REGISTERED COMPANY NUMBER.. 04789736 (England and IAlales)
REGISTERED CHARifi NUMBER.. 1102787
Re
ort of the Trustee5 and
Unaudited Financial Statements
for thg Year Ended 31 March 2022
for
Tha Pound Arts Trust Limited
Mander Duffill
Chartered Accountants
The Post Office
4143 Market Pla
Chippenham
Wittshire
SN15 3HR
•ABJDJ42
2y12r2022
COIIPANIES HOUSE
A27
#213

Tho Pound
Trust Llmlted
Contents of the Financial Statements
for the Year Ended 31 Mareh 2022
Pag8
Roport of the Truste•s
Independ•nt Examinef$ Report
Stalement of Financial A¢tivitie$
Balance Sh￿t
8 to 9
Notes to tho Flnandal Statements
10 to 16
Detailed Statement ol Financial Actlvlti•s
17 to 18

The Pound Arts Trust Llmlted
Re
ort of the Tru$t•es
for th¢ Y•ar Endèd 31 March 2022
The trustees who are a150 directors of the charrty for the Purposes of the Companies Act 2006, present their
report wilh the financial staternents of the charity for the year en(Jed 31 March 2022. The trustees havè
adopted the provisions of Accounting and Reporting by Charities. Statement of Recommended Practice
applicable to charities preparing Iheir accounts in accordan￿ with" the Financial Reporbng Standard
applicable in the UK and Republic of Ireland IFRS 1021 (effertive 1 January 20191.
OBJECTIVES AND ACTNITIES
Objectives and aims
Our Mission
Connecting peopk Ihrough ￿811vIlY.
Our Values
For the communibes in our region lo be engaged with b￿athIakI￿j artbslic experiences. ￿gardleSS of Iheif
background or CiTcumstances. To be a creative Caiatysl and a place of refuge, discovery and nourishment for
ihe public and 8rlisls alike. To mainl8in and grow a sustainable na9ship arts provision across the region that
acls as a model for excellenl work that engages the soul. stimulates Ihe mind and entertains the spiril of our
c¢)mmunilies.
Our Vlslon
- Artistic Excèllence championed across a broa(J range of art foms
Cre8llvity through developing and supporting artists
S¢>¢ial Responsibikty by fostering respect for tliversity and communty cohesion
Indusion ty stripping down barriers lo er￿gement
Page 1

The Pound Arts Trust Limited
RÈ
ort of the Trustèes
far thÈ Year Ended 31 Mareh 2022
OBJECTIVES AND ACTIVThIES
Slgniflcant a¢tiviti*$
The Pound Arts Tnjst Limited ddivers more than 230 performances and films. 160 participatory arts events
and a minimum of 8 exhibitions a year al The Pound arts centre and around 60 rural venues across Wiltshire
and South Glouce51ershire. The Trust works in partnership with other arts Organisalions. ￿hooLs & youth
development agencies. local authorities, community groups. volunteers and funding bodies lo deliver a
comprehensive annual arts programme across the county. in particular. with4n rural area5.
The three strands within Pound Arts are..
The Pout)d acis as a hub for the arts in north Willshire aThJ is open 50 weeks of the year for up to 70 hours 8
week and programmgs more than 150 perfomiances and films, 120 partiapatory events and a minimum of 8
exhibitions a year. A provides performance. galkry. rehearsal and workshop spaces for both professional
and community artists. It aLso houses Ihree residenl emerging artisls, in open sludios. and a programme of
activity designed lo provide professional development for these artists and the region's wider artistic
ommunity. It also provides support and a box office facility to a variety of arts organisalions an¢J events.
Rural Arts Touring programrnes up to 100 perf0rrnan￿ and 20 participatory arts events a year in up lo 60
villages across Wittshire and South Gloucestershire. This Work is predominantly music and theatre based
although we occasionally programme comedyifilmlwsual arts. This work is produced in partnership with
volunteer promolers in Ihe 60 wllage$.
Festlvals. We operate kn¥0 festivals annually=
Bluè Sky Fostival (June) in ¥thich we programme mainty free family-focussed evenls. concenlrating on
music. crafts. theatre. theatre. comedy. visual arts and parhcipatory work. Workshop aclivity and work with
local schools feature heavity in this festival.
Magl¢ & Mayhem Festlval (November) in which we focus on Caba￿1. magic. mentslism, burl8soue, circus.
Ihealre, vbsual arts, vintage, an¢J dance. Th8 events in this festsval tske place in a Variety of venues in and
around Corsham, celebrating the historic nalure of the venues wlh performances and events.
Both Festivals lake place inlarourKI Cor5ham in a variety of veniie5. As well as The Pound arts c8ntr8 we
present work in Cor5ham Town Hall. St 8artholomew's Church. The Almshouses, Springfiehj Campus and
olhers. We strive to use our Festsval work to widen the reach of our programme beyond known allenders of
The Pound.
Public b•n•fit
When considefing the aims of the charity the trustees have had ￿8rd to the guidance issued by the Charity
Commission on public benefrt.
Page 2

