## **Trustees’ Annual Report for the period**
**From** 1[st] April 2020 **Period start date To** 31[st] March 2021 **Period end date**
**Charity name:** Equal People Performing Arts
**Charity registration number:** 1116649
## **Objectives and Activities**
||SORP
reference||
|---|---|---|
|Summary of the
purposes of the charity
as set out in its
governing document|Para 1.17|The objectives of the charity are to advance education
in the Performing Arts in particular of children, young
people and adults with special needs or who are
disadvantaged by providing workshops and activities|
|Summary of the main
activities in relation to
those purposes for the
public benefit, in
particular, the
activities, projects or
services identified in
the accounts.|Para 1.17
and 1.19|in the Performing Arts in order to assist with their
integration into the community.
To preserve and protect the health of the public at
large by the provision of classes, workshops and
courses.
In furtherance of the Objects but not otherwise, the|
|Statement confirming
whether the trustees
have had regard to the
guidance issued by the
Charity Commission
on public benefit|Para 1.18|Trust has the following powers:
1. To seek and accept grants from any source
whatsoever;
2. To raise funds and invite and receive contributions
and donations: PROVIDED that in raising funds the
Trustees shall not undertake any substantial
permanent trading and shall conform to any relevant
statutory regulations;
3. To take all necessary action for publicising and
disseminating information concerning the Trust;
4. Subject to such consents as may be required from
time to time by law to buy, take on lease or in
exchange, hire or otherwise acquire any property
necessary for the achievement of the Object and to
maintain and equip it for use to lease exchange or
otherwise dispose of the same;
5. Subject to any consent required by Law, to borrow
money and to charge the whole or any part of the
property of the Trust with repayment of the money
borrowed;
6. To co-operate with other charities, voluntary bodies
and statutory authorities and other institutions or
organisations operating in furtherance of the Objects
or for similar purposes and to exchange information
and advice with them;
7. To establish and support any charitable trusts,
associations or institutions formed for the Objects;|
8. To appoint and constitute such advisory committees as the Trustees think fit PROVIDED that members of such advisory committees, who are not also properly appointed Trustees of the Trust, may not vote at meetings of the Trustees; 9. To employ such staff (who shall not be Trustees) as the Trustees consider to be necessary and to make all reasonable and necessary provisions for the payment of pensions and superannuation to staff and their dependants; 10. To delegate to any one or more of the Trustees the transaction of any business or the performance of any act required to be transacted or performed which is within the professional or business competence of such Trustee or Trustees PROVIDED that the Trustee shall exercise reasonable supervision over any Trustee or Trustees acting on their behalf under this provision and shall ensure that all their acts and proceedings are fully and promptly reported to them; 11. To accumulate monies belonging to the Trust fund for such period as may from time to time be authorised by law; 12. To collect and disseminate information in all matters affecting the Objects and exchange such information with other bodies or organisations having similar objects; 13. To establish and operate both current accounts and deposit accounts with Banks and Building Societies in the name of the Trust; 14. To receive, take and accept gifts of monies, investments or other such property whether subject to any special trusts or not; 15. To do all such other lawful things as are necessary for the achievement of the Objects Having regard to the Charity Commission’s public benefit guidance, the trustees are able to declare that: • We are aware of the guidance • We have taken it into account in decision making, where the guidance is relevant • We are not aware of any incidents where we have departed from the guidance
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|Equal People Performing Arts does not
have a formal policy on grant making.|
|Policy on social investment
including program related
investment|Para 1.38|Equal People Performing Arts does not
have a formal policy on Social Investment.|
|Contribution made by
volunteers|Para 1.38|Equal People Performing Arts does not
have a formal policy on the Contribution
made by Volunteers.|
|---|---|---|
|Other|||
## **Achievements and Performance**
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SORP
reference
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|**Achievements and Performance**|**Achievements and Performance**|**Achievements and Performance**|
|---|---|---|
|SORP
reference|||
||||
|Summary of the
main
achievements of
the charity,
identifying the
difference the
charity’s work has
made to the
circumstances of
its beneficiaries
and any wider
benefits to society
as a whole.|Para 1.20|During the 2020/21 year our preferred provider, Mushroom
Theatre Company, had to deliver their classes virtually for
much of the year due to the Covid 19 Pandemic. They
were still able to support many of the charity objectives:
A course of Street Dance classes at a Special
Educational Needs Schools
First aid training for 15 staff and volunteers.
Delivery of ‘Short Breaks for Disabled Children’ days in
school holidays funded by ECC.
Delivery of Drama workshops to Young Carers
Continued to run the ever expanding adult SEND
provision on line and in person when allowed. Also
weekly contact with those unable to zoom and sending
out activity packs monthly
Delivery of dance workshops at primary schools
Entered integrated performance pieces in competitive
virtual show
100% pass rate in exam sessions which included four
students with SEND
Essex Vocal Coaching a charity choir
Virtual community care home projects
Any activities undertaken in person were done so in a
COVID safe way.|
**Additional information (optional)** You may choose to include further statements where relevant about:
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|
||||
|Achievements
against objectives
set|Para 1.41|2020/21 has been a challenging year for the charity to fulfil the
objectives due to the limitations from the COVID 19 pandemic.
The charity took all necessary steps to adhere to the measures
expected to protect our students, many of whom are vulnerable,
from harm.
