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2020-12-31-accounts

Contents			Page
Legal and Administrative information
Report ofthe	Trustees		2-9
Independent	Examiner's Report		10
Statement of	Financial	Activities
Balance Sheet			12
Statement of	Charity	Cash Flow	13
Notes to the Financial		Statements	14 —23
Detailed Activity Summary			24

			For th	e year ended	31 December 2	020
							As Restated
			Notes	Restricted	Unrestricted	Total	Total
				2020	2020	2020	2019
				2	2
Income from
Donations and legacies				270,009	243,206	513,215	729,868
Charitable activities				40,953	421	41,374	210,153
Investments					3	3	4
Total Income				310,962	243,630	554,592	940,025
Expenditure	on
Raising funds					53,905	53,905	52,094
Charitable activities				197,044	216,447	413,491	739,460
Total Expenditure				197,044	270,352	467,396	791,554
Net Surplus	before	transfers		113,918	(26,722)	87,196	148,471
Transfers
Net Surplus	/ (Deficit)			113,918	(26,722)	87,196	148,471
Total funds brought		forward		50,211	247,137	297,348	148,877
Total Funds	carried	forward	15	2164,129	2220,415	6384,544	2 297,348

				Statement of Charity Cash Flow	Statement of Charity Cash Flow	Statement of Charity Cash Flow	Statement of Charity Cash Flow
					Notes	31 December	2020	31 December 2019
Cash flows	from operating	activities
Net cash provided by operating			activities		18		138,425	141,005
Cash flows	from investing	activities
Dividends and interest from
investments	and bank					3
Payment to acquire tangible		fixed assets				(6,517)
Net cash	provided by		investing
activities							(6,514)
Change in cash and cash equivalents				in
the reporting	period						131,911	141,009
Cash and	cash equivalents		at	the
beginning of	reporting period						242,518	101,509
Cash and cash equivalents			at the	end
ofthe reporting period							374,429	242,518
Cash at bank	and in hand						374,429	242,518

Donatio	ns and Le	gacies
						As Restated
			Restricted	Unrestricted	Total	Total
			2020	2020	2020	2019
			2			2
Public sponsorship		and grants	66,850	20,000	86,850	88,500
Arts Council			102,654	152,760	255,414	278,317
Private	sponsorship,	grants
and donations				70,446	170,951	363,051
			8270,009	2243,206	F513,215	2729,868
Funding	from the Art Council comprises:-
					2020	2019
National	portfolio funding 2020-21				152,760
National	porffolio funding 2019-20					150,000
National	Lottery Projects Grants				102,654	128,317
					F255,514	2278,317

Charitable A	ctivities
		Restricted	Unrestricted	Total	Total
		2020	2020	2020	2019
		2
Workshops		1,300		1,300	4,200
Ticket safes				221	17,894
Management	fees &contracts	28,020		28,020	72,200
Other income		833	200	1,033	2,123
Recharges		10,800		10,800	113,736
		240,953	2421	541,374	2210,153

Raising	Funds
		Restricted	Unrestricted		Total	Total
		2020	2020		2020	2019
						2
Wages	and salaries		40,566		40,566	41,379
Support	costs (note 7)		13,339		13,339	10,715
			553,905	5	53,905	252,094

						As Restated
			Restricted	Unrestricted	Total	Total
			2020	2020	2020	2019
					2
Wages and	salaries		74,490	131,648	206,138	193,599
Creative programme		costs	59,353	1,675	61,028	117,414
Production	costs		34,431	75	34,506	301,298
Publicity/marketing			14,000	21,723	35,723	61,658
Support costs (note		7)	14,770	61,326	76,096	53,589
			F197,044	2216,447	2413,491	6727,558

Support C	os	ts
				2020	2020	2020	2019
				Fundraising	Charitable	Total	Total
					Activities
					2
Office rent	and maintenance			6,839	34,193	41,032	43,205
Telephone	and stationery			324	1,622	1,946	4,184
IT and equipment			costs	1,378	6,892	8,270	10,898
Bank interest		and	charges	82	411	493	793
Sundry costs				4,716	23,578	28,294	5,224
Governance		(Note	8)		9,400	9,400	11,902
				213,339	276,096	689,435	876,206

bracket F6 29,700).	0,000 to 270,000). Pension c	ontributions for this employee were	24,200 for the
		2020	2019
			2
Wages and	salaries	216,958	196,822
Social security costs		22,326	21,132
Pension costs		11,420	15,256
Employers	allowance	(4,000)	(3,000)
		2246,704	F230,210

