||Pages||
|---|---|---|
|Trustees' Annual Report|||
|Independent Examiner's Report||6|
|Statement of Financial Activities||7|
|Summary Income and ExpenditureAccount||8|
|Balance Sheet||9|
|Notes to the Accounts|10to|16|
|Detailed Statement of Financial Activities|17 to|18|
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|fortheyear ended 25 March 2|023|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|||
|||funds|funds|Total funds|Total funds|
|||2023|2023|2023|2022|
||Notes|||||
|Income and endowments||||||
|from:||||||
|Donations and legacies|4|1,241||1,241|166|
|Other tradingactivities|5|40,408||40,408|37,133|
|Investments|6|68||68|4|
|Other|7|13,903||13,903|49,817|
|Total||55,620||55,620|87,120|
|Expenditure on:||||||
|Raising funds|8|19,360||19,360|45,677|
|Other|9|46,075||46,075|55,096|
|Total||65,435||65,435|100,773|
|Net gains on investments||||||
|Net expenditure|10|(9,815)||(9,815)|(13,653)|
|Transfers betweenfunds||||||
|Net expenditure before other
gains/(losses)||(9,815)||(9,815)|(13,653)|
|Other gains and losses||||||
|Net movement in funds||(9,815)||(9,815)|(13,653)|
|Reconciliation of funds:||||||
|Total funds brought forward||53,959|15,000|68,959|82,612|
|Totalfunds carried forward||44,144|15,000|59,144|68,959|
##
||2023|2022|
|---|---|---|
|Income|55,552|87,116|
|Interest and investment income|68|4|
|Gross income for the year|55,620|87,120|
|Expenditure|64,338|99,676|
|Depreciation and charges for|||
|impairment offixed assets|1,097|1,097|
|Total expenditure fortheyear|65,435|100,773|
|Net expenditure before tax for the year|(9,815)|(13,653)|
|Net expenditure for the year|(9,815)|(13,653)|
##
|Company No.|08463076|Notes|2023|2022|
|---|---|---|---|---|
||||E||
|Fixed assets|||||
|Tangible assets||12|127|1,224|
||||127|1,224|
|Current assets|||||
|Debtors||13|1,540|9,130|
|Cash at bank|and in hand||60,701|62,853|
||||62,241|71,983|
|Creditors: Amountfalling due within one year||14|(3,224)|(4,248)|
|Net current assets|||59,017|67,735|
|Total assets less|current liabilities||59,144|68,959|
|Net assets excluding pension asset or liability|||59,144|68,959|
|Total net assets|||59,144|68,959|
|The funds ofthe|charity||||
|Restrictedfunds||15|||
|Restricted income funds|||15,000|15,000|
||||15,000|15,000|
|Unrestricted funds||15|||
|General funds|||44,144|53,959|
||||44,144|53,959|
|Reserves||15|||
|Total funds|||59,144|68,959|
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|Fund accounting||
|---|---|
|Unrestrictedfunds|These are available for use at the discretion of the trustees in furtherance of the|
||general objects of the charity.|
|Designated funds|These are unrestricted funds earmarked by the trusteesfor particular purposes.|
|Revaluation funds|These are unrestricted funds which include a revaluation reserve representing the|
||restatementof investment assets at their market values.|
|Restricted funds|These are available for use subject to restrictions imposed by the donor orthrough|
||terms of an 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 amountof|
||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 of grants, donations and gifts is included in the|
|legacies|the SOFA when receivable and onlywhenthe Charity has unconditional|
||entitlement to the income.|
|Tax reclaims on|Income from tax reclaims is included in the SoFA at the 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 of anyvolunteer help received is not included in the accounts.|
