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2021-03-31-accounts

Page
Reference and administrative details ofthe charitable company, its Trustees and
advisers
Trustees'
report
2-8
Independent
examiner's
report
Statement offinancial activities 10
Balance sheet 11-12
Notes to the financial statements 13-28

Unrestricted Restricted Total Total
funds funds funds funds
Note 2021
6
2021
6
2021
6
2020f
Income from:
Donations
and legacies
3 128,794 8,639 137,433 126,595
Charitable
activities
4 3,167 61,046 64,213 83,031
Investments 5 12 12 41
Total income 131,973 69,685 201,658 209,667
Expenditure
on:
Raising funds 432 432 34,687
Charitable
activities
115,828 63,675 179,503 177,954
Total expenditure 116,260 63,675 179,935 2'/2, 651
Net income 15,713 6,010 21,723 (2984)
Transfers
between
funds 14 (2,400) 2,400
Net movement
in funds
13313 8,410 21 723 (2,984)
Reconciliation
offunds:
Total funds brought forward 82,478 10,878 93,356 96,340
Net movement
in funds
13313 8,410 21 723 (2,984)
Total funds carried forward 95,791 19,288 115,079 93,356

2021 2020
Note 8
Fixed assets
Tangible assets 1,434 759
1,434 759
Current assets
Debtors 12 4,454 5,404
Cash at bank and in hand 113,002 90,355
117,456 95,759
Creditors: amounts falling due within one
year 13 (3,811I (3, f62)
Net current assets 113,645 92,597
Total assets less current liabilities 115,079 93,356
Total net assets 115,079 93,356
Charity funds
Restricted funds 14 19,288 10,878
Unrestricted
funds
14 95,791 82,478
Total funds 115,079 93,356

Unrestricted Restricted Total
funds funds funds
2021 2021 2021
6 6 6
Donations 25,000 25,000
Grants 103,794 8,639 112,433
128,794 8,639 137,433
Unrestricted Restricted Total
funds funds funds
2020 2020 2020
6
Donations 25,000 228 25,228
Grants 96,556 4,811 101,367
121,556 5,039 125,595

Unrestricted Restricted Total
funds funds funds
2021 2021 2021
6 6 6
Literature development 3,167 61,046 64,213
Unrestricted Restricted Total
funds funds funds
2020 2020 2020
F.
Literature development 371 82,660 83,031

Unrestricted Total
funds funds
2021 2021f
Interest receivable 12 12
Unrestricted Total
funds funds
2020 2020
2
Interest receivable 41 41

Grants to Grants to Total
institutions Individuals funds
2021
6
2021
6
2021f
3,879 3,879
Grants to Grants to Total
Institutions Indi viduals funds
2020 2020 2020
2
1,950 1,100 3,050

The charitable
c
ompa ny
has made the following
material
grants to institutions
during
the year:
2021 2020
6
Name of institution
Prime Theatre 500
Wadebridge
School
500
The Inclusion
Agency
CIC 500
Friends of Henleaze Library 450
Jazz Hands 500
Take a Part 500
Somerset Libraries 600
The Paddleboat Theatre 500
Weston Writers 479
Outsider Writers 400
Art and Energy CIC 500
Plymouth
Culture
500
3,879 1,950
3,879 'l,950

Activities Grant
undertaken funding
of
Support Total
directly activities costs funds
2021f 2021f 2021f 2021f
Literature development 133,310 3,879 42,314 179,503
Activities Grant
undertaken funding
ol
Support Total
directly acti vi ties costs funds
2020f 2020 2020 2020f
Literature development f29,000 3,050 45,914 f77,964

Literature Total
development funds
2021f 2021f
Staff costs 97,695 97,595
Promotion of literature 8,110 8,110
Writer and poet fees 22,405 22,405
Contract staff 4,200 4,200
Consultancy 900 900
133,310 133,310

