# 



## 

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|Trustees|||Jonathan<br>Lang|||||
|---|---|---|---|---|---|---|---|
||||Scott Sherrard|||||
||||Susan Smith|||||
||||William Jackson|||||
||||Susan Hallsworth|||||
||||Matthew<br>Runham||(Appointed||1 April 2020)|
||||Laura Catterall||(Appointed||18October 2021)|
|Executive|Director and Chief||Rosanne<br>Lamont|||||
|Executive||||||||
|Also known||as|The Maltings|||||
|Secretary|||Rosanne<br>Lamont|||||
|Charity number|||701194|||||
|Company|number||02332073|||||
|Registered||office|The Maltings Theatre||&Cinema|||
||||Eastern<br>Lane|||||
||||Berwick upon Tweed|||||
||||TD15 1AJ|||||
|Independent||examiner|RMT Accountants|& Business Advisors||Ltd||
||||Gosforth<br>Park Avenue|||||
||||Newcastle<br>upon Tyne|||||
||||NE12 8EG|||||
|Bankers|||CAF Bank Limited|||||
||||25 Kings<br>Hill Avenue|||||
||||West Mailing|||||
||||Kent|||||
||||ME194JQ|||||
|Solicitors|||Adam Douglas 8|Son||||
||||49/51 Bridge Street|||||
||||Berwick upon Tweed|||||
||||TD15 1ES|||||





## 

||Page|
|---|---|
|Trustees'<br>report|1-8|
|Independent<br>examiner's<br>report||
|Group Statement offinancial<br>activities|10—11|
|Group Balance sheet|12 —13|
|Charity Balance sheet|14-15|
|Group Statement<br>ofcash flows|16|
|Notes to the financial<br>statements|17-38|





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|Jonathan<br>Lang||||||
|---|---|---|---|---|---|
|Janette Casson||MBE|||(Resigned 23September 2020)|
|Scott Sherrard||||||
|Graham<br>Brown|||||(Resigned 23 September 2020)|
|Charles Euan|Duthie Q.C.||||(Resigned<br>1 April 2021)|
|Susan Smith||||||
|William Jackson||||||
|Susan Hallsworth||||||
|Matthew<br>Runham|||||(Appointed<br>1 April 2020)|
|Laura Catterall|||||(Appointed<br>18October 2021)|
|The maximum||number|oftrustees|is unlimited.||
|Staff team as|at 31 March 2021|||||
|Programming|and Projects Associate:||||Daniel Cox|
|Duty Manager:|||||Neil Davidson|
|Housekeeping:|||||Januario Espejo|
|Boxoffice:|||||Ross Graham|
|Invigilator:|||||Sarah Graham|
|Theatre Manager:|||||Shona Hammon|
|Communications||Officer.|||Eve Johnstone|
|Executive Director (CEO):|||||Rosanne Lamont|
|Head of Visual||Arts:|||James Lowther|
|Box Office:|||||Cloudy Manningham|
|Technical Manager.|||||James Manningham|
|Invigilator.|||||Caitlin Mutch|
|BoxONce:|||||Charlotte<br>Payne|
|Invigilator.|||||Oliver Payne|
|Heed of Youth||Drama:|||Wendy Payne|
|Technician:|||||Kirk Sim|
|Learning<br>& Education|||Manager||Val Tobias|





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|Current financial<br>year|||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|||||||as restated|
||||funds|funds|2021|2020|
|||Notes|E|E|E|E|
|Income and endowments|from:||||||
|Donations<br>and legacies|||867,899||867,899|329,700|
|Charitable<br>activities|||67,602||67,602|442,733|
|Other trading<br>activities|||40,749||40,749|340,473|
|Investments||||||42|
|Other income||||45,000|45,000|152,474|
|Total Income|||976,250|45,000|1,021,250|1,265,422|
|Expenditure<br>on:|||||||
|Raising funds|||35,281|12,090|47,371|101,395|
|Trading subsidiary|||151,488||151,488|255,482|
|Charitable<br>activities||10|444,675|123,709|568,384|784,479|
|Other||15|4,350|25,030|29,380|132,245|
|Total resources expended|||635,794|160,829|796,623|1,273,601|
|Tax credits receivable|||11,204||11,204|28,250|
|Gross transfers<br>between funds||26|(98,061)|98,061|||
|Net income/(expenditure)|for the year/||||||
|Net movement<br>in funds|||253,599|(17,768)|235,831|20,071|
|Fund balances at 1 April 2020|||51,611|149,011|200,622|180,551|
|Fund balances at 31 March 2021|||305,210|131,243|436,453|200,622|





