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|Report ofthe Trustees|||1-5|
|Examiners'|Report|||
|Statements|of Financial|Activities||
|Balance Sheet||||
|Notes to the|Financial Statements||9-14|
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|||Unrestricted|||||
|---|---|---|---|---|---|---|
|||Funds|Restricted||||
||Notes|General|Funds||Total||
|||2021|2021||2021|2020|
|||E|E|||F|
|INCOMING
RESOURCES|||||||
|Activities
in furtherance
ofthe|||||||
|charity's objects:||46,859||801|47,660|52,120|
|Other Income||4,821|||4,821|21|
|Investment
income||97|||97|153|
|TOTAL INCOMING RESOURCES||51,777||801|52,578|52,294|
|RESOURCES EXPENDED|||||||
|Cost ofgenerating
funds:|||||||
|Fundraising
and Publicity|||||||
|Charitable
expenditure:|||||||
|Direct charitable
expenditure|4|53,229||779|54,008|63,666|
|Management
and Administration|||||||
|ofthe Charity||7,318|||7,318|5,214|
|TOTAL RESOURCES EXPENDED||60,547||779|61,326|68,880|
|NET INCOMING/(OUTGOING)||(8,770)||22|(8,748)|(16,586)|
|RESOURCES FOR THE YEAR BEFORE|||||||
|TRANSFERS AND REVALUATIONS|||||||
|Total funds brought
forward
at 1 April 2020||82,206|7,617||89,823|106,409|
|TOTAL FUNDS CARRIED FORWARD|||||||
|AT 31 MARCH 2021||73,436|7,639||81,075|89,823|
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|||Notes|2021|2020|
|---|---|---|---|---|
|FIXEDASSETS|||E||
|Tangible Assets|||11|10,326|
|CURRENT ASSETS|||||
|Debtors|||6,835|3,108|
|Cash at Bank and|In Hand||80,879|82,489|
||||87,714|85,598|
|CREDITORS:|||||
|Amounts
falling due within one year||10|(6,651)|(6,101)|
|NET CURRENT ASSETS:|||81,063|79,497|
|NET ASSETS|||81,074|106,409|
|UNRESTRICTED FUNDS|||||
|General Funds|||73,436|82,206|
|RESTRICTED|FUNDS||||
|Restricted
Fund|||7,639|7,617|
||||81,075|89,823|
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||Unrestricted|Restricted|||
|---|---|---|---|---|
||Funds|Funds|||
||2021|2021|2021|2020|
||E||f||
|Studio rents|36,832||36,832|41,124|
|Members fees|10,016||10,016|10,515|
|Education fees received|10||10||
|We create Market||801|801||
|GASP||||38|
|PAT Testing||||443|
||46,859|801|47,660|52,120|
|OTHER INCOME|||2021|2020|
|||||f|
|Sundry||||21|
|Covid council grant|||4,821||
||||4,821||
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|DIRECT C|HARITABLE EXPENDITURE|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|||
|||Funds|Funds|Total||
|||2021|2021|2021|2020|
|||E||F|f|
|Studio manager||15,191||15,191|17,591|
|Bad debt w/o|||||1,168|
|We create Market|||779|779||
|Ace expense||1,536||1,536||
|Lakeside|||||42|
|Open studios|||||76|
|Hampshire
studios|||||300|
|GASP|||||88|
|Rent||9,192||9,192|9,192|
|Rates||551||551|1,376|
|Light and heat||8,676||8,676|9,489|
|Repairs and|maintenance|1,897||1,897|7,450|
|Cleaning||1,552||1,552|2,184|
|Depreciation|ofequipment|243||243|329|
|Leasehold
write off||10,072||10,072|10,072|
|Subscriptions|and staff training||||60|
|Insurance||4,319||4,319|4,249|
|Meeting costs||||||
|||53,229|779|54,008|63,666|
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|MANAGE|M|ENT|AND ADMINISTRATION|OF THE CHARITY||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total||
