## ## ## ## |||Page| |---|---|---| |Directors' and Trustees'|Report|3 —13| |Independent
Examiner's|Report|14| |Statement of Financial Activities||15| |Balance Sheet||16| |Statement ofCash Flows||17| |Notes to the Accounts||18—30| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Unrestricted|Funds|Funds|||||||Period||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||General||Designated|||||Restricted|||ended|||Total|| |||Notes||Funds
f|||Funds
f|||||Funds
f|31/08/2021f||||2020f|| |Income||||||||||||||||||| |Grants,
donations
and legacies||2||197,120||||||||||197,120||177,040||| |Income from
charitable
activities||3||111,014|||||||354,332|||465,346||393,216||| |Income from other trading|activities|4||9,937||||||||||9,937|||50,880|| |Investment
income||||220||||||||||220|||941|| |Total income||||318281|||||||354,332|||672,623||622,077||| |Expenditure||||||||||||||||||| |Cost of raising funds||7||40,928||||||||||40,928|||6,880|| |Expenditure
on charitable|activities|7||277,332|||||||362,739|||640,070||578,505||| |Total expenditure||||318,260|||||||362,739|||680,999|||585,385|| |Net income i (expenditure)
&net||||||||||||||||||| |movement
in funds||||31||||||||(8,407)||(8,376)|||36,692|'| |Reconciliation
offunds:||||||||||||||||||| |Total funds,
brought
forward||||432,212|||53,000|||||17,188||502,400|||465,708|| |Total funds, carried forward||||432,243|||53,000|||||8,781||494,024|||502,400|| |The general
funds
totalling
surplus
off432,243 as detailed
in Note 18, includes
capital assets
Suite 16, Perseverance
Works from where
the charity operates.
This is a leasehold
property
long
term
loan
of f462,703 (in the
form
of a mortgage
against
the
property),
other
fixed
undesignated
liquid funds off81,424. As such the significant
majority
of general
funds
remain||||||||||||||off813,422, including
valued
at f813,422, a
assets
of f6,180 and
tied up within
the value||||| |ofthe property
from which|Eastside|Educational||Trust operates.||||||||||||||| ## ## ## ## ## ## |FOR THE|PERI|OD ENDED 3|1STAUGUS|T 2021|| |---|---|---|---|---|---| ||||Notes|2021|2020| |Cash used in operating
activities|||19|74,129|~11293| |Cash flows from investing
activities|||||| |Interest income||||220|941| |Purchase of tangible
fixed assets|||||(230)| |Purchase of investment|||||| |Cash provided
by I(used in) investing|activities|||220|711| |Cash flows from financing
activities|||||| |Repayment
of borrowing||||(23,890)|(30,484)| |Cash infiowa from new borrowings|||||| |Interest on borrowing
Cash used
in financing
activities||||14,454
~9,437|18,887
~71 697| |Increase
/ (decrease)
in cash &cash equivalents||in the year||64 913|~22 179| |Cash &cash equivalents
at the beginning|of the|year||221,950|244,120| |Total cash &cash equivalents
at the end ofthe year||||286,863|221,950| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |INCOME FROM CHARITABL|E AC||I|VI|TIE|S|||||| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||Total|Total| |Educationa/serv/ces|||||||Unrestrictedf|Restricted
E||2021
8|2020
8| |Grants and donations:|||||||||||| |Adobe Foundation
- Eastside|Partner|||Schools|||||5,531|5,531|9,500| |Adobe Foundation
- Females|in film||||||||15,591|15,591|| |Adobe Foundation
- Environmental|||Filmmakers||||||7,960|7,960|| |Arts Council England:
Iknow|l wish||I|will|||||11,000|11,000|99,000| |DCMS/Arts
Council England:|Cultural|||Recovery Fund|||||249,750|249,750|| |Arts Council England:
Spoken Word||||Power|||||5,000|5,000|| |The BBFC:Eastside
