| Page | Page | ||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 9 |
| Report ofthe Independent Auditors |
10 | to | 13 |
| Statement ofFinancial Activities | 14 | ||
| Balance Sheet | 15 | ||
| Cash Flow Statement | 16 | ||
| Notes to the Cash Flow Statement | 17 | ||
| Notes to the Financial Statements | 18 | to | 28 |
| Detailed Statement of Financial Activities | 29 | to | 30 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | funds | funds | funds | ||||
| Notes | |||||||
| INCOME AND ENDOWMENTS FROM | |||||||
| Donations and legacies |
74,699 | 131,759 | 206,458 | 203,833 | |||
| Charitable activities |
|||||||
| Clubs/Live Arts |
21,801 | 21,801 | 850 | ||||
| Film and Digital Music and Radio |
96,504 43,526 |
96,504 43,526 |
113,038 7,498 |
||||
| Other activities | 37,464 | 37,464 | 28,240 | ||||
| Other projects - multi | media | 500 | 500 | 5,911 | |||
| Other trading activities | 1,000 | 1,000 | |||||
| Investment income |
168 | 168 | |||||
| Total | 112,331 | 295,090 | 407,421 | 359,373 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 14,186 | 19,264 | 33,450 | 22,141 | |||
| Charitable activities |
|||||||
| Clubs/Live Arts |
40,468 | 40,468 | 23,899 | ||||
| Film and Digital Music and Radio |
139,667 74,171 |
139,667 74,171 |
127,333 47,833 |
||||
| Sharing Our Skills Other activities |
76,440 | 17,162 | 17,162 76,440 |
14,191 114,830 |
|||
| Other projects - multi | media | 9,188 | 9,188 | 6,012 | |||
| Total | 90,626 | 299,920 | 390,546 | 356,239 | |||
| NET INCOME/(EXPENDITURE) | 21,705 | (4,830) | 16,875 | 3,134 | |||
| Transfers between | funds | 18 | (2,567) | 2,567 | |||
| Net movement in funds |
19,138 | (2,263) | 16,875 | 3,134 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 122,485 | 4,655 | 127,140 | 124,006 | ||
| TOTAL FUNDS CARRIED FORWARD | 141,623 | 2,392 | 144,015 | 127,140 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 14 | 1,008 | 1,008 | ||
| CURRENT ASSETS | |||||
| Debtors | 15 | 21,760 | 21,760 | 1,720 | |
| Cash at bank and in hand | 145,127 | 2,392 | 147,519 | 186,505 | |
| 166,887 | 2,392 | 169,279 | 188,225 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
16 | (26472) | (26,272) | (61,085) | |
| NET CURRENT ASSETS | 140,615 | 2,392 | 143,007 | 127,140 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 141,623 | 2,392 | 144,015 | 127,140 | |
| NET ASSETS | 141,623 | 2,392 | 144,015 | 127,140 | |
| FUNDS | 18 | ||||
| Unrestricted funds: |
|||||
| General fund | 141,623 | 122,485 | |||
| Restricted funds | 2,392 | 4,655 | |||
| TOTAL FUNDS | 144,015 | 127,140 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Cash flows from operating | activities | ||||
| Cash generated from operations |
(38,146) | 52,568 | |||
| Net cash (used in)/provided | by operating | activities | (38,146) | 52,568 | |
| Cash flows from investing | activities | ||||
| Purchase oftangible fixed assets | (1,008) | ||||
| Interest received | 168 | ||||
| Net cash (used in)/provided | by investing | activities | (840) | ||
| Change in cash and cash equivalents | in | ||||
| the reporting period |
(38,986) | 52,571 | |||
| Cash and cash equivalents | at the | ||||
| beginning ofthe reporting | period | 186,505 | 133,934 | ||
| Cash and cash equivalents | at the end | of | |||
| the reporting period |
147,519 | 186,505 |
| RECONCILIATION | RECONCILIATION | RECONCILIATION | OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | |
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Net income | for the | reporting | period (as per the Statement ofFinancial | ||||
