CHILLI STUDIOS {NEWCASTLE AND GATESHEAD ARTS STUDIO) LIMITED {trading as Chllll Studios) COMPANY LIMrrED BY GUARANTEE TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Company number 05028177 Charity nUMr 1116957
CHILLI STUDIOS (NEWCASTLE AND GATESHEAD ARTS STUDIO) LIMITED {trading as Chilli Studios) REFERENCE AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2022 Trustees The trustees serving during the year and since the year end were as follows.. isdair Cam8ron Douglas Hunter Nikki Gibbard John Banks Rachael Doyle-Hall Nelly Stavropoulou { Resigned 11 July 20221 Dr Victoria Amistrong (Resigned 11 July 20221 Toby Brandon Company sécrgtsry Carole Hall Key management personnél Robert Malpiedi- Studio ManagerlCEO Company number 05028177 Charity number 1116957 Registérèd office and prlnclpal place of busin0SS The Blathfriars Centre Newbridge Sl Newcastle up)n Tyne Tyno and Wear NE12TQ Independent Examiner Clarke's Chartered Accwntanls 176 Portland Road Jesmond Newcastle Upon Tyne NE2 1DJ Bankers Ursty Trust Bank Nine Brindley plaea Birmingham B12HB Santander UK PIC Business Banking 301 St Wincenl Street Glasgow G2 5NT
CHILLI STUDIOS (NEWCASTLE AND GATESHEAD ARTS STUDIO) LIMITED ltrading as Chllll StudFosI TRUSTEES, REPORT AND INCORPORATED STRATEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2022 The trustees, who are also directors for the purposes of company law. have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 March 2021. INTRODUCTION The financial slalements have been prepared in accordance with the accounb'ng policies sel out in note 1 to the financial statements 8nd mplY wilh the Charitses Act 2011, the Companies Act 2006 and the requirements of Accounting and Rewrting by Charilies Stslemenl of Recommended Practice. applicable to charities preparing their accounts in accordance with the finanual reporting standard applieable in the UK IFRS 102). The Charity's full name is Chilli Studios {NewcasUe and Gateshead Arts Sludiol Limited, wlhin this report it will be referred lo as just 'Chilli Studios.. STRUCTURE GOVERNANCE AND MANAGEMENT Chilli Studios is a company limited by guarantee (number 05028177}, incorporated on 28 January 2004. and is govemed by ils articles.11 is also a registered d)arity {number 11169571. Our board as of 31 St March 2022 consists of 8 trustees. These trustees have strong repSentatIOn from professionals working in key areas., within Disability, Education, Senior Management. Grants Management. Psychiatry, Service Usef Involvement. Influencing Mental Heallh Policy and Best Practice, Safeguarding and Arts Development. Members of the Board recognise they cannot be experts in all aTras of acaiwty and regularty consider what skills may be valuable lo add to the existing mix of knowledge and skills. Where a vacancy arises the Board and staff use existing neorkS lo idenlfy potential new tWSiees. Prospective trustees are invited lo visit the studios lo understand our vision and values and lo establish rf they wlsh to join the Board. REFERENCE AND ADMINISTRATION DETAILS Referen¢e and administrative details are set out on page 1 and fonns part of this rep(Kt. OBJECTIVES OF THE CHARITY To advance the education of the public, in particular persons suffering from the effects of mental illnes5 and mental health problems, liwng in Newcasue and Gateshead through the use and promotion of art and artistic and creative activiltes. PUBLIC 8ENEFIT The trustees confirm that they have complied with the duty in section 17 of the Charities Act 201110 have due regard to the public benefit guidan published by the Charity Commission in detemiining the activities undertaken by the Charity. The Charfty Commission in its"Chartbes and Public Benefit" Guidance states that Ihere are two key principles to be mel in order to show that an organisation's aims are for the public benefit.. first there rnust be an identifiable benefil and, secondly, that the benefft must be to Èh8 public or to a 5eclK)n of
