| Page | ||
|---|---|---|
| Reference and Administrative Details ofthe Charity, its Trustees and Advisers |
||
| Trustees' Report | 2-21 | |
| Independent Examiner's |
Report | 22 |
| Statement of Financial |
Activities | 23 |
| Balance Sheet | 24 | |
| Notes to the Financial Statements | 25-40 |
| REFERENCE AND | REFERENCE AND | REFERENCE AND | ADMINISTRATIVE | DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS | DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS | DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS | DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS | DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS |
|---|---|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||
| Trustees | Yinnon Ezra MBE, Trustee | |||||||
| Zoe Crockford, | Trustee (resigned 15November | 2022) | ||||||
| Charlotte Marchant, |
Trustee (appointed | 26 July | 2022) | |||||
| Tony Spencer, | Trustee | |||||||
| Kay May, Chair | ||||||||
| Toby Benjamin | Michael, Trustee | |||||||
| Jonathon Adams, |
Trustee (appointed 27October 2022) | |||||||
| Dr Ronda Gowland-Pryde, Trustee (appointed 27October 2022) |
||||||||
| Ruth Rolfe-Tarrant, | Trustee (appointed | 22 November 2022) | ||||||
| Stephen Anthony |
Foster, Trustee (resigned 26 | April 2022) | ||||||
| Company | registered | |||||||
| number | 11307517 | |||||||
| Charity registered | ||||||||
| number | 1185771 | |||||||
| Registered | office | St Mary's Chapel | ||||||
| New Street | ||||||||
| Andover | ||||||||
| Hampshire | ||||||||
| SP101QW | ||||||||
| Independent | Examiner | BRCAccountants | ||||||
| Suite 2 Healey | House | |||||||
| Dene Road | ||||||||
| Andover | ||||||||
| SP102AA | ||||||||
| Bankers | CAF Bank | |||||||
| 25 Kings Hill Avenue |
||||||||
| Kings Hill |
||||||||
| West Mailing | ||||||||
| Kent | ||||||||
| ME194JQ |
| Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| Note | 2023 R |
2023 | 2023 R |
2022f | ||
| Income from: | ||||||
| Donations and legacies |
43,135 | 162,930 | 206,065 | 160,840 | ||
| Charitable activities |
2,325 | 2,325 | 1,150 | |||
| Other trading activities |
3,345 | 3,345 | 2,965 | |||
| investments | 158 | 158 | ||||
| Total income | 43,135 | 168,758 | 211,893 | 164,955 | ||
| Expenditure on: |
||||||
| Raising funds | 486 | 486 | 3,588 | |||
| Charitable activities |
17,519 | 166,444 | 183,963 | 159,168 | ||
| Total expenditure | 17,519 | 166,930 | 184,449 | 162,756 | ||
| Net income before | taxatlon | 25,616 | 1,828 | 27,444 | 2,199 | |
| Taxation | 3,085 | 3,085 | ||||
| Net movement in funds |
25,616 | 4,913 | 30,529 | 2,199 | ||
| Reconciliation offunds: |
||||||
| Total funds brought | forward | 6,180 | 120,580 | 126,760 | 124,561 | |
| Net movement in funds |
25,616 | 4,913 | 30,529 | 2,199 | ||
| Total funds carried forward | 31,796 | 125,493 | 157,289 | 126,760 |
| Note | ||||||
|---|---|---|---|---|---|---|
| Fixed assets | ||||||
| Tsngibfe assets | 14 | 8,888 | ||||
| Debtors | 15 | 4,256 | 2,019 | |||
| Cash at bank and in hand | 163,810 | 131,759 | ||||
| 166,068 | 139,778 | |||||
| Creditors: amounts | falling due wlthln ons year | 16 | (1/847) | (14,008) | ||
| Net current assets | 151,121 | 119,772 | ||||
| Total assets fess current NabNltlee | 157+88 | 128,780 | ||||
| Nel assets | 157+$9 | 128,750 | ||||
| Total net aeeete | 188,7tf0 | |||||
| Charity funds | ||||||
| Restricted funds | 18 | 31,7ff6 | 6,180 | |||
| Unrestricted funds |
18 | 125,4tO | 120,880 | |||
| Total funds |
| Restricted | Unrestricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2023 R |
2023 | 2023 R |
2022f | |
| Donations | 483 | 483 | 360 | |
| Grants | 43,135 | 162,447 | 205,582 | 160,470 |
| Commissions | 10 | |||
| 43,135 | 162,930 | 206,065 | 160,840 | |
| Total 2022 | 7,800 | 153,040 | 160,840 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023 | 2023 | 2022f | |
| Education, Talks &Training | 1,150 | ||
