| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 5 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 8 | to | 9 |
| Notes to the Financial Statements | 10 | to | 15 |
| forthe Year E | nded 31March 20 | 21 | ||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
9,761 | 13,206 | 22,967 | 51,666 | ||
| Charitable activities |
||||||
| Gallery activities | 103,453 | 103,453 | 84,330 | |||
| Investment income |
16 | 16 | 45 | |||
| Total | 113,230 | 13,206 | 126,436 | 136,041 | ||
| EXPENDITUREON | ||||||
| Charitable activities |
||||||
| Gallery activities | 101,748 | 21,897 | 123,645 | 128,249 | ||
| NET INCOME/(EXPENDITURE) | 11,482 | (8,691) | 2,791 | 7,792 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 185,354 | 13,427 | 198,781 | 190,989 | ||
| TOTAL FUNDS CARRIED FORWARD | 196,836 | 4,736 | 201,572 | 19I!.781 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | 6 | ||||
| FIXEDASSETS | |||||
| Tangible assets | 76,463 | 76,463 | 86,502 | ||
| CURRENT ASSETS | |||||
| Debtors | 2,170 | 2,170 | 3,984 | ||
| Cash at bank and in hand | 127,683 | 4,735 | 132,418 | 120,410 | |
| 129,853 | 4,735 | 134,588 | 124,394 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
9 | (9,479) | (9,479) | (12,115) | |
| NET CURRENT ASSETS | 120,374 | 4,735 | 125,109 | 112,279 | |
| TOTAL ASSETSLESSCURRENT | LIABILITIES | 196,837 | 4,735 | 201,572 | 198,781 |
| NET ASSETS | 196,837 | 4,735 | 201,572 | 198,781 | |
| FUNDS | 10 | ||||
| Unrestricted funds |
196,837 | 185,354 | |||
| Restricted funds | 4,735 | 13,427 | |||
| TOTAL FUNDS | 201,572 | 198,781 |
| 2021 | 2020 | ||
|---|---|---|---|
| Interest receivable | 16 | 45 | |
| NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) | is stated atter charging/(crediting): | ||
| 2021 g |
2020f | ||
| Depreciation - owned assets |
10,039 | 10,222 |
| The averag | e monthly number ofem |
ployees during the year was as f |
ollows: | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Management and administration |
4 | 4 | |||
| No employees received emoluments |
in excess of$60,000. | ||||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | ||||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| INCOME | AND ENDOWMENTS | FROM | |||
| Donations | and legacies | 17,233 | 34,433 | 51,666 | |
| Charitable | activities | ||||
| Gallery activities | 84,330 | 84,330 | |||
| investment | income | 45 | 45 | ||
| Total | 101,608 | 34,433 | 136,041 |
| forthe | forthe | Year Ended 31Mar | ch 2021 | |||
|---|---|---|---|---|---|---|
| COMPARATIVES FOR THE STATEMENT | OF FINANCIAL | ACTIVITIES - continued | ||||
| Unrestricted | Restricted | Total | ||||
| funds | funds | funds | ||||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Gallery activities | 104,379 | 23,870 | 128,249 | |||
| NET INCOME/(EXPENDITURE) | (2,771) | 10,563 | 7,792 | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 188,125 | 2,864 | 190,989 | |||
| TOTAL FUNDS CARRIED FORWARD | 185354 | 13,427 | 198,781 | |||
| 7. | TANGIBLE FIXEDASSETS | |||||
| Leasehold | Fixtures | |||||
| building | and | Computer | ||||
| improvements | fittings | equipment | Totals | |||
| COST | ||||||
| At 1 April 2020 and 31 | March 2021 | 236,529 | 16,714 | 3,270 | 256,513 | |
| DEPRECIATION | ||||||
| At I April 2020 | 153,115 | 13,942 | 2,954 | 170,011 | ||
| Charge for year | 9,268 | 694 | 77 | 10,039 | ||
| At 31March 2021 | 162,383 | 14,636 | 3,031 | 180,050 | ||
| NET BOOKVALUE | ||||||
| At 31March 2021 | 74,146 | 2,078 | 239 | 76,463 | ||
| At 31 March 2020 | 83,414 | 2,772 | 316 | 86,502 | ||
| DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||
| 2021 | 2020 | |||||
| Trade debtors | 1,067 | 315 | ||||
| Tax | 1,699 | |||||
| VAT | 430 | |||||
| Prepayments and accrued income |
750 | |||||
| Prepayments | 673 | 1,220 | ||||
| 2,170 | 3,984 |
| CREDI | TORS: A | MOUN | TS FALLING DUE WITHIN ON | E YEAR | ||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| 8 | ||||||
| Trade creditors | 2,862 | 5,480 | ||||
| Social security and other | taxes | 251 | ||||
| VAT | 2,048 | |||||
| Other creditors | 4,739 | 2,245 | ||||
| Accrued | expenses | 1,627 | 2,342 | |||
| 9,479 | 12,115 | |||||
| MOVEMENT IN FUNDS | ||||||
| Net | ||||||
| movement | At | |||||
| At 1.4.20 | in funds | 31.3.21 | ||||
| f | ||||||
| Unrestricted funds |
||||||
| General | fund | 125,354 | 11,483 | 136,837 | ||
| Designated fund |
60,000 | 60,000 | ||||
| 185,354 | 11,483 | 196,837 | ||||
| Restricted funds | ||||||
| Baines SAOY 2019 | 2,382 | (1,382) | 1,000 | |||
| Billmeir | Rising Starts 2020 | 269 | (269) | |||
| Billmeir | Rising Starts 2021 | 2,959 | 2,959 | |||
| Farnham | Town Council - | Craft Town England | 10,068 | (9,292) | 776 | |
| FTC Community | Grant 2019 | (42) | 42 | |||
| Sculpture | and Community | FTC | 750 | (750) | ||
| 13,427 | (8,692) | 4.735 | ||||
| TOTAL | FUNDS | 198,781 | 2,791 | 201,572 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund | 113,230 | (101,747) | 11,483 | |||
| Restricted funds | ||||||
| Baines SAOY 2019 | (1,382) | (1,382) | ||||
| Billmeir Rising Starts 2020 | (269) | (269) | ||||
| Billmeir Rising Starts 2021 | 5,000 | (2,041 ) | 2,959 | |||
| Farnham Town Council - Cratt |
Town England | (9,292) | (9,292) | |||
| FTC Community Grant 2019 |
42 | 42 | ||||
| Erica Leonard Trust | 500 | (500) | ||||
| Sculpture and Community |
FTC | (750) | (750) | |||
| SSTSculptural Imagination |
2,100 | (2,100) | ||||
| Computer Systems |
1,500 | (1,500) | ||||
| EU Fund | 4,106 | (4,106) | ||||
| 13,206 | (21,898) | (8,692) | ||||
| TOTAL FUNDS | 126,436 | (123,645) | 2,791 | |||
| Comparatives for movement |
in funds | |||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.4.19 | in funds | funds | 31.3.20 | |||
| Unrestricted funds |
||||||
| General fund |
158,125 | (2,771) | (30,000) | 125,354 | ||
| Designated fund |
30,000 | 30,000 | 60,000 | |||
| 188,125 | (2,771) | 185,354 | ||||
| Restricted funds | ||||||
| Baines SAOY 2018 | 1,405 | (1,405) | ||||
| Baines SAOY 2019 | 2,382 | 2,382 | ||||
| Billmeir Rising Stars 2019 | 550 | (550) | ||||
| Billmeir Rising Starts 2020 | 269 | 269 | ||||
| Famham Institute |
109 | (109) | ||||
| Famham Town Council - Cratt |
Town England | 10,068 | 10.068 | |||
| FTC Community Grant 2019 |
800 | (842) | (42) | |||
| Sculpture and Community |
FTC | 750 | 750 | |||
| 2,864 | 10,563 | 13,427 | ||||
| TOTAL FUNDS | 190,989 | 7,792 | 198,781 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General | fund | 101,608 | (104,379) | (2,771) | |
| Restricted funds | |||||
| Baines SAOY 2018 | (1,405) | (1,405) | |||
| Baines SAOY 2019 | 11,183 | (8,801) | 2,382 | ||
| Billmeir | Rising Stars 2019 | (550) | (550) | ||
| Billmeir | Rising Starts 2020 | 5,000 | (4,731) | 269 | |
| Famham | Institute | (109) | (109) | ||
| Famharn | South Street Trust | 2019 | 2,000 | (2,000) | |
| Famham | Town Council - Craft Town England | 15,000 | (4,932) | 10,068 | |
| FTC Community Grant 2019 |
(842) | (842) | |||
| Diaspora | 500 | (500) | |||
| Sculpture | and Community | FTC | 750 | 750 | |
| 34,433 | (23,870) | 10,563 | |||
| TOTAL | FUNDS | 136,041 | (128,249) | 7,792 |