Upfront Arts Limited (a MpanY limiled by guarantee) Annual Report and Financial Statements 30 September 2021 Company registratlon number: 04547236 Charity registratlon number: 1153089 christiandodd
Upfront Arts Limlted Contents Reference and administrative details Trusiee's report Twslee's resp)n$ibilitses in l&"0n to the finarrial tstennts Independent oxaminerfs report Statement of ffnanch31 aCtNitS 10 Balance sheet Notes to the financial staterrenls 12
Upfront Arts Limited Refernnce and Admlnlstralive Details Charity name Upfront Arts Limited Charity reglstratlon number 1153089 Company reglstration numbor 04547236 Principal office Upfront Gallery Hutton In The Forest PENRITH CA11 9TG R•gistered office Upfront Gal Hutton In The Forest PENRITH CAI 1 9TG S Allan PHD {appointed12th May 2022) K R 8aker (appointed 12th May 20221 A Baker {appointed 12th May 2022) C Chandler ISigned 1Y May 2022) E Cook (resigned 12th May 2022) J W Cook {osKJned 12th May 20221 J Clark Fdtowes lapw)inled 12th May 20221 S P Ghafoor OBE {appointed 12th May 20221 L M Hamitton G Hunl P J C MacQueen lapwinted 1Y May 20221 A K Mccaw K Norman lappoinlgj 2P May 2022) Z Sutton (resigned 12b) May 2022) C Want (resignejj 12th Ptsy 20221 S•Gretsry D E Parkinson (appointed 1Y May 2022} Bankers Cuthrfand Building Sty 15 MKldlegate PENRITh CA11 7PG Accountant storey & Cjodd Ltd Unit 10 Cumbro LEP Redhills PENRITH CA11 OOT
Upfront Arts Limited Trustees. Report for the Year Ended 30 September 2021 The directors and trustees for the purposes of the Companies Act have pleasure in presenting their report and the finanaal statgrrnts of chanty for the year ended 30th SeptemLr 2021. The ffinanCl ststernents have been prepared in accordance the a¢counting politse$ set out in Ihe notes to the accounts and compty wth the charity's goveming dccument, the Charities Act 2011 and A¢¢ounting and Reporting by Charitses". Statemént of Recommended Pr3ctice applicable to harities preparing Iheir accourrts in aceordano wth the Finawal Reporting Standard applicable in the UK and Republic of Irdand. Goveming l)ocum•nt Upfront Arts Limited is a charitable company lirymted by guarantee, incorporated on 27th September 2C(12, and amended by speual resolutr'on on 241n July 2013. 11 was registered as a charity on 2 July 2013. The company was eslablished under a Menxrandum of A$SlatIon which established the objects and powers of the charitable company and is govemed under its Ath'cles of Association. Obj•¢tives The Principle tivity of the charity in the riod under review was th of advancing the educatK)n of the public and promoting the art of mask. mime and pupwty by such rrans as the trustees think fit including performance. workshops and teacthing. The key obpctNes indude.. To advance the art forms of mask. mime and puppetry and To prorrnte the art of mask. rrome and putpety through eXhibitn$, performance, workshops and teachin9. Trustees The dirÈctrJrs ofthe company are dso the charity trustees for the purpose of charity law. Any person can be admitted as a trustee of the charity provIng all other trustee5 give their approval. The tThslees of the charity are responsit4e for the appointrrent of the tsjmpany secretary in aecordance with the Act. Trustee's are appointed to the charity by invtsb.on frAlowed by *tion at Lb)ard meetin9S. New board memters are sought to streivjthen ablty of the charity to carry out its remit. The b)ard s&ks to deveknp its skill base arid knovAed9e by attending relevant courses where possible. All board membets are required to sign a Iruslee's de¢laration. Risk Management The Board of Truslees perallY corKlucts a VIeW of the rnajor Tisks lo which the charity is exposed and develops M"gatiOn strategies. A statement of the major risks and any appropriate systerr6 and prtxedures to mtyate these risks are includ&J in the Strategi¢ Plan and Board Policy Manual. The board recognises that a failu to meet venUe targets ateS a risk and a strategic plan is in pface to generate more income. The development ofan on- srte interaclNe puppet museum and sh)p is undeFway, with showcases installed during Jo¢kdown. An Incon generab.ng puppet festival is planned for September 2022 with some grant funding already in place to cover basic costs. The or9anisation is aware of ils resFonsibilib'es regarding heatth and safety, child protection and èmployment law. The Board Policy Manual is vIeWed quarterly.
