|||||Pngc| |---|---|---|---|---| |Report ofthe Trustees||||1 to 7| |Report ofthc independent|Auditers|||0to 10| |Consolidetml
Statcmcnt|ofFinancial|Activhies||| |Consolidated
Balance Sheet||||12| |Charity Balance Sheet||||13| |Statement ofCashllows|and Consolidated||Cashllotes|14| |Notes to the Financial Statements||||15to 20| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Ilnrestricted|Fends|Rest 'cted|Funds|Total Panda|Total Panda| |---|---|---|---|---|---|---|---| ||||As||As||As| ||||restated||restated||restated| ||Note|31/Ie/23|31/03/22|31/03/23|3I/03/22|31/03/23|31/03/22| ||||f.|||8|8| |Income fram:|||||||| |Damstions
sud Icgames||I51,429|280,707|134,246|432,275|285,675|712,982| |Charitable
activiues||594,292|334,819|188,452||782,744|334,819| |Other trading activities||244,563|173,818|||244 563|173818| |Invcsancnts||319|39|||319|39| |Other income||60,352|66.453|||60352|66,453| |Total incoming resources||1 050955|855
6|322 698|432 75|1 7 653|I 28Sill| |Expenditure
an:|||||||| |Raising
I'unde|6|(222.560)|(186,919)|||(222,560)|(186,919)| |Charitable
scttvities:|7||||||| |Theatre
sud Ciumua||(784,630)|(262,961)|(44,117)|(254,549)|(828,747)|(517,510)| |Education
aud Youth||316.951|264,990|248 8IS|80,984|565,766|345 974| |Tonal expenditure||1 24141|14870|292932|335533|I617073|I 050403| |Net income/(expenditure)||(273,186)|140,966|29,766|96,742|(243,420)|237s70g| |Ttmsfers between
funds|17|279,109|130,082|(279,109)|(130,082)||| |Net movesneat
in foads||5,923|271,048|(249~3)|(33440)|(243,420)|237,708| |Reeonelliatlon
offunds|||||||| |Tola\ funds brought|||||||| |forward||550403|279355|673912|707252|I 224 315|986607| |Total funds carried forward||55
326|550403|424569|673912|9
895|1224 15| ## |||Unrestricted|Funds|Restricted|Funds|Total|Funds| |---|---|---|---|---|---|---|---| |||31/03/23|31/03/22|31/03/23|31/03/22|31/03/23|31/03/22| ||||As||As||As| ||Nate||restated||restated||restated| ||||5|||8|| |FIXEDASSETS|||||||| |Tangible assets||587 I73|327 680|||587 173|327 680| |Total Fired Assets|13|5$7,173|327&6$0|||587,173|327,680| |CURRENT ASSETS|||||||| |Stock|19|5&I12|4&325|||5,ll2|4,325| |Debtom
Cash and cash equivalents|14|230,053|420,459|200,774
2272IS|459,473
22l 022|430,827
879,932
227218221022|| |Total Current
Assets||235&165|424&784|427&992|680495|663&157|1&105&279| |LIABILITIES|||||||| |Creditors falling due within one|||||||| |year|15|266,012|202 061|3423|6 583|269,435|208,644| |Net current assets/(liabilities)||(30,847)|222,723|424,569|673&912|393,722|896,635| |Total net assets/(liabilities)||556 326|550 403|424 569|673 912|9$0 895|I 224,315| |FUNDS|||||||| |Restricted funds|17|||424,$69|673,912|424,569|673,912| |Vnrestricted
funds|17|556 326|550403|||556 26|550403| |TOTALI&'UNDS||556 326|550 03|424 569|673912|980$95|I 224 315| ## ||||Unrestricted|Fuuds|Restricted|Funds|Total Funds|Total Funds| |---|---|---|---|---|---|---|---|---| ||||31/03/23|31/03/22|31/03/23|31/03/22|31/03/23|3I/03/22| |||||As||As||As| |||Note||restated||restated||restated| ||||g||g|g|f|| |FIXED|ASSETS|||||||| |Tangible|assets||575 180|316514|||575 180|316514| |Total Fired Assets||13|575,180|316414|||575,1&0|316,514| |CURRENT ASSETS||||||||| |Debtors||14|297,693|445,117|211,602|461,807|509,295|906,924| |Cash and|cash equivalents||||216 390|218688|216 390|218688| |Total Current Assets|||297,693|445,117|427,992|680,495|725)685|1,125,612| |LIABILITIES||||||||| |Creditom|falling due within one year|15|250 855|176211|3423|6583|254 278|182794| |Net current assets/l)iabilities)|||46,838|268,906|424,569|673,912|471,407|942,818| |Total net|assets/(liablBties)||622,018|585,420|424,569|673,912|1&046,587|1,259,332| |FUNDS||||||||| |Restricted|funds|17|||424,569|673,912|424,569|673,912| |Unrestricted
