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|Current financial year||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|||
|||2022|2022|2022|2021|
||Notes|
£|£|£|£|
|Incomel!meo5lgwmeomfigm:
Donationsandlegacies
Investments|3
**4**|17,446|279,589|297,035|326,709
5|
|Otherincome|**5**|6,335||6,335|6,473|
|**TotalIncome**||23,781|279,589|303,370|333,187|
|**Expenditureon:**
Charitable activities|**6**|26,768|306,615|333,383|423,302|
|**Netoutgoingresourcesbeforetransfers**||(2,987)|(27,026)|(30,013)|(90,115)|
|Grosstransfersbetweenfunds||39,948|(39,948)|||
|**Net income/(expenditure) fortheyear/**
**Netmovement**in**funds**||36,961|(66,974)|(30,013)|(90,115)|
|Fundbalancesat1 January2022||20,830|95,633|116,463|206,578|
|**Fundbalancesat31December2022**||57,791|28,659|**86,450**|116,463|
|||--|--|--|--|
##
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|Prior financial year|||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds||
|||2021|2021|2021|
||Notes|£|£|£|
|Incomeand!ndowments from:|||||
|Donationsandlegacies|3|19,054|307,655|326,709|
|Investments|**4**|5||5|
|Otherincome|**5**|6,473||6,473|
|**Totalincome**||25,532|307,655|333,187|
|**Expenditureon:**
Charitableactivities|**6**|7,747|415,555|423,302|
|**Netoutgoingresourcesbeforetransfers**||17,785|(107,900)|(90,115)|
|Grosstransfersbetweenfunds||867|(867)||
|**Netincome/(expenditure)fortheyear/**
**Netmovementinfunds**||18,652|(108,767)|(90,115)|
|Fundbalancesat1January2021||2,178|204,400|206,578|
|**Fundbalancesat31December2021**||20,830|95,633|116,463|
|||--|--|--|
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||||2022||2021||
|---|---|---|---|---|---|---|
||Notes|£||£|£|£|
|Fixed assets|||||||
|Tangibleassets|11|||8,831||10,178|
|Cunent**assets**|||||||
|Debtors|**12**||||19,054||
|Cashatbankandinhand||80,804|||96,635||
|||80,804|||115,689||
|**Creditors:amountsfallingduewithin**
**oneyear**|**13**|(3,185)|||(9,404)||
|Netcurrentassets||||77,619||106,285|
|**Totalassetslesscunentliabilities**||||86,450||116,463|
|||||||--|
|||||--|||
|**Incomefunds**|||||||
|Restrictedfunds|**14**|||28,659||95,633|
|Unrestrictedfunds||||57,791||20,830|
|||||86,450||116,463|
|||||--||--|
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||**Unrestricted**|**Restricted**|**Total**|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||**funds**|**funds**||funds|funds||
||**2022**|**2022**|**2022**|2021|2021|2021|
||£|£|£|£|£|£|
|Grantsreceived|11,500|245,589|257,089|19,054|267,468|286,522|
|Contractsreceived|5,946|34,000|39,946||40,187|40,187|
||---|---|---|---|---|---|
##
||**Total**|**Unrestricted**|
|---|---|---|
|||**funds**|
||**2022**|
**2021**|
||£|
£|
|Interestreceivable||5|
|**Otherincome**|||
||**Un~strlctedUnrestrlcted**||
||**funds**|**funds**|
||**2022**|**2021**|
||£|£|
|Otherincome|6,335|6,473|
##
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||**Business,**|**Business,**|
|---|---|---|
||youth &|
youth &|
||community|
community|
||**development**|**development**|
||**2022**|**2021**|
||£|£|
|Staffcosts|167,220|136,169|
|Depreciationandimpainnent|1,347|1,796|
|Rent&utilities|36,159|29,077|
|Insurance|3,754|526|
|Officecostsandadministration|15,341|6,542|
|FoodSupplies|21,145||
|Sundryexpenses|13,215|8,861|
|Professional,accountancyandlegalfees|288|21,164|
|Advertising&marketing|13,337|34,769|
|Consultancyfees|23,108|75,091|
|BankCharges|216|188|
|Equipment|9,497|43,504|
|PPEcosts||6,644|
|Repairs&maintenance||10,330|
|Events&exhibitioncosts|26,794|46,671|
||331,421|421,332|
|Shareofgovernancecosts(seenote7)|1,962|1,970|
||333,383|
423,302|
||--|--|
|**Analysisbyfund**|||
|Unrestrictedfunds|26,768|
