Preston Little Theatre Company Limited
Report of the Trustees & extract from the Charity Accounts
31[st] March 2022
PRESTON LITTLE THEATRE COMPANY LIMITED A COMPANY LIMITED BY GUARANTEE
CONTENTS OF THE FINANCIAL STATEMENTS For The Year Ended 31 March 2022
| Page | |
|---|---|
| Company Information | 1 |
| Report of the Trustees | 2 |
| Report of the Independent Examiner | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Accounting policies and notes | 9 |
| Income and Expenditure | 14 |
PRESTON LITTLE THEATRE COMPANY LIMITED A COMPANY LIMITED BY GUARANTEE
COMPANY INFORMATION For The Year Ended 31 March 2022
TRUSTEES:
P C Armitt P Bracewell J Bracewell J Calvert D Brandwood - Spencer R E Carter J Dawson R Fraser A Green M Taylor W Tagg J Tudor D Yardley
REGISTERED OFFICE: Mayfield
Parsonage Lane Chipping Preston Lancashire PR3 2GJ
CHARITY NUMBER: 1045182
COMPANY NUMBER: 03008235 (England and Wales)
ACCOUNTANTS:
SBCA Chartered Accountants 17 Moor Park Avenue Preston Lancashire PR1 6AS
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PRESTON LITTLE THEATRE COMPANY LIMITED A COMPANY LIMITED BY GUARANTEE
REPORT OF THE TRUSTEES For The Year Ended 31 March 2022
The Trustees are pleased to present their annual directors’ report together with the financial statements of the charity for the year ending 31[st] March 2022 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum & Articles of Association, and Accounting & Reporting by Charities: Statement of Recommended Practice, applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
CHAIR’S REPORT
Following almost two years’ of Covid-19 restrictions, I am delighted to report that the Playhouse is now fully operational with its regular run of drama and musical productions from its resident user societies supplemented by a variety of other users, such as Northern Comedy Theatre.
At the beginning of the financial year, things were different. The theatre was still closed to the public, but we were fortunate that the continuing arrangement with UCLan to use it as a teaching space meant that the building was still in use and, importantly for the charity, earning revenue. However, following the conclusion of UCLAN’s hire in early June 2021, due to continuing Covid-19 restrictions and our concern for our audience’s well-being, the theatre remained closed to the public until we reopened on the 3[rd] September with a Northern Comedy Theatre’s production called ‘All above board’, a farce written by Nigel Planer of ‘The Young Ones’.
Our first ‘in-house’ production was ‘Curtain Up’ staged on the 10[th] and 11[th] September 2021 featuring members from our resident groups performing songs, sketches, comedic excerpts and even magic. It was wonderful to see our loyal audience again with over 200 people coming to see the show. Following this ‘grand opening’, the resident societies staged productions throughout the autumn which, along with shows by the Houghton Weavers, the Freckleton Band and Paul Sylvester performing close up magic, meant a continuing stream of audience members being able to enjoy live theatre for the first time in over eighteen months.
With Christmas approaching, the Musical Comedy Society presented their pantomime to thirteen sell out audiences with children, mums, dads, grandparents and their friends enjoying a very traditional event.
Unfortunately, as we entered the New Year, both the Hall Players and Preston Drama Club had differing reasons to postpone their productions scheduled for January. However, the Broughton Players were able to stage the February production of Ladies Down Under and were rewarded by almost 600 people coming to see the play.
Thankfully, following the success of the vaccination programme, the Government lifted all remaining restrictions on the 22[nd ] of February. Since when there have been productions from the drama groups and the Gilbert and Sullivan Society along with the usual one-act plays which ran over three nights in March.
For the one-acts, we were pleased see members of Grimsargh Players back on stage. Grimsargh Players members had decided that the society should withdraw as a member of the resident societies at the beginning of the season due to its lack of resources needed to stage full drama productions. Having been ‘resident’ at the Playhouse for 70 years the Trustees were saddened to see the group leave and wish it every success at Grimsargh Village Hall.
I express my sincere thanks to Tony Shaw and Mike Hurley, who after many years of valuable service as Trustees, stood down from the Board at the AGM last September. I welcome Ruth Fraser and Wynn Tagg as Trustees and look forward to working with them and all the Trustees in continuing to provide live theatre in the heart of Preston.
Finally, a special thank you to all the public who have continued to support the Playhouse through
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donations and attendance at productions.
