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|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|
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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||||
|||||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||||
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|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|
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||||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|
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|||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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|||||||||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|
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|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|