| TO OUR COMMUNITY, PARTNERS AND FUNDERS |
TO OUR COMMUNITY, PARTNERS AND FUNDERS |
|||
|---|---|---|---|---|
| Strategic Highlights | ||||
| Financial Highlights |
||||
| Operating Highlights |
||||
| Looking Ahead | ||||
| ABOUT BANG EDUTAINMENT | ||||
| Our Values, Vision and Mission | ||||
| Our Organizational Structure |
||||
| Our Priorities 2020 | ||||
| IMPACT &VALUE | ||||
| Responding to a Pandemic and Organizational |
Review | 9 | ||
| Activities, Achievements, Performance |
10 | |||
| Public Benefit —Incubation, Partnerships |
and Policy | 12 | ||
| LONG-TERM STRATEGIES &AMBITIONS | 15 | |||
| A Values and Youth-Centred Organization |
15 | |||
| Strategic Aims and Objectives | 16 | |||
| Organizational Outcomes |
17 | |||
| Activities 2020-2022 | 17 | |||
| FINANCIAL ACCOUNTS FOR THE YEAR ENDING MARCH 2021 | 20 | |||
| independent examiner's report to the trustees |
20 | |||
| Statement of Financial Activities (Incorporating |
the income and expenditure | account) | 21 | |
| Balance Sheet at 31March 2021 | 22 | |||
| Notes tothe Accounts | 23 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| Notes | 6 | 6 | E | ||
| Incoming resources | |||||
| Voluntary Income |
2 | 28,794 | 391,712 | 420,506 | 284,725 |
| Charitable Activities |
3 | 9,493 | 9,493 | 16,354 | |
| Total incoming resources | 38,287 | 391,712 | 429,999 | 301,079 | |
| Resources | |||||
| expended | |||||
| Charitable Activities |
6 | 24,749 | 353,326 | 378,075 | 341,661 |
| Fund raising | 4 | 500 | 500 | 2,000 | |
| Governance | 5 | 4,350 | 4,350 | 4,290 | |
| Total resources expended | 29,599 | 353,326 | 382,925 | 347,951 | |
| Net income/(expenditure) | 8,688 | 38,386 | 47,074 | (46,872) | |
| Transfer between funds |
|||||
| Total funds brought forward | 35,566 | 95,617 | 131,183 | 178,055 | |
| Total funds carried forward | 6 | 44,254 | 134,003 | 178,257 | 131,183 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Notes | ||||
| Fixed Assets | ||||
| Tangible Assets | 4,474 | 5,965 | ||
| Total Fixed Assets | 4,474 | 5,965 | ||
| Current Assets | ||||
| Debtors | 1,571 | |||
| Prepayment | 2,476 | |||
| Cash at Bank and in Hand | 188,937 | 125,797 | ||
| Total Current Assets | 188,937 | 129,844 | ||
| Liabilities | ||||
| Creditors: | ||||
| amounts falling due within one |
15,154 | 4,626 | ||
| year | ||||
| Net Current | Assets | 178,257 | 125,218 | |
| Creditors: | ||||
| amounts falling due after one |
||||
| year | ||||
| Net Assets | 178,257 | 131,183 | ||
| Funds ofthe Charity | ||||
| Unrestricted | 39,780 | 32,090 | ||
| Designated | (Fixed Assets) | 4,474 | 3,476 | |
| Restricted | 134,003 | 95,617 | ||
| Accumulated | Funds | 178,257 | 131,183 |
| Unrestricted | Restricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||||
| 2021 | 2021 | 2021 | 2020 | |||||
| E | E | |||||||
| Social Investment | Business | 17,160 | ||||||
| City Bridge Trust | 40,000 | 40,000 | 40,000 | |||||
| John Lyons Charity | 40,000 | 40,000 | 4,000 | |||||
| The Rank Foundation | 13,784 | 1' 784 | ||||||
| Donations | ||||||||
| Big Lottery Fund | 130,000 | 130,000 | 140,000 | |||||
| Awards for All | 9,900 | |||||||
| London Community | Response | Fund | 28,794 | 28,794 | ||||
| Wembley National |
Stadium Trust | 9,375 | ||||||
| National Lottery |
Community | Fund | 82,436 | 82,436 | ||||
