|Reference and Administrative
Details||||
|---|---|---|---|
|Report ofthe Trustees|2|to|7|
|Report ofthe Independent
Auditors|8|to|10|
|Statement
of Financial Activities||||
|Balance Sheet|12|to|13|
|Cash Flow Statement||14||
|Notes to the Cash Flow Statement||15||
|Notes to the Financial Statements|16|to|32|
|TRUSTEES||Ms J Cobb (Chair)|||||
|---|---|---|---|---|---|---|
|||Mr S Liddle (Vice Chair)|||||
|||Mr BFreeman|||||
|||Mr TMcEwen (resigned||3" November||2021)|
|||Ms E Forrest (resigned 2T" October||||2021)|
|||Mr D Fowler|||||
|||Ms A Palfrey|||||
|||Ms S Allen|||||
|||Dr C Chima-Okereke|(resigned||14'"February 2022)||
|COMPANY SECRETARY||I Archer|||||
|REGISTERED OFFICE||The Courtyard|||||
|||Edgar Street|||||
|||Hereford|||||
|||Herefordshire|||||
|||HR4 9JR|||||
|REGISTERED COMPANY|NUMBER|03342581 (England|and Wales)||||
|REGISTERED CHARITY|NUMBER|1067869|||||
|AUDITORS||Thorne Widgery Accountancy|||Ltd||
|||Chartered
Accountants|||||
|||Statutory
Auditors|||||
|||2 Wyevale
Business|Park||||
|||Kings Acre|||||
|||Hereford|||||
|||Herefordshire|||||
|||HR4 7BS|||||
|SOLICITORS||Gabbs|||||
|||14Broad Street|||||
|||Hereford|||||
|||HR4 9AP|||||
|BANKERS||LLoyds Bank pic|||||
|||1 Gwent Square|||||
|||Cwmbran|||||
|||NP44 1XN|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|E|E|E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Grants, donations
and legacies|||2|557,182|151,594|708,776|2,320,986|
|Charitable
activities||||||||
|Concerts,
performances|and|films||978,896||978,896|49,554|
|Education
and outreach||||13,076||13,076|80|
|The Courtyard
Trading Co. Limited||||487,363||487,363|211,665|
|Other trading activities||||348,986||348,986|12,381|
|Investment
income||||86||86|70|
|Total||||2,385,589|151,594|2,537,183|2,594,736|
|EXPENDITURE ON||||||||
|Raising funds||||65,119||65,119|61,657|
|The Courtyard
Trading Co. Limit:ed||||475,919||475,919|237,248|
|Charitable
activities||||||||
|Concerts,
performances|and|films||1,697,549|119,882|1,817,431|936,520|
|Art exhibitions||||24,324||24,324|16,328|
|Education
and outreach||||118,808|66,949|185,757|130,283|
|Other||||30,872|70,442|101,314|23,173|
|Total||||2,412,591|257,273|2,669,864|1,405,209|
|NET INCOME(EXPENDITURE)||||(27,002)|(105,679)|(132,681)|1,189,527|
|Transfers between
funds|||23|98 554|~98 554|||
|Net Movement
in Fund||||~71 552|~204 233|~132 681|1 189 527|
|RECONCILIATION
OF FUNDS||||||||
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought
forward||||494,138|1,227,677|1,721,815|532,288|
|TOTAL FUNDS CARRIED|FORWARD|||565,690|1,023,444|1,589,134|1,721,815|
##
##
|31 March 20|22||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Group|||Charity||
||||||31.3.22||31.3.21|31.3.22||31.3.21|
|||||Notes|E||E|E|||
|FIXED ASSETS|||||||||||
|Tangible assets||||14|1,726,726||1,685,566|1,701,971||1,657,379|
|Investments||||15||||1||1|
||||||1,726,726||1,685,566|1,701,972||1,657,380|
|CURRENT ASSETS|||||||||||
|Stocks||||16|15,218||3,239|2,595|||
|Debtors||||17|48,626||115,210|171,347||119,573|
