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|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|
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|||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|
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||||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|
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||||||Unrestricted|||
|---|---|---|---|---|---|---|---|
||||||funds|Total|Total|
||||||General|2022|2021|
|Artists'|fees,|materials|and|expenses|400,000|400,000|490,000|
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|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|
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|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|
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|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|
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|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|
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|7
Net incom|ingioutgoing
resources|||
|---|---|---|---|
|Net incoming|resources for the year include:|||
|||2022|2021|
|||E|F|
|Depreciation|offixed assets|1,548|2,395|
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|9
Independent.
examiner's
remuneration|||
|---|---|---|
||2022|2021|
|Other fees to examiners|||
|All other services|3,596|2,352|
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|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|
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||||||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||||||
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|||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||
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|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|
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|||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|
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