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2022-03-31-accounts

Page
Report ofthe Trustees
Independent
Examiner's
Statement
Statement
of Financial
Activities 10
Balance Sheet
Notes to the Accounts 12to 19
Detailed Statement
of Financial Activities
20

for the year e nded 3I/03/2022
2022 2021
Unrestricted
funds
Restricted
funds
Total Total
f f
Income
Income from generated funds
Other trading activities 2,971 2,971 1,489
Income from charitable activities 176,435 26,221 202,656 204,306
Total Income 179,406 26,221 205,627 205,795
Expenses
Costs ofgenerating
funds
Expenditure on Charitable activities 168,594 26,221 194,815 111,848
Total Expenses 168,594 26,221 194,815 111,848
Net Income 10,812 10,812 93,94T
Net movement in funds:
Net income for the year 10,812 10,812 93,94T
Total funds brought
forward
52,914 52,914 (41,032)
Net funds carried forward 63,726 63,726 52,915

BALANCE SHEET AT 31/03/2022
2022 2021
Notes 8
FIXEDASSETS
Tangible assets 1,211 2,416
CURRENT ASSETS
Debtors (amounts falling due within one year) 10,668 8,046
Cash at bank and in hand 136,326 72,715
146,994 80,761
CREDITORS: Amounts falling due within one year 84,479 30,262
NET CURRENT ASSETS 62,515 50,499
TOTAL ASSETS LESSCURRENT LIABILITIES 63,726 52,915
RESERVES
Unrestricted
funds
General
fund
63,726 52,915
63,726 52,915

3.PENSION CONTRIBUTIONS
2022 2021
6
Pension contributions 1,138 1,190
1,138 1,190
4.TANGIBLE FIXEDASSETS
Equipment f Total
f
Cost
At 01/04/2021 7,976 7,976
At 31/03/2022 7,976 7,976
Depreciation
At 01/04/2021 5,560 5,560
Forthe year 1,205 1,205
At 31/03/2022 6,765 6,765
Net BookAmounts
At 31/03/2022 1,211 1,211
At 31/03/2021 2,416 2,416
5.DEBTORS 2022 2021
8
Amounts
falling due within one year:
Trade debtors 5,244
Other debtors 5,424 8,046
10,668 8,046
Other debtors include an amount of6424 owed by Africa Oye Trading Limited; a company that has not traded during 2021-2022

6.CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR
2022 2021
f
Taxation and social security 2,693 1,364
Other creditors 81,786 28,898
84,479 30,262

Brought
forward
Incoming
resources
Outgoing
resources
T
1
ransfers
Carried
forward
f f f f f
52,914 179,406 (168,594) 63,726
52,914 179,406 (168,594) 63,726

Brought
forward
Incoming
resources
Outgoing
resources
T
f
ransfers
Carried
forward
6 6 8 6 8
Liverpool City Council 26,221 (26,221)
26,221 (26,221)
Liverpool City Council
Donation towards festival costs

2022 2021
Direct Artistic and Performance costs 101,019 32,292
Staff costs 47,058 49,665
Organisational Costs 44,938 28,091
Governance 1,800 1,800
194,815 111,848

2022 2021
Interest Received
Incoming Resources from Generated Funds
Traders Income
Bar Income
Merchandising 2,971 1,489
Incoming Resources from Generated Funds 2,971 1,489
Arts Council
England
166,456 166,456
Liverpool
City Council
26,221 36,220
Grenada
Foundation
2,000
Small Donations 3,379 1,630
Earned
Income
4,800
202,656 204,306
Total Incoming
Resources
205,627 205,795

General Restricted Total
Funds Funds Funds
Tangible Fixed Assets 1,211 1,211
Net Current Assets 62,515 62,515
63,726 63,726