Film Crew|||||||||4,000|4,000|38,500| |Disney Worldwide:
DMIS 10th Year Anniversary|||||||||||18,670| |John Lyon's Charity: Verse vs Verse|||||||||10,000|10,000|37,000| |John Lyon's Charity:
I know|I wish|I will|||||||||24,000| |John Lyon's Charity:Spoken|Word||Power||||||5,000|5,000|| |City Bridge Trust - London
Community|||||Response||||||| |Fund|||||||||40,000|40,000|| |Royal Botanic Garden's
Kew|- Grow||Wild fund||||||500|500|| |Disney Worldwide:
Disney Musicals||||in|Schools||||||40,893| |University
of Essex|||||||||||1,650| |Contract income:|||||||||||| |Schools income|||||||16,273|||16,273|36,399| |BFI Film Academy|||||||17,000|||17,000|17,000| |Greater London
Authority|||||||||||9,815| |Hackney
Council
Southwark
Council - Partner|Schools||||||2,000
21,800|||2,000
21,800|13,400
40,000| |Southwark
Council - Raise the Curtain|||||||44,100|||44,100|| |Hackney
Council - Shoreditch|Community|||||Fund|7,000|||7,000|| |Other contract income
&85,000|||||||2,841|||2,841|7,389| ||||||||111,014||354,332|465,346|393,216| |Income
from charitable
activities
in|||2020|||totalling|F393,216 was attributed||to unrestricted
funds of 8124,003||| |and restricted
funds ofF269,213.|||||||||||| |INCOME FROM OTHER TRADING|||ACTIVITIES||||||||| |||||||||||Total|Total| ||||||||Unrestricted
F|||2021
f|2020f| |Product sales||||||||1,437||1,437|| |Office hire||||||||8,500||8,500|50,880| |||||||||9,937||9,937|50,880| |The other trading
activities
income||in||2020 totalling|||F50,880was attributed||to unrestricted
funds.||| |INVESTMENT INCOME|||||||||||| |||||||||||Total|Total| ||||||||Unrestricted
F|||2021
f|2020f| |Interest on cash deposits||||||||220||220|941| |||||||||220||220|941| ## |he Registrar ofCompanies.
A summary
of the trad
elow:|he Registrar ofCompanies.
A summary
of the trad
elow:|he Registrar ofCompanies.
A summary
of the trad
elow:|he Registrar ofCompanies.
A summary
of the trad
elow:|ing
results for the|period ended 31"Augu|st, 2021 is show| |---|---|---|---|---|---|---| |SUMMARY PROFIT AND LOSS ACCOUNT:|||||2021f|2020
E| |Turnover|||||37,498|99,663| |Other income:||||||| |Government|grants||||7,122|| |Grants from|Parent Charity||||62,899|| |Cost ofsales and administration|||costs||(70,494)|(47,422)| |Service charge payable||to the|charity||(8,500)|(51,000)| |Net profit|||||28,525|1,241| |Amount
gift|aided to the|charity||||| |Retained
in|subsidiary||||28,525|1,241| |The assets|and liabilities ofthe subsidiary|||were:||| |Fixed Assets|||||38,640|4,383| |Current|assets||||10,138|29,495| |Current|liabilities||||(17,558)|(31,453)| |Net current|assets||||31,220|2,425| |Creditors:|falling due|after more than one||year|(3,770)|(3,500)| |Net assets|||||27,450|~1075| |Aggregate|share capital and||reserves||27,450|~7,075| ## ## ## |ANALYSIS OF EXPENDITURE|ANALYSIS OF EXPENDITURE|ANALYSIS OF EXPENDITURE||||| |---|---|---|---|---|---|---| ||||Raising|Educational|Total|Total| ||||Fundsf|Servicesf|2021
6|2020
E| |Direct project costs||||143,942|143,942|260,473| |Direct staff costs|||4,532|97,757|102,289|109,603| |Publicity
costs||||20,875|20,875|15,533| |Premises
hire costs||||||| |General support costs||(Note 8)|36,239|368,419|404,659|194,314| |Governance
costs|(Note 8)||157|9,077
6~0|9,234
~)'8gg()|5,462| ## |SUPPORT COSTS||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |The charity
initially
identifies
the|costs||of its support||functions.
It then identifies those|||costs which||relate to the| |governance
function.
