2023-03-31-accounts

		Page
Legal and Administrative	Information
Report ofthe Board ofTrustees		2-6
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Accounts		10-14

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3.	Charitable	activities
							2023	2022
							E
	Payments to contributors						3,288	4,672
	Commissioning, mentoring				and access		7,105	4,156
	Editor's fees						20,139	18,547
	Administration	fees					23,716	18,660
	Digital editor	fees					15,467	14,709
	Creative Apprenticeship						5,011	1,013
	Design, print	and proofing					13,790	11,853
	Postage and	agents' charges					7,094	6,117
	Marketing and events						5,848	2,813
	Administration	costs and		miscellaneous			2,107	1,659
	Travel						1,247	298
	Governance	(note 5)					1,363	1,848
	Web hosting						421	663
							106,596	87,008
4.	Governance	costs
							2023	2022
							E
	Expenses reimbursed		to	Trustees
	Board meetings							460
	Companies	House filing					13	13
	Independent	examiner's		fees			1,350	1,375
	Support fees —under/(over)				accrued	in previous year
							1,363	1,848

Debtors
	2023	2022
Trade debtors	3,137	4,294
Pre payments	1,982	2,098
	5,119	6,392

Creditors
					2023	2022
					F
Trade creditors					808	471
Accruals and other creditors					5,226	5,105
Deferred subscription		income			9,386	10,042
					15,420	15,618
Funds
			Total Funds			Total Funds
			1st April			31stMarch
			2022	income	Expenditure	2023
			F		F
Restricted Funds:
ACE NPO Grant				50,920	(50,920)
ACE Project Grant			11,563	11,531	(20,216)	2,878
The Previous	Song	(Somali focus 2/22):
Kayd Somali	Arts 8	Culture		1,980	(1,980)
Call the Sea a	Poet	(Maltese focus 2/23):
Book Council	of Malta			1,993		1,993
Residencies and Partnerships:
University of	Liverpool—
Ukrainian	translations		online	1,000	(1,000)
			11,563	67,424	(74,116)	4,871
Unrestricted Funds			49,106	20,847	(32,480)	37,473
Total			60,669	88,271	(106,596)	42,344

	'
8.		Funds (continued)
					Total	Funds			Total Funds
					1stApril				31stMarch
						2021	Income	Expenditure	2022
						E	F	E
		Restricted Funds:
		ACE NPO Grant					50,920	(50,920)
		ACE Project Grant					14,414	(2,851)	11,563
		Clean Hands (Pandemic in Europe 1/21):
		European Cultural	Foundation			6,973	2,759	(9,732)
		If No One Names Us (Mexico			2/21):
		The Polish Cultural	Institute				3,500	(3,500)
		Slap-Bang (German-Language			Poetry 3/21):
		Goethe Institute					500	(500)
		The Queen's College, Oxford					250	(250)
		University of Oxford
		Faculty of Medieval		& Modern Languages			750	(750)
		Pro Helvetia					852	(852)
		Residencies and Partnerships:
		Collaboration with	the	Poetry	Society's
		Young Poets'	Network				100	(100)
		Collaboration with	the	Ledbury	Poetry Festival:
		critics' residencies		and readers' fees			600	(600)
						6,973	74,645	(70,055)	11,563
		Unrestricted Funds				40,959	25,100	(16,953)	49,106
		Total				47,932	99,745	(87,008)	60,669

Fund ba	lances	at	31st March 2023 are represented	by:
					Unrestricted	Restricted
					Funds	Funds	Total
					E	F	E
Stock					150		150
Debtors					5,119		5,119
Cash at	bank and		in hand		47,624	4,871	52,495
Sundry	creditors				(15,420)		(15,420)
					37,473	4,871	42,344
Fund balances		at	31st March 2022 are represented	by:
					Unrestricted	Restricted
					Funds	Funds	Total
					E	E	E
Stock					150		150
Debtors					5,290	1,102	6,392
Cash at	bank and		in hand		59,284	10,461	69,745
Sundry	creditors				(15,618)		(15,618)
					49,106	11,563	60,699