f the Directo Unaudited F. ial Sts*ments f , Kent Fi Re
Kent Film Fcwndation Limited istere No 1138581 Contents of the F. ¢ial Stsiements for the Year Ended 31 March 2021 Pag¢ Compony Infornwtion R¢p)rt of the Directors Income Statement BI1¢¢ Sheet Note8 io the Finala1 Stskments Report of the Accotsntants Detailed Income and Expellth'fte AC¢(Nl
Kent Fi]m Foundation Limited is No 11385 forthey 31 March2 DIRECTORS: Ms J txmn N Shepherd E Gregory F Wal]ace SECRETARY: REGISTERED OFFICE: 22 Grgn8e Road RaTMgate K¢ni CTII 9LR REGISTERED NUMBER: 07274484 (En8latyJ and Wal¢s) ACCOUNTANTS: Adtam A¢wuntancy Service8 22 Grange Road Ramsgate crii 9LIi Page I
Kent Fi]m Foundation Limi't istered Chari No 1138581 rt f the DItOrS for the Year Ended 31 March 2021 Th¢ directors present their rewrt witb the fClaI statements of the company for the year ended 31 Mah 2021. PRINCIPAL ACTIVITY The principal activity of the comw)y iti the >taT undeT review w&$ that of the provision of Cultural and Artistic Education to disadvantsged yOUD8Sth. This Lin)ited Company is a Regis*red Clwity (No.. 1138581) The directors Sho below have beld office during th¢ wlh)le of the pttiod from l Apnl 2020 to the date of this report. Ms J Dunn N Shepherd E Gregory F Wallace Thi6 report be¢n prepored in aCcordat with the PTovisions of Part 15 of tbe CompaD1 A¢¢ 2006 relating to small ON BEHALF OF THE BOARD.. E GreBOry- D]re¢r 15 Decemlxr 2021 Page 2
Kent Film Foundation LitDiieJJ Re istered Chari No 1138581 c¢)me Staternellt for the Year Ended J l March 202 31.3.21 31.3.20 Notes TURNOVER 40.356 52.983 Cosi of S¢8 24.632 29,632 GROSS SURPLUS 15.724 23,351 9.471 12.407 OPERATING SURPLUS 6.253 10,944 Interesi payable and similar ¢xpeoryes 107 SURPLUS BEFORE TAXATION 6.248 10,837 Tax on SUTpIw$ SURPLUS FOR THE FINANCIAL YEAR 6.248 10,837 The Th)tes fonn p#rt of th&qe fi]wla] staten)ents Page 3
Kent Film Foundation LIiled istered ChaTi No 1138581 number. 0727H84 Balan 31 March 2021 31.3.21 31.3.20 Not¢s FIXED ASSETS Tangible assets 8.950 3.550 CURRENT $SETs Debtors Cash at bank al in ld 30.275 17.309 30.943 18.149 CREDITORS Amounts falling due within one ye 1,940 594 NET CURRENT ASSETS 29.rK13 17,555 TOTAL ASSETS LESS CURRENT LIABILITIES 37.953 21.105 CREDITORS Amounts falling du¢ Afi¢r moTe one 10 10.6 NET ASSETS 27.353 21,105 RESERVES Income and expendiiure •¢¢oun¢ 27.353 21,105 27,353 21,105 The company is entitled to exenwtion from audit under SeetioD 477 of the Companies Act 2006 for the year ended 31 March2021. The member5 have not required the conwany to obtsin an audit of its fJn8nciAI $ta*m¢rtts for the yeaT ended 31 March 2021 in CordanCe wlth Sectiott 476 of th¢ COMEnI¢S Act 2(Kl6. The directors acknowledge their r¢spotLsibilities for. la) eJksurin8 that the ¢ompany keeps accouniiD8 records 1¢h ¢onwly with SectioTh8 386 and 387 of th¢ Cornpanies Act 2006 artd {b) preparing fuwKial sthtements th]Ch give a tnae and fair view of the state of affair5 of the Company as ai the end of each financial year and of its Surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which Otherw cornply with the requirements of Compani¢s Act 2006 relating io fmancial statements. so far 8pplithle ¢0 the rnpary. The financial statements have be¢n prepAred in XCOTd8nce with the provisions applible to companie5 subject to the small companies rerne. The fuwKial statetnents were approved by the BoaTd of DirectoJ¥ and authorised for tssue on 15 December 2021 and were sigued on Èts behalf by: E Gre80ry. Director The notes form p8rt of thex fin8ncial sthtements Page 4
Kent Film Foundation Limited istered Chari No 11385 NO to the FiDan¢ial Statements ¢ Year Ended 31 March 2021 STATUTORY INFORMATION Kent Film FoundatlOD Limit 1.4 a pnvate company. limited by guaT8ntee, registered tn England and Wales. The con1pall$ registered number and reglsrered offiee addre ean found on the Company Inforniation page. ACCOUNTING POLICIES Basls of prtparillg the financil ststements These fiDancial staiements haye bccn preparcd in accordan¢e with FinwKial Reporting Standard 102 "The Finaticial Reporting Sthndard applicablc in the UK and Republic of Ireland" includin8 the provisiorLS of Sli0n IA "Small Entsties" and tbe compani A¢1 2(M)6. The financial statements have t¢n prepared under the historical cost convention. Trn0ver Tumover ts tne&sur¢d at the fair value of the cotisiderntion rwxiv¢d or rcl¥able, excluding dis¢ounts. rebat value added tax and other sales thxe& Tanglble Ilxed assets Depreciation is provided at the following annual ra iti order write off each asset over its estimat¢d useful life. Equipment Compuier equipment 15% on rryJu¢ing balance 15% on Teducin8 baithKe EMPLOYEES AND DIRECTORS The avera8e number of employees durllJ8 the Itar was NIL (2020- NIL). OPEIL4TING SURPLUS The OP¢rn¢ing surplus is staled after charging.. 31.3.21 31.3.20 Depreciation. owTred 1.013 626 TAXATION This company is a regisiered charity. It relies entirely on 8r8nts attd donations etc in order to provide essential scrviees to disadvantsBed youn8 people. to h¢lp them to build &*)fidence and s¢lf- este¢m. There is therefore no Corporntion Tax due. Grants r¢¢¢iv¢d in the year were SIlf1¢a01 ond irKluded a specific grant from th¢ Colyer-Fergusson Trust of £19,200 to be used for Film Mentorin& The balance on Reserves of £27J53 will be Carried fornvard w be ioward8 activits.es in the tollowing year. RELATED PARTY TRANSACTIOI%S Jan Dunn is a diTector. Sbe received £17.tKM) by of AeSSary Consultancy Fees in the yEar. Page 5 continued...
