| Page | ||||||
|---|---|---|---|---|---|---|
| Reference and Administrative | Details ofthe Charitable | Company, | its Trustees and | |||
| Advisers | ||||||
| Trustees' Report | 2-7 | |||||
| Independent | Auditors' | Report | on the Financial Statements | 8-10 | ||
| Statement of | Financial | Activities | ||||
| Balance Sheet | 12 | |||||
| Statement of | Cash Flows | 13 | ||||
| Notes to the | Financial | Statements | 14-34 |
| Trustees | Andrew Watts | ||||
|---|---|---|---|---|---|
| Chloe Phillips | |||||
| Daniel Herbert | |||||
| Hannah Needham |
|||||
| John de la Cour | |||||
| Julie Berrow | |||||
| Karen Edwards | |||||
| William Davies | |||||
| Company | registered | ||||
| number | 11033978 | ||||
| Charity registered | |||||
| number | 1180335 | ||||
| Registered | office | Suite 11,Malvern | Gate | ||
| Bromwich Road | |||||
| Worcester | |||||
| WR2 4BN | |||||
| Principal | operating | Suite 11,Malvern | Gate | ||
| office | Bromwich Road | ||||
| Worcester | |||||
| WR2 4BN | |||||
| Chief executive officer | Laura Worsfold | ||||
| Independent | auditors | The Richards Sandy Partnership | Limited | ||
| Statutory Auditors |
|||||
| Thorneloe House |
|||||
| Barbourne Road |
|||||
| Worcester | |||||
| WR1 1RU | |||||
| Bankers | Lloyds Bank | ||||
| Units 2 &3 Caxton | Gate | ||||
| 36/38 New Street | |||||
| Birmingham | |||||
| B24LP | |||||
| Solicitors | Anthony Collins Solicitors |
||||
| 134Edmund Street |
|||||
| Birmingham | |||||
| B32ES |
| Total | ||||||
|---|---|---|---|---|---|---|
| funds | ||||||
| Unrestricted | Restricted | Total | 13months | |||
| funds | funds | funds | ended 31 | |||
| Note | 2020 | 2020f | 2020 | March 2019 | ||
| INCOME FROM: | ||||||
| Donations and legacies |
8,926.0 | 1,198,997.0 | 1,207,923.0 | 1,838,934.0 | ||
| Charitable activities |
921,293.0 | 21,019.0 | 942,312.0 | 763,166.0 | ||
| TOTAL INCOME | 930,219.0 | 1,220,016.0 | 2,150,235.0 | 2,602,100.0 | ||
| EXPENDITURE ON: | ||||||
| Charitable activities |
880,160.0 | 1,153,255.0 | 2,033,415.0 | 1,411,590.0 | ||
| NET MOVEMENT | IN FUNDS | 50,059.0 | 66,761.0 | 116,820.0 | 1,190,510.0 | |
| RECONCILIATION | OF FUNDS: | |||||
| Total funds brought | forward | 1,151,332.0 | 39,178.0 | 1,190,510.0 | ||
| Net movement in funds |
50,059.0 | 66,761.0 | 116,820.0 | 1,190,510.0 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,201,391.0 | 105,939.0 | 1,307,330.0 | 1,190,510.0 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 528,263.0 | 539,128.0 | ||||
| CURRENT ASSETS | ||||||
| Debtors | 10 | 298,917.0 | 186,614.0 | |||
| Cash at bank and | in hand | 984,730.0 | 1,029,879.0 | |||
| 1,283,647.0 | 1,216,493.0 | |||||
| Creditors: amounts year |
falling due within one | 11 | (261,722.0) | (265,110.0) | ||
| NET CURRENT ASSETS | 1,021,925.0 | 951,383.0 | ||||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 1,550,188.0 | 1,490,511.0 | ||||
| Creditors: amounts than one year |
falling due after more | 12 | (242,858.0) | (300,001.0) | ||
