E-s1 ID.. 6a16564&-71514d51-85¢d-73c9b833¢d4d COIJIPANY REGISTRATION NUMBER: N1043458 CHARITY REGISTRATION NUMBER: NIC102571 Derry Print Workshop Limited Company Limlted by Guarantee Unaudited Financial Statements 30 June 2024 •ADZJ4KWQ' 0110412025 COMPANIES HOUSE A23
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CLAREMOUNT Chartered accountants 43 Clarendon Street Derry BT48 7ER
E-sign ID.. 6a16564e-71574dS1-a5cd-73c9b833¢d4d Derry Print Workshop Limited Company Limiled by Guarantee Financial Statements Year ended 30 June 2024 Page Trustees, annual report (incorporating the director's report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement of linancial position Notes to the financial statements 11
E-sign 10.. 6a165649-71514dS1-a5¢d-73c9b833cd4d Derry Print Workshop Limited Company Llmlled by Guarantee Trustees, Annual Report (Incorporating the Dlrector's Report) Year ended 30 June 2024 The Irustees. who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for Ihe year ended 30 June 2024. Reference and admbnislralive detalls Reglstered chariiy name Derry Print Workshop Limited Charlty reglslrallon number NIC102571 Company registration numbar N1043458 Prlnclpal offlce and regislered 9 Oaklield Avenue offlce Derry 8T48 9BD The trustees Mr Paul Barwise Mr Mallhew Brailhwaile Mr A Hepburn Mrs Stephanie Gaumond Mrs Jane Turner-moore Independent examlner Mr K Mccauley Claremount 43 Clarendon Streel Derry BT48 7ER
E-sig) ID.. 6a16564e-71514d5145cd-73c9b833¢d4d Derry Print Workshop Limited Company Llmlted by Guarantee Trustees. Annual Report (Incorporating the Director's Report) {conllnuad) Year ended 30 June 2024 Slructurej governance and management The company is a 'not-for-profil' organisation, is limited by guarantee and has no share capital. The companies accounts are prepared in accordance with the Statement ol Recommended Pract1¢8 'Accounting and reporting by Charities" issued In March 2015 {SORP). The company is governed and managed by the board ol directors and management committee. The directors who served the company throughout the year are shown on page 1 . The registered office and details ol other professional advisors are also listed on page 1. The board of directors carry out Iheir governance role throughout Ihe year by way of meetings on a regulai basis to review the performance of the company and to make decisions regarding ihe company's financial and operational malters. The directors govern Ihe activities of the company in Ilne wilh the objectives sel out in the governing documents of the charity, namely the Memorandum and Articles of Association and the charily's constitution. Obleclives and acllvltles The principal activity of the company during the period was to provide line art print making facilities for both professional artist and the wider community, while continuing to encourage the education and appreciation ol the art of printmaking amongst the general public. The directors note thal the performance of the company during the year, in terms of both financial and operational results, in line with the charity's constitution and key objectives while still adversely effected due lo the previous years of Pandemic Ihere are signs ot an increased interest both in membership and local community participation in printmaking courses, The aim lor the year was to continue to develop course provlsion for local comrnunily and organise exhibition of member's work. Course provision has been re-eslablished Ihrough this year (all be it on a reslricled basis as space is an issue) and continues lo develop. Setting a dale for an exhibition of members work has been established for September Ioctober 2024 lin the form ol craft lair in the guildhall). Enquiries about Membership have increased and it is hoped that the DPW members exhibition will help reinforce Ihis. DPW conlinued developmenl is slill dependant on acquiring funding lor a lechnician and on increasing the workshops membership. Even with this ditticully our efforts to increase our membership are paying off , with some past members r8lurning and an added inlerest from Ihe artist community. Technician role is still priority and board are in the process ol applying tor small granls applications lo arts COLJncil in order to then qualify lor application to core funding.
