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|||||PAGE|
|---|---|---|---|---|
|Trustees'|annual report||||
|Independent
examiner's
report to the trustees|||||
|Statement|offinancial
activities||||
|Statement|offinancial
position||||
|Notes to|the financial
statements||||
|The following
pages do not form part of|||the financial statements||
|Detailed|statement offinancial|activities||21|
|Notes to|the detailed statement|offinancial|activities|22|
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|Registered|charity|name|The Arts Charity at Dean Clough|
|---|---|---|---|
|Charity registration||number|1170751|
|Principal office|||Dean Clough|
||||Halifax|
||||West Yorkshire|
||||HX3 5AX|
|Trustees|||Mr R Standen|
||||Mr BBurton|
||||Mrs A D Cormac|
||||Mrs SC Holdsworth|
||||Dr WRLawrence|
|Executive Director|||Mr VAllen|
|Finance Officer|||Mrs LCooper|
|Independent|examiner||Andrea Kennedy BFPFCA FCCA ATT(Fellow)|
||||Spenser Wilson Ltd|
||||Equitable
House|
||||55Pelion Lane|
||||Halifax|
||||West Yorkshire|
||||HXI 5SP|
|Bankers|||Handelsbanken|
||||Ground Floor|
||||Fearnley Mill|
||||Dean Clough|
||||Old Lane|
||||Halifax|
||||West Yorkshire|
||||HX3 5AX|
|Solicitors|||Wrigleys Solicitors LLP|
||||19Cookridge Street|
||||Leeds|
||||West Yorkshire|
||||LS23AG|
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|||||2022||2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
||||funds|funds|Total funds|Total funds|
|||Note|||||
|Income and endowments|||||||
|Donations
and legacies||4|75,021|10,800|85,821|62,089|
|Charitable
activities||5|28,817||28,817|25,240|
|Other trading activities||6|8,925||8,925|3,104|
|Other income||7|10,117||10,117|661|
|Totalincome|||122,880|10,800|133,680|91,094|
|Expenditure|||||||
|Expenditure
on charitable|activities|8,9|121,979|10,300|132,279|107,625|
|Total expenditure|||121,979|10,300|132,279|107,625|
|Net income/(expenditure)|||901|500|1,401|(16,531)|
|Transfers between
funds|||785|(785)|||
|Net movement
in funds|||1,686|(285)|1,401|(16,531)|
|Reconciliation offunds|||||||
|Total funds brought
forward|||34,594|285|34,879|51,410|
|Total funds carried forward|||36,280||36,280|34,879|
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|||||2022|||2021||
|---|---|---|---|---|---|---|---|---|
|||Note|||||||
|FIXEDASSETS|||||||||
|Tangible fixed assets||15|||1,274|||1,516|
|CURRENT ASSETS|||||||||
|Debtors||16|10,437|||14,441|||
|Cash at bank and in hand|||40,807|||52,313|||
||||51,244|||66,754|||
|CREDITORS: amounts|falling due||||||||
|within
one year||17|16,238|||33,391|||
|NKT CURRENT ASSETS|||||35,006|||33,363|
|TOTAL ASSETSLESS|CURRENT||||||||
|LIABILITIES|||||36,280|||34,879|
|NKT ASSETS|||||369280|||34,879|
|FUNDS OFTHK CHARITY|||||||||
|Restricted funds||||||||285|
|Unrestricted
funds|||||36480|||34,594|
|Total charity funds||20|||36,280|||34,879|
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|4.|DONATIONS|AND LEGACIES|||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total funds|
|||||funds|funds|2022|
||DONATIONS||||||
||Dean Clough|||69,218||69,218|
||GRANTS||||||
||Government|grant income||5,803|10,800|16,603|
|||||75,021|10,800|85,821|
|||||Unrestricted|Restricted|Total funds|
|||||fullds|fimds|2021|
||DONATIONS||||||
