2023-08-31-accounts - Arun Arts Company Limited

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CHARITY REGISTRATION NO: 1061163 COMPAiI¥ REGISTRATION NO: 03239942 ARUN ARTS COMPANY LIHITED Company Limited by Guarantee I REPORT OF THE DIRECTORS ND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2023

Azun Alt8 Company Llnlted Company Inf ormation CHARITY NUMBER: 1061163 COMPANY NUMBER: 3239942 START OF FINANCIAL YEAR: 1ST SEPTEMBER 2021 END OF FINANCIAL YEAR: 31ST AUGUST 2022 DIRECTORS AT 315T AVC7U5T 2023: LATUS Icha irman ) P.F. BALDWItI BARKES (appointed 31st Augst 2022) K.A. BENL LYZTT J.E. BRu¥lN ETtltsf£iDCE IcllJpointed )Ibt AuguoL 202£ GA TfRknLL NORRIO £re5igne0 25th A¢Just 20221 THOMP50N (appointed 31st August 20221 WEBB (resigned 10th July 20211 COMPANY SECRETAR Y: r<EGISTERED OFFICE: REGIS CEE4TR BELMOh'T STREET BGUNOR REGIa UabEX P021 IBJ DATE OF INCORPORA TION: 20TH AUGUST 1996 GOVERNING DOCUMENT: MEMORANDUM AND ARTICLES OF ASSOCIATION OF 17TH FEBRUARY 2011 ACCEPTED BY COMPANIES HOUSE 12TH SEPTEMBER 2011. BANKERS: Ar BAIIK kAt4GS HILJJ AVENUE KINVS HIIJL WEST TriALLING KENT. ME19 4JQ ACCOUNTANTS . PETER BALDWIN & CO 57. MARSHALL AVENUE BOGNOR REGIS WEST SUSSEX P021 2TR OBJECTS (al To advarice the eauL'atlOii OE the PlAblic in bognoi Regi5 and the suirounding area iri drama and other petforTring aLts. Ibl To promote the benefit of the inhabitants OE Bognor Regis anLI surrounding area by the provision of facillties In the interest of social wel£are Eor recreatlon and leisure time occupation wlth the object 0£" iUIL)fUViRig the coiiaitioiis of IAie Lhe said Inhai)Itants by pioviaiKigi llidria<Jing and makirig available a thealre, ciriemal aiL gdllgzy• yubliL- kidll and ronference centie.

Arun Arts Company Llmlted (A Colltpany Limited By Guarantee) Report Of The Directors For The Year Ended 31st August 2023 Chalzman's report 2023 The Trustee Directors present their report together vith the accounts for the Company Eor the year ended 315t August 2023. GOVERNANCE The Trust is newly governed by the 'Model Imemoranduwt and Articles of Association as recommended by The Charity Commission for a Company Limited by Cuazantee. This vas adopted at a special EGM on 17th Febtuary 2011 and accepted by Companies House on 12th Septetnbei 2011. The Trustees Directors at 31st August 2023 were Messis Latus Icliaiimanl, Baldvin. Bennett, Brown and Gattrell Ihereaf ter the Trustees ). Trustees serve for three years after which they retire and are eligible for re-election. The TIu5tees are tasked with recommending to the Annual General Meeting of the Trust as to vho should be appointed as Trustees. Trustees are given induction in tPieiT responsibilitie5 at the outset of their terrn of office and any other issues are brought to thpir attention Erom time to tiTre. The trust operated its main activities via its trading arm Regis Centre Limited from 28th August 2007 to 31st August 2015. That company had one Trustee as one of the Trustees as it5 director. That director was not remunerated. Frorn 1st September 2015 the co]np&ny carried out its main activitles itself under the direction nf the trustees. There. are no relationships with related parties. PRINCIPAL ACTIVITIES The Company is a registered charity number 1061163 and Ilrnited by Guarantee number 03239942. Its principal activities in the year under review continued to be the provision of live entertainment uqic and arts £or Bognor Regis and its environs. The Company operate5 uniier an underlease granted to it in August 1996 by Whitbread Pic which iuns to August 2046. ACHIEVEMENT AND PERFORMANCE The uncertalnty regarding regeneration proposals for Bognor Regis and the Alexandra Theatre continued with the Regis Centre being a key site. The Trustee5 felt it was imperative ve must guard our Lease and keep the slte updateLI and In order and professionally run as far as we aze able within the conf nes OE our budgets until Arun District Council took over that responsibi l ity. Following the succe55 of the Levelling Up Fund Submission the building was closed for major reEurbishment in May last year. We coi)tinued hirlng out the studios until July and from then on started packing eveEything in the bullding ready to vacate trhe premises When required. Everything iiow Iesldes in storage Eacllitles in Littleha]npton and at Regis Removals.

