2022-03-31-accounts - Beaford Arts

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Trustees	Ms M Jackson
	DrAJellings
	MrTLangdon-Davies
	- Mr S Standing
	Mr M Warren
	MsCDevenish
	Dr C Kelly
	MsERavilious
	Mr A Quayle
	1 Mr H Thompson (Appointed 13 May 2021)
Secretary	Mr R Wallace
Charity number	279784
Company number	`01485291`
Registered office_`a Unit One D, Branches`_
	`— Beechlea Industrial Estate`
	Winkleigh
	Devon
	`EX198DH`
Independent examiner	Mr J Welton ACACTA
	`I Simpkins Edwards LLP`
	Millennium House
	`A9 Brannam Crescent _`
	`0 Roundswell Business Park`
	`Barnstaple`
	`EX43LQ`
Investment advisors	Rathbone Investment Management
	`- The Senate`
	`6 Southernhay Gardens`
	`Exeter`
	EX11UG

	Page
Trustees’report	1-6
Independent examiner’s report 1111 1	7
Statement of financial activities	8
Balancesheet 011"	9-10
Notes to the financial statements	11-21

			Unrestricted	Restricted	Total Unrestricted	Total Unrestricted	Restricted	Total
			ie `funds`	funds		`funds`	funds
	N	otes	2022 £	2022 £	`2022` `£`	`2021` £	2021 £	2021 `£`
Income from:
Donations and legacies		3	`159,312`	`151,183`	`310,495`	201,102	`34,288`	235,390
Charitable activities		4	`12,837`		`12,837`	`6,062`		`6,062`
`Investments`		`Illi`	`2,558`		`2,558`	`2,408`		`2,408`
Total income			`174,707`	151,183	325,890	209,572	`34,288`	243,860
Expenditure on:
Raising funds		6	680	--	680	`627`-----		`627`
Charitable activities		7	195,305	`153,652`	`348,957172,734`		`45,067`	`217,801`
Total expenditure			195,985	`153,652`	`349,637173,361`		`45,067`	218,428
Net gains/(losses) on
investments		11	`877`		`877`	`9,933`	-	`9,933`
Net (outgoing)/incoming resources before transfers			(20,401)	`(2,469)`	(22,870)	`46,144`	(10,779)	`35,365`
Gross transfers between
funds			`2,0751(2,075)`--			`ui`	`a=`-
Net movement in funds			`(18,326)`	`(4,544)`	`(22,870)`	`46,144(10,779)`		`35,365`
Fund balances at 1 April	2021		231,236	`(10,779)`	`220,457`	185,092	-	185,092
Fund balances at 31 March
2022			`212,910`	`(15,323)`	`197,587`	231,236	`(10,779)`	220,457

		2022		2021
	Notes	£	E	£	£
Fixed assets
Tangible assets	12		103,952		102,072
Investments	13		79,764		79,566
			183,716		181,638
Current assets Stocks Debtors Cash at bank and in hand	14 15	6,695 35,836 129,711		400 17,447 109,751
Creditors: amounts falling due within		172,242		127,598
one year	16	(158,371)		(88,779)
Net current assets			13,871		38,819
Total assets less current liabilities			197,587		220,457
Income funds
Restricted funds	18		(15,323)		(10,779)
Unrestricted funds			212,910		231,236
			197,587		220,457

	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	funds	funds		6 funds	funds
	2022£	2022£	2022 £	`2021` `£`	`2021£`	`2021` `£`
Donations and gifts `Grants1,805` `157,507`			`1,805` 308,690	`201,102`	`34,288`	235,390
	`159,312151,183`		310,495	201,102	34,288	235,390'

	m. Unrestricted	Unrestricted
	funds	funds
	2022	2021
	£	6
Income from listed investments	2,548	2,398
Interest receivable_`01110`_10
	000//////2,558	2,408

Charitable activities
	Beaford	Beaford	Beaford	Support	Paul Hamlyn One ND Arts, Culture		Exeter Field	Total	Total
	Archive	Events	Education	costs	Foundation	& Wellbeing	Guides	2022	2021
	09$0002022/	2022	2022	2022	-2—2022	2022	2022
	09006GGE		6	`GE`	°6	E	`E`	E	GE
Staff costs Depreciation	9,670	22.878 e	20.526	65,759 `0818`	25.979	— `u`*		144.812 818	142,160 2,413
Activity costs	————24,557	22,610	324		87,961	17,550	3.194	156,196	42.715
Establishment costs	e		mm	6.987	5.8S9	m		12.846	13,549
umnistraton costs	e		e	7,782			m	7,782	2.378
Governance			m	8.087	6,782			14.869	7.397
Information technology			...	5.664	4,685			10,349 :	6.308
Marketing costs		628					-	628
Finance costs		=	m.	657	=======		m	657	881
	34,227	46,116	20,850	95,754	131,266	0017,550	3,194	348,957	217,801
	34,227	46,116	20,850	95,754	131,266	17,550	3,194	348.957	217.801
		atkoeteopnn	========	=======	=========	========•	========= i	mm	========
Analysis by fund
Unrestricted funds	32,585	46,116	20.850	95.754			***	195.305	172.734
Restricted funds	1,642	=		r	131,266	17,550	3,194 :	153.652	45.067
	34,227	46,116	20.850	95,754	131,266	17,550	3,194	348,957	217,801
	mereert	mmrercrr	========	=======	*	=========	=========	====== :	eeer

