OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

Unrestricted Restricted Total Total
Notes Funds Funds 2022 2021
INCOME AND ENDOWMENTS
FROM:
Donations
and legacies		 2 163,831 5,000 168,831 281,305
Investment
income		 3 28 28 35
Charitable
activities		 4 340,829 340,829 295,840
TOTAL INCOME 504,688 5,000 509,688 577,180
EXPENDITURE ON:
Raising funds 973 973 17
Charitable
activities		 5 567,918 6,064 573,982 420,359
TOTAL EXPENDITURE 568,891 6,064 574,955 420,376
NET (EXPENDITURE)/INCOME 6 (64,203) (1,064) (65,267) 156,804
Transfer between
funds
NET MOVEMENT
IN FUNDS		 (64,203) (1,064) (65,267) 156,804
RECONCILIATION
OF FUNDS
Total funds brought
forward at 1 April 2021		 113,352 1,314 114,666 (42,138)
TOTAL FUNDS CARRIED FORWARD
AT 31 MARCH 2022 249,149 2250 249,399 2114,666

Notes 2022 2021
FIXEDASSETS
Tangible assets 1,586
CURRENT ASSETS
Debtors 10 1,601 9,403
Cash at bank and in hand 146,811 193,008
148,412 202,411
CREDITORS:
Amounts
falling due within one year		 11 99,652 89,331
NET CURRENT (ASSETS)ILIABILITIES 48,760 113,080
NET (ASSETS)ILIABILITIES 12 249,399 21t4,666
FINANCED BY:
Unrestricted
funds		 13 49,149 113,352
Restricted funds 13 250 1,314
249,399 2114,666

2022 2021
2 2
Cash flows from operating activities:
Net movement
in funds per		 Statement of Financial Activities (65,267) 156,804
Adjustments
for:
Depreciation 1,798 2,249
Decrease/(increase)
in debtors		 7,802 (3,414)
Increase
in creditors		 10,321 21,048
Net cash provided byi(used ini operating activities (45,346) 176,687
Cash flows from investing activities:
Purchase of tangible
fixed assets		 (851)
Net cash provided
by/(used		 tn) investing activities (851)
Increase/(decrease)
in cash		 (46,197) 176,687
Cash and cash equivalents brought
forward		 193,008 16,321
Cash and cash equivalents carried forward 2146,811 F193,008
Analysis ofcash and cash equivalents 2022 2021
2
Cash at bank and
in hand		 2146,811 2193,008

Unrestricted Restricted Total Total
Funds Funds 2022 2021
2 2 2 2
Arts Council England grant 142,993 142,993 212,456
Other grants 48,000
Donations 20,838 5,000 25,838 20,849
2163,831 25,000 2168,831 2281,305

Unrestricted Unrestricted Restricted Total Total
Funds Funds 2022 2021
2 2 2 2
Bank interest receivable 228 ENII 228 235
All of the 235 recognised in 2021 was unrestricted funds.

Unrestricted Restricted Total Total
Funds Funds 2022 2021
2 2 2 2
Courses (inc. online) 180,185 180,185 150,227
Tutorials 11,442 11,442 12,007
Seminars 46,313 46,313 45,905
Workshops 23,929 23,929 28,157
New Artistic Programmes and Special
Projects 30,514 30,514 7,773
Higher Education Programme 48,302 48,302 48,213
Other income 144 144 3,258
2340,829 2Nil 2340,829 2295,840

