2021-03-31-accounts - The Spark Arts For Children

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		Page
Report ofthe Trustees	1	to	6
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet	9	to	10
Notes to the Financial Statements	11	to	16
Detailed Statement ofFinancial Activities	17	to	18

							Period
							1.9.19
						Year Ended	to
						31.3.21	31.3.20
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Donations and legacies				155,476		155,476	85,095
Charitable activities
Charity Activities				4,472	183,533	188,005	212,918
Other trading activities Investment income				10,713 420	21,349	32,062 420	26,329 647
Other income				30,797		30,797
Total				201,878	204,882	406,760	324,989
EXPENDITURE ON
Raising funds					18,150	18,150	11,676
Charitable activities
Charity Activities				491	174,124	174,615	204,519
Other				184,086	12,608	196,694	124,193
Total				184,577	204,882	389,459	340,388
NET INCOME/(EXPENDITURE)				17,301		17,301	(15,399)
RECONCILIATION	OF FUNDS
Total funds brought forward				112,899		112,899	128,298
TOTAL FUNDS CARRIED FORWARD				130,200	-	130,200	112,899

				2021	2020
		Unrestricted	Restncted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets	8	3,038		3,038	2,956
CURRENT ASSETS
Debtors Cash at bank and in hand		20,690 214,726	226,763	20,690 441,489	15,367 389,322
		235,416	226,763	462,179	404,689
CREDITORS
Amounts falling due within one year	10	(108,254)	(226,763)	(335,017)	(294,746)
NET CURRENT ASSETS		127,162		127,162	109,943
TOTAL ASSETSLESSCURRENT
LIABILITIES		130,200		130,200	112,899
NET ASSETS		130,200	-	130,200	112,899
FUNDS
Unrestricted funds (General) Unrestricted funds (Designated)				65,200 65,000	47,899 65,000
TOTAL FUNDS				130,200	112,899

			Period
			1.9.19
		Year Ended	to
		31.3.21	31.3.20
Core activity		3,061	8,175
Sponsorships			4,500
Additional	activities	29,001	13,654
		32,062	26,329
INVESTMENT INCOME
			Period
			1.9.19
		Year Ended	to
		31.3.21	31.3.20
Deposit account interest		417	647
Interest receivable - trading		3
		420	647

			Period
			1.9.19
		Year Ended	to
		31.3.21	31.3.20
Depreciation	-owned assets	2,353	1,162
Deficit on disposal offixed assets			271
Independent	Examiner fees		1,140

The average monthly	n	umber ofem	ployees during the year was as	follows:
						Period
						1.9.19
					Year Ended	to
					31.3.21	31.3.20
Management/administration staff					14	7
No employees received		emoluments	in excess of660,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL				ACTIVITIES	(Restated)
				Unrestricted	Restricted	Total
				funds	funds	funds
INCOME AND ENDOWMENTS			FROM
Donations and legacies				85,095		85,095
Charitable activities
Charity Activities				1,182	211,736	212,918
Other trading activities Investment income				26,329 647		26,329 647
Total				113,253	211,736	324,989
EXPENDITURE ON
Raising funds				11,676		11,676
Charitable activities
Charity Activities				(7,217)	211,736	204,519
Other				124,193		124,193
Total				128,652	211,736	340,388
NET INCOME/(EXPENDITURE)				(15,399)		(15,399)
RECONCILIATION		OF FUNDS
Total funds brought	forward			128,298		128,298
TOTAL FUNDS CARRIED FORWARD				112,899		112,899

8.	TANGIBLE FIXEDASSETS
		Plant and	Computer
		machinery	equipment	Totals
	COST
	At 1st April 2020	5,502	7,210	12,712
	Additions		2,435	2,435
	At 31stMarch 2021	5,502	9,645	15,147
	DEPRECIATION
	At 1st April 2020	3,952	5,804	9,756
	Charge for year	778	1,575	2,353
	At 31stMarch 2021	4,730	7,379	12,109
	NET BOOK VALUE
	At 31stMarch 2021	772	2,266	3,038
	At 31stMarch 2020	1,550	1,406	2,956
9.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
			2021	2020
	Trade debtors		18,066	12,828
	Prepay ments		2,624	2,539
			20,690	15,367
10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2021	2020
	Trade creditors		10,636	9,219
	Social security and other taxes		2,490	1,865
	Other creditors		1,029
	Deferred income		318,748	282,204
	Accrued expenses		2,114	1,458
			333,017	294,746

MOVEMENT IN FU	NDS
	Balance				Gains 4	Balance
Restricted Funds	B/fwd	Income	~Ee enditure	Transfers	Losses	~C/fw
Festival Project		29,352	(29,352)
SparkPlus		14,858	(14,858)
Vital Spark The City Classroom		17,000 12,601	(17,500) (9,601)	(3,000)		(500)
Early Years Project		73,929	(76,929)	3,000
Library Project		53,872	(53,372)			500
General		3,270	(3,270)
Total		204,882	(204,882)

		Period
		1.9.19
	Year Ended	to
	31.3.21	31.3.20
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Core grants	5,780 149,696	6,243 78,852
	155,476	85,095
Other trading activities
Core activity Sponsorships Additional activities	3,061 29,001	8,175 4,500 13,654
	32,062	26,329
Investment income
Deposit account interest Interest receivable - trading	417 3	647
	420	647
Charitable activities
Core activity projects	65,682 122,323	66,831 146,087
	188,005	212,918
Other income
Grants - COVID and HMRC JRS	30,797
Total incoming resources	406,760	324,989
EXPENDITURE
Raising donations and legacies
Freelance fees and fund raising costs	18,150	11,676
Charitable activities
Core activity projects Direct activity staff costs	62,583 50,745 61,287	84,550 79,295 52,224
	174,615	216,069
Support costs
Management
Wages Carried forward	154,408	76,114
	154,408	76,114

For The Year Ended 3	1stMarch 2021
		Period
		1.9.19
	Year Ended	to
	31.3.21	31.3.20
Management
Brought forward Social security Pensions Rent and rates Insurance Telephone, post and stationery Training 8'c hospitality Marketing Sundries	154,408 12,597 4,226 9,262 1,373 1,399 603 2,611 215	76,114 8,293 2,379 5,564 841 1,780 2,570 4,937 76
Accountancy Travelling Repairs &renewals Research 4 development Plant and machinery	2,462 110 2,664 2,411 778	1,140 3,111 466 3,922 454
Computer equipment	1,575	709
	196,694	112,356
Finance
Bank charges		16
Other
Loss on sale oftangible fixed assets		271
Total resources expended	389,459	340,388
Net income/(expenditure)	17,301	~15,399)