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2021-03-31-accounts

Charity Registration No. 1092735

Company Registration No. 4361648 (England and Wales)

VITA NOVA

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

VITA NOVA

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees M Hancock P Dyer P Allen L Buswell Charity number 1092735 Company number 4361648 Principal address 11 Roumelia Lane Boscombe Dorset BH5 1EU Registered office 11 Roumelia Lane Boscombe Dorset BH5 1EU Independent examiner F J Wilde FCCA MBA DChA Warner Wilde 4 Marigold Drive Bisley Surrey GU24 9SF

Co-operative Bank Plc

Bankers

(Appointed 11 March 2021) (Appointed 6 December 2021)

VITA NOVA

CONTENTS

Page
Trustees' report 1 - 5
Independent examiner's report 6
Statement of financial activities 7
Balance sheet 8
Notes to the accounts 9 - 17

VITA NOVA

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2021

The trustees present their report and financial statements for the year ended 31 March 2021.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

The objectives of this charity are: The advancement of public education in drug and alcohol awareness including issues related to sexual health, health, mental health, anti-social behaviour and bullying, in particular through public performances, drama productions, workshops and talks, and

The relief of recovering addicts and people with mental health issues, through the provision of training and diversionary activities and there has been no change in these activities during the year.

Public Benefit

The Trustees have referred to the guidance in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning its future activities. They do not consider that the charity’s activities include any potential detriment or harm or that they convey any significant incidental private benefit.

Activities

The charity’s main activities are based in the local community and across Dorset and Hampshire providing drama based education products in schools and other youth and community projects together with ongoing workshops and support to those in recovery, mental health issues and marginalized members of the local community.

VITA NOVA

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance From the Chair Martin Hancock

Vita Nova’s financial situation improved during the year despite the significant impact of Covid and we were able to access a number of new funds to keep our members connected and supported during a very challenging time for many. Loneliness and lack of physical and group contact could have been very serious where members are in recovery from addiction and the consequences of impact on mental health.

Thanks to the considerable efforts of our Artistic Director Sharon who we have been able to employ for an increasing number of hours during the year, there were no relapses across the members that we were able to engage during the initial lockdowns when we moved to online services and simple telephone contact. Sharon was well supported by volunteers and per member support.

I have been Chair of the Vita Nova Trustees since May 2015 and very grateful of the commitment and energy of the other Trustees ensuring we continue to support our members in their recovery. During this financial year our board membership also remained stable and we are seeking to expand the number of Trustees especially around the creative arts areas as well as financial and governance. We have one established Vita Nova service user/volunteer on the Board

Due to restrictions on access into Schools we were unable to fully deliver the BBC Children in Need final year funded work, despite having opportunities all lined up. Unfortunately the funders were not willing to roll forward into 2021/22 financial year even though we had two schools ready to take us back in late Spring / early summer.

Delivery to participants:

Before the third lockdown we were able to have socially distanced sessions.

Christmas 2020 we managed to have a Christmas meal delivered by Unity in Vision- who served a two course, meal to all, members. It was an important event as we were able to eat together and celebrate Christmas.

Sustaining the participants at Vita Nova during lockdown

Throughout lockdowns we have continued to deliver workshops- ZOOM workshops

We continued with a ‘blended ‘ offer of physical and zoom workshops and got funding to help pay for internet connections for members who were not able to connect online. That has been literally life changing for those members.

Link with Bournemouth University

We had two students from 'Community and Digital Engagement'

Due to Covid this was challenging – but we managed to film excerpts of ‘The Nest’ just before Christmas. We were invited to be part of the BU presentation Tawa who was interviewed by the students and Sharon were present.

VITA NOVA

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Training link with the Bournemouth and Poole College

Brain Tripp Lecturer Foundation Studies the course is: A2FE Progress Certificate.

All 7 participants successfully completed this course and hope to move onto the next course when it re opens past Easter 2021.

Special projects

T he film BCP and NHS

This was an exciting project around recovery and mental health that came out of the COVID situation. The commission entailed writing a short film script. This was then considered and we were then given the go ahead to make the film. The film has been shown in treatment centres to begin with and accompanied with a post Question and Answer session with viewers and cast members. This did raise our profile greatly and ensure links with treatment centres as well as a new source of funding.

We are continuing to develop a near-full weekly calendar of activities, with Drama flourishing, enrichment projects/opportunities coming in. Creative writing, Textiles, Music group, theatre and more drama workshops established.

