RF.GISTF,RF.D COMPANY NUMIIFR: 01029563 (Eiigland And W#lL%)
REGISTERED CHARITY NUMBER.. 263367
Report of the Trusttts &nd
FiN#nel#l Sithttmenls for the YeAr Endod 3151 Dettmber 2011
for
Oxmarket Cenlrc of Arts Limilt
8he¢n Stickland
Clmrtercd Accouniants
? Last Pallant
Chichester
Wesl Sussex
Polg I'I'R

OxtTharket Ccntrc of Arts Limittd
Cuntcnls of tlie FinaiiciAI stAte￿ents
for the Year F.nded 31st D¢ecmb¢r 2023
PAge
Report of the I'r115tees
IiidepeNdellt Examiner's Re￿rt
Stulemeiit of Finaiicial A£livities
BAIAnce Slieet
N()tts to the Finnneial Stat¢ments
DetAlleil Sl#tement of FinanciAI Activities
16 u) 17

Oxmarket Ceiitre of Arts Limiied
Fieiiort of tlle Trustecs
(or Ihe Yed?r F.ndcd 3151 December 2023
OBJEcfivES AND ACTIVITIES
Our aim5 xiid objectives
Tlie Coinptiny ]% a I'ebFlStered chic rrly. Its objecis and regulaiions c1re regiulaied by the ¢omp1c ny's Mernorai)diiin and
Articlc8 of A￿￿o¢latIo11. The ¢ompaTry's objeLts are Ihat of tlie lldvttnLemeni. education. improveineni and <ippreciatioti
of (he Aris for (he benefii of Ihe public. In settinuj 4Jur annu1c l objectives and planninbp our activities, the Dire¢tUTS I)cive
givLn con4ideraii()n to tlie Chariiy Commission's guidance on public Ixnefit and fee charbiiny. This Is c2chiev¢d by
niainlaining and opcratinL7 an ans cenire for ¢xhibitlOll5 and r¢knied aciivirie5 and givingy careful con5idenLion to
acce&qibility ot. the cenire in seirinbj the Icvel orrees and charb)es.
ACHIF.VEMENT AND PFRFORMANC
A¢hi¢v¢ni¢nls and P¢rtormance
2023 was a 511CCtr55ful and busy ye£1r for ihe ballery wilh a varied and packed 5chediile of exhibitions and iiew stsiff
juiniiigv 115. W¢ liosled 35 exhibiiion5 in total. includinb those for Ihe W1n￿rS ol our 0[￿n Conipeiilion in 2022. We
welLomed tk1ck number of g?roup exhibitors irKludiii& Cliich¢ster Art Trdil. Chichesier Art S￿l¢ty, the Society of
Desibpi)¢r Craftsinen. Emsivorth Priniers. Artel. Focus Photobirdphy aDd a number of popular local artists includinb
Caiheriiie Barnes. Fiona Bell CuTrie, Lynne Wood% Emina Hartley, Amanda Word Thomas and Martiii Stnith.
We curared fundni5ingy cxhihition, Kecp Art Alive. which promoied a number of new lo¢al artists 41nd we 110sled a
speci(11 exliibilion f&11thrin& Chichester Univeisity Finc Arts bTradu(ites which was brilliantly cllrat¢d by one ol. the
stiident8. In addition, wc h#d three sponsored exhibiiions promotingr artisis from attsund ihe SoLiih coasi incllldinb
Fergus I lare and Nick Carrick we ar¢ immonsely Lvfdteful to those swnsors.
We are dcliglilcd lo have welcomed ts nuTnber of new artists 10 Ihe gallcry for exhibilioiis includiiik Neil Holllind,
Loiiise t)UbgTtLll, Kobin Richardson. I'risctlla Ritchie. Cl)ri5toph¢r Villicts. Ilarry ￿1rdIll, Tim Mullins. Samanihcl
P¥l111114in, Jan B¢iin¢lt, Loiiise Burstoll nd Maiihew Rollinson.
We are working hurd on encoiirabjinsv artists io prixluce exhibilion5 that 10 the visitor cxperiei)ce incliidinb
dginonsirations, poetry readings lid musi¢al accompaniment.
In addition lo workiTrLT on exhibitions for 2023. we have iaken bookings for 2024 and beyond.
The sh(v, run by the wholly owned tradinui company. makes art ownetship more accessible and affordable for a wider
audience by orrering a selection of higyh quality. distinctive and affordable handinade &iifts and works of ari. The
bii.%iness model htL% gyonc throubih a peri(xl of tsansiiion this year as it moves more 10 acting as an agyent Igr ¢1)¢ sale of
arlisis, oiiipiii rather ihc1n buying siock and Te5¢11ing it. While the shop made a small loss in 2023. we aiicicipate a
PO811ivc contribution to thc chariiy in 2024 wiih ihe new bu5inc&s m¢xl¢l.
OUT new staff are now well established in their roles and are rnakin¥ ll great £oniribuiion to the opeimtion% of the biallery
and its ¢xliibitioiis.
We Iiad a surgv¢ in volunieers of very high libre who are able and willinsi 10 l)elp in a LTrrealer variety of tx)les lind tliis
helps ermirmoiisly 10 deliveringy su¢h a full and vaiie(I schedule of exhibitions. We will continue lo seek more voliinieeis
as ihis will help us to undei1ake more aciivities and will also provide Inore w)portunities for diff¢rcnl sectors of tlie
¢ommiinity 10 participate in volunteering.
W¢ ve eSt￿lbIlShed clo%e ii ssociations with Chichcster University and Chiche￿er CollegFe ￿*U]11n&tr in Ly)ili students of
arts vigilingF (he bjallery and also havinbF the opportunity to undenakc WOTk ¢x￿rIence with the balkry.
Chall¢ngT¢S facin& the ballery lorward include the coniinucd squ¢¢7£ Inany household budgleis duc to iiicrea8c%
iii ilie C￿5( ol- livinki lind coIire1115 aboiil declininb footfall in cily cenires. To coiinler Ihi_s we ar¢ wgrkiiig h<ird ai
pIDniotiiig the bTallery aiid its free entry and by trying (o Inake exliibitions Inore ol. an exp¢ri¢iice for visilols. We will
l%0 en.%iire (hat Ilie an we feattir¢ coniinues io be arrordable and acc¢5sible to much of the community as p05sibl¢.
Pak1e I

