2021-03-31-accounts

Index to the Financial	Statements
for the year ended
31 March 2021
		Page
Charity Information
Trustees' Report		2	-6
Independent Examiner's	Report
Statement of Financial	Activities
Statement of Financial	Activities Comparative
Balance Sheet		10	-11
Notes to the Financial Statements		12	-16

Statement of Financial Activities	Statement of Financial Activities
for the year ended
31 March 2021		31 March 2021			31 March 2020
	Notes	Restricted	Unrestricted	Total	Total
INCOME
Donations and grants
Grants receivable	2	47,559	135,504	183,063	197,388
Income from charitable activities
Promotions	3	153	1,093	1,246	68,398
Other trading activities
Fundraising					1,000
Income from Investments
Investment income			360	360	503
Total Income		47,712	136,957	184,669	267,289
EXPENDITURE
Costs of raising funds
Fundraising costs
Expenditure on charitable	activities
Charitable activites	7	57,823	93,401	151,224	268,869
Total expenditure		57,823	93,401	151,224	268,869
Net income I(expenditure)		(10,111)	43,556	33,445	(1,580)
Total funds brought forward		55,948	62,421	118,369	119,949
Transfers between funds		(2,640)	2,640
Total funds carried forward	14	43,197	108,617	151,814	118,369
Fixed Asset Reserves			7,702	7,702	5,492
General Reserves		43,197	100,915	144,112	112,877
Total		43,197	108,617	151,814	118,369

		Restricted	Unrestricted	Total
			2	2
INCOME
Donations and grants
Grants receivable		83,831	113,557	197,388
Income from charitable activities
Promoiions		2,328	66,070	68,398
Other trading activities
Fundraising		0	1,000	1,000
Trading income
Income from investments
investment income		0	503	503
Total Income		86,159	181,130	267,289
EXPENDITURE
Costs of raising funds
Fundraising costs
Expenditure on charitable	activities
Charitable activites		68,142	200,727	268,869
Total expenditure		68,142	200,727	268,869
Net income / (expenditure)		18,017	(19,597)	(1,580)
Total funds brought forward		37,931	82,018	119,949
Transfers between funds		0	0	0
Total funds carried forward		55,948	62,421	118,369
Fixed Asset Reserves			5,492	5,492
General Reserves		55,948	56,929	112,877
Total		55,948	62,421	118,369

Balance Sheet
as at
31 March 2021
		Notes	31 March	2021	31 March	2020
			2	2	2	2
Fixed Assets
Tangible fixed assets		10		7,702		5,492
				7,702		5,492
Current Assets
Debtors			7,500		2,412
Cash at bank and in	hand		139,289		112,381
			146,789		114,793
Creditors: amounts	falling	due within one year
Creditors and accruals		12	2,677		1,916
Net Current Assets				144,112		112,877
Total Assets less Current		Liabilities		151,814		118,369
Creditors: amounts	falling	due In more than one	year
Grants		10
NET ASSETS				151,814		118.369
Funds
Restricted funds		13		43,197		55,948
Unrestricted funds				108,617		62,421
		14		151,814		118,369

Notes	to the Financial	Statements	Statements	Statements
for the year ended
31 March 2021
						31	March 2021
						Restricted	Unrestricted	Total	31 March 2020
							2
2	Grants receivable
	ACE NPO Funds					12,724	74,969	87,693	85,831
	ACE NPO Funds	(AOW)				34,311		34,311	33,969
	ACE Catalyst (Arts Alive)								16,567
	Cumbria County	Council					10,000	10,000	10,000
	Cumbria Community		Foundation						700
	Durham County	Council				524	8,850	9,374	9,374
	EDC COVID Support		Grant				8,835	8,835
	EDC Highlighting	Eden		Grant			15,000	15,000
	Foyle Foundation								15,000
	NRTF						2,750	2,750	1,847
	Northumberland	Community			Foundation				1,000
	Northumberland	CC					10,000	10,000	10,000
	Shears Foundation								5,000
	South Lakeland	DC					5,100	5,100	5,100
	Willan Charitable	Trust							3,000
						47,559	135,504	183,063	197,388
3	Promotions
	Workshop income					153		153	760
	Ticket sales						186	186	60,152
	Reimbursed expenses								70
	Other income						646	646	1,284
	Gift aid								335
	Donations						261	261	2,189
	Promoters membership			fees					3,608
						153	1,093	1,246	68,398
4	Fundraising
	Sponsorship								1,000
									1,000
5	Investment income
	Bank interest received						360	360	503
							360	360	503
6	Costs of raising	funds
	Fundraising costs

							31 March 2021
					Restricted		Unrestricted	Total	31 March 2020
					2		2	2	2
7	Charitable		activities
	Promotions		Costs		2,050		24,687	26,737	111,615
	Staff costs				16,911		51,364	68,275	88,329
	Administration					394	6,294	6,688	12,814
	Marketing	and Advertising			4,157		350	4,507	11,222
	Grants payable				34,311		600	34,911	34,569
	Premises	and other costs					6,775	6,775	7,613
	Interest and		charges						13
	Depreciation						2,561	2,561	1,824
	Legal and	professional					770	770	870
					57,823		93,401	151,224	268,869
8	Employee		Remuneration				31 March 2021		31 March 2020
							2		2
	Staff costs
			Wages				62,154		60,250
			Employers	Pensions			1,546		1,448
			Freelance work				3,250		16,007
			Travel				31		9,113
			Recruitment
			Staff training				1,294		1,511
							68,275		88,329

ing	the y	ear was as f	ollows;
31	March	2021	31	March 2020
	No.			No.

