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2022-04-30-accounts

CONTENTS Paoe
Chairwomen's report 2-3
ReportofTrustees 4-10
lndependentExamine/sReport 11
StatementofFinancialActivities 12
Balance Sheet 13
Notes to the Financial Statements 14-16

Yearsnded Yearsnded
Yearended 30April
Note U nrestricted
Funds
30April2022
Restricted
Total
Funds
Funds
2021
Total
Funds
2022 2022 2022 2021
e E€ e
INGOME 2
Grants & Oonations 65,900 63,610 129.570 88,1 10
Advertising lncome 1,520 1,520 2,150
lncome from charitable ac{ivities 25,'133 25,133 I,71'l
TOTAL INCOME 92,613 63,610 156,223 98,971
EXPENDITURE 3
Festivalandartistcosts 35,47'l 18,9',t2 54,383 32,667
Community Outreach and accessibility 7,843 21,803 29,646 17,358
Organisational Development 6,054 2,300 8,354 6,659
Marketing 10,159 3,109 13,268 8,557
Administrative Expenses '17,818 12,933 30,751 16,672
Govemance costs 972 972 888
Deprecation 794 794 794
TOTAL EXPENDITURE 79 't11 59057 138,168 83,595
NET(EXPENDITURE) / INCOME 13,502 4,553 18,055 15,376
Transfer between funds
NETMOVEMENT IN FUNDS
(6,06
7,U0
6,062
10,615
18,055 15,376
TOTAL FUNDS BROUGHT FORWARO 17,160 1,385 18,545 3,169
CARRIED FORWARD AT30APRIL 2022 24,600 12,000 36.600 18.545

BALA NCESH EETas at30A pril2022
U nrestricted Restricted Total Total
Funds Funds Funds Funds
Note 2022 2022 2022 2021
e e
FixedAssets:
Equipment 5 589
1
1,589
589
1
1,589
383
2
2,383
Current Assets:
Debtors 6 1,203 1,203
Cash at Bank 7 23,983 't7,612 41,595 45,968
23,983 18,815 42,798 45,968
TotalAssels 25,572 18,815 44,387 48,35'l
Creditors:
Amountsfallingduewithin
oneyear
I 972
6,815
7,787 29,806
TotalAssetslessCurrent Liabilities 24,600 12,000 36,600 18,545
Funds of the Charity
Unrestrictedfunds 10 24,600 24,600 17,160
Restrictedfunds 11 12,000 't2,000 1,385
Totalfunds 24,600 12,000 36,600 18,545

Depreciation
Offlce equiPment
lsprovidedat thefollo
useful life.
- 25%straightline
wingannual ratesin order to write o fftheassets over its estimated
lncome Year ended30
Aptll2022
Year ended30
April2021
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2022
2022I 2022
e
2021
Grants&Donations
Advertisinglncome
lncome fromcharitableactivities
65,960
1,520
25.133
63,610 't29,570
1.520
25,133
88,110
2,150
I.711
92,613 63,610 156.223 98,971
Expenditure Year ended30
Aptll2022
Year ended30
April2021
U nrestricted
Funds
Restricted
Funds
Total
Funds
Total
Funds
2022f 2022
2022
2021
E
Festival andartistcosts
CommunityOutreach andaccessibility
OrganisationalDeveloPment
Marketing
AdministrativeExPenses
Govemancecosts
Depreciation
35,471
7.843
6,054
10,159
17,818
972
794
18,9',12
21,803
2,300
3,109
12,933
54,383
29,646
8,354
13.268
30,751
97?
794
32,667
17,358
6,659
8,557
16,672
888
794
1d 111 AO 057 138.168 83,595
Govemancecosts
lndependentexaminersfee
972 972 888

For the v ear ended30 April2022
5 FixedAssets
Oftlce Equipment 2022 2021
Cost
Asat1May2021 3,177
Addition 3,',177
As at30April2022 3,177 3,177
oepreciation
Asat1May2021
Depreciation charge fortheYear
As at30April2022
(794)
94)
(7
(1,588)
(794)
(794)
Net book value
As at30APril2021
As at30April2022
2,383
1,589
2,383
6 Debto6fallingdueInless
than oneyear
U nrestricted
Funds
2022
Restricted
Funds
2022
Total
Funds
2022
Total
Funds
2021
Prepayments 1,203 'l,203
I,203 203
7 Cash at bank Unrestricted
Funds
Restricted
Funds
Total
Funds
Total
Funds
2022 2022 2022 2021
E E e
Cash
Bank
PayPal
10
23,973
23,983
17,612
17,612
10
41,585
41,595
8
45,913
47
45 968
8 Creditorsfallingduein less
thanoneyear
U nrestricted
Funds
2022
Restricted
Funds
2022
Total
Funds
2022
Total
Funds
2021
f e
Accruals
Deferred income
972
972
6 815
6 815
972
6,815
7,787
888
28 918
29,806
I Deferredincome Brought
fonrard
lncome
Released
Currentyear
lncomeDeferred
Carried
forwa rd
e
Deferred income 29,9'18
29,918
(29,918)
18)
6,815
6,815
6,81 5
6,815

10 Unrestricted funds Brought lncoming Resources Carried
forward
f
resources
e
expended
Transfers
forward
f
Reserves 17,160
17,160
92,613
92,613

(79.111)

(79,111)

(6,062)

(6,062)
24,600
24,600
'11 Restrictedfunds Brought lncoming Resources Carried
forward
E
resources
E
expended
E
Transfers
I
forward
Reserves 1,385 63,610 (59,057) 6,062 12,000
385 63,610 59,05 6 062 12 000