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|||Page|
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|Trustees'
annual
report|||
|Independent
examiner's
report to the trustees|||
|Statement offinancial|activities||
|Statement offinancial|position||
|Notes to the financial|statements||
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|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||||
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||||||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|
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|||||||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|
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||||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|
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||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|
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|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
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|||||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|
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||||||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)|
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|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|
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|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|
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|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|
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|||||||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|
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|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|
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