| Company | Information | ||
|---|---|---|---|
| Chair's Statement | |||
| Trustees' | Annual Report |
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| Our Plans | for the Future | 10 | |
| Structure, | Governance & Management |
13 | |
| Statement | of Trustees' responsibilities |
15 | |
| Independent Examiner's Report to the Trustees of Blaze Arts |
16 | ||
| Statement | of Financial Activities |
for the Year to 31"july 2021 (including | |
| income & |
expenditure account) |
18 | |
| Balance Sheet as at 31"july 2021 | |||
| Statement | of Cash Flow for the year to 31"july 2021 | 20 | |
| Notes to the Financial Statements |
for the year to 31"july 2021 | 21 |
| he major | risks ident | ified include: |
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|---|---|---|---|---|---|
| Major Risk | Mitigation | ||||
| Loss ofkey personnel | due to illness | Co Chairs meeting fortnightly with |
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| or resignation | Director to | maintain up to date |
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| knowledge | on activity. | ||||
| Robust project management and |
|||||
| administration systems in place. |
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| Financial stability insecure for | Fundraising | Working Group meeting |
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| continued | operation. | monthly to | support Director with |
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| fundraising. | Fundraising strategy |
in | |||
| place. Mitigating Action Planning |
taking | ||||
| place with | Curious Minds and |
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| consultants. |
| 2020/2I | 2020/2I | 2019/20 | 2019/20 | 2020/21 | 2019/20 | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | Funds | Funds | ||
| &o | 5 | ||||||
| INCOME | |||||||
| Incoming resources from |
|||||||
| charitable activities |
2 | 1,070 | 72,933 | 954 | 48,754 | 74r003 | 49,708 |
| TOTAL INCOME | 1,070 | 72,933 | 954 | 48,754 | 74r003 | 49,708 | |
| EXPENDITURE | |||||||
| Expenditure on charitable |
|||||||
| activities | 8,638 | 62,857 | 10,538 | 51,714 | 71,495 | 62,252 | |
| TOTAL EXPENDITURE | 8,638 | 62,857 | 10,538 | 51,714 | 7I,495 | 62,252 | |
| NETINCOMING/(OUTGOING) | |||||||
| RESOURCES FOR THE YEAR | |||||||
| BEFORETRANSFERS | 5 | (7,568( | 10,076 | (9,584) | (2,960) | 2,508 | (12,544) |
| TRANSFERS BETWEEN FUNDS | 9 | 8,638 | (8,638i | 10,538 | (10,538) | ||
| NET INCOMING/(OUTGOING/ | |||||||
| RESOURCES FOR THE YEAR | |||||||
| AFTER TRANSFERS | 1,070 | I,438 | 954 | (13,498) | 2,508 | (12,544) | |
| RECONCILIATION OFFUNDS | |||||||
| BALANCES BROUGHT | |||||||
| FORWARD | 954 | 19,500 | 32,998 | 20,454 | 32,998 | ||
| BALANCES CARRIED | |||||||
| FORWARD | 2,024 | 20,938 | 954 | 19,500 | 22,962 | 20,454 |
| 2021 | 2021 | 2020 | 2020 | ||
|---|---|---|---|---|---|
| E | 6 | 6 | |||
| CURRENTASSETS | |||||
| Debtors | 6 | 4,381 | 6,716 | ||
| Cash at bank and in hand | 24,120 | 34,875 | |||
| 28,501 | 41,591 | ||||
| CREDITORS | |||||
| Amounts falling due in one year |
7 | 5539 | 21,137 | ||
| NET CURRENT ASSETS | 22,962 | 20,454 | |||
| TOTAL NETASSETS | 22,962 | 20,454 | |||
| FUNDS | |||||
| Unrestricted | 2,024 | 954 | |||
| Restricted | 20,938 | 19,500 | |||
