| Total | Prior | |||||
|---|---|---|---|---|---|---|
| Note | Unrestricted | Restricted | Designated | Funds | Year | |
| f | f | f | f | |||
| Income | ||||||
| Fundraising/Donations | 6,983 | 6,9&3 | 11,498 | |||
| Grants | 133,350 | 28,138 | 161,488 | 74,897 | ||
| Total Income | 6,983 | 133,350 | 28,138 | 168,471 | 86,395 | |
| Expenditure | ||||||
| Operating costs |
13,855 | 86,962 | 100,817 | 63,245 | ||
| Total Expenditure | 13,855 | 86,962 | 100,817 | 63,245 | ||
| Net Income over Expenditure | 5 | (6,872) | 46,388 | 28,138 | 67,6$4 | 23,150 |
| Reconciliation offunds |
||||||
| Total funds brought forward | 5,451 | 23,603 | 29,053 | 5,903 | ||
| Total funds carried forward | (1,421) | 69,991 | 28,138 | 96,707 | 29,053 |
| Balance as at | Prior Year | |||
|---|---|---|---|---|
| Note | 31/01/2021 | 31/01/2020 | ||
| f | ||||
| Fixed assets | ||||
| Tangible assets | 31,601 | 19,347 | ||
| 31,601 | 19,347 | |||
| Current assets | ||||
| Cash at bank and in hand | 111,747 | 32,264 | ||
| 111,747 | 32I264 | |||
| Net current | assets less liabilities | 111,747 | 32,264 | |
| Total assets | less current liabilities | 143,34S | 51,611 | |
| Total net assets less liabilities | 143,34S | 51,611 | ||
| Represented | by funds | |||
| Unrestricted | funds | 45J220 | 28,008 | |
| Designated | funds | 28,138 | ||
| Restricted funds | 69,991 | 23,603 | ||
| 143,348 | 51,611 |
| Asset Category | Annual | Rate (Current) | Annual | Rate (Previous) |
|---|---|---|---|---|
| Musical instruments | 20% | 10% | ||
| Sporting Equipment | 20% | 20% | ||
| Equipment &Accessories |
33.3% | 20% | ||
| (formally Musica I Accessories) |
||||
| Office Equipment | 33.3% | 33.3% |
| 2020-2021 | 2019-2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Restricted Grants | Note | f | ||||||
| Barnet Youth | 300 | |||||||
| Brent Neighbourhood | CIL Project | 15,100 | 19,597 | |||||
| Covid-19 Response grants | 3 | 35,000 | ||||||
| Jack Petchey Foundation | 1,750 | 750 | ||||||
| John Lyon's Charity Main | Grant | 40,000 | 40,000 | |||||
| John Lyon's Charity Summer | Holiday Activity | Fund | 6,000 | 4,000 | ||||
| London Borough ofCulture 2020 Culture | Fund (Brent) | 10,000 | ||||||
| London Sport | 1,000 | |||||||
| London Youth | 2,200 | |||||||
| Love Where You Live | 500 | |||||||
| Sport England | 9,000 | |||||||
| The NationalLottery | Awards | for All | 10,000 | 10,000 | ||||
| Young Barnet Foundation | 250 | |||||||
| Young Brent Foundation | Small Grants | 2,800 | ||||||
| 133,350 | 74,897 | |||||||
| 2020-2021 | 2019-2020 | |||||||
| Designated Grants |
Note | f | f | |||||
| HMRC Job Retention | Scheme | 28,138 | ||||||
| 28,138 |
| 2020-2021 | 2019-2020 | ||||||
|---|---|---|---|---|---|---|---|
| Grants | f | f | |||||
| John Lyon's | Charity | ||||||
| London Community | Response Fund |
15,000 | |||||
| The London | Community | Foundation | |||||
| Wembley Park Community |
Fund | (Quintain) | 10,000 | ||||
| The National | Lottery | Community | Fund: | ||||
| Covid 19Rapid Response | Funding | 10,000 | |||||
| 35,000 |
| 2020-2021 | 2019-2020 | |||
|---|---|---|---|---|
| Operating Costs |
f | f | ||
| Assets: Musical Instruments | 13,897 | 13,592 | ||
| Assets: Equipment | 8 Accessories | 8,754 | 8,176 | |
| Assets: Sporting equipment | (Fencingj | 350 | ||
| Assets: Office equipment | 1,432 | 440 | ||
| Tutor and Admin fees | 11,100 | 4,300 | ||
| Coordinator Salary |
and related costs | 49,933 | 25,144 | |
| Volunteer expenses |
3,525 | 580 | ||
| Transport costs | 15 | 173 | ||
| Refreshments | 104 | 37 | ||
| Carnival costs |
6,627 | |||
| Fees/Subscriptions | 250 | |||
| Accountancy and Audit |
200 | |||
| Sundries | 5 | |||
| Office supplies | 24 | |||
| Depreciation | 11,829 | 3I211 | ||
| Other costs | 365 | |||
| 100,817 | 63,245 |
| S. | Net Income over Expenditure | Net Income over Expenditure | Net Income over Expenditure | Net Income over Expenditure | ||
|---|---|---|---|---|---|---|
| This isstated | after charging. | 2020-2021 | 2019-2020 | |||
| f | ||||||
| Depreciation | 11,829 | 3,211 | ||||
| 11,829 | 3I211 | |||||
| 6. | Coordinator | Salary and | Related Costs | |||
| 2020-2021 | 2019-2020 | |||||
| Coordinator | Salary and | Related Costs | f | |||
| Salary | 28,176 | 21,566 | ||||
| PAYE Tax and National | Insurance | 13,298 | 3,557 | |||
| Pension | 8,367 | |||||
| Sage Payroll | 93 | |||||
| 49,933 | 25,144 |
| Musical | Equipment & |
Sporting | Office | |||||
|---|---|---|---|---|---|---|---|---|
| Instruments f |
Accessories f |
Equipment f |
Equipment f |
Total | ||||
| Cost | ||||||||
| As at 1February 2020 | 13,592 | 8,176 | 350 | 440 | 22 | 557 | ||
| Additions | 13,897 | 8,754 | 1,432 | 24I | 083 | |||
| As at 31January 2021 | 27,489 | 16,930 | 350 | 1,872 | 46,641 | |||
| Depreciation | ||||||||
| As at 1February 2020 | 1,359 | 11635 | 70 | 147 | 211 | |||
| Charge for the year | 5,498 | 5,638 | 70 | 623 | 829 | |||
| As at 31January 2021 | 6,857 | 7,273 | 770 | 15 | 040 | |||
| Net book value | ||||||||
| As at 1February 2020 | 12,232 | 6,541 | 280 | 293 | 347 19, |
|||
| As at 31January 2021 | 20,632 | 9,657 | 210 | 1,102 | 31'601 |
| Balance | Assets | Balance | ||||||
|---|---|---|---|---|---|---|---|---|
| Note | 01-Feb-20 | Income | Expenditure | Capitalised | 31-Jan-21 | |||
| f | ||||||||
| Tangible Fixed Assets | 7 | 19,347 | (11,829) | 24,083 | 31,601 | |||
| Funds in the |
Bank: | |||||||
| Balance b/wrd | 5,451 | 5,451 | ||||||
| Incomes | 61983 | 6I983 | ||||||
| Expenditure | (13,855) | (13,855) | ||||||
| Adjustment | for Depreciation | 3 211 | 11,829 | 15,040 | ||||
| Unrestricted | Income Fund | 8,661 | 6,983 | (2,026) | 13,618 | |||
| Total Unrestricted | Funds | 28,008 | 6,983 | (13,855) | 24,083 | 45,219 |