Oxmxrktt Centre of Arts Liniilril
Rcport of the I'rii%l¢¢
for the Year I,'nded 3 1st December 2023
FINANCIAL REI VIEW
Financial I'ositioii
Tlie ov¢rall delicil for the year ended 31 tkcember 2023 was £7.093 12022.. deficit £1 5.9731. l.low¢vor, this includLS
depircialion ()f £32,184 which dl￿$ noi contribute 10 the cash flow ol. the company. 'Ilie opcnting Slirplus of IhL
ehariiclble compaiiy, excluding depr￿latIOn was £25.091 12022". £16.802). Ai 31 tkc£inber 2023. total overall funds
kiiiiouiIILd io £239,341. T011c l unresiricied fund5 include de5iy)aled lunds of £95.761.
Oiir financial report shows a d¢fi¢it for ihe 2021 year after cl)argies for depreciation. Cash and reserves reiiiain iiiider
pressiire but kire ac(ively moniiored by ihe Board arKI are Teport¢d ¢lsewher¢.
We Ilre looking io rdise fiinds over ￿ Next few y¢ar5 to replenish the reserve5 both in anlicipaiion of ongioili￿1 repairs
nd impTov¢m¢nt.4 to Ihe fabric of Ihe premise5 bui also to improve th¢ chariiy's resilience in Ilie face uf econoInic risks.
We Iiim io Sib>niliccintly increi15e the rntc ijf visitor and member don￿lOn& &7ift aid rKovery. dctess addiiional sourcls (Trl-
g7rants aiid incrLiL se tlie coniribution made by Ihe iradingy compAny io the charity.
Ile5erve5 poliey
-I'lie Eloard lias established a w)licy whereby the unresiricieil funds not ￿T￿Milled or invested in iangyihlc fixed asse(s
lield sl)oiild be 6 Inonths of the resources expended. which equaies 10 £60,(XK> in LicnerAI funds. Ai present reserves held
hiE ve lallen sligThtly below this minimum and efforts are und¢rway to replenish ihesc funds.
FUTURE PLANS
Future plcins to continue the delivery of charithble objects (within a framework of manabied costs, Inaintenance or
prtinise% and appropriciie finiincial pnJden¢¢) incliide proaclively ideniifying l(Kal and einerbyinbj aMisLS. l)elping> tlieni
shc1pe their artisiic offerin&5 promoiinbw iheir presence lo the coinmunity.
STRUC.TURE, GOVV,RNANCE AND MANAGEMENT
Governiiig (loeiiment
Tlie ch47riiy is gioverned by it5 McmoTrndum nd Anicles of Association and consiiwies a liiniied company, lin)iied by
TLi4raiitee, a5 defined by the Companies Act 2006.
Recruitment and appointmenl of new truslics
Tlie rrLlStees ale ele¢ied al tlie A Trnual Oenernl Meetin8 of the cornpany as sei out linder the teTrnS nf IhL Ariiclcs or
AssocidliiTrn. There arc (1 Inaximuin of 20 iruslees with one-third reiiring froni ofYic¢ &lt every, Annual General Me¢tinL.
Tlie direciors of the coinpany e a subset oftlie Irust¢¢s. The Article5 sei out a quoruni of .$ directors. Martyn BLII has
beeii coopted tts Ihe board io maintain tlie quorum.
Structurc, Govcrnan¢t Management
There wcre a numbLf of changTCS tu tlie Board nd trustees in 2023. Mark Schwar4 Robert Gowing and Jackie
ljl<ickmcin %ieppcd down from the Board due to work ￿1nd oiher commitments the Tjtasuier {Jonaili£in Clark) and
tlie long151lc ndinb Chair (Sophie Ilull) rctirtd. We are irnmcnsely brni¢ful io t￿M all for tlieir SUPPOTI ov¢r (he y￿r9,
e5peci¢illy to Sopliie l.lull for her tireless commitm¢ni over 7 ye1( TS and io Jonail)QD Clark for his ivork in esii£ blishin
n¢w linanci<11 c1nd bioveniance procedure5.
A niimbei. of new Trustees joined the Board incliiding Stephen Smitli a5 'frea5urer. Jonatl)an Bell. Becky 141¢ rris and
Martyn Bell. Iln existing irust¢e, has rejoined the Board for 2024. Tracie Baiigen has IK¢i)me a trustee and we havc
recruited two more Irll%iees wlio will be joininkT in 2024.
Tlie 14oard meets 4 times a Ye1￿ r 47nd uliimale res￿liS1b1lIiY for directing tl)e affairs of d)e bollery. ens111'lllgl It 15
solvent, wcll-run and dcliveringj the ou(comes for which the charity wa5 established.
Louise Myle5. Acting> Chllir
REFERENCE AND ADMINISTRATIVE DF.TAILS
Re&FlStered Conip#ny numb¢'r
o ia29503 IEI)glJc nd and W(iles)
PabTe 2

