Reference and Administrative Details of the Charitable Company, its Trustees and
1−2
Advisers
Trustees Report
3 −14
Independent Auditors' Report on the Financial Statements
15 −18
Consolidated Statement of Financial Activities
19
Consolidated Balance Sheet
20
Charitable Company Balance Sheet
21
Consolidated Statement of Cash Flows
22
Notes to the Financial Statements
23 −47
REFERENCE AND A
DMINISTRATIVE DETAILS. OF THE CHARITABLE COMPANY, ITS T ADVISERS FOR THE YEAR ENDED 31 MARCH 2022
Trustees
M Fay, Chair
L G Barrett (appointed 25 April 2022) R R Berkley (appointed 14 July 2021, resigned 26 May 2022) J Blacklock (resigned 1 March 2023) C E Cooke
D G Cottam
E Czestochovvski (appointed 25 April 2022) K C Dawes (appointed 13 June 2022) I Farrar (appointed 25 April 2022) S Finnon
S A Hatton Jr (appointed 26 April 2021, resigned 1 February 2022) D Hymers (resigned 15 March 2022) N Laverick (appointed 25 April 2022) K A Leng (resigned 8 November 2021) S J Mitchell
M Patterson (appointed 5 September 2022) A Plouviez (appointed 27 March 2023) C N Simmons
J Smith (appointed 25 April 2022)
G Thompson (resigned 28 March 2023) V C Wiggins
Company registered
number
02848282
Charity registered
number
1032846
Registered office
The Customs House
Mill Dam
South Shields
Tyne & Wear
NE33 lES
Company secretary
K Anders
Chief executive officer
R Spencer
Independent auditors
Clive Owen LLP
Chartered Accountants and Statutory Auditors 140 Coniscliffe Road
Darlington
Co Durham
DL3 7RT
Bankers
HSBC Bank Plc
110 Grey Street
Newcastle upon Tyne NEI 6JG
Restricted
Unrestricted
Total
Total
funds
funds
funds
funds
2022
2022
2022
2021
Note
£
£
£
r
Income from:
Donations and_legacies
4−
572,216
572,216
1,079,160
Charitable activities
5
104,037
870,260
974,297
128,877
Other trading activities
6
506,725
506,725
41,773
Investments
7
491
491
Other income
8
3,300
3,300
271,100
Total income
104,037
1,952,992
2,057,029
1,520,910
Expenditure on:
Raising funds
9
82,914
82,914
166,549
Charitable activities
10
218,153
1,551,639
1,769,792
877,094
Total expenditure
218,153
1,634,553
1,852,706
1,043,643
Net (expenditure)/Income before
taxation
(114,116)
318,439
204,323
477,267
Taxation
(2,539)
(2,539)
350
Net movement In funds
(114,116)
315,900
201,784
477,617
Reconciliation of funds:
Total funds brought forward
313,573
__384,638
698211220
594
Net −enii−Clubds−−−− movemt−
(1−1−4−,11.6)−3TS,900
201,784
477,617
Total−funds−carried−forward−
199,457
700,538
899,995
698,211
2022
2021
Note
Fixed assets
Tangible assets
15
397,850
306,725
397,850
306,725
Current assets
Stocks
17
11,690
3,765
Debtors
18
20,935
164,043
Cash at bank and in hand
957,227
596,348
989,852
764,156
Creditors: amounts falling due within one
year
19
(486,747)
(371,646)
Net current assets
503,105
392,510
Total assets less current liabilities
900,955
699,235
Provisions for liabilities
(960)
(1,024)
Net assets excluding pension asset
899,995
698,211
Total net assets
899,995
698,211
Charity funds
Restricted funds
21
199,457
313,573
Unrestricted funds
21
700,538
384,638
Total funds
899,995
698,211
2022
2021
Note
£
Fixed assets
Tangible assets
15
394,011
300,362
Investments
16
10−0
−
394,111
300,462
Current assets
Debtors
18
236,131
234,743
Cash at bank and in hand
729,215
521,641
965,346
756,384
Creditors: amounts falling due within one
year
19
(469,787)
(360,329)
Net current assets
495,559
396,055
Total assets less current liabilities
889,670
696,517
Net assets excluding pension asset
889,670
696,517
Total net assets
889,670
696,517
