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|||Page|
|---|---|---|
|Report ofthe Trustees||1-5|
|Examiners'|Report||
|Statements|of Financial Activities||
|Balance Sheet|||
|Notes to the|Financial Statements|9-14|
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|||Unmslricted||||||
|---|---|---|---|---|---|---|---|
|||Funds|Restricted|||||
||IUgtess|General|Funds|||Ig(UI||
|||2022|ZIRZ||||2022|
|||E|||E||E|
|INCOMING RESOURCES||||||||
|Activities
In furtherance
ofthe||||||||
|chaflty's
obJecls:||48,MO|160||48,820||47,880|
|Other Income||21||||21|4,821|
|Investment
income|||||||97|
|TOTAL INCOMING RESOURCES||48,681|180||48,841||62,578|
|RESOURCES EXPENDED||||||||
|Cost ofgenerating
funds:||||||||
|Fundreising
and PubUdty||||||||
|Charitable
expenditure:||||||||
|Direct charitable
expenditure|4'|64,122|||84,|122|54,008|
|Management
and Administration||||||||
|of the Charity|5|13,448|||13,448||7,318|
|TOTAL RESOURCES EXPENDED||77,570|||77,570||61,326|
|NET INCOMING/(OUTGOING)||(28,889)||160|(28,729)||(8,748)|
|RESOURCES FOR THE YEAR BEFORE||||||||
|TRANSFERS AND REVALUATIONS||||||||
|Tolal funds brought
forward at 1 AprU 2021||73,436|7,639||81,075||89,823|
|TOTAL FUNDS CARRIED FORWARD||||||||
|AT 31 MARCH 2022||44,547|7,799||52,348||81,075|
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|||Sgjtrs|~2|2021|
|---|---|---|---|---|
|FIXEDASSETS|||f|r.|
|Tangible Assets||8|7|11|
|CURRENT ASSETS|||||
|Debtors|||1,966|8,836|
|Cash et Bank and|In Hand,||68,577|80,879|
||||60,543|87,714|
|CREDITORS:|||||
|Amounts
falling due within one year||10|(8,204)|(6,651)|
|NET CURRENT ASSETS:|||52,339|81,063|
|NET ASSETS|||52,348|81,074|
|UNRESTRICTED FUNDS|||||
|General Funds||11|44,547|73,436|
|RESTRICTED|FUNDS||||
|Restrlded
Fund||11|7,799|7,639|
||||52,346|81,075|
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||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|
||||Funds|Funds|||
||||2022|2022||2021|
||||8|f||6|
||Studio rents||34,348||34,348|36,832|
||Members fees||9,281||9,281|10,018|
||Sale ofworks||614||614||
||Education fees received|||||10|
||We create Market|||||801|
||40th Anniversary|fund|1,625||1,825||
||GASP|||160|160||
||Studio project 1||2,534||2,534||
||PAT Testing||357||357||
||||48,660|160|48,820|47,660|
|3.|OTHER INCOME||||2022||
||||||f|6|
||Sundry||||21||
||Covld coundl grant|||||4,821|
||||||21|4,821|
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|||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|||
||||||2022|2022|200|
|||||f|8|f|f|
||Studio manager|||23,097||23,097|15,191|
||Members
artwork|||319||319||
||We create Market||||||779|
||Ace expense||||||1,536|
||40th anniversary|fund||5,042||6,042||
||Studio 1 project|||1,804||1,804||
||Rent|||9,687||9,587|9,192|
||Rates|||330||330|651|
||Light and heat|||8,653||8,653|8,676|
||Repairs and maintenance|||7,408||7,408|1,897|
||Cleaning|||3,016||3,018|1,552|
||Depreclagon
ofequipment|||4||4|243|
||Leasehold
write off||||||10,072|
||PAT testing|||370||370||
||Insurance|||4,492||4,492|4,319|
||Meeting costs|||||||
|||||84,122||64,122|54,008|
