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||||Unrestricted|Restricted|Total|Unrestricted|
|---|---|---|---|---|---|---|
||||funds|funds||funds|
||||2021|2021|2021|2020|
|||Notes|||5||
|Igggmgffgm;|||||||
|Donations
and legacies||3|351,243||351,243|429,461|
|Charitable
activities||4|41,431|6,752|48,183|37,802|
|Investments||5|1,505||1,505|625|
|Total income|||394,179|6,752|400,931|467,888|
|Ftmgfttfttttmuv.|||||||
|Charitable
activities||6|385,600|6,752|392,352|439,095|
|Net income for|the yearl||||||
|Net movement|in funds||8,579||8,579|28,793|
|Fund balances at 1 April 2020|||190,314||190,314|161,521|
|Fund balances|at 31 March 2021||198,893||198,893|190,314|
##
##
||||||||||||2021|2021||||||2020||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Notes|||||||||||||6||||
|Fixed assets||||||||||||||||||||||
|Tangible assets|||||11|||||||||2,510||||||3,347||
|Investments|||||12|||||||||1|||||||1|
|||||||||||||||2,511||||||3,348||
|Current assets||||||||||||||||||||||
|Debtors|||||13|||||69,119||||||88,658||||||
|Cash at bank and|in|hand|||||||444,149|||||||328,277||||||
||||||||||513,268|||||||416,935||||||
|Creditors: amounts||falling|due within|||||||||||||||||||
|one year|||||||||(316,886)|||||||(229,969)||||||
|Net current assets||||||||||||||196,382|||||186,966|||
|Total assets less|current liabilities|||||||||||||198,893|||||190,314|||
|Income funds
~uitdf
d||||||||||||||||||||||
|Designated
funds|||||17||||142,811|||||||142,811||||||
|General
unrestricted||funds|||||||56,082|||||||47,503||||||
|||||||||||||||198,893|||||190,314|||
|||||||||||||||198,893|||||190,314|||
|The company
is entitled to the exemption|||||from the||audit||requirement|||contained
in|||section 477ofthe Companies|||||||
|Act 2006, for the year ended 31 March 2021.||||||||||||||||||||||
|The trustees
acknowledge|||their responsibilities|||for ensuring||||that|the charity
keeps accounting|||||||records||which||
|comply
with section||386 of|the Act and for preparing|||||financial
statements||||||which give a true|||and fair view|||of|the|
|state ofaffairs ofthe||company as atthe end ofthe|||||financial year and|||||of its||incoming|resources and application||||||of|
|resources,
including||its income and expenditure,|||||for the financial||||year||in|accordance||with|the|requirements|||of|
|sections 394 and|395 and which otherwise||||comply|||with the||requirements||||ofthe Companies|||Act|2006|relating||to|
|financial statements,||so far|as applicable|to the company.||||||||||||||||||
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|Donations
and legacies||||
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||funds|funds|
|||2021|2020|
|||6|6|
|Donations
and giRs||210,608|319,461|
|National Arts government|grants|140,635|110,000|
|||351,243|429,461|
|Donations and gifts||||
|Arts &Business Trading|Limited|67,304|88,677|
|Creative intemships||40,000|31,000|
|Culture step||75,000|135,000|
|Prosper programme||12,500|25,000|
|Skills for Success||12,500|20,000|
|Impact circle||(2,750)|9,375|
|Raffle & Sundry||6,054|10,409|
|||210,608|319,461|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||8|6|
||ADF Membership|||||18,077|21,105|
||Conference/seminar||fees|||9,380|8,165|
||Arts consultancy fees|||||13,025|8,532|
||Performance|related|grants|||6,752||
||Creative Freelancers|||Consultancy|fee|949||
|||||||48,183|37,802|
||Analysis
by fund|||||||
||Unrestricted|funds||||41,431|37,802|
||Restricted funds|||||6,752||
|||||||48,183|37,802|
||For the year|ended|31 March 2020|||||
||Unrestricted|funds||||37,802||
||Performance|related||grants||||
||Job Retention Scheme|||||6,752||
|||||||6,752||
|5|Investments|||||||
|||||||Unrestricted|Unrestricted|
|||||||funds|funds|
|||||||2021|2020|
|||||||8|8|
||Interest receivable|||||1,505|625|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||||6||
||Staff costs||||238,785|238,601|
||Sundry
expenditure||||1,247|786|
||Other direct|costs|||3,650|3,896|
||Premises||||13,703|16,442|
||||||257,385|259,725|
||Grant funding|ofactivities (see note 7)|||133,067|177,470|
||Share ofgovernance||costs (see note 8)||1,900|1,900|
||||||392,352|439,095|
||Analysis
by|fund|||||
||Unrestricted|funds|||385,600|439,095|
||Restricted
funds||||6,752||