Oxm#i'kct Centre of Arts Liniite(I
Repibi't ol. Ilie Tru51ec5
for th¢ Year Eiidcil 31st Dec¢inbcr 2U23
Regi5t¢r¢d Cliarity liul￿ber
263367
R¢gistered office
St Andrews Couri
OfTEllst 8irc¢t
Chicliesier
Wesi Sussex
P019 IYFI
Tri￿tee5
[_ A Myles
S R Smiil) lappoint¢d 9.11.231
J D J3¢11 (appointed 9.11.231
1£ E Hc1rris lapTK>inled g.11.23)
M J Bell (appointed 22.1.24)
S D G Hull Iresis7ned 31.10.23)
M Schwarti {J'esi&Tn¢d ?3.3 ?3)
J Blackmail {resigTiied 26.2.?3)
J Clark Iresiuined 4.1.24)
R {Tesi¥ined JO.9.23)
The Directors llre also tru8t¢C5 of the charity. Three new trustees are s&inding for appointmeni ar the urcoming ACJM.
Indtpenilent F.xXmi￿Cr
l) L l-l WrigTrhi FCA IKIIA
Sl)eei) Siickland
Chartered Accountants
7 knst Pci Ilant
Cliich¢sler
Wesi Sussex
P019 ITR
SMALL COMPANY F.XEMwfioNS
The <lbove report hcts been prepared in Kcord4n¢¢ with the special prnvisions of Part 15 of ille Conipanies Act 2006
rclJiin&T 10 small cnmpanies.
Approved by Ol￿er ol-the board of tnjstees on .
Trrt.. 1 19.. ¢WMJ signed on lis behalf by..
ILLM
L A Myles - Tru
ee
P?ge 3

Inilepen(lent f4.x#miner'8 Rcport lo thc Trustee5 of
()¥market Cenii'c of Arts Limite(I
liidependent examiiier's report to ¢lie Irusiees ofoxm#rktt Ccntre ofArts Limited ('the Comp#iiy')
r¢port lo tlie vhi?riiy Insiees un Iny ex1<rnin1<lion ol- Ilie accounts ol. Ili¢ Company for Ihe year ended
31si December ?023.
R¢5ponsibilities Hnd basis of report
As the cliciriiy's irUs￿e5 ol'the Company14111d Hlso its diTeC(Dr5 for the purposes ufcomp4Uiy luwl yuii are iesp(Trnsiblt for
Ihe pr¢piif&11iuii gf the aLcounts in accordance wirh the requireinenL8 ol'ihe Cthnp1( nies Aci 2006 (the ?006 Act'l.
H1( vin&1 &itislied tnysell. Iliat IhL i)Ltuunls of thc Compa]iy arc noi reqiiired 10 ¢iiidited undcr Pgrt 16 of tl)c 2(KI6 Act
and lire LliLJiblc foi independent examination. I report in res￿¢1 of my examinaiion of your charity's accounts s carried
oiit under Seciion 145 of tl)e Ch1( riiies Act 2011 (Ilie 2011 Acl'l. In caryinLT OILt rny cxamination I Iithve foll()wcd Il)e
Directions gFiven by the Chlc riiy Commission undcr 8ection 145{51 (bl of the 201 l Act.
Independent ex#miner's stAtcrneNt
I have coiiipleicd my examiii¢l1ion. I confimi that no mailers have come to my aiieniion in coni)eciion will) the
Lxaminatloll biivinbj Ine Cc1use 10 believe..
accoiintingi records were not kepl in respeci ofihe Company as required by Section 386 ofthe 2006 Act: or
the accoiin15 do not accord with ihose records: or
Ilie accounts do not ¢omply with the accouniing) reqiiirements of Section 396 of the 2006 Acr oiher Ihai) aiiy
requireineni thai the accounis bjive a inje and fair vaeiy wliich is nol a maii¢r considered as part ol-an independeni
exyininulioii., or
Il)e 1cccounis have noi been prepiired in 1cccordance wilh the meih(Mls and principles of Il)e Siciieinei)i of
Recomimended PraLtiLe li)r uccountlllgF rfftd reportlllgT by charities (applicable l(Tr cliarities pr¥parift& their ￿¢cOUl￿(S
in ciccordance willi the Financicir Reporting Sthndard appliclc ble in the UK cind Republic of Ireland {fRS 102)).
I havc no conceTDS and hav¢ con)e across no other matteTs in connection with the examinaiioll to whi¢h aitention ghould
be drawn in ihis report in order to enable a proper undcrsthndinbT of (he accounrs io be reaclicd.
P E Fl Wri&hi FCA DChA
Sheeii SiickllL l)d
Chartered AccouniantS
7 ￿5t P4111ic nt
We51 Siissex
I￿19 1'1'R
Dale..
Pauje 4

