2021-03-31-accounts

		Page
Directors	and other information	1
Trustees'	annual report	2-5
Independent examiner's report
Statement	ofcomprehensive income
Statement	offinancial position	8-9
Statement	ofchanges in equity	10
Notes to the financial statements		11-14

		Strange	Cargo	Cargo	Arts	Company	Limited
		Company		limited	by	guarantee
		Directors and other information
Directors ITrustees		Terry Perk
Gary Bourne
Nicholas Varian
Len Mayatt
Jyll Bradley
Jennifer Thatcher
Sally Hough
Anthony Downey
John Joseph Charlesworth
Secretary		BOrasinski
Company	number	3066271
Charity number		1068396
Registered	office	43The Factory
Geraldine Road
Folkestone
Kent
CT194BD
Business address		43The Factory
Geraldine Road
Folkestone
Kent
CT194BD
Accountants		PG Lemon LLP
134 High Street
Hythe
Kent

			Statement ofcomprehensive	Statement ofcomprehensive	income
			Year ended	31 March 2021
						2021	2020
				Note
Income						179,701	231,585
Direct cost						(39,338)	(179,124)
Gross surplus						140,363	52,461
Administrative	expenses					(75,966)	(70,382)
Operating surplus		I(deficit)				64,397	(17,921)
Other interest receivable and similar			income			14	67
Surplus I(deficit)		before taxation				64,411	(17,854)
Tax on surplus	/ (deficit)
Surplus I(deficit)		for the financial	year and total
comprehensive	income					64,411	(17,854)

			Strange	Cargo	Cargo	Arts		Company	Limited
			Company		limited	by	guarantee
			Statement		offinancial			position
				31 March 2021
								2021		2020
					Note
Fixed assets
Tangible assets					8	175,408				174,997
								175,408			174,997
Current assets
Stocks							730			1,500
Debtors					9	3613				9,401
Cash at bank	and	in hand				90,083				17,213
						94,426				28,114
Creditors: amounts			falling due
within one year					10	(11,719)				(9,407)
Net current assets								82,707			18,707
Total assets	less	current liabilities						258,115			193,704
								258,115			193,704
Net assets
Capital and	reserves
Accumulated	surplus							258,115			193,704
Membersfu	nds							258,115			193,704

		Profit and	Total
		loss
		account
		E
At 1 April 2019		211,558	211,558
Surplus / (deficit) for the year		(17,854)	(17,854)
Total comprehensive	income for the year	(17,854)	(17,854)
At 31 March 2020 and 1April 2020		193,704	193,704
Surplus / (deficit) for the year		64,411	64,411
Total comprehensive	income for the year	64,411	64,411
At 31 March 2021		258,115	258,115

Analysis ofcos	t ofprojects
		2021	2020
Core expenditure	—St Peter's Parish Frieze		1,791
Core expenditure	-St Peter's Fishing Fleet		12,310
Core expenditure	- Cheriton Light Festival 2020	2,251	103,858
Core expenditure	- Chari Vari 2019		23,400
Core expenditure	—Blessing ofthe Fisheries		646
Core expenditure	—Guidebook Turner Prize	118	35,010
Core expenditure	—Other	392	1,109
Design and artwork			1,000
Core expenditure	—Chari Vari 2020	10,359
Core expenditure	- Chari Vari 2021	300
Core expenditure	- Romney Marsh Guidebook	4,705
Core expenditure	—Gravesend Light Festival 2021	15,907
Core expenditure	- Bag of Doings	4,437
Core expenses - Otterpool Project		99
Total		38,568	179,124
Employee numbers

2021	2020
1,005	874

	Y	ear ended 31 March 2021
8.	Tangible assets
		Freehold	Plant and	Fixtures,	Total
		property	machinery	fittings and
			f	equipment
	Cost
	At 1 April 2020	172,378	61,153	47,821	281,352
	Additions			1,416	1,416
	At 31 March 2021	172,378	61,153	49,237	282,768
	Depreciation
	At 1 April 2020		60,876	45,479	106,355
	Charge for the year		69	936	1,005
	At 31 March 2021		60,945	46,415	107,360
	Carrying amount
	At 31 March 2021		208	172,3782,822
	175,408		277
	At 31 March 2020			172,3782,342
	174,997
9.	Debtors
				2021	2020
	Trade debtors			1,500	416
	Other debtors			2,113	8,985
				3,613	9,401

				Str	ange Carg	o Arts	Com	pany Limited
									2021	2020
Trade	creditors								3,696	5,915
Social	security	and	other	taxes					1,970	1,332
Other	creditors								6,053	2,160
									11,719	9,407
					Company	limited	by	guarantee

			2021	2020
Income
Fees receivable	and other sales income		96,174	89,087
Grants and donations			83,277	142,573
Gallery and workshop		hire	250	(75)
			179,701	231,585
Direct cost
Opening stock			(1,500)	(1,500)
Cost ofprojects			(38,568)	(179,124)
			(40,068)	(180,624)
Closing stock			730	1,500
			(39,338)	(179,124)
Gross surplus			140,363	52,461
Gross surplus	percentage		78.1%	22.7%
Overheads
Administrative	expenses
Wages and salaries			(48,800)	(47,250)
Rent and rates			(535)	(652)
Insurance			(4,268)	(4,136)
Light and heat			(1,904)	(2,279)
Repairs and maintenance			(2,271)	(744)
Postage and stationery			(1,306)	(577)
Telephone and	internet		(1,393)	(1,085)
Computer costs			(1,493)	(1,650)
Hire ofoffice equipment			(1,735)	(1,919)
Travel expenses			(2,161)	(409)
Accountancy fees			(2,000)	(2,000)
Payroll and bookkeeping			(5,926)	(5,700)

Bank charges		(203)	(268)
General expenses		(551)	(280)
Subscriptions and	licences	(415)	(559)
Depreciation oftangible assets		(1,005)	(874)
		(75,966)	(70,382)
Operating surplus	I(deficit)	64,397	(17,921)
Operating surplus	I(deficit) percentage	35.8'/o	7.74'.
Other interest receivable and similar income		14	67
Surplus I(deficit)	before taxation	64,411	(17,854)