2021-12-31-accounts

						Page
Trustees' annual report (incorporating			the	director's	report)
Independent examiner's report to the			trustees
Statement of financial	activities	(including		income and
expenditure account)
Statement of financial	position
Notes to the financial	statements					10

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
				EX13SAD
				UK
The trustees
				N Clegg
				P Edmonds
				TBlech
				D Harraway
				D Lawrance
				J Murphy
				M Thomas
Independent	examiner			Mr SJCanington		(FCA) For and on behalf of
				Westcotts	Chartered		Accountants
				Timberly
				South Street
				Axminster
				Devon
				England
				EX135AD

Period from 1 April 2	021	to	31 Dece	mber 2021
							Year tc
				Period from	1 Apr 21 to	31 Dec 21	31 Mar 21
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	2	2	2
Income and endowments
Donations and legacies				132,571		132,571	221,528
Charitable activities				101,372		101,372	12,028
Other trading activities				70,553		70,553	2,794
Investment income				7		7	29
Total income				304,503		304,503	236.379
Expenditure
Expenditure on raising funds:
Costs of other trading	activities		9	29,423		29,423	4,286
Expenditure on charitable	activities		10	226,651	8,647	235,298	139,521
Total expenditure				256,074	8,647	264,721	143,807
Net income and net movement		in	funds	48,429	(8,647)	39,782	92,572
Reconciliation offunds
Total funds brought forward				414,323	143,886	558,209	465,637
Total funds carried forward				462,752	135,239	597,991	558,209

			31 Dec21	31 Mar21
		Note	2	2
Fixed assets
Tangible fixed assets		16	408,826	409,426
Investments		17	2	2
			408,828	409,428
Current assets
Stocks		18	300	300
Debtors		19	7,944	15,108
Cash at bank and in	hand		232,416	160,021
			240,660	175,429
Creditors: amounts	falling due within one year	20	51,497	26,648
Net current assets			189,163	148,781
Total assets less current liabilities			597,991	558,209
Net assets			597,991	558,209
Funds ofthe charity
Restricted funds			135,239	143,886
Unrestricted funds			462,752	414,323
Total charity funds		21	597,991	558,209

		Unrestncted	Restricted	Total Funds
		Funds	Funds	2021
		2	2	2
Donations
Donations		1,661		1,661
Friends membership		3,167		3,167
Grants
Lyme Regis	Town Council	16,500		16,500
Dorset Council		10,000		10,000
West Dorset	District Council
Theatres Trust		807		807
Arts Councii		73,007		73,007
Tech Grant
Community	Play Grant
Covid-19 Support Grants		27,429		27,429
		132,571		132,571
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
				2
Donations
Donations		11,724		11,724
Friends membership		1,975		1,975
Grants
Lyme Regis	Town Council	22,000		22,000
Dorset Council
West Dorset	District Council	6.938		6,938
Theatres Trust
Arts Council		85,000		85,000
Tech Grant			4,000	4,000
Community Play Grant Covid-1 9Support Grants		73,406	16,485	16,485 73,406
		201,043	20,485	221,528

Per	iod from 1	iod from 1	April 2021 t	April 2021 t	o 31 De	cember 2021
6.	Charitable		activities
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2021	Funds	2021
							2
	Theatre	hire				10,582	10,582	750	750
	Theatre	events				90,790	90,790	11,278	11,278
						101,372	101,372	12,028	12,028
7.	Other trading activities
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2021	Funds	2021
								6
	Bar and	coffee bar sales				59,758	59,758	2,178	2,178
	Brochure	advertising				300	300	616	616
	Weddings					10.495	10,495
						70,553	70,553	2,794	2,794
8.	Investment		income
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2021	Funds	2021
							2	F
	Bank interest			receivable		7	7	29	29
9.	Costs ofother trading activities
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2021	Funds	2021
							2
						29,423	29,423	4,286	4,286
10.	Expenditure			on charitable	activities	by activity type
						Activities
						undertaken		Total funds	Total fund
						directly Support costs		2021	2021
								2
	Direct costs					224,012	11,286	235,298	139,521

