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||HE|ART N SOUL||
|---|---|---|---|
|||Contents||
||||Page|
|Trustees'
Annual
Report|||2-11|
|Independent
Auditor's|Report||12-15|
|Statement
of Financial|Activities||16|
|Balance Sheet|||17|
|Cash Flow Statement|||18|
|Notes to the Financial|Statements||19-27|
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|||||Total|Total|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Funds|Funds|
|Income|Notes|Funds|Funds
f|2021|2020|
|Donations
and grants|2|449,035|899,576|1,348,611|1,318,210|
|Charitable
activities|3|25,011||25,011|46,865|
|Investments|4|216||216|308|
|Total||474,262|899,576|1,373,838|1,365,383|
|Raising funds|5|47,780||47,780|41,416|
|Charitable
activities|6|358,644|910,076|1,268,720|1,244,874|
|Total||406,424|910,076|1,316,500|1,286,290|
|Net income I(expenditure)|10|67,838|(10,500)|57,338|79,093|
|Transfers
between funds|17|||||
|Net movement
in funds||67,838|(10,500)|57,338|79,093|
|Reconciliation
offunds||||||
|Balance brought forward|17|237,136|10,500|247,636|168,543|
|Balance carried forward|17|6304,974|ENiI|f304,974|f247,636|
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||||2021|2020|
|---|---|---|---|---|
||||F|E|
|Cash flows from operating
activities:|||||
|Net movement
in funds per Statement of Financial||Activities|57,338|79,093|
|Adjustments
for:|||||
|Depreciation|||6,167|5,039|
|Losses on disposal oftangible
fixed assets|||490||
|(Increase)/decrease
in debtors|||14,714|25,987|
|Increase/(decrease)
in creditors|||(30,133)|1,998|
|Net cash provided byl(used
in) operating|activities||48,576|112,117|
|Cash flows from investing
activities:|||||
|Purchase oftangible
fixed assets|||(8,092)|(5,492)|
|Net cash provided by/(used
in) investing|activities||(8,092)|(5,492)|
|Increase/(decrease)
in cash|||40,484|106,625|
|Cash and cash equivalents
brought forward|||282,434|175,809|
|Cash and cash equivalents
carried forward|||6322,918|8282,434|
|Analysis
ofcash and cash equivalents|||2021
E|2020
f|
|Cash at bank and in hand|||F322,918|F282,434|
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|2.|DONATIONS|AND GRANTS|AND GRANTS|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|2021|2020|
|||||F|||F|
||Multi-disciplinary||arts|115,624|65,415|181,039|217,837|
||Taking part|||327,319|333,342|660,661|596,822|
||The Hub||||497,819|497,819|499,618|
||Sharing|||6,092|3,000|9,092|3,933|
|||||F449,035|F899,576|F1,348,611|61,318,210|
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|INCOME FROM CHARITABL|E|ACTIVITIES|||||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted||Total|Total|
|||funds||Funds|2021|2020|
|||E||F|E|E|
|Boxoffice fees and commissions||25,011||||46,865|
|||F25,011||FNil|FNil|L46,865|
|All ofthe F46,865 recognised|in|2020 was unrestricted||funds.|||
|INVESTMENT INCOME||Unrestricted|Restricted||Total|Total|
|||funds||Funds|2021|2020|
|Bank interest||F216||ENii|f216|6308|
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|COST OF|RAISING FUNDS|Direct|Support|Total|Total|
|---|---|---|---|---|---|
|||costs|costs|2021|2020|
||||E||E|
|Fundraising|consulting|E47,780|ENil|E47,780|E41,416|
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|EXPENDITURE|ON CH|ARITABLE A|CTIVITIES||||
|---|---|---|---|---|---|---|
||||Other|Support|||
||||Direct|Costs|Total|Total|
||||Costs|(Note 7)|2021|2020|
|||||E|E||
|Multi-disciplinary|arts||84,794|17,294|157,227|181,844|
|Taking Part|||207,709|79,259|529,758|481,948|
|The Hub|||369,431|24,841|573,206|577,629|
|Sharing|||581|1,895|8,529|3,453|
|||E482,916|E662,515|E123,289|E1,268,720|E1,244,874|
||respect of Heart n S|respect of Heart n S|respect of Heart n S|ou|l at T|he Hub.|||||
|---|---|---|---|---|---|---|---|---|---|---|
|7.|SUPPORT COSTS|||||General||Governance|Total|Total|
|||||||Office|Premises|(Note 8)|2021|2020|
|||||||E|E|E||E|
||Multi-disciplinary||arts|||11,235|5,636|423|17,294|18,341|
||Taking Part|||||51,886|25,510|1,863|79,259|70,109|
||The Hub|||||17,560|5,908|1,373|24,841|29,280|
||Sharing|||||1,231|618|46|1,895|1,461|
|||||||E81,912|E37,672|E3,705|E123,289|E119,191|
