2021-03-31-accounts

			Page
Report ofthe Trustees		1	to	8
Independent Examiner's	Report
Statement of Financial	Activities		10
Balance Sheet
Notes to the Financial Statements		12	to	17

		for t	he year en	ded 31 March	2021
						2021	2020
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	E	F	F	E
INCOME	AND ENDOWMENTS	FROM
Donations	and legacies			36,852	15,950	52,802	16,926
Charitable	activities
Artspace				12,741		12,741	17,714
Outreach	programme			16,090		16,090	7,990
Other trading activities				1,489		1,489
investment	income			2		2
Total				67,174	15,950	83,124	42,634
EXPENDITURE ON
Raising funds				3,967	4,000	7,967
Charitable	activities
Artspace				30,284		30,284	27,753
Outreach	programme			24,852	8,666	33,518	10,180
Other							6,525
Total				59,103	12,666	71,769	44,458
NET INCOME/(EXPENDITURE)				8,071	3,284	11,355	(1,824)
Transfers	between funds		12	3,284	(3,284)
Net movement in funds				11,355		11,355	(1,824)
RECONCILIATION OF FUNDS
Total funds brought forward				9,764		9,764	11,588
TOTAL FUNDS CARRIED FORWARD				21,119		21,119	9,764

				Governance
		Management	Other	costs	Totals
				E	F
Artspace		21,676	7,216	1,392	30,284
Outreach	programme		1,859		1,859
		21,676	9,075	1,392	32,143

STAFF COSTS
			2021	2020
Wages and salaries			27,310	17,200
Other pension costs			476	507
			27,786	17,707
The average monthly	number ofemployees	during the year was as follows:
			2021	2020
Artspace Co-ordinator			1	1

			Unrestricted	Restricted	Total
			funds	funds	funds
INCOME	AND ENDOWMENTS	FROM
Donations	and legacies		14,926	2,000	16,926
Charitable	activities
Artsp ace			17,714		17,714
Outreach	programme		7,990		7,990
Investment	income
Total			40,634	2,000	42,634

	NOTES TO THE FINANCIAL STATEME for the year ended 31 March	NOTES TO THE FINANCIAL STATEME for the year ended 31 March	NOTES TO THE FINANCIAL STATEME for the year ended 31 March	NTS - continued 2021	NTS - continued 2021
	COMPARATIVES FOR THE STATEMENT OF FINANCIAL			ACTIVITIES - continued
				Unrestricted	Restricted	Total
				funds	funds	funds
	EXPENDITURE ON
	Charitable activities
	Artspace			27,753		27,753
	Outreach programme			10,180		10,180
	Other			1,883	4,642	6,525
	Total			39,816	4,642	44,458
	NET INCOME/(EXPENDITURE)			818	(2,642)	(1,824)
	RECONCILIATION	OF FUNDS
	Total funds brought		forward	8,946	2,642	11,588
	TOTAL FUNDS CARRIED FORWARD			9,764		9,764
9.	TANGIBLE FIXEDASSETS
						Plant and
						machinery
	COST
	At 1 April 2020 and 31		March 2021			4,041
	DEPRECIATION
	At 1 April 2020 and 31		March 2021			4,041
	NET BOOK VALUE
	At 31 March 2021
	At 31 March 2020
10.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
					2021	2020
						F
	Trade debtors					841
	Other debtors				3,867	4,315
	Prepayments				150	150
					4,017	5,306

11.	CREDI	TORS	: AMOU	NTS FALLING D	UE WITHIN ONE YE	AR
							2021	2020
	Other creditors						1,240	1,065
	Accruals	and	deferred	income				8,300
	Accrued	expenses					1,200	1,200
							2,440	10,565
12.	MOVEMENT		IN FUNDS
						Net	Transfers
						movement	between	At
					At 1.4.20	in funds	funds	31321
							f.
	Unrestricted		funds
	General	fund			9,764	8,071	3,284	21,119
	Restricted funds
	ACE COVID		Support	fund		3,284	(3,284)
	TOTAL	FUNDS			9,764	11,355		21,119

Net movemen	t in funds, includ	ed in the above are	as follows:
			Incoming	Resources	Movement
			resources F	expended f	in funds
Unrestricted	funds
General fund			67,174	(59,103)	8,071
Restricted funds
ACE COVID	Support fund		11,950	(8,666)	3,284
Great Places			4,000	(4,000)
			15,950	(12,666)	3,284
TOTAL FUNDS			83,124	(71,769)	11,355
Comparatives	for movement	in funds
				Net
				movement	At
			At 1.4.19	in funds	31.3.20
					f.
Unrestricted	funds
General fund			8,946	818	9,764
Restricted funds
Sustainability	funding		2,642	(2,642)
TOTAL FUNDS			11,588	(1,824)	9,764

Comparative	net movement in funds, inclu	ded in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
			F	E
Unrestricted	funds
General fund		40,634	(39,816)	818
Restricted funds
Sustainability	funding	2,000	(4,642)	(2,642)
TOTAL FUNDS		42,634	(44,458)	(1,824)