| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 9 |
| Report ofthe Independent Auditors |
10 | to | 13 |
| Statement ofFinancial Activities | 14 | ||
| Balance Sheet | |||
| Cash Flow Statement | 16 | ||
| Notes to the Cash Flow Statement | 17 | ||
| Notes to the Financial Statements | 18 | to | 28 |
| Detailed Statement ofFinancial Activities | 29 | to | 30 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | I | |||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 203,833 | 203,833 | 204,654 | ||
| Charitable activities |
||||||
| Clubs/Live Arts |
850 | 850 | 7,000 | |||
| Film and Digital | 113,038 | 113,038 | 133,365 | |||
| Music and Radio | 7,498 | 7,498 | 55,788 | |||
| Sharing Our Skills | 5,643 | |||||
| Other activities | 28,240 | 28,240 | 11,010 | |||
| Other projects - multi media | 5,911 | 5,911 | ||||
| Investment income |
8 | |||||
| Other income | 20,841 | |||||
| Total | 232,076 | 127,297 | 359,373 | 438,309 | ||
| EXPENDITURE ON | ||||||
| Raising 1'unde |
5,809 | 16,332 | 22,141 | 25,888 | ||
| Charitable activities |
||||||
| Clubs/Live Arts |
23,183 | 716 | 23,899 | 51,783 | ||
| Film and Digital | 20,223 | 107,110 | 127,333 | 118,873 | ||
| Music and Radio | 39,691 | 8,142 | 47,833 | 74,855 | ||
| Sharing Our Skills | 14,191 | 14,191 | 19,069 | |||
| Other activities | 114,830 | 114,830 | 72,615 | |||
| Other projects - multi media | 6,012 | 6,012 | ||||
| Total | 217,927 | 138,312 | 356,239 | 363,083 | ||
| NET INCOME/(EXPENDITURE) | 14,149 | (11,015) | 3,134 | 75,226 | ||
| Transfers between funds | 17 | (805) | 805 | |||
| Net movement in funds |
13,344 | (10,210) | 3,134 | 75,226 | ||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought forward | 109,141 | 14,865 | 124,006 | 48,780 | ||
| TOTAL FUNDS CARRIED FORWARD | 122,485 | 4,655 | 127,140 | 124,006 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | 8 | ||||
| CURRENT ASSETS | |||||
| Debtors | 14 | 1,720 | 1,720 | 1,342 | |
| Cash at bank and in hand | 181,850 | 4,655 | 186,505 | 133,934 | |
| 183,570 | 4,655 | 188,225 | 135,276 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
15 | (61,085) | (61,085) | (11,270) | |
| NET CURRENT ASSETS | 122,485 | 4,655 | 127,140 | 124,006 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 122,485 | 4,655 | 127,140 | 124,006 | |
| NET ASSETS | 122,485 | 4,655 | 127,140 | 124,006 | |
| FUNDS | 17 | ||||
| Unrestricted funds: |
|||||
| General fund | 122,485 | 109,141 | |||
| Restricted funds | 4,655 | 14,865 | |||
| TOTAL FUNDS | 127,140 | 124,006 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| Cash flows from operating | activities | |||||
| Cash genemted from operations |
52,568 | 48,325 | ||||
| Net cash provided by operating | activities | 52,568 | 48,325 | |||
| Cash flows from investing | activities | |||||
| Interest received | ||||||
| Net cash pmvided by investing | activities | |||||
| Change in cash and cash equivalents | in | |||||
| the reporting period |
52,571 | 48,333 | ||||
| Cash and cash equivalents | at | the | ||||
| beginning ofthe reporting | period | 133,934 | 85,601 | |||
| Cash and cash equivalents | at | the end | of | |||
| the reporting period |
186,505 | 133,934 |
