| Page | |
|---|---|
| Referenceand administrative detailsofthe charity, | |
| its trusteesandadvisers | 1 |
| Chair's statement | 2-3 |
| Directors'andTrustees'annualreport | 4-15 |
| lndependentauditors'report | 16-18 |
| Gonsolidated statementoffinancialactivities | 19 |
| Consolidatedbalancesheet | 20 |
| Gompany balancesheet | 21 |
| Gonsolidated statementof cashflowstatement | 22 |
| Notestothefinancial statements | 23-40 |
| Directors | MrAVWBone |
|---|---|
| DrSAGoddard(Chair) | |
| MrsVMTrevelyan | |
| MrSDukes | |
| MrG Horn (resigned 20 October 2020) | |
| Councillor MrsLBaxter | |
| MrJMPattle | |
| MsKBoardman-Hims (resigned23April2021) | |
| MrNCBMacpherson | |
| MsJHCousins | |
| MsAC Harrison (appointed24July2020) | |
| MsM JAppleby (appointed24July2020) | |
| DrCKBarlow (appointed24July 20201 | |
| MrJHBrighton (appointed24July2020) | |
| MrART Butler-Zagni (apponted24July2020) | |
| MrS K Hooton (appointed24July 202O) | |
| Companyregistered number | 0'1819676 |
| Charity registered number | 293033 |
| Registeredoffice | MuseumofEastAnglianLife |
| Stowmarket | |
| SuffolklP141DL | |
| Website | eastanglianlife.org.uk |
| CompanySecretary | Ms A C Harrison (appointed24July2020) |
| MuseumDirector | Ms.J Cousins |
| lndependent auditors | GMS FCLimited |
| CharteredCertified Accountants | |
| &Statutory Auditors | |
| 1London Road | |
| lpswich | |
| Suffolk | |
| IP.I2HA | |
| Bankers | Barclays Bank Plc |
| 13Market Place | |
| Stowmarket | |
| SuffolklP141DL |
| Thefollowingis asummary extracted fromthe | financial statements | |
|---|---|---|
| 202'.1 | 2020 | |
| Grossincome for theyear | t796.544 | t't.072.728 |
| Total expenditure incurred | e682.175 | L732.714 |
| Surplusachieved | El'14.369 | 8340.014 |
| Unrestricted | Restrictod | Total | Unrestricted | Resticled | fotal | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funda | lunds | funds | funds | |||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |||
| INCOME FROM: | N | ote | E | € | E | E | E | c |
| Grants, DonationsandLegacies | 2 | 527,040 | 165,314 | 692,354 | 288,306 | 567,177 | 855,483 | |
| Othertrading activities | 3 | 4,70t | 4,701 | 131,951 | 131,951 | |||
| Charitable activities | 4 | 38,ir4l | 38,441 | 72,536 | 72,536 | |||
| lnvestment income | 51 | 5l | 383 | 383 | ||||
| Olher income | 20,995 | 20,99s | 12,375 | 12,375 | ||||
| TOTAL INCOMING RESOURCES | 631,230 | r65,3.t4 | 796,s4i1 | 505,551 | 567,177 | 1,072,728 | ||
| EXPENDITURE ON: | ||||||||
| Raisingfundsandother trading | ||||||||
| activities | 6 | 39,033 | 39,033 | 73,491 | 73,491 | |||
| Charitableactivities Otherexpenditure |
7 I |
4a7,264 6,068 |
'149,810 | 637,074 6,068 |
419,763 10,118 |
229.i42 | u9,105 10,118 |
|
| TOTAL RESOURCESEXPENDED | '11 | (532,365) | (r49,8r0) | (682,r7s) | (503,372) | (229,342) | (732,714) | |
| NETINCOME(EXPENDITURE) FOR | ||||||||
| THEYEAR | 98,865 | 15,504 | 't't4,359 | 2,179 | 337,835 | 340.014 | ||
| Transfs6 | 20 | (11,562) | 11,562 | 26,906 | (26,906) | |||
| Total fundsat14p2020 | 282,111 | 2,668,040 | 2,950,151 | 253,026 | 2,357,111 | 2,610,137 | ||
