2020-12-31-accounts - Royal Birmingham Society Of Artists

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							2020	2019
					Unrestricted	Restricted	Total	Tota I
					funds	funds	funds	funds
				Notes	E	E	E	f
INCOME AND ENDOWMENTS		FROM
Donations					15,667	2,500	18,167	38,457
Charitable activities Operation ofgallery					95,360	8,229	103,589	„114, 802
Other trading activities					46,178		46,178	55,431
Investment income					1,155		1,155	3,082
Otherincome					13,551		13,551
Total					171,911	10,729	182,640	211,772
EXPENDITURE ON
Charitable activities
Operation ofgallery					151,468	13,667	165,135	215,701
Net surplus/(deficit)	before	gains/(losses)	on
investments					20,443	(2,938)	17,505	(3,929)
Net gains/(losses) on	investments				(2,812)		(2,812)	443
NET INCOME/(EXPENDITURE)					17,631	(2,938)	14,693	(3,486)
RECONCILIATION OF	FUNDS
Total funds brought	forward				596,074	2,388	598,462	601,948
TOTAL FUNDS CARRIED FORWARD					613,705	(550)	613,155	598,462

					2020	2019
			Unrestricted	Restricted	Total	Tota I
			funds	funds	funds	funds
		Notes	f	E	E	E
FIXEDASSETS
Tangible assets		13	318,094		318,094	319,533
Investments		14	15,103		15,103	17,736
			333,197		333,197	337,269
CURRENT ASSETS
Debtors		15	9,279		9,279	7,390
Cash at bank			310,630	(550)	310,080	291,928
			319,909	(550)	319,359	299,318
CREDITORS
Amounts falling due within one year		16	(39,401)		(39,401)	(38,125)
NET CURRENT	ASSETS/(LIABILITIES)		280,508	(550)	279,958	261,193
TOTAL ASSETS LESSCURRENT LIABILITIES			613,705	(550)	613,155	598,462
NET ASSETS			613,705	(550)	613,155	598,462
FUNDS		18
Unrestricted funds
- General fund					35,330	18,163
Designated funds
- Brook Street	Building Fixed Asset fund				318,094	319,533
- Renovations	fund				180,281	188,378
- Repairs fund					20,000	10,000
- Reserve fund					60,000	60,000
Restricted funds					(550)	(2,388)
TOTAL FUNDS					613,155	598,462

	2020	2019
	E	E
Donations	7,633	25,959
Sponsorship	500	2,750
Gift Aid	10,034	9,748
	18,167	38,457

	Donations, gif	ts and sp	on	sor	ship	in exc	ess off1	0	00 included a	mounts received	from the following o	rganisations:
											2020	2019
											E	E
	Anonymous											1,500
	Apsley House	Capital &Galliard				Homes						2,750
	Didymus CIO											2,000
	GMC Trust										1,500
	The Dumbreck	Charity										1,000
	The Grimmitt	Trust										2,500
	The John Feeney Charitable				Trust							2,000
	The Oakley Charitable		Trust									1,000
	West Midlands	Museum		Development,			supported		using public	funding
	by Arts Council England,			received		via ironbridge		Gorge Museum		Trust		2,998
	Donations below f1,000										16,667	22,709
4.	OTHER TRADING ACTIVITIES
											2020	2019
											Total	Tota I
											funds	funds
											f	f
	Subscriptions	—Members
	and Associates										36,273	38,974
	Subscriptions	- Friends	of
	the RBSA										9,905	16,457
											46,178	55,431
5.	INVESTMENT	INCOME
											2020	2019
											Total	Tata I
											funds	funds
											E	E
	Income from listed
	investments										553	789
	Interest receivable										602	2,293
											1,155	3,082

INCOME FROM C	HARI	TAB	LE AC	TIVITIES
								2020	2019
				Activity				E	E
Grants				Operation	of gallery			71,902	19,971
Gallery income				Operation	ofgallery			31,637	94,717
Cafe income				Operation	ofgallery				114
								103,589	114,802
Grants received,	included		in the	above, are	as follows.
					Unrestricted		Restricted
					funds		Funds	2020	2019
					E		E	E	E
Arts Council England-
Emergency costs	funding				22,530		6,732	29,262	13,471
Birmingham City	Council				26,143			26,143
G I W Turner Trust-
Combatting Loneliness		in
Later Life fund									3,000
Loppylugs					14,500			14,500
Rowlands Trust-
ITInfrastructural	Development			fund					1,000
Sense-
RBSA and Sense:
Sense fund							1,497	1,497	1,500
5 gr D Lloyd Charitable		Trust				500		500
W.E.D. Charitable	Trust-
Combatting Loneliness		in
Later Life fund									1,000
					,6 3		$,229	71,902	19,971

