2021-03-31-accounts

Charity/Gallery Report January 2022

• ‘(IN)SIGHT’: (A)VOID Art Collective Open Art Exhibition. Supported A Tate Liverpool initiative ‘Home from Home’ mentoring scheme with organized visits to the Bridewell which then led to a collaboration with A(VOID) Art Collective. July 2021

• “ ’ Memories Recollected in Tranquility : Studio Arts Liverpool Student Exhibition from the Spring classes. July 2021

• RedCityDisco: Support, networking opportunity and fund raising evening for asylum seekers. Free entry for those on limited income, evening included art installations, music and films. Also fundraised for ACORN – a local charity supporting homeless and underrepresented private tenants. September and November 2021

• Drawing Workshops: Two weekends of sketching and printing workshops run by local artists Antony O’Connell and Paul Gatenby from LIAS (Liverpool Independent Art School). Supporting mental health through art with the ongoing pandemic. Being able to use the large room (Studio 13) enabled the artists to offer safe, social distanced learning to the public. July and August 2021.

• 2 Heritage Weekends – cancelled due to the guide getting COVID and needing to self-isolate. All people who had booked were offered alternative tours once guide was well again and these have been taken up throughout the rest of the year. September 2021

• ‘ Painting Doesn’t Count’ : Painting Exhibition by James Quin, Andrew Bracey, M.B.O’Toole. October 2021

• “Eye of the Beholder’ : First time exhibitor Izobella Travis was fully supported with the curation and execution of her first solo show. November 2021

• ’On the Edge’: Studio Arts Liverpool Student Exhibition from the Autumn classes. December 2021

• ‘Light Sensitive Area Ahead’: Bridewell member Gareth Kemp’s month long exhibition showing new work. January 2022

• Bridewell was able to support member Brendan Lyons who, as part of CIC Refractive Pool, created a series of photographic portraits forming part of a book which documents and celebrates contemporary painting in Liverpool with a newly commissioned poem by locally born poet Paul Farley. January – May 2021

• 4 Volunteers at various points in the year were able to increase their working awareness of curating a show from the practicalities of what it takes to put a show up to making decisions about which Art pieces should be included. Relevant Social Media information and working practice attached to an exhibition or workshop also included.

• Supporting 3 local musicians who wished to expand their creative practice into Art and Design by renting out a temporary space to them. Feedback so far has been positive as the opportunity to work in a inspiring old building with other artists to consult has proved enlightening.

• BedandBreakfast: Supported local, newly emerging singer songwriters with a safe, socially distanced environment to perform in. Many places since the pandemic have closed down permanently due to resulting financial instability and so there has been a severe reduction in venues able to offer small events for less well-known local musicians. August and October 2021

• Odd Socks Pantomime: Provided rehearsal space for Odd Socks Ltd who are a mobile drama company going into schools each year to perform inclusive and culturally relevant updated versions of old fairytales.

• Studio Arts Liverpool classes – the gallery has been able to support members Frank Linnett and Mary Freeney to run safe and socially distanced classes by using Studio 13. This supported the mental health of their students throughout 2021. A sliding scale is employed for fees and classes usually run throughout the year. July-December 2021.

• Pot Factory – Ceramic classes with the first session free for participants. Run by Bridewell member Richard Robinson – September 2021 – January 2022

• Through the restrictions in 2021 the Bridewell (Studio 13 in particular) offered facilities suited to the Health and Safety requirements regarding COVID 19 (a social distanced, safe environment) and was able to continue to provide on-going support during the year for it’s members in order to keep their creative practice viable.

Registered number 01558342 Charity number 1163370 Art Space Merseyside Report and Accounts 31 March 2021

