## **ARTS & DISABILITY FORUM**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## **FOR THE YEAR ENDED 31 MARCH 2024**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**2**
20,000
-
Charitable activities
**3**
-
371,050
Other trading activities
**4**
3
354
Investments
**5**
660
-
Other income
**6**
76,433
-
**Total income**
97,096
371,404
**Expenditure on:**
Charitable activities
**7**
76,378
324,403
**Total expenditure**
76,378
324,403
**Net income**
20,718
47,001
Transfers between
funds
-
-
**Net movement in**
**funds**
**9**
20,718
47,001
**Reconciliation of funds:**
Fund balances at 1 April 2023
61,715
48,431
**Fund balances at 31 March**
**2024**
82,433
95,432|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
20,000
15,000
-
371,050
-
340,251
357
92
1,100
660
95
299
76,433
30,396
2,070
468,500
45,583
343,720
400,781
54,155
317,835
400,781
54,155
317,835
67,719
(8,572)
25,885
-
5,013
(5,013)
67,719
(3,559)
20,872
110,146
65,274
27,559
177,865
61,715
48,431|**Total**
**2023**
**£**
15,000
340,251
1,192
394
32,466|
|---|---|---|
|||389,303
371,990|
|||371,990|
|||17,313
-|
|||17,313
92,833|
|||110,146|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 8 -
## **ARTS & DISABILITY FORUM**
## **BALANCE SHEET**
## **AS AT 31 MARCH 2024**
|**Notes**
**Fixed assets**
Tangible assets
**13**
**Current assets**
Debtors
**14**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**15**
**Net current assets**
**Total assets less current liabilities**
**Creditors: amounts falling due after**
**more than one year**
**16**
**Net assets excluding pension liability**
**Net assets**|**2024**
**£**
11,922
220,334
232,256
(63,880)|**2023**
**£**
**£**
21,989
17,449
212,013
229,462
(109,252)
168,376
190,365
(12,500)
177,865
177,865|**£**
27,436
120,210
147,646
(37,500)
110,146
110,146|
|---|---|---|---|
- 9 -
ARTS & DISABILITY FORUM
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024
2024
2023
Notes
The funds of the company
Restricted income funds
Unrestricted funds
19
95.432
82,433
48,431
61,715
177,865
110,146
Th8 company is entitled to the exemption from th8 audit r8quirem8nt contain8d in section 477 of tha Companies Act
2006, for the year gnded 31 March 2024. No members have required the company to obtaln an audit of its financial
statements for the year in question in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge Iheir responsibilities for ensuring that the charity keeps accounting records which comply
with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of
affairs of the company as at the end of the financial year and of its incoming resources and application of resources,
Including its income and expenditure, for Ihe financial year in accordance with the requirements of sections 394 and
395 and which otherwise comply with th8 r8quir8m8nts of th8 Compani8s Act 2006 relating to financial statements,
so far as applicable to the company.
The members hav8 not required the company to obtain an audit of its financial ststements for the year in question in
accordance with section 476.
These financlal statements have been prepared In accordance wlth the provisions applicable to companles subject
to the small companies regime.
The financial statements were approved by the trustees on
28 November 2024
Ms C Smyth
Dlrector
Ms T Carlisle
Director
Company reglstration number N1051776 (Norlhern Irgland)
10-
## **ARTS & DISABILITY FORUM**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **1 Accounting policies**
## **Charity information**
Arts & Disability Forum is a private company limited by guarantee incorporated in Northern Ireland. The registered office is Third Floor, 109-113 Royal Avenue, Belfast, BT1 1FF.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the company's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: 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)" (effective 1 January 2019). The company is a Public Benefit Entity as defined by FRS 102.
The company has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Incoming resources**
Income is recognised when the company is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the company has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the company has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 11 -
## **ARTS & DISABILITY FORUM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **1 Accounting policies (Continued)**
## **1.5 Resources expended**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Support costs are those costs incurred directly in support of expenditure on the objects of the company and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements.
