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|Trustees|report||1-8|
|Statement|oftrustees|responsibilities||
|Statement|offinancial|activities||
|Balance sheet|||12|
|Notes to the accounts|||13-23|
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2023|2022|
||||Notes|||
|IttggmLImm;||||||
|Donations
and legacies|||3|429,985|407,978|
|Charitable
activities|||5|36,383|48,040|
|Investments|||4|1,417|2,669|
|Total income||||487,745|458,687|
|Etgtttmiiht~a;||||||
|Charitable
activities|||7|478,909|453,905|
|Net (expenditure)/income||for the yearl||||
|Net movement|in funds|||(11,164)|4,782|
|Fund balances|at 1 April|2022||203,675|198,893|
|Fund balances|at 31March 2023|||192,511|203,675|
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||||2023||2022||
|---|---|---|---|---|---|---|
|||Notes|6||8||
|Fixed assets|||||||
|Tangible assets||12||2,364||1,882|
|Investments||11||1||1|
|||||2,365||1,883|
|Current assets|||||||
|Debtors||13|52,477||71,930||
|Cash at bank and in|hand||336,419||344,680||
||||388,896||416,610||
|Creditors: amounts|falling due within||||||
|one year|||(198,750)||(214,818)||
|Net current assets||||190,146||201,792|
|Total assets less current liabilities||||192,511||203,675|
|Income funds|||||||
|tjnrastdctadfunds|||||||
|Designated
funds||16|118,706||115,676||
|General
unrestricted|funds||73,805||87,999||
|||||192,511||203,675|
|||||192,511||203,675|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2023|2022|
||||E|E|
||Donations and gifts||289,965|229,302|
||National Arts government|grants|140,000|178,676|
||||429,965|407,978|
||Donations
and gifts||||
||Arts &Business Trading|Limited|52,454|71,731|
||Creative Internships||60,000|59,000|
||CultureStep
Investment|Programme|119,084|55,000|
||Prosper||25,000|12,500|
||Skills for Success||25,000|17,500|
||Impact Circle||1,581|2,630|
||Raffle &Sundry||1,846|941|
||Arts Bursaries|||10,000|
||Other||5,000||
||||289,965|229,302|
|4|Investments||||
||||Unrestricted|Unrestricted|
||||funds|funds|
||||2023|2022|
||||E|E|
||Interest receivable||1,417|2,669|
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|||2023||2022|
|---|---|---|---|---|
|||E||E|
|Arts membership||22,391||23,789|
|Conference/seminar|fees|8,530||12,964|
|Arts consultancy fees||5,233||11,135|
|Sundry income||209||152|
|||36,363||48,040|
|Grants payable|||||
||||2023|2022|
||||E|E|
|Grants to institutions:|||||
|Grants and services|tothe arts, advocacy, research &events||202,483|169,411|
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||||2023|2022|
|---|---|---|---|---|
||||E||
|Staff costs|||240,655|263,007|
|Sundry expenditure||||115|
|Other direct costs|||16,339|4,413|
|Premises|||16,882|15,059|
||||273,876|282,594|
|Grant funding|ofactivities (see note 6)||202,483|169,411|
|Share ofgovernance||costs (see note 8)|2,550|1,900|
||||478,909|453,905|
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|8|Supportcosts|Supportcosts|Supportcosts|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Support|Governance||2023|2022|
||||||costs|costs||||
||||||8|8||||
||Independent||examination|fee||2,550|'|2,550|1,900|
|||||||2,550||2,550|1,900|
||Analysed|between||||||||
||Charitable||activities|||2,550||2,550|1,900|
##
|The average|monthly
number ofemployees
during the|year was:||
|---|---|---|---|
|||2023|2022|
|||Number|Number|
|Permanent|staff|||
|Employment
costs||2023|2022|
|||E|E|
|Wages and|salaries|213,694|229,727|
|Social security costs||16,840|22,891|
|Other pension costs||10,121|10,389|
|||240,655|263,007|
|2023|2022|
|---|---|
|Number|Number|
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||||||||Other|
|---|---|---|---|---|---|---|---|
||||||||investmerrts|
||Cost or valuation|||||||
||At 1 April 2022 &31 March 2023|||||||
||Carrying
amount|||||||
||At 31 March 2023|||||||
||At 31 March 2022|||||||
|||||||2023|2022|
||Other investments|comprise:|||Notes|||
||Investments
in subsidiaries||||18|||
|12|Tangible fixed assets|||||||
||||||||Computersf|
||Cost|||||||
||At 1 April 2022||||||3,369|
||Additions||||||1,270|
||At 31 March 2023||||||4,639|
||Depreciation|||||||
||At 1 April 2022||||||1,487|
||Depreciation
charged||in the|year|||788|
||At 31 March 2023||||||2,275|
||Carrying
amount|||||||
||At 31 March 2023||||||2,364|
||At 31 March 2022||||||1,882|
|13|Debtors|||||||
||Amounts
raging due||within|one year:||2023f|2022f|
||Trade debtors|||||4,678|7,866|
||Amounts
owed by|subsidiary||undertakings||47,799|64,064|
|||||||52,477|71,930|
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|14|Creditom: amounbl|falling|due within one year||||
|---|---|---|---|---|---|---|
|||||Notes|2023f|2022f|
||Other taxation and|social security|||5,053|6,156|
||Deferred income|||15|62,000|58,60D|
||Trade creditors||||4,285|5,856|
||Accruals||||127,412|144,106|
||||||198,750|214,818|
|15|Deferred income||||||
||||||2023f|2022f|
||Arising from grants||||62,000|58,600|
||||||2023f|2022f|
||Deferred income is|included|within:||||
||Current
liabilities||||62,D00|58,600|
||Movements
in the year:||||||
||Deferred income at|1 April 2022|||58,600|100,500|
||Released from previous
periods||||(58,600)|(100,500)|
||Resources deferred|in the year|||62,000|58,600|
||Deferred income at|31 March 2023|||62,00D|58,600|
##
||||||Movement||
|---|---|---|---|---|---|---|
||||||in funds||
|||Balance at|Tmnerere|aaiance at|Incoming|Balance at|
||1|April 2021f||1April 2622
f|resources 31March 2623
f
f||
|Designated||142,811|(27,135)|115,676|3,030|118,706|
|||142,811|(27,135)|115,676|3,030|118,706|
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|17|Analysis of|net assets|between|funds||||||
|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted||Designated|Total|Unrestricted|Designated|Total|
|||||funds|funds||funds|funds||
|||||2023|2023|2023|2022|2022|2022|
|||||8|f||6|8|6|
||Fund balances at 31|||||||||
||March 2023|are||||||||
||represented|by:||||||||
||Tangible assets|||2,364||2,364|1,882||1,882|
||Investments|||1||1|1||1|
||Current assets/(liabilities)|||71,440|118,706|190,146|86,116|115,676|201,792|
|||||73,805|118,706|192,511|87,999|115,676|203,675|
##
|Name|ofundertaking|Registered|Registered|Nature|ofbusiness|Class of|% Held|
|---|---|---|---|---|---|---|---|
|||ofhce||||shares held|Direct Indirect|
|Arts &|Business Cymru|England|and|Trading|arm of charity|Ordinary|100.00|
|Trading|Limited|Wales||||||
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||2023f|2022f|
|---|---|---|
|Vtfithin one year|7,688|9,999|
|Between two and five yearn|809||
||8,497||
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