Company registration number.. N1072553 Charity registration number: 103457 Belfast Plaiforni for the Arts (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2023 Hopper & Co Chartered Accountant & Registered Auditor 6 Doagh Road Ballyclare Co Antrim BT39 9BG
Belfast Plafform for the Arts Contents Reference and Administrative Details Trustees, Report 2to5 Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Acttvities Balance Sheet Notes to the Financial Statements Ioto 16
Belfast Platform for tbe Arts Reference and Administrative Details Trustees '. Meadhbh McIlgonn (Resigned 21 April 2022) Aine McGuinness (Resigned 21 April 2022) Jessica Gunn (Resigned 21 April 2022) Latisha Reihill (Resigned 21 April 2022) Malachy Mccrudden (Resigned 21 April 2022) Holly Foskett (Resigned 19 October 2022) Laura Harvey-Graham (Resigned 21 April 2022) Xavier Mercade Cosla (Resigned 25 March 2023) Lenka Davidikova (appointed 20 April 2023 and Resigmed 17 September 2023) Ekalerina Solomatina (appointed l May 2022) Ekaterina Buryakova (appointed l October 2022 and Resigned 16 May 2023) Amy Gibney Devlin (appointed l March 2023) Chloe Austin (appointed 20 May 2022 and Resigned l October 2022) Hannah Rose Gilbert-mcmurray {appointed 9 August 2023) Charity Registration Number 103457 Company Registration Number N1072553 The charity is incon)orated in Northern Ireland. Units 37-38 Connswater Shopping Centre Bloomfield Avenue Belfast BT5 5LP Registered Office Independent Examiner Hopper & Co Chartered Accountant & Registered Auditor 6 Doagh Road Ballyclare Co Antrim BT39 9BG Bankers HSBC Royal Avenue 25-29 Royal Avenue Belfast Co Antrim BTI IFB Page I
Belfast Plarforni for the Arts Trustees, Report The trustees, who are also directors for the purposes of company law. present their annual report together with the financial statements of the charitable company for the year ended 31 March 2023. Legal and administrative infom)ation is contained on the company infornjatton page preceeding this report. Objeetives and aclivities Objects and aim Belfast Platform for Ihe Arts ( known as Plarforn] ) 15 a voluntsry organisation established in May 2009 by a group of concerned individuals to assist persons with artistic talents to promote themselves to the general public and to advance the education and understsnding of the public in the promotion and appreciation of the Arts in Belfast and beyond. We seek to acheive this by holding regular exhibitlODS and run a programme of events designed to meet these objectives. We are an artist led studio group and comtemporary art gallery now based in East Belfast. Our role is to actively promote creative expression, presentation and access to contemporary art practice through our Exhibition. Outreach and Studio Programmes. We are managed by a Board of Directors drawn from a wide range of organisalions connected with the Arts, all of whom have practical working knowledge of the Arts. and who are well quailfied and experienced in their fields of expertise. Publle benefll We assist emerging artists in necessitous circumstances to become self-supporting by the provision of studio space and facilities, advice and training. allowing them to develop iheir lalents. We also manage an arena for public art exhibitions, demonstrations and lectures and as a centre for other art related activities which encourage5 appreciation for and participation in community based arts activities designed to enable members of the general public to explore their creativity. These activities serve to educate and inforni the general public in the appreciation of the arts. The trustees confirn Ihat they have complied with the requirements of section 4 of the Charities Act 2008 10 have due regard to the public benefit guidance published by The Charity Commission for Northern Ireland. Page 2
Belfast Platform for the Arts Trustees, Report Achievemenls and performance On the I st November 2019 we were made aware by our landlord that we had to vacate our premises at l Queen Street, Belfast by 1st March 2020. We met this deadline and moved to new premise5 at Connswater Shopping Centre where we have made a strong connection and established ourselves as part of th¢ communtty and ecosystem there. East Belfast ha5 seen a creative gentrification initiative which Platform Arts has also played a part in. With 'in" person exhibitions finally resuming to post Covid normality in March 2021. we decided to go back from virtual exhibitions to opening the gallery once again fully to the public and continue with shows similar to prior Covid 19. With being placed in new premises this was the time to establish our mark in East Belfast with 5UPPOrt from the Centre management and other local galleries around. In November 2021 we hosted Platform's first Salonathon Exhibition which was an open invitation for local artists to submit work to be exhibited. This open call has seen 70 artworks from both professional as well as novice artists. The