Charitable activities and Governance costs are costs incurred on the company's operations, including support costs and costs relating to the governance of the company apportioned to charitable activities.
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings 25% per annum reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Impairment of fixed assets**
At each reporting end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
- 12 -
## **ARTS & DISABILITY FORUM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **1 Accounting policies (Continued)**
## **1.9 Financial instruments**
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.11 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
- 13 -
## **ARTS & DISABILITY FORUM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **2 Income from donations and legacies**
|||**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2024**
**2023**
**£**
**£**
20,000
15,000
-
15,000
20,000
-
20,000
15,000
**Gallery &**
**General**
**Bounce Arts**
**Festival**
**Total**
**2023**
**2023**
**2023**
**£**
**£**
**£**
353,263
8,500
361,763
(21,512)
-
(21,512)
331,751
8,500
340,251
138,757
-
138,757
50,000
-
50,000
34,964
8,500
43,464
21,919
-
(21,919)
34,201
-
(34,201)
31,069
-
(31,069)
1,272
-
(1,272)
41,081
-
41,081
353,263
8,500
361,763|**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2024**
**2023**
**£**
**£**
20,000
15,000
-
15,000
20,000
-
20,000
15,000
**Gallery &**
**General**
**Bounce Arts**
**Festival**
**Total**
**2023**
**2023**
**2023**
**£**
**£**
**£**
353,263
8,500
361,763
(21,512)
-
(21,512)
331,751
8,500
340,251
138,757
-
138,757
50,000
-
50,000
34,964
8,500
43,464
21,919
-
(21,919)
34,201
-
(34,201)
31,069
-
(31,069)
1,272
-
(1,272)
41,081
-
41,081
353,263
8,500
361,763|
|---|---|---|---|
|Santander||||
|**Grants receivable for core activities**
Santander cost of living
Santander general increase
**Charitable**
**activities**
**Gallery &**
**General**
**Bounce Arts**
**Festival**
**2024**
**2024**
**£**
**£**
Performance related
grants
332,709
11,800
Less: deferred income
31,541
(5,000)
364,250
6,800
**Performance related grants**
Arts Council
130,160
5,000
Santander Foundation
50,000
-
Belfast City Council
63,200
6,800
Future Screen
21,273
-
Bodyshine
19,166
-
Halifas Urban Survival
19,866
-
Heritage Lottery
Architecture
-
-
Other
29,044
-
332,709
11,800|**Total**
**2024**
**£**
344,509
26,541
371,050
135,160
50,000
70,000
21,273
19,166
19,866
-
29,044
344,509|||
|||**Gallery &**
**General**||
|||**2023**
**£**
353,263
(21,512)
331,751
138,757
50,000
34,964
21,919
34,201
31,069
1,272
41,081
353,263||
## **3 Charitable activities**
All income from charitable activities in the current and prior year relates to restricted funds.
