## 

|||||Page|
|---|---|---|---|---|
|Reference and Administrative<br>Details ofthe Charity, its Trustees|||and Advisers||
|Chair's Statement||||2-3|
|Trustees'<br>Report||||4-11|
|Trustees'<br>Responsibilities|Statement|||12|
|Independent<br>auditors'<br>report to the Trustees ofTrinity Community|||Arts Limited|13 - 16|
|Consolidated<br>Statement|ofFinancial|Activities||17|
|Consolidated<br>statement|offinancial|position||18|
|Charity Statement of Financial Position||||19|
|Consolidated<br>Statement|ofCash Flows|||20|
|Notes to the Financial Statements||||21 -41|





|Trustees|||Helen Ashley|||
|---|---|---|---|---|---|
||||Mijanou Blech,|Chair (from 18August 2021)||
||||Alex Bradley|||
||||Dr Glyn Everett,|Chair (until 18August 2021)||
||||Hannah<br>Fowler|(resigned|11 May 2020)|
||||Tom Marshman|||
||||Fidel Meraz|||
||||Laura Williams|(resigned|24 August 2020)|
|Company|registered|||||
|number|||04372577|||
|Charity registered||||||
|number|||1144770|||
|Registered||office|The Trinity Centre|||
||||Trinity Road|||
||||Bristol|||
||||Avon|||
||||BS2ONW|||
|Company|secretary||Carrie Spittlehouse|||
|Chief executive officer|||Emma Harvey|||
|Independent||auditors|Bishop Fleming|LLP||
||||Chartered<br>Accountants|||
||||Statutory Auditors|||
||||10Temple Back|||
||||Bristol|||
||||BS16FL|||
|Bankers|||Triodos Bank|||
||||Deanery Road|||
||||Bristol|||
||||BS15AS|||





## 

## 

## 

|Aims|||||||||Objectives||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Long term||sustainability|||ofthe organisation|||and|- build reserves<br>in line with policy||||
|building|||||||||- repair and renovation<br>offacilities||||
||||||||||- improve accessibility||||
||||||||||- improve<br>green credentials||||
|Respond|effectively||to|community|||need||- increase<br>number<br>ofcommunity-led<br>activities||||
||||||||||-develop<br>partnerships<br>to enhance scope and||reach||
||||||||||-develop<br>membership<br>to widen engagement||and||
||||||||||representation||||
||||||||||- build networks<br>and support<br>neighbourhood||initiatives||
|Increase|audience||representation||||and||- building<br>a relevant,<br>responsive<br>programme||||
|participation||opportunities||||for those who may|||- developing<br>partnerships<br>to expand<br>provision||||
|otherwise|not engage|||with||the arts|||-support<br>under-represented<br>artists whose|work resonates|||
||||||||||with local audiences||||
||||||||||- develop<br>platforms<br>for making<br>and influencing||programme||
||||||||||decisions||||
|Increase|our social||outputs|||in line|with||-embed<br>learning across our live-programme||and project||
|'Reaching||Communities'|||objectives||||activities||||
||||||||||—develop consortia to increase community|provision|||
||||||||||- deliver relevant<br>activities e.g. around<br>heritage themes|||to|
||||||||||increase social activity||||
||||||||||-assist and support<br>relevant<br>partners<br>who|help reach||and|
||||||||||engage target groups||||





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## 

||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
|||Note|2021|2021f|2021|2020<br>E|
|INCOME FROM:|||||||
|Donations<br>and legacies|||398,894|204,396|603,290|293,174|
|Charitable<br>activities|||5,948|1,562|7,510|65,489|
|Other trading<br>activities|||70,084|30|70,114|594,176|
|Investments|||297||297|444|
|Other income|||72,491|13,106|85,597||
|TOTAL INCOME|||547,714|219,094|766,808|953,283|
|EXPENDITURE ON:|||||||
|Raising funds|||104,541||104,541|343,568|
|Charitable<br>activities|||428,963|241,654|670,617|632,291|
|TOTAL EXPENDITURE|||533,504|241,654|775,158|975,859|
|NET INCOME/(EXPENDITURE)|||14,210|(22,560)|(8,350)|(22,576)|
|Transfers<br>between|funds|19|63,318|(63,318)|||
||||77,528|(85,878)|(8,350)|(22,576)|
|NET MOVEMENT|IN FUNDS||||||
|RECONCILIATION|OF FUNDS:||||||
|Total funds brought|forward||195,976|148,390|344,366|366,942|
|Net movement<br>in funds|||77,528|(85,878)|(8,350)|(22,576)|
||||273,504|62,512|336,016|344,366|
|TOTAL FUNDS CARRIED FORWARD|||||||