Upfront Arts Limited Trusl•es' Ryrt for the Year Ended 30 September 2021 Publlc Benefit The trustees ¢onfirm that they have eomrAied wrth the duty irs Section 4 of the charib.es Act 2006 to have due regard to public benefit guthnce pub1tsJ by the Chaiity Commi5SiM. The trustees klieve that the carrying Out of the aims of the d)arity prOVe$ a public benefit in a number of area5. including the provision of education and the prorrntM)n of the art form of puppety. The charrty has provided a new theatre. wrth workshop resources in a rural area wrth full accessibility. Performances have teen provbjed lor the geneTal public and ath(yols. Practical workshops have been prOVed tri mask makn'ng and camivals for s¢hoc4s and the wder community. Revlew of d•velopmenls actsvilits and achi•vements During the yeai the company pfnd a pre IkdOWn season Of"PL5 in Boots" al Chrt5tmas, then a small outdoor puppet festival, "Puppets up Front. as restn"ctK)ns were lffted. "Jack and the 8eanstalk' was performed un(Jer Covid restn.eted rules dufrng the sumnw. When music concerts eould be stage(I performance5 induded Folk Upfront- Christmas Spec¢al in December2020 and Rob Heron ane Tom Cronin music concert in Juty 2021 with Covid restrictions lifted in full. A Covid Safe Grant was provided by The Theatres Trust to enable us to purcmase 75 stacking, ckanable chairs lo allow our audnceS to srt in Covid sale bubtAe5. The fvnding also purchased and paid for the purchase and fitting of ele¢tn"¢ window openers for the clerestory roof sect above the auditorium. Both of these fa¢i1ths will Contribute to resource fvrture events of the charity. The constructs'on of 12 museum conservats)n shcwcases was completed in the year, part furyled by a grant of £19.992 from the European Deveknpment Fund and by private loans of £38.220. Total expenditure on the mu%um was £54.1)00. Further improvemenls and addib.ons are planned for the museum in line wrth our ambrti¢)n to become a fully eredited interactive puppet museum. Future Plans We a develowng an onsite shop dedtcated to sales related to Puprts and the planned PUPFet museum. We have secured a grant of£5000 from the VKloria bod FOUndatti of 35000 and from The Penrrth Lottery lund of £2500 t(r•vards a puppet fests'val to be staged o site in varK)us venues in September 2022. ApplKation has abo been made to the Westmortand Foundation Tr¢Jsl lor £5000 towards t lestival base costs. Any money from b.eket sales will used to establish a reserve for the charity as the basis to underpin future an$. A grant has teen se¢uied from Eden Di8trict Councii as a part of rts new Devolopmenl Strategy. The funding to be spent 2022-2023 will help wrth stabiloabon after COV and will contribu¢e lo paying freelance puppeteerfs fees as well as covering the cost of devdop0 a new company produ¢b"on arKI some paid administrab.on for the first time for the tharity.