| TOTAL NET ASSETS | 1,307,330.0 | 1,190,510.0 | ||||
| CHARITY FUNDS | ||||||
| Restricted funds | 14 | 105,939.0 | 39,178.0 | |||
| Unrestricted funds |
14 | 1,201,391.0 | 1,151,332.0 | |||
| TOTAL FUNDS | 1,307,330.0 | 1,190,510.0 |
| 2020 | 2019 | ||
|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | |||
| Net cash used in operating activities |
45,971.0 | 270,042.0 | |
| CASH FLOWS FROM INVESTING ACTIVITIES | |||
| Purchase oftangible fixed assets |
(40,205.0) | (46,434.0) | |
| Disposal oftangible fixed assets |
6,227.0 | ||
| Cash reserves transferred from Worcestershire County |
Council | 449,128.0 | |
| NET CASH (USED IN)/PROVIDED BYINVESTING ACTIVITIES |
(33,978.0) | 402,694.0 | |
| CASH FLOWS FROM FINANCING ACTIVITIES |
|||
| Cash inflows from new borrowing from Worcestershire |
County Council | 400,000.0 | |
| Repayments ofborrowing from Worcestershire County |
Council | (57,142.0) | (42,857.0) |
| NET CASH (USED IN)/PROVIDED BYFINANCING ACTIVITIES |
(57,142.0) | 357,143.0 | |
| CHANGE IN CASH AND CASH EQUIVALENTS IN THE PERIOD |
(45,149.0) | 1,029,879.0 | |
| Cash and cash equivalents at the beginning ofthe period |
1,029,879.0 | ||
| CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD | 984,730.0 | 1,029,879.0 | |
| The notes on pages 14to 34 form part ofthese financial | statements |
| Total | |||||||
|---|---|---|---|---|---|---|---|
| funds | |||||||
| Unrestricted | Restricted | Total | 13months | ||||
| funds | funds | funds | ended 31 | ||||
| 2020 | 2020 | 2020 | March 2019 | ||||
| E | F | ||||||
| DONATIONS | |||||||
| Instruments transferred County Council |
by Worcestershire | 487,784.0 | |||||
| Other fixed assets transferred by Worcestershire County Council |
45,769.0 | ||||||
| Cash reserves transferred from |
|||||||
| Worcestershire | County Council | 449,128.0 | |||||
| Other donations | 271.0 | 2,164.0 | 2,435.0 | 53,492.0 | |||
| GRANTS | |||||||
| Music Education | Grant | 738,225.0 | 738,225.0 | 735,213.0 | |||
| Worcestershire | County | Council | funding | 108,693.0 | 108,693.0 | 65,346.0 | |
| Cultural Development |
Fund grants | 290,864.0 | 290,864.0 | ||||
| Arts Council England | 32,808.0 | 32,808.0 | 2,102.0 | ||||
| Other grants | 8,655.0 | 26,243.0 | 34,898.0 | 100.0 | |||
| TOTAL 2020 | 8,926.0 | 1,198,997.0 | 1,207,923.0 | 1,838,934.0 | |||
| TOTAL 2019 | 1,008,102.0 | 830,832.0 | 1,838,934.0 |
| Total | |||||
|---|---|---|---|---|---|
| funds | |||||
| Unrestricted | Restricted | Total | 13months | ||
| funds | funds | funds | ended 31 | ||
| 2020 f |
2020 E |
2020 | March 2019 | ||
| CPD | 1,530.0 | 1,530.0 | 1,431.0 | ||
| Event Income | 8,773.0 | 8,773.0 | 6,184.0 | ||
| Projects | 14,622.0 | 21,019.0 | 35,641.0 | 6,465.0 | |
| Resources | 27,135.0 | 27,135.0 | 8,855.0 | ||
| Tuition | 809,282.0 | 809,282.0 | 693,287.0 | ||
| Subscriptions | 24,160.0 | 24,160.0 | 2,069.0 | ||
| Concerts | 5,810.0 | 5,810.0 | 7,830.0 | ||
| Rent and workshop | income | 2,129.0 | 2,129.0 | 5,061.0 | |