| RECONCILIATION | RECONCILIATION | OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES | OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES | OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES | OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES | |
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Net income for the | reporting | period (asper the Statement ofFinancial | ||||
| Activities) | 3,134 | 75,226 | ||||
| Adjustments for: |
||||||
| Depreciation charges |
223 | |||||
| Interest received | (3) | (8) | ||||
| Decrease in stocks | 613 | |||||
| (Increase)/decrease | in | debtors | (378) | 332 | ||
| Increase/(decrease) | in creditors | 49,815 | (28,061) | |||
| Net cash provided | by operations | 52,568 | 48,325 | |||
| 2. | ANALYSIS OF CHANGES | IN NET FUNDS | ||||
| At 1/4/21 | Cash flow | At 31/3/22 | ||||
| Net cash | ||||||
| Cash at bank and in hand | 133,934 | 52,571 | 186,505 | |||
| 133,934 | 52,571 | 186,505 | ||||
| Total | 133,934 | 52,571 | 186,505 |
| Otfice equipment | 3years straight line |
|---|---|
| Computer equipment |
3 years straight line |
| 2022 | 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Donations | 2,711 | 3,532 | ||||||||
| Grants | 201,122 | 201,122 | ||||||||
| 203,833 | 204,654 | |||||||||
| Grants received, | included | in | the | above, are | as follows: | |||||
| 2022f | 2021 | |||||||||
| Arts Council England | - National | Portfolio Organisation | 201,122 | 201,122 | ||||||
| 3. | INVESTMENT | INCOME | ||||||||
| 2022f | 2021 | |||||||||
| Deposit account | interest | 3 | 8 | |||||||
| INCOME FROM CHARITABLE ACTIVITIES | ||||||||||
| 2022 | 2021 | |||||||||
| Activity | ||||||||||
| Grants | Clubs/Live | Arts | 850 | 7,000 | ||||||
| Earned iucome | 'Film and Digital | 12,350 | ||||||||
| Grants | Film and Digital | 113,038 | 121,015 | |||||||
| Earned income | Music and | Radio | 6,998 | 1,978 | ||||||
| Grants | Music and | Radio | 500 | 53,810 | ||||||
| Grants | Sharing Our Skills | 5,643 | ||||||||
| Earned income | Other activities | 28,240 | 5,560 | |||||||
| Grants | Other activities | 5,450 | ||||||||
| Grants | Other projects - multi media | 5,911 | ||||||||
| 155,537 | 212,806 | |||||||||
| Grants received, | included | in | the | above, are | as follows: | |||||
| 2022 | 2021 | |||||||||
| The Chalk Cliff | Trust | 4,000 | ||||||||
| SirJules Thorn Charitable | Trust | 1,400 | ||||||||
| RTRFoundation | 5,920 | |||||||||
| Sussex Community | Foundation | 4,990 | ||||||||
| The Charlotte Marshall | Charitable Trust |
411 | ||||||||
| MacAndrew Sussex Trust |
700 | |||||||||
| The Donald Forrester | Trust | 1,500 | ||||||||
| Ernest Kleinwort | Charitable | Trust | 3,000 | |||||||
| Souter Charitable | Trust | 1,500 | ||||||||
| Youth Music | 26,980 | |||||||||
| Ian Askew Charitable | Trust | 500 | ||||||||
| Carried forward | 6,411 | 44,490 |
| INCOME FROM CHARIT | ABLE ACTIVITIES - continued | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Brought forward | 6,411 | 44,490 | |
| Jessie's Fund | 2,400 | ||
| Roedean Mission Fund | 600 | ||
| Barchester's Charitable Foundation |
1,500 | ||
| The Boris Karloff Charitable | Foundation | 750 | |
| Friarsgate Trust | 750 | ||
| Marsh Charitable Trust |
450 | 400 | |
