**REGISTERED COMPANY NUMBER: 01114273 (England and Wales) REGISTERED CHARITY NUMBER: 0266038**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **FOR**
## **BATH ARTS WORKSHOP LIMITED**
Berkeley Hall Marshall Limited 6 Charlotte Street Bath BA1 2NE
**BATH ARTS WORKSHOP LIMITED**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**|6|to|7|
|**Notes to the Financial Statements**|8|to|14|
|**Detailed Statement of Financial Activities**|15|to|16|
**BATH ARTS WORKSHOP LIMITED (REGISTERED NUMBER: 01114273)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The principal objective of the company is to promote, encourage and increase the appreciation and understanding by the general public of the arts generally, and promote education in all sections of the community of both cultural and creative arts. This is achieved primarily though the performances of The Natural Theatre Company (a trading name) and educational workshops.
## **Significant activities**
This financial year was severely affected by the after effects of the COVID pandemic, with a lot of self-isolation from performers and clients who had contracted the virus. Some restrictions were still in place until late May 2021 and voluntary restrictions were still in place in many venues. However, a number of grants and support packages were still available at this time
- We provided socially distanced costumed interpretation at the Roman Baths from its re-opening on 17th May until the end of the year
- We restarted a National Lottery Heritage fund grant for the "Hidden Heroes" participation project. The research
- element was conducted online.
- We created a post-lockdown participation project partly online and in person called Bradford On Avon Unlocked
- We created a participation Project with Bath Fringe
- We remounted our indoor show "Dirty Bath" to reopen The Rondo Theatre
- We completed the final Drug Awareness Films for DHI
- We remounted our Shakespeare Undone walking show in Bath and Bristol
- We worked with the Jane Austen Festival by remounting Austen Undone and creating a new show A Decent Proposal
- We produced a new show "The Truth About Harry Beck" at The Theatre Royal Bath
- We started a new programme of one-to-one work supporting three SEN students
- There was a number of other private and public Gigs including performances at Bath Christmas Market
- We created a Christmas Show for families, "The Panto & The Pea" at The Rondo Theatre
- We held auditions and took on 8 new performers
- We held four training days for our performers
- We ran a participatory community project called "Unheard Voices" funded by WECA that explores our Diversity &
- Inclusion ambitions by studying and publicly presenting local marginalised characters, be they historical or alive - We restarted our Theatre School
As the accounts show, the company has substantially recovered its financial position as it was at April 2020, turning circa a £45k loss into a £35k profit within this FY. This £80k turn around in fortune is a strong testament to the prudent financial management of the company, and the resilience and adaptability of the senior management team.
## **Public benefit**
The charity objectives and aims are performed with regard to the Charity Commission guidance on public benefit.
## **Social investments**
These were received from:
- performance fees
- Government & BNES COVID Business Support Grants
- the Government furlough scheme
- West Of England Combine Authority
- The Arts Council of England
- donations from local business and trusts
- building hire.
Page 1
## **BATH ARTS WORKSHOP LIMITED (REGISTERED NUMBER: 01114273)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
## **OBJECTIVES AND ACTIVITIES**
## **Strategies**
Strategies employed to achieve the objectives:
- continued support of several community and education projects, including youth theatres and work experience weeks for young people
- the hire of the studio, workshop and office space
- increased Twitter, Facebook and Instagram activity
- To assist our restart from Lockdown we used the Arts Council Cultural Recovery Funds to hold training and development time and to remount a number of shows to create work opportunities for our performers and engagement opportunities for our audiences
## **Future plans**
The challenge for the company is to build upon the return to financial health demonstrated in these accounts and place the company on a growth trajectory.
In order to achieve this our future plans include goals to:
- increase the diversity and inclusion of the company
- develop new performances
- diversify our client portfolio
- continue to develop education/participation strands
- create projects to sell directly to the general public
- to analyse the success of work and client response in a post pandemic world
- to build a new business plan for 2023-6
## **RESERVES**
The trustees have decided that £70,000 should be kept in reserve at all times as a contingency. This figure breaks down as follows; £45,000 to cover maintenance of essential services, £10,000 to support the cash flow of the charity and £15,000 for unplanned closure, to meet pay and redundancy costs. This Reserves Policy have been reviewed for the next financial year.
At the end of the year, the charity had unrestricted net current assets of £111,033.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, memorandum and articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companies House Act 2006.
