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2020-12-31-accounts

Registered 328202	Charity nu	Charity nu	mber
Registered	oSce
Trojan House
34Arcadkr	Avenue
London
N3 2JU
Trustees
C Dove
DThorns
Mr AAaronson
M Coiman
K Holdemess
SJswell
YReynolds
SWager
J Bray
D Maier (appointed 27.320)
M Dembinskl		(appointed	27.320)
Auditors
Perlin Franco
Chartered	Accountants		8
Statutory Auditors
Trojan House
34Arcadia	Avenue
London
N3 2JU

In an In eY	and DE
				31.1220	31.12.19
				Unrestricted	Total
				funds	funds
			Notes	F	F
INCOME AND ENDOWMENTS		FROM
Donations and legades
Charitable actlvtthrs
Direct Charitable					21,652
Investment income				40,024
Total				67,598
EXPENDITURE ON
Charttable acthrtges Direct Charitable				4~4
				11,944	28,938
				16,168	31,838
Net gains on Investments					763,228
NET INCOME				51,430
RECONCILIAllON	OF FUNDS
Total funds brought	forward				199,172
TOTAL FUNDS CARRIED FORWARD				1,004,632	953W2

BalafigtLSheet kllDEC BER2D20
		31.1220	31.12.19
		Unrestricted	Total
		funds	funds
			6
FIXEDASSETS
Tangible assets		931,146	932,100
CURRENT ASSETS Debtors Cash at bank	12	2,730 101,938	734 61,535
		104,668	62469
CREDITORS Amounts falling due within one year	13	(31,182)	(41,167)
NET CURRENT ASSETS		73,486	21,102
TOTAL ASSETS LESSCURRENT LIABILITIES		1,004,632	953,202
NETASSETS		1,004,632	953,202
FUNDS UnrestrkM funds	14	1,004,632	953,202
TOTAL FUNDS		1,004,632	953~

DONATIONS	AND LEGACIES		31.1220 f	31.12.19 f
			631	932
INVESTMENT	INCOME		31.1220 f	31.12.19 6
Rental Income			40,000
Deposit account interest			24
			40,024
INCOME FROM CHARITABLE		ACTIVITIES	31.12.20	31.12.19
Subscriptlons Exhibtfions Assessment fees		Activity Direct Charitable Direct Charitable Direct Charitable	f 22,156 4,547 206	21,533 119
Mentoring		Direct Charitable
			26,943	21,652

				Direct
				Costs (see
				note 6)
				E
Direct Charitable				4,224
DIRECTCOSTS OF CHARITABLE ACTIVITIES			31.12.20	31.12.19
			f	6
Exhlbigon costs Venue and conferences			1,247 1,425	1,362
Travel Expenses Member Events				563 252
Gallery Light Storage			(32) 1,284	222 501
			4,224	2,900
SUPPORT COSTS
			Governance
	Management f	Finance f	costs 6	Totals F
Other resources expended	6,891	253	4,800	11,944
NET INCOME/(EXPENDffURE)
Net income/(expenditure)	is stated after charging/(crediting):
			31.12.20	31.12.19
			f
Audit &Accountancy fees Depredation -owned assets			4,800 954	4,647 5,699

Trustsrm' expenses
The number oftrustees reimbursed	for expenses
Nature ofexpenses reimbursed:
Travel, equipment, stationery and	miscellaneous
Total~reimbursed

TANGIBLE FIXEDASSETS
		Improvements	Fixtures
	Investment	to	and	Computer
	property f	property f.	fittings 6	equipment f	Totrds E
COST
At1 January2020and 31December 2020	970,628	41,600	9,386	1,777	1,023,391
DEPRECIATION At 1 January 2020 Charge for year	70,628	9,920 832	8,989 100	1,754 22	91391 954
At 31December 2020	70,628	10,752	9,089	1,776	92,245
NET BOOK VALUE At 31 December 2020	900,000	30,848		1	931,146
At 31December 2019	900,000	31,680	397	23	932,100

INVESTMENT PROPERTY FAIR VALUE	Total
As at 1 January 2020
Revaluations
As at31 December 2020	900,000

	'	'
	Finan			S
f	Year E	31			E	2 20
13.	CREDITORS:			AMOUNTS		FALtfNG DUE WITHIN ONE YEAR
										31.12.20	31.12.19 f
	Other creditors									20,015
	Deferred	income								6,667	16,667
	Accrued	expenses								4,500	4,500
										31,182	41,167
14.	MOVEMENT		IN		FUNDS
										Net
										movement
									At 1.120 f	in funds 6	31.12.20
	Unrestricted General fund		funds						953,202	51,430	1,004,632
	TOTAL	FUNDS								51,430	1,004,632
	Net movenent			in funds, induded				in the above are as follows:
									Incoming	Resources	~nt
									resources	expended	in funds
									F	6	E
	Unrestricted General fund			funds					67,598	(16,168)	51,430
	TOTAL	FUNDS							67,598	(16,168)	51,430
	Comaarathes				for movement		In	funds
										Net
										movement	At
									At 1.1.19	in funds f	31.12.19 f
	Unrestricted General fund			funds					199,172	754,030	953,202
	TOTAL	FUNDS							199,172	754,030	953~

Comparative	net movement in funds,	induded in the above are as fol	lows:
		Incoming	Resources	Gains and	Movement
		resources f	expended F	losses f	in funds 5
Unrestdctsd	funds
General fund			(31,838)	763,228	754,030
TOTAL FUNDS			(31,838)	763W8