ongoing Creative Heritage Projects, £126,927 for use in WoW’'s ongoing commissioned work. The remainder will contribute to additional staffing costs, the operating costs of WoW Festival and Black History Month and to build unrestricted free reserves.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The organisation is a charitable company limited by guarantee, incorporated on 24 February 2003 (Company number 04675589), and registered as a charity on 5'° August 2003 (Charity number 1098868).
The company was established under a Memorandum of Association which established the objects and powers of the company and is governed by its Articles of Association dated 20* February 2003. The Charity’s Board of Trustees are also its Directors. The members are elected by Annual General Meetings (AGM) of the members of the Charity, with casual vacancies being filled, as required, by the Board of Trustees in accordance with the Charity’s Articles of Association.
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WRITING ON THE WALL LIMITED TRUSTEES’ REPORT FOR THE YEAR ENDED 3157 MARCH 2022 a rn a a ee
The Board meets regularly throughout the year and attends to all strategic and operational matters
Trustee Recruitment:
The board will regularly identify skill gaps and recruit when to the Board, creating a person specification and role description.
Opportunities will be advertised through our mailing contact and various networks including Liverpool Charity and Voluntary Service, City of Liverpool College, and Merseyside Literature Partnership. Adverts will explicitly state that the board welcomes applications from underrepresented groups. The trustees may at any time co-opt any person duly qualified to be appointed as a trustee to fill a vacancy in their number or as an additional Trustee, but a coopted Trustee holds office only until the next AGM.
Equality and Diversity
In the planning and delivery of our activities, issues of inclusion, diversity, access, and equality are at the forefront of our thoughts. The organisation ensures that all venues used are accessible, that publicity is targeted at relevant groups where necessary, and that all aspects of the events are welcoming and inviting, and that where possible we offer ways to support people attending, including childcare, translation and BSL signing.
WoW was rated as Outstanding by Arts Council England for its diverse artistic programming in this period, programming that attracts and diverse audiences and participants.
Our festival evaluations are an indication of the success of our work in engaging ‘hard to reach’ communities and is a clear representation of how WoW is perceived as an inclusive, accessible organisation.
REFERENCE AND ADMINISTRATIVE DETAILS Name Writing on the Wall Limited Company number 04675589 Charity number 1098868 Registered office Windsor Street Library Windsor Street Liverpool L8 1XF
Board of Trustees The Board of Trustees who are also its directors. Members are elected by Annual General Meetings of the members of the council in accordance with the Articles of Association. Trustees P Amann
Dr S Borthwick R Donaldson P Feeny M Kennedy L McMullan E Onuora
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WRITING ON THE WALL LIMITED TRUSTEES’ REPORT FOR THE YEAR ENDED 315? MARCH 2022
Secretary Ms M Heneghan
Independent Examiner Paula Sanchez, ACCA clo LCVS 151 Dale Street, Liverpool, L2 2AH
Bankers Barclays Bank plc 48B & 50 Lord Street Liverpool L2 1TD
"te on behalf of the Board of Trustees Sty wee S$ Borthwick,Chair and Trustee Date
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WRITING ON THE WALL LIMITED STATEMENT OF TRUSTEES’ RESPONSIBILITIES
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the trustees should follow best practice and:
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e select suitable accounting policies and then apply them consistently. *® observe the methods and principle in the Charities SORP.
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¢ make judgements and estimates that are reasonable and prudent. * prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue as a going concern.
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e state whether applicable accounting standards have been followed, subject to any material departure disclosed and explained in the financial statements.
The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The financial statements have been prepared in accordance with the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published (FRS 102) (effective 1*t January 2019).
By Order of the Board
Ms M Heneghan Company Secretary
Windsor Street Library Windsor Street Liverpoo! L8 1XF c Date: AQ| Bp 2222...
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF WRITING ON THE WALL LIMITED
| report on the accounts of the charitable company for the year ended 31% March 2022, which are set out on pages 10 to 25
Respective The trustees (who are also the directors of the company for the responsibilities of purposes of company law) are responsible for the preparation of the trustees and examiner accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to:
- e« examine the accounts under section 145 of the 2011 Act, e to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act, and
e to state whether particular matters have come to my attention. My examination was carried out in accordance with general Directions given by the Charity Commission. An examination ; ; includes a review of the accounting records kept by the charity and a Basisof independent comparison of the accounts presented with those records, It also examiners report includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no Opinion is given as to whether the accounts present a ‘true and fair view, and the reportis limited to those matters set out in the statement below.
