| Trustees | Kristafor Darby | |||
|---|---|---|---|---|
| Harmeet Chagger-Khan |
||||
| Jennrter Soltau |
||||
| Dr AWoolner | ||||
| Ms A Reeves | ||||
| Ms F Joseph | ||||
| Artistic Director (CEO) | Paul Sutton | |||
| Secretary | Sophia Parker | |||
| Charity number | 1085653 | |||
| Company | number | 02878790 | ||
| Registered | office | 5 Deensway | ||
| Worcester | ||||
| Worcestershire | ||||
| WRt 2JG | ||||
| Independent | examiner | Kendall Wadley LLP | ||
| Grants Lodge | ||||
| 7t Graham Road |
||||
| Malvern | ||||
| Worcestershire | ||||
| WRt4 2JS | ||||
| Bankers | National Westminster |
Bank Pic | ||
| 1 The Cross | ||||
| Worcester | ||||
| WRt 3PR | ||||
| HSBC Bank PLC | ||||
| 8 Broad Street | ||||
| Worcester | ||||
| WR1 2EJ |
| Page | |||
|---|---|---|---|
| Trustees' report |
1-4 | ||
| Independent examiner's |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the financial | statements | II-14 |
| Unrestricted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2021 | 2020 | |||||
| Notes | ||||||
| IgggttttL(tgttt; | ||||||
| Chantable actwities |
3 | 233,044 | 244,357 | |||
| Emirtt~ | ||||||
| Charitable activities |
4 | 199,674 | 244,722 | |||
| Other | ||||||
| Total resources | expended | 199,830 | 244,722 | |||
| Net income/(expenditure) | forthe year/ | |||||
| Net incomingl(outgoing) | resources | 33,2'I 4 | (365) | |||
| Other recognised | gains and losses | |||||
| Other gains or losses | (306) | |||||
| Net movement | in funds | 32,908 | 105 | |||
| Fund balances | at 1 |
April 2020 | 67,550 | 67,445 | ||
| Fund balances | at | 31 March 2021 | 100,458 | 67,550 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | 8 | 8 | ||||||
| Fixed assets | ||||||||
| Tangible assets | 7,752 | 9,977 | ||||||
| Current assets | ||||||||
| Debtors | 10 | 15,452 | 29,194 | |||||
| Cash at bank and in | hand | 87,169 | 33,628 | |||||
| 102,621 | 62,822 | |||||||
| Creditors: | am ounhs | falling due within | ||||||
| one year | 11 | (9,915j | (5,249) | |||||
| Net current | assets | 92,706 | 57,573 | |||||
| Total assets less current | llabilltiles | 100,458 | 67,550 | |||||
| Income fun | ds | |||||||
| Unrestricted | funds | 100,458 | 67.550 | |||||
| 'I00,458 | 67.550 |
| scat | |||||
|---|---|---|---|---|---|
| 8 | |||||
| Income generated | from, and | grants within, charitable | activities | 233,044 | 244,357 |
| Grants received | |||||
| Arts Council England | 72,898 | 73,883 | |||
| The Bailey Thomas Charitable | Fund | 2,000 | |||
| The ironmongera' | Company | 6,600 | |||
| WCC - Worcester | Community | Grant | 2,000 | ||
| Peter Harrison Foundation |
5,000 | ||||
| N etio n el Lottery Award | 34,650 | ||||
| innovate UK |
46,902 | ||||
| Cadent Foundation | 16,800 | ||||
| 17'I,048 | 89,483 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 6 | 6 | |||
| Staffcosts | 107.491 | 112,769 | ||
| Depreciation | and impairment | 6,362 | 9.331 | |
| Production | costs | 23,900 | 15,478 | |
| Staff training | 1,094 | 1,274 | ||
| lvlarketing | 2,134 | 25,463 | ||
