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|||Page|
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|Legal and administrative|information||
|Trustees' report|||
|Independent
examiner's|report||
|Statement
offfinancial|activities|10|
|Balance sheet|||
|Notes to the financial statements|||
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||||||Unrestricted||Restricted||Tote)||Totai|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Funds||Funds||Funds||Funds|
|||||Note|2023||2023||2023||2022|
|INCOME AND ENDOWMENTS|||FROM:|||||||||
|Charitable
activities||||2|186,328||78,000||276,328||379,275|
|TOTAL|||||186,328||79,000||278,328||379,275|
|EXPENDITURE ON:||||||||||||
|Raising funds||||||||||||
|Costs ofgenerating||voluntary||||||||||
|income
Charitable
activities|||||4,800
101040||4,800
130020330075||||20!827|
|TOTAL EXPENDITURE||||4|105049||130001||315475||250827|
||||||478||(60,626)||(60,147)||122,448|
||||||478||(60,626)||(609147)||122,448|
||Of.|WMR'|—.|||||||||
|%NAL REiEKAT|1APRIL2022||||43,558||141,439||184,997||62,549|
|TOTAL FUNDS AT|31MARCH||2023||044,1OB|5|00513|0|124250|5|104.997|
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|||Notes||||||
|---|---|---|---|---|---|---|---|
||||||31March||31Afarch|
||||||2023||2022|
||||||8|||
|CURRENT ASSETS||||||||
|Debtors|||||13,850||4,000|
|Cash at bank and in hand|||||11S,SSO||195,506|
||||||133,840||199,506|
|CREDITORS: amounts|falling due|||||||
|within one year|||||(8,780)||(14,509)|
|NET CURRENT ASSETS|||||||184,997|
|TOTAL ASSETSLESS|CURRENT|||||||
|LIABILITIES|||||||184,997|
|TOTAL NET ASSETS||||8|124,850|i|184,997|
|FUNDS||||||||
|Unrestricted
funds
General fund||10|||44,037|~5%I||
||||||44PSl||44558|
|R stricted funds||10|||SIGNS||fdt,dSS|
|||||' E|- QQN ~...—;|=-'4'|sSSI(S(8F|
|The financial
sltdemeras
have been prepsied
fn tasiitstrate
cazmi
aemewaaaeariacaaeeieaeel||||wMt-sta apacfsFiisdtiiia
SiIIISI%4&Etc
iiheii Wietiavi~isaetei||||
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||Unrestricted|Unrestricted||Restricted||Total||Total|
|---|---|---|---|---|---|---|---|---|
|||Funds||Funds||Funds||Funds|
|||2023||2023||2023||'2022|
|||6||8||8|||
|Grants for services|||||||||
|Events and exhibitions||102760||70000 ,||201760,||378,160|
|||182,780||78,000||261,760||378,160|
|Fee income||13,568||||13,568||1,115|
||8|10022s|8|70000|8|278220|2|370270|
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|||Unrestricted|Unrestricted|Restricted||||Total|
|---|---|---|---|---|---|---|---|---|
||||Funds|Funds||||Funds|
||||2022|2022||||2022|
|||||||||5|
||||15E,750|225400||||3701st|
||||15?750|228i,400.||||378,150|
||||4115|||||10115|
|||||||||2022|
|||||||||6|
|Arts Council Enghnd||||||||197,780|
|Art Fund||||||||40,000|
|Creabve Scotland|||||||||
|Esmee Fairbaim||||||44,000||40,000|
|Garfield Weston||||||30,000|||
|Hutchins Center forAfrican &AMcan||American|Research|||||6,000|
|Henry Moore Foundation||||||10,000|||
|Outset Contemporary|Ait Fund|||||25,000|||
|Paul Hamyln
Foundation||||||||71,000|
|Paul Mellon Centre||||||||11,500|
|Prism - The Gift Fund||||||||7,000|
||||||2|261 700|2|3T0,100|
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|RESOURCESEKPENDED|||||||||Total||Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
||Direct||Staff|Other direct|||Support||Funds||Funds|
||||Costa||CoatS||CostS||2023||2022|
||||6||6||6||F||8|
|Cost ofcharitable||||||||||||
|activities||||||||||||
|Events and exhibitions||46,834|||252,835||30,$06||330,875||258,827|
|Total charitable
expenditure|||||||30~||330,675||258,827|
|Costs cfnerstirg||||||||||||
|voiunbay
income||||||||||||
||8|ESsss||5|887885|5|seats|8|esetsss|8|25e827|
