2020-09-30-accounts - Creative Youth

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

	Air Charter Service
	Rose Theatre
	Kingston College
	John Lewis S Partners
~	Rowan Bentall Trust
	Aztec Event Services
	Brighton Fringe
	Simon Adzians/Tangle Photography Brighton Youth Centre/B. fest
	The Community Brain
	Direct Colour printing
	Zlmbridge Borough Counoil
	The RC Sheriff Trust
	Martin Campbell commercial			property		agents
	The Lamb Surbiton public		house
	Time 6 Leisure
	Glenmore House
~	Metro Bank
	William Walton and La	Mortella			Trust.
	Groundwork UK
	Ram Jam Records
	Riverside Walk and Canadian			and	Portland
	Holiday Inn Kingston
	Rose 6 Rose Solicitors
	Stevensons —Chartezed	Accountants
	Woody's Bar and Kitchen

				Restricted	Restricted	()nrestricted	()nrestricted	()nrestricted
					Funds		Funds		Total
			Note		2020		2020		2020			2019
					f		f		f
INCOME
Income from generated	funds:
voluntary income: Donations & financial support				4	12,111		117,484		129,595			308,218
Activities for generating		funds:
Pundraising events	income			5			27,	446	27,	446		16,322
Investment income:								24		24		104
Income from
charitable activities:
Festival & workshops				5				21.3		213		40,594
TOTAL INCOMING RESOURCES					12,111	f	145,	167 8	157,278			365,238
EEP END IT()RE
Ccata Oi' generating funds:
Fundraising costs of grants			&
dona'tions Pundraising event costs							9,975 2.722		9, 2,	975 722		4,600 3,112
Sub total cost of generating
funds							12,	697	12,	697		7,712
Charitable activitiesi
Feetival & projeCt Support costs Loan interest	COSte			6 6 6	12,111		66, 63,	646 504 252	78, 63,	757 504 252		309,617 58,110 329
Governance costs				6				1D7		107		36D
TOTAL EXPENDITURE					12,111	f	143,206 f		155,31.7			376,128
Net income/ (expenditure) before transfers							1,961		1,961			(10,890)
NET MOVEMENT OP PONDS IN		YEAR					1,961		1,961			(10,890)
Reconciliation of funds:
Total funds brought	forward						15,478		15,478			26,368
TOTAL FUNDS CARRIED	FORWARD					f	17,439 f		17,439		f	15,478

						T		E T		2020
				Notes				2020						2019
FIXED ASSETS
Tangible assets ~ASSETS
Stocks					10			84						84
Debtors					11			8,833						13,393
Cash at hank and in hand								80,801						34,891
TOTAL CURRENT ASSETS								89,718						48,368
CREDITORB: amounts falli~g within ona year		due			12			88,280						18,891
TOTAL CURRENT LIABILITIES NET~ ASSETS								58,280		31,438				18,891	29,477
TOTAL ASSETS LESS
LIABILITIES										31,439					29,478
CREDITORS:amounts falling after more than one year		due
Loans					13			14,000						14,000
										(14,000)					(14,000)
										17,439					15,478
FUNDS
General fund account—
unrestricted										17,439					15,478
TOTAL FUNDS					14					17,439					15,478
The directors are satisfied		that		the		company was			entitled		to exemption from
audit under section 477 of		the	Companies				Act 2006		relating			to	small	companies.
No member of the company audit of these accounts.	has deposited. The directors						a notice under section 476 reguiring acknowledge their responsibilities								an for
for complying with the requirements						of	the	Act with		respect		to	accounting
records and the preparation		of	accounts.
The financial statements of the Companies Act 2006	have been prepared in accordance applicable to companies subject										with the provisions to the small
companies' regime,