Art Space Merneyslde Registerod number. Charlty number: Trusteos. Report 01558342 1163370 The trustees pres8nt theif report arKI ￿)Unts for the year ended 31 March 2021. ObJ•ctlvo8 Thé objectNes of tho charty are to hosl art exhibrtions and offer art and craft courses to the public. To Increase publi¢ appreciation of the visual arts and a580ciated crafts ￿ Livèrpcd City region from Jt base at Bridewell Sbjdios. A¢hlevomonts Activil The Drthng Show at the Bndewell.. An exhibition exF4)Mg 15 different artists approaches to drawing . Fèbruary 2020 Red City.. Support. nets￿rkIng opportuntty and ￿nd Talslng evening for asylum Seekers Free enty for those on Ilmrted income, evening included art instslkts'ons, music and films. February 2020 JOVIAL Keeps it Cryptk.. Art Installations from wjung local aFlists, music and dance for mentsl health. February 2020 RE-FORM . 2nd Year exhibitron by Wirrdl Met Fine Art students. March 2020 SLATE.. Two emerging Artlsts Max Gottlieb and Henry W00￿y- residency and first Oxffiibltlon based on their experience of the initial lockdon. Juty 2020 Urftsan Etching. A weekend of Sketching and etching workshops run by local arhsts LIAS ILwerpwl Independent Art School). Supports'ng mentsl health through are after fifst lockdown and on-going Pandemic. Being able to use the large rcom (Studio 13) enabled the artsgts to offer safe, social di8tanced learning to the publ￿. September 2020 2 Herttsge Weekends- free events open to the public and gu￿ tour of the building. 14 visitors over the 2 weekends - all very enthuswtic to b6 doing something in the real world rather that a d￿lts1 tour. September 2020 Artists Colette Whittington and Chiz Tumross- month k)ng r8sldency in small galbry producing ideath¥ork for local communrty workshops around the Ntyth WesL Fewarch 2020 Work Expedence placement for Bellerive Year 12 student Elli Sibbald. G8in8d eX￿OnCe in setting up and exhibition IRE-FORMI, tslked lo sever81 member about their work practice. attend a Studio Arts LiVerF￿1 ses$ion and shadowed and supported the Administrator for the week. Feedback from the student was faVoural￿e and there will be an Opp￿lUnity to do more work placements in the future. Studio Arts Liverpool Classes- the galtery was able to supp)rt members Frank Linnett and Mary Freeney to run safe and Socbal distanced ¢lasses by using stud￿ 13. This supported the mentsl health of their students during the pandemic arKI outsKle of the thkd01￿$. A slrtding scale is employed for and classes usualty run throughout the year, JutylAugusUSepiember 2020 Pot Factory- Ceramic ¢lasses wrth the fKst session free for path'pants. Run by Bridewell member Richard Robinson - September 2020 Through the offer of available knlits su1￿￿ to the Health and Safety r8qUffements regarding COVID 19 (a social distanced, safe environmeni} the BrKlewell was able to provide on-going support during the year for ifs members to keep their creatwe practice viab￿.

Art Space Mer8eyside Registsrod number: Charity number: Trustw, Report 01658342 1163370 The folkwAng of all the activities that￿￿ cancelled bec£use ol Ihe lockdowns.. 3 x Red City NwJhts- furKI raBinWsoco1 inclusion art events for asylum saekers and their familles. 3 x LIAS (Liverpool Independent Art Schwl) Silversmith workshops 2 x Ambient musicJart installation events Simon Heron LP Lqunch evening Bravo 22 Orive Project Weekend- the Art ol Reu)very LJMU Final Year Show and possible 2 rnonth resKlency 1 Month bcoking In Sbjdio 13 &8 ￿OrkshoP and art event 3 Month tX)king in tho small cell att&h8d to the galkryry as an arti8t residency afbd sh¢)w within the cell at the end of it Rl8k8 and Rmorv Thè chanty requir88 minimal funding to Opgrate, as mckst of the events are provmled by volunteers. Rents 8fFd service ¢h8rges are le¥￿1 so a8 to enable the la￿ of the buildiNJ, the Bfldth¥ell Studi08, to be adequatsly maintained. Tru•tM• The folbNing persons 8eNed a8 directors during tho year. Damian John Cruikshank Richard Anthony Robinson Kenneth Frederick Hughes Small company provl•lon$ This report has been prepared in accordan￿ rylh the pro¥l8Kns in Part 15 of the Compani88 Act 2008 applicab￿ to companies subject to the small cornp8ni8s regime. K F Hughès Trustee

