## ## ## |CONTENTS||~Pa e| |---|---|---| |Trustees' report||| |Independent
examiner's|report|10| |Consolidated
statement|offinancial activities|| |Balance sheets||12-13| |Statement ofcash flow||14| |Notes to the consolidated|financial statements|1S—40| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Reference|and Administrative|and Administrative|and Administrative|information||| |---|---|---|---|---|---|---| |Charity Name:||||Curzon Clevedon Community||Centre for the Arts| |Charity Registration||number:||1059389||| |Company|Registration||number:|03238712||| |Registered|ONce:|||46 Old Church Road||| |||||Clevedon||| |||||North Somerset||| |||||BS216NN||| |Independent
examiner:||||Burnside, 61Queen|Square,|Bristol, 8514JZ| |Bankers:||||Uoyds TSB,Clevedon|Branch|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total funds|Total funds| |---|---|---|---|---|---| |||Funds|Funds|2021|2020| ||Note|E|E|E|E| |INCOIVIE AND EXPENDITURE|||||| |Income from:|||||| |Grants, donations
and legacies
Charitable
activities
Other trading activities
Investments||179,918
174,247
98,800
58,992|85,974|265,892
174,247
98,800
58,992|549,854
122,754
41,041
54,629| |TOTAL INCOME||511,957|85,974|597,931|768,278| |Expenditure
on:|||||| |Raising funds
Charitable
activities||53,713
401,058|43,S33|53,713
444,591|38,126
964,882| |TOTAL EXPENDITURE|10|454,771|43,533|498,304|1,003,008| |Net Income/ (expenditure)||57,186|42,441|99,627|(234,730)| |Transfers between funds||(12,706)|12,706||| |Net movement
in funds||44,480|55,147|99,627|(234,730)| |Reconciliation offunds:|||||| |Total funds brought
forward||825,058|5,270|830,328|1,065,058| |Total funds carried forward|27|869,538|60,417|929,955|830,328| ## ## |AT31DECEMBER|202|1|||||| |---|---|---|---|---|---|---|---| |||||Group|Group|Charity|Charity| |||||2021|2020|2021|2020| ||||Notes|E|E|f|E| |FIXED ASSETS|||||||| |Intangible
fixed assets|||14|6,805|2,453||| |Tangible fixed assets|||15,16|647,155|669,508|635,322|657,745| |Investments|||17|||4|4| |||||653,960|671,961|635,326|657,749| |CURRENT ASSETS|||||||| |Stock||||5,584|6,470||| |Debtors|||18|45,452|69,074|51,387|86,883| |Cash at bank and|in hand|||449,3S1|307,179|391,454|282,739| |||||500,417|382,723|442,841|369,622| |CREDITORS: Amounts||falling due|||||| |within one year|||19|67,509|52,594|45,368|43,553| |NET CURRENT ASSETS||||432,908|330,128|397,473|326,069| |TOTAL ASSETS LESS|||||||| |CURRENT LIABILITIES||||1,086,868|1,002,090|1,032,799|983,818| |CREDITORS: Amounts||falling due|||||| |After one year|||20|153,620|169,393|153,620|169,393| |PROVISIONS FOR|LIABILITIES||21|3,293|2,369||| |NET ASSETS||||929,955|830,328|879,179|1,039,518| |FUNDS:|||||||| |Unrea lised revaluation||reserve||467,860|467,860|467,860|467,860| |Generalrealised|reserves|||263,678|219,198|212,902|203,295| |Designated
reserves||||138,000|138,000|138,000|138,000| |Total unrestricted|reserves||25|869)538|825,058|818,762|809,155| |Restricted|||26|60,417|5,270|60,417|5,270| |Total charity funds --|||27, 28|929,955|830,32S|879,179|-S14,425-| ## ## ||||Group|Group|Charity|Charity| |---|---|---|---|---|---|---| ||Notes||2021|2020|2021|2020| ||||E|E|E|E| |Reconciliation ofnet movement
in funds||to||||| |net cash flow from operating