Analysis o fdirect costs (continued)
Literature Total
development funds
2020 2020
2
Staff costs 58,122 58,122
Promotion of literature 22,328 22,328
Writer and poet fees 39,376 39,376
Contract staff 1,474 1,474
Consultancy 7,700 7,700
129,000 129,000
Analysis ofsupport costs
Literature Total
development funds
2021 2021
5
Depreciation 907 907
Rent 25,417 25,417
insurance 540 540
Website costs 3,475 3,475
Other expenses 4, 102 4,102
Travel 499 499
Professional fees 7,320 7,320
Governance costs 54 54
42,314 42,314

Analysis of support costs (continued)
Literature Total
development funds
2020 2020
Depreciation 379 379
Rent 25,000 25,000
Insurance 2,160 2 160
Website costs 3,366 3,366
Other expenses 4,046 4,046
Travel 2,334 2,334
Professional fees 6,374 6,374
Governance costs 2255 2,255
45,914 45,914

2021 2020
f f
Wages and salaries 90,883 85,525
Social security costs 4,085 4,307
Contribution to defined contribution pension schemes 2,727 2517
97,695 92,349
2021 2020
No. No.

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 IIIIARCH 2021
11. Tangible fixed assets
Computer
equipment
8
Cost or valuation
At 1 April 2020 1,138
Additions 1,582
At 31 March 2021 2,720
Depreciation
At 1 April 2020 379
Charge for the year 907
At 31 March 2021 1,286
Net book value
At 31 March 2021 1,434
At 31 March 2020 759

2021 2020
5
Due within one year
Trade debtors 3,050 4,000
Prepayments and accrued income 1,404 5,404
4,454 5,404

2021 2020
2
Trade creditors 1,816 2,055
Other creditors 555 507
Accruals and deferred income 1,440 600
3„811 3,562

Statement of fun ds - prior ye ar
Balance at
Balance at Transfers 31March
1 April 2019 income Expenditure in/out 2020
6
Unrestricted funds
General Funds 62,282 121,695 (103,041) 1,542 82,478
Restricted funds
Annual
Fund
1,189 (2,950) 1,761
British Council 3,000 (2,272) (728)
Quay Words 2020-22 4,662 54,967 (59,504) 125
Greenway 16,100 (9,256) (6,844)
National
Memory
Day 14,838 2,000 (19,246) 10,350 7,942
Plymouth
Festival
of Words (14) 14
Strategic Touring Fund 2811 2,811
Poetry Cares 4,586 79 (4,634) (31)
Plymouth
City
Laureate 9,000 (7,329) (1,671)
Word Online 200 (200)
Writing Places 5,783 (76) (5,707)
Young City Laureate Fund (100) 100
The Common People 2,815 (4,229) 1,414
34,058 87,972 (109,610) (1,542) 10,878
Total offunds 96,340 209,667 (212,651) 93,356

Balance at
Balance at 1 Transfers 31 March
April 2020 income
F
Expenditure
6
in/out
8
2021f
General funds 82,478 131,973 (116,260) (2,400) 95,791
Restricted funds 10,878 69,685 (63,675) 2,400 19,288
93,356 201,658 (179,935) 115,079
Summary offunds - prior year
Balance at
Balance at Transfers 31 March
1 April 2019 Income Expenditure iniout 2020
6 6
General funds 62,282 121,695 (103,041) 1,542 82,476
Restricted funds 34,058 87,972 (109,610) (1,542) 10,878
96,340 209, 667 (212651) 93,356
Analysis of net assets between funds
Analysis of net assets between funds - current year
Unrestricted Restricted Total
funds funds funds
2021 2021 2021
6 8 F
Tangible fixed assets 1,434 1,434
Current assets 98,168 19,288 117,456
Creditors due within one year (3,811) (3,811)
Total 95,791 19,288 115,079

Unrestricted Restricted Total
funds funds funds
2020 2020 2020
6
Tangible fixed assets 759 759
Current assets 84,881 10,878 95,759
Creditors due within one year (3,162) (3,162)
Total 82,478 10,878 93,356