## 

||||2021|2021|2020|2020|
|---|---|---|---|---|---|---|
|||Note|||E|E|
|FIXEDASSETS|||||||
|Tangible Fixed Assets||12||136,208||180,492|
|||||136,208||180,492|
|CURRENT ASSETS|||||||
|Stocks||14|5,838||11,765||
|Debtors||15|93,004||88,123||
|Cash at bank and|in hand||287,149||249,885||
||||385,991||349,773||
|Creditors: amounts|falling due within one||||||
|year||16|(181,317)||(180,546)||
|NET CURRENT ASSETS||||204,674||169,227|
|TOTAL ASSETS LESSCURRENT|||||||
|LIABILITIES||||340,882||349,719|
|Creditors: amounts|falling due after more||||||
|than one year||17||(4,866)||(5,353)|
|TOTAL NET ASSETS||||336,016||344,366|
|CHARITY FUNDS|||||||
|Restricted funds||19||62,512||148,390|
|Designated<br>funds||19|127,081||176,649||
|General funds||19|146,423||19,327||
|Total unrestricted|funds|19||273,504||195,976|
|TOTAL FUNDS||||336,016||344,366|






## 



## 

## 

||||2021|2020|
|---|---|---|---|---|
||||E|E|
|CASH FLOWS FROM OPERATING|ACTIVITIES||||
|Net cash used<br>in operating<br>activities|||(7,103)|49,123|
|CASH FLOWS FROM INVESTING|ACTIVITIES||||
|Dividends,<br>interests<br>and rents from|investments||297|444|
|Purchase oftangible<br>fixed assets|||(5,930)|(25,785)|
|NET CASH USED IN INVESTING ACTIVITIES|||(5,633)|(25,341)|
|CASH FLOWS FROM FINANCING|ACTIVITIES||||
|Cash inflows from new borrowing|||50,000||
|NET CASH PROVIDED BYFINANCING<br>ACTIVITIES|||50,000||
|CHANGE<br>IN CASH AND CASH EQUIVALENTS||IN THE YEAR|37,264|23,782|
|Cash and cash equivalents<br>at the beginning<br>ofthe year|||249,885|226,103|
|CASH AND CASH EQUIVALENTS|AT THE END|OF THE YEAR|287,149|249,885|
|The notes on pages 21 to 41 form part ofthese financial statements|||||





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## 

## 

|Leasehold<br>property|10'/o|straight|line|
|---|---|---|---|
|improvements||||
|Fixtures and fittings|20'/o|straight|line|
|Office equipment|20'/o|straight|line|





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## 

## 

## 

## 

## 

||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2021<br>f|2021|2021|2020<br>E|
|GRANTS|||||
|Cultural<br>Recovery Funding|296,427||296,427||
|Arts Council||41,032|41,032||
|Power to Change|28,667|37,000|65,667||
|SUBTOTAL|325,094|78,032|403,126||
|Donations|1,057|950|2,007|9,734|
|Other Grants|72,743|125,414|198,157|283,440|
|SUBTOTAL|73,800|126,364|200,164|293,174|
|TOTAL 2021|398,894|204,396|603,290|293,174|
|TOTAL 2020|32,360|260,814|293,174||





## 

||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2021|2021|2021|2020|
|||E||F|
|Training||1,178|1,178|11,276|
|Room hire|5,948|384|6,332|45,963|
|Service contracts||||8,250|
|TOTAL 2021|5,948|1,562|7,510|65,489|



## 

|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2021|2021|2021|2020|
||||||||F|
|Events||||20,840||20,840|29,057|
|Miscellaneous|income|||969|30|999|9,006|
|Trinity Community||Enterprises|Limited|48,275||48,275|556,113|
|TOTAL 2021||||70,084|30|70,114|594,176|



## 

|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funds|
|2021|2021|2020|
|K|||
|297|297|444|





## 

||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
|Government|grants|receivable|72,491|13,106|85,597||



