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2023-03-31-accounts

Trustees BCassani
YDe Nardo (Appointed 16February
2023)
GW Mccaig (Appointed 6October 2022)
M Maynard
M S Hudson
DJ Harradine
P H Montes De Oca
M0 Hollander
(Appointed
(Appointed
6October 2022)
6October 2022)
J Milburn
Secretary Mr BSharma
Chief executive officer WEringa
Charity number 701624
Company number 02319572
Registered office 3St.Peters Buildings
St.Peters Square
Leeds
LS96AH
Auditor Henton 8 Co LLP
Northgate
118North Street
Leeds
England
LS2 7PN

Page
Trustees' report 1-7
Independent
auditor's
report 8- 10
Statement offinancial activities 11 - 12
Balance sheet 13 - 14
Statement ofcash flows 15
Notes to the financial statements 16-30

Current financial year
Unrestricted Restricted Total Total
funds funds
Notes 2023
f
2023f 2023
f
2022f
income an
end
wme
from.
Donations
and legacies
Charitable
activities
Other trading
activities
383,807
38,098
1,956
319,380 703,187
38,098
1,956
859,376
56,841
446
investments
Other income
168,861
5,809
168,861
5,809
147,725
13,624
Total income 598,531 319,380 917,911 1,078,012
gZgeenei~ur
0:
Raising funds 7 169,383 169,383 173,176
Charitable
activities
544,986 358,704 903,690 864,837
Other expenditure 12 (184,298)
Total expenditure 714,369 358,704 1,073,073 853,715
Net (outgoing)/incoming resources before transfers (115,838) (39,324) (155,162) 224,297
Gross transfers
between
funds 143,330 (143,330)
Net income/(expenditure) for the year/
Net movement
in funds
27,492 (182,654) (155,162) 224,297
Fund balances at 1 April 2022 601,187 1,397,767 1,998,954 1,774,657
Fund balances at 31 March 2023 628,679 1,215,113 1,843,792 1,998,954

Prior financial year
Unrestricted Restricted Total
funds funds
Notes 2022f 2022f 2022f
In
me and endowme
from:
Donations
and legacies
340,798 518,578 859,376
Charitable
activities
56,841 56,841
Other trading
activities
446 446
Investments 147,725 147,725
Other income 8,646 4,978 13,624
Total income 554,456 523,556 1,078,012
~Ex e (IIIttzgg(U
Raising funds
7 173,176 173,176
Charitable
activities
581,286 283,551 864,837
Other expenditure 12 (184,298) (184,298)
Total expenditure 570,164 283,551 853,715
Net (outgoing)/incoming resources before transfers (15,708) 240,005 224,297
Net income/(expenditure) for the yearl
Net movement
in funds
(15,708) 240,005 224,297
Fund balances at 1 April 2021 616,895 1,157,762 1,774,657
Fund balances at 31 March 2022 601,187 1,397,767 1,998,954

2023 2022
Notes 6 f
Fixed assets
Tangible assets
Investment
property
14
15
660,792
250,000
658,809
250,000
Current assets 910,792 908,809
Debtors
Cash at bank and in
hand 16 77,704
942,935
67,836
1,177,739
Creditors: amounts falling due within 1,020,639 1,245,575
one year 17 (87,639) (155,430)
Net current assets 933,000 1,090,145
Total assets less current liabilities 1,843,792 1,998,954
Income funds
Restricted
funds
19 1,215,113 1,397,767
d
Designated
funds
General unrestricted
funds 20 206,000
422,679
212,000
389,187
628,679 601,187
1,843,792 1,998,954

2023 2022
Notes E E
Cash flows from operating activities
Cash (absorbed
by)/generated
from 24
operations (396,267) 130,643
Investing
activities
Purchase oftangible
fixed assets
Investment
income received
(7,398)
168,861
(6,247)
147,725
Net cash generated
from
investing
activities 161,463 141,478
Net cash used in financing activities
Net (decrease)/increase in cash and cash
equivalents (234,804) 272,121
Cash and cash equivalents at beginning ofyear 1,177,739 905,618
Cash and cash equivalents at end ofyear 942,935 1,177,739
The notes on pages 16to 30 form part ofthese financial statements.

