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|CONTENTS|PAGES|
|---|---|
|Report ofthe Trustees|1-5|
|Reference &Administrative
Information||
|Independent
Examiner's
report to the Trustees||
|Statement
ofFinancial Activities||
|Balance sheet||
|Notes to the financial statements|to- t8|
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|||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|
||Note|Fundsf|Funds
f|2021
f|2020
f|
|Income from:||||||
|Donations
and legacies||107,389|3,900|111,289|160,708|
|Charitable
activities||12,437||12,437|89,861|
|interest receivable|||||33|
|Total income||119,833|3,900|123,733|250,602|
|Expenditure
on:||||||
|Charitable
activities||115,578|3,900|119,478|258,941|
|Total expenditure||115,578|3,900|119,478|258,941|
|Net income/(expenditure)||4,255||4,255|(8,339)|
|Transfer between funds|14|||||
|Net movement
in funds||4,255||4,255|(8,339)|
|Total funds brought forward|14|26,828||26,828|35,167|
|Total funds carried forward|14|31.083||31,083|26,828|
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|At 31 MARCH202|1||||
|---|---|---|---|---|
||||Company
number:|07300739|
|Fixed assets||Note|2021f|2020f|
|Tangible fixed assets|||407|439|
|Current assets|||||
|Debtors
Cash at bank and in|hand|12|5,969
79,776|20,089
33,602|
|Current assets|||85,745|53,691|
|Creditors: Amounts|falling due within one year|13|(55,069)|(27,302)|
|Net current assets|||30,676|26,389|
|Net assets|||31,083|26,828|
|Funds|||||
|Restricted funds||15|||
|Unrestricted
Funde|||||
|Designated
funds||15|6,328|6,328|
|General funds||15|24,755|20,500|
||||31,083|26,828|
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|Donations
and leg|acies||||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|
|||||Fundsf|Funds|2021f|
|Grants receivable
Coronavirus
Job Retention Scheme||||102,431
4,958|3,900|106,331
4,958|
|||||107389|3900|111289|
|Prior year comparative||||Unrestricted|Restricted|Total Funds|
|||||Fundsf|Funds
f|2020
f|
|Grants receivable||||125,725|34,983|160,708|
|||||125,725|34,983|160,708|
|Income from charitable||activities|||||
||||Unrestricted|Restricted|Total Funds|TotalFunds|
||||Funds
f|Funds
f|2021f|2020f|
|Performance fees|||3,100||3,100|85,420|
|Project management|fees||9,337||9,337|4,441|
||||12437||12,437|89,861|
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|Expenditure
on charitable
activities||||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2021|
||6|6|6|
|Wages and salaries
Artists fees
Workshop leader
Subcontract costs|63,027
19,138
400|200
2,400|63,027
19,338
2,400
400|
|Use of residence as office|796||796|
|Telephone
Post and stationery
Advertising
8 Marketing
Design and printing|926
197
933
627|1,000
300|926
197
1,933
927|
|insurance
Computer
repairs 5 maintenance|3,267
729||3,267
729|
|Licences and subscriptions
Sundry expenses|1,078
304||1,078
304|
|Depreciation|578||578|
|Website development
Bank charges|5,687
110||5,687
110|
|Accountancy
costs|1,981||1,981|
|Equipment
hire|11,956||11,956|
|Training
Governance
costs (note 5)|2,509
1,335||2,509
1,335|
||115,578|3,900|119,478|
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|Expenditure
on charitable
activities|(continued)||||
|---|---|---|---|---|
|Prior year comparatives|||||
|||Unrestricted|Restricted|Total Funds|
|||Fundsf|Fundsf|2020f|
|Wages and salaries
Artists fees
Workshop
leader
Use ofresidence as office
Telephone
Post and stationery||56,331
90,641
5,450
1,274
911
149|17,150|56,331
107,791
5,450
1,274
9'!1
149|
|Advertising
& Marketing
Design and printing
Travelling
and subsistence
Accommodation
Insurance
Computer
repairs &maintenance
Llcences and subscriptions||2,837
2,218
26,944
10,542
3,116
806
354|900
1,342
1,845
3,413|3,737
3,560
28,789
13,955
3,116
806
354|
|Sundry expenses||202||202|
|Depreciation||196||196|
|Website development||614||614|
|Entertainment||190||190|
|Bank charges||391||391|
|Accountancy
costs||1,464||1,464|
|Equipment
hire||17,473|10,333|27,806|
|Training||172||172|
|Governance
costs (note 5)||1,683||1,683|
|||223,958|34,983|258,941|
|Governance costs|||||
||Unrestricted|Restricted|Total Funds|Total Funds|
||Funds|Fundsf|2021f|2020
f|
|Independent
examiner's fees
Trustees'
meeting expenses|1,335||1,335|1,300
383|
||1,335||1 335|1,683|
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|Staf costs|||||
