2022-03-31-accounts - Intoart Projects

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.Pubiicalion~ — ~ Partner exhibitions	~1/Acyl —in progress to -Target Minimum 2/Actual 6	bepubhs~unched	in Ju	ne 2022
Exhibitions and Events	over the year
eptember 2621
eptember	eckham Fes5val —ExhibTiion and Pop-Up Copeland		Gallery
epternber - Jan	Royal Academy - Group display	of prints and Mawuena Kattah ceramics
ebruary 2622	ollect 2922Somerset House -	CIifton Wright and Christian		Ovonlen
	aotball Art Prize —Touchstones,	Rochdale - Uduehi	Imienwanrin

Transactions and financial position
The Statement ofFinancial Activities revenue nature off11,159(prior year	shows net incoming resources f84,011}.		for the year ofa
The total charity funds stand at8140,257, (prior year 8129,098).
Share Capital
The company is limited by guarantee	and therefore has no	share capital.
The trustees, who are also the directors for the purpose ofcompany up tothe date ofsignature ofthe financial stateinents were.			law, and who served during the year and
Alison Love - Chair to 16June 2021	(Resigned	16June	2021)
Betty Jackson CBE	(Resigned	16June	2021)
Lindy ShuNebotham
Catherine Winn
Giorgina l3janogly	(Resigned	16June	2021)
Rosie Cooper
Nicola Dewar - Chair from 16June 2021
Laura Smith
Victoria Farrow	(Appointed	21 July	2021)
James Hood	(Appointed	21 July	2021)
Felicity Sutherland	(Appointed	21 July	2021)
Ella Roeg	(Appointed	21 July	2021)
Jennifer Orgill	(Appointed	21 July	2021)

Current Snancial year
	Unrestricted Unrestricted		Restricted	Total	Total
	funds	funds	funds
	general	designated
	2022	2022			2021
Notes	K
Income from:
Donations and legacies	146,592		89,330	235,922	220,556
Charitable activities	22,606	9,634		32,240	23,087
Total income			89,330	268,162	243,643
E enditure on:
Charitable acbvities	147,860	54,615	54,528	257,003	159,632
Net incoming resources before transfers	21,338	(44,981)	34,802	'l'f,159	84,011
Gross transfers between funds	{20,000)	20,000
Net income forthe year/
Net movement in funds	1,338	(24,981)	34,802	11,159	84,011
Fund balances at 1 April 2021	20,113	101,715	7,270	129,098	45,087
Fund balances at31March 2022	21,451	76,734	42,072	140,257	129,098

Activities for generating funds
Arhvork and product sales
Analysis by fund
Unrestricted funds - general
Unrestricted funds - designated

		2022	2021
Staff costs		112,352	93,125
Depreciation	and impairment	619	619
Charitable expenditure		82,063	31,214
		195,034	124,958
Share ofsupport costs (see note 6) Share ofgovernance costs (see note 6)		60,372 1,597	31,229 3,445
		257,003	159,632
Analysis by	fund
Unrestricted	funds - general	147,860	97,079
Unrestricted	funds - designated	54,615	53,473
Restncted funds		54,528	9,080
		25?,003	159,632

	2022	2021
	Number	Number
Engaged in charitable activities
Employment costs	2022	2021
Wages and salaries	103+62	85,675
Social security costs	6,560	5,171
Other pension costs	2,530	2,279
	112,352	93,125

8	Employees							(Continued)
	There were	no employees		whose annual	remuneration	was more than f60,000.
9	Tangible fixed assets
							Plarrt	and eqciipmsnt
	Cost
	At 1April 2021							3,096
	At31 March	2022						3,096
	Depreciation	and impairment
	At 1April 2021 Depreciation charged		in the year					1,857 619
	At 31 March	2022						2,476
	Carrying amount
	At31 March	2022						620
	At31March	2021
10	Stocks
							2022	2021
	Finished goods and goods			for resale			5,975
11	Debtors
								2021
	Amounts falling due		within one year:
	Trade debtors Prepayments	and accrued		income			11,234 7,319	2,208 9,096
							18,553	11,304

12	Creditors: amounts	falling	due within one year
				Notes
	Deferred income				20,000
	Trade creditors					275
	Other creditors				588	120
	Accruals and deferred	income			5,187	1,973
					25,775	2,368
13	Deferred income
						2021
	Other deferred income				20,000
	Deferred income isinduded		in the financial statements as follows
					2022	2021
	Deferred income is induded		within.
	Current liabilities				20,000
	Movements in the year:
	Deferred income at 1	April 2021
	Resources deterred in the year				20,000
	Deferred income at 31 March		2022		20,000

			Movement	in funds
		Balance at 1	incoming	Resources	Balance at31
		April 2021	resources	expended	March 2022
				R
Paul Hamlyn	Foundation		40,000	(1,975)	38,025
City Bridge Trust Grocers Hall		2,270 5,000	49,330	(47,553) (5,000)	4,047
		7,270	89,330	(54,528)	42,072

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