retrA1 number. 1119236 Sunshine Intenti0llaI Arts forth¢ YearFJthl 31 2021 IBlingtoo NI 2SF
SDn8hlne Illternation Arts Contsnts 24 Tn R¢port 7t08 Ststem¢nt of Finm¢ial Activits Balgnc¢ Sb¢¢t IOto16 NO tsi the Fi8¢141 Statements
Sunshlne InternatloDal Arts Reference *nd AdmlDlrtrative Detalls st¢es Mr R A malbir D Besiwirk A Bmwn S Swann L Samuels Sttldio 5 209A Co]dhallr London SW9 8RU 10 F8lm¢r Ro•d N15 5BA 04544572 1119236 ]ndeptndett¢ Ez•mln tslingtoo iAJnthn NI 2SF Page I
SunshlDe Internation Arts Trustees, Report eland (FRS 102) l¢ffeclive l Juary 20151 ObJeLlv# Objects rf educat¢ iocd tiotiosuj rO11ti¢ Ymg (CYPK ftttlHtt¢¢r$ 8nd th¢ rAblic thut thc 'Art of compEny eontstywl tt8ular llthivity of proj& WOWTDin8 WJ plaJrLiD8 Until 2020. Frorn th¢ ofmucb wbom •tol}edE suweJsfi]J 5fLth¢irqpliLi( IVACF) vKrfktyA the yellr with Junttiou Athon Group (UAGI 88 well AS the & Coidh¥bwrCovid 19 R&yNe (V&CCRQ, whidx cthblished in Awl 21Y20 in to the Pandani¢. idcntifyiog itt fnee¢iD8 the neeth of volDwable Tr•d¢Dtr S.iA Jw and d¢veW with 10 wcbsSt¢. S.iA'8 Artisbc Drtor Rave talks rn the higtory of tsi Jtsdcttts dKou8b a multitith of OD]ill¢ number0fthl TonL YLC d¢¢idd to apply for th ltive ffsidw It C.A.F.E le*e I thi5 pK4u¢tion to ]ifc, knLt I bad trouble Sovtty ]nu¢h lift cffj this hleyScaKMebMry, Pla>¥tand ThÉdtrnDire¢7r Pa8e 2
Sunshlne Internatlonal Arts Trusteu. Ryrt eontlnlled T ¢kn •t S.iA art by Jwig pNTtlc ard frojn •ll w•lb of bfy Ivho lor& foTrMd ev 2020. Proj% ¢téts a deuc of £44k for the sw to the Ttytric4ioDs pla on th¢ activitirf of the chlty due to the Coyvj (wtbrnL This C4)[Lknd to oWiD8 the of £57.147 wbicb ha5 impath4 ¢h&ritytrw 8¢GWtd follditig fitthe Nation P0]10 8pm of the Artb Council of IskP¢[ aDnu uplill of th¢ year. Th¢ bcli¢ * Mtisfa¢W Ic¥¢l of fr¢¢ TCSUVa for th¢ ¢hazity •t PT#ent is six ffmth•' ¢we L1.078} frrdD rntitsgthe (atr¢ (2020 £16.0421 the etwJof2021 imPXMDtty.theheaith w%iknDKof•ll #•ff WUUDjfft¢bY ¥1. Page 3
Suniblne knternatlouxi Arts TrBrtees' Ryrt ¢ondlluea chlty OA 16 May2(1)7. The anougl WAThtW98 I0Ved by thetsubteu of the rn29 O¢tobff 2021 atMI itsbeblf ty.