| The D'Oyly Carte Charitable | Trust | 3,500 | |
| The Margaret Dobson Further | Education Trust | 4,500 | |
| The Casey Trust | 2,000 | ||
| Global Make Some Noise | 44,880 | ||
| The Fitton Trust | 300 | ||
| British Film Institute | 102,200 | 77,800 | |
| The Ashley Family Foundation | 4,993 | ||
| Noel Coward Foundation | 2,300 | ||
| Chapman Charitable Trust |
1,000 | ||
| Alliance Family Foundation | 250 | ||
| Other Grants | 3,955 | ||
| The Kobler Trust | 300 | ||
| The Hilden Charitable Fund |
3,000 | ||
| Skipton CFoundation | 890 | ||
| South Down National Park Trust | 1,880 | ||
| The Harris Family Charitable | Trust | 100 | |
| British Humane Association |
1,600 | ||
| Rachel Charitable Trust |
18 | ||
| 120,299 | 192,918 |
| Sir Jules Thorn Charitable | Trust | Trust | Trust | 1,500 |
|---|---|---|---|---|
| Ernest Kleinwort Charitable |
Trust | 2,200 | ||
| The Ashley Family Foundation | 1,950 | |||
| Edward Gostling Foundation | 2,000 | |||
| Souter Charitable Trust |
1,500 | |||
| Childwick Trust |
7,000 | |||
| Backstage Trust | 6,680 | |||
| Youth Music | 13,574 | |||
| Oleg Prokoviev Trust | 4,800 | |||
| Prince ofWales Trust | 1,000 | |||
| MacAndrew Sussex Trust |
350 | |||
| Friarsgate Trust | 750 | |||
| Mrs A Lacy Tate Trust | 500 | |||
| Charlotte Marshall Charitable |
Trust | 565 | ||
| Total | 44,369 |
| Raising donations | Raising donations | and legacies | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Fundraising | costs | 22,141 | 25,888 | ||
| CHARITABLE ACTIVITIES COSTS | |||||
| Direct | Support | ||||
| Costs (see | costs (see | ||||
| note 7) | note 8) | Totals | |||
| 6 | |||||
| Clubs/Live | Arts | 23,899 | 23,899 | ||
| Pilm and Digital | 127,333 | 127,333 | |||
| Music and | Radio | 47,833 | 47,833 | ||
| Sharing Our Skills | 14,191 | 14,191 | |||
| Other activities | 67,127 | 47,703 | 114,830 | ||
| Other projects - multi media | 6,012 | 6,012 | |||
| 286,395 | 47,703 | 334,098 | |||
| DIRECT | COSTSOFCHARITABLE ACTIVITIES | ||||
| 2022 | 2021 | ||||
| 6 | |||||
| Staffcosts | 233,757 | 215,695 | |||
| Equipment | hire | 2,804 | 23,511 | ||
| Rent | 30,999 | 19,283 | |||
| Staff and volunteer | exps | 1,365 | 975 | ||
| Travel and | accommodation | 3,783 | 613 | ||
| Printing postage dt | stationery | 2,085 | 2,601 | ||
| Resources | dr consumables | 4,444 | 14,575 | ||
| Insurance | 1,553 | 1,916 | |||
| Telephone | dr internet | 1,230 | 1,459 | ||
| Cleaning | 3,228 | 3,863 | |||
| Bank charges | 648 | 101 | |||
| Miscellaneous exps |
499 | 3,808 | |||
| Depreciation | 223 | ||||
| 286,395 | 288,623 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Other | Total | |||
| activities | activities | |||
| Auditors' remuneration |
4,800 | 4,800 | ||
| Bookkeeping | 4,589 | 4,654 | ||
| Management | time | 32,229 | 39,118 | |
| Other governance | charges | 6,085 | ||
| 47,703 | 48,572 |
| 2022 | 2021 | ||
|---|---|---|---|
| 8 | |||
| Auditors' | remuneration | 4,800 | 4,800 |
| Bookkeeping | 4,589 | 4,654 | |
| Depreciation - owned assets | 223 | ||
| Operating | lease rentals - Land and Buildings | 23,923 | 22,296' |
| STAFFCOSTS | |||||
|---|---|---|---|---|---|
| Staffcosts during the | year were | as follows: | |||
