| Page | |||||
|---|---|---|---|---|---|
| Reference and administrative | details ofthe Charity, | its Trustees and advisers | |||
| Trustees' report |
2-9 | ||||
| Independent | auditors' | report | on the financial statements | 10-14 | |
| Consolidated | statement | offinancial activities | 15 | ||
| Consolidated | balance sheet | 16 | |||
| Charity balance sheet | 17 | ||||
| Consolidated | statement | ofcash flows | 18 | ||
| Notes to the | financial statements | 19-40 |
| Trustees | P Yarwood (resigned |
P Yarwood (resigned |
20 May 2021) | 20 May 2021) | |||
|---|---|---|---|---|---|---|---|
| P LWhitehurst | |||||||
| A J Preedy (resigned | 19August 2021) | ||||||
| T R Clarke | |||||||
| A Lawson | |||||||
| D LStevens | |||||||
| SC H Poole | |||||||
| LS R Davies | |||||||
| A Senior (appointed | 20 May 2021) | ||||||
| N E Farrer (appointed | 20 May 2021) | ||||||
| SJ Hunt (appointed | 20 May 2021) | ||||||
| S L H Newton | (appointed 20 May 2021) |
||||||
| L Chirwa (appointed | 20 May 2021) | ||||||
| Company | registered | ||||||
| number | 03927101 | ||||||
| Charity registered | |||||||
| number | 1086789 | ||||||
| Registered | office | Brewery Arts | |||||
| 122A Highgate | |||||||
| Kendal | |||||||
| Cumbria | |||||||
| LA9 4HE | |||||||
| Company | secretary | H Askew | |||||
| Chief executive officer | M Randall | ||||||
| Independent | auditors | Armstrong Watson Audit Limited |
|||||
| Chartered Accountants |
8 Statutory | Auditors | |||||
| Fairview House | |||||||
| Victoria Place | |||||||
| Carlisle | |||||||
| Cumbria | |||||||
| CA1 1HP | |||||||
| Bankers | Yorkshire Bank |
||||||
| 7 Stricklandgate | |||||||
| Kendal | |||||||
| Cumbria | |||||||
| LA9 4NB | |||||||
| Solicitors | Milne Moser Solicitors | ||||||
| Westmorland | House | ||||||
| The Square | |||||||
| Milnthorpe | |||||||
| Cumbria | |||||||
| LA7 7QJ |
| As restated | ||||||||
|---|---|---|---|---|---|---|---|---|
| Endowment | Restricted | Unrestricted | Total | Total | ||||
| funds | funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2022 | 2021 | ||||
| Note | f | |||||||
| Income and | ||||||||
| endowments | from: | |||||||
| Donations and |
legacies | 3 | 471 | 413,251 | 455,021 | 868,743 | 1,203,439 | |
| Charitable activities |
4 | 481,134 | 481,134 | 126,357 | ||||
| Other trading | activities | 5 | 398,578 | 398,578 | 61,406 | |||
| Investments | 6 | 5,492 | 5,492 | 9,569 | ||||
| Other income | 70,713 | 70,713 | 447,599 | |||||
| Total income | and | |||||||
| endowments | 471 | 413,251 | 1,410,938 | 1,824,660 | 1,848,370 | |||
| Expenditure | on: | |||||||
| Raising funds | 488,318 | 488,318 | 362,087 | |||||
| Charitable activities |
533,337 | 905,323 | 1,438,660 | 1,157,277 | ||||
| Total expenditure | 533,337 | 1,393,641 | 1,926,978 | 1,519,364 | ||||
| Net | ||||||||
| income/(expenditure) | ||||||||
| before net gains on | ||||||||
| investments | 471 | (120,086) | 17,297 | (102,318) | 329,006 | |||
| Net gains on | ||||||||
| investments | 30,041 | 30,041 | 67,353 | |||||
| Net | ||||||||
| income/(expenditure) | 30,512 | (120,086) | 17,297 | (72,277) | 396,3M | |||
| Transfers between |
||||||||
| funds | 21 | (1,045,059) | 1,045,059 | |||||
