2024-12-31-accounts - Urban Circle Newport

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			`2024`			`2023`
	`Notes`	`£`			`£`
`Incomefrom:`
`Donations,Grants& legacies`	`3`		`490,903`			`400,758`
`OtherIncome`	`4`		`295,901`			`27,195`
`Totalincome`			`786,804`			`427,953`
`Expenditureon:`
`Charitableactivities`	`5`		`817,103`			`516,500`
`Net(expenditure)/incomefortheyear/`		`-`	`30,299`	`-`		`88,547`
`Netmovementinfunds`
`Fundbalancesat` `1Jan2024`		`-`	`81,651`			`6,896`
`Fundbalancesat31December2024`			`-111,950`	`-`		`81,651`

	`Note`			`2024`		`2023`
		`£`		`£`		`£`
`Currentassets`
`TangibleAssets`	`9`			`6,215`		`6,905`
`CashatBank& inHand`		`5,645`				`4,255`
`Creditors:Amountsfallingdue`
`withinoneyear`	`11`	`-112,649`			`-`	`81,651`
			`-`	`100,789`	`-`	`70,491`
`NetCurrentAssets/(liabilities)`			`-`	`100,789`	`-`	`70,491`
`Totalassetsless`
`currentliabilities`			`-`	`100,789`	`-`	`70,491`
`IncomeFunds`
`UnrestrictedFunds`			`-`	`100,789`	`-`	`70,491`
			`-`	`100,789`	`-`	`70,491`

	`Theestimates`	`and`	`underlyingassumptionsarereviewed`	`on`	`anongoing`	`basis.`	`Revisions` `to`
	`accountingestimates`		`arerecognisedintheperiodinwhichthe`	`estimateisrevisedwheretherevision`
	`affectsonlythat`	`period,orintheperiodoftherevisionandfutureperiodswhere`				`therevisionaffects`
	`bothcurrentand`	`futureperiods.`
`3`	`Grants,Donations`	`&Legacies`
					`2024`		`2023`
					`£`		`£`
	`Grants,Donations`	`&Legacies`			`490,903`		`400,758`
	`GrantsandDonations`
	`AdferiadRecovery`				`10,000`
	`ArtCouncilWales`				`331,649`		`267,656`
	`Arts& BusinessCymru`				`7,219`		`3,094`
	`BaobabFoundation`				`30,000`		`30,001`
	`CrowdFunding`				`3,374`
	`CardiffMetropolitanUniversity`						`4,000`
	`DiverseCymru`				`3,600`		`11,400`
	`G-Expressions`
	`NAEL`				`10,000`		`10,000`
	`NCH`				`1,990`
	`NationalLotteryCommunityFund`						`10,000`
	`NCC`						`37,107`
	`PCC`				`49,230`
	`POBL`				`18,000`
	`SizeofWales`				`390`
	`SPFHeritage Grant`				`15,000`
	`Tycredd`				`450`
	`UniversityofSouth`	`Wales`			`10,000`		`27,500`
				`490,903`			`400,758`
`4`	`OtherIncome`				`2024`		`2023`
					`£`		`£`
	`DanceClass`				`347.19`		`3207`
	`FestivalIncome`				`134105`		`2470`
	`FestivalTraderFee`				`3523`

	`HMRC- VAT`		`10412`	`10412`	`18235`
	`Insuranceclaim`			`1191`
	`Income`			`5000`
	`OtherIncome`			`1355`	`1675`
	`NewportCityCouncil(SPF)`		`119572`
	`R&RTradersPitchFee`			`558`
	`Training`		`11969`		`1608`
	`WLGA`			`6940`
	`Reversed`			`929`
			`295901`		`27195`
`Iwn`	`CharitableActivities`			`2024`	`2023`
				`£`	`£`
	`ShareofSupportcost(seenote6)`		`804,160`		`516,501`
	`ShareofGovernancecosts(seenote`	`6)`		`12,943`
			`817,103`		`516,501`
`Inv`	`SupportCost`
		`SupportCost`	`Governance`	`2024`
			`£`	`£`
	`AccountantFee`		`9,130`	`9,130`
	`Accruals`			`4,879`
	`AdvertisingandMarketing`			`8,474`
	`ApplicationFee`			`0`
	`ArtistFee`			`37,966`
	`BankCharges`			`0`
	`BusinessRates`			`0`
	`Clothing`			`305`
	`CarHire`			`139`
	`Computerconsumables`			`4,113`
	`CharityDonation`			`700`
	`ConsultancyandProfessionalFees`			`68,104`
	`EmployeeRelatedExpenses`			`1,160`
	`Entertainment`			`185`
	`Equipment`			`663`
	`EquipmentHire`			`94,076`
	`EquipmentRepair`			`0`
	`FestivalCosts`			`58,885`
	`HotelandAccommodation`			`48,885`
	`Insurance`			`850`
	`LegalFees`			`70`
	`ManagementFees`			`7,500`
	`MediaSubscription`			`0`
	`Misc`			`365`
	`OverseasEntertainment`			`0`
	`OtherDirectCosts`			`16,099`

`PAYE/ENIC`	`72,117`		`72,117`	`10,164`
`Pension`	`2,445`		`2,445`	`4,444`
`PostageandCarriage`			`(ŵ)`	`18`
`Printing`	`1,540`		`1,540`	`1,020`
`ProjectStaffs`	`25,510`		`25,510`	`0`
`ProfessionalFees`	`35,618`		`35,618`	`5,076`
`Purchases`	`96`		`96`	`0`
`Rent`		`3,813`	`3,813`	`3,840`
`RepairsandMaintenance`	`2,628`		`2,628`	`0`
`Software`			`0`	`144`
`Storage`	`360`		`360`	`864`
`StudioHire`	`3,180`		`3,180`	`0`
`Subcontractor`	`14,388`		`14,388`	`26,379`
`Subscription`	`2,083`		`2,083`	`1,428`
`Subsistence`	`2,775`		`2,775`	`8,202`
`Sundry`	`7`		`7`	`128`
`TelephoneandInternet`	`2,664`		`2,664`	`3,001`
`Training`	`4,781`		`4,781`	`2,657`
`TravelInsurance`			`0`	`774`
`Travelling`	`26,147`		`26,147`	`23,929`
`VehicleFuel`			`0`	`1,522`
`VenueHire`	`1,918`		`1,918`	`18,789`
`VisaCosts`	`3,936`		`3,936`	`1,446`
`Wagesandsalaries`	`242,369`		`242,369`	`197,815`
`WasteManagement`	`5,490`		`5,490`	`0`
`Depreciation`	`691`		`691`	`767`
	`804,160`	`12,943`	`817,103`
`AnalysedbetweenCharitable`
`activities`	`804,160`	`12,943`	`817,103`	`516,500`

`Employmentcosts`	`2024`
`Wagesandsalaries`	`242,369`
`PAYE/ENIC` `Otherpensioncosts`	`72,117` `2,445`
	`316,931`

`Tangiblefixedassets`
	`2024`
	`Computers`		`Total`
`Cost`
`At1 Jan2024`
`At31Dec2024`
`Depreciationandimpairment`
`At1 Jan2024`				`767`
`Depreciationchargedintheyear`
`NBVAt31Dec2024`				`6,905`
`Creditors:amountsfallingduewithinoneyear`
		`2024`
		`£`
`Accruals`		`4879`
`OtherTaxesandNationalInsurance`		`99664`
`Pensions`		`6889`
`Creditor(Staffreimbursement)`		`1216`
		`112649`
`Analysisofnetassetsbetweenfunds`
`TangibleAssets`
`NetCurrentAssets/(liabilities)`