| Page | |||
|---|---|---|---|
| Reference and administrative | details ofthe Trust, Its Trustees and advisers | 1-2 | |
| Chairman's statement |
3-4 | ||
| Trustees' report |
5-11 | ||
| Independent examiner's report |
12-13 | ||
| Statement of flnanclal |
actlvltles | 14 | |
| Balance sheet | 15-16 | ||
| Notes to the flnanclal | statements | 17-29 |
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|---|---|---|---|---|---|---|---|---|---|
| i:('A'cot'n'pa'py' | lirrflter( | b'y | g'u'ahi'ntee) | .", | |||||
| REFERENCE AND ADMINISTRATIVE | DETAILS OF | THE TRUST, ITS | TRUSTEES AND ADVISERS | ||||||
| FOR THE YEAR | ENDED 30SEPTEMBER 2021 | ||||||||
| Trustees | N Jacobs, Chairman | ||||||||
| I Tracey, Secretary | |||||||||
| A Francis (deceased | 18November | 2020) | |||||||
| I Cartland | |||||||||
| D Clark, Treasurer (to 18May 2021) (resigned J Goulding (resigned 1 April 2021) |
10September 2021) | ||||||||
| K Harris | |||||||||
| C Hooks | |||||||||
| BMarkham | |||||||||
| T Mills | |||||||||
| R White-Robinson | |||||||||
| G Wiggins | |||||||||
| J Wicks, Treasurer | (from 18May 2021) (appointed | 20 April 2021) | |||||||
| D Holloway (appointed |
8 December | 2020) | |||||||
| Company | registered | ||||||||
| number | 2002819 (England | &Wales) | |||||||
| Charity registered | |||||||||
| number | 1001022 | ||||||||
| Registered | office | Tower Road | |||||||
| Clacton on Sea | |||||||||
| Essex | |||||||||
| CO15 1LE | |||||||||
| Company | secretary | I Tracey | |||||||
| Accountants | Griffin Chapman | ||||||||
| Chartered Accountants |
|||||||||
| 4 &5The Cedars | |||||||||
| Apex 12 | |||||||||
| Old Ipswich Road | |||||||||
| Colchester | |||||||||
| Essex | |||||||||
| CO7 7QR |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| Note | 2021 2 |
2021 2 |
2020f | ||
| Income from: | |||||
| Donations and legacies |
3 | 261,456 | 261,456 | 7L033 | |
| Charitable activities |
4 | 211,678 | 211,678 | 315,692 | |
| Investments | 5 | 1,165 | 1,165 | 2,092 | |
| Total Income | 474,299 | 474,299 | 388,872 | ||
| Expenditure on: |
|||||
| Charitable activities |
318,445 | 318,445 | 462,082 | ||
| Total expenditure | 318,445 | 318,445 | 462,082 | ||
| Net movement ln funds |
155,854 | 155,854 | (73,210) | ||
| Reconciliation offunds: |
|||||
| Total funds brought | forward | 2,166,533 | 2,166,533 | 2,239,743 | |
| Net movement in funds |
155,854 | 155,854 | (73,210) | ||
| 'Total funds carried forward | 2,322,387 | 2,322,387 | 2,166,533 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Note | 2 | ||||||||
| Fixed assets | |||||||||
| Tangible assets | 2,059,512 | 2056,610 | |||||||
| 2,059,512 | 2,056,610 | ||||||||
| Current assets | |||||||||
| Stocks | 12 | 610 | 610 | ||||||
| Debtors | 13 | 28,113 | 2,467 | ||||||
| Cash at bank and | in | hand | 330,306 | 216,392 | |||||
| 359,029 | 219,409 | ||||||||
| Creditors: amounts | falling | due within one | |||||||
| year | (96,154) | (109,486) | |||||||
| Net current assets | 262,875 | 109,923 | |||||||
| Total assets less | current | liabilities | 2,322,387 | 2,166,533 | |||||
| Net assets excluding | pension asset | 2,322,387 | 2,166,533 | ||||||
| Total net assets | 2,322,387 | 2,166,538 | |||||||
| Charity funds | |||||||||
| Restricted funds |
16 | ||||||||
| Unrestricted funds |
|||||||||
| General funds | 16 | 384,531 | 228,677 | ||||||
| Revaluation reserve |
1,937,856 | 1,937,856 | |||||||
| Total unrestricted | funds | 16 | 2,322,387 | 2 166,583 | |||||
| Total funds | 2,322,387 | 2 166,533 |
| Unrestricted | Total | Totai | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2021 | 2021 | 2020 | |||
| 6 | |||||
| Donations | |||||
| Charity shop: sale of donated | goods | 14,664 | 14,664 | 21,486 | |
| Friends of the West Cliff |
