2020-12-31-accounts - Viva Arts And Community Group

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			Page
Report ofthe Trustees		1	to	5
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet		8	to	9
Cash Flow Statement			10
Notes to the Cash Flow	Statement
Notes to the Financial Statements		12	to	23
Detailed Statement ofFinancial Activities		24	to	25

						2020	2019
				Umestricted	Restricted	Total	Total
				funds	fmlds	funds	funds
			Notes				6
INCOME	AND ENDOWMENTS FROM
Donations	and legacies			37,873	822895	860,868	470,910
Charitable	activities
Productions	and trips			15,929		15+29	74,836
Community	Projects			875		875	5,975
Other trading activities				5/88		5,5SS	10,326
Inveslment	income			232		232	284
Other income				48/09		48,509
Total				109,006	822/95	932,001	562,331
EXPENDITURE ON
Raising funds				1,644		1,644	1,633
Charitable	activities
Productions	and trips			63,315		63,315	127,165
Restoration	ofSpencer's Mifl			29,413		29,413	9,576
Community	Projects			3/86	10,464	13,750	20,860
				11,107	14g50	26,057	20,459
Total				108,765	25,414	134,179	179,693
NET INCOME				241	797,581	797,822	382,638
Transfers	between funds		18	15,813	(I5,813)
Net movement in funds				16,054	781,768	797,822	382,638
RECONCILIATION		OFFUNDS
Total funds brought		forward		139/62	807,949	947/11	565/73
TOTAL FUNDS CARRIED FORWARD				156,016	L589,717	1,745,733	947,911

				2020	2019
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	fimds
	Notes	6
FIXEDASSETS
Tangible assets	12	181)113	1,165,469	1,347,382	475,763
Investments	13				I
		1glg14	1,165,469	1,347483	475,764
CURRENT ASSETS
Debtors	14	47,061		47,061	11,951
Prepayments and accrued income		5,193		5,193	10,177
Cash m hand		382/87	424/48	806,535	904/05
		434)541	424448	858,789	926,333
CREDITORS
Amounts falling due withm one year	15	(175,164)		(175,164)	(32,853)
NET CURRENT ASSETS		259,377	424448	683,625	893,480
TOTAL ASSETSLESSCURRENT
LIABILITIES		441/91	1,589,717	2,031,008	1,369/44
CREDITORS
Amounts falling due after more than one year	16	(285/75)		(285/75)	(421,333)
NET ASSETS		156,016	1489)717	1,745,733	947,911
FUNDS	18
Umestricted fimds				156,016	139,962
Restricted funds				1,589,717	807,949
TOTAL FUNDS				1,745,733	947811

				2020	2019
			Notes
Cash flows from operating		activities
Cash generated fiom operations				959@27	409,450
Interest paid				(14403)	(10,168)
Net cash provided by operating activities				945,124	399482
Cash flows from investing		activities
Purchase oftangible fixed	assets			(893,481)	(113,367)
Interest received				232	284
Net cash used m investing	activities			(893449)	(113,083)
Cash flows from financing		activities
New loans m year					300,000
Loan repayments in year				(149,545)	(3778)
Net cash (used in)/provided		by financing	activities	(149,545)	296,722
Change in cash and cash		equivalents	in
the reporting period				(97,670)	582,921
Cash and cash equivalents		at the
beginning ofthe reporting		period		904/05	321@84
Cash and cash equivalents		at the end	of
the reporting period				806,535	904/05

RECONCILIATION	RECONCILIATION	OFNET INCOME TONET CASH FLOW FROM	OFNET INCOME TONET CASH FLOW FROM	OPERATINGA~S	OPERATINGA~S
				2020	2019
Net income	for the reporting		period (as per the Statement ofFinancial
Activities)				797,822	382,638
Adjustments	for:
Depreciation	charges			21,862	22,638
Interest received				(232)	(284)
Interest paid				14/03	10,168
Increase in debtors				(30,676)	(5482)
Increase/(decrease) in		creditors		156448	(428)
Net cash provided by		operations		959@27	409,450
ANALYSIS	OF CHANGES IN NET FUNDS
			At 1/I/20	Cash flow	At 31/12/20
Net cash
Cash at bank	and in hand		904,205	(97,670)	806,535
			904405	(97,670)	806,535
Debt
Debts falling	due withm I year		(21,655)	14,055	(7,600)
Debts falling	due after	I year	(421,333)	136,058	(285275)
			(442888)	150,113	(292,875)
Total			461,217	52,443	513,660

