Ch•rfty rnglstratlon Trumb•r 1024682 Cw)pony fo95stratlon numb•T 02837215 (England Tllalo¥) BRUVVERS THEATRE COMPANY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
BRUVVERS THEATRE COMPANY LEGAL AND ADMINISTRATIVE INFORMATION Tru•ts•s MrAG P Nknld (tnt 1 OctrJtw20211 Charlty numbr 11Y24682 Company number 02837215 Reglstered offl Flat B 36 LI Strwi Nth¥st1& UFN)n Tyr NE12PQ Indopendont •Mmln•r Rob LaJ1erACntants LInwtj JosnM)nd N14CaStlè Tyn8 Tyno 8NI Wear England NE2 1TJ
BRUVVERS THEATRE COMPANY CONTENTS Trtsstees. wort statement of finarKial xtiifjb8s 881an(* sheet 6-10
BRUVVERS THEATRE COMPANY TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2022 The trustees wesent Ihw amual reFJrt and fancial ststgmgrits for th8 yoar arJ 31 Marth 2022. The trust wtKJ are 8tso (fire¢1$ of tl charity for th8 pUnse$ of the Compans Act 20C6. pr098nl fheir repc¥t with financMI staiements of the charity fof lh8 year eTrJed 3f Mah 2022. The trusiees have ad¢¥ted the provisions of Aco>Jnting and Rewbro by Chariltes.. Statement of Reccnmend8d PraclKe applicab to ch8ribes prepanry thwr 8coxJnts in x>ydance with the Fnan(#al Re[Kl[J Standatd apph(bl8 in th& UK an R¥putrA of Ir&land IFRS 102118ffgLw 1 20151. The tharlty based in Newcasle Lpjn Tyne, bjt we tdItsOnafy tyjr to the ¥rtK4e of TeSide wth occasional forays to Wowsid&. Clev9tand, trham. N(xthuntsrK1 aSMI Cumlxv. ObctlY•S and •thlli¢s The aim ol charty is lo adv8nc the of th& kxJbli¢ by ¢roytt of the arts thrrwgh the prOw$K ol tratsICa5 and dTrmati¢ and in partuAi4r to prorrwxe the menlal and moral devdopment and impro¥errent of young people Ihrough the provwon ol thealrica and dramth wf0rrnar in schwl$. youth dubs. thurch hal aTrJ other faaltss ¢Jsed by YuThJ peop. We aim to fthr aNJ to prle Ihe (A artk t8Ste arKI the lrtèrsIafjIng of Iho arts by maklng 8¢(w lo theatr1 and dramth Ferformanc8s availth lo persons wtK thTowh their soual or oconcrfnic The trustees have paid regard kn wÈda(Ke isSd by the (JWAY CC#nmiC in decidirrfj vthat actswtigs th9 charity shoÈtld undertake. hievom•nts and perf¢>rni•nc• BrUerS Theatre Company is Th) krfb3er operalK¥l.. Th8 gjtrtease for rhY 2 has r8verted b8( to the Iwd lease with Away wth the Fcs aThl was sWren on the 1st of Septèmtw 17. All Trnts pasd to Bruvvers ceased at th Powfl. The coffoany vrill fcKmalty up onee access to thg bank aCcnt aThJ havg paid off all debts. Flnaoc5al r•¥l•w lWall th8 charity re¢ordg(1 8 deficat of £29,47912Ql.' surFAus £5225). At thè eThJ of the year ts chaiity had unStrthd lunds of £15,16912021.' £44.648). the charity and act appropriately b) mrtpè ffv)se nsks. Th8 charity is cOntrled by its Memc¥andum al4•S dat1 19 Jtly 1993 * ctysltttrtes a In4knJ oNYyany. liryuled by guarantee. as defmed by ComparoesALI 2(¥)6. Irusieès. who are also the th"rnctots IDr wrrK6e w¥J tx) $j durir#J the yew and up MrAG P Kknuld F Lynn 1 Oct¢ts 2021) (Aprxrfny 6 May resw)d 20 Juty 21)