	N T 5 TO	TH	TH		2 2
3	FINANCIAL PERFORMANCE OF THE		CHARITY
	A summary of the financial	performance		of the charity	is set out below:
					2020	2019
					6
	Gross incoming resources				157,278	365,238
	Total expenditure on charitable activities				(142,261)	(367,727)
	Fundraising event costs Fundraising costs of grants donations Governance costs		&		(2,722) (9,975) (107)	(3,112) (4,600) (360)
	Finance costs —interest
	payable				(252)	(329)
	Net incoming/(outgoing) resources				1,961	(10,890)
	Total funds brought forward				15,478	26,368
	Total funds carried forward				17,439	15,478
	Represented by:
	Unrestricted income
	funds/(deficit)				17,439	15,478
				6	17,439	15,478
4	VOLUNTARY INCONE
					2020	2019
					6
	Financial support & sponsors				2,500	45,730
	Financial support —Royal Borough of Kingston				8,301	18,000
	Financial support —Kingston Univ ereity Donated services —valuation				20,000 18,985	20,000 164,471
	Donations				11,948	19,182
	Trusts, Grants & Funding				12,000	25,000
	Trust funding (Restricted) Projects 6 other funding				2,000	1,125
	Arts Councij, England [ACE) funding Retail, Hospitality & Leisure Grant for lockdown				8,861 10,000	14,710
	ACE Emergency Response Fund grant				35,000
				6	129,595	6 308,218

	resources as donated ser costs and running costs.	vices and	vices and	an equiv	alent c	harge include	d	within	f	estival
5	INCOMING RESOURCES FROM	CHARITABLE		& FUND	RAISING	ACTIVITIES
	The income was primarily	from	the	festival,	from	commissions	and	from
	fundraising performances.
						2020				2019
	Box office sales									30,884
	Registration & partioiPation fees					213				3,797
	Workshop & course fee income Sundry festival income									(50) 122
	Merchandising & bar income									1,297
	Programme advertising									4,544
	IIA Festival					213				40,594
	Fundraising events income					27,446				16,322
						27,659			8	56(916
6	ANALYIS OF CHARITABLE & OTHER		EXPENDITURE
						2020				2019
										6
	Festival production costs					64,520				142,224
	Merchandising & bar costs									1,072
	Marketing & publicity					2I130				8,561
						66,650				151,857
	Creative Talent Programme					10,111				12,000
	Workshop, projects & commission costs					1,996				274
	Donated facilities —rent	of				78,757				164,131
	venues									145,486
	Festival & project costs					78,757				309,617
	Fundraising event costs Fundraiser's fees & other	exps				2 722 9,975				3,112 4,600
						91,454				317,329
	Administration & support	costs				49,479				44, 085

							~CREATI	g~	~	~		16
						TO THE	ACCOUNTS	—	EPTEMBER 2020
	Dcmated facility office premises			—rent-free					14,	025		14,025
	Loan interest									252			329
									155,210			375,	768
	Governance	costs								107			360
									f. 155,317		f	376,	128
7	STAFF
	Staff costs		were	as	follows:
									2020			2019
	Adminietratian		staff		&	exps			21,	959		17,	010
	Employers	pension		costs						533
									22,	492		17,	010

10	STOCKS
						2020			2019
						6
	Merchandising goods		for resale				84
11	DEBTORS
						2020			2019
	Trade debtors					2,	000		1,	501
	Other debtors						500
	Prepaid expenses Accrued income					2,615 1,600			8,	456
	Deposit —with landlord Advances to staff					2,	000		2,	000 100
	Customs and Excise						118		1,	336
						8,	833		13,393
12	cREDITQRS: amounts		falli~g	due within	one year
						2020			2019
									6
	Trade creditors						780		14,	182
	Other creditors						540
	Accrued expenees Deferred Income					44,	741 928		2, 2,	709 000
	PAYS 6 NI						408
	Net wages due						168
	Pension fund						215
						47,	780		18,	891
	Short term los~a	(note 13)				10,500
						58,	280	6	18,	891

Analysis o	f borrowings falling
			2020	2019
Due within Within 1	5 years: year as above		10,500
Between	1 6 2 years
bank	loans & overdrafts		6, 000
other				14,000
Between bank	2 & 5 years loans & overdraits		8,000
other
Due after Due after	5 years, by instalments 5 years, other than by instalments
Total loans & overdrafts		5	24, 500	14,000