|Oclnpara8ve costofchalSab&„aggv65as||||||||||||
|||Diect.s8stf.||OMerc0act||||||||
||||costs||cosfs||||||Total 2022|
||||6||||||||8|
|Castofaarftabts||||||||||||
|acdvgfes||||||||||||
|&enfs and exhibitions|||||191,706||21,029||||258,827|
|Total chant able||||||||||||
|expenditure||44,092|||191,706||21,029||||256,827|
|||44D92||8|797.755|2|27D29||||255,827|
|SUPPORT COSTS|||||||||Total||Total|
||||||||||Funds||Funds|
||||||||||2023||2022|
||||||||||6|||
|Premises and office costs|||||||||85416||4368|
|Legal and professional|||||||||13E282||0,687|
|Trustees 8 meeting expenses|||||||||~v818||1,006|
|Independent
Examination|Fee||||||||1,780||1/SO|
|independent
Examiner other||fees|||||||'745||1.190|
|Other costs|||||||||2I286||2,738|
|STAFF NUMBERS AND COSTS||||||||||||
|Wages and salaries|||||||||45r472||42,557|
|Social security costs|||||||||286||523|
|Pension costs|||||||||1,177||1,012|
|||||||||6|46,834|8|44,092|
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|DEBTORS|||||
|---|---|---|---|---|
|||31March||31March|
|Due within
one year||2023f||2022f|
|Accrued income|f|13,650
13,650|f|4,000
4,000|
|CREINIORL AIMNBITB FAUJNG DUE WITHIN ONE YEAR|||||
|||31Mach||3f March|
|||2B23
E||2022f|
|.Trade ctetecas|||||
|¹cNI securIy'and5
@hercret5hss|aStartwsss
1,%i2
~SS||I|1~
45MI|
||||4|54.MI|
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|||||||||Transfers|Transfers|and|and|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Brought||Incoming||Resources||invesbnent||||Canfed|
||||Forwardf|Resources
f|||Expended
f|gains/tlossss)|||f||Forwardf|
|RESTRICTED FUNDS
Events and exhibitions|4||141,439
141,449||?8,000
?8000|~138628
f
13862e|||||||80,813|
|SUMMARY OF FUNDS
General Funds
Restricted Funds|4||43,668
144,444
1
88?
$4|f|186,328
144444N
2?
I|(1~
~4441144
f
336|||f|IQ||~f||
|Restriced funds are held forthe|||following purposes:|||||||||||
|Events and exhibitions|fund|is.foracthries for the pub3c||||and art sectom|||natiomffly|and||intemagonaNy||
|that aims at educating|the|public
and.||art|sectors.
Sharing
innovation,
promoting|||||||progress
and||
|diversity and fostering cooperation.||||||||||||||
|Comparative
statement|offunds|||||||||||||
||||||||||Transfers|and||||
||||Brought||Incoming||Resources||investment||||Cam'ed|
||||Forwardf||Resources||Expended
f||gafnsfffosses)||f||Forward
f|
|RESTRICTED FUNDS||||||||||||||
|Events and
hibitiom|23,858
~x144|||4|225,400
4asrr||10?81
.||~e.|||x|fdf.4%
444 s"|
|SUMMARY OFFt84DS
Genaal Ftatds|||SE881||f5'?5||f148~||||||4848SS|
|Funds|||858
548|f|4IN
PS|~0~78f
~E25I~|||f|AM||||
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||||Unrestricted|Unrestricted|Funds||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||Designated|||General||Restricted|||Total|
||||Funds
5||Funds
5||Funds
5|||Fundsf|
|Net current|assets||||44,037||80,013||124,850||
|||8|811|8|44.037|4|00,013|~k1||060|
|Comparative|analysis ofnet|assets between|funds||||||||
||||Unrestricted||Funds||||||
|||Designated|||General||Restricted|||Total|
||||Funds
2||Funds||Fundsf|||Funds|
||||||||141,439||154,997||
|||8|494|8|43830|8|443430|8|184.001||
##
|12 COMPARATIVE STATEMENT OF FINANCIAL ACTIVIllES|12 COMPARATIVE STATEMENT OF FINANCIAL ACTIVIllES||||||
|---|---|---|---|---|---|---|
|||Vnrestncted|||Restricted|Total|
||||Funds||Funds|Funds|
||||2022||2022|2022|
|||||||8|
|INCOME AND ENDOWMENTS|FROM:||||||
|Charitable
activities|||153,875||225,400|379,275|
|EXPENDITURE ON:
Charitable
acbvities|||149~||107,619|256,827|
|Net income|||4,667||117,781|122.448|
|NET MOVEMENT IN FUNDS|||4,867||117,781|122,448|
|TOTAL FUNDS AT 31 MARCH|2021||38,891||23,658|62,549|
|TOTAL FUNDS AT 31 NIARCH|2022|8|43,558|8|141,439 8|184,997|