| TOTALFUNDSAT3IMARCH 2O2I | 369,i(14 | 2,695,106 | 3,064,520 | 282,111 | 2,668,040 | 2,950,151 | ||
| The noteson pages23 to 40formpart ofthese financial slatements. | ||||||||
| 2021 € |
2020f | |||||||
| Eamings beforeinterest and deprecration | 2@,287 | 420,400 |
| Note | f | 2021 € |
f | 2020t | |
|---|---|---|---|---|---|
| FIXEDASSETS | |||||
| Tangible assets | 13 | 2,287,055 | 2,245,710 | ||
| Heritage assets | 14 | 765,440 | 761,819 | ||
| 3,052,495 | 3,007,529 | ||||
| CURRENT ASSETS | |||||
| Stocks | 16 | 5,763 | 5,416 | ||
| Debtors | 17 | 48,059 | 66,329 | ||
| Cash at bank and in hand | 234,128 | 164,343 | |||
| 287,950 | 236,088 | ||||
| CREDITORS: amounts falling due within | |||||
| oneyear | 18 | (21s,240l- | (272,614) | ||
| NETCURRENTASSETS(L | AB | LtTtES) | 68,710 | ||
| TOTAL ASSETS LESS CURRENTLIABILITIES | 3,121,205 | 2,971,003 | |||
| CREDITORS: amounts falling due after | |||||
| morethan oneyear | |||||
| CAPITALGRANTRESERVE | 26 | (s6,685) | (20,852) | ||
| NETASSETS | 3,064,520 | 2,950,151 | |||
| CHARITY FUNDS | |||||
| Restricted funds | 20 | 2,69s,106 | 2,668,040 | ||
| Unrestricted funds | 20 | 369,414 | 282,111 | ||
| TOTALFUNDS | 3,064,520 | 2,950,151 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Note | f | € | t | t | |
| FIXEDASSETS | |||||
| Tangible assets | 13 | 2,286,581 | 2,245,531 | ||
| Heritage assets | 14 | 765,440 | 761,819 | ||
| lnvestments | 15 | 100 | 100 | ||
| 3,052,121 | 3,007,450 | ||||
| CURRENT ASSETS | |||||
| Debtors | 17 | 74,212 | 81,549 | ||
| Cashatbankandin hand | 194,285 | 139,596 | |||
| 268,497 | 221,145 | ||||
| CREDITORS: amounts fallingduewithin one year |
18 | (200,608) | p!8t480) | ||
| NET CURRENTASSETS(L | ABrLrTrES) | 67,889 | |||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 3,120,010 | 2,970,115 | |||
| CREDITORS: amounts falling due after | |||||
| morethan one year | |||||
| CAPITAL GRANTRESERVE | 26 | (56,685) | (20,852) | ||
| NETASSETS | 3,063,325 | 2,949,263 | |||
| CHARITYFUNDS | |||||
| Restrictedfunds | 20 | 2,695,106 | 2,668,040 | ||
| Unrestrictedfunds | 20 | 368,2't 9 | 281,223 | ||
| TOTALFUNDS | 3,063,32s | 2,949,263 |
| Note | 2021t | 2020f | |
|---|---|---|---|
| CASH FLOWSFROM OPERATING ACTIVITIES: | |||
| Net cashprovidedby(usedin)operating activities | Table1 | 161,292 | 479,249 |
| CASH FLOWSFROM INVESTING ACTIVITIES: | |||
| Purchase of fixed assets | (13s,EE3) | (487,350) | |
| Capital grants received | 48,325 | 25,972 | |
| lnterest received | 51 | 383 | |
| Net cashprovidedby(used in) investing activities | (91,s07) | ||
| "995) | |||
| CHANGEINCASHANDCASH EQUIVALENTS | 69,785 | 18,254 | |
| Cashandcashequivalents at1April2020 | 164,343 | 146,089 | |
| CASHANDCASH EQUIVALENTS AT 31 MARCH2021 | 234,128 | 164,343 | |
| TABLE1 | |||
| RECONCILIATION OF NETINCOME(EXPENDITURE) | |||
| TONET CASHFLOWFROM OPERATING ACTIVITIES | |||
| Net income/(expenditure) for reportingperiodas | |||
| per statement of financial activities | 114,369 | 340,014 | |
| Adjustments: | |||
| lnterest received | (s1) | (383) | |
| Donated assets | |||
| Depreciation | 94,918 | 80,386 | |
