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 numb*r 11Y24682 Company number 02837215 Reglstered offl Flat B 36 LI￿ Strwi Nth¥￿st1& UFN)n Tyr NE12PQ Indopendont •Mmln•r Rob￿￿ La*J1erAC￿￿ntants LInwt￿j JosnM)nd N*14CaStlè 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 reF*Jrt and f￿ancial ststgmgrits for th8 yoar ar**J 31 Marth 2022. The trust￿ wtKJ are 8tso (fire¢1￿$ of tl* charity for th8 pUn￿se$ of the Compan*s Act 20C6. pr098nl fheir repc¥t with financMI staiements of the charity fof lh8 year eTrJed 3f Ma￿h 2022. The trusiees have ad¢¥ted the provisions of Aco>Jnting and Rewbro by Chariltes.. Statement of Recc*nmend8d PraclKe applicab￿ to ch8ribes prepanry thwr 8coxJnts in *x>ydance with the Fnan(#al Re[K￿l[￿J Standatd apph(*bl8 in th& UK an R¥putrA￿ of Ir&land IFRS 102118ffgL*w 1 20151. The tharlty ￿ based in Newcasle Lpjn Tyne, bjt we t￿dItsOnafy tyjr to the ¥rtK4e of T￿eSide wth occasional forays to Wowsid&. Clev9tand, t￿rham. N(xthun**tsrK1 aSMI Cumlxv. Ob￿ctlY•S and •thlli¢s The aim ol charty is lo adv8nc* the of th& kxJbli¢ by ¢royt￿t of the arts thrrwgh the prOw$K￿ ol tr￿atsICa5 and dTrmati¢ and in partuAi4r to prorrwxe the menlal and moral devdopment and impro¥errent of young people Ihrough the provwon ol thealrica and dramth wf0rrnar￿ in schwl$. youth dubs. thurch hal￿ aTrJ other faaltss ¢Jsed by Y￿uThJ peop￿. We aim to fthr aNJ to pr￿le Ihe (A artk* t8Ste arKI the lrtèrsIa￿fjIng of Iho arts by maklng 8¢(w lo theatr￿1 and dramth Ferformanc8s availth lo persons wtK* thTowh their soual or oconcrfnic The trustees have paid regard kn wÈda(Ke isS￿d by the (JWAY CC#nm￿iC￿ in decidirrfj vthat actswtigs th9 charity shoÈtld undertake. hievom•nts and perf¢>rni•nc• BrU￿erS 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 aCc￿nt aThJ havg paid off all debts. Flnaoc5al r•¥l•w l￿Wall th8 charity re¢ordg(1 8 deficat of £29,47912Ql.' surFAus £5225). At thè eThJ of the year ts chaiity had un￿Strthd lunds of £15,16912021.' £44.648). the charity and act appropriately b) mrtp*è ffv)se nsks. Th8 charity is cOntr￿led by its Memc¥andum a￿l￿￿4•S dat￿1 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) $￿j durir#J the yew and up MrAG P Kknuld F Lynn 1 Oct¢ts 2021) (Aprxrfn￿y 6 May resw)￿d 20 Juty ￿21) BRUVVERS THEATRE COMPANY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Publ1¢ B•nefft Bru￿8(3 have been iakry theatre b) tt* rA)mTwntrty fN rn0￿ th8n 40 Jears. Wg'r• based in Newfxst Tyng In NL¥¢h*ast En9lar*J, gfftj ap￿￿xin￿1￿Y perfrmnc8S Pgr yoar and Pla￿n￿ to mre than 40,000 peo￿•. the yeafs, &stimate that ffw)re than a llwllion pec* have seen a Bruvvers 5hLA¥l We're an 8ns¢mble cx>mp8ny wth at knt three fvs in rep￿#.