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|Reference and Administrative|Details||||
|---|---|---|---|---|
|Trustees'
Report||||2-7|
|Auditors'
Report||||8-10|
|Statement of Financial Activities (including||Income and Expenditure|Account)|11 - 14|
|Balance Sheet||||15|
|Cash Flow Statement||||16|
|Notes to the Financial Statements||||17-29|
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|L BBell|||
|---|---|---|
|A H Bowden|||
|S M Catley|||
|D Chatten-Smith|||
|AJ Finney|resigned|12July 2021|
|8 Hayward|||
|G Hurry|appointed|12July 2021|
|J Izett|appointed|12July 2021|
|C Kinnear|resigned|7 May 2021|
|C Smith (Chair)|appointed|12July 2021|
|D W C Whelton|||
|J Whiffield|appointed|12July 2021|
|Secretary|||
|M Cleaver|||
|Chief executtvelday today management|||
|M Cleaver|||
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|||2021||
|---|---|---|---|
|||2||
|Expenditure
on charitable activities||||
|Theatrical production costs||||
|Staff costs||419,218|582,104|
|Fees and direct performance|costs|5,944|2,557,974|
|Education
and outreach||1,255|54,724|
|Marketing
and box office||48,962|168,293|
|Premises costs||244,132|348,159|
|Depreciation
costs||25,960|33,221|
|||745,471|3,744,475|
|Support costs - page 14||883,663|1,358,464|
|Governance costs - page 14||12,000|22,025|
|||1,641,134|5,124,964|
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|Fbtsd assets||||||||
|---|---|---|---|---|---|---|---|
|Tangible assets|||11||56,616||53,401|
|Investments|||12||556,823||494,866|
||||||613,439||548,267|
|Cermet assets||||||||
|Stocks|||18|12,412||21,933||
|Debtors|||'f4|142,772||128,554||
|Investments|||1$|526,454||1,081,523||
|Cash at bank and|in|hand||2,401,690||1,643,673||
|Llabllties||||3,083,328||2,875,683||
|Creditors: amounts||falling||||||
|due within one year|||16|(1,188,322)||(1,464,443)||
|)tet curtest assets|||||1,895,006||1,411,240|
|Total assets less|curmnt|||||||
|liabilities|||||2,508,445||1,959,507|
|Credltom: amounts||falling due||||||
|alter more than|one year||||(190,000)|||
||||||2,318,445||1,959,507|
|The funds ofthe|charity|||||||
|Unrestricted
funds||||||||
|- General fund|||||848,703||786,429|
|- Designated
funds|||||935,367||933,727|
|Total unrestricted|funds||||1,784,070||1,720,156|
|Restricted funds|||20||534,375||239,351|
|Total chattty funds|||||2,318,445||1,959,507|
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||||Notes|2|2|
|Cash flows fiom opendlng||acthrltles||||22|228,610|(107,616)|
|Cash Rows fmm Investing||actlvttles:|||||||
|Dividends,|interest and rents from investments||||||3,513|16,761|
|Purchase|oftangible fixed assets||||||(29,175)|(10,624)|
|Net cash|provided
by Invesbnent||ackvktes||||(25,662)|6,137|
|Change
in|cash and cash equivalents||in the|reporting|pediod||202,948|(101,479)|
|Cash and|cash equivalents|at the beginning||ofthe reporting||period|2,725,196|2,826,675|
|Cash and|cash equivalents|atthe|end of|the tnpotttng||period|2,928,144|2,725,196|
|Represented
by:|||||||||
|Cash - deposits and investments|||||||526,454|1,081,523|
|Cash at bank and in hand|||||||2,401,690|1,643,673|
||||||||2,928,144|2,725,196|
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||forth|forth|e year ended 31March|2021||
|---|---|---|---|---|---|
|4.|Income from invesbnents|||2021|2020|
|||||2||
||Fixed asset Invesbnents|||||
||Gains/(losses)
on listed|investments|(note 12)|61,957|(8,434)|
||Other Investment
Income|||||
||Bank interest received|||3,513|16,761|
|0.|Net income forthe year Is|||2021|2020|
||stated alter charging:|||5|2|
||Depreciation
oftangible|fixed assets||25,960|33,221|
||Operating
lease rentals|||10,104|10,104|
||Auditors'
remuneration:|||||
||-external
audit|||8,000|8,000|
||-other services|||4,000|14,025|
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||Notes tothe Finan
forthe year ended|cial Statements
21 March 2021||
|---|---|---|---|
|7.|Staffcosts and numbers|2021|2020|
|||2|E|
||Stalf cmobs|||
||Salaries and wages|999,821|1,356,389|
||Social security costs|68,113|89,937|
||Pension costs|24,039|43,323|
|||1,091,973|1,489,649|
|||||2021||
|---|---|---|---|---|---|
|||||2||
|Total|remuneration|and|benefits|70,568|193,496|
|up as follo|ws:|||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||Number|Number|
|Management||||1|2|
