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|---|---|---|---|---|
|Reference and Administrative
Details|||||
|Report ofthe Trustees||2|to|8|
|Report ofthe Independent
Auditors||9|to|11|
|Statement
of Financial|Activities||12||
|Balance Sheet|||||
|Notes to the Financial|Statements|14|to|21|
|Detailed Statement
of|Financial Activities|22|lo|23|
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|FOR THE YEA|R E|NDED 31 D|ECEMBER|2020|||||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
||||||Unrestricted|Restricted|Total|Total|
||||||fund|funds|funds|funds|
|||||Notes||F|E||
|INCOIVIE AND|ENDOWMENTS||FROIVI||||||
|Donations
and|legacies|||3|164,200|211,943|376,143|2,858|
|Charitable
activities|||||||||
|Ticket sales|||||70,673||70,673|23'l,620|
|Other trading
activities|||||24,875||24,875|111,950|
|Investment
income|||||673||673|825|
|Total|||||260,321|211,943|472,264|347,253|
|EXPENDITURE|ON||||||||
|Raising
funds|||||9,678|299|9,977|39,776|
|Charitable
activities|||||||||
|General
running|costs||||36,816|18,766|55,582|69,039|
|Staff costs|||||170,405|67,336|237,741|213,251|
|Professional
fees|||||15,347||15,347|8,852|
|Total|||||232,246|86,401|318,647|330,918|
|NET INCOME|||||28,075|125,542|153,617|16,335|
|Transfers
between||funds||15|4 158|~4,158)|||
|Net movement|in funds||||32,233|121,384|153,617|16,335|
|RECONCILIATION||OF FUNDS|||||||
|Total funds brought||forward|||171,670|3,074|174,744|158,409|
|TOTAL FUNDS|CARRIED FORWARD||||203,803|124,458|328,351|174,744|
##
|31 DECEMBER 2|020||||
|---|---|---|---|---|
||||2020|2019|
|||Notes|E|F|
|FIXED ASSETS|||||
|Tangible assets||10|7,388|6,085|
|CURRENT ASSETS|||||
|Stocks||11|10,682|14,718|
|Debtors||12|110,522|6,790|
|Cash at bank and|in hand||234,463|174 846|
||||366,667|196,356|
|CREDITORS|||||
|Amounts
falling due within one year||13|(34,694)|(27,697)|
|NET CURRENT ASSETS|||320,973|168,659|
|TOTAL ASSETS|LESSCURRENT||||
|LIABILITIES|||328,361|174,744|
|NET ASSETS|||328,361|174,744|
|FUNDS||15|||
|Unrestricted
funds|||203,903|171,670|
|Restricted
funds|||124,468|3,074|
|TOTAL FUNDS|||328 361|174,744|
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|FOR|THE YEAR EN||DED 31 DECEMBER 2020|DED 31 DECEMBER 2020|||
|---|---|---|---|---|---|---|
|3.|DONATIONS||AND LEGACIES||||
||||||2020|2019|
||||||E|E|
||Donations||||272|619|
||Grants||||375,871|2,239|
||||||376,143|2 858|
|4.|OTHER TRADING ACTIVITIES||||||
||||||2020|2019|
||||||E|E|
||Retail||||11,231|33,612|
||Venue income||||1,816|23,392|
||Event income||||3,650|33,131|
||Other trading||activities||8,178|21,815|
||||||24,875|111,850|
|5.|INVESTMENT||INCOIYIE||||
||||||2020|2019|
||||||E||
||Deposit account interest||||573|825|
|6.|NET INCOME/(EXPENDITURE)||||||
||Net income/(expenditure)|||is stated after charging/(crediting):|||
||||||2020|2019|
||||||E|E|
||Depreciation|-|owned assets||2,855|2,068|
||Audit fees||||3,240|3,807|
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|HE YEAR ENDED 3|1 D|ECEM|B|ER|2020||||||
|---|---|---|---|---|---|---|---|---|---|---|
|STAFF COSTS|||||||||||
||||||||||2020|2019|
||||||||||E||
|Wages and salaries|||||||||220,028|194,291|
|Social security costs|||||||||10,147|9,420|
|Other pension costs|||||||||7 566|6,540|
||||||||||237 741|210,251|
|Key management
remuneration||||totalled E41,600(2019:E37,712)|||||||
|The average
monthly|number||of|employees||during|the year|was as follows:|||
||||||||||2020|2019|
|Management
and administration|||||||||17|15|
|No employees
received||emoluments|||in excess of||E60,000.||||
|COMPARATIVES FOR||THE STATEMENT||||OF FINANCIAL||ACTIVITIES|||
|||||||||Unrestricted|Restricted|Total|
|||||||||fund|funds|funds|
|||||||||E||E|
|INCOME AND ENDOWMENTS||||FROM|||||||
|Donations
and legacies||||||||619|2,239|2,858|
|Charitable
activities|||||||||||
|Ticket sales||||||||231,620||231,620|
|Other trading
activities||||||||111,950||111,950|
|Investment
income||||||||825||825|
|Total||||||||345 014|2,239|347,253|
|EXPENDITURE QN|||||||||||
|Raising funds||||||||39,776||39,776|
|Charitable
activities|||||||||||
|General
running
costs||||||||68,874|165|69,039|
|Staff costs||||||||213,251||213,251|
