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|||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|
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|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||||||
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||||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|
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|||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|||||||
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||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||
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||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||
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||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||
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||||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||
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|||||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||
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||||||||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|
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||||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.|
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||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|
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||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|
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|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|
##
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|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|
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|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|
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|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|
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