SIC-. WEts LOP
Manchester Craft and Design
Report and Accounts
31 March 2022

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||||Page|
|---|---|---|---|
|Company<br>information|||1|
|Trustees (director's)|report||2|
|Independent<br>Examiners||report|17|
|Statement<br>offinancial|activities||18|
|Balance sheet|||19|
|Notes to the accounts|||20|





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|for the year ende|d 31 March|2022|||||
|---|---|---|---|---|---|---|
|||Notes|General|Restricted|2022|2021|
||||funds|funds|||
||||f|f|f.|f|
|Incoming<br>Resources|||||||
|Rental income|||41,477||41,477|20,019|
|Grants receivable -|Arts Council NPO|||81,472|81,472|81,472|
|Grants receivable -|Arts Council CRF|||37,916|37,916|80,030|
|Grants receivable -|MCC|||15,792|15,792|19,948|
|Grants receivable<br>—MCC discretionary|||37,676||37,676||
|Grants receivable -|Business rates||2,667||2,667|29,669|
|Grants receivable -|NLCF|||9,850|9,850||
|Grants receivable -|Job retention|scheme||||9,591|
|Sundry income|||1,347||1,347|2,452|
|Donations<br>- general|||167||167|149|
|Donations - trading|subsidiary||8,563||8,563||
|Bank interest|||427||427|648|
|Total incoming<br>resources|||92,324|145,030|237,354|243,978|
|Resources expended|||||||
|Employee costs||2|32,089|75,490|107,579|116,628|
|Premises costs|||77|20,259|20,336|26,097|
|Exhibition<br>&promotion<br>costs|||1,762|45,356|47,118|32,254|
|General operating<br>8 administrative||expenses|22,468|16,529|38,997|30,490|
|Legal 8 professional|costs|2|1,737|570|2,307|4,317|
|||8|58,133|158,204|216,337|209,786|
|Net incoming<br>(outgoing) resources|||34,191|(13,174)|21,017|34,192|
|Total funds at 1st|April 2021||131,762|23,685|155,447|121,255|
|Transfers<br>between|funds||(669)|669|||
|Total funds at 31stMarch 2022|||165,284|11,180|176,464|155,447|





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|Company<br>number|2572530|2572530||||||
|---|---|---|---|---|---|---|---|
|Charity number 1173366||||||||
||||Notes||2022f||2021f|
|Fixed assets||||||||
|Tangible assets|||||3||3|
|Investments|||||10||10|
||||||13||13|
|Current assets||||||||
|Debtors|||5|3340||15,269||
|Cash at bank and|in hand|||197,570||163,368||
|||||200,910||178,637||
|Creditors: amounts||falling due||||||
|within one year|||6|(24,459)||(23,203)||
|Net current assets|||||176,451||155,434|
|Net assets|||||176,464||155,447|
|Capital and reserves||||||||
|General funds|||||165,284||131,762|
|Restricted<br>funds|||||11,180||23,685|
|Funds|||||176,464||155,447|





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|3|Tangible fixed|as|sets|||||
|---|---|---|---|---|---|---|---|
|||||||Plant|and|
|||||||machinery||
||||||||etc|
||Cost|||||||
||At 1 April 2021|||||24,402||
||At 31 March 2022|||||24,402||
||Depreciation|||||||
||At 1 April 2021|||||24,399||
||At 31 March 2022|||||24,399||
||Net book value|||||||
||At 31 March 2022|||||||
||At 31 March 2021|||||||
|4|Investments|||||||
|||||||Investments|in|
|||||||subsidiary||
|||||||undertakings||
||||||||E|
||Cost|||||||
||At 1 April 2021||||||10|
||At 31 March 2022||||||10|
||The investment|comprises:||||||
||Company|||Shares held||||
|||||Class|0/|||
||MCAD Enterprises||Limited|Ordinary|100|||





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|No|tes to the Accounts|tes to the Accounts|tes to the Accounts|||
|---|---|---|---|---|---|
|for|the year ended 31 March 2022|||||
|5|Debtors|||2022|2021|
|||||6|6|
||Trade debtors|||3,340|15,269|
|6|Creditors: amounts<br>falling due||within one year|2022<br>6|2021f|
||Trade creditors|||2,838|4,994|
||Other taxes and|social security costs||2,960|2,709|
||Other creditors -deposits<br>& rents||in advance|18,661|15,500|
|||||24,459|23,203|
|7|Employees, trustees, volunteers||&related parties|2022|2021|
||Average<br>number|of employees||||





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|8|Funds|||Brought|Incoming|Resources|Transfers|Carried|
|---|---|---|---|---|---|---|---|---|
|||||forward|resources|expended|between|forward|
||||||||funds||
||2021/22||||||||
||Restricted funds:||||||||
||Arts Council NPO 2020/21|||9,339|||(9,339)||
||Arts Council NPO 2021/22||||81,472|88,192|9,339|2,619|
||Arts Council Cultural|Recovery||6,809|37,916|44,725|||
||MCC Cultural<br>Partnership|||418|15,792|16,162|(48)||
||Mcc Neighbourhood|Inv.|Fund|3,896||3,980|84||
||National<br>Lottery Community||Fund||9,850|1,289||8,561|
||Awards<br>for All|||2,423||3,058|635||
||Radcliffe Trust|||800||798|(2)||
||Total restricted<br>funds|||23,685|145,030|158,204|669|11,180|
||General funds|||131,762|92,324|58,133|(669)|165,284|
||Total funds|||155,447|237,354|216,337||176,464|
||Represented<br>by:||||||||
||Fixed assets|||||||13|
||Net current assets|||||||176,451|
|||||||||176,464|



|Prior year - 2020/21||Brought|Incoming|Resources|Transfers|Carried|
|---|---|---|---|---|---|---|
|||forward|resources|expended|between|forward|
||||||funds||
|Restricted<br>funds:|||||||
|Arts Council<br>NPO 2020/21||6,795|81,472|78,928||9,339|
|Arts Council<br>Cultural|Recovery||80,030|39,821|(33,400)|6,809|
|MCC Cultural<br>Partnership||143|16,052|15,777||418|
|MCC Neighbourhood|Inv. Fund||3,896|||3,896|
|Awards for All||5,540||3,117||2,423|
|Radcliffe Trust||1,650||850||800|
|Total restricted<br>funds||14,128|181,450|138,493|(33,400)|23,685|
|General funds||107,127|62,528|71,293|33,400|131,762|
|Total funds||121,255|243,978|209,786||155,447|





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