| Page | ||
|---|---|---|
| Reference and Administrative Details ofthe Charity, its Trustees and Advisers |
||
| Chairperson's Statement |
2-3 | |
| Trustees' Report |
4-8 | |
| Trustees' Responsibilities |
Statement | |
| Independent Examiner's |
Report | 10 |
| Statement of Financial Activities | ||
| Balance Sheet | 12 | |
| Notes to the Financial Statements | 13-23 |
| Trustees | P Cheung, | Trustee | ||||
|---|---|---|---|---|---|---|
| H Featherstone, Chair (resigned 22 February 2023) |
||||||
| I F Morley, | Trustee | (appointed | 7 March 2023) | |||
| R BGillett, | Trustee | |||||
| J Gridley, Trustee | ||||||
| D Hancock, | Trustee (resigned | 10April 2022) | ||||
| N R Kane, | Trustee | |||||
| S M Lowi Jones, Trustee | ||||||
| S Mulryan, | Trustee | |||||
| BNori, Chair (appointed | 7 March 2023) | |||||
| Company | registered | |||||
| number | 03185290 | |||||
| Charity registered | ||||||
| number | 1054722 | |||||
| Registered | office | StThomas | Church | |||
| kolywell Road |
||||||
| Brightside | ||||||
| Sheffield | ||||||
| S48AS | ||||||
| Company | secretary | P Cheung | ||||
| Accountants | Shorts | |||||
| Chartered | Accountants | |||||
| 2 Ashgate | Road | |||||
| Chesterfield | ||||||
| Derbyshire | ||||||
| S40 4AA | ||||||
| Bankers | The Co-operative | Bank |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||||
| Note | E | ||||||
| Income from: | |||||||
| Donations and legacies |
51,910 | 47,748 | 99,658 | 111,319 | |||
| Charitable activities |
159,522 | 2,015 | 161,537 | 113,891 | |||
| Investments | 53 | 53 | 8 | ||||
| Other income | 31,496 | ||||||
| Total income | 211,485 | 49,763 | 261,248 | 256,714 | |||
| Expenditure on: |
|||||||
| Charitable activities |
220,292 | 33,084 | 253,376 | 225,702 | |||
| Total expenditure | 220,292 | 33,084 | 253,376 | 225,702 | |||
| Net (expenditure)/income | (8,807) | 16,679 | 7,872 | 31,012 | |||
| Transfers between |
funds | 13 | 2,596 | (2,596) | |||
| Net movement in |
funds | (6,211) | 14,083 | 7,872 | 31,012 | ||
| Reconciliation of |
funds: | ||||||
| Total funds brought | forward | 101,221 | 5,000 | 106,221 | 75,209 | ||
| Net movement in funds |
(6,211) | 14,083 | 7,872 | 31,012 | |||
| Total funds carried | forward | 95,010 | 19,083 | 114,093 | 106,221 |
| BALANCE SHEET | BALANCE SHEET | ||||||
|---|---|---|---|---|---|---|---|
| AS AT 31 DECEMBER 2022 | |||||||
| 2022 | 2021 | ||||||
| Note | |||||||
| Fixed assets | |||||||
| Tangible assets | 10 | 26,949 | 27,520 | ||||
| Current assets | |||||||
| Debtors | 6,591 | 10,018 | |||||
| Cash at bank and in | hand | 97,344 | 86,697 | ||||
| 103,935 | 96,715 | ||||||
| Creditors: amounts | falling due within | one | |||||
| year | 12 | (16,791) | (18,014) | ||||
| Net current assets | 87,144 | 78,701 | |||||
| Total net assets | 114,093 | 106,221 | |||||
| Charity funds | |||||||
| Restricted funds | 13 | 19,083 | 5,000 | ||||
| Unrestricted funds |
13 | 95,010 | 101,221 | ||||
| Total funds | 114,093 | 106,221 | |||||
| The charity was entitled to exemption | from | audit under | section 477 ofthe | Companies | Act 2006. |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||||
