| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 7 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 10 | to | 11 |
| Notes to the Financial Statements | 12 | to | 17 |
| Detailed Statement ofFinancial Activities | 18 | to | 19 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | funds | funds | funds | ||||
| Notes | |||||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 83,639 | 114,221 | 197,860 | 236,927 | ||
| Investment | income | 1,432 | 1,432 | 427 | |||
| Total | 85,071 | 114,221 | 199,292 | 237,354 | |||
| EXPENDITURE ON | |||||||
| Charitable | activities | ||||||
| General | 101,922 | 112,282 | 214,204 | 189,422 | |||
| Other | 35,373 | 35,373 | 26,915 | ||||
| Total | 137,295 | 112,282 | 249,577 | 216,337 | |||
| NET INCOME/(EXPENDITURE) | (52,224) | 1,939 | (50,285) | 21,017 | |||
| Transfers | between funds | (1,322) | 1322 | ||||
| Net movement in funds |
(53,546) | 3,261 | (50,285) | 21,017 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds | brought forward |
165,284 | 11,180 | 176,464 | 155,447 | ||
| TOTAL FUNDS CARRIED FORWARD | 111,738 | 14,441 | 126,179 | 176,464 |
| 31M | ARCH 2023 | ||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 3 | 3 | 3 | ||
| Investments | 10 | 10 | 10 | ||
| 13 | 13 | 13 | |||
| CURRENT ASSETS | |||||
| Debtors | 10,711 | 10,711 | 3,340 | ||
| Cash at bank and in hand | 128,694 | 14,441 | 143,135 | 197,570 | |
| 139,405 | 14,441 | 153,846 | 200,910 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(27,680) | (27,680) | (24,459) | ||
| NET CURRENT ASSETS | 111,725 | 14,441 | 126,166 | 176,451 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 111,738 | 14,441 | 126,179 | 176,464 | |
| NET ASSETS | 111,738 | 14,441 | 126,179 | 176,464 | |
| FUNDS | |||||
| Unrestricted funds |
111,738 | 165,284 | |||
| Restricted funds | 14,441 | 11,180 | |||
| TOTAL FUNDS | 126,179 | 176,464 |
| COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| fund | funds | funds | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies |
91,897 | 145,030 | 236,927 | |
| Investment income |
427 | 427 | ||
| Total | 92,324 | 145,030 | 237,354 | |
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| General | 31,218 | 158,204 | 189,422 | |
| Other | 26,915 | 26,915 | ||
| Total | 58,133 | 158,204 | 216,337 | |
| NET INCOME/(EXPENDITURE) | 34,191 | (13,174) | 21,017 | |
| Transfers between funds | (669) | 669 | ||
| Net movement in funds |
33,522 | (12,505) | 21,017 | |
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward |
131,762 | 23,685 | 155,447 | |
| TOTAL FUNDS CARRIED FORWARD | 165,284 | 11,180 | 176,464 | |
| 5. | TANGIBLE FIXEDASSETS | |||
| Plant and | ||||
| machinery | ||||
| COST | ||||
| At 1 April 2022 and 31March 2023 | 24,402 | |||
| DEPRECIATION | ||||
| At 1 April 2022 and 31March 2023 | 24,399 | |||
| NET BOOKVALUE | ||||
| At 31March 2023 | ||||
| At 31March 2022 |
| Shares in | ||||||||
|---|---|---|---|---|---|---|---|---|
| gloup | ||||||||
| undertakings | ||||||||
| MARKET VALUE | ||||||||
| At 1 April 2022 and 31March 2023 | 10 | |||||||
| NET BOOK VALUE | ||||||||
| At 31March 2023 | 10 | |||||||
| At 31March 2022 | 10 | |||||||
| There were no investment | assets outside the UK. | |||||||
