|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||
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|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|
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||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|
##
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|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|
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|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|
##
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|||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|
##
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|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)|