exhibition guaged a huge amount of interaction and interest as well as donations to ihe gallery. It was filmed and documented by local TV channel NVTV which put our stamp on our new home in East Belfast. With a newly established residence and the ability to hav¢ in person shows again the space has also welcomed three new artists in residence which has helped support the gallery with adminlmaintenance costs. In 2021-22 the gallery has seen exhibition applications from both local and international artists which is now helping to build Platforni's slatus as an estsblished Belfast artist run, artist led gallery. In 2022-23 Platfonn Arts has focused on building a stronger community spirit and collective mindset among members of the arts organisation. We brought up the numbers of studio holders filling all 6 residences. We had a number of collaborative meetings aboul the overall direclion the venue is going to develop which included co-directors and studio holders. We held the first community Christmas event inviting over 200 people to come through our doors daily. We had a Spring call out for young artists aged 3 - 12 years old. Our regular graduate exhibition look place in June. We introduced new artist voices lo the general public, exhibiting Beth Fox, David Younglove. Hattie Godfrey and nmany others. We broughi more established artists like Patrick Hickey to keep up the fine art standards. This year we focused more on engaging with locals and held a number of artists talks and some workshops. In the future Platfomi Arts is planning to expand its Board of Directors and find ways to attract more Arts Council support. Financial review Princlpalfunding sources The main incoming resources are donations from members for the use of studio accomodation. In addition the Platforn) beneifts from the use of the Belfast premises on a reni free basis, the notional rent value of £35,000 p.a. is shown as both an incomtn8 and outgoing resource. Structure, governanee and management Nature olgoverning documenl Belfast Platforni for the Arts is a company limited by guarantee which is governed by its Memorandum and Articles of Association. Page 3
Belfast Platform for the Arts Trustees. Report Recruitmenl and appoinlmenl of lrnslees Trustees, who are also Executive Committee members, are nominated and elected annually by full members at the AGM and also by the Executive Committee during the year to fill casual vacancies should the need arise. Existing Committee members are eligible for re-election. oifice Bearers are elected by the Committee from among their number at the first full Committee meeting after the AGM. Arrdngemenlsfor sertlng key managemenlpersonnel remuneralion Management of the charity is undertaken by the Trustees. No remuneration for services is paid to any Trustee. Finaneigl instruments ObJecÉlves andpolleles The charity's activities expose it to a number of financial risks including credit risk. cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity's policies approved by the board of trustees, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use d¢rivativ¢ financial instrum¢nts for speculative purposes. Cashflow rtsk The charity's aclivities expose it primarily io the financial risks of changes in donation and event based income. The use of studio accomodalion is closely monitored and regular events are held io maintain income. Interest bearing assets and liabilities are held at fixed rate to ensure certainty of cash flows. Credll rlsk The charity's principal financial assets are bank balances and cash, trade and other receivables. and investments. The charity's credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairnienl is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows. The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers. Llquldlty rlsk In order to maintain liquidity to ensure that sufTicient funds are available for ongoing operations and future developments, the charity maintains an adequate level of cash reserves. Small companies provislon statement This report has been prepared in accordance with the small companies regime under the Companies Act 2006. Page 4
Belfast Plarforni for the Arts Trustees, Report The annual report was approved by the trustees of the charity on 26 March 2024 and signed on its behalf by: Ekaterina Solomatina Director and Trustee Amy bney Devlin Director and Trustee Page 5
