2022-09-30-accounts

Report ofthe Trustees			1to4
Independent Examiner's	Report	to the Trustees
Statement of Financial	Activities
Statement of Financial	Position
Notes to the Financial Statements			8 to 14
Detailed Statement of Financial		Activities	15to 16

REFERE	REFERE	NCE AND	AD	MINISTRA	TIVE INFORMATION	TIVE INFORMATION	TIVE INFORMATION
Name of		Charity			Art Workers Guild Trustees			Limited
Charity	registration		number		313228
Company		registration		number	00127931
Principal		address			6 Queen Square
					Bloomsbury
					London
					WC1N 3AT
Trustees
The trustees and officers serving					during the year and since the year end were			as follows:
					Mr A McQuin
					Mr A Powers
					Mr J Abel
					Mr S Hurst
					Mr T Ponsonby
					(Resigned: 01 January		2022)
					Ms A Thorne
					(Resigned: 01 January		2022)
					Ms C Spalding
					Ms F Cameron	Roberts
					(Resigned: 01 January		2022)
					Ms T Sheppard
					Mr M Winstanley
					Mr J Nichols
					(Appointed: 01 January		2022)
					Ms H Coulson
					(Appointed: 01 January		2022)
					Mr F Baier
					(Appointed: 01 January		2022)

			Notes	Unrestricted	Restricted	2022	2021
				funds	funds
				f	f
Income and	endowments	from:
Donations	and legacies			7,556		7,556	32,438
Charitable	activities			58,480		58,480	48,652
Other trading activites				95,910		95,910	13,734
Investments				96,444		96,444	93,939
Total				258,390		258,390	188,763
Expenditure	on:
Raising funds			6	(156,003)		(156,003)	(115,318)
Charitable	activities		7/8	(67,493)		(67,493)	(50,032)
Total				(223,496)		(223,496)	(165,350)
Net gains/(losses) on investments				(14,555)		(14,555)	8,633
Other recognised gains/losses
Net movement in funds				20,339		20,339	32,046
Reconciliation offunds
Total funds	brought forward			479,866	25,587	505,453	473,407
Total funds	carried forward			500,205	25,587	525,792	505,453

							2022	2021
								E
Unrestricted		funds
Hall hire							75,694	10,970
Hirers Catering							19,637	1,661
Sundry income							579	1,103
							95,910	13,734
5.Investment income
							2022	2021
							E	E
Unrestricted		funds
Income from		investment					91,275	90,244
properties
Income from		listed		investments			5,169	3,695
							96,444	93,939
6.Expenditure	on		other trading			activities
							2022	2021
							E	E
Unrestricted		funds
Non-charitable			trading		activities		156,003	115,318
							156,003	115,318
7.Costs ofcharitable				activities		by fund type
							2022	2021
							E	E
Unrestricted		funds
Advance education				in visual arts			43,242	25,224
and crafts in	any way which may
be beneficial	to		the	community
Support costs							24,251	24,808
							67,493	50,032

8.Costs ofcharitable	activities	activities	activities	by activity type
					2022	2021
					f	f
Activities undertaken		directly
Advance education	in	visual arts			67,493	50,032
and crafts in any way		which may
be beneficial to the	community
9.Analysis ofsupport	costs
					2022	2021
Governance costs					24,251	24,808
10.Net incomei(expenditure)			for	the year
This is stated after	charging/(crediting):
					2022	2021
						f
Depreciation of owned		fixed assets			5,225	5,883
Accountancy fees					10,243	7,288
Staff pension contributions					556	538
11.Staff costs and emoluments
Total staff costs for	the year ended 30September 2022 were:
					2022	2021
					f	f
Salaries and wages					70,680	63,158
Social security costs					1,655	1,079
Pension costs					556	538
					72,891	64,775
					2022	2021
No ofEmployees

	Land and	Office	Fixtures and
Cost or valuation	Buildings	equipment	Fittings	Total
	F		f.	E
At 01 October 2021	5,362	34,894	25,067	65,323
Additions		2,596		2,596
At 30September 2022	5,362	37,490	25,067	67,919
Depreciation
At 01 October 2021		27,529	8,902	36,431
Charge for year		1,992	3,233	5,225
At 30September 2022		29,521	12,135	41,656
Net book values
At 30September 2022	5,362	7,969	12,932	26,263
At 30September 2021	5,362	7,365	16,165	28,892

Analysis ofm	ovement ofcommercial investments
		Listed
		investments
Market value	at 01	127,913
October 2021
Net gain/(loss)	on	(14,555)
revaluation
Market value	at 30	113,358
September 2022

