# ## ## |||||Page| |---|---|---|---|---| |Trustees'
annual
report||||1| |Independent
examineVs
report||to the trustees||| |Statement
of financial|activities|||| |Statement
of financial|position|||| |Notes to the financial|statements|||| |The following pages|do not form part of||the financial statements|| |Detailed statement
of|financial|activities||14| |Notes to the detailed|statement|of financial|activities|15| ## ## # ## ## ## ## # ## ## ## ## ## ## ## ## ## ## ||||Year e|nded|31 Decemb|er 2022||| |---|---|---|---|---|---|---|---|---| |||||||2022||| ||||||Unrestricted|Restricted||| ||||||funds|funds|Total funds|Total funds| |||||Note|5|5|5|f| |Income and endowments||||||||| |Donations
and legacies||||4|365309||365~|77,488| |Other fundraisiug
activities||||5|3,099||3,099|1,415| |Investment
income||||6|1,286||1,691|537| |Total income|||||369,694|405|370,099|79,440| |Expenditure||||||||| |Expenditure
on charitable||activities||7,8|104,926|10,000|114/26|19,363| |Total expenditure|||||104,926|10,000|114@26|19,363| |Net income and net|movement||in funds||264,768|(9,595)|255,173|60,077| |Recondllatlon
offtmds||||||||| |Total funds bmught|forward||||120327|100,881|221,108|161,031| |Total hmds carried|forward||||384,995|91386|476~|221,108| ## ## ||||||2021| |---|---|---|---|---|---| |||Note|||f| |Current assets|||||| |Debtors||12|142||| |Cash at bank and in hand|||477419||221,108| ||||477/61||221,108| |Creditors: amounts|falling due within one year|13|1,680||| |Net current assets||||476/81|221,108| |Total assets less current liabiTities||||476~1|221,108| |Funds ofthe charity
Restricted funds||||91~|100,881| |Unrestricted
funds||||384,995|120,227| |Total charity funds||14||476~1|221,108| ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||Umestricted|Restricted|Total Funds| |---|---|---|---|---|---|---|---|---|---| ||||||||Funds|Bmds
f|2022
f| ||Legacies||||||||| ||Legacies dt|Bequests|||||||349,000| ||Gifts||||||||| ||Corporate Benefactors||||||||1,000| ||Subsniptions||||||||| ||Subscripdons||Annual|Members|||9,400||9,400| ||Subscriptions||Life Members||||1,875||1+75| ||Subscriptions||Rembrandt||Members||300||300| ||Subscriptions||Vermeer|Members|||750||750| ||Gift Aid Repayments||||||2,764||2,764| ||||||||365,309||365~| ||||||||Unrestricted|Restricted|Total Funds| ||||||||Funds|Funds
f|2021
f| ||Donations||||||||| ||Donations||||||20,653|32,000|52,653| ||Legades||||||||| ||Legacies dr|Bequests|||||||| ||Gifts||||||||| ||Corporate Benefactors||||||1,500||1,500| ||Subscriptions||||||||| ||Subscriptions||Annual Members||||9,220||9320| ||Subscriptions||Life Members||||875||875| ||Subscriptions||Rembrandt||Members||900||900| ||Subscriptions||Vermeer|Members|||750||750| ||Gift Aid Repayments||||||3,590|8,000|11,590| ||||||||37,488|40,000|77,488| |||||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||||Funds
f|2022|Funds
f|2021
f| ||Fundraising|events||||3,099|3,099|1,415|1,415| |6.|Investment
income||||||||| ||||||||Unrestricted|Restricted|Total Funds| ||||||||Funds|Funds|2022| ||||||||||f| ||Bank interest||receivable||||1&6|405|1,691| ## ||||||||||||||Unrestricted|Restricted|Restricted|Total Bmds| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||||Funds
f||Funds
f|2021
f| ||Bank interest|||receivable|||||||||264||273|537| |7.|Expenditure|||on charitable||activifies||by fund type||||||||| ||||||||||||||Unrestricted|Restricted||Total Funds| ||||||||||||||Funds
f||Funds
f|2022| ||Charitable||Activities||||||||||103,757||10,000|113,757| ||Support costs||||||||||||1,169|||1,169| ||||||||||||||||10,000|114@26| ||||||||||||||Unrestricted|Restricted||Total Bmds| ||||||||||||||Funds
f||Bmds|2021
f| ||Charitable||Activities||||||||||18,866|||18,866| ||Support costs||||||||||||497|||497| ||||||||||||||19,363|||19,363| |L|Expenditure|||on~ecttvtthn||||by'activity|||type|||||| |||||||||||Activities||||||| ||||||||||undertaken|||||Total funds||Total fund| |||||||||||directly||Support costs
