2023-03-31-accounts

Contents	Page
Information	2
Trustees' Report	3-5
Statement of FinancialActivities	6
Balance Sheet	7
Notes to the Accounts	8-13
Independent Examiner's Report	14

Trustees (a	nd dire	ctors) serving	throughoutthe year until	the dateof signing
			Office Held	Joined the	Left the
				Board	Board
	D	Chan	Chair
	S	Capewell	Secretary	25/03/2022	28/01/2023
	S	Foreman
	C	Griffel	Vice Chair
	A	Howers			05/01/2023
	D	Jeans
	A	Liguori
	V	Nel		17109/2022	12/03/2023
	A	Peck	Treasurer
	C	Scott
	C	Stephens	Secretary	08/06/2023	19/07/2023
	A	Thomas		17109/2022
	S	Turner			09/04/2022
Bankers		CAF Bank
		25 Kings Hill	Avenue
		Kings Hill
		West Malling
		Kent
		ME19 4JQ

			2023			2022
					Total	Total
		Unrestricted	Restricted		Funds	Unrestricted
	Note
Income from:
Donations	2	33,194	1,437		34631	36,237
Charitable activities	2	19,612			19,612	376
Other trading activities	2					460
Interest received	2	431			431	121
Totalincome		53,237	1 ,437		54,674	37,194
Expenditure on:
Raising funds	3	68			68	150
Charitable activities	3	53,009		430	53,439	35,649
Total expenditure		53,077		430	53,507	35,799
Net income and expenditure for	the year
and net movement in funds		160	1,007		1,167	1,395
Reconciliation of funds
Totalfunds brought forward		106,281			106,281	104,886
Total funds carried forward	13	106,441	1	,007	107,448	106,281

Knitting & CrochetGuild Balance Sheet As at 31 March 2023
	Note		2023		2022
Fixed assets
Intangible assets	7		333		1,133
Tangible assets	8		3,670		4,582
Heritage assets	9		13,584		13,584
Totalfixed assets			17,587		19,299
Current assets
Debtors& Prepayments	10	11,780		10,445
Cash at bank and in hand		78,530		82,924
Total current assets		90,310		93,369
Liabilities
Creditors: amounts falling due within
oneyear	11	449		6,387
Net current assets			89,861		86,982
Total assets less current liabilities			107 ,448		106,281
Thefunds of the charity:
Unrestricted funds	13		106,441		106,281
Restricted funds	14		1,007
			107,448		106,281

Analysis of income from:
	2023	2022
Donations
Membership subscriptions	28,153	28,714
Gift aid	3,350	3,401
Donations	1 ,658	3,722
Donations relating to the collection	1,470	400
	34,631	36,237
Charitable activities:
Convention	18,377
Collection
Sales	451	331
Trunk shows and open days	410
Shows and workshops	374	45
	19,612	376
Other trading activities
200 Club		460
Other income
Bank interest received	431	121

Analysis of expenditure on:
	2023	2022
Raising funds
200 Club prizes	68	150
Charitable Activities
Slipknot Production	9,605	9,923
Insurance	812	827
Premises (Britannia Mill) costs:
- Rent, ratesand service charges	6,637	7,600
- Buildings insurance	453	433
- Electricity	600	614
- Internet connection	544
- Repairs and maintenance	424	337
- Depreciation	2,309	2,309
Collection costs:
- Collection materials	1,234	2,236
- Collection expenses	340	194
- Depreciation	660	664
Convention/ (Un-Convention) expenditure	15,851	112
Membership
- Membership expenses	1,702	1,906
- Databasedepreciation	800	800
- Databaserunning costs	3,672	3,447
Marketing(including rebrand completion)	2,480	1,045
Website costs
- softwareand fees	1 ,285	1,114
- websitedepreciation		179
Governance costs:
- Governance expenses	1,485	1,217
- Legalcosts	2,400
- Trustee indemnityinsurance	146	148
	53,439	35,649
Being:
Restricted funds	430
Unrestricted funds
Designated funds	1 ,804	3,094
General funds	51,205	32,555
	53,439	35,649

The total operating lease payments under the non-cancella	ble lease for Britannia Mil	l are:
	2023	2022
Not later than one year	5,427	6,512
Later than oneyear and not later than 5 years		5,427
	5,427	11 ,939
The amounts chargeable to the Statement of Financial Activities will be
Within one year	5164	6,197
Between two & five years		5,164
	5,164	11,361

Intangible assets	Website& Datab
Cost at 31 March2022 and 31 March 2023	19,575
Depreciation at 31 March2022	18,442
Charge for the year	800
At 31 March 2023	19,242
Net BookValue
At 31 March2023	333
At 31 March 2022	1,133

Tangible assets
	Leasehold
	property	Equipment	Total
cost at 31 March 2022	11,544	2,511	14,055
Additions		2,056	2,056
At 31 March2023	1 1 ,544	4,567	16,111
Depreciation at 31 March 2022	7,312	2,161	9,473
Charge for the year	2,309	659	2,968
At 31 March2023	9,621	2,820	12,441
Net BookValue
At 31 March 2023	1 ,923	1,747	3,670
At 31 March2022	4,232	350	4,582

Heritage assets
	Library	Collection	Total
Cost at 31 March 2022 and at 31 March2023	7,941	5,643	13,584
Debtors and prepayments
	2023		2022
	E
Prepayments	10,601		8,488
Accrued Income	979		972
Other debtors	200		985
	11,780		10,445

Creditors and accruals
	2023		2022
Accruals		62	75
Deferred income (note 12):
Convention fees received in advance		50	5,635
Subscriptions paid in advance		75	100
Other creditors		262	577
		449	6,387

Deferre	d Income
		2023	2022
Deferred	income brought forward	5,735	1,469
Released	in the year	(5,685)	(1 ,394)
Deferred	in the year	125	5,660
Deferred	income carried forward	175	5,735

Unrestricted Funds
Currentyear	At 31.3.2022	Income	Expenditure	At 31.3.2023
Designatedfunds
(a) Charities Advisory Trust	385			385
(b) Collection	19,585	1,181	1,803	18,963
Total designated funds	19,970	1,181	1,803	19,348
General funds	86,311	52,056	51,274	87,093
	106,281	53,237	53,077	106,441

13	Unrestricted Funds (continued)
	Prioryear	At 31.3.2021	Income	Expenditure	At 31.3.2022
	Designated funds
	(a) CharitiesAdvisory Trust	385			385
	(b) Collection	22,279	400	3,094	19,585
	Total designated funds	22,664	400	3,094	19,970
	General funds	82,222	36,794	32,705	86,311
	Totalunrestrictedfunds	104,886	37,194	35,799	106,281

Allocation ofnet assets	between fun	ds
	Restricted	Designated	General	Total
	Funds	Funds	Funds	Funds
2023
Fixed Assets	535	1,211	15,841	17,587
Cash at bank and in hand	472	18,137	59,921	78,530
Other net assets			11,331	11,331
2023Total	1,007	19,348	87,093	107,448
2022
Fixed Assets		350	18,949	19,299
Cash at bank and in hand		19,620	62,954	82,574
Other net assets			4,058	4,058
2022Total		19,970	85,961	105,931