| f. | R | ||||||
| Outreach | 64,642 | 64,642 | 56,176 | ||||
| Youth Circus | 43,915 | 275 | 44,190 | 28,424 | |||
| Classes and Workshops | 41,902 | 880 | 42,782 | 21,354 | |||
| Events and Venue | Hire | 4,966 | 860 | 5,826 | 3,283 | ||
| Professional | 4,097 | 4,097 | 4,543 | ||||
| Other | 111 | ||||||
| 159,522 | 2,015 | 161,537 | 113,891 | ||||
| Total 2021 | 113,891 | 113,891 | |||||
| 6. | Other Incoming resources | ||||||
| Unrestricted | Total | Total | |||||
| funds | funds | funds | |||||
| 2022 | 2022 | 2021 | |||||
| Business interruption | insurance | proceeds | 31,496 | ||||
| Total 2021 | 31,496 | 31,496 |
| 7. | Expenditure | on Charitable | Activities | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Youth | Classes and | Events and | Total | Total | ||||||
| Outreach | Circus | Workshops | Venue Hire | Professional | Other | 2022 | 2021 | |||
| Direct Costs | ||||||||||
| Performers | and tutors | 37,575 | 32,869 | 3,818 | 2/77 | 628 | 77,067 | 61,016 | ||
| Other direct | costs | 300 | 64 | 364 | 10,924 | |||||
| Professions Ifees Bad debts |
10,148 ~74 48137 |
~3833 | ~878 | ~34 | 628 | 10,148 ~14 3 |
19,716 ~2828 |
|||
| Support Costs | ||||||||||
| Contro ovorhoods | 4,096 | 2,766 | 2,661 | 409 | 307 | 10,239 | 7,034 | |||
| Staff training | and welfare | 927 | 1,721 | 632 | 360 | 307 | 3,94T | 6,329 | ||
| Repairs and | maintenance | 2,666 | 1,800 | 1,733 | 267 | 199 | 6,664 | 15,929 | ||
| Insurance | 2,262 | 1,620 | 1,464 | 226 | 169 | 6,631 | 4,944 | |||
| General office expenditure | 3,423 | 2,311 | 2.225 | 343 | 268 | 8,560 | 3,652 | |||
| Advertising | and promotion | 1,627 | 1,098 | 1,057 | 153 | 122 | 4,06T | 10,200 | ||
| Bank charges | 690 | 466 | 449 | 69 | 52 | 1,T26 | 1,157 | |||
| Wages and | salaries (note 9) | 25,206 | 46,758 | 17,185 | 9,806 | 8,331 | 107,286 | 68,828 | ||
| Depreciation | 1,611 | 1,088 | 1,047 | 161 | 121 | 4,028 | 2,940 | |||
| Profit on diposal of fixed assets | ||||||||||
| Governance | costs (note S) | ~47 91 | ~83 | ~972 | ~2348 | 19272 | 165683 | 134044 | ||
| ~%Ra | ruat | — ~8$! |
~aa | ~9a | . | ~aaa | ~iztt |
| 2022 | 2021 | ||
|---|---|---|---|
| Accountancy | fees | 13,381 | 6,217 |
| Consultancy | fees | 6,525 | |
| Other legal | fees | 289 | |
| 13,535 | 13,031 |
| Staffcosts | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Wages and | salaries | 102,673 | 67,372 | |
| Social security costs | 2,615 | 157 | ||
| Contribution | to defined contribution | pension schemes | 1,998 | 1,299 |
| 107,286 | 68,828 |
| The average number ofpersons employed by t |
he charity during the year was as follows: | |
|---|---|---|
| 2022 | 2021 | |
| No. | No. | |
| Employees |
| Freehold | Circus | Computer | |||
|---|---|---|---|---|---|
| property | equipment | equipment | Total | ||
| F | |||||
| Cost | |||||
| At 1 January | 2022 | 42,126 | 32,514 | 7,355 | 81,995 |
| Additions | 1,518 | 1,939 | 3,457 | ||
| At 31 December 2022 | 42,126 | 34,032 | 9,294 | 85,452 | |
| Depreciation | |||||
| At 1 January | 2022 | 20,865 | 28,039 | 5,571 | 54,475 |