The Poun
Arts Trust Limited
ort of the Trustees
for the Year Ended 31 March 2022
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Our missitrn is connecb.ng People Through Ctsativty. This is how we did this in 2021122.
2021122 saw us recovering from the impact of the Covid 19 Pandemic. The Pandemic has had a profound
impact on both our industry and the community we serve. The wider picture in the industry has seen a
dramati¢ fall In the number of people attending performances and participatory events. We are very pkased
Ihal our own performance tells a drfferenl Story. afthough of course the impact has still been significant,
especially in the c8pacily of the organisalion around areas like fundraising. which traditsonally underpin core
activity.
We have also continued lo deVelo￿d strands of aclivily which became crucial during the pandemic such as
digital work and work around using the arts lo support families in receipt of free school meab. The needs
within our community have attered during the pandemic and we have worked hard lo pivot lo respond to
these needs in 3 KK)silive manner.
The Trust conlinved to deliver across th￿e strands of work- The Pound Arts centre in Corsham, Rural Arts
Touring in Willshire & South Gbuceslershire and two annual Festivals (Blue Sky Festival in earty summer &
Magic 8nd Mayhem in November). 2021122 also marked Ihe end of our exlended fundin9 period with Arts
Council England through ils Nabonal Porlfolio scheme. We are delighted to report Ihat we have been
successful in applying lo be part of the next portfolio. securing funding until 2026, the kjngesl available
funding.
Our Performance work had many highlNJhls indu¢in9 perfomiances from class artists such as Cera
Dillon, Douglas Dare, Lou Sanders. Kalherine Roberts & Sean Lakeman, DrJohn Cooper Clarke, Emily
Barker and Sam Lee. We were aLso delighled lo have presented our longest ever run of a Christmas show
The Snow B&ast by Scratchworks Theatre. Overall. we sokl 9811 tickets.
Our Rural Touring programme was still severely impacted by the Pandemic. with a programme of smaller
bespoke events rather than the full programme of activity we would normally offer. This work though had
som8 noiable successès. including partnering with the National Rural Touiing Dance lniliab.ve to present
some astounding work I￿u￿1n9 Louder￿ Nol Always Clearer by influential Dldeal company Mr & Mrs Clark.
Our Creative Leaming work Continued lo erYJage kArge numbers of attendees140,110} across a range of art
forms and piojecls. This includes provKling fooNJ and activty for free school meal children under the both the
govemment's HAF scheme and our own project. This Interyenlion in our community represents an
investment in those in our community who a￿ in most negd.
We conlinued lo offer artisls the opportunty lo work in residence in order lo produce work which then
benefits the national and often inlemalional ecology. There were 18 such residencies in 2021122. We were
also able to commission 8 new pieces of work ourselves. Our residencylartist devebpmenl programme is the
most sonificant example in the area.
Reduced staff capacity due lo the pandem￿ saw us fall short of wr fundraising largel for the year, which had
on impact on our end ol year position but lunding was achteved to SUPPK)rt work with yourrfJ people. health
and wellbging work with okler people ano Ihe de¥ek)pment of a community garden.
2021122 was also 8 year which saw the organisatKJn drive hard towards achieving Net Zero as part of it's
Environmental Action Plan. Pound Arts has Strong aims to be an exemplar model of such work and
considerable developments happened this year wh￿h will strerbglhen our w)sits'on in coming years. This
includes energy saving work and the development of the community garO8n wh￿h is already having an
impact on the area and the Catering offer.
Our work sees us work in partnership with many organisations (arts and non-arlsl and vohJnteers_ This year
we worked with 215 volunleers for an eslimaled 5160 hours. The organisalion has 10 full time equivalent
staff and continues lo punch above rts weight in providing a world cla5S. thriving offer to its communities.
Page 3