|Cash at bank|and in hand||||1,059,482||963,386|913,906||910,909|
||||||1,123,326||1,081,835|1,087,848||1,030,482|
|CREDITORS|||||||||||
|Amounts
falling||due within one|||||||||
|year||||18|(621,508)||(429,296)|(584,765)||(373,899)|
|NET CURRENT||ASSETS|||501,812||652,539|503,083||656,583|
|TOTAL ASSETS||LESSCURRENT|||2,228,544||2,338,105|2,205,055||2,313,963|
|LIABILITIES|||||||||||
|CREDITORS|||||||||||
|Amounts
falling||due after more than one||19|(634,707)||(611,000)|(634,707)||(611,000)|
|year|||||||||||
|PROVISIONS|FOR LIABILITIES||||||||||
|Deferred tax|||||(4,703)||(5,290)||||
|NET ASSETS|||||1,589,134||1,721,815|1,570,348||1,702,963|
|FUNDS||||23|||||||
|Unrestricted|funds||||546,904||475,287|546,904||475,286|
|Restricted
funds|||||1,023,444||1,227,677|1,023,444||1,227,677|
|Non-charitable||trading|funds||18,786||18,851||||
|TOTAL FUNDS|||||1,589,134||1,721,815|1,570,348||1,702,963|
|Consolidated
Cash Flow Statement|Consolidated
Cash Flow Statement|||||
|---|---|---|---|---|---|
|for the Year Ended 31 March 2022||||||
|||||31.3.22|31.3.21|
||||Notes|E|E|
|Cash flows from operating|activities|||||
|Cash generated
from operations||||272,947|1,031,348|
|Net cash provided
by operating
activities||||272,947|1,031,348|
|Cash flows from investing|activities|||||
|Purchase of tangible
fixed assets
Sale of tangible
fixed assets||||(150,686)
42|(1,414,050)
566|
|Interest received||||86|70|
|Net cash used in investing|activities|||(150,558)|(1,413,414)|
|Cash flows from financing|activities|||||
|Interest
on Loan||||23,707||
|Loan repayments||||(50,000)||
|New loans in year|||||661,000|
|Net cash provided
by financing
activities||||(26,293)|661,000|
|Change in cash and cash equivalents||in||||
|the reporting
period||||96,096|278,934|
|Cash and cash equivalents|at the|||||
|beginning
ofthe reporting|period|||963,386|684,452|
|Cash and cash equivalents|at the end|of||||
|the reporting
period||||1,059,482|963,386|
##
|RECONCILIATION|OF NET INCOME|OF NET INCOME|OF NET INCOME|OF NET INCOME|TO NET CASH FLOW FROM OPERATING ACTIVITIES|TO NET CASH FLOW FROM OPERATING ACTIVITIES|TO NET CASH FLOW FROM OPERATING ACTIVITIES||
|---|---|---|---|---|---|---|---|---|
||||||||31.3.22|31.3.21|
||||||||E|E|
|Nei: income for the||reporting||period (as per the Statement||of Financial|||
|Activities)|||||||(132,616)|1,189,527|
|Adjustments
for:|||||||||
|Depreciation
charges|||||||109,440|32,222|
|Loss on disposal of fixed|||assets||||45|4,167|
|Interest received|||||||(86)|(70)|
|Increase/(decrease)||in deferred||tax|||(641)|2,076|
|Increase/(decrease)||in corporation|||tax||640||
|(Increase)/decrease||in stocks|||||(11,978)|3,857|
|(Increase)/decrease||in debtors|||||66,586|(62,786)|
|Increase/(decrease)||in creditors|||||241,557|(137,645)|
|Net cash provided|by operations||||||272,947|1,031,348|
|ANALYSIS OF CHANGES|||IN NET FUNDS||||||
|||||||At 1.4.21|Cash flow|At 31.3.22|
|||||||E||E|
|Net cash|||||||||
|Cash at bank and in||hand||||963,386|96,096|1,059,482|
