| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 15,050 | 15,050 | 6,425 | ||
| Charitable activities |
||||||
| Art and Writing | 13,132 | 79,924 | 93,056 | 79,003 | ||
| Investment income |
3 | 2,074 | 1 | 2,075 | 3,958 | |
| Total | 30,256 | 79,925 | 110,181 | 89,386 | ||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Ait and Writing | 25,591 | 87,231 | 112,822 | 125,538 | ||
| Support Costs | 2,117 | 2,117 | 1,379 | |||
| Total | 27,708 | 87,231 | 114,939 | ]26,917 | ||
| NET INCOME/(EXPENDITURE) | 2,548 | (7,306) | (4,758) | (37,531) | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 40,454 | 7,306 | 47,760 | 85,291 | |
| TOTAL FUNDS CARRIED FORWARD | 43,002 | 43,002 | 47,760 |
| BALANCE SHEET 31MARCH 2021 |
|||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | f | f | |||
| CURRENT ASSETS | |||||
| Debtors | 950 | 950 | |||
| Cash at bank and in hand | 79,566 | 79,566 | 64,143 | ||
| 80,516 | 80,516 | 64,143 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
12 | (37,514) | (37,514) | (16,383) | |
| NKT CURRENT ASSETS | 43,002 | 43,002 | 47,760 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 43,002 | 43,002 | 47,760 | ||
| NKT ASSETS | 43,002 | 43,002 | 47,760 | ||
| FUNDS | 13 | ||||
| Unrestricted funds |
43,002 | 40,454 | |||
| Restricted funds | 7,306 | ||||
| TOTAL FUNDS | 43,002 | 47,760 |
| DONATIONS | AND | LEGACIES | LEGACIES | LEGACIES | |||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Donations | 10,318 | 6,425 | |||||
| Grants | 4,732 | ||||||
| 15,050 | 6,425 | ||||||
| Grants received, | included | in the above, are as follows: | |||||
| 2021 | 2020 | ||||||
| 8 | |||||||
| HMRC JRSGrant | 4,732 | ||||||
| INVESTMKNT | INCOME | ||||||
| 2021 | 2020 | ||||||
| Room hire | 2,035 | 3,756 | |||||
| Deposit account | interest | 40 | 202 | ||||
| 2,075 | 3,958 | ||||||
| INCOME FROM CHARITABLE | ACTIVITIES | ||||||
| 2021 | 2020 | ||||||
| Activity | 6 | f | |||||
| Fees and sales | Art | and Writing | 9,070 | 4,044 | |||
| HMRC online filing incentive Art |
and Writing | 4,062 | 3,000 | ||||
| Grants | Art | and Writing | 79,924 | 71,959 | |||
| 93,056 | 79,003 | ||||||
| Grants received, | included | in the above, are as follows: | |||||
| 2021 | 2020 | ||||||
| Arts Council England | - | Creative Future Literary Awards | 15,564 | ||||
| Arts Council England | - | Creative Future Writers Awards | 31,548 | 15,884 | |||
| Arts Council England | - | Page to Publication | 21,799 | ||||
| Arts Council England | - | Emergency | Response Fund | 18,000 | |||
| Crawley Borough Council | - Creative Future Writers Award | 1,842 | |||||
| Emergence Foundation |
-Creative Future Writers Award | 4,657 | 5,127 | ||||
| Emergence Foundation |
-Writing Arts Coaching Workshop | 8,743 | |||||
| Garrick Trust | 3,000 | ||||||
| Carried forward | 54,205 | 71,959 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Brought forward | 54,205 | 71,959 | |||
| Robin Hood Health Foundation | 20,719 | ||||
| Henry Smith Trust | 5,000 | ||||
| 79,924 | 71,959 | ||||
| The following grants have been deferred to the next year: |
|||||
| 2021 | 2020 | ||||