DONATION	S AND LE	GACIES
					2020	2019
			Unrestricted	Restricted	Total	Total
			funds	fimds	funds	fuuds
Donations			19,781	146,100	165,881	38,270
Grants				676,895	676,895	412,670
Membership	and show fees		7&101		7,101	8,971
Theatre Tax	relief		10,991		10)991	10,999
			37,873	822~5	860,868	470,910
Grants received, included		in the above, are as follows:
					2020	2019
					676)895	412,670

					2020	2019
			Unrestncted	Restricted	Total	Total
			fimds	funds	funds	fimds
					f
Fundraising	events		I/88		1,588	7,690
Letting of	charitable	property	3,000		3,000	2,636
Other mcome			1,000		1,000
			5,588		5,588	10,326
INVESTMENT INCOME
					2020	2019
			Unrestricted	Restricted	Total	Total
			fimds	ftmds	funds	funds
					f
Deposit account interest			232		232	284

INCOME	FROM CHARI	TABLE ACTI	VTITES
				2020	2019
		Activity
Ticket and	Show Income	Productions	and trips	15,929	41,509
Trips, and	outmgs	Productions	and trips		33,327
Workshops	and classes	Community	Projects		5,975
				16,804	80,811

Raising don	ation	s and legacies
					2020	2019
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
Fund raising	expenses		105		105	1,633
Support costs			1439		1+39
			1,644		1)644	1,633
CHARITABLE		ACTIVITIES COSTS
					Support
				Direct	costs (see
				Costs	note 8)	Totals
Productions	and	trips		28,128	35,187	63,315
Restoration	ofSpencer's Mill			14,866	14,547	29,413
Community	Projects			13,411	339	13,750
				56,405	50,073	106,478
SUPPORT	COSTS
					Governance
			Management	Finance	costs	Totals
Raising donations		and legacies		1439		1439
Other resources expended			22,466	244	3@47	26,057
Productions	and	trips	18,444	12,074	4)669	35,187
Restoration	ofSpencer's Mill		8)664	5,630	253	14,547
Community	Projects		339			339
			49/13	19)487	8/69	77,669

				2020	2019
				E	5
Depreciation	-	owned	assets	21,862	22,638

STAFF COSTS
			2020	2019
Wages and salaries			24,013	27259
Social security costs			444
			24,457	27@59
The average monthly	number ofemployees	during the year was as follows:
			2020	2019
Engaged on charitable	activities		1	1

12.	TANGIBLE FIXEDASSETS
		Freehold	Plant tb	Plant 8?
		land and	machinery	machmery
		buildings	-centre	-trading	Totals
	COST
	At I January 2020	606&442	21,423	3,895	631,760
	Additions	893,481			893,481
	Disposals		(7&319)	(2,876)	(I0,195)
	At 31December 2020	1,499~3	14,104	1,019	1,515,046
	DEPRECIATION
	At 1 January 2020	135,412	16,690	3,895	155&197
	Charge for year	19,768	2,094		21,862
	Eliminated on disposal		(7@19)	(2,876)	(10,195)
	At 31December 2020	155,180	11&465	1,019	167,664
	NET BOOK VALUE
	At 31December 2020	1444&743	2,639		1,347@82
	At31 December 2019	471,030	4,733		475,763
13.	FIXEDASSETINVESTMENTS
					Shares m
					group
					undertakings
	MARKET VALUE
	At 1 January 2020 and 31December 2020
	NET BOOK VALUE
	At 31December 2020
	At 31December 2019

14.	DEBTORS:AMOUNTS FALLING DUE~ONE YEAR
		2020	2019
	Amounts owed by group undertakmgs		550
	Other debtors	4&101	2,471
	VAT	42,960	8,930
		47,061	11,951
15.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2020	2019
	Other loans (see note 17)	7,600	21,655
	Trade creditors	159@12	3,095
	Amounts owed to group undertaldngs	18
	Social security and other taxes	188	263
	Other creditors	71
	Accruals and deferred income	7,975	7,840
		175,164	32,853
16.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
		2020	2019
	Other loans (see note 17)	285475	421,333
17.	LOANS
	An analysis ofthe maturity ofloans is given below:
		2020	2019
			f.
	Amounts falling due withm one year on demand:
	Other loans	7,600	21,655
	Amounts fauing due in more than five years:
	Repayable by instalments:
	Other loans more Syrs instal	285475	421,333