..¢ontinued Flnanchl Revlew The totsl ineorning resources for the yearamounted to £57.39912020 £53.7181. Ofthis arThJunt £950 12020 £nill was restn.cled funds for specific proiecis. Total expenditure was £50,32512020 £46.1811. of which £5,95012020 £nill was reslricled. The majof expenditure which trte charity incurs Js that of wages. productt.on costs Including stage building and puppet making and depreciats"on. The depreciation fvJure reflects the diminishing lease which the theatre building has, for the land on which il Is built. The charrty has a peppercorn lease which has been extended up to March 2032. extending the original lease Created in 2012 by 10 years up to 2032. Accounting praCte dictates the cost of the building fs depreciated over the term of the lease and by extending the lease, the rale of depreciation ha5 been slowed. The total funds of the chanty ai 30 Sep¢emter 2021 were £186.36512020 £179.291), of which £nil 12020 £5.0001 were re5trtcled. Reserve8 Pollcy The Iruslees have reviewed the charity's needs for reserves in line with the guidance Bsued by the Charity Commission. The policy of the Iruslees is to ensure that financial resources are sufficient lo cover the projecte(J operation and development ftJndin9 Aeefjs of the charity with some de9m of flexibility to allow for potential ntingencIes. Fun¢Jing has been 5ecvied towards the staging of the Pvppel festrval event and l¢)waT4s Increased advertising lo raise awareness ol the acts"vthes of the Charity. T_tre proiecled income slrearn from the onsite puppet museurn ond from the onsite dedicated shop will contribute to the financial stability of the charity and will help to establish a resefyes fvnd for the fvlure. At the year end there was a de11 on free re5erye$ of £62.84212020 £37.3551.
UpfrontArts Limlted Trustees. Report for the Ywr Ended 30 Seplemb•r 2021 Small company provlslons This reF¥Jrt has bgen [ryr8d wi a¢t>ydance with srMII eompanios reglme urKlor the Companies Acl 20(. Approved by the Board on 2f J 21Y22 and swl on its bghaw by.. L Hamlton
Upfront Arts Llmited Trustees, Responsibilities in rolation to the Financlal Statements Th9 trustees {who are also directors of Upfront Arts Ltmited for the purposes of company lawl a responsible for preparing the Tru5tees' Annual Report and thè financial slalements in accordance wrfh applicable law and the Financial Repoth"ng Standard 102 'The Financial Rewrting Standard applicable in the UK and Republic of Ireland.. Company law requires the ITUStee5 to prepare financial 5talerT*nts for each financial year whith gwe a true and fair view of the slate ol affairs ol the charrtable company and of the incoming fesources and application ol resource$. including income and expendrture. of the charitable company for thal period. In preparing Ih85e financial statements. the tru$lee3 are requ1red to. Solecl surtable accounting policies and then apply them conststently. Observe the methods and principles in ihe Charibes SQRP.. Make iu¢Jgements and eslimales that a reasonable and prudentr Slate whether applicable UK accounbng standards have been foll¢)wed, subject to any material (Jeparfvres dis¢10sed and explained in the firnanei815taiernents.' and Prepare the financial Statents on the going concern basis unless it 15 inapwopfiate lo presume that the chantable company will continue in business The Iruslee5 are responsible for keeping proper ating records that disclose wth aSOnab accuracy at any lime the financial posifion of the charitsble company and enable them to ensure that the financial statements cOmY with the Companies Act 20C6 They a also responsible for safeguarding the assets of the charitable company and hence for tskin9 reasonable steps for the preventson and detection of fraud and other IrregUlare5.
