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2023-03-31-accounts

Pages
Trustees' Annual Report (Incorporating the Director's Report) 1to 8
Independent
Examiner's
Report to the
Trustees 9to10
Statement ofFinancial Activities (Including Income and Expenditure Account)
Statement ofFinancial Position 12
Notes to the Financial Statements- 13to 24

Reference and Administrative and Administrative and Administrative Details
Registered charity name Colchester Arts Centre
Charity registration number 288652
Company registration number 1782715
Principal office and registered StMary at the Walls
office Church Street
Colchester
Essex
Col 1NF
The Trustees N Hildreth
EBarker
EPrice
A Clavane
DA W Allen
LGoodwin
C Turner
JStephen
DBChristopher
D Laws (Retired 2 November 2022)
JNakum
A Roberts
M Burrows (Appointed 2November 2022)
Company Secretary DAW Allen
Independent Examiner Carol Green FCCA
Middleborough House
16Middleborough
Colchester
Essex
CO1 1QT

2023 2022
Unrestricted Restricted
funds funds Total funds Total funds
Note
Income and endowments
Donations
and legacies
5 341,728 61,360 403,088 492,591
Charitable
activities
6 592,946 592,946 361,382
Investment income 7 2,383 2,383 198
Other income 8 300 300
Total income 937,357 61,360 99&,717 854,171
Expenditure
Expenditure on charitable activities 9,10 888,164 13,122 901,2&6 652,024
Total expenditure 888,164 13,122 901,286 652,024
Net income and net movement in funds 49,193 48,238 97,431 202,147
Reconciliation offunds
Total funds brought forward 826,140 61,497 887,637 685,490
Total funds carried forward 875,333 109,735 985,068 887,637

31March 202 3
2023 2022
Note
Fixed Assets
Tangible fixed assets 16 379,297 452,364
Current Assets
Stocks 17 6,889 7,797
Debtors 18 15,741 14,006
Cash at bank and in hand 1,2699101 1,160,470
1,291,731 1,182,273
Creditors: amounts falling due within one year 19 685,960 747,000
Net Current Assets 605,771 435,273
Total Assets Less Current Liabilities 985,068 887,637
Funds ofthe Charity
Restricted funds 109,735 61,497
Unrestricted funds 875,333 826,140
Total charity funds 22 985,068 887,637

Unrestricted Restricted Total Funds
Funds Funds 2023
Donations
Donations 18,856 18,856
Grants
ACE Small Capital grant 76,393 76,393
Colchester Borough Council 48,175 48,175
Arts Council England, East 196,684 196,684
Trusts &Foundations fundraising 1,620 48,760 50,380
Essex County Council 12,600 12,600
Government grant income
341,728 61,360 403,088

Unrestricted Restricted Total Funds
Funds Funds 2022
E
Donations
Donations 27,119 27,119
Grants
ACE Small Capital grant
Colchester Borough Council 48,175 48,175
Arts Council England, East 247,713 247,713
Trusts &Foundations fundraising 47,000 60,621 107,621
Essex County Council
Government grant income 61,963 61,963
431,970 60,621 492,591
6. Charitable Activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Boxoffice 321,087 321,087 230,404 230,404
Room hirings 56,370 56,370 20,135 20,135
Bar 205,715 205,715 103,769 103,769
Other income 9,774 9,774 7,074 7,074
592,946 592,946 361,382 361,382
7. Investment Income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Bank interest receivable 2,383 2,383 198 198
8. Other Income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Gain on disposal oftangible fixed assets
held for charity's own use 300 300

Unrestricted Restricted Total Funds
Funds Funds 2023
BoxOffice 584,877 11,971 596,849
Bar&Front ofHouse 110,795 110,795
Support costs 192,492 1,151 193,642
888,164 13,122 901,286
Unrestricted Restricted Total Funds
Funds Funds 2022
BoxOffice 310,141 105,000 415,141
Bar&Front ofHouse 99,710 99,710
Support costs 75,274 61,899 137,173
485,125 166,899 652,024
Expenditure on Charitable
Acti
vities by Activity Type
Activities
undertaken Total funds Total fund
directly Support costs 2023 2022
BoxOffice 596,849 104,780 701,629 498,068
Room hirings 18,394 18,394 7,247
Bar&Front ofHouse 110,795 67,130 177,925 137,056
Governance costs 3,338 3,338 9,653
707,644 193,642 901,286 652,024

