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|Contents|||||
|---|---|---|---|---|
|Reference and adminsitrative<br>details ......|||||
|Report ofthe|Trustees|.....|||
|Independent|examiner's|report...||..13|
|Statement of|Financial|Activity for the year ended 31December 2022 .||14|
|Balance Sheet as at 31||December 2022..||15|
|Notes forming|part ofthe Financial Statements||for the year ended 31December 2022....|.....,..16-21|





|Charity Registration|Charity Registration|Charity Registration|Number:|1199449||||
|---|---|---|---|---|---|---|---|
|Company|Registration|||12990359||||
|Number:||||||||
|Trustees||||P A aayliss —Appointed|2|March 2022||
|||||F J Fonkenell —Appointed||2 November 2020||
|||||M Dapretto —Appointed||17June 2022 —Resigned 19September|2022|
|||||KTarman —Appointed|on 7October 2022- Resigned 20 December 2022|||
|||||I Alton —Resigned 7October 2022||||
|||||J A Martin —Resigned 2|March 2022|||
|Company|Secretary|||L Mltchelson||||
|Registered||Office||Somerset House Strand||||
|||||562||||
|||||London||||
|||||WC2R 1LA||||
|Independent||examiner||Haines Watts||||
|||||Old Station House||||
|||||Station Approach||||
|||||Newport Street||||
|||||Swin don||||
|||||SN1 3DU||||





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||||Unrestdicted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|
||||2022|2022|2022|2021|
|||Notes||6|6|f|
|Income and endowments|from:||||||
|Donations<br>and legacies||2|223,505||223,505|50,000|
|Total income and endowments|||223,505||223,506|50,000|
|Expenditure<br>on:|||||||
|Charitable<br>activities||3|140,953|6,493|147446|110,641|
|Total Expenditure|||140,953|6,493|147,446|110,641|
|Net Incomel(expenditure)|forthe year||82.552|(6,493)|76,059|(60,641)|
|Transfer between funds|||(19,515)|19,515|||
|Net movement<br>offunds|||63,037|13,022|76,059|60641|
|Reconciliation<br>offunds|||||||
|Total funds<br>brought<br>forward||8|(47,619)|(13,022)|(60,641)||
|Total funds carried fonvard|||14,418||15,418|(60,641)|





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|)<br>Income from donations<br>and g|rants||||
|---|---|---|---|---|
||||Total Funds|TotalFunds|
||||31December|31 December|
||Unrestdicted|Restricted|2022|2021|
|||6|6|6|
|Donations|197,505||197,605||
|Grants received||||50,000|
|Gift aid|26,000||26,000||
||223,505||223,606|50,000|



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|)<br>Analysis ofe|xpenditure<br>on charitable<br>ac|tivities||||
|---|---|---|---|---|---|
|||||Total Funds|Total Funds|
|||||31December|31 December|
|||Unrestricted|Restricted|2022|2021|
|Direct Charitable|and Support costs|8||6|5|
|Direct Protect costs||48,660|6,493|65,163|57,378|
|Staff casts||34,702||34,702||
|Consultant<br>costs||2,179||2,179||
|Other professional|and legal fees|7,103||7,103|26,774|
|Rent and related|expenses|28,859||28,859|12,674|
|Subscriptions||125||125|3,000|
|Office costs||3,183||3,183|1,991|
|Insurance||543||543|149|
|Computer Costs||5,387||6,387|846|
|Repairs and maintenance||68||68|1,136|
|Accountancy||8,712||8,712|2,760|
|Bank charges||278||278|380|
|||139,799|6,493|146,292|107,088|
|Governance costs||1,154||1,154|3,553|
|Total charitable|expenditure|140,953|6.493|147,446|110,641|



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|||||TotalFunds|Total Funds|
|---|---|---|---|---|---|
|||||31December|31March|
|||Unrestricted|Restricted|2022|2021|
|||||6||
|Independent|examination|1,100||1,100|3,540|
|Trustee expenses||41||41||
|Other||13||13|13.|
|||1,154||1,154|3,553|





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|Payrag Details:|2022 Total|2021Total|
|---|---|---|
||E|E|
|Wages and Salaries|34,373||
|Somal Secunty Costs|||
|Pension contributions|330||
||34,703||



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|)<br>De|btors and prepayments|||
|---|---|---|---|
|||31-Dec-22|31-Dec-21|
||||E|
|Prepay|ments|6,633|6,440|
|Other|Debtors|6440|12084|
|||13,073|18,524|



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|||31-Dec-22|31-Dec-21|
|---|---|---|---|
|||E|E|
|Trade Creditors||16,386||
|Taxation|and Soaal Security|1,140||
|Accruala||3,800|6,300|
|Trustees|loan (see nate 10)||107,505|
|Other creditors||320||
|||21,646|113,805|





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|8)<br>Movement<br>in|Funds|||||||
|---|---|---|---|---|---|---|---|
|||A11|||||At 31|
||January|||||Transfers|December|
|Current Year||2022||Income|Expenditure|ofFunds|2022|
|||f||f|f||f|
|Restricted<br>Funds||||||||
|The Young Artists|Residency|||||||
|Programme|13022||||6493|19515||
|Unrestricted<br>Funds||||||||
|General fund|47,619|||223 505|140,953|19,515|15,418|
|TotalFunds|60 641|||223,506|147446||15,418|
||||||||At 31|
||At|1 Nov||||Transfer|December|
|Prior Year||2020||Income|Expenditure|ofFunds|2021|
|||f|||f||f|
|Restricted<br>Funds||||||||
|The Young Artists|Residency|||||||
|Programme||||50,000|63,022||13022|
|Unrestricted<br>Funds||||||||
|General fund|||||47619||47,619|
|TotalFunds||||50,000|110,641||60,641|
|9)<br>Analysis of net assets between funds||||||||
|Current Year||||||||
||||||Unrestricted|Restricted|2022 Total|
|Fund balances at|31December 2022 are represented||by:|||||
|Current assets|||||37,064||37,064|
|Creditors.<br>amounts|falling due within one year||||21,646||21,646|
||||||15418||15,418|
|Current Year|||||Unrestricted|Restricted|2021 Total|
|||||||f|f|
|Fund balances at|31 December 2021 are represented||by:|||||
|Current assets|||||45,572|6,492|53,164|
|Creditors<br>amounts|falling dus within one year||||94,291|19,514|113,805|
||||||47619|13,022|60,641|





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