## **Northern Ireland Mental Health Arts Festival** ## **Statement of Financial Activities including Income and Expenditure at 4[th] April 2024** ||**Note**|||**Mar-24**|**Mar-23**| |---|---|---|---|---|---| |**Income & Endowments**||**Unrestricted**|**Restricted**|**Total**|**Total**| |Donation & Legacy|1|436.96|63939.21|64376.17|| |Charitable Activity|2|860.70||860.70|| |Investment Income|||||| |**Total Income**||1297.66|63939.21|65236.87|42428.90| |**Expenditure**|||||| |Cost of activities|3|3975.26|43016.68|46991.94|31148.22| |Net (exp) income||-2677.60|20922.53|18244.93|11280.68| |Funds Brought forward||2711.71|12081.79|14793.50|3512.82| |Total Funds Carried|||||| |Forward||34.11|33004.32|33038.43|14793.50| The statement of financial activities includes all gains and loses recognised in the year. All income and expenditure derive from continuing activities ## **Northern Ireland Mental Health Arts Festival** ## **Statement of Financial Activities including Income and Expenditure at 31[st] March 2024** ## **Balance Sheet** |**Fixed Assets**
**Current**
**Assets**
Debtor
reserve A/c
30000
Cash at Bank
3038.33
**Creditors**
**Net Current**
**Assets**
**Funds**
**Restricted**
**Unrestricted**|2024
2023
33038.33
14793.50
33038.33
14793.50
33004.32
12081.79
34.11
2711.71| |---|---| ||**33038.43**
**14793.5**| The financial statements were approved by the Board on 19 December 2024. **Noelle McAlinden Damien Coyle Chairperson Acting Treasurer Date:** 19/12/2024 **Date:** 19/12/2024 **Notes - Fy23-24 Apr 2023 - Mar 2024** |**Note**
**1**
**2**
3||**Quarter**
**4**||||| |---|---|---|---|---|---|---| |||**Current Period Jan- **|**Mar 2024**
**Variance**
-1,165.00
-1,925.30
16,643.22
-750.00
22,450.00
2,223.02
0.00
-125.00
-250.00
**£37,100.94**
-768.54
25.50
-136.88
-243.75
-445.63
-2,159.80
**-3,729.10**|**Year to Date at Dec 2023**
**Annual**
**Actual**
**Budget**
**Variance**
**Budget**||| |||**Actual**
**Budget**||**Actual**
**Budget**||| |||0.00
1,165.00
0.00
1,925.30
0.00
4,777.00
0.00
750.00
0.00
3,750.00
0.00
741.01
**0.00**
0.00
0.00
125.00
0.00
250.00
**£0.00**
**£13,483.31**
1088.00
1,148.18
0.00
25.50
0.00
45.63
700.00
456.25
0.00
226.88
0.00
1,886.60
**1,788.00**
**3,789.03**||4,194.00
4,660.00
6,160.96
7,701.20
21,420.22
19,108.00
3,000.00
3,000.00
26,200.00
15,000.00
2,964.03
2,964.03
0.00
0.00
436.96
500.00
860.70
1,000.00
**£65,236.87**
**£53,933.23**
3,004.72
4,592.72
101.99
101.99
182.50
182.50
1,650.00
1,825.00
672.51
907.51
4,046.40
7,546.40
**9,658.12**
**15,156.12**|Carried Forward reserves|| ||**Income**|||||| ||Arts Council
Local Authority Belfast
City Council CC3
DFC Future Screens (
Ulster Uni ) CC 1
Dormant Accounts
Baring Foundation CC 2
Film Hub NI Award/QUB
Investment Income /
NIMHAFF
Other Income
Earned Income - inc
**Total Income**||||-466.00
4,660.00
-1,540.24
7,701.20
2,312.22
19,108.00
0.00
3,000.00
11,200.00
15000
0.00
2,964.03
0.00
0.00
-63.04
500.00|| ||||||-139.30
1,000.00|| ||||||**£11,303.64**
**£53,933.23**
1,588.00
4,592.72
0.00
101.99
0.00
182.50
175.00
1,825.00
235.00
907.51
3,500.00
7,546.40
**5,498.00**
**15,156.12**|| ||**Expenditure**|||||| ||**Staff Costs**
Salaries CC 1
Pension Costs NEST
Vialble
Freelance Wendy
Blemigs
Governance Trustee