CHILLI STUDIOS (NEWCASTLE AND GATESHEAD ARTS STUDIO) LIMITED (tradlng as Chilli Studios) TRUSTEES, REPORT AND INCORPORATED STRATEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2022 the public. The trustees are satisfied that the aims and objectives of Ihe charity. and the activities reported on above to achieve those aims, meet these principles. STRATEGIC REPORT REVIEW OF ACTIVITIES DEVELOPMENTS AND ACHIEVEMENTS Our servlce Chilli Sludios deliv&rs services to those who are. or a ai risk of experiencing diagnosed mental health problems, and those who experiencè other forms of Social exclu510n within their communities. Our Alm 1$: Improving Mental Health through Creativity. Our Misslon is: To provide a sustainable servicé that engages people in c¥eatrve activity. which promotes social Incluslon and Inleractlon, develops skills antl ability which buikls r8silience, enables potential and improves wellbeing. Our Values are: To promoto creatlve frfrgdom. Promote the power of crealNily lo empower individuals to challenge internal and extemal perception5 of mental health. Valuing everyone'5 unique personal expression, inspiring people to take creative chances. build skills and celebrate achievements. To be a compa$$ionate and safo servlce. Create a safe, inclusive place where everyone feels welme. encouraged lo participate an(J supported throughout involvement-developing a caring community Ihrough encouragement and SUPF)Ort. Taking lime lo listen, learn and respect others and their privacy., when a drfference exists. value rt and find shared understanding within Ihe communty of interest. Overvlew The pandemic has remained a significant challenge throughout the year, and its impact continues to be evident on,. our mernbers, volunleefs and staffs wellbeing. as well as altering the organisalion's long term strategic direction. As a service that reswnds with support. encouragement, and the promotion of hope. achieving our goals durillg this period has been an enomious challenge. Factors such as isolation. grief and fear have undoubtedly increased depression and anxiety disorders. Dealing with the increased need whilst protecting and supporting staff and volunleers has been vitally important. Over the last year. we have continued to develop vartous crrtical wot*ing partnerships" some of these include..
CHILLI STUDIOS {NEWCASTLE AND GATESHEAD ARTS STUDIO) LIMITED (trading as Chilli Studios) TRUSTEES, REPORT AND INCORPORATED STflATEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2022 North East Wilds- for our allotrnent project, forest school sessions and Raku kiln firing Re¢overy College IReCoCol - For our satellite workshops in Knit and Natter and sewing group, as well as setting up a new photography darkroom. Wakefield Menlal Health Museum- related to developing the heads and tales project Newcastle Arts development team - linking in with various workshops. Star and Shadow, Northern Print and Vane gallery- re9ular exhibilion venues The Magic Hal Cafe - linked to our suicide awarenesslprevelllion project Tow8rds the end of the year, we started a new partnership wilh CNTW Mentsl Heatth Trust for the provision of ward access lo online mental health provision As our members, wellbeing has (like most of society's) been 51gnificantly affected by both personal and global crises, we have found recording the direct impact our seThice has had on wellbeing particulady tricky. Below are just a few quotes from last year regarding the importance of the service to ils members.. "I do n78ke functionalpieces. but love to make pieces that tell a story, often my story. Chilli Studios has Gh8ng8d my life lor the better and l am grateful to Ih8m.