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Unrestricted Unrestricted
funds funds
2023 2022
6
Fee income from weekly classes
Boxoffice income
Artist services and project management
Other income from charitable
activities
17,382
17,911
2,805
14,187
20,572
8,236
13,846
38,098 56,841

Unrestricted Unrestricted
funds funds
2023 2022
6 6
1,956 446

Unrestricted Unrestricted
funds funds
2023 2022
6
Rental
Studio
Interest
income
& meeting
receivable
room hire 81,441
82,724
4,696
72,617
73,360
1,748
168,861 147,725

Raising fun ds
Unrestricted Unrestricted
funds funds
2023 2022
6 6
F ndraisin and licit
Direct Staff Costs 53,370 58,363
Costs ofgoods sold 1,872 2,855
Support costs 114,141 111,958
169,383 173,176
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Supportcosts
Support Governance 2023 Support Governance 2022
costs
f
costs
f
costs
f
costs
f
Staff costs 191,355 6,833 198,188 146,483 3,366 149,849
Depreciation 5,415 5,415 5,873 5,873
Premises costs 59,230 59,230 99,884 99,884
Office running costs 75,542 75,542 47,478 47,478
Marketing 20,941 20,941 32,107 32,107
Other costs 27,986 27,986 1,367 1,367
Audit fees 10,000 10,000 10,150 10,150
Legal and professional 8,598 8,598 3,300 3,300
Accountancy fees 5,013 5,013 7,523 7,523
Trustee expenses 214 214 2,399 2,399
380,469 30,658 411,127 333,192 26,738 359,930
Analysed
between
Fundraising 114,141 114,141 111,958 111,958
Charitable
activities
266,328 30,658 296,986 221,234 26,738 247,972
380,469 30,658 411,127 333,192 26,738 359,930

The average
monthly
number
ofemployees
duding th
e year was:
2023 2022
Number Number
Raising funds 2 2
Chaditable
activities
23 22
Supoprt activites 5 5
Total 30 29

11 Employees (Continued)
Employment
costs
2023 2022
6
Wages and salaries
Social security costs
Other pension costs
421,213
35,895
13,118
365,329
24,257
10,704
470,226 400,290
Total Unrestricted
funds
2023 2022
6 f
Release ofprovision (184,298)

14 Tangible fixed assets Tangible fixed assets
Freehold Plant and Total
propertyf machinery
E
Cost
At 1 April 2022 1,174,091 157,852 1,331,943
Additions 7,398 7,398
At 31 March 2023 1,174,091 165,250 1,339,341
Depreciation and impairment
At 1 April 2022 530,138 142,996 673,134
Depreciation charged in the year 5,415 5,415
At 31 March 2023 530,138 148,411 678,549
Carrying
amount
At 31 March 2023 643,953 16,839 660,792
At 31 March 2022 643,953 14,856 658,809

Investment
property
2023
E
Fair value
At 1 April 2022 and 31 March 2023 250,000
2023f 2022
E
Freehold 250,000 250,000
16 Debtors
2023 2022
Amounts falling due within one year: E E
Trade debtors 29,474 11,948
Prepayments and accrued income 48,230 55,888
77,704 67,836

Creditors: am ounts
falling due within one year
2023 2022f
Other taxation
and social security
Trade creditors
Other creditors
Accruals and deferred income
28,747
24,660
7,938
26,294
22,496
103,747
7,133
22,054
87,639 155,430

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Movement
in funds
Balance at Incoming Balance at Transfers Balance at
1April 2021 resources 1April 2022 31 March 2023
E E E E E
Freehold property improvement 193,500 193,500 193,500
Development
fund
Juncture
festival fund
12,500
6,000
12,500
6,000
(6,000) 12,500
212,000 212,000 (6,000) 206,000

Juncture
festival
fund
celebration
in December
—Residual
incom
2022.
e
which
is d
ue to be all ocated
to the
charity's
40th
anniversary
Analysis of net assets between funds
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2023 2023 2023 2022 2022 2022
E E E E E E
Fund balances at 31
March 2023 are
represented
by:
Tangible assets 16,839 643,953 660,792 14,856 643,953 658,809
Investment
properties
Current
assets/(liabilities)
611,840 250,000
321,160
250,000
933,000
586,331 250,000
503,814
250,000
1,090,145
628,679 1,215,113 1,843,792 601,187 1,397,767 1,998,954

23 Related party transactions
A meeting
room was hired during
the year by P Higgins, a trustee of the charity. The total income received
in
relation to this was XXX(2022:5178).
24 Cash generated
from operations
2023 2022f
(Deficit)/surpus
for the year
(155,162) 224,297
Adjustments
for:
Investment
income recognised
in
statement offinancial activities (168,861) (147,725)
Depreciation
and impairment
oftangible
fixed assets 5,415 5,873
Movements
in working
capital:
(Increase)/decrease
in debtors
(9,868) 164,415
(Decrease)/increase
in creditors
(67,791) 68,081
(Decrease)/increase
in provisions
(184298)
Cash (absorbed
by)/generated
from operations (396,267) 130,643
25 Analysis ofchanges
in net funds
The charitable
company
had no debt during
the year.