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||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|5|
|Independent<br>Examiner's|Report||||
|Statement ofFinancial Activities||7|to|8|
|Balance Sheet|||||
|Cash Flow Statement|||10||
|Notes to the Cash Flow|Statement||||
|Notes to the Financial Statements||12|to|18|
|Detailed Statement ofFinancial Activities||19|to|20|





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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Designated|Total|Total|
||||fund|fund|fund|funds|funds|
|||Notes||||||
|INCOME|AND|||||||
|ENDOWMENTS FROM||||||||
|Donations|and legacies||901|||901|307|
|Charitable|activities|||||||
|Art Bridge|&Costs|||44,959||44,959||
|OfCourse|We Can|||2,398||2,398|7,534|
|NHS||||279,747||279,747|42,566|
|VIA|||||||2,838|
|GEM||||20,292||20,292|20,805|
|Whole Schools|||||||2,780|
|Alzheimers|group|||1,489||1,489|2,565|
|Cheltenham|Connection||||||1,443|
|Carnival||||36,275||36,275|9,175|
|GCT|||||||13,125|
|AdEd SLA 18/19|||||||134,596|
|Art Bam|||||||11,328|
|DAB||||769||769|1,043|
|Aded Flex|||||||56,619|
|AdEd SLA 19/20||||145,032||145,032|50,210|
|Inc leadership|||||||3,000|
|Garfield Weston|||||||1,250|
|A&iEd SLA 20/21||||90,165||90,165||
|Core Contribution|||152,991|||152,991||
|Other trading activities||2|9,736|||9,736|13,056|
|Investment|income|3|2,100|||2,100|1,343|
|Total|||165,728|621,126||786,854|375,583|
|EXPENDITURE ON||||||||
|Raising funds||4|71,771|||71,771|10,132|
|Charitable|activities|||||||
|Art Bridge|&Costs|||44,959||44,959||
|OfCourse We Can||||2,398||2,398|3,678|
|NHS||||279,748||279,748|42,067|
|VIA|||||||2,837|
|GEM||||20,291||20,291|20,805|
|Whole Schools|||||||655|
|Governance|costs||6,674|||6,674|1,920|
|Alzheimers|group|||1,490||1,490|4,189|
|Cheltenham|Connection||||||909|
|Carnival||||36,275||36,275|7,763|
|GCT|||||||17,425|
|AdE&I SLA|18/19||||||134,557|
|Ait Bam|||||||9,605|





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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Designated|Total|Total|
|||Notes|fund<br>f,|fund|fund|funds|fundsI|
|DAB||||769||769|1,043|
|Aded Flex|||||||44,643|
|AdEd SLA 19/20||||145,031||145,031|51,177|
|CV19|||8,698|||8,698|1,701|
|AdEd SLA 20/21||||90,165||90,165||
|Other|||||||1,063|
|Total|||87,143|621,126||708,269|356,169|
|Fund Transfer|||~78,586)||78,586|||
|NET INCOME|||||78,586|78,586|19,414|
|RECONCILIATION|OF|||||||
|FUNDS||||||||
|Total funds brought|forward||10,551||196,845|207,396|187,982|
|TOTAL FUNDS CARRIED||||||||
|FORWARD|||10,551||275,431|285,982|207,396|





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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Designated|Total|Total|
||||fund|fund|fund|funds|funds|
|||Notes||||||
|CURRENT|ASSETS|||||||
|Debtors||9|3,918|318,541||322,459|197,054|
|Cash at bank|and in hand||6,633|179,324|275,431|461,388|319,034|
||||10,551|497,865|275,431|783,847|516,088|
|CREDITORS||||||||
|Amounts<br>falling due within one||||||||
|year||10||(497,865)||(497,865)|(308,692)|
|NET CURRENT ASSETS|||10,551||275,431|285,982|207,396|
|TOTAL ASSETSLESS||||||||
|CURRENT|LIABILITIES||10,551||275,431|285,982|207,396|
|NET ASSETS|||10,551||275,431|285,982|207,396|
|FUNDS||||||||
|Unrestricted|funds|||||10,551|10,551|
|Endowment|funds|||||275,431|196,845|
|TOTAL FUNDS||||||285,982|207,396|





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||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Notes|||
|Cash flows from operating|activities||||||
|Cash generated<br>from operations||||1|140,254|126,867|
|Net cash provided by operating||activities|||140,254|126,867|
|Cash flows from investing|activities||||||
|Interest received|||||2,100|1,343|
|Net cash provided<br>by investing||activities|||2,100|1,343|
|Change in cash and cash equivalents|||in||||
|the reporting<br>period|||||142,354|128,210|
|Cash and cash equivalents|at|the|||||
|beginning<br>ofthe reporting|period||||319,034|190,824|
|Cash and cash equivalents|at|the end|of||||
|the reporting<br>period|||||461,388|319,034|





