2021-03-31-accounts - Leeds Theatre In Education Company

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		Page
Reference and Administrative Details		1
Report of the Trustees	2	to	3
Independent Examiner's Report		4
Statement of Financial Activities		5
Balance Sheet	6	to	7
Notes to the Financial Statements	8	to	15
Detailed Statement of Financial Activities		16

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	£	£	£	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	2	5,000		5,000	9,315
Charitable activities	3
Fees and commissions for delivery of theatre
programme					21,258
Other income			480	480	1,556
Total		5,000	480	5,480	32,129
EXPENDITURE ON
Charitable activities	4
Delivery of theatre activities			2,400	2,400	13,080
Premises costs		5,000		5,000	5,000
Administration costs		1,552		1,552	2,182
Governance costs
		828		828	712
Total		7,380	2,400	9,780	20,974
NET INCOME/(EXPENDITURE)		(2,380)	(1,920)	(4,300)	11,155
Transfers between funds	13	3,240	(3,240)
Net movement in funds		860	(5,160)	(4,300)	11,155
RECONCILIATION OF FUNDS
Total funds brought forward		2,371	17,582	19,953	8,798
TOTAL FUNDS CARRIED FORWARD		3,231	12,422	15,653	19,953

				2021	. 2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	f	f	f	f
CURRENT ASSETS
Debtors	10		2,026	2,026	1,616
Prepayments and accrued income		193	−	193	193
Cash at bank and in hand		3,630	10,396	14,026	18,789
		3,823	12,422	16,245	20,598
CREDITORS
Amounts falling due within one year	11				(53)
NET CURRENT ASSETS		3,823	12,422	16,245	20,545
TOTAL ASSETS LESS CURRENT LIABILITIES		3,823	12,422	16,245	20,545
ACCRUALS AND DEFERRED INCOME	12	(592)		(592)	(592)
NET ASSETS		3,231	12,422	15,653	19,953
FUNDS	13
Unrestricted funds				3,231	2,371
Restricted funds				12,422	17,582
TOTAL FUNDS				15,653	19,953

		2021	2020
Donations			4,316
Grants		5,000	4,999
		5,000	9,315
Grants received, included in the above, are as follows:
		2021	2020
		E
Other grants		5,000	4,999
INCOME FROM CHARITABLE ACTIVITIES
		2021	2020
	Activity	E
Fees for delivery of theatre	Fees and commissions for delivery of theatre
programme	programme		21,258
Grants received:		2021	2020
Arts Council England			13,455
The BreIms Trust			3,500
			16,955

			Direct	Support
			Costs (see	costs (see
			note 5)	note 6)	Totals
		Delivery of theatre activities	2,400		2,400
		Premises costs	5,000		5,000
		Administration costs	1,552		1,552
		Governance costs
				828	828
			8,952	828	9,780
5.		DIRECT COSTS OF CHARITABLE ACTIVITIES
				2021	2020
		Rent		5,000	5,000
		Insurance		772	772
		Production costs		2,670	13,231
		Office costs		510	873
	.	Travel, motor expenses and touring costs			386
				8,952	20,262
6.		SUPPORT COSTS
					Governance
					costs
		Governance costs
					828
		Support costs, included in the above, are as follows:
				• 2021 Governance	2020 Total
				costs	activities
		Accountancy and legal fees		828	*712*

	Unrestricted	Restricted	Total
	funds	funds	funds
	f	f	f
INCOME AND ENDOWMENTS FROM
Donations and legacies	5,699	3,616	9,315
Charitable activities
Fees and commissions for delivery of theatre
programme	4,303	16,955	21,258
Other income	10	1,546	1,556
Total	10,012	22,117	32,129
EXPENDITURE ON
Charitable activities
Delivery of theatre activities	1,850	11,230	13,080
Premises costs	5,000		5,000
Administration costs	2,017	165	2,182
Governance costs
	712		712
Total	9,579	11,395	20,974
NET INCOME	433	10,722	11,155
RECONCILIATION OF FUNDS
Total funds brought forward	1,938	6,860	8,798
TOTAL FUNDS CARRIED FORWARD	2,371	17,582	19,953

9.	TANGIBLE FIXED ASSETS
		Fixtures
		and	Computer
		fittings	equipment	Totals
	COST
	At 1st April 2020	40	5,825	5,865
	Disposals		(1,862)	(1,862)
	At 31st March 2021	40	3,963	4,003
	DEPRECIATION
	At 1st April 2020	40	5,825	5,865
	Eliminated on disposal		(1,862)	(1,862)
	At 31st March 2021	40	3,963	4,003
	NET BOOK VALUE
	At 31st March 2021
	At 31st March 2020
10.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2021	2020
			E
	Debtors			70
	Tax		2,026	1,546
			2,026	1,616
11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2021	2020
	Creditors			53
12.	ACCRUALS AND DEFERRED INCOME
			2021	2020
			E
	Accruals and deferred income		592	592

MOVEMENT IN FUNDS
		Net	Transfers
		movement	between	At
	At 1/4/20	in funds	funds	31/3/21
Unrestricted funds
General fund	2,371	(2,380)	3,240	3,231
Restricted funds
Looking For Callum	1,879		(1,879)
Theatre Programme on Knife Crime	1,361		(1,361)
The Witch's House	14,342	(1,920)		12,422
	17,582	(1,920)	(3,240)	12,422
TOTAL FUNDS	19,953	(4,300)		15,653
Net movement in funds, included in the above	are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		f	f	£
Unrestricted funds
General fund		5,000	(7,380)	(2,380)
Restricted funds
The Witch's House		480	(2,400)	(1,920)
TOTAL FUNDS		5,480	(9,780)	(4,300)
Comparatives for movement in funds
			Net
			movement	At
		At 1/4/19	in funds	31/3/20
Unrestricted funds
General fund		1,938	433	2,371
Restricted funds
Looking For Callum		5,499	(3,620)	1,879
Theatre Programme on Knife Crime		1,361		1,361
The Witch's House			14,342	14,342
		6,860	10,722	17,582
TOTAL FUNDS		8,798	11,155	19,953

		Incoming	Resources	Movement
		resources	expended	in funds
		f	£	£
Unrestricted funds		.
General fund		10,012	(9,579)	433
Restricted funds
Looking For Callum			(3,620)	(3,620)
The Witch's House		22,117	(7,775)	14,342
		22,117	(11,395)	10,722
TOTAL FUNDS		32,129	(20,974)	11,155
A current year 12 months and prior year 12	months combined position is as follows:
		Net	Transfers
		movement	between	At
	At 1/4/19	in funds	funds	31/3/21
	E	E	£	£
Unrestricted funds
General fund	1,938	(1,947)	3,240	3,231
Restricted funds
Looking For Callum	5,499	(3,620)	(1,879)
Theatre Programme on Knife Crime	1,361		(1,361)
The Witch's House		12,422		12,422
	6,860	8,802	(3,240)	12,422
TOTAL FUNDS	8,798	6,855		15,653