Art Space Merseyside Indep8ndont Examinorfs, report to the trustees on the unaudlted accounts of Art Space Merseyside I report ￿ the a¢counts ofthe charitabb company for the year ended 31 March 2021 on pages 3to5. Re8ponslbllltlos and basls of roport As the charity trustees of the company {and also ts directh for the purFM)ses of company IWN) you are responsible for the preparats'on of the accounts in accx)rdance wth the requirements of the Companies Act 2006 (the 2006 Acyl. Having salisfkqd myself that the accounts of the company are not required to be avdited under Part 16 of the 20C6 Act and are elHJible for indeFendent examination. I report in respect of my examinatson of your companls accounts as camed out under ￿￿On 145 of the Chadts'es Ad 20111.the 2011 Act'l. In Car￿n9 out my exaMinat￿n I have fOlky￿d the Directions given by th8 Charity Commission under seGtson 145{5)Ib) of the 2011 kL Independent 8X8min•￿8 Statement I have completed my 8xaminatron. I confirm that no mattern have corre to my attenb'on in nnection wth the examinatK)n gNing rne cause to believe that in any matarlal respect.. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act.. or the a¢count8 do not accord with those records; or the accounts do not comply wth the accounting requirements of section 396 of the 2006 Acl othef than any requirement that the accounts give a 'true and fair view, which is not a matter consid8red as part of an indépendent examination., or the accounts have not been prepared in accordance with the methods and prin¢ipl88 of the Statement of Recommended Practice for accounting and reporting by charities [applicabte to chariknes preparing their accounts in a¢cofdan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no ¢oncems and have come a¢ross no other matters in connection wth the examinion lo which attention should be drawn in thbs rowt in order to enable a proper understanding of the a¢¢ounls to be reached. 19 November 2021 Gary Wctsd, FCCA Business Accounting Services Chartered Certified Accounlants 111 Mount Pleasant Liverpool L3 5TF

Art Space Mors•y$ide Roport to th¢ dlrectorn on th• w•por4llon of the unaudlt•d 8t•tutory accounts of Art Sp Mersey8ld8 for tho y•ar Onded 31 March 2021 In order to assist you to fuffil ycwr dutEs under the C(Mnpanies Art 2008. V•* have prepared for your approval the accounts of Art Space MerseysKle for the year ended 31 March 2021 comprise of the Profft and Loss Account, the Bak3nc6 SheeL the Statement of Changes in Equity and the related notes from the company's accounting records and from informal￿n and explanations you have given us. As a practlslng member fim of thè AsscKiab'on of Chartertd Cerbfied Acctyjntants, we are sublect to its ethical and other professional requirements which are dela1￿1 at http'.Ilrulebc4Jk.accaglobal.coml Our work ha5 been undertaken in accordance ￿th the requirements of the As80clatlon of Chartered Certified Attountants as detailed at h￿j￿￿￿.￿knbal.coMlt3ctsheet163. Business Accounting SaThices Chartered Certified Accountants 111 Mount Pleasant Liverpool L3 5TF 19 November 2021

Art Spaco Mersey$lde statement of Flnancial Acthilttes and Income and Expondlture Account for the year endod 31 March 2021 2021 Tal*1 2020 Total Fund• Fund• Incom• Charitable activrties Covid-19 Support 33.145 44,143 33,145 44,143 45,002 77.288 Expondlturn Expenditure on charltable aCtivit￿S 35.089 51.865 Net Incom& 42,199 42,199 (6,863} Total funds brought forward 16,047 16.047 22.910 Totsl fund$ carried forward 58.246 16.047 The notes form part of the88 finand81 statemonts.

Art Space Morseysid Registered numbor: Charity numbor: 01558342 1163370 2865S as at 31 Ma￿h 2021 2021 2020 Fix•d i•••t• Tangible assets 8,182 8.592 Current assots Cash al bank and in hand 50,905 10,974 cr￿ttorn: amounts falllng du• withln on• year 1841) (3,5191 N•t curr•nt a•8•t• 50,064 7,455 N•t a••ots 16.047 Fund• of th• charlty Unre8tri¢18d funds 58,246 16,047 Total fund• 58,246 16,047 The directors are sallsfied th8t the company Is enlit18d to exemption from the requirement to obtAln an audit under $e¢lion 477 of the Companle8 Act 2006. The members have not requlred the company to obtain an audit in accordance wth 8ectlon 476 of the Act. The directors aoknowledg8 their responsibilities for complylng with the rèquirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts, The a¢counts hav8 been prepared and dellvered in accordance with the special provlsion8 applicable to Compan￿ subject to the $m811 compani88 regime. The profit and108s account has not been delivefed to the Registrar of Companies. K F Hughes Director Approved by thè board on 19 November 2021

