| CONTENTS | PAGES | |
|---|---|---|
| Report ofthe Trustees | 1 —5 | |
| Reference 8 Administrative Information |
||
| Independent Examiner's |
report to the Trustees | |
| Statement of Financial |
Activities | |
| Balance sheet | ||
| Notes to the financial statements | 10-18 |
| Unrestricted | Restricted | Total Funds | Total Funds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | ||
| Note | |||||
| Income from: | |||||
| Donations and legacies |
72,850 | 136,555 | 209,405 | 111,289 | |
| Charitable activities |
78,789 | 585 | 79,374 | 12,437 | |
| Interest receivable | |||||
| Total income | 151,641 | 137,140 | 288,781 | 123,733 | |
| Expenditure on: |
|||||
| Charitable activities |
158,873 | 101,967 | 260,840 | 119,478 | |
| Total expenditure | 158,873 | 101,967 | 260,840 | 119,478 | |
| Net income/(expenditure) | (7,232) | 35,173 | 27,941 | 4,255 | |
| Transfers between funds |
14 | 34,698 | (34,698) | ||
| Net movement in funds |
27,466 | 475 | 27,941 | 4,255 | |
| Total funds brought forward |
14 | 31,083 | 31,083 | 26,828 | |
| Total funds carried forward | 14 | 58,549 | 475 | 59,024 | 31,083 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| Fixed assets | ||||||
| Tangible fixed |
assets | 265 | 407 | |||
| Current assets | ||||||
| Debtors | 12 | 21,390 | 5,969 | |||
| Cash at bank and | in | hand | 71,015 | 79,776 | ||
| Current assets | 92,405 | 85,745 | ||||
| Creditors: Amounts | falling due within one year | 13 | (33,646) | (55,069) | ||
| Net current assets | 58,759 | 30,676 | ||||
| Net assets | 59,024 | 31,083 | ||||
| Funds | ||||||
| Restricted funds | 15 | 475 | ||||
| Unrestricted | Funds | |||||
| Designated | funds | 15 | 6,328 | 6,328 | ||
| General funds | 15 | 52,221 | 24,755 | |||
| 59,024 | 31,083 |
| Donations | and legacies | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2022 | |||
| Grants receivable | 72,850 | 136,555 | 209,405 | ||
| 72,850 | 136,555 | 209,405 | |||
| Prior year | comparative | Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |||
| Grants receivable | 102,431 | 3,900 | 106,331 | ||
| Coronavirus | Job Retention | Scheme | 4,958 | 4,958 | |
| 107,389 | 3,900 | 111,289 |
| Unrestricted | Restricted | Total Funds | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | |||
| Performance | fees | 18,758 | 18,758 | 3,100 | ||
| Project management | fees | 52,962 | 52,962 | 9,337 | ||
| Merchandise | 1,994 | 1,994 | ||||
| Consultancy | fees | 3,650 | 585 | 4,235 | ||
| Press services | 1,425 | 1,425 | ||||
| 78,789 | 585 | 79,374 | 12,437 |
| Expenditure on charitable activities |
|||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| Wages and salaries | 67,863 | 40 | 67,903 |
| Artists fees | 46,722 | 57,223 | 103,945 |
| Workshop leader |
1,104 | 12,375 | 13,479 |
| Subcontract costs | 2,400 | 10,725 | 13,125 |
| Freelance payments | 4,283 | 474 | 4,757 |
| Use of residence as office | 1,589 | 1,589 | |
| Rental ofoffice space | 910 | 910 | |
| Equipment hire |
13,112 | 15,682 | 28,794 |
| Telephone | 1,023 | 1,023 | |
| Post and stationery | 288 | 179 | 467 |
| Advertising 8 Marketing |