CHARITABLE ACTIVITIES COSTS	CHARITABLE ACTIVITIES COSTS	CHARITABLE ACTIVITIES COSTS
			Direct	Support
			Costs (see	costs (see
			note 8)	note 9)	Tota Is
			E	E	E
Operation	of gallery		101,327	63,808	165,135
DIRECT COSTS OF CHARITABLE ACTIVITIES
				2020	2019
				E	E
Staff costs				88,580	115,775
Prizes				2,500	6,650
Workshop	tutors			5,948	11,257
Funded projects professional		fees		4,299	10,990
				101,327	144,672

SUPPORT COSTS
Support costs are	those costs that		have	been	incurred	in order to further	the continued development of the
charity's charitable	activities.
							2020	2019
							Operation
							of	Tota I
							gallery	activities
							6	E
Bank charges							1,068	1,045
Credit card charges							911	1,331
Repairs and maintenance							10,900	10,369
Printing and stationery							2,433	8,391
Light and heat							3,957	6,316
Telephone and postage							2,164	4,819
Publicity							1,633	3,461
Sundry expenses							1,134	3,130
Other operating leases							1,151	1,063
Photocopier							184	653
Catering							2	2,327
Irrecoverable VAT							4,688	2,967
Cleaning							1,836	1,154
Training							145	995
Computer expenses							11,565	4,089
Rates and insurance							3,589	7,373
Depreciation oftangible		fixed assets					1,439	1,486
Auditors' remuneration							2,600	2,400
Auditors' remuneration		for non audit	work				1,200	3,660
Professional fees							11,209	4,000
							63,808	71,029

			2020	2019
			E	6
Auditors'	remuneration		2,600	2,400
Auditors'	remuneration	for non audit work	1,200	3,660
Depreciation -owned		assets	1,439	1,486
Other operating leases			1,151	1,063

STAFF	COSTS
		2020	2019
		6	6
Wages	and salaries	92,099	110,717
Social	security costs	(4,757)	3,164
Other	pension costs	1,238	1,894
		88,580	115,775

			2020	2019
Management		and administration	1	1
Charitable	activities		7	7

		Fixtures,
	Freehold	fittings
	land and	and
	buildings	equipment	Totals
	E	f	E
COST
At 1January 2020 and 31December 2020	343,833	74,914	418,747
DEPRECIATION
At 1January 2020	24,300	74,914	99,214
Charge for year	1,439		1,439
At 31December 2020	25,739	74,914	100,653
NET BOOK VALUE
At 31December 2020	318,094		318,094
At 31December 2019	319,533		319,533

	Unrestricted
	Fund	2020	2019
	E	E	f
Market value at 1January 2019	17,736	17,736	16,982
Additions at cost	179	179	311
Sale proceeds on disposal
Gain/(loss) in the year:
—realised
—unrealised	(2,812)	(2,812)	443
Total market value of investments
at 31December 2019	15,103	15,103	17,736
Historic cost at 31December 2019	11,987	11,987	11,805

		2020	2019
		E	f
Unilever		10,541	10,441
Royal Dutch Shell		3,731	6,224
			6,66
DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
		2020	2019
		E	E
Trade debtors		8,099	3,635
Other debtors		11	73
Prepayments		1,169	3,682
		9,279	7,390

CREDITORS: AMOUNT	S FALLING DUE WITHIN ONE YEAR
		2020	2019
		E	E
Trade creditors		1,561	1,304
Social security and other taxes		5,818	3,887
Other creditors		252	315
Accruais and deferred	income	31,770	32,619
		39,401	38,125

	20ZO	2019
	E	6
Within one year	1,151	1,151
Between one and five years	575	1,151
In more than five years		575
	1,726	2,877

