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2023-03-31-accounts

			Page
Report ofthe Trustees		1	to	7
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial Statements		11	to	17

							Period
							22.2.21
						Year ended	to
						31.3.23	31.3.22
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes	f	6	f
INCOME AND ENDOWMENTS		FROM
Donations and legacies			2	50,000		50,000	203,491
Charitable activities
Organisation of networking	events			75,000		75,000
Total				125,000		125,000	203,491
EXPENDITURE ON
Charitable activities
Promoting Art				63,090	48,075	111,165	153,588
NET INCOME/(EXPENDITURE)				61,910	(48,075)	13,835	49,903
RECONCILIATION OF FUNDS
Total funds brought forward				1,828	48,075	49,903
TOTAL FUNDS CARRIED	FORWARD			63,738		63,738	49,903

	BLESSEDFOUNDATION
	BALANCE SHEET
	31 MARCH 2023
		2023	2022
	Notes	5
FIXEDASSETS
Tangible assets		2,251
CURRENT ASSETS
Cash at bank		63,689	63,491
CREDITORS
Amounts falling due within one year	10	(2,202)	(13,588)
NET CURRENT ASSETS		61,487	49,903
TOTAL ASSETSLESS CURRENT
LIABILITIES		63,738	49,903
NETASSETS		63,738	49,903
FUNDS Unrestricted funds Restricted funds	12	63,738	1,828 48,075
TOTAL FUNDS		63,738	49,903

3.	INCOME F	RO		M	CHA	RITAB	LE A	CTIVIT	IES
													Period
													22.2.21
												Year ended	to
							Activity					31.3.23 f	31.3.22 6
	Charitable activity				income		Organisation		of networking	events		75,000
4.	CHARITABLE			ACTIVITIES COSTS
										Grant
										funding	of
										activities		Support
									Direct	(see note		costs (see
									Costs f	5) 6		note 6) f	Totals f
	Promoting Art								26,775	80,381		4,009	111,165
5.	GRANTS PAYABLE
													Period
													22.2.21
												Year ended	to
												31.3.23 6	31.3.22 f
	Promoting Art											80,381	151,788
	The total grants			paid to institutions				during	the year was as follows:
													Period
													22.2.21
												Year ended	to
												31.3.23	31.3.22
													6
	Cultrunners	Ltd		Admin		& Legal						26,326	17,308
	Arabia Felix	Public			Art	Campaign							1,503
	Ark Relmagined			at Venice Biennale									30,948
	Centre For The			Less Good Idea									8,276
	Healing Arts	Houston				Commission							14,186
	Healing Arts	London										5,219	4,781
	Hospital Rooms												14,185
	Pandemic as Portal											3,490	2,331
	Rain &Bus Shelter				Commissions								17,044
	Sticks is Life												4,828
	Sudan Artist	Fund											4,622
	Yazidi Cultural		Archive									36,222	31,776
	Brooklyn Museum				Commission							3,837
	Marketing											5,287
												80,381	151,788

Governance	costs
				Period
				22.2.21
			Yearended	to
			31.3.23	31.3.22
			Promoting	Total
			Artf	activities 6
Accountancy	fees		534
Independent	examination	fees	1,800	1,800
Legal fees			1,675
			4,009	1,800

During the year no trustees were reimbursed out ofpocket expenses.	During the year no trustees were reimbursed out ofpocket expenses.	During the year no trustees were reimbursed out ofpocket expenses.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		fundf	fundf	funds 6
INCOME AND ENDOWMENTS	FROM
Donations and legacies		3,628	199,863	203,491
EXPENDITURE ON
Charitable activities
Promoting Art		1,800	151,788	153,588
NET INCOME		1,828	48,075	49,903
TOTAL FUNDS CARRIED FORWARD		1,828	48,075	49,903

TANGIBLE	FIXEDAS	SE	TS
								Computer
								equipment
								6
COST
Additions								2,349
DEPRECIATION
Charge for year								98
NET BOOK	VALUE
At 31 March	2023							2,251
At 31 March	2022
CREDITORS: AMOUNTS			FALLING	DUE WITHIN	ONE	YEAR
							2023	2022
							F	f
Other creditors							2,202	13,588
ANALYSIS OF NET ASSETS BETWEEN FUNDS
							2023	2022
				Unrestricted		Restricted	Total	Total
					fundf	fundf	funds f	funds 8
Fixed assets					2,251		2,251
Current assets				63,689			63,689	63,491
Current liabilities				(2,202)			(2,202)	(13,588)
				63,738			63,738	49,903
MOVEMENT	IN FUNDS
							Net
							movement	At
						At 1.4.22	in funds	31.3.23
						6	8	8
Unrestricted	funds
General fund						1,828	61,910	63,738
Restricted funds
The Future is Unwritten		Artist
Response Fund						48,075	(48,075)
TOTAL FUNDS						49,903	13,835	63,738

Net movement	in funds,	inclu	d	ed in the above	are as follows:
					Incoming	Resources	Movement
					resources F	expended f	in funds 6
Unrestricted	funds
General fund					125,000	(63,090)	61,910
Restricted funds
The Future is	Unwritten	Artist
Response Fund						(48,075)	(48,075)
TOTAL FUNDS					125,000	(111,165)	13,835
Comparatives	for movement			in funds
						Net
						movement	At
						in funds	31.3.22
						6	6
Unrestricted	funds
General fund						1,828	1,828
Restricted funds
The Future is	Unwritten	Artist
Response Fund						48,075	48,075
TOTAL FUNDS						49,903	49,903
Comparative	net movement		in	funds, included	in the above are as follows:
					Incoming	Resources	Movement
					resources f	expended 6	in funds f
Unrestricted	funds
General fund					3,628	(1,800)	1,828
Restricted funds
The Future is	Unwritten	Artist
Response Fund					199,863	(151,788)	48,075
TOTAL FUNDS					203,491	(153,588)	49,903