17,644 | 17,644 | 10,044 | ||
| Other donations | and gift aid | 20,642 | 20,642 | 4,391 | |
| Sponsorship | 350 | 350 | 187 | ||
| Legacies | |||||
| Legacy received | 2,000 | 2,000 | |||
| Grants | |||||
| Arts Council grants | 165,000 | 165,000 | |||
| Government COVID support |
grants | 41,156 | 41,156 | 35,000 | |
| 261,456 | 261,456 | 71,088 | |||
| Total 2020 | 71,088 | 71,088 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021 2 |
2021 2 |
2020f | ||
| Kiosk sales | 5,741 | 5,741 | 12,525 | |
| Merchandising | 270 | 270 | 1,555 | |
| Box Office sales | 200,711 | 200,711 | 289,873 | |
| Youth Theatre | 360 | |||
| Hire fees | (230) | (230) | 500 | |
| Bar and concessions | - general | 3,250 | ||
| Bar and concessions | - car parking | 5,186 | 5,186 | 7,498 |
| Sundry income | 331 | |||
| 211,678 | 211,678 | 315,592 | ||
| Total 2020 | 315,692 | 315,692 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2021 | 2021 | 2020 | ||
| 8 | 2 | |||
| Bank | interest | 1,165 | 1,165 | 2,092 |
| Total | 2020 | 2,092 | 2,092 |
| Unrestricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||
| 2021 | 2021 | 2020 | |||||
| 2 | 2 | ||||||
| Charitable | Activities | 318,445 | 318,445 | 462,082 | |||
| Total 2020 | 462,082 | 462,082 | |||||
| Summary Charitable |
by expenditure Activities |
type | Staff costs 2021 64,767 |
Depreciation Other costs 2021 2021 |
2 17,422 236,256 |
Total funds 2021 2 318,445 |
|
| Total 2020 | 64,see | 15,820 | 381,664 | 462,082 |
| Activities | ||||
|---|---|---|---|---|
| undertaken | Total | Total | ||
| dIrectly | funds | funds | ||
| 2021 | 2021 | 2020 | ||
| 2 | ||||
| Charitable | Activities | 318,445 | 318,445 | 462,082 |
| Total 2020 | 462,082 | 462,082 |
| Total | TotaI | ||
|---|---|---|---|
| Theatre | funds | funds | |
| 2021 2 |
2021 2 |
2020f | |
| Staff costs | 64,767 | 64,767 | 64,598 |
| Depreciation | 17,422 | 17,422 | 15,820 |
| Purchases of kiosk sales |
2,785 | 2,785 | 5,025 |
| Performers and other show costs |
1 15,788 | 115,788 | 215,245 |
| SOLT Commission | (78) | (78) | (13) |
| Fundraising costs |
4,603 | 4,603 | 866 |
| Light and heat | 7,224 | 7,224 | 9,647 |
| Charity shop overheads | 2,400 | 2,400 | 3,000 |
| Rates and water | 1,524 | 1,524 | 2,181 |
| Waste disposal | 2,731 | 2,731 | 3,373 |
| Repairs and maintenance | 31,728 | 31,728 | 67,712 |
| Technical | 1,500 | 1,500 | 2,678 |
| Insurance | 13,006 | 13,006 | 13,019 |
| Cleaning | 3,268 | 3,268 | 5,434 |
| Performing rights |
(1,1 71) | (1,171) | 7,981 |
| Printing postage and stationery |
1,896 | 1,896 | 4,648 |
| Advertising | 11,164 | 11,164 | 7,908 |
| Website and computer costs | 15,070 | 15,070 | 18,944 |
| Telephone | 1,346 | 1,346 | 1,021 |
| Licences and related costs | 532 | 532 | 335 |
| Bank and credit card charges | 2,214 | 2,214 | 3,871 |
| General expenses | 1,038 | 1,038 | 491 |
| Training | 1,059 | 1,059 | |
| Professional fees |
1,515 | ||
| Entertainment | 25 | 25 | 279 |
| Covid-19 expenditure | 1,089 | 1,089 | 3,687 |
| Blocked input VAT | 11,857 | 11,857 | |
| Governance costs - accountancy |
3,658 | 3,658 | 2,817 |
| 318,445 | 318,445 | 462,082 | |
| Total 2020 | 462,082 | 462082 |
| 2021 | 2020f | |||||||
|---|---|---|---|---|---|---|---|---|
| Fees payable to the Trust's | independent | examiner | for the independent | |||||
| examination | of the Trust's | annual | accounts | 1,700 | 2,817 | |||
| Staff costs | ||||||||
| 2021 6 |
2020f | |||||||
| Wages and | salaries | 62,711 | 81,815 | |||||
| Social security costs | 1,016 | 1,789 | ||||||
| Contribution | to defined | contribution | pension schemes | 1,036 | 1,014 | |||
| 64,767 | 64,598 |
| Freehold | Fixtures and | Computer | |||
|---|---|---|---|---|---|
| property | fittings f |
equipment 2 |
Totalf | ||
| Cost or valuation | |||||