|Investmentincome|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 offixed|at the end of the year.|
|assets||
|Gains/(losses) on|This includes any gain or loss on the sale of investments.|
|investment assets||
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|3
Statement of Financial Activities
- prior year||||
|---|---|---|---|
||Unrestricted|Restricted||
||funds|funds|Total funds|
||2022|2022|2022|
|Income and endowments from:||||
|Donations and legacies|166||166|
|Othertrading activities|37,133||37,133|
|Investments|4||4|
|Other|34,817|15,000|49,817|
|Total|72,120|15,000|87,120|
|Expenditure on:||||
|Raising funds|45,677||45,677|
|Other|55,096||55,096|
|Total|100,773||100,773|
|Net income|(28,653)|15,000|(13,653)|
|Transfers betweenfunds|200|(200)||
|Netincome before other||||
|gains/(losses)|(28,453)|14,800|(13,653)|
|Other gains and losses:||||
|Net movement in funds|(28,453)|14,800|(13,653)|
|Reconciliation of funds:||||
|Total funds brought forward|82,412|200|82,612|
|Total funds carried forward|53,959|15,000|68,959|
|Income from donations and legacies||||
|---|---|---|---|
||Unrestricted|Total|Total|
|||2023|2022|
||||E|
|Donations|1,241|1,241|166|
||1,241|1,241|166|
|5|Income from other trading activities||||
|---|---|---|---|---|
|||Unrestricted|Total|Total|
||||2023|2022|
||Event income and room hire|27,051|27,051|28,665|
||Parking and storage rent|13,357|13,357|8,468|
|||40,408|40,408|37,133|
|6|Income from investments||||
|||Unrestricted|Total|Total|
||||2023|2022|
||Deposit accountinterest|68|68|4|
|||68|68|4|
|7|Other income||||
|||Unrestricted|Total|Total|
||||2023|2022|
||Grants|13,903|13,903|49,817|
|||13,903|13,903|49,817|
|8|Expenditure on raising funds||||
|||Unrestricted|Total|Total|
||||2023|2022|
||Fundraising trading costs||||
||Purchases|2,462|2,462|814|
||Other direct costs|16,898|16,898|44,863|
|||19,360|19,360|45,677|
|9|Otherexpenditure||||
|||Unrestricted|Total|Total|
||||2023|2022|
||Premises costs|25,024|25,024|25,969|
||Amortisation, depreciation,||||
||impairment, profit/loss on|1,097|1,097|1,097|
||disposal offixed assets||||
||General administrative costs|2,387|2,387|3,569|
||Legal and professional costs|17,567|17,567|24,461|
|||46,075|46,075|55,096|
##
|10|Net expenditure beforetransfers|||
|---|---|---|---|
|||2023|2022|
||This is stated after charging:||E|
||Depreciation ofowned fixed assets|1,097|1,097|
|11|Staff costs|||
||No employee received emoluments in excess of f60,000.|||
|12|Tangible fixed assets|||
|||Plant and|Fixtures&|Computer|Total|
|---|---|---|---|---|---|
|||machinery|fittings|equipment||
||Cost or revaluation|||||
||At 26 March 2022|1,151|3,032|205|4,388|
||At 25 March 2023|1,151|3,032|205|4,388|
||Depreciation and|||||
||impairment|||||
||At 26 March 2022|736|2,274|154|3,164|
||Depreciation charge for the|288|758|51|1,097|
||year|||||
||At 25 March 2023|1,024|3,032|205|4,261|
||Net book values|||||
||At 25 March 2023|127|||127|
||At 25 March 2022|415|758|51|1,224|
|13|Debtors|||||
||||2023||2022|
||Trade debtors||1,540||9,130|
||||1,540||9,130|
|14|Creditors:|||||
||amounts falling due within one year|||||
||||2023||2022|
||Trade creditors||2,204||3,204|
||Othercreditors||420||420|
||Accruals||600||624|
||||3,224||4,248|
|15|Movement in funds|||||