7,747|
|Restrictedfunds|306,615|
415,555|
||333,383|
423,302|
||--|--|
##
##
|**Support costs**|||||
|---|---|---|---|---|
||**Support**|**Governance**|**2022**|**2021**|
||**costs**|**costs**|||
||£|£|£|£|
|Accountancyfees||1,962|1,962|1,970|
|||1,962|1,962|1,970|
|Analysedbetween|||||
|Charitable activities||1,962|1,962|1,970|
##
##
||**2022**|**2021**|
|---|---|---|
||**Number**|**Number**|
|Administration Staff|4||
|Chief Executive Office|||
|Total|5|2|
||---|---|
|**Employment costs**|**2022**|**2021**|
||£|£|
|Wagesandsessional staff|159,379|134,496|
|Social security costs|6,355|1,060|
|Otherpensioncosts|1,486|613|
||167,220|136,169|
||---|---|
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|**Tangiblefixedassets**||||
|---|---|---|---|
||**Fixturesand**|**Computers**|Total|
||**fittings**|||
||£|£|£|
|**Cost**||||
|At1January2022|35,897|939|36,836|
|At31December2022|35,897|939|36,836|
|**Depreciationandimpainnent**||||
|At 1January2022|25,719|939|26,658|
|Depreciationchargedintheyear|1,347||1,347|
|At31December2022|27,066|939|28,005|
|**Canyingamount**||||
|At31December2022|8,831||8,831|
||--|--|--|
|At31December2021|10,178||10,178|
||--|--|--|
##
|**Debtors**|||
|---|---|---|
||**2022**|**2021**|
|**Amountsfallingduewithinoneyear:**|£|£|
|Tradedebtors||19,054|
||--|--|
|**Creditors:amountsfallingduewithinoneyear**|||
||**2022**|**2021**|
||£|£|
|Othertaxationandsocialsecurity|1,085|326|
|Othercreditors||6,978|
|Accrualsanddeferredincome|2,100|2,100|
||3,185|9,404|
||- -|--|
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|||**Movement**In**funds**|**Movement**In**funds**|||**Movement**In**funds**|**Movement**In**funds**|||
|---|---|---|---|---|---|---|---|---|---|
||**Balance at**|Incoming||**Tranafera**|Balanceat|Incoming|Resources|**Transfera**|**Balanceat**|
||1 January|resources|**expended**|1 January 2022||rNourcn|**expended**|31|December|
||2021||||||||2022|
||£|£|£|£|£|£|£|£|£|
|HeartofEngland|9,537||(10,971)|1,434|9,537|||||
|Inspiring to Achieve|(384)|||384||||||
|ArtsCouncil Research Project|371|||(371)||||||
|Active Citizens|484|||(484)||||||
|Accerlerate Project||26,091|(26,654)|563||||||
|HeartofEngland Covid|822|||(822)||||||
|Arts Council Culture Recovery|65,544|24,776|(90,586)|266||||||
|Heritage Fund Emergency|49,980|6,084|(55,104)|(960)||||||
|Heritage Continuity Project||||||47,816|(32,476)|(15,340)||
|Arts Council Emergency Resource Fund||||||75,316|(45,471)|(29,845)||
|NLCF Covid Crisis Managemen1|78,046||(13,178)|(2,164)||||||
|This is Africa||1,000|(1,150)|150||34,000|(38,912)|4,912||
|Coventry Black Community Taskforce||47,029|(13,998)||33,031|15,676|(48,707)|||
|Coventry Community Champions||14,096|(15,233)|1,137||||||
|Youth Vision Project||99,119|(47,578)||51,541|67,649|(93,256)|325|26,259|
|Hertitage Fund Art-up||89,460|(78,399)||11,061|9,940|(21,001)|||
|WAVA Hall Jubilee Fund||||||9,938|(7,538)||2,400|
|Confidence BuildingandBusiness||||||||||
|Awareness project||||||19,254|(19,254)|||
||204,400|307,655|(415,555)|(867)|95,633|279,589|(306,615)|(39,948)|28,659|
|||---||---||- - -|---|---||
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||Therewerenodisclosablerelatedpartytransactionsduringtheyear(2021-none).|||
|---|---|---|---|
|**16**|**Cashgenerated**from**operations**|2022|2021|
|||£|£|
||Deficitfortheyear|(30,013)|(90,115)|
||Adjustmentsfor:|||
||Investmentincomerecognisedinstatementoffinancialactivities||(5)|
||Depreciationandimpairmentoftangiblefixedassets|1,347|1,796|
||Movementsinworkingcapital:|||
||Decrease/(increase)indebtors|19,054|(5,667)|
||(Decrease)/increaseincreditors|(6,219)|41|
||Cashabsorbedbyoperations|(15,831)|(93,950)|