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In connection with my examination, no matter has come to my attention:
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Independent i, (1) which gives me reasonable cause to believe that in, any statement examiner's material respect, the requirements: * to keep accounting records .in accordance with section 386 of the Companies Act 2006; and
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¢ to prepare accounts which accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting Charities have not been met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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Name: Paula Sanchez CAN aye Relevant professional qualification or body: ACCA | Address: c/o LCVS
151, Dale Street, Liverpool, L2 2AH pate: Lath Orcermbe- Core
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WRITING ON THE WALL LIMITED STATEMENT OF FINANCIAL ACTIVITIES (including Income & Expenditure) THE YEAR ENDED 315? MARCH 2022
| Notes | Unrestricted | Restricted | |||
|---|---|---|---|---|---|
| Funds | Funds | Total | Total | ||
| 2022 | 2022 | 2022 | 2021 | ||
| Income and endowments from: |
£ | f | £ | e | |
| Donations and legacies | 3a | 78,684 | - | 78,684 | 150,122 |
| Charitable activities | 3b | 293,941 | 321,667 | 615,608 | 521,556 |
| investments | 3¢ | 42 | - | 42 | 118 |
| Total income | 372,667 | 321,667 | 694,334 | 671,796 | |
| Expenditure on: | |||||
| Charitable activities | 4 | 219,970 | 383,736 | 603,706 | 435,735 |
| Total expenditure | 219,970 | 383,736 | 603,706 | 435,735 | |
| Net income/(expenditure) movement in funds |
162,697 | (62,069) | 90,628 | 236,061 | |
| Reconciliation offunds: | |||||
| Total funds brought forward | 10,11 | 222,214 | 147,370 | 369,584 | 133,523 |
| Totalfundscarriedforward | 9-11 | 374,911 | 85,301 | 460,212 | 369,584 |
The notes on pages 13 to 25 form part of these accounts. All the above amounts relate to continuing activities of the charitable company.
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Company Reg No: 04675589
WRITING ON THE WALL LIMITED BALANCE SHEET AS AT 3157 MARCH 2022
| Notes | 31°* March | 2022 | 315t March | 2021 | |
|---|---|---|---|---|---|
| Fixed assets: | £ | £ | £ | £ | |
| Tangible fixed assets | 5 | 36,194 | 7,337 | ||
| Intangible fixed assets | 6 | 4,000 | 5,000 | ||
| 40,194 | 12,337 | ||||
| Current assets: | |||||
| Stock | 7 | 11,905 | 3,112 | ||
| Debtors | 8 | 30,931 | 7,152 | ||
| Cash balance | 389,247 | 355,235 | |||
| 432,083 | 365,499 | ||||
| Current liabilities: | |||||
| Creditors: amounts falling due within one year |
9 | (12,065) | (8,252) | ||
| Netcurrentassets | 420,018 | 357 247 | |||
| Total assets less current liabilities |
460,212 | 369,584 | |||
| Funds | |||||
| Unrestricted funds | 10,11 | 374,911 | 222,214 | ||
| Restricted income funds | 10, 12 | 85,301 | 147,370 | ||
| 460,212 | 369,584 |
These financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies’ regime and in accordance with FRS102 SORP.
For the period covered by these accounts the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The trustees, who are the directors of the company, acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
Approved by the Board on \a\ia\ 2h and signed on their behalf by:
S Borthwick, Chair and Trustee
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WRITING ON THE WALL LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 318" MARCH 2022
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Notes|315!|March|2022|31°'|March|2021|
|Cash|flows|from|£|£|£|£|
|operating|activities|
|Cash|(used)/generated|from|
|operations|16|73,260|279,039|
|Investing|activities|
|Purchase|of|intangible|fixed|
|assets|°|(-)|(5,000)|
|Purchase|of|tangible|fixed|
|assets|(39,248)|(5,117)|
|Proceeds|from|sale|of|
|equipment|”|;|
|Net|cash|(used|in)|
|investing|activities|(39,248)|(10,117)|
|Net|cash|generated|from|
|financing|[activities]|.|:|
|Net|increase|in|cash|and|
|cash|equlvalents|34,012|268,922|
|Cash|and|cash|equivalents|
|at|beginning|of year|355,235|86,313|
|Cash|and|cash|
|equivalents|at end of year|389,247|356,236|
|Represented|by:|
|31%|March|2022|315t|March|2021|
|£|£|£|£|
|Cash|at|bank and|in|hand|389,247|355,235|
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WRITING ON THE WALL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 318’ MARCH 2022
- LIMITED LIABILITY
The Charity is a company limited by guarantee. Each member's liability is limited to £1.
