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|Legal and administrative|Legal and administrative|information,|trustees and advisers||
|---|---|---|---|---|
|Trustees'
report||||2-5|
|Independent
examiner's||report|||
|Statement offinancial|activities||||
|Balance sheet|||||
|Notes to the financial|statements|||9-11|
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|Statement offinancial|activities f|or|the year|ending 31|December 2021||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
|||||Note|funds|funds|2021|2020|
|Income from:|||||||||
|Grants,
Donations
and Membership|||fees,||25,800||25,800|13,481|
|Donations
re Gallery Expansion||||||235,006|235,006|199,705|
|COVID-19 Grants and|Insurance|Claim|||14,096||14,096|34,830|
|Charitable
Activities|||||30,251||30,251|11,395|
|Other trading
activities|||||23,060||23,060|2,336|
|Investment
income|||||138||138|704|
|Total incoming
resources|||||93,345|235,006|328,351|262,451|
|Expenditure
on:|||||||||
|Raising funds|||||15,305||15,305|15,002|
|Charitable
expenditure|||||69,864|241,300|311,164|51,780|
|Total charitable
expenditure|||||85,169|241,300|326,469|66,783|
|Net incoming
resources|||||8,177|(6,295)|1,882|195,669|
|Fund balances
brought|forward||||||||
|At 1 January 2021|||||404,303|210,361|614,664|418,995|
|Transfer between
funds|||||||||
|Fund balances carried
at 31 December 2021|forward||||412,480|204,066|616,546|614,664|
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|Balance sheet as|at 31December 2021||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted||Total|
|||Note|funds|funds|2021|2020|
|Fixed Assets|||||||
|Freehold
Property|||200,000||200,000|200,000|
|Current assets|||||||
|Sundry Debtors|||2,979||2,979|17,003|
|Cash at bank and|in hand||219,299|205,066|424,364|404,409|
||||422,278|205,066|627,344|621,4'/2|
|Current Liabilities|||||||
|Creditors: amounts|falling due within one year|5|9,798|1,000|10,798|6,748|
|Net assets|||412,480|204,066|616,546|614,664|
|Represented
by:|||||||
|Income funds|||||||
|Unrestricted
Funds|||412,480||412,480|404,303|
|Restricted funds||||204,066|204,066|2f0,36'/|
|Total funds|||412,480|204,066|616,546|614,664|
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|Notes forming
part oft|he|fi|n|ancial|statement|s
for the year en|ded 31Decem|ber 2021|||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted||||
|||||||funds|funds|Total 2021|Total|2020|
|Incoming Resources|||||||||||
|Grants, Donations
and Membership|||||fees,||||||
|Membership
subscriptions|||and donations|||13,238||13,238||'/2,981|
|Permanent
Collection Grants||||"Ceramics"||4,000||4,000||500|
|Sponsorship
of Exhibitions||||||6,563||6,563|||
|General sponsorship||||||2,000||2,000|||
|||||||25,800||25,800||13,481|
|Donations
re gallery Expansion|||||||||||
|Members and General|public||||||235,006|235,006|199,705||
|Development
Loans|||||||||||
||||||||235,006|235,006|199,705||
|COVID-19 Grants &Insurance||||Claim|||||||
|Gov. Covid-19 Grants||||||14,096||14,096|24,830||
|Covid-19 Loss of Income||Insurance|||claim||||10,000||
|||||||14,096||14,096|34,830||
|Charitable
activities|||||||||||
|Income from Gallery sales||||||14,482||14,482|11,135||
|Income from Online Shop||||||15,309||15,309|||
|Sale ofdonated
pictures||||||460||460||260|
|||||||30,251||30,251|1'/,395||
|Other trading
activities|||||||||||
|Commission
from selling||exhibitions||||20,884||20,884||1,200|
|Events, fees and royalties||etc||||2,177||2,177||1,136|
|||||||23,060||23,060||2,336|
|Expenditure|||||||||||
|Raising Funds|||||||||||
|Membership
costs||||||5,361||5,361||3,820|
|Publicity 8 Subscriptions||||||2,657||2,657||1,799|
|Display and Selling exhibition||||expenses||6,600||6,600||6,226|
|Fundraising
costs||||||687||68?||3,157|
|||||||15,305||15,305|15,002||
|Charitable
activities|||||||||||
|Additions
to Permanent|Collection||||||||||
|donated
to NNIECT||||||10,349||10,349||4,276|
|Other Collecting
Cultures||expenditure||||||||71|
|Conservation
and Curatorial||||||11,542||11,542|4,616||
|Gallery management||||||11,032||11,032|14,219||
|Gallery "Too" management||||||20,116||20,116|18,970||
|Cost ofGallery sales||||||14,095||14,095|4,850||
|Support Costs||||||1,404||1,404||1,486|
|Website upgrade||||||1,325||1,325|||
|Gallery Development
expenditure|||||||241,300|241,300|3,293||
|||||||69,864|241,300|311,164|51,780||
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|Debtors||||||2021|2020|||
|---|---|---|---|---|---|---|---|---|---|
|Debtors and payments||in advance||||2,979|17,003|||
|Creditors||||||2021|2020|||
|Creditors: amounts
falling due|||within|one|year|10,798|6,748|||
|Statement ofFunds||||||||||
||||||||||At 31|
|||||||At 1 January|||December|
|||||||2021|Income|Expenditure|2021|
|Restricted funds||||||||||
|Gallery Development||||||210,361|235,006|241,300|204,066|
|Gallery Development|Loans|||||||||
|Transfer from General||Fund||||||||
|Total Restricted funds||||||210,361|235,006|241,300|204,066|
|Unrestricted
funds||||||||||
|General funds||||||88,707|93,217|85,169|96,755|
|Transfer from New Purchase|||Fund||||5,515||5,515|
|Transfer from Gallery|Development|||Fund||||||
|||||Sub Total||88,707|98,732|85,169|102,270|
|Fixed Asset - Fry Art Gallery||||||200,000|||200,000|
|Designated
Fund - New||Purchases||Fund||33,089|42|5,515|27,616|
|Designated
Fund
—Building Development|||||Fund|82,508|86||82,594|
|Total Unrestricted
funds||||||404,303|98,860|90,684|412,480|
|Total funds||||||614,664|333,866|331,984|616,546|
|Analysis ofnet assets||between funds||||||||
|||||||assets|liabilities|Total||
|Restricted funds||||||205,066|1,000|204,066||
|Unrestricted
funds||||||422,278|9,798|412,480||
|||||||627,344|10,798|616,546||