2021-03-31-accounts

					2021	2020
				Art
		Jnrestricted	Restricted	Council	Total	Total
		Hind	fund	(irant	I'unds	funds
	Notes	t	£	t	t	i
INCOME AND
ENDOWMENTS FROM
Donationsandlegacies		24,165		37,566	61,731	4,550
Other tradingactivities		69,469		_	69.469	82.067
Investmentincome		55		-	55	75
Total		93.689		37.566	131,255	86,692
EXPENDITURE ON
Raisingfunds		25.518			25.518
Charitable activities
Activity		49,462		37.566	87.028	91,788
Total		74,9X0		37,566	1 2,546	9 1,788
NET
INCOME/(EXPENDITURE)		18,709			18,709	(5.096)
RECONCILIATION OF
FUNDS
Total funds brought forward		188,730			188,730	193,826
TOTAL FUNDS CARRIED
FORWARD		207,439			207.439	188.730

					2021	2020
				Art
		Unrestricted	Restricted	Council	Total	Total
		fund	fund	Grant	funds	funds
	Notes	£	£	£	£	£
FIXED ASSETS
Tangibleassets	8	151,216	-	-	151.216	155.359
CURRENTASSETS
Debtors	9	5,132	-	-	5.132	2,715
C'ashatbankand inhand		75,528	-	7,434	82,962	32,311
		80,660	-	7.434	88,094	35,026
CREDITORS
Amountsfallingduewithinone
year	10	(24.437)	-	(7,434)	(31,871)	(1.655;
NET CURRENT ASSETS		56.223	-	-	56,223	33,371
TOTAL ASSETS LESS
CURRENT LIABILITIES		207,439	-	-	207.439	188.73(1
NETASSETS		207.439	-	-	207,439	188.730
FUNDS	I I
Unrestrictedfunds					207.439	188730
TOTAL FUNDS					207,439	188,730

2.	OTHER TRADING ACTIVITIES
		2021	2020
		£	£
	ArtCentreActivities	5.082	38,894
	RoomIcttings	26,974	25,171
	Craftworkshopoperations	-	18,002
	CafeSales	37.413
		69.469	82.067
3.	INVESTMENT INCOME
		2021	2020
		£	£
	Investment income	55	75
4.	NET INCOME/(EXPENDITUKE)
	Netincomc/(cxpendiuirc)isstatedaftercharging/(crediting):
		2021	2020
		£	£
	Depreciation-ownedassets	4,667	4,667

	2021	2020
Administration	1	]
Security	1	]
CafeStaff	1

					Art
	Unrestricted		Restricted	Council		Total
	fund		fund	Grant		funds
	£		£		£	£
INCOME AND ENDOWMENTS FROM
Donationsandlegacies	4,550					4,550
Othertradingactivities	82,067					82,067
Investmentineome		75				75
Total	86,692					86,692
EXPENDITURE ON
Charitable activities
Activity	91,788					91,788
NET INCOME/(EXPENDITURE)	(5,096)					(5,096)
Transfers between funds	15,715		(15,715)
Net movement in funds			(15,715)			(5,096)
RKCONCILIATION OF FUNDS
Total funds brought forward	178,1		15.715			193,826
TOTAL FUNDS CARRIED FORWARD	188,730					188.730
TANGIBLE FIXEDASSETS
				Improvements
			Freehold	to		Plantand
			property	property		machinery
			£	£		£
COST
At 1April2020			106,734	45,313		2,102
Additions						524
At31March2021			106,734	45,313		2,626
DEPRECIATION
At 1April 2020			6,404	2,115		1,131
Chargeforyear			2,135	906		108
At31March2021				3,021		1,239
NET BOOK VALUE
At31March2021			98,195	42,292		1,387
At31March 2020			100.330	43,198		971

