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2023-12-31-accounts

<Juity rtgistr*ioD oumbw. 1183770 City Arts Newbury forthe Year Px￿￿ 31 Dwiber2023

Clty Arts Neivbwry Contents (condnlled) Tru8t¢es' Report 2to3 StAterne￿t of Thwteu, Re1p￿I￿111ties Statrrnrnt ofFinan¢ial Aedvttfi 6w7 Nots8 to the Financial Ststanw 9t017

Clty Arts Ntwb•ry RefereD¢e •nd Adminlstrailve Det MtsECFGSxm￿l Mr$HW￿8 Se¢ret MrsHWL Ch•rfty Re¥•trAtlo 1183T Pr1ttdp￿ Olllc¢ 10 Hampkn Ro RG14 Inde￿ndent Nt8¢1 ¢kn FCCA 2ner¢d C¢nified ALYoJnknt 1kn5 AceountinB Limi*4 Lindenmlth H( Thattharn RG19 6HW

Clty Arts Newbury Trntees. Report De¢ember 2023. people of B¢tsbirt and thv llrou￿1D8 ar¢w in wiojknr. limit&l tq by the FrfOV¢8ion of A (￿mMunity arts hub. To Jwi41 inGluion for the ￿blIC bto¢fii by lyetyYfji￿ •Mlly rxclthL r¢lieve the needs of such people and wisi into contiibute to $￿iety, in W¢icuJar by the provision of cohesiv¢ ¢ommuDity lrts ev¢nt4 voluDw opFtrftswitie5 and th Ju¢h a¢tiviti¢8 u the trusteeB drftmiine ih¢ r¢￿￿ ofihe Ch•ty To iThcr¢88¢ th¢ r¢•th of the Ch￿lty rnake the viwol nb)Te #e#sible to th¢ cunmunity in West To achieve the obje¢tiv¢s will ¢tMtIllUe lo identify (wiga1￿ we ¢￿ ty)I]Bi￿rate •nd build pirtn¢rthipi with 80 thdi we make the visual art• rth)ff •c¢¢s6ibl¢ io the dIsadvanty8￿ and wrythin the mmwjity. To h¢lp pith this alm We v4ill ¢mpl¢¢ th¢ st•8e of renov￿14￿)3.' Jim to opE¥) th¢ cafe three d&y8 per wtek; c￿tin￿ ￿ ift¢rease volwitser Lwe and provid¢ r¢levani traÉnin8 for th¢m,' in¢r¢as¢ fty)tfall by into all aTeu of th¢ hyb,. incrw¢ the t)umirr of wukBhcp by l(PA," in¢¥eue the numbw of exhThi iuo Jd event& in¢ludin8 frt¢ ffts; build our PR pru￿¢• knd in Comm￿lty. thn Ilats fedba¢k from our Friday Art At the An Hub. PwbU¢ b4nefv Tht cl￿rity publiciles ctynrnunity 4rtiiti¢ aTrl 4th1￿1￿18 the year ks •wbl¢ the lo¢￿ ¢rfmmwJity to parti¢ipt¢ tn th¢ ￿ti￿l to view knd acquir¢ the work of ILKai artists. The thjsttts Ly)nfm bAv¢ wnplttd with the rtyuirtm￿ty of ￿¢1(￿ 17 of the C7thrilies Art 201 I to bav¢ due ff8ard w the ￿bIl¢ bettefit 8uth¢¢ pjbltthed by the Ckny England MMI w￿ts. Chvity ComrniBsi(rfL trylth f(r• ao.

