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##
|||Page|
|---|---|---|
|Trustees'
Annual
Report||1 —22|
|Directors' Responsibilities||23|
|Independent
Auditors'
Report||24-26|
|Group Statement of Financial|Activities|27-28|
|Balance Sheet for the Group|and Company|29|
|Group Statement ofCash Flows||30|
|Notes to the Accounts||31 —49|
##
|Reference and administrative|Reference and administrative|details|||||
|---|---|---|---|---|---|---|
|Chairman|||Dominic Loehnis|(Chair)|||
|Treasurer|||Heidi Baravalle||||
|Council of Management|and||||||
|Directors ofthe Company|||Heidi Baravalle||||
||||Micaela Boas||||
||||Patrick Holmes||||
||||Sebastian James|(resigned|1st September 2022)||
||||Dominic Loehnis||||
||||Beatrice Lupton||||
||||Elizabeth
McCarthy||||
||||Anthony
Perring|(Chair of Finance 8 Property||Committee)|
||||Tania Rotherwick|(resigned|15th December 2021)||
||||Anna Yang||||
||||Samson
Kambalu|(appointed|23rd February|2022)|
|Director ofthe Gallery|||Paul Hobson||||
|Registered Office|||30 Pembroke
Street||||
||||Oxford||||
||||OX1 1BP||||
|Advisers|||||||
|Bankers|||Barclays Bank pic||||
||||PO Box333||||
||||Oxford||||
||||OX1 3HS||||
|Auditors|||Wenn Townsend||||
||||30St Giles'||||
||||Oxford||||
||||OX1 3LE||||
|Solicitors|||HMG Law||||
||||126 High Street||||
||||Oxford||||
||||OX1 4DG||||
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|||||||Restricted|Unrestricted|Total|Restricted|Unrestricted|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Note||Funds|Funds|Funds|Funds|Funds|Funds|
|||||||2022|2022|2022|2021|2021|2021|
|||||||F||||f||
|Income and endowments|||from:|||||||||
|Voluntary
Income|||||2|178,253|1,211,115|1,389,368|283,726|1,205,470|1,489,196|
|Activities for generating|funds:|||||||||||
|—Income from Cafe MOMA|||Ltd||3|||||||
|-Gallery income including|||Shop,|||||||||
|Art Sales, Gallery
Hire|&|MAO Cafe|||4||391,504|391,504||92,698|92,698|
|Other income|||||5||20,221|20,221||163,970|163,970|
|Investment
income|||||||441|441||1,188|1,188|
|Total income and endowments||||||178,253|1,623,281|1,801,534|283,726|1,463,326|1,747,052|
|Expenditure
on:||||||||||||
|Raising funds||||||||||||
|- Development
and Private Views
-Shop, Art Sales, Hires & Cafe|||||6
6|5,344
9716|174,468
247,365|179,812
257,081|5,580
9,638|163,979
197,924|169,559
207,562|
|Charitable
activities|||||6|236,116|1,040,776|1,276,892|219,759|845,070|1,064,829|
|Other||||||||||||
|-Cafe MOMA expenses|||||||60|60||54|54|
|Total expenditure||||||251,176|1,462,669|1,713,845|234,977|1,207,027|1,442,004|
|Net income/(expenditure)||for the year||||(72,923)|160,612|87,689|48,749|256,299|305,048|
|Gross transfers
between|funds|||||||||||
|Net movement
in funds||||||(72,923)|160,612|87,689|48,749|256,299|305,048|
|Reconciliation
offunds:||||||||||||
|Total funds brought
forward||||||1,161,795|138,614|1,300,409|1,113,046|(117,685)|995,361|
|Total funds carried forward||||||1,088,872|299,226|1,388,098|1,161,795|138,614|1,300,409|
|Illustrative
note only —see||notes for||furtherinformation||||||||
|Excluding
deficit on pension|||reserve|||1,088,872|716,237|1,805,109|1,161,795|664,712|1,826,507|
##
##
##
|ith further
infor|mation|in note 19:-|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Donated|||||||
|||||artworks||Projects to|||||
||||NBV of|and print||be|||||
||||unfunded|editions|for|completed||Cafe||Total|
|||Unrestricted|fixed assets|resale||in|2022/23|MOMA|Pension|unrestricted|
|Total income||1,596,207||27,074||||||1,623,281|
|Total expenditure||(1,463,196)|(26,086)||(238)|||(60)|26,911|(1,462,669)|
