CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report on the
accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
Edge Productions
On accounts for the year
ènded
31 D￿mber 2020
Charlty no
(rfany}
1053094
Set out on pages
3to12
I report to the trustees on my examination of the accounts of the above
charity (Ihe Trusf) for the year ended 3111212020.
Responsibilities and
basls of report
As the charitys trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
Acr).
I report in respect of my examination of the Trusts accounts carried out
under section 145 of the 2011 Act and in carying out my examination, I
have followed all the applicab￿ Directs"ons given by the Charity Commission
under section 145(5){b) of the A¢1.
Independent I have completed my examination. I confimi that no material matters have
examiner's statsment come to my attention in connection with the examination (other than that
disclosed below") which gives me cause to believe that in, any material
the accounting records *Ere not kept in accordance with section 130
of the Charrties Act: or
the accounts dKI not accord with thè accounting records,. or
the accounts did not comply with the applicable requirements
con￿MIng the fO￿ll and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirem8nt
that the accounts give a ttrue and fairf view vthich is not a matter
onsidered as part of an independent examination.
I have no concerns and have come across no other matters in connecb.on
with the examination to which attention should be drawn in this report in
order to enable a proper understanding of the accounts to be reached.
. Hease delete the in the bt3ckets rfthey do not apply.
Signed:
Date:
11 Novemter 2021
Name:
Ja¢ques Gholam
Relevant profèssional
qualificationls) or body
(if any):
nla. A¢¢ountant wtth over 20 years audtt experience and thirty fjve years
running own practio.
Address:
3 Bevan Hill Chesham Buckinghamshire HP5 2QS
IER
Oct 2018

Section B
Disclosure
Only complete if the examiner needs to highlight material matters of concem
(see CC32, Independent examination of charity accounts: directions and
gutdance for examineTS).
Glve here brlef details of
any Items that the
oxaminer wishes to
disclose.
IER
Oct 2018

2020 


**----- Start of picture text -----**<br>
Edge Productions<br>**----- End of picture text -----**<br>


FULL YEAR ACCOUNTS 2020 

REGISTERED CHARITY UK 1053094 




## **Edge Productions** 

Registered Charity UK 1053094 Annual Accounts 1 January 2020 to 31 December 2020 

## **Financial Summary** 

|**Full Year 2020**||||
|---|---|---|---|
||**Edge Productions**|**Edge Venue**|<br>**Group Total**|
|**Assets**||||
|Bank Account|7,946.47|3,431.73|<br>11,378.20|
|Savings Account|1,035.28|592.21|<br>1,627.49|
|Accounts Receivable|-|<br>1,490.00|<br>1,490.00|
|**Total Assets**|**8,981.75**|**5,513.94**|<br>**14,495.69**|
|||||
|**Liabilities**||||
|Accounts Payable|-|200.00|<br>200.00|
|**Total Liabilities**||**200.00**|<br>**200.00**|
|||||
|**Profit and Loss**||||
|Gross Revenue1|4,413.86|30,129.21|<br>34,543.07|
|Cost of Sales|1,066.84|-|<br>1,066.84|
|Operational Costs|2,973.32|29,389.05|<br>32,362.37|
|**Total Profit**|**373.70**|**740.16**|<br>**1,113.86**|



1 Includes £10,000 of BEIS Grant. 

## **Treasurers Report** 

Revenues fell significantly this year due to the Covid-19 pandemic; Edge Productions were unable to stage any productions or fundraising events in the year and The Edge Venue was closed for a large proportion of the year seeing a reduction in rentals. 

This was offset by the receipt of a grant from the BEIS in addition to a major cost reduction programme. We were able to support our regular hirers (predominantly The Montessori School) with rent reductions to provide support throughout the Covid-19 crisis. 

The closure of the venue allowed us to compete the refurbishment of the venue for the advantage of the community with all of the public areas completed. 

The cost reduction programme has a long-term benefit leaving the charity in a strong financial position for the future. 


