| Unrestricted | ||||||
|---|---|---|---|---|---|---|
| INCOISK FttOft | fhnes | Fun' | Funds I |
|||
| Oonettons | and legacies | 2 | 210,704 | 210,704 | 96,924 | |
| Charhahle | ac5vNee | |||||
| Studio end | Gagery hire and | 3 | 289,344 | 289,344 | 349k13 | |
| exhibitions | ||||||
| 23,936 | 23,936 | 150,739 | ||||
| Total | 523984 | 523 984 | 597276 | |||
| Raadng funds | ||||||
| Trading: Costofgoods sold and other costs |
47,880 | 47,SSD | 174,938 | |||
| Other | S,062 | 8,062 | 6,008 | |||
| Charitable | Acthd5es | |||||
| Studio and | Gallery hire and | |||||
| exhibgions | 5 | 4S4,961 | 484,961 | 398,094 | ||
| Total Resources Experuled | ||||||
| Income/(Expendhure) forthe |
year | (16,919) | (16,919) | 18,236 | ||
| Transfers bebeeen Rmds | ||||||
| NET fSOVEMENT IN FUNOS | ||||||
| Total f'unde | brought forwanl | 28,096 | 3,139 | 31235 | 12,999 | |
| Total Amds | carrted forward | 611177 | E3139 | 614316 | 631235 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| E | E | ||||||
| Cash flows from oporubng | acth¹tlest | ||||||
| lect cash provided by/(used In) operating |
sch&ritles | (37,559) | 50,135 | ||||
| Cash flows Item investing | actlvltlest | ||||||
| Purchase ofproperty, pint aod equipment | (1,626) | ||||||
| Proceetb from sate afassets | |||||||
| Net cash prot¹ded by/(used ln) investing |
acgvttfss | (1,626) | |||||
| Cash flows from finsndng | acth¹tlss | ||||||
| Cash irISows/(outfhws) from |
borrowing | (1,667) | 50,000 | ||||
| lectcash provided by (used In) gnsndng |
cthh¹thw | (1,667) | 50,000 | ||||
| Clvsnge ln cash and cash letsoltlng parsed Cash and cash equivalents reporting period |
equivalents In the atthe beginning ofthe |
(40~) 104,767 |
-4,632 | ||||
| Cash and cash rniulvalents reporting period |
atthe end | ofthe | 63,915 | 104,767 | |||
| Rscondtiation | ofnet income/(expenditure) | tonet cash flow from opensting | |||||
| actlvees | |||||||
| 2021 | 2020 ' |
||||||
| E | |||||||
| Stet income/(expenditure) | for the reporting | period | (16,919) | 18,236 | |||
| Deprech0on charges |
351 | 102 | |||||
| (1ncrease)/decrease In debtors |
(518) | (2,445) | |||||
| I~(deoreem) in creditors |
{20,473) | 34,242 | |||||
| toss on sale ofassets | |||||||
| issjfcssj/r/srotddsrfby/fuses//rs) ttpnrsrf/sbf scfdetfss |
(37,559) | 50,135 | |||||
| Analysis ofchangeo ln Shit debt | At1.L20 | ' Cash flows | At | 31.7.21 | |||
| E | E | E- | |||||
| Cash and cash equivalents | 104,767 | (40,852) | 63,915 | ||||
| Bounce Sack Loan | 50000 | 1667 | 48333 | ||||
| E54767 | 39185 | E15582 |
| Unwstriobad f |
202K E |
|||||
|---|---|---|---|---|---|---|
| GoMernrnent Arts Counrg CO((itO |
grants grant Grant |
tslington | 20,517 161,259 28,928 |
20,517 161,259 2&,928 |
||
| Borough | E210704 | 6210704 | E- | |||
| NCOIIE FROss CIIARITASLE | ACTIVITIES | |||||
| Vrrrestrtctod | 2021 | 2020 | ||||
| E | E | |||||
| Studio Rental | 212,681 | 212,681 | 229,293 | |||
| Gaiety Hue Exh(bibons |
and Gasses | 76663 | 76663 | 1,775 118545 |
||
| 6- | E289341 | 6340613 |
| 7, | STAFF COSTS | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||||||||
| Gross Salaries | 53,352 | 68,768 | |||||||||||||
| Social SecurNy costs Penskrn costs |
4,635 1132 |
4,097 610 |
|||||||||||||
| E59119 | 673475 | ||||||||||||||
| Key rrenagement remuneration |
personnel | E38,851 | E42,423 | ||||||||||||
| The average number | oFemployees | during the | year | was | 2(2020; 4), | ||||||||||
| Mo emphyee earned |
E60,000pa or more. | ||||||||||||||
| Works of | |||||||||||||||
| Art | Colllplrtura | Oeselop- | |||||||||||||
| Film | SEStudio | Hxtureo Sr | ment | ||||||||||||
| Equipment | Assets | FltNngo | Casks | . | Total | ||||||||||