||Dean Clough|||12,400||12,400|
||GRANTS||||||
||Government|grant income||31,150|18,539|49,689|
|||||43,550|18,539|62,089|
|5.|CHARITABLE ACTIVITIES||||||
||||Unrestricted|Total funds|Unrestricted|Total funds|
||||funds|2022|funds|2021|
||Income for studio hire||28,817|28,817|25,240|25,240|
|6.|OTHER TRADING ACTIVITIES||||||
||||Unrestricted|Total funds|Unrestricted|Total funds|
||||funds|2022|funds|2021|
||Artists commissions
received||8,925|8,925|3,104|3,104|
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|OTHE|R INCOME|||||
|---|---|---|---|---|---|
|||Unrestricted|Total funds|Unrestricted|Total funds|
|||funds|2022|funds|2021|
|Other|income|10,117|10,117|661|661|
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|EXPEN|DITURE ON CHARITABLE|ACTIVITIES BYFUND TY|PE||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total funds|
|||funds|funds|2022|
|Gallery|and studio costs|13,551|1,500|15,051|
|Support|costs|108,428|8,800|117,228|
|||121,979|10,300|132&279|
|||Unrestricted|Restricted|Total funds|
|||funds|funds|2021|
|Gallery|and studio costs|1,207|15,846|17,053|
|Support|costs|42,879|47,693|90,572|
|||44,086|63,539|107,625|
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|EXPENDIT|URE ON CHARIT|ABLE ACTIVITIE|S BYACTIVI|TY TYPE||
|---|---|---|---|---|---|
|||Activities||||
|||undertaken||Total funds|Total funds|
|||directly|Support costs|2022|2021|
|||||8||
|Gallery and|studio costs|15,051|105,237|120488|104,444|
|Governance|costs||11,991|11,991|3,181|
|||15,051|117,228|132,279|107,625|
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|10.|ANALYSIS|OF SUPPO|RT CO|STS||||
|---|---|---|---|---|---|---|---|
|||||||Total 2022|Total 2021|
||Staffcosts|||||38,571|39,549|
||Rent, rates, service charges, light and||||heat|44,650|27,832|
||Telephone
and computer||expenses|||1,386|l,255|
||General office|||||115|1,849|
||Insurance|||||9,660|8,844|
||Repairs and|maintenance||||1,575|720|
||Licence fees|||||939|53|
||Advertising|||||2,287|1,284|
||Health and safety expenses|||||137|153|
||Printing
and|stationery||||51|372|
||Cleaning|||||5,402|4,963|
||Bank interest|and charges||||544|517|
||Accountancy|||||1,946|1,350|
||Professional|fees and consultancy||||10,045|1,831|
|||||||117,308|90,572|
|11.|NKT INCOME/(EXPENDITURE)|||||||
||Net income/(expenditure)||is stated after charging/(crediting):|||||
|||||||2022|2021|
|||||||5||
||Depreciation|oftangible|fixed assets|||542|571|
|12.|INDEPENDENT EXAMINATION||||FKKS|||
|||||||2022|2021|
|||||||8||
||Fees payable|to the independent||examiner for:||||
||Independent|examination|ofthe financial statements|||1,946|1,350|
||Other assurance
services|||||714|315|
|||||||2,660|1,665|
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||||||2022||2021|
|---|---|---|---|---|---|---|---|
|Wages and salaries|||||38,056||39,383|
|Employer
contributions|to|pension plans|||515||166|
||||||38,571||39,549|
|The average head count|ofemployees||during the year|was 2(2021:2).The|average|number of full-||
|time equivalent
employees||during the|year is analysed|as follows:||||
||||||2022||2021|
||||||No.||No.|
|Number ofstaff||||||2|2|
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|No remuneration
or other benefits
from
received by the trustees.