|||||Funds|Funds|2021|2020|
|||||F|f|F||
|Accountancy||||300||300||
|Book-keeping||||2,526||2,526|2,322|
|Consultancy||fee||220||220||
|Advertising|and marketing|||900||900|889|
|Travel and subsistence|||||||23|
|Telephone,|internet||and postage|2,616||2,616|1,533|
|Sundry expenses||||42||42|149|
|Stationery||||714||714|299|
|||||7,318||7,318|5,214|
|||||||2021|2020|
|Staff Costs:||||||E|f.|
|Wages and||Salaries||||15,706|15,706|
|Pension costs||||||(514)|1,885|
|||||||15,191|17,591|
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||||2021|2020|
|---|---|---|---|---|
|Staff manager|||||
|OPERATING SURPLUS|||||
|The operating|surplus|is stated atter charging:|||
||||2021|2020|
||||f||
|Accountancy|||300||
|Depreciation|oftangible|fixed assets|10,315|10,401|
|Director's emoluments||and other benefits etc|||
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|TANGIBLE FIXEDASSETS||||||||
|---|---|---|---|---|---|---|---|
|||Leasehold|Computer|||||
||~tm|rnuemente|~Eui ment|~Eui|ment||Totals|
||||||f|||
|COSTNALUATION||||||||
|At 1 April 2020||60,432|6,590||6,190||73,212|
|Additions||||||||
|Disposals||||||||
|At 31 March 2021||60,432|6,590||6,190||73,212|
|DEPRECIATION||||||||
|At 1 April 2020||50,360|6,367||6,159||62,886|
|Charge for Year||10,072|222|||21|10,315|
|On disposal||||||||
|At 31 March 2021||60,432|6,589||6,180||73,201|
|NET BOOK VALUES||||||||
|At 31 March 2021||||||10||
|At 31 March 2020||10,072|223|||31|10,326|
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|9.|DEBTORS||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||f|f|
||Trade debtors - Members fees/rents
outstanding||||6,002|2,057|
||Prepayments
-service|plans such|as lift/alarm|maintenance|659|1,051|
||Other debtors - PAYE||||174||
||||||6,835|3,108|
||There were no amounts|falling due after more than one year.|||||
|10.|CREDITORS: AMOUNTS||FALLING|DUE WITHIN ONE YEAR|||
||||||2021|2020|
||||||f|f|
||Sundry creditors and accrued expenses||||870|1,710|
||Members
returnable
deposits||||4,548|4,263|
||Wages and PAYE||||1,233|128|
||||||6,651|6,101|
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|11.|STATEMENT|OF FUNDS|OF FUNDS|Balance at
~1A
12020|Balance at
~1A
12020|Incoming
Outgoing
«R|Incoming
Outgoing
«R|Balance at
31 Mh ch 2021|Balance at
31 Mh ch 2021|
|---|---|---|---|---|---|---|---|---|---|
||||||f|F||f||
||Unrestricted
Funds|||||||||
||General funds||||72,134|51,777|(50,475)||73,436|
||Leasehold
improvements||||10,072||(10,072)|||
||Total Unrestricted||Funds||82,206|51,777|(60,547)||73,436|
||Restricted Funds|||||||||
||GASP||||1,092||0||1,092|
||Garden project||||720||0||720|
||APD||||568||0||568|
||We Create Market|||||801|(779)||22|
||Lakeside||||4,041||||4,041|
||6by4||||1,196||||1,196|
||Total Restricted|Funds|||7,617|801|(779)||7,639|
||Total Funds||||89,823|52,578|(61,326)||81,075|
||ASSETSOF THE FUNDS|||||||||
|||||Tangible||||||
|||||fixed|assets|Assets|Liabilities|~To|al|
|||||||f||f||
||Unrestricted
General||Fund|||83,166|(2,103)|81,075||
||Restricted General|Fund||||4,548|(4,548)|||
|||||||87,714|(6,651)|81,075||
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