- "Chilli m8kes you brnn¢h out andpush your pol8nt181 more than l ever would, rf builds my ¢onfidence and everyrfhing up. Every bil of work p80ple do In here Is art. l also like lo advise newcomers in the art mom and like to help fhem rf they need it- l)e¢aus• that's how th8 art tDom works, we all help e8¢h otherl" "I was in a prety dark placa when l*yin8d the studio. bul my mental heatth is improving all th8 time, and the good people I have met al Chilli h8ve p18yed such 8 m8SSIV8 P8rt in my recovery. 1 experience the odd dip in my mood from time lo tsme, but when I do, I know thal Iherg is always going to be someone available to Jusl have a talk wilh, and Ihis has been a great help" 'Chilli Studios has been a real lifeline for me. and I'm sure it has I8 the sam8 for counÈl8ss others, as well. All Ihe staff, the volunfeers and the other members I have met have m8d& me feel at home amongst their community. My conlidence has improved no end, I have made some good friends, and I find myself in a much bettplace than I was befo Ijned the stud$.. ho SesSnS l attend allo¥Y me to express mys8lfcTralively, and l 8njoy Ihfjm a gre81 deal, bu( if I am honest, the activities 8re secondary lo rhe benefits lo my wellbeing Ihal I gel from being around people who I feel accept me for who l am, and who prov constant support. encouTrgement, inspir8tlOn 8nd 8bove 811, fnendship!" staffing The core staff learn and their terms of ernployment remained the same. and the only change was the recruitment of our Kickstart apprents"ce, detailed below. Commercial activities Unfortunately, our plan to recruit a Start-up Manager was unsuccessful. wilh unsuitable applicants to the advertised job. Therefore, we invesb"gated the optK)n of the govemmenl Kickslart programme and identified a suitable apprentice. This person Started in Oct 2021 and finished the govemment-funded apprenticeship towards the end of this retx>rting year. They showed all Ihe skills dedication required to make a future successful employee. At the end of the reporting
CHILLI STUDIOS {NWICASTLE AND GATESHEAD ARTS STUDIO) LIMITED (trading as Chilli Studios) TRUSTEES. REPORT AND INCORPORATED STRATEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2022 period. we offer8d them a pemanent ntract as our new Research, Marketing and Sales Assistant. Overrfl•w of delivery data From April 2021 till Marth 2022 w8 have provided for 222 individual members: 1205 workshop s8$5S with total attendanca of 7311 223 onlin8 sessions with total all&ndance of 1522 100 peer led sessions with totsl attendan of 805 53 8venls and productions with total attendance of 911 20 cultural trips and outdoor activities wlh total attendance of 119 18 training sessions with total attendance of 258 262 crisis support sessions wlh loial attendan of 288 FINANCIAL REVIEW The charity's financial posttion ai the end of this year is shown the attached financial statements. The figures show a relalfvely balanced income versus expenditure OV8r the year wf(h some re$lri¢ted funds being carried over to the following year. Reser¥es Reserves are that part of the charity's unrestricted fijnds that ar8 treely available to spend on any of the charity's purposes. They exclude restricted income funds. The trustees have consid6red the need for reserves to be maintained by the charity. The Charity does not have recurring obligalions, other than the need lo govern itself. The Iruslees have conduded therefore that sufficient reserves should be maintained so that all liabilities would be mel in the unlikety event that Chilli Studios were dissofved (see note 111. Going concem The trustees are satisfied that the charity is able to operate for the foreseeable future. on the basis of support for Ihe charity. The going ¢oFM basis of accounting is therefore appropriate. STATEMENT OF TRUSTEES, RESPONSIBILITIES The twsl8es {who are also the directors of 'Chilli Studios {Newcastle and Gateshead Arts Studio) Limited. for the purposes of company law) are resF)onsible for preparing the Truslees, Annual Report and the financial statements in accordan wilh applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice}.
