COMPANY REGISTRATION NUMBER: N1053341
CHARITY REGISTRATION NUMBER: NIC101068
The Void Art Centre
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2023

The Void Art Centre
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2023
Page
Trustees, annual report (incorporating the director's report)
Independent examinels report to the trustees
Statement of financial activities (including income and
expenditure account)
11
12
Statement of financial position
Notes to the financial statements
13
14

The Void Art Centre
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31 March 2023
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 31 March 2023.
Reference and administrative details
Registered charity name
The Void Art Centre
Charity registration number
NIC101068
Company registration number N1053341
Principal off ice and reglstered 10 Waterloo Place
office
Derry
BT48 6AF
United Kingdom
The trustees
Ms H Quigley
E Mccann (Chair)
Mr A Kelly
Mr P Kealey
Ms F Mccall
Mr S Kissane (Treasurer)
Mr S Birney
Company secretary
Philip Adrian Kealey
Independent examiner
Patrick Durkan F.C.C.A.
Office 8 Springrowth House
Balliniska Road
Derry
BT48 OGG
Structure, governance and management
The organisation is a charitable company limited by guarantee. incorporated on 15 December 2004
and accepted as a charity by HMRC under reference XR69455. The company was established under
a Memorandum of Associab'on which established the objects and powers of the charitable company
and is governed under its Articles of Association. In Ihe event of the company being wound up
members are required to contribute an amount not exceeding £1.

The Void Art Centre
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (continued)
Year ended 31 March 2023
Objectives and activities
Void exisls to present the contemporary visual arts and to support artists, through a programme of
exhibitions, related educational and outreach activities from a national and international perspective.
Vision
To promote challenging contemporary art: to make it accessible to all. to encourage active
participation and to position Void at the heart of the region's visual culture.
Aims
To enh8nce and develop contemporary art locally. nationally and internationally.
To support artists in the development of their own creative practices.
To create programmes and provide facilities that encourage people to pursue art as a career
choice.
To be active in all aspects of visual cultural development in the city.
To provide additional resources in order to engage a wider audience and make contemporary art
more accessible.
To encourage critical appreciation of and active particlpation in contemporary art practice.

The Void Art Centre
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) rcontinued)
Year ended 31 March 2023
Achievements and performance
Throughout 2022123 Void exhibited the work of:
Date
09 April 22- 04 June 22
25 June 22 - 27 August 22
Artist
Description
Black Med Secco
Invernomuto
J Kazimi, K Khademi,M Torres, E
Ozgen
Above us the Milky Way
Being in a place.. Portrait of
Margaret Tait.
Fk)tsam, Jetsam, Lagan and
Derelict
Re_sett_ing_s
10 September 22 - 29 October
22
19 November 22 - 18 February
23
4 March 23 - 3 June 23
Luke Fowler
Isabel Nolan
Locky Morris & Jaki Irvine
In April/June 2022 Void Art Centre presented BLACKMED SECCO, a solo exhibition by Invernomuto, the
name of the artistic personality created in 2003 by Simone Bertuzzi and Simone Trabucchi. For their
exhibition at Void, Invernomutol created an immersive 50nic, physical and visual environment
referencing the Mediterranean basin. Block Med is an online platform that Is an archive of music that is
compiled by Invernomuto and a vast array of invited artists and contributors. This music archive
demonstrates the dynamic, multi-cultural sounds and music that emerge from this region and beyond.
The intention of the project was to create an open and live system so anyone can upload new sounds
into it: the goal 15 to have a growing archive, a Block Med magma, which constantly evolves. This
project was developed in partnership with the Italian Embassy.
2022 marked the 50th anniversary of Bloody Sunday, an atrocity that is central to the history of the
conflict in the North of Ireland and in Derry. There are parallels with the ongoing conflicts and human
right5 abuses that we see across the Middle East. 2022 marked also the first anniversary of the
withdrawal of US troops from Afghanistan which has led to a humanitarian crisis there. As with the
conflict in Northern Ireland this has led to displacement of people, the killing of innocent civilians and
the devastation of communities.
In June/ August 2022 Void Art Centre presented 'Above us the Milky WaV- Thi5 project included various
artists.
In June we also installed Alan Phelan's RGB Hyacinth in Brook Park and David Beattie's Slowtime work
both projects were part of the DFA funding received pre- Covid. We would hope to apply to the DFA for
funding in 2022 for more offslte projects.
In Sept 2022 we able to improve our spaces thanks to Health & Safety Capital Uplift Programme. With
the equipment we were able to acquire, we have increased our safety from a physical and GDPR
standpoint. Exarnples of this include: a mobile phone for the gallery. This means that all communication
and photos of any young people is held to best practice from both a GDPR standard and a safeguarding
requirement. In addition, the storage heaters have proved incredibly important for the safe working
environment in the offices and the 5Ci5sor lift has assured that we can provide a safe environment for
our technicians working at height. As we have 5- metre-tall ceilings and have hung