FINANCIAL REVIEW
Financial po$ition
For the year ended 31 March 2022. the charity is reporting a def￿ of £79,14212021." surplus of £147.668).
Res•r¥es policy
11 is the policy of the charity that un￿SInC1ed funds which have not been designaled for a specific and arè
readily converted to cash (free reserves) use should be maintsined at a level equivalent lo at least Ihree
months running costs. At year end. free reserves were £91.213 and Ihe iarget level for reserves has been
determined lo be around £70,000. The Truslees last reviewed this Folicy in February 2022 and agreed that
this is still an appropriate level. The Tmstees ￿nsider that reserves at this level will ensu￿ that. in the event
of a significant drop in funding. Ihey will be able lo continue the charity's CU￿ent activities while Consideration
is given lo ways in which additional fur￿$ may L* raised. This *vel of reserves has been maintained
throughout Ihe year.
Page 3

The Pound Arts Trust LSM
ort of the Trust••s
forthe Year Endèd 31 March 202
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by rts goveming d￿￿￿ent. a deed of irusi. and consb"tuies a I￿nIted company.
limited by guaranlee, as defined by the Companies Act 2006.
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the
company and guarantee to contribute £1 in the event of a winding up.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
04789736 (England and Wales)
Registered Charity number
1102787
Registereql offi¢¢
The Pounij Arts Centre
Pound Pill
Corsham
Willshire
SN13 9HX
Trustses
J R Sanders Trustee Ireslgnefj 24.12.211
C Norman Trustee
L F Brown Trustee
K R Roynon Tiuslee
S A Dawes Trustee
E J Crarer Trustee
E V Callerall Trustee
A J Wallon Chair
M Robertson Trustee
A M Walters Trustee
A H F Shepherd Truslee (appointed 24.12.21}
Company Secretary
DR Tunney
Independent Examiner
Mandec Duffill
Chartefed AC￿untantS
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR
Page 4

