## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|2022|Unrestricted|Restricted|2021| |---|---|---|---|---|---|---|---|---| ||||funds|funds|Total|funds|funds|Total| |||eurus|K|c||||| |Income from:||||||||| |Donations
and grants||2|493||493|7,614|140|7,754| |Chadtable
activities||3|101,692|99,870|201,562|40,197|187,210|227,407| |Total income|||102,185|992I70|202,055|47,811|187,350|235,161| |Expenditure
on:||||||||| |Diieii piojevci costs (including||freelance prujew staiiing)|79,131|61830|140961|20,695|63994|89889| |Core staff costs||4|6,133|72,830|78,963|1,504|82,963|S4,467| |Other staff costs|||241|181|422|241|151|392| |Office costs|||2,310|3,385|5,695|20|4,464|4,484| |Legal and professional|fees||2,279|6,675|8,954|5,432|6,300|11,732| |Total exoenditure|||90,094|144.901|234.995|28,092|162.872|190,964| |Net Income/(expenditure)|||12,091|(45,031,)|(32,940)|19,719|24,478|44,197| |Transfer between funds||10||||7,845|(7,845)|| |Net movement
in funds|||12,091|(45,031)|(32,940)|27,564|16,633|44,197| |Recondgation
offunds:||||||||| |Total funds brought forward|||113,625|65,312|178,937|86,061|48,679|134,740| |Total funds carried forward|||125.716|20,2S1|145,997|113.625|65.312|178.937| |Balance Sheet
As at 31March 2022|||| |---|---|---|---| |||2022|2021| |Current assets|||| |uvv luIs||o rxo|x,vvv| |Cash at bank and in hand||155,593|179,357| |Total current assets||164,391|181,357| |Creditors: amounts fagina due within one veer||(18,394)|(2.420)| |Net current assets||145,997|178.937| |Total assets less current Rablgtles||145,997|178,937| |Creditors: amounts
faging due after one year|||| |Total net assets||145,997|Syfk957| |Represented
By|||| |FUNDS|||| |Unrestricted
income fund||125,716|113,625| |Restricted Income funds|10|20,281|65,312| |Total charity funds|11|145.997|178.937| ## |1
(a)|Accounting
Pogcles
peels ofpreparation|Accounting
Pogcles
peels ofpreparation|Accounting
Pogcles
peels ofpreparation|Accounting
Pogcles
peels ofpreparation|Accounting
Pogcles
peels ofpreparation|Accounting
Pogcles
peels ofpreparation|Accounting
Pogcles
peels ofpreparation|||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||Ignite Imaginations
Ltd Is a charitable
company
in the United
Kingdom
Rmited
by guarantee.
In the event that
respect ofthe guarantee
is Rmlted toEl per member
ofthe charity.
The address ofthe registered
office Is given||||||||the charity
is wound
up the
in the mmpany
information||||||||liabglty
on page|||||In
1| ||ur slwsc rlrlalsclal s'letements.|||||||||||||||||||||| ||The Rnandal
statements
have been prepared
In accordance
with the Statement
of Recommended|||Practice:||||Accounting
and|||||Reporting|||by||Charities||||| ||preparing
their accounts
In accordance the Financial
Reportlrtg
Standard
applicable
In the|UK and|Republic of||||||Ireland
(FRS||102j (second|||||edition),|||||the|| ||Financial
Reporting
Standard
applicable
In the United
Kingdom
and
Republic
of Ireland|(FRS102)||and|||with||the|Charities||Act 2011.||||The||financial||||| ||statements
have taken advantage
ofthe exemption to prepare a Statement
ofCash Flaws.|||||||||||||||||||||| ||The charity meets the definition
of a public benefit entity as defined
under
FRS102. The financial||statements||||||are|presented|||In stergng|||which||||Is|the|| ||funcuonai
currency
or' tne charity endure
rounoed to the nearest El..|||||||||||||||||||||| |(b)|Income|||||||||||||||||||||| ||the receipt ofthe Income is probable and its amount
can be reliably measured.|||||||||||||||||||||| ||Donations are recognised as Income on receipt inthe year it becomes due.|||||||||||||||||||||| ||the grants have been met, it is probable that the income will be received and the amount can be measured||||||ragably and is not||||deferred.|||||||||||| ||Investment
income
Is Included when receivable.|||||||||||||||||||||| |I I|Fvrv ndlrun
snd 0*haute|||||||||||||||||||||| ||Expenditure
is recognised
where an there is a legal or constructive
obggatlon to pay a third|party,|it|Is|probable||||that settlement||||wgl||be|required|||||and|| ||the amount ofthe obligation
can be regaigy measured.