TANGIBLE FIXEDASSETS|employment
with the char|ity
or a|related
e|ntity
were|
|---|---|---|---|---|
||Land and|Fixtures|and||
||buildings|fittings||Total|
|Cost|||||
|At 1January 2022|2,289||836|3,125|
|Additions|||300|300|
|At 31December 2022|2,289|1,136||3,425|
|Depreciation|||||
|At 1 January 2022|1,512||97|1,609|
|Charge for the year|458||84|542|
|At 31December 2022|1,970||181|2,151|
|Carrying
amount|||||
|At 31December 2022|319||955|1,274|
|At 31December 2021|777||739|1,516|
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|DEBTORS||||||
|---|---|---|---|---|---|
|||||2022|2021|
|Trade debtors||||2,200|3,125|
|Prepayments|and accrued|income||8&228|11,307|
|Other debtors||||9|9|
|||||10,437|14,441|
|CREDITOR|S: amounts|falling due within|one year|||
|||||2022|2021|
|Trade creditors||||8,975|27,310|
|Accruals and|deferred income|||4,910|3,458|
|Social security and other||taxes||1&883|2,153|
|Other creditors||||470|470|
|||||16,238|33,391|
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|The amounts|recognised
in the financi|al
statements
for governm|ent
grants are as follow|s:|
|---|---|---|---|---|
||||2022|2021|
||||6||
|Recognised|in income from donations|and legacies:|||
|Government|grants income||16,603|49,689|
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|Unrestric|ted
funds||||||||
|---|---|---|---|---|---|---|---|---|
||||At|||||At|
|||1|January||||31|December|
||||2022|Income|Expenditure|Transfers||2022|
|General|funds||34,594|114,353|(121,979)|785||27,753|
|Geoffrey|Anderson||||||||
|Bequest||||8,527||||8,527|
||||34,594|122,880|(121,979)|785||36,280|
||||At|||||At|
|||1|January||||31|December|
||||2021|Income|Expenditure|Transfers||2021|
||||||f.||||
|General|funds||6,125|72,555|(44,086)|||34,594|
|Geoffrey|Anderson||||||||
|Bequest|||||||||
||||6,125|72,555|(44,086)|||34,594|
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|Restrict|ed funds|||||||
|---|---|---|---|---|---|---|---|
||||At||||At|
|||1|January||||31December|
||||2022|Income|Expenditure|Transfers|2022|
||||||||F|
|Chord|||285|||(285)||
|Flood management||||||||
|project||||10,800|(10,300)|(500)||
|Cultural|Regeneration|||||||
|Fund||||||||
||||285|10,800|(10,300)|(785)||
||||At||||At|
|||1|January||||31December|
||||2021|Income|Expenditure|Transfers|2021|
|Chord|||285||||285|
|Flood management||||||||
|project||||||||
|Cultural|Regeneration|||||||
|Fund|||45,000|18,539|(63,539)|||
||||45,285|18,539|(63,539)||285|
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|ANALYSIS OF N|KT ASSETSBETW|EEN FUNDS|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
|Tangible fixed assets||1,274||1,274|
|Current assets||51,244||51,244|
|Creditors less than|1 year|(16,238)||(16,238)|
|Net assets||36,280||36,280|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|Tangible fixed assets||1,516||1,516|
|Current assets||66,469|285|66,754|
|Creditors less than|1 year|(33,391)||(33,391)|
|Net assets||34,594|285|34,879|
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|||||2022|2021|
|---|---|---|---|---|---|
|Expenditure
on charitable|||activities|||
|Gallery and studio costs||||||
|Activities
undertnken||directly||||
|Light &heat||||3,074|3,086|
|Donations||||20||
|Depreciation||||542|571|
|Transport
costs||||310|952|
|Gallery technician||||4,372|4,122|
|Gallery co-ordinator||||5,190|4,380|
|Hospitality||||543|554|
|Gallery materials|and|equipment||1,000|3,388|
|||||15,051|17,053|
|Support costs||||||
|Wages and salaries||||38,056|39,383|
|Pension costs||||515|166|
|Rent and service charges||||21/72|11,918|
|Rates and water||||420|556|
|Light and heat||||22,958|15,358|
|Repairs and maintenance||||1,575|720|
|Insurance||||9,660|8,844|
|Computer
expenses||||460|458|
|Cleaning||||5,402|4,963|
|Licence fees||||939||
|Telephone||||926|797|
|Bank interest and|charges|||544|517|
|Other office costs||||35|1,849|
|Advertising||||2,287|1,284|
|Health and safety|expenses|||137|153|
|Printing
and stationery||||51|372|
|Bad debts|||||53|
|||||105,237|87,391|
|Governance
costs||||||
|Accountancy
fees||||1,946|1,350|
|Legal and other professional|||fees|1&247|915|
|Consultancy||||8,798|916|
|||||11,991|3,181|
|Expenditure
on charitable|||activities|132,279|107,625|