**Charity registration number 1150539**
**Company registration number 8220691 (England and Wales)**
## **ONCA TRUST LIMITED**
## **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 SEPTEMBER 2021**
Encyro E-Sign ID: a666cc9e5c714bb18f1fd918c136fa10 (2022-Jun-29 12:30:52 UTC)
## **ONCA TRUST LIMITED**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Laura Coleman (Chair) Dr Eva Coleman Dr Julie Doyle Michelle Westbury Clare Whistler Dr V Damodaran (Appointed 29 October 2020) A Evans-Jesra (Appointed 29 October 2020) S Tariq (Appointed 29 October 2020) J Uchendu (Appointed 10 May 2021) **Charity number** 1150539 **Company number** 8220691 **Registered office** 14 St. Georges Place Brighton BN1 4GB
## **ONCA TRUST LIMITED**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 4|
|Statement of trustees' responsibilities|5|
|Independent examiner's report|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Notes to the financial statements|9 - 16|
## **ONCA TRUST LIMITED**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
The Trustees present their annual report and financial statements for the year ended 30 September 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) " (effective 1 January 2019 ).
## **Objectives and activities**
The objects of the charity are:
1. To raise awareness of environmental and conservation issues through the arts.
2. To promote educational initiatives relating to art and conservation.
3. To raise funds to support conservation projects.
ONCA is a combined arts charity venue with a gallery venue in central Brighton and a floating community ecohub at Brighton Marina. Since November 2012, our programme of exhibitions and outreach has engaged artists, scientists and the general public in a wide range of activities. ONCA’s urban location is both a challenge and a gift in terms of finding ways to reach out to new diverse audiences, creating links with local community action groups, and capturing the imaginations of passers by, people local to the region and beyond.
ONCA’s work bridges social and environmental justice issues with creativity. We promote positive change by facilitating inclusive spaces for creative learning, artist support, story-sharing and community solidarity. ONCA Gallery works with artists, educators and organisations to co-deliver exhibitions, events and workshops that explore social and environmental issues.
ONCA Barge at Brighton Marina is a community centred learning space that supports artist development and offers a programme of creative activities in East Brighton.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **What we do**
- Art for Social Change: We work with artists, activists and community groups to deliver exhibitions and events that explore and promote social inclusion and social change.
- Arts, Health & Wellbeing: We use art to explore and promote mental, emotional, social and physical health and wellbeing
- Climate & Culture: We produce and promote creative initiatives and cultural responses to the climate emergency
- Decolonising Art & Culture: We collaborate with artists of colour and POC-led organisations to curate and support events and exhibitions that challenge eurocentrism and racism within mainstream arts and culture
- Endangered & Lost Species: We use art to explore stories of extinct and critically endangered species, cultures and ecological communities.
- 1 -
## **ONCA TRUST LIMITED**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
We Facilitate spaces for education & development relating to art, culture and the environment ;
## Artist Development
We promote opportunities for artists to develop their creative practices, receive professional guidance and engage in peer-led networking .
## Education for Sustainability.
We collaborate with learning organisations and artists to design and deliver creative activities that promote education for sustainability .
## Environmental Justice & Activism
We work with local and global campaigners to promote community-led action & education for environmental justice .
## Social Justice & Solidarity
We work with community organisers and campaign groups to promote education for transformative social change and liberation .
## **Achievements and performance**
Significant achievements for ONCA in 2020-21 included ongoing delivery (with pauses during the lockdowns) of long-term projects Emerge, a wellbeing project for staff at Brighton & Sussex University Hospital; Curiosity Club, a project for teenagers in East Brighton (we concluded our role in Curiosity Club in September 2021), and expanding our online programme, as well as the following programme elements:
## **Gallery/ Exhibitions**
October 2020 - January 2021: Lost Species Day: Beyond Ruin group exhibition and talks programme online and in the gallery window. Featuring works by artists based in Brazil, Ecuador and the UK .