Governance||costs and||other|support
costs||are apportioned|separately||between
the| |charity's
two key activities
undertaken|||(see Note 6)||in the year.|All|the general
support||and governance
costs|| |have been apportioned
to the various|||charitable|activities
on the||basis ofa proportion||of direct costs, allocated||| |to each activity.||||||||||| ||||||General|Governance|||Total|Total| ||||||supportf||function
6||2021
6|2020
E| |Management
staff costs|||||173,936||6,594|180,531||91,793| |Premises costs|||||77,276||||77,276|24,881| |Communications
costs|||||2,518||||2,518|1,839| |CRM and Project Management|Costs||||24,480||||24,480|| |Business
planning
and development||cost|||29,880||||29,880|| |Information
technology
and website||costs|||44,943||||44,943|31,427| |Mortgage
interest and charges|||||14,454||||14,454|18,887| |Legal and professional
costs|||||1,537||||1,537|841| |Depreciation
Sundry expenses
Independent
examination
fees||||32,847
2,788
~5, 5||2,640
32,847
2,788
2,640
~5 ~'il55||||25,502
1,966
2,640
555528| |||2021|2020| |---|---|---|---| |||f|6| |Salaries||258,684|182,350| |National|Insurance|18,326|15,181| |Pension||5,845|3,865| |||252 ll55|252 355| ## ## ## ## |The average
monthly
nu|mber
of full time staff em|ploy|ed
by the|charity
during
|the year was as fol|lows:| |---|---|---|---|---|---|---| ||||||2021|2020| ||||||Number|Number| |Direct charitable|work||||5.4|6.0| |NET INCOII/IE
/ (EXPENDITURE) FOR THE YEAR||||||| ||||||2021|2020| ||||||F|E| |Net incoming
resources|is shown after charging.|||||| |Depreciation
oftangible|fixed assets||||32,847|25,502| |Independent
examination|||||2,640|2,640| |TANGIBLE FIXEDASSETS||||||| ||||||Furniture,|| ||Leasehold||Plant &|Computer|Fixtures|| ||Property|Machinery||Equipment|SEquipment|Total| |COST|6||6|6|6|6| |As at 1st April 2020|978,695||33,966|18,531|49,251|1,080,443| |Additions||||||| |Disposals||||||| |As at 31st March 2021|978,695||33,966|18,531|49,251|1,080,443| |DEPRECIATION||||||| |As at 1st April 2020|151,407||29,512|15,111|32,064|228,094| |Charge for the year|13,865||4,454|3,420|11,107|32,846| |Disposals||||||| |As at 31st March 2021|165,272||33,966|18,531|43,171|260,940| |NET BOOK VALUES||||||| |As at 31st March 2021|813,423||||6,080|819,502| |As at 31st March 2020|827,288||4,454|3,420|17,187|852,349| |FIXEDASSET INVESTMENT||||||| ||||||2021|2020| ||||||6|8| |Investment
at cost - Eastside Resource Management|||Limited||100|100| ## ## ## |||||||2021f|2020
f| |---|---|---|---|---|---|---|---| |Grant and|contract income debtors|||||6,965|40,292| |Other debtors||||||2,103|2,359| |Eastside|Resource Management
Limited|||||10,390|10,068| |Prepayments||||||5,634|| |||||||25,092|52,719| |CREDITORS:||amounts|falling due within one year||||| |||||||2021|2020| ||||||||E| |Trade Creditors||||||10,687|26,724| |Taxation|and social security|||||4,677|5,112| |Mortgage|loan|||||21,000|21,000| |Other creditors||||||2,359|5,490| |Deferred|contract income (note 18)|||||126,989|86,613| |Accruals||||||9,118|7,640| |||||||174,830|152,579| |The mortgage||loan is secured on the charity's||registered|office.||| |CREDITORS:||amounts|falling due after more than one year||||| |||||||2021|2020| |||||||8|f| |Mortgage||||||462,703|472,140| |||||||462,703|472,140| ## ## ## ## |MOVEMENT
IN FU|ND|S|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||Balance||||Balance| ||||||||as 01.04.20
f|Income
F|Expenditure
f.|Transfers
f|as 31.08.21
f| |Restricted funds:|||||||||||| |Adobe Foundation|||||||17,188||11,107||6,081| |Adobe Foundation:|Eastside||Partner||Schools|||5,531|5,531||| |Adobe Foundation
-|Females||in film|||||15,591|13,391||2,200| |Adobe Foundation
-|Environmental|||Filmmakers||||7,960|7,960||| |Arts Council England:
i||know|I wish|I|will|||11,000|11,000||| |DCMS/Arts