| Net movement | in | |||||||
| funds | 30,512 | (1,165,145) | 1,062,356 | (72,277) | 396,3M | |||
| Reconciliation | of | |||||||
| funds: | ||||||||
| Total funds brought | ||||||||
| forward | 363,243 | 1,970,712 | 474,864 | 2,808,819 | 2,412,460 | |||
| Net movement | in funds | 30,512 | (1,165,145) | 1,062,356 | (72,277) | 396,3M | ||
| Total funds carried | ||||||||
| forward | 393,755 | 805,567 | 1,537,220 | 2,736,542 | 2,808,819 |
| As restated | ||||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Note | ||||||
| Fixed assets | ||||||
| Tangible assets | 14 | 2,703,757 | 2,776,493 | |||
| Investments | 15 | 360,661 | ||||
| 2,703,757 | 3,137,154 | |||||
| Current assets | ||||||
| Stocks | 16 | 15,463 | 5,839 | |||
| Debtors | 17 | 81,062 | 90,088 | |||
| Cash at bank and | in hand | 382,074 | 43,209 | |||
| 478,599 | 139,136 | |||||
| Creditors: amounts | falling due within one | |||||
| year | 18 | (373,581) | (361,915) | |||
| Net current assets ILiabilities | 105,018 | (222,779) | ||||
| Total assets less | current liabilities | 2,808,775 | 2,914,375 | |||
| Creditors: amounts | falling due after more | |||||
| than one year | 19 | (72,233) | (105,556) | |||
| Total net assets | 2,736,542 | 2,808,819 | ||||
| Charity funds | ||||||
| Endowment funds |
21 | 393,755 | 363,243 | |||
| Restricted funds | 21 | 805,567 | 1,970,712 | |||
| Unrestricted funds |
21 | 1,537,220 | 474,864 | |||
| Total funds | 2,736,542 | 2,808,819 |
| CHARITY BALANCE SHEET | CHARITY BALANCE SHEET | |||||
|---|---|---|---|---|---|---|
| AS AT 31 | MARCH 2022 | |||||
| As restated | ||||||
| 2022 | 2021 | |||||
| Note | ||||||
| Fixed assets | ||||||
| Tangible assets | 14 | 2,694,779 | 2,753,942 | |||
| Investments | 15 | 49,900 | 410,561 | |||
| 2,744,679 | 3,164,503 | |||||
| Current assets | ||||||
| Debtors | 17 | 82,836 | 73,555 | |||
| Cash at bank and | in hand | 369,436 | 26,888 | |||
| 452,272 | 100,443 | |||||
| Creditors: amounts | falling due within one | |||||
| year | 18 | (339,658) | (321,136) | |||
| Net current assets ILiabilities | 112,614 | (220,693) | ||||
| Total assets less | current liabilities | 2,857,293 | 2,943,810 | |||
| Creditors: amounts | falling due after more | |||||
| than one year | 19 | (72,233) | (105,556) | |||
| Total net assets | 2,785,060 | 2,838,254 | ||||
| Charity funds | ||||||
| Endowment funds |
21 | 393,756 | 363,243 | |||
| Restricted funds | 21 | 805,569 | 1,970,712 | |||
| Unrestricted funds |
21 | 1,585,735 | 504,299 | |||
| Total funds | 2,785,060 | 2,838,254 |
| FOR | TH | E YEAR EN | DED 31 MARCH 202 | 2 | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| f. | |||||
| Cash flows from operating activities |
|||||
| Net cash used in operating activities |
196,707 | 237,320 | |||
| Cash flows from investing activities |
|||||
| Dividends, interests and rents from investments |
5,492 | 9,570 | |||
| Purchase oftangible fixed assets |
(190,673) | (563,671) | |||
| Proceeds from sale of investments | 360,661 | ||||
| Net cash provided by/(used in) investing |
activities | 175,480 | (554,101) | ||
| Cash flows from financing activities |
|||||
| Cash inflows from new borrowing | 150,000 | ||||
| Repayments of borrowing |