|Transfer - pension
deficit payments||(82,176)|||||||82,176||
|Transfer - projects to|||||||||||
|be completed
in||(38,220)|||||38,220||||
|2022/23|||||||||||
|Transfer - capital|||||||||||
|purchases
from|free|(11,048)|11,048||||||||
|reserves|||||||||||
|Net movement
transfers|after|1,567|(15,038)|26,836|||38,220|(60)|109,087|160,612|
##
|||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|---|
||||Notes|2022|2021|2022|2021|
|||||E|F|E|E|
|Fixed assets||||||||
|Intangible
assets|||9|47,710|14,444|47,710|14,444|
|Tangible assets|||10|1,127,075|1,081,967|1,127,075|1,081,967|
|Investments|||11|-|-|100|100|
|||||1,174,785|1,096,411|1,174,885|1,096,511|
|Current assets||||||||
|Stocks|||12|111,901|80,059|111,901|80,059|
|Debtors|||13|332,063|262,292|332,063|262,292|
|Investments|||14|296,026|434,605|296,026|434,605|
|Cash at bank|and|in hand||39,615|50,287|38,328|48,940|
|||||779,605|827,243|778,318|825,896|
|Current
iiabilities||||||||
|Creditors due|within one year||15|(149,281)|(97,147)|(149,281)|(97,147)|
|Net current assets||||630,324|730,096|629,037|728,749|
|Total assets|less|current liabilities||1,805,109|1,826,507|1,803,922|1,825,260|
|Provisions|||16|(417,011)|(526,098)|(417,011)|(526,098)|
|Total assets|less|liabilities||1,388,098|1,300,409|1,386,911|1,299,162|
|Represented|by:|||||||
|Unrestricted
funds|||19a)|716,237|664,712|715,050|663,465|
|Pension reserve|||19a)|(417,011)|(526,098)|(417,011)|(526,098)|
|Restricted
funds|||19b)|1,088,872|1,161,795|1,088,872|1,161,795|
|Total charity|funds|||1,388,098|1,300,409|1,386,911|1,299,162|
##
##
|||Note|2022||2021||
|---|---|---|---|---|---|---|
|Net cash flow from operating
activities||23||3,350||252,953|
|Cash flows from investing
activities:|||||||
|Interest and dividends|||441||1,188||
|Purchase
offixed assets|||||||
|(including
capital project costs)|||(153,042)||(47,421)||
|Proceeds from / (purchase
of) investments|||138,579||(187,280)||
|Net cash flow from investing
activities||||(14,022)||(233,513)|
|Change
in cash and cash equivalents|in the|year||(10,672)||19,440|
|Cash and cash equivalents
brought forward||||50,287||30,847|
|Cash and cash equivalents
carried forward||||39,615||50,287|
##
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##
##
##
|DONATIONS||||||
|---|---|---|---|---|---|
|||Restricted|Unrestricted|2022|2021|
|||E||E|F|
|Arts Council England|—Core grant||879,497|879,497|879,497|
|Oxford City Council|||70,000|70,000|70,000|
|Arts Council England|- CVAN Project Manager|29,269||29,269|29,269|
|Arts Council England|- Culture
Recovery Fund|45,000||45,000|91,000|
|Oxford City Council|- Business Recovery Grants|8,250|34,750|43,000|22,285|
|Oxford City Council|—Kickstait Scheme|20,438||20,438||
|Corporate
Giving|||27,500|27,500|39,500|
|Trusts and Foundations||28,500|10,000|38,500|164,957|
|Individual
Giving Schemes and Gift Aid|||178,082|178,082|180,058|
|Other Individual
Giving|Donations|16,046|11,286|27,332|5,630|
|Donated for Exhibitions|and Publications|30,750||30,750|7,000|
|||178,253|1,211,115|1,389,368|1,489,196|
##
|purpose. Subs|equent
to this transfer of activities,|equent
to this transfer of activities,|Cafe MOMA Li|mited has|been dormant.||
|---|---|---|---|---|---|---|
|The profit and|loss account ofthe Cafe as shown||in the published|accounts|is as follows:||
||||||2022|2021|
||||||K|E|
|Turnover|||||||
|Administrative|expenses||||(60)|(54)|
|Profit for year|||||(60)|(54)|
|Distribution
to|parent|charity|||||
|Retained
profit/(loss)||for the year|||(60)|(54)|
|Balance sheet|||||||
