1[st] May 2021 to 30[th] April 2022
ARTISTIC DIRECTOR’S REPORT
2021 saw the company return to the stage after a long period of Covidcreated inactivity. We returned to Wilton’s Music Hall with a show fittingly entitled Curtain Raisers, comprising two one act pieces: Cox and Box and Les Deux Aveugles – both “curtain raisers” ie pieces intended to be performed before the main item of an evening’s programme in the theatre. The show opened at The Theatre, Chipping Norton on Aug 28, before transferring to London where it played until Sept 4. There was a further performance in Doncaster on Sept 8. Whilst it was well-received and enjoyed by all who saw it, audiences were smaller than we were used to pre-pandemic, and it was clear that not everyone was ready to return to the theatre.
The impact of the COVID pandemic continued to have a devastating effect on the company, as it continued to do on many other Performing Arts institutions. Reserves were depleted and what had originally thought to be a halt in activity of a few months turned out to be one of years rather than months.
Having failed twice to receive any funding from the Cultural Recovery Fund, we applied for the third round, and were awarded £21,500. Without that sum we would surely have been facing closure. It was enough to keep us afloat, though not enough to resolve all financial pressures or guarantee future prosperity.
The company continues to be sustained by the support of its Friends organisation, the Lunatics, whose regular donations, be they annually or monthly, allow the company to exist on a day-to-day basis. They fund the rent of our costume and set stores, and cover basic running costs and bills. Without them we would not survive.
| StatementofIncome and Retained Earnings fortheYearEnded 30April2022 |
|||
|---|---|---|---|
| 30.4.22 | 30.4.2r | ||
| Notes | + | f | |
| TURNOVER | 54,659 | 12,285 | |
| Costofsales | (42.s5r) | (8,380) | |
| GROSSPROFIT | 12,108 | 3,905 | |
| Administrativeexpenses | (.9.1',77) | (7,050) | |
| 2,931 | (3,145) | ||
| Other operating income | 2l,r55 | ||
| 0PERATTNG PROFTT(LOSS) | 4 | 24,086 | (3,14s) |
| Interest receivable andsimilarincome | I | ||
| 24,481 | (3,r4s) | ||
| Interest payable andsimilarexpenses | (18) | (1) | |
| PROFTT(LOSS) BEFORE TAXATTON | 24,069 | (3.r46) | |
| Taxonprofit/(loss) | |||
| PROTTT(LOSS) FORTHEF',TNANCTAL | |||
| YEAR | 24,069 | (3,r46) | |
| Retained earningsatbeginningofyear | (lr4.rr5) | (rr0^e69) | |
| RETAINEDEARNINGSATEND OF | |||
| YEAR | lI{L) | qr4I,5) |
| BalanceSheet 30April2022 |
|||
|---|---|---|---|
| 30.4.22 | 30.4.21 | ||
| Notes | f | t | |
| FIXEDASSETS | |||
| Tangibleassets | 5 | 386 | 302 |
| CURRENTASSETS | |||
| Stocks | 2,095 | 1,3',71 | |
| Debtors | 6 | 578 | 578 |
| Prepalmentsand accrued income | 943 | 503 | |
| Cash atbank | 16,478 | 2,066 | |
| 20,094 | 4.518 | ||
| CREDITORS | |||
| Amountsfallingduewithinone year | 1 | (110,s26) | (rrB,935) |
| NETCURRENTLIABILITIES | (90,432) | (114,417) | |
| TOTALASSETS LESSCURRENT | |||
| LIABILITIES | (90,046) | (1 14,1l5) | |
| RESERVES | |||
| Retained eamings | (90,046) | g,o1,r) | |
| (90,046) | q14l'5) |
| Theoperatingprofit{2021 - operatingloss) isstatedaftercharging: | |||
