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|REFERENCE|REFERENCE|AND ADMINISTRATIVE|AND ADMINISTRATIVE|AND ADMINISTRATIVE|DETAILS|DETAILS|||
|---|---|---|---|---|---|---|---|---|
|Registered||Company|number||||||
|00122616(England and||||Wales)|||||
|Registered||Charity number|||||||
|528894|||||||||
|Registered||office|||||||
|RBSA Gallery|||||||||
|Dakota House|||||||||
|4 Brook Street|||||||||
|Birmingham|||||||||
|83 1SA|||||||||
|Council Members|||||||||
|SEvans||||||President||-elected 1August 2021|
|V Cawson||||||Vice President||—elected 1August 2021|
|H Northam||||||Vice President||—elected 1August 2021|
|V Astling||||||Honorary|Secretary|—re-elected 1August 2021|
|A Matheson||||||Honorary|Treasurer|—re-elected 1August 2021|
|E Isaacs||||||Honorary|Curator|-elected 1August 2021|
|C Griffin||||||||-elected 1August 2021|
|R Griffiths||||||||- re-elected 1August 2021|
|J Scott Martin||||||||-ex-officio|
|M White||||||||-ex-officio|
|R Neil||||||||- ex-officio|
|W Attwood||||||||- ex-officio|
|Associate|Representatives||||||||
|A Pugh||||||||—re-elected 26 July 2020|
|R Eveson||||||||—elected 1August 2021|
|M Flitcroft||||||||-elected 1August 2021|
|0 Swincoe||||||||-co-opted 17August 2021|
|Auditors|||||||||
|J W Hinks|LLP||||||||
|Chartered|Accountants|||and Statutory||Auditors|||
|19Highfield||Road|||||||
|Edgbaston|||||||||
|Birmingham|||||||||
|81538H|||||||||
|Solicitors|||||||||
|The Wilkes||Partnership|||||||
|41 Church||Street|||||||
|Birmingham|||||||||
|83 2RT|||||||||
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##
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Tota
I|
|||||funds|funds|funds|funds|
||||Notes|f|f|E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations||||13,914|3,237|17,151|18,167|
|Charitable
activities||||||||
|Operation
ofgallery||||81,254|51,000|132,254|103,589|
|Other trading activities||||48,318||48,318|46,178|
|Investment
income||||1,041||1,041|1,155|
|Otherincome||||||||
|HMRC fob Retention Scheme||||6,447||6,447|13,551|
|Business interruption|insurance|||30,256||30,256||
|Total||||181,230|54,237|235,467|182,640|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Operation
of gallery||||129,421|15,485|144,906|165,135|
|Net gains/(losses)
on investments||||200||200|(2,812)|
|NET INCOME||||52,009|38,752|90,761|14,693|
|Transfers between funds|||19|(1,278)|1,278|||
|Net movement
in funds||||50,731|40,030|90,761|14,693|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought forward||||613,705|(550)|613,155|598,462|
|TOTAL FUNDS CARRIED FORWARD||||664,436|39,480|703,916|613,155|
##
##
|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|E|E|E|E|
|FIXEDASSETS||||||
|Tangible assets|14|316,655|3,400|320,055|318,094|
|Investments|15|15,447||15,447|15,103|
|||332,102|3,400|335,502|333,197|
|CURRENT ASSETS||||||
|Debtors|16|35,797||35,797|9,279|
|Cash at bank||340,678|39,4$0|380,158|310,080|
|||376,475|39,480|415,955|319,359|
|CREDITORS||||||
|Amounts