Charitable activities --1i.il	——/—/—////////////-//////(Continued)	——/—/—////////////-//////(Continued)	——/—/—////////////-//////(Continued)	——/—/—////////////-//////(Continued)	——/—/—////////////-//////(Continued)	——/—/—////////////-//////(Continued)
For the year ended 31 March 2021
	0000/Beaford. --Archive "	Beaford Events E	Seaford Education 6.	Support costs £.	Paul Hamlyn Foundation E	Total 2021 €
Staff costs -----	000100/0/011/011/1////920	22,878	20,526	84.060	13.776	142.160
Depreciation ----9=i=999=099 em Activity costs 11/=/,=99;.9====?10001/10/010/0101/1/1/1/5,828		w 22,168	392	2,413	met2,413 14,327 42.715
Establishment costs				5,648	7.901	13,549
Administration costs -		e		2,378		2.378
Govemance--111111/1/.99==;				3,083	1020004,314	7,397
Information technology				2.62S	3,679	6.308
Finance costs ====;19/1:99=			m	881		881
	06,748	45,046	20,918 .	101.092 :	43,997	217.801
	0/6,748/	45,046	20,918	101.092	43,997	217,801
	==========	mmmme	mmecnet	=====	mdoootttt	zoe
Analysis by fund iriiii;? Unrestricted funds1890000/5,678/ Restricted funds -///1//1,1.?.,ll0000/000/0001,070/		45,046 r	20,918	101.092 r.	- 43.997	172,734 45.067
	000/6,748/	45.046	20,918	101,092	43 997	217,801 '

The analysis of auditor's remuneration is as follows:
Fees payable to the charity independent examiner and associates:	2022£	2021 £
Independent examination of the charity annual accounts	750	550
Non-audit services
All other non-audit services	`14,119`	6,847

The average monthly number of employees during the year w	as:
	2022	2021
		Number
Charitable activities----	4	4
Arts management and administration	`3/`	3
	17/	7
Employment costs	2022	2021
		£
Wages and salaries	`144,812`	142,160:

12	Tangible fixed assets
	Freehold land	Plant and	Total
	and buildings	equipment
	£	£	6
	Cost
	At 1 April 2021_-101,025_ Additions	37,309 `2,698`	138,334 `2,698`
	`At 31 March`2022`101,025`	`40,007`	141,032-
	Depreciation and impairment
	At 1 April 2021`-=-==== ======` Depreciation charged in the year	36,262 `818`	36,262 `818`
	`At 31 March`2022_-_	`37,080`	`37,080`
	Carrying amount
	`At 31 March`2022`--———101,025`	`2,927`	103,952
	At 31 March 2021`101,025/1,047`		102,072
13	Fixed asset investments

Stocks
	2022	2021
	£	Illi
Finished goods and goods for resale	6,695	400

15 Debtors
		2022	2021
Amounts falling due within one year:		`£`	GGE
Trade debtors		271	5,711
0 Other debtors		4,147	1,625
Prepayments and accrued income		`31,41810,111`
		`35,83617,447`
16 Creditors: amounts falling due within one year
		`—2022`	2021
	Notes	£	£
Other taxation and social security		2,606	2,620
Deferred income	17	80,551	73,526
Trade creditors		`23,702 I`	8,183
Accruals		51,512	`4,450`
		`158,371`	88,779
17 Deferred income
		2022	2021
		£	£
Paul Hamlyn Foundation fund initial grant b/fwd		"_!)?!	`2,131`
Paul Hamlyn Foundation - A Voice To Tell Our Story		77,131 ‘	66,436
DCC North Devon AONB		`—2,383`	3,923
`- NDC Plastic Free`		`1,0361,036`
		80,551	73,526

	Movement in	funds		Movement in	funds
	Incoming	Resources	Balance at	Incoming	Resources	Balance at
	resources £	expended £	1 April 2021 £	resources £	expended £	31 March 202
Paul Hamlyn Foundation 33,218 DCC-AONB1,070		(43,997) (1,070)	(10,779) e	126,825 `1,540`	(131,267) (1,642)	(15,221) (102)
One ND Arts, Culture &
Wellbeing	e_-_		•	17,550	(17,550)	-
Exeter Field Guides	-		-`3,194`		(3,194)	-
	34,288	(45,067)	(10,779)	149,109	(153,653)	(15,323)

19	Analysis of net assets between funds
	Unrestricted Restricted Total Unrestricted Restricted Total
	/ funds fundsnds funds
	20222022 2022 2021 2021 2021
	22
	Fund balances at 31
	March 2022 are represented by:
	Tangible assets 103,952 - 103,952 102,072 - 102,072
	Investments 79,764 79764 79,566 79,566
	Current assets/(liabilities) 29,194 (15,323) 13,871 49,598 (10,779) 38,819
	212,910 (15,323) 197,587 231,236 (10,779) 220,457