Kent Fi]rn Foundation Limited istered Chari No 1138581 Notes to tbe Financial Stsiements- contin1 for the Year Ended 31 March 2021 TANGIBLE FIXED A&SETS Computer EQUIpn ¢quipnMt Totsls COST At l Apnl 2020 Additio 11,134 5.714 2,409 699 13,543 6,413 At 31 March 2021 16.848 3,108 19,956 DEPRECIATION At l April 2020 Charge for yr 9,145 727 9.993 1,013 286 Ai 31 March 2021 9.872 1.134 I l.(K)6 NET BOOK VALUE At 31 March 2021 6.976 1.974 8,950 At 31 March 2020 .989 .561 3,550 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.21 31.3.20 Other debtors Pr¢payrnents 120 548 668 CREDITORS: AMOUIYTS FALLING DUE WITHIN ONE YEAR 31.3.21 31.3.20 Bat]k loats and oyerdrafis Accrued expeALses 1,400 540 594 1.940 594 10. CREDrroRS: AMOUNTS FALLING DUE AFTER MORE THAIY ONE YEAR 31.3.21 31.3.20 Bounce-Back Loan BounGc-Back Loa Bounce-Ba¢k Loan 2,400 7200 1,000 10.600 Amounts falling due in more than five years: liepaydble by instshnet)ts Boue-BaCk IA)an Page 6 continued...
Kent Ftlm Foundation Limited Re istered Cljari No 1138581 t to the Financial Siatements- for the Year Ended 31 March 2021 RESERVLS The Aceulnulated Fund8 L4 at 31st March 2021 totalled £27J53 8nd is repr¢s¢nted by.. Restricted Fund8- £17.620 and Unrestrictrd Funds- £ 9,733. Page 7
Keni Film Foundation LiEDited istered Chari No 1138581 rt of the Ac¢ountsllts to the D. Keni Fi]m Foundation LirDi As described on the Balance Sheet you responsil)le foT the prep*ation of the finAncial sratrments for the year ended 31 March 2021 set out QD pages three kn seven and you eotLsider that the company is exempt from #n audil. In accordance with YOUT instrucuorts. bave compiled these unaudiied financial gtatements in order to assist you to fulfil your sthwtory respctDsQJih'tie4 from the accouotsn8 reeords and infOrntiOn and explanaiiotis supplied to us. Adlam A¢eoutttancy Services 22 Grange Road Ramsgate Kent CTII 9LR T'S pa8e does noi fom] part of the statutory fill181 slatements Page 8
ent Fi]m Foun istered tithj Limited No 1138581 come al Ex enditure Account the Year Ended 31 March 2021 31.3.21 31.3.20 Turnover GTants for restricted use Other Grantts. received Donations & FulldraistnE ItKom¢ T[ Business Support Grknt 19200 iO.IN)O 1.156 io.fy)o 40.360 11.880 743 40J56 52,983 Cost of s#le• Workshops Consultancy Other Profe&8iona] Servic&s Outings Mi&c¢llaneous Exp¢nse8 Equipment for needy members 4.655 17,2NJ 2,595 110 72 9,290 10.050 5,927 2,730 635 24.632 29.632 GROSS SURPLUS 15.724 23,351 Expendlturt Rent & Rates Property Insurance Light and heat Storage costs Removal fTom premiges ¢05ts Telephone Prin¢in8, Post & stationery Travelling Cornputer Expensts Internei & Website Expenses Licences and insurance Business Meetings Protective Personal Equipment Sundry expenses Accountan¢y SuttscriptioAs Dcpr¢¢ta¢ion of tattgible red a Equipment Compuier cquipmeni Grants f(Trr Cinema Work¢ Hardship Grants 551 275 72 908 985 657 380 20 496 5,845 301 297 1.155 489 902 320 815 641 209 58 35 540 267 594 62 727 286 991 71JJ 351 275 9.471 12,407 6253 10,944 Flnallet ¢ost8 Bank Charges Finance Charges 107 NET SURPLUS 6248 10,837 This page does not forni part of the $thl0ry finatKiai ststements Page 9
.i?Iili' N31ne Kent film Found3lion Ltd Chaiily No 1138581 Annual accounts for the eriod CC39a PeriLMI end date start date 0110412020 3110312021 Section A Statement of financial activities Restricted Vnr¢$tricled Inm? fund* fund Descriptions by natural cat•g0ry Endowment Totsl thls funds year Totsl last year Incomlng rnsourcos (N¢)ts 3) Grants from Colyer- Fergusson Grant from Henry Smith Charity Other grants received Donations Business Support Grant from TDC F01 F02 F03 F04 F05 19.2(h) 19,200 40,360 9,000 1.000 1.156 1,000 1,156 11.880 743 10.000 10,000 40.356 Total Incomlng resourc s01 Resources expended (Notss 4-7) Workshops Consultancy Equipment for needy members Other Professional SeNces Oulings Miscellaneous Expenses Property Expenses Office Expenses Travelling Expenses Hardship Grants Accountancy Flnance Charges Depreciation Total resources expended s02 Net IoMIng1{0UtgQ1ng) resources beforn transfers s03 12,156 28,200 52.983 4.655 17,200 4,655 17.200 9,290 10.050 2,595 110 72 1.806 1.350 2.595 110 130 1,806 4,343 20 5.927 2.730 635 6.443 3,842 902 58 2.993 20 1,691 540 540 594 107 1,013 1,013 34.108 626 4,629 29.479 42,146 7.527 1,279 6,248 10,837 Gmss transfers belween funds S04 Net IomIng110(qoAnqj resouyces bofore other re¢ognlsed galnrflosses) s05 7.527 1,279 6,248 10,837 Othor recognisgd gainsl(losses) Gains and losses on revaluation of fixed assets for the charity's own use Galns and losses on investrnent assets S07 Net movement In funds s08 7.527 1,279 6,248 21.10, 10,;37 Total funds brought forward 2.206 18.899 CC178 IExcell
