2021-03-31-accounts - Plymouth Music Zone Limited

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			Page
Page of Contents
Charity and Company information
Trustee's Report
Statement of Directors/Trustees		Responsibilities	36
Independent Examiners report			37
Statement of Financial Activities			38
Statement oftotal recognised		gains and losses	40
Movements in Accumulated	Funds		41
Balance sheet			42
Notes to the accounts
Detail Statement of Financial	Activities

				Unrestricted Funds	Restricted Funds	Total Funds	Last year total funds
			Notes	2021	2021	2021	2020
							8
Income from:
Donations and legacies				8602		8602	15669
Other trading activities				5098	2850	7948	33602
Investments				203		203	812
Charitable activities				75724	272365	348089	320806
Total Income				89627	275215	364842	370889
Expenditure on:
Charitible activites				38814	303454	342268	407750
Other costs				1320		1320	1320
Total Expenditure				40134	303454	343588	409070
Net Income/(net	expenditure)
before transfers	between funds			49493	-28239	21254	48181
Cross transfers	between funds			-25852	25852
Net income/(net	expenditure)	before
other recognised	gains and	losses		23841	-2387	21284	48181
Other recognised	gains and	losses
Net movement in funds				23641		21254	-38181
Reconciliation offunds
Total funds brought forward				210349	28798	239147	277328
Total funds carried forward				233990	28411	280401	239147

			2021	2020
Turnover			364,639	370,077
Direct costs ofturnover			342.268	407,750
Gross surplus/(deficit)			22,371	(37,673)
Other costs			1,320	1,320
Operating suplus/(deficit)			21,051	(38,993)
interest receivable				812
Surplus/deficit on ordinary	activities before tax		21.254	(38,181)
Surplus/deficit for the financial year			21,254	(38,181)
Gift Ald Payments
Retained surplus/(deficit)	for the financial	year	21.254	(38,181)

							2021	2020
Excess ofExpenditure over income before realisation ofassets							21,254	(38,181)
Loss per Profit and Loss accounts							21/54	(38,181)
Grants for the acquisition offixed assets							0	0
Net Movement in funds before taxation							21,254	(38,181)
Movements in revenue and capital funds
for the year ended 3'l March 2021
Revenue accumulated funds				Unrestricted		Restricted		Total	Last year
					Funds		Funds	Funds	Total Funds
					2021		2021	2021	2020
						E	E
Accumulated funds brought fonoard						0	28,798	28,798	67.607
Recognised gains and losses	before transfers				49,493		(28,239)	21,254	(38,181)
					49,493		559	50,052	29,426
Transfers betv.een restricted and unrestricted				funds	(25.852)		25,852	0	0
Transfers (to)/from designated	funds				(28,312)		0	(28,312)	(5,081)
Transfers (to)/from fixed asset	funds				4,671		0	4,671	4,453
Oosing revenue accumulated funds						0	26,411	26,411	28,798
Oesignated revenue funds								Total	Last year
								Funds	Total funds
								2021	2020
								E	E
At 1April								156,881	151,800
Transfer (to)/from revenue accumulated			funds					28,312	5,081
Transfer (to)/from designated	fixed asset		funds					0	0
At 31 March								185,193	156,881
The fxirposes for +Rich the designated		funds have been estabhshed			are describes		in the notes	tothe accounts.
Fixed asset funds				Oesignated		Restricted		Total	Last year
					Funds		Funds	Funds	Total Funds
					2021		2021	2021	2020
At 1 April					53,468		0	53.468	57,921
Transfer (to)/from designated	revenue	funds				0	0	0	0
Transfer (to)/from revenue accumulated			funds		4.671		0	4,671	4,453
At 31 March					48,797		0	48,797	53,468

Summary offunds		Oesignated	Unrestricted		Restricted	Total	Last Year
		Funds	Funds		Funds	Funds	Total Funds
		2021	2021		2021	2021	2020
Revenue accumulated	funds	0		0	26,411	26,411	28798
Revenue designated	funds	185,193		0	0	185,193	156881
Fixed asset funds		48797		0	0	48797	53468
Total funds		233990		0	26411	260401	239147

				2021	2020
Fixed Assets
Tangible assets				48,797	53,466
Total fixed assets				48,797	53.468
Current assets
Debtors			10	17.611	15,614
Cash at bank and in hand				214,123	181,801
Total current assets				231,734	197,415
Creditors
amounts due within one year			11	(20.130)	(11,736)
Net current assets				211,604	185,679
Total assets less current liabilities				260,401	239,147
Creditors
amounts due after more than	one year
Provisions for liabilities and charges
Net assets excluding pension	asset/liability			260,401	239.147
Net assets including penstion	assetfliability			260,401	239,147
The funds ofthe charity
Unrestricted income funds
Designated revenue funds				185,193	156,881
Unrestricted capital funds
Designated fixed asset funds				48.797
Total unrestricted funds				233,990	210,349
Restricted revenue funds
Restricted revenue accumulated		funds		26,411	28,798
Restricted fixed asset funds
Total restricted funds				26,411	28,798
Total charity funds				260,401	239,147