CHILLI STUDIOS {NEWCASTLE AND GATESHEAD ARTS STUDIO) LIMITED (trading as Chilli Studios) TRUSTEES. REPORT AND INCORPORATED STRATEGIC REPORT FOR THE YEAR EP4DED 31 MARCH 2022 Company law requires the charity trustee5 to prepare financial stslemenls for each ye8r which give a true and fair view of the sLile of affairs of the charitable company and of the incoming resources and applicallon of resources, including the income and expenditure. of th8 tharÉtable company for Ihat parlod. In preparing the financial statements, the trustees are required to.. select suitable accounting p)licies and th8n apply them consistentl. obseNe the Methj$ and principles in the Char¢ties SORP.. make judgements and estimates that are reasonable and prudent.. prepare the financial Statements on the going ¢on¢em basis unless it is inappropriate lo presume that the charity will continue in business. The Iruslees are responsible for keeping proper accounting reCrdS that di$dose wrth reasonable accuracy al any lime the financial position of the charitable company and lo enabl8 them to ensure that the financial statements comply wth the Companies Act 2CKJ6. They are also responsible f safeguarding the asset5 of the charilable company and hence taking reasonable steps for the prevenlion and deleclion of fraud and other irregu18rilies. SMALL COMPANY PROVISION8 This report has been prepared In accordance wth the proVisD$ applicable lo companies entitled lo the small compani8s' exernption. INDEPENDENT EXAMINER The members have agreed to have ClaTk&'s Chartered Accountants as the Independent Examiner By order of the Board Alisdair Cameron Trustee Approved by the Board on 24th October 2022
CHILLI STUDIOS (NEWCASTLE AND GATESHEAD ARTS STUDIO) LIMITED (trading as Chllll Studlosl TRUSTEES. REPORT AND INCORPORATED STRATEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2022 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHILLI STUDIOS INEWCASTLE AND GATESHEAD ARTS STUDIO) UMITED I report lo the charity trustees c my examinatN)n ol the accounts of the o)mpany for thè year ended 31 March 2022 which are set out on pages 8 to 17. Rgsponsibllltl•s and bas1$ of pOrt As the charity trustses of the company land also its direcaors for the purposes of company lawl you are responsible for th8 preparation of the aceounls En accordance wth the requiremen15 01 the Companies Act 20061.the 2006 Art'l. Having satisfi1 mysèm that the accounts of thè company are not required lo bè aL1td under Part 16 of th8 2006 Act and ar8 ellgible for indepgndonl examlnation, I reM in rfrst of my examination of your cornpany's accounts as carried Jt undér SM)n 145 01 the Chariti8s Act 2011 {'the 2011 Acl'l. In carylThJ out my examlnation I have followed the Dbrectlons gNen by the Charty Commission und8r sgction 145(Sllbl of the 2011 Ad. Independ•nt •xomlnerfts statement I have completed my èxamination. I confirm Ihal no rnatters have comè to my attention in ¢onn¢¢lion with the examination giving me cause to believe Ihal in any material respect.. acco¢Jnting r8cords were nol kepl in respgct of company as required by sg¢tion 386 of the 2006 Act.. or 2. the accounts do not accord wrth th0$6 records.. or 3. thè accounts do not comply wlth the accounting requirem8nts of section 396 of tho 2006 Act othgr than any requirement that the accoLtnts givo a 'true and fair vEw' Wh L8 not a matter consideT8d as part of an independent examination; 4. the accounts havè not been prepared in accordan¢9 With the methL¥Js and principles of the Statemènt ol Recommended Practicè lor accounting and reming by tharilies lapplicable to charitres preparing their 8c¢ounts in 8¢tordance with Ihe Financial Ret>orting Standard applic8ble in th& UK and Republic ol Ireland IFRS 10211. I hav8 no ¢oncems and have c(Mne across no other maltets in connectK)n with thè èxamination lo which attention shoukl be drawn tn this repM)rt in order to gnable a proper understanding of the accounts to be reach8d. Signed.. ffftc Parnela M Clarke Relevant Professional body." ICAEW on behalf ol Clarke's Chartered AcCntants 176 PoTtland Road, Jesmond, New(2$11e upon Tyne. NE2 1DJ Date.. 13 2022
CHILLI STUDIOS INEVITCASTLE AND GATESHEAD ARTS STUDIO) LIMITED (trading as Chilli Studlos} STATEMENT OF FINANCIAL ACTIVITIES Ilncorporating Income and Expenditure Accounti FOR THE YEAR ENDED 31 MARCH 2022 Unrestricleil funds Restricted funds 31 Mah 2022 Total 31 March 2021 Total INCOME FROM: Donats'ons and legacies charitab activities Other income Other trading athilies 3.091 8,061 3.091 207,700 1,105 245,466 4,464 193,639 Total incom• 15.772 199.639 215,411 257,490 EXPENDITURE ON: Charitab actIVrts 191,715 192.623 241.395 Totsl •xpenditurn 191.715 192,623 241,395 Ngt in¢omo116xpendilurel 14,864 7,924 22.788 16,095 Transfers Bea•n Funds 12601 260 Total funds brought forward 11774 Tol81 lund¥ carried forward 104,279 19.958 124,237 101,449 The statement ol financial actr¥rfio$ includes all gains and losses rectyJniged in th8 year. All income and expendilure relales to n11n1n9 actsvilies. The rLeS on 10 ID 17fNm pwt firlal slatements.
