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|---|---|---|---|---|
|Reference and administrative||details ofthe Company,|its Trustees and advisers||
|Trustees' report||||2-8|
|Independent
auditors'|report|on the financial statements||9-12|
|Statement offinancial|activities|||13|
|Balance sheet||||14|
|Notes to the financial|statements|||15-34|
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
||||Note|2021
f.|2021
f.|2021f|2020f|
|Income from:||||||||
|Donations
and legacies||||93,110|5,000|98,110|94,980|
|Charitable
activities||||40,616|137,287|177,903|82,308|
|Other trading
activities||||10,134||10,134|56,982|
|Investments||||52,591||52,591|64,923|
|Total income||||196,451|142,287|338,738|299,193|
|Expenditure
on:||||||||
|Raising funds||||7,816||7,816|12,019|
|Charitable
activities||||192,457|27,521|219,978|315,958|
|Total expenditure||||200,273|27,521|227,794|327,977|
|Net (expenditure)/income||before net||||||
|gains/(losses)
on|investments|||(3,822)|114,766|110,944|(28,784)|
|Net gains/(losses)|on investments|||169,570||169,570|(133,353)|
|Net income/(expenditure)||||165,748|114,766|280,514|(162,137)|
|Transfers
between|funds||20|(857)|857|||
|Net movement
in|funds before other|||||||
|recognised
gains/(losses)||||164,891|115,623|280,514|(162,137)|
|Other recognised|gains/(losses):|||||||
|Losses on revaluation
offixed assets||||(19,300)||(19,300)||
|Net movement
in|funds|||145,591|115,623|261,214|(162,137)|
|Reconciliation
of|funds:|||||||
|Total funds
brought|forward|||3,289,545|67,820|3,357,365|3,519,502|
|Net movement
in funds||||145,591|115,623|261,214|(162,137)|
|Total funds carried forward||||3,435,136|183,443|3,618,579|3,357,365|
##
|||||||2021||2020|
|---|---|---|---|---|---|---|---|---|
|||||Note||6|||
|Fixed assets|||||||||
|Tangible assets||||13||1,809,299||1,820,613|
|Heritage assets||||14||10,700||30,000|
|Investments||||15||1,629,381||1,466,981|
|||||||3,449,380||3,317,594|
|Current assets|||||||||
|Stocks||||16|800||||
|Debtors||||17|15,828||13,721||
|Cash at bank|and|in hand|||186,631||58,846||
||||||203,259||72,567||
|Creditors: amounts||falling|due within one||||||
|year||||18|(34,060)||(32,796)||
|Net current|assets|||||169,199||39,771|
|Total assets|less|current|liabilities|||3,618,579||3,357,365|
|Total net assets||||||3,618,579||3,357,365|
|Charityfunds|||||||||
|Restricted
funds||||20||183,443||67,820|
|Unrestricted|funds|||20||3,435,136||3,289,545|
|Total funds||||||3,618,579||3,357,365|
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|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021|2021|2021|
|||||6|6||
|Donations|||||||
|Friends of Pushkin||House||5,929||5,929|
|Other Donations||||8,393|5,000|13,393|
|Grants|||||||
|Polonsky
Foundation||||6,000||6,000|
|Grant incorrectly recorded|||in 2019/20|(4,870)||(4,870)|
|Government
grants|||||||
|Furlough
Income||||10,176||10,176|
|Business Rates|Grant|||67,482||67,482|
|Total 2021||||93,110|5,000|98,110|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2020|2020|2020|
|||||6|6|6|
|Donations|||||||
|Friends of Pushkin||House||7,218||7,218|
|Other donations||||6,892|22,620|29,512|
|Grants|||||||
|Poetry Residency|||||14,000|14,000|
|Polonsky
Foundation|||||19,965|19,965|
|Douglas
Smith|&Stephanie||Ellis-Smith||17,627|17,627|
|Sponsorship||||1,025||1,025|
|Government
grants|||||||
|Furlough
income||||5,633||5,633|
|Total 2020||||20,768|74,212|94,980|
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||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2021|2021|2021|
||||||6|8||
||Room rental|and facilities for cultural||activities|4,328||4,328|
||Tickets for cultural
events||||26,351||26,351|
||Sales ofart, books and magazines||||9,897||9,897|
||Bar and drink|sales||||||
||Other cultural|projects|||40|42,969|43,009|
||Donation for|building||||94,318|94,318|
||||||40,616|137,287|177,903|
|||||||Unrestricted|Total|
|||||||funds|funds|
|||||||2020f|2020
6|
||Room rental|and facilities for cultural||actvities||35,809|35,809|
||Tickets for cultural events|||||35,885|35,885|
||Sales ofart, books and magazines|||||7,568|7,568|
||Bar and drink|sales||||1,577|1,577|