falling due within one year|17|(44,141)|(3,400)|(47,541)|(39,401)|
|NET CURRENT ASSETS||332,334|36,080|368,414|279,958|
|TOTAL ASSETS LESSCURRENT LIABILITIES||664,436|39,4$0|703,916|613,155|
|NET ASSETS||664,436|39,480|703,916|613,155|
##
##
##
||||2021|2020|
|---|---|---|---|---|
||||Total|Tota
I|
||||funds|funds|
|||Notes|6|E|
|FUNDS||19|||
|Linrestricted funds:|||||
|—General fund|||88,548|35,330|
|Designated funds:|||||
|-Brook Street Building|Fixed Asset fund||316,655|318,094|
|—Renovation
fund|||180,281|180,281|
|—Repairs fund|||18,150|20,000|
|- Reserve fund|||60,000|60,000|
|- Donated for events|||802||
||||664,436|613,705|
|Restricted funds:|||||
|GBSLEP Online Shop Research &Development||||(550)|
|Governance
Review|||4,200||
|Renovation
fund|||35,280||
||||39,480|(550)|
|TOTAL FUNDS|||703,916|613,155|
##
##
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##
##
##
##
##
##
##
##
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##
##
|||||2021|2020|
|---|---|---|---|---|---|
|||||Total|Total|
|||||funds|funds|
|||||E|E|
|Donations,|gifts and|||||
|sponsorship||||17,151|18,167|
|Donations,|gifts and sponsorship,|included|in the above, are as follows;|||
|||||2021|2020|
|||||E|E|
|Donations||||8,113|7,633|
|Sponsorship||||500|500|
|Gift Aid||||8,538|10,034|
|||||17,151|18,167|
##
||||2021|2020|
|---|---|---|---|---|
||||E|E|
|6MC Trust|||1,250|1,500|
|Donations|below E1,000||6,863|6,133|
|OTHER TRADING ACTIVITIES|||||
||||2021|2020|
||||Total|Total|
||||funds|funds|
||||E|f|
|Subscriptions||-Members|||
|and Associates|||36,108|36,273|
|Subscriptions||- Friends of|||
|the RBSA|||12,210|9,905|
||||48,318|46,178|
##
##
##
##
##
||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Total|Total|
||||||||||funds|funds|
|||||||||||E|
|Income from|listed||||||||||
|investments|||||||||549|553|
|Interest receivable|||||||||492|602|
||||||||||1,041|1,155|
|INCOME FROM||CHARITABLE||||ACTIVITIES|||||
||||||||||2021|2020|
|||||||Activity|||E|E|
|Grants||||||Operation|ofgallery||83,600|71,902|
|Gallery income||||||Operation|ofgallery||48,654|31,687|
||||||||||132,254|103,589|
|Grants received,||included|||in|the above, are|as follows.||||
||||||||Unrestricted|Restricted|||
||||||||funds|funds|2021|2020|
||||||||E|E|f|E|
|Arts Council|England|||||||||29,262|
|Birmingham|City Council||||||29,600||29,600|26,143|
|Dumbreck
Charity||||||||5,000|5,000||
|GBSLEP Limited||||||||3,000|3,000||
|GMC Trust|||||||3,000||3,000||
|G I W Turner|Trust|||||||8,000|8,000||
|West Midlands||Museums|||||||||
|Development||||||||4,500|4,500||
|Loppylugs||||||||||14,500|
|5 & D Lloyd Charitable||||Trust||||||500|
|Sense||||||||||1,497|
|The Grimmitt|Trust|||||||5,000|5,000||
|The Oakley Charitable||||Trust||||lp500|1,500||
|The Roughly|Trust|||||||2,000|2,000||
|The Saintbury|Trust|||||||2,000|2,000||
|William
A Cadbury|||Charitable|||Trust||20,000|20,000||
||||||||32,600||83,600|71,902|
##
##
##
##
##
##
||||Direct|Support||
|---|---|---|---|---|---|
||||Costs (see|costs (see||
||||note 9)
