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|Trustees'
annual
report (incorporating||the|director's|report)||
|independent
examiner's
report to the||trustees||||
|Statement offinancial activities|(including||income and|||
|expenditure
account)||||||
|Statement offinancial
position||||||
|Notes to the financial statements|||||10|
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|Registered||charity|name|name|LymeArts|Community|Community|Trust Ltd|||
|---|---|---|---|---|---|---|---|---|---|---|
|Charity registration|||number||1103599||||||
|Company|registration|||number|04654247||||||
|Principal office and|||registered||Timberly||||||
|office|||||South Street||||||
||||||Axminster||||||
||||||Devon||||||
||||||EX135AD||||||
|The trustees|||||||||||
||||||N Clegg||||||
||||||D Edwards|||Resigned|January 2021||
||||||P Edmonds||||||
||||||TBlech||||||
||||||D Harraway||||||
||||||N Kulik|||Resigned|January 2021||
||||||D Lawrance||||||
||||||J Murphy||||||
||||||M Thomas|||Appointed|June|2020|
|Independent||examiner|||Mr SJ Carrington||(FCA)||||
||||||For and on behalf||of|Thomas Westcott Chartered||Accountants|
||||||Timberly||||||
||||||South Street||||||
||||||Axminster||||||
||||||Devon||||||
||||||England||||||
||||||EX135AD||||||
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|||||2021||2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
|||Note|funds
E|funds
f|Total funds|Total funds
E|
|Income and endowments|||||||
|Donations
and legacies||5|201,043|20,485|221,528|118,016|
|Charitable
activities||6|12,028||12,028|208,391|
|Other trading
activities||7|2,794||2,794|112,840|
|Investment
income||8|29||29|89|
|Total income|||215,894|20,485|236,379|439,336|
|Expenditure|||||||
|Expenditure
on raising funds:|||||||
|Costs ofother trading|activities|9|4,286||4,286|39,273|
|Expenditure
on charitable|activities|10|139,521||139,521|315,696|
|Total expenditure|||143,807||143,807|354,969|
|Net income|||72,087|20,485|92,572|84,367|
|Transfers
between funds|||9,993|(9,993)|||
|Net movement
in funds|||82,080|10,492|92,572|84,367|
|Reconciliation
offunds|||||||
|Total funds brought forward|||332,243|133,394|465,637|381,270|
|Total funds carried forward|||414,323|143,886|558,209|465,637|
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|31 March|2021|||||
|---|---|---|---|---|---|
|||||2021|2020|
||||Note|E||
|Fixed assets||||||
|Tangible fixed assets|||16|409,426|413,536|
|Investments|||17|2|2|
|||||409,428|413,538|
|Current assets||||||
|Stocks|||18|300|3,578|
|Debtors|||19|15,108|4,625|
|Cash at bank|and in|hand|20|160,021|69,241|
|||||175,429|77,444|
|Creditors: amounts||falling due within one year|21|26,648|25,345|
|Net current assets||||148,781|52,099|
|Total assets|less current liabilities|||558,209|465,637|
|Net assets||||558,209|465,637|
|Funds ofthe charity||||||
|Restricted funds||||143,886|133,394|
|Unrestricted|funds|||414,323|332,243|
|Total charity|funds||22|558,209|465,637|
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|||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|
|||Funds
f|Funds
F|2021
F|
|Donations|||||
|Donations||11,724||11,724|
|Friends membership||1,975||1,975|
|Grants|||||
|Lyme Regis
West Dorset|Town Council
District Council|22,000
6,938||22,000
6,938|
|Dorset Leader|||||
|Arts Council||85,000||85,000|
|Tech Grant|||4,000|4,000|
|Community|Play Grant||16,485|16,485|
|Covid Support Grants||73,406||73,406|
|||201,043|20,485|221,528|
|||Unrestricted|Restricted|Total Funds|
|||Funds
f|Funds
f|2020|
|Donations|||||
|Donations||29,086||29,086|
|Friends membership||8,152||8,152|
|Grants|||||
|Lyme Regis|Town Council|15,000||15,000|
|West Dorset|District Council|6,938|6,000|12,938|
|Dorset Leader|||39,340|39,340|
|Arts Council|||13,500|13,500|
|Tech Grant|||||
|Community|Play Grant||||
|Covid Support Grants|||||
|||59,176|58,840|118,016|
|||Unrestricted|Total|Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|
|||Funds
F||2021
f|Funds
F.|2020|
|Theatre|hire|750||750|9,199|9,199|
|Theatre|events|11,278||11,278|191,773|191,773|
|Other|||||7,419|7,419|
|||12,028||12,028|208,391|208,391|
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||||||Unrestricted|TotalFunds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|---|
||||||Funds
f|2021
f|Funds
f|2020
f|
||Bar and coffee bar sales||||2,178|2,178|90,890|90,890|
||Brochure advertising||||616|616|2,840|2,840|
||Sponsorship||||||4,500|4,500|
||Weddings||||||14,610|14,610|
||||||2,794|2,794|112,840|112,840|
|8.|Investment|income|||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds
f|2021|Funds|2020|
||Bank interest||receivable||29|29|89|89|