Total funds Caed lonvarnl $10 9.733 17.620 27,353 21,105 CC17a IExcel) Q610112022
Section B Balance sheet Total this y Total last Fixed assets Tangible assets F01 F02 (Nolo 8) 8,950 3,550 Investments (Note 9) Total flxed assfrts 3,550 Current assets Stock and work In progrn$$ Debtorn (Note 101 Ishort terni) Investments Ch at bank and In hand 668 17,309 18,149 Total current assets 30.9 Credilors: amounts falllng due wlthln ono y•ir {Not• 11) 810 1.940 594 N•t ¢urren¢ asse¢s/(Ilabllltl•s) B11 17,555 Total assets less curnnt Ilabllltl•s B12 37,953 21,105 Crodltors: amounts falllng duo aft•r one year (Noto 111 Provlslons for Ilabllltles and charg08 813 10.600 B14 Net assets BIS 21,105 Funds of the Charity Unrestrfct•d funds Deslgnated funds Total unrestrfctad funds Rostrictod income funds (Note 121 Endowment funds (Note 121 818 9,733 6,451 B17 9,733 17.620 6,451 818 27,556 Tofal fvnds 7,353 21.105 Signed by one or trustees on baham of all the Iru5tees
ignature Datè of approval CC17a (Excell 0610112022
Section C Notes to the accounts Nol8 1 Bas1$ of preparallon This section should ¢ompl•ted by all charitlos. 1.1 Bas1¥ of accountlng These ac¢oun15 have been prgpared on the basis of hlstoric cost (except that Investments are sh¢)wn al market V81uel in accordance with.. . Accountlng and Reporbng by Charits'8s- Statement of Reccwnmgnded Practicg ISORP 20051: and wlth. Accounung Stsndards: Financial Reporllng St8ndards for Smallef EnteriSeS {FRSSEI', or and wlth Ihe Charities Atl. Glv• detalls In thls box Ma dlff6r8nt st&ndard has been followed. -Tlck ¥¥ appropdate.. all relevant dlsclosurns In lh¢ h8ve been gfven Ih8n pW• tK*'Accounlng Standards.: rf disclosures comty8t•d in these accovnls have rnstriCt to Ih)80 rooulr&J by the FRSSE, ltten ploJ8e tlck 'Fln•nci81 Reportlng Standards lor Smaller Enterprisos IFRSSE}-. 1.2 Change in basls of accountlng There has been no chan98 to Ihe aCCCMJnllng pollcles Ivaluauon rules and methods of acyounongl slnce last year Glv• details In thls box olany mat•nlal chang•$ thal have been made. 1.3 Changes to pr•vlou$ accounts No changes have been made to a¢xounts for previous years Givo dolall$ In thi$ box of any materlal chang•$ that have ljoen made. CC17a (E1} oe401r2022
Section C Notes to the accounts Icontl Note 2 Accounting policies Thls stand•rd Ilst of Kcountinp poli¢ies has ljeen applled by the ¢TIty except for th deldod. Whern a dlfferènt 4ddltlonalpollcy has be adopt then thls Is detall•d In th8 box b•lt)W. INCOMING RESOURCES Recognitbon of incomlng resources Thw 8r8 luded in th8 Slatement of AkXivI ISOFAI vkn: the trustees are v1rlua1 eertain they wll the resources. ar tl rn18ry value be me8sured with 5uffioent 19brtY. Where inCling resources have rdated expandrtur& las wrth fuThJralsirKJ or ¢ontra¢t Income) the InC4)mw resourc and rnlated &yrwJiture are repL¥t8d gr055 in th8 SOFA Grants and donab.ons ar¥ in thg SOFA vthen the charity has uncondklonol Incomlng r•ourc•s wlth related •xYndlr• Grants and donatbon¥ Tax r•clalm• on donatlons and 91ft8 Contractual Ineom• •nd p•rformanc• r•lat•d grants IrmmiThJ resrCeS from tax redalms in th& SOFA 8¢ sam& tlme 88 thè gTh to ich they rdate. This is orY irSUdJ in th¢ SOFA owKe gc5 or services havo b88n dallv&r8d. Glftl In klnd Gffts in knd are nI•d al 8 (gaSOna oslfim8t¢ of their valuo to tho ¢h8rfty OT the amouni aciualy realls8d. Grfts in kind for Sa OT thstrdxrtion ¥r¢ MKKKl8d in OUnts as glfts only whan sold or distributed by Ihe charity. Grfts in kind for thg chaiity ir¢1 In th• SOFA •$ Incoming rèsources vthen rocwabla. Th¢s& ar¢ onty Indd kn kncrynirg reSouS Ivhth an 8quNalant amount In rasour¢o8 oxpendodl whgre the benefft io the charlty Is reasonably quantffiabla, mèasurabl& and m8leri81. The value placed these resources is the èstimatèd valua to th& ¢harlly of the $8Mc• or fadlty red. Tha valua ol any voluntary fr1p 18 not IrKlud8d In the ac¢rwJnt8 bui18 d8scrib8d In t truslg9$' onnual rert. Oonat•d •rvI¥ •nd Volunt••r h•lp Inw•tm•nt Incorn• Is IrKlud•J In