Company number: 04949299 Charity Number.. 1102623 The International Anthony Burgess Foundation Report and financial statements For the year ended 31st December 2023
The International Anthony Burgess Foundation Reference and administrative information for the year ended 31st December 2023 Company number 04949299 Charity number 1102623 Registered office and operational address The Englne Plouse Chorlton Mill Cambridge Street Menchester MI 5BY Trustees Trustees, who are also directors under company law, who served during the year and up to the date of thls report were as follows= Dr Carson Bergstrom Chalr Dr Patrick McDonagh Ms Caroline Ann Langdon-Banks Mr Matthew Frost Secretary Mr Gaetan De Chezelles Dr Wllliam Blazek Mr Yves Buelens Dr Stella Halkyard Dr Nuria Belastegui resigned January 2023 Key management Professor AndW Biswell Dlrector personnel Bankers Natwest Bank 699 Wilm51ow Road Didsbury Manchester M20 6NW Independent Catherine Hall FCCA DChA examiner Slade & Cooper Llmited Beehlve Nill Jersey St Manchester M4 6JG
The International Anthony Burgess Foundation Trustees, annual report for the year ended 31st December 2023 The trustee£ present their report and the unaudited financial statements for the year ended 3 1st December 2023. Included within the trustees, report is the directors, report as required by company law. Reference and admirnistrative Information set out on page I forms part of this report. Tre financial statements comply with current statutory requlrements, the mernorandum and articles of assocbation and the StatEtnent of Recommended Practice Accounting and Reportir¢g by CharitJ"es'. SORP applicable to charities preparing their accounts in accordance with FRS 102. Objectives and activities The misslon of the International Anthony Burgess Foundation is to encourage and promote public and schol8rly interest in all aspects of the life and work of Anthony Burgess. As an artistic and educational charity, the primary objectives of the Foundation are to support activities across all art-forms, with particular reference to twentieth and twenty-first century literature and cla55ical rnusic, reflecting the art15tic work produced by Anthony Burgess in his lifetime. The trustees review the aims, objectives and artlvlties of the charity each year. This report looks at what th&. charity has achieved and the outcomes of its work in the reporting per(od. The trustees report the success of each key activlty and the benefits the charlty has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objertives and ctivlties rernained focused on its stated purposes. The trustees have referred to the guidance contained in the Charity Commission's general guidaTrce on public benefit when reviewing the charlty's aitns and objectlves and In planning Its fLJture artivities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set. Achievements and performance The charity's main actlvitles, and its main beneficlaries, are described below. All charitable artivities focu5 on the life, work and artistic legacies of Anthony Burgess, and these activities are undertaken to further the International Anthony Burgess Foundation's charitable purposes for the public benefit. Beneficiaries of our services The mission of the International Anthony Burgess Foundation 15 to encourage and promote public and scholarly interest in all aspect5 of the life and work ol Anthony Burgess. A5 an art15tic and educational charity, the primary objectives of the Foundation are to 5UPPOrt activities across all art-forms, Wlth particular reference to twentieth and twenty-first century literature and classical music, reflecting the artistic work produced by Anthony Burgess in his lifetime. As in previous years, the main focus of activity in 2Q23 was to promote Anthony Burgess's musical and literary works to the widest PQSsible audience. Working with publishers, translator5 and agents. the
The International Anthony Burgess Foundation Trustees, annual report for the year ended 31st December 2023 Foundation aims to bring all Burgess'5 nove15 and non-fiction books into print, both in English and in Dther languages. We also work to encourage performances of Burgess's Stage play5 and music. alld with audio book publishers and recording companie5 to make audio work5 available to the public throughout the world, and in a variety of languages. To fulfil its educational mission, the Burges5 Foundation warks with academic partners to organi5e conference5, syrnposiums and exhibition5. We collaborate with partner5 such as theatres, newspapers and broadcasters to bring our work to the attention of international readerships and audiences. The trustees review the aims, objectives and activities of the charity each year. Thi5 report 5urnmarizes what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key attivity and the benefits the charity has brought to the groups of people that it 15 Set up to help. The review also helps the trustees to ensure that the charitV5 aims, objectives and activitie5 remained focused on its stated purposes. The trustees have referred to the Charity Commission'5 general guidance on public benefit when