| Activities) | 16,875 | 3,134 | |||||
| Adjustments | for: | ||||||
| Interest received | (168) | (3) | |||||
| Increase in debtors | (20,040) | (378) | |||||
| (Decrease)/increase | in | creditors | (34,813) | 49,815 | |||
| Net cash (used in)/provided | by operations | (38,146) | 52,568 | ||||
| 2. | ANALYSIS | OFCHANGES | IN NET FUNDS | ||||
| At 1/4/22 | Cash flow | At 31/3/23 | |||||
| Net cash | |||||||
| Cash atbank | and in | hand | 186,505 | (38,986) | 147,519 | ||
| 186,505 | (38,986) | 147,519 | |||||
| Total | 186,505 | (38,986) | 147,519 |
| 2. | DONATIONS AND LEGACIES |
DONATIONS AND LEGACIES |
DONATIONS AND LEGACIES |
DONATIONS AND LEGACIES |
|||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Donations | 5,336 | 2,711 | |||||
| Grants | 201,122 | 201,122 | |||||
| 206,458 | 203,833 | ||||||
| Grants received, included | in the above, are | as follows: | |||||
| 2023 | 2022 | ||||||
| Arts Council England - National | Portfolio Organisation | 201,122 | 201,122 | ||||
| 3. | OTHER TRADING ACTIVITIES | ||||||
| 2023 | 2022 | ||||||
| Sponsorships | 1,000 | ||||||
| 4. | INVESTMENT INCOME | ||||||
| 2023 | 2022 | ||||||
| Deposit account interest | 168 | ||||||
| INCOME FROM CHARITABLE ACTIVITIES | |||||||
| 2023 | 2022 | ||||||
| Activity | |||||||
| Earned income | Clubs/Live | Arts | 5,001 | ||||
| Grants | Clubs/Live | Arts | 16,800 | 850 | |||
| Earned income | Film and Digital | 3,194 | |||||
| Grants | Film and Digital | 93,310 | 113,038 | ||||
| Earned income | Music and Radio | 1,113 | 6,998 | ||||
| Grants | Music and Radio | 42,413 | 500 | ||||
| Earned income | Other activities | 28,764 | 28,240 | ||||
| Grants | Other activities | 8,700 | |||||
| Grants | Other projects - multi media | 500 | 5,911 | ||||
| 199,795 | 155,537 | ||||||
| Grants received, included | in the | above, are as follows: | |||||
| 2023 | 2022 | ||||||
| The Chalk CliffTrust | 4,000 | ||||||
| SirJules Thorn Charitable | Trust | 1,500 | |||||
| Mrs A Lacy-Tate Trust | 500 | ||||||
| Percy Bilton Charity The Charlotte Marshall |
Charitable Trust |
460 565 |
411 | ||||
| Carried forward | 3,025 | 4,411 |
| INCOME FROM CHARIT | ABLE ACTIVITIES -continued | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Brought forward | 3,025 | 4,411 | |
| MacAndrew Sussex Trust |
350 | ||
| The Donald Forrester Trust | 1,500 | ||
| Ernest Kleinwort Charitable |
Trust | 2,200 | |
| The Boshier Hinton Foundation | 1,300 | ||
| Souter Charitable Trust |
1,500 | ||
| Youth Music | 24,433 | ||
| Ian Askew Charitable Trust |
300 | 500 | |
| Jessie's Fund | 2,400 | ||
| The Prince ofWales Trust | 1,000 | ||
| The Boris Karloff Charitable | Foundation | 750 | 750 |
| Friarsgate Trust | 750 | ||
| Marsh Charitable Trust |
500 | 450 | |
| PRS Foundation | 8,600 | ||
| David Solomons Charitable | Trust | 1,000 | |
| Childwick Trust | 7,000 | ||
| Douglas Arter Foundation | 500 | ||
| The Fitton Trust | 500 | 300 | |
| Edward Gostling Foundation | 4,500 | ||
| British Film Institute | 81,600 | 102,200 | |
| The Ashley Family Foundation | 1,950 | ||
| 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 | ||
| The Helen Roll Charity | 1,000 | ||
| Gisela Graham Foundation | 2,000 | ||
| Hay's Travel | 5,485 | ||
| Backstage Trust | 6,680 | ||
| Oleg Prokoviev Trust | 4,800 | ||
| 161,723 | 120,299 |
| Grants received in the year fi'om the following | funders have been held over to be released in 23/24. |
|---|---|
| South Downs National Park Trust | 1,345 |
| Souter Charitable Trust |
2,000 |
