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2021-08-31-accounts

Contents page
Company information
Directors'
report
3-5
Statement of financial activities 6 — 7
Ba1ance sheet, 8-9
Notes to the financial statements 10 - 19 .
Independent.
examiner's
report on the accounts 20 — 21

Azun
Arts
Company
Limited
(A Company
.Limited
By Guarantee)
Statement
Of Financial
Activities
For The Year
Ended 31st August
2021
Zncozporating
income
and expenditure
account
CURRENT
YEAR
—12 months. to
.31st August
2021
Azun
Arts
Company
Limited
(A Company
.Limited
By Guarantee)
Statement
Of Financial
Activities
For The Year
Ended 31st August
2021
Zncozporating
income
and expenditure
account
CURRENT
YEAR
—12 months. to
.31st August
2021
Azun
Arts
Company
Limited
(A Company
.Limited
By Guarantee)
Statement
Of Financial
Activities
For The Year
Ended 31st August
2021
Zncozporating
income
and expenditure
account
CURRENT
YEAR
—12 months. to
.31st August
2021
Azun
Arts
Company
Limited
(A Company
.Limited
By Guarantee)
Statement
Of Financial
Activities
For The Year
Ended 31st August
2021
Zncozporating
income
and expenditure
account
CURRENT
YEAR
—12 months. to
.31st August
2021
Azun
Arts
Company
Limited
(A Company
.Limited
By Guarantee)
Statement
Of Financial
Activities
For The Year
Ended 31st August
2021
Zncozporating
income
and expenditure
account
CURRENT
YEAR
—12 months. to
.31st August
2021
Azun
Arts
Company
Limited
(A Company
.Limited
By Guarantee)
Statement
Of Financial
Activities
For The Year
Ended 31st August
2021
Zncozporating
income
and expenditure
account
CURRENT
YEAR
—12 months. to
.31st August
2021
Azun
Arts
Company
Limited
(A Company
.Limited
By Guarantee)
Statement
Of Financial
Activities
For The Year
Ended 31st August
2021
Zncozporating
income
and expenditure
account
CURRENT
YEAR
—12 months. to
.31st August
2021
Azun
Arts
Company
Limited
(A Company
.Limited
By Guarantee)
Statement
Of Financial
Activities
For The Year
Ended 31st August
2021
Zncozporating
income
and expenditure
account
CURRENT
YEAR
—12 months. to
.31st August
2021
Azun
Arts
Company
Limited
(A Company
.Limited
By Guarantee)
Statement
Of Financial
Activities
For The Year
Ended 31st August
2021
Zncozporating
income
and expenditure
account
CURRENT
YEAR
—12 months. to
.31st August
2021
Unrestricted Restricted Total
Notes Funds Funds
f
INCOMZNQ RESOURCES
Incoming Resources
from
Generated Funds
Voluntary income 191~092 191,092
Activities
Funds
for Generating 3b 35,302 35,302
Incoming
Charitable
Resources
from
Sources
3c 6,917 6~917
TOTAL
INCOMINQ
RESOURCES
233i311 233~311
RESOURCES EXPENDED
Costs of Generating
Funds
Costs of
Voluntary
Generating
Income
21528 2~876
Charitable Activities 4b 211,863 211,863
Governance Costs 31~377 31~377
TOTAL
RESOURCES
EXPENDED
245I768 246,116
NET
INCOMING
{OUTGOING)
RESOURCES (12~457) (348) (12~805)
MOVEMENT ON RESERVES
NET
INCOMINQ
{OUTGOING)
RESOURCES (12,457) (348} (12,805)
TOTAL
FUNDS
BROUGHT
FORWARD
76~377 2~166 78,543
TOTAL
FUNDS
CARRIED
FORWARD
63i920 1,818 65 738
Restricted
Funds
Arun
Arts
Company
Limited
(A Company Liiited
By Guarantee)
Statement
Of Financial
Activities
For
The Year Ended 31st August
2021
Incorporating
income
and expenditure
account
PREVIOUS
YEAR - 12 months
to 31st August
2020
Unrestricted
Notes
Funds
Restricted
Funds
Arun
Arts
Company
Limited
(A Company Liiited
By Guarantee)
Statement
Of Financial
Activities
For
The Year Ended 31st August
2021
Incorporating
income
and expenditure
account
PREVIOUS
YEAR - 12 months
to 31st August
2020
Unrestricted
Notes
Funds
Restricted
Funds
Arun
Arts
Company
Limited
(A Company Liiited
By Guarantee)
Statement
Of Financial
Activities
For
The Year Ended 31st August
2021
Incorporating
income
and expenditure
account
PREVIOUS
YEAR - 12 months
to 31st August
2020
Unrestricted
Notes
Funds
Restricted
Funds
Arun
Arts
Company
Limited
(A Company Liiited
By Guarantee)
Statement
Of Financial
Activities
For
The Year Ended 31st August
2021
Incorporating
income
and expenditure
account
PREVIOUS
YEAR - 12 months
to 31st August
2020
Unrestricted
Notes
Funds
Total
INCOMING
RESOURCES
Incoming
Resources
from Generated
Voluntary
income
3a
Funds
101»807
101»807
Activities
for Generating
Funds
3b
227,231 227»231
Incoming
Resources
from
Charitable
Sources
3,049 3,049
TOTAL
INCOMING
RESOURCES
33Z»087 332,087
RESOURCES
EXPENDED
Costs of Generating
Funds
Costs of Generating
Voluntary
Income
10»320 10»320
Charitable
Activities
300,781 300,781
Governance
Costs
43»310 43»310
TOTAL
RESOURCES
EXPENDED
354»411 354»411
NET
INCOMING
(OUTGOING)
RESOURCES
(22»324) (22»324}
MOVEMENT
ON RESERVES
NET
INCOMING
(OUTGOING)
RESOURCES
NET
INCOMING
RESOURCES
IN
YEAR
(Z2,324) (22,324}
TOTAL
FUNDS
BROUGHT
FORWARD
98»699 2»166 100,865
TOTAL
FUNDS
CARRIED
FORWARD
76»375 2»166 78»541
As A
t 31st Au
ust
202
1
2021
Un
Restricted
Restricted Total Un
Restricted
Restricted Total
Funds Funds Funds Funds
Hates f. E
Fixed Aaaeta
Tangible
assets
2 53,751 53s751 65s 366 65,366
Current
Assets
Stock
Debtors
Cash at
bank
and handl49, 727 1,818 5s997
151,545
1,994
131,466
2,166 ls 994
133,632
1,818 157,542 133s460 2 166 135 626
Creditors
Amounts
falling
vithin
one year
due 7 99,722 99,722 72, 449 72s449
Set Current
Assets
56s002 1,818 57,820 61s 011 2s166 63,177
Total assets less current
liabilities
109s753
Creditors
ls 818 115s738 126s 377 2,166 128,542
Amounts
falling
vithin
one year
due 7 45s833 45s833 50s000
Net Assets 63,920 ls818 65,738 76, 377 2,166 78,543
Funda
of the Charity
General
Funds
63s920 63s920 76s 377 76s377
Restricted
Funds
ls818 1,818 2,166 2 166
Total
funds
63,920 ls818 65s738 76s 377 2,166 78,543