activities||||||| |Net movement
in funds|||99,627|(234,730)|64,754|(236,266)| |Add back depreciation
charge|||38,063|83,601|34,119|79,680| |Add back amortisation
charge|||2,268|818||| |l.ess interest received|||(11)|(106)|(11)|(75)| |Add hire purchase interest
Add bank loan interest|||80
5,163|1,644
4,671|80
5,163|1,644
4,671| |Decrease/(increase)
in stock|||886|1,201||| |Decrease/(increase)
in trade debtors|||(991)|807|(388)|712| |Decrease/(increase)
in other debtors|||4,144|(3,210)|19,315|(2,019)| |Increase/(decrease)
in trade creditors|||10,035|(3,890)|1,120|9,206| |Increase/(decrease)
in other creditors|||25,461|(54,863)|16,453|(13,640)| |Net cash used in operating activities|||184,725|(204,117)|140,605|(156,087)| |Cash flows from investing activities||||||| |Purchase oftangible fixed assets|||(15,709)|(16,326)|(11,696)|(13,087)| |Purchase of intangible
fixed assets|||(6,620)|||| |Interest received|||11|106|11|75| |Cash provided
by/(used
in) investing|activities||(22,318)|(16,220)|(11,685)|(13,012)| |Cash flows from financing activities||||||| |Cash inflow from borrowings|||616|50,000|616|50,000| |Repayment
ofborrowing
Hire purchase
interest paid|||(14,112)
(1,408)|(9,532)
(1,523)|(14,112)
(1,408)|(9,523)
(1,523)| |Bank loan interest paid|||(5,301)|(4,922)|(5,301)|(4,922)| |Cash provided
by/(used
in) financing|activities||(20,205)|34,023|(20,205)|34,023| |Increase/(decrease)
in cash gi cash equivalents|||142,202|(186,314)|108,715|(135,076)| |Cash &cash equivalents
at the beginning||||||| |ofthe year|||307,179|493,493|282,739|417,815| |Total cash Lcash equivalents
atthe
of-the year-|end|29|449,381 . 307,179-||391~|.282,739--| ||||14|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total funds| |---|---|---|---|---| |||Funds|Funds|2020| |INCOME AND EXPENDITURE|hlote|E|E|f| |Income from:||||| |Grants, donations
and legacies
Charitable
activities
Other trading activities
Investments||194,062
122,754
41,041
54,629|355,792|549,854
122,754
41,041
54,629| |TOTAL IhlCOME||412,486|355,792|768,278| |Expenditure
on:||||| |Raising funds
Charitable
activities||38,126
369,321|595,561|38,126
964,882| |TOTAL EXPENDITURE||407,447|595,561|1,003,008| |Net income/
(expenditure)||5,039|(239,769)|(234,730)| ## ## ## |||Total|Total| |---|---|---|---| |||2021|2020| |||E|E| |Income from:|||| |Grants, donations|and legacies|143,127|459,618| |Investments||60,192|67,164| |TOTAL INCOME||203,319|526,782| |Expenditure
on:|||| |Charitable
activities||138,564|751,876| |TOTAL EXPENDITURE||138,564|751,876| |Net Income/(expenditure)||64,755|(225,094)| |Total funds brought forward||814,425|1,039,519| |Total funds carried forward||879,180|814,425| |Represented
by:|||| |Restricted
funds||60,418|5,270| |Unrestricted
funds||818,762|809,155| |TOTAL FUNDS||879,180|814,425| ## |||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---| |||Funds|Funds|2021|2020| |||E|E|E|E| ||Donations from the public
Lottery|5,738
526||5,738
526|25,019
510| ||Restoration
project||960|960|850| ||Roof fund||||| ||NLHF
Clevedon Town Council
The Society ofIvlerchant
Balcony fund|Venturers|18,313|18,313|309,238
25,000
5,000| ||National
Lottery Community||||| ||Award For All||10,000|10,000|| ||National