- ACCOUNTING POLICIES
Basis of Accounting
The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The financial statements have been prepared in accordance with the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published (FRS 102) effective 1% January 2019.
The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
Going concern
At the time of approving the accounts, the Trustees have a reasonable expectation that the charitable company has adequate reserves to continue in operational existence for the foreseeable future. The Trustees are confident that the levels of liquidity and free reserves will not affect the charity's operations. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.
Fund accounting
Unrestricted funds are the Charitable Company's free reserves available for the trustees to apply in accordance with the charitable company's charitable objectives.
Restricted funds are subject to specific restrictive conditions imposed by the donor. All restricted funds are accounted for as restricted income and expenditure for the purposes is charged to the fund.
Income recognition
Allincome is recognised once the charity has entitlement to the income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably.
Donations and legacies comprise of donations and general grants which are recognised in the accounts when received, with the exception of known legacies which are accounted for when their receipt is certain.
Income from charitable activities is recognised on an accruals basis except for grants receivable, which are recognised on the date on which their unconditional payment is confirmed by the donor.
Income from investment relates to bank interest received and is recognised when the amount is certain.
Expenditure recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charitable company to that expenditure, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accrual basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activities. Support and governance costs are
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WRITING ON THE WALL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2022
applied to unrestricted funds unless specifically included in the restrictions, as specified by the donor.
Expenditure on charitable activities relates to the operation of the charity comprising of direct charitable expenditure to meet the objectives of the charitable company. Support and governance costs relate to the management and operation of the organisation and also compliance with constitutional and statutory requirements in producing the annual report, These are dealt with in the Statement of Financial Activities when payment has been approved by the charitable company.
Stock
Stock comprises books produced by the charitable company. The value of the stock is held at net realisable value as some books are given away for free whilst others are sold.
Tangible Fixed Assets
Capital expenditure of £500 and above is stated in the balance sheet at cost less accumulated depreciation. Depreciation is provided to write off the cost of each asset over its expected useful life as below:
Equipment — 33% per annum straight line basis Fixtures & Fittings — 25% per annum reducing balance basis Computers & Equipment ~ 33% per annum straight line basis
Intangible Fixed Assets
Capital expenditure is treated as a fixed asset and amortised to write off each asset over its estimated useful life as follows
Website
20% per annum straight line basis
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.
Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities
-14-
WRITING ON THE WALL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2022
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the year in which the estimate is revised where the revision affects only that year, or in the year of the revision and future years where the revision affects both current and future years.
Taxation
Income and gains are exempt from taxation as they are received and applied for charitable purposes only. The charitable company benefits from various exemptions from taxation afforded by tax legislation and is not liable to corporation tax on income or gains falling within those exemptions
3. Donations and endowments from
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| a | Donations and legacies | £ | £ | £ | £ |
| Donations | 612 | - | 612 | 10,970 | |
| Arts Council England | 78,072 | - | 78,072 | 78,072 | |
| General grants | - | - | - | 61,080 | |
| 78,684 | - | 78,684 | 150,122 |
Donations and legacies income for 2021 related wholly to unrestricted fund
