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2021-03-31-accounts

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Charity information 1
Trustees Annual Report 1
Statement of directors' responsibilities 6
Independent Examiner's Report 7
Funds Statements:−
Statement of Financial Activities 9
Statement of total recognised gains and losses 10
Movements in funds 11
Revenue Funds 11
Summary of funds 11
Balance sheet 13
Notes to the accounts 14

more fully detailed in the accounts, can be summaris ed asfollows:−
2021 2,020
3,492 17,914
Net income
Unrestricted Revenue Funds available for
the general purposes of the charity		 21,406 17,914
Total Funds 21,406 17,914

Current year
Unrestricted		 Current year
Restricted		 Current year
Total Funds		 Prior Year
Total Funds
SC Funds Funds
2021 2021 2021 2020
£ £ £ £
Income & Endowments from:
Donations & Legacies Al 10,280 8,354 18,634 9,178
Charitable activities A2 10,004 10,004 33,605
Other trading activities A3 − 1,010
Investments A4 2 2 6
Total income A 20,286 8,354 28,640 43,799
Expenditure on:
Charitable activities B2 16,794 8,354 25,148 25,885
Total expenditure B 16,794 8,354 25,148 25,885
Net income for the year 3,492 3,492 17,914
Net income after transfers A−B−C 3,492 3,492 17,914
Net movement in funds 3,492 3,492 17,914
Reconciliation of funds:− E
Total funds brought forward 17,914 17,914
Total funds carried forward 21 406 21,406 17,914
−−−

2021 2020 2020
Surplus for the year :−
Net excess of income over expenditure from operations before tax 21,406 17,914
Income from operations before tax in the Statement of Financial Activites 21,406 17,914
_
.		 . _ _
Net Movement in funds before taxation 21,406 17,914
Funds generated in the year as shown on Statement of Financial Activities 21,406 17,914

Unrestricted Restricted Total Last year
Funds Funds Funds Total Funds
2021 2021 2021 2020
£ £ £ £
Accumulated funds brought forward 17,914 17,914
Recognised gains and losses 3,492 3,492 17,914
21,406 21,406 17,914
Closing revenue funds 21,406 21,406 17,914
Summary of funds Unrestricted Restricted Total Last Year
and Funds Funds Total Funds
Designated funds
2021 2021 2021 2020
£ £ £ £
Revenue accumulated funds 21,406 21,406 17,914
Fixed asset funds
Revaluation reserve fund
Total funds 21,406 21,406 17,914

2021 2020
£ £
Income
Income from operations 28,638 43,793
Investment income
Interest receivable 2 6
Gross income in the year before exceptional items 28,640 43,799
Gross income in the year including exceptional items 28,640 43,799
Expenditure
Charitable expenditure, excluding depreciation and amortisation 25,028 25,765
Governance costs 120 120
Total expenditure in the year 25,148 25,885
Net income before tax in the financial year 3,492 17,914
Tax on surplus on ordinary activities
Net income after tax in the financial year 3,492 17,914
Retained surplus for the financial year 3,492 17,914
All activities derive from continuing operations

SORP
NotE Ref 2021 2020
Tangible Fixed Assets 236
Current assets B
Stocks B1 10,051 10,380
Debtors 12 B2 387
−
Cash at bank and in hand B4 13,405 8,379
Total current assets 23,456 19,146
Creditors: amounts falling due within
one_year 13 C l (2,286) (1,232)
Net current assets 21,170 17,914
The total net assets of the charity 21,406 17,914
**The total net assets of the charity are ** funded by the funds of the charity, as follows:−
Unrestricted Funds
Unrestricted Revenue Funds 17 D3 21,406 17,914
21,406 17,914
Total charity funds 21,406 17,914

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Salary costs		 2021 2020
Gross Salaries excluding trustees and key management personnel 4,703 12,937
Employer's operating costs of defined contribution pension schemes 317 110
Total salaries, wages and related costs 5,020 13,047
The average number of part time staff employed in the year was 2 2
The estimated full time equivalent number of all staff employed in the year was 1 1
Engaged on charitable activities 1
The estimated full time equivalent number ofall staff employed as above 1 1

**10 ** Fixed Assets 2021 2020
Plant ad Machinery
Cost
Additions 236
At 31 March 2021 236
Amortisation
−−−−−
ATIT−MaUh−2021−
Net book value 236
11 Stocks & Work In Progress 2021 2020
Stocks before write downs 10,051 10,380
10,051 10,380
**12 ** Debtors
2021 2020
Prepayments and accrued income 387
**13 ** Creditors: amounts falling due within one year 2021 2020
Bank loans and overdrafts 524
Trade creditors 114 112
Accruals 1,648 1,120
2,286 1,232
_ _
**14 ** Pension commitments
**2021 ** −−− −2020− −−
Pension commitments under defined contribution schemes
within one year 198 188
198 188

Income and Expenditure account summary 2021 2020
At 1 April 2020
Surplus after tax for the year 3,492 17,914
At 31 March 2021 3,492 17,914
At 31 March 2021 Unrestricted Designated Restricted Total
funds funds funds Funds
.
£ £ £ £
Fixed Assets 236 236 236
Current Assets 23,456 23,456
Current Liabilities (2,286) − (2,286)
21,406 236 21,406

Change in total funds over the year as show n in Note 16 , analy sed by individ ual funds
Funds brought Movement in Transfers Funds carried
forward from
2020		 funds in 2021 between
funds in		 forward to
2022
2021
See Note 18
Unrestricted and designated funds:−
Unrestricted Revenue Funds 7,534 3,492 11,026
Total unrestricted and designated funds 7 534 3,492 11 026
Restricted funds:−
COVID Job Retention Scheme 8354 8,354
Total restricted funds 8,354 8,354
Total charity funds 7,534 11,846 19,380

