2021-03-31-accounts - Kirkgate Arts

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(Including Income an	d Expe	nditure Account	and Statement	ofRecognised	Gains and Losse	s)
		Unrestricted	Designated	Restricted	Total Funds	Total Funds
		Funds	Funds	Funds	Year to 31.03.21	Year to 31.03.20
	Note				E
INCOMING RESOURCES
Grants and donations	3	66,074		74,581	140,655	67,200
Charitable activities	4	7,516		984	8,500	91,630
Investment income	5	344			344	540
Other income	6	19,496		7,271	26,767	14,274
TOTAL INCOMING RESOURCES		93,430		82,836	176,266	173,644
RESOURCES EXPENDED
Expenditure on charitable activities		67,288	3,879	69,259	140,426	239,150
TOTAL RESOURCES EXPENDED		67,288	3,879	69,259	140,426	239,150
NET INCOMING/(OUTGOING)
RESOURCES FOR THE YEAR		26,142	(3,879)	13,577	35,840	(65,506)
Transfers between funds		33,830		(33,830)
Balances brought forward		36,660	195,876	58,397	290,933	356,439
Balances carried forward		96,632	191,997	38,144	326,773	290,933

					31.03.21		31.03.20
				Note	F	E	E
Cash flows from operating activities
Movement in funds	for the year				35,840		(65,506)
Adjustments to cash flows from non-cash				items
Depreciation					16,653		16,584
Investment income					(344)		(540)
					16,309		16,044
Working capital adjustments
Decrease/(increase)	in stocks				203		779
Decrease/(increase)	in debtors				3,003		(480)
Increase/(decrease)	in creditors				25,383		(12,817)
Net cash flows from	operating activities				28,589		(12,518)
Cash flows from investing activities
Interest income					344		540
Purchase oftangible	fixed assets				(4,647)
Cash provided by/(used in) investing			activities		(4,303)		540
(Decrease)/increase	in cash and cash		equivalents
in the year					76,435		(61,440)
Cash and cash equivalents at the		beginning
ofthe year					61,402		122,842
Total cash and cash equivalents		at the end		ofthe year	137,837		61,402

Voluntary income: Grants and donation	s
	Unrestricted	Restricted	Total	Total
	Funds	Funds	2021	2020
	E	E	E	E
Donations and legacies
Donations from individuals	2,487	4,000	6,487	3,783
Grants, including capital grants
Grants from other charities	9,515	45,698	55,213	63,417
HMRC CJRS Furlough Scheme	23,836	—	23,836
Other Covid-19 grants	30,236	24,883	55,119
	66,074	74,581	140,655	67,200

ncoming re	sources	from charitable acti	vities
			Unrestricted	Restricted	Total	Total
			Funds	Funds	2021	2020
			E	E		F
Membership	fees —Arts Out West		723		723	1,058
Ticket sales and admissions			3,628	934	4,562	57,365
Venue hire	fees		2,210	50	2,260	17,285
Bar and ice cream		sales	955		955	15,922
			7,516	984	8,500	91,630
nvestment	income
			Unrestricted	Restricted	Total	Total
			Funds	Funds	2021	2020
			E
interest receivable		on bank deposits	344		344	540

xpenditure on charitabl	e activities
			Unrestricted	Restricted	Total	Total
			Funds	Funds	2021	2020
Cost ofbar sales			546		546	8,892
Performance fees and licences			1,549	7,780	9,329	63,535
Activities and workshops			1,002	6,118	7,120	13,989
Heritage Group			85		85	243
Wages and salaries			22,735	33,916	56,651	61,896
Employer national insurance			3,293		3,293	4,130
Pension contributions			944		944	1,134
Contract labour				100	100	3,113
Training			18	90	108	1,541
Travelling				32	32	1,813
Light and heat			3,829	880	4,709	6,050
Insurance			5,361		5,361	5,028
Building and equipment	maintenance		9,997	6,830	16,827	22,646
Administration expenses			720	512	1,232	1,098
Equipment rental			2,484		2,484	2,786
Telephone and fax			1,626		1,626	1,808
Printing, postage and stationery			103	146	249	1,479
Advertising and marketing			3,198	47	3,245	9,908
Accountancy fees			4,207		4,207	4,202
Computer costs			3,631	173	3,804	4,033
Professional fees				930	930	1,630
Fundraising expenses			259		259	479
Bank charges			633		633	1,134
Depreciation —fixtures and fittings				3,329	3,329	3,329
Depreciation —ITand office electroni		cequipment		286	286	296
Depreciation —light and	sound equip	ment	1,068	8,090	9,158	9,158
			67,288	69,259	136,547	235,350

8	Net outgoing	resources	for the period
				2021	2020
	This is stated	after charging:
	Depreciation oftangible		fixed assets	16,653	16,584
9	Staff costs and trustees'		remuneration
				2021	2020
	Staff costs include the following:
	Wages and salaries			56,651	61,895
	Social security	costs		3,293	4,130
	Pension costs			944	1,134
				60,888	67,159

Creditors: amou	nts falling due within one yea	r
		2021	2020
Trade creditors		2,045	1,144
Taxation and social security		443	1,184
Grants received	in advance	23,654
Other creditors		55	978
Accruals		5,550	3,058
		31,747	6,364

Operating lea	Operating lea	ses
The total future		minimum	lease payments	under non-cancellable	operating leases are as follows:
					2021	2020
					F
Not later than		1 year			2,484	2,484
Later than	1 year and		not later than 5years
					2,484	2,484

tatement offunds	tatement offunds
The movement in the year is as follows:
		At01.04.20	Income	Expenditure	Transfers	At 31.03.21
						E
Unrestricted general funds
General unrestricted fund		36,660	93,430	(67,288)	33,830	96,632
Total unrestricted funds		36,660	93,430	(67,288)	33,830	96,632
Designated funds
Property fixed asset reserve		195,876		(3,879)		191,997
Total designated funds		195,876		(3,879)		191,997
Restricted funds
Capital Development fund		37,130	4,000	(19,465)		21,665
Community activities funded		557			(557)
Arts Council Exceptional	Circumstances		24,883	(9,830)	(14,453)	600
Heritage Lottery Fund —WW1 2018		2,269				2,269
Heritage —Georgian Fair	Group	3,121				3,"l21
CFAN		1,288	7,121	(6,800)		1,609
Pitch Mentoring		2,897	1,387	(464)	(3,820)
Arts Out West ACE/NPO		20,786	45,219	(27,574)	(29,552)	8,879
Arts Out West CCF 2018-20		(9,651)	226	(5,126)	14,552
Total restricted funds		58,397	82,836	(69,259)		38,144
Total funds		290,S33	176,266	(140,426)		326,773