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2022-03-31-accounts

REGISTERED COMPANY NUMBER: 01607633 (England and Wales) REGISTERED CHARITY NUMBER: 284186

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31st March 2022 for The Cranleigh Arts Centre Limited

The Cranleigh Arts Centre Limited

Contents of the Financial Statements for the Year Ended 31st March 2022

Page
Report of the Trustees 1 - 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 - 18
Detailed Statement of Financial Activities 19 - 21

The Cranleigh Arts Centre Limited

Report of the Trustees for the Year Ended 31st March 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Covid 19

In last year’s report I discussed the impact of the Covid outbreak on the Arts Centre. For much of the financial period now under report and review, activity at the Arts Centre had been severely disrupted. This is reflected in the comparative financial statements and disclosures. The Arts Centre was able to recommence more normal activities in August 2021 and has quickly regained momentum since.

Objectives and activities

The comments below apply in normal times and normal operating conditions, both of which had been impacted by Covid 19 restrictions during part of the financial year..

Objectives

The objectives for which the Arts Centre is established are as stated in the 2010 Articles of Association, to promote, present and inspire education, exhibition, performance and participation of the Arts and other leisure time activities (apart from sport) for all ages of the inhabitants of Cranleigh and its surrounding villages and district and it shall be permitted to do all such other things as are incidental to the attainment and furtherance of these objectives.

Activities

The Company achieves its stated objectives through its principal activity which is the operation of the Arts Centre in Cranleigh, where various arts and educational events are promoted, rooms are hired to various local clubs and groups and other organisations for study and participation in the arts and to private individuals and organisations for their use, training and all manner of community activity.

In shaping our objectives for the year and planning our activities, the Trustees have considered, and taken due regard of, the Charity Commission's guidance and advice on public benefit.

Our programme of activities described below focus very much on bringing the arts to the community of Cranleigh. Affordability and access are monitored by trustees within the business review process. At all times the Centre encourages open access to all members of the community.

Volunteers, Staff Team and Trustees.

Cranleigh Arts Centre has a core staff team with designated responsibilities but is heavily dependent on the dedication of its approaching 100 volunteers; numbers having recovered since the unlocking of Covid and resumption of Arts Centre activities. Without their commitment the Arts Centre could not exist.

Towards the end of the Covid closure and shortly thereafter the Arts Centre experienced significant turnover in paid staff members. All of the vacant posts have been successfully filled.

I thank the Board of Trustees who bring their wisdom and experience to the oversight of the Arts Centre’s affairs. Their competencies and contributions span the arts, education, business and finance.

Achievement and performance

Charitable activities

For much of the first half of the financial year under review and report the activities of the Arts Centre were severely limited by restrictions imposed during the Covid pandemic. Activities quickly regained momentum in the second half. A new Programme was created involving all of the long standing elements of Arts Centre activity. Audiences returned and Hires quickly resumed as hirers too resumed their activities. At the time of writing this report ticket sales have

Page 1

resumed at their highest levels and Hires are demonstrably at a new high - with room/space shortages being experienced.

Arts workshops, exhibitions and local crafts.

Our Pottery is in full use and there are regular classes involving various arts groups. The Arts Centre provides a sales showcase for local handicrafts with buoyant turnover. Our Gallery has a steady stream of exhibitions across different arts genres.

Room Hire

Cranleigh Arts Centre offers serviced room hire facilities for personal, club, association, business and public sector needs. U3A, Cranleigh Arts Society, Cranleigh Community Choir and Surrey Youth Theatre are among regular hires.

Film

Film is a longstanding and popular entertainment available to our community.

Music

We bring a substantial programme of music to Cranleigh Arts. This includes performances by popular bands, including jazz, and performances by world class classical musicians.

Event Theatre

Live streaming from the Royal Opera House and National Theatre has resumed post Covid and is a well established and popular component of our Programme.

Theatre and Children’s Theatre

While back stage facilities are limited, we continue to deliver some outstanding performances.

Comedy

We offer a well established programme of comedy events with some top name artists, in some cases trying out new material for pre national tours.

