2023-09-30-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		8to 14
Detailed Statement of Financial Activities		15to 16

			Notes	Unrestricted	Restricted	2023	2022
				funds	funds
				6	6
Income and	endowments	from:
Donations	and legacies			3,848	6,000	9,848	7,556
Charitable	activities			62,520		62,520	58,480
Other trading activites				155,675		155,675	95,910
Investments				118,187		118,187	96,444
Total				340,230	6,000	346,230	258,390
Expenditure	on:
Raising funds			6	(234,639)		(234,639)	(156,003)
Charitable	activities		7/8	(90,287)		(90,287)	(67,493)
Total				(324,926)		(324,926)	(223,496)
Net gainsl(losses) on investments				3,816		3,816	(14,555)
Other recognised gains/losses
Net movement In funds				19,120	6,000	25,120	20,339
Reconciliation offunds
Total funds	brought forward			500,205	25,587	525,792	505,453
Total funds	carried forward			519,325	31,587	550,912	525,792

			Notes	2023	2022
Fixed assets
Tangible assets			13	63,376	26,263
Investments			14/15	116,764	113,358
				180,140	139,621
Current assets
Debtors			16	2,535	23,272
Cash at bank and		in hand		403,139	385,783
				405,674	409,055
Creditors: amounts		falling due within one year	17	(34,902)	(22,884)
Net current assets				370,?72	386,171
Total assets	less current liabilities			550,912	525,792
Net assets				550,912	525,792
The funds ofthe charity
Restricted	income	funds	18	31,587	25,587
Unrestricted	income funds		18	519,325	500,205
Total funds				550,912	525,792

				2023	2022
					6
Unrestricted	funds
Hall hire				122,609	75,694
Hirers Catering				32,278	19.637
Sundry income				788	579
				155,675	95,910
5.Investment income
				2023	2022
					5
Unrestricted	funds
Income from	investment			104,252	91,275
properties
Income from	listed	investments		13,935	5,169
				118,187	96,444
6.Expenditure	on other trading activities
				2023	2022
Unrestricted	funds
Non-charitable trading			activilies	234,639	156,003
				234,639	156,003
7.Costs of charitable		activities by fund type
				2023	2022
Unrestricted	funds
Advance education		in visual arts		65,666	43,242
and crafts in	any way which may
be beneficial	to the	community
Support costs				24,421	24,251
				90,287	67,493

8.Costs of charitable	activitie	s by activity type
			2023	2022
Activities undertaken directly
Advance education	in visual arts		90,287	67,493
and crafts in any way which		may
be beneficial to the	community
9.Analysis of support	costs
			2023	2022
Governance costs			24,421	24,251
10.Net income/(expenditure)		for the year
This is stated after	charging/(crediting):
			2023	2022
Depreciation of owned fixed assets			9,364	5,225
Accountancy fees			11,954	10,243
Staff pension contributions			1,008	556
11.Staff costs and emoluments
Total staff costs for	the year ended 30September 2023were:
			2023	2022
			8	E
Salaries and wages			143,886	70,680
Social security costs			2,180	1,655
Pension costs			1,008	556
			147,074	72,891
			2023	2022
No of Employees

	Land and	Office	Fixtures and
Cost or valuation	Buildings	equipment	Fittings	Total
At 01 October 2022	5,362	37,490	25,067	67,919
Additions	46,477			46,477
At 30September 2023	51,839	37,490	25,067	114,396
Depreciation
At 01 October 2022		29,521	12,135	41,656
Charge for year	5,184	1,594	2,586	9,364
At 30September 2023	5,184	31,115	14,721	51,020
Net book values
At 30September 2023	46,655	6,375	10,346	63,376
At 30September 2022	5,362	7,969	12,932	26,263

Analysis of movement ofcommercial Investments
	Listed
	Investments
Market value at 01	113,358
October 2022
Net gain/(loss) on	3,406
revaluation
Market value at 30	116,764
September 2023

	Land and	Office	Fixtures and
Cost or valuation	Buildings	equipment	Fittings	Total
			E
At 01 October 2022	5,362	37,490	25,067	67,919
Additions	46,477			46,477
At 30September 2023	51,839	37,490	25,067	114,396
Depreciation
At 01 October 2022		29,521	12,135	41,656
Charge for year	5,184	1,594	2,586	9,364
At 30September 2023	5,184	31,115	14,721	51,020
Net book values
At 30 September 2023	46,655	6,375	10,346	63,376
At 30September 2022	5,362	7,969	12,932	26,263

Analysis of m	ovement of commercial investments
		Listed
		Investments
Market value	at 01	113,358
October 2022
Net gain/(loss)	on	3,406
revaluation
Market value	at 30	116,764
September 2023

