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2021-03-31-accounts

Company number: 3330301 Charity Number: 1068364

Skippko Arts Team

Report and financial statements For the year ended 31st March 2021

Skippko Arts Team

Reference and administrative information

for the year ended 31[st] March 2021

Company number 3330301 Charity number 1068364 Registered office and operational address

42 Barkston House Croydon Street Leeds LS11 9RT

Known as ‘Skippko’

Management Committee Management Committee, who are also directors under company law, who served during the year and up to the date of this report were as follows: Emily Harvey Chair – Appointed 15 September 2020 Jackie Hobson Treasurer Jayne Learoyd Secretary Helen Cowling Resigned from the Board on15 September 2020

Key management Arthur Stafford Director personnel

Bankers Unity Trust Bank Nine Brindleyplace Birmingham B1 2HB

Independent examiner

Catherine Hall FCCA DChA Slade & Cooper Limited Beehive Mill Jersey Street Manchester M4 6JG

1

Skippko Arts Team

Management Committee’s annual report

for the year ended 31st March 2021

The Management Committee presents their report and the unaudited financial statements for the year ended 31st March 2021. Included within the Management Committee’s report is the directors’ report as required by company law.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Objectives and activities

Skippko aims to transform lives and empower people through exciting and innovative creative arts projects. Our charitable purpose is:

To advance the education of the public in creative and visual arts and crafts, and the techniques and practice thereof, and in particular to provide facilities and opportunities whereby older people, young people, people with learning disabilities, people with disabilities, people with mental health needs and people who are disadvantaged by reason of poverty, ill health or social circumstances may be afforded opportunities for personal development, through the experience and practice of such creative arts and crafts.

We do this by:

Our arts workers act as group facilitators, using a wide range of arts techniques to increase people’s confidence, skills and sense of self-worth. Skippko’s way of working gives the ownership of the creative process and the direction of the project to the group members themselves, giving people influence over how they are seen by others and the ideas they have to share. This method has proved to be empowering for people who may not have the same control over other aspects of their lives, enabling them to grow in confidence and gain a huge sense of achievement.

The Trustees review the aims, objectives and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The Trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the Trustees ensure the charity's aims; objectives and activities remained focused on its stated purposes.

Public benefit

The Trustees have referred to the Charity Commission's guidance on public benefit when planning Skippko’s work for the year to come and in the end of year evaluation.

Skippko projects are reviewed regularly and evaluated upon completion with input at the end from all involved, including project participants. This helps to ensure that projects deliver planned outcomes and, are responding to the previously identified needs amongst our beneficiaries.

This report covers the year most affected by the pandemic. Skippko remained open as far as a functioning organisation is concerned and worked directly with people in their own homes. Skippko delivered 998

2

Skippko Arts Team

Management Committee’s annual report

for the year ended 31st March 2021

creative sessions either via digital means such as zoom or Skype and engaged with 170 people of which in excess of 50% were over 65 years in age.

Achievements and performance

Our charitable activity is focused on tackling disadvantage and marginalisation thus reflecting our primary aim; that of providing benefit to the public. Specific beneficiaries from our work vary from project to project, with much of our work being in areas within the most 5% deprived in England high indices. During 2020/21 we continued our work with parents and families, adult carers, young and old people, women from diverse communities and, communities with low rates of literacy and use of English as a second language.

Skippko receives a small level of public subsidy (£4,600) from Leeds City Council as a member of the city’s arts client portfolio; we receive no public subsidy from Arts Council England. We continued to generate 97% of our income needs through bespoke project funding bids and unrestricted income generated through our temporary space, property programme: Blank Canvas. Projects delivered during the course of the year were:

At the heart of our work are people; their stories, their lives, their ambitions, their fears. It still surprises us after 30 years the degree to which people open up, how they introduce their history and how they engage with others in the group. This did not abate with the coming of lockdown and isolation.

Financial review

The year ending 31st March 2021 was fraught but successful. Fraught in that we decided to remain open, support the people we have been working with and continue to provide employment for staff and artists. Successful in that we were able to augment our reduced inflow of unrestricted income through applying for project funding and various Covid recovery schemes. The company welcomes the opportunity to support the cultural ambitions of the city of Leeds by being a member of the City’s funded portfolio for the four years from 2018/19 to 2021/22.