|9.|Costs ofother trading activities||||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2021|Funds|2020|
||||||4,286|4,286|39,273|39,273|
|10.|Expenditure||on charitable|activities|by activity type||||
||||||Activities||||
||||||undertaken||Total funds|Total fund|
||||||directly Support costs
f
f||2021
f|2020
f|
||Direct costs||||135,606|3,915|139,521|315,696|
|11.|Analysis ofsupport costs||||||||
|||||||Unrestrictedf|Total 2021
f|Total2020
f|
||Finance costs|||||147|147|133|
||Governance|costs||||1,961|1,961|3,876|
||Advertising|and PR||||1,807|1,807|12,386|
|||||||3,915|3,915|16,395|
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|12.|Net income||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||Net income is stated|after||charging/(crediting):|||||||
||||||||||2021
f|2020
f|
||Depreciation
oftangible||fixed assets||||||4,306|13,181|
|13.|Independent
examination|||fees|||||||
||||||||||2021
f|2020|
||Fees payable tothe independent
Independent
examination
ofthe||||examiner for:
financial statements||||1,750|1,700|
|14.|Staff costs||||||||||
||The total staff costs|and|employee|||benefits for||the reporting
period are analysed as follows:|||
||||||||||2021
f|2020|
||Wages and salaries
Social security costs||||||||89,403
7,208|113,197
7,088|
||||||||||96,611|120,285|
||The average
head|count||of employees|||during|the year was 7(2020:7).The average||number
of|
||full-time equivalent|employees|||duding the year|||is analysed as follows:|||
||||||||||2021|2020|
||||||||||No.|No.|
||Number ofstaff||||||||5|5|
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|Tangible fixed assets|||||
|---|---|---|---|---|
||Freehold|Property|Fixtures and||
||property
f|mprovements|fittings|Total
F|
|Cost|||||
|At 1 April 2020|250,000|177,493|60,905|488,398|
|Additions||9,548||9,548|
|At 31 March 2021|250,000|187,041|60,905|497,946|
|Depreciation|||||
|At 1 April 2020||24,254|54,273|78,527|
|Charge for the year||5,687|4,306|9,993|
|At 31 March 2021||29,941|58,579|88,520|
|Carrying
amount|||||
|At 31 March 2021|250,000|157,100|2,326|409,426|
|At 31 March 2020|250,000|147,552|6,632|404,184|
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|Investments|||
|---|---|---|
||Shares|in|
||gl'oup||
||undertakings||
|Cost orvaluation|||
|At 1 April 2020 and 31 March 2021|||
|Impairment|||
|At 1 April 2020 and 31 March 2021|||
|Carrying
amount|||
|At 31 March 2021||2|
|At 31 March 2020||2|
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|||||2021|2020|
|---|---|---|---|---|---|
||||||E|
|Raw|materials|and|consumables|300|3,578|
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|Yea|r ended 31|March|2021|||
|---|---|---|---|---|---|
|19.|Debtors|||||
|||||2021|2020
f|
||Trade debtors|||12,868|4,625|
||Prepayments|and accrued income||2,220||
||Other debtors|||20||
|||||15,108|4,625|
|20.|Cash and cash equivalents|||||
|||||2021|2020|
||||||6|
||Cash at bank|and in hand||160,021|69,241|
|21.|Creditors: amounts||falling due within one year|||
|||||2021|2020|
||Trade creditors|||24,148|18,537|
||Accruals and|deferred|income|2,500|3,000|
||Social security and other taxes||||1,108|
||Other creditors||||2,700|
|||||26,648|25,345|
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||||||||At|
|---|---|---|---|---|---|---|---|
||||At||||31 March 202|
|||1|April 2020|Income|Expenditure|Transfers|1|
||||6|E|6|E|6|
|General|funds||332,243|215,894|(143,807)|9,993|414,323|
||||||||At|
||||At||||31 March 202|
|||1|April 2019|Income|Expenditure|Transfers|0|
|||||6|6||6|
|General|funds||297,091|380,496|(354,969)|9,625|332,243|
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|Restricte|d funds|||||||
|---|---|---|---|---|---|---|---|
||||||||At|
||||At|||31|March 202|
|||1|April 2020|Income|Expenditure|Transfers|1|
||||||F|F||
|Property|improvements||133,394|20,485||(9993)|143886|
||||||||At|
||||At|||31|March 202|
|||1|April 2019|Income
6|Expenditure
E|Transfers
f|0
f|
|Property|improvements||84,179|58,840||(9,625)|133,394|
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|Analysis ofnet as|sets between funds||||
|---|---|---|---|---|
|||Unrestdicted|Restricted|Total Funds|
|||Funds|Funds|2021|
|||6|E|6|
|Tangible fixed assets||265,540|143,886|409,426|
|Investments||2||2|
|Current assets||175,429||175,429|
|Creditors less than|1 year|(26,648)||(26,648)|
|Net assets||414,323|143,886|558,209|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
||||F|E|
|Tangible fixed assets||280,142|133,394|413,536|
|Investments||2||2|
|Current assets||77,444||77,444|
|Creditors less than|1 year|(30,345)||(30,345)|
|Net assets||327,243|133,394|460,637|
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