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|Reference and Administrative
Details||
|---|---|
|Trustees'
Report|2to 11|
|Independent
Examiner's
Report|12to13|
|Statement of Financial
Activities|14|
|Statement of Financial
Activities|15|
|Balance Sheet|16to 17|
|Statement ofCash Flows|18|
|Notes to the Financial Statements|19to 36|
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|Recognised|Gains|and|Lo|sses)||||
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
|||||Unrestricted|Restricted|2021|2020|
||||Note|6|||6|
|Income and Endowments||from:||||||
|Donations
and legacies|||3|210,266||210,266|31,863|
|Charitable
activities|||4|226,202|276,484|502,686|348,924|
|Other trading
activities
Other income|||5
6|1,343
~2,050||1,343
~2,050)|24,722
33,520|
|Total Income||||435,761|276,484|712,245|439,029|
|Expenditure
on:||||||||
|Raising funds
Charitable
activities||||(13,675)
~(232508|(13,878)
~219,186|(27,553)
~(451,694|(80,543)
~386,56D|
|Total Expenditure||||~246,(83|~233,064)|~(479.247|~467.103|
|Net income/(expenditure)
Transfers
between
funds||||189,578
58,962|43,420
~58,962|232,998|(28,074)|
|Net movement
in funds||||248,540|(15,542)|232,998|(28,074)|
|Reconciliation
of|funds|||||||
|Total funds brought|forward|||48,035|333,263|381,298|409,372|
|Total funds carried|forward||23|296,575|317,721|614,296|381,298|
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|Recognised|Gains|and Loss|es)||||
|---|---|---|---|---|---|---|
|||||||Total|
|||||Unrestricted|Restricted|2020|
||||Note|6|6|6|
|Income and Endowments||from:|||||
|Donations
and legacies||||31,863||31,863|
|Charitable
activities||||201,782|147,142|348,924|
|Other trading
activities||||24,722||24,722|
|Other income||||33,520||33,520|
|Total income||||291,887|147,142|439,029|
|Expenditure
on:
Raising funds
Charitable
activities|||7
8|(55,581)
~280,570|(24,962)
~705,990|(80,543)
~386.560|
|Total expenditure||||~(336.751|130,952|(467,103|
|Net (expenditure)/income
Transfers
between
funds||||(44,264)
60,522|16,190
~60.522)|(28,074)|
|Net movement
in funds||||16,258|(44,332)|(28,074)|
|Reconciliation
of|funds||||||
|Total funds brought|forward|||31,777|377,595|409,372|
|Total funds carried|forward||23|48,035|333,263|381,298|
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||||||||Note|2021
k|2020f|
|---|---|---|---|---|---|---|---|---|---|
|Fixed assets||||||||||
|Tangible assets
Investments|||||||15
16|422,225
100|372,526
100|
|||||||||422,325|372,626|
|Current assets||||||||||
|Debtors|||||||17|68,703|39,516|
|Cash at bank|and|in hand|||||18|195,412|57,995|
|||||||||264,115|97,511|
|Creditors: Amounts|||falling due|within one year|||19|~(3ll,477|(45,541)|
|Net current assets||||||||233,638|51,970|
|Total assets
6
dlt
3|less|current liabilities
t
f 6 8 d
fl|||td|7|211|655,963
~44, 667|424,596
~43,298)|
|Net assets||||||||614,296|381.298|
|Funds ofthe|charity:|||||||||
|Restricted||||||||317,721|333,263|
|Unrestricted|income||funds|||||||
|Unrestricted||||||||296,575|48,035|
|Totalfunds|||||||23|614,296|381,298|
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|Statement ofCash Flows for t|he Year E|nded 31|March 2021||
|---|---|---|---|---|
||||2021|2020|
|||Note|k||
|Cash flows from operating
activities|||||
|Net cash income/(expenditure)|||232,998|(28,074)|
|Adjustments
