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2021-07-19-accounts

CHARITY COMMISSION Trustees, Annual Report fof the period urJllEFJU . Section A Relerence and administralion detai15 Charity nane FRIQHTsfAe¥s ARTS HSALIH cio Othw narnes the tharity is known by Registered (harily number lif ￿v> rJuEJUE chaiily's principal althess Postcode Names of the charity trustee5 who manage the chaiity Name of person (or body) entitled to appolnt twstee {il any> Offi￿ any) Date5 arted If fftot hr whole ye Irustse Name riE hJ¥tCrEwr JfE¥JE Pilp SLA2(4rvfvE FLLIO r IOE fvJIX o ADAM A IN1£￿0£r11 CAAI c£f 10 12 13 14 15 16 17 18 19 20 Narne5 of the irusiees lor the charity. it aty Ilor example. any custodian trustees) Name Oates arted If not fw wholt year TAR 2012

Section A Releience and adrninistralion detai15 (continued) Name5 And addresse5 of advisers lo Type ot ad¥se itTrl(Mmationl ame Addiess 18z6o Name ol c￿1 execulive or names ol Sen1￿ 51aFI mem￿r5 (optiond rnl(Kmaiionl Section B Structure, governance and management Desiwiption ol ihe charity s Iiusis lype ol governing documenl leg tiusl dped. con51iitjiion H¢)w Ihe chawity is consliiuled leg iru5t. associat￿n. iompany) fou•JDrt-Ti o)Ni Truslee seleilion mellv)ds leg app￿"￿ted hy. eletfed by) Additional goveinance is5￿ loptional inl(Mmation You may thoose 10 include addit￿nal Inloitnoiton. wheie ielevani. aboul. policies pvotedvies adopied loi ihe iftduilion ènd Iiainiftg ol tiU5tees," the chafily'5 OFganIsal￿a stl¢J(l￿e aThl wider ftelwork wilh which Ihe chairty woik relaiion5hip with any relaied partie& tIlJSlees' ionside(aiioo ol Ma1￿ iisks and ihe system afid pi(Kpdure5 10 fflanage t￿m. A GOOAMITrFF OF ME•VTrL rtErtLI }( ÉeRvtr6£ LLEE ￿s h4E>TS rb PiSLUbS oeElFfioNtL &55uEs * DEvELpe•uÉMS + FEFOS IAJTV TtrE goftLD OF f%th5 feES IS sufro£T60 LLlclSTÉL%HIII oppeiEYJ 64 TrIE frrtTS rtFIpLftl Loo￿1￿jAT>tJ DÉ OF 6ItsrfTSPrtIKS Rrtrs ifvj HEALTM CIV. Tv rmf ¢AIAiry ifv Itd KIVIS sPS4 i•trL i¢r ADv.If££ ft5 Trti* AIYY TAR Marth 2012

Se(tion C Objeitives and activities SurnM￿Y ol the obiecis ol ihe tharily Sel oul 115 goveining docuinenl lo PAoi Écf i PROMO T E Lr)ob ttSnLTH ¢•VO1TiO￿￿. & &V 1 iLUL-•7rt 7Trt£ Summary ol the rnain aclNlties undertaken lo¥ the public benelit in rdation lo these objects linclude wilhin this seclion the slaluloiy declarolion that liUStee5 had iegafd lo Ihe guidance issued by Ihe Chaiiiy Commission on public beoelii} f£Ov,S IDAJ OF /trtr5 6rt5E47 u￿A￿s￿¥eS Plo JEcrs L40L-ILbl iithJ& Sxkn6iTI)•klS Additional details of otyeclives and acti￿lIeS (Opi￿￿& inlorm&iioTr) You rnay clwist to inckKle luilher staiefflenis. wheie relevant, about.. . poh.cy oll ￿a￿lMakin . policy programme idated ifftieslmen(. ' contiibution made lry Volunte￿5. Section D Achievements and perfoimanie Summaiy ol Ihe main a(h￿emenTS ol Ihe I￿ritY durirty Ihc year tsmo i f A Ar OG tr IUE rfe O.. %Itt+￿6￿$I￿￿ 6￿£￿rivI¥ of ?00 PeveL )L4rr?ArLo 6Y rtfty£s <KrtrtiTV irtÉ LotyMEO q rt&qLLLx T}rtI￿￿L+ WÉ Fxi4 W￿￿1(&￿VIS Q 6q T7tE /rtDortJllL L•rTG£y LorttM4wiIV Pupj SOUNOS INCtsu5iv£ floJecr 18tstsiSitx4 OF 1rt8L6TS * TAfiifvibVLr fo rÈ¢WFf L OL4 O•V k ifv e ofrpeLI ItIDLL(rltt)k 7 TH É Lo￿￿ Oob TAR