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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||||as restated|
||||funds|funds|2020|
|||Notes|E|E|E|
|Income and endowments|from:|||||
|Donations<br>and legacies|||329,700||329,700|
|Charitable<br>activities|||428,983|13,750|442,733|
|Other trading<br>activities|||340,473||340,473|
|Investments|||42||42|
|Other income|||13,224|139,250|152,474|
|Total income|||1,112,422|153,000|1,265,422|
|Expenditure<br>on:||||||
|Raising funds|||98,683|2,712|101,395|
|Trading subsidiary|||255,482||255,482|
|Charitable<br>activities||10|706,971|77,508|784,479|
|Other||15|10,971|121,274|132,245|
|Total resources expended|||1,072,107|201,494|1,273,601|
|Tax credits receivable|||28,250||28,250|
|Net Income/(expenditure)|for the year/|||||
|Net movement<br>In funds|||68,565|(48,494)|20,071|
|Fund balances at 1 April 2019|||(16,954)|197,505|180,551|
|Fund balances at 31 March 2020|||51,611|149,011|200,622|





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||||||||As restated|
|---|---|---|---|---|---|---|---|
||||||2021||2020|
|||||Notes|6||8|
|Fixed assets||||||||
|Tangible assets||||17||136,406|295,482|
|Heritage assets||||18||55,300|55,300|
|Goodwill||||19||7,740|10,320|
|||||||199,446|361,102|
|Current assets||||||||
|Stocks||||21|3,384||6,012|
|Debtors||||22|37,567||52,572|
|Cash at bank and in||hand|||429,091||36,985|
||||||470,042||95,569|
|Creditors:|amounts|falling|due within|||||
|one year||||23|(134,333)||(176,903)|
|Net current|assets/(liabilities)|||||335,709|(81,334)|
|Total assets less current|||liabilities|||535,155|279,768|
|Creditors:|amounts|falling|due after|||||
|more than|one year|||24||(98,702)|(79,146)|
|Net assets||||||436,453|200,622|
|Income funds||||||||
|Restricted|funds|||28||131,243|149,011|
|Unrestricted|funds -|general||||305,210|51,611|
|||||||436,453|200,622|





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||||2021|||2020|
|---|---|---|---|---|---|---|
|||||||as restated|
|||Notes|||6|6|
|Fixed assets|||||||
|Tangible assets||17||130,951||288,657|
|Heritage assets||18||55,300||55,300|
|Investments||20||100||100|
|||||186,351||344,057|
|Current assets|||||||
|Stocks||21|||1,129||
|Debtors||22|32,669||68,214||
|Cash at bank and in|hand||416,408||30,036||
||||449,077||99,379||
|Creditors: amounts|falling due within||||||
|one year||23|(125,769)||(158,369)||
|Net current assets/(liabilities)||||323,308||(58,990)|
|Total assets less current liabilities||||509,659||285,067|
|Creditors: amounts|falling due after||||||
|more than one year||24||(55,382)||(79,146)|
|Net assets||||454,277||205,921|
|Income funds|||||||
|Restricted funds||26||131,243||149,011|
|Unrestricted<br>funds -|general|||323,034||56,910|
|||||454,277||205,921|





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## 

|||||2021||2020|
|---|---|---|---|---|---|---|
|||||||as restated|
||||Notes||||
|Cash flows from operating||activities|||||
|Cash generated<br>from operations|||29||364,973|30,780|
|Investing<br>activities|||||||
|Purchase oftangible<br>fixed|assets|||||(10,893)|
|Purchase of subsidiaries||||||(12,900)|
|Interest received||||||42|
|Net cash used<br>In investing||activities||||(23,751)|
|Financing<br>activities|||||||
|Proceeds from loans||||50,000|||
|Repayment<br>of bank loans||||(22,867)||(22,052)|
|Net cash used<br>In financing||activities|||27,133|(22,052)|
|Net (decrease)/Increase|in|cash and cash|||||
|equivalents|||||392,106|(15,023)|
|Cash and cash equivalents||at beginning|ofyear||36,985|52,008|
|Cash and cash equivalents||at end ofyear|||429,091|36,985|





