##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
||||Unrestricted|Endowment|Total|Tota I|
||||funds|fund|funds|funds|
|||Notes|E|E|E|f|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies|||250||250|250|
|Grant returned||||||4,000|
|Investment
income||2|82,177||82,177|77,159|
|Total|||82,427||82WT|81,409|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|General Grants payable|||47,985||47,985|43,936|
|Commissions|||41,000||41,000|16,000|
|Feeney Fellowships|||4,860||4,860||
|SUpport cos'ts|||10,087|10,615|20,702|17,816|
|Total|||103,932|10,615|114,547|77,752|
|NET INCOME/(EXPENDITURE)|BEFORE|LOSSESON|||||
|INVESTMENTS|||(21,505)|(10,615)|(32,120)|3,657|
|Net losses on investments||||(5,404)|(Sp404)|(143,336)|
|NET INCOME/(EXPENDITURE)|||(21,505)|(16,019)|(37,524)|(139,679)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||198,697|1,693,947|1,892,644|2,032,323|
|TOTAL FUNDS CARRIED FORWARD|||177,192|1,677,928|1,855,120|1,892,644|
##
##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Endowment|Total|Tota
I|
|||||funds|fund|funds|funds|
||||Notes|f|f|f|f|
|FIXEDASSETS||||||||
|Investments||||||||
|Investments|||||1,357,362|1,357,362|1,394,876|
|Investment|property||||320,000|320,000|300,000|
||||||1,677,362|1,677,362|1,694,876|
|CURRENT ASSETS||||||||
|Debtors|||9||||2,000|
|Cash at bank||||178,800|566|179,366|200,126|
|||||178,800|566|179,366|202,126|
|CREDITORS||||||||
|Amounts
falling due within||one year|10|(1,608)||(1,608)|(4,358)|
|NET CURRENT ASSETS||||177,192|566|177,758|197,768|
|TOTAL ASSETSLESSCURRENT LIABILITIES||||177,192|1,677,928|1,855,120|1,892,644|
|NET ASSETS||||177 192|1p677 928|1~855p120|1892644|
|FUNDS|||12|||||
|Unrestricted|funds|||||147,442|167,347|
|Designated|Commitments|Fund (note 3)||||29,750|31,350|
|||||||177,192|198,697|
|Endowment|funds|||||1,677,928|1,693,947|
|TOTAL FUNDS||||||1,855,120|1,892,644|
##
##
##
##
##
##
##
|||2023|2022|
|---|---|---|---|
|||E|E|
|Rentalincome||22,000|20,000|
|Interest on cash deposits||1,058|177|
|UK listed investment|income|59,119|56,982|
|||82,177|77,159|
##
##
|3.
GRANTS, C|OMMISSIO|NS|AND FELLOWSHIPS|||
|---|---|---|---|---|---|
|||||2023|2022|
|Arts||||||
|Sampad||||4,950||
|Saving Lives|||||5,000|
|ACE Dance and Music|||||3,000|
|Big grum Theatre|in Education||Company|2,000||
|The Open Theatre|Company|||5,000||
|Orchestra ofthe Swan|||||3,000|
|Persona
Arts||||1,500||
|Ace Music and Da|nce|||5,000||
|Rainbow Voices||||4,800||
|The Peoples Orchestra||||5,000|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|
|||||28,250|34,914|
|Heritage||||||
|Art 360 Foundation||||2,600||
|Craftspace||||4,000||
|Natlona
ITrust|||||5,000|
|||||6,600|5,000|
|Open Spaces||||||
|Highbury
Orchard|Community|||4,950||
|Warley Woods Community||Trust Limited|||4,022|
|ROAM||||3,185||
|Birmingham
Open|Spaces|||5,000||
|||||13,135|4,022|
|Total General Grants Carried Forward||||47,985|43,936|
##
##
|3.
GRANTS, COMMISSIONS AND FELLOWSHIPS|3.
GRANTS, COMMISSIONS AND FELLOWSHIPS|3.
GRANTS, COMMISSIONS AND FELLOWSHIPS|3.
GRANTS, COMMISSIONS AND FELLOWSHIPS|3.