Ag exnanditura
Icrennrrvd
grncc nf Irrarnvarahlr|||||vAT.||||||||||||||||| |(d)|Tangible fixed assets|||||||||||||||||||||| ||Tangible
fixed assets are stated at cost less depreciation.
Any assets ourchased
below ES00 are written||||||off at||the|time of|ourchase.||||Deoreciation|||||||Is| ||provided at rates calculated to write offmst ofthose assets, less their residual
value, over their expected|||||useful lives||||on the fogowlng||||basis;||||||||| ||Fixtures and fittings
233(|||||||||||||||||||||| ||Computer
equipment
33%|||||||||||||||||||||| |(e)|Trade debtors|||||||||||||||||||||| ||Trade debtors are amounts
due from customers for services performed
in the ordinary course|ofbusiness.||||||||||||||||||||| ||Trade debtors are recognised
Initially at the transaction
price. They are subsequently
measured
at||amortlsed
cost using the||||||||effective|||Interest||||method,||||| ||less provision
for Impairment.
A provision for the impairment
oftrade debtors is estabgshed|when there|||Is||objective evidence||||that the|||company||||will|||not|| ||be able to collect ag amounts
due according to the odiginal terms of receivables.|||||||||||||||||||||| |pl|Lean ana cash equivaients|||||||||||||||||||||| ||Cash and cash equivalents
comprise
cash an hand
and cail deposits,
and other short-term|highfy
liquid||||Investments||||that are||readily|||convertible|||||to||a| ||known amount ofcash and are subject to an insignificant
risk ofchange
in value.|||||||||||||||||||||| |(g)|Trade creditors|||||||||||||||||||||| ||ade i ed o
obiiaatio
to par lo jtood
I
c
ove
e
acquire
I
he o di
v'
are classified as current
Rabglties
ifthe company
does not have an unconditional
right, at the end||o
of|the|||of vvsiiress
reporting|||free
pvii,
period, to defer||||A
o
t
settlement||||uayvbie
of the||||| ||creditor for at least twelve
months
after the reporting date. Ifthere is an unconditional
right to defer|||settlement|||||for at least|||twelve||months|||after the|||||| ||reporting
date, they are presented as non-current
Rabgitles.|||||||||||||||||||||| ||Unrestricted
funds are donations
and other income receivable or generated
for the objects
are available as general funds.|ofthe|organisatlon|||||without
further|||||specified|||purpose||||and||| ||Restricted
funds are either donations
which the donor has specified are to be solely used for particular||||||areas|of the charity's|||||work|or grant||||Income||||| ||» br mr snerifl
0|||||||||||||||||||||| ||budgeted
inmme a|n|d expenditure
is|d expenditure
is|d expenditure
is|d expenditure
is|suffi|cien|t with t|he|level|ofreserves for|the charit|y to b|e able to conti|nue as agoing mn|cem.|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |2|Income from grants||and donations|||||||||||||||| |||||||||||||Unrestricted|Restricted||2022|Unrestricted|Restricted|2021| |||||||||||||Fllhclc|all|hem|Tntal|Fllhdc|F'nnd|Tntcl| |||||||||||||||||f|E|f| ||Sheffleid City Council||- Coronavirus|||Business 5upport||||||||||6,315||6,315| ||Coronvirus lob Retention Scheme|||||||||||277|||277|1,270||h270| ||Dohetlohs|||||||||||216|||216|29||169| |||||||||||||493|||493|7,614|140|7,754| |3|Income from charitable
activities|||||||||||||||||| |||||||||||||Unrestricted|Restricted||2022|Unrestricted|Restricted|2021| |||||||||||||Fundsf|Funds
E||Total
f|Funds
f|Funds
E|Total
E| ||Drehts|||||||||||||||||| ||Arts Council England||-We Are AB|||Makers|||||||31,907||31,907|||| ||Arts Councg England||-Culture|Remvery Fund|||||||||30,243||30,243|||| ||8 BC CiliiJlvn in ic'444||||||||||||||4 'IVO||9,435|| ||Sanctuary
Housing||||||||||||3,000||3,000|||| ||Sheffieid CCG||||||||||||2U,225||2u,r25|||| ||The Cutler's Company||Charitable||Trust||||||||500||500|||| ||The Earl Fitzwigiam|Charitable||Trust|||||||||1,000
