Company No. 04012978 (England & Wales) Charity No. 1082783
BRIXTON COMMUNITY BASED LTD
(a company limited by guarantee)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
ALISON WARD ACCOUNTANTS CHARTERED CERTIFIED ACCOUNTANTS
28 HILLS ROAD BUCKHURST HILL ESSEX IG9 5RS
BRIXTON COMMUNITY BASED LTD FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
CONTENTS
| Page | 1 | Trustees' Report |
|---|---|---|
| 7 | Independent Examiner's Report | |
| 8 | Statement of Financial Activities | |
| 9 | Balance Sheet | |
| 10 | Notes to the Financial Statements |
BRIXTON COMMUNITY BASED LTD TRUSTEES' REPORT - STATUTORY INFORMATION FOR THE YEAR ENDED 31 MARCH 2022
DIRECTORS AND TRUSTEES
David Baker Caroline Funnell (Chair) Louise Hay (Company Secretary) Rich Hodgson (Treasurer)
REGISTERED OFFICE
Impact Brixton 17a Electric Lane London SW9 8LA
COMPANY NUMBER
04012978
CHARITY NUMBER
1082783
BANKERS
HSBC 521 Brixton Road London SW9 8HE
INDEPENDENT EXAMINER
Alison Ward Accountants Chartered Certified Accountants 28 Hills Road Buckhurst Hill Essex IG9 5RS
page 1
BRIXTON COMMUNITY BASED LTD TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2022
The trustees (who are also the directors) present their report and the independently examined financial statements of the company for the year ended 31 March 2022. The statutory information is shown on page 1.
STATUS
The company, number 04012978, is limited by guarantee and has a Memorandum and Articles of Association as its governing document. It is a registered charity, number 1082783. The charitable company, Brixton Community Based Ltd, changed its name from Brixton St Vincent's Community Centre on 11 March 2022.
VISION
The Charity aims to enhance the quality of life of local people by providing arts, social and educational opportunities.
MISSION STATEMENT
Our vision is of delivering a vibrant, lively programme for the community.
Core activities
o Developing widely accessible community arts projects and events generated for and by local groups, schools, and individuals;
- Encouraging personal development, well-being and community cohesion.
page 2
BRIXTON COMMUNITY BASED LTD TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
PROJECTS
Brixton Youth Theatre (BYT)
Brixton Youth Theatre (BYT) is led by Co-Artistic Directors Max Gold and David Baker.
BYT have developed three strands of work: BYT 7-11, BYT 13+ and Holiday Activity and Food projects.
BYT'S AIMS:
-
To provide disadvantaged children and young people access to high quality
-
performing arts activities delivered by industry professionals, right in the heart of the local community;
-
To give the participants the chance to have a break from their everyday lives, to build
-
positive relationships and to HAVE FUN;
-
To develop their skills, stimulate their imagination, and provide a forum for exploring
-
their own creativity;
-
To provide the opportunity for them to share and explore feelings, experiences and
-
ideas within a safe, secure and nurturing environment;
-
To empower young people to define their own lives by expanding their horizons,
-
alerting them to their own potential and increasing the number of choices that are available to them.
BYT 13+ - Older Group
From April 2021 BYT 13+ returned to in-person workshops having been online for much of the preceding year. This was made possible by the easing of COVID-19 restrictions. We ran 13 drama and performing arts workshops per term over three terms, 39 workshops in total, which took place every Friday between 6pm - 8pm. The workshops consisted of drama activities including improvisation, film making, script writing, spoken word, scene work, monologue classes and masterclasses with visiting professionals. Our programme of live professional theatre also returned with trips to the Old Vic Theatre and English National Opera.
Throughout the year BYT members were given many opportunities for castings and auditions with professional theatre and film companies and we had workshops on creating self-tapes and audition techniques as well as choosing and performing monologues. We also had visits from Casting Directors and theatre workshop practitioners from places such as the Donmar Warehouse, who ran workshops with the purpose of casting BYT members in their professional theatre and film productions. We were also active in signposting BYT members to career and educational development opportunities with other organisations and HE and FE colleges such as Drama Schools and Universities.
Over the year, the young people made several short films which included a mockumentary about a failing school, as well as various other short films. At the start of the second term, we ran in-depth workshops exploring the play 'The Chrysalids,' which was chosen because of its relevance to some of the issues the young people had been dealing with during the pandemic.
page 3
BRIXTON COMMUNITY BASED LTD TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
We also held a highly successful Christmas Showcase with members of the group performing for each other. In the spring, we worked towards a sharing of scenes and monologues, written by both contemporary writers and the young people themselves.
FUNDER Children in Need
BYT 7-11 - Younger Group
In May 2021 BYT launched a brand new strand of work for 7-11 years old supported by Sir Walter St John's Educational Charity.