3	Surplus/(deficit) for the financial year				2021	2020
	This is stated after crediting-
	Revenue Turnover from ordinary		activities		364,639	370,076
	and after charging-
	Depreciation ofowned fixed assets				4,671	6,874
	Pension costs				8,655	9,837
	Independent Examiner's Fees				1,320	1,320
	Auditors' remuneration
	Other fees paid to the Examiners/auditors
4	Investment Income				2021	2020
	Bank deposit interest received				203	812
5	Deferred Incoming Resources	&	Reserves	- Unrestricted	funds
	Opening			Released	Received less	Deferred at
	Deferrals			from prior	released in	year end
				years	year
				E
	Simply Counselling
	Total
					2021	2020
					E	E
	These deferrals are included	in	creditors

Staff Costs and Emoluments	Staff Costs and Emoluments	2021	2020f
Gross Salaries		262,330	297,349
Employers National	Insurance	15,555	19,839
Pension Contributions		8,655	9,837
		286,540	327,025

		Freehold	Freehold	Leasehold	Plant,	Total
		Land and		Land and	Machinery
		Buildings		Buildings	&Vehicles
Asset cost, valuation	or revalued		amount
At 1 April 2020			25,845	39,129	156,123	221,097
Additions
Disposals
At 31 March 2021			25,845	39,129	156,123	221,097
Accumulated depreciation		and impairment		provisions
At 1 April 2020			5,418	13,247	148,964	167,629
Eliminated on disposals
Charge for the year			1,723	1,863	1,085	4,671
At 31 March 2021			7,141	15,110	148,964	172,300
Net book value
At 31 March 2021			18,704	24,019	6,074	48,797
At 31 March 2020			20,427	25,882	7,159	53,468
Debtors
					2021	2020
					E	E
Trade debtors					7,500	3,572
Prepaid expenses					2,399	7,042
Accrued income					7,712
Undeposited Funds						5,000
					17,611	15,614

Creditors: amounts	Creditors: amounts	falling	due within one year	2021	2020
Trade creditors				3,531	4,948
Accrued expenses				6,438	1,453
PAYE and Nl				3,385	5,335
Unpaid Pension	Contributions			1,776
Deferred income	and	grants	in advance	5,000
				20,130	11,736

At 31 March 2021	At 31 March 2021	Unrestricte	Designated	Restricted	Total funds
		d funds	funds	funds
				E
Tangible	Fixed Assets		48,797		48,797
Current	Assets		205,323	26,411	211,604
Current	Liabilities		(20,130)		(20,130)
			233,990	26,411	260,401
At 1 April 2020		Unrestricte	Designated	Restricted	Total funds
		d funds	funds	funds
Tangible	Fixed Assets		53,468		53,468
Current	Assets		168,139	29,276	197,415
Current	Liabilities		(11,736)		(11,736)
			209,871	29,276	239,147

				Movement	Movement	Movement	Transfers
			Funds at	s	in	Funds	between	Funds at
			2020	as		below	funds	2021
Desi nated	Funds
Development	fund		61,881			(5,000)	28,312	85,193
Building and	repair fund		30,000					30,000
Redundancy	and staff costs		55,000			5,000		60,000
Innovation fund			10,000					10,000
Unrestricted	fixed asset fund		53,468			(4,671)		48,797
Restricted Funds
Arts Council	- NPO				(24,622)		19,158	(5,464)
Youth Music	Breakthrough	Music	(17,176)			27,864	4,702	15,390
The National	Lottery Community		13,634		(15,320)		3,686	2,000
Fund
Lloyds Bank	Foundation		29,599			(9,378)	(1,866)	18,355
Trusts and Foundations						(5,153)	1,283	(3,870)
Knowledge Exchange			2,741			(1,629)	(1,112)
Other Restricted funds
Unrestricted	funds					54,163	(54,163)
General
			239,147			21,254		260,401