,
-15-
WRITING ON THE WALL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31s MARCH 2022
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |
| 2022 | 2022 | 2022 | 2021 | |
| b, Charitable activities | £ | £ | £ | £ |
| Arts Council England- Cultural Bridge | - | 9,477 | 9,477 | - |
| Arts Council England—Year ofWriting | - | 41,377 | 41,377 | - |
| Arts Council Recovery Fund | - | 33,000 | 33,000 | 49,500 |
| BLAST | - | . | - | 3,000 |
| Book and Bar sales | §,322 | : | 5,322 | 2,973 |
| Box office income | 10,046 | - | 10,046 | 7,198 |
| British Arts Council | - | 200 | 200 | 8,000 |
| Commissions | 183,078 | ~ | 183,078 | 68,208 |
| Contract income | 63,750 | - | 63,750 | - |
| ESF Community Grant - Next Chapter | - | 11,577 | 11,577 | 4,711 |
| ESF Community Grant~Write, What's Next | . | 14,511 | 14,511 | . |
| Esmee Fairbairn Foundation | - | - | - | 31,990 |
| GarfieldWeston Foundation | - | 50,000 | 50,000 | - |
| Julia & Hans Rausing | - | - | - | 53,286 |
| HMRC Job Retention Scheme | 6,863 | - | 6,863 | - |
| Kick Starters | 13,728 | - | 13,728 | - |
| LCVS Community !mpact Fund - 81 Uprisings | - | - | - | 2,996 |
| LCVS Innovation in Communities Fund | - | 7,484 | 7,484 | > |
| LCVS Youth Steering Group | - | - | - | 1,500 |
| Liverpool City Council Business Support | 6,000 | - | 6,000 | ~ |
| Liverpool City Council - Culture Liverpool | - | 15,038 | 15,038 | - |
| Liverpool City Council - ILM | - | - | - | 5,684 |
| Liverpool City Council Year of Writing | - | - | - | 2,000 |
| Mayors Fund | - | 11,177 | 11,177 | 9,751 |
| Major of Liverpool | - | 12,064 | 12,064 | - |
| SteenPoliceCommunity Engagement | _ | 5,327 | 5,327 | . |
| National Archives | - | 10,000 | 40,000 | - |
| peatedCommunitiesFundCovid 19 | - | _ | . | 47,470 |
| National Lottery- Reaching Communities | - | - | - | 44,921 |
| Paul Harnlyn Foundation | - | 70,000 | 70,000 | 70,000 |
| Pilgrim Trust- Archives Revealed | - | - | - | 19,861 |
| Sponsorship | 5,154 | - | 5,154 | 4,000 |
| Steve Morgan Foundation | - | - | - | 11,620 |
| VRP- Arts & Culture | - | - | - | 8,760 |
| WEA/ESF Moving Forward | - | > | - | 7,859 |
| Youth Endowment Fund | - | 42,123 | 12,123 | 35,814 |
| 293,941 | 321,667 | 615,608 | 521,556 |
~116-
WRITING ON THE WALL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 315 MARCH 2022
Income from charitable activities in 2021 comprised £82,379 for unrestricted funds and £439,177 related to restricted funds
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |
| 2022 | 2022 | 2022 | 2021 | |
| c. Investments | £ | £ | £ | £ |
| Bank Interest | 42 | - | 42 | 118 |
| Investments Income for2021 related wholly to unrestricted funds. | ||||
| 4. Expenditure on Charitable Activities | ||||
| Direct | Support& | Total | Total | |
| Charitable | Governance | 2022 | 2021 | |
| Expenditure | Costs | |||
| £ | £ | £ | £ | |
| The provision of festivals, events, | ||||
| and activities to promote the art | 365,581 | 238,125 | 603,706 | 435,735 |
| and practise ofwriting | ||||
| Analysed as follows: | ||||
| 2022 | 2021 | |||
| Direct charitable expenditure: | £ | £ | ||
| Staff salary costs | 122,487 | 52,979 | ||
| Pension | 3,389 | 1,405 | ||
| Artists costs | 131,988 | 36,938 | ||
| Tutors | 58,014 | 31,843 | ||
| Equipment | 984 | 1,329 | ||
| Project materials | 2,956 | 153 | ||
| Venue hire | 9,879 | (787) | ||
| Volunteer expenses | 4217 | 5,022 | ||
| Website costs | 58 | 108 | ||
| Print and design | 18,755 | 18,891 | ||
| Publicity and marketing costs | 10,897 | 7,069 | ||
| Travel expenses | 1,957 | 102 | ||
| 365,581 | 155,052 |
4. Expenditure on Charitable Activities
a. Analysed as follows:
—
-17-
WRITING ON THE WALL LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2022
| 2022 | 2021 | |
|---|---|---|
| Support & governance costs | £ | £ |
| Staff salary costs | 186,572 | 233,436 |
| Pension | 5,185 | 6,346 |
| Office running Costs | 2,327 | 1,072 |
| Rent and rates | - | 1,000 |
| Insurance | 963 | 872 |
| Bank charges | 88 | 111 |
| Sundry | 202 | 189 |
| Consultancy fees | 18,549 | 27,550 |
| Staff expenses | 9,326 | 4,412 |
| Training | 230 | 765 |
| Subscriptions and licences | 531 | 1,028 |
| Registrar ofCompanies fee | 28 | 28 |
| Recruitment | 1,050 | - |
| Payroll fees | 523 | 395 |
| Accountancy | 1,160 | 725 |
| Amortisation | 4,000 | - |
| Depreciation | 10,391 | 2,754 |
| 238,125 | 280,683 | |
| Total expenditure on charitableactivities |
603,706 | 435,735 |
£383,736 (2021: £346,313) of the above expenditure relates to restricted funding.