The Void Art Centre
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
artworks and projectors from the ceiling in the last 4 out of 5 shows, this investment has been
hugely important.
In September/October presented Being in a ploce, the first-ever feature length portrait of Orcadian
filmmaker-poet Margaret Tait by Glasgow based artist-filmmaker Luke Fowler. Drawing on a wealth of
unseen archival material and unpublished notebooks- Being in a place weave5 a complex and personal
portrait of Margaret's life from the perspective of a fellow artist sensitive to the potential Margaret
envisaBed for film as a poetic medium. These materials will provide a new and nuanced understanding
of her work, whilst also casting light on her unique lived experience as a doctor turned female
independent filmmaker, living in Edinburgh and Orkney from the 1950,5 to her death in 1999. This
project was realised in partnership with AEMI, Lux Scotland
At the end of the year Void Art Centre presented Isabel Nolan with an interesting video installation
realised in partnership with Kerlin Gallery and Henry Moore foundation
And finally the last show of this financial year was a collaborative one since Void invited Locky Morris
and Jaki Irvine to work together to expand on their exhibition RE_SErr INGS, exhibited in the Complex
Gallery, Dublin 2021. For this exhibition, Locky Morris and Jaki Irvine explored the digital realm, a nd its
absorption into our everyday lives, The slippa8e between the two worlds was explored through a
layering of both film and digitally created work5. It is an exploration of the potentiality and endemlc
nature of the digital age.
The site-specific works in the gallery explored the relationship between digital space and real space.
ExpandinE outwards, the idea of the digital became a conduit through which to consider the sonic
possibilities of the material, cablin& communication, and connection.
For this project we were also awarded the Digital Evolutlon Award -ACNI. Jaki and Locky collaborated
on the works, a new way of working for both artists, by utilising digital technology in the form of CGI,
sound, 3D models, and film works. The installation created an immersive layering of sound and digital
works that was presented on flat screen monitors. Expanding outwards, the idea of the digital becomes
a conduit through which to consider the sonic possibilities of the material, cabling, communication, and
connection. The digital works in the gallery coincided with a digital billboard off the Culmore Road and
Garden City junction. This brought the digital works into real space. The digital world and fabrication of
work was a new departure for both artists and the skills gained throughout can be seen in the
execution of the show and offsite billboard alike.
The public programme engaged new audiences and inspired our existing audience5 also. The works on
show inspired two performances, one an established and actively touring electronic musician and one
of our youth programme participants to produce and perform his first electronic music set in Void's
education space. This was in addition to digital animation workshops, and a collaborative digital
photography workshop resulting in physical zine facilitated by one of the exhibiting artists.
In addition, the support for new flatscreen monitors meant we were able to show the works to an
excellent quality, and we can more easily Show quality digital work in the future. The specs of the flat

The Void Art Centre
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 March 2023
screens are compatible with recent technology and we are able to showcase contemporary works
with them far into the future.
Due to the departure from the post of Sara Bint Moneer Khan in March 2023, former director Mary
Cremin appointed Zoe Mc Parron as Interim Head of Programme5 in April 2023.
A new director has been appointed and will start in May 2023: Viviana Checchia.
The Engage Programme:
Throughout 2022-23, we worked in collaboration with a wealth of local and international artists,
curator5, organisations, researchers, creatives, community partners, educational groups, local and
marginalised communities and the public to develop an expansive Void Engage programme of
workshops, performances, events, screenings, discussion sessions, talks and lectures, engaging over
7,500 people.
In the post-pandemic context of 2022, comfortable and slowly evolving in-per50n engagement was
our main objective for Void Engage in 2022. Concurrently, we also recognised and reflected upon the
benefits afforded by digital and remote programming for our audiences in recent years. With this in
mind, throughout 2022-23, we continued to implement a hybrid programming approach of in-
person, online and remote delivery elements. This allowed us to maintain the work we developed
during the pandemic with our further afield, restricted and marginalised audiences, to work with
international speakers, artists and creatives Without requiring considerable travel budgets and to
continue widening our audience base, reachin8 beyond Derry and it5 Surrounding area.
Key successes in 2022-23 include Void Visionaries Void's youth programme devised by and for
young people aged 15-20 years old. Through funding from The Arnold Clark Foundation, Austin Hope
and Pilkington, The Ireland Funds and The National Lottery Community Fund, we have been able to
ontinue working in collaboration with young people to support their ideas and passions, facilitatin8
a programme of workshops, leadership and networking opportunities, research trips and creative
career and artist talks in response. Throughout 2022-23 the group doubled in member size, engaged
in over 35 dedicated interactions, planned and hosted their second group exhibition in October 2022
and are currently planning their third, having recently just launched an open call for other young
people to submit work towards. In September 2022, six of our members also completed their Silver
Arts Award {an RFQ level 2 art5 award). This was made possible through the Arts Award Access Fund.
The RG8 Hyacinth, a crowd-sourced sculpture made by artist Alan Phelan and over 60 residents from
Derry and beyond during the pandemic. was installed in Brooke Park, Derry, between June and
August 2022. This project celebrated isolated-collective activity, mirroring many public health slogans

