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2022-03-31-accounts

			Page
Report ofthe Trustees		1	to	9
Independent Examiner's	Report		10
Statement ofFinancial	Activities
Statement ofFinancial	Position		12
Statement ofCash Flows
Notes to the Statement	ofCash Flows		14
Notes to the Financial Statements		15	to	21
Detailed Statement ofFinancial Activities			22

						2022	2021
						Unrestricted	Total
						funds	funds
					Notes		E
INCOME AND ENDOWMENTS				FROM
Donations	and legacies					340,235	297,702
Charitable	activities
Learning						33,597	19,711
Production						17,850	1,510
Agency						110,818	221,034
Total						502,500	539,957
EXPENDITURE ON
Charitable	activities
Learning						209,646	143,222
Production						95,432	91,296
Agency						100,049	211,108
Total						405,127	445,626
NET INCOME						97,373	94,331
RECONCILIATION		OF FUNDS
Total funds brought			forward			219,942	125,611
TOTAL FUNDS CARRIED FORWARD						317,315	219,942

				STATEMENT OF CASH FLOWS
		FOR		THE YEAR ENDED 31 MARCH 2022
				2022	2021
				Notes	E
Cash flows from operating	activities
Cash generated from operations				158,361	74,744
Net cash provided by operating		activities		158,361	74,744
Change in cash and cash	equivalents		in
the reporting period				158,361	74,744
Cash and cash equivalents	at	the
beginning ofthe reporting	period			180,785	106,041
Cash and cash equivalents	at	the end	of
the reporting period				339,146	180,785

		NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2022	NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2022
RECONCILIATION		OF NET INCOME TO NET CASH FLOW FROM OPERATING		ACTIVITIES
				2022	2021
Net income	for the	reporting	period (as per the Statement ofFinancial
Activities)				97,373	94,331
Adjustments	for:
Depreciation	charges			92	123
Decrease in	debtors			2,609	2,029
Increase/(decrease)		in creditors		58,287	(21,739)
Net cash provided		by operations		158,361	74,744

2.	ANALYSIS OF CHANGES	IN NET FUNDS
			At 1.4.21	Cash flow	At 31.3.22
			F	E	F
	Net cash
	Cash at bank		180,785	158,361	339,146
			180,785	158,361	339,146
	Total		180,785	158,361	339,146

INCOME	FROM CHARIT	ABLE ACTIVITIES
			2022	2021
		Activity	F	E
Learning	income	Learning	33,597	19,711
Production	income	Production	17,850	1,510
Agency income		Agency	110,818	221,034
			162,265	242,255

					Support
				Direct	costs (see
				Costs	note 6)	Totals
				F	E	F
Learning				156,201	53,445	209,646
Production				71,103	24,329	95,432
Agency				100,049		100,049
				327,353	77,774	405,127
SUPPORT COSTS
				Governance	Finance	Totals
					E	F
Learning				53,321	124	53,445
Production				24,272	57	24,329
				77,593	181	77,774
Support costs, included		in the above, are as follows:
GOVERNANCE
					2022	2021
					Total	Total
			Learning	Production	activities	activities
			E	E		E
Wages			35,074	15,966	51,040	53,541
Social security			2,075	944	3,019	1,526
Pensions			746	340	1,086	1,429
Rent			1,109	504	1,613	1,613
Insurance			1,664	758	2,422	1,855
Telephone			1,231	561	1,792	1,924
Postage and	stationery					964
Advertising			1,060	482	1,542	9,198
Sundries			2,111	961	3,072	151
Subscriptions						478
Storage			1,112	506	1,618
Travel			183	83	266	38
Audit and accountancy			2,855	1,300	4,155	2,631
Professional	fees		4,038	1,838	5,876	2,151
Depreciation	oftangible	assets	63	29	92	123
			53,321	24,272	77,593	77,622