Wellbeing

This is a core part of our community role. We welcome Dementia groups as well as fitness and community recreational activities.

Volunteering

The Arts Centre is probably the single largest volunteering opportunity in Cranleigh and surrounding villages. Volunteers are able to build relationships and skills with others while contributing to the arts and community.

Young People

We aim to provide a range of activities and events for younger audiences and participants. We have entertainments, activity based events and educational shows on offer. We are the home venue for Surrey Youth Theatre. We have a fund to provide access to performances to young people who may not normally be in a position to enjoy live performance.

Fundraising activities

While we aim to meet our core operating costs from operating revenues we have regular fundraising events which attract contributions from ticket buyers, sponsorships and donations from individuals and local businesses. This fundraising is essential to cover large single maintenance costs and expensive equipment replacement.

Our well established Friends of Cranleigh Arts cadre is a vital component of our fundraising with some 300 members.

Using the skills of our trustees, staff and volunteers we apply where appropriate for eligible grant funding from public funds and charitable trusts. Grants secured have included from Waverley Borough Council under a Service Level Agreement and from The Heritage National Lottery and during Covid from the Arts Council.

Page 2

Financial review

Provision

Last financial year we reported a provision of £8,000 in relation to the incurrence of irregular and unauthorised expenses and other actions uncovered during the period. The matter was reported to The Charities Commission in compliance with their requirements and to the Police. The matter is closed and steps taken to prevent any recurrence.

Principal funding sources

In spite of very limited operational activity in the first half, the inflow of funds for the full year has been satisfactory reflecting a recovery in activities overall.


reflecting a recovery in activities overall.
- Voluntary income, fundraising and donations £ 20,730 (2021 £14,678)
- Hospitality, room hire and sundry income £ 68,063 (2021 £3,127)
- Investment income £ nil (2021 £591)
- Visual and performing arts, largely from ticket sales £ 81,868 (2021 £nil)
- Courses and workshops £ 13,729 (2021 £nil)
- Waverley Service Level Agreement and other Grants £ 35,667 (2021 £22,000)

Reserves policy

Our longstanding target has been to maintain Unrestricted Reserves of at least 6 months operating costs or £80,000 and higher. Total Reserves as at 31[st] March 2022 totalled £239,544 of which Unrestricted/Designated Reserves totalled £193,107. well in excess of 6 months costs.

Page 3

The Cranleigh Arts Centre Limited

Report of the Trustees for the Year Ended 31st March 2022

Structure, governance and management

Governing document

The Cranleigh Arts Centre is a company limited by guarantee, governed by its Memorandum and Articles of Association dated 30 June 2010. The company was incorporated on 14 January 1982 and it registered as a charity with the Charity Commission on 19 April 1982.

The company is governed by its Board of Management which meets at least four times a year. The Board consists of voting directors, approved by the Board of Directors and elected by the company members at the Annual General Meeting.

Our vision is 'to enrich, entertain and inspire our community'.

Recruitment and appointment of new trustees

The Board may from time to time and at any time appoint a member of the Arts Centre as a member of the Board to fill a casual vacancy. Any member so appointed shall retain the position only until the next annual general meeting, but shall then be eligible for re-election. No person who is not a member of the Arts Centre shall in any circumstances be eligible to hold office as a member of the Board.

Unless otherwise determined by a general meeting, the Board will be at liberty to invite whichever Observer(s) it decides to the Art Centre's meetings. Such Observers will be at liberty to attend the meeting and speak, but will have no power to vote or influence any decision of the Board or members.

For example the Board continues to invite as observers - one person nominated by Cranleigh Parish Council and one person nominated by Waverley Borough Council.

At each Annual General Meeting one-quarter of the elected members of the Board for the time being, or if their number is not a multiple of four then the number nearest to one-quarter, shall retire from office. The maximum period of time that a director can serve as a member of the Board is two terms, each term lasting from the date of election of that director to the fourth annual general meeting of the Company thereafter; subject to the Company's Article 22.3.