Art Space Morseyslde Notes to the Accounts for the y￿r endod 31 March 2021 1 Summary of $lgntrtcant accountlng poll¢le8 Bas1$ of preparntioft (a) G•neral Infonnauon andba￿S of prnparndon Anspace Merseyside is a public benefit entity in England I W81os. In ihe évent Of1￿ charfty being wound up, the liability in respect of the guarantee is limited to £1 per memb8r of the charity. Thg nature of the charity's opgrations and principal actsvities is hosting art exhibitions end offedng art1￿8ft ￿u￿6$ io the public. The charity constitutes a public bengfft antity as defined by FRS 102. The flTrando1 st8temenls have been prepargd in a￿ordanCe with Accounting and R8portlng by Ch8rS118s', Sla19ment of Recomm8nded Praetlce applicabl8 to ¢harltles preparing their accounts In 8eeordance with th• Flnancial Reporting Standard applicable in thè UK and Republic of Ireland IFRS 1021 Sssued on 16 July 2014 {8s updatsd through Update Bulletin 1 published on 2 February 2016}, the Flnanclal Roportlng Standard aP￿Icable In th8 United Kingdom and R9publie ol Ireland IFAS 1021, the Charllgs A¢t 2011. the Compan196 Act 2006 8ThJ UK G9nér81ty Accepted Pr8etlce as It applle$ from 1 January 2015. Tho f nanGi818ts1em8nts aro prepared on a going con￿rn b8818 under the hislorfca1 ¢081 convention, modifiod to include certain iloms al falr value. The financial stalemgnt8 are pr88enlod In yt¢rfing whlch is the fundonal ¢urrèncy of the ¢harty and rounded to the nearest £0. The slgnlficant accountlng pollcles applied In th8 prep8ratlon of thwde finan¢4018talements are 88t out below. These poli¢i6s have been con8Sstonlly applied to all years presented unl¢$8 Othe￿38 8t8tad. Th8 charfty h88 taken advgntsge of the provslon$ of FRS 10211A} and not prepared 8 $tstemenl of cash flows, (b) Incom• r•¢o9nhlon All in¢omlng resources are Included Ir* the Slalem¢nt of Flnandal ActivI￿e8 ISOFAI whon the ch8rity 18 lfjgally entftled lo the in¢ome after 8ny performance condllSons havè been met, the amounl can be m8asuTèd re1I8bly and il 1$ probable that the in¢om8 will bg recoivod. R6venue In re8P8Gt of $ludlo r8nl8 and trading18 creLliled to income when r•¢•lved. IG) EX￿ndIt￿re rgcognltlon All expnditure is accounted for on an a¢¢rua18 b8818 an¢J has been da8sifled under headings that 8ggregalo all co$18 related lo the category. Expenditure is recognis¢d where there i¥ A legal or con81ructive obligation lo make paymgnls lo third parties, it is probable that the settlement will be required and the amount of the obllgation can be measured reliably. 11 is calegorised under the foll￿ng headlng8'. Expendrture on eharilable actlvitie$ .' and . Other expendlture represents Ih08e items not falllng Into th8 ¢atsgories above. Irrecoverablo VAT 18 chanqed as an exponse aqalnst the artlvlty for vthiGh expenditure arose.

Art Space Merseyside Notes to the Accounts for the year ended 31 March 2021 Tangible Ilxedass•ts Tangiblo fixed assets arn nwsured at CO8t le86 acxumuLqlfi¥e derKedab'on arwj any acAwmulative impaiiment l¢isses. Dep￿ation 18 PmVKled on all tangible fixed assets, other than freehold land. al rates calculated to writs off the co8L estimated redu81 volue. of eath a88et eventy over Its 6xpect8d useful lrfe, as fdl(yws". Freehold b￿ldIng¥ Short lemi crethlors are measured al tran¥8ction price (which is usually thè invryce price). Loons and other flnancial liabilities are Inltidly reccgnised at transadion price net of any transath'on costs and 8ubsequenlly measured at amorflsad ¢081 determined u81ng thé offethve intemst method. 2 Analy•l¥ of Income (all unr•Itrlc￿) 2021 2020 other tradlng Income Rental incom Auctions 8nd events Covid-19 8UPPOrt 32.210 935 44.143 77.288 43.457 1.545 3 Anal￿1 of •xp•ndlturn (all unmtrl¢t•dl 2021 2020 ChaTrtable acti￿1[ Propety exp¢n898 Depreclauon Support ¢o$ts Adminstratlon expanses Independènt gxaminer8 leeg 28,771 410 42,395 410 6,959 8,115 35,089 51.865 4 Tanglblo fixed a••gts Land and bulldlngs Co*1 Al 1 Awl 2020 Al 31 March 2021 20,478 20,478 Dopreclatlon At 1 April 2020 Charge forthe year At 31 March 2021 11,884 410 12,294 Net book value At 31 March 2021 8,182 At 31 March 2020 8,592