C)xni#rk¢i Cenlre of Ai15 LI￿11¢￿
Sialenieijt of Finallcial Acti%'ities
roi. Ilie Year r,iJ(liYl 31st DeceNibcr 2023
2023
Totsl
funds
Unre5tr1c￿d
runds
Resiricied
funds
Endowmeni
fund
Total
N(K¢s
INCOME AND
F.NI)()WMENTS FROM
16.394
16,394
20,33(J
Charitable activities
CeiiirL' ol-Art%
95.892
95.892
93.280
Investmeiii income
17
24
Total
112.303
112.303
113.643
EXPF.NDITURE ON
R￿1$1￿￿
4,371
Ch#ri¢nble *cliviti¢s
Ccnire of AMS
119.707
119,707
125.245
Totil
119.707
119,707
129.616
Net bains on inveslmenis
NET
INCOMEJ(Expf.NDITUREI
(7.093)
17.093)
(1 fj,973)
Rf.CONCILIATION OF
FUNI)S
Total funds brought forw￿rd
246.434
246.434
26!,407
TOTAL FUNDS CARRIED
FORWARD
239.341
239,341
246.434
The notcs fomi part of these finic ncial slalernet]15

Oxmhrket Centre of Art$ Liniitc<l
Ilalaiice %lJ¢et
3 1st DLYemb¢r 2023
?023
Total
funds
2022
Unrestricted
ruTrd5
Resiricted
lunds
tmdowineni
[￿1)d
Notes
FIXED ASSETS
Tic Ngbible Iisseis
Invesinienis
10
206.725
238,909
312
207.037
207.037
238,910
CIIRRF.NT A.SSF.T8
Ikbior5
Cash at bank and in h1< nd
12
294
54.814
294
54,814
3.928
66.623
55.108
55.108
70,5£1
CREDITORS
year
13
{??.8041
(?2.804}
(63,027)
NET CURRENT ASSETS
32,304
32.3(
TOTAL Assf.T.S Lr,8
CURRFNT LIAIIILII'IF..S
739.341
239,341
246.434
NCT ASSETS
239.341
239,341
246,434
FUNDS
Unirslricied fiinds
14
239,341
246.434
TOTAL FUNDS
239.341
246.434
The charitable compaiiy is eniitled to exemption from audii under Seciion 477 of the Companies Aci 2006 for the year
ended 3 1st December 2023.
The Intmbers have not required the company io obtain audit of ils firnncial sta(ements for tli¢ year ended
31 st Decernber 2023 in accordance wiih Section 476 of the Companies Act 2W6.
The Irusiees acknowl¢d&r¢ their responsibililies for
(a)
en%uTinb Ihai Ihe cl)arilable company keeps accountinbr records th￿ comply with Sections 386 and 3x7 of the
Compilnies Act 2006 and
preparingT tin(Lneilc I Sllc iements which UTive a (rue and fair view of the sthie of affaits of tlie charilable coinpaiiy as
ai Ilie end of el¢ cli fink)ncial y&ir and of its SUTplus or deficir for each financial year in a¢coTdniicc with Ihe
requireiiicnts ot Sections 394 and 395 and which oihen¥ise coiiiply with Ihe requiretnenis of the Con)panies Act
2006 re11< tinb 10 lin4lncial statcments. so far £1S appIl￿bI¢ 10 tlie chariiablc conipany.
(b)
The Iioies fom) pan ofthe5e financial ￿atements
PaLi¢ 6
coiitinued...

