| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 9 |
| Independent Examiner's Report |
10 | ||
| Statement ofFinancial Activities | |||
| Balance Sheet | 12 | to | 13 |
| Notes to the Financial Statements | 14 | to | 20 |
| Detailed Statement ofFinancial Activities | 21 |
| 31/3/23 | 31/3/22 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| fund | fund | funds | funds | |||||
| Notes | ||||||||
| INCOME AND ENDOWMENTS FROM | ||||||||
| Donations and legacies |
236 | 236 | 151 | |||||
| Charitable activities |
||||||||
| Local Authorities/Public | Sector | 62,490 | 62,490 | 28,427 | ||||
| Lottery | 20,264 | 20,264 | 1,020 | |||||
| Trusts &foundations | 4,881 | 4,881 | 1,500 | |||||
| Government Cultural |
Recovery Fund | 67,966 | ||||||
| Covid - 19Government | Support | |||||||
| 16,599 | ||||||||
| Other trading activities | 93,674 | 93,674 | 3,909 | |||||
| Investment income |
110 | 110 | 10 | |||||
| Total | 94,020 | 87,635 | 181655 | 119582 | ||||
| EXPENDITURE ON | ||||||||
| Charitable activities |
||||||||
| Costs ofdelivering Charitable |
Activites | 74,675 | 85,876 | 160,551 | 98,058 | |||
| Premises &other costs | 15,163 | 1,759 | 16,922 | 17,599 | ||||
| Governance costs |
3,763 | 3,763 | 3,763 | |||||
| Total | 93,601 | 87 635 | 181,236 | 119,420 | ||||
| NET INCOME | 419 | 419 | 162 | |||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought forward | 39,103 | 39,103 | 38,941 | |||||
| TOTAL FUNDS CARRIED | FORWARD | 39,522 | 39,522 | 39 103 |
| 31/3/23 | 31/3/22 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 249 | 249 | 416 | ||
| CURRENT ASSETS | |||||
| Stocks | 10 | 602 | 602 | 338 | |
| Debtors | 11 | 39,528 | 39,528 | 15,593 | |
| Cash at bank and in hand | 47510 | 47510 | 94 527 | ||
| 87,640 | 87,640 | 110,458 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
12 | (48,367) | (48,367) | (71,771) | |
| NET CURRENT ASSETS | 39,273 | 39,273 | 38,687 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 39,522 | 39,522 | 39,103 | ||
| NET ASSETS | 39,522 | 39,522 | 39,103 | ||
| FUNDS | 13 | ||||
| Unrestricted funds: |
|||||
| General fund | 39,522 | 39,103 | |||
| TOTAL FUNDS | 39,522 | 39,103 |
for the year ended 31March 2023 |
|||
|---|---|---|---|
| OTHER TRADING | ACTIVITIES | ||
| 31/3/23 | 31/3/22 | ||
| Earned Income | 93674 | 3,909 | |
| INVESTMENT INCOME | |||
| 31/3/23 | 31/3/22 | ||
| Bank deposit interest | 110 | 10 | |
| NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) is stated after charging/(crediting): |
|||
| 31/3/23 | 31/3/22 | ||
| Depreciation - owned | assets | 167 | 167 |
| Independent examiner |
3,750 | 3,750 | |
| Defined contribution | pension | 1,926 | 1,771 |
| 31/03/2023 | 31/03/2022 | ||||
|---|---|---|---|---|---|
| Wages 4 Salaries | 64,621 | 61,07B | |||
| Social security costs | 1,692 | 2,901 | |||
| Pension contributions | 1 926 | 1 771 | |||
| 68,239 | 65,750 | ||||
| The average monthly | number ofemployees | during the year was as follows: | |||
| 31/3/23 | 31/3/22 | ||||
| Total | 2 | 2 | |||
| No employees received emoluments |
in excess of$60,000. |
| Notes to the Financial Statements - continued for the year ended 31March 2023 |
Notes to the Financial Statements - continued for the year ended 31March 2023 |
Notes to the Financial Statements - continued for the year ended 31March 2023 |
Notes to the Financial Statements - continued for the year ended 31March 2023 |
||
|---|---|---|---|---|---|
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Restricted | Total | |||
| fund | fund | funds | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
151 | 151 | |||
| Charitable activities |
|||||
| Local Authorities/Public | Sector | 9,000 | 19,427 | 28,427 | |
| Lottery | 1,020 | 1,020 | |||
| Trusts &foundations | 1,500 | 1,500 | |||
| Government Cultural Recovery Fund |
67,966 | 67,966 | |||
| Covid - 19Government | Support | ||||
| 16,599 | 16,599 | ||||
| Other trading activities | 3,909 | 3,909 | |||
| Investment income |
10 | 10 | |||
| Total | 31,169 | 88,413 | 119,582 | ||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Costs ofdelivering Charitable |
Activities | 24,956 | 73,102 | 98,058 | |
| Premises &other costs | 2,288 | 15,311 | 17,599 | ||