Independent Examiner's Report to the Trustees of Upfront Arts Limlted I report on the 8¢counts of the company for the year end 30 September 2021. which are sel out on pages 9 10 20 Respective respOlbIlItieS of Irust•es and examlner The Iruslees (who a also the dire¢lors of the company for the pury)oses of company law} are responsible for the prepardlion of the account5. The trustees consider that an audit is not required for Ihis year un¢Jer section 144121 of the Charittes Aci 2011 (the 2011 Act) and that an independent examinalton is needed. Havillg satisfied wryself that the chanty 1$ not subject to audit under Part 16 of the CornpanBs Act 20L and is eligible for independeftt examinats"on. il is my responsibility to". Examine the accounts under seth.on 145 of the 2011 Act Follow the procedures laid down bn the General DirectK)ns gNen by the Charity Commi$3ion under seCtn 145151 (bl of the 2011 Act and.. Slate whether partiGular matter5 have come lo my attentn Basis of indep•ndent examin•rs report My examination was carned out in accordance with the General Direction5 givèn by Iho Charity commiss. An examination includes a review of the accounbng records kept by the charty and mparison ol Ihe accounts psented wiifTr those records It also includes considerabon of any unusual item5 or disc105ures in the accounts and seeking explanab'ons from you as trustees conceming any such matters. The procedures undertaken do not provide all Ihe evidence that would be required in an audil and consequently no opinion is given as to whether the accovnts present a true and fair view, and the report is limited to those matters set out in the ststemenl bebw. Independent examinerfs statemoni In COnnectn télth my examinab"on, no matter ha5 come to my attents"on". 111 WThich gives me reaswabk cause to believe that in any material respect the requirements.. To keep accounting records in accordance with sectron 386 of Companres Act 2006, and To prepare accounts which accord with the aGcountsng records. comply with the a¢untIng requirements ol section 396 01 the Companies Act 2006 and wrth the methods and principles of the StatetYEnl of Recommend Prath'.. Acwunb"ng and Reporting by Charit$ Have not been met.. or 121 To which. my opinion. ?ttent"on sl¢ouhJ be dr&*m in order to enab a proper understanding of the accounts lo be 3¢e0 AlexandTa Hay9arth BFP ACA Storey & Dodd Ltd Va Christian Dodd Chartered Accgunlanls 2Ph June 2022
Upfront Arts Limited Statement of Financial Activitie¥ {in¢luding Income and Expenditur• Account) for th? Year Ended 30 September 2021 Unr¢striGt Funds Restrlcted Funds Total Funds 2021 Total Funds 2020 Notes Incomg and enflowmgnts from Voluntary Income Actsvilie5 for genwabng income other Corr* resources 42.036 12.741 42,986 29,212 12,741 22.083 1.672 1.672 2,423 Total income and endowment5 56.449 950 57,399 53,718 Expenditure on". Charitable activities 44.375 5,950 50,325 46,181 Total expenditure 44,375 5.950 50.325 46.181 Nel mveffEnls in fvnds 12.074 15.000) 7.074 7,537 Reconclllation of funds Totsi funds brought fonward Total fijnds carried fward 174.291 186,365 5.000 179,291 171,754 186.365 179,291 All ol the cttarity's activitses derlve from continuing operations during the above penods. io
Upfrmt Arts Limitod Company reglstrallon number." i)4547236 Balance Sheet as at 30 September 2021 2020 Flxed Assets Tangibl&Ass8ts 249.207 211.646 CurrentAssets Stocks and work In prcoress Debtors Cash at bank and in hand 350 317 2.445 3.112 120 18,764 17.199 10 Cr•ditors: Amounts lalling due wlthin one year Net curnt liabllitles 11 68.438 62.842 32,355 186,365 179,291 lbIlitieS Creditors: Amounts falllng due aft•r mor• than ong year 12 Nel Assets The funds ofthe R•stricted furbds UTrre$triGted funds Unrestricted IrMe funds 5,000 186.365 174.291 Total tharity fuT For the fnancial year ended 30 September 221. tre Charity was entitled lo exemplton from audil under sedion 477 of the C(Nnpanw Act 2(KA. members not requlred th8 to obtsin an awjit of its accounts for Ihe year in question in acc4)nlan¢e wilh seclirm 476 (* theAcL diredofS ackrwledge their resp)nsbilitJes comptying Ihe requlrements of the Act wrth These actgwjnts have been prepartyj in ac(xxdance wilh the appliCae to companies subieci to the small (x)mparHes regime. Approved by the eoard 2P Jufte 2022 and siw on its behaw by". L Hamilton Trustee
