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2021-01-31-accounts

			Page
Report ofthe Trustees			1to5
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements			9tof4
Detailed Statement of Financial		Activities	15

		for th	e Year End	ed 31Januar	y 2021
						2021	2020
			Unrestricted		Restricted	Total funds	Total funds
				funds	funds
			Notes	F	2
INCOME AND ENDOWMENTS		FROM					Note 2
Charitable activities			4
Delivering charitable	activities			67,334	284,075	351,409	301,479
Investment income			3	21		21	90
Other income			5	50,348		50,348	39,318
Total				117,703	284,075	401,778	340,887
EXPENDITURE ON
Charitable activities
Raising funds				19,113		19,113	10,976
Charitable activities				70,028	116,438	186,466	323,370
Total				89,141	116,438	205,579	334,346
NET INCOME/(EXPENDITURE)			6	28,562	167,637	196,199	6,541
Transfers between	funds		12	51 317	~51,317
Net movement in funds				79,879	116,320	196,199	6,541
RECONCILIATION	OF FUNDS
Total funds brought	forward			86,146	57,728	143,874	137,333
TOTAL FUNDS CARRIED FORWARD				166,025	174,048	340,073	143,874

						2020
				Unrestricted	Restricted	Total funds
				funds	funds
			Notes		2
INCOME AND ENDOWMENTS		FROM
Charitable activities
Delivering charitable	activities			49,643	251,836	301,479
Investment income				90		90
Other income				39,118	200	39,318
Total				88,851	252,036	340,887
EXPENDITURE ON
Charitable activities
Raising funds				10,976		10,976
Charitable activities				45,155	278,215	323,370
Total				56,131	278,215	334,346
NET INCOME/(EXPENDITURE)				32,720	(26,179)	6,541
Transfers between	funds		12	16289	16,289
Net movement in funds				16,431	(9,890)	6,541
RECONCILIATION	OF FUNDS
Total funds brought	forward			69,715	67,618	137,333
TOTAL FUNDS CARRIED FORWARD				86,146	57,728	143,874

				2021	2020
Interest	receivable			21	90
INCOME	FROM CHARITABLE ACTIVITIES
				2021	2020
				2	2
Venue fees				4,150	26,676
Commissions				400	7,500
Grants				278,741	238,831
Earned	income			12,301	5,392
Education fees				55,817	23080
				351,409	301 479
			2021
Deferred	Income at 1 February 2020		10,000
Resources deferred		in the year	11,740
Amounts	released	from previous years	(10,000)
Deferred	Income at 31 January 2021		11,740

5.	OTHER INCOME
			2021	2020
				2
	Theatre tax relief		5,239	17,121
	Donations		221	22,195
	Job Retention Scheme grants		29,308
	Business Support grants		14,000
	Sundry income		1,580	2
			50,348	39318
6.	NET INCOME FROM CHARITABLE ACTIVITIES
	Net resources are stated	after charging:
			31.1.21	31.1.20
	Depreciation —owned assets		2,960	1,518
	Independent examiner's	fees	430	415

	31.1.21	31.1.20
Wages and salaries	78,280	52,640
Social Security costs	2,884	(1,217)
Pension contributions	1,712	698
	82,876	52,121

9.	TANGIBLE FIXEDASS	ETS
		Computer	Motor	Leasehold		Total	funds
		Equipment	Vevicles	Improvements
		2	2
COST
At 01	February 2020	1,562	4,900		4,122		10,584
Additions during the year		333	9,000				9,333
Disposals during the year			4,900				4,900
At 31	January 2021	1,895	9,000		4,122		15,017
DEPRECIATION
At 01	February 2020	218	2,776		1,042		4,036
Charge for the year		336	1,800		824		2,960
Disposals during the year			2,776				2,776
At 31	January 2021	554	1,800		1,866		4,220
NET	BOOK VALUE
At 31	January 2021	1,341	7,200		2,256		10,797
At 31	January 2020	1,344	2,124		3,080		6,548
10.	DEBTORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
				2021		2020
				2		2
	Trade debtors			2,241		4,200
	Other debtors			12,184		22,310
				14	425	26,510