| 2022 | 2021 | ||||
| Wages aod salaries | 179,597 | 178,764 | |||
| Social security costs | 11,742 | 12,291 | |||
| Pension costs | 5063 | 54859 | |||
| 196402 | 195914 | ||||
| The average monthly | headcount | was 8(Full time equivalents | 8). |
| management personnel (including employer's national insurance contributions) were f |
management personnel (including employer's national insurance contributions) were f |
,110,949 (2021 | f114,627). |
|---|---|---|---|
| COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES | |||
| Unrestricted | Restricted | Total | |
| fund | funds | funds | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies |
151,654 | 53,000 | 204,654 |
| Charitable activities |
|||
| Clubs/Live Arts |
7,000 | 7,000 | |
| Film and Digital | 2,000 | 131,365 | 133,365 |
| Music and Radio | 1,818 | 53,970 | 55,788 |
| Sharing Our Skills | 5,643 | 5,643 | |
| Other activities | 11,010 | 11,010 | |
| Investment income |
8 | 8 | |
| Other income | 20,841 | 20,841 | |
| Total | 187,331 | 250,978 | 438,309 |
| EXPENDITURE ON | |||
| Raising funds | 25,888 | 25,888 | |
| Charitable activities |
|||
| Clubs/Live Arts |
51,783 | 51,783 | |
| Film and Digital | 57 | 118,816 | 118,873 |
| Music and Radio | 2,000 | 72,855 | 74,855 |
| Sharing Our Slulls | 19,069 | 19,069 | |
| Other activities | 72,615 | 72,615 | |
| Total | 100,560 | 262,523 | 363,083 |
| NET INCOME/(EXPENDITURE) | 86,771 | (11,545) | 75,226 |
| Transfers between funds | (17,564) | 17,564 | |
| Net movement in funds |
69,207 | 6,019 | 75,226 |
| 12. | COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued | COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued | COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued | COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued | |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| I | 6 | I | |||
| RECONCILIATION | OFFUNDS | ||||
| Total funds brought forward | 39,934 | 8,846 | 48,780 | ||
| TOTAL FUNDS CARRIED FORWARD | 109,141 | 14,865 | 124,006 | ||
| 13. | TANGIBLE FIXEDASSETS | ||||
| Office | Computer | ||||
| equipment | equipment | Totals I |
|||
| COST | |||||
| At 1 April 2021 and 31March 2022 | 13,982 | 20,507 | 34,489 | ||
| DEPRECIATION | |||||
| At 1 April 2021 and 31 March 2022 | 13,982 | 20,507 | 34,489 | ||
| NET BOOK VALUE | |||||
| At31March 2022 | |||||
| At 31March 2021 | |||||
| 14. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2022 | 2021 | ||||
| 6 | |||||
| Trade debtors | 700 | ||||
| Other debtors | 322 | ||||
| Prepayments | 1,020 | 1,020 | |||
| 1,720 | 1,342 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN | ONE YEAR | |
|---|---|---|
| 2022 | 2021 | |
| Trade creditors | 2,305 | 2,225 |
| Social security and other taxes | 2,395 | 3,946 |
| Other creditors | 3,916 | 299 |
| Accruals and deferred income |
44,369 | 4,800 |
| Funding in advance |
8,100 | |
| 61,085 | 11,270 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| 8 | ||||
| Within | one | year | 22,300 | 22,296 |
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net | Transfers | |||
| movement | between | At | ||
| At 1/4/21 | in funds | funds | 31/3/22 | |
| 6 | ||||
| Unrestricted funds |
||||
| General fund | 109,141 | 14,149 | (805) | 122,485 |