xmarket Centre of Ar¢s Limitul
IlkilaiicL' %h¢et eontiniied
31 st l)ecembcr 2023
These Iin<incial st£ltemenis have treeii pwared in accordan¢¢ wilh tlie provisions applicable io charitable ¢onipanics
5ubjcct to the sinall cornpanie5 lebpime.
iancial slaieinenis were approved by ihe Board of 'ln]slees and auiliorised for
.... 'LJ4. and were 5ibit]ed on it5 beliaifby-.
issue
on
S R Siniih Tr￿Slee
LAMyles.
The noLe5 fom) Pl£ rt ofihese fiiiancial s(atcm¢nts
Pagje 7

Oxniurkct C¢iitre of Arts Lirnit¢d
Notes to Ili¢ FinAiicial Stxtemtiils.
loi. the Yciir F.ndcd 3 1st Dec¢mb¢r 2023
ACCOUNTINC. POLICIES
B*sis of prepllring the financial sl8t¢ment5
'l-he tiiiaiicial State￿enL% of ihe charithblc company, whicli is a piiblic benelit eniily under FRS 102. 1)Live been
prep11 l'ed in accoi'dan¢¢ with the Chc1ritlC5 SORP IfRS 102) 'AccounlinLJ and Reporting by Chariiies.. Siaienieiil
of Recommended Practice oppliubl¢ to charities prcparinb Ilieir accounts ID acc(Trrdante wilh the Finiincial
Reporting Standard 41ppIic<ible in the UK clnd Republic of Ireland {fRS 102) {cffeciive l January 20191,.
Fiiiancial Ileportiiig st<1nd1￿ rd 102 The F.'Lllclncial Reporting Siandard applicablL in the UK and Republic of
Ireland, and the Comp¢inies Act ?006. The fjnancial statements have I￿¢￿ prepared undeT tl)¢ hisioricic I cosi
convention, wtth the exception of investments which are included at fflarkei value.
Finan¢ixl reportin% standard 102 - reduced disc105ur¢ exemption5
The Lliari&1ble coinpany has iaken advanlabyt of the following disclosure exemption in preik)ring) Iliesc tii?ancial
siaiemeiiis, as perinitied by FRS 102 llh¢ Finai)cial Reportlllb sta1)￿7rd applicabl¢ ii) Ilie UK and Republic ot.
Ireland,:
the requirLinents of Seciion 7 Skniiemeni of Cash Flows.
Income
All iiicome ond donations ar¢ rccognised in the Siaiemeni of Fin1c ncial Ac(iviti¢s once the cliarity I￿S enliileineni
to the flind& it is probcible that the in¢orne will t>e received and the arnounr can be measured reliably.
Bookinbj fees ai)d deposits held in advance are deterred and recogniYd in th¢ pcriod in which they relaie to.
There were no donotion5 in kind durin8 the year.
F.xpei)diture
Liabili¢i¥% Lire recob?nised as expenditiire as 500n a% ihere 15 a legal or constructive oblig3tioii conimilllnb) the
chi1rity ro ihat expeTrditllr¢. it is prOb￿1b]e t￿1[ iransfer of econoniic benefits will be ￿quired in s¢iileEiieiit lind
Ihe ilmoiint ()[ Ilie obliuiaiion cali be rneasured reliably. Expenditiir¥ 1$ c1ccounted for oil an accruals basis 11 1)d has
en clLissified und¢r liettdinus ihai abgFregFate all cost related to ili¢ caiegTOry.
Allocation #pportionment of costs
Losls are IItsck)ILd between dirccl charitabl¢ and sUp￿rt co￿$ according io the of tl)¢ cost. Where items
involve moir than one category they are apportioned irtwecll ihc ¢at¢¥ories on a basis wliich is consistent with
Ilie u5¢ of resources.
Taiigibl¢ fixed Assets
D¢preeiaiion is pi'ovided at the followinbj annual rates in order lo ￿lIe off each Lsset over its esiimaled useful
rrcehold property
Improvement% to pioperty
Plani lid mc1chinLry
20/0 On COSI
on cosi
Fixed assets are Clc Pltalised where the iniit£11 cosi exc¢eds £300.
Tiixmtioii
Oxmllrket Cenire of Arts Liniited 15 a comp1c ny liri)ii¢d by bjuarantee and is a regiisiered cliarity (No 263367). As
resuli ofiis clii2ritabl¢ 5taius. Ilie cl)arily is ¢xetnpt Irom corporaiion lax 011 its cliaritoble activities.
Fuii(12d ¢coiinting
UnTestricied lund8 C41n be iised in accordcince with the charitable objectives ai the discreiioii of the IrusleLs.
R¢strirled fiiiids Cl£ n only be iised for Pl£ rticiilar rcstrieted piirpo%c5 Il'tihin the objecrs of the charity. Restriction.q
,Irise k¥lien spe¢ilied by Ihe donor or wh¢n lunds arc nifcd lor panicular rcsrriclcd p41rpo.%c%.
Pagje 8
coniinued...

