| Page | |||||
|---|---|---|---|---|---|
| Report ofthe | Trustees | 1 | to | 5 | |
| Independent | Examiner's | Report | |||
| Statement of | Financial | Activities | |||
| Balance Sheet | 8 | to | 9 | ||
| Notes to the | Financial Statements | 10 | to | 17 | |
| Detailed Statement ofFinancial Activities | 18 | to | 19 |
| for t | he Year E | nded 31 March | 2023 | ||||
|---|---|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | 6 | E | f | 5 | |||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
8,746 | 8,746 | 5,836 | ||||
| Charitable activities |
|||||||
| Fundere | 151,894 | 3,968 | 155,862 | 181,960 | |||
| Capital Grants | 36,834 | 36,834 | |||||
| Other trading activities |
2 | 247,094 | 247,094 | 158,912 | |||
| Investment income |
3 | 237 | 237 | 86 | |||
| Other income | 25,000 | ||||||
| Total | 407,971 | 40,802 | 448,773 | 371,794 | |||
| EXPENDITURE ON | |||||||
| Funded projects |
170,669 | 1,956 | 172,625 | 147,997 | |||
| Charitable activities |
|||||||
| Funders | 500 | ||||||
| Other | 362,252 | 362,252 | 302,439 | ||||
| Total | 532,921 | 1,956 | 534,877 | 450,936 | |||
| NET INCOME/(EXPENDITURE) Transfers between funds |
11 | (124,950) ~65) |
38,846 65 |
(86,104) | (79,142) | ||
| Net movement in funds |
(125,015) | 38,911 | (86,104) | (79,142) | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 408,041 | 5,473 | 413,514 | 492,656 | ||
| TOTAL FUNDS CARRIED FORWARD | 283,026 | 44,384 | 327,410 | 413,514 |
| 31.3.23 | 31.3.22 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | F | 6 | 6 | |||
| FIXEDASSETS | ||||||
| Tangible assets | 8 | 265,647 | 36,899 | 302,546 | 316,827 | |
| CURRENT ASSETS | ||||||
| Debtors | 9 | 15,469 | 15,469 | 19,016 | ||
| Cash at bank and | in hand | 88,236 | 7,485 | 95,721 | 118,991 | |
| 103,705 | 7,485 | 111,190 | 138,007 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
10 | (86,326) | (86,326) | (41,320) | ||
| NET CURRENT ASSETS | 17,379 | 7,485 | 24,864 | 96,687 | ||
| TOTAL ASSETS | LESSCURRENT | |||||
| LIABILITIES | 283,026 | 44,384 | 327,410 | 413,514 | ||
| NET ASSETS | 283,026 | 44,384 | 327,410 | 413,514 | ||
| FUNDS | ||||||
| Unrestricted funds |
283,026 | 408,041 | ||||
| Restricted funds | 44,384 | 5,473 | ||||
| TOTAL FUNDS | 327,410 | 413,514 |
| OTHER 'TRA | DING ACTI | VI'T | IES | |||
|---|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||||
| Boxoffice income | 175,854 | 101,468 | ||||
| Facility hire | 67,221 | 53,959 | ||||
| Gallery Sales | 4,019 | 3,485 | ||||
| 247,094 | 158,912 | |||||
| INVESTMENT INCOME | ||||||
| 31.3.23 | 31.3.22 | |||||
| 6 | ||||||
| Deposit account interest | 237 | 86 | ||||
| NET INCOME/(EXPENDITURE) | ||||||
| Net income/(expenditure) | is | stated after charging/(crediting): | ||||
| 31.3.23 | 31.3.22 | |||||
| E | F | |||||
| Depreciation | -owned assets | 51,180 | 43,475 | |||
| AUDITORS' | REMUNERATION | |||||
| 31.3.23 | 31.3.22 | |||||
| Fees payable to the charity's financial statements |
auditors | for the audit ofthe charity's | 1,579 | 1,682 | ||
| Accountancy | 1,457 | 1,538 |
| The average monthly number ofemployees |
during the year was as follows: |
|
|---|---|---|
| 31.3.23 | 31.3.22 | |
| Employees | 11 | 11 |
| 8. | TANGIBLE FIXEDASS | E | TS | ||||
|---|---|---|---|---|---|---|---|
| Fixtures | |||||||