The Void Art Centre
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
used during lockdowns of 'staying apart but working together,. The sculpture marked the shared
experience of this difficult period of time. This project was funded by the Department of Foreign
Affairs and Trade, the Government of Ireland and supported by Derry City and Strabane District
Council and GB Engineering. In response to the installation, we ran a children's sculpture making
summer art boot camp in July 2022, made possible through fundin8 from the Ragdoll Foundation.
Through support from the Ragdoll Foundation. we have been able to further develop our children
and families programme throughout 2022-23 of Void Tots and Curiosity Club sessions and a series of
artist-led workshops. In addition to our existing programme, since April 2022, we have also
developed and printed drawing booklets inspired by each of our exhibitions. The booklets offer an
opportunity to explore art in a fun and experimental way as visitors can self-direct around the gallery
while engaging with a variety of different drawing exercises inspired by the exhibition. These are
free, suitable for all ages, and available at the front desk throughout the whole duration of each of
our exhibitions. Throughout 2022-23, the drawing booklets were also used by a variety of different
engagement groups during their visits to Void enabling us to develop our school and community
partnerships.
At the beginning of 2022, we continued to run our Curiosity Club sessions as bookable one-hour
family slots. In July 2022, we felt comfortable to alter these to become family drop-in sessions
instead, allowing kids and families to en8a8e with their peers while they self-direct around the space.
These proved extremely popular.
Between May and June 2022, wlth support from the Ragdoll Foundation, we commissioned Kippie
Production5 to work with a group of young people from The Playtrail. During this time, the group
worked with Kippie to design and create an interactive story prompt game called 'Make it upl, which
was further showcased in Void's education space from 28 September- 04 October 2022.
After running three individual sets of pilot workshop projects throughout 2021, with a group of ladies
who are service users of Foyle Women5 Aid, from the beginning of 2022 we have been able to
develop these into weekly 5e55ions Wlth the group, led by Sinead Crumli5h, thanks to SUPPOrt from
the Bank of Ireland, Begin Together Fund. Foyle Women's Aid exists to eliminate domestic abuse and
sexual violence, through raising awareness and preventive educational advice and support. These
weekly workshops offer a lifeline for the participants and will continue into 2023.
From the beginning of 2022, we worked in collaboration with Rewind Fastfoward Record IRFRI and
The Rainbow Project to facilitate 3 programme in the lead-up to and during Foyle Pride Week 2022,
which focused on 'outing the pride history of Derry,. This consisted in a series of banner-making,
discursive sessions and archiving workshops, a walking tour of Derry themed around its Pride history
led by Eimear Wallace and an exhibition of work created throughout the project and content from