Craig Howard **Treasurer Edge Productions.** 

Encl. Edge Productions Account Balances on 31 December 2020 Edge Productions Profit and Loss Full year 2020 Edge Venue Account Balances on 31 December 2020 Edge Venue Profit and Loss Full year 2020 



## Account Balances 


## **001 - Edge Productions** 

Date Range: Jan 01, 2020 to Dec 31, 2020 

|**ACCOUNT**|**STARTING**<br>**BALANCE**|**DEBIT**|**CREDIT**|**NET**<br>**MOVEMENT**|**ENDING**<br>**BALANCE**|
|---|---|---|---|---|---|
|**Assets**||||||
|CAF Cash Account|£7,573.61|£4,411.46|£4,038.60|£372.86|£7,946.47|
|CAF Gold Account|£1,034.44|£0.84|£0.00|£0.84|£1,035.28|
|**Total Assets**|**£8,608.05**|**£4,412.30**|**£4,038.60**|**£373.70**|**£8,981.75**|



|**Liabilities**||||||
|---|---|---|---|---|---|
|**Total Liabilities**|**£0.00**|**£0.00**|**£0.00**|**£0.00**|**£0.00**|
|||||||
|**Equity**||||||
|**Total Equity**|**£0.00**|**£0.00**|**£0.00**|**£0.00**|**£0.00**|
|||||||
|**Income**||||||
|Bar Sales||£0.00|£109.00|£109.00||
|Drama Club Income||£0.00|£564.02|£564.02||
|Event - Brush||£0.00|£870.00|£870.00||
|Event - Brush 2||£0.00|£110.00|£110.00||
|Grants||£0.00|£2,500.00|£2,500.00||
|Investments –<br>Interest||£0.00|£0.84|£0.84||
|Membership Fees||£0.00|£260.00|£260.00||
|**Total Income**||**£0.00**|**£4,413.86**|**£4,413.86**||



Account Balances - 001 - Edge Productions Date Range: Jan 01, 2020 to Dec 31, 2020 

Created on Jan 01, 2021 

Page 1 / 2 



|**Expenses**||||
|---|---|---|---|
|Accounting Fees|£60.00|£0.00|£60.00|
|Bar License|£180.00|£0.00|£180.00|
|Bar Stock|£161.75|£0.00|£161.75|
|Event - Brush Party|£600.00|£0.00|£600.00|
|Event - Race Night|£117.99|£0.00|£117.99|
|iZettle Fees|£1.56|£0.00|£1.56|
|Office Supplies|£136.76|£0.00|£136.76|
|Pantomime<br>Costumes|£35.90|£0.00|£35.90|
|Pantomime License|£106.20|£0.00|£106.20|
|Pantomime Scripts|£45.00|£0.00|£45.00|
|Rent Expense|£2,595.00|£0.00|£2,595.00|
|**Total Expenses**|**£4,040.16**|**£0.00**|**£4,040.16**|
|||||
|**Total for all**<br>**accounts**|**£8,452.46**|**£8,452.46**||



Account Balances - 001 - Edge Productions Date Range: Jan 01, 2020 to Dec 31, 2020 

Created on Jan 01, 2021 

Page 2 / 2 



## Account Balances 


## **002 - Edge Venue** 

Date Range: Jan 01, 2020 to Dec 31, 2020 

|**ACCOUNT**|**STARTING**<br>**BALANCE**|**DEBIT**|**CREDIT**|**NET**<br>**MOVEMENT**|**ENDING**<br>**BALANCE**|
|---|---|---|---|---|---|
|**Assets**||||||
|001 - Social Hall<br>Cash|£2,575.78|£33,116.34|£32,260.39|£855.95|£3,431.73|
|002 - Social Hall<br>GOLD|£591.75|£0.46|£0.00|£0.46|£592.21|
|Accounts Receivable|£1,406.25|£23,058.75|£22,975.00|£83.75|£1,490.00|
|**Total Assets**|**£4,573.78**|**£56,175.55**|**£55,235.39**|**£940.16**|**£5,513.94**|
|||||||
|**Liabilities**||||||
|Accounts Payable|£0.00|£4,950.00|£5,150.00|£200.00|£200.00|
|**Total Liabilities**|**£0.00**|**£4,950.00**|**£5,150.00**|**£200.00**|**£200.00**|
|||||||
|**Equity**||||||
|**Total Equity**|**£0.00**|**£0.00**|**£0.00**|**£0.00**|**£0.00**|
|||||||
|**Income**||||||
|Grants||£2,500.00|£10,000.00|£7,500.00||
|Investments –<br>Interest||£0.00|£0.46|£0.46||
|Other Income||£500.00|£570.00|£70.00||
|Rental Casual||£470.00|£6,963.75|£6,493.75||
|Rental Contract||£0.00|£16,065.00|£16,065.00||
|**Total Income**||**£3,470.00**|**£33,599.21**|**£30,129.21**||