3

Skippko Arts Team

Management Committee’s annual report

for the year ended 31st March 2021

During the course of the year, we continued to focus on cost recovery from grant in aid funds where possible and again we secured around 17%. We were successful in securing Covid-related business rates support from Leeds and York City Councils and significant funding from the Department for Digital Culture Media and Sports (DCMS) under its Cultural Recovery Fund. The position for 2021/22 year is healthy. We are confident of continuing the success in converting funding applications, continuing the recovery of a proportion of our costs and grow our Blank Canvas income. At the point of writing, Skippko is converting 80% of funding applications.

Long term, we seek to insulate ourselves from the fluid nature of the Blank Canvas scheme. But, the impact of the pandemic has put such plans back a couple of years as we readjust to what we are terming a periCovid world.

Reserves policy

The Trustees review the need for reserves in line with guidance from the Charity Commission. Company policy is to carry reserves optimally for five months trading (around £30,000) or in extremis, sufficient to discharge statutory redundancy payments (around £10,000). The present position indicates that we will continue to comfortably trade during the coming year (2021/22) whilst preserving the optimal level of free reserves. These accounts for 2020/21 note a total fund of £80,594 will be carried forward to 2021/22 representing free reserves of £67,037 or approximately 8 months trading.

Plans for the future

By remaining open during the plague year of 2020/21, Skippko has generated a significant amount of interest and plaudits, our profile has never been higher. For the coming year we will continue to focus on ‘at home’ projects as the restrictions are eased whilst being aware of potential development work through blended working (a mix of digital and face-to-face workshops).

Programme of work for 2021/22

In response to the strategic challenges outlined above, Skippko will undertake six individual streams of work over the course of the coming year:

  1. Organisational development – For the coming year, we will continue prioritising the procurement of much-needed new equipment for the office via the DCMS funds. In addition, we will be prioritising board recruitment.

  2. Strategic engagement – We will continue to strengthen our position and reputation within the Leeds arts sector. We will build on links with the universities and arts-in-health networks and through agencies linked into the NHS

  3. Skippko pops-up! – Pop-ups was a project stream we introduced in April 2017 to get Skippko back on the Leeds cultural map and generate ideas / support / partners for a wholly new platform of work. It was very successful. For the coming year, the pop-ups have a different focus, that of identifying partnerships allowing us to operate in a socially-distanced, post-virus Leeds.

  4. Arts projects – We will be finishing off two large projects, the completion of which has been somewhat knocked off course by the pandemic, these being [a] Women Reflecting on Women and, [b] In The Waiting Room. These two projects represent some £80,000 of project funding.

  5. Sustainable Community Hubs – For a couple of years, Skippko has been working to establish and support, community groups which frequently arise from our work; this process is now formally termed ‘Asset Based Community Development’ or, ABCD. There are currently two programmes of this work [a]

4

Skippko Arts Team

Management Committee’s annual report

for the year ended 31st March 2021

one arose from A Shared Place and has become a community photography project entitled Cameraaderie and is a collaboration between Skippko and Holbeck Together and, [b] the other is the Community Research Team which grew out of Women Reflecting on Women.

  1. Blank Canvas – This is our property programme and acts directly in response to the needs of artists, not only Skippko artists but also those in other towns and cities. Securing Grade A spaces in Leeds has enabled us work in active collaboration in particular with Leeds University and Leeds City College. We will continue programming a number of MA and BA fine art degree shows, which will see some 300 students exhibiting in our spaces during the course of the year. At the moment we have property in the following cities:

  2. a. York

  3. b. Leeds

  4. c. Bradford d. Hull

  5. e. Kendal

  6. f. Huddersfield

Artists – Finally, we have our artists and our intention in the coming year is to [a] recruit new artists to the group to bring in skills associated with movement and music, [b] continue to put in place a process of continual professional development and, [c] seek opportunities to tour work across our property portfolio. As part of the company’s commitment to its artists, it will commission each of them (18 in all) to create a piece of work to the theme of ‘a personal response to isolation and lockdown’.

Structure, governance and management

Two artists conceived Skippko Arts Team in 1988. It is a company limited by guarantee, incorporated on 10[th] March 1997 and registered now as a charitable company as of 28[th] February 1998. The company was established under a memorandum of association, which established the objects and powers of the charitable company and is governed under its articles of association.

Members of the charity guarantee to contribute an amount not exceeding £10 to the assets of the charity in the event of winding up. The total number of such guarantees at 31st March 2021 was 3 (2020:4). The Trustees are members of the charity but this entitles them only to voting rights. The Trustees have no beneficial interest in the charity.

