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2022-03-31-accounts
| Company Information |
3 |
| Report of the Council of Management |
4 to 23 |
| Report of the Independent Examiners |
24 |
| Statement of Financial Activities |
25 |
| Balance Sheet |
26 |
| Notes to the Financial Statements |
27 t o 33 |
| For the year e |
nde |
d 31 Mar |
ch 2022 |
|
|
|
Note |
Restricted |
Unrestricted |
Total 21/22 |
Total 20/21 |
| INCOMING RESOURCES |
|
|
|
|
|
| Activities in furtherance of the charities objects |
|
|
|
|
|
| Art & education |
2 |
88,710 |
152394 |
241,104 |
286,287 |
| Preservation & maintenance building |
|
0 |
0 |
0 |
0 |
| Recreation, leisure & community |
3 |
0 |
310,516 |
310,516 |
17,218 |
| Total incoming Resources |
|
88,710 |
462,910 |
551,620 |
303,505 |
| RESOURCES EXPENDED |
|
|
|
|
|
| Charitable expenditure |
|
|
|
|
|
| Art & education |
|
0 |
164390 |
164390 |
Z33,178 |
| Preservation & maintenance building |
|
0 |
72,276 |
72,276 |
66,935 |
| Recreation, leisure & community |
|
0 |
107,129 |
107,129 |
8.010 |
| Governance |
|
0 |
8,056 |
8,056 |
12,619 |
| Total Resources Expended |
|
0 |
351,851 |
351,851 |
297,742 |
| Net Income |
5 |
88,710 |
111,059 |
199,769 |
5763 |
| Transfer between funds |
12 |
−67,706 |
67,706 |
0 |
0 |
| Net movement in funds for the year |
|
21,004 |
178,765 |
199,769 |
5,763 |
| Total funds brought forward 1/4/20 |
|
115333 |
196,746 |
312,079 |
306,316 |
| Total funds carried forward 31/3/21 |
12 |
136,337 |
375,511 |
511,848 |
312,079 |
| B |
alance |
She |
et as at 31 |
March 202 |
2 |
|
|
|
Note |
Restricted |
Unrestricted |
Total 21/22 |
Total 20/21 |
| Fixed Assets |
|
|
|
|
|
|
| Tangible Fixed Assets |
|
8 |
49,557 |
0 |
49,557 |
49,838 |
| Current Assets |
|
|
|
|
|
|
| Stocks |
|
|
0 |
250 |
250 |
250 |
| Debtors |
|
9 |
0 |
127,073 |
127,073 |
63,701 |
| Bank & Cash |
|
10 |
135,496 |
512,613 |
648,109 |
430,872 |
|
|
|
135,496 |
639,936 |
775,432 |
494,823 |
| Liabilities |
|
|
|
|
|
|
| Creditors Amount falling due within 1 year |
|
11 |
0 |
264,425 |
264,425 |
193,866 |
| Net current assets |
|
|
135,496 |
375,511 |
511,007 |
300,957 |
| Net Assets |
|
|
185,053 |
375,511 |
560,564 |
350,795 |
| Funds |
|
|
|
|
|
|
| Revaluation reserve |
|
|
48,716 |
0 |
48,716 |
48,716 |
| Restricted funds |
|
12 |
136337 |
0 |
136337 |
105,333 |
| Unrestricted |
|
|
0 |
375,511 |
375,511 |
196,746 |
| Total funds |
. |
|
185,053 |
375,511 |
560,564 |
350,795 |
|
Restricted |
|
|
|
|
|
Unrestricted |
Total 21/22 |
Total 20/21 |
|
Projects |
|
|
|
| INCOMING RESOURCES |
|
|
|
|
| Grants: |
|
|
|
|
| LB Camden Covid Business Grant |
0 |
12,000 |
12,000 |
40,572 |
| NLHF Emergency Covid Grant |
0 |
0 |
0 |
4Z800 |
| DCMS Cultural Recovery Fund |
48,510 |
0 |
48,510 |
93,100 |
| FRESH (Young Camden Foundation) |
1,200 |
0 |
1,200 |
0 |
| HMRC Coronavirus Job Retention Scheme |
0 |
39367 |
39367 |
28,075 |
| John Lyon's Charity |
29,000 |
0 |
29,000 |
6,042 |
| Anonymous |
10,000 |
0 |
10,000 |
70,000 |
| Lady Gould's Charity |
0 |
0 |
0 |
6,931 |
| Other: |
|
|
|
|
| Lettings (concerts, exhibitions and classes) |
0 |
50,590 |
50.590 |
16,900 |
| Activities (performances, classes and events) |
0 |
45323 |
45323 |
29,696 |
| Friends& Donations |
0 |
5,114 |
5,114 |
7,177 |
|
88,710 |
152394 |
241,104 |
286,287 |
|
Restricted |
Unrestricted |
Unrestricted |
Total 21/22 |
Total 20/21 |
Total 20/21 |
Total 20/21 |
| INCOMING RESOURCES |
|
|
|
|
|
|
|
| Lettings |
|
0 |
310,516 |
310,516 |
|
17,218 |
|
|
|
0 |
310516 |
310516 |
|
17,218 |
|
4.
Resources Expended |
|
|
|
|
|
|
|
|
Art |
House |
Community |
Governance |
Total 21/22 |
Total |
20/21 |
| Expenditure |
|
|
|
|
|
|
|
| Lettings |
9,158 |
0 |
18,075 |
0 |
27.233 |
|
1,420 |
| Activities |
33.233 |
0 |
.
