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2021-03-31-accounts

Trustees R R Kigwana
A D Williams
G E Mazzei
E Burns (Appointed 26 July 2021)
PA Rutter (Appointed 28 October
2021)
Secretary J Hibberd
Charity number 1091615
Company number 04259502
Registered office New England House Unit C
Level 8 North
New England Street
Brighton
BN1 4GH
Independent examiner Philip Eardley
UHY Hacker Young
6 Broadfield Court
Broadfield
Way
Sheffield
S8 OXF
Bankers Lloyds Bank PLC
25 Gresham Street
London
EC2V 7HN

Page
Trustees'
report		 1-9
Statement
ofTrustees'		 responsibilities 10
Independent
examiner's		 report
Statement
of financial
activities		 12-13
Balance sheet 14
Statement
ofcash flows		 15
Notes to the financial
statements		 16-27

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2021 2020
Notes F E
Current assets
Debtors 35,625 43,437
Cash at bank and in hand 176,873 81,144
212,498 124,581
Creditors: amounts falling due within
one year 12 (8,388) (14,656)
Net current assets 204,110 109,925
Income funds
Unrestricted funds
Designated funds 15 117,993 27,808
General
unrestricted		 funds 86,117 82,117
204,110 109,925
204,110 109,925

2021 2020
Notes
Cash flows from operating activities
Cash generated from/(absorbed
by)		 18
operations 95,699 (9,530)
Investing activities
Investment income received 30 58
Net cash generated
from		 investing
activities 30 58
Net cash used in financing activities
Net increase/(decrease) in cash and cash
equivalents 95,729 (9,472)
Cash and cash equivalents at beginning ofyear 81,144 90,616
Cash and cash equivalents at end of year 176,873 81,144

Unrestricted Unrestricted
funds funds
general general
2021 2020
F E
Donations and gifts 75
Grants receivable 291,375 249,999
291,450 249,999
Grants receivable for core activities
Arts Council England, South East 254,599 249,999
Corona Virus Job Retention Scheme 36,776
291,375 249,999

CoreVirgin Territory Shut Down In Loco Total Total
Parentis 2021 2020
2021 2021 2021 2021
f f f
Earned income within
charitable activities 792 2,145 2,250 1,600 6,787 35,949
Performance related
grants 6,680
Other income 14,034
792 2,145 2,250 1,600 6,787 56,663
Analysis by fund
Unrestricted funds-
general 792 2,145 2,250 1,600 6,787 49,983
Restricted funds 6,680
CoreVirgin Territory Shut Down In Loco Total
Parentis 2020
Earned income within charitable
activities 13,748 3,751 800 17,650 35,949
Performance related grants 3,000 3,680 6,680
Other income 14,034 14,034
16,748 3,751 800 35,364 56,663
Analysis by fund
Unrestricted funds —general 13,748 3,751 800 31,684 49,983
Restricted funds 3,000 3,680 6,680
16,748 3,751 800 35,364 56,663

Unrestricted Unrestricted
funds funds
general general
2021 2020
F F
Bank interest 30 58
5 Raising funds
Unrestricted Unrestricted
funds funds
general general
2021 2020
F F
~Fundraiain
Seeking donations, grants and legacies 1,760
Staff costs 7,907 19,435
Fundraising
7,907 21,195
7,907 21,195

Core Virgin Shut Down In Loco Total Total
activities Territory Parentis 2021 2020
F E E P
Staff costs 50,863 50,863 50,805
Insurance 28
Professional and technical
fees 6,250 147 147 6,544 35,046
Bank charges 15
Travel 558 558 6,429
Research and
development 8,142
Sundries 479
Marketing 300 300 9,028
UK Touring and projects 1,928 1,928 77,018
57,671 147 147 2,228 60,193 186,990
Share of support costs
(see note 8) 132,768 132,768 100,624
Share of governance costs
(see note 8) 3,214 3,214 3,544
193,653 147 147 2,228 196,175 291,158
Analysis by fund
Unrestricted funds—
general 193,653 147 147 193,947
Unrestricted funds—
designated 2,228 2,228
193,653 147 147 2,228 196,175