Clty Arts Nev4bury Tr•Jtees' Report (conthiu¢d) The following m TEPXt the Boudof Tn¢8 • Man8gemtht Cornmiitee. re¥MYsible for th¢ day ￿ dAy rumjirtg ofthe xtivities of City Art& This c4)mmitt¢è rneets approximuely ¢v¢ry 34 weeks and MO￿ often as . F￿￿raisIng Corbrnille4 Te4Jonsible for plJnAtng and impltn)uiting funthaiBin8 initistiveB and This comrnitt¢¢ meets u fm4U¢TttIy ths thrthdin8 pl•ll￿1 aaivitie& typically ev￿ 2.3 months The charity's activitt¢s ¢X￿o¢ it ￿ A of th￿￿111 riskn inclwkn8 u¢di¢ ¢4th fiow ri•k and liquidity risk. The use of financiRI derivativ¢8 1$ 8overned by thc charity's p)licies apwve4 by th¢ boArd of trus￿, which provid¢ writi¢n principl¢8 ffi the use of fin￿1￿1 n)WbW the riths. The ¢hJn'ty do¢s not Tht ¢h•tity'• win¢ipJ 48•¢ts are bafik ¢1￿ •nd other Mxit¥8bk4 ahd inV¢•lrn¢nl The dwity's ¢￿di1 risk li primBrily atthW¢ ￿ its tylde ￿1Vable$. The arnowil8 pr¢xntyl tn the eet are net of 4llowanc¢s fw doubtfiJl rtc¢ivable5. An a110Th7nce fry impairnM li nwde where there is an ideniifLtd1018 event whic14 t•K4J on ryeviouj xpwien¢¢. li evideti¢e of • rr4tsti(ffj in the rety)Yerthlity ofthe ea5h flow3. The crEth'I riik on liquid Ond du1￿1ve fiNncid inslnrnts ij Itmile4 the counterpartirt ar¢ banks with Ilits ¢redii.raiin88 U8iyJ by i1rtern￿Onll ¥Yedi¢-Nin8 ag¢n¢iw. The chan'ty no $i￿lfI￿nI ¢LmcentratMJn of ¢ffdii risK exp0s￿e IprEwI over a large numlxr of In order to maintain liquÈdity to eowjre that $uffi¢ieDt are available for Ix80itiB (VU8tions d¢velopm¢n¢s the charity a mtxtiwe of lon8-lerni •r#l shon-iemi debt fiTnce. Furthor drfAil¥ T¥g4rdin8 liquidity risk l>e iti th• of 4c<4Juntin8 p)liei•a in th• finart¢i tements. The ChArfty d•M #ot derhy•d￿ d•# •ot h•bd ••d doa Jot b•ve JOIR or 0rt4em d¢bt hlN•m¢¢. and Bign￿ ￿ its behalf by: MrsECFGSarn￿l Pa8e 3

Clty Arts Newbllry Statement of TTrstttt' Ruponslbllld The truste¢s arc ￿5￿nsible fw wepuing the trw4t¢w' reFKwt and the statem￿t$ in ￿e0rd￿nce with th¢ Unii¢d Kingdom A¢<wEtirtg Stsndth8 (Utiitthl KiD8dw G¢n¢¥ally AC<¢pl￿ A¢￿untIn8 Prxti¢¢) &T applicable18w and r¢8u]&tions. The law opplicable to cb8rities requitts the trustet4 w prtptre fina￿1￿ for e¥h firt￿181 year which give a true and fair view of the of&ffairs of the dwity And ofthe in¢wrng resourw and w11￿110n of IE￿￿¢¢6 of the charity forth8t ptsithl In prerwiD8 these fiTtaDci•18tsmth￿ the truse8 required ￿.. elert 6uithble couDtin8 [￿11¢1¢8 at)d then aNJly obJwY• the methoda #nd prin¢ipl¢8 in th• Clwities SORP. a whether awll￿bI¢ &¢ciwmtin8 $tyndord8 have been fouort rnthrl￿ depart di%losal and exptained in the firtsKial statry4ty' tharity will continu¢ in busine8S. lime the fuwKial p(sitioD of th¢ tharity and ellabk them ￿ ell￿re th¢ finwKial 5tawDents comply with the Ch8riiies A¢t 2011. the Cb8rities (Acc(Atnts and Ryrts) R¢gulati￿tt 2￿8, •nd the provisions of the constitution. The tr￿￿e$ u¢ aJBo ￿Mible for s4fe8uardin8 the of the c]Jarity and hence for reasonable st¢p8 for the PfEvention and d¢te¢tion of fra￿1 aod <4her irre8ularities. The tr￿qfeel we ￿P)nSIbl¢ for th¢ rnainten2nc¢ inlwty of the •nd infofm•tion includ¢d on the dt8n"tabt¢ Websi￿ Legisl￿1(￿ 8ovvning the ry¢p•rati￿ Ind di88¢mination of financial $tat¢rn¢n￿ may differ fr(￿le815]￿lott in (ts Jw1￿1¢ JJ.&124 Appmvtyl by the ofthe Chtrity ￿... .. .. . l li￿j its behalf by: Mrs E C F G Somuel Pa8¢4