1,18 Creditors: amounts
fal
ling due within one year
2021
f.
2020f
Bank loan
Trade creditors
Taxation
and social security
Qther creditors
and accruals
4,167
4,171
20,493
70,891
(746)
21'210
51,985
99i722
1.19 Creditors: amounts
falling
due after more than one year
2021 2020
f.
Bank
loans
45,833 50,000
1.20 Share capital
2021 2020
The
company
by guarantee.
has
no share
capita1
Limit of guarantee
and is
%10 per
authorised
member.
1.21 Reserves
Profit
and
loss
account
f
Balance at 1st September
Retained
(loss)/profit
2020
for the
year 78,543
(12s805)
Balance at 31st August 2021 65,738

F
or The

or The


Year Ended 3
1st August
2021
CURRENT
YEAR {12months
ended 31st August 2021)
a) Voluntary
Xncome
Friends
Membership
3.INCOMING
RESOURCES
Notes Unrestricted
Funds
f
Designated
Funds
f
Restricted
Funds
f
Total
Other
Cash Collections 2~054 2~054
Grants 189'038 189~038
191~092 191~092
b) Activities
for Generating
Theatre
Activities
Catering
Other
Funds
26,005
9,232
65
26,005
9~232
65
35,302 35,302
c) Xncoming
Resources
Charity
Shop Bales
Donation
from Charitable
Activities
6,917
6~917
6,917
PREVIOUS
YEAR {Year ended
31st August
2020)
3.INCOMING
RESOURCES.
Notes Unrestricted
Funds
f
Designated
Funds
Restricted
Funds
f
Total
a) Voluntary
Income
Friends
Memberships
Other
18 18
Cash Collections
Trusts
and Grants
12,553
89,236
12~553
89~236
101,807 101i807
b) Activities
for Generating
Theatre
Income
Catering
Income
Other
Funds
178,334
48,454
443
178,334
48i454
443
227/ 231 227/ 231
c) Incoming
Resources
Charity
Shop Sales
Donations
from Charitable
Activities
3,049
3,049 3~049
CURRENT
YEAR (12 months
ended 3 1st August
2
021)
4.RESOURCRS
EXPRNMD
Notes Unrestricted Designated Restricted Total
Funds Funds Funds
f.
Costs of Generating
Advertising
Costs
Marketing
Printing
Voluntary Income
2,528
2,528
2,528 2,528
Charitable
Activities
Theatre activities
45&024 45&024
Catering
Charity
Shop costs
Performing
rights
Signage
Cleaning
Telephone
Printing,
post
and stationery
IT expenses
Hire
equipment
and leasing
Repairs
and renevals
Service charges
Light
and heat
Rates
Training
Travelling
Motor expenses
Insurances
7,034
5,'000
1&327
1,454
3,789
2,454
2&055
13&572
13,631
16&099
16
5,149
360
9
38
5&976
7,034
5,000
1,327
1&454
3&789
2,454
2&055
13&572
13&631
16&099
16
5,149
360
9
38
5&976
Community
events
Depreciation
Salaries
and
NI
Pensions
Volunteers
expenses
Sundry
expenses
8 1&139
14&063
70,167
445
1,089
2,005
1&139
14&063
70,167
445
1,089
2,005
211,863 211&863
Governance
Costs
Finance
charges
H
R fees
11,872
2&189
ll&872
2&189
VAT Disallovance
Independant
examination
Accountancy
Bad debts
5&958
300
1,600
698
5,958
300
1,600
698
Book-keeping
Legal
and professional
8&760 8&760
31&377 31,377

