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|OR THE YEAR ENDED|31MAR|CH|2022|||||
|---|---|---|---|---|---|---|---|
||||Note|Unrestricted|Restricted|Total|Total|
|||||Fundsf|Fundsf|2022<br>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<br>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<br>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||||||||





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|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<br>Improvements|-10%straight|line on cost|



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|||||||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds<br>f|Funds<br>f|f|f|
|Interest Receivable||||||2||2|9|
|||||||f2|f-|f2|fg|
|The 2021 total off9was wholly||atbibutable|||to|Unrestricted<br>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<br>- An Evening|||With|||||400|
|Print||||||||||
|Joicey Trust|- Core Support||||||||2,000|
|Newcastle<br>City Council - COVID|||Support|||10,667||10,667|22,289|
|Newcastle<br>Cultural<br>Investment||Fund||at the||19,500||19,500|15,000|
|Community|Foundation|||||||||
|Tyne &Wear Community<br>Foundation||||- UV|||||7,035|
|Unit||||||||||
|||||||167,861||167,861|213,061|
|Donations||||||222||222|2,454|
|||||||f168,083|f-|f168,083|f215,515|





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|Income from Charita|ble<br>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|





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|Expenditure<br>on Char|ita|ble<br>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<br>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<br>&Marketing||||933||933|409|
|Bursary Costs||||47||47||
|Purchases<br>&Studio|Materials|||8,814|4,624|13,438|3,905|
|Gallery Costs||||190||190|1 821|
|||||152,173|20,624|172,7$7|143,479|
|Support Costs<br>Rent &Rates||||18,718||18,718|18,507|
|Freelance/Consultancy||Support||2,420|4,600|7,020||
|Other Premises Costs||||12,498||12,498|5,322|
|Depreciation<br>&Amortisation||||17,352||17,352|16,736|
|Insurance||||9,478||9,478|8,028|
|Other Administration|&|Running|Costs|12681||12,681|6532|
|||||73,147|4,600|77,747|65,126|
|Governance Costs||||||||
|Legal &Professional<br>Accountancy,<br>Payroll|Fees<br> &Independent|||2,064<br>2,518||2,064<br>2,518|1,386<br>2,260|
|Examination||||||||
|||||4,582||4,582|3,646|
|||||622$,$02|625,224|6255,126|6202,250|





## 


|Net Income/(|Expenditure)|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||2022||2021|
||||||||6||E|
|Net income/(expenditure)<br>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'<br>Remuneration|||||||||
||||||||2022|.|2021|
||||||||6||E|
|Gross Salary Costs|||||||124,188|116,930||
|Employer's|National<br>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<br>and Support|||||||4||4|





## 

|FOR|THE YEAR ENDED 31MARCH 202|2|||
|---|---|---|---|---|
|10.|Tangible Fixed Assets||||
|||Long|Leasehold|Plant tt|
||Cost|Leasehold|Improvements<br>f|Machinery<br>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<br>Fittings<br>f|Motor<br>Vehiche|Total<br>Fixed<br>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<br>PRINT STUDIO LIMITED|NORTHERN<br>PRINT STUDIO LIMITED|NORTHERN<br>PRINT STUDIO LIMITED|NORTHERN<br>PRINT STUDIO LIMITED|||
|---|---|---|---|---|---|
|(A COMPANY LIMITED|||BYGUARANTEE)|||
|NOTES TO THE ACCOUNTS||||||
|FOR THE YEAR ENDED 31||MARCH 2022||||
|11.|Stock|||||
|||||2022<br>5|2021f|
||Print making<br>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|





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|||||||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<br>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|





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