| Page | |||||
|---|---|---|---|---|---|
| Report ofthe Trustees | I | to | 15 | ||
| Independent Examiner's |
Report | 16 | |||
| Statement ofFinancial | Activities | 17 | |||
| Balance Sheet | 18 | to | 19 | ||
| Notes to the Financial | Statements | 20 | to | 37 | |
| Detailed Statement of | Financial Activities | 38 | to | 39 |
BLUECOAT DISPLAY CENTRE LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 LightNight, usually held at across arts venues throughout Liverpool tliis was adapted to present activitieslevents online due to the pandemic. The planned In the Window display for May featiiring local ceramic artist Chris Turrell's c¢ramic Wonderbeasts was rcplaced by Chris creating a s¢ries of beautifully intricatc drawings which he made at home whilst access to his ¢erami¢ studio wasn't possible. Chris produced the exclusive black and while drawings inspired by w'ork from his sket¢hbooks. The drawings Were available to doivnload and print froin oiir new website throughout LighiNight 2020. This gave the opportunity for p¢opl¢ to add their own colours, ¢usiomise or re-itllagine the images and then share the results. Chris was due to run a ceramics workshop in June bul this loo was Cancelled in line with restrictions and guidelines. Cultural Eduealion Research Initiative (CERI) Article Publication Summer Issue 2020 In 2018119 The Bluecoat Display Centre undertook a review of best-pracli¢e for integrating craft-makers into secondary education as part of the Cultural Education Research Initiative (CERI) supported by Curious Minds, Liverpool Hope University and RECAP {Ihe Centre for Research into Education, Creativiti, and the Arts through Practice, based at Univcrsity of Chester). The project included research into a number of local s¢¢ondary schools around Merseyside with tea¢h¢rs who had embedded artist-led working and Tesidencies into their curriculum. During 2019120, Blue¢oal Display Centre piloted a series of practical workshops led by craft-makers in lo¢al secondary schools working across a range of disciplines, organised as professional development opportunities for art department staff at local schools. Findings and insights frotn this research was shared in an article written by Bluecoat Display Centre Director Sam Rhodes and Gallery Assistani Claire Smith with Jeff Adams (Professor emeritus in education, University of Chester). It was published in Issue 28 of AD magazine, a piofessional Inagazine for educators working in the fields of art, craft and design https'.Ilbluecoatdisplayc¢ntre.comloulrea¢hlwp-contentluploads/sites13120211031AD-Summer-2020-Is511e-28-Ma king-lhe-most.pdf Bluecoat Display Centre reopened From 17 June 2020 The Dire¢lor ivas able to reopen the centre for a couple of days each week for the rest of June as restrietions on independent galleries eased. Other staff remained fiirloughed and then returned to work part time to support the operating of the gallery. Adherence lo public health guidelines included limiting nuinbers of people entering the gallery, observing social dislancing and reinforcing us¢ of face masks on entry. Local print maker Karen Edwards was ¢ommissioned to create letterpress social distancing gallery signage. From early July, opening hours were extended further with viewiRg by appointmenl available as an option for visitors but still facilitated by the Director 11 ihe parl time support of Ilie Gallery Assistant. Th¢ Dir¢¢tor focused on PTonioting solo In the Window displays and curated displays in the main gallery featuring local tnakers in the tnonths after lockdown eased and we were able to reopen. Emma Rodgers- In tbe Window 17- 30 June Page 5