Dennis Yardley, Chair
PRESTON LITTLE THEATRE COMPANY LIMITED A COMPANY LIMITED BY GUARANTEE
REPORT OF THE TRUSTEES For The Year Ended 31 March 2022
OUR PURPOSES AND ACTIVITIES
The object of Preston Little Theatre Co Ltd is to advance general education in the theatrical arts by providing a well-equipped theatre where amateur groups can rehearse and present their shows, thereby developing their own talents and the public appreciation of live theatrical performance.
The Playhouse, in its 73[rd] year, has 5 resident amateur societies (known as user societies) with a combined membership of about 200. Each season they present a wide and varied programme of entertainment in some 15 productions. Our resident societies produce drama, comedy, comic opera, pantomime and musical shows which are generally well received and provide an environment for nurturing young talent.
We seek to provide a wide range of entertainment through user societies, lettings of the theatre to other users, including opera, dance, drama and musical groups, pageants, and tribute bands. Local colleges and schools present shows featuring young people, including those with physical and educational challenges. As an example, as part of its use of the theatre as a teaching space, UCLan staged a performance by its students for an invited audience.
Since re-opening, the theatre has staged shows by Northern Comedy Theatre, the Houghton Weavers, the Freckleton Band, a charity show to raise money for refugees from Ukraine and a charity show to raise money for education in Africa which featured a performance of ‘The Signalman’ by Gerald Dickens.
The theatre is also used by the Players Drama School which runs workshops for young children from Reception up to school year 8 on Saturdays during term time.
We also stage our own productions managed by a small team working under the title Playhouse Promotions . This group is busy organising shows for next season. Monies raised through our own promotions are ringfenced in a Development Fund for future improvement projects at the theatre.
We are currently planning a Development Fund project to significantly improve the stage lighting to bring it up to a modern standard, improve reliability and reduce energy consumption.
As the Chair has pointed out, the theatre has resumed its normal run of productions after 18 months without any public performances, although as mentioned, two productions were postponed due to the levels of Covid-19 infections.
This return to ‘normal’ has generated income of around £18,500 from hire of the theatre to its resident groups and the Players Drama School. This income was supplemented by our own fundraising shows and hire of the theatre for other productions. Between them, these generated income of around £10,000.
In addition to this ‘regular’ income, we benefitted from the arrangement with UCLAN to use the theatre as a teaching space due the normal UCLAN venue being unavailable due to building works. Consequently, UCLAN commenced using the building on a commercial basis in mid-March 2021 and concluded with the stage performances referred to above in early June. Not only did this enhance our income but also brought students into the theatre.
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In addition, we were able to secure a further grant of £10,000 from the Government via Preston City Council as support for the loss of income between March and September 2021 due to Covid19.
Between UCLAN and the grant, we were able to record additional income of over £25,000.
The overall result for the financial year shows a ‘profit’ of just over £20,000. This is a tremendous outcome and one which we couldn’t imagine in March 2021 when we were unclear as to when we might be able to welcome back a paying audience.
In light of this financial outcome, the Trustees decided to transfer £20,000 from the General Fund to the Development Fund which now shows a balance of over £47,500.
As stated above, the first major use of this fund will be to enhance the stage lighting. This is expected to be an expensive project and, if appropriate, we may seek external funding to supplement our own resources.
Whilst productions are running as scheduled, we have noticed a slight reduction in audience numbers. We are better able to monitor tickets sales since we set up a central box office for all user societies in time for ‘Curtain Up’ in September. Previously, each society manged its own ticket sales.
We use Ticketsource as the box-office software, with Stripe for credit cards. Under this arrangement, we operate the box office phone service and collect ticket sales income into a ‘third party’ bank account which shows as a liability on the Balance Sheet. We forward ticket income to the user society, less TicketSource and credit card fees, at the conclusion of a production.
To help our user societies counter this decline in audience numbers, we are researching overhauling our marketing activity. At present, this is mainly based on the Playhouse website and the publication of ‘What’s on at the Playhouse’ twice a season. This brochure is mail-dropped to about 10,000 homes in the Preston area.
We are looking into using a more digital based approach using Facebook, Instagram and other social media platforms, with the possible use of a marketing agency in support.
As always, we will continue to encourage wider participation, particularly from a younger generation which will be the source of future audiences. Ongoing improvement of the theatre facilities for our users and an improvement in our marketing activity with more of a focus on youth is an important part of this encouragement.
Meanwhile, we are grateful for the efforts of our users and volunteers which enables Preston Little Theatre Co Ltd to be a successful, self-sufficient charity which is not ordinarily reliant on revenue grants from any source. We continue to operate on a not-for-profit basis, allowing us to contain the theatre hire costs which in turn enables our users to maintain ticket prices at affordable levels.