| Worksops | 1,000 | 1,000 | |
| Event ticket sales | 1,325 | 1,325 | |
| 2,325 | 2,325 | 1,150 | |
| Total 2022 | 1,150 | 1,150 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023 | 2023 | 2022 | |
| R | |||
| Event and general sales | 155 | ||
| Associate fees | 3,245 | 3,245 | 2,310 |
| Sale of art | 100 | 100 | 500 |
| 3,345 | 3,345 | 2,965 | |
| Total 2022 | 2,965 | 2,965 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2023 | 2023 | 2022 | ||
| Interest | received | 158 | 158 |
| Restricted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | Total | Total | |||
| 2023 | 2023 | 2023 | 2022 | |||
| R | ||||||
| Socially engaged | art workshops | and | ||||
| exhibitions | 17,519 | 166,444 | 183,963 | 159,168 | ||
| Total 2022 | 1,620 | 157,548 | 159,168 |
| Activities | |||||||
|---|---|---|---|---|---|---|---|
| undertaken | Support | Total | Total | ||||
| directly | costs | funds | funds | ||||
| 2023 | 2023 | 2023 | 2022 | ||||
| R | |||||||
| Socially engaged | art workshops | and | |||||
| exhibitions | 161,317 | 22,646 | 183,963 | 159,168 | |||
| Total 2022 | 105,313 | 53,855 | 159,168 | ||||
| Analysis ofdirect costs | |||||||
| Socially | |||||||
| engaged art | |||||||
| workshops | |||||||
| and | Total | Totai | |||||
| exhibitions | funds | funds | |||||
| 2023 | 2023 | 2022 | |||||
| Staff costs | 108,068 | 108,068 | 71,654 | ||||
| Depreciation | 2,267 | 2,267 | 3,117 | ||||
| Project costs | 28,790 | 28,790 | 18,221 | ||||
| CAS community | 65 | 6,502 | 6,502 | ||||
| Artist Tools | 146 | ||||||
| Bad debt write off | 879 | 879 | |||||
| Rent and rates | 384 | 384 | 1,745 | ||||
| I ight, heat and power | 4,484 | 4,484 | 2,522 | ||||
| Entertainment | 140 | 140 | |||||
| Repairs and maintenance | 1,866 | 1,866 | 1,967 | ||||
| Computer software and maintenance |
costs | 6,871 | 6,871 | 4,730 | |||
| Cleaning | 114 | 114 | 285 | ||||
| Advertising | 854 | 854 | 819 | ||||
| Bank charges | 98 | 98 | 107 | ||||
| 161,317 | 161,317 | 105,313 | |||||
| Total 2022 | 105,313 | 105,313 |
| Socially | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| engaged art | |||||||||
| workshops | |||||||||
| and | Total | Total | |||||||
| exhibitions | funds | funds | |||||||
| 2023 | 2023 | 2022f | |||||||
| Staff costs (Administrator) | 15,303 | ||||||||
| Subscriptions | 60 | 60 | 232 | ||||||
| Finance manager fees | 15,047 | 15,047 | 16,616 | ||||||
| Legal fees | 7,903 | ||||||||
| Recruitment | expenses | 864 | |||||||
| Administrator | fees | 2,933 | |||||||
| Training costs | 140 | 140 | 791 | ||||||
| Insurance | 1,394 | 1,394 | 1,358 | ||||||
| Repairs and | maintenance | 395 | 395 | 1,181 | |||||
| Broadband, | internet and | fax | 995 | 995 | 1,045 | ||||
| Computer software and maintenance |
costs | 1,183 | |||||||
| Printing, postage and stationary | 172 | 172 | 584 | ||||||
| Sundry expenses | 570 | 570 | 699 | ||||||
| Travel and subsistence | 118 | 118 | 36 | ||||||
| Governance | costs | 3,271 | 3,271 | 3,127 | |||||
| 22,646 | 22,646 | 53,855 | |||||||
| Total 2022 | 53,855 | 53,855 | |||||||
| 10. | Independent | examiner's | remuneration | ||||||
| 2023 | 2022 | ||||||||
| Fees payable to the Charity's | independent | examiner | for the independent | ||||||
| examination | ofthe Charity's | annual | accounts | 1,440 | 1,340 | ||||
| Fees payable to the Charity's | independent | examiner | in respect of: | ||||||
| Ali other services not included above | 1,140 | 1,204 |
| 2023 | 2022f | |||
|---|---|---|---|---|
| Wages and | salaries | 103,254 | 83,143 | |
| Social security costs | 1,989 | 1,676 | ||
| Contribution | to defined contribution | pension schemes | 2,825 | 2,138 |
| 108,068 | 86,957 |
| 2023 | 2022 |
|---|---|
| No. | No. |
| Fixtures and | Office | Other fixed | ||
|---|---|---|---|---|
| fittings | equipment | assets | Total | |
| R | ||||
| Cost or valuation | ||||
| At 1 April 2022 | 2,293 | 4,354 | 6,913 | 13,560 |