CHILLI STUDIOS (NEWCASTLE AND GATESHEAD ARTS STUDIO> LIMrrED Company Regi5trat¢on Numtrr 05028177 (trading a5 ChÉlli Studiosl BALANCE SHEEr AS AT 31 MARCH 2022 Nots5 2022 2021 Current assets Debtors Cash at bank and in hand 2,445 2.489 169 273 196,599 171.762 Creditofs: amounts falling due within ong year N•t as86ts 12 124.237 101.449 The funds ol th• chartty Restrictod funds Unreslrict8d funds 19,958 104.279 11,774 Total charlty lunds 124.237 101,449 For the year ended 31 M8r¢h 2022 the company was entitled lo ex8mpli¢n from audil under section 477 of the Companies Ac12(K)6 r8lating to small companies and its rnembers have nol required the company lo obtain an audit ol rts financial statements for the year in quastion in a¢¢oTd8nce with section 476. The trustees ackno9&3 th8lr Tesponsibllttles for wmptying wrth the tsquirements of the Act to accounting records and the preparation financial stal8mgnts. These financial statements were approved by the membèrs of th8 committee and authorised for Issuè on 24th October 2022 an¢ are signe(l on their behalf by.. Alisdalr Cameron Tnjslee A,saLF The ptye$ 10t0 17 fL¥m &atwnorts. Thég• Unaudtt finarKa have boen su¥Kt to lndEpenderrtexAnatioft. See rerthon pa9È 7.
CHILLI STUDIOS {NEWCASTLE AND GATESHEAD ARTS STUDIO) LIMITED {trading as Chilli Studios) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accounting policl•s Basls of preparatlon The financial slatoments have been prepar80 in a¢o)rdance with the Stslement of Recommended Practice.. AccountiEVJ and Reporting by Charities preparing Iheir accounts in accordance with the Financi81 Rewrting Standard applicable in the UK IFRS 1021. charrtL"es SORP IFRS 1021 and the Compan5 A¢1 20(. Chilli Studios INewcastle and Gateshead Arts Studio} Limited 15 a Charilablo Company limited by Guarantee, rogisted in EngiaNI. Thè th8Fity rreels the definition of public beneft entity under FRS 102. Assets and Ilabilities are initialty reccgnised at historical cost of transacbon value unless othgrwtse slated in the relevant accounting policy noie. In accordance with FRS 102 las Vised by Update Bullelin 11 th# tharity has not pr8sontad a statement of cash Ilows, as the charity is small. Tht 11n8ncial slalfrmenls are presented in sterling whith is also the funclional ¢urfency ol the Charitable Company. The ftKjnEry amounts in th8$9 financial stslemenls aré rounded to the nearest £. except whère Oihorwise indicaled. Golng conc•m Financial Reporting Standard 102 requires. il approprialg, the ¢harity's finandal statements are prepared on the going concern basis. which m&an$ Ihal the charity is able to operale for th• for8$99aOle lulure on Ihe basls of kn(Mn and reasonable proiect8d rèsources. There are no material uncertainlh8S in respect ol the charity's abslity to conb.nue as a going concern. Athough the nature of donations and grants be drfficuf( lo lorecasl. the trUStS believe tl)ere is suifiuenl supFy)rt to the charity io enable ihe charily to continue lo meet its liabililies as they fall due. As a result the going concem basis of accounting is appropriate. Income Income is rec¢4Jnlsed in the period in wh the Charitab company has Onutment lo the funds. any condrtKJns attachod lo the incoffie have been m¢1, it is probab that the Income wsll be receivod, and th8 amixjnt can be measurgd feliably. Donalions andgrnnls Income from donations and grants. indudlng ca1 grants, is induded in income when thes8 a receivab, except as