A board of Trustees meet quarterly. The Director carries out day-to-day management of staff and resources. Trustees are recruited openly, and appointed as appropriate, with one-third of their number standing down, in rotation, at the Annual General Meeting.

Potential Trustees are required to complete an application form, explaining why they are interested in Skippko and what they hope to gain from the experience, along with the skills and experience they have to offer, and contact details of two referees. Once references have been received, the potential new Trustee will meet informally with Skippko's Director, where they will be given an induction pack with information about Skippko and about their responsibilities as a Trustee. They may also be invited to an induction evening if appropriate. They are shown the procedures for Trustee Meetings, and offered formal training on their responsibilities. They are also supported to request further training if it is required. The present position indicates, two new trustees will be joining Skippko during December 2021.

Periodically, Skippko also carries out a skills audit of all Trustees, to address potential skills gap and remedy them with training or further recruitment.

5

Skippko Arts Team

Management Committee’s annual report

for the year ended 31st March 2021

There were no related-party transactions during the year, and Skippko's Memorandum and Articles of Association precludes Trustee remuneration and other benefits, except for reimbursement of out-of-pocket expenses.

Remuneration policy for key management personnel

Senior staff are appointed on the NJC pay scale at a point appropriate to skills and experiences. This is periodically benchmarked against similar organisations. At a board meeting held in 2019, the decision was taken by Trustees to increase to 29 (from 25), the weekly hours for the director and arts project manager.

Risk management

Every Skippko project is subject to a risk assessment and report. When considering larger projects, a report is formally presented to the board for sign off during the application stage. When funding is secured, risk management becomes the director’s responsibility with Trustees being updated against a standing item on the board agenda for the duration of the project. The director reports on five areas of operational risk; [a] capacity, [b] progress, [c] financial management, [d] project management and [e] statutory and legal obligations. Against each of these areas, we define the risk, scoped worse case scenarios, described mitigation actions and recommended course of action.

Funds held as custodian trustee on behalf of others

None.

Statement of responsibilities of the Management Committee

The Management Committee (who are also directors of Skippko Arts Team for the purposes of company law) are responsible for preparing the Management Committee’s annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Management Committee to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Management Committee is required to:

The Management Committee are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

6

Skippko Arts Team

Management Committee’s annual report

for the year ended 31st March 2021

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006.

The Management Committee’s annual report has been approved by the Management Committee on _/_/____ and signed on their behalf by

Emily Harvey

Chair

7

Independent examiner’s report

to the Trustees of

Skippko Arts Team

I report to the charity trustees on my examination of the accounts of the company for the year ended 31[st] March 2021 which are set out on pages 9 to 21

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Catherine Hall FCCA DChA Slade & Cooper Limited Beehive Mill, Jersey Street Manchester, M4 6JG

Date:___

8

Skippko Arts Team

Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 March 2021

Unrestricted
funds
Note
£
Income from:
Donations and legacies
3
95,324
Charitable activities:
4
78,459
Total income
173,783
Expenditure on:
Charitable activities:
5
145,657
Total expenditure
145,657
6
28,126
Transfer between funds
-
Net movement in funds for the year
28,126
Reconciliation of funds
Total funds brought forward
28,911
Total funds carried forward
57,037
Net income/(expenditure) for the
year		 Restricted
funds
£
-
14,406
14,406
8,221
8,221
6,185
-
6,185
17,372
23,557		 Total funds
2021
£
95,324
92,865
188,189
153,878
153,878
34,311
-
34,311
46,283
80,594		 Total funds
2020
£
49,202
162,831
212,033
178,058
178,058
33,975
-
33,975
61,510
95,485

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

9

Skippko Arts Team Company number 3330301

Balance sheet as at 31 March 2021

Note
£
£
Current assets
Debtors
11
7,394
Cash at bank and in hand
77,734
Total current assets
85,128
Liabilities
Creditors: amounts falling
due in less than one year
12
(4,534)
Net current assets
80,594
Total assets less current liabilities
80,594
Net assets
80,594
The funds of the charity:
Restricted income funds
13
23,557
Unrestricted income funds
14
57,037
Total charity funds
80,594
2021		 £
£
21,221
28,775
49,996
(3,713)
46,283
46,283
46,283
17,372
28,911
46,283
2020		 £
£
21,221
28,775
49,996
(3,713)
46,283
46,283
46,283
17,372
28,911
46,283
2020
46,283
46,283
17,372
28,911
46,283

For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.

