| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 4 |
| Statement o f Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 11 |
| Detailed Statement of Financial Activities | 12 |
| 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) |