| Solihull Society ofArts | Page 4 | ||
|---|---|---|---|
| Statement ofFinancial Activities | |||
| forthe Year to 31August 2020 | |||
| Year to | Year to | ||
| Notes | 31/8/2020 | 31/8/2019 | |
| Unre- | |||
| stricted | Unrestricted | ||
| Funds | Funds | ||
| 8 | |||
| INCONIING RESOURCES | |||
| Incoming Resources from Generated | |||
| Funds | |||
| Voluntary Income |
1,396 | 1,839 | |
| investment Income Incoming Resources from Charitable Ac- |
3,939 | 6,308 | |
| tivities | |||
| Furtherance ofthe Arts |
32,228 | 57,883 | |
| Otherlncoming Resources |
268 | 1,031 | |
| Total Incoming Resources | 37331 | 67661 | |
| RESOURCES EXPENDED | |||
| Charitable Activities |
|||
| Furtherance ofthe Arts |
36,329 | 54,996 | |
| Governance Costs |
|||
| Total Resources Expended | 36326 | 66996 | |
| NET INCOMING RESOURCES | 1,502 | 12,065 | |
| RECONCILIATION OF FUNDS | |||
| Total Funds Brought Forward | 123,968 | 111,903 | |
| TOTAL FUNDS CARRIED FORWARD | 126676 | 123666 |
| 31/8/2020 | 31/8/2019 | ||||
|---|---|---|---|---|---|
| Unre- | Unrs- | ||||
| Funds | Funds | ||||
| Current Assets | |||||
| Debtors | 15,951 | 16,857 | |||
| Cash at Bank and in | hand | 110299 | 107,194 | ||
| 126,250 | 124,051 | ||||
| Creditors: | amounts | falling due within one | |||
| year | |||||
| Net Currant | Assets | 125,470 | 123,968 | ||
| 125470 | 123955 | ||||
| Funds | |||||
| Unrestricted | Funds | 125,470 | 123,968 | ||
| Shareholders' | Funds | 125,470 | 123,968 |
| 3.Trustees' | Remuneration | Remuneration | Remuneration | Remuneration | and | |||
|---|---|---|---|---|---|---|---|---|
| No remuneration | or other benefits were paid to Trustees | in the Year | ||||||
| Expenses of | RO (2019f161)were refunded | |||||||
| 4.Debtors | ||||||||
| 2020 | 2019 | |||||||
| Other Debtors | 15,951 | 16,857 | ||||||
| 5.Creditors: | amounts | falling due | ||||||
| 2020 | 2019 | |||||||
| Other Creditors | 780 | 83 | ||||||
| 6.Movements | in | Funds | ||||||
| At | Re- | At | ||||||
| 31/8/19 | incoming | sources | 31/8/20 | |||||
| Re- | ||||||||
| sources | Expended | |||||||
| Unrestricted | Funds | |||||||
| Generai Fund | 74,271 | 5,084 | 1,091 | 78,264 | ||||
| Art Section | 5,783 | 2,295 | 2,403 | 5,675 | ||||
| Drama Section | 2,235 | 8,542 | 10,392 | 385 | ||||
| Local History Section | 2,551 | 1,038 | 743 | 2,846 | ||||
| Recorded Music | Circle | 1,151 | 515 | 484 | 1,182 | |||
| Soiihull on Stage | 27,077 | 4,316 | 6,659 | 24,734 | ||||
| SOSage Factory | 10,900 | 16,041 | 14,557 | 12,384 | ||||
| Total Funds | 123,968 | 37,831 | 36,329 | 125,470 |