MOVEMENT IN FUNDS	MOVEMENT IN FUNDS
				Net	Transfers
				movement	between	At
			At I/I/20	in funds	fimds	31/12/20
				f,
Unrestricted funds
General fimd			86,685	7,710	(1,800)	92,595
Emergency Operating	Fund -	Designated	50,000			50,000
Youth Theatre - Designated				(1,800)	1,800
MH Project - Designated			3477	(19,090)	15,813
Arts Council Covid grant - designated				2,000		2,000
Power to change Covid grant		- designated		11,421		11,421
			139,962		15,813	156,016
Restricted funds
Edinburgh Bursary Fund			1,100			1,100
Building Fund			5,676			5,676
Fixed Asset Fund			193,078	(13,768)		179/10
MiH Project			479,497	575,642	(909,043)	146,096
CLT Project			3,505			3,505
HLF Cmnbridgeshire	Village	Colleges	2,871	14,924		17,795
Nellie Tuk Tuk			9,970	3/61		13,231
Mill Project - Fixed Asset Fund			112452		893,480	1,005,732
Mill Project - CCC Grant				217,522	(250)	217,272
			807,949	797,581	(15,813)	1489,717
TOTAL FUNDS			947,911	797,822		1,745,733
Net movement in funds, included m the above are as follows:
				Incoming	Resources	Movement
				resources	expended	m fimds
				f.
Unrestricted funds
General fimd				50,975	(43/65)	7,710
Youth Theatre - Designated				19,008	(20,808)	(1,800)
Mill Project - Designated					(19,090)	(19,090)
Arts Council Covid grant - designated Power to change Covid grant —designated				21,523 17~0	(19,523) (6,079)	2,000 11,421
				109,006	(108,765)	241
Restricted funds
Fixed Asset Fund					(13,768)	(13,768)
MH Project				575,667	(25)	575,642
HLF Cambridgeshire	Village	Colleges		26/00	(11/76)	14,924
NeHie Tuk Tuk				3,600	(339)	3,261
MH Project - CCC Grant				217+28	(6)	217,522
				822,995	(25,414)	797,581
TOTAL FUNDS				932,001	(134,179)	797,822

				Net	Transfers
				movement	between	At
			At 1/1/19	in funds	fimds	31/12/19
						f,
Unrestricted	funds
General fund			96,036	(12,651)	3,300	86,685
Emergency Operating		Fund - Designated	50,000			50,000
Youth Theatre	- Designated			(1,521)	1,521
Adult Theatre	—Designated			5,914	(5,914)
Mill Project -	Designated		50,000	(10,176)	(36,547)	3477
			196,036	(18,434)	(37,640)	139,962
Restricted funds
Edinburgh Bursary Fund				1,100		1,100
Buildmg Fund			5,676			5,676
Fixed Asset Fund			206,846	(13,768)		193,078
MiH Project			130,572	424,630	(75,705)	479,497
CLTProject			3,505			3,505
HLF Cambridgeshire		Village Colleges	18,638	(15,767)		2,871
High Sherriff			4,000	(5,093)	1,093
Nellie Tuk Tuk				9,970		9,970
Mill Project -	Fixed Asset Fund				112452	112/52
			369,237	401,072	37,640	807,949
TOTAL FUNDS			565/73	382,638		947,911

			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted	funds
General fimd			40,072	(52,723)	(12,651)
Youth Theatre	—Designated		65,112	(66,633)	(1,521)
Adult Theatre	- Designated		19,547	(13,633)	5,914
Mill Project -	Designated		1,000	(11,176)	(10,176)
			125,731	(144,165)	(18,434)
Restricted funds
Edmburgh Bursary		Fund	2,000	(900)	1,100
Fixed Asset Fund				(13,768)	(13,768)
Mill Project			424,630		424,630
HLF Cambridgeshire		Village Colleges		(15,767)	(15,767)
Kgh Sherriff				(5,093)	(5,093)
Nellie Tuk Tuk			9,970		9,970
			436,600	(35,528)	401,072
TOTAL FUNDS			562,331	(179,693)	382,638