During the period 1stApril 2020 – 31stMarch 2021 we raised
income of £90245 before costs of the charit Income of £27383|
|Performance of
fundraising
activities against
objectives set|Para 1.41|, y. ,
relating to donations and legacies from supporters of the charity
were received compared to the prior year (£39,659), most
significantly £45,120 was received in a single donation from
Ursula Stroher, £2,000 from St James place and £2,824 from the
Westcliff Rotary Club. We also received a grant of £25,000 from
Rochford District Council.
Expenditure incurred was £65,710 however this includes
|
|||depreciation of £24,683, from investment in the building, and half
of the donation from Ursula Stroher (£22,560) was invested in|
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Mushroom Theatre Company to support delivering activities on
Investment Para 1.41 behalf of the charity. The net result in 2020/21 is a £24,535
performance surplus.
against objectives
The medium term goal of the charity was to replenish cash
reserves to facilitate further investment in the premises. This has
been achieved, with cash reserves increasing from £137,329 in
2019/20 to £152,404 in 2020/21. The long term goal is to
continue to develop the unused studio space into an accessing
theatre for small scale productions.
Donations and sponsorships have been significant during
2020/21. Regrettably the impact of COVID-19 affected the ability
to progress events and activities in support of the charity
objectives.
Our largest expenditures in year (excluding depreciation) were
with: Joben Properties for the rent of the building (£19,340), and
Gas & Electricity through Utilities Warehouse (£3,012).
Other
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## **Financial Review**
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Review of the Para 1.21 Regrettably the annual plan of £12,000 was not achieved
charity’s financial by the fund raising team this year due to the devastating
position at the end effects of COVID 19.
of the period As lockdown eases the charity, working with Mushroom
Theatre Company, will progress charitable activities again
following the appropriate guidelines.
Statement Para 1.22
explaining the The goal of Equal People was to open performing arts
policy for holding facilities that are accessible to all. In 2014/2015 a facility to
reserves stating accommodate the needs of the charity was opened and
why they are held the many years of donations and charitable activities was
Amount of Para 1.22 invested. During 2020/21 the charity has maintained the
reserves held wonderful facility to ensure that opportunities are available
Reasons for Para 1.22 to allow the charity to continue fulfilling the objectives in
holding zero years to come.
reserves
At the end of 2020/21 Equal People had funds of £209,215
carried forward towards future charity priorities, of which
£152,404 relate to cash reserves.
It is the charity policy that reserves are secured within low
risk investments, in a way that gives the best return whilst
being flexible to achieve the goal. The policy on charity
reserves will be reviewed following the opening of the
Equal People theatre.
Details of fund Para 1.24 There are no funds in any deficit within the charity.
materially in deficit
Explanation of any Para 1.23 There are no concerns regarding the charity continuing as
uncertainties a going concern.
about the charity
continuing as a
going concern
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## **Additional information (optional)**
## You may choose to include further statements where relevant about:
|You may choose to include further statements where relevant about:|You may choose to include further statements where relevant about:|You may choose to include further statements where relevant about:|
|---|---|---|
||||
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|The primary source of income for Equal
People Performing Arts has been through
grants and donations in 2020/21. This is
uncommon from previous years due to the
impact of COVID 19. The few activities that
were maintained are set out in the
‘Summary of the main activities in relation
to these objects’ section of this document.|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|Prior to 2014/15 the target of the charity
was to obtain a suitable premises for
performing arts students, accessible to all.
This stage of the journey was realised
when a premises was identified with the
space and potential to provide an
environment accessible for all. The charity
leases this premises from Joben Properties
on a renewable 7 year lease. Investment
has been made into the building by the
charity to ensure that the premises are fit
for purpose. The lease was renewed from
24thJune 2020 until 23rdJuly 2026.
The charity has set out in the longer term
plans the desire to develop building 2 of the
premises rented by the charity into a
theatre. This is not possible until the charity
has replenished its reserves for capital
investment. This is the priority in the
medium term. In the short term the charity
is developing plans to ensure that the
existing space is fully utilised and provision
made for access as per the charity
objectives.
Beyond these plans, Equal People
Performing Arts does not have a formal
investment policy.|
|A description of the principal
risks facing the charity|Para 1.46|Principle risks facing Equal People
Performing Arts is the underutilisation of
the facility, resulting in running costs
exceeding charitable donations.|
|Other|||
## **Structure, Governance and Management**
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Description of charity’s
trusts:
Para 1.25
Type of governing document Equal People Performing Arts holds a Trust
(trust deed, royal charter) Deed, which came into force from 21 [st]
August 2006.
How is the charity Para 1.25
constituted? The Charity’s governing documents have
(e.g unincorporated been approved by the board of Trustees,
association, CIO) who meet regularly throughout the year,
including an Annual General meeting.