funds|||622 018|585420|||622 018|585 420| |TOTALFUNDS|||622018|585420|424
69|673912|1046587
onions|I 59332| ## ||||||Group|||Charity|| |---|---|---|---|---|---|---|---|---|---| ||||||31/3/23|31/3/22||31/3/23|31/3/22| ||||||||As||As| |||||||restated|||rcsmtcd| |||||||f.|||8| |CashRuws
from operating|activities:||||||||| |Cash gcncrstcd from opcrtmons||[Note||21)|302,259|40,069||289,8]I|40,201| |Interest paid|||||~1548|~1318||~I54|~70| |Net cash provided
by/(used|in)||operating||300,711|38,751||288,263|39,411| |activities|||||||||| |Cashflows
froen investing|activities:||||||||| |Purchase ot'tangible tixcd assets|||||(294.834)|(141,954)||(290,880)|(141,954)| |Proceeds from the sale oftangible|||tixed assets||||||| |Interest income|||||319||39|~I|+3| |Net cash provided
by/(used|in) investing||||(294,515)|(141,915)||(290,561)|(14],915)| |activities|||||||||| |Cashgows
fram ttnanetng|activities||||||||| |Change in cash and cash equivalents||||iu thc||||(22)|~04| |reporting period|||||||||| |Cash and cash equivalents|at the||begmning of||221,022|324,|186|218,688|321,192| |the reporting period|||||||||| |Total cash nnd cash equlvalenls|||at|the end of|||||| |tbe reporting
period|||||||||| ## ## ## ## ## ## ## ## ## |Individual
fixed assets costing f1,|Individual
fixed assets costing f1,|Individual
fixed assets costing f1,|000or more are capi talisad at cosa|000or more are capi talisad at cosa|000or more are capi talisad at cosa|| |---|---|---|---|---|---|---| |Tangible assets other riian freeltold
to write offthe cost less es(imated|||are stated atcost less depreciation.
Depreciation
isprovided
residual
value ofeach asset over its expected useful li&, as|||at rates calculated
follows| |Leasehold|improvements|(Charity)||Over the period ofthe lease||| |Leasehold|improvements|(Subsidiary)||Stmight line over 5 years and 25 years||| |Plant &equipment||||Straight linc over 5years aed 10yearn||| |Furniture|&Fittings|||Straight line aver 7years||| |Technical|assets|||Straight line over 5years and 10years||| |Cinema||||Straight
line over 10years||| |Computer|equipmeni|||Straight line over 5 years||| ## ## ## ## ## ## ## ## ## ||||Ltnrestr(cted
Funds|Ltnrestr(cted
Funds||Restricted|Fends|Fends|Total Funds|Total Funds| |---|---|---|---|---|---|---|---|---|---|---| |||3t/03/2023
31/03/2022||||31/03/2023|31/03/2022||31/03/2023|3(/03/2022| ||||E||||E|||f| |Donauons|||151,429|42,616|||||151,429|42,616| |Grants||||238|091|134246||432275|134 46|670366| |Total|||151,429|280|707|134246||432 275|285 75|712982| |3.|INCOME FROM TRADING ACTIVITIES|||||||||| ||||I/nreslrlcted||Funds|Res(r(a(ed||Fmds|Total|Funds| ||||3I/03/2023|31/03/2022||31/03/2023||31/03/2022|31/03/2023|31/03/2022| |||||E|||E|||E| |Cafd,|bar and car park||196,124||147,2$9||||196,124|147,289| |Sponsorships|||45,560||26,529||||45,560|26,529| |Fundrsising||events|396||||||396|| |Hire|income||2,483||||||2483|| |Total|||244563||173 20||||563|173$1$| ## ## |||Uarestrtcurd|Funds|Restricted|Funds|Total|Fuads| |---|---|---|---|---|---|---|---| |||31/03/1023|31/03/1022|31/03/2023|31/03/2022|31/03/2023|31/03/2022| ||||||||6| |Interest|rccewsblc|319|39|||319|39| |Total||3t9|39|||319|39| ## ||Unrestricted||Funds|Restricted|Fonda|Total