(33,322) | (11,111) | |||
| Net cash (used in)/provided by financing |
activities | (33,322) | 138,889 | ||
| Change in cash and cash equivalents |
in | the year | 338,865 | (177,892) | |
| Cash and cash equivalents at the beginning |
ofthe year | 43,209 | 221,101 | ||
| Cash and cash equivalents at the end of |
the year | 382,074 | 43,209 | ||
| The notes on pages 19to 40 form part ofthese financial | statements |
| Total | |||||
|---|---|---|---|---|---|
| Endowment | Restricted | Unrestricted | Total | funds | |
| funds | funds | funds | funds | 2021as | |
| 2022 | 2022 | 2022 | 2022 | restated | |
| f. | f. | f. | f. | ||
| Grants | |||||
| Arts Council - NPO | 327,776 | 327,776 | 327,776 | ||
| Arts Council - Cultural | |||||
| Recovery | 236,630 | 236,630 | 203,315 | ||
| Arts Council - ODF | 82,121 | 82,121 | 330,521 | ||
| Arts Council - Catalyst | 1,888 | ||||
| South Lakeland District Council |
65,500 | 65,500 | 65,500 | ||
| Covid support | 6,000 | 6,000 | 39,250 | ||
| Brewery Arts Centre | |||||
| Endowment Trust |
66,000 | 66,000 | 67,200 | ||
| Cumbria County Council |
10,000 | 10,000 | 10,000 | ||
| CCC - ODF | 99,991 | ||||
| Kendal Town Council | 10,000 | 10,000 | 10,000 | ||
| Film Hub North | 29,000 | 29,000 | 20,000 | ||
| Other Grants | |||||
| SLDC Restart grant | 18,000 | 18,000 | |||
| Other grant income | 400 | ||||
| Subtotal detailed disclosure | 413,251 | 437,776 | 851,027 | 1,175,841 | |
| Donations | 471 | 17,245 | 17,716 | 27,598 | |
| Subtotal | 471 | 17,245 | 17,716 | 27,598 | |
| 471 | 413,251 | 455,021 | 868,743 | 1,203,439 | |
| Total 2021as restated | 570 | 651,227 | 551,642 | 1,203,439 |
| Total | |||||
|---|---|---|---|---|---|
| Unrestricted | Total | funds | |||
| funds | funds | 2021as | |||
| 2022 | 2022 | restated | |||
| f. | f. | ||||
| Cinema | 204,869 | 204,869 | 24,610 | ||
| Stage on | screen | 4,207 | 4,207 | 60 | |
| Adult Education | 8,238 | 8,238 | 3,038 | ||
| Youth Education | 2,000 | 2,000 | 12,073 | ||
| Theatre, | Dance 8 Literature | 73,334 | 73,334 | 66,837 | |
| Music | 65,924 | 65,924 | 11,7'/3 | ||
| Comedy | 32,813 | 32,813 | 8,026 | ||
| Funded | Projects | 59,406 | 59,406 | ||
| Other income | 30,343 | 30,343 | |||
| 481,134 | 481,134 | 126,357 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022 | 2022 | 2021 | |
| Bar 8 catering | 374,497 | 374,497 | 57,469 |
| Car park income | 23,353 | 23,353 | |
| Other income | 728 | 728 | 3,937 |
| 398,578 | 398,578 | 61,406 |
| Unrestricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||
| 2022 | 2022 | 2021 | |||||
| F | |||||||
| Income | from | local | listed | investments | 5,492 | 5,492 | 9,569 |
| Unrestricted | Total | Total |
|---|---|---|
| funds | funds | funds |
| 2022 | 2022 | 2021 |
| 70,713 | 70,713 | 447,599 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| Wages and salaries | 32,845 | 32,845 | 31,196 | |
| National | Insurance | 3,203 | 3,203 | |
| Pensions | 1,321 | 1 321 | ||
| Direct costs | 221 | 221 | ||
| Support | costs | 3,954 | 3,954 | 10,969 |
| 41,544 | 41,544 | 42,165 |
| Other trading | expenses | |||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| funds | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| F | ||||
