##
|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|