|Current assets|||||1,287|1,347|
|Net assets|||||1,287|1,347|
|Share capital|||||100|100|
|Profit and loss|account||||1,187|1,247|
|Shareholders'|funds||||1,287|1,347|
|Current
liabilities
include|Current
liabilities
include|an amount|due|to|the parent company,|the parent company,|the parent company,|the parent company,|Museuin|Museuin|of Modern Art Limited ofanil|of Modern Art Limited ofanil|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|(2021: anil), which|is eliminated
on||consolidation|||in the Group|||accounts.||Since the year|end, Fnil
in|
|relation
to 2021/22|was|paid to Museum|||of Modern||Art|Limited||(2021: anil
in relation||to 2020/21|
|profits).|||||||||||||
|GALLERY INCOME|||||||||||2022f|2021
E|
|Income|||||||||||||
|Shop income|Merchandise,||gifts, books||||||||52,891|9,748|
||Limited editions||||||||||3,907|2,135|
||Catalogue sales||||||||||1,160|1,693|
|MAO cafe Income|||||||||||38,514|242|
|Venue hire|||||||||||3,030||
|Sales and donations|received ofartwork|||and commission|||||||93,205|12,250|
|Exhibition
ticket income|||||||||||58,627||
|Exhibition tax credits|||||||||||102,973|60,112|
|Other income|||||||||||37,197|6,518|
|Total other activities|||||||||||391,504|92,698|
##
##
|ANALYSIS|ANALYSIS|OF EXPENDITURE|OF EXPENDITURE|OF EXPENDITURE||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||Cost of raising||funds||Charitable|Governance|Support|2022|2021|
||||||Shop, Art||Activities|Costs|Costs|Total|Total|
||||Development||Sales,|||||||
||||&Private|Gallery||Hire||||||
||||Views|&|MAO|Cafe||||||
|||||||||E||||
|Staff costs (Note|7)||108,292||118,672||534,241||178,051|939,256|915,656|
|Direct costs||||||||||||
|Development
costs|||9,483|||||||9,483|7,368|
|Private view functions|||16,969|||||||16,969|960|
|Shop cost ofsales|||||31,814|||||31,814|8,716|
|Art sales costs||||||6,392||||6,392|3,854|
|Gallery
hire costs||||||232||||232||
|MAO cafe costs|||||18,029|||||18,029|2,174|
|Programme:||||||||||||
|Exhibitions|||||||320,794|||320,794|148,377|
|Education
and events|||||||56,318|||56,318|54,314|
|Digital|||||||17,512|||17,512|12,232|
|Grants payable|||||||33,589|||33,589|29,269|
|Covid-19 mitigation||costs|||||31,737|||31,737|13,150|
|Capital project preparations||||||||||||
||||26,452||56,467||459,950|||542,869|280,414|
|Support costs||||||||||||
|Finance,
HR & IT|||||||||68,719|68,719|39,448|
|Premises|||||||||156,332|156,332|131,525|
|Postage, stationery||& sundry|||||||9,013|9,013|6,973|
|Depreciation|||||||||16,286|16,286|9,855|
|Pension finance charge|||||||||(26,911)|(26,911)|49,058|
|Irrecoverable
VAT|||||||||1,020|1,020|2,525|
|Governance||||||||7,201||7,201|6,496|
||||134,744||175,139||994,191|7,201|402,510|1,713,785|1,441,950|
|Support costs|||44,276||80,502||277,732||(402,510)|||
|Governance
costs|||792|||1,440|4,969|(7,201)||||
|Total Company||||||||||||
|expenditure
2022|||179,812||257,081||1,276,892|||1,713,785|1,441,950|
|Cafe MOMA Limited||||||60||||60|54|
|Total Group||||||||||||
|expenditure
2022|||179,812||257,141||1,276,892|||1,713,845|1,442,004|
|Total expenditure|2021||169,559||207,616||1,064,829|||1,442,004||
##
##
##
##
|AND T|HE COST OF|K|EY MAN|AGEMENT
PERSONNEL|||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||E||
|Wages|and salaries||||859,054|825,443|
|Socia!security costs|||||54,625|67,079|
|Pension|contributions|—defined||contribution|25,577|23,134|
||||||939,256|915,656|
|Defined|benefit pension||finance|charge (note 18)|(26,911)|49,058|
||||||912,345|964,714|
|The average
monthly
number ofemployees
in|the group during
the year was made up as|follows:|