reviewing the charity's aims and objettive5 and planning future activities. In particular, the trustees consider how activities will contribute to the aims and objectives that have been set. Each year thousands of people benefit from the cultural and educational work of the International Anthony Burge55 Foundation, both directly arbd indirectly. In a typical year, we welcome more than 10.000 vi51tor5 to the building on Cambridge Street to experience talks, reading5 and live performance5. In 2023, an additional 287,000 people ellgaged with the charity remotely. through the website, the podcasts, and the 50cial media channels. The charity makes educational and project grants to scholars and artists, and works with a range of artlSt5 including comp05ers, musicians and theatre-makers who are undertaking creative work in line with its mission. Visltors to the archive and study centre benefit from the work of the Foundatlon's archivist, who has compiled catalogues to the collections of manuscripts and printed books and makes these freely available to researcher5 online. The Foundation makes travel grants and bur5arie5 to students who are pursuing research into Anthony Burgess at postgraduate level.. and it works in collaboration with universitie5 and colleges to enable new research and to deliver academic programme5. In conjLJnction with the University of Salford, the Foundation has delivered an MA module titled 'Anthony Burgess and his Contemporaries., which has been offered to postgraduate studellts every year Since 2011. We regularly work with 5choo15, colleges, theatres and community groups from Greater Manchester. and elsewhere in the United Kingdom, to deliver educational events and activitie5 relating to the life and work of Anthony Burgess. The largest group of beneficiaries of the Foundation's work is the worldwide community of readers who engage with publications by Anthony Burgess. Since 2012 the new edition of A Clockwork Orange has sold more than 300,000 copies throughout the world, and sales of this title remain strong. Other important beneficiaries of our charitable work are the very large international audiences for Anthony Burgess's stage plays, radio plays and music lavailèble on CD and via online streaming servicesl. A5 a result of the Foundation's publishing activities, Anthony Bur8es5's novels 3re now available in territories where they were previously unknown. and in language5 such as Arabic, Armenian, Asturian,
The International Anthony Burgess Foundation Trustees, annual report for the year ended 31st December 2023 Azerbaijani, Basque, Bulgarian. Catalonian, Chinese1Simplified and Complex), Czech, Estonian, Finnish, German, Hungarian, Korean, Lithuanian. Malay, Maltese, Polish, Portuguese, Slovak, Spanish, Romanian, Russian, Turkish and Ukralnian. New publications Between January and JUW 2023, four books by Anthony Burgess appeared in new editions, from a variety of publishers. This was the largest number of Engli5h-language titles to be published in a single year since 2013. The four books were A Shorter Finneguns Wake (Galileol, Two PIuy5.' Chat5ky and Miser, Miserl Isalamander Street), The Wonting Seed (Penguin Cla55icsI and The Clockwork Testament, edited by Akos Farkas (Manchester University Press). The publication of Chatsky was supported by a podcast, featuring interviews with members of the original cast from the 1993 UK stage production. The book was reviewed very positively by Anna Aslanyan in the Time5 Literary Supplement. The next batch of Irwell Editions will include Any Old Iron, Inside Mr Efiderby and The Worm (Jnd the Ring. The publisher W.W. Norton has reverted US rights in The Righr to on Answer, and this novel will also join the series. New translations Minotauro in Spain has published a paperback edition of La Naranja Mecunicu, following the 2022 hardback. This is the new translation of the novel by Juan Pascuale Martiriez Fernandez. a Professor of Linguistics at the University of Malaga. Einaudi reprinted Liana Burgess's Italian translation of The End of the World News in Ottober 2023. with an appealing new cover. This volume is part of an ongoing series of Italian publication5. HCE Ediciones in Argentina published Spanish translations of Here Comes Everybody, A Shorter Finnegan5 Wake and a selection of essays from The Ink Trade. The publisher Lizzie has released the first French audio book of A Clockwork Orange. Thi5 follows other recent agreement5 for audio books in German, Bulgarian, Polish, Finnish, Czech, Greek and Chinese. We are pursuing further opportunities in Italian, Spanish and Portuguese. The Foundation gave permission to the 92nd Street Y arts centre in New York to make their archive recordings of Burgess available to the widest Possible audience. These are now available on YouTube'. htt www. outube.corn w6tchPv=U CMJBM OW4 Theatre A Clockwork Orange was produced in January 2023. under the direction of Tilo Nest In cooperation with the Berliner Ensemble and the Ernst Busch Academy of Dramatic Arts, in the Neues Haus of the Berliner Ensemble. The productlon was revived in September and October 2023. Details of the production may be found at htt www.berliner-erisemble.de Inszenierun clockwork-oran p and there is a video trailer online at htt www. otjtube.com watch?v-bU kERfMWYc