Upfront Arts Limited Notes to the Financial Statements for the Year Ended 30 Septsmber 2021 1. Accounting Policies Summary of signifiunt contn)l ac¢ounting policies and key accounting gstlmates The prinopal accounting pdKies in the preparalK)n of these financial slalements are Sel out below. These policie5 have been wnsistenty applied to al the years PSented. unless olhetwise slated. Statemenl of compllancfr The financial stalemenls have been wepared in accordance with Accounting and Reporting by Charities.. Statement of Recommende(I Practice applicabk to chanlies preparing their accounts in aCcOrdar with the Financial Reportsng Standard applicable in the UK and Republic of Ireland IFRS 102} (effective 1 January 2019) - (Charities SORP IFRS 10211. the Financial Reporting Standard applKable n the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006 Basis of Preparation The charitable company meets the definrtM)n of a publ¢ benefit entity under FRS 103. Assets and liabilities are initially recognised at historKal cost or transaction value unless otherwise Staled in the relevant accounting policy notes. Going concem The contUsng Covhd-19 pandemic the adverse effect of lockd(Mns on the charities ability to carry out pertormances an¢ welcome visitor5 have resulted in lower income from puppet shows, performan5 and puppet sales However. thje to the grants secured from govemment grants and olher organisatsons in the ountIng period and subsequent penod. the trustees feel sufflent funds have been receNed to replace Ihe lost income suffered. Wrilten confirmation was re1ve{l by the trustees to gain assurance that the private loan of £38.220 will not recovered in the following 12 months from the date ol these financial slalements In IvJht of the al)ove assessment. these finanual ststen*nts have been prepared on the going oncem basis. Fund accounting policy Unrestricted income funds are general fvnds that areavailable for use at the trustee's discretion in furtherance of the objectives of the charity Re51ricled ineome funds are thos2 donated for use in a particular area or for specrfK purpose5, the use ol which is reslricled lo thal area or purpose. Further details of each fund are dksclosed in note 15. Income and endowments Donations are recognised when the charity has been notifEd in writing ol both the amount and 5ettternenl dat8 In the event that a donation 15 subject to conditions that require a level of performance by the charity before the charity is entilled to the funds. the income is deferre an¢J not fe¢ognised until either those conditions are fully or the lulfilmenl of Ih05e corK¢ilions is wholly within the control of Ihe charity, and il i8 probable that these condilions will be fvlfilled In the reporb.no period. Legary gifts are recognised on a case-ty-case basis folk)wing the grant of probate when the administralorlexecutOT ft)r the estate ha5 cornmunuted in writin9 bglh the amount and seitlemenl Oale. In the event that the gift Is in the forrn ol an asset other than cash or a financial asset traded on a recognised Stock exchange. recognilK)n is subject lo the value of the gift being reliably measured with a degree of reasonable accuracy and the litle lo the asset havin9 been transferred to the Charity. 12
..conb"nued Shop income and incom8 dgrived Irom events i8 reccJnised as eame(I Ithat IS, 3$ the related goods or serVeS are provided) Expendlture Liabilities are recognised as scon as there rs a legal or conslruclive obligalion committing th8 tharity lo Ihe expenditure. Atl expenditure is accounted for on an accrua15 basis and has been cjassffied under heading5 that aggregate all costs ffjlaled lo the category. Charitable expendrture compnses those costs incycred by the charity in the delivery of 115 acthvitie5 and servfGe5 for its beneficianes. 