| Pages | |||
|---|---|---|---|
| Trustees' Annual Report |
2to 4 | ||
| Independent Examiner's Report |
|||
| Statement of Fina ncia |
I Activities | ||
| Summary Income and |
Expenditure | Account | |
| Balance Sheet | |||
| Notes to the Accounts | 9to16 | ||
| Detailed Statement of |
Financial Activities | 17to 18 |
| for the year | ended | 31March | 2023 | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| 2023 | 2023 | 2023 | 2022 | ||||
| Notes | E | E | f | f | |||
| Income and | endowments | ||||||
| from: | |||||||
| Donations | and legacies | 179,109 | 55,133 | 234,242 | 243,455 | ||
| Charitable | activities | 1,663 | 1,663 | ||||
| Other trading activities | 28,511 | 28,511 | 54,971 | ||||
| Other | 18,925 | ||||||
| Total | 209,283 | 55,133 | 264,416 | 317,351 | |||
| Expenditure | on: | ||||||
| Raising funds | 1,500 | 1,500 | |||||
| Other | 223,160 | 34,977 | 258,137 | 266,046 | |||
| Total | 224,660 | 34,977 | 259,637 | 266,046 | |||
| Net gains on | investments | ||||||
| Net income | 10 | (15,377) | 20,156 | 4,779 | 51,305 | ||
| Transfers between | funds | ||||||
| Net income gains/(losses) |
before | other | (15,377) | 20,156 | 4,779 | 51,305 | |
| Other gains | and losses | ||||||
| Net movement in funds |
(15,377) | 20,156 | 4,779 | 51,305 | |||
| Reconciliation offunds: |
|||||||
| Total funds brought | forward | 51,305 | 51,305 | ||||
| Total funds carried | forward | 35,928 | 20,156 | 56,084 | 51,305 |
| 2023 | 2022 | ||
|---|---|---|---|
| f | E | ||
| Income | 264,416 | 317,351 | |
| Gross income for the year | 264,416 | 317,351 | |
| Expenditure | 259,364 | 265,722 | |
| Interest payable | 57 | ||
| Depreciation | and charges for | ||
| impairment | offixed assets | 273 | 267 |
| Total expenditure for the year |
259,637 | 266,046 | |
| Net income | before tax for the year | 4,779 | 51,305 |
| Net income | for the year | 4,779 | 51,305 |
| at 31March 20 | 23 | 23 | 23 | 23 | |||
|---|---|---|---|---|---|---|---|
| Company No. |
CE023324 | Notes | 2023 | 2022 | |||
| f | f | ||||||
| Fixed assets | |||||||
| Tangible assets | 12 | 2,118 | 652 | ||||
| Investments | 13 | 1 | 1 | ||||
| 2,119 | 653 | ||||||
| Current assets | |||||||
| Debtors | 14 | 27,352 | 10,016 | ||||
| Cash at bank | and | in hand | 49,065 | 77,586 | |||
| 76,417 | 87,602 | ||||||
| Creditors: Amount | falling due within one year | 15 | (22,452) | (36,950) | |||
| Net current assets | 53,965 | 50,652 | |||||
| Total assets less | current | liabilities | 56,084 | 51,305 | |||
| Net assets excluding | pension asset or liability | 56,084 | 51,305 | ||||
| Total net assets | 56,084 | 51,305 | |||||
| The funds ofthe | charity | ||||||
| Restricted funds | 16 | ||||||
| Restricted income |
funds | 20,156 | |||||
| 20,156 | |||||||
| Unrestricted funds |
16 | ||||||
| Genera I funds |
35,928 | 51,305 | |||||
| 35,928 | 51,305 | ||||||
| Reserves | 16 | ||||||
| Total funds | 56,084 | 51,305 |
| last year and no chan | last year and no chan | last year and no chan | last year and no chan | ges have been made to accounts for previous years. |
||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Fund accounting | ||||||||||
| Unrestricted | funds | These are available for use at the discretion ofthe trustees | in furtherance | of | the | |||||
| general objects ofthe charity. | ||||||||||
| Designated | funds | These are unrestricted funds earmarked by the trustees |
for particular | purposes. | ||||||
| Revaluation | funds | These are unrestricted funds which include a revaluation |
reserve representing | the | ||||||
| restatement of investment assets at their market values. |
||||||||||
| Restricted | funds | These are available for use subject to restrictions imposed |
by the donor | or | through | |||||
| terms of an appeal. | ||||||||||
| Income | ||||||||||
| Recognition | of | Income is included in the Statement of Financial Activities |
