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|The charity currently
has|The charity currently
has|a board ofsix non-exec|a board ofsix non-exec|utive
Trustees.|utive
Trustees.|||
|---|---|---|---|---|---|---|---|
|The Trustees of Gateway||Studio CIO during
the||period and to the date||of signing|this report were|
|as follows:||||||||
|Ms Susan Wilson|CBE(Chair)||Appointed|17|December 2019|||
|Mr Geof Keys|||Appointed|17|December 2019; Resigned 26||March 2021|
|Ms Sarah Hogarth|||Appointed|17|December 2019|||
|Ms Rebecca Miller|||Appointed|17|December 2019|||
|Mr Peter Huggins|MBE||Appointed|17|December 2019|||
|Mr Carlos Martinez|Pena||Appointed|27|May 2020; Resigned|16January 2021||
|Ms Eleanor Harrison|||Appointed|25|March 2021|||
|Mr Kema Sikazwe|||Appointed|25|March 2021|||
|Mr Paul Wilson|||Appointed|25|March 2021|||
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|ERIOD TO 31 MARCH 2|0|21||||||
|---|---|---|---|---|---|---|---|
|||||Note|Unrestricted
Funds|Restricted
Funds|Total
2021|
|Income||||||||
|Income from Investments|||||26||26|
|Income from Charitable|Activities||||70,334||70,334|
|Income from Grants,
Donations
Legacies|||8||34,519|196,663|231,182|
|Other Income|||||9,900||9,900|
|Total Income|||||114,779|196,663|311,442|
|Expenditure||||||||
|Expenditure
on Charitable||Activities||6|96,762|119,950|216,712|
|Total Expenditure|||||96,762|119,950|216,712|
|Net Income/(Expenditure)|||||18,017|76,713|94,730|
|Balance brought
forward||||||||
|Balance carried forward
March||at 31||13|618,017|676,713|894,730|
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||||Notes|2021f|
|---|---|---|---|---|
|Fixed Assets|||||
|Tangible
Fixed Assets|||10|1,905|
|Current Assets|||||
|Debtors||||101,204|
|Cash at Bank and|ln Hand|||14,145|
|||||115,349|
|Creditors:|||||
|Amounts
Falling Due Within||1 Year|12|(22,524)|
|Net Current Assets||||92,825|
|Total Net Assets||||f94,730|
|Represented
By:|||||
|Unrestricted
Funds|||13,14|18,017|
|Restricted
Funds|||13,14|76,713|
|||||f94,730|
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|2.|Income from|Invest|ment|s|||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|2021|
|||||||Funds|Funds||
||Interest on Cash Deposits|||||26||26|
|||||||f26||f26|
|3.|Income from|Charitable||Activities|||||
|||||||Unrestricted|Restricted|2021|
|||||||Funds|Funds||
||Educational|Contracts||||60,000||60,000|
||Creative Projects|||||1,177||1,177|
||Ticket Sales|||||775||775|
||Youth Groups|||||7,207||7,207|
||Venue
Hire|||||1,155||1,155|
||Merchandise|Sales||||20||20|
|||||||f70,334||f70,334|
||Income from|Grants, Donations|||&|Legacies|||
|||||||Unrestricted|Restricted|2021|
|||||||Funds|Funds||
||Grant Income||||||||
||Arts Council England||- Elevate||||92,013|92,013|
||Arts Council
England
Fund||- Emergency|||9,640|8,510|18,150|
||Gateshead
Council -||COVID Support|||22,285||22,285|
||National
Lottery Heritage|||Fund|||96,140|96,140|
||North East Active Partnership:Sport||||||||
||Tyne &Wear|Emergency||Satellite||1,080||1,080|
||Club||||||||
|||||||33,005|196,663|229,668|
||Donations|||||1,514||1,514|
|||||||834,519|f196,663|F231,182|
|5.|Other Income||||||||
|||||||Unrestricted|Restricted|2021|
|||||||Funds|Funds||
