CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the tnMtse81 members of Edge Products'ons On accounts for thè year ended 31 December 2021 Charlty no (If any) 1053094 Set out on pag•s 3to12 I report to the trustees on my examination ol the accounts of the above charity (Ihe Trust.) for the year ended Re•pon8lbllltlos and As th8 charity trustees of the Trust, you are responsible for the preparation basls of report of the accounts in accordancè wrth the requirements of the Charities Act 2011 {Ihe W. I report In respect of my examination of the Twst's accounts carried out under section 145 of the 2011 Act arKI in carrying out my examination. I have followed the applicable Directions given by the Charrty Commi88ion under seclion 145{5)(b) of the Act. I have completed my examinats'on. I confirni thal no material matters have come to my atterrtion (Other than that disclosed b8low') in connedion with the examination which gives me cause to believe that in. any matenal re8pect.' accounting records were not kept in accordanc8 wrth 8ection 130 of the Act or the accounts do not accord wth the accountiNJ records Indopondent examlnevs statem•nt I have no concerns and have cKJme across no other matters in connection with the examination to which attention Should be drawn in order to enable proper understanding of the accounts to be reacW. ' Please delete the ¥￿)rdS in the brackets rfthey do not apply. slgned: Dat•: 30 September 2022 Nam•: Jaques Gholam Relevant profa8slonal quallficatlon(s) or body (If any): a. Accountant with over 20 years audit experience and thity five years running own practice. Addres•: 3 Bevan Hill Chesham Bu￿nghaMshIre HP5 2QS IER October 2018 Section B Disclosure Only complete rf the examiner needs to highlight matters of concem {see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give hern brlof detslls of any items that the xaminer wishe$ to dlsclose. IER October 2018 2021 **----- Start of picture text -----**
Edge Productions
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FULL YEAR ACCOUNTS 2021 REGISTERED CHARITY UK 1053094 ## **Edge Productions** Registered Charity UK 1053094 Annual Accounts 1 January 2021 to 31 December 2021 ## **Financial Summary** |**Full Year 2021**|||| |---|---|---|---| ||**Edge Productions**|**Edge Venue**|**Group Total**| |**Assets**|||| |Bank Account|10,530.65|14,150.80|24,681.45| |Savings Account|1,035.40|592.25|1,627.65| |Cash In Hand|200.00|-|| |Accounts Receivable|-|
249.00|249.00| |**Total Assets**|**11,766.05**|**14,992.05**|**26,558.10**| ||||| |**Liabilities**|||| |Accounts Payable|105.50|200.00|305.50| |Customer Deposits|-|270.00|270.00| |**Total Liabilities**|**105.50**|**470.00**|**575.50**| ||||| |**Profit and Loss**|||| |Gross Revenue|7,643.44|28,466.79|36,111.23| |Cost of Sales|4,253.22|-|4,253.22| |Operational Costs|711.42|19,259.68|19,971.10| |**Total Profit**|**2,678.80**|**9,208.11**|**11,886.91**| ||||| ## **Treasurers Report** 2021 saw a continued shortfall in revenues due to the on-going Covid pandemic; however, the cost reduction programme implemented last year has continued to provide long term benefit, the easing of restrictions has allowed the charity to return to full operations for the last half of the year Edge Productions held a relaunch event, a family fun day which was very well attended by the local community and introduced the newly refurbished venue as well as many of the activities that are available at the venue. In December the charity returned to the stage with their annual pantomime, also very well attended and returning a small profit. The Edge Venue was also available to return to normal operations with many of our casual hirers returning and providing a wealth of activities for the local community. Craig Howard **Treasurer Edge Productions.