Company Registration Number: 6417261
Charity Registration Number.. 1122092
The Leyburn Arts Centre Limited
IA company limited by guarantee)
Annual Report and Financial Statements
For the Year Ended 30 April 2022

The Leyburn Arts Centre Limited
Contents
Reference and Administrative Details
Trustees, Report
2to3
Statement of Trustees, Responsibilities
Independent Examinerfs Report
Statement of Financial Actlvities
Balance Sheet
Notes to the Flnanclal Statements
8t014

The Leyburn Arts Centre Limited
Reference and Administrative Details
Chiel Executive Offlcer
Ms Jeannie Elizabeth Bishop, Chairperson (appointed Feb 22)
Trustees
Ms Jeannie Elizabeth Bishop
Mr Bertram Allen Harrison
Mr David Alexander Poole
Mr Anthonyjohn Smith (resigned Feb 22)
Ms Anne Teresa Wood
Prlnclpal Offlcè
The Old School House
Richmond Road
Leyburn
North Yorkshire
DL8 5DL
Registered Office
Thornborough Hall
Moor Road
Leyburn
North Yorkshlre
DL8 5A8
Company Re8 No.
6417261
Charlty Reg No.
11220920
Independent Examlner
Clarksons
Thornborough Hall
Moor Road
Leyburn
North Yorkshire
DL8 SAB

The Leyburn Arts Centre Limited
Trustees, Report
The trustee5, who are direttors forthe purposes of company law. present the annual report
together with the financial statements and independent examiner's report of the charitable
company for the year ended 30 April 2022.
Objectlves and activitles
Public beneAIt
The Charity Trustees durln8 the year to the 30 of April 2022 were the Dirertors of the
Company namely:
Ms J E Bishop
Mr B A Harrison
Mr DA Poole
Mr A J Smith (resigned)
MsATWood
The charities objectives are to advance the public art provision in Wensleydale and the
surroundlng area and to advance the public understandin8 of the arts through education
and performance.
During financial year 2021122 the Leyburn Art5 Centre was closed to the publlc perlodlcally
In line with Central Government restrictions due to the Covid pandemic. Part of the building
contlnued to be repurposed as the North Yorkshlre County Council.
Community Support Organisation {CSO) Hub for the Leyburn and Distrlct area, staffed bv
eight trained volunteers. As a result of providing the CS0 servlee to the Leyburn and District
commLtnity the or8anisation was able to obtaln some benefit from various Local
Government grants.
Althou8h the CSO contlnued to function forthe whole of the financial year, the Leyburn Arts
Centre Ltd was able to fulfil the majorlty of It5 charity obli8ations when central Government
re5trittions allowed it to do so.
The trustees confirm that during the entire financial year, strict financial controls were
maintained and that all financial obli8ations were addressed.

The Trustees confirm that they have complied with the requirements of Section 4 ofthe
Charities Act 2011 to have due regard to the public benefit guidance published by the
Charltles Commission for England and Wales
Structure. governance and management
Financial instruments
Objectives andpolicies
The Charitvs activities expose it to a number of financial risks including credit risk, cash flow
risk and liquidity risk. The use of financial derivatives is governed by the charit¢s policies
approved by the board of trustees which provide written principles on the use of financial
derivatives to manage these risks. The chartty doe5 not use derivatlve financ131 instruments
for Speculative purposes.
Credlt rlsk
The charity's principal financial assets are bank balances and cash, trade and other
receivables. The charity's credit risk is primarily attributable to it5 trade receivables. The
amounts presented in balance sheet are net of allowances for doubtful receivables. An
allowance for Impairment Is made where there is an identifiable loss event which, based on
previous experience, Is evidence of a reductlon In the recoverablllty of the cashflows.
The credlt rlsk on Ilquld funds and derlvatlve flnanclal Instruments Is Ilmited because the
counterparties are banks with high credit-ratin8s assigned by international credit-ratin8
agencies.
The charity has no significant concentration of credit risk. with exposure spread over a large
number of counterparties and customers.
Reserves Pollcy
As at 30 Aprll 2022 the charltable company's reserves of £76,751 were unrestrlcted. The
trustees periodically review the level of reserves. The review takes into account income and
expenditure streams. The trustees, objective is to build up reserves to ensure that sufficient
funds are available for ongoing operations and future developments.
The annual report was approved by the trustees of the charity on 16 January 2023 and
Signed on its behalf by:
Ms Jeannie Elizabeth Bishop
Chief Executive Officer and Trustee