## 

## 

## 

|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2020|
|||||E|
|Fundraising|expenses|23,101|23,101|24,183|
|TOTAL 2020||24,183|24,183||
|OTHER TRADING EXPENSES|||||
|||Unrestricted|Total|Total|
|||funds|funds|funds|
|||2021|2021|2020|
|||||E|
|Barcosts||14,063|14„063|202,303|
|Administration|expenses|12,786|12,786|33,383|
|Fundraising|staff costs|53,944|53,944|83,052|
|Depreciation||647|647|647|
|||81,440|81,440|319,385|
|TOTAL 2020||319,385|319,385||





## 

## 

||Activities||||
|---|---|---|---|---|
||undertaken|Support|Total|Total|
||directly|costs|funds|funds|
||2021|2021|2021|2020|
||||E|E|
|Total expenditure|231,709|438,908|670,617|632,291|
|TOTAL 2020|191,185|441,106|632,291||



## 

||Total|Total|
|---|---|---|
||funds|funds|
||2021f|2020<br>E|
|Staff costs|108,533|91,322|
|Repairs and renewals|24,23'I|23,744|
|Subcontractors|91,639|71,111|
|Professional fees|7,306|5,008|
||231,709|191,185|





## 

## 

## 

|||Total|Total|
|---|---|---|---|
|||funds|funds|
|||2021|2020|
||||E|
|Staff costs||286,860|236,536|
|Depreciation||49,568|62,419|
|Repairs and renewals||18,550|18,139|
|Subcontractors||11,422|17,167|
|Computer<br>maintenance||15,426|15,958|
|Equipment<br>rental||7,533|6,285|
|Unreclaimable|VAT|12,209||
|Insurance||12,537|11,205|
|Bank charges||691|964|
|Travel expenses||176|1,394|
|Licences||1,595|5,199|
|Adminstration|costs|2,434|5,340|
|Cleaning costs||5,062|21,564|
|Waste management||3,200|6,773|
|Accountancy|costs|9,175|9,008|
|Electricity||1,986|12,504|
|Rates||(1,102)|7,140|
|Gas||1,586|3,511|
|||438,908|441,106|



## 

|||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|||||2021|2020|2021|2020|
||||||F|||
|Wages and|salaries|||403,877|375,821|352,917|296,952|
|Social security costs||||24,510|17,407|23,145|14,887|
|Contribution|to defined|contribution|pension|||||
|schemes||||20,950|17,682|19,331|16,019|
|||||449,337|410,910|395,393|327,858|





## 

||Group|Group|Charity|Charity|
|---|---|---|---|---|
||2021|2020|2021|2020|
||No.|No.|No.|No.|
|Employees|37|44|29|25|



## 



## 

## 

## 

||Leasehold||||
|---|---|---|---|---|
||property|Fixtures and|Office||
||improvements<br>f|fittings|equipment|Total|
|COST OR VALUATION|||||
|At 1 April 2020|376,218|206,262|26,750|609,230|
|Additions||5,930||5,930|
|At 31 March 2021|376,218|212,192|26,750|615,160|
|DEPRECIATION|||||
|At 1 April 2020|217,145|189,311|22,282|428,738|
|Charge for the year|37,463|10,766|1,985|50,214|
|At 31 March 2021|254,608|200,077|24,267|478,952|
|NET BOOK VALUE|||||
|At 31 March 2021|121,610|12,115|2,483|136,208|
|At 31 March 2020|159,073|16,951|4,468|160,492|





## 

## 

## 

||Leasehold||||
|---|---|---|---|---|
||property|Fixtures and|Office||
||improvements|fittings|equipment|Total|
|||||F|
|COST OR VALUATION|||||
|At 1 April 2020|376,218|197,076|26,750|600,044|
|Additions||5,930||5,930|
|At 31 March 2021|376,218|203,006|26,750|605,974|
|DEPRECIATION|||||
|At 1 April 2020|217,145|182,111|22,282|421,538|
|Charge for the year|37,463|10,120|1,985|49,568|
|At 31 March 2021|254,608|192,231|24,267|471,106|
|NET BOOK VALUE|||||
|At 31 March 2021|121,610|10,775|2,483|134,868|
|At 31 March 2020|159,073|14,965|4,468|178,506|





## 

## 

|Name||||||Company||Class of|Holding|Holding||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||number||shares||||
|Trinity|Community|Enterprises|Limited|||07848421||Ordinary||100%||
|The financial<br>results ofthe subsidiary||||for|the year were:|||||||
|Name||||||Income|Expendituref||Net|assets||
|Trinity|Community|Enterprises|Limited|||83,813||(83,813)||2,997||
|Trinity|Community|Enterprises|Limited||made a gift aid|distribution<br>to Trinity||Community|Arts|Limited|of|
|E1,235|(2020:f121,174).|||||||||||