11. Analysis of Support Cost s
Bar&Front
Boxonce Room hirings ofHouse Total 2023 Total 2022
Governance costs 1,839 323 1,178 3,340 9,652
Repairs &maintenance 5,909 1,037 3,786 10,732 8,022
Premises costs 14,603 2,564 9,356 26,523 22,969
Motor &travel 4,877 856 3,124 8,857 3,015
Telephone, fax &internet 1,222 214 783 2,219 2,122
Other office costs 5,786 1,016 3,706 10,508 7,123
Other costs 10,308 1,810 6,604 18,722 8,980
Wages and salaries 13,643 2,395 8,741 24,779 19,392
Employers NI 1,252 220 802 2,274 1,455
Depreciation 43,208 7,585 27,682 78,475 51,870
Legal &professional 3,971 697 2,545 7,213 2,573
106,618 18,717 68,307 193,642 137,173
12. Net Income
Net income is stated after charging/(crediting):
2023 2022
Depreciation oftangible fixed assets 88,476 51,869
Gains on disposal oftangible fixed assets (300)
13. Independent Examination Fees
2023 2022
Fees payable to the independent examiner for:
Independent examination ofthe financial statements 1,200 1,200

Land and
buildings Equipment Total
Cost
At 1Apr 2022
Additions
361,162 370,634
5,409
731,796
5,409
Disposais (16,247) (16,247)
At 31Mar 2023 361,162 359,796 720,958
Depreciation
At 1Apr 2022
Charge for the
year 121,151
33,029
148,281
55,447
269,432
88,476
Disposals (16,247) (16,247)
At 31Mar 2023 154,180 187,481 341,661
Carrying
amount
At 31Mar 2023 206,982 172,315 379,297
At 31Mar 2022 240,011 222,353 462,364
17. Stocks
2023 2022
Raw materials and consumables 6,889 7,797
18. Debtors
2023 2022
Trade debtors 250
Prepayments
and accrued income
15,641 13,156
Other debtors 100 600
15,741 14,006
19. Creditors: amounts falling due within one year
2023 2022
Trade creditors 39,738 20,909
Social security and other taxes 16,439 10,148
Other creditors 629,783 715,943
685,960 747,000

The amounts recognised
in the financi
al
statements
for government
grants are as follows:
2023 2022
Recognised in income from donations and legacies:
Government grants income 61,963

Unrestricte d
funds
At At
1 Apr 2022 Income Expenditure Transfers 31Mar 2023
General funds 179,807 880,120 (888,164) 171,763
Equipment k, capital
replacement fund 276,971 276,971
Emergency fund 76,767 39,237 116,004
projects 212,595 18,000 230,595
CBCKick Starter fund
Legacy 50,000 50,000
Archiving 20,000 20,000
Carbon Insetting 10,000 10,000
826,140 937,357 (888,164) 875,333
At At
1 Apr 2021 Income Expenditure Transfers 31Mar 2022
General funds 121,190 793,550 (480,125) (254,808) 179,807
Equipment 8ccapital
replacement fund 192,567 84,404 276,971
Emergency fund 76,767 76,767
projects 98,191 114,404 212,595
CBCKick Starter fund 5,000 (5,000)
Legacy 24,000 26,000 50,000
Archiving 20,000 20,000
Carbon Insetting 10,000 10,000
517,715 793,550 (485,125) 826,140

Restricted funds
At At
1 Apr 2022 Income Expenditure Transfers 31Mar 2023
Lottery Building Fund 11,497 (1,151) 10,346
Garfield Weston Culture
Fund
Community
Bus
50,000 50,000
Here &Now
Twinkle Star project 33,000 (9,583) 23,417
The Mum project 15,760 15,760
Older Persons project 12,600 (2,388) 10,212
61,497 61,360 (13,122) 109,735
At At
1 Apr 2021 Income Expenditure Transfers 31Mar 2022
Lottery Building Fund 12,775 60,621 (61,899) 11,497
Garfield Weston Culture
Fund 100,000 (100,000)
Community
Bus
50,000 50,000
Here &Now 5,000 (5,000)
Twinkle Star project
The Mum project
Older Persons project
167,775 60,621 (166,899) 61,497

Analysis ofNet As sets Between Funds
Unrestricted Restricted Total Funds
Funds Funds 2023
Tangible fixed assets 368,951 10,346 379,297
Current assets 1,192,342 99,389 1,291,731
Creditors less than 1 year (685,960) (685,960)
Net assets 875,333 109,735 985,068
Unrestricted Restricted Total Funds
Funds Funds 2022
Tangible fixed assets 440,867 11,497 452,364
Current assets 1,132,273 50,000 1,182,273
Creditors less than 1 year (747,000) (747,000)
Net assets 826,140 61,497 887,637