Organisational structure

The Arts Centre operates through a core team of five each having delegated authority and responsibility for the day to day operations covering programme, facilities management, marketing and volunteer co-ordination. The staff team in turn has oversight through and is responsible directly to the board of trustees. The staff team and trustees are in turn supported by a team of volunteers who provide vital assistance and support throughout the operations of the Arts Centre. The Board of Trustees has overall responsibility for good governance and oversight of the organisation, management and operations of the Arts Centre.

Induction and training of new trustees

By way of induction, new directors/trustees are supplied with a copy of the company's Articles of Association and a copy of the Charity Commission's booklet CC3 - 'The Essential Trustee' updated in July 2015. They are also encouraged to visit the Arts Centre to see it 'at work' and to attend as many arts events and activities as possible.

Risk management

The Directors regularly review the major strategic and operational risks which the Company faces and have put in place systems to examine those risks and to mitigate the company's exposure to them, as far as possible in a small organisation.

Reference and administrative details

Registered Company number

01607633 (England and Wales)

Registered Charity number

Page 4

284186

Registered office

1 High Street Cranleigh Surrey GU6 8AS

Page 5

The Cranleigh Arts Centre Limited

Report of the Trustees for the Year Ended 31st March 2022

Reference and administrative details

Registered Company number 01607633 (England and Wales) Charity number 284186 Principal Office 1 High Street, Cranleigh, GU6 8AS

Trustees

The following Trustees served during the year:

Mr R J Wild Chairman

Mr S Rabinowitz Mrs E G Wilson Mr C Wilson Resigned 24/11/2021 Ms A Winter Resigned 10/10/2022 Ms A Lambley Resigned 19/5 2021 Mr J Mainwaring Resigned 27/7/2022 Mr D Whitaker Treasurer Ms K Agarwal Mr D Hitchen

Company Secretary

TWM Corporate Services Limited

Independent examiner

MHM Accounting Solutions 13 Mapledrakes Close Ewhurst GU6 7QR.

The Trustee is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities (Accounts and Reports) Regulations and the provisions of the trust deed. The Trustee is also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

............................................. Mr R J Wild - Trustee

Page 6

The Cranleigh Arts Centre Limited Independent Examiners Report

Independent Examiner's Report to the trustee of The Cranleigh Arts Centre Limited

I report to the trustees on my examination of the financial statements of The Cranleigh Arts Centre Limited for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes.

Responsibilities and basis of report

As the charity's trustee you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011('the Act'). The trustee considers that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Michelle Matthews FCCA Certified Chartered Accountants MHM Accounting Solutions 13 Mapledrakes Close Ewhurst

GU6 7QR 31 March 2022

Page 7

The Cranleigh Arts Centre Limited Statement of Financial Activities

for the year ended 31 March 2022

Notes
Income and endowments
from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Other
7
Total
Expenditure on:
Raising funds
8
Charitable activities
9
Other
10
Total
Net gains on investments
Net income/(expenditure)
Transfers between funds
Net income/(expenditure)
before other gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds		 Restricted
funds		 Total funds Total funds
2022 2022 2022 2021
£ £ £ £
55,995 402 56,397 36,683
122,282 15,611 137,893 3,068
37,998 - 37,998 59
- - - 591
3,380 - 3,380 -
219,655 16,013 235,668 40,401
18,140 - 18,140 574
61,835 649 62,484 3,676
126,634 25,549 152,183 79,413
206,609 26,198 232,807 83,663
- - - -
13,046 (10,185) 2,861 (43,262)
- - - -
13,046 (10,185) 2,861 (43,262)
48,590
13,046 (10,185) 2,861 5,330
124,944 56,486 181,430 176,100
137,990 46,301 184,291 181,430

