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|Contents|||||||
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|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|
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||||||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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|Debtors||||
|---|---|---|---|
|||2021|2020|
||||F|
|Trade debtors||12,750||
|Prepayments|and accrued income|15,301|93,522|
|||28,051|93,522|
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|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|
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|Deferred|income||
|---|---|---|
|||Total|
|||6|
|At 1 April|2020|89,575|
|Additions|during the year|248,671|
|Amounts|released to income|(89,575)|
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||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||
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|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|
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|||||||||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||