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|---|---|---|---|---|
|Report ofthe Trustees||1|to|10|
|Statement ofTrustees'|Responsibilities||||
|Independent
Examiner's
Report|||12||
|Statement ofFinancial|Activities||13||
|Balance Sheet||14|to|15|
|Notes to the Financial|Statements|16|to|23|
|Detailed Statement of|Financial Activities||||
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|for the year ended 3|1|March|2021||||||
|---|---|---|---|---|---|---|---|---|
||||||||31/3/21|31/3/20|
||||||Unrestricted|Restricted|Total|Total|
||||||fund|fund|funds|funds|
|||||Notes|||||
|&COME AND ENDOWMENTS FROM|||||||||
|Donations
and legacies|||||||61|340|
|Charitable
activities|||||||||
|Local Authorities/Public||Sector|||28,859|14,465|43,324|53,188|
|Lottery||||||52,14]|52,141|37,734|
|Trusts &foundations||||||22,]09|22,109|48,806|
|Government
Cul tural|Recovery Fund||||22,205|45,434|67,639||
|Other trading
activities|||||45||45|30,953|
|Investinent
income|||||29||29|25|
|T'otal|||||51,199|134,149|185,348|171,046|
|EXPENDITURE ON|||||||||
|Charitable
activities|||||||||
|Costs ofdelivering
Charitable|||Activites||17,618|116,283|133,901|149,224|
|Premises k other costs|||||676|17,866|18,542|8,909|
|Governance
costs|||||3,750||3,750|3,750|
|Other||||||||8,226|
|Total|||||22,044|134,149|156,193|170,109|
|NET INCOME/(EXPENDITURE)|||||29,155||29,155|937|
|RECONCILIATION||OF FUNDS|||||||
|Total funds brought|forward||||9,786||9,786|8,849|
|TOTAL FUNDS CARRIED|||FORWARD||38,941||38,941|9,786|
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|||||||31/3/21|31/3/20|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||Notes|||||
|FIXEDASSETS||||||||
|Tangible assets||||583||583||
|CURFKNT ASSETS||||||||
|Stocks|||10|911||911|2,348|
|Debtors|||11|24,196||24,196|19,894|
|Cash at bank and|in hand|||117,680||117,680|27,399|
|||||142,787||142,787|49,641|
|CREDITORS||||||||
|Ainounts
falling|due within|one year|12|(104,429)||(104,429)|(39,855)|
|NET CURRENT ASSETS||||38,358||38,358|9,786|
|TOTAL ASSETSLESSCURRENT||||||||
|LfABILITIKS||||38,941||38,941|9,786|
|NET ASSETS/(LIABILITIES)||||38,941||38,941|9,786|
|FUNDS|||13|||||
|Unre«tricted
funds:||||||||
|General fund||||||38,941|9,786|
|TOTAL FIJNDS||||||38,941|9,786|
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|3.|OTHER TRADING|A|CTIVITIES|||
|---|---|---|---|---|---|
|||||31/3/21|31/3/20|
||Sundry Income|||45|862|
||Earned Income||||30,091|
|||||45|30,953|
|4.|INVESTMENT INCOME|||||
|||||31/3/21|31/3/20|
||Bank deposit interest|||29|25|
|5.|NET INCOME/(EXPENDITURE)|||||
||Net income/(expenditure)||is stated after charging/(crediting);|||
|||||31/3/21|31/3/20|
||Depreciation
-owned|assets||84||
||Independent
examiner|||3,750|3,750|
||Defined contribution|pension||1,823|1,728|
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|All staff are employed|in a combination
of|Charitab|le
Activity
and Support Staff|roles and total costs|are:|
|---|---|---|---|---|---|
|||||31/03/2021|31/03/2020|
|Wages &Salaries||||62,508|49,153|
|Social security costs||||764|1,'J92|
|Pension costs||||1,823|1,728|
|||||65,095|52,073|
|The average monthly|number ofemployees|during|the year was as follows:|||
|||||3]/3/21|31/3/20|
|Total||||2|2|
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|No employees
received emoluments
in excess of$60,000.|No employees
received emoluments
in excess of$60,000.|No employees
received emoluments
in excess of$60,000.|No employees
received emoluments
in excess of$60,000.|||
|---|---|---|---|---|---|
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||||
||||Unrestricted|Restricted|Total|
||||fund|fund|funds|
|INCOME AND ENDOWMENTS FROM||||||
|Donations
and legacies|||341||341|
|Charitable
activities||||||
|Local Authorities/Public|Sector||20,550|32,638|53,188|
|Lottery||||37,734|37,734|
|Trusts Scfoundations||||48,806|48,806|
|Other trading activities|||30,953||30,953|
|Investment
income|||25||25|
|Total|||51,869|119,178|171,047|
|EXPENDITURE ON||||||
|Charitable
activities||||||
|Costs ofdelivering
Charitable||Acbvites|35,046|114,178|149,224|
|Premises
Ec other costs|||3,909|5,000|8,909|
|Governance
costs|||3,750||3,750|
|Other|||8,226||8,226|
|Total|||50,931|119,178|J70,109|