|---|---|---|
||No.|No.|
|Charitable|17|17|
|Raising funds|7|7|
|Support|5|4|
||29|28|
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||F|F|
|Is stated|after charging:|||||
|Auditor's|remuneration|- audit||6,375|6,335|
|Auditor's|remuneration|- accountancy|services|18,410||
|Auditor's|remuneration|- tax||800|500|
|Rent||||70,000|70,000|
|Depreciation||||74,668|60,581|
##
##
##
||Website|Total|
|---|---|---|
|Cost or valuation:|||
|At 1 April 2021|14,444|14,444|
|Additions|35,966|35,966|
|At 31 March 2022|50,410|50,410|
|Amortisation:|||
|At 1 April 2021|||
|Additions|2,700|2,700|
|At 31 March 2022|2,700|2,700|
|Net book value:|||
|At 31 March 2022|47,710|47,710|
|At 31 March 2021|14,444|14,444|
##
##
||Long lease|Refurbishment|Office|Assets||
|---|---|---|---|---|---|
||and building|fixtures and|equipment|under|Group|
||improvements|equipment|and furniture
E|Construction|totalf|
|Cost or valuation:||||||
|At 1 April 2021|2,201,583|43,894|188,517|16,909|2,450,903|
|Additions|||16,341|100,735|117,076|
|Transfers|117,644|||(117,644)||
|At 31 March 2022|2,319,227|43,894|204,858||2,567,979|
|Depreciation:||||||
|At 1 April 2021|1,163,447|43,894|161,595||1,368,936|
|Charge for year|58,382||13,586||71,968|
|At 31 March 2022|1,221,829|43,894|175,181||1,440,904|
|Net book value:||||||
|At 31 March 2022|1,097,398||29,677||1,127,075|
|At 31 March 2021|1,038,136||26,922|16,909|1,081,967|
##
||||2022|2021|
|---|---|---|---|---|
||||E||
|General fund:|||||
|100F1 ordinary|shares|in|||
|Cafe MOMA Limited at||cost (note 3)|100|100|
|Total investments|ofthe Museum||100|100|
|12|STOCKS|||Group|Company||
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
||||f.|F|E|E|
||Shop merchandise||21,232|16,226|21,232|16,226|
||Donated|print editions|20,851|21,089|20,851|21,089|
||Donated|artworks|69,818|42,744|69,818|42,744|
||Cafe||||||
||||111,901|80,059|111,901|80,059|
|13|DEBTORS||Group|Company|Company|
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||E|f.||F|
||Trade debtors|12,379|25,102|12,379|25,102|
||VAT|10,868|9,232|10,868|9,232|
||Accrued income|205,200|180,707|205,200|180,707|
||P repayments|103,616|47,251|103,616|47,251|
|||332,063|262,292|332,063|262,292|
##
|CURRENT|ASSET INVESTMENTS||||||
|---|---|---|---|---|---|---|
||||Group|||Company|
|||2022||2021|2022|2021|
|||||f'.|||
|David Elliott|Fund (Note 19)|||104,909||104,909|
|Endowment|Fund deposit account:|228,496||262,562|228,496|262,562|
|Other cash held on deposit||67,530||67,134|67,530|67,134|
|Total Current Assets Investments||296,026||434,605|296,026|434,605|
##
##
|CREDITORS: A
ONE YEAR|MOUNTS|FALLING D|UE WITHIN|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Group||||Company||
||||2022||2021||2022||2021|
||||||E||E||E|
|Trade creditors|||71,973||16,345||71,973||16,345|
|Other taxes and|social security||18,947||22,982||18,947||22,982|
|Pensions and other salary||deductions|4,985||||4,985|||
|Accruals|||34,994||40,413||34,994||40,413|
|Other creditors|||2,156||539||2,156||539|
|Income
in advance|||16,226||10,930||16,226||10,930|
|CVAN|||||5,938||||5,938|
||||149,281||97,147||149,281||97,147|
|Income in advance||||||||||
|Deferred
income|comprises
income||received
in advance||for venue|hire|bookings|and|individual|
|giving for 2022/23.||||||||||
|Balance at the beginning||ofthe year|10,930||11,082||10,930||11,082|
|Amount
released|to income in the year||(8,125)||(8,277)||(8,125)||(8,277)|
|Amount
deferred|in the year||13,421||8,125||13,421||8,125|
|Carried forward|||16,226||10,930||16,226||10,930|
|LONG TERM PENSION PROVISIONS||||||||||