tha wblo. InN¥•lm•nt galn• and l¢•M• Thls IrUd•S any 9aM) or bss on Sab cl h)vestmenls and any galn or loss rasLlting Irom revaluing investmerts lo markèt vaJL at tho ond of tho yoar. EXPENDITURE AND LIABILITIES Uablllty r•cognltlon Liabilits ar$ re(x)9niwl as soon as there IB a ltyal oro)nstrlt8 obllg8tlon Commrtting th h8rity lo pay wt resources. Where the charity gNes a granl Mth conditK)ns lor its payrnent being 8 speryfic Ve1 of service or outwrt to te prov•Jed. such grants aro recojnised in the SOFA once the recipient ol th& Grants wlth wrfxma• condltlon• Grant8 payobl• wltho perforn)anc• candltl¢n$ Thes8 ar& onty rwnised in the 8¢1y)unts 8 cKmmitment has been made and th&r8 8r¥ no ¢orKJititylS lo be met relairy io the Gwant rnmgin In tho ¢ontrd of thg charfty. ASSETS Tangible flx•d ••Mts for u8• These are capita1¢5ed rf W can ba us8d for mors than >ar, and tsjst at $t £500. They by ch•rlty are valued at cosl or a SOnale value on rlPl. Invèltmgnts In¥es¢ments quoted on a reccxJnisad sl(x extharoe are value(l at rnaet value 8t the ypar end. Oiher irfyestment assets are Induded 8t trustees. bost eslirn819 of rnorket value. Stocks and work Én progrn88 Tlw a vahtsj ai thg kther ol cosi or market valL. POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE CC178 (Ex) 061011222
Section C Notès to the accounts Icontl Noto 3 Analysls of Incoming resour¢gs IornIng resources may b• lurthor•natys8d rfthis help the rMderolthe aceounts. Unr•strfet•d r•stri¢tod Thls yaar Last year Totsl Totsl Tot•1 Total Total To¢•l Totsl CC17a IEXCAI 06101r2022
Section C Notes to the accounts Icontl Nole 4 Analysls of resources expended R•sources •xp•ndod may be further analys W thls would h•lp the reader of tho ac¢ounts. Unr•strlcted r•8trict•d Th1$ year Last y¢ar Analjryls Prop•rty Expens•s Rent & Rates Pro Insurance ht & Heal Stora e Costs 551 275 72 908 551 275 72 908 5.845 301 297 Totsl Offico Expons•$ Tele hone Post, Printin & Statlona Business Meelin Computer & Webslle Ex enses Insurance Remval from premises ex enses Subscri lions Synd Ex nses 657 657 380 1.155 489 209 971 365 1.338 683 1,135 985 985 267 35 267 35 82 151 Totsl Total Total CC17a (Excdl W0112022
Section C Notes to the accounts {cont} Note 5 Delalls of rtaIn Ilams of expendlture 5.1 Trusteo exp¢n¥•• Ple•$o pmvide detalls of lh• amount of anyp•yment orrnlmburswn•nt of out•of•po¢k•t expens•$ m•d• to Irusteos or to thlrd parti•s for expenses Incurred by tmstees. If no expenses warn pald. pl••$• ¢nt•r'Non•' In th• •ppmprt•t• box(esJ. Th1• yo8r Last yoar Number •f tru$t•es who worn pald •xpen Natur• of the pOnS T¢t•l amount pald 5.2 Fees for txamln•tlon or audft of th• a¢¢ounts Pl•&s• provlde d•f&lls of the amount pald for any statutory •xtern•l $¢nrtlny of accounts •nd oth•r serylus pmvlded by your Ind•p•nd•nt •xamln¢r oraudltor. Mnolhlng was p•ldplea$e •rtt•r NONE In the appmprlate box{es). Th1• y••r L•$t yoar Ind¢pond•nt •xamln•V8 or •udltors' f••s for i•portlng on the •¢¢ount8 Other f* (for •xample: advl¢e, consuli•ncy. a¢UnnCY ••rvlu$l pald to th• Independ•nt •xamln•r or audltor CC17a (Excdl 0610112022
Section C Note5 to the accounts Icontl Noto 6 Pald employeos Pleau Complete thls note If the charfty h•$ •ny •mploye•s. 6.18taff Costs This y•ar Last yoar Gross w•gM, *alarlM and beneffts In klnd Employer's Nat5onal Insuranu Pan$lon Costs Total •taff 6.2 Av•rago numb•r of full.tSm• oqulv•l•nt •MplOy• In th• y••r The parts of th• ch•rlty In whl¢h th• •mployeo8 work Thth y•ar Numb•r L•8t y•ar Numb•r Totsl 6.3 D•fin•d eontrfbutlon p•n$lon sch•m• Ple•$e complele Ifa d•fin•d ¢ontn'bution Brl•f d•tail• of th• •ch•m• sion scheme Is Th1• y•ar L•st yoar Th• totyts of th• •chem• to th• eharltyfor th• am4)unt of cwtrlbullon• l•l•ndIng at th• •rtd amount of any ¢ontrllxAlons prnpakl at th• ar •Thl CC17a (Excdl (K10112022
Section C Notes to the accounts (cont> Note7 Grantmaking Ple•se complete this note if thg charlty made any grnnts or donatlons whlch In aggregate fomi o materfal part of the Gharitable actlvftles undèrtaken. 7.1 Total value of grants Grants to Institutions Total amount Grants to SndSvlduals Total amount Pur os¢ for whlch grant8 mado Totsl 7.2Grants mad• to In8tltutlons If the charlty has made grnnts to partlcular Instltutlons that are materfal In th• context of Its grantmaklnq pleasè give detalls of the institution Supported. purpose the grant •nd total pald to each Instltutlon Ilsted. Sufficient Inlomiatlon should be glven to pmylde a rnasonable understanding of the ran9• or Instltutlons su orted. Total amount of grants pald Namos of instltutlons Purpose Total grants to Insututlons CC17a {Excell 0610112022
