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||||Page|
|---|---|---|---|
|Reference and administrative||details ofthe CIO, its Trustees and advisers||
|Trustees'
report|||2 —12|
|Independent
examiner's
report|||13|
|Statement
offinancial|activities||14|
|Balance sheet|||15|
|Notes to the financial|statements||16-31|
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|Trustees||C Singleton,|Chair||
|---|---|---|---|---|
|||JTrowsdale|||
|||A Campbell|||
|||A Carroll|||
|||P Willetts|||
|Charity registered|number|1178239|||
|Principal address||Unit 4 Sandy|Lane Business Park||
|||Sandy Lane|||
|||Coventry|||
|||CV14DQ|||
|Senior Management|Team|M Worth, Artistic Director|||
|||SWorth, Executive Director|||
|Accountants||Integritax Accountants||Ltd|
|||68 Yardley Road|||
|||Acocks Green|||
|||Birmingham|||
|||B276LG|||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||Year ended|Year ended|Yearended|Period ended|
||||30April|30April|30April|30April|
||||2021|2021|2021|2020|
|||Note|||||
|Income from:|||||||
|Donations
and Legacies|||16,389|29,806|46,195|29,299|
|Charitable
Activities|||31,019|110,738|141,757|343,228|
|Other Trading
Activities|||366||366|40|
|Investments|||1||1|9|
|Total income|||47775|140,544|188319|372576|
|Expenditure
on:|||||||
|Charitable
activities|||45,784|127,573|173,357|358,020|
|Total expenditure|||45 784|127573|173357|358,020|
|Net income/(expenditure)|||1991|12 971|14962|14556|
|Transfers
Between|Funds|16|15604|15604|||
|Net Movement
in Funds|||||||
|Reconciliation
offunds:|||17595|2633|14962|14556|
|Total funds brought|forward|16|33,490|4,333|37,823|23,267|
|Net movement
in funds|||17,595|(2,633)|14,962|14.556|
|Total funds carried|forward|16|51 085|1 700|52785|37823|
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|||Notes||2021f||2020|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible Assets||12||14,263||25,333|
|Current assets|||||||
|Debtors||13|10,779||6,668||
|Cash at bank and|in hand||106,536||25,466||
||||117,315||32,134||
|Creditors: amounts|falling due within one|14|(53,793)||(12,995)||
|year|||||||
|Net current assets||||63,522||19,139|
|Creditors: amounts|falling due after more|15||(25,000)||(6,649)|
|one year|||||||
|Total net assets||||52,785||37,823|
|Charity Funds|||||||
|Restricted
Funds||16||1,700||4,333|
|Unrestricted
Funds||16||51,085||33,490|
|Total funds||||52,785||37,823|
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|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||Year ended|Year ended|Year ended|
|||30April|30April|30April|
|||2021f|2021|2021f|
|Donations||3,043|2,806|5,849|
|Government|grants|13,346|27,000|40346|
|Total2021||16,389|29,806|46,195|
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|Funds|
|||Period|Period|Period|
|||ended|ended|ended|
|||30April|30April|30April|
|||2020|2020|2020|
|||E|||
|Donations||4,437|21,700|26,137|
|Government|grants||3,162|3,162|
|Total2020||4,437|24,862|29,299|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||Yearended|Yearended|Year ended|
||||30April|30April|30April|
||||2021f|2021f|2021f|
|Educational|workshops,|projects and events|31,019|110,738|141,757|
|Total2021|||31,019|110,738|141,757|
||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||Period|Period|Period|
||||ended|ended|ended|
||||30April|30April|30April|
||||2020|2020f|2020f|
|Educational|workshops,|projects and events|175,165|168,063|343,228|
|Total 2020|||175,165|168,063|343,228|
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|||||Total|Total|
|---|---|---|---|---|---|
||||Unrestricted|Funds|Funds|
||||Funds|Year|Period|
||||Year ended|ended|ended|
||||30April|30April|30April|
||||2011f|2021f|2020f|
|Boxoffice|and|merchandise|366|366|40|
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|Unrestricted||Total funds|