E|note 10)
E|Totals
f|
|Operation|ofgallery||91,341|53,565|144,906|
|DIRECT COSTS OF CHARITABLE ACTIVITIES||||||
|||||2021|2020|
|||||6|6|
|Staff costs||||84,647|88,580|
|Prizes||||1,750|2,500|
|Workshop|tutors|||3,239|5,948|
|Funded projects professional||fees||1,705|4,299|
|||||91,341|101,327|
##
|||2021|2020|
|---|---|---|---|
|||Operation||
|||of|Total|
|||gallery
6|activities
f|
|Bank charges||831|1,068|
|Credit card charges||1,675|911|
|Repairs and maintenance||10,676|10,900|
|Printing
and stationery||262|2,433|
|Light and heat||3,388|3,957|
|Telephone
and postage||1,077|2,164|
|Publicity||2,307|1,633|
|Sundry expenses||1,053|1,134|
|Other operating
leases||1,176|1,151|
|Photocopier||210|184|
|Catering||23|2|
|Irrecoverable
VAT||4,450|4,688|
|Cleaning||2,423|1,836|
|Training||150|145|
|Computer
expenses||5,246|11,565|
|Rates and insurance||3,236|3,589|
|Depreciation
oftangible|fixed assets|1,439|1,439|
|Auditors'
remuneration||2,400|2,600|
|Auditors'
remuneration|for non audit work|1,200|1,200|
|Professional
fees||10,343|11,209|
|||53,565|63,308|
##
##
##
||||2021|2020|
|---|---|---|---|---|
||||E|E|
|Auditors'|remuneration||2,400|2,600|
|Auditors'|remuneration|for non audit work|1,200|1,200|
|Depreciation
—owned||assets|1,439|1,439|
|Other operating
leases|||1,176|1,151|
##
##
##
##
##
|STAFF COSTS|||||
|---|---|---|---|---|
||||2021|2020|
||||E|E|
|Wages and salaries|||81,344|92,099|
|Social security costs|||1,556|(4,757)|
|Other pension costs|||1,747|1,238|
||||84,647|88,580|
|The average monthly|number ofemployees|during the year was as follows:|||
||||2021|2020|
|Management
and administration|||1|1|
|Charitable
activities|||4|7|
##
##
|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
|||Fixtures,||
||Freehold|fittings||
||land and|and||
||buildings|equipment|Totals|
||E|E|E|
|COST||||
|At 1January 2021|343,833|74,914|418,747|
|Additions||3,400|3,400|
|Disposals||(74,914)|(74,914)|
|At 31December 2021|343,833|3,400|347,233|
|DEPRECIATION||||
|At 1January 2021|25,739|74,914|100,653|
|Charge for year|1,439||1,439|
|Eliminated
on disposal||(74,914)|(74,914)|
|At 31December 2021|27,178||27,178|
|NET BOOK VALUE||||
|At 31December 2021|316,655|3,400|320,055|
|At 31December 2020|318,094||318,094|
##
##
##
##
|||||Unrestricted|||
|---|---|---|---|---|---|---|
|||||Fund|2021|2020|
|||||f|E|f|
|Market value|at 1January 2021|||15,103|15,103|17,736|
|Additions
at cost||||143|143|179|
|Sale proceeds|on disposal||||||
|Gain/(loss)
in|the year:||||||
|—realised|||||||
|—unrealised||||201|201|(2,812)|
|Total market value of investments|||||||
|at31December 2021||||||3.133|
|Historic cost at31December 2021||||12,130|12,130|11,987|
|The following|UK listed|investments|represent|more than 5%ofthe portfolio valuation.|||
||||||2021|2020|
||||||f|f|
|Unilever|||||9,469|10,541|
|Royal Dutch Shell|||||4,218|3,371|
|||||||14,272|
|DEBTORS:AMOUNTS||FALLING DUE|WITHIN|ONE YEAR|||
||||||2021|2020|
||||||f|f|
|Trade debtors|||||2,910|8,099|
