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|Directors/Trustees:|Directors/Trustees:|Tony Wadsworth
(Chairman)|Tony Wadsworth
(Chairman)|Tony Wadsworth
(Chairman)|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||Sian Alexander|||||||||||||||
|||Jonathan|Badyal (appointed||on||09/06/2021)||||||||||
|||Melvin
Berm|||||||||||||||
|||John Enser|||||||||||||||
|||Neil Johnston||(Company
Secretary)|||||||||||||
|||David Joseph|||||||||||||||
|||Professor|Diana Liverman||||||||||||||
|||Farhana|Yamin||||||||||||||
|Key Management||Personnel:|||||||||||||||
|||Alison Tickell - Chief Executive||||Officer|||||||||||
|||Natalie
Highwood
- Managing||||Director|||||||||||
|||Chiara Badiali||- Music Lead|||||||||||||
|||Sylvia Cantino||- Finance Manager||||(Freelance)|||||||||
|||Paul Griffiths - Digital Product||||Lead (from January||||||2021)|||||
|||Victoria|Sword-Daniels
—Arts||||Council||and||Policy|Progr.|Lead|(from|November|2021)|
|||Graciela|Melitsko Thornton —Creative||||||Green||Programme||Lead||||
|||Laura Pando -||Managing
Director||||(resigned||22 November|||2021)||||
|Chief Executive:||||Alison Tickell|||||||||||||
|Registered|Office:|||Somerset House|||||||||||||
|||||South Wing|||||||||||||
|||||Strand|||||||||||||
|||||London|||||||||||||
|||||WC2R 1LA|||||||||||||
|Company|Number:|||06040585 (England||||and|Wales)||||||||
|Charity Number:||||1153441|||||||||||||
|Auditors:||||Azets Audit Services, Chartered|||||||Accountants||||||
|||||Floor, Regis||House|||||||||||
|||||45 King William||Street|||||||||||
|||||London|||||||||||||
|||||EC4R 9AN|||||||||||||
|Banks:||||HSBC pic|||||||Triodos Bank||||||
|||||108 London Road|||||||Deanery||Road||||
|||||Headington|||||||Bristol||||||
|||||Oxford|||||||BS1SAS||||||
|||||OX3 9AP|||||||||||||
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|||Unrestricted|Designated|Restricted|||
|---|---|---|---|---|---|---|
|||Funds|Funds|Funds|Total Funds|Total Funds|
|||2021-22|2021-22|2021-22|2021-22|2020-21|
||Notes|f|f|f|f|f|
|INCOME FROM:|||||||
|Donations||21,816||51,281|73,097|71,036|
|Charitable
activities||815,516||729,773|1,545,289|978,065|
|Other trading
activities||15,000||1,275|16,275|55,750|
|Investments||416|||416|1,090|
|Other Income||||||22,178|
|Total income||852,748||782,329|1,635,077|1,128,119|
|EXPENDITURE ON:|||||||
|Raising funds||29,187|||29,187|35,894|
|Charitable
activities:|||||||
|Sustainable
Creative Practice|7|558,048|33,015|56,366|647,429|531,663|
|Knowledge
and Skills|7|107,421|23,172|87,651|218,244|68,388|
|Policy, advocacy and campaigns|7|36,924|3,917|610,656|651,497|149,887|
|Total expenditure||731,580|60,104|754,673|1,546,357|785,832|
|NET INCOME/(EXPENDITURE)|7|121,168|(60,104)|27,656|88,720|342,287|
|TRANSFERS BETWEEN FUNDS|12/13|(6,587)|5,232|1,355|||
|NET MOVEMENT
IN FUNDS||114,581|(54,872)|29,011|88,720|342,287|
|RECONCILIATION
OF FUNDS:|||||||
|Total funds
brought
forward at 1April||268,244|182,509|331,872|782,625|440,338|
|Total funds carried forward at 31March||382,825|127,637|360,883|871,345|782,625|
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||||||Unrestricted|Designated|Restricted||Total|
|---|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Funds|Total Funds|Funds|
||||||2021-22|2021-22|2021-22|2021-22|2020-21|
|||||Notes|E|E|E|f|E|
|FIXEDASSETS||||||||||
|Investments||||||||||
|Total fixed assets||||||||||
