2023-03-31-accounts

Reference and Administrative Details
Strategic Report
Trustees' Report	3 to 10
Independent Examiner's Report
Statement ofFinancial Activities	12
Balance Sheet	13
Statement ofCash Flows	14
Notes to the Financial Statements	15to 24

				Reference and Administrative	Reference and Administrative	Details
Trustees				Mrs I& Allen
				Mr A Anwar
				Mrs D Ashby
				Mrs H Clarke
				Mr SLCook
				Mrs L Dixon
				Mr JGoulding
				Mrs V A Holliday
				Mr A Javid
				Mr P Kenyon
				Mrs RJ Livermore
				Mrs S Martin
				Mr A Preston
				Mr J Shaw
Secretary				Mrs KMetcalfe
Charity Registration			Number	I054763
Company	Registration		Number	03I78207
				The charity is incorporated	in	England,
Registered		Office		Quany Theatre
				Queens Park Road
				Burnley
				Lancashire
				BBIO 3LB
Principal	Office			Quany Theatre
				Queens Park Road
				Burnley
				Lancashire
				BBI03LB
Independent		Examiner		KM
				lst Floor, Block C
				The Wharf
				Manchester Road
				Burnley
				Lancashire
				BBII IJG
Bankers				Unity Trust Bank PLC
				4 Oozells Square
				Biiimingham
				Bl 2HB

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		Balan	ce Sheet as at	31March 2023
					2023	2022
				Note
Fixed assets
Tangible assets				ll	1,216,956	I, 162,656
investments				12	80,887	86,152
					1,297,843	1,248,808
Current assets
Debtors				13	43,786	52,955
Cash at bank	and in hand				108,637	82,309
					152,423	135,264
Creditors: Amounts		falling due within	one year	14	(66,138)	(63,082)
Net current	assets				86,285	72,182
Net assets					1,384,128	1,320,990
Funds ofthe	charity:
Restricted income funds
Restricted funds					1,216,956	1,162,656
Unrestricted	income	funds
Unrestricted	funds				167,172	158,334
Total funds				15	1,384,128	1,320,990

						2023	2022
					Note
Cash flows from operating		activities
Net cash income						63,138	12,639
Adjustments to cash flows		from non-cash		items
Depreciation						33,290	33,284
Investment income						(4,607)	(3,812)
Revaluation ofinvestment						5,265	(5,202)
						97,086	36,909
Worl&lug capital adjustments
Decrease in debtors					13	9,169	8,021
Decrease in creditors					14	(17,933)	(8,756)
Increase/(decrease) in deferred			income			20,989	(29,205)
Net cash flows from operating			activities			109,311	6,969
Cash flows from investing		activities
Interest receivable and similar			income		4	53	45
Purchase oftangible fixed	assets				ll	(87,590)
Purchase ofinvestments					12		(21,433)
Income froni dividends					4	4,554	3,767
Net cash flows fiom investing			activities			(82,983)	(17,621)
Net increase/(decrease) in	cash		and cash equivalents			26,328	(10,652)
Cash and cash equivalents	at	I	April			82,309	92,961
Cash and cash equivalents	at	31 March				108,637	82,309

			Unrestricted
					Total	Total
			General	Restricted	2023	2022
Operation oftheatre			218,426	87,590	306,016	253,229
Artistic Programme Commissions			62,631		62,631	44,918
BYTArtistic Programme			59,888		59,888	34,497
Fundraising			7,928		7,928	4,567
Business Development			42,041		42,041	32,068
			390,914	87,590	478,504	369,279
Grants received, included	in the	above,	are as follows:
Other grants receivable						7,533
Art Council England			64,531		64,531	64,531
Burnley Borough Council			3,000		3,000	3,000
Garfield Weston			22,500		22,500	15,000
Eric and Margaret Kinder Trust			20,000		20,000	20,000
Creative and Cultural Skills			2,170		2,170
Lancashire County Council			4,000		4,000
Henry Smith Charity			45,000		45,000	62,536
Stocks Massey Bequest			2,000		2,000	1,000
Artistic Programme grants			55,225		55,225	20,849
Cultural Recovery Fund						58,780
Ass Council England - Capital				87,590	87,590
			218,426	87,590	306,016	253,229
4 Investment income
				Unrestricted
					Total	Total
				General	2023	2022
Dividends receivable				4,554	4,554	3,767
Interest receivable on bank	deposits			53	53	45
				4,607	4,607	3,812

