2022-07-31-accounts - Independent Arts

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			Page
Report ofthe Trustees		1	to	6
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet		9	to	10
Notes to the Financial Statements		11	to	16

					2022	2021
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes
INCOME	AND ENDOWMENTS
Donations	and legacies		108,638	194,459	303,097	376,923
Investment	income		413		413
Total			109,051	194,459	303,510	376,927
EXPENDITURE
Charitable	Activities		137,993	274,520	412,513	300,139
NET INCOME/(EXPENDITURE) Transfers between funds		12	(28,942) 6,027	(80,061) ~6,027)	(109,003)	76,788
Net movement in funds			(22,915)	(86,088)	(109,003)	76,788
RECONCILIATION OF FUNDS
Total funds	brought forward	12	140,273	177,419	317,692	240,904
TOTAL FUNDS CARRIED FORWARD			117,358	91,331	208,689	317,692

	As a	t31July 2022
				2022	2021
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes
FIXEDASSETS
Tangible assets		1,426		1,426	1,516
Investments		65,394		65,394
		66,820		66,820	1,516
CURRENT ASSETS
Stocks	9	350		350	350
Debtors	10	39,382		39,382	5,154
Cash at bank and in hand		58,729	91,331	150,060	392,298
		98,461	91,331	189,792	397,802
CREDITORS
Amounts falling due within one year		(47,923)		(47,923)	(81,626)
NET CURRENT ASSETS		50,538	91,331	141,869	316,176
TOTAL ASSETSLESSCURRENT
LIABILITIES		117,358	91,331	208,689	317,692
NET ASSETS		117,358	91,331	208,689	317,692
FUNDS
Unrestricted funds	12			117,358	140,273
Restricted funds	12			91,331	177,419
TOTAL FUNDS	12			208,689	317,692

				INDEPKNDENTARTS
			Notes	to the Financial Statements	- continued
				for the year ended 31July	2022
2.	INVESTMENT INCOlVIE
						2022	2021
	Deposit account interest					413	4
3.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated after charging/(crediting):
						2022	2021
	Depreciation —tangible	fixed	assets			356	378

No employees received emoluments	No employees received emoluments	in excess off60,000 in either 2022 or 2021.
COMPARATIVES FORTHE STATEIVIENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		fund	fund	funds
INCOME	AND ENDOWMENTS
Donations	and legacies	85,999	290,924	376,923
Investment	income
Total		86,003	290,924	376,927
EXPENDITURE
Charitable	Activities	36,697	263,442	300,139

		for the year ended 31July 2	for the year ended 31July 2	for the year ended 31July 2	022	022
	COMPARATIVES	FORTHE STATEMENT OF FINANCIAL			ACTIVITIES - continued
					Unrestricted	Restricted	Total
					fund	fund	funds
	NET INCOME				49,306	27,482	76,788
	RECONCILIATION		OFFUNDS
	Total funds brought	forward			90,967	149,937	240,904
	TOTAL FUNDS CARRIED FORWARD				140,273	177,419	317,692
7.	TANGIBLE FIXED		ASSETS
							Plant and
							machinery
	COST
	At 1 August 2021						19,066
	Additions						266
	At 31July 2022						19,332
	DEPRECIATION
	At 1 August 2021						17,550
	Charge for year						356
	At 31July 2022						17,906
	NET BOOK VALUE
	At 31July 2022						1,426
	At 31July 2021						1,516
8.	FIXEDASSET INVESTMENTS
							Listed
							investments
	MARKET VALUE
	Additions						65,394
	NET BOOK VALUE
	At 31 July 2022						65,394
	At 31 July 2021
	There were no investment			assets outside the UK (2021 Nil)

9.	STOCKS for t	he year end	ed 31July 20	22
					2022	2021
	Stocks				350	350
10.	DEBTORS:AMOUNTS FALLING DUE WITHIN		ONE YEAR
					2022	2021
	Trade debtors				31,377	1,050
	Other debtors				500
	P repayments				7,505	4,104
					39,382	5,154
11.	CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR
					2022	2021
	Trade creditors				6,389	13,915
	Social security and other taxes				2,045	2,785
	Other creditors				1,418
	Accruals and deferred income				38,071	64,926
					47,923	81,626
12.	MOVEMENT IN FUNDS
				Net	Transfers
				movement	between
		At 1.8.21		in funds	funds	At 31.7.22
	Unrestricted funds
	General fund	140,273		(28,942)	6,027	117,358
	Restricted funds
	Restricted Fund	177,419		(80,061)	(6,027)	91,331
	TOTALFUNDS	317,692		~109,003)		208,689

Net movement in funds, included	Net movement in funds, included	Net movement in funds, included	in the above	are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted funds
General fund				109,051	(137,993)	(28,942)
Restricted funds
Restricted Fund				194,459	(274,520)	(80,061)
TOTAL FUNDS				303,510	(412,513)	(109,003)
Comparatives for movement		in	funds
					Net
					movement
				At 1.8.20	in funds	At 31.7.21
Unrestricted funds
General fund				90,967	49,306	140,273
Restricted funds
Restricted Fund				149,937	27,482	177,419
TOTALFUNDS				240,904	76,788	317,692
Comparative net movement	in	funds, included		in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted funds
General fund				86,003	(36,697)	49,306
Restricted funds
Restricted Fund				290,924	(263,442)	27,482
TOTAL FUNDS				376,927	(300,139)	76,788