## ## ||`Page`| |---|---| |`Generalinformation`|| |`ReportoftheCouncil`|| |`Independentexaminer'sreporttothetrustees`|| |`Statementoffinancialactivities`|`10`| |`Balancesheet`|`11`| |`Notestothefinancialstatements`|`12-21`| ## ## ## ## ## |`Administrativeoffice`|`BanksideGallery`| |---|---| ||`48HoptonStreet`| ||`Blackfriars`| ||`London`| ||`SE19JH`| |`Bankers`|`TheRoyalBankofScotlandPlc`| ||`LondonDrummondsBranch`| ||`49CharingCross`| ||`London`| ||`SW1A2DX`| |`Investmentadvisers`|`CazenoveCapitalManagementLimited`| ||`1LondonWallPlace`| ||`London`| ||`EC2Y5AU`| |`Independentexaminer`|`CaraTurtingtonFCADChA`| ||`SafferyChampnessLLP`| ||`71QueenVictoriaStreet`| ||`London`| ||`ECA4V4BE`| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||`Unrestricted`|`Restricted`|`Total`|`Total`| |---|---|---|---|---|---| |||`general`|`funds`|`funds`|`funds`| |||`funds`||`2022`|`2021`| ||`Notes`|`£`|`£`|`£`|`£`| |`Incomefrom:`|||||| |`Donations`
`Legacies`
`Membershipincome`
`Electionfees`
`Grantsanddonations`||
`13,768`
`39,025`
`1,200`
`28,812`|
`-`
`-`
`-`
`-`|
`13,768`
`39,025`
`1,200`
`28,812`|
`-`
`32,445`
`2,940`
`23,359`| |||`82,805`|`-`|`82,805`|`58,744`| |`Investmentincome`
`Bankinterest`||`490`
`42`|`2,267`
`-`|`2,757`
`42`|`2,671`
`2`| |`Charitableactivities`
`incomefromevents`
`Miscellaneousincome`||
`10,873`
`4,180`|
`-`
`-`|
`10,873`
`4,180`|
`2,291`
`1,572`| |`Totalincome`||
`98,390`|
`2,267`|
`100,657`|
`65,280`| |`Expenditureon:`|||||| |`Raisingfunds`
`Marketingcosts`||`5,000`|`-`|`5,000`|`3,828`| |`Charitableactivities`|||||| |`Exhibitions`
`Awards`
`DonationtoBanksideGallery`
`Administrativecosts`
`Professionalcosts`
`Financecosts`||
`35,025`
`1,126`
`23,850`
`18,783`
`8,939`
`71`|
`-`
`500`
`-`
`-`
`-`
`540`|
`35,025`
`1,626`
`23,850`
`18,783`
`8,939`
`1,301`|
`21,162`
`1,846`
`23,850`
`11,610`
`9,342`
`1,011`| |`Totalexpenditure`|`2`|
`93,484`|
`1,040`|
`94,524`|
`72,649`| |`Netincome/(expenditure)before`||`4,906`|`1,227`|`6,133`|`(7,269)`| |`investmentrevaluations`|||||| |`(Loss)/gainsonrevaluationof`||`(5,130)`|`(6,610)`|`(11,740)`|`8,500`| |`investments`|||||| |`Transfersbetweenfunds`||
`-`|
`-`|
`-`|
`-`| |`Net(expenditure)/incomeandnet`
`movementinfunds`||`(224)`|`(5,383)`|`(5,607)`|`1,231`| |`Totalfundsbroughtforward`||
`48,287`|
`82,392`|
`130,679`|
`129,448`| |`Totalfundscarriedforward`||`48,063`
|`77,009`
|`125,072`
|`130,679`
| ## ## ||||`2022`||`2021`|| |---|---|---|---|---|---|---| ||`Note`|||||| |`Fixedassets`||||||| |`Investments`|||`117,462`|||`130,114`| |`Currentassets`||||||| |`Debtors`||`2,069`||`598`||| |`Cashatbank`||`10,731`||`6,664`||| |||`12,860`||`7,262`||| |`Creditors:amountsfalling`||||||| |`duewithinoneyear`||`(5,190)`||`(6,697)`||| |`Netcurrentassets`|||`7,610`|||`565`| |`TotalassetsJesscurrent`||||||| |`liabilities`|||`125,072`|||`130,679`| |`Netassets`|||`125,072`|||`130,679`| |`Funds`||||||| |`Restrictedincomefunds`|||`77,009`|||`82,392`| |`Unrestrictedincomefunds`|||`48,063`|||`48,287`| |`Totalfunds`|||`125,072`|||`130,679`| ## ## ## ## ## ## ||`Direct`||`Support`||`Total`|`Total`| |---|---|---|---|---|---|---| ||`costs`||`costs`||`funds`|`funds`| ||||||`2022`|`2021`| ||`£`||`£`||`£`|`£`| |`Raisingfunds`||||||| |`Marketing`|`5,000`|||`-`|`5,000`|`3,828`| |`Charitableactivities`||||||| |`Exhibitions`
`Awards`
`DonationstoBanksideGallery`
`Administration`
`Professionalfees`
`Finance`|
`35,025`
`1,626`
`23,850`|