￿ at any one Iwne. r shows txrnbine exciting 5tOits must. song and adion suitsble frjr all thg family,. wo also hdp with fkshops. fesb"val$, Confe￿nces, teachwo. enabhr¥J and passry on skitLs to all age TaTvJes, but espeually tho d*advan18ggd Inner4ity Ihvellw. The Ferformarms take place in 3d￿￿Ls. wrNnunty c*ntres. nurwÈes, clubs. playschm sit•s, pub5, bs. vTrllage hdls. church halls. day￿ntres, shelteThY ac￿nE￿jJ￿tW, 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 Tr￿f sths oftho 8t*0 The ¢wstees' rekyyt Was approved by ts B(wd ol Tluslees. MrAG P Mould Tru*ee 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 StateM￿ts of 8nJvvers Theatre Cryany {the d￿rity) 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 5ts1ell*nts in accord￿ with the requirements of the CcryaNes Act 20C61th8 21VJ6 Ha*ng satisfied mysell that tho fir￿la￿ Statery￿ of the th*ity 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 f￿an(la1 statell￿nts canied ￿J1 under s￿l￿)n 145 of lh& Charitss Ad 2011 (the 2011 A¢tl. In eArryry wt my exanmnalion I have Id>￿ed all the aWic*ble 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 lI￿t 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 8ec*on S86 DI the 2006 fvL( CY the finanual ststements do not accord wrth those r8(ths: the financlal Stste￿￿nts do not CoM￿Y with the acccxbnt#vJ roquirgments of $oCtX￿ 396 of the 2C#]6 Act than any requ1rerr￿nt that the acc(*Jnts gNe a IN¢ far 4vhith Is rnt a matter u)nsiYered as part of èn indeP￿d&￿t ox8mM)atw," or the financial sta18ff*nts ha¥e not bean Prepar￿ in awd8n¢e ￿th the Metr￿d5 aryj principles of the ststement of Rec¢NnrYwKled Praelice acajunting a￿¢ IpForhry by charities appl￿ble lo c*kqrit*s prepariThJ IF*tr accDunts in acoj1￿ wilh the Finarn?al Rewxtsng Stsndartj 8pplicats￿ in the UK and Reput4￿ of lrnLgFN1 IFRS 102 I have 0￿cernS aThJ have ccrfne ￿ rK) olhèr mattws in ￿1th the examination lo whth attentkni should tr* drnwn thi ttw"$ 18Wt in order to enatde a prc¥er uThjers￿l1g 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￿￿$trIcted funds fund• 2022 2021 Donations and lega 18,000 Totsl Incom• 18,IKK) Charitabb activth.es 19,357 9.715 Othar Totsl •xpndltu 23,917 12,775 Net gainsllbssesl on KNestmerts {100.cK)01 N•t IwMndlturn)fin¢om• forthe ye*1 P4gt movwnent lund5 129.4791 5,225 Futyj ￿anCeS at l A¥JrA 2021 39,423 Fund balances at 31 Ilaffch 2022 15.169 The slatement olfmncaal all k)ss8s re0)gr￿S￿l in th8 yaar. BRUVVERS THEATRE COMPANY BALANCE SHEET ASAT31 MARCH 2022 2021 Flxed ass•ts InNEStr￿nt pmpeTtses 1CQ,(KK¢ 13,5 32,980 Cash et bank aThJ in hand 41.920 41.920 Cr•dltorn: amounts falllng due wlihln *)n• 126.7511 17.394) Net cuThent assets 15.169 Ttsl￿ •ss•ts less eurr•nl Ilabllltl•s 15,169 139,086 Cr•drtws: lalllng du• afl•r morp than on• y•ar 10 194,438} 15,169 44.FA8 Ineam• funds Unrestricted fvnds 15.169 15.169 The company is enb'tsj to ts ox**Jn frirfn the wuirement In soctim 477 ofthe Conwanie5A 20C6, for Ihe yw end&J 31 Marth 2022. The n*mtws have nol reqtwed the to oikn an of As slatements fDr Ihe year irt ql￿ HI to the 3m8H (x)rnoanies fegtrne. MrAG P TTusts• BRUVVERS THEATRE COMPANY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 A¢¢ountlng potkl Charity Informatlon Brtj￿èTs Theatre Cryxpony is #n ¢haFty (tharity numb8r 10246821 inctyporated ￿ eNJland artd W8le$. 