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|Donations<br>and legac|ies|||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||E|E|
|Donations<br>and gifts||||||91,202|70,305|
|Grants received||||||776,697|259,395|
|||||||867,899|329,700|
|Grants receivable for core|||activities|||||
|Northumberland<br>County Council||||||83,008|83,008|
|Arts Council England,|North||East|||179,633|176,387|
|Arts Council England|Culture||Recovery Fund|||207,000||
|Arts Council England|Emergency|||Response|Fund|51,148||
|Coronavirus<br>Job Retention||Scheme||||248,908||
|Business Support Grant||||||7,000||
|||||||776,697|259,395|





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## 

|||||Theatre|Cinema|Visual Arts|Classes|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||and Dance||2021|2020|
||||||||||as restated|
|||||2021|2021|2021|2021|||
|||||6|8|6|6|||
|Sales within|charitable|||||||||
|activities||||3,834|674|3,274|40|7,822|404,477|
|Performance||related||||||||
|grants||||||56,782||56,782|33,387|
|Other income||||||2,998||2,998|4,869|
|||||3,834|674|63,054|40|67,602|442,733|
|Analysis<br>by||fund||||||||
|Unrestricted||funds-||||||||
|general||||3,834|674|63,054|40|67,602|428,983|
|Restricted|funds||||||||13,750|
|||||3,834|674|63,054|40|67,602|442,733|
|For the year||ended 31|March|2020||||||
||||||Theatre|Cinema|Visual Arts|Classes|Total|
||||||||and Dance||2020|
||||||||||As restated|
|Sales within||charitable|activities||197,092|162,456|34,275|10,654|404,477|
|Performance||related grants|||||33,387||33,387|
|Other income|||||||4,869||4,869|
||||||197,092|162,456|72,531|10,654|442,733|
|Analysis<br>by fund||||||||||
|Unrestricted||funds - general|||197,092|162,456|58,781|10,654|428,983|
|Restricted|funds||||||13,750||13,750|
||||||197,092|162,456|72,531|10,654|442,733|





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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||general|general|
|||||2021|2020|
|||||6|6|
|Subsidiary|income|||39,611|302,183|
|Bar &confectionery|||sales||24,867|
|Letting||||891|8,298|
|Advertising|income|||247|5,125|
|Other trading||activities||40,749|340,473|



## 

|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||general|general|
|||2021|2020|
|||6||
|Interest|receivable||42|





## 

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## 

||||2021|2020|
|---|---|---|---|---|
||||E|E|
|Turnover|||39.611|300,993|
|Cost ofsales|||(10,766)|(77,914)|
|Gross profit|||28,845|223,079|
|Other income|||99,352|1,190|
|Administration<br>expenses|||(140,722)|(229,568)|
||||(12,525)|(5,299)|
|The assets and liabilities|ofthe subsidiary|were:|||
|Fixed assets|||13,195|17,145|
|Current assets|||25,343|12,053|
|Creditors<br>due within one|year||(12,942)|(34,397)|
|Creditors<br>falling due after more than one||year|(43,320)||
||||(17,724)|(5,199)|
|Aggregate<br>share capital|and reserves||17,724|5 199|



## 

|||Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||funds||funds|funds||
|||||general|||
|||2021||2020|2020|2020|
|||E||E|E|E|
|Other|income|45,000|45,000|13,224|139,250|152,474|





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|Raising funds|||||||
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||funds|funds||funds|funds||
||general|||general|||
||2021|2021|2021|2020|2020|2020|
||6|6|6|6|6|6|
|Bar &confectionery|||||||
|costs||||12,508||12,508|
|Support costs|35,281|12,090|47,371|86,175|2,712|88,887|
|Trading costs|35,281|12,090|47,371|98,683|2,712|101,395|



