| Unrestricted | Unrestricted | Funds | Restricted | Restricted | TOTAL | TOTAL | ||
|---|---|---|---|---|---|---|---|---|
| General | Funds | FUNDS | FUNDS | |||||
| Note | Reserve 6 |
Designated f |
6 | 2021 | 2020 6 |
|||
| Income from: | ||||||||
| Donations Charitable Activities: |
1,859 | 1,859 | 506 | |||||
| Operation ofStudios and Gallery Other Trading Activities: |
104,201 | 104,201 | 272,893 | |||||
| Shop Sales investments Other Income: Disposal of Head Lease Other income: CJRS grant |
1,757 127 590,755 57,480 |
1,757 127 590,755 57480 |
9,565 592 |
|||||
| Total Income | 756,179 | 756179 | 283,556 | |||||
| Ex~cadi re on |
||||||||
| Raising Funds: | ||||||||
| Shop Sales Charitable Activities: |
2,121 | 2,121 | 7,962 | |||||
| Operation ofStudios and Gallery Total Expenditure |
226,374 228,495 |
989 989 |
227 363 229484 |
284 487 292 449 |
||||
| Net Income I(Net Expenditure) | ||||||||
| Before Transfers | 527,684 | (989) | 526,695 | (8,893) | ||||
| Transfers Between Funds | 18. | 54444 | ~54 444 | |||||
| Net Income /(Net Expenditure) | ||||||||
| After Transfers | 582,128 | (54,444) | (989) | 526,695 | (8,893) | |||
| Total Funds at Start ofYear | 66,472 | 2 | 189 | 123105 | 131,998 | |||
| Total Funds at End ofYear | 15. | 648,600 | 1,200 | 64 8 0 |
23 05 |
| BA NCE 8 |
8 | AT 31 M RCH 202 | AT 31 M RCH 202 | AT 31 M RCH 202 | ||||
|---|---|---|---|---|---|---|---|---|
| Note | 2021 | 2020 | ||||||
| ~FI*&3 | 6 | 8 | ||||||
| Tangible Assets Investments 8~16 |
8. 9. |
356 100 |
413861 100 413981 |
|||||
| Stocks Debtors snd Payments in Advance Cash and Bank Balances |
10. 11, |
1,207,200 93118 |
11,270 1,078 128,453 |
|||||
| ~tab I ss |
13M | 318 | 148 811 | |||||
| Creditors (amounts | falling due within | 1 year) | 12. | ~am | 824 | ~32433 | ||
| Nst Current Assets | 849.344 | I 8383 | ||||||
| Total Assets less Current Uabllltles | 649,800 | 522,315 | ||||||
| Creditors (amounts | falling due after | 1 | year) | 13. | ~388 211 | |||
| Total Net Assets | 14. | 649 | 800 | 123,105 | ||||
| The unde f eCha |
||||||||
| Unrestricted Funds: |
Designated Funds General Reserve |
843 | 899 | 54,444 as 412 |
||||
| Restricted Funds |
648,600 I 298 |
120,918 2 189 |
||||||
| Total Charity Funds | 15. | 649 | 800 | 123 105 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| 6 | |||||
| Cash flows from o ratin activities Nef cash (used in) operating activities |
~28 68 | ~25,220 | |||
| Cash flow om Investln activities |
|||||
| Interest from investments Purchase of property, plant and equipment |
127 | 592 | |||
| Proceeds from sale oftangible fixed assets | 403595 | ||||
| Net cash provided by investing activities |
403 22 | 592 | |||
| Cash flows from flnancln | |||||
| Repayment of borrowing Net cash (used in) operating activities |
~412Bal ~12000 |
~132M ~13208 |
|||
| Change in cash and cash equivalents |
in the | year | (35,345) | (37,843) | |
| Cash and cash equivalents at the beginning |
ofthe year | 128,463 | 166,306 | ||
| Cash and cash equivalents at the end |
ofthe | year | 03110 | I 8463 | |
| Reconciliation ofne x nditure i |
c me | to net c sh flow | 2021 | 2020 | |
| from ratln a I e |
K | ||||
| Net (expenditure) for the year |
|||||
| (ssper the Statement ofFinancial Activities) Adjustments for: |
526,695 | (8,893) | |||
| Depreciation charges Interest from investments (Increase)/decrease in stocks (Increase)/decrease in debtors Increase/(decrease) in creditors Net cash (used in) / provided by operating |
activities | 9910 (127) 11,270 (1,206,122) 632,3M ~20MB |
16164 (592) 688 ~034M ~20229 |
| 10 | Stk | ||||
|---|---|---|---|---|---|
| , | ocs | 2021 | 2020 | ||
| Raw Materials | 11,270 | ||||
| 11,270 | |||||
| 11. | De tore d Pa men in Advance |
2021 | 2020 | ||
| (all dus within one year) | 6 | ||||
| Income Receivable from Activities | 1,207,200 | ||||
| Prepaid Expenses and Other Debtors | ~7299 | 1,078 1,078 |
|||
| 12. | Creditors m unts fatti due wi |
i | 1 ear | 2021 | 2020 |
| 5 | |||||
| Trade Creditors Social Security Costs and Other Taxes Accrued Expenses Deferred Income (a) Bank loan (see Note 13.) |
441,385 200,099 4,490 5,000 |
6,504 5,314 6,850 137BB |
|||
| DDD 974 | 324 3 | ||||
| (a) Income received In advance from |
contracts: | ||||
| Balance at start of the year Received in advance during the year Released to income during the year Balance at snd ofthe year |
5,000 5 000 |
30,271 ~39.27 |
|||
| 13. | Crsd rs amountsf llln d eafter1 |
esr | 2021 | 2020 | |
| 5 | |||||
| Bank loan | 3911,21 |
| nsfers etween Funds in |
eYear | Unrestricted | Funds | Restricted |
| General | Designated | Funds | ||
| Transfers were as follows: | Reservef | Print Lithof | ||
| Cyclical Repair & Renewal | (a) | 1,494 | (1,494) | |
| Staff Liabilities (b) | 52,950 | (52,950) |
| 17. | 7 I Funds and Mov ments |
in | Y ar | 1 April | 31 March | |||||
| Comparative information for the previous year |
2019f | Income f |
Expenditure f |
Transfers f |
2020 | |||||
| Restricted Funds | ||||||||||
| I'm A Special Designer project Capital Grants and Donations Print Studio Litho |
1,200 1,011 207 |
(22) ~210 |
1,200 989 |
|||||||
| Unrestricted Funds |
2,418 | 3 | 219 | |||||||
| Designated - Fixed Assets Designated - Cyclical Repair 8 Designated -Staff Development General Reserve |
Renewal | 8,496 25,000 5,400 38,896 90,684 129.580 |
283,556 266556 |
(7,002) (186) ~1875 (9,063) ~288154 ~292,2 |
(24,814) 49425 24,611 ~2,014 |
1,494 52,950 54,444 66 72 20916 |
||||
| Total Funds | 131,998 | 283,556 | ~292449 | 123,1 5 |
||||||
| 18. | Fin nctal Commitmen | 2021 | 2020f | |||||||
| At the end ofthe year the Charity | had | a total offuture | minimum | |||||||
| lease payments for a photocopier |
under a non-cancellable operating |
|||||||||
| lease for each ofthe following | periods: | |||||||||
| Not later than 1 year |
142 | |||||||||
| Later than 1 year but not later |
than | 5years | ||||||||
| 142 |