| 31.3.21 | 31.3.20 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| fund | funds | funds | funds | |||||
| Notes | ||||||||
| INCOME | AND ENDOWMENTS | FROM | ||||||
| Donations | and legacies | 2 | 50,296 | 82,337 | 132,633 | 80,967 | ||
| Charitable | activities | |||||||
| Other support costs | 5,035 | |||||||
| Investment | income | 3 | 20,489 | 20,489 | 43,442 | |||
| Total | 70,785 | 82,337 | 153,122 | 129,444 | ||||
| EXPENDITURE ON | ||||||||
| Charitable | activities | |||||||
| Other support costs | 69,440 | 64,793 | 134,233 | 118,953 | ||||
| NET INCOME | 1,345 | 17,544 | 18,889 | 10,491 | ||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds | brought | forward | 66,116 | 30,424 | 96,540 | 86,049 | ||
| TOTAL FUNDS CARRIED FORWARD | 67,461 | 47,968 | 115,429 | 96,540 |
| 31.3.21 | 31.3.20 | |||
|---|---|---|---|---|
| Notes | g | |||
| FIXEDASSETS | ||||
| Tangible assets | 10 | 543 | 638 | |
| Investments | 11 | 1 | 1 | |
| 544 | 639 | |||
| CURRENT ASSETS | ||||
| Debtors | 12 | 7,897 | 25,971 | |
| Cash at bank and in hand | 144,893 | 80,838 | ||
| 152,790 | 106,809 | |||
| CREDITORS | ||||
| Amounts falling due within |
one year | 13 | (37,905) | (10,908) |
| NKT CURRENT ASSETS | 114,885 | 95,901 | ||
| TOTAL ASSETSLESSCURRENT | ||||
| LIABILITIES | 115,429 | 96,540 | ||
| NKT ASSETS | 115,429 | 96,540 | ||
| FUNDS | 16 | |||
| Unrestricted funds |
67,461 | 66,116 | ||
| Restricted funds | 47,968 | 30,424 | ||
| TOTAL FUNDS | 115,429 | 96,540 |
| Restricted | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | 31.3.2021 | 31.3.2020 | ||||
| Donations and gifts |
1,370 | 1,349 | 2,719 | 2,599 | |||
| Subscriptions | 2,331 | 2,331 | 3,370 | ||||
| Grants | 80,967 | 46,616 | 127,583 | 73,851 | |||
| Other income | 1,147 | ||||||
| 82,337 | 50,296 | 132,633 | 80,967 | ||||
| Total | Total | ||||||
| ANALYSIS OF GRANTS | 31.3.2021 | 31.3.2020 | |||||
| Liverpool City Council | Lockdown | Grants | 7,072 | ||||
| Arts Council Making Moves | 15,000 | ||||||
| The Cadent Foundation | 12,000 | ||||||
| Community Foundation |
Lottery Fund | 4,840 | |||||
| Arts Council Recovery | Grant | 47,127 | |||||
| LCVS Community Impact |
Fund | 2,000 | |||||
| RLBHUT | 4,000 | ||||||
| Art Fund | 2,759 | ||||||
| Frohlich Estate Award | 25,500 | ||||||
| Price Parry Charitable | Trust | 2,000 | |||||
| Liverpool Hope University | -CERI | project | 3,024 | ||||
| Goldsmiths | 6,240 | ||||||
| Merseycare NHS Trust | 2,000 | ||||||
| Walton NHS Trust | 2,500 | ||||||
| Covid Retail, Hospitality | and Leisure | Grant | 25,000 | ||||
| Job Retention Scheme |
Grants | 39,545 | 828 | ||||
| 127,583 | 73,851 |
| Restricted | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | 31.3.2021 | 31.3.2020 | ||||
| Donations and gifts |
1,370 | 1,349 | 2,719 | 2,599 | |||
| Subscriptions | 2,331 | 2,331 | 3,370 | ||||
| Grants | 80,967 | 46,616 | 127,583 | 73,851 | |||
| Other income | 1,147 | ||||||
| 82,337 | 50,296 | 132,633 | 80,967 | ||||
| Total | Total | ||||||
| ANALYSIS OF GRANTS | 31.3.2021 | 31.3.2020 | |||||
| Liverpool City Council | Lockdown | Grants | 7,072 | ||||
| Arts Council Making Moves | 15,000 | ||||||
| The Cadent Foundation | 12,000 | ||||||
| Community Foundation |
Lottery Fund | 4,840 | |||||
| Arts Council Recovery | Grant | 47,127 | |||||
| LCVS Community Impact |
Fund | 2,000 | |||||
| RLBHUT | 4,000 | ||||||
| Art Fund | 2,759 | ||||||