The notes on pages 11 to 21 form part of these accounts.

Approved by the management committee on ______ and signed on their behalf by:

Jackie Hobson (Treasurer)

10

Skippko Arts Team

Notes to the accounts for the year ended 31 March 2021

1 Accounting policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Accounting Practice.

Skippko Arts Team meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

b Preparation of the accounts on a going concern basis

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. There are no key judgments which the trustees have made which have a significant effect on the accounts.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

c Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.

11

Skippko Arts Team

Notes to the accounts for the year ended 31 March 2021 (continued)

d Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the trustees’ annual report for more information about their contribution.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

e Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

f Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity.

Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

g Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

h Operating leases

Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease.

12

Skippko Arts Team

Notes to the accounts for the year ended 31 March 2021 (continued)

i Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

j Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

k Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

l Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

m Pensions

Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The charity’s contribution is restricted to the contributions disclosed in note 8. There were no outstanding contributions at the year end. The costs of the defined contribution scheme are included within staff costs in note 6.

2 Legal status of the charity

The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity. The registered office address is disclosed on page 1.

13

Skippko Arts Team

Notes to the accounts for the year ended 31 March 2021 (continued)

3 Income from donations and legacies

Unrestricted
£
Donations
25,324
Arts Council England
45,000
Leeds Community Foundation
15,000
Blank Canvas
10,000
Total
95,324
49,202
Income from charitable activities
Unrestricted
£
Grants
Shutter Stories
-
Heritage Lottery Fund
-
Leeds City Council
3,630
Leeds Older People's Forum
-
Other Grant Income
4,710
8,340
Fees & other income
Fees
13,752
Blank Canvas
56,367
70,119
Total
78,459
76,096
Total by fund 31 March 2020
Total by fund 31 March 2020		 Restricted
£
-
-
-
-
-
Restricted
£
2,200
5,100
7,106
-
-
14,406
-
-
-
14,406
37,533		 Total 2021
£
25,324
45,000
15,000
10,000
95,324
49,202
Total 2021
£
2,200
5,100
10,736
-
4,710
22,746
13,752
56,367
70,119
92,865
113,629		 Total 2020
£
49,202
-
-
49,202
Total 2020
£
150
20,400
12,810
200
8,883
91,645
16,541
54,645
71,186
162,831

4 Income from charitable activities

14

Skippko Arts Team

Notes to the accounts for the year ended 31 March 2021 (continued)

Income from charitable activities continued…

Previous reporting period

Previous reporting period
Grants
Awards for All
Charles Brotherton Trust
Heritage Lottery Fund
Leeds City Council
Leeds Older People's Forum
Arts Council England
Fees & other income
Fees
Other income
Total by fund 31 March 2020		 Unrestricted
£
-
150
-
4,560
200
-
4,910
16,541
54,645
71,186
76,096		 Restricted
£
-
-
20,400
8,250
-
8,883
37,533
-
-
-
37,533		 Total 2020
£
-
150
20,400
12,810
200
8,883
42,443
16,541
54,645
71,186
113,629

15

Skippko Arts Team

Notes to the accounts for the year ended 31 March 2021 (continued)

5 Analysis of expenditure on charitable activities

Staff costs
Staff travel & training
Premises
Office costs
Publications, subscriptions & resources
Equipment
Miscellaneous
Freelance fees & expenses
Materials
Other project costs
Business rates for empty properties
Restricted expenditure
Unrestricted expenditure
6
Net income/(expenditure) for the year
This is stated after charging/(crediting):
Operating lease rentals:
equipment
accountancy
independent examination
Governance costs
Independent examiner's fee:		 Total 2021
£
62,103
433
14,053
2,834
444
694
385
17,304
-
8,029
45,920
1,679
153,878
2021
£
8,221
145,657
153,878
2021
£
515
1,150
220		 Total 2020
£
55,255
2,305
11,645
2,477
4,992
23
568
33,165
8,799
5,022
51,930
1,877
178,058
2020
£
55,039
123,019
178,058
2020
£
515
1,150
220

16

Skippko Arts Team

Notes to the accounts for the year ended 31 March 2021 (continued)

7 Staff costs

Staff costs during the year were as follows:

ff costs during the year were as follows:
Wages and salaries
Freelance staff
Pension costs		 2021
£
30,048
31,460
595
62,103		 2020
£
26,555
28,202
498
55,255

No employees has employee benefits in excess of £60,000 (2020: Nil).

