2023-06-30-accounts - Pushkin House Trust

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			PUSHKIN	PUSHKIN	PUSHKIN	HOUSE	HOUSE	TRUST
			(A company		limited		by	guarantee)
REFERENCE AND			ADMINISTRATIVE DETAILS			OF THE		COMPANY, ITSTRUSTEES AND ADVISERS
			FOR THE	YEAR ENDED				30JUNE 2023
Trustees			William Conner
			Professor Simon Franklin
			Dr Samuel Greene
			Dr Craig Kennedy	(resigned 10January 2023)
			Georgina Wilson
			Merc Polonsky, Chair
			Christophe Kasolowsky,			Treasurer		(appointed 28 April 2023)
			Evgeniya Ravtsova	(appointed			28	April 2023)
Company	registered
number			00571637
Charity registered
number			313111
Registered		office	5a Bloomsbury Square
			London
			WC1A 2TA
Independent		auditors	Gdiffin Stone Moscrop 8			Co
			Chartered Accountants
			Statutory Auditors
			21-27 Lamb's Conduit Street
			London
			WC1N 3GS
Bankers			Barclays Bank pic
			8 George Street
			Richmond
			Surrey
			Twg 1JU

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2023	2023	2023	2022
		Note	F.	6	F	E
Income from:
Donations and legacies			58,338	9,000	67,338	109,383
Charitable activities			178,089	73,646	251,735	174,544
Other trading activities			97,014		97,014	75,612
Investments			62,675		62,675	59,025
Total income			396,116	82,646	478,762	418,564
Expenditure on:
Raising funds			11,561		11,551	7,482
Charitable activities			490,021	131,442	621,463	528,709
Total expenditure			501,582	131,442	633,024	536,191
Net expenditure before net losses on investments			(105,466)	(48,796)	(154,262)	(117,627)
Net losses on investments			(13,434)		(13,434)	(25,217)
Net expenditure			(118,900)	(48,795)	(167,696)	(142,844)
Transfers between	funds	20	52,681	(52,681)
Net movement in	funds		(66,219)	(101,477)	(167,698)	(142,844)
Reconciliation of	funds:
Total funds brought	forward		3,343,174	132,561	3,475,735	3,618,579
Net movement in funds			(66,219)	(101,477)	(167,696)	(142,844)
Total funds carried forward			3,276,955	31,084	3,308,039	3,475,735

				2023		2022
		Note		5		5
Fixed assets
Tangible assets		13		1,791,026		1,798,786
Heritage assets		14		10,700		10,700
Investments		15		1,411,377		1,428,208
				3,213,103		3,237,694
Current assets
Stocks		16	14,548		800
Debtors		17	28,412		41,759
Cash at bank and in hand			159,391		255,219
			202,351		297,778
Creditors: amounts	falling due within one
year		18	(107.415)		(59,737)
Net current assets				94,936		238,041
Total net assets				3,308,039		3,475,735
Charity funds
Restricted funds		20		31,084		132,561
Unrestricted funds		20		3,276,955		3,343,174
Total funds				3,308,039		3,475,735

			Unrestricted	Restricted	Total
			funds	funds	funds
			2023f	2023f	2023 f.
Donations
Friends of Pushkin		House	7,606		7,606
Other donations			10,766	5,000	15,766
Grants
Polonsky Foundation			20,000		20,000
Future ofRussia Foundation			19,966		19,966
Living Maps Project				4,000	4,000
Covid Restart	Grant
Total 2023			58,338	9,000	67,338
			Unrestricted	Restdicted	Total
			funds	funds	funds
			2022	2022f	2022f
Donations
Friends ofPushkin		House	5,623		5,623
Other donations			16,760	20,000	36,760
Grants
Bditish Council				15,000	15,000
Government	grants
Covid Restart	Grant		52,000		52,000
Total 2022			74,383	35,000	109,383

			Unrestricted	Restricted	Total
			funds	funds	funds
			2023	2023	2023
			E	E	E
Room rental	and facilities for cultural	activities	39,475		39,476
Tickets for cultural events			52,566		52,566
Sales ofart, books and magazines			77,633		77,633
Bar and drink	sales		8,415		&,415
Other cultural	projects			73,646	73,646
Donation for	building
Total 2023			178,089	73,646	251,735
			Unrestricted	Restricted	Total
			funds	funds	funds
			2022	2022	2022
			E	E	E
Room rental	and facilities for cultural	actvities	38,381		38,381
Tickets for cultural events			33,587		33,587
Sales ofalt,	books and magazines		15,248		15,248
Bar and drink	sales		4,401		4,401
Other cultural	event income		1,529	71,559	73,088
Donation for	building			9,839	9,839
Total 2022			93,146	81,398	174,544