| TOTAL FUNDS | 22,962 | 20,454 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| &o | 8 | E | ||||||
| Cash usedin operating | activities | |||||||
| Net movement in funds |
2,508 | (12,544) | ||||||
| Decrease / (increase) | in | debtors | 6 | 2,335 | 1,144 | |||
| Increase / (decrease) | in | creditors | 7 | (15,598) | (8,707) | |||
| Net cash flow from | /(to) operating | activities | (I0i755) | (20,707) | ||||
| Increase /(decrease) | in | cash and | cash eriui | vaients in the year | (I0i755) | (20,707) | ||
| Cash and cash equivalents at the |
beginning | ofthe year | 34;875 | 54;982 | ||||
| Total cash and cash | equivaients | at | the end | ofthe year | 24,720 | 34,875 |
| 2.Income | 2.Income | 2.Income | |||||
|---|---|---|---|---|---|---|---|
| Incoming Resources from |
Charitable | Activities: | |||||
| Restricted Income | 2020/21 | 2019/20 | |||||
| Grants: | 5 | E | |||||
| Arts Council England | (ACE) | Emergency | Fund | 6,476 | 6,274 | ||
| Chnstal Foundation |
3,000 | ||||||
| Community Foundation |
for | Lancashire | —Lancashire | Red Rose Response Fund | 524 | ||
| Cunous Minds Pl |
32,514 | ||||||
| National Lottery Awards |
for | All | 7,248 | ||||
| The Radcliffe Trust | 4,000 | ||||||
| 42,514 | 17,522 | ||||||
| Commissions: | |||||||
| Cunous Minds LCEP |
Arts | Award | 1,305 | ||||
| Hams Youth Board | 785 | 785 | |||||
| Lancashire 2025 | 3,000 | ||||||
| Lancashire Music Service |
- Amplify | 3,294 | 1,186 | ||||
| NHLF Kickthe Dust - Hope | Streets | 6,535 | 18,983 | ||||
| Preston City Council |
—Hams | Young Producers | 8,875 | 10,278 | |||
| NLHF —Reverberate |
2,000 | ||||||
| Wigan LCEP support | 2,000 | ||||||
| WigLe Dance | 2,625 | ||||||
| 30,419 | 31,232 | ||||||
| Other Income - Consultancy | Fees | 1,070 | 954 | ||||
| Total | '74,003 | 49,708 |
| Chantable expe |
nditure is alloc |
ated betw | een unrestncted |
and restncted | funds, direct, | support an | d governan | ce costs |
|---|---|---|---|---|---|---|---|---|
| as follows' | ||||||||
| 2020/21 | 2019/20 | 2020/21 | 2019/20 | |||||
| Unrestricted | Restricted | Unrestricted | Restricted | Total | Tota I |
|||
| 5 | 5 | 6 | 6 | E | ||||
| Direct Costs | 34,633 | 40,593 | 34,633 | 40,593 | ||||
| 34,633 | 40,593 | 34,633 | I+0,593 | |||||
| Support Costs | ||||||||
| Staff costs &expenses | 343 | 28,224 | 695 | 11,121 | 28,567 | 11,816 | ||
| External support | &advice | 6,000 | 6,000 | 6,000 | 6,000 | |||
| General office costs | 1,365 | 2,801 | 1,365 | 2,801 | ||||
| 7,708 | 28,224 | 9,496 | 11,121 | 35,932 | 20,617 | |||
| Governance | ||||||||
| Independent examiners fees |
930 | 930 | 930 | 930 | ||||
| Trustees expenses | 52 | 52 | ||||||
| Board meeting | &development | costs | 60 | 60 | ||||
| 930 | 1,042 | 930 | 1,042 | |||||
| Total | 8,638 | 62,857 | 10,538 | 51,714 | 7l,495 | 62,252 |
| The salary related costs ofthe charity were as follows: | 2020/27 | 2019/20 |
|---|---|---|
| E | E | |
| Wages 6 salaries | 43,500 | 30,577 |
| Social Security costs | 4,028 | 4,775 |
| Pension costs | 2,675 | 2,704 |
| Total Staffcosts | 50,203 | 38,056 |
| with | Curious | Minds, | was | f48,061 | (2019/20:f38,056 | ). | |
|---|---|---|---|---|---|---|---|
| 2020/27 | 2019/20 | ||||||