E-sign ID: 6a16564e-71514dS1-a5cd-73c9b833¢d4d Derry Print Workshop Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 30 June 2024 Achlevements and pertormance 1.As under our 5-yeai lease agreement with the in Inner City Trust on 121h June 2023 DPW is paying rent as lollows.. For the period 013 years starting on 151 July 2023 and ending on 301h June 2026 paying the landlord rent at the rate of £2,250.00 per annum by monthly instalments of £187.50 The renl will increase as follows- 111 July 2024 £2,500.00 p.a. 1 M July 2025 £2,750.00 p.a. This reasonable rent has been of great benelit lo Ihe workshop and the board would like lo record Iheir appreciation of this during these diff icvlt economic times. 2. Course Provlglon We have again increased course provision during 2023124. A number ol courses in Texlile screenprinl, Ilote bags} linocul, and monoprinl were facilitated with the addition of kitchen lithography classes and one lo one facilitation provision. During previous years the workshop was reorganized so that we could accommodate a lirniled number ol course participanls13- 5 al a time}, We have kept this formal again for this year. This means we will only break even on course fees there will be limited income to the workshop from running courses but the board feel that running courses serve as an important educational service lo the local community and ben81it Ihe workshop in promoting its aims. Several more course dates have been planned lor Ihe end of 2024 and beginning of 2025. 3. Riso Prlnter Last year's Risograph courses were a success, and we plan to continue to run courses for the local public, There is a Riso Christmas card course planned for November l December. An A3 poster course lor the following Spring. Also Still working with practicing artists and art groups on various proj8Cts i.e Future project with local artist Mhairi Sutherland And The project run by the National Gallery (London) headed by the Turner Prize winner Jeremy Deller is still ongoing but noi confirmed. It may not happen now bul hopefully we can help with something. 4. During previous years a number ol our members were again successful In gaining individual artist grants from the Arts Council in order to promote their practice in printmaking. The board would like lo thank the ACNI lor helping and encouraging our practicing printmakers. Members slill continue lo exhibit and sell their work succ9ssfully and il is encouraging to see thls beginning to take a turn lo the positive afler the previous years.11 is a major aim lor DPW to provide a resource that enables local arlisl I prinlmakers lo develop their practice and help to secure and sustain a future within the creative sector. 5. DPW continue to offer a facility for professional artist I printmakers. The online booking system is still in place. We have decided lo keep this policy for the time being. The booking system is working well and with still no lechnician only experiencecl printmakers are able to use premises unasslsled. With no technician there is still no variable access membership.
E-sign ID.. 6a16564e-71514d51-a5cd-73c9b833cd4d Derry Print Workshop Limited Company Llmiled by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (conllnuod) Year ended 30 June 2024 Achlevemenls and performance ) (eonllnued) Access to the workshop is sS restricted (members have to pre-book use of presses etc but can come freely to prepare plates, screens etc. if there is space) Provision ol professional Fine Art Print resource for local community and artisls is still a major part of DPW'S remit. With this in mind th8 board are still researching future expansion. i.e. larger premises lo accommodate both members, needs and the provision of courses for the local community. This all of course depends on gaining financial support for such a move. Thus, the importance of acquiring some help wilh fundraising. With the n88d to wlll need lo improve our screenprint facility. A 'one armed squeegee, screenprint bad is much needed. A priorily is to look for funding streams lo acquire this. We are linallzing a small capital granl application to the Arts council with decision to be made January 2025. DPW still has nol been able to acquire funding for running costs elc and so Is still reliant on membership income and voluntary expertise to maintain facilities. This is disappointing but understandable. 5 year lease is now in place and so when are able lo return lo full practice we can start looking al funding streams. We are still totally reliant on voluntary administration / management and technician provision. This is a major burden on members of Ihe board and is not a heallhy position lo be in. We did in previous years apply to Ihe Fore organizalion for a grant In order to provide a Technician/ manager for the workshop. We reached stage two ol Ihe process in which we had one to one conlact with an advisor. This was very helpful and constructive bul unfortunately did not progress further in our application. We are encouraged to apply again in the future. We are considering applying to the Foyle foundation for srnall capital grant aid loo. With the increased h8lpful (voluntary) input from artist fflembers it is hoped that funding applications can become more Irequent. The board wish lo Ihank all the members involved in recent lunding applications. Again as in previous years without further increased funding we are jusl licking along at our present level and with the rent increasing in 2024 12025 then il becomes increasingly difficult lo maintain the workshop. Our increased membership helps but it is still jusl a breakeven slluation. Flnanclal revlew The nel outgoing resources for the year were £5,037 {2023 - incoming £1,540>. The company reserves at the year-end were £20.093 (2023. £25,130) ol which £9,020 is unrestricted funds and £11,073 is restricted funds. The trustees aim to have a reserve covering at leasl three months expenditure at any given time. The full resufis are sel out in the accounts which form part ol this report.