Art Space Merseyside Notes to the Accounts for Ihe y•ar ended 31 March 2021 S Credltorn: amounts falllng due Tlthln on• yoar 2021 2020 Trade crgdilors 3.519 6 Othor Infomwtlon Art Sp8¢e Mer8ey81de 1$ a private ccffipany limited ty guarrt69 and In0)rpN￿ In England. Its istered office 1$.. B￿dewelL Studi08 And Gallery 101 PTe¥cot Street LivgrFod L7 8UL

Art Space Merseyslde Detailed profit and loss account for the year ended 31 March 2021 This schedule dogs not fom part of the slathrt￿ acc(wnts 20 2020 Sal•8 77.289 45.002 C08t of 8ak8s {7.0241 17,2401 Gross profft 70.265 Administrats'v8 expenses {28,(￿) {44.625) Oporatlng proflVIIo•8) 16,8631 ProflU(loul b•forn tsx 10

Art Space Merseysld• Detailed proflt and loss account for the year ended 31 March 2021 This schedule does not foml part of the statulryy 80X￿nts 2021 2020 In¢om• Gallery aucttons and events Rents receNable G￿nts and other ino)me 936 32,210 44.143 77,289 1,545 43,457 Cost of •al Other direct costs 7.024 Admlnl8trntlv• •xp•n•o• Premises costs.. Rates Light and heat Malntenance In8urance 1,848 6.604 3,388 14,033 25.873 6.129 5,891 17,304 12.478 41,800 General administrative expen8es". Telephone and fax Depreciation Sundry expenses 818 410 16 1,244 1,430 410 40 Legal and profes8Kinal costs.. Accountancy fe&5 28,066 11

Registered number 01558342 Charity number 1163370 Art Space Merseyside Report and Accounts 31 March 2021

Art Space Merneyslde Registerod number. Charlty number: Trusteos. Report 01558342 1163370 The trustees pres8nt theif report arKI ￿)Unts for the year ended 31 March 2021. ObJ•ctlvo8 Thé objectNes of tho charty are to hosl art exhibrtions and offer art and craft courses to the public. To Increase publi¢ appreciation of the visual arts and a580ciated crafts ￿ Livèrpcd City region from Jt base at Bridewell Sbjdios. A¢hlevomonts Activil The Drthng Show at the Bndewell.. An exhibition exF4)Mg 15 different artists approaches to drawing . Fèbruary 2020 Red City.. Support. nets￿rkIng opportuntty and ￿nd Talslng evening for asylum Seekers Free enty for those on Ilmrted income, evening included art instslkts'ons, music and films. February 2020 JOVIAL Keeps it Cryptk.. Art Installations from wjung local aFlists, music and dance for mentsl health. February 2020 RE-FORM . 2nd Year exhibitron by Wirrdl Met Fine Art students. March 2020 SLATE.. Two emerging Artlsts Max Gottlieb and Henry W00￿y- residency and first Oxffiibltlon based on their experience of the initial lockdon. Juty 2020 Urftsan Etching. A weekend of Sketching and etching workshops run by local arhsts LIAS ILwerpwl Independent Art School). Supports'ng mentsl health through are after fifst lockdown and on-going Pandemic. Being able to use the large rcom (Studio 13) enabled the artsgts to offer safe, social di8tanced learning to the publ￿. September 2020 2 Herttsge Weekends- free events open to the public and gu￿ tour of the building. 14 visitors over the 2 weekends - all very enthuswtic to b6 doing something in the real world rather that a d￿lts1 tour. September 2020 Artists Colette Whittington and Chiz Tumross- month k)ng r8sldency in small galbry producing ideath¥ork for local communrty workshops around the Ntyth WesL Fewarch 2020 Work Expedence placement for Bellerive Year 12 student Elli Sibbald. G8in8d eX￿OnCe in setting up and exhibition IRE-FORMI, tslked lo sever81 member about their work practice. attend a Studio Arts LiVerF￿1 ses$ion and shadowed and supported the Administrator for the week. Feedback from the student was faVoural￿e and there will be an Opp￿lUnity to do more work placements in the future. Studio Arts Liverpool Classes- the galtery was able to supp)rt members Frank Linnett and Mary Freeney to run safe and Socbal distanced ¢lasses by using stud￿ 13. This supported the mentsl health of their students during the pandemic arKI outsKle of the thkd01￿$. A slrtding scale is employed for and classes usualty run throughout the year, JutylAugusUSepiember 2020 Pot Factory- Ceramic ¢lasses wrth the fKst session free for path'pants. Run by Bridewell member Richard Robinson - September 2020 Through the offer of available knlits su1￿￿ to the Health and Safety r8qUffements regarding COVID 19 (a social distanced, safe environmeni} the BrKlewell was able to provide on-going support during the year for ifs members to keep their creatwe practice viab￿.