Funds|| |---|---|---|---|---|---|---|---| ||31/03/2013||31/83/1022|31/03/2023|31/03/2022|31/03/2023|31/03/2022| |||I|||I|I|| |Theatre aud|||||||| |Cinema|419,547||215,815|||419,541|215,815| |Education st|||||||| |Youth|I74,745||119004|188,452||363 197|I I9,004| |Total|594 292||334819|188 52||782744|334819| ## ||Direct|costs|Support costs|(Note 9)|Total Funds|Total Funds|Total Funds| |---|---|---|---|---|---|---|---| ||31/03/2013|31/03/2022||31/03/2022|||31/03/2022| |||As|3I/03/2023|As|31/03/2023||As| |||restated||restated|||restated| ||||||||f.| |Unrestricted|||||||| |fonda|||||||| |Trading cost|186,079|133,799|||186,079||133,799| |Fundrsis in8|19319|19729|17 162|33391|36|481|53 120| |Total|205 98|153528|17162|33391|222|60|186919| ## ## |||Direst seats|Direst seats|(Note 8)||Support|casts|(Note 9)|||Total|Total||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||31/03/2023||31/03/2022||31/03/2023||31/03/2022||31/03/2023|||31/03/2022|| ||||||As||||As|||||As| |||||restated||||restated|||||restated|| |||||f||||I|||||I|| |Uaresiricted
funds||||||||||||||| |Theatre aud Cinema|||472,997|62,614||311,633||200,348||784,63D|||262,962|| |Education
dr Youth|||112.198|116.944||204.753||148,D45||316,951|||264,989|| |Total unrestricted||||||||||||||| |fuode|||585,195|179/58||51+86||348/93||1,181,581|||527,951|| |Restricted funds||||||||||||||| |Theatre and Cinema|||44,117|254,549||||||44,117|||254,549|| |Education
dr Youth|||248 815|80|984|||||248||815|80984|| |Total restricted||||||||||||||| |funds|||292 932|335|533|||||292||932|335|3| ||||878127|515|091|51|86|348|93|1394 23|||863 484|| |8.
ANALYSIS|OF|DIRECT COSTS||||||||||||| |||||||||||Total|Funds|||| |||||||||||||31/03/2022||| |||||||||||31/D3/2823||As restated||| |||||||||||5|||f|| |Wages and salaries||||||||||267,052|||194,636|| |Production
snd perfarmaoce|||casts|||||||225,208|||115,171|| |Project and workshop||costs||||||||194,182|||68,D59|| |Cinema casts||||||||||21,768|||10,999|| |Suhscripiians
snd|iicenccs|||||||||2,996|||1,315|| |Christmas
show casts||||||||||91,966|||70,554|| |Other production|casts|||||||||L368|||2,784|| |Technical casts||||||||||27,963|||12,303|| |Backing system costs||||||||||19,841|||11,647|| |Other direct casts|||||||||||||660|| |Marketing
costs||||||||||7,082|||11,992|| |Dcprccia(ion||||||||||17451|||14971|| |Total||||||||||878 127|||515091|| ## ## ||||||Total|Funds| |---|---|---|---|---|---|---| |||||||3I/03/2022| ||||||31/03/2023|As restated| |||||||E| |Wages and salaries|||||207,432|200,597| |Rent and rates|||||23,438|i4,178| |Lightsndheat|||||222J6I|19,D14| |Repairs
and maintenance|||||25,791|12,435| |Cleaning costs|||||4,105|5,781| |l&iarkeling|||||84,692|16,760| |Volunteer costs|||||1,093|611| |Insurance|||||I8,489|14,696| |Printing,
postage and||stationery|||6,060|5,058| |Other staff costs|||||1,061|7,360| |Telcphonc|||||12,015|8,303| |Travel costs|||||205|550| |Computer
costs|||||5,149|6,522| |Subscriptioos|||||280|457| |Accountancy|||||8,470|| |Depreciation|||||14,763|11,9D2| |irrecoverable
VAT|||||69482|33,478| |Bank charges|||||1,767|1,537| |Credit card charges|||||97789|10,088| |Governance
costs:||||||| |Auditors'|rcmuneratiou||||11,450|5,990| |Consultancy||casts|||4343|3,509| |Legal and|professional|||fees|I,DLS|2,958| |Total|||||533548|381 784| |Support costs allocated||beta&een,||||| |Expenditure
on raising funds (I/ote 6)|||||17,162|33,39]| |Expcnditurc