`-`
`-`
`-`|
`18,783`
`8,939`
`1,301`|
`-`
`-`
`-`

|
`35,025`
`1,626`
`23,850`
`18,783`
`8,939`
`1,301`|
`21,162`
`1,846`
`23,850`
`11,610`
`9,342`
`1,011`| ||

`65,501`|

|

`29,023`|

|

`94,524`|

`72,649`| |`Supportcosts`||||||| |`Administration`
`Finance`
`Governance`|||||
`18,783`
`1,301`
`8,939`|
`11,610`
`1,011`
`9,342`| ||||||`29,023`|`21,963`| |`Governancecosts`||||||| |`Independentexaminationfee`
`Otherprofessionalfees`|||||`2,770`
`6,169`|`2,232`
`7,110`| ||||||
`8,939`
|
`9,342`
| ## ## |`Expenditurefrom2021isanalysedasfollows:`||||| |---|---|---|---|---| ||`Direct`|`Support`||`Total`| ||`costs`|`costs`||`funds`| |||||`2021`| ||`£`|`£`||`£`| |`Raisingfunds`||||| |`Marketing`|`3,828`||`-`|`3,828`| |`Charitableactivities`||||| |`Exhibitions`|`21,162`||`-`|`21,162`| |`Awards`|`1,746`||`-`|`1,746`| |`DonationstoBanksideGallery`
`Administration`|`23,850`
`-`|`11,610`|`-`
|`23,850`
`11,610`| |`Professionalfees`|`-`|`9,342`||`9,342`| |`Finance`|
`-`|
`1,011`|
|
`1,011`| ||
`50,586`
|
`21,963`
|

|
`72,649`
| ## |`nvestments`|||||| |---|---|---|---|---|---| |||`JosephWebb`|`GwenMay`|`Total`|`Total`| ||`General`|`fund`|`fund`|`funds`|`funds`| ||`fund`|`(restricted)`|`(restricted)`|`2022`|`2021`| ||`£`|`£`|`£`|`£`|`£`| |`Marketvalue`|||||| |`At1 January2022`
`Fundswithdrawn`|`64,290`
`(490)`|`9,182`
`(67)`|`56,642`
`(2,199)`|`130,114`
`(2,756)`|`122,447`
`(2,587)`| |`Investmentincome`
`Charges`
`Gains/(losses)`|`490`
`(372)`
`(5,130)`|`67`
`(53)`
`(705)`|`2,199`
`(487)`
`(5,905)`|`2,756`
`(912)`
`(11,740)`|`2,672`
`(918)`
`8,500`| |`At31December2022`|

`58,788`|

`8,424`|

`50,250`|

`117,462`|

`130,114`| |`Cost`|||||| |`Historiccostatyear`|||||| |`end`
|`58,827`
|`8,090`
|`51,127`
|`118,044`
|`118,541`
| ## ## ||`Investments(2021)`|||||| |---|---|---|---|---|---|---| ||||`JosephWebb`|`GwennMay`|`Total`|| |||`General`|`fund`|`fund`|`funds`|| |||`fund`|`(restricted)`|`(restricted)`|`2021`|| |||`£`|`£`|`£`|`£`|| ||`Marketvalue`
`At1 January2021`
`Fundswithdrawn`
`Investmentincome`
`Charges`
`Gains/(losses)`|
`60.084`
`(392)`
`466`
`(378)`
`4,510`|