11 includes l)olh costs that can be allocated directly lo such activities anrj those costs of an indirect nature necessary to support them. Support costs Support costs include central fun¢lions and have been allocated lo activity cost categories on a bas15 con51Stenl with the use of resources. for example, allocating property costs by floor areas, or per capts. staff c03t3 by the lime spent and other costs by Iheii usage. Irrecoverable VAT Irrecoverable VAT is charged against the category of resources expended for which it was incurred. Taxation The charty 1$ considered lo pass the tests set out in par39raptt 1 schedule 6 of the Finance Art 2010 and Iherelofe meets the definibon of a charitable company lor UK ¢orporab"on lax purposes. Accordingly. the charity is potentially exempl from taxation in respect from income or capital gains received within categories wvered by Chapter 3 Part 11 ofthe Corporation Tax Act 2010 or Sects'on 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such inome or gains are applied exclusivety lo charrtable purposes. Fixgd assets IndNidual fixed assets costing £1CKI or more are inib'alty recorded at cost Depreciation Depreciation 15 provided on tangible fixed assets to write off the cost or valuation, less any eslimaled resisJual value. over their exFecled uselul eeonomic life as fgllows.. Land and buiklings Straight line over the refft4ining term of the18ase Plant and Machinery including 10% and 25% reduang balance Motor vehides Ixtures. frtiin9s and equipment 10% and 25% reduong balance Stock Stock is valued at the lower of cost ard nel realisable valve, after due regard for obsolete an 5bw moving stocks Nel realisable value is based on selling price less antscipaled costs ID completiThn and selling costs. Items donated for resale or d15tn"bub"on afe not inclLKled in the financial statements until they are sold or distributed Trad• debtors Trade debtors are amunts due from ¢u5tomors for merthandi$8 sold or services perfarmed in the ordinary cou15e of business. Trade debtor5 are recognised initialty at the transacb'on price They a subsequently measured al amonised cosl using the effective Interest method, le55 provision for impairment. A provision for the impalrnt of trade debtors in estab115hed when there is objective evidence thtl the charity 11 Ml be able to collect all amunts due accoroing lo the original terms ol the rl¥able$. 13
. CDnDnu8d Cash and cash equlvalents Cash and cash equivalents ¢pIse cash on hand and call deposits. and other short-term highty liquid investments that are readily ConVe"bIe lo a known arnounl of cash and arg subject lo an insignfficant risk of change In value. Llabilities Trade credilots afe obligalions to pay for gcK)d$ and servKes that have been acquired in the ordinary course of bvsiness from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditsonal right. al the end of the a¢countsng period, lo defer settlemenl of the creditor for al least fvlelve months after the reporting ijale. If there is an unconditional n9ht lo defer settlement for al least ts¥el¥e month5 after the reporting date. they are presented as non-current liabililbe$". Trade creditors are recognised initially al the transacb.on priee and subsequentty measure al amortiEed c05t Ustng the effectNe interest method. FSnaneial Instruments Financial assets and financial liatx"lities are recognised when the charity becomes a party to Ihe contractual provhsions of the instrument. Financkfjl li8bilikn.es and eqLtity inslfument$ arg classilie(l accotding to the substsnce of the contractual arrangement entered into. An equity instrument is any contract that evidences a residual interested In the assets of the Gharity after (leducting all of Its liabilities All financial assets and lbilItieS are initially measured al transaction pr¢e (including transaction costsl, except for those financral assets classifBd as at fair value through profil or loss, which are initially measured at fair value Iwhth is nomially the transaction price excluding transaction costs). unless the arrangement constilules a financing Iransaction. If an arrangement conslilules a financing transaction. the ftnancial asset or financial liability Trs Measu al Ihe present value of the lulU payment5 discountett al a market rate of interest for a similar debt instrument 2. Don4t10 and legacle8 Unrestrlcted Funds Restricted Funds Total Funds 2021 Total Funds 2020 DoTratlons •nd legacigs Appeals and donations 533 533 312 Granls UK government grants Grants- other agencies 39.403 39,403 10.000 2,100 950 3,050 18.900 41.503 950 42,453 28.900 42.036 950 42,986 29.212 Afi the donaltons and legxte5 income in 2020 related lo uftrestn"¢ted income. 14
