|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|9|
|Report ofthe Independent
Auditors|10|to|12|
|Consolidated
Statement ofFinancial Activities||13||
|Consolidated
Balance Sheet||14||
|Company Balance Sheet||||
|Cash Flow Statement||16||
|Notes tothe Cash Flow Statement||17||
|Notes to the Financial Statements|18|to|33|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
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##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||||
|INCOME AND ENDOWMENTS FROM||||||
|Donations
and legacies|2|370,122|1,128|371,250|447,810|
|Charitable
activities||||||
|Theatre and projects
Other trading activities|6
3|1,056,550
508,064|190,890
1,700|1,247,440
509,764|770,477
587,776|
|Investment
income|4|10||10|948|
|Other income|5|94,558||94,558|321,794|
|Total||2,029,304|193,718|2,223,022|2,128,805|
|EXPENDITURE ON||||||
|Fundraising
costs
Other trading activities|7|50,936
62,940||50,936
62,940|50,584
169,369|
|Charitable
activities|8|||||
|Theatre and projects||1,274,723|183,654|1,458,377|1,915,015|
|Total||1,388,599|183,654|1,572,253|2,134,968|
|NET INCOME / (EXPENDITURE)||640,705|10,064|650,769|(6,163)|
|Net gains on investments||334||334||
|Taxation (paid)/receivable||(100)||(100)|22,668|
|NET INCOME||640,939|10,064|651,003|16,505|
|RECONCILIATION
OFFUNDS||||||
|Total funds brought
forward||177,144|180,117|357,261|340,756|
|TOTAL FUNDS CARRIED FORWARD||818,083|190,181|1,008,264|357,261|
##
|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|16|69,091||69,091|114,953|
|Investments|17|8,028||8,028||
|||77,119||77,119|114,953|
|CURRENT ASSETS||||||
|Debtors|18|188,039||188,039|213,260|
|Cash at bank and in hand||1,078,390|190,181|1,268,571|502,416|
|||1,266,429|190,181|1,456,608|715,676|
|CREDITORS||||||
|Amounts
falling due within one year|19|(525,465)||(525,465)|(441,848)|
|NET CURRENT ASSETS||740,964|190,181|931,145|273,828|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||818,083|190,181|1,008,264|388,781|
|CREDITORS||||||
|Amounts
falling due after more than one year|20||||(31,520)|
|NET ASSETS||818,083|190,181|1,008,264|357,261|
|FUNDS|23|||||
|Unrestricted
funds||||818,083|177,144|
|Restricted funds||||190,181|180,117|
|TOTAL FUNDS||||1,008,264|357,261|
##
|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|16|49,342||49,342|80,270|
|Investments|17|8,030||8,030|2|
|||57,372||57,372|80,272|
|CURRENT ASSETS||||||
|Debtors|18|225,769||225,769|198,831|
|Cash at bank and in hand||910,267|190,182|1,100,449|471,080|
|||1,136,036|190,182|1,326,218|669,911|
|CREDITORS||||||
|Amounts
falling due within one year|19|(376,161)||(376,161)|(361,975)|
|NET CURRENT ASSETS||759,875|190,182|950,057|307,936|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||817,247|190,182|1,007,429|388,208|
|CREDITORS||||||
|Amounts
falling due atter more than one year|20||||(31,520)|
|NET ASSETS||817,247|190,182|1,007,429|356,688|
|FUNDS|23|||||
|Unrestricted
funds||||817,247|176,571|
|Restricted funds||||190,182|180,117|
|TOTAL FUNDS||||1,007,429|356,688|
##
##
|||||2021|2020|
|---|---|---|---|---|---|
||||Notes|||
|Cash flows &om operating|activities|||||
|Cash generated
from operations||||841,674|46,363|
|Net cash provided by operating
activities||||841,674|46,363|