to cash flows from non-cash
Depreciation|items||41,902|35,418|
||||274,900|7,344|
|Working capital adjustments
(Increase)/decrease
in debtors
Decrease in creditors||17
19|(29,187)
~(2.646|19,359
~9,762|
|Net cash flows from operating
activities|||243,067|16,921|
|Cash flows from investing
activities|||||
|Purchase oftangible
fixed assets||15|(91,601)|(2,176)|
|Cash flows from financing
activities
Repayment
of loans and borrowings||19|~(14.049|21,979)|
|Net increase/(decrease)
in cash and cash equivalents|||137,417|(7,234)|
|Cash and cash equivalents
at 1 April|||57,995|65,229|
|Cash and cash equivalents
at 31 March|||195,412|57,995|
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|estimated
residual
value, over their expected|useful economic
life as follows:||
|---|---|---|
|Asset class|Depreciation|method and rate|
|Plant and machinery|20% reducing|balance|
|Fixtures and fittings|20% straight|line|
|Computer
equipment|33.33%straight
line||
|Leasehold
property|over the term|ofthe lease|
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||||||||Unrestricted||
|---|---|---|---|---|---|---|---|---|
||||||||funds|Total|
||||||||General|2021|
||||||||E|E|
|Donations
and legacies;|||||||||
|Donations|||||||33,059|33,059|
|Grants,|including|||capital grants;|||||
|Government|||grants - CJRS||||133,181|133,181|
|Government|||grants -business||support||44,026|44,026|
||||||||210,266|210,266|
||||||||Unrestricted||
||||||||funds|Total|
||||||||General|2020|
|||||||||E|
|Donations||and legacies;|||||||
|Donations|||||||31,863|31,863|
||||||||31,863|31,863|
|||||||Unrestricted|||
||||||||Total|Total|
|||||||General|2021|2020|
|||||||E|E|E|
|Analysis|of||donations||||||
|Big Give
General||Charity||||18,168
14,891|18,168
14,891|6,072
25,791|
|||||||33,059|33,059|31,863|
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|||Unrestricted|||
|---|---|---|---|---|
|||funds|Restricted|Total|
|||General
f|funds
6|2021|
|User income||136,879||136,879|
|Ticket income||6,448||6,448|
|Grants receivable||82,875|276,484|359,359|
|||226,202|276,484|502,686|
|||Unrestricted|||
|||funds|Restricted|Total|
|||General|funds|2020|
|||6||E|
|User income||147,891||147,891|
|Ticket income||35,287||35,287|
|Grants receivable||5,242|147,142|152,384|
|Management|charge received|13,362||13,362|
|||201,782|147,142|348,924|
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|Notes to the F|inancial S|tatements
for|the Year En|ded 31 Marc|h 2021|
|---|---|---|---|---|---|
|||Unrestricted||||
|||||Total|Total|
|||General|Restricted|2021|2020|
|||6|6|B|6|
|Analysis
ofgrants receivable||||||
|Catherine
Cookson|||||500|
|Newcastle
Culture|Fund||19,758|19,758|19,641|
|Bailey Thomas|||||8,000|
|Co-op|||||2,242|
|Power to Change|||25,000|25,000|500|
|LGA Foundation|||||3,000|
|Access Reach|||||6,200|
|Asda Foundation|||||8,969|
|Lloyds Bank Foundation|||||14,737|
|Arts Council|||145,568|145,568|24,775|
|Tudor Trust||45,000|5,000|50,000|30,000|
|Esmee Fairbairn||25,000||25,000|30,000|
|Northumbrian
Water|||||1,000|
|Newcastle
Building|Society||||2,820|
|Big Lottery|||74,000|74,000||
|Northstar
Foundation||12,875||12,875||
|Austin
& Hope|||1,000|1,000||
|Lottery Sport Fund|||6,158|6,158||
|||82,875|276,484|359,359|152,384|
|5
Inco|me from other trading acti|vities|||
|---|---|---|---|---|