Trustee selection methods Para 1.25
including details of any Equal People Performing Arts does not
constitutional provisions e.g. hold a documented process for selecting
election to post or name of new Trustees. However, should positions
any person or body entitled need filling an open and transparent
to appoint one or more process would be followed for selection.
trustees
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s organisational
structure and any wider Para 1.51
network with which the
charity works
Relationship with any related Para 1.51
parties
Other
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## **Reference and Administrative details**
|Charity name|Equal People Performing Arts|
|---|---|
|Other name the charity uses||
|Registered charity number|1116649|
|Charity’s principal address|29 Brook Road
Rayleigh
Essex
SS6 7XJ|
**Names of the charity trustees who manage the charity**
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Paul Shuttleworth Chair/ Fundraising Whole Year
2 Dawn Scrafield Treasurer Whole Year
3 Ian Smith Trustee Whole Year
4 Steve Westrop Trustee Whole Year
5 Phil Trustee Whole Year
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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## – Corporate trustees names of the directors at the date the report was approved
## **Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
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Type of Name Address
adviser
Chartered Huggins, Bromage 109 Orsett Road, Grays, Essex
Architects and Ferguson - RM17 5HA
Chartered Architects
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## **Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|Paul Shuttleworth (Jan 24, 2022 19:58 GMT)|
|---|---|
||Paul Shuttleworth|
||
Chairman|
||25/01/2022|
||25/01/2022|
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Charity Name: Equal People Performing Arts Charity No 1116649
Company No
Annual accounts for the period
Period end
Period start date To
1st April 2020 date 31st March 2021
Section A Statement of financial activities (including summary income and expenditure account)
Restricted
Unrestricted income Endowment Prior year
Recommended categories by activity funds funds funds Total funds funds
£ £ £ £ £
Income (Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies S01 27,383 - 27,383 39,659
Charitable activities S02 12,509 - - 12,509 26,186
Other trading activities S03 406 - - 406 9,483
Investments S04 3 - - 3 10
Separate material item of income S05 49,944 49,944 54,500
Other S06 - - - - -
Total S07 90,245 - - 90,245 129,838
Expenditure (Notes 6)
Expenditure on:
Raising funds S08 216 - - 216 804
Charitable activities S09 34,316 - - 34,316 17,432
Separate material expense item S10 19,340 - - 19,340 21,218
Other S11 11,838 - - 11,838 58,433
Total S12 65,710 - - 65,710 97,887
Net income/(expenditure) before tax for the
reporting period S13 24,535 - - 24,535 31,951
Tax payable S14 - - - - -
Net income/(expenditure) after tax before
investment gains/(losses) S15 24,535 - - 24,535 31,951
Net gains/(losses) on
investments S16 - - - - -
Net income/(expenditure) S17 24,535 - - 24,535 31,951
Extraordinary items S18 - - - -
Transfers between funds S19 - - - - -
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for
the charity’s own use S20 - - - - -
Other gains/(losses) S21 - - - - -
Net movement in funds S22 24,535 - - 24,535 31,951
Reconciliation of funds:
Total funds brought forward S23 184,180 500 - 184,680 152,729
Total funds carried forward S24 208,715 500 - 209,215 184,680
Guidance Note
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-
Charity Name: **Equal People Performing** Charity No **1116649 Arts** Company No
## **Section B Balance sheet**
|Guidance Note
**Fixed assets**
**Intangible assets (Note 15)**
B01
**Tangible assets (Note 14)**
B02
**Heritage assets (Note 16)**
B03
**Investments (Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks (Note 18)**
B06
**Debtors (Note 19)**
B07
**Investments (Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
**Creditors: amounts falling due within one**
**year (Note 20)**
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
**Creditors: amounts falling due after one**
**year (Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds (Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22|**Unrestricted**
**funds**
**£**
F01
-
177,154
-
-|
**Restricted**
**income**
**funds**
**£**
F02
-
-
-
-|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04
- -
- 177,154
- -
- -|**Total last**
**year**
**£**
F05|
|---|---|---|---|---|
|||||-
64,831
-
-|
||177,154|-|- 177,154|64,831|
||-
1,325
5,204
146,700|-
-
-
500|- -
- 1,325
- 5,204
- 147,200||
|||||-
3,419
5,201
132,128|
||153,228|500|- 153,728|140,748|
|||||16,586|
||22,417|-|- 22,417||
||||||
||130,811|500|- 131,311|124,162|
||||||
||307,965|500|**-**308,465|188,993|
|||||-
4,313|
||-
99,250|-
-|- -
- 99,250||
||||||
||208,715|500|- 209,215|184,680|
||-
208,715|500|- -
500
- 208,715
-|-
500
184,180
-|
||208,715|500|- 209,215|184,680|
_**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_
_**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_
_**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**_
## _**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_
|Signed by one or two trustees/directors on behalf of all the trustees/directors
Signature of director authenticating accounts being sent to Companies House
|Date of
approval
dd/mm/yyyy
24/01/2022
Date
dd/mm/yyyy
**Print name**
Signature
Print Name
Paul Shuttleworth
Paul Shuttleworth (Jan 24, 2022 19:58 GMT)|
|---|---|
Signature of director authenticating accounts being sent to Companies House
## **Section C Notes to the accounts**
## Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
|• and with*
• and with*|
the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued
on 16 July 2014
the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)|
|---|---|
• and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
* -Tick as appropriate
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
|An explanation as to those factors that support
the conclusion that the charity is a going
concern;
Disclosure of any uncertainties that make the
going concern assumption doubtful;
Where accounts are not prepared on a going
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.|**_Not applicable_**
**_Not applicable_**
**_Not applicable_**
|
|---|---|
## **1.3 Change of accounting policy**
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.
|Yes*
||||
|---|---|---|---|
||* -Tick as appropriate|||
|No*
||||
|**_Please disclose:_**||||
|||**_Not applicable_**||
|**_(i) the nature of the change in accounting policy;_**||||
|||**_Not applicable_**||
|**_(ii) the reasons why applying the new accounting policy_**||||
|**_provides more reliable and more relevant information;_**||||
|**_and_**||||
|**_(iii) the amount of the adjustment for each line affected_**||**_Not applicable_**||
|**_in the current period, each prior period presented and_**||||
|**_the aggregate amount of the adjustment relating to_**||||
|**_periods before those presented, 3.44 FRS102 SORP._**||||
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).