The Internatlonal Anthony Burgess Foundation Trustees, annual report for the year ended 31st December 2023 The Tatbikat 5ahnesi theatre in Ankara presented 50 performances of a Turkish stage muslcal adapted from A Clockwork Orange, commencing in May 2023. The Landestheater in Detrnold, Germany 15 under contract to present 20 performances of A Clockwork Oronge in 2025. Contracts have been signed for new productions of Burgess's stage plays in Florida, Oxford, Berlin, Weimar and Ohio. Nax05 music CD The Complete Guitur Quortets, recorded by the prize-winning Mela Quartet, was released by Nax05 as a CD and download in September 2023. FavoUbIe reviews appeared in the Observer and the 6romophone. On the Road with Penguin Classics Andrew Biswell and the 5cience-ficion writer Jeff Noon contributed to an episode of the Penguin Classics Podcast. focussing on A Clockwork Orange and recorded on location in Brighton and Hove, and at the former Burgess residence in Etchingham, Sussex. Events Over the year, we saw an increased level of event activity in the Engine House. For example, the number of public event5 taking place in November 2022 was 15, whereas in November 2023 we hosted 31 events. This su¢ces5 was reflected in the income generated by venue hire and bar sale5. In the second half of the year, a new exhibition was launched, and we Spent time promoting new books. along with a recording of Burgess's guitar music, released on CD and as o download. The podcast5 and online newsletter were vÈry successful at attracting new audiences to the Foundation and its educational work. On 26Januarywe hosted a Manchester book launch forAnthony Burgess, Sti7nley Kubrick undA Clockwork Oronge, an essay collection published by Palgrave Macmillan. Georgina Orgill, co-editor of the book and curator of the Stanley Kubrick Archive, was among the speakers. There was a London launch event on 28 June. Future collaborations with the Kubrick Archive are planned. Andrew Biswell spoke at the Italian James Joyce Foundation conference at Universita degli studi Roma Tre IRoma 3 Univer51tyl in February. The subject of his talk was 8urgess's English translation of a memoir of James Joyce by the French writer Georges Belmont. We awarded the tenth Observer/Anthony Burgess Prizes for Arts Journalism at the Art Workers. Guild in London on 23 February. The first prize of £3000 went to En Liang Khong for an outstanding review of the visual artist Tanoa Sasraku. The runners-up, winning £500 each, were Cerise Louisa Andrews and Luke Hallam. All three winning entries appeared in the Observer newspaper and on the website.. htt www.the uardian.com culture observer-anthon -bur rize-for~arts- ourn31ism We celebrated 81IK)msday on 16 June with a special event at the Engine House, sponsored and co-organised by the Irish Congulate. Piano music w35 provided by David Quigley. Sarah Mang3n, the Irish Consul. commented.. 'In our two years in Manchester we have run a number of events, but without doubt the two
The International Anthony Burgess Foundation Trustees. annual report for the year ended 31st December 2023 Bloomsday event5 have been the most enjoyable. thanks to our collaboration with the Burges5 Foundation. We look forward to continuing the collaboration and perhaps building on it again next year., The pianist Neil Brand presented a performance based on 8urgess's novel The PiGnoplayers at HOME, the Gfeater Manchester Arts Centre, on 22 June, accompanyirbg silent films in the style of Burgess's father, with readings from the novel. Thi5 event, which was very well attended, was a collaboration with the Screen Studie5 Centre at Manchester Metropolitan University. The Foundation presented a concert of works by Burgess and Beethoven at the Engine House on I December 2023. The tenor Gabriel Seawright performed Burgess's D.H. Lawrence song cycle, 'Man Who Has Come Through, with an ensemble from the Royal Northern College of Music. A string quartet from the Halle Orchestra played works by Burgess and Beethoven to a sold-out audience. Liana BurgÈ5s Fellows The inaugural Liana Burgess Fellows visited Manchester for three week5 in July 2023. Dr Akos Farkas IE(itvos Lorand Universltyl and Dr Maria Palla (Pazmany Peter Catholic Univer51tyl pursued two separate research projects.. representations of disease In Burges5'5 writing; and the legacies of colonialism in the Foundation'5 archive. They presented their work at a colloquium on 14 July and recorded a set of podcasts. ARTE documentary A new documentary about Anthony Burgess, directed by Elisa Mantin and Benoit Felici, was broadcast by Arte across Europe in November 2023. The Burge55 Foundation worked i105ely with the production company on this project since 2021, assisting with research and three days of filmirbg at the Engine House in November 2022. The producer was Nils Andersen for CPB Films in Paris. Collaboration with University of Salford The Salford MA module on Anthony Burgess and the Archive ran successfully irb 