2020-08-31-accounts

						Page
Trustees' annual report (incorporating			the	director's	report)
Independent examiner's report		to the	trustees
Statement offinancial	activities	(including		income and
expenditure account)
Statement offinancial	position
Notes to the financial	statements
The following pages	do not form part ofthe financial statements
Detailed statement of	financial	activities				20

					2020		2019
				Unrestricted	Restricted
			Note	funds	funds	Total funds f	Total funds E
Income and endowments
Donations and legacies				43,601	5,328	48,929	123,047
Total income				43,601	5,328	48,929	123,047
Expenditure
Expenditure on charitable		activities	6,7	51,473	14,432.	65,904	111,378
Total expenditure				51,473	14,432	65,904	111,378
Net (expenditure)/income		and net
movement in funds				(7,872)	(9,104)	(16,976)	11,669
Reconciliation offunds
Total funds brought	forward			79,755	32,989	112,744	101,076
Total funds carried	forward			71,883	23,885	95,768	112,745

31August	202	0
						2020	2019
					Note	F	E
Fixed assets
Tangible fixed assets					13	476	1,124
Investments					14	20,000	20,000
						20,476	21,124
Current assets
Debtors					15	2,097	1,482
Cash at bank	and	in	hand			75,396	92,963
						77,493	94,445
Creditors: amounts			falling	due within one year		2,201	2,825
Net current assets						75,292	91,620
Total assets	less	current		liabilities		95,768	112,744
Net assets						95,768	112,744
Funds ofthe charity
Restricted funds						23,885	32,989
Unrestricted	funds					71,883	79,755
Total charity	funds					95,768	112,744

wound up the members would be lim Donations and legacies	ited to a liability ofE1 each.
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
	E
Donations
Donations	43,481	4,528	48,009
Grants
Grants receivable	120	800	920
	43,601	5,328	48,929
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2019
	E	E	E
Donations
Donations	72,314	38,957	111,271

					Unrestricted	Restricted	Total Funds
					Funds	Funds	2019
						E	F
	Grants
	Grants receivable					11,776	11,776
					72,314	50,733	123,047
6.	Expenditure	on charitable	activities	by fund type

Expenditu	re on charitable activities	by fund type
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
		E	E
Charitable activities Support costs		35,866 15,607	14,224 208	50,090 15,814
		51,473	14,432	65,904
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2019
		E	E
Charitable activities Support costs		44,726 20,687	45,759 206	90,483 20,895
		65,413	45,965	111,378

Expenditu	re on charitable ac	tivities by activity typ	e
		Activities
		undertaken			Total	funds	Total fund
		directly	Support	costs		2020	2019
				E		E	E
Charitable	activities	50,090		15,814		65,904	111,378

		Analysis of
		support costs
		activity 1	Total 2020	Total 2019
				E
Staff costs Premises		11,575 259	11,575 259	11,301 264
Communications	and IT	547	547	420
General office		97	97	121
Human resources		647	647	647

Ye	ar ended 31 August		2	02	0
	Finance costs Bank charges									632 132	632 132	721 144
	Consultancy Professional fees Payroll costs									1,620 305	1,620 305	1,200 5,784 293
										15,814	15,814	20,895
9.	Net (expenditure)/income
	Net (expenditure)/income			is stated after				charging/(crediting):
	Depreciation oftangible		fixed		assets						2020 f 648	2019 E 647
10.	Independent examination			fees
											2020	2019
	Fees payable to the independent					examiner for:						E
	Independent examination			ofthe financial				statements			528	420
11.	Staff costs
	The total staff costs and		employee			benefits for			the reporting	period are analysed as follows:
											2020	2019
												E
	Wages and salaries Employer contributions	to		pension		plans					42,806 760	67,753 739
											43,566	68,492
	The average head count of employees full-time equivalent employees during						during the year was 4 (2019:4). The average the year is analysed as follows:					number of
												2019
												No.
	Development											3
	Administration											1
												4

Tangible fixed assets
	Equipment
	E
Cost
At 1 September 2019and 31August 2020	2,190
Depreciation
At 1 September 2019 Charge for the year	1,066 648
At 31August 2020	1,714
Carrying amount
At 31August 2020	476
At 31 August 2019	1,124

	Other
	investments
	f.
Cost or valuation
At 1 September 2019	20,000
Additions
At 31August 2020	20,000
Carrying amount
At 31August 2020	20,000
At 31 August 2019	20,000

All investments Debtors	shown above are held at valuation.
		2020	2019
		F	E
Prepayments Other debtors	and accrued income	1,739 358	962 520
		2,097	1,482

Creditors: amounts f	alling due within one year
		2020	2019
Trade creditors		1,701	2,138
Accruals and deferred	income	500	420
Social security and other taxes			267
		2,201	2,825

Restricte	d	funds
			Fund				Fund
			balance				balance
			brought	Income and		Fund	carried
			forward F	endowments	Expenditure	Transfers E	forwardf
Grow Stonehouse			12,877	1,028	(9,634)		4,271
Millfields	Inspired
Community		Support	6,044		(1,137)		4,907
¹Inspireme			14,068	800	(3,661)		11,207
Immersive		Theatre
Project				3,500			3,500
Total			32,989	5,328	(14,432)		23,885

Unr	estricted funds
					Fund									Fund
					balance									balance
					brought		Income		and				Fund	earned
					forward E	endowments f					Expenditure E		transfers	forward
	General fund Staff Contingency				29,138			43,601				(51,213)		21,526
	Reserve				27,000									27,000
	Community Engagement
	Grant Innovation Reserve Revalutation Reserve Nethercott Farm				875 7,375 15,000 367							(260)		615 7,375 15,000 367
	Total				79,758			43,601				(51,473)		71,883
19.	Analysis of net assets between funds
											Unrestricted		Restricted	Total Funds
												Funds	Funds	2020
												E
	Tangible fixed assets											452	24	476
	Investments Current assets Creditors less than	1	year									20,000 52,498 (2,201)	24,995	20,000 77,493 (2,201)
	Net assets											70,749	25,019	95,768
											Unrestricted		Restricted	Total Funds
												Funds	Funds	2019
												E
	Tangible fixed assets Investments Current assets Creditors less than 1		year									892 20,000 61,688 (2,825)	232 32,757	1,124 20,000 94,445 (2,825)
	Net assets											79,755	32,989	112,744
20.	Financial instruments
	The carrying amount		for each		category offinancial					instrument		is as follows:
													2020 f	2019 E
	Financial assets that are debt instruments							measured			at amortised		cost
	Financial assets that		are debt		instruments		measured			at	amortised
	cost												358	520
	Financial liabilities		measured		at amortised			cost
	Financial liabilities	measured		at amortised			cost						1,701	2,138