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Yes*
* -Tick as appropriate
No*
Please disclose:
Not applicable
(i) the nature of any changes;
Not applicable
(ii) the effect of the change on income and expense or
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one or Not applicable
more future periods.
1.5 Material prior year errors
No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).
Yes*
* -Tick as appropriate
No*
Please disclose:
Not applicable
(i) the nature of the prior period error;
(ii) for each prior period presented in the accounts, the Not applicable
amount of the correction for each account line item
affected; and
(iii) the amount of the correction at the beginning of the Not applicable
earliest prior period presented in the accounts.
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**Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies 2.2 INCOME**
**Recognition of income** These are included in the Statement of Financial Activities (SoFA) when: the charity becomes entitled to the resources; it is more likely than not that the trustees will receive the resources; the monetary value can be measured with sufficient reliability. There has been no offsetting of assets and liabilities, or income and expenses, unless **Offsetting** required or permitted by the FRS 102 SORP or FRS 102. Grants and donations are only included in the SoFA when the general income **Grants and donations** recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets **Legacies** in the estate and any conditions attached to the legacy are either within the control of the charity or have been met.
**Government grants** The charity has received government grants in the reporting period Gift Aid receivable is included in income when there is a valid declaration from the **Tax reclaims on** donor. Any Gift Aid amount recovered on a donation is considered to be part of that **donations and gifts** gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. **Contractual income and** This is only included in the SoFA once the charity has provided the related goods or **performance related** services or met the performance related conditions. **grants** Donated goods are measured at fair value (the amount for which the asset could be **Donated goods** exchanged) unless impractical to do so. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.
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Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
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Yes* No* N/a*
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**Donated services and** Donated services and facilities are included in the SOFA when received at the value of **facilities** the gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. **Support costs** The charity has incurred expenditure on support costs.
|**Volunteer help**|The value of any voluntary help received is not included in the accounts but is
described in the trustees’ annual report.|
|---|---|
|**Income from interest,**|This is included in the accounts when receipt is probable and the amount receivable|
|**royalties and dividends**|can be measured reliably.|
|**Income from membership**|Membership subscriptions received in the nature of a gift are recognised in Donations|
|**subscriptions**|and Legacies.|
||Membership subscriptions which gives a member the right to buy services or other|
||benefits are recognised as income earned from the provision of goods and services as|
||income from charitable activities.|
|**Settlement of insurance**
**claims**|Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.|
|**Investment gains and**
**losses**|This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the|
||year.|
|**2.3 EXPENDITURE**|**AND LIABILITIES**|
||Liabilities are recognised where it is more likely than not that there is a legal or|
|**Liability recognition**|constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.|
|**Governance and support**|Support costs have been allocated between governance costs and other support.|
|**costs**|Governance costs comprise all costs involving public accountability of the charity and|
||its compliance with regulation and good practice.|
||Support costs include central functions and have been allocated to activity cost|
||categories on a basis consistent with the use of resources, eg allocating property costs|
||by floor areas, or per capita, staff costs by the time spent and other costs by their|
||usage.|
|**Grants with performance**|Where the charity gives a grant with conditions for its payment being a specific level of|
|**conditions**|service or output to be provided, such grants are only recognised in the SoFA once the|
||recipient of the grant has provided the specified service or output.|
|**Grants payable without**|Where there are no conditions attaching to the grant that enables the donor charity to|
|**performance conditions**|realistically avoid the commitment, a liability for the full funding obligation must be|
||recognised.|
|**Redundancy cost**|The charity made no redundancy payments during the reporting period.|
|**Deferred income**|No material item of deferred income has been included in the accounts.|
|**Creditors**|The charity has creditors which are measured at settlement amounts less any trade
discounts|
||A liability is measured on recognition at its historical cost and then subsequently|
|**Provisions for liabilities**|measured at the best estimate of the amount required to settle the obligation at the|
||reporting date|
|**Basic financial**
**instruments**|The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.|
## **2.4 ASSETS**
**Tangible fixed assets for** These are capitalised if they can be used for more than one year, and cost at least **use by charity** They are valued at cost.
**----- Start of picture text -----**
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
Yes* No* N/a*
£5,000
Yes* No* N/a*
**----- End of picture text -----**
The depreciation rates and methods used are disclosed in note 14.
**----- Start of picture text -----**
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through
Intangible fixed assets
custody or legal rights. The amortisation rates and methods used are disclosed in note
15.
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
Heritage assets
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 16.
They are valued at cost.
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
Investments
end. The same treatment is applied to unlisted investments unless fair value cannot
be measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost
progress or net realisable value.
Goods or services provided as part of a charitable activity are measured at net
realisable value based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on
the contract.
Debtors (including trade debtors and loans receivable) are measured on initial
recognition at settlement amount after any trade discounts or amount advanced by the
Debtors
charity. Subsequently, they are measured at the cash or other consideration expected
to be received.
