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2021-03-31-accounts
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Page |
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| Reference and Administrative Details |
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1 |
|
| Report of the Trustees |
2 |
to |
4 |
| Statement o f Financial Activities |
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5 |
|
| Balance Sheet |
|
6 |
|
| Notes to the Financial Statements |
7 |
to |
11 |
| Detailed Statement of Financial Activities |
|
12 |
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|
2021 |
2020 |
|
|
Unrestricted |
Total |
|
|
fund |
funds |
|
Notes |
|
|
| INCOME AND ENDOWMENTS FROM |
|
|
|
| Donations and legacies |
2 |
3,682 |
36,159 |
| Other trading activities |
3 |
13,200 |
967 |
| Total |
|
16,882 |
37,126 |
| EXPENDITURE ON |
|
|
|
| Raising funds |
|
10,160 |
750 |
| Charitable activities |
|
|
|
| Charitable activities |
|
27,448 |
46,203 |
| Total |
|
37,608 |
46,953 |
| NET INCOME/(EXPENDITURE) |
|
(20,726) |
(9,827) |
| RECONCILIATION OF FUNDS |
|
|
|
| Total funds brought forward |
|
52,234 |
62,061 |
| TOTAL FUNDS CARRIED FORWARD |
|
31,508 |
52,234 |
|
|
2021 |
2020 |
|
|
Unrestricted |
Total |
|
|
fund |
funds |
|
Notes |
|
|
| FIXED ASSETS |
|
|
|
| Tangible assets |
7 |
15,081 |
22,993 |
| CURRENT ASSETS |
|
|
|
| Debtors |
8 |
157 |
439 |
| Cash at bank |
|
21,070 |
30,301 |
|
|
21,227 |
30,740 |
| CREDITORS |
|
|
|
| Amounts falling due within one year |
9 |
(4,800) |
(1,499) |
| NET CURRENT ASSETS |
|
16,427 |
29,241 |
| TOTAL ASSETS LESS CURRENT |
|
|
|
| LIABILITIES |
|
31,508 |
52,234 |
| NET ASSETS |
|
31,508 |
52,234 |
| FUNDS |
10 |
|
|
| Unrestricted funds |
|
31,508 |
52,234 |
| TOTAL FUNDS |
|
31,508 |
52,234 |
| 2. |
DONATIONS AND LEGACIES |
|
|
|
|
2021 |
2020 |
|
Grants |
3,682 |
36,159 |
|
Grants received, included in the above, are as follows: |
|
|
|
|
2021 |
2020 |
|
Hertfordshire County Council |
1,999 |
2,400 |
|
Arts Council England |
1,500 |
13,500 |
|
East Herts Lottery |
183 |
259 |
|
Hertford Town Council −National Heritage Board |
|
20,000 |
|
|
3,682 |
36,159 |
| 3. |
OTHER TRADING ACTIVITIES |
|
|
|
|
2021 |
2020 |
|
Memberships |
|
50 |
|
Painting Sales |
13,200 |
917 |
|
|
13,200 |
967 |
| 4. |
NET INCOME/(EXPENDITURE) |
|
|
|
Net income/(expenditure) is stated after charging/(crediting): |
|
|
|
|
2021 |
2020 |
|
Depreciation −owned assets |
7,912 |
7,628 |
| 5. |
TRUSTEES' REMUNERATION AND BENEFITS |
|
|
|
|
2021 |
2020 |
|
Trustees' fees |
3,000 |
15,200 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL AC |
TIVITIES |
|
Unrestricted |
|
fund |
|
£ |
| INCOME AND ENDOWMENTS FROM |
|
| Donations and legacies |
36,159 |
| Other trading activities |
967 |
| Total |
37,126 |
| EXPENDITURE ON |
|
| Raising funds |
750 |
| Charitable activities |
|
| Charitable activities |
46,203 |
| Total |
46,953 |
| NET INCOME/(EXPENDITURE) |
(9,827) |
| RECONCILIATION OF FUNDS |
|
| Total funds brought forward |
62,061 |
| TOTAL FUNDS CARRIED FORWARD |
52,234 |
| TANGIBLE FIXED ASSETS |