			Net	Transfers
			movement	between	At
		At 1/1/19	in funds	funds	31/12/20
Unrestricted funds
General fimd		96,036	(4,941)	1,500	92,595
Emergency Operating	Fund - Designated	50,000			50,000
Youth Theatre - Designated			(3,321)	3,321
Adult Theatre - Designated			5,914	(5,914)
Mill Project - Designated		50,000	(29466)	(20,734)
Ats Council Covid grant - designated			2,000		2,000
Power to change Covid grant - designated			11,421		11,421
		196,036	(18,193)	(21,827)	156,016
Restricted funds
Edinburgh Bursary Ftmd			1,100		1,100
Building Fund		5,676			5,676
Fixed Asset Fund		206,846	(27,536)		179,310
Mill Project		130,572	1,000/72	(984,748)	146,096
CLTProject		3,505			3,505
HLF Cambridgeshire	Village Colleges	18,638	(843)		17,795
High Sherriff		4,000	(5,093)	1,093
Nellie Tuk Tuk			13/31		13,231
Mill Project - Fixed Asset Fund				1,005,732	1,005,732
Mill Project - CCC Grant			217,522	(250)	217,272
		369437	1,198,653	21,827	1,589,717
TOTAL FUNDS		565473	1,180,460		1,745,733

		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted funds
General fund		91,047	(95,988)	(4,941)
Youth Theatre - Designated		84,120	(87,441)	(3,321)
Adult Theatre - Designated		19,547	(13,633)	5,914
Mill Project - Designated		1,000	(30,266)	(29466)
Arts Council Covid	grant - designated	21,523	(19,523)	2,000
Power to change Covid grant - designated		17,500	(6,079)	11,421
		234,737	(252,930)	(18,193)
Restricted funds
Edmburgh Bursary	Fund	2,000	(900)	1,100
Fixed Asset Fund			(27,536)	(27,536)
Mill Project		1,000497	(25)	1,000,272
HLF Cambridgeshire	Village Colleges	26,200	(27,043)	(843)
High Sherriff			(5,093)	(5,093)
Nellie Tuk Tuk		13,570	(339)	13/31
Mill Project - CCC	Grant	217,528	(6)	217,522
		1459,595	(60,942)	1,198,653
TOTAL FUNDS		1,494,332	(313,872)	1,180,460

		2020	2019
INCOME AND ENDOWMENTS
Donations and legacies
Donations		165,881	38,270
Grants		676,895	412,670
Membership and show fees		7,101	8,971
Theatre Taxrelief		10/91	10,999
		860,868	470,910
Other trading activities
Fundraising events		1,588	7,690
Letting ofcharitable	property	3,000	2,636
Other income		1,000
		5,588	10,326
Investment income
Deposit account interest		232	284
Charitable activities
Ticket and Show Income		15,929	41,509
Workshops and classes		875	5,975
Trips, and outings			33,327
		16,804	80,811
Other income
Covid Grant		48,509
Total incoming resources		932,001	562,331
Raising donations	and legacies
Ftmd raising expenses		105	1,633
Charitable activities
Wages		24,013	27259
Social security		444
Productions costs		22,430	50/41
Publicity		5,014	3,015
Sundries		828	1,041
Award Night Costs			1,864
Travel and Subsistence		40	854
Cerned forward		52,769	84/74

				2020	2019
Charitable activities
Brought forward				52,769	84@74
Trips and activities					29,097
Subscription					1,814
Workshops				3,636	5,935
				56,405	121,120
Support costs
Management
Rent, rates and water				3,557	338
Insurance				4/08	2,870
Light and heat				2&308	1,938
Telephone				1,117	1,570
Postage and stationery				591	391
Sundries				349	788
Website domam		and upkeep		570	731
Repairs and renewals				547	809
Cleaning and	licencing			180	245
Tralrurlg					150
Costs ofNorthfield			Unit	1200	3,900
Professional	fees			13,424	52
Depreciation				21,862	22,638
				49/13	36,420
Finance
Bank charges				2 tt34	154
Loan				14/03	10,]68
Non recoverable		VAT		2450	4,681
				19,487	15,003
Governance	costs
Independent	Examiner Fee			1,800	1,400
Accountancy	fees			6,469	4,117
				8,269	5,517
Total resources	expended			134,179	179,693
Net income				797,822	382,638