11.	Tangible Fixed Assets	Tangible Fixed Assets
			2020	2019
			2
	Cost
	Balance O 1 January 2020
	Additions		6,517
	Balance at 31 December 2020		6,517
	Depreciation
	Brought forward	at 1 January 2020
	Charge for year
	Balance at 31 December 2020
	Net book value
	As at 31 December 2020		26,517
	As at 31 December 2019		BNIL	P.NIL
12.	Debtors: amounts	falling due within one year
			2020	2019
			2
	Trade debtors		(240)	15,000
	Other debtors		2,400
	VAT		6,890	11,594
	Prepayments		4,429	7,939
	Accrued income		23,453	67,055
			236,932	2101,588
13.	Creditors: amounts	falling due within one year
			2020	2019
	Trade creditors		1,678	8,247
	Other creditors		14,283	21,997
	Accruals		17,818	16,515
			F33,779	246,758

Pension Co	sts
			2020	2019
				2
Defined contribution
Contributions	payable	by the company for the year	211,420	215,256

	operating	le	ases as foliows:-
				Other			Land & buildings
				2020	2019		2020	2019
					6
	Within one	year		1,000	1,427		10,949	42,083
	Between two and five years			4,000			43,549	10,648
16.	Funds
				Balance			Transfer	Balance
				At 1			Between	at 31
				Jan 20	Income	Expenditure	Funds	Dec 20
					F		2
	Unrestricted		Funds
	General Fund			247,137	243,630	270,352		220,415
	Restricted	Funds
	Tidefest				5,505	5,505
	Kids Choir &		S4W		7,633	7,633
	Rivers ofthe		World	42,248	153,474	119,820		75,901
	The Story of Water			7,964	95,000	54,782		48,182
	HLF The Islanders				49,350	9,304		40,046
				50,211	310,962	197,044		164,129
	Total Funds			2297,348	6554,592	6467,396		6384,544

		Balance			Transfer	Balance
		At 1			Between	at 31
		Jan 19	Income	Expenditure	Funds	Dec 19
		F			2
Unrestricted	Funds
General Fund		111,127	365,922	(225,131)	(4,781)	247,137
Restricted Funds
Thames Lens			7,000	(7,030)	30
Kids Choir &	S4W	30,000	22,000	(52,000)
Rivers ofthe	World		159,217	(116,969)		42,248
The Story ofWater			70,000	(62,036)		7,964
HLF Barking	Stink		86,244	(90,049)	3,805
HLF Mudiarking			76,706	(77,651)	946
Ships ofTolerance		7,750	152,936	(160,686)
		37,750	574, '103	(566,423)	4,781	50,211
Total Funds		148,877	2 940,025	2 (791,554)		f 297,348

Analysis of Net Asset	s Between Funds
	Fixed	Assets	Debtors	Cash	Creditors	Net Assets
				F		E
Restricted Unrestricted		6,517	36,932	168,660 206,214	(4,531) (29,248)	164,129 220,415
		26,517	236,932	2374,874	P(33,779)	8384,544

Analysis of net assets between	funds for the year ended 31	December	2019
	Debtors	Cash	Creditors	Net Assets
Restricted	44,487	21,493	(15,769)	50,211
Unrestricted	57,101	221,025	(30,989)	247,137
	101,588	242,518	(46,758)	297,348

Reconciliation of N	et Income to	Net C	ash Flow from	Operating Activities
				2020	2019
					2
Net income for the	reporting period			87,196	148,471
Adjustments for:
Dividends and interest from investments Decrease/(Increase) in debtors			and bank	(3) 64,656	(4) 13,288
(Decrease)/increase	in creditors			(13,424)	(20,750)
Net cash provided	by operating	activities		2138,425	Et41,005

		Detailed Activity	Summary
				As Restated
			2020	2019
			Total	Total
				2
Income
Public sponsorship		and grants	86,850	88,500
Arts Council			255,414	278,317
Private sponsorship,		grants and donations	170,951	363,051
Charitable activities			2,554	24,217
Other trading income			38,820	185,936
Interest receivable			3	4
			2554,592	2940,025
Direct Charitable	Expenditure
			2020	2019
			Total	Total
			2
Wages and salaries			246,704	234,978
Creative programme		costs	61,028	117,414
Production costs			34,506	301,298
Marketing costs			35,723	61,658
			2377,961	2715,348
Administrative Expenses
Audit and examiner		fees	1,850	4,670
Bank charges and		insurance	8,043	8,025
Support costs			79,542	63,511
			289,435	F76,206
Surplus for the Period			F87,196	2148,471