The Leybum Arts Centre Limited
Statement of Trustees, Responslbllities
The trustees {who are also the directors of The Leyburn Arts Centre Limited for the purposes
of Company lawl are responsible for preparin8 the trustee5' report and the financial
statements in accordance with the United Kingdom Accounting Standards (United Klngdom
Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare flnanclal statements for each flnanclal year.
Under company law the trustees must not approve the financial statements unless they are
satisfied that they give a true and fair view of the state of affairs of the charitable company
and of its incomin8 resources and application of resources, includin8 its income and
expenditure, for that period. In preparing these financial statements, the trustees are
required to..
Select suitable accounting policies and apply them consistently;
Observe the methods and principles in the Charities SORP,.
Make judgements and estimates that are reasonable and prudent-
State whether applicable UK Accountln8 Standards have been followed, subject to
any material departures disclosed and explained in the financial statements,. and
Prepare the financial statements on the going concern basis unless it is inappropriate
to presume that the charitable company will continue in business.
The trustees are responsible for keepin8 adequate accountin8 records that are sufficient to
show and explain the charitable companrfs transactions and distlose with reasonable
accuracy at any time the financial position of the charitable company and enable them to
ensure that the financial statements comply with the Companies Att 2006. They are also
responslble for safeguarding the assets of the Charitable Company and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularitles.
Approved by the trustees of the charity on 16 January 2023 and signed on Its behalf bv:
Ms Jeannie Elizabeth Bishop
Chief Executive Officer and Trustee

The Leybum Arts Centre Limited
Independent Examinerfs Report to the trustees of The Leyburn Arts Centre Limited
I report to the charity trustee5 On my examination of the accounts of the charity for the year
ended 30 April 2022 which are set out on pa8es 6 to 14.
Respectlve responslbllltles of trustees and examlner
As the charity's trustees of The Leybum Arts Centre Limited land also iys directors for the purposes
of company lawl you are responsible for the preparation of the accounts in accordance wrth the
requirements of the Companies Act 2(￿l61'the 21x16 ACVI.
Having satisfied myself that the accounts of The Leybum Arts cent￿ limited are not required to be
audited under Part 16 of the 2￿6 Act and are eligible for independent examination, I report in
respect of my examination of your charitvs accounts as carried out under seciion 145 of the
Charities Act 20111'the 2011 Act'l. In carrying Out my examination I have followed the Dirertions
given by the Charlty Commlsslon under section 14515llbl of the 2011 Act.
Independent examlnerfs statement
I have completed my examination. I confirm that no matters have come to my attention in
connectlon with the examination 8ivin8 me cause to believe:
l. Accounting records were not kept in respect of Leybum Arts Centre Limited as required by
section 386 of the 2006 Act. or
2. The accounts do not accord with those records,. or
3. The accounts do not comply wilh the accountin8 requirements of section 396 of the 2006
Act other than any requirement that the accounts give a 'true and fair view which is not a
matter considered as part of an independent examination,. or
4. The accounts have not been prepared in accordan￿ with the methods and principles of the
Statement of Recommended Prartice for accounting and reporting by charities (applicable to
charities preparin8 their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 10211.
I have no concerns and have come across no other matters in connection with the
examlnatlon to whlch attention should be drawn in this report in order to enable a proper
understandin8 of the accounts to be reached.
16 January 2023
Clarksons
Thornborough Hall. Leyburn
North Yorkshire, DL8 SAB

Leyburn Arts Centre LlmEted
Stat•ment of Flnancial Actiwties for the Year Ended 30 April 2022
(Includlng Income and Expendltyre Account and Ststement of T(rtal Re(ognlsed
Galns and Losses)
Unrestrirted Restrfrted
fvnds
fund5
T4)ts1
2022
Note
Income and Endowments from:
Donations Grants and Le8acies
Charitable Activities
Investment Income
26,127
45.917
4,658
30,785
45,917
Total Income
72,047
4.658
76,705
Expendlture on:
Raisin8 funds
Charitable Actlvltles
26,064
23.950
1.414
3,244
27,478
27,194
Total Expendbture
50,014
4,658
54,672
Net Iexpendlturel￿fit0Mt
Net movement in funds
22,033
22,033
22,033
22.033
Re¢ondllatlon of funds
Total fund5 brought forward
54.539
54,539
Total funds carrled torward
13
76,571
Unrestrlcted
funds
76,571
Total
2021
Restrlrted
fvnds
Note
Income and Endowments from:
Donations Grants aftd Legacits
Charltable Activities
Investment Income
43,710
13,374
12
2.922
46,632
13,374
12
Total Income
$7.095
2.922
60,017
Expendtture on:
Ralslng fund5
Charitable Activlties
17,044
23,077
1,737
1.185
18.782
24,262
Total Expenditure
40,122
2.922
43,044
Net leKpendlturel/income
Net movement in fund5
16,974
16,974
16,974
16.974
R¢¢onclllatlon of funds
Total fund5 brought forward
37.565
37.565
Total funds carried forward
54.539
54,539
All of the charity's attSvities derive from contlnuing operdtions during thè above two periods.
The ftjnds breakdown for 2022 is shown in note 16.

