2021-03-31-accounts

Reference and Admuustmtive Details	Reference and Admuustmtive Details
Trustees' Report		2 to 3
Statement ofTrustees'	Responsibiltties
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial	Statements	8to 19

			and Los	ses)
					Total		Total
				Unrestricted	2021		2020
			Note				K
Income and Endowments		from:
Donations and legacies				137,843	137,843		16,141
Charitable activities				77,883	77,883		255,492
Im estment income				6	6		2
Total Income				215,732	215,732		271,635
Expenditure on:
Raising funds				(4,214)	1,4,214)		(5,297)
Charitable activities Other expenditure				(83,783) (133.354)	(83,783) ~133,354)	(203,047) ~(79.262
Total Expenditure Net expenditure				(221,351) (5.619)	(221,351) ~5.619)	~(267.696 ~15.971)
Net movement in funds				(5,619)	(5,619)	.	(15,971)
Reconciliation offunds
Total funds brought	for(card			8,079	8,079		24,050
Total funds carried	forward		21	2,460	2,460		8,079

		Balance Sheet as at31	March 2021
				2021	2020
			Note
Fixed assets
Tangible assets			14	180,598	52,407
Current assets
Stocks			15	1,170	2,890
Debtors			16	34,754	30,473
Cash at bank	and in hand		17	46,258	3,032
				82,182	36,395
Creditors: Amounts		falling due within one year	18	(120,894)	(62,566)
Net current	liabilities			(38,712)	(26,171)
Total assets	less curmnt liabilities			141,886	26,236
Creditors: Amounts		falling due after more than one year	19	(139,426)	(18,157)
Net assets				2,460	8,079
Funils ofthe	charity:
Unrestricted	income	funds
Unrestricted	funds			2,460	8,079
Total funds			21	2,460	8i079

residual value, over their expected useful econo	mic life as follows:	mic life as follows:
Asset class	Depreciation method		and rate
Computer Equipment	3 years straight	line
Plant and machinery	5 years straight	line
Cinema Equipment	10years straight	line
Fixtures and Fittings	10years straight	line
Leasehold improvements	20years straight	lme

					Unrestricted	funds	Total		Total
					Designated	General	2021		2020
					0	f.	g
Donations and		legacies;
	Donations from individuals					52,580	52,580		12,968
	Gift aid reclaimed					1,719	1,719		380
Grants;
	Govennnent	grants				627545	62,545
	Grants from other		charities		2,793	18266	20,999		2,793
					2,793	135,050	137,843		16,141
4	Income from charitable			activities
						Unrestricted
						funds	Total		Total
						General	2021		2020
	Sponsorship								1,200
	Cinema								31,852
	Catering					25,468	25,468		4,014
	Bar Income								50,318
	BoxOffice					1,236	1,236		135,267
	Agency					225		225	818
	BeerFestival								5,925
	Markets					363		363	4,029
	Room Hire					3,700	3,700		19,145
	Small grouped activities					141		141	2,719
	Community	response				6,403	6,403		205
	Emporium					17,759	17,759
	Shop Income					22,588	22,588
						77,883	77,883		255,492
5	Investment	income
						Unrestricted
						funds	Total		Total
						General	2021		2020
									K
Interest receivable			and similar income;
	Other interest receivable

				Unrestricted
				funds	Total	Total
				General	2021	2020
			Note
Finance	charges;
Bank	charges			986	986	1,287
Other	finance	charges		3,228	3,228	4,010
				4,214	l,214	5,297

			Unrestricted	funds	Total	Total
			Designated	General	2021	2020
		Note
Cinema			659		659	20,556
Catering				27,618	27,618	5,207
Bar costs				5,035	5,035	26,872
BoxOffice				910	910	133,938
BeerFestival						3,859
Room Hire						31
Small grouped
activities				1,868	1,868	1,375
Community	response			11,712	11,712	560
Emporium				3,145	3,145
Shop costs				18,629	18,629
Depreciation,
amortisation	and
other similar	costs		6,157	3,048	9,205	7,475
Governance	costs			5,002	5,002	3,174
			6,816	76,967	83,783	203,047

