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|Reference and Administrative
Details||
|---|---|
|Trustees'
Report|2to 6|
|Independent
Examiner's
Report|7to 8|
|Statement
of Financial
Activities||
||10|
|Balance Sheet||
|Statement of Cash Flows||
|Notes to the Financial Statements|12to 24|
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|||(Including
Inco|me and Expenditu|re
Account and|Statement o|f Total Recognis|ed
Gains and L|osses)||
|---|---|---|---|---|---|---|---|---|---|
|||||||Total|||Total|
|||||Unrestricted|Restricted|2023|Unrestricted|Restricted|2022|
||||Note|E|E|E|E|E|E|
|Income and Endowments||from:||||||||
|Oonations
and legacies||||30,005|31,500|61,505|35,032|102,896|137,928|
|Charitable
activities||||2,850||2,850||1,200|1,200|
|Investment
income||||57||57|||2|
|Total Income||||32,912|31,500|64,412|35,034|104,096|139,130|
|Expenditure
on:
Charitable
activities||||(74,261)|(27,734)|(101,995)|(57,769)|(28,525)|(86,294)|
|Total expenditure||||(74,261)|(17,734(|~((97 993|(57,769)|28,525)|(86,294)|
|Net (expenditure)/Income||||(41,349)|3,766|(37,583)|(22,735)|75,571|52,836|
|Transfers
between|funds|||75,508|(75,508)|||||
|Net movement
in funds||||34,159|(71,742)|(37,583)|(22,735)|75,571|52,836|
|Reconciliation
offunds||||||||||
|Total funds brought|forward|||12,016|124,594|136,610|34,751|49,023|83,774|
|Total funds carried|forward||17|46,175|52,852|99,027|12,016|124,594|136,610|
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|||(Registration
numb
Balance Sheet as at|er: 05462708)
31March 2023|||
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|f|f|
|Fixed assets||||||
|Intangible
assets|||||2,015|
|Tangible assets|||12|1,060|1,673|
|||||1,060|3,688|
|Current assets||||||
|Debtors|||13|247|298|
|Cash at bank|and in hand||14|101,756|140,736|
|||||102,003|141,034|
|Creditors: Amounts||falling due within one year|15|(4,036)|(8,112)|
|Net current|assets|||97,967|132,922|
|Net assets||||99,027|136,610|
|Funds ofthe|charity:|||||
|Restricted income funds||||||
|Restricted
funds||||52,852|124,594|
|Unrestricted|income|funds||||
|Unrestricted|funds|||46,175|12,016|
|Tota I fun ds|||17|99,027|136,610|
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|Statem|ent|of Cash|Flows for the|Year Ended 31|March 2023||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||Note|f|f|
|Cash flows from operating|activities||||||
|Net cash (expenditure)/income|||||(37,583)|52,836|
|Adjustments
to cash flows|from non-cash||items||||
|Depreciation|||||613|612|
|Amortisation|||||2,015|2,015|
|Investment
income|||||(57)|(2)|
||||||(35,012)|55,461|
|Working capital adjustments|||||||
|Decrease
in debtors||||13|51|12,619|
|(Decrease)/increase
in creditors||||15|(4,076)|2,157|
|Net cash flows from operating||activities|||(39,037)|70,237|
|Cash flows from investing|activities||||||
|Interest receivable
and similar||income|||57|2|
|Purchase oftangible
fixed|assets|||12||(1,797)|
|Net cash flows from investing||activities|||57|(1,795)|
|Net (decrease)/increase
in|cash and cash||equivalents||(38,980)|68,442|
|Cash and cash equivalents|at|1April|||140,736|72,294|
|Cash and cash equivalents|at|31March|||101,756|140,736|
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|3
Income f|rom|d|onat|ions
and leg|acies||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||||
||||||||Total|Total|
||||||General|Restricted|2023|2022|
||||||f|f|E||
|Donations
and legacies;|||||||||
|Donations|from||individuals|||||32|
|Grants,
including||capital grants;|||||||
|LBL —Core|grant||||30,000||30,000|35,000|
|London Borough|||of|Culture||1,500|1,500|36,500|
|Lewisham|Inclusive|||Growth|||||
|Builder||||||||40,000|
|LBL - Fundraiser|||host|||30,000|30,000||
|Arts Council
England||||||||13,483|
|LBL-CEZ||||||||12,913|
||||||30,005|31,500|61,505|137,928|
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||||||||Unrestricted||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Total||Total|
||||||||General|2023||2022|
||||||||f|f||E|
||Goldsmiths|||||||||1,200|
||Fees and supplies||||||2,850|2,850|||
||||||||2,850|2,850||1,200|
|5|Investment||income||||||||
||||||||Unrestricted||||
||||||||funds|Total||Total|
||||||||Designated|2023||2022|
||||||||f|E||E|
|Interest receivable||||and similar||income;|||||
||Interest receivable||||on bank|deposits|57||57||
|6|Expenditure||on||charitable|activities|||||
|||||||||Total||Total|
|||||||||2023||2022|
||||||||Note|||f|
|Amortisation||ofwebsite development||||||2,015||2,015|
|Telephone||and|fax||||||490|581|
|Staff costs||||||||73,379||60,485|