Section C Notes to the accounts Icontl Note8 Tangible fixed assets Please ¢omplote th1$ not¢ rf the charity has any eangible fixedassets 8.1 Cost or valuation Freehold land & bulldln Oth•r land & IlIdIng8 Plan( maehinory and motor byhlcles Flxturts, fltungs and •qulpm¢nt Pants arxount and a•s•ts und•r constructlon Total Balance brought forward Additions 13.543 13.543 6,413 6.413 Revalu8t6ons Dlsposals Transfers Balance rrie forward 19.958 19.956 8.2 Accumulatod deproclatlon and Impalrnnt provl$lo a•1• SL¢yRB SLorR8 SLRB RB SLorRB R*t• 15% Balance brouohl forward Depreciallon charge for year Impalrmenl provisions 9,993 9,993 1,013 1.013 Revaluations DIspo881s Translers. Balance corrled forward 11,006 11,006 8.3 Not book v•lu• Brought forward Carrfed forwar 3.550 8.950 3,550 8.950 8.4 Revaluation Many fixedassets have been r•valuedpleaso glve detalls of Ihe valuor and method of valuatlon ' The Transfers"row is ts movewts belween flxed asset catewie& - Ple8se indicafe the molh¢>Y of deprecIatit by deleting the melh¢>l not 8ppllcable (SL = slraight line.. RB - reducing balance). Also please indicate the rale of depred8&"on.. straight line. wh81 is the 8ntlGipated life of the astsel (in yeors),. tr r9duclng b818nce, what Is the percentage annual deduction. CC17a (EX1) 0610112022
Section C Notes to the accounts Icontl Noto 9 Investment ass•ts Please complete this not• rf the charlty has any Investment assets. g.1 Flxod assets Investments Caryng Imarketl value al beginning of year Add: additions lo inveslmonts al cost Le88: dlsposals at carrwng value Addlld•duct): nel gainlllossl on revaluation Carrwng Imarketl value 81 gnd of year Pl••s• prt)vld• b•low." 9,2 A br•4kdown of th• maTk•t vJlu•s ol Inv•slm•nts ihown abovo agrmlng wlth the balanc• Bhe•t r¢w 803. 9.3 A brgakdown of the Income from Inve¥tm•nts agreelng wlth SOF Analy818 of invostmenls Mark•t valu• at ar •nd Ineomè from nv••tmonts for th• y•af Investment prop•rtlgs Investment8 Il•tod on a r•Gognlsed stock exchange or h•ld Sn common nstment funds, open endod Inve•tm•nt companl••. unlt tru#t• or oth•r collect1 Investmant sch•m•s Inv•stm•nts In subsldlary or conn•ctod undertaklngs and companle8 8ecurltles not118t•d on • r•cognlsod Stock Exchang• Cash held as part of th• Inwstm•nt portfollo Other Inv•8tm•nts Total 9.4 Materlal InsImOn1 holdlngs Ir any investments arè material in ternis of thoSr value (for •xamplo oaGh ropr080nts more than 5 r cent of the value of the charltys total Investments) please provld• d•talls. Mark•t ]4 at ar ènd Investment held Total CC17a IEXCAI 0610112022
Section C Notes to the accounts Icontl Note 10 Debtors and prepayments Ple•se complete thls not• if the charity has any debtors orpw)aym•nt& Analys18 of d•btors iounts falllng du• wlth5n one year Th1$ y•4r L•st y•ar Amounts falllnq duo aft•r more than onè yoar Thls y•ar Last yoar Trad• d•btor• Amounts due from •ub•ldlary and aM¢¢lat•d und•rtaklng8 Oth•r debtors Pr•paymonts and a¢uued Incom• 120.0 548.0 840.0 Total Note 11 Credltors and accruals Pleas• ¢ompl•t• thls nolo 11 th• ¢h4rity has any crndltors orx¢ru•l$. 11.1 Analy818 ol ¢r•dttorn Amounts f811Sng du• wlthln ono y¢•r Th1* y•ar LaBt y•ar Amounts falllng due aft•r more than on• y••r Th18 y•8r Last ygar Loans and 0rdrAfts Trad• ¢r•dltors knounts duo to $ubsldlary and 101•d undortaklngs Oth•r credltor• ¢ruo1• and d•f•rr•d In¢om• 11.600 540 Totsl 11.2 securlty over ass•ts If any lo•n, overdraft or othw ¢rndltorholds • chary• OrOther$rfty ov•r any asvts olth• ¢harfty pl•ase pmvlde d•talls. CC178 (Exeell 0610112022
