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2021-03-31-accounts

Page
Report ofthe Trustees
Independent
Examiner's
Statement 12
Statement of Financial Activities 14
Balance Sheet 15
Notes to the Accounts 16to 29
Detailed Statement of Financial Activities 30

2021 2020
Unrestricted
funds
Restricted
funds
Total Total
Income
Income from generated
funds
Donations
and legacies
2,012 2,012 32,768
Income from Investments 320
Income from charitable
activities
288,926 185,962 474,888 423,017
Total Income and endowments 290,938 185,962 476,900 456,105
Expenses
Costs ofgenerating
funds
Expenditure
on Charitable
activities 274,765 185,962 460,727 451,267
Total Expenses 274,765 185,962 460,727 451,267
Net gains on investments
Net Income 16,173 16,173 4,838
Gains/(losses)
on revaluation
offixed assests
Net movement
in funds:
Net income for the year 16,173 16,173 4,838
Total funds brought
forward
99,086 99,086 94,248
Net funds carried forward 115,259 115,259 99,086

BALANCE SH EET AT 31/03/2021
2021 2020
Notes
FIXEDASSETS
Tangible assets 1,465 2,638
CURRENT ASSETS
Debtors (amounts falling due within one year) 35,983 38,152
Cash at bank and in hand 158,460 135,453
194,443 173,605
CREDITORS: Amounts falling due within one year 80,649 77,157
NET CURRENT ASSETS 113,794 96,448
TOTAL ASSETS LESSCURRENT LIABILITIES 115,259 99,086
RESERVES
Unrestricted
funds
General
fund
84,586 84,586
Designated
funds
30,673 f4,500
115,259 99,086

2.DIRECTORS AND E MPLOYEE S S
Particulars
ofemployees
(including directors) are shown below:
Employee costs during the year amounted to: 2021 2020
Wages and salaries 189,530 190,9'/2
Social security costs 13,585 14,061
Pension costs 4,397 4,273
207,512 209,246

2021 2020
4,397 4,273
4,397 4,273

4.TANGIBLE FIXEDASSETS
Plant and
Machinery Total
f f
Cost
At 01/04/2020 22,571 22,571
At 31/03/2021 22,571 22,571
Depreciation
At 01/04/2020 19,933 19,933
For the year 1,173 1,173
At 31/03/2021 21,106 21,106
Net Book Amounts
At 31/03/2021 1,465 1,465
At 31/03/2020 2,638 2,638
5.DEBTORS 2021
f
2020f
Amounts
falling due within one year:
Trade debtors 8,451 f4,657
Other debtors 27,532 23,495
35,983 38,152

6.CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR
2021 2020
Trade creditors 19,794 8,837
Taxation and social security 4,977 4,645
Other creditors 55,878 63,675
80,649 77,157

Brought
forward
Incoming
resources
resources Transfers Carried
forward
F F
General fund 84,586 290,938 (274,765) (16,173) 84,586
Designated Creative Reserve Fund 14,500 14,500
Designated Organisational Fund 16,173 16,173
99,086 290,938 (274,765) 115,259

Brought
forward
Incoming
resources
Outgoing
resources
Transfers Carried
forward
Backstage Trust 2,500 (2,500)
Foyle Foundation 12,500 (12,500)
LCVS 870 (870)
BBCChildren in Need 38,420 (38,420)
Paul Hamlyn Foundation 95,746 (95,746)
Go See Fund 100 (100)
Wellcome Trust 16,000 (16,000)
Idlewild
Trust
3,000 (3,000)
Liverpool
City
Council CAIP 16,826 (16,826)
185,962 (185,962)

2021 2020
Sundry Grants and Donations 2,012 32,768
Investment
Income: Bank Interest
320
Charitable
Activities
Arts Council England NPO 215,804 211,905
Restricted
Project Grants - note to accounts
185,962 152,120
Theatre Relief Claim 8,339 14,345
Participation
Income
1,865
Partner Contributions 27,477 18,318
Earned Income 1,400 11,871
Liverpool
City Council Covid Funding
10,000
Granada
Foundation
Covid Grant 2,000
CJRS Grants 3,591
John Ellerman
Foundation
18,925
Other Income 1,390 12,593
474,888 423,017
Total Incoming Resources 476,900 456,105

2021 2020
Direct Charitable Expenditure
Other Direct Project Costs 194,043 224,000
Support Costs 1,903
Administration 28,720 13,564
Finance Costs 30 130
Marketing 9,476 13,094
Premises Costs 8,598 8,396
Staff Costs 214,592 191,021
457,362 448,205
Governance
Costs
Accountancy 2,400 2,400
Board Expenses 965 662
3,365 3,062
Total Resources Expended 460,727 451,267

Unrestricted Restricted Total
Funds Funds Funds
Tangible Fixed Assets 1,465 1,465
Net Current Assets 113,794 113,794
115,259 115,259