The Pound Arts Trust Limlted
Re
ort of the Tru5tee5
for tht Yèar Ended 31 March 2022
TREASURER'S REPORT
2021122 has been a year of recovery foHowing the significant impact of the Covid 19 pandemic on activities
in 2020121. The incomè and expendifure in 2021122 therefo￿ appear quite drfferent to the prior year, wh￿h
was a hKJhly unusual one due lo the significantly reduced ￿ve1 of physical performances. The 2021122
accounts retlect the retufn of acttvities Ihrough increased box office and hire income. alihough box office
income was not fulty back to pre-pandemic levels. Expenditure on funded projects akn therefore increased
dnven by performer and artist lees. Other income in 2021122 was a one-off insurance claim receipt of
£25.000. Grants income a150 reduced wmpare¢J to Ihe prior year. nots'ng thal the prior year included
£55,000 Covid Fiecovery Fund income. As ¢Jes¢ribed above. reduced staff capacity had an impact on
fundraising.
The toial expendtiure includes depreciab.on of £43.209 ￿lating to the leasehold improvemenls. The income
for tho improvements has already been recognised in full in previous years therefore this contn'bules to the
deficit in the Ctl￿nI year of £79,142. The Trust conbnues to sel budgets based on a break*ven position.
excluding depreciation and other Th)n-cash adjustments.
Public fijnding of Ihe core activities of Ihe Tru51 has remained stable an¢Y Arts Council England funding has
been secured unlit 2026. The Trust is very grnleful for the lunds received from Arts Council Eng￿nd,
Willshire Council and Corsh8m Town Council. as well as for all other funds it receives both public and wivate
that enables Ihe organisation lo provK1e quality arts events for as many people as possible.
Approved by order of tre board of trustees on .
l L 21
- and signed on its behalf by..
A M Walters - Tr¥J5tee
Pa9e 5

Ind
nd nt Ex mln
r's Re
rt tothe Trustees of
The Pound Art5 Trust Limited
Independent exafflinerfs report to the trustees of The Pound Arts Trust Limited {Ihe Company'l
I report to the tharity trustees on my examination of acccmjnts of the Company for Ihe year ended
31 March 2022.
Responsibilities and basis of report
As the charity's trusiees of the Company (and a￿0 ts directors for the purposes of company Lqw) you are
responsible for Ihe preparalK)n of the accounls in aCC￿dan￿ wilh the requirements of ihe Companies Acl
20061.the 21))6 Act'l.
Having satisfied myseff that the ac¢ounts of the Company are not required to be audiled under Part 16 of the
2006 Act and are eligible for independent examination, I repcyl in respect of my examination of your charitys
accounts as carried out L%nder section 145 of the Charibes Act 2011 Ilhe 2011 Acl'l. In carrying out my
examination I have folk)wed the Directtons given by the Charity Commission under section 145151 {bl of the
2011 Acl.
Independent 8xamIne￿$ ststemènt
Since your charity's gTOSS income exceeded £250,000 your examiner musl be a member of a listed body. I
can confiim that l am qualified lo undertake the examination because l am a registered membe¥ of Inslilule
of Chartered Accountants in En9land and Wales wh￿h is one of the lisl8d bodies.
I have completed my examinalws. I confirm that no mallers have come to my attentp)n in connection with the
examination giving me cause to belie¥e-.
accounling records were not kept in resp8¢t of Ihe Company as requwed by section 386 of the 2006
Acl.. or
the accounts do not accord wilh tI￿se records.. LY
the accounts tjo not comply with the accounting ￿qUIrements ol section 396 of the 2006 Act other
than any requirement thai the accounts give a true and fair view whFch is not a matter considered as
part of an independent exan7inalion- OT
the accounts have not been prepaTed in accordance wth the methods aThJ principks of the Statement
of Recommended Practice for accounting and reports.ng by charities {appficabk to Charities pieparing
their accounts in accordance wlh the Financbal Reporting Siandard applicabk in the UK and Republic
of Ireland IFRS 1021).
I have no concern5 and have come across no other malters in conneclion wth the examination to which
attention should be drawn in this report in order to enable a w)per understanding of the accounts lo be
reached.
AJDaws
Inslilute of Chartered Accountsnts in Englan¢J 8nO Wales
Mander Duffill
Chartered Accountsnts
The Old Post Office
4143 Markel Place
Chlppenham
Vvillshire
SN15 3HR
21 9£cik4Uer ZU22
Dale:
Page 6

