2022-03-31-accounts

Contents
				Page
Company Information
Directors' Report
Accountants' Report
Income and Expenditure	Account
Balance Sheet				5—6
Notes to the Financial Statements				7-9
The following pages do	not form	part of the statutory	accounts:
Detailed Income and Expenditure		Account		10-11

Directors		Mr Richard Haffield
		Miss Anne Bennet
		Miss Susan Smith
		The Ropewalk (Barton) Ltd
		Mrs 3ane Tuplin
Secretary		Mr Richard Haffieid
Company	Number	03820744
Registered	Office	The Ropewalk
		Maltkiln Road
		Barton-upon-Humber
		South Humberside
		DN18 53T
Accountants		A. P. Robinson 8LCo
		Chartered Accountants
		26 Priestgate
		Barton Upon Humber
		North Lincolnshire
		DN18 SET

Directors
The directors who held office during the year were as follows:
Mr Richard Haffield
Miss Melissa Carne
Miss Anne Bennet
Miss Susan Smith	APPOINTED	12/04/2021
The Ropewaik (Barton) Ltd	APPOINTED	01/06/2021
Miss Sharon Hewitt	APPOINTED	12/04/2021	RESIGNED	15/02/2022
Mrs Iane Tuplin	APPOINTED	12/04/2021

			2022	2021
		Notes		F.
TURNOVER			400,804	63,705
Cost ofsales			(167,282)	(31,810)
GROSS SURPLUS			233,522	31,895
Administrative expenses			(368,653)	(439,966)
Other operating income			124,979	514,531
OPERATING (DEFICIT)/SURPLUS			(10,152)	106,460
Deficit on disposal of fixed assets			(17,241)
Other interest receivable	and similar income		8	11
Interest payable and similar charges			(1,513)	(3,466)
(DEFICIT)/SURPLUS	FOR THE FINANCIAL YEAR		(28,898)	103,005

				2022		2021
			Notes
FIXEDASSETS
Tangible Assets					42,281		459,722
					42,281		459,722
CURRENT ASSETS
Stocks				13,051		11,292
Debtors				11,912		56,959
Cash at bank and in hand				79,689		153,590
				104,652		221,841
Creditors: Amounts One Year	Falling Due Within			(83,632)		(136,675)
NET CURRENT ASSETS		(IIABILITIES)			21,020		85,166
TOTAL ASSETS LESSCURRENT LIABILITIES					63,301		544,888
Creditors: Amounts More Than One Year	Falling Due After				(38,433)		(491,122)
NET ASSETS					24,868		53,766
Income and Expenditure		Account			24,868		53,766
MEMBERS'FUNDS					24,868		53,766

their ex	pe	cted useful lives on the	following bases:
Freehold			2%%uo straight	line
Leasehold			20%%uo straight		line
Fixtures	6L	Fittings	15'k reducing		balance
Computer		Equipment	25'k straight		line

			Land 0
			Property
			Freehold	Fixtures e	Computer	Total
				Fittings	Equipment
				6	E
Cost
As at I April	2021		501,818	89,194	18,868	609,880
Additions				9,965	962	10,927
Disposais			(450,000)	(455)		(450,455)
As at 31 March 2022			51,818	98,704	19,830	170,352
Depreciation
As at 1 April	2021		81,068	52,270	16,820	150,158
Provided during		the period	3,750	6,437	940	11,127
Disposals			(33,000)	(214)		(33,214)
As at 31March 2022			51,818	58,493	17,760	128,071
Stet Book Value
As at 31 March 2022				40,211	2,070	42,281
As at I April 2021			420,750	36,924	2,048	459,722
4. Stocks
					2022	2021
						E
Stock					13,051	11,292
					13,051	11,292
5. Debtors
					2022	2021
					E	E
Due within one		year
Trade debtors					1,088
Prepayments	and	accrued income			7,732	6,256
Other debtors					1,544	48,049
intercompany	Account				1,548
VAT						2,654
					11,912	56,959

6. Credi	tors: Amount	s	Falling D	ue Within One Year
						2022	2021
						6	s
Trade creditors						25,869	32,685
Bank loans and overdrafts						9,208	16,275
Other taxes and social		security				2,671	3,426
VAT						25,487
Other creditors						2,766	1,918
Accruals	and deferred	income				17,631	20,996
Deferred	government	grants					60,237
Directors'	loan accounts						1,138
						83,632	136,675
7. Creditors: Amounts			Falling Due After More Than One		Year
						2022	2021
						6
Loans(Long term liabilities-creditors				& 1yr)		38,433	91,122
Accruals	and deferred	grants (Long		term liabilities - creditors	& 1year)		400,000
						38,433	491,122

											2022		2021
TURNOVER
Commissions earned			on	gallery			and other		consignment	sales		46,801	9,866
Shop sales												14,343	5,229
Picture Framing												193	135
Workshops													2,190
Tea Room												256,777	44,589
Sales-Tickets												62,915	1,313
Sales-bar												19,775	383
												400,804	63,705
COST OF SALES
Opening stock - materials											11,292		12,125
Shop purchases											5,660		4,464
Workshop materials		&fees											2,371
Tea Room expenses											88,617		14,632
Performers Fees											57,026		6,706
Purchases-bar											12,703		872
Performance expenses											5,035		1,932
Closing stock											(13,051)		(11,292)
												(167,282)	(31,810)
GROSS SURPLUS												233,522	31,895
GROSS PROFIT	MARGIN											58.26%	50.07%
Administrative	Expenses
Directors' salaries											65,570		72,274
Directors' NI											3,063		5,273
Directors' pension	-	defined			contdibution			schemes			1,433		2,474
Wages and salaries											187,767		228,506
Employers NI											6,525		6,450
Employers pensions		-	defined			contributions			scheme		3,153		4,306
Staff tialnlng											386
Rent											56,000
Rates and water											750		772
Light and heat											4,641		9,021
Premises insurance													6,839
Repairs, renewals	and		maintenance								12,650		46,087
Printing and stationery											1,497		701
Marketing & publicity											1,452		17,358
Telephone and postage											2,347		4,494
Accountancy fees											2,135		1,805
Professional fees													11,888
Bank charges											4,879		3,047
Depreciation offixtures and					fittings						6,437		5,599
Depreciation of computer				equipment							941		1,339
													...CONTINUED

Depreciation of freehold	land	and property	3,750		9,000
Sundry expenses			3,277		2,733
				(368,653)		(439,966)
Other Operating Income
Rents received			54,395		48,718
Grant support			10,000		111,949
Donations received					18,505
Membership income					2,221
Sundry receipts			271		2,813
)ob retention scheme income			20,076		168,580
Other coronavirus grant	income		40,237		161,745
				124,979		514,531
OPERATING (DEFICIT)/SURPLUS				(10,152)		106,460
Deficit on disposal oftangible		fixed assets	(17,241)
				(17,241)
Other interest receivable		and similar income
Bank interest receivable
Interest payable and	similar expenses
Bank interest payable					73
Bank loan interest			1,513		3,393
				(1,513)		(3,466)
(DEFICIT)/SURPLUS	FOR	THE FINANCIAL YEAR		(28,898)		103,005