|---|---|---|---|---|
|The total staff costs were as|follows:||2021|2020
8|
|Wages and salaries
Social security costs
Other pension costs|||56,901
96
6,030|50,457
1,074
4,800|
||||63,027|56,331|
|The average number ofemployees||during the year was as follows:|Total|Total|
||||2021|2020|
|Average number (headcount)|ofemployees||3.0|3.0|
|No employee
received remuneration||ofmore than f60,000 during the year|(2020: Nil)||
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|Net income/(expenditure)
for the year|||
|---|---|---|
||2021|2020|
|This is slated after charging:|8||
|Depreciation|578|196|
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|10 Prior year fund compar|atlves||||
|---|---|---|---|---|
|||unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|||8|8|8|
|income from:|||||
|Donations
and legacies||125,725|34,983|160,708|
|Charitable
activities||89,86'i||89,861|
|interest receivable||33||33|
|Total income||215,619|34,983|250,602|
|Expenditure
on:
Charitable
activities||223,958|34,983|258,941|
|Total expenditure||223,958|34,983|258,941|
|Net Incomef(expenditure)|and||||
|Net movement
in funds||(8,339)||(8,339)|
|Total funds brought forward||35,167||35,167|
|Total funds carried forward||26,828||26,828|
|11 Tangible Fixed Assets|||||
||||Equipment|Total|
||||8||
|Cost|||||
|At 1 April 2020|||3,129|3,129|
|Additions|||546|546|
|At 31 March 2021|||3675|3,675|
|Depreciation|||||
|At 1 April 2020
Charge for the year|||2,690
578|2,690
578|
|At 31 March 2021|||3,266|3,268|
|Net BookValue|||||
|At 31 March 2021|||407|407|
|At 31 March 2020|||439|439|
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|12|Debtors||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021|2020|
||||||||||8|8|
||Trade debtors||||||||2,037|14,406|
||Prepayments||and accrued income||||||3,932|5,683|
||||||||||5,969|20,089|
|13|Creditors: Amounts|||falling due|within one year||||||
||||||||||2021|2020|
||||||||||5|8|
||Trade creditors||||||||9,922|6,496|
||Taxation and||social security||||||2,621|9,600|
||Accruals and||deferred income||||||33,292|2,755|
||Other creditors||||||||9,234|8,451|
||||||||||55,069|27,302|
|14|Movement|in|funds||||||||
|||||||At||||At|
|||||1||Apr||||31 Mar|
||||||2020
8||income
8|Expenditure
8|Transfers
8|2021f|
||Restricted funds||||||||||
||RVW Trust||||||1,000|(1,000)|||
||PR8||||||2,900|(2,900)|||
||||||||3,900|3,900|||
||Unrestricted||funds||||||||
||Designated|funds|||||||||
||Future programmes||||6,328|||||6,328|
||General
funds|||20,500|||119,833|(115,578)||24,755|
|||||26,828|||119,833|115,578||31,083|
||Totalfunds|||26,828|||123,733|(119,478)||31,083|
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|Prior year corn paratives|Prior year corn paratives|Prior year corn paratives|At||||||||At|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||1 Apr||||||||31 Mar|
||||2019|Income||Expenditure|||Transfers||2020|
||||8||2|||8||2|2|
|Restricted|funds|||||||||||
|University
ofExeter||||34,983|||(34,983)|||||
|||||34,983|||34,983|||||
|Unrestricted|funds|||||||||||
|Designated|funds|||||||||||
|Future programmes|||15,167||||||(8,839)||6,328|
|General Funds|||20,000|215,619||(223,958)|||8,839||20,500|
||||35,167|215,619|||223|958|||26,828|
|Totalfunds|||35,167|250,602||(258,941)|||||26,828|
|Pur ose of|re|icted funds||||||||||
|RVW Trust|||Funds towards|the artistic|and production|||costs ofA Song.||||
|PRS|||Funds towards|the artistic|and production|||costs ofSound Generator.||||
|University
ofExeter|||Grant towards|the artistic|and production|||costs of|Reflect.|||
|Pur oee of|desi|nated funds||||||||||
|Future progra||mmes|This represents|unrestricted||income|carried forward to cover|||project or||
||||overhead costs in subsequent|||years.||||||
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|Analysis o|fnet assets between funds||||
|---|---|---|---|---|
|||Tangible|Other|Total|
|||Fixed assets|hlet assets|2021|
|||6|6|6|
|Restricted|funds||||
|Unrestricted|funds||||
|Designated
funds
General funds||407|6,328
24,348|6,328
24,755|
|||407|30,676|31,083|
|Prior year comparatives|||||
|||Tangible|Other|Total|
|||Fixed assets|Net assets|2020|
|||6|6|6|
|Restricted funds|||||
|Unrestricted|funds||||
|Designated|funds||6,328|6,328|
|General funds||439|20,061|20,500|
|||439|26,389|26,828|
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