|Administration||and sales||26|31|
|Buildings,|production||and technical|26|28|
|Operations|and|front|of house|63|61|
|||||116|122|
||||2021|2020|
|---|---|---|---|---|
||||Number|Number|
|F60,000|-|F69,999|||
|670,000|-|679,999|||
|F80,000|-|689,000|||
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|13.|Stocks|2021|2020|
|---|---|---|---|
|||8|8|
||Finished goods and goods for resale|12,412|21,933|
|||12,412|21,933|
||||2020|
||Trade debtors|27,101|52,290|
||Other debtors|38,272|27,336|
||Prepayments|77,399|48,928|
|||142,772|128,554|
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|16.|Current asset Inveatmentn|Current asset Inveatmentn|Current asset Inveatmentn||||
|---|---|---|---|---|---|---|
||Cash - deposits
and||investments||526,454|1,081,523|
|16.|Credltom: amounts||falling|due|2021||
||within one year||||2||
||Trade creditors||||51,902|106,907|
||Amounts
owed to|group undertaking|||2|2|
||Other taxation/social||security||18,013|58,026|
||Other creditors||||75,948|302,884|
||Accruals||||122,323|134,761|
||Deferred income|(note 18)|||920,134|861,863|
||||||1,188,322|1,464,443|
|17.|Credltotu: amourda||falling|due|2021||
||aller mom than|one year|||||
||Other creditors||||190,000||
|16.|Del'erred Income|||||2020|
|||||||R|
||Balance brought forward||||861,863|745,136|
||Amount released|to|incoming|resources||(745,136)|
||Amount
deferred|in|the year||58,271|861,863|
||Balance carried forward||||920,134|861,863|
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|19.|Unmstrlcted|fUnds|Brought|Incoming|Outgoing|Transfers|Canted|
|---|---|---|---|---|---|---|---|
||||forward|resources|resources||forward|
||||B|B|S|E|2|
||General funds||786,429|1,163,666|(1,099,752)|(1,640)|848,703|
||Designated|funds:||||||
||Repairs and|maintenance|343,195||||343,195|
||Boxoffice||104,104||||104,104|
||Basingstoke|partnerships|48,799|||1,000|49,799|
||Development|fund|12,565||||12,565|
||Steinway Piano fund||70,000||||70,000|
||Programme||120,000||||120,000|
||Sustainable|environment|80,262|||6,362|86,624|
||Business development||5,000||||5,000|
||Strategic review||41,700|||37,200|4,500|
||Customer experience||33,000||||33,000|
||Closure impact||75,102|||31,478|106,580|
||||933,727|||1,640|935,367|
||||1,720,156|1,163,666|(1,099,752)||1,784,070|
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||f|orthe year ended|31Mamh 2021|||
|---|---|---|---|---|---|
|20.|Restricted funds|Brought|Incoming|Outgoing|Carried|
|||forward|lssollrces|Issolllcea|forward|
|||S|K|S|S|
||HMRC JRSfunding||541,189|(541,189)||
||Great Music ofthe World|230,796|25,551||256,347|
||New Dimensions|713||(73)|640|
||Musication|7,842|93|(120)|7,815|
||Emergency
and Reopening||269,573||269,573|
|||239,351|836,406|(541,382)|534,375|
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|Analysis ofne|t assets between funds|||||
|---|---|---|---|---|---|
|||Gene mt|Designated|Restdcted|Total|
|||funds|funds|funds||
|Fund balances|at 31 March 2021|E|2|2|2|
|are represented|by:|||||
|Tangible fixed|assets|56,616|||56,616|
|Investments||556,823|||556,823|
|Net current assets||425,264|935,367|534,375|1,895,006|
|Long term (liabilities)||(190,000)|||(190,000)|
|||848,703|935,367|534,375|2,318,445|
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|Reconciliation ofnet Income|to ne|t cashllow from op|erating
a|ctivities:||
|---|---|---|---|---|---|
|||||2021|2020|
||||||2|
|Net income for the reporting|period|per the Statement|of|358,938|189,165|
|Financial
Activities (page 12)||||||
|At((ustmenls
for:||||||
|Depreciation
and amortisation||||25,960|33.221|
|(Gains)/losses
on investments||||(61,957)|8,434|
|Dividends,
interest and rents from investments||||(3,513)|(16,761)|
|Movement
in worldng
capltah||||||
|Decrease in stock||||9,521|6,568|
|Increase/(decrease)
in debtors||||(14,218)|133,367|
|(Decrease) in creditors||||(86,121)|(461,610)|
|Net cashllow from operating|activities|||228,610|(107,616)|
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|At 31 March
2021 the charitable
company
had
operating
leases falling due as follows:|total
future
commitments
under
non|-cancellable|
|---|---|---|
||2021|2020|
||2|2|
|Due:|||
|Within one year|8,640|9,190|
|Between one and five years|5,652|13,877|
||14,292|23,067|
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