| for the year en | ded | 31 July 2021. | |||
|---|---|---|---|---|---|
| Notes | 2021 | 2020 | |||
| E | E | ||||
| Grants, Donations, | and Fundralsing | 45,848.00 | 69,188.00 | ||
| Event Cosh | -41,279.00 | -67,516.00 | |||
| Gross Profit | 4,669.00 | 1,670.00 | |||
| Administrative | expenses | 4,124.00 | -3,982.00 | ||
| YEAR ENDING 31 | JULY 2021 | &,55&00 | -2212.00 |
| the year ended 31J | uly 2021. | |||||
|---|---|---|---|---|---|---|
| Notes | 2021 | 2020 | ||||
| Current assets | ||||||
| Cash at bank and in | hand | 28,025 | 31,580 | |||
| 28,025 | 31,580 | |||||
| Creditors: amounts | falling due | |||||
| after more than one year | 2 | -7,043 | -755 | |||
| Net Current Assets | 20,982 | 30,825 | ||||
| YEAR ENDING 31JULY2021 | 20,982 | 30,825 | ||||
| Creditors: amounts | falling due | |||||
| after more than one year | -8,600 | |||||
| Net liabilities | 20,982 | 22,225 | ||||
| Reserves | ||||||
| Profit and loss account | 18,670 | 22,225 | ||||
| Adjustment | ||||||
| Members' Funds |
18,670 | 22,225 |
| 2 | Creditors: amounts | falling due within one year | 2021 | 2020 |
|---|---|---|---|---|
| 6 | E | |||
| Other creditors | 7,043 | 755 | ||
| 7,043 | 755 |
| Analysis ofcharitable | funds | 2021 | 2020 |
|---|---|---|---|
| E | E | ||
| Opening funds | 22,225 | 24,537 | |
| Profit/Loss) forthe year | -3,555 | -2312 | |
| Transfer to restricted | funds | 0 | 0 |
| Closing funds | 18,670 | 22,225 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| E | E | |||
| Donations and grants |
||||
| Kingston Council Grant |
27,000 | 7,715 | ||
| Korean Government | Grant | |||
| British Heritage | 9,700 | 38,800 | ||
| E-Won Art Factory | 14,829 | |||
| Private Sponsers | 9,148 | 7,842 | ||
| Stall income | ||||
| Souvenir Sales | ||||
| 45,848 | 69,186 | |||
| Cost ofproduction | ||||
| Direct costs | 38,122 | 59,022 | ||
| Artist Fees | ||||
| Management | 2,500 | |||
| Insurance | ||||
| Hospitality / Donations |
140 | |||
| PR Ik Marketing | 3,157 | 5,854 | ||
| 41,279 | 67,516 | |||
| Administrative expenses |
||||
| Employee costs: | ||||
| Committee Dinners |
||||
| Travel and subsistence | 1,700 | 1,520 | ||
| 1,700 | 1,520 | |||
| General administrative | expenses | |||
| Stationery and printing | 417 | 416 | ||
| Bank charges | 4 | 1 | ||
| Postage | 1,644 | 187 | ||
| Rent | 2,858 | 798 | ||
| software | 980 | 160 | ||
| Sundry expenses | 221 | |||
| 6,124 | 1,562 | |||
| Legal and professional | costs: | |||
| Accountancy fees | 300 | 900 | ||
| 300 | 900 | |||
| Total administrative | expenses | 8,124 | 3,982 |