			Unrestl'icted	Total
			funds	funds
			2023	2023
			E
	Commercial	room rental	97,014	97,014
	Total 2023		97,014	97,014
			Unrestricted	Total
			funds	funds
			2022	2022
				E
	Commercial	room rental	75,612	75,612
	Total 2022		75,612	75,612
6.	Investment	income

	Unrestricted	Total
	funds	funds
	2023	2023
	6	E
Income from UK listed investments	61,835	61,835
Bank interest receivable	840	840
Total 2023	62,675	62,675

	Unrestricted	Total
	funds	funds
	2022	2022
	B
Income from UK listed investments	58,994	58,994
Bank interest receivable	31	31
Total 2022	59,025	59,025

				Unrestdlcted	Total
				funds	funds
				2023	2023
					8
Expenditure	relating	to	room rental	5,258	5,258
Investment	management		fees	6,303	6,303
Total 2023				11,581	11,561
				Unrestricted	Total
				funds	funds
				2022	2022
				8
Expenditure	relating	to	room rental	1,525	1,525
Investment	management		fees	5,957	5,957
Total 2022				7,482	7,482

			Unrestricted	Restricted
			funds	funds	Total
			2023	2023	2023
			E	E	E
Chaditabfe	Activities		490,021	131,442	621,463
Total 2023			490,021	131,442	621,463
			Unrestricted	Restricted
			funds	funds	Total
			2022	2022	2022
			F	F	E
Charitable	Activities		361,429	167,280	528,709
Total 2022			381,429	187,280	528,709
Analysis	ofexpenditure	by activities
			Activities
			undertaken	Support	Total
			directly	costs	funds
			2023	2023	2023
			E	6	E
Chaditable	Activities		293,338	328,125	621,463
Total 2023			293,338	328,125	621,463

Analysis ofexpenditure	Analysis ofexpenditure
		Activities
		undertaken	Support	Total
		directly	costs	funds
		2022f	2022 5	2022
Charitable Activities		297,846	230,863	528,709
Total 2022		297,846	230,863	528,709
Analysis of direct costs
			Total	Total
			funds	funds
			2023	2022
			6
Depreciation			9,256	10,513
Cultural Programme	Costs		49,697	69,962
Speaker and Artist Fees			47,794	13,610
Book Prize			95,981	42,787
Building Development			46,493	80,292
Other Events Expenses			8,410	8,808
Exhibition Costs			16,425	4,426
Poetry Residency and Music Programme				4,565
Fundraising and Development			1,410	239
Other Costs			14,210	13,089
Digital Guest Editors				3,357
Artists and Curators				2,000
Materialist Expenses			1,500	15,423
Ukranian Appeal Expenses			2,162	15,158
Transiocalities				13,619
			293,338	297,846

				Total	Total
				funds	fullds
				2023f	2022f
Staff costs				220,870	146,197
Rates, Insurance, Security				28,010	18,060
Cleaning, Maintenance,	Energy			34,553	23,149
IT, Office Costs, Telephone,		Stationery,	Postage	26,251	20,476
Professional Fees and	Consultancy			1,738	167
Other Financial Costs				3,373	3,593
Advertising and Promotion				58	250
Auditors' Remuneration				13,272	16,971
				328,125	230,863

off5,772 (2 Staff costs	022 - F9,471).
			2023f	2022
Wages and	salaries		204,123	135,734
Social security costs			13,178	10,422
Contribution	to defined contiibution	pension schemes	3,569	2,041
			220,870	148,197

2023	2022
No.	No.