| Improvements | fittings | ||||||
| to | and | Computer | |||||
| leasehold F |
equipment | equipment f |
Totals F |
||||
| COST | |||||||
| At 1 April 2022 | 432,088 | 79,846 | 3,068 | 515,002 | |||
| Additions | 36,899 | 36,899 | |||||
| At 31 March 2023 | 432,088 | 116,745 | 3,068 | 551,901 | |||
| DEPRECIATION | |||||||
| At 1 April 2022 | 117,499 | 79,382 | 1,294 | 198,175 | |||
| Charge for year | 43,209 | 7,496 | 475 | 51,180 | |||
| At 31 March 2023 | 160,708 | 86,878 | 1,769 | 249,355 | |||
| NET BOOK VALUE | |||||||
| At 31 March 2023 | 271,380 | 29,867 | 1,299 | 302,546 | |||
| At 31 March 2022 | 314,589 | 464 | 1,774 | 316,827 | |||
| 9. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 31.3.23 | 31.3.22 | ||||||
| Trade debtors | 7,899 | 5,196 | |||||
| Other debtors | 6,507 | 5,999 | |||||
| Prepayments | 1,063 | 7,821 | |||||
| 15,469 | 19,016 | ||||||
| 10. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 31.3.23 | 31.3.22 | ||||||
| f | 6 | ||||||
| Trade creditors | 55,538 | 29,371 | |||||
| Social security and other | taxes | 2,863 | 2,602 | ||||
| Accrued expenses | 27,925 | 9,347 | |||||
| 86,326 | 41,320 |
| MOVEMENT IN FUN |
DS | |||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.4.22 | in funds | funds | 31.3.23 | |||
| F | ||||||
| Unrestricted funds |
||||||
| General fund |
408,041 | (125,950) | (65) | 282,026 | ||
| Corsham Town Council |
- Coronation | 500 | 500 | |||
| Corsham Town Council |
- Taste | Festival | 500 | 500 | ||
| 408,041 | (124,950) | (65) | 283,026 | |||
| Restricted funds | ||||||
| Free School Meals | 1 | (1) | ||||
| Spark 2022 Local Youth Network |
1,900 2,962 |
100 (1,905) |
2,000 1,057 |
|||
| Mothers Who Make | 500 | 500 | ||||
| Groundwork | 50 | (50) | ||||
| Culture Welcomes Refugees | 60 | 788 | 848 | |||
| Shlomo 2023 | 900 | 900 | ||||
| Building Improvement LED Lighting |
AB | 2,180 36,834 |
65 | 2,180 36,899 |
||
| 5,473 | 38,846 | 65 | 44,384 | |||
| TOTAL FUNDS | 413,514 | ~86,104) | 327,410 | |||
| Net movement in funds, |
included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| F | 6 | F | ||||
| Unrestricted funds |
||||||
| General fund |
406,971 | (532,921) | (125,950) | |||
| Corsham Town Council |
- Coronation | 500 | 500 | |||
| Corsham Town Council |
- Taste | Festival | 500 | 500 | ||
| 407,971 | (532,921) | (124,950) | ||||
| Restricted funds | ||||||
| Free School Meals | (1) | (1) | ||||
| Spark 2022 Local Youth Network |
100 | (1,905) | 100 (1,905) |
|||
| Groundwork | (50) | (50) | ||||
| Culture Welcomes Refugees | 788 | 788 | ||||
| Shlomo 2023 | 900 | 900 | ||||
| Building Improvement |
AB | 2,180 | 2,180 | |||
| LED Lighting | 36,834 | 36,834 | ||||
| 40,802 | ~1,956) | 38,846 | ||||
| TOTAL FUNDS | 448,773 | (534,877) | ~86,104) |
| Comparatives for movement in fun |
ds | |||
|---|---|---|---|---|
| Net | Transfers | |||
| movement | between | At | ||
| At 1.4.21 6 |
in funds E |
funds | 31.3.22 f |
|
| Unrestricted funds |
||||
| General fund Rural Arts Touring |
470,994 1,203 |
(64,156) | 1,203 ~1,203) |
408,041 |
| 472,197 | (64,156) | 408,041 | ||
| Restricted funds | ||||
| Dancing through time |
1,425 | (1,425) | ||
| Silent Disco | 3,055 | (3,055) | ||
| In Sessions | 1,631 | (1,631) | ||
| Lottery Project | 7,369 | (7,369) | ||
| National Rural Tour Forum |
