##
##
##
##
||||||||Pages|
|---|---|---|---|---|---|---|---|
|Trustees'
annual
report|(incorporating||the|directors'|report)||1to 12|
|Independent
examiner's|report to the||trustees||||13|
|Statement
offinancial
activities||(including||income|and expenditure|account)|14|
|Balance sheet|||||||15|
|Notes to the financial statements|||||||16to 27|
##
##
##
##
##
##
##
##
##
|Trustees'
annual
repo
Year ended 31 March|rt (incorporat
2023|ing
the d|irec|
|---|---|---|---|
|Senior management|A Casey|||
||H Field|||
||A Winch|||
|Bank|CAF Bank|||
||Cambridge|& Counties|Bank|
||United Trust Bank|||
||Hampshire|Trust Bank||
||Redwood|Bank||
|Independentexaminer|L Thurston|FCCA||
||Lovewell Blake LLP|||
||Chartered|accountants||
||First Floor|Suite||
||2 Hillside|Business Park||
||Bury St Edmunds|||
||IP32 TEA|||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||2023||2022|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
||||funds|funds|Total funds|Total funds|
|||Note|8|E|||
|Income and endowments|||||||
|Donations
and legacies
Charitable
activities||5|81,506
6,472|354,198
35,071|435,704
41,543|424,455
15,124|
|Investment
income||6|3,739||3,739|2,074|
|Total income|||91,717|389,269|480,986|441,653|
|Expenditure
Charitable
activities||7|86,354|321,272|407,626|429,101|
|Total expenditure|||86,354|321,272|407,626|429,101|
|Net income and net movement|in funds||5,363|67,997|73,360|12,552|
|Reconciliation
offunds|||||||
|Total funds brought
forward|||113,712|229,999|343,711|331,159|
|Total funds carried forward|||119,075|297,996|417,071|343,711|
##
##
##
##
|Company
Limit
Balance sheet
31 INarch 2023|ed
by Guarantee||||||
|---|---|---|---|---|---|---|
||||2023||2022||
|||Note|8||8||
|Fixed assets|||||||
|Tangible fixed assets||||1,529||276|
|Current assets|||||||
|Debtors||12|191,081||114,127||
|Cash at bank and in|hand||272,907||328,181||
||||463,988||442,308||
|Creditors: Amounts|falling due within||||||
|one year||13|(48,446)||(98,873)||
|Net current assets||||415,542||343,435|
|Total assets less cunent liabilities||||417,071||343,711|
|Net assets||||417,071||343,711|
|Funds ofthe charity|||||||
|Restricted funds||||297,996||229,999|
|Unrestricted
funds||||119,075||113,712|
|Total charity funds||16||417,071||343,711|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Ye|ar ended 31 March 202|3|||||
|---|---|---|---|---|---|---|
|5.|Donations
and legacies||||||
||Year ended 31March 2023||||||
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds
f|2023
f|
||Grants||||||
||Heritage
Lottery Fund||||135,213|135,213|
||Suffolk County Council|||61,470|34,400|95,870|
||National
Lottery Community|Fund|||63,364|63,364|
||Youth Music||||42,521|42,521|
||Children
in Need||||40,972|40,972|
||Other grants and donations|||14,986|20,216|35,202|
||Mid Suffolk Distriict Council|||3,550|7,756|11,306|
||Babergh District Council|||1,500|7,756|9,256|
||Suffolk Community
Foundation||||2,000|2,000|
|||||81,506|354,198|435,704|
||Year ended 31 March 2022||||||
|||||Unrestricted|Restricted|Total Funds|
|||||Fundsf|Funds
f|2022
f|
||Grants||||||
||Suffolk County Council|||63,870|57,900|121,770|
||National
Lottery Community|Fund|||102,875|102,875|
||Children
in Need||||49,122|49,122|
||Heritage
Lottery Fund||||39,560|39,560|
||Suffolk Community
Foundation||||31,264|31,264|
||Youth Music||||27,570|27,570|
||Other grants and donations|||12,723|13,377|26,100|
||Arts Council|||3,859|18,285|22,144|
||Mid Suffolk District Council|||2,550||2,550|
||Babergh
Distriict Council|||1,500||1,500|
|||||84,502|339,953|424,455|
|6.|Investment
income||||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds
f|2023
f|Funds
f|2022
f|
||Bank interest receivable||3,739|3,739|2,074|2,074|
##
##
|Expenditure
on charita|ble
activiti|es|||||
|---|---|---|---|---|---|---|
|||Activities|||||
|||undertaken|||Total funds|Total fund|
|||directly
F|Support costs
F||2023
6|2022
f|
|Staff costs||235,391||1,517|236,908|246,488|
|Artist fees and materials||104,545|||104,545|129,417|
|Transport,
catering
and venue hire
Marketing
and public relations
Other project costs
Office costs||21,817
222
3,854||5,796
12,646
18,760|27,613
12,868
3,854
18,760|14,646
11,673
2,574
21,429|
|Depreciation
Independent
examiner's|fees|||786
1,927|786
1,927|278
2,375|
|Board and meeting
expenses||||365|365|221|
|||365,829||41,797|407,626|429,101|
|Net income|||||||
|Net income is stated after charging/(crediting):|||||||