** Encl. Edge Productions Account Balances on 31 December 2021 Edge Productions Profit and Loss Full year 2021 Edge Venue Account Balances on 31 December 2021 Edge Venue Profit and Loss Full year 2021 ## Balance Sheet ## **Edge Productions** As of Dec 31, 2021 |**ACCOUNTS**|**Dec 31, 2021**| |---|---| |**Assets**|| |**Cash and Bank**|| |CAF Cash Account|£10,530.65| |CAF Gold Account|£1,035.40| |Cash on Hand|£200.00| |**Total Cash and Bank**|**£11,766.05**| |**Other Current Assets**|| |**Total Other Current Assets**|**£0.00**| |**Long-term Assets**|| |**Total Long-term Assets**|**£0.00**| |**Total Assets**|**£11,766.05**| ||| |**Liabilities**|| |**Current Liabilities**|| |Accounts Payable|£105.50| |**Total Current Liabilities**|**£105.50**| |**Long-term Liabilities**|| |**Total Long-term Liabilities**|**£0.00**| |**Total Liabilities**|**£105.50**| Balance Sheet - Edge Productions As of Dec 31, 2021 Created on Sep 30, 2022 Page 1 / 2 |**Equity**|| |---|---| |**Retained Earnings**|| |Profit for all prior years|£8,981.75| |Profit between Jan 1, 2021 and Dec 31, 2021|£2,678.80| |**Total Retained Earnings**|**£11,660.55**| |**Total Equity**|**£11,660.55**| Balance Sheet - Edge Productions As of Dec 31, 2021 Created on Sep 30, 2022 Page 2 / 2 ## Profit and Loss ## **Edge Productions** Date Range: Jan 01, 2021 to Dec 31, 2021 |**ACCOUNTS**|**Jan 01, 2021**
**to Dec 31, 2021**| |---|---| |**Income**|| |Bar Sales|£3,166.40| |Drama Club Income|£65.00| |Event - Summer Fair Sales|£552.67| |Investments – Interest|£0.12| |Membership Fees|£335.00| |Pantomime Merchandise Sales|£120.00| |Pantomime Programme Sales|£60.00| |Pantomime Raffle Sales|£210.00| |Pantomime Show Fee|£225.00| |Pantomime Ticket Sales|£2,909.25| |**Total Income**|**£7,643.44**| ||| |**Cost of Goods Sold**|| |Bar Stock|£1,670.32| |Cast Merchandise Expense|£119.99| |Event - Summer Fair|£115.00| |Pantomime Costumes|£124.00| |Pantomime License|£275.00| |Pantomime Lighting|£358.40| |Pantomime Marketing|£169.32| |Pantomime Merchandising Expense|£95.87| Profit and Loss - Edge Productions Date Range: Jan 01, 2021 to Dec 31, 2021 Created on Sep 30, 2022 Page 1 / 2 ## **Cost of Goods Sold** |Pantomime Programmes|£132.59| |---|---| |Pantomime Set Costs|£592.73| |Pantomime Sound|£600.00| |**Total Cost of Goods Sold**|**£4,253.22**| ||| |**Gross Profit**|**£3,390.22**| |**As a percentage of Total Income**|**44.35%**| ||| |**Operating Expenses**|| |Bank Charges|£96.00| |Bar License|£180.00| |Operating Expenses|£277.40| |Travel Expense|£158.02| |**Total Operating Expenses**|**£711.42**| ||| |**Net Profit**|**£2,678.80**| |**As a percentage of Total Income**|**35.05%**| Profit and Loss - Edge Productions Date Range: Jan 01, 2021 to Dec 31, 2021 Created on Sep 30, 2022 Page 2 / 2 ## Balance Sheet ## **Edge Venue** As of Dec 31, 2021 |**ACCOUNTS**|**Dec 31, 2021**| |---|---| |**Assets**|| |**Cash and Bank**|| |001 - Edge Venue Current|£14,150.80| |002 - Edge Venue Gold|£592.25| |**Total Cash and Bank**|**£14,743.05**| |**Other Current Assets**|| |Accounts Receivable|£249.00| |**Total Other Current Assets**|**£249.00**| |**Long-term Assets**|| |**Total Long-term Assets**|**£0.00**| |**Total Assets**|**£14,992.05**| ||| |**Liabilities**|| |**Current Liabilities**|| |Accounts Payable|£200.00| |Customer Deposits|£270.00| |**Total Current Liabilities**|**£470.00**| |**Long-term Liabilities**|| |**Total Long-term Liabilities**|**£0.00**| |**Total Liabilities**|**£470.00**| Balance Sheet - Edge Venue As of Dec 31, 2021 Created on Sep 30, 2022 Page 1 / 2 |**Equity**|| |---|---| |**Retained Earnings**|| |Profit for all prior years|£5,313.94| |Profit between Jan 1, 2021 and Dec 31, 2021|£9,208.11| |**Total Retained Earnings**|**£14,522.05**| |**Total Equity**|**£14,522.05**| Balance Sheet - Edge Venue As of Dec 31, 2021 Created on Sep 30, 2022 Page 2 / 2 ## Profit and Loss ## **Edge Venue** Date Range: Jan 01, 2021 to Dec 31, 2021 |**ACCOUNTS**|**Jan 01, 2021**
**to Dec 31, 2021**| |---|---| |**Income**|| |Investments – Interest|£0.04| |Other Income|£100.00| |Rental Casual|£10,407.75| |Rental Contract|£17,960.00| |**Total Income**|**£28,467.79**| ||| |**Total Cost of Goods Sold**|**£0.00**| ||| |**Gross Profit**|**£28,467.79**| |**As a percentage of Total Income**|**100.00%**| ||| |**Operating Expenses**|| |Accounting Fees|£200.00| |Bank Charges|£96.00| |Building Repairs & Maintenance|£3,875.01| |Cleaning Contract Services|£3,600.00| |Cleaning Supplies|£172.65| |Insurance|£3,315.18| |Operating Administration|£851.80| |Utilities - Boiler Insurance|£2,256.11| |Utilities - Electric|£1,586.79| Profit and Loss - Edge Venue Date Range: Jan 01, 2021 to Dec 31, 2021 Created on Sep 30, 2022 Page 1 / 2 **Operating Expenses** |Utilities - Gas|£2,145.67| |---|---| |Utilities - Rates|£126.76| |Utilities - Waste|£699.84| |Utilities - Water|£333.87| |**Total Operating Expenses**|**£19,259.68**| ||| |**Net Profit**|**£9,208.11**| |**As a percentage of Total Income**|**32.35%**| Profit and Loss - Edge Venue Date Range: Jan 01, 2021 to Dec 31, 2021 Created on Sep 30, 2022 Page 2 / 2