| Conferences | 73 | 1,497 | ||
| Travelling and motor |
expenses | 4,044 | 28,003 | |
| h/lasting costs |
495 | 2,808 | ||
| Offioe costs | 11,541 | 10,647 | ||
| Insurance | 1,714 | 2,030 | ||
| Sub acr i pti on s |
2,146 | 3,047 | ||
| Offic rent | 1,797 | 4,376 | ||
| Bank charges | 272 | 349 | ||
| Freelance project workers | 11,821 | 5,541 | ||
| Bad debt expense | 1,438 | |||
| 176,322 | 222,613 | |||
| Share of governance | costs (see note 5) | 23,352 | 22,109 | |
| 199,674 | 244,722 |
| Gave ma nce | 2021 | 2020 | Basis ofal | |||||
|---|---|---|---|---|---|---|---|---|
| costs | ||||||||
| 6 | ||||||||
| Staffcosts | 20,341 | 20,341 | 19,629 | Charitable | ||||
| Board meeting costs | 18 | 18 | 285 | Governance | ||||
| Legal and | professional | fees | 95 | 95 | 35 | Governance | ||
| Independent | examiners | fees | 2,898 | 2,898 | 2,160 | Governance | ||
| 23,352 | 23,352 | 22,109 | ||||||
| Anatysed | between | |||||||
| Charitable | activities | 23,352 | 23,352 | 22,109 |
| Unrestricted | Total | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| funds | |||||||||
| 2021 | 2020 | ||||||||
| Net | loss | on | disposal | of | tamgible | fixed | assets | 156 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Number | Number | |||
| Management | and charitable | activities | ||
| Administration | ||||
| Employment | costs | 2021 | 2020 | |
| K | B | |||
| Wages and salaries | 113,321 | 116,996 | ||
| Sodal seounty | cos'ls | 7,769 | 8,383 | |
| Other pension | costs | 6,7rt2 | 7,019 | |
| 127,832 | 132.398 |
| 9 | Tangible fixed assets | Tangible fixed assets | |||
|---|---|---|---|---|---|
| Frxturee. Iiiiotor | vehicles | Total | |||
| fittings a | |||||
| equipment | |||||
| f | |||||
| Cast | |||||
| At 1 April 2020 |
66,543 | 23,980 | 90,523 | ||
| Additions | 4,743 | 4.743 | |||
| Disposals | (1,149) | (1,149) | |||
| At 31 March 2021 | 70,137 | 23,980 | 94,117 | ||
| Depreciation and impairment |
|||||
| At 1 April 2020 |
56,566 | 23,980 | 80,548 | ||
| Depreaation charged |
in the year | 6,362 | 6,3B2 | ||
| Eliminated in respect |
of disposals | (543) | (543) | ||
| At 31 March 2021 | 62,385 | 23,980 | 86,365 | ||
| Carrying amount |
|||||
| At 31 March 2021 | 7,752 | 7,752 | |||
| *t31 March 2020 | 9,977 | 9,977 | |||
| 10 | Debtors | ||||
| 2D21 | 2020 | ||||
| Amounts falling due |
within one year: | f | f | ||
| Trade debtors | 100 | 26,400 | |||
| Prepayrnents and accrued income |
15,352 | 2,794 | |||
| 15,452 | 29,194 | ||||
| 11 | Creditors: amounts | falling due within one year | |||
| 2D21 | 2020 | ||||
| f | |||||
| Other taxation and social security | 3,265 | 3,140 | |||
| Trade creditors | 2,323 | 309 | |||
| Accruals end deferred | income | 4,327 | 1,800 | ||
| 9,915 | 5,249 |
| Anatysis ofnet assets between funds |
|||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2021 | 2020 | ||
| 6 | k | ||
| Fund balances at 31 March 202'l are represented | by: | ||
| Tangible assets | 7,752 | 9,977 | |
| Current assetsr(liabilities) | 92,706 | 57,573 | |
| 100,458 | 67.550 |