2021-07-31-accounts

Trustees		Molly Kenyon (Chair)	Molly Kenyon (Chair)
		James Flood (Vice Chair)
		Martin Love
		David Servant
		Norman Roper
		Alex McLelland
		Victoria Jenkins
		Jamie Needle
		Stuart Herdson	(Appointed	23September 2021)
Charity number		511978
Principal address		Victoria Hall
		Victoria Road
		Shipley
		BD183JS
Registered	office	Victoria Hall
		Victoria Road
		Shipley
		BD183JS
Independent	examiner	Alison Whalley	FCA
		Naylor Wintersgill
		Carlton House
		Bradford
		BD1 4NS
Bankers		CAF Bank Ltd
		25 Kings Hill Avenue
		Kings Hill
		West Mailling
		Kent
		ME194JQ
		Shawbrook Bank
		Lutea House
		Warley Hill Business Park
		The Drive
		Great Warley
		Brentwood
		Essex CM13 3BE

			Page
Trustees' report			1-2
Independent examiner's		report
Statement offinancial	activities
Balance sheet
Notes to the financial	statements		6-14

				Unrestricted	Restricted	Total	Unrestricted
				funds	funds		funds
				2021	2021		2020
			Notes	F	f		F
Income from:
Donations and	legacies			34,173	83,647	117,820	25,000
Charitable activities				215,553		215,553	300,876
Investments				5,234		5,234	4,469
Total income				254,960	83,647	338,607	330,345
Ex enditure on:
Charitable activities				237,761	85,792	323,553	374,870
Net gains on investments			12	68,884		68,884	13,012
Net incoming/(outgoing)		resources before
transfers				86,083	(2,145)	83,938	(31,513)
Gross transfers	between	funds		(2,145)	2,145
Net movement	in funds			83,938		83,938	(31,513)
Fund balances	at 1 August 2020			626,489		626,489	658,002
Fund balances	at 31July 2021			710,427		710,427	626,489

					2021		2020
				Notes	F		F
Fixed assets
Tangible assets				13		175,236		184,278
Investments				14		449,698		384,086
						624,934		568,364
Current assets
Debtors				15	74,427		37,018
Cash at bank	and	in	hand		120,916		83,112
					195,343		120,130
Creditors: amounts			falling due within
one year				16	(109,850)		(62,005)
Net current assets						85,493		58,125
Total assets	less	current liabilities				710,427		626,489
Income funds
Unrestricted	funds					710,427		626,489
						710,427		626,489

		Unrestricted	Restricted	Total	Unrestricted
		funds	funds		funds
		2021	2021	2021	2020
Grant listed below		34,173	83,647	117,820	25,000
Grants receivable for	core activities
Bradford Metropolitan	District Council	34,173		34,173	25,000
Town Fund			83,647	83,647
		34,173	83,647	117,820	25,000

		Salts and	Victoria Hall	Total	Salts and	Victoria Hall	Total
		Exhibition		2021	Exhibition		2020
		Buildings			Buildings
		2021	2021		2020	2020
		F	F		F	F
Charitable	rental
income		115,238	100,315	215,553	113,866	187,010	300,876

		Unrestricted	Unrestricted
		funds	funds
		2021	2020
		F
Income	from listed investments	5,005	4,284
Interest	receivable	229	185
		5,234	4,469

			2021	2020
			F	F
Depreciation	and impairment		9,042	9,042
Staff costs			100,691	157,221
Event costs			772	3,834
Repairs and	maintenance		8,915	23,069
Improvement	costs		85,792	72,330
Rates, utilities and insurance			52,062	58,460
Cleaning			26,753	22,732
Office costs			5,854	4,754
Management	fees		16,420	18,587
Marketing			757	2,684
Sundry			663	1,313
VAT recoverable			(1,088)	(13,756)
			306,633	360,270
Grant funding	ofactivities (see note 7)		2,000	500
Share ofsupport costs (see note 8)			10,633	8,791
Share ofgovernance		costs (see note 8)	4,287	5,309
			323,553	374,870
Analysis by	fund
Unrestricted	funds		237,761	374,870
Restricted funds			85,792
			323,553	374,870

							2021	2020
							f.	F
Grants to	institutions:
Saltaire Village Society - Christmas			tree event costs					500
Saltaire Festival							2,000
							2,000	500
Support	costs
		Support Governance			2021	Support	Governance	2020
		costs		costs		costs	costs
			f			f
Investment management
costs		3,778			3,778	3,516		3,516
Bank charges			81		81	74		74
Management fees		6,774			6,774	5,201		5,201
Legal and	professional			216	216		2,233	2,233
Independent examiners
fees				2,100	2,100		2,100	2,100
Trustees	indemnity
insurance				626	626		596	596
Clerks fees				1,345	1,345		380	380
		10,633		4,287	14,920	8,791	5,309	14,100
Analysed	between
Charitable	activities	10,633		4,287	14,920	8,791	5,309	14,100

				Unrestricted	Unrestricted	Unrestricted
				funds		funds
				2021		2020
					F
	Revaluation of investments			45,757		11,579
	Gain/(loss)	on sale of	investments	23,127		1,433
				68,884		13,012
13	Tangible	fixed assets
				Freehold		buldings
	Cost
	At 1 August 2020					555,000
	At 31 July	2021				555,000
	Depreciation and impairment
	At 1 August 2020					370,722
	Depreciation charged		in the year			9,042
	At 31 July	2021				379,764
	Carrying	amount
	At 31 July	2021				175,236
	At 31 July	2020				184,278

Fixed ass	et investments
		Listed	Cash in	Total
		investments	portfolio
		F
Cost or valuation
At 1 August 2020		367,133	16,953	384,086
Additions		41,999	(41,999)
Valuation	changes	45,757		45,757
Withdrawals			(4,500)	(4,500)
Charges			(3,777)	(3,777)
Dividends	and interest		5,005	5,005
Disposals		(5,533)	28,660	23,127
At 31 July	2021	449,356	342	449,698
Carrying	amount
At 31 July	2021	449,356	342	449,698
At 31 July	2020	367,133	16,953	384,086

15	Debtors
					2021	2020
	Amounts falling due		within one year:
	Trade debtors				3,143	6,868
	Other debtors				49,587	29,644
	Prepayments	and accrued income			21,697	506
					74,427	37,018
16	Creditors: amounts		falling due within one year
					2021	2020
				Notes
	Other taxation	and social security				321
	Deferred income			17	65,008	49,734
	Trade creditors				17,271	1,221
	Other creditors				18,890
	Accruals				8,681	10,729
					109,850	62,005

2021	2020
F	F
65,008	49,734

		Movement		Movement in funds	Movement in funds
		in funds
		Incoming	Balance at	Incoming	Resources	Transfers	Balance at
		resources	1 August 2020	resources	expended		31July 2021
		F	F		F	F	F
Capital works,
refurbishment	ofVictoria
Hall				83,647	(85,792)	2,145
				83,647	(85,792)	2,145