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 nUM￿r 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 rep￿SentatIOn
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 ne￿orkS 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 wel￿me. 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 I￿8￿ 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 bett￿place than I was befo￿ Ij￿ned the stud￿$..
ho SesS￿nS 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$5￿￿S with total attendanca of 7311
223 onlin8 sessions with total all&ndance of 1522
100 peer led sessions with totsl attendan￿ of 805
53 8venls and productions with total attendance of 911
20 cultural trips and outdoor activities wlh total attendance of 119
18 training sessions with total attendance of 258
262 crisis support sessions wlh loial attendan￿ of 288
FINANCIAL REVIEW
The charity's financial posttion ai the end of this year is shown ￿ the attached financial statements.
The figures show a relalfvely balanced income versus expenditure OV8r the year wf(h some
re$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 ¢oF￿￿M 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 Meth￿j$ 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 reC￿rdS that di$dose wrth reasonable
accuracy al any lime the financial position of the charitable company and lo enabl8 them to ensure
that the financial statements comply wth the Companies Act 2CKJ6. They are also responsible f
safeguarding the asset5 of the charilable company and hence taking reasonable steps for the
prevenlion and deleclion of fraud and other irregu18rilies.
SMALL COMPANY PROVISION8
This report has been prepared In accordance wth the proVis￿D$ 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 satisfi￿1 mysèm that the accounts of thè company are not required lo bè aL￿1t￿d under Part 16 of th8
2006 Act and ar8 ellgible for indepgndonl examlnation, I reM in rfrs￿t of my examination of your
cornpany's accounts as carried ￿Jt undér S￿M)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 AcC￿ntants
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 Ma￿h
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￿ actIVrt￿s
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 Be￿a•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 ￿n11n￿1n9 actsvilies.
The r￿LeS on 10 ID 17fNm pwt fir￿l￿al slatements.

CHILLI STUDIOS (NEWCASTLE AND GATESHEAD ARTS STUDIO> LIMrrED
Company Regi5trat¢on Numtr*r 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 ackno￿9&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
lndEpenderrtex￿Anatioft. 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
Compan￿5 A¢1 20(￿.
Chilli Studios INewcastle and Gateshead Arts Studio} Limited 15 a Charilablo Company limited by
Guarantee, rogiste￿d 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 ftKjnE￿ry 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$99aOle lulure on Ihe basls of kn(Mn and reasonable proiect8d rèsources. There are no material
uncertainlh8S in respect ol the charity's abslity to conb.nue as a going concern. Athough the nature of
donations and grants be drfficuf( lo lorecasl. the trUSt￿S believe tl)ere is suifiuenl supFy)rt to the
charity io enable ihe charily to continue lo meet its liabililies as they fall due. As a result the going
concem basis of accounting is appropriate.
Income
Income is rec¢4Jnlsed in the period in wh￿￿ the Charitab￿ company has Onut￿ment lo the funds. any
condrtKJns attachod lo the incoffie have been m¢1, it is probab￿ that the Income wsll be receivod, and
th8 amixjnt can be measurgd feliably.
Donalions andgrnnls
Income from donations and grants. indudlng ca￿1 grants, is induded in income when thes8 a
receivab￿, except as fOl￿W$-
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 rece￿ab￿.
The note5 on pages 10 to 17 tom) ￿rt￿rthese ￿0￿Cial 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 aft￿Unt can be measuwj reliably
by the chanty,. this is normalty upon ￿t￿CatIOn 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 a￿￿alS 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 bener￿laries.
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 rosOur￿5.
Employee bènaflts
Th¢ Costs of short-lerm empk*yee b8r￿ffts 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 entil￿d lo cary fon¥Brd unu8ed holKJ8y elli￿ement 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 t￿￿en 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.
un￿stricted 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 In￿L￿eS deposits hekl at ￿11 with banks.
Th• ThJtes on pages 10 to 17 fomi partotthese fifta￿la1 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
so￿al 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 em￿oYeeS 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 M*r¢h
2021
Prepayments and accrued income
44
2,445
2.489
Crodltors.. amounts talllng du• T*Athln ong year
31 March
2022
31 March
2021
Trade creditor5
Accruals and defe￿e￿ 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
AM0￿￿ts 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

11. 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 FOundat￿ft. thÈ H05pItsI of G¢￿ at G￿athaM. 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 P￿vention Fund and the P&G Fund for their kind donations.
unr￿tricttsd 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 rThr￿1 statements.
16

admintS18red fund. The contributitins p8yable by the d)arity expensed to Ir￿Me 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