|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|5|
|Independent
Eraminer's Report||||
|Statement ofFinancial Activities||||
|Balance Sheet|8|to|9|
|Notes to the Financial Statements|10|to|18|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||for|the Year E|nded 31August|2021|||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||Unrestricted|Restricted|Total|Total|
|||' 'Notes'|funds
f.
'|funds
E|funds
f.|fundsf|
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies||3|203,960||203,960|18,833|
|Charitable
activities|||||||
|Music and drama group productions
Art gmup
Film and Live Streaming
Gallety
Other income Ram charitable
activities|||4,903
2,425
13,370
773||4,903
2,425
13370
773|18,455
360
13,724
14364
1,445|
|Programme
adverts snd sales
Room letting aod External bookings
Subscriptions
Bar aud Catering
Covid-19 Grants|||1,980
7,282
1,701
28,563||1,980
7,282
1,701
28,563|6,899
15,457
11,052
12,798
46,776|
|Other fundraising
activities|||3,349||3,349|10,288|
|Investment
income|||14||14|1,163|
|Other income|||32,617||32,617||
|Total|||300,937||300,937|171,514|
|EXPENDITURE ON|||||||
|Raising funds
~l||||||1,055|
|Charitable
activities|||||||
|Music snd drama group productions
Art group
Film snd Live Streaming
Gallery
Pmgramme
adverts
and sales
Room letting and External
bookings
Subscriptions
Bsraud Catering|||1,682
849
303
54
313
1,078||1,682
849
303
54
313
1,078|6,468
260
7,987
580
10,873
412
145
7,194|
|Other nmniog costs|||30,646||30,646|63,841|
|Total|||34,925||34,925|98,815|
|NET INCOME|||266,012||266,012|72,699|
|Transfers behreen
funds||22|200,501|(200,501)|||
|Net movement
ln fends|||466,513|(200,501)|266,012|72,699|
|RECONCILIATION OFFUNDS|||||||
|Total funds brought forrrsrd|||787,728|250,174|1,037,902|965,203|
|TOTAL FUNDS CARRIED|FORWARD||1,254PAI|49,673|1303,914|1,037,902|
||SheResbnry Arts|Centre (Registered|number: 05336078)|||
|---|---|---|---|---|---|
|||Balance Sbe4t||||
|||31August 2021||||
|||||2021|2020|
|||Notes|||f.|
|FIXEDASSETS||||||
|Tangible assets||13||991488|988,340|
|CURRENT ASSETS||||||
|Stocks||14||1,063|881|
|Debtors||15||4,085|908|
|Cash at bank and in band||||353,421|118,460|
|||||358,569|120,249|
|CREDITORS||||||
|Amounts
falliog due within|one year|16||(42,812)|(50,272)|
|NET CURRENT ASSETS||||315,757|69P77|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||||1,307,045|1,058,317|
|CREDITORS||||||
|Amounts
fafiing due after more then one year||17||(3,131)|(20,415)|
|NET ASSETS||||1,303,914|],037,902|
|FUNDS||22||||
|Umestricted
funds:||||||
|General fund||||919,241|452,728|
|13Bell Street Revaluation|Reserve|||335,000|335,000|
|||||1,254441|787,728|
|Restricted funds||||49,673|250,174|
|TOTAL FUNDS||||1,303,914|1,037,902|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|DONATIO|NS
AND LEGACIES||||
|---|---|---|---|---|
|||2021||2020|
|Donations||3,960||8,833|
|Legacies||200,000||10,000|
|||203,960|'|18,833|
|OTHER FUNDRAISING ACTIVITIES|||||
|||2021
f.||2020I|
|Fundraising|events|3,349||10488|
|||2021f||2020
f.|
|Deposit account interest||14||1,163|
##
##
|||Activity||||2021f|2020f|
|---|---|---|---|---|---|---|---|
|Pmduction|and events income|Music and drama gmup productions||||4,903|18,455|
|Pmduction|and events income|Art gmup|||||360|
