**The Rondo Trust for the Performing Arts Report and Accounts for the year ended 31 July 2023**
**Registered Charity no. 1000051**
## **THE RONDO TRUST FOR THE PERFORMING ARTS**
|**Registered Charity no. 1000051**||
|---|---|
|**Report and Accounts for the year ended**|**31 July 2023**|
|**TABLE OF CONTENTS**||
||Page No.|
|---|---|
|Administra�on Report|1|
|Trustees Report|2|
|Report of the Independent Examiner|3|
|Statement of Financial Ac�vi�es|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6 - 8|
## **THE RONDO TRUST FOR THE PERFORMING ARTS**
## **Registered Charity no. 1000051**
## **ADMINISTRATION REPORT FOR THE YEAR ENDED 31 July 2023**
|Trustees|Mr J Hetreed (Chairman)|
|---|---|
||Mr P Boddy|
||Mr R Leigh|
||Mr M Na�on|
|Charity No.|1000051|
|Address|The Rondo Theatre|
||St Saviours Road|
||Larkhall|
||Bath|
||BA1 6RT|
|Bankers|HSBC Bank plc|
||45 Milsom Street|
||Bath|
||BA1 1DU|
|Independent Examiner|Mr R M Webster|
||The Great Barn|
||Frampton Mansell|
||Stroud|
||Gloucestershire|
||GL6 8JB|
|Theatre Manager|Mr I McGlynn|
||The Rondo Theatre|
||St Saviours Road|
||Larkhall|
||Bath|
||BA1 6RT|
1
**THE RONDO TRUST FOR THE PERFORMING ARTS TRUSTEES REPORT FOR THE YEAR ENDED 31 July 2023 Charity No. 1000051**
The trustees present their report for the year to 31 July 2023
## **OBJECTS AND PRINCIPAL ACTIVITIES**
The Rondo Trust for The Performing Arts is a body set up by a deed on 27 July 1990 (amended by deed on 17 August 2009). The objects of the trust are to educate the public in the performing arts, in par�cular by the promo�on and produc�on of plays and the encouragement of the arts including the arts of drama, mime, dance, singing and music for the benefit of the public.
The main ac�vi�es undertaken by the trust are the promo�on of performances at the Rondo Theatre by both amateur and professional ar�sts, and suppor�ng the Rondo Music and Concert Club, the Rondo Theatre Company, the Rondo Writers Group, the Rondo Actors Workshops, and childrens theatre groups.
The trustees have had regard to the Charity Commission's guidance on public benefit.
## **TRUSTEES**
The trustees serving during the year are listed in the Administra�on report on page 1.
## **APPOINTMENT OF TRUSTEES**
New trustees may be appointed by a resolu�on of the trustees.
## **ACHIEVEMENTS AND PERFORMANCE**
The trustees report that the Trust has successfully weathered the storm created by the Covid crisis and is in good shape. The trustees are looking forward to a successful future. The trustees are grateful for the support of all those who have contributed to the Rondo Pledge Scheme, The Rondo Lover Scheme and the Rondo Seat Fund.
The trustees con�nue to ensure that the Rondo Theatre is well maintained.
## **FINANCIAL REVIEW**
The Trustees report another successful year.
Reserves. It is the policy of the trustees to maintain reserves sufficient to ensure the con�nued successful opera�on of the theatre and its ac�vi�es. The trustees consider that the reserves held are appropriate to pursue the objects and ac�vi�es of the trust.
## **RISK MANAGEMENT**
The trustees monitor the risks to the organisa�on on a regular basis. They are sa�sfied that systems are in place to minimise or mi�gate these.
## **TRUSTEES RESPONSIBILITIES**
The trustees are required to prepare accounts for each financial year, which give a true and fair view of the state of affairs of the trust and of the surplus or deficit for that year. In preparing those accounts the trustees are required to:
1) Select suitable accoun�ng policies and apply them consistently.
2) Make judgements and es�mates that are reasonable and prudent.
3) Prepare the financial statements on the going concern basis, unless it is inappropriate to presume that the trust will con�nue in opera�on.
The trustees are responsible for the keeping of proper accoun�ng records which disclose with reasonable accuracy at any �me the financial posi�on of the trust. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the preven�on and detec�on of fraud and other irregulari�es.
The trustees consider that the audit requirement of sec�on 144 of the Chari�es Act 2011 does not apply.
## **VOLUNTEERS**
The trust con�nues to rely on volunteers who support the staff employed by the trust. The volunteers make the Rondo the success that it is and the trustees would like to take this opportunity to thank them for their con�nued support.