Oxmmrket Cenlre of Art5 Limitcij
Notes to tlic Finxiicial St#t¢in¢iJts- ¢onfiNued
for Ihe Ycar Elided 3151 December 2023
ACCOUNTING POLICIES- eontinued
Fund accountii)g
Endowmeni IuThd.5 4?re lulld.% &iiven 10 Uie ilie Charity to be held as capitsl lyjt wliicli cai), 01 ihe disciElion of the
Iru8leLs. be applied incoiiie for these wrpose5.
Further explanation of the nature and PUTpose of each fund is included in ih¢ noies ￿ d)e fiiian¢ial slal¢inenls.
l>tnsioii eosis #t)d other post-r¢¢ir¢ment bt*tfits
I'he charitable eompclny operaies a defined ￿ntribu[lOn ponsion sthLTne. Contributiuns payable 10 the chiTrritable
company's wnsion schenie are chlc r¥cd 10 the S11c ieinent ol-Financial Activities in tl)e period la which Iliey relate.
Ivv¢strneiit5 investment income
All ii?vestinenis ¢lre siat¢d at market valiie and Ihe movemeni shown Comprises trf>tli realised and unrcalised blains
and losses.
R¢alised Lliins or losses ari5inLv on the disposal of invesiments Ilogi¢ther with provisions foT diininution in Vk)lue).
are credited or d¢biied 10 ilie Siatemenl of Finuncial Activitie& and subsequently transfe]red io unrcstricted
lunds.
Invesimeni income (incliiding? associaced recov¢rdble} is Credited 10 the Sts¢¢ment of Financial Activities
when r¢ceivc1blc.
Grants Receivable
Crani8 tor iiMnTrcdiaie expenditurc are a￿O￿nIc￿ for when Ihey become Tettivable. Grnnls received for sp¢cifJ¢
puipose5 are irec2tcd cls ￿strIcted funds. GranLS restricted to future accountinu periods are deferred cind
rxoyiis¢d in t1i05e peri￿ls.
tK)NATIONS AND LEGACIES
2022
Ikin<ilions
Giftaid
Grants
InsuTance Ine4)me
12,509
85
3,800
8.435
3,352
7.000
1,552
16,394
20.339
Grant5 received. includ¢d in the atx>ve. are cls follow5-
2023
2022
Chidiesier Dislri¢t Collncil - Business Reli¢r
3.800
7,000
Pag¥e g
conlinLied..

O%inarket Centrc of Arts LimitLYI
Noles to tlie FiiianciAI StAtemeNts- continued
for th¢ Ye￿r EiidL.d 315¢ Deccinbcr 2023
INVCSTMENT INCOME
2023
202?
[Jividen(L￿ Teceived
24
INCOME FROM CHARITABLE AcfiviTIES
?023
2022
Aciiviiy
Centre ofArts
Centre of Arts
Subscripiions
Bookiiig lee5
Coiiiinissioti on sale of
ai'twork
Otli¢r in¢ome
Oxmarket open
51,452
34.174
Centre of Art5
Centre of Arts
CentreofArts
44.339
511,989
355
7.740
95.892
93.280
CHARITABLF, ACTIVITIES COSTS
SUp￿rI
costs {see
no* 61
Direci
Costs
Totals
Centre ol'Arts
50,525
69.182
119.707
SUPPORT COSTS
Governanc¢
costs
Management
rinpnce
Tota15
Centre of Arts
65.196
3.475
69,182
NET INCOMEI(F.XPF.NDITURE)
Net incomellexpenditUT¢) is stated after chic rgingllcreditingl-
2022
Independent examination f¢¢5
Depreciiltioii own¢d ass¢is
3.47$
32,184
2.100
32.775
Pagie 10
coniinued.