E-sign ID.. 6a16564tr-71514d51-8Scd-73c9b833cd4d Derry Print Workshop Limited Company Limited by Guarantee Trusiees, Annual Report (Incorporating the Director's Report) (Contlnued) Year ended 30 June 2024 Plans for future periods Proposals should be drawn up and initiatives started for the following: 1.Course provision- we did reslart our provision of courses held throughout the year which have proved to be valuable in both establishing the profile ol the line art print workshop in the city and for increasing paying membership. We will continue lo look how to develop this lurther within the limited space we have. Possibly the increase in provision of short quick bite courses is the way to go. New courses in Risograph. Kitchen lithography, etc. 2,Technician / Manager/Administrator post - important to continue to source permanent funding for these posts. If the workshop is lo develop a professional facility that is accessible throughout the week then this is ess8nlial. Keep looking lor funding opportunities. We have lo successfully access a grant over £10,000 first in order lo be able to apply for core funding to ACNI. 3.Running Costs - Still a major issue. This is obviously becoming a major issue il we want to improve, develop and meet the aims of the workshop. On Ihis point we will need to keep an eye on electric and gas usage as prices have increased dramatically over the last years. We may Possibly have to increase the membership fee to £30 a month to help with costs. Will discuss in future meetings. 4.Develop membership numbers - conlinue to offer fine art prinl facilliy lo local artists when posslble. Four new members did join during last year and hopefully increased membership will continu&. The up coming Members/ Craft Fair exhibition will hopefully help io promote the workshop and increase mernbership further S. Continue to develop the Risograph provision both through collaborative projects and starting ¢otirse provision for the local community. Also maybe initiate conlacl with NWRC and illustration arts department to work on a collaborative project. 6. Look for funding lo acquire a 'one armed squeegee, screenprint bed Arts Council Small Capital Grants application is compleled and in. 7.Exhibition provision- Need to establish a date for another Members exhibitions in 2025 Ihat will help towards fundraising and in order lo re-market Derry Prinl Workshop. Was considering something during the Jazz festival as a possibility.
