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|Trustee report||||1-8|
|independent|examiner's||report||
|Statement of|financial|activities||10|
|Balance sheet||||11-12|
|Statement of|cash flows|||13|
|Notes to the financial||statements||14-27|
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2023|2023|2023|2022|2022|2022|
|||Notes|E|E|E|E||E|
|Income from:|||||||||
|Grant income|and||||||||
|donations|||87,547|272,383|359,930|88,038|345,708|433,746|
|Charitable
activities|||183,402||183,402|143,862||143,862|
|Investments|||41||41|6||6|
|Totalincome|||270,990|272,383|543,373|231,906|345,708|577,614|
|~Edi|||||||||
|Charitable
activities||5|278,365|278,580|556,945|200,274|320,934|521,208|
|Net (expenditure)/income||for|||||||
|the year/|||||||||
|Net movement|in funds||(7,375)|(6,197)|(13,572)|31,632|24,774|56,406|
|Fund balances|at 1April||||||||
|2022|||131,655|24,774|156,429|100,023||100,023|
|Fund balances|at31||||||||
|March 2023|||124,280|18,577|142,857|131,655|24,774|156,429|
##
||||2023||2022||
|---|---|---|---|---|---|---|
|||Notes|f||f||
|Fixed assets|||||||
|Tangible assets||10||21,835||29,120|
|Current assets|||||||
|Debtors|||60,511||76,663||
|Cash at bank and in|hand||110,569||201,093||
||||171,080||277,756||
|Creditors: amounts|falling due within||||||
|one year||12|(50,058)||(150,447)||
|Net current assets||||121,022||127,309|
|Total assets less current liabilities||||142,857||156,429|
|Income funds|||||||
|Restricted funds||14||18,577||24,774|
|Unrestricted
funds||||124,280||131,655|
|||||142,857||156,429|
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||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
||||Notes|E|||E||
|Cash flows from operating|activities||||||||
|Cash (absorbed
by)/generated
from|||19||||||
|operations||||||(90,565)||39,131|
|Investing activities|||||||||
|Purchase oftangible fixed|assets||||||(27,297)||
|Investment
income received||||41|||6||
|Net cash generated
from/(used||in)|||||||
|investing activities||||||41||(27,291)|
|Net cash used in finandng|activities||||||||
|Net (decrease)/increase
in cash||and cash|||||||
|equivalents||||||(90,524)||11,840|
|Cash and cash equivalents|at beginning of||year|||201,093||189,253|
|Cash and cash equivalents|at end ofyear|||||110,569||201,093|
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|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2023|2023|2023|2022|2022|2022|
|||f|f|f|f|f|f|
|Donations|and gifts|963||963|3,363|680|4,043|
|Grants receivable||86,584|272,383|358,967|84,675|345,028|429,703|
|||87,547|272,383|359,930|88,038|345,708|433,746|
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|Charitable|Charitable|
|---|---|
|income|income|
|2023|2022|
|f||
|183,402|143,862|
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2023|2022|
|||f|f|
|Interest|receivable|41||
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||||Charitable|Charitable|
|---|---|---|---|---|
||||Expenditure|Expenditure|
||||2023|2022|
||||f|f|
|Staff costs|||196,124|199,940|
|Depreciation|and impairment||7,284|1,978|
|Project Management|||59993|37,513|
|Resources|||15,536|30,007|
|Freelance Artists|||81,351|70,368|
|Management|and Leadership|||8,269|
|Specialist Support|||325|18,236|
|Advertising|||8,738|9,492|
|Equipment||||2,684|
|Sundry expenses|||1,492|866|
|Venue Hire|||7,374|4,811|
|Travel|||25,431|10,394|
||||403,648|394,558|
|Share ofsupport costs (see note 6)|||93,929|63,028|