| 7. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 2023 | 2022 | |||||||
| Trade debtors | 8,950 | 2,174 | ||||||
| Prepayments | 1,761 | 1,166 | ||||||
| 10,711 | 3,340 | |||||||
| 8. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 2023 | 2022 | |||||||
| Trade creditors | 4,662 | 1,713 | ||||||
| Social security and other | taxes | 1,654 | 2,960 | |||||
| Other creditors | 18,364 | 18,661 | ||||||
| Accrued expenses | 3,000 | 1,125 | ||||||
| 27,680 | 24,459 | |||||||
| 9. | MOVKMKNT IN FUNDS | |||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1/4/22 | in | funds | funds | 31/3/23 | ||||
| Unrestricted funds |
||||||||
| General fund | 165,284 | (52,224) | (1,322) | 111,738 | ||||
| Restricted funds | ||||||||
| Arts Council NPO 2021/2022 | 2,619 | (2,619) | ||||||
| MCC Cultural Partnership |
4,373 | 4,373 | ||||||
| National Lottery Community | Fund | 8,561 | (8,578) | 17 | ||||
| Radcliff Trust | 5,000 | 5,000 | ||||||
| ACE NPO 2022/2023 | (2,608) | 2,619 | 11 | |||||
| Evergreen Fund | (1,305) | 1,305 | ||||||
| Kate Day fund | 5,057 | 5,057 | ||||||
| 11,180 | 1,939 | 1322 | 14,441 | |||||
| TOTAL FUNDS | 176,464 | (50,285) | 126,179 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 85,071 | (137,295) | (52,224) | ||
| Restricted funds | ' | ||||
| MCC Cultural Partnership |
15,792 | (11,419) | 4,373 | ||
| National Lottery Community | Fund | (8,578) | (8,578) | ||
| Radcliff Trust | 5,000 | 5,000 | |||
| ACE NPO 2022/2023 | 81,472 | (84,080) | (2,608) | ||
| Evergreen Fund | 6,900 | (8,205) | (1,305) | ||
| Kate Day fund | 5,057 | 5,057 | |||
| 114,221 | (112,282) | 1,939 | |||
| TOTAL FUNDS | 199,292 | (249,577) | (50,285) |
| Comparatives for mo |
vement | in funds | ||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1/4/21 | in funds | funds | 31/3/22 | |||
| Unrestricted funds |
||||||
| General fund | 131,762 | 34,191 | (669) | 165,284 | ||
| Restricted funds | ||||||
| Arts Council NPO 2020/2021 | 9,339 | (9,339) | ||||
| Arts Council NPO 2021/2022 | (6,720) | 9,339 | 2,619 | |||
| Arts Cultural Recovery | 6,809 | (6,809) | ||||
| MCC Cultural Partnership |
418 | (370) | (48) | |||
| MCC Neighbourhood | Inv. Fund | 3,896 | (3,980) | 84 | ||
| National Lottery Community |
Fund | 8,561 | 8,561 | |||
| Awards For All | 2,423 | (3,058) | 635 | |||
| Radcliff Trust | 800 | (798) | (2) | |||
| 23,685 | (13,174) | 669 | 11,180 | |||
| TOTAL FUNDS | 155,447 | 21,017 | 176,464 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | m funds | |||
| Unrestricted funds |
|||||
| General fund | 92,324 | (58,133) | 34,191 | ||
| Restricted funds | |||||
| Arts Council NPO 2021/2022 | 81,472 | (88,192) | (6,720) | ||
| Arts Cultural Recovery | 37,916 | (44,725) | (6,809) | ||
| MCC Cultural Partnership |
15,792 | (16,162) | (370) | ||
| MCC Neighbourhood | Inv. Fund | (3,980) | (3,980) | ||
| National Lottery Community | Fund | 9,850 | (1,289) | 8,561 | |
| Awards For All | (3,058) | (3,058) | |||
| Radcliff Trust | (798) | (798) | |||
| 145,030 | (158,204) | (13,174) | |||
| TOTAL FUNDS | 237,354 | (216,337) | 21,017 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1/4/21 | in funds | funds | 31/3/23 | |||
| Unrestricted funds |
