| CONTENTS | PAGE | |
|---|---|---|
| Trustees Annual Report |
||
| Independent examiner's |
report to the members | 13 |
| Statement of financial activities |
15 | |
| Income and expenditure | account | 16 |
| Balance sheet | ||
| Notes to the financial statements | 18 |
| YE | AR ENDED 31 | MARCH 2021 | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total Funds | ||
| Funds | Funds | 2021 | 2020 | ||
| Note | |||||
| INCOMING RESOURCES | |||||
| Incoming resources from | |||||
| generating funds: |
|||||
| Voluntary income |
2 | 100,084 | 100,084 | 110,012 | |
| Activities for generating | |||||
| funds | 3 | 50/69 | 50+69 | 58,008 | |
| Investment income |
4 | ||||
| Incoming resources from | |||||
| charitable activities |
5 | 7,004 | 7,004 | 7,506 | |
| TOTAL INCOMING | |||||
| RESOURCES | 157,457 | 157,457 | 175,526 | ||
| RESOURCES EXPENDED | |||||
| Costs ofgenerating funds: |
|||||
| Costs ofgenerating | |||||
| voluntary income |
6 | (58@22) | (58422) | (115,913) | |
| Charitable activities |
7/8 | (66,955) | (66,955) | (55,951) | |
| Governance costs |
9 | (1,492) | (1,492) | (1,580) | |
| TOTAL RESOURCES | |||||
| EXPENDED | 126,769 | 126,769 | 173,444 | ||
| NET | |||||
| (OUTGOING)/INCOMING | |||||
| RESOURCES FOR THE | |||||
| YEAR | 10 | 30,688 | 30,688 | 2,082 | |
| RECONCILIATION OF |
|||||
| FUNDS | |||||
| Total funds brought forward |
4,017 | 4,905 | 2,823 | ||
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 888 | 34,705 | 35,593 | 4,905 |
| YEAR ENDED 3 | 1 MARCH 202 | 1 | |
|---|---|---|---|
| 2021 | 2020 | ||
| Note | f | ||
| INCOME | 157,457 | 175,526 | |
| TOTAL EXPENDITURE | (126,769) | (173,444) | |
| OPERATING (DEFICIENCY)/SURPLUS | 10 | 30,688 | 2,082 |
| OTHER INCOME | |||
| Interest receivable and similar income |
|||
| (DEFICIT)/RETAINED SURPLUS FOR THE | |||
| FINANCIAL YEAR | 30,688 | 2,082 |
| BALANCE 31 MARCH |
SHEE 2021 |
T | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Note | |||||
| FIXEDASSETS | |||||
| Tangible assets | 12 | 1,410 | 1,762 | ||
| CURRENT ASSETS | |||||
| Debtors | 13 | 2,538 | 2,538 | ||
| Cash at bank | 126,053 | 92,910 | |||
| 128,591 | 95,448 | ||||
| CREDITORS: Amounts | falling due within one | ||||
| year | 14 | (94,408) | (92,305) | ||
| NET CURRENT (LIABILITIES)/ASSETS | 34,183 | 3,143 | |||
| TOTAL ASSETSLESS | CURRENT LIABILITIES | 35,593 | 4,905 | ||
| FUNDS | |||||
| Restricted income funds | 15 | 34,705 | 4,017 | ||
| Unrestricted income funds |
16 | 888 | 888 | ||
| TOTAL FUNDS | 35,593 | 4,905 |
| Unrestricted | Restricted | Total Funds | Total Funds | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | |||||||
| f | ||||||||||
| Grants receivable | and donations | |||||||||
| Arts Council | England | 58,800 | 58,800 | 59,535 | ||||||
| Northamptonshire | Community | Foundation | 1,600 | 1,600 | 4,992 | |||||
| Green Energy | 5,000 | 5,000 | ||||||||
| County Council | grants | 10,000 | ||||||||
| The Douglas | Compton | James Charitable | Trust | 3,000 | 3,000 | 3,000 | ||||
| Youth Music | 10,000 | |||||||||
| Foyle Foundation | 15,000 | |||||||||
| Finnis Scott | 1,996 | |||||||||
| Donations | 754 | 754 | 647 | |||||||
| OiWill | 5,000 | 5,000 | ||||||||
| TMC —Sector Support | Commissions | 3,880 | 3,880 | |||||||
| VSH Law | 2,500 | |||||||||
| Margaret Giffen | 2,000 | 2,000 | ||||||||
| The Kenneth | Fund | 5,000 | 5,000 | |||||||
| Gifts in kind, | donated | services and facilities | ||||||||
| Director's fees | 8,750 | 8,750 | ||||||||
| Solicitors pro | bono | work | 1,000 | 1,000 | 750 | |||||
| Green Energy | Sponsorship | 1,000 | 1,000 | |||||||
| Running Artfully |
Network | 4,000 | 4,000 | |||||||
| Speaker fees | 300 | 300 | ||||||||
| Forestry Commission: | artist accommodation | 1,592 | ||||||||
| 100,084 | 100,084 | 110,012 |