2023, supported and co- taught by the Foundation. This MA module has recruited a strong cohort of students each year since 2011. Acquisltion of manuscrlpts The Foundation has acquired a large collection of letters and unpublished poem5 sent by Anthony Burge55 to the late Moyna Morris. This was one of the most substantial collections of Burgess papers in private hands. The material will inform future publication5, including the Irwell Edition of the Works of Anthony Burgess, and an intended volume of selected letters. Observer new5 Story The discovery of a '105t' string quartet Iperformed at the Foundation on l December) was featured in the new5 pages of the Observer on Sunday 19 November, as part tsf a wider reconsideration of Anthonv Burgess's musical work, on the 30th anniversary of his death in 1993. The article 15 online at htt www.the uardian.com books 2023 nov 19 newl -discovered-5trin uartet-b -clockwork-Ofan author-anthon -bur es5-to-have- remiere 2023 was a time of unexpected challenges for the Burgess Foundation. Several of the charity's small team of staff were affected by long-term illness, while other members of sta)Y had ongoing carin8 responsibilities. Dc5Plte these unforeseen circumstances, we managed to deliver a full programme of events and publication5 throughout the year. This reflects very well on the robustness of the organisation, and on the
The International Anthony Burgess Foundation Trustees, annual report for the year ended 31st December 2023 flexibillty and positive attitude of staff. We appointed 8 new House Manager, working with the Events and Operations Manager, to coordinate day-to-day activities at the Engirbe House. Following the declsion to outsource the finance function to Beyond Profit, we reviewed pre-existing Systems and identified ways in which we could work more eff iciently. There 15 an ambition to harmonise the in-house contract storage system wrth the external one used by our literary agents agents, to simplify the tracking of royalties and avoiding the complications of having two systems running in parallel. In memoriam Professor Earl Ingersoll, who co-edited the book Conversations with Anthony Burge55, died in Decelnber 2021. 51 Litvinoff of Colo55al Pictures, who bought the film rights to A Clockwork Orange (with his business partner and co-executive producer, Max R3abl, died in January 2023. There was an obituary in the Hollywood Reporter. We are sad to report the death in November 2023 of Joe Tilson, the artist and printmaker, who worked with Burgess on the art book Will and lestoment, published by Richard Gabriel Rummonds at the Plain Wrapper Press in Verona. Financial review For 2023 the over811 incorne of the charity was £362,401 compared to £346,220 in 2022. In addition to book sales in the UK and US, there was an encouraging level of activity in the translation market. There were significant royalty payments, reflecting high levels of book 53le5, from Spain, Portugal, Brazil, South Korea and China. We also Saw a revival of income from new theatre productions in Germany and Denmark. For 2023 total expenditure was £350.022 {2022- £388,358). Despite rising costs for items such a5 electricity and insurance, there was a reduttion in staff costs. in comparison with the previous financial year. At the end of the reporting period, the Foundation was in a stable financial position, with sufficient cash reserves to undertake all planned activities for the following year. The total funds of the Foundatiotb at the end of the period were £179,669. Of which there were free reseeS of £165,349 which is the unrestricted reserves of the charity less its fixed assets. Reserves policy In her wlll, the late Liana Burgess made provlslon for ongoing sUPPOrt of the charity. On that basis, the charity has no actual reserves policy as such, as the trustees consider that the legacy received will support their current plans.
The International Anthony Burgess Foundation Trustees, annual report for the year ended 31st December 2023 Structurei governance and management The organisation 15 a charitable company limited by guarantee, incorporated on 31 October 2003 and registered as a charity on 15 March 2004. The company was established under a memorandum of association which established the objects and powers of the chaFltable company and is governed under its articles of association. Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The trustees are tnembers of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charlty. The trustees may at any time co-opt any duly qualified person to be appolnted As a trustee to fill a vacancyi to hold office until the next annual general meeting. All trustees give their time VDluntarily and receive no benefits from the charity. Any expenses reclalmed from the charity are set out in note I I to the accounts. Related parties and relationships with other organisatlons The ch(Irity occupies the premises at Chorlton Mill rent free with the permission of the trustees of the Tallis Foundation, a trust set up by the late Liliana Burgess to provide for and support the work of the International Anthony Burgess Foundation.