								Net
								movement	At
							At 1.1.20	in funds	31.12.20
							E	E	E
Unrestricted funds
-General fund							18,163	17,167	35,330
Designated fund
- Brook Street	Building			Fixed Asset fund			319,533	(1,439)	318,094
-Renovations	fund						188,378	(8,097)	180,281
—Repairs fund							10,000	10,000	20,000
-Reserve fund							60,000		60,000
							596,074	17,631	613,705
Restricted funds
Sense fund							1,254	(1,254)
Combatting Loneliness				in Later		Life fund	134	(134)
IT Infra structura		I Development				fund	1,000	(1,000)
GBSLEP Online	Shop Research & Development							(550)	(550)
							2,388	(2,938)	(550)
TOTAL FUNDS							598,462	14,693	613,155
Net movement		in	funds,		included in the above are as follows:
						Incoming	Resources	Gams, losses	Movement
						resources	expended	&transfers	in funds
						E	E	E	E
Unrestricted funds
-General fund						171,911	(141,932)	(12,812)	17,167
Designated funds
—Brook Street	Building				Fixed Asset fund		(1,439)		(1,439)
-Renovations	fund						(8,097)		(8,097)
-Repairs fund								10,000	10,000
						171,911	(151,468)	(2,812)	17,631
Restricted funds
Prize fund						2,500	(2,500)
Sense fund						1,497	(2,751)		(1,254)
Combatting Loneliness					in Later Life fund		(134)		(134)
IT Infrastructural			Development			fund	(1,000)		(1,000)
Arts Council						6,732	(6,732)
GBSLEP Onhne		Shop Research				& Development	(550)		(550)
						10,729	(13,667)		~2,938)
TOTALFUNDS						182,640	(165,135)	(2,812)	14,693

						Net
						movement	At
					At 1.1.19	in funds	31.12.19
					E	E	E
Unrestricted funds
—General fund					19,869	(1,706)	18,163
Designated fund
- Brook Street	Building		Fixed Asset fund		320,972	(1,439)	319,533
- Renovations	fund				188,378		188,378
- Repairs fund					10,000		10,000
—Reserve fund					60,000		60,000
					599,219	(3,145)	596,074
Restricted funds
Making Sense	fund				875	(875)
Making Together		fund			1,500	(1,500)
Putting on a Show fund					354	(354l
Sense fund						1,254	1,254
Combatting Loneliness			in Later	Life fund		134	134
ITInfrastructural		Development		fund		1,000	1,000
					2,729	(341)	2,388
TOTAL FUNDS					601,948	(3,486)	598,462

				Incoming	Resources	Gains	and	Movement
				resources	expended	losses		in funds
				E	E	E		E
Unrestricted funds
—General fund				177,203	(179,352)		443	(1,706)
Designated fund
- Brook Street Building		Fixed Asset fund			(1,439)			(1,439)
				177,203	(180,791)		443	(3,145)
Restricted funds
Prize fund				4,100	(4,100)
Making Sense fund					(875)			(875)
Making Together	fund				(1,500)			(1,500)
Putting on a Show	fund				(354)			(354)
Sense fund				14,971	(13,717)			1,254
Combatting Loneliness		in Later	Life fund	6,998	(6,864)			134
Next Wave fund				7,500	(7,500)
IT Infrastructural	Development		fund	1,000				1,000
				34,569	(34,910)			(341)
TOTAL FUNDS				211,772	(215,701)		443

A current year	1	2 mont	hs and	prior year 12 months co	mbined position is as follows	:
						Net
						movement	At
					At 1.1.19	in funds	31.12.20
					E	E	E
Unrestricted funds
-General fund					19,869	15,461	35,330
Designated fund
-Brook Street	Building		Fixed Asset fund		320,972	(2,878)	318,094
—Renovations	fund				188,378	(8,097)	180,281
- Repairs fund					10,000	10,000	20,000
- Reserve fund					60,000		60,000
					599,219	14,486	613,705
Restricted funds
Making Sense	fund				875	(875)
Making Together		fund			1,500	(1,500)
Putting on a Show fund					354	(354)
Sense fund
Combatting Loneliness			in Later	Life fund
Next Wave fund
ITInfrastructural		Development		fund
Prize fund
Arts Council
GBSLEP Online	Research & Development					(550)	(550)
					2,729	(3,279)	(550)
TOTALFUNDS					601,948	11,207	613,155

					Incoming	Resources	Gains, losses	Movement
					resources	expended	&transfers	in funds
					6	f	E	6
Unrestricted funds
—General fund					349,114	(321,284)	(12,369)	15,461
Designated fund
- Brook Street	Building		Fixed Asset fund			(2,878)		(2,878)
- Renovations	fund					(8,097)		(8,097)
- Repairs fund							10,000	10,000
					349,114	(332,259)	(2,369)	14,486
Restricted funds
Prize fund					6,600	(6,600)
Making Sense	fund					(875)		(875)
Making Together		fund				(1,500)		(1,500)
Putting on a Show fund						(354)		(354)
Sense fund					16,468	(16,468)
Combatting Loneliness			in Later	Life fund	6,998	(6,998)
ITInfrastructural		Development		fund	1,000	(1,000)
Arts Council					6,732	(6,732)
GBSLEP Online	Research & Development					(550)		(550)
					45,298	(48,577)		(3,279)
TOTALFUNDS					394,412	(380,836)	(2,369)	11,207