2023-03-31-accounts

				Page
Trustees'	report			1-8
Independent examiner's			report
Statement	offinancial	activities		10
Balance sheet
Notes to	the financial	statements		12 - 19

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023		2022	2022	2022
		Notes	F	F		F		E
Income from:
Donations and	legacies		1,474	134	1,608	745		745
Charitable activities			38,914	150,885	189,799	129,038	108,471	237,509
Other trading activities						15		15
Investments			764		764	13		13
Total income			41,152	151,019	192,171	129,811	108,471	238,282
Charitable activities		7	42,231	148,871	191,102	69,950	107,191	177,141
Net income/(expenditure)			(1,079)	2,148	1,069	59,861	1,280	61,141
Transfers between
funds			9,716	(9,716)
Net movement	in
funds			8,637	(7,568)	1,069	59,861	1,280	61,141
Reconciliation	offunds:
Fund balances	at 1 April	2022	149,119	35,000	184,119	89,258	33,720	122,978
Fund balances at 31 March
2023			157,756	27,432	185,188	149,119	35,000	184,119

							2023		2022
						Notes			E
Fixed assets
Tangible assets						12		784		279
Current assets
Debtors						13	79,358		59,736
Cash at bank and		in	hand				142,714		155,186
							222,072		214,922
Creditors:	amounts		falling		due within	14
one year							37,668		31,082
Net current	assets							184,404		183,840
Total assets less		current		liabilities				185,188		184,119
The funds	ofthe	charitable			company
Restricted	income	funds				15		27,432		35,000
Unrestricted	funds							157,756		149,119
								185,188		184,119

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023		2022	2022	2022
			f.	F
Donations	and	gifts	1,474	134	1,608	745		745

				2023	2022
					P
Northamptonshire Community		Foundation		5,000
University of Northampton				16,753	11,964
West Northamptonshire	Council			2,400	51,000
Artists' studio rental				18,002	11,339
Garfield Weston Foundation				20,000
Arts Council England				61,104	61,104
South East Midlands	Local Enterprise		Partnership	9,842	13,367
NN Associates				56,698	88,735
				189,799	237,509
Analysis by fund
Unrestricted funds				38,914	129,038
Restricted funds				150,885	108,471
				189,799	237,509

				Unrestricted	Unrestricted
				funds	funds
				2023	2022
					E
	Non-charitable	trading	activities		15
6	Income from	investments

		Unrestricted	Unrestricted
		funds	funds
		2023	2022
		E
Interest	receivable	764	13

	Expenditure on chari	tabl	e activities
				2023	2022f
	Staff costs			80,091	52,306
	Printing, postage and	stationery		241	630
	ITexpenses, phone and broadband			1,969	2,919
	Insurance			1,611	1,603
	Legal and professional			281	188
	Board expenses			721
	Bank charges			153	103
	Accountancy, finance	and	payroll costs	437	1,283
	Rent, rates and electricity			2,011	1,478
	Equipment maintenance			1,877	1,522
	Cleaning, waste disposal,		and recycling	1,493	1,748
	Training and travel			83	13,738
	Sundry expenses			515	2,926
	Marketing			12,177	4,192
	Consultancy			33,917	4,515
	Programme costs			20,129	27,767
				157,706	116,918
	Share of governance	costs (see note 8)		33,396	60,223
				191,102	177,141
	Analysis by fund
	Unrestricted funds			30,671	69,950
	Restricted funds			160,431	107,191
				191,102	177,141
8	Support costs
				2023	2022f
	Overheads			1,699	838
	Office costs			5,146	5,920
	Staff costs			26,551	53,465
				33,396	60,223
	Analysed between
	Charitable activities			33,396	60,223

The ave	rage monthly number ofemployees during the y	ear was:
		2023	2022
		Number	Number
Wages	and salaries	96,294	89,830
Social security costs		4,132	3,566
Pension	costs	2,100	1,912
Training	and travel	3,657	2,677
Freelance and consultants		35,030	27,154
		141,213	125,139

Tangible fix	ed asset	s
			Plant and
			equipmentf
Cost
At 1 April 2022			15,550
Additions			910
Disposals			(15,550)
At 31 March	2023		910
Depreciation	and impairment
At 1 April 2022			15,271
Depreciation	charged	in the year	126
Eliminated in	respect	ofdisposals	(15,271)
At 31 March	2023		126
Carrying amount
At 31 March	2023		784
At 31 March	2022		279

Debtors
										2023		2022
Amounts falling due			within	one year:
Other debtors										79,358		58,341
Prepayments	and	accrued income										1,395
										79,358		59,736
Creditors: amounts			falling due within		one		year
										2023		2022
										E		F
Trade creditors										21,110		6,601
Accruals and	deferred		income							16,558		24,481
										37,668		31,082
Restricted funds
The restricted	funds		of the charity comprise				the unexpended balances		of donations	and grants	held on trust
subject to specific conditions				by donors	as	to	how they may be used.
									Movement	in funds
								Balance at	Incoming	Resources		Balance at
								1 April 2022 E	resourcesf	expended	31	March 2023 F
Arts Council	England								61,104	(61,104)
NN Associates &		West Northamptonshire				Council		35,000	58,400	(77,300)		16,100
Northamptonshire		Community		Foundation					5,000	(5,000)
South East Midlands			Local Enterprise		Partnership				9,842	(9,842)
University of	Northampton								16,673	(5,341)		11,332
								35,000	151,019	(158,587)		27,432

designate	d funds which h	ave been set a	side out of	unrestricted fu	nds by the truste	es for specific	purposes.
		At	1 April	Incoming	Resources	Transfers	At 31 March
			2022	resources	expended		2023
			E			F	F
General	funds		149,119	41,152	(42,231)	9,716	157,756