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||Page|
|---|---|
|Reference and Administrative
Details||
|Overview from the Chair||
|Trustees'
Report||
|Independent
Examiner's
Report|14|
|Statement ofFinancial Activities|15|
|Balance Sheet|16|
|Notes to the Financial Statements|17-25|
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|Fund raising||||||
|---|---|---|---|---|---|
|Angel Shed is grateful for the|continuing|support
and generosity ofall its|many|funding|partners,|
|including
(among others):||||||
|The Arts Council||The John Thaw Foundation||||
|BBCChildren
in Need||Macquarie
Group Foundation||||
|Cloudesley||National
Lottery||||
|Charles S French Charitable|Trust|National
Foundation
for Youth Music||||
|Cripplegate
Foundation||The Pat Newman
Memorial Trust||||
|The Cuckoo Hill Trust||Small Change,
Big Impact||||
|Jack Petchey Foundation||The Broughton
Family Charitable|Trust|||
|Islington
Giving||The Leathersellers'
Company
Charitable||Foundation||
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||Note|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|2020|2019|
|||f|f|E|E|
|Income from:||||||
|Charitable
activities||17,588|82,959|100,547|87,553|
|Otherincome||16,016||16,016|13,193|
|Total income||33,604|82,959|116,563|100,746|
|Expenditure
on:||||||
|Charitable
activities|5,9|(6,711)|(70,678)|(77,389)|(84,934)|
|Fund raising|6|(4,600)||(4,600)|(8,365)|
|Support costs|7|(7,407)||(7,407)|(9,320)|
|Total resources expended||(18,718)|(70,678)|(89,396)|(102,619)|
|Net income/(expenditure)||14,886|12,281|27,167|(1,873)|
|Fund balance brought forward||32,603|18,000|50,603|52,476|
|Fund balance carried forward||47,489|30,281|77,770|50,603|
||||Note||2020||2019|
|---|---|---|---|---|---|---|---|
|||||f|E|E|f|
|Fixed assets||||||||
|Tangible assets|||||6,899||8,487|
|Current assets||||||||
|Cash at bank||||73,767||41,789||
|Other debtors|||10|194||1,869||
|||||73,961||43,658||
|Creditors: amounts||falling due within one||||||
|year|||11|(3,090)||(1,542)||
|Net current assets|||||70,871||42,166|
|Net assets|||||77,770||50,603|
|Funds ofthe|charity|||||||
|Restricted funds|||||30,281||18,000|
|Unrestricted|funds||||47,489||32,603|
|Total funds|||12,13||77,770||50,603|
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|2.|Detailed comparatives|forthe statement|offinancial activities|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||Funds|Funds|2019|
||||E|E|f|
||Income from:|||||
||Charitable
activities||6,500|81,053|87,553|
||Otherincome||13,193||13,193|
||Total income||19,693|81,053|100,746|
||Expenditure
on:|||||
||Charitable
activities||(11,646)|(73,288)|(84,934)|
||Fund raising||(8,365)||(8,365)|
||Support costs||(9,320)||(9,320)|
||Total resources expended||(29,331)|(73,288)|(102,619)|
||Net income/(expenditure)||(9,638)|7,765|(1,873)|
||Fund balance brought|forward|42,241|10,235|52,476|
||Fund balance carried|forward|32,603|18,000|50,603|
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||||||Un-|Restricted|Tota I funds|Tota I funds|
|---|---|---|---|---|---|---|---|---|
||||||restricted|Funds|2020|2019|
||||||Funds||||
||||||E||||
|Grants receivable|||||||||
|BBCChildren
in Need||||||25,196|25,196|25,196|
|Cripplegate
Foundation||||||11,250|11,250|10,625|
|Islington
Giving||||||3,000|3,000|3,000|
|Jack Petchey Foundation||||||2,750|2,750|1,493|
|Small Change,
Big Impact||||||2,500|2,500|7,500|
|National
Lottery Emergency|Fund|||||8,350|8,350||
|Islington
Giving Emergency|Fund|||||8,350|8,350||
|Arts Council Emergency
Fund||||||7,515|7,515||
|Youth Music Emergency
Fund||||||4,300|4,300||
|Macquarie
Group Foundation|||||4,588||4,588||
|The John Thaw Foundation|||||1,000||1,000||
|Charles 5 French Charitable|Trust||||3,000||3,000||
|The Leathersellers'
Company||Charitable|||5,000||5,000||
|Foundation|||||||||
|The Broughton
Family Charitable|||Trust||500||500||
|The Cuckoo Hill Trust|||||1,500||1,500|1,000|
|The Pat Newman
Memorial|Trust||||2,000||2,000|3,000|
|Cloudesley||||||||2,000|
|The Woodward
Charitable
Trust||||||||500|
|The Clothworkers'
Foundation||||||||8,400|
|The Wingate
Foundation||||||||1,500|
|National
Lottery||||||||10,000|
|Islington
Council Andover Outreach||||Project||||4,994|
|The Morris Charitable
Trust||||||||2,500|
|Linklaters
LLP||||||||500|
|Mishcon de Reya LLP||||||||500|
|National
Foundation
for Youth||Music||||||2,345|
|Arsenal
Foundation —The Gunners||||Fund||||2,500|
|Furlough
grants||||||9,748|9,748||
|Grants received|||||17,588|82,959|100,547|87,553|
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|Other income|||