(SoFA) when | the | charity | |||||
| income | becomes entitled to, and virtually certain to receive, the |
income and the | amount of | |||||||
| the income can be measured with sufficient reliability. |
||||||||||
| Income with | related | Where income has related expenditure the income and |
related expenditure | is | ||||||
| expenditure | reported gross in the SoFA. |
|||||||||
| Donations | and | Voluntary income received by way ofgrants, donations and gifts is included |
in the | |||||||
| legacies | the SoFA when receivable and only when the Charity has |
unconditional | ||||||||
| entitlement to the income. |
||||||||||
| Tax reclaims | on | Income from tax reclaims is included in the SoFA at the same time as the |
||||||||
| donations | and | gifts | gift/donation to which it relates. |
|||||||
| Donated services | These are only included in income (with an equivalent amount in expenditure) |
|||||||||
| and facilities | where the benefit to the Charity is reasonably quantifiable, |
measurable | and | |||||||
| material. | ||||||||||
| Volunteer | help | The value ofany volunteer help received is not included |
in | the accounts. | ||||||
| Investment | income | This is included in the accounts when receivable. |
||||||||
| Gains/(losses) | on | This includes any gain or loss resulting from revaluing investments to market |
value | |||||||
| revaluation | of | fixed | at the end ofthe year. | |||||||
| assets | ||||||||||
| Gains/(losses) | on | This includes any gain or loss on the sale of investments. |
||||||||
| investment | assets |
| 3 |
Statement | of Financial | Activities - prior y | ear | ||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||||
| funds | funds | Total funds | ||||||
| 2022 | 2022 | 2022 | ||||||
| Income and endowments | from: | |||||||
| Donations | and legacies | 223,615 | 19,840 | 243,455 | ||||
| Other trading activities |
54,971 | 54,971 | ||||||
| Other | 18,925 | 18,925 | ||||||
| Total | 297,511 | 19,840 | 317,351 | |||||
| Expenditure | on: | |||||||
| Other | 246,206 | 19,840 | 266,046 | |||||
| Total | 246,206 | 19,840 | 266,046 | |||||
| Net | income | 51,305 | 51,305 | |||||
| Net | income before other | |||||||
| gains/(losses) | 51,305 | 51,305 | ||||||
| Other gains and losses: | ||||||||
| Net | movement | in funds | 51,305 | 51,305 | ||||
| Reconciliation | offunds: | |||||||
| Total funds carried forward | 51,305 | 51,305 | ||||||
| 4 | Income from donations | and legacies | ||||||
| Unrestricted | Restricted | Total | Total | |||||
| 2023 | 2022 | |||||||
| Donations | 65,178 | 65,178 | 10,000 | |||||
| Grants | 113,931 | 55,133 | 169,064 | 233,455 | ||||
| 179,109 | 55,133 | 234,242 | 243,455 | |||||
| 5 | Income from charitable | activities | ||||||
| Unrestricted | Total | Total | ||||||
| 2023 | 2022 | |||||||
| 1,663 | 1,663 | |||||||
| 1,663 | 1,663 | |||||||
| 6 | Income from other trading activities | |||||||
| Unrestricted | Total | Total | ||||||
| 2023 | 2022 | |||||||
| Fundraising | costs | 28,511 | 28,511 | 54,971 | ||||
| 28,511 | 28,511 | 54,971 | ||||||
| Page | 12 |
| 7 | Other income | |||||
|---|---|---|---|---|---|---|
| Total | Total | |||||
| 2023 | 2022 | |||||
| Covid-19 support grants |
18,925 | |||||
| 18,925 | ||||||
| 8 | Expenditure on raising |
funds | ||||
| Unrestricted | Total | Total | ||||
| 2023 | 2022 | |||||
| Fundraising trading costs |
||||||
| Fundraising costs |
1,500 | 1,500 | ||||
| 1,500 | 1,500 | |||||
| 9 | Other expenditure | |||||
| Unrestricted | Restricted | Total | Total | |||
| 2023 | 2022 | |||||
| Advertising and marketing costs |
8,478 | 8,478 | 20,964 | |||
| Artist fees | 11,909 | |||||
| Project, Workshop and costs |
event | 38,451 | 18,826 | 57,277 | 8,603 | |
| Producer fees | 24,469 | |||||
| Other interest payable | 57 | |||||
| Employee costs | 155,488 | 16,151 | 171,639 | 177,728 | ||
