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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||||||
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||||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|
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|||||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|
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||||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|
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||||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|
##
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||||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|
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||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|
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|||||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|
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||||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|
##
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|9.|Analysis ofexpenditure|Analysis ofexpenditure|by activities (continued)||||
|---|---|---|---|---|---|---|
|||||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|
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|||||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.|
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||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|
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|14.|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).||
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|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|
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|||||||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|
##
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|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|
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||||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|
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