2023-03-31-accounts - Lighthouse Arts And Training Ltd

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Trustees		-Jennifer Lloyd Antony Gostyn	—Chair '	—Chair '
		Antonia Blocker
		Tony Pilgrim
		Elliott Cushnie
		Michael Cole v
		Sarah Lee
		Rebecca Groves
		Laura Wade
		Judith Ricketts
		Ju Row Farr
*indicates	membership	ofthe Finance Sub-Committee		during the year.
Secretary &CEO		Allison Jane Cameron
Charity Number		296404
Company number		02032711
Operational	and	1Zone 8
Registered	Office Address	28 Kensington	Street
		8dghton
		BN14AI
Auditors		PRBAccountants		LLP
		Kingfisher House
		Hurstwood Grange
		Hurstwood Lane
		Haywards Heath
		West Sussex
		RH17 7QX
Bankers		Lloyds
		Hove Business Centre
		74-78Church Road
		Hove
		BN3 2EE
Solicitors		DMH Stallard
		100Queens Road
		Brighton
		BN13YB

								Notes	Unrestricted Funds	Restricted	Funds	Funds	2023Total		2022Total
Income
														E	E
Voluntary income								2	120,805		1,085		121,890		211,850
Room hire, catering	and		bar	income				3	48,981				48,981		11,353
Building rents and other			income					4	176,090				176,090		159,124
Consultancy income								4	7,050				7,050		11,250
									352,926		1,085		354,011		393,577
Incoming resources from			charitable		activities						5,000		5,000		133,445
Totalincome									352,926		6,085		359,011		527,022
~Ex enditure
Costs ofraising funds
Cost ofgenerating voluntary				income					111,131				111,131		100,237
Room hire, catering and bar expenses								3	23,570				23,570		18,937
Building management		costs							160,996				160,996		115,291
Consultancy income									12,832				12,832		9,282
									308,530				308,530		243,747
Net income available									44,396		6,085		50,481		283,275
Charitable activities
Exhibitions
															120,356
Education, Learning &		Participation													2,292
Talent & Professional	Development				including	Talks,
Podcasts &Showcase	Events									75,905			75,905		117,734
Other									18,136				18,136		18,136
									18,136	75,905			94,040		258,518
Governance costs									4,900				4,900		4,900
Total resources expended								6	331,566	75,905			407,470		507,165
Net income/(expenditure)			before transfers						21,360	(69,819)			(48,459)		19,857
Gross transfers between		funds							(67,876)	67,876
Net income/(expenditure)		for the		year. Net movement			in funds		(46,515)	(1,944)			(48,459)		19,857
Total funds brought forward at 1stApril 2022									1,923,194	2,458			1,915,652		1,895,795
Fund balances at 31st	March 2023								1,866,680		514		1,867,194		1,915,652
The statement offinancial			activities also complies				with the	requirements	for an income	and expenditure		account under		the
Companies Act 2006.

STATEMENT OF CASH FLOWS
		2023	2022
Net movement in funds		(48,459)	19,857
Add: Depreciation		18,136	18,136
Add: reduction in unrecoverable	VAT
Decrease/(Increase)in stock / assets			(3,812)
Decrease/(Increase)in debtors		(11,523)	(6,776)
Decrease in investment
Increase/(Decrease) in creditors	less than one year	21,070	(93,574)
Increase/(Decrease)in creditors	more than one year
Cash used in operating activities		(20,775)	(66,169)
Cash from investing activities
Interest income
Cash provided from investing activities
Increase/(Decrease)in cash and	cash equivalents	(20,775)	(66,169)
Cash and cash equivalents at the	beginning ofthe year	307,321	373,490
Cash and cash equivalents at the end ofthe year		286,546	307@21

Voluntary	Income
			Unrestricted	Restricted	Total	Total
			funds	funds	2023	2022
					E	6
Grants receivable for core		activities	120,536	1,085	121,621	211,619
Donations			269		269	231
Total			120,805	1,085	121,890	211,850
Grants receivable for core		activities
Unrestricted funds:
ACE NPO	Core Grant				117,108	117,108
Lighthouse	Young Creatives
ACE Culture Recovery Fund						82,202
BHCC Omicron Hospitality		& Leisure Grant				3,080
Jonathan	Ruffer Curatorial	Grant			1,200
DWO RM	Main No.1				2,228
					120,536	202,390
Restricted	funds:
Core funding -Grants to support staff costs					1,085	9,229
					1,085	9,229