| Parent income | 27,852.0 | 27,852.0 | 29,393.0 | ||
| Miscellaneous | 2,591.0 | ||||
| TOTAL 2020 | 921,293.0 | 21,019.0 | 942,312.0 | 763,166.0 | |
| TOTAL 2019 | 763,166.0 | 763,166.0 |
| Total | ||||
|---|---|---|---|---|
| Activities | funds | |||
| undertaken | Support | Total | 13months | |
| directly | costs | funds | ended 31 | |
| 2020 | 2020 | 2020 | March 2019 | |
| E | f. | |||
| Music Education | 1,297,878.0 | 348,421.0 | 1,646,299.0 | 1,400,237.0 |
| Arts Development | 157,642.0 | 16,597.0 | 174,239.0 | 805.0 |
| Festivals | 170,368.0 | 42,509.0 | 212,877.0 | 10,548.0 |
| 1,625,888.0 | 407,527.0 | 2,033,415.0 | 1,411,590.0 | |
| TOTAL 2019 | 1,096,426.0 | 315,164.0 | 1,411,590.0 |
| Total | Total | ||||||
|---|---|---|---|---|---|---|---|
| Music | Arts | Festivals | funds | funds | |||
| 2020 | 2020 | 2020 | 2020 | 2019 | |||
| Staff costs | 1,264,787.0 | 69,278.0 | 92,500.0 | 1,426,565.0 | 1,040,027.0 | ||
| Instrument | consumables | 5,374.0 | 5,374.0 | 1,566.0 | |||
| Workshop | expenditure | 3,170.0 | 3,170.0 | 1,055.0 | |||
| External funding | and bursary | 11,141.0 | 14,500.0 | 25,641.0 | 6,386.0 | ||
| Project costs | 13,406.0 | 73,864.0 | 77,868.0 | 165,138.0 | 47,392.0 | ||
| 1,297,878.0 | 157,642.0 | 170,368.0 | 1,625,888.0 | 1,096,426.0 | |||
| TOTAL 2019 | 1,085,073.0 | 805.0 | 10,548.0 | 1,096,426.0 |
| Total | Total | |||||
|---|---|---|---|---|---|---|
| Music | Arts | Festivals | funds | funds | ||
| 2020 | 2020 f |
2020 F |
2020f | 2019 | ||
| Depreciation | 44,788.0 | 44,788.0 | 40,859.0 | |||
| Service charges | 12,364.0 | 280.0 | 1,300.0 | 13,944.0 | 10,458.0 | |
| Rent | 37,329.0 | 1,373.0 | 4,435.0 | 43,137.0 | 35,092.0 | |
| Travel expenses | 74,619.0 | 1,875.0 | 5,211.0 | 81,705.0 | 65,835.0 | |
| ITexpenses | 44,133.0 | 1,265.0 | 5,878.0 | 51,276.0 | 15,622.0 | |
| Legal, HR and professional | 13,552.0 | 217.0 | 1,004.0 | 14,773.0 | 27,519.0 | |
| Accountancy | and Payroll | 4,735.0 | 102.0 | 473.0 | 5,310.0 | 4,332.0 |
| Rates | 2,502.0 | 57.0 | 263.0 | 2,822.0 | 3,519.0 | |
| Insurance | 7,616.0 | 233.0 | 855.0 | 8,704.0 | 8,325.0 | |
| Telephone | 6,482.0 | 147.0 | 681.0 | 7,310.0 | 6,688.0 | |
| Repairs and | Maintenance | 11,685.0 | ||||
| Recruitment | Costs | 2,085.0 | 30.0 | 2,312.0 | 4,427.0 | 6,998.0 |
| Conference Costs | 957.0 | 1,053.0 | 114.0 | 2,124.0 | 663.0 | |
| Subscriptions | 1,138.0 | 61.0 | 540.0 | 1,739.0 | 2,669.0 | |
| Board Costs | 1,090.0 | 10.0 | 46.0 | 1,146.0 | 4,561.0 | |
| Loss on disposal ofassets | 5,988.0 | 5,988.0 | ||||
| Marketing | 17,765.0 | 2,889.0 | 15,365.0 | 36,019.0 | 3,579.0 | |
| Utilities | 7,831.0 | 166.0 | 769.0 | 8,766.0 | 7,277.0 | |
| Sundry | 4,131.0 | 3,848.0 | 273.0 | 8,252.0 | 10,378.0 | |
| Premises Costs | 13,020.0 | 281.0 | 1,302.0 | 14,603.0 | 18,522.0 | |
| CPD | 5,716.0 | 261.0 | 732.0 | 6,709.0 | 4,235.0 | |
| Venue Hire |
18,067.0 | 2,350.0 | 701.0 | 21,118.0 | 12,008.0 | |
| Safeguarding | 5,442.0 | 99.0 | 255.0 | 5,796.0 | ||
| Loan interest | 17,071.0 | 17,071.0 | 14,340.0 | |||