Section C Notes to the accounts Icontl Note12 Endowment and restricted Income funds Please complete thls sectlon Mlhe ch•rfty h•s any •ndwmgnt (Yr•strtct•dlncom• funds. 12.1 Funds h•ld Please glve a brlef d•8crlptlon of •nyof th• lollowlng of fundts held by tho chrl¢y. permanent endowment lunds {PE}; èxpendable endowmentlunds IEE): and restrbcted Incom8 funds, Includlng spoelal trusts, otth• eh•rlty{Rl. Othgr funds. Fund Nam• Typ• PE. EE. R or oth•r PuYpot• and r•strlctlons 12.2 M0m•nts of major fund• Phas• glv• d•l•lls ollh• mov•m•nts ofth• mwluftds summ•rts•dln IIK rnStrtct•d•nd •ndowm•nt columns of th• St4t•m•ntolFlnancl•l Aetlvltl•& un un balan¢g1 earrl foThv•rd brought forward Incomlng r••our¢•• R••our¢•• •xpond•d Galns and Tr•n•f•r¥ Fund nam Col r Fer Awards for Al U530n Grant Hen Smth Charlt Totsl Funds 20.703 28.2 29.479 19,424 12.3 Transfers belwwn funds PhaJ• qlv• d•l•lls of any lrnn3f•rs belwwn fvnd& From Fund Narr To Fund Nomg R•awn Amount 12.4 Analys1• of not ass•ts b•twwn funds R•¥trtsd funds Endowed lunds Total funds Flxed assets Inv•$trn•nts Net cuTr•nt ass•ts Crfjdltors du• In morn than on• yar and provlslons Totsl net assets 8.950 8,950 783 17.620 18,403 9.733 17.620 27,353 CC178 IEK41 10101r2022
Section C Notes to the accounts (cont) Noto 13 Transactions with related partles If th• charity has any transxtlons wlth r•lat•d partios (other than the twstee •xp•ns•s •XplaIn In note OJ detalls of such transactlons should be provld•d In thls note. If there are no trnnsactlons to report. please enter"None" in the relevant boxes. 13.1 Romun•ratlon and benefits Please glvg the amount ol. and legal authorlty for, any remuneratlon or other beneflts pald to a trustoe or other related partles by the charlty or ony Ins¢ltutlon or company Connect wl¢h IL L¢9al authortty leg order, govemlng documént) Amounts pald or benoflt value Namo of trustee or rnlated party Th18 year Last year Ms J Dunn for necessary consultancy 17000 10050 13.2 Loans Pl•as8 glve detalls of and amount$ owlng ft) or from the chanTVs trusts•$ or other related partles by tho ¢harlty at the year end. Name of trust60 or related party Amount owlng Thls year Last yoar Logal authorfty Due to trustw and r•latod partl•s Due fiom trust••• and rolatod partlo 13.3 Other tran8actlon(s) wlth truslws or related partles Please glve detalls of ttny trnnsactlon undertaken by (or on boh•lf oo the charfty In whlch a tru$t•e or lated paty h•$ a mateflal Inteyest. Name of the trustee or related pa R•latlonshlp to Descrfptlon of tho transaction(51 Th58 yoar Last year CC17a (Exesil 0610112022
Section C Notes to the accounts {cont) Note 14 Additional Disclosures The following are significant matters whlch arn not covered In other notes and need to be Included to provlde a proper understandlng of the accounts. If there is insufficient room here, please add a separate sheet. CC178 {Excel} 0610112022
KENT FILM FOUNDATION End of Year Trustee Report infomation and details of management for the year ended 31st March 2021 and up to filin8 date 2022. Trustees: Emlyn Gre80ry- Chair Francesca wallaCe-TaSUrer Jo Blair Nathan Shepherd Alan Jones Marie Kelty Thomas Rachel Dobson Ne51 Cotymore (currently goin8 through registration process) lan Thomas- resigned Company Re8tstratlon Number 07274484 Charlty Reg15tratlon Number 1138581 Registered OffKe: 22 Grar*e Road, Ramsgate CTII 9LR Governlng Do¢umentatlonl$) Kent Film Foundatlon is a re8iStered charity and a company Ilmited by 8uarantee incorporated at Companies House on 4th June 2010and registered as a charity on 26th October 2010. The organisation wa5 established under a Memornndum of As%)ciation which estsblished the objects and powers of the charitable company and is governed under its Artlcles of AssociatK)n. The company is governed bv a management committee. All Members trusteeship is reviewed each year where they are eligible for re-election or retirement. The organisation was founded by the award winnin8 filmmaker Jan Dunn who remains re8iStered at Companies House as the Person of Sl8nificant Control over seen by the management committee ofthe board of Trustees as approved unanimou51y by all Trustees. Reserves Polky It remalns an aim to achieve and maintsin a level of 'free re5ep•e< over the near future, when at all )ssible. in order to allow the organisation to Continue in operation for a short term in the event of Insufficient funding bid success. Overhead funding remains a priority over project funding. To date the organisation has managed to raise overhead funding and Erant success to enable the regular FREE weekly youth film clubs to run and in order to continue running a number of indrvidual 5hort-term projects each year wtth partner Organisatn$ (either schoo15, charrties or youth organisationsl. However. until we are better plad in a building of our ¢Mn that creates sustainability, raisin8 serve5 remains somewhat problematic but our aim to do so continues.