The Pound Arts Trust Limited
StatÈmÈnt of Financial Activltlès
for the Year Ended 31 March 2022
31.3.22
Total
funds
31.3.21
Total
funds
Unreslricted
funds
Reslricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacie5
5.836
5.836
124.143
Charitable activities
Funders
153,381
28,579
181.960
270.229
Other Irading activiks
Investrneni income
Other ￿cOMe
158,909
86
25,000
158.912
62,729
59
25,000
Total
343.212
28.$82
371.794
457.160
EXPENDITURE ON
Funded projects
125.292
27.455
152,747
65,904
Ch•ritable activities
Funders
500
Other
281.577
16.112
297.689
243,588
Total
407.369
43,567
450.936
309.492
NET INCOMEIIEXPENDITURE)
164.1571
114.985}
179,142)
147,668
RECONCILIATION OF FUNDS
Total funds brought forwanl
472,197
20,459
492.656
344,988
TOTAL FUNDS CARRIED FORWARD
408.040
5.474
413.514
492.656
The notes fomi part of these financial ststements
Page 7

Th Pound Arts Trust Llmlted
Balance Sheet
31 March 2022
31 3.22
Total
funds
31.3.21
Total
funds
Unrestricted
funds
Restricted
funds
FIXED ASs￿s
Tangible assets
316.827
316.827
357,826
CURRENT ASSETS
Debtors
Cash al bank and in hand
19.016
113.518
19,016
118.991
7,974
200,449
5.473
132.534
S.473
138.007
208,423
CREDITORS
Amounts falling due wrthin one year
10
141.320)
{41,3201
173,5931
NET CURRENT ASSETS
91.214
5.473
96,687
134.830
TOTAL ASSETS LESS CURRENT
LIABILITIES
408,041
5.473
413,514
492,656
NET ASSETS
408.041
5.473
413,514
492,656
FUNDS
Unrestricted ftjnds
Reslricled funds
408.041
5,473
472,197
20,459
TOTAL FUNDS
413.514
492.656
The Charitable company is enlitkd to exemplion from audit under sect￿ 477 of the Companies Acl 2￿6 for
th$ year ended 31 March 2022.
The mèmbers have not required Ihe ￿rnPany to obtain an audit of its financial stslemenls fcr the year ended
31 March 2022 ￿ accordance with Section 476 of the Companies Act 2(￿6.
The trustees acknowledge their responsibilits.es for
(al
ensuring that the charrtable company keeps aco)unting reeords Ihat cornpty with Sections 386 and
387 of the Companies Act 2006 an
Ibl preparing financi81 stslements which give è true and fair view of the stale of affairs of the charitsble
company as at Ihe end of each ffinancial year and of its surplus or deficit lor each financial year in
accordance with Ihe requiremenls of Sections 394 and 395 and which otherwise comply with the
requirements of the Companies Act 20(￿ relatsng to financial stsiements. so far as applicable to the
charitable company.
The notes form part ofthese finanual statements
Page 8
continued...

The Pound Arts Trust Limited
Balance Sheet- Continued
31 March 2022
These financial stslements have been prepared in accordan￿ wilh the provisions applKable to charitable
companies subject lo the small companies regime.
The finon¢ial statements were apwoved by the Board of Trustees and authorised for issue on
. and were signed on its beha￿ by..
alton Trustee
A M Walters- Trustee
The notes form part of these finanaal statements
Page 9

