2022-03-31-accounts

Trustees		Paul Adrian Baynton	Paul Adrian Baynton	Paul Adrian Baynton
		Robin Belfield
		Angela Jane	Caldara, Treasurer
		Abigail Graham
		Jenny Lee
		Peter Shore,	Chair
Charity number		1041549
Registered	office	Mitcham Library
		157 London Road
		Mitcham
		London
		CR4 2YR
General manager		Victoria Hibbs
Artistic director		Johnathan Humphreys
Independent	examiner	Ward Williams		Limited
		Bay Lodge
		36 Harefield	Road
		Uxbridge
		Middlesex
		UB8 1PH
Bankers		CAF Bank
		25 Kings Hill	Avenue
		West Mailing
		Kent
		ME194TA

			Page
Trustees' report			1-15
Independent examiner's		report	16
Statement offinancial	activities		17
Balance sheet			18
Notes to the financial	statements		19-28

					31 March 28	February
			Unrestricted	Restricted	Total	Total
			funds	funds	2022	2021
		Notes			f.
Income from: Charitable activities Investments			49,499 9	73,813	123,312 9	82,767 15
Total income			49,508	73,813	123,321	82,782
Ex enditure on: Charitable activities			49,553	74,166	123,719	71,459
Net (outgoing)/incoming transfers	resources before		(45)	(353)	(398)	11323
Gross transfers between	funds		204	(204)
Net income/(expenditure) Net movement in funds	for the year/		159	(557)	(398)	11,323
Fund balances at 1 March 2021			43,592	11,632	55,224	43,901
Fund balances at 31 March 2022			43,751	11,075	54,826	55,224

				31 March		28 February
				2022		2021
			Notes		f	E
Fixed assets
Tangible assets				577		1,061
Current assets
Debtors				7,968	6,506
Cash at bank and in		hand		57,401	63,709
				65,369	70,215
Creditors:	amounts	falling due within
one year			12	(11,120)	(16,052)
Net current	assets			54,249		54,163
Total assets less current liabilities				54,826		55,224
Income funds
Restricted	funds		13	11,075		11,632
Unrestricted	funds
Designated	funds			35,174	35,174
General unrestricted		funds		8,577	8,418
				43,751		43,592
				54,826		55,224

Charitable activities
		Mainstream Production	Community	Core	Total 2022	Total 2021
					f.	E
Grant income Earned income and donations Theatre tax relief		15,238 1,888	49,641 23,190	33,000 355	82,641 38,783 1,888	68,605 10,287 3,875
		17,126	72,831	33,355	123,312	82,767
Analysis by fund Unrestricted funds Restricted funds		7,097 10,029	9,047 63,784	33,355	49,499 73,813
		17,126	72,831	33,355	123,312
For the period ended 28 February Unrestricted funds Restricted funds	2021	3,875	1,107 33,545	33,905 10,335		38,887 43,880
		3,875	34,652	44,240		82,767

Grants receivable
		Total	Total
		2022	2021
		F	E
London Borough of Merton -Core Arts Council, England London Community Response Fund Jack Petchey Award Merton Giving Wimbledon Foundation London Borough ofWandsworth Clarion Futures KFC Foundation Other grants &E1,000		32,000 5,000 22,138 9,948 3,864 4,991 2,000 2,700	32,000 15,934 5,000 6,483 6,385 2,303 500
		82,641	68,605

					2022	2021
Investment	income	-	bank	interest		15

Charitable activities
		Mainstream	Community	Core	Total 2022f	Total 2021f
Staff costs Project fees Project costs		1,623 10,560	7,289 55,486 1,862	35,473	44,385 55,486 12,422	35,282 20,913 5,714
		12,183	64,637	35,473	112,293	61,909
Share ofsupport costs (see note 6)				7,706	7,706	7,150
Share ofgovernance 6)	costs (see note			3,720	3,720	2,400
		12,183	64,637	46,899	123,719	71,459
Analysis by fund Unrestricted funds		2,654		46,899	49,553
Restricted funds		9,529	64,637		74,166
		12,183	64,637	46,899	123,719
Forthe period ended 28 February Unrestricted funds Restricted funds		2021 3,404	27,236	30,484 10,335		30,484 40,975
		3,404	27,236	40,819		71,459

6	Supportcosts	Support	Governance	2022	2021	Basis ofallocation	Basis ofallocation
		costs	costs
	Depreciation Training and recruitment Office rent / theatre /	484 3,960		484 3,960	279 360 3,300	100%to core 100%to core 100%to core	activities activities activities
	Travel and subsistance	146		146		100%to core	activities
	Telephone IT	156 1,312		156 1,312	382 1,144	100%to core 100%to core	activities activities
	Admin and governance Printing, postage and Insurance	243 143 718		243 143 718	313 29 827	100%to core 100%to core 100%to core	activities activities activities
	Subscriptions Bank charges	438 106		438 106	455 61	100%to core 100%to core	activities activities
	Legal and professional Independent examiners		720 3,000	720 3,000	2,400	Governance Governance
		7,706	3,720	11,426	9,550
	Analysed between Charitable activities	7,706	3,720	11,426	9,550

The average monthly num	ber employees during the period was	:
		2022	2021
		Number	Number
Employment costs		2022 E	2021 E
Wages and salaries Other pension costs		43,922 463	35,000 282
		44,385	35,282

Tangible fixed assets
		IT&Office Equipmentf
Cost
At 1 March 2021		1,340
At 31 March 2022		1,340
Depreciation and impairment At 1 March 2021		279
Depreciation charged	in the period	484
At 31 March 2022		763
Carrying amount At 31 March 2022		577
At 28 February 2021		1,061

10	Financial	instruments	instruments					2022	2021
								F	F.
	Carrying amount Debt instruments		offinancial measured at			assets amortised	cost	6,331	6,198
	Carrying Measured	amount offinancial at amortised cost				liabilities		11,120	16,052
11	Debtors
								2022	2021
	Amounts	falling	due	within	one year:			F	F
	Trade debtors							3,723	4,192
	Other debtors							2,608	2,006
	Prepayments and		accrued income					1,637	308
								7,968	6,506
12	Creditors: amounts			falling	due within		one year
								2022	2021
								F.	F
	Trade creditors								26
	Accruals	and deferred		income				11,120	16,026
								11,120	16,052

donations and grants hel	d on trust for specific purpos	es:	es:
		Movement in funds
	Balance at 1 March 2021	Incoming resources E	Resources expended f	Transfers	Balance at 31 March 2022 F
Mainstream Community	(3,404) 15,036	10,029 63,784	(9,529) (64,637)	3,404 (3,608)	500 10,575
	11,632	73,813	(74,166)	(204)	11,075

							Movement	in funds
						Balance at 1	Incoming	Resources	Balance at 31
						March 2021	resources	expended	March 2022
								F	F
Professional	productions	and	new	projects	funds	15,174			15,174
Contingency						20,000			20,000
						35,174			35,174