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|---|---|---|---|---|
|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||||10|
|Statement
ofcash flows|||||
|Notes to the financial statements||||12|
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|Registered||charity|name|name|NW Live Arts|
|---|---|---|---|---|---|
|Charity registration|||number||1185485|
|Company|registration|||number|12023108|
|Principal oflice 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|
|Independent||examiner|||Jane Waters|
||||||1 Barleycroft Green|
||||||Welwyn
Garden City|
||||||Herts|
||||||AL8 6JY|
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|||||||2023||2022|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|||
||||||funds|funds|Total funds|Total funds|
|||||Note||8|6|6|
|Income and endowments|||||||||
|Donations
and legacies||||5|19,202|62,343|81,545|32,515|
|Charitable
activities||||6|3,649||3,649|1,243|
|Total income|||||22,851|62,343|85,194|33,758|
|Expenditure|||||||||
|Expenditure
on raising funds:|||||||||
|Costs of raising donations|||and||||||
|legacies||||7|9,052||9,052|2,333|
|Expenditure
on charitable||activities||8,9|8,666|57,664|66,330|26,372|
|Total expenditure|||||17,718|57,664|75,382|28,705|
|Net income|||||5,133|4,679|9,812|5,053|
|Transfers
between|funds||||(4,496)|4,496|||
|Net movement
in|funds||||637|9,175|9,812|5,053|
|Reconciliation offunds|||||||||
|Total funds brought|forward||||9,242|9,257|18,499|13,446|
|Total funds carried forward|||||9,879|18,432|28,311|18,499|
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|31August 202|3|||||
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|6||
|Current assets||||||
|Debtors||||1,650||
|Cash at bank and|in|hand||29,371|19,199|
|||||31,021|19,199|
|Creditors: amounts||falling due within one year||2,710|700|
|Net current assets||||28,311|18,499|
|Total assets less|current liabilities|||28,311|18,499|
|Net assets||||28,311|18,499|
|Funds ofthe charity||||||
|Restricted funds||||18,432|9,257|
|Unrestricted
funds||||9,879|9,242|
|Total charity funds|||16|28,311|18,499|
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||8|8|
|Cash flows from operating|||activities|||||
|Net income||||||9,812|5,053|
|Adjustments
for:||||||||
|Accrued expenses||||||2,010|350|
|Changesin:||||||||
|Trade and other|debtors|||||(1,650)|800|
|Trade and other|creditors||||||(10,930)|
|Cash generated|from operations|||||10,172|(4,727)|
|Net cash from/(used
in) operating||||activities||10,172|(4,727)|
|Net increase/(decrease)||in|cash|and cash|equivalents|10,172|(4,727)|
|Cash and cash|equivalents||at beginning||ofyear|19,199|13,497|
|Cash and cash|equivalents||at end ofyear|||29,371|8,770|
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|Donations
and legacies|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Funds|
||Funds
E|Funds
F||2023
f|
|Donations|||||
|Donations|19,202|62,343||81,545|
||Unrestricted|Restricted|Total|Funds|
||Funds|Funds||2022|
|||6||F|
|Donations|||||
|Donations|13,515|19,000||32,515|
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|Charitable|activities|||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2023|Funds|2022|
|||r||6||
|Advertising|revenue|270|270|120|120|
|Ticket income||3,049|3,049|1,123|1,123|
|Other income||330|330|||
|||3,649|3,649|1,243|1,243|
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||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|
||||Funds
f|2023
E|Funds|2022
F|
||Costs of raising donations||and||||
||legacies - Donations||9,052|9,052|2,333|2,333|
|8.|Expenditure|on charitable|activities by fund type||||
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2023|
||||||6||
||Sponsored|events and activities||6,458|57,484|63,942|
||Support costs|||2,208|180|2,388|
|||||8,666|57,664|66,330|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds
6|Funds
f|2022
6|
||Sponsored|events and activities||1,442|23,986|25,428|