| At 1 October 2020 | 1,989,385 | 280,028 | 16,161 | 2,285,574 | |
| Additions | 19,905 | 419 | 20,324 | ||
| At 30September | 2021 | 1,989,385 | 299,933 | 16,580 | 2,305,898 |
| Depreciation | |||||
| At 1 October 2020 | 19,385 | 195,110 | 14,469 | 228,964 | |
| Charge for the year | 16,719 | 703 | 17,422 | ||
| At 30September | 2021 | 19,385 | 211,829 | 15,172 | 246,386 |
| Net book value | |||||
| At 30September | 2021 | 1,970,000 | 88,104 | 1,408 | 2,059,512 |
| At 30September | 2020 | 1,970,000 | 84,918 | 1,692 | 2,056,610 |
| The Trust has adopted a policy of revaluation | The Trust has adopted a policy of revaluation | for tangible | fixed assets. Had these assets been | measured | |
|---|---|---|---|---|---|
| at historic cost, the carrying | values would have | been as follows: | |||
| 2021 2 |
2020f | ||||
| Freehold property | 51,529 | 51,529 | |||
| 12. | Stocks | ||||
| 2021 8 |
2020f | ||||
| Finished goods and goods | for resale | 610 | 610 |
| 2021 | 2020 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | |||||||||||
| Due within one year | |||||||||||
| Other debtors | 613 | 2,487 | |||||||||
| Prepayments and |
accrued | income | 27,500 | ||||||||
| 28,113 | 2,487 | ||||||||||
| 14. | Creditors: Amounts | falling due | within one | year | |||||||
| 2021 | 2020 | ||||||||||
| 6 | |||||||||||
| Other taxation and | social security | 889 | 641 | ||||||||
| Accruals | and deferred | income | 95,265 | 108,845 | |||||||
| 96,154 | 108,486 | ||||||||||
| 2021 | 2020 | ||||||||||
| 2 | |||||||||||
| Deferred | income at | 1 | October 2020 | 107,920 | 121,373 | ||||||
| Resources deferred | during | the year | 93,162 | 107,920 | |||||||
| Amounts | released | from previous | periods | (107,920) | (121,373) | ||||||
| 93,162 | 107,820 | ||||||||||
| Deferred | income relates to | ticket | sales | in advance. | |||||||
| 15. | Financial | Instruments | |||||||||
| 2021 | 2020 | ||||||||||
| 2 | |||||||||||
| Financial | assets | ||||||||||
| Financial | assets measured | at fair | value | through | income and expenditure | 330,306 | 216,332 |
| Stateme | nt | offunds | - curre | nt year | |||||
|---|---|---|---|---|---|---|---|---|---|
| Balance at | |||||||||
| Balance at 1 | 30 | ||||||||
| October | September | ||||||||
| 2020 | Income | Expenditure | 2021 | ||||||
| 2 | |||||||||
| Unrestricted | funds | ||||||||
| General | funds | 228,677 | 474,299 | (318,445) | 364,531 | ||||
| Revaluation | reserve | 1,937,856 | 1,937,656 | ||||||
| 2,166,533 | 474,299 | (318,445) | 2,322,387 | ||||||
| Statement | offunds | - prior | year | ||||||
| Balance et | |||||||||
| Balance al | 30 | ||||||||
| 1 October | September | ||||||||
| 2019 | Income f |
Expenditure | 2020 | ||||||
| Unrestricted | funds | ||||||||
| General | funds | 301,987 | 388,872 | (452082) | 228,677 | ||||
| Revaluation | reserve | 1,937,856 | 1,937,856 | ||||||
| 2,239,743 | 388,872 | (462,082) | 2,166,533 |
| Summar | y offunds - prior year |
||||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at | 30 | ||||
| 1 October | September | ||||
| 2019f | Income f |
Expenditure | 2020 | ||
| General | funds | 2,239,743 | 388,872 | (462,082) | 2,166,533 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2021 | |||
| 2 | 2 | |||
| Tangible | fixed | assets | 2,059,512 | 2,059,512 |
| Current | assets | 359,029 | 359,029 | |
| Creditors | due | within one year | (96,154) | (96,154) |
| Total | 2,322,387 | 2,322,387 |
| Analysis | of n | et assets between funds - prior year | ||
|---|---|---|---|---|
| Unrestricted | rotat | |||
| funds | funds | |||
| 2020 | 2020f | |||
| Tangible | fixed | assets | 2,056,610 | 2,056,610 |
| Current | assets | 219,409 | 219,409 | |
| Creditors | due | within one year | (109,486) | (109,486) |
| Total | 2,166,533 | 2 166,533 |