- b. Staff cost
| Staff cost | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Salaries | 287,610 | 265,681 |
| Social security costs | 21,449 | 20,734 |
| Pension costs | 8,574 | 7,751 |
| 317,633 | 294,166 |
c. Particulars of employees
Average number of employees during the year, calculated on the basis of full-time equivalents, was as fallows:
2022 2021 Charitable activities 11 10
No employee received emoluments of more than £60,000 during the year.
The Trustees are not remunerated for their services and are not included in the above number of employees.
No out-of-pocket expenses were reimbursed to trustees in the year (2021: E£nil).
-18-
WRITING ON THE WALL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2022
5. Tangible fixed assets
| Tangible fixed assets | ||||||
|---|---|---|---|---|---|---|
| Cost | Equipment £ |
Fixtures & Fittings £ |
Computer Equipment £ |
Total £ |
||
| Brought forward at 1* April 20214 | 2,500 | 6,531 | 11,829 | 20,860 | ||
| Additions during the year | 33,127 | - | 6,121 | 39,248 | ||
| Disposals during the year | (-); | (-) | (1,250) | (1,250) | ||
| Balance at 318t March 2022 | 35,627 | 6,531 | 16,700 | 58,858 | ||
| Accumulated Depreciation | ||||||
| Brought forward at 18 April 2021 | 2,500 | 3,953 | 7,070 | 13,523 | ||
| Charge for the year | 6,377 | 644 | 3,370 | 10,391 | ||
| Disposals during the year | (-) | (-) | (1,250) | (1,250) | ||
| Balance at 315 March 2022 | 8,877 | 4,597 | 9,190 | 22,664 | ||
| NetBook Value at 31° March 2022 | 26,750 | 1,934 | 7,510 | 36,194 | ||
| Net Book Value at 31%* March 2021 | - | 2,578 | 4,759 | 7,337 | ||
| Intangible fixed assets | ||||||
| Website | Total | |||||
| Cost Brought forward at 1% April 2021 |
£ 5,000 |
£ 5,000 |
||||
| Additions during the year | - | - | ||||
| Balance as at 31° March 2022 | 5,000 | 5,000 | ||||
| Accumulated Amortisation | ||||||
| Brought forward at 1st April 2021 | - | - | ||||
| Charge forthe year | 1,000 | 1,000 | ||||
| Balance as at 31°' March 2022 | - | - | ||||
| st NetBookValue at 31°* March 2022 |
4,000 | 4,000 | ||||
| Stock | ||||||
| Stock comprises books produced by the charity, to | be | sold or given | away for | free. | ||
| 2022 | 2021 | |||||
| £. | £ | |||||
| Stock | 11,905 | 3,112 |
6. Intangible fixed assets
7. Stock
Stock comprises books produced by the charity, to be sold or given away for free.