2,000 | (2,000) | ||
| PMLD Gostling Foundation |
1,500 | (1,500) | ||
| Friends ofthe garden | 1,175 | (1,175) | ||
| Unity Theatre | 500 | (500) | ||
| Jack Lane Trust | 500 | (500) | ||
| Free School Meals | 892 | (891) | 1 | |
| Big Draw | 412 | (412) | ||
| Spark 2022 | 1,900 | 1,900 | ||
| Local Youth Network | 2,962 | 2,962 | ||
| Mothers Who Make | 500 | 500 | ||
| Groundwork | 50 | 50 | ||
| Culture Welcomes Refugees | 60 | 60 | ||
| 20,459 | ~14,986) | 5,473 | ||
| TOTAL FUNDS | 492,656 | ~79,142) | 413,514 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended f |
in funds | ||
| Unrestricted funds |
||||
| General fund |
343,212 | (407,368) | (64,156) | |
| Restricted funds | ||||
| Dancing through |
time | 2,651 | (4,076) | (1,425) |
| Silent Disco | 921 | (3,976) | (3,055) | |
| In Sessions | (1,631) | (1,631) | ||
| Lottery Project | 1 | (7,370) | (7,369) | |
| National Rural Tour Forum |
(2,000) | (2,000) | ||
| PMLD Gostling | Foundation | (1,500) | (1,500) | |
| Friends ofthe garden | (1,175) | (1,175) | ||
| Unity Theatre | (500) | (500) | ||
| Jack Lane Trust | (500) | (500) | ||
| Free School Meals | 10,000 | (10,891) | (891) | |
| Big Draw | 300 | (712) | (412) | |
| Spark 2022 | 1,900 | 1,900 | ||
| Local Youth Network | 4,250 | (1,288) | 2,962 | |
| Mothers Who Make | 500 | 500 | ||
| Sustainability 8 |
Resilience Project | 5,000 | (5,000) | |
| Groundwork | 1,000 | (950) | 50 | |
| Culture Welcomes Refugees FilmHub Cinema Incentive Scheme |
60 1,999 |
~1,999) | 60 | |
| 28,582 | ~43,568) | ~14,986) | ||
| TOTAL FUNDS | 371,794 | ~450 936) | ~79,142) |
| A current year | 12 mon | ths and prior year 1 |
2 months combin |
ed position is |
as follows: | |
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.4.21 | in funds | funds | 31.3.23 | |||
| E | E | E | 8 | |||
| Unrestricted funds |
||||||
| General fund |
470,994 | (190,106) | 1,138 | 282,026 | ||
| Rural Arts Touring | 1,203 | (1,203) | ||||
| Corsham Town |
Council - Coronation | 500 | 500 | |||
| Corsham Town |
Council - Taste Festival | 500 | 500 | |||
| 472,197 | (189,106) | (65) | 283,026 | |||
| Restricted funds | ||||||
| Dancing through |
time | 1,425 | (1,425) | |||
| Silent Disco | 3,055 | (3,055) | ||||
| In Sessions | 1,631 | (1,631) | ||||
| Lottery Project | 7,369 | (7,369) | ||||
| National Rural Tour Forum |
2,000 | (2,000) | ||||
| PMLD Gostling | Foundation | 1,500 | (1,500) | |||
| Friends ofthe garden | 1,175 | (1,175) | ||||
| Unity Theatre | 500 | (500) | ||||
| Jack Lane Trust | 500 | (500) | ||||
| Free School Meals | 892 | (892) | ||||
| Big Draw | 412 | (412) | ||||
| Spark 2022 | 2,000 | 2,000 | ||||
| Local Youth Network | 1,057 | 1,057 | ||||
| Mothers Who Make | 500 | 500 | ||||
| Culture Welcomes Refugees | 848 | 848 | ||||
| Shlomo 2023 | 900 | 900 | ||||
| Building Improvement |
AB | 2,180 | 2,180 | |||
| LED Lighting | 36,834 | 65 | 36,899 | |||
| 20,459 | 23,860 | 65 | 44,384 | |||
| TOTAL FUNDS | 492,656 | (165,246) | 327,410 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| F | E | F | |||
| Unrestricted funds |
|||||
| General fund |
750,183 | (940,289) | (190,106) | ||
| Corsham Town |
Council - Coronation | 500 | 500 | ||
| Corsham Town |
Council - Taste Festival | 500 | 500 | ||
| 751,183 | (940,289) | (189,106) | |||
