2021-12-31-accounts

		Page
Trustees' annual report
Independent examiner's report to the trustees
Statement offinancial	activities
Statement offinancial	position
Notes to the financial	statements

Reference and adm	Reference and adm	inistrative	details
Registered chadty		name	llfracombe	Art 8Craft Society
Charity registration		number	1I68685
Principal office			9/10 The Promenade
			Wider Road
			llfracombe
			EX348DQ
			Devon
The trustees			Mrs L Beard
			Mr C Curtis
			Mr A Kift
			Mrs S Kelly
			Mrs A Rawlings
Independent	examiner		Catherine Williams		ACA DChA
			Thomas Westcott		Chartered	Accountants
			47 Boutport	Street
			Barnstaple
			Devon
			EX31 1SQ

					2021	2021	2020
					Unrestricted
					funds	Total funds	Total funds
				Note		8	E
Income and endowments
Donations and legacies				4	11,836	11,836	12,717
Charitable activities				5	22,623	22,623	13,689
Investment	income			6	43	43	221
Total income					34,502	34,502	26,627
Expenditure
Expenditure	on raising funds:
Costs	ofother activities			7	(150)	(150)	(103)
Expenditure Taxation	on charitable	activities		8,9 11	(22,057)	(22,057)	(24,218) 36
Total expenditure					(22,207)	(22,207)	(24,285)
Net income	and net movement		in funds		12,295	12,295	2,342
Reconciliation offunds
Total funds	brought forward				56,843	56,843	54,501
Total funds	carried forward				69,138	69,138	56,843

						2021	2020
					Note		6
Fixed assets
Tangible fixed assets					16	979	403
Current assets
Stocks					17	600	300
Debtors					18	670	518
Cash at bank	and	in	hand			72,549	61,231
						73,819	62,049
Creditors: amounts			falling	due within one year		5,660	5,609
Net current assets						68,159	56,440
Total assets	less	current		liabilities		69,138	56,843
Net assets						69,138	56,843
Funds ofthe charity Unrestricted funds						69,138	56,843
Total charity	funds				20	69,138	56,843

			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
			F	6		F
	Donations
	Other donations		487	487	313	313
	Grants
	Coronavirus	Grant	10,764	10,764	11,334	11,334
	Subscriptions Membership		585	585	1,070	1,070
			11,836	11,836	12,717	12,717
5.	Charitable	activities
			Unrestdicted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
					F
	Commission	from sales	22,623	22,623	13,689	13,689
6.	Investment	income
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
			F		F	F
	Bank interest receivable		43	43	221	221
7.	Costs ofother activities
			Unrestdicted	Total Funds	Unrestricted	Total Funds
			Funds	2021	Funds	2020
	Fundraising	costs	150	150	103	103

				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds	2020
					8		F
	Donations	made		1,147	1,147	900	900
	Support costs			20,910	20,910	23,318	23,318
				22,057	22,057	24,218	24,218
9.	Expenditure		on charitable	activities by activity type
				Donations	Support	Total funds	Total fund
				made	costs	2021	2020
				E	8	E	F
	Art centre	expenses, etc.,		1,147	20,910	22,057	24,218

					Analysis of
					support costs
					activity	Total 2021 f	Total 2020
Premises					12,750	12,750	12,750
Communications		and	IT		541	541	461
General office					411	411	431
Rates, water,	light and		heat		1,698	1,698	1,116
Repairs and	Maintenance				1,933	1,933	1,505
Insurance					617	617	878
Miscellaneous		costs			54	54	145
Accountancy	/	Independent		examination	1,266	1,266	1,962
Depreciation					172	172	71
Memberships Protective equipment			-Coronavirus		35 57	35 57	36 3,085
Streamline charges					1,376	1,376	878
					20,910	20,910	23,318

11.	Taxation
	INajor components	oftax income
			2021	2020
			E	F
	Current tax:
	UK current tax income			(36)
	Taxation			(36)

12.	Net income
	Net income is		stated after	charging/(crediting):
						2021	2020
						5	F
	Depreciation	oftangible fixed assets				172	71
13.	Independent		examination	fees
						2021	2020
							5
	Fees payable		to the independent		examiner for:
	Independent	examination		ofthe	financial statements	1,500	1,758

Tangible fixed assets
	Fixtures and
	fittings
	6
Cost
At 1 January 2021 Additions	637 748
At 31December 2021	1,385
Depreciation At 1 January 2021 Charge for the year	234 172
At 31 December 2021
Carrying amount At 31 December 2021	979
At 31 December 2020	403

17.	Stocks
				2021	2020
					F
	Packaging and draw		prizes	600	300
18.	Debtors
				2021	2020
					F
	Prepayments	and accrued income		670	518
19.	Creditors: amounts		falling due within one year
				2021	2020
	Trade creditors			3,801	3,640
	Accruals and	deferred	income	1,859	1,969
				5,660	5,609

						At
			At		31	December
		1	January 2021	Income	Expenditure	2021
			F		F	8
General	funds		56,843	34502	(22207)	69138
						At
			At		31	December
		1	January 2020 f	Income 8	Expenditure E	2020
General	funds		54,501	26,627	(24285)	56,843

Analysis ofnet as	sets between funds
		Unrestricted	Total Funds
		Funds	2021
Tangible fixed assets Current assets		979 73,819	979 73,819
Creditors less than	1 year	(5,660)	(5,660)
Net assets		69,138	69,138
		Unrestricted	Total Funds
		Funds	2020
Tangible fixed assets Current assets		403 62,049	403 62,049
Creditors less than	1 year	(5,609)	(5,609)
Net assets		56,843	56,843