2022-03-31-accounts

OR THE YEAR ENDED	31MAR	CH	2022
			Note	Unrestricted	Restricted	Total	Total
				Fundsf	Fundsf	2022 f	2021
Income
Income from Investments			2			2	9
Income from Grants, Donations		&	3	168,083		168,083	215,515
Legacies
Income from Charitable	Activities		4	71,702		71,702	57,901
Other Income				16,613		16,613	19,348
Total Income				256,400		256,400	292,773
Expenditure
Cost ofRaising Funds				26,951		26,951	20,062
Expenditure on Charitable				229,802	25,224	255,026	202,250
Activities
Total Expenditure				256,753	25,224	281,977	222,312
Net Income/(Expenditure)				(353)	(25,224)	(25,577)	70,461
Balance brought forward	at 1 April			132,195	45,311	177,506	107,045
Balance carried forward at 31				f131,842	f20,087	f151,929	f177,506
INarch

Motor Vehicles	-25%straight	line on cost
Plant &Machinery	-10%straight	line on cost
Fixtures &Fittings	-25%straight	line on cost
Long Leasehold	-10%straight	line on cost
Property Improvements	-10%straight	line on cost

						Unrestricted	Restricted	2022	2021
						Funds f	Funds f	f	f
Interest Receivable						2		2	9
						f2	f-	f2	fg
The 2021 total off9was wholly		atbibutable			to	Unrestricted Funds.
Income from Grants, Donations			&Legacies
						Unrestricted	Restricted	2022	2021
						Fundsf	Fundsf
Arts Council	England —Cultural		Recovery			25,000		25,000
Fund
Arts Council	England —National		Porffolio			108,610		108,610	108,610
Organisation
Arts Council	England —Reimagining			Digital					37,000
Citylife Expert Support Grant									520
Coronavirus	Job Retention Scheme					4,084		4,084	20,207
Golsoncott	Foundation - An Evening			With					400
Print
Joicey Trust	- Core Support								2,000
Newcastle City Council - COVID			Support			10,667		10,667	22,289
Newcastle Cultural Investment		Fund		at the		19,500		19,500	15,000
Community	Foundation
Tyne &Wear Community Foundation				- UV					7,035
Unit
						167,861		167,861	213,061
Donations						222		222	2,454
						f168,083	f-	f168,083	f215,515

Income from Charita	ble Activities
		Unrestricted	Restricted	2022	2021
		Funds	Funds
			6	6	6
Artwork Sales		29,505		29,505	17,732
Studio Sessions		12,805		12,805	1,651
Classes &Education	Income	5,541		5,541	(223)
Studio Subscriptions		3,941		3,941	1,148
Studio Materials		2,498		2,498	3,785
GIRVoucher Sales		3,796		3,796
Workshop Fees		6,016		6,016	758
Project Income		7,600		7,600	33,050
		671,702	6-	671,702	657,901

Other Inc	ome
			Unrestricted	Restricted	2022	2021
			Funds	Funds
			6	6	6	6
Museums	&Galleries	Exhibition Tax Relief	964		964	3,699
Capital Grant Release			15649		15649	15649
			616,613	6-	616,613	619,348

Expenditure	on Raising Funds
		Unrestricted	Restricted	2022	2021
		Funds	Funds
		6	6
Salaries &	On Costs	9,000		9,000	9,000
Fundraising	Consultancy	4,000		4,000	600
Artwork Costs		13951		13,951	10,462
		626,961	6-	626,951	620,062

Expenditure on Char	ita	ble Acti	vities
				Unrestricted	Restricted	Total	Total
				Funds	Funds	2022	2021
					6	6
Production/Project	Costs
Salaries &On Costs				114,683	8,000	122,683	114,725
International Print Biennale				10		10	71
Freelance Artists, Tutors &Project				11,968	8,000	19,968	15,335
Staff
Workshop Costs							693
Project Expenditure				15,528		15,528	6,520
Advertising &Marketing				933		933	409
Bursary Costs				47		47
Purchases &Studio	Materials			8,814	4,624	13,438	3,905
Gallery Costs				190		190	1 821
				152,173	20,624	172,7$7	143,479
Support Costs Rent &Rates				18,718		18,718	18,507
Freelance/Consultancy		Support		2,420	4,600	7,020
Other Premises Costs				12,498		12,498	5,322
Depreciation &Amortisation				17,352		17,352	16,736
Insurance				9,478		9,478	8,028
Other Administration	&	Running	Costs	12681		12,681	6532
				73,147	4,600	77,747	65,126
Governance Costs
Legal &Professional Accountancy, Payroll	Fees &Independent			2,064 2,518		2,064 2,518	1,386 2,260
Examination
				4,582		4,582	3,646
				622$,$02	625,224	6255,126	6202,250

