| Page | ||
|---|---|---|
| Legal and Administrative | Information | |
| Report of the Trustees | 2to3 | |
| Independent Examiner's |
Report | |
| Statement of Financial |
Activities | |
| Balance Sheet | ||
| Notes to the Financial Statements | 7to 11 |
| Trustees | S.Marston | |||||
|---|---|---|---|---|---|---|
| N. Hopwood | (Interim | Chair) | ||||
| T.Attwood | ||||||
| J.Fayter | ||||||
| M. Edwards | (appointed | August 2021) | ||||
| Cllr A. Lewis | (appointed | Nov 2021) | ||||
| J.Adler (appointed | August 2021) | |||||
| A. Qureshi (passed |
away | Nov 2022) | ||||
| Cllr S.Morgan (resigned |
Nov 2021) | |||||
| D. Renney (resigned | June 2021) | |||||
| A. Cranston | (resigned | Nov 2021) | ||||
| Charity number | 1177489 | |||||
| Registered | office | Jolt, First Floor Kings | House | |||
| 27 StAldate | street | |||||
| Gloucester | ||||||
| GL1 1RP | ||||||
| Independent | examiner | iLex Accountancy Services Ltd |
||||
| 41 Brunswick | Road | |||||
| Gloucester | ||||||
| GL1 1JS | ||||||
| Bankers | CAF Bank Limited | |||||
| 25 Kings Hill |
Avenue | |||||
| Kings Hill |
||||||
| West Mailing | ||||||
| Kent | ||||||
| ME19 4JQ |
| Restricted | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | funds | Total | |||||||||
| funds | 2022 | funds 2022 | 2022 | funds | 2021 | 2021 | 2021 | |||||||
| Notes | E | E | E | E | E | E | ||||||||
| Income from: | ||||||||||||||
| Donations and |
legacies | 3 | 203,859 | 246,513 | 450,371 | 148,663 | 344,803 | 493,465 | ||||||
| ~ddtt | ||||||||||||||
| Charitable activities |
4 | 183,314 | 219,089 | 402,403 | 84,526 | 298,172 | 382,698 | |||||||
| Other | 7 | 8,551 | 932 | 9,483 | 5,574 | 2,949 | 8,523 | |||||||
| Total resources | expensed | 191,865 | 220,022 | 411,886 | 90,100 | 301,121 | 391,220 | |||||||
| Gross transfers | between | funds | ||||||||||||
| Net (expenditure)/Income | for the year/Net | movement | in funds | 11,994 | 26,491 | 38,485 | 58,563 | 43,682 | 102,245 | |||||
| Fund balances | at 1April 2021 | 59,109 | 106,790 | 165,899 | 546 | 63,108 | 63,654 | |||||||
| Fund balances | at 31March 2022 | 71,103 | 133,282 | 204,384 | 59,109 | 106,790 | 165,899 |
| tfnrestrlcted | Restricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | Total | Total | |||
| 2022 | 2022 | 2022 | 2021 | |||
| f | f | f | f | |||
| Grant funding | 172,975 | 233,953 | 406,929 | 493,465 | ||
| Partner Contributions | 5,304 | 5,304 | ||||
| Sponsorship | 5,600 | 5,600 | ||||
| Jolt | 25,882 | 25,882 | ||||
| Other | 5,001 | 1,655 | 6,656 | |||
| 4 | . 7 | 4 | ||||
| For the year ended 31March 2021 | 493,465 | 493,465 | ||||
| Supported by the following |
fun de rs | |||||
| NLHF via GCC | 43,943 | 43,943 | 151,868 | |||
| Paul Hamlyn Foundation |
63,000 | 63,000 | 137,000 | |||
| Donated assets from GCC | ||||||
| Arts Council | 131,738 | 42,146 | 173,884 | 100,385 | ||
| Gloucester City Council | 41,000 | 22,750 | 63,750 | 34,568 | ||
| Garfield Weston | 25,000 | |||||
| Gloucester Quays |
237 | 237 | 16,000 | |||
| Barnwood Trust | 4,000 | |||||
| Kings House | 7,145 | |||||
| Thirty Percy | 5,000 | |||||
| Active Gloucestershire | 10,000 | |||||
| Gloucester County Council | 2,500 | |||||
| Gloucester Cathedral | ||||||
| Historic England | 55,000 | 55,000 | ||||
| Kickstart 2021 | 7,115 | 7,115 | ||||
| Partner Contibutions | 5,304 | 5,304 | ||||
| Sponsorship | 5,600 | 5,600 | ||||
| Jolt | 25,882 | 25,882 | ||||
| Other | 5,001 | 1,655 | 6,656 | |||
| 203,858 | 246,513 | 450,371 | ||||
| Charitable activities |
||||||
| Charitable | Charitable | |||||
| Expenditure | Expenditure | |||||
| 2022 | 2021 | |||||
| f | E | |||||
| Staff costs | 138,080 | 115,911 | ||||
| Depreciation and impairment |
5,338 | 5,409 | ||||
| Freelance producer fees | 26,922 | |||||
| Demand Analysis consultant |
fees | |||||
| Marketing support |
300 | 14,440 | ||||
| Fundraislng services |
5,409 | 12,174 | ||||
| Jolt costs | 21,052 | 6,325 | ||||
| Other Great Place costs | ||||||
| Partners fees | 149,894 | 50,500 | ||||
