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2021-08-31-accounts

CONTENTS
Yearended31August2021
Page
TheCharity,itsmembers,board oftrustees,
staff andprofessionaladvisers 3
Trustees' Annual Report 4 - 13
Financial accounts:
Independent examiner's report 14
Balance sheet 15
Statement offinancialactivities(incorporatingan
incomeandexpenditure account) 16
Notestothefinancialaccounts 17- 21

NumbersbenefittingfromPorts Fest 2021:
Artists
Participants
Audience(live)
Audience (broadcast,online,inwriting)
Total
220
540
5,405
415,488
421,653

31 August 2021
Note 2021
£
CURRENTASSETS
Debtors 4 5,240 28,358
Cashatbank andinhand 79,350 78,818
84,590 98,376
LIABILITIES
Creditors:Amounts fallingduewithin
oneyear 5 4,157
NETCURRENTASSETS 80,433 98,376
TOTALNETASSETS £ 80,433 £98,376
THEFUNDSOF THECHARITY:
ACCUMULATED FUNDS
Unrestrictedfunds
Restrictedfunds
9,10
9,10
80,330
103
89,376
9,eee
ACCUMULATEDFUNDS AT31 August 2021 £ 80,433 £ 98,376

2021 2020
~~unrest-~~ Rest- ~~Unrest-~~ ~~Rest-~~
Note ricted ricted Total ricted ricted Total
£ £ £ £ £ £
INCOMEFROM
Donationsandlegacies 6 21,250 21,250 50,030 9,900 59,930
Charitableactivities 7 4,230 4,230
Other income 303 303 103 103
Totalincome 25,783 - 25,783 50,133' 9,900 60,033
--
EXPENDITUREON
Charitableactivities 8 34,829
--
8,897 43,726 28,59B 900 29,490
Totalresourcesexpended 34,829 8,897 43,726 28,590 900 29,490
NETINCOME(EXPENDITURE) (9,046) (8,897)
(17,943)
21,543 9,000 30,543
NETMOVEMENTINFUNDS (9,046) (8,897)
(17,943)
21,543 9,000 30,543
RECONCILIATIONOFFUNDS
Totalfunds brought forward 9,10 89,376 9,000 98,376 67,833 57,833
TOTALFUNDSCARRIEDFORWARD 9,10 £80,330 £
103
£80,433 £89,376 £ 9,000 £98,375

2021
E
5,240
5,240
2020
£
20,358
NOTE5 - CREDITORS
Fallingdue withinoneyear 2021 2020
E £
Accruals 4,157
£ 4,157 £

2021
Yearended31August2021
~~unrest-~~
Rest-
ricted
ricted
Total
E
E
E
Donationsandgifts
21,250
21,250
£21,250
E
£21,250
2020
Yearended31August2020
~~Unrest-~~
~~Rest-~~
ricted
ricted
Total
E
E
E
Donationsaodgifts
48,550
48,550
Grants
1,480
9,900
11.,,380
£50,030
£9,900
£59,930
2021

NOTE7 - INCOMEFROMCHARITABLEACTIVITIES
Year ended31August2021
Ticketsales
Year ended31August2020
Ticketsales
NOTE8 -
EXPENDITUREONCHARITABLEACTIVITIES
Year ended31August2021
Subscriptionsandlicences
Marketing
General expenses
Legal/professionalfees
Performers
Lighting, soundandtechnical
Venuehire
Insurance
Salaryandprojectmanagement
Accountancy
~~Unrest-~~
ricted
£
4,230
£4,230
~~Unrest-~~
ricted
£
£
~~Unrest-~~
ricted
£
998
11,343
2,897
666
8,671
1,781
1,013
282
5,678
1,500
£
2021
~~Rest-~~
ricted
£
£
2020
~~Rest-~~
ricted
£
2021
~~Rest-~~
ricted
£
94
281
805
£34,829
£ B,897
Year ended31August2020
Subscriptions
Marketing
General expenses
LegaL/profess.ionaLfees
Performers
Trustee expenses
Insurance
Salarycosts
Accountancy
~~Unrest-~~
ricted
£
518
14,561
611
2,664
2,530
/154)
488
5,872
1,500
2020
~~Rest-~~
ricted
£
900
£
2021
~~Rest-~~
ricted
£
£
2020
Total
£
4,230
£4,230

Total
£
Total
£
998
11,343
2,991
666
15,735
2,434
1,013
563
6,483
1,.500
£43,726
Total
£
518
14,561
611
2,664
3,430
(154)
488
5,872
1,500
£29,490
~~Rest-~~
ricted
£
900

Balances
Yearended31August2021
brought
Incoming
forward
resources
£
£
Unrestricted
General fund
89,376
25,783
Restricted
National Heritage
Submerged
9,000
f98,376
f25,783
Balances
Yearended31August2020
brought
Incoming
forward
resources
£
£
Unrestricted
General fund
67,833
50,133
Restricted
National Heritage
Submerged
9,900
£67,833
£60,033
NOTE10- ANALYSISOFNETASSETSBETWEENFUNDS
Yearended31August2021
Unrestricted
General fund
Restricted
- National HeritageSubmerged
ACCUMULATEDFUNDSAT31AUGUST2021
Yearended31August2020
Unrestricted
General fund
Restricted
- National HeritageSubmerged
ACCUMULATEDFUNDSAT31AUGUST2020
Direct
Transfers
Balances
outgoing
between
carried
resources
funds
forward
£
£
£
(34,829)
80,330
(8,897)
103
f(43,726)
£
f80,433
Direct
Transfers
Balances
outgoing
between
carried
resources
funds
forward
£
£
£
(28,590)
89,376
(900)
9,@00
£(29,490)
£
£98,376
Fixed
Netcurrent
Net
assets
assets
assets
£
£
£
80,330
80,330
103
103
£
£80,433
£80,433
Fixed
Netcurrent
Net
~~assets~~
assets
assets
£
£
£
89,376
89,376
9,000
9,000
£
£98,376
£98,376