expenses (Noelle)
Dawn Richardson Artistic
Director
**Total Staffing**|||||| |||||||**0.00**| |**Festival Expenditure **
**CC 2**
Dawn Richardson project
Artist Costs Oct5 23
Beirut Inv Folder
**Overheads**
Insurances
Copier /
Print/Post/Stationery
Festival Merchandise
Advertising & Promotion
Travel**D Richardson**
Consultants Fees &
Subscriptions
Legal & Professional Arts
& Business
Audit & Accountancy
Bank Charges
Glasgow expenses
catering subsistence etc
Office Equipment / hire /
S/w sub/ Website
**Total Overheads**
**Total Expenditure**
**Operating**
**Surplus/(Deficit)**
**Net Funds Carried**
**Forward**|0.00
4,072.50
-11,767.51
0.00
2,500.00
2,500.00
2870.00
1,605.00
-1,945.00
**2870.00**
**8,177.50**
**-11,212.51**
0.00
24.00
24.00
0.00
100.00
100.00
0.00
116.51
116.51
0.00
300.00
300.00
455.19
308.97
-146.22
0.00
0.00
0.00
0.00
45.00
45.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
260.83
-782.48|15,840.01
16,290.01
10,000.00
10,000.00
6,420.00
6,420.00
**32,260.01**
**32,710.01**
96.00
96.00
400.00
400.00
466.02
466.02
1,200.00
1,200.00
1,235.87
1,235.87
0.00
0.00
180.00
180.00
0.00
0.00
0.00
0.00
1,043.30
1,043.30|15,840.01
16,290.01
10,000.00
10,000.00
6,420.00
6,420.00
**32,260.01**
**32,710.01**
96.00
96.00
400.00
400.00
466.02
466.02
1,200.00
1,200.00
1,235.87
1,235.87
0.00
0.00
180.00
180.00
0.00
0.00
0.00
0.00
1,043.30
1,043.30| |---|---|---|---| ||386.00
113.16
-272.85
**841.19**
**1,268.45**
**-616.04**
**£5,499.19**
**£9,129.99**
**-**
**£16,112.65**
**-**
**£5,499.19**
**£4,353.32**
**£20,988.30**|452.62
452.62
**5,073.81**
**5,073.81**
**£46,991.94**
**£36,519.94**
**£18,244.93**
**£17,413.29**|0.00
452.62
**0.00**
**5,073.81**
**£5,948.00**
**£52,939.94**
**£17,251.64**
**£993.29**| |||£33,038.43|| ## **Cost Centre Summary - Fy23-24 Apr 2023 - Mar 2024** ||||||||**Bal 31**|| |---|---|---|---|---|---|---|---|---| ||**Receipt**|**Cost**|**Bal**|||**CC**|**March**|| |**Income Stream**|**Date**|**Centre**|
**1/4/23**|**Income**|**Expenditure**|**Transfer**|**24**|**Notes / designated expenditure**| |||||||yearend||| ||||£B/f|£|£|adj|£c/f|| |UU Future Screen Grant Jul||||||||| |/Dec 23|Jul/ Dec 23|CC1|7081.79|21420.22|5,331.61|0.00|23,170.40|Staffing Costs/ Dawn inv Oct 36hrs| |Mental Health Foundation||CC2|5000|0|2,791.50|0.00|2,208.50|Dawn R invoice April invs x2 Beirut| ||May , Jun|||||||| |QUB Film Hub|2023|CC3||2964.03|2964.03|0|0.00|Dawn R invoice 26/4| |Belfast City Council|Jul-23|CC5||6160.96|6173.83|12.87|0.00|Fight Words May 23 invs Artist /**20% due D/down**| |Dormant Accounts|Sep-23|CC6||3000|1510.87|0|1,489.13|Glasgow trip| |ACNI (Nov 23)|Nov-23|CC7||4194|2870|0|1,324.00|**10% grant to drawn down**| ||May jun jul|||||||| |Baring Trust|23|CC8||26200|21374.84|0|4,825.16|DR 26/4 /Beirut Project| |**Total Restricted**|||**12081.79**|**63939.21**|**43,016.68**|**12.87**|**33,004.32**|| |**Unrestricted**||Core|2711.71|436.96|3,530.83|-12.87|-382.16|Governance Noelle / Dawn travel Glasgow etc| |Eventbrite/ paypal QUB||||||||| |General|May-23|||860.7|444.43||416.27|D Richardson inv 26/4| |**Total Unrestricted**|||**2711.71**|**1297.66**|**3975.26**|**-12.87**|**34.11**|| |**Total Funds**|||**14793.5**|**65236.87**|**46,991.94**|**0.00**|**33,038.43**||