on charitable|||activities (Note 7)||516386|348,393| |Total|||||53354S|381 784| ## ## ## ## ||The average monthly|The average monthly|The average monthly|The average monthly|number|oi'employees|oi'employees|during|thc year was as follows:||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||31/3/23||31/3/22|| ||Theatre||||||||||5||3| ||Education|dt Youth|||||||||4||4| ||Commercial||trading|operations|||||||13||14| ||Administration,
mpport||||and premises||||||9||7| ||||||||||||31||28| |||||||||||31/3/23||31/3/22|| |||||||||||8||f|| ||Wages and||salaries|||||||531,586||456,|193| ||Employer's
Employer's||national
pension|insurance
contributions
contributioas||||||33,580
~)t 597||28,310
~10367|| |||||||||||~57|763|4~94870|| ||No employees
received emoluments||||||iu excess off60,000.||||||| |12.|NKT INCOME/(EXPENDITURE)||||||||||||| |||||31/3/23|31/3/22| |---|---|---|---|---|---| |||||g|8| |Net income/(expenditure)|||is stated athv charging:||| |Auditom'|remuneration|for audit services||12,000|6350| |Depreciation||||35,229|29,356| |Rent paid|under operating||leases|12,000|12,000| ## ||||Leasehold||Plant th| |---|---|---|---|---|---| ||||improvements|Cinema|equipment| |COST|||||| |At I April 2022|||325,566|34,00S|124,998| |Additions
Uisposala|||267,32D|2,050|7,881
~565| |A131 March 2023|||~592 886|36,058|~I32 314| |DEPRECIATION|||||| |At
I April 2022|||119,489|34,008|85,913| |Charge for year|||6,D32|103|8,63D| |Elitninated
on disposal|||||~453| |At 31 March 2023|||~125521|~34 II I|~94090| |NKT BOOK VALUE|||||| |At 31 Mamh 2023|||~4i7
65|~3947|38 24| |At 31 March 2022|||~206077||~39 085| ||Furniture|th|Computer|Technical|| ||listings
8||equlpmeat|assets
8|Totals
8| |COST|||||| |At I April 2022|48,858||16,948|238,166|788,544| |Additions
Disposala|||1,625|15,958|294.834
~565| |At 31 hlsrch 2023|~48|85S|~18573|~254 124|~1082813| |DEPRECIATION|||||| |At I April 2022|41,716||11,323|168,415|460,864| |Charge for year
Eliminated
an disposal|1,160||1,956|17,348|35329
~453| |At 31 March 2023|42,876||13,279|185,763|495,640| |NET BOOK VALUE
At 31 March 2023|~982||~594|6II36I|~587 173| |At 31 Marrh 2022|7|142|5 625|69,751|327680| ## |||Leasehold||Plant dr| |---|---|---|---|---| ||improvements||Cinema
f|equipment| |COST||||| |Atl Aptil 2D22||309,955|34,008|113,279| |Additious||267,32D|2,050|3,927| |At 31 March 2023||~577 275|~36058|~117206| |DEPRECIATION||||| |At
1 April 2D22||113,318|34,008|75,920| |Charge for year||4,268|103|7,379| |At 31 March 2023||~II7586|~34 111|~83 299| |NKT BOOK VAI UE
At 31 March 2023||~459689|~1947|~33 907| |At 31 March 2022||~196637|-|~37359| ||Furniture
dc|Computer|Technical|| ||littings|equipsaent|assets
f|Totals
f| |COST||||| |A(
1 April 2022
Additions|48,858|16,948
1,625|238.166
~15958|761,2t4
~290880| |Ai 31March 2023|~48 858|~18573|~254 124|~1052054| |DEPRECIATION||||| |At I April 2022
Charge for year|41,716
~116D|11,323
~1556|168,41.5
~17348|444,700
~32214| |At 31 March 2023|42 876|~13279|~185763|~476914| |NET BOOK VALIJE
At 31 Mamh 2023|~5982|~5294|~68 361|~575180| |Ar 31 March 2022|7 142|~5625|~65 751|~3I 6514| ## ## ## ||||Group||Charity|| |---|---|---|---|---|---|---| ||||31/3/23|31/3/22|31/3/23|316/22| |||||As||As| ||||f|restated||restatedf| |Trade Debtors|||43,284|12,761|42,936|12,76)| |Amounts|owed tc group|undertainngs|||67,618|29,128| |Other debtors|||650|650|650|650| |VAT||||2,347||2,347| |Prepay rn|cnts end accrued|income|386,$93|$64,174|398,091|$62,038| ||||430827|$79932|509295|906924| |CREDITORS: AMOUIvTS PALLING D|UE WITHIN ONE YEAR||||| |---|---|---|---|---|---| ||Group||Charily||| ||31/3/23
