2021-03-31-accounts

Legal and administrative	information
Trustees' report
Independent examiner's	report
Statement offfinancial	activities
Balance sheet
Notes to the financial statements

Board ofTrustees	Mark Waugh			(Chair)
	Constance Allman
	George Blacklock
	Osel Bonsu
	Joy Gregory
Company reg. no.	07501785
Charity reg. no.	1189228
Registered oNce	University ofthe	Arts London
	272 High Holbom
	London
	WC1V 7EY
Accountants	Delta Advice Accountancy		Ltd
	8 Margaret Avenue
	StAlbans
	AL3 5TE
Bankers	Bardays Bank
	14-16Mitcham	Road
	London
	SW17 9NA

				Unrestricted	Unrestricted		Restricted		Total		Total
					Funds		Funds		Funds		Funds
									1 April		1 February
									2020to 31		2019tc31
			Note					March 2021		March 2020
INCOME AND ENDOWMENTS		FROM:
Donations and	legacies		2								3,044
Charitable activities			4		172,860		36,000		206,860		237,727
Investments			3								11
TOTAL					172060		36tt00		200960		240702
EXPENDITURE ON:
Charitable actMtles					15D202		15,042		105,504		223 858
TOTAL EXPENDITURE			5		150,252		15,342		165,504		223,858
Net income					22,708		20,658		43,366		16,924
NET MOVEMENT	IN FUNDS				22,708		20,658		43,366		16,924
RECONCILIATION	OF FUNDS:
TOTAL FUNDS AT 1 APRIL 2020					16,183				19,183		2,259
TOTAL FUNDS AT 31 MARCH		2021		6	30,801	8	23,050	8	62,540	4'	10.t83

					31March		31March
					2021		2020
					6		8
CURRENTASSETS
Debtors					10,000
Cash at bank and	In hand				58,455		30,594
					68,455		30,594
CREDITORS: amounts		falling due
within one year					(5,906)		(11,411)
NET CURRENT ASSETS					62,549		19,183
TOTAL ASSETSLESS		CURRENT
LIABILITIES					62,549		19,'I83
TOTAL NET ASSETS				2	52,549	2	39.2e3
FUNDS
Unrestricted funds:
General fund			10		38,891		16,183
					38,891		16,183
Restricted funds			10		23,658		3,000
				2	52,549	3	392e3,

2.	DONATIONS	AND	LEGACIES	LEGACIES
				Unrestricted		Restricted			Total		Total
					Funds		Funds		Funds		Funds
									1 April	1February
									2020to 31		2019to31
					2021		2021f	March 2021f		March 2020f
	Donasons
				f	Nil	f	Nil	f	Nil	f	3,044
	ComparsVve	donations		and legacies
	Forthe period	from	1 February 2019to31March		2020
				Unrestricted			Restncted				Total
					Funds		Funds				Funds
					2020		2020f				2020
							3,044
				3	t44	E	3,044			E	3,044
3.	INVESTMENT	INCOME
				Unrestricted			Restricted		Total		Total
					Funds		Funds		Funds		Funds
									1 April		1February
									2020 to 31		2019to31
					2021		2021f	March 2021		March 2020f
	Interest receivable		from:
	Bank interest
				0	Nll	0	Nll	0	Nll	4	tt
	Comparative	Investment		income
	For the period	from	1 February 2019to 31March		2020
				Unrestricted			Resbicted				Total
					Funds		Funds				Funds
					2020f		2020				2020f
	Interest receivable		from:
	Sank interest										15
				f	11	f	Nil			E