Account Balances - 002 - Edge Venue Date Range: Jan 01, 2020 to Dec 31, 2020 

Created on Nov 11, 2021 

Page 1 / 2 



|**Expenses**||||
|---|---|---|---|
|Accounting Fees|£260.00|£0.00|£260.00|
|Building Repairs &<br>Maintenance|£12,067.94|£0.00|£12,067.94|
|Cleaning Contract<br>Services|£3,900.00|£0.00|£3,900.00|
|Cleaning Supplies|£801.52|£364.42|£437.10|
|Insurance – Property|£3,246.03|£0.00|£3,246.03|
|Operating<br>Administration|£1,585.20|£0.00|£1,585.20|
|Utilities - Boiler<br>Insurance|£1,579.53|£0.00|£1,579.53|
|Utilities - Electric|£2,975.19|£0.00|£2,975.19|
|Utilities - Gas|£2,450.16|£0.00|£2,450.16|
|Utilities - Waste|£570.06|£0.00|£570.06|
|Utilities - Water|£504.76|£186.92|£317.84|
|**Total Expenses**|**£29,940.39**|**£551.34**|**£29,389.05**|
|||||
|**Total for all**<br>**accounts**|**£94,535.94**|**£94,535.94**||



Account Balances - 002 - Edge Venue Date Range: Jan 01, 2020 to Dec 31, 2020 

Created on Nov 11, 2021 

Page 2 / 2 



## Profit and Loss 


## **001 - Edge Productions** 

Date Range: Jan 01, 2020 to Dec 31, 2020 

|**ACCOUNTS**|**Jan 01, 2020**<br>**to Dec 31, 2020**|
|---|---|
|**Income**||
|Bar Sales|£109.00|
|Drama Club Income|£564.02|
|Event - Brush|£870.00|
|Event - Brush 2|£110.00|
|Grants|£2,500.00|
|Investments – Interest|£0.84|
|Membership Fees|£260.00|
|**Total Income**|**£4,413.86**|



|**Cost of Goods Sold**||
|---|---|
|Bar Stock|£161.75|
|Event - Brush Party|£600.00|
|Event - Race Night|£117.99|
|Pantomime Costumes|£35.90|
|Pantomime License|£106.20|
|Pantomime Scripts|£45.00|
|**Total Cost of Goods Sold**|**£1,066.84**|



Profit and Loss - 001 - Edge Productions Date Range: Jan 01, 2020 to Dec 31, 2020 

Created on Jan 01, 2021 

Page 1 / 2 



**Gross Profit As a percentage of Total Income** 

**£3,347.02 75.83%** 

|**Operating Expenses**||
|---|---|
|Accounting Fees|£60.00|
|Bar License|£180.00|
|Office Supplies|£136.76|
|Rent Expense|£2,595.00|
|iZettle Fees|£1.56|
|**Total Operating Expenses**|**£2,973.32**|
|||
|**Net Profit**|**£373.70**|
|**As a percentage of Total Income**|**8.47%**|



Profit and Loss - 001 - Edge Productions Date Range: Jan 01, 2020 to Dec 31, 2020 

Created on Jan 01, 2021 

Page 2 / 2 



## Profit and Loss 


## **002 - Edge Venue** 

Date Range: Jan 01, 2020 to Dec 31, 2020 

|**ACCOUNTS**|**Jan 01, 2020**<br>**to Dec 31, 2020**|
|---|---|
|**Income**||
|Grants|£7,500.00|
|Investments – Interest|£0.46|
|Other Income|£70.00|
|Rental Casual|£6,493.75|
|Rental Contract|£16,065.00|
|**Total Income**|**£30,129.21**|
|||
|**Total Cost of Goods Sold**|**£0.00**|
|||
|**Gross Profit**|**£30,129.21**|
|**As a percentage of Total Income**|**100.00%**|
|||
|**Operating Expenses**||
|Accounting Fees|£260.00|
|Building Repairs & Maintenance|£12,067.94|
|Cleaning Contract Services|£3,900.00|
|Cleaning Supplies|£437.10|
|Insurance – Property|£3,246.03|
|Operating Administration|£1,585.20|
|Utilities - Boiler Insurance|£1,579.53|
|Utilities - Electric|£2,975.19|



Profit and Loss - 002 - Edge Venue Date Range: Jan 01, 2020 to Dec 31, 2020 

Created on Nov 11, 2021 Page 1 / 2 



**Operating Expenses** 

|Utilities - Gas|£2,450.16|
|---|---|
|Utilities - Waste|£570.06|
|Utilities - Water|£317.84|
|**Total Operating Expenses**|**£29,389.05**|
|||
|**Net Profit**|**£740.16**|
|**As a percentage of Total Income**|**2.46%**|



Profit and Loss - 002 - Edge Venue Date Range: Jan 01, 2020 to Dec 31, 2020 

Created on Nov 11, 2021 

Page 2 / 2