Approved by the trustees and signed on their behalf by
J.Hetreed Chairman of the Trust
Date:
24 June 2024
..............................................
2
## **THE RONDO TRUST FOR THE PERFORMING ARTS**
## **REPORT OF THE INDEPENDENT EXAMINER FOR THE YEAR ENDED**
## **31 July 2023**
## **Report of The Independent Examiner to the Trustees of the Rondo Trust for the Performing Arts. Charity Number 1000051.**
I report on the accounts of the Trust for the year ended
31 July 2023
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under
- section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention
## **Basis of independent examiner’s statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement b l
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of
- accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: R M Webster The Great Barn Frampton Mansell Stroud Gloucestershire GL6 8JB
Date:
24/06/2024
3
## **THE RONDO TRUST FOR THE PERFORMING ARTS Charity No. 1000051**
**STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED**
## **31 July 2023**
|**Notes**
**INCOMING RESOURCES**
Voluntary Income
Grants & dona�ons
3.1
Investment income
Bank interest received
Incoming Resources from Charitable Ac�vi�es
Theatre rental
Box ofce commissions & levies
Events & promo�ons
3.2
Bar sales
3.3
Other
**Total incoming resources**
**RESOURCES EXPENDED**
Charitable Ac�vi�es
Theatre opera�ng expenses
Theatre refurbishment
Theatre insurance
Administra�on staf costs
Marke�ng costs
Administra�on expenses
Events & promo�ons
3.2
Bar purchases
3.3
Promo�onal expenses
3.4
Deprecia�on
**Total resources expended**
**Net incoming / (outgoing) resources**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**Total funds carried forward**|**2023**
**£**
35,291
20,453
9,608
37,296
751
**Unrestricted**
**Funds**|**2023**
**£**
969
37
103,399
**Unrestricted**
**Funds**||**2023**
**£**
4,857
**Restricted**
**Funds**
**The Rondo**
**Seat Fund**||**2023**
**2023**
**Total Funds**
**£**
**£**
5,826
37
35,291
20,453
9,608
37,296
751
103,399
109,262
10,065
3,072
2,738
14,750
13,765
16,278
4,410
16,659
18,667
2,572
102,976
6,286
6,286
45,530
51,816
**Total**
**Funds**|**2023**
**2023**
**Total Funds**
**£**
**£**
5,826
37
35,291
20,453
9,608
37,296
751
103,399
109,262
10,065
3,072
2,738
14,750
13,765
16,278
4,410
16,659
18,667
2,572
102,976
6,286
6,286
45,530
51,816
**Total**
**Funds**||**2022**
**2022**
**Total Funds**
**£**
**£**
6,670
19
20,035
12,897
8,255
25,522
30
66,739
73,428
9,881
879
2,486
26,050
18,035
4,021
5,357
11,923
10,606
3,458
92,696
(19,268)
(19,268)
64,798
45,530
**Total**
**Funds**|**2022**
**2022**
**Total Funds**
**£**
**£**
6,670
19
20,035
12,897
8,255
25,522
30
66,739
73,428
9,881
879
2,486
26,050
18,035
4,021
5,357
11,923
10,606
3,458
92,696
(19,268)
(19,268)
64,798
45,530
**Total**
**Funds**|
|---|---|---|---|---|---|---|---|---|---|---|
||10,065
3,072
2,738
14,750
13,765
16,278
4,410
16,659
18,667
2,572||||||||||
|||104,405
102,976||4,857|||||||
||||||||||||
|||1,429||4,857|||6,286|||(19,268)|
|||1,429
45,530||4,857|||6,286
45,530|||(19,268)
64,798|
|||46,959||4,857|||51,816|||45,530|
||||||||||||
There were no other recognised gains or losses. The notes on pages 6 to 8 form an integral part of these accounts.
