SIC-. WEts LOP Manchester Craft and Design Report and Accounts 31 March 2022
| Page | |||
|---|---|---|---|
| Company information |
1 | ||
| Trustees (director's) | report | 2 | |
| Independent Examiners |
report | 17 | |
| Statement offinancial |
activities | 18 | |
| Balance sheet | 19 | ||
| Notes to the accounts | 20 |
| for the year ende | d 31 March | 2022 | ||||
|---|---|---|---|---|---|---|
| Notes | General | Restricted | 2022 | 2021 | ||
| funds | funds | |||||
| f | f | f. | f | |||
| Incoming Resources |
||||||
| Rental income | 41,477 | 41,477 | 20,019 | |||
| Grants receivable - | Arts Council NPO | 81,472 | 81,472 | 81,472 | ||
| Grants receivable - | Arts Council CRF | 37,916 | 37,916 | 80,030 | ||
| Grants receivable - | MCC | 15,792 | 15,792 | 19,948 | ||
| Grants receivable —MCC discretionary |
37,676 | 37,676 | ||||
| Grants receivable - | Business rates | 2,667 | 2,667 | 29,669 | ||
| Grants receivable - | NLCF | 9,850 | 9,850 | |||
| Grants receivable - | Job retention | scheme | 9,591 | |||
| Sundry income | 1,347 | 1,347 | 2,452 | |||
| Donations - general |
167 | 167 | 149 | |||
| Donations - trading | subsidiary | 8,563 | 8,563 | |||
| Bank interest | 427 | 427 | 648 | |||
| Total incoming resources |
92,324 | 145,030 | 237,354 | 243,978 | ||
| Resources expended | ||||||
| Employee costs | 2 | 32,089 | 75,490 | 107,579 | 116,628 | |
| Premises costs | 77 | 20,259 | 20,336 | 26,097 | ||
| Exhibition &promotion costs |
1,762 | 45,356 | 47,118 | 32,254 | ||
| General operating 8 administrative |
expenses | 22,468 | 16,529 | 38,997 | 30,490 | |
| Legal 8 professional | costs | 2 | 1,737 | 570 | 2,307 | 4,317 |
| 8 | 58,133 | 158,204 | 216,337 | 209,786 | ||
| Net incoming (outgoing) resources |
34,191 | (13,174) | 21,017 | 34,192 | ||
| Total funds at 1st | April 2021 | 131,762 | 23,685 | 155,447 | 121,255 | |
| Transfers between |
funds | (669) | 669 | |||
| Total funds at 31stMarch 2022 | 165,284 | 11,180 | 176,464 | 155,447 |
| Company number |
2572530 | 2572530 | |||||
|---|---|---|---|---|---|---|---|
| Charity number 1173366 | |||||||
| Notes | 2022f | 2021f | |||||
| Fixed assets | |||||||
| Tangible assets | 3 | 3 | |||||
| Investments | 10 | 10 | |||||
| 13 | 13 | ||||||
| Current assets | |||||||
| Debtors | 5 | 3340 | 15,269 | ||||
| Cash at bank and | in hand | 197,570 | 163,368 | ||||
| 200,910 | 178,637 | ||||||
| Creditors: amounts | falling due | ||||||
| within one year | 6 | (24,459) | (23,203) | ||||
| Net current assets | 176,451 | 155,434 | |||||
| Net assets | 176,464 | 155,447 | |||||
| Capital and reserves | |||||||
| General funds | 165,284 | 131,762 | |||||
| Restricted funds |
11,180 | 23,685 | |||||
| Funds | 176,464 | 155,447 |
| 3 | Tangible fixed | as | sets | ||||
|---|---|---|---|---|---|---|---|
| Plant | and | ||||||
| machinery | |||||||
| etc | |||||||
| Cost | |||||||
| At 1 April 2021 | 24,402 | ||||||
| At 31 March 2022 | 24,402 | ||||||