## 

|||||Theatre|Cinema|Visual Arts|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||||and Dance|2021|2020|
|||||||||as restated|
|||||2021|2021|2021|||
|||||6|6|6|||
|Staff costs||||||57,114|57,114|95,508|
|Operating|costs|||5,051|208|55,518|60,777|278,349|
|||||5,051|208|112,632|117,891|373,857|
|Share ofsupport costs (see|||||||||
|note 11)||||157,511|27,388|255,025|439,924|390,885|
|Share ofgovernance|||costs||||||
|(see note|11)||||4,442|6,127|10,569|19,737|
|||||162,562|32,038|373,784|568,384|784,479|
|Analysis|by fund||||||||
|Unrestricted||funds-|||||||
|general||||121,390|24,879|298,406|444,675|706,971|
|Restricted|funds|||41,172|7,159|75,378|123,709|77,508|
|||||162,562|32,038|373,784|568,384|784,479|





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||For the year|For the year|For the year|ended|31 March 2020|31 March 2020||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Theatre|Cinema|Visual Arts|Classes|Total|
||||||||||and Dance||2020|
||||||||||||As restated|
|||||||||||f|8|
||Staff costs||||||14,020||72,280|9,208|95,508|
||Operating||costs||||85,361|76,664|116,324||278,349|
||||||||99,381|76,664|188,604|9,208|373,857|
||Share ofsupport costs (see note 11)||||||188,203|155,130|37,379|10,173|390,885|
||Share ofgovernance||||costs (see note 11)<br>9,503|||7,833|1,887|514|19,737|
||||||||297,087|239,627|227,870|19,895|784,479|
||Analysis|by||fund||||||||
||Unrestricted|||funds -|general||291,054|234,654|161,694|19,569|706,971|
||Restricted||funds||||6,033|4,973|66,176|326|77,508|
||||||||297,087|239,627|227,870|19,895|784,479|
|11|Supportcosts|||||||||||
|||||||Support<br>costs|Governance<br>costs|2021|Support<br>costs|Governance<br>costs|2020|
|||||||8|8||5|8||
||Staff costs|||||249,128||249,128|275,582||275,582|
||Depreciation|||and||||||||
||impairment|||||157,706||157,706|24,521||24,521|
||Boxoffice|||||10,377||10,377|21,222||21,222|
||Premises||&|office costs||51,791||51,791|90,539||90,539|
||Marketing|||||8,378||8,378|31,119||31,119|
||General expenses|||||8,804||8,804|32,516||32,516|
||Accountancy||||||11,680|11,680||24,010|24,010|
|||||||486,184|11,680|497,864|475,499|24,010|499,509|
||Analysed||between|||||||||
||Trading|||||46,260|1,111|47,371|84,614|4,273|88,887|
||Charitable||activities|||439,924|10,569|450,493|390,885|19,737|410,622|
|||||||486,184|11,680|497,864|475,499|24,010|499,509|





## 

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|12|Independent|examiner|remuneration|remuneration||||||
|---|---|---|---|---|---|---|---|---|---|
||The analysis|of independent<br>examiner's|||remuneration||is as follows:|||
|||||||||2021|2020|
|||||||||5|5|
||Independent|examination|ofthe|charity's|annual|accounts||2,400|2,400|
||Non-independent<br>examination|||services||||||
||Preparation|ofcharity's|annual|accounts||||1,200|1,200|



## 

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|The average|monthly<br>number<br>ofemployees<br>during th|e year was:||
|---|---|---|---|
|||2021|2020|
|||Number|Number|
|Full time||8|10|
|Part time||10|12|
|||18|22|
|Employment|costs|2021|2020|
|||6|6|
|Wages and salaries||289,063|344,848|
|Social security costs||12,650|20,303|
|Other pension costs||4,529|5,939|
|||306,242|371,090|





