2022-03-31-accounts - Kids R US Community Project

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		Page
Report ofthe Trustees	1	to	4
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements	8	to	15
Detailed Statement ofFinancial Activities	16	to	17

						2022	2021
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	f'unds
			Notes
INCOME AND ENDOWMENTS		FROM
Donations and legacies				43,234	14,940	58,174	56,784
Charitable activities
Theatrical productions				62,583		62,583	21,027
Other trading activities				15,928		15,928	1,345
Investment income				13		13	59
Other income				49,209		49,209
Total				170,967	14,940	185,907	79,215
EXPENDITURE ON
Raising funds			6	21,538		21,538	6,488
Charitable activities
Theatrical productions				122,797	33,884	156,681	85,898
Total				144,335	33,884	178,219	92,386
NKT INCOME/(EXPENDITURE)				26,632	(18,944)	7,688	(13,171)
Transfers between funds			16	(18,944)	18,944
Net movement in funds				7,688		7,688	(13,171)
RECONCILIATION	OFFUNDS
Total funds brought	forward			273,564	74,962	348,526	361,697
TOTAL FUNDS CARRIED FORWARD				281,252	74,962	356,214	348,526

		31M	ARCH 2022
					2022	2021
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
FIXEDASSETS
Tangible assets		13	143,298		143,298	155,255
CURRENT ASSETS
Debtors		14	31,154		31,154
Cash at bank			114,606	74,962	189,568	194,021
			145,760	74,962	220,722	194,021
CREDITORS
Amounts falling due within	one year	15	(7,806)		(7,806)	(750)
NET CURRENT ASSETS			137,954	74,962	212,916	193,271
TOTAL ASSETS	LESS	CURRENT
LIABILITIES			281,252	74,962	356,214	348,526
NET ASSETS			281,252	74,962	356,214	348,526
FUNDS		16
Unrestricted funds					281,252	273,564
Restricted funds					74,962	74,962
TOTAL FUNDS					356,214	348,526

	DONATIONS AND	LE	GAC	IES
					2022	2021
	Donations and sponsorship				22,381	14,800
	Grants				26,607	36,653
	Subscriptions				9,186	5,331
					58,174	56,784
	Grants received, included		in the above, are as follows:
					2022f	2021
	Carew Pole Charitable Trust Green Hall Foundation The D'Oyly Carte Company Other grants					1,000 1,000 2,250 500
	StIves Town's Fund				14,940
	Cornwall Council Leonard Laity Stoate Charitable			Trust	10,667 1,000	31,903
					26,607	36,653
3.	OTHER TRADING	ACTIVITIES
					2022f	2021
	Other uading income				15,928	1,345
4.	INVKSTMKNT INCOME
					2022	2021
	Interest receivable				13	59
	INCOME FROM CHARITABLE ACTIVITIES
					2022	2021
				Activity
	Boxoffice and programmes Theatre tax relief Premises hire			Theatrical productions Theatrical productions Theatrical productions	51,577 8,918 1,555	8,260 12,160
	Equipment hire			Theatrical productions	533	607
					62,583	21,027

	RAISING FUNDS
	Other trading activities
							2022	2021
	Purchases						19,858	1,063
	100Club						1,440	1,440
	Other fund raising costs						240	3,985
							21,538	6,488
7.	CHARITABLE ACTIVITIES COSTS
						Direct	Support
						Costs (see	costs (see
						note 8)	note 9)	Totals
	Theatrical productions					87,169	69,512	156,681
8.	DIRECT COSTS OF CHARITABLE ACTIVITIES
							2022	2021
	Trustees' expenses						129	77
	Storage costs						7,595	7,645
	Costs ofperformances						39,897	16,293
	Workshop and wardrobe						27,591	13,877
	Depreciation						11,957	11,957
							87,169	49,849
9.	SUPPORT COSTS
						Information	Governance
			Management		Finance	technology	costs	Totals
	Theatrical productions			65,221	90	2,451	1,750	69,512
	Support costs, included	in the	above,	are as follows:
							2022	2021
							Theatrical	Total
							productions	activities
	Water charges						2,234
	Licences and insurance						6,277	4,175
	Light, heat and telephone						5,591	6,578
	Postage and stationery						217	244
	Marketing and advertising						4,021
	Sundries						1,948	932
	Repairs, cleaning and maintenance						10,712	18,997
	Consultancy and other professional			costs			34,076	1,500
	Travel and accommodation						145
	Bank charges						90	229
	Computer costs						2,451	2,644
	Carried forward						67,762	35,299

			2022	2021
			Theatrical	Total
			productions	activities
	Brought forward Independent examiner's	fees	67,762 1,750	35,299 750
			69,512	36,049
10.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated after charging/(crediting);
			2022	2021
	Depreciation - owned assets Other operating leases		11,957 7,595	11,957 7,645

Trustees'		expenses
				2022	2021
Trustees'	expenses			129	77
COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			funds	funds	funds
INCOME		AND ENDOWMENTS FROM
Donations		and legacies	56,784		56,784
Charitable		activities
Theatrical		productions	21,027		21,027
Other trading activities Investment income			1,345 59		1,345 59
Total			79,215		79,215
EXPENDITURE ON
Raising funds			6,488		6,488
Charitable		activities
Theatrical		productions	85,898		85,898
Total			92,386		92,386
NET INCOME/(EXPENDITURE)			(13,171)		(13,171)

