# # # ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |corporating
a summarise
EAR TO 31 INARCH 2022|d
In|come|&Expe|nditure
Account|)||| |---|---|---|---|---|---|---|---| ||||Note|Unrestricted
Funds
6|Restricted
Funds
6|Total
2022|Total
2021
f| |Income|||||||| |Income from Charitable
Activities||||155,243||155,243|167,248| |Income from Investments||||37,586||37,586|73,704| |Income from Grants, Donations||&|||||9,497| |Legacies|||||||| |Other Income||||104||104|14,487| |Total Income||||192,933||192,933|264,936| |Expenditure|||||||| |Expenditure
on Raising Funds||||10,899||10,699|13,657| |Expenditure
on Charitable|Activities||8|261,483||261,483|1,716,153| |Total Expenditure||||272,382||272 382|1 729810| |Net Income/(Expenditure)|before|||(79,449)||(79,449)|(1,464,874)| |Gains/(Losses)
on Investments|||||||| |Net Gains/(Losses)
on Investments||||148,460||148,460|478,338| |Net movement
in funds||||69,011||69011|(986536)| |Balance brought forward||||2,118,013||2,118,013|3,104,549| |Balance carried forward|||17|82,187,024||K2,187,024|R2,118,013| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Income from Charitable
Activities||||| |---|---|---|---|---| ||Unrestricted|Restricted|2022|2021| ||Fundsf|Fundsf|f|F| |Programme
Design &Consultancy
Speaking Fees|153,879
1 364
155,243||153,879
1,364
155,243|162,549
4699
167,248| |The 2021 total off167,248 was wholly|attributable
to Unrestricted
Funds.|||| |Income from Investments||||| ||Unrestricted|Restricted|2022|2021| ||Fundsf|Fundsf|f|f| |Interest on cash deposits|134||134|114| |Interest on / Dividends
from
Investments
under fund management|37,452
37,586||37,452
38,586|73,590
73,704| ## ## ## |||||Unrestricted|Restricted|2022|2021| |---|---|---|---|---|---|---|---| |||||Fundsf|Fundsf||f| |Coronavirus|Job|Retention|Scheme||||9,497
9,497| ## |||Unrestricted|Restricted|2022|2021| |---|---|---|---|---|---| |||Funds|Fundsf|f.|f| |Grant
Other|Fall-In
Income|104||104
104|14,309
178
14,487| ## ## ## |Expenditure
on Raising F|unds|||||| |---|---|---|---|---|---|---| |||Unrestricted|Restricted||2022|2021| |||Funds|Funds|||| |||E|||E|K| |Investment
Management|Costs|10,899
10,899|||10899
10,899|13657
13,857| |The 2021 total ofF13,657was wholly||attnbutable
to Unrestricted||Funds.||| |Expenditure
on Charitable|Activities|||||| |||Unrestricted|Restricted||2022|2021| |||Funds
f|Funds
E||E|E| |Cultural
&Creative Learning||||||| |Programmes
Associates,
Travel &Subsistence
Staff Costs (see Note 10)||81,670
137,081
218,751|||81,670
137,081
218,751|22,648
1,630,089
1,552,737| |Support Costs
Legal &Other Professional
Depreciation
Other Overhead
Costs|Costs|1,913
802
32,800
35,515|||1,913
802
32,800
35,515|10,774
1,554
37,668
49,998| |Governance
Costs
Audit Fees
Independent
Examination
Fees
Other Accountancy
Services||2,250
4,967
7,217|||2,250
4,967
7/217|3,500
9,920
13,420| |||261,483|||251,483|1,715,153| ## |Net Income/(Expenditur|e)||| |---|---|---|---| |||2022|2021| |Net income/(expenditure)|is stated after charging/(crediting):||| |Auditors'
Remuneration
Independent
Examiner's
Remuneration
Operating
Lease payments
in the year
Depreciation
of Owned
Fixed Assets||2,250
6,720
802|3,500
9,332
1,554| ## |Staff Costs|||||||| |---|---|---|---|---|---|---|---| ||Unrestricted|||Restricted||2022|2021| ||||Funds|Funds|||| ||||8||||E| |Gross Salary Costs