Lottery Reaching||||| ||Communities||1,542|1,542|| ||Medlock Charitable
Trust
Donations from the public||5,000
50,159|5,000
50,159|| ||NLHF
North Somerset Council
British Film Institute
Job Retention Scheme Grants
Other grants and donations|40,890
84,327
47,867
570||40,890
84,327
47,867
570|54,000
34,002
8,862
87,073
300| |||179,918|85,974|265,892|549,854| |7.|CHARITABLE ACTIVITIES|Unrestricted|Restricted|Total|Total| |||Funds|Funds|2021|2020| |||E|E|E|E| ||Curzon Community
Cinema||||| ||- BoxOffice|159,526||159,526|122,754| ||-Events|14,721||14,721|| |||174,247||174,247|122,754| ## |8.|OTHER TRADING|ACTIVITIES|ACTIVITIES|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---| |||||Funds|Funds|2021|2020| |||||f|f||f| ||Curzon Community||Cinema||||| ||- Confectlonary||sales|33,982||33,982|19,655| ||-Lounge bar|||24,446||24,446|12,737| ||- Advertising|income||2,598||2,598|6,807| ||- Interruption|ofbusiness|||||| ||insurance|claims||32,267||32,267|| ||-Other|||5,507||5,507|1,842| |||||98,800||98,800|41,041| |9.|INVESTMENT INCOME|||Unrestricted|Restricted|Total|Total| |||||Funds
f|Funds|2021
f|2020f| ||Rental income|||58,981||58,981|54,523| ||UK bank interest|||11||11|106| |||||58,992||58,992|54,629| ## |TOTAL EXPENDITURE||||||| |---|---|---|---|---|---|---| ||||Direct|Other||| |Total Ex enditure -2021|||Staff Costs|Direct Costs||Total| |||||E||E| |Expenditure
on raising funds:||||||| |Costs ofapplying for grants
Curzon Community
Cinema||and donations
Ltd||9,196||9,196| |- Trading income from bar, food||||||| |and advertising|||8,610|35,907||44,517| ||||8,610|45,103||53,713| |Expenditure
on charitable||activities:||||| |Curzon Cinema
Restoration
Project
Rooffund|||187,066|203,763
19,425
34,337||390,829
19,425
34,337| ||||187,066|257,525||444,591| ||||195,676|302,628|498,304|| |Total Ex endlture-2020||||||| |Expenditure
on raising funds:||||||| |Costs ofapplying for grants
Curzon Community
Cinema||and donations
Ltd||4,298||4,298| |-Trading income from bar,||food||||| |and advertising|||8,674|25,154||33,828| ||||8,674|29,452||38,126| |Expenditure
on charitable|actlvitlesr|||||| |Curzon Cinema
Restoration
Project
Roof fund|||188,274|149,807
62,132
564,669|338,081
62,132
564,669|| ||||188,274|776,608|964,882|| ||||196,947|806,060 1,003,008||| ## ## |10.|TOTAL EXPENDITURE (continued)|TOTAL EXPENDITURE (continued)|||| |---|---|---|---|---|---| |Other|direct costs include:|||2021|2020| |||||E|E| ||Amortisation|||2,268|818| ||Depreciation|||38,062|83,601| ||Loan interest|charged at amortised|cost|5,163|4,671| ||Wire purchase|interest||80|1,644| ## ||||Curzon|Restoration|Roof|| |---|---|---|---|---|---|---| |~DP|-2221||Cinema
E|Project
E|Fund
E|Total
f.| |Costs|||(390,829)|(19,425)|(34,337)|(444,591)| |BoxOffice|||159,526|||159,526| |Net cost|funded|from||||| |other income and funds|||(231,302)|(19,425)|(34,337)|(285,065)| |brought|forward|||||| ||||Curzon|Restoration|Roof|| |P~i- 2D2D|||Cinema
f|Project
f|Fund
f|Total
f| |Costs|||(338,081)|(62,132)|(564,669)|(964,882)| |BoxOffice|||122,754|||122,754| |Net cost|funded|from||||| |other income and funds|||(215,327)|(61,282)|(564,669)|(842,128)| |brought|forward|||||| ## ||consisted ofthese activities:||.