OXI￿￿rket Ceiilr¢ of Art5 Limited
Nul¢% to tlie Fin#ncial St#l¢ineiils- conlinued
ror tlie Year End¢d 31st December 2023
TRUSTF.ES' RF,MUNERATION AND BENEFITS
There weie no Mistees, rtmtsneniion or other knefiis for the year ended 31si Dffeniber 2023 iior for Ilie year
ended 31 si December 2022.
Tru$lees' expenses
DuringF th¢ year ended 3 Isi December 2023 truste￿ wcr¢ re1imbu￿j gallery expenses ioialling? £1.781 (2022..
£3.213).
There were no other payrnentS to (rnS(tts during ihe year other tlian the Teimbursetn¢nt of expenses InCu￿ed in
Ihe noniial course of biisiness.
srAFF COSTS
2023
2022
Wage.% *thd salaries
Sociiil seciirity ci)sts
OLh¢r pension cosis
48,574
53.831
1,036
49,610
56,299
The aveTagFe monthly nurnber of ernployees durin# the year wa5 as follows..
2023
2022
Adininistratio
No employees received emOliunen￿ in exces5 of £60.000.
TANC.IBLE Fixfi D ASSETS
lfftwoveinenis
to
property
Freehold
proFerty
Plani and
machinery
Tolals
COST
At 1st Janiiary 2023
31 si Deceniber 2023
119.917
203,190
374.462
DEI PRECIATION
Ai I sl Jic lliiii ry 2023
ClIDrgF¢ for ye1¢ r
25.183
60.9.$7
30.479
49,413
506
135,5.$3
32,184
At 31 st December 2023
26,382
91.436
49,919
167,737
NET BUOK VALUE
A(3 Isi Deceinb¢r 2023
1)3,535
1,436
206,72.S
Ai 31 si Deceinber 2022
94.734
142,233
1.942
238,909
Page I

Oxlliai-k¢.I C¢'ntre of Arts Limit¢(I
Notcs io tlie Fiii#nri41 Stiiiemeiils continued
fui. the VLar Ended Jlsl tkLcinber 2023
FIXF.I) ASSET INVESTMF.NTS
Shares in
Listed
ndenakinLvs
Totals
MARKEI. VALUF
Ai Isl Jaiiiiary 2023
Additions
At 31 st Decemb¢r 2023
312
NET IIOOK VALUE
At 31 si Deceinber 2023
312
Ai 3 Isi Deceinber 2022
Th¢r¢ were no inveslmeni ns5e15 (Triilside the UK.
Cosi or V£11iiaiion al 3 1st l)¢¢¢rnber 2023 is represented by-
Shares in
grwp
￿￿ertakin￿T
Li%ied
invesimei)ts
Totsls
Cost
312
The tomp£lny's inve5tin¢nts ai ihe balance sheei date in ihe shatt capi￿1 of c¢)mpanies include tlie following..
OxmArkct Trading Limited
RegTisteTed oftice.. Si Andrews Court. Off Ea￿ S(reeL Chichester. West Sussex. P019 1 YH
Class of share..
Ordin<iry
holding
100
31.12.23
31.12.22
A&gTr1.eg?￿7t¢ capital aIid reserves
ProliV(lossl lor the y¢ari period
1,646
(4.711)
12.
Dri IITORS: AMOUNTS FALLINC DUE WITHIN ONE YEAR
2023
Amounts owed by bjroup Imdertaking
Other debto
437
3.491
294
294
3,928
Oll ?5th Ociober 2021 a llew tradin&1 subsidiary. O¥markei'l radiiig Limiied Iconipany Nuinbcr 137019791. was
incoTponied io hike on Ihe 0￿￿tIonS of ihe sliop. Tli¢ balance above r¢lales lo amounts due to Oxmarkel
Tr¢1din&) I,imit¢d <1131 [kCeml￿r 20?i in relaiion tu sales diid expenses.
Page 12

Oxm#rkct C¢ntre of Arts LiiMil¢d
Notes ¢0 tlie Fiii#neiAI St#t¢ment5 - Cvlltinucd
for the Year F.nded 31st Deeember 21)23
13.
cilri Dll'OKS.. AMOUNTS FAI.Lif4c. DUF. WITHIN of4F. YEAR
2022
Triide creditors
Amouiils owed lo gjroup iindertakings
Soci&l secLirily and oilier l£TrX¢S
Otlier creditors
Accriidls and deferred incorne
1.774
4,586
lJ28
3,866
11,250
3.449
1.797
?7,360
30.421
22,804
63.027
14.
MOVF.MfNT IN FUNDS
Net
movement
iTr funds
Ai
31.12.23
Ai 1.1.23
Unr¢slri¢ted funds
Genei'al liind
Buil(liJig Fund (Desibpnaled)
Cnpiul Fiind (tksiunatedl
150,59.S
95,839
{7,0151
(1.1991
143.580
94,640
246.434
{7.(1931
239,341
TOTAL FUNDS
246.434
{7.093}
239.341
Ner movement in fiinds. incliided in the aixTrve are as follows..
Incomin
resoiirces
Resources
expended
Gain5 aiid
losses
Mov¢ment
in fiinds
Unrestricted funds
General lund
uildinb FLind IDesigTnaledl
Capital Fund I[k5l￿￿7ted)
112,303
(119.62Q)
(I.IcA)
(7,015)
112J03
(119.7071
(7,093)
TOTAL FUNDS
112.303
(119.7071
(7,093)
Page 13
coniinued...