		Capital	Fixtures &
		Equipment	Fittings	Total
				2
COST
At	1 April 2020	15,476	9,288	24,764
Additions		4,771		4,771
At	31 March 2021	20,247	9,288	29,535
DEPRECIATION
At 1 April 2020 Charge for year At 31 March 2021		(10,576) ~2.4170 ~12.992	(8,696) ~444 ~00,040	(19,272) ~2,501 21,833
NET	BOOK VALUE
At	31 March 2021	7,254	448	7,702
At	31 March 2020	4,900	592	5,492

Debtors	31 March 2021	31 March 2020
Trade debtors	7,500	2,412
	7,500	2412

ors: amounts	falling due within on	e year
		31 March 2021	31 March 2020
Trade creditors		1,224	1,506
Other creditors
Other taxation	&social security	583	(390)
Accruals		870	800
Deferred income
		2,677	1,916

13	Funds		At	Incoming	Outgoing		At
			1 April 2020	Resources	Resources	Transfers	31 March 2021
	Projects 8 Restricted funds		2		2
	Creative Engagement		6,406	8,733	(10,087)		5,052
	Arts Out West			34,311	(34,311)
	Catalyst Fundraising		35,083			(3,411)	31,672
	Comms and Website Project		14,459	4,668	(13,425)	771	6,473
			55,948	47,712	(57,823	2,640	43,197
14	Net Assets by fund		Restricted	Unrestricted	Designated		Total
							2
	Tangible fixed assets			7,702			7,702
	Current assets		43,197	103,592			146,789
	Creditors: amounts	falling due		(2,677)			(2,677)
	within one year
	Total net assets		43,197	108,617			151,814

							31 March 2021		31 March 2020
INCOME
Grants receivable
	ACE NPO Funds						87,693		85,831
		ACE NPO Funds	(AOW)				34,311		33,969
		ACE Catalyst (Arts Alive)							16,567
		Cumbria County	Council				10,000		10,000
		Cumbria Community		Foundation					700
		Durham County	Council				9,374		9,374
		EDC COVID Support		Grant			8,835
		EDC Highlighting	Eden Grant				15,000
		Foyle Foundation							15,000
		NRTF					2,750		1,847
		Northumberland	Community			Foundation			1,000
		Northumberland	CC				10,000		10,000
		Shears Foundation							5,000
		South Lakeland	DC				5,100		5,100
		Willan Charitable	Trust						3,000
								183,063		197,388
Income	from charitable activities
Promotions
		Workshop income					153		760
		Ticket sales					186		60,152
		Reimbursed expenses							70
		Other income					646		1,284
		Gift aid							335
		Donations					261		2,189
		Promoters membership			fees				3,608
								1,246		68,398
Income	from fundriaising
		Sponsorship							1,000
										1,000
Investment		income
		Bank interest received					360		503
								360		503
Total income								184,669		267,289

31 March 2	021
					31 March 2021	31 March 2020
						2 2
Incoming resources,		brought		forward	184,669	267,289
EXPENDITURE
Expenditures on charitable			activities
Promotions	Costs
	Exhibitions					840
	Accomodati on					542
	Artists fees				11,884	105,030
	Artists travel					17
	Workshop	costs			3,000
	Workshop	materials			867	34
	Workshop	artist fees			10,410	2,157
	Promotion					90
	Promoter training				576	2,005
	Event monitoring					900
					26,737	111,615
Staff costs
	Wages				62,154	60,250
	Employers	Pensions			1,546	1,448
	Freelance	work			3,250	16,007
	Travel				31	9,113
	Staff training				1,294	1,511
					68,275	88,329
Administration
	Room hire					160
	Printing snd stationery				603	583
	Refreshments				206	935
	Postage				648	225
	Telephone				667	1,073
	General expenses				925	53
	Computer	&wsbsite		expenses	2,027	6,909
	Photocopying				681	949
	Subscriptions				1,076	1,304
	Research	costs			(210)	658
	Bad debt				65	65
					6,688	12,814
Marketing	and Advertising
	Advertising	and marketing			1,369	1,886
	Brochures				2,902	8,759
	Mailing list				236	198
	Posters					361
	Tickets					18
					4,507	11,222
Grants payable
	Arts Out West Grants				34,311	33,969
	Heron Theatre				600	600
					34,911	34,569
Resources	expended	carry forward			141,118	258,549

Highlights Productions Income and Expenditure Account for the year ended 31 March 2021
	31 March 2021		31 March 2020
	2		2
RESOURCES EXPENDED (brought forward)	141,118		258,549
Premises and other costs
Rates and water	328		471
Insurance	1,193		1,193
Repairs and renewals			149
Laundry and cleaning	201		506
Equipment rental			184
Light and heat	493		1,270
Rent	4,560		3,840
Equipment repairs and renewals
	6,775		7,613
Interest and charges
Bank charges			13
			13
Depreciation
Equipment	2,561		1,824
	2,561		1,824
Legal and professional
Accountancy Fee	770		870
		770	870
Total Resources Expended	151,224		268,869
Net Incoming I(Outgoing) Resources	33,445		1,580