For

The Ye
ar Ended 31 st August
20
21
PREVIOUS
YEAR (12 months
ended 31st August 2020)
4.RESOURCES
EXPENDED
Notes Unrestricted
Funds
Designated
Funds
Restricted
Funds
Total
Costs of Generating
Voluntary
Advertising
costs
Narketing
and printing
Income
10,320
10,320
10,320 10,320
Charitable
Activities
Theatre
Activities
Catering
Charity
shop costs
Performing
rights
Signage
Cleaning
46,481
30~387
5,419
7I860
365
46~481
30,387
5~419
7~860
365
Telephone
Printing
post
and stationery
IT expenses
Hire of equipment
and leasing
Repairs
and
renewals
Service
charges
Light
and
heat
Rates to
ADC and refuse
Training
Travelling
Motor
expenses
Insurances
Community
events
Depreciation
Salaries
and
NI
8
Volunteers
expenses
Sundry
expenses
2~728
7~988
ls795
1,718
35,819
12,521
610
6,271
5,361
18~288
107,603
2,984
6s583
2,728
7,988
lI795
1,718
35'819
12,521
610
6,271
5,361
18~288
107~603
2,984
6,583
300,781 300~781
Goveznance
Costs
Bank charges
Credit
card charges
VAT disallovance
Bank interest
2,170
23,547
11~236
2,170
23 547
11~236
H
R fees
Independant
examination
Accountancy
Legal
fees
1,370
250
l~750
2,987
1~370
250
1,750
2~987
43,310 43~310

6. DEBTORS
AND
PREPAYHENTS
Debtors
including
that in restricted funds.
2021 2020
Trade
Debtors
Prepayments
4,857
1,140
854
1~140
5~997
7 CREDITORS
AND
ACCRUALS
ANOVNTS FALLING DUE
WXTHXN
ONE YEAR
Unrestricted Restricted Total
Fund Fund
As at 31st August
2021
Bank loan
Trade creditors
Accountancy
and audit
fees
Performing
rights
society
Taxation
Theatre
receipts
received
in advance 4,167
4m171
11~695
2,500
(27i226)
104,415
4,167
4»171
11~695
2,500
(27,226)
104,415
Wages
99,722 99i722
As at 31st August
2020
Trade creditors
Accountancy
and audit
fees
Performing
rights
society
Taxation
Theatre
receipts
received
Wages
in advance 746
9~799
2~500
(14i896)
75,656
136
746
9~799
2~500
(14,896)
75,656
136
72,449 72,449
7. CREDITORS
AND
ACCRUALS
AHOUNTS FALLING DUE AFTER ONE YEAR
Unrestricted Restricted Total
Fund Fund
f. f.
As at 31st, August
Bank
Loan
2021 45~833 45~833
C
As at 31st August
Bank
Loan
2020 50,000 5o,ooo
17
Arun
Arts
Company
Limited
(A Company
Limited
By Guarantee)
Notes
To The Financial
Statements
(continued)
For The
Yeaz Ended 31st August
2021
Arun
Arts
Company
Limited
(A Company
Limited
By Guarantee)
Notes
To The Financial
Statements
(continued)
For The
Yeaz Ended 31st August
2021
8. STAFF COSTS
AND
NUMBERS
2021 2020
Gross
Wages
and Salazies
Employers
National
Insuzance
Costs
Pension
Contributions
f.
67,010
3»157
445
97»747
5»385
3,931
70»612 107»603
Employees
vho vere
engaged
in each of the folloving
activities:
Costs of generating
funds/fund
raising
Activities
in furtherance
of organisation's
objects
Supporting
programmes
70,612 107»603
70»612 107»603
The charity
employs
a number
of unpaid
volunteers,
the value
of any
voluntary
help is described
in the directors
annual
report.
No employee
received
emoluments
in excess of 860,000. Staff are paid
through
the
PAYE
system.
9. DIRECTORS
AND
OTHER
RELATED PARTIES
2021 2020
Number
of Directors
who vere
paid
expenses
0 0
Total
amount
paid
10. ACCOUNTINQ
PERIOD
These accounts
have
been
dravn
up to cover the full
August
2021. The comparitive
year
vas for the year
August
2020.
year
ended
ended
31st
31st