The consequences of covir>19 coronavlnts (Updated from 2020 trurtee report The charity currendy remains without a pemanent premises but recelved running costs funding from Henry Smith Foundation to contribute towards a new premises. they are aware we are pausing whilst we await the result of our bid to acquire the old Granvllle Theatre and Cinema in Ramsgate town ntre. The donations received for the cinema workers went out from thi5 yearfs accounting period. As mentioned in last yearfs end of year report- Supporting low4ncome cinema workers: One of our partner or8anisations, film comparry Wiolet Pirtures set up an immediate response to COVID- 19 to raise funds for an emer8ency crowdfunding support forcinema workerk htt ofundme.com thwv -uk-cinema-worker-solidarit -fund thls was some time before the government annoUnd support for staff from cinemas. Trustees of Kent Film Foundation agreed to act as distribvtorfor the fvnds raised. Every penny was given to those in 8enuine need who approached the fund. £1050 was ralsed and transferred directly to the Kent Film Foundatlon communty account and after deductions from the mana8in8 website, GoFundMe, ICQ% was 8iven out to applicants. Thls expendlture Ims run over from end of financial year 201912020 to the beglnning of the financial year 202012021. Each accepted applicant was 8Nen approximately £75 in emer8ency grant payments. The applicants were verified by James Collie from Vbolet Pictures who is In a position to confirm any applicanys 8enuine Soss of cinema income. Actl¥ltles and Obl¢ctlves The alms and objectives of the organisation remain the same. To use film and arts related programmes to bulld confidence and self-esteem where there has been none and to engage with youth who have become disenfranchised or may have been excluded from the ex15tin8 State school system. To enhance Ilfe prospects of chIldn partkularly In Thanet and also the wlder South East Kent area that may be limited by home life. deprivatlon or by p)verty of opportunlty. To also help to advance the opportunities of talented young people tooklng towards arts or media careers in the widest sense yet suffer from a poverty ofopportunity andlor by introducing them to a professional network to enhance their opportunities. All of these objectives we now have over a decade's worth of an excellent track record of achievin8. Arts Facilitation: The charity also uses fllm and arts projects as a means to lelsure actlvitles by various means including 5peclal event screeniw, in some cases aTrJ where funding allows with speclal guests not normalty accessible to youth In Thanet for motNational and Insplratlonal tslks and mentoring and for the general community too. Regarding our progression towards acquiring the old Granville Cinema in Rams8ate: We are now aly) actively workin8 towards building a new cinema audThce. particularty targeting the most deprived post codes in our area. for which Jan Dunn (currently 'Artinl CEO has devised a number of ways and means to do so within the business model). Networking for professtonal filmlarts practitioner5 by means of e4ents hostin8 and partnerships. Using Jan Dunn's contacts and trust&s Alan Jones & Fransca walla in accessing even wider contacts, this also continues to enhance the work of the organisation in 5UPIKlrtin8 young people in gainin8 entry to the film. theatre arts and media industries within the creative sector.
Actlvltles for Achle¥ln8 Objec The Covid pandemic has completely disturbed the faCe-to-fa structure of our workshops. Up until this hit, the charity now has over ten years of a strong and proven track record in going beyond just achieving its aims and obiertives ond on average works with approximately a steady children every year, ranging in age from 5 to 19+. The film dub5 are proven to be highly benefKial for confidence. mental heolth ond general welkbeing as well as of networkin8 value and odvoncement in many way5 for young people. for which we have been recognised with a number of awards. We were expecting beyond the Covid Pandemic to see numbers coming back up to parr with previous years but this year has been unusually bad for us and our partners, social workers and other reference organisation in persuadin8 children back to clubs once a8ain. We hope the numbers wlll grow once again but need the continued support of our funders to make sure we can still be he once the children retum in greater numbers. We are currently runnin8 smaller attended workshops and are available for x*me online support Whe mentors are willin8 to give up their time outside the normal workshop hours. A5 approved prowder of the Collyer Fergusson Hardship grants. we have once again accessed some invaluable grants for young people. Two highlighted participants since last yearfs trustee report include Paul who recebved some onfrtone support from tTUSteeAEan Jones to head towards a career in the art department of film and media. Paul comes from poverty and hls shyness was so extMe, it led to poor speech. Hi5 talent was recognised by Alan who has guided him towards an apprenticeship at Pinewood studios where he is thriving. Also Mel, a recent recipient of a hardship grant is a highly talented young writerlactor who has been awarded the prertigious Luke Westlake Scholarship for her final year studies at Royal Welsh College of Music and Drama beatin8 fierce competition. despite her extreme loss and hardships during her teena8e years in Thanet. We are currentty also lookin8 to partner with Oasis Domestic Abuse Service On again for a theatre event towards their fundraising. We aim to incorporate the Glrys Film Club and Invite new young members for an all-female theatre produrtion of Lysi5trats for Summer 2022. We aim to restart hostlng of Networking events durlng the next flnandal year. We only ran one outreach project outside of Thanet this year. with the Alexander Arts Centre in Faversham. This was by invitation of the managerof the buildin& with the hope of encouraging young audience5 back to the buildin8. The project ran over a half temi week wlth 20 partlclpants. Arts facilitation: One of our longer term aims with the new premises (see below) was going to be in creating not just Ram5gate'5 first Youth Orchestra but also in establishing a theatre company in residence. We are currently in discussions with a specifft theat company which Ss looking for a venue In Kent and aladY have an excellent track record of similar work wrth youth in the community as we do ourselves. We would hope this may invofve some sort of k)w rental income for an office space In the buildin8 and use of the workshop area as a rehearsal room. We will only be able to do this if we acquire the building as freehold. New Premlses Acquisitthi. This year Thanet Dtstrict Council finalty acted upon the successtul registration we undertook in 2019 to make the old Granville Cinema an "Asset of Cornmunity Value" In July 2021. a cabinet meeting agreed for the building to be put on the disposal list ar allowed for 5ubmrtted bids from Third Sector Organisations to undertake a Community Asset Trnnsfer, or Community Right to 8id. At this point Kent Film Foundation are in discussion with the Estate's Manager as to whether we should bid or seek
