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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|||||||||
|B3 1SA|||||||||
|Council Members|||||||||
|VAstling||||||President||Elected 12June 2022|
|V Cawson||||||Vice President||Re-elected 12June 2022|
|H Northam||||||Vice President||Re-elected 12June 2022|
|R Leckey||||||Honorary|Secretary|Elected 12June 2022|
|A Matheson||||||Honorary|Treasurer|Re-elected 12June 2022|
|E Isaacs||||||Honorary|Curator|Re-elected 12June 2022|
|C Griffin||||||||—elected 1August 2021|
|R Griffit hs||||||||-re-elected 1August 2021|
|JScott Martin||||||||—ex-officio|
|M White||||||||-ex-officio|
|R Neil||||||||—ex-officio|
|S Evans||||||||-ex-officio|
|Associate|Representatives||||||||
|A Pugh||||||||Resigned 1July 2022|
|R Everson||||||||-elected 1August 2021|
|M Flitcroft||||||||Resigned
2 October 2022|
|0Swinscoe||||||||—co-opted 17August 2021|
|Auditors|||||||||
|J W Hinks|LLP||||||||
|Chartered|Accountants|||and Statutory||Auditors|||
|19Highfield||Road|||||||
|Edgbaston|||||||||
|Birmingham|||||||||
|B153BH|||||||||
|Solicitors|||||||||
|The Wilkes||Partnership|||||||
|41Church|Street||||||||
|Birmingham|||||||||
|B32RT|||||||||
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##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|E|E|E|E|
|INCOME AND ENDOWMENTS||FROM|||||
|Donations|||13,903|18,410|32,313|17,151|
|Charitable
activities|||||||
|Operation ofgallery|||66,361|88,126|154,487|132,254|
|Other trading
activities|||48,348||48,348|48,318|
|Investment
income|||1,048||1,048|1,041|
|Other income|||||||
|HMRC Job Retention Scheme||||||6,447|
|Business interruption
insurance||||||30,256|
|Total|||129,660|106,536|236,196|235,467|
|EXPENDITURE ON|||||||
|Raising funds||||4,858|4,858||
|Charitable
activities|||||||
|Operation
ofgallery|||169,497|62,383|231,880|144,906|
|Net gains on investments|||2,641||2,641|200|
|NET INCOME/(EXPENDITURE)|||(37,196)|39,295|2,099|90,761|
|Transfers between
funds||18|78,775|(78,775)|||
|Net movement
in funds|||41,579|(39,480)|2,099|90,761|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||664,436|39,480|703,916|613,155|
|TOTAL FUNDS CARRIED FORWARD|||706,015||706,015|703,916|
|CONTINUING
OPERATIONS|||||||
|All income and expenditure|has|arisen from continuing|activities.||||
##
|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|E|E|E|E|
|FIXEDASSETS||||||
|Tangible assets|13|517,589||517,589|320,055|
|Investments|14|18,087||18,087|15,447|
|||535,676||535,676|335,502|
|CURRENT ASSETS||||||
|Debtors|15|5,898||5,898|35,797|
|Cash at bank||218,245||218,245|380,158|
|||224,143||224,143|415,955|
|CREDITORS||||||
|Amounts
falling due within one year|16|(53,804)||(53,804)|(47,541)|
|NET CURRENT ASSETS||170,339||170,339|368,414|
|TOTAL ASSETS LESSCURRENT LIABILITIES||706,015||706,015|703,916|
|NET ASSETS||706,015||706,015|703,916|
##
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||Total|Tots
I|
|||||||Funds|Funds|
|FUNDS|||||18|||
|Unrestricted funds:||||||||
|General|fund|||||96,437|88,548|
|Designated fund:||||||||
|Brook Street|||Building Fixed Asset fund|||315,216|316,655|
|Renovation||fund (Property||||||
|Improvements)|||||||180,281|
|Repairs|fund|||||40,000|18,150|
|Reserve|fund|||||60,000|60,000|
|Donated|for||events|||802|802|
|Property|Improvements|||Fixed Asset fund||193,560||
|||||||706,015|664,436|
|Restricted funds:||||||||