Th• Pound Arts Trust Llmlted
Notes to the Financial Ststements
for the Year Endèd 31 March 2022
ACCOUNTING POLICES
Basis of preparin9 the financial statements
The financial statements of the chanlable company. whith is a public benefit entty under FRS 102,
have been p￿pared in accoréance with the Charities SORP IFRS 1021 'Ac¢ounting and Reporting by
Charities." Stalement of Recommended Pra¢D"ce applicable to charrt*s p￿paring their accounts in
a¢¢ordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 leffeclive 1 January 20191.. Financial Reporting Standard 102 'The Financial Reporting Slandard
applic8ble In the UK and Republic ol Ireland. 8nd the Companies Act 2006. The financial stalemenls
have been prepared under the hislorical cost convent￿n.
Income
All income is recognised in the Statement of Financial Activttses once the charity has entitlemeftt to the
nds. it is probable that the trwme will be ￿¢erved and the amounl can be meaSu￿d reliably.
Expenditure
Li8bililies are recognised as expen¢Jiture as soon as there is 8 legal or consinjctive obli9ation
committing the charily to thal expenditure. il is probable that a transfer of e￿nOMiC benefils will be
required in seltkrnent and Ihe amount of the obligalion can be measuTed reliabty. Expenditu￿ is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to Ihè category. Where costs cannot be diieclly attribLJted to particuLqr headings they have
been allocat8d lo activities a basis consistent wilh the use of resources.
Tanglble flxeé assets
Depreciation is provi¢Yed at U)e followng annual rates in order to write off each asset over ils
estimated useful lrfe.
Improvements lo kasehold
Fixtures, fittings and equipment
Cornpuler equipment
10% on cost
20% on cost
25% on cost
Taxation
The charity is exempt from corporatim tsx on ils charitable activities.
Fund accounting
Unfeslricled funds can be used in accordance wilh the charilable objedives al the discretion of the
Iruslees.
Reslricled funds can onty be used lor parlicubr restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular reslricted
purposes.
Furtr+er expknation of the nature and purpose of each fund is inclucjed in the notes lo the financial
slalèments.
Pension costs and other po$t-retsr•ment benelits
The charilable company operates a defined contribution pension scheme. Contributions payable lo
the charitable company's pension scheme a￿ charged lo the Stalement of Financial Activities in the
period to whtch t￿Y rèkt8.
Page 10
continued...

The Pound Arts Trusl Limited
Notes to the Financial Statements continued
for the Yèar Endèd 31 March 2022
OTHER TRADING ACTNITIES
31.3.22
31.3.21
Box olfKe income
Facility hire
Gallery Sales
101,468
53,959
3,485
42,133
20,136
460
158.912
62.729
INVESTMENT INCOME
31.3.22
31.3.21
Deposit account interest
59
NET INCOMEIIEXPENDThUREI
N8t incomel{expenditure} is stated after Chargin￿((￿ed1ti￿J)'.
31 3.22
31.3.21
Dep￿cIall0n - owned assets
43,475
43,551
INDEPENDENT EXAMINERS. REMUNERATION
31.3.22
31.3.21
Fees payablè to the L*aritYs independent examiners for the
examination of the charity's financial Statements
Accountancy
1,682
1,538
1.211
1.089
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remunefatM)n or other beneffts for the year ended 31 Marth 2022 nor for the
year ended 31 March 2021.
Trustees, expenses
There were no tfuslees, expenses paid for the year ent1ed 31 March 2022 nor lor Ihe year ended
31 March 2021.
STAFF COSTS
The average monthty number of employees during Ihe year was as follows".
31.3.22
31.3.21
10
Employeès
No gmployees received emoluments in excess of £60.(KK).
Page11
continued...

TheP
Trust Limited
Noltrs to Ih? Financial Statemen
contlnued
for the Year Ended 31 March 2022
TANGIBLE FIXED ASSETS
FixtLJres.
rrttings
and
equipment
Improvements
to
leasehokl
Computèr
equipment
Totals
COST
At 1 Apiil 2021
Addilions
432.088
79.266
1.172
1.896
512,526
2.476
At 31 March 2022
432.088
79.846
3.068
515.002
DEPRECIATION
Al 1 April 2021
Charge for year
74.290
43,209
79.266
116
1,144
154,700
43.475
Al 31 March 2022
117.499
79.382
1,294
198,175
NET BOOK VALUE
At 31 March 2022
314,589
1,774
316827
Al 31 March 2021
357.798
28
357.826
DEBTORS.. AMOUNTS FALLING DUE wifHIN ONE YEAR
31.3.22
31.3.21
Trade debtors
Other debtors
Prepayments
5.196
5.999
7,821
1.388
6.086
500
19.016
7.974
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31 3.22
31.3.21
Trade credito
Social security and other taxes
Accrued expenses
29,371
2,602
9.347
68.418
2.875
2,300
41,320
73.593
Page 12
continued...