11.	Analysis of		supp	ort cos	ts
									Unrestricted		Total 2021	Total	2021
											2
	Finance costs									1,143	1,143		147
	Governance	costs								2,943	2,943		1.961
	Advertising	& PR								7,194	7,194		1,807
										11,280	11,280		3;915
12.	Net income
	Net income	is stated after			charging/(crediting):
											31 Dec 21	31 Mar		21
											2		2
	Depreciation		oftangible fixed assets								14,418		4,306
13.	Independent		examination			fees
											Period from
											1 Apr 21to	Year		to
											31 Dec 21	31 Mar		21
													2
	Fees payable		to the independent				examiner for:
	Independent		examination		of	the financial statements					1,881		1,750
14.	Staff costs
	The total staff costs and employee						benefits forthe		reporting	period are analysed as		follows:
											Period from
											1Apr21 to	Year		to
											31 Dec 21	31 Mar		21
											2		2
	Wages and	salaries									82,650	89,403
	Social security costs										1,281		7,208
											83,931	96,611
	The average		head count		of	employees		during the	Period was 4 (year to 31 March			2021:7).The
	average number			offull-time		equivalent		employees	during the Period is analysed as			follows:
											31 Dec 21	31 Mar		21
											No.	No.
											4			5

Tangible fixed assets
	Freehold	Property	Fixtures and
	property	mprovements	fittings	Total
		2		2
Cost
At 1 April 2021	250,000	187,041	60,905	497,946
Additions			13,818	13,818
At 31 December 2021	250,000	187,041	74,723	511,764
Depreciation
At 1 April 2021		29,941	58,579	88,520
Charge for the period		9,352	5,066	14,418
At 31 December 2021		39,293	63,645	102,938
Carrying amount
At 31 December 2021	250,000	147,748	11,078	408,826
At 31 March 2021	250,000	157,100	2,326	409,426

Investments
	Shares	in
	group
	undertakings
	2
Cost orvaluation
At 1 April 2021 and 31 December 2021
Impairment
At 1 April 2021 and 31 December 2021
Carrying amount
At 31 December 2021		2
At 31 March 2021		2

18.	Stocks
			31Dec 21	31 Mar 21
			2
	Raw materials	and consumables	300	300
19.	Debtors
			31 Dec 21	31 Mar 21
			2	2
	Trade debtors		7,410	12,868
	Prepayments	and accrued income		2,220
	Other debtors		534	20
			7,944	15,108

Creditors: amounts falling due within one year
	31 Dec 21	31 Mar 21
	2
Trade creditors	48,809	24,148
Accruals and deferred income	2,688	2,500
	51,497	26,648

								At
			At				31	December
		1	Apdl 2021	Income	Expenditure	Transfers		2021
						2		2
General	funds		414,323	304,503	(256,074)			462,752
								At
			At				31	March 202
		1	Apdl 2020	Income	Expenditure	Transfer's		1
			2			2
General	funds		332,243	215,894	(143,807)	9,993		414,323

Restricte	d funds
							At
			At			31	December
		1	April 2021	Income	Expenditure	Transfers	2021
				2	2	2	2
Property	improvements		143,886		(8,647)		135,239
							At
			At			31	March 202
		1	April 2020	Income	Expenditure	Transfers	1
					2		2
Property	improvements		133,394	20,485		(9,993)	143,886

Analysis ofnet as	sets between funds
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
		2	2	2
Tangible fixed assets		273,587	102,174	375,761
Investments		2		2
Current assets		240,660	33,065	273,725
Creditors less than	1 year	(51,497)		(51,497)
Net assets		462,752	135,239	597,991
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
		2	2	2
Tangible fixed assets		265,540	143,886	409,426
Investments		2		2
Current assets Creditors less than	1 year	175,429 (26,648)		175,429 (26,648)
Net assets		414,323	143,886	558,209