2022-08-31-accounts

				Page
Trustees' annual report (incorporating	the	director's	report)
Independent examiner's report to the	trustees
Statement offinancial activities (including		income and
expenditure account)
Statement offinancial position
Statement ofcash flows				10
Notes to the financial statements

Registered		charity	name	name	NW Live Arts
Charity registration			number		1185485
Company	registration			number	12023108
Principal office and			registered		57 Lawford Road
office					London
					NW5 2LG
The trustees
					Miss Jane Bedwell
					Miss Henrietta Hill
					Mr Jason Shenai
					Miss Sarah Monk
					Dr Sophie Ransby
					Mr Armin Zanner
					Miss Martha Okigbo
					Miss Danai Ngangira	(Appointed	1 November 2021)
Independent		examiner			Juan Quirk BScFCCA
					Hawthorn Cottage
					Glen Road
					Sulby
					Isle ofMan
					IM7 2BB

						2022		2021
					Unrestricted	Restricted
					funds	funds	Total funds	Total funds
				Note	6	F		5
Income and endowments
Donations and legacies				5	13,515	19,000	32,515	53,705
Charitable activities				6	1,243		1,243	1,375
Other income				7				361
Total income					14,758	19,000	33,758	55,441
Expenditure
Expenditure on raising funds:
Costs ofraising donations			and
legacies				8	2,333		2,333	7,284
Expenditure on charitable		activities		9,10	2,386	23,986	26,372	39,831
Total expenditure					4,719	23,986	28,705	47,115
Net income					10,039	(4,986)	5,053	8,326
Transfers between	funds				(9,243)	9,243
Net movement in	funds				796	4,257	5,053	8,326
Reconciliation of	funds
Total funds brought	forward				8,446	5,000	13,446	5,120
Total funds carried forward					9,242	9,257	18,499	13,446

3t August 2022
		Note	2022 f	2021 f
Current assets
Debtors		15		800
Cash at bank and in	hand		19,199	13,497
			19,199	14,297
Creditors: amounts	falling due within one year	15	700	851
Net current assets			18,499	13,446
Total assets less current liabilities			18,499	13,446
Net assets			18,499	13,446
Funds ofthe charity
Restricted funds			9,257	5,000
Unrestricted funds			9,242	8,446
Total charity funds		18	18,499	13,446

						2022	2021
							F
Cash flows from operating			activities
Net income						5,053	8,326
Adjustments for.
Accrued expensesi(income)						350	(815)
Changesin:
Trade and other	debtors					800	1,733
Trade and other	creditors					(501)	(9,928)
Cash generated	from operations					5,702	(684)
Net cash from/(used in) operating				activities		5,702	(684)
Net increase/(decrease)		in	cash and cash		equivalents	5,702	(684)
Cash and cash	equivalents		at beginning		ofyear	13,497	14,181
Cash and cash	equivalents		at end ofyear			19,199	13,497

Donations and legacies
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
		E	6
Donations
Donations	13,515	19,000	32,515
Grants
Arts Council Grants
	13,515	19,000	32,515
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
			F
Donations
Donations	21,939	5,000	26,939
Grants
Arts Council Grants		26,766	26,766
	21,939	31,766	53,705

Charitable	activities
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
				F
Advertising	revenue	120	120	200	200
Ticket income		1,123	1,123	1,175	1,175
		1,243	1,243	1,375	1,375

Other income
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2022	Funds	2021
	F	8
Tax Income from Gift Aid			361	361
Costs ofraising donations	and legacies
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
			F
Costs ofraising donations	and legacies - Donations	2,333		2,333
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
		6	F	E
Costs ofraising donations	and legacies - Donations	6,239	1,045	7,284

Expenditure	on charitable activities by fu	nd type
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
		f	6	6
Sponsored	events and activities	1,442	23,986	25,428
Support costs		944		944
		2,386	23,986	26,372
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
			F	6
Sponsored	events and activities	12,618	25,091	37,709
Support costs		1,492	630	2,122
		14,110	25,721	39,831

Expenditure	on ch	arit	able activities	by activity type
				Activities
				undertaken	Support	Total funds	Total fund
				directly	costs	2022	2021
							F
Sponsored	events	and	activities	25,428	944	26,372	39,239
Governance	costs						592
				25,428		26,372	39,831

			Analysis	ol
			supportcosts		Total 2022	Total2021
			6		6	6
Premises						730
Communications		and IT	619		619	346
General	office					453
Human	resources		325		325
Finance	costs					1
Governance costs						592
						2,122

15.	received by th Debtors	e truste	es.
				2022	2021
					F.
	Prepayments	and accrued income			800
16.	Creditors: amounts		falling due within one year
				2022	2021
				F	6
	Accruals and deferred income			700	350
	Other creditors				501
				700	851
17.	Deferred income
				2022 f	2021 f
	At 1 September 2021				10,429
	Amount released to income				(10,429)
	At 31August	2022

			At
		1	September						At
			2021	income	Expenditure	Transfers	31	Aug 2022
			E	F	E	F
General	funds		8,446	14,758	(4,719)	(9,243)		9,242
			At						At
		1	September				31	August	20
			2020 E	Income f	Expenditure F	Transfers 6		F	21
General	funds		5,120	23,675	(20,349)			8,446

					At
				1	September						At
					2021 F	Income f	Expenditure 8	Transfers f	31	Aug 2022
Belonging					5,000		(6,893)	1,893
Where	will	I	be			6,500	(13,850)	7,350
Finding	my		voice			12,500	(3,243)			9,257
					5,000	19,000	(23,986)	9,243		9,257
					At						Al
				1	September				31	August	20
					2020	Income E	Expenditure f	Transfers F		F	21
Belonging						31,766	(26,766)			5,000
Where	will	I	be
Finding	my		voice
						31,766	(26,766)			5,000

Analysis ofnet as	sets between funds
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
		F
Current assets		9,242	9,957	19,199
Creditors less than	1 year		(700)	(700)
Net assets		9,242	9,257	18,499
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
		8	E	5
Current assets		9,297	5,000	14,297
Creditors less than	1 year	(851)		(851)
Net assets		8,446	5,000	13,446

Financial instruments	Financial instruments
The carrying amount for each		category of	financial	instrument			isas follows:
								2022	2021
								8
Financial	assets that are debt instruments measured					at amortised cost
Financial	assets that are debt	instruments	measured		at	amoitised
cost								19,199	14,297
Financial	liabilities measured at amortised cost
Financial	liabilities measured	at amortised	cost					700	851

Analy	sis	ofc	han	ges	in net debt
							At		At
						1	Sep 2021	Cash flows	31Aug 2022
							F	F
Cash	at	bank	and	in	hand		13,497	5,702	19,199