February - April 2021: Hili Greenfeld: MaGifa online exhibition and talks programme
Israel-based artist solo exhibition about lockdown, parenthood and creative processes
May 2021: kin’d & kin’d launched Field Fairing, their online talks and workshop programme featuring eco poetics from Global Majority perspectives. With Dr Jason Allen-Paisant and Merrie Joy Williams
June 2021: Abiru Katsunori: Tokonatu Colour online and in the gallery window
Japan based painter’s first UK exhibition online and in the window gallery
Laura Coleman launched her memoir The Puma Years with an online talk event featuring Comunidad Inti Wara Yassi (CIWY) founder Nena Baltazar. CIWY is the frontline conservation charity which inspired Laura Coleman to set up ONCA.
July 2021: We re opened the gallery with Inner Landscapes by local Deaf artist Daniel J.G. Almost all the works were sold.
September 2021: We commissioned a new piece of art for the gallery window to celebrate Pride. From this call for submissions we chose Soofia: (Queer) Love Is Powerful .
## NHS Wellbeing Project
In 2021 ONCA delivered 14 wellbeing workshops for NHS staff across Sussex. The workshops were designed to offer staff opportunities to relax and decompress in the context of the COVID 19 pandemic. 591 staff participated across the 10 sites.
- 2 -
## **ONCA TRUST LIMITED**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## ONCA Barge
Where possible, we continued to collaborate with the Trust for Developing Communities to deliver the Curiosity Club art, science and tech project for teenagers in East Brighton.
In May 2021 we reopened our weekly Friday community mornings for Marina residents and people of Whitehawk, having had to pause all face to face activity on the Barge for a year, during the lockdowns. We also re-launched our new make and mend programme, Dresscue, with its well-appointed community sewing studio with machines sponsored by Pfaff.
We hosted a number of artist residencies including
- Subira Barge devising residency: Kill The Cop Inside Your Head
- Project Art Works Barge residency - PAW is a Hastings-based collective of adult artists with learning disabilities
- Alicia Radage Barge residency
As part of Brighton Fringe 2021 we hosted The History Bois immersive installation and events programme, exploring trans histories and biographies.
## **Financial review**
The statement of financial activities shows a surplus on for the period of £45,489 (2020: £43,910) Unrestricted reserves stand at £101,314 (2020: £63,168).
The charity currently holds enough reserves to cover 4 months of core activities. We have fundraised continuously since March 2020 in order to access all possible emergency support in the context of Covid-19. This has included a total of £74,400 from Arts Council England’s Culture Recover Fund and a total of £51,401 from Brighton & Hove City Council (Retail, Hospitality and Leisure Grant Fund) between the start of the pandemic and the end of this reporting period. We benefited from the UK Government furlough scheme to the sum of £35,999 in this reporting period (of a total of £50,057 since May 2020) and were granted £20,000 from Esmee Fairbairn Foundation.
The trustees have assessed the major risks to which the charity is exposed to and are satisfied that systems are in place to mitigate exposure to the major risks. ONCA is working hard to become financially sustainable, whilst also continuing to deliver an innovative and thought-provoking programme built around strategic partnerships and artistic quality.
Over the past nine years, ONCA has become an important part of the cultural landscape of Brighton. We continually strive to support the creation of new work that takes on environmental and social challenges and supports wellbeing in Brighton and beyond. We believe that art has a key role to play in the move to environmentally sustainable and healthy communities.
Project support from partners such as Arts Council England, Esmee Fairbairn Foundation, Wellcome & Children In Need continues to help ONCA to develop its vision of interdisciplinary arts practice and its commitment to inclusivity, and to offer supportive ways of helping propagate work eg residencies, mentoring and outreach with groups experiencing marginalisation (including Deaf and BME). Our volunteering and internship programmes were put on hold from March 2020 due to the pandemic.
## **Plans for future periods**
We plan to continue developing and deepening our partnership work with Global South artists and researchers work at the front lines of extractivism and environmental injustice, and to continuously improve our practices around accessibility and inclusivity.
- 3 -
## **ONCA TRUST LIMITED**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **Structure, governance and management**
The ONCA Trust is a charitable company limited by guarantee, incorporated on 19th September 2012 and registered as a charity on 21st January 2013. The company was established under a Memorandum of Association, which established the objects and powers of the charitable company . The ONCA Gallery Limited i s a trading subsidiary of the ONCA Trust .
