|Contents|||||Page|
|---|---|---|---|---|---|
|Legal and|administrative||information|||
|Report of|the Trustees||||2-4|
|Report of|the Independent||Examiners|||
|Statement|of Financial|Activities||||
|Balance Sheet||||||
|Notes forming<br>part ofthe|||financial|statements|8-11|





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|re periodically<br>reviewed<br>to ensure<br>that the<br>eserves were as follows;|y meet the needs of the charity.<br>At the|period<br>end the|
|---|---|---|
||2022|2021|
||E|E|
|General Reserves|2,045,793|1,886,624|
|Total Reserves|2,045,793|1,886,624|



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||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Notes|General|2022|2021|
|||||||||'Z|
|Incoming<br>resources|||||||||
|Incoming<br>resources<br>from|generated|||funds|||||
|Donations|||||14|252,761|252,761|44,190|
|Investment<br>Income||||||26,253|26,253|26,246|
|Realised<br>profit on disposal||of investments||||65,777|65,777|55|
|Total incoming<br>resources||||||344,791|344,791|70,491|
|Resources expended|||||||||
|Investment<br>Management|Fees|||||7,054|7,054|9,300|
|Charitable<br>activities|||||||||
|Grants and donations<br>made||||||13,318|13,318|24,000|
|Other costs||||||62,461|62,461|68,917|
|Total resources<br>expended||||||82,833|82,833|102,217|
|(Loss) I Gain on revaluation||of|investments|||102,789|102,789|300,200|
|Net resources expended||including||||185,622|185,622|197,983|
|(Loss) IGain on investments|||||||||
|Net movement<br>in funds||||||159169|159,169|268,474|
|Fund balances<br>brought<br>forward|||at 1|August|||||
|2021||||||1,886,624|1,886,624|1,618,150|
|Fund balances carried forward|||at 31|July|||||
|2022||||||2,045,793|2,045,793|1,886,624|





|||The S|outh Asian Decorative|outh Asian Decorative|Arts a|nd Crafts T|rust|||
|---|---|---|---|---|---|---|---|---|---|
||||Balance Sheet as at||31 July|2022||||
||||||2022|||2021||
||||Notes|6||||||
|Fixed assets||||||||||
|Tangible<br>fixed|assets|||||151,343|||141,772|
|Investments|||10||1,647,030||||1,734,843|
||||||1,798,373||||1,876,615|
|Current assets||||||||||
|Cash at bank|and|in hand||209,890|||12,982|||
|Other debtors||||40,400||||||
|||||250,290|||12,982|||
|Creditors|||11|2 878|||2 873|||
|Net current assets||||||247,420|||10,009|
|Total assets|less|current|liabilities||2,045,793||||1,886,624|
|Funds:||||||||||
|Unrestricted|funds|||||||||
|General<br>funds|||||2,045,793||||1,886,624|
|Total funds|||13||2,045,793||||1,886,624|





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|2|Investment|income||||2022f|2021|
|---|---|---|---|---|---|---|---|
||Dividends<br>receivable||from investments||and unit trusts|26,253|26,246|
|||||||26,253|26,246|
|3|Grants made|||||2022|2021|
|||||||F||
||CEPT Scholarship|||||13,318|24,000|
|||||||13,318|24 QQO|
|4|Other resources expended|||||2022|2021|
|||||||6||
||Depreciation|||||61|74|
||Bank charges|||||137|99|
||Insurance|||||160|160|
||Wages|||||50,868|65,092|
||Accountancy|||||3,290|2,756|
||Advertising|||||3,411||
||Professional|||||1,487||
||Books||||||228|
||Sundry/Travel|||||3,047|508|
|||||||62,461|68,917|
|5|Fees payable|to the|independent|examiner for;||2022|2021|
||Independent|examination||||1,775|1,914|
||Other|||||1,515|842|
|||||||3,290|2,756|
|6|Staff costs|||||2022|2021|
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||Wages &salaries|||||50,869|63,980|
||Social security||||||1,112|
|||||||50,869|65,092|





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|8|Tangible fixed assets|Exhibition|||
|---|---|---|---|---|
|||and display|Heritage||
|||equipment|assets|Total|
|||E|6||
||Cost||||
||At 1 August 2021|2,448|141,471|143,919|
||Additions||9,632|9,632|
||At 31 July 2022|2,448|151,103|153,551|
||Depreciation||||
||At 1 August 2021|2,147||2,147|
||Charge for year|61||61|
||At 31 July 2022|2,208||2,208|
||Net Book Value||||
||At 31 July 2022|240|151,103|151,343|
||At 31 July 2021|301|141,471|141,772|



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|10|Investments|||Listed|Deposit||
|---|---|---|---|---|---|---|
|||||investments|account|Total|
|||||8|K|6|
||At 1 August 2021|||1,723,621|11,222|1,734,843|
||Additions|||243,840||243,840|
||Disposals|||(302,644)||(302,644)|
||Revaluation|||(102,789)||(102,789)|
||Cash movement|in year|||73,780|73,780|
||Cost Ifair value at 31||July 2022|1,562,028|85,002|1,647,030|
|11|Creditors —Amounts||falling due within one year||2022|2021|
||||||F||
||Accruals||||1,674|1,674|
||Creditors||||1,196|1,299|
||||||2,870|2,973|





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|12|Statement<br>offunds||||||||
|---|---|---|---|---|---|---|---|---|
|||||||General|||
|||||||reserve||Total funds|
|||||||||f|
||At 1 August 2021|||||1,886,624||1,886,624|
||Income|||||344,791||344,791|
||Expenditure|||||(82,833)||(82,833)|
||Revaluation<br>of investments|||||(102,789)||(102,789)|
||At 31 July 2022|||||2,045,793||2,045,793|
||The general<br>reserve|represents||the free funds|of the|charity,<br>which|are not designated<br>for||
||particular<br>purposes.||||||||
|13|Analysis of net assets between|||funds|||||
|||||||Unrestricted|||
|||||||funds||Total|
||Fund balances at 31|July 2022||are represented|by:||||
||Fixed assets and Investments|||||1,798,373||1,798,373|
||Net current assets|||||247,420||247,420|
||Total net assets|||||2,045,793||2,045,793|
|14|Income from donations||and legacies|||2022||2021|
||Donations|||||252,761||44,190|
|||||||252 761||44,190|



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