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|Trustees:|Eoghan White|Chairman|Resigned|31&March 2021|31&March 2021|
|---|---|---|---|---|---|
||James Willington|Treasurer|Appointed|29&January 2020||
||Rachel Simkin|Secretary|Resigned|23~November|2020|
||Dr Emma Whicher|||||
||DrFaisil Sethi|||||
||Elizabeth Neilson||Appointed|12&December|2020|
||Angela Samata||Appointed|4th December|2020|
||Tom Ewing||Appointed|4&December|2020|
||Amie Corry||Appointed|4&December|2020|
|Chief Executive:|Tim A Shaw|||||
|Director:|Niamh White|||||
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||||Unrestricted|Re-||Unre-|Restric-||
|---|---|---|---|---|---|---|---|---|
||||funds|stric-|Total|stricted|ted|Total|
|||||ted|funds|funds|funds|funds|
|||||funds|2021|||2020|
|||Notes|||||||
|Income from:|||||||||
|Donations,
grants||1|119,139|246,10|365,241|87,954|239,39|327,352|
|and legacies||||2|||8||
|Charitable
activit-||2||66450|66,250||65,094|65,094|
|ies|||||||||
|Other trading activ-||3|194,721||194,721||10,978|95,696|
|ities||||||84,718|||
|Other
income|||40,371||40/71||||
|government
grants|||||||||
|Total income|||354,231|31285|666,583|172,67|315,47|488,142|
|||||2||2|0||
|Expenditure
on:|||||||||
|Raising funds|||39,722|38,938|78,660|39,855|1,137|40,992|
|Charitable
activit-|||71,537|224,86|296/99|36,680|360,96|397,643|
|ies||||2|||3||
|Total expenditure||4|111,259|263,80|375,059|76,535|362,10|438,635|
|||||0|||0||
|Net income|||242,972|48,552|291,524|96,137|(46,630|49,507|
||||||||)||
|Transfer between|||(217,925)|217,92||(52,953|52,953||
|funds||||5||)|||
|Net
movement|in|7|25,047|266,47|291,524|43,184|6,323|49,507|
|funds||||7|||||
|Reconciliation of|||||||||
|funds|||||||||
|Funds balances|||105,286|84,970|190456|62,102|78,647|140,749|
|brought
forward at|||||||||
|31Mar 2020|||||||||
|Fund balances|||130,333|351,44|481,780|105,28|84,970|190,256|
|carried forward||||7||6|||
|at31March 2021|||||||||
||||||2021|2021|2020|2020|
|---|---|---|---|---|---|---|---|---|
|||||Notes|||||
|Fixed assets||||||16,068||17,902|
|Tangible assets|||||||||
|Current assets|||||||||
|Debtors||||10|81/53||42,261||
|Cash atbank and|in hand||||412,149||175,544||
||||||493,502||217,805||
|Current liabilities|||||||||
|Creditors:
Amounts||due|in less than|11|(27,790)||(45,451)||
|one year|||||||||
|Net current assets||||||465,712||172,354|
|Total net assets||||||481,780||190,256|
|The funds ofthe|charity:||||||||
|Restricted funds||||||351,447||84,970|
|Unrestricted
funds|||||||||
|Designated
Funds||||||||40,368|
|General Funds||||||130833||64,918|
|||||||130833||105,286|
|Total funds||||12||481,780||190+56|
|Approved
by the Trustees on|||.. "...".....ly 2022||||||
|Signed on their behalf by the|||Treasurer||||||
|Charity Registration|Number:||1168101||||||
|HOSPITAL ROOMS
STATEMENT OFCASH FLOWS
YEARENDED 31MARCH 2021||||
|---|---|---|---|
|||2021|2020|
||Notes|||
|Cash flows from operating
activities:||||
|Net cash provided by operating
activities|A|237,583|5,076|
|Cash flows from investing
activities:||||
|Purchase oftangible fixed assets||(978)||
|Net cash provided
by investing
activities||(978)||
|Change in cash and cash equivalents
in the year||236,605|5,076|
|Cash and cash equivalents
at31March 2020|B|175,544|170,468|
|Cash and cash equivalents
at31March 2021|B|412,149|175,544|
|Notes to the statement ofcash flows for the year to31March 2021||||