fOlW$- When the donors specify that donations and grants gwen to Ihe charity must used future accounting periixls, thè inco¢ne deferred unlil Ihos8 lIods. Whan donors impose condit¥)ns whk* have io be lulfilled before the chartty becomes entitled to Use such income. the income is deferred and not includ8d sn incoming resources unfjl th6 prg- condltw)ns for use have been met. When donors SPBufythat donations and grants, induding capital grants. are for particular restrict6d purposes, which do not amcxJnt to pre-conditK>ns regarding enlrtletnent. thi5 income is included in income of restrfcted funds when receab. The note5 on pages 10 to 17 tom) rtrthese 0Cial statements. 10
Accountlng pollcl¢s (continued) Income from chaiFlable actwities Income from charrtable activities is recojnised in the Slatement of Financial ActNities as received. Investment income Interest on funds held on deposit 15 included when receivable and the aftUnt can be measuwj reliably by the chanty,. this is normalty upon tCatIOn of Ihe interest paid or payable by the bank. Expenditure Expenditure is 811 considered as expenditure on charitable activiiies. EXpeThjitu is rwJnised once there is a legal or constructive obligation to make a payment to 8 third paty; it is probable that setuement will r8quired and the arTh)unt of th8 obl&ab"on Can i measured reliably. Resources expended are induded in the Stat8monl ot FinBrKi81 Actwits"es on an aalS basis. Inclusive of VAT. They indudo- Charilabl8 expenditure which comprises thc68 costs in¢>Jrred by the ch8nty In the delbvery ol its activities and sgtvices lor its benerlaries. Govémance costs indude those costs asscoale(1 with meeting the constitution81 and stslutory requirements ol the charity and Includè the costs linked to tho strategic m8nagement of th& charily. AJI costs a allocated between th8 gKwndf(ure categories of th8 Ststemgnt of Financral Aclivitsgs on a basis designgd to rofl&ct the uso of rosOur5. Employee bènaflts Th¢ Costs of short-lerm empkyee b8rffts 0 fecognlsed as a liability and an expense. unbss these costs are qUired lo b6 caytalised as an intangible or tangibl8 fixèd assel. Cortain employee8 8fe entild lo cary fon¥Brd unu8ed holKJ8y elliement at the rewbng dat¥. The cost of any unus8d enttttemenl is ieLxvJni59d In tho parlod In whlch th& employee's $8rvle8s arg roquirad. R8tlr•m•nt bèndtt For defined contribution schemes the am(xJnt tharged lo income and expend¢iur• is th• c¢nlribulions payable in thg year. Differtsn¢es ten o)nlribJtions payable in the year and contributions actually paid are shown as either accruals or prepayinenls. Fund accountlng Restriclod fjund8 Restricted funds have bB8n provided to the charity for parlicular purposes. The trusiees cai8fully monitor the applic8liorÉ of these funds in accordance with the r8slrictDn placed upon them. unstricted fvnds The thanty maintains a general unreStnCt fund which represent5 funds which are expended at lh• discrgtlon of the trustees in furtherarsc8 of th9 Otiectivos of th8 chartty. Finan¢lal instruments l ol the chanty's financial asse13 and financial h"abiliti"es qu8lrfy a5 basic finanaal instruments. Basic financial instTumènts are initially recognised at transaclitin value and subsequently measur8d at théir settlement value. Accounting policies (confinued) Cash at bank and in hand Cash at bank and in hand InLeS deposits hekl at 11 with banks. Th• ThJtes on pages 10 to 17 fomi partotthese fiftala1 statetnents.