|||Unrestricted|||
||||Total|Total|
|||General
f|2021f|2020
6|
|Trading|income|1,343|1,343|24,722|
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|||Unrestricted|||
|---|---|---|---|---|
||||Total|Total|
|Other|income|General
6
~2,050|2021
6
~2.050|2020
6
33,520|
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|a) Co|sts|oftrading activities|Unrestricted||||
|---|---|---|---|---|---|---|
||||||Total|Total|
||||General
6|Restricted|2021
6|2020f|
|Costs|of|performances/events|13,675|13,878|27,553|80,543|
||||13,675|13,878|27,553|80,543|
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|8
Expendi|ture
on charitable
ac|tivities||||
|---|---|---|---|---|---|
|||Unrestricted||||
|||||Total|Total|
|||General|Restricted|2021|2020|
||||||6|
|Wages and|salaries|141,698|160,321|302,019|226,987|
|Employers|NIC|4,988|13,230|18,218|17,519|
|Staff pensions||1,619|4,295|5,914|5,428|
|Governance
costs (note 9)
Support costs (note 9)||3,828
80,375|41,340|3,828
121,715|5,871
130,755|
|||232,508|219,186|451,694|386,560|
||Unrestricted|||
|---|---|---|---|
||funds|Restricted|Total|
||General
E|fundsf|funds
K|
|Wages and salaries|141,698|160,321|302,019|
|Employers
NIC|4,988|13,230|18,218|
|Staff pensions|1,619|4,295|5,914|
|Governance
costs (note 9)
Support costs (note 9)|3,828
80,375|41,340|3,828
121,715|
|Total for 2021|232,508|219,186|451,694|
|Total for 2020|280,570|105,990|386,560|
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|Support costs all|ocated|to charitable|activities||||
|---|---|---|---|---|---|---|
|||||Other|||
||||Governance
costs|support
costs|Total
2021|Total
2020|
||||6|||6|
|Bank charges||||402|402|1,490|
|Cleaning||||4,432|4,432|12,647|
|Depreciation||||41,902|41,902|35,418|
|Insurance||||6,383|6,383|3,659|
|Light and heat||||9,475|9,475|15,351|
|Printing,
stationery|and postage|||1,252|1,252|772|
|Rates||||5,663|5,663|5,944|
|Repairs and maintenance||||13,641|13,641|13,239|
|Staff training||||6,633|6,633|1,061|
|Licensing
and memberships||||701|701|2,908|
|Telephone||||3,663|3,663|3,816|
|Computer
software
costs|and maintenance|||3,234|3,234|3,093|
|Hire of plant and machinery||||3,299|3,299|2,974|
|Sundry expenses
VAT)|(inc irrecoverable|||285|285|(2,526)|
|Travel and subsistence||||139|139|2,692|
|Advertising||||2,864|2,864|15,010|
|Legal and professional
fees||||17,747|17,747|6,950|
|Independent
examination||fees|1,800||1,800|1,800|
|Other interest payable||||||6,257|
|Accountancy
fees|||2,028||2,028|4,071|
||||3,828|121,715|125,543|136,626|
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|10 Net incoming/outgoing|resources|||
|---|---|---|---|
|Net incoming/(outgoing)
resources for the year include:||||
|||2021|2020f|
|Depreciation
offixed assets||41,902|35,418|
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|12Staffcosts
The aggregate
payroll costs were as follows:|||
|---|---|---|
||2021|2020|
|Staffcosts during the year were:|||
|Wages and salaries|302,019|226,987|
|Social security costs|18,218|17,519|
|Pension costs|5,914|5,428|
||326,151|249,934|
|||2021||2020||
|---|---|---|---|---|---|
|||No||No||
|Full|Time||5||6|
|Part|Time||13||18|
||||18||24|
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|13Independent|13Independent|examiner's|remuneration|||
|---|---|---|---|---|---|
|||||2021f|2020f|
