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|---|---|---|---|---|---|---|---|
|Report ofthe|Trustees||||I|to|5|
|Independent|Examiner's||Report|||||
|Statement of|Financial||Activities|||||
|Balance Sheet|||||8|to|9|
|Notes to the|Financial|Statements|||10|to|14|
|Detailed Statement of||Financial||Activities||15||
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|||||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|Total|
|||||||fund|funds|funds|funds|
||||||Notes|||||
|INCOME|AND ENDOWMENTS|||FROM||||||
|Donations|and legacies|||||201,592|25,000|226,592|200,207|
|Investment|income|||||2,495||2,495|1,813|
|Other income||||||22,640||22,640||
|Total||||||226,727|25,000|251,727|202,020|
|EXPENDITURE||ON||||||||
|Charitable|activities|||||||||
|Charity||||||271,811|33,160|304,971|285,889|
|NET INCOME/(EXPENDITURE)||||||(45,084)|(8,160)|(53,244)|(83,869)|
|Transfers|between|funds|||11|21,505|(21,505)|||
|Net movement
in||funds||||(23,579)|(29,665)|(53,244)|(83,869)|
|RECONCILIATION|||OF FUNDS|||||||
|Total funds|brought|forward||||186,717|243,304|430,021|513,890|
|TOTAL FUNDS CARRIED FORWARD||||||163,138|213,639|376,777|430,021|
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||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes|||||
|FIXEDASSETS|||||||
|Tangible assets|||372|469,149|469,521|502,804|
|CURRENT ASSETS|||||||
|Debtors||8|22,800||22,800|6,709|
|Cash at bank and in hand|||153,817|119,490|273,307|331,984|
||||176,617|119,490|296,107|338,693|
|CREDITORS|||||||
|Amounts
falling due within|one year|9|(13,851)|(25,000)|(38,851)|(36,476)|
|NET CURRENT ASSETS|||162,766|94,490|257,256|302,217|
|TOTAL ASSETS LESSCURRENT|||||||
|LIABILITIES|||163,138|563,639|726,777|805,021|
|CREDITORS|||||||
|Amounts
falling due after more than one year||10||(350,000)|(350,000)|(375,000)|
|NET ASSETS|||163,138|213,639|376,777|430,021|
|FUNDS|||||||
|Unrestricted
funds|||||163,138|186,717|
|Restricted
funds|||||213,639|243,304|
|TOTAL FUNDS|||||376,777|430,021|
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|INVESTMENT INCOME|||
|---|---|---|
||31.3.23|31.3.22|
|Deposit account interest|2,495|1,813|
|NET INCOME/(EXPENDITURE)|||
|Net income/(expenditure)
is stated atter charging/(crediting):|||
||31.3.23|31.3.22|
|Auditors'
remuneration
for non audit work|2,232|1,800|
|Depreciation
- owned assets|33,283|33,324|
|Surplus
on disposal offixed assets|(8,000)||
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|The averag|e
monthly
number ofem|ployees
during the year was as f|ollows:|||
|---|---|---|---|---|---|
|||||31.3.23|31.3.22|
|Employees||||4|3|
|No employees
received emoluments||in excess of860,000.||||
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|||ACTIVITIES|||
||||Unrestricted|Restricted|Total|
||||fund|funds|funds|
|INCOME|ANI) ENDOWMENTS|FROM||||
|Donations|and legacies||175,207|25,000|200,207|
|Investment|income||1,813||1,813|
|Total|||177,020|25,000|202,020|
|EXPENDITURE ON||||||
|Charitable|activities|||||
|Charity|||252,729|33,160|285,889|
|NET INCOME/(EXPENDITURE)|||(75,709)|(8,160)|(83,869)|
|Transfers|between
funds||261,678|(261,678)||
|Net movement
in funds|||185,969|(269,838)|(83,869)|
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||COMPARATIVES|FOR THE STATEMENT OF FINANCIAL|FOR THE STATEMENT OF FINANCIAL|FOR THE STATEMENT OF FINANCIAL|ACTIVITIES|- continued||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||fund|funds|funds|
||RECONCILIATION||OF FUNDS|||||
||Total funds brought|forward|||748|513,142|513,890|
||TOTAL FUNDS CARRIED FORWARD||||186,717|243,304|430,021|
|7.|TANGIBLE FIXED ASSETS|||||||
|||||Long|Plant and|Computer||
|||||leasehold
machinery||equipment|Totals|
||COST|||||||
||At
I April 2022 and|31 March 2023||934,245|422,295|5,266|1,361,806|
||DEPRECIATION|||||||
||At
I April 2022|||435,983|417,756|5,263|859,002|
||Charge for year|||31,142|2,141||33,283|
||At 31 March 2023|||467,125|419,897|5,263|892,285|
||NET BOOK VALUE|||||||
||At 31 March 2023|||467,120|2,398|3|469,521|
||At 31 March 2022|||498,262|4,539|3|502,804|
|8.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||||