			Incoming	Outgoing	Gains &	Movement in
			Resources	Resources	Losses	funds
Desi nated	Funds
Development	fund					(5,000)
Building and	repair fund
Redundancy	and staff costs					5,000
Innovation fund
Unrestricted	fixed asset fund			(4,671)		(4,671)
Restricted Funds
Arts Council	- NPO		132,392,	(157,014)		(24,622)
Youth Music	Breakthrough	Music	61,519	(33,655)		27,864
The National	Lottery Community		35,349	(50,669)		(15,320)
Fund
Lloyds Bank	Foundation		18,105	(27,483)		(9,378)
Trusts and Foundations			25,000	(30,153)		(5,153)
Knowledge	Exchange		2,850	(4,479)		(1,629)
Other Restricted funds
Unrestricted	funds		89,627	(34,143)		54,163
General
			364,842	(342,267)		21,254

ncorporated chariti	es.
					Unrestricted	Restricted	Total	Prior Period
					Funds	Funds	Funds	Total Funds
					2021	2021	2021	2020
Income from:
Donations and legacies
Donations					8,002		8,002	15.554
Gift Aid					600		600	115
Total donarions and legacies					8,602		8,602	15.669
Music sessions					5,098	2,850	7,948
Other income received							0
Other trading activities					5.098	2,850	7,948
Invesrmenr Income
Bank deposit interest received					203		203	812
Total Investment Income					203		203	812
Income from chantable	activities
Youth Music grant						61,519	61,519	13.412
Arts Council England grant						132,392	132,392	130.000
Other funders					4,476	18,105	22,581	36,815
Knrnvledge Exchange						25,000	25,000	0
The National Lottery Community			Fund			35,349	35,349	140.579
PCC Small Business Grant - COVID 19					39,143		39,143	0
HMRC JRSGrant					32.105		32.105	0
Total Income from charitable		activites			75.724	272,365	348,089	320.806
Total Income					89,627	275,215	364.842	370,889
Charitable Expenditure:
Direct labour costs					32,760	133,239	165,999	155,881
Direct expenses						6,602	6,602	21,967
Salaries - Administrative	staff				(22,540)	142.733	120.193	148,608
Pension Contributions - Administrative				staff	8,655		8,655	9,837
Employers Nl - Administrative		staff			15,555		15,555	19.839
Other staff related costs						76	76	39
Premises costs					91	9,665	9,756	13,500
Equipment expenses						869	869	156
Office costs					760	8,095	8,855	30,026
Legal fees					(2,162)	2,175	13	12
Payroll charges					1,017		1,017	990
Depreciation ofassets used for charitable purposes					4,671		4,671	6,874
Other support cost					7		7	19
Total Expenditure on Charitable			Activites		38,814	303,454		407,748

				Unrestricted	Restricted	Total	Prior Period
				Funds	Funds	Funds	Total Funds
				2021	2021	2021	2020
Other costs
Auditor's remuneration						0	0
Independent	Examiner's	Fees		1,320		1,320	1,320
Other fees paid to the Examiners/auditors						0	0
Total Income	from charitable		activites	1,320		1,320	1,320

			The teedone l
			Lottery
			Community				SMSRefurb	Trusts 8
		General	Fluid	ACE	Knowledge	Sensory	6 Equipment	Foundadons	Youth Music	2021 Total	2020 TOLU
		C	C	C	C	C	C	C	C	C	C
lncomo riomf
Donauons BAd Icgacics		8,602								8.602	17169
Oger Uatsng BcUviUes		5.098				2.850				7.948	30752
veslmers income										203	812
Ohantabm Bcuvlues Other income		75,724		132,392	25.000			18.105	61.519	348.089 0	322156 ' 0
Total IAconte		89,627	35349	132392	25000	2650	0	18105	61519	364.842	370889
Errpcnddure on:
Chadta5C BctlviUes		38814	50669	157014	30153	3610	869	27483	33655	342268	407750
Diner cosh		1,320								1.320	1320
Total expenditure			50669	157014	30153	3610	869	27483	33655	. 343588	409070
Net IncotnelExpenditure	by Bdlvity	49,492	-15320	-24622	-5153		469	-9378	27864	2I254	-38181

			The	adonai
			Lottery					SMS Refurb
								8	Trusts d
		denerat		Fund	ACE	Knowledge	So~sory	Equipment	FotafdaUons	Youth seusic	2021 Total	2020Total
		C		C	C	C	C	C	C	C	C
Nature olcosts
Direct labour cost					70823	IT924			5466		166999	155881
DifCCt expenses					2643				3959		6602	21966
Equipment costs											869	156
DepfeclBUOA		4671									4671	6874
Wages d sBIBfies		-22540			73127				15436	ISZZ4	120193	158445
Pension Contnbutiors		8655									8655	0
MBUOABI IARÃQACC		15555									15555	19839
Olhef staff rettted costs		0		14	37	6	I		9	9	76	37
Omce rosie		760		988	4287	788	102		1060	870	8854	30025
Premises costs		91		1223	4966	1014	128		1295	1039	9756	13500
Other support costs		7									7	19
Prolesslonai tees		-1145		317	1131						1030	1008
Total costs anatysed	by acdvhy	38813		50669	157014	30153	3610	869	27483	33655	342267	40T750