The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Laura Coleman (Chair) Dr Eva Coleman Dr Julie Doyle Michelle Westbury Clare Whistler Dr V Damodaran (Appointed 29 October 2020) A Evans-Jesra (Appointed 29 October 2020) S Tariq (Appointed 29 October 2020) J Uchendu (Appointed 10 May 2021)
The directors are elected to serve for a period of two years, after which they can be re-elected at the next Annual General Meeting. All members of the ONCA Trust give their time voluntarily and receive no benefits from the charity. Training is provided to new Trustees.
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The trustees' r eport was approved by the Board of Trustees.
Laura Coleman (Chair)
## **Trustee**
28 June 2022
- 4 -
## **ONCA TRUST LIMITED**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
The Trustees, who are also the directors of ONCA Trust Limited for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
- 5 -
## **ONCA TRUST LIMITED**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ONCA TRUST LIMITED**
I report to the Trustees on my examination of the financial statements of ONCA Trust Limited (the charity) for the year ended 30 September 2021.
## **Responsibilities and basis of report**
As the Trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
- 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Phil Woodgate FCCA Woodgate Accounting Services Ltd Chartered Certified Accountants Unit 43 Newhaven Enterprise Centre Newhaven BN9 9BA
## 28/06/2022
Dated: .........................
- 6 -
## **ONCA TRUST LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
24,709
-
Charitable activities
**4**
21,620
128,951
Other income
**5**
70,768
-
**Total income**
117,097
128,951
**Expenditure on:**
Charitable activities
**6**
78,952
121,607
**Net income for the year/**
**Net movement in funds**
38,145
7,344
Fund balances at 1 October
2020
63,168
11,422
**Fund balances at 30**
**September 2021**
101,313
18,766|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2020**
**2020**
**£**
**£**
**£**
24,709
67,182
-
150,571
37,416
65,299
70,768
35,666
-
246,048
140,264
65,299
200,559
80,837
80,816
45,489
59,427
(15,517)
74,590
3,741
26,939
120,079
63,168
11,422|**Total**
**2020**
**£**
67,182
102,715
35,666
205,563
161,653
43,910
30,680
74,590|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 7 -
## **ONCA TRUST LIMITED**
## **BALANCE SHEET**
## _**AS AT 30 SEPTEMBER 2021**_
|**Notes**
**Fixed assets**
Investments
**9**
**Current assets**
Debtors
**10**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**11**
Net current assets
**Total assets less current liabilities**
**Income funds**
Restricted funds
**12**
Unrestricted funds|**2021**
**£**
16,053
112,936
128,989
(9,010)|**£**
100
119,979
120,079
18,766
101,313
120,079|**2020**
**£**
2,223
77,317
79,540
(5,050)|**£**
100
74,490
74,590
11,422
63,168
74,590|
|---|---|---|---|---|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 September 2021.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 28 June 2022
|Laura Coleman (Chair)|Michelle Westbury|
|---|---|
|**Trustee**|**Trustee**|
## **Company registration number 8220691**
- 8 -
## **ONCA TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **1 Accounting policies**
## **Charity information**
ONCA Trust Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 14 St. Georges Place, Brighton, BN1 4GB.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
The financial statements contain information about ONCA Trust Limited as an individual charity and do not contain consolidated financial information as the parent of a group.
## **1.2 Going concern**
Due to additional support from funders, supporters and government assistance following the outbreak of COVID-19 the trustee's a t the time of approving the financial statements have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
- 9 -
## **ONCA TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **1 Accounting policies**
**(Continued)**
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
## **1.5 Expenditure**
Expenditure is accounted for on an accruals basis and has been classified under the headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources,
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
3 years straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities .
## **1.7 Fixed asset investments**
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year . Transaction costs are expensed as incurred.