|8.|GOVERNANCE||COSTS||||||2021|2020|
||||||||||E|E|
||Auditors'|remuneration|||and|related costs|||3,285|3,205|
||AGM and|Trustees'||meetings|||||420|845|
||||||||||E3,705|E4,050|
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||FOR THE YEAR END|FOR THE YEAR END|ED 31 MARCH 2|ED 31 MARCH 2|021||
|---|---|---|---|---|---|---|
|13.|TANGIBLE FIXEDASSETS||Technical||Office||
||||Equipment||Equipment|Total|
||||L||||
||Cost||||||
||Balance at 1 April 2020||26,630||52,020|78,650|
||Additions||||8,092|8,092|
||Disposals||||(14,534)|(14,534)|
||Balance at 31 March 2021||26,630||45,578|72,208|
||Depreciation||||||
||Brought forward at 1 April 2020||25,399||44,280|69,679|
||Charge for year|||769|5,398|6,167|
||Eliminated
on disposal||||(14,044)|(14,044)|
||Balance at 31 March 2020||26,168||35,634|61,802|
||Net book value||||||
||As at 31 March 2021||F462||E9,944|F10,406|
||As at 31 March 2020||61,231||F7,740|E8,971|
|14.|DEBTORS||||2021|2020|
||||||F|E|
||Trade debtors||||2,300|4,518|
||Accrued income||||113,718|119,401|
||Other debtors||||6,126|4,599|
||Prepayments||||9,100|17,440|
||||||F131,244|8145,958|
|15.|CREDITORS: Amounts|falling due within|one year||2021|2020|
|||||||E|
||Trade creditors||||22,695|12,042|
||Social security and other|taxes|||2,759|2,900|
||Other creditors||||2,882|5,914|
||Accruals||||43,860|35,700|
||Deferred
income (see note 16)||||87,398|133,171|
||||||L159,594|6189,727|
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||FOR THE|YEAR ENDED 31|MARCH 20|21||
|---|---|---|---|---|---|
|16.|DEFERRED INCOME|Balance|Additions|Released|Balance|
|||brought|in|To|Carried|
|||forward|year|Income|Forward|
||Grants and donations|f133,171|F87,398|f(133,171)|f87,398|
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|budgets|||||||||
|---|---|---|---|---|---|---|---|---|
|MOVEMENT|IN||Balance|Movement||in||Balance|
|FUNDS|||At|Resources|||Transfers|At|
||||1 April|Income|Expenditure|||31 INarch|
||||2020
f.|||||2021f|
|Unrestricted|funds||||||||
|General funds|||237,136|474,262||406,424||304,974|
||||237,136|474,262||406,424||304,974|
|Restricted funds|||||||||
|Multi-disciplinary||arts||65,415||65,415|||
|Taking Part|||10,500|333,342||343,842|||
|The Hub||||497,819||497,819|||
|Sharing||||3,000||3,000|||
||||10,500|899,576||910,076|||
|Total funds|||f247,636|f1,373,838|61,316,500||fNil|f304,974|
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|Comparative
in|form|ation|for the net m|ovement
in funds
is|ovement
in funds
is|as follows|||
|---|---|---|---|---|---|---|---|---|
||||Balance|Movement||in||Balance|
||||Al|Resources|||Transfers|Al|
||||1 April|Income|Expenditure|||31 March|
||||2019|||||2020|
||||f|||||f|
|Unrestricted|funds||||||||
|General funds|||167,583|462,367||392,814||237,136|
||||167,583|462,367||392,814||237,136|
|Restricted funds|||||||||
|Multi-disciplinary||arts||91,512||91,512|||
|Taking Part|||960|309,386||299,846||10,500|
|The Hub||||499,618||499,618|||
|Sharing||||2,500||2,500|||
||||960|903,016||893,476||10,500|
|Total funds|||f168,543|f1,365,383|f1,286,290||fNil|f247,636|
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|ANALY|SIS OF NET ASSETS|BETWEEN FUNDS|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds
f|Funds
f|2021|
|Tangible|fixed assets|10,406||10,406|
|Current|assets|341,849|112,313|454,162|
|Current|liabilities|(47,281)|(112,313)|(159,594)|
|||f304,947|fNil|f304,974|
|Compara|tive
information
for th|e analysis ofnet assets|between
fund|s is as follows;|
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
||||f|f|
|Tangible|fixed assets|8,971||8,971|
|Current|assets|270,530|157,862|428,392|
|Current|liabilities|(42,365)|(147,362)|(189,727)|
|||f237,136|f10,500|f247,636|
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|Total future|Total future|minimum|lease payments|under non-cancellable
operating|leases are as|
|---|---|---|---|---|---|
|follows:||||||
|||||2021|2020|
||||||L|
|Amounts|due within:|||||
|One year||||10,037|9,739|
|One to five||years||11,349|14,355|
|||||621,386|624,094|
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