Charity funds
Restricted funds
21
263,9_71
_−−313,573__−
−
Unrestricted funds
626398
_—
382;944
_ _
Total funds
889,670
696,517
2022
2021
Cash flows from operating activities
Net cash used in operating activities
500,291
480,018
Cash flows from investing activities
Purchase of tangible fixed assets
(139,412)
Net cash (used in)/provided by investing activities
(139,412)
Cash flows from financing activities
Net cash provided by financing activities
Change in cash and cash equivalents in the year
360,879
480,018
Cash and cash equivalents at the beginning of the year
596,348
116,330
Cash and cash equivalents at the end of the year
957,227
596,348
The notes on pages 23 to 47 form part of these financial statements
Restricted
Unrestricted
Total
funds
funds
funds
2022
2022
2022
Grants
South Tyneside Council
157,400
157,400
Arts Council England (NPO)
102,530
102,530
Arts Council Cultural Recovery Fund
125,000
125,000
COVID grants
47,570
47,570
Other grants
88,808
88,808
521,308
521,308
Donations
50,908
50,908
50,908
50,908
572,216
572,216
Restricted
Unrestricted
Total
funds
funds
funds
2021
2021
2021
Grants
_
_ South Tynesiele−Council
280,086
280,086
Arts Council England (NPQ)
121,620
121,620
Arts Council Cultural Recovery fund
255,000
255,000
COVID grants
54,022
54,022
710,728
710,728
Donations
164,400
204,032
368,432
164,400
204,032
368,432
164,400
914,760
1,079,160
Restricted
Unrestricted
Total
funds
funds
funds
2022
2022
2022
£
£
£
Theatre
780,061
760,061
Cinema
58,642
58,642
Learning
and
Participation
104,037
31,557
135,594
104,037
870,260
974,297
Restricted
Unrestricted
Totai
funds
funds
funds
2021
2021
2021
Theatre
108,108
108,108
Cinema
1,961
1,961
Learning
and
Participation
18,808
18,808
20,769
108,108
128,877
Unrestricted
Total
funds
funds
2022
2022
Trading
income
506,725
506,725
Unrestricted
Total
funds
funds
2021
2021
Trading
income
41,773
41,773
Unrestricted
Total
Total
funds
funds
funds
2022
2022
2021
£
£
£
Interest−receivable
491
491
8.
Other incoming resources
Unrestricted
Total
funds
funds
2022
2022
Sundry receipts
3,300
3,300
Unrestricted
Total
funds
funds
2021
2021
Job retention scheme grants
271,100
271,100
**. **
−−−Expenditure on raising limas —
Unrestricted
Total
funds
funds
2021
2021
Fundraising trading
14,583
14,583
Fundraising trading expenses −wages and salaries
129,735
129,735
144,318
144,318
Other trading expenses
Unrestricted
Total
funds
funds
2022
2022
Trading expenses
82,914
82,914
Unrestrictea
Total
funds
funds
−
−—2024
2021
22,231
22,231
Restricted
Unrestricted
funds
funds
Total
2022
2022
2022
Theatre shows
13,046
1,034,213
1,047,259
Cinema
57,485
57,485
Learning and Participation
205,107
37,032
242,139
Marketing
109,492
109,492
CH Own Shows
313,417
313,417
218,153,475517639
17769,79_
—
Restrictea
Unrestrictea
funds
funds
Total
2021
2021
2021
Theatre shows
19,037
763,617
782,654
Cinema
2,663
2,663
Learning and Participation
14,140
62,618
76,758
Gallery
15,019
15,019
33,177
843,917
877,094
Activities
undertaken
Support
Total
directly
costs
funds
2022
2022
2022
Theatre shows
716,492
330,767
1,047,259
Cinema
57,485
57,485
Learning and Participation
149,736
92,403
242,139
Marketing
109,492
109,492
CH Own Shows
313,417
313,417
1,346,622
423,170
1,769,792
Activities
undertaken
Support
Total
directly
costs
funds
2021
2021
2021
Theatre shows
547,666
234,988
782,654
Cinema
2,663
2,663
Learning and Participation
14,140
62,618
76,758
Gallery
15,019
15,019
564,469
312,625
877,094
Learning
and
Theatre
Participatio
Shows
Cinema
n
Marketing