| Cost ofsales | 138,055 | 138,055 | 33,000 | |
| Administration | expenses | 45,406 | 45,406 | 26,241 |
| Administration | staff costs | 251,366 | 251,366 | 260,681 |
| Car park costs | 2,024 | 2,024 | ||
| Administration | depreciation | 9,923 | 9,923 | |
| 446,774 | 446,774 | 319,922 |
| Restricted | Unrestricted | As restated | ||||
|---|---|---|---|---|---|---|
| funds | funds | Total | Total | |||
| 2022 | 2022 | 2022 | 2021 | |||
| F | F | |||||
| Cinema | 29,000 | 251,413 | 280,413 | 136,440 | ||
| Stage on | screen | 34,929 | 34,929 | 13,8/5 | ||
| Live events | 42,633 | 267,064 | 309,697 | 108,979 | ||
| Creative | learning | 16,375 | 81,599 | 97,974 | 41,532 | |
| Education | &Outreach | 25,425 | 140,283 | 165,708 | ||
| Support costs | 419,904 | 130,035 | 549,939 | |||
| Education | &Outreach | 90,718 | ||||
| Support costs | 765,793 | |||||
| 533,337 | 905,323 | 1,438,660 | 1,157,277 | |||
| Total 2021 | as restated | 598,011 | 559,266 | 1,157,277 |
| Activities | As restated | |||||
|---|---|---|---|---|---|---|
| undertaken | Support | Total | Total | |||
| directly | costs | funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| Cinema | 145,082 | 135,331 | 280,413 | 136,440 | ||
| Stage on | screen | 2,241 | 32,688 | 34,929 | 13,815 | |
| Live events | 99,773 | 209,923 | 309,696 | 108,979 | ||
| Creative | learning | 34,885 | 63,089 | 97,974 | 41,532 | |
| Education | &outreach | 38,039 | 127,669 | 165,708 | 90,718 | |
| Support costs | 549,940 | 549,940 | 765,793 | |||
| 320,020 | 1,118,640 | 1,438,660 | 1,157,277 | |||
| Total 2021 | as restated | 153,918 | 1,003,359 | 1,157,277 |
| Group | Group | Charity | Charity | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | ||||
| Wages and | salaries | 750,234 | 922,3'/7 | 516,642 | 678,534 | ||
| Social security costs | 50,284 | 51,762 | 36,902 | 39,074 | |||
| Contribution | to defined | contribution | pension | ||||
| schemes | 34,248 | 22,317 | 29,856 | 18,107 | |||
| 834,766 | 996,396 | 583,400 | 735,715 |
| Group | Group | Charity | Charity | ||
|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | ||
| No. | No. | No. | No. | ||
| Administration | and management | 10 | 11 | 10 | |
| Bar and catering | 21 | 22 | |||
| Support | 13 | /8 | 13 | /8 | |
| Activity | 9 | 18 | 9 | 18 | |
| 53 | 69 | 32 | 47 |
| Freehold | Plant and | Fixtures and | Computer | ||
|---|---|---|---|---|---|
| property | machinery | fittings | equipment | Total | |
| E | E | E | E | f. | |
| Cost or valuation | |||||
| At 1 April 2021 | 4,380,369 | 148,197 | 930,710 | 265,140 | 5,724,416 |
| Additions | 179,735 | 10,938 | 190,673 | ||
| Disposals | (130,082) | (177,666) | (17,554) | (325,302) | |
| At 31 March 2022 | 4,380,369 | 18,115 | 932,779 | 258,524 | 5,589,787 |
| Depreciation | |||||
| At 1 April 2021 | 2,426,086 | 125,646 | 361,126 | 35,066 | 2,947,924 |
| Charge for the year | 83,025 | 9,923 | 92,286 | 63,762 | 248,996 |
| On disposals | (126,432) | (166,904) | (17,554) | (310,890) | |
| At 31 March 2022 | 2,509,111 | 9,137 | 286,508 | 81,274 | 2,886,030 |
| Net book value | |||||
| At 31 March 2022 | 1,871,258 | 8,978 | 646,271 | 177,250 | 2,703,757 |