| Motor and travel costs | 7,673 | 7,673 | 7,164 | |||
| Premises costs | 1,035 | 1,035 | ||||
| Amortisation, depreciation, |
||||||
| impairment, profit/loss |
on | 273 | 273 | 267 | ||
| disposal offixed assets | ||||||
| General administrative | costs | 3,651 | 3,651 | 5,504 | ||
| Legal and professional | costs | 8,111 | 8,111 | 9,381 | ||
| 223,160 | 34,977 | 258,137 | 266,046 | |||
| 10 | Net income before transfers | |||||
| 2023 | 2022 | |||||
| This is stated after charging: | E | f | ||||
| Depreciation of owned |
fixed assets | 273 | 267 |
| 11 | Staff costs | ||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Salaries and wages | 140,644 | 158,544 | |||
| Socia I security | costs | 4,030 | 6,913 | ||
| Pension costs | 2,717 | 3,353 | |||
| 147,391 | 168,810 | ||||
| No employee | received emoluments | in excess off60,000. | |||
| 12 | Tangible fixed | assets |
| 12 | Tangible fix | e | d asset | s | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Fixtures and | ||||||||||
| Total | ||||||||||
| equipment | ||||||||||
| Cost or revaluation | ||||||||||
| At 1April 2022 | 919 | 919 | ||||||||
| Additions | 1,739 | 1,739 | ||||||||
| At 31March | 2023 | 2,658 | 2,658 | |||||||
| Depreciation | and | |||||||||
| impairment | ||||||||||
| At 1April 2022 | 267 | 267 | ||||||||
| Depreciation | charge | for the | 273 | 273 | ||||||
| year | ||||||||||
| At 31March | 2023 | 540 | 540 | |||||||
| Net book values | ||||||||||
| At 31March | 2023 | 2,118 | 2,118 | |||||||
| At 31March | 2022 | 652 | 652 | |||||||
| 13 | Investments | |||||||||
| Investment | ||||||||||
| in | ||||||||||
| Subsidiaries | Total | |||||||||
| f | ||||||||||
| Cost or revaluation | ||||||||||
| At 1April 2022 | ||||||||||
| At 31March | 2023 | |||||||||
| Net book values | ||||||||||
| At 31March | 2023 | |||||||||
| At 31March | 2022 | |||||||||
| Investment | in Subsidiaries | |||||||||
| The company | has the following | subsidiary | undertakings: | |||||||
| Capital and | ||||||||||
| reserves at | Profit/(loss | |||||||||
| Country | of | end ofthe | ) for the | |||||||
| incorporation | Class of | N age of | relevant | relevant | ||||||
| Name ofcompany | (ifnot | UK) | shares held | shares held | year | year | ||||
| o/o | f | f | ||||||||
| Take a Part Trading | Limited | Ordinary | 100 |
| 14 | Debtors | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| f | f | ||||||
| Trade debtors | 7,765 | ||||||
| Other debtors | 236 | 360 | |||||
| Prepayments | and accrued income | 27,116 | 1,891 | ||||
| 27,352 | 10,016 | ||||||
| 15 | Creditors: | ||||||
| amounts falling due within one year |
|||||||
| 2023 | 2022 | ||||||
| Trade creditors | 647 | 2,755 | |||||
| Other taxes | and social security | 1,801 | |||||
| Other creditors | 12,070 | ||||||
| Accrua Is | 1,001 | 1,002 | |||||
| Deferred income | 6,933 | 33,193 | |||||
| 22,452 | 36,950 | ||||||
| 16 | Movement | in | funds | ||||
| Incoming | |||||||
| resources | At 31 | ||||||
| (including | Resources | March | |||||
| At 1April | other gains/losses |
expended | 2023 | ||||
| 2022 | ) | ||||||
| f | |||||||
| Restricted funds: | |||||||
| Restricted income funds: | |||||||
| Happier Blue |
Spaces | 55,133 | (34,977) | 20,156 | |||
| Total | 55,133 | (34,977) | 20,156 | ||||
| Unrestricted | funds: | ||||||
| General funds | 51,305 | 209,283 | (224,660) | 35,928 | |||
| Total funds | 51,305 | 264,416 | (259,637) | 56,084 |
| A Part CIO s to the Accounts Analysis ofnet assets between funds |
||
|---|---|---|
| Unrestricted | ||
| Total | ||
| funds | ||
| Fixed assets | 2,118 | 2,118 |
| Investments | 1 | 1 |
| Net current assets | 53,965 | 53,965 |
| 56,084 | 56,084 |
| At 31 | ||||||||
|---|---|---|---|---|---|---|---|---|
| At 1April | March | |||||||
| 2022 | Cash flows | 2023 | ||||||
| f | f | f | ||||||
| Cash and | cash equivalents | 77,586 | (28,521) | 49,065 | ||||
