##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Endowment|Total|Total|
||||funds|fund|funds|funds|
|||Notes|E|E|E|E|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies|||250||250||
|Investment
income|||74,047||74,047|74,451|
|Total|||74,297||74,297|74,451|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|General Grants payable|||41,033||41,033|19,150|
|Commissions|||3,000||3,000|31,500|
|Feeney Fellowships|||3,000||3,000|5,300|
|Support costs|||9,443||9,443|12,658|
|Total|||56,476||56,476|68,608|
|Net gains/(losses)
on investments||||116,840|116,840|(40,340)|
|NET INCOME/(EXPENDITURE)|||17,821|116,840|134,661|(34,497)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||166,917|1,730,745|1,897,662|1,932,159|
|TOTAL FUNDS CARRIED FORWARD|||184,738|1,847,585|2,032,323|1,897,662|
##
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Endowment|Total|Total|
|||||funds|fund|funds|funds|
||||Notes|f|f|E|f|
|FIXEDASSETS||||||||
|Investments||||||||
|Investments|||||1,544,480|1,544,480|1,428,263|
|Investment|property||||300,000|300,000|300,000|
||||||1,844,480|1,844,480|1,728,263|
|CURRENT ASSETS||||||||
|Debtors|||9|6,000||6,000|10,000|
|Cash at bank||||183,096|3,105|186,201|163,757|
|||||189,096|3,105|192,201|173,757|
|CREDITORS||||||||
|Amounts
falling due within||one year|10|(4,358)||(4,358)|(4,358)|
|NET CURRENT ASSETS||||184,738|3,105|187,843|169,399|
|TOTAL ASSETS LESSCURRENT LIABILITIES||||184,738|1,847,585|2,032,323|1,897,662|
|NET ASSETS||||184p738|1~847p585|2p032p323|1897662|
|FUNDS|||12|||||
|Unrestricted|funds|||||141,888|128,667|
|Designated|Commitments|Fund (note 3)||||42,850|38,250|
|||||||184,738|166,617|
|Endowment|funds|||||1,847,SBS|1,730,745|
|TOTAL FUNDS||||||2,032323|1,897,662|
##
##
##
##
##
##
##
##
##
##
|3.
GRANTS, COMM|ISS|IONS AND FELLOWSHIPS|||
|---|---|---|---|---|
||||2021|2020|
||||f|f|
|Arts|||||
|Art360 Foundation|||10,000||
|BE Festival|||1,950||
|Capsule Events Limited||||2,000|
|Celebrating
Sanctuary|||||
|ExCathedra|||4,000|4,000|
|Friction Arts|||4,500||
|Little Earthquake|||||
|Performances
Birmingham||Limited|5,000||
|Rosie Kay Dance Company|||4,000|3,500|
|The Playhouse|||1,500||
|Women and Theatre||||3,000|
||||30,950|12,500|
|Heritage|||||
|Alarum
Productions|||4,600||
|Botanical Gardens||||2,000|
|Chamberlain
Highbury|Trust|||2,000|
||||4,600|4,000|
|Open Spaces|||||
|Birmingham
Settlement|||4,648||
|Lapel Canal Trust||||2,000|
|StAnne's
Hostel|||835||
|Warley Woods Community||Trust Limited||650|
||||5,483|2,650|
|Total General Grants|||41,033|19,150|
|3.
GRANTS, COMMISSIONS AND FELLOWSHIPS|3.
GRANTS, COMMISSIONS AND FELLOWSHIPS|3.
GRANTS, COMMISSIONS AND FELLOWSHIPS|3.
GRANTS, COMMISSIONS AND FELLOWSHIPS|—continued|||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||E|f|
|Commissions|||||||
|The Bone Ensemble||||||1,500|
|CBSO-2020 Centenary||||||20,000|
|Flatpack Projects||||||3,500|
|Friction Arts|||||1,500||
|MAC Birmingham||||||4,000|
|South Asian Arts and Heritage
(SAMPAD)||||||2,500|
|Surge Forward
Music &Arts|||||1,500||
||||||3,000|31,500|
|FEENEY FELLOWSHIP|||||||
|Individual
Birmingham
based art practitioners|||||3,000|5,300|
|Total|||||47,033|55,950|
|Commitments
for Grants,|Commissions||and Fellowships||||
|The Trustees agree grants|to be paid over several years forfuture commissions,||||||
|subject to their progression||and completion.|||||
||||||2021||
||||||E||
|Art 360 Foundation|||||2,600||
|CBSO —2020 Centenary|||||20,000||
|Flatpack Projects —Sidewalk||Stodes|||2,000||
|Flatpack Projects —People|on Sunday||||3,500||
|MAC Birmingham
-Adeela|Suleman||||4,000||
|MAC Birmingham
—Fofana|||||3,750||
|Surge Forward
Music &Arts|||||1,500||
|Fellowships|||||5,500||
|Commitments
outstanding|at 31December 2021||||42,850||
##
##
##
||||2021|2020|
|---|---|---|---|---|
||||E|E|
|Secretarial fees|||5,500|5,500|
|Website redesign||and updates||2,944|
|Sundry expenses|||223|127|
|Professional|fees||2,160|2,527|
|Accountancy|||906|906|
|Independent|examination||654|654|
||||9,443|12,658|
##
##
##
##
##
|||Unrestricted|Endowment|Total|
|---|---|---|---|---|
|||funds|fund|funds|
|||E|E|f|
|INCOME AND ENDOWMENTS|FROM||||
