##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Endowment|Total|Total|
|||Notes|funds
f|fundf|funds
f|funds
f|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies|||250||250|250|
|Grant returned|||4,000||4,000||
|Investment
income|||77,159||77,159|74,047|
|Totai|||81,409||81,409|74,297|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|General Grants payable|||49,436||43,936|42,533|
|Commissions|||10,500||16,000|1,500|
|Feeney Fellowships
Support costs|||7,514|10,302|17,816|3,000
9,443|
|Total|||67,450|10,302|77,752|56,476|
|Net gains/(losses)
on investments||||(143,336)|(143,336)|116,840|
|NET INCOME/(EXPENDITURE)|||13,959|(153,638)|(139,679)|134,661|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||184,738|1,847,585|2,032,323|1,897,662|
|TOTAL FUNDS CARRIED FORWARD|||999692|2,699.942|2492,644|2,692,226|
##
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Endowment|Total|Total|
|||||funds|fund|funds|funds|
||||Notes|E|E|E|E|
|FIXEDASSETS||||||||
|Investments||||||||
|Investments|||||1,394,876|1,394,876|1,544,480|
|Investment|property||||300,000|300,000|300,000|
||||||1,694,876|1,694,876|1,844,480|
|CURRENT ASSETS||||||||
|Debtors
Cash at bank|||9|2,000
201,055|~529)|2,000
200,126|6,000
106,201|
|||||203,055|(929)|202,126|192,201|
|CREDITORS||||||||
|Amounts
falling due within||one year|10|(4,358)||(4,358)|(4,358)|
|NET CURRENT ASSETS||||1980697|106931947|1971768|187,843|
|TOTAL ASSETS LESSCURRENT LIABILITIES||||198,697|1,693,947|1,892,644|2,032,323|
|NET ASSETS||||198,697|1,693,947|1,892,644|2,032,323|
|FUNDS|||12|||||
|Unrestricted|funds|||||167,347|141,888|
|Designated|Commitments|Fund (note 3)||||31,350|42,850|
|||||||198,697|184,738|
|Endowment|funds|||||1,693,947|1,847,585|
|TOTAL FUNDS||||||1002.000|2,032,323|
##
##
##
##
##
##
##
##
##
|||2022|2021|
|---|---|---|---|
||||E|
|Rental income||20,000|20,000|
|Interest on cash deposits||177|73|
|UK listed investment|income|56,982|53,974|
|||77,159|74,047|
|3.
GRANTS, COMMISSIONS AND FELLOWSHIPS|3.
GRANTS, COMMISSIONS AND FELLOWSHIPS|||
|---|---|---|---|
|||2022|2021|
|Arts||||
|Art360 Foundation|||10,000|
|BEFestival|||1,950|
|Saving Lives||5,000||
|ACE Dance and Music||3,000||
|ExCathedra|||4,000|
|Friction Arts|||6,000|
|Orchestra ofthe Swan||3,000||
|Performances
Birmingham|Limited||5,000|
|Rosie Kay Dance Company|||4,000|
|The Playhouse|||1,500|
|The Peoples Orchestra||5,000||
|Women and Theatre||4,000||
|Surge Forward
Music and|Arts CIC|3,500||
|Black Country Touring||4,400||
|The Bone Ensemble||2,799||
|The Birmingham
Dance Network||4,215||
|||34,914|32,450|
|Heritage||||
|Alarum
Productions|||4,600|
|National Trust||5,000||
|||5,000|4,600|
|Open Spaces||||
|Birmingham
Settlement|||4,648|
|StAnne's Hostel|||835|
|Warley Woods Community|Trust Limited|4,022||
|||4,022|5,483|
|Total General Grants Carried Forward||43,936|42,533|
|3.
GRANTS, COMMISSIONS AND FELLOWSHIPS|3.
GRANTS, COMMISSIONS AND FELLOWSHIPS|3.
GRANTS, COMMISSIONS AND FELLOWSHIPS|3.