Social Security Costs|||92,015
6,087|||92,015
6,087|181,564
16,744| |Employer's
Pension Contributions-
Defined Contribution
Scheme
Pension
Deficit Underpinning
Payment|||38,S79|||38,979|12,817
20,001| |—Arts Council Retirement
Plan|||||||| |Defined Benefit Scheme
Employer's
Pension Contributions—|||||||15,090| |Defined Benefit Scheme
Pension
Provision Release- Defined|||||||(215,127)| |Benefit Scheme (Note 16)
Section 75Settlement -Defined|||||||1,599,000| |Benefit Scheme|137,081|||||137,081|1,630,089| |The average
monthly
number of staff employed
as follows:|||during the year,||was|2022
No.|2021
No.| |Cultural
&Creative
Learning
Programmes|||||||| |The number ofthe above staff expressed|as full-time equivalents||||was 3|(2021:3.2)|| |The following
employees
received remuneration,
employer's
pension
contributions,
in excess of|||including
F60,000 in|the year.||2022
No.|2021
No.| |f60,001 to L'70,000||||||1|| |F70,001 to F80,000|||||||| |F80,001 to 690,000|||||||| |The total paid to key management
personnel,
defined as the members ofthe Senior
Management
Team, was F60,513(2021:f129,809).|||||||| ## ## ## ## ## ## |angible Fixed Assets||||| |---|---|---|---|---| |||||Total| ||Fixtures &|Office|ICT|| ||Fittings|Equipment|Equipment|Assets| |Cost||E||| |At 1 April 2021
Additions|13,654|2,300|26,363
2,406|42,317
2,406| |Disposals
At 31 March 2022|13,684|2,300|28,769|44,723| |Depreciation
At 1 April 2021
Charge for year|13,654|2,300|26,363
602|42,317
802| |Disposals
At 31 March 2022|13,854|2,300|27,185|43,119| |Net BookValue
At 31 March 2022||E-|E1804|F1804| |At 1 April 2021||||| ## ## |Fixed Assets -Investments|under|Fund Managem|ent||| |---|---|---|---|---|---| |||||2022|2021| |||||E|| |Market Value at 1 April
Cost of Investments
Purchased
Market Value of Investments
Sold
Unrealised
Gain/(Loss)||||1 983763
212,029
(193,515)
110,966
2,113,243|3,031,629
683,871
(1,966,191)
234454
1,983,763| |Cash
Market Value at 31 March||||59,876
2,173,119|40,896
2,024,659| |The market value has been|provided|by the charity's|investment|managers.|| |The market v|alue has been provided|by the charity's
investment
m|anagers.|| |---|---|---|---|---| |Geographical|analysis of investments|under fund management:|2022
E|2021
E| |Fixed Interest
UK Equities
Overseas Equities
Alternatives|||177,177
667,431
881,207
387,428|187,877
614,407
862,641
318,838| |Cash|||59,876
2,173,119|40,896
2,024,659| ## ## |Dbt|||| |---|---|---|---| |eors||2022|2021| |||E|E| |Trade Debtors
Prepayments
&Accrued
Other Debtors
Value Added Tax Debtor|Income|8,247
10,283
2,563
21,093|12,046
10,274
1,659
23,979| |All sums are due within|1 year.||| ## |At 31|INARCH 2022||| |---|---|---|---| |15.|Creditors - Amounts
Falling Due Within One Year|2022|2021| ||Grant Creditor
Trade Creditors
Deferred
Income (see below)
Other Creditors
Other Taxes 8 Social Security Costs
Accruals|12,668
25,000
3,776
3,502
11464
58,410|20,367
2,029
3,451
12 191
38,038| ||Deferred Income||| ||Deferred
Income brought
forward
Income deferred
in the year|25,000|| ||Income released
in the year
Deferred Income carded forward|25,000|| |18.|Creditors - Provision for Liabilities &Charges|2022|2021| ||Provision
for Pension Scheme Deficit Contributions||| |||2022|2021| |||E|E| ||Increase/(Decrease)
in Provision
in year||(215,127)| ## ## ## ## ## ## ## ##