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||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Tota<br>I|
||||||funds|funds|funds|funds|
|||||Notes|E|E|E|f|
|INCOME AND ENDOWMENTS||FROM|||||||
|Donations|||||15,667|2,500|18,167|38,457|
|Charitable<br>activities<br>Operation<br>ofgallery|||||95,360|8,229|103,589|„114,<br>802|
|Other trading activities|||||46,178||46,178|55,431|
|Investment<br>income|||||1,155||1,155|3,082|
|Otherincome|||||13,551||13,551||
|Total|||||171,911|10,729|182,640|211,772|
|EXPENDITURE ON|||||||||
|Charitable<br>activities|||||||||
|Operation<br>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)<br>on|investments||||(2,812)||(2,812)|443|
|NET INCOME/(EXPENDITURE)|||||17,631|(2,938)|14,693|(3,486)|
|RECONCILIATION<br>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<br>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<br>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|





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





## 

## 

## 

||Donations,<br>gif|ts and sp|on|sor|ship|in exc|ess off1|0|00 included<br>a|mounts<br>received|from the following<br>o|rganisations:|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||2020|2019|
||||||||||||E|E|
||Anonymous|||||||||||1,500|
||Apsley House|Capital &Galliard||||Homes||||||2,750|
||Didymus<br>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<br>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<br>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<br>City|Council||||26,143|||26,143||
|G I W Turner Trust-||||||||||
|Combatting<br>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<br>Loneliness||in||||||||
|Later Life fund|||||||||1,000|
||||||,6 3||$,229|71,902|19,971|





## 

## 

|7.|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<br>costs are|those costs that||have|been|incurred|in order to further|the continued<br>development<br>of the||
|charity's charitable|activities.||||||||
||||||||2020|2019|
||||||||Operation||
||||||||of|Tota<br>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<br>and stationery|||||||2,433|8,391|
|Light and heat|||||||3,957|6,316|
|Telephone<br>and postage|||||||2,164|4,819|
|Publicity|||||||1,633|3,461|
|Sundry expenses|||||||1,134|3,130|
|Other operating<br>leases|||||||1,151|1,063|
|Photocopier|||||||184|653|
|Catering|||||||2|2,327|
|Irrecoverable<br>VAT|||||||4,688|2,967|
|Cleaning|||||||1,836|1,154|
|Training|||||||145|995|
|Computer<br>expenses|||||||11,565|4,089|
|Rates and insurance|||||||3,589|7,373|
|Depreciation<br>oftangible||fixed assets|||||1,439|1,486|
|Auditors'<br>remuneration|||||||2,600|2,400|
|Auditors'<br>remuneration||for non audit|work||||1,200|3,660|
|Professional<br>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<br>-owned||assets|1,439|1,486|
|Other operating<br>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<br>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<br>at cost|179|179|311|
|Sale proceeds on disposal||||
|Gain/(loss)<br>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<br>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<br>funds||||||||||
|-General<br>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<br>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<br>in the above are as follows:|||||
|||||||Incoming|Resources|Gams, losses|Movement|
|||||||resources|expended|&transfers|in funds|
|||||||E|E|E|E|
|Unrestricted<br>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<br>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<br>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<br>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<br>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<br>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<br>and|prior year 12 months<br>co|mbined<br>position<br>is as follows|:||
|---|---|---|---|---|---|---|---|
|||||||Net||
|||||||movement|At|
||||||At 1.1.19|in funds|31.12.20|
||||||E|E|E|
|Unrestricted<br>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<br>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<br>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<br>on a Show fund||||||(354)||(354)|
|Sense fund|||||16,468|(16,468)|||
|Combatting<br>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|





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