upport
an g|overnance| |---|---|---|---|---| ||||2021|2020| ||||E|E| ||Salary costs
Office costs
Governance costs- Independent|examination|17,750
3,007
8,750|17,719
2,746
7,350| ||||29,507|27,815| |13.|STAFF COSTS AND TRUSTEES' REMUNERATION||2021|2020| ||||E|| ||Wages and salaries
Social security costs||184,732
7,673|186,453
7,296| ||Employer pension contdbutions||3,271|3,198| ||||195,676|196,947| ## ## ## ||||2021|2020| |---|---|---|---|---| ||||No.|No.| |Management|and|administration|3|3| |Cinema|||11|11| ||||14|14| ## |||Website|Total| |---|---|---|---| ||||E| |COST|||| |At 1January 2021||7,338|7,338| |Additions
acquired|separately|6,620|6,620| |At 31December 2021||13,958|13,958| |AMORTISATION|||| |At 1January 2021||4,88S|4,885| |Charge for the year||2,268|2,268| |At31December 2021||7,153|7,153| |NET BOOK VALUE|||| |At31December 2021||6,805|6,805| |At 31December 2020||2,453|2,453| ## ## |||Fixtures|| |---|---|---|---| ||Freehold|fittings|| ||~ro ert|~&e ui t.|Total| ||||E| |COST AND DEEMED COST|||| |At 1January 2021
Additions|1,004,072
10,181|209,284
1,515|1,213,356
11,696| |At 31December 2021|1,014,253|210,799|1,225,052| |OEPRIECIATION|||| |At 1January 2021
Charge for the year|385,129
24,040|170,482
10,079|555,611
34,119| |At 31December 2021|409,169|180,561|589,730| |NET BOOK VALUE|||| |At 31December 2021|605,084|30,238|635,322| |At 31December 2020|618,943|38,802|657,745| ## ## ## |||Fixtures|| |---|---|---|---| ||Freehold|fittings|| ||~ro e|~&e ui t.|Total| ||||E| |COST AND DEEMED COST|||| |At 1January 2021|1,004,072|263,720|1,267,792| |Additions|10,181|5,528|15,709| |At 31December 2021|1,014,253|269,248|1,283,501| |DEPRECIATION|||| |At 1January 2020|385,129|213,155|598,284| |Charge forthe year|24,040|14,022|38,062| |At 31December 2020|409,169|227,177|636,346| |NET BOOK VALUE|||| |At 31December 2021|605,084|42,071|647,155| |At 31December 2020|618,943|50,565|669,508| ## |Group||Charity|| |---|---|---|---| |2021|2020|2021|2020| |E|E|E|f| ## ## |DEBTORS||||||| |---|---|---|---|---|---|---| ||||Group||Charity|| ||||2021|2020|2021|2020| ||||f|E||E| |Trade debtors|||1,288|297|685|297| |Due from subsidiary||undertaking|||6,421|22,546| |Prepayments|and accrued income||43,482|46,557|43,255|46,445| |VAT repayable||||20,469|1,026|17,596| |Other debtors|||682|1,751||| ||||45,452|69,074|51,387|86,884| ## ## ## ## |CREDITORS: Amounts
falling due within o|ne year|ne year||| |---|---|---|---|---| ||Group||Charity|| ||2021|2020|2021|2020| ||f|||E| |Trade creditors|24,158|'14,123|11,176|10,056| |Accruals and deferred income|20,803|19,030|17,095|16,895| |VAT liability|2,373|||| |Social security and other taxes|2,922|2,177||| |Secured bankloan|10,434|6,862|10,434|6,862| |Coronavirus
Bounce Back Loan|5,955||5,955|| |Hire purchase agreement||8,716||8,716| |Other creditors|864|1,686|708|1,024| ||67,509|52,594|45,368|43,553| |CREDITORS: Amounts
falling due after more than one||year||| ||Group||Charity|| ||2021|2020|2021|2020| ||f|f|f|f| |Coronavirus
Bounce Back Loan falling||||| |due in less than Syears|23,819|23,529|23,819|23,529| |Coronavirus