The new programme is for local disadvantaged 7-11 years old children, with the aim of developing soft skills, such as confidence, communication, interpersonal and creative skills, through the engagement in drama and performing arts. Another aim is to use drama and performing arts as a fun and exciting tool to develop literacy skills, through writing scripts and working on different texts, some of which are on the school curriculum.
Over two 13-week and one 8-week terms, children took part in activities that included acting games and exercises, improvisation, devising, working on scripts, and performing. Some of the children were also give several casting opportunities, with some appearing on CBBCs.
The program is part of a long-term strategy to create a ladder of opportunity for participants, enabling them to progress from the younger group (7-11) to the older group (13-19), all the time engaging them in positive activities that are fun, and provide a distraction from some of the more negative behaviour that is widely seen in the area.
FUNDER
Sir Walter St John's Educational Charity
HAF (Holiday Activities and Food)
This is a programme of drama workshops which ran for four hours a day during the school holidays.
We have run these both for 7-11-year-olds and 13+ young people over every school holiday this year. The activities are varied and in addition to drama include Tai Chi, music, devising and nutrition. A key component of the project is a well-balanced hot lunch. After some less than successful provision by the supplier recommended by Lambeth we took this in house and have provided much improved meals prepared by volunteers with the necessary food and hygiene certification. There is an overlap between the attendees from BYT and the younger group, as so many of these young people met the FSM eligibility criteria. This is a government funded programme, but we are very grateful for the additional funding we have received through Lambeth Youth and Play, as the statutory funding does not cover the project costs in full. We are also grateful for the support of St Vincent's Centre, Brixton for subsidised space rental and for the Christmas party they held for participants in December 2021.
FUNDERS Government Funding Lambeth Youth and Play
page 4
BRIXTON COMMUNITY BASED LTD TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
PLANS FOR 2022/23
The charity has changed its name and is now known as Brixton Community Based Ltd and is in the process of making the necessary legal and financial changes to accompany this.
We are delighted with the increased output from the BYT as detailed in the project report. The grant for the BYT 7-11 younger group comes to an end in April 2022 and it's our priority to carry on after that date as it's been so popular and well-attended throughout this year as. We are actively looking for additional funding.
We are also keen to look at working with the refugee community within Lambeth and developing projects that will improve integration and social cohesion in our area.
In the aftermath of COVID-19 our aim is to respond to local needs to the best of our ability.
TRUSTEES
Board membership during the year was as follows:
David Baker Caroline Funnell (Chair) Louise Hay (Company Secretary) Rich Hodgson (Treasurer)
TRUSTEES' RESPONSIBILITIES
Company and charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the surplus or deficit of the charitable company for that period. In preparing those financial statements, the trustees are required to:-
1) select suitable accounting policies and then apply them consistently;
2) make judgements and estimates that are reasonable and prudent;
3) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006 and the Charities Act 2011. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
page 5
BRIXTON COMMUNITY BASED LTD TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
SMALL COMPANY EXEMPTIONS
This report has been prepared and delivered in accordance with the provisions in Part 15 of Companies Act 2006 applicable to companies subject to the small companies' regime.
This report was approved by the board on March 2023 and signed on their behalf.20
Caroline Funnell (Chair)
page 6
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRIXTON COMMUNITY BASED LTD FOR THE YEAR ENDED 31 MARCH 2022
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Alison Ward FCCA
20 March 2023
Alison Ward Accountants 28 Hills Road Buckhurst Hill Essex IG9 5RS
page 7
BRIXTON COMMUNITY BASED LTD STATEMENT OF FINANCIAL ACTIVITIES (including the Income and Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2022
| **Unrestricted ** | **Unrestricted ** | Restricted | Restricted | Total | Unrestricted | Unrestricted | Restricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Note | Funds | Funds | Funds | Funds | Funds | Funds | ||||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | |||||||
| £ | £ | £ | £ | £ | £ | |||||||
| Income | ||||||||||||
| Donations and legacies | 2 | 613 | 34,730 | 35,343 | 10,000 | 10,000 | 20,000 | |||||
| Activities for generating | ||||||||||||
| funds | 120 | - | 120 | - | - | - | ||||||
| Investment income | 36 | - | 36 | 39 | - | 39 | ||||||
| Income from charitable | ||||||||||||
| activities | 3 | 2,492 | - | 2,492 | 259 | - | 259 | |||||
| Total Income | 3,261 | 34,730 | 37,991 | 10,298 | 10,000 | 20,298 | ||||||
| Expenditure on | ||||||||||||
| Charitable activities | 4 | 2,083 | 27,051 | 29,134 | 6,796 | 8,458 | 15,254 | |||||
| Total Expenditure | 2,083 | 27,051 | 29,134 | 6,796 | 8,458 | 15,254 | ||||||
| Net Income(Expenditure) | 1,178 | 7,679 | 8,857 | 3,502 | 1,542 | 5,044 | ||||||
| Transfer between funds | 6 | (765) | 765 | - | - | - | - | |||||
| Net Movement in Funds | 413 | 8,444 | 8,857 | 3,502 | 1,542 | 5,044 | ||||||
| Reconciliation of Funds | ||||||||||||
| Total funds brought | ||||||||||||
| forward at 1 April 2021 | 31,281 | 4,584 | 35,865 | 27,779 | 3,042 | 30,821 | ||||||
| Total funds carried | ||||||||||||
| forward at 31 March | ||||||||||||
| 2022 | £ | 31,694 | £ | 13,028 | £ | 44,722 | £ | 31,281 | £ | 4,584 | £ | 35,865 |
The company made no recognised gains and losses other than those reported in the income and expenditure account.