to acquire via a Community Asset Transfer. The application is a Disposal Application and although not a complicated application rf it indudes our detailed business plan for the building but the pro55 appears to be confusing both for the Estate's Offlce and ourselves. We have full written support from Ramsgate Town Council In our bid, as well as from the MP. We have also 8athered an Open Letter of support wFth many slgnatorfes from h*hly regarded arts/filmftheatrelmuslc practtt4ors in support. At the point of compiling this end of year trustee rert to submit alongside our accounts, we do not know the outcome of our bid. Fund1 staff & support of volunt•eis As with previous end of year trustee reports we a still hoplng to secure a full or part time member of staff but as yet this has not happened. We conlinue to hire a number of freelance professional creatrves for their highty skilled work as mentor5. The chartty continues to manage to cover approximatety 20 hours per month of administration un(Sertaken by founder Jan Dunn who 15 acting as CEO for the time bein8. The Trustees confirni that they are in full support of Jan in using her skills to take charge of any acquisition of a new buildin8 and are gratefijl for the voluntary time she contlnues to glve thls. Further hours contlnue to be donated each month by Jan. As per last yearfs trustee report, we hereby respect that she is willing to continue to donate a considerable amount of herworking hoursasattln8CEO around childcare and herotherfreelance work and whilst undertaklng her PhD. She remains adamant that the priority funding should go to the freelance film mentors and management of the projects before funds being spent on any other salaried roles. The organisation remains grateful for all voluntary work given by trustees. especially the time both Jo Blalr and Emlyn Gregory have 8lven thls year In attending processes towards acqulring a bullding and where Jo has donated considerable time in researchlng due process for CAT acqulsition and suchllke. The trustee report would like to a150 fomally recognise the voluntary work of James Collle In jolnlng trustee Jo Blair in advisin8 around cinema and exhibition mana8ement by bringing his wealth of knowledge and experlence to the organlsatlon. Many others have volunteered thelr tlme but to hS8hllght lust some of these. the trustees wlsh to thank fellow Trustee and prop-masterAlan Jones for hi5 advice and support foryoung people, James Heaton and Astrid Stanley for theirprofessional advice towards acqulrln8 a new bulldln& Independent cinema owner Kevin Markwick lalso known for hls Radio 4 Film Programme Podca5tl for cinema advice and Hannah Butterworth for her previous knowledge worklng within the old Granville Cinema. The trustees would also like to acknowledge the support formalfy given to them by Ramsgate Town Council in thelr pursuit of acqulrfng the clnema for the cornmunlty. Income Recelved our1 Thls Flnandal Year Much like last year, volunteers had little time to submit time consumin8 fundin8 bid applications during the Covid pandernic as everyone had their own work issues andlor caring responsibilities particularty around horntrsthooling in some cases. Our 3 year funding -lifeline" from Colyer Fergusson Charitsble Trusff has managed to sustain the charity through diversion to the onltne Covid film Challenge and thi5 year through to the summer. Henry Smith and tyl1¥ Carte have been other funders 5UPPOrting our work thi5 year. Kent Community Foundation approved a small long terni grant just ofter completing last yearfs retum which has helped us considerabty and we have recently re-negotiated the repayment period to help us whi15t we now start bid writing On again.
The combined income of the aFx)ve has managed to keep us afb)at and sl)ould see us through most of this next financlal year ahead. TTUStees are grateful to oll supwrt from our hJndw5 Current Flnandal Status The oryani5ation's funds are secure for this Sch)1 yearfs projeds to continue and to cover the cost of the acquisition pro55 for the Granvllle anema and survey. The main focus shall be on raising fundin8 to rebuild the cinema and develop and grow the business. We are also alming to continue to apply for some fundln8 in order to contlnue the youth workshops whilst we progress our taking up residency in our newty refurbished buildin8. Declar•tlons Although she is not aTnJstee herself, the Kent film Foundation board of trustees unanimouslyapprove payment to the founder, Jan Dunn who is listed as Dirertor, in her capacity as film consultantlmentor to continue when fundin8 allows and also for payment wherever possible as Actln8 CEO to undertake admlnistration where needed and consider this a fundlng priority. The trustees also recognise that the sheer volume of voluntary work she undertakes for the chaiity cannot be underestlmated. Tntstees ¥tespoThslbllhles The trustees (who are also directors of Kent Film Foundation Limited for the purposes of company lawl are responsible for preparln8 the Trustees. Report and the flnancial statements In accordance with applicable law and United Kln8dom Accounting Standards Iunited Kln8dom Generally Accepted Accountlng Practi5el. In preparing these fiDanclal statements. the trustees a required to: Select suitable accounting policies and then apply them conslstentty- Observe the methods and principals in the Charities SORP 2015 IFRS 1021. Make judgements and estimates that are reasonably prudent. State whether opplicable UK Accounting Standards have been followed 5ubJectto any material departures dlsclosed and explained in the financial statements. Prepare the financial Statements on the going concern basis unless It Is Inappropriate to presume that the charitable company will continue to operate. Approved by Date Emlyn Gre80ry- Chair. Seconded try ZoAa ' Fran ca Wallace- Treasurer.