			2021	2020
			8
Trade creditors			539	9,869
Other creditors			14718	11263
			15257	21 132
MOVEMENT IN FUNDS
		Net	Transfers
		movement in	between
	At 1.2.20	funds	funds	At 31.1.21
		2
Unrestricted funds
General fund	76,146	37,646	(17,767)	96,025
Designated fund —vehicle purchase	10,000	(9,000)	(1,000)
Designated fund —closure costs Small Projects		~84	70,000 84	70,000
	86,146	28,562	51,317	166,025
Restricted funds
A Christmas Carol		(344)	344
Big Red Bath	10,000	4,669	(4,669)	10,000
By The Light ofThe Moon	6,000	(383)	(5,617)
Disability Arts		(225)	225
Festivals	9,509	(4,642)	(3,367)	1,500
Heritage		33,478	(3,531)	29,947
Houghton Regis Art Town	8,998	34,638	(1,235)	42,401
Little Darling	10,000	(13,915)	3,915
Lost Property		35	(35)
Next Steps		91,051	(8,862)	82,189
Participatory Projects		25,658	(17,647)	8,011
Pulpits & Prison Doors	9,173	(258)	(8,915)
Scrooge & Marley		(600)	600
The Night Before Christmas	4,048	~1,525)	~2,523
	57,728	167,637	(51,317)	174,048
TOTAL FUNDS	143,874	196,199		340,073

Net movement in funds, included in the abov	e are as follows:
	Incoming	Resources Movement in
	resources	expended	funds
	2	2	2
Unrestricted funds
General fund	117,678	(80,032)	37,646
Designated fund Small Projects	25	(9,000) ~109)	(9,000) ~84)
	117,703	(89,141)	28,562
Restricted funds
A Christmas Carol		(344)	(344)
Big Red Bath	13,077	(8,408)	4,669
By The Light of The Moon	(200)	(183)	(383)
Disability Arts		(225)	(225)
Festivals	9,228	(13,870)	(4,642)
Heritage	38,100	(4,622)	33,478
Houghton Regis Art Town	75,909	(41,271)	34,638
Little Darling	10,546	(24,461)	(13,915)
Lost Properly		35	35
Next Steps	96,118	(5,067)	91,051
Participatory Projects	33,437	(7,779)	25,658
Pulpits & Prison Doors	7,860	(8,118)	(258)
Scrooge & Marley The Night Before Christmas		(600) ~1525	(600) ~1,525
	284,075	(116,438)	167,637
TOTAL FUNDS	401 778	(205 579)	196,199

	for the Year Ended 3	1 January 2021
		2021	2020
		2	2
INCOME AND ENDOWMENTS
Investment income
Interest receivable		21	90
Charitable activities
Venue fees		4,150	26,676
Commissions		400	7,500
Grants		278,741	238,831
Earned income		12,301	5,392
Education fees		55,817	23,080
		351,409	301,479
Other income
Other income		50,348	39,318
Total incoming	resources	401,778	340,887
EXPENDITURE
Raising funds		19,113	10,976
Charitable activities
Production costs		44,143	113,868
Transport & touring costs		7,548	12,329
Marketing expenses		14,485	35,444
Performance fees		4,587	63,706
Education costs		24,778	16,558
Depreciation		1,800
		97,341	241,905
Support costs
Management
Administrative	expenses	40,452	30,295
Accountancy		4,639	4,909
Overheads		19,791	19,114
Organisational	development	20,959	25,629
Asset write-off		2,124
Depreciation		1,160	1,518
		89,125	81,465
Total resources	expended	205,579	334,346
Net (expenditure)/income		196,199	6,541