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||Page|
|---|---|
|Reference and Administrative
Details||
|Trustees'
Report|2-8|
|Independent
Examiners'
Report||
|Statement of Financial Activities|10|
|Balance Sheet||
|Notes to the Financial Statements|12-21|
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|Trustees||||||G. M. Evans|G. M. Evans|||
|---|---|---|---|---|---|---|---|---|---|
|||||||J.M. Mason||||
|||||||A. G.Cezar||||
|||||||S.Singh||||
|||||||R. Dhut||||
|||||||N. Mirzaie||||
|||||||A. Brooks||||
|Company|Secretary|||||S.E.Lee||||
|Charity Registration||||Number||293972||||
|Company|Registration||||Number|1964724||||
|Registered||ONce||||27 Dingley|Place|||
|||||||London||||
|||||||EC1V8BR||||
|Independent||Examiner||||John Howard||FCA||
|||||||Azets Audit|Services Limited|||
|||||||2"' Floor, Regis House||||
|||||||45 King William Street||||
|||||||London||||
|||||||EC4R 9AN||||
|Banker||||||Cooperative||Bank PLC||
|||||||1 Islington|High Street|||
|||||||Islington||||
|||||||London||||
|||||||N1 9TR||||
|Key Management|||Personnel|||Artistic Director —Suzanne|||Lee|
|||||||Associate Director —Lisa|||Stolworthy|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||Notes|Funds|Funds
f|2021|2020|
|Income and endowments|from:||||||
|Donations
and legacies|||35,651|251,642|287,293|330,547|
|Charitable
activities||||9,400|9,400|11,856|
|Government
grants||||19,563|19,563||
|Total incoming
resources|||35,651|280,605|316,256|342,403|
|Expenditure
on:|||||||
|Raising funds|||26,599||26,599|25,878|
|Charitable
activities|||7,342|253,982|261,324|320,992|
|Total resources expended|||33,941|253,982|287,923|346,870|
|Net incoming
resources|||||||
|before transfers|||1,710|26,623|28,333|(4,467)|
|Transfers
between
funds|||||||
|Net movement
in funds|||1,710|26,623|28,333|(4,467)|
|Fund balances brought|||||||
|forward
1 April 2020|||32,777|1,991|34,768|39,235|
|Fund balances carried|||||||
|forward 31 March 2021|||34,487|28,614|63,101|34,768|
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|INCOME FROM DONATIONS
AND LEGACIES|INCOME FROM DONATIONS
AND LEGACIES||||||
|---|---|---|---|---|---|---|
||Unrestricted|Restricted
f|||2021
f.|2020|
|The Allan Charitable
Trust|500||||500||
|Apple Europe Ltd
Arts Council ofEngland —Celebrating
Age
Arts Council of England —Emergency
Response
Fund|||10,250
25,500||10,250
25,500|24,475|
|Austin and Hope Pilkington
Trust
BBCChildren
in Need
Charities
Aid Foundation —Covid 19Fund
Derwent Tech Belt Community
Fund
Greater London
Authority
Islington
Council —Arts Service
Islington
Council —Children's
Services, Play
1,000
7,042|||22,365
4,980
27,663
2,500||1,000
22,365
7,042
4,980
27,663
2,500|25,220
35,695
2,500|
|and Youth
Islington
Council - VCS Fund
Islington
Council —Camden
and islington|20,000||24,900||24,900
20,000|47,940
20,000|
|Public Health
Islington
Giving
The Joanies Trust
Lloyds Bank Foundation
London
Community
Response
Fund
Maquarie
Bank —Covid Staff Fund
MIND —Women's
Mental
Health Peer Support
The National
Lottery Community
Fund
The National
Lottery Heritage
Fund|||12,500
34,960
3,500
25,178
9,885
4,588
9,996
13,960||12,500
34,960
3,500
25,178
9,885
4,588
9,996
13,960|7,500
58,580
24,779
7,968
30,950|
|Nesta
Notting
Hill Genesis
Pause Islington|||7,000
5,500
1,417||7,000
5,500
1,417|13,000
17,000|
|Sheldon Trust
Stephen
Bush Donation
All Stars Scheme —Donations
Miscellaneous
Donations|6,632
477||5,000||5,000
6,632
477|10,000
3,267
1,673|
|Total core grants and donations
receivable|35,651|251,642||287,293||330,547|
|n 2020, 2295,607ofincome from donations
f34,940as attributable
to unrestricted
funds.|and legacies was attributable||to the|restricted|fund and the remaining||
|INCOME FROM CHARITABLE ACTIVITIES|||||||
||Unrestricted|Restricted|||2021|2020|
||||||E||
|Culture
Mile London
Direct Action Project||||||2,106|
|Islington
Play Association
Thornhill
Primary School|||9,400||9,400|1,000
8,750|
||||9,400||9,400|11,856|
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|RESOURCES EXPENDED||||||
|---|---|---|---|---|---|
|||Direct|Support|||
|||costs
f.|costs
f.|2021
f.|2020
f|
|Raising funds:||||||
|Costs ofgenerating
voluntary|income||26,599|26,599|25,878|
|Charitable
activities:||||||
|Arts and Innovation||10,578|4,711|15,289|33,531|
|Young People and Families||93,154|60,817|153,971|201,255|
|Reducing
Isolation - Older People||39,845|32,656|72,501|86,206|
|Furloughed
Project Staff||19,563||19,563||
|Total resources expended||163,140|124,783|287,923|346,870|
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|SUPPORT|COSTS||||
