2022-03-31-accounts - Compass Live Art Limited

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					2Q22	2Q22	2022	2021
					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
Income from:
Grants and donations					322	71,317	71,639	86,389
Sales and earned	income				5,795		5,795	189
Insurance claim					5,000		5,000
Total income					11,117	71,317	82,434	86,578
Expenditure on.
Core team						68,514	68,514	57,978
Casual team					468	3,130	3,598
Associate team						8,752	8,752
Artists in residence								3,040
Bursaries and awards								2,500
Materials and resources						4,946	4,946	1,997
Artists' fees					536	52,519	53,055	50,456
Travel and accommodation						3,980	3,980	1,047
Training and conferences								51
Marketing						10,230	10,230	4,216
Rent, room hire and storage						6,809	6,809	3,287
Insurance						2,396	2,396	675
Independent examination						540	540	540
Postage, stationery	and phone					353	353	135
Memberships and	subscriptions					650	650	16
Other administration	costs					292	292	15
Bank charges						117	117	67
Fundraising consultancy						1,050	1,Q50
Access costs						929	929
Hospitality						773	773
Office refurbishment						1,400	1,400
Reimbursement for damaged			equipment		5,000		5,000
Total expenditure					6,004	167,38Q	173,384	126,02Q
Net income l(expenditure)					5,113	(96,063)	(90,950)	(39,442)
Fund balances brought		forward			6,396	108,540	114,936	154,378
Fund balances carried forward				(4)	11,509	12,477	23,986	114,936

Compass Live Art Limited
Balance sheet
as at 34 Wlarch 2022		2022	2022	2022	2021
		Unrestricted	Restricted	Total	Total
			F		F
Current assets
Debtors and prepayments	(7)	989	6,266	?,255	33,104
Cash at bank and in hand	(9)	11,060	6211	17 27'I	82,472
Total current assets		12,049	12,477	24,526	115,576
Current liabilities:
amounts falling due within one year
Creditors and accruals	(10)	54Q		540	64Q
Total current liabilities		540		540	64Q
Net current assets l{liabilities)		11,509	12,477	23,986	114,936
Net assets		11,509	12,477	23,986	114,936
Funds
Unrestricted funds		11,509		11,509	6,396
Restricted funds			12477	12,477	108540
Total funds		11,509	12,477	23,986	114,936

	for the year ended	31 March 20	22
2	Grants and donations		2022	2022	2022	2021
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
						F
	Arts Council Engiand (ACE)			49,999	49,999
	Leeds City Council (LCC)		250	12,250	12,500	13,750
	Bruntwood Management			2,818	2,818	5,000
	Leeds Culture Trust			2,000	2,000	8,1QO
	IVE			2,000	2,0QO
	Leeds Inspired			1,750	1,75Q	5,000
	Wharf Chambers			500	500
	The Garfield Weston Foundation					15,000
	Leeds Business Improvement	District (BID)				11,459
	The Foyle Foundation					10,000
	The National Lottery Heritage	Fund (NLHF)				9,900
	East Street Arts					5,000
	University ofLeeds					1,565
	Wade's Charity					1,000
	Donations		72		72	615
			322	71,317	71,639	86,389
3	Restricted funds	Balance b/f	Incoming	Outgoing	Transfers	Balance c/f
				F	F
	ACE festival 2020/21	50,135		44,645		5,490
	The NLHF	13,000		13,000
	Leeds Civic Trust	2,500		2,500
	The Foyle Foundation	5,000		5,0QO
	Garfield Weston Foundation	15,0QO		15,QOO
	LCC Waterfront Enhancement	5,QOO	4,750	9,529		221
	East Street Arts	5,000		5,000
	Leeds Culture Trust	6,905	2,000	8,9Q5
	Wade's Charity	1,000		1,000
	Leeds Inspired	5,000	1,750	6,750
	LCCArts@Leeds		4,500	3,413		1,087
	Wharf Chambers		500	500
	Bruntwood Management		2,818	2,818
	ACE Development		49,999	44,320		5,679
	LCCArts@Leeds Restart		3,000	3,000
	IVE		2,000	2,0QO
		108,540	71,317	16?,380		12,477

		2022	2021	2Q22	2021	2022	2021
		Unrestricted	Unrestricted	Restricted	Restricted	Total	Total
		funds	funds P	fundsf	funds	funds	funds
Income
Grants and donations		322	4,615	71,317	81,774	71,639	86,389
Sales and earned income		5,795	189			5,795	189
Insurance claim		5,000				5,Q00
Total income		11,117	4,804	71,317	81,774	82,434	86,578
Expenditure
Core team			2,624	68,514	55,354	68,514	57,978
Casual team		468		3,130		3,598
Associate team				8,752		8,752
Artists in residence					3,040		3,040
Bursaries and awards					2,500		2,500
Materials and resources			97	4,946	1,900	4,946	1,997
Artists' fees		536	841	52,519	49,615	53,055	50,456
Travel and accommodation				3,980	1,047	3,980	1,047
Training and conferences							51
Marketing				10,230	4,216	10,230	4,216
Rent, room hire and storage				6,809	3,287	6,809	3,287
Insurance				2,396	675	2,396	675
Independent examination			540	540		540	540
Postage, stationery and phone			135	353		353	135
Memberships and subscriptions			16	650		650	16
Other administration costs			15	292		292	15
Bank charges			67	117		117	67
Fundraising consultancy				1,050		1,050
Other consultancy
Access costs				929		929
Hospitality				773		773
Office refurbishment				1,40Q		1,400
Reimbursement-damaged	equipmt	5 QQO				5,0QQ
Total expenditure		6,004	4,386	167,380	121,634	173,384	126,020
Net income I{expenditure)		5,113	418	(96,063)	(39,860)	(90,950)	(39,442)
Fund balances brought forward		6,396	5,978	1Q8,540	148,400	114,936	154,378
Fund balances carried forward		11,509	6,396	12,477	108,540	23,986	114,936