2020-11-30-accounts

Contents			Page
Members ofthe Board and Professional	Advisers
Trustees' Annual Report
Independent Examiner's Report to the Trustees
Statement of Financial Activities (incorporating		the
income and expenditure account)			10
Balance Sheet
Statement of Cash Flows			12
Notes to the Financial Statements
The following page does not form part ofthe financial statements
Detailed Statement of Financial Activities			17

Registered		Charity Name	Charity Name	The Photographic	Angle	Angle
Charity Number				1135750(England	and	Wales)
Company	Registration		Number	07063537
Registered		Office		5 and 6 Fairfax Place
				Dartmouth
				Devon
				TQ6 9AD
Trustees/Directors				Mr A Carter
				Mr A May
				MrSTaylor
				DrJ D Walker (resigned 26 February 2020)
				Mr N Millard (deceased		19April 2021)
				Mrs BM Johnston
Chief Executive and
Company	Secretary			Ms C John
Independent		Examiner		Martin Hobbs BScACA
				Francis Clark LLP
				Chartered Accountants
				Sigma House
				Oak View Close
				Edginswell Park
				Torquay
				TQ2 7FF
Bankers				National Westminster		Bank PLC
				91 Fore Street
				Kingsbridge
				Devon

				General	General
				Unrestricted	Unrestricted
				Funds	Funds
			Note	2020	2019f
Income from:
Charitable activities				423,656	404,434
Donations				50,000	100,145
Other income —CJRS grants				51,255
Total income				524,911	504,579
Expenditure on:
Charitable activities			2	320,648	472,250
Total expenditure				320,648	472,250
Net income I (expenditure)	and net movement	in funds		204,263	32,329
Reconciliation ofFunds
Funds brought forward				27.231	(5,098)
Funds Canted Forward				231,494	27,231

30November 2	0	20
			Note	2020 6	2019f
Fixed Assets
Tangible assets				713	612
Current Assets
Debtors				31,302	47,599
Cash at bank and	in	hand		270,571	53,453
				301,873	101,052
Liabilities
Creditors falling due		within one year		(71,092)	(74,433)
Net Current Assets		(Liabilities)		230,781	26,619
Net Assets (Liabilities)				231,494	27,231
General unrestricted		funds		231,494	27,231
Total Funds				231,494	27,231

The Photographic Angle Cash Flow Statement Year Ended 30 November 2020
			Note	2020	2019f
Cash flows from operating activities:
Net cash provided by (used in) operating	activities		10	217,837	10,633
Cash flows from investing activities:
Purchase af plant and equipment				(719)	(694)
Net cash provided by (used in) investing	activities			(719)	(694)
Change in cash 8 cash equivalents in the year				217,118	10,139
Cash and cash equivalents at the beginning		ofthe year		53,453	43,314
Cash and cash equivalents at the end of	the	year		270,571	53,453

2.	Expenditure
					2020	2019
	Charitable	activities:
	Exhibition costs				66,245	186,719
	Staff costs				127,666	161,942
	Establishment		costs		81,324	95,583
	Other costs				16,685	21,196
	Governance		costs: accountancy	fees and bad debts	28,728	6,810
					320,648	472,250

This is stated after charg	ing:
			2020	2019
				F
Depreciation			618	513
Operating lease rentals			17,721	19,836
Staff Costs and Emoluments
Total staff costs were	as follows:
			2020	2019
Wages and salaries Social security costs Pension costs			118,288 6,299 3,079	144,428 14,005 3,509
			127,666	161,942
Particulars ofemployees:
The average number of	employees	during the year was as follows:	2020	2019
			No	No
Number ofadministrative	staff			3
Number of management	staff			2
				5

Tangible Fixed A	sse	ts
					Equipment
					6
Cost
At 1 December 2019					59,209
Additions					719
Disposals					(500)
At 30November	2020				59,428
Depreciation
At 1 December 2019					58,597
Charge for the year					618
Eliminated on disposal					(500)
At 30November	2020				58,715
Net cook Value
At 30November	2020				713
At 30November	2019				612
Debtors
				2020	2019f
Trade debtors				19,642	42,656
Other debtors				8,976	2,315
Prepayments				2,684	2,626
				31,302	47,599
Creditors: Amounts		falling due within one year
				2020	2019
				6	6
Trade creditors				36,479	36,263
PAVE and social	security			2,497	3,030
Other creditors				3.312	1,388
Accruals and deferred			income	28,804	33,752
				71,092	74,433

10.	Reconciliation ofnet income to	Reconciliation ofnet income to	net cash flow from operating	activities
					2020	2019
					6
	Net income Depreciation	for the year charges			204,263 618	32,329 513
	Decrease (increase) in debtors				16,297	(17,703)
	(Decrease)	in creditors			(3,341)	(4,306)
	Net cash provided by operating		activities		217,837	10,922
11.	Analysis of	cash and cash eguivalents
					2020	2019
					6	F
	Cash at bank and in hand				2?0,571	53,453

				2020	2019
				8
Income
Income from	charitable	activities		423,656	404,434
Donations				50,000	100,145
CJRS income				51,255
				524,911	504,579
Expenditure
Exhibition costs				66,245	186,719
Staff costs:
Wages and salaries				118,288	144,428
Employer's NIC				6,299	14,005
Staff pension				3,079	3,509
				127,666	161,942
Establishment	costs:
Rent				17,721	19,836
Light and heat				1,876	1,759
Repairs and maintenance				2,833	4,414
Business rates				54,690	65,459
Insurance				4,204	4,115
				81,324	95,583
Other costs:
Professional	- legal and	consultancy	fees	205	405
Office expenses - telephone				3,754	3,957
Depreciation				618	513
Advertising				131	166
Travel and subsistence				108	1,555
Charitable expenditure				3,666	3,666
Miscellaneous	expenses			3,468	3,194
Office costs				582	1,845
Printing and stationery				924	2,677
Internet costs				3,229	3,218
				16,685	21,196
Governance	costs:
Accountancy	fees			8,376	6,810
Bad debts written off				20,352
				28,728	6,810
Total Expenditure				320,648	472,250
Net Income	for the Year			204,263	32,329