| Restricted funds | ||||
| Clubs/Live Arts |
133 | 133 | ||
| Film and Digital | 14,865 | (10,343) | 4,522 | |
| Music and Radio | (694) | 694 | ||
| Other Projects - multimedia | (111) | 111 | ||
| 14,865 | (11,015) | 805 | 4,655 | |
| TOTAL FUNDS | 124,006 | 3,134 | 127,140 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 232,076 | (217,927) | 14,149 |
| Restricted funds | |||
| Clubs/Live Arts |
850 | (717) | 133 |
| Film and Digital | 113,038 | (123,381) | (10,343) |
| Music and Radio | 7,498 | (8,192) | (694) |
| Other Projects - multimedia | 5,911 | (6,022) | (111) |
| 127,297 | (138,312) | (11,015) | |
| TOTALFUNDS | 359,373 | (356,239) | 3,134 |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At I/4/20 | in funds | funds | 31/3/21 | |
| f, | ||||
| Unrestricted funds |
||||
| General fund | 39,934 | 86,771 | (17,564) | 109,141 |
| Restricted funds | ||||
| Clubs/Live Arts |
1,978 | (8,783) | 6,805 | |
| Filtn and Digital | 2,315 | 12,550 | 14,865 | |
| Music and Radio | 2,692 | (11,886) | 9,194 | |
| Sharing Our Skills | 1,861 | (3,426) | 1,565 | |
| 8,846 | (11,545) | 17,564 | 14,865 | |
| TOTAL FUNDS | 48,780 | 75,226 | 124,006 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds f |
|
| Unrestricted funds |
|||
| General fund | 187,331 | (100,560) | 86,771 |
| Restricted funds | |||
| Clubs/Live Arts |
43,000 | (51,783) | (8,783) |
| Film and Digital | 131,365 | (118,815) | 12,550 |
| Music and Radio | 60,970 | (72,856) | (11,886) |
| Sharing Our Skills | 15,643 | (19,069) | (3,426) |
| 250,978 | (262,523) | (11,545) | |
| TOTAL FUNDS | 438,309 | (363,083) | 75,226 |
| 2022 | 2021 | ||
|---|---|---|---|
| f. | |||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | 2,711 | 3,532 | |
| Grants | 201,122 | 201,122 | |
| 203,833 | 204,654 | ||
| Investment income |
|||
| Deposit account interest | |||
| Charitable activities |
|||
| Earned income |
35,238 | 19,888 | |
| Grants | 120,299 | 192,918 | |
| 155,537 | 212,806 | ||
| Other income | |||
| Furlough grant |
20,841 | ||
| Total incoming resources | 359,373 | 438,309 | |
| Raising donations | and legacies | ||
| Fundraising costs |
22,141 | 25,888 | |
| Charitable activities |
|||
| Staff costs | 233,757 | 215,695 | |
| Equipment hire |
2,804 | 23,511 | |
| Rent | 30,999 | 19,283 | |
| Staffand volunteer | exps | 1,365 | 975 |
| Travel and accommodation | 3,783 | 613 | |
| Printing postage & | stationery | 2,085 | 2,601 |
| Resources &consumables | 4,444 | 14,575 | |
| Insurance | 1,553 | 1,916 | |
| Telephone &.internet | 1,230 | 1,459 | |
| Cleaning | 3,228 | 3,863 | |
| Bank charges | 101 | ||
| Miscellaneous exps |
499 | 3,808 | |
| Depreciation fixtures dc fittings |
223 | ||
| 286,395 | 288,623 | ||
| Support costs | |||
| Goveraance costs |
|||
| Auditors' remuneration |
4,800 | 4,800 | |
| Carried forward | 4,800 | 4,800 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| f. | ||||
| Governance | costs | |||
| Bmught forward | 4,800 | 4,800 | ||
| Bookkeeping | 4,589 | 4,654 | ||
| Management | time | 32,229 | 39,118 | |
| Other governance | charges | 6,085 | ||
| 47,703 | 48,572 | |||
| Total resources | expended | 356;239 | 363,083 | |
| Net income | 3,134 | 75,226 |