-19-
WRITING ON THE WALL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2022
8. Debtors
| 8. Debtors | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| £ | £ | |||
| Debtors | 30,280 | 6,502 | ||
| Prepayments | 651 | 650 | ||
| 30,931 | 7,152 | |||
| 9. Creditors: amounts falling due within | one year | |||
| 2022 | 2021 | |||
| £ | £ | |||
| Accruals | 3,040 | 725 | ||
| Tax and social security | 9,025 | 7,527 | ||
| 12,065 | 8,252 | |||
| 10. Analysis of Net Assets between Funds | ||||
| 2022 | Tangible Fixed |
Intangible Fixed Assets |
Net Current Assets |
Total |
| Assets | ||||
| Unrestricted Funds | £ | £ | £ | £ |
| General Fund | 30,711 | - | 253,420 | 284,131 |
| Arts Council England | 2,181 | - | - | 2,181 |
| Designated Reserves | - | - | 88,599 | 88,599 |
| 32,892 | - | 342,019 | 374,911 | |
| Restricted Funds | ||||
| Arts Council England — Cultural Bridge | - | - | 9,437 | 9,437 |
| Arts Council Recovery Fund | - | 4,000 | “ | 4,000 |
| Catalyst Small Grants | 14 | - | - | 14 |
| ESF Community Grant - Next Chapter | 439 | - | ~ | 439 |
| Liverpool City Council — Culture Arts InvestmentProgramme |
342 | ; | . | 342 |
| Liverpool City Council~ Culture Liverpool |
- | . | 15,038 | 15,038 |
| Liverpool City Council — Festival Enhancement Programme |
1,882 | : | ° | 1,882 |
| National Archives | - | - | 10,000 | 10,000 |
| National Lottery- Reaching Communities | 315 | - | - | 315 |
| Paul Hamlyn Foundation | - | - | 37,462 | 37,462 |
| Pilgrim Trust | - | - | 6,062 | 6,062 |
| VRP- Arts & Culture | 310 | - | : | 310 |
| 3,302 | 4,000 | 77,999 | 85,301 | |
| Totalfunds | 36,194 | 4,000 | 420,018 | 460,212 |
-20-
WRITING ON THE WALL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2022
| 2021 | Tangible Fixed |
Intangible Fixed Assets |
NetCurrent Assets |
Total |
|---|---|---|---|---|
| Assets | ||||
| Unrestricted Funds | £ | £ | £ | £ |
| General Fund | 2,757 | - | 219,457 | 222,214 |
| Restricted Funds | ||||
| Arts Council Recovery Fund | - | 5,000 | - | 5,000 |
| BLAST | - | - | 3,000 | 3,000 |
| British Council Int Project | - | - | 7,000 | 7,000 |
| Catalyst Small Grants | 470 | - | - | 470 |
| ESF Community Grant - Next Chapter | - | - | 1,316 | 1,316 |
| Esmee Fairbaim Foundation | - | - | 39,285 | 39,285 |
| nanCommunity ImpactFund-81 prisings |
7 | : | 2.996 | 2.996 |
| LCVS Youth Steering Group | - | - | 1,500 | 1,500 |
| Liverpool City Council —Culture Arts investment Programme |
543 | . | 543 | |
| Liverpool City Council — Festival EnhancementProgramme |
2,510 | ° | ° | 2,510 |
| Liverpool City Council Year of Writing | - | - | 2,000 | 2,000 |
| National Lottery- Reaching Communities | 533 | - | - | 533 |
| Paul Hamlyn Foundation | - | - | 36,490 | 36,490 |
| Pilgrim Trust | - | - | 19,861 | 19,861 |
| VRP- Arts & Culture | 524 | - | 1,165 | 1,689 |
| VRU Community of Practice Fund | - | - | 3,541 | 3,541 |
| WEA/ESF Moving Forward | - | - | 1,391 | 1,391 |
| Youth Endowment Fund | - | - | 18,245 | 18,245 |
| 4,580 | 5,000 | 137,790 | 147,370 | |
| Totalfunds | 7,337 | 5,000 | 357247 | 369,584 |
11, Unrestricted Funds
----- Start of picture text -----
Movements in the year
2022 Funds at Income Expenditur Transfer Funds at
Beginning of e of funds End of
year year
£ £ £ £ £
General Fund 219,541 294595 (141,406) (88,599) 284,131
Arts Council England 2,673 78,072 (78,564) (-) 2,181
Designated Reserves - - (-) 88,599 88,599
222,214 372,667 (219,970) - 374,911
----- End of picture text -----
-24-
WRITING ON THE WALL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2022
----- Start of picture text -----
|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Movements|in|the|year|
|2021|Funds|at|Income|Expenditure|Funds|at|end|
|beginning|of|year|of year|
|£|£|£|£|
|General|Fund|84,017|232,619|(94,422)|222,214|
|General|Fund|is|used|to|finance|the|charitable|company’s|general|activities|as|
|outlined|in|the|Trustees’|Report.|
|Arts|Council|England|—|contribution|towards|festival|and|core|costs|
|Designated|Reserves|-|Contribution|towards|the|redundancy|provision|and|three|