- 14 -
## **ARTS & DISABILITY FORUM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
|**4**
**Income from other trading activities**
**Unrestricted**
**Restricted**
**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**funds**
**2024**
**2024**
**2024**
**2023**
**2023**
**£**
**£**
**£**
**£**
**£**
Trading activity income:
other
3
354
357
92
1,100
**5**
**Investments**
**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
Bank interest received
660
95
299
**6**
**Other income**
**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
Other income
76,433
30,396
2,070|**4**
**Income from other trading activities**
**Unrestricted**
**Restricted**
**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**funds**
**2024**
**2024**
**2024**
**2023**
**2023**
**£**
**£**
**£**
**£**
**£**
Trading activity income:
other
3
354
357
92
1,100
**5**
**Investments**
**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
Bank interest received
660
95
299
**6**
**Other income**
**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
Other income
76,433
30,396
2,070|**4**
**Income from other trading activities**
**Unrestricted**
**Restricted**
**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**funds**
**2024**
**2024**
**2024**
**2023**
**2023**
**£**
**£**
**£**
**£**
**£**
Trading activity income:
other
3
354
357
92
1,100
**5**
**Investments**
**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
Bank interest received
660
95
299
**6**
**Other income**
**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
Other income
76,433
30,396
2,070|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
357
92
1,100|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
357
92
1,100|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
357
92
1,100|**Total**
**2023**
**£**
1,192|
|---|---|---|---|---|---|---|
||||||||
||||||||
|||**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
660
95
299
**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
76,433
30,396
2,070||||**Total**
**2023**
**£**
394|
||||||||
||||||||
|||||||**Total**
**2023**
**£**
32,466|
- 15 -
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lnfo0
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## **ARTS & DISABILITY FORUM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
|**8**
**Support costs allocated to activities**
Insurance
Printing, postage & stationery
Heat & light
Telephone
Rent
Bookkeeping
Governance costs
**Analysed between:**
Gallery & General
**9**
**Net movement in funds**
The net movement in funds is stated after charging/(crediting):
Depreciation of owned tangible fixed assets|**2024**
**£**
2,308
311
971
744
15,086
7,680
4,300
31,400
31,400
**2024**
**£**
7,046|**2023**
**£**
1,892
419
504
844
16,854
7,812
5,510|
|---|---|---|
|||33,835|
|||33,835|
|||**2023**
**£**
7,858|
## **10 Trustees**
During the current and prior years, none of the directors (or any persons connected with them) received any remuneration or reimbursement for expenses.
- 17 -
## **ARTS & DISABILITY FORUM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **11 Employees**
|The average monthly number of employees during the year was:
**Employment costs**
Wages and salaries
Social security costs
Other pension costs
There were no employees whose annual remuneration was more than £60,000.
**Remuneration of key management personnel**
The remuneration of key management personnel was as follows:
Aggregate compensation
**12**
**Taxation**|||
|---|---|---|
||**2024**
**Number**
4
**2024**
**£**
109,865
2,528
1,602
113,995
**2024**
**£**
31,309|**2023**
**Number**
4|
|||**2023**
**£**
86,019
2,531
1,759|
|||90,309|
|||**2023**
**£**
30,888|
||||
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
- 18 -
## **ARTS & DISABILITY FORUM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
|**13**
**Tangible fixed assets**
**Cost**
At 1 April 2023
Additions
At 31 March 2024
**Depreciation and impairment**
At 1 April 2023
Depreciation charged in the year
At 31 March 2024
**Carrying amount**
At 31 March 2024
At 31 March 2023
**14**
**Debtors**
**Amounts falling due within one year:**
Other debtors
Prepayments and accrued income
**15**
**Creditors: amounts falling due within one year**
**Notes**
Other taxation and social security
Deferred income
**17**
Trade creditors
Other creditors
Accruals and deferred income
**16**
**Creditors: amounts falling due after more than one year**
**Notes**
Deferred income
**17**|**Fixtures and**
**fittings**
**£**
127,816
1,599
129,415
100,380
7,046
107,426
21,989
27,436
**2024**
**2023**
**£**
**£**
200
200
11,722
17,249
11,922
17,449
**2024**
**2023**
**£**
**£**
952
1,869
38,727
77,768
12,453
4,289
2,839
2,030
8,909
23,296
63,880
109,252
**2024**
**2023**
**£**
**£**
12,500
37,500|**Fixtures and**
**fittings**
**£**
127,816
1,599
129,415
100,380
7,046
107,426
21,989
27,436
**2024**
**2023**
**£**
**£**
200
200
11,722
17,249
11,922
17,449
**2024**
**2023**
**£**
**£**
952
1,869
38,727
77,768
12,453
4,289
2,839
2,030
8,909
23,296
63,880
109,252
**2024**
**2023**
**£**
**£**
12,500
37,500|
|---|---|---|
|||129,415|
|||100,380
7,046|
|||107,426|
|||21,989|
|||27,436|
|||**2023**
**£**
200
17,249|
|||17,449|
|||**2023**
**£**
1,869
77,768
4,289
2,030
23,296|
|||109,252|
|||**2023**
**£**
37,500|
- 19 -
## **ARTS & DISABILITY FORUM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
|**17**
**Deferred income**
Other deferred income
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Non-current liabilities
Movements in the year:
Deferred income at 1 April 2023
Released from previous periods
Resources deferred in the year
Deferred income at 31 March 2024
**18**
**Retirement benefit schemes**
**Defined contribution schemes**
Charge to profit or loss in respect of defined contribution schemes|**2024**
**£**
51,227|**2023**
**£**
115,268|
|---|---|---|
||||
||||
||**2024**
**£**
38,727
12,500
51,227
115,268
(77,768)
13,727
51,227
**2024**
**£**
1,602|**2023**
**£**
77,768
37,500|
|||115,268|
|||93,756
-
21,512|
|||115,268|
|||**2023**
**£**
1,759|
The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.