The charity has investments which it holds for resale or pending their sale and cash
Current asset and cash equivalents with a maturity date less than one year. These include cash on
investments deposit and cash equivalents with a maturity of loss than one year held for investment
purposes rather than to meet short-term cash commitments as they fall due.
They are valued at fair value except where they qualify as basic financial instruments.
**----- End of picture text -----**
||Yes*|No*|N/a*|
|---|---|---|---|
|||||
||Yes*|No*|N/a*
|
||Yes*|No*|N/a*|
|||||
||Yes*|No*|N/a*|
|||||
|||||
||Yes*|No*|N/a*|
|||||
|||||
||Yes*|No*|N/a*|
|||||
||Yes*|No*|N/a*|
|||||
||Yes*|No*|N/a*|
|||||
||Yes*|No*|N/a*|
|||||
|||||
||Yes*|No*|N/a*|
|||||
||Yes*|No*|N/a*|
|||||
|||||
|||||
||Yes*|No*|N/a*|
|||||
**POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE**
**Section C Notes to the accounts (cont)**
**----- Start of picture text -----**
Note 3 Income
Restricted
Unrestricted income Endowment
Analysis of income funds funds funds Total funds Prior year
£ £
Donations Donations and gifts 2,552 - - 2,552 38,547
and legacies: Gift Aid - 169 - - - 169 1,112
Legacies - - - - -
General grants provided by government/other
charities 25,000 - - 25,000 14,500
Total 27,383 - - 27,383 54,159
Charitable
activities: Mushroom Theatre Rent & SLA 8,000 8,000 12,000
Studio Hire 4,509 4,509 14,186
Other - - - - -
Total 12,509 - - 12,509 26,186
Other trading Annual Ball
activities: - - - - 2,594
Recycling 11 - - 11 91
Celebration BBQ - - - - 768
Cakes/ Refreshments - - - - 935
Raffles - - - - 588
Quiz Night - - - - 333
Sponsorships 285 - - 285 2,347
Good luck boxes 10 - - 10 10
Carnival - - - - 388
Essex Lottery 100 - - 100 194
Other - - - - 1,235
Total 406 - - 406 9,483
Income from Interest income 3 - - 3 10
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total 3 - - 3 10
Separate ATG Productions LT Ian McKellan Show - - - - 40,000
material item Ursula Stroher STI 45,120 - - 45,120 -
of income St James Place 2,000 - - 2,000 -
Westcliff Rotary Club 2,824 - - 2,824 -
Total 49,944 - - 49,944 40,000
Other: Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset
held for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 90,245 - - 90,245 129,838
Other information:
All income in the prior year was unrestricted except for: (please
provide description and amounts)
**----- End of picture text -----**
**Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.**
**Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)**
**Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).**
**Section C Notes to the accounts (cont)**
## **Note 4 Analysis of receipts of government grants**
**Government grant 1 Government grant 2 Government grant 3 Other**
_**Please provide details of any unfulfilled conditions and other contingencies attaching to grants that have been recognised in income.**_
_**Please give details of other forms of government assistance from which the charity has directly benefited.**_
**----- Start of picture text -----**
This year Last year
Description £ £
Essex County Council - Grant - 14,500
Rochford District Council 25,000 -
- -
- -
Total 25,000 14,500
**----- End of picture text -----**
**Section C Notes to the accounts (cont)**
## **Note 6 Expenditure**
**----- Start of picture text -----**
Unrestricted Restricted Endowment
Analysis of expenditure funds income funds funds Total funds Prior year
£ £
Expenditure on Incurred seeking donations 216 - - 216 216
raising funds:
Staging fundraising events
- - - - 218
Advertising, marketing, direct mail and
publicity - - - - 370
Rent collection, property repairs and
maintenance charges - - - 92,454
Adhoc
- - - - -
Total expenditure on raising funds 216 - - 216 93,258
Expenditure on Provision of performing art lessons &
24,832 - - 24,832 -
charitable advertising
activities Direct support costs 9,484 - - 9,484 -
Annual Ball
- - - - 4,472
Celebration BBQ - - - - 148
Adhoc
- - - - 9
- - - - -
Total expenditure on charitable
activities 34,316 - - 34,316 4,629
Separate material Premises Rental 19,340 - - 19,340 17,250
item of expense
- - - -
- - - - -
- - - - -
Total 19,340 - - 19,340 17,250
Other Other resources expended
11,838 - - 11,838 -
- - - -
- - - - -
Total other expenditure 11,838 - - 11,838 -
TOTAL EXPENDITURE 65,710 - - 65,710 97,887
**----- End of picture text -----**
## **Other information:**
## **Analysis of expenditure on charitable activities**
**----- Start of picture text -----**
Activity or Grant funding Total this Total
Activities undertaken directly Support Costs
programme of activities year prior year
£ £ £ £ £
Activity 1 Annual Ball - - 4,472
Activity 2 Celebration BBQ - - 148
Activity 3 Adhoc - - 9
Activity 4 Provision of performing 24,832 24,832 -
Activity 5 Direct support costs 9,484 9,484 -
Activity 6 - -
Activity 7 - -
Activity 8 - -
Activity 9 - -
Activity 10 - -
Other - -
Total 0 34316 34316 4629
**----- End of picture text -----**
**Prior year expenditure on charitable activities can be analysed as follows:**
**Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts)**
Most significant cost in 2019/20 related to the hire of the Arlington Rooms for the Annual Ball (£3,972). Due to the devastating impact of COVID 19 the charity have been unable to undertake any charitable events during 2020/21.
