| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 4 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 8 | to | 13 |
| Detailed Statement ofFinancial Activities | 14 | to | 15 |
| 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Notes | 8 | |||||||
| INCOME | AND ENDOWMENTS FROM | |||||||
| Donations | and legacies | 21,091 | 8,000 | 29,091 | 34,817 | |||
| Charitable | activities | |||||||
| Gallery activities | 97,530 | 97,530 | 114,549 | |||||
| Investment | income | 548 | 548 | 10 | ||||
| Total | 119,169 | 8,000 | 127,169 | 149,376 | ||||
| EXPENDITURE ON | ||||||||
| Charitable | activities | |||||||
| Gallery activities | 125,665 | 16,917 | 142,582 | ~129 185 | ||||
| NET INCOME/(EXPENDITURE) | (6,496) | (8,917) | (15,413) | 20,191 | ||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds | brought | forward | 210,497 | 11,266 | 221,763 | 201,572 | ||
| TOTAL FUNDS CARRIED FORWARD | 204,001 | 2,349 | 206,350 | 221,763 |
| The | New Ash ate GaUe Trust L |
New Ash ate GaUe Trust L |
hufiad | ||
|---|---|---|---|---|---|
| Balance Sheet | |||||
| 31 | March 2023 | ||||
| 2023 | 2022 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 7 | 61,410 | 61,410 | 70,191 | |
| CURRENT ASSETS | |||||
| Debtors | 8 | 2,868 | 2,868 | 2,518 | |
| Cash at bank and in hand | 159,944 | 2,349 | 162,293 | 166,479 | |
| 162,812 | 2,349 | 165,161 | 168,997 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
9 | (20,221) | (20,221) | (17,425) | |
| NET CURRENT ASSETS | 142,591 | 2,349 | 144,940 | 151,572 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 204,001 | 2,349 | 206,350 | 221,763 | |
| NKT ASSETS | 204,001 | 2,349 | 206,350 | 221,763 | |
| FUNDS | |||||
| Unrestricted funds |
204,001 | 210,497 | |||
| Restricted funds | 2,349 | 11,266 | |||
| TOTAL FUNDS | 206,350 | 221,763 |
| 2023 | 2022 | ||
|---|---|---|---|
| Interest receivable | 548 | 10 | |
| NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) | is stated after charging/(crediting): | ||
| 2023 | 2022 | ||
| Depreciation - owned assets |
10,636 | 10,173 |
| for the Year E | for the Year E | nded 31March 2 | 023 | ||||
|---|---|---|---|---|---|---|---|
| COMPARATIVES | FORTHE STATEMENT | OF FINANCIAL | ACTIVITIES | ||||
| Unrestricted | Restricted | Total | |||||
| funds | funds | funds | |||||
| INCOME AND ENDOWMENTS FROM | |||||||
| Donations and legacies |
12,517 | 22,300 | 34,817 | ||||
| Charitable activities |
|||||||
| Gallery activities | 114,549 | 114,549 | |||||
| Investment income |
10 | 10 | |||||
| Total | 127,076 | 22,300 | 149,376 | ||||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Gallery activities | 113,416 | 15,769 | 129 185 | ||||
| NET INCOME | 13,660 | 6,531 | 20,191 | ||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 196,837 | 4,735 | 201,572 | |||
| TOTAL FUNDS CARRIED FORWARD | 210,497 | 11,266 | 221,763 | ||||
| 7. | TANGIBLE FIXEDASSETS | ||||||
| Leasehold | Fixtures | ||||||
| building | and | Computer | |||||
| improvements | fittings | equipment | Totals I |
||||
| COST | |||||||
| At I April 2022 | 236,529 | 10,765 | 338 | 247,632 | |||
| Additions | 1,209 | 646 | 1,855 | ||||
| At 31March 2023 | 236,529 | 11,974 | 984 | 249,487 | |||
| DEPRECIATION | |||||||
| At I April 2022 | 171,652 | 5,631 | 158 | 177,441 | |||
| Charge for year | 9,268 | 1,323 | 45 | 10,636 | |||
| At 31March 2023 | 180,920 | 6,954 | 203 | 188,077 | |||
| NET BOOKVALUE | |||||||
| At 31March 2023 | 55,609 | 5,020 | 781 | 61,410 | |||
| At 31March 2022 | 64,877 | 5,134 | 180 | 70,191 |
| DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| 2023 | 2022 | |
| f, | ||
| Trade debtors | 1,369 | 2,058 |
| Tax | 777 | |
| Prepayments | 722 | 460 |
| 2,868 | 2,518 | |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2023 | 2022 | |
| Trade creditors | 11,339 | 7,284 |
| VAT | 1,881 | 3,367 |
| Other creditors | 1,490 | 2,845 |
| Accrued expenses | 5,511 | 3,929 |
| 20,221 | 17,425 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Within one year | 8,289 | 8,289 | |||
| Between one and | five years | 33,156 | 33,156 | ||