5eilion E Financial ieview eiiel siaiefflenl ol the chaiily 5 poliiy on ie5ei¥ps lesEAvES ￿$60 ££tr￿ i roF H4ir¥ 8fV£Fi¢irtRI£- fvl Crviootf PA0￿1&10￿ o F Acri vify Ae Dei&ls of any lunds maleFiaUy in defKN ér h PPLi¢A•&E Fuiihei fiTran(wl ievrew delails {OPlityTral inlormation) You may thoost to Include addilional Inlormaiioll, where refevani. aboul.. Ihe rha¥ity'S Principal s￿[ce5 01 lu {Including any luTrdraisingl.. . how expendrture has SUPPryled key obJe(ti¥e5 01 Ihe Ihaiily. ifiveslfflenl polKy and objoctivcs Inc1L￿lng any elhical invesimEni pthy aw. AApn MA 3ou£LE OF PAérfvEIi SHIP FHwtsIwtr * l N KI￿0 Sk4fPolr OF4E IS hPOITIQUAts irs .$￿¢￿tr ts P￿ff z PACK Fp é IKEM&MÉ3iqLsI 2v$rtJi S e.& A rtrfLfs Y S i OP F•vO IViOty4AL Fv￿￿tell/s L 364PPp¢TS kEY 0OJfLiiveS OF Qttft 0TrFErtl￿a o QEp7nv& Aaivi74 PeopL£ u1￿￿ wiTrf NFVTnL- ¢&yOiTigNS Section F Other optional inlormation Section G De(laiation Ilie IIu51ces (leclartr Ihal Ilii'y IidYL JppioveJ Ihc Iiuslees. ii'poi4 dbo¥e 5tgned on behalf ol the Ihariiy's trustees gna￿le(sI Full name(s) J¥ P05itioTr leg Secrelaiy, cham. etc) Date TAR Maith 2012

BrightSparks Arts in Mental Health

Charity No. 1190327

Company No.

Trustees' Report and Unaudited Accounts

19 July 2021

BrightSparks Arts in Mental Health Contents

Pages
Trustees' Annual Report 2
Independent Examiner's Report 4
Statement of Financial Activities 5
Summary Income and Expenditure Account 6
Balance Sheet 7
Notes to the Accounts 8
Detailed Statement of Financial Activities 14 to 15

Page 1

BrightSparks Arts in Mental Health Trustees Annual Report

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 19 July 2021.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No.

Charity No. 1190327

Principal Office

Leicestershire Partnership Trust Suite P1 Bridge Park Road Thurmaston Leicester LE4 8PQ

Registered Office

Leicestershire Partnership Suite P1 Bridge Park Road Thurmaston LE4 8PQ

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

A. Ainsworth

S. Dyer G. McFarland J. Nixon M. Nugent

Accountants

Pro Active Accounting Forester Building 29-35 St Nicholas Place Leicester LE1 4LD

OBJECTIVES AND ACTIVITIES

To protect and promote good health among people experiencing mental health conditions., in particular through the provision of arts based activities.

Provision of arts based workshops, project, publications, exhibitions and events

ACHIEVEMENTS AND PERFORMANCE

Page 2

BrightSparks Arts in Mental Health Trustees Annual Report

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

J. Nixon Trustee

16 November 2021

Page 3

BrightSparks Arts in Mental Health Independent Examiners Report

Independent Examiner's Report to the trustees of BrightSparks Arts in Mental Health

I report to the charity trustees on my examination of the accounts of BrightSparks Arts in Mental Health for the year ended 19 July 2021 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.

Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mahmood Reza Chartered Association of Chartered Certified Accountants

Pro Active Accounting Forester Building 29-35 St Nicholas Place Leicester

LE1 4LD

16 November 2021

Page 4

BrightSparks Arts in Mental Health Statement of Financial Activities

for the year ended 19 July 2021

Notes
Income and endowments
from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Total
Expenditure on:
Raising funds
6
Charitable activities
7
Other
8
Total
Net gains on investments
Net income
Transfers between funds
Net income before other
gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricte
d funds
2021
£
35,460
2,990
1,500		 Restricted
funds
2021
£
242
33,582
-		 Total funds
2021
£
35,702
36,572
1,500
39,950
219
33,878
9,575		 33,824
594
18,988
20		 73,774
813
52,866
9,595
43,672
-		 19,602
-		 63,274
-
(3,722)
-		 14,222
-		 10,500
-
(3,722) 14,222 10,500
(3,722)
90,253		 14,222
13,418		 10,500
103,671
86,531 27,640 114,171

Page 5

BrightSparks Arts in Mental Health Summary Income and Expenditure Account

for the year ended 19 July 2021

Income
Gross income for the year
Expenditure
Total expenditure for the year
Net income before tax for the year
Net income for the year		 2021
£
73,774
73,774
63,274
63,274
10,500
10,500

Page 6

BrightSparks Arts in Mental Health Balance Sheet

at 19 July 2021

at 19 July 2021
Company No. Notes 2021
£
Current assets
Cash at bank and in hand 114,781
114,781
Net current assets 114,781
Total assets less current liabilities 114,781
Creditors:Amounts falling due after more than one year 10 (610)
Net assets excluding pension asset or liability 114,171
Total net assets 114,171
The funds of the charity
Restricted funds 11
Restricted income funds 27,640
27,640
Unrestricted funds 11
General funds 86,531
86,531
Reserves 11
Total funds 114,171

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 19 July 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 16 November 2021

And signed on its behalf by:

J. Nixon Trustee 16 November 2021

Page 7

BrightSparks Arts in Mental Health Notes to the Accounts

for the year ended 19 July 2021

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 8

BrightSparks Arts in Mental Health Notes to the Accounts

Expenditure

Taxation

The charity is exempt from corporation tax on its charitable activities.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

Page 9

BrightSparks Arts in Mental Health Notes to the Accounts

3 Income from donations and legacies

Donations
4
Income from charitable activities
Development & Fundraising
5
Income from other trading activities
6
Expenditure on raising funds
Costs of generating voluntary
income
Donations
7
Expenditure on charitable activities
Expenditure on charitable
activities
Development & Fundraising
Project & Workshop Delivery
Governance costs		 Unrestricted
£
35,460
35,460
Unrestricted
£
2,990
2,990
Unrestricted
£
219
219
Unrestricted
£
2,320
31,558
33,878		 Restricted
£
242
242
Restricted
£
33,582
33,582
Unrestricted
£
1,500
1,500
Restricted
£
594
594
Restricted
£
5,048
13,940
18,988		 Total
2021
£
35,702
35,702
Total
2021
£
36,572
36,572
Total
2021
£
1,500
1,500
Total
2021
£
813
813
Total
2021
£
7,368
45,498
52,866

Page 10

BrightSparks Arts in Mental Health Notes to the Accounts

8 Other expenditure

Other expenditure
General administrative costs
Legal and professional costs		 Unrestricted
£
8,785
790
9,575		 Restricted
£
20
-
20		 Total
2021
£
8,805
790
9,595

9 Staff costs

No employee received emoluments in excess of £60,000.