Belfast Platform for the Arts Statement of Trustees, Responsibilities The trustees (who are also the directors of Belfast Platform for the Arts for the purposes of company law) are responsible for preparing the trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies. Company law requires the trustees to prepare financial statements for each financial year. Under cornpany law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and apply them consistently. observe the methods and principles in the Charities SORP. make judgements and estimate5 that are reasonable and prudent" State whether applicable accounting standards. comprising FRS 102 have been followed. Subject to any material departures dR5closed and explained in the financial statements. and prepare the financial statements on the going concern b&sis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial inforniation included on the charitable company's website. Legislation governing the preparation and dissemination of rinancial statements may differ from legislation in other jurisdictions. Approved by the trustees of the charity on 26 March 2024 and signed on its behalf by: Ekaterina Solomatina Director and Trustee Amy ibney Devlin Director and Trustee Page 6
Belfast Platform for the Arts Independent ExamiDer's Report to the trustees of Belfast Platforni for the Arts ('the Company,) I report to the charity trnstees on my examination of the accounts of the Company for the year ended 31 March 2023. Responsibilities and basis of report As the charity's trustees of Belfast Platforni for the Arts (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts . You consider that an audit is not required for this year under Section 65(2) of the Charities Act (Northern Ireland) 2008 (the 2008 Act) and that an independent examination is required. Having satisfied myself that the accounts of Belfast Platforn) for the Arts are not required to be audited and are eligible for independent examination. I report in respect of my examination of your charity's accounts as carried out under section 65(3) of the 2008 Act. In carrying out my examination I have followed the Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the 2008 Act. Independent examiner's Statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: l. accounting records were not kept in respect of Belfast Plarforni for the Arts as required by section 386 of the Companies Act 2006" or 2. the accounts do not accord with those records" or 3. the accounts do not comply with the accounting requirements of section 396 of th¢ Companies Act 2006 other than any requirement that the accounts give a 'true and fair vieNV which is not a matter considered as part of an independent examination" or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with rhe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no conc should be d and have qome across no other matters in connection with the examination to which attention in this r in order to enable a proper understanding of the accounts to be reached. Michael red Accountant & Registered Auditor hartered Accountants Ireland 6 Doagh Road Ballyclare Co Antrim BT39 9BG 27 March 2024 Page 7
Belfast Plarform for the Arts Statement of Financial Activities for the Year Ended 31 March 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted funds Total 2023 Note Income and Endowments from: Donations and legacies 42,545 42,545 Total income 42,545 42,545 Expenditure on: Raising funds (41,801) (41,801) Total expenditure (41,801) (41,801) Net income 744 744 Net movement in funds 744 744 Reconciliation of funds Total funds brought forward 256 256 Total funds carried forward 12 1,000 Unrestricted funds 1,000 Total 2022 Note Income and Endowments from: Donations and legacies 41,125 41,125 Total income 41,125 41,125 Expenditure on: Raising funds (44,007) (44,007) Total expenditure (44.007) (44,007) Net expenditure (2,882) (2,882) Net movement in funds (2,882) (2,882) Reconeiliation of funds Total funds brought forward Total fvnds carried forward 3,137 3,137 12 255 255 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2022 and 2023 is shown in note 12. The notes on pages 10 to 16 forni an integral part of these financial statements. Page 8
Belfast Plarform for the Arts (Registration number: N1072553) Balance Sheet as at 31 March 2023 2023 2022 Note Current assets Debtors Cash at bank and in hand 1,125 2,096 1,125 1,391 io 3,221 2,516 Creditors: Amounts falling due within one year (2,221) {2,261) Net assets 1,000 255 Funds of the charity: Unrestricted income funds Unrestricted funds 1,000 255 Total funds 12 1,000 255 For the financial 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 meTnbers have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476. and The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The financial statements on pages 8 to 16 were approved by the trustees, and authorised for issue on 26 March 2024 and signed on their behalf by: Ekaterina Solomatina Director and Trustee Am Gibney Devlin Director and Trustee The notes on pages l O to 16 form an integral part of these financial statements. Page 9