GRANTS, COMMISSIONS AND FELLOWSHIPS|-continued|||
|---|---|---|---|---|---|---|
||||||2022|2021|
|||||||E|
|Total General Grants Brought Forward|||||43,936|42,533|
|Commissions|||||||
|Birmingham
Royal Ballet|||||2,500||
|Celebrating
Sanctuary|||||2,500||
|Flatpack Projects —Sidewalk||Stories|||2,000||
|Flatpack Projects —People|on Sunday||||3,500||
|MAC Birmingham|||||4,000||
|Surge Forward
Music &Arts|||||1,500|1,500|
||||||59,936|44,033|
|FEENEY FELLOWSHIP|||||||
|Individual
Birmingham
based||art practitioners||||3,000|
|Total|||||59,936|47,033|
|Commitments
for Grants,|Commissions||and Fellowships||||
|The Trustees agree grants|to|be paid over several years for future commissions,|||||
|subject to their progression|and completion.||||||
||||||2022||
||||||E||
|Art 360Foundation|||||2,600||
|CBSO —2020 Centenary|||||20,000||
|MAC Birmingham
—Fofana|||||3,750||
|Birmingham
Royal Ballet|||||2,500||
|Celebrating
Sanctuary|||||2,500||
|Commitments
outstanding|at31December 2022||||31,350||
##
##
##
|||2022|2021|
|---|---|---|---|
|Secretarial|fees|5,500|5,500|
|Sundry expenses||394|223|
|Investment|fees|10,302||
|Legal fees|||2,160|
|Bank charges||60||
|Accountancy||906|906|
|Independent|examination|654|654|
|||17,816|9,443|
##
##
##
##
|||Unrestricted|Endowment|Total|
|---|---|---|---|---|
|||funds|fund|funds|
|||E|E|f|
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies||250||250|
|Investment
income||74,047||74,047|
|EXPENDITURE ON|||||
|Charitable
activities|||||
|Grants payable||42,533||42,533|
|Commissions||1,500||1,500|
|Feeney Fellowships||3,000||3,000|
|Support costs||9,443||9,443|
|Tota I||17,821||17,821|
|Net gains/(losses)
on investments|||116,840|116,840|
|NET INCOME/(EXPENDITURE)||17,821|116,840|134,661|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought forward||166,917|1,730,745|1,897,662|
|TOTAL FUNDS CARRIED FORWARD||184;738|1,847.585|2,832,323|
##
|7.|FIXEDASSET INVESTM|E|N|TS|||
|---|---|---|---|---|---|---|
|||||||Listed|
|||||||investments|
|||||||E|
||MARKET VALUE||||||
||At 1January 2022|||||1,544,480|
||Additions|||||73,660|
||Disposals|||||(79,928)|
||Change
in market value|||||(143,336)|
||At 31December 2022|||||1,394,876|
||NET BOOK VALUE||||||
||At31December 2022|||||1,$94876|
||At 31December 2021|||||1,544,SBG|
||There were no investment|||assets outside the UK.|||
||INVESTMENT PROPERTY||||||
||FAIR VALUE||||||
||At 1January 2022||||||
||and 31December 2022|||||300,000|
||NET BOOK VALUE||||||
||At 31December 2022|||||300,000|
||At 31December 2021|||||300,000|
|9.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||||
||||||2022|2021|
||||||f||
||Trade debtors||||2,000|6,000|
|10.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||2022|2021|
||||||E|E|
||Other creditors||||4,358|4,358|
##
##
|||||Net|Transfers||
|---|---|---|---|---|---|---|
||||At 1.1.22|movement|between|At31.12.22|
|||||in funds|funds||
|||||E|E||
|Unrestricted|funds||||||
|General
Fund|||141,888|73,895|(48,436)|167,347|
|Designated|Commitments|Fund|42,850|(59,936)|48,436|31,350|
||||184,738|13,959||198,697|
|Endowment|funds||||||
|Permanent|Capital Fund||1,847,585|(153,638)||1,693,947|
##
|||||Incoming|Resources|Gains and losses|Movement
In|
|---|---|---|---|---|---|---|---|
|||||resources|expended||funds|
|||||E|5||E|
|Unrestricted
funds||||||||
|General Fund||||81,409|(7,514)||73,895|
|Designated|Commitments|Fund|||(59,936)||(59,936)|
|Endowmentfunds||||||||
|Permanent|Capital Fund||||(10,302)|(143,336)|(153,638)|
|TOTAL FUNDS||||81309|(77,752)|(243336)|(139,679)|
|Comparatives
for movement|||in funds|||||
||||||Net|Transfers||
|||||At1.1.21|movement|between|At 31.12.21|
||||||In funds|funds||
|||||||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|CapitalFund|||1,730,745|116,840||1,847,585|
|TOTALFUNDS|||||||2,D32,323|
##
|Net movement
in funds,|included|in the above are|as follows:|||||
|---|---|---|---|---|---|---|---|
||||Incoming||Resources|Gains and|Movement
in|
||||resources
f||expended
f|lasses
f|funds
f|
|Unrestricted
funds||||||||
|General
Fund||||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|
|A current year 12months|and prior year 12months||combined|position|is as follows:|||
||||||Net|Transfers|||
|---|---|---|---|---|---|---|---|---|
|||||At 1.1.2021|movement|between||At|
||||||in funds|funds||31.12.2022|
||||||f|f||f|
|Unrestricted
funds|||||||||
|General
Fund||||128,667|138,749|(100,069)||167,347|
|Designated|Commitments|Fund||38,250|(106,969)|100,069||31,350|
|Endowment|funds||||||||
|Permanent|Capital Fund|||1,730,745|(36,798)|||1,693,947|
|TOTAL FUNDS||||1.89,661|11.8 81|.||1,891,644|
|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
f||expended
f|losses
f||funds
f|
|Unrestricted|funds||||||||
|General
Fund
Designated
Commitments||Fund|155,706||(16,957)
(106,969)|||138,749
(106,969)|
|Endowment|funds||||||||
|Permanent|Capital Fund||||(10,302)|(26,496)||(36,798)|
|TOTALFUNDS|||155,706||(134,228)|(26,496)||(5,018)|