Statement ofTrust¢a' RwoD8lblllthJ Page 5
Sun8hln¢ Illternatlon Art• Ind¢peDdeDt Examlner's Report to the trustees of Spjnshiue Internation Arts 31 Msrch 2021 which ar¢ se¢ out onpages 9 to 19. R2SPeCtlve Yuponthllltkn of trn•teu •nd ¢Xbther As tb¢ cb8rity'$ trustee5 of SutL%bine kntenwtion81 Art5 (8Dd akno its dir¢ctorn for the purpow of eonwarAy law) A¢t 20(kS ('thr 2006 A¢t'). Having 5ali3fied mys¢lf that the accrAmts of Sunsbine kntrrnthond Afis requi1 ty be I11t¢0 mider Part 16 of the 2(MJ6 Act and wre eligLI)l¢ for itid¢pet exAminaW i iti of my ¢xamillation of your ¢harity'8 WCOUtsts caTriul out UDder s¢ction 145 of the (JwKtie8 A¢t 2011 ('th 2011 Act,). Its c8rryin I1 my ¢XaWx.0ll L have followed the Dittdions by the Charity Commiwon und¢r 6ectsoD 145(5)(b) or the2011 Ad. IAdep¢DdeDt exwnlD¢ei #Atemet th¢ 2006 Ac¢ or 2. the a¢¢owits &1 tKt accoyd with tho* rx(fth. OT 3. the ac¢ounts do Dot uxDply with th¢ a¢COUDting rwtiuets of ti¢) 396 of th¢ 2(K>6 Act other thao aDy requIrt that the a¢couThts give •'true and f¥ir VI vknicb li Lot considered as Part of an 4. the acrounts hav¢ not p¢pot¢d in awdJttce with the melhods and prtnciples of thc Statemenl of acwunts in aOrdIn¢£ the Finwi81 Re)rtIng Standard 4Jplicable the UK I1 Republic of ITe)aod (FRS 102)]. should be P V J Ci¢ione FCA Islington NI 2SF Page 6
Sunslthie Intern•donal Arts Statement of Fln#nclAI Acdvldes for the Year Ended 31 March 2021 (Including IDcome and Expendltsre Account 2nd Ststenient of Totsl Reeo8nlsed G81ns dI} Tot 21 la¢ome and Endowm¢nts frow: Donations and legacies 97.59) 165 97.590 165 Totsl itscothe EApendlture 00: ChAritsble a¢tivitie5 (17.294) (17.294) 79 N¢t Inco]lle 57,146 57,146 RteondU*tloD of fvxd• Totsi funds brou8ht forward 15 Page 7
Sunshlne InterndoDl Arts ststement of Financtsl A¢dvltles for the Yur Ended 31 March 2021 (Includlng Income and EendIture Account and Statsment of Totsl Reeognl8ed G8ln$ and tAMXS) TotAI 21120 N•te Jttcome MI from: Donations Jnd iewit4 96.383 3.078 96.383 3.078 (81.049) (81.lJ49) 120 454 120 454 Nd expendittwe (3J54) (3.554) Re¢1* of fwid¥ Totsl fvnds brnUt forWd 15 The fimds bTf8kdm for 2020 is shown inttote 15. Page 8
Sunshine Inter•tional Arts (ReptrtloD number: IM5445n) Bthnc¢ Sheet As It 31 MAr¢h 2021 2•21 2020 872 1,343 T8ts8bh le a Current *syets Debtors 12 13 2.427 iW2 94.619 701 34,835 14 301 N¢t ¢rnt 858ets 15 20213Tkd 81B0 on their beb8lf by. Page 9
Sunshlne Internidoll Arts Notes to the FinADdd Ststements for the Yur Ended 31 MTeh 2021 i Charlty Stthl Th¢ 8ddr¢ss ofits t¢gsta¢d offic¢ 10 FalmeT Road N15 5BA The ptlDCipalpla of iwin¢ss is: Sdi0 5 209A SW9 8RU 2 A¢ntIng polldej SummAry of •lyllk•ni a¢cow•thg p•11t •nd key Keo•xdN8 estlmltsl The principal aCcoln8 poli¢ie8 8pp]ied in th¢ ptewation of the5¢ fjDanci81 statements ate ¥e¢ Out below. The8e polici¢Jbv¢beuk cw•taity applivlto all th¢y¢£r8 otheJwix¢ stated. ststemetyt of ¢•mpMNllee Statern¢Dt of RecomMrAjd