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2021-03-31-accounts

2021 2020
Unrestricted Restricted Total Total
fund funds funds funds
Notes f. E F
INCOME AND ENDOWMENTS FROM
Charitable
activities
Education,
training
and production		 17,815 43,525 61,340 159,691
Other trading
activities		 1,504 1,504 15,580
Other Income 58,991 58,991
investment
income		 5 5
Total 78,315 43,525 121,840 175,278
EXPENDITURE ON
Charitable
activities
Education,
training
and production		 62,924 61,841 124,765 164,574
NET INCOME/(EXPENDITURE) 15,391 (18,316) (2,925) 10,704
Transfers
between
funds
Net movement
in funds		 15,391 (18,316) (2,925) 10,704
RECONCILIATION
OF FUNDS
Total funds brought
forward		 5,509 23,816 29,325 18,621
TOTAL FUNDS CARRIED FORWARD 20 900 5500 26 400 29325

2021 2020
Equipment &studio hire 1,260 8,357
Other income 244 ~7223
~1504 15,580
3. INVESTMENT INCOME
2021 2020
f.
Deposit account interest 5 7
4. INCOME
Income from charitable activities comprises:
2021
f		 2020
Education, training
and		 production income 17,815 62,086
Grants 43 525 97 605
Total 61 340 159,691
Other Income comprises:
Grants —Covid-19 financial support towards core costs 53,000
Coronavirus Job Retention Scheme 5,991
Total 56 991
Covid-19 financial
support grants were received from Arts Council England 830,000
Colchester Borough Council 620,000 and Essex Community Foundation E3,000.
5. SUPPORT COSTS
Included
in		 expenditure on charitable activities are support costs of8108,189(2020: 6127,045).
6. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2021 2020
f
Independent examiner's remuneration 1,080 1,080
Rent under operating
leases (leased		 expired 7~ May 2019 see note 16) ~1250

STAFF COSTS
2021 2020
Wages and salaries 84,470 92,184
Social security costs 3,878 4,603
Other pension costs ~1785 ~1876
~90 133 ~98 663
The average
monthly
number of		 employees during the year was as follows:
2021 2020
Production
and support		 4 5
No employees
received emoluments		 in excess of660,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
f
INCOME AND ENDOWMENTS FROM
Charitable
activities
Education,
training
and production		 62,086 97,605 159,691
Other trading
activities		 15,580 15,580
Investment
income		 7 7
Total 77,673 97,605 175,278
EXPENDITURE ON
Charitable
activities
Education,
training
and production		 82,072 82,502 164,574
NET INCOME/(EXPENDITURE) (4,399) 15,103 10,704
Transfers
between
funds
Net movement
in funds		 (4,399) 15,103 10,704
RECONCILIATION
OF FUNDS
Total funds brought
forward		 9,908 8,713 18,621
TOTAL FUNDS CARRIED FORWARD 5,509 23,816 29325

10. TANGIBLE FIXEDASSETS TANGIBLE FIXEDASSETS TANGIBLE FIXEDASSETS
Fixtures
and Computer
fittings
f		 equipment
F		 Totals
COST
At 1 April 2020 and 31 March 2021 306 ~22 638 ~22944
DEPRECIATION
At 1 April 2020 and 31 March 2021 306 ~22 628 ~22934
NET BOOK VALUE
At 31 March 2021 10 10
At 31 March 2020 10 10
11. STOCKS
2021 2020
f
Stocks 300 300
12. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
Trade debtors 2,800 3,545
Prepayments
&accrued		 income ~6633 ~1203
~9433 ~4748
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
6 E
Trade creditors 1,298 3,387
Other creditors 1,000
Accruals and deferred income ~1150 ~2508
~2448 6,895
14. ANALYSIS OF NET ASSETS BETWEEN FUNDS
2021 2020
Unrestricted Restricted Total Total
fund funds funds funds
E 6 F
Fixed assets 10 10 10
Current assets 23,338 5,500 28,838 36,210
Current
liabilities		 ~2448) ~2448) ~6,695)
~20 900 ~5500 ~26 400 29,325

MOVEMENT
IN F		 U NDS
Net Transfers
movement between At
At 1.4.20 in funds funds 31.3.21
Unrestricted
funds
General
fund		 5,509 15,391 20,900
Restricted funds
Royal Opera House Bridge 2,500 2,500
NLHF Talk Time 18,225 (18,225)
Youth UK Autism 5,591 (5,591)
EALC Community Initiative Fund 3,000 3,000
~23816 18316 ~5500
TOTAL FUNDS ~29 325 ~2925) ~26 400
Net movement
in funds,		 included in the above are as follows:
Incoming Resources Movement
resources expended in funds
f
Unrestricted
funds
General
fund		 78,315 (62,924) 15,391
Restricted funds
Royal Opera House Bridge 3,500 (1,000) 2,500
SECCADS 1,000 (1,000)
EALC Community
Essex 2020		 Initiative Fund 3,000
2,500		 (2,500) 3,000
NLHF Talk Time 16,525 (34,750) (18,225)
BFI Film Academy
Youth UK Autism		 17,000 (17,000)
(5,591)		 (5,591)
43 525 ~61 841 ~18,316
TOTAL FUNDS 121 846 ~124765) ~2925)
Comparatives
for movement		 in funds
Net Transfers
movement between At
At 1.4.19 in funds funds 31.3.20
f
Unrestricted
funds
General fund 9,908 (4,399) 5,509
Restricted funds
Colchester BC Feasibility 3,913 (3,913)
NLHF Talk Time 18,225 18,225
Youth UK Autism 5,591 5,591
Arts Council England Bit Time 4,800 (4,800)
8,713 15,103 23,816
TOTAL FUNDS 18621 ~10 704 ~29 325

2021 2020
INCOME AND ENDOWMENTS
Other trading activities
Equipment
& studio hire		 1,260 8,357
Other income 244 7,223
1,504 15,580
Investment
income
Deposit account interest
Charitable
activities
Education,
training
and production		 17,815 62,086
Grants 43525 97605
61,340 159,691
Other Income —Covid-19 support
Grants 53,000
Coronavirus
Job Retention Scheme		 5,991
Total incoming resources 121,840 175,278
EXPENDITURE
Charitable
activities
External
projects		 3,290 13,673
Restricted projects 13,286 23,856
16,576 37,529
Support costs
Management
Wages and Salaries 84,470 92,184
Social security 3,878 4,603
Pensions 1,785 1,876
Rent and rates 3,750 9,548
Insurance 1,849 1,635
Energy and water 1,493 4,403
Repairs, Equipment and waste 386 1,790
Telephone,
postage,		 photocopier, stationery 3,354 3,855
Travel &conference expenses 6 58
Sundries 165
Advertising
& marketing		 260 442
Professional
fees		 66
Bank charges and interest 113 745
Subscriptions
8 publications		 1,115 1,012
Staff costs, working from home, development & recruitment 1,173 75
Security Alarms and Fire Protection 876 264
Bad Debts 120
104,508 122,841
Governance costs
Bookkeeping fees and accounting system 2,601 2,680
Independent
examiner's
fees		 1,080 1,080
Accountancy
and legal fees		 444
3,681 4,204
Total resources expended 124765 164574
Net (expenditure)/income ~2,925) 10,704