| Greater London | Authority | 23,434 | 23,434 | 46,918 | ||||
| Neighbourhood | Comm Infra | 34,747 | 34,747 | 17,372 | ||||
| HMRC Job Retention | Scheme | 27,311 | 27,311 | |||||
| 28,794 | 391,712 | 420,506 | 284,725 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||
| 2020 | ||||||
| BM&E | overhead | contribution | 9,493 | 9,493 | 14,954 |
| 2021 | 2020 | ||
|---|---|---|---|
| AGM and board meetings | 520 | 500 | |
| Independent | Examination | 1,020 | 1,010 |
| Allocation of | staff costs | 2,220 | 2,200 |
| Allocation of | support costs | 590 | 580 |
| 4,350 | 4,290 |
| Brought | Incoming | Resources | Transfers | Carried | ||
|---|---|---|---|---|---|---|
| Forward | Resources | Expended | Forward | |||
| Restricted funds | ||||||
| John Lyons Charity | 40,000 | 19,997 | 20,003 | |||
| City Bridge Trust | 10,000 | 40,000 | 35,000 | 15,000 | ||
| Big Lottery Fund | 50,000 | 130,000 | 112,000 | 68,000 | ||
| Awards For All (aig Lottery) | 9,900 | 9,900 | ||||
| The Rank Foundation | 13,784 | 2,784 | 11,000 | |||
| National Lottery Comm. Fund |
82,436 | 62,436 | 20,000 | |||
| Greater London Authority | 20,717 | 23,434 | 44,151 | |||
| HMRC Job Retention Scheme | 27,311 | 27,311 | ||||
| Neighbourhood Community |
Infra | 5,000 | 34,744 | 39,744 | ||
| TOTAL | 95,617 | 391,709 | 353,323 | 134,003 |
| Brought | incoming | Resources | Transfers | Carried | |||
|---|---|---|---|---|---|---|---|
| Forward | Resources | Expended | Forward | ||||
| Unrestricted funds |
|||||||
| John Lyons Charity | 5,169 | 5,169 | |||||
| Henry Smithy | 805 | 805 | |||||
| Donations | 6,454 | 6,454 | |||||
| Social Investment | Business | 7,934 | 7,934 | ||||
| London Comm. Response | Fund | 28,794 | 28,794 | ||||
| Charitable activities (SeeNote 3) |
15,204 | 9,493 | 24,697 | ||||
| TOTAL | 35,566 | 38,287 | 29,599 | 44,254 | |||
| 7. Fixed Assets | |||||||
| Plant & Machinery |
Office Equipment |
Office Refurbishment |
Total | ||||
| Cost | 6 | E | |||||
| 1st April 2020 | 99,478 | 13,697 | 157,049 | 270,224 | |||
| Additions | |||||||
| Disposals | |||||||
| 31March | 2021 | 99,478 | 13,697 | 157,049 | 270,224 | ||
| Depreciation | |||||||
| 1stApril 2020 | 94,949 | 12,261 | 157,049 | 264,259 | |||
| Disposals | |||||||
| Charge for year | 1I132 | 359 | 1,491 | ||||
| As at31 March 2021 | 96,081 | 12,620 | 157,049 | 265,750 | |||
| Net book value | |||||||
| As at31 March 2020 | 4,529 | 1,436 | 5,965 | ||||
| As at 31March 2021 | 3,397 | 1,077 | 4,474 |
| . Debtors | Annual Re |
port &Acc |
|---|---|---|
| 2021 | 2020 | |
| Trade Debtors | 1,571 | |
| Prepayments | 2,476 | |
| 4,047 |
| 2021 | 2020 | ||
|---|---|---|---|
| Independent | Examination | 1,020 | 1,010 |
| Remuneration | 7,004 | 100 | |
| Taxation & N. | l. | 3,567 | 3,166 |
| Pension | 563 | 350 | |
| Accruals | 3,000 | ||
| 15,154 | 4,626 |
| ay cancel 3. f costs |
the lease at an annual anniversary and numbers |
by giving three months' no |
tice. There |
|---|---|---|---|
| 2021 | 2020 | ||
| Wages & | Contractors | 166,257 | 155,694 |
| PAVE/NIC | 33,645 | 28,180 | |
| Employer | Pension Contribution | 2,849 | 3,500 |
| 202,751 | 187,374 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | Funds | Funds | |
| Fixed Assets | 4,474 | 4,474 | |
| Net Current Assets | 39,780 | 134,003 | 155,263 |
| 44,254 | 134,003 | 159,737 |