||Support costs|||944||944|
|||||2,386|23,986|26,372|
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|activity type|||||
|---|---|---|---|---|
|Activities|||||
|undertaken|Support|Total|funds|Total fund|
|directly|costs||2023|2022|
|6|F||F.|6|
|63,942|2,388||66,330|26,372|
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|||Analysis of|||
|---|---|---|---|---|
|||support costs|Total 2023
f|Total 2022|
|Staff costs||490|490||
|Premises||180|180||
|Communications|and IT|1,679|1,679|619|
|General office||40|40||
|Human resources||||325|
|||2,389|2,389|944|
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|14.|received
by t
Debtors|he truste|es.|||
|---|---|---|---|---|---|
|||||2023|2022|
||||||6|
||Prepayments|and accrued income||1,650||
|15.|Creditors: amounts||falling due within one year|||
|||||2023|2022|
||Accruals and|deferred|income|2,710|700|
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|Unrestr|icte|d|funds||||||
|---|---|---|---|---|---|---|---|---|
|||||At|||||
|||||1 September||||At|
|||||2022
f|income|Expenditure
6|Transfers
E|31Aug 2023
6|
|General|funds|||9,242|22,851|(17,718)|(4,496)|9,879|
|||||At|||||
|||||1 September||||At|
|||||2021|Income|Expenditure|Transfers|31Aug 2022|
|||||||6|6|6|
|General|funds|||8,446|14,758|(4,719)|(9,243)|9,242|
|Restricted||funds|||||||
|||||At|||||
|||||1 September||||At|
|||||2022|Income|Expenditure|Transfers|31Aug 2023|
|||||6|||6||
|Belonging|||||||||
|Where|will|I be|||||||
|Finding|my voice|||9,257||(10,092)|835||
|R&D Consultancy|||||||||
|Workshops|||||4,925|(5,425)|500||
|Strategic Development|||||7,552|(4,900)||2,652|
|Soundscapes|||from the||||||
|Planet|||||15,648|(18,790)|3,142||
|Along the Road|||||18,258|(18,277)|19||
|Soundings||from the|||||||
|Planet|||||15,000|||15,000|
|Core funding|||-ACE||960|(180)||780|
|||||9,257|62,343|(57,664)|4,496|18,432|
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||||||At||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||1 September|||||||||||||At|
|||||2021|||Income|||Expenditure|||Transfers||31 Aug 2022||
|||||6|||6||||F|||||6|
|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|
|R&D Consultancy|||||||||||||||||
|Workshops|||||||||||||||||
|Strategic|Development||||||||||||||||
|Soundscapes
from||the|||||||||||||||
|Planet|||||||||||||||||
|Along the|Road||||||||||||||||
|Soundings|from the||||||||||||||||
|Planet|||||||||||||||||
|Core funding - ACE|||||||||||||||||
|||||5,000|||19,000||||(23,986)|||9,243||9,257|
|The restricted funds||are all specific projects||||towards||which specific funds|||||have been given.|||These|
|funds are|separately||identified|and|tracked to||ensure||all amounts|||are|spent|as requested||by the|
|donors.|||||||||||||||||
|Analysis|ofnet assets between funds||||||||||||||||
|||||||||||Unrestricted|||Restricted||Total|Funds|
||||||||||||Funds
f|||Funds
6||2023
6|
|Current assets|||||||||||12,589||18,432|||31,021|
|Creditors|less than|1|year||||||||(2,710)|||||(2,710)|
|Net assets|||||||||||9,879||18,432|||28,311|
|||||||||||Unrestricted|||Restricted||Total|Funds|
||||||||||||Funds
6|||Funds
6||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|
|Financial|instruments||||||||||||||||
|The carrying
amount||for each||category offinancial||||instrument|||is as|follows:|||||
|||||||||||||||2023||2022|
|||||||||||||||||6|
|Financial|assets that are debt instruments||||||measured|||at|amortised||cost||||
|Financial|assets that||are debt|instruments||measured|||at|amortised|||||||
|cost|||||||||||||29,371|||19,199|
|Financial|liabilities|measured
at amortised|||||cost||||||||||
|Financial|liabilities measured|||at amortised||cost||||||||2,710||700|
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|Analy|sis|ofc|han|ges|
in net debt||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||At||At||
|||||||1|Sep 2022|Cash flows|31Aug|2023|
|||||||||F||9|
|Cash|at|bank|and|in|hand||19,199|10,172|29,371||