The notes on pages 10 to 16 form part of these financial statements
page 8
BRIXTON COMMUNITY BASED LTD
Company registered number: 04012978
BALANCE SHEET AT 31 MARCH 2022
| Note FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank and in hand CREDITORS: Amounts falling due within one year 9 NET CURRENT ASSETS NET ASSETS RESERVES Unrestricted funds 10 Restricted funds 10 |
2022 2021 £ £ £ - - 4,675 874 47,732 50,702 52,407 51,576 (7,685) (15,711) 44,722 35,865 44,722 £ 35,865 £ 31,694 31,281 13,028 4,584 44,722 £ 35,865 £ |
|---|---|
In approving these financial statements as directors of the company we hereby confirm that:
For the year ending 31 March 2022 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors on March 202320
Caroline Funnell (Chair)
The notes on pages 10 to 16 form part of these financial statements
page 9
BRIXTON COMMUNITY BASED LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
1a. Basis of preparation
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) as amended by Update Bulletin 1 issued in February 2016, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Brixton Community Based Ltd meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
1b. Preparation of the accounts on a going concern basis
Brixton Community Based Ltd has reported a surplus of £8,857 for the year.
The trustees are of the view that the immediate future of the charitable company for the next 12 months is secure and that on this basis the charity is a going concern.
1c. Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
page 10
BRIXTON COMMUNITY BASED LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES (CONTINUED)
1d. Donated services and facilities
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
1e. Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally on notification of the interest paid or payable by the bank.
1f. Funds
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations or grants which the donor has specified are to be used solely for particular purposes/areas of the charity's work or for specific projects undertaken by the charity.
1g. Tangible fixed assets
Items costing in excess of £500 are capitalised. Tangible fixed assets are shown at historical cost.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life by the reducing balance method.
% Fixtures and equipment 33
page 11
BRIXTON COMMUNITY BASED LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES (CONTINUED)
1h. Debtors
Trade and other debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any discounts due.
1i. Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
1j. Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due.
1k. Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
1l. Taxation
The charitable company is exempt from taxation under sections 466 to 493 of the Corporation Tax Act 2010.
page 12
BRIXTON COMMUNITY BASED LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
2. DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||||||
| Funds | Funds | 2022 | Funds | Funds | 2021 | |||||||
| £ | £ | £ | £ | £ | £ | |||||||
| Donations | 613 | - | 613 | - | - | - | ||||||
| National Lottery Community | ||||||||||||
| Fund | - | 10,000 | 10,000 | - | - | - | ||||||
| Lambeth Local Economy | ||||||||||||
| Hardship Fund | - | - | - | 10,000 | - | 10,000 | ||||||
| LB Lambeth | - | 6,005 | 6,005 | - | - | - | ||||||
| BBC Children in Need | - | 10,000 | 10,000 | - | 10,000 | 10,000 | ||||||
| Sir Walter St. John's Educational | ||||||||||||
| Charity | - | 7,725 | 7,725 | - | - | - | ||||||
| Serpentine Galleries | - | 1,000 | 1,000 | - | - | - | ||||||
| £ | 613 | £ | 34,730 | £ | 35,343 | £ | 10,000 | £ | 10,000 | £ | 20,000 |
In 2022 and 2021 gifts in kind were received in the form of pro bono work from Elizabeth Goss of Olswang Solicitors in respect of the lease.