|||||Group||||Company||
||||2022
f||2021||2022
f||2021
f|
|At 1 April|||526,098|538,672|||526,098||538,672|
|Payments
during|the year||(82,176)|(61,632)|||(82,176)||(61,632)|
|Finance (credit)/charge|||(26,911)||49,058||(26,911)||49,058|
|At 31 March|||417,011|526,098|||417,011||526,098|
##
##
##
##
##
##
##
##
||||Balance||Movement|in||Balance|
|---|---|---|---|---|---|---|---|---|
||||01 April||resources|||31 March|
||||2021
f.|Incoming
E|Outgoing
f||Transfers|2022|
|Unallocated
reserves|||||||||
|General funds|||24,301|1,623,281|(1,489,520)||(132,194)|25,868|
|Designated
reserves|||||||||
|General
Fund|||259,033|||||259,033|
|David Elliott Fund|||103,744|||||103,744|
|Free reserves|||387,078|||||388,645|
|Net book value of|unfunded||||||||
|fixed assets|||70,560||||126,956|197,516|
|Capital works to mitigate|||||||||
|Covid-19/Website|Upgrade||141,994||||(141,994)||
|Donated artworks|and print||||||||
|editions for resale|||63,833||||26,836|90,669|
|Projects to be completed||in|||||||
|2022/23|||||||38,220|38,220|
|General reserves|||663,465|1,623,281|(1,489,520)||(82,176)|715,050|
|Pension Deficit|||(526,098)||26,911||82,176|(417,011)|
|Company
total|||137,367|1,623,281|(1,462,609)|||298,039|
|Cafe MOMA Limited|||1,247|||(60)||1,187|
|Group total|||138,614|1,623,281|(1,462,669)|||299,226|
##
##
##
##
|a) UNRESTRICTE|D FUNDS|—2021||||||
|---|---|---|---|---|---|---|---|
|||Balance||Movement|in||Balance|
|||01 April||resources|||31 March|
|||2020|Incoming|Outgoing||Transfers|2021|
|||E|||F|||
|Unallocated
reserves||||||||
|General funds||56,909|1,463,326|(1,157,915)||(338,019)|24,301|
|Designated
reserves||||||||
|General
Fund||259,033|||||259,033|
|David Elliott Fund||103,744|||||103,744|
|Free reserves|||||||387,078|
|Nel book value of|unfunded|||||||
|fixed assets||||||70,560|70,560|
|Capital works to mitigate||||||||
|Covid-19/Website|Upgrade|||||141,994|141,994|
|Donated
artworks|and print|||||||
|editions for resale||||||63,833|63,833|
|General reserves||419,686|1,463,326|(1,157,915)||(61,632)|663,465|
|Pension Deficit||(538,672)||(49,058)||61,632|(526,098)|
|Company
total||(118,986)|1,463,326|(1,206,973)|||137,367|
|Cafh NOMA Limited||1,301|||(54)||1,247|
|Group total||(117,685)|1,463,326|(1,207,027)|||138,614|
##
##
##
||b)
RESTRICTED FUNDS —2022|b)
RESTRICTED FUNDS —2022|b)
RESTRICTED FUNDS —2022||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Balance|Movement
in|resources||||
||||||01 April|Incoming|Outgoing|Transfers||31 March|
||||||2021|||||2022|
||||||E|E|||E|f|
|Programme|||||||||||
|1)|Arts Council England —Culture Recovery|||Fund||45,000|(45,000)||||
|Exhibitions
at Modern||Art Oxford|||||||||
|2021/22|||||||||||
|2)|Samson
Kambalu|||||6,800|(6,800)||||
|3)|Anish Kapoor|||||15,000|(15,000)||||
|4)|Jesse Darling|||||8,950|(8,950)||||
|2022/23|||||||||||
|5)|Ruth Asawa||||||||||
||—Terra Foundation||||87,716|||||87,716|
||—Henry Moore Foundation||||6,800|||||6,800|
|6)|Carey Young|||||5,000||||5,000|
|Creative Learning
and|||Events||||||||
|7)|Public events for artists from the global majority||||1,450||(1,450)||||
|8)|Making Space Safe —refugee project|||||2,363|(2,210)|||153|
|9)|Penny Woolcock (Wellcome Trust)||||8,500|||||8,500|
|10)|Creative
Learning||Activities||28,044|32,183|(60,227)||||
|University
Partnerships|||||||||||
|11)|Oxford Brookes|||||5,000|(5,000)||||
|Other|restricted
funds||||||||||
|12)|CVAN —ACE main||grant|||29,269|(29,269)||||
|13)|Kickstart grants via Oxford City Council|||||20,438|(20,438)||||
|14)|Oxford City Council Consortium