4,321 | 1,245 | 5,566 |
| Design and printing | 996 | 430 | 1,426 |
| Insurance | 3,317 | 3,317 | |
| Computer repairs 8 maintenance |
1,674 | 1,674 | |
| Licences and subscriptions | 1,066 | 1,066 | |
| Travel and subsistence | 1,535 | 2,670 | 4,205 |
| Sundry expenses | 121 | 7 | 128 |
| Depreciation | 267 | 267 | |
| Entertainment | 177 | 177 | |
| Legal expenses | 1,000 | 1,000 | |
| Website development | 1,155 | 917 | 2,072 |
| Bank charges | 393 | 393 | |
| Accountancy costs |
1,259 | 1,259 | |
| Training | 150 | 150 | |
| Governance costs (note 5) |
2,148 | 2,148 | |
| 158,873 | 101,967 | 260,840 |
| Prior year comparatives | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2021 | ||||
| Wages and salaries | 63,027 | 63,027 | ||||
| Artists fees | 19,138 | 200 | 19,338 | |||
| Workshop leader |
2,400 | 2,400 | ||||
| Subcontract costs | 400 | 400 | ||||
| Use of residence as office | 796 | 796 | ||||
| Telephone | 926 | 926 | ||||
| Post and stationery | 197 | 197 | ||||
| Advertising 8 Marketing |
933 | 1,000 | 1,933 | |||
| Design and printing | 627 | 300 | 927 | |||
| Insurance | 3,267 | 3,267 | ||||
| Computer repairs 8 maintenance |
729 | 729 | ||||
| Licences and subscriptions | 1,078 | 1,078 | ||||
| Sundry expenses | 304 | 304 | ||||
| Depreciation | 578 | 578 | ||||
| Website development | 5,687 | 5,687 | ||||
| Bank charges | 110 | 110 | ||||
| Accountancy costs |
1,981 | 1,981 | ||||
| Equipment hire |
11,956 | 11,956 | ||||
| Training | 2,509 | 2,509 | ||||
| Governance costs (note |
5) | 1,335 | 1,335 | |||
| 115,578 | 3,900 | 119,478 | ||||
| 5 | Governance costs | |||||
| Unrestricted | Restricted | Total Funds | Total Funds | |||
| Funds | Funds | 2022 | 2021 | |||
| F | ||||||
| Independent examiner's |
fees | 1,775 | 1,775 | 1,335 | ||
| Trustees' meeting expenses |
373 | 373 | ||||
| 2,148 | 2,148 | 1,335 |
| Staff costs | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| The total staff costs were as | follows: | ||||
| Wages and salaries | 65,108 | 56,901 | |||
| Social security costs | 613 | 96 | |||
| Other pension costs | 2,182 | 6,030 | |||
| 67,903 | 63,027 | ||||
| The average number ofemployees |
during | the year was as follows: | Total | Total | |
| 2022 | 2021 | ||||
| Average number (headcount) |
ofemployees | 4 | 3 |
| Net income/( | expe | nditure) for the year |
||
|---|---|---|---|---|
| 2022 | 2021 | |||
| This is stated | after charging: | |||
| Depreciation | 267 | 578 | ||
| Independent | examiner's fees | |||
| -for current | year | 1,400 | 1,335 | |
| —underprovided | in prior year | 375 |
| 10 Prior year fund compa | ratives | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| Income from: | ||||
| Donations and legacies |
107,389 | 3,900 | 111,289 | |
| Charitable activities |
12,437 | 12,437 | ||
| Interest receivable | 7 | 7 | ||
| Total income | 119,833 | 3,900 | 123,733 | |
| Expenditure on: |
||||
| Charitable activities |
115,578 | 3,900 | 119,478 | |
| Total expenditure | 115,578 | 3,900 | 119,478 | |
| Net income/(expenditure) | and | |||
| Net movement in funds |
4,255 | 4,255 | ||
