| Reference and Administrative Details |
Reference and Administrative Details |
|
|---|---|---|
| Trustees' Report |
2to5 | |
| Statement ofTrustees' |
Responsibilities | |
| Independent Examiner's |
Report | 7to8 |
| Statement of Financial |
Activities | |
| Balance Sheet | 10 | |
| Notes to the Financial Statements | 11to 20 |
| Recogn | ised Gains |
and Losses) | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | ||||
| funds | 2022 | 2021 | ||||
| Note | E | |||||
| Income and Endowments | from: | |||||
| Charitable activities |
400,000 | 400,000 | 490,000 | |||
| Total Income | 400,000 | 400,000 | 490,000 | |||
| Expenditure on: |
||||||
| Raising funds | 15,329 | 15,329 | (272,362) | |||
| Charitable activities |
(118,089) | (118,Q89) | (36,535) | |||
| Total Expenditure | (102,760) | (102,760) | (308,897) | |||
| Net income | 297,240 | 297,24Q | 181,103 | |||
| Net movement in funds |
297,240 | 297,240 | 181,103 | |||
| Reconciliation of |
funds | |||||
| Total funds brought | forward | 186,338 | 186,338 | 5,235 | ||
| Total funds carried | forward | 16 | 483,578 | 483,578 | 186,338 |
| Balance Sheet as at 3 | 1 March 202 | 2 | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Note | F | F | ||||
| Fixed assets | ||||||
| Tangible assets | 11 | 4,643 | 6,191 | |||
| Investments | 12 | 1 | 1 | |||
| 4,644 | 6,192 | |||||
| Current assets | ||||||
| Debtors | 13 | 9,863 | ||||
| Cash at bank | and | in hand | 14 | 477,864 | 183,931 | |
| 487,727 | 183,931 | |||||
| Creditors: Amounts | falling due within one year | 15 | (8,793) | 3,785 | ||
| Net current assets | 478,934 | 180,146 | ||||
| Net assets | 483,578 | 186,338 | ||||
| Funds ofthe charity: | ||||||
| Unrestricted | income | funds | ||||
| Unrestricted | funds | 483,578 | 186,338 | |||
| Total funds | 16 | 483,578 | 186,338 |
| Unrestricted | |||||||
|---|---|---|---|---|---|---|---|
| funds | Total | Total | |||||
| General | 2022 | 2021 | |||||
| Artists' | fees, | materials | and | expenses | 400,000 | 400,000 | 490,000 |
| a) Costs | oftrading activities |
||||
|---|---|---|---|---|---|
| Unrestricted | |||||
| funds | Total | Total | |||
| General | 2022 | 2021 | |||
| Note | E | ||||
| Other direct costs of activities for | |||||
| generating | funds | (26,163) | (26,163) | 260,268 | |
| Allocated | support costs | 7,798 | 7,798 | 9,644 | |
| (18,365) | (18,365) | 269,912 |
| b) Invest | ment m |
anagement cos |
ts | |||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total | Total | ||||
| General | 2022 | 2021 | ||||
| Note | f. | E | ||||
| Allocated | support | costs | 6 | 3,036 | 3,036 | 2,450 |
| 3,036 | 3,036 | 2,450 |
| 5 Expenditu |
re on c |
haritable activities |
||||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| Total | Total | |||||
| General | 2022 | 2021 | ||||
| Note | F | |||||
| Artists' fees, | materials | and expenses | 114,493 | 114,493 | 34,183 | |
| Accountant's | remuneration | 3,596 | 3,596 | 2,352 | ||
| 118,089 | 118,089 | 36,535 |
| Governance | costs | ||
|---|---|---|---|
| Unrestricted | |||
| funds | Total | ||
| General | funds | ||
| E | E | ||
| Independent | examiner fees | ||
| Other fees | paid to examiners | 3,596 | 3,596 |
| Total for 2022 | 3,596 | 3,596 | |
| Total for 2021 | 2,352 | 2,352 |