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|||||2021|2020|
|---|---|---|---|---|---|
|Net movement
in funds (as per|||the statement offinancial activities)|291,524|49,507|
|Adjustments|for:|||||
|Depreciation|charge|||2,812|2,751|
|(increase) in|debtors|||(39,092)|(12,713)|
|Decrease in|creditors|||(18,639)|(34,469)|
|Net cash provided||by operating|activities|236,605|5,076|
|Analysis ofcash and cash||equivalents||||
|||||2021|2020|
|Cash atbank|and in|hand||412,149|175,544|
|Total cash and cash equivalents:||||412,149|175,544|
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||||Unre-|Restric-|2021|Unre-|Restric-|2020|
|---|---|---|---|---|---|---|---|---|
||||stric-|ted||stricted|ted||
||||ted||||||
|||||funds|funds||||
|Donations|||113,95|78,938|192,890|71,608|47,944|119,552|
||||2||||||
|In Kind|donations|(note||1+00|1400|15,600|59,700|75,300|
|4)|||||||||
|Grants received|||5,187|165,864|171,051|746|131,754|132,500|
|Donated|Artwork|(note|||||||
|9)|||||||||
|Total|||119,13|246,102|365,241|87,954|239,398|327,352|
||||9||||||
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|||Unre-|Restric-|2021|Unre-|Restric-|2020|
|---|---|---|---|---|---|---|---|
|||stricted|ted||stricted|ted||
|||funds|funds||funds|funds|funds|
|Project contributions|&om|||||||
|NHS Hospitals|||46,250|46,250||47,650|47,650|
|Project contributions|&om|||||||
|Norwich University|ofthe||20,000|20,000||17,444|17,444|
|Arts||||||||
|Total|||66450|66,250||65,094|65,094|
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|||Unre-|Restric-|2021|Unre-|Restric-|2020|
|---|---|---|---|---|---|---|---|
|||stricted|ted||stricted|ted||
|||funds|funds|funds||||
|Hauser and Wirth|Annual|72,083||72,083|73,397|||
|Auction|||||||73,397|
|20x20 cm sales|||||4,850||4,850|
|Editions sales||4,208||4/08|4,033||4,033|
|Other merchandise|sales|118,430||118,430|2,438||2,438|
|Film Commission||||||10,978|10,978|
|Total||194,721||194,721|84,718|10,978|95,696|
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|TOTAL EXPEN|DI|TU|RE|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unre-|Re-|2021|Unre-|Restric-|2020|
|||||stricted|stric-|funds|stricted|ted|funds|
|||||funds|ted||funds|funds||
||||||funds|||||
|Raising funds||||||||||
|Merchandise
purchases,||Pro-||||||||
|fessional fees, Grant|Writing|||39,722|38,938|78,660|36,146|1,137|37,283|
|and other fundraising|cost|||||||||
|Staffcost (note 6)|||||||3,709||3,709|
|Costs directly allocated||to||||||||
|activities||||||||||
|Artists commissions|||||36,752|36,752||245,469|245,469|
|StafFcost (note 6)||||3,463|104440|107,703||14,826|14,826|
|Artwork creation and installa-|||||5,804|5,804||19,609|19,609|
|tion||||||||||
|Transportation||||45|802|847||27,864|27,864|
|Exhibitions,
art workshops|||and|6|38,062|38,068||25,027|25,027|
|live events||||||||||
|Other direct costs||||209|3,081|3,290||3,043|3,043|
|Support costs allocated||to||||||||
|activities||||||||||
|Staffcost (note 6)||||57,050|896|57846|2,293|3,798|6,091|
|Depreciation||||2,812||2,812|2,751||2,751|
|Accountancy
fees||||8,178|2,250|10,428|13,799|2,651|16,450|
|Governance
costs (note||5)||900||900|1,800||1,800|
|Office rent||||13,822|5,644|19,466|10,134|10,134|20,268|
|Other support expenditure||||(14,948)|27/31|12/83|5,903|8,542|14,445|
|Total||||111459|263,800|375,059|76,535|362,100|438,635|