Council|England:||Cultural||Recovery||||||| |Fund||||||||249,750|249,750||| |Arts Council England:||Spoken Word|||Power|||5,000|5,000||| |City Bridge Trust - LCRF||||||||40,000|40,000||| |The BBFC:Eastside|Film Crew|||||||4,000|4,000||| |John Lyon's Charity:|Verse vs Verse|||||||10,000|10,000||| |John Lyon's Charity:Spoken|||Word|Power||||5,000|5,000||| |Royal Botanic Garden's||Kew|- Grow||Wild fund|||500|||| ||||||||17,188|354,331|362,739||8,781| |Designated
funds:|||||||||||| |The Lund Fund|||||||18,000||||18,000| |Building maintenance
fund|||||||12,500||||12,500| |Equipment
maintenance||and|IT infrastructure|||fund|10,000||||10,000| |Staff contingency
fund|||||||12,500||||12,500| ||||||||53,000||||53,000| |General funds|||||||432,212|318,291|318,260||432,243| |Total unrestricted
funds|||||||485,212|318,291|318,260||485,243| |Total funds|||||||502,400|672,622|680,999||494,024| ## ## |Movement
in fun|ds||—previ|ous ye|ar||||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||Balance||||Balance| ||||||||as 01.04.19
f|Income
f|Expenditure
f|Transfers
f|as 31.03.20
F| |Restricted funds:|||||||||||| |Adobe Foundation|||||||24,798||7,610||17,188| |Adobe Foundation:||Eastside||Dialogues|||2,500||2,500||| |Adobe Foundation:||Eastside||Partner|Schools|||9,500|9,500||| |Arts Council England:|||Iknow|I wish|I will|||99,000|99,000||| |The BBFC:Eastside||Film Crew||||||38,500|38,500||| |Disney Worldwide:|Disney Musicale||||in Schools|||40,893|40,893||| |Disney Worldwide:|DMIS 10Year Anniversary|||||||18,670|18,670||| |John Lyon's Charity:||Verse vs Verse||||||37,000|37,000||| |John Lyon's Charity:||I|know|I wish
I|will|||24,000|24,000||| |University
of Essex||||||||1,650|1,650||| ||||||||27,298|289,213|279 323||17188| |Designated
funds:|||||||||||| |The Lund Fund||||||||||18,000|18,000| |Building maintenance|||fund||||12,500||||12,500| |Equipment
maintenance
and IT infrastructure||||||fund|10,000||||10,000| |Staff contingency|fund||||||12,500||||12,500| ||||||||35,000|||18000|53,000| |General funds|||||||403,410|352,864|306,062|(18,000)|432,212| |Total unrestricted|funds||||||438,410|352,864|306,062||485,212| |Total funds|||||||465,708|622,077|585,385||502,400| ## ## ## ## ## |and maintenance
ofequ|ipment|ipment|and ITfor t|and ITfor t|he organisation
and||the building.|the building.|||| |---|---|---|---|---|---|---|---|---|---|---|---| |The staff contingency|fund:||Represents||monies designated||by the trustees||to cover any exceptional
costs||| |or unforeseen
staffing cost that|||has not been considered
in the||||normal course||ofbusiness|for the|charity.| |ANALYSIS OF FUND BALANCES BETWEEN NET ASSETS|||||||||||| ||||||General
F||Designated|f|Restricted
f||Totalf| |Tangible
fixed assets|||||813,422||||6,080||819,502| |Investment|||||100||||||100| |Net current assets|||||81,424||53,000||2,701||137,125| |Long term liabilities|||||(462,703)||||||(462,703)| ||||||432,243||53,000||8,781||494,024| |Analysis offund balances||between||net assets —previous||year|||||| ||||||Generalf||Designated|f|Restricted
f||Totalf| |Tangible
fixed assets|||||835,161||||17,188||852,349| |Investment|||||100||||||100| |Net current assets|||||69,091||53,000||||122,091| |Long term liabilities|||||(472,140)||||||(472,140)| ||||||432,212||53,000||17,188||502,400| |DEFERRED INCOME|||||||||||| ||||||||||Total||Total| ||||||||||2021
f||2020f| |Balance as at 1st April|||||||||86,613||165,063| |Amount
released to income||in|the year||||||(86,613)||(161,063)| |Amount
deferred
in the|year||||||||126,989||82,613| |Balance as at 31st March|||||||||126,989||86,613| ## ## ## ## |19.|RECONCILIATION
OF NET MOVEMENT|RECONCILIATION
OF NET MOVEMENT|RECONCILIATION
OF NET MOVEMENT|IN|FUNDS TO NET CASHFLOW FROM OPERATING|FUNDS TO NET CASHFLOW FROM OPERATING|ACTIVITIES| |---|---|---|---|---|---|---|---| |||||||2021|2020| |||||||E|| ||Net movement
in funds|||||(8,376)|36,692| ||Add back|depreciation||||32,847|25,502| ||Deduct interest income shown||in investment||activities|(220)|(941)| ||Decrease|/ (increase)
in debtors||||27,627|(11,951)| ||Increase|/ (decrease)
in creditors||||22,251|(60,586)| ||Net cash|used in operating|activities|||74,129|~77,293| ## ##