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|Trustees|||Kathleen<br>Belinis|Kathleen<br>Belinis||
|---|---|---|---|---|---|
||||John Davis|||
||||Jane Ducarreaux|||
||||Tina Goodman|||
||||Mark Hailey|||
||||Darrell Hegeity|||
||||Fiona Martin|||
||||Sean Shaw|||
||||Mark Wilkinson|||
||||Jan Wing|||
||||John Wing|||
|Secretary|||Kathleen<br>Belinis|||
|Charity number|||276998|||
|Company|number||01393436|||
|Registered||office|Southern<br>Maltings|||
||||Kibes Lane|||
||||Ware|||
||||Herffordshire|||
||||SG127DE|||
|Independent||examiner|Gary Howard|FCA||
||||Howard<br>Wilson Chartered||Accountants|
||||36 Crown Rise|||
||||Watford|||
||||Hertford shire|||
||||WD25 ONE|||
|Bankers|||CAF Bank|||
||||25 Kings<br>Hill Avenue|||
||||West Mailing|||
||||Kent|||
||||ME194JQ|||





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||||Page|
|---|---|---|---|
|Trustees report|||1-5|
|Independent<br>examiner's||report||
|Statement offinancial|activities|||
|Balance sheet|||8-9|
|Notes to the financial|statements||10-19|





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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2021|2021|2021|2020|2020|2020|
|||Notes|||||K||
|huurmfmm;|||||||||
|Donations<br>and|legacies||46,697||46,697|28,953|24,033|52,986|
|Charitable<br>activities|||19,310|82,917|102,227|127,172||127,172|
|Investments|||32||32|59||59|
|Total income|||66,039|82,917|148,956|156,184|24,033|180,217|
|Raising funds|||6,914|133|7,047|33,991||33,991|
|Charitable<br>activities||7|120,062|24,448|144,510|116,384|24,033|140,417|
|Total expenditure|||126,976|24,581|151,557|150,375|24,033|174,408|
|Net (expenditure)/income|||||||||
|for the year/|||||||||
|Net movement|in funds||(60,937)|58,336|(2,601)|5,809||5,809|
|Fund balances|at 29||||||||
|February 2020|||102,725||102,725|96,916||96,916|
|Fund balances|at 28||||||||
|February 2021|||41,788|58,336|100,124|102,725||102,725|





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||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Notes|||||
|Fixed assets|||||||||
|Tangible assets||||10||25,762||33,345|
|Current assets|||||||||
|Stocks||||11|1,739||3,282||
|Debtors||||12|20,778||||
|Cash at bank and||in|hand||91,656||68,401||
||||||114,173||71,683||
|Creditors:|amounts||falling due within||||||
|one year||||13|(3,950)||(2,303)||
|Net current|assets|||||110,223||69,380|
|Total assets less||current liabilities||||135,985||102,725|
|Creditors:|amounts||falling due after||||||
|more than|one year|||14||(35,861)|||
|Net assets||||||100,124||102,725|
|Income funds|||||||||
|Restricted|funds|||15||58,336|||
|Unrestricted|funds||||||||
|Designated|funds|||16|30,000||||
|General unrestricted|||funds||11,788||102,725||
|||||||41,788||102,725|
|||||||100,124||102,725|





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||||Unrestricted|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds||
|||||2020|2020|2020|
||||||F|F|
|Donations<br>and gifts|||9,483|28,953||28,953|
|Grants receivable|||37,214||24,033|24,033|
||||46,697|28,953|24,033|52,986|
|Grants receivable for core activities|||||||
|East Herts Council|||||16,533|16,533|
|The Architectural|Heritage|Fund|||7,500|7,500|
|Covid 19grants -|East Herts Council||37,214||||
||||37,214||24,033|24,033|





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||Arts Centre|Arts Centre|
|---|---|---|
||Operation|Operation|
||2021|2020|
|Performance<br>related grants|82,917||
|Events income|5,629|62,164|
|Hire income|13,681|65,008|
||102,227|127,172|
|Analysis<br>by fund|||
|Unrestricted<br>funds|19,310|127,172|
|Restricted funds|82,917||
||102,227|127,172|
|Performance<br>related grants|||
|Culture Recovery Fund for Heritage|35,100||
|Heritage<br>Lottery Fund|25,000||
|East Herts Council|1,400||
|Power to Change Trust|20,000||
|Other|1,417||
||82,917||