`8,603`

`(54)`
`65`

`(52)`
`620`|
`53,760`

`(2,141)`
`2,141`

`(488)`
`3,370`|
`122,447`
`(2,587)`
`2,672`
`(918)`
`8,500`|| ||`At31December2021`|

`64,290`|

`9,182`|

`56,642`|

`130,114`|| ||`Cost`
`Historiccostatyearend`|`58,827`|
`8,090`|
`51,624`|
`118,541`|| |`5.`|`Debtors`||||`2022`|`2021`| ||||||`£`|`£`| ||`Otherdebtorsandprepayments`
`BanksideGallery`||||
`2,068`
`-`|
`598`
`-`| ||||||
`2,129`|
`598`| |`6.`|`Creditors:amountsfalling`|`duewithin`|`oneyear`||`2022`|`2021`| ||||||`£`|`£`| ||`Tradecreditors`
`Othercreditorsandaccruals`||||
`460`
`4,730`|
`2,637`
`4,060`| ||||||`5,250`
|`6,697`
| ## |`7.`|`Restrictedincomefunds`||||||| |---|---|---|---|---|---|---|---| |||`Balanceat`|`Income`|`Expenditure`||`Gainsand`|`Balanceat`| |||`1Jan2022`||||`losses`|`31Dec2022`| |||`£`|`£`|`£`||`£`|`£`| ||`Specialfund`|`8,367`|`-`||`-`|`-`|`8,367`| ||`JosephWebb`||||||| ||`Commemorativefund`|`10,842`|`67`|`(53)`||`(705)`|`10,151`| ||`GwenMayFund`|`60,643`|`2,200`|`(487)`||`(5,905)`|`56,451`| ||`DiplomaCollection`||||||| ||`photography`|`1,540`|`-`||`-`|`-`|`1,540`| ||`MikeBrennanPrizeFund`|`1,000`|`-`|`(500)`||`-`|`500`| |||

`82,392`|

`2,267`|

`(1,040)`|

|

`(6,610)`|

`77,009`| |||
`Balanceat`|
`Income`|
`Expenditure`||
`Gainsand`|
`Balanceat`| |||`1Jan2021`||||`losses`|`31Dec2021`| |||`£`|`£`|`£`||`£`|`£`| ||`Specialfund`|`8,467`|`-`|`(100)`||`-`|`8,367`| ||`JosephWebb`||||||| ||`Commemorativefund`|`10,210`|`65`|`(52)`||`619`|`10,842`| ||`GwenMayFund`|`56,620`|`2,140`|`(1,488)`||`3,371`|`60,643`| ||`DiplomaCollection`||||||| ||`photography`|`1,540`|`-`|`-`||`-`|`1,540`| ||`MikeBrennanPrizeFund`|`1,000`|`-`|`-`||`-`|`1,000`| |||
`77,837`
|
`2,205`
|
`(1,640)`
|

|
`3,990`
|
`82,392`
| ## ## ## |||`Balanceat`|`Income`|`Expenditure`|`Gainsand`|`Transfers`||`Balance`| |---|---|---|---|---|---|---|---|---| |||`1Jan2022`|||`Losses`||`31`|`Dec2022`| |||`£`|`£`|`£`|`£`|`£`||`£`| |`General`|`funds`|
`48,287`|

`98,390`|

`(93,484)`|

`(5,130)`|

`0`|

|

`48,063`| |||

`48,287`|

`98,390`|

`(93,484)`|

`(5,130)`|

`0`|

|

`48,063`| |||
`Balanceat`|
`Income`|
`Expenditure`|
`Gainsand_`|
`Transfers`||
`Balance`| |||`1Jan2021`|||`Losses`||`31Dec2021`|| |||`£`|`£`|`£`|`£`|`£`||`£`| |`General`|`funds`|
`51,611`|

