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|||Page|
|---|---|---|
|Trustees'
report||1-6|
|Independent
examiner's|report||
|Statement offinancial activities|||
|Balance sheet|||
|Statement ofcash flows||10|
|Notes to the financial statements||11-18|
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
|||Notes|2021|2021
f.|2021|2020f|2020|2020|
|Ig~~fm:
Charitable
activities||3|67,322|75,751|143,073|65,029||65,029|
|Expenditure
on.|||||||||
|Charitable
activities||4|47,134|20,692|67,826|64,984|21,214|86,198|
|Net income/(expenditure)|||||||||
|forthe year/|||||||||
|Net movement|in funds||20,188|55,059|75,247|45|(21,214)|(21,169)|
|Fund balances|at 1||||||||
|Apdil 2020||||449,613|449,613|(45)|470,827|470,782|
|Fund balances|at 31||||||||
|March 2021|||20,188|504,672|524,860||449,613|449,613|
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|||||2021||2020||
|---|---|---|---|---|---|---|---|
||||Notes|6||6||
|Fixed assets||||||||
|Tangible assets|||||448,408||423,850|
|Current assets||||||||
|Debtors||||17,406||12,084||
|Cash at bank and|in|hand||100,946||28,340||
|||||118,352||40,424||
|Creditors: amounts||falling due within||||||
|one year|||10|(41,900)||(14,661)||
|Net current assets|||||76,452||25,763|
|Total assets less|current liabilities||||524,860||449,613|
|Income funds||||||||
|Restricted funds|||||504,672||449,613|
|Unrestricted
funds|||||20,188|||
||||||524,860||449,613|
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||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Notes|f||E||
|Cash flows from operating|||activities||||||
|Cash generated||from operations||13||117,856||125|
|Investing|activities||||||||
|Purchase|oftangible fixed assets||||(45,250)||||
|Net cash|used|in investing|activities|||(45,250)|||
|Net cash|used|in financing|activities||||||
|Net increase
in||cash and cash equivalents||||72,606||125|
|Cash and|cash|equivalents|at beginning|ofyear||28,340||28,215|
|Cash and|cash|equivalents|at end of|year||100,946||28,340|
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|||||||Charitable|Charitable|
|---|---|---|---|---|---|---|---|
|||||||Income|Income|
|||||||2021|2020|
|||||||6|6|
|Grants||||||75,751|4,167|
|Rental income||||||67,322|60,812|
|Other income|||||||50|
|||||||143,073|65,029|
|Analysis|by fund|||||||
|Unrestricted||funds||||67,322|65,029|
|Restricted funds||||||75,751||
|||||||143,073|65,029|
|Grants||||||||
|Cumbria|County Council|||||32,000||
|Sir John|Fisher Foundation|||||18,500||
|Francis|CScott Charitable|||Trust||10,000||
|The National||Lottery Heritage|||Fund|9,745||
|The Hadfield||Charitable|Trust|||3,506||
|The Rank Foundation||||||2,000||
|Other|||||||4,167|
|||||||75,751|4,167|
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|||||2021|2020|
|---|---|---|---|---|---|
|||||6||
|Water rates||||643|846|
|Cleaning||||866|3,365|
|Light and heat||||10,357|13,473|
|Repairs and maintenance||||14,338|8,823|
|Computer
running|costs|||240|135|
|Dues and subscriptions||||140|70|
|Professional fees||||8,877|10,916|
|Facilities management|||fees|4,600|6,367|
|Book-keeping fees||||2,020|1,863|
|Bank charges||||81|71|
|Insurance||||820|1,627|
|Advertising|||||7,455|
|Telephone||||543|424|
|Sundry expenses||||1,399|8,693|
|Travelling
expenses||||517||
|||||45,441|64,128|
|Share of support costs|||(see note 5)|20,692|20,772|
|Share ofgovernance||costs (see note 5)||1,693|1,298|
|||||67,826|86,198|
|Analysis
by fund||||||
|Unrestricted
funds||||47,134|64,984|
|Restricted funds||||20,692|21,214|
|||||67,826|86,198|
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|Support|costs|||||||
|---|---|---|---|---|---|---|---|
|||Support|Governance|2021|Support|Governance|2020|
|||costs|costs||costs|costs||
|||5|5||6|5|6|
|Depreciation||20,692||20,692|20,772||20,772|
|Accountancy|||1,307|1,307||1,287|1,287|
|Corporation
tax|||386|386||11|11|
|||20,692|1,693|22,385|20,772|1,298|22,070|
|Analysed|between|||||||
|Charitable|activities|20,692|1,693|22,385|20,772|1,298|22,070|
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|The average
monthly
number
ofemployees|during the year was:||
|---|---|---|
||2021|2020|
||Number|Number|
|Total|||
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|Tangible fixed asset|s|||
|---|---|---|---|
|||Improvements|to propertyf|
|Cost||||
|At 1 April 2020|||620,754|
|Additions|||45,250|
|At 31 March 2021|||666,004|
|Depreciation
and impairment||||
|At 1 April 2020|||196,904|
|Depreciation
charged|in the year||20,692|
|At 31 March 2021|||217,596|
|Carrying
amount||||
|At 31 March 2021|||448,408|
|At 31 March 2020|||423,850|
|Debtors||||
|||2021|2020|
|Amounts
falling due|within one year:||8|
|Trade debtors||9,444|2,339|
|Other debtors||1,608|1,245|
|Prepayments
and accrued income||6,354|8,500|
|||17,406|12,084|
|Creditors: amounts|falling due within one year|||
|||2021|2020|
|||8||
|Corporation
tax payable||397||
|Other creditors||16,423||
|Accruals and deferred|income|25,080|14,650|
|||41,900|14,661|
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|11|Analysis of|net assets|between|funds||||||
|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted||Restricted|Total|Unrestricted|Restricted|Total|
|||||funds|funds||funds|funds||
|||||2021|2021|2021|2020|2020|2020|
|||||||6|f||f|
||Fund balances at 31|||||||||
||March 2021|are||||||||
||represented|by:||||||||
||Tangible assets||||448,408|448,408||423,850|423,850|
||Current assets/|||||||||
||(liabilities)||20,188||56,264|76,452||25,763|25,763|
||||20,188||504,672|524,860||449,613|449,613|
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|12|Related party transactions|Related party transactions||||||
|---|---|---|---|---|---|---|---|
||Signal
Film & Media
Limited
is a charitable||company||under the control of the trustees of Creative Studios|||
||Cumbria
Limited.
During
the year the|charity||received||rent of f9,006 (2020 - F7,360) from,|and
paid|
||expenses ofF8,200 (2020 - 613,880)to,|Signal||Film 8 Media Limited.||||
|13|Cash generated
from operations|||||2021|2020f|
||Surplus/(deficit)
for the year|||||75,247|(21,169)|
||Adjustments
for:|||||||
||Depreciation
and impairment
oftangible|fixed assets||||20,692|20,772|
||Movements
in working capital:|||||||
||(Increase)
in debtors|||||(5,322)|(12,084)|
||Increase
in creditors|||||27,239|12,606|
||Cash generated
from operations|||||117,856|125|
|14|Analysis ofchanges
in net funds|||||||
||The charity had no debt during the year.|||||||
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