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|Company|Information|||
|---|---|---|---|
|Chair's Statement||||
|Trustees'|Annual
Report|||
|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|
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|he major|risks ident|ified
include:||||
|---|---|---|---|---|---|
|Major Risk|||Mitigation|||
|Loss ofkey personnel||due to illness|Co Chairs meeting
fortnightly
with|||
|or resignation|||Director to|maintain
up to date||
||||knowledge|on activity.||
||||Robust project management
and|||
||||administration
systems
in place.|||
|Financial stability insecure for|||Fundraising|Working
Group meeting||
|continued|operation.||monthly to|support
Director with||
||||fundraising.|Fundraising
strategy|in|
||||place. Mitigating
Action Planning||taking|
||||place with|Curious
Minds and||
||||consultants.|||
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|||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|
##
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||||||||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|
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|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|
##
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|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|
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