2021-03-31-accounts

freelance Arthbc Dimctor is appointed by the trustees, to whom the trustees dekfgate day-to. day opeabons ofthe defray, mckugng Nnance, mfdoykfg faber heelance support and afgsbc pohcy and	freelance Arthbc Dimctor is appointed by the trustees, to whom the trustees dekfgate day-to. day opeabons ofthe defray, mckugng Nnance, mfdoykfg faber heelance support and afgsbc pohcy and	freelance Arthbc Dimctor is appointed by the trustees, to whom the trustees dekfgate day-to. day opeabons ofthe defray, mckugng Nnance, mfdoykfg faber heelance support and afgsbc pohcy and
dffeftfon.	The Artotic Director reports regularly to the trustees on matters ofgeneral concern.
ILikjSNSNSNIBNSL
The trustees have a risk nfanagement proosss whkh comprtsfw
~	an annual revhfw ofany long-term rhks the derRy may face;
~ ~	the establishment ofsystems and procedures to mitigate these risks; the implementaUon ofprocedures designed to minimize any potential impact on the charity should these risks matenalfze; NANAclai, heaNh h sadsty, aAd~pfooedufes afe~tevhsffed
The charily's objects and principal actlvibes are to advance education for the pubac benefit by the
promotion ofthe arts, in pafffcuiar literature and the spoken word but also with a view to		developing
'Nve literature productions' and peseting events that involve elements ofmusk, theatre,		visual art,
and him.	Lewes Uve uterature (LLL) ahns to oiler oppoftufgbes for kxal pefkge ofag ages tosee and
Partidpate in high quakty artistic activhkw through the pnwentation ofproductions, festivals, events,
creative	parddpatlve workshops and other projects Involving professional writers and ardsts.
The main	objectives for 2020-2021 were:
	to survive the coronavirus pandemic intact as an organisation;
~	to take advantage ofthe local authority and government support that was available;; to review company practkes and procedures;
~	to prepare Ibr the fuhffe when ItIs possgde to run events and stage productkms	again.
The stfategkfs employed to acfseve the charky's objectives during 2017-SSwere:
~	to seek funfgng forafukire pfograntffm of work frofn Acts Cooed England;
~	to apply for business rate relief on the company's studio space;
~	to apply for a local business covkl emergency grant from the local authority;
~	lo maintafn electronic contact amongst the trustees regardfng devetopmenfs,
The major areas ofacdvlty that contributed to our stated objectives were:
~	a success%I appgcabon to Arts Councg England Ibr a p oject entkled entgled 'Supportkfg
	Freeiancers and Supporting Community Partfcfoabon;
~	ufxessful applkatlons to East Sussex Ars Partnership and Lewss Dlstrct Councg	for the
	same project;
~	as no activity was passage because of lockdowns, covkf restrtcoons and venues	beufg closed
	to bide our bme and to prepare and plan for the future;
~	to nakltakt coAliKC with aftkds and venues Involved with our foUductkm avthdty	so that
	when lockdown strictiofls were eased we cotfld beglfl wofk.
2020-21	was a unfeueiy barren year for LLL due fo successfve lockdowns and theaftres and venues
benq closed. our main aim was to ensure the survival ofthe orqanisanon, be Ilexgxe and		adapetcabie
and plan	for fhe future. The company is fortunate in having a very streamlined Nght touch	stafAng
structure.

Company information
Directors' report
Accountants' report
Income statement
Statement offinancial	position
Notes to the financial	statements
Detailed income statement

				Notes	2021f	2020f
Turnover						5,742
Cost ofsales					(6,753)	(26,264)
Gross loss					(6,753)	(20,542)
Administrative	expenses				(7,034)	(13,160)
Other operating income					42,534	31,911
Operating profit/(loss)					28,747	(1,791)
Profit/(Loss)	on ordinary		activities before taxation		28,747	(1,791)
Tax on profit	on ordinary	activities
Profit/(Loss)	for the financial year				28,747	(1,791)

			Notes	2021	2020
					6
Current assets
Cash at bank and	in	hand		49,783	18,503
Creditors: amount		falling due within one year		(13,202)	(10,669)
Net current assets				36,581	7,834
Total assets less	current liabilities			36,581	7,834
Net assets				36,581	7,834
Capital and reserves
Profit and loss account				36,581	7,834
Members' funds				36,581	7,834

Other operating	income
		2021	2020
			R
Government Grants		25,000
Grants - project	related	10,364	22,375
Grants - running	costs	2,050	500
Workshop fees			1,416
Hire ofpremises	and equipment	5,120	7,320
Other income			300
		42,534	31,911

Creditor	s: amount falling due within one yea	r
		2021	2020
			6
Accrued	Expenses	305	305
Deferred	Grants	12,887	10,384
		13,202	10,669

	2021f
Balance at 01April 2020	7,834
Profit for the year	28,747
Balance at 31 March 2021	36,561

		For the year end	ed 31 March	2021
				2021		2020
Turnover
Ticket sales						5,742
						5,742
Cost ofsales
Performers' fees and expenses			1,330		13,070
Venue, staging and production		costs	349		5,564
Promotion and publicity			274		1,300
Freelance operatives-fees	and	expenses	4,800		6,350
				(6,753)		(26,284)
Gross loss				(6,753)		(20,542)
Administrative expenses
Accountancy Fees			323		328
Rent			5,520		7,718
Light, Heat &Power					260
General Travel Expenses			76		550
General Insurance					504
Computer Expenses			1,026		3,049
Stationery &Postage			88		520
Telephone, Fax & Internet					231
Sundry Expenses
				(7,034)		(13,160)
Other operating income
Government Grants			25,000
Grants - project related			10,364		22,375
Grants - running costs			2,050		500
Workshop fees					1,416
Hire ofpremises and equipment			5,120		7,320
Other income					300
				42,534		31,911
Operating profit/(loss)				28,747		(1,791)
Profitl(Loss) on ordinary taxation	activities before			281747		(1,791)
Profit/(Loss) for the financial		year		28,747		(1,791)