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2020-12-31-accounts

Passion For Freedom
Statement ofFinancial Activities
For The Year Ended 31December 2020
2020 2019
Unrestricted Total
fund funds
Notes
INCOME AND ENDOWMENTS FROM
Donations
and legacies
3,399 3,337
EXPENDITURE ON
Raising funds 2,754 8,692
NET INCOME/(EXPENDITURE) 645 (5,355)
RECONCILIATION
OFFUNDS
Total funds brought forward 14,792 20,147
TOTAL FUNDS CARRIED FORWARD 15&437 14,792

Statement ofFinancial P
31December 2020
ositio n
2020 2019
Unrestricted Total
fund funds
Notes
CURRENT ASSETS
Cash at bank 18,437 17,793
CREDITORS
Amounts
falling due within one
year (3,000) (3,001)
NET CURRENT ASSETS 15,437 14,792
TOTAL ASSETSLESS CURRENT
LIABILITIES 15,437 14,792
NET ASSETS 15,437 14,792
FUNDS
Unrestricted
funds
15,437 14,792
TOTALFUNDS 15,437 14,792
The financial
statements
were approved hy the Board of Trustees and authorised for issue on .....2,'F/~. „d?/ZQZJ
and were signed on its behalf by:

Raising donations
and legacies
2020 2019
Support costs 2,754 8,692

COMPARATIVKS FOR THE STATEMENT OF FINANCIAL ACTI VITIES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Donations
and legacies
3,337
EXPENDITURE ON
Raising funds 8,692
NKT INCOME/(EXPENDITURE) (5,355)
RECONCILIA. TION OFFUNDS
Total funds brought forward 20,147
TOTAL FUNDS CARRIED IORWARD 14,792

CREDITOR S : AMOUNTS FALLING DUE WITHIN ONE Y EAR
2020 2019
Trade creditors 600 601
Other creditors 2,400 2,400
3,000 3,001
MOVEMENT IN FUNDS
Net
movement At
At 1.1.20 in funds 31.12.20
Unrestricted funds
General fund 14,792 645 15,437
TOTAL FUNDS 14,792 645 15,437
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 3,399 (2,754) 645
TOTAL FUNDS 3,399 (2,754) 645
Comparatives for movement in funds
Net
movement At
At 1.1.19 in funds 31.12.19
K
Unrestricted funds
General fund 20,147 (5,355) 14,792
TOTAL FUNDS 20,147 (5,355) 14,792

Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 3,337 (8,692) (5355)
TOTAL FUNDS 3,337 (8,692) (5,355)
Net
movement At
At 1.1.19 in funds 31.12.20
Unrestricted funds
General fund 20,147 (4,710) 15,437
TOTAL FUNDS 20,147 (4,710) 15,437
Incoming Resources Movement
resources expended in funds
f.
Unrestricted funds
General frutd 6,736 (11,446) (4,710)
TOTAL FUNDS 6,736 (11,446) (4,710)

Passion For Freedom Passion For Freedom
Detailed Statement ofFinancial Activities
For The Year Ended 31December 2020
2020 2019
INCOME AND ENDOWMENTS
Donations
and
legacies
Memberships 360 480
Donations 3,039 2,857
3)399 3,337
Total incoming resources 3,399 3,337
EXPENDITURE
Support costs
Management
Marketing 100
Gallery rent 3,600
Sundries 284 1,172
Website costs 16 131
300 5,003
Finance
Bank charges 54 89
Governance costs
Accountancy and legal fees 2,400 2,400
Exceptional
items
1,200
2,400 3,600
Total resources expended 2,754 8,692
Net income/(expenditure) 645 (5,355)