|Governance|||Review||||4,200|
|Renovation||fund|||||35,280|
||||||||39,480|
|TOTALFUNDS||||||706p015|703,916|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
|||||||funds||
|||||||f||
||Donations,|gifts and||||||
||sponsorship|||||32313|17,151|
||Donations,|gifts and sponsorship,||included|in the above, are as follows:|||
|||||||2022|2021|
|||||||f|E|
||Donations|||||22,597|8,113|
||Sponsorship||||||500|
||Gift Aid|||||9,716|8,538|
|||||||32.313|17,151|
||Donations|in excess ofE1,000were received from the following organisations:||||||
|||||||2022|2021|
|||||||F.|E|
||C Alton|||||2,500||
||P Naylor|||||1,500||
||GMC Trust|||||3,250|1,250|
||Donations|below E1,000||||15,347|6,863|
|||||||22,597|8,113|
|4.|OTHER TRADING ACTIVITIES|||||||
|||||||2022|2021|
|||||||Total|Total|
|||||||funds|funds|
|||||||E|E|
||Subscriptions||- Members|||||
||and Associates|||||36,247|36,108|
||Subscriptions||—Friends of|||||
||the RBSA|||||12,101|12,210|
|||||||48,348|48,318|
##
##
##
##
|||||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Total|Tata
I|
|||||||||||funds|funds|
|||||||||||E|E|
|Income from|listed|||||||||||
|investments||||||||||571|549|
|Interest receivable||||||||||477|492|
|||||||||||1,048|1,041|
|INCOME FROM CHARITABLE ACTIVITIES||||||||||||
|||||||||||2022|2021|
||||||||Activity|||F.|E|
|Grants|||||||Operation|ofgallery||99,241|83,600|
|Gallery income|||||||Operation|ofgallery||55,246|48,654|
|||||||||||154,487|132,254|
|Grants received,
included|||||in|the|above, are|as follows.||||
|||||||||Unrestricted|Restricted|||
|||||||||funds|funds|2022|2021|
|||||||||E|E|E|E|
|Behrens Foundation|||||||||35,000|35,000||
|Birmingham|City|Council||||||4,000||4,000|29,600|
|Dumbreck
Charity|||||||||||5,000|
|Edward Cadbury||Charitable||||Trust|||10,000|10,000||
|GBSLEP Limited|||||||||||3,000|
|GMC Trust|||||||||||3,000|
|GI WTurner|Trust||||||||||8,000|
|Ironbridge
Gorge||Museum|||Trust||||||4,500|
|Loppylugs||||||||8,000||8,000||
|SUEZ|||||||||42,241|42,241||
|The Grimmitt|Trust||||||||||5,000|
|The Oakley Charitable||||Trust|||||||1,500|
|The Roughly|Trust||||||||||2,000|
|The Saintbury|Trust||||||||||2,000|
|William
A Cadbury|||Charitable|||Trust|||||20,000|
|||||||||.000|87,241|99,241|83,600|
##
##
|||||Direct|Support||
|---|---|---|---|---|---|---|
|||||Costs (see|costs (see||
|||||note 9)|note 10)|Totals|
|||||E|E|E|
||Operation|ofgallery||107,020|124,860|231,880|
|8.|DIRECT COSTS OF CHARITABLE ACTIVITIES||||||
||||||2022|2021|
||||||E|f|
||Staff costs||||93,529|84,647|
||Prizes||||4,400|1,750|
||Workshop|tutors|||4,496|3,239|
||Funded projects professional||fees||4,595|1,705|
||||||107,020|91,341|
##
||||2022|2021|
|---|---|---|---|---|
||||Operation||
||||of|Tota I|
||||gallery|activities|
||||E|E|
|Bank charges|||512|831|
|Credit card charges|||2,069|1,675|
|Repairs and|maintenance||28,205|10,676|
|Printing
and|stationery||1,138|262|
|Light and heat|||3,962|3,388|
|Telephone
and postage|||1,203|1,077|
|Publicity|||3,520|2,307|
|Sundry expenses|||1,389|1,053|
|Other operating
leases|||1,044|1,176|
|Photocopier|||275|210|
|Catering|||1,379|23|
|Irrecoverable|VAT||37,083|4,450|
|Cleaning|||3,215|2,423|
|Training|||1,320|150|
|Computer
expenses|||13,635|5,246|
|Rates and insurance|||4,456|3,236|
|Depreciation|of tangible|fixed assets|3,585|1,439|
|Auditors'
remuneration|||2,520|2,400|
|Auditors'