## 

## 

||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||funds|funds||funds|funds||
||general|||general|||
||2021|2021|2021|2020|2020|2020|
||E|E|E|E|F|E|
|Financing costs|4,350||4,350|10,971||10,971|
|Other expenditure||25,030|25,030||121,274|121,274|
||4,350|25,030|29,380|10,971|121,274|132,245|



||2021|2020|
|---|---|---|
||E|E|
|In respect of;|||
|Studio Refurbishment|147,191||



|17|Tangible fixed assets|Tangible fixed assets|- Group||||||
|---|---|---|---|---|---|---|---|---|
|||||General|ONce|Computer|Studio|Total|
|||||equipment|equipment<br>&|equlpmentrefurbishment|||
||||||furnishings||||
|||||E|E|E|F||
||Cost||||||||
||At 1 April 2020|||177,147|15,891|34,832|332,230|560,100|
||Additions||||||||
||At 31 March|2021||177,147|15,891|34,832|332,230|560,100|
||Depreciation||||||||
||At 1 April 2020|||123,687|5,962|31,629|103,340|264,618|
||Depreciation|charged|in the year|6,620|1,801|766|2,698|11,885|
||Impairment|losses|||||147,191|147,191|
||At 31 March|2021||130,307|7,763|32,395|253,229|423,694|
||Carrying<br>amount||||||||
||At 31 March|2021||46,840|8,128|2,437|79,001|136,406|
||At 31 March|2020||53,460|9,929|3,203|228,890|295,482|





## 

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|17|Tangible<br>fixed assets - Charity|Tangible<br>fixed assets - Charity|||||||
|---|---|---|---|---|---|---|---|---|
||||General|Office||Computer|Studio|Total|
||||equipment|equipment|&|equipment|refurbishment||
|||||furnishings|||||
||||6||6|6|6|6|
||Cost||||||||
||At 1 April 2020||177,147|8,239||33,969|332,230|551,585|
||Additions||||||||
||At 31 March 2021||177,147|8,239||33,969|332,230|551,585|
||Depreciation||||||||
||At 1 April 2020||123,687|4,440||31,461|103,340|262,928|
||Depreciation<br>charged|in the year|6,620||571|626|2,698|10,515|
||Impairment<br>losses||||||147,191|147,191|
||At 31 March 2021||130,307|5,011||32,087|253,229|420,634|
||Carrying<br>amount||||||||
||At 31 March 2021||46,840|3,228||1,882|79,001|130,951|
||At 31 March 2020||53,460|3,799||2,508|228,890|288,657|
|18|Heritage assets||||||||
||At 1 April 2020 and at 31 March 2021|||||||55,300|
|19|Intangible<br>Fixed assets||||||||
|||||||||Goodwill|
|||||||||6|
||Cost or valuation||||||||
||At 1 April 2020 & 31 March 2021||||||||
||Amortisation||||||||
||At 1 April 2020|||||||2,580|
||Amortisatlon<br>charged|in the year||||||2,580|
||At 31 March 2021|||||||5,160|
||Carrying<br>amount||||||||
||At 31 March 2021|||||||7,740|
||At 31 March 2020|||||||10,320|





## 

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## 

|20|Fixed asset|Inves|tments||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Other|
||||||||Investments||
|||||||||E|
||Cost or valuation||||||||
||At 1 April 2020 & 31 March 2021|||||||100|
||Carrying<br>amount||||||||
||At 31 March|2021||||||100|
||At 31 March|2020||||||100|
||Other investments||comprise:||||2021f|2020<br>f|
||Investments|in subsidiaries|||||100|100|
|21|Stocks||||||||
||||||Group||Charity||
||||||2021|2020|2021|2020|
||||||E|f|E|E|
||Shop stock||||3,384|6,012||1,129|
|22|Debtors||||||||
||||||Group||Charity||
||||||2021|2020|2021|2020|
||Amounts<br>falling due within|||one|E|E|f|E|
||Trade debtors|||||883||662|
||Amounts<br>owed by||subsidiary|undertakings|||4,378|15,863|
||Other debtors||||37,567|40,253|28,291|40,253|
||Prepayments|and|accrued income|||11,436||11,436|
||||||37,567|52,572|32,669|68,214|