The International Anthony Burges5 Foundation Trustees. annual report for the year ended 31st December 2023 statement of responsibilities of the trustees The trustees (who are also directDf5 of The International Anthony Burgess Foundation for ttte prpSeS of company law) are responsible for preparing the trustees, annual report and the flnancial statements In accordance with applicable law and United Kingdom Accountlng Standards (United Kingdom Generally Accepted Accountlng Practice). Company law requires the trustees to prepère financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparlng these financlal statements, the trustees are reqLJlfftd to.. Select suitable accounting policies and then apply them consistently Observe the methods and principles in the Charities SORP Make judgements and estlmates that are reasonable and prudent State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subj.ect to any material departures disclosed and explained in the financlal statements Prepare the financial statements on the going concern basis unless it Is inappropriate to presume that the charity will continue in operation The trustee5 are responsible for keeping proper accounting records that disc105e with reasonable accuracy at any time the financial position of the charitable company and enable thetn to ensure that the financial statements comply with the Companles Act 2006. They are also responslble for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detectlon of fraud and other irregularities. This report has been prepared In accordance with the provisions applicable to companies subj.ect to the small companles, regitne of the Companles Att 2006. The trustees, annual report has been approved by the trustees on their behalf by O&Jkn > and signed on Carson Bergstrom Chalr
Independent Examiner's report to the trustees of The International Anthony Burgess Foundation I report on the accounts of the company for the year ended 3 1 December 2023 which are set out on pages 11 to 23. Re5ponslbilities and basls of report As the charity trustees of the company {and also its directors for the purposes of CDtnpany law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Att 2006 ('the 2006 Act,). Havlng satisfled myself that the èccounts of the company are not required to be audited under Part 16 of the 2006 Att and are eliglble for independent examination, I report in respect of my examination of your company's accounts as carried out under section 145 of the Charlties Att 20111'the 2011 Act,). In carrying out my examlnation I have followed the Directions given by the Charity Commission under section 14515)Ib) of the 2011 Att. Independent examiner's statement Slnce the company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants, which Is one of the listed bodies. I have completed fny examination. I confirm that no matters have come to tny attention in CDnnection with the examinatlon giving me cause to believe that In any material respect.. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records,. or 3. the account5 do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examinatlon,. or 4. the accounts have not been prepared in accordan with the tnethods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters Irb connection with the examination to which attention should be drawn in this report In order to enable a proper understanding of the accounts to be reached. catherIe Hall FCCA DChA Slade & Cooper Ltd. Chartered Certified Accountants Beehlve Mill Jersey Street Manchester M4 6JG Date 15th Odober 2024 io
STATEMENT OF FINANCIAL ACTIVITIES for the yearended 31 December 2023 INCLUDING INCOME AND EXPENDITURE ACCOUNT Unrestrltted Re5tri£ted 2023 2023 TOTAL Unrestricted Restricted 2023 2022 2022 TOTAL 2022 Note INCOME FROM.. Donations and legacies Ch3ritablÈ activities 150,060 150,060 154,600 154.600 192.069 191069 172,458 172.458 Othertr3ding activities 20.272 20.272 19,162 19.162 TOTAL INCOME 362,401 362,401 346,220 346,220 EXPENDITURE ON: Raising funds Charitable activities 29.238 29,238 32,623 32.623 320.784 320,784 355.735 355.735 TOTAL EXPENDITURE 350.022 350,022 388.358 388.358 NET {EXPENDITUREI/INCOME 12,379 12.379 142,1381 142,1381 Transfer between funds 16851 NET MOVEMENT IN FUNDS 12.379 12,379 141,4531 16851 142,1381 Fund balances brought *orward 167,Z90 167.290 208.743 685 209,428 TGfAL FUNDS CARRIED FORWARD 179,669 179,669 167.290 167,290 The Statement of financial activities includes all gal and1055es reco8nised during the year All income and expenditure derive from continuing activities. li