|Cash flows fiom investing|activities|||||
|Purchase oftangible tixed assets
Sale offixed asset investments||||(4,003)
1,553|(21,082)|
|Interest received||||10|948|
|Net cash used in investing|activities|||~2,440)|(20,134)|
|Cash fiows &om financing|activities|||||
|Loan repayments
in year
Capital repayments
in year||||(64,441)
(8,638)|(29,721)
(8,988)|
|Net cash used in financing|activities|||(73,079)|(38,709)|
|Change in cash and cash equivalents||in the||||
|reporting
period
Cash and cash equivalents
ofthe reporting period|at the beginning|||766,155
502,416|(12,480)
514,896|
|Cash and cash equivalents|at the end|ofthe||||
|reporting period||||1,268,571|502,416|
##
##
|||Notes to the Consolidated
Cash Flow Statement
for the year ended 31August 2021|Notes to the Consolidated
Cash Flow Statement
for the year ended 31August 2021|Notes to the Consolidated
Cash Flow Statement
for the year ended 31August 2021|Notes to the Consolidated
Cash Flow Statement
for the year ended 31August 2021|Notes to the Consolidated
Cash Flow Statement
for the year ended 31August 2021|Notes to the Consolidated
Cash Flow Statement
for the year ended 31August 2021|Notes to the Consolidated
Cash Flow Statement
for the year ended 31August 2021||
|---|---|---|---|---|---|---|---|---|---|
|RECONCILIATION||OFNET INCOME TONET CASH FLOW FROM OPERATING ACTIVITIES||||||||
||||||||2021||2020|
|Net income for the reporting||||period (as per the Statement ofFinancial||||||
|Activities)|||||||651,003||16,505|
|Adjustments
for:||||||||||
|Depreciation
charges|||||||49,865||72,433|
|Donated assets|||||||(9,247)|||
|(Gains)/Losses
on investments
Interest received
(increase)/decrease
in stocks
Decrease/(increase)
in debtors
Increase in creditors|||||||(334)
(10)
25,221
125,176|(948)
3,129
(138,045)
93,289||
|Net cash provided by||operations|||||841,674||46,363|
|ANALYSIS OF CHANGES IN NET FUNDS||||||||||
||||||At|1.9.20|Cash flow|At|31.8.21|
||||||||6|||
|Net cash||||||||||
|Cash at bank and in|hand||||502,416||766,155|1,268,571||
||||||502,416||766,155|1,268,571||
|Debt||||||||||
|Finance leases||||||(8,638)|8,638|||
|Debts falling due within|||1 year||(32,921)||32,921|||
|Debts falling due after||1|year||(31,520)||31,520|||
||||||(73,079)||73,079|||
|Total|||||429,337||839,234|1,268,571||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Group||||||2021|2020|
|---|---|---|---|---|---|---|---|
||Donations|||||43,065|38,512|
||Gift aid|||||895|1,988|
||Grants|||||327,290|407,310|
|||||||371,250|447,810|
||Grants received,||included||in the above, are as follows:|||
|||||||2021|2020|
||Arts Council England|||-NPO funding||307,290|307,310|
||ACE Emergency||Response Funding|||20,000|100,000|
|||||||327,290|407,310|
|3.|OTHER|TRADING||ACTIVITIES||||
|Group||||||2021|2020|
||Rental income|||||490,430|466,515|
||Catering|income||||19,334|121,261|
|||||||509,764|587,776|
|4.|INVESTMENT||INCOME|||||
|Group||||||2021|2020|
||Deposit account||interest|||10|948|
||||THE ARTS DEPOT TRUSTLIMITED|THE ARTS DEPOT TRUSTLIMITED|THE ARTS DEPOT TRUSTLIMITED|||
|---|---|---|---|---|---|---|---|
||||Notes to the Financial Statements - continued|||||
|5.|OTHER INCOME|||for the year ended 31August 2021||||
|Group||||||2021|2020|
||Government
Covid support|||||94,558|321,794|