|||||||963,386|96,096|1,059,482|
|Debt|||||||||
|Debts falling due after 1|||year|||(661,000)|26,293|(634,707)|
|||||||(661,000)|26,293|(634,707)|
|Total||||||302,386|122,389|424,775|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|GRANT|S, D|ONATIONS
AND LEGACI|ES||||
|---|---|---|---|---|---|---|
||||||31.3.22|31.3.21|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||||E|E|E.|E|
|Grants|and|donations|557,182|151,594|708,776|2,320,986|
||||557,182|151,594|708,776|2,320,986|
##
##
##
|OTHER TRADING ACTIVIT|IES|||||
|---|---|---|---|---|---|
|||||31.3.22|31.3.21|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||f.|E|E|E|
|Hire of facilities||80,108||80,108|3,670|
|Sundry income||268,878||268,878|8,711|
|Income via The Courtyard|Trading Co. Ltd|487,363||487,363|211,665|
|incl. CJRS||||||
|||836,349||836,349|224,046|
##
||||||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted||Restricted|Total|Total|
|||||||funcls||funds|funds|funds|
||||||||E|E|E|E|
|Deposit account interest|||||||86||86|70|
|All of the investment||||income arises from||an interest-bearing||deposit account.|||
|The income||received||in the prior year was unrestricted.|||||||
|INCOME FROM CHARITABLE|||||ACTIVITIES||||||
||||||||||31.3.22|31.3.21|
||||||Activity||||E||
|Admission|charges||Et||||||||
|programmes|||||Concerts,|performances|and films||929,362|40,199|
|Performance||grants||Et|||||||
|sponsorship|||||Concerts,|performances|and films||49,534|9,355|
|Education|h|outreach|||Education|and outreach|||13,076|80|
||||||||||991,972|49,634|
##
##
|||||31.3.22|31.3.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||E.|E|E|E|
|The Courtyard|Trading Co. Limited|475,919||475,919|237,248|
|Support costs||65,119||65,119|61,657|
|||541,038||541,038|298,905|
##
##
##
##
||||||||Support||
|---|---|---|---|---|---|---|---|---|
|||||||Direct|costs (see||
|||||||Costs|note 8)|Totals|
|||||||E|E|E|
|Concerts,|performances||and films|||1,588,082|229,349|1,817,431|
|Art exhibitions||||||19,521|4,803|24,324|
|Education|and outreach|||||179,753|6,004|185,757|
|||||||1,787,356|240,156|2,027,512|
|SUPPORT|COSTS||||||||
||||||information||Governance||
|||||Finance
f|technology
E|Other
E|costs
E|Totals
f.|
|Raising donations||and|||||||
|legacies||||3,226||61,893||65,119|
|Other resources expended||||4,839||16,428|9,605|30,872|
|Concerts,|performances||||||||
|and films||||105,905|24,010|99,434||229,349|
|Art exhibitions||||||4,803||4,803|
|Education|and outreach|||||6,004||6,004|
|||||113,970|24,010|188,562|9,605|336,147|
##
|Net income/(expenditure)
is stated after charging/(crediting|):||
|---|---|---|
||31.3.22|31.3.21|
||E|E|
|Auditors'
Remuneration|11,605|7,750|
|Depreciation
- owned assets|109,440|32,222|
|Other operating
leases|1,155|1,155|
|Deficit on disposal of fixed assets|45|4,167|
|Staff pension
contributions|23,603|21,975|
##
##
##
|GROUP|||
|---|---|---|
||31.3.22|31.3.21|
||E|E|
|Wages and salaries|1,051,698|915,872|
|Social security costs|74,128|56,273|