Arts Activities

Apart from their flagship theatre group , Vita Nova offers arts workshops in music, creative writing, textiles, digital media and ‘open studio’. We are in the process of creating a small gallery. Engaging with these pursuits helps participants to regain their confidence and self-esteem. Vita Nova is working towards a full arts curriculum for participants.

Vita Nova is developing its work in offering pathways to education and training. Whilst our aim is to make thought provoking theatre and arts work, we also strive for aesthetic excellence .

Locally

Vita Nova is part of the cultural landscape of Boscombe, Bournemouth. Through the arts, in particular theatre, Vita Nova contributes towards having a healthier, safer community. Vita Nova is a charity providing a vital stepping-stone back into the community for those in recovery.

What value Vita Nova creates

Particpants

Vita Nova works in an holistic way actively supporting members with their on going recovery programmes and is tool that works against the ‘revolving door syndrome’ be it back to treatment centres, mental health institution or prison. Vita Nova offers meaningful engagement especially with their community theatre work where through the safely of a fiction they can tell and share their stories with the wider community.

Volunteer participants have the opportunity to take part in its flagship community theatre work as part of their

ongoing recovery.

Being part of Vita Nova builds participant’s self-worth, self-esteem within a safe supportive and caring environment. Members talk about Vita Nova as a ‘family.’ Engaging with the project gives participants purpose.

Community

Vita Nova’s Educational and Outreach work is at the heart of their work.

VITA NOVA

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Economically: Vita Nova is of great benefit to the local community by helping to prevent people from relapsing, post treatment. This means that people do not have to access mental health facilities, rehabilitation centre or prison.

Crime: Vita Nova helps counter crime . Vita Nova is part of the holistic recovery scene within the area. Vita Nova – helping to create a healthy community in Boscombe. Not only does this contribute to the participants well- being it also prepares people for their next step in life. Prevention work by Vita Nova is vital.

Alcohol and Drug Abuse: Vita Nova provides effective and challenging drugs/alcohol awareness through

Vita Nova provides people recovering from drug/alcohol addiction a means of putting their life experience to use, benefiting society, whilst giving them structure, self-esteem and new skills.

Vita Nova has over the years helped hundreds of people on their journey be it education, employment or in finding a way to live a positive, fulfilling and healthier life style.

Vita Nova is most definitely the lifeline for so many people and long may it continue as we strengthen the expertise amongst the Trustees and hopefully get back into schools in 2021/2022 as well as develop our KickStarter’s (government support initiative) Millie and Dani during their 6 month contracts having started in May 2021. Exciting times ahead.

Financial review

The charity has maintained its level of activities with the assistance of a grant for core costs from . The budget for 2020/2021 was approved and indicates that a combination of revenue income, reserves and grant funding will ensure the charity continues to be financially sustainable.

Income for the year was £14,824 (2019: £22,561). Expenditure was £17,891 (2019: £19,399), resulting in a small deficit of £3,067 (2019: surplus £3,162). At the end of the year total reserves were £14,694 of which £7,899 was unrestricted and £6,795 was restricted.

Reserves

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised.

This level of reserves has been maintained throughout the year.

Risk Management

The Trustees have considered the major risks to the Charity and ongoing Funding exposure and have reviewed those risks and established systems and procedures to manage them.

Procedures are in place to cover health and safety, vulnerable adults and child protection, safeguarding, equal opportunities, disciplinary and alcohol and drugs policies.

Structure, governance and management

Vita Nova is a company limited by guarantee and not having a share capital and is governed by its Memorandum and Articles of Association.

The company is a registered charity.

VITA NOVA

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

V Joliffe (Resigned 26 February 2021) E Bellhouse (Resigned 21 July 2021) M Hancock B Swann (Resigned 21 July 2021) P Dyer M Cummins (Resigned 3 November 2020) P Allen (Appointed 11 March 2021) L Buswell (Appointed 6 December 2021)

New Trustees are recruited to fill vacancies identified by the Trustees skills audit. Their election must be confirmed by the members of the company in general meeting. One third of the Trustees’ compliment is required to retire by rotation each year and may offer themselves for re-election by the members of the company.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 0 in the event of a winding up.

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

The trustees' r eport was approved by the Board of Trustees.

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.............................. M Hancock Trustee 6 December 2021 Dated: .........................