Belfast Platform for the Arts Notes to the Financial Statements for the Year Ended 31 March 2023 I Charity status The charity is limited by guarantee, incorporated in Northern Ireland, and consequently does not have Share capital. Each of the trLtStees is liable to contribute an amouni not exceeding £1 towards the assets of the charity in the event of liquidation. The address of its registered office is: Units 37-38 Connswater Shopping Centre Bloomfield Avenue Belfast BT5 5LP These financial statements were authorised for issue by the Irustees on 26 March 2024. 2 Aecounting policies Summary of significant Aeeounting policies and key accounting eslimales The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. Statement of eompliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recomm¢nded 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 l January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act {Northern Ireland) 2008. Basis of preparation Belfast Platform for the Arts meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Going concern The financial statements have been prepared on a going concern basis. The trustees assess whether the use of going concern 15 appropriate i.e. whether there are any material uncertainties related to events or Conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements. Income and endowments All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably. Page 10
Belfast Platform for the Arts Notes to the Financial Statements for the Year Ended 31 March 2023 Donations ond legacies Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the Charity before the charity is entitled to the funds, the income is deferred and not recogni5ed until either those conditions are fully met, or the fulfilment of those conditions 15 wholly within the Control of the charity and it is probable that these conditions will be fulfilled in the reporting period. Grants receivable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where perforniance conditions are attached io the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released. Donaled services andfacilities Where services or facilities are provided to the charity as a donation that would normally be purchased from our suppliers, this benefit is included in the financial statements at it's fair value unless it's fair value cannot be reliably measured. then at the cost to the donor or the resale value of goods that are to be sold. Gift aid Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate. Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources. with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Raisiiigfunds These are costs incurred in attracting voluntary income, the rnanagement of investments and those incurred in trading activities that raise funds. Support cosls Support costs include central fvnctions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas. or per capita, staff costs by the time spent and other costs by their usage. Taxation The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exeTnpt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tangible fixed assets Individual fixed assets costing £1.00 or more are initially recorded at C05L less any subsequent accumulated depreciation and subsequent accumulated impairment1055es. Page 11
Belfast Plarform for the Arts Notes to the Financial Statements for the Year Ended 31 March 2023 Depreciation and amortisalion Depreciation is provided on tangible fixed assets so as to write off the Cost or valuation, less any estimated residual value, over their expected useful economic life &8 follows: Asset class Furniture and equipment Depreciation method and rate 33 % straight line Trade debtors Trade debtors are arnounls due from customers for merchandise sold OT services perfornied in the ordinary course of busines5. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impaimient. A provision for the impairn)ent of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original tems of the receivables. Cash and cash equivAlents Cash and cash equivalents comprise cash on hand and call deposits. and oiher short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of hange in value. Trade creditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period. to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right io defer settlement for at least twelve months after the reporting date. they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Fund structure Unrestricted income ndS are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. Financial instruments Classlfleatlon Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument. Financial liabilities and equity instrumen15 are classified according lo the substance of the contractual arrangements entered into. An equity instrument is any contrdct that evidences a residual interest in the assets of the charity after deducting all of ils liabilities. Page 12