Depreciation is included; £ 57,604.20 in 2019/20 and £9,683.03 in 2020/21. Assets include the creation of the studios, replacement roof and the development of the corridor. The lease was renewed in 2020/21 allowing the residual value of the assets to be amortised over the life of the new lease period being 24th June 2020 - 23rd June 2026.
**Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).**
**Section C Notes to the accounts (cont)**
## **Note 7 Extraordinary items**
## _**Please explain the nature of each extraordinary item occurring in the period.**_
|**Extraordinary item 1**
**Extraordinary item 2**
**Extraordinary item 3**
**Extraordinary item 4**
**Description**
Annual Rental including legal fees
**Total extraordinary items**|**Description**|**This year**
**Last year**
**£**
**£**
19,340 17,246
- -
- -
- -|
|---|---|---|
||Annual Rental including legal fees||
||||
||||
||||
||||
||||
||||
|||19,340 17,246|
**Section C Notes to the accounts (cont)**
## **Note 14 Tangible fixed assets**
## _**Please complete this note if the charity has any tangible fixed assets**_
## **14.1 Cost or valuation**
**----- Start of picture text -----**
Freehold land Other land & Plant, Fixtures, Total
& buildings buildings machinery and fittings and
motor vehicles equipment
£ £ £ £ £
At the beginning of - 60,518 - - 60,518
the year
Additions - 6,318 - - 6,318
Revaluations - 135,000 - - 135,000
Disposals - - - - -
Transfers * - - - - -
At end of the year - 201,836 - - 201,836
14.2 Depreciation and impairments
**Basis SL SL SL SL SL Straight Line
("SL") or
Reducing
Balance ("RB")
** Rate Remaining life
of the lease
At beginning of the - - - - -
year
Disposals - - - - -
Depreciation - 24,683 - - 24,683
Impairment - - - - -
Transfers* - - - - -
At end of the year - 24,683 - - 24,683
14.3 Net book value
Net book value at the - 60,518 - - 60,518
beginning of the year
Net book value at the - 177,154 - - 177,154
end of the year
**----- End of picture text -----**
## **14.4 Impairment**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **14.5 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide: the effective date of the revaluation**_
24/06/2020 Valued through renewal of lease with landlord
_**the name of independent valuer, if applicable the methods applied and significant assumptions the carrying amount that would have been recognised had the assets been carried under the cost model.**_
## **14.6 Other disclosures**
_**(i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used. (ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets.**_
_**(iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities.**_
- _The "transfers" row is for movements between fixed asset categories._
- _** Please indicate the method of depreciation by deleting the method not_
**Section C Notes to the accounts (cont)**
## **Note 17 Investment assets**
_**Please complete this note if the charity has any investment assets.**_
## **17.1 Fixed assets investments (please provide for each class of investment)**
Carrying (fair) value at beginning of period
**Add:** additions to investments during period*
**Less:** disposals at carrying value
## **Less: impairments**
## **Add: Reversal of impairments**
**Add/(deduct):** transfer in/(out) in the period
**Add/(deduct):** net gain/(loss) on revaluation Carrying (fair) value at end of year
**----- Start of picture text -----**
Social
Cash & cash Listed Investment
investment Other Total
equivalents investments properties
s
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
**----- End of picture text -----**
***Please specify additions resulting from acquisitions through business combinations, if any.**
_**Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowledgeable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.**_
**17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.**
|**Analysis of investments**
**Cash or cash equivalents**
**Investment properties**
**Total**
**Listed investments**
**Other investments**
**Grand total (Fair value at year end+Cost less impairment)**
**Social investments**|**Cost less impairment**
**£**
-
-
-
-
-
- -
-
-
**Fair value at year end**
**£**
-|
|---|---|
||-
-|
|||
## **17.3 If your charity holds investment properties, please complete the following note:**
**(i) Explain the methods and significant assumptions in determining the fair value of investment property held by the charity (ii) Name or independent valuer, if applicable, and relevant qualifications**
**(iii) Provide details of any restrictions on the ability to realise investment property or on the remittance of income or disposal proceeds (iv) Explain any contractual obligations for the purchase, construction or development of investment property or for repairs, maintenance or enhancements**
## **17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.**
## **Analysis of current asset investments**
**Cash or cash equivalents Listed investments Investment properties Social investments Other investments Total**
**----- Start of picture text -----**
This year Last year
£ £
5,204 5,201
- -
- -
- -
- -
5,204 5,201
**----- End of picture text -----**
## **17.5 Guarantees**
**Please provide details and amount of any guarantee made to or on behalf of a third party**
**Name of the entity or entities benefitting from those guarantees**
**Please explain how the guarantee furthers the charity's aims**
## **17.6 Concessionary loans**
**Amount of concessionary loans made (** _**Multiple loans made may be disclosed in aggregate provided that such aggregation does not obscure significant information**_ **).**
|**_Total_**
**_Description_**|**This year**
**£**
**Last year £**|
|---|---|
|||
|**Amount of concessionary loans received****_(Multiple_**