BRUVVERS THEATRE COMPANY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Publ1¢ B•nefft Bru8(3 have been iakry theatre b) tt rA)mTwntrty fN rn0 th8n 40 Jears. Wg'r• based in Newfxst Tyng In NL¥¢hast En9larJ, gfftj apxin1Y perfrmnc8S Pgr yoar and Plan to mre than 40,000 peo•. the yeafs, &stimate that ffw)re than a llwllion pec have seen a Bruvvers 5hLA¥l We're an 8ns¢mble cx>mp8ny wth at knt three fvs in rep#. at any one Iwne. r shows txrnbine exciting 5tOits must. song and adion suitsble frjr all thg family,. wo also hdp with fkshops. fesb"val$, Confences, teachwo. enabhr¥J and passry on skitLs to all age TaTvJes, but espeually tho dadvan18ggd Inner4ity Ihvellw. The Ferformarms take place in 3dLs. wrNnunty cntres. nurwÈes, clubs. playschm sit•s, pub5, bs. vTrllage hdls. church halls. dayntres, shelteThY acnEjJtW, care horne5, fKWita& coU¢gès . fact, any space vthere an 8[le1K% (xn galhgr. are infinitety adaptable. T'hoLtse styte. is where Ihe aud sit tx¢ am Trf sths oftho 8t0 The ¢wstees' rekyyt Was approved by ts B(wd ol Tluslees. MrAG P Mould Truee Dakny. ..?.:. Y...*.5
BRUVVERS THEATRE COMPANY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRUVVERS THEATRE COMPANY I reF¥Jrt ty) tha trustees on my e¥8minth ofts StateMts of 8nJvvers Theatre Cryany {the drity) for tho year end&d 31 Marth 2022. Rwn8lblllUo• •nd ba$1$ of r•port As the trustees of charity laThY al Its dire(kn for lh& purposes of (x)ry)any lawl y(w are Trsponwble fr>r Ihe parat of thg financial 5ts1ellnts in accord with the requirements of the CcryaNes Act 20C61th8 21VJ6 Hang satisfied mysell that tho firla Statery of the thity are Tequired to b& awjitad undor Part 16 of thè 2Crf)6 Act arKI èrè gIKJibl& for Independent examination. I report in respect of my examination of the chartvs fan(la1 statellnts canied J1 under sl)n 145 of lh& Charitss Ad 2011 (the 2011 A¢tl. In eArryry wt my exanmnalion I have Id>ed all the aWicble th"ffecap)rs givèn by the Charity C(Nnmissot) under $8¢llon 14515llb) of the 2011 Act. Indepondgnt •xamlnorf8 8tat•m•nt I have compknled my examinat#Jn. I confwm lIt no matters hav¢ (xJrr to my attentim in connectNM wllh the examsnation giving me cause to belte¥e that any mal8ri8J resF¢¢t.. Ounting rec>)rds were not kept in 1gSFed of ts chty as requifed by 8econ S86 DI the 2006 fvL( CY the finanual ststements do not accord wrth those r8(ths: the financlal Ststents do not CoMY with the acccxbnt#vJ roquirgments of $oCtX 396 of the 2C#]6 Act than any requ1rerrnt that the acc(Jnts gNe a IN¢ far 4vhith Is rnt a matter u)nsiYered as part of èn indePd&t ox8mM)atw," or the financial sta18ffnts ha¥e not bean Prepar in awd8n¢e th the Metrd5 aryj principles of the ststement of Rec¢NnrYwKled Praelice acajunting a¢ IpForhry by charities applble lo ckqrits prepariThJ IFtr accDunts in acoj1 wilh the Finarn?al Rewxtsng Stsndartj 8pplicats in the UK and Reput4 of lrnLgFN1 IFRS 102 I have 0cernS aThJ have ccrfne rK) olhèr mattws in 1th the examination lo whth attentkni should tr drnwn thi ttw"$ 18Wt in order to enatde a prc¥er uThjersl1g of Ihe fmanoal ststom lo f* r08ched. Tyne W NE2 ITJ
BRUVVERS THEATRE COMPANY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 Unrnstrlctod I$trIcted funds fund• 2022 2021 Donations and lega 18,000 Totsl Incom• 18,IKK) Charitabb activth.es 19,357 9.715 Othar Totsl •xpndltu 23,917 12,775 Net gainsllbssesl on KNestmerts {100.cK)01 N•t IwMndlturn)fin¢om• forthe ye*1 P4gt movwnent lund5 129.4791 5,225 Futyj anCeS at l A¥JrA 2021 39,423 Fund balances at 31 Ilaffch 2022 15.169 The slatement olfmncaal all k)ss8s re0)grSl in th8 yaar.