## 



## 

## 

|23|Creditors: amounts|Creditors: amounts|falling due within one year||||||
|---|---|---|---|---|---|---|---|---|
||||||Group||Charity||
||||||2021|Restated|2021|2020|
|||||||2020||as restated|
|||||Notes||6||6|
||Bankloans|||26|25,089|17,512|18,409|17,512|
||Other taxation and social security||||6|12,418||34|
||Deferred|income|||99,8«|105,736|99,811|105,736|
||Trade creditors||||6,027|31,688|5,499|29,472|
||Accruals||||3,400|9,549|2,050|5,615|
||||||134,333|176,903|125,769|158,369|
|24|Creditors: amounts||falling due after||||||
||||||Group||Charity||
||||||2021|2020|2021|2020|
|||||Notes|6|6|6|6|
||Bank loans||||98,702|79,146|55,382|79,146|
|25|Loans and overdrafts||||||||
||||||Group||Charity||
||||||2021|2020|2021|2020|
||||||6|6|6|6|
||Other loans||||123,791|96,658|73,791|96,658|
||Payable|within one|year||25,089|17,512|18,409|17,512|
||Payable|after one year|||98,702|79,146|55,382|79,146|





## 

## 

|Movement|In funds||||||
|---|---|---|---|---|---|---|
||||Movement<br>ln funds||||
|||Balance at 1|Incoming|Resources|Transfers|Balance at 31|
|||April 2020|resources|expended||March 2021|
|||Restated|||||
|||6|||||
|Unrestricted|funds||||||
|General funds||51,611|987,454|(635,794)|(98,061)|305,210|
|Restricted|funds||||||
|Artistic development||72,623||(84,770)|91,405|79,258|
|Visual Arts|Study|720||||720|
|Awards<br>For|All<br>—Projection||||||
|Equipment||42,314||(42,314)|6,656|6,656|
|Community|Foundation/Business||||||
|Enterprise<br>-Web||373||||373|
|Third Age Project||1,290||||1,290|
|Glasgow Boys||8,715||(8,715)|||
|Borderlands||17,976|45,000|(25,030)||37,946|
|NCC Branding||5,000||||5,000|
|Total restricted funds||149,011|45,000|(160,829)|98,061|131,243|
|Total funds||200,622|1,021,250|(645,135)||436,453|



## 



## 

## 

## 

## 

|Year ended 31 March 2020|||||||
|---|---|---|---|---|---|---|
|||Movement<br>In funds|||||
||Balance at 1|Restated|Restated|Transfers||Restated|
||April 2019|Incoming|Resources|||Balance at 31|
|||resources|expended|||March 2020|
|||6|6||6||
|Unrestricted<br>funds|||||||
|General funds|(16,954)|1,112,422|(1,072,107)|||51,611|
|Restricted<br>funds|||||||
|Artistic development|86,341||(13,718)|||72,623|
|Visual Arts Study|720|||||720|
|Awards<br>For All - Projection|||||||
|Equipment|43,838||(1,524)|||42,314|
|Community<br>Foundation/Business|||||||
|Enterprise - Web|373|||||373|
|Maltings<br>Youth Theatre|||||||
|Third Age Project|1,290|||||1,290|
|Paul Hamlyn<br>Foundation|33,795||(33,795)||||
|Ace Catalyst|11,442||(11,442)||||
|Berwick Visual Arts|19,706||(19,706)||||
|Glasgow Boys||8,750|(35)|||8,715|
|Borderlands||139,250|(121,274)|||17,976|
|NCC Branding||5,000||||5,000|
|Total restricted funds|197,505|153,000|(201,494)|||149,011|
|Total funds|180,551|1,125,989|(1,035,676)|||200,622|





