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2021-03-31-accounts

Contents ofthe Financial Statements
for the Year Ended 31lslarch 2021
Page
Report ofthe Trustees 1 to 5
Independent
Examiner's
Report
Statensent ofFinancial
Activities
Balance Sheet 8 to 9
Notes to the Financial Statements 10 to 16
Detailed Statement ofFinancial Activities 17

for the Year End ed 31March 2 021
31/3/21 31/3/20
Unrestricted Restricted Total Total
tund fund funds funds
Notes f 6
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 2 387,735 387,735 222,042
Other trading activities 3 4,915 4,915 23,484
Investment
income		 4 408 408 1,033
Other income 4,000 4,000 3,000
Total 397,058 397,058 249,559
EXPENDITURE ON
Raising funds 5 348,813 400 349,213 268,144
NET INCOME/(EXPENDITURE) 48445 (400) 47,845 (IB,585)
Other recognised
gains/(losses)
Gains/(losses)
on revaluation offixed assets		 (15B,062)
Net movement
in funds		 48,245 (400) 47,845 (176,647)
RECONCILIATION
OF FUNDS
Total funds brought
forward		 566,708 400 567,108 743,755
TOTAL FUNDS CARRIED FORWARD 614,953 614,953 567,108

31/3/21 31/3/20
Unrestricted Restricted Total Total
fund fund funds I'unde
Notes f 5
FIXEDASSETS
Tangible assets 9 371,900 371,900 379,G00
CURRENT ASSETS
Debtors 10 6,728 6,728 1,475
Cash at bank and in hand 244,392 244,392 189,027
251,120 251,120 190,502
CREDITORS
Amounts
falling		 due within one year 11 (S)067) (8,067) (2,994)
NET CURRENT ASSETS 243,053 243,053 187,508
TOTAL ASSETSLESSCURRENT
LIABILITIES 614,953 614,953 567.108
NET ASSETS 614)953 614,953 567,108
FUNDS 12
Unrestricted
funds		 G14,953 566,708
Restricted
funds		 400
TOTAL FUNDS 614,953 567,108

for the Year Ended 31March 2021 for the Year Ended 31March 2021 for the Year Ended 31March 2021
DONATIONS
AND LEGACIES
31/3/21 31/3/20
f
Donations 275 1,247
Grants 387,460 220,795
387,735 222,042
Grants received,
included		 in the above, are as follows:
31/3/21 31/3/20
f
Hull City Council Income 45,000 20,000
Arts Council England - NPO 66,549 65,347
Arts Council England - Catalyst 19,929
Arts Council England - CRF 65,775
National
Lottery income
76,425
Other grants 133,711 115,519
387,460 220,795
3. OTHER TRADING ACTIVITIES
31/3/21 31/3/20
Project income and room hire 4,915 23,484
4. INVESTMENT INCOME
31/3/21 31/3/20
5
Interest receivable - tradin 408 1,033
5. RAISING FUNDS
Raisiag donations and legacies
31/3/21 31/3/20
Support costs 169,778 167,613

RAISING FUNDS - con tinued
Other trading
activities
31/3/21 31/3/20
Purchases 179,435 )00,531
Aggregate
amounts		 349,213 268,144
NET INCOME/(EXPENDITURE)
Net incoine/(expenditure) is stated ager charging/(crediting):
31/3/21 31/3/20
Depreciation - oivned assets 7,700 3,100

STAFF COSTS
31/3/21 31/3/20
RVagcu and salaries 131,408 126,243
Social security costs 9,521 8,920
Other pension costs 2,647 2,631
143,576 137,794
The average
monthly		 number ofemployees dis ing the year ives as follows:
31/3/21 31/3/20
StaffCosts 8 8

Freehold Computer
property equipment Totals
COST
At 1 April 2020 and 31 March 2021 385,000 25,082 410,082
DEPRECIATION
At I April 2020 5,400 25,082 30,482
Charge for year 7,700 7)700
At 31 March 2021 13,100 25,082 38,182
NET BOOK VALUE
At 31 March 2021 371,900 371)900
At 31March 2020 379,600 379,600

DEBTORS:AMOUNTS
FALLING DUE VVITHIN ONE YEAR
31/3/21 31/3/20
f.
Trade debtors 6,002 719
Prepayments 726 756
6,728 1,475
CREDITORS: AIVIOUNTS FALLING DUE IVITHIN ONE YEAR
31/3/21 31/3/20
Trade creditors 1,837 1,032
Social security and other taxes 5,030 762
Accrued expenses 1,200 1,200
8,067 2,994

MOVEMENT IN FUN DS
Net
movement At
At I/4/20 in funds 31/3/21
Unrestricted funds
General
fund		 566,708 48,245 614,953
Restricted funds
Restricted
funds
400 (400)
TOTAL FUNDS 567,108 47,845 614,953
Net movement in funds, included in the above are as follotvs:
Incoming Resources Movement
resources expended in funds
f
Unrestricted funds
General
fund		 397,058 (348,813) 48,245
Restricted funds
Restricted
funds
(400) (400)
TOTAL FUNDS 397,058 (349,213) 47,845
Comparstives for movement in funds
Net
movement At
At I/O/19 in funds 31/3/20
f. f
Unrestricted funds
General
I'und		 678,622 (111,914) 566,708
Restricted
funds
Restricted
funds
65,133 (64.733) 400
TOTAL FUNDS 743,755 (176,647) 567,108

incoming Resources Gains and Movement
resources
f		 expended
f		 losses in funds
f
Unrestricted
funds
General
fund		 249,559 (203,411) (158,062) (111,914)
Restricted funds
Restricted
funds
(64,733) (64,733)
TOTAL FUNDS 249,559 (268,144) (158,062) (176,647)
Net
movement At
At I/O/I 9 in funds 31/3/21
f
Unrestricted funds
General fund 678,622 (63,669) 614,953
Restricted funds
Restricted
funds
65,133 (65,133)
TOTAL FUNDS 743,755 (128,802) 614,953
Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted
funds
General
fund		 646,617 (552,224) (158,062) (63,669)
Restricted
funds
Restricted funds
(65,133) (65,133)
TOTAL FUNDS 646,617 (617,357) (158,062) (128,802)

Detailed Statement ofFinancial Activities
for the Year Ended 31 iMarch 2021
31/3/21 31/3/20f
INCOME AND ENDOWMENTS
Donations
and		 legacies
Donations 275 1,247
Grants 387,460 220,795
387,735 222,042
Other trading activities
Project income and room hire 4,915 23,484
Investmcnt
income
Interest receivable - trading 408 1,033
Other income
Other giants 4,000 3,000
Total incoming resources 397,058 249,559
EXPENDITURE
Other trading activities
Purchases 179,435 100,531
Slippers costs
iVlanagement
Wo m 131,408 126,243
Social security 9,521 8,920
Pensions 2,647 2,631
Rates and water 106 2,086
Insurance 3,542 1,266
Light and heat 1,812 3,203
Telephone 3,635 3.207
Postage and stationery 1,010 2,258
Advertising 299 1,216
Sundries 4,290 3,547
Cleaning 1,442 1,816
Depreciation oftangible and heritage assets 7,700 8,823
167,412 165,216
Finance
Bank charges 561 537
Governance costs
Accountancy and legal fees 1,805 1.860
Total resources expended 349,213 268,144
Net income/(expenditure) 47,845 (18,585)