4
## **THE RONDO TRUST FOR THE PERFORMING ARTS Charity No. 1000051**
|**BALANCE SHEET AS AT**
**31 July 2023**
**Notes**
**FIXED ASSETS**
Tangible assets
4
**CURRENT ASSETS**
Debtors & prepayments
5
Cash at bank and in hand
**Total Current Assets**
**CURRENT LIABILITIES:**
Amounts falling due within one year
6
**NET CURRENT ASSETS**
**NET ASSETS**
**FUNDS OF THE CHARITY**
7||**2023**
**£**
8,213
38,746
46,959
46,959
**Unrestricted**
**Funds**|**2023**
**£**
4,857
4,857
4,857
**Restricted**
**Funds**
**The Rondo**
**Seat Fund**|**2023**
**2023**
**£**
**£**
8,213
408
57,072
57,480
13,877
43,603
51,816
51,816
**Total**
**Funds**
**Total**
**Funds**|**2023**
**2023**
**£**
**£**
8,213
408
57,072
57,480
13,877
43,603
51,816
51,816
**Total**
**Funds**
**Total**
**Funds**|||
|---|---|---|---|---|---|---|---|
||**2023**
**£**
408
52,215
**Unrestricted**
**Funds**|**2023**
**£**
8,213
38,746
**Unrestricted**
**Funds**|**2023**
**£**
4,857
**Restricted**
**Funds**
**The Rondo**
**Seat Fund**|**2023**
**2023**
**£**
**£**
8,213
408
57,072
57,480
13,877
43,603
51,816
51,816
**Total**
**Funds**
**Total**
**Funds**||**2022**
**2022**
**£**
**£**
9,482
852
47,670
48,522
12,474
36,048
45,530
45,530
**Total**
**Funds**
**Total**
**Funds**||
||52,623
13,877|||||||
|||||||||
|||46,959|4,857||51,816||45,530|
|||46,959|4,857||51,816||45,530|
|||||||||
The notes on pages 6 to 8 form an integral part of these accounts.
Signed on behalf of the Trustees
J Hetreed Date: Chairman
24 June 2024 ..........................................
5
**THE RONDO TRUST FOR THE PERFORMING ARTS Charity No. 1000051**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED**
## **31 July 2023**
## **Note 1 Basis of accoun�ng**
These accounts have been prepared under the historical cost conven�on with items recognised at cost or transac�on value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
- the Statement of Recommended Prac�ce: Accoun�ng and Repor�ng by Chari�es preparing their accounts in accordance with the Financial Repor�ng Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
- and with the Financial Repor�ng Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
- and with the Chari�es Act 2011.
The charity cons�tutes a public benefit en�ty as defined by FRS 102
## **Note 2 Accoun�ng policies**
## **2.1 Recogni�on of incoming resources**
There has been no offse�ng of assets and liabili�es, or income and expenses, unless required or permi�ed by the FRS102 SORP or FRS102
Items of income are included in the Statement of Financial Ac�vi�es (SoFA) when:
- the charity becomes en�tled to the resources;
- the trustees are virtually certain they will receive the resources; and
- the monetary value can be measured with sufficient reliability.
## **Grants and dona�ons**
Grants and dona�ons are only included in the SoFA when the general income recogni�on criteria are met (5.10 to 5.12 FRS 102 SORP).
## **Volunteer help**
The value of any voluntary help received is not included in the accounts but is described in the trustees annual report
## **Investment income**
This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.
## **2.2 Expenditure and liabili�es Liability recogni�on**
Liabili�es are recognised as soon as there is a legal or construc�ve obliga�on commi�ng the charity to the expenditure. All expenditure is accounted for on an accruals basis.
## **Governance costs**
Governance costs comprise all costs involving public accountability of the charity and its compliance with regula�on and good prac�ce.
## **2.3 Assets Tangible fixed assets**
Tangible fixed assets are stated at cost less deprecia�on. Deprecia�on is provided at rates calculated to write off the cost less es�mated residual value of each asset over its expected useful life, as follows:
## Plant & Equipment
at rates between 10% and 25% per annum, straight line basis
No considera�on was given for the freehold of the Rondo Theatre and the trustees have not sought to obtain a valua�on.