- 20 -
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## **ARTS & DISABILITY FORUM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **20 Unrestricted funds**
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
||**At**|**1 April**|**Incoming**|**Resources**|**Transfers**|**At 31 March**|
|---|---|---|---|---|---|---|
|||**2023**|**resources**|**expended**||**2024**|
|||**£**|**£**|**£**|**£**|**£**|
|General funds||61,715|97,096|(76,378)|-|82,433|
|**Previous year:**|**At**|**1 April**|**Incoming**|**Resources**|**Transfers**|**At 31 March**|
|||**2022**|**resources**|**expended**||**2023**|
|||**£**|**£**|**£**|**£**|**£**|
|General funds||65,274|45,583|(54,155)|5,013|61,715|
|**Analysis of net assets between**|**funds**||||||
|||||**Unrestricted**|**Restricted**|**Total**|
|||||**funds**|**funds**||
|||||**2024**|**2024**|**2024**|
|||||**£**|**£**|**£**|
|**At 31 March 2024:**|||||||
|Tangible assets||||1,967|20,022|21,989|
|Current assets/(liabilities)||||80,466|87,910|168,376|
|Long term liabilities||||-|(12,500)|(12,500)|
|||||82,433|95,432|177,865|
|||||**Unrestricted**|**Restricted**|**Total**|
|||||**funds**|**funds**||
|||||**2023**|**2023**|**2023**|
|||||**£**|**£**|**£**|
|**At 31 March 2023:**|||||||
|Tangible assets||||6,051|21,385|27,436|
|Current assets/(liabilities)||||55,664|64,546|120,210|
|Long term liabilities||||-|(37,500)|(37,500)|
|||||61,715|48,431|110,146|
## **21 Analysis of net assets between funds**
## **22 Contingent liabilities**
A portion of grants received may become repayable if the charity fails to comply with the terms of the letter of offer.
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## **ARTS & DISABILITY FORUM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **23 Explanatory notes to the funds**
## **Unrestricted funds**
## **General fund**
This fund is expendable at the discretion of the directors. It is used to finance capital investment and working capital. As anticipated in recent years, the level of funding received continues to fluctuate. The general fund will therefore be essential to finance working capital and ensure that the charity can continue its activities in the short term and fulfil its legal responsibilities to employees and creditors.
## **Restricted funds**
## **Gallery and General Running Costs**
Principal funding received from the Arts Council of Northern Ireland's Annual Support for Organisations programme. This is for a pre-agreed programme of activity. Mainly funding designated to general running costs, staffing and atypical gallery costs. Atypical is the only gallery of its kind in Ireland, dedicated to showcasing artwork produced by disabled artists. Funding covers installation costs, exhibition promotion, material, access and communication support, information in alternative formats.
## **The Ireland Funds**
Grant sourced from the Ireland Reconnection Fund to assist with core cost incurred for developing capacity and organisation sustainability aiming to extend programme impact and reach to new diverse audiences on an all-island basis.
## **ACNI Health and Safety Capital Programme**
Awarded to assist arts organisations reopen creative spaces safely by funding the purchasing of equipment and/or minor works required to address health and safety issues created as a result of the pandemic or that have been an outstanding maintenance issue.