aty Arts Newbury Independent Eimlner'8 Report to the trustttj of City Arts Newbmry I to the my exarni￿ of th¢ ¥cowits of City Art8 N¢thy fly the yar 31 Decemb¢r 2023. Re9pO•￿Ill￿• Wbd bth of rtprt A5 the charity tnL8tee8 of City Arts N¢thwy you •r¢ resp￿1￿*1¢ the of the Tn I￿Ord￿n¢t with the of the Clhurilies Act 2011 {'the Ad.). I repwt in reS￿¢t of rny examinati(ffl of the City Arts New￿￿.8 acoyjnts out urth sertion 145 of the 2011 A¢1 8TLd in ctrrying out my examination I have followd all the Appli¢￿1¢ Diredith￿ grven by th¢ Chffttity COmrri￿n urth 145(5Xb}of th• A Indtpetht examlMer'B stAttmt•t I have ¢omplrf¢d my exlmination. I cffifiwrn no matt¥i8J mattm h8v¢ WDe to my atteryti￿ in cOn￿tiO vrith the examination givin8 me c•yJ¢ to beli¢v¢ in any resm.. l. ￿e(￿￿n$ keo itt re4>e¢t ofcity Arts N¢thy J• rwuirtid by 130 of the A¢t: or 3. th¢ acwwits do wmply wtth th¢ I￿(￿An11￿8 the forn aThl content or4￿￿Trts t kn the Tharities {Accwts aThJ Repcffls) Res￿4￿.￿￿ 2C4)8 oth¥ thth kny rtyuirement that the a¢eout)¢i give A 'true knd fair Vie￿ which is not a rnolter considml •9 pffi of &n indtpertdent sh￿￿4 b¢ drnvrn in this rw in wder tyemble i pw ofth¢ 4c<ffjunts to ￿ rMch& Nigel (38ry Coombs FCCA ChArter¢d C¢rtifi¢d A¢￿11n110¢ ACCA Opus Ace4)Untin8 Lind¢nmuth House 37 GrEenkn B￿ill￿ Park That¢ham B¢rkshir¢ RG196HW

Clty Arts Newbury Statement of Flnanclal Actlvldes for the Year Ended 31 December 2023 Totsl 2023 Nrte DO￿¢10n8 hnd Jegaci¢s Charitable llctiviti¢8 Other rradiog aetiviti 13941 55244 5.487 226 13.941 55244 5,487 226 Totsl income 74398 74,898 Ewdlrnre o: Raisin8 fiuuJ8 Charitsble activiti (4,7151 {46,8991 38,312 (4,715) 146.8991 Total ¢xroli¢ur¢ Nei ex￿ndI￿re 89.926 89.926 15,028 15,028 (15.028) (15,028) R•Mn¢lM•tl•• •f f•md• To41 furtdl Wt f(w¥rd Total funth frnrd 36 36.805 17 21.777 U•rutrl¢ted Total 2022 Don4tion$ and le8ath Charitsble a¢tivi¢i Other tr￿Ing adiviti Other in¢omo 28.861 25 J44 5.147 549 28.861 25,544 5,147 549 Total in¢orn¢ Eipe•dlt•re M: RAi$in8 funds Charitsble ak#iviii {2.529) (26,823) 25.039 (2.529) (26,8231 25.039 Totsl exp¢rMllttwe ineorn¢ Nrt movamt in f 5.710 5,710 Re¢ondUAtlou off••d• Totsl fiaDds wried 17

Clty Arts Newbury Ststement of Flnandxl ActMde4 for the Year Ended 31 December 2023 (tontlnued) All of the ch•ri1￿$ 8¢tivitie8 d¢riv¢ from contimi1￿ witirnsdurrDg the above tThYy pttisJts. The funds 2022 li kn in Dolt 17. The DoteB on 9 to 17 art In*gr￿ pmtof theae flluncial Pa8e 7

Clty Arts Newbury (ReglstratloD n•mber: 1183770) BalaDee Sheet M at 31 December 2023 2022 Ftxed uxt¥ Tangible 858tts 12 1.758 3.164 Curr¢Dt ••Mts Sto¢ks 13 853 2,416 32.655 639 6.385 34.994 C&sh at lyank and in haDd 15 35.924 42,018 Credltor•: d•e f*lthl• •m¢ y••r N¢t cvrrent •Mets 16 15.g¥lS 8.37 20.019 33.641 21.7 F•id• of the ehArlty: 21.777 36,805 Total fuAd• 17 L4 ond Si￿J ￿ their bthdf ty". S Johnso Th¢ n(rf¢s on F•8¢8 9 ￿ 17 an intwal prtof thes¢ fints￿lI1 srthtem￿