Bounce Back Loan falling||||| |due after Syears|20,842|26,471|20,842|26,471| |Secured bank loan falling due in less||||| |than Syears|45,631|44,045|45,631|44,045| |Secured bank loan falling due after||||| |5years|63,328|75,348|63,328|75,348| ||153,620|169,393|153,620|169,393| ## ## ## ## ## ## |UNRESTRICTED FUNDS|||||| |---|---|---|---|---|---| ||||Designated-||| ||Unreallsed|General|Capital|Deslgnated-|| |revaluation||realised|expenditure|Contlngency|| ||reserves|reserves|fund|fund|Total| ||E|f||E|E| |Balance at 1January 2021|467,860|219,198|50,000|88,000|825,058| |Income||511,957|||511,957| |Expenditure||(454,771)|||(454,771)| |Transfers||(12,706)|||(12,706)| |Balance at 31December 2021|467,860|263,678|50,000|88,000|869,538| ## ## ## ## ## ## ## |RESTRICTED FUNDS|||||| |---|---|---|---|---|---| |Front|Room|Restoration|Roof|Balcony|| |Cinema||Project|Fund|Fund|Total| ||E|E|E|E|E| |Balance at 1January 2021|5,270||||5,270| |Income||960|18,313|66,701|85,974| |Expenditure|||(31,019)|(12,514)|(43,533)| |Transfers|||12,706||12,706| |Balance at 31December 2021|5,270|960||54,187|60,417| ## ## ## ## ## |ANALYSIS OF NET|ASSETS - GRO|UP||||||| |---|---|---|---|---|---|---|---|---| ||||||Net|Long term||Total| ||Intangible|Tangible|||current|liabilities|+|ne't| ||assets|assets|Investments||assets|provisions||assets| ||E|E||E|E||E|E| |At 31December 2021:||||||||| |Restricted||||||||| |Front room cinema|||||5,270|||5,270| |Roof fund|||||960|||960| |Balcony fund|||||54,187|||54,187| ||||||60,417|||60,417| |Unrestricted||||||||| |Revaluation||467,860||||||467,860| |General|6,805|179,295|||234,491|(156,913)||263,678| |Designated|||||138,000|||138,000| |Total funds|6,805|647,155|||432,908|(156,913)||929,955| ## ## ||||||Net|Long term|Long term|Total| |---|---|---|---|---|---|---|---|---| |||Intangible|Tangible||current|liabilities|+|net| |||assets|assets|Investments|assets|provisions||assets| |||E|E|F.|f||E|E| |At 31December||2021:||||||| |Restricted||||||||| |Restoration|project||||960|||960| |Front room cinema|||||5,270|||5,270| |Balcony fund|||||54,187|||54,187| ||||||60,417|||60'417| |Unrestricted||||||||| |Revaluation|||467,860|||||467,860| |General|||167,462|4|199056|(153620)||212902| |Designated|||||138,000||-|138,000| |Total funds|||635,322|4|397,473|(153,620)||879,179| ## ## ## ## ## |CURZON COM|MUNITY
CINEMA LTD:||| |---|---|---|---| |||2021|2020| |Tur'novel-.||f|f| |Boxoffice||159,526|122,754| |Confectionery|and bar sales|33,982|19,655| |Advertising||2,598|6,807| |Lounge bar||24,446|12,737| |Events||14,721|| |Other||90,404|51,035| |||325,677|212,988| |Dlr'ect costs:||2021
f|2020f| |Film hire||70,271|47,125| |Confectionary|and bar purchases|20,950|13,333| |Direct wages||172,204|173,475| |Other direct costs||27,427|1,189| |Cinema
building expenses||25,101|19,509| |Administrative|expenses|50,514|45,845| |Advertising||4,472|1,895| |||370,939|302,371| ## ## |Other operating|income:||2021|2020| |---|---|---|---|---| ||||E|E| |Furlough
grants|||47,867|87,073| |Insurance
claims|||32I267|| |hlet profit/(loss)|||34,872|(2,310)| |The aggregate ofthe assets, liabilities||and funds was:||| |Assets|||83,661|49,865| |Liabilities/provisions|||(32,881)|(33,958)| |Funds|||50,780|15,907| |||At||Other|At| |---|---|---|---|---|---| |||start
ofyear
E|Cashflaws
E|non-cash
changesf|year
end