.. continued 3. Activities for genefatlftg funds Unrestrfcted Funds Restricted Funds Total Funds 2021 Total Fund3 2020 Puppet and merchandise sales Refreshment sales 2,066 1.956 1,287 656 656 Puppet shows and Gonrts Workshops Room Hire 9.008 9.008 17,615 350 350 1.225 660 12,741 12,741 22.083 All other trading xlNlties Inwme In 2020 reL3ted to unresthcted fvnds. 4. Other In¢oming resource5 Unrestricted Rfjstricted Funds Funds Total Funds Total Fund$ 2021 2020 Other income 1.672 1.672 2.423 1,672 1,672 2,423 All Other incont erVed in 2020 related lo unrestricted fvnd$. 15
..continued 5. Exppnditure Charltable activities Totsl Tot•1 2021 2020 Dlrect costs Materials 3.459 3,459 5,768 771 Refreshment purchas Workshop costs Puppet and merchandise purchases Puppeteer Costs Research and travel 8XPgnses Insurance 673 673 55 534 534 1.185 4.128 4,128 6,316 1.100 3.021 3.021 3.356 Repairs and lenedL% Postage, stationery and adverttsing Tra¢le subscriptions Sundry expenses Consultancy fees 1.769 1,769 2,413 1.372 1.372 3.543 448 474 64 195 16.114 16,114 25.176 Support Cts Accountsncy Fees Independent examinerfs lee Bank charges Loan interest 2.430 2.430 2,253 650 650 630 536 536 982 600 600 975 Irrecoverable VAT 10.570 10,570 Depre¢iabOft 19.426 19.426 15,165 34,211 34,211 21.005 50.325 50.325 46.181 All of the gxpendilure in 2020 related lo UnStrICted funds 6. Governance costs 2021 2020 Accountancy fees Independenl examine¢s lee 2.430 2.253 650 630 3,080 2.883 16
..ntinUed 7. Tru8tee'$ remuneration •nd expenses No Iruslee5 receNed any remuneration and expenses during Ihe year. Net Inct)mel{expend5turel Net 1ncomellexpendituI is stated after ch*ging.' 2021 2029 Depreciation of tangible fixed assets 19,426 16,574 19,426 16.574 9. Tangible Ilxed assets Leasehold prOrtY Plant and machinery Including Motor vehKI8s Flxtureg. rIng$ and •quipment Total Cost As at 1 October 2020 394.151 40,451 78.491 513,093 Addiknons 54.552 250 2,184 56,986 As al 30 September 2021 448,703 40,701 80.675 570,079 Dgpreclation As 311 October 2020 219.592 30,475 51.380 301,447 Charge fof the year at 30 SeptembpJ 2021 15,879 235,471 1,036 2.511 19,426 31,511 53,891 320.873 Not book value As ai 30 September 2021 As al 30 September 2020 213.232 9,191 26,784 249,207 174,559 9.976 27.111 211,646 17
..continu8d 10. Dgbtors 2021 2020 Other debtors 317 3,764 Prepayments and accwed inGovT 15.000 317 18,764 11. Credltor5: Amounts falllng Oue wllhin ¢)ne year 2021 2020 Bank kians and overdrafts Trade creditors 650 6.358 Other creditors 62.313 59.720 Accruals and deferred incoff 2.990 2.360 65,953 2,883 .12. Creditors: Amounts falling due after more than one year 2021 2020 Other creditors 13. Members Ilability The charity is a private company Iimiled by gu8rantee and consequently does not have sha capFlal. Eath ol the members is liable lo contnbute an amunt not exceeding £10 towards the assets of the charity in the event ol Ivjuidalion. 14. Related partles Controlling entlty The charty Is controlkd by the trustees who are all directors of the company. 18
..conlinued 15. Analys1$ of ltsnds Asat1 October 2020 Incomg resources Re50urces expended At30 September 2021 Geral Funds Unrestricted inco* fund 174291 56,449 {44,375) 786,365 R•strfctgd funds Restricted 5.000 950 15.9501 150,3251 179,291 57,399 186.365 Prfor porlod Asat1 October 2019 Income Re¥ource¥ expendtd At30 S•ptember 2020 General Funds . unreSt¢1ed income fLSfKI 166.754 53,718 146,1811 174,291 Re8trlct•d fund3 Youth Theatre 5,000 171,754 53.718 (46.1811 179,291 19
..conlinued 16. Net assets by fund Unrg$tri¢tgd Funds Restricted Fund8 Total Funds Total Funds 2021 2020 Tangible assets Current assets 249,207 249,207 2,881 211.646 2.881 36,083 Creditors.. Amounts falling due within one year Codilors.. Amounts tslling due after more than one year 165.954) 165,954) 168,438 Nel assets 186.134 186.134 179,291 Prior Period UnrestFlded Funds Resirfcted Funds Total Funds 2020 Total Funds 2019 Tangible assets Current assets 211.646 31,083 211,646 36,083 225.472 6.298 Creditors.. Arrnunls falling ue within one year Creditors.. Amounts falling due after more than one year (68.4381 168,4381 158,5161 (1.5001 Nel as5els 174,291 5.000 179,291 171.754 20