ACE SPACE ANNUAL REPORT FOR THE CHARITY COMMISSION 2023
2023 has been good year for Ace Space The audiences for our music events have seen a good increase. We understand that this is in line with similar venues in the area. The numbers have been steadily rising so the future is looking promising. Many of our regular hirers remain with us and with the addition of several new ones this element of our business is looking very buoyant. Our Art displays continue to be appreciated by our audiences as we offer local artists a chance to display their work. We continue with our programme of repairs and renovations as funds and labour becomes available. Further improvements to our CCTV, Ethernet and Electrical services have also been completed although more is scheduled for this year. Our new outside storage shed has proved to be a very useful asset. Our long awaited multi access toilet facility has finally been completed and is a welcome addition to our facilities. This has been another good year with a steady improvement in footfall and with our future plans we look forward to continuing this into the next year.
21st July 2024
Acespace
Statement of Financial Activities
For the period 01 January 2023 to 31 December 2023
| Unrestricted | Retricted | Endowment | Prior Year | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds Total Funds | Total Funds | ||
| Unresuuu | |||||
| Incoming resources | |||||
| Incoming resources from generated funds | |||||
| Voluntary Income | 2,144 | 21,846 | - | 23,990 | 18,906 |
| Activities for generating funds | 48,582 | - | 48,582 | 41,318 | |
| Other Income Resources | 45 | - | 45 | 41 | |
| Investment Income | 191 | - | 191 | 4 | |
| Total incoming resources | 50,962 | 21,846 | - | 72,808 | 51,638 |
| Resources expended | |||||
| Cost of generating funds | - | - | - | ||
| Cost of generating voluntary income | - | - | - | ||
| Fundraising Trading Costs | 19,328 | - | 19,328 | 13,903 | |
| Charitable Activity:1 | 11,780 | - | 11,780 | 9,621 | |
| Governance Costs | 1,104 | - | 1,104 | 1,150 | |
| Other resources expended | 18,476 | 17,716 | - | 36,192 | 29,720 |
| Total resources expended | 50,688 | 17,716 | - | 68,404 | 50,335 |
| Net of incoming/outgoing resources before transfers | 274 | 4,130 | - | 4,404 | 1,303 |
| Transfers | |||||
| Gross transfers between funds - in | - | - | - | - | - |
| Gross transfers between funds - out | - | - | - | - | - |
| Net incoming/outgoing before other gains/losses | 274 | 4,130 | - | 4,404 | 1,303 |
| Other recognised gains/losses | |||||
| Gains/losses on investment assets | - | - | - | - | - |
| Gains on revaluation,fixed assests,charities own use | - | - | - | - | - |
| Net movement in funds | 274 | 4,130 | - | 4,404 | 1,303 |
| Reconciliation of funds | |||||
| Total funds brought forward | 29,307 | 4,015 | - | 33,322 | 27,447 |
| Total funds carried forward | 29,581 | 8,145 | - | 37,726 | 33,322 |
ACE SPACE
Accountants Report for the year ended
31[st] December 2023
I have prepared the attached statement of accounts from the books, records and information supplied to me and I hereby certify them to be in accordance therewith.
These accounts have not been audited.
V Kyle-Lawrence Clere Bookkeeping Services Ltd.
Approved
(Treasurer)