REGISTERED COMPANY NUMBER: 10658248 (England and Wales) REGISTERED CHARITY NUMBER: 1173071
## Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2021
for (A CompanyAntepavLim **i** tedlion by LtdGuarantee)
Nielsens Chartered Accountants The Gatehouse 453 Cranbrook Road Ilford Essex 1G2 6EW
Antepavilion Ltd
## Contents of the Financial Statements for the Year Ended 31 March 2021
|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|2|
|Independent Examiner's Report||3||
|Statement ofFinancial Activities||4||
|Balance Sheet||5||
|NotestotheFinancialStatements|6|to|8|
## Antepavilion Ltd (Registered number: 10658248)
## Report of the Trustees for the Year Ended 31 March 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective | January 2019).
## OBJECTIVES AND ACTIVITIES
## Objectives and aims
The charity's aims arc to advance the education of the public in art and architecture, particularly but not exclusively for the people of Hackney.
## ACHTEVEMENT AND PERFORMANCE
## Charitable activities & public benefit
This year the charity again operated our annual art and architecture prize, The Antepavilion Commission. This unique initiative offers emerging architects, artists and makers an opportunity to create new work for public display within the Columbia and Brunswick Wharf complex. This year’s winning entry was Sharks! by Hackney-based architect, Jamie Shorten.
The wharves complex is a unique urban environment, situated on the Regents Canal in Haggerston, that hosts a wide range of independent arts and now commands widespread recognition locally in east London but increasingly also now nationally and globally. Further information can be found on our website www.antepavilion.org.
The commissioning and exhibiting of contemporary architectural and other a 3d works and the hosting of various debates and talks alongside the provision of affordable studio spaces in the heart of London have continued to further our objectives, specifically to advance the education of the public in art and architecture, particularly the local people of Hackney.
Through examination and discussion of the art-craft-architecture continuum we aim to develop appreciation of the importance of promoting a balance between them in our ever-commercialising and over-regulated urban realm. To this end this year saw the continuance of our study on self-build architecture that aims to survey and explore the alternatives to prevailing modern design and prescriptive living.
Provision of affordable studio spaces serves to reinforce this by maintaining a creative presence in a city where ever increasing rents threaten London’s status as a world-class creative hub.
Projects over the year have been attended by thousands of members of the public. We have successfully involved university students with our artists, architects and performers, helping to further the creative development of young minds.
A sumimer/ autumn programme of socially distanced outdoor dance and music performances was held at the wharves to support performers, artists and the Hackney locals through the mental and social isolation of the Covid pandemic.
We are grateful for the support received throughout the year from sponsors and especially volunteers whose time and effort have helped make this year a resounding success.
We believe that these activities meet the Charity Commission's criteria of providing education in the fields of art and architecture for the benefit of the wider public and mankind in general.
## STRUCTURE, GOVERNANCE AND MANAGEMENT
## Governing document
The charity is controlled by its governing document, being the Memorandum and Articles adopted on incorporation on 8 March 2017, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## Organisational structure
The charity's constitution requires that a minimum of three directors hold office at any given time.
Page |
Antepavilion Ltd (Registered number: 10658248)
Report of the Trustees for the Year Ended 31 March 2021
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 10658248 (England and Wales)
Registered Charity number 1173071
Registered office
53 - 55 Laburnum Street
London E2 8BD
Trustees
I Askari Assct Management Sales Manager R R Patel Property Designer
T Molloy Architect (resigned 21.8.20)
M S Keshani Vp, Operations (appointed 10.9.20)
Independent Examiner Dipakkumar Shah FCA Nielsens Chartered Accountants The Gatehouse 453 Cranbrook Road
Ilford Essex 1G2 6EW
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 14 December 2021 and signed on its behalf by:
R R Patel - Trustee
Page 2
Independent Examiner's Report to the Trustees of ntepavilion Lt
Independent examiner's report to the trustees of Antepavilion Ltd (‘the Company’) I report to the charity trustees on my examination of[the][accounts][of][ the][ Company][for][ the][year][ended][31][March][2021.]
## Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination ofyour charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 201] Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5} (b) of the 2011 Act.
## Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
- 1, accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## Dipakkumar Shah FCA
Nielsens Chartered Accountants The Gatehouse 453 Cranbrook Road Ilford Essex 1G2 6EW
14 December 2021
Page 3
## Antepavilion Ltd
## Statement of Financial Activities (Incorporating an Income and Expenditure Account) or the Year Ended 31 March 1
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|31.3.21|31.3.20|
|Unrestricted|Total|
|fund|funds|
|Notes|£|£|
|INCOME|AND|ENDOWMENTS|FROM|
|Donations|and|legacies|1,002|23,000|
|Charitable|activities|
|Competitions|-|19,808|
|Unrestricted|142,627|135,943|
|Investment|income|2|2|-|
|Total|143,631|178,751|
|EXPENDITURE|ON|
|Raising|funds|-|17,047|
|Charitable|activities|
|Unrestricted|155,914|144,746|
|Total|155,914|161,793|
|NET INCOME/(EXPENDITURE)|(12,283)|16,958|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought|forward|17,384|426|
|TOTAL FUNDS CARRIED FORWARD|>, 101|17,384|
**----- End of picture text -----**
The notes form part of these financial statements
Page 4
Antepavilion Ltd (Registered number: 10658248)
## Balance Sheet 31 March 2021
|||31.3.21|31.3.20|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|CURRENT ASSETS||||
|Cash at bank and in hand||36,588|28,055|
|CREDITORS||||
|Amounts falling duc within onc year|5|(31,487)|(10,671)|
|NETCURRENTASSETS||5,101|17,384|
|TOTAL ASSETS LESS CURRENT||||
|LIABILITIES||5,101|17,384|
|NETASSETS||5,101|17,384|
|FUNDS|6|||
|Unrestricted funds||5,101|17,384|
|TOTALFUNDS||5,101|17,384|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of theCompanies Act 2006.
## The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b} preparing financial statements which vive a true and fair view of the stale of afTairs of the charitable company as al the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 14 December 2021 and were signed on its behalf by:
## R R Patel - Trustee
The notes form part of these financial statements
Page 5
Antepavilion Ltd
1. ACCOUNTING POLICIES
2.
3.
## Notes to the Financial Statements for the Year Ended 31 March 2021
## Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective | January 2019)’, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## Taxation
The charity is exempt from corporation tax on its charitable activities.
## Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## INVESTMENT INCOME
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|31.3.21|31.3.20|
|£|£|
|Deposit|account|interest|2|-|
|NET INCOME/(EXPENDITURE)|
|Net|income/(expenditure)|is|stated|after|charging/(crediting):|
|31.3.21|31.3.20|
|£|£|
|Other operating|leases|60,000|80,000|
**----- End of picture text -----**
Page 6
continued...
Antepavilion Ltd
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
## Trustees' expenses
There were no trustees’ expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
## 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
6.
|||31.3.21|31.3.20|
|---|---|---|---|
|||£|£|
|Trade creditors||21,616|-|
|Other creditors||9,03 1|9,831|
|Accrued expenses||840|840|
|||31,487|10,671|
|MOVEMENT IN FUNDS||||
|||Net||
|||movement|At|
||At 1.4.20|in funds|31.3.21|
||£|£|£|
|Unrestricted funds||||
|General fund|17,384|(12,283)|5,101|
|TOTAL FUNDS|17,384|(12,283)|5,101|
|Net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|Unrestricted funds||||
|General fund|143,631|(155,914)|(12,283)|
|TOTAL FUNDS|143,631|(155,914)|(12,283)|
|Comparatives for movement in funds||||
|||Net||
|||movement|At|
||At 1.4.19|in funds|31.3.20|
||£|£|£|
|Unrestricted funds||||
|General fund|426|16,958|17,384|
|TOTALFUNDS|426|16,958|17,384|
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continued...
Antepavilion Ltd
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
6.
## MOVEMENT IN FUNDS- continued
Comparative net movement in funds, included in the above are as follows:
7.
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|Unrestricted funds||||
|Gencral fund|178.751|(161,793)|16,958|
|TOTAL FUNDS|178.751|(161,793)|16,958|
|A current year 12 months and prior year 12 months combined position is as follows:||||
|||Net||
|||movement|At|
||At 1.4.19|in funds|31.3.2]|
||£|£|£|
|Unrestricted funds||||
|General fund|426|4,675|5,101|
|TOTAL FUNDS|426|4,675|5,101|
|A current year 12 months and prior year 12 months combined net movement in funds, included||in theabove are as follows:||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|Unrestricted funds||||
|Gencral fund|322,382|(317,707)|4,675|
|TOTAL FUNDS|322,382|(317,707)|4,675|
|RELATEDPARTYDISCLOSURES||||
A current year 12 months and prior year 12 months combined position is as follows:
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
There were no related party transactions for the year ended 31 March 2021.
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This document was delivered using electronic communications and authenticated in accordance with the registrar's rules relating to electronic form, authentication and manner of delivery under section 1072 of the Companies Act 2006.