||Other cultural|event income||||1,469|1,469|
|||||||82,308|82,308|
|5.|Income from other trading||activities|||||
||Income from fundraising||events|||||
|Unrestricted|Total|
|---|---|
|funds|funds|
|2021|2021|
|6|F|
|10,134|10,134|
##
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||Income fro|m fundraising
events (continued)|||
|---|---|---|---|---|
||||Unrestricted|Total|
||||funds|funds|
||||2020|2020|
||||E|6|
||Commercial|room rental|56,982|56,982|
|6.|Investment|income|||
||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2021|2021|
||6|E|
|Income from UK listed investments|52,572|52,572|
|Bank interest Receivable|19|19|
||52,591|52,591|
||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2020f|2020
6|
|Income from UK listed investments|64,881|64,881|
|Bank interest receivable|42|42|
||64,923|64,923|
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||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2021f|2021
8|
|Expenditure|relating Io|room rental|646|646|
|Investment|management|fees|7,170|7,170|
||||7,816|7,816|
||||Unrestricted|Total|
||||funds|funds|
||||2020|2020|
||||F||
|Expenditure|relating to|room rental|6,194|6,194|
|Investment|management|fees|5,825|5,825|
||||12,019|12,019|
##
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021f|2021|2021f|
|Charitable|Activities|192,457|27,521|219,978|
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|Unrestricted|Restricted|Total|
|---|---|---|
|funds|funds|funds|
|2020|2020|2020|
||6||
|284,601|31,357|315,958|
##
|Activities|||
|---|---|---|
|undertaken|Support|Total|
|directly|costs|funds|
|2021|2021|2021|
|9|E|E|
|122,231|97,747|219,978|
|Activities|||
|---|---|---|
|undertaken|Support|Total|
|directly|costs|funds|
|2020
6|2020
F|2020f|
|112,160|203,798|315,958|
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||||||||Total|
|---|---|---|---|---|---|---|---|
|||||||Activities|funds|
|||||||2021|2021|
|||||||F|6|
|Depreciation||||||11,315|11,315|
|Cultural
programme||costs||||30,892|30,892|
|Rates, Insurance,|security|||||36,178|36,178|
|Cleaning,
Maintenance,|||energy|||11,704|11,704|
|IT, office equipment,||telephone,||stationary,|postage|13,821|13,821|
|Professional fees|and||consultancy|||1,037|1,037|
|Other financial costs||||||1,284|1,284|
|Other costs||||||1,903|1,903|
|Governance
costs||||||14,097|14,097|
|||||||122,231|122,231|
||||||||Total|
|||||||Activities|funds|
|||||||2020|2020|
|||||||6||
|Depreciation||||||12,897|12,897|
|Cultural
programme||costs||||26,710|26,710|
|Rates, insurance,|security|||||11,785|11,785|
|Cleaning,
maintenance,|||energy|||14,915|14,915|
|IT, office equipment,||telephone,||stationary,|postage|10,166|10,166|
|Professional fees|and||consultancy|||22,083|22,083|
|Other financial costs||||||2,104|2,104|
|Other costs||||||6,350|6,350|
|Governance
costs||||||5,150|5,150|
|||||||112,160|112,160|
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||||Total|
|---|---|---|---|
|||Activities|funds|
|||2021|2021|
||||6|
|Staff costs||59,530|59,530|
|Speaker and Artist Fees||3,666|3,666|
|Book Prize||16,582|16,582|
|Music Festival||5,939|5,939|
|Other Event Expenses||6,240|6,240|
|Fundraising|and Development|(610)|(610)|
|Artists and|Curators|6,400|6,400|
|||97,747|97,747|
||||Total|
|||Activities|funds|
|||2020
6|2020f|
|Staff costs||159,128|159,128|
|Speaker and Artist Fees||19,171|19,171|
|Other Event Expenses||4,128|4,126|
|Fundraising|and Development|10,548|10,548|
|Artists and|Curators|10,825|10,825|
|||203,798|203,798|
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|Staff costs||||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||6||
|Wages and|salaries|||57,956|146,115|
|Social security costs||||926|10,639|
|Contribution|to defined|contribution|pension schemes|649|2,374|
|||||59,531|159,128|
|2021|2020|
|---|---|
|No.|No.|
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|||Freehold|Fixtures and||
|---|---|---|---|---|
|||property
f|fittings
5|Total
5|
||Cost or valuation||||
||At 1 July 2020|1,938,007|108,356|2,046,363|
||At 30June 2021|1,938,007|108,356|2,046,363|
||Depreciation||||
||At 1 July 2020|121,057|104,693|225,750|
