| Pages | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Strategic Reports | |||
| Trustees' Annual Report |
4to 7 | ||
| Statement ofTrustees' | Responsibilities | ||
| Independent Examiner's |
Report | ||
| Statement of Financial | Activities | 10 | |
| Summary Income and Expenditure |
Account | ||
| Balance Sheet | 12 | ||
| Notes tothe Accounts | 13to 18 |
| for the year ended 30fune 20 | 22 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| Notes | E | E | E | E | |
| Income and endowments | |||||
| from: | |||||
| Donations and legacies |
78,450 | 30,000 | 108,450 | 205,179 | |
| Other trading activities | 61,829 | 61,829 | 6,796 | ||
| Total | 140,279 | 30,000 | 170,279 | 211,975 | |
| Expenditure on: |
|||||
| Raising funds | 39,907 | 4,305 | 44,212 | 29,975 | |
| Other | 117,465 | 28,195 | 145,660 | 101,176 | |
| Total | 157,372 | 32,500 | 189,872 | 131,151 | |
| Net gains on investments | |||||
| Net (expenditure)/income | (17,093) | (2,500) | (19,593) | 80,824 | |
| Transfers between funds | |||||
| Net (expenditure)/income before other gains/(losses) |
(17,093) | (2,500) | (19,593) | 80,824 | |
| Other gains and losses | |||||
| Net movement in funds |
(17,093) | (2,500) | (19,593) | 80,824 | |
| Reconciliation offunds: |
|||||
| Total funds brought forward | 104,779 | 2,500 | 107,279 | 26,455 | |
| Total funds carried forward | 87,686 | 87,686 | 107,279 |
| forthe year ended | 30 Iune | 2022 | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| E | f | |||
| Income | 170,279 | 211,975 | ||
| Gross income for | the year | 170,279 | 211,975 | |
| Expenditure | 189,825 | 131,151 | ||
| interest payable | 47 | |||
| Total expenditure | for the | year | 189,872 | 131,151 |
| Net (expenditure)/income | before tax | |||
| for the year | (19,593) | 80,824 | ||
| Net (expenditure | )/income forthe year | (19,593) | 80,824 |
| Republic of Irela | Republic of Irela | nd (FRS102) and the Companies Act 2006. |
nd (FRS102) and the Companies Act 2006. |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Change in basis |
ofaccounting orto previous accounts | |||||||||
| There has been | no change to the accounting policies (valuation rules and method |
ofaccounting) | since | |||||||
| last year and no changes have been made to accounts for previous years. | ||||||||||
| Fund accounting | ||||||||||
| Unrestricted | funds | These are available for use at the discretion ofthe trustees | in furtherance | of | the | |||||
| general objects ofthe charity. | ||||||||||
| Designated | funds | These are unrestricted funds earmarked by the trustees |
for particular purposes. |
|||||||
| Revaluation | funds | These are unrestricted funds which include a revaluation |
reserve representing | the | ||||||
| restatement ofinvestment assets at their market values. |
||||||||||
| Restricted funds | These are available for use subject to restrictions imposed |
by the donor | or | through | ||||||
| terms ofan appeal. | ||||||||||
| Income | ||||||||||
| Recognition | of | income is included in the Statement of Financial Activities |
(SoFA) when the | charity | ||||||
| income | becomes entitled to, and virtually certain to receive, the |
income and the | amount of | |||||||
| the income can be measured with sufficient reliability. |
||||||||||
| Income with related | Where income has related expenditure the income and |
related expenditure | is | |||||||
| expenditure | reported gross in the SoFA. |
|||||||||
| Donations | and | Voluntary income received by way ofgrants, donations |
and gifts is included | in | the | |||||
| legacies | the SoFA when receivable and only when the Charity has |
unconditional | ||||||||
| entitlement tothe income. |
||||||||||
| Tax reclaims on | Income from tax reclaims is included in the SoFA atthe |
same time as the | ||||||||
| donations | and | gifts | gift/donation to which it relates. |
|||||||
| Donated services | These are only included in income (with an equivalent |
amount in expenditure) |
||||||||
| and facilities | where the benefit to the Charity is reasonably quantifiable, |
measurable | and | |||||||
| material. | ||||||||||
| Volunteer | help | The value ofany volunteer help received is not included |
in the accounts. | |||||||
| Investment | income | This is included in the accounts when receivable. |
||||||||
| Gains/(losses) | on | This includes any gain or loss resulting from revaluing investments to market |
value | |||||||
| revaluation | of | fixed | at the end ofthe year. | |||||||
| assets | ||||||||||
| Gains/(losses) | on | This includes any gain or loss on the sale ofinvestments. |
||||||||
| investment | assets |
| s tothe Acc | s tothe Acc | ounts | ||||
|---|---|---|---|---|---|---|
| Expenditure | ||||||
| Recognition | of | Expenditure is recognised on an accruals basis. Expenditure includes |
any VAT which | |||
| expenditure | cannot be fully recovered, and is reported as part ofthe expenditure |
to which it | ||||
| relates. | ||||||
| Expenditure | on | These comprise the costs associated with attracting | voluntary | income, fundraising | ||
| raising funds | trading costs and investment management costs. |
|||||
| Expenditure | on | These comprise the costs incurred by the Charity in the delivery ofits activities and |
||||
