2021-05-31-accounts

			Page
Report ofthe Trustees			1 to 4
Independent Examiner's		Report
Statement ofFinancial		Activities
Balance Sheet
Notes to the Financial	Statements		9to 13
Detailed Statement of	Financial Activities		14

						2021	2020
				Unrestricted	Resuicted	Total	Total
				funds	fund	funds	funds
			Notes			f	f
INCOME AND ENDOWMENTS		FROIM
Donations and legacies				38,540		38,540	74,371
Charitable activities
Education events				15,842		15,842	107,595
Other income							1,539
Other income —Government	grants		4	52 361		52,361	6,361
Total				106,743		106,743	189,866
EXPENDITURE ON
Charitable activities
Events, Exhibition Costs k.	materials			102495		~102495	~284 046
Total				102,495		102,495	284,046
NET INCOME/(EXPENDITURE)				4,248		(4248)	(94,180)
Transfers between funds
Net movement in funds				4,248		4,248	(94,180)
RECONCILIATION OF	FUNDS
Total funds brought forward				56,910		56,910	151,090
TOTAL FUNDS CARRIED FORWARD				61 158	—	61.158	56910

BALANCE SHEET AT31MAY 2021
		Notes	2021	f		2020I
FIXEDASSETS
Tangible assets					14,572		14,185
CURRENT ASSETS
Stock			709			589
Debtors		10	6,592			5,753
Cash at bank and in	hand		90,424			76,033
Total Current Assets			97,725			82,375
LIABILITIES
Creditors: amounts	falling due
within one year		11	(36,139)			(39,650)
NKT CURRENT ASSETS					61,586		42,725
Total assets less current liabilities					876,158		f56,9]0
Creditors: amounts	falling due
after more than one year		12	(15,000)
					(15,000)
NET ASSETS					f61,158		X56,910
THK FUNDS OFTHE CHARITY
Unrestricted funds		13			61,158		56,910
Restricted funds
TOTAL CHARITY FUNDS					$6L158		856,910

2.	DONATIO			S AND	LEGAC	IES
									2071	2020
									f.
	Donations	and gifis							22,860	74,371
	Grants								15680
									38540	74,371
3.	INCOME	FROM CHARITABLE ACTIVITIES
									2021	2020
						Activity			f
	Educations		events			Studios, productions	and events		15,842	107,595
	Rocket car	kits and related				Other income				~1539
									~15 842	109134
4.	OTHER INCOME
									2021	2020
										f
	Job Retention			Scheme	Grant				33,686	6,361
	Government			grants					18,675
									52,361	6361
5.	CHARITABLE ACTIVITIES COSTS
								Direct costs	Support	Totals
									costs
									(Seenote 5A)
									f
	Events, Exhibition Costs &materials							6,252		6,252
	Staffcosts								80,415	80,415
	Travelling							]46		146
	Centre refurbishment				costs				(979)	(979)
	Marketiug	&Communications				costs
	Consultancy								426	426
	Website &	ITSupport			costs				382	382
	Professional			Fees				40	2,732	2,772
	Depreciation			fixed assets					2,857	2,857
	Disposal of		fixed assets						3,556	3,556
	Other income								6,645	6,645
	Sundries								23	23
								~6438	96,057	102,495
5A.	SUPPORT		COSTS
									Croverna
								Other	nce	Totals
									costs
										f
	Staffcosts								80,415	80,415
	Professional			Fees				1,532	1,200	2,732
	Sundries								23	23
								1,532	81,638	83,170

STAFFCOSTS
						2021	2020
						f	f
Wages and salaries					76,137		87,655
Social security costs					2,807		7,161
Pension costs						1 471	1 673
					80415		96489
Wages and salaries include aprovision		for discretionary	payment ofK9,000by the		trustees to a member ofstaff,
who had agreed to reduce levels	ofpay	during covid-19	furloughed	period during the year.
The average number offull-time	and part-time staff during the year			was as follows:
						2021	2020
Managers
Operations
1 employee was paid over more	than f60,000per annum		(2020: 1)
TANGIBLE FIXED					Plant	gt
ASSETS				Machinery f
Cost:
At 1stJune 2020						18,816
Additions						6,800
Disposals						(6,587)
At 31stMay 2021						]9,029
Depreciation:
At 1stJune 2020						4,631
Charge for the year						2,857
Eliminated						(3,031)
At 31stMay 2021						4,457
Net Book Value:
31stMay 2021						14,572
31stMay 2020						14,185

DEBTORS
	2021	2020
	f.	f
Debtors	6,240	2,518
Other debtors &Prepayments	352	3,235
	6,592	5,753
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
		f
Trade creditors	212	13,858
Accruals and deferred income	31,842	17,497
Social security and other taxes	4,085	8,295

									2021	2020
									f	f
Business	Interruption		Loan						15,000
ANALYSI	S OF NET		ASSETSBETWEEN FUNDS
									2021	2020
				Unrestricted		Restricted			Total	Total
					funds		fund		funds	funds
					f					f
Tangible	assets				14,572				14,572	14,185
Current Current	assets liabilities			97,725 ~36 139)				97,725 ~36139)		82,375 ~39 650
					76 158				76158	56 910
MOVEM	ENT	IN FUNDS
					Net	movement		Transfers
				At 1.6.20		in funds		between	funds	At 31.5.21
					f	f			f	f
Unrestricted		funds
General fund					6,910	4	248			61 158
TOTAL	FUNDS				56,91~	~,248				61,158
Net movement		in funds, included		in the above are as	follows:
						Incoming		Resources		Movement in
						resources f		expended f		funds f
Unrestricted		funds
General fund						106	743	~102495		4 248
TOTAL	FUNDS					106,743		(102,495)		4,248

FOR THE YEAR EN	DED	3	1MAY 2021
				2021	2020
				f.	I
INCOME AND ENDOWMEisSTS
Donations and legacies
Donations and gifts				22,860	74,371
Grants				15,680
				38,540	74,371
Charitable activities
Education events				15,842	107,595
Rocket car kits and related		income			1,539
				15,842	109,134
Other income
Job Retention Scheme Grant				33,686	6,361
Government grants				18675
				52361	6361
Total incoming resources				106743	~1898 6
EXPENDITURE
Charitable activities
Events, Exhibition Costs &,materials				6,252	116,452
Travelling				146	2,482
Professional Fees				40	350
Financial management	-bad debt provision			6
				6,444	119,284
Support costs
Other
Staff costs, social security		&	pension	80,415	96.489
Centre refurbishment	costs			(979)	15,228
Marketing &Communications			costs		15,795
Consultancy				426	4,202
Website &IT Support	costs			382	9,562
Other support costs				6,645	9,386
Disposal offixed assets				3,556	5,779
Depreciation fixed assets				2 857	4369
				93,302	160,810
Governance costs
Independent Examiner's		tees		1,200	2,138
Accountancy fees for	other work			1,532	1,002
Sundries				17	812
				2,749	3,952
Total resources expended				102495	284 046
Net expenditure				4 248	~94 180)