**_loans received may be disclosed in aggregate_**
**_provided that such aggregation does not obscure_**
**_significant information)._**
**Amounts receivable after more than 1 year**
**Amounts receivable within 1 year**
**Value of any concessionary loans which have**
**been committed but not taken up at the reporting**
**date**
**Amounts payable within 1 year**
**Amounts payable after more than 1 year**
**Terms and conditions eg interest rate, security**
**provided**|**_Total_**
**_Description_**|**This year**
**£**
**Last year £**|
|---|---|---|
||||
||||
## **17.7 Additional information**
**Please provide information about the significance of investments to the charity's financial position or performance eg. terms and conditions of loans or the use of hedging to manage financial risk.**
**For all investments measured at fair value, the basis for determining the value, including any assumptions applied when using a valuation technique.**
**Where a charity or its subsidiary has provided financial assets as a form of security, the carrying amount of the financial asset pledged as security and the terms and conditions relating to its pledge.**
**Section C Notes to the accounts (cont)**
## **Note 19 Debtors and prepayments**
## _**Please complete this note if the charity has any debtors or prepayments.**_
## **19.1 Analysis of debtors**
|**19.1 Analysis of debtors**||
|---|---|
|**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**Last year**
**£**
**£**
- -
986
-
339 3,419|
||1,325 3,419|
## _**Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_
## **19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)**
|**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**Last year**
**£**
**£**
- -
- -
- -|
|---|---|
||- -|
**Section C Notes to the accounts (cont)**
## **Note 20 Creditors and accruals**
_**Please complete this note if the charity has any creditors or accruals.**_
## **20.1 Analysis of creditors**
|**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts**
**or performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**This year**
**Last year**
**This year**
**Last year**
**£**
**£**
**£**
**£**
- - - -
- - - -
- - - -
- - - -
1,667 - - -
- - - -
20,750 16,586 99,250
-
**Amounts falling due**
**within one year**
**Amounts falling due after**
**more than one year**|
|---|---|
||22,417
16,586
99,250
-|
## **20.2 Deferred income**
_**Please complete this note if the charity has deferred income.**_
_**Please explain the reasons why income is deferred.**_
|**_Movement in deferred income account_**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**
**Balance at the start of the reporting period**
**Amounts added in current period**|**This year**
**Last year**
**£**
**£**
- -
- -
- -|
|---|---|
||- -|
**Section C Notes to the accounts (cont)**
## **Note 21 Provisions for liabilities and charges**
_**You should complete this note if you have included in the charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.**_
## **21.1 Please provide:**
|**- a brief description of any obligations on the**
**balance sheet and the expected amount and**
**timing of resulting payments;**
**- an indication of the uncertainties about the**
**amount or timing of those outflows; and**
**- the amount of any expected**
**reimbursement, stating the amount of any**
**asset that has been recognised for that**
**expected reimbursement.**|
_The lease is due to expire in June 2020 however there_
_is an automatic right to renew, lending itself to being_
_recognised as a finance lease._
_The lease for 29 & 29a Brook Road has been_
_recognised as a finance lease as part of the restatement_
_of the Charity Accounts for FRS 102._
_There is no uncertainty about the repayment - there is a_
_lease in place with a monthly rental due._|
|---|---|
## **21.2 Movements in recognised provisions and funding commitment during the period**
|**Unused amounts reversed during the period**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts charged against the provision in the current period**
**Balance at the end of the reporting period**|**This year**
**Last year**
**£**
**£**
4,313 21,563
- -
- - 17,250
- -|
|---|---|
||4,313 4,313|
**21.3 For any funding commitment that is not recognised as a liability or provision, provide details of commitment made, the time frame of that commitment, any performance-related conditions and details of how the commitment will be funded (with contracts for capital expenditure separately identified)..**
**21.4 Where unrestricted funds have been designated to a fund commitment, please disclose the nature of any amounts designated and the likely timing of that expenditure.**
## **Section C Notes to the accounts (cont)**
|**Other**
**Short term deposits**
**Cash at bank and on hand**
**Total**
**Note 24 Cash at bank and in hand**
**Short term cash investments (less than 3 months maturity date)**|**This year**
**Last year**
**£**
**£**
- -
5,204 5,201
147,200 132,128
- -|
|---|---|
||152,404 137,329|
**Section C Notes to the accounts (cont)**
## **Note 25 Fair value of assets and liabilities**
**25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.**
The charity has limited exposure to the risk of debtors not paying as all charges are small in nature and any long term commitments require a licence to use the premises. All other activities derive income through voluntary donations and income generation which is not on credit.
**25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.**
**Section C Notes to the accounts (cont**
## **Note 26 Events after the end of the reporting period**
_**Please complete this note where events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.**_
Due to the COVID 19 pandemic it was necessary to close the Equal People premises from April 2020. Facilities are expected to be in operation from July 2020, with working practices adapted to ensure that safety at the facilities is adhered to. During this period fundraising activities have ceased, as has the use of the facilities, resulting in significantly lower income levels during this period. It is not possible to estimate the financial impact this will have during 2020/21. Charity reserves are sufficient to manage the impact during 2020/21.