| Governance costs |
3,763 | 3763 | |||
| Total | 31,007 | 88,413 | 119,420 | ||
| NET INCOME | 162 | 162 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward | 38,941 | 38,941 | |||
| TOTAL FUNDS CARRIED | FORWARD | 39,103 | 39103 |
| Notes | to the Financial | Statements - continued | ||||
|---|---|---|---|---|---|---|
| for the year ended 31March 2023 | ||||||
| 9. | TANGIBLE FIXEDASSETS | |||||
| Plant and | ||||||
| machinery | ||||||
| COST | ||||||
| At 1 April 2022 and 31March 2023 | 6,908 | |||||
| DEPRECIATION | ||||||
| At 1 April 2022 | 6,492 | |||||
| Charge for year | 167 | |||||
| At 31March 2023 | 6659 | |||||
| NET BOOKVALUE | ||||||
| At 31March 2023 | 249 | |||||
| At 31March 2022 | 416 | |||||
| 10. | STOCKS | |||||
| 31/3/23 | 31/3/22 | |||||
| Stocks | 602 | 338 | ||||
| 11. | DEBTORS:AMOUNTS | FALLING DUE WITHIN | ONE YEAR | |||
| 31/3/23 | 31/3/22 | |||||
| Trade debtors | 4,000 | |||||
| Accrued income | 35 528 | 15,593 | ||||
| 39,528 | 15,593 |
| CREDITOR | S | : AMOUNTS | FA | LLING DUE WITHIN ONE Y | EAR | ||
|---|---|---|---|---|---|---|---|
| 31/3/23 | 31/3/22 | ||||||
| Trade creditors | 16,528 | 11,968 | |||||
| VAT | 1,435 | 120 | |||||
| Deferred income | 26,654 | 55,933 | |||||
| Accrued expenses | 3 750 | 3 750 | |||||
| 48,367 | 71,771 | ||||||
| MOVEMENT | IN FUNDS | ||||||
| Net | |||||||
| movement | At | ||||||
| At 1/4/22 | in funds | 31/3/23 | |||||
| f, | |||||||
| Unrestricted | funds | ||||||
| General fund | 39,103 | 419 | 39,522 | ||||
| TOTAL FUNDS | 39,103 | 419 | 39,522 | ||||
| Net movement | in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| General fund | 94,021 | (93,602) | 419 | ||||
| Restricted funds | |||||||
| Restricted | 87,634 | (87,634) | |||||
| TOTAL FUNDS | |||||||
| Comparatives | for movement | in | funds | ||||
| Net | |||||||
| movanent | At | ||||||
| At 1/4/21 | in funds | 31/3/22 | |||||
| Unrestricted | funds | ||||||
| General fund | 38,941 | 162 | 39,103 | ||||
| TOTAL FUNDS | 38941 | 162 | 39103 |
| Incoming | Resources | Movement | Movement | ||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General fund | 31,169 | (31,007) | 162 | ||
| Restricted funds | |||||
| Restricted | 88,413 | (88,413) | |||
| TOTAL FUNDS | |||||
| A current year | 12months and prior year 12months | combined position is as follows: | |||
| Net | |||||
| movement | At | ||||
| At 1/4/21 | in funds | 31/3/23 | |||
| Unrestricted | funds | ||||
| General fund | 38,941 | 581 | 39,522 | ||
| TOTAL FUNDS | 38941 | 581 | 39 | 522 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 125,190 | (124,609) | 581 | |
| Restricted funds | ||||
| Restricted | 176,047 | (176,047) | ||
| TOTAL FUNDS |
| Pro'ect Area/ Fundin | Bod | iu~omin | 0~us oin | Transfer | |
|---|---|---|---|---|---|
| Resources | R~esoure | U~/R F nds | |||
| Burnley Canal Festival | |||||
| Groundwork UK |
1,166 | (1,166) | |||
| Spodden Valley Revealed | |||||
| National Lottery Heritage Fund |
20,264 | (20,264) | |||
| Lancashire Environmental |
Fund | 3,715 | (3,715) | ||
| Pendie Radicals | |||||
| Lancashire County Council |
38,490 | (38,490) | |||
| UK Shared Prosperity | Fund (via Pendle Borough Council) | 24,000 | (24,000) | ||
| 87 635 | ~87635 |
| Mid Pennine Arts | ||||
|---|---|---|---|---|
| Detailed Statement ofFinancial Activities | ||||
| For the year ended 31March 2023 | ||||
| 31/3/23 | 31/3/22 | |||
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies |
||||
| Donations | 236 | 151 | ||
| Other trading | activities | |||
| Earned Income | 93,674 | 3,909 | ||
| Investment income |
||||
| Bank deposit | interest | 110 | 10 | |
| Charitable activities |
||||
| Grants | 87,635 | 115,512 | ||
| Total incoming resources | 181,655 | 119,582 | ||
| Charitable activities |
||||
| Staff costs Premises &Equipment Programme k Marketing |
68,239 16,642 92,312 |
65,750 17,183 32 108 |
||
| 177,193 | 115,041 | |||
| Support costs | ||||
| Finance | ||||
| Sundries | 200 | |||
| Other | ||||
| Other Costs | 113 | 416 | ||
| Plant and machinery | 167 | |||
| 280 | 416 | |||
| Governance | costs | |||
| Accountancy | 3,763 | 3,763 | ||
| Total resources | expended | 181,236 | 119,420 | |
| Net income | 419 | 162 |