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|||Page|
|---|---|---|
|Directors|and other information|1|
|Trustees'|annual<br>report|2-5|
|Independent<br>examiner's<br>report|||
|Statement|ofcomprehensive<br>income||
|Statement|offinancial<br>position|8-9|
|Statement|ofchanges<br>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<br>Downey||||||||
|John Joseph Charlesworth||||||||
|Secretary||BOrasinski||||||
|Company|number|3066271||||||
|Charity number||1068396||||||
|Registered|office|43The Factory||||||
|Geraldine<br>Road||||||||
|Folkestone||||||||
|Kent||||||||
|CT194BD||||||||
|Business address||43The Factory||||||
|Geraldine<br>Road||||||||
|Folkestone||||||||
|Kent||||||||
|CT194BD||||||||
|Accountants||PG Lemon LLP||||||
|134 High Street||||||||
|Hythe||||||||
|Kent||||||||





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||||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<br>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|



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|||Profit and|Total|
|---|---|---|---|
|||loss||
|||account||
|||E||
|At 1 April 2019||211,558|211,558|
|Surplus<br>/ (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<br>/ (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|





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|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<br>Light Festival 2020|2,251|103,858|
|Core expenditure|- Chari Vari 2019||23,400|
|Core expenditure|—Blessing ofthe Fisheries||646|
|Core expenditure|—Guidebook<br>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<br>Marsh Guidebook|4,705||
|Core expenditure|—Gravesend<br>Light Festival 2021|15,907||
|Core expenditure|- Bag of Doings|4,437||
|Core expenses - Otterpool Project||99||
|Total||38,568|179,124|
|Employee<br>numbers||||



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|2021|2020|
|---|---|
|1,005|874|





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||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<br>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|





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|||||Str|ange Carg|o Arts|Com|pany<br>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|||





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||||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<br>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<br>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<br>and|licences|(415)|(559)|
|Depreciation<br>oftangible assets||(1,005)|(874)|
|||(75,966)|(70,382)|
|Operating<br>surplus|I(deficit)|64,397|(17,921)|
|Operating<br>surplus|I(deficit) percentage|35.8'/o|7.74'.|
|Other interest receivable<br>and similar income||14|67|
|Surplus I(deficit)|before taxation|64,411|(17,854)|