| 348,421.0 | 16,597.0 | 42,509.0 | 407,527.0 | 315,164.0 | ||
| TOTAL 2019 | 315,164.0 | 315,164.0 |
| 13months | ||||||
|---|---|---|---|---|---|---|
| ended 31 | ||||||
| 2020 | March 2019 | |||||
| Fees payable | to the Charitable | Company's | auditor for the audit ofthe | |||
| Charitable | Company's | annual | accounts | 4,030.0 | 3,300.0 |
| 13months | |||||
|---|---|---|---|---|---|
| ended 31 | |||||
| 2020 | March 2019 | ||||
| Wages and | salaries | 1,133,589.0 | 848,140.0 | ||
| Social security costs | 74,852.0 | 54,050.0 | |||
| Contribution | to defined | contribution | pension schemes | 218,124.0 | 137,837.0 |
| 1,426,565.0 | 1,040,027.0 |
| 13months | |
|---|---|
| ended 31 | |
| 2020 | March 2019 |
| No. | No. |
| 96 | 90 |
| Fixtures | ||||||
|---|---|---|---|---|---|---|
| Motor | and | Office | Computer | |||
| vehicles | fittings f |
equipment | equipment F |
Instruments | Total f |
|
| COST OR VALUATION | ||||||
| At 1 April 2019 | 3,500.0 | 23,033.0 | 46,548.0 | 19,122.0 | 487,784.0 | i79,987.0 |
| Additions | 2,138.0 | 20,069.0 | 17,998.0 | 40,205.0 | ||
| Disposals | (6,283.0) | (6,283.0) | ||||
| At 31 March 2020 | 3,500.0 | 23,033.0 | 48,686.0 | 39,191.0 | 499,499.0 | i13,909.0 |
| DEPRECIATION | ||||||
| At 1 April 2019 | 350.0 | 1,974.0 | 4,655.0 | 2,587.0 | 31,293.0 | 40,859.0 |
| Charge for the period | 700.0 | 2,303.0 | 4,869.0 | 3,824.0 | 33,146.0 | 44,842.0 |
| On disposals | (55.0) | (55.0) | ||||
| At 31 March 2020 | 1,050.0 | 4,277.0 | 9,524.0 | 6,411.0 | 64,384.0 | 85,646.0 |
| NET BOOK VALUE | ||||||
| At 31 March 2020 | 2,450.0 | 18,756.0 | 39,162.0 | 32,780.0 | 435,115.0 | I28,263.0 |
| At 31 March 2019 | 3,150.0 | 21,059.0 | 41,893.0 | 16,535.0 | 456,491.0 | i39,128.0 |
| 2020 | 2019 | ||
|---|---|---|---|
| F | |||
| DUE WITHIN | ONE YEAR | ||
| Trade debtors | 48,614.0 | 36,076.0 | |
| Prepayments | and accrued income | 250,303.0 | 150,536.0 |
| 298,917.0 | 186,614.0 |
| CREDITORS: AM | OUNTS | FALLI | NG DUE WITHIN ONE YE | AR | |
|---|---|---|---|---|---|
| 2020 | 2019f | ||||
| I oan from Worcestershire | County | Council | 57,143.0 | 57,142.0 | |
| Trade creditors | 8,245.0 | 420.0 | |||
| Other taxatiorr and | social | security | 21,770.0 | 21,289.0 | |
| Other creditors | 25,018.0 | 88,858.0 | |||
| Accruals and deferred income |
149,546.0 | 97,401.0 | |||
| 261,722.0 | 265,110.0 | ||||
| 2020 | 2019 | ||||
| DEFERRED INCOME | |||||
| Deferred income at 1 April | 2019 | 66,643.0 | |||
| Resources deferred | during | the period | 33,744.0 | 66,643.0 | |
| Amounts released |
from previous | periods | (66,643.0) | ||
| 33,744.0 | 66,643.0 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| F | ||||||
| Loan | from | Worcestershire | County | Council | 242,858.0 | 300,001.0 |
| 2020 | 2019 |
|---|---|
| F | |
| 14,286.0 | 71,429.0 |
| 2020 | 2019 | ||
|---|---|---|---|
| Worcestershire | County Council loan ageing profile | ||
| Due in 2020 | 57,142.0 | ||
| Due in 2021 | 57,143.0 | 57,143.0 | |