VITA NOVA INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF vrrA NOVA I report to the trustee5 on my eXaMTht￿ of the financ9￿ ststements of Vits Nova (the ¢knty) for the year ended 31 March 2021. Rupon$lblllU•s ond ba•ls of rgport A8 the trusloos of the d)adty land 81s0 Its dlwtors for the purF¥)ses of company lawl you ate responsible for tho proparation of Ihg fina￿￿al statements in accordance with the requirermnts of the Companies Act 2006 Ilhe 20[￿ Acti. He￿n9 sausfiod myself thot the flnandal ststoffwts ol the dwrity ar9 rnt roquir￿1 to be a￿lIted und8r Part 16 of the 2(#]6 Ad and are eligible for independanl examination. I rewt in respect of my examinatlon of th charity's financial slalements canied syjt under section 145 of the Ch8rllles Act 2011 (the 2011 Actl. In carrylng out my examination I havo followed all the appli¢ablo Diroctknns given by the Charfty Commlsslon under Sedon 14515Kb) of th8 2011 A An 9Xomlnatlon Indudes a rovlew of th8 accountlrvj records kept by the charity and a comparison of the accounts presented those rectyds. It 8180 Includes conwderdtlon of any unusual Stoms or di￿10sure$ Sn th• accounts. and see￿.n9 eX￿anatiOnS from the trustees cLJnceming any such matters. The procedures und8rtak8n do r￿t provlde 811 the 8vld8nce that woukl b& requlred In an and con8equenUy no oplnlon 18 gSven as to vthether the accounts presenl a 'true and falr. wew and the report Is um51￿j lo th059 mattors sel out In tho statsment below. Indep•nd•nt •xwnln•rfs •tst•m•n¢ I have comt4eled my examlnafjon. I c*nfirm that no matters have come to my attenuon kn o)nnectkn vAlh tha 8xomlnaOon givSng ma cause to bellev& that in any matertal respe acCoun￿ng re￿1(18 wore r¥)t kopt In r¥3￿ of tho chgrlty as r8qutr8d by secuon 386 of th8 2006 Act.. the financld $taternents do not a￿(￿d wlth those Teo)rd8', or the financial statements do not comply wlth the accoun￿￿ requirements of section 396 of the 2006 Act other than any requlremnt that the 8cctyJnts gNe a tru8 and fdr vlew whlch Is not a matter consldered 86 part of an Independent examlnatlon: or the ftnanclal 8talements have not been wepared In accordance wllh the metrK)d8 and prfnclplos of the Statement of Recommended Practbco for a¢￿Un￿ng ond rgporting by charftl8s appllcable to charflies preparing their a¢￿￿nts in accordan¢x the Finanoyal RepOrtir￿ Standard appluble in the UK and Republlc of Ireland IFRS 102). I have no con¢em8 and havè come 8CTOB8 other matter5 In connecllon wllh the eXamIna￿On to whlch attention should b8 drawn In thls report In ordor to ena￿8 a wjpar undarstandlng of tha fina￿181 statemonts to be reached. F J Wlde FCCA MBA DCh4 Wamer Wilde 4 Marigokl Drive Bls19y Surrey GU24 9SF 7 loa I

VITA NOVA

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Unrestricted
Restricted
funds
funds
2021
2021
Notes
£
£
Income from:
Donations and legacies
3
1,175
-
Charitable activities
4
21,565
15,837
Total income
22,740
15,837
Expenditure on:
Charitable activities
5
2,811
13,255
Net incoming/
(outgoing) resources
before transfers
19,929
2,582
Gross transfers
between funds
(1,583)
1,583
Net income/(expenditure)
for the year/
Net movement in funds
18,346
4,165
Fund balances at 1
April 2020
7,899
6,795
Fund balances at 31
March 2021
26,245
10,960		 TotalUnrestricted
Restricted
funds
funds
2021
2020
2020
£
£
£
1,175
267
-
37,402
2,327
12,230
38,577
2,594
12,230
16,066
1,497
16,394
22,511
1,097
(4,164)
-
-
-
22,511
1,097
(4,164)
14,694
6,802
10,959
37,205
7,899
6,795		 Total
2020
£
267
14,557
14,824
17,891
(3,067)
-
(3,067)
17,761
14,694

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

VITA NOVA

BALANCE SHEET

AS AT 31 MARCH 2021

Notes
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within
one year
11
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
12
Unrestricted funds		 2021
£
5,537
41,395
46,932
(9,825)		 £
98
37,107
37,205
10,960
26,245
37,205		 2020
£
772
15,244
16,016
(1,453)		 £
131
14,563
14,694
6,795
7,899
14,694

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2021.

