##
##
|||Page|
|---|---|---|
|Trustees'
report||t -4|
|Independent
audttofs|report|5-8|
|Statement of finanaal|activities||
|Balance sheet|||
|Statement ofcash flows|||
|Nates to the finanoal|statements|12- 23|
##
##
##
##
##
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2022|2021|
|||Notes|||F.|6|
|Income from:|||||||
|Income from charrtable|actmbes||3,090,029|176,958|3266,987|1,526,199|
|Investment
income|||6,613||6,613|1,048|
|Other income|||13,420||13,420|422,276|
|Total income|||3,110,062|176,958|3287,020|1,949,525|
|Charnable
acbvrbes||6|2,651,088|97,928|2749,016|1,842,371|
|Net Income for the year|||458,974|79,030|538,004|107,154|
|Fund balances at 1 January 2022|||1,642,920|67,232|1 710,152|1,602,998|
|Fund balances at 31|December 2022||2,101,894|146,262|2248,156|1,710,152|
##
|||||||2022||2021||
|---|---|---|---|---|---|---|---|---|---|
||||||Notes|6||f.||
|Fixed assets||||||||||
|tangible
assets|||||10||38,773||81,578|
|Investments|||||11||1,661||1,661|
||||||||40,434||83,239|
|Current assets||||||||||
|Stocks|||||13|11,710||18,452||
|Debtors|||||14|308,414||291,673||
|Cash at bank and||in|hand|||3,276,089||2,032,452||
|||||||3,596,213||2,342,577||
|Creditors:|amounts||faglng due within|one|15|||||
|year||||||(1,388,491)||(678,087)||
|Net current|assets||||||2,207,722||1,664,490|
|Total assets less||current liabilities|||||2,248,156||1,747,729|
|Creditors:|amounts||faglng due after|more|17|||||
|than one year|||||||||(37,577)|
|Net assets|||||||2,248,156||1,710,152|
|Income funds||||||||||
|Restncted|funds||||19||146,262||67,232|
|Unrestricted|funds||||||2,101,894||1,642,920|
||||||||2,248,156||1,710,152|
##
##
|||||||2022||2021||
|---|---|---|---|---|---|---|---|---|---|
||||||Notes|6||8||
|Cash flows from operating||actMtles||||||||
|Cash generated
from operations|||||24||1,290,011||421,229|
|Investing|activities|||||||||
|Purchase|oftangible
fixed assets|||||(4,702)||||
|Investment|income received|||||6,613||1,048||
|Net cash generated
from investhg|||activities|||||||
||||||||1,851||1,048|
|Financing|activities|||||||||
|Repayment|of bank loans|||||(48,225)||(1,774)||
|Net cash|used in financing|activities|||||(48,225)||(1,774)|
|Net Increase
In cash and cash equivalents|||||||1,243,637||420,503|
|Cash and|cash equivalents|at beginning||ofyear|||2,032,452||1,611,949|
|Cash and|cash equivalents|at end|of|year|||3,276,089||2,032,452|
##
##
||||2022|2021|
|---|---|---|---|---|
||||6|6|
|Prwate property|seats income||150,447|74,694|
|Merchandising
and catenng|||869,053|305,463|
|Piuducitrs
ixllilra|ctvargiis||1,623,510|874,587|
|Hire oftheatre|||37,291|22,147|
|Booking fees and commission||receivable|409,728|187,324|
|Restoration
levies|||176,958|61,984|
||||3,2b6,987|1,52b,199|
|Analysis
by fund|||||
|Unrestncted
funds - general|||3,090,029|1,464,215|
|Restricted
funds|||176,958|61,984|
||||3,266,987|1,526,199|
##
||Interest|receivable|
|---|---|---|
|5|Other|Income|
|Unrestricted|Unrestncted|
|---|---|
|funds|funds|
|general|general|
|2022|2021|
|f|6|
|6,613|1,048|
|||Unrestricted|Unrestncted|
|---|---|---|---|
|||funds|funds|
|||general|general|
|||2022|2021|
|||f|6|
|Grants|receivable|13,373|416,943|
|Other|income|47|5,335|
|||13,420|422,278|
##
##
|||||||2022f|2021
f|