## 

|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2021|2020|2021|2020|
||||E|||
|Bar|stock|5,838|11,765|708|765|





## 

## 

|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2021|2020|2021|2020|
|||f.|F||E|
|DUE WITHIN|ONE YEAR|||||
|Trade debtors||48,665|73,074|8,104|8,983|
|Amounts<br>owed by group undertakings||||77,009|33,346|
|Other debtors||4,44&|8,671|1,972|6,986|
|Prepayments|and accrued income|39,891|6,378|37,311|6,378|
|||93,004|88,123|124,396|55,693|



## 

|CREDITORS".AMOUNTS|CREDITORS".AMOUNTS|CREDITORS".AMOUNTS|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR||||
|---|---|---|---|---|---|---|---|---|
||||||Group|Group|Charity|Charity|
||||||2021|2020|2021|2020|
|||||||||E|
|Bank loans|||||50,000||50,000||
|Trade creditors|||||15,837|39,833|14,866|29,618|
|Other taxation and||social security|||5,517|15,803|5,435|14,590|
|Other creditors|||||39,059|29,958|23,783|18,053|
|Accruals|and deferred<br>income||||70,904|94,952|19,658|25,155|
|Deferred|income at 31 March 2021||||181,317|180,546|113,742|87,416|
||||||Group|Group|Charity|Charity|
||||||2021|2020|2021|2020|
||||||E|E|E|E|
|Deferred|income analysis||||||||
|Deferred|income at 1 April||2020||78,529|42,083|14,764|18,359|
|Resources deferred||during|the year||56,261|78,529|7,764|14,764|
|Amounts|released|from previous||periods|(78,529)|(42,083)|(14,764)|(18,359)|
||||||56,261|78,529|7„764|14,764|





## 

## 

||||||||Group|Group|
|---|---|---|---|---|---|---|---|---|
||||||||2021f|2020f|
||Other loans||||||4,866|5,353|
|18.|FINANCIAL||INSTRUMENTS||||||
||||||Group|Group|Charity|Charity|
||||||2021f|2020f|2021f|2020f|
||FINANCIAL||ASSETS||||||
||Financial|assets measured||at fair value|||||
||through|income and expenditure|||287,149|249,885|186,789|193,821|





## 

|STATEMENT OF FUN|DS - CU|RRENT YEAR|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at 1|||Transfers|31 March|
|||April 2020|Income|Expenditure|in/out|2021|
|UNRESTRICTED FUNDS|||||||
|DESIGNATED FUNDS|||||||
|Fixed assets funds||176,649||(49,568)||127,081|
|GENERAL FUNDS|||||||
|General fund||16,331|463,901|(400,123)|63,318|143,427|
|Trinity Community<br>Enterprises|||||||
|Limited||2,996|83,813|(83,813)||2,996|
|||19,327|547,714|(483,936)|63,318|146,423|
|TOTAL UNRESTRICTED|||||||
|FUNDS||195,976|547,714|(533,504)|63,318|273,504|
|RESTRICTED FUNDS|||||||
|Making Tracks/Youth<br>Music||49,679|51,905|(89,171)|(4,995)|7,418|
|P2C19||27,393|51,049|(59,196)|(4,984)|14,262|
|Stay and Play/Children|in Need|13,103|7,635|(26,399)||(5,661)|
|Bristol Dance Futures||38,809|5,878|(15,200)|(1,900)|27,587|
|Kickstart/Power<br>to Change||14,957||||14,957|
|Here 8 Now/Future<br>Arts|Centre||||||
|(Arts Council England)||3,000||(500)||2,500|
|Solar PV/Crowdfunder||1,449||||1,449|
|ACEF 2020- Arts Council|||||||
|emergency<br>fund|||36,080|(8,880)|(27,200)||
|CLF-Resonance<br>CLF|||30,000|(15,545)|(14,455)||
|CCF Covid Community|fund||10,000|(9,216)|(784)||
|Art ofResistance|||26,547|(17,547)|(9,000)||
|||148,390|219,094|(241,654)|(63,318)|62,512|
|TOTAL OF FUNDS||344,366|766,808|(775,158)||336,016|