| Restricted funds | |||||
| Dancing through |
time | 2,651 | (4,076) | (1,425) | |
| Silent Disco | 921 | (3,976) | (3,055) | ||
| In Sessions | (1,631) | (1,631) | |||
| Lottery Project | (7,370) | (7,369) | |||
| National Rural Tour Forum |
(2,000) | (2,000) | |||
| PMLD Gostling | Foundation | (1,500) | (1,500) | ||
| Friends ofthe garden | (1,175) | (1,175) | |||
| Unity Theatre | (500) | (500) | |||
| Jack Lane Trust | (500) | (500) | |||
| Free School Meals | 10,000 | (10,892) | (892) | ||
| Big Draw | 300 | (712) | (412) | ||
| Spark 2022 | 2,000 | 2,000 | |||
| Local Youth Network | 4,250 | (3,193) | 1,057 | ||
| Mothers Who Make | 500 | 500 | |||
| Sustainability 8 |
Resilience Project | 5,000 | (5,000) | ||
| Groundwork | 1,000 | (1,000) | |||
| Culture Welcomes Refugees | 848 | 848 | |||
| FilmHub Cinema |
Incentive Scheme | 1,999 | (1,999) | ||
| Shlomo 2023 | 900 | 900 | |||
| Building Improvement |
AB | 2,180 | 2,180 | ||
| LED Lighting | 36,834 | 36,834 | |||
| 69,384 | ~45,524) | 23,860 | |||
| TOTAL FUNDS | 820,567 | (985,813) | (165,246) |
| fo | r the Year Ended 31 March |
2023 | ||
|---|---|---|---|---|
| 31.3.23 f |
31.3.22 6 |
|||
| INCOME AND ENDOWMENTS | ||||
| Donations and |
legacies | |||
| Donations | 8,746 | 5,720 | ||
| Grants | 116 | |||
| 8,746 | 5,836 | |||
| Other trading activities |
||||
| Boxoffice income | 175,854 | 101,468 | ||
| Facility hire | 67,221 | 53,959 | ||
| Gallery Sales | 4,019 | 3,485 | ||
| 247,094 | 158,912 | |||
| Investment income |
||||
| Deposit account | interest | 237 | 86 | |
| Charitable activities |
||||
| Funders | 155,862 | 181,960 | ||
| Grant income | 36,834 | |||
| 192,696 | 181,960 | |||
| Other income | ||||
| Insurance Claims |
25,000 | |||
| Total incoming | resources | 448,773 | 371,794 | |
| EXPENDITURE | ||||
| Expenditure on |
activities, donations | and legacies | ||
| Performer and artists fees |
156,995 | 129,310 | ||
| Gallery purchases | 2,423 | 2,207 | ||
| Creative learning |
6,647 | 6,613 | ||
| Film fees and expenses | 6,560 | 4,370 | ||
| Marketing | 5,497 | |||
| 172,625 | 147,997 | |||
| Charitable activities |
||||
| Donation to charity |
500 | |||
| Support costs | ||||
| Finance | ||||
| Booking and bank charges | 10,972 | 8,327 | ||
| Governance costs |
||||
| Wages | 181,872 | 183,068 | ||
| Carried forward | 181,872 | 183,068 |
| Detailed Statement of Fina for the Year Ended 31 |
ncial Activities March 2023 |
||
|---|---|---|---|
| 31.3.23 | 31.3.22 | ||
| Governance costs | |||
| Brought forward | 181,872 | 183,068 | |
| Pensions | 2,984 | 2,901 | |
| Independent examination |
fee | 1,579 | 1,682 |
| Accountancy | 1,457 | 1,538 | |
| Rates and water | 10,746 | 3,714 | |
| Insurance | 2,263 | 2,189 | |
| Light and heat | 23,919 | 15,133 | |
| Telephone | 1,984 | 1,682 | |
| Postage and stationery | 339 | 1,123 | |
| Sundries | 8,667 | 8,366 | |
| Marketing | 41,360 | 9,228 | |
| Administrative expenses |
1,797 | 2,212 | |
| Computer costs | 6,492 | 4,499 | |
| Staff and trustee training | 3,244 | 1,921 | |
| Subscriptions | 5,657 | 998 | |
| Repairs and renewals | 5,740 | 10,383 | |
| Depreciation of tangible |
fixed assets | 51,180 | 43,475 |
| 351,280 | 294,112 | ||
| Total resources expended | 534,877 | 450,936 | |
| Net expenditure | ~86,104) | ~79,142) |