| Capital grant released to statemenl of financial activity | 112,4e31 | (5,121) | |
| (lncrease)/Decrease in stock | (347) | (3,143) | |
| (lncreaseyDecreaseindebtors | 't8,270 | 62,614 | |
| lncrease/(Decrease)increditors Netcash providedby (used in)operating activities |
{!qi74) 161,292 |
4,882 479,249 |
| unrestricted | R€striclod | Total | UMesticled | Restricled | Total | |
|---|---|---|---|---|---|---|
| tundE | funda | tund3 | lunds | luncls | tunds | |
| 2021 | 2021 | 2021 | 2021 | 2021 | 2020 | |
| E | € | C | E | t | E | |
| Arts Council England | 150,218 | 150,218 | 147504 | 147,504 | ||
| Suffolk County Councll | 102,510 | 102,510 | 100,000 | 100,000 | ||
| Mid SutfolkOistrictCouncil | 20,000 | 20,000 | 20,000 | 20,000 | ||
| Stowmarket Town Council | 5,000 | 5,000 | 5,000 | 5,000 | ||
| Abbotl'sHallTrust | 5,000 | 5,000 | 8,000 | 8,OOO | ||
| Donations: | ||||||
| Other donalions | 't6,435 | 2,O40 | 18,475 | 12,545 | 1,980 | 14,525 |
| Gaantsl | ||||||
| Arts Council England (Covid support) | l/t3,950 | 36,000 | 179,950 | |||
| Mid Suffolk District CouncilCovid19grants | 59,765 | 59,765 | ||||
| HMRC corona virus iob retention sch€me | 24,162 | 24,162 | ||||
| HentrageFarm Prolect | 372,254 | 372,254 | ||||
| Food BusinessPlan | 1,553 | 1,553 | 50.000 | 50,000 | ||
| Heritage Lottery Funding | 18,676 | 18,876 | ||||
| Headloy Trust and Esmee Fairbairn | 34,624 | 34,624 | 51,933 | 51,933 | ||
| NHS Parlnership | 16,E76 | 1E,876 | 27,058 | 27,058 | ||
| Colchesler and lpswichlruseumServrces | 26,O25 | 26,025 | 42,346 | 42,346 | ||
| Safer Suffolk | 5,014 | 5,0lil | 920 | 920 | ||
| Watermill proiect | 't5,360 | 15,360 | ||||
| Other grants | 6,946 | 6,946 | 3,257 | 12,686 | 15,943 | |
| Total donated income&grants | 527,040 | 165,314 | 692,3s4 | 288,306 | 567,177 | 855,483 |
| Unrostrlcted | R6stdcted | Total | Unresticled | Roslricted | Total | |
|---|---|---|---|---|---|---|
| funds | tund6 | fundB | funds | funds | funds | |
| 2021t | 2021 € |
2021 E |
2021 E |
2020 E |
||
| Fundraising income | E,041 | 8,(Nt | 55,968 | 55.968 | ||
| Subsidiarytradrng rncome | 36,662 | 36,662 | 75,983 | 75.983 | ||
| 44,70t | 44,703 | 131,951 | 131,951 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2021f | 2021 E |
2021t | 2019f | |
| Operationofthe museum Admission fees,etc. |
38,441 | 38,441 | 72,536 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | funds | |
| 2021f | 2021 e |
2021 e |
2020t | |
| Bank interest receivable | 51 | 51 | 383 |
| Unro6trlcted | Restrlcted | Total | ||
|---|---|---|---|---|
| tunds | fund6 | funds | ||
| 2021t | 2021 E |
2021 € |
||
| Fundraising | and trading expensesi | |||
| Fundraising | events | 8,5r5 | 8,5'15 | |
| Commorcial | trading-directcosts | 30,435 | 30,,135 | |
| supportcosts | 83 | 83 | ||
| 39,033 | 39,033 |
| Unresticted | Restricted | Total |
|---|---|---|
| funds | funds | funds |
| 2021 | 2021 | 2020 |
| 2 | 2 | |
| 38,146 | 38,146 | |
| 35,314 | 35,314 | |
| 31 | 31 | |
| 73,491 | 73,491 |
| SUMMAR | Y BYFUND TYPE | |||
|---|---|---|---|---|
| un163trictod | Rostrictod | Total | ||