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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2021|2020|
|Interest|receivable|32|59|



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|Raising fund|s||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Unrestricted|
||||funds|funds||funds|
||||2021|2021|2021|2020|
|||||||F|
|Fundraisin|and|ublici|||||
|Events costs|||6,914|133|7,047|33,991|
||||6,914|133|7,047|33,991|





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||||Arts Centre|Arts Centre|
|---|---|---|---|---|
||||Operation|Operation|
||||2021|2020|
|Staff costs|||2,729||
|Depreciation|and impairment||7,584|7,584|
|Premises costs|||16,660|16,518|
|Insurance<br>costs|||3,200|2,358|
|Repairs and|maintenance|costs|7,383|17,837|
|General expenses|||2,916|2,963|
|Consultancy|||8,640|20,619|
|Governance|costs|||1,020|
|Development|costs||95,398|71,518|
||||144,510|140,417|
|Analysis<br>by|fund||||
|Unrestricted|funds||120,062|116,384|
|Restricted funds|||24,448|24,033|
||||144,510|140,417|



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|||2021|2020|
|---|---|---|---|
|||Number|Number|
|Directors/Trustees||||
|Employment|costs|2021|2020|
|Wages and|salaries|2,729||



|10|Tangible fixed asset|s||||
|---|---|---|---|---|---|
||||Leasehold|Plant and|Total|
||||improvements|equipment||
||Cost|||||
||At 29 February 2020||29,436||29,436|
||Additions|||18,561|18,561|
||At 28 February 2021||29,436|18,561|47,997|
||Depreciation<br>and impairment|||||
||At 29 February 2020||10,011|4,640|14,651|
||Depreciation<br>charged|in the year|2,944|4,640|7,584|
||At 28 February 2021||12,955|9,280|22,235|
||Carrying<br>amount|||||
||At 28 February 2021||16,481|9,281|25,762|
||At 28 February 2020||19,424|13,921|33,345|
|11|Stocks|||||
|||||2021|2020|
||Finished goods and goods for resale|||1,739|3,282|





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|12|Debtors|||||
|---|---|---|---|---|---|
|||||2021|2020|
||Amounts<br>falling due||within one year:|||
||Prepayments|and accrued income||20,778||
|13|Creditors: amounts||falling due within one year|||
|||||2021|2020|
||Accruals and|deferred|income|3,950|2,303|
|14|Creditors: amounts||falling due after more than one year|||
|||||2021|2020|
||Loan|||35,861||





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|||||Movement|in funds||Movement|in funds||
|---|---|---|---|---|---|---|---|---|---|
|||||Incoming|Resources|Balance at|Incoming|Resources|Balance at|
|||||resources|expended|29 February|resources|expended|28 February|
|||||||2020|||2021|
|Kitchen|project|||8,788|(8,788)|||||
|Development||works||15,245|(15,245)|||||
|Power to Change|||||||20,000||20,000|
|Culture|Recovery||Fund for|||||||
|Heritage|||||||35,100|(15,656)|19,444|
|Heritage|Lottery||Fund||||25,000|(8,925)|16,075|
|Co-op Community|||Fund||||1,417||1,417|
|Community||Revenue||||||||
|Grant|||||||1,400||1,400|
|||||24,033|(24,033)||82,917|(24,581)|58,336|





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|||Balance at|Transfers|Balance at|
|---|---|---|---|---|
|||29 February||28 February|
|||2020||2021f|
|Contingency|fund||30,000|30,000|
||||30,000|30,000|



|17|Analysis of net assets|between funds||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||funds|funds||funds|funds||
|||2021|2021|2021|2020|2020|2020|
||||F|||F|F|
||Fund balances at 28|||||||
||February 2021 are|||||||
||represented<br>by:|||||||
||Tangible assets|25,762||25,762|33,345||33,345|
||Current assets/|||||||
||(liabilities)|51,887|58,336|110,223|69,380||69,380|
||Long term liabilities|(35,861)||(35,861)||||
|||41,788|58,336|100,124|102,725||102,725|



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