Leyburn Arts Centre Llmited
{Registration Number 06417261)
Balance Sheet as at 30 Aprll 2022
2022
2021
Note
Fixed Assets
T3nEible assets
li
5.375
7,262
Current assets
Stocks
Debtors
Cash at bank and in hand
12
13
550
1.832
85,477
87,858
-6,077
81,782
87,157
.10,S85
76.571
550
1,138
64,263
65,951
-7,487
58,464
65,727
-11,188
54,539
Creditors: Amounts fallin8 due wfthln one year
Net current assets Iliabllltlesl
Total assets less current liabllltles
Credhors: Amounts falling due after more than one year
Net assets
14
15
Funds of the charlty:
Restrlcted funds
Unrestricted funds
Total funds
76.571
76,571
54,539
54,539
16
For the financial year ending 30 Aprll 2022 the charlty was entitled to exemptlon from
audlt under section 477 of the Companles Act 2006 relatin8 to small companies.
Directors, responslbilities
The members have not required the charity to obtaln an audit of its accounts for the
the year in question in accordance with section 476- and
The directors acknowledge their responsibilities for complying wlth the requlrements
of the Aci with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordants with the provisions applicable to
companies subject to the Small tompanies re8ime.
The financial statements on pages 6 to 14 were approved by the trustees, and authorised
for issue on 16 January 2023 and signed on their behalf bv:
Ms Jeannie Elizabeth Bishop
Chief Executive Officer and Trustee

LÈybum Arts Centre Llmlted
Notes to the Flnanclal Statements for the Year Ended 30 Aprll 2022
I Charity status
The charity is limited by 8Uafafttee, incofporated in England. and consequently doe5 not have
share Capital. Each of the trustees is liable to contribute an amount not eK¢eeding ÉNil towards
the assets of the charity in the event of liquidaiion.
The address of the re8iStered office is..
Thornborough Hall
Moor Road
Leyburn
North Yorkshlre
DL8 SAB
The principal place of business is..
The Old khool House
Aichmond Road
Leyburn
North Yorkshlre
DL8 SDL
These flnanclal statements were auior15ed for t55ue by the trustees on 16 January 2023
2 AccountlnB polkles
Summary of sl¥nlflcant accountlng pollcles and key a¢¢ountln8 estlmates
The prln¢lpal a¢¢ountln8 polldes applled In the preparation of these fin¥ndal statements are set
out below. These pollcies have been consisiently applled to all ihe years presented. unle55
otherwlse stated.
Stat•ment of complSan¢•
The Ilnancial statements have been Prepared In a¢¢ordance wlth Attountln8 and Reportlng by
Charltles'.Staternent of Recommended Practice applicable to charitie5 preparin8 their accounts In
accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland
IFRS1021 leffectbve I january 20151 Icharities SORP IFR510211, the Financial Reporting Standard
applicable in the UK and Republic tsl Ireland IFRS1021. They also comply with the Companies Act
2006 and Charltles Act 2011.
Basls of preparatlon
Leyburn Arts Centre Limited meets the definition of a public benefit entity under FR5102. Assets and
liabilitiès are initially recognised at historical cost or transaction value unless Otherwise staled
In the relevant accountln8 policy notes.
Goln8 concem
The trusrees consider that there are no material uncertainties about the charity's ability to
continue as a going concern rtoi any significant areas of uncertainty that affect the carrying
value of asset5 held by the charitv.
Exemption from preparinB a cash flow statement
The charity opted to early adopt Bulletin I published on 2 February 2016 and have Iherefore not
included a cash flow statement in these financial statements.
Income and ehdowments
All income Is recognised once the chaTiry ha5 entitlement to the income. It Is probable that the
income wi11 be received and the amount of the income receivable can be measured reliab￿.