|CURRENT ASSETS||||||||||
|Debtors||||10|399,755|||399,755|212,410|
|Cash at bank and in|hand||||303,885|127,637|360,883|792,405|807,695|
|Total current assets|||||703,640|127,637|360,883|1,192,160|1,020,105|
|LIABILITIES||||||||||
|Creditors: amounts|falling due within||one year|11|(320,816)|||(320,816)|(237,481)|
|Net current assets|||||382,824|127,637|360,883|871,344|782,624|
|Total assets less current||liabilities|||382,825|127,637|360,883|871,345|782,625|
|Total net assets|||||382 825|127637|360p883|871~345|782p625|
|FUNDS OF THE CHARITY||||||||||
|Restricted
funds||||12|||360,883|360,883|331,872|
|Unrestricted
funds:||||13||||||
|General
funds|||||382,825|||382,825|268,244|
|Designated
funds||||||127,637||127,637|182,509|
|Total charity funds|||||382,825|127,637|360,883|871,345|782,625|
|||||||||Notes|2021-22|2020-21|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||f|f|
|Cash flows from operating||activities|||||||||
||Net cash provided
by/used
in operating
activities||||||||(15,705)|377,595|
|Cash flows from investing||activities|||||||||
||Dividends,
interests
and rents from investments||||||||416|1,090|
|Cash flows from financing||activities|||||||||
|Change
in cash and cash equivalent
in the reporting|||||period||||(15,289)|378,685|
||Cash and cash equivalents
at the beginning||of|the reporting|||period||807,695|429,010|
||Change
in cash and cash equivalents
due to||exchange|||rate movements|||||
|Cash|and cash equivalents|at the end ofthe reporting|||period||||792,406|807,695|
|(a)|RECONCILIATION
OF NET INCOME/(EXPENDITURE)||||TO NET CASH FLOW|||FROM OPERATING ACTIVITIES|||
||||||||||2021-22|2020-21|
||||||||||f|f|
||Net income/(expenditure)
for the reporting|||period|||||88,720|342,287|
||Adjustments
for:||||||||||
||Dividends,
interests|and rent from investments|||||||(416)|(1,090)|
||Loss/(profit)
on the|sale of fixed assets|||||||||
||(Increase)/decrease|in debtors|||||||(187,345)|(11,454)|
||Increase/(decrease)|in creditors|||||||83,336|47,852|
||Net cash provided
by|operating
activities|||||||(15,705)|377,595|
||||||||||2021-22|2020-21|
|(b)|ANALYSIS OF CASH AND CASH EQUIVALENTS||||||||f|f|
||Cash in hand||||||||21|21|
||Notice deposit (less|than 3 months)|||||||792,384|807,674|
||Total cash and cash equivalents||||||||792,405|807,695|
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|2|DONATIONS|DONATIONS|||||Notes|Unrestricted|Restricted|Tota I|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2021-22|2021-22|2021-22|2020-21|
|||||||||E|f|f|f|
||Donations|||||||21,816|51,281|73,097|71,036|
||In 2020-21,f30,131ofthe total income from donations|||||||was attributable|to the unrestricted|fund, and the|remaining|
||f40,905 was attributable||||to|the restricted fund.||||||
||(aj|Analysis|of Donations|||Received||Unrestricted|Restricted|Total|Total|
|||||||||2021-22|2021-22|2021-22|2020-21|
|||||||||||f|f|
|||Music Declares Emergency|||||||41,281|41,281||
|||P N Quicke|||||||10,000|10,000|32,000|
|||Universal|Mus ic|||||20,000||20,000|20,000|
|||Reliable|Source|||||1,000||1,000||
|||Living Green Ltd t/a|||Music Declares Emergency|||500||500||
|||Sam Thomason||||||250||250||
|||Various|donations|to core costs||||66||66|131|
|||Warner|Music||||||||7,000|
|||Domino|Recording||Company||||||3,000|
|||Involved|productions||||||||3,000|
|||Beggars|Group
Ltd||||||||2,500|
|||Nicolai Tangen|||||||||2,000|