**Please provide details of the nature of the event Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made**
**Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE Purpose and Restrictions brought Gains and carried
R or UR *
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
For use towards the development of the
premises and for grant making activities
General Fund - Equal People Unrestricted as per the objects of the charity. 184,180 90,245 - 65,710 - - 208,715
Donation for Instruments Restricted 500 - - - - 500
- - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds (balancing
figure) N/a N/a - - - - - -
Total Funds as per balance sheet 184,680 90,245 - 65,710 - - 209,215
Yes* No*
Fund balances carried forward include assets and liabilities denominated in a foreign currency
If yes, please state the basis on which the assets and/or liabilities have been translated into
sterling (or the currency in which the accounts are drawn up).
**----- End of picture text -----**
**Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE Purpose and Restrictions brought Gains and carried
R or UR *
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
For use towards the development of the
premises and for grant making activities
General Fund - Equal People Unrestricted as per the objects of the charity. 152,229 129,838 - 97,887 - - 184,180
Donation for Instruments Restricted 500 - - - - 500
- - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds (balancing
figure) N/a N/a - - - - - -
Total Funds as per balance sheet 152,729 129,838 - 97,887 - - 184,680
Yes* No*
Fund balances carried forward include assets and liabilities denominated in a foreign currency
**----- End of picture text -----**
**Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.3 Transfers between funds**
**----- Start of picture text -----**
Reason for transfer and where endowment is converted to income, Amount
legal power for its conversion
Between unrestricted and
restricted funds
Between endowment and
restricted funds
Between endowment and
unrestricted funds
**----- End of picture text -----**
## **27.4 Designated funds**
**Planned use Purpose of the designation Amount**
**Section C Notes to the accounts (cont)**
## **Note 28 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **28.1 Trustee remuneration and benefits**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**----- Start of picture text -----**
TRUE
**----- End of picture text -----**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|**Name of trustee**
**Legal authority (eg**
**order, governing**
**document)**|**Last year**
**Remuneration**
**Pension**
**contribution**
**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**
**£**
**£**
**This year**
**Amounts paid or benefit value**|
|---|---|
_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
_**If a third party has been reimbursed for providing one or more trustees, state the nature of the payment and amount of the reimbursement.**_
_**State the number of trustees to whom retirement benefits are accruing under a defined contribution pension scheme.**_
## **28.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
|**Accommodation**
**Other (please specify):**
**TOTAL**
**Travel**
**Subsistence**
**£**
**This year**
**Type of expenses reimbursed**
**No trustee expenses have been incurred (True or False)**|**£**
**_TRUE_**
**Last year**|
|---|---|
## **Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity**
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
**There have been no related party transactions in the reporting period (True or False)**
_**FALSE**_
|**Name of the trustee**
**or related party**
**Relationship to**
**charity**
**Description of the**
**transaction(s)**
Mushroom Theatre
Company
Tenant in the
premises
Rent
Mushroom Theatre
Company
Provision of
performing art
lessons &
advertising
Services
**_In relation to the transactions above, please provide the_**
**_terms and conditions, including any security and the_**
**_nature of any payment (consideration) to be provided in_**
**_settlement._**|**Amount**
**Balance at**
**period end**
**Amounts**
**written off**
**during**
**reporting**
**period**
**£**
**£**
**£**
19,340
- -
-
24,832
- -
-
- -
-
- -
-
**£**
**Provision for bad**
**debts at period end**
A Service Agreement is held with Mushroom Theatre Company for the tenancy
arrangements and for the services provided on behlf of the charity in accordance with
the objects|
|---|---|
_**For any related party, please provide details of any guarantees given or received.**_
**Section C Notes to the accounts (cont)**
**Note 29 Additional Disclosures**
**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**
**Independent examiner's report on the accounts**
|**Section A**
**Independent Examiner’s Report**|**Section A**
**Independent Examiner’s Report**|
|---|---|
|**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and**
**basis of report**|Charity Name
Equal People Performing Arts
31 March 2021
**Charity no**
**(if any)**
1116649
I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended 31 March 2021.
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
(“the Act”).
I report in respect of my examination of the Trust’s accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.|
- **Independent** I have completed my examination. I confirm that no material matters have
- **examiner's statement** come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
- _Please delete the words in the brackets if they do not apply._
|**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**|**Date:**||
|---|---|---|
|||25/01/2022|
||||
||Martin Beales||
||||
||Association of Accounting Technicians
Full Member. Membership No. 10122845||
**Oct 2018**
**IER**
**Address:**
19 Rayleigh Road Leigh-on-Sea, Southend-on-Sea, Essex SS9 5UU
**Section B**
## **Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
**Oct 2018**
**IER**
## EPPA final accounts YE 31.03.2021
Final Audit Report 2022-01-24
Created: 2022-01-24 By: Martin Beales (martin@pbats.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAY24nmMlknVxTV90hTAA3w1DfNPamGYGz
## "EPPA final accounts YE 31.03.2021" History
Document created by Martin Beales (martin@pbats.co.uk)
2022-01-24 - 7:08:38 PM GMT- IP address: 86.157.197.103
Document emailed to Paul Shuttleworth (paul@equalpeople.org.uk) for signature
2022-01-24 - 7:10:05 PM GMT
Email viewed by Paul Shuttleworth (paul@equalpeople.org.uk)
2022-01-24 - 7:10:08 PM GMT- IP address: 74.125.150.27
Document e-signed by Paul Shuttleworth (paul@equalpeople.org.uk) Signature Date: 2022-01-24 - 7:58:26 PM GMT - Time Source: server- IP address: 176.248.132.95
Agreement completed.
2022-01-24 - 7:58:26 PM GMT