| Arts Council England - Creative Future Writers Award | 25,601 | 11,993 | |||
| 5. | CHARITABLE ACTIVITIES COSTS | ||||
| Direct | Support | ||||
| Costs (see | costs (see | ||||
| note 6) | note 7) | Totals f |
|||
| Art and Writing | 112,822 | 112,822 | |||
| Support Costs | 2,117 | 2,117 | |||
| 112,822 | 2,117 | 114,939 | |||
| DIRECT COSTSOF CHARITABLE ACTIVITIES | |||||
| 2021 | 2020 | ||||
| Training | 471 | 319 | |||
| Workshop resources |
1,151 | 1,812 | |||
| Artists writers fees | 4,592 | 3,609 | |||
| Volunteers expenses |
30 | ||||
| Exhibition expenses |
659 | ||||
| Meeting expenses | 60 | 230 | |||
| Advertising and marketing |
1,764 | 3,096 | |||
| Rent | 3,459 | 6,388 | |||
| Travelling &accommodation | 108 | 3,673 | |||
| Printing | 1,027 | 378 | |||
| Postage &carriage | 22 | 667 | |||
| Telephone | 72 | 144 | |||
| Office stationery &.machine |
maintenance | 2,167 | 6,783 | ||
| Website costs &IT | 3,860 | 415 | |||
| Insurance | 795 | 436 | |||
| Venue hire | 88 | 1,981 | |||
| Freelance event management | 6,804 | ||||
| Other fees &wages | 43,622 | 49,711 | |||
| Workshop tutors |
6,794 | 2,888 | |||
| Project directors | 27,521 | 27,551 | |||
| Mentors | 566 | ||||
| Professional &consultancy | fee | 15,126 | 7,250 | ||
| Bank charges | 123 | 148 | |||
| 112,822 | 125,538 |
| SUPPORT | COSTS | |||
|---|---|---|---|---|
| Governance | ||||
| costs | ||||
| Support Costs | 2,117 | |||
| Support costs, included | in the above, are as follows; | |||
| 2021 | 2020 | |||
| Support | Total | |||
| Costs | activities | |||
| f | ||||
| Accountancy | 1,584 | 851 | ||
| Independent | examination | 520 | 515 | |
| Filing fees | 13 | 13 | ||
| 2,117 | 1,379 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Wages and salaries | 60,600 | 61,509 | ||
| Social Security Costs | 4,726 | 4,791 | ||
| Pension Costs | 3 340 | 3 373 | ||
| 68666 | 69673 | |||
| 2021 | 2020 | |||
| No. | No. | |||
| Average monthly | headcount | was | 3 | 3 |
| 10. | COMPARATIVKS F | OR THK STATEMENT OF FINANCIAL | ACTIVITIES | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| I | 8 | ||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
6,125 | 300 | 6,425 | ||
| Cbaritable activities |
|||||
| Art and Writing | 5,630 | 73,373 | 79,003 | ||
| Investment income |
3,958 | 3,958 | |||
| Total | 15,713 | 73,673 | 89,386 | ||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Art and Writing | 23,327 | 102,211 | 125,538 | ||
| Support Costs | 1,379 | 1,379 | |||
| Total | 24,706 | 102,211 | 126,917 | ||
| NET INCOME/(EXPENDITURE) | (8,993) | (28,538) | (37,531) | ||
| Transfers between funds |
(3) | ||||
| Net movement in funds |
(8,996) | (28,535) | (37,531) | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brougbt forward | 49,450 | 35,841 | 85,291 | ||
| TOTAL FUNDS CARRIED FORWARD | 40,454 | 7,306 | 47,760 | ||
| 11. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2021 | 2020 | ||||
| Trade debtors | 950 |
| CREDITORS: AMO | UNTS FAL | LING DUK WITHIN ONK | YEAR | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Trade creditors | 6,377 | 2,733 | |||
| Social security and other taxes | 2,762 | 1,142 | |||
| Other creditors | 2,259 | ||||