## **Trustees and organisational structure**
Trustees are appointed by the board of trustees and normally serve for a period of three years, at the end of which time they may seek re-appointment. The minimum number of trustees (a quorum) is three and the maximum thirty. Trustees agree the broad strategy for the company and delegate day to day administration and implementation to the artistic director. The trustees keep the skill requirements of the board under review. New trustees may be sought by open advertisement or through dialogue with candidates with relevant expertise. Selection of new members is a matter for the existing board. On appointment, new members are given an introduction to the work of the company and provided with information about their role and charity law.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
01114273 (England and Wales)
## **Registered Charity number**
0266038
## **Registered office**
Widcombe Institute Widcombe Hill BATH BA2 6AA
Page 2
## **BATH ARTS WORKSHOP LIMITED (REGISTERED NUMBER: 01114273)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
## **Trustees**
M R Fineman (resigned 19.10.21) O J Norton (resigned 16.3.22) D J Looman P B Eccleson G D Stobart H D Blyth (appointed 25.1.22) C E Richards (appointed 2.8.22)
## **Company Secretary**
A P Burden
## **Independent Examiner**
Berkeley Hall Marshall Limited 6 Charlotte Street Bath BA1 2NE
## **INVESTMENT POLICY AND OBJECTIVES**
The charity has limited reserves and these are generally held in accounts which are readily accessible. The trustees are, however, mindful of their responsibilities and seek to obtain the best returns available within the context of such a policy.
The charity owns the freehold of the building from which it operates. The building is shown as a designated fund in the accounts to distinguish it from readily available funds.
## **FINANCIAL REVIEW**
The financial statements of the charity for the year ended 31 March 2022 show a surplus of £35,180. After taking into account all sources of income, and not including the depreciation of the building, the surplus was £48,879. This has helped to offset the deficits of the previous two years which were affected by the COVID pandemic.
During the year, the company received £86,581 in grants and donations, which was used during the year to meet the running costs of the company. The trustees continue to actively review and consider all funding options and the Board has implemented strategies to match income to costs to secure the long term future of the Company.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.................................................................... D J Looman - Trustee
Page 3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BATH ARTS WORKSHOP LIMITED (REGISTERED NUMBER: 01114273)**
## **Independent examiner's report to the trustees of Bath Arts Workshop Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Matthew Small FCA ICAEW Berkeley Hall Marshall Limited 6 Charlotte Street Bath BA1 2NE
Date: .............................................
Page 4
**BATH ARTS WORKSHOP LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**2022**
Unrestricted
Restricted
**Total**
funds
fund
**funds**
Notes
£
£
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**72,307**
**14,274**
**86,581**
**Charitable activities**
Touring income
**198,524**
**-**
**198,524**
Other trading activities
2
**71,239**
**-**
**71,239**
Investment income
3
**2**
**-**
**2**
**Total**
**342,072**
**14,274**
**356,346**
**EXPENDITURE ON**
Raising funds
**9,494**
**-**
**9,494**
**Charitable activities**
Production expenses
**243,498**
**8,459**
**251,957**
Touring expenses
**8,809**
**83**
**8,892**
Administration
**20,492**
**2,465**
**22,957**
Overheads
**26,685**
**-**
**26,685**
Other
4
**1,181**
**-**
**1,181**
**Total**
**310,159**
**11,007**
**321,166**
**NET INCOME/(EXPENDITURE)**
**31,913**
**3,267**
**35,180**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**736,159**
**115,882**
**852,041**
**TOTAL FUNDS CARRIED FORWARD**
**768,072**
**119,149**
**887,221**|2021
Total
funds
£
17,995
71,350
44,713
15
134,073
12,447
120,968
3,573
3,231
37,952
1,113
179,284
(45,211)
897,252
852,041|
|---|---|
The notes form part of these financial statements
Page 5
## **BATH ARTS WORKSHOP LIMITED (REGISTERED NUMBER: 01114273)**
## **BALANCE SHEET 31 MARCH 2022**
|Notes
**FIXED ASSETS**
Tangible assets
9
**CURRENT ASSETS**
Debtors
10
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
11
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
12
Unrestricted funds:
General fund
Designated fund
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
**657,039**
**35,206**
**86,730**
**121,936**
**(10,903)**
**111,033**
**768,072**
**768,072**|Restricted
fund
£
**89,687**
**9,150**
**44,120**
**53,270**
**(23,808)**
**29,462**
**119,149**
**119,149**|**2022**
**Total**
**funds**
**£**
**746,726**
**44,356**
**130,850**
**175,206**
**(34,711)**
**140,495**
**887,221**
**887,221**
**154,172**
**613,900**
**768,072**
**119,149**
**887,221**|2021
Total
funds
£
763,260
5,498
116,042
121,540
(32,759)
88,781
852,041
852,041
111,624
624,535
736,159
115,882
852,041|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
## The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
## **BATH ARTS WORKSHOP LIMITED (REGISTERED NUMBER: 01114273)**
## **BALANCE SHEET - continued 31 MARCH 2022**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. D J Looman - Trustee
The notes form part of these financial statements
Page 7
**BATH ARTS WORKSHOP LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost Motor vehicles - 15% on reducing balance Equipment - 25% on reducing balance
Freehold property is to be depreciated over 50 years, holding a residual value of £200,000.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
The restricted fund represents funds received towards the capital building costs to be carried out to transform the premises into more practical workable areas, together with grants from the Arts Council and Bath and North Somerset Council specifically to maintain the artistic programme.