| Frohlich Estate Award | 25,500 | ||||||
| Price Parry Charitable | Trust | 2,000 | |||||
| Liverpool Hope University | -CERI | project | 3,024 | ||||
| Goldsmiths | 6,240 | ||||||
| Merseycare NHS Trust | 2,000 | ||||||
| Walton NHS Trust | 2,500 | ||||||
| Covid Retail, Hospitality | and Leisure | Grant | 25,000 | ||||
| Job Retention Scheme |
Grants | 39,545 | 828 | ||||
| 127,583 | 73,851 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | 31.3.2021 | 31.3.2020 | |||
| Rent received from | trading | subsidiary | 20,387 | 20,387 | 31,603 |
| Gift aid receivable | from trading subsidiary | 11,434 | |||
| Interest on cash deposits | 102 | 102 | 405 | ||
| 20,489 | 20,489 | 43,442 |
| Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | 31.3.2021 | 31.3.2020 | |||
| Workshops | and | lectures | 5,035 | |||
| 5,035 |
| Management | Finance | Totals | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted funds |
69,351 | 89 | 69,440 | |||||||
| Restricted | funds | 64,793 | 64,793 | |||||||
| 134,144 | 89 | 134,233 | ||||||||
| Support costs included | in the | above are as | follows: | |||||||
| 31.3.21 | 31.3.20 | |||||||||
| Salaries | 34,099 | 36,549 | ||||||||
| Job retention scheme |
grant element transferred | to subsidiary | 27,850 | |||||||
| Pensions | 3,119 | 3,152 | ||||||||
| Recharge | ofrunning | costs from subsidiary | 6,469 | 6,003 | ||||||
| Rent and | service | charge | 40,774 | 39,503 | ||||||
| Accountancy and Independent |
Examination | fee | 2,750 | 2,750 | ||||||
| Accountancy -other |
services | 1,140 | 170 | |||||||
| Sundries | 1,999 | 1,002 | ||||||||
| Outreach | project | costs | 6,326 | 9,077 | ||||||
| Exhibition | costs | 163 | 20,520 | |||||||
| Computer | support and website |
9,360 | ||||||||
| Depreciation of | fixed assets | 95 | 118 | |||||||
| Interest payable | and | similar charges | 89 | 109 | ||||||
| 134,233 | 118,953 |
| 31.3.21 | 31.3.20 | ||
|---|---|---|---|
| Depreciation -owned Independent examiner's Other operating leases |
assets remuneration |
95 2,750 35,081 |
118 2,750 33,785 |
| 31.3.21 | 31.3.20 | ||
|---|---|---|---|
| f. | |||
| Wages Pension |
and Salaries costs |
34,099 3,119 |
36,549 3,152 |
| 37,218 | 39,701 |
| The average monthly | number ofemployees during th |
e year was as follows: | |
|---|---|---|---|
| 31.3.21 | 31.3.20 | ||
| Management Other administrative |
staff | 1 1 |
1 1 |
| Gallery assistants Assistant directors |
1 2 |
1 2 |
| COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| fund | funds | funds | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies |
32,944 | 48,023 | 80,967 |
| Charitable activities |
|||
| Other support costs | 5,035 | 5,035 | |
| Investment income |
43,442 | 43,442 | |
| Total | 81,421 | 48,023 | 129,444 |
| EXPENDITURE ON | |||
| Charitable activities |
|||
| Other support costs | 87,586 | 31,367 | 118,953 |
| NET INCOME/(EXPENDITURE) | (6,165) | 16,656 | 10,491 |
| Transfers between funds |
(1,820) | 1,820 | |
| Net movement in funds |
(7,985) | 18,476 | 10,491 |
| RECONCILIATION OF FUNDS |
|||
| Total funds brought forward |
74,100 | 11,949 | 86,049 |
| TOTAL FUNDS CARRIED FORWARD | 66,115 | 30,425 | 96,540 |
| New | Fixtures | ||||
|---|---|---|---|---|---|
| building | Building | and | Computer | ||
| project | alterations | fittings | equipment | Totals | |
| g | |||||
| COST | |||||
| At I April 2020 and | |||||
| 31March 2021 | 186,387 | 4,077 | 40,667 | 18,102 | 249,233 |
| DEPRECIATION | |||||
| At I April 2020 Charge for year |
186,387 | 3,756 32 |
