2022-04-30-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to 5
Statement ofTrustees'	Responsibilities
Independent Examiner's	Report
Statement ofFinancial	Activities	8 to 9
Balance Sheet		10
Notes to the Financial	Statements	11 to 20

				The Rising Snn Arts Centre	The Rising Snn Arts Centre	The Rising Snn Arts Centre	Ltd
				Reference and Administrative			Details
Trustees					LJohansson
					MRFoulkes
					D LLovett
					JAdams
Senior Management			Team		Larry Watson
Principal	Office				30Silver Street
					Reading
					Berkshire
					RG1 2ST
					The charity is incorporated	in England.
Company	Registration			Number	03358765
Charity Registration				Number	1062630
Independent		Examiner			David Jones &Co2018Limited
					The Centre
					Reading Road
					Eversley Centre
					Hampshire
					RG27 ONB

			Unrestricted	Restricted	Total
			funds	funds	2021
		Note
Income and Endowments	from:
Donations and legacies			3,042		3,042
Charitable activities			10,241	16,850	27,091
Other trading activities			3,380		3,380
Other income			14,283	1,890	16,173
Total income			30,946	18,740	49,686
Expenditure on:
Raising funds			(3,010)		(3,010)
Charitable activities			(26,538)	(19,046)	(45,584)
Other expenditure			(334)	(1,392)	(1,726)
Total expenditure			(29,882)	(20,438)	(50,320)
Net income/(expenditure)			1,064	(1,698)	(634)
Net movement in funds			1,064	(1,698)	(634)
Reconciliation offunds
Total funds brought forward			17,970	8,232	26,202
Total funds carried forward		20	19,034	6,534	25,568
			Unrestricted	Restricted	Total
			funds	funds	2020
		Note
Income and Endowments	from:
Donations and legacies			9,259		9,259
Charitable activities			10,000	11,291	21,291
Other trading activities			36,923		36,923
Other income			14,738	12,244	26,982
Total income			70,920	23,535	94,455
Expenditure on:
Raising funds			(20,545)		(20,545)
Charitable activities			(59,879)	(13,742)	(73,621)
Other expenditure			(407}	(1,561)	(1,968)
Total expenditure			(80,831)	(15,303)	(96,134)
Net (expenditure)/income			(9,911)	8,232	(1,679)
Transfers between funds			500	(500)
Net movement in funds			(9,411)	7,732	(1,679)

			and L	osses)
				Unrestricted	Restricted	Total
				funds	funds	2020
			Note
Reconciliation	offunds
Total funds brought		forward		27,381	500	27,881
Total funds carried		forward	20	17,970	8,232	26,202

				2021	2020
			Note
Fixed assets
Tangible assets			15	4,514	6,238
Current assets
Stocks			16	397	3,227
Debtors			17	5,993	5,059
Cash at bank	and in hand		18	27,999	22,524
Creditors: Amounts		falling due within one year	19	34,389 (13,331)	30,810 ~30,846)
Net current	assets			21,054	19,964
Net assets				25,568	26,202
Funds ofthe	charity:
Restricted income funds
Restricted funds				6,534	8,232
Unrestricted	income	funds
Unrestricted	funds			19,034	17,970
Total funds			20	25,568	26,202

					Unrestricted
					funds	Total	Total
					General	2021	2020
Donations and legacies;
	Donations	&om individuals			3,042	3,042	9,259
					3,042	3,042	9,259
4	Income	from charitable	activities
				Unrestricted
				funds	Restricted	Total	Total
				General	funds	2021	2020
	Arts and	creative activities		10,241	16,850	27,091	21,291
5	Income	from other trading		activities
					Unrestricted
					funds	Total	Total
					General	funds	2020
Events income;
	Other events income				3,380	3,380	36,923
					3,380	3,380	36,923
6	Other income
				Unrestricted
				funds	Restricted	Total	Total
				General	funds	2021	2020
Fees and supplies				1,547	1,890	3,437	12,244
Rental income				12,736		12,736	14,738
				14,283	1,890	16,173	26,982

			Unrestricted
			funds	Total	Total
			General	2021	2020
Costs	ofgoods	sold	3,010	3,010	16,718
Staff	Costs				3,827
			3,010	3,010	20,545