|Share ofgovernance||costs (see note 6)|59,368|63,622|
||||556,945|521,208|
|Analysis by|fund||||
|Unrestricted|funds||278,365|200,274|
|Restricted funds|||278,580|320,934|
||||556,945|521,208|
|6|Support costs|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||Support|Governance|20235upport||costs|Governance|2022|
||||COStS|COStS||||costs||
||||E|||||||
||Staff costs||51,529|49,589|101,118|24,645||50,543|75,188|
||Printing
and stationery||3,735||3,735||2,676||2,676|
||Staff training||471||471||640||640|
||Rent||25,418||25,418|24,252|||24,252|
||Property repairs||2,443||2,443||962||962|
||Insurance||2,667||2,667||3,209||3,209|
||Computer
running|costs|||||243||243|
||Traveling||3,904||3,904||972||972|
||Postage and delivery||178||178||494||494|
||Telecommunications||2,177||2,177||2,353||2,353|
||Sundry expenses||1,407||1,407||2,582||2,582|
||Audit fees|||||||4,000|4,000|
||Accountancy|||2,100|2,100|||2,634|2,634|
||Legal and professional|||7,567|7,567|||6,334|6,334|
||Bank charges|||112|112|||111|111|
||||93929|59,368|153,297|63,028||63,622|126,650|
||Analysed between|||||||||
||Charitable
activities||93,929|59,368|153,297|63,028||63,622|126,650|
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|The analysis ofauditor's
remuneration|The analysis ofauditor's
remuneration|The analysis ofauditor's
remuneration|The analysis ofauditor's
remuneration|is as follows:|||
|---|---|---|---|---|---|---|
|Fees payable tothe||charity's|auditor|and associates:|2023|2022|
||||||E|E|
|Audit ofthe charity's||annual|accounts|||4,000|
|Non-audit
services|||||||
|All other non-audit|services||||2,100|1,871|
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|||2023|2022|
|---|---|---|---|
|||Number|Number|
|||15|17|
|Employment|costs|2023|2022|
|||E|E|
|Wages and salaries||272,605|253,756|
|Social security costs||19,003|16,472|
|Other pension costs||5,634|4,900|
|||297,242|275,128|
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|10|Tangible fixed assets|Tangible fixed assets|||||||
|---|---|---|---|---|---|---|---|---|
|||||Leasehold land|Plant and|fixtures and|Computers|roses|
|||||and buildings|equipment|flnings|||
|||||f|f|f|||
||Cost||||||||
||At 1April 2022|||3,878|12,974|8,526|19,568|44,946|
||At 31March|2023||3,878|12,974|8,526|19,568|44,946|
||Depreciation|and impairment|||||||
||At 1April 2022|||3,878|257|8,197|3,495|15,827|
||Depreciation|charged|in the year||3,180|83|4,021|7,284|
||At 31March|2023||3,878|3,437|8,280|7,516|23,111|
||Carrying amount||||||||
||At 31March|2023|||9,537|246|12,052|21,835|
||At 31March|2022|||12,718|329|16,073|29,120|
|11|Debtors||||
|---|---|---|---|---|
||||2023|2022|
||Amounts
falling due within one year:||f|f|
||Trade debtors||53,122|58,825|
||Prepayments
and accrued income||7,389|17,838|
||||60,511|76,663|
|12|Creditors: amounts
falling due within one year||||
||||2023|2022|
|||Notes|f|f|
||Other taxation and social security||5,074|5,573|
||Deferred income||34,386|124,456|
||Trade creditors||411|5,700|
||Other creditors||1,263|1,281|
||Accruals and deferred income||8,924|13,437|
||||50,058|150,447|
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||||2023|2022|
|---|---|---|---|---|
||||f|f|
|Other|deferred|income|34,386|124,456|
||||2023|2022|
|---|---|---|---|---|
|Deferred|income at|1April 2022|124,456|101,954|
|Released|from previous
periods||(103,770)|(90,694)|
|Resources|deferred|in the year|~13700|113196|