|||||||31.3.23|31.3.22|
||Trade debtors|||||160|840|
||Other debtors|||||22,640||
||Prepayments||||||5,869|
|||||||22,800|6,709|
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||||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|---|---|
||Trade creditors||||||10,991|6,075|
||Accrued expenses||||||2,860|5,401|
||Deferred grants||||||25,000|25,000|
||||||||38,851|36,476|
|10.|CREDITORS: AMOUNTS||FALLING DUE AFTER MORE|||THAN ONE|YEAR||
||||||||31.3.23|31.3.22|
||Deferred grants||||||350,000|375,000|
|11.|MOVEMENT
IN FUNDS||||||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.4.22|in funds|funds|31.3.23|
||||||E||||
||Unrestricted
funds||||||||
||General
fund||||186,717|(45,084)|21,505|163,138|
||Restricted
funds||||||||
||Contingeny
fund||||102,000|||102,000|
||Building Maintenance|Reserve Fund|||8,539||(5,128)|3,411|
||Capital
Replacement|Fund|||4,047|(2,018)||2,029|
||Level Centre Fixed Asset Fund||||98,262|(6,142)||92,120|
||Sense Fund||||27,456||(27,456)||
||Unlimited
Residency|Fund|||3,000||(3,000)||
||Big Give Fund||||||6,079|6,079|
||Signage Fund||||||8,000|8,000|
||||||243,304|(8,160)|(21,505)|213,639|
||TOTAL FUNDS||||430,021|(53,244)||376,777|
||Net movement
in funds, included|||in the above are as follows:|||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
||Unrestricted
funds||||||||
||General
fund|||||226,727|(271,811)|(45,084)|
||Restricted
funds||||||||
||Capital
Replacement|Fund|||||(2,018)|(2,018)|
||Level Centre Fixed Asset Fund|||||25,000|(31,142)|(6,142)|
|||||||25,000|(33,160)|(8,160)|
||TOTAL FUNDS|||||251,727|(304,971)|(53,244)|
##
|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.4.21|in funds|funds|31.3.22|
|Unrestricted
funds|||||||
|General
fund|||748|(75,709)|261,678|186,717|
|Restricted
funds|||||||
|Contingeny
fund|||68,369||33,631|102,000|
|Building
Maintenance|Reserve Fund||13,837||(5,298)|8,539|
|Capital Replacement|Fund||159,298|(2,018)|(153,233)|4,047|
|Level Centre Fixed Asset Fund|||104,404|(6,142)||98,262|
|Outreach
fund|||76,500||(76,500)||
|R&D Fund|||66,734||(66,734)||
|Sense Fund|||24,000||3,456|27,456|
|Unlimited
Residency|Fund||||3,000|3,000|
||||513,142|(8,160)|(261,678)|243,304|
|TOTAL FUNDS|||513,890|(83,869)||430,021|
|Comparative
net movement||in funds, included|in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|Unrestricted
funds|||||||
|General
fund||||177,020|(252,729)|(75,709)|
|Restricted
funds|||||||
|Capital Replacement|Fund||||(2,018)|(2,018)|
|Level Centre Fixed Asset Fund||||25,000|(31,142)|(6,142)|
|||||25,000|(33,160)|(8,160)|
|TOTAL FUNDS||||202,020|(285,889)|(83,869)|
##
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||||DETAILED STATEMENT OF FINANCIAL ACTIVITIES|DETAILED STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|---|---|
|||||FOR THE YEAR ENDED 31 March 2023|||
||||||31.3.23|31.3.22|
|INCOME AND|ENDOWMENTS||||||
|Donations
and legacies|||||||
|Donations|||||18,102|2,784|
|Grants|||||199,720|194,279|
|Fees|||||8,770|3,144|
||||||226,592|200,207|
|Investment
income|||||||
|Deposit account|interest||||2,495|1,813|
|Other income|||||||
|Theatre tax credit|||||22,640||
|Total incoming|resources||||251,727|202,020|
|EXPENDITURE|||||||
|Charitable
activities|||||||
|Wages|||||119,975|85,805|
|Pensions|||||2,646|1,222|
|Fees|||||82,908|46,569|
|Materials|||||8,428|4,283|
|Transport
and travel|||||6,901|2,209|
|Publicity
and docs|||||8,736|3,502|
|Equipment
repair|||||13,934|11,084|
|Telecoms and IT|||||1,492|1,398|
||||||245,020|156,072|
|Support costs|||||||
|Governance
costs|||||||
|Auditors'
remuneration||for non audit||work|2,232|1,800|
|Insurance|||||3,997|3,581|
|Light and heat|||||4,596|4,287|
|Telephone|||||1,286|1,391|
|Postage and stationery|||||257|317|
|Legal fees|||||3,487|12,103|
|Fees|||||14,609|68,274|
|Training|||||719|592|
|General|||||3,485|4,148|
|Depreciation oftangible|||fixed assets||33,283|33,324|
|Loss on sale of|intangible||fixed assets||(8,000)||
||||||59,951|129,817|
|Total resources expended|||||304,971|285,889|
|Net expenditure|||||(53,244)|(83,869)|
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