E-sign 10. 6816564e-71514d5l-a51-7JC9b833cd4d Derry Print Workshop Limited Company Limlted by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (conllnu•d) Year ended 30 June 2024 Our participation in the in Ihe Print Fair in Befiasl. organized by Belfast Print Workshop was a success and we will be participating in the Derry Christmas Craft fair 2024 we have agreed lo participate and booked a stand at the lair. All our members can submit work for exhibil if they wish. A stand will be designed and built specifically. The fair is10 be held in November 2024 in the Guildhall. This will be a valuable marketing opportunity lor DPW. We are also participating in the Derry Halloween event. Building a set at the workshop large doors and demonstrating printing of Halloween masks. In full costume. 8.Continue lo streamline the admlnistralion ol workshop. Delegate more lobs lo willing DPW members in order lo alleviate the pressure on present board members. Improve membership access and revise course provision. 9.Review members of the Board. We need to try and bring on board some board members who have Ihe valuable business skills ol fundraising within the arts sector. The board wishes to thank all members and associates involved in promotlng, uslng and developing DPW. Small company provlslons This report has been prepared in accordance with the provisions applicable to companies entitled to Ihe small Companies exemption. The trustees, annual report was approved on 281h March 2025 and signed on behalf of the board ol trustees by: P Barwi A Hepbum Mr P Banvls• Director Mr A Hepburn Direclor
E.Sign ID.. 6016S649-71514d51-aS¢d-73¢9b833cd4d Derry Print Workshop Limited Company Limited by Guarantee Independent Examlner's Report to the Trusiees of Derry Print Workshop Limited Year ended 30 June 2024 I report lo the trustees on my examination ol the financial slalements ol Derry Print Workshop Llmited I'lhe charity,) lor the year ended 30 June 2024, Responsibilities and basis of report As the trustees of the company land also ils directors lor the purposes ol company law) you are responsible lor the preparation ol the financial statements in accordance with the requiremenls of Charilies Act {Northern Ireland) 2008 (the '2008 Act,) and the Companies Act 2006 {'the 2006 Acl'>. You are satisfied that the accounts ol the company are nol required by charity or company law to be audiled and have chosen instead to have an independent examinalion. Having satisfied myself that the accounts ol the company are nol required lo be audited under Part 16 ol the 2006 Act and are eligible lor independent examination, I report in respect ol my examination of the charity's financial stalemenls as cairied 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)Ib} ot Ihe 2008 Act. Independent examlner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with my examinalion giving me cause to believe that in any material respect.. aecounling records were not kept in respect of the charity as required by section 386 01 the 2006 Act,. or the financial statements do not accord with those records., or the linancial Statements do not comply with the accounting requirements ol section 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and fair, view which is not a matter considered as part ol an independenl examination; or the linancial statements have not been prepared in accordance wilh the methods and principles ol the Slalement of Recommended Practice for accounting and reporting by charities applicable to charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102). I confirm that Ihere are no olher mallers lo which your attention should be drawn to enable a proper understanding ol the accounts to be reached. Mr K Mccauley Claremount Chartered Accountants 43 Clarendon Streel Derry BT48 7ER 28th March 2025
E-srgn ID: 6a16S64e-71S14d51-aS¢(1-73c9b833cd4d Derry Print Workshop Limited Company Limited by Guarantee Staiement of Financial Activities (including income and expenditure accounl) Year ended 30 June 2024 2024 Restricted funds Tolal lunds Total lunds 2023 Unrestricted lunds Note Income and endowments Donations and legacies Total,Income 8,837 240 9,077 14,014 8,837 240 9,077 14,014 Expenditure Expenditure on charitable aclivities Total expendlture 11,188 2,926 14,114 14,114 12,474 11,188 2,926 12.474 Nel {expendllure)lincome and nel movemenl In funds (2,3511 (2,6861 (5,037) 1.540 Reconcillation of funds Total lunds brought forward Total funds carried lorward 11,371 9,020 13,759 11,073 25,130 20,093 23,590 25,130 The slatement ot financial activities includes all gains and losses recognised in the year. All income and expenditure derive from conlinuing aclivilies. The notes on pages 11 to 18 form part ot these financlal slalements.
E-sign ID.. 6a16564e.71514d51-a5cd.73cgb833¢d4d Derry Print Workshop Limited Company Limited by Guarantee Statement of Financial Position 30 June 2024 2024 2023 Note Fixed assets Tangible fixed assets 12 11,239 14,053 Current assets Debtors Cash at bank and in hand 13 165 9.494 9,659 12,723 12,723 Creditors: amounts lalllng due wlthln one year Nel currenl assets 14 805 1,646 8,854 11,077 Tolal assets less current liabllltles 20,093 20,093 25,130 Nel asselg 25,130 Funds ot the charlty Reslricled funds Unreslricted funds 11,073 9,020 13,759 11,371 25,130 Total charily funds 15 20,093 For Ihe year ending 30 June 2024, the charily was enlilled lo exempiion Irom audit under section 477 of the Companies Act 2006 relating to small companies. Directors. responsibililies.. The members have nol required the company lo obtain an audit ol ils financial stalemenls lor the year in question in accordance with section 476., The directors acknowledge their responsibilities for complying with the requir8meniS of the Act wilh respect to accounting records and the preparation ol financial statements. These financial statements have been prepared in accordance wrth the provisions applicable to companies subjecl lo the small companies, regime. The Stalement of flnan¢lal pos511on Continues on the followlng page. The notes on pages 11 to 18 lorm part ol Ihese financial slatemenls.