The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on ......................... 6 December 2021

.............................. M Hancock Trustee

Company Registration No. 4361648

VITA NOVA

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

Charity information

Vita Nova is a private company limited by guarantee incorporated in England and Wales. The registered office is 11 Roumelia Lane, Boscombe, Dorset, BH5 1EU.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling , which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

VITA NOVA

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

(Continued)

1.5 Expenditure

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements 3 years straight line Plant and equipment 25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

VITA NOVA

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

(Continued)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

VITA NOVA

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

3 Donations and legacies

Unrestricted Unrestricted
funds funds
2021 2020
£ £
Donations and gifts 1,175 267
4 Charitable activities
2021 2020
£ £
Sales within charitable activities 5,065 2,327
Performance related grants 32,337 12,230
37,402 14,557
Analysis by fund
Unrestricted funds 21,565 2,327
Restricted funds 15,837 12,230
37,402 14,557
Performance related grants
BBC Children in Need (1,583)
400
George Temperance Trust - 9,850
Dorset Community Fund 2,500 1,980
Arts Council 15,000 -
Local Connect Fund 2,420 -
32,337 12,230

VITA NOVA

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

5 Charitable activities

Depreciation and impairment
Share of support costs (see note 6)
Share of governance costs (see note 6)
Analysis by fund
Unrestricted funds
Restricted funds
Support costs
Support
costs
Governance
costs
£
£
Staff costs
3,576
-
Premises and other
support costs
11,552
-
Accountancy and IE
-
905
15,128
905
Analysed between
Charitable activities
15,128
905		 2021
£
33
15,128
905
16,066
2,811
13,255
16,066
2021
Support
costs
Governance
costs
£
£
£
3,576
-
-
11,552
16,875
-
905
-
714
16,033
16,875
714
16,033
16,875
714		 2020
£
302
16,875
714
17,891
1,497
16,394
17,891
2020
£
-
16,875
714
17,589
17,589

6 Support costs

7 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

VITA NOVA

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

8 Employees

There was 1 employee during the year.

Employment costs
Wages and salaries
Other pension costs		 2021
£
3,550
26
3,576		 2020
£
-
-
-

There were no employees whose annual remuneration was £60,000 or more.

9 Tangible fixed assets

Leasehold
improvements
Plant and
equipment
£
£
Cost
At 1 April 2020
8,685
20,485
Disposals
-
(4,285)
At 31 March 2021
8,685
16,200
Depreciation and impairment
At 1 April 2020
8,684
20,355
Depreciation charged in the year
-
33
Eliminated in respect of disposals
-
(4,285)
At 31 March 2021
8,684
16,103
Carrying amount
At 31 March 2021
1
97
At 31 March 2020
1
130
10
Debtors
2021
Amounts falling due within one year:
£
Trade debtors
5,064
Other debtors
473
5,537		 Total
£
29,170
(4,285)
24,885
29,039
33
(4,285)
24,787
98
131
2020
£
-
772
772

VITA NOVA

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

11 Creditors: amounts falling due within one year

Other taxation and social security
Other creditors
Accruals and deferred income		 2021
£
130
7,712
1,983
9,825		 2020
£
-
-
1,453
1,453

VITA NOVA

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

12 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Movement in funds Movement in funds Movement in funds Movement in funds
Balance at Incoming Resources Balance at Incoming Resources Transfers
Balance at
1 April 2019 resources expended 1 April 2020 resources expended 31 March 2021
£ £ £ £ £ £ £
£
Arts Council England 1,159 1,980 (3,139) - 15,000 (6,460) -
8,540
Public Education 9,800 9,850 (12,855) 6,795 4,850 (13,228) 1,583
-
Local Connect Fund - - - - 2,420 - -
2,420
10,959 11,830 (15,994) 6,795 22,270 (19,688) 1,583
10,960

Arts Council England : emergency response fund

Public Education : George Temperance Trust and BBC Children in Need funds to support public education, such as delivering preventative education in schools and colleges.

Local Connect : funding for the Community and Connect project, helping communities thrive.

VITA NOVA

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

13
Analysis of net assets between funds
Unrestricted
funds
Restricted
funds
2021
2021
£
£
Fund balances at 31
March 2021 are
represented by:
Tangible assets
98
-
Current assets/
(liabilities)
26,147
10,960
26,245
10,960		 TotalUnrestricted
funds
Restricted
funds
2021
2020
2020
£
£
£
98
131
-
37,107
7,768
6,795
37,205
7,899
6,795		 Total
2020
£
131
14,563
14,694

14 Related party transactions

There were no disclosable related party transactions during the year (2020 - none).