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 Producbons
On accounts for the year
ended
31 Dernber 2022
Charlty no
(rf any)
1053094
S•t out on pago8
3to12
I report to the trustees on my examination of the accounts of Ihe above
chanty {Ihe Trusf) for the year ended
RMpon$lbllltlas and As the charty trustees of the Trust, you are responsible for the preparatlon
basis ol report of the accounts in accordance wtlh the requirements of the Charrties Act
2011 (Ihe Acr).
I report In respect of my examination of the Tru8t'8 accounts carried OLrt
under section 145 of the 2011 Act and in carrying OLrt my examination, I
have followed the applicable Diredion8 given by the Charty Commission
under Section 145{5)(b) of the Act.
I hav8 completod my examinats'on. I confim that no material matters have
come to my attention (other than that disclosed below ") in connection with
the examination whlth give8 me ¢au8e to believe that in, any material
respect:
a¢countiThJ records were not kept in accordance with 8edion 130 of
the Act or
the accourrts do nol accord with the accounting record8
Independent
examin•r'8 Statsment
I have no concerns arKI have come acm&8 no other matters in connection
wrth the examination to which attenlion should be drawn in order to enable
proper understanding of the accounts to be reached.
' Please delete the Myds in the brnckets rfthey do not apply.
Slgn•d:
5 March 2024
Jacques Gholam
R•lovant prof•sslonal
quallficatlonlsl or body
(rf any):
nla. Accountant wth over 20 years audrt experience and thity five years
runniNJ own prndice.
Addms:
3 Bevan Hill Chesham Buckinghamshire HP5 2QS
IER
October 2018
Section B
Disclosure
Only complete rf the examiner needs to highlight matters of concern (see CC32,
Independent examination of chanty accounts.. directions and guidanc8 for
examiners).
Glve here brlef details of
any items that the
oxamlner wlshe8 to
disclose.
IER
October 2018
2022
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Edge Productions
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FULL YEAR ACCOUNTS 2022
REGISTERED CHARITY UK 1053094
## **Edge Productions**
Registered Charity UK 1053094 Annual Accounts 1 January 2022 to 31 December 2022
## **Financial Summary**
|**Full Year 2022**||||
|---|---|---|---|
||**Edge Productions**|**Edge Venue**|**Group Total**|
|**Assets**||||
|Bank Account|4,044.65|7,178.99|11,223.64|
|Savings Account|12,057.67|15,048.36|27,106.03|
|Cash In Hand|200.00|-||
|Accounts Receivable|-|
175.00|175.00|
|**Total Assets**|**16,302.32**|**22,402.35**|**38,704.67**|
|||||
|**Liabilities**||||
|Accounts Payable|242.15|656.01|898.16|
|Customer Deposits|-|
776.00|776.00|
|**Total Liabilities**|**242.15**|**1,432.01**|**1,674.16**|
|||||
|**Profit and Loss**||||
|Gross Revenue|11,566.15|29,974.16|41,540.31|
|Cost of Sales|6,368.76|-|
6,368.76|
|Operational Costs|797.77|23,525.87|24,323.64|
|**Total Profit**|**4,399.62**|**6,448.29**|**10,847.91**|
## **Treasurers Report**
2022 saw a return to pre pandemic business from a revenue perspective, the building running cost have increased significantly especially fuel costs however the charity is still able to maintain healthy funds sand we have maintained our hire costs for the benefit of our community users.
Edge Productions were able to stage two shows, a summer cabaret, and our traditional pantomime in December, both events were well attended by the local community and audience figures are growing.
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 Balance Sheet on 31 December 2022 Edge Productions Profit and Loss Full year 2022 Edge Venue Balance Sheet on 31 December 2022 Edge Venue Profit and Loss Full year 2022
## Balance Sheet
## **Edge Productions**
As of Dec 31, 2022
|**ACCOUNTS**|**Dec 31, 2022**|
|---|---|
|**Assets**||
|**Cash and Bank**||
|CAF Cash Account|£4,044.65|
|CAF Gold Account|£12,057.67|
|Cash on Hand|£200.00|
|**Total Cash and Bank**|**£16,302.32**|
|**Other Current Assets**||
|**Total Other Current Assets**|**£0.00**|
|**Long-term Assets**||
|**Total Long-term Assets**|**£0.00**|
|**Total Assets**|**£16,302.32**|
|||
|**Liabilities**||
|**Current Liabilities**||
|Accounts Payable|£242.15|
|**Total Current Liabilities**|**£242.15**|
|**Long-term Liabilities**||
|**Total Long-term Liabilities**|**£0.00**|
|**Total Liabilities**|**£242.15**|
Balance Sheet - Edge Productions As of Dec 31, 2022
Created on Feb 28, 2024