E-sign 10. 6a16564e-71514d51-a5¢d-73e9b833¢d4d Derry Print Workshop Limited Company Limited by Guarantee Statement of Flnanclal PosStion (eontlnued) 30 June 2024 These financial statemen15 weTe approved by Ihe board of truslees and authorised for issue on 28 March 2025, and are signed on behalf ol the board by: P Barwlsè A H•pburn Mr P Barwise Dlreclor Mr A Hepburn Director The notes on pages 1110 18 form part ol these flnancial statèments. -10-
E-sign 10." 6a16564&71514d51-a5cd-73c9b833cd4d Derry Print Workshop Limited Company Limited by Guarantee Notes to the Flnanclal Staiements Year ended 30 June 2024 General inlormalion The charity is a public benefit entity and a private company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address ol the registered office is 9 Oakfield Avenue, Derry. BT48 9BD. Slatement of compliance These financial slalemenls have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic ol Ireland,, the Slatemenl of Recommended Practice applicable to charities preparing their accounls in accordance with Ihe Financial Reporting Standard applicable in the UK and R8public ol Ireland {FRS 102) (Charities SORP IFRS 102)) and the Companies Act 2006. Accounllng pollcles Basls of preparatlon The financial statements have been prepared on the historical cost basis, as modilied by the revalualion of certain financial assets and liabililies and inv8s1ment properties measured at lair value through income or expendllure. The financial stalernenls are prepared in slerling, which is the functional currency ol the entity. Golng concern Th8re are no material uncertainties about the charity's ability lo continue. Fund accountlng Unrestricted funds are available for use at Ihe discretion of the trustees lo further any of the charity's purposes. Designated funds are unrestricted lunds earmarked by the Iruslees lor particular future project or commitment. Reslricled funds are subjected to restrlclions on Ihelr expenditure declared by the donor or through the terms of an appeal and fall inlo one ol two sub-classes.. restricted income funds or endowment lunds.,
E-Sign10.. 6a16564e-71514d51-a5cd-73c9b833cd4d Derry Print Workshop Limited Company Limited by Guarantee Notes to the Financial Statements (eonllnued) Year ended 30 June 2024 Accounllng pollcle8 {¢ontlnu•d) Incoming resources All incoming resources are included in tha statemenl ol financial aclivities when enlillemenl has passed lo the charity- it is probable that the economic benefits associated wilh the transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or granls is recognised when there is evidence ol entitlement to the gift, receipt is probable, and its amount can be measured reliably. legacy income is recognised when receipi is probable, and entitlement is established. income from donated goods is measured at the lair value of the goods unless Ihis is impractical to measure reliably, in which case the value is derived Irom the cost lo the donor or the estima18d resale valu8. Donated lacilities and services are recognised in the accounts when received if Ihe value can be reliably measured. No amounts are included lor the contribution ol general volunteers. income from contracts for the supply of services is recognised wilh the delivery of the conlracted seNice. This is classified as unreslTicled funds unless there is a contractual requirement lor it lo be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Re$our¢es expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannol be lully recovered, and is Glassilied under headings ol the statement ol financial activities lo which il relates.. expenditure on raising funds includes the costs of all fundraising activilies, evenls, non-charilable trading activities. and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities Ihat further ils charitable aims for the benefit of its beneliciaries. including those support costs and costs relating lo the governance of the charily apporlioned lo charitable aclivilies. other expenditure includes all expenditure that is neither related to raising lunds lor the charily nor part of ils expendilure on charitable activities. All costs are allocated lo expenditure categories reflecting the use of the resource. Direct Costs attributable to a single activity are allocated direclly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consislenl basis. Tanglble assets All fixed assets are initially recorded al cost. 12-
