## 

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





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|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<br>income|||360|360|503|
|Total Income||47,712|136,957|184,669|267,289|
|EXPENDITURE||||||
|Costs of raising funds||||||
|Fundraising<br>costs||||||
|Expenditure<br>on charitable|activities|||||
|Charitable<br>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<br>forward||55,948|62,421|118,369|119,949|
|Transfers<br>between<br>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<br>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<br>income|||||
|Income from investments|||||
|investment<br>income||0|503|503|
|Total Income||86,159|181,130|267,289|
|EXPENDITURE|||||
|Costs of raising funds|||||
|Fundraising<br>costs|||||
|Expenditure<br>on charitable|activities||||
|Charitable<br>activites||68,142|200,727|268,869|
|Total expenditure||68,142|200,727|268,869|
|Net income<br>/ (expenditure)||18,017|(19,597)|(1,580)|
|Total funds brought<br>forward||37,931|82,018|119,949|
|Transfers<br>between<br>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<br>funds||||108,617||62,421|
|||14||151,814||118,369|





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|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<br>County|Council|||||10,000|10,000|10,000|
||Cumbria<br>Community||Foundation||||||700|
||Durham<br>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<br>income|||||153||153|760|
||Ticket sales||||||186|186|60,152|
||Reimbursed<br>expenses||||||||70|
||Other income||||||646|646|1,284|
||Gift aid||||||||335|
||Donations||||||261|261|2,189|
||Promoters<br>membership|||fees|||||3,608|
|||||||153|1,093|1,246|68,398|
|4|Fundraising|||||||||
||Sponsorship||||||||1,000|
||||||||||1,000|
|5|Investment<br>income|||||||||
||Bank interest received||||||360|360|503|
||||||||360|360|503|
|6|Costs of raising|funds||||||||
||Fundraising<br>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<br>1 April 2020<br>Charge for year<br>At<br>31 March 2021||(10,576)<br>~2.4170 <br>~12.992|(8,696)<br> ~444<br>~00,040|(19,272)<br>~2,501<br>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<br>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<br>(Arts Alive)|||||||16,567||
|||Cumbria<br>County|Council||||10,000||10,000||
|||Cumbria<br>Community||Foundation|||||700||
|||Durham<br>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<br>activities||||||||||
|Promotions|||||||||||
|||Workshop<br>income|||||153||760||
|||Ticket sales|||||186||60,152||
|||Reimbursed<br>expenses|||||||70||
|||Other income|||||646||1,284||
|||Gift aid|||||||335||
|||Donations|||||261||2,189||
|||Promoters<br>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<br>2|
|Incoming resources,||brought||forward|184,669|267,289|
|EXPENDITURE|||||||
|Expenditures<br>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<br>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<br>Productions<br>Income and Expenditure<br>Account<br>for the year ended<br>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<br>rental|||184|
|Light and heat|493||1,270|
|Rent|4,560||3,840|
|Equipment<br>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<br>Fee|770||870|
|||770|870|
|Total Resources Expended|151,224||268,869|
|Net Incoming I(Outgoing) Resources|33,445||1,580|