| Due in 2022 | 57„143.0 | 57,143.0 | |
| Due in 2023 | 57,143.0 | 57,143.0 | |
| Due in 2024 | 57,143.0 | 57,143.0 | |
| Due in 2025 | 57,143.0 | 57,143.0 | |
| Due in 2026 | 14,286.0 | 14,286.0 | |
| 300,001.0 | 357,143.0 |
| 14. | STATEMENT OF FUNDS | STATEMENT OF FUNDS | STATEMENT OF FUNDS | |||||
|---|---|---|---|---|---|---|---|---|
| STATEMENT OF FUNDS | - CURRENT PERIOD | |||||||
| Balance at | ||||||||
| Balance at 1 | Transfers | 31 March | ||||||
| April 2019 | Income f |
Expenditure | in/out f |
2020 f |
||||
| UNRESTRICTED FUNDS | ||||||||
| DESIGNATED FUNDS | ||||||||
| Designated Funds |
300,000.0 | 300,000.0 | ||||||
| GENERAL FUNDS | ||||||||
| General Funds | 353,727.0 | 930,219.0 | (847,014.0) | 436,932.0 | ||||
| Assets transferred from |
||||||||
| Worcestershire County Council |
497,605.0 | (33,146.0). | 464,459.0 | |||||
| 851,332.0 | 930,219.0 | (880,160.0) | 901,391.0 | |||||
| RESTRICTED FUNDS | ||||||||
| Music Education Grant |
738,225.0 | (738,225.0) | ||||||
| The Sheila Trust Fund | 282.0 | (282.0) | ||||||
| Inspiring Future Through Arts |
the 726.0 |
20,450.0 | (20,708.0) | 468.0 | ||||
| Jump Start | 1,929.0 | 2,367.0 | (4,740.0) | 444.0 | ||||
| Worcestershire Arts |
||||||||
| Partnership | 2,544.0 | 250.0 | (2,158.0) | 636.0 | ||||
| Cultural Educational |
||||||||
| Programme | 5,000.0 | 6,000.0 | (7,372.0) | 3,628.0 | ||||
| Arts Services - Voices | and | |||||||
| Vision | 28,597.0 | 108,693.0 | (136,846.0) | (444.0) | ||||
| Bursary Fund | 100.0 | 1,998.0 | 2,098.0 | |||||
| Cultural Development |
Fund | 288,864.0 | (209,146.0) | 79,718.0 | ||||
| Space Hive | 17,391.0 | 17,391.0 | ||||||
| Arts Council TPS grant | 32,808.0 | (32,808.0) | ||||||
| Malvern Civic Society |
200.0 | (200.0) | ||||||
| Income for Trips | 20.0 | (20.0) | ||||||
| Ensemble Funding |
750.0 | (750.0) | ||||||
| Worcestershire Children's |
First | 2,000.0 | 2,000.0 | |||||
| 39,178.0 | 1,220,016.0 | (1,153,255.0) | 105,939.0 | |||||
| TOTAL OF FUNDS | 1,190,510.0 | 2,150,235.0 | (2,033,415.0) | 1,307,330.0 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Transfers | 31 March | |||||
| Income | Expenditure | in/out | 2019 | |||
| F | ||||||
| UNRESTRICTED FUNDS | ||||||
| DESIGNATED FUNDS | ||||||
| Designated Funds |
- all | funds | 300,000.0 | 300,000.0 | ||
| GENERAL FUNDS | ||||||
| General Funds | 1,231,715.0 | (577,988.0) | (300,000.0) | 353,727.0 | ||
| Assets transferred | from | Worcestershire | ||||
| County Council | 533,553.0 | (35,948.0) | 497,605.0 | |||
| 1,765,268.0 | (613,936.0) | (300,000.0) | 851,332.0 | |||
| RESTRICTED FUNDS | ||||||
| Music Education Grant |
735,213.0 | (735,213.0) | ||||
| The Sheila Trust Fund | 602.0 | (320.0) | 282.0 | |||
| Inspiring Future Through |
the Arts | 17,126.0 | (16,400.0) | 726.0 | ||
| Jump Start | 9,648.0 | (7,719.0) | 1,929.0 | |||
| Worcestershire Arts Partnership |
2,797.0 | (253.0) | 2,544.0 | |||
| Cultural Educational |
Programme | 5,000.0 | 5,000.0 | |||