||||||2023
6|2022
f|
|Depreciation
oftangible|fixed assets||||786|278|
|Staff costs|||||||
|The total staff costs and|employee|benefits for the reporting||period are analysed as follows:|||
||||||2023|2022|
||||||6|F|
|Wages and salaries
Social security costs
Other pension costs
Other staffing expenses|||||219,826
4,642
10,923
1,517|222,086
10,601
11,013
2,788|
||||||236,908|246,488|
##
##
##
##
##
##
##
##
##
|11.|Tangible fixed a|sset|s||||
|---|---|---|---|---|---|---|
|||||Fixtures and|||
|||||fittings|Equipment|Total|
|||||E|E|E|
||Cost||||||
||At 1 April 2022|||1,736|12,989|14,725|
||Additions||||2,039|2,039|
||At 31March 2023|||1,736|15,028|16,764|
||Depreciation||||||
||At 1 Apriil 2022|||1,736|12,713|14,449|
||Charge for the year||||786|786|
||At 31 March 2023|||1,736|13,499|15,235|
||Canying amount||||||
||At 31March 2023||||1,529|1,529|
||At 31 March 2022||||276|276|
|12.|Debtors||||||
||||||2023|2022|
||||||E||
||Trade debtors||||25,715|23,040|
||Prepayments
and|accrued income|||165,366|91,087|
||||||191,081|114,127|
|13.|Creditors: Amounts||falling due within one year||||
||||||2023|2022|
||||||E|F|
||Trade creditors||||6,581|10,991|
||Accruals and deferred||income||36,919|82,178|
||Social security and other taxes||||2,869|3,587|
||Other creditors||||2,077|2,117|
||||||48,446|98,873|
|14.|Deferred income||||||
||||||2023|2022|
||||||E|E|
||Amount
deferred|in year|||18,395|75,995|
|15.|Defined contribution||plans||||
##
##
##
##
##
|Analysis
ofcharitabl|e
fund|s|||||
|---|---|---|---|---|---|---|
|Restricted funds|||||||
|||At 1 April||||At 31 March|
|||2022
6|Income
F|Expendituref|Transfers
6|2023|
|YM Revenue
Funding|||39,780|(8,408)||31,372|
|Restart||34||(34)|||
|Clown Round||13,592||(13,057)|(535)||
|Clown Round Extension|||43,752|(29,296)|535|14,991|
|Libraries
& Museums|||||||
|Well-Being
Programme||42,183|35,000|(30,552)||46,631|
|Lowestoft Folk||463||||463|
|Website
&Virtual||5,095||(4,645)||450|
|Brave Art||72,534|95,214|(111,440)||56,308|
|Special Delivery (Letters|||||||
|From...)
Extra Time HLF||30,434|9,439
125,774|(39,873)
(65)||125,709|
|Friends Around
the Table|||||||
|(Realising
Ambitions)||12,134||(12,134)|||
|More Friends Around|the||||||
|Table|||36,669|(15,272)||21,397|
|Little Beats Progression|||||||
|(Youth Music)||17,630|2,741|(20,079)||292|
|Wild About Kirkley||35,900|900|(36,417)||383|
|||229,999|389,269|(321,272)||297,996|
|Unrestricted
funds|||||||
|||At 1 April||||At 31 March|
|||2022|Income|Expenditure|Transfers|2023|
|||6|F|6|8|6|
|General
fund||98,501|91,717|(85,183)||105,035|
|Designated
fund||15,211||(1,171)||14,040|
|||113,712|91,717|(86,354)||119,075|
##
##
##
##
##
##
##
##
##
##
##
##
|Analysis of net assets between
funds|||||
|---|---|---|---|---|
|Year ended 31 March 2023|||||
||Tangible fixed
assets|Net current
assetsf|Non current
liabilitesf|Totalf|
|Restricted income funds
YM Revenue
Funding
Clown Round Extension||31,372
14,991||31,372
14,991|
|Libraries
& Museums
Well-Being
Programme
Lowestoft Folk (Lowestoft Network)
Website
&Virtual
Brave Art
Extra Time HLF
More Friends Around
the Table
Little Beats Progression
(Youth Music)
Wild About Kirkley||46,631
463
450
56,308
125,709
21,397
292
383||46,631
463
450
56,308
125,709
21,397
292
383|
|Unrestricted
income funds
Designated
funds
General funds|1,529|14,040
103,506||14,040
105,035|
||1,529|415,542||417,071|
|Year ended 31 March 2022|||||
||Tangible fixed
assetsf|Net current
assets
f.|Non current
babibtesf|Totalf|
|Restricted income funds
Clown Round
Brave Art/JumpstART
Lowestoft Folk (Lowestoft Network)||13,592
72,534
463||13,592
72,534
463|
|Friends Around
the Table (Realising
Ambitions)||12,134||12,134|
|Libraries
&Museums
Well-Being
Programme||42,183||42,183|
|Little Beats / Early Years Progression
(Youth Music)
Website
&Virtual
Restart
Special Delivery (Letters From)
Wild About Kirkley (ACE)||17,630
5,095
34
30,434
35,900||17,630
5,095
34
30,434
35,900|
|Unrestdicted
income funds
Designated
funds
General funds|276|15,211
98,225||15,211
98,501|
||276|343,435||343,711|
##
##
##
##
|Yea|r ended|31 March 2023|31 March 2023|31 March 2023||||
|---|---|---|---|---|---|---|---|
|18.|Operating|lease commitments||||||
||The total|future|minimum|lease payments|under non-cancellable|operating leases are as|follows:|
|||||||2023
f|2022
f|
||Not later than
1||year|||5,794||
||Later than|1 year and not||later than 5years||5,794||
|||||||11,588||