Analysis of I		vestments between funds as at year ended 30Septemb	er 2023
			2023	2022
			6
Unrestricted	funds
Listed investments			116,764	113,358
			116,764	113,358
Debtors
			2023	2022
			6	6
Amounts due		within one year:
Trade debtors			8,796	12,985
Prepayments		and accrued income	11,389	10,287
Other debtors			(17,650)
			2,535	23,272

17.Creditors: amounts	falling due within one year	falling due within one year
			2023	2022
Trade creditors			11,358	6,943
Other creditors			22,355	13,079
Accruals and deferred		income	1,189	2,862
			34,902	22,884

18.INovement	in	funds
Unrestricted		Funds
			Balance at	Incoming	Outgoing	Gains and	Balance at
			01/1OI2022	resources	resources	losses	30I09/2023
			E
General
General			500,205	340,230	(324,926)	3,816	519,325
			500,205	340,230	(324,926)	3,8'l6	519,325

Unrestricted Funds - Previou	s year
	Balance at	Incoming	Outgoing	Gains and	Balance at
	01/10/2021	resources	resources	losses	30/09/2022
	E	E	E	E	E
General
General	479,866	258,390	(223,496)	(14,555)	500,205
	479,856	258,390	(223,496)	(14,555)	500,205

Restricted	Funds
		Balance at	Incoming	Balance at
		01/10/2022	resources	30/09/2023
		E		E
Dalton Fund		1,653		1,653
Library Fund		23,934		23,934
Outreach	Fund		6,000	6,000
		25,587	6,000	31,587
Restricted	Funds - Previous year
		Balance at	Incoming	Balance at
		01/10/2021	resources	30/09/2022
		E		E
Daiton Fund		1,653		1,653
Library Fund		23,934		23,934
		25,587		25,587

Analysis of	net assets between funds
		Tangible	Investments	Net current	Net Assets
		fixed assets		assets I
				lliabltlties)
				6
Unrestricted	funds
General
General		63,376	116,764	339,185	519,325
Restricted funds
Dalton Fund				1 653	1 653
Library Fund				23,934	23,934
Outreach	Fund			6,000	6,000
		63,376	116,764	370,772	550,912
Previous year
		Tangible	Investments	Net current	Net Assets
		fixed assets		assets I
				(liabilities)
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

			2023	2022
INCOME AND ENDOWMENT
Donations and legacies
General donations			8,548	5,737
Outreach project donations			1,300	1,819
			9,848	7,556
Charitable activities
Guild Catering Activities			53,362	49,90?
Gift aid			9,158	8,573
			62,520	58,480
Other trading activities
income from Hall hire			122,609	75,694
Income from Hirers Catering			32,278	19,637
Income from Sundry income			788	579
			155,675	95,910
Investments
Income from investment	properties		104,252	91,275
Income from listed investments			13,935	5,169
			118,187	96,444
Total incoming resources			346,230	268,390
EXPENDITURE
Other trading activities
Staff costs - wages & salaries			(129,497)	(63,612)
Staff costs - social security costs			(1,962)	(1,490)
Staff costs - pension contributions			(907)	(500)
Hirers Catering & Services			(10,040)	(5,846)
Premises costs			(12,662)	(13,51?)
Insurance			(8,987)	(8,259)
Cleaning			(20,813)	(17,810)
Bu,lding repairs &maintenance			(8,264)	(16,175)
Office costs			(34,163)	(23,901)
Equipment repairs			(4,895)	(4,465)
Training			(2,449)	(428)
			(234,639)	(156,003)
Charitable activities
Cost of direct charitable	activity		(33,288)	(16,493)
Staff costs - wages 8 salaries			(14,389)	(7,068)
Staff costs - social security costs			(218)	(166)
Staff costs - pension contributions			(101)	(56)
Building repairs &maintenance			(2,755)	(5,392)
Premises expenses			(1,407)	(1,502)
Insurance			(999)	(918)
Equipment repairs			(1,632)	(1,488)
Office costs			(3,796)	(2,656)
Cleaning			(2,313)	(1,979)
		15of16

Lettering & Portraits			(1,140)	(783)
Library expenses			(103)	(93)
Masters expenses			(3,453)	(4,600)
Training			(272)	(48}
			(65,866)	(43,242)
SUPPORT COSTS
Governance costs
Accountancy fees			(1 'i,954)	(10,243)
Legal fees			(7,775)	(3,628)
Depreciation ofowned	assets		(9,364)	(5,225)
Other finance costs			(795)	(707)
Treasurer				(4,000)
Partial VAT Exemption	adjustments		5,467	(448)
			{24,421}	{24,251)
Total resources expended			(324,926)	{223,496)
NET INCOIIE 8EFORE GAINS		AND LOSSES
Other recognised gains	and	losses
Gainsl(loss) on revaluation		of investments	3,816	(14,555)
			3,816	(14,555)
Net income before gains	and	losses	3,816	{14,555)
Net income			25,120	20,339