|Pension costs|23,603|21,975|
|Life assurance|2,160|2,189|
||1,151,589|996,309|
|CHARITY|||
||31.3.22|31.3.21|
||E|E|
|Wages and salaries|788,150|707,130|
|Social security costs|61,704|51,712|
|Pension costs|19,177|18,163|
|Life assurance|2,160|2,189|
||871,190|779,194|
|The average
monthly
num|ber of employees|during the year was as follows:|||
|---|---|---|---|---|
||||31.3.22|31.3.21|
|Administration|||10|14|
|Education
and outreach|||4|4|
|Sales and marketing|||16|15|
|Productions
and shows|||10|10|
|Trading subsidiary|||25|23|
|||||66|
|The number ofemployees|whose employee|benefits exceeded E60,000 was:|||
||||31.3.22|31.3.21|
|E60,001 - E70,000|||1||
##
||||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||fund|funds|funds|funds|
|||||Notes||E|E|E|
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations
and|legacies|||2|1,336,479|984,507|2,320,986|678,213|
|Charitable
activities|||||||||
|Concerts, performances||and|films||49,554||49,554|1,512,414|
|Education
and|outreach||||80||80|43,561|
|Other trading|activities||||224,046||224, 046|806,329|
|Investment
income|||||70||70|1,261|
|Total|||||1,610,229|984,507|2,594,736|3,041,778|
|EXPENDITURE|ON||||||||
|Raising funds|||||298,905||298,905|623,899|
|Charitable
activities|||||||||
|Concerts,
performances||and|films||905,790|30,730|936,520|1,984,860|
|Art exhibitions|||||16,328||16,328|26,798|
|Education
and|outreach||||130,243|40|130,283|184,523|
|Other|||||14,612|8,561|23,173|16,502|
|Total|||||1,365,878|39,331|1,405,209|2,836,582|
|NET INCOME|||||244,351|945,176|1,189,527|205,196|
|Transfers between
funds||||23|50 000|50 000|||
|Net Movement|in Fund||||294 351|895 176|1 189 527|205 196|
|RECONCILIATION
OF FUNDS|||||||||
|Total funds brought
forward|||||199,787|332,501|532,288|327,092|
|TOTAL FUNDS|CARRIED|FORWARD|||494,138|1,227,677|1,721,815|532,288|
##
|owns the en|tire|shar|e capital of 1 o|rdin|ary
share of E1.A summa|ry
ofthe trading
results is sh|own below:|
|---|---|---|---|---|---|---|---|
|||||||31.3.22|31.3.21|
|||||||E|E|
|Turnover||||||481,125|(20)|
|Other operating|income|||||132,418|252,430|
|Cost of sales||||||(147,246)|(1,748)|
|Selling and distribution|||costs|||(3,189)|(1,125)|
|Management
charge||||||(16,000)|(4,800)|
|Administration|costs|||||(325,419)|(232,300)|
|Deferred tax||||||587|(2,075)|
|Gift aid||||||(121,689)||
|Corporation
tax||||||(652)||
|Net profit retained||in I (loss absorbed||by)|subsidiary|(65)|10,362|
|The assets and|liabilities of the subsidiary||||were:|||
|Fixed assets||||||24,754|28,187|
|Current assets||||||162,349|72,085|
|Current
liabilities||||||(163,613)|(76,130)|
|Provision
for liabilities|||and charges|||(4,703)|(5,290)|
|||||||18,787|18,852|
|TANGIBLE FIXED ASSETS||||
|---|---|---|---|
||Improves|||
||to|Assets|Fixtures|
||leasehold|under|and|
|CHARITY|building|construction|fittings|
||E|E|E|
|COST||||
|At 1 April 2021|1,484,939||479,451|
|Additions|90,029||60,656|
|Disposals|||(5,483)|
|Reclassification||||
|At 31 March 2022|1,574,968||534,625|