The Void Art Centre
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (continued}
Year ended 31 March 2023
Derry's Pride archive in Void's Education Space at the end of August, curated by RFR.
In collaboration with The Douglas Hyde Gallery of Contemporary Arts, Void launched the North South
Visual Arts Network (NSVANI in May 2022. The network includes 27 art5 organisations who meet to
exchange knowledge. skills, programmes and ideas and attend seminars and workshops, with
contribution5 from international and national groups or experts every few month5. It aims to
establish long-term connections between arts organisations from the North and South of Ireland, and
to develop organisational resilience as sUPPOrt and advice is circulated to directors and their teams in
the face of change and uncertainty. Throu8hout 2022-23, the network hosted 10 online sessions and
l in-person event. In December, the Sustainable Futures conference was presented by the N5VAN
initiative at the Douglas Hyde Gallery in Dublin, featuring talks from Katrina Brown {founding Director
of The Common Guild in Glasgowl, Annie Fletcher (Director of IMMA in Dublin), Rosie Cooper
(Director of Wysing Arts Centre in Cambridgeshire) and Gabi Ngcobo {Cur3torial Director of the Javett
Art Centre at the University of Pretoria). This programme wa5 5UPPOrted by the Community All Island
Fund.
Throughout 2022-23, we invited a range of national and international speakers, screened a variety of
films and commissioned performances to further develop the ideas in the exhibition programme.
Events included: Mary Cremin in conversation with researcher Manuela Pacella, an online talk with
Mattia Capelletti, online screenings of Wolf and Sheep12016), Siddiq Barmak's Osama (2003) and
Eshk Wa Dosti119461, Mary Cremin in conversation with Erkan Ozgen, Mary Cremin in conversation
with Parawana Haydar and Sahar Fetrat, Mary Cremin in conversation with Luke Fowler, a talk and
film programme presented by Sarah Neely, a talk and screening event with Peter Todd, Isabel Nolan
in conversation with Declan Long, a performance by Belinda Quirke and Isabel Nolan and Jaki Irvine
and Locky Morris in conversation with Anne Tallentire.
2022 was also the first year that Void took part in the Northern Ireland Mental Health Arts Festival,
the WAIWAV project and hosted part of the Jarman Award Film Screenings.
Social media
In order to reach a wider audience, thi5 year we started to broadcast some of our relevant events on
Instagram Live, increasing our audience for event5 by 300% across our spoken word evenings, artist
in-conversations, etc.
We have been developing our online presence and how we communicate effectively and efficiently,
using a weekly What's on post to share our events and exhibitions each week, as well as Reels and

The Void Art Centre
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Stories where we utilise video content and link through to our events for bookings.
Press
Void increased it5 V151 bility both locally, nationally and internationally by securing prominent
positions in key publications and radio programmes such as Frieze Magazine, Visual Artists Ireland,
RTE'S Culture File on Lyric FM. The Culture Cafe on BBC Radio Foyle, and regular features in the Derry
Journal and on The Mark Patterson Show on BBC Radio Foyle, where we have been able to connect
with our local audience.
Outreach
Since COVID, many of our regular visual arts community members have been anxious about returning
to the gallery for openings and other events, and personal outreach has been a successful approach
in the last year to encourage this key audience back into the gallery. It has helped to foster a more
personal relationship between the visual arts audience and the gallery.
In 2022, we did a trial run of Lunchtime Tours, in conjunction with the CCA Derry~Londonderry; it is
our aim in 2023124 to develop this idea further and work with local tour operators and the tourist
board Visit Oerry.
Offline publicity
With the cessation of COVID, Void have been able to reestablish its offline publicity strands, with the
acquisltion of a complimentary advertising space at the side of St Columb'5 Hall near the Foyleside
Shoppin8 Centre; this is a large-scale poster display area where we advertise our annual exhibition
programme and is seen by the multitude of Derry's local populace.
We have also begun to publish postcard flyers and posters which we distribute around key locations
throughout the city. We include a QR code on these which links to our What's On website page and
this has proven to be an effective way to reach a local audience with our ambitious public
programme. The physical publicity materials are a crucial way to reach people who may not engage
online or even have access to the internet.
We have also begun to create a full Void Engage brochure which is where we provide full details of
our public programme. These are available in the gallery space and have proven to be a popular and
effective way to communicate our programme of events.