15.Analysis ofi		vestm	e	nts between funds as at year ended 30September 2022
					2022	2021
						E
Unrestricted	funds
Listed investments					113,358	127,913
					113,358	127,913
16.Debtors
					2022	2021
Amounts due		within		one year:
Trade debtors					12,985	2,077
Prepayments		and accrued income			10,287	9,463
					23,272	11,540
17.Creditors: amounts			falling due within one year
					2022	2021
						E
Trade creditors					6,943	11,453
Other creditors					13,079	9,172
Accruals and	deferred			income	2,862	5,260
					22,884	25,885
18.Creditors: amounts			falling due after more than one year
					2022	2021
						E
Accruals and deferred				income		5.169
						5,169

Unrestricted Funds
	Balance at	Incoming	Outgoing	Gains and	Balance at
	01/10/2021	resources	resources	losses	30/09/2022
General
General	479,866	258,390	(223,496)	(14,555)	500,205
	479,866	258,390	(223,496)	(14,555)	500,205
	12of 16

Unrestricted Funds - Previou	s year
	Balance at	Incoming	Outgoing	Gains and	Balance at
	01/10/2020	resources	resources	losses	30/09/2021
General
General	447,820	188,763	(165,350)	8,633	479,866
	447,820	188,763	(165,350)	8,633	479,866

To	support the	support the	charitable	activities ofthe Guild
Restricted		Funds
					Balance at	Balance at
					01/10/2021	30I09/2022
Dalton	Fund				1,653	1,653
Library	Fund				23,934	23,934
					25,587	25,587
Restricted		Funds	-Previous	year
					Balance at	Balance at
					01/1OI2020	30/09/2021
Dalton	Fund				1,653	1,653
Library	Fund				23,934	23,934
					25,587	25,58?

Analysis o	f	net assets between funds
			Tangible	Investments	Net current	Creditors )	Net Assets
			fixed assets		assets l	one year
					(liabilities)
					K
Unrestricted		funds
General
General			26,263	113,358	360,584		500,205
Restricted	funds
Dalton Fund					1,653		1,653
Library	Fund				23,934		23,934
			26,263	113,358	386,171		525,792
Previous year
			Tangible	Investments	Net current	Creditors )	Net Assets
			fixed assets		assets I	one year
					(liabilities)
Unrestricted		funds
General
General			28,892	127,913	328,230	(5,169)	479,866
Restricted	funds
Dalton Fund					1,653		1,653
Library	Fund				23,934		23,934
			28,892	127,913	353,817	(5,169)	505,453

		2022	2021
INCONIE AND ENDOWIIENT
Donations and legacies
General donations		5,737	21,561
Outreach project donations		1,819	10,877
		7,556	32,438
Charitable activities
Guild Catering Activities		49,907	40,543
Gift aid		8,573	8,109
		58,480	48,652
Other trading activities
Income from Hall hire		75,694	10,970
Income from Hirers Catering		19,637	1,661
Income from Sundry income		579	1,103
		95,910	13,734
Investments
Income from investment	properties	91,275	90,244
Income from listed investments		5,169	3,695
		96,444	93,939
Total incoming resources		258,390	188,763
EXPENDITURE
Other trading activities
Staff costs —wages 8 salaries		(63,612)	(56,842)
Staff costs —social security costs		(1,490)	(971)
Staff costs —pension contributions		{500)	(484)
Hirers Catering 8 Services		(5,846)	(862)
Premises costs		(13,517)	(10,610)
Insurance		(8,259)	(7,701)
Cleaning		(17,810)	(9,293)
Building repairs & maintenance		(16,175)	(4,341)
Office costs		(23,901)	(21,340)
Equipment repairs		(4,465)	(2,874)
Training		(428)
		(156,003)	(115,318)
Charitable activities
Cost of direct charitable	activity	(16,493)	(9,616)
Staff costs - wages 8 salaries		(7,068)	(6,316)
Staff costs —social security costs		(166)	(108)
Staff costs —pension contributions		(56)	(54)
Building repairs 8 maintenance		(5,392)	(1,447)
Premises expenses		(1,502)	{1,179)
Insurance		(918)	(856)
Equipment repairs		(1,488)	(958)
Office costs		(2,656)	(2,371)
Cleaning		(1,979)	(1,033)

Lettering 8 Portraits			(783)	(1,428)
Library expenses			(93)	(34)
Masters expenses			(4,600)	176
Training			(48)
			(43,242)	(25,224)
SUPPORT COSTS
Governance costs
Accountancy fees			(10,243)	(7,288)
Legal fees			(3,628)	(2,019)
Depreciation ofowned	assets		(5,225)	(5,883)
Other finance costs			(707)	(582)
Treasurer			(4,000)	(4,000)
Partial VAT Exemption	adjustments		(448)	(5,036)
			(24,251)	(24,808)
Total resources expended			(223,496)	(165,350)
NET EXPENDITURE BEFORE		GAINS AND LOSSES
Other recognised gains	and	losses
Gains/(loss) on revaluation		of investments	(14,555)	8,633
			(14,555)	8,633
Net income before gains	and	losses	(14,555)	8,633
Net Income			20,339	32,046