## 

## 

|27|Analysis|of net assets between|funds|-Group|||||
|---|---|---|---|---|---|---|---|---|
||Current|financial year|||||||
|||||||Unrestricted|Restricted|Total|
|||||||E|E|E|
||Group||||||||
||Fund balances at 31 March 2021||are represented||by:||||
||Tangible|assets||||50,492|85,914|136,406|
||Heritage|assets||||55,300||55,300|
||Goodwill|||||7,740||7,740|
||Current|assets/(liabilities)||||290,380|45,329|335,709|
||Long term liabilities|||||(98,702)||(98,702)|
|||||||305,210|131,243|436,453|
||Charity||||||||
||Fund balances at 31 March 2021||are represented||by;||||
||Tangible|assets||||45,037|85,914|130,951|
||Heritage|assets||||55,300||55,300|
||Investments|||||100||100|
||Current|assets/(liabilities)||||277,979|45,329|323,308|
||Long term liabilities|||||(55,382)||(55,382)|
|||||||323,034|131,243|454,277|
||For the|year ended 31 March 2020|||||||
|||||||Unrestricted|Restricted|Total|
|||||||E|E|E|
||Group||||||||
||Fund balances at 31 March 2020||are represented||by:||||
||Tangible|assets||||78,385|217,097|295,482|
||Heritage|assets||||55,300||55,300|
||Goodwill|||||10,320||10,320|
||Current|assets/(liabilities)||||(13,248)|(68,086)|(81,334)|
||Long term liabilities|||||(79,146)||(79,146)|
|||||||51,611|149,011|200,622|
||Charity||||||||
||Fund balances at 31 March 2020||are represented||by:||||
||Tangible|assets||||71,560|217,097|288,657|
||Heritage|assets||||55,300||55,300|
||Investments|||||100||100|
||Current|assets/(liabilities)||||9,096|(68,086)|(58,990)|
||Long term liabilities|||||(79,146)||(79,146)|
|||||||56,910|149,011|205,921|





## 

## 

## 

## 

|||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||||8|6|
||Aggregate<br>compensation|||||||46,818|48,952|
|29|Cash generated<br>from operations|||||||2021|2020|
|||||||||8|8|
||Surplus for the year|||||||235,831|20,071|
||Adjustments<br>for:|||||||||
||Investment<br>income recognised|||in statement||offinancial|activities||(42)|
||Depreciation<br>and impairment||oftangible||fixed assets|||159,076|26,211|
||Amortisation<br>of Goodwill|||||||2,580|2,580|
||Movements<br>in working|capital:||||||||
||Decrease/(increase)<br>in|stocks||||||2,628|(4,831)|
||Decrease<br>in debtors|||||||15,005|26,620|
||(Decrease)<br>in creditors|||||||(44,292)|(69,934)|
||(Decrease)/increase<br>in|deferred||income||||(5,855)|30,105|
||Cash generated<br>from|operations||||||364,973|30,780|





## 

## 

## 

## 

|Changes to the bala|nce sheet||||
|---|---|---|---|---|
|||At|31 March 2020||
|||As previously|Ad]ustment|As restated|
|||reported|||
|||6|8||
|Creditors<br>due within|one year||||
|Loans and overdrafts||(17,512)||(17,512)|
|Taxation||(12,418)||(12,418)|
|Trade creditors||(31,688)||(31,688)|
|Deferred<br>income||(40,793)|(64,943)|(105,736)|
|Accruals||(9,549)||(9,549)|
|Total creditors due|within one year|(108,360)|(64,943)|(176,903)|
|Income funds|||||
|Restricted funds||149,011||149,011|
|Unrestricted<br>funds||121,853|(64,943)|56,910|
|Total funds||270,864|(64,943)|205,921|





## 

## 

## 

|Changes to|the profit and loss account|the profit and loss account||||||
|---|---|---|---|---|---|---|---|
||||Period|ended 31 March||2020||
||||As previously||Adjustment|As|restated|
||||reportedf|||||
|Income from:||||||||
|Donations<br>and legacies|||329,700||||329,700|
|Performance||related grants|525,233||(82,500)||442,733|
|Other trading||activities|340,473||||340,473|
|Investments|||42||||42|
|Other income|||152,474||||152,474|
||||1,347,922||(82,500)|1,265,422||
|Expenditure|on:|||||||
|Raising funds|||101,395||||101,395|
|Trading<br>subsidiary|||255,482||||255,482|
|Operating<br>costs|||802,036||(17,557)||784,479|
|Other|||132,245||||132,245|
||||1,291,158||(17,557)||1,273,601|
|Net gains on||investments|28,250||||28,250|
|Net movement||in funds|85,014||(64,943)||20,071|