| At 31March 2021 | 1,954,283 | 22,551 | 569,585 | 230,074 | 2,776,493 |
| Freehold | Fixtures and | Computer | ||
|---|---|---|---|---|
| property | fittings | equipment | Total | |
| E | f. | E | F | |
| Cost or valuation | ||||
| At 1 April 2021 | 4,380,369 | 930,710 | 265,140 | 5,576,219 |
| Additions | 179,735 | 10,938 | 190,673 | |
| Disposals | (177,666) | (17,554) | (195,220) | |
| At 31 March 2022 | 4,380,369 | 932,779 | 258,524 | 5,571,672 |
| Depreciation | ||||
| At 1 April 2021 | 2,426,086 | 361,126 | 35,066 | 2,822,278 |
| Charge for the year | 83,025 | 92,286 | 63,762 | 239,073 |
| On disposals | (166,904) | (17,554) | (184,458) | |
| At 31 March 2022 | 2,509,111 | 286,508 | 81,274 | 2,876,893 |
| Net book value | ||||
| At 31 March 2022 | 1,871,258 | 646,271 | 177,250 | 2,694,779 |
| At 31March 2021 | 1,954,283 | 569,585 | 230,074 | 2,753,942 |
| Investments | |
|---|---|
| in | |
| subsidiary | |
| companies | |
| Charity | |
| Cost or valuation | |
| At 1 April 2021 | 49,900 |
| At 31 March 2022 | 49,900 |
| Net book value | |
| At 31 March 2022 | 49,900 |
| At 31March 2021 | 49,900 |
| Principal subsidiaries |
| The following | wa | s a subsid | iary undertaking o |
iary undertaking o |
fthe Charity: | fthe Charity: | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | Company | Registered | office | or principal | Principal | activity | |||||
| number | place ofbusiness | ||||||||||
| Kendal Catering | Company | 01064847 | Brewery | Arts, 122a Highgate, | Catering | ||||||
| Limited | Kendal, | Cumbria, | England, | LA9 | |||||||
| 4HE | |||||||||||
| Class of | Holding | Included | in | ||||||||
| shares | consolidation | ||||||||||
| Ordinary | 100% | Yes | |||||||||
| The financial | results ofthe | subsidiary | for the | year were: | |||||||
| Name | Income | Expenditure | Profit/(Loss) | Net assets | |||||||
| F | / Surplus/ | ||||||||||
| (Deficit) for | |||||||||||
| the | year | ||||||||||
| E | |||||||||||
| Kendal Catering | Company | Limited | 427,690 | (446,775) | (19,085) | 1,480 |
| Group | Group | ||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Finished | goods | and | goods | for | resale | 15,463 | 5,839 |
| Group | Group | Charity | Charity | ||
|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | ||
| Due within one year | |||||
| Trade debtors | 5,590 | 8,558 | 5,229 | 8,558 | |
| Amounts owed by group undertakings |
3,006 | ||||
| Prepayments | and accrued income | 75,472 | 81,530 | 74,601 | 64,997 |
| 81,062 | 90,088 | 82,836 | 73,555 |
| Group | Group | Charity | Charity | ||
|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | ||
| Bank loans | 33323 | 33,333 | 33323 | 33,333 | |
| Trade creditors | 61,217 | 103,734 | 48,513 | 103,465 | |
| Amounts owed to group undertakings |
7 | ||||
| Other taxation and social security | 71,898 | 36,304 | 60,399 | 15,798 | |
| Other creditors | 53,165 | 39,098 | 52,676 | 19,087 | |
| Accruals and deferred | income | 153,978 | 149,446 | 144,747 | 149,446 |
| 373,581 | 361,915 | 339,658 | 321,136 |
| Group | Group | Charity | Charity | ||
|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | ||
| Bank | loans | 72,233 | 105,556 | 72,233 | 105,556 |
| Balance at | |||||||
|---|---|---|---|---|---|---|---|
