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2021-03-31-accounts

Restricted Unrestricted Total Funds Restricted Umestricted Total Funds
Note Funds Funds 2021 Funds Funds 2020
INCOME RESOURCES
Incoming resouces &om general@ fimd
Voluntary
income - Grants and Donations
76,644 150,430 227,074 62,839 12,321 75,160
Cbaribhle Activities
Activities forg~ funds
Other Incoming Resource
25,931 32,654
5,299
32,654
31430
111,912
47,625
23,140
111912
47,625
23,140
TOTAL INCOME RESOURCES 2 102,575 188383 290,958 62,839 194,998 257,837
RESOURCES EXPENDED
Charitable Activities 3 60,850 111,179 172,029 109,635 223,808 333,443
TOTAL RESOURCES EXPENDED 60,850 111,179 172,029 109,635 223,808 333,443
NKT INCOME / (EXPENDITURE) 41,725 77,204 118,929 (46,796) (28,810) (75,606)
FUND BALANCES at 31stMarch 2020 17,446 (7,883) 9,563 64,242 20,927 85,169
FUND BALANCES at 31stMarch 2021 9f 59,171 f. 69,321 8 128,492 8 17,446 8 (7,883) g 9463
New Future Collective Ltd New Future Collective Ltd Page 14
(Limited by Guarantee)
Balance Sheet
For the year ended 31stMarch 202Ii
2021 2020
FIXEDASSETS
Equipment
(note 7)
4,180
CURRENT ASSETS
Debtors and Prepayments
(note
5) 32315 38,034
Cash atbank and in hand 112,330 (2,514)
144,545 35,520
CURRENT LIABILITIES
Creditors - Amounts
falling due
within
one year (note 6)
(22,713) (30,137)
EXCESSOFCURRENT ASSETS OVER CURRENT LIABILITIES 121,832 5,383
EXCESSOFASSETSOVER LIABILITIES C 128,492 e 9,563
Represented
by:
INCOME AND EXPENDITURE ACCOUNT
/ GENERAL FUND
69,321 (7,883)
RESTRICTED FUNDS (note 4) 59,171 17,446
TOTAL CHARITY FUNDS 128,492 r. 9,563

New Future Collective Ltd Page 15
(Limited by Guarantee)
Income and Expenditure
Account
For the year ended 31stMarch 202il
INCOME FROM CHARITABLE ACTIVITIES INCOME FROM CHARITABLE ACTIVITIES
2021
SKLFWKNKRATED INCOME
EARNED INCOME
BoxOflice 80,806
BarIncome 7,875
Commhstloned
Services
Southbank
Centre (Summer Festival)
10,000
Soulhbank
Cenlre (One Last Dance)
10,000
Museum ofLondon 3,128
London Borough ofHackney 3,742
Disco Loco 4,807
Hackney - Futumheads 4,400
Kings Crescent - Disco Loco Magazine 1,050 5,450
FEESRECEIVABLE
Burgerz - Virtual Residency 3,410 27,625
Abbey Theatre Workshop Oisin McKenua 4955
Brighton Festival 3,000
Emerson College (One Last Dance) 3,577
Gallery Residency - Travis Alabanrn 1/50
Reimbursed
expenses
16,192 4,287
Studio Hires 1,531 4467
Donations 335 8,321
Sundry Income 4,162 3,000
TOTAL TO PAGE 15a 27,670 c 167,858
New Future Collective New Future Collective Ltd Page 15a
(Lifnited by Guarantee)
Income and Expenditure Account
For the year ended 31stMarch 2021
INCOME FROM CHARITABLE ACTIVITHIS continued
2021
GRANTS RECEIVABLE
SELF~RATED INCOME (seepage 15) 27,670 167,858
Arts Council England, London
-Burgerz 36,118
'on Development 12,788
-Legends OfThem 13,933
-Culture Recovery Fund (Round one) 107,951
-Emergency Fund (Non NPO) 34,644
British Council 4,000
The National Lottery Community
Fund Awards ForAll
9,922
Butterfly Trust 7,500
Young Londoners
Commumty
Fund
M,000
The London Borough ofHackney
- Cultund
Development
1,000
-HMRC Joh Retention Scheme 25931
Theatre Tax Credit 2019-2020 5499 23,140
Over Pmvision
on Accruals 2019-2020
5,316
TOTAL INCOME FORTHK YEAR 249~3 f 257,837
TOTAL EXPENDITURE FORTHEYEAR 172,029 333,443
f 77/04 f (75,606)
INCOME AND EXPENDITURE APPROPRIATION ACCOUNT
Accumulated
Surplus
/ Deficit at 1stApril 2020
(7,883)
ExcessofIncome over Expenditure
for the year ended 31stMarch
2021 7'/,204
BALANCE SHEETat31stMarch 2021 69321