Page 1 / 2
|**Equity**||
|---|---|
|**Retained Earnings**||
|Profit for all prior years|£11,660.55|
|Profit between Jan 1, 2022 and Dec 31, 2022|£4,399.62|
|**Total Retained Earnings**|**£16,060.17**|
|**Total Equity**|**£16,060.17**|
Balance Sheet - Edge Productions As of Dec 31, 2022
Created on Feb 28, 2024
Page 2 / 2
## Profit and Loss
## **Edge Productions**
Date Range: Jan 01, 2022 to Dec 31, 2022
|**ACCOUNTS**|**Jan 01, 2022**
**to Dec 31, 2022**|
|---|---|
|**Income**||
|Bar Sales|£5,807.11|
|Donations (eligiable for Gift Aid)|£8.19|
|Drama Club Income|£319.71|
|Event - Summer Fair Sales|£41.50|
|Investments – Interest|£28.36|
|Membership Fees|£200.00|
|Pantomime Merchandise Sales|£46.00|
|Pantomime Raffle Sales|£91.00|
|Pantomime Show Fee|£120.00|
|Pantomime Ticket Sales|£3,475.28|
|Summer Show Ticket Sales|£1,429.00|
|**Total Income**|**£11,566.15**|
|**Cost of Goods Sold**||
|---|---|
|Bar Stock|£3,314.03|
|Event - Summer Fair|£170.09|
|Pantomime Costumes|£65.35|
|Pantomime License|£315.00|
|Pantomime Lighting|£260.39|
|Pantomime Marketing|£175.35|
|Pantomime Merchandising Expense|£148.79|
Profit and Loss - Edge Productions Date Range: Jan 01, 2022 to Dec 31, 2022
Created on Feb 28, 2024 Page 1 / 2
## **Cost of Goods Sold**
|Pantomime Set Costs|£441.45|
|---|---|
|Pantomime Sound|£600.00|
|Summer Show - Marketing|£192.65|
|Summer Show - Props|£175.20|
|Summer Show - Sound|£510.46|
|**Total Cost of Goods Sold**|**£6,368.76**|
|||
|**Gross Profit**|**£5,197.39**|
|**As a percentage of Total Income**|**44.94%**|
|||
|**Operating Expenses**||
|Bank Charges|£81.00|
|Bar License|£180.00|
|Credit Card Fees|£15.09|
|Operating Expense - Computer|£102.90|
|Operating Expenses|£418.78|
|**Total Operating Expenses**|**£797.77**|
|||
|**Net Profit**|**£4,399.62**|
|**As a percentage of Total Income**|**38.04%**|
Profit and Loss - Edge Productions Date Range: Jan 01, 2022 to Dec 31, 2022
Created on Feb 28, 2024
Page 2 / 2
## Balance Sheet
## **Edge Venue**
As of Dec 31, 2022
|**ACCOUNTS**|**Dec 31, 2022**|
|---|---|
|**Assets**||
|**Cash and Bank**||
|001 - Edge Venue Current|£7,178.99|
|002 - Edge Venue Gold|£15,048.36|
|**Total Cash and Bank**|**£22,227.35**|
|**Other Current Assets**||
|Accounts Receivable|£175.00|
|**Total Other Current Assets**|**£175.00**|
|**Long-term Assets**||
|**Total Long-term Assets**|**£0.00**|
|**Total Assets**|**£22,402.35**|
|||
|**Liabilities**||
|**Current Liabilities**||
|Accounts Payable|£656.01|
|Customer Deposits|£776.00|
|**Total Current Liabilities**|**£1,432.01**|
|**Long-term Liabilities**||
|**Total Long-term Liabilities**|**£0.00**|
|**Total Liabilities**|**£1,432.01**|
Balance Sheet - Edge Venue As of Dec 31, 2022
Created on Feb 28, 2024
Page 1 / 2
|**Equity**||
|---|---|
|**Retained Earnings**||
|Profit for all prior years|£14,522.05|
|Profit between Jan 1, 2022 and Dec 31, 2022|£6,448.29|
|**Total Retained Earnings**|**£20,970.34**|
|**Total Equity**|**£20,970.34**|
Balance Sheet - Edge Venue As of Dec 31, 2022
Created on Feb 28, 2024
Page 2 / 2
## Profit and Loss
## **Edge Venue**
Date Range: Jan 01, 2022 to Dec 31, 2022
|**ACCOUNTS**|**Jan 01, 2022**
**to Dec 31, 2022**|
|---|---|
|**Income**||
|Investments – Interest|£58.16|
|Other Income|£700.00|
|Rental Casual|£10,856.00|
|Rental Contract|£18,360.00|
|**Total Income**|**£29,974.16**|
|||
|**Total Cost of Goods Sold**|**£0.00**|
|||
|**Gross Profit**|**£29,974.16**|
|**As a percentage of Total Income**|**100.00%**|
|||
|**Operating Expenses**||
|Accounting Fees|£200.00|
|Bank Charges|£81.00|
|Building Repairs & Maintenance|£6,731.27|
|Cleaning Contract Services|£3,600.00|
|Cleaning Supplies|£289.64|
|Insurance|£3,567.16|
|Operating Expense - Computer Costs|£164.10|
|Operating Expense - Licenses|£159.00|
|Operating Expense - Telephone|£180.00|
Profit and Loss - Edge Venue Date Range: Jan 01, 2022 to Dec 31, 2022
Created on Feb 28, 2024 Page 1 / 2
## **Operating Expenses**
|Operating Expenses|£262.30|
|---|---|
|Utilities - Boiler Insurance|£771.77|
|Utilities - Electric|£2,798.10|
|Utilities - Gas|£2,345.19|
|Utilities - Rates|£284.32|
|Utilities - Waste|£716.22|
|Utilities - Water|£1,375.80|
|**Total Operating Expenses**|**£23,525.87**|
|||
|**Net Profit**|**£6,448.29**|
|**As a percentage of Total Income**|**21.51%**|
Profit and Loss - Edge Venue Date Range: Jan 01, 2022 to Dec 31, 2022
Created on Feb 28, 2024
Page 2 / 2