6
## **THE RONDO TRUST FOR THE PERFORMING ARTS Charity No. 1000051**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED**
## **31 July 2023**
|**2023**
**£**
**Note 3**
**Analysis of incoming and expended resources**
**3.1**
**Grants & dona�ons (Unrestricted)**
Rondo Lover & Rondo Pledge
969
Rondo Seat Fund
Bath and North East Somerset
Arts Council of England
Amazon Smile
969
**3.2**
**Events & promo�ons**
Income
Rondo Theatre Company
9,608
Expenditure
Rondo Theatre Company
(4,410)
Rondo Theatre
Net income less expenditure
5,198
**3.3**
**Bar trading**
Bar sales
37,296
Bar purchases
(16,659)
20,637
Gross margin
55%
**3.4**
**Promo�onal expenses**
Theatre programmes
9,873
Other
8,794
18,667
**Unrestricted**
**Funds**|**2023**
**£**
**Note 3**
**Analysis of incoming and expended resources**
**3.1**
**Grants & dona�ons (Unrestricted)**
Rondo Lover & Rondo Pledge
969
Rondo Seat Fund
Bath and North East Somerset
Arts Council of England
Amazon Smile
969
**3.2**
**Events & promo�ons**
Income
Rondo Theatre Company
9,608
Expenditure
Rondo Theatre Company
(4,410)
Rondo Theatre
Net income less expenditure
5,198
**3.3**
**Bar trading**
Bar sales
37,296
Bar purchases
(16,659)
20,637
Gross margin
55%
**3.4**
**Promo�onal expenses**
Theatre programmes
9,873
Other
8,794
18,667
**Unrestricted**
**Funds**|**2023**
**£**
**Note 3**
**Analysis of incoming and expended resources**
**3.1**
**Grants & dona�ons (Unrestricted)**
Rondo Lover & Rondo Pledge
969
Rondo Seat Fund
Bath and North East Somerset
Arts Council of England
Amazon Smile
969
**3.2**
**Events & promo�ons**
Income
Rondo Theatre Company
9,608
Expenditure
Rondo Theatre Company
(4,410)
Rondo Theatre
Net income less expenditure
5,198
**3.3**
**Bar trading**
Bar sales
37,296
Bar purchases
(16,659)
20,637
Gross margin
55%
**3.4**
**Promo�onal expenses**
Theatre programmes
9,873
Other
8,794
18,667
**Unrestricted**
**Funds**|**2023**
**£**
4857
4,857
**Restricted**
**Funds**
**The Rondo**
**Seat Fund**||**2022**
**£**
754
3626
2284
6|
|---|---|---|---|---|---|
|||969|||6,670|
|||9,608
(4,410)|||8,255
(5,307)
(50)|
|||5,198|||2,898|
|||37,296
(16,659)||25,522
(11,923)||
|||20,637||13,599||
|||55%
9,873
8,794||53%
8,460
2,146||
|||18,667||10,606||
7
## **THE RONDO TRUST FOR THE PERFORMING ARTS Charity No. 1000051**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 July 2023**
|**Note 4**
**Tangible Fixed assets**
**Cost**
At 01 August 2022
Addi�ons
Disposals
At 31 July 2023
**Deprecia�on**
At 01 August 2022
Disposals
Charge for the year
At 31 July 2023
**Net book value**
**At 31 July 2023**
**At 31 July 2022**
**Note 5**
**Debtors & Prepayments**
Prepayments and Accrued Income
**Note 6**
**Creditors: Amounts falling due within one year**
Accrued expenses
Other creditors
**Note 7**
**Funds**
**General Fund**
**At 01 August 2022**
41,656
3,874
Transfers in year
Surplus / (defcit) for the year
874
555
**At 31 July 2023**
**42,530**
**4,429**
The Trust also owns the freehold of the Rondo Theatre. No considera�on wa
and the trustees have not sought to obtain a valua�on
**Unrestricted**
**Fund**
**Unrestricted**
**Fund**
**The Rondo**
**Theatre**
**Company**
**fund**|**Note 4**
**Tangible Fixed assets**
**Cost**
At 01 August 2022
Addi�ons
Disposals
At 31 July 2023
**Deprecia�on**
At 01 August 2022
Disposals
Charge for the year
At 31 July 2023
**Net book value**
**At 31 July 2023**
**At 31 July 2022**
**Note 5**
**Debtors & Prepayments**
Prepayments and Accrued Income
**Note 6**
**Creditors: Amounts falling due within one year**
Accrued expenses
Other creditors
**Note 7**
**Funds**
**General Fund**
**At 01 August 2022**
41,656
3,874
Transfers in year
Surplus / (defcit) for the year
874
555
**At 31 July 2023**
**42,530**
**4,429**
The Trust also owns the freehold of the Rondo Theatre. No considera�on wa
and the trustees have not sought to obtain a valua�on