| The | average | number | of | FTEstaff | was: | 76 | 2 |
| S.Net incoming res |
S.Net incoming res |
ources befor | e transfer | |
|---|---|---|---|---|
| This isstated after charging: | 2020/27 | 2019/20 | ||
| E | ||||
| Independent Examiners fees |
930 | 930 | ||
| Trustees | expenses | 52 | ||
| 930 | 982 | |||
| Number | oftrustees claiming | expenses; |
| 2020/27 | 2019/20 | ||
|---|---|---|---|
| E | |||
| Prepayments | &Accrued Income | 709 | 2,740 |
| Grant and other income receivable | 3,672 | 3,976 | |
| 4,387 | 6,716 |
| 7.Cr | editors | falling due within | one year | |
|---|---|---|---|---|
| 2020/27 | 2019/20 | |||
| E | E | |||
| Trade | creditors | 7,570 | ||
| Accrua | Is | 2,363 | 3,033 | |
| Grants | and income | in advance | 7,606 | 18,104. |
| 5,539 | 21,137 |
| 8.Def | erred income | |||
|---|---|---|---|---|
| 2020/27 | 2019/20 | |||
| E | ||||
| ACE Emergency Fund |
6,476 | |||
| Christal | Foundation | 3,000 | ||
| Curious | Minds LCEP Arts Award | 270 | 500 | |
| Curious | Minds Pl |
|||
| Lancashire 2025 | 1,500 | |||
| Liverpool | CVS —Skelton Charitable | Fund | 500 | |
| Lancashire Music Service - Amplify |
350 | 3,644 | ||
| NHLF Kickthe Dust- Hope Streets | 2,984 | |||
| 7,606 | 18,104 | |||
| Movement in deferredincome | ||||
| Balance | as at 31july 2020/2019 | 78,704 | i8,9i9 | |
| Amount | released to income in year |
P7,484J | (18,919) | |
| Amount | deferred in year |
986 | 18,104 | |
| Balance | as at 31july 2021/2020 | 7,606 | 18,104 |
| Bafance | Fund | Bafance | Fund | Bafance | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31/07/2079 | Income | Expenditure | Transfers | 37/07/2020 | Income | Expenditure | Transfers | 31/07/2027 | ||||
| Unrestricted Funds |
E | E | E | |||||||||
| General Fund |
954 | (10,538) | 10,538 | 954 | 7,070 | (8,638) | 8,638 | 2,024 | ||||
| 954' | (10538) | 10538 | 954 | Ii070 | (8i638) | 8,638 | 2,024 | |||||
| Restricted Funds | ||||||||||||
| Arts Council England | (ACE) Emergency | Fund | 6,274 | (5,384) | (890) | 6,476 | P,785) | (2,691) | ||||
| Chnsta I Foundation |
3,000 | (7,836) | (7,764) | |||||||||
| Community Foundation |
for Lancashire— | |||||||||||
| Lancashire Red Rose |
Response Fund | 524 | (524) | |||||||||
| Curious Minds Pl |
32,998 | (11,121) | (2,377) | 79i500 | 32i574 | (30,738) | P38) | 20,938 | ||||
| N at i on a I Lottery Awa |
rds | for All | 7,248 | (6,252) | (996) | |||||||
| The Radcliffe Trust | 4,000 | (2,000) | (2,000) | |||||||||
| Cunous Minds LCEP |
Arts | Award | 1,305 | (7,305) | ||||||||
| Hams Youth Board | 785 | (785) | 785 | (785) | ||||||||
| Lancashire 2025 | 3,000 | (3,000) | ||||||||||
| Lancashire Music Service |
—Amplify | 1,186 | (956) | (230) | 3,294 | (Ii958) | (7,336) | |||||
| NHLF Kick the Dust - Hope Streets | 18,983 | (16,523) | (2,460) | 6,535 | (6,535) | |||||||
| Preston City Council |
- Harris Young Producers | 10,278 | (9,478) | (800) | 8,875 | (8,145) | (730) | |||||
| NLHF —Reverberate |
2,000 | (7,637) | (369) | |||||||||
| Wigan LCEP support | 2,000 | (7,500) | (500) | |||||||||
| WigLe Dance | 2,625 | (Ii900) | (725) | |||||||||
| 32,998 | 48,754 | (51714) | (10538) | 79i500 | 72i933 | (62i857) | (8,638) | 20,938 | ||||
| Totai Funds | 32,998 | 49,708 | (62,252) | 20i454 | 7+003 | (77i495) | 22,962 |