||Charge for the year|9,082|2233|11,315|
||At 30June 2021|130,139|106,926|237,065|
||Net book value||||
||At 30June 2021|1,807,868|1,430|1,809,298|
||At 30June 2020|1,816,950|3,663|1,820,613|
|14.|Heritage assets||||
||Assets recognised at valuation||||
|||||Heritage|
|||||assets|
|||||2021|
||Carrying
value at 1 July 2020|||30,000|
||Revaluation|||(19,300)|
|||||10,700|
##
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|||Listed|
|---|---|---|
|||investments|
|||6|
||Cost or valuation||
||At1 July2020|1,466,981|
||Additions|75,977|
||Disposals|(68,047)|
||Revaluations|156,934|
||Movement
in capital and cash account|(2,464)|
||At 30June 2021|1,629,381|
||Net book value||
||At 30June 2021|1,629,381|
||At 30June 2020|1,466,981|
||Historical cost at 30June 2021 2699,976.||
|16.|Stocks||
|16.|Stocks||||
|---|---|---|---|---|
||||2021|2020|
||||6||
||Finished goods and goods for resale||800||
|17.|Debtors||||
||||2021|2020|
||Due within one year||||
||Trade debtors||6,123|4,123|
||Prepayments|and accrued income|9,705|9,598|
||||15,828|13,721|
##
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##
|||2021|2020|
|---|---|---|---|
|||6|6|
|Trade creditors||9,227|3,282|
|Other taxation and social security||17,558|19,667|
|Other creditors||2,525|2,547|
|Accruals and deferred|income|4,750|7,300|
|||34,060|32,796|
##
|||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||6|6|
|Financial|assets|||||||||||
|Financial|assets|measured|at|fair|value|through|income|and|expenditure|186,631|58,846|
##
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||||||||Balance at|
|---|---|---|---|---|---|---|---|
||Balance at 1||||Transfers|Gains/|30June|
||July 2020f|Income
6|Expenditure|f|in/out
6|(Losses)|2021
6|
|Unrestricted||||||||
|funds||||||||
|General Funds|3,259,545|196,451|(200,273)||(857)|169,570|3,424,436|
|Revaluation||||||||
|reserve|30,000|||||(19,300)|10,700|
||3,289,545|196,451|(200,273)||(857)|150,270|3,435,136|
|Restricted||||||||
|funds||||||||
|Donations|14,086|5,000|(5,000)||||14,086|
|Grants|14,000||||||14,000|
|Book Prize|11,237|21,386|(16,582)||||16,041|
|Poetry residency|28,497||||||28,497|
|Music Festival||5,082|(5,939)||857|||
|Piano Appeal||16,501|||||16,501|
|Building||||||||
|Development||94,318|||||94,318|
||67,820|142,287|(27,521)||857||183,443|
|Total offunds|3,357,365|338,738|(227,794)|||150,270|3,618,579|
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|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at|||Gains/|30June|
|||1 July 2019|Income|Expenditure|(Losses)|2020|
|||||F|5||
|Unrestricted|funds||||||
|General
Funds||3,464,537|224,981|(296,620)|(133,353)|3,259,545|
|Revaluation|reserve|30,000||||30,000|
|||3,494,537|224,981|(296,620)|(133,353)|3,289,545|
|Restricted|funds||||||
|Donations|||22,620|(8,534)||14,086|
|Grants|||14,000|||14,000|
|Book Prize||5,000|17,627|(11,390)||11,237|
|Poetry residency||19,965|19,965|(11,433)||28,497|
|||24,965|74,212|(31,357)||67,820|
|Total offunds||3,519,502|74,212|(327,977)|(133,353)|3,357,365|
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||||||Balance at|
|---|---|---|---|---|---|
||Balance at|||Gains/|30June|
||1 July 2019|Income|Expenditure|(Losses)|2020|
||5|5|F|6|6|
|General funds|3,494,537|224,981|(296,620)|(133,353)|3,289,545|
|Restricted funds|24,965|74,212|(31,357)||67,820|
||3,519,502|299,193|(327,977)|(133,353)|3,357,365|
##
|Analysis ofnet assets between funds - cur|rent year|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2021|2021|2021|
||8|F|8|
|Tangible fixed assets|1,809,299||1,809,299|
|Fixed asset investments|1,629,381||1,629,381|
|Heritage assets|10,700||10,700|
|Current assets|19,816|183,443|203,259|
|Creditors due within one year|(34,060)||(34,060)|
|Total|3,435,136|183,443|3,618,579|
||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2020|2020|2020|
|||6||
|Tangible fixed assets|1,820,613||1,820,613|
|Fixed asset investments|1,466,981||1,466,981|
|Heritage assets|30,000||30,000|
|Current assets|4,747|67,820|72,567|
|Creditors due within one year|(32,796)||(32,796)|
|Tl|3,289,545|67,820|3,357,365|
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