The Void Art Centre
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 March 2023
Website
In 2022123, we have worked towards improving our website, creating a new Set of filtered options
for our Whavs On page that enables visitors to more easily access the information they want quickly.
We aim to continue improving the speed and efficacy of our site going forward, depending on
available funding streams, including a dedicated Learning section which will see a clear home for
information regarding the prolific work done in the form of tours and workshops with schools,
colleges, universities, as well as community groups. As part of this, we will have an area where
people can learn about volunteering opportunities.
Eventbrite is an effective way in which we promote our events and we use this as a way for people to
book onto them. We have been using our Eventbrite events to link through from our website and are
looking for a way that we can automatically link up our Eventbrite events with the website and
create greater efficiency. This will also mean that we can use the website as our primary linking
source of information and booking without additional steps,, it should help us to increase our footfall
to the website and also our event bookings. We also intend to create a calendar-style approach to
our website whereby people can easily see events which are on over the Course of a month.
Financial review
Total Income for the year was £340,382, of which £308.334 was generated from charitable activities. Tolal
Expendilure was £354,724. The balance of totsl funds al the year end was £94,111, of which £33,550 was
Unreslricled and £60,561 Restricted.
The Trustees consider it prudent to hold monies in reserve in the evenl that unforeseen circum5tance5 should
lead lo financial difficulties which might jeopardise the future of Ihe charity.
The trustees have examined Ihe requiiemenl for reserves in the light of the main risks lo the organisalion and
established a formal policy. that £51.000 should be Ihe target level for unrestricted reseNes. The unrestricted
reserves at the year end were £33,550. The Trustees are striving to attain and exceed this tar9el. sp that they will
be able to continue the current activities of Ihe charity.
The principal funding sources for the charity are currently by way of grants. The main funders for the
year were:
Arts Council of Northern Ireland
Derry City & Strabane District Council
Future Screens Fund
The Foundation Foundation
Begin Together Arts Fund
Ireland Fund

The Void Art Centre
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2023
Plans for future periods
Viviana Checchia will get in post and she will update about new plans.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to
the small companies exemption.
The trustees, annual report was approved on 171h August 2023 and signed on behalf of the board of
trustees by-
Helen Quigley
Trustee
10-

The Void Art Centre
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of The Void Art Centre
Year ended 31 March 2023
I report to the trustees on my examination of the financial statements of The Void Art Centre ('the
charity,) for the year ended 31 March 2023.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are
responsible for the preparalion of the financial statements in accordance with the requirements of
Charities Act (Northern Ireland) 2008 (the '2008 Act) and the Companies Act 2006 ('the 2006 Act,).
You are satisfied that the accounts of the company are not required by charity or company law to be
audited and have chosen instead to have an independent ex8mination.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
the charity's financial statement5 as carried out under section 65 of the 2008 Act. In carrying out my
examination I have followed the general Directions given by the Charity Commission for Northern
Ireland under section 65(9)(b) of the 2008 Act.
Independent examinerfs statement
Since Ihe charity's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 65 of Ihe 2008 Act. I confirm that l am qualified to undertake the examination because
l am a member of the Association of Chartered Certified Accountants, which is one of the listed
bodies.
I have cornpleted my examination. I confirm that no matters have come to my attention in connection
with my examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 386 of the
20C6 Act; or
the financial slatements do not accord with those records., or
the financial statements do not comply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fair, view which
is not a matter considered as part of an independent examination; or
the financial statements have not been prepared in accordance with the methods and
principles of the Staternent of Recommended PractTrce for accounting and reporting by
charities applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland {FRS 102).
I confirm that there are no other matters to which your attention should be drawn to enable a proper
understanding of the accounts lo be reached.
Patrick Durkan F.C.C.A.
Independent Examiner
Office 8 Springrowth House
Balliniska Road
Derry
BT48 OGG

The Void Art Centre
Company Limited by Guarantse
Statement of Financial Activities
{including income and expenditure account)
Year ended 31 March 2023
2023
Restricted
funds Total funds Total funds
2022
Unrestricted
funds
Note
Income and endowments
Donations and legacies
Other trading activities
Total income
211,820
32,048
96,514
308,334
32,048
293,698
13,670
243,868
96,514
340,382
307,368
Expenditure
Expenditure on charitable activities
Other expenditure
Total expenditure
237.734
8.241
105,904
2,845
108,749
343,639
11,086
287,459
10.974
245.975
354,724
298.433
Net (expenditure)lincome
(2,107)
(12.235)
(14,342)
8,935
Transfers between funds
(2.458)
2.458
Net movement in funds
(4.565)
(9,777)
{14,342)
8,935
Reconciliation of funds
Total funds brought forward
Total funds carried forward
38,115
70,338
60.561
108,453
99,519
108,453
33,550
94.111
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
12

The Void Art Centre
Company Limited by Guarantee
ststement of Financial Position
31 March 2023
2023
2022
Note
Fixed assets
Intangible assets
Tangible fixed assets
15
16
12,694
36,345
14,906
26,753
41,659
49,039
Current assets
Debtors
Cash at bank and in hand
17
21,579
48,366
69,945
30,667
65,463
96,130
Creditors: amounts falling due within one year
Net current assets
18
24,873
29.336
45,072
66,794
Total assets less Gurrent liabilities
94,111
94.111
108,453
108,453
Net assets
Funds of the charity
Restricted funds
Unrestricted funds
60,561
33,550
94,111
70,338
38,115
108.453
Total charity funds
21
For the year ending 31 March 2023 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required the company to obtain an audit of its financial statements for the
year in question in accordance with section 476..
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of financial Statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financial statements were approved by the board of trustees and authorised for issue on 17th
August 2023, and are signed on behalf of the board by..
Eamonn Mccann
Trustee
l3

