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2023-03-31-accounts

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
Notes 2023 2023
6		 2023
6		 2022f 2022
6		 2022
6
Income and endowments from:
Donations
and
legacies 66,975 330,054 397,029 124,677 505,851 630,528
Investments 42,384 13,139 55,523 21,831 26,262 48,093
Other income 48,252 15,058 63,310 56,615 53,371 109,986
Total income 157,611 358,251 515,862 203,123 585,484 788,607
~ECht
Charitable
activiTies		 178,472 297,903 476,375 270,679 427,698 698,377
Other 25,098 25,098 3,805 23,757 27,562
Total expenditure 178,472 323,001 501,473 274,484 451,455 725,939
Net (outgoing)/incoming
resources before
transfers (20,861) 35,250 14,389 (71,361) 134,029 62,668
Gross transfers
between
funds		 26,817 (26,817)
Net income forthe yeari
Net movement in funds 5,956 8,433 14,389 (71,361) 134,029 62,668
Fund balances at 1 April
2022 760,526 348,379 1,108,905 831,887 214,350 1,046,237
Fund balances at 31
llilarch 2023 766,482 356,812 1,123,294 760,526 348,379 1,108,905

2023 2022
Notes 5 5
Fixed assets
Tangible assets 13 3,249 4,104
Heritage assets 14 1,731,101 1,731,100
Investments 15 1 1
1,734,351 1,735,205
Current assets
Debtors 16 55,944 63,635
Cash at bank and in hand 159,315 157,816
215,259 221,451
Creditors: amounts
one year		 falling due within 18 (145,916) (154,951)
Net current assets 69,343 66,500
Total assets less current liabiliTies 1,803,694 1,801,705
Creditors: amounts falling due after
more than one year 19 (680,400) (692,800)
Net assets 1,123,294 1,108,905
Income funds
Restricted funds 20 356,812 348,379
Unresbicted
funds		 766,482 760,526
1,123,294 1,108,905

2023 2022
Notes 5 f
Cash flows from operating activities
Cash (absorbed
by)/generated		 from 25
operations (41,623) 108,194
Investing activities
Purchase oftangible fixed assets (1,746)
Purchase of heritage assets (1) (85,000)
Investment income received 55,523 48,093
Net cash generated
from/(used		 in)
investing activities 55,522 (38,653)
Financing activiTies
Repayment ofborrowings (12,400) (49,200)
Net cash used in gnancing activities (12,400) (49,200)
Net increase in cash and cash equivalents 1,499 20,341
Cash and cash equivalents at beginning ofyear 157,816 137,475
Cash and cash equivalents at end of year 159,315 157,816

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Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2023f 2023 2023
8		 2022 2022 2022
Yare Gallery 17,068 17,068 23,874 23,874
Tower Income 15,058 15,058 21,354 21,354
Other income 22,873 22,873 24,893 32,017 56,910
Management fees 1,824 1,824 724 724
Skippings
gallery		 1,017 1,017
Car park fees 6,487 6,487 6,107 6,107
48,252 15,058 63,310 56,615 53,371 109,986

Charitable
activities
Charitable Charitable
Expenditure
Expenditure
2023 2022
6 6
Staff costs 52,869 82,047
Depreciation
and impairment
Rates and water		 855
1,095		 1,107
4,300
Insurance 31,573 27,922
Advertising
Materials
and Labour		 838
148		 2,244
5,484
Travelling 2,808 6,455
Equipment
Conservation
costs		 48,500
116,628		 33,186
163,237
Tools and Volunteer expenses 401
Professional fees 81,789 119,426
Sundries 4,105 4,953
Repairs and renewals
Training
Light and Heat
Rental charges
Yare Gallery		 55,573
15,202
500
12,451		 154,659
1,133
13,031
743
14,959
424,934 635,287
Grant funding
ofactivities (see note 7)		 7,500 7,500
Share ofsupport costs (see note 8)
Share ofgovernance
costs (see note 8)		 42,925
1,016		 54,615
975
476,375 698,377
Analysis
by fund
Unrestricted
funds		 178,472 270,679
Restricted funds 297,903 427,698
476,375 698,377
Grants payable
Charitable Charitable
Expenditure Expenditure
2023 2022
6 6
Grants to institutions: 7,500 7,500
Charitable
Expenditure