| In more | than five | years | 6,217 | 14,506 | |
| 47,662 | 55,951 | ||||
| MOVEMENT IN FUNDS | |||||
| Net | |||||
| movement | At | ||||
| At 1.4.22 | in funds | 31.3.23 | |||
| 6 | 8 | ||||
| Unrestricted funds |
|||||
| General | fund | 210,497 | (6,496) | 204,001 | |
| Restricted funds | |||||
| Baines SAOY 2021 | 9,427 | (9,427) | |||
| Billmeir | Rising Stars 2022 | 1,063 | (1,063) | ||
| Billmeir | Rising Stars 2023 | 1,073 | 1,073 | ||
| Farnham | Town Council - Craft Town | ||||
| England | 776 | 776 | |||
| Farnham | Institute | Charity 2023 | 500 | 500 | |
| 11,266 | ~8,917) | 2,349 | |||
| TOTAL FUNDS | 221,763 | ~15413) | 206,350 |
| Net movement in funds, included |
Net movement in funds, included |
Net movement in funds, included |
in the above are as follows: | |||
|---|---|---|---|---|---|---|
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General | fund | 119,169 | (125,665) | (6,496) | ||
| Restricted funds |
||||||
| Baines SAOY 2021 | (9,427) | (9,427) | ||||
| Billmeir | Rising Stars 2022 | (1,063) | (1,063) | |||
| Billmeir | Rising Stars 2023 | 5,000 | (3,927) | 1,073 | ||
| Farnham | Town Council 2022 | 1,000 | (1,000) | |||
| South Street Trust 2022 | 1,500 | (1,500) | ||||
| Farnham | Institute Charity 2023 |
500 | 500 | |||
| 8,000 | ~16,917) | (8,917) | ||||
| TOTAL | FUNDS | 127,169 | (142,582) | ~l5,413) | ||
| Comparatives for movement |
in | funds | ||||
| Net | ||||||
| movement | At | |||||
| At 1.4.21 | in funds | 31.3.22 | ||||
| Unrestricted funds |
||||||
| General | fund | 196,837 | 13,660 | 210,497 | ||
| Restricted funds | ||||||
| Baines SAOY 2019 | 1,000 | (1,000) | ||||
| 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 | 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 |
| South Street Trust 2021 | 1,700 | (1,700) | |
| Kent County Council 2022 Farnham Town Council 2021 |
2,600 1,000 |
(2,600) ~1,000) |
|
| 22,300 | ~15,769) | 6,531 | |
| TOTAL FUNDS | 149,376 | ~(]29,185 | 20,191 |
| for the Year Ended 3 | 1March 2023 | ||
|---|---|---|---|
| 2023 | 2022I | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | 21,998 | 30,308 | |
| Miscellaneous income |
7,093 | 4,509 | |
| 29,091 | 34,817 | ||
| Investment income |
|||
| Interest receivable | 548 | 10 | |
| Charitable activities |
|||
| Grants | 4,913 | ||
| Discounts | (6,856) | (6,789) | |
| Fine art | 27,992 | 48,568 | |
| Craft | 73,945 | 65,732 | |
| Support sales Broken, damaged and |
stolen | 2,892 (443) |
2,632 ~507) |
| 97,530 | 114,549 | ||
| Total incoming resources | 127,169 | 149,376 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| Wages | 68,812 | 62,482 | |
| Social security | 308 | (251) | |
| Pensions | 1,877 | 1,753 | |
| Rent, rates and water | 11,576 | 10,370 | |
| Restricted fund expenditure | 16,917 | 15,769 | |
| Light and heat | 2,326 | 2,277 | |
| Telephone | 1,128 | 1,275 | |
| Printing, postage &stationery |
5,706 | 2,861 | |
| Advertising | 3,381 | 2,448 | |
| Sundries | 41 | 13 | |
| Training and recruitment |
10 | ||
| External consultants | 572 | 480 | |
| Travel and subsistence | 162 | ||
| Event and exhibition | expenses | 1,554 | 1,239 |
| ITand software | 1,421 | 1,714 | |
| Subscriptions and publications |
131 | ||
| Repairs and renewals | 835 | 1,712 | |
| Cleaning | 850 | 790 | |
| Gallery expenses | 886 | 561 | |
| Entertainment | 182 | ||
| Covid related expenses | 60 | 559 | |
| Bookkeeping | 7,361 | 7,066 | |
| 126,086 | 113,128 |
| Tbe ew Ash a |
te Guile Tru tldmited |
||||
|---|---|---|---|---|---|
| tletaited State | ent ofFinancial Activities | ||||
| for the Year | Ended 31March 2023 | ||||
| 2023 | 2022 | ||||
| Support costs | |||||
| Finance | |||||
| Bank charges Depreciation |
oftangible fixed assets | 2,714 10,636 |
3,135 10,172 |
||
| 13,350 | 13,307 | ||||
| Governance | costs | ||||
| Insurance | 1,946 | 1,550 | |||
| Accountancy | and legal fees | 1,200 | 1,200 | ||
| ~3146 | 2,750 | ||||
| Total resources | expended | 142,582 | 129,185 | ||
| Net (expenditure)/income | ~15,413) | 20,191 |