10 Creditors:

Creditors:
amounts falling due after more than one year
Accruals and deferred income		 2021
£
610
610

Page 11

BrightSparks Arts in Mental Health Notes to the Accounts

11 Movement in funds

Endowment funds:
Restricted funds:
Baring Foundation
BrightSparks on-Line
Green Room Gardeners
House of Circus
Pictures and Frames
Smoothie
Sounds Inclusive
U Matter
Funds < £1,100
Total
Unrestricted funds:
General funds
Revaluation Reserves:
Total funds		 At 20 July
2020
-
-
1,111
1,223
3,914
2,013
2,836
-
2,321
13,418
90,253
103,671		 Incoming
resources
(including
other
gains/losses
)
£
12,000
12,282
1,000
30
-
30
30
8,300
152
33,824
39,950
73,774		 Resources
expended
£
(8,725)
(5,809)
(100)
-
(38)
-
-
(4,900)
(30)
(19,602)
(43,672)
(63,274)		 At 19 July
2021
£
3,275
6,473
2,011
1,253
3,876
2,043
2,866
3,400
2,443
27,640
86,531
114,171

Purposes and restrictions in relation to the funds: Restricted funds: Baring Foundation BrightSparks on-Line Green Room Gardeners House of Circus Pictures and Frames Smoothie Sounds Inclusive U Matter Funds < £1,100

Page 12

BrightSparks Arts in Mental Health Notes to the Accounts

12 Analysis of net assets between funds

Analysis of net assets between funds
Net current assets
Creditors due in more than one year and
provisions
Reconciliation of net debt
Cash and cash equivalents
Net debt		 Unrestricted
funds
£
114,781
(610)
114,171
Cash flows
£		 Total
£
114,781
(610)
114,171
At 19 July
2021
£
114,781 114,781
114,781
114,781		 114,781
114,781

13 Reconciliation of net debt

14 Related party disclosures

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 13

BrightSparks Arts in Mental Health Detailed Statement of Financial Activities

for the year ended 19 July 2021

Income and endowments from:
Donations and legacies
Donations
Charitable activities
Development & Fundraising
Other trading activities
Total income and endowments
Expenditure on:
Costs of generating donations and
legacies
Donations
Total of expenditure on raising
funds
Charitable activities
Development & Fundraising
Project & Workshop Delivery
Total of expenditure on charitable
activities
General administrative costs,
including depreciation and
amortisation
Information and publications
Software, IT support and related
costs
Stationery and printing
Sundry expenses
Legal and professional costs
Audit/Independent examination
fees
Accountancy and bookkeeping
Total of expenditure of other costs		 Unrestricte
d funds
2021
£
35,460
35,460
2,990
2,990
1,500
1,500
39,950
219
219
219
2,320
31,558
33,878
33,878
1,420
75
102
7,188
8,785
610
180
790
9,575		 Restricted
funds
2021
£
242
242
33,582
33,582
-
-
33,824
594
594
594
5,048
13,940
18,988
18,988
-
-
-
20
20
-
-
-
20		 Total funds
2021
£
35,702
35,702
36,572
36,572
1,500
1,500
73,774
813
813
813
7,368
45,498
52,866
52,866
1,420
75
102
7,208
8,805
610
180
790
9,595

Page 14

BrightSparks Arts in Mental Health Detailed Statement of Financial Activities

BrightSparks Arts in Mental Health
Detailed Statement of Financial Activities
Total expenditure
Net gains on investments
Net income
Net income before other
gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 43,672
-
(3,722)
(3,722)
-
(3,722)
90,253
86,531		 19,602
-
14,222
14,222
-
14,222
13,418
27,640		 63,274
-
10,500
10,500
-
10,500
103,671
114,171

Page 15

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sallie varnam's e-mail address is: varnamsallie@gmail.com.

BrightSparks Arts in Mental Health

Charity No. 1190327

Company No.

Trustees' Report and Unaudited Accounts

19 July 2021

BrightSparks Arts in Mental Health Contents

Pages
Trustees' Annual Report 2
Independent Examiner's Report 4
Statement of Financial Activities 5
Summary Income and Expenditure Account 6
Balance Sheet 7
Notes to the Accounts 8
Detailed Statement of Financial Activities 14 to 15

Page 1

BrightSparks Arts in Mental Health Trustees Annual Report

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 19 July 2021.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No.

