2021-08-31-accounts

Contents
	Page
Company Information	1
Report of the Trustees	2−3
Accountants Report	4
Statement of Financial Activities	5
Balance Sheet	6−7
Notes to the Financial Statements
	8−11
The following pages do not form part of the statutory accounts:
Detailed Income and Expenditure Account	12−13

		31 August	31 August
		2021	2020
		Unrestricted	Total
		fund	funds
	Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies		37,689	275
Charitable activities
Incoming Resources from Charitable Activities		30,113	151,767
Investment income		41	103
Other income		83,509	12,967
Total		151,352	165,112
EXPENDITURE ON
Charitable activities		193,243	184,468
NET INCOME/(EXPENDITURE)		(41,891)	(19,356)
RECONCILIATION OF FUNDS
Total funds brought forward		407,373	426,729
TOTAL FUNDS CARRIED FORWARD		365,482	407,373

		31 August 2021	31 August 2020
		Unrestricted fund	Total funds
	Notes	£
FIXED ASSETS
Tangible Assets	3	152,698	173,446
		152,698	173,446
CURRENT ASSETS
Stocks	4	2,572	2,572
Debtors	5	3,548	5,214
Cash at bank and in hand		216,619	242,112
		222,739	249,908
Creditors: Amounts Falling Due Within One Year	6	(9,955)	(15,981 )
NET CURRENT ASSETS (LIABILITIES)		212,784	233,927
TOTAL ASSETS LESS CURRENT LIABILITIES		365,482	407,373
NET ASSETS		365,482	407,373
Unrestricted funds		365,482	407,373
TOTAL FUNDS		365,482	407,373

	Leasehold Improvements	Plant & Machinery	Fixtures & Fittings	Total
	£
Cost
As at 1 September 2020	143,079	246,042	23,109	412,230
As at 31 August 2021	143,079	246,042	23,109	412,230
Depreciation
As at 1 September 2020	50,134	170,438	18,212	238,784
Provided during the period	4,644	15,120	984	20,748
As at 31 August 2021	54,778	185,558	19,196	259,532
Net Book Value
As at 31 August 2021	88,301	60,484	3,913	152,698
As at 1 September 2020	92,945	75,604	4,897	173,446
4. Stocks
			31 August	31 August
			2021	2020
Stock −finished goods			2,572	2,572
			2,572	2,572
5. Debtors
			31 August	31 August
			2021	2020
Due within one year
Prepayments and accrued incom			2,156	5,064
Other debtors			150	150
Other taxes and social security			1,242
			3,548	5,214

6. Creditors: Amounts Falling Due Within One Year
	31 August	31 August
	2021	2020
	E	E
Other creditors	1,094
Accruals and deferred income	8,862	15,980
	9,955	15,980

	**31 **	August	**31 **	August
		2021		2020
Cleaner		1			1

		Net
9. MOVEMENT IN FUNDS	At 01.09.20	movement in	At 31.08.21
		funds
Unrestricted funds
General fund	407,373	(41,891)	365,482
TOTAL FUNDS	407,373	(41,891)	365,482
Net movement in funds, included In the above are as follows:
	Incoming	Resources	Movement in
	resources	expended	funds
Unrestricted funds
General fund	151,352	(193,243)	(41,891)
TOTAL FUNDS	151,352	(193,243)	(41,891)
Comparatives for movement in funds
		Net
	At 01.09.19	movement in	At 31.08.20
		funds
Unrestricted funds
General fund	426,729	(19,356)	407,373
TOTAL FUNDS	426,729	(19,356)	407,373
Comparative net movement in funds, included in the above are as
follows:
	Incoming	Resources	Movement in
	resources	expended	funds
Unrestricted funds
General funds	165,112	(184,468)	(19,356)
TOTAL FUNDS	165,112	(184,468)	(19,356)
A current year and prior year combined position is as follows:
		Net
	At 01.09.20	movement in	At 31.08.21
		funds
Unrestricted funds
General fund	426,729	(61,247)	365,482
TOTAL FUNDS	426,729	(61,247)	365,482
A current year and prior year combined net movement in funds,
Included in the above are as follows:
	Incoming	Resources	Movement In
	resources	expended	funds
Unrestricted funds
General fund	316,464	(377,711)	(61,247)
TOTAL FUNDS	316,464	(377,711)	(61,247)

	**31 **	**August **	2021	**31 **	**August **	2020
	£		£	£		£
INCOME AND ENDOWMENTS
Donations and legacies
Donations			37,139			125
Subscription income			550			150
Gift aid
			37,689			275
Charitable activities
Bar income			1,318			36,047
Arts Centre income						46,159
Theatre income			17,734			54,514
Studio events			800			1,635
Social events						4,786
Kaleidoscope income			10,261			8,626
			30,113			151,767
Investment Income
Bank Interest			41			103
Other income
Grants and subsidies received			83,509			12,000
Advertising and sponsorship						400
Other trading income						567
			151,352			165,112
EXPENDITURE
Charitable activities
Arts centre expenditure					8,211
Bar expenditure		5,116		24,258
Theatre expenditure		5,072		14,928
Kaleidoscope costs	21,538			16,951
Wages and salaries		3,862		15,688
Employers Ni		80
Rates		4,754			2,431
Light and heat	13,264			15,355
Cleaning	14,198			12,290
Premises insurance					(137)
Computer software, consumables and maintenance		563			312
Repairs, renewals and maintenance	68,248			26,738
					...CONTINUED

Insurance	5,120		8,300
Printing, postage and stationery	2,345		4,482
Advertising and marketing costs	12,735		1,147
Telecommunications and data costs	1,814		799
Website costs			180
Audit fees	2,100		3,000
Accountancy fees	2,815		2,100
Professional fees	6,935		562
Subscriptions	−		1,033
Bank charges	1,066		1,002
Depreciation of plant and machinery	15,121		17,520
Depreciation of fixtures and fittings	984		1,840
Depreciation of leasehold improvements	4,643		4,883
Entertaining			149
Sundry expenses	870		446
		(193,243)		(184,468)
OPERATING DEFICIT		(41,891)		(19,356)
DEFICIT FOR THE FINANCIAL PERIOD		(41,891)		(19,356)