`63,075`|

`(71,009)`|

`4,510`|

`100`|

|

`48,287`| |||
`51,611`
|

`63,075`

|

`(71,009)`

|

`4,510`

|

`100`

|

|

`48,287`

| ## ## |`nalysisofnetassetsbetweenfunds`|||| |---|---|---|---| ||`Investments`|`Netcurrent`|`Total`| |||`Assets`|`2022`| ||`£`|`£`|`£`| |`Restrictedincomefunds:`|||| |`Specialfund`|`-`|`8,367`|`8,367`| |`JosephWebbCommemorativefund`|`8,423`|`1,728`|`10,151`| |`GwenMayfund`|`50,251`|`6,200`|`56,451`| |`DiplomaCollectionphotography`|`-`|`1,540`|`1,540`| |`MikeBrennanPrizeFund`|
`-`|
`500`|
`500`| ||`58,674`|`18,335`|`77,009`| |`Unrestrictedincomefunds:`|||| |`Generalfunds`|
`58,788`|
`(10,725)`|
`48,063`| ||`58,788`|`(10,725)`|`48,063`| |`Totalfunds`|

`117,462`|

`7,610`|

`125,072`| |`nalysisofnetassetsbetweenfunds2021`|||| ||`Investments`|`Netcurrent`|`Total`| |||`Assets`|`2021`| ||`£`|`£`|`£`| |`Restrictedincomefunds:`|||| |`Specialfund`|`-`|`8,367`|`8,367`| |`JosephWebbCommemorativefund`|`9,182`|`1,660`|`10,842`| |`GwenMayfund`|`56,642`|`4,001`|`60,643`| |`DiplomaCollectionphotography`|`-`|`1,540`|`1,540`| |`MikeBrennanPrizeFund`|
`-`|
`1,000`|
`1,000`| ||`65,824`|`16,568`|`82,392`| |`Unrestrictedincomefunds:`|||| |`Generalfunds`|
`64,290`|
`(16,003)`|
`48,287`| ||`64,290`|`(16,003)`|`48,287`| |`Totalfunds`|
`130,114`
|
`565`
|
`130,679`
| ## ## ||`2022`|`2021`| |---|---|---| ||`£`|`£`| |`Thedonationduringtheyearwasasfollows:`||| |`DonationtowardsrunningcostsofBanksideGallery`|`23,850`
|`23,850`
| ## ## ## ## ||`Unrestricted`|`Restricted`|`Total`| |---|---|---|---| ||`general`|`funds`|`funds`| ||`funds`||`2021`| ||`£`|`£`|`£`| |`Incomefrom:`|||| |`Donations`|||| |`Membershipincome`|`32,445`|`.`|`32,445`| |`Electionfees`|`2,940`|`-`|`2,940`| |`Grantsanddonations`|
`23,359`|
`-`|
`23,359`| ||`58,744`|`-`|`58,744`| |`Investmentincome`|`466`|`2,205`|`2,671`| |`Bankinterest`|`2`|`-`|`2`| |`Incomingresourcesfrom`|||| |`charitableactivities`|||| |`Incomefromevents`|`2,291`|`-`|`2,291`| |`Miscellaneousincome`|
`1,572`|
`-`|
`1,572`| |`Totalincome`|

`63,075`|

`2,205`|

`65,280`| |`Expenditureon:`|||| |`Raisingfunds`|||| |`Marketingcosts`|`3,828`|`-`|`3,828`| |`Charitableactivities`|||| |`Exhibitions`|`21,162`|`-`|`21,162`| |`Awards`|`746`|`1,100`|`1,846`| |`DonationtoBanksideGallery`|`23,850`|`-`|`23,850`| |`Administrativecosts`|`11,610`|`-`|`11,610`| |`Professionalcosts`|`9,342`|`-`|`9,342`| |`Financecosts`|
`471`|
`540`|
`1,011`| |`Totalexpenditure`|
`71,009`|
`1,640`|
`72,649`| |`Netincome/(expenditure)`|||| |`beforeinvestmentrevaluations`|`(7,934)`|`565`|`(7,269)`| |`Gain/(loss)onrevaluationof`|`4,510`|`3,990`|`8,500`| |`investments`|||| |`Transferbetweenfunds`|`-`|`-`|`-`| |`Netincome/(expenditure)and`|||| |`netmovementinfunds`|`(3,324)`|`4,555`|`1,231`| |`Totalfundsbroughtforward`|
`51,611`|
`77,837`|
`129,448`| |`Totalfundscarriedforward`
|`48,287`

|`82,392`

|`130,679`

|