| Balance at 1 | Transfers | Gains/ | 31 March | ||||
| April 2021 | Income | Expenditure | in/out | (Losses) | 2022 | ||
| f. | f. | f. | f. | f. | f. | ||
| Unrestricted | |||||||
| funds | |||||||
| Designated | |||||||
| funds | |||||||
| Buildings | fund | 772,120 | (19,890) | 981,531 | 1,733,761 | ||
| General | funds | ||||||
| General | Funds- | ||||||
| all funds | (267,821) | 941,647 | (885,375) | 63,528 | (148,021) | ||
| Job retention | |||||||
| scheme | 70,713 | (70,713) | |||||
| Trading | (29,435) | 398,578 | (417,663) | (48,520) | |||
| (297,256) | 1,410,938 | (1,373,751) | 63,528 | (196,541) | |||
| Total | |||||||
| Unrestricted | |||||||
| funds | 474,864 | 1,410,938 | (1,393,641) | 1,045,059 | 1,537,220 | ||
| Endowment | |||||||
| funds | |||||||
| BISFPermanent | 238,318 | 471 | 14,965 | 253,754 | |||
| BISF | |||||||
| Expendable | 124,925 | (14,965) | 30,041 | 140,001 | |||
| 363,243 | 471 | 30,041 | 393,755 |
| Stateme | n | t offun | ds - prior year | |||||
|---|---|---|---|---|---|---|---|---|
| Balance at | ||||||||
| Balance at | As restated | As restated | Transfers | Gainsl | 31March | |||
| 1April 2020 | Income | Expenditure | inlout | (Losses) | 2021 | |||
| Unrestricted | ||||||||
| funds | ||||||||
| Designated | ||||||||
| funds | ||||||||
| Buildings | fund | 792,009 | (19,890) | 772,119 | ||||
| General | funds | |||||||
| General | Funds- | |||||||
| all funds | (298,955) | 929,710 | (901,461) | 2,070 | 816 | (267,820) | ||
| Non charitable | ||||||||
| trading | funds | (5,751) | 296,238 | (319,922) | (29,435) | |||
| (304,706) | 1,225,948 | (1,221,383) | 2,070 | 816 | (297,255) | |||
| Total | ||||||||
| Unrestricted | ||||||||
| funds | 487,303 | 1,225,948 | (1,241,273) | 2,070 | 816 | 474,864 | ||
| Balance at | ||||||||
| Balance at | As restated | As restated | Transfers | Gainsl | 31March | |||
| 1 April 2020 | Income | Expenditure | inlout | (Losses) | 2021 | |||
| Endowment | ||||||||
| funds | ||||||||
| BISFPermanent | 237,749 | 569 | 238,318 | |||||
| BISF | ||||||||
| Expendable | 58,388 | 66,537 | 124,925 | |||||
| 296,137 | 569 | 66,537 | 363,243 |
| Balance at | |||||||
|---|---|---|---|---|---|---|---|
| Balance at | As restated | As restated | Transfers | Gainsi | 31March | ||
| 1April 2020 | Income | Expenditure | inlout | (Losses) | 2021 | ||
| Restricted | |||||||
| funds | |||||||
| National | Lottery | 1,107,801 | (63,136) | 1,044,665 | |||
| Centre | |||||||
| Development | 254,717 | (20,992) | (2,070) | 231,655 | |||
| Our Digital | |||||||
| Future | 266,502 | 442,512 | (38,306) | 670,708 | |||
| Cultural | |||||||
| Recovery | 208,315 | (184,631) | 23,684 | ||||
| Dream Scheme | |||||||
| Funding | 400 | (400) | |||||
| Job Retention | |||||||
| Scheme | 266,863 | (266,863) | |||||
| 1,629,020 | 918,090 | (574,328) | (2,070) | 1,970,712 | |||
| Total of | funds | 2,412,460 | 2,144,607 | (1,815,601) | 67,353 | 2,808,819 |
| Summary offun |
ds - current yea | r | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | Transfers | Gains/ | 31 March | |||
| April 2021 | Income | Expenditure | in/out | (Losses) | 2022 | |
| Designated | ||||||
| funds | 772,120 | (19,890) | 981,531 | 1,733,761 | ||