Net Income/(	Expenditure)
							2022		2021
							6		E
Net income/(expenditure) is stated		aRer charging/(crediting):
Independent	Examiner's Fees —current				year		1,500		1,500
Independent	Examiner —Other Services						550		420
Depreciation	ofowned Fixed Assets						17,352	16,736
Staff Costs	&Trustees' Remuneration
							2022	.	2021
							6		E
Gross Salary Costs							124,188	116,930
Employer's	National Insurance						5,159		4,639
Employer's	Pension Contributions						2,336		2,156
							6131,683	R123,725
No employee	received remuneration		of		more than f60,000during the year (2021 -			Nil).
The charity defines Key Management				Personnel asthe		Trustees and the members ofthe Senior
Management	Team. Remuneration	of		669,684, including		employer's	pension contributions,		was
paid by the charity during the year to			Key Management			Personnel.
The average	number ofstaff employed				during the year,	calculated as full-time equivalents,
was as follows:
							2022		2021
							No		No
Artistic Production and Support							4		4

FOR	THE YEAR ENDED 31MARCH 202	2
10.	Tangible Fixed Assets
		Long	Leasehold	Plant tt
	Cost	Leasehold	Improvements f	Machinery f
	At 1 April 2021	353,071	135,072	123,211
	Additions			1,849
	At 31 March 2022	353,071	135,072	125,060
	Depreciation
	At 1 April 2021	353,071	81,015	107,210
	Charge for year		13,507	3,551
	At 31 March 2022	353,071	94,522	110,761
	Net BookValue
	At 31 March 2022	f-	f40,550	f14,299
	At 1 April 2021	f-	f54,057	f16,001
	Cost	Fixtures a Fittings f	Motor Vehiche	Total Fixed Asselsf
	At 1 April 2021	13,346	13,508	638,208
	Additions			1,849
	At 31 March 2022	13,346	13,508	640,057
	Depreciation
	At 1 April 2021	12,759	13,508	567,563
	Charge for year	294		17,352
	At 31 March 2022	13,053	13,508	584,915
	Net BookValue
	At 31 March 2022	f293	f-	f55,142
	At 1 April 2021	f587	f-	f70,645

NORTHERN PRINT STUDIO LIMITED	NORTHERN PRINT STUDIO LIMITED	NORTHERN PRINT STUDIO LIMITED	NORTHERN PRINT STUDIO LIMITED
(A COMPANY LIMITED			BYGUARANTEE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31		MARCH 2022
11.	Stock
				2022 5	2021f
	Print making materials		and gallery stock for resale	13,052	13,853
				613,052	513,853
12.	Debtors
				2022	2021
					6
	Trade Debtors			2,399	115
	Other Debtors			1,540	1,180
	Other Taxes &Social	Security Costs		1,888
	Accrued Income			7,064	20,931
	PrePayments			2,146	2,245
				515,037	624,471
13.	Creditors —Amounts	Falling Due Within 1Year
				2022	2021
				5	5
	Other Taxes &Social	Security Costs		2,852	1,888
	Pension Scheme Creditor			597	463
	Trade Creditors			3,215	1,840
	Other Creditors			2,770	4,505
	Accruals			3946	12,875
				513,380	521,571
14.	Provision for Liabilities &Charges
				2022	2021
				5	6
	Balance at start ofyear			59,916	75,565
	Release in year			15,649	15,649
				f44,267	659,916

						Unrestricted		Restricted	Restricted	Total	Total
						Funds		Funds		2022	2021
							6		8		8
Fixed Assets						49,354		5,788		55,142	70,845
Stock						13,052				13,052	13,853
Debtors						11,337		3,700		15,037	24,471
Cash at Bank	and In	Hand				115,746		10,599		126,345	150,024
Creditors- Amounts		Due Within		1	Year	(13,380)				(13,380)	(21,571)
Provision for Liabilities &Charges						44267				4426	59916
						6131,842		820,087		8161,929	8177,606
Analysis ofCharitable Funds
						Fund at		Incoming	Resources		Fund at
						1 April	Resources			Expended	31 March
						2021		in Year		in Year	2022
						8		6		6	6
Unrestricted	Funds
Charity General Fund						132,195		226,400		(256,753)	101,842
Designated	Capital	Development			Fund			30,000			30,000
						132,195		256,400		(256,753)	131,842
Restricted Funds
Arts Council	England (ACE)—					37,000				(22,500)	14,500
Reimagining	Digital
Joicey Trust						2,000				(2,000)
Tyne &Wear Community			Foundation-			6,311				(724)	5,587
UV Unit*
						45,311				(25,224)	20,087
Total Funds						+77,608		6258,400		E(281,977)	6151,929