2022-03-31-accounts - 198 Contemporary Arts And Learning Ltd

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				Page
Reference and administrative		details
Report ofthe trustees			2	to	4
Independent examiner's report
Statement offsnancial	activities
Statement offinancial	position		7	to	8
Statement ofcash flows
Notes tothe statement	ofcash	flows		10
Notes to the flinancial	statemeats		11	to	19
Detailed statement of	fiaancial	activities	20	to	21

		FOR THE Y	EAR E	NDED 31STM	ARCH 2022
						2022	2021
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes	8	8	8	g
INCOME	AND ENDOWMENTS FROM
Donations	and legacies		2	68,137	1,000	69,137	26,183
Charitable	activities
Charitable	Activities			219,318	194,974	414,292	245,384
198Re-development							543,000
Investment	income					4	23
Total				287,459	195,974	483,433	814,590
EXPENDITURE ON
Charitable	activities
Charitable	Activities			262 007	51360	313367	2~68 15
NKT INCOME				25,452	144,614	170,066	546,436
Transfers	between funds		I7	~36475	38,475
Net movement in funds				(13,023)	183,089	170,066	546,436
RECONCILIATION		OF FUNDS
Total funds brought forward				(29,518)	1,599,948	1,570,430	1,023,994
TOTAL FUNDS CARRIED FORWARD				~42,541)	1,783,037	1,740,496	1,570,430

				2022	2021
			Notes	8
Cash flows from operating activities
Cash generated from operations				152,492	867,094
Net cash provided by operating activities				152,492	867,094
Cash flows from investing	activities
Purchase oftangible fixed interest received	assets			(191,041) 4	(961,928) 23
Net cash used in investing	activities			(191,037)	(961,905)
Cash Ilows from financing	activities
New loans in year					81,000
Net cash provided by financing activities					81,000
Chaage in cash and cash equivalents		in
the reportiag period Cash and cash equivalents	at the			(38545)	(13,811)
beginning ofthe reporting	period			79,870	93,681
Cash and cash equivalents	at the end	of
the reporting period				41,325	79,870

RECONCILIATIO ACTIVITIES	N OF NE	T INCOME TO NET CASH FLOW FR	OM OPERATING
			2022	202]
Net htcome lor the	reporting	period (as per the Statement of
financial activities) Adjustments for:			170,066	546,436
Depreciation charges Interest received (increase)/decrease in debtors (Decrease)/increase in creditors			6,501 (4) (19,900) (4.171)	8,668 (23) 310,578 1,435
Net cash provided	by operations		152,492	867,094

		At 1.4.21	Cash flow	At31.3.22
Net cash
Cash at bank		79,870	(38,545)	41,325
		79,870	(38,545)	41,325
Debt
Debts falling due afler	1 year	(81,000)		(81,000)
		(81,000)		(81,000)
Total		(1,130)	(38,545)	(39,675)

	DONATIONS AND LEGACIES
				2022	2021
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Workshop income Art Sale Project management Sundry income Gifts 61Donations Consultancy Income Equipment Sale Hire of198Gallery premises	975 8,201 621 10,268 48,072	1,000	975 8,20] 621 11,268 48,072	4,286 150 1,330 5,131 1,050 14,236
		68,137	1,000	69,137	26,183
3.	INVESTMENT INCOME
				2022	2021
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Deposit account interest	4		4	23
4.	GRANTS RECEIVABLE FOR CORE	ACTIVITIES
				2022	2021
				Charitable	Total
				Activities	activities
	BigLottery Fund (HLF) BigLottery Fund - Awards for All Arts Council England, London London Borough ofLambeth Walcot Foundation The Jack Petchey Foundation Community Development Foundation Arts Council Grant -GFTA Power to Change CBF Greater London Authority Lambeth Adult Learning The Cockayne Trust The Phoenix Fund			8,710 84,376 241,216 45,682 1,700	8 34,840 10,000 68,820 251,502 1,000 5,750 44,966 68,375 234,659 28,472 25,000
	Kickstart scheme Development Trust The Span Trust			13,108 17,000 2,500	15,000
				414,292	788,384