Charity No. 1190327

Principal Office

Leicestershire Partnership Trust Suite P1 Bridge Park Road Thurmaston Leicester LE4 8PQ

Registered Office

Leicestershire Partnership Suite P1 Bridge Park Road Thurmaston LE4 8PQ

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

A. Ainsworth

S. Dyek S. Elliott M. Fattorini (Resigned 21 September 2021) G. McFarland J. Nixon M. Nugent L. Philips

Accountants

Pro Active Accounting Forester Building 29-35 St Nicholas Place Leicester LE1 4LD

OBJECTIVES AND ACTIVITIES

To protect and promote good health among people experiencing mental health conditions., in particular through the provision of arts based activities.

Page 2

BrightSparks Arts in Mental Health Trustees Annual Report

Provision of arts based workshops, project, publications, exhibitions and events

ACHIEVEMENTS AND PERFORMANCE

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

J. Nixon Trustee 16 November 2021

Page 3

BrightSparks Arts in Mental Health Independent Examiners Report

Independent Examiner's Report to the trustees of BrightSparks Arts in Mental Health

I report to the charity trustees on my examination of the accounts of BrightSparks Arts in Mental Health for the year ended 19 July 2021 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.

Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mahmood Reza Chartered Association of Chartered Certified Accountants

Pro Active Accounting Forester Building 29-35 St Nicholas Place Leicester

LE1 4LD

16 November 2021

Page 4

BrightSparks Arts in Mental Health Statement of Financial Activities

for the year ended 19 July 2021

Notes
Income and endowments
from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Total
Expenditure on:
Raising funds
6
Charitable activities
7
Other
8
Total
Net gains on investments
Net income
Transfers between funds
Net income before other
gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricte
d funds
2021
£
35,460
2,990
1,500		 Restricted
funds
2021
£
242
33,582
-		 Total funds
2021
£
35,702
36,572
1,500
39,950
219
33,878
9,575		 33,824
594
18,988
20		 73,774
813
52,866
9,595
43,672
-		 19,602
-		 63,274
-
(3,722)
-		 14,222
-		 10,500
-
(3,722) 14,222 10,500
(3,722)
90,253		 14,222
13,418		 10,500
103,671
86,531 27,640 114,171

Page 5

BrightSparks Arts in Mental Health Summary Income and Expenditure Account

for the year ended 19 July 2021

Income
Gross income for the year
Expenditure
Total expenditure for the year
Net income before tax for the year
Net income for the year		 2021
£
73,774
73,774
63,274
63,274
10,500
10,500

Page 6

BrightSparks Arts in Mental Health Balance Sheet

at 19 July 2021

at 19 July 2021
Company No. Notes 2021
£
Current assets
Cash at bank and in hand 114,781
114,781
Net current assets 114,781
Total assets less current liabilities 114,781
Creditors:Amounts falling due after more than one year 10 (610)
Net assets excluding pension asset or liability 114,171
Total net assets 114,171
The funds of the charity
Restricted funds 11
Restricted income funds 27,640
27,640
Unrestricted funds 11
General funds 86,531
86,531
Reserves 11
Total funds 114,171

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 19 July 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 16 November 2021

And signed on its behalf by:

J. Nixon Trustee 16 November 2021

Page 7

BrightSparks Arts in Mental Health Notes to the Accounts

for the year ended 19 July 2021

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 8

BrightSparks Arts in Mental Health Notes to the Accounts

Expenditure

Taxation

The charity is exempt from corporation tax on its charitable activities.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

Page 9

BrightSparks Arts in Mental Health Notes to the Accounts

3 Income from donations and legacies

Donations
4
Income from charitable activities
Development & Fundraising
5
Income from other trading activities
6
Expenditure on raising funds
Costs of generating voluntary
income
Donations
7
Expenditure on charitable activities
Expenditure on charitable
activities
Development & Fundraising
Project & Workshop Delivery
Governance costs		 Unrestricted
£
35,460
35,460
Unrestricted
£
2,990
2,990
Unrestricted
£
219
219
Unrestricted
£
2,320
31,558
33,878		 Restricted
£
242
242
Restricted
£
33,582
33,582
Unrestricted
£
1,500
1,500
Restricted
£
594
594
Restricted
£
5,048
13,940
18,988		 Total
2021
£
35,702
35,702
Total
2021
£
36,572
36,572
Total
2021
£
1,500
1,500
Total
2021
£
813
813
Total
2021
£
7,368
45,498
52,866

Page 10

BrightSparks Arts in Mental Health Notes to the Accounts

8 Other expenditure

Other expenditure
General administrative costs
Legal and professional costs		 Unrestricted
£
8,785
790
9,575		 Restricted
£
20
-
20		 Total
2021
£
8,805
790
9,595

9 Staff costs

No employee received emoluments in excess of £60,000.

