2021-03-31-accounts

						Total	Total
				Unrestricted	Restricted	Funds	Funds
			Note	Funds	Funds	2021	2020
INCOME FROM:
Donated services and facilities					104,210	104,210	121,877
Investments				27		27	136
Charitable activities				66,636	200,840	267,476	295,195
TOTAL INCOME				66,663	305,050	371,713	417,208
EXPENDITURE ON:
Raising funds				(4,018)	(7,462)	(11,480)	(11,486)
Charitable activities				(69,786)	(235,111)	(304,897)	(433,790)
TOTAL EXPENDITURE				~73,804	~242,573	~316,377	~445,276
Net (expenditure)/income	before
transfers				(7,141)	62,477	55,336	(28,068)
Transfers
Gross transfers between		funds	13,14
Net movement in funds				7,141	62,477	55,336	~28,068
Reconciliation offunds
Total funds brought	forward			89,530		89,530	117,598
Total funds carried forward				82,389	62,477	144,866	89,530

			2021	2020
		Note
FIXEDASSETS
Tangible assets		10	4,419	1,011
CURRENT ASSETS
Debtors			21,030	31,836
Cash at bank and in hand			161,448	107,477
			182,478	139,313
CREDITORS: amounts	falling due within one year	12	(42,031)	(50,794)
NET CURRENT ASSETS			140,447	88,519
NET ASSETS			144,866	89,530
FUNDS
Unrestricted Funds		13	82,389	89,530
Restricted Funds		14	62,477
TOTAL CHARITY FUNDS			144,866	89,530

	2021	2020
CASH GENERATED FROM / (USED IN)
OPERATING ACTIVITIES
Net movement in funds	55,336	(28,068)
Add back depreciation charge	2,177	781
Decrease in debtors	10,806	19,267
(Decrease)/increase in creditors	(8,763)	10,748
NET CASH GENERATED FROM OPERATING ACTIVITIES	59,556	2,728
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase oftangible fixed assets	5,585
CASH USED IN INVESTING ACTIVITIES	(5,585)
INCREASE IN CASH AND CASH EQUIVALENTS IN THE YEAR	53,971	2,728
Cash and cash eqmvalents at the beginning ofthe year	107,477	104,749
TOTAL CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR	161,448	107,477

	2021	2020
Festival programme	93,310	114,677
Marketing	10,900	7,200
	104,210	121,877

COME FR	OM CHARITA	BLE ACTIVITIE	S
		2021		2020
		Unrestricted	Restricted	Unrestricted	Restricted
Sponsorship			14,850		36,339
Grants and donations receivable			185,990		159,121
Festival box office income		8,213		24,750
Film submissions		57,511		72,009
Advertising,	promotion
and other		912		2,976
		66,636	200,840	99,735	195,460

				2021	2020
Expenditure	on	raising	funds	11,480	11,486

			2021		2020
			Unrestricted	Restricted	Unrestricted	Restricted
Staffcosts			45,494	84,489	44,279	82,232
Artistic programme				127,202		240,933
Marketing				12,270		25,707
Stationery	and
subscriptions			1,663		653
Administration		services	19,336	2,650	21,867	5,590
Governance	costs (see
note 8)			2,268	8,500	3,400	8,500
Sundry			1,025		629
			69,786	235,111	70,828	362,962

				2021	2020
Legal fees				100	100
Bookkeeping		fees		2,168	2,525
Accountancy		fees		3,500	3,500
Solicitors' consultation			fees	4,000	4,775
Independent	examiner's		fees	1,000	1,000
				10,768	11,900
Net incoming		resources for the year
				2021	2020
This is stated		after charging:
Depreciation				2,177	781
				2,177	781

		2021	2020
Wages and	salaries	135,072	131,252
Employers	pension contributions	2,164	1,844
Social security costs		4,227	4,901
		141,463	137,997

	2021	2020
Management and administration
TANGIBLE ASSETS
Equipment
Cost
At 1 April 2020		8,514
Additions		5,585
At 31March 2021		14,099
Depreciation
At 1 April 2020		7,503
Charge for the year		2,177
At 31March 2021		9,680
Net BookValue
31March 2021		4,419
31March 2020		1,011

for	the	Year Ended 31	March 2021	March 2021
11		DEBTORS
									2021	2020
		Trade and other debtors							8,850	18,336
		Accrued income							12,180	13,500
									21,030	31,836
12		CREDITORS: amounts		falling due within one			year
									2021	2020
		Trade creditors							6,352	1,737
		Accruals and	deferred income						30,271	45,263
		Other taxes and Social		Security					2,151	2,363
		Pension liability							405	428
		VAT							2,852	1,003
									42,031	50,794
13		UNRESTRICTED FUNDS OF THE CHARITY
		CURRENT	YEAR		At 1	Incoming		Outgoing	Transfer to	At 31
					April	Resources		Resources	restricted	March
					2020				funds	2021
		Unrestricted	general fund		89,530		66,663	(73,804)		82,389
		PREVIOUS	YEAR		At 1	Incoming		Outgoing	Transfer to	At 31
					April	Resources		Resources	restricted	March
					2019				funds	2020
		Unrestricted	general fund		117,598		99,871	~74,848	~53,091	89,530
14		RESTRICTED FUNDS OF THE CHARITY
		CURRENT	YEAR		At 1	Incoming		Outgoing	Transfer	At 31
					April	Resources		Resources	from	March
					2020				unrestricted	2021
									funds
		Festival fund				305,050		~242,573		62,477

14	RESTRICTED FUNDS OF THE CHARITY (continued)	RESTRICTED FUNDS OF THE CHARITY (continued)	RESTRICTED FUNDS OF THE CHARITY (continued)	RESTRICTED FUNDS OF THE CHARITY (continued)
	PREVIOUS YEAR	At 1	Incoming	Outgoing	Transfer	At 31
		April	Resources	Resources	from	March
		2019			unrestricted	2020
					funds
	Festival fund		317,337	~370,428	53,091
15	ANALYSIS OF NET ASSETSBETWEEN		FUNDS
	CURRENT YEAR			Unrestricted	Restricted	Total
				fund	fund
	Tangible fixed assets			4,419		4,419
	Cash			161,448		161,448
	Other net current (liabilities)			21,001		~21,001
	Net assets			144,866		144,866
	PREVIOUS YEAR			Unrestricted	Restricted	Total
				fund	fund
	Tangible fixed assets			1,011		1,011
	Cash			107,477		107,477
	Other net current (liabilities)			(18,958)		(18,958)
	Net assets			89,530		89,530

Organisation	Organisation	Trustee's	name	Transaction	Income dming the year	Income dming the year
				type
					2021	2020
Aardman	Animations	D Sproxton		Sponsorship	6,000	6,000
UWE		LBarlow		Sponsorship	4,167	10,000