A subsidiary is an entity controlled by the charity. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity 's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
- 10 -
## **ONCA TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **1 Accounting policies**
## **(Continued)**
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity ’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Donations and legacies**
||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||**2021**|2020|
||**£**|£|
|Donations and gifts|4,709|25,684|
|Grants receivable|20,000|41,498|
||24,709|67,182|
- 11 -
## **ONCA TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **4 Charitable activities**
||**Charitable**|
**Charitable**|
|---|---|---|
||**Incom e**|
**Incom e**|
||**2021**|
**2020**|
||**£**|
**£**|
|Educational events|3,366|
2,787|
|Grants|128,951|
65,299|
|Community and workspace|18,254|
34,629|
||150,571|
102,715|
|Analysis by fund|||
|Unrestricted funds|21,620|
37,416|
|Restricted funds|128,951|
65,299|
||150,571|
102,715|
|**Other income**|||
||**Unrestricted**|Unrestricted|
||**funds**|funds|
||**2021**|2020|
||**£**|£|
|Other income|70,768|35,666|
## **5 Other income**
Other income includes £35,999 (2020: £14,058) received from the Coronavirus Job Retention Scheme and £31,400 (2020 £20,000 Brighton & Hove City Council COBID grants)
- 12 -
## **ONCA TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **6 Charitable activities**
||**Charitable**|
**Charitable**|
|---|---|---|
||**Expenditure**|
**Expenditure**|
||**2021**|
**2020**|
||**£**|
**£**|
|Staff costs|115,907|
104,405|
|Depreciation and impairment|4,151|
-|
|Rent, rates and water|18,656|
12,605|
|Examiner|958|
420|
|Insurance|5,494|
5,348|
|Light & heat|2,126|
2,816|
|Telephone and internet|1,366|
1,337|
|Print, postage and stationery|121|
514|
|Project expenditure|481|
887|
|IT expenses|1,826|
1,190|
|Travel|47|
160|
|Consultancy|8,340|
13,296|
|Sundry|5,700|
3,857|
|Bank charges|215|
25|
|Legal and professional|26|
201|
|Repairs, maintenance and cleaning|6,436|
6,846|
|Exhibition and gallery|28,709|
7,746|
||200,559|
161,653|
||200,559|
161,653|
|**Analysis by fund**|||
|Unrestricted funds|78,952|
80,837|
|Restricted funds|121,607|
80,816|
||200,559|
161,653|
## **7 Trustees**
No trustee was reimbursed travel costs (2020: £30) Chare Whistler was paid £437.50 for workshops. (2020: Nil)
## **8 Employees**
The average monthly number of employees during the year was:
|**2021**|**2020**|
|---|---|
|**Number**|**Number**|
|7|6|
- 13 -
## **ONCA TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
|**8**
**Employees**
**Employment costs**
Wages and salaries
There were no employees whose annual remuneration was more than £60,000.
**9**
**Fixed asset investments**
**Cost or valuation**
At 1 October 2020 & 30 September 2021
**Carrying amount**
At 30 September 2021
At 30 September 2020
Other investments comprise:
**Notes**
Investments in subsidiaries
**15**
**10**
**Debtors**
**Amounts falling due within one year:**
Trade debtors
Prepayments and accrued income
**11**
**Creditors: amounts falling due within one year**
Amounts owed to subsidiary undertakings
Other creditors|**(Continued)**
**2021**
**2020**
**£**
**£**
115,907
104,405
**Other**
**investments**
100
100
100
**2021**
**2020**
**£**
**£**
100
100
**2021**
**2020**
**£**
**£**
15,015
855
1,038
1,368
16,053
2,223
**2021**
**2020**
**£**
**£**
(3,055)
1,761
12,065
3,289
9,010
5,050|
|---|---|
- 14 -
## **ONCA TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
## **12 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
|||**Movement in funds**|**Movement in funds**||**Movement in funds**|**Movement in funds**||
|---|---|---|---|---|---|---|---|
||**Balance at**|**Incoming**|**Resources**|**Balance at**|**Incoming**|**Resources**|**Balance at**|
||**1 October 2019**|**resources**|**expended**
**1**|**October 2020**|**resources**|**expended**|**30 September**|
||||||||**2021**|
