2021-03-31-accounts

					Page
Trustees' annual report (incorporating		the	director's	report)
Independent examiner's report to the		trustees
Statement offinancial activities	(including		income and
expenditure account)
Statement offinancial position
Statement ofcash flows
Notes to the financial statements					12

Registered		charity	name	name	Bridport Arts Centre	Bridport Arts Centre
Charity registration			number		1069780
Company	registration			number	3550280
Principal office and			registered		9a South Street
office					Bridport
					Dorset
					DT6 3NR
The trustees
					N Ziebland
					RWheelwdight
					A Kehr
					C Morgan
					B Lovejoy
					C Addis		Resigned	15/06/20
					I Cavill
					BArmstrong-Marshall		Elected 11/01/21
					R Prescott Hedley		Elected 11/01/21
					G Fearnyough		Elected 11/01/21
					K Hatch		Elected 11/01		/21
					K Saraiya		Elected 11/01/21
Independent		examiner			Stuart Cardington	FCA
					For and on behalf	ofThomas	Westcott Chartered		Accountants
					Timberly
					South Street
					Axminster
					Devon
					England
					EX13SAD

				2021		2020
			Unrestricted	Restricted
			funds	funds	Total funds	Total funds
		Note	6	E
Income and endowments
Donations and legacies Charitable activities		5 6	165,050 149,142	5,000 10,200	170,050 159,342	216,776 268,936
Other trading activities Other income		7 8	2,417 3,103		2,417 3,103	34,172
Total income			319,712	15,200	334,912	519,884
Expenditure
Expenditure on raising funds: Costs ofother trading activities		9	14,684		14,684	24,817
Expenditure on charitable	activities	10,11	310,954		310,954	532,224
Total expenditure			325,638		325,638	557,041
Net income/(expenditure)	and net
movement in funds			(5,926)	15,200	9,274	(37,157)
Reconciliation offunds
Total funds brought forward			281,286		281,286	318,443
Total funds carried forward			275,360	15,200	290,560	281,286

31 INarch	2021
					2021	2020
				Note	E	E
Fixed assets
Tangible fixed assets				17	17,612
Investments				18	1	1
					17,613	1
Current assets
Stocks				19		2,272
Debtors				20	15,183	43,331
Cash at bank	and	in	hand		279,917	264,902
					295,100	310,505
Creditors: amounts			falling due within one year	21	22,153	29,220
Net current	assets				272,947	281,285
Total assets	less	current liabilities			290,560	281,286
Net assets					290,560	281,286
Funds ofthe charity
Restricted funds					15,200
Unrestricted	funds				275,360	281,286
Total charity	funds			22	290,560	281,286

Year ended 31 March		2021
				2021	2020
				6
Cash flows from operating		activities
Net income/(expenditure)				9,274	(37,157)
Adjustments for.
Interest payable and similar Loss on disposal of heritage		charges assets		4,293	17,606 114,154
Depreciation				3,736
Changesin:
Stocks				2,272	(196)
Trade and other debtors				28,148	(17,967)
Trade and other creditors				(7,067)	(134,624)
Cash generated from operations				40,656	(58,184)
Interest paid				(4,293)	(17,606)
Net cash from/(used in) operating activities				36,363	(75,790)
Cash flows from investing		activities
Purchase oftangible assets				(21,348)
Proceeds from sale oftangible assets					556,362
Proceeds from sale ofheritage assets					(114,154)
Net cash (used in)/from investing activities				(21,348)	442,208
Cash flows from financing		activities
Proceeds from borrowings					(89,621)
Net cash used in financing	activities				(89,621)
Net increase in cash and	cash equivalents			15,015	276,797
Cash and cash equivalents		at beginning	ofyear	264,902	(11,895)
Cash and cash equivalents		at end ofyear		279,917	264,902

of company Donations	law are also directors, agree and legacies	to contribute 51 each should	the charity b	e wound up.
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
				5
Donations
Donations	and fundraising	2,052		2,052
Gift aid		904		904

Donations and legacies (conrinrlect)
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
	8	r	F
Grants
West Dorset District Council	71,097		71,097
Bridport Town Council Arts Council	6,000 58,468		6,000 58,468
Capital project Furlough receipts	2,000 22,502		2,000 22,502
Sponsorship Sponsorship		5,000	5,000
Subscriptions Subscriptions	2,027		2,027
	165,050	5,000	170,050
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
	6		5
Donations
Donations and fundraising	116,070		116,070
GiR aid	2,383		2,383
Grants
West Dorset District Council	33,951		33,951
Bridport Town Council Arts Council	6,000 57,412		6,000 57,412
Capital project	3,165		3,165
Grants receivable type 6
Sponsorship
Sponsorship	(7,500)		(7,500)
Subscriptions Subscriptions	5,295		5,295
	216,776		216,776