|Other debtors|||||30,270|11|
|Prepayments|||||2,617|1,169|
||||||35,797|9,279|
##
##
##
|CREDITORS: AMOUNT|S
FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||2021|2020|
|||6|f|
|Trade creditors||3,179|1,561|
|Social security and other taxes||5,697|5,818|
|Other creditors||363|252|
|Accruals and deferred|income|38,302|31,770|
|||47,541|39,401|
##
##
||2021|2020|
|---|---|---|
|||f|
|Within one year|575|1,151|
|Between one and five years||575|
||575|1,726|
##
|MOVEMENT|IN F|U|NDS||||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.1.21|in funds|funds|31.12.21|
||||||E|E|E|E|
|Unrestricted|funds||||||||
|Unrestricted|fund||—General fund||35,330|54,496|(1,278)|88,548|
|Designated|fund|—Brook Street Building|||||||
|Fixed Asset|fund||||318,094|(1,439)||316,655|
|Designated|fund|—Renovation||fund|180,281|||180,281|
|Designated|fund|-|Repairs fund||20,000|(Lp850)||18,150|
|Designated|fund|-|Reserve fund||60,000|||60,000|
|Designated|fund|—Donated for||events||802||802|
||||||613,705|52,009|(1,278)|664,436|
|Restricted funds|||||||||
|GBSLEP Online Shop Research||||&|||||
|Development|||||(550)|(728)|1,278||
|Governance|Review|||||4,200||4,200|
|Renovation|fund|||||35,280||35,280|
||||||(550)|38,752|1,278|39,480|
|TOTAL FUNDS|||||613,155|90,761||703,916|
##
##
##
||||||Incoming|Resources|Gains|and|Movement|
|---|---|---|---|---|---|---|---|---|---|
||||||resources
f|expended
E|losses
E||in funds
E|
|Unrestricted||funds||||||||
|Unrestricted||fund|- General fund||180,428|(126,132)||200|54,496|
|Designated||fund|—Brook Street Building|||||||
|Fixed Asset||fund||||(1,439)|||(1,439)|
|Designated||fund|—Repairs fund|||(1,850)|||(1,850)|
|Designated||fund|- Donated for events||802||||802|
||||||181,230|(129,421)|200||52,009|
|Restricted|funds|||||||||
|Prize fund|||||1,750|(1,750)||||
|GBSLEP Online Shop||||Research &||||||
|Development|||||3,000|(3,728)|||(728)|
|Ladywood|Community|||Centre Project|3,000|(3,000)||||
|Governance||Review|||4,500|(300)|||4,200|
|Renovation||fund|||41,987|(6,707)|||35,280|
||||||54,237|$15,485)|||38,752|
|TOTAL FUNDS|||||235,467|(144,906)|200||90,761|
##
##
||||||||||Net|Transfers||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||movement|between|At|
|||||||||At 1.1.20|in funds|funds|31.12,20|
|||||||||E|E|E|f|
|Unrestricted|funds|||||||||||
|Unrestricted|fund|||—General fund||||18,163|27,167|(10,000)|35,330|
|Designated|fund||-|Brook Street|||Building|||||
|Fixed Asset|fund|||||||319,533|(1,439)||318,094|
|Designated|fund||-|Renovation||fund||188,378|(8,097)||180,281|
|Designated|fund||—Repairs fund|||||10,000||10,000|20,000|
|Designated|fund||—Reserve fund|||||60,000|||60,000|
|||||||||596,074|17,631||613,705|
|Restricted funds||||||||||||
|Sense fund||||||||1,254|(1,254)|||
|Combatting|Loneliness||||in Later||Life fund|134|(134)|||
|IT Infrastructure||l|Development||||fund|1,000|(1,000)|||
|6BSLEPOnline Shop Research|||||||&|||||
|Development|||||||||(550)||(550)|
|||||||||2,388|(2,938)||(550)|