PLANS FOR FUTURE
We plan to continue with raising additional funds for the Development Fund to provide for our continued improvement of facilities at the Playhouse.
We propose to review our Governance structure with a view to enabling Trustees to focus on strategy and future direction whilst day to day management issues being dealt with by a Management Committee. We are also considering how to structure the membership to ensure fair representation across our resident user groups.
RESERVES
We undertake financial planning to be able to underwrite all the Charities ventures and to be able to embark upon projects without fear of incurring a deficit in either the short or long term.
GOVERNANCE
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Preston Little Theatre Co Ltd was incorporated on 10 January 1995 under the Companies Act 1985 and is limited by guarantee. It is governed by a Memorandum & Articles of Association.
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PRESTON LITTLE THEATRE COMPANY LIMITED A COMPANY LIMITED BY GUARANTEE
REPORT OF THE TRUSTEES (Continued) For The Year Ended 31 March 2022
TRUSTEES
The directors of the charitable company (the Charity) are its Trustees for the purpose of charity law. The Trustees shown below have held office during the period from 1 April 2020 to 31 March 2021.
P Armitt Appointed 21[st] October 2020 P Bracewell Assistant Secretary Appointed 10[th] January 1995 J Bracewell Appointed 7[th] September 2008 D Brandwood – Spencer Appointed 2[nd] July 2016 J Calvert Secretary Appointed 30[th] October 2016 R E Carter Appointed 21[st] August 2013 J Dawson Appointed 7[th] September 2008 R Fraser Appointed 5[th] September 2021 A Green Appointed 8[th] July 2018 M Hurley Resigned 31[st] December 2021 W Tagg Appointed 5[th] September 2021 A G Shaw Resigned 31[st] December 2021 M Taylor General Manager Appointed 23[rd] February 2017 J Tudor Appointed 29[th] April 2006 D Yardley Chair Appointed 29[th] April 2006
The Chair, Secretary and Assistant Secretary are elected (re-elected) at the Annual General Meeting. Other Trustees are appointed for a term of three years, with one third being elected (reelected) at the Annual General Meeting.
CHARITY NUMBER:
1045182
COMPANY NUMBER: 03008235 (England & Wales) INDEPENDENT EXAMINER: SBCA Chartered Accountants Preston CONTACT TRUSTEE: J Calvert OFFICE: Mayfield Parsonage Lane Chipping Preston PR3 2GJ
ON BEHALF OF THE BOARD:
...............................
J Calvert CPFA - Director
Dated: 24[th] July 2022
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PRESTON LITTLE THEATRE COMPANY LIMITED A COMPANY LIMITED BY GUARANTEE
REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES (DIRECTORS) OF PRESTON LITTLE THEATRE CO LIMITED For The Year Ended 31 March 2022
I report on the accounts of Preston Little Theatre Limited for the year ended 31[st] March 2021 set out on pages two to fourteen.
Respective responsibilities of trustees and examiner
The charity’s trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act,
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follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act,
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to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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which gives me reasonable cause to believe that, in any material respect the requirements to ensure that:
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proper accounting records are kept (in accordance with section 386 of the Companies Act 2006),
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act, or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
SBCA Chartered Accountants Preston
Dated: 24[th] July 2022
.
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PRESTON LITTLE THEATRE COMPANY LIMITED A COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 March 2022
| 31.03.22 | 31.03.22 | 31.03.21 | ||||
|---|---|---|---|---|---|---|
| Undesigna | Designate | Restricte | Total | Total | ||
| ted | d | d | ||||
| Income | Income | Income | ||||
| Notes | £ | £ | £ | £ | £ | |
| Incoming | 3 | 61,873 | 13,177 | - | 75,051 | 37,093 |
| Resources | ||||||
| Resources | ||||||
| Expended | ||||||
| Charitable | 52,843 | 3 | - | 52,846 | 31,335 | |
| Expenditure | - | |||||
| Administration | 1,583 | 1,583 | 1,184 | |||
| Expenses | ||||||
| - | ||||||
| Total Expenditure | 54,426 | - | - | 54,429 | 32,519 | |
| Net Incoming / | 4 | 7,447 | 13,174 | - | 20,622 | 4,574 |
| (outgoing) | ||||||
| resources | ||||||
| Transfer between | 6 | (20,000) | 21,233 | (1,233) | - | - |
| funds | ||||||
| Net movements | (12,553) | 34,407 | (1,233) | 20,622 | 4,574 | |
| in funds | ||||||
| Total funds | 172,104 | 13,159 | 1,233 | 186,496 | 181,923 | |
| brought | ||||||
| forward | ||||||
| TOTAL FUNDS | £159,551 | £47,566 | - | £207,117 | £186,49 | |
| CARRIED | 6 | |||||
| FORWARD |
CONTINUING OPERATIONS
None of the company's activities were acquired or discontinued during the current and previous years.