|6.|INCOME FROM CHARITABLE ACTIVITIES|||||||
|Group||||||2021|2020|
|||||Activity||||
||Programming|||Theatre and projects||59,502|414,895|
||Hires|||Theatre and projects||88,458|121,234|
||Grants|||Theatre and projects||1,099,480|234,348|
|||||||1,247,440|770,477|
||Grants received, included|in|the|above, are as follows:||||
|||||||2021|2020|
||City Bridge Trust|||||30,300||
||Francis Winham
Foundation||||||2,000|
||Future Arts Centres|||||7,000|8,000|
||National
Theatre Connections||Festival|||5,450|5,375|
||Ove Arup Foundation|||||5,000||
||People's Postcode Trust
Red Hill Trust
Sobell Foundation|||||2,300
5,000|5,000
3,000
5,000|
||The John Shaw Foundation||||||1,000|
||The Leathersellers
Company||Charitable||Fund||10,000|
||The W G Edwards
Charitable||Foundation||||500|
||Other donations||||||1,723|
||John Lyons Charity|||||33,300|50,000|
||The Ironmongers
Company|||||5,200||
||Young Barnet Foundation|||||2,090|450|
||Creative Industries
Insight|Programme|||||70,000|
||A New direction|||||20,000|25,000|
||Souter Charitable
Trust|||||3,000||
||Young Londoners
Fund||||||24,000|
||Foyle Foundation||||||10,000|
||Jesus Hospital Charity||||||3,600|
||John Homiman's
Childrens
Trust
Schools project contributions
from schools involved||||||3,500
1,200|
||The Edward Gosling Foundation||||||5,000|
||Arts Council England
-CRF||funding|||952,440||
||GLA Young Londoners|||||23,250||
||The Hadley Trust
Insight School ofArt|||||5,000
150||
|||||||1,099,480|234,348|
##
|||for|the year|ended 31August 20|21|||
|---|---|---|---|---|---|---|---|
|7.|RAISING FUNDS|||||||
|Group||||||||
||RAISING DONATIONS AND LEGACIES|||||||
|||||||2021|2020|
||Other fundraising
costs|||||50,936|50,584|
||OTHER TRADING ACTIVITIES|||||||
|||||||2021|2020|
||Catering costs|||||62,940|169,369|
||Aggregate
amounts|||||113,876|219,953|
|8.|CHARITABLE ACTIVITIES COSTS|||||||
|Group||||||Support||
||||||Direct|costs (see||
||||||Costs|note 8)|Totals|
||Theatre and projects||||527,853|930,524|1,458,377|
|9.|SUPPORT COSTS|||||||
|Group||||||Governance||
|||||Management|Finance|costs|Totals|
||Theatre and projects|||840,429|80,745|9,350|930,524|
|10.|NET INCOME/(EXPENDITURE)|||||||
|Group||||||||
||Net income/(expenditure)|is stated atter charging/(crediting);||||||
|||||||2021|2020|
||Auditors'
remuneration|||||4,650|5,000|
||Auditors'
remuneration|for non audit work||||4,700|4,000|
||Depreciation - owned assets|||||41,227|63,444|
||Depreciation - assets on|hire purchase|contracts|and finance leases||8,637|8,989|
##
##
##
##
||||2021|2020|
|---|---|---|---|---|
|Wages and salaries
Social security costs|||703,726
54,165|911,148
64,044|
|Pension costs|||12,630|18,129|
||||770,521|993,321|
|The average monthly|number ofemployees|during the year was as follows:|||
||||2021|2020|
|Trading and raising|funds||7|30|
|Theatre and arts centre|||73|97|
|Arts and education projects|||3|3|
||||83|130|
##
##
||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
|INCOME AND ENDOWMENTS FROM||||
|Donations
and legacies|447,810||447,810|
|Charitable
activities||||
|Theatre and projects|539,129|231,348|770,477|
|Other trading activities|587,776||587,776|
|Investment
income|948||948|
|Other income|321,794||321,794|
|Total|1,897,457|231,348|2,128,805|
