| CONTENTS | Pages | ||
|---|---|---|---|
| Reference and administrative | details | ||
| Chairman's report |
|||
| Trustees' report | 3 —6 | ||
| Statement ofTrustees' | responsibilities | ||
| Independeat exmniner's report |
|||
| Statement offinancial | activities | ||
| Statement offinancial | position | 10 | |
| Statement ofcash flows | |||
| Notes to the financial | statements | 12 —16 |
| Uarestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| Year to | Year to | Year to | |||
| Notes | 31March | 31March | 31March | ||
| 2022 | 2022 | 2021 | |||
| GBP | GBP | GBP | |||
| INCOME AND ENDOWlVIENTS FROM: | |||||
| Donations and legacies |
2 | 45,000 | 45,000 | 50,000 | |
| Rental income | 65,356 | 65,356 | 10,180 | ||
| Other income | 22,602 | 22,602 | 35,841 | ||
| TOTAL | 132,958 | 132,958 | 96,021 | ||
| EXPENDITURE ON: | |||||
| Charitable activities |
5 | 150,556 | 150,556 | 94,321 | |
| TOTAL | 150,556 | 150,556 | 94,321 | ||
| NET MOVEMENT | FOR THE YEAR | (17,598) | (17,598) | 1,700 | |
| Total funds brought | forward | 19,207 | 19,207 | 17,507 | |
| TOTAL FUNDS CARRIED FORWARD | 1,609 | 1,609 | 19,207 |
| 31March | 31March | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Notes | GBP | GBP | ||
| CURRENT ASSETS | ||||
| Receivables | 354 | 1,216 | ||
| Prepayments | 706 | 680 | ||
| Cash | 10 | 4,887 | 21,505 | |
| 5,947 | 23,401 | |||
| CREDITORS (amounts | falling due within one year): | |||
| Creditors and accruals |
4,338 | 2,194 | ||
| Deposits received | 2,000 | |||
| NET CURRENT ASSETS | 1,609 | 19,207 | ||
| TOTAL NKT ASSETS | 1,609 | 19,207 | ||
| CHARITY FUNDS | ||||
| Unrestricted income funds |
1,609 | 19,207 | ||
| TOTAL CHARITY FUNDS | 13 | 1,609 | 19,207 |
| I April 2021 | I April 2020 | ||||
|---|---|---|---|---|---|
| TQ | TQ | ||||
| Notes | 31March 2022 | 31March 2021 | |||
| GBP | GBP | ||||
| Cash flow from operating | activities | ||||
| Net (expenditure)/ income |
(17,598) | 1,700 | |||
| (increase)/ decrease | in prepayments | (26) | 596 | ||
| Increasein payables |
2,144 | 320 | |||
| Decrease in receivables | 862 | 387 | |||
| (Decrease)/ increase | in deposits received | (2,000) | 2000 | ||
| Net cash (outflows)/ | inflows | &om operations | (16,618) | 5,003 | |
| Cash at the beginniag ofthe year | 21,505 | 16,502 | |||
| Cash at the end of | the year | 4,887 | 21,505 |
| Building | Developmeat | |||||
|---|---|---|---|---|---|---|
| artistic | ofperformaace | Total | Basis of | |||
| programme | space | 2021 | allocation | |||
| GBP | GBP | GBP | ||||
| Governance | 1,133 | 1,133 | 2,266 | Time spent | ||
| Information | technology | Time spent | ||||
| Payroll | administration | 1,305 | 1,305 | 2,610 | Time spent | |
| Human | resources | 1,000 | 1,000 | 2,000 | Time spent | |
| General | management | 40,591 | 40,592 | 81,183 | Time spent | |
| 44,029 | 44,030 | 88,059 |
| 5 |
ANALY | SIS OF EX | PENDITURE | ON CHA | RITABLE ACTIVI | TIES | ||
|---|---|---|---|---|---|---|---|---|
| Year ceded | Year ended | |||||||
| 31March | 31March | |||||||
| Activities | Grant funding | Support | Total | Total | ||||
| undertaken | directly | ofactivities | costs | 2022 | 2021 | |||
| GBP | GBP | GBP | GBP | GBP | ||||
| Building | artistic | pmgramme | 24,134 | 126,422 | 150,556 | 94,321 | ||
| 24,134 | 126,422 | 150,556 | 94,321 |
| Year ended | Year ended | ||
|---|---|---|---|
| 31March | 31March | ||
| 2022 | 2021 | ||
| GBP | GBP | ||
| Annual premises licence fee | 295 | 295 | |
| Bank charges | 179 | 105 | |
| Business pmperty rates |
4,454 | 4,454 | |
| Communicadons | 3,440 | 969 | |
| Company fees |
1,512 | 766 | |
| Courier and postage fees | 432 | ||
| Dues and subscriptions | 1,505 | 790 | |
| Employer's MC | 8,399 | 2,546 | |
| Employer's pension contributions |
1,917 | 1,576 | |
| Eventexpenditure | 14,272 | 6,038 | |
| Independent examiners |
fees | 1,500 | 1,500 |
| Insurance | 923 | 880 | |
| Legal and professional | fees | 14,416 | 2,610 |
| Marketing costs |
4,720 | 100 | |
| Meals snd hospitality | 925 | 96 | |
| 06ice equipment | 678 | 356 | |
| Office supplies | 535 | 21 | |
| Repairs and maintenaace | 4,764 | 4,896 | |
| Research expenditure | 2,259 | (107) | |
| Security | 978 | ||
| Tfainirlg | 298 | ||
| Travel and accommodation | 924 | 427 | |
| Wages snd salaries | 78,547 | 65,000 | |
| Warehousing Ib storage |
260 | ||
| Water | 978 | 571 | |
| 150,556 | 94,321 |
| Year ended | Year eaded | ||
|---|---|---|---|
| 31March | 31March | ||
| 2022 | 2021 | ||
| GBP | GBP | ||
| Salaries and | wages | 78,547 | 65,000 |
| Employer's | NIC contributions | 8,399 | 2,546 |
| Employer's | pension contributions | 1,917 | 1,576 |
| 88,863 | 69,122 |
| 10 | CASH ATBANK | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| GBP | GBP | ||||
| NatWest current account | —GBP | 5,311 | 21,505 | ||
| Cash held by payroll provider | (424) | ||||
| 4,887 | 21,505 | ||||
| 11 | CREDITORS AND ACCRUALS | ||||
| 2022 | 2021 | ||||
| GBP | GBP | ||||
| Accrual for independent | examiner's | review fee | 1,500 | 1,500 | |
| Accrual for independent | examiner's | prior year review fee | 1,500 | ||
| Other accruals | 1,338 | 694 | |||
| 4,338 | 2,194 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | 2022 | 2021 | |
| GBP | GBP | GBP | GBP | |
| Cash at bank | 5,311 | 5,311 | 21,505 | |
| Cash held by third parties | (424) | (424) | ||
| Prcpayments | 706 | 706 | 680 | |
| Debtors | 354 | 354 | 1,216 | |
| Deposits paid | ||||
| Deposits received | (2,000) | |||
| Accruals | (4,338) | (4,338) | (2,194) | |
| Total | 1,609 | 1,609 | 19,207 | |
| ANALYSIS OFMOVEMENTS IN UNRESTRICTED FUNDS | ||||
| Brought | Carried | |||
| forward | Income | Expenditure | forward | |
| GBP | GBP | GBP | GBP | |
| General fund | 19,207 | 132,958 | (150,556) | 1,609 |
| Total | 19,207 | 132,958 | (150,556) | 1,609 |