Pages
Trustees' Annual Report (Incorporating the Director's Report) 1to 8
Independent
Examiner's
Report to the
Trustees 9to10
Statement ofFinancial Activities (Including Income and Expenditure Account)
Statement ofFinancial Position 12
Notes to the Financial Statements 13to 24

Reference and Administrative and Administrative and Administrative Details
Registered charity name Colchester Arts Centre
Charity registration number 288652
Company registration number 1782715
Principal office and registered StMary at the Walls
office Church Street
Colchester
Essex
CO1 1NF
The Trustees N Hildreth
EBarker
EPrice
A Clavane
DA WAllen
LGoodwin
C Turner
JStephen
DBChristopher
D Laws (Retired 2November 2022)
JNakum
A Roberts
M Burrows (Appointed 2 November 2022)
Company Secretary DAW Allen
Independent Examiner Carol Green FCCA
Middleborough House
16Middleborough
Colchester
Essex
Col 1QT

2023 2022
Unrestricted Restricted
funds funds Total funds Total funds
Note
Income and endowments
Donations
and legacies
5 341,728 61,360 403,088 492,591
Charitable
activities
6 592,946 592,946 361,382
Investment income 7 2,383 2,383 198
Other income 8 300 300
Total income 937,357 61,360 998,717 854,171
Expenditure
Expenditure on charitable activities 9,10 888,164 13,122 901,286 652,024
Total expenditure 888,164 13,122 901,286 652,024
Net income and net movement in funds 49,193 48,238 97,431 202,147
Reconciliation
offunds
Total funds brought forward 826,140 61,497 887,637 685,490
Total funds carried forward 875,333 109,735 985,068 887,637

2023 2022
Note
Fixed Assets
Tangible fixed assets 16 379,297 452,364
Current Assets
Stocks 17 6,889 7,797
Debtors 18 15,741 14,006
Cash at bank and in hand 1,269,101 1,160,470
1,291,731 1,182,273
Creditors: amounts falling due within one year 19 685,960 747,000
Net Current Assets 605,771 435,273
Total Assets Less Current Liabilities 985,068 887,637
Funds ofthe Charity
Restricted funds 109,735 61,497
Unrestricted funds 875,333 826,140
Total charity funds 22 985,068 887,637

Donations
and Legaci
es
Unrestricted Restricted Total Funds
Funds Funds 2023
Donations
Donations 18,856 18,856
Grants
ACE Small Capital grant
Colchester Borough Council
Arts Council England, East
Trusts &Foundations
fundraising
76,393
48,175
196,684
1,620
48,760 76,393
48,175
196,684
50,380
Essex County Council 12,600 12,600
Government
grant income
341,728 61,360 403,088

Unrestricted Restricted Total Funds
Funds Funds 2022
1,
Donations
Donations 27,119 27,119
Grants
ACE Small Capital grant
Colchester Borough Council 48,175 48,175
Arts Council England, East 247,713 247,713
Trusts &Foundations fundraising 47,000 60,621 107,621
Essex County Council
Government grant income 61,963 61,963
431,970 60,621 492,591
6. Charitable Activities Activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Boxoffice 321,087 321,087 230,404 230,404
Room hirings 56,370 56,370 20,135 20,135
Bar 205,715 205,715 103,769 103,769
Other income 9,774 9,774 7,074 7,074
592,946 592,946 361,382 361,382
7. Investment Income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
Bank interest receivable 2,383 2,383 198 198
8. Other Income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
K
Gain on disposal oftangible fixed assets
held for charity's own use 300 300

Unrestricted Restricted Total Funds
Funds Funds 2023
BoxOffice 584,877 11,971 596,849
Bar&Front ofHouse 110,795 110,795
Support costs 192,492 1,151 193,642
888,164 13,122 901,286
Unrestricted Restricted Total Funds
Funds Funds 2022
BoxOffice 310,141 105,000 415,141
Bar &Front ofHouse 99,710 99,710
Support costs 75,274 61,899 137,173
485,125 166,899 652,024

Expenditure on Charitable
Acti
vities by Activity Type
Activities
undertaken Total funds Total fund
directly Support costs 2023 2022
BoxOffice 596,849 104,780 701,629 498,068
Room hirings
Bar&Front
ofHouse 110,795 18,394
67,130
18,394
177,925
7,247
137,056
Governance costs 3,338 3,338 9,653
707,644 193,642 901,286 652,024

