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|Contents|||Page|
|---|---|---|---|
|Trustees'|report||2to4|
|Examiner's|report|||
|Statement|offinancial|activities||
|Balance sheet||||
|Notes to the accounts|||8to 11|
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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|
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||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|
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|||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|