||||||
| General fund | 131,762 | (18,033) | (1,991) | 111,738 | ||
| Restricted funds | ||||||
| Arts Council NPO 2020/2021 | 9,339 | (9,339) | ||||
| Arts Council NPO 2021/2022 | (6,720) | 6,720 | ||||
| Arts Cultural Recovery | 6,809 | (6,809) | ||||
| MCC Cultural Partnership |
418 | 4,003 | (48) | 4,373 | ||
| MCC Neighbourhood | Inv. Fund | 3,896 | (3,980) | 84 | ||
| National Lottery Community | Fund | (17) | 17 | |||
| Awards For All | 2,423 | (3,058) | 635 | |||
| Radcliff Trust | 800 | 4,202 | (2) | 5,000 | ||
| ACE NPO 2022/2023 | (2,608) | 2,619 | 11 | |||
| Evergreen Fund |
(1,305) | 1,305 | ||||
| Kate Day fund | 5,057 | 5,057 | ||||
| 23,685 | (11,235) | 1,991 | 14,441 | |||
| TOTAL FUNDS | 155,447 | (29,268) | 126,179 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 177,395 | (195,428) | (18,033) | ||
| Restricted funds | |||||
| Arts Council NPO 2021/2022 | 81,472 | (88,192) | (6,720) | ||
| Arts Cultural Recovery |
37,916 | (44,725) | (6,809) | ||
| MCC Cultural Partnership |
31,584 | (27,581) | 4,003 | ||
| MCC Neighbourhood | Inv. Fund | (3,980) | (3,980) | ||
| National Lottery Community | Fund | 9,850 | (9,867) | (17) | |
| Awards ForAll | (3,058) | (3,058) | |||
| Radcliff Trust | 5,000 | (798) | 4,202 | ||
| ACE NPO 2022/2023 | 81,472 | (84,080) | (2,608) | ||
| Evergreen Fund | 6,900 | (8,205) | (1,305) | ||
| Kate Day fund | 5,057 | 5,057 | |||
| 259,251 | (270,486) | (11,235) | |||
| TOTAL FUNDS | 436,646 | (465,914) | (29,268) |
| FORTHE YEAR ENDED | 31MARCH 2023 | ||
|---|---|---|---|
| 2023 | 2022 | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Rents received | 61,604 | 41,477 | |
| Donations | 7,617 | 8,730 | |
| Grants | 104,164 | 185,373 | |
| Trusts k foundations | 7,000 | ||
| Sundry income | 475 | 1,347 | |
| Wages costs recharged | 17,000 | ||
| 197,860 | 236,927 | ||
| Investment income |
|||
| Interest earned | 1,432 | 427 | |
| Total incoming resources | 199,292 | 237,354 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| Wages | 100,387 | 105,410 | |
| Social security | 2333 | ||
| Pensions | 1,703 | ||
| 104,423 | 105,410 | ||
| Other | |||
| Premises costs | 14,273 | 4,101 | |
| Cleaning costs Repairs 4 maintenance |
12,189 8,911 |
13,423 9,391 |
|
| 35,373 | 26,915 | ||
| Support costs | |||
| Management | |||
| Stafftraining | 1,836 | 1,889 | |
| Finance | |||
| Bank charges | 248 | 181 | |
| Other 2 | |||
| Insurance 8c security |
2,612 | 2,812 | |
| Exhibition &advertising | costs | 25,705 | 47,398 |
| Office costs inc IT | 5,979 | 4,930 | |
| Telephone | 4,004 | 3,488 | |
| Postage and stationery | 1,336 | ||
| Admin Scco-ordinator |
11,374 | 9,324 | |
| Freelance fees | 34,200 | ||
| Carried forward | 85,210 | 67,952 |
| FORTHE YEAR EN | DED 31MARCH 2023 | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Other 2 | |||
| Brought forward | 85,210 | 67,952 | |
| Freelance support | 3,870 | 3,419 | |
| Consultancy | 6,260 | 8,046 | |
| Legal fees | 7,443 | ||
| 102,783 | 79,417 | ||
| Governance | costs | ||
| Sundries | 672 | 219 | |
| Accountancy | fees | 4,242 | 2,306 |
| 4,914 | 2,525 | ||
| Total resources | expended | 249,577 | 216,337 |
| Net (expenditure)/income | (50,285) | 21,017 |