| Total funds brought forward |
26,828 | 26,828 | ||
| Total funds carried forward | 31,083 | 31,083 |
| 11 | Tangible Fixed Assets |
||
|---|---|---|---|
| Equipment | Total | ||
| Cost | |||
| At 1 April 2021 | 3,675 | 3,675 | |
| Additions | 125 | 125 | |
| At 31 March 2022 | 3,800 | 3,800 | |
| Depreciation | |||
| At 1 April 2021 | 3,268 | 3,268 | |
| Charge for the year | 267 | 267 | |
| At 31 March 2022 | 3,535 | 3,535 | |
| Net Book Value | |||
| At 31 March 2022 | 265 | 265 | |
| At 31 March 2021 | 407 | 407 |
| 12 | Debtors | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| Trade debtors | 18,434 | 2,037 | |||||||
| Prepayments | and accrued income | 2,956 | 3,932 | ||||||
| 21,390 | 5,969 | ||||||||
| 13 | Creditors: Amounts | falling due | within one year | ||||||
| 2022 | 2021 | ||||||||
| Trade creditors | 6,941 | 9,922 | |||||||
| Taxation and social security | 7,013 | 2,621 | |||||||
| Accruals and deferred | income | 10,378 | 33,292 | ||||||
| Other creditors | 9,314 | 9,234 | |||||||
| 33,646 | 55,069 | ||||||||
| 14 | Movement | in | funds | ||||||
| At | At | ||||||||
| 1 Apr | 31 Mar | ||||||||
| 2021 | Income | Expenditure | Transfers | 2022 | |||||
| Restricted | funds | ||||||||
| PRS -TDP | 5,725 | (5,250) | 475 | ||||||
| PRS - NMB | 5,146 | (5,146) | |||||||
| Arts Council | England | 62,145 | (48,066) | (14,079) | |||||
| Historic England | 64,124 | (43,505) | (20,619) | ||||||
| 137,140 | 101,967 | 34,698 | 475 | ||||||
| Unrestricted | funds | ||||||||
| Designated | funds | ||||||||
| Future programmes | 6,328 | 6,328 | |||||||
| General funds | 24,755 | 151,641 | (158,873) | 34,698 | 52,221 | ||||
| 31,083 | 151,641 | 158,873 | 34,698 | 58,549 | |||||
| Total funds | 31,083 | 288,781 | (260,840) | 59,024 |
| Prior year comparatives | Prior year comparatives | At | At | ||||
|---|---|---|---|---|---|---|---|
| 1 Apr | 31 Mar | ||||||
| 2020 | Income | Expenditure | Transfers | 2021 | |||
| Restricted | funds | ||||||
| RVW Trust | 1,000 | (1,000) | |||||
| PRS | 2,900 | (2,900) | |||||
| 3,900 | 3,900 | ||||||
| Unrestricted | funds | ||||||
| Designated | funds | ||||||
| Future programmes | 6,328 | 6,328 | |||||
| General Funds |
20,500 | 119,833 | (115,578) | 24,755 | |||
| 26,828 | 119,833 | 115,578 | 31,083 | ||||
| Total funds | 26,828 | 123,733 | (119,478) | 31,083 | |||
| Pur ose ofrestricted funds | |||||||
| PRS —TDP | Funds received | towards the | artistic | and production | costs of A Song For Us, | ||
| Keeley Limbs and Sound Generator. |
| Analysis of | net assets between funds | |||
|---|---|---|---|---|
| Tangible | Other | Total | ||
| Fixed assets | Net assets | 2022 | ||
| Restricted | funds | 475 | 475 | |
| Unrestricted | funds | |||
| Designated | funds | 6,328 | 6,328 | |
| General funds | 265 | 51,956 | 52,221 | |
| 265 | 58,759 | 59,024 | ||
| Prior year comparatives | ||||
| Tangible | Other | Total | ||
| Fixed assets | Net assets | 2021 | ||
| Restricted | funds | |||
| Unrestricted | funds | |||
| Designated | funds | 6,328 | 6,328 | |
| General funds | 407 | 24,348 | 24,755 | |
| 407 | 30,676 | 31,083 |