Charitable	activities
		Unrestricted	Restricted	Total Funds
		Funds f	Funds E	2021 f
Performing arts and box office Bridport prize Educations and visual arts		17,195 131,317 630	10,200	17,195 141,517 630
		149,142	10,200	159,342
		Unrestricted	Restricted	Total Funds
		Funds	Funds E	2020 f
Performing arts and box office Bridport prize Educations and visual arts		121,343 108,878 38,715		121,343 108,878 38,715
		268,936		268,936

		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
			E
Cafe Arts	and Bar income centre hire	2,230 187	2,230 187	22,063 12,109	22,063 12,109
		2,417	2,417	34,172	34,172

8.	Other income
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
			E
	Misc income		3,103	3,103
9.	Costs ofother trading	activities
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
			F	E	E	E
	Bar		14,684	14,684	24,817	24,817

Expenditure	on charitable activities by fun	d type
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
			6	E
All charitable	activities	142,709		142,709
Loss on disposal oftangible assets Support costs		168,245		168,245
		310,954		310,954
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
		E	6
All charitable	activities	176,249		176,249
Loss on disposal oftangible assets			114,154	114,154
Support costs		237,193	4,628	241,821
		413,442	118,782	532,224

Expenditure	on	charitable activities	by activity typ	e
			Activities
			undertaken		Total funds	Total fund
			directly	Support costs	2021	2020
All charitable	activities		142,709	167,095	309,804	416,970
Loss on disposal		oftangible assets				114,154
Governance	costs			1,150	1,150	1,100
			142,709	168,245	310,954	532,224
Analysis of	support costs
				All charitable
				activities	Total 2021	Total2020
				E		6
Staff costs				128,435	128,435	163,192
Premises				7,257	7,257	13,428
Communications		and IT		9,448	9,448	11,882
General office				3,504	3,504	3,011
Utilities				3,380	3,380	5,977
Insurance				(3,066)	(3,066)	9,766
Bank charges and interest Legal and professional Depreciation				4,293 10,108 3,736	4,293 10,108 3,736	17,606 15,859
				167,095	167,095	240,721

Yea	r ended 31 March 20	21
13.	Net income/(expenditure)
	Net income/(expenditure)	is stated	after charging/(crediting):	2021	2020
				6
	Loss on disposal of heritage assets				114,154
14.	Independent examination	fees
				2021	2020
					6
	Fees payable to the independent examiner for: Independent examination ofthe financial statements			1,150	1,100
15.	Staff costs
	The total staff costs and employee		benefits for the reporting	period are analysed as	follows:
				2021	2020
	Wages and salaries Social security costs			121,675 6,760	167,323 9,550
				128,435	176,873

17.	Tangible fixed assets
		Fixtures and
		fittings
	Cost
	At 1 April 2020
	Additions	21,348
	At 31 March 2021	21,348
	Depreciation
	At 1 April 2020
	Charge for the year	3,736
	At 31 March 2021	3,736
	Carrying amount
	At 31 March 2021	17,612
	At 31 March 2020
18.	Investments
		Shares	in
		gr'oup
		undertakings
		6
	Cost orvaluation
	At 1 April 2020 and 31 March 2021
	Impairment
	At 1 April 2020 and 31 March 2021
	Carrying amount
	At 31 March 2021		1
	At 31 March 2020		1

Yea	r ended 31	March	2021
20.	Debtors
				2021 f	2020 6
	Trade debtors				11,042
	Prepayments	and accrued income		15,183	32,289
				15,183	43,331
21.	Creditors: amounts		falling due within one year
				2021	2020
				6
	Trade creditors			12,269	8,720
	Accruals and deferred		income	1,245	3,854
	Social security Other creditors	and other taxes		6,339 2,300	5,487 11,159
				22,153	29,220

			At						At
		1 April	2020	Income f		Expenditure 6	Transfers 31 6		March 2021 6
General funds		281,286		319,712		(325,638)	(100,000)		175,360
Designated	fund						100,000		100,000
		281,286		319,712		(325,638)		—	275,360
		At							At
		1 April 2019		Income	Expenditure		Transfers	31	March 2020
				6		6	6		6
General funds		150,666		519,884		(438,259)	48,995		281,286
Designated	fund
		150,666		519,884		(438,259)	48,995		281,286

								At
				At			31	March 202
			1	April 2020	Income	Expenditure	Transfers	1 f
Bridport	Prize	fund			15,200			15,200
								At
				At			31	March 202
			1	April 2019 f	Income f	Expenditure	Transfers f	0 f
Building	fund			167,777		(118,782)	(48,995)

Analysis ofnet as	sets between funds
		Unrestricted	Total Funds
		Funds	2021
Tangible fixed assets Current assets		17,613 295,100	17,613 295,100
Creditors less than	1year	(22,153)	(22,153)
Net assets		290,560	290,560
		Unrestricted	TotalFunds
		Funds	2020
Tangible fixed assets		1	1
Current assets		310,505	310,505
Creditors less than	1 year	(29,220)	(29,220)
Creditors greater than 1 year
Net assets		281,286	281,286