## ||||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|