f|||2022
f|2021
f| ||Charitable|Activities||||||||113,757|||||113,757|18,866| ||Governance||costs||||||||||1,169||1,169|497| |||||||||||113,757|||1,169||114/26|19,363| |9.|Independent||examination|||fees||||||||||| |||||||||||||||||2021| |||||||||||||||||f| ||Fees payable||to the independent||||examiner for.|||||||||| ||Independent||examination||ofthe financial statnuents|||||||||||| |10.|Sbdf costs|||||||||||||||| ||The total staff|||costs and nnployee|||benefits for|||the|reporting||period are analysed||as follows:|| ||||||||||||||||2022|2021| |||||||||||||||||f| ||The average||head count ofemployees|||||during|the year was||||Nil (2021:Nil).|||| |11.|No employee received employee
benefits of
Trustee remuneration
and~||||||||more||than f60,000during
the|||year|(2021:Nil).|| ## ## ## ## ## ## |12.|Debtors||||||||| |---|---|---|---|---|---|---|---|---|---| |||||||||2022|2021| |||||||||f|f| ||Prepayments|and accrued income||||||142|| |13.|Creditors: amounts||falling due within one year||||||| |||||||||2022|2021| ||||||||||f| ||Trade creditors|||||||1,680|| |14.|Analysis ofcharitable|||Amds|||||| ||IJnrestrtcted|funds|||||||| ||||||||||31December| ||||||1January|2022|Income
f|Expenditure|2022| ||||||120,227||369,694|(104,926)|384,995| ||||||||||31December| ||||||1January|2021|Income|Expenditure
f|2021
f| ||General funds
R~funds||||100,423||39,167|(19,363)|120,227| ||||||||||31December| ||||||1 January|2022|Income
f|Expenditure
f|2022
f| ||Restricted Fund I -||desc in a/cs||100,881||405|(10,000)|91/86| ||||||||||31December| ||||||1 January|2021
f.|Income|Expenditure|2021
f| ||Restricted Fund I -||desc in a/cs||60,608||40473||100,881| ## |Analysis ofnet ass|ets between funds|||| |---|---|---|---|---| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2022| |||||f| |Current assets||386,675|91286|477,961| |Creditors less than|1year|(1,680)||(1,680)| |Net assets||384,995|91,286|476~1| |||Unrestricted|Restricted|Total Funds| |||Funds
f|Funds
f|2021| |Current assets||120,227|100,881|221,108| |Creditors less than|I year|||| |Net assets||120,227|100,881|221,108| ## # ## ## |||Year ended 31 Decem|ber 2022|| |---|---|---|---|---| ||||2022|2021| ||||g|f| |Income and endowments||||| |Donations and legacies||||| |Donations
Legacies &Bequests|||220
349,000|52,653| |Corporate Benefactors|||1,000|1,500| |Subscriptions
Annual
Members
Subscriptions
Life Members|||9,400
1~5|9320
875| |Subscriptions
Rembrandt|Members||300|900| |Subscriptions
Vermeer Members|||750|750| |Gift Aid Repayments|||2,764|11,590| |||||77,488| |Other trading activities||||| |Fundraising
events|||3,099|1,415| |Investment
income||||| |Bank interest receivable|||1,691|537| |Total income|||370,099|79,440| |Expenditure||||| |Expenditure
on charitable||acttvtttes||| |insurance|||370|352| |Independent
Examiner's|fees||600|| |Other office costs|||979|595| |Other interest payable and similar charges|||199|145| |Awards
and Grants
Costs ofFundraising
Events|||103,755
5,641|12,500
2,058| |Newsletter
costs
Computer &internet expenses|||2,786
596|1481
2,132| ||||114/26|19,363| ||||114/26|19,363| |Net income|||255,173|60,077| ## ## ||||Year ended 31 Dece|mber 2022|| |---|---|---|---|---|---| ||||||2021f| |Expenditure|on charitable||activities||| |Charttawe|Activities||||| |Activities undertaken||directly|||| |Sundry expenses||||979|595| |Awards
aud Grants
Costs ofFundraising||Events||103,755
5,641|12,500
2,058| |Newsletter
Computer &internet||expenses||2,786
596|1,581
2,132| |||||113,757|18,866| |Governance|costs||||| |Insunmce||||370|352| |Examinn's|Fee|||600|| |Finance charges||||199|145| |||||1,169|497| |Expenditure|on charib&ie||activities|114tt26|19,363|