| F | or the ye | ar ended 31Marc | h 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Income | Note | Unrestricted | Restricted | Total | Total | ||||
| Funds | Funds | Funds | Funds | ||||||
| 2021 | 2021 | 2021 | 2020 | ||||||
| Grants and donations | 86 503 | 63,421 | 149924 | 138 | 036 | ||||
| Sales and rental income | 52,151 | 52, | 151 | 124,829 | |||||
| Westminster City Council - Rates |
21,118 | 21,118 | |||||||
| Grant | |||||||||
| HMRC Furlou h claim |
25,092 | 25 092 | |||||||
| Bank incentive a ment |
4,000 | 4000 | |||||||
| Interest receivable | 1,513 | 1 513 | 938 | ||||||
| Gift Aid | 1,250 | 1 250 | 46 | ||||||
| Insurance Claim |
|||||||||
| Total Income | 166535 | 88,513 | 255 048 | 265,589 | |||||
| Ex enditure | |||||||||
| Pro ammes and StaffCosts |
93587 | 68,541 | 162 | 128 | 171 | 839 | |||
| Travel costs | 379 | 67 | 446 | 528 | |||||
| Accommodation costs |
47,862 | 8447 | 56,309 | 76,315 | |||||
| Administration ex |
uses | 12 195 | 12 | 195 | 13 | 494 | |||
| De reciation | 4 48 | ||||||||
| Total Ex enditure | 158771 | 103847 | 262 | 618 | 295 | 50 | |||
| e6cit For the | ear | 7,764 | -15334 | -7 | 570 | -29,761 | |||
| Reserves / Building |
Fund | 115441 | 1061602 | 1177 | 043 | ~106 | 804 | ||
| Brou ht Forward | |||||||||
| Reserves / Building | Fund | ~123 05 | ~1046 68 | 1 169 | 473 | 1 177 | 043 | ||
| Carried Forward |
|||||||||
| Without de reciation | |||||||||
| Su Ius/ eficit |
For the | ear | 12+12 | 11458 | 23 | 970 | 3 | 413 |
| Paddhgton | Paddhgton | Arts | ||||||
|---|---|---|---|---|---|---|---|---|
| Balance | Sheet | |||||||
| 31hitch | 202I1 | |||||||
| Note | 2020 | |||||||
| Axed Assets | 907,187 ' | 918,704 | ||||||
| Current Assets | ||||||||
| Cash at bank | 332 | 2@/ | 312.694 | |||||
| Debtors | 9Sl | |||||||
| 34c | 187 | 333,793 | ||||||
| Current LlahOities | ||||||||
| Creditors | 75.4S4 | |||||||
| .1 97. | ||||||||
| Funtls ofthe | Charltv | |||||||
| Unrestricted | Reserves | 9 | i | 1~~305 | 115,441 | |||
| Restricted Resin es | ||||||||
| 3JJliRAE |
| Em | lo ees Contd. For the yea |
r ended 31March 2021 |
|
|---|---|---|---|
| 2021 | 2020 | ||
| Wages and | salaries | 109,775 | 109,893 |
| Employer's | NIC | 6,792 | 7,168 |
| Employers | Pension Contribution | 1 334 | 1 248 |
| 117 0 |
| P~ro'ects | P~ro'ects | Unrestricted | Restricted | Total | Total Funds |
|---|---|---|---|---|---|
| Funds | |||||
| Funds | Funds | 2021 | 2020 | ||
| Youth Mentorin | ro'ect | 2,769 | 8,306 | 11075 | 8020 |
| Mindfulness | 120 | 360 | 480 | ||
| Im act Dance Foundation | 250 | 750 | 1,000 | ||
| Annual% Summer |
Shows | 54 | 54 | 2 756 | |
| Christmas 5.winter | Shows | 922 | 2,768 | 3,690 | 1,640 |
| LDNF - Let's Dance Not Fi ht | 393 | 1 179 | 1 572 | 2 563 | |
| Residential Farm Tri |
3,202 | ||||
| Web Pro ect &Youth Arts Website | 75 | 75 | 145 | ||
| Refreshments | 112 | 112 | |||
| Half- term / Summer Pro'ects | 3,065 | ||||
| Milkshake disco |
1 651 | ||||
| Arts Awards | |||||
| AGM | 191 | ||||
