The
African Arts
Trust

|Legal and Administrative<br>Inlormation||
|---|---|
|Directors' 8 Trustees' Annual<br>Report||
|Independent<br>Examiner's<br>Report||
|Statement ofFinancial Acbvities||
|Statement ofFinancial Position|10|
|Statement ofGashflmvs||





1%4".5S3
Up Marden
P018
TWT 7AA

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|For ear end<br>31"March 202|3|||||
|---|---|---|---|---|---|
|National Galleries ofScotland||||2,000||
|One offdonation towards an exhibition|||promoting<br>antiracism||and|
|anticolonialism||||||
|American friends ofLeKorea||||37,500||
|Development<br>ofthe Bet+i museum,||cover costs for architect|||for design|
|development<br>stage||||||
|Triangle Arts Trust {Gasworks residency)||||25,000||
|Support ofGasworks residency|for|international||visiting artists||
|Conservation<br>Collective||||8,220||
|Lamu Environment<br>Foundation|{Conservation|||collective)||
|Anidan Children'e<br>Art Project||||5,548||
|Funding<br>for professional<br>artists|toteach||art workshops to children at an|||
|orphanage<br>in Lamu||||||



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|||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||





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|Recencltatfon ofnet movement|in funds tonet casfr Noer|in funds tonet casfr Noer|from operaNny actfviSes|
|---|---|---|---|
|Net movement<br>in funds|||581,916|
|Increase in stock|||(21,391)|
|Increase In debtors|||(188,800)|
|(Decrease)llncrease<br>in creditors|||(5,218)|
|Gash used in operaing<br>activities||||
|increase Incash and cash equivaienis||during the year|366,507|
|Cash and cash equivalents<br>atthe siart||ofthe year|3,103|
|T~cmh~cask «@Seel«shs|atSseend Othe year|||





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|Expendtur»|on|rahlng funds|
|---|---|---|
|Expendture|on|Charwabie activi5es|



|Total expenditure<br>comprIses:<br>Charitable grants {Seenote 14)<br>Governance<br>cosh {seenote 6)||79,098<br>3,520|48,4792'|
|---|---|---|---|
|Nebsle and domain registrathn||241|313|
|Data protection||40|40|
|Stationery and printwg||12||
|Adnkistralon<br>costs||837|252|
|Comienies house confirmalon|statement fee|13|13|
|Bank charges||248|268|
|SecuNy cosh||575||
|||84,584||





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|Current|assets|
|---|---|
|Currant|liabilities|



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||Mr ROevereux|||
|---|---|---|---|
||(Direclor and Trustee)|||
||Unrestricted<br>donations|made to the charity|(inoi. gift aid)|
|C4|Charttabh<br>grants|||
||Grants io institutions<br>(see websiteItrustaes||report f'ormore detail)|



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|18|Oonattons|and legacies|sm|
|---|---|---|---|
||||E|
||Donations||&,000|
||Sales ofowned artwork||3,'l84|
||||52164|