CHARITABLE ACTI
	Direct	Support
	Costs (see	costs (see
	note 6)	note 7)	Toteks
Charitable Activities	309,245	g 4,122	313,367
DIRECT COSTSOFCHARITABLE ACTIVITIES
		2022	2021
Staffcosts Utilities - gas, light, rates and water Insurance Telephone and broadband Printing, postage It stationery Artist fee and materials Consultancy Exhibition expenses Project material Furniture and equipment consumable Cleaning		8 100,481 7,234 5,204 798 9,043 6,300 75,559 7,645 5,474 17,385 4,416	86,581 8,097 7,100 874 1,165 46,109 61,708 2,000 7,471 25
Internet and email Training		878 592	349 485
Travel and subsistence Postage and delivery		7,764 75	3,857
Sofhvare expenses Subscription Volunteers Workshop fees Repairs, renewals and maintenance Staffwelfare Hire fees Project Grants paid out PR and Marketing		3,917 7,191 806 4,345 2,143 3,851 173 31,126 344	2,68] 3,193 1,502 2,750 364 1,011 32 8,910
Miscellaneous Expenses Depreciation		6,501	9,454 8,668
		309,245	264,386

SUPPORT	COSTS
					Governance
					costs
					8
Charitable	Activities				4,122
Support costs, included		in	the above, are as follows:
				2022	2021
				Charitable	Total
				Activities	activities
Bank charges				315	265
independent examiner MC ineetings		fee		3,180 627	2,888 615
				4, 122	3,768
NET INCOME/(EXPENDITURE)
Net income/(expenditure)			is stated atter charging/(crediting):
				2022	2021
Depreciation	-owned assets			6,502	8,670

STAFFCOSTS
			2022	2021
Wages and salaries Social security costs Other pension costs			98,756 1,725	81,203 3,666 1,712
			100,481	86,581
The average monthly	number ofemployees	during the year was as fogows:
Core Staff Creative Learning			2022 2 2	2021 2 2

No employees received emolument TANGIBLE FIXEDASSETS	s in excess of$60,000.
		Fixtures
	Freehold	and	Computer
	properly	fittings	equipment	Totals
COST
At 1st April 2021 Additions	1,599,948 183,089	52,367 7,952	178,210	1,830,525 191,041
At 31st March 2022	1,783,037	60,319	178,210	2,021,566
DEPRECIATION
At 1stApril 2021 Charge for year		52,040 124	154,909 6,378	206,949 6,502
At 31stMarch 2022		52,164	161,287	213,451
NET BOOK VALUE
At 31stMarch 2022	1,783,037	8,155	16,923	1,808,115
At 31stMarch 2021	1,599,948	327	23,301	1,623476

DEB	TORS:AMOU1VTS FALLING DUE WI	THIN ONE YEAR
		2022	2021
Trade	debtors
Other	debtors	22,020	2,770
		650
		22,670	2,770

				2022	2021
	Social security and other taxes				1,660
	Other creditors			666	238
	Accrued expenses			3,948	2,888
				4,614	4,786
14.	CREDITORS: AMOUNTS FALLINC DUE AFTER MORE THAN ONE			YEAR
				2022	2021
	Other loans (see note 15)			81,000	81,000
	Pension			46,000	50,000
				127,000	131,000
15.	LOANS
	An analysis ofthe maturity ofloans is	given below:
				2022	2021
	Amounts falling due between two and	five years:
	Other loans - 2-5years			81,000	81,000
16.	ANALYSIS OF NET ASSETSBETWEEN FUNDS
				2022	2021
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
					K
	Fixed assets	25,078	1,783,037	1,808,115	1,623,576
	Current assets	63,995		63,995	82,640
	Current liabilities	(4,614)		(4,614)	(4,786)
	Long term liabilities	(127,000)		(127,000)	(131,000)
		(42,541)	1,783,037	1,740,496	1,570,430
17.	MOVEMENT IN FUNDS
			Net	Transfers
			movement	between	At
		At 1.4.21	in funds	funds	31.3.22
	Unrestricted funds
	General fund	(29,518)	25,452	(38,475)	(42,541)
	Restricted funds
	Restricted fund	1,599,948	144,614	38,475	1,783,037
	TOTAL FUNDS	1,570,430	170,066		1,740,496