||**£**|**£**|**£**|**£**|**£**|**£**|**£**|
|Action for Deafness|5,822|-|(3,539)|
2,283|-|(2,283)|
-|
|BHCC Nature 2020|2,027|4,000|(4,027)|
2,000|-|(2,000)|
-|
|ACE|7,080|14,409|(21,489)|
-|74,400|(68,500)|
5,900|
|BSUH EMERGE project|10,010|10,000|(17,871)|
2,139|5,500|(7,639)|
-|
|University of Brighton - RCUK|2,000|-|-|2,000|-|(2,000)|
-|
|Trust for Developing Communities|-|5,000|(5,000)|
-|11,171|(11,171)|
-|
|Esmee Fairbain|-|26,000|(23,000)|
3,000|-|(3,000)|
-|
|University of Brighton- EUOE|-|5,890|(5,890)|
-|-|-|-|
|BSUH NHS Wellbeing Project|-|-|-|-|24,880|(22,014)|
2,866|
|BCCC Dresscue|-|-|-|-|3,000|(3,000)|
-|
|Enjoolata Foundation|-|-|-|-|10,000|-|10,000|
||26,939|65,299|(80,816)|
11,422|128,951|(121,607)|
18,766|
- 15 -
## **ONCA TRUST LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2021**_
|**13**
**Analysis of net assets between funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**2021**
**2021**
**£**
**£**
Fund balances at 30
September 2021 are
represented by:
Investments
100
-
Current assets/
(liabilities)
101,213
18,766
101,313
18,766|**Total**Unrestricted
funds
Restricted
funds
**2021**
2020
2020
**£**
£
£
100
100
-
119,979
63,068
11,422
120,079
63,168
11,422|Total
2020
£
100
74,490
74,590|
|---|---|---|
## **14 Related party transactions**
There were no disclosable related party transactions during the year other than disclosed in note 7.
## **15 Subsidiaries**
These financial statements are separate charity financial statements for ONCA Trust Limited.
Details of the charity's subsidiaries at 30 September 2021 are as follows:
|**Name of undertaking**|**Registered**|**Nature of business**|**Class of**|**% Held**|
|---|---|---|---|---|
||**office**||**shares held**|**Direct Indirect**|
|ONCA Gallery Limited|England|Non trading|Ordinary|100.00|
- 16 -
**Audit Trail**
## Tamper Verification
To check if this file has been modified after being signed, please go to: https://www.encyro.com/esign/verify Upload the file. The result will indicate if the file contents have been tampered with.
## Signed By
**Signer:** Laura Coleman (laura@onca.org.uk) **Identity Check:** Email Authentication **Signature Type:** Typed **Time Zone:** UTC+01:00, Europe/London (British Summer Time)
**Signer:** Phil@woodgateaccountingservices.co.uk
**Identity Check:** Email Authentication
**Signature Type:** Typed **Time Zone:** UTC+01:00, Europe/London (British Summer Time)
**Signer:** Michelle Westbury (michelle@westandberry.co.uk)
**Identity Check:** Email Authentication
**Signature Type:** Typed
**Time Zone:** UTC+01:00, Europe/London (British Summer Time)
## Event Log
**Jun 28, 2022, 5:35:08 PM -** Email notification sent to Laura Coleman (laura@onca.org.uk). **Jun 28, 2022, 5:35:09 PM -** Email notification sent to Michelle Westbury (michelle@westandberry.co.uk). **Jun 28, 2022, 5:35:09 PM -** Email notification sent to Phil@woodgateaccountingservices.co.uk. **Jun 28, 2022, 5:35:10 PM -** Email notification delivered to Laura Coleman (laura@onca.org.uk).
**Jun 28, 2022, 5:35:11 PM -** Email notification delivered to Michelle Westbury (michelle@westandberry.co.uk).
**Jun 28, 2022, 5:35:11 PM -** Email notification delivered to Phil@woodgateaccountingservices.co.uk.
**Jun 28, 2022, 5:37:54 PM -** Michelle Westbury (michelle@westandberry.co.uk) electronically signed or completed the document, from 81.146.52.105.
**Jun 28, 2022, 5:53:54 PM -** Phil@woodgateaccountingservices.co.uk opened the email notification (estimated).
**Jun 28, 2022, 5:58:29 PM -** Phil@woodgateaccountingservices.co.uk electronically signed or completed the document, from 31.24.221.131.
**Jun 28, 2022, 6:46:44 PM -** Laura Coleman (laura@onca.org.uk) opened the email notification (estimated).
**Jun 29, 2022, 1:30:37 PM -** Laura Coleman (laura@onca.org.uk) electronically signed or completed the document, from 85.255.236.3.
END OF LOG