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





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||||Total|Total|Total|Total|
|---|---|---|---|---|---|---|
|||Notes|Unrestricted|Designated|Funds|Funds|
||||Funds<br>f|Funds|2021|2020|
|Income from:|||||||
|Donations<br>and|legacies||154,033|30,547|184,580||
|Other trading<br>activities|||9,548||9,548||
|Total income|||163,581|30,547|194,128||
|Expenditure<br>on:|||||||
|Charitable<br>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|





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||||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<br>falling due|within||||
|one year||12|23,154||
|NET CURRENT ASSETS|||85,395||
|NETASSETS|||8143,876||
|FUNDS|||||
|Unrestricted<br>funds:|General|13|116,309||
|Designated<br>funds|||27,567||
||||F143,876||





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|3.|INCOME FROM DONATIONS|INCOME FROM DONATIONS|AND LEGACIES|AND LEGACIES||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Designated|Total|Total|
|||||Funds|Funds|2021|2020|
||Donations<br>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,<br>postage and stationery|||||51|51|
||Storage costs|||||392|392|
||Sundry|||||125|125|
||Travel and accommodation|||||46|46|
||Bank and currency charges|||||241|241|
||Governance<br>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<br>examiner's|and accountancy||fees||R2,310|fNil|
|7.|NET INCOIIE|||||||
||Net income for the year|is stated|after charging:|||2021|2020|
||Independent<br>Examiner's|fees||||F1,200|RNil|
||Depreciation|||||K4,641|FNil|





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



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|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|





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|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<br>|for the pre|vious year|isas follows:|||||
|---|---|---|---|---|---|---|---|---|
|2020||1|October||||30|September|
||||2019<br>F|Income<br>F|Expenditure|Transfers||2020<br>f|
|Unrestricted|funds||||||||
|TotaIFunds|||RNil|RNil|RNII|FNil||fNil|



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|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|



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