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2022-12-31-accounts
| Trustees |
Miss E Butlin |
|
|
Mr B Devitt-Spooner |
|
|
Mrs R Godden |
|
|
Mrs KA Hackett |
|
|
Ms L Stocker |
|
|
Mrs D Timperley |
|
|
Mrs D Rogers |
|
|
Mr A Hauge |
|
|
Mrs L G Sparks |
|
|
Ms J McAllister |
|
|
Miss EC Welch |
|
|
Mrs AM Cates |
(Appointed 28 April 2022) |
| Treasurer |
Miss Elaine Butlin |
|
| Secretary |
Mr B Devitt-Spooner |
|
| Charity number |
292234 |
|
| Company number |
01716423 |
|
| Principal address |
North Wing |
|
|
Southover Grange |
|
|
Southover Road |
|
|
Lewes |
|
|
East Sussex |
|
|
BN71TP |
|
| Registered office |
18 Hyde Gardens |
|
|
Eastbourne |
|
|
East Sussex |
|
|
BN21 4RT |
|
| Independent examiner |
Alastair Towler BFP ACA DChA |
|
|
18 Hyde Gardens |
|
|
Eastbourne |
|
|
East Sussex |
|
|
BN21 4PT |
|
|
Page |
| Trustees'report |
1-4 |
| Statement of Trustees’responsibilities |
5 |
| Independent examiner’s report |
6 |
| Statement of financial activities |
7 |
| Statement of financial position |
8 |
| Statement of cash flows |
9 |
| Notes to the financial statements |
10-18 |
|
|
**Unrestricted ** |
Unrestricted |
|
|
funds |
funds |
|
|
2022 |
2021 |
|
Notes |
£ |
£ |
| Income from: |
|
|
|
| Donations and legacies |
3 |
890 |
801 |
| Charitable activities |
4 |
44,750 |
47,154 |
| Subscriptions |
5 |
11,777 |
11,858 |
| Investments |
6 |
569 |
197 |
| Total income |
|
57,986 |
60,010 |
| Expenditure on: |
|
|
|
| Promotion and publicity |
7 |
6,816 |
3,919 |
| Charitable activities |
8 |
41,280 |
42,022 |
| Total expenditure |
|
48,096 |
45,941 |
| Net income for the year/ |
|
|
|
| Net movement in funds |
|
9,890 |
14,069 |
| Fund balances at 1 January 2022 |
|
44,193 |
30,124 |
| Fund balances at 31 December 2022 |
|
54,083 |
44,193 |
|
|
2022 |
|
2021 |
|
|
Notes |
£ |
£ |
£ |
£ |
| Fixed assets |
|
|
|
|
|
| Property, plant and equipment |
12 |
|
- |
|
14 |
| Investments |
13 |
|
1 |
|
1 |
|
|
|
1 |
|
15 |
| Current assets |
|
|
|
|
|
| Trade and other receivables |
14 |
7,603 |
|
5,151 |
|
| Cash at bank and in hand |
|
71,415 |
|
59,137 |
|
|
|
79,018 |
|
64,288 |
|
| Current liabilities |
15 |
(24,936) |
|
(20,110) |
|
| Net current assets |
|
|
54,082 |
|
44,178 |
| Total assets less current liabilities |
|
|
54,083 |
|
44,193 |
| Income funds |
|
|
|
|
|
| Unrestricted funds |
|
|
54,083 |
|
44,193 |
|
|
|
54,083 |
|
44,193 |
|
|
|
2022 |
|
|
2021 |
|
|
Notes |
£ |
|
£ |
£ |
|
£ |
| Cash flows from operating activities |
|
|
|
|
|
|
|
| Cash generated from operations |
18 |
|
|
11,709 |
|
|
22,561 |
| Investing activities |
|
|
|
|
|
|
|
| Investment income received |
|
569 |
|
|
197 |
|
|
| Net cash generated from investing |
|
|
|
|
|
|
|
| activities |
|
|
|
569 |
|
|
197 |
| Net cash used in financing activities |
|
|
|
- |
|
|
- |
| Net increase in cash and cash equivalents |
|
|
|
12,278 |
|
|
22,758 |
| Cash and cash equivalents at beginning of year |
|
|
|
59,137 |
|
|
36,379 |
| Cash and cash equivalents at end of year |
|
|
|
71,415 |
|
|
59,137 |
|
**Unrestricted ** |
Unrestricted |
|
funds |
funds |
|
2022 |
2021 |
|
£ |
£ |
| Donations and gifts |
890 |
801 |
|
Exhibition |
Exhibition |
|
fees |
fees |
|
2022 |
2021 |
|
£ |
£ |
| Sales within charitable activities |
44,007 |
46,954 |
| Other income |
743 |
200 |
|
44,750 |
47,154 |
|
Unrestricted |
Unrestricted |
|
funds |
funds |
|
2022 |
2021 |
|
£ |
£ |
| Membership subscriptions |
11,777 |
11,858 |
| Investments |
|
|
|