| Arts Services - Voices and Vision | 66,346.0 | (37,749.0) | 28,597.0 | |||
| Bursary Fund | 100.0 | 100.0 | ||||
| 836,832.0 | (797,654.0) | 39,178.0 | ||||
| TOTAL OF FUNDS | 2,602,100.0 | (1,411,590.0) | 1,190,510.0 |
| ANALYSI | S OF NET ASSETS BETWEEN FUNDS | - CURRENT PERIOD | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| 2020 E |
2020f | 2020 | ||
| Tangible fixed assets | 528,263.0 | 528,263.0 | ||
| Current assets | 1,147,031.0 | 136,616.0 | 1,283,647.0 | |
| Creditors | due within one year | (229,233.0) | (32,489.0) | (261,722.0) |
| Creditors | due in more than one year | (242,858.0) | (242,858.0) | |
| Difference | (1,812.0) | 1,812.0 | ||
| TOTAL | 1,201,391.0 | 105,939.0 | 1,307,330.0 | |
| ANALYSIS OF NET ASSETS BETWEEN FUNDS | - PRIOR PERIOD | |||
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| 2019 | 2019 | 2019 | ||
| F | F | |||
| Tangible fixed assets | 539,128.0 | 539,128.0 | ||
| Current assets | 1,148,718.0 | 67,775.0 | 1,216,493.0 | |
| Creditors | due within one year | (236,511.0) | (28,597.0) | (265,108.0) |
| Creditors | due in more than one year | (300,001.0) | (300,001.0) | |
| TOTAL | 1,151,334.0 | 39,178.0 | 1,190,512.0 |
| RECONCILIATION OF NET MOVEMENT |
RECONCILIATION OF NET MOVEMENT |
RECONCILIATION OF NET MOVEMENT |
IN | FUNDS TO NET | FUNDS TO NET | CASH FLOW | FROM OPERATING | FROM OPERATING | |
|---|---|---|---|---|---|---|---|---|---|
| ACTIVITIES | |||||||||
| 2020 | 2019 | ||||||||
| F | |||||||||
| Net income for the period | (as per Statement | of Financial | Activities) | 116,820.0 | 1,190,510.0 | ||||
| ADJUSTMENTS FOR: | |||||||||
| Depreciation charges |
44,842.0 | 40,859.0 | |||||||
| Increase in debtors |
(112,303.0) | (186,614.0) | |||||||
| Increase/(decrease) in creditors |
(3,388.0) | 207,968.0 | |||||||
| Fixed assets transferred | from Worcestershire | County Council | (533,553.0) | ||||||
| Cash reserves transferred | from Worcestershire | County | Council | (449,128.0) | |||||
| NET CASH PROVIDED BYOPERATING ACTIVITIES | 45,971.0 | 270,042.0 | |||||||
| 17. | ANALYSIS OF CASH AND | CASH EQUIVALENTS | |||||||
| 2020 | 2019 | ||||||||
| F | |||||||||
| Cash in hand | 984,730.0 | 1,029,879.0 | |||||||
| TOTAL CASH AND CASH | EQUIVALENTS | 984,730.0 | 1,029,879.0 | ||||||
| 18. | ANALYSIS OF CHANGES | IN NET DEBT | |||||||
| Other non- | |||||||||
| At 1 | April | cash | At 31 March | ||||||
| 2019 | Cash flows | changes | 2020 | ||||||
| f. | |||||||||
| F | |||||||||
| Cash at bank and in hand |
1,029,879.0 | (45,149.0) | 984,730.0 | ||||||
| Debt due within 1 year |
(57,142.0) | 57,142.0 | (57,143.0) | (57,143.0) | |||||
| Debt due after 1 year | (300,001.0) | 57,143.0 | (242,858.0) | ||||||
| 672,736.0 | 11,993.0 | 684,729.0 |
| under non- | can | cellable operating leases as follows: |
||
|---|---|---|---|---|
| 2020 | 2019f | |||
| Not later than | 1 year | 29,333.0 | 32,000.0 | |
| Later than | 1 year and not later than 5years | 29,333.0 | ||
| 29,333.0 | 61,333.0 |
| 2020 | 2019f |
|---|---|
| 32,000.0 | 32,000.0 |