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|RECONCILIATION|RECONCILIATION|OF NET INCOME TONET CASH FLOW FROM|OF NET INCOME TONET CASH FLOW FROM|OPERATING||
|---|---|---|---|---|---|
|ACTIVITIES||||||
|||||2021|2020|
|Net income for the|reporting||period (asper the Statement ofFinancial|||
|Activities)||||78,586|19,414|
|Adjustments<br>for:||||||
|Interest received||||(2,100)|(1,343)|
|Increase in debtors||||(125,405)|(190,631)|
|Increase in creditors||||189,173|299,427|
|Net cash provided|by|operations||140,254|126,867|



## 

||At 1/4/20|Cash flow|At 31/3/21|
|---|---|---|---|
|Net cash||||
|Cash at bank and in hand|319,034|142,354|461,388|
||319,034|142,354|461,388|
|Total|319,034|142,354|461,388|





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|2.|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|||
|---|---|---|---|---|---|
|||||2021|2020|
||Earned income|||9,039|13,056|
||Commissioned|Services||697||
|||||9,736|13,056|
|3.|INVESTMENT INCOME|||||
|||||2021|2020|
||Interest receivable|||2,100|1,343|
|4.|RAISING FUNDS|||||
||Raising donations||and legacies|||
|||||2021|2020|
||Premises costs|||7,965|7,587|
||Insurance|||2,434|2,422|
||Bank charges|||64|60|
|||||10,463|10,069|
||Other trading|activities||||
|||||2021|2020|
||Purchases|||360||
||Staffcosts|||60,948||
||Travel||||63|
|||||61,308|63|
||Aggregate<br>amounts|||71,771|10,132|



## 



## 

|STAFF COS|TS||||||
|---|---|---|---|---|---|---|
||||||2021f|2020|
|Wages and salanes|||||236,711|260,240|
||||||236,711|260,240|
|The average monthly||number ofemployees||during the year was as follows:|||
||||||2021|2020|
|Employees|||||34|34|
|No employees|received emoluments||in excess off60,000.||||



|No employees<br>received emoluments<br>in excess of|No employees<br>received emoluments<br>in excess of|f60,000.||||
|---|---|---|---|---|---|
|COMPARATIVES FOR THE STATEMENT||OF FINANCIAL|ACTIVITIES|||
|||Unrestricted|Restricted|Designated|Total|
|||fund|fund|fund|fundsf|
|INCOME|AND ENDOWMENTS FROM|||||
|Donations|and legacies|307|||307|
|Charitable|activities|||||
|OfCourse|We Can||7,534||7 534|
|NHS|||42,566||42,566|
|VIA|||2,838||2,838|
|GEM|||20,805||20,805|
|Whole Schools|||2,780||2,780|
|Alrheimers|group||2,565||2,565|
|Cheltenham|Connection|1,443|||1,443|
|Carnival|||9,175||9,175|
|GCT|||13,125||13,125|
|AdE(i SLA 18/19|||134,596||134,596|
|Art Barn|||11,328||11,328|
|DAB|||1,043||1,043|
|Aded Flex|||56,619||56,619|
|AdEEi SLA 19/20|||50,210||50,210|
|lnc leadership|||3,000||3,000|
|Garfield Weston|||1,250||1,250|
|Other trading activities||13,056|||13,056|
|Investment|income|1,343|||1,343|
|Total||16,149|359,434||375,583|
|EXPENDITURE ON||||||
|Raising funds||10,132|||10,132|
|Charitable|activities|||||
|OfCourse|We Can||3,678||3,678|
|NHS|||42,067||42,067|





|COMPARATIVES|COMPARATIVES|COMPARATIVES|FOR THE STATEMENT|OF FINANCIAL|ACTIVITIES -continued|ACTIVITIES -continued||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Designated|Total|
|||||fund|fund|fund|funds|
|VIA|||||2,837||2,837|
|GEM|||||20,805||20,805|
|Whole Schools|||||655||655|
|Governance|costs|||1,920|||1,920|
|Alzheimers|group||||4,189||4,189|
|Cheltenham|Connection|||909|||909|
|Carnival|||||7,763||7,763|
|GCT|||||17,425||17,425|
|AEiEd SLA|18/19||||134,557||134,557|
|Art Barn|||||9,605||9,605|
|DAB|||||1,043||1,043|
|Aded Flex|||||44,643||44,643|
|AdEd SLA|19/20||||51,177||51,177|
|CV19||||1,701|||1,701|
|Other||||1,063|||1,063|
|Total||||15,725|340,444||356,169|
|Net gains/(losses)||on|investments|~424)|~18,990|19,414||
|NET INCOME||||||19,414|19,414|
|RECONCILIATION|||OF FUNDS|||||
|Total funds|brought||forward|10,551||177,431|187,982|
|TOTAL FUNDS||CARRIED FORWARD||10,551||196,845|207,396|