Clty Arts Newbury Note• to the Flnanclal Statements for the Year Ended 31 December 2023 l A¢MB•tlrypolkk• Stst¢m¢Dt fjf ¢•n¥ll•a¢¢ Th¢ finatt¢tal s¢at¢ments have been ill coTd￿ vlith the S￿L￿d editi￿ of the Clwitiej Statsrnent of Recommended Practice i&sud Én Oaob¢r 2019. the Fina￿181 Rwting Stsndard applicable in th¢ Unit¢d Kin8dom and R¢pJbli¢ of [rel￿d (FRS 102) aTbJ the Churities Art 2011. B￿1• of prepr#tl•n City Arts Nethry m¢d8 the d¢fthition of a p￿lIC knefrt entity under FRS 102. Th¢ ￿£4M￿ts IfinanciBI ststements) h8v¢ beryl pr¢ under th¢ histsyical ¢ost e4Jnvenlion with rwDi•¢d or trans&Ltion value unl￿& otherwi stthj in the releV￿t notela) to th¢K Golni eonev The tr￿11¢e5 con#ider therr ar¢ ng rn•tvial unc¢naiMM the ell￿￿& thility to contimie ￿ & Boin8 VolunlAry income includin8 dwi(￿ 8ift8, leB8¢iM wnts that wovide core fundinB or are of a 8enernl I￿Ure is roBntthl when the charity has ¢niid¢rneni ￿ the inc<aM it is w0￿b]e th¢ in¢ome will be r￿¢1v￿ ard the thny)unt e4n be vrith Rffti¢nt r¢lt•bility. Ik)n￿lon$ and l¢Ba¢iu art re¢ogni￿d Ytteivthe is wohble Amount can be liably me•suR Gr￿ts are rec08n1￿d when ¢h•rity hal to the fimth aTrJ wjy Conditi(1￿ link￿ to the rn8 have been rnet. Where wfomwnce cM&iion8 ar¢ the Bnni Ind are yet kn be mel the in¢4Yn¢ is PEriol for Whic￿ it has bea rff¢ived. Swh 15 deferred wheth." . The donor hu imp)1￿ Ly)nditioms vknicb be rnet b¢fore th¢ c#ity has uti¢L￿￿tional elltitlern￿l All cxmth'trllt IS TE¢ogniaed there li a lepl or ¢or4tr￿lv¢ obl1gtiti￿ to that expe￿.￿￿1 it 1$ prob8ble settlemetrt 18 rt4iur•l and th¢ ¥mouM c￿ k rnegllEd reliably. All allo¢1￿1 to th¢ applicable particujar I￿adIn85 thry hav¢ b¢¢n 8t]￿(¢4 on A buis D)nsislent with the ￿ of r¢sourcu, with c￿traI Staff C4)5ts a]l¢Jcatal on the b￿1$ of tirn¢ SP¢Di and &pff¢i￿10rt ¢h*¥es all¢x¥tul on th¢ portion of th¢ ass¢t'$ use.