|EXPENDITURE ON||||
|Raising funds|50,584||50,584|
|Trading operations|169,369||169,369|
##
||continued||||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
||Charitable
activities||||||
||Theatre and projects|||1,699,218|215,797|1,915,015|
||Total|||1,919,171|215,797|2,134,969|
||NET INCOME / EXPENDITURE|||(21,714)|15,551|(6,163)|
||Taxation (paid)/receivable|||22,668||22,668|
||Net movement
in funds|||954|15,551|16,505|
||RECONCILIATION|OFFUNDS|||||
||Total funds brought|forward||176,190|164,566|340,756|
||TOTAL FUNDS CARRIED FORWARD|||177,144|180,117|357,261|
|14.|TANGIBLE FIXED|ASSETS|||||
|Group|||Long|Theatre|Office||
||||leasehold|equipment|equipment|Totals|
||COST||||||
||At
1 September 2020||285,537|121,077|520,349|926,963|
||Additions|||4,003||4,003|
||At 31 August 2022||285,537|125,080|520,349|930,966|
||DEPRECIATION||||||
||At
1 September 2020||231,287|95,884|484,839|812,010|
||Charge for year||13,352|13,170|23,343|49,865|
||At 31 August 2021||244,639|109,054|508,182|861,875|
||NET BOOK VALUE||||||
||At 31 August 2021||40,898|16,026|12,167|69,091|
||At 31 August 2020||54,250|25,193|35,510|114,953|
##
##
|TA|NGIBLE FIXED ASSETS- Continued|||||
|---|---|---|---|---|---|
|||Long|Theatre|Office||
|||leasehold|equipment|equipment|Totals|
|||8||||
|COST||||||
|At|1 September 2020 and 31 August 2021|281,753|43,440|468,090|793,283|
|DEPRECIATION||||||
|At|1 September 2020|227,503|40,675|444,835|713,013|
|Charge for year||13,352|1,665|15,911|30,928|
|At|31 August 2021|240,855|42,340|460,746|743,941|
|NET BOOK VALUE||||||
|At|31 August 2021|40,898|1,100|7,344|49,342|
|At|31 August 2020|54,250|2,765|23,255|80,270|
##
||Unlisted||
|---|---|---|
||investments|Totals|
|MARKET VALUE|||
|At
1 September 2020|||
|Additions|9,247|9,247|
|Disposals
Revaluations|(1,553)
334|(1,553)
334|
|At 31 August 2021|8,028|8,028|
|NET BOOK VALUE|||
|At 31 August 2021|8,028|8,028|
|At 31 August 2020|||
##
||||Shares in|||
|---|---|---|---|---|---|
||||gl'cup|Unlisted||
||||undertakings|investments|Totals|
|MARKET VALUE||||||
|At 1 September 2020|||||2|
|Additions
Disposals
Revaluations||||9,247
(1,553)
334|9,247
(1,553)
334|
|At 31 August 2021||||8,028|8,030|
|NET BOOKVALUE||||||
|At 31 August 2021||||8,028|8,030|
|At 31 August 2020||||||
|There were no investment|assets outside the UK.|||||
|Cost or valuation
at 31 August 2021 is represented||by;||||
||||Shares in|||
||||group|Unlisted||
||||undertakings|investments|Totals|
|Valuation
in 2021||||334|334|
|Cost||||7,694|7,696|
|||||8,028|8,030|
##
|The compan|y's
investments
at the|y's
investments
at the|balanc|e sheet date|in the|share capital of|companies
include the|following:|
|---|---|---|---|---|---|---|---|---|
|Arts Depot|Productions
Limited||||||||
|Registered|office: 5 Nether Street,||London N12 OGA||||||
|Nature ofbusiness: to provide||theatrical||and entertainment||facilities|||
||||||58||||
|Class ofshare||||holding|||||
|ordinary|||||100||||
||||||||2021|2020|
|Aggregate|capital and reserves||||||837|575|
|Profit/(loss)|for the year||||||262|(9,877)|
|RESULTS|OFARTS DEPOT PRODUCTIONS LIMITED||||||||
|The summary
financial
performance|||ofthe subsidiary||alone|is:|||
||||||||2021|2020|
|Turnover
Cost ofsales and administrative||expenses|||||187,511