8 Supportcosts Support
costs		 Governance
costs		 2023 Support
costs		 Governance
costs		 2022
6 6
Postage and Stationery
Sundries
Bank charges
Software Subscriptions		 1,847
5,724
144
393		 1,847
5,724
144
393		 4,104
6,535
346
1,397		 4,104
6,535
346
1,397
Secretarial
and
administration		 22,036 22,036 28,612 28,612
Accountancy
and VAT
advice
Bookkeeping fees
Legal fees
Auditor's
Remuneration		 3,190
5,722
3,869		 1,016 3,190
5,722
3,869
1,016		 2,805
6,250
4,566		 975 2,805
6,250
4,566
975
42,925 1,016 43,941 54,615 975 55,590
Analysed
between
Charitable
activities		 42,925 1,016 43,941 54,615 975 55,590

The average
monthly
number ofemployees
during the y		 ear was:
2023 2022
Number Number
Assistant
Heritage Officer
Heritage Project Manager
Yare Gallery Curator
Gallery assistant
Total
Employment
costs		 2023 2022
8 8
Wages and salaries 51,741 77,614
Social security costs 2,846
Other pension costs 1,128 1,587
52,869 82,047

Restricted Unrestricted Restricted Total
funds funds funds
2023
8		 2022
8		 2022
K		 2022f
Loan interest 25,098 3,805 23,757 27,562
25,098 3,805 23,757 27,562

13 Tangible fixed assets Tangible fixed assets
Computer Equipmentf
Cost
At 1 April 2022 9,134
At 31 March 2023 9,134
Depreciation
and impairment
At 1 April 2022 5,030
Depredation
charged		 in the year 855
At 31 March 2023 5,885
Carrying
amount
At 31 March 2023 3,249
At 31 March 2022 4,104
14 HerBage assets
At 1April 2022 1,731,100
Purchases 1
At 31 INarch 2023 1,731,101

15 Fixed asset investments Fixed asset investments (Continued)
Other
investments
Cost or valuation
At 1 April 2022 8 31 March 2023
Carrying
amount
At 31 March 2023
At 31 March 2022
2023 2022
Other investments comprise: Notes 9
Investments
in subsidiaries
16 Debtors
Amounts
falling due within		 one year: 2023
6		 2022f
Trade debtors 3,292 20,932
Amounts
owed by		 subsidiary undertakings 215
Other debtors 52,437 42,703
55,944 63,635
17 Loans and overdrafts
2023 2022
5 5
Other loans 710,800 723,200
Payable within one year 30,400 30,400
Payable after one year 680,400 692,800
Amounts
included		 above which fall due after five years:
Payable by instalments 558,800 571,200

18 Creditors: amounts falling due within one year
2023 2022
6 6
Borrowings 30,400 30,400
Trade creditors 69,686 92,191
Amounts
owed to fellow group undertakings		 62
Other creditors 211 783
Accruals and deferred income 45,619 31,515
145,916 154,951
19 Crsditorsr amounts falling dus after more than one year
2023 2022
6
Borrowings 680,400 692,800
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25 Cash generated from operations from operations 2023 2022
6 6
Surplus for the year 14,389 62,668
Adjustments
for.
Investment
income recognised
in		 statement offinancial activities (55,523) (48,093)
Depreciation
and		 impairment
oftangible fixed assets		 855 1,107
Movements
in working capital:
Decrease in debtors 7,691 16,269
(Decrease)/increase
in creditors		 (9,035) 76,243
Cash (absorbed by)/generated from operations (41,623) 108,194
26 Analysis ofchanges
in net (debt)lfunds
At 1April 2022 Cash flowsAt 31alaroh 2S23
6 6 6
Cash at bank and in hand 157,816 1,499 159,315
Loans falling due within one year (30,400) (30,400)
Loans falling due after more than one year (692,800) 12,400 (680,400)
(565,384) 13,899 (551,485)