2021-09-30-accounts

		Contents
			Page
Report ofthe Trustees
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Notes tothe Financial Statements			8-12

			Total	Total	Total	Total
		Notes	Unrestricted	Designated	Funds	Funds
			Funds f	Funds	2021	2020
Income from:
Donations and	legacies		154,033	30,547	184,580
Other trading activities			9,548		9,548
Total income			163,581	30,547	194,128
Expenditure on:
Charitable activities			47,272	2,980	50,252
Total expenditure			47,272	2,980	50,252
Net movement	in funds		116,309	27,567	143,876
Reconciliation	offunds
Fund balances	brought forward
Fund balances	carried forward		f116,309	f27,567	f143,876	ENII

			BALANCE SHEET
		AT30SEPTEMBER2021
		Note	2021	2020
FIXEDASSETS
Tangible fixed assets		10	58,481
CURRENT ASSETS
Debtors			904
Cash at bank and in	hand		107,645
			108,549
CREDITORS
Amounts falling due	within
one year		12	23,154
NET CURRENT ASSETS			85,395
NETASSETS			8143,876
FUNDS
Unrestricted funds:	General	13	116,309
Designated funds			27,567
			F143,876

3.	INCOME FROM DONATIONS	INCOME FROM DONATIONS	AND LEGACIES	AND LEGACIES
				Unrestricted	Designated	Total	Total
				Funds	Funds	2021	2020
	Donations and grants			F154,033	F30,547	F184,580	FNil
4.	INCOME FROM TRADING ACTIVITIES
				Unrestricted	Designated	Total	Total
				Funds	Funds	2021	2020
	Trading activities			F9,548	FNil	K9,548	RNil
5.	EXPENDITURE ON CHARITABLE ACTIVITIES
					Direct	Support	Total
					Costs	Costs	2021
						F
	Exhibition costs				22,005		22,005
	Gallery costs				8,711		8,711
	Purchases				144		144
	Heat and light					679	679
	Insurance					6,704	6,704
	ITSupport and computer	expenses				2,557	2,557
	Website costs					928	928
	Cleaning					718	718
	Printing, postage and stationery					51	51
	Storage costs					392	392
	Sundry					125	125
	Travel and accommodation					46	46
	Bank and currency charges					241	241
	Governance costs (note	6)				2,310	2,310
	Depreciation					4,641	4,641
					F30,860	F19,392	F50,252
6.	GOVERNANCE COSTS
						Total	Total
						2021	2020
	Independent examiner's	and accountancy		fees		R2,310	fNil
7.	NET INCOIIE
	Net income for the year	is stated	after charging:			2021	2020
	Independent Examiner's	fees				F1,200	RNil
	Depreciation					K4,641	FNil

STAFF	COSTS
		2021	2020
Salaries
Pension	costs
Freelance workers
		fNil	fNil
Average	number ofemployees	Nil	Nil

TANGIBLE FIXEDASSETS
	Fixtures
	and
	Fittings	Total
Cost
At 1 October 2020
Additions	63,122	63,122
At 30September 2021	f63,122	f63,122
Depreciation
At 1 October 2020
Charge for the year	4,641	4,641
At 30September 2021	E4,641	F4,641
Net BookValue
At 30September 2021	258,481	f.58,481
At 30September 2020	ENil	ENil

11.	DEBTORS
							2021	2020
	P repayments							PNil
12.	CREDITORS		—amounts	falling due within	one year
							2021	2020
							P
	Trade creditors						17,624
	Accruals						5,530
							f23,154	fNil
13.	MOVEMENT		IN FUNDS
	2021			1 October				30September
				2020	Income	Expenditure	Transfers	2021
							F	F
	Unrestricted	funds			163,581	47,272		116,309
	Designated	funds
	Panelock display				30,547	2,980		27,567
	Total Funds			FNil	F194,128	f50,252	ENil	F143,876

Comparative	information	for the pre	vious year	isas follows:
2020		1	October				30	September
			2019 F	Income F	Expenditure	Transfers		2020 f
Unrestricted	funds
TotaIFunds			RNil	RNil	RNII	FNil		fNil

ANALY	SIS OF NET ASSETS BETWEEN	FUNDS
2021		Unrestricted	Designated	Total
		Funds	Funds	Funds
		F
Fixed assets		30,914	27,567	58,481
Current	assets	108,549		108,549
Current	liabilities	(23,154)		(23,154)
As at 30September 2021		F116,309	227,567	8143,876

2020		Unrestricted	Designated	Total
		Funds	Funds	Funds
Current	assets
Current	liabilities
As at 30September 2020				ENil