Page 8

The Cranleigh Arts Centre Limited Balance Sheet

at 31 March 2022

Charity No. 284186
Fixed assets
Tangible assets
12
Current assets
Stocks
13
Debtors
14
Cash at bank and in hand
Creditors:Amount falling due within one year
15
Net current assets
Total assets less current liabilities
Net assets excluding pension asset or liability
Total net assets
The funds of the charity
Restricted funds
16
Restricted income funds
Unrestricted funds
16
General funds
Designated funds
Reserves
16
Total funds		 2022
£
-
550
9,641
273,578
283,769
(44,225)
239,544
239,544
239,544
239,544
46,437
46,437
182,022
11,084
193,107
239,544		 2021
£
-
550
4,950
185,912
191,412
(9,982)
181,430
181,430
181,430
181,430
56,486
56,486
114,373
10,571
124,944
181,430

Approved by the trustees on 31 March 2022

And signed on their behalf by:

R.J. Wild Trustee 31 March 2022

Page 9

The Cranleigh Arts Centre Limited Notes to the Accounts

for the year ended 31 March 2022

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 10

The Cranleigh Arts Centre Limited Notes to the Accounts

Expenditure

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

% written off in the year of Fixtures and Fittings expenses

All Capital is written off in the year of expenditure

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 11

The Cranleigh Arts Centre Limited Notes to the Accounts

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Page 12

The Cranleigh Arts Centre Limited Notes to the Accounts

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Statement of Financial Activities - prior year

Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Total
Expenditure on:
Raising funds
Charitable activities
Other
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Other
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
3
Income from donations and legacies
Donations
Subscriptions
Waverley BC Grants		 Unrestricted
£
12,395
7,933
35,667
55,995		 Unrestricted
funds
2021
£
36,678
3,068
59
591
40,396
574
3,676
79,413
83,663
(43,267)
(43,267)
48,590
5,323
119,613
124,936
Restricted
£
402
-
-
402		 Restricted
funds
2021
£
-
-
-
-
-
-
-
-
-
-
-
-
-
56,487
56,487
Total
2022
£
12,797
7,933
35,667
56,397		 Total funds
2021
£
36,678
3,068
59
591
40,396
574
3,676
79,413
83,663
(43,267)
(43,267)
48,590
5,323
176,100
181,423
Total
2021
£
7,876
6,807
22,000
36,683

Page 13

The Cranleigh Arts Centre Limited Notes to the Accounts

4 Income from charitable activities

Visual and Performing Arts
Room Hire
Brochure
Other
5
Income from other trading activities
Bar and Café
Courses and Workshops
6
Income from investments
Bank Interest
7
Other income
Exhibitions
8
Expenditure on raising funds
Costs of generating voluntary
income
Subscriptions
Fundraising trading costs
Bar and Café
Courses and Workshops		 Unrestricted
£
81,868
37,932
2,482
0
122,282		 Restricted
£
-
-
-
15,611
15,611
Unrestricted
£
24,269
13,729
37,998
Unrestricted
£
3,380
3,380		 Total
2022
£
81,868
37,932
2,482
15,611
137,893
Total
2022
£
24,269
13,729
37,998
Total
2022
£
-
-
Total
2022
£
3,380
3,380		 Total
2021
£
-
3,068
-
-
3,068
Total
2021
£
59
-
59
Total
2021
£
591
591
Total
2021
£
-
-
Unrestricted
£
738
13,032
4,370
18,140		 Total
2022
£
738
13,032
4,370
18,140		 Total
2021
£
-
574
-
574

Page 14

The Cranleigh Arts Centre Limited Notes to the Accounts

9 Expenditure on charitable activities

Unrestricted Restricted Total Total
2022 2021
£ £ £ £
Expenditure on charitable
activities
Visual and Performing Arts 36,310 - 36,310 -
Room Hire 8,676 - 8,676 80
Brochure 10,410 - 10,410 233
Other 4,276 649 4,925 1,738
Governance costs
Accountancy fees 500 - 500 500
Legal fees 313 - 313 485
Professional fees 1,350 - 1,350 640
61,835 649 62,484 3,676
10 Other expenditure
Unrestricted Restricted Total Total
2022 2021
£ £ £ £
Other interest payable 5,170 - 5,170 1,874
Employee costs 66,002 15,076 81,078 25,973
Premises costs 35,456 10,473 45,929 17,093
General administrative costs 20,006 - 20,006 34,473
126,634 25,549 152,183 79,413
11 Staff costs
2022 2021
Salaries and wages 65,551 22,086
Social security costs 5,618 2,239
Pension costs 1,074 1,500
72,243 25,825
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was as follows:
2022 2021
Number Number
Peoples Pension Fund 4 4