arun Arts Cornpany LlrLlted IA Company Llmited By Guarantee) Report Of The Directors Icontinuedl For The Year Ended 31st August 2023 We have temporary office facilitles adjoining the Boqnor Town Hall and are still running a box office for the 2 o'clock Club on the flrst Tuesday of every month. An afternoon vlth the London Phillharmonic Orchestra on 18th June has been arranged. Our plan5 to Ilse the rooms in our temporary office space Eoi a small performance 49nd meeting place came to nothing as It proved to not bp 5Ultable. We have been having coffee mornings to stay in touch vlth our much valued volunteers with thanks to Jo ana Caroline Eor the organisat:on. Thank you also to the volunteeis who are still manning the box office on a regular basis. As zegards the building vork I am given to understand that the enabling work will start in July and the demoli5hment in late August. I join the online Project Management Board which in addltlon to Arun Arts, consl.8ts of representatives from ADC and others and gets together every Trnnth for updates on the building progress. As thlngs stand at the mo]nent the builders are estimating a finishing date of autumn next year. am very dubious that th13 vlll be the case ana I suspect the opening date is more likely to be spring 2026. By that date ve will have been c105ed foz 2 years with minlscule income in that period and prloi. With the probable uncertainty of the exact date OE reopeninu it will cause huge problems with prograrnming which should really be startlng in spLing next year. Let US hope that this vill become clearer a5 time qoes on. here. is no doubt that the new building will present us with diffeIent but exciting challenges. There are clearly going to be Issues surrounding fittinq5 Out Costs to reopen and also ongoing running costs The levelling Up Funding of £12 million plus ADCIS contribution of £3 million will not cover all the costs involved in getting the building tit to open. addition we have a bigger building to run and this. of course, is going to translate into more money needing to be spent. Arun Arts have li]llited Eund5 these being rnore limlted than anticlpated due to the continual moving of the closure date of the theatre vhich meant we were sczatching around to fill dates having IoJt regulai booking5 to other venue5. It is clear that for Arun Art5 to continue as operatoIs of the nev buiiaing fund iaising will be necessary. The Trustees vould like to thank Arun District Council for providing funds to cover our on going zunning c05t from December 2023 very much appreclated Thls genezosity along with ouz many wonderful volunteers who glve freely of their time helps enormou51y across the board. The board is coThmitted to continue vorking hard representing ouz members and fulfilling the charities main objective of tuiining a theatre.

&run Arts Company Llmlted IA Cotopany LiTrited By Guarantee) Report Of The Dliector3 Icontlnuedl For The Year Ended 31st August 2023 STATEMENT OF DIRECTOR. S RESPONSIBILITIES Company law requires the directors to prepare financial statements for each financlal year ¥hlch gives a true and falr view of the state of affairs of the company and of the profit or Ioss of the cornpany during that period. In preparlnq those Elnancial statements the directors are required to: i I select 5Ultable accounting policies and then apply the]n consistently 11 I make Judgements and e3tlmates that are reasonable and prudent, iiil prepare financial statements on a going cor*cern ba515 unless it is inapproprlate to pzesume that the coTrpany wlll continue In business. The directois are responsible Eor keeping proper accounting recora5 which dlsclose with reasonable accuracy at anytiJRe the f inanclal posltion of the company and to enable them to ensure that the f inancial statements coTrply with the Companies Act 2006. They are also re5Donsible for 5afeguaiding the assets of the company and hence for taking reasonable steps for the prevention and detectlon of fraud ana other Irregularitles. In preparlng this report the directors have taken advantage of special exemption applicable to small companies. SMALL COMPANY SPECIAL PROVISIONS This report has been prepared in accordance with the special provisions of the Companles Act relating to sall companies. By Order of the board 12th February 2024 Mr5 Kate Bennett Chairman on behalf of the members and Trustees of Arun Arts Company Limited

