2021-03-31-accounts - Knitting And Crochet Guild

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

directors)	directors)	throughout the year until the date ofsigning Office Held Joined the	throughout the year until the date ofsigning Office Held Joined the	throughout the year until the date ofsigning Office Held Joined the	Leftthe
				Board	Board
J	Collins	Chair
A	Boston			09/03/2021	13/05/2021
D	Chan			12/09/2020
L	Curry				12/09/2020
M	Dye				12/09/2020
T	East			09/03/2021
S	Foreman			16/07/2020
C	Griffel	Vice Chair (from 12/9/2020)
E	Hood			12/09/2020
J	Hulme				12/09/2020
D	Jeans			12/09/2020
B	Kolator	Secretary			01/06/2020
F	Mannifield
S	Matthews				11/02/2021
G	Oliver				10/04/2020
A	Peck	Vice Chair (to 12/9/2020)
		Assistant	Treasurer	(from 12/9/2020)
	Schoon	Secretary		11/02/2021
	Scott			11/02/2021
	Taylor				12/09/2020
	Tidy			09/03/2021
	Turner	Treasurer

IO Ba 3 IO N Ol O.e p X e ID —n C N N ol o. n IO C ( Gl IO OI IO	IO Ba 3 IO N Ol O.e p X e ID —n C N N ol o. n IO C ( Gl IO OI IO	C CL N O ID @ Q. 0i DI CL	C CL N CO iK	Q N C CL Ol	0 C0 030 0 N OI CL	003 X 0		O Ol IT R( ION	Ol. N IO CL	rn0	Q	0 e N Q OIR(' OI Ol	O 5. 5I CT CO IO Ol	Ol p				0 n m 0 0 '00 Cl ID ID co CO & g a ga 0 IO 3 2 yo 0 O CLz5 z 0 OI 0 CL oo Q n Q 0 OI g P3 jCL' n Co OO CL Z0	0 n m 0 0 '00 Cl ID ID co CO & g a ga 0 IO 3 2 yo 0 O CLz5 z 0 OI 0 CL oo Q n Q 0 OI g P3 jCL' n Co OO CL Z0	0 n m 0 0 '00 Cl ID ID co CO & g a ga 0 IO 3 2 yo 0 O CLz5 z 0 OI 0 CL oo Q n Q 0 OI g P3 jCL' n Co OO CL Z0
3	C					z												'Ooc		N
n p 5C	FL S N Ol IO					'C0 OI													CL
IO Ol n	N OI Q O.										IV	IV	IO	III	Z 0 OI				Q Olnn0
N	g (O
	ION Nnp IO														lol	NI	oo
															ID	N CL n	OJ 0 ~
																R.
		CI4 co	CD					CD							6 IDg		oo oo
		CD
		Ol
			IO
			CI
			IO CI						CDI5
																CI
																	ho
															ID	K	CO hoO
																OI
																CL
														I
																	DI
					Ol CI M		lp CI CI	4 OI CI	OI CI	IP IO cu	O4 SSCS Cl Cl OI DO				ID@		Iu
				I

As at 31 INarch 2	021
		Note		2021f		2020f
Fixed assels
Intangible assets				2,112		856
Tangible assets				7,555		10,060
Heritage assets				13,584		13,584
Total fixed assets				23,251		24,500
Current assets
Debtors &Prepayments		10	28,136		7,801
Cash at bank and in hand			58,720		65,606
Total current assets			86,856		73,407
Liabilities
Creditors: amounts	falling due within
one year		11	5,221		10,793
Net current assets				81,635		62,614
Total assets less current liabilities				104,886		87,114
The funds ofthe charity:
Unrestricted funds		13		104,886		82,568
Restricted funds		14				4,546
				104,886		87,114

Analysis ofexpenditure	on:
		2021	2020
Rahing funds		8
200 Club prizes		650	750
Charitable Activities
Slipknot Production		11,280	12,733
Shows and Exhibition Expenses			891
Show equipment depreciation		22	129
Study Days and Workshops			24
Insurance		562	514
Postage & Printing		2,045	2,857
Premises (Britannia Mill) costs:
-Rent, rates and service charges		5,727	6,135
- Buildings insurance		381	102
-Electricity		129	479
- Internet connection		501	166
-Repairs and maintenance		285	451
-Depreciation		2,309	2,309
Collection costs:
-Collection materials		1,474	840
-Collection expenses		182	474
-Depreciation		601	465
- HLF Expenditure (Restricted) note 14		4,745	4,539
Un-Convention/(Convention)	expenditure	801	32,338
Membership
-Membership expenses		1,340	1,189
-Database depreciation		467
-Database running costs		2,052
Promotional artwork		507
Website costs
-software and fees		1,297	2,787
-website depreciation		677	748
Governance costs:
-Governance expenses		688	3,189
-Trustee indemnity insurance		101	91
		38,173	73.450
Being:
Restricted funds		4,745	4,539
Unrestricted funds
Designated funds		2,257	1,779
General funds		31,171	67,132
		30,173	73,450

The total op	erating lease payments under the non-cancella	ble lease for Brita	nnia Mill are
		2021	2020
Not later than one year		6,512	6,300
Later than	one year and not later than 5years	11,939	17,850
		18,451	24,150
The amounts	chargeable to the Statement of Financial Activities	will be
Within 1 year		6,197	5,985
Between 2	65years	11,361	22,942
		17558	28827

Operating lease	Operating lease
The total operating lease payments		under the non-cancellable lease for Britannia		Mill are
			2021	2020
Not later than one year			6,512	6,300
Later than one year and	not later than	5years	11,939	17,850
			18,451	24,150
The amounts chargeable	to the Statement of Financial Activities		will be
Within 1 year Between 2 &5years			6,197 11,361	5,985 22,942
			17558	28 827

9	Heritage asse	t	s
											Library	Collection	Total
											6	8	6
	Cost at 31 March 2020 and					at	31	March	2021		7,941	5,643	13,584
10	Debtors and prepayments
											2021		2020
											E		E
	Prepayments										9,031		6,665
	Accrued Income										18,357		1,136
	Other debtors										748
											28,136		7,801
	Creditors and		accruals
											2021		2020
											8		6
	Accruals										2,859		448
	Deferred income		(note 12):
	Convention fees			received		in	advance				1,344		8,953
	Subscriptions	paid in advance									125		185
	Other creditors										893		1,207
											5,221		10,793
12	Deferred Income
											2021		2020
											8		E
	Deferred income		brought		forward						9,138		11,569
	Released in the		year								(7,694)		(11,509)
	Deferred in the	year									25		9,078
	Deferred income		cerned		forward						1,469		9,138
13	Unrestricted	Funds
	Current year						At	31.3.2020		Income	Expenditure	Transfers	At31.3.2021
								8			8	E	E
	Designated funds
	(a) Charities Advisory Trust (b) Collection							24,	385 111	425	2,257		385 22,279
	Total designated			funds				24,496		425	2,257		22,664
	Generalfunds							58,072		56,170	31,821	(199)	82,222
								82,568		56,595	34,078	(199)	104,886

fnd
Allocation ofnet assets between us	Designated Funds	General Funds	Restricted Funds	Total Funds
2021 Fixed Assets Cash at bank and in hand Other net assets	E	E 23,251 36,056 22,915	6	E 23,251 58,720 22,915
2020Total	22,664	82,222		104,886
2020 Fixed Assets Cash at bank and in hand Other net assets/(liabilities)	24,496	24,500 36,564 (2,992)	4,546	24,500 65,606 (2,992)
	24,496	58,072	4,546	87,114