| CONTENTS | Page | ||
|---|---|---|---|
| Legal and Administrative | Information | ||
| Report ofthe | Trustees | 4 —8 | |
| Independent | Examiners | Report | |
| Statement of |
Financial | Activities | 10 |
| Balance Sheet | |||
| Notes to the | Financial Statements | 12-17 |
| Note | Unrestricted | Restricted | Total Funds | Total Funds | ||
|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | |||
| INCOMING RESOURCES | ||||||
| Incoming Resources |
from Generated | Funds | ||||
| Investment Income |
||||||
| Incoming Resources from Charitable Activities |
55,613 | 17,780 | 73,393 | 67,507 | ||
| Voluntary Income |
||||||
| TOTAL INCOMING | RESOURCES | 55,617 | 17,780 | 73,397 | 67,514 | |
| RESOURCES EXPENDED | ||||||
| Costs of Generating | Funds | |||||
| Charitable Activities |
30,404 | 14,205 | 44,609 | 36,946 | ||
| Governance Costs |
20,267 | 5,888 | 26,155 | 23,845 | ||
| TOTAL RESOURCES EXPENDED | 50,671 | 20,093 | 70,764 | 60,791 | ||
| NET MOVEMENT IN FUNDS |
4,946 | (2,313) | 2,633 | 6,723 | ||
| RECONCILIATION | OF FUNDS | |||||
| Brought forward Surplus/(Deficit) for |
the Year | 25,801 4,946 |
6,271 (2,313) |
32,072 2,633 |
25,349 6,723 |
|
| 30,747 | 3,958 | 34,705 | 32,072 |
| WESTBURY ARTS CENTRE (Limited by Guarantee) Company No. 8328547 |
WESTBURY ARTS CENTRE (Limited by Guarantee) Company No. 8328547 |
|||
|---|---|---|---|---|
| BALANCE SHEET -31 DECEMBER 2021 | ||||
| Note | 2021 | 2020 | ||
| NON CURRENT ASSETS | ||||
| Fixed Assets | 1,371 | 1,912 | ||
| CURRENT ASSETS | ||||
| Debtors | 10 | 418 | ||
| Cash and Bank | 42,811 | 38,089 | ||
| 42,811 | 38,507 | |||
| CURRENT LIABILITIES | ||||
| Creditors: amounts within one year |
falling due | 12 | 9,477 | 8,347 |
| NET CURRENT ASSETS | 33,334 | 30,160 | ||
| TOTAL ASSETS | 34,705 | 32,072 | ||
| REPRESENTED BY: | ||||
| FUNDS | ||||
| Unrestricted Reserves |
30,747 | 25,801 | ||
| Restricted Reserves | 3,958 | 6,271 | ||
| 34,705 | 32,072 |
| 5) | Incoming Resource | s from Charitable |
Activities | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2021 | 2020 | |||
| Total | Totalf | |||||
| Studio Hire Room Hire |
28,772 8,422 |
28,772 8,422 |
22,285 3,882 |
|||
| Workshops & Events Studio Hire: Studio &Accom |
8,269 | 8,269 | 1,791 3,120 |
|||
| Workshops & Events: Sales of Product Sundry Income Commission on sale Designated funds: Shop sales Restricted income |
1,912 2,559 715 |
11,633 | 1,912 2,559 715 11,633 |
36 1,079 20 2,335 32,959 |
||
| Other (Specified) Voluntary Income |
4,964 | 6,147 | 6,147 4,964 |
|||
| 55,613 | 17,780 | 73,393 | 67,507 | |||
| 6) | Voluntary Income |
Unrestricted | Restricted | 2021 | 2020 | |
| Total | Total | |||||
| f | f. | |||||
| General Donations | & Fundraising |
| 7) | Charitable Activities |
Unrestricted | Restricted | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Total | Total | Total | ||||
| F | F | |||||
| Event expenses Event Expenditure: Event Expenditure: |
Personnel/Freelance Publicity/Marketing |
2,770 5,237 162 |
4,146 | 2,770 9,382 162 |
372 4,210 45 |
|
| 4,008 2,706 3,652 6,092 1,850 3,927 Event Expenditure: Refreshments/Hospitality Event Expenditure: Performers Event Expenditure: Workshops Boiler "Loan" Fire &Security Heat & Light Domestic rates/Water Cleaning Repairs &Renewals |
10,059 | 4,008 2,706 3,653 6,092 1,850 13,986 |
255 1,612 2,706 3,508 6,666 1,570 798 15,204 |
|||
| 30,404 | 14,205 | 44,609 | 36,946 | |||
| 8) | Governance Costs |
Unrestricted | Restricted | 2021 | 2020 | |
| Total | Total | |||||
| F. | ||||||
| Administration staff Office costs Office consumables Printing, Postage Telephone/Internet Insurance Licences 8 Subscriptions Website costs |
11,499 585 1,182 1,431 721 245 |
5,754 | 17,253 585 1,182 1,431 721 245 |
18,893 287 729 275 1,396 684 494 |
||
| Legal & Professional Bank charges Depreciation Charge Volunteers Sundry |
1,186 369 541 123 2,385 |
134 | 1,186 369 541 123 2,519 |
242 799 46 |
||
| 20,267 | 5,888 | 26,155 | 23,845 |
| ) | Fixed Assets | |||
|---|---|---|---|---|
| Plant & | 2021 | 2020 | ||
| Machinery | Total | Total | ||
| COST | ||||
| At 1 January 2021 Additions |
3,993 | 3,993 | 3,543 450 |
|
| Disposal | ||||
| At 31 December 2021 | 3,993 | 3,993 | 3,993 | |
| DEPRECIATION | ||||
| At 1 January 2021 Charge for the Period |
2,081 541 |
2,081 541 |
1,283 799 |
|
| Eliminated on disposal |
||||
| At 31 December 2021 | 2,622 | 2,622 | 2,081 | |
| NET BOOK VALUE | ||||
| At 31 December 2021 | 1,371 | 1,371 | 1,912 | |
| At 31 December 2020 | 1,912 | ,1912 | 2,260 | |
| 10) | Debtors | 2021 | 2020 | |
| Debtors | 67 | |||
| Prepayments | 351 | |||
| 418 |
| Amounts falling due within one year: |
2021f | 2020 E |
|---|---|---|
| Bad debt provision Key deposit Payroll Restricted income |
170 995 2,900 |
95 170 362 4,041 |
| Accruals | 5,412 | 3,236 |
| Shop sales control | 443 | |
| 9,477 | 8,347 |