|5.|MANAGEMENT||AND ADMINISTRATION|OF THE CHARITY||||
|||||Unrestricted|Restricted|~T||
|||||5tt rxfs|Fdfggff|~20|~202|
|||||f|f||f|
||Accountancy|||330||330|300|
||Book-keeping|||2,346||2,346|2,526|
||Consultancy
fee|||7,575||7,575|220|
||Advertising
and marketing|||427||427|900|
||Telephone,
Internet||and postage|2,562||2,562|2,616|
||Sundry expenses|||85|||42|
||Stationery|||123||123|714|
|||||13,448||13,448|7,318|
|||||||2jj22|2021|
||StafCosts:|||||2|8|
||Wages and Salaries|||||22,919|15,706|
||Pension costs|||||178|(514)|
|||||||23,097|16,192|
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||The average|weekly|number ofemployees|during the year, calculated|on the basis of full time equivalent.||
|---|---|---|---|---|---|---|
||||||~02|~22|
||Staff manager||||||
|Ek|OPERATING SURPLUS||||||
||The operafing|surplus|Isstaled after charging:||||
||||||2QZZf|2021
f|
||Accountancy||||330|300|
||Depreciation|of tangible fixe assets|||4|10,315|
||Directors emoluments||and other benefits|etc|||
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|TANGIBLE FIXEDASSETS||||||||
|---|---|---|---|---|---|---|---|
||Leasehold|Computer||||||
|||~Eui|men|~Eul|||TgLais|
||||L'||f||f|
|COSTNALUATION||||||||
|At 1 Aprfi 2021|60,432||6,590||6,190||73,212|
|Additions||||||||
|ffisposals||||||||
|At 31 March 2022|60,432||6,590||8,190||73,212|
|DEPRECIATION||||||||
|At 1 Apnl 2021|60,432||6,589||6,180||73,201|
|Charge for Year||||||4|4|
|On disposal||||||||
|At 31 March 2022|60,432||6,589||6,184||73,206|
|NET BOOK VALUES||||||||
|At 31 March 2022||||||6|7|
|At 31 March 2021||||||10|11|
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|9.|DEBTORS|||||
|---|---|---|---|---|---|
||Trade debtors - Members fees/rents
outstanding|||(292)|6,002|
||Prepayments
- service plans such|as gfl/alarm|maintenance|579|669|
||Other debtors
—PAYE|||1,679|174|
|||||t,gee|6,835|
||There were no amounts
fslgng due after more than one year.|||||
|10.|CREDITORS: AMOUNTS|FALLING|DUE WITHIN ONE YEAR|||
|||||2022||
|||||8||
||Sundry credhors and accrued expenses|||900|870|
||Members
retrsnebte
deposits|||6,888|4,548|
||Wages and PAYE|||416|1,233|
|||||8,204|6,661|
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|11.|STATEMENT|STATEMENT|OF FUNDS|OF FUNDS||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Balance st|Incoming||Outgoing|Balance at|
|||||||||s||
|||||||F||f||
||Unrestricted
Funds|||||||||
||General funds||||73,436|48,681||(77,670)|44,547|
||Leasehold|improvements||||||0||
||Total Unrestricted|||Funds|73,438|48,681||(77,670|44,647|
||Restricted|Funds||||||||
||GASP||||1,092||IBD||1,252|
||Gsnfsn pm(ect||||720||||720|
||APO||||568||||588|
||We Create|Market|||22||||22|
||Lakeside||||4,041||||4,041|
||Buys||||1,196||||1,196|
||Total Restricted||Funds||7,639||IBD|0|7,799|
||TotalFunds||||81,075|48,641||P7,570|52 346|
||ASSETS|OF THE FUNDS||||||||
||||||Tangible|||||
||Unrestricted|General||Fund||63,865||(1,316)|62,346|
||Restricted General||Fund|||6,888||(6,888)||
||||||7|80,543||8,204|62,348|
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