Oxm&rket CcnirL' ol Arts Liinited
Notes to thc Fiii#llci81 St*TrtL•mtiiig- eoniinucd
for tlic Year F.ndeil 3 1st DccembL'r 2023
14.
MI)V LMf.NT IN FUN DS- eonliniicd
cOmp￿rativeS for mov¢m¢nt in fund5
Net
movemcnt
in funds
Transfe15
betweeii
fuiids
Ai
31.12??
Ai 1.1.22
Unrestrict¢d
Gener<il fulld
Biiildingi Fund {DesiLFnaied)
Capiial Fund (D¢sibTnaiedl
165.713
95.839
855
115,085}
(33)
1 $0,-595
9.S,839
{888)
33
262.407
115.973)
246,434
TOTAL bUNDS
262.407
115.973)
246,434
Comparotive iiet movemcni in fun(Ls. ineliided in ihe above 4we ÉLS follows..
Iwon)tng
Tcsources
Resources
expcnded
Mov¢n)eni
in lunds
Unrt5trieted funds
Ggner<il liind
Capilc11 Fund (D¢sigTnaied}
113,643
(128,728)
{8881
{15.0851
1888)
113,643
1129.6161
115,9731
TOTAL FUNDS
113.()43
1129,616}
115,9731
A current year 12 month5 £lnd prior year 12 wnonths combined w￿11]0￿ is LS follows-
Net
nK)vemeni
in fiinds
Trnn5fers
beiiveen
fijnds
At
31.12.23
Ai 1.1.22
Uiircslriettd funds
Geiieriil fund
Biiilding fund IDegignc1ted)
165,713
95.839
855
122.1001
(1.199)
233
{J3)
143,580
94,640
33
262,407
123.066)
239,341
TOTAL FUNDS
262.407
123.066)
239.341
14

OxmJrk¢i Cciifre of Arts Llniited
Notcs to thl, Fin#iiei#l St#tcin¢nts- cvnlknucd
ror the Ye4r r. dcd 3 Isl Deeeniber 2023
14.
Movf,MF.NT IN FUNDS- eoniinued
A curreni year 12 monihs nd prior year 12 Movdis ¢ombincd net movement iii funds. included in tlie above are
as follow.s'.
Incoming
resourccs
Resoiir¢es
expended
Gains and
105ses
Movement
in funds
Unrestricted fiLnd5
Gei)¢ral lund
Building Fund (Degigpnaied)
Pilcil Fund IDe5igynated)
225.946
{?48 J57)
(1,199)
233
{22.100)
{1.199}
225.946
{249J231
123,066)
TOTAL FUNDS
225.946
{249J23)
{23,066}
The incoine liinds of tl?e Chariiy include desiyiaied fvnds which have been sel aside out ofunreslricled funds by
Ilie trustee5 ltir specilic pyrposes.
RELATED I)ARTY DISCLOSURLS
Th¢it w¢re no related party trdll&gCtions for the year ended 3 1st December 2023.
PauFe 15

OxniArk¢t Cenlre of Arl8 Limited
D¢tdil¢d StalLbmeiil of Finid ncial Attivitie.8
ror the Y¢Mr Ejided 31st D¢¢¢mber 2023
2023
202?
INCOMF. AND F.NDOWMF.NTS
l)onitions and legacics
t)onlÉ lions
Giftaid
Graiits
Insunnce Income
12,509
8.5
3.800
5,435
3.3.$2
7.000
16.394
20,339
Invi'stmenl incume
Dividends receiv¢d
17
24
Ch*rltAble Hftiviti¢s
Siibscriptions
Bookinu tees
Commission on snle of artwork
Oiher iiicomc
OKm£irker or￿n
22
34,174
-50,989
355
7,740
51,452
44,339
95.892
Total incoming re5011rcrt
112.303
113.643
EXPF.NDITURE
Oth¢r Irthdrng activities
Evenis clnd fiiiidri11SITbbT expeiises
4,371
Cliaritable aetivitiC5
48.474
53.831
Social secLirity
Pensions
Pr¢niise5 ninning exp¢iises
Repairs and mainter*ic nce
1,036
7,776
16.861)
1,250
540
50.525
68.455
Siipport eosts
Managem¢vt
Offi¢¢ expcnses
Bookkeeping) f¢e5
Iiisuran¢¢
Oih¢r expenses
F￿ell01d property
Improveinenls io propeny
l)It)nt Lind Inacliinery
6,634
12.4.59
5.197
8.721
1.199
30.479
507
5,649
?.779
4,325
9.175
1.019
30,479
888
65,196
54,314
This Pclgie does not fomi part of die staiu¢ory financial stalements

Oxrnarket Ceiitrc of Arls l.iniiteil
Detailed St4ieineJil of FiiiHnciiil Aciivitie$
foi. the Year Ended 3 1st DeceNibcr 2023
2023
2092
Managemenl
376
GovernaDcc costs
Independent examination fees
2.11)0
Total reso(Irce.s ex￿nded
119.707
129,616
Net cxpenditiire
17,4041
{15,9731
This pabie does noi fortll P£lrt ofihe $￿t￿LOry financial staiemenis
Pasje 17