|||Dane Chantala|||||||||1,000|
|||Various|donations|to Powerful|||Thinking||||255|
|||Various|donations|to Music Declares Emergency|||||||150|
|||||||||21,816|51,281|73,097|71,036|
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|||||||Y|E|AR ENDING 31MARCH 202|2||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Analysis|of Primary||Purpose|Trading|||||Unrestricted|Restricted|Total|Total|
||||||||||2021-22|2021-22|2021-22|2020-21|
|||||||||||E|E|E|
|Arts Council||England|||||||260,099||260,099|260,446|
|Creative Green|||Consultancy,||Certification,||Licensing Tools and Partnership||492,655|500|493,155|239,880|
|Other|||||||||15,560|4,587|20,147|9,331|
||||||||||768,314|5,087|773,401|509,657|
|Accrued|Income|b/f|||||||||||
||Arts Council||England||||||||||
||Creative|Green Consultancy,||||Certification,||Licensing Tools and Partnership|(1,100)||(1,100)|(20,089)|
|Deferred|Income|b/f|||||||||||
||Arts Council||England||||||55,966||55,966|4,516|
||Creative|Green Consultancy,||||Certification,||Licensing Tools and Partnership|48,995||48,995|36,259|
|Accrued|Income|c/f|||||||||||
||Arts Council||England||||||||||
||Creative|Green Consultancy,||||Certification,||Licensing Tools and Partnership|14,828||14,828|1,100|
|Deferred|Income|c/f|||||||||||
||Arts Council||England||||||(49,000)||(49,000)|(55,966)|
||Creative|Green Consultancy,||||Certification,||Licensing Tools and Partnership|(94,885)||(94,885)|(48,995)|
|Total income from primary||||purpose||trading|||743,118|5,087|748,205|426,482|
##
|OTHER TRADING ACTIVITIES|Note|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||2021-22|2021-22|2021-22|2020-21|
|||E|E|E|E|
|Sponsorship|a|15,000|1,275|16,275|55,750|
|||15,000|1,275|16275|55750|
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|OTHER INCOME|OTHER INCOME||||||Note|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2021-22|2021-22|2021-22|2020-21|
|||||||||f|f|f|f|
||Coronavirus|Job Retention|||Scheme grant||||||22,178|
|Total Other income|||||||||||22,178|
|In|2020-21, the total amount|||of|other income forf22,178||was from unrestricted
funds|||||
||||||||||Support|||
||7
ANALYSIS OF TOTAL|||EXPENDITURES|||||costs:|||
|||||||Notes|Staff costs|Direct costs|overheads|Total|Total|
||||||||2021-22|2021-22|2021-22|2021-22|2020-21|
||||||||f||f|f|E|
||Raising funds||||||20,107||9,080|29,187|35,894|
||Charitable
expenditure|||||||||||
||Sustainable|Creative|Practice|||b|337,614|113,823|195,992|647,429|531,663|
||Knowledge|and Skills||||c|91,420|85,541|41,283|218,244|68,388|
||Policy, advocacy and||campaigns|||d|193,060|414,787|43,650|651,497|149,887|
||Total expenditure||||||642,201|614,151|290,005|1,546,357|785,832|
|||||||Notes|Restricted|Unrestricted|Designated|Total|Total|
||||||||2021-22|2021-22|2021-22|2021-22|2020-21|
||||||||f|f.||f|f|
|(a)|Raising funds|||||||||||
||Salaries|||||||20,107||20,107|23,754|
||Direct costs|||||||||||
||Support costs: overheads|||||||9,080||9,080|12,140|
|||||||||29,187||29,187|35,894|
|(b)|Sustainable
Creative Practice|||||||||||
||Salaries||||||15,781|304,775|17,058|337,614|358,559|
||Direct costs||||||9,539|104,284||113,823|65,325|
||Support costs: overheads||||||31,046|148,989|15,957|195,992|107,779|
||||||||56,366|558,048|33,015|647,429|531,663|
|(c)|Knowledge
and|Skills||||||||||
||Salaries||||||52,405|31,498|7,517|91,420|38,373|