## 

## 

|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at|||Transfers|31 March|
|||1 April 2019|Income|Expenditure|in/out|2020|
|||F|E|'E|E|E|
|UNRESTRICTED FUNDS|||||||
|DESIGNATED FUNDS|||||||
|Fixed assets funds||215,373||(62,419)|23,695|176,649|
|Catalyst project fund||23,102||(6,707)|(16,395)||
|||238,475||(69,126)|7,300|176,649|
|GENERAL FUNDS|||||||
|General<br>fund||39,131|246,228|(277,925)|8,897|16,331|
|Trinity Community|Enterprises||||||
|Limited||2,400|434,939|(434,343)||2,996|
|TOTAL UNRESTRICTED|||||||
|FUNDS||280,006||(781,394)|16,197|195,976|





## 

## 

|RESTRICTED FUNDS|||||||
|---|---|---|---|---|---|---|
|Ignite 2019/Arts Council|||||||
|England||2,580|5,750|(8,245)|(85)||
|Conservation<br>Project/Heritage|||||||
|Lottery Fund||18,332||(18,332)|||
|Making Tracks/Youth<br>Music||7,015|127,794|(91,451)|6,321|49,679|
|P2C19||32,624|29,404|(9,278)|(25,357)|27,393|
|Stay and Play/Children|in Need|21,189|2,932|(1 "I,353)|335|13,103|
|Children's<br>Activity/Bristol|Youth||||||
|8 Community<br>Action||1,912||(1,577)|(335)||
|Feasibility Study/Backstage|||||||
|Trust||3,284||(2,843)|(441)||
|Bristol Dance Futures|||42,734|(2,500)|(1,425)|38,809|
|Kickstart/Power<br>to Change|||57,053|(46,886)|4,790|14,957|
|Here 8 Now/Future<br>Arts|Centre||||||
|(Arts Council England)|||5,000|(2,000)||3,000|
|Solar PV/Crowdfunder|||1,449|||1,449|
|||86,936|272,116|(194,465)|(16,197)|148,390|
|TOTALOFFUNDS||366,942|272,116|(975,859)||344,366|



## 



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## 



## 

## 

## 

## 

|ANALYS|IS O|F NET ASSETS BETWEEN FUND|S - CURRENT YEAR|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2021|2021|2021|
|||||E||
|Tangible|fixed|assets|136,208||136,208|
|Current|assets||323,479|62,512|385,991|
|Creditors|due|within one year|(181,317)||(181,317)|
|Creditors|due|in more than one year|(4,866)||(4,866)|
|TOTAL|||273,504|62,512|336,016|



## 

## 

|ANALY|SIS O|F NET ASSETS BETWEEN FUNDS|-PRIOR YEAR|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2020|2020|2020|
|||||E||
|Tangible|fixed|assets|176,649|3,843|180,492|
|Current|assets||132,072|217,701|349,773|
|Creditors|due|within one year|(107,392)|(73,154)|(180,546)|
|Creditors|due|in more than one year|(5,353)||(5,353)|
||||195,976|148,390|344,366|



## 



## 

## 

||||Group|Group|
|---|---|---|---|---|
||||2021|2020|
|Net expenditure<br>for the year (as per Statement||of Financial Activities)|(8,350)|(22,576)|
|ADJUSTMENTS FOR:|||||
|Depreciation<br>charges|||50,214|63,065|
|Interest receivable|||(297)|(444)|
|Decrease<br>in stocks|||5,927|1,811|
|Decrease/(increase)|in debtors||32,501|(57,870)|
|Increase/(decrease)|in creditors||(87,098)|65,137|
|NET CASH PROVIDED BY/(USED IN) OPERATING ACTIVITIES|||(7,103)|49,123|
|ANALYSIS OF CASH AND CASH EQUIVALENTS|||||



|||||||Group|Group|
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
||||||||E|
|Cash|in|hand||||287,149|249,885|
|TOTAL||CASH|AND|CASH|EQUIVALENTS|287,149|249,885|



## 

## 

||||At 1 April||At 31 March|
|---|---|---|---|---|---|
||||2020|Cash flows|2021|
|Cash|at bank and|in hand|249,885|37,264|287,149|
|Debt|due within<br>1|year||(50,000)|(50,000)|
|Debt|due after 1 year||(5,353)|487|(4,866)|
||||244,532|(12,249)|232,283|



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