		KIDZ RUS COMMU	KIDZ RUS COMMU	NITY PROJECT
		NOTES TO THE FINANCIAL		STATEMENTS - continued
			FORTHE YEAR ENDED 31MARCH 2022
12.	COMPARATIVKS	FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
				Unrestricted	Restricted	Total
				funds	funds	funds
	RECONCILIATION		OFFUNDS
	Total funds brought	forward		286,735	74,962	361,697
	TOTAL FUNDS CARRIED FORWARD			273,564	74,962	348,526
13.	TANGIBLE FIXED		ASSETS
					Fixtures
				Freehold	and
				property	fittings	Totals
	COST
	At 1 April 2021 and	31March 2022		163,750	152,935	316,685
	DEPRECIATION
	At 1 April 2021			19,650	141,780	161,430
	Charge for year			3,275	8,682	11,957
	At 31March 2022			22,925	150,462	173,387
	NKT BOOK VALUE
	At 31March 2022			140,825	2,473	143,298
	At 31March 2021			144,100	11,155	155,255
14.	DEBTORS:AMOUNTS FALLING DUK WITHIN ONE YEAR
					2022	2021
	Other debtors				7,577
	Prepayments				23,577
					31,154

CREDITORS: AMOUNTS F	ALLING DUK WITHIN ONK	YEAR
			2022	2021
Accruals and deferred income Accrued expenses			6,056 1,750	750
			7,806	750
MOVEMENT IN FUNDS
		Net	Transfers
		movement	between	At
	At 1/4/21	in funds	funds	31/3/22
Unrestricted funds
General fund Fixed asset reserve	118,309 155,255	38,589 (11,957)	(18,944)	137,954 143,298
Restricted funds	273,564	26,632	(18,944)	281,252
Backpackers Hostel St Ives Town's Fund Grant	74,962	(18,944)	18,944	74,962
	74,962	(18,944)	18,944	74,962
TOTAL FUNDS	348,526	7,688		356,214
Net movement in funds, included	in the above are as follows:
		Incoming	Resources	Movement
		resources	expended f	in funds
Unrestricted funds
General fund Fixed asset reserve		170,967	(132,378) (11,957)	38,589 (11,957)
Restricted funds		170,967	(144,335)	26,632
StIves Town's Fund Grant		14,940	(33,884)	(18,944)
TOTAL FUNDS		185,907	(178,219)	7,688

Comparatives	for movement in fu	nds
			Net	Transfers
			movement	between	At
		At 1/4/20	in funds	funds	31/3/21
		f
Unrestricted	funds
General fund		119,523	(13,171)	11,957	118,309
Fixed asset reserve		167,212		(11,957)	155,255
		286,735	(13,171)		273,564
Restricted funds
Backpackers	Hostel	74,962			74,962
TOTAL FUNDS		361,697	(13,171)		348,526

Comparative	net movement in funds, include	d in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	funds
General fund		79,215	(92,386)	(13,171)
TOTAL FUNDS		79,215	(92,386)	(13,171)

A current year 12months and prior yea	r 12months combined po	sition is as follow	s:
		Net	Transfers
		movement	between	At
	At 1/4/20	in funds	funds	31/3/22
Unrestricted funds
General fund	119,523	25,418	(6,987)	137,954
Fixed asset reserve	167,212	(11,957)	(11,957)	143,298
	286,735	13,461	(18,944)	281,252
Restricted funds
Backpackers Hostel	74,962			74,962
StIves Town's Fund Grant		(18,944)	18,944
	74,962	(18,944)	18,944	74,962
TOTAL FUNDS	361,697	(5,483)		356,214

	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund Fixed asset reserve	250,182	(224,764) (11,957)	25,418 (11,957)
Restricted funds	250,182	(236,721)	13,461
StIves Town's Fund Grant	14,940	(33,884)	(18,944)
TOTAL FUNDS	265,122	(270,605)	(5,483)

	FOR THK YEARENDED 3	1MARCH 2022
		2022	2021
INCOME AND ENDOWMENTS
Donations and legacies
Donations and sponsorship		22,381	14,800
Grants		26,607	36,653
Subscriptions		9,186	5,331
		58,174	56,784
Other trading activities Other trading income		15,928	1,345
Investment income
Interest receivable		13	59
Charitable activities
Boxoffice and programmes		51,577	8,260
Theatre tax relief		8,918	12,160
Premises hire		1,555
Equipment hire		533	607
		62,583	21,027
Other income
Business interruption	insurance	49,209
Total incoming resources		185,907	79,215
EXPENDITURE
Other trading activities Barcosts		11,974	1,063
Merchandise and other trading expenses		7,884
100Club		1,440	1,440
Other fund raising costs		240	3,985
		21,538	6,488
Charitable activities
Trustees' expenses		129	77
Storage costs		7,595	7,645
Costs ofperformances		39,897	16,293
Workshop and wardrobe		27,591	13,877
Freehold property		3,275	3,275
Fixtures and fittings		8,682	8,682
		87,169
Support costs
Management
Water charges		2,234
Carried forward		2,234

		FORTHE YEAR ENDED 31	MARCH 2022
			2022	2021
Management
Brought forward			2,234
Licences and insurance			6,277	4,175
Light, heat and telephone			5,591	6,578
Postage and stationery			217	244
Marketing and advertising			4,021
Sundries			1,948	932
Repairs, cleaning and maintenance			10,712	18,997
Consultancy and other professional		costs	34,076	1,500
Travel and accommodation			145
			65,221	32,426
Finance
Bank charges			90	229
Information technology
Computer costs			2,451	2,644
Governance costs
Independent examiner's	fees		1,750	750
Total resources expended			178,219	92,386
Net income/(expenditure)			7,688	(13,171)