Clty Arts Neivbury Notes to the Flnxnelal Statements for the Year Ended 31 December 2023 (condnued) ctwitable ¢xpMdib]rt eomFffises irteurred by th¢ ¢lwity Én the deh'v¢ry of its •ctivitÉe8 and 8ervi¢e8 for its beneficiari￿. 1¢ in¢lth both C(￿ts can bc di￿L#lY wdj ¥tiViti¢S Imd those of T•iAtI The ¢barity li considered tr tests ¥t Iwt in I S¢he4Juk 6 of th¢ Ad 2010 4nd therefore it meets th¢ defrnition of 8 dwithble for UK coryKKation lax purN)8es. AccorduL8ly. the Charity li Kwjtentiajly ¢xempt fml tuatiott in res￿ of inc(ry tx witsl gBins rtreive4 withirt cate80ri¢8 overed by Chaorr 3 Parn I l of the Cirp)rn¢ion Act 2010 tr scrn.on 256 of th¢ TEution of ChAry¢able GaiD6 Ac1 1991 to the extw s￿h In¢On￿ or saiD$ 81¢ awliedexc1￿IVeIY w charit￿￿ puryA￿. T￿£ble Ilxed •wts Tndividu￿ ASXts coBtin8 £0.(Kl or ￿￿¢ ￿ initiaIly CIXL kn any ae4xunul8t&J &pff¢iation thd subwu¢n¢ t￿]Mulated inyainnemt I￿¢& Depre¢latloA Ahd Depr¢¢￿10￿ is providgj on I￿8]ble fixed as to write off the valu•tioD. le4$ any ethimat¢d rtsidual vBlu¢, ov¢rth¢ir expxted weful life as follows: Stock Swck 18 a¢ th lo￿ of¢0# knd ¢6tim•t¢4a MllinB ku ¢thnpl¢t¢ aDd ￿1. fter r¢8ard fry obwl¢t¢ alow rnovin8 ￿￿ks. Ctht li dnnin•a wing th¢ firyt.ll4 (FIFO). Tr•de debtor• e4)ur5e of busines8. using the eff¥tiv¢ intrr#t mdlK4 kn rKovi$iM for imPiftWlL A pmTrision for the inyirnjent of trade dthors 1$ ethblished thfft is obje(*iv¢ eviduK¢ that the clwity will not beable to coll￿1 all ￿lloUnts d a¢cordin8 to th (Nigin￿ ter1￿ of the rwxiv4ble& Cuh ¢quIv￿¢•I# C&sh and ¢8sh wuivalents C￿￿18¢ ¢asb M IMTrl and ￿17 and (rther thort.temi highly liquid 1nve8trn￿ts that LIE readily ¢4)nvenible to a &i￿wn amount of (ash 8T￿1 att $ubjext to An insignificant risk of Pa8e io

Clty Arts Newbury Nota to the FiDanclAI Statements for the YeK Ended 31 De¢tmber 2023 (eoDthiued) Trde eredltory are obli8aiions ¢0 pay for g(wJs or Servi￿ b•v¢ been a¥wireAI in the orthnary ¢ow8e of busines6 from 8upplier5. AccoLEnts tAyable att classificd as curreDt lith"lities ifth¢ dtX8 not have ￿ uncondittonal righ( at the end of the reporting perirl kn d¢fer s¢fjlemMt of tht creAlitor fLY at l¢aq rwelve months after the re￿rtIng dat¢. If there 1$ an uo¢ondiiion81 right ts) def￿ 5dtluD¢Dt fty at I￿11 ￿1¥ rnoDthB ats th¢ dttify they pr5eTrted u non-cumi li8bili¢ie8. &re t￿O￿liSed initially * the ryic th)d MiwueDtIy rn¢4$u￿ at cost ￿1￿8 the etTe¢tiv¢ transaction costs. and the amount du¢ c¢) rnkmption bein8 recO￿lse4 4$ 8 dw kn the Statement of Fin•n¢iai A¢tiyities ov# the p￿Ic0 of th¢ t¢l¢vant Init￿¢ expense 18 r¢cwiK4 on the t*sii of the effediv¢ IDl¢r￿¢ is in intU¢8t ￿y&ble and $imi]ar cha Brrnin88 arn c]assil1￿ ts current liabiliti￿ unless th¢ chvity IA&an w￿<￿tht1￿1I right to defer xttlrynenl of the liability for ￿ le￿ fvelve th¢ repffiin8 d￿. th¢ obj¢¢tives of the ch•Tity. U•retrl¢ted f••di Te Donation¥ from individu￿5 Gift aid ￿laIMed GrBnty includin8 c￿$181 5.489 341 5.489 341 Tot￿ for 2 13.941 Tot￿ for 2022 Pa8eii

City Arts Newbvry otes to the FIDanclal Statements for the Year Ended 31 Decembtr 2023 (eODtlnued) Totsl 41.199 41.199 10t￿ for 2•2J 55244 To¢d for 2022 U•re*l¢ted Totsl fvDd• Events in¢4Th,' Other events income 544 934 Other iTh¢4me from rAher tsjing &xiviii Totlll for 2023 934 5.487 5,487 Total for 2022 S Other la¢•mÈ U•rertrlrted nds To Ttst￿ for 21)23 Totsl for 2022 530 530 P•8¢ 12