In recent years due to uncertainty of securing festival grant income for the Bounce Arts Festival these funds have also been allocatable to augment programming costs for the 2023 festival.
## **Belfast City Council**
The two-year Cultural Multi-annual Grant from the Belfast City Council, supports the comprehensive programme of activity to Deaf disabled and neuro-diverse people including exhibitions, performances, artists talks, virtual gallery and studio tours. Alongside Belfast City Council Festival Grant designated to support Bounce Festival 2022. Funding sourced from Belfast City Council Capacity Grant to facilitate Staffing and programme development to extend outreach and impact of the programme over a 2 year period.
## **Deaf disabled Artists Support Fund (DDASF) Grant Scheme**
Arts Council of Northern Ireland(ACNI) award sustains the practical support dedicated to increasing skills, experience and opportunities for disabled artists living in Northern Ireland and working in any art form. Finance support is distributed by University of Atypical on behalf of funding partners to compliment the Arts Council's own funding schemes to support individual non-disabled artists. Grant decisions are made by an independent panel, of UofA Trustees and individuals with relevant expertise and overseen by an Arts Council representative.
## **Halifax Foundation**
Award for a new Career Advisor support scheme, to offer practical support initiative for artists.
## **Urban Survival Kits**
EU funding for the Urban Survival Kits programme; UofA was lead partner on a trans-national learning initiative exploring how Adults With Disabilities (AWD), and neurodiversity, can be supported with their local, national and international travel needs. USK builds on the European Disability Strategy 2010-2020 and removes barriers in physical infrastructure; accessibility of information, and creates effective communication tools.
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## **ARTS & DISABILITY FORUM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **24 Explanatory notes to the funds (continued)**
## **Santander UK Foundation LTD**
Three year Funding programme from Santander UK Foundation Ltd supports ‘Digital Horizon’ a professional development initiative; aiming to create opportunities for d/Deaf, Disabled and Neurodiversity artists pursue new ambitions through the use of digital technology to assist them throughout their career.
## **Body Shine**
This EU partnership grant addresses the act of body shaming. Through an international programme of activities, programme participants are supported to reflect on societal and fashion influences through art, society, cultural knowledge. Equipping people with the confidence to accept themselves and the "diversity" of others
## **Awards for All**
Community Fund Grant for a volunteer training programme focusing on enabling people with Disabilities and Deaf Community to learn new skills and engage with their peers and community. Aiming to formalise and support UofA volunteers through a robust programme of training and practical support.
## **Artist in Residence Fund**
This represents project funds secured from the Arts Council of Northern Ireland for a visual arts residency and exhibition at the Atypical Gallery
## **Future Screens NI Covid19 Recovery Programme**
Ulster University -DFC partnership grant, designated for a new Access and Inclusion Assistant post as part of a three-year award for an Employment and Skills Initiative, aiming to address labour market barriers faced by individuals due to the pandemic and with a particular focus on job roles to boost the Arts Sector.
## **Blue Print**
Financial support secured from an ARTS and Business. This capacity building programme aims to support small arts organisations invest in the development of innovative income generation strategies. UofA Proposal to Blueprint will focus on the new Ledger Studio and EASI (equality access standards initiative) aiming to strengthen long-term financial sustainability.
## **Transfers**
During the year the charity made transfers between restricted funds. The transfers were necessary to cover deficits arising on certain funds. Income received to the Gallery & General fund included contributions to Office & Admin costs within the charity's premises.
## **25 Conduit Funding**
Arts & Disability Forum is responsible for receiving and distributing funds on behalf of British Council for the Urban Survival Kits project. During the year £28,403 was received and distributed and no balance was held in relation to these monies at 31 March 2024.
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## **ARTS & DISABILITY FORUM**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024**
## **26 Operating lease commitments**
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:
|Within one year
Between two and five years|**2024**
**£**
45,342
-
45,342|**2023**
**£**
45,342
45,342|
|---|---|---|
|||90,684|
## **27 Related party transactions**
There were no disclosable related party transactions during the year (2023 - none).
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