|---|---|---|
|funds|Total funds|Period|
|Year ended|Year ended|ended|
|30April|30April|30April|
|2021f|2021|2020
K|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||Year ended|Year ended|Year ended|
||||30April|30April|30April|
||||2021|2021|2021|
||||K||K|
|Educational|workshops,|projects and events|36,797|125,323|162,120|
|Governance|||8987|2250|11237|
|Total2021|||45,784|127,573|173,357|
||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||Period|Period|Period|
||||ended|ended|ended|
||||30April|30April|30April|
||||2020|2020|2020|
|Educational|workshops,|projects and events|103,254|245,192|348,446|
|Governance|||9,574||9574|
|Total 2020|||175,165|245,192|358,020|
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||||Activities|||
|---|---|---|---|---|---|
||||undertaken|Support|Total|
||||directly|costs|funds|
||||Year ended|Year ended|Year ended|
||||30April|30April|30April|
||||2021f|2021f|2021f|
|Educational
Governance|workshops,|projects and events|120,160|41,960
11,237|162,120
11237|
|Total 2021|||120,160|53,197|173,357|
||||Activities|||
|---|---|---|---|---|---|
||||undertaken|Support|Total|
||||directly|costs|funds|
||||Period|Period|Period|
||||ended|ended|ended|
||||30April|30April|30April|
||||2020f|2020f|2020f|
|Educational
Governance|workshops,|projects and events|307,509|40,937
9574|348,446
9,574|
|Total 2020|||307,509|50,511|358,020|
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||||Total funds|
|---|---|---|---|
|||Total funds|Period|
|||Year ended|ended|
|||30April|30April|
|||2021|2020|
|Staff Costs||85,870|92,698|
|Depreciation||3,767|2,826|
|projects||22,877|199,918|
|Room hire||681|5,954|
|Supplies and|equipment|5,958|5,473|
|Conferences|and further education|1,007|630|
|||120,160|307,509|
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|||Workshops,|||
|---|---|---|---|---|
|||projects 8|||
|||events|Governance|Total funds|
|||Yearended|Year ended|Yearended|
|||30April|30April|30April|
|||2021|2021|2021|
|||F|||
|Staff Costs||25,465||25,465|
|Depreciation||1,041||1,041|
|Insurance||3,323||3323|
|Professional fees|||11,237|11,237|
|Computer|and website|3,514||3,514|
|Travel and|Subsistence|357||357|
|Telephone||1,792||1,792|
|Interest Paid||86||86|
|Motor costs||3,536||3,536|
|Bad debts||2,844||2,844|
|Total2021||41,960|11.237|53,197|
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|||Workshops,|||
|---|---|---|---|---|
|||projects 8|||
|||events|Governance|Total funds|
|||Year|Year|Year|
|||ended|ended|ended|
|||30April|30April|30April|
|||2020|2020|2020|
|Staff Costs||23,484||23,484|
|Depreciation||2,456||2,456|
|Insurance
Professional fees||2,022|9,574|2,022
9,574|
|Computer|and website|713||713|
|Travel and
Telephone|Subsistence|9,736
1,589||9,736
1,589|
|Interest Paid||665||665|
|Foreign exchange||117||117|
|Bad debts||155||155|
|Total 2020||40,937|9,574|50,511|
##
|||||||Period|
|---|---|---|---|---|---|---|
||||||Year ended|ended|
||||||30April|30April|
||||||2021
E|2020f|
|Independent|examiner's|remuneration-|independent|examination|600|2,575|
|Independent|examiner's|remuneration-|tax advisory|services||360|
|Loss on foreign exchange||||||117|
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|affcosts|||
|---|---|---|
|||Period|
||Year ended|ended|
||30April|30April|
||2021|2020|
||E||
|Wages and salaries|108,122|110,266|
|Social security costs|2,914|3,939|
|Pension costs|2,299|1,977|
||111,335|116,182|
|Yearended|Period ended|
|---|---|
|30April|30April|
|2021|2020|
|No.|No.|
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|Tangible fixed assets|||||
|---|---|---|---|---|
||Performance|Motor|Office||
|Cost|equipmentf|vehicles|equipment|Total
E|
|At 30April 2020
Additions
Disposals|18,834|11,791
11791|3,073|30,625
3,073