| Depreciation | |||||||
| At 1 April 2021 | 24,399 | ||||||
| At 31 March 2022 | 24,399 | ||||||
| Net book value | |||||||
| At 31 March 2022 | |||||||
| At 31 March 2021 | |||||||
| 4 | Investments | ||||||
| Investments | in | ||||||
| subsidiary | |||||||
| undertakings | |||||||
| E | |||||||
| Cost | |||||||
| At 1 April 2021 | 10 | ||||||
| At 31 March 2022 | 10 | ||||||
| The investment | comprises: | ||||||
| Company | Shares held | ||||||
| Class | 0/ | ||||||
| MCAD Enterprises | Limited | Ordinary | 100 |
| No | tes to the Accounts | tes to the Accounts | tes to the Accounts | ||
|---|---|---|---|---|---|
| for | the year ended 31 March 2022 | ||||
| 5 | Debtors | 2022 | 2021 | ||
| 6 | 6 | ||||
| Trade debtors | 3,340 | 15,269 | |||
| 6 | Creditors: amounts falling due |
within one year | 2022 6 |
2021f | |
| Trade creditors | 2,838 | 4,994 | |||
| Other taxes and | social security costs | 2,960 | 2,709 | ||
| Other creditors -deposits & rents |
in advance | 18,661 | 15,500 | ||
| 24,459 | 23,203 | ||||
| 7 | Employees, trustees, volunteers | &related parties | 2022 | 2021 | |
| Average number |
of employees |
| 8 | Funds | Brought | Incoming | Resources | Transfers | Carried | ||
|---|---|---|---|---|---|---|---|---|
| forward | resources | expended | between | forward | ||||
| funds | ||||||||
| 2021/22 | ||||||||
| Restricted funds: | ||||||||
| Arts Council NPO 2020/21 | 9,339 | (9,339) | ||||||
| Arts Council NPO 2021/22 | 81,472 | 88,192 | 9,339 | 2,619 | ||||
| Arts Council Cultural | Recovery | 6,809 | 37,916 | 44,725 | ||||
| MCC Cultural Partnership |
418 | 15,792 | 16,162 | (48) | ||||
| Mcc Neighbourhood | Inv. | Fund | 3,896 | 3,980 | 84 | |||
| National Lottery Community |
Fund | 9,850 | 1,289 | 8,561 | ||||
| Awards for All |
2,423 | 3,058 | 635 | |||||
| Radcliffe Trust | 800 | 798 | (2) | |||||
| Total restricted funds |
23,685 | 145,030 | 158,204 | 669 | 11,180 | |||
| General funds | 131,762 | 92,324 | 58,133 | (669) | 165,284 | |||
| Total funds | 155,447 | 237,354 | 216,337 | 176,464 | ||||
| Represented by: |
||||||||
| Fixed assets | 13 | |||||||
| Net current assets | 176,451 | |||||||
| 176,464 |
| Prior year - 2020/21 | Brought | Incoming | Resources | Transfers | Carried | |
|---|---|---|---|---|---|---|
| forward | resources | expended | between | forward | ||
| funds | ||||||
| Restricted funds: |
||||||
| Arts Council NPO 2020/21 |
6,795 | 81,472 | 78,928 | 9,339 | ||
| Arts Council Cultural |
Recovery | 80,030 | 39,821 | (33,400) | 6,809 | |
| MCC Cultural Partnership |
143 | 16,052 | 15,777 | 418 | ||
| MCC Neighbourhood | Inv. Fund | 3,896 | 3,896 | |||
| Awards for All | 5,540 | 3,117 | 2,423 | |||
| Radcliffe Trust | 1,650 | 850 | 800 | |||
| Total restricted funds |
14,128 | 181,450 | 138,493 | (33,400) | 23,685 | |
| General funds | 107,127 | 62,528 | 71,293 | 33,400 | 131,762 | |
| Total funds | 121,255 | 243,978 | 209,786 | 155,447 |