|DEPRECIATION||||
|At 1 April 2021|16,352||349,797|
|Charge for year|60,628||27,441|
|Eliminated
on disposal|||(5,396)|
|At 31 March 2022|76,980||371,842|
|NET BOOK VALUE||||
|At 31 March 2022|1,497,989||162,782|
|At 31 March 2021|1,468,587||129,654|
||Motor|Computer||
||vehicles|equipment|Totals|
||E|E|E|
|COST||||
|At 1 April 2021||91,322|2,055,712|
|Additions|||150,686|
|Disposals|||(5,483)|
|Reclassification||||
|At 31 March 2022||91,322|2,200,915|
|DEPRECIATION||||
|At 1 April 2021||32,184|398,333|
|Charge for year||17,938|106,007|
|Eliminated
on disposal|||(5,396)|
|At 31 March 2022||50,122|498,944|
|NET BOOK VALUE||||
|At 31 March 2022||41,200|1,701,971|
|At 31 March 2021||59,138|1,657,379|
##
||Improves|||
|---|---|---|---|
||to|Assets|Fixtures|
||leasehold|under|and|
|GROUP|building|construction|fittings|
||E|E|E|
|COST||||
|At 1 April 2021|1,502,221||538,696|
|Additions|90,030||60,656|
|Disposals|||(5,483)|
|Reclassification||||
|At 31 March 2022|1,592,251||593,869|
|DEPRECIATION||||
|At 1 April 2021|16,410||398,079|
|Charge for year|61,319||30,183|
|Eliminated
on disposal|||(5,396)|
|At 31 March 2022|77,729||422,866|
|NET BOOK VALUE||||
|At 31 March 2022|1,514,522||171,003|
|At 31 March 2021|1,485,811||140,617|
||Motor|Computer||
||vehicles|equipment|Totals|
||E|E|E|
|COST||||
|At 1 April 2021||91,322|2,132,239|
|Additions|||150,686|
|Disposals|||(5,483)|
|Reclassification||||
|At 31 March 2022||91,322|2,277,442|
|DEPRECIATION||||
|At 1 April 202'I||32,184|446,673|
|Charge for year||17,938|109,440|
|Eliminated
on disposal|||(5,396)|
|At 31 March 2022||50,122|550,717|
|NET BOOK VALUE||||
|At 31 March 2022||41,200|1,726,725|
|At 31 March 2021||59,138|1,685,566|
##
##
##
##
|CHARITY||31.3.22|31.3.21|
|---|---|---|---|
|||E|E|
|Trade creditors||93,099|89,590|
|Social security and other taxes||14,115|13,252|
|Other creditors||68,107|86,519|
|VAT||8,012||
|Accruals
and deferred|income|401,428|184,538|
|||584,761|373,899|
|GROUP||31.3.22|31.3.21|
|||E.|E|
|Trade creditors||99,274|87,329|
|Social security and other taxes||17,767|15,559|
|VAT||24,553|462|
|Other creditors||73,671|73,773|
|Bounce Back Loan|||50,000|
|Accruals and deferred|income|405,591|202,173|
|Corporation
tax||652||
|||621,508|429,296|
##
##
|received|for perfor|mances
to be held in the subsequent
accounting
period.|||
|---|---|---|---|---|
|||||CHARITY|
|||||Et GROUP|
|||||31.3.22|
|||||E|
|Deferred|income at 1 April 2021|||143,003|
|Resources|deferred|in the year||256,619|
|Amounts|released|from previous year||(143,003)|
|||||256,619|
|CREDITORS: AMOUNTS
FALLING DUE AFTER MORE THAN ONE YEAR|||||
|CHARITY|Et GROUP||31.3.22|31.3.21|
||||E|E|
|Other loans (see note 20)|||634,707|611,000|
##
##
##
|An analysi|s of the maturity
o|f loans is given below:|||
|---|---|---|---|---|
||||31.3.22|31.3.21|
||||E||
|Amounts|falling due between|two and five years:|||
|Other loans - 2-5 years|||14,516|9,492|
|Amounts|falling due in more|than five years:|||
|Repayable|by instalments:||||
