2022-03-31-accounts

Mr D F Gunn	(Appointed	22 November 2021)
Mr AConeghan	(Appointed	28 June 2021)
Mr J W Chamberlain	(Appointed	28 June 2021)
Mrs A Campbell	(Appointed	28 June 2021)
Mrs J Murray
Mrs KE Chadwick
MrAT Hewttt

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
	Notes	2022 f	2022 f		2021 8	2021	2021f
t
Donations and legacies		745		745	100		100
Charitable activities		129,038	108,471	237,509	63,161	151,802	214,963
Other trading activities		15		15	3,465		3,465
Investments		13		13	22		22
Total Income		129,811	108,471	238,282	66,748	151,802	218,550
~E«du
Charitable activities		69,950	107,191	177,141	13,394	119,989	133,383
Net income for the year/
Net movement in funds		59,861	1,280	61,141	53,354	31,813	85,167
Fund balances at 1 April	2021	89,258	33,720	122,978	35,904	1,907	37,811
Fund balances at 31 March
2022		149,119	35,000	184,119	89,258	33,720	122,978

				2022		2021
			Notes	8		8
Fixed assets
Tangible assets					279		349
Current assets
Debtors			12	59,736		12,878
Cash at bank and	in	hand		155,186		134,535
				214,922		147,413
Creditors: amounts		falling due within
one year			13	(31,082)		(24,784)
Net current assets					183,840		122,629
Total assets lees	current liabilities				184,119		122,978
Income funds
Restricted funds			14		35,000		33,720
Unrestricted funds					149,119		89,258
					184,119		122,978

				2022	2021
				6	6
JRSgrant					2,028
University of Northampton				11,964	4,000
West Northamptonshire	Council			51,000	42,142
Artists' studio rental				11,339	14,991
Northamptonshire Community		Foundation			4,910
Arts Council England				61,104	131,104
South East Midlands	Local Enterprise		Partnership	12,367	15,788
David Laing Foundation				1,000
NN Associates				88,735
				237,509	214,963
Analysis by fund
Unrestricted funds				129,038	63,161
Restricted funds				108,471	151,802
				237,509	214,963

Unrestricted	Unrestricted
funds	funds
2022	2021
6	6
15	3,465

Unrestricted	Unrestricted
funds	funds
2022 6	2021f
13	22

					2022	2021
					E	E
	Staffcosts				52,306	27,434
	Printing, postage and		stationery		630	501
	ITexpenses,	phone and broadband			2,919	4,601
	Insurance				1,603	1,439
	Legal and professional				188	2,825
	Board expenses					226
	Bank charges				103	162
	Accountancy,	finance	and	payroll costs	1,283	2,084
	Light and heat				1,478	12
	Equipment maintenance				1,522	1,480
	Cleaning, waste disposal,			and recycling	1,748	2,403
	Training and	travel			13,738	3,617
	Sundry expenses				2,926	405
	Marketing				4,192	2,146
	Consultancy				4,515	7,019
	Artists' fees				27,767	23,432
					116,918	79,786
	Share of governance		costs (see note 8)		60,223	53,597
					177,141	133,383
	Analysis by	fund
	Unrestricted	funds			69,950	13,394
	Restricted funds				107,191	119,989
					177,141	133,383
8	Supportcosts
					2022	2021
					E	E
	Overheads				838	657
	Office costs				5,920	4,054
	Staff costs				53,465	48,886
					60,223	53,597
	Analysed between
	Charitable activities				60,223	53,597

The ave	rage monthly numb	er ofemploy	ees during th	e year was:
					2022	2021
					Number	Number
Wages	and salaries				89,830	56,495
Social security costs					3,566	847
pension	costs				1,912	1,133
Training	and travel				2,677	1,358
Freelance and consultants		and building	maintenance	support	27,154	28,466
					125,139	88,299

Tangible fix	ed assets
			Plant	and equipment
Cost
At 1 April 2021				15,550
At 31 March	2022			15,550
Depreciation	and impairment
At 1 April 2021				15,201
Depreciation	charged	in the year		70
At 31 March	2022			15,271
Carrying amount
At 31 March	2022			279
At 31 March	2021			349

12	Debtors
				2022	2021
	Amounts falling due		within one year:	f	f
	Other debtors			58,341	11,671
	Prepayments	and accrued Income		1,395	1,207
				59,736	12,878
13	Creditors: amounts		falling due within one year
				2022 f	2021f
	Trade creditors			6,601	18,612
	Accruals and	deferred	Income	24,481	6,172
				31,082	24,784

							Movement	ln funds
						Balance at	Incoming	Resources	Balance st
						1 April 2021 f	resources f	expended f	31 March 202II
	Arts Council England					24,971	61,104	(86,075)
	NN Associates						35,000		35,000
	Northamptonshirs	Community		Foundation		4,997		(4,997)
	South East Midlands		Local Enterprise Partnership			3,752	12,367	(16,119)
						33,720	108,471	(107,191)	35,000
15	Analysis ofnet assets between funds
			Unrestricted		Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
				2022	2022	2022	2021	2021	2021
				f	f		f	f	f
	Fund balances	at 31
	March 2022 are
	represented by. '
	Tangible assets			279		279	349		349
	Current assets/(liabilities)			148,840	35,000	183,840	88,909	33,720	122,629
				149,119	35,000	184,119	89,258	33,720	122,978