| ftrnds | tundE | funds | ||
| 2021 | 2021 | 2021 | ||
| e | C | E | ||
| Operation | ofthe Museum | 487,2U | 149,810 | 637,O74 |
| Unrestncted | Reslrcled | Total |
|---|---|---|
| lunds | funds | funds |
| 2021 E |
2021f | 2020 |
| 419,763 | 229.342 | 649,105 |
| SUMMARY BY EXPENDITU | RETYPE | |||
|---|---|---|---|---|
| Staffcosts | Oop16ciatlon | Othercosts | Total | |
| 2021 | 2021 | 2021 | 2021 | |
| € | e | c | e | |
| Direclcosts | 352,t97 | lli1.588 | il67,,l8s | |
| Support costs | 94,835 | 71,7y | t69,589 | |
| Operationofthe [4useum | 352,897 | 94,835 | 189,3,12 | 637,074 |
| Stafcosts | Depreciation | Ofh€.costs | Total |
|---|---|---|---|
| 2020 f |
2020 f |
2020t | 2020 |
| 322,889 | 163,137 | 486.026 | |
| 80,355 | 82,724 | 163.079 | |
| 322,889 | 80,355 | 245.861 | 649.105 |
| OTHER EXPENDITURE | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| 2021f | 2021 E |
2021 € |
2020t | |
| Governancecosts: | ||||
| Auditors fees | 3,500 | 3,500 | 6,250 | |
| 3,s00 | 3,500 | 6,250 | ||
| Financecosts: | ||||
| Bankcharges | 2,568 | 2,568 | 3,868 | |
| 2,568 | 2,568 | 3,868 | ||
| Total otherexpenditure | 6,068 | 6,068 | 10,118 |
| 9. DIRECTCOSTS |
||||
|---|---|---|---|---|
| Operation | Fund | |||
| of the | raisingand | Total | Total | |
| Museum € |
trading E |
2021t | 2020t | |
| Livestockcosts | 3,535 | 3,s35 | 6,425 | |
| Rent,ratesandwater | 6,07'l | 6,071 | 8,048 | |
| Lightand heat | 18,883 | 18,883 | 22,921 | |
| Careof collections | 6,159 | 6,159 | 5,004 | |
| Repairsand maintenance | 19,930 | 19,930 | 19,145 | |
| Other projects | 60,010 | 60,010 | 101,595 | |
| Fund raisingexpenditure | 8,515 | 8,515 | 33,213 | |
| Purchases | 30,435 | 30,435 | 35,314 | |
| Wages and salaries | 352,897 | 352,897 | 327,821 | |
| 467,48s | 38,950 | 506,435 | 559,486 | |
| Totals- 2020: | ||||
| Operationofthe Museum | 486,027 | 486,027 | ||
| Fundraising expenditure | 33,213 | 33,213 | ||
| Wagesallocatedtofundraising | 4,932 | 4,932 | ||
| Purchases | 35,314 | 35,314 | ||
| 486,027 | 73,459 | 559,486 | ||
| ,IO.SUPPORTCOSTS |
| SUPPORTCOSTS | ||||
|---|---|---|---|---|
| Operation | ||||
| ofthe | Commercial | Total | Total | |
| Museum € |
trading E |
2021 e |
2020t | |
| Cleaning | 4,20',1 | 4,201 | 3,727 | |
| lnsurance | 20,356 | 20,356 | 20,037 | |
| Education | 3,591 | 3,591 | 6,917 | |
| Marketing,stationery,web | ||||
| andlT costs | 29,534 | 29,534 | 39,373 | |
| SundryExpenses | 17,073 | 17,073 | 12,668 | |
| Depreciation | 94,835 | 83 | 94,918 | 80,386 |
| 169,590 | 83 | 169,673 | 163,108 |
|NETtNCOMtNG /(OUTGO|NG) RESOURCES
Thisisstated after charging:|||
|---|---|---|
||2021f|2020t|
|Operating lease payments|1,425|1,305|
|Depreciationoftangible fixedassets-|||
|ownedby thecharitable group|94,918|80,386|
|Auditors' remuneration-audit|3,500|3,500|
|-non auditservices|2,s00|2,750|
| STAFF COSTS Staffcostswereasfollows: |
||
|---|---|---|
| 2021 € |
2020t | |
| Wages and salaries: | ||
| Gross salaries | 323,193 | 313,125 |
| Socialsecuritycosts | 23,656 | 19,072 |
| Employer pensioncosts | 6,048 | 5,439 |
| 352,897 | 337,636 |