| Additions | 1,029 | 418 | 1,447 | |
| At 31 March 2023 | 3322 | 4,772 | 6,913 | 15,007 |
| Depreciation | ||||
| At 1 April 2022 | 1,283 | 1,065 | 4,224 | 6,572 |
| Charge for the year | 420 | 1,330 | 517 | 2,267 |
| At 31 March 2023 | 1,703 | 2,395 | 4,741 | 8,839 |
| Net book value | ||||
| At 31 March 2023 | 1,619 | 2.377 | 2,172 | 6,168 |
| At31March 2022 | 1,010 | 3,289 | 2,689 | 6,988 |
| Debtors | ||||
| 2023 R |
2022f | |||
| Due within one year | ||||
| Trade debtors | 2,760 | 996 | ||
| Prepayments and accrued income |
1,498 | 1,023 | ||
| 4,258 | 2,019 |
| 2023 | 2022f | |
|---|---|---|
| Trade creditors | 12,300 | 8,476 |
| Wages payable | 1,105 | |
| Pension fund loan payable | 782 | 611 |
| Other taxation and social security | 1,365 | 1,414 |
| Accruals and deferred income | 2,500 | 2,400 |
| 16,947 | 14,006 |
| Statement offunds |
-current year | ||||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at 1 | 31 March | ||||
| April 2022 | Income | Expenditure | 2023 | ||
| R | |||||
| Unrestricted funds |
|||||
| Designated funds |
|||||
| Community space fund |
50,000 | (6,502) | 43,498 | ||
| General funds | |||||
| General Funds - all |
funds | 70,580 | 168,758 | (157,343) | 81,995 |
| Total Unrestricted | funds | 120,580 | 168,758 | (163,845) | 125,493 |
| Restricted funds | |||||
| Second nature fund | 6,180 | 350 | (6,530) | ||
| Jubilee festival | 2,789 | (2,789) | |||
| Refugee support | 1,900 | (1,900) | |||
| Sculpture fund |
31,796 | 31,796 | |||
| HCC - Social prescribing | 6,300 | (6,300) | |||
| 6,180 | 43,135 | (17,519) | 31,796 | ||
| Total offunds | 126,760 | 211,893 | (181,364) | 157,289 |
| 18. | Statement | of | funds | (continued) | |||||
|---|---|---|---|---|---|---|---|---|---|
| Statement | of | funds | - prior year | ||||||
| Balance at | |||||||||
| Balance at | Transfers | 31March | |||||||
| 1 April 2021 | Income f |
Expenditure | in/out | 2022 | |||||
| Unrestricted | funds | ||||||||
| Designated | funds | ||||||||
| Community | space fund | 50,000 | 50,000 | ||||||
| Generalfunds | |||||||||
| General Funds | - all | funds | 124,561 | 157,155 | (161,136) | (50,000) | 70,580 | ||
| Total Unrestricted | funds | 124,561 | 157,155 | (161,136) | 120,580 | ||||
| Restricted | funds | ||||||||
| Second nature | fund | 7,800 | (1,620) | 6,180 | |||||
| Total offunds | 124,561 | 164,955 | (162,756) | 126,760 |
| Summary | offunds - current yea | r | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | 31 March | |||||
| April 2022 R |
Income | Expendituref | 2023 | |||
| Designated | funds | 50,000 | (6,502) | 43,498 | ||
| General funds | 70,580 | 168,758 | (157,343) | 81,995 | ||
| Restricted | funds | 6,180 | 43,135 | (17,519) | 31,796 | |
| 126,760 | 211,893 | (181,364) | 157,289 | |||
| Summary | offunds - prior year | |||||
| Balance at | ||||||
| Balance at | Transfers | 31March | ||||
| 1 April 2021 | Income | Expenditure | iniout | 2022 | ||
| Designated | funds | 50,000 | 50,000 | |||
| General funds | 124,561 | 157,155 | (161,136) | (50,000) | 70,580 | |
| Restricted | funds | 7,800 | (1,620) | 6,180 | ||
| 124,561 | 164,955 | (162,756) | 126,760 |
| Analysis | of n | et assets between funds - curre | nt year | ||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | |||
| funds | funds | funds | |||
| 2023 | 2023 | 2023 | |||
| Tangible | fixed | assets | 6,168 | 6,168 | |
| Current | assets | 31,796 | 136,272 | 168,068 | |
| Creditors | due | within one year | (16,947) | (16,947) | |
| Total | 31,796 | 125,493 | 157,289 |
| Analysis | of n | et assets between funds - prior | year | ||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | |||
| funds | funds | funds | |||
| 2022 | 2022 | 2022 | |||
| Tangible | fixed | assets | 6,988 | 6,988 | |
| Current | assets | 6,180 | 127,598 | 133,778 | |
| Creditors | due | within one year | (14,006) | (14,006) | |
| 6,180 | 120,580 | 126,760 |