2022
2022
2022
2022
Staff costs
469,287
Depreciation
41,974
−
3,789
Direct costs
205,231
57,485
145,947
109,492
716,492
57,485
149,736
109,492
CH Own
Total
Shows
funds
2622
2022
Staff costs
469,287
Depreciation
45,763
Direct costs
313,417
831,572
313,417
1,346,622
Theatre
Learning and
Shows
Cinema
Participation
Marketing
2021
2021
2021
2021
£
£
£
£
Staff costs
454,091
Depreciation
41,903
Direct costs
51,672
2,663
14,140
547,666
2,663
14,140
Total
Shows
funds
2021
2021
Staff costs
454,091
Depreciation
41,903
Direct costs
68,475
564,469
Total
Total
funds
funds
2022
2021
Staff costs
92,403
Depreciation
2,527
Rent, rates and overheads
19,192
Insurance
29,056
21,026
Utilities
43,693
59,767
Vehicles
8,745
5,168
Postage, stationery & printing
5,242
8,113
Telephones
3,753
Computer costs
63,132
54,848
Audit and accountancy fees
28,175
41,000
Consultants
1,743
19,875
Subscriptions
1,817
1,117
Repairs and maintenance
51,597
39,866
Finance charges
33,836
23,968
Disallowable VAT
24,130
23,982
Bad debts written off
3,929
680
Training
2,755
6,166
Sundry expenses
3,959
5,270
Governance costs
3,486
1,779
423,170
312,625
12.
Auditors' remuneration
2022
2021
Fees payable to the Charitable Company's auditor for the audit of the
Charitable Company's annual accounts
16,050
13,000
Charitable
Charitable
Group
Group
Company
Company
2022
2021
2022
2021
£
£
£
£
Wages and salaries
517,290
54.0,5Z8_452,290−540;578
cial−s−acuTitts
34,010
30,546
34,010
30,546
Contribution to defined contribution pension
schemes
10,390
12,702
10,390
12,702
561,690
583,826
496,690
583,826
Group
Group
2022
2021
No.
No.
Employees
39
46
The number of employees whose employee benefits (excluding employer pension costs)
exceeded
£60,000 was:
Group
Group
2022
2021
No.
No.
Leasehold
Fixtures and
improvements
fittings
Total
Cost or valuation"
At 1 April 2021
227,016
532,358
759,374
Additions
72,371
67,041
139,412
At 31 March 2022
299,387
599,399
898,786
Depreciation
At 1 April 2021
59,089
393,560
452,649
Charge for the year
4,831
43,456
48,287
At 31 March 2022
63,920
437,016
500,936
Net book value
At 31 March 2022
235,467
162,383
397,850
At 31 March 2021
167,927
138,798
306,725
Leasehold
and Fixtures
improvements
fittings
Total
Cost or valuation
At 1 April 2021
227,016
485,109
712,125
Additions
72,371
67,041
139,412
At 31 March 2022
299,387
552,150
851,537
Depreciation
At 1 April 2021
59,089
352,674
411,763
Charge for the year
4,831
40,932
45,763
At 31 March 2022
63,920
393,606
457,526
Net book value
At 31 March 2022
235,467
158,544
394,011
At 31 March 2021
167,927
132,435
300,362
Investments
In
subsidiary
companies
Charitable Company
Cost or valuation
At 1 April 2021
100
At 31 March 2022
100
Net book value
At 31 March 2022
100
At 31 March 2021
100
Name
Company Registered office or Principal activity
Company Registered office or Principal activity
Company Registered office or Principal activity
Company Registered office or Principal activity
Class of
Holding
number
principal place of
shares
business
The Customs House
05812339 The Customs House, The running
of a
Ordinary
100%
Green Room Limited
Mill Dam, South
cafe bar and the
Shields, Tyne &
organisation
of
Wear, NE33 1ES
events and
conferences
at The
Customs House
The financial results of the subsidiary for the year were:
Name
Income
Expenditure
Profit/(Loss)
/ Surplus/
(Deficit) for
the year
The Customs House
224,725
(216,091)
8,634
Green Room Limited
7:−−−Stocks
7:−−−Stocks
Group
Group
2022
2021
£
£
Finished goods and goods for resale
11,690
3,765
18.