|Project costs||||||||13,728||12,620|
|Support costs||||||||12,383||10,593|
|||||||||101,995||86,294|
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|Support|costs||||
|---|---|---|---|---|
||||Total|Total|
||||2023|2022|
||||f|f|
|Rent|||6,682|6,626|
|Insurance|||349|372|
|Office expenses|||428|80|
|Printing,|postage and stationery||174||
|Sundries|||714|1,031|
|Independent||examination|1,854|1,734|
|Legal and|professional||1,509|138|
|Bank charges|||60||
|Depreciation||ofoffice equipment|613|612|
||||12,383|10,593|
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|9
Staff costs
The aggregate
payroll costs were as follows:|||
|---|---|---|
||2023|2022|
||f|f|
|Staff costs during the year were:|||
|Wages and salaries|71,589|59,085|
|Social security costs|66||
|Pension costs|1,724|1,400|
||73,379|60,485|
|2023|2022|
|---|---|
|No|No|
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|11 Intangible
fixed assets||||
|---|---|---|---|
||Other|||
||intangible|||
||asset||Total|
||f||f|
|Cost||||
|At 1April 2022||8,060|8,060|
|At 31March 2023||8,060|8,060|
|Amortisation||||
|At 1April 2022||6,045|6,045|
|Charge for the year||2,015|2,015|
|At 31March 2023||8,060|8,060|
|Net book value||||
|At 31March 2023||||
|At 31March 2022||2,015|2,015|
|12 Tangible fixed assets||||
||Furniture|and||
||equipment||Total|
||f||f|
|Cost||||
|At 1April 2022||4,062|4,062|
|At 31March 2023||4,062|4,062|
|Depreciation||||
|At 1April 2022||2,389|2,389|
|Charge for the year||613|613|
|At 31March 2023||3,002|3,002|
|Net book value||||
|At 31March 2023||1,060|1,060|
|At 31March 2022||1,673|1,673|
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|13 Debtors|||||
|---|---|---|---|---|
||||2023|2022|
||||f|f|
|Prepayments|||247|298|
|14 Cash and cash equivalents|||||
||||2023|2022|
|||||f|
|Cash at bank|||101,756|140,736|
|15 Creditors: amounts||falling due within one year|||
||||2023|2022|
||||f|f|
|Trade creditors||||1,578|
|Other taxation|and social security||1,914|2,219|
|Other creditors|||268|2,581|
|Accruals|||1,854|1,734|
||||4,036|8,112|
|16 Pension and other||schemes|||
|Defined contribution||pension scheme|||
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|Current period|||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at 1|Incoming|Resources||31March|
|||April 2022
f|resources
f|expended|Transfers
f|2023
f|
|Unrestricted|||||||
|General|||||||
|General
Funds||(3,229)|32,855|(74,261)|75,508|30,873|
|Designated|||||||
|Contingency||15,245|57|||15,302|
|Total unrestricted||12,016|32,912|(74,261)|75,508|46,175|
|Restricted|||||||
|LBoCSchools Consultation||5,000|||(5,000)||
|LBocEducation|Partner|17,091|1,500|(1,249)|(17,342)||
|Lewisham
Live||14,200||(955)|(11,760)|1,485|
|Army of Creatives||37,342||(15,461)|(5,881)|16,000|
|CEZ||50,283|||(26,847)|23,436|
|CEC - Bellingham|Project|465|||(465)||
|A New Direction||213|||(213)||
|Fundraiser
host|||30,000|(10,069)|(8,000)|11,931|
|||124,594|31,500|(27,734)|(75,508)|52,852|
|Total funds||136,610|64,412|(101,995)||99,027|
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|Previous period|||||||
|---|---|---|---|---|---|---|
||||Balance at 1|Incoming|Resources|Balance at31|
||||April 2021|resources|expended|March 2022|
||||f|f|f||
|Unrestricted|||||||
|General|||||||
|General
Funds|||19,508|35,032|(57,769)|(3,229)|
|Designated|||||||
|Contingency|||15,243|||15,245|
|Total unrestricted|||34,751|35,034|(57,769)|12,016|
|Restricted|||||||
|LBLEarly Years||Music||5,000||5,000|
|LBLInformal|Learning|||31,500|(14,409)|17,091|
|Lewisham
Live|||5,690|13,483|(4,973)|14,200|
|Youth Arts Network||||40,000|(2,658)|37,342|
|CEZ|||42,655|14,113|(6,485)|50,283|
|CEC - Bellingham||Project|465|||465|
|A New Direction|||213|||213|
||||49,023|104,096|(28,525)|124,594|
|Total funds|||83,774|139,130|(86,294)|136,610|
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|Current|period|||||
|---|---|---|---|---|---|
||||||Total funds at|
|||Unrestricted|funds|Restricted|31March|
|||General|Designated|funds|2023|
|||f||f|f|
|Tangible|fixed assets|1,060|||1,060|
|Current|assets|17,302|15,302|69,399|102,003|
|Current|liabilities|(4,036)|||(4,036)|
|Total net assets||14,326|15,302|69,399|99,027|
|Previous||period|||||
|---|---|---|---|---|---|---|
|||||||Total funds at|
||||Unrestricted|funds|Restricted|31March|
||||General|Designated|funds|2022|
||||E|f|f|f|
|Intangible||fixed assets|2,015|||2,015|
|Tangible||fixed assets|1,673|||1,673|
|Current|assets||1,195|15,245|124,594|141,034|
|Current|liabilities||(8,112)|||(8,112)|
|Total net||assets|(3,229)|15,245|124,594|136,610|