2021-03-31-accounts - Arts Active Trust

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					2021	2020
			Unrestricted	Restricted	Total	Total
		Notes	fundf	funds	funds E	funds
INCOME AND ENDOWMENTS	FROM
Donations and legacies			100		100	865
Charitable activities
Access to the arts and education			15,529	110,342	125,871	274,256
Total			15,629	110,342	125,971	275,121
EXPENDITURE ON
Raising funds			124		124
Charitable activities
Access to the arts and education			8,637	105,335	113,972	295,835
Total			8,761	105,335	114,096	295,835
NET INCOME/(EXPENDITURE)			6,868	5,007	11,875	(20,714)
Transfers between funds		14	~4.282)	4,282
Net movement in funds			2,586	9,289	11,875	(20,714)
RECONCILIATION OF FUNDS
Total funds brought forward			77,970	48,519	126,489	147,203
TOTAL FUNDS CARRIED FORWARD			80,556	57,808	138,364	126,489

DONATIONS AND LEGACIES
						2021	2020
						F	F
Donations						100	865
INCOME FROM CHARITABLE	ACTIVITIES
						2021	2020
Event income						529	1,857
Grants						110,342	272,399
Contract services						15,000
						125,871	274,266
Grants received, included in the	above,		are	as follows:
						2021	2020
Arts Council ofWales - Arts and	Education			Network Awards			150,000
Arts Council ofWales - Criw Celf		Project				94,917	71,274
Arts Council ofWales - Artworks	Cymru					3,587	23,667
South East Arts - Arts &Education		Network					7,000
Edau - Arts & Education Network							7,000
University ofWales - Arts &Education			Network				7,000
Wales Millenium Centre - Independent			projects: Rawfest				3,395
Cardiff Metropolitan University -	Independent			projects: Rawfest			3,063
Arts Council ofWales - Plwg						10,000
Engage - National Association for		Gallery Education				1,000
Big Lottery Grant						838
						110,342	272,399
CHARITABLE ACTIVITIES COSTS
					Direct	Support
					Costs (see	costs (see
					note 6)	note 7)	Totals
Access to the arts and education					108,662	5,310	113,972

DIRECT COSTS OF CHARITABLE ACTIVITIES
		2021	2020
Subcontractor fees		14,171	86,263
Insurance		879	879
Telephone		658	580
Postage and stationery		4,070	1,330
Activity costs		500	445
Staff training		4444	3,670
Subscriptions		471	2,908
Travel		198	12,466
IT software and consumables		1,265	202
Translation		7,799	4,948
Artists		45,041	78,288
Materials		751	2,689
Producers		26,510	88,163
Refreshments		57	3,214
Bad debts			100
Foreign exchange gains		(6)	(7)
Depreciation		1,854	2,016
		108,662	288,164
SUPPORT COSTS
		Governance
	Finance	costs	Totals
	E
Access to the arts and education	29	5,281	5,310


10.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			fund	funds	funds
			E	E	F
	INCOME AND ENDOWMENTS	FROM
	Donations and legacies		865		865
	Charitable activities
	Access to the arts and education		1,857	272,399	274,256
	Total		2,722	272,399	275,121
	EXPENDITURE ON
	Charitable activities
	Access to the arts and education		10,584	285,251	295,835
	NET INCOME/(EXPENDITURE)		(7,862)	(12,852)	(20,714)
	Transfers between funds		34,876	~34,876)
	Net movement in funds		27,014	(47,728)	(20,714)
	RECONCILIATION OF FUNDS
	Total funds brought forward		50,956	96,247	147,203
	TOTAL FUNDS CARRIED FORWARD		77,970	48,519	126,489
11.	TANGIBLE FIXEDASSETS
					Plant and
					machinery
	COST
	At 1 April 2020 and 31 March 2021				36,358
	DEPRECIATION
	At 1 April 2020				30,944
	Charge for year				1,854
	At 31 March 2021				32,798
	NET BOOK VALUE
	At 31 March 2021				3,560
	At 31 March 2020				5,414

DEBTORS:A	MOU	NT	S F		ALL	ING DU	E WITHIN	ONE YEAR
											2021	2020
											F	f
Trade debtors											2,900
Prepayments	and accrued				income						2,337	7,020
											5,237	7,020
CREDITORS: AMOUNTS					FALLING DUE WITHIN ONE YEAR
											2021	2020
											F
Trade creditors											4,180	2,058
Accruals and	deferred		income								56,375	57,281
											60,555	59,339
Included within accruals and deferred							income above is the following		deferred	income:
											2021	2020
											f	f
Deferred income brought				forward							51,560	61,539
Released to SOFA											(42,516)	(58,657)
Additional income deferred					in	the year					41,678	48,678
											50,722	51,560
The deferred	income		relates to income				received	in advance ofproject delivery.
MOVEMENT	IN FUNDS
									Net		Transfers
									movement		between	At
								At 1/4/20	in funds		funds	31/3/21
									E
Unrestricted	funds
General fund								77,970	6,868		(4,282)	80,556
Restricted funds
Tiddly Prom fund								6,480				6,480
Arts and Education		Networks				Awards	fund	18,814	(21,632)		2,818
Criw Celf fund								4,023	33,949			37,972
Artworks Cymru								17,521	(5,846)			11,675
Rawfest Soundworks								1,681	~1,464)		1,464	1,681
								48,519	5,007		4,282	57,808
TOTAL FUNDS								126,466	11,875			138,364