11. Analysis of Support Cost s
Bar&Front
Boxoffice Room hirings ofHouse Total 2023 Total 2022
1'.
Governance costs 1,839 323 1,178 3,340 9,652
Repairs &maintenance 5,909 1,037 3,786 10,732 8,022
Premises costs 14,603 2,564 9,356 26,523 22,969
Motor &travel 4,877 856 3,124 8,857 3,015
Telephone, fax &internet 1,222 214 783 2,219 2,122
Other office costs 5,786 1,016 3,706 10,508 7,123
Other costs 10,308 1,810 6,604 1S,722 8,980
Wages and salaries 13,643 2,395 8,741 24,779 19,392
Employers NI 1,252 220 802 2,274 1,455
Depreciation 43,208 7,585 27,682 78,475 51,870
Legal &professional 3,971 697 2,545 7,213 2,573
106,618 18,717 68,307 193,642 137,173
12. Net Income
Net income is stated after charging/(crediting):
2023 2022
Depreciation oftangible fixed assets 88,476 51,869
Gains on disposal oftangible fixed assets (300)
13. Independent Examination Fees
2023 2022
Fees payable to the independent examiner for:
Independent examination ofthe financial statements 1,200 1,200

16. Tangible Fixed Assets Tangible Fixed Assets Tangible Fixed Assets
Land and
buildings Equipment Total
Cost
At 1Apr 2022
Additions
361,162 370,634
5,409
731,796
5,409
Disposals (16,247) (16,247)
At 31Mar 2023 361,162 359,796 720,958
Depreciation
At 1 Apr 2022
Charge for the
year 121,151
33,029
148,281
55,447
269,432
88,476
Disposais (16,247) (16,247)
At31Mar 2023 154,180 187481 341661
Carrying
amount
At 31Mar 2023
206,982 172,315 379,297
At 31Mar 2022 240,011 222,353 462,364
17. Stocks
2023 2022
Raw materials and consumables 6,889 7,797
18. Debtors
2023 2022
Trade debtors 250
Prepayments
and accrued income
15,641 13,156
Other debtors 100 600
15,741 14,006
19. Creditors: amounts falling due within one year
2023 2022
Trade creditors 39,738 20,909
Social security and other taxes 16,439 10,148
Other creditors 629,783 715,943
685,960 747,000

The amounts recognised
in the financi
al
statements
for government
grants are as follows:
2023 2022
Recognised in income from donations and legacies:
Government grants income 61,963

Unrestricted funds
At At
1 Apr 2022 Income Expenditure Transfers 31Mar 2023
General funds 179,807 880,120 (888,164) 171,763
Equipment &capital
replacement fund 276,971 276,971
Emergency fund 76,767 39,237 116,004
Projects 212,595 18,000 230,595
CBCKick Starter fund
Legacy 50,000 50,000
Archiving 20,000 20,000
Carbon Insetting 10,000 10,000
826,140 937,357 (888,164) 875,333
At At
1 Apr 2021 Income Expenditure Transfers 31Mar 2022
General funds 121,190 793,550 (480,125) (254,808) 179,807
Equipment &capital
replacement fund 192,567 84,404 276,971
Emergency fund 76,767 76,767
Projects 98,191 114,404 212,595
CBCKick Starter fund 5,000 (5,000)
Legacy
Archiving
24,000 26,000
20,000
50,000
20,000
Carbon Insetting 10,000 10,000
517,715 793,550 (485,125) 826,140

Restricted funds
At At
1 Apr 2022 Income Expenditure Transfers 31Mar 2023
Lottery Building Fund 11,497 (1,151) 10,346
Garfield Weston Culture
Fund
Community
Bus
50,000 50,000
Here &Now
Twinkle Star project 33,000 (9,583) 23,417
The Mum project 15,760 15,760
Older Persons project 12,600 (2,388) 10,212
61,497 61,360 (13,122) 109,735
At At
1 Apr 2021 Income Expenditure Transfers 31Mar 2022
Lottery Building Fund 12,775 60,621 (61,899) 11,497
Garfield Weston Culture
Fund 100,000 (100,000)
Community
Bus
50,000 50,000
Here &Now 5,000 (5,000)
Twinkle Star project
The Mum project
Older Persons project
167,775 60,621 (166,899) 61,497

Analysis ofNet As sets Between Funds
Unrestricted Restricted Total Funds
Funds Funds 2023
E
Tangible fixed assets 368,951 10,346 379,297
Current assets 1,192,342 99,389 1,291,731
Creditors less than 1 year (685,960) (685,960)
Net assets 875,333 109,735 985,068
Unrestricted Restricted Total Funds
Funds Funds 2022
Tangible fixed assets 440,867 11,497 452,364
Current assets 1,132,273 50,000 1,182,273
Creditors less than 1 year (747,000) (747,000)
Net assets 826,140 61,497 887,637