Debtors
Charitable
Charitable
Group
Group
Company
Company
2022
2021
2022
2021
£
£
£
£
Due within one year
Trade debtors
4,460
43,490
4,460
41,047
Amounts owed by group undertakings
177,196
73,143
Other debtors
4,473
76,436
4,473
76,436
Prepayments and accrued income
12,002
44,117
50,002
44,117
20,935
164,043
236,131
234,743
Charitable
Charitable
Group
Group
Company
Company
2022
2021
2022
2021
£
£
£
£
Trade creditors
89,699
32,123
82,090
30,876
Other taxation and social security
13,281
7,797
10,678
7,797
Other creditors
42,158
127,387
40,719
124,825
Accruals and deferred income
341,609
204,339
336,300
196,831
486,747
371,646
469,787
360,329
Charitable
Charitable
Group
Group
Company
Company
2022
2021
2022
2021
£
£
£
f
Deferred income at 1 April 2021
160,761
29,077
160,761
29,077
Resources deferred during the year
267,066
145,160
267,066
145,160
Amounts released from previous periods
(160,761)
(13,476)
(160,761)
(13,476)
267,066
160,761
267,066
160,761
2022
£
At the beginning of the year
1,024
Accelerated capital allowances
(64)
960
The deferre
d tax lia
bility is made up as follows:
Group
Group
2022
2021
£
£
Accelerated
capital
allowances
(960)
(1,024)
(960)
(1,024)
Statement of funds −curren
t year
Balance at
Balance at 1
31 March
April 2021
Income
Expenditure
Taxation
2022
Unrestricted funds
`Designated funds
Designated funds
130,000
130,000
General funds
General funds
254,638
1,952,992
(1,634,553)
(2,539)
570,538
Total Unrestricted funds
384,638
1,952,992
(1,634,553)
(2,539)
700,538
Restricted funds
Leasehold improvements
117,281
−
(4,831)
112,450
Other activities
88
−
(88)
Gallery and gallery outreach
8,127
(8,127)
Garfield Weston
148,688
(61,681)
−
87,007
Learning and Participation
39,389
104,037
(143,426)
313,573__−−−104,037
(218,153)_
199457
Total of funds
698,21−1−2;0571029—(1;852;706)
(2539)
899,995
Balance at
Balance al
Transfers
31 March
1 April 2020
Income
Expenditure
in/out
2021
£
−−£
Unrestricted funds
General funds
57,411
1,335,741
(1,008,514)
(130,000)
254,638
Designated funds
130,000
130,000
57,411
1,335,741
(1,008,514)
384,638
Restricted funds
Leasehold improvements
120,606
(3,325)
117,281
Other activities
88
88
Gallery and gallery outreach
6,166
1,961
8,127
Garfield Weston
164,400
(15,712)
148,688
Learning and Participation
34,721
18,808
(14,140)
39,389
161,581
185,169
(33,177)
313,573
Analysis of net assets between funds −current
year
Restricted
Unrestricted
Total
funds
funds
funds
2022
2022
2022
Tangible fixed assets
263,071
134,779
397,850
Current assets
989,852
989,852
Creditors due within one year
(63,614)
(423,133)
(486,747)
Provisions for liabilities and charges
(960)
(960)
Total
199,457
700,538
899,995
Restricted
Unrestricted
Total
funds
funds
funds
2021
2021
2021
£
£
£
Tangible fixed assets
117,281
189,444
306,725
Current assets
196,292
567,864
764,156
Creditors due within one year
(371,646)
(371,646)
Provisions for liabilities and charges
(1,024)
(1,024)
313,573
384,638
698,211
Group
Group
2022
2021
Net income for the year (as per Statement of Financial Activities)
201,784
477,617
Adjustments for:
Depreciation charges
48,287
41,903
Taxation
2,539
(350)
Decrease/(increase) in stocks
(7,925)
3,754
Decrease/(increase) in debtors
143,108
(14,896)
Increase/(decrease) in creditors
112,498
(28,010)
Net cash provided by operating activities
500,291
480,018
Group
Group
2022
2021
Cash
in hand
957,227
596,348
**Total **
cash and cash equivalents
957,227
596,348
At 1 April
At 31 March
2021
Cash flows
2022
Cash at bank and in hand
____596,348−−−—360,879−957;227
596,348
360,879
957,227
26.
Capital commitments
Group
Group
2022
2021
Contracted for but not provided in these financial statements