8|31/3/22
f|31/3/23
8|31/3/22
f|| |Bank loans snd overdraft|3,423|5,353|3,423||| |Trade creditors|95,530|90,27$|94,554|84,993|| |Corporation
Tax||272|||| |Taxation snd social security|10,389|13,382|10,038||2$5| |Other creditors|3,0i2|8,896|1,992||$,753| |VAT|11,030||2,540||| |Deferred income|88,559|71,725|88,559|71,725|| |Accruals|57,492|18,73$|53,172|I|7,038| ||269r135|208,644|254,278|IS2,794|| ||||Group||Charity|| |---|---|---|---|---|---|---| ||||31/3/23|31/3/22|31/3/23|31/3/22| ||||6|||f| |Balance|at|I April 2022|71,725|61,721|71,725|61,721| |Released|to income||(71,725)|(61,721)|(71,725)|(61,721)| |Received|in the year and deferred||88559|71 725|88 559|71.725| |Balance|a(|31 March 2023|$8,559|71,725|88,559|71,725| ## ## |The charity is committed|to|the followiog operating|the followiog operating|lease payraents;|lease payraents;|||| |---|---|---|---|---|---|---|---|---| ||||||||3I/3/23
f|31/3/22
I| |Expiring:||||||||| |Within one year|||||||12,000|12,000| |Betwmn one aad five years|||||||48,000|48,000| |In more Ihan Sve years|||||||288 000|300000| ||||||||348,000|360,000| |17.ANALYSIS OFFUNDS||||||||| |a.UNRESTRICTED FUNDS||||||||| |||Balance at|Income||Expenditure||Transfers|Baluecaat| |||01/04/2022||||||| |||As restated||||||3I/03/2023| |||6||||||| |Unrestricted
funds||550403|I|D50 955|I|324 141|279 109|556 326| |Total||55D403|I|OSO 9SS|I|24 141|279109|SS6326| ## |||Movement
In funds|||| |---|---|---|---|---|---| ||Balance at|Iacome|Expenditure|Transfers|Balance at| ||01/04/2022||||31/03/2023| ||As restated||||| |Capt(al|||||| |iferitage Project|554,109|73,765|(32,744)|(267,320)|327,810| |Building Upgrades|21,232||(3,335)|(7,789)|10,108| |Amc Space Refurbishment|125||||125| |Technical Equipment||4,000||(4,000)|| |Operating|||||| |'Encore|7,112|17340|(15,236)||9,116| |Spoech Bubbles|23,599|218,066|(176,564)||65,101| |Reconnect|46,783||(46,783)||| |Creative Engagement|8,7I05|450|(5,625)||3,530| |projocta|||||| |Film Funds|3,350||(550)||2,800| |NT Connections||7,930|(4,057)||3,873| |Operming
staAiog|6,500|741|(7,247)||| |Operat'mg
Other|2,397||(791)||1,606| |Elliott Fund||500|||500| ||673,912|322,698|(292,932)|(279,109)|424,569| ## ## ## ## ## ## ## |TOCK(|Group only)||| |---|---|---|---| |||31/3/23|31/3/22| ||||f.| |Finished|goods|~5112|~4325| |||5 112|~425| ## |||31/3/23|31/3/22| |---|---|---|---| |Turnover||167,423|112,634| |Cost ofsales||59.866|41.118| |Adnunistrativc|costs|138,197|92,680| |Loss for the year||(30,650)|(21,164)| |Total Assets||32582|19,961| |Total Liabiliues||98,828|55,557| |h(embers
funds||(66,246)|(35.596)| ## |CASH GENERAT|ED PROM OPERATING|ACTIVITIES|||||||| |---|---|---|---|---|---|---|---|---|---| ||||Groap|||Charity|||| |||2022/23||202D22||2022/23|202I/22||| |||||As|restated||As|testated|| |||||||||f|| |Net Income/(expenditure)||[243,420)|||237,708|(212,745)||258,293|| |Adjnstm cnts for.|||||||||| |Depreciation
charges
Loss/(profit) on thc sale offixed assets||35,229
112|||29,356|32,214||26,872|| |Interest from invesnnents||(319)|||(39)|(319)||G9)|| |interest paid||1,548|||1,318|1,548|||790| |Decrease (increase)|in stock|(787)|||211||||| |Decrease (innmsse)|in debtors|449,|105|(312,259)||397,629||(312254)|| |(Decrease) increase|in creditors|60|791||83774|71484||66|539| |Net cash provided|by (need in)||||||||| |operating
scthdties|||||||||| ##