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**| Page 1