Le￿rn Arts Centre Limiled
Notes toth• Flnantlal Statements lor the Year E￿Ied 30 Aprfl 2022
Donatlons and legades
Donations are reco8nised when the ¢harty has been noufied In wrftln8of LyJth Ihe amount and
settiernent date. In the event that a donatw)n 15 subknt to condrtion5 that reouire a level of
performance by the charty before the charity 15 entitled to the funds, the Income is deferred and
not recognised until eitherthose condition5 are fully met. or the fumlment of thos condittons Is
wholly within the control of the challty and R Is probaNethatthese conditw)ns will fulfilled
n the rewrting perK)d.
Grants receivable
Granrs are recogn15ed when the charfty has an entitlement to the funds and anyconditions
Ilnked to the grants have been rnet. Whete performance condttlons are ottsched to the 8rant and
ar eyet to be met, the incornè Is ￿t01n1￿d as a Il•blltyand Included on the b4l•nce She￿ 45
deferred Income t¢ be released.
EJtPondltur•
All expendkure Is recognlsèd once thert is a be8al Orconstruct￿e obllgatton to that expenditure.
Yt is probable settlement is ￿QUIred and the amount can be measured reliab￿. All costs arè
allocated to the app15cable expenditure heading that a88re8ate slmitsr costs to that category.
Where costs cannot be dlrertly att¥ibuted to particular headings thay have teen allocated on
basis conslstent wlth thè use of resources. wtth Central stsff costs alk*ated on the ba$15 01 tlme
spent, and depreciation tharges allocated on the p)rtbTh of the as3et'$ use. Other suprort
are allocated based on the spread of stsff costs.
R•bln8 fvnds
These are costs incurred In attractln8voluntsry Incomt, the managemertt of Irwestments and
those in¢urred In tr•dln8 actlvttles thèt ral3e lufids.
Support costs
Support costs in¢lude centril funrtbns and have teen 4lbuted to octlvlty cost cate8orfe5 on a
basls consI5tent w￿h the use of res•Jrtes. for ethrnpk. alkxat5ng propetyc95ts byflfy)r areas
or pèrcapita, staff costs by tht tlme $pent and other tosts by théir U￿Be.
Go¥ern•n¢• ¢<)sts
These Snclude the costs attdbut•ble to the charlty's compllance constttutknial and statutory
requlrements. lThcludln¥ a￿dit, strate£it rnana8emtnt and tnistte's meetln85 and ￿*M￿￿￿Tr
expenses.
Government grants
Govtsrnrnent grants art reco8nLsed based on the acuual mtxlel and are rneasurod at the falrvalu•
of rhe asset recelved or recelvable. fjrants are dassif*d as ￿lalIn6 eltherto revenue orto assets.
Gronts relatlng to revenue are recognised In Income overthe period In which the ￿lated costs ¥r•
recognised. Grants relatin8 to assets are rvoenised over the expetted useful life of the asset.
Where part of 4 grant relatln8 to an asset b deferred. It ￿ recognised a5 deferred income.

Leybum Arts Centre Limited
Notes to the Financial Statements for the Year Ended 30 Aprfl 2022
Taxatlon
The charity 15 considered to PaSS the tests set out in Paragraph I Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt frpm taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or
Section 256 of the Tèxation of Chargeable Gains Act 1992. to the extent that such income or galns
are applied exclusively to charitable purposes.
Tanglble Flxed Assets
Individual Fixed Assets tostlng £100.00 or more are initially recorded at Cost. less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and Amortisation
Depreclation Is provided on tangible fixed assets so as to wrlte off the cost or valuation, less any
estimated residual value, over their expected useful economic life as follows..
Trade debtors
Trade debtors are amounts due from customers for merchandlse sold or services performed in the
ordinary course of business.
Trade debtors are recognised inltlally at the transaction price. They are subsequently measured
at amortlsed cost uslng the effectlve interest method, less provision for imairment. A provision
for the impairment of trade debtors is established when there 15 objective evidence that the
charity will not be able to collect all amounts due accordin8 to the ori8inal terms of the receivables.
Cash and cash equlv•lents
Cash and cash equivalents comprise cash on hand and call dep051ts, and other short term highly
liquid inbestment5 that are readily convertible to a known amount of cash and are subject to an
Snsi8nifi¢ant risk of ¢han8e in value.
Trade credltors
Trade creditors are obligations to pay fof goods or services that have been acquired in the
ordinary course of business from suppliers. Accounts payable are classified as current liabllltles
if the charity does not have an unconditional right , at the end of the reporting period, to defer
settlement of the creditor for at least twelve months after the reportin8 date. If there Is an
unconditlonal right to defer settlement for at least twefve months after the reporting date, they
a￿ presented as non-current liabilltles.
Trade creditors are recognised initially at the transaction price and subsequently measured at
amortisèd cost using the effective interest method.
Fund strurture
Ursrestricted income funds are general funds that are available for use at the trustee's discretion in
furtherance of the objectives of the charity-
Restricted income funds are those donated for use in a particular area or for specific purposes, the
use of which is restricted to that area or purpose.
io

