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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|
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||||||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|
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|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|
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|Other inco|me|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|2021|2020|
|||F|F|F||
|Fundraising|income|102||102|3,565|
|Insurance|claims received|13,800||13,800||
|Other income||5,594|7,271|12,865|10,709|
|||19,496|7,271|26,767|14,274|
##
|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|
|||Designated|Total|Total|
|---|---|---|---|---|
|||Funds|2021|2020|
|||E|f.|E|
|Depreciation|—property|3,879|3,879|3,800|
|||3,879|3,879|3,800|
##
|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|
##
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##
|Tangible fixed assets||||||
|---|---|---|---|---|---|
|||Light and|ITand Office|Fix'tures||
||Land and|Sound|Electronic|and||
||Buildings|Equipment|Equipment|Fittings|Total|
||E|F|E||F|
|Cost or valuation||||||
|At 1"April 2020|190,000|88,014|19,141|26,932|324,087|
|Additions|3,933||714||4,647|
|At 31"March 2021|193,933|88,014|19,855|26,932|328,734|
|Depreciation||||||
|At 1"April 2020|6,017|53,707|19,093|17,679|96,496|
|Charge for the year|3,879|9,159|286|3,329|16,653|
|At 31"March 2021|9,896|62,866|19,379|21,008|113,149|
|Net book value||||||
|At 31"March 2021|184,037|25,148|476|5,924|215,585|
|At31"March 2020|183,983|34,307|48|9,253|227,591|
|Debtors||||
|---|---|---|---|
|||2021|2020|
||||E|
|Amounts|falling due within one year|||
|Trade debtors||180|4,005|
|P repayments||4,122|3,300|
|||4,302|7,305|
##
##
|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|
##
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##
##
|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|
##
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|||Unrestricted|Designated|Restricted||
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Total|
|Fixed assets|||191,997|23,588|215,585|
|Current|assets|128,379||14,556|142,935|
|Current|liabilities|(31,747)|||(31,747)|
|||96,632|191,997|38,144|326,773|