| Theaverage monthlynumberof employees during theyearwa | sas follows: | |
|---|---|---|
| 2021 | 2020 | |
| No. | No. | |
| Fulltimestaff- managementandadministration | ||
| Management and administration Service and operationalstaff |
3 9 |
3I |
| Governance | 1 | 1 |
| 13 | 13 | |
| Parttimestaff: | ||
| Service and operationalstaff | I | I |
| 21 | 21 |
| Keymanagementarethe unpaid board of directo following salaried staff members: |
rsandthe | |
|---|---|---|
| 2021 f |
2020t | |
| MuseumDirector | 38,000 | 38,000 |
| TANGIBLEFIXEDASSETS | ||||
|---|---|---|---|---|
| Estate and | ||||
| buildings | Plantand | |||
| (longlease) | equipment | Total | ||
| Group | € | E | € | |
| Cost | ||||
| At1April 2020 | 2,480,574 | 279,498 | 2,760,072 | |
| Additions | 11,691 | 123,461 | 135,152 | |
| Disposals | ||||
| At31 March2021 | 2,492,265402,959 | 2,895,224 | ||
| Depreciation | ||||
| At1April2020 | 339,649 | 174,713 | 514,362 | |
| Charge for theyear | 50,728 | 43,079 | 93,807 | |
| Depreciation on disposals | ||||
| At 31March2021 | 390,377 217,752608,169 | |||
| Net book value | ||||
| At31 March2021 | 2,101,888185,167 | 2,287,055 | ||
| At3'lMarch 2020 | 2,140,925104,785 | 2,245,710 | ||
| Company | € | f | € | |
| Cost | ||||
| At'lApril 2020 | 2,480,574 | 275,995 | 2,756,569 | |
| Additions | 11,691 | 123,084 | 134,775 | |
| Disposals | ||||
| At31 March2021 | 2,452,26s399,079 | 2,891,34 | ||
| Depreciation | ||||
| At1April2020 | 339,649 | 171,389 | 5t1,038 | |
| Charge for theyear | 50,728 | 42,997 | 93.725 | |
| Depreciation on disposals | ||||
| At 31March2021 | 390,377 | 214,386 | 604,763 |
|
| Net book value | ||||
| At3'lMarch2021 | 2,101,8881E4,693 | 2,286,581 | ||
| At31 March 2020 | 2,140,925 | 104,606 | 2,245,531 |
| CHARITYHERITAGEASSETS | |||
|---|---|---|---|
| Steam | Exhibits | ||
| Group and Company | engines € |
artefacts f |
Total € |
| Cost | |||
| At1April2020 | 176,000 | 596,834 | 772,834 |
| Additions | 4,731 | 4,731 | |
| At 31March2021 | 176,000 | 601,56s | 777,565 |
| lmpairment | |||
| At1April2020 | 11,015 | 11,015 | |
| Chargefortheyear | 1,110 | 1,110 | |
| At 31March2021 | 't2,125 | 12,125 | |
| Net bookvalue | |||
| At31 March2021 | 176,000 | ______1994q | 765,40 |
| At 31March 2020 | 176000 | 585,819 | 761,819 |
| DEBTORS | ||||
|---|---|---|---|---|
| Group 2021 € |
2020t | Company 2021 cf |
2020 | |
| Trade debtors Amounts owedbygroup undertakings Other debtors Prepayments and accruedincome |
12,518 33,433 1,708 |
4,517 60,180 1,632 |
1,092 36,222 35,190 1,708 |
385 19,002 60,530 1,632 |
| 48,059 | 66,329 | 74,212 | 81,549 |
| Amountsfallingduewithinone ye | ar | |||
|---|---|---|---|---|
| Group | Company | |||
| 2021 € |
2020t | 2021 E |
2020 € |
|
| Trade creditors | 70,971 | 68,663 | 68,795 | 68,565 |
| Taxationandsocial security | 5,286 | 5,219 | 5,2E6 | 5219 |
| Deferred income (note19) | 135,816 | 185,171 | 120,359 | 171,636 |
| Accruals and other creditors | 7,167 | 13,561 | 6,168 | 13,060 |
| 219,240 | 272,614 | 200,608 | 258,480 |
| DEFERRED INCOME | |||
|---|---|---|---|
| Group | |||
| Released | Deferred | ||
| in 202'l | 2021 | 2020 | |