Pt8Ctic¢ Jpp]ic4bl¢ to ¢lwities pryrng their accounts in ac¢otdance witb the F]tiau¢i R¢porDn8 St8nthd aN)li¢able in th¢ UK aNI R¢publi¢ of Ireljnd (FRS 102) (¢ffKtiV¢ l January 2015} - (Cbariti¢s SOP2 (FRS I02)). the Financial Reportitig Stsndard awiicabl¢ in the UK 8nd Republic of elaod IFRS 102). They a]so Comply with th¢ Cotllpni Act 21¥J6 Illd Cbariiies A¢t 2011. ofpry•Ythn Sunshine Intern8ti0oa] Arts meets the &fiDiuon of a public bt ¢ntsty FRS 102. As8ets liabilitie poli¢y notes. Goltti eoD¢¢rn The trUStee5 consid¢r that thue ate DO rllater1 utK¢rtsinties about the clwritys fybility to continue a6 a going Exemptlom frow prTIng • cuh now Tbc Ghty OPt¢d to ¢4dy 84hW Bulletin I publi51wd on 2 Fehiwy 2016 have thaefrn i11¢0 & ¢aJb tlow StateMt iti fuwctal slatements. Infome and endowments All in¢ome 18 rffognised rnce the chariry ¢titlement to the iThryM. it 18 pr(thbl thot the ItOrn* wlll be re1ved the 3nx)unt of the Inco rec¢tV8ble can be rt]iabty. Page 10
Sunslthe InternatIOn Arts 1¥40tss to the Mnancll Statsments for the Year Ended 31 Marcb 2021 ItIOnS are legniSed whett the chjnty hLs been in writtDg of both the gmoi]nt 2nd Eettlement dat¢. In tbe cv•rt that & thJDati(fL l5 subject to ndIti tbat Wire 4 level of puforDw by the ¢lJarity b¢fore the ¢harity is eMitkd ts the fuTkd4 the iTwrne is deferr1 8tyJ not rew18 miul ¢ither tho% conditions are fuity CL or th¢ fulfilm¢nt of those CODditions is wbolty within th¢ wntrol of the ¢harity and it l5 Ptoblble that th¢5e conditioDS b¢ fulfilled in the reling perisyL rcoo8niwl u • iiobility aA iacllld on tbe sheet as defrrroj itscom¢ to be r¢leasa. Expendlture settiem¢nt is TWiTed the •rnount ¢an be rneasllted Teli•bly. All are allocatd to th¢ applicable partiadar beadings they have b¢ett Allo¢atcd on a bA8is consisttnt with th¢ u8¢ of r¢stsurce4 with ¢entrAI Btsff costs •llouted OTh the b¥i8 of llrne spen( and ¢18t10n ¢bar8es b11 on th¢ p)rtion of the &&q&'s us¢. CaT1bIe expenditllte wtipriw tbose incurt•Jby th¢ tsity in the delivery of its activities and 8ervic for its benefiGxarics. It inelud# both thpt can be dIrY to a¢tivitseB Jnd c08ts of an Support eo¥t• time skxnt aud othu ¢tsbY their usag¢. GOvern¢t c• Th¢ includc th¢ costs •ttriiwtable to the thity's ¢omplianc¢ with cixjstituuonal athl rUl1¢. The ¢bariry 18 cijtisidrrtd to the tests sci Out tn PaTa8rwh i Scbethjle 6 of thc FiTh8llL Ad 2010 and therefore it nicets the defittilion of a cknarit8bl¢ ¢0owy foT UK ¢oooration lax PIIIPOS¢s. AGrordin8ly, th¢ covoed by Chapt¢r 3 Part 11 of the CotPW41ion Tax Act 2010 OT Sectioo 256 of th¢ Tuation of Cbarg¢abl¢ G•xtis Act 1992. to the cxttnt that sucb income OT are applied wlu8iv¢ty kn &itsble purpxes. T#Ib faed *Mets Pa8e 11