1044||1,000
',000|||| ||The Wharfedale
foundation||||||||||||1,500||1,500||29,""0|| ||IVE Ltd fAmbassadors)||||||||||||||||8,400|8,400| ||Leeds Community
Partnerlng|||Fund|||||||||||||4,300|4,300| ||||||||||||||||||IV,DDII|15Bh0| ||Sheffield Church Burgesses Trust||||||||||||||||2,000|2,000| ||||||||||||||||||I 754|I vcn| ||The National
Lottery|- COVID||response|||||||||||||41,540|41,540| ||Yorkshire Bank Society Charitable|||||Foundation|||||||||||1,825|1,825| ||Contracts|||||||||||||||||| ||'I
thyo
I
hl
Hvuclnoaccn|||I tlo|||Th|Bi|I It|r|4-|||||||| ||Sparks||||||||||||||||48,607|48,607| ||South Yorkshire Housing Association-||||||The|Big Lottery||fund—||||||||| ||Start Uo||||||||||||||||24.393|24,393| ||Services|||||||||||101,692|||101,692|40,197||40,197| |||||||||||||1Df0892|BBPFD||20A562|40,197|187210|227 407| |Staffcosts|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||SU22||2UZl| ||||||||||6||E| ||||||||||,062||| |Employer's
Nl|||||||||4,315|4,250|| |||||||||||(4|)| |Employer's
pension|contributions||||||||1,986|2,518|| |||||||||||0|'r| |Average number ofemployees|||||||||6||6| |No employee
received||emoluments|||ofmore than 660,0001n either year.||||||| |~mepenoent
examinauon|||ana iees||payabie tome rndepenaem||examiner's|organisation|||| ||||||||||||2021t| |Legal and professional||fees includes;|||||||||| |Inde pendent
examination|||fee||||||||| |Other fees paid to|independent|||examiner's||organisation:|||||| |Other proiessionai|accountancy|||services|||||33U||| |for HR support
and|||||||||1,143||| |software gcenclng|||||||||252||147| |||||||| |---|---|---|---|---|---|---| |7|Debtors||||2022
4|2021t| ||Trade debtors||||7,775|| ||Other debtors||||1,023|| |8|Creditors:|amounts|faglng due within one year|||| ||||||2022|2021| |||||Note|6|E| ||Trader. rudiiors||||3351|os9| ||Accruals||||1,443|945| ||Omar taxes and sociai securay|||||836| ||Deferred|Income|||13,600|| |9|Deferred|Inmme||||| ||||||2022|2021| ||||||6|E| ||urougntforward|||||| ||Released|In the year||||| ||Lreferred|in tne year|||ts,dw|| ## |music which wgl be displayed
in a Anal celebr
Creaffve Community|music which wgl be displayed
in a Anal celebr
Creaffve Community|atio. Thi|s p|roject had not started|In the flnanica|l year.|||| |---|---|---|---|---|---|---|---|---|---| |Various grants to form a network for creative||indlvidiua|Is|in the cgyto develop|skills, connect|and support|our organisation|togrow.|| |Slrefffeld CCGr Winter Pressures|||||||||| |Working
in 5 communities
to degver arts walk||workshops||and creativity packs.|||||| |Sanctuary
Housing: Relmaglne
project|||||||||| |5ummer a.Ivltias in 5hiregrear, .|||||||||| |The Wherfdale
Foundatlont
Beeley Woods|||||||||| |Beeley Woods creative work:hops
and event,|||||||||| |Prior year comparison|||||Balance||||Balance| ||||||br/uff|rerum|Evpa..BRurs'|?moors|c/twd| ||||||E|E|E|E|E| |Arts Council England: Art at the Heart||||||29,900|(29,900J||| |BBCChiidren
In Need: The Everyday Siories|proJect||||3,567|9,495|(6,352)||6,710| |Dernag Yyegbeing
Consortium|||||4.880||(5,260J||| |O'Oyiy Carte|||||2,370||(2,370J||| |Ambassadors
Shegield City Councg.' Dementio
Innovation|Fund||||10,391
5,260|14700|(9,584)
(1,497)|(8,225J|7,282
3,763| |South Yorkshire Housing Associotion
- The Big||Loiteryfund:||Sparks|17,732|48,747|(45,319)||21,160| |South Yorkshire Housing Association
- The Big||Lottery/vnd:||Start Up|4,479|24,393|(17,475J||11,397| |She//ieid
Oty Councgr Community
COVIO response||||||1,750|(1,750J||| |Seeps Arts Trustr Mozort end Me||||||15,000|||15,000| |The National
Lotteryr CDVID msponse||||||41,540|(41,540/||| |Yorkshire
Bank Society Choritobie Foundation:||Creative|Packs|||1,825|(1,625/|||