The African Arts Trust
| Legal and Administrative Inlormation |
|
|---|---|
| Directors' 8 Trustees' Annual Report |
|
| Independent Examiner's Report |
|
| Statement ofFinancial Acbvities | |
| Statement ofFinancial Position | 10 |
| Statement ofGashflmvs |
1%4".5S3 Up Marden P018 TWT 7AA
| For ear end 31"March 202 |
3 | ||||
|---|---|---|---|---|---|
| National Galleries ofScotland | 2,000 | ||||
| One offdonation towards an exhibition | promoting antiracism |
and | |||
| anticolonialism | |||||
| American friends ofLeKorea | 37,500 | ||||
| Development ofthe Bet+i museum, |
cover costs for architect | for design | |||
| development stage |
|||||
| Triangle Arts Trust {Gasworks residency) | 25,000 | ||||
| Support ofGasworks residency | for | international | visiting artists | ||
| Conservation Collective |
8,220 | ||||
| Lamu Environment Foundation |
{Conservation | collective) | |||
| Anidan Children'e Art Project |
5,548 | ||||
| Funding for professional artists |
toteach | art workshops to children at an | |||
| orphanage in Lamu |
| Unreshtcted | Total | Total | ||
|---|---|---|---|---|
| Amde | YB31March | YE31March | ||
| Halee | 31Mach 2023 | 2023 | 2022 | |
| (allweasand) | ||||
| Income and endowments: | ||||
| Donatens and legacies | 18 | 666,500 | ||
| Total hxeme and endowments | 666,500 | 666,500 | ||
| Bg~we: | ||||
| Eagma%we on raising funds | ||||
| Bgma&ae m charitable activities | 84,043 | 84,043 | 51,964 | |
| 84,584 | 52,585 | |||
| 581,916 | ||||
| 36,168 | ||||
| TeOI~e~le4-fsieesV | 818084 | B18OM |
| Recencltatfon ofnet movement | in funds tonet casfr Noer | in funds tonet casfr Noer | from operaNny actfviSes |
|---|---|---|---|
| Net movement in funds |
581,916 | ||
| Increase in stock | (21,391) | ||
| Increase In debtors | (188,800) | ||
| (Decrease)llncrease in creditors |
(5,218) | ||
| Gash used in operaing activities |
|||
| increase Incash and cash equivaienis | during the year | 366,507 | |
| Cash and cash equivalents atthe siart |
ofthe year | 3,103 | |
| T~cmh~cask «@Seel«shs | atSseend Othe year |
| Expendtur» | on | rahlng funds |
|---|---|---|
| Expendture | on | Charwabie activi5es |
| Total expenditure comprIses: Charitable grants {Seenote 14) Governance cosh {seenote 6) |
79,098 3,520 |
48,4792' | |
|---|---|---|---|
| Nebsle and domain registrathn | 241 | 313 | |
| Data protection | 40 | 40 | |
| Stationery and printwg | 12 | ||
| Adnkistralon costs |
837 | 252 | |
| Comienies house confirmalon | statement fee | 13 | 13 |
| Bank charges | 248 | 268 | |
| SecuNy cosh | 575 | ||
| 84,584 |
| Current | assets |
|---|---|
| Currant | liabilities |
| Mr ROevereux | |||
|---|---|---|---|
| (Direclor and Trustee) | |||
| Unrestricted donations |
made to the charity | (inoi. gift aid) | |
| C4 | Charttabh grants |
||
| Grants io institutions (see websiteItrustaes |
report f'ormore detail) |
| 18 | Oonattons | and legacies | sm |
|---|---|---|---|
| E | |||
| Donations | &,000 | ||
| Sales ofowned artwork | 3,'l84 | ||
| 52164 |