SllDxbine InternAllonal Arti Notss to the FiDaDelo1 Statements for the Year Ended 31 March 2021 continued DepreddoB d •rnortknlkn Deidn0 is ptovidal on tsngiThlc fixa gs6¢ts 80 as to write off thc vahAth¢xL le4K 4lly rAtimatrd Fund •trDcture of the Obj&tiT of th¢ Gh•rity. 3 beome from doDatlo•s nd lryd r•D 1.520 1.520 Grwjts. includiti8 ¢apitsl •' Grants from other charities for 2021 97 96 83 Totsl for 21n Total Gener Totsl f•r 2021 Tot for 2•20 5 Other l¢•me UMTestrltted fwmdj c¢er*I Totsl 165 165 T&tsJ for 2021 165 165 Totsl for 2020 Pa8e 12
SuD8blne Intern•donAI Arts Notes to the Fknancial Statements for the Ye•r Ended 31 M•rth 2021 contlnued O EtyndttYr¢ ¢h•rlt•bk Ath511 TotAI fvn 674 12.792 674 12.792 17 Totsl for 2011 Totsl for 202• dditioD to th¢ cAtltUre thqe are gov¢r1 of £3.828 (2020 . £3.828) whi relate directly to ¢batitsbk a¢tivrtie8. Se¢ not¢ 7 fLY fisrth¢r detsils. Mr R A Mh#btr Mr RA MBbabir re¢eivaltemunmtionof £3L(INJ (2020: £31.990) duriti8 the yg4r. 2020 Other f¢d th ¢uwleTS 1.5 1,3¢J) 28 Page 13
Sunshlne 1ntsrnxtion Arts Notej to the Financi Ststements for the Year Ended 31 Mwch 2021 continued 10 Txtl 11 TSIble fixed Furotture aDd ¢qulptDent Total Co At l April 2020 At 31 MhT¢b 2021 Depredtlon At l April 2020 cb8¢ foT the year At 31 MaT¢b 2021 Net bookv•lue At 31 msh2O2] At 31 m4Trb220 3,023 471 3.IY23 471 872 872 43 12 Debto 2021 1177 250 43 658 701 Oth¢r dtbtots 13 Cash and ¢ath eqalwkDts 2021 Cash atbank 14 Crethton: fAlb•g du¢ •hhlB on¢ye•r 2021 202 237 1023 207 31)0 301 Page 14
Snnbhine Intern•tlonal Arts Nots8 to the FInanCi StsteTneDts for the Ye•r Ended 31 Mwch 2021 eonthiued IS Futtd• BlAte at l Aprll 20211 rewwcu 31 March 2021 B•)#¢¢ t l Apru 2•19 Rwurc exp¢ttded 31 re1b 20211 G¢#er 31 Mh 2021 872 94.619 872 94,619 Toll?*1¢ fixryl awts 93.024 fvnd8 At 31 Mxreb 2020 Gtner lJ43 34,835 301 1.343 34.835 oi Totsi oet ass¢ts Page 15
Sunshine Internltlonal Arts Nots to th¢ Flnancial Ststements for the Yr Ended 31 Mar¢b 2021 contlnu¢d 17 AA*lyth Oftt f•nth At 31 March At l Aprfl 2•20 Cayb atb•Dk and in bgnd Net debt FlnaDdDg Atji M#r¢k 202(1 At l Aprll 21119 Cash atbth and in band debt 17 17 Page 16
Sunslthe InternadonAI Arts Detalled Ststement of Flnancial Athide5 for the Yur Ended 31 March 2021 T•tsl TotAI 2020 Ineome •Dd Endowm¢Dts from: DonatiOVS and l¢sleS {wdy5ed bdow) Other ditig a¢tiviti¢5 (analybelOw) lttve8tttllt iti¢(¢ (Apalyb¢1Ow) Other illco (SnY8&1 below) Total inwme Expendltvrt on: Charitabk &¢tiViti¢s (arWb¢low) Other ¢Ilure (ty30110w) 96J83 3.078 97.5 165 (81,049) (17294) 79 Net in¢0(CxpaltsW¢) 57,146 (3.554) R•conclll•dM of Page 17
Sunshlne 1ntrrDatlOn Arts Deted Statement of FlnaDtl*l Actfvltiw for the Year EDd¢d 31 March 2021 T•tsl Totsl 21120 Don4Io1 4ThdleKAd¢s Appeals atsd donati0fy8 1,520 3.611 Sales of pur¢h&ed (165) 16,043 95 165 Dir¢rt coyts (674) (11,467) (45,1))6) {31.990) 1225) Sub¢¢)ntract ccrft (1,325) Rent {16.WX)) {1221) (1.476) (261) (95) (1.720) 1253) (312() {1.199) (1,262) (512) (102) (1.916) (16) (1.241} (464) {1071 (862) 524 Rates Ligh4 h¢Jt T¢lephon¢ alld fax Trnv¢l and subsi5t¢o¢e Ixgal sodprof¢ssAon81 fees (63) 1525) 471 985 Page 18