TOTAL RECOGNISED GAINS AND LOSSES
The company has no recognised gains or losses other than the profits or losses for the current and previous years.
FUNDS
The funds comprise of an Undesignated Fund for theatre operation, a Designated Fund earmarked specifically for theatre development (both unrestricted) and a Restricted Fund for specific grants and legacies which have their purposes specified by the grantor.
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PRESTON LITTLE THEATRE COMPANY LIMITED A COMPANY LIMITED BY GUARANTEE
BALANCE SHEET 31 March 2022
| Notes | 31.03.22 | 31.03.21 | |
|---|---|---|---|
| £ | £ | ||
| FIXED ASSETS: | 7 | ||
| Tangible Assets | 132,653 | 143,426 | |
| CURRENT ASSETS: | |||
| Stocks | 8 | 1,073 | 9 |
| Debtors and accruals | 9 | 6,020 | 50 |
| Cash at bank and in hand | 76,470 | 3,707 | |
| 43,580 | |||
| 83,563 | 48 | ||
| ,237 | |||
| CREDITORS, ACCRUALS, | 10 | (9,099) | (5,167) |
| DEPOSITS: | |||
| Amounts falling due within one year | |||
| NET CURRENT ASSETS: | 74,464 | 43,070 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | £207,117 | £186,496 | |
| FUNDS | 11 | ||
| Theatre Operation - unrestricted | 159,551 | 172,104 | |
| Theatre Development - unrestricted | 47,566 | 13,159 | |
| Restricted | - | 1,233 | |
| £207,117 | £186,496 |
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006, for the year ended 31[st] March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31[st] March 2021 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and constitute the accounts required by the Companies Act 2006 and are for circulation to Members of the Company.
The financial statements were approved by the Board of Trustees on 24[th] July 2022 and were signed on its behalf by:
......................................................
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I Calvert CPFA- Director li
PRESTON LITTLE THEATRE COMPANY LIMITED A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 March 2021
1. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Preston Little Theatre Company Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Financial Reporting Standard Number 1
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.
Incoming Resources
All incoming resources are included in the statement of financial activities when a charity is entitled to, and virtually certain to receive the income, and the amount can be quantified with reasonable accuracy.
Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are grants and donations which the donor has specified are to be solely used for particular areas of the Trust’s work or for specific artistic projects being undertaken by the Trust.
Tangible Fixed Assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Furniture & fittings - 15% on reducing balance Sound & lighting equipment - 25% on reducing balance Improvements to property - written off over period of lease
Stocks
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Financial instruments
The trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2. LEGAL STATUS OF TRUST
The Trust is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
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PRESTON LITTLE THEATRE COMPANY LIMITED A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 March 2022
Income from the hire of the building and equipment was derived as follows: User societies Players Drama School Other users Workshop Income from Fund Raising Donations Gift Aid claimed Fund raising shows Income from Government Grants Covid 19 grants 3.INCOMING RESOURCES 31.03.22 £ Theatre Operation Bar sales Hire of building & equipment Rent of car park 14,853 37 ,855 4,165 Other Income Fund raising ** Government grants Interest 8,168 10,000 10 Total Undesignated Income 75,051 Theatre Development Income from fundraising activities - Restricted Income from grants/legacies - Total Incoming Resources 75,051 |
31.03.21 £ (863) 3,800 5,125 8,028 21,003 37,093 - - |
|
|---|---|---|
| £ 14,555 3,900 17,800 1,600 £37,855 £ 506 110 7552 £8,168 £ £10,00 0 37,093 |
||
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`` PRESTON LITTLE THEATRE COMPANY LIMITED A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 March 2022
4 NET INCOMING RESOURCES
Net incoming resources are stated after charging:
----- Start of picture text -----
31.03.2 31.03.2
2 1
£ £
Depreciation – Owned assets 9,449 9,319
£9,449 £9,319
----- End of picture text -----
5. CORPORATION TAXATION
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent these are applied to its charitable objects.
6. FUND TRANSFERS
Funds were transferred from both the Restricted Fund and the Undesignated Fund to the Development Fund to reflect the
intended use.
