2021-03-31-accounts - Feltham Arts Association Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

675,000	Towards	eight	months	contractual	commitments	and	operationaVstaff	operationaVstaff	costs	and
	redundancy	in the event		ofoperational	difficulties.
66,000	Designated	reserves to cover core costs for 2021-2022				to	meet shortfall	in	funding	over
	the coming	year.
f.21,894	To be allocated to		cover	late/delayed reserved income.
K102,894	Total balance in		unrestricted reserves

		Year ended 31March	Year ended 31March	2021
		Unrestricted	Restricted
	Notes	Funds	Funds	Total	2020
		g	f
INCOME FROM:
Donations and legacies
Other voluntary income		38,338	120,685	159,023	118,692
Charitable activities		1,947	240	2,187	22,523
Investment income - interest
TOTAL INCOME	2	40,285	120,925	161,210	141,216
EXPENDITURE ON:
Charitable activities		43,065	42,908	85,973	145.730
TOTAL EXPENDITURE	3	43,065	42,908	85,973	145,730
Net income/(expenditure)		(2,780)	78.017	75,237	(4,514)
Gross transfers between funds
Net movement in funds		(2,780)	78,017	75,237	(4,514)
RECONCILIATION OF FUNDS
Total funds brought forward		103,292	24,877	128,169	132,683
TOTAL FUNDS CARRIED FORWARD	10/11	100,512	102,894	203,406	128,169

2.TOTALINC	OMK						Restricted
						Restricted	Cultural
						C	~dY ii	U	titd
						Actiritt'	~Pro'ects		Funds	Total	2020
						f	f		f		f
Other voluntary	incoming resources
Grants:
London Borough	ofHounslow	(Community		Grant)							13,178
London Borough	ofHounslow	(Arts and Civic Pride)									50,000
London Borough	ofHounslow	(Response Fund)					9,200			9,200
London Borough	ofHounslow	(recovery fund)					10,752			10,752
London Borough	ofHounslow	(Bridge	House Mosiac)				13,930			13,930
London Borough	ofHounslow	(small grant)									500
Groundwork UK (Tescos Bags		ofHelp)					1,166			1,166
Job rentention scheme									38,338	38,338
London Borough	ofHouuslow	(We Are Hounslow			-Year 1)	13,768	23,732			37,500	6,746
The Charity ofSir Richard Whittington,			one ofthe		Mercers' Company ofCharities		10,000			10,000
The Mercers' Company (Creating Together - Arts for Older People)											10,000
Sundrydonations							137			137	269
National Lottery	community					25,101	12,899			38,000	38,000
Total donations	and legacies					38,869	81,816		38,338	159,023	118,692
Incoming resources from charitable			activities
Income from services									1,947	1,947	13,434
project income							240			240	9,089
Total resources	from charitable activities						240		1,947	2,187	22,523
Total incoming	resources					38,869	82,056		40,285	161,210	141,216

												Restricted	Restricted
											Restricted	Cultural
											Core	~dT	tt	U	t	td
											Activitc'	~Pro ects			Funds		Total	2020
											f	g
Activities directly	related to the			work		of	the charity
Sessional staff (including			employers		NI)								2,031				2,031	2,457
Printing and publicity													1,6?5				1,675	5,644
Venue/equipment	hire												216				216	4,957
Workshop leaders												18,880					18,880	57,683
Project expenses												10,145					10,145	8,866
Donations																		853
												32,947					32,947	80,460
Support costs - see note			4
Programme Manager's		salary (including				employers		NI)					1,778		21,960		23,738	26,490
Programme Development			Manager's		salary		(including		employers	NI)			1,938		19,040		20,978	23,354
Part-time staff salaries		(including		employers			Nl)						1,147				1,147	1,900
Pension costs													149		1,640		1,789	1,941
Payroll costs																425	464	384
Stafftraining																		829
Stationery and administration													245				245	1,279
Insurance											672						672	676
Computer running	expenses										953						953	685
Bank charges											92						92	222
Transport and travel																		1,519
Professional fees																		2,576
Bookkeeping											900						900	1,200
Sundry expenses																		248
Accountancy											2,048						2,048	1,968
											4,704		5,257		43,065		53,026	65,270
Total costofcharitable			activities								4,704	38,204			43,065		85,973	145,730

4.	SUPPORT	COSTS
								TOWII			Special					Basis of
				HOP	Schools f		Adults g	Centre f	Festival f	Outreach	Projects g	Core f	Furlough g	Reserves f	Total g	allocation
	Staffcosts			200			1,976	400		730	1,030	930	41,400	986	47,652	Usage
	Office expenses and insurance					50	50		200		50	472		1,604	2,426	Usage
	Legal, professional &accounting													2,948	2 948	Usage
				200		50	2,026	400	200	730	1,080		41,400		53,026
5.	Resources expended		include
											2021				2020
	Independent	examination									1,200				1,200
	Accountancy	services									848				768
											2,048				1,968
6.	TAXATION
	Analysis ofthe tax charge
	No liability to UK corporation			tax arose on ordinary		activities for the		year ended 31 March 2021 or			for the year	ended 31	March 2020.

DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
	f.
Trade debtors	500	100
Advances	293	11,241
Accrued income	3,415
	4,208	11,341
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021f	2020 8
Social security and other taxes	408	2,252
Accruals and deferred income	2,000	1,968
	2,408	4,220

UNRESTRICTE	D FUNDS
		At	Incoming	Outgoing	At
		1/4/20	Resources	Resources	31/3/21
General Funds		103,292	40,285	(43,065)	100,512
Transfer to Restricted Funds
Total Unrestricted	Funds	103,292	40,285	(43,065)	100,512

2021	2020
Nos	Nos