GRANTS, COMMISSIONS AND FELLOWSHIPS|—continued|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||E|6|
|Total General Grants|Brought Forward|||||47,985|43,936|
|Commissions||||||||
|Aidem Digital||||||5,250||
|Birmingham
Royal Ballet||||||2,500|2,500|
|CBSO||||||22,500||
|Celebrating
Sanctuary||||||2,500|2,500|
|Curiosity Productons||||||5,000||
|Flatpack Projects - Sidewalk|||Stories||||2,000|
|Flatpack Projects —People||on Sunday|||||3,500|
|MAC Birmingham||||||3,250|4,000|
|Surge Forward
Music|&Arts||||||1,500|
|||||||88,985|59,936|
|FEENEY FELLOWSHIP||||||||
|Individual
Birmingham|based||art practitioners|||4,860||
|~otal||||||93,845|59,936|
|Commitments
for Grants,||Commissions||and Fellowships||||
|The Trustees agree grants||to|be paid over several years for future commissions,|||||
|subject totheir progression||and completion.||||||
|||||||2023||
|||||||F.||
|Aidem
Digital||||||5,250||
|Birmingham
Open Media||||||10,000||
|CBSO||||||2,500||
|Cudosity Productions||||||5,000||
|MAC Birmingham||||||3,250||
|MAC Birmingham
—Fofana||||||3,750||
|Commitments
outstanding||as of31December 2023||||29,750||
##
##
##
##
|||2023|2022|
|---|---|---|---|
|||E|6|
|Secretarial fees||8,000|5,500|
|Sundry expenses||412|394|
|Investment|fees|10,615|10,302|
|Bank charges||115|60|
|Accountancy||906|906|
|Independent|examination|654|654|
|||20,702|17,816|
##
##
##
|COMPARATIVES FOR THE STA|TEMENT OF FINANCI|AL ACTIVITIES|||
|---|---|---|---|---|
|||Unrestricted|Endowment|Total|
|||funds|fund|funds|
|||E|E|6|
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies||250||250|
|Grants returned||4,000||4,000|
|Investment
income||77,159||77,159|
|||81,409||81,409|
|EXPENDITURE ON|||||
|Charitable activities|||||
|Grants payable||43,936||43,936|
|Commissions||16,000||16,000|
|Support costs||7,514|10,302|17,816|
|Total||67,450|10,302|77,752|
|Net gains/(losses)
on investments|||(143,336)|(143,336)|
|NET INCOME/(EXPENDITURE)||13,959|(153,636)|(139,679)|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought forward||~184738|1,847,585|2,032,323|
|TOTAL FUNDS CARRIED FORWARD||~198697|~1893949|~12|
##
##
##
|7.|FIXEDASSET INVESTM|E|NTS||||
|---|---|---|---|---|---|---|
|||||||Listed|
|||||||investments|
|||||||6|
||MARKET VALUE||||||
||At 1January 2023|||||1,394,876|
||Additions|||||109,170|
||Disposa ls|||||(121,280)|
||Net losses on investments|||||(25~)|
||At 31December 2023|||||1,357,362|
||NET BOOK VALUE||||||
||At 31December 2023|||||1,357,362|
||At 31December 2022|||||1,394,876|
||There were no Investment|||assets outside the UK.|||
||INVESTMENT PROPERTY||||||
||FAIR VALUE||||||
||At 1January 2023||||||
||Increase
in valuation|||||300,000|
|||||||20,000|
||NET BOOK VALUE||||||
||At 31December 2023|||||320,000|
||At 31December 2022|||||300,000|
|9.|DEBTORS:AMOUNTS|FALLING||DUE WITHIN ONE YEAR|||
||||||2023|2022|
||||||6|5|
||Trade debtors|||||2,000|
|10.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||2023|2022|
||||||E|E|
||Other creditors||||1,608|4,358|
##
##
||||||||Net|Transfers||
|---|---|---|---|---|---|---|---|---|---|
||||||At|1.1.23|movement|between|At|
||||||||in funds|funds|31.12.23|
||||||||f|f|f|
|Unrestricted||funds||||||||
|GeneralFund|||||167,347||72,340|(91,745)|147,942|
|Designated||Commitments|Fund|||31,350|(93,845)|91,745|29,250|
||||||1985697||(21,505)||177,192|
|Endowment||funds||||||||
|Permanent||Capital Fund|||1,693,947||(16,019)||1,677,928|
|TOTAL FUNDS|||||,565,6||(5,||, 55,
6|
|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|||||82,427||(10,087)||72,340|
|Designated||Commitments|Fund||||(93,845)||(93,845)|
|Endowment||funds||||||||
|Permanent||Capital Fund|||||(10,615)|(5,404)|(16,019)|
|TOTAL FUNDS|||||82,427||(114,547)|(5~)|(57,524)|
|Comparatlves
for movement||||in|funds|||||
||||||||Net|Transfers||
||||||At|1.1.22|movement|between|At|
||||||||in funds|funds|31.12.22|
||||||||E|f|f|
|Unrestricted||funds||||||||
|General
Fund|||||141,888||73,895|(48,436)|167,347|
|Designated||Commitments|Fund||42,850||(59,936)|485436|31,350|
||||||184,738||13,959||198,697|
|Endowment||funds||||||||
|Permanent|CapitalFund||||1,847,585||(153,638)||1,693,947|
|TOTAL FUNDS|||||2,032,323||(139,679)||1,892,644|
##
|Net movement
in funds,|Net movement
in funds,|included|in the above are as follows:|in the above are as follows:||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Incoming|||Resources|Gains and
Movement
in||
|||||resources
E|||expended
E|losses
f|funds
f|
|Unrestricted
funds||||||||||
|General
Fund||||81,409|||(7,514)|(46,336)|27,559|
|Designated|Commitments|Fund|||||(59,936)|46,336|(13,600)|
|Endowment|funds|||||||||
|Permanent|CapitalFund||||||(10,302)|(143,336)|(153,638)|
|TOTALFUNDS||||81,409|||(77,752)|(143,336)|(139,679)|
|A current year 12months||and prior year 12 months||combined|position||is as follows:|||
||||||||Net|Transfers||
|||||At1.1.2022|||movement|between|At|
||||||||in funds|funds|31.12.2023|
||||||||E|E|E|
|Unrestricted|funds|||||||||
|GeneralFund||||141,888|||146,235|(140,181)|147,942|
|Designated|Commitments|Fund||42,850|||(153,781)|140,181|29,250|
|Endowment|funds|||||||||
|Permanent|Capital Fund|||1,847,585|||(169,657)||1,677,928|
|TOTAL FUNDS||||2.052,m|||l ».M3I||1,855,120|
|A current year 12 months||and prior year 12 months||combined|net|movement
in funds,||included
in the|above are|
|as follows:||||||||||
|||||Incoming||Resources||Gains and
Movement
ln||
|||||resources|||expended|losses|funds|
|||||f|||E|E|E|
|Unrestricted|funds|||||||||
|General
Fund||||163,836|||(17,601)||146,235|
|Designated|Commitments|Fund|||||(153,781)||(153,781)|
|Endowment|funds|||||||||
|Permanent|Capital Fund||||||(20,917)|(148,740)|(169,657)|
|TOTAL FUNDS||||163,836|||(192,299)|(148,740)|(177,203)|