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2020-12-31-accounts

Page
Chairman's
Report
Report ofthe Trnstees 2 to 6
Independent
Examiner's		 Report
Statement
ofFinancia)		 Activities
Balance Sheet 9 to 10
Cash Flow Statement
Notes to the Cash F)ow Statement 12
Notes to the Financial Statements 13 to 20
Detailed Statement of Financial Activities 21 to 22

for the Year Ende d 31 December 202,0
31.12.20 31.12.19
Unrestricted Restricted Total Total
funds fund funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 123,579 123,579 18,416
Other trading activities 208,450 208,45tl 571,585
Investment
income		 727 727 1,394
332,756 332,756 591,395
EXPENMTURK ON
Raising funds 373,1M 37391M 560,90$
NET INCOME/(EXPENDITURE) (40444) (40444) 30,487
RECONCILIATION OF FUNDS
Total funds brought forward 2,174,279 2,174,279 2,143,792
TOTAL FUNDS CARRIED FORWARD 2,133,935 - 2 133935 2 174279

Cash Flow Sta tement
for the Year Ended 31 December ZNO
31.12.20 31.12.19
Notes
Cash flows from operating activities
Cash generated
from operations		 ~51,833) 99,480
Net cash (used in)/provided by operating activities ~51,833) 99480
Cash Rows from investing activities
Purchase oftangible
fixed assets		 (66,823)
Sale oftangible
fixed assets		 2,598
Interest received 727 l,394
Net cash provided
by/(used		 in) investing activities 727 ~62 S31)
Change
in cash and cash equivalents		 irL
the reporting
period
Cash and cash equivalents		 at the (51,106j 36,649
beginning
ofthe reporting		 period 446 007 409 358
Cash and cash equivalents at the end of
the reporting
period		 394,901 446,007

OPF.RATING ACT IVlTI ES
31.12.20 31.12 ]9
Net (expenditure)/income for the reporting period (as per the
Statement ofFinancial Activities) (40444) 30,487
Adjustments
for:
Depreciation
charges		 49,528 53,679
Interest received (727) (1,394)
Decrease/(increase) in stocks 3,484 (1,644)
decrease in debtors 4,443 10,38 I
(Decrease)/increase in creditors ~68,217 7,971
Net cash (used in)/provided by operations 51833 99480
ANALYSIS OF CHANGES IN NET FUND S
At 1.1.20 Cash fiow At31.12.20
Net cash
Cash at bank and in hand 446,007 ~51,106 394,901
446 007 51 106 394,901
Total 4461007 51,106 394,901

31.12.20 31.12,19
Charity
shop income		 23,833 36,717
Catering
Films, box officek live event		 39,699
107433		 134,858
315,362
Children's
activities		 200
Youth theatre 1,8% 5,491.
Space hire 11,336 35,03 I.
Film/brochure advertising 3,693 7,086
Exhibition
hire		 and commission 1,047 2,296
Workshops 10,336 22,959
Merchandising and voucher sale 8,817 9,799
Technical support 1 786
208 450 571,585
4. INVESTMKNT INCOME
31.12.20 31.12.19
Deposit account interest 727 1,394
5. RAISING FUNDS
Other trading activities
31.12.20 31.12.19
K
Opening
stock		 4%788 3,144
Purchases 70,963 196,252
Closing stock (1+04) (4,788)
Catering 14,413 51,382
Charity shop expenses E2,808 13,245
Arts project costs 300 1,122
Support costs 271 132 300,551
373,100 560 908

6. SUPPORT COSTS
Management Finance Totals
Other trading activities 263,092 8040 271 132
7. NET INCOME((EXPENDITURE)
Net income'(expenditure) is stated after charging/(crediting);
31.12.20 31,12,19
Depreciation - owned assets 49,528 53,679

Notes to the Finaneia) Statements - continued
for the Year Ended 31 Deeernber
20201		 Notes to the Finaneia) Statements - continued
for the Year Ended 31 Deeernber
20201		 Notes to the Finaneia) Statements - continued
for the Year Ended 31 Deeernber
20201		 Notes to the Finaneia) Statements - continued
for the Year Ended 31 Deeernber
20201		 Notes to the Finaneia) Statements - continued
for the Year Ended 31 Deeernber
20201
10. COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES
Vnrestricted Restricted Total
funds fund funds
INCOME AND ENDOWMENTS FROM
Donations
aod legacies		 18,416 18,416
Investment
Other trading activities 571,585 571,585
income ],394 1,394
Total 591,395 591,395
EXPENDITURE ON
Raising funds 560,908 560,908
NET II%COME 30,487 30,487
RECONCILIATION OF FUNDS
Total funds brought forward 2,l43,792 2,143,792
TOTAL FUNDS CARRIED FORWARD 2,174,279 2,174,279
11. TA.NGIBLE FIXED ASSETS
Long term Leasehold
fixtures Refurbishments irnprovernents
COST
At
1 January 2020 and		 3I December 2020 3757II IIII 37 1957733
DEPRECIATION
At 1 January 2020 1,103 21,002 285,837
Charge for year 1,103 7421 19,264
At 31December 2020 2466 28,223 305,101
NET BOOKVALUE
At 3 I December 2020 25,364 80,084 1,602,132
At 31December 2019 26 467 87 305 1,621,396

11. TANGIBLE FIX ED ASSETS - continued
Digital(sound
k office Furniture
equipment k, f&xtures Totals
COST
At
1 January 2020		 and 3] December 2020 47 400 246 852 2+37+62
DEPRECIATION
At 1 January 2020 22,133 197,014 5279089
Charge for year 9,4$0 12,460 49528
At 31 December 2020 M60 209,474 576,617
NET BOOK VALUE
At 31 Decemb-er 2020 15,787 37378 1760745
At 31December 2019 25 267 49,838 1,810,273
12. STOCKS
31.12.20 31.12.19
Stocks ~104 4,788
13. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1220 31.12.19
Trade debtors 156 6,236
Other debtors 19840 450
VAT 1,715
Prepayments 10,964 12,432
14,675 19118
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20 31.12,19
Trade creditors 4,655 20,431
Social security and other taxes 2,&52
VAT lip,249
Other creditors 1,515
Event hire holding account 72 4,415
Gallery/craA
holding		 account 151
Deferred
income		 22,321 49,084
Accrued expenses 9 127 18,725
37,690 105907

MOVE MEN T IN FUNDS
Net
movement At
At 1.1.20 in funds 3E.12.20
Unrestricted funds
General fund 2,174,279 (40444) 2,133,935
TOTAL FUNDS 2,174/79 40
44		 2,133,935
Net movement in fLInds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 332,756 (373,100) (40444)
TOTAL FUNDS 332,756 f373,100) ~40344
Comparatives for movement in funds
Net
movement At
At 1,1,19 in funds 31,12.19
Unrestricted funds
General fund 2,143,792 30,487 2,174,279
TOTAL FUNDS 2,143,792 30487 2 174,279
Comparative net rnovernent in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 59E,395 (560,908) 30,487
TOTAL FUNDS 591,395 ~560908) 30,487

Net
movement At
in funds 3l..12.20
Unrestricted funds
General fund 2,143,792 (9,857) 2,l33,935
TOTAL FUNDS
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 924,151 (934,00S) (9,857)
TOTAL FUNDS 924,151 ~934,008) ~9,S57)