|||CONTENTS||
|---|---|---|---|
||||Page|
|Reference arid Admlnlstragvs||Inlsrmagon||
|Report ofthe Committee|of|Management||
|Independent
Examiner's|Report||to|
|Statement of Flnanrsal
Activities||||
|Balance Sheet|||12|
|Statement ofCash Flows||||
|Notes to the gnanrdal
statements|||14|
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||||Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|---|
|||Notes|funds
f,|fundsf|Total|Totalf|
|Income:|||||||
|Donations
and legacies|||||||
|Donations
and similar income|||||9,096|17,174|
|Income from charitable|activities||||||
|Contemporary
music festival|||||||
|Grants||2|342,773|26,816|369,589|452,972|
|Boxoffice and other festival income||3||||34,979|
|Building
Fundraising
Capacity|||||||
|Grants|||||||
|Learning
and Participation|programme||||||
|Grants||||2,417|2,417|3,000|
|Creative Europe (Sounds|Now Project)|||||51,308|
|Investment
Income|||||||
|Bank deposit interest|||46|||195|
|Total income|||351,915|23233|381146|553628|
|Expenditure|||||||
|Charitable
actlvltes:|||||||
|Contemporary
music festival|||147,030|26,816|173,848|439,718|
|Building Fundrsising
Capacity|||23,918||23,918|18,293|
|Learning and Participation|Programme||699|2,417|3,116|16,805|
|Festival and audience
development|||10,163||10,163|39,697|
|Sound Now Project||||10,910|10,910|1,682|
|Governance costs|||32,658||32,658|41,601|
|Total resources expended|||214 485|40.143|254,611|557 784|
|Net movement
in funds|||137,447|(10,910)|126,637|1,844|
|Reconcggatlon
offunds:|||||||
|Total funds brought
forward|||(11,147)|49,626|38,479|38,635|
|Total funds carried forward|||126,3DB|38716|168,D16|38,479|
|BALANCE SHEET
AS AT 31 MARCH|2021||||||
|---|---|---|---|---|---|---|
|||||Xebec||Loal|
|||||2021||2020|
|||Notes||8||8|
|FIXEDASSETS|||||||
|Tangible assets||||783|||
|CURRENT ASSETS|||||||
|Debtors and prepayments|||38,344||93,106||
|Cash at bank and in hand|||201,499||72,625||
||||239,843||165,731||
|CURRENT LIABILITIES|||||||
|Creditors amounts|falling due||||||
|within one year|||(75,610)||(127,252)||
|Net current assets||||164,233||38,479|
|Total assets less current liabilities||||165,016||38,479|
|NET ASSETS/(LIABILITIES)||||165,016||38,479|
|FUNDS|||||||
|Unrestricted
funds||10||126,300||(11,147)|
|Restricted
Funds||10||38,716||49,626|
|||||165,016||38,479|
##
|FOR THE YEAR|ENDING 31|MARCH 202|1||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||||Notes|Total
8|Totalf|
|Net cash used in|operating|activities||18|130,003|(4,605)|
|Cash flows from|Investment|activities:|||||
|Interest|||||46|195|
|Purchase oifixed assets|||||(1,175)||
|Net cash provided|by (used|in) investing|activities||1,128||
|Increase/(decrease)|in cash and cash equivalents|||during the year|128,874|(4,700)|
|Cash and cash equivalents||brought
forward|||72,625|77,325|
|Cash and cash equivalents||carried forward|||201,499|72,625|
##
|||||Unresblcted|Restricted||2,021|2020|
|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds||Total|Total|
|Grants receivable||||E|E||E|E|
|United Kingdom|||||||||
|Ans Ccuncl England||||246,073||248,073||241,627|
|Arts Council England
Klrklees Coundl|(Culkurs Recovery Fund)|||25,000
30,000|935|25,000
3D,935||33,000|
|Kirklees coundl (Business Rates||Pool)||||||31,834|