|Other loans more 5yrs instal|||620,191|601,508|
##
|Minimum
lease payments
under non-cancel|lable
operating
lease|s fall due as foll|ows:||
|---|---|---|---|---|
||||31.3.22|31.3.21|
||||E|E|
|Within one year|||1,120|1,020|
|Between one and five years|||840|1,960|
||||1,960|2,980|
|ve leases are in relation to the charitable|company.||||
|ANALYSIS OF NET ASSETS BETWEEN FUNDS|||||
||||31.3.22|31.3.21|
||Unrestricted|Restricted|Total|Total|
||fund|funds|funds|funds|
||E.|E|E|E|
|Fixed assets|155,501|1,571,225|1,726,726|1,685,566|
|Current assets|1,060,107|63,219|1,123,326|1,081,835|
|Current
liabilities|(621,508)||(621,508)|(429,296)|
|Long term liabilities|(23,707)|(611,000)|(634,707)|(611,000)|
|Provision of liabilities|(4,703)||(4,703)|(5,290)|
||565,690|1,023,444|1,589,134|1,721,815|
##
##
|MOVEMENT
IN FUNDS|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Net
Transfers||||
|||||||movement
between||||At|
||||||At|1.4.21|in funds
funds|||31.3.22|
||||||||E|E||E|
|Unrestricted
funds|||||||||||
|Unrestricted
fund||||||475,287|(26,937)|98,554||546,904|
|Non-charitable
trading||subsidiary||||18,851|(65)|||18,786|
|||||||494,138|(27,002)|98,554||565,690|
|Restricted fixed asset||funds|||||||||
|Equipment||||||7,689|(1,953)|(41)||5,695|
|Kickstart||||||186,533|(11,798)|30,757||205,492|
|Development
- funded|by||various sources|||811,214|(32,735)|59,274||837,753|
|Development
- funded|by||ACE|||498,332|(20,000)|||478,332|
|Garfield Weston
- Culture|||Fund|||36,831|(11,328)|18,450||43,953|
|||||||1,540,599|(77,814)|108,440||1,571,225|
|Other restrict:ed asset||funds|||||||||
|Education
Is outreach||||||35,157|7,836|||42,993|
|Sylvia Short||||||1,066|4,018|||5,084|
|D M Thomas Foundation||||||590||||590|
|Visual Arts - Hereford|City Council|||||10,374|(512)|||9,862|
|Development
- loan||||||(611,000)||||(611,000)|
|Garfield Weston - Culture|||Fund non-FA|||101,967|(83,517)
(18,450)||||
|Committed
restricted|fixed asset|||funds||148,924|41,104
(188,544)|||1,484|
|Donations
«E5,000|||||||3,206|||3,206|
|||||||(312,922)|(27,865)
(206,994)|||(547,781)|
|TOTAL RESTRICTED FUNDS||||||1,227,677|(105,679)
(98,554)|||1,023,444|
|TOTAL FUNDS||||||1,721,815|(132,681)|||1,589,134|
|Net movement
in funds,|||included|in the above|are as follows:|Incoming|Resources|Movement|||
|||||||resources|expended|in|funds||
|||||||E|E||E||
|Unrestricted
funds|||||||||||
|Unrestricted
fund||||||1,772,046|(1,798,983)|(26,937)|||
|Non-charitable
trading||subsidiary||||613,543|(613,608)|||(65)|
|||||||2,385,589|(2,412,591)|(27,002)|||
|Restricted fixed asset||funds|||||||||
|Equipment|||||||(1,953)||(1,953)||
|Kickstart|||||||(11,798)|(11,798)|||
|Development
funded|by various sources||||||(32,735)|(32,735)|||
|Development
funded|by ACE||||||(20,000)|(20,000)|||
|Garfield Weston
—Culture|||Fund||||(11,328)|(11,328)|||
|Other restricted asset||funds|||||||||
|Education
&.out:reach||||||62,656|(54,820)||7,836||
|Sylvia Short||||||5,435|(1,417)||4,018||
|Visual Arts
—Hereford|City Council|||||9,000|(9,512)||(512)||
