%VE$T8URY ARTS ¢ENTRE (o compa.ryy limltsd.by >u¥ra#lè*j -. . . FINANCIAL $tATÈMENT8,, FQR fHE...YEAR ENDED.,".,,_-. ,.31 DÉCEMBER 1021 ,.
| CONTENTS | Page | ||
|---|---|---|---|
| Legal and Administrative | Information | ||
| Report ofthe | Trustees | 4-7 | |
| Independent | Examiners | Report | |
| Statement of | Financial | Activities | |
| Balance Sheet | 10 | ||
| Notes to the | Financial Statements | 11-16 |
| Note | Unrestricted | Restricted | Total Funds | Total Funds | ||
|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | |||
| INCOMING RESOURCES |
||||||
| Incoming Resources |
from Generated | Funds | ||||
| Investment Income |
86 | 86 | ||||
| Incoming Resources |
||||||
| from Charitable Activities |
70,330 | 24,000 | 94,330 | 73,393 | ||
| Voluntary Income |
||||||
| TOTAL INCOMING | RESOURCES | 70,416 | 24,000 | 94,416 | 73,397 | |
| RESOURCES EXPENDED | ||||||
| Costs ofGenerating | Funds | |||||
| Charitable Activities |
46,294 | 3,156 | 49,450 | 44,609 | ||
| Governance Costs |
34,710 | 3,750 | 38,463 | 26,155 | ||
| TOTAL RESOURCES EXPENDED | 81,004 | 6,906 | 87,913 | 70,767 | ||
| NET MOVEMENT IN FUNDS |
(10,586) | 17,094 | 6,508 | 2,633 | ||
| RECONCILIATION | OF FUNDS | |||||
| Brought forward | 30,747 | 3,958 | 34,705 | 32,072 | ||
| Surplus/(Deficit) for |
the Year | (10,586) | 17,094 | 6,508 | 2,633 | |
| 20,158 | 21,052 | 41,210 | 34,705 |
| WESTBURY ARTS CENTRE (Limited by Guarantee) Company No. 8328547 |
WESTBURY ARTS CENTRE (Limited by Guarantee) Company No. 8328547 |
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|---|---|---|---|---|
| BALANCE SHEET - 31 DECEMBER 2022 | ||||
| Note | 2022 | 2021 | ||
| E | ||||
| NON CURRENT ASSETS | ||||
| Fixed Assets | 1,020 | 1,371 | ||
| CURRENT ASSETS | ||||
| Debtors | ||||
| Cash and Bank | 52,124 | 42,811 | ||
| 52,124 | 42,811 | |||
| CURRENT LIABILITIES | ||||
| Creditors: amounts | falling due | |||
| within one year | 12 | 11,934 | 9,477 | |
| NET CURRENT ASSETS | 40,190 | 33,334 | ||
| TOTAL ASSETS | 41,210 | 34,705 | ||
| REPRESENTED BY: | ||||
| FUNDS | ||||
| Unrestricted Reserves |
20,158 | 30,747 | ||
| Restricted Reserves | 21,052 | 3,958 | ||
| 41,210 | 34,705 |
| 5) | Incoming Resources | from Charitable A |
ctivities | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | |||
| Total | Total | |||||
| Studio Hire | 25,544 | 25,544 | 28,772 | |||
| Room Hire | 16,526 | 16,526 | 8,422 | |||
| Workshops &Events |
23,537 | 23,537 | 8,269 | |||
| Studio Hire: Studio | 8 Accom | |||||
| Workshops &Events: Sales of Product |
1,342 | 1,342 | 1,912 | |||
| Sundry Income Commission on sale |
1,321 491 |
1,321 491 |
2,559 715 |
|||
| Designated funds: Restricted income |
Shop sales | 24,000 | 24,000 | 11,633 | ||
| Other (Specified) | 400 | 6,147 | ||||
| Voluntary Income |
1,169 | 1,169 | 4,964 | |||
| 70,330 | 24,000 | 94,330 | 73,393 | |||
| 6) | Voluntary Income |
Unrestricted | Restricted | 2022 | 2021 | |
| Totalf | Total | |||||
| General Donations | 8 Fundraising |
| ritable Activities |
|||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | ||
| Total | Total | ||||
| Event expenses Event Expenditure: |
Personnel/Freelance | 1,634 10,232 |
1,000 | 2,634 10,232 |
2,770 9,382 |
| Event Expenditure: | Publicity/Marketing | 162 | |||
| Event Expenditure: | Refreshments/Hospitality | ||||
| Event Expenditure: | Performers | ||||
| Event Expenditure: | Workshops | 8,048 | 1,500 | 9,548 | 4,008 |
| Boiler "Loan" | 2,706 | ||||
| Fire 8 Security Heat & Light |
4,282 5,769 |
4,282 5,769 |
3,653 6,092 |
||
| Domestic rates/Water | 1,599 | 1,599 | 1,850 | ||
| Cleaning Repairs & Renewals |
14,730 | 656 | 15,386 | 13,986 | |
| 46,294 | 3,156 | 49,450 | 44,609 |
| vernance Costs |
||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | |
| Total | Total | |||
| E | ||||
| Administration staff |
28,327 | 28,327 | 17,253 | |
| Office costs | 298 | 298 | ||
| Office consumables | 585 | |||
| Printing, Postage | ||||
| Telephone/Internet | 1,208 | 1,208 | 1,182 | |
| Insurance | 1,260 | 1,260 | 1,431 | |
| Licences &Subscriptions | 668 | 668 | 721 | |
| Website costs | 451 | 451 | 245 | |
| Legal 8 Professional Bank charges |
221 659 |
221 659 |
1,186 369 |
|
| Depreciation Charge |
351 | 351 | 541 | |
| Volunteers | 31 | 31 | 123 | |
| Sundry | 1,236 | 3,750 | 4,990 | 2,519 |
| 34,710 | 3,750 | 38,463 | 26,155 |
| d Assets | |||
|---|---|---|---|
| Plant & | 2022 | 2021 | |
| Machinery | |||
| Total | Total | ||
| COST | |||
| At 1 January 2022 | 3,993 | 3,993 | 3,993 |
| Additions | |||
| Disposal | |||
| At 31 December 2022 | 3,993 | 3,993 | 3,993 |
| DEPRECIATION | |||
| At 1 January 2022 | 2,623 | 2,623 | 2,081 |
| Charge for the Period | 351 | 351 | 541 |
| Eliminated on disposal |
|||
| At 31 December 2022 | 2,974 | 2,974 | 2,622 |
| NET BOOK VALUE | |||
| At 31 December 2022 | 1,020 | 1,020 | 1,371 |
| At 31 December 2021 | 1,371 | 1,371 | 1,912 |
| Amounts | falling due within one year: | 2022f | 2021 E |
|---|---|---|---|
| Key deposit Payroll |
170 995 |
||
| Restricted | income | 5,807 | 2,900 |
| Accruals | 6,127 | 5,412 | |
| 11,934 | 9,477 |