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2021-03-31-accounts

Friends of the Arts Centre [Charity no. 1162818]

Accounts 1.4.2020 to 31.3.2021

INCOME AND EXPENDITURE:

Accounts 1.4.2020 to 31.3.2021
INCOME AND EXPENDITURE:
INCOME
Direct Donations 340.00
Sundry credits nil
Donations received via LocalGiving 3,114.41
TOTAL INCOME 3,454.41
EXPENDITURE
Membership fee, LocalGiving 96.00
Subsidy towards AC streaming 1,500.00
Children’s Art Week 2020 donation 500.00
Criw Celf 2019-20 cheque not presented last year 1,000.00
Criw Celf 2020-21 contribution 1,000.00
Postage nil
Website domain fee 59.99
TOTAL 4155.99
Surplus (loss) for year (701.58)
Cash in bank on 1 April 2020 7727.99
Surplus (deficit) for year (701.58)
TOTAL CASH ASSETS IN BANK 31.3.2020 7026.41
LIABILITIES nil

Physical Assets : nil

Trustees’ Report 2020 -2021

The continued lockdown affected the Arts Centre all year, on top of which damage to the structure from flooding in August 2020 prevented even the limited re-opening to the public which had been hoped for. This kept the number of calls on FoAC support well below normal. FoAC therefore did not engage in new fundraising during the year.

The Arts Centre undertook a small amount of semi-experimental event streaming online, with some financial support from FoAC, and the outreach and educational work of the Arts Centre continued to be very active and remarkably well-received, albeit that it was all online. Within that, FoAC helped with longstanding commitments to support Criw Celf, an art outreach programme for young people, and gave support to a new venture, Children’s Art Week.

Regular contributions to FoAC’s funds continued throughout the year, and we remain in cash surplus, ready for demands which may be placed upon us when public events can recommence.