2021-03-31-accounts

Charityname	TheRachelKay-ShuttleworthTextileCollections
Charityregistrationnumber	1182054
Trustees	TheRtHonLordShuttleworthKGKCVO
	FreydisCampbell
	TheHonSallyFiggins
	GeorginaFoster(appointed12November2020)
	MichaelMillward(appointed12November2020)
	AshleySutcliffe(appointed12November2020)
Principaloffice	EstateOffice
	CowanBridge
	Carnforth
	Lancashire
	LA62HS
Bankers	BarclaysBankplc
	72-78StJamesStreet
	Burnley
	Lancashire
	BB111NH
Solicitors	FieldenMarshallGloverStrutt
	ManorBuildings
	MoorLane
	Wiswell
	Clitheroe
	Lancashire
	BB79DG
Accountants	SafferyChampnessLLP
	Trinity
	16JohnDaltonStreet
	Manchester
	M26HY

	Page
ReportoftheTrustees	1-5
Independentexaminer'sreport	6
Statementoffinancialactivities	7
Balancesheet	8
Notestothefinancialstatements	9-16

11 November 2021

		Unrestricted	Restricted	Total	Total
		fund	fund	2021	2020
	Notes	£	£	£	£
Incomefrom:
Voluntary income:Donations		1,187	-	1,187	3,210
Activitiesforgeneratingfunds	[42]	8,906	=	8,906	10,169
Investmentincome		8,225	.	8,225	11,038
Grantsreceived		-	128,318	128,318	31,801
Totalincomingresources		18,318	128,318	146,636	56,218
Expenditureon:
Generatingfunds		4,048	28,376	32,424	19,962
Charitableactivities	[22]	8,858	52,944	61,802	54,967
Governancecosts		2,694	18,159	20,853	9,180
Totalresourcesexpended		15,600	99,479	115,079	84,109
Netincoming/ (outgoing)resources		2,718	28,839	31,557	(27,891)
Gains/ (losses)oninvestments		35,240	-	35,240	(42,779)
Netmovementinfunds		37,958	28,839	66,797	(70,670)
Balancebroughtforwardasat1 April2020		158,353	41,429	199,782	270,452
Balancecarriedforwardasat31March2021		196,311	70,268	266,579	199,782

29 October 2021

	Unrestricted	Restricted		Unrestricted	Restricted
	2021	2021		2020	2020
	£	£		£	£
Incomefrom:
Voluntaryincome:Donations	1,187	-		3,210	”
Activitiesforgeneratingfunds	8,906	-		10,169	-
Investmentincome	8,225	-		11,038
Grantsreceived	-	128318		-	31,801
Totalincomingresources	18,318	128,318		24,417	31,801
Expenditureon:
Generatingfunds	4,048	28,376		-	19,962
Charitableactivities	8,858	52,944		-	54,967
Governancecosts	2,694	18,159		-	9,180
Totalresourcesexpended	15,600	99,479		-	84,109
Netincoming/ (outgoing)resources	2,718	28,839		24,417	(52,308)
Gains/ (losses)oninvestments	35,240		-	(42,779)	-
Netmovementinfunds	37,958	28,839		(18,362)	(52,308)
Balancebroughtforwardasat1 April2020	158,353	41,429		176,715	93,737
Balancecarriedforwardasat31March2021	196,311	70,268		158,353	41,429

Fixedassetinvestments
	2021	2020
	£	£
MarketValuesasat1 April2020	152,124	208,810
Netgain/ (loss)onrevaluation	35,240	(42,779)
Less:Disposalsatmarketvalue	-	(13,907)
MarketValuesasat31March2021	187,364	152,124
Historiccostasat31March2021	38,596	38,596
Investmentsatmarketvaluecomprised:
	2021	2020
	£	£
M&GCharifund	187,364	152,124
MarketValuesasat31March2021	187,364	152,124

Activitiesforgeneratingfunds
	2021	2020
	£	£
Workshopfees	-	3,433
Visitor/studyfees	.	3,176
Salesofgoods	3,039	2,549
Commission	2,477	868
Miscellaneous	3,390	143
	8,906	10,169

6	Investmentincome
			2021	2020
	Dividends- UKequities		8,208	10,954
	Interest- cashdeposits		17	84
			8,225	11,038
7	Employees
		2021		2020
	Staffcosts
	Wagesandsalaries	56,428		51,747
	Socialsecuritycosts	3,695		4,158
	Pensioncosts	2,342		1,706
	Totalstaffcosts	62,465		57,611
	Ofwhichrelatingtokeymanagementpersonnel:
	Wagesandsalaries	44,070		43,570
	Socialsecuritycosts	3,692		4,812
	Pensioncosts	2,343		1,706
	Total	50,105		50,088
	Averageheadcount

	Generating	Charitable	Governance	Total	Total
	Funds	Activities	Costs	2021	2020
	£	£	£	£
Volunteers					163
Insurance	-	982	-	982	830
Rent	-	2,703	-	2,703	3,604
Sundry	-	-	1,558	1,558	918
Stationery	529	264	-	793	537
Telephone	619	-	-	619	619
Display/Workshop	19	37	-	56	3,386
Professionalfees					2,570
Accountancy	-	-	2,748	2,749	1,608
Officeequipment	4,626	2,313	-	6,939	705
Marketing	2,097	-	-	2,097	899
Retailcosts	1,021	-	-	1,021	2,446
Educationfees	-	5	-	5	348
Directorsexpenses					304
Consultancy	11,020	5,526	16,546	33,092	7,561
Wages	12,493	49,972	-	62,465	57,611
	32,424	61,802	20,853	115,079	84,109

Summaryofrestrictedfundmovements
		At1 April		Income	Expenditure	At31March
		2020				2021
		£		f	£	£
Currentyear
ArtsCouncilEngland		900		81,230	(72,527)	9,603
EsmeeFairbairn		-		6,757	(5,711)	1,046
NationalLotteryEthicalTextiles		-		23,333	(7,759)	15,574
UCLAN		-		10,000	-	10,000
JohnMurrayCharitableTrust		10,000		-	(5,451)	4,549
KeyFund		25,000		-	(8,031)	16,969
Otherfunds		5,529		6,998	-	12,527
		41,429		128,318	(99,479)	70,268
		At1 April		Income	Expenditure	At31March
		2019				2020
	£		£		f	£
Comparativeyear
ArtsCouncilEngland		12,825		1,425	(13,350)	900
EsmeeFairbairn		31,075		-	(31,075)		-
UCLAN		26,000		-	(26,000)		-
JohnMurrayCharitableTrust		10,000		-	-	10,000
KeyFund		-		25,000	-	25,000
Otherfunds		13,837		5,376	(13,684)	5,529
		93,737		31,801	(84,109)	41,429

	Original
	charity		Clo	Total
	01/04/19	-	29/11/19-	01/04/19-
	28/11/19		31/03/20	31/03/20
		£	£	£
Totalincome	21,396		34,822	56,218
Totalexpenditure	(50,816)		(33,293)	(84,109)
Net(outgoing)/incomingresources	(29,420)		1,529	(27,891)
Gains/(losses)oninvestments	7,976		(50,755)	(42,779)
Netmovementinfunds	(21,444)		(49,226)	(70,670)
Netassetsatdateofmerger
Netassetsof£249,008weretransferredrepresentedby:
Restrictedfunds
Restrictedincomefunds				43,469
				43,469
Unrestrictedfunds
Fixedassets				202,878
Cashatbank				43,042
Othernetcurrentliabilities				(40,381)
				205,539
Totalassetstransferred				249,008