Marketing|||Fund||8,250|(8,250)||||
|Capital|||||||||||
|15)|2018Refurbishment||||3,434|||||3,434|
|16)|Refurbishment
and||Building Development|Fund|1,025,851||(48,582)|||977,269|
||||||1,161,795|178,253|(251,176)|||1,088,872|
##
##
##
##
||b)
RESTRI|CTED FU|N|DS —2021||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Balance|Movement
in|resources||||
|||||||01 April|Incoming|Outgoing|Transfers||31 March|
|||||||2020|||||2021|
|||||||||||E|E|
|Programme||||||||||||
|17)|Arts Council England —Culture|||Recovery|Fund||91,000|(91,000)||||
|Exhibitions
at Modern||Art Oxford||||||||||
|18)|Johanna
Unzueta||||||500|(500)||||
|19)|Mariana Castillo Deball||||||1,500|(1,500)||||
|20)|Ruth Asawa|||||||||||
||—Terra Foundation||||||87,716||||87,716|
||—Henry Moore Foundation||||||6,800||||6,800|
|Education
and Events||||||||||||
|21)|Public events for artists from||the global majority|||1,500||(50)|||1,450|
|22)|Making Space Safe —refugee|||project||2,564|500|(3,064)||||
|23)|Penny Woolcock (Wellcome||Trust)|||18,969|10,441|(20,910)|||8,500|
|24)|Creative
Learning|Activities||||10,000|50,000|(31,956)|||28,044|
|University
Partnerships||||||||||||
|25)|Oxford Brookes||||||5,000|(5,000)||||
|Other|restricted funds|||||||||||
|26)|CVAN -ACE main|grant|||||29,269|(29,269)||||
|27)|Freeland
Foundation||||||1,000|(1,000)||||
|Capital||||||||||||
|28)|2018Refurbishment|||||||||||
||Donations
from|individual|benefactors|||3,434|||||3,434|
|29)|Refurbishment
and Building||Development||Fund|1,076,579||(50,728)|||1,025,851|
|||||||1,113,046|283,726|(234,977)|||1,161,795|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|ANALYSIS||OF GROUP NET ASSETS B|ETWEEN FUNDS|||
|---|---|---|---|---|---|
|2022|||Restricted|Unrestricted|Total|
||||Funds|Funds|2022|
||||||E|
|Intangible|assets|||47,710|47,710|
|Fixed assets|||977,269|149,806|1,127,075|
|Fixed asset||investments||||
|Net current||assets|111,603|518,721|630,324|
|Provisions||||(417,011)|(417,011)|
||||1,088,872|299,226|1,388,098|
|2021|||Restricted|Unrestricted|Total|
||||Funds|Funds|2021|
||||E|E|E|
|Tangible fixed assets|||1,025,851|70,560|1,096,411|
|Fixed asset||investments||||
|Net current||assets|135,944|594,152|730,096|
|Provisions||||(526,098)|(526,098)|
||||1,161,795|138,614|1,300,409|
##
##
##
|ANALYSIS OF CHARITY NET ASSETS|BETWEEN FUNDS|||
|---|---|---|---|
|2022|Restricted|Unrestricted|Total|
||Funds|Funds|2022|
||||E|
|Intangible assets||47,710|47,710|
|Fixed assets|977,269|149,806|1,127,075|
|Fixed asset investments||100|100|
|Net current assets|111,603|517,434|629,037|
|Provisions||(417,011)|(417,011)|
||1,088,872|298,039|1,386,911|
|2021|Restricted|Unrestricted|Total|
||Funds|Funds|2021|
|||F|f.|
|Intangible assets||14,444|14,444|
|Fixed assets|1,025,851|56,116|1,081,967|
|Fixed asset investments||||
|Net current assets|135,944|594,152|730,096|
|Provisions||(526,098)|(526,098)|
||1,161,795|138,614|1,300,409|
##
##
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||K|E|
|Net income/(expenditure)||for the|reporting|period||||
|(as per the statement|offinancial||activities)|||87,689|305,048|
|Add back depreciation||charge||||74,668|60,581|
|Add finance charge|re|pension
deficit||||(26,911)|49,058|
|(Increase)
in stocks||||||(31,842)|(1,108)|
|(Increase)
in debtors||||||(69,771)|(38,423)|
|Increase/(decrease)|in|creditors||||52,134|(59,383)|
|Pension deficit contribution
payments||||||(82,176)|(61,632)|
|Deduct interest income||included|in investing||activities|(441)|(1,188)|
|Net cash provided|by/(used
in)||operating||activities|3,350|252,953|
##
##
##