|months’|running|costs|and|lease|commitments.|
|Restricted|Funds|
|Movements|in|the|year|
|Funds|Income|Expenditure|Funds|
|2022|at|at End|
|Beginning|
|of|year|of|year|
|£|£|£|£|
|Arts|Council|England|—|Cultural|Bridge|-|9,477|(40)|9,437|
|Arts|Council|England|— Year|of Writing|-|41,377|(41,377)|-|
|Arts|Council|Recovery|Fund|5,000|33,000|(34,000)|4,000|
|British|Arts|Council|7,000|200|(7,200)|-|
|BLAST|3,000|-|(3,000)|-|
|Catalyst|Small|Grants|470|-|(456)|44|
|ESF|Community|Grant|-|Next|Chapter|1,316|41,577|(12,454)|439|
|nen Community Grant — Write,|What's|;|44,541|(14,511)|:|
|Esmee|Fairbairn|Foundation|39,285|-|(39,285)|-|
|Garfield|Weston|Foundation|-|50,000|(50,000)|“|
|VS|Community|Impact|Fund|81|Uprisings|2,996|~|(2,996)|~|
|LCVS|Innovation|in|Communities|Fund|-|7,484|(7,484)|-|
|LCVS|Youth|Steering|Group|4,500|-|(1,500)|-|
|Liverpool|City|Council|—|Culture|Arts|
|Investment Programme|543|18,312|(18,513)|342|
|Liverpool|City|Council|—|Culture|Liverpool|-|15,038|(-)|15,038|
|Liverpool|City|Council|—|Festival|
|Enhancement|Programme|2,510|°|(628)|1,882|
|Liverpool!|Clty|Council|Year|of Writing|2,000|-|(2,000)|~|
|Mayors|Fund|-|11,177|(11,177)|~|
|Mayer|of|Liverpooi|-|12,064|(12,064)|~|
|Merseyside|Police|Community|
|°|5327|(9,327)|°|
|Engagement|Strategy|
|National|Archives|-|40,000|(-)|10,000|
|National|Lottery-|Reaching|Communities|533|-|(218)|315|
|Paul|Hamlyn|Foundation|36,490|70,000|(69,028)|37,462|
|Pilgrim|Trust|19,864|-|(13,799)|6,062|
|VRP-|Arts|&|Culture|1,689|-|(1,689)|-|
|VRU|Community|of Practice|Fund|3,541|-|(3,231)|310|
----- End of picture text -----
General Fund is used to finance the charitable company’s general activities as outlined in the Trustees’ Report. Arts Council England — contribution towards festival and core costs Designated Reserves - Contribution towards the redundancy provision and three months’ running costs and lease commitments.
12. Restricted Funds
-22.
WRITING ON THE WALL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2022
| WEA/ESF Moving Forward | 1,391 | - | (1,391) | - |
|---|---|---|---|---|
| Youth endowment Fund | 18,245 | 12,123 | (30,368) | - |
| 147,370 | 321,667 | (383,736) | 85,301 | |
| Movements in the year |
||||
| Funds | Income | Expenditure | Funds | |
| 2021 | at Beginning | at End | ||
| ofyear | ofyear | |||
| £ | £ | £ | £ | |
| Arts Council Recovery Fund | ~ | 49,500 | {44,500} | 5,000 |
| BLAST | - | 3,000 | - | 3,000 |
| British Arts Council | - | 8,000 | (1,000) | 7,000 |
| Catalyst Small Grants | 925 | - | (455) | 470 |
| ESF Community Grant - Next Chapter | - | 4711 | (3,395) | 1,316 |
| Esmee Fairbairn Foundation | 39,588 | 31,990 | (32,293) | 39,285 |
| Julia & Hans Rausing |
- | 53,286 | (53,286) | - |
| LCVS Community Impact Fund 81 Uprisings |
- | 2,996 | - | 2,996 |
| LCVS Youth Steering Group | - | 1,500 | - | 4,500 |
| Livarpool City Council ~ Culture Arts Investment Programme |
. | 20,454 | (19,911) | 543 |
| Liverpool City Council ~ Festival EnhancementProgramme |
3,346 | ° | (836) | 2,510 |
| Liverpoo! City Council - ILM | - | 5,684 | (5,684) | - |
| Liverpool City Council Year of Writing | - | 2,000 | - | 2,000 |
| Mayors Fund | 25 | 9,751 | (9,776) | - |
| National Lottery Communities Fund Covid 19 write to work |
. | 47,470 | (47,470) | ° |
| National Lottery- Reaching Communities Paul Hamlyn Foundation |
° 1,436 |
44,921 70,000 |
(44,388) (34,946) |
933 36,490 |
| Pilgrirn Trust | - | 19,861 | - | 19,861 |
| Steve Morgan Foundation | - | 11,620 | (11,620) | - |
| VRP- Arts & Culture | - | 8,760 | (7,071) | 1,689 |
| VRU Community of Practice Fund | 4,186 | - | (645) | 3,541 |
| WEA/ESF Moving Forward | - | 7,859 | (6,468) | 1,391 |
| Youth endowment Fund | - | 35,814 | (17,569) | 48,245 |
| 49,506 | 439,177 | (341,313) | 147,370 |
Description of Funds These are monies given to the charitable company to be spent at the discretion of the Board of Trustees for specific charitable purposes, as follows: Arts Council, England, Cultural Bridge - Contribution towards ‘Staging the Hidden Words’ project.