|Professional
fees||||||||8,852||8,852|
|Total||||||||330,753|165|330,918|
|NET INCOME||||||||14,261|2,074|16,335|
|RECONCILIATION|OF|FUNDS|||||||||
|Total funds
brought|forward|||||||157,409|1,000|158,409|
|TOTAL FUNDS CARRIED FORWARD||||||||171,670|3.074|174,744|
##
|THE HEART OF THE CITY P|THE HEART OF THE CITY P||ARTNERSHIP|||
|---|---|---|---|---|---|
|NOTES TO THE FINANCIAL|||STATEMENTS - continued|||
|FOR|THE YEAR ENDED 31|DECEMBER 2020||||
|10.|TANGIBLE FIXEDASSETS|||||
||||||Computer|
||||||equipment|
||||||E|
||COST|||||
||At 1 January 2020
Additions||||15,131
4,158|
||At 31 December 2020||||19,289|
||DEPRECIATION|||||
||At 1 January
2020
Charge
for year||||9,046
2,855|
||At 31 December 2020||||1
11901|
||NET BOOK VALUE|||||
||At 31 December 2020||||7,388|
||At 31 December 2019||||6,085|
|11.|STOCKS|||||
|||||2020|2019|
|||||F|E|
||Stocks|||10,682|14,718|
|12.|DEBTORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|||||2020|2019|
|||||E|E|
||Trade debtors|||600|2,226|
||Prepayrnents
and accrued income|||109,922|4,564|
|||||110,522|6„700|
|13.|CREDITORS; AMOUNTS
FALLING DUE WITHIN ONE YEAR|||||
|||||2020|2019|
|||||E|E|
||Trade creditors|||5,497|8,561|
||Social security
and other taxes|||3,969|3,680|
||Other creditors|||13,772|2,509|
||Accruals
and deferred|income||~11 456|12,947|
|||||34,694|27,697|
##
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|ANALYSIS O|F N|ET AS|SETS B|ETWEEN FUNDS||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
|||||E|E|E|E|
|Fixed assets||||7,388||7,388|6,085|
|Current assets||||231,209|124,458|355,667|196,356|
|Current
liabilities||||~34 694)||~34,694)|~27 697)|
|||||203,903|124458|328,361|174.744|
|MOVEMENT|IN FUNDS|||||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.1.20|in funds|funds|31.12.20|
||||||E||E|
|Unrestricted|funds|||||||
|General
fund||||171,670|28,075|4,158|203,903|
|Restricted funds||||||||
|CCTV installation||||1,000|(782)||218|
|Defibrillator||||1,644|||1,644|
|Explorers
Road||||430|||430|
|Costumes
for Live Interpretations
Culture Recovery
Fund|||||1,243
125,081|~4,158)|1,243
120,923|
|||||3074|125 542|~4,158)|124,458|
|TOTAL FUNDS||||174 744|153,617||328 361|
|Net movement|in|funds,|included|in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||E|E|E|
|Unrestricted|funds|||||||
|General
fund|||||260,321|(232,246)|28,075|
|Restricted
funds||||||||
|CCTV installation|||||4,000|(4,782)|(782)|
|Costumes
for|Live interpretations||||1,243||1,243|
|Culture Recovery||Fund|||206 700|~81 619)|125,081|
||||||211,943|~86,401)|126 542|
|TOTAL FUNDS|||||472,264|~318,647)|153,617|
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||||||2020|2019|
|---|---|---|---|---|---|---|
||||||E||
|INCOME AND|||ENDOWMENTS||||
|Donations
and|||legacies||||
|Donations|||||272|619|
|Grants|||||375,871|2,239|
||||||376,143|2,858|
|Other trading||activities|||||
|Retail|||||11,231|33,612|
|Venue income|||||1,816|23,392|
|Eventincorne|||||3,650|33,131|
|Other trading|activities||||8,178|21,815|
||||||24,875|111,950|
|Investment
income|||||||
|Deposit account|||interest||573|825|
|Charitable
activities|||||||
|Ticket sales|||||70,673|231,620|
|Total incoming|||resources||472,264|347,253|
|EXPENDITURE|||||||
|Other trading||activities|||||
|Shop purchases|||||7,887|16,096|
|Events and resources|||||2,090|23,680|
||||||9,977|39,776|
|Charitable
activities|||||||
|Wages|||||220,028|194,291|
|Social security|||||10,147|9,420|
|Pensions|||||7,566|6,540|
|Rates and water|||||605|907|
|Insurance|||||6,365|5,513|
|Light and heat|||||5,704|6,025|
|Telephone|||||1,881|1,954|
|Postage and stationery|||||449|1,573|
|Marketing
and|publicity||||10,723|15,270|
|Sundries|||||3,956|3,374|
|Travelling|||||311|862|
|Training|||||180|4,596|
|Repairs|||||15,921|24,916|
|Card machine|charges||||3,446|3,534|
|Depreciation
of||tangible||fixed assets|2,855|2,068|
||||||290,137|280,843|
##
|||2020|2019|
|---|---|---|---|
||||E|
|Support costs||||
|Manage tnent||||
|Payroll fees||3,246|1,465|
|Professional|fees|12,047|5,027|
|Audit fees||3,240|3,807|
|||18,533|19 299|
|Total resources expended||316647|330,918|
|Net income||153,617|16,336|