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|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|
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|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|
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|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|
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||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_|
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||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**||
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|**This is stated after charging**|||
|---|---|---|
|**Depreciation**|281|281|
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|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|
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||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|||||
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||2021/22|2020/21|
|---|---|---|
|Sales Ledger|125,828|62,156|
|Prepayments|1,245|14|
|Sundry Debtors|0|1,531|
||127,073|63,701|
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||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**|