8 Other expenditu	re
			Unrestricted
			funds	Total	Total
			General	2021	2020
		Note			K
Staffcosts
Wages and salaries			83,212	83,212	50,223
Social security			1,528	1,528	384
Pension costs			3,742	3,742	2,694
Other staff costs			1,912	1,912	397
Legal fees			88
Other resources expended			63	63
Allocated support costs			42,809	42,809	25,564
			133,354	133,354	79,262
9 Analysis ofgovernance		and support costs
Support costs allocated to		other expenditure
			Other support	Total	Total
			costs	2021	2020
		Basis ofallocation			K
General Expenses			172	172	179
Cleaning			2,051	2,051	997
Computer software	and maintenance		1,349	1,349	1,039
Advertising			5,651	5,651	5,257
Licence Fees			200	200	200
Tickets External events					120
Rates					1,195
Water rates			7,645	7,645	270
Light, heat and power			7,023	7,023	6,247
Insurance			1,212	1,212	1,080
Repairs and maintenance			14,031	14,031	5,535
Telephone and internet			1,947	1,947	1,373
TU Licence			157	157	153
Printing, postage and stationery			785	785	1,253
Trade subscriptions			534	534	482
Travel and subsistence			52	52	186
			42,809	42,809	25,566

					Unrestricted
					funds	Total	Total
					General	2021	2020
						0
Independent	examiner		fees
Examination		ofthe	financial	statements	1,980	1,980	1,800
Other fees	paid to examiners				3,022	3,022	1,374
					5,002	5,002	3,174

The aggregate payr	oll costs were as follows:
		2021	2020
Staff costs during	the year were;
Wages and salaries		83,212	50,223
Social security costs		1,528	384
Pension costs		3,742	2,694
Other staff costs		1,912	397
		90,394	53,698

the year expressed as full time equivalents was	as follows:
	2021		2020
	No		No
Administration		1		3

14 Tangible fixed as	sets
		Fixtures,
	Leasehold	fittings and	Computer	Cinema
	improvements	machinery	equipment	equipment	Total
Cost
At 1 April 2020		38,616	3,976	61,576	104,168
Additions	117,787	16,605	3,005		137,397
At 31March 2021	117,787	55,221	6,981	61,576	241,565
Depreciation
At 1 April 2020		34,000	3,007	14,754	51,761
Charge for the year	1,245	1,283	520	6,158	9,206
At 31March 2021	1,245	35,283	3.527	20,912	60 967
Net book value
At 31 March 2021	116,542	19,938	3.454	40,664	180598
At 31March 2020		4,616	969	46,822	52,407

15 Stock
	2021	2020
Bar stocks	550	2,640
Ice cream stock			250
Shop stocl.	620
	1,170	2,890
16 Debtors
	2021	2020
Trade debtors	00
Prepayments	34,154	30	075
	34,754	30,473

17 Cash and cash equiv	alents
		2021	2020
Cash on hand		740	740
Cash at bank		44,948	1,499
Cash floats		570	793
		46,258	3,032
IS Creditors: amounts	falling due within one year
		2021	2020
Bank loans		4,583	6,000
Trade creditors		33,000	26,049
Other taxation and social	security	1,937	865
Other creditors		3,132	3,747
Accruals		6,607	3,373
Deferred grant		71,635	22,532
		120,894	62,566

19 Creditors: amounts	falling due after one year
		2021	2020
Bank loans		45,417
Deferred grant		94,009	18,157
		139,426	18,157

21 Funds
		Balance at 1	Incoming	Resources	Balance	at31
		April 2020	resources	expended	March	2021
				f.	K
Unrestricted	funds
General		(17,264)	212,939	(214,535)	(18,860)
Designated		25,343	2,793	(6,816)	21,320
Total ibnds		8079	215732	~221,351)		2,460
		Balance at I	Incoming	Resources	Balance	at 31
		April 2019	resources	expended	March	2020
Unrestricted	funds
General Designated		6,638 17412	236,990 34 645	(2603893) ~26,713	(17,265) 25 344
Total funds		24,050	271,635	(287,606)		8,079