| Festivals &Events | 49,040 | |||||
| Participation | 25,579 | |||||
| Other Creative Activities | 29,135 | 26,196 | ||||
| Other Talent Development | 18,807 | |||||
| Audience Participation |
14,000 | |||||
| Subcontractors | 53,196 | 13,761 | ||||
| Admin costs | 3,633 | |||||
| 402,403 | 382,698 | |||||
| 402,403 | 382,698 |
| Analysis by f |
und | ||
|---|---|---|---|
| Unrestricted | funds | 183,314 | 84,526 |
| Restricted funds | 219,089 | 298,172 | |
| 4 2.4 | |||
| Forthe year | ended 31March 2021 | ||
| Unrestricted | funds | 84,526 | |
| Restricted funds | 298,172 | ||
| 382,698 |
| Number ofemployees | ||||||
|---|---|---|---|---|---|---|
| The average monthly | number ofemployees | during the year was: | 2022 | 2021 | ||
| Number | Number | |||||
| 4 | ||||||
| Employment costs |
2022 | 2021 | ||||
| f | f | |||||
| Wages and salaries | 127,967 | 84,526 | ||||
| Social security costs | 6,265 | 23,368 | ||||
| Other pension costs | 3,848 | 8,016 | ||||
| 138,080 | 115,911 | |||||
| Other | ||||||
| Unrestricted | Restricted | |||||
| funds | funds | Total | Total | |||
| 2022 | 2022 | 2022 | 2021 | |||
| f | f | f | E | |||
| Professional fees | 95 | 95 | 2716 | |||
| Accountancy fees |
3339 | 3339 | 2134 | |||
| Insurance | 731 | |||||
| Financing costs | 96 | 96 | 64 | |||
| Other expenditure | 5021 | 932 | 5953 | 2878 | ||
| 8551 | 932 | 2 | ||||
| Forthe year ended 31March 2021 | 5574 | 2949 | 8523 | |||
| Tangible fixed assets | ||||||
| Fixtures and | Office | |||||
| fittings | equipment | Total | ||||
| f | f | f | ||||
| Cost | ||||||
| At 1April 2021 | 8,574 | 14,778 | 23352 | |||
| Additions | 2,986 | 2986 | ||||
| At 31March 2022 | 8574 | 17764 | 26338 | |||
| Depreciation and impairment |
||||||
| At 1April 2021 | 3430 | 8777 | 12206 | |||
| Depreciation charged |
In the year | 1715 | 3623 | 5338 | ||
| At 31March 2022 | 5145 | 12400 | 17545 | |||
| Carrying amount | ||||||
| At 31March 2022 | 3429 | 5364 | 8793 | |||
| At 31March 2021 | 5144 | 11146 | ||||
| Page | 10 |
| Balance at | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | 31March | ||||||||
| 1April | 2021 f |
resources f |
expended | f | 2022 f |
||||||
| Donated assets (via GCC) | 8,154 | 0 | 8,154 | ||||||||
| Great Place Funding | (via GCC) | 1,768 | 43,943 | 28,842 | |||||||
| Arts Council | -275 | 42,146 | -753 | ||||||||
| Gloucester City Council | 1,710 | 22,750 | -9,862 | ||||||||
| Gloucester Quays |
-1,120 | 0 | -1,120 | ||||||||
| Barnwood Trust | -239 | 0 | -239 | ||||||||
| Kings House | 0 | 0 | 0 | ||||||||
| Thirty Percy | 0 | 0 | 0 | ||||||||
| Active Gloucestershire | -182 | 0 | -182 | ||||||||
| Gloucester County Council | 1,000 | 0 | 1,000 | ||||||||
| Gloucester Cathedral | 0 | 0 | 0 | ||||||||
| Paul Hamlyn Foundation |
92,281 | 63,000 | 90,708 | 64,573 | |||||||
| Historic England | 0 | 55,000 | 35,500 | 19,500 | |||||||
| Kickstart 2021 | 7,115 | 7,115 | |||||||||
| Partner Contributions | 5,304 | 5,304 | |||||||||
| Sponsorship | 5,600 | 5,600 | |||||||||
| Other | 1,655 | 1,655 | |||||||||
| 103,096 | 246,513 | 220,022 | 129,587 | ||||||||
| GCC Isthe accountable | body for the Great Place | project and receives the grant income from the funder (National Lottery Heritage Fund) on | behalf | ||||||||
| of ail partners working |
on the project. GCTtherefore receives Great Place grant income via GCC, by | claiming | back project expenditure | it has | |||||||
| incurred. | |||||||||||
| Analysis ofnet assets between funds | |||||||||||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||||||
| funds | funds | funds | funds | ||||||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | ||||||
| f | f | E | f | f | f | ||||||
| Fund balances at31March 2022are represented | by: | ||||||||||
| Tangible assets | 640 | 8,154 | 8,793 | 2,992 | 8,154 | 11,146 | |||||
| Current assets/(Babllities) | 74,157 | 121,434 | 195,591 | 59,811 | 94,942 | 154,754 | |||||
| 74,797 | 129,587 | 204,384 | 62,804 | 103,096 | 165,899 |