E| |Cash at bank|and in hand|307,179|142,202||449,381| |Secured bank|loan (failing due||||| |within 1year)||(6,862)|6,723|(10,295)|(10,434)| |Secured bank|loan (falling due in||||| |less than 5years)||(44,045)||(1,586)|(45,631)| |Secured bank|loan (falling due||||| |after 5years)||(75,348)||12,020|(63,328)| |Other bank loans (falling due|||||| |Within 1year)||||(5,955)|(5,955)| |Other bank loans (falling due in|||||| |Less than 5 years)||(23,529)||(291)|(23,820)| |Other bank loans (falling due|||||| |after 5years)||(26,471)||5,629|(20,842)| |Hire purchase|agreements|(8,716)|7,388|1,328|| |||122,208|156,313|850|279,371| ## ## ## |||At||Other|At| |---|---|---|---|---|---| |||start||non-cash|year| |||ofyear|Cashflaws|changes|end| |||E|6|E|E| |Cash at bank and in hand||282,739|108,715||391,454| |Secured bank|loan (falling due||||| |within 1year)||(6,862)|6,723|(10,295)|(10,434)| |Secured bank|loan (falling due in||||| |less than 5years)||(44,045)||(1,586)|(45,631)| |Secured bank|loan (falling due||||| |after 5years)||(75,348)||12,020|(63,328)| |Other bank loans (falling due|||||| |Within 1year)||||(5,955)|(5,955)| |Other bank loans (falling due in|||||| |Less than 5years)||(23,529)||(291)|(23,820)| |Other bank loans (falling due|||||| |after 5years)||(26,471)||5,629|(20,842)| |Hire purchase|agreements|(8,716)|7,388|1,328|| |||97,768|122,826|850|221,444| ## ## |FOR THE YEAR ENDED 31DECEMB|ER2021||| |---|---|---|---| |||2021
E|2020f| |INCOME|||| |Other grants and donations||265,892|549,854| |Boxoffice income||159,526|122,754| |Events||14,721|| |Confectionary
and bar sales||58,428|32,392| |Advertising
income||2,598|6,807| |Interruption
ofbusiness insurance|claims|32,267|| |Other cinema income||5,507|1,842| |Rental income||58,981|54,523| |Bank interest received||11|106| |||597,931|768,278| |Expenditure
for the year (see page|43)|(498,304)|(1,003,008)| |Surplus/(Deficit)
for the year||99,627|(234,730)| |Funds brought forward||830,328|1,065,058| |Funds carried forward||929,955|830,328| |DETAILED CONSOLIDATED INCOME AND EXPENDITURE
FORTHE YEAR ENDED 31DECEMBER2021|ACCOUNT|| |---|---|---| ||2021|2020| ||6|6| |EXPENDITURE||| |Costs ofapplying
forgrants and donations
Film hire
Confectionery
and bar purchases
Direct cinema costs
Direct cinema wages
Employers'
NIC
Employers'
pension
Freight and carriage
Other costs ofsales
Staff salades
Training costs
Staff welfare
Rent
General rates and water
Light and heat
Insurances
Premises expenses
Motor and travelling
Telephone
and internet
Printing,
stationery
and postage
Website maintenance
and ITsupport
Repairs and renewals
Legal and professional
fees
Accountancy
and audit
Bank and credit card charges
HP interest payable
PRS/PPL charges
Laundry
and cleaning
General expenses|9,196
70,271
20,950
59
161,260
7,673
3,271
1,727
26,182
23,472
535
500
300
627
9,746
11,599
8,596
1,802
421
3,234
8,408
1,840
8,750
14,865
80
1,604
13,127
784|4,298
47,125
13,333
1,189
162,981
7,296
3,199
649
23,472
350
408
2,700
5,143
9,248
13,253
1,363
639
2,104
318
4,890
6,758
2,532
7,350
11,291
1,644
1,702
11,330
325| |Subscriptions
and licences
Advertising
NLHF project manager
NLHF Roof Professional
Fees
NLHF Activity Cowrdinator
NLHF Roof Restoration —Contractors
Activity expenses|7,023
4,472
7,567
5,835
20,542
216|5,576
1,895
7,200
31,718
1,869
523I472| |Activity resources|177|| |Activity training
Mechanical
fkelectrical fees stage 2
Depreciation
Amortisation
Bad debts written off|38,062
2,268
75|300
108
83,601
818| |Provision for deferred tax|1,188|(439)| ||498,304|1,003,008|