| E | E | E | 6 | E | |||||||||||
| At 192 August Additions |
4,674 | 8,780 | 72,003 1626 |
18,570 | 104,027 1626 |
||||||||||
| At 31"July | 4074 | 0780 | 73029 | 19570 | 105653 | ||||||||||
| Oeprad ation: At 1» August |
4,674 | 8,780 | 58,100 | 187570 | 90,124 | ||||||||||
| provided dwlng the |
year | 351 | 351 | ||||||||||||
| At 31»July | 4674 | 0780 | 50401 | 10570 | 90475 | ||||||||||
| Net SookValue et | |||||||||||||||
| Sl+3uly 2021 Net Gook Value at 315r3uty 2020 |
1- | E15170 513903 |
E15170 I5;139113 |
||||||||||||
| 9. | INVSSTl5tSNT 1N SUSSXONARY | UNOSRTAtQNG | PARENT | CO96PANY | |||||||||||
| 2021 | 2020 | ||||||||||||||
| At Cost: | E | E | |||||||||||||
| 10096Ord. Share CapNal of | Candid Arts | ||||||||||||||
| Trading Company t.imhad | 10 | ||||||||||||||
| The turnrwer of candid |
Arts | Trading | company | Umlted | was | E33,118(2020:f150,739) and | the | ||||||||
| loss for theyear was |
E14,762 (2020: | f16,160).The net liablWes at 31July | 2021 amounted | to | |||||||||||
| E(38,399)(2020:E(23,637). |
| 10. | DESTO' | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2021 | 2020 | 2020 | |||||||||
| Group | Parent | Group | Parent | |||||||||
| E | E | E | E | |||||||||
| Amount due from subskmry | 8,118 | |||||||||||
| company | ||||||||||||
| Other Debtors and | ||||||||||||
| Pna payments | 14565 114555 |
14 514 |
Mf Mf |
14047 114047 |
13991 522 109 |
|||||||
| 11. | CASH AT | SANE AND | IN HAND | |||||||||
| gal | 2021 | 2020 | 2020 | |||||||||
| Group | Parent | Group | Parent | |||||||||
| E | E | E | E | |||||||||
| Bank Balances | 63956 | 63775 | 504767 | 7071$ | ||||||||
| E63,915 | E63,778 | E104,767 | E70,700 | |||||||||
| 12. | CREDITOltSI Amounts | falling | due vvlthln | one | year | |||||||
| 2021 | 2021 | 2020 | 2020 | |||||||||
| Group | Palent | Group | Parent | |||||||||
| E | E | E | E | |||||||||
| Amount | due | to | ||||||||||
| subskSaly | company | 4,953 | ||||||||||
| Accruals and Other | ||||||||||||
| Creditors | 79342 | 20 614 | ' | 101492 | 37937 | |||||||
| E79,342 | E25,567 | E101,482 | ~7937 |
| RESTRICTED | FUNDS | ||||||
|---|---|---|---|---|---|---|---|
| Salance | Salanoe | ||||||
| b/f | Inlerest | Income | c/f | ||||
| E | E | f. | |||||
| Golders Green | project | 1,684 | 1,684 | ||||
| Film Equipment | 1455 E3139 |
f- | f- | E- | E- | 1455 E3139 |
|
| Salance | Science | ||||||
| b/f | Inbnest | Income | c/f | ||||
| E | E | E | E | ||||
| 1,684 | 1,684 | ||||||
| 1455 | 1455 | ||||||
| f3139 | E- | f- | f- | E- | E3139 | ||
| NACTED | FUNDS | ||||||
| 2021 | 2021 | 2020 | 2020 | ||||
| Group E |
panmt E |
Groupf | parentf | ||||
| General Reserve | 49,576 | 49,576 | 51,733 | 51,743 | |||
| fioruchantable | funds held | in | (38,399) | ||||
| subsidiary | 23637 | ||||||
| 111177 | ~777 K | ~7777 | ~751 17 |
| FORTHK YEAR ENPEP Si~3U | LY2020 | ||
|---|---|---|---|
| Unrestricted | Restrlcbsd | ||
| KNCONE FROr4 | Funds f |
Funds f |
2020 f |
| Oonetlons and teSactes | 96,924 | 96,924 | |
| Charltaide acSvlttes | |||
| Studio and Gallery hire and | |||
| errhibtuons | 349,it13 | 349,613 | |
| Other tradlnS activities ~and other trading |
|||
| income | 150,739 | 150,739 | |
| total | f597276 | f- | f597 76- |
| RIPENPITURE ON | |||
| RalstnE funds | |||
| Trading: Costof9oods sold | |||
| and other costs | 174,938 | 174,938 | |
| Other | 6,008 | 6,008 | |
| CharRable ActlvRtes | |||
| Studio and Gallery hire and | |||
| exhibldons | |||
| Total Resources Expended | f579040 | & | f579040 |
| Jncornel(Expenditure) forthe tnrar Tnmshm between funds |
18,236 | 18,236 | |
| NET NOVEPIENT 111FUNPS | |||
| TotsfItrnds brought forsrurd | 3,139 | 12,999 | |
| Total Iiunds aurted forward | f28096 |