8 Expendi	ture on c	haritable acti	vities
			Unrestricted
			funds	Restricted	Total	Total
			General	funds	2021	2020
		Note
Arts and creative
activities			1,334	7,608	8,942	14,453
Staff costs			6,337	11,438	17,775	24,147
Allocated support
costs		10	16,491		16,491	32,693
Governance	costs	10	2,376		2,376	2,328
			26,538	19,046	45,584	73,621

			Unrestricted
			funds	Restricted	Total	Total
			General	funds	2021	2020
Depreciation,	amortisation	and
other similar	costs		334	1,392	1,726	1,968
			334	1,392	1,726	1,968

							Unrestricted
							funds	Total
							General	funds
						Basis ofallocation
General office running			costs			100	16,891	16,891
Total for 2020							32,693	32,693
Governance		costs
							Unrestricted
							funds	Total
							General	funds
Independent	examiner		fees
Examination		ofthe financial			statements		2,376	2,376
Total for 2021							2,376	2,376
Total for 2020							2,328	2,328
11Net incoming/outgoing				resources
Net outgoing		resources for the			year include:
							2021	2020
Depreciation		offixed	assets				1,726	1,968

The aggregate payroll costs were as follows:
	2021	2020
Staffcosts during the year were:
Wages and salaries	17,316	27,255
Pension costs	459	719
	17,775	27,974

2021		2020
No		No
	2		3

15 Tangible fixed assets
	Land and	Furniture	and
	buildings	equipment		Total
Cost
At 1 May 2020	8,725		9,838	18,563
At 30 April 2021	8,725		9,838	18,563
Depreciation
At 1 May 2020	6,929		5,396	12,325
Charge for the year	179		1,545	1,724
At 30April 2021	7,108		6,941	14,049
Net book value
At 30April 2021	1,617		2,897	4,514
At 30April 2020	1,796		4,442	6,238

16 Stock
		2021	2020
			K
Stocks		397	3,227
17 Debtors
		2021	2020
Trade debtors		4,265	3,331
Prepayments		1,728	1,728
		5,993	5,059
18 Cash and cash equivalents
		2021	2020
Cash at bank		27,999	22,524
19 Creditors: amounts	falling due within one year
		2021	2020
Trade creditors		10,838	8,090
Other taxation and social	security	102	364
Other creditors		91	88
Accruals		2,304	2,304
		13,335	10,846

20 Funds
		Balance at I			Incoming	Resources		Balance at 30
			May 2020		resources	expended		April	2021
					g
Unrestricted	funds
General
General Fund				17,970	30,946		(29,882)		19,034
Restricted funds
Reading Borough Council					4,100				4,100
The Earley	Charity			4,899			(2,465)		2,434
Arts Council England				3,333	12,750		(16,083)
University	ofReading				1,890		(1,890)
				8,232	18,740		(20,438)		6,534
Total funds				26,202	49,686		(50,320)		25,568
								Balance at
		Balance at 1		Incoming	Resources			30April
		May	2019	resources	expended		Transfers	2020
Unrestricted	funds
General
General Fund		27,381		70,920		(80,831)	500		17,970
Restricted funds
Reading Borough Council			500	4,500		(4,500)	(500)
The Earley	Charity			6,791		(1,892)			4,899
Arts Council England				12,244		(8,911)			3,333
			500	23,535		(15,303)	(500)		8,232
Total funds		27,881		94,455		(96,134)			26,202
21 Analysis	ofnet assets between	funds

		Unrestricted		Total funds at
		funds	Restricted	30April
		General	funds	2021
Tangible	fixed assets	2,080	2,434	4,514
Current	assets	29,089	5,300	34,389
Current	liabilities	(12,135)	(1,200)	(13,335)
Total net assets		19,034	6,534	25,568

	Unrestricted		Total funds at
	funds	Restricted	30April
	General	funds	2020
Tangible fixed assets	2,412	3,826	6,238
Current assets	24,872	5,938	30,810
Current liabilities	(9,315)	(1,531)	(10,846)
Total net assets	17,969	8,233	26,202

	Unrestricted	Funds
		Total	Total
		Unrestricted	Unrestricted
		Funds	Funds
		2021	2020
Income and Endowments	from:
Donations and legacies		3,042	9,259
Charitable activities		10,241	10,000
Other trading activities		3,380	36,923
Other income		14,283	14,738
Total income		30,946	70,920
Expenditure on:
Raising funds		(3,010)	(20,545)
Charitable activities		(26,538)	(59,879)
Other expenditure		(334)	(407)
Total expenditure		(29,882)	(80,831)
Net income/(expenditure)		1,064	(9,911)
Transfers between funds			500
Net movement in funds		1,064	(9,411)
Reconciliation offunds
Total funds brought forward		17,970	27,381
Total funds carried forward		19,034	17,970