Th• Pound Arts Trust Limlted
Notes to the Financial Statement5 - continued
forthe Year Ended 31 March 2022
11. MOVEMENT IN FUNDS
Net
movemenl
in fvnds
Transfers
betsveen
fttnds
Al
31.3.22
At 1.4.21
Unre5trithd funds
General fund
Rural Arts T(￿ring
470,994
1,203
{64.156)
1.203
1,2031
408.041
472.197
{64.156)
408.041
Restricted funds
Oan¢ing through time
Silent Disco
In Sessions
Lottery Project
Nallonal Rural Tour Fonjm
PMLD Gostling Foundation
Friends of the garden
Unity Theatre
Jack Lane Trust
Free School Mgals
Big Draw
Spark 2022
Local Youth Ne￿Ork
Mothers Who Make
Groun(Jwork
Culture Welcomes Refugees
1.425
3.055
1.631
7.369
2.000
1.500
1.175
500
soo
892
412
{1.4251
{3.055)
{1.631)
{7,369)
(2.000)
{1.500)
{1.175)
15001
15001
18911
14121
1.900
2.962
500
50
60
1,900
2,962
500
20.459
14,986
5,473
TOTAL FUNDS
492.656
9.142)
413.514
Pa9e 13
continued...

The Pound Arts Trust Liffli
Notes to the Financial Statements - ¢ontinued
for the Year Ended 31 March 2022
11. MOVEMENT IN FUNDS - continued
Net movement iri funds, included in the al)ove are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unr*str*thd funds
General fund
343.212
(407.3681
{64.156)
Restricted funds
Danong through time
Silent Disco
In Sessions
Lottery Projed
National Rural Tour Forum
PMLD Gostlin9 Foundat
Friends of the garden
Unity Theal
Jack Lane Trusl
Free School MeaL%
Big Draw
Spark 2022
Local Youth Nelwork
Mothers Who Make
Sustainability & Resilience Project
Groundwork
Culture Welcomes Refvgees
FilmHub Cinema Ir￿ntsve Scheme
2.651
921
14,0761
13,9761
11,6311
17,3701
12,0001
11,5001
11,1751
15001
15001
{10.8911
17121
11.42SI
13,OSSI
11.631)
17,3691
12,0001
11,5001
11.1751
{5001
{500}
{891 }
{412)
1,900
2,962
10.000
300
4.250
500
11,288}
15,000)
1950)
60
1,999}
28,582
TOTAL FUNDS
371,794
450,936}
79.142}
Page 14
continued...

The Pound Arts Twst Llmltsd
14ot•s to the Financial Statements - continued
for thè Y•ar Ended 31 March 2022
11. MOVEMENT IN FUNDS - ¢ontinued
Comparatives for movement in funds
Net
movement
in funds
Transfers
beiween
funds
At 1.4.20
31.3.21
Unr•strict•d funds
General fund
Rural Arts Touring
Renovations
306,662
1.203
37,123
70.852
93.480
470,994
1.203
37.1231
344.988
70,852
56,357
472,197
Re$tri¢ted fund$
Reriovations
- Dancing through lime
Silent Disco
In Sessions
Lottery Project
National Rural Tour FonJm
PMLD Goslling Foundat
Friends of the garden
Unity Theatre
Jack Lane Trust
Freo Sch¢)ol Meals
Big Draw
61,502
16651
(61,5021
2,090
3,055
1.425
3,055
1,631
7,369
2,000
1,500
1,175
500
500
892
412
1.631
7.369
2.000
1.175
500
500
892
412
76,816
56.357
20.459
TOTAL FUNDS
344,988
147.668
492.656
Comparative net movement in fvjnds. included in the above are as folows..
Incomin9
resources
Resources
expended
Movement
in funds
Unrostricted fund$
General fund
374.781
1303,929)
70.852
Ro$tri¢tod fvnds
Renovations
Dancing through b'me
In Se$s￿n$
Lottery Proieet
National Rural ToLsr Forum
Vvill Lawton
PMLD GostlirvJ Foundat
Friends of the garden
Unity Theatre
Jack Lane Tnjsl
Free School Meals
Big Draw
61.502
61,502
16651
1,631
7,369
2,000
16651
17541
12,6861
2,385
10,055
50Q
(S￿}
1.500
1,175
500
500
892
412
1,175
500
500
1,S12
750
16201
13381
82.379
76.816
TOTAL FUNDS
457.160
{309.492}
147,668
Page 15
continued...