					Total funds at
			Unrestricted	funds	31March
			General	Designated	2021
				K
Tangible	fixed	assets	139,934	40,664	180,598
Current	assets		83,371	(1,189)	82,182
Current Creditors	liabilities over 1 year		(118,101) ~(124,063	(2,793) (15,3631	(120,894) (139,426)
Total net assets			(18,859)	21,319	2,460
					Total funds at
			Unrestricted	funds	31March
			General	Designated	2020
Tangible	fixed	assets	5,585	46,822	52,407
Current	assets		36,922	(527)	36,395
Current liabilities Creditors over 1year Total net assets			(59,772) ~(27.26	(2,794) (18,157) 25,344	(62,566) ~)8.)57) 8,079

Detailed S	tateme	nt o	fFinancial Activities	for the Year Ended 31March	2021
				Total	Total
				2021	2020
Income and Endowments		from:
Donations and legacies (analysed			below)	137,843	16,141
Charitable actitdties	(analysed below)			77,883	255,492
Investment income	(analysed below)			6	2
Total income				215,732	271,635
Expenditure on:
Raising funds (analysed below)				(4,214)	(5,297)
Charitable actrvities	(analysed below)			(83,783)	(203,047)
Other expenditure (analysed		below)		(133,354)	(79,262)
Total expenditure				~221,351)	(287606)
Net expenditure				(5,619)	(15,971)
Net movement in funds				(5,619)	(15,971)
Reconciliation offunds
Total funds brought	forward			8,079	24,050
Total funds carried	fonvard			2,460	8,079

Detailed	State	ment ofFinancial Activiti	es for the Year Ended 31March	2021
			Total	Total
			2021	2020
Donations and legrici es
Donations -General			46,080	6,968
Friends Donations			6,500	6,000
Gift Aid Donations			1,719	380
Grants			18,206
Grants			2,793	2,793
COVID Business	support	grant	23,067
COVID Furlough	grants		39,478
			137,843	16,141
Charitabl activities
Agency Income			225	818
Bar Sales				50,318
Box Office Cmema				31,852
BoxOffice Income			1,236	135,267
Catering Income			25,468	452
Ice Cream Sales				3,562
Income Beer Festival				5,925
Markets			363	4,029
Room Hire			3,700	19,145
Community Response Income			6,403	205
Emporium income			17,759
Sponsorship				1,200
Shop sales			22,588
Other income			141	2,719
			77,883	255,492
Investment income
Interest Inc'erne
Raising funds
Bank charges			986	1,287
Bank interest payable			1,170	1,755
Credit card charges			2,058	2,255
			4,214	5,297
Charitable acrii'i ries
Artist Accomodation				2,649
Artist Fees				111,071
Other fundraising	costs			4,961

Detailed	State	m	en	t ofF	inancial Activities fo	r the Year Ended 31March	ZOZ1
						Total	Total
						2021	2020
Costs Beer Festival							3,859
Costs relating to room hire							31
Catering Costs						27,368	2,752
Bar Costs						5,035	26,872
Shop costs						18,629
Costs - Cmema						659	20,556
Community Response costs						11,712	560
Emporium Costs						3,145
Event Expenses							38
Event Technicians							9,381
Ice cream costs						250	2,455
PRS Fees						910	5,838
Railyway Circle costs						1,868	1,375
Depreciation oflong leasehold property						1,245
Depreciation ofCinema		Equipment				6,157	6,157
Depreciation ofplant and			machinery			266
Depreciation offixtures		and		fittings		1,017	609
Depreciation ofComputer			Equipment			520	709
Accountancy fees						1,276	1,374
Accountancy fees	- furlough			claims		1,746
Independent examiner's		fee				1,980	1,800
						83,783	203,047
Other expa'ndirure
Computer software	and	maintenance			costs	1,349	1,039
General Expenses						172	179
Cleaning						2,051	997
Advertising						5,651	5,257
Staff entertaining	(allowable			for taxi		739	202
Legal and professional		fees				88
Wages and salaries						83,212	50,223
StaffNIC (Employersl						1,528	384
Pensions Costs						3,742	2,694
Suboontract cost						1,163
Licence Fees						200	200
Staff training						10	195
Tickets External Events							120
Rates							1,195
Water rates						7,644	270
Light, heat and power						7,024	6,247

		Total	Total
		2021	2020
Insurance		1,211	1,080
Repairs and maintenance		14,031	5,535
Telephone	and Internet	1,948	1,373
TVLicence		156	153
Printing,	postage and stationery	785	1,252
Trade subscriptions		534	482
Charitable	donations	63
Travel and subsistence		53	185
		133,354	79,262