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2022-03-31-accounts
| CONTENTS |
PAGE |
| Report of the Trustees |
1 −2 |
| Independent Examiner's Report |
3 |
| Statement of Financial Activities |
4 |
| •Balance Sheet |
5 |
| Notes to the Financial Statements |
6 |
|
Note |
|
|
|
|
|
2022 |
|
2021 |
|
|
Unrestricted |
|
Restricted |
|
|
Total |
|
Total |
|
|
|
Funds |
|
Funds |
|
Funds |
|
Funds |
|
|
|
£ |
|
£ |
|
£ |
|
£ |
| Incoming Resources |
|
|
|
|
|
|
|
|
|
| Subscriptions and Visitors Fees |
|
|
5,680 |
|
|
|
5,680 |
|
4,398 |
| Sponsorship |
|
|
750 |
|
|
|
750 |
|
1,075 |
| Donations |
|
|
611 |
|
|
|
611 |
|
− |
| Bank compensation |
|
|
|
|
|
|
|
|
160 |
| Meetings/Events |
|
|
202 |
|
|
|
202 |
|
|
| Gift aid |
|
|
− |
|
|
|
− |
|
768 |
| Total Incoming Resources |
|
|
7,243 |
|
|
|
7,243 |
|
6,401 |
| RESOURCES EXPENDED |
|
|
|
|
|
|
|
|
|
| Charitable expenditure |
|
|
|
|
|
|
|
|
|
| Lecturers' Fees and Expenses |
|
|
600 |
|
|
|
600 |
|
350 |
| Printing, Postage, Stationery and Telephone |
|
|
221 |
|
|
|
221 |
|
194 |
| Sundries |
|
|
86 |
|
− |
|
86 |
|
− |
| Conservation of paintings |
|
|
− |
|
4,968 |
|
4,968 |
|
|
| Gifts |
|
|
67 |
|
− |
|
67 |
|
− |
| BAFM Membership |
|
|
400 |
|
|
|
400 |
|
387 |
| Examination |
|
|
360 |
|
|
|
360 |
|
360 |
| Total resources expended |
|
|
1,734 |
|
4,968 |
|
6,702 |
|
1,291 |
| NET INCOMING |
|
|
|
|
|
|
|
|
|
| RESOURCES before transfers |
|
|
5,509 |
|
(4,968) |
|
541 |
|
5,110 |
| Transfer between funds |
|
|
|
|
|
|
|
|
|
| Net movement In funds relating to the year |
|
|
5,509 |
|
(4,968) |
|
541 |
|
5,110 |
| Balances brought forward |
|
|
17,259 |
|
15,506 |
|
32,765 |
|
27,655 |
| Balances carried forward |
|
£ |
22,768 |
£ |
10,538 |
£ |
33,306 |
£ |
32,765 |
|
Note |
2022 |
|
|
2021 |
|
| CURRENT ASSETS |
|
|
|
|
|
|
| Current Account |
|
23,128 |
|
17,619 |
|
|
| Deposit Account |
|
− |
|
− |
|
|
| Restricted Account |
|
10,538 |
|
15,506 |
|
|
|
|
33,666 |
|
33,125 |
|
|
| Creditors: Amounts falling due within |
|
|
|
|
|
|
| one year |
2 |
360 |
|
360 |
|
|
| NET CURRENT ASSETS |
|
|
33,306 |
|
|
32,765 |
| NET ASSETS |
|
£ |
33,306 |
|
|
32,765 |
| FUNDS: |
3 |
|
|
|
|
|
| RESTRICTED FUND |
|
£ |
10,538 |
|
|
15,506 |
| UNRESTRICTED FUND |
|
£ |
22,768 |
|
|
17,259 |
| TOTAL FUNDS |
|
£ |
33,306 |
|
|
32,765 |
| **2. ** |
CREDITORS: Amounts falling due within one year |
|
|
|
|
|
|
2022 |
2021 |
|
Accruals |
|
360 |
360 |
| **3. ** |
FUNDS |
|
|
|
|
|
Unrestricted |
Restricted |
Total |
|
|
Funds |
Funds |
Funds |
|
Balance at 1 April 2021 |
17,259 |
15,506 |
32,765 |
|
Net resources for the year |
5,509 |
(4,968) |
541 |
|
Balance at 31 March 2022 |
22,768 |
10,538 |
33,306 |