|Investment
income||74,451||74,451|
|EXPENDITURE ON|||||
|Charitable
activities|||||
|Grants payable||55,950||55,950|
|Support costs||12,658||12,658|
|Total||68,608||68,608|
|Net gains/(losses)
on investments||||(40,340)|
|NET INCOME/(EXPENDITURE)||5,843|(40,340)|(34,497)|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought forward||161,074|1,771,085|1,932,159|
|TOTAL FUNDS CARRIED FORWARD||166,917|1,730,745|1,897,662|
##
|7.|FIXEDASSET INVESTM|E|N|TS|||
|---|---|---|---|---|---|---|
|||||||Listed|
|||||||investments|
|||||||f|
||MARKET VALUE||||||
||At 1January 2021|||||1,428,263|
||Additions|||||298,820|
||Disposals|||||(299343)|
||Change
in market value|||||116,840|
||At 31December 2021|||||1,544,480|
||NET BOOK VALUE||||||
||At 31December 2021|||||1,344r480|
||At 31December 2020|||||1,428,263|
||There were no investment|||assets outside the UK.|||
||INVESTMENT PROPERTY||||||
||FAIR VALUE||||||
||At 1January 2021||||||
||and 31December 2021|||||300,000|
||NET BOOK VALUE||||||
||At 31December 2021||||||
||At 31December 2020|||||300,000|
|9.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||||
||||||2021|2020|
|||||||f|
||Trade debtors||||6,000|10,000|
|10.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||2021|2020|
||||||f|f|
||Other creditors||||4,358|4,358|
##
##
|||||||||Net|Transfers||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||At1.1.21||movement|between|At31.12.21|
|||||||||in funds|funds||
|||||||||6|E||
|Unrestricted
funds|||||||||||
|General
Fund||||||128,667||64,854|(51,633)|141,888|
|Designated|Commitments||Fund||||38,250|(47,033)|51,633|42,850|
|||||||166.917||17,821||184,738|
|Endowment|funds||||||||||
|Permanent|Capital|Fund||||1,730,745||116,840||1,847,585|
|TOTALFUNDS||||||1,897,662||134,661|||
|Net movement
in funds,|||included||in the above are as follows:||||||
|||||||Incoming||Resources
Gains|and losses|Movement
In|
|||||||resources||expended||funds|
|||||||6||6||6|
|Unrestricted|funds||||||||||
|GeneralFund||||||74,297||(9,443)||64,854|
|Designated|Commitments||Fund|||||(47,033)||(47,033)|
|Endowment|funds||||||||||
|Permanent|Capital|Fund|||||||116,840|116,840|
|TOTAL FUNDS||||||74,297||(56,476)|116,840|134,661|
|Comparatives
for movement||||in funds|||||||
|||||||||Net|Transfers||
|||||||At|1.1.20|movement|between|At31.12.20|
|||||||||in funds|funds||
|||||||||6|5||
|Unrestricted|funds||||||||||
|General
Fund||||||107,024||61,793|(40,150)|128,667|
|Designated|Commitments||Fund||||54,050|(55,950)|40,150|38,250|
|||||||161,074||5,843||166,917|
|Endowmentfunds|||||||||||
|Permanent|Capital|Fund||||1,771,085||(40,340)||1,730,745|
|TOTALFUNDS|||||||||||
##
|Net movem||ent
in|funds,|included
in the above are|as follows:|as follows:|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Incoming|||Resources|Gains and|||Movement
in|
||||||resources|||expended|lasses|||funds|
|||||||E||E||E||E|
|Unrestricted||funds|||||||||||
|General
Fund||||||74,451||(12p658)||||61,793|
|Designated||Commitments||Fund||||(55,950)||||(55,950)|
|Endowment||funds|||||||||||
|Permanent||Capital|Fund||||||(40,340)|||(40,340)|
|TOTAL FUNDS||||||74,451||(68,608)|(40~)|||/~97)|
|A current year 12months||||and prior year 12months|combined|position|is as|follows:|||||
|||||||||Net|Transfers||||
|||||||At 1.1.2020||movement||between||At|
|||||||||in funds||funds||31.12.2021|
|||||||||E||E||E|
|Unrestricted||funds|||||||||||
|General
Fund||||||107,024||126,647||(91,783)||141,888|
|Designated||Commitments||Fund||54,050||(102,983)||91,783||42,850|
|Endowment||funds|||||||||||
|Permanent||Capital|Fund|||1,771,085||76,500||||1,847,585|
|TOTAL FUNDS||||||1,932,159||100,164||||2,092,323|
|A current year 12months||||and prior year 12months|combined|net movement||in funds, included|in the above|||are as follows:|
||||||Incoming|||Resources
Gains||and|Movement
In||
||||||resources|||expended|losses|||funds|
|||||||E||E|E|||E|
|Unrestricted||funds|||||||||||
|General
Fund|||||148,748|||(22,101)||||126,647|
|Designated||Commitments||Fund||||(102,983)||||(102,983)|
|Endowment||funds|||||||||||
|Permanent|Capital||Fund||||||76,500|||76,500|
|TOTALFUNDS|||||148,748|||~125,084)|76,500|||100,164|