Company number: 04949299 BALANCE SHEET at 31 Decernber 2023 Notes 2023 2022 FIXED ASSETS Tangible èssèts li 14,320 16.734 CURRENT ASSETS Stock Debtors Cash at b3nk and in hand 5.407 16,142 171.062 10,572 12,370 181,949 12 13 192.611 204,891 CREDITOR5: amounts fallinE due within one year 14 127.2621 154,3351 NEf CURRENT ASSETS 165,349 150,556 NET ASSETS 179,669 167,290 FUNDS Unrestricted RestrictÈd 179,669 167,2 TOTAL FUNDS 179,669 167,290 company was entitled to exemption from audit under s477 of the Companies Act 2006 relatlng to small companics but as this company ig 3 charity, it 15 subject to independent examination under the Charities Act 2011. The members have not required the company to obtain an audit in 3ccord6nce with 5ect>on 476 of the Companies Act 2N6. The directors acknowledge their rpOnsIbIlItIeS for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordantè with the provisions applicable to Small companies Subject to the small companies regitn2 aNd in accordance with SORP FRSIO2. The financial statement5 were approved and authorised for issue by the B04rd on cjl o dob M >2fand signed on its behalf bv.. Trusiee 12
STATEMENT OF CASHFLOWS as 8t 31 December 2023 Notes 2023 2022 CASH INFLOW FROM OPERATING ACTIVITIES 15 16,684) 132,6551 CASH OUTFLOW FROM INVESTING ACTIVITIES Payment to acquire tangible fixed assets 14,203) NET CASH OUTFLOW FROM INVESTING ACTIVITIE5 14,203) NET INCREASEIIDECREASEI IN CASH AND CASH EQUIVALENTS 110,887) 132,6551 CASH AND CASH EQUIVALENTS AT THE START OF PERIOD 181,949 214,604 CASH AND CASH EQUIVALENTS ATTHE END OF PERIOD 171,062 181,949 CASH AND CASH EQUIVALENTS CONSISTS OF: Cash at nk and in hand 171,062 181.949 13
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2023 ACCOUNTING POLICIES The principal accountinÈ policies adopted, judgments and key sources of estimation uncertainty in the preparation of the f1nancial 5tètement5 are follows-. Basis of Preparing Flnanclal Statements The charity constitutes a publlc benefit entity as defined by FRS 102. The financial Statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charilies preparingtheir accounts in accordance wTrth the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 ISORP FRS1021, the Financi31 Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, the Charities Act 2011. the Companies Act 2006 and UK Generalty Accepted Accounting Practice that is SORP FRSIO2. The 1nternational Anthony Burgess Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost Dr transaction value unless otherwise stated in the rèlevant accountinE pr)licy note. Preparatlon of the accounts on a going concern basis The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. The trustees have made no kèy judgments which have 8 518nificant effect on the accounts. ThÈ trustees do not consider that there are 3ny SOUTces of estimation uncertainty at the reporting date that have a signilicant risk of causing a materi31 adjustment to the carrying amount Df assets and liabilities within the next reporting perlod. Income recognition Income 15 recognised when the chaiity has entitlement to the funds, any performance conditions attsched to the itemlsl of income have been met, it is probable that the income will be received and the amount can be measured reliably. Income from government and other gr3nt5, whether 'capital' grants or 'reVene, Èrant5. 15 recognised when the charity has èntitlement to the funds, any performance conditions attached to the grants have been met, It 15 probable that the income will be recoivèd and the amount tan be measured reliably and is not deferred. Income received in advance of a provision of a specified sefvice is deferred until the criteria for income recognition are met. Donated services and fatilitie5 Donated professional services and donated facilities are recognised a5 income when the charity has control over the item, any conditions associated wlth the donated item have been met, the receipt of economic benefit from the use by the charity of the item ig probable and that economic benefitcan be rneasured reliably. In accordance with the Charities SORP IFRS 1021, general volunteer time Is not retognised,. refer to the tru5tees' annual report for more informatlDn about their contribution. 14
On receipt. donated professiL)nal services and donated facilities are recognised on the basis of the value of the giftto the charity which Is the amount the charity would have been willing to pay to obtain Services or facilities of equivalent economic benefit on the open market,. a correspDnding amount is then recognised in expenditure in the period of receipt. Interest recelvable Interest on funds hcld on deposit is included when rècèivable and thp amount can be measured reliably by the charity.. this 15 normally upon notificat1Dn of the interest paid or payable by the Bank. Fund accounting Unrestricted funds are available to spend on activities that further any of rhe purposes of charity. t)esign3ted funds are unrestricted funds of the charity which the trustees havÈ decided at their discretion to set aside to use for z specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity. Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or construrtive obSlgation to make a payment to a third party, it is probable that settlement will be reouired and the amount of the obligation can bè measured reliably. Expenditure is classified under the following activity headings.. Costs of raising funds comprise the Costs of commercial trading including running of the cafe and their associated support COSts. Expenditure on charitable activities inclu(les the costs undertaken to further the purposes of the charity and their associated support costs. Other expenditure represents those items not falling into any other heading. Irrecoverable VAT is chBrged as a cost against the activity for which the expenditure was incurred. Tangible flxed a55et5 Individual fixed a55et5 Costing £1,000 or more are c3pstalised at cost and are depreciated over their estimated useful economic Ihjes on a straight line basis a5 follows: Property improvement5 Computer equipment 15% on a straightline ba515 33% on a straightline basis 5 years reducing balance Fixttjres, fittinE5 and equipment Fixed asset investments Investments are a form of basic financial instrument and are initially recognised at their transartion value and subsequently measured at their fair value as at the balance sheet date using the c105inE quoled market price. The statefnent of financial activities includes the net gains and losses arising ¢>n revaluation and disposals throughout the year. The Charity does not acquire put options, derivatives or other complex financial instruments. 15
The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider econDmlc conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors 01 sub sectors. Stock Stock is included at the lower of cost or net realisablè value. In general. cost is determined on a first in, first out basis. Net reali5able value is the price at which stocks can be sold in the normal course of business after allowing for the costs of realisation. Provision is made where necessary for obsolete, slow moving, and defective stocks. Donated items of stock are rE¢ognised at fair valLse which is the amount the ch3rity would have been willing to pay for the items on the open market. Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid nét Of any trade discounts due. Cash at bank and in hand Cash at bank and cash in hand include5 cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Creditors and provisions Creditors and provisions are rectsgni5ed where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measurgd or estimated reliably. Creditors and provision% are normally recognised at their Settlement amount after allowing for any trade discounts due. Flnanaal instruments The charity only h35 financial asset5 and linancial 5iabilities of a kind that qualify a5 basic financial instruments. Basic financial instruments are initially recognisèd at transactiDn value and Subsequently measured at their 5ettlernent value with the exception of bank loans which are subser4uently measured at amortised cost using the effective interest method. Penslons Employep.s of the charity are entitled to join a defined contribution 'money purchase, scheme. The charity's contribution is restricted to the contributions di5c105ed in note 9. There were no outst3nding ctsntributions at the year end. CorpoTation tax The charity is exempt from tax on income anct gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gain5 Act 1992 to the extent that these are applied to its charitable objects. No tax charge5 have arisen in the charity. 16
DONATIONS AND LEGACIES Unrestricted Restricted 2023 2023 TOTAL 2023 Unrestricted Restricted 2022 2022 TOTAL 2022 Donations Grants 60 Iso,000 6(KJ 150,IXKI 154,0 154.000 150,060 150.060 154,6 154.600 CHARITABLE ACTIVITIES Unrestritted Restricted 2023 2023 TOTAL 2023 Unrestricted Restricted 2022 2022 TOTAL 2022 Royalties Venue Hire Exhibition and tScket sales 156.787 34,822 156,787 34,822 460 142.929 29,350 179 142,929 29,350 179 191069 192.069 172.458 172,458 INCOME FROM OTHER TRADING AcfiviTIES Unrestricted Restricted 2023 2023 TOTAL Llnre5tricted Restricted 2023 2022 2022 TOTAL 2022 Café and ix)ok sale5 Othèr 20.272 20,272 18.446 716 18,446 716 20,272 ZO,272 19,162 19,162 RAISING FUNDS Unrestricted Restricted 2023 2023 TOTAL Z023 Unrestricted Restricted 2022 2022 TOTAL 2022 Café and bar costs Staff costs 13,824 15,414 13,824 15.414 7.494 25,129 7,494 25,129 29.238 29.238 32.623 32,623 17
CHARITABLE ACTIVITIES Events& actlvities Total 2023 Core Staff costs Premises Costs Admin c05t5 Agent commission Grant Cosis Depreciation other costs 179.319 49,377 3,922 29,634 179,319 49,377 3,922 29,634 6,617 7,628 6.617 41.478 33,850 276,497 10.437 33,850 310,347 Governance cosls 10,437 TOTAL EXP£ND1TURE 286,934 33.850 320,784 Unrestrictèd funds Restricted funds 286,934 33,850 320,784 286,934 33,850 320,784 Previous reportlng perlod Events & a¢tivitie5 Total 2022 Core St8ff costs Premises CD5ts Adrnin costs Agent commission Grant cosis Depreciation Other cc>sts 204,975 45.281 2,694 25,904 204,975 45.281 2.694 25,904 2.965 10,365 59,696 2,965 10,365 11,872 47.824 301.091 3,E155 50,789 351A80 3A55 Governance costs TOTAL EXPENDITURE 304,946 50,789 355,735 Unrestricted funds Restricted fund5 304,946 5D.789 355,735 304,946 50,789 355,735 18
