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2022-12-31-accounts

Trustees'
Report
Page 3
Independent
Examiner's
Report Page 6
Statement of Financial Activity Page 7
Balance Sheet Page 8
Notes to the Unaudited Financial Statements Page 9

Charity Name: Newbiggin Arts Centre
Charity Number: 1163002
Principle Address: 748 Front Street
NEWBIGGIN-BY-THE-SEA
Northumberland
NE64 6QD

Unrestricted Restricted Total Funds 2021Total
Funds Funds Funds
E E E E
INCOME AND ENDOWMENTS FROM:
Grants 667 22,480 23,147 39,843
Workshops Ik Sales 23,395 23,395 10,600
Total 24,062 22,480 46,542 50,443
EXPENDITURE ON:
Charitable activities 31,088 22,480 53,568 36,953
Other 250 250 200
Total 31,338 22,480 53,818 37,153
NET INCOME / (EXPEND ITU RE) (7,276) (7,276) 13,290
RECONCILIATION OF FUNDS
Cash Funds C/F 19,300 19,300
Cash Funds Y/E 12,024 12,024

Unrestricted Restricted Total Funds 2021Total
Funds Funds Funds
E E
CURRENT ASSETS
Cash at Bank / in Hand 12,024 8,786 20,810 20,876
Stock 3,577 3,577 2,908
Total 15,601 8,786 24,387 23,784
CREDITORS
Amounts
falling due in one year
1,167 8,786 9,953 1,576
NET CURRENT ASSETS 14,434 14,434 22,208

2022 2022 2021 2021
Unrestricted Restricted Unrestricted Restricted
Funds Funds Funds Funds
Workshop Fees/Sales Materials 23,395 10,600
Covid Grants 667 12,336
Other Grants 22,480 27,507
Total 24,062 22,480 22,936 27,507

2022 2022 2021 2021
Unrestricted Restricted Unrestricted Restricted
Funds Funds Funds Funds
Art Material/Projects
cost
Refurbishment/equipment and new
fittings re new premises 11,247 6,822 24,537
Art Material
and Workshop
cost 12,189 6,600 2,400
Administration Cost 2,067 979 1,470
Premises Cost 6,302 9,058 6,067 1,500
31,088 22,480 9,446 27,507
OTHER
Independent
Examiner's
Fee 250 200
Total Resources Expended 31,338 22,480 9,646 27,507

2022 2021
E E
Designated Funds 9,953 1,576
Unrestricted Funds 9,874 19,244
Cash in Hand 983 56
Total 20,810 20,876

Funds 8/F Incoming Expended Funds C/F
01/01/2022 Resources Resources 31/12/2022
Unrestricted 19,300 24,062 31,338 12,024
Restricted 1,576 29,690 22,480 8,786
SUIVIMARY 2022 2021
f E
Deferred Income 1,576
Unrestricted
Income
24,062 22,936
Restricted Income 29,690 29,083
55,328 52,019
Less deferred
income
8,786 1,576
Adjusted
Income as per SOFA
46,542 50,443

Incoming Expended Deferred
Resources Resources Income
E E E
1989Willan Charitable Trust 2,290 2,290
1989Willan Charitable Trust (Phase 2) 5,165 5,165 705
Operation
Payback
5,000 5,000
NCC Community
Chest
1,600 1,600
NCC Community
Chest
- Jubilee 485 485
Community
Hub Investment
10,000 10,000 6,694
Newbiggin
Town Council (Large Grant)
1,700 1,700
The Mercy Project 450 450
The Ballinger Charitable Trust 1,000 1,000 899
Local Giving —Magic Little Grant 500 500
NCC Microgrant 500 500
Rothley Trust 1000 1000 488
NCC Micro Grant~ 463 463
SirJames Knott Trust' 72 72
The Joicey Trust' 41 41
The Mercy Project' 1000 1000