| 7 Net incom |
ingioutgoing resources |
||
|---|---|---|---|
| Net incoming | resources for the year include: | ||
| 2022 | 2021 | ||
| E | F | ||
| Depreciation | offixed assets | 1,548 | 2,395 |
| 9 Independent. examiner's remuneration |
||
|---|---|---|
| 2022 | 2021 | |
| Other fees to examiners | ||
| All other services | 3,596 | 2,352 |
| 11Tangible fixed assets | ||
|---|---|---|
| Furniture and |
||
| equipment | Total | |
| Cost | ||
| At 1 April 2021 | 15,685 | 15,685 |
| At 31 March 2022 | 15,685 | 15,685 |
| Depreciation | ||
| At 1 April 2021 | 9,494 | 9,494 |
| Charge for the year | 1,548 | 1,548 |
| At 31 March 2022 | 11,042 | 11,042 |
| Net book value | ||
| At 31 March 2022 | 4,643 | 4,643 |
| At 31 March 2021 | 6,191 | 6,191 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Shares | in group undertakings | and participating | interests | 1 | 1 | |
| Shares | in group undertakings | and participating | interests | |||
| Subsidiary | ||||||
| undertakings | Total | |||||
| Cost | ||||||
| At 1 April 2021 and 31 March | 2022 | |||||
| Net book value | ||||||
| As at 1 | April 2021 and 31 March 2022 |
| Country | of | Proportion | ofvoting | Principal | ||||
|---|---|---|---|---|---|---|---|---|
| Undertaking | incorporation | Holding | rights and | shares held | activity | |||
| 2022 | 2021 | |||||||
| Subsidiary | undertakings | |||||||
| Life With Art Limited |
Trading | England Wales |
and | Ordinary | 1Q0% | 10Q% | Operation of arts facilities |
| 15Creditors: | amount | s falling |
due within one year | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| F | ||||||
| Trade creditors | 5,104 | 1,313 | ||||
| Accruals | 3,689 | 2,472 | ||||
| 8,793 | 3,785 | |||||
| 16Funds | ||||||
| Balance at 1 | Incoming | Resources | Balance at 31 | |||
| April 2021 | resources | expended | INarch 2022 | |||
| Unrestricted | funds | |||||
| GeneraI | ||||||
| Unrestricted | general | fund | 186,338 | 400,000 | (102,760) | 483,578 |
| Balance at 1 | Incoming | Resources | Balance at 31 | |||
| April 2020 | resources | expended | Ilarch 2021 | |||
| f. | F | F | ||||
| Unrestricted | funds | |||||
| General | ||||||
| Unrestricted | general | fund | 5,235 | 490,000 | (308,897) | 186,338 |
| Unrestricted | |||
|---|---|---|---|
| General | Total funds | ||
| 2022 | |||
| Tangible | fixed assets | 4,643 | 4,643 |
| Fixed asset investments | 1 | 1 | |
| Current | assets | 487,727 | 487,727 |
| Current | liabilities | (8,793) | (8,793) |
| Total net assets | 483,578 | 483,578 | |
| Unrestricted | |||
| General | Total funds | ||
| 2021 | E | ||
| Tangible | fixed assets | 6,191 | 6,191 |
| Fixed asset investments | 1 | 1 | |
| Current | assets | 183,931 | 183,931 |
| Current | liabilities | (3,785) | (3,785) |
| Total net assets | 186,338 | 186,338 |
| 18Analysis ofne |
t funds | |||
|---|---|---|---|---|
| At 1 April | Financing | At 31 March | ||
| 2021 | cash flows | 2022 | ||
| F | E | |||
| Cash at bank and | in hand | 183,931 | 293,933 | 477,864 |
| Net debt | 183,931 | 293,933 | 477,864 | |
| At 1 April | Financing | At 31 March | ||
| 2020 | cash flows | 2021 | ||
| f, | ||||
| Cash at bank and | in hand | 11,745 | 172,186 | 183,931 |
| Net debt | 11,745 | 172,186 | 183,931 |