		Restricted	Funds
			Total	Total
			Restricted	Restricted
			Funds	Funds
			2021	2020
Income and Endowments		from:
Charitable activities			16,850	11,291
Other income			1,890	12,244
Total income			18,740	23,535
Expenditure on:
Charitable activities			(19,046)	(13,742)
Other expenditure			(1,392)	(1,561)
Total expenditure			(20,438)	(15,303)
Net (expenditure)/income			(1,698)	8,232
Transfers between	funds			(500)
Net movement in funds			(1,698)	7,732
ReconciTiation offunds
Total funds brought	forward		8,232	500
Total ftmds carried	forward		6,534	8,232

Detailed Stat	em	ent		ofFinancial Activities	for the Year Ended 30April	2021
					Total	Total
					2021	2020
Income and Endowments		from:
Donations and legacies	(analysed			below)	3,042	9,259
Charitable activities (analysed			below)		27,091	21,291
Other trading activities	(analysed			below)	3,380	36,923
Other income (analysed	below)				16,173	26,982
Total income					49,686	94,455
Expenditure on:
Raising funds (analysed	below)				(3,010)	(20,545)
Charitable activities (analysed			below)		(45,584)	(73,621)
Other expenditure (analysed		below)			(1,726)	(1,968)
Total expenditure					(50,320)	(96,134)
Net expenditure					(634)	(1,679)
Net movement in funds					(634)	(1,679)
Reconciliation offunds
Total funds brought forward					26,202	27,881
Total funds carried forward					25,568	26,202

Detail	ed Sta	tement of	Financial	Activ	ities for th	e Year	Ended 30April	2021
							Total	Total
							2021	2020
Donations and	legacies
Donations							1,050	2,059
Donated use offacilities							1,992	7,200
							3,042	9,259
Charitable acdvities
Grants receivable							4,100	4,500
Grants receivable								6,791
Grants receivable							12,750
Grants receivable							10,241	10,000
							27,091	21,291
Other trading	activities
Fundraising events							2,762	5,480
Bartakings							618	31,443
							3,380	36,923
Other income
Rental income							12,736	14,738
Other income								12,244
Other income							1,890
Other income							1,467
Other income							80
							16,173	26,982
Raising funds
Opening stock							(3,227)	(5,897)
Bar supplies								(13,019)
Closing stock							397	3,227
Wages and salaries								(3,827)
Licenses							(180)	(1,029)
							(3,010)	(20,545)
Charitable activities
Wages and salaries								(1,000)
Wages and salaries							(9,548)
Wages and salaries							(1,890)
Wages and salaries							(5,878)	(22,428)
Staffpensions	(Defined	contribution)	—pension	scheme	1		(459)	(719)
Travelling							(20)	(8)
Rent							(1,992)	(7,200)
Rates and water							(4,438)	(5,677)
		This page does not form		part of	the statutory	financial	statements.
				Page 24

Detailed Stat	e	ment	of	Financial Activities f	or the Year Ended 30April	2021
					Total	Total
					2021	2020
Light, heat and power					(3,099)	(3,537)
Insurance					(1,905)	(1,816)
Repairs and maintenance						(331)
Repairs and maintenance					(10)	(6,169)
Book-keeping					(960)	(2,110)
Events and project costs						(3,500)
Events and project costs					(1,073)
Events and project costs					(6,535)	(8,911)
Events and project costs					(1,334)	(2,042)
Telephone and internet					(1,334)	(1,625)
Office expenses					(2,081)	(920)
Computer software and	maintenance			costs	(191)	(189)
Printing, postage and stationery					(241)	(417)
Advertising and promotion						(1,991)
Trade waste						(703)
Subscriptions					(220)
Independent examiner's	fee				(2,376)	(2,328)
					(45,584)	(73,621)
Other expenditure
Depreciation ofimprovements			to property		(180)	(200)
Depreciation ofequipment					(508)	(677)
Depreciation ofequipment					(154)	(205)
Depreciation ofcomputer		equipment			(884)	(884)
Depreciation ofcomputer		equipment				(2)
					(1,726)	(1,968)