Art Space Mer8eyside Registsrod number: Charity number: Trustw, Report 01658342 1163370 The folkwAng of all the activities that￿￿ cancelled bec£use ol Ihe lockdowns.. 3 x Red City NwJhts- furKI raBinWsoco1 inclusion art events for asylum saekers and their familles. 3 x LIAS (Liverpool Independent Art Schwl) Silversmith workshops 2 x Ambient musicJart installation events Simon Heron LP Lqunch evening Bravo 22 Orive Project Weekend- the Art ol Reu)very LJMU Final Year Show and possible 2 rnonth resKlency 1 Month bcoking In Sbjdio 13 &8 ￿OrkshoP and art event 3 Month tX)king in tho small cell att&h8d to the galkryry as an arti8t residency afbd sh¢)w within the cell at the end of it Rl8k8 and Rmorv Thè chanty requir88 minimal funding to Opgrate, as mckst of the events are provmled by volunteers. Rents 8fFd service ¢h8rges are le¥￿1 so a8 to enable the la￿ of the buildiNJ, the Bfldth¥ell Studi08, to be adequatsly maintained. Tru•tM• The folbNing persons 8eNed a8 directors during tho year. Damian John Cruikshank Richard Anthony Robinson Kenneth Frederick Hughes Small company provl•lon$ This report has been prepared in accordan￿ rylh the pro¥l8Kns in Part 15 of the Compani88 Act 2008 applicab￿ to companies subject to the small cornp8ni8s regime. K F Hughès Trustee

Art Space Merseyside Indep8ndont Examinorfs, report to the trustees on the unaudlted accounts of Art Space Merseyside I report ￿ the a¢counts ofthe charitabb company for the year ended 31 March 2021 on pages 3to5. Re8ponslbllltlos and basls of roport As the charity trustees of the company {and also ts directh for the purFM)ses of company IWN) you are responsible for the preparats'on of the accounts in accx)rdance wth the requirements of the Companies Act 2006 (the 2006 Acyl. Having salisfkqd myself that the accounts of the company are not required to be avdited under Part 16 of the 20C6 Act and are elHJible for indeFendent examination. I report in respect of my examinatson of your companls accounts as camed out under ￿￿On 145 of the Chadts'es Ad 20111.the 2011 Act'l. In Car￿n9 out my exaMinat￿n I have fOlky￿d the Directions given by th8 Charity Commission under seGtson 145{5)Ib) of the 2011 kL Independent 8X8min•￿8 Statement I have completed my 8xaminatron. I confirm that no mattern have corre to my attenb'on in nnection wth the examinatK)n gNing rne cause to believe that in any matarlal respect.. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act.. or the a¢count8 do not accord with those records; or the accounts do not comply wth the accounting requirements of section 396 of the 2006 Acl othef than any requirement that the accounts give a 'true and fair view, which is not a matter consid8red as part of an indépendent examination., or the accounts have not been prepared in accordance with the methods and prin¢ipl88 of the Statement of Recommended Practice for accounting and reporting by charities [applicabte to chariknes preparing their accounts in a¢cofdan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no ¢oncems and have come a¢ross no other matters in connection wth the examinion lo which attention should be drawn in thbs rowt in order to enable a proper understanding of the a¢¢ounls to be reached. 19 November 2021 Gary Wctsd, FCCA Business Accounting Services Chartered Certified Accounlants 111 Mount Pleasant Liverpool L3 5TF

