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2021-08-31-accounts

Trustees		C Pancho MBE - Founder/CEO	C Pancho MBE - Founder/CEO	C Pancho MBE - Founder/CEO
		A Banjoko OBE
		AJ Efunshile	CBE - Chair
		AH Hall
		C Hampson
		P K Hamzahee	FRSA
		A Hochhauser	QC
		L Kogbara - Treasurer
		AS Prag
		TVianana (Appointed		17/11/2021)
Secretary		JWebster
Charity number		1101599
Company number		04573958
Principal address		Feathers Assomation
		12Rossmore	Road
		London
		NW1 SNX
Registered	office	Austin House
		43 Poole Road
		Boumemouth
		Dorset
		England
		BH4 9DN
Independent	examiner	Rowlands Webster Limited
		Austin House
		43 Poole Road
		Boumemouth
		Dorset
		England
		BH4 9DN

			Page
Trustees' report			1-4
Independent examiner's		report
Statement offinancial	activities
Balance sheet
Statement ofcash flows
Notes to the financial	statements		9-16

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2021	2021	2021	2020	2020	2020
	Notes	8	8	8	8	8	8
Income and endowments	from:
Donations and legacies	3	663,662	114,500	778,162	493,757	12,600	506,357
Charitable activities	4	51,924		51,924	120,040		120,040
Other income	5				21,810		21,810
Total income		715,586	114,500	830,086	635,607	12,600	648,207
~E* dd
Raising funds	8	46,559		46,559	30,775		30,775
Chantable activities	7	516,449	30,400	546,849	380,595	12,600	393,195
Total resources expended		563,008	30,400	593,408	411,370	12,600	423,970
Net income for the year/
Net movement in funds		152,578	84,100	236,678	224,237		224,237
Fund balances at 1 September
2020		524,389		524,389	300,152		300,152
Fund balances at 31August
2021		676,967	84,100	761,067	524,389		524,389

					2021		2020
				Notes	9
Cash flows from operating			activities
Cash generated		from operations		17		231,772		209,098
Investing	activities
Purchase	oftangible fixed assets				(11,959)		(2,591)
Net cash	used	in investing	activities			(11,959)		(2,591)
Net cash	used	in financing	activities
Net increase in		cash and cash equivalents				219,813		206,507
Cash and	cash	equrvalents	at beginning	ofyear		497,168		290,661
Cash and	cash	equivalents	at end of	year		716,981		497,168

					Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
					funds	funds		funds	funds
					2021	2021	2021	2020	2020	2020
					E	E	E	E		E
	Donations	and		gifts	60,314	3,500	63,814	34,028	12,600	46,628
	Grants				603,348	111,000	714,348	459,729		459,729
					663,662	114,500	778,162	493,757	12,600	506,357
4	Charitable		activities
									Charitable	Charitable
									Income	Income
									2021	2020
									E	E
	Sales within		charitable		activities				48,891	117,244
	Ancillary	trading		income					3,033	2,796
									51,924	120,040

5	Other income
		Total	Unrestricted
			funds
		2021	2020
			E
	Theatre Tax Credit		21,810
6	Raising funds
		Unrestricted	Unrestricted
		funds	funds
		2021	2020
		E	E
	Support costs	46,559	30,775
		46,559	30,775

				2021	2020
				8	'Z
Depreciation		and	impairment	5,965	5,296
Ballet Company			and Ballet School	540,884	337,376
				546,849	342,672
Grant fundmg		of	activities (see note )		50,523
				546,849	393,195
Analysis	by	fund
Unrestncted		funds		516,449	380,595
Restncted	funds			30,400	12,600
				546,849	393,195

2021	2020
Number	Number

10	Tangible fixed assets	Tangible fixed assets	Tangible fixed assets
				Plant and	Computers	Total
				equipment
				8
	Cost
	At 1 September 2020			35,031	3,558	38,589
	Additions			7,720	4,239	11,959
	At 31 August	2021		42,751	7,797	50,548
	Depreciation	and impairment
	At 1 September 2020			20,441	1,483	21,924
	Depreciation	charged	in the year	4,558	1,407	5,965
	At 31 August	2021		24,999	2,890	27,889
	Carrying amount
	At 31 August	2021		17,752	4,907	22,659
	At 31 August	2020		14,074	2,591	16,665
11	Stocks
					2021	2020
					8	8
	Ftntshed goods and goods for resale				8,596	5,442
12	Debtors
					2021	2020
	Amounts falling due		within one year:		8	8
	Trade debtors				(495)	3,141
	Other debtors				11,976
	Prepayments	and accrued income			3,600	3,600
					15,081	6,741
13	Creditors: amounts		falling due within one year
					2021	2020
					8	8
	Trade creditors					1,627
	Accruals and	deferred	income		2,250
					2,250	1,627

			Movement			Movement	in funds
			in funds
			Incoming		Balance at	Incoming	Resources	Balance at
			resources	1	September	resources	expended	31August
					2020			2021
					f			f
Slacker(Producer)						40,000	(18,150)	21,850
Bloomberg	(Digital	Producer)				50,000		50,000
Foyle Foundation		(Media Producer)				21,000	(8,750)	12,250
						111,000	(26,900)	84,100

		Movement		Movement
		in funds		in funds
		Incoming	Balance at	Incoming	Balance at
		resources	1September	resources	31August
			2020		2021
			f
Emergency	fund	82,500	82,500	137,500	220,000
Development	Fund	225,000	225,000		225,000
Operational	Cashflow	210,000	210,000		210,000
		517,500	517,500	137,500	655,000

17	Cash generated from	operations	operations		2021	2020
					9	9
	Surplus for the year				236,678	224,237
	Adjustments for.
	Depreciation and impairment		oftangible	fixed assets	5,965	5,296
	Movements in working	capital.
	(Increase) in stocks				(3,154)	(4,842)
	(Increase) in debtors				(8,340)	(2,181)
	Increase/(decrease) in	creditors			623	(13,412)
	Cash generated from	operations			231,772	209,098