| CONTENTS | PAGE |
|---|---|
| Trustees' annual report | 2 |
| lndependent examiners'reportto the members | 8 |
| Statementoffinancial activities | 9 |
| Balancesheet | 10 |
| Statement of cashflows | 11 |
| Notes to thefinancial statements | 12-18 |
| XPENDTTUREACCOUN | T)FO | RTHEYEAR | ENDED 31 M | ARCH2022 | |
|---|---|---|---|---|---|
| Tota! | |||||
| Notes | Unrestricted | Restricted | Total Funds |
Unrestricted Funds |
|
| Funds | Funds | 2022 | 2021 | ||
| t | f | E | f | ||
| lncome: | |||||
| lncome from charitable | |||||
| activities: | |||||
| Theatre operations | 3 | 42,537 | 42,537 | 34,262 | |
| lnvestmentincome | 4 | o | 6 | 22 | |
| Total lncome | 42,543 | ___12813_ | 34,284 | ||
| Expenditure | |||||
| Expenditureonchaitable | |||||
| activities: | |||||
| Costoftheatre operations | 5 | 40,692 | 40,692 | 24,325 | |
| Total Expenditure | 40.692 | ___40&s2_ | 34 325 | ||
| Net (expenditure)/income | |||||
| and net movementinfunds | |||||
| for theyear | 1,851 | 1,851 | (41) | ||
| Reconciliationoffunds | |||||
| Totalfundsbrought | |||||
| forward | 33,642 | 33,642 | 33,683 | ||
| Transfers | |||||
| Totalfundscarried | |||||
| forward | 35,493 | 35,493 | 33,642 |
| 2022 | 2021 | ||
|---|---|---|---|
| Notes | E | E | |
| CURRENT ASSETS | |||
| Debtors | 11 | 13,229 | 31,914 |
| Cash at bank and inhand | 48,761 | 24,287 | |
| Total CurrentAssets | 61,990 | 56,201 | |
| LIABILITIES | |||
| Creditors falling due withinoneyear | 12 | (26,4e7) | (22,s59) |
| NETCURRENT ASSETS | 35,493 | 33,642 | |
| TOTALASSETS LESS CURRENT LIABILITIES | 35,493 | 33,642 | |
| THE FUNDS OF THE CHARITY | |||
| Restricted income funds | |||
| Unrestricted income funds | 35,493 | 33,642 | |
| TOTALCHARIWFUNDS | 14 | 35,493 | 33,642 |
| 2022 | 2021 | ||
|---|---|---|---|
| Notes | € | E | |
| NetCash used inoperating activities | 16 | 24,468 | (3,739) |
| Cashflows from investing activities | |||
| lnterest income | 6 | 22 | |
| Gashprovidedby (used in)investing activities | 6 | 22 | |
| Cashflows from financing activities | |||
| Gashused infinancing activities | |||
| lncreaseincash and cash equivalentsinthe year | 24,474 | (3,717) | |
| Cash and cash equivalentsatthe beginningof theyear | 24,287 | 28,004 | |
| Total cash and cash equivalentsatthe endoftheyear | 48,761 | 24,287 |
| lncomefrom charitable activities | ||
|---|---|---|
| Unrestricted | Unrestricted | |
| Funds | Funds | |
| 2022 | 2021 | |
| t | t | |
| Ticket sales | 21,445 | |
| Support from sponsors | 20,592 | 34,213 |
| Donations | 500 | 49 |
| 42,537 | 34,262 |
| lncomefrom investment activities | ||
|---|---|---|
| Unrestricted | Unrestricted | |
| Funds | Funds | |
| 2022 | 2021 | |
| t | f | |
| lnterest income from deposit account | 6 | 22 |
| 6 | 22 |
| Analysis ofexpenditure o | ncharitable acti | ncharitable acti | vities | ||
|---|---|---|---|---|---|
| Children's | Supportof | ||||
| programme | new and | Total | Total | ||
| developing | 2022 | 2021 | |||
| talent | |||||
| f | c | E | e | ||