|---|---|---|---|
| 30.4.22 | 30.4.2r | ||
| Depreciation -ownedassets | fj | f -: |
|
| 5. | TANGIBLEFIXEDASSETS | ||
| Plantand | |||
| machinery | |||
| etc | |||
| i | |||
| COST | |||
| AtIMay2021 | 9.836 | ||
| Additions | 219 | ||
| At30April2022 | t0055 | ||
| DEPRECIATION | |||
| AtlMay2021 | 9.534 | ||
| Chargefor year | t35 | ||
| At30April2022 | 9,669 | ||
| NET BOOK VALUE | |||
| At30Apr1l2022 | Jtto : |
||
| At30April2021 | 302 | ||
| 6. | DEBTORS:AMOUNTSFALLINGDUEWITHINONEYEAR | ||
| 30.1.22 | 30.4.21 | ||
| f | f. | ||
| Trade debtors | 578 | 578 | |
| 1. | CREDITORS: AMOUNTSFALLINGDUEWITHINONEYEAR | ||
| 30.4.22 | 30.4.21 | ||
| f | T | ||
| Bank loans andoverdrafts | 2,720 | 206 | |
| Tradecreditors | 1,349 | IO)-1 | |
| Taxationand socialsecurity | 2,387 | 818 | |
| C)thercreditors | 104,070 | It6,884 | |
| !:,s% | I 18,935 |
| StatementofIncome and Retained Earnings fortheYearEnded 30April2022 |
|||
|---|---|---|---|
| 30.4.22 | 30.4.2r | ||
| Notes | + | f | |
| TURNOVER | 54,659 | 12,285 | |
| Costofsales | (42.s5r) | (8,380) | |
| GROSSPROFIT | 12,108 | 3,905 | |
| Administrativeexpenses | (.9.1',77) | (7,050) | |
| 2,931 | (3,145) | ||
| Other operating income | 2l,r55 | ||
| 0PERATTNG PROFTT(LOSS) | 4 | 24,086 | (3,14s) |
| Interest receivable andsimilarincome | I | ||
| 24,481 | (3,r4s) | ||
| Interest payable andsimilarexpenses | (18) | (1) | |
| PROFTT(LOSS) BEFORE TAXATTON | 24,069 | (3.r46) | |
| Taxonprofit/(loss) | |||
| PROTTT(LOSS) FORTHEF',TNANCTAL | |||
| YEAR | 24,069 | (3,r46) | |
| Retained earningsatbeginningofyear | (lr4.rr5) | (rr0^e69) | |
| RETAINEDEARNINGSATEND OF | |||
| YEAR | lI{L) | qr4I,5) |
| BalanceSheet 30April2022 |
|||
|---|---|---|---|
| 30.4.22 | 30.4.21 | ||
| Notes | f | t | |
| FIXEDASSETS | |||
| Tangibleassets | 5 | 386 | 302 |
| CURRENTASSETS | |||
| Stocks | 2,095 | 1,3',71 | |
| Debtors | 6 | 578 | 578 |
| Prepalmentsand accrued income | 943 | 503 | |
| Cash atbank | 16,478 | 2,066 | |
| 20,094 | 4.518 | ||
| CREDITORS | |||
| Amountsfallingduewithinone year | 1 | (110,s26) | (rrB,935) |
| NETCURRENTLIABILITIES | (90,432) | (114,417) | |
| TOTALASSETS LESSCURRENT | |||
| LIABILITIES | (90,046) | (1 14,1l5) | |
| RESERVES | |||
| Retained eamings | (90,046) | g,o1,r) | |
| (90,046) | q14l'5) |
| Theoperatingprofit{2021 - operatingloss) isstatedaftercharging: | |||
|---|---|---|---|
| 30.4.22 | 30.4.2r | ||
| Depreciation -ownedassets | fj | f -: |
|
| 5. | TANGIBLEFIXEDASSETS | ||
| Plantand | |||
| machinery | |||
| etc | |||
| i | |||
| COST | |||
| AtIMay2021 | 9.836 | ||
| Additions | 219 | ||
| At30April2022 | t0055 | ||
| DEPRECIATION | |||
| AtlMay2021 | 9.534 | ||
| Chargefor year | t35 | ||
| At30April2022 | 9,669 | ||
| NET BOOK VALUE | |||
| At30Apr1l2022 | Jtto : |
||
| At30April2021 | 302 | ||
| 6. | DEBTORS:AMOUNTSFALLINGDUEWITHINONEYEAR | ||
| 30.1.22 | 30.4.21 | ||
| f | f. | ||
| Trade debtors | 578 | 578 | |
| 1. | CREDITORS: AMOUNTSFALLINGDUEWITHINONEYEAR | ||
| 30.4.22 | 30.4.21 | ||
| f | T | ||
| Bank loans andoverdrafts | 2,720 | 206 | |
| Tradecreditors | 1,349 | IO)-1 | |
| Taxationand socialsecurity | 2,387 | 818 | |
| C)thercreditors | 104,070 | It6,884 | |
| !:,s% | I 18,935 |