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2023-03-31-accounts

2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
Notes 6 6
INCOME AND ENDOWMENTS FROM
Charitable
activities
Education,
training
and production		 35,726 132,442 168,168 96,296
Other trading
activgies
Other Income		 3,147 3,147 2,372
52,598
Investment
income		 30 30 15
Total 38,903 132,442 171,345 151,281
EXPENDITURE ON
Charitable
activities
Education,
training
snd production		 51,033 96,698 147,731 147,510
NET INCOME/(EXPENDITURE) (12,130) 35,744 23,614 3,771
Transfers between funds ~26) 26
Net movement
in funds		 (12,156) 35,770 23,614 3,771
RECONCILIATION
OF FUNDS
Total funds brought
forward		 15,445 14,726 30,171 26,400
TOTAL FUNDS CARRIED FORWARD ~3289 ~50 496 30,171

2023 2022
Notes 6 6
FIXEDASSETS
Tangible assets 10 2,658 2,639
CURRENT ASSETS
Stocks 11 300 300
Debtors 12 9,633 9,037
Cash at bank and in hand 45,584 22,225
55,517 31,562
CREDITORS
Amounts
falling due within one year		 13 (4,390) (4,030)
NET CURRENT ASSETS 51,127 27,532
TOTAL ASSETSLESSCURRENT LIABILITIES 53,785 30,171
NET ASSETS ~53 785 30,171
FUNDS 15
Unrestricted
funds		 3,289 7,645
Designated
funds		 7,800
Restricted funds ~50496 14,726
TOTAL FUNDS ~53 785 30,171

2. OTHER TRADING ACT IVI TIES
2023f 2022f
Equipment
hire/sales
&
Other income		 space hire 3,053 1,774
598
3,147 2,372
3. INVESTNIENT INCOME
2023
f		 2022f
Deposit account interest 30 15
4. INCOME
Income from charitable activities comprises.
2023
f		 2022
f
Education,
training
and		 produclion income 35,726 45,613
Grants ~132442 50,683
Total ~166168 96,296
Other Income comprises'
Grants —Covid-19 financial
Coronavirus
Job Retention		 support towards
Scheme		 core costs/equipment 50,755
~1843
Total 52,598
Covid-19 financial
support/recovery		 grants in the prior year were received from
Aria Council England f37,000 and Colchester Borough Council f13,755.
5. SUPPORT COSTS
Included
in expenditure		 on charitable activities are support costs off110,937(2022: f112,445).
6. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated afier charging/(crediting):
2023 2022
E
Independent
examiner's		 remuneration —current year fee 1,200 1,140
- prior year adjustment 30
-accounting fee for grant return 360

STAFFCOSTS
2023
E		 2022f
Wages and salaries
Social security costs
Other pension costs		 81,630
1,602
1,673		 84,381
2,534
1,733
84,905 ~88 648
The average
monthly
number		 of employees during the year was as follows:
2023 2022
Production
and support		 4 4
No employees
received emoluments		 in excess of E60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds
f		 funds
f		 fundsf
INCOME AND ENDOWMENTS FROM
Charitable
activities
Education,
training
and production		 45.613 50,683 96,296
Other trading
activities
Other income		 2,372
48,843		 3,755 2,372
52,598
Investment
income		 15 15
Total 151,281
EXPENDITURE ON
Charitable
activities
Education,
training
and production		 102,269 45,241 147,510
NET INCOME/(EXPENDITURE) (5,426) 9,197 3,771
Transfers between
funds		 (29) 29
Net movement
in funds		 (5,455) 9,226 3,771
RECONCILIATION
OF FUNDS
Total funds brought forward 20,900 5,500 26,400
TOTAL FUNDS CARRIED FORWARD 15,445 14,726 30,171