0 |
0 |
33.233 |
|
66,795 |
| Special Costs covered by drawdowns |
17,876 |
2,465 |
2,465 |
0 |
22,806 |
|
0 |
| Staff Costs |
83,807 |
37,705 |
64,120 |
8,056 |
193,688 |
|
776,467 |
| Gas & Electricity |
0 |
21,317 |
0 |
0 |
21317 |
|
13,760 |
| Repair & Maintenance |
10,232 |
7.588 |
10,237 |
0 |
28,057 |
|
70,789 |
| Stationery & Photocopying |
792 |
0 |
792 |
0 |
1,584 |
|
1,923 |
| Marketing |
2,560 |
0 |
4,708 |
0 |
7,268 |
|
6,123 |
| Communications |
3.812 |
0 |
3,812 |
0 |
7,624 |
|
1.920 |
| Other Costs |
2920 |
2920 |
2.920 |
0 |
8,760 |
|
7,270 |
| Depreciation & Amortisation |
0 |
281 |
0 |
0 |
281 |
|
281 |
| Total Resources Expended |
164,390 |
72,276 |
107,129 |
8,056 |
351,851 |
29Z742 |
|
| This is stated after charging |
|
|
| Depreciation |
281 |
281 |
| Staff costs were as follows: |
|
|
|
|
2021/22 |
2020/21 |
|
| Wages & salaries |
173,613 |
|
157,934 |
| Pension costs |
4,790 |
|
4,576 |
| Social security costs |
15,285 |
|
13,951 |
|
193,688 |
|
176,461 |
|
Leasehold |
Office |
|
|
|
|
Property |
Equipment |
|
Total |
|
|
f |
f |
|
f |
|
| Cost or valuation |
|
|
|
|
|
| At 1 April 2021 |
55,736 |
42,598 |
|
|
98334 |
| Revaluation |
0 |
0 |
|
|
0 |
| Additions during the year |
0 |
0 |
|
|
0 |
| At 31 March 2022 |
55,736 |
42.598 |
|
|
98334 |
| Depreciation |
|
|
|
|
|
| At 1 April 2021 |
5,898 |
42,598 |
|
|
48,496 |
| Charge for Year |
281 |
0 |
|
|
281 |
| At 31 March 2022 |
6,179 |
42,598 |
|
|
48,777 |
| Net Book Value |
|
|
|
|
|
| At 31 March 2022 |
49,557 ** |
0 |
, |
|
49,557 |
| A t 37 March 2021 |
49,838 |
0 |
|
|
49,838 |
|
2021/22 |
|
2020/21 |
|
|
L |
|
L |
|
| Cost |
|
7,020 |
|
7,020 |
| Accumulated depreciation |
|
6,179 |
|
5,898 |
| Net book value |
|
841 |
|
1,122 |
| * Unrestricted |
|
|
|
|
| ** Restricted |
|
|
|
|
|
2021/22 |
2020/21 |
| Sales Ledger |
125,828 |
62,156 |
| Prepayments |
1,245 |
14 |
| Sundry Debtors |
0 |
1,531 |
|
127,073 |
63,701 |
|
2021/22 |
2020/21 |
| Lloyds Business Account |
169,438 |
43,680 |
| Lloyds Business Bank Instant Account |
408479 |
317,000 |
| COIF |
69,530 |
69,530 |
| Petty cash |
662 |
662 |
| Total cash |
648,109 |
430,872 |
|
|
2021/22 |
2020/21 |
| Sales prepayments 21/22 |
* |
208,161 |
104.544 |
| Purchases & Sundry |
|
32413 |
61,730 |
| Accruals |
|
2000 |
2300 |
| NI/PAYE |
|
21,851 |
15,292 |
|
|
264,425 |
193,866 |
| 12. Restricted Funds |
|
|
|
|
|
|
|
|
Closing |
|
Unspent Grants |
Incoming |
Outgoing |
|
|
|
|
|
Position |
|
01/04/2021 |
Resources |
Resources |
|
|
|
|
|
31/03/22 |
| Restricted Funds For Projects excluding |
|
|
|
|
| Lauderdale Transformed and Fresh |
|
|
|
|
| DCMS Cultural Recovery Fund |
10,000 |
48,510 |
52,296 |
6,214 |
| John Lyon's Charity (Artists Added value 21/22) |
o |
29,000 |
1,530 |
27,470 |
| Anonymous (Education & Outreach) |
0 |
10,000 |
10,000 |
0 |
| The Sigrid Rausing Trust |
1,449 |
0 |
0 |
1,449 |
| Subtotal |
11,449 |
87,510 |
63,826 |
35,133 |
| Grants for Fresh |
|
|
|
|
| Hollick Family Foundation (Fresh) |
4,500 |
0 |
253 |
4,247 |
| CIL (Fresh) |
3,102 |
0 |
3,102 |
0 |
| Young Camden Foundation (Fresh) |
0 |
1,200 |
0 |
1,200 |
| Camden Council (Fresh) |
525 |
|
525 |
0 |
| Subtotal |
8,127 |
1,200 |
3,880 |
5,447 |
| Grants For Lauderdale Transformed |
|
|
|
|
| (Capital/Education)) |
|
|
|
|
| City Bridge Trust |
50,000 |
o |
0 |
50,000 |
| LT Restricted |
44,507 |
0 |
o |
44,507 |
| Chapman Charitable Trust (Induction Loop) |
1,000 |
0 |
o |
1,000 |
| Company of Art Scholars |
250 |
0 |
0 |
250 |
| Subtotal |
95,757 |
0 |
0 |
95,757 |
|
− |
|
|
|
| GRAND TOTAL RESTRICTED |
115,333 |
88,710 |
67,706 |
136,337 |