The Void Art Centre
Company Limited by Guarantse
Notes to the Financial Statements
Year ended 31 March 2023
General information
The charity is a private company limited by guarantee, incorporated in Northern Ireland. The
registered office is 10 Waterloo Place. Derry. BT48 6AF.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, 8s modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
At the lime of approving the financial ststemenls, Ihe trustees have a feasonable expectation that the
charity has adequate resources to continue in operalional existence for the foreseeable future. Thus the
trustees continue to adopt the going concern basis in preparing the financial slalements.
Judgements and key sources of e5timatlon uncertainty
The preparation of the financial statements reqUI￿S management to make judgements,
estimates and assumption5 that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations
of future events that are believed to be reasonable under the circumstances.
Fund accounting
The charity has a number of restricted income funds to account for situations where the donor
requires that a donation must be spent on a particular purpose or where funds have been raised
ft)r a specific purpose.
All other funds are unrestricted income funds.
Gifts in kind & Donated Services
Gifts in kind and donated services are measured at the price the charity estimates it would have
to pay in the open market for the equivalent item or service.
14-

The Void Art Centre
Company Limited by Guarantee
Notes to the Financial Ststements (continued)
Year ended 31 March 2023
Accounting policies (Continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity., it is probable that the economic benefils associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
lesacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and seNices are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contraclual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised when a liability is incurred. Expenditure includes any VAT which
Cannot be recovered. and is reported as part of the expendilure to which it relates. Contraclual
arrangements and performance related grants are recognised as goods or seNices are supplied.
Charitable activities include expenditure on the presentation of exhibitions and related
educalion and outreach activities and include both the direct costs and support costs relating to
these activities.
Governance costs include those incurred in the govemance of the charity and its assets and
are primarily associated with constitutional and statutory requirements.
Intangible assets
Intangible assets are initially recorded at cost. and are subsequently stated at cost less any
accumulated amortisation and impairment bsses. Any intangible assets carried at revalued
amounts, are recorded at the fair value at the date of revaluation. as determined by reference to
an active market, less any subsequent accumulated amortisation and subsequent accumulated
impairment losses.
Intangible assets acquired as part of a business combination are only recognised separately from
goodwill when they arise from contractual or other legal rights, are separable, the expected future
economic benefits are probable and the cost or value can be measured reliably.
15

The Void Art Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
Accounting policies {¢ontlnu•d)
Amortisation
Amortisation is calculated so as to write off the cost of an asset. less its estimated residual value,
over the useful life of that asset as follows:
Intangible Assets
Over 5 Years
If there is an indication that there has been a significant change in amortisation rate, useful life or
residual value of an intangible asset, the amortisation is revised prospectively to reflect the new
estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulaled depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses. unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activitie5. A decrease in the carrying
amount of an asset as a result of revaluation. is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculaled so a5 to write off the cost or valuation of an asset. less its residual
value, over the useful economic life of that asset as follow5.'
Leasehold Propety
Fixtures and Fittings
Equipment
over term of lease (20 yrs)
over 4 years
over 4 years
Impalrment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
coverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing. when it is not possible to estimate the recoverable
amount of an individual asset. an estimate is made of the recoverable amount of the cash-
generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable
group of assets that includes the asset and generates cash inflows that largely independent of
the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
16

The Void Art Centre
Company Limited by Guarantee
Notes to the Fi nancial Statements fconllnuedj
Year ended 31 March 2023
Accounting policies (continued)
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants
are not recognised until there is reasonable assurance that the charity will comply with the
conditions attaching to them and the grants will be received.
Where the grant does not impose specified future perfonnance-related conditions on the
recipient, it is recognised in income when the grant proceeds are received or receivable. Where
the grant does impose specified fjJtU￿ performance-related conditions on the recipient, it is
recognised in income only when the performance-related conditions have been met. Where
grants received are prior to satisfying the revenue recognition criteria, they are recognised as a
Llmlted by guarantee
The company is limited by guarantee and has no share capitsl. The liability of each member in
the event of a winding-up is limited to £1.
Donatlons and legacles
Unrestricled
Funds
Restricted Total Fund5
Funds
2023
Donations
Donations
Grants
ACNI Revenue
Engage
Begin Together
DC&SDC Access Grant- Capital
Henry Moore
Ireland Fund
ACNI Capital Grant
ACNI Emergency Covid Grant
Derry City & Strabane District Council
Foundation Foundation
All Island Community
Ragdoll Foundation
Digital Evolution
Future Screens
Enkalon
198,820
198,820
2,000
7,000
6,451
2,000
7,000
6,451
3,000
2,500
23,697
5,500
23,697
14,524
8,000
14,524
8,000
10,000
1,200
9,223
21,919
10,000
1,200
9,223
21,919
Sponsorship
Community Arts Grant
211,820
96,514
308,334
17