| Production costs | 26,429 | 6,508 | 32,937 | 28,423 | |
| Venue hirecosts | |||||
| Governance costs(see | |||||
| note7) | 634 | 634 | 634 | ||
| Support costs (seenote 7) | 7 | 121 | 7 121 | 5,268 | |
| 34,184 | 6,508 | __19,692 | 34,325 |
| Ghildren's programme |
Supportof newand deveroping tatent |
Supportof newand deveroping tatent |
Total 2022 |
rotal 2021 |
|
|---|---|---|---|---|---|
| Costs | (34,184) | (6,508) | (40,692) | (34,325) | |
| Ticketincome | 21,445 | - | 21,445 | ||
| ('12,739') | (6,508) | (19,247) | (34,325) | ||
| Directgrantand | |||||
| sponsorship | |||||
| support | 14,592 | 6,500 | 21,092 | 24,262 | |
| lnvestment | |||||
| income | 6 | b | 22 | ||
| Net(cost)/ | |||||
| incometo | |||||
| reserves | 859 1 |
(8) | ___l,qq1_ | g1) |
| At31March2022 | General support |
Governance function |
Basisof apportionment |
|---|---|---|---|
| € | t | e | |
| Freelance costs | 5,262 | Operational | |
| lT Expenses | 1,859 | Operational | |
| lndependent | |||
| examiner fees | 621 | Governance | |
| Legaland other | |||
| professional fees | 13 | Governance | |
| Total | 7 121 | 634 |
| At31March2021 | General Support |
Governance function |
Basisof apportionment |
|---|---|---|---|
| E | t | € | |
| Freelance costs | 4,800 | Operational | |
| lTExpenses | 468 | Operational | |
| lndependent | |||
| examiner fees | 621 | Governance | |
| Legaland other | |||
| professional fees | 13 | Governance | |
| Total | 5 268 | 634 |
| editors:amountsfallingduewithinoneyear | ||
|---|---|---|
| 2022 | 202',1 | |
| E | € | |
| Trade creditors | 7,358 | |
| Other creditors and accruals | 1,302 | 1,702 |
| Deferred income (see note13below) | 17,837 | 20,857 |
| 26,497 | 22,559 |
| 2022 | 2021 | |
|---|---|---|
| f | € | |
| Balances asat1 April2021 | 20,857 | 27,650 |
| Amount releasedtoincome earned from charitable activities |
(20,591) | (16,149) |
| Amount deferredinyear | 17,571 | 9,356 |
| Balanceas at3'tMarch2022 | 17,837 | 20,857 |
| Analysis of | movements inunrestric | ted funds | ted funds | |
|---|---|---|---|---|
| Balance 1April |
lncoming resources Resources expendedTransfers |
Funds 3{March |
||
| 2021 L |
t f |
f | 2022 e |
|
| Generalfund | 33,642 | 42,543 (40,6e2) |
35,493 | |
| Analysis of | movementsin unrestricted funds-prioryear | |||
| Balance IApril |
lncomingResources resourcesexpendedTransfers |
Funds 31March |
||
| 2020 | 2021 | |||
| tfEa | t | |||
| Generalfund | 33,683 | 34,2U 44,325) | - | 642 33 |
| 2022 | 2021 | |
|---|---|---|
| General | General | |
| Fund | Fund | |
| t | t | |
| Cash at bank and inhand | 48,761 | 24,287 |
| Othernetcurrent | ||
| (liabilities)/assets | (13,268) | 9,355 |
| 35 493 | 33,642 |
| 2022 | 2021 | |
|---|---|---|
| € | f | |
| Netmovementinfunds | 1,851 | (41) |
| Deduct interest income | ||
| shown ininvesting | ||
| activities | (6) | (22) |
| Decrease/(lncrease)in | ||
| debtors | 18,685 | 4,338 |
| Increase/(Decrease)in | ||
| creditors | 3,938 | (8,014) |
| Netcashusedin | ||
| operating activities | 24,468 | (3,739) |