|Examination|of|the financial|statements|1,800|1,800|
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|15Tangible fixed assets|15Tangible fixed assets||||||
|---|---|---|---|---|---|---|
|Long
leasehold||Computer
equipment
f||Fixtures and
fittings|Plant and
machinery
f|Total
f|
|Cost|||||||
|At 1 April 2020|359,674||16,190|47,104|105,265|528,233|
|Additions|||11,609|38,456|41,536|91,601|
|At 31 March 2021|359,674||27,799|85,560|146,801|619,834|
|Depreciation|||||||
|At 1 April 2020|64,065||15,183|25,564|50,895|155,707|
|Charge for the year|11,989||3,339|13,005|13,569|41,902|
|At 31 March 2021|76,054||18,522|38,569|64,464|197,609|
|Net book value|||||||
|At 31 March 2021|283,620||9,277|46,991|82,337|422,225|
|At 31 March 2020|295,609||1,007|21,540|54,370|372,526|
|16Fixed asset investments|||||||
||||||2021f|2020|
|Shares
in group undertakings|and participating||interests||10D|100|
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|17Debtors|||
|---|---|---|
||2021|2020|
|Trade debtors|15,206|15,132|
|Due from group undertakings|34,336|23,078|
|Prepayments|14,252|1,306|
|Other debtors|4,909||
||68,703|39,516|
|18Cash and cash equivalents|18Cash and cash equivalents|||
|---|---|---|---|
|||2021f|2020|
|Cash at bank||195,412|57,995|
|19Creditors: amounts|falling due within one year|||
|||2021|2020|
|Trade creditors||3,935|4,399|
|Other loans||8,333|20,751|
|Other taxation and social|security|5,099|4,980|
|VAT grant repayable|||2,629|
|Other creditors||4,019|1,070|
|Accruals||9,091|11,712|
|||30477|45 541|
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|23Funds|||||||
|---|---|---|---|---|---|---|
|||Balance at||||Balance at|
|||1 April
2020
6|Incoming
resources
8|Resources
expended
8|Transfers|31 INarch
2021
f|
|Unrestricted|||||||
|General|||||||
|General
Fund||(6,083)|435,761|(232,543)|(106,038)|91,097|
|Designated|||||||
|Capital Asset Fund||54,118||(13,640)||40,478|
|Emergency
Fund
2022 Recovery Fund|||||90,000
75,000|90,000
75,000|
|||54,118||(13.6401|165,000|205,478|
|Total Unrestricted||48,035|435,761|~246,183|58,962|296.575|
|Restricted|||||||
|Arts Council||10,127|19,820|(20,400)||9,547|
|Property
Fund||295,609||(11,989)||283,620|
|Access Reach||1,400||(1,400)|||
|Asda Foundation||8,969|||(8,969)||
|NCIF|||19,758|(12,931)||6,827|
|Newcastle
Building|Society|2,421||||2,421|
|Lloyds Foundation||14,737||(8,771)||5,966|
|Arts Council - Emergency|||||||
|Grant|||35,000|(35,000)|||
|Arts Council - Cultural|||||||
|Recovery Fund|||90,748|(63,754)|(26,994)||
|Big Lottery - COVID|19Fund||74,000|(71,595)|(2,405)||
|Power to Change|||25,000|(4,406)|(20,594)||
|Tudor Trust|||3,000|(2,818)||182|
|Tudor Trust- Mental|Health||||||
|Awareness|||2,000|||2,000|
|Austin
& Hope
Lottery - Sport Fund|||1,000
6,158|||1,000
6,158|
|Total restricted||333263|276 484|~233 064|~58 962|317,721|
|Total funds||381,298|712245|~479,247||614,296|
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|||||Total funds|
|---|---|---|---|---|
|||||at 31 March|
||General
R|Designated
r.|Restricted
8|2020
6|
|Tangible fixed assets|22,799|54,118|295,609|372,526|
|Fixed asset investments|100|||100|
|Net current assets/(liabilities)
Creditors over
1 year
Total net assets|14,316
~43.298
~(6,983|84,118|37,654
333,263|51,970
~43.298
381.298|
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