The Void Art Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
Donations and legacies (conllnued)
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Donations
Donations
34
Grants
ACNI Revenue
Engage
Begin Together
DC&SDC Access Grant- Capital
Henry Moore
Ireland Fund
ACNI Capital Grant
ACNI Emergency Covid Grant
Derry City & Strabane District Council
Foundation Foundation
All Island Community
Ragdoll Foundation
Digital Evolution
Future Screens
Enkalon
193,266
193,266
4,770
4,770
14,424
5,660
14,424
5,660
3,093
3,093
24,824
15.815
24,824
15,815
16,812
6,000
16,812
6,000
1,000
1,000
Sponsorship
Community Arts Grant
8,000
74,574
8,000
219,124
293,698
Other trading activities
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Other Income
32,048
32,048
Unrestricted
Funds
Restricled Total Funds
Funds
2022
other Income
12,987
683
13,670
18

The Void Art Centre
Company Limited by Guarantee
Notes to the Financial Statements {contlnuedJ
Year ended 31 March 2023
Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Programme Costs
Support costs
183,822
53,912
86.412
19.492
270,234
73,405
343,639
237.734
105,904
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Programme Costs
Support C05tS
195,069
32,823
28,934
30,634
224,002
63,457
227,892
59,568
287,459
Expenditure on charitable activities by activity type
Activities
undertaken
directly Support costs
Total funds
2023
Total fund
2022
Programme Costs
Amortisation
Governance costs
270,234
27.309
4,669
41,427
73.405
297,543
4,669
41,427
238,852
4,178
44,429
287,459
270,234
343,639
Other expenditure
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Marketing & advertising costs
Travel & subsistence
Bank Charges & Interest
Repairs
Sundry expenses
1,892
2,150
99
1,733
2,367
146
980
13
1,654
52
2,038
3,130
112
3,387
2,419
8,241
2,845
11.086
19-

The Void Art Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
other expenditure {¢ontinued)
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Marketing & advertising costs
Travel & subsistence
Bank Charges & Interest
Repairs
Sundry expenses
3,085
2,214
129
3,194
1,703
191
3,276
2,214
129
3,397
1.958
203
255
10,325
64g
10,974
10. Net (expenditure)lincome
Net (expenditure)lincome is stated after chargingl{crediting}'.
2023
2022
Amortisation of intangible assets
Depreciation of tangible fixed assets
4,669
16,699
4,178
17,093
11. Independent examination fees
2023
2022
Fees payable to the independent examiner for.
Independent examination of the financial statements
2,040
1,104
12. Staff costs and emoluments
The average head count of employees during the year was 6 (2022: 7). The average number of
full-time equivalent employees during the year is analysed as follows..
2023
No.
2022
No.
Number of technical staff
Number of administration staff
Number of management staff
No employee received empbyee benefits of more than £60,000 during the year {2022: Nil).
13. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were
received by the trustees.
-20-

The Void Art Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Yearended 31 March 2023
14. Transfers between funds
Net Income totslling £2,458 was transferred frorn Unrestricted to Restricted
15. Intsngible assets
Intangible
assets
Cost
At 1 April 2022
Additions
20,892
2,457
23,349
At 31 March 2023
Amortisation
At 1 April 2022
Charge for the year
At 31 March 2023
5,986
4,669
10,655
Carrylng amount
At 31 March 2023
12,694
14,906
At 31 March 2022
21