10 Creditors:

Creditors:
amounts falling due after more than one year
Accruals and deferred income		 2021
£
610
610

Page 11

BrightSparks Arts in Mental Health Notes to the Accounts

11 Movement in funds

Endowment funds:
Restricted funds:
Baring Foundation
BrightSparks on-Line
Green Room Gardeners
House of Circus
Pictures and Frames
Smoothie
Sounds Inclusive
U Matter
Funds < £1,100
Total
Unrestricted funds:
General funds
Revaluation Reserves:
Total funds		 At 20 July
2020
-
-
1,111
1,223
3,914
2,013
2,836
-
2,321
13,418
90,253
103,671		 Incoming
resources
(including
other
gains/losses
)
£
12,000
12,282
1,000
30
-
30
30
8,300
152
33,824
39,950
73,774		 Resources
expended
£
(8,725)
(5,809)
(100)
-
(38)
-
-
(4,900)
(30)
(19,602)
(43,672)
(63,274)		 At 19 July
2021
£
3,275
6,473
2,011
1,253
3,876
2,043
2,866
3,400
2,443
27,640
86,531
114,171

Purposes and restrictions in relation to the funds: Restricted funds: Baring Foundation BrightSparks on-Line Green Room Gardeners House of Circus Pictures and Frames Smoothie Sounds Inclusive U Matter Funds < £1,100

Page 12

BrightSparks Arts in Mental Health Notes to the Accounts

12 Analysis of net assets between funds

Analysis of net assets between funds
Net current assets
Creditors due in more than one year and
provisions
Reconciliation of net debt
Cash and cash equivalents
Net debt		 Unrestricted
funds
£
114,781
(610)
114,171
Cash flows
£		 Total
£
114,781
(610)
114,171
At 19 July
2021
£
114,781 114,781
114,781
114,781		 114,781
114,781

13 Reconciliation of net debt

14 Related party disclosures

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 13

BrightSparks Arts in Mental Health Detailed Statement of Financial Activities

for the year ended 19 July 2021

Income and endowments from:
Donations and legacies
Donations
Charitable activities
Development & Fundraising
Other trading activities
Total income and endowments
Expenditure on:
Costs of generating donations and
legacies
Donations
Total of expenditure on raising
funds
Charitable activities
Development & Fundraising
Project & Workshop Delivery
Total of expenditure on charitable
activities
General administrative costs,
including depreciation and
amortisation
Information and publications
Software, IT support and related
costs
Stationery and printing
Sundry expenses
Legal and professional costs
Audit/Independent examination
fees
Accountancy and bookkeeping
Total of expenditure of other costs		 Unrestricte
d funds
2021
£
35,460
35,460
2,990
2,990
1,500
1,500
39,950
219
219
219
2,320
31,558
33,878
33,878
1,420
75
102
7,188
8,785
610
180
790
9,575		 Restricted
funds
2021
£
242
242
33,582
33,582
-
-
33,824
594
594
594
5,048
13,940
18,988
18,988
-
-
-
20
20
-
-
-
20		 Total funds
2021
£
35,702
35,702
36,572
36,572
1,500
1,500
73,774
813
813
813
7,368
45,498
52,866
52,866
1,420
75
102
7,208
8,805
610
180
790
9,595

Page 14

BrightSparks Arts in Mental Health Detailed Statement of Financial Activities

BrightSparks Arts in Mental Health
Detailed Statement of Financial Activities
Total expenditure
Net gains on investments
Net income
Net income before other
gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 43,672
-
(3,722)
(3,722)
-
(3,722)
90,253
86,531		 19,602
-
14,222
14,222
-
14,222
13,418
27,640		 63,274
-
10,500
10,500
-
10,500
103,671
114,171

Page 15