remuneration||for non audit work|1,260|1,200|
|Professional|fees||13,090|10,343|
||||124,860|53,565|
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||E|E|
|Auditors'|remuneration|||2,920|2,400|
|Auditors'|remuneration||for non audit work|1,260|1,200|
|Depreciation
-||owned|assets|3,030|1,439|
|Other operating||leases||1,044|1,176|
##
##
##
##
##
|STAFF COST|S|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||f|E|
|Wages and|salaries|||89,707|81,344|
|Social security costs||||2,098|1,556|
|Other pension costs||||1,724|1,747|
|||||93,329|84,647|
|The average|monthly|number ofemployees|during the year was as follows:|||
|||||2022|2021|
|Management|and administration|||1|1|
|Charitable
activities||||4|4|
##
##
|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||||Fixtures,||
||Freehold|Improvements|fittings||
||land and|to|and||
||buildings|property|equipment|Totals|
||E|E|E|E|
|COST|||||
|At 1January 2022|343,833||3,400|347,233|
|Additions||195,186|5,933|201,119|
|At 31December 2022|343,833|195,186|9,333|548,352|
|DEPRECIATION|||||
|At 1January 2022|27,178|||27,178|
|Charge for year|1,439|1,626|520|3,585|
|At 31December 2022|28,617|1,626|520|30,763|
|NET BOOK VALUE|||||
|At 31December 2022|315,216|193,560|8,813|517,589|
|At 31December 2021|316,655||3,400|320,055|
##
##
|||||Unrestricted|||
|---|---|---|---|---|---|---|
|||||Fund|2022|2021|
|||||E|E|f|
||Market value|at 1January 2022||15,447|15,447|15,103|
||Additions
at cost|||||143|
||Sale proceeds|on disposal|||||
||Gain/(loss)
in|the year:|||||
||-realised||||||
||-unrealised|||2,640|2,640|201|
||Total market|value of investments|||||
||at 31December 2022|||18,087|18,087|15,447|
||Historic cost at 31December 2022|||12,130|12,130|12,130|
||The following|UK listed investments|represent|more than 5%ofthe portfolio valuation.|||
||||||2022|2021|
||||||E|E|
||Unilever||||10,037|9,469|
||Royal Dutch Shell||||7,025|4,218|
||||||17,062|13,687|
|15.|DEBTORS:AMOUNTS
FALLING DUE||WITHIN|ONE YEAR|||
||||||2022|2021|
||||||E|f|
||Trade debtors||||3,822|2,910|
||Other debtors|||||30,270|
||Prepayments||||2,076|2,617|
||||||5,898|35,797|
##
##
##
##
|CREDITORS: A|MOUNT|S
FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|
||||2022|2021|
||||E|E|
|Trade creditors|||9,374|3,179|
|Social security|and other taxes||5,063|5,697|
|Other creditors|||356|363|
|Accruals and deferred||income|39,011|38,302|
||||53,804|47,541|
##
##
||2022|2021|
|---|---|---|
||E|f|
|Within one year|944|575|
|Between one and five years|944||
||1,888|575|
##
##
##
|MOVEMENT|IN|FUNDS|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Net|Transfers||
|||||||||movement|between|At|
||||||||At 1.1.22|in funds|funds|31.12.22|
||||||||E|E|f|E|
|Unrestricted|funds||||||||||
|Unrestricted|fund - General|||fund|||88,548|(28,910)|36,799|96,437|
|Designated|fund|—Brook|Street Building||||||||
|Fixed Asset|fund||||||316,655|(1,439)||315,216|
|Designated|fund|- Renovation|||fund||180,281||(180,281)||
|Designated|fund|- Repairs fund|||||18,150|(5,221)|27,071|40,000|
|Designated|fund|- Reserve||fund|||60,000|||60,000|
|Designated|fund|—Donated||for|events||802|||802|
|Designated|fund|—Property||Improvements||||(1,626)|195,186|193,560|
|Fixed Asset|fund||||||||||
||||||||664,436|(37,196)|78I775|706,015|
|Restricted funds|||||||||||
|Governance|Review||||||4,200|(4,215)|15||
|Renovation|fund||||||35,280|43,510|(78,790)||