|
|
|
|
Improvements |
|
|
|
to |
Computer |
|
|
property |
equipment |
Totals |
|
£ |
£ |
£ |
| COST |
|
|
|
| At 1st April 2020 and 31st March 2021 |
36,706 |
2,856 |
39,562 |
| DEPRECIATION |
|
|
|
| At 1st April 2020 |
16,283 |
286 |
16,569 |
| Charge for year |
7,341 |
571 |
7,912 |
| At 31st March 2021 |
23,624 |
857 |
24,481 |
| NET BOOK VALUE |
|
|
|
| At 31st March 2021 |
13,082 |
1,999 |
15,081 |
| At 31st March 2020 |
20,423 |
2,570 |
22,993 |
| 8. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
|
|
2021 |
2020 |
|
VAT |
|
|
157 |
439 |
| 9. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
|
|
2021 |
2020 |
|
Trade creditors |
|
|
3,300 |
|
|
Accrued expenses |
|
|
1,500 |
1,499 |
|
|
|
|
4,800 |
1,499 |
| 10. |
MOVEMENT IN FUNDS |
|
|
|
|
|
|
|
|
Net |
|
|
|
|
|
movement |
At |
|
|
At 1.4.20 |
|
in funds |
31.3.21 |
|
Unrestricted funds |
|
|
|
|
|
General fund |
52,234 |
|
(20,726) |
31,508 |
|
TOTAL FUNDS |
52,234 |
|
(20,726) |
31,508 |
|
Net movement in funds, included in the above are as follows: |
|
|
|
|
|
|
Incoming |
|
Resources |
Movement |
|
|
resources |
|
expended |
in funds |
|
|
|
£ |
£ |
£ |
|
Unrestricted funds |
|
|
|
|
|
General fund |
|
16,882 |
(37,608) |
(20,726) |
|
TOTAL FUNDS |
|
16,882 |
(37,608) |
(20,726) |
|
Comparatives for movement in funds |
|
|
|
|
|
|
|
|
Net |
|
|
|
|
|
movement |
At |
|
|
At 1.4.19 |
|
in funds |
31.3.20 |
|
Unrestricted funds |
|
|
|
|
|
General fund |
|
62,061 |
(9,827) |
52,234 |
|
TOTAL FUNDS |
|
62,061 |
(9,827) |
52,234 |
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
f |
| Unrestricted funds |
|
|
|
| General fund |
37,126 |
(46,953) |
(9,827) |
| TOTAL FUNDS |
37,126 |
(46,953) |
(9,827) |
|
|
Net |
|
|
|
movement |
At |
|
At 1.4.19 |
in funds |
31.3.21 |
| Unrestricted funds |
|
|
|
| General fund |
62,061 |
(30,553) |
31,508 |
| TOTAL FUNDS |
62,061 |
(30,553) |
31,508 |
|
Incoming |
Resources |
•Movement |
|
resources |
expended |
in funds |
| Unrestricted funds |
|
|
|
| General fund |
54,008 |
(84,561) |
(30,553) |
| TOTAL FUNDS |
54,008 |
(84,561) |
(30,553) |
| **FOR THE YEAR ENDED ** |
31ST MARCH 2021 |
|
|
2021 |
2020 |
| INCOME AND ENDOWMENTS |
|
|
| Donations and legacies |
|
|
| Grants |
3,682 |
36,159 |
| Other trading activities |
|
|
| Memberships |
|
50 |
| Painting Sales |
13,200 |
917 |
|
13,200 |
967 |
| Total incoming resources |
16,882 |
37,126 |
| EXPENDITURE |
|
|
| Other trading activities |
|
|
| Purchases |
10,160 |
750 |
| Charitable activities |
|
|
| Trustees' fees |
3,000 |
15,200 |
| Rates and water |
|
2,067 |
| Insurance |
382 |
2,069 |
| Advertising |
2,804 |
1,854 |
| Sundries |
750 |
2,491 |
| Events and workshops |
3,000 |
11,071 |
| Repairs and Renewals |
|
1,115 |
| Publishing costs |
6,850 |
|
| Improvements to property |
7,341 |
7,341 |
| Computer equipment |
571 |
286 |
|
24,698 |
43,494 |
| Support costs |
|
|
| Governance costs |
|
|
| Accountancy fees |
2,750 |
1,500 |
| Legal fees |
|
1,209 |
|
2,750 |
2,709 |
| Total resources expended |
37,608 |
46,953 |
| Net expenditure |
(20,726) |
(9,827) |