11791|
|At 30April 2021|18,834||3,073|21,907|
|Depreciation|||||
|At 30April 2020
Charge for the period
Disposals|2,836
3,767|2,456
2456|1,041|5,292
4,808
2456|
|At 30 April 2021|6,603||1,041|7,644|
|Net book value|||||
|At 30April 2021|12,231||2,032|14,263|
|At 30April 2020|15,998|9,355||25,333|
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|||||2021|2020|
|---|---|---|---|---|---|
|Trade debtors||||10,038|6,668|
|Prepayments||||741||
|||||10,779|6,668|
|reditors: Amounts|falling due||within one year|||
|||||2021|2020|
|Taxation and social security||||793|4,062|
|Obligations
under hire||purchase|contracts||2,046|
|Other creditors|||||4,387|
|Accruals and deferred||income||52,000|2,500|
|||||53,793|12,995|
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||||2021|2020|
|---|---|---|---|---|
||||E||
|Net obligations
Bank loan|under hire purchase|contracts|26,000|6,649|
||||25,000|6,649|
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|||||||||Balance at|
|---|---|---|---|---|---|---|---|---|
|||||Balance at 1|||Transfers|30April|
|||||May 2020|Incomef|Expenditure|in/out|2021
F|
|Unrestricted
funds|||||||||
|Designated
funds|||||||||
|Fixed assets||||25,333|||(11,070)|14,263|
|General Funds|||||||||
|General Funds||||8,157|47 775|(45,784)|26,674|36,822|
|Total unrestricted
Restricted funds||funds||33,490|47,775|(46,784)|15,604|51,085|
|Arts Council Recovery Fund|||||25,750|(10,146)|(15,604)||
|Arts Council Emergency|||Fund||30,000|(30,000)|||
|CastAway
Project||||12,971|11,493|(24,464)|||
|City Beat Online|/|Ready|BoxSet||8,000|(7,400)||600|
|COREConnects|||||6,500|(6,500)|||
|Doing Things
Differently|||||17,000|(15,900)||1,100|
|Donations|||||16,153|(16,153)|||
|Extra Dimensional||Project||(8,638)|9,930|(1,292)|||
|Horizons|||||8,000|(8,000)|||
|Teach/Make|||||7718|(7,718)|||
|Total Restricted|funds|||4,333|140544|(127,573)|(15,604)|1,700|
|Total offunds||||37,823|188,319|173,357)||52,785|
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|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at 1|||Transfers|30April|
|||May 2019f|Incomef|Expendituref|in/outf|2020f|
|Unrestricted
funds|||||||
|Designated
funds|||||||
|Fixed assets|||||25,333|25,333|
|General Funds|||||||
|General Funds||(4,205)|179651|(112,828)|(54,461)|8,157|
|Total unrestricted|funds|(4,205)|179,651|(112,828)|(29,128)|33,490|
|Restricted funds|||||||
|Artist training||2,000||(2,000)|||
|¹iwill project||472||(472)|||
|Coventry
City ofCulture Trust||25,000|29,000|(54,000)|||
|Extra Dimensional|Project||147,325|(185,091)|29,128|(8,638)|
|CastAway
Project|||13,438|(467)||12,971|
|Coronavirus
Job Retention|||||||
|Scheme|||3,162|(3,162)|||
|Total Restricted funds||27,472|192925|(245,192)|29,128|4,333|
|Total offunds||23,267|372,576|(358,020)||37,823|
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|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at
1 May 2019|Income|Expenditure|Transfers
In/out|30April
2020|
|Designated
funds
General funds
Restricted funds||(4,205)
27,472|179,651
192,925|(112,828)
245 192|25,333
(54,461)
29,128|25,333
8,'157
4,333|
|||23,267|372,576|(358,020)||37,823|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|Funds|funds|
||||2021|2021|2021|
|Tangible|fixed|assets|14,263||14,263|
|Current|assets||9,528|53,200|65,728|
|Creditors
Creditors|due
due|within one year
in more than one year|(2,294)
25000|(51,500)|(53,794)
~26 000|
|Total|||51,085|1,700|52,785|
||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|Funds|funds|
||||2020|2020|2020|
|Tangible|fixed|assets|25,333||25,333|
|Current|assets||32,134||32,134|
|Creditors
Creditors|due
due|within one year
in more than one year|(17,328)
6,649|4,333|(12,995)
~6,640|
|Total|||33,490|4,333|37,823|
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