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2022-03-31-accounts

Sheet1

MERLIN THEATRE TRUST LIMITED

UNRESTRICTED FUNDS
TOTAL INCOME
A
TOTAL COST OF SALES
B
GROSS SURPLUS
A-B
OPERATIONAL SURPLUS/(-) DEFICIT
SUB TOTAL
RESTRICTED FUNDS MOVEMENT
OVERALL SURPLUS / (-) DEFICIT
Voluntary Income
Donations, subscriptions
Grants
Generated Funds
Bar, confectionery
Charitable activities
Theatrical, fundraising
Live streaming
Cost of Generated Funds
Bar, confectionery
Cost of Charitable activities
Theatrical, fundraising
Live streaming
Deduct: Operational Overheads
Deduct: depreciation unrest'd assets
Depreciation on restricted fund assets
31/03/2022
Income & Expenditure for 12 months to
31/03/2022
Income & Expenditure for 12 months to
31/03/2022
Income & Expenditure for 12 months to
31/03/2022
Income & Expenditure for 12 months to
Budget to Budget to Actual to Actual to
31/03/22
12
31/03/22
12
31/03/22
12
30/03/21
12
3,371
23,409
27,489
43,077
18,535
1,974
104,522
15,894
7,826
5,301
0
0
161,743
89,655
6,921
1,231
73117
10,140
3,620
2,767
0
0
83,658
14,138
0
0
78,085
75,517
-73,994
-50,824
0
0
4,091
24,693
-4,460
-7,026
0
0
-369
17,667
-5,413
-5,413
0
0
-5,782
12,254

Theatrical activities increased and gained momentum during the year with total income nearly doubled. Grants reduced from £43k to £27k mainly because the Job Retention Scheme was phased out. The adjusted generated income becomes £134k (£161743-£27489) against £46k for 2020-2021. Donations in 20 -21 included £20972 from Covid appeal and waived ticket refunds.

The main increases in overheads were in Advertising and Marketing, Salaries and pensions, cleaning, maintenance, technical equipment and telephone & internet – all being items associated with increased activity.

On the Balance Sheet cash at banks includes the 'Bounce Back' loan of £20k which was repaid in April 2022.

TOTALASSETS
EQUITY
TOTAL EQUITY
Fixed Assets at cost less depreciation
Current Assets
Cash at banks
Debtors and stock
Current Liabilities
Advance sales
Other creditors
Total Liabilities
Net Current Assets (Reserves)
Current year earnings to date
Retained earnings brought forward
BALANCE SHEET AS ON
31/03/2022
31/03/22
30/03/21
60,083
69,956
69,339
52,341
1,766
71,105
3,611
55,952
-1,950
-2,214
-15,386
-4,059
0
0
-17,336
-6,273
53,769
49,679
113,852
119,635
-5,782
12,255
119,635
107,380
113,852
119,635
31/03/2022
30/03/21
69,956
49,679
119,635
12,255
107,380
119,635

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