||||||392,352|439,095|
||For the year|ended|31 March 2020||||
||Unrestricted|funds|||439,095||
|7|Grants payable||||||
||||||2021|2020|
||||||6|6|
||Grants to institutions:||||||
||Grants and services||to the arts, advocacy, research|&events|133,067|177,470|
##
##
|8|Support|costs|costs|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Support|Governance|2021|Support|Governance|2020|
|||||costs|costs||costs|costs||
|||||6||f|6|8|8|
||Independent|||||||||
||examination||fee||1,900|1,900||1,900|1,900|
||||||1,900|1,900||1,900|1,900|
||Analysed|between||||||||
||Charitable||activities||1,900|1,900||1,900|1,900|
|The average
monthly
number of employees
during|the year was:||
|---|---|---|
||2021|2020|
||Number|Number|
|Permanent
staif|||
|Employment
costs|2021f|2020
8|
|Wages and salaries|210,421|213,787|
|Social security costs|16,152|15,928|
|Other pension costs|12,212|8,886|
||238,785|238,601|
##
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|Tangible fix|ed asset|s||
|---|---|---|---|
||||Computers|
|Cost||||
|At 1 April 2020|||3,369|
|At 31 March|2021||3,369|
|Depreciation||||
|At 1 April 2020|||22|
|Depreciation|charged|in the year|837|
|At 31 March|2021||859|
|Carrying amount||||
|At 31 March|2021||2,510|
|At 31 March|2020||3,347|
|Fixed asset invest|ments||||
|---|---|---|---|---|
|||||Other|
|||||investments|
|Cost or valuation|||||
|At 1 Apdil 2020 8 31 March 2021|||||
|Carrying
amount|||||
|At 31 March 2021|||||
|At 31 March 2020|||||
|Other investments|comprise:|Notes|2021
5|2020f|
|Investments
in subsidiaries||19|||
##
##
##
|13|Debtors|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
||Amounts|falling|due within|||one year:||6|6|
||Trade debtors|||||||10,930|5,821|
||Amounts|owed by||subsidiary||undertakings||58,181|82,829|
||Prepayments
and|||accrued income||||8|8|
|||||||||69,119|88,658|
|14|Creditors: amounts||||falling|due within one year||||
|||||||||2021|2020|
||||||||Notes|||
||Other taxation and social security|||||||6,510|7,160|
||Deferred|income|||||15|100,500|33,000|
||Trade creditors|||||||3,999|3,718|
||Accruals|||||||205,877|186,091|
|||||||||316,886|229,969|
|15|Deferred|income||||||||
|||||||||2021|2020|
|||||||||6|8|
||Arising from Deferred income|||||||100,500|33,000|
|||||||||2021|2020|
||Brought|Forward||||||33,000|13,500|
||Income received||in the year|||||82,500|44,000|
||Released|to income||||||(15,000)|(13,500)|
||Balance|carried forward||||||100,500|33,000|
##
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##
||||Movement||Movement|in funds||
|---|---|---|---|---|---|---|---|
||||in funds|||||
||||Incoming|Balance st|Incoming|Resources|Balance at|
||||resoorcee|1April 2020|resources|expended|31March 2021|
|||||6||6|6|
|Job|Retention|Scheme|||6,752|(6,752)||
##
|||Blovement|in funds||
|---|---|---|---|---|
||Balance at 1|Incoming|Resources|Balance at 31|
||April 2020f|resources|expended|March 2021
6|
|Designated|142,811|||142,811|
||142,811|||142,811|
##
|Analysis of|net assets between funds|||||
|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted|Total|
|||funds|funds|funds||
|||5|F|6||
|Fund balances at 31 March 2021 are||||||
|represented|by:|||||
|Tangible assets||2,510|||2,510|
|Investments||1|||1|
|Current assets/(liabilities)||53,571|142,811||196,382|
|||56,082|142,811||198,893|
##
##
##
|Name|ofundertaking|Registered|Registered|Nature|ofbusiness|Class of|% Held|
|---|---|---|---|---|---|---|---|
|||office||||shares held|Direct Indirect|
|Arts &|Business Cymru|England|and|Trading|arm of charity|Ordinary|100.00|
|Trading|Limited|Wales||||||
|Analysis o|fnet assets between funds -|previous year||||
|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted|Total|
|||funds|funds|funds||
|||f|8|5||
|Fund balances at 31 March 2020 are||||||
|represented|by:|||||
|Tangible assets||3,347|||3,347|
|Investments||1|||1|
|Current assets/(liabilities)||44,155|142,811||186,966|
|||47,503|142,811||190,314|
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|under non-cancellable
operating
leases, which fall due a|
s follows:||
|---|---|---|
||2021f|2020
8|
|Within one year|11,147|11,147|
|Between two and five years|7,220|29,514|
||18,367|40,661|
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