| Accrued expenses | 515 | 515 | |||
| Deferred income | 25,601 | 11,993 | |||
| 37,514 | 16,383 | ||||
| MOVEMKNT IN FUNDS | |||||
| Net | |||||
| movement | At | ||||
| At 1.4.20 | in funds | 31.3.21 | |||
| Unrestricted funds |
|||||
| General fund | 40,454 | 2,548 | 43,002 | ||
| Restricted funds |
|||||
| Arts Council England | - Creative Future | ||||
| Writers Award | 2,179 | (2,179) | |||
| Emergence Foundation |
-Creative | Future | |||
| Writers Award | 5,127 | (5,127) | |||
| 7,306 | (7,306) | ||||
| TOTALFUNDS | 47,760 | (4,758) | 43,002 | ||
| Net movement in funds, included |
in the above are as follows: | ||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 30,256 | (27,708) | 2,548 | ||
| Restricted funds |
|||||
| Arts Council England | - Creative Future | ||||
| Writers Award | 31,548 | (33,727) | (2,179) | ||
| Arts Council England | - Emergency | ||||
| Response Fund | 18,001 | (18,001) | |||
| Emergence Foundation |
-Creative | Future | |||
| Writers Award | 4,657 | (9,784) | (5,127) | ||
| Robin Hood Health Foundation | 20,719 | (20,719) | |||
| Henry Smith Trust | 5,000 | (5,000) | |||
| 79,925 | (87,231) | (7,306) | |||
| TOTAL FUNDS | 110,181 | (114,939) | (4,758) |
| Net | Transfers | Transfers | |||||
|---|---|---|---|---|---|---|---|
| movement | between | At | |||||
| At 1.4.19 | in funds | funds | 31.3.20 | ||||
| 8 | 8 | ||||||
| Unrestricted funds |
|||||||
| General fund | 49,450 | (8,993) | (3) | 40,454 | |||
| Restricted funds |
|||||||
| Arts Council England | - | Creative Future | |||||
| Writers Award | 2,179 | 2,179 | |||||
| Arts Council England | - | Creative Future | |||||
| Literary Award | 16,861 | (16,861) | |||||
| Arts Council England | - | Elevate | (3) | ||||
| Arts Council England | - | Page to Publication | 13,252 | (13,252) | |||
| Emergence Foundation |
-Creative Future | ||||||
| Writers Award | 5,127 | 5, 127 | |||||
| Emergence Foundation |
- Writing Arts | ||||||
| Coaching Workshop | 1,587 | (1,587) | |||||
| Joseph Levy Foundation | - Core Costs | 4,144 | (4,144) | ||||
| 35,841 | (28,538) | 3 | 7,306 | ||||
| TOTAL FUNDS | 85,291 | (37,531) | 47,760 | ||||
| Comparative net movement in funds, included |
in the above are as follows; | ||||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| Unrestricted funds |
|||||||
| General fund | 15,713 | (24,706) | (8,993) | ||||
| Restricted funds |
|||||||
| Arts Council England | - | Creative Future | |||||
| Writers Award | 15,884 | (13,705) | 2,179 | ||||
| Arts Council England | - | Creative Future | |||||
| Literary Award | 16,063 | (32,924) | (16,861) | ||||
| Arts Council England | - | Page to Publication | 23,014 | (36,266) | (13,252) | ||
| Crawley BC - Creative | Future Writers | ||||||
| Award | 1,842 | (1,842) | |||||
| Emergence Foundation |
—Creative Future | ||||||
| Writers Award | 5,127 | 5,127 | |||||
| Emergence Foundation |
- Writing Arts | ||||||
| Coaching Workshop | 8,743 | (10,330) | (1,587) | ||||
| Garrick Trust | 3,000 | (3,000) | |||||
| Joseph Levy Foundation | -Core Costs | (4, | 144) | (4,144) | |||
| 73,673 | (102,211) | (28,538) | |||||
| TOTAL FUNDS | 89,386 | (126,917) | (37,531) |