|---|---|---|---|---|
||||2021|2020|
|||||f.|
|Governance
Staff costs
Finance|(note 6)||2,313
102,258
4|2,266
104,566
60|
|Depreciation|||933|1188|
|Office costs|||16,481|18,497|
|Travel||||76|
|Other|||2,794|11,330|
||||124,783|137,983|
|GOVERNANCE COSTS|||||
||||2021|2020|
||||Z||
|Independent|examiners'|fee|2,220|2,220|
|Other costs|||93|46|
||||2,313|2,266|
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|||2021|2020|
|---|---|---|---|
|Salaries and wages
Social security costs
Pension contributions||155,975
8,568
1,290|162,344
9,351
554|
|||165,833|172,249|
|Less: Costs directly related to projects||(63,575)|(67,683)|
|||102,258|104,566|
|The average
number ofemployees|was:|||
|Leadership/management
In-house project management||1.6
1.8|1.6
1.8|
|||3.4|3.4|
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|NET {EXPEN|DITURE)/INCOME
FOR THE YEAR|||
|---|---|---|---|
|This is stated|after charging|2021|2020f|
|Independent
Depreciation|examiners'
fee|2,220
933|2,220
1,188|
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||||||||
|---|---|---|---|---|---|---|
|11.|TANGIBLE FIXEDASSETS||||||
||||||Office||
||Cost||||Equipment
f||
||As at 1 April 2020
Additions||||29,045
5,038||
||As at 31 March 2021||||34,083||
||Depreciation||||||
||As at 1 April 2020||||24,283||
||Charge for year||||933||
||As at 31 March 2021||||25,216||
||Net BookValues||||||
||At 31 March 2021||||8,867||
||At 31 March 2020||||4,762||
|12.|DEBTORS||||||
||||||2021f|2020|
||Prepayments
and accrued||income||8,694|21,463|
|13.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||2021f|2020f|
||Accruals and deferred|income|||114,268|22,715|
|14.|DEFERRED INCOME||||||
||Balance at 1 April 2020
Amount
released to incoming
Amount
deferred
in year|||resources|2021f
16,926
(16,926)
104,617|2020f
70,389
(70,389)
16,926|
||Balance as at 31 March 2021||||104,617|16,926|
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||||Balance||||Balance|
|---|---|---|---|---|---|---|---|
||||31 March||||31 March|
||||2020|Income|Expenditure|Transfers
E|2021f|
|Word Festival/Outer
Arts Award||Space|10|24,400|(14,628)||9,772
10|
||||10|24,400|(14,628)||9,782|
|Yo
n
Peo le and Families||||||||
|BProject||||85,754|(85,711)||43|
|Inspire!/ReCreate||||72,443|(63,781)||8,662|
|||||158,197|(149,492)||8,705|
|Reducin|Isolation|||||||
|Saturday
Pause
ffKeeping|Socials
Connected||1,981|34,960
1,417
42,068|(26,503)
(2,622)
(41,174)||8,457
776
894|
||||1,981|78,445|(70,299)||10,127|
|F r||||19,563|(19,563)|||
||||1,991|280,605|(253,982)||28,614|
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||||||Balance
31 March
2019
f|Income
f|Expenditure
f|Transfers
f|Balance
31 March
2020f|
|---|---|---|---|---|---|---|---|---|---|
|Arts and|I|nov|tion|||||||
|Word Festival/Outer
Arts Award
NOMAD||||Space|28
10|19,750
13,000|(19,778)
(13,000)||10|
||||||38|32,750|(32,778)||10|
|Youn
P|o|le and||Families||||||
|BProject|||||113|100,119|(100,232)|||
|Inspire!/ReCreate
ReDesign|||||94
72|74,899
23,040|(74,993)
(23,112)|||
||||||279|198,058|(198,337)|||
|I
I||rP||I||||||
|Saturday|Socials||||31|59,655|(59,686)|||
|Pause|||||465|17,000|(15,484)||1,981|
||||||496|76,655|(75,170)||1,981|
||||||813|307,463|(306,285)||1,991|
|16.|UNRESTRICTED FUNDS||||||
|---|---|---|---|---|---|---|
|||Balance||||Balance|
|||31March
2020f|Income
f|Expenditure
f|Transfers
f|31March
2021|
||General reserve|32,777|35,651|(33,941)||34,487|
|16a.|UNRESTRICTED FUNDS —Prior year||||||
|||Balance
31March
2019|Income
f.|Expenditure
f|Transfers
f|Balance
31 March
2020f|
||General reserve|38,422|34,940|(40,585)||32,777|
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|The fun|ds ofthe charity are represented
by t|he following
net assets:|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|Tangible|fixed assets|8,867||8,867|
|Current|assets|45,031|123,471|168,502|
|Current|liabilities|(19,411)|(94,857)|(114,268)|
|||34,487|28,614|63,101|
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|The fund|s ofthe charity are repres|ented
by the followi|ng
net assets:|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
|Tangible|fixed assets||4,762||4,762|
|Current|assets||31,570|21,151|52,721|
|Current|liabilities||(3,555)|(19,160)|(22,715)|
||||32,777|1,991|34,768|
|OPERATING LEASE COMMITMENTS||||||
|The charity had total commitments||under an operating|lease as follows:|||
|Operating|leases which expire:|||2021f|2020
f.|
|Within one year
Between one and five years||||7,800
1,950|7,800
6,500|
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