					Incoming	Resources	Movement
					resources	expended	in funds
Unrestricted	funds					8	K
General fund					287,459	(262,007)	25,452
Restricted funds
Restricted fund					195,974	(51,360)	144,614
TOTAL FUNDS					483,433	(313,367)	170,066
Comparatives	for movement		in funds
					Net	Transfers
				At 1.4.20	movement in funds	between funds	At 31.3.21
Unrestricted funds						g
General fund				357,987	3,436	(390,941)	(29,518)
Restricted funds
Restricted fund				666,007	543,000	390,941	1,599.948
TOTAL FUNDS				1,023,994	546,436		1470,430
Comparative net	movement	in	funds, included	in the above are	as follows:
					Incoming	Resources	Movement
Unrestricted funds					resources f	expended	in funds 8
General fund					271,590	(268,154)	3,436
Restricted funds
Restricted fund					543,000		543,000
TOTAL FUNDS					814,590	(268,154)	546,436

				Net	Transfers
				movement	between	At
			At 1.4.20	in funds	funds	31.3.22
					g
Unrestricted		funds
General	fund		357,987	28,888	(429,416)	(42,541)
Restricted funds
Restricted fund			666,007	687,614	429,416	1,783,037
TOTAL	FUNDS		1,023,994	716,502		1,740,496

	Incoming	Resources	Movement
	resources	expended	in funds
	g
Unrestricted funds
General fund	559,049	(530,161)	28,888
Restricted funds
Restricted fund	738,974	(51,360)	687,614
TOTAL FUNDS	1,298,023	(581,521)	716,502

F~R E	YEAR ENDED 3]ST	I~ ARCH 2022	l
			2022	2021
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
INCOME AND ENDOWMENTS
Donations and legacies
Workshop income Art Sale Project management Sundry income Gifts dt Donations Consultancy Income Equipment Sale Hire of198Gallery premises	975 8,201 621 10,268 48,072	1,000	975 8,201 621 11,268 48,072	4,286 150 1,330 5,131 1,050 14,236
	68,137	],000	69,137	26,183
Investment income
Deposit account interest				23
Charitable activities
Big Lottery Fund (HLF) BigLottery Fund —Awards for All Arts Council England, London London Borough ofLambeth Walcot Foundation The Jack Petchey Foundation Community Development Foundation Arts Council Grant -GFTA Power to Change CBF Greater London Authority Lambeth Adult Learning The Cockayne Trust The Phoenix Fund Kickstart scheme Development Trust The Span Trust	8,7]0 84,376 46,242 45,682 1,700 13,]08 17,000 2,500	194,974	8,710 84,376 241,216 45,682 1,700 13,108 17,000 2,500	34,840 10,000 68,820 251,502 1,000 5,750 44,966 68,375 234,659 28,472 25,000 15,000
	219,318	194,974	414,292	788,384
Total incoming resources	287,459	195,974	483,433	814,590
EXPENDITURE
Charitable activities
Wages Social security Pensions	98,756 ],725		98,756 1,725	81,203 3,666
Utilities - gas, light, rates and water Carried forward	7,234 107,715		7,234 107,715	1,712 8,097 94,678

		FORTHE	YEAR ENDED 31SThf	ARCH 2 22
					2022	2021
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
					8	8
Charitable activities
Brought forward			107,715		107,715	94,678
Insurance			5,204		5,204	7,100
Telephone and broadband			798		798	874
Printing, postage	fir stationery		9,043		9,043	1,165
Artist fee and materials			6,300		6,300	46,109
Consultancy			24,199	51,360	75,559	61,708
Exhibition expenses			7,645		7,645	2,000
Project material			5,474		5,474	7,471
Furniture and equipment		consumable	17,385		17,385
Cleaning			4,416		4,416	25
Internet and email			878		878	349
Training			592		592	485
Travel and subsistence			7,764		7,764	3,857
Postage and delivery			75		75
Software expenses			3,917		3,917	2,681
Subscription			7,191		7,191	3,193
Volunteers			806		806	1,502
Workshop fees			4,345		4,345	2,750
Repairs, renewals	and maintenance		2,143		2,143	364
Staffwelfare			3,851		3,851	1,011
Hire fees			173		173	32
Project Grants paid out			31,126		31,126	8,910
PR and Marketing			344		344
Miscellaneous Expenses						9,454
Depreciation oftangible		fix+i assets	6,501		6,501	8,668
				51,360	309,245	264,386
Support costs
Governance costs
Bank charges			315		315	265
Independent examiner fee			3,180		3,180	2,888
MC meetings			627		627	615
			4,122		4,122	3,768
Total resources expended			262,007	51360	313,367	268,154
Net income			25,452	144,614	170,066	546,436