| E | € | f | |
| LocalAuthority | 102,510 | 102,510 | |
| (corefunderforuvardfunding) | |||
| Projecttimeperiodfunding | 63,127 | 120,359 | 69,326 |
| Project performancerelatedfunding | 15,457 | 13,335 | |
| (Note18) | 165,637 | 135,816 | 185,171 |
| Company | |||
| Released | Deferred | ||
| in2021 f |
202',1 f |
2020t | |
| LocalAuthority | ,t02,510 | 102,510 | |
| (corefunder forward funding) | |||
| Projecttimeperiodfunding | 63,127 | 120,359 | 69,126 |
| Project performance related funding | |||
| (Note18) | 165,637 | 120,3s9 | 171,636 |
| STATEMENT OF FUNDS | |||||
|---|---|---|---|---|---|
| Brought | lncoming | Resources | Transfers | Carrled | |
| ForwardI | resources € |
Expended f |
in/out € |
Forward f |
|
| Unrestrictedfunds | |||||
| Generalfunds | 282,111 | 631,230 | (532,36s) | (11,s62) | 369,414 |
| 282,111 | 631,230 | (s32,365) | (11,s62) | 369,414 | |
| Restrictedfunds | |||||
| Premises development fund | 't,893,273 | 114,7701 | 1,878,503 | ||
| Heritage Farm project | 505,727 | 1,290 | 137,3321 | 469,685 | |
| Steam engine collection | 176,000 | 176,000 | |||
| MortlockBuilding | 8,985 | (1,110) | 7,875 | ||
| Specialist food museum businessplan | 1,553 | (7,6/11 | 6,088 | ||
| Windpump restoration fund | 2,534 | 2,534 | |||
| Steam engine resoration | 15,633 | 15,633 | |||
| Headley Trust and Esmee Fairbairn | 33,580 | 34,624 | l34,278l | 33,926 | |
| NHS Partnership | 18,876 | 18,876 | |||
| Colchester and lpswich Museum Services - | |||||
| SkillsfortheFuture | 2,221 | 26,O25 | 124,3811 | 3,865 | |
| Safer SuffolkL D RopeTrust) | 3,572 | 5,014 | (13) | 8,573 | |
| Watermillproject | 16,110 | (15,360) | 750 | ||
| Arts Council project funding | 36,000 | (14,80s) | 5,474 | 26,669 | |
| HeritageLotteryemergency funding | 18,876 | 18,876 | |||
| ArtFund | 5,994 | (120) | 5,874 | ||
| Otherworkingprojects. | 26,5r5 | 952 | 27,467 | ||
| Total otrestrictedfunds | 2,668,040 | 165,314 | (149,810) | 11,s62 | 2,695,106 |
| Totalofallfunds | 2,950,151 | 796,54 | (682,17s) | 3,064,520 | |
| (o&..-seenotes onPage 38) | aa |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | funds | funds | |
| 2021 | 2021 | 2021 | 2021 | 2021 | 2020 | |
| € | € | e | f | f | f | |
| Tangible fixed assets | 156,549 | 2,130,506 | 2,287,055 | 155,952 | 2,089,758 | 2,245,710 |
| Heritage assets | 274,942 | 490,498 | 76s,M0 | 274,941 | 486,878 | 761,819 |
| Current assets | 56,685 | 23',1,265 | 287,950 | 75,557 | 160,531 | 236,088 |
| Creditorsduewithin one year | (102,881) | (116,359) | 1219,2401 | (203,487) | (69,127) | (272,614) |
| Capitalgrantreserve | (1s,881) | (40,804) | (s6,68s) | (20,852) | (20,852) | |
| 369,414 | 2,695,106 | 3,064,520 | 282,111 | 2,668,040 | 2,950,151 |
| The followingtotaloperating lease payments are com | mitted to bepaid: | |
|---|---|---|
| 2021t | 2020t | |
| Expiring: Betweenone andfive years |
1,425 | 1,305 |
| 2020 e |
2019t | |
|---|---|---|
| Balance brought forward | 20,852 | |
| Grants receivedinthe year | 48,326 | 25,973 |
| Amount releasedinthe year | (12,493) | (5,121) |
| Balance carried forward | __!9f99_ | 20,852 |