**Unrestricted**
**Fund**
**Unrestricted**
**Fund**
**The Rondo**
**Theatre**
**Company**
**fund**|**Note 4**
**Tangible Fixed assets**
**Cost**
At 01 August 2022
Addi�ons
Disposals
At 31 July 2023
**Deprecia�on**
At 01 August 2022
Disposals
Charge for the year
At 31 July 2023
**Net book value**
**At 31 July 2023**
**At 31 July 2022**
**Note 5**
**Debtors & Prepayments**
Prepayments and Accrued Income
**Note 6**
**Creditors: Amounts falling due within one year**
Accrued expenses
Other creditors
**Note 7**
**Funds**
**General Fund**
**At 01 August 2022**
41,656
3,874
Transfers in year
Surplus / (defcit) for the year
874
555
**At 31 July 2023**
**42,530**
**4,429**
The Trust also owns the freehold of the Rondo Theatre. No considera�on wa
and the trustees have not sought to obtain a valua�on
**Unrestricted**
**Fund**
**Unrestricted**
**Fund**
**The Rondo**
**Theatre**
**Company**
**fund**|**Note 4**
**Tangible Fixed assets**
**Cost**
At 01 August 2022
Addi�ons
Disposals
At 31 July 2023
**Deprecia�on**
At 01 August 2022
Disposals
Charge for the year
At 31 July 2023
**Net book value**
**At 31 July 2023**
**At 31 July 2022**
**Note 5**
**Debtors & Prepayments**
Prepayments and Accrued Income
**Note 6**
**Creditors: Amounts falling due within one year**
Accrued expenses
Other creditors
**Note 7**
**Funds**
**General Fund**
**At 01 August 2022**
41,656
3,874
Transfers in year
Surplus / (defcit) for the year
874
555
**At 31 July 2023**
**42,530**
**4,429**
The Trust also owns the freehold of the Rondo Theatre. No considera�on wa
and the trustees have not sought to obtain a valua�on
**Unrestricted**
**Fund**
**Unrestricted**
**Fund**
**The Rondo**
**Theatre**
**Company**
**fund**|**Plant & Equipment**
**£**
28,986
1,303
30,289
19,504
2,572
22,076
**8,213**
**9,482**
**2023**
**2022**
**£**
**£**
408
852
**2023**
**2022**
**£**
**£**
1,877
10,229
12,000
2,245
13,877
12,474
**Total**
**Funds**
45,530
0
45,530
0
1,429
4,857
6,286
**46,959**
**4,857**
**51,816**
s given for the freehold of the Rondo Theatre
**Unrestricted**
**Funds**
**Restricted**
**Fund**
**Total**
**Unrestricted**
**Funds**
**The Rondo**
**Seat Fund**|**Plant & Equipment**
**£**
28,986
1,303
30,289
19,504
2,572
22,076
**8,213**
**9,482**
**2023**
**2022**
**£**
**£**
408
852
**2023**
**2022**
**£**
**£**
1,877
10,229
12,000
2,245
13,877
12,474
**Total**
**Funds**
45,530
0
45,530
0
1,429
4,857
6,286
**46,959**
**4,857**
**51,816**
s given for the freehold of the Rondo Theatre
**Unrestricted**
**Funds**
**Restricted**
**Fund**
**Total**
**Unrestricted**
**Funds**
**The Rondo**
**Seat Fund**|**Plant & Equipment**
**£**
28,986
1,303
30,289
19,504
2,572
22,076
**8,213**
**9,482**
**2023**
**2022**
**£**
**£**
408
852
**2023**
**2022**
**£**
**£**
1,877
10,229
12,000
2,245
13,877
12,474
**Total**
**Funds**
45,530
0
45,530
0
1,429
4,857
6,286
**46,959**
**4,857**
**51,816**
s given for the freehold of the Rondo Theatre
**Unrestricted**
**Funds**
**Restricted**
**Fund**
**Total**
**Unrestricted**
**Funds**
**The Rondo**
**Seat Fund**|**Plant & Equipment**
**£**
28,986
1,303
30,289
19,504
2,572
22,076
**8,213**
**9,482**
**2023**
**2022**
**£**
**£**
408
852
**2023**
**2022**
**£**
**£**
1,877
10,229
12,000
2,245
13,877
12,474
**Total**
**Funds**
45,530
0
45,530
0
1,429
4,857
6,286
**46,959**
**4,857**
**51,816**
s given for the freehold of the Rondo Theatre
**Unrestricted**
**Funds**
**Restricted**
**Fund**
**Total**
**Unrestricted**
**Funds**
**The Rondo**
**Seat Fund**|
|---|---|---|---|---|---|---|---|
||||||||**2022**
**£**
10,229
2,245|
||||||||12,474|
||||||||**Total**
**Funds**
45,530
0
6,286|
|||||||||
|||**42,530**|**4,429**||**46,959**||**51,816**|
The Rondo Theatre Company fund is held by the amateur drama�c company part of the Rondo Trust, and is unrestricted. The Restricted Fund represents unspent dona�ons for the replacement of the Rondo Theatre sea�ng
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