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2022-03-31-accounts

Unrestricted Restricted Total Total
Notes funds

fundsf 2022
t
2021
f
lncome from:
Donationsandlegacies 3 53,187 9,155_ 62,342 94,854
Charitableactivities 4 127 127 360
lnvestments 5 8 8 't8
Total income 53,322 9,155 62,477 95,232
Expenditure on:
Charitableactivities 69,688 5,889 75,577 88,835
Net(expenditure)/income fortheyear/
Netmovement in funds (16,366) 3,266 (13,100) 6,397
Fundbalances at1April2021 29,268 5,469 34,737 28,U0
Fundbalancesat31March2022 12,902 8,735 21,637 u,737

2022 2021
Not
es
Fixedassets
Tangibleassets 318 650
Current assets
Debtors 11 2,186 16,350
Cashatbankandin hand 87,340 45,480
89J20 _01*830
Creditors: amountsfallingdue 12 (68,207) (27,743)
withinone year
Net currentassets 21,319 34,087
Total assetsIesscurrentliabilities 21,637 34,737
lncomefunds
Restrictedfunds 13 8,735 5,469
Unrestrictedfunds 12.902 29.268
2J-617 34fi2

Donationsand Iegacies
Unres{rictedRestricted
Funds
funds
Total
2022
Total
2021
c
Donationsand gifts 9,090 9,090 9,010
Grants 44,097 9,155 53,252 85,844
53,187 9,155 62,342 94,8s4
Fortheyearended31March2021 76,299 18,555 94,854
Donationsandgifts
Other
9,090 9.090 9,010
9,090 9,090 9,010
Grantsreceivableforcore activities
MiltonKeynesCouncil 10,000 10,000 '18,000
Wolverton Science& Arts 117 16; 283
NewAftClub
MKCF-Thriving Communities
LloydsFoundation- (Enable)
MKCF -(COVIDResponseworkshops)
D OYLY CARTE-Adult Leaming
SteelCharitable Trust-AdultLearning
MKUH-Curatingthecollection
MKUH Courtyards
CNWL-Artson Prescription
6,74s
1,00;
1,300
1,544
19,336
4,055
3,750
2,00;
200
354
1,740
945
10,495
0
3,000
1,500
1,898
19,336
1,740
5,000
19,644
2,490
1,500
1,897
21,112
1,741
.,*0:
MKCFHeadstart
CaringFor The Collection
NewArtGroup
The BridgePCN-Headstart
0 2,710
MKUH (Ward 23)
MKCF-Transformation grant
o ','',ruo
44.097 9.155 53.252 85,844

4 Gharitable actlvltles
2022 2021
I Otherincome "tt127 360
Restrictedfunds -127
Unrestrictedfunds 360
127 360

lnvestments
2022 2021
f,e
lnterest receivable 818

2022 2021
I
Depreciation andimpairment 332 394
Materials 1,149 3,826
Fees, artistfeesandartwork 57,029 69,974
Premisesexpenses 4 43
Subscriptions 480 359
Travel, subsistence&expenses 209 16
Publicityandeducation 4,000 2,240
Stationery,postage, printing, computer andtelephone 390 815
Cateringandrefreshments 15
General expenses&donations 96
Bookkeeping 1,233 855
Venuehire 350
Bank charges 93 59
Donatedservices 9,000 9,000
lnsurance 798 724
75,178 88,305
Govemancecosts-independent examinersfee 400 530
75,578 88,835
Analysisbyfund
Unrestricted funds 69,689 65,552
Restrictedfunds 5,889 23,283
75,s78 88,83s
Fortheyearended 31 March2020
Unrestrictedfunds 45,300
Restrictedfunds 29,267
74,567

Tangible fixed assets
Plant and Fixturesand Offic Total
equp fiftings e
ment equip
t f menttt
Cost
At1April2021 867 9,581 882 11,330
Addition
At3'tMarch 2022 9,581 882 11,330
Depreciationandimpairment
AtIApril2021 649 9,58'1 450 10,680
Depreciationcharged in theyear 174 158 332
At31March2022 9,s81 608 11,012
Garrying amount
At3'lMarch2021 218
At31 March 2022 274 318
10 Financial instruments 2022 2021
€€
Carrying amountoffinancialassets
Debtinstrumentsmeasured at amortisedcost 45,480
87,340
Garrying amountoffinancial!iabilities
Measured at amortisedcost 68,208 25,793
11 Debtors 2022 2021
Amountsfallingduewithinone year: €E
Tradedebtors 0 't5,552
Prepayments andaccruedincome 1,673
798
VAT 5'13
2,186 16,350

Creditors: amountsfallingduewithinone
vear
12 2022
f,€

2021
Othertaxationandsocial security
Tradecreditors
Accrualsanddefened income
0
8,011
60,197
1950
3881
21,912
27,743

Movement
infunds
I Balance
April
Incoming
resources
ResourcesBalance at3{
expendedMarch2022
2021
t
TheBridgePCN-Headstart
EconomyandCultureGrant
Courtyards- MKUH 1,74; 1,740 3,481
CommunityGrant-HeadstartArt
MKCF-Thriving Communities 3,750 3,750
CuratingtheCollection
New ArtGroup 1,677 16; (33e)_ 1,50;
Enable
Adult Leaming-SteeleCharitableTrust& 657 554 (1,211
DOYLECARTE-ArtsonPrescription .)
Headstart-Art
ArtsonPrescription -CNWL 94; (e45)
COVID-MKCF 1,39; 2,000 (3,3e4)
__al9ge,15s (5,889) 8,735
14 Analysis ofnetassets between funds
Uirrestricted Restricted Total
funds
E
fundsf t
Fundbalancesat 31 March2022arerepresentedby:
Tangible assets 318 318
Currentassets/(liabilities) 12,584 8,735 21,319
12,902 8,735 21,637