| Ernest Kleinwort Charitable Trust |
2,400 |
| MacAndrew Sussex Trust |
350 |
| RAISING FUNDS | ||||
|---|---|---|---|---|
| Raising donations | and legacies | |||
| 2023 | 2022 | |||
| Fundraising costs |
33,450 | 22,141 | ||
| CHARITABLE ACTIVITIES COSTS | ||||
| Direct | Support | |||
| Costs (see | costs (see | |||
| note 8) | note 9) | Totals | ||
| Clubs/Live Arts |
40,468 | 40,468 | ||
| Film and Digital | 139,667 | 139,667 | ||
| Music and Radio | 74,171 | 74,171 | ||
| Sharing Our Skills | 17,162 | 17,162 | ||
| Other activities | 66,297 | 10,143 | 76,440 | |
| Other projects - multi media | 9,188 | 9,188 | ||
| 346,953 | 10,143 | 357,096 | ||
| DIRECT COSTS | OFCHARITABLE ACTIVITIES | |||
| 2023 | 2022 | |||
| Staffcosts | 278,420 | 233,757 | ||
| Equipment hire Rent |
1,497 31,332 |
2,804 30,999 |
||
| Staffand volunteer | exps | 5,862 | 1,365 | |
| Travel and accommodation | 13,050 | 3,783 | ||
| Printing postage &stationery Resources &consumables |
1,409 5,515 |
2,085 4,444 |
||
| Insurance | 4,508 | 1,553 | ||
| Telephone &internet Cleaning Bank charges Miscellaneous exps |
1,028 1,670 582 2,080 |
1,230 3,228 648 499 |
||
| 346,953 | 286,395 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Other | Total | |||
| activities | activities | |||
| Auditors' remuneration |
5,071 | 4,800 | ||
| Bookkeeping | 5,072 | 4,589 | ||
| Management | time | 32,229 | ||
| Other governance | charges | 6,085 | ||
| 10,143 | 47,703 |
| 2023 | 2022 | ||
|---|---|---|---|
| Auditors' | remuneration | 5,071 | 4,800 |
| Bookkeeping | 5,072 | 4,589 | |
| Operating | lease rentals - Land and Buildings | 22,296 | 23,923 |
| 2022 | 2021 | |
|---|---|---|
| Wages and salaries | 203,457 | 179,597 |
| Social security costs | 14,275 | 11,742 |
| Pension costs | 5 549 | 5 063 |
| 223 281 | 196402 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| fund | funds | funds | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies |
203,833 | 203,833 | |
| Charitable activities |
|||
| Clubs/Live Arts |
850 | 850 | |
| Film and Digital | 113,038 | 113,038 | |
| Music and Radio | 7,498 | 7,498 | |
| Other activities | 28,240 | 28,240 | |
| Other projects - multi media | 5,911 | 5,911 | |
| Investment income |
|||
| Total | 232,076 | 127,297 | 359,373 |
| EXPENDITURE ON | |||
| Raising funds | 5,809 | 16,332 | 22,141 |
| Charitable activities |
|||
| Clubs/Live Arts |
23,183 | 716 | 23,899 |
| Film and Digital | 20,223 | 107,110 | 127,333 |
| Music and Radio | 39,691 | 8,142 | 47,833 |
| Sharing Our Skills | 14,191 | 14,191 | |
| Other activities | 114,830 | 114,830 | |
| Other projects - multi media | 6,012 | 6,012 | |
| Total | 217,927 | 138,312 | 356,239 |
| NET INCOME/(EXPENDITURE) | 14,149 | (11,015) | 3,134 |
| Transfers between funds | (805) | 805 | |
| Net movement in funds |
13,344 | (10,210) | 3,134 |
| 13. | COMPARATIVES | FORTHE STATEMENT OFFINANCIAL ACTIVITIES -continued | FORTHE STATEMENT OFFINANCIAL ACTIVITIES -continued | FORTHE STATEMENT OFFINANCIAL ACTIVITIES -continued | FORTHE STATEMENT OFFINANCIAL ACTIVITIES -continued | |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| fund | funds | funds | ||||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought | forward | 109,141 | 14,865 | 124,006 | ||
| TOTAL FUNDS CARRIED FORWARD | 122,485 | 4,655 | 127,140 | |||
| 14. | TANGIBLE FIXEDASSETS | |||||
| Office | Computer | |||||
| 'equipment | equipment | Totals | ||||
| COST | ||||||
| At 1 April 2022 | 13,982 | 20,507 | 34,489 | |||
| Additions | 1,008 | 1,008 | ||||
| At 31March 2023 | 14,990 | 20,507 | 35,497 | |||