The P¢)und Arts Trust Limited
Notes to the Financial StatÈmÈnts . ¢ontinued
for the Year Ended 31 March 2022
12. RELATED PARTY DISCLOSURES
Pound Arts Trading Communty Inte￿$t Company is a company lirnf(ed by guarantee which has the
fdlowing Irustees as directors..
K R Roynon
A J Walton
S A Dawes
Recharged expenditu￿ received of £5,866 12021.. £5.1721 and recharged purchases of £12.922
12021.. £3,154> were made to P04Jnd Arts Trading Community Interest Company during the year. Al
the year end Pound Arts Trading Community Interest Company owed Pounds Arts Trust Ltd £5,702
12021.. £6.0861.
No donations were received in the year12021- £3.125) from Pound Arts Trading Community Interest
Company.
Page 16

The Pound Arts Trust Liml
etailed Statement of Finan¢tal Activities
for the Year Endèd 31 March 2022
31.3.22
31.3.21
INCOME AND ENDOWMENTS
Donations and l&gaci¢$
Donations
Grants
5.720
116
33,382
,761
5.836
124.143
Other trading activities
Box office income
Facility hire
Gallery Sales
101,468
53,959
3.485
42,133
20,136
460
158.912
62.729
In¥e$tmtnt income
Deposit account interest
86
59
Charitsble activitie8
Funders
181.960
270.229
Other income
Insurance Claims
25.000
Total incoming rèsources
371.794
457.160
EXPENDITURE
Expenditurè on activities. donations and legaci•s
Performef and artists fees
Gallery purchases
Postage and stslFonery
Sundries
Creative leamin9
Film fees and expenses
Marketing
129.310
2.207
52.318
1,043
556
4,595
860
753
6,613
4,370
5.497
147.997
6Q.136
Charftable a¢¢lvRles
Donation to charily
500
Support costs
Finance
Booking and b8nk charges
8.327
8,370
Govemance costs
Wages
Pensions
Carried fO￿ard
t83,(￿8
2.￿1
185.969
145,957
2.888
148.845
This page does not foTrn part of the statutory financial statements
Page 17

The Pound Arts Trust Llmfited
Dèlailed Statement of Financial Actlvitle$
for th• Yèar Ended 31 March 2022
31.3.22
31.3.21
Govèrnancè costs
Brought YO￿ard
Independent examinalion fee
Accountancy
Rates and water
Insuran
Light and heal
Telephone
185,969
1,682
1,538
3,714
2,189
15,133
1,682
148.845
1.211
1.089
3.444
1.898
9.412
1.239
L il
Postsge and stslionery
Sundries
Marketing
Administrative expenses
Computer costs
Staff and trustee tratning
Subscriplions
Repairs and renew815
Depreciab'on of tsngIb￿ fixed assets
1,123
8.366
9.228
2.212
4,499
1.921
998
10,383
43.475
626
5,277
5,597
1.521
2.350
577
6.478
7,872
43,550
294.112
240,986
Total resources exFende
450.936
309,492
Net lexpenditureifincome
79.142)
147.668
This page does not form part of the statutory finanaal statemen15
Page 18