|8.|TANGIBLE|FIXEDASSETS||||
|---|---|---|---|---|---|
||||||Computer|
||||||equipment|
||COST|||||
||At 1 April 2020||||4,318|
||Disposals||||~4,318)|
||At 31 March|2021||||
||DEPRECIATION|||||
||At 1 April 2020||||4,318|
||Eliminated<br>on disposal||||~4,318)|
||At 31 March|2021||||
||NET BOOKVALUE|||||
||At 31 March|2021||||
||At 31 March|2020||||
|9.|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR||||
|||||2021|2020|
||Trade debtors|||317,941|196,454|
||Other debtors|||4,518|600|
|||||322,459|197,054|
|10.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||2021|2020|
||Trade creditors|||1,054|23,507|
||Social security and other taxes||||4,139|
||Accruals and|deferred income||496,811|281,046|
|||||497,865|308,692|
|11.|MOVEMENT IN FUNDS|||||
|||||Net||
|||||movement|At|
||||At 1/4/20|in funds|31/3/21|
||Unrestricted|funds||||
||Unrestricted|fund|10,551||10,551|
||Designated<br>funds|||||
||Designated<br>funds||196,845|78,586|275,431|
||TOTAL FUNDS||207,396|78,586|285,982|





## 

|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|m funds|
|Unrestricted<br>funds||||||
|Unrestricted<br>fund||165,729|(87,143)|(78,586)||
|Restricted funds||||||
|Restricted<br>fund||621,126|(621,126)|||
|Designated<br>funds||||||
|Designated<br>funds||||78,586|78,586|
|TOTAL FUNDS||786,855|(708,269)||78,586|
|Comparatives<br>for movement|in funds|||||



||||Net||
|---|---|---|---|---|
||||movement|At|
|||At I/4/19|in funds|31/3/20|
|Unrestricted|funds||||
|Unrestricted|fund|10,551||10,551|
|Designated|funds||||
|Designated|funds|177,431|19,414|196,845|
|TOTAL FUNDS||187,982|19,414|207,396|



||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted||funds|||||
|Unrestricted||fund|16,149|(15,725)|(424)||
|Restricted|funds||||||
|Restricted|fund||359,434|(340,444)|(18,990)||
|Designated||funds|||||
|Designated||funds|||19,414|19,414|
|TOTAL FUNDS|||375,583|(356,169)||19,414|





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||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1/4/19|in funds|31/3/21|
|Unrestricted|funds||||
|Unrestricted|fund|10,551||10,551|
|Designated|funds||||
|Designated|funds|177,431|98,000|275,431|
|TOTAL FUNDS||187,982|98,000|285,982|



|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|Unrestricted|fund|181,878|(102,868)|(79,010)||
|Restricted funds||||||
|Restricted fund||980,560|(961,570)|(18,990)||
|Designated|funds|||||
|Designated|funds|||98,000|98,000|
|TOTAL FUNDS||1,162,438|(1,064,438)||98,000|



## 



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||||2021|2020|
|---|---|---|---|---|
||||6||
|INCOME AND ENDOWMENTS|||||
|Donations<br>and|legacies||||
|Donations|||901|307|
|Other trading|activities||||
|Earned income|||9,039|13,056|
|Commissioned|Services||697||
||||9,736|13,056|
|Investment<br>income|||||
|Interest receivable|||2,100|1,343|
|Charitable<br>activities|||||
|Earned income|||263|3,461|
|Commissioned|Services||61,988||
|Grants and contracts|||708,244|349,604|
|Campaign<br>income|||1,201|1,443|
|Donations|||2,422|6,369|
||||774,118|360,877|
|Total incoming|resources||786,855|375,583|
|EXPENDITURE|||||
|Raising donations||and legacies|||
|Premises costs|||7,965|7,587|
|Insurance|||2,434|2,422|
|Bank charges|||64|60|
||||10,463|10,069|
|Other trading|activities||||
|Purchases|||360||
|Wages|||60,948||
|Travel||||63|
||||61,308|63|
|Charitable<br>activities|||||
|Wages|||175,763|260,240|
|Project materials|and expenses||17,301|24,159|
|Travel|||723|6,414|
|Postage and stationery|||3,982|1,021|
|Advertising||||2,622|
|Carried forward|||197,769|294,456|





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|||2021|2020|
|---|---|---|---|
|Charitable<br>activities||||
|Brought forward||197,769|294,456|
|Sundries||1,450|1,962|
|Artists fees||26,430|11,117|
|Volunteer<br>expenses||54|800|
|Premises expenses||1,003|2,753|
|Computer<br>consumables||7,419|8,900|
|Professional<br>fees|||360|
|Telephone|||2,107|
|Fundraising||1,270||
|Fees||14,545||
|Core contribution||140,661||
|Commissioned|work|242,746|20,000|
|||633,347|342,455|
|Support costs||||
|Management||||
|Advertising|||268|
|Other||||
|Subscriptions||1,151|1,394|
|Governance|costs|||
|Accountancy|and legal fees|2,000|1,920|
|Total resources|expended|708,269|356,169|
|Net income||78,586|19,414|