Art Space Mors•y$ide Roport to th¢ dlrectorn on th• w•por4llon of the unaudlt•d 8t•tutory accounts of Art Sp Mersey8ld8 for tho y•ar Onded 31 March 2021 In order to assist you to fuffil ycwr dutEs under the C(Mnpanies Art 2008. V•* have prepared for your approval the accounts of Art Space MerseysKle for the year ended 31 March 2021 comprise of the Profft and Loss Account, the Bak3nc6 SheeL the Statement of Changes in Equity and the related notes from the company's accounting records and from informal￿n and explanations you have given us. As a practlslng member fim of thè AsscKiab'on of Chartertd Cerbfied Acctyjntants, we are sublect to its ethical and other professional requirements which are dela1￿1 at http'.Ilrulebc4Jk.accaglobal.coml Our work ha5 been undertaken in accordance ￿th the requirements of the As80clatlon of Chartered Certified Attountants as detailed at h￿j￿￿￿.￿knbal.coMlt3ctsheet163. Business Accounting SaThices Chartered Certified Accountants 111 Mount Pleasant Liverpool L3 5TF 19 November 2021

Art Spaco Mersey$lde statement of Flnancial Acthilttes and Income and Expondlture Account for the year endod 31 March 2021 2021 Tal*1 2020 Total Fund• Fund• Incom• Charitable activrties Covid-19 Support 33.145 44,143 33,145 44,143 45,002 77.288 Expondlturn Expenditure on charltable aCtivit￿S 35.089 51.865 Net Incom& 42,199 42,199 (6,863} Total funds brought forward 16,047 16.047 22.910 Totsl fund$ carried forward 58.246 16.047 The notes form part of the88 finand81 statemonts.

Art Space Morseysid Registered numbor: Charity numbor: 01558342 1163370 2865S as at 31 Ma￿h 2021 2021 2020 Fix•d i•••t• Tangible assets 8,182 8.592 Current assots Cash al bank and in hand 50,905 10,974 cr￿ttorn: amounts falllng du• withln on• year 1841) (3,5191 N•t curr•nt a•8•t• 50,064 7,455 N•t a••ots 16.047 Fund• of th• charlty Unre8tri¢18d funds 58,246 16,047 Total fund• 58,246 16,047 The directors are sallsfied th8t the company Is enlit18d to exemption from the requirement to obtAln an audit under $e¢lion 477 of the Companle8 Act 2006. The members have not requlred the company to obtain an audit in accordance wth 8ectlon 476 of the Act. The directors aoknowledg8 their responsibilities for complylng with the rèquirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts, The a¢counts hav8 been prepared and dellvered in accordance with the special provlsion8 applicable to Compan￿ subject to the $m811 compani88 regime. The profit and108s account has not been delivefed to the Registrar of Companies. K F Hughes Director Approved by thè board on 19 November 2021

Art Space Morseyslde Notes to the Accounts for the y￿r endod 31 March 2021 1 Summary of $lgntrtcant accountlng poll¢le8 Bas1$ of preparntioft (a) G•neral Infonnauon andba￿S of prnparndon Anspace Merseyside is a public benefit entity in England I W81os. In ihe évent Of1￿ charfty being wound up, the liability in respect of the guarantee is limited to £1 per memb8r of the charity. Thg nature of the charity's opgrations and principal actsvities is hosting art exhibitions end offedng art1￿8ft ￿u￿6$ io the public. The charity constitutes a public bengfft antity as defined by FRS 102. The flTrando1 st8temenls have been prepargd in a￿ordanCe with Accounting and R8portlng by Ch8rS118s', Sla19ment of Recomm8nded Praetlce applicabl8 to ¢harltles preparing their accounts In 8eeordance with th• Flnancial Reporting Standard applicable in thè UK and Republic of Ireland IFRS 1021 Sssued on 16 July 2014 {8s updatsd through Update Bulletin 1 published on 2 February 2016}, the Flnanclal Roportlng Standard aP￿Icable In th8 United Kingdom and R9publie ol Ireland IFAS 1021, the Charllgs A¢t 2011. the Compan196 Act 2006 8ThJ UK G9nér81ty Accepted Pr8etlce as It applle$ from 1 January 2015. Tho f nanGi818ts1em8nts aro prepared on a going con￿rn b8818 under the hislorfca1 ¢081 convention, modifiod to include certain iloms al falr value. The financial stalemgnt8 are pr88enlod In yt¢rfing whlch is the fundonal ¢urrèncy of the ¢harty and rounded to the nearest £0. The slgnlficant accountlng pollcles applied In th8 prep8ratlon of thwde finan¢4018talements are 88t out below. These poli¢i6s have been con8Sstonlly applied to all years presented unl¢$8 Othe￿38 8t8tad. Th8 charfty h88 taken advgntsge of the provslon$ of FRS 10211A} and not prepared 8 $tstemenl of cash flows, (b) Incom• r•¢o9nhlon All in¢omlng resources are Included Ir* the Slalem¢nt of Flnandal ActivI￿e8 ISOFAI whon the ch8rity 18 lfjgally entftled lo the in¢ome after 8ny performance condllSons havè been met, the amounl can be m8asuTèd re1I8bly and il 1$ probable that the in¢om8 will bg recoivod. R6venue In re8P8Gt of $ludlo r8nl8 and trading18 creLliled to income when r•¢•lved. IG) EX￿ndIt￿re rgcognltlon All expnditure is accounted for on an a¢¢rua18 b8818 an¢J has been da8sifled under headings that 8ggregalo all co$18 related lo the category. Expenditure is recognis¢d where there i¥ A legal or con81ructive obligation lo make paymgnls lo third parties, it is probable that the settlement will be required and the amount of the obllgation can be measured reliably. 11 is calegorised under the foll￿ng headlng8'. Expendrture on eharilable actlvitie$ .' and . Other expendlture represents Ih08e items not falllng Into th8 ¢atsgories above. Irrecoverablo VAT 18 chanqed as an exponse aqalnst the artlvlty for vthiGh expenditure arose.

