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2022-03-31-accounts

Page
Trustees'
report
Independent
examiners'
report
Statement
offinancial activities
3-4
Balance sheet
Notes to the accounts 6-8

Unrestricted Restricted Total Total
funds funds 2022 2021
Notes 8 6 6 E
Incomin
resources
from enerated funds
Grants 59,366 31,335 90,701 142,324
Covid-19 Furlough Grants 592 592 15,547
Matched
funding
—Co-op 4,000
Gallery Iexhibition income 9,612 9,612 5,893
Rental income 12,304 12,304 10,785
Course fees, membership fees &shop sales 19,700 19,700 4,244
Workshop
hire
7,286 7,286 4,125
Outreach
income
30 30 898
Digital activities 6.005 6,005 2,778
Keyholder fees 372 372 155
Donations 2,554 2,554 4,763
Organisational Income 8,005 8,005
2020 Income 132 132
Miscellaneous income 59 59 378
Bank interest 5 5 53
Total incoming resources 126,022 31,335 157,357 195,943
Resources ex ended
Wages, salaries & Nl 80,951 477 81,428 71,914
Cost of materials sales 1,509 1,509 2,033
Course costs 7,738 7,738 1,698
Exhibition costs 668 113 781 1,215
Outreach costs 60 35,335 35,395 3,560
Digital activities costs 3,559 2,275 5,834 6,766
Freelance workers 1,200 6,600 7,800 22,221
Advertising
and
publicity 35 35 125
Print room costs 1,763 1,763 2,256
Staff pensions 1,304 1,304 3,186
Rent &rates 4,954 4,954 4,546
Insurance 2,929 2,929 1,005
Light and heat 5,802 5,802 5,377
Repairs, maintenance &equipment 8,400 8,400 5,099
Postage and stationery 2,194 2,194 1,598
Telephone
and
fax 632 632 353
Housekeeping 720 3,600 4,320 1,096
Travelling expenses 312 11 323 111
Waste disposal 692 692 486
Legal and professional 925 925 937
Artists fees 3,957 3,957 3,773
Refreshments 38 38
Staff training 626 626 372
Sundry expenses 108 108 257
20:20expenses 132 132
Subscriptions 418 418 515

ICT &Website costs 9,007 1,713 10,720 15,570
Bank and card payment
charges
1,295 1,295 801
Total resources expended 141,928 50,124 192,052 156,870
Net movement
in funds
(15,906) (18,789) (34,695) 39,073
Reallocation
from Restricted to General funds
26,382 (26,382)
Fund balances at 1 April 2021 31,822 45,171 76,993 37,920
Fund balances at 31 March 2022 42,298 42,298 76,993

Unrestricted Restricted Total Total
funds funds 2022 2021
8 8 8 f
National Portfolio funding 55,366 55,366 55,366
Covid-1 9Local Authority Grants 4,000 4,000 39,143
Recovery Fund 5,000 5,000 45,000
LEP 2,815
Trusts and Foundations 3,335 3,335
heART your Town 20,000 20,000
Childrens Biennale 3,000 3,000
59,386 31,335 90,701 142,324
Analysis ofresources expended
Wages, salaries and Nl Unrestricted
8
Restricted Total
f
Wages, salaries & Nl (General) ~80 951 477 81,428

6 Debtors 2022 2021
8 2
Trade debtors 86
Other debtors 253 220
Prepayments and accrued income 389 389
728 609
7 Creditors: amounts falling due within one year 2022 2021
8 8
Trade creditors 4,841
Other creditors 1,176
Accruals &deferred income 32,316 20,879
33,492 25,720

2022 2021
8 8
Contributions payable by the company for the year 1,304 3,186