(187,149)|827,842
(860,389)|
|Corporation|tax||||||100|22,668|
|(Loss)/Profit
for the financial||year|||||262|(9,877)|
##
##
|17|RESULTS OF TH|E ARTS DEPOT TRUSTLIMITED|E ARTS DEPOT TRUSTLIMITED|||
|---|---|---|---|---|---|
||The results ofThe
Production
Limited|Arts Depot Trust Limited, excluding those ofit's wholly
are as follows:||owned subsidiary
2021|Arts Depot
2020|
||Income and endowments|||2,059,008|1,300,963|
||Expenditure
on Charitable||Activities|~1 444 4111|11274 7411|
||Net incoming resources|||650,407|26,382|
||Gain/(loss)
on revaluation|||334||
||Total funds brought|forward||356,688|330,306|
||Total funds carried|forward||1,007,429|356,688|
|18.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|Group||||2021|2020|
||Trade debtors|||61,317|122,961|
||Other debtors|||4,080|3,645|
||Prepayments
and accrued income|||122,642|86,654|
|||||188,039|213,260|
|Parent||||||
|||||2021|2020|
||Trade debtors|||53,668|119,607|
||Amounts
owed by group undertakings|||71,106|21,432|
||Other debtors|||895|3,051|
||VAT|||709|5,632|
||Prepayments
and accrued income|||99,391|49,109|
|||||225,769|198,831|
|19.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|Group||||2021|2020|
||Bank loans and overdraits||(see note 21)||32,921|
||Finance leases (see|note 22)|||8,638|
||Trade creditors|||230,677|203,460|
||Social security and|other taxes||15,394|10,654|
||Other creditors|||61,930|45,933|
||Accruals and deferred
income|||157,033|106,838|
||Accrued expenses|||60,431|33,404|
|||||525,465|441,848|
|Parent||||||
|||||2021|2020|
|||||f||
||Bank loans and overdraits||(see note 21)||32,921|
||Finance leases (see|note 22)|||8,638|
||Trade creditors|||193,272|149,250|
||Social security and|other taxes||14,849|10,209|
||Other creditors|||45,893|45,823|
||Accruals and deferred
income|||67,098|87,098|
||Accrued expenses|||55,049|28,036|
|||||376,161|361,975|
|20.
|CREDITORS:
|AMOUNTS FALLING DUE AFTERMORE THAN|ONE YEAR||
|---|---|---|---|---|
|Group|and Parent||2021|2020|
||Bank loans (see note 21)|||31,520|
|21.|LOANS||||
|Group|and Parent||||
||An analysis ofthe maturity ofloans is given below:||||
||||2021|2020|
||Amounts
falling|due within one year on demand:||g|
||Bank loans|||32,921|
||Amounts
falling|between one and two years:|||
||Bank loans - 1-2years|||31,520|
|22.|LEASING AGREEMENTS||||
|Group|and Parent||||
||Minimum
lease|payments
fall due as follows:|||
||||Finance leases||
||||2021|2020|
||Net obligations|repayable:|||
||Within one year|||8,638|
||||Non-cancellable|operating|
||||leases||
||||2021|2020|
||Within one year
Between one and five years||2,604
866|2,599
3,470|
||||3,470|6,069|
##
##
|MOVEMENT IN FUNDS|||||
|---|---|---|---|---|
|||Net|Transfers||
|||movement|between|At|
||At 1.9.20|in funds|funds|31.8.21|
|Unrestricted
funds|||||
|General fund|177,144|420,939|(75,000)|523,083|
|Designated
Fund||220,000|75,000|295,000|
|Restricted funds|177,144|640,939||818,083|
|Arts Education &Participation|164,000|(35,800)||128,200|
|Capital fund|5,617|(5,136)||481|
|Artistic Development
Schools Fund|10,500|4,000
47,000||14,500
47,000|
||180,117|10,064||190,181|
|TOTAL FUNDS|357,261|651,003||1,008,264|
|Net movement
in funds, included|in the above are as follows:||||
||Incoming|Resources|Gains and|Movement|