Leybum Arts Centre Limlted
Plotes to the Financial Statements for the Year Ended 30 April 2022
3 Income from donations and legacies
Unrestricted
funds
Restricted
funds
Total
2022
Total
2021
Donation5 and le8acies,'
Regular giving and capital donations
Gifts aid reclaimed
Grants, including capital grants;
Grants from other charities
Grants from Local Authorltles
2.127
2,127
2,041
1,288
3.370
4,658
1,288
27.370
30,785
2,922
41,669
46,632
24.LKQ
26.127
4 Income from charltable actlvltles
Unrestrfrted
funds
Re5trlcted
funds
Totsl
2022
Total
2021
Charitable activities
45,917
45,917
13,374
5 Investment Income
Unre5trfded
fvnds
Restrlrted
funds
Total
2022
Total
2021
Interest receivable
12
li

Leyburn Arts Centre limited
Note5 to the Financlal Statements for the Yeir Ended 30 Aprll 2022
7 Expendlture on ralsln8 funds
Unrestrirted
funds
Restrirted
funds
Total
2022
Total
2021
Cost of Raising Funds
26,064
26,064
1,414
1,414
27,478
27,478
18,782
18,782
8 Expendlture on charltable artkTitles
Unrestrirted
fvnds
Restrlrted
funds
Total
2022
Total
2021
Governance costs
23,950
3,244
27,194
24,262
£23,95012021- £23,077) of the obove expendlture wos ottrlbutoble to unrestrictedfvnds and
£3.244 (2021- £1,185) to restrirtedfvnd5.
9 Anal￿1$ of governance and support costs
Unrestrkted
funds
Restricted
funds
Totsl
2022
Total
2021
Audit fees
Legal fees
Marketing and publicity
Other 8overnan¢e costs
1.230
13
1,248
21,459
23.950
1,230
13
1,248
24,704
27.194
1,344
13
572
22,333
24,262
3,244
3,244
10 Taxation
The charity is a re8iStered charity and is therefore exempt from tsxation
12

Leyburn Arts Centre Llmlted
Notes to the Finantial Statements for the Year Ernded 30 April 2022
11 Tan8lble Flxed Assets
land and
buildin8$
Furnlture and
equipment
Total
Cost
Al l May 2021
Additions
Dlsposals
At 30 April 2022
53.031
34.244
$64
87.275
564
S3.031
87,839
Depreclatlon
At l May2021
Charge for the year
Disposals
At 30 Aprll 2022
51,469
28.544
1,450
80.013
2,451
S2,470
29,994
82,464
Net book ¥alu¢
At 30 April 2022
At l May 2021
561
4,814
5,7rxi
5,375
7,262
1,562
12 Sto¢ks
Total
2022
Totsl
2021
Stocks
550
550
13 Debtor5
Totsl
2022
Total
2021
Trade debtors
Other debtors
268
1,564
1,832
1,138
1.138
14 Credltors: amounts fallSng due wfthln one year
Total
2022
Total
2021
Trade creditors
Other taxatlon and soclal se¢urlty
Other creditors
2,202
2.406
22
5,059
7.487
3.882
6,077
15 Credttor5: amount5 fallln8 due after more than one year
Total
2022
Total
2021
Deferred income
10.585
10,585
11.188
ii,
13

Leyburn Arts Centre Limlted
Notes to the Flnancial Statements for the Year Ended 30 Aprll 2022
16 Funds
Balan￿ at
01-May-21
Incoming
Resources
Resources
expended
Balance at
30-Apr-22
Unrestricted funds
Restrirted funds
Total funds
$4.539
72,047
4,658
76.705
-50,014
-4,658
-54.672
76,571
54,539
76.571
Balance at
01-May-20
Incomlng
Resources
Resources
expended
Balante at
3￿APr-2I
Unrestrlcted funds
Restricted funds
Total funds
37,565
57,095
2,922
60,017
-40,122
-2,922
43,044
54,539
37,56S
54,539
17 Analysls of net assets b¢￿een funds
Unrestrlrted
Funds
General
Total fund$
Tan8ible flxed assets
Current assets
Current liabillties
5,375
87,858
,077
87,157
5,375
87,858
-6,077
87,157
18 Analysis of net lunds
At l May 2021
Cash flow
At 30 Aprll 2022
Cash at bank and in hand
Net debt
64,263
64,263
21.213
21,213
85.477
85,477
14