Creditors and provisions Creditors an(J piovisions are TecoJnised where the charity ha5 3 present obligation resuliT"ng from past 8V8nt that will probably rosult in Ihe transfw ot all funds to a third party and the arnount due to setue the obligation can be mèasured or ests'maied reliabty. credito and provisKJns are nomialty recognssed at their settkmenl amwnt. Critical accounting estimates and areas of ludgmant Estimates and judgements are conb"nually evaluated and are based on historical experience and other factors. including expèctation of future events that ar8 believed to be reasonable under rCUMstanCes. Cntical accounting es'mat¢S andassumptions The charity makes estimat85 and assumplions conc&ming the future. The resulting a¢countiThJ estimaltrs and 835umptions wsll. by defin"0. sekjom equal the lated actual r05uIts. Donations and lggaclos ilnrestrl¢t•d funds Restricted funds 31 March 2022 31 March 2021 Oonations Income from charftabl• actlvlties Unr•stri¢t•d Re8trlct•d funds 31 M•r¢h 2022 31 Mar¢h 2021 Grants M¥mbtrr5 contn'bulion5 199.638 199,638 241.379 8,061 199.638 207,699 245,466 In¢ome froffl other Iradlng aetiviti•$ Unr•5trfctod funds Restrlcied fund8 31 March 2022 31 M•r¢h 2021 Sal8s of g¢)ods 4,620 4.620 6.455 Expendsture on charltablo xtlvÉtiOS Dlreci costs 31 March 2022 31 MNrch 2021 Funding for the piomotion ol art artistic and creative activ%lies G0Veman cosls The notes on pages 10 10 17 part of these ffin8noal 8tat8ment8. 112,650 75.368 188.018 238.322 4.605 12
112,650 79,973 192.623 241.395 Expenditu oft charitsble activities was £192.623 12021.. £241.3951 of whi¢h £908 12D21'. £13.8441 was unrestricted and £191.715 {2021.. £227.5511 was iestncted. Support cost5 are made up of: 31 March 2022 31 March 2021 Support staff costs Rent Rèpairs and maintenance Legal and professional less Promotion and n8rketsng Insurance Other support costs Govem8n¢e costs 48,816 19,866 460 48.915 17.714 1.109 33.049 327 748 1.359 319 849 5,058 79,973 106.294 Governance costs arg made up as folh)ws.' 31 March 2022 31 March 2021 Accountancy servlcos Ind&pendgnl examination Companies House filing f8•s 3.452 1.140 1,920 1,140 13 4,605 3.073 Nel outgoing r•sourc•$ 31 March 2022 31 March 2021 The net OLttgoing resources for the ye* is Staled after charging.. Clarke's fa8s: Independent examination 1,140 1,140 Staff costs, trustee remuneratton and expenses. and the cost of k¢y management porsonnèl Staff ¢o$ts 31 March 2022 31 Maroh 2021 The note$ on pa98s 10 trj 17 fomi part ofthese finanaal statements. 13
Wages and salaries soal security costs Other pensv)n costs 103.864 4.183 108.431 4,559 112.341 117.225 Particulars of gmployees The average number of staff empbyed by the charity during the year amcNJnts to.. 31 March 2022 31 March 2021 Managemenl and 8dminkslration staff No emoYeeS eamed in excess of £60.CKKI during the year12021". nll. No expense5 were reimburs8d to thè trustee5 during the yoar (2021.. £nill. Key management p•rsonnel The key manag$rnenl personnel of Ihe charity is Iksted page 1. The total anx)unt ol efflployee benefits linduding employer pension contribLtbonsl received by key m8n8gemenl personn81 lor thelr $ervi¢es to the charity was £32.76212021.. £31,202). Dgbtors 31 March 2022 31 Mr¢h 2021 Prepayments and accrued income 44 2,445 2.489 Crodltors.. amounts talllng du• TAthln ong year 31 March 2022 31 March 2021 Trade creditor5 Accruals and defee irKxJme 2,142 72.362 70,313 10. D•fèrr•d income 31 March 2022 31 March 2021 The notes on pagès 10 10 17 fwm part tsfthese finatThl statetn8nts. 14