|---|---|---|---|---|---|---|---|
||Theatre costs|||||||
||Staff costs|||||1,143,328|760,421|
||Depremabon
and impairment|||||47,567|47,706|
||Opitrdlloli
uf tllitdlrit|||||1,539,070|1,014,806|
||Hiresrconferences|||||2,046|2,375|
|||||||2,732,016|1,825,368|
||Support costs (including||governance)|||17,000|17,003|
|||||||2,749,016|1,842,371|
|7|Net movement|in funds||||2022|2021|
|||||||f|f|
||Net movement
in funds||is stated|after charging/(crediting)||||
||Fees payable to|the company's||auditor for the audit of the company's|finanmal|||
||statements|||||16,500|14,500|
||Depremabon
of owned tangible|||fixed assets||47,567|47,704|
||Operating
leases|- rent||||210,000|210,000|
##
|9|Employees|||||||||
|---|---|---|---|---|---|---|---|---|---|
||Number ofemployees|||||||||
|||||||||2822|2021|
||The average
monthly||number|employees||dunng|the year was|||
||Admm|||||||10|10|
||Boxoflice|||||||5|4|
||Stage|||||||2|2|
||Electmnics|||||||4|3|
||Front of House|||||||20|10|
|||||||||41|29|
||Employment|costs||||||2822|2021|
|||||||||6|f|
||Wages and satanas|||||||1,032,488|683,775|
||Senal secunty|costs||||||88,565|60,279|
||Other pension|costs||||||22,275|16,367|
|||||||||1,143,328|760,421|
|||||||||2822|2021|
|||||||||Number|Number|
||Number ofemployees||whose|annual|remunerabon||was 660,000 or more:|||
##
|10|Tangible fixed assets|Tangible fixed assets|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Leasehold|Ptsnt endFixtures,||fittings|Toter|
|||||||improvements|mschieery|8equipment|||
||Cost||||||||||
||At 1 January|2022||||156,358|55,149||796,552|1,008,059|
||Additions||||||||4,762|4,762|
||Disposals||||||(55,149)|(186,244)||(241,393)|
||At 31 December 2022|||||156,358|||615,070|771,428|
||Depreciation|and Impairment|||||||||
||At 1 January|2022||||156,358|55,149||714,974|926,481|
||Depremahon|charged|in|the year|||||47,567|47,567|
||Eliminated
in|respect ofdispcsals|||||(55,149)|(186,244)||(241,393)|
||At 31 December 2022|||||156,358|||576,297|732,655|
||Carrying
amount||||||||||
||At 31 December 2022||||||||38,773|38,773|
||At 31 December 2021||||||||81,578|81,578|
|11|Fixed asset|investments|||||||||
||||||||||2022|2021|
||||||||Notes||6|6|
||Investments|in subsidianes|||||23||2|2|
||I)pirated investments||||||||1,659|1,659|
||||||||||1,661|1,661|
||The unhsted|investment||is m respect ot shares|in Greene|Light Stage Pic|||||
||Movements|In fixed asset Investments|||||||||
|||||||||||Shares|
|||||||||||6|
||Cost||||||||||
||At I January|2022 & 31||December 2022||||||1,661|
||Carrying
amount||||||||||
||At 31 December 2022|||||||||1,661|
||At 31 December 2021|||||||||1,661|
##
|12|Financial
instruments|Financial
instruments|||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||E|E|
||Carrying
amount|of|financial|||assets|||||
||Debt instruments|measured|||at amortised||cost||185,523|111,258|
||Equity instruments|measured||||at cost less impairment|||1,659|1,659|
||Carrying
amount|of|financial|||liabilities|||||
||Measured
at amortised|||cost|||||1,102,082|597553|
|13|Stocks||||||||||
||||||||||2022|2021|
||||||||||E.|E|
||Finished goods and goods for|||||resale|||11,710|18,452|
|14|Debtors||||||||||
||||||||||2022|2021|
||Amounts
fafilng|due||within|one year:||||E|E|
||Trade debtors||||||||63,065|25,501|
