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|||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|
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|||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|
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|||||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|
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|||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|
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|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|
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||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|
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|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|
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|||||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|
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||||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|