4.	INCOME FROM CHARITABLE ACTIVITIES	INCOME FROM CHARITABLE ACTIVITIES	INCOME FROM CHARITABLE ACTIVITIES	INCOME FROM CHARITABLE ACTIVITIES	INCOME FROM CHARITABLE ACTIVITIES
					Unrestricted		Restricted			Total		Total
						Funds		Funds		Funds		Funds
										1 April	1February
										2020to 31		2019to31
						2021		2021	March 2021		March 2020
						6		6		6		8
	Grants for services
	Events and exhibitions					772760		38,0N		208 760		237,727
						172,760		36,000		208,760		237,727
	Fee income for events					200				200
					E	172,960	6	36,000	6	208,960	6	237727
	Comparative	income from charitable activities
	For the perfod	from 1February 2019to 31			March 2020
					Unrestricted			Restricted				Total
						Funds		Funds				Funds
						2020		2020f				2020
	Grants forservices
	Events and exhibitions					175,000		62,727				237,727
						175,000		82,727				237,727
						t75000	5	62727			5	237,727
5.	RESOURCES	EXPENDED								Total		Total
										Funds		Funds
										1 April	1February
								Support		2020to 31		2019to31
					Direct costs 6			costs 6	March 2021		March 2020f
	Cost of charitable		activities
	Events and exhibitions					156,546		9,048		165,594		223,858
	Total charitable
	expenditure				f	156,546 750548	f	9,048 000I	f	165,594 865N4	5	223,858 223058
	Comparative	costofchsntsble		activities
	Forthe period	from 1 February 2019to 31			March 2020
						Direct costs		costsf				Total 2020
	Cost ofcharitable
	activities
	Events and exhibitions					210,782		13076				223,858
	Total charitable
	expenditure					270782		73,070				223,858
						2'I0,782	5	t3 076			5	223,050

					Total		Total
					Funds		Funds
					1 April		1February
					2020to 31		2019to 31
				March 2021		March 2020f
Premises	and	office costs			4,232		2,568
Legal and	professional				1,260		6,906
Independent		Examination	Fee		1,?50		2,000
Independent		Examiner other fees					350
Other costs				f	1,806 8 048	f	2 204 13,076

DEBTORS
		31March	31March
		2021	2020
Due within one year
Accrued income		10,000
	0	40,000	N0

Comparative statement offunds			For the period	For the period	from 1 February 2019to 31	from 1 February 2019to 31	March	2020
						Transfers and
	Srought		Incoming		Resoumes	investment		Canted
	Forwardf		Resourcesf		Expended f	gains/(losses)		Forwardf
RESTRICTED FUNDS
Events and exhibitions			85,771	E	62,771 0277	~ENI	3,000 23,1
SUMMARY OF FUNDS
General Funds Restricted Funds 2	2,259 2250	5	175,011 65,771 240782	(161,087) ~62,77t ~6223050		E Nll	E	16,183 3,000 191!13

ANALYSIS	OF NET ASSETS BETWEEN F	UNDS	UNDS
		Unrestricted		Funds
		Designated		General		Restricted		Total
		Funds F		Funds f		Fundsf		Fundsf
Net current	assets			38,891		23,658		62,549
		Hll	E	38,891	E	23,858	E	82 549
Comparative	analysis ofnet assets between	funds
		tjnrestrtcted		Funds
		Designated		General		Restricted		Total
		Funds f		Funds f		Fundsf		Fundsf
Net current	assets			16,183		3,000		'/9, 183
		Nil	f	16,183	f	3,000	f	19,183

12 COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES	12 COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES	12 COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestncted		Restricted		Total
			Funds		Funds		Funds
			2020f		2020f		2020f
INCOME AND ENDOWMENTS		FROM:
Donations and	legacies				3,044		3,044
Charitable activities			175,000		62,727		237,727
Investments			11				11
TOTAL			175,011		65,771		240,782
EXPENDITURE ON:
Charitable activities			161,087		62,771		223,858
Net income			13,924		3,000		16,924
NET MOVEMENT	IN FUNDS		13,924		3,000		1S,924
TOTAL FUNDS AT	31 MARCH	2019	2,259				2,259
TOTAL FUNDS AT 31 MARCH		2020	16583	2	30M	8	t9.$83