Page 15

The Cranleigh Arts Centre Limited Notes to the Accounts

12 Tangible fixed assets

12 Tangible fixed assets
Cost or revaluation
At 1 April 2021
At 31 March 2022
Depreciation and
impairment
At 1 April 2021
At 31 March 2022
Net book values
At 31 March 2022
At 31 March 2021
13 Stocks
Bar and Café
14Debtors
Trade debtors
Prepayments and accrued income
15 Creditors:
amounts falling due within one year
Trade creditors
Other taxes and social security
Other creditors
Accruals
Deferred income		 Land and
buildings
£
1,166,743
1,166,743
1,166,743
1,166,743
-
-		 Fixtures and
Fittings		 £
66,307
66,307
66,307
66,307
-
-		 Total
£
1,237,540
£
4,490
4,490
4,490
4,490
-
-
2022
£
550
550
2022
£
4,072
5,569
9,641
2022
£
16,976
6,514
4,020
1,237,540
1,237,540
1,237,540
-
-
2021
£
550
550
2021
£
-
4,950
4,950
2021
£
3,569
(2,030)
1,000
6,423 10,296
10,292 (2,853)
44,225 9,982

Page 16

The Cranleigh Arts Centre Limited Notes to the Accounts

16 Movement in funds

Restricted funds:
Restricted income funds:
Volunteer coordinator fund
Ticket Fund
s106 Grant
Total
Unrestricted funds:
General funds
Designated funds:
General Fund
Technical Development Fund
Other Reserves
National Lottery Community
Fund
Reserves
Marketing Donation
Total
Total funds		 At 1 April
2021
1,690
2,403
52,393
56,486
114,373
4,737
4,831
102
-
101
800
10,571
181,430		 Incoming
resources
(including
other
gains/losses
)
£
2
-
535
537
274,258
650
-
-
15,076
-
400
16,126
290,921		 Resources
expended
£
(112)
-
(10,473)
(10,585)
(206,609)
(537)
-
-
(15,076)
-
-
(15,613)
(232,807)		 At 31
March
2022
£
1,580
2,403
42,454
46,437
182,022
4,850
4,831
102
-
101
1,200
11,084
239,544

Purposes and restrictions in relation to the funds:

Restricted funds: Volunteer coordinator fund a restricted fund set up following a donation from the Wates Foundation for the salary and training of a volunteer co-ordinator Ticket Fund a restricted fund following a donation from the St James Place charitable foundation to pay for the tickets to Cranleigh Arts Centre events for the benefit of under privileged children. s106 Grant a restricted fund for the capital cost improvements to the Art Centre

Designated funds: General Fund Technical Development Fund a designated fund set up to cover the cost of replacing or improving equipment used in the centre to ensure funds are available when required

Page 17

The Cranleigh Arts Centre Limited Notes to the Accounts

other reserves

Other Reserves

National Lottery Community Volunteer co-orinadotrs funding Fund

Marking Donation Funding for the classical musical pro

gramme

17 Analysis of net assets between funds

Net current assets
18 Reconciliation of net debt
Cash and cash equivalents
Net debt		 Unrestricted
funds
£
232,361
232,361
At 1 April
2021
£		 Restricted
funds
£
7,183
7,183
Cash flows
£		 Total
£
239,544
239,544
At 31
March
2022
£
185,912 87,666 273,578
185,912
185,912		 87,666
87,666		 273,578
273,578
19 Commitments
Operating lease commitments
Annual commitments under non-cancellable operating leases
2022
Land and
buildings
£
Operating leases with expiry date:
Pension commitments
The pension cost charge to the charity
amounted to:		 are as follows:
2022
Other
£
2022
£
1,074		 2021
Land and
buildings
£		 2021
Other
£
2021
£
1,500

