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2021-03-31-accounts

Contents
						Page
Charity Reference and	Administrative		Details
Trustees' Annual Report
Independent Auditor's	Report
Statement of Financial	Activities	(Including		Income and Expenditure	Account)	12
Balance Sheet						13
Statement ofCash Flows						14
Notes to the Financial	Statements					15

					2021		2020
				Unrestricted	Restricted
				funds	funds	Total	Total
			Note	6	6
Income and endowments		from:
Donations and legacies				434,036		434,036	360,683
Charitable activities				332,989	438,140	771,129	1,029,592
Investments				215		215	640
Other income				18,863		18,863	8,833
Total income and endowments				786,103	438,140	1,224,243	1,399,748
Expenditure on:
Raising funds				33,637	33,360	66,997	43,419
Charitable activities			6	570,017	603,445	1,173,462	1,371,336
Total expenditure				603,654	636,805	1,240,459	1,414,755
Net income I(expenditure)			7	182,449	(198,665)	(16,216)	(15,007)
Transfers between	funds			~196,666	198,665
Net movement in funds			15	(16,216)		(16,216)	(15,007)
Reconciliation offunds:
Total funds brought	forward		15	164,019		164,019	179,026
Total funds carried	forward		15	147,803		147,803	164,019

Year Ended 31 March 2	021
			2021	2020
		Note	f	f
Cash flow from operating	activities	17	412,326	(28,377)
Net cash flow provided by operating activities			412,326	(28,377)
Cash flow from investing	activities
Payments to acquire tangible fixed assets			(4,403)	(2,109)
Net cash flow (used in) investing activities			(4,403)	(2,109)
Change in cash and cash	equivalents in the year		407,923	(30,486)
Cash and cash equivalents	at 31 March		211,152	241,638
Cash and cash equivalents	at 31 March		619,075	211,152
Cash and cash equivalents	consists of:
Cash at bank and in hand			619,075	211,152
Cash and cash equivalents	at 31 March		619,075	211,152

Income fr	om	don	ations and le	gacies
					2021	2020
					F
Greenwich	Council				80,000	80,000
Greenwich	Council		Discretionary	Grant Fund	39,143
Tower Hamlets		Council				29,999
Arts Council of		England			254,091	249,500
Cultural Recovery			Fund		55,000
Donations	and	legacies			5,802	1,184
					434,036	360,683

Income from charitable activities
	2021	2020
		F
Grants	656,961	896,800
Fees &Other	114,168	132,792
	771,129	1,029,592

Income	from inve	stments
				2021	2020
				K	F
Interest	—deposits	(unrestricted	funds)	215	640

Other Inco	me
			2021 8	2020f
Consultancy	income		4,170	8,833
Coronavirus	Job Retention	Scheme	14,693
			18,863	8,833

Analysis ofexpenditure	on charitable activities
		2021	2020
		6	F
Payroll		244,244	219,927
Direct Costs		862,234	1,081,249
Depreciation		6,977	7,010
Support Costs		37,738	40,035
Board expenses		15	1,219
Audit and accountancy		21,860	20,599
Bank Charges		770	1,297
		1,173,838	1,371,336

7	Net income	I(expenditure)	for the year
	Net income I(expenditure)		is stated after charging:
				2021	2020
					F
	Depreciation	oftangible fixed assets		6,977	7,110

The avera	ge monthly number ofem	ployees during the year was as f	ollows:
			2021	2020
			Number	Number
Charitable	activities
The total staff costs and employees		benefits were as follows:
			2021	2020
				6
Wages and salaries			223,084	198,265
Social security			21,160	21,662
			244,244	219,927

Tangible fixed assets
	Total
	6
Cost or valuation:
At 1 April 2020	70,466
Additions	4,403
At 31 March 2021	74,869
Depreciation:
At 1 April 2020	60,246
Charge for the year	6,977
At 31 March 2021	67,223
Net book value:
At 31 March 2021	7,646
At 31 March 2020	10,220

Debtors
		2021	2020
			F
Trade debtors		12,750
Prepayments	and accrued income	15,301	93,522
		28,051	93,522

Creditors: amounts f	alling due within one year
		2021	2020
		F	F
Trade creditors		46,628	17,249
Other tax and social security		6,148	10,416
Accruals and deferred	income (see note 14)	454,193	123,210
		506,969	150,875

Deferred	income
		Total
		6
At 1 April	2020	89,575
Additions	during the year	248,671
Amounts	released to income	(89,575)

	Balance at 1				Balance at 31
	April 2020	Income	Expenditure	Transfers	March 2021
		8	6	6
Unrestricted		786,103	(587,438)	(198,665)
Designated	164,019		(16,216)	-	147,803
	164,019	786,103	(603,654)	(198,665)	147,803

		Balance at 1				Balance at 31
		April 2019 6	Income 8	Expenditure 6	Transfers 8	March 2020 f
Unrestricted			781,989	(638,708)	(143,281)
Designated		179,026			(15,007)	164,019
		179,026	781,989	(638,708)	(158,288)	164,019
Restricted	funds
		Balance at 1				Balance at 31
		April 2020	Income	Expenditure	Transfers	Illlarch 2021
			6	K	6	6
Restricted			438,140	(636,805)	198,665
			438,140	(636,805)	198,665
		Balance at 1				Balance at 31
		April 2019	Income	Expenditure	Transfers	INarch 2020
			8	6		2
Restricted			617,759	(776,047)	158,288
			617,759	(776,047)	158,288

Analysis ofnet as	sets between funds
		Unrestricted	Restricted
Year ended 31 March 2021		funds	funds	Total
		5		6
Fixed assets		7,646		7,646
Net current assets/	(liabilities)	140,157		140,157
Total		147,803		147,803
		Unrestricted	Restricted
Year ended 31 March 2020		funds f	funds 6	Total 6
Fixed assets		10,220		10,220
Net current assets/	(liabilities)	153,799		154,799
Total		164,019		164,019

								Income f	Expenditure
Royal Borough	of	Greenwich	represented		by Miranda		Williams
At March 2021								119,143
At March 2020								80,000
Tower Hamlets	Council represented			by Mufeedah		Bustin
At March 2021
At March 2020								29,999
Arts Council of	England
(Bradley Hemmings		is a member of		the London Area			Council)
At March 2021								309,091
At March 2020								652,500