Room hire, catering and bar
			Total	Total
	Unrestricted	Restricted	2023	2022
			E	E
Room hire, catering and bar Income	48,981		48,981	11,353
Room hire, catering and bar expenses	(23,495)		(23,495)	(18,937)
Net room hire, catering and bar income	25,486		25,486	(7,584

Rental income	Rental income
Consultancy	income
Otherincome

Incoming		resou	rces from charitabl	e activities
								Total	Total
								2023	2022
								E	E
Exhibitions Talent &Professional Development,				including					63,559
Talks, Podcasts			&Showcase Events					5,000	69,886
								5,000	133,445
Included	within		income relating to	Exhibitions	are the following:
Re-Imagine		Europe							63,559
									63,559
Included	within		income relating to	Talent &Professional		Development	including	Talks, Podcasts	and
Showcase		Events are the following:
The Future		ofthe High Street
Arts DRIVA
Brighton	Digital		Festival						69,886
									69,886

Total resources expended	Total resources expended	Total resources expended
										Total	Total
						Staff costs		Depreciation	Other costs	2023	2022
							E	E	E	E	E
Cost of raising funds
Costs ofgenerating	voluntary		income			87,779			23,352	111,131	100,237
Room hire, catering		and bar	expenses				5,295		18,273	23,569	18,936
Building management costs Costs ofgenerating consultancy				income		46,107 11,105			114,888 1,726	160,996 12,832	115,291 9,282
Total						150,287			158,239	308,529	243,746
Charitable activities
Exhibitions
Activities undertaken		directly									111,006
Support costs											9,350
Total											120,356
Education Learnin	&Partici		ation
Activities undertaken		directly									2,292
Total
											2,292
Talent & Professional		Develo	ment		includin	Talks	Podcasts	&Showcase	events
Activities undertaken		directly				64,302			10,661	74,964	107,454
Support costs									941	941	10,281
Total						64,302			11,602	75,905	117,734
Other
Activities undertaken		directly						18,137		18,137	18,137
Total								18,137		18,137	18,137
Total charitable activities						64,302		18,137	11,602	94,041	258,519
Governance costs										4,900	4,900
						214,590		18,137	169,842	407,470	507,165

Depreciation	rates	0.8%	20.0%	20.0%	25.0%	20.0%
		long
			ONce		Technical	Bar
		leasehold		Furniture			Total
Tangible fixed Assets		Property	Equipment		Equipment	Equipment
		E		E	E	E	E
Cost
As at 1stApril	2022	1,883,122	146,838	20,309	57,403	3,590	2,111,263
Additions
As at 31st March 2023		1,883,122	146,838	20,309	57,403	3590	2111263
Depreciation
As at 1stApril	2022	233,975	146,837	20,308	50,306	3,589	455,015
Charge less disposal for Year		15,065			3,071	-	18,136
As at 31st March 2023		249,040	146,837	20,308	53,378	3,589	473,151
Net book value at31stMarch 2023		1,634,082	1	1	4,026	2	1,638,112
Net book value	at 31stMarch 2022	1,649,147	1	1	7,097	2	1,656,248

Note 10
Debtors						2023	2022
						E	E
Trade debtors						13,085	3,680
Other debtors
Accrued Income						4,500	2,457
Prepayments						6,262	6,188
Total						23,848	12,325
Note 11
Creditors - Amounts	Falling Due Within 1Year					2023	2022
						E	E
Trade creditors						8,439	5,150
Tenants deposit monies						27,863	26,821
Deferred Income						22,500	6,446
Taxes and social security costs						14,880	12,376
Accruals						7,630	9,450
Total						81,312	60,243
Note 12
The company is limited	by guarantee	and does not		have a share	capital. The liability ofthe members
is limited to E1each in	the event ofthe company		being wound		up.
Note 13
Analysis ofnet assets	between funds
					Unrestricted	Restricted
							Total
					funds	funds
					E	E
Fund Balances at 31st	March 2023are represented			by:
Tangible fixed assets					1,638,112		1,638,112
Current assets					309,880	514	310,394
Creditors: amounts falling due within		one year			(81,312)		(81,312)
					1,866,680	514	1,867,194