Core Virgin Shut Down In Loco Total
activities Territory Parentis 2020
E F F E'
Staff costs 33,693 17,112 50,805
Insurance 28 28
Professional and technical fees 27,935 1,468 2,018 3,625 35,046
Bank charges 15 15
Travel 5,087 890 445 7 6,429
Research and development 19 240 7,883 8,142
Sundries 236 48 195 479
Marketing 73 8,955 9,028
UK Touring and projects 178 76,840 77,018
67,148 2,406 2,776 114,660 186,990
Share of support costs (see note 8) 100,624 100,624
Share ofgovernance costs (see note 8)
3,544 3,544
171,316 2,406 2,776 114,660 291,158
Analysis by fund
Unrestricted funds - general 168,316 2,406 2,776 73,539 247,037
Unrestricted funds —designated 37,441 37,441
Restricted funds 3,000 3,680 6,680
171,316 2,406 2,776 114,660 29'I,158

Support cos ts
Support Governance 2021 Support Governance 2020
costs costs costs costs
f F E E
Staff costs 90,512 90,512 56,747 56,747
Premises 24,910 24,910 23,108 23,108
Insurance 1,949 1,949 2,288 2,288
Communications 6,088 6,088 5,133 5,133
Bank charges 226 226 229 229
Research and
development 1,340 1,340 762 762
Training 6,514 6,514 914 914
Sundry expenses 1,229 1,229 1,676 1,676
Marketing 9,767 9,767
Legal and professional 1,431 1,431 1,481 1,481
Board meetings 330 330
Annual
return		 fee 13 13 13 13
Independent examiner's
fees 1,770 1,770 1,720 1,720
132,768 3,214 135,982 100,624 3,544 104,168
Analysed
between
Charitable
activities		 132,768 3,214 135,982 100,624 3,544 104,168

2021 2020
Number Number
Creative team
Management team
Total

10 Employees (Continued)
Employment costs 2021 2020
f.
Wages and salaries 137,288 113,683
Social security costs 8,884 10,081
Other pension costs 3,110 3,223
149,282 126,987
There were no employees whose annual remuneration was 260,000 or more.
11 Debtors
2021 2020
Amounts
falling due		 within one year:
Trade debtors 1,709 12,490
Other debtors 263
Prepayments and accrued income 33,653 30,947
35,625 43,437
12 Creditors: amounts falling due within one year
2021 2020
F E
Other taxation and social security 3,066 4,380
Trade creditors 63 3,088
Accruals and deferred income 5,259 7,188
8,388 14,656

Movement in funds Movement
in funds
Incoming Resources Balance at Incoming Balance at
resources expended 1 April 2020 resources 31 March 2021
f. P
Chalk Cliff Trust 3,000 (3,000)
Sussex Community Foundation 3,680 (3,680)
6,680 (6,680)

Balance at Resources Transfers Balance at Resources Transfers Balance at
1 April 2019 expended 1 April 2020 expended 31 March 2021
E F F P F
In Loco
Parentis 37,441 (37,441) 27,808 27,808 (2,228) (25,580)
Hold Tight 86,430 86,430
Home Truths 31,563 31,563
37,441 (37,441) 27,808 27,808 (2,228) 92,413 117,993

Cash generated
from		 Cash generated
from		 operations operations 2021 2020
F F
Surplus/(deficit)
for the		 year 94,185 (5,633)
Adjustments for:
Investment income recognised in statement of financial activities (30) (58)
Movements in working capital:
Decrease
in		 debtors 7,812 21,341
(Decrease) in creditors (6,268) (25,180)
Cash generated
from/(absorbed		 by) operations 95,699 (9,530)