2022-03-31-accounts

		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	4
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet	7	to	8
Notes to the Financial Statements	9	to	14

						2022	2021
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Donations and legacies				12,517	22,301	34,818	22,967
Charitable activities
Gallery activities				114,549		114,549	]03,453
investment income				10		10	16
Total				127,076	22,301	149,377	126,436
EXPENDITURE ON
Charitable activities
Gallery activities				113,416	15,770	129,186	123,645
NET INCOME				13,660	6,531	20,191	2,791
RECONCILIATION	OF FUNDS
Total funds brought forward				196,837	4,735	201,572	198,781
TOTAL FUNDS CARRIED FORWARD				210,497	11,266	221,763	201,572

	31	March 2022
				2022	2021
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes		8	8	f.
FIXEDASSETS
Tangible assets		70,191		70,191	76,463
CURRENT ASSETS
Debtors		2,518		2,518	2,170
Cash at bank and in hand		155,213	11,266	166,479	132,418
		157,731	11,266	168,997	134,588
CREDITORS
Amounts falling due within one year	9	(17,425)		(17,425)	(9,479)
NET CURRENT ASSETS		140,306	11,266	151,572	125,109
TOTAL ASSETSLESSCURRENT	LIABILITIES	210,497	11,266	221,763	201,572
NKT ASSETS		210,497	11,266	221,763	201,572
FUNDS	10
Unrestricted funds				210,497	196,837
Restricted funds				11,266	4,735
TOTALFUNDS				221,763	201,572

Leasehold building	improvements	4%on cost
Fixtures and fittings		25% on reducing	balance
Computer equipment		25% on reducing	balance

		2022	2021
interest receivable		10	16
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated atter charging/(crediting):
		2022	2021
Depreciation - owned assets		10,173	10,039

			2022	2021
Management	and	administration	5	4

No employees received emoluments	No employees received emoluments	in excess off60,000.
COMPARATIVES FORTHK STATEMENT OFFINANCIAL			ACTIVITIES
			Unrestricted	Restricted	Total
			funds	funds	funds
INCOME	AND ENDOWMENTS	FROM
Donations	and legacies		9,761	13,206	22,967
Charitable	activities
Gallery activities			103,453		103,453
Investment	income		16		16
Total			113,230	13,206	126,436

for the Year Ended 31Mar	for the Year Ended 31Mar	ch 2022
COMPARATIVES FOR THE STATEMENT OFFINANCIAL		ACTIVITIES -continued
		Unrestricted	Restricted	Total
		funds	funds	funds
		f
EXPENDITURE ON
Charitable activities
Gallery activities		101,748	21,897	123,645
NET INCOME/(EXPENDITURE)		11,482	(8,691 )	2,791
RECONCILIATION	OFFUNDS
Total funds brought	forward	185,354	13,427	198,781
TOTAL FUNDS CARRIED FORWARD		196,836	4,736	201,572
TANGIBLE FIXED	ASSETS
	Leasehold	Fixtures
	building	and	Computer
	improvements	ftttings	equipment	Totals
	f.
COST
At 1 April 2021	236,529	16,714	3,270	256,513
Additions		3,900		3,900
Disposats		(9,849)	(2,932)	(12,781)
At 31 March 2022	236,529	10,765	338	247,632
DEPRECIATION
At 1 April 2021	162,383	14,636	3,031	180,050
Charge for year	9,269	844	60	10,173
Eliminated on disposal		(9,849)	(2,933)	(12,782)
At 31 March 2022	171,652	5,631	158	177,441
NET BOOK VALUE
At 31 March 2022	64,877	5,134	]80	70,191
At 31 March 2021	74,146	2,078	239	76,463

DEBTORS:	AMOUNTS FALLING DUK WITHIN ONK YEAR
			2022	2021
				6
Trade debtors			2,058	1,067
VAT				430
Prepayments			460	673
			2,518	2,170
CREDITORS: AMOUNTS FALLING DUE WITHIN ONK YEAR
			2022	2021
				f,
Trade creditors			7,284	2,862
Social security	and other taxes			251
VAT			3,367
Other creditors			2,845	4,739
Accrued expenses			3,929	1,627
			17,425	9,479
MOVEMKNT IN FUNDS
			Net
			movement	At
		At 1.4.21	in funds	31.3.22
				f.
Unrestricted	funds
General fund		196,837	13,660	210,497
Restricted funds
Baines SAOY	2019	1,000	(L000)
Baines SAOY	2021		9,427	9,427
Billmeir Rising Stars 2021		2,959	(2,959)
Billmeir Rising Stars 2022			1,063	1,063
Farnham Town Council - Craft Town England		776		776
		4,735	6,531	11,266
TOTAL FUNDS		201,572	20,191	221,763

				Incoming	Resources	Movement
				resources f	expended	in funds
Unrestricted funds
General fund				127,076	(113,416)	13,660
Restricted funds
Baines SAOY 2019					(1,000)	(1,000)
Baines SAOY 2021				12,000	(2,573)	9,427
Billmeir Rising	Stars 2021				(2,959)	(2,959)
Billmeir Rising	Stars 2022			5,000	(3,937)	1,063
SSTSculptural	Imagination	2021		1,700	(1,700)
Lighting				2,600	(2,600)
FTC Community	Grant 2021			1,001	(1,001)
				22,301	(15,770)	6,531
TOTAL FUNDS				149,377	(129,186)	20,191
Comparatives for movement			in funds
					Net
					movement	At
				At 1.4.20	in funds	3].3.21
					f
Unrestricted funds
General fund				125,354	11,483	136,837
Designated fund				60,000		60,000
				185,354	11,483	196,837
Restricted funds
Baines SAOY 2019				2,382	(1,382)	1,000
Billmeir Rising	Stars 2020			269	(269)
Billmeir Rising	Stars 2021				2,959	2,959
Famham Town	Council - Craft		Town England	10,068	(9,292)	776
FTC Community	Grant 2019			(42)	42
Sculpture and Community		FTC		750	(750)
				13,427	(8,692)	4,735
TOTAL FUNDS				198,781	2,791	201,572

			Incoming	Resources	Movement
			resources	expended	in funds
			f		f
Unrestricted funds
General	fund		113,230	(101,747)	11,483
Restricted funds
Baines SAOY 2019				(1,382)	(1,382)
Billmeir	Rising Stars 2020			(269)	(269)
Billmeir	Rising Stars 2021		5,000	(2,041)	2,959
Famham	Town Council - Craft Town England			(9,292)	(9,292)
FTC Community Grant 2019				42	42
Erica Leonard Trust			500	(500)
Sculpture	and Community	FTC		(750)	(750)
SSTSculptural Imagination			2,100	(2,100)
Computer	Systems		1,500	(1,500)
EU Fund			4,106	(4,106)
			13,206	(21,898)	(8,692)
TOTAL	FUNDS		126,436	(123,645)	2,791