Art Space Merseyside Notes to the Accounts for the year ended 31 March 2021 Tangible Ilxedass•ts Tangiblo fixed assets arn nwsured at CO8t le86 acxumuLqlfi¥e derKedab'on arwj any acAwmulative impaiiment l¢isses. Dep￿ation 18 PmVKled on all tangible fixed assets, other than freehold land. al rates calculated to writs off the co8L estimated redu81 volue. of eath a88et eventy over Its 6xpect8d useful lrfe, as fdl(yws". Freehold b￿ldIng¥ Short lemi crethlors are measured al tran¥8ction price (which is usually thè invryce price). Loons and other flnancial liabilities are Inltidly reccgnised at transadion price net of any transath'on costs and 8ubsequenlly measured at amorflsad ¢081 determined u81ng thé offethve intemst method. 2 Analy•l¥ of Income (all unr•Itrlc￿) 2021 2020 other tradlng Income Rental incom Auctions 8nd events Covid-19 8UPPOrt 32.210 935 44.143 77.288 43.457 1.545 3 Anal￿1 of •xp•ndlturn (all unmtrl¢t•dl 2021 2020 ChaTrtable acti￿1[ Propety exp¢n898 Depreclauon Support ¢o$ts Adminstratlon expanses Independènt gxaminer8 leeg 28,771 410 42,395 410 6,959 8,115 35,089 51.865 4 Tanglblo fixed a••gts Land and bulldlngs Co*1 Al 1 Awl 2020 Al 31 March 2021 20,478 20,478 Dopreclatlon At 1 April 2020 Charge forthe year At 31 March 2021 11,884 410 12,294 Net book value At 31 March 2021 8,182 At 31 March 2020 8,592

Art Space Merseyside Notes to the Accounts for Ihe y•ar ended 31 March 2021 S Credltorn: amounts falllng due Tlthln on• yoar 2021 2020 Trade crgdilors 3.519 6 Othor Infomwtlon Art Sp8¢e Mer8ey81de 1$ a private ccffipany limited ty guarrt69 and In0)rpN￿ In England. Its istered office 1$.. B￿dewelL Studi08 And Gallery 101 PTe¥cot Street LivgrFod L7 8UL

Art Space Merseyslde Detailed profit and loss account for the year ended 31 March 2021 This schedule dogs not fom part of the slathrt￿ acc(wnts 20 2020 Sal•8 77.289 45.002 C08t of 8ak8s {7.0241 17,2401 Gross profft 70.265 Administrats'v8 expenses {28,(￿) {44.625) Oporatlng proflVIIo•8) 16,8631 ProflU(loul b•forn tsx 10

Art Space Merseysld• Detailed proflt and loss account for the year ended 31 March 2021 This schedule does not foml part of the statulryy 80X￿nts 2021 2020 In¢om• Gallery aucttons and events Rents receNable G￿nts and other ino)me 936 32,210 44.143 77,289 1,545 43,457 Cost of •al Other direct costs 7.024 Admlnl8trntlv• •xp•n•o• Premises costs.. Rates Light and heat Malntenance In8urance 1,848 6.604 3,388 14,033 25.873 6.129 5,891 17,304 12.478 41,800 General administrative expen8es". Telephone and fax Depreciation Sundry expenses 818 410 16 1,244 1,430 410 40 Legal and profes8Kinal costs.. Accountancy fe&5 28,066 11