2021
PRODUCTION COSTS
Fees
-Actors and Stage Management 68,693
-Pmduction
Manage
5,750
-Pmducer 6,015
Designers, Writers snd Fees 43,880 43,383
Set,Pmpcrties, Costunm and Lighting 63,240
Uenue Hire (Stoke Newhrgmn Town Hall) 8,333
BoxOtiice Settlements 3,488
Play Text Costs 1,344
BarStock 3,655
Front ofHouse and Barstair costs 5,850
Advertising
Marketing
Costs 5,687 ~09
Travel and Subsistence 421 12,846
Sundry Produchon
Costs
2,530 8,937
8 56,382 6 253,743
OPERATING COSTS
Salaries 75,989 55,001
National
Insurance
7,187 5,365
Pension Contributions 2,720 2,462
Consultancy 5382
Premises Cost 9,071 4,912
Insunmm 1,627 1,653
Postage, Stationery and Computer Costs 772 867
Subscriptions 1,196 342
Bookkeeping
/ Accountancy
4@31 2,153
Sundry Costs 2,165 3,052
4 110340 6 75,807
PROFESSIONAL / FINANCIAL
Accountancy
and Idependcnt
Examination 2400 2,500
Depreciation 2,807 1,393
5,307 3,893
TOTAL EXPENDITURE FORTHEYEAR 172,029 333,443

New Future Collective Ltd Page 18
(Litnited by Guarantee)
Notes to the Financial Statements
For the
ear ended 31stMarch
2021
e 2 Unrestricted Total Fuads Restricted Unrestrictcd Total Funds
Funds 2021 Funds Funds 2020
Arts Council England - Cultural Recovery Fund 107 rt51 107,951 36,118 36,118
Arts Council Enghmd - Emergency Rcsponm Fund 34,644 34,644
Arts Council England -
Arts Council~-
The Legends ofThem Rdt D2
Burgerz Brazil
14,844 14,844
Arts Council Enghmd - Legends ofThem Rd:Dl 13,933 13,933
Arts Council Enghmd - Organisadon Development 12,788 12,788
British Council - Burgerz 4,000 4,000
British Council -
Australia
Young Londratcrs
Fund (Landon Community~Fund)
22,878
24,000
22,878
24,000
Tbe National
Lottery Community
Fund Awards Far All 9,922 9,922
Butterlly Trust 7,500
Idlewnd Trust 4,000 4,000
Landon Borough Hackney - Cultural Development 1,000 1,000
Donations 335 335 8,321 8,321
TOTAL 76,644 150,430 227,074 6?„839 12,321 75,160
Incoming Recourses from Charitable Acuvltics
Cammissioned
Services
20,541 20~1 11,677 11,677
Tbeatm snd Studio Programme 2,781 2,781 - 4467 4/67
Hackney Shovmxm - Theatre and Studio Pmgmmme 88,681 88,681
Sundry Income 9,332 9,332 7,287 7~7
TOTAL 32,654 32,654 111,912 111/12
Acuvttica for geacratlng funds
Wcrhshops
cnd Events
47625 47625
Tbeaue Tsx Credit 5,299 5,299 23,140 23,140
HMRC Job Rentention 25 931 25 931
TOTAL INCOMING RESOUCES 102,575 8 188,383 K 290,958 8 62,839 8 194,998 X 257,837

R stricted U restricted Total Funds Unrestricted Total Funds
Funds Funds 2021 Funds 2020
Charitable Activities
Direct activities costs 29~2 36,758 65,990 56,012 175,522 231434
Advertismg,
Publicity
and Marketing 5,687 5,687 22309 22,209
Statf Salary Costs 25,931 50,058 75989 31,414 31,414 62,828
Depreciation 2,807 2,807 1393 1393
Other Support Costs - Administration,
overheads
etc
Legal and Pmfessional
Costs 60,850 6 19,056
2~
111,179i
19,056
2400
172,029
6 109,635 g 12,979
2400
223,808 K
12+79
2400
333,443

Brought Incoming Outgoing
Forward Resources Resources
2020 2021
Arts Council -~on Grant 5,441 5,441
Arts Council - The Legends RdtDI 12,005 12,005
Arts Council - The Lcgcnds RdtD2 14,844 14,844
British Council - Burgefz - Australia 22,878 22,878
Young Londoners Fund 24,000 12,158 11,842
The National
Lottery - Awards For all
9,922 4,315 5,607
Idlewild Trust 4,000 4,000
HMRC Job Retention Scheme 25 6131 25,931
L.B.Hackney - Cultural Development 1,000 1,000
f. 17446 f. 1D2575 f 66185D 6 59171
5 Debtors and Prepayments
2021 2020
Trade Debtors 1/36 13,351
Prepayments
and accrued income
5,020 111
Grants due 24v279 3,572
Other Debtors 21,000
HMRC VAT 1386
3?,215 E 38,034
2023 2020
Tmde Creditors 1,115 3,397
Other Credttom -
PAYB / Pensions
5,517 2,462
VAT 2,629
Sundry Credits 250
Accruah
Income received in advance
14,706
~325
13,022
8627
22„713i 30,137

8 Staff Staff Staff
The average number ofpersons employed full time by the company was 4(2020 - 2).
2021 2020
Salaries 75989 55,001
National
Insunmce
7,187 5,365
Pension Fund Contributions 2720 2662
83836 8 62828
Total remuneration ofkcy management personnel in the year was S 75 tt89 f 55,001
9 Fund Balances
General Restricted 2021 2020
Fend Funds Total Funds Total Funds
Fixed Assets 6,660 6,660 4,180
Net Current Assets 85,374 59,171 144~5 35,520
Net Cunent Liabilities ~22,733 (22,713) (30,137)
Fund Balance 31stMarch 2021 S 69321 6 59,171 1Z8,492 6 9,563