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 Rec01T￿ended Practbce a01c4b￿ to charilies preparM￿ their acwjnts in accorda1￿ with the Financial Reporting Standard ap￿lca￿4e n Iho UK and R&pu￿￿C of lrnland {FRS 1021. leffticbve 1 January 20191. Tho charty is a pU￿1C B¢nèfrt Enbty as defined by FRS 102. The tharity has advantage ol the pro¥iSK￿S in the SORP foy c*aritss not to prepare a Sktemenl ol Cash Flows. The financial st8tements are prep8fthl H) sterfthig, %thic* 15 the fijrtlicthl ¢xKrency of the c*arity. 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 SUb￿Se fDr Clvny 2 has reverted ba** to the head lease WilhA￿dY with Ihe Fc*3 Limrted and was SLtrrendered on the Isl Seplember 2021. Al rents pa*J to Br￿e￿ c￿d at that ￿￿nt. The ¢*wty will be fc*malty 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 t￿ndit￿)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 f￿￿￿la1 ￿ernents. Er#l{F*ff￿ fur¥J$ ¥rg Io SFth* ctstilions by thai th¥ ryilal must be mainlaingd ty the 1.4 In¢on Alj is reccNJnised in thè slat81r￿t of Financ?al AraNilies crfK8 charity has entItle￿ to the fuThJs. il ￿ p￿bab]e that Ihe w* be rec81¥￿1 the arrK)(trrt can be weasured reliabty. 1.5 Exp¢ndi*we nmtttry the chanty to that exreThlrture. it is pr(thble that a transfer of ecorwsi beneffts wdl be Tequred in in rna￿￿ value is tramfe1r￿j to a re¥auatvi rese￿e. 1.7 Cash and casl¥ equivalents Cash cash g]UNaleftts inchjde tash in hand. iJerA)5its l*kl al ¢aB with ts￿ks, dher sl*)rt.term BRUVVERS THEATRE COMPANY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Ac¢ouDtln9 poll¢l•• {contIn*￿dI 1.8 Flnanclal Instru7n•nts The charty has ewed to gppty the w0visi￿ts of secti￿ 11 '8as¢ Fin￿￿81 lftstnJm8nts' and Sgdh)n 12 'Other Finandal Inslrwffjnts Issuag, of FRS 102 to am of ils finarri￿ ins1ru￿t5. Financ?al inStnwn￿ts recoJnisod fft Ihe d￿ri￿5 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 arr￿u1ftS prBsentaJ in the knnual statements. whBn there is a ￿allY en1(￿ble E¥Jht lo set off ihe reGwn*5ed amounts arxj thère 1$ an intèntÉon to sgtue on a rnt basis or to re8bse the Asset and settb the ￿8b￿ty sNNNanewsty. Bask finart¢lal ass•ts B8sic finarvA asséts, whth Ind￿￿6 debtors and cash and bank balances. are initialty meagjred al transactm piice incknliro transacth)n costs and are sub5eqiJenUy carri￿1 at alwtised using the effe¢tivg Inte￿St melhod unkss the arTangen*nt C￿￿tibtsteS 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 Fec*iYaNg wrthH) year 8re ntst alr%)￿*]. Bask ffnanclal I1￿1￿ Basic fina￿￿* 1kabit1t￿. includsrKJ creditors and bank h)ans are initially Tewisèd at tsansactffi Pr￿ ￿19$8 value ol the paym8nL% discounted at 8 mwkot rale of Fina￿al Ikqtmlilies dasSffj￿ as payable Debt instruments aTe subwuenljy ￿rrI￿ at amCfftI￿ crt Using ttte effective interest rnte metI￿￿J. Trwje ueditors are oblKJ8lxy)s to pay fw wjs or Sém￿$ Ih•l ha￿ be8n acqlN￿d 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•lll4blll￿s Fwaniyal k8bdths w8 dwe(xyJnised the t*ariils 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¥•slTh*nts {100,(￿} BRUVVERS THEATRE COMPANY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Inv•strn•nt pr