||||||||39p480|39,295|(78,775)||
|TOTALFUNDS|||||||703,916|2,099||706,015|
|Net movement
in funds,|||included|||in the above are as follows:|||||
||||||||Incoming|Resources|Gains and|Movement|
||||||||resources|expended|losses|in funds|
||||||||E|E|f|E|
|Unrestricted|funds||||||||||
|Unrestricted|fund|- General||fund|||129,660|(161,211)|2,641|(28,910)|
|Designated|fund|—Brook|Street||Building||||||
|Fixed Asset|fund|||||||(1,439)||(1,439)|
|Designated|fund|—Repairs||fund||||(5,221)||(5,221)|
|Designated|fund|—Property||Improvements||||(1,626)||(1,626)|
|Fixed Asset|fund||||||||||
||||||||129,660|(169,497)|2,641|(37,196)|
|Restricted funds|||||||||||
|Prize fund|||||||4,400|(4,400)|||
|Governance|Review|||||||(4,215)||(4,215)|
|Renovation|fund||||||100,636|(57,126)||43,510|
|Women Artist Catalogue|||||||1,500|(1,500)|||
||||||||106,536|(67,241)||39,295|
|TOTALFUNDS|||||||236,196|(236,738)|2,641|2,099|
##
##
##
||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.1.21|in funds|funds|31.12.21|
|||||f|E|f|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|(1,850)||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|
|TOTALFUNDS||||613,155|90,761||703,916|
##
##
||||||Incoming|Resources|Gains|and|Movement|
|---|---|---|---|---|---|---|---|---|---|
||||||resources
f|expended
6|losses
6||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|
|TOTALFUNDS|||||235,467|(144,906)|200||90,761|
##
|||||||Net|Transfers||
|---|---|---|---|---|---|---|---|---|
|||||||movement|between|At|
||||||At 1.1.21|in funds|funds|31.12.22|
||||||E|E|E|E|
|Unrestricted|fund|s|||||||
|Unrestricted|fund|-General fund|||35,330|25,586|35,521|96,437|
|Designated|fund—|Brook Street Building|||||||
|Fixed Asset|fund||||318,094|(2,878)||315,216|
|Designated|fund—|Renovation||fund|180,281||(180,281)||
|Designated|fund—|Repairs fund|||20,000|(7,071)|27,071|40,000|
|Designated|fund-|Reserve|fund||60,000|||60,000|
|Designated|fund-|Donated|for|events||802||802|
|Designated fund-||Property|Improvements|||(1,626)|195,186|193,560|
|Fixed Asset fund|||||||||
||||||613,705|14,813|77,497|706,015|
|Restricted funds|||||||||
|GBSLEP Online Shop Research||||&|||||
|Development|||||(550)|(728)|1,278||
|Governance|Review|||||(15)|15||
|Renovation|fund|||||78,790|(78,790)||
||||||(550)|78,047|(77,497)||
|TOTAI. FUNDS|||||613,155|92,860||706,015|
##
||||||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||resources|expended|losses|in funds|
||||||||f|f|f|f|
|Unrestricted||funds|||||||||
|Unrestricted||fund||—General||fund|310,088|(287,343)|2,841|25,586|
|Designated||fund|-|Brook Street Building|||||||
|Fixed Asset||fund||||||(2,878)||(2,878)|
|Designated||fund|—Repairs fund|||||(7,071)||(7,071)|
|Designated||fund|—Donated|||for events|802|||802|
|Designated||fund|-|Property||Improvements||(1,626)||(1,626)|
|Fixed Asset||fund|||||||||
||||||||310,890|(298,918)|2,841|14,813|
|Restricted|funds||||||||||
|Prize fund|||||||6,150|(6,150)|||
|GBSLEP Online Shop|||||Research &||||||
|Development|||||||3,000|(3,728)||(728)|
|Ladywood|Community||||Centre Project||3,000|(3,000)|||
|Governance||Review|||||4,500|(4,515)||(15)|
|Renovation||fund|||||142,623|(63,833)||78,790|
|Women Artist Catalogue|||||||1,500|(1,500)|||
||||||||160,773|(82,726)||78,047|
|TOTAL FUNDS|||||||471,663|(381,644)|2,841|92,860|
##
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