BRUVVERS THEATRE COMPANY BALANCE SHEET ASAT31 MARCH 2022 2021 Flxed ass•ts InNEStrnt pmpeTtses 1CQ,(KK¢ 13,5 32,980 Cash et bank aThJ in hand 41.920 41.920 Cr•dltorn: amounts falllng due wlihln )n• 126.7511 17.394) Net cuThent assets 15.169 Ttsl •ss•ts less eurr•nl Ilabllltl•s 15,169 139,086 Cr•drtws: lalllng du• afl•r morp than on• y•ar 10 194,438} 15,169 44.FA8 Ineam• funds Unrestricted fvnds 15.169 15.169 The company is enb'tsj to ts oxJn frirfn the wuirement In soctim 477 ofthe Conwanie5A 20C6, for Ihe yw end&J 31 Marth 2022. The nmtws have nol reqtwed the to oikn an of As slatements fDr Ihe year irt ql HI to the 3m8H (x)rnoanies fegtrne. MrAG P TTusts•
BRUVVERS THEATRE COMPANY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 A¢¢ountlng potkl Charity Informatlon BrtjèTs Theatre Cryxpony is #n ¢haFty (tharity numb8r 10246821 inctyporated eNJland artd W8le$. The rogtslered offts is Fl8t B. 36 Lime Street, Nev•rath Uy)n T. NE1 21>Q. 1.1 Aeeountlng ¢OnV•ntl¢>n Tha finanaal statemgnts have bgen twared In a¢o)rdan( th8 (kniiws IgovgmirYJ do¢um&ntl, ¢h& Companiès Act 20, FRS I(Y2 Tr Fin8nGial RekKKbng Standard %n the UK and Republic of Irpjand. I'FRS 102-1 arwj the Ch8rithes 50RP "AtXJwntiNJ Rewjrting by Charth'es.. St8teTrnt of Rec01Tended Practbce a01c4b to charilies preparM their acwjnts in accorda1 with the Financial Reporting Standard aplca4e n Iho UK and R&puC of lrnland {FRS 1021. leffticbve 1 January 20191. Tho charty is a pU1C B¢nèfrt Enbty as defined by FRS 102. The tharity has advantage ol the pro¥iSKS in the SORP foy caritss not to prepare a Sktemenl ol Cash Flows. The financial st8tements are prep8fthl H) sterfthig, %thic 15 the fijrtlicthl ¢xKrency of the carity. Monetary amounts in Ihese financial statements are rwnded to the nearesl £. 1.2 Going concern At the bmo of appThiThJ the ffin•r st8terYwts, the trust have The•ts ¢4)mpany Fs no longer operational. The SUbSe fDr Clvny 2 has reverted ba to the head lease WilhAdY with Ihe Fc3 Limrted and was SLtrrendered on the Isl Seplember 2021. Al rents paJ to Bre cd at that nt. The ¢wty will be fcmalty wourknj up we have a(eS5 to the bank arKI have pahj off all debts. 1.3 Charfiable funds RestrKted fiJnds are srtiect b specific tndit)rIS ty doTh)ts a5 k> t be used. The PLWFLWS and uses ol Ihe restricted funds are set out in the nc4es to the fla1 ernents. Er#l{Fff fur¥J$ ¥rg Io SFth ctstilions by thai th¥ ryilal must be mainlaingd ty the 1.4 In¢on Alj is reccNJnised in thè slat81rt of Financ?al AraNilies crfK8 charity has entItle to the fuThJs. il pbab]e that Ihe w be rec81¥1 the arrK)(trrt can be weasured reliabty. 1.5 Exp¢ndiwe nmtttry the chanty to that exreThlrture. it is pr(thble that a transfer of ecorwsi beneffts wdl be Tequred in in rna value is tramfe1rj to a re¥auatvi resee. 1.7 Cash and casl¥ equivalents Cash cash g]UNaleftts inchjde tash in hand. iJerA)5its lkl al ¢aB with tsks, dher sl*)rt.term