E-sign 10.. 6816564e-71514d51-8Scd-73e9b833cd4d Derry Print Workshop Limited Company Limited by Guarantee Notes to the Financial Statemenls (¢ontlnued) Year ended 30 June 2024 A¢¢ounllng policles (¢ontlnued) Depreclatlon Depreciation is calculated so as to write off the cost or valuation of an assel. less ils residual value. over the useful economic life ol that assel as follows.. Print room lurniture Printing Equipment Computer Equipment 20010 Straight line 50/0 Straight line 200A straight line Impalrmont ol flxod assèts A review lor indicators of impairment is carried out at each reporting date, wilh the recoverable amounl being eslimaled where such indicators exist. Where the carrying value exceeds the recoverable amounl, the asset is impaired accordingly. Prior impairments are also reviewed tor possible reversal al each reporting dale. For Ihe purposes ol impairmenl tesling, when it is not possible lo estimate the recoverable amount ol an individual asset, an estimate is made ol Ihe recoverable amount ol the cash-generaling unil lo which the asset belongs. The cash-generaling unil is the smallest identifiable group ol 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, Irom the acquisition date, allocated to each of the cash-generaling units that are expected lo benefit from the synergies of the combination, irrespective ol whether other assets or liabilities ol the charity are assigned to those units. Financlal Inslruments A financial assel or a financial liability is recognised only when Ihe charily becomes a party lo Ihe conlractual provisions of the instrument. Basic financial instruments are initially recognised al the amount receivable or payable including any related transaclion costs. Currenl assets and current liabililies are subsequently measured at the cash or other consideration expected to bg paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or Iheir fair value can otherwise be measured reliably, Ihe inveslmenl is subsequently measured at lair value with changes in lair value recognised ir) income and expenditure. All other such investments are subsequently measured al cost less impairment. Other financial inslruments, including derivatives, are initially recognised at fair value, unless payment for an ass61 is deferred beyond normal business terms or financed at a rale ol inleresl that is not a market rate, in which case the asset is measured at the present value ol the future payrnenls discounted at a markel rate of interest for a similar debl instrument. 13-
E-sign ID.. 6a16S64e-71514d51-a5¢d-73¢9b833¢d4d Derry Print Workshop Limited Company Llmited by Guarantee Notes to the Financial Slalements (Contlnued) Year ended 30 June 2024 Accounllng polleles (eontlnued) Flnancial instruments fconlinueol) Other financial instruments are subsequently measured al fair value, with any changes recognised in the statement of financial aclivities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at Cost or amortised cosl are reviewed for objective eviden of impairment al the end of each reporting date.11 there is objective evidence of impairmenl, an impairmenl loss is recognised under the appropriate heading in the sialemenl ot linancial activities in which Ihe inilial gain was recognised. For all equity inslruments regardless of significance, and other financial assets Ihat are individually significanl, these are assessed individually lor impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals ol impairment are recognised immediately, to the extent that the reversal does not resull in a carrying amount ol the financial asset that exceeds whal the carrying amount