	Freehold	Fixtures and
	property	fittings	Total
	E	F	E
Cost or valuation
At 1 July 2022	1,938,007	108,356	2,046,363
Additions		1,495	1,495
At 30June 2023	1,938,007	109,851	2,047,858
Depreciation
At 1 July 2022	139,220	108,356	247,576
Charge for the year	9,082	174	9,266
At 30June 2023	148,302	108,530	256,832
Net book value
At 30June 2023	1,789,705	1,321	1,791,026
At 30June 2022	1,798,787		1,798,787

Heritage	assets
Assets	recognised	at valuation
			Heritage
			assets
			2023f
Carrying	value at 1	July 2022	10,700
Carrying	value at	30June 2023	10,700

	Listed
	investmentsf
Cost or valuation
At1 July2022	1,428,207
Disposals	(3,520)
Revaluations	(43,735)
Movement in capital and cash account	30,425
At 30June 2023	1,411,377
Net book value
At 30June 2023	1,411,377
At 30June 2022	1,428,207
Historical cost as at 30June 2023F1,463,621 (2022 - f1,467,141).

16.	Stocks
			2023	2022
			6
	Finished goods and goods for resale		14,548	800
17.	Debtors
			2023f	2022f
	Due within one year
	Trade debtors		12,399	25,816
	Other debtors		1,238
	Prepayments	and accrued income	14,775	15,943
			28,412	41,759

					2023	2022
						F
	Trade creditors				51,vQ1	23,227
	Other taxation and social		security		9,925	4,598
	Other creditors				5,394	3,737
	Accruals and deferred	income			40,665	28,175
					107,415	59,737
19.	Financial instruments
					2023	2022
					F
	Financial assets
	Financial assets measured		at fair value through	income and expenditure	159,391	255,219

						Balance at
	Balance at 1			Transfers	Gains/	30June
	July 2022	Income	Expenditure	infout	(Losses)	2023
		E		E	E	E
Unrestricted
funds
General Funds	3,332,474	396,116	(501,582)	52,681	(13,434)	3,266,255
Revaluation
reserve	10,700					10,700
	3,343,174	396,116	(501,582)	52,681	(13,434)	3,276,956
Restricted
funds
Donations	14,086	5,000		(14,086)		5,000
Grants	14,000			(14,000)
Book Prize	22,202	73,449	(95,981)	3,530		3,200
Poetry residency	28,497			(28,497)
Piano Appeal	22,361			(5,860)		16,501
Building
Development	23,864		(29,724)	5,860
Ukranian Appeal	1,593	197	(2,162)	372
Translocalilies
income	1,381					1,381
Materialist
website design	4,577		(1,500)			3,077
Living Maps Project		4,000	(2,076)			1,925
	132,561	82,646	(131,442)	(52„681)		31,084
Total offunds	3,475,735	478,762	(633,024)		(13,434)	3,308,039

Statement offunds - prior ye	ar
					Balance at
	Balance at			Gains/	30June
	1 July 2021f	Income f	Expenditure f	(Losses)f	2022f
Unrestricted funds
General Funds	3,424,436	302,165	(368,911)	(25,216)	3,332,474
Revaluation reserve	10,700				10,700
	3,435,136	302,165	(368,911)	(25,216)	3,343,174
Restricted funds
Donations	14,086				14,086
Grants	14,000				14,000
Book Prize	16,041	48,948	(42,787)		22,202
Poetry residency	28,497				28,497
Piano Appeal	16,501	5,860			22,361
Building Development	94,318	9,839	(80,293)		23,864
Ukranian Appeal		16,751	(15,158)		1,593
Translocalities income		15,000	(13,619)	-	1,381
Materialist website design		20,000	(15,423)		4,577
	183,443	116,398	(167,280)		132,561
Total offunds	3,618,579	418,563	(536,191)	(25,216)	3,475,735

Summary	offun	ds - current yea	r
							Balance at
		Balance at 1			Transfers	Gains/	30June
		July 2022f	Income f	Expenditure f	in/outf	(Losses) f	2023 f
General funds		3,343,174	396,116	(501,582)	52,681	(13,434)	3,276,955
Restricted	funds	132,561	82,646	(131,442)	(52,681)		31,084
		3,475,735	478,762	(633,024)		(13,434)	3,308,039
Summary	offunds - prior year
							Balance at
			Balance at			Gains/	30June
			1 July 2021f	Income	Expenditure 6	(Losses) F	2022 f
General funds			3,435,136	302,165	(368,911)	(25,216)	3,343,174
Restricted	funds		183,443	116,398	(167,280)		132,551
			3,618,579	416,563	(536,191)	(25,216)	3,475,735

			2023	2022
			5
Not later than		1 year	2,116	2,116
Later than	1 year and not later than 5 years		2,645	4,761
			4,761	6,877