The Void Art Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
16. Tangible fixed assets
Long
leasehold Fixtures and
property
fittings
Equipment
Total
Cost
At 1 April 2022
Additions
34,284
1.570
85,893
15,721
120,177
26,291
9,000
At 31 March 2023
9,000
35.854
101,614
146.468
Depreciation
At 1 April 2022
Charge for the year
At 3q March 2023
15,590
7.549
77,834
8,700
93,424
16,699
110,123
450
450
23.139
86,534
Carrying amount
At 31 March 2023
8,550
12.715
15,080
36.345
At 31 March 2022
18,694
8,059
26,753
17. Debtors
2023
2022
Trade debtors
Prepayments and accrued income
20,969
610
25,714
4,953
30,667
21,579
18. Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
Trade creditors
Accruals and deferred income
Social security and other taxes
Visa account- Danske bank
Olher creditors
36
1,114
18,374
2,670
1,761
918
977
24,303
2,178
1,878
24.873
29,336
19. Deferred income
2023
2022
At 1 April 2022
Amount released to income
Amount deferred in year
At 31 March 2023
20,439
16,1511
14,288
10,078
(10,078)
20,439
20.439
14,288
-22-

The Void Art Centre
Company Limited by Guarantee
Notes to the Financial Ststements (continued)
Year ended 31 March 2023
20. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined
contribution plans was £4,035 (2022: £3.819).
21. Analysis of charitable funds
Unrestricted funds
At
31 March 202
At
1 April 2022
Income Expenditu
Transfers
General funds
38,115
243,868
{245,975)
(2,458)
33,550
At
31 March 202
At
1 April 2021
Income Expenditu
Transfers
General funds
44,221
232,111
(238,217)
38,115
Restricted funds
At
1 April 2022
At
Transfers 31 March 2023
Income Expenditure
City of Culture
Art Fund
Halifax Foundation
DWF
DCSDC R&R
Dept.Foreign Affairs
DCSDC
ACNI-Rese8rch
ACNI- Engage
ACNI-S&R
ACNI-Capital Release
ACNI-Equip
ACNI-H&S
Ragdoll Foundation
Community Fund
DCSDC Access
All Island
Begin Together
Future Screens
Dig ital Evolution
Foundation Foundation
Ireland Fund
other Income
{4)
19,867
2,875
1,432
2,763
5.396
1.291
213
3,602
2.809
(4.568)
19,579
2,485
1.402
730
4.517
14,524
288
390
{30}
2,033
879
1,291
213
2,983
1,486
14,524
2.000
2,619
1.323
4,568
3,109
3.109
4.103
4.843
23,697
1.200
19,594
4.798
5.575
6,794
16,812
(1,155)
5,575
7,094
6,451
6.151
13,457
2,322
18,831
6.254
(3,355)
7,000
21,919
9,223
8,000
2.500
4,678
3,088
2,969
8,000
2.500
683
(683)
70,338
96,514
108,749
2,458
60,561
-23-

The Void Art Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2023
At
1 April 2021
At
Transfers 31 March 2022
Income Expenditure
City of Culture
Art Fund
Halifax
DWF
Arts Society
DCSDC R&R
Dept.Foreign Affairs
DC&SDC
ACNI-Research
ACNI- Engage
ACNI S&R
ACNI- Capital Release
Ragdoll Foundation
Community Fund
DCSDC Access
All Island
Elephant TrsUReigerlHM
Other Income
(4)
28,508
3,600
2,000
2,960
3,493
7,439
(1,295)
213
(23)
4,747
(4)
19,867
2,875
1,432
8,641
725
568
2,960
730
2.043
13,229
2,763
5.396
1,291
213
3,602
2,809
(4,568)
4,798
5,575
6,794
16,812
15.815
4,770
1,145
1,938
7,661
4,862
2,425
7,630
3.093
6,000
8,000
14.424
16.812
5,660
3.660
5,660
683
55,298
75,257
(60,217)
70,338
-24-

The Void Art Centre
Company Limited by Guarantee
Notes to the Financial Statements (¢ontinuedJ
Year ended 31 March 2023
22. Analysis of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Intangible assets
Tangible fixed assets
Current Assets
Creditors less than 1 year
Net assets
5,909
15,048
20,344
(7,751)
33,550
6.785
21,297
49,601
(17,122)
60,561
12,694
36,345
69,945
{24.873)
94,111
Unrestricted
Funds
Restricted Total Funds
Funds
2022
Intangible assets
Tangible fixed assets
Current Assets
Creditors less than 1 year
Net assets
7,677
7,249
31,635
(8,446)
38.115
7,229
19,504
64,495
(20,890)
70,338
14,906
26,753
96,130
{29,3361
108,453
23. Related parties
No trustee received any remuneration during the period.
No trustee or other person related to the charity had any personal interest in any contract or
Iransaction entered into by the charity during the period.
-25-