BRUVVERS THEATRE COMPANY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Ac¢ouDtln9 poll¢l•• {contIndI 1.8 Flnanclal Instru7n•nts The charty has ewed to gppty the w0visits of secti 11 '8as¢ Fin81 lftstnJm8nts' and Sgdh)n 12 'Other Finandal Inslrwffjnts Issuag, of FRS 102 to am of ils finarri ins1rut5. Financ?al inStnwnts recoJnisod fft Ihe dri5 balance Ihe tharty l)ec(m P8rty to the contrxtual promsions of Ihe irnstFwn8nL Fw)anoal assets and lialM1¢S are offset, wth the nel arru1ftS prBsentaJ in the knnual statements. whBn there is a allY en1(ble E¥Jht lo set off ihe reGwn5ed amounts arxj thère 1$ an intèntÉon to sgtue on a rnt basis or to re8bse the Asset and settb the 8bty sNNNanewsty. Bask finart¢lal ass•ts B8sic finarvA asséts, whth Ind6 debtors and cash and bank balances. are initialty meagjred al transactm piice incknliro transacth)n costs and are sub5eqiJenUy carri1 at alwtised using the effe¢tivg InteSt melhod unkss the arTangennt CtibtsteS a fjn8ncaTrJ traTrsadKm, wthe thè IrdnsadK)n me8sufyd at thtr prew)t YabJe of thg ftAure (g¢eipts dsscoynt9d at a ffgrket rab of uiter&st. Financial oss8is dassffied 85 FeciYaNg wrthH) year 8re ntst alr%)]. Bask ffnanclal I11 Basic fina 1kabit1t. includsrKJ creditors and bank h)ans are initially Tewisèd at tsansactffi Pr 19$8 value ol the paym8nL% discounted at 8 mwkot rale of Finaal Ikqtmlilies dasSffj as payable Debt instruments aTe subwuenljy rrI at amCfftI crt Using ttte effective interest rnte metIJ. Trwje ueditors are oblKJ8lxy)s to pay fw wjs or Sém$ Ih•l ha be8n acqlNd sn tydinary LVUW ol operat)ns frryn suppliers. Y#ble ore dassif as ojrront ItabilEltes rf payment 1$ due thIn one ygar OT less. Ef not. they a present&J as rKwrrent Ik7bilities. Trade a reccgnised initialty at Dtrecognttk>n of flnart¢l•lll4bllls Fwaniyal k8bdths w8 dwe(xyJnised the tariils otAwJ8tions exk*r8 or aTr dlsctharged or cancdl&J. 1.9 T#x•tlon 1.10 Enwloy•• bwAffts 1.11 Fund accoufitlng
BRUVVERS THEATRE COMPANY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Donatlons and l•gacl•8 Totsl funds 2022 2021 Donations and grfts 94,438 Totsl Un$tri fun(ts 2021 Rental incxMY 18,ri charity dltring th8 year. 2022 Ilumb•r Numb•r Totsl N•t galn&Xloss•sl on In¥•slThnts {100,(}
BRUVVERS THEATRE COMPANY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Inv•strn•nt pr<wty 2022 Fairvaluo At 1 Ap¥ 2021 Net gains or b5s¢s thrw faw value adiustme 1C¥),OC(I {11XJ.(KIOI At 31 Mar¢h 2022 Aceumulat•d d•prnclatlon At 1 April 2Q21 At 14Jril 2021 arnl 31 March 2022 Carrylng valu• At 31 March 2022 At 31 M8rt* 2021 1W,O D•btorn 2022 2021 Amounts falung du• wlthln orn y•ar. Trade dobtors 12,( 13,5 2022 5,753 26,751 2021
BRUVVERS THEATRE COMPANY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 11 Rolat party trnnM1tsn$ ICOntlnu•dl Am¢Tr t)wgd to rn1¢d partie* 2022 2021 other ated pwkne$ 94.438 Duving the year Away With th¥ Fth3 kn"rnitwl, a oyrwy in whKti A. is dirttlrKthJnated the Inding loan balar to the charty. 12 Control The charity 6 undw the It$ trts#. 10-