|||||||f|||
||Office and Room Rental|||||6,900||6,900|
||Car Parking|Rental||||3,000||3,000|
|||||||R9.900||R9.900|
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|xpenditure
on Charitable|Activities||||
|---|---|---|---|---|
|||Unrestricted|Restricted|2021|
|||Funds|Funds||
|Direct Costs|||||
|Advertising
8 Promotion||664||664|
|Dance Tuition Costs||27,875||27,875|
|Other Direct Costs||795||795|
|Trinity Capital Development|||||
|Statutory Fees|||1,292|1,292|
|Consultancy
Fees|||6,852|6,852|
|Professional
Fees|||48,434|48,434|
|Survey Fees|||9,776|9,776|
|Support Costs|||||
|Bank &Credit Card Charges||114||114|
|Consultancy
Fees||2,205||2,205|
|Depreciation||151|801|952|
|Heat 8 Light/Water
Rates||5,161||5,161|
|HR Costs||280||280|
|Insurance||961||961|
|Other Overhead
Costs||348||348|
|Print, Postage 8 Stationery||120||120|
|Repairs 8 Maintenance/Cleaning||812||812|
|Salaries & On Costs||43,350|46,847|90,197|
|Security Costs||1,690||1,690|
|Telephone,
ICT 8 Website|Costs|3,094|48|3,142|
|Travel 8 Accommodation||220||220|
|Governance
Costs|||||
|Board Expenses/Meeting|Costs|648||648|
|Bookkeeping
8 Payroll Fees|||5,900|5,900|
|Independent
Examination||840||840|
|Other Accountancy
Services||635||635|
|Net Liabilities Transferred|from|6,799||6,799|
|Gateway Studio CIC|||||
|||f96,762|f119,950|f216,712|
##
|et Income/(E|xpenditure)|||
|---|---|---|---|
||||2021|
|Net income/(expenditure)||is stated after charging/(crediting):||
|Independent|Examiner|- Examination
Fees|840|
|Independent|Examiner|- Other Services|540|
|Depreciation|of Owned|Fixed Assets|952|
##
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|Staff Costs|||||||
|---|---|---|---|---|---|---|
|||||||2021|
|Gross Salary Costs||||||86,269|
|Social Security Costs||||||2,402|
|Employer's
Pension
Contributions||||||1,526|
|||||||690,197|
|The average
monthly
number ofstaff|||employed|during the period was||2021|
|as follows:||||||No.|
|Artistic Education/Learning||Programmes/Management|||||
|No employees
received|remuneration||in excess|ofF60,000 in the period.|||
|The total
paid to key|management||personnel,|defined|as the members|of the Management|
|Team, was F86,269.|||||||
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|At 31|MARCH 2021||||||
|---|---|---|---|---|---|---|
|10.|Tangible Fixed Assets||||||
||||||IT5|Total|
||||||Office|Fixed|
||||||Equipmentf|Assetsf|
||Cost||||||
||At 4 December 2019||||||
||Additions
in year||||2,857|2,857|
||At 31 March 2021||||2,857|2,857|
||Accumulated
Depreciation||||||
||At 4 December 2019||||||
||Charge for year||||952|952|
||At 31 March 2021||||952|952|
||Net BookValue||||||
||At 31 March 2021||||F1,905|F1,905|
||At 4 December 2019||||||
|11.|Debtors||||||
|||||||2021f|
||Trade Debtors|||||4,595|
||Accrued
Income —National|Lottery Heritage||Fund||50,150|
||Accrued
Income —Arts Council England||- Elevate|||46,006|
||Prepayments|||||453|
|||||||F101,204|
|12.|Creditors
-Amounts
Falling Due Within|||One Year|||
|||||||2021|
||Trade Creditors|||||7,307|
||Other Taxes 8 Social Security Costs|||||1,519|
||Deferred
Income|||||2,768|
||Other Creditors|||||283|
||Accruals|||||10,647
f22,524|
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