8.	TANGIBLE FIXED ASSETS - continued
		Fixtures
		and	Computer
		fittings	equipment	Totals
		£	£	£
	COST
	AtIApril2020	51,215	2,767	208,131
	Additions			524
	At31March2021	51,215	2,767	208,655
	DEPRECIATION
	At IApril2020	41,117	2,005	52,772
	Chargeforyear	1.122	396	4,667
	At31March2021	42,239	2,401	57,439
	NET BOOK VALUE
	At31March2021	8,976	366	151,216
	At31March2020	10,098	762	155,359
9.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2021	2020
			£	£
	Other debtors		1,255	650
	VAT		3,877	2,065
			5,132	2,715
10.	CREDITORS: AMOUNTS PALLING DUE WITHIN ONE YEAR R
			2021	2020
			£	£
	Othercreditors		10,845	755
	Accruedexpenses		21,026	900
			31,871	1,655
11.	MOVEMENT IN FUNDS
			Net
			movement	At
		At1.4.20	infunds	31.3.21
		£	£	£
	Unrestricted funds
	General fund	188,730	18,709	207.439
	TOTAL FUNDS	188,730	18.709	207,439

		Incoming	Resources	Movement
		resources	expended	infunds
		£	£	£
Unrestrictedfunds
Generalfund		93.689	(74.980)	18,709
Restrictedfunds
ArtCouncil Grant		37,566	(37,566)	-
TOTALFU1NDS		131.255	(112.546)	18.709
Comparativesformovementinfunds
		Net	Transfers
		movement	between	At
	At1.4.19	infunds	funds	31.3.20
	£	£	£	£
Unrestrictedfunds
(icneralfund	178,111	(5.096)	15.715	188.730
Restrictedfunds
LiftGrant	15,715		(15,715)	-
TOTALFUNDS	193,826	(5,096)	-	188.730
Comparativenetmovementinfunds,included	intheaboveare asfollows:
		Incoming	Resources	Movement
		resources	expended	infunds
		£	£	£
Unrestrictedfunds
General fund		86,692	(91,7X8)	(5.096)
TOTALFUNDS		86.692	(91.788)	(5,096)

		Net	Transfers
		movemenl	betueen	At
	At1.4.10	infunds	funds	31.3.21
	£	£	£	£
Unrestrictedfunds
Generalfund	178.111	13.613	15.715	207.439
Restricted funds
I,illGram	15,715	-	(15.715)	-
TOTAL FUNDS	1<J3.826	13.613	-	207.439

	Incoming	Resources	Movement
	resources	expended	infunds
	£	i	£
Unrestricted funds
Generalfund	180.381	(166,768	13,613
Restricted funds
ArtCouncilGrant	37,566	(37,566)
TOTAL FUNDS	217,947	(204,334	13,613

DetailedStatementofFinancialActivities lortheYearEnded31March2021
	2021	2020
		t
INCOME AND ENDOWMENTS
Donations and legacies
Donationsandgifts	3,953	4.530
Grants	57.778
Subscriptions		20
	61.731	4,550
Other trading activities
ArtCentreActivities	5.082	38,894
Roomlettings	26.974	25,171
Craftworkshop operations		18.002
Cafe Sales	37.413
	69.469	82.067
Investment income
Investmentincome	55	75
Total incoming resources	131.255	86.692
EXPENDITURE
Other trading activities
Purchases	IS.195
Wages	6,811
Socialsecurity	452
Pensions	60
	25,5IK
Charitable activities
Caretakercosts	3.224	7,070
Rent,ratesandwater	8,160	10.314
Insurance	4,615
Lightandheat	7,213	5.076
Telephone	812	1,335
PPS	199	645
Advertisingandwebsitecosts	1.010	2.615
Sundryexpenses	1.766	546
Maintenanceandcleaning	6.149	13.942
ArtsCentreActivitiesCosts	1,206	9.417
Freeholdproperty	2,135	2,135
Improvementstoproperty	906	90d
Plantandmachinery	108	108
Fixturesandfittings	1,122	1.122
Computerequipment	396	396
	39.021	57.740

DelailcdStatementofIMnancialActivities lortheYearHnded31March2021
	2021	2020
	£	£
Support costs
Finance
Bankcharges	647	364
(Governance costs
Wages	39,575	30,575
Pensions	987	694
Accountancylees	1,444	1,754
Legalfees
Professionalfees	5,354	574
	47,360	33,6*4
Totalresourcesexpended	112,546	91,7X8
\etincome/(expenditure)	18,709	(5,096)