Page 18

The Cranleigh Arts Centre Limited Detailed Statement of Financial Activities

for the year ended 31 March 2022

Income
Donations and legacies
Donations
Subscriptions
Waverley BC Grants
Charitable activities
Visual and Performing
Arts
Room Hire
Brochure
Volunteer coordinator
fund
Other trading activities
Bar and Café
Courses and Workshops
Investments
Bank Interest
Other
Exhibitions
Total income and
endowments
Expenditure on:
Costs of generating
donations and legacies
Subscriptions
Costs of other trading
activities
Bar and Café
Courses and Workshops
Total of expenditure on
raising funds
Charitable activities		 Unrestricted
funds
2022
£
12,395
7,933
35,667
55,995
81,868
37,932
2,482
0
122,282
24,269
13,729
37,998
-
-
3,380
3,380
219,655
738
738
13,032
4,370
17,402
18,140		 Restricted
funds
2022
£
402
-
-
402
-
-
-
15,611
15,611
-
-
-
-
-
-
-
16,013
-
-
-
-
-
-		 Total funds
2022
£
12,797
7,933
35,667
56,397
81,868
37,932
2,482
15,611
137,893
24,269
13,729
37,998
-
-
3,380
3,380
235,668
738
738
13,032
4,370
17,402
18,140		 Total funds
2021
£
7,876
6,807
22,000
36,683
-
3,068
-
-
3,068
59
-
59
591
591
-
-
40,401
-
-
574
-
574
574

Page 19

The Cranleigh Arts Centre Limited Detailed Statement of Financial Activities

Visual and Performing
Arts
Room Hire
Brochure
Other
Governance costs
Accountancy fees
Legal fees
Professional fees
Total of expenditure on
charitable activities
Other expenditure
Card processing costs
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Staff training
Freelance staff
Premises costs
Rent
Rates
Light, heat and power
Premises cleaning
Premises insurances
Premises repairs and
maintenance
Other premises costs
General administrative
costs, including
depreciation and
amortisation
Depreciation of Fixtures
and Fittings
Bad debts
Bank charges
General insurances
Postage and couriers
Software, IT support and
related costs
Stationery and printing		 36,310
8,676
10,410
4,276
59,672
500
313
1,350
2,163
61,835
5,170
5,170
50,475
5,618
1,074
818
8,017
66,002
4,015
911
9,720
3,313
2,762
12,324
2,411
35,456
-
(96)
520
2,762
40
10,378
1,434		 -
-
-
649
649
-
-
-
-
649
-
-
15,076
-
-
-
-
15,076
-
-
-
-
-
10,473
-
10,473
-
-
-
-
-
-
-		 36,310
8,676
10,410
4,925
60,321
500
313
1,350
2,163
62,484
5,170
5,170
65,551
5,618
1,074
818
8,017
81,078
4,015
911
9,720
3,313
2,762
22,797
2,411
45,929
-
(96)
520
2,762
40
10,378
1,434		 -
80
233
1,738
2,051
500
485
640
1,625
3,676
1,874
1,874
22,086
2,239
1,500
4
144
25,973
4,015
1,065
5,375
1,873
-
3,589
1,176
17,093
-
8,000
276
3,217
232
21,291
143

Page 20

The Cranleigh Arts Centre Limited Detailed Statement of Financial Activities

Sundry expenses
Telephone, fax and
broadband
Total of expenditure of
other costs
Total expenditure
Net gains on
investments
Net income/(expenditure)
Net income/(expenditure)
before other
gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought
forward
Total funds carried
forward		 3,625
1,343
20,006
126,634
206,609
-
13,046
13,046
-
13,046
124,944
137,990		 -
-
-
25,549
26,198
-
(10,185)
(10,185)
-
(10,185)
56,486
46,301		 3,625
1,343
20,006
152,183
232,807
-
2,861
2,861
-
2,861
181,430
184,291		 35
1,279
34,473
79,413
83,663
-
(43,262)
(43,262)
48,592
5,330
176,100
181,430

Page 21