|Garfield Weston
—Culture|||Fund non-FA||||(83,517)|(83,517)|||
|Committed
restricted|fixed asset|||funds||65,304|(24,200)||41,104||
|Donations
«E5,000||||||9,199|(5,993)||3,206||
|||||||151,594|(257,273)|(105,679)|||
|TOTAL FUNDS||||||2,537,183|(2,669,864)|(132,681)|||
##
|for th|e Year Ended|31 March|31 March|2022|2022|2022||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|23.|MOVEMENT|IN FUNDS||- continued||||||||
||Comparatives|for movement||||in funds|||Net|Transfers||
||||||||||movement|between|At|
|||||||||At 1.4.20|in funds|funds|31.3.21|
||||||||||E|E|E|
||Unrestricted|funds||||||||||
||Unrestricted|fund||||||191,298|233,989|50,000|475,287|
||Non-charitable
trading|||subsidiary||||8,489|10,362||18,851|
|||||||||199,787|244,351|50,000|494,138|
||Restricted fixed asset|||funds||||||||
||Equipment|||||||8,780|(1,091)||7,689|
||Kickstart||||||||(1,506)|188,039|186,533|
||Development|funded|by various sources||||||(59)|811,273|811,214|
||Development|funded|by ACE|||||170,350|(1,667)|329,649|498,332|
||Garfield Weston
—Culture||||Fund||||(1,616)|38,447|36,831|
|||||||||179,130|(5,939)|1,367,408|1,540,599|
||Other restricted asset|||funds||||||||
||Education
Et|outreach||||||30,036|5,121||35,157|
||Sylvia Short|||||||1,066|||1,066|
||D M Thomas|Foundation||||||3,138|(2,548)||590|
||Visual Arts -|Hereford||City|Council|||6,627|3,747||10,374|
||Development|—loan||||||||(611,000)|(611,000)|
||Garfield Weston
—Culture||||Fund non-FA||||140,414|(38,447)|101,967|
||Committed
restricted||fixed asset funds|||||112,504|804,381|(767,961)|148,924|
|||||||||153,371|951,115|(1,417,408)|(312,922)|
||TOTAL RESTRICTED FUNDS|||||||332,501|945,176|(50,000)|1,227,677|
||TOTAL FUNDS|||||||532,288|1,189,527||1,721,815|
||Comparative|net movement||||in funds,|included|in the above are as follows:||||
||||||||||incoming|Resource|Movement|
||||||||||resources|expended|in funds|
||||||||||E|E|E|
||Unrestricted|funds||||||||||
||Unrestricted|fund|||||||1,357,819|(1,123,830)|233,989|
||Non-charitable
trading|||subsidiary|||||252,410|(242,048)|10,362|
||||||||||1,610,229|(1,365,878)|244,351|
||Restricted fixed asset|||funds||||||||
||Equipment|||||||||(1,091)|(1,091)|
||Kickstart|||||||||(1,506)|(1,506)|
||Development|funded|by various sources|||||||(59)|(59)|
||Development|funded|by ACE|||||||(1,667)|(1,667)|
||Garfield Weston
—Culture||||Fund|||||(1,616)|(1,616)|
||Other restricted
asset|||funds||||||||
||Education
R|outreach|||||||15,160|(10,039)|5,121|
||D M Thomas|Foundation||||||||(2,548)|(2,548)|
||Visual Arts
—|Hereford|City||Council||||12,000|(8,253)|3,747|
||Garfield Weston
—Culture||||Fund non-FA||||144,404|(3,990)|140,414|
||Committed
restricted||fixed asset funds||||||812,943|(8,562)|804,381|
||||||||||984,507|(39,331)|945,176|
||TOTAL FUNDS||||||||2,594,736|(1,405,209)|1,189,527|
##
##
##
##
##
##
##
##
|||Group|Charity|Group|Charity|
|---|---|---|---|---|---|
|||31.3.22|31.3.22|31.3.21|31.3.21|
|||E|E|E|E|
|Deferred|tax|4,703||5,290||
|||4,703||5,290||
##