Unrestricted |
Unrestricted |
|
funds |
funds |
|
2022 |
2021 |
|
£ |
£ |
| Interest receivable |
569 |
197 |
| Promotion and publicity |
|
|
|
Unrestricted |
Unrestricted |
|
funds |
funds |
|
2022 |
2021 |
|
£ |
£ |
| Promotion and publicity costs |
|
|
| Fundraising agents |
3,732 |
3,638 |
| Advertising |
3,084 |
281 |
| Promotion and publicity costs |
6,816 |
3,919 |
|
6,816 |
3,919 |
|
Promoting |
Promoting |
|
craft |
craft |
|
2022 |
2021 |
|
£ |
£ |
| Craft show expenses |
27,734 |
28,350 |
| Share of support costs (see note 9) |
11,968 |
12,154 |
| Share of governance costs (see note 9) |
1,578 |
1,518 |
|
41,280 |
42,022 |
| Support costs |
|
|
|
|
|
|
|
Support Governance |
|
2022 |
Support Governance |
|
2021 |
|
costs |
costs |
|
costs |
costs |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
| Depreciation |
14 |
|
14 |
14 |
|
14 |
| Secretarial, |
|
|
|
|
|
|
| administration and |
|
|
|
|
|
|
| bookkeeping |
8,600 |
|
8,600 |
8,800 |
|
8,800 |
| Repairs and renewals |
15 |
|
15 |
25 |
- |
25 |
| Insurance |
839 |
|
839 |
813 |
|
813 |
| Meeting expenses |
123 |
|
123 |
67 |
|
67 |
| Website expenses |
1,795 |
|
1,795 |
1,701 |
|
1,701 |
| Sundry expenses |
582 |
|
582 |
734 |
|
734 |
| Accountancy and |
|
|
|
|
|
|
| independent examination |
|
1,578 |
1,578 |
|
1,518 |
1,518 |
|
11,968 |
1,578 |
13,546 |
12,154 |
1,518 |
13,672 |
| Analysed between |
|
|
|
|
|
|
| Charitable activities |
11,968 |
1,578 |
13,546 |
12,154 |
1,518 |
13,672 |
| 2022 |
2021 |
| Number |
Number |
| - |
|
| 12 |
Property, plant and equipment |
|
|
|
|
|
|
Fixtures, fittings & equipment |
|
|
|
|
|
£ |
|
Cost |
|
|
|
|
At 1 January 2022 |
|
|
2,878 |
|
At 31 December 2022 |
|
|
2,878 |
|
Depreciation and impairment |
|
|
|
|
At 1 January 2022 |
|
|
2,864 |
|
Depreciation charged in the year |
|
|
14 |
|
At 31 December 2022 |
|
|
2,878 |
|
Carrying amount |
|
|
|
|
At 31 December 2021 |
|
|
14 |
| 13 |
Fixed asset investments |
|
|
|
|
|
|
|
Other |
|
|
|
|
investments |
|
Cost or valuation |
|
|
|
|
At 1 January 2022 & 31 December 2022 |
|
|
1 |
|
Carrying amount |
|
|
|
|
At 31 December 2022 |
|
|
1 |
|
At 31 December 2021 |
|
|
1 |
|
|
|
2022 |
2021 |
|
Other investments comprise: |
Notes |
£ |
£ |
|
Investments in subsidiaries |
17 |
1 |
1 |
| 14 |
Trade and other receivables |
|
|
|
|
|
|
2022 |
2021 |
|
Amounts falling due within one year: |
|
£ |
£ |
|
Prepayments and accrued income |
|
7,603 |
5,151 |
| **15 ** |
Cun-ent liabilities |
|
|
|
|
2022 |
2021 |
|
|
£ |
£ |
|
Trade payables |
7,078 |
4,306 |
|
Accruals and deferred income |
17,858 |
15,804 |
|
|
24,936 |
20,110 |
| Name of undertaking |
Registered |
Nature of business |
Class of |
% Held |
|
office |
|
shares held |
Direct Indirect |
| The Sussex Guild Shop |
UK |
Sales of Guild members' |
Ordinary |
100.00 |
| Limited |
|
products |
|
|
| Name of undertaking |
**Profit/(Loss) ** |
Capital and |
|
|
Reserves |
|
£ |
£ |
| The Sussex Guild Shop |
|
|
| Limited |
1,384 |
32,731 |
| Cash generated from operations |
2022 |
2021 |
|
£ |
£ |
| Surplus for the year |
9,890 |
14,069 |
| Adjustments for: |
|
|
| Investment income recognised in statement of financial activities |
(569) |
(197) |
| Depreciation and impairment of property, plant and equipment |
14 |
14 |
| Movements in working capital: |
|
|
| (Increase) in trade and other receivables |
(2,452) |
(4,334) |
| Increase in trade and other payables |
4,826 |
13,009 |
| Cash generated from operations |
11,709 |
22,561 |