| DEPRECIATION | ||||||
| At 1 April 2022 and | 31 | March 2023 | 13,982 | 20,507 | 34,489 | |
| NET BOOKVALUE | ||||||
| At 31March 2023 | 1,008 | 1,008 | ||||
| At 31March 2022 | ||||||
| 15. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 2023 | 2022 | |||||
| Trade debtors | 20,740 | 700 | ||||
| P repayments | 1,020 | 1,020 | ||||
| 21,760 | 1,720 |
| 2023 | 2022 | |
|---|---|---|
| Trade creditors | 452 | 2,305 |
| Social security and other taxes | 4,246 | 2,395 |
| Other creditors | 2,796 | 3,916 |
| Accruals and deferred income | 6,095 | 44,369 |
| Funding in advance |
12,683 | 8,100 |
| 26,272 | 61,085 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Within | one | year | 22,296 | 22,300 |
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net | Transfers | |||
| movement | between | At | ||
| At 1/4/22 | in funds | funds | 31/3/23 | |
| Unrestricted funds |
||||
| General fund | 122,485 | 21,705 | (2,567) | 141,623 |
| Restricted funds | ||||
| Clubs/Live Arts |
133 | (2,374) | 2,241 | |
| Film and Digital | 4,522 | (2,131) | 2,391 | |
| Music and Radio | 1 | 1 | ||
| Sharing Our Skills | (13) | 13 | ||
| Other Projects - multimedia | (313) | 313 | ||
| 4,655 | (4,830) | 2,567 | 2,392 | |
| TOTAL FUNDS | 127,140 | 16,875 | 144,015 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| E | |||
| Unrestricted funds |
|||
| General fund | 112,331 | (90,626) | 21,705 |
| Restricted funds | |||
| Clubs/Live Arts |
39,052 | (41,426) | (2,374) |
| Film and Digital | 155,582 | (157,713) | (2,131) |
| Music and Radio | 74,432 | (74,431) | 1 |
| Sharing Our Skills | 17,149 | (17,162) | (13) |
| Other Projects - multimedia | 8,875 | (9,188) | (313) |
| 295,090 | (299,920) | (4,830) | |
| TOTAL FUNDS | 407,421 | (390,546) | 16,875 |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1/4/21 | in funds | funds | 31/3/22 | |
| 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) | |
| TOTAL FUNDS | 359,373 | (356,239) | 3,134 |
| 2023 | 2022 | ||
|---|---|---|---|
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | 5,336 | 2,711 | |
| Grants | 201,122 | 201,122 | |
| 206,458 | 203,833 | ||
| Other trading activities |
|||
| Sponsorship s | 1,000 | ||
| Investment income |
|||
| Deposit account interest | 168 | ||
| Charitable activities |
|||
| Earned income | 38,072 | 35,238 | |
| Grants | 161,723 | 120,299 | |
| 199,795 | 155,537 | ||
| Total incoming resources | 407,421 | 359,373 | |
| EXPENDITURE | |||
| Raising donations | and legacies | ||
| Fundraising costs |
33,450 | 22,141 | |
| Charitable activities |
|||
| Staffcosts | 278,420 | 233,757 | |
| Equipment hire |
1,497 | 2,804 | |
| Rent | 31,332 | 30,999 | |
| Staffand volunteer | exps | 5,862 | 1,365 |
| Travel and accommodation | 13,050 | 3,783 | |
| Printing postage & | stationery | 1,409 | 2,085 |
| Resources &consumables | 5,515 | 4,444 | |
| Insurance | 4,508 | 1,553 | |
| Telephone &internet | 1,028 | 1,230 | |
| Cleaning | 1,670 | 3,228 | |
| Bank charges | 582 | 648 | |
| Miscellaneous exps |
2,080 | 499 | |
| 346,953 | 286,395 | ||
| Support costs | |||
| Governance costs |
|||
| Auditors' remuneration |
5,071 | 4,800 | |
| Carried forward | 5,071 | 4,800 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Governance | costs | |||
| Brought forward | '5,071 | 4,800 | ||
| Bookkeeping | 5,072 | 4,589 | ||
| Management | time | 32,229 | ||
| Other governance | charges | 6,085 | ||
| 10,143 | 47,703 | |||
| Total resources | expended | .390,546 | 356,239 | |
| Net income | 16,875 | 3,134 |