The designated fund consists of funds raised towards the purchase of freehold premises.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 8
continued...
## **BATH ARTS WORKSHOP LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **2. OTHER TRADING ACTIVITIES**
|Sundry income
**3.**
**INVESTMENT INCOME**
Bank interest received
**4.**
**OTHER**
Accountancy
Independent examination
**5.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets|**2022**
**£**
**71,239**
**2022**
**£**
**2**
**2022**
**£**
**681**
**500**
**1,181**
**2022**
**£**
**16,534**|2021
£
44,713|
|---|---|---|
|||2021
£
15
2021
£
613
500
1,113
2021
£
17,149|
## **6. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **7. STAFF COSTS**
Staff costs : 2021 2020 £ £ Salaries and fees 129,493 280,105 Social security costs 3,026 4,736 Total 132,519 284,841
The average weekly number of employees during the year, including the services of performers who retained reserved self-employed status, was 47 part time and 2 full time (2020 - 47 part time and 2 full time)
No employee received emoluments of more than £60,000 during the year.
Page 9
continued...
**BATH ARTS WORKSHOP LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **7. STAFF COSTS - continued**
The average monthly number of employees during the year was as follows:
|Administration
Performers
No employees received emoluments in excess of £60,000.
**8.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
14,939
**Charitable activities**
Touring income
71,350
Other trading activities
44,713
Investment income
15
**Total**
131,017
**EXPENDITURE ON**
Raising funds
12,447
**Charitable activities**
Production expenses
117,931
Touring expenses
3,573
Administration
3,231
Overheads
35,548
Other
1,113
**Total**
173,843
**NET INCOME/(EXPENDITURE)**
(42,826)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
778,985
**TOTAL FUNDS CARRIED FORWARD**
736,159|**2022**
**2**
**47**
**49**
Restricted
fund
£
3,056
-
-
-
3,056
-
3,037
-
-
2,404
-
5,441
(2,385)
118,267
115,882|2021
2
47
49
Total
funds
£
17,995
71,350
44,713
15
134,073
12,447
120,968
3,573
3,231
37,952
1,113
179,284
(45,211)
897,252
852,041|
|---|---|---|
Page 10
continued...
**BATH ARTS WORKSHOP LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **9. TANGIBLE FIXED ASSETS**
|**COST**
At 1 April 2021 and
31 March 2022
**DEPRECIATION**
At 1 April 2021
Charge for year
At 31 March 2022
**NET BOOK VALUE**
At 31 March 2022
At 31 March 2021|Improvements
Freehold
to
property
property
£
£
**650,000**
**234,908**
**99,000**
**39,559**
**9,000**
**4,699**
**108,000**
**44,258**
**542,000**
**190,650**
551,000
195,349|Motor
vehicles
£
**25,321**
**11,389**
**2,090**
**13,479**
**11,842**
13,932|Equipment
Totals
£
£
**123,245**
**1,033,474**
**120,266**
**270,214**
**745**
**16,534**
**121,011**
**286,748**
**2,234**
**746,726**
2,979
763,260|Equipment
Totals
£
£
**123,245**
**1,033,474**
**120,266**
**270,214**
**745**
**16,534**
**121,011**
**286,748**
**2,234**
**746,726**
2,979
763,260|
|---|---|---|---|---|
|||||**270,214**
**16,534**|
|||||**286,748**|
|||||**746,726**|
|||||763,260|
## **10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade debtors
Other debtors
VAT
Prepayments
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Social security and other taxes
VAT
Other creditors
Accrued expenses
Deferred income|**2022**
**£**
**25,884**
**9,150**
**-**
**9,322**
**44,356**
**2022**
**£**
**942**
**562**
**6,684**
**1,359**
**1,357**
**23,807**
**34,711**|2021
£
-
-
1,029
4,469|
|---|---|---|
|||5,498|
|||2021
£
99
1,306
-
31
1,357
29,966|
|||32,759|
Page 11
continued...