Unrestricted Restricted Total Total
Funds Funds 2022 2021
2 8 2 8
Salaries and staff costs 219,641 219,641 172,706
Tutor fees 129,692 129,692 124,388
Rent and venue
hire		 40,576 40,576 303
Premises cost (931) (931) 4,023
Marketing 6,399 6,399 5,271
Course Expenses 1,350 1,350 425
Higher Education
Programme		 30,068 30,068 17,097
New Artistic Programmes 60,627 5,000 65,627 37,017
Bursary 3,371 3,371 3,312
Insurance 2,537 2,537 2,190
Postage 181 181 486
Website costs 9,521 9,521 10,131
Legal and professional
Refunds 120
Repairs and renewals (Inc. IT) 19,316 19,316 2,329
Stationery
and office supplies		 8,292 8,292 3,220
Telephone
and Internet		 5,851 5,851 4,283
Bank and PayPal charges 5,858 5,858 5,704
Sundry expenses 1,232 1,232 379
Depreciation 734 1,064 1,798 2,249
DIRECT PROJECT COSTS 544,315 6,064 550,379 395,633
SUPPORT COSTS
Salaries and staff costs 21,658 21,658 21,062
Governance costs:
Auditors
remuneration		 1,854 1,854 1,860
Directors' expenses 91 91 1,804
Trustees' expenses
2567,918 6,064 2573,982 2420,359

2022 2021
This is stated after charging:
Operating
lease rentals		 226,065 21,699
Auditors'
remuneration:
Audit services 81,600 21,600
Non-audit services —accountancy services 2260 2260
Depreciation 21,798 22,249
STAFFING
2022 2021
2 2
Salaries 182,698 160,034
Social Security cost 13,991 11,215
Pension costs 4,607 4,063
201,296 175,312
Consultants and other staff costs 36,481 18,456
2237,777 2193,768
Total employ ee
benefits received
by key manage		 ment
amounted
to 265,900(202		 1:256,987
2022 2021
Number
of Staff		 No. No.
Director
Programme & Marketing
Administration & Finance

Improvements Improvements to Furniture 8
Leasehold Premises Equipment Total
2 2 2
Cost
At 1 April 2021 7,929 20,755 28,684
Additions 851 851
Disposals
At 31 March 2022 7,929 21,606 29,535
Depreciation
At 1 April 2021 6,343 20,755 27,098
Charge for the year 1.586 212 1,798
At 31 March 2022 7,929 20,967 28,896
Net Book Values
At 31 March 2022 2NII F639 2639
At 31 March 2021 21,586 ENII 21,586
10. DEBTORS
2022 2021
2 2
Accrued income 125 8,853
Prepayments 1,476 550
21,601 29,403
11. CREDITORS: Amounts falling due within one year
2022 2021
8 2
Other creditors including taxation and social security 45,618 27,170
Accruals 1,860 1,860
Deferred
income		 52,174 60,301
299,652 289,331

Unrestricted Unrestricted Restricted Total Total
Funds Funds 2022 2021
2 2 2 2
Fund Balances at 31 March 2021
are represented by
Tangible
fixed assets		 639 639 1,586
Current assets 148,162 250 148,412 202,411
Current
liabilities		 (99,652) (99,652) (89,331)
249,149 2250 249,399 2114,666
MOVEMENT IN FUNDS
At 1 April At 31 March
2021
f		 Income
2		 Expenditure
2		 Transfers
2		 2022
2
Restricted
Funds:
Laurel prize 5000 5,000
Moving funds 1,064 1,064
Apples
& Snakes		 250 250
1,314 5,000 6,064 250
Unrestricted Funds:
General 113,352 504,688 568,891 49,149
Total Funds 2114,666 2509,688 2574,955 ENil 249399
At 1 April At 31 March
2020 Income Expenditure Transfers 2021
2 2 2 2 2
Restricted
Funds:
Laurel prize 5,000 5,000
Moving funds 2,128 1,064 1,064
Apples
& Snakes		 250 250
7,378 6,064 1,314
Unrestricted Funds:
General (49,516) 577,180 414,312 113,352
Total Funds 2(42,138) 2577,180 2420,376 EN)I Et14666

otal future minimum
lease payments
und		 er non-cancellable
operating
leases		 are as follo
2022 2021
Amounts due within:
One year 1,699 26,065
One to five years 566 2,266
22,265 228,331