Other
Income Expenditure Gains & Movement
Losses in funds
2021 2021 2021 2021
E E E £
Unrestricted and designated funds:−
Unrestricted Revenue Funds 20,286 (16,794) 3,492
Restricted funds:−
COVID Job Retention Scheme 8354 (8,354)
28,640 (25,148) 3,492

Donations, Grants and Legacies Donations, Grants and Legacies
Current year Current year Current year Prior Year
Unrestricted Restricted **Total ** Funds Total Funds
Funds Funds
2021 2021 2021 2020
Donations and gifts from individuals 5,930 5,930 3,117
Total donations and gifts from individual 5,930 5,930 3,117
Current year Current year Current year Prior Year
Unrestricted Restricted **Total ** Funds Total Funds
Funds Funds
2021 2021 2021 2020
Revenue grants from government and public bodies
Covid Job Retention Scheme from HM
Government		 8,354 8,354
Hinckley & Bosworth Borough Council 4,350 4,350
Total public sector revenue grants 4,350 8,354 12,704
Current year Current year Current year Prior Year
Unrestricted Restricted **Total ** Funds Total Funds
Funds Funds
2021 2021 2021 2020
Revenue grants and donations from non public
bodies
The Vine Trust 6,061
Total private sector revenue grants 6,061
The previously unincorporated charity, The Vine Trust, donated all its funds to this charity upon the
formation of the Charitable Incorporated Organisation. The amount donated represents the bank
balances of the former charity, less expenses relating to the former charity paid by this charity.
Total Donations, Grants and
Al
Legacies		 10,280 8,354 18,634 9,178

Current year Current year Current year Current year Prior Year
Unrestricted Restricted Total Funds Total funds
Funds Funds
2021 2021 2021 2020
Primary purpose and ancillary trading
Sale of goods and services in accordan 10,004 10,004 33,605
Total Primary purpose and ancillary trading 10,004 10,004 33,605

Current year Current year Current year Prior Year
Current year Unrestricted
Funds		 Restricted
Funds		 Total Funds Total Funds
2021 2021 2021 2020
Total income from charitable trading 10,004 10,004 33,605
Total from charitable activities A2 10,004 10,004 33,605

Incomeirdrn−Alternativity' events„ −−−−−−− 1,010
Total from other activities − 1,010
**25 ** Investment income
Current year Current year Current−year−−−−−−Prlor_Y_ear
Unrestricted Restricted Total Funds Total Funds
Funds Funds
2021 2021 2021 2020
Bank Interest Receivable 2 2 6
Total investment income A4 2 2 6

Current year Current year Current year Prior Year
Unrestricted Restricted Total Funds Total Funds
Current Year Funds Funds
2021 2021 2021 2020
Gross wages and salaries −charitable a 4,703 8,354 13,057 12,937
Employers' NI −Charitable activities 105 105
Defined contribution pension costs −charitable 317 317 110
activities
Total direct spending
B2a		 5,125 8,354 13,479 13,047
Current year Current year **Current ** year Prior Year
Unrestricted Restricted Total Funds Total Funds
Current Year Funds Funds
2021 2021 2021 2020
£ £ £ £
Cost of goods for primary purpose trading 8,012 8,012 7,486
75 75 248
Music licences
Total charitable trading costs B2b 8,087 8,087 7,734
Current year Current year Current year Prior Year
Unrestricted Restricted Total Funds Total Funds
Current Year Funds Funds
2021 2021 2021 2020
Grants made to organisations 44
Total grantmaking costs B2c 44

Support costs for charitable activities
**Current ** year Current year **Current ** year Prior Year
Unrestricted Restricted Total Funds
Current Year Funds Funds Total Funds
2021 2021 2021 2020
Employee costs not included in direct costs
Training and welfare −staff 41
Premises Expenses
Rent payable under operating leases 1,400 1,400 2,450
Cleaning and waste management 23 23 137
Premises repairs, renewals and mainter 60
Administrative overheads
Telephone, fax and internet 468 468 154
Postage 20 − 20 111
Stationery and printing 12 − 12 135
Web site costs 101 − 101 86
Membership subscriptions 150 − 150 160
Equipment expenses 168 168 59
Health and safety costs 9
Liabilty and contents insurance 309 309
Sundry expenses 81 − 81 64
As detailed in Note 30 408 408 408
Professional−fees−paid−taadvisors−other−than−the−auditor−or−examiner
Accountancy fees other than examination or audit
fees		 1,000
_
Financial costs
Bank charges 322 322 66
Support costs before reallocation 3,462 3,462 4,940
Total support costs −Current Year 3,462 3,462 4,940

**Current ** year Current year Current year Prior Year
Unrestricted Restricted Total Funds
Current Year Funds Funds Total Funds
2021 2021 2021 2020
Independent Examiner's fees 120 120 120_
Total Governance costs 120 120 120
Current year Current year Current year Prior Year Prior Year
Unrestricted Restricted Total Funds
Funds Funds Total Funds
2021 2021 2021 2020
Fees paid to the examiner's firm 408 408 408
Total additional fees included in
support costs at Note 29		 408 408 408
Total Charitable expenditure
Current year Current year Current year Prior Year
Unrestricted Restricted Total Funds Total Funds
Current Year Funds Funds
2021 2021 2021 • 2,020
Total direct spending B2a 5,125 8,354 13,479 13,047
Total charitable trading costs B2b 8,087 − 8,087 7,734
Total grantmaking costs B2c − 44
Total support costs B2d 3,462 3,462 4,940
Total Governance costs B2e 120 120 120
Total charitable expenditure B2 16,794 8,354 25,148 25,885