||resources|expended|losses|in funds|
|Unrestricted
funds|||||
|General fund|1,809,304|(1,388,699)|334|420,939|
|Designated
Fund|220,000|||220,000|
||2,029,304|(1,388,699)|334|640,939|
|Restricted funds|||||
|Arts Education & Participation|37,078|(72,878)||(35,800)|
|Capital fund
Artistic Development
Schools Fund|107,640
49,000|(5,136)
(103,640)
(2,000)||(5,136)
4,000
47,000|
||193,718|(183,654)||10,064|
|TOTAL FUNDS|2,223,022|(1,572„353)|334|651,003|
##
|MOVEMENT IN FUNDS - continued|||||
|---|---|---|---|---|
|||Net|Transfers||
|||movement|between|At|
||At 1.9.20|in funds|funds|31.8.21|
|Unrestricted
funds|||||
|General fund|176,571|420,676|(75,000)|522,247|
|Designated
Fund||220,000|75,000|295,000|
||176,571|640,676||817,247|
|Restricted funds|||||
|Arts Education &Participation|164,000|11,200||175,200|
|Capital fund|5,617|(5,135)||482|
|Artistic Development|10,500|4,000||14,500|
||180,117|10,065||190,182|
|TOTAL FUNDS|356,688|650,741||1,007,429|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted
funds||||||
|General|fund|1,645,290|(1,224,948)|334|420,676|
|Designated
Fund||220,000|||220,000|
|||1,865,290|(1,224,948)|334|640,676|
|Restricted funds||||||
|Arts Education &Participation||86,078|(74,878)||11,200|
|Capital|fund||(5,135)||(5,135)|
|Artistic|Development|107,640|(103,640)||4,000|
|||193,718|(183,653)||10,065|
|TOTAL|FUNDS|2,059,008|(1,408,601)|334|650,741|
##
##
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.9.19|in funds|31.8.20|
|Unrestricted
funds||||
|General fund
Restricted funds|176,190|954|177,144|
|Arts Education &Participation|128,500|35,500|164,000|
|Capital fund
Artistic Development|21,066
15,000|(15,449)
~4,500)|5,617
10,500|
||164,566|15,551|180,117|
|TOTAL FUNDS|340,756|16,505|357,261|
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|Unrestricted
funds||||
|General fund
Restricted funds|1,897,457|(1,896,503)|954|
|Arts Education &Participation|151,248|(115,748)|35,500|
|Capital fund
Artistic Development|80,100|(15,449)
~84,600)|(15,449)
(4,500)|
||231,348|~215,797)|15,551|
|TOTAL FUNDS|2,128,805|(2, 112,300)|16,505|
##
##
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.9.19|in funds|31.8.20|
|Unrestricted|funds|||||
|General fund|||165,740|8,393|174,133|
|Access||||2,438|2,438|
||||165,740|10,831|176,571|
|Restricted funds||||||
|Arts Education &Participation|||128,500|35,500|164,000|
|Capital fund|||21,066|(15,449)|5,617|
|Artistic Development|||15,000|(4,500)|10,500|
||||164,566|15,551|180,117|
|TOTAL FUNDS|||330,306|26,382|356,688|
|Comparative|net movement|in funds, included|in the above are as follows:|||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
|Unrestricted|fonds|||||
|General fund
Access|||1,065,819
3,796|(1,057,426)
(1,358)|8,393
2,438|
||||1,069,615|(1,058,784)|10,831|
|Restricted funds||||||
|Arts Education &Participation|||151,249|(115,749)|35,500|
|Capital fund||||(15,449)|(15,449)|
|Artistic Development|||80,100|(84,600)|(4,500)|
||||231,349|(215,798)|15,551|
|TOTAL FUNDS|||1,300,964|(1,274,582)|26,382|
##
##
|25.|DEFER|RED INCOME||
|---|---|---|---|
|Group||||
||Balance|at 1 September 2020|106,838|
||Amount
Amount|released to incoming resources
deferred
in the year|(106,838)
157,033|
||Balance|at 31 August 2021|157,033|