3. INCOME FROM CHARITABLE ACTIVITIES
| Unrestricted | Unrestricted | Restricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | |||||
| £ | £ | £ | £ | |||||
| Workshop income | 830 | - | 830 | - | ||||
| Other income | 1,662 | - | 1,662 | 259 | ||||
| £ | 2,492 | £ | - | £ | 2,492 | £ | 259 |
page 13
BRIXTON COMMUNITY BASED LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
4. CHARITABLE ACTIVITIES
| CHARITABLE ACTIVITIES | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||||||
| Funds | Funds | 2022 | Funds | Funds | 2021 | |||||||
| £ | £ | £ | £ | £ | £ | |||||||
| Projects | 69 | 27,051 | 27,120 | - | 8,458 | 8,458 | ||||||
| Management fees | - | - | - | 2,337 | - | 2,337 | ||||||
| Insurance | - | - | - | 485 | - | 485 | ||||||
| Telephone | 281 | - | 281 | 757 | - | 757 | ||||||
| IT costs | 372 | - | 372 | 198 | - | 198 | ||||||
| Dilapidation costs | - | - | - | 1,247 | - | 1,247 | ||||||
| Accountancy fees | - | - | - | 750 | - | 750 | ||||||
| Cleaning and caretaking | - | - | - | 676 | - | 676 | ||||||
| Office costs | 98 | - | 98 | 314 | - | 314 | ||||||
| Bank charges | 63 | - | 63 | 32 | - | 32 | ||||||
| Governance costs | 1,200 | - | 1,200 | - | - | - | ||||||
| £ | 2,083 | £ | 27,051 | £ | 29,134 | £ | 6,796 | £ | 8,458 | £ | 15,254 |
| 5. | GOVERNANCE COSTS | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| Funds | Funds | 2022 | 2021 | ||||||
| £ | £ | £ | £ | ||||||
| Independent examiner's fee | 1,200 | - | 1,200 | - | |||||
| £ | 1,200 | £ | - | £ | 1,200 | £ | - |
6. TRANSFER BETWEEN FUNDS
In 2022 the transfer represents the contribution from unrestricted funds towards the costs of projects where these exceeded the restricted income received to run the project.
page 14
BRIXTON COMMUNITY BASED LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
7. TANGIBLE FIXED ASSETS
| 7. | TANGIBLE FIXED ASSETS | |||||||
|---|---|---|---|---|---|---|---|---|
| Long | Fixtures & | |||||||
| Leasehold | Equipment | Total | ||||||
| £ | £ | £ | ||||||
| Cost | ||||||||
| At 1 April 2021 | 82,026 | 7,176 | 89,202 | |||||
| Disposals | (82,026) | - | (82,026) | |||||
| At 31 March 2022 | - | 7,176 | 7,176 | |||||
| Depreciation | ||||||||
| At 1 April 2021 | 82,026 | 7,176 | 89,202 | |||||
| Disposals | (82,026) | - | (82,026) | |||||
| At 31 March 2022 | - | 7,176 | 7,176 | |||||
| Net Book Amounts | ||||||||
| At 31 March 2022 and 31 March 2021 | £ | - | £ | - | £ | - | ||
| 8. | DEBTORS | 2022 | 2021 | |||||
| £ | £ | |||||||
| Other debtors | 4,218 | 580 | ||||||
| Prepayments | 457 | 294 | ||||||
| £ | 4,675 | £ | 874 | |||||
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||||
| 2022 | 2021 | |||||||
| £ | £ | |||||||
| Trade creditors | 586 | 25 | ||||||
| Accruals and deferred income | 7,099 | 15,686 | ||||||
| £ | 7,685 | £ | 15,711 |
page 15
BRIXTON COMMUNITY BASED LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
10. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| **Unrestricted ** | **Unrestricted ** | Restricted | Restricted | Total | ||
|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | ||||
| £ | £ | £ | ||||
| Fund balances at 31 March 2022 are | ||||||
| represented by | ||||||
| Current assets | 34,812 | 17,595 | 52,407 | |||
| Current liabilities | (3,118) | (4,567) | (7,685) | |||
| Total Net Assets | £ | 31,694 | £ | 13,028 | £ | 44,722 |
| Fund balances at 31 March 2021 are | ||||||
| represented by | ||||||
| Current assets | 46,992 | 4,584 | 51,576 | |||
| Current liabilities | (15,711) | - | (15,711) | |||
| Total Net Assets | £ | 31,281 | £ | 4,584 | £ | 35,865 |
11. RELATED PARTIES INCLUDING TRUSTEES' EXPENSES
Charity Commission has granted permission for a trustee to be paid for services (other than those associated with trusteeship). During the year the following payments were made:
£Nil to C Funnell for services provided to the charity (2021 - £150).
£Nil to R Hodgson for accountancy services (2021 - £750)
D Baker is an artistic director of BYT and he received £9,024 from Brixton Community Based Ltd with regards to work with this organisation during the year (2021 - £4,157).
£2,103 was owed to D Baker at 31 March 2022 (2021 - £Nil). There were no balances due to or from other trustees at 31 March 2022 (2021 - £Nil).
No other trustees received payment for services provided to the charity nor claimed for out of pockect expenses during the year (2021 - £Nil).
page 16