|PRS Foundation|||||15,000|15,000||15,000|
|Univemtty ofHuddersEeld||||||40,200||40,000|
|Arts coundl England
RVW Trust|(catalyst Evolve)||||5,000||5.000|13,795
5,000|
|Himlchsen
Foundaaon||||||||10,000|
|Ernst VonSisrnens
Music Ibundaaon|||||2,818||2,816||
|Chlldrens
Art School|||||1,482||1,482||
|Leeds cky council
Brlash Council||||1,500|4.000||1,500
4000||
|||||342,773|29233|$72.008||395D58|
|Goethe-Institut||||||||2,684|
|Dutch Performing
Arts
STIM's Coundl for the Pmmoaon||ofSwedish|Music|||||12,671
22,513|
|swiss Ans Coundl Pro Helvella||||||||23,068|
|Creative Eumpe (Sounds How)||||||||51,308
112224|
|Total grants||||342773|29233|3|008|507280|
||||||||2021|2020|
|Boxoffice and other|festival Income||||||E|E|
|Het festival box olflos|Income|||||||25,285|
|Broadcssang fees - BBCRadio||||||||9,714|
||The number ofemplo
was nil (2020 nllb|yees whose e|moluments|as defined for lsxabon|purposes amounl|ed
lo over 280,000|in Ihe year|
|---|---|---|---|---|---|---|---|
||The avmage
number|ofemployees|cakuleted|on a fug-time equivalent|basis, anelysed|by function was||
|||||||2021|2020|
|||||||Number|Number|
||Festival
Programme|||||||
||Festival Development|||||||
||Governance|||||||
|||||||OIBca|Total|
|7|Tangible fixed assets|||||Equipment
f|5|
||Cost|||||||
||At 1 Apr) 2020
Additions|||||12,452
1,175|12,452
1,175|
||Al 31March 2021|||||13,627|13,627|
||Deprectsuon|||||||
||At 1 April 2020|||||12,452|12,452|
||Charge for year|||||392|392|
||At 31 March 2021|||||12,844|12,844|
||Net book value|||||||
||At 31 March 2021|||||783|783|
||At 31 March 2020|||||||
|8|Debtors|||||||
||Income receivable|||||34,815|83,708|
||Prepaym ants
VAT recoverable|||||3,058
471|3,550
5,848|
||||||||93,106|
|9|Creditors, amounts|faElng due within one||year||2021|2020f|
||Other trade creditors|||||16.141|115,900|
||income received
In advance|||||46,617||
||Other taxation|||||||
||Accruals|||||13,852|11,352|
|||||||75,610|127,252|
|||||||||||Transfers||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Incoming|Resources|betsrsen||
|10|Statement offunds||||||2020|resources
f|expended
f|fundsf|2021f|
||Unrestricted|funds||||||||||
||General Fund||||||(11 147)|35'tigt5|(214i468)|(50,000)|76,300|
||Deelgnalsd|Fund||||||||||
||Organlsatlonal|Reslllenca|||fund|||||50.000|$0,000|
||||||||11 147|351915|214,468||120,300|
||Restricted Funds|||||||||||
||Artistic Programme||Fund|||||26,016|(26,016)|||
||Learning
and|Pargclpa$on|||Fund|||2,417|(2,417)|||
||Sounds Ncw|Project|||||49026
45826|-
2033|10910
40 'l43||30710|
||Total Funds||||||38,479|381,148|25 611||165016|
|||||||||||Transfers||
|||||||||Incoming|Resources|between||
||Statement offunds-previous|||||year|2019
f|msouroes
f|expended
f|funds
f|2020
f|
||Unrestricted|funds||||||||||
||GeneralFund||||||36,635|363,97$|(411,757)||(11,147)|
||||||||36,635|363975|411,T57||11,147|
||Restricted Funds|||||||||||
||Arsstlc Programme||Fund|||||141,345|(109,247)|||
||Building
Fundralslng||Capacity||||||(18,293)|||
||Learning
and|Participation|||Fund|||3,000|(16,805)|||
||FesSval and Audience|||Development||||51,308|(1,682)|||
|||||||||195,653|146,027||49625|
||Total Funds||||||36,635|559,625557,784|||30,479|
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