|TOTAL FUNDS||||||||598,462|14,693||613,155|
##
|||||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|---|---|
|||||||resources|expended|losses|in funds|
|||||||6|E|E|E|
|Unrestricted|funds|||||||||
|Unrestricted|fund||—General fund|||171,910|(141,931)|(2,812)|27,167|
|Designated|fund||- Brook Street Building|||||||
|Fixed Asset|fund||||||(1,439)||(1,439)|
|Designated|fund||—Renovation||fund||(8,098)||(8,097)|
|||||||171,911|(151,468)|(2,812)|17,631|
|Restricted funds||||||||||
|Prize fund||||||2,500|(2,500)|||
|Sense fund||||||1,497|(2,751)||(1,254)|
|Combatting|Loneliness|||in Later|Life fund||(134)||(134)|
|ITInfrastructura||I|Development||fund||(1,000)||(1,000)|
|Arts Council||||||6,732|(6,732)|||
|GBSLEP Online Shop Research|||||&|||||
|Development|||||||(550)||(550)|
|||||||10,729|(13,667)||(2,938)|
|TOTAL FUNDS||||||182,640|(165,135)|(2,812)|14,693|
##
##
||||||||Net|Transfers||
|---|---|---|---|---|---|---|---|---|---|
||||||||movement|between|At|
|||||||At 1.1.20|in funds|funds|31.12.21|
|||||||E|E|E|E|
|Unrestricted|funds|||||||||
|Unrestricted|fund|- General fund||||18,163|81,663|(11,278)|88,548|
|Designated|fund|- Brook Street|||Building|||||
|Fixed Asset|fund|||||319,533|(2,878)||316,655|
|Designated|fund|—Renovation||fund||188,378|(8,097)||180,281|
|Designated|fund|- Repairs fund||||10,000|(1,850)|10,000|18,150|
|Designated|fund|—Reserve fund||||60,000|||60,000|
|Designated|fund|- Donated for|||events||802||802|
|||||||596,074|69,640|(1,278)|664,436|
|Restricted funds||||||||||
|Sense fund||||||1,254|(1,254)|||
|Combatting|Loneliness||in Later||Life fund|134|(134)|||
|IT Infrastructural||Development|||fund|1,000|(1,000)|||
|GBSLEP Online Shop Research|||||&|||||
|Development|||||||(1,278)|1,278||
|Governance|Review||||||4,200||4,200|
|Renovation|fund||||||35,280||35,280|
|||||||2,388|35,814|1,278|39,480|
|TOTAL FUNDS||||||598,462|105,454||703,916|
##
|||||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|---|---|
|||||||resources|expended|losses|in funds|
|||||||6|E|E|E|
|Unrestricted||funds||||||||
|Unrestricted||fund|- General fund|||352,338|(268,063)|(2,612)|81,663|
|Designated||fund|- Brook Street Building|||||||
|Fixed Asset||fund|||||(2,878)||(2,878)|
|Designated||fund|- Renovation||fund||(8,098)||(8,097)|
|Designated||fund|—Repairs fund||||(1,850)||(1,850)|
|Designated||fund|- Donated for||events|802|||802|
|||||||353,141|(280,889)|(2,612)|69,640|
|Restricted|funds|||||||||
|Prize fund||||||4,250|(4,250)|||
|Sense fund||||||1,497|(2,751)||(1,254)|
|Combatting||Loneliness||in Later|Life fund||(134)||(134)|
|IT Infrastructural|||Development||fund||(1,000)||(1,000)|
|Arts Council||||||6,732|(6,732)|||
|GBSLEP Online Shop Research|||||ik|||||
|Development||||||3,000|(4,278)||(1,278)|
|Ladywood|Community|||Centre|Project|3,000|(3,000)|||
|Governance||Review||||4,500|(300)||4,200|
|Renovation||fund||||41,987|(6,707)||35,280|
|||||||64,966|(29,152)||35,814|
|TOTALFUNDS||||||418,107|(310,041)|(2,612)|105,454|
##
##
##
##
##
##
##
##
##
##