## **BATH ARTS WORKSHOP LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **12. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Designated fund
**Restricted funds**
Restricted funds
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
Designated fund
**Restricted funds**
Restricted funds
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
Designated fund
**Restricted funds**
Restricted funds
**TOTAL FUNDS**|At 1.4.21
£
**111,624**
**624,535**
**736,159**
**115,882**
**852,041**
Incoming
resources
£
**342,073**
**(1)**
**342,072**
**14,274**
**356,346**
At 1.4.20
£
143,816
635,169
778,985
118,267
897,252|Net
movement
At
in funds
31.3.22
£
£
**42,548**
**154,172**
**(10,635)**
**613,900**
**31,913**
**768,072**
**3,267**
**119,149**
**35,180**
**887,221**
Resources
Movement
expended
in funds
£
£
**(299,525)**
**42,548**
**(10,634)**
**(10,635)**
**(310,159)**
**31,913**
**(11,007)**
**3,267**
**(321,166)**
**35,180**
Net
movement
At
in funds
31.3.21
£
£
(32,192)
111,624
(10,634)
624,535
(42,826)
736,159
(2,385)
115,882
(45,211)
852,041|
|---|---|---|
Page 12
continued...
**BATH ARTS WORKSHOP LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **12. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Designated fund
**Restricted funds**
Restricted funds
**TOTAL FUNDS**|Incoming
resources
£
131,017
-
131,017
3,056
134,073|Resources
Movement
expended
in funds
£
£
(163,209)
(32,192)
(10,634)
(10,634)
(173,843)
(42,826)
(5,441)
(2,385)
(179,284)
(45,211)|
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Designated fund
**Restricted funds**
Restricted funds
**TOTAL FUNDS**|At 1.4.20
£
143,816
635,169
778,985
118,267
897,252|Net
movement
in funds
£
10,356
(21,269)
(10,913)
882
(10,031)|At
31.3.22
£
154,172
613,900|
|---|---|---|---|
||||768,072
119,149|
||||887,221|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Designated fund
**Restricted funds**
Restricted funds
**TOTAL FUNDS**|Incoming
resources
£
473,090
(1)
473,089
17,330
490,419|Resources
Movement
expended
in funds
£
£
(462,734)
10,356
(21,268)
(21,269)
(484,002)
(10,913)
(16,448)
882
(500,450)
(10,031)|
|---|---|---|
Page 13
continued...
**BATH ARTS WORKSHOP LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **13. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2022.
Page 14
**BATH ARTS WORKSHOP LIMITED**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants
**Other trading activities**
Sundry income
**Investment income**
Bank interest received
**Charitable activities**
Performance fees
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Administration staff fees
**Charitable activities**
Administration staff fee
Social security
Pensions
Rates and water
Insurance
Light and heat
Telephone
Stationery and printing
General publicity
Performer fees
Other production fees
Costume and props
Misc running costs
Travelling
Accommodation
Subsistence
Vehicle maintenance
Vehicle insurance
Subscriptions
Sundries
Premises expenses
Freehold property
Improvements to property
Depreciation
Carried forward|2022
£
**348**
**86,233**
**86,581**
**71,239**
**2**
**198,524**
**356,346**
**9,494**
**70,945**
**2,781**
**2,212**
**459**
**6,591**
**4,141**
**1,774**
**2,437**
**713**
**146,841**
**20,820**
**7,553**
**805**
**6,087**
**1,127**
**454**
**1,482**
**1,292**
**-**
**880**
**13,944**
**9,000**
**4,699**
**745**
**307,782**|2021
£
225
17,770
17,995
44,713
15
71,350
134,073
12,447
70,533
3,026
2,154
1,074
10,907
3,179
1,611
902
182
44,360
1,871
3,638
(145)
1,326
-
-
774
1,473
43
80
1,172
9,000
4,699
993
162,852|
|---|---|---|
This page does not form part of the statutory financial statements
Page 15
## **BATH ARTS WORKSHOP LIMITED**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**Charitable activities**
Brought forward
Motor vehicles
Bank charges
**Other**
Accountancy
Independent examination
Total resources expended
**Net income/(expenditure)**|2022
£
**307,782**
**2,090**
**619**
**310,491**
**681**
**500**
**1,181**
**321,166**
**35,180**|2021
£
162,852
2,459
413
165,724
613
500
1,113
179,284
(45,211)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 16