10. TANGIBLE FIXEDAS SETS
Fixtures Computer
and and glm
fittings
f		 equipment
f.		 Totals
f
COST
At 1 April 2022
Additions
during the year		 306 26,237
1,339		 26,543
1,339
At 31March 2023 306 27,576 27,882
DEPRECIAllON
At 1 April 2022
Depreciation
during the		 year 306 23,598
1,320		 23,904
1,320
At 31 March 2023 306 24,918 25,224
NET BOOK VALUE
At 31 INarch 2023 2,658 2,658
At 31 March 2022 2,639 2,639
11. STOCKS
2023
f		 2022
f
Stocks 300 300
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
f		 2022
E
Trade debtors eoo 6,200
Prepayments
&accrued income		 8,833 2,837
~9633 9,037
13. CREDITORS: ASIOUNTS FALLING DUE WITHIN ONE YEAR
2023
f		 2022
E
Trade creditors 798 1,753
Accruals and deferred income ~3592 ~2277
~4390 4,030
14. ANALYSIS OF NET ASSETS BETWEEN FUNDS
2023 2022
Unrestricted Restrirted Total Total
funds
f		 funds
E		 funds
f		 funds
Fixed assets 2,658 2,658 2,639
Current assets 5,021 50,496 55,517 31,562
Current
liabilities		 ~4390l ~4390) ~4,030)
3,289 50,495 53,785 30,171

MOVEMENT
IN FUNDS
Net Transfers
movement between At
At 1.4.22
K		 in funds
f		 funds
f		 31.3.23
f
Unrestricted
funds
General
fund		 7,645 (12,130) 7,774 3,289
Designated
fund		 7,800 (7,800)
Restricted funds
NLHF People ofEssex 44,413 44,413
Essex Community
Foundation		 4,000 (4,000)
EALC Community
Initiative		 Fund 2022 4,167 (4,181) 14
Colchester BCevents support 1,400 (1,400)
Colchester BCCoed recovery support 473 (485) 12
Awards
For A8- Website
Children
In Need		 ~4686 3,400
~2003)		 3,400
~2683
14,726 35,744 26 50,496
TOTAL FUNDS ~30 171 ~23 614 53,785
Net movement
in funds, induded		 in the above are as follows:
Incoming Resources Movement
resources
f.		 expended
f		 in funds
f.
Unrestricted
funds
General fund 38,903 (51,033) (12,130)
Restricted funds
NLHF People ofEssex 46,750 (2,337) 44,413
Essex Community
Foundation		 (4,000) (4,000)
EALC Community
Initiative		 Fund 2022 (4,181) (4,181)
Colchester BCevents support (1,400) (1,400)
Colchester BC Covid recovery support (486) (486)
Awards
For All - Website		 3,700 (300) 3,400
ECC Revenue
Grant		 17,500 (17,500)
Children
In Need		 4,792 (6,795) (2,003)
ACE Plug In Creatives 24,000 (24,000)
Fowler Smith Jones 2,000 (2,000)
BFIFilm Academy 17,000 (17,000)
BFIFilm Club ~16700 ~16700)
132,442 ~SS690 35,744
TOTAL FUNDS ~171 345 ~147731) ~23 614

MOVEMENT
IN F		 UNDS - cont UNDS - cont inued
Comparatives
for		 movement in funds
Net Transfers
movement between At
At 1.4.21 in funds
f		 funds
f		 31.3.22
f
Unrestricted
funds
General fund 20,900 (5,426) (7,829) 7,645
Designated
fund		 7,800 7,800
Restricted funds
Royal Opera House Bridge
Essex Community
Foundation		 2,500 (2,500)
4,000		 4,000
EALC Community Initiative Fund 2022 4,167 4,167
Colchester BCevents support 1,400 1,400
Colchester BC Covid recovery support 473 473
EALC Community
Children
In Need		 Initiative Fund 2021 3,000 (3,029)
4,686		 29 4,686
~5500 ~9197 29 14,726
TOTAL FUNDS 26,400 3,771 30,171
Comparative
net movement		 in funds, induded in the above are as follows
Incoming Resources Movement
resources
f		 expended
f		 in funds
f
Unrestricted
funds
General fund (102,269) (5,426)
Restricted funds
Royal Opera House Bridge 1,500 (4,000) (2,500)
Essex Community Foundation 4,000 4,000
EALC Community Initiative Fund 2022 4,357 (190) 4,167
Colchester BCevents support 1,400 1,400
Colchester BC Covid recovery support 3,755 (3,282) 473
EALC Community Initiative Fund 2021 (3,029) (3,029)
Children
In Need		 5,426 (740) 4,686
BFIFilm Academy 17,000 (17,000)
BFIFilm Club 17,000 (17,000)
54,438 45,241 9,197
TOTAL FUNDS 151,281 ~147,510) 3,771