Clty Arts Newbury Notu to the FIDAnclal Stst¢wnts for the Year Ended 31 Detynber 2023 (coDtlnued) 6 E¥p¢mdl¢v¢ tytt rldnz f••d• •) Corti of trdlK a¢llvltle• Totsl Marketing •nd publi Tot￿ for 2023 4J04 4J04 4,304 4,304 Total for 2022 2.181 2.181 b) Other ofieDer•¢ *•d kpd f#•d• Totsl Ddi N•t¢ Tot￿ for 2023 411 TO1￿ for 2922 348 348 Tot•1 ¢o•ts 7 Expemdltsre 00 ebArf¢•bk aettvl fv•d• fvnd• N•t¢ 4,473 3,458 4.475 3,438 Cafe costs Stsff costs 37.5 37.560 Totd f•r 2023 46,899 46.899 Totsl for 2022 26.823 P48¢13

City Arts Newbvry Notes to the Flnn¢ll StatrmeDts for the YeAr Ended 31 December 2023 (eonthiued) U•re•trl¢ted d Totsl f¥ttd• Note t£R81 feos 3234 Tot￿ for 21)23 38 Ttst￿ for 2022 No nor Any Conn￿ with thw14v¢ T¢1%1v￿ ￿Y fmrn th¢ tharity during the Mrs S Johnson £1 10.88 MIFBC FG Sarnud £18.10 The following tnMt¢e ￿￿1Ved a pe￿1 ID rr•p¢ct ofth¢ delivery of A •zMI Mle5 e4xnmi88ion MrnHWlmg£184.40 PayTh)ts totsllinB £1,{￿ WUE to Mr G C of Mr8 S Johnw in rel￿ of the 10 StAff Tb¢ 888r¢iate piyroll ¢LMts a• follTri: 21122 St•lf colts dllrf•8 tht y¢•r Iv¢rv. Wa8e5 and s&laTi¢a Oth¢r 51aff c￿($ 9.657 27.903 5.535 14.891 P88e 14

Clty Arts Nelvbury Notes to the Flnanew Statements for the Year Ended 31 December 2023 (¢ontinued) 11 Tx#tl• The ¢harity i& a n8ist¢red karity li thertforeexunpt frottl lawl 12 T4lble fixed •wts FMrnlThre 1od eq•lpn*bt Tot•1 Cort At l janu￿ 2023 4.219 At 31 Decemb¢r 21)23 DepTed#tlo At l JaouNry 2023 461 2461 At 31 Dwber 2023 2,461 N•t I￿k vAI#¢ Ai 31 D•¢•mb¢r 2023 At 31 D￿1Mber 2022 1.758 13 Stotk 1023 2022 853 639 14 Debtor• 2•23 2022 Trade debtorj yment• 1.472 713 231 6243 142 15 a•d e4•lvthmts 21122 313 12 Cosb * bank 32 32ffi55 Pa8e 15

City Arts Newbary Notss to the TrlnanciAI StatEn￿ttts for the Year Ended 31 Dectmber 2023 (eonthiued) 16 Credl•n: t￿114 dx¢ wlthlw oxye 2022 Trade creditorn 6202 Aecrua15 D¢fentd inc4)me 15.905 .377 B￿￿te #t 31 Dttember 2(123 ewdtd 3&805 89.926 21.777 Blan¢¢ 1131 December B￿￿¢¢ •t I ja••￿ 2022 re￿reeD ezpeded 21)22 Unrejtrictwl fund• 18 An￿y¥ll ofmrt •Mets berntm U•re4trfrt￿ T•tsl llt fu 31 DEeemb¢r Ge•erl 2023 TAngible fixed 450¢ts 1,758 35.924 1.758 35.924 15.903 CurrettE liabllld Pw16

Clty Arts Newbllry Notes to the Financtsl Statem¢nts for the Year Ended 31 Dttember 2023 (tontlnued) U•restrI¢￿ Trtffli 4t 31 December 2022 Tangible fixed assets 3,164 42.018 8,37 3.164 42.018 8.37 Cuff¢n¢ liabilt¢i To¢41 n•t asf•ts 36.80S 36.805 19 AD•ly•l• of net hwdi At31 At l J•Th•w Dttenbber 2023 1023 2J39 32,655 debt 32,65S A¢31 Detenther 2022 A¢ l j••￿ ¢•b 2022 flo Caslt ￿ bank in h*nd Net debt 20 Related PArty Pw17