|---|---|---|
||Total funds||
||2020|2019|
||f|f|
|Subscriptions
Donations &legacies|6,155
8,248|9,336
1,811|
|Ticket and other sales|1613|2 046|
|Otherincome|16,016|13,193|
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|Charitable
activities|||
|---|---|---|
||Total funds||
||2020|2019|
||f|f|
|Staffcosts and freelance fees|71,750|71,101|
|Volunteer expenses|3,113|5,903|
|Venue hire, security and activity costs|2,526|7,930|
|Charitable
activities|77,389|84,934|
##
|Support co|sts|||||
|---|---|---|---|---|---|
|||||2020|2019|
|||||f|f|
|Insurance||||1,182|1,256|
|Telephone,|internet|and website||1,573|2,687|
|Training
and recruitment||||295|500|
|Depreciation||||1,588|891|
|Office costs||||1,368|2,396|
|Accounting|and governance||fees|1,380|1,480|
|Other support costs||||21|110|
|Support costs||||7,407|9,320|
##
|This is stated|after charg|ing:|||||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||||f|f|
|Depreciation|||||1,588|891|
|Independent|examiner's|fee|(excluding|VAT)|700|700|
##
|Total|staff costs were as follo|ws:|||
|---|---|---|---|---|
||||2020|2019|
||||E|E|
|Wages|and salaries||69,213|76,218|
|Social|security costs (including|SMP reimbursed)|483|(6,407)|
|Other|pension costs||2,054|1,290|
||||71,750|71,101|
##
||The averag|e n|umber||of part-ti|me
employees
during the year|was as follows:||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
||||||||No.|No.|
||Performing|arts practitioners||||and administration|5|4|
||||||||5|4|
|10.|Other debtors||||||||
||||||||2020|2019|
||||||||E|E|
||Prepayments||and accrued income||||194|1,397|
||Other|||||||472|
||Other debtors||||||194|1,869|
|11.|Creditors:|amounts||falling due within one year|||||
||||||||2020|2019|
||||||||f|E|
||Accruals and deferred||||income||3,090|1,542|
||Creditors:|amounts||falling due within one year|||3,090|1,542|
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|Movement
in funds
Current year|||||||||
|---|---|---|---|---|---|---|---|---|
||||||1Sept|Income|Expend-|31Aug|
||||||19||iture|20|
||||||f||f|f|
|Restricted funds|||||||||
|The Wingate
Foundation|||||1,500||(1,500)||
|National
Lottery|||||10,000||(10,000)||
|Islington
Council Andover||Outreach||Project|4,000||(4,000)||
|Small Change,
Big Impact|||||2,500|2,500|(5,000)||
|BBCChildren
in Need||||||25,196|(25,196)||
|Cripplegate
Foundation||||||11,250|(9,484)|1,766|
|Islington
Giving||||||3,000|(3,000)||
|Jack Petchey Foundation||||||2,750|(2,750)||
|National
Lottery Emergency|||Fund|||8,350||8,350|
|Islington
Giving —Emergency|||Fund|||8,350|8,350|8,350|
|Arts Council Emergency|Fund|||||7,515||7,515|
|Youth Music Emergency||Fund||||4,300||4,300|
|Furlough
grants||||||9,748|(9,748)||
|Total restricted funds|||||18,00D|82,959|(70,678)|30,281|
|Unrestricted
funds|||||||||
|General funds|||||32,603|33,604|(18,718)|47,489|
|Total unrestricted
funds|||||32,6D3|33,604|(18,718)|47,489|
|Total funds|||||50,603|116,563|(89,396)|77,770|
##
|r year|||||||
|---|---|---|---|---|---|---|
||||1Sept|Income|Expend-|31Aug|
||||18
f||ituref|19
f|
|Restricted funds|||||||
|Islington
Giving Holiday Project|||4,700||(4,700)||
|Dodds Family Charitable|Foundation||3,857||(3,857)||
|National
Foundation
for Youth Music|||1,678|2,345|(4,023)||
|Arsenal Gunners
Foundation||||2,500|(2,500)||
|BBCChildren
in Need||||25,196|(25,196)||
|Cripplegate
Foundation||||10,625|(10,625)||
|Jack Petchey Foundation||||2,493|(2,493)||
|Islington
Giving||||3,000|(3,000)||
|Cloudesley||||2,000|(2,000)||
|The Woodward
Charitable|Trust|||500|(500)||
|The Clothworkers
Foundation||||8,400|(8,400)||
|The Wingate
Foundation||||1,500||1,500|
|National
Lottery||||10,000||10,000|
|Small Change,
Big Impact||||7,500|(5,000)|2,500|
|Islington
Council Andover|Outreach|Project||4,994|(994)|4,000|
|Tota I restricted funds|||10,235|81,053|(73,288)|18,000|
|Unrestricted
funds|||||||
|General funds|||42,241|19,693|(29,331)|32,603|
|Total unrestricted
funds|||42,241|19,693|(29,331)|32,603|
|Total funds|||52,476|100,746|(102,619)|50,603|
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|Current yea|r||||
|---|---|---|---|---|
|||Tangible|Net current|Total|
|||fixed assets
f|assets
f|2020f|
|Restricted income funds|||30,281|30,281|
|Unrestricted|income funds|6,899|40,590|47,489|
|Totalfunds||6,899|70,871|77,770|
|Prior year|||||
|||Tangible|Net current|Total|
|||fixed assets|assets|2019|
|||f|f|f|
|Restricted income funds|||18,000|18,000|
|Unrestricted|income funds|8,487|24,116|32,603|
|Total funds||8,487|42,116|50,603|
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