| 77,586 | (28,521) | 49,065 | ||||||
| Net debt | 77,586 | (28,521) | 49,065 | |||||
| Commitments | ||||||||
| Operating | lease commitments | |||||||
| Annual | commitments | under non-cancellable | operating | leases are as follows: | ||||
| 2023 | 2023 | 2022 | 2022 | |||||
| Land | and | Land and | ||||||
| Other | Other | |||||||
| buildings | buildings | |||||||
| f | f | |||||||
| Operating | leases with | expiry date: | ||||||
| Pension | commitments | |||||||
| 2023 | 2022 | |||||||
| f | f | |||||||
| The pension cost charge to the company | ||||||||
| amounted | to: | 2,717 | 3,353 |
| Unrestricted | Restricted | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | Tota Ifunds | ||||||
| 2023 | 2023 | 2023 | 2022 | ||||||
| E | E | E | E | ||||||
| Income and | endowments | from: | |||||||
| Donations and legacies |
|||||||||
| Donations | 65,178 | 65,178 | 10,000 | ||||||
| Grants | 113,931 | 55,133 | 169,064 | 233,455 | |||||
| 179,109 | 55,133 | 234,242 | 243,455 | ||||||
| Charitable activities |
|||||||||
| 1,663 | 1,663 | ||||||||
| 1,663 | 1,663 | ||||||||
| Other trading | activities | ||||||||
| Fundraising | costs | 28,511 | 28,511 | 54,971 | |||||
| 28,511 | 28,511 | 54,971 | |||||||
| Other | |||||||||
| Covid-19 support | grants | 18,925 | |||||||
| 18,925 | |||||||||
| Total income | and endowments | 209,283 | 55,133 | 264,416 | 317,351 | ||||
| Expenditure | on: | ||||||||
| Costs ofother trading | activities | ||||||||
| Fundraising | costs | 1,500 | 1,500 | ||||||
| 1,500 | 1,500 | ||||||||
| Total ofexpenditure funds |
on | raising | 1,500 | 1,500 | |||||
| Other expenditure | |||||||||
| Advertising | and marketing | costs | 8,478 | 8,478 | 20,964 | ||||
| Artist fees | 11,909 | ||||||||
| Project, Workshop costs |
and | event | 38,451 | 18,826 | 57,277 | 8,603 | |||
| Producer fees | 24,469 | ||||||||
| Other interest payable | 57 | ||||||||
| 46,929 | 18,826 | 65,755 | 66,002 | ||||||
| Employee costs | |||||||||
| Salaries/wages | 124,493 | 16,151 | 140,644 | 95,728 | |||||
| Directors' | remuneration | 62,816 | |||||||
| Employer's | NIC | 4,030 | 4,030 | 6,913 | |||||
| Pension costs | 2,717 | 2,717 | 3,353 | ||||||
| Staff entertainment | 105 | 105 | |||||||
| Staff training | 24,143 | 24,143 | 8,918 | ||||||
| 155,488 | 16,151 | 171,639 | 177,728 | ||||||
| Motor and | travel | costs | |||||||
| Travel and | subsistence | 7,673 | 7,673 | 7,164 |
| 7,673 | 7,673 | 7,164 | |||
|---|---|---|---|---|---|
| Premises costs | |||||
| Rent | 1,035 | 1,035 | |||
| 1,035 | 1,035 | ||||
| General administrative | costs, | ||||
| including depreciation |
and | ||||
| amortisation | |||||
| Depreciation of Fixtures and |
273 | 273 | 267 | ||
| equipment | |||||
| Bad debts | 133 | ||||
| Bank charges | 321 | 321 | 277 | ||
| General insurances | 704 | 704 | 411 | ||
| Softwa re, ITsupport costs |
and related | 1,030 | 1,030 | 1,547 | |
| Stationery and printing |
637 | ||||
| Subscriptions | 689 | 689 | 557 | ||
| Sundry expenses | 273 | 273 | 1,353 | ||
| Telephone, fax and broadband |
634 | 634 | 589 | ||
| 3,924 | 3,924 | 5,771 | |||
| Legal and professional | costs | ||||
| Accountancy and bookkeeping |
6,852 | 6,852 | 9,381 | ||
| Other legal and professional costs |
1,259 | 1,259 | |||
| 8,111 | 8,111 | 9,381 | |||
| Total ofexpenditure ofother costs |
223,160 | 34,977 | 258,137 | 266,046 | |
| Total expenditure | 224,660 | 34,977 | 259,637 | 266,046 | |
| Net gains on investments | |||||
| Net income | (15,377) | 20,156 | 4,779 | 51,305 | |
| Net income before other gains/(losses) |
(15,377) | 20,156 | 4,779 | 51,305 | |
| Other Gains | |||||
| Net movement in funds |
(15,377) | 20,156 | 4,779 | 51,305 | |
| Reconciliation offunds: |
|||||
| Total funds brought forward |
51,305 | 51,305 | |||
| Total funds carried forward | 35,928 | 20,156 | 56,084 | 51,305 |