||Direct costs||||||28,707|56,834||85,541|18,481|
||Support costs: overheads||||||6,539|19,089|15,655|41,283|11,534|
||||||||87,651|107,421|23,172|218,244|68,388|
|(d)|Policy, advocacy and campaigns|||||||||||
||Salaries||||||190,393||2,667|193,060|80,606|
||Direct costs||||||413,349|1,438||414,787|45,052|
||Support costs: overheads||||||6,914|35,486|1,250|43,650|24,229|
||||||||610,656|36,924|3,917|651,497|149,887|
##
|Analysis of Salaries, Employees|and Key Management|Personnel||
|---|---|---|---|
|||2021-22|2020-21|
|||E|E|
|Salaries||554,785|433,862|
|Social security costs||54,263|41,201|
|Pensions||33,153|26,229|
|||642,201|501292|
##
##
|lysis ofSupp|ort
Costs|||||||
|---|---|---|---|---|---|---|---|
||||||Notes|2021-22|2020-21|
|||||||E|f|
|Staff welfare,|recruitment||and training|||13,796|5,793|
|Legal and professional||fees||||111,974|29,974|
|Fundra ising|||||||5,000|
|Premises||||||21,278|24,236|
|Marketing||||||17,982|11,353|
|Office costs||||||29,211|18,393|
|Governance|and compliance|||||5,400|5,000|
|Bank charges|and other||financial|costs||76,910|55,782|
|Travel and subsistence||||||13,454|151|
|Total||||||290,005|155,682|
##
|2022-22|2020-21|
|---|---|
|f|f|
|Shares
in|wholly owned||
|---|---|---|
|subsidiary|undertaking|at cost|
##
|S||||
|---|---|---|---|
|||2021-22|2020-21|
|||f|f|
|Trade debtors||360,011|201,090|
|Bad debt reserve|||(10,342)|
|Prepayments|and accrued income|33,771|15,689|
|Rent deposit||5,973|5,973|
|||399,755|212410|
##
||||2021-22|2020-21|
|---|---|---|---|---|
||||E|f|
||Trade creditors||83,738|38,848|
||Accrua Is||38,154|27,462|
||Deferred income||143,885|104,961|
||Other Creditors||175||
||VAT payable||36,394|53,806|
||Taxes and social security||18,470|12,404|
||||320,816|237,481|
|(a)|Deferred
Income|reconciliation|2021-22|2020-21|
||||f|f|
||Brought forward at 1st April||104,961|40,775|
||Amounts
released to income||(70,365)|(40,775)|
||Additions
during the year||109,289|104,961|
||Carried forward|balance at 31st March|143,885|104,961|
|RES|TRICTED FU|NDS - CU|RRENT YEAR
N|ote||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||||At|
|||||At|1st|Incoming|Resources|Transfers|31st March|
|||||April 2021||Resources|Expended|In/(Out)|2022|
||||||f|f|f|f|f|
||Grants,|donations|and sponsorship||331,872|782,329|(754,673)|1,355|360,883|
||||||331,872|7S2,329|(754,673|1,355|360,S83|
||||||At||||At|
||||||1st April|Incoming|Resources|Transfers|31st March|
|(a)|Restricted|funds - prior year|||2020|Resources|Expended|In/(Out)|2021|
||||||f|f|f|f|f|
||Grants,|donations|and sponsorship||42,067|484,888|(197,273)|2,190|331,872|
||||||42,067|484,888|(197,273|2,190|331,872|
##
##
|ESTRICTED FUN|DS|- CURRENT|YEAR|Notes||||||
|---|---|---|---|---|---|---|---|---|---|
||||||At||||At|
||||||1st April|Incoming|Resources|Transfers|31st March|
||||||2021|Resources|Expended|In/(Out)|2022|
|Designated
funds|||||E||E|E|E|
|Redundancy|and notice period fund|||a|52,509|||5,232|57,741|
|Organisational||development|fund|b|130,000||(60,104)||69,896|
||||||182,509||(60,104)|5,232|127,637|
|General funds|||||268,244|852,748|(731,580)|(6,587)|382,825|
|Total unrestricted||funds|||450,753|852,748|(791,684)|(1,355)|510,462|
##
|||2021-22|2020-21|
|---|---|---|---|
|||E|E|
|Less|than one year:|20,563|20,207|
|Two|to five years:|6,122|26,499|
|Over|five years|||
|||26,685|46,706|
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