| Contents of the Financial Statements | |||
|---|---|---|---|
| for the Year Ended 30 April 2021 | |||
| — | |||
| Page | |||
| Report of the Chairman | 1 | ||
| Report o f the Trustees | : 2 −4 | ||
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | 9 | |
| Detailed Statement of Financial Activities | 10 |
| 30.4.21 | 30.4.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donations | 14,968 | 14,968 | 74,224 | ||
| Gift Aid | 40 | 40 | 6,588 | ||
| Total | 15,008 | 15,008 | 80,812 | ||
| EXPENDITURE ON | |||||
| Raising funds | 2 | 5,226 | 5,226 | 3,873 | |
| Trading activities | 13,868 | 32,470 | |||
| Support costs | 26,173 | 26,173 | 7,017 | ||
| Total | 45,267 | 45,267 | 43,360 | ||
| NET INCOME / (EXPENDITURE) | (30,259) | (30,259) | 37,452 | ||
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 56,236 | 10,000 | 66,236 | 28,784 | |
| TOTAL FUNDS CARRIED FORWARD | 25,977 | 10,000 | 35,977 | 66,236 |
| 30.4.21 | 30.4.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Computer Equipment | 4 | 2,125 | 2,125 | ||
| CURRENT ASSETS | |||||
| Debtors | 5 | 6,735 | |||
| Cash at bank | 25,622 | 10,000 | 35,622 | 61,649 | |
| TOTAL ASSETS | 27,747 | 10,000 | 37,747 | 68,384 | |
| CREDITORS | |||||
| Amounts falling due within one year | 6 | (1,770) | (1,770) | (2,148) | |
| NET CURRENT ASSETS | 25,977 | 10,000 | 35,977 | 66,236 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 25,977 | 10,000 | 35,977 | 66,236 | |
| NET ASSETS | 25,977 | 10,000 | 35,977 | 66,236 | |
| FUNDS | 7 | ||||
| Unrestricted funds | 25,977 | 56,236 | |||
| Restricted funds | 10,000 | 10,000 | |||
| TOTAL FUNDS | 35,977 | 66,236 |
| Raising donations and legacies | ||
|---|---|---|
| 30.4.21 | 30.4.20 | |
| £ | £ | |
| Fundraising | 5,226 | 3,873 |
| 5,226 | 3,873 |
| 4. | FIXED ASSETS | |||
|---|---|---|---|---|
| Total | ||||
| Cost: Computer Equipment | 2,827 | |||
| Depreciation | 702 | |||
| Net Book Value | 2,125 | |||
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 30.4.21 | 30.4.20 | |||
| Gift Aid debtor | 6,588 | |||
| VAT | 147 | |||
| 6,735 | ||||
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 30.4.21 | 30.4.20 | |||
| Trade creditors | 1,770 | 2,148 | ||
| Other creditors | ||||
| 1,770 | 2,148 | |||
| 7. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.5.20 | in funds | 30.4.21 | ||
| Unrestricted funds | ||||
| General fund | 56,236 | 30,259 | 25,977 | |
| Restricted funds | ||||
| Restricted fund | 10,000 | 10,000 | ||
| TOTAL FUNDS | 66,236 | 30,259 | 35,977 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | |||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 11.5,008 | (45,267) | (30,259) | |
| Restricted funds | ||||
| Restricted fund | ||||
| TOTAL FUNDS | 15,008 | (45,267) | (30,259) |
| Detailed Statement o f Financial Activities | ||
|---|---|---|
| for the Year Ended 30 April 2021 | ||
| 30.4.21 | 30.4.20 | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations and grants | 14,968 | 74,224 |
| Gift aid | 40 | 6,588 |
| Total incoming resources | 15,008 | 80,812 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Fundraising | 5 226 | 3 873 |
| Other trading activities | ||
| Art Projects Manager | 8,012 | |
| Learning Projects Manager | 5,806 | |
| Chance or Control: Art in the Age o f Computers | 50 | 32,470 |
| 13,868 | 32,470 | |
| Support costs | ||
| Management | ||
| Insurance | 971 | 1,017 |
| Management Consultancy | 24,000 | 6,000 |
| Book−keeping | 500 | |
| Depreciation | 702 | |
| 26,173 | 7,017 | |
| Total resources expended | 45,267 | 43,360 |
| Net income / (expenditure) | (30,259) | 37,452 |