| Paddington Festival |
220 | ||||
| Poe Slam |
1,250 | ||||
| Volunteer ex enses | 40 |
| . Fixed Assets |
|||||||
| Land 8c | ~Buildin- | New | ~Workeho | Office | Total | ||
| ~Buddin 4- |
~Di itel | ~Buddin | EttuEiment | ~Eui | ment | ||
| Main | New Room | ~Develo | |||||
| ment | |||||||
| Cost - 1April 2020 | |||||||
| Brought forward | 1,248,496 | 181,125 | 163,377 | 51,885 | 1,644,883 | ||
| Additions | 16995 | 1 595 | 1 433 | 20 023 | |||
| 1 248 496 | 181 125 | 16995 | 164972 | 53 318 | 1 664906 | ||
| Depreciation —1April 2020 |
|||||||
| Brought forward | 492,023 | 34,863 | 158,518 | 40,775 | 726,179 | ||
| Charged in the year |
23 170 | 3 622 | 1 620 | 4 762 | 33 174 | ||
| 515,193 | 38,485 | 160,132 | 43,909 | 775,719 | |||
| Net book value | |||||||
| 31March 2021 | 147~64). | ||||||
| 31March 2020 | ~~2 | p2 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | |||
| Rental 4 | Other Income | 3,389 | 3,389 | 21,015 | ||
| Prepayments | 4,554 | 4,554 | 84 | |||
| Amounts | due from | HMRC | 3,473 | 3,473 | ||
| Other Debtors | ~156 |
| . Creditors - du |
e | within one | ear | ear | ear | |||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| Funds | Funds | 2021 | 2020 | |||||
| Deferred income | see below | 31534 | 13504 | 45 038 | 54400 | |||
| Trade Creditors | 24,414 | 24,414 | 4,289 | |||||
| Amounts due to HMRC |
2,528 | 2,528 | 2,837 | |||||
| Accruals | ||||||||
| ~1M4 | ||||||||
| 8 Creditors |
- due within | one | ear | Contd | ||||
| Unrestricted | Restricted | Total | Total | |||||
| Funds | Funds | 2021 | 2020 | |||||
| Deferred income | ||||||||
| Youn Westminster |
Foundation | 12,733 | 2$,67 | 15,000 | ||||
| London Youth / Burbe | 975 | 5,525 | 6,500 | |||||
| Ward Bud et: Arts | &Health | 5,738 | 1,012 | 6,750 | ||||
| Jack Petche | 4,700 | 4,700 | ||||||
| John L ons | 35,000 | |||||||
| Arts Council ofEn | land | 19400 | ||||||
| Sub-total | 19,446 | 13,504 | 32,950 | 54,400 | ||||
| Office rental, rates | etc. | 12 88 |
||||||
| Total |
| 9 Reserves | Unrestricted | Restricted | 2021 | 2020 |
|---|---|---|---|---|
| Reserves | Reserves | Total | Total | |
| Balance 01 April 2020 | 115,441 | 1,061,602 | 1,177,043 | 1,206,804 |
| Surplus /(Deficit) For the year | 7764 | -15334 | -7570 | -29 761 |
| Balance at 31March 2021 |
| Buildin | Reserve | 590,640 | Crisis Reserve | F25 000 | ||
|---|---|---|---|---|---|---|
| Equipment Replacement |
Reserve | f,15,000 | Specific Project Reserve | 810,000 | ||
| Specific | Organisation | Reserve | $50,000 |
| E~xeediture | Note | Unrestricted | Restricted | Total Funds | Total Funds | |
|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | |||
| Programmes and |
Staffcosts | |||||
| Staffcosts | 70,741 | 47,160 | 117,901 | 118,309 | ||
| Fees paid to tutors | 5,958 | 7,282 | 13,240 | 21,928 | ||
| Workshop expenses |
9,612 | 9,612 | 2,730 | |||
| Project Costs | sa | 4,695 | 13,363 | 18,058 | 25,191 | |
| Publicity | 1,414 | 606 | 2,020 | 2,056 | ||
| Training | I 167 | 130 | I 297 | 1 625 | ||