would have been had the impairment not previously been recognised. Limlled by guarantee The company is limited by guaranlee and, therefore, IheTe is no issued share capital. Donallons and legacies Unrestricled Funds Restricted Total Funds Funds 2024 Donallons Membership income Printmaking courses and workshops Arts Council Nl Use of Facililies 4,893 942 4,893 942 240 3,002 9.077 240 3,002 8,837 240 Unrestricted Funds Reslricled Tolal Funds Funds 2023 Donallons Membership Income Printmaking courses and workshops Arts Council Nl Use ol Facilities 4,820 3.265 4,820 3.265 2,160 3,769 2.160 3,769 11,854 2,160 14,014 14-
E-sign ID.. 6a16564e-71514d51-a5cd.73¢9b833cd4d Derry Print Workshop Limited Company Llmited by Guarantee Notes to the Financial Slatemenls {AlInued} Year ended 30 June 2024 Expenditure on charllable acllvltles by fund lyP• Unrestricted Funds Reslricled Total Funds Funds 2024 Rent Accountancy Facilitator Fees Exhibition Costs Insurance Depreciation Printing tools, ink and paper Heat and Light Repairs and Maintenance Bank Chaiges 2,250 450 1,160 2.708 769 128 1,609 1,820 75 219 2,250 450 1,400 2,708 769 2,814 1,609 1,820 75 219 240 2,686 11,188 2,926 14,114 Unrestricted Funds Restricted Total Funijs Funds 2023 Rent Accounlancy Facililator Fees Insurance Deprecialion Printing tools, ink and paper Heat and Light Repairs and MaintenanGe Bank Charges 2,000 840 429 764 128 1,630 1,103 282 452 2,000 840 2,589 764 2,814 1,630 1,103 282 452 2,160 2,686 7,628 4,846 12,474 Expendlture on charllable acllviti08 by actlvliy type Print-makin9 & Visual Art Services Support Total tund Costs 2024 Rent Accountancy Facilitalor Fees Exhibilion Cosls Insurance Depreciation Printing tools, ink and paper Heat & Lighl Repairs and maintenance Bank charges 2,250 450 1,400 2,708 769 2,814 1,609 1,820 75 2,250 450 1,400 2,708 769 2,814 1,609 1,820 75 219 219 13,895 219 14,114 -15-
E-sign ID: 6316564e-71514d514a5cd-73c9b833cdÈ1(1 Expenditure on charitable aelivities by activity type (continued) Prinl.making & Visual Art Services Support Total fund Cosls 2023 Rent Accounlancy Facilitator Fees Insurance Depreciation Printing tools, ink and paper Heat & Light Repairs and maintenance Bank charges 2,000 840 2,589 764 2,814 1,630 1,103 282 2,000 2,589 764 2,814 1,630 1,103 282 452 452 12,022 452 12,474 Net {expendlture)Ilneome Net lexpenditure)lincome is staled after Chargingllcrediling): 2024 2023 Depreciation ol tangible fixed assets 2,814 2,814 16-
E-sign ID.. 6316564e-71514d5145cd.73¢9b833cd4d Derry Print Workshop Limited Company Limlted by Guarantee Notes to the Flnanclal Statements (¢ontlnuedJ Year ended 30 June 2024 Independent examlnalion fees 2024 2023 Fees payable to the independent examiner lor.. Independent examination ol the linancial slalements 420 420 10, Slafl co8t¥ The average head count of employees during the year was 512024: 5). No employee received employee benefits ol more than £60,000 during the year (2024: Nil). 11. Truslee remuneratlon and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. 12, Tanglble foxed assets Compulerl Screen printing equipment Fixtures and littings Equipment Total Cost At 1 July 2023 and 30 June 2024 1,162 29,419 24,048 54,629 Depreclation Al 1 July 2023 Charge for the year 869 128 19,051 1,296 20,656 1,390 40,576 2,814 AI 30 June 2024 997 20,347 22,046 43,390 Carrylng amount AI 30 June 2024 165 9,072 2,002 11,239 At 30 June 2023 293 10,368 3,392 14,053 13. Deblors 2024 2023 Trade deblors 165 14. Credllors: amounts falling due within one year 2024 2023 Trade creditors Accruals and deferred income 841 805 805 805 1,646 17-
E-sign ID.. 6a16564ev71514d51-a5ed-73c9b83kd4d Derry Print Workshop Limited Company Limlted by Guarantee Notes to the Financial Statements fconllnu*d) Year ended 30 June 2024 15. Analysls of charitable funds Unrestricted lunds Al Income Expenditure 30 June 2024 Al 1 July 2023 Unreslricled Funds 11,371 8,837 (11,1881 9,020 Reslrlcted lunds Al Incom8 Expenditure 30 June 2024 Al 1 July 2023 Restricted Funds 13,759 240 {2,9261 11,073 18-