STAFF COSTS
				2022	2021
Wages and salaries				51,040	53,541
Social security costs				3,019	1,526
Other pension costs				1,086	1,429
				55,145	56,496
Learning
The average monthly	number ofemployees		during the year was as follows:
				2022	2021
Production				2	2
				3	1
Support and administration				3	4
No employees received emoluments		in excess ofF60,000.
TANGIBLE FIXEDASSETS
					Computer
					equipment
					E
COST
At 1 April 2021 and 31 March 2022					871
DEPRECIATION
At 1 April 2021					504
Charge for year					92
At 31 March 2022					596
NET BOOK VALUE
At 31 March 2022					275
At 31 March 2021					367

DEBTORS:AMOUNTS F	ALLING DUE WITHIN ONE YEAR
		2022	2021
Trade debtors		53,679	3,552
Other debtors		5,747	55,081
VAT			3,368
Prepayments		2,031	2,065
		61,457	64,066
CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
		2022	2021
		F	F
Trade creditors		5,686	1,303
Social security and other	taxes	(854)	3,489
VAT		10,327
Other creditors		11,164	10,734
Deferred income		55,000	5,100
Accrued expenses		2,240	4,650
		83,563	25,276

Minimum	le	as	e payments under	non-cancel	lable operating lease	s fall due as foll	ows:
							2022	2021
								E
Within	one year						538	538
MOVEMENT			IN FUNDS
						Net	Transfers
						movement	between	At
					At 1.4.21	in funds	funds	31.3.22
					E	F
Unrestricted			funds
General	fund				54,942	97,373	(90,000)	62,315
Designated		fund - Creative reserve			165,000		90,000	255,000
					219,942	97,373		317,315
TOTAL	FUNDS				219,942	97,373		317,315
Net movement			in funds, included	in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
						E	E	E
Unrestricted			funds
General	fund					502,500	(405,127)	97,373
TOTAL	FUNDS					502,500	(405,127)	97,373

Compar	ative	s for movement in funds
				Net	Transfers
				movement	between	At
			At 1.4.20	in funds f	funds	31.3.21
Unrestricted		funds
General	fund		125,611	94,331	(165,000)	54,942
Designated		fund - Creative reserve			165,000	165,000
			125,611	94,331		219,942
TOTAL	FUNDS		125,611	94,331		219,942

Compara	tive	net movement in funds, include	d in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
				F
Unrestricted		funds
General	fund		539,957	(445,626)	94,331
TOTAL	FUNDS		539,957	(445,626)	94,331

A curren	t ye	ar 12 months and prior year 12	months combined po	sition is as follo	ws:
				Net	Transfers
				movement	between	At
			At 1.4.20	in funds	funds	31.3.22
			E		E
Unrestricted		funds
General	fund		125,611	191,704	(255,000)	62,315
Designated		fund - Creative reserve			255,000	255,000
			125,611	191,704		317,315
TOTAL	FUNDS		125,611	191,704		317,315

			Incoming	Resources	Movement
			resources	expended	in funds
				E
Unrestricted		funds
General	fund		1,042,457	(850,753)	191,704
TOTAL	FUNDS		1,042,457	(850,753)	191,704

	FOR THE YEAR ENDE	D 31 MARCH 2022
		2022	2021
		Unrestricted	Total
		funds	funds
			F
INCOME AND	ENDOWMENTS
Donations and legacies
Donations		33,231	43,103
Grants		307,004	254,599
		340,235	297,702
Charitable activities
Agency income		110,818	221,034
Production income		17,850	1,510
Learning income		33,597	19,711
		162,265	242,255
Total incoming	resources	502,500	539,957
EXPENDITURE
Charitable activities
Agency costs		100,049	211,108
Production costs		71,103	61,028
Learning costs		156,201	95,741
		327,353	367,877
Support costs
Governance
Wages		51,040	53,541
Social security		3,019	1,526
Pensions		1,086	1,429
Rent		1,613	1,613
Insurance		2,422	1,855
Telephone		1,792	1,924
Postage and	stationery		964
Advertising		1,542	9,198
Sundries		3,072	151
Subscriptions			478
Storage		1,618
Travel		266	38
Audit and accountancy		4,155	2,631
Professional fees		5,876	2,151
Depreciation	oftangible assets	92	123
		77,593	77,622
Finance
Bank charges		181	127
Total resources	expended	405,127	445,626
Net income		97,373	94,331