||Other debtors||||||||122,458|85,757|
||Prepayments
and|accrued income|||||||122,891|180,415|
||||||||||308,414|291,673|
|15|Creditors: amounts||fafilng||due within||one year||||
||||||||||2022|2021|
|||||||||Notes|E|E|
||Bank loans|||||||16||10,648|
||Other taxation
and somal secunty||||||||159,347|90,869|
||Trade creditors||||||||153,924|42,166|
||Other creditors||||||||948,158|507,162|
||Accruals and deferred|||incorse|||||127,062|27,242|
||||||||||1,388,491|678,087|
|16|Loans end overdrafts||||||||||
||||||||||2022|2021|
||||||||||E|E|
||Bank loans|||||||||48,225|
||Payable
wdhin one year|||||||||10,648|
||Payable after one|year||||||||37,577|
##
##
|Credi|tors: amounts
faglng due after mo|re than one year|||
|---|---|---|---|---|
||||2022|2021|
|||Notes|||
|Bank|loan|16||37,577|
|||||||||||Movement|Movement|in funds||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Balance at 1income||||Expenditure|Balance at 31|
|||||||||January|2022|||December 2022||
||Restoration|levies|||||||67,232||176,958|(97,928)|146,262|
|20|Analysis of net|||assets between||funds||||||||
||||||||||IJnrestrlcted||Restricted||Total|
||||||||||||f||f|
||Fund balances||at 31 December 2022||||are represented|by||||||
||Tangible assets|||||||||38,773|||38,773|
||Investments|||||||||1,661|||1,661|
||Current
assets/(liabilities)|||||||||2,061,460||146,262|2,207,722|
|||||||||||2,101,894||146,262|2,248,156|
|21|Operating|lease||commitments||||||||||
||At the reporting||end date||the company||had outstanding|comrsitments
for||future|minimum|lease payments|under|
||non-cancefiable|||operabng|leases,|which fall due as follows:||||||||
|||||||||||||2022|2021|
||||||||||||||f|
||Wdhm one|year||||||||||210,000|210,000|
||Between two and five years|||||||||||840,000|840,000|
||In over five|years||||||||||3,482 500|3,692,500|
|||||||||||||4,532,500|4,742,500|
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|||||||6|
||Aggregate
compensation||||107,812|87,197|
|23|Subsidiaries||||||
||Details of the company's
subsidiaries||at 31 Decersber 2022 are as follows.||||
||Name ofundertaking
and|country|of|Nature of business|Class of|% Held|
||Incorporation
or residency||||shareholdlng||
||Cnterion
Theatre Piccadifiy|Limited|England|Dormant|Ordinary|10000|
|24|Cash generated
from|Cash generated
from|Cash generated
from|operations|operations||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||f|6|
||Surplus for||the year|||||||107,154|
||Adjustments||for.||||||||
||Investment||incorse recognised||in statement||offinanaal|achvaes|(6,613)|(1,048)|
||Depreaabon||and impairment||oftangible|fixed assets|||47,567|47,706|
||Movements||in working|capital:|||||||
||Decrease/(increase)
in|||stocks|||||6,742|(7,885)|
||(Increase)|in debtors|||||||(16,741)|(144,116)|
||Increase
in||credrtors||||||721,052|419,418|
||Cash generated
from|||operations|||||1,290,011|421,229|
##
|25|Analysis ofchanges
In net funds|Analysis ofchanges
In net funds|||||
|---|---|---|---|---|---|---|
||||At|1 January
2022|Cash flows|At 31 December|
|||||||2022|
||||||6|6|
||Cash at bank and|in hand||2,032,452|1,243,637|3,276,089|
||Loans falling due|usthin one year||( 10,648)|10,648||
||Loans falling dua|after more than one year||(37,577)|37,577||
|||||1,984,227|1,291,862|3,276,089|