ANALYSIS OF GOVERNANCE AND SUPPORT COSTS Basi5 of apportionment Govemance Total 202a Trustee expense5 Accountancy sÈrvicÈ5 Leg313nd Of510nal Governance Governance Governance 1,351 8,307 779 1,351 8,307 T19 lQ,437 10,437 Previous reporting perd Basts of apportionrnent Governance Totsl 2022 Trustee expense5 Accountancy servlces Legal and wofessional Governance Governance Governance 3,242 613 3,242 613 3.855 3,855 NET INCOME/IEXPENDITUREI Net incoMe/lexFndllure) is stated after charging 2023 2022 Depreciation IE remuneration- 50ftwaie IE remuneration- accoutancy fees IE remuneration- payroll bureau fees Indèpendent examiners fee 6.617 10,365 120 2.000 522 6(K) 252 19
STAFF COSTS AND KEY MANAGEMENT PERSONNEL 2023 2022 Wages and salaries Social security cost5 Employèr'5 pension costs Secoridment costs stsff trairning arhd other staff costs 123.433 5,517 144,175 6,699 2,667 76A13 150 63.778 121 194,733 230,104 Allocated as follows: Cost of raising funds Charitable activities 15.414 179.319 25,129 204,975 194733 230,104 No employee received total employee benefits (excluding employer pen51Qn C05t51 of more than £60.000. The average number of staff employed duringthe period was 912022.. 81 The key managemenl personnel of the charity comprise the Trustees and the Director. The total employee benefit5 of the key management personnel of the charity were £46,935 12022.. £55,886). 10. TRUSTEES, REMUNERATION AND EXPENSES, AND RELATED PARTYTRANSACTIONS Neither the management comtnittee nor any persons connèttèd wrth them received any remuneration or reimlmrsed expenses duringthe year12022.. Nill. One member of the Trustees received travel expenses totalling £1,49812022.' none) no other Trustee received travel and subsistence expenses durlng year12022:£nill. There are no donations from related parties which are outside the normal COUTse of business and no restricted dorTrations from related parties. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity. including guarantees. during the year12022.' nill. The charity occupie5 the premises at Chorlton Mill rent free. with the permlss¢on of the trustees of the Talli5 FoTrundation a trust set up by the late Liana Burge5S to provide fcsr and support the work of The International AnthDny Burgess Foundation. The trustees have indemnity cover. 20
- TANGIBLE FIXED A55ETS Leasehold Improvements Office Computer Equipment Equipment Total Cost.. At I january 2023 Additions Di5posa15 562,639 61,941 9,8U7 4,203 634,387 4.203 At 31 Oecember 2023 562,639 61,941 14,010 638,590 Depreciation At l January 2023 charge for the year Disposals 551.876 4,036 55,970 1.194 9,807 1,387 617,653 6,617 At 31 December 2023 555.912 57,164 11,194 624,270 NBV at 31 December 2023 6.727 4,777 2.816 14,320 NBVat 31 Decemr2022 10,763 5,971 16.734 Net 0k value at 31 December 2023 represents fixed assets used for charitable purposes.
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DEBTORS 2023 2022 Trdde debtors VAT Prepayrnen15 & accrued income Other debtors 6,691 3,741 3,241 2,469 5.294 2,737 4.214 125 16,142 12,370 IY. CASHATBANKAND IN HAND 2023 2022 Cash at bank and in hand 171.062 181,949 171,062 181,949 21
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CREDITORS . Amounts f8lling due within one year 2023 2022 Trade creditors 5oci315ecurity and other taxes Olher creditors and accruals 6,080 2,187 18,995 28,528 19,320 6,487 27,262 54,335
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CASH INFLOW FROM OPERATING ACTIVITIES 2023 2022 Net income for the year Depreclation and impairment of tangible fixed assets Ilncreasel in stock Ilncreaselldecrease in debtor5 Increaselldecreasel in creditors 12,379 6,617 5,165 {3,772) 127,073) 142,1381 IU.3b"5 13,0851 19,8791 12.082 16,684) 132,6551 22
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MOVEMENTIN FUNDS Balance at Incomlng Re50urce5 l Jan 2023 Resources Expended Balance at Transfer5 31 Dec 2023 Unrestricted Fund5 Restrictèd Funds 167.290 362,401 1350,0221 179.669 Total Funds 167,290 362AOI 1350.0221 179,669 ANAL YSIS QFNET ASSETS BETWEEN FUNDS Unrestricted Resirfttod Funds Funds Totsl Funds Tan@'ble fixed assets Net current asset511liabilities 14,320 165,349 179,669 14,320 165,349 179,669 Previous reportlng perlod Balance at Incom] Resources l Jan 2022 Resources Expended Balance at Transfer5 31 Dec 2022 Unrestricted Fund5 Restricted FUNIS 208,743 346.220 1388,3581 685 6851 167,290 Total Funds 209,428 346,220 1388,3581 167.290 ANAL YSIS OFNET ASSETSBETWEEN FUNDS Unrestrlcted Restricted Funds Funds Total Funds Tangible fi¥e.d assets Net currènt assetsllliabilitiesl 16,734 150,556 167,290 16,734 150.556 167,290 23