Belfast Platform for the Arts Notes to the Financial Statements for the Year Ended 31 March 2023 Recognlllon and measurement All financial assets and liabilities are initially measured at transaction price (including transaction Costs). except for those financial asseis classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a rinancing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets and liabilities ar¢ only offset in the statement of financial position when. and only when there exists a legally enforceable right to set off the recognised amounts and th¢ charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously. Financial assets are d¢re¢ognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled. b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset. or c) the charity, despite having retained some, but not all. significant risks and rewards of own¢rship, has transferred control of the asset to another party. Financial liabilities are der¢cognised only when the obligation specified in the contract is discharged, cancelled or expires. 3 Income from donations and legacies Unrestricted funds General Total funds Donations and legacies. Donations from individuals Grants, including capital grants: Grants from other charities Donated services and facilities Other income from donations and legacies 3,860 3,860 3,535 35,000 150 3.535 35,000 150 Total for 2023 42,545 42,545 Total for 2022 41,125 41,125 4 Investment income Total funds Total for 2023 Page 13
Belfast Platform for the Arts Notes to the Financial Statements for the Year EDded 31 March 2023 5 Expenditure on raising funds a) Costs of generating donations and legacies Unrestricled funds General Tolal funds Note Donated services and gifts in kind Allocated support costs 35,000 6,801 6,801 Total for 2023 41.801 41,801 Total for 2022 44,007 44.007 Page 14
Belfast Platform for the Arts Notes to the Financial Statements for the Year Ended 31 March 2023 Total costs 6 Net incomingloutgoing resources Net incomingl(outgoing) resources for the year include: 2023 7 Trustees remuneration and expenses No trustees, nor any persons connected with them, have received any remuneration from the charity during th¢ year. 8 Taxation The charity is a regist¢red charity and is therefore exempt from Lgxation. 9 Debtors 2023 2022 Trade debtors ,125 1,125 10 Cash and eash equiv8lents 2023 2022 Cash on hand Cash at bank 146 1,950 1,391 2,096 1,391 I I Creditors: amounts falling due within one year 2023 2022 Other creditors Accruals 1,141 1.080 1,241 1,020 2,221 2,261 12 Funds Page 15
Belfast Plarform for the Arts Notes to the Financial Statements for the Year Ended 31 March 2023 Balance at I April 2022 Incoming resources Resourees expended Balance at 31 March 2023 Unrestricted funds General 256 42,545 (41,801) 1.000 Balance at I April 2021 Incoming resources Resources expended Balance at 31 March 2022 Unrestricted funds General 3,137 41,125 {44,007) 255 13 Analysis of net assets between funds Unrestricted funds General Total funds at 31 March 2023 Current assets Current liabilities 3,221 (2,221) 3,221 {2,221) Total net assets ,000 1,000 Unrestrieted funds General Total funds at 31 March 2022 Current assets Current liabilities 2.516 (2.261) 2,516 (2.261) Total net assets 255 255 14 Analysis of net funds At l April 2022 Financing cash At 31 March flows 2023 Cash at bank and in hand 1,391 705 2.096 Net debt 1,391 At l April 2021 705 Financing cash flows 2,096 At 31 March 2022 Cash at bank and in hand 4,947 (3.556) 1,391 Net debt 4,947 (3,556) 1,391 15 Related party transactions Page 16
Belfast Platform for the Arts Statement of Financial Activities by fund for the Year Ended 31 March 2023 Unrestricted Funds Total Total Unrestricted Unrestricted Funds Funds 2023 2022 Income and Endowments from: Donations and legacies 42.545 41.125 Total income 42,545 41,125 Expenditure on: Raising funds (41,801) (44,007) Total expenditure 41,801) (44,007 Net incomel(expenditure) Net movement in funds 744 {2,882) 744 (2,882) Reconciltation of funds Total fund5 brought forward Total funds carried forward 256 3,137 ,000 255 This page doe5 not form part of the statutory financial statements. Page 17
Belfast Platform for the Arts Detailed Statement of Financial Activities for the Year Ended 31 March 2023 Total 2023 Total 2022 Income and Endowments from: Donations and legacies (analysed below) 42,545 41,125 Total income 42,545 41,125 Expenditure on: Raising funds {analysed below) (41,801) (44,007) Total expenditure (41,801) (44.007) Net incomel(expenditure) 744 (2,882) Net movement in fund5 744 (2.882} Reeoneiliation of funds Total funds brought forward 256 3,137 Total ndS carried forward 1,000 255 Thi5 page does not forni part of the statutory financial statements. Page 18
Belfast Plarform for the Arts Detailed Statement of Financial Activities for the Year Ended 31 Marcb 2023 Total 2023 Total 2022 Donalions and legacies Grants other agencies Donated use of facilities Rental income Other income 3,535 35,000 3,860 150 1,857 35,000 4,040 228 42,545 41,125 Raislngfunds Programm¢ costs Rent and rates Light, heat and power Insurance Repairs and maintenance Telephone and fax Sundry expenses Cleaning Independent examiner's fee (1,553) (35,000) {2,860) (2,110) (35,000) (1,921) (1,696) (1,977) (365) (267) (131) (540} (596) (1,238) (14) (540) (41,801) (44,007 This page does not fom] part of the statutory financial statements. Page 19