Clty Arts N¢wbury Statement ofTrknocial Acdvhltt by for tbe Yw Ended 31 De¢ember 2023 Totsl Umrtstrlet¢41 UHrtthded 2023 21122 14eon Emdowmemts frooL' Donations and leg￿t¢s Charitybl¢ athivititj Oth¢r tr•lti18 activitiai 13.941 55244 5.487 226 28.861 25.544 5.147 549 60.101 Expellthur¢ om: $ing fiuMI8 Chan'tsble activiti {4,7151 {46J991 {2,529) {26.823) 25.039 Toth] exwditw¢ Net (xp¢nditureytnw 115.028> 5.710 RecoM¢lll•do• Of h•d• Totsl fimdo ￿Ko￿8h1 forW￿d Total ¢wri¢d forNrd 21,777 Pa8¢18

City Arts Newbury Detailed Statement of Fkn4ncRal Aetlvlilu for the Yur Ended 31 De¢ember 2023 TrtAI 2022 2023 Donations atKi leBacies (analyl below) Chan'tsble activitte8 lan41ysed below) Oth¢r trad¢o8 ftctivities {anatyse4 bdow) (thr in¢orne {AnaiywAI b¢iow) 13941 55244 5.487 226 28.861 25.544 5.147 549 74.898 ,101 Expe•dlturt •th." RAiSin8 fvnds (aTthlysed below) Chth'tsble Activities lanalysed below) Oth¢r expèftd1tt￿ IWJalyo•d b•low) Total ex￿ndI￿arn (expthdittr¢yiACQffl¢ {4.7151 {46.899) 38J12 (2.529) (26.823) 89.926 54.391 15,028 5,710 Net movnent in futth (15.0281 5,710 R•¢oxlM*tlo• of Total funth W f(rnrd Totsl fund6 ¢aThi¢d 36,805 Page 19

Clty Newbury Detalled Statement of FlnaDctsI Acilvlllej for the Year Ended 31 December 2023 (¢ontin•ed) To T•tsl 2022 Don￿lon$ Receiv￿1 1.565 5.936 6.459 15.804 Tax R#liimed Amazm Smt FASY Fund Rw'$in# 31 209 42 IS8 Workshops Exhibitions Cafe Sal¢B 34.776 423 14,045 16.161 2,482 West Berks Lottery Events Apple jui Card s￿¢1 Commissi Merchandi8¢ sa]es Oift vou¢hm not now expirul 544 589 3.482 466 76 83 451 578 132 194 30 5.147 Other in¢om¢ Reni In¢ome 19 530 186 226 549 Appl¢ Jw¢¢ Cos PR {LIternts￿ & Br￿) (411) 4J04 (348) 2,181 4.715 2.529 WoTk5bop Trnin¢rs w0￿0p$ covered by 8rints Workthop. Mthials Events costs Exhibition cits {17.717) (13.S33) (132) 1313) (3296) (63) Pw20

City Arts Newbury Detalled Stst¢m¢nt of FRnanclal Acdvldes for the Year Ended 31 December 2023 (conthi•ed) To¢ 2022 2•23 Cafe Purch&qes (suppli¢s> Employ¢¢ Way6 ar￿ Sthri Training Events & PR Mmag Exhibiiion ¢ost inc di5pIBy and hBnBin8 ¢(ts Cafe rtpair& knd TenewalB {iAc FixtW¢8 and Fillin88 Dewt¢ialion 12.664) (9.657) (96) {90) (134) (￿1 {1,3901 (5.535) (998} (3￿1) {736) {3.153) 1.055 46.899 26.823 Sponsorship and 8ifts R¢ni- 10 Hampton Rt Reni. Ele¢tri¢ity Wr Ra*9 Printin& Post88¢ and Sthtimy Conwter and 8oftw8Te Repairs and Renewals CleaninB Builthn8 W Telephone Int¢rn¢t feej (601) I2￿) (1.749) (222) (601) {90) (2SO) {63) (173) (1,603) (419) {17251) 1324) {178) {613) (1249) (23.806) (468) (3234) (698} {387) {9> (1090) (318) (518) 11761 Rtfrejhrnents DBS checks Web8i¢¢ Acc4Juntan¢y F¢¢s Good Exdwige admin fvs Credit card And Ti¢krf Thilor fea (1.079) (3[￿•) 1272) 1295 38.312 25.039 PaBe2l