| Charge for the year | 843 | 2,154 | 1,031 | 4,028 | |
| At 31 December 2022 | 21,708 | 30,193 | 6,602 | 58,503 | |
| Net book value | |||||
| At 31 December 2022 | 20,418 | 3,839 | 2,692 | 26,949 | |
| At 31 December 2021 | 21,261 | 4,475 | 1,784 | 27,520 | |
| Debtors | |||||
| 2022 | 2021 | ||||
| Due within one year | |||||
| Trade debtors | 1,159 | 4,191 | |||
| Other debtors | 158 | ||||
| Prepayments | and accrued income | 5,432 | 5,669 | ||
| 6,591 | 10,018 |
| 2022 | 2021 | ||
|---|---|---|---|
| Trade creditors | 4,180 | 7,120 | |
| Other taxation and social security | 1,870 | ||
| Other creditors | 609 | ||
| Accruals and deferred |
income | 10,132 | 10,894 |
| 16,791 | 18,014 |
| Statement of | funds | - curren | t year | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | 31 | ||||||
| January | Transfers | December | |||||
| 2022 | Income | Expenditure | in/out | 2022 | |||
| Unrestricted | funds | ||||||
| General unrestricted |
fund | 101,221 | 211,485 | (220,292) | 2,596 | 95,010 | |
| Restricted funds | |||||||
| Neighbourhood | 3,000 | 7,426 | (8,074) | 2,352 | |||
| Troupe | 3,880 | (1,023) | 2,857 | ||||
| Spectrum | 2,000 | 275 | (2,455) | 180 | |||
| This is Circus | 7,000 | (2,088) | 4,912 | ||||
| Grow | 25,703 | (19,025) | (1,245) | 5,433 | |||
| PMW Foundation | 1,950 | (419) | (1,531) | ||||
| Bursery Fund | 3,529 | 3,529 | |||||
| 5,000 | 49,763 | (33,084) | (2,596) | 19,083 | |||
| Total offunds | 106,221 | 261,248 | (253,376) | 114,093 |
| Statemen | t of | funds | - prior ye | ar | ||||
|---|---|---|---|---|---|---|---|---|
| Balance at | ||||||||
| Balance at | 31 | |||||||
| 1 January | Transfers | December | ||||||
| 2021 | Income | Expenditure | in/out | 2021 | ||||
| F | ||||||||
| Unrestricted | funds | |||||||
| General | unrestricted | fund | 63,209 | 246,012 | (198,930) | (9,070) | 101,221 | |
| Restricted funds | ||||||||
| Creative | & Active | (206) | 206 | |||||
| Neighbourhood | 4,000 | 2,000 | (3,000) | 3,000 | ||||
| Troupe | 3,140 | (10,944) | 7,804 | |||||
| Spectrum | 2,000 | 2,000 | ||||||
| This is Circus | 8,000 | (8,000) | ||||||
| Sheffield | City | Region Skills | ||||||
| Bank - training | and system | |||||||
| development | 3,562 | (4,622) | 1,060 | |||||
| 12,000 | 10,702 | (26,772) | 9,070 | 5,000 | ||||
| Total of | funds | 75,209 | 256,714 | (225,702) | 106,221 |
| Analysis | of n | et ass | ets | between funds - cur | rent year | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| funds | funds | funds | |||||
| 2022 | 2022 | 2022 | |||||
| Tangible | fixed | assets | 26,948 | 26,948 | |||
| Current | assets | 84,852 | 19,083 | 103,935 | |||
| Creditors | due | within | one | year | (16,791) | (16,791) | |
| Total | 95,009 | 19,083 | 114,092 |
| Unrestricted | Restricted | Total | |||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||
| 2021 | 2021 | 2021 | |||||
| f. | |||||||
| Tangible | fixed | assets | 27,520 | 27,520 | |||
| Current | assets | 91,715 | 5,000 | 96,715 | |||
| Creditors | due | within | one | year | (18,014) | (18,014) | |
| Tl | 101,221 | 5,000 | 106,221 |