|Deferred|income at|31March 2023|~34386|~124456|
##
||Movement|in funds||Movement|in funds||
|---|---|---|---|---|---|---|
||Incoming|Resources|Balance at|Incomllig|Reseurces|Balance at|
||resources|expended|1npdl2022|resources|expended|31March 2023|
||||E||||
|Tyne &Wear and|||||||
|Northumberland|||||||
|Community
foundation|12,740|(12,740)||11,260|(11,260)||
|NHS North of England|51,371|(51,371)||101,055|(101,055)||
|gallinger
Charitable
Trust|17,500|(17,500)||14,391|(14,391)||
|Arts Council England,|||||||
|Ambition for Excellence|46,961|(46,961)||13,050|(13,050)||
|County Durham Sport|6,592|(6,592)|||||
|Tees Valley Sport|1,250|(1,250)|||||
|Children's
Heart Unit fund|43,063|(43,063)||45,661|(45,661)||
|Durham
County Council|43,100|(43,100)||10,000|(10,000)||
|Arts Council England,|||||||
|Culture
Recovery Fund 2.0|72,285|(72,285)|||||
|County Durham|||||||
|Community
Foundation|4,612|(4,612)||22,387|(22,387)||
|Children
in Need|27,790|(3,016)|24,774||(6,197)|18,577|
|SirJames Knott Trust|10,000|(10,000)||10,000|(10,000)||
|The Children's
Foundation|8,444|(8,444)||8,081|(8,081)||
|Arts Council England|||||||
|(Digitallntern)||||8,000|(8,000)||
|Middlesbrough
Council||||13,100|(13,100)||
|North East and North|||||||
|Cumbria
Congenital
Heart|||||||
|Disease Network
(NENC|||||||
|CHD Network)||||5,849|(5,849)||
|St Oswald's
Hospice||||2,160|(2,160)||
|Tyne and Wear Archives|||||||
|and Museums||||7,389|(7,389)||
||345,708|(320,934)|24,774|272,383|(278,580)|18,577|
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|15|Analysis|ofnet assets|ofnet assets|between|funds||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted|Total|Unrestricted||Restricted||||Total|
||||||funds|funds||funds||funds|||||
||||||2023|2023|2023|2022|||2022|||2022|
||||||f|f|f|f||||f||f|
||Fund balances at||31||||||||||||
||March 2023 are||||||||||||||
||represented
by:||||||||||||||
||Tangible|assets|||3,258|18,577|21,835|4,346||24,774|||29,120||
||Current||||||||||||||
||assets/(liabilities)||||121,022||121,022|127,309|||||127,309||
||||||124,280|18,577|142,857|131,655||24,774|||156,429||
|16|Financial|commitments,||guarantees
and contingent
liabilities|||||||||||
||In 2021,|litigation|was|brought|about|by a third
party|in relation to employment|||law.|This|litigation||was|
||resolved|in August|2023 in favour of TIN|||Arts Limited.|||||||||
|17|Operating|lease commitments|||||||||||||
||At the reporting||end date the||charity
had outstanding||commitments|for future|minimum||lease payments||||
||under non-cancellable|||operating|leases,|which fall due as follows:|||||||||
|||||||||||2023||||2022|
||||||||||||f|||f|
||Within one year|||||||||5,040||||5,265|
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|Cash generated
from operations|Cash generated
from operations|Cash generated
from operations|Cash generated
from operations||2023|2022|
|---|---|---|---|---|---|---|
||||||E|E|
|(Deficit)/surpus
for|the year||||(13,572)|56,406|
|Adjustments
for:|||||||
|Investment
income|recognised||in statement|offinancial activities|(41)|(6)|
|Depreciation
and impairment||oftangible fixed assets|||7,284|1,978|
|Movements
in working capital:|||||||
|Decrease/(increase)|in debtors||||16,153|(53,611)|
|(Decrease)/increase|in creditors||||(10,319)|11,862|
|(Decrease)/increase|in deferred||income||(90,070)|22,502|
|Cash (absorbed by)/generated|||from operations||(90,565)|39,131|