|NET INCOME/(EXPENDITURE)|||937||937|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought|forward||8,849||8,849|
|TOTAL FUNDS CARRIED||FORWARD|9 787||9,787|
|Notes to the Financial Statements - continued|Notes to the Financial Statements - continued|||
|---|---|---|---|
|for the|year ended 31March 2021|||
|9.|TANGIBLE FIXEDASSETS|||
||||Plant and|
||||machinery|
||COST|||
||At 1 April 2020||6,241|
||Addi tions||667|
||At 31March 2021||6908|
||DEPRECIATION|||
||At 1 April 2020||6,241|
||Charge for year||84|
||At 31March 2021||6,325|
||NET BOOK VALUE|||
||At 31 March 2021||583|
||At 31 March 2020|||
|10.|STOCKS|||
|||31/3/21|31/3/20|
||Stocks|911|2 348|
|11.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|||31/3/21|31/3/20|
||Trade debtors|18,197|1,000|
||VAT|1,544||
||Accrued income|4,455|18,894|
|||24,196|19,894|
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|CREDITORS: AMOUNTS FALLING DUE WIT|HIN ONE YEAR||
|---|---|---|
||31/3/21|31/3/20|
|Trade creditors|16,429|94718|
|VAT||621|
|Deferred income|64,041|15,243|
|Accrued expenses|23,959|14,273|
||194,429|39,855|
|13.|MOVEMENT IN FUNDS|MOVEMENT IN FUNDS||||||
|---|---|---|---|---|---|---|---|
|||||||Net||
|||||||movement|At|
||||||At 1/4/20|in funds|31/3/21|
||Unrestricted|funds||||||
||General fund||||9,786|29,155|38,941|
||TOTAL FUNDS||||9786|29,155|38,941|
||Net movement|in funds, included||in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||Unreshicted|funds||||||
||General fund||||51,l99|(22,044)|29,155|
||Restricted funds|||||||
||Restricted||||134,149|(134,149)||
||TOTAL FUNDS||||185,348|(158,193)|29 155|
||Comparatives|for movement|in|funds||||
|||||||Net||
|||||||movement|At|
||||||At 1/4/19|in funds|31/3/20|
||Unrestricted|funds||||||
||General fund||||8,849|937|9,786|
||TOTAL FUNDS||||8,849|937|9786|
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|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||51,868|(50,931)|937|
|Restricted funds|||||
|Restricted||119,178|(119,178)||
|TOTAL FUNDS||171,046|(170,109)|937|
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1/4/19|in funds|31/3/21|
|Unrestricted|funds||||
|General fund||8,849|30,092|38,941|
|TOTAL FUNDS||8,849|30,092|38,941|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unreshicted|funds||||
|General fund||103,066|(72,974)|30,092|
|Restricted funds|||||
|Restricted||253,328|(253,328)||
|TOTAL FUNDS||356,394|(326302)|30,092|
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|Pro ect Area/Fundin|B d|||||I~ncnnrin|~Onr
nin|~Tren ier|
|---|---|---|---|---|---|---|---|---|
|||||||Resources|Resources|U/R Funds|
|Pendle Radicals|||||||||
|Pendle Hill Landscape|Partnership|||||14,465|(14,465)||
|Lancashire LEADER|- Rural Payments|||Agency||19,217|(19,217)||
|Spodden Valley Revealed|||||||||
|Arts Council England|- Emergency||Fund|||15,448|(154448)||
|Newground
Together||||||3,892|(3,892)||
|Heritage Lottery Heritage Fund -||Emergencv|||Fund|18,300|(18r300)||
|Heritage Lottery Heritage Fund -||Project Grant||||5,841|(5,841)||
|Greenways|||||||||
|Prospects Foundation|- Windfall|Fund||not receivable||(1,000)|1,000||
|Core Costs|||||||||
|Arts Council England|- Emergency||Fund|||12,552|(12,552)||
|DCMS - Cultural
Recovery Fund||||||45,434|(45,434)||
|||||||134149|~134149||
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|Mid Pennine Arts|Mid Pennine Arts|||
|---|---|---|---|
|Detailed Statement ofFinancial Activities||||
|for the year ended 31March 2021||||
|||31/3/21|31/3/20|
|INCOME AND ENDOWMENTS||||
|Donations
and|legacies|||
|Donations||61|340|
|Other trading|activities|||
|Sundry
Income||45|862|
|Earned Income|||30,091|
|||45|30,953|
|Investment
income||||
|Bank deposit interest||29|25|
|Charitable
activities||||
|Grants||185,213|139728|
|Total incoming
resources||185,348|171,046|
|EXPENDITURE||||
|Charitable
activities||||
|Staff costs||65,372|43,847|
|Premises &Equipment||17,867|18,389|
|Prograinme
&|Marketing|68,529|95,666|
|Other Costs||500||
|||152,268|1577902|
|Support costs||||
|Other||||
|Support staff|costs||8,226|
|Other Costs||175|231|
|||175|8,457|
|Governance|costs|||
|Accountancy||3,750|3,750|
|Total resources|expended|730 193|170109|
|Net income||29,155|937|
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