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|||Unre-|Restric-|2021|Unre-|Restric-|2020|
|---|---|---|---|---|---|---|---|
|||stric-|ted||stricted|ted||
|||ted||||||
|||funds|funds|funds||||
|Independent|Examiner|900||900|1,800||1,800|
|fee||||||||
|Total||900||900|1,800||1,800|
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||2021|2020|
|---|---|---|
|Salaries|162,036|24,058|
|Social security costs|||
|Pension contributions|3613|568|
||166649|24 626|
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|||||2021|2020|
|---|---|---|---|---|---|
|Depreciation||||2,812|2,751|
|Staffcosts (note 6)||||165,649|24,626|
|Independent|Examiner's|remuneration|—current year|900|900|
|Independent|Examiner's|remuneration|—prior year||900|
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|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Artwork|Computer|Total|
|||equipment|2021|
|Cost||||
|On 1April 2020|26,000|604|26,604|
|Additions||978|978|
|At 31March 2021|26,000|1,582|27,582|
|Depreciation||||
|On 1April 2020|8,400|302|8,702|
|Charge for the year|2,600|212|2,812|
|At31March 2021|11,000|514|11,514|
|Net book values:||||
|At31March 2021|15,000|1,068|16,068|
|At 31March 2020|17,600|302|17,902|
|jectivess.||||
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|DEBTORS||||
|---|---|---|---|
|||2021|2020|
|Aged debtors||57,129|18,944|
|Prepayments|and other debtors|23,844|23,317|
|Other debtors||380|0|
|||81/53|42,261|
|CREDlTORS: AMOUNTS DUE IN LESSTHAN ON|E YEAR||
|---|---|---|
||2021|2020|
|Expense creditors and accruals|2,404|2,209|
|Social security and pension liability|3/57|1,575|
|Deferred income|17,847|41,667|
|Other creditors|4,182||
||27,790|45,451|
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||||At|||Transfers|At|
|---|---|---|---|---|---|---|---|
|||1April||||between|31March|
|||2020||Income|Expenditure|funds|2021|
|Restricted funds||||||||
|Rosewood|||845||(1,057)|212||
|Greenfields||3,159|||(2,846)||313|
|Bethlem MBU|||509|40,000|(1,854)||38,655|
|West
Kent|Rehab|4,383|||||4@83|
|Centre||||||||
|Garfield
Weston||||25,000|(25,000)|||
|Core Funding||||||||
|Askew Ward||11,912||7,500|(11,915)|10,650|18,146|
|Bevan Ward||16,773|||(1,657)|10,650|25,767|
|Titan Ward||18,041|||(3,316)|10,650|25/75|
|Northside
Unit||29,348||13,806|(21,120)|8,418|30,451|
|ACE Cultural|Re-|||75,330|(80,689)||(5/59)|
|covery||||||||
|Bluebird House||||1,300|(1,148)||152|
|Digital Art School||||78,897|(94,001)|80,000|64,896|
|Make for Tomorrow||||16,000|(17,346)|1,346||
|N orth side|Work-|||32,500||15,000|47,500|
|shop||||||||
|||||20,000|(1,832)|18,000|36,168|
|Springfield
Hospital||||||||
|||||2,000||63,000|65,000|
|Torbay Hospital||||||||
|Total restricted||||||||
|funds||84,970||312,333|(263,781)|217,925|351,447|
|Unrestricted|funds|105,286||313,879|(70,907)|(217,925)|130,333|
|Total funds||190,256||626,212|(334,688)||481,780|
##
|ANALYSIS OFNETASSETSBET|WEEN~S|||
|---|---|---|---|
|||31March 2021||
||Unrestricted|Restricted||
||funds|funds|Total|
|Tangible fixed assets|16,068||16,068|
|Net current assets|114,265|351,447|465,712|
||130,333|351,447|481,780|
|||31March 2020||
|---|---|---|---|
||Unrestricted|Restricted||
||funds|funds|Total|
|Tangible fixed assets|17,902||17,902|
|Net current assets|87,384|84,970|173,354|
||105,286|84,970|190,256|
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