7. TANGIBLE FIXED ASSETS
| Improveme | Sound & | Furniture & | Total | |
|---|---|---|---|---|
| nts to | lighting | Equipment | ||
| Property | equipmen | |||
| t | ||||
| £ | £ | £ | £ | |
| COST: | ||||
| At 1stApril 2021 | 191,203 | 5,761 | 8,991 | 205,955 |
| Release of provison | (2,873) | - | - | (2,873) |
| Asset additions | - | - | 1,548 | 1,548 |
| At 31stMarch 2022 | 188,330 | 5,761 | 10,539 | 204,630 |
| DEPRECIATION | ||||
| At 1stApril 2021 | 53,628 | 4,411 | 4,489 | 62,528 |
| Charge for year | 8,141 | 252 | 1,057 | 9,450 |
| At 31stMarch 2022 | 61,769 | 4,662 | 5,546 | 71,978 |
| NET BOOK VALUE | ||||
| At 31stMarch 2022 | 126,561 | 1,099 | 4,993 | 132,653 |
| At 31stMarch 2021 | 137,574 | 1,350 | 4,502 | 143,426 |
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PRESTON LITTLE THEATRE COMPANY LIMITED A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 March 2022
8. STOCKS
| 8.STOCKS | 8.STOCKS | ||
|---|---|---|---|
| .DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.03.22 £ Bar Stock 1,073 31.03.22 £ Trade Debtors 6,020 Income accrual (UCLAN) - Prepayments - £6,020 |
31.03.21 £ 950 31.03.21 £ 100 2,200 1,407 |
||
| £6,020 | £3,707 |
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
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| Trade Creditors Asset additions retention Payroll liabilities Creditor provisions PRS provison Advance booking deposits Amounts due to third parties Total Ticket takings collected on behalf of theatre hirers not yet paid over |
31.03.22 £ 1,544 - 161 1,221 1,600 1,200 3.372 £9.099 |
31.03.21 £ 182 2,020 152 1,163 750 900 |
|---|---|---|
| £5,167 | ||
PRESTON LITTLE THEATRE COMPANY LIMITED A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 March 2022
11. FUNDS:
| Total | |
|---|---|
| £ | |
| Undesignated Funds (Unrestricted) | |
| Fund balance brought forward as at 1stApril 2021 | 172,104 |
| Surplus for the year | 7,477 |
| Transfers in/(out) | (20,000) |
| Total Undesignated Funds | £159,55 |
| 1 | |
| Designated Funds (Unrestricted) | |
| Fund balance brought forward as at 1stApril 2021 | 13,159 |
| Surplus for the year | 13,174 |
| Transfers in/(out) | 21,233 |
| Total Designated Funds | £47,566 |
| Restricted Funds | |
| Fund balance brought forward as at 1stApril 2021 | 1,233 |
| Grants & legacies received | - |
| Transfers in/(out) | (1, |
| 233) | |
| Total Restricted Funds | £0 |
| TOTAL FUNDS | £207,117 |
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PRESTON LITTLE THEATRE COMPANY LIMITED A COMPANY LIMITED BY GUARANTEE
Income and Expenditure For The Year Ended 31 March 2022
| 31.03.22 | 31.03.21 | |
|---|---|---|
| £ £ |
£ £ |
|
| Incoming Resources: Proft on bar Hire of building & equipment Rent of car park Donations and interest received Gift Aid claimed Fund Raising Grants & Legacies Interest |
6,845 37,855 4,165 506 110 7,552 10,000 10 |
(853) 3,800 5,125 6,983 1,045 - 21,003 - |
| 67,043 | 37,093 | |
| Charitable Expenditure: Wages Print, post, stationery & phone Repairs & renewals Sundry expenses Rates & water Insurance & licences Rent Depreciation Light & heat Cleaning materials Car park tickets Fund raising fees Publicity Box ofce Credit card Charitable donation |
6,938 916 5,125 - 2,953 8,097 500 9,449 5,707 1,650 990 7 793 157 1,506 50 |
6,770 728 3,241 - 1,661 6,334 500 9,319 1,122 273 - 163 - 1,213 |
| 44,838 | 31,322 | |
| 22,205 | 5,771 | |
| Administration Costs: Accountancy & secretarial Bank charges |
1,583 - |
1,197 - |
| (1,583) | (1,197) | |
| SURPLUS / (DEFICIT) FOR THE YEAR |
£20,622 | £4,574 |
This does not form part of the statutory financial statements
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