| Restricted | Total | Funds | Total Funds | |||||
|---|---|---|---|---|---|---|---|---|
| Funds | 2021 | 2020 | ||||||
| f | f | |||||||
| Fundraising | activities | 50@69 | 50469 | 58,008 | ||||
| 50+69 | 50@69 | 58,008 | ||||||
| 4. | INVESTMENT INCOME | |||||||
| Unrestricted | Total | Funds | Total Funds | |||||
| Funds | 2021 | 2020 | ||||||
| Bank interest | receivable | |||||||
| 5. | INCOMING | RESOURCES FROM CHARITABLE ACTIVITIES | ||||||
| Restricted | Total | Funds | Total Funds | |||||
| Funds | 2021 | 2020 | ||||||
| f | f | |||||||
| Rental ofproperty | for charitable | purposes | 7,004 | 7,004 | 7,506 | |||
| 6. | COSTS OF | GENERATING VOLUNTARY INCOME | ||||||
| Restricted | Total | Funds | Total Funds | |||||
| Funds | 2021 | 2020 | ||||||
| f | f | f | ||||||
| Fundraising | activities | 58,322 | 58422 | 115,913 | ||||
| 7. | COSTS OF | CHARITABLE ACTIVITIES BYFUND | TYPE | |||||
| Restricted | Total | Funds | Total Funds | |||||
| Funds | 2021 | 2020 | ||||||
| f | ||||||||
| Support costs | 66,955 | 66,955 | 55,951 | |||||
| 8. | COSTSOF | CHARITABLE ACTIVITIES BYACTIVITY TYPE | ||||||
| Support | Total | Funds | Total Funds | |||||
| costs | 2021 | 2020 | ||||||
| f | ||||||||
| Support and | administration | 28,980 | 28,980 | 27,076 | ||||
| Support staff | costs | 37,975 | 37,975 | 28,875 | ||||
| 66,955 | 66,955 | 55,951 |
| Restricted | Total | Funds | Total Funds | ||||
|---|---|---|---|---|---|---|---|
| Funds | 2021 | 2020 | |||||
| Independent | examiner's | fees | 1,140 | 1,140 | 1,140 | ||
| Depreciation | 352 | 352 | 440 | ||||
| 1,492 | 1,492 | 1,580 | |||||
| 10. | NET (OUTGOING)/INCOMING | RESOURCES FOR THE YEAR |
| 2021 | 2021 | 2020 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation | 352 | 440 | ||||||||||||
| Independent | examiner's | remuneration | ||||||||||||
| -independent | examination | ofthe financial | statements | 1,140 | 1,140 | |||||||||
| 11. | STAFFCOSTS AND | EMOLUMENTS | ||||||||||||
| Total staff costs were | as follows: | |||||||||||||
| 2021 | 2020 | |||||||||||||
| K | ||||||||||||||
| Administration | staff costs | 37,975 | 28,875 | |||||||||||
| 37,975 | 28,875 | |||||||||||||
| Particulars | ofemployees: | |||||||||||||
| The average |
number | of | employees | during | the | year, | calculated | on | the | basis | of full-time | |||
| equivalents, | was as follows: | |||||||||||||
| 2021 | 2020 | |||||||||||||
| None | None |
| Equipment | ||||
|---|---|---|---|---|
| COST | ||||
| At 1 April 2020 | 8,613 | |||
| Additions in year |
||||
| At 31March 2021 | 8,613 | |||
| DEPRECIATION | ||||
| At 1 April 2020 |
6,851 | |||
| Charge for the year | 352 | |||
| At 31March 2021 | 7+03 | |||
| NET BOOK VALUE | ||||
| At 31March 2021 | 1,410 | |||
| At 31 March 2020 | 1,762 | |||
| 13. | DEBTORS | |||
| 2021 | 2020 | |||
| Prepay ments | 2/38 | 2,538 | ||
| 2/38 | 2,538 | |||
| 14. | CREDITORS: Amounts | falling due within one year | ||
| 2021 | 2020 | |||
| Deferred income and accruals | 94,408 | 92,305 | ||
| 94,408 | 92,305 |
| Balance at | Incoming | Balance at | ||
|---|---|---|---|---|
| 1Apr 2020 | resources | 31Mar 2021 | ||
| Restricted | Fund | 4,017 | 30,688 | 34,705 |
| 16. | UNRESTRICTED INCOME FUNDS | UNRESTRICTED INCOME FUNDS | ||
|---|---|---|---|---|
| Balance at | Incoming | Balance at | ||
| 1Apr | 2020 | resources | 31Mar 2021 | |
| General Funds | SS8 | 888 | ||
| 17. | ANALYSIS OFNET ASSETSBETWEEN FUNDS |
| ANALYSIS | OFNET ASSETSBETWE | EN FUNDS | ||
|---|---|---|---|---|
| Net current | ||||
| Tangible | assets/ | |||
| fixed assets | (liabilities) | Total | ||
| Restricted Income Funds: | ||||
| Restricted Fund | 1,410 | 33,295 | 34,705 | |
| Unrestricted | Income Funds | 888 | 888 | |
| Total Funds | 1,410 | 34,183 | 35+93 |