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|**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**|
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|||**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**|
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||**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**|
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|**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**|
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||**31 **|**August**|**31 **|**August**||
|---|---|---|---|---|---|
|||**2021**||**2020**||
|**Cleaner**||**1**|||**1**|
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|||**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)**|
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||**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||
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|**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)**|
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