|Production|and events income|Film and Live Streaming||||2,425|13,724|
|Pmduction|and events income|Gallery||||13,370|14264|
|Pmduction|and events income|Other income Rom charitable||activities||773|1,445|
|Production|and events income|Programme|adverts and sales||||6,899|
|Production|and events income|Room letting|and External bookings|||1,980|15,457|
|Production|and events income|Subscriptions||||7282|11,052|
|Production|end events income|Bar and Catering||||1,701|12,798|
|Grants||Covid-19 Grants||||28,563|46,776|
|||||||60,997|141,230|
|Grants received, included
in the above, are as follows:||||||||
|||||||2021f|2020f|
|Arts Council England||||||2,420|21,776|
|Dorset Council||||||14,143|25,000|
|Dorset Council Restart Grant||||||12,000||
|||||||28,563|46,776|
|OTHER INCOME||||||||
|||||||2021|2020|
|||||||f.|f.|
|nsurance|Claim|||||32,617||
|The insurance
claim resulted||trom a loss ofprofits as a result||ofthe|initial|en&reed closure ofthe Arts
Cen||
|due to the|introduction
ofCOVID-19 restrictions.|||||||
|CHARITABLE ACITVITIES COSTS||||||||
|||||||Support||
||||||Direct|costs (see||
||||||Costs|note 9)
f|Totals|
|Music and|drama group produchons||||1,682||1,682|
|Film and Live Streaming|||||849||849|
|Gallery|||||303||303|
|Room lettiog and External
bookings|||||54||54|
|Subscriphons|||||313||313|
|Bar and Catering|||||1,078||1,078|
|Other running
costs|||||1,746|28,900|30,646|
||||||6,025|28,900|34,925|
##
##
##
##
##
||||||Governance||
|---|---|---|---|---|---|---|
||||Finance|Other|costs|Totals|
||||f.|f,||f.|
|Other|running|costs|1|25,256|3,643|28,900|
##
##
|||2021|2020|
|---|---|---|---|
|Depreciation|- owned assets|1,903|2,378|
|Independent|Examination|1,740|1,980|
##
##
##
|COMPARA11VES FOR T|HE STATEMENT OF FI|NANCIAL AC'11VITIKS|2020||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||f.|f|f,|
|INCOME AND ENDOWMENTS FROM|||||
|Donations
and legacies||1.1,318|7,515|18,833|
|Charitable
activities|||||
|Music and drama group producnons||18,455||18,455|
|Art gmup||360||360|
|Film and Live Streaming||13,724||13,724|
|Gallery||14364||14464|
|Other income Rom charitable|activities|1,445||1,445|
|Programme
adverts and sales||6,899||6,899|
|Room letting and External bookings||15,457||15,457|
|Subscriptions||11,052||11,052|
|Bar and Catering||12,798||12,798|
|Covid-19 Grants||46,776||46,776|
|Otlrcf fluldfslslllg
actlvltlcs|||10488|10488|
|Investment
income||1,163||1,163|
|Total||153,711|17,803|171,514|
|EXPENDITURE ON|||||
|Raising funds|||1,055|1,055|
|Charitable
activities|||||
|Music and drama group productions||6,468||6,468|
|Art group||260||260|
|Film and Live Streaming||7,987||7,987|
##
##
|||Umestric ted|Restricted|Total|
|---|---|---|---|---|
|||fuods|funds|funds|
|||I|f,|f.|
|||580||580|
|||10,873||10,873|
|||412||412|
|||145||145|
|||7,194||7,194|
|||63,841||63,841|
||Total|97,760|1,055|98,815|
||NET INCOME|55,951|16,748|72,699|
||RECONCILIATION OFFUNDS||||
||Total fonda brought forward|731,777|233,426|965403|
||TOTAL FUNDS CARRIED FORWARD|787,728|250,174|1,037,902|
|13.|TANGIBLE FIXEDASSETS||||
|||Freehold|Plant and||
|||property
f|machinery
I,|Totals|
||COST||||
||At 1 September 2020|978,826|22,939|1,001,765|
||Additions|4,851||4,851|
||At 31August 2021|983,677|22,939|1,006,616|
||DEPRECIATION||||
||At I September 2020||13,425|13,425|