| General funds | (297,256) | 1,410,938 | (1,373,751) | 63,528 | (196,541) | |
| Endowment | ||||||
| funds | 363,243 | 471 | 30,041 | 393,755 | ||
| Restricted funds | 1,970,712 | 413,251 | (533,337) | (1,045,059) | 805,567 | |
| 2,808,819 | 1,824,660 | (1,926,978) | 30,041 | 2,736,542 |
| Summary offund |
s - prior year | |||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | As restated | As restated | Transfers | Gainsi | 31March | |
| 1April 2020 | Income | Expenditure | inlout | (Losses) | 2021 | |
| Designated | ||||||
| funds | 792,009 | (19,890) | 772,119 | |||
| General funds | (304,706) | 1,225,948 | (1,221,383) | 2,070 | 8/6 | (297,255) |
| Endowment | ||||||
| funds | 296,137 | 569 | 66,537 | 363,243 | ||
| Restricted funds | 1,629,020 | 918,090 | (574,328) | (2,070) | 1,970,712 | |
| 2,412,460 | 2,144,607 | (1,815,601) | 67,353 | 2,808,819 |
| Analysis | ofn | et assets between funds - | current year | |||
|---|---|---|---|---|---|---|
| Endowment | Restricted | Unrestricted | Total | |||
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2022 | |||
| Tangible | fixed | assets | 755,044 | 1,948,713 | 2,703,757 | |
| Current | assets | 393,753 | 50,523 | 34,323 | 478,599 | |
| Creditors | due | within one year | (373,581) | (373,581) | ||
| Creditors | due | in more than one year | (72,233) | (72,233) | ||
| Total | 393,753 | 805,567 | 1,537,222 | 2,736,542 |
| Endowment | Restricted | Vnrestricted | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2021 | 2021 | 2021 | 2021 | |||
| Tangible | fixed | assets | 1,947,029 | 829,464 | 2,776,493 | |
| Fixed asset investments | 363,244 | (2,583) | 360,661 | |||
| Current | assets | 23,684 | 115,452 | 139,136 | ||
| Creditors | due | within one year | (361,915) | (361,915) | ||
| Creditors | due | in more than one year | (105,5M) | (105,5M) | ||
| Total | 363,244 | 1,970,713 | 474,862 | 2,808,819 |
| Group | Group | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||||||
| f. | ||||||||||||
| Net income/expenditure |
for | the | year | (as | per | Statement | of | Financial | ||||
| Activities) | (72,277) | 396,359 | ||||||||||
| Adjustments for: |
||||||||||||
| Depreciation charges |
249,067 | 133,140 | ||||||||||
| Dividends, interests |
and rents from | investments | (5,492) | (9,M9) | ||||||||
| Loss/(profit) on the |
sale offixed assets | 14,342 | (67,353) | |||||||||
| Decrease/(increase) | in | stocks | (9,624) | 9,907 | ||||||||
| Increase in debtors |
(479) | (58,964) | ||||||||||
| Increase/(decrease) | in | creditors | 21,171 | (209,326) | ||||||||
| Net cash provided | by | operating | activities | 196,708 | 194,194 | |||||||
| 25. | Analysis ofcash and | cash equivalents | ||||||||||
| Group | Group | |||||||||||
| 2022 | 2021 | |||||||||||
| Cash in hand | 382,074 | 43,209 | ||||||||||
| Total cash and cash equivalents | 382,074 | 43,209 |
| At 1 April | At 31 March | |||||
|---|---|---|---|---|---|---|
| 2021 | Cash flows | 2022 | ||||
| f. | ||||||
| Cash | at bank and | in hand | 43,209 | 338,865 | 382,074 | |
| Debt | due within | 1 | year | (33,333) | 10 | (33,323) |
| Debt | due after | 1 year | (105,556) | 33323 | (72,233) | |
| (95,680) | 372,198 | 276,518 |