|---|---|---|---|---|---|
||||Incoming|||
||At|26 March|resources
(including
other
gains/losses|Resources
expended|At 25
March
2023|
|||2022||||
|||||E||
||Restricted funds:|||||
||Restricted income funds:|||||
||Capital works fund|15,000|||15,000|
||Total|15,000|||15,000|
||Unrestricted funds:|||||
||General funds|53,959|55,620|(65,435)|44,144|
||Totalfunds|68,959|55,620|(65,435)|59,144|
||Purposes and restrictions in relation to the funds:|||||
||Restricted funds:|||||
||Capital works fund|||||
|16|Analysis of net assets betweenfunds|||||
||||Unrestricted|Restricted||
||||||Total|
||||funds|funds||
||Fixed assets||127||127|
||Net current assets||44,017|15,000|59,017|
||||44,144|15,000|59,144|
|17|Reconciliation of net debt|||||
||||||At 25|
||||At 26 March||March|
||||2022|Cash flows|2023|
||Cash and cash equivalents||62,853|(2,152)|60,701|
||||62,853|(2,152)|60,701|
||Net debt||62,853|(2,152)|60,701|
|18|Related partydisclosures|||||
||Controllingparty|||||
##
##
|for the year ended 25 March 2023|||||
|---|---|---|---|---|
||Unrestricte||||
||d funds||Totalfunds|Totalfunds|
||2023|2023|2023|2022|
|Income and endowments from:|||||
|Donations and legacies|||||
|Donations|1,241||1,241|166|
||1,241||1,241|166|
|Other tradingactivities|||||
|Event income and room hire|27,051||27,051|28,665|
|Parking and storage rent|13,357||13,357|8,468|
||40,408||40,408|37,133|
|Investments|||||
|Deposit account interest|68||68|4|
||68||68|4|
|Other|||||
|Grants|13,903||13,903|49,817|
||13,903||13,903|49,817|
|Total income and endowments|55,620||55,620|87,120|
|Expenditure on:|||||
|Costs ofother tradingactivities|||||
|Purchases|2,462||2,462|814|
|Other direct costs|16,898||16,898|44,863|
||19,360||19,360|45,677|
|Total ofexpenditure on raising
funds|19,360||19,360|45,677|
|Premises costs|||||
|Rent|1,200||1,200|1,200|
|Rates||||360|
|Light, heat and power|2,375||2,375|607|
|Premises cleaning|5,426||5,426|4,292|
|Premises insurances|6,674||6,674|5,209|
|Premises repairs and
maintenance|9,349||9,349|14,301|
||25,024||25,024|25,969|
|General administrative costs,|||||
|including depreciation and|||||
|amortisation|||||
|Depreciation of Plant and|||||
||288||288|288|
|machinery|||||
|Depreciation of Fixtures &fittings|758||758||
|Depreciation ofComputer|51||51|809|
|equipment|||||
##
|The Spire Arts Limited|||||
|---|---|---|---|---|
|Detailed Statement of Financial Activities|||||
|Bank charges||||21|
|Exchange rate (gain)/loss|597||597|1,849|
|Software, ITsupportand related|368||368|532|
|costs|||||
|Stationery and printing|8||8|8|
|Subscriptions|323||323|386|
|Sundry expenses|32||32|13|
|Telephone, fax and broadband|1,059||1,059|760|
||3,484||3,484|4,666|
|Legal and professional costs|||||
|Audit/lndependent examination|438||438|948|
|fees|||||
|Management charges|17,129||17,129|20,813|
|Other legal and professional||||2,700|
|costs|||||
||17,567||17,567|24,461|
|Total ofexpenditure ofother costs|075||46,075|55,096|
|Totalexpenditure|65,435||65,435|100,773|
|Net gains on investments|||||
|Net expenditure|(9,815)||(9,815)|(13,653)|
|Net expenditure before other
gains/(losses)|(9,815)||(9,815)|(13,653)|
|Other Gains|||||
|Net movement in funds|(9,815)||(9,815)|(13,653)|
|Reconciliation of funds:|||||
|Totalfunds brought forward|53,959|15,000|68,959|82,612|
|Totalfunds carried forward|44,144|15,000|59,144|68,959|