| charitable | activities | services in the furtherance of its objects, including |
the making | ofgrants and | ||
| governance costs. |
||||||
| Grants payable | All grant expenditure is accounted for on an actual |
paid basis | plus an | accrual for | ||
| grants that have been approved by the trustees at |
the end of | the year but not yet | ||||
| paid. | ||||||
| Governance | costs | These include those costs associated with meeting |
the constitutional | and statutory | ||
| requirements ofthe Charity, including any audit/independent |
examination fees, |
|||||
| costs linked to the strategic management ofthe Charity, together with a share of |
||||||
| other administration costs. |
||||||
| Other expenditure | These are support costs not allocated to a particular activity. |
| 3 |
Statement | o | fFinancial | A | ctivities - prior ye | ar | |||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||||
| funds | funds | Total funds | |||||||
| 2021 | 2021 | 2021 | |||||||
| E | E | ||||||||
| Income and endowments | from: | ||||||||
| Donations | and legacies | 175,179 | 30,000 | 205,179 | |||||
| Other trading | activities | 6,796 | 6,796 | ||||||
| Total | 181,975 | 30,000 | 211,975 | ||||||
| Expenditure on: |
|||||||||
| Raising funds | 29,975 | 29,975 | |||||||
| Other | 101,176 | 101,176 | |||||||
| Total | 131,151 | 131,151 | |||||||
| Net | income | 50,824 | 30,000 | 80,824 | |||||
| Net | income before other | 50,824 | 30,000 | 80,824 | |||||
| gains/(losses) | |||||||||
| Other gains and | losses: | ||||||||
| Net | movement | in funds | 50,824 | 30,000 | 80,824 | ||||
| Reconciliation | offunds: | ||||||||
| Total funds brought forward | 21,455 | 5,000 | 26,455 | ||||||
| Total funds carried forward | 72,279 | 35,000 | 107,279 | ||||||
| 4 | Income from donations | and legacies | |||||||
| Unrestricted | Restricted | Total | Total | ||||||
| 2022 | 2021 | ||||||||
| E | E | E | |||||||
| Donations | and legacies | 30,000 | 30,000 | 30,000 | |||||
| Donations | and legacies | 78,450 | 78,450 | 175,179 | |||||
| 78,450 | 30,000 | 108,450 | 205,179 |
| 5 | income from other trading activities | income from other trading activities | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | ||||
| 2022 | 2021 | |||||
| Other trading activities |
61,829 | 61,829 | 6,796 | |||
| 61,829 | 61,829 | 6,796 | ||||
| 6 | Expenditure on raising |
funds | ||||
| Unrestricted | Restricted | Total | Total | |||
| 2022 | 2021 | |||||
| Fundraising trading costs |
||||||
| Other trading activities |
39,907 | 4,305 | 44,212 | 29,975 | ||
| 39,907 | 4,305 | 44,212 | 29,975 | |||
| 7 | Other expenditure | |||||
| Unrestricted | Restricted | Total | Total | |||
| 2022 | 2021 | |||||
| Other interest payable | 47 | |||||
| Artists costs | 97,308 | 26,456 | 123,764 | 74,639 | ||
| Motor and travel costs | 4,731 | 549 | 5,280 | |||
| Premises costs | 4,103 | 4,103 | 3,815 | |||
| General administrative | costs | 4,726 | 1,190 | 5,916 | 9,435 | |
| Legal and professional | costs | 6,550 117465 |
20105 | 6,550 145660 |
13,287 101176 |
|
| 8 | Staff costs | |||||
| 2022 | 2021 | |||||
| Salaries and wages | 75,893 | 53,878 | ||||
| Social secudty costs | 91 | |||||
| Pension costs | 1,564 | 1,112 | ||||
| 77,548 | 54,990 | |||||
| No employee received |
emoluments | in excess off60,000. | ||||
| 9 | Debtors | |||||
| 2022 | 2021 | |||||
| f | f | |||||
| Trade debtors | 15,229 | |||||
| Other debtors | 130 | |||||
| 15,229 | 130 |
| 10 | Creditors: | Creditors: | Creditors: | ||||
|---|---|---|---|---|---|---|---|
| amounts falling due within one year |
|||||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Other taxes | and social security | 3,105 | 177 | ||||
| Other creditors | 1,351 | 826 | |||||
| Accruals | 1,801 | 1,799 | |||||
| 6,257 | 2,802 | ||||||
| 11 | Movement | in funds | |||||
| Incoming | |||||||
| resources | |||||||
| (including | Resources | At 30June | |||||
| other | expended | 2022 | |||||
| At 1July | gains/losses | ||||||
| 2021 | )f | ||||||
| Restdcted | funds: | ||||||
| Restricted | income funds: | ||||||
| Restricted | fund | 2,500 | 30,000 | (32,500) | |||
| Total | 2,500 | 30,000 | (32,500) | ||||
| Unrestricted | funds: | ||||||
| General funds | 104,779 | 140,279 | (157,372) | 87,685 | |||
| Total funds | 107,279 | 170,279 | (189,872) | 87,685 |
| Purposes and restrictions in relation tothe fund Restricted funds: Restricted fund Analysis ofnet assets between funds |
s: | ||
|---|---|---|---|
| Unrestricted | |||
| Total | |||
| funds | |||
| f | f | ||
| Net current assets | 87,685 | 87,685 | |
| 87,685 | 87,685 | ||
| Reconciliation ofnet debt | |||
| At 1July | At 30June | ||
| 2021 | Cash flows | 2022 | |
| f | f | f | |
| Cash and cash equivalents | 109,951 | (31,238) | 78,713 |
| 109,951 | (31,238) | 78,713 | |
| Netdebt | 109,951 | (31,238) | 78,713 |
| Annual co |
mmitments under non-cancellable |
operating leases are |
as follows: | ||
|---|---|---|---|---|---|
| 2022 | 2022 | 2021 | 2021 | ||
| Land and | Other | Land and | Other | ||
| buildings | buildings | ||||
| 6 | |||||
| Operating | leases with expiry date: | ||||
| Pension commitments | |||||
| 2022 | 2021 | ||||
| 6 | 6 | ||||
| The pension cost charge tothe company amounted to: |
1,564 | 1,112 |