		Vnvestricted
			Total	Total
		General	2023	2022
Employment	Allowance	5,000	5,000	4,000
Theatre tax	relief	13,502	13,502	4,863
Burnley Borough Council - Covid 19grant				10,667
		18,502	18,502	19,530

			Unrestricted
					Total	Total
			General	Restricted	2023	2022
		Note
Operation	oftheatre		175,335	33,290	208,625	191,987
Staff costs			194,549		194,549	159,904
Allocated	support
costs			30,036		30,036	33,293
			399,920	33,290	433,210	385,184

		2023	2022
Staff costs during	the year were:
Wages and salaries		178,605	146,377
Social security costs		12,737	10,620
Pension costs		3,097	2,907
Other staff costs		110
		194,549	159,904

charity during	t	he year expre	ssed a	s full time equivalents was as	follows:
						2023	2022
						No	No
Theatre						12	IO
No employee	received emoluments			ofmore than f60,000 during	the year.
9 Independent		examiner's	remuneration
						2023	2022
Examination	of	the financial	statements			2,320	2,280
Other services						387	234
Payroll fees						900	855
						3,607	3,369

I 1 Tangible fixed assets
	Land and	Furniture and
	buildings	equipment	Total
Cost
At I April 2022	1,656,653	119,980	1,776,633
Additions	36,550	51,040	87,590
At 31 March 2023	1,693,203	171,020	1,864,223
Depreciation
At I April 2022	493,997	119,980	613,977
Charge for the year	33,290		33,290
At 31 March 2023	527,287	119,980	647,267
Net book value
At 31 March 2023	1,165,916	51,040	1,216,956
At 31 March 2022	1,162,656		1,162,656

12 Fixed asset investments
	2023	2022
Investments	80,887	86,152
	Listed
	investinents	Total
Cost or Valuation
At I April 2022	86,152	86,152
Revaluation	(5,265)	(5,265)
At 31 March 2023	80,887	80,887
Net book value
At 31 March 2023	80,887	80,887
At 31 March 2022	86,152	86,152

13 Debtors
	2023	2022
Trade debtors	17,610	4,187
Prepayments	7,241	23,281
Accrued income	18,935	25,487
	43,786	52,955
14 Creditors
	2023	2022
Trade creditors		1,142
Other creditors	2,300	5,349
Accruals	6,581	20,323
Deferred income	57,257	36,268
	66,138	63,082

15 Funds
								Balance
			Balance				Other	at 31
			at 1April	Incoming	Resources		recognised	March
			2022	resources	expended	Transfers	gains/(losses)	2023
Unrestricted
General
Operation	of	theatre	90,386	414,023	(399,920)	15,540	(5,265)	114,764
Designated
Organisational		development	67,948			(15,540)		52,408
Total unrestricted			158,334	414,023	(399,920)		(5,265)	167,172
Restricted
Leasehold	buildings-
restricted			1,162,656		(33,290)			1,129,366
Arts Council		England-
Capital				87,590				87,590
			1,162,656	87,590	(33,290)			1,216,956
Total funds			1,320,990	501,613	(433,210)		(5,265)	1,384,128

									Balance
			Balance					Other	at 31
			at I April	Incoming	Resources		recognised		March
			2021	resources	expended	Transfers	gains/(losses)		2022
Unrestricted
General
Operation oftheatre			90,411	249,456	(208,735)	(45,948)		5,202	90,386
Designated
Organisational	development		22,000			45,948			67,948
Total unrestricted			112,411	249,456	(208,735)			5,202	158,334
Restricted
Leasehold buildings-
restricted			I, I95,940		(33,284)				l,162,656
Hemy Smith Charity				62,536	(62,536)
Stocks Massey	Bequest			1,000	(1,000)
Cultural Recovety Fund				58,780	(58,780)
Artistic Programme		grants		20,849	(20,849)
			1,195,940	143,165	(176,449)				1,162,656
Total funds			1,308,351	392,621	(385,1843			5,202	1,320,990
16 Analysis ofnet assets between			funds
					Unrestricted
					General	Restricted		Total funds
2023
Tangible fixed assets						1,216,956			1,216,956
Fixed asset investments					80,887				80,887
CuiTent assets					152,423				152,423
Current liabilities					(66,138)				(66,138)
Total net assets					167,172	1,216,956			1,384,128
					Unrestricted
					General	Restricted		Total funds
2022
Tangible fixed assets						1,162,656			1,162,656
Fixed asset investments					86,152				86,152
Current assets					135,264				135,264
Cun ent liabilities					(63,082)				(63,082)
Total net assets					158,334	1,162,656			1,320,990