40,350 63 |
18,102 | 248,595 95 |
| At 31 March 2021 | 186,387 | 3,788 | 40,413 | 18,102 | 248,690 |
| NET BOOK VALUE | |||||
| At 31March 2021 | 289 | 254 | 543 | ||
| At 31March 2020 | 321 | 317 | 638 |
| Class ofshare: | holding | ||
|---|---|---|---|
| Ordinary | 100 | ||
| 31.3.21 | 31.3.20 | ||
| Aggregate capital and reserves Loss for the year |
(7,021) (7,122) |
101 |
| 31.3.21 | 31.3.20 | |||||
|---|---|---|---|---|---|---|
| Amount | due | from | subsidiary | company | 7,855 | |
| Prepayments | and | accrued income | 42 | 25,971 | ||
| 7,897 | 25,971 |
| CREDI | TORS: | AMO | UN | TS FALLING DUE WITHIN | ONE YEAR | |
|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||||
| Trade creditors | 17,530 | 242 | ||||
| Social security | and other | taxes | 1,461 | 3,886 | ||
| VAT | 6,204 | 3,675 | ||||
| Amount | due to | subsidiary | company | 355 | ||
| Accruals | and deferred | income | 12,710 | 2,750 | ||
| 37,905 | 10,908 |
| 31.3.21 | 31.3.20 | |||
|---|---|---|---|---|
| Within | one | year | 18,276 |
| 31.3.21 | 31.3.20 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| fund | funds | funds | funds | |
| g | ||||
| Fixed assets | 543 | 543 | 638 | |
| Investments | I | I | I | |
| Current assets Current liabilities |
104,822 (37,905) |
47,968 | 152,790 (37,905) |
106,809 (10,908) |
| 67,461 | 47,968 | 115,429 | 96,540 |
| MOVEMENT IN FUNDS | |||||
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At 1.4.20 | in funds | 31.3.21 | |||
| Unrestricted funds |
|||||
| General fund |
66,116 | 1,345 | 67,461 | ||
| Restricted funds |
|||||
| The Cadent Foundation Rathbone Trust Skelton Bounty Price Parry Charitable Trust Frohlich Estate Award Art Fund Arts Council Making Moves LCVS Community Impact Fund |
250 846 2,000 25,500 1,828 |
12,000 (250) (846) (1,000) 5,640 2,000 |
12,000 1,000 25,500 1,828 5,640 2,000 |
||
| 30,424 | 17,544 | 47,968 | |||
| TOTAL FUNDS | 96,540 | 18,889 | 115,429 | ||
| Net movement in funds, included |
in the above are as follows: | ||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 70,785 | (69,440) | 1,345 | ||
| Restricted funds |
|||||
| The Cadent Foundation Rathbone Trust Skelton Bounty Price Parry Charitable Trust National Lottery Community Fund Arts Council Recovery Grant Arts Council Making Moves LCVS Community Impact Fund Voucher scheme - donations |
12,000 4,840 47,127 15,000 2,000 1,370 |
(250) (846) (1,000) (4,840) (47,127) (9,360) (1,370) |
12,000 (250) (846) (1,000) 5,640 2,000 |
||
| 82,337 | (64,793) | 17,544 | |||
| TOTAL FUNDS | 153,122 | (134,233) | 18,889 |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.4.19 | in funds | funds | 31.3.20 | ||
| Unrestricted funds |
|||||
| General fund |
74,100 | (6,164) | (1,820) | 66,116 | |
| Restricted funds | |||||
| PH Holt Trust | (1,820) | 1,820 | |||
| Foyle Foundation | 7,500 | (7,500) | |||
| Duchy ofLancaster | 449 | (449) | |||
| Rathbone Trust |
2,000 | (1,750) | 250 | ||
| Skelton Bounty | 2,000 | (1,154) | 846 | ||
| Price Parry Charitable | Trust | 2,000 | 2,000 | ||
| Frohlich Estate Award | 25,500 | 25,500 | |||
| Art Fund | 1,828 | 1,828 | |||
| 11,949 | 16,655 | 1,820 | 30,424 | ||
| TOTAL FUNDS | 86,049 | 10,491 | 96,540 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 81,421 | (87,585) | (6,164) | ||
| Restricted funds |
|||||
| RLBHUT | |||||
| PH Holt Trust | 4,000 | (4,000) | |||
| Foyle Foundation | (1,820) | (1,820) | |||
| Walton NHS Trust Duchy ofLancaster |
2,500 | (7,500) (2,500) |
(7,500) | ||
| Rathbone Trust |