The average number of staff employed during the period was 3 (2020: 3). The average full time equivalent number of staff employed during the period was 2.1(2020: 2.1).

The key management personnel of the charity comprise the trustees and the Director. The total employee benefits of the key management personnel of the charity were £31,460 (2020: £28,2020).

8 Trustee remuneration and expenses, and related party transactions

Neither the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year (2020: Nil).

No members of the management committee received travel and subsistence expenses during the year (2020:£Nil).

Aggregate donations from related parties were £Nil (2020: £Nil).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2020: nil).

17

Skippko Arts Team

Notes to the accounts for the year ended 31 March 2021 (continued)

9 Government grants

The government grants recognised in the accounts were as follows:

Leeds City Council
Blank Canvas		 2021
£
3,630
10,000
13,630		 2020
£
4,560
-
4,560

There were no unfulfilled conditions and contingencies attaching to the grants.

10 Corporation tax

The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

11 Debtors

Trade debtors
Other debtors
Prepayments		 2021
£
2,747
45
4,602
7,394		 2020
£
18,427
-
2,794
21,221

12 Creditors: amounts falling due within one year

Other creditors and accruals
Taxation and social security costs		 2021
£
4140
394
4,534		 2020
£
3,344
369
3,713

18

Skippko Arts Team

Notes to the accounts for the year ended 31 March 2021 (continued)

13 Analysis of movements in restricted funds

Balance at
1 April
2020
Income
Expenditure
£
£
£
In the Waiting Room
11,419
7,106
(2,490)
Shutter Stories
-
2,200
(1,627)
5,953
5,100
(4,104)
Total
17,372
14,406
(8,221)
Analysis of movements in restricted funds (Continued)
Balance at
1 April
2019
Income
Expenditure
£
£
£
In the Waiting Room
-
17,133
(5,714)
A Shared Place
Project 2
8,218
-
(8,218)
BASIS
1,160
-
(1,160)
Women Reflecting on
25,500
20,400
(39,947)
Total
34,878
37,533
(55,039)
Previous
Reporting Period
Women Reflecting on
Women		 Transfers
£
-
-
-
-
Transfers
£
-
-
-
-
-		 Balance at
31 March
2021
£
16,035
573
6,949
23,557
Balance at
31 March
2020
£
11,419
-
-
5,953
17,372

Name of Description, nature and purposes of the fund

In the Waiting Room A collaboration with 8 community groups.

Shutter Stories Photography project for carers in Leeds.

Women Reflecting on Exploring the lives of working class women in the late 19th and early Women 20th centuries against the backdrop of the suffragette movement.

19

Skippko Arts Team

Notes to the accounts for the year ended 31 March 2021 (continued)

14 Analysis of movement in unrestricted funds

General fund
Previous reporting
Name of
General fund
General fund		 Balance
at 1 April
2020
Income
Expenditure
Transfers
£
£
£
£
28,911
173,783
(145,657)
-
28,911
173,783
(145,657)
-
Description, nature and purposes of the fund
The free reserves after allowing for all designated funds
period
Balance
at 1 April
2019
Income
Expenditure
Transfers
£
£
£
£
26,632
125,298
(123,019)
-
26,632
125,298
(123,019)
-		 As at 31
March 2021
£
57,037
57,037
As at 31
March
2020
£
28,911
28,911

20

Skippko Arts Team

Notes to the accounts for the year ended 31 March 2021 (continued)

15 Analysis of net assets between funds

Net current assets/(liabilities)
Total
Previous reporting period
Net current assets/(liabilities)
Total		 General
fund
£
57,037
57,037
General
fund
£
28,911
28,911		 Designated
funds
£
-
-
Designated
funds
£
-
-		 Restricted
funds
£
23,557
23,557
Restricted
funds
£
17,372
17,372		 Total
£
80,594
80,594
Total
£
46,283
46,283

16 Operating lease commitments

The charity's total future minimum lease payments under non-cancellable operating leases is as

Less than one year
One to five years		 2021
2020
£
£
732
515
2,451
3,183
515
Equipment		 2021
2020
£
£
732
515
2,451
3,183
515
Equipment
515

17 Reconciliation of net movement in funds to net cash flow from operating activities

Net income/(expenditure) for the year
Adjustments for:
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operating		 2021
£
34,311
13,827
821
48,959		 2020
£
33,975
3,637
(4,648)
32,964

21