| 93,587 | 68~1 | 162,128 | 171,839 | |||
| Accommodation | and rent | |||||
| Light, heat &Water Rates | 4,780 | 844 | 5,624 | 9,969 | ||
| Rates | 6,655 | |||||
| Tele hone | 1,263 | 223 | 1,486 | 2,020 | ||
| Insurance | 3,972 | 701 | 4,673 | 4,560 | ||
| Cleaning | 17,497 | 3,088 | 20,585 | 24,050 | ||
| Caretakers | 957 | 169 | 1,126 | 5,353 | ||
| Repairs and renewals | 5b | 3422 | W5U | |||
| 47,862 | 8,447 | 56/09 | 76@15 | |||
| Travel and meetings | 379 | 67 | 446 | 528 | ||
| Administration | ||||||
| Postage and stationery | 878 | 878 | 972 | |||
| Bank charges | 524 | 524 | 1,201 | |||
| Professional fees |
745 | 745 | 581 | |||
| Accountants Remuneration |
4,836 | 4,836 | 3,900 | |||
| General expenses | 484 | 484 | 388 | |||
| Affiliation fees |
1,061 | 1,061 | 887 | |||
| Equipment Repairs |
915 | 915 | ||||
| Computer itt, Website |
maintenance | 2,001 | 2,001 | 3,825 | ||
| Bad Debts | 751 | 751 | ||||
| Cash Stolen | 1 740 | |||||
| 12,195 | 12,195 | 13,494 | ||||
| Depreciation | 4 748 | 26 792 | ||||
| Total expenditure |
| For the year ended 31 | March 2021 | ||||
|---|---|---|---|---|---|
| Grants and Donations | Unrestricted | Restricted | Total | Total Funds | |
| Funds | |||||
| Funds | Funds | 2021 | 2020 | ||
| Arts Council ofEngland | 4,123 | 727 | 4,850 | 43,650 | |
| John Lyons | 35,000 | ||||
| Deferred fund brought forward | 47,115 | 7,285 | 54,400 | 9,670 | |
| Lottery - Reaching Communities | 11,832 | 27,607 | 39,439 | 29,520 | |
| City ofLondon | 8,480 | 1,497 | 9,977 | ||
| Cloth workers FClothfound | 15,000 | ||||
| Westminster City Council: |
|||||
| Young Westminster Foundation |
25,466 | 4,494 | 29,960 | 18,751 | |
| Young Westminster Foundation —The |
1,245 | 7,055 | 8,300 | ||
| London Communi | |||||
| London Youth / Burberry | 1,950 | 11,050 | 13,000 | ||
| Ward Budget: Arts &Health | 5,738 | 1,012 | 6,750 | 5,400 | |
| YWF (Brighter Futures) | 9,845 | ||||
| Rose Foundation | 5,000 | 5,000 | 5,000 | ||
| Jack Petchey | 6,198 | 6,198 | 1,500 | ||
| Westminster Amalgamated |
Charity | 5,000 | 5,000 | ||
| BBCChildren in Need |
10,000 | ||||
| Young Westminster SGF |
4,000 | ||||
| Church Urban Fund | 4,100 | ||||
| Hewitsons LLP |
|||||
| 105,949 | 76,925 | 182,874 | 192,436 | ||
| Less deferred to 2021/2022 | 544 0 | ||||
| 86 03 | 63421 | 149924 | 138036 | ||
| Self-generated Income |
|||||
| Office Rental | 30515 | 30515 | 13785 | ||
| Hire ofe ui ment | 1 110 | 1 110 | 2 338 | ||
| Lettin s |
12965 | 12965 | 98451 | ||
| Fees and sales | 520 | 520 | 26 | ||
| Pro'ect &Events | 1,184 | ||||
| S onsorshi &Donations |
7 041 | 7041 | 8445 | ||
| Membershi fees |
600 | ||||
| 52 151 | 52 151 | 124829 | |||
| Other Recei ts | |||||
| Westminster Ci Council -Rates |
21 118 | 21 118 | |||
| HMRC Furlou claim |
25 092 | 25,092 | |||
| Bank incentive a ment |
4 000 | 4000 | |||
| Insurance Claim |
1 740 | ||||
| GiA Aid | 1 250 | 1 250 | 46 | ||
| Bank interest receivable | |||||
| sub-total other recei ts |
|||||
| Total Income |