(449) | (449) | |||
| Skelton Bounty Goldsmiths Liverpool Hope University |
-CERI | 6,240 | (1,750) (1,154) (6,240) |
(1,750) (1,154) |
|
| Project Price Parry Charitable Frohlich Estate Award Merseycare NHS Art Fund |
Trust | 3,024 2,000 25,500 2,000 2,759 |
(3,024) (2,000) (93I) |
2,000 25,500 1,828 |
|
| 48,023 | (31,368) | 16,655 | |||
| TOTAL FUNDS | 129,444 | (118,953) | 10,491 |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| At 1.4.19 | movement in funds |
between funds |
At 31.3.21 |
||
| Unrestricted funds |
|||||
| General fund | 74,100 | (4,819) | (1,820) | 67,461 | |
| Restricted funds |
|||||
| PH Holt Trust | |||||
| Foyle Foundation Duchy ofLancaster The Cadent Foundation Rathbone Trust Skelton Bounty Price Parry Charitable Frohlich Estate Award Art Fund |
Trust | 7,500 449 2,000 2,000 |
(1,820) (7,500) (449) 12,000 (2,000) (2,000) 1,000 25,500 |
1,820 | 12,000 1,000 25,500 |
| Arts Council Making Moves LCVS Community Impact Fund |
1,828 5,640 2,000 |
1,828 5,640 2,000 |
|||
| 11,949 | 34,199 | 1,820 | 47,968 | ||
| TOTAL FUNDS | 86,049 | 29,380 | 115,429 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General fund |
152,206 | (157,025) | (4,819) | |
| Restricted funds |
||||
| RLBHUT PH Holt Trust Foyle Foundation Walton NHS Trust Duchy ofLancaster The Cadent Foundation Rathbone Trust Skelton Bounty Goldsmiths Liverpool Hope University |
-CERI | 4,000 2,500 12,000 6,240 |
(4,000) (1,820) (7,500) (2,500) (449) (2,000) (2,000) (6,240) |
(1,820) (7,500) (449) 12,000 (2,000) (2,000) |
| project Price Parry Charitable Trust Frohlich Estate Award Merseycare NHS Art Fund National Lottery Community Fund Arts Council Recovery Grant Arts Council Making Moves LCVS Community Impact Fund Voucher scheme -donations |
3,024 2,000 25,500 2,000 2,759 4,840 47,127 15,000 2,000 1,370 |
(3,024) (1,000) (2,000) (93I) (4,840) (47,127) (9,360) (1,370) |
1,000 25,500 1,828 5,640 2,000 |
|
| 130,360 | (96,161) | 34,199 | ||
| TOTAL FUNDS | 282,566 | (253,186) | 29,380 | |
| Art Fund: Funding I'or a research project. |
| 31.3.21 | 31.3.20 | |
|---|---|---|
| INCOME AND ENDOWMENTS | ||
| Donations and legacies |
||
| Donations | ||
| Grants | 2,719 | 2,599 |
| Subscriptions Other income |
127,583 2,331 |
73,851 3,370 |
| 1,147 | ||
| 132,633 | 80,967 | |
| Investment income |
||
| GIA aid payment due from subsidiary |
||
| company | ||
| Rent received from subsidiary Deposit account interest |
20,387 | 11,434 31,603 |
| 102 | 405 | |
| 20,489 | 43,442 | |
| Charitable activities |
||
| Workshops and Lectures |
||
| 5,035 | ||
| Total incoming resources |
153,122 | 129,444 |
| EXPENDITURE | ||
| Support costs | ||
| Management | ||
| Salaries | ||
| Job Retention Scheme grant element |
34,099 | 36,549 |
| transferred to subsidiary Pensions |
27,850 | |
| Recharge ofrunning costs from subsidiary Rent and service charge Computer support and website Accountancy Accountancy -other services Carried forward |
3,119 6,469 40,774 9,360 2,750 1,140 |
3,152 6,003 39,503 2,750 170 |
| 125,561 | 88,127 |
| 31.3.21 | 31.3.20 | ||
|---|---|---|---|
| Management | |||
| Brought forward | |||
| Sundries | 125,561 | 88,127 | |
| Exhibition costs | 1,999 | 1,004 | |
| Outreach project costs | 163 | 11,224 | |
| Improvements Fixtures and |
to property fittings |
6,326 32 |
18,373 36 |
| Computer equipment |
63 | 79 | |
| I | |||
| 134,144 | 118,844 | ||
| Finance | |||
| Bank charges | |||
| 89 | 109 | ||
| Total resources | expended | ||
| 134,233 | 118,953 | ||
| Net income | |||
| 18,889 | 10,491 |