||Charge for year||1,903|1,903|
||At31 August2021||15,328|15328|
||NET BOOKVALUE||||
||At 31August 2021|983,677|7,611|991788|
||At 31August 2020|978,826|9,514|988,340|
##
##
##
|14.|STOCKS|||||
|---|---|---|---|---|---|
|||||2021|2020|
||||||f.|
|||||1,063|881|
|15.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|||||2021|2020|
||||||f.|
||Trade debtors|||2,096|6|
||Other debtors||||329|
||Prepayments|||1,989|573|
|||||4,085|908|
|16.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||2021|2020|
||Bank loans and overdrafls||(see note 18)|16,179|23,100|
||Other loans (see note|18)||2,000|2,000|
||Trade creditors|||2,401|3,042|
||Other creditors|||1,447|809|
||Accruals and deferred|income||20,785|21,321|
|||||42,812|50,272|
|17.|CREDITORS: AMOUNTS FALLING DUEAFTERMORE THAN ONE YEAR|||||
|||||2021|2020|
||||||6|
|||||2,411|18,485|
|||||720|1,930|
|||||3,131|20,415|
|18.|LOANS|||||
||An analysis ofthe maturity||ofloans is given below:|||
|||||2021|2020|
||||||f.|
||Amounts
falling due within one year on demand:|||||
||Bank loans|||16,179|23,100|
||Other loans|||2,000|2,000|
||Amounts
falling due after one year on demand:|||||
||Bank loans|||2,411|18,485|
##
##
||2021|2020|
|---|---|---|
|||f|
|Within one year|1,109|1,109|
|Between one and five years|832|1,941|
||1,941|3,050|
##
|||2021|2020|
|---|---|---|---|
|||f.|f|
|Bank|loans|18,590|41,585|
##
##
|21.|ANALYSIS|OFNET AS|SETSBETWE|EN FUNDS||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||Unrestricted|Resiricted|Total|Total|
|||||funds|funds|funds|fimds|
|||||f,||||
||Fixed assets|||991,288||991,288|988,340|
||Current assets|||308,896|49,673|358,569|120,249|
||Curreat liabilities|||(42,812)||(42,812)|(50,272)|
||Long term liabilities|||(3,131)||(3,131)|(20,415)|
|||||1454,241|49,673|1,303,914|1,037,902|
|22.|MOVKMFPm IN FUNDS|||||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.9.20|in funds|funds|31.8.21|
|||||||f.||
||Unrestricted|funds||||||
||General fund|||452,728|266,012|200,501|919441|
||13Bell Street|Revaluation|Reserve|335,000|||335,000|
|||||787,728|266,012|200,501|1,254341|
||Restricted funds|||||||
||Funding
our Future|||245,174||(200,501)|44,673|
||Lift for building phase IV|||5,000|||5,000|
|||||250,174||(200,501)|49,673|
||TOTAL FUNDS|||1,037,902|266,012||1,303,914|
##
|||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|
|||||Icsourccs
f|expended
f|in funds|
|Unrestricted|funds||||||
|General fund||||300,937|(34,925)|266,012|
|TOTAL FUNDS||||300,937|(34,925)|266,012|
|Comparatlves|for movement||in funds||||
||||||Net||
||||||nlovcnlcnt|At|
|||||At 1.9.19|in funds|31.8.20|
||||||f.|f.|
|Unrestricted|funds||||||
|General fund||||396,777|55,951|452,728|
|13Bell Street|Revaluation|Reserve||335,000||335,000|
|||||731,777|55,951|787,728|
|Restricted funds|||||||
|Funding
our Future||||228,426|16,748|245,174|
|Lift for building
phase IV||||5,000||5,000|
|||||233,426|16,748|250,174|
|TOTAL FUNDS||||965,203|72,699|1,037,902|
|Compalanve|net movement|in|funds, included|in the above are as follows:|||
|||||Incoming|Resources|Movement|
|||||Icsourccs|expended|in funds|
||||||f,||
|Unrestrtchxt|funds||||||
|General fund||||153,711|(97,760)|55,951|
|Restricted funds|||||||
|Fuudmg
our Future||||17,803|(1,055)|16,748|
|TOTAL FUNDS||||171,514|(98,815)|72,699|
##
##
##