Arts Council England, Year of Writing - Contribution towards Liverpool Year of Writing.
Arts Council Recovery Fund- to help face the challenges of the Coronavirus pandemic and to ensure WoW has a sustainable future.
BLAST- Contribution to further develop and realise the Writer's Bloc.
~ 23.
WRITING ON THE WALL LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
British Arts Council - Contribution towards artist travel costs.
Catalyst Small Grants - Contribution towards salary, consultancy, training, and equipment
ESF Community Learning Grant - Next chapter - Contribution to project to support writers and artists career development.
ESF Community Learning Grant - Write, What Next - Contribution towards ‘Write, What's Next’ project.
Esmee Fairbairn Foundation -Coniribution towards salary, training, and core costs.
Garfield Weston Foundation - Contribution towards ‘Writer's Bloc’ project.
Julia & Hans Rausing - Contribution towards project costs, core and overheads costs.
LCVS Community Impact Fund - Contribution towards commemoration events of the 1981 Uprisings.
LCVS innovation in Communities Fund - Contribution towards ‘Write to Work’ project.
LCVS Youth Steering Group - to create a Youth Steering Group for all of WoW’s activities.
Liverpool City Council, Culture Arts Investment Programme ~- To support WoWs capacity to deliver the annual programme of events, activities, and festivals.
Liverpool City Council, Culture Liverpool - Contribution towards ‘What's Your Story’ projects for the Clinically Extremely Vulnerable and frontline workers.
Liverpool City Council, Culture Liverpool, Festival Enhancement Programme - Contribution towards annual festival.
Liverpool City Council, ‘Ways to Work’ intermediate Labour Market scheme
Liverpool City Council Year of Writing - to support WoW’s role in leading on the 2021 Year of Writing.
Mayor’s City Fund - Contribution towards ‘Black History Month’ delivered by the Creative Organisations of Liverpool (COol).
Mayor of Liverpool - Contribution towards Year of Writing.
Merseyside Police Authority- Community Engagement Strategy - Contribution towards a ‘Youth Mural’ project
National Archives — Testbed - Contribution towards L8 Archive project
National Lottery, Communities Fund - Contribution towards ‘Write to Work.
National Lottery, Reaching Communities - Contribution towards ‘Writers Bloc’ project.
Paul Hamlyn Foundation - Contribution towards Super Heroes Words are our Power!’ schools-based project.
Pilgrim Trust/National Archives - Contribution towards ‘Archives revealed’ L8 Archive project
Steve Morgan Foundation - Contribution towards ‘Writers Bloc’ project.
Violence Reduction Partnership Arts & Culture - WoW Young Writers - Match funding to help develop WoW Young Writers
Workers Education Association/ESF - Contribution towards ‘Moving Forward’ project
DA
WRITING ON THE WALL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2022
Youth Endowment Fund - To enable remote/digital/virtual delivery of group-based programme to support young people at risk of youth violence.
13. Operating Lease Commitments
The only financial commitment is three-month notice payment of rent of £1,000. (2021: notice £1,000)
14. Related Party Transactions
There were no material related party transactions during the year which require disclosure (2021: none).
15. Guarantees
As at 31% March 2022, 7 members had given a guarantee of £1 each in the event of the company winding-up. Total: £7 (2021: 7 Members Total: £7)
16, Cash generated from operations
| 16, Cash generated from operations | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Surplus for the year | 90,628 | 236,061 |
| Adjustments for: | ||
| Depreciation Amortisation |
10,391 1,000 |
2,754 - |
| Movements in working capital: | ||
| Decrease/(increase) in stocks (Increase)/decrease in debtors |
(8,793) (23,779) |
(1,907) 40,209 |
| Increase/(decrease) in creditors | 3,813 | 1,922 |
| Cashgeneratedfromoperations | 73,260 | 279,039 |
-25.