Deferred incorne at 1 April 2021 Released from previou5 years AM0ts deferTed in the year 65.321 165.3211 68.640 {68,6401 D&ferted in(xJme at 31 March 2022 65.416 65,321 Th8 nol8s on pages 10 to 17 ftym part ofljwe financial 5taternents. 15
- Anatysis of charitabl• funds Asat 31 March 2022 1 Aprll 2021 In¢omg Expendltur8 Trdn5fers Restricted fund5 Big Lottery Fund Newcastle Cultur81 Investment Fund Newcastle Fund Lloyds Bank Foun¢Jab"on Héritage Lottery Fund COVID Henry Smth Match Challenge Tudor Trust Others 6.133 370 61,517 19.433 150.4931 121,1001 17.157 11.2971 12601 {1,5801 1161 {1.2591 1.630 260 22.479 4.167 28.599 120,8991 14,1511 127.3401 11.6301 11,774 199.639 (191,7151 260 19,958 Unrestrict•d funds General 908 260 Totsl fund$ 101.449 215.411 {192.6231 124,237 Our thanks lo the 8ig Lottery Fund. Ihe Baring Foundation . Lkbyds 8ank Foundation, the Henry Smith Fund. the Barbour FOundatft. thÈ H05pItsI of G¢ at GathaM. Ihe Ne%vG4stle Cultural Investment Fund. th8 Wlllan Charitable Trus¢. the Heritage Lottery Fund, Garfielcl Weston. Building Commtjnilies, Aw8rds 4 1. BUPA. Graggs FoundatK)n. ihe Linden Famity Fund, Connected Voice, the Ringion Fund, the Suicide Pvention Fund and the P&G Fund for their kind donations. unrtricttsd funds Thè trustees have identified the need to ho suffi¢bent conlsrYJency funds to meat its liabilities in th8 èvent of a vrinding up. At 31 March 2022 these were estimaled at £70,000. 12. Anatysls of net assots b•tw••n lunds Unrnstrict•d funds Restricted funds Total 2022 Total 2021 Current assets Current liabilities 6.496 4096 1W.103 196.599 171,762 2,400 121.837 124,237 101.449 13. Rotlrom•nt bènefits The charrty operates a defined Gontribubon pensw)n scheme for all qualifying employees in the United ngdom. The assets of the scheme are hejd separatety from those of th& chartty in an independently The notes on pages 10 to 17 part ofthese rThr1 statements. 16
admintS18red fund. The contributitins p8yable by the d)arity expensed to IrMe and exFenditure arnounted to £4.29412021.. £4.2351. The were no outstanding amounts payable at the year end. 14. Legal status of ¢harity The charity is 8 company limrted by guarantee and has no share pital. In the event of the charity being wound up, the liabilrty in respect of the guarantee limrted to £1 per member of the charity. Taxation 15. The charity is exempt from lax on income and gains falling within Secbon 505 of the Taxes A¢1 1988 or Section 252 of Ihe Taxation of Chargeable Gains Act 1992 to the extent that thèsè ar8 appliod to Its eharitable objects. No tax charges have arisen in the char5ty. 16. Volunteer TIM• The charity places greal value the cofttribulions that volunteers make to tha tsrganisation. Wa benefit&d grvatly, not only from the considerable tiwne, energy and expertis8 given by Ihe Board of Trustees. but other volunteers as well. Last year the sludio bonefitgd from 21 volunteers being engaged in the seNi¢e. The notes on pages 10 to 17 rArt ol Ihe8e finarKaal statetnerts. 17