Arun Arts Company Llmlted (A Co4pany Limited By Guarantee) statement Of Financial Actlvlties Por The Year Ended 31st August 2023 Incorporating income and expenditure account 12 months to 31st August 2023 CURRENT YEAR Unrestrictea Funds Notes Restricted Funds Total INCOMING RESOURCES IiiiOMtin(3 Resv¢JLLekn7 Lioill Geneiated Fund5 Volunt(ALy income 2,15B Actlvltles for Generating Funds 2.158 3b 320.181 481 Incoming Resources £Lo Charitable SoutLes TOTAL INCOMING RESOURCES 320,662 322, 339 481 322, 820 RESOURCES EXPENDED Costt> uf Gerieiatlfig t urids C05Ls of Genetating Voluritd£y Iricome 4a 9,604 Charltable Activitles 9.604 4b 271, 650 Coveznciiice Costts 271, 650 861064 TOTAL RESOURCES EXPENDED 86,664 367.918 367,918 NET INCOMING (OUTCOING) RESOURCES (45.579) 481 145,0981 MOVEMENT ON RESER VES NET INCOMING ( OUTGOINGI RESOURCES TOTAL FUNDS BROUGHT FORWARD 145,5791 481 (45.098) 42,425 1, 739 44,164 TOTAL FUNDS CARRIED FORWARD 2, 220 Movements on all reserves and all recognised gains and losse5 aIe 5h¢)¥n above. All of the ozganisatlon's operations are classed as continulng. The notes lorm an iiiLegral part ol these f inancial St(4tee1]ts.

azuh Art8 Conpany Ll•lted (A Company Llmlted By Guarantee) statement Of Financlal Actlvities Poi The Year Ended 31st August 2023 Incorporating ineome and expenditure account 12 months to 31st August 2022 Notes Unrestrictp.d Funds PREVIOUS YEAR Restrirted Funds Total INCOMING RESOURCES Incoming Resources f rom Generated Funds Voluntary income 3a 36,081 Activlties f or Ceneratinq Fund5 36,081 3b 321, 481 Incoming Resources f rom Charitable Sources TOTAL INCOMING RESOURCES 1,000 323, 481 3c 358.562 1.000 359,562 RESOURCES EXPENDED Costs of Generating Funds Costs of Generating Voluntary Incoll*e Charitable Activities Governance Cost5 4a 13,457 13.457 4b 326.670 326,670 41.007 TOTAL RESOURCES EXPENDED 41.007 381,134 381.134 NET INCOMING I OUTGOING) RESOURCES 122,5721 1.000 121,5721 MOVEMENT ON RESER VES NET INCOMING (OUTGOENG) RESOURCES NET INCOMING RESOURCES IN YEAR TOTAL PUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORIIARD (22,5721 1,000 121,5721 64.997 739 65,736 42.425 1, 739 44,164 Movement5 on all resetve5 and all recoqnised gains and 10sse5 are shown above.. All of the organisatlon's operations aIe classed as continuing. The notes for]rt an integral part of these financial 5tatement5.

Arun Arts Company Ll•ited (A Cow¢pany Llmlted By Guarantee) Balance Sheet A5 At 31st August 2023 2022 Uii Un Restrictea R&kTrLr iLièd ToL"al Restr icLed IL,L"e4] Totcil Funds Funds Notes £ Funds Funds 2021 Fixed As5et5 Taiigible assets 3 Jf, 535 35,535 45,228 45, 228 Current Assets stDLk DebL"QLS Cash at bank and hand 34.142 43.664 4,000 4,000 6.144 2. 818 182,174 522 36, 36£ x79.356 2. 220 2,220 4J• 884 189, 500 2.818 192, 318 Cieditors AlliuunLb falliiig due iLliin oiie yéai 63 44.863 150,404 150, 404 Net Current Assets (1.199) Total assets les5 Current liabllities Creditor5 34,33G Amountb falling due af ter one year 2. 220 39.096 2.818 41,914 2, 220 S7,142 37, 490 37,490 42.978 42,978 Net Assets 13.154) 2.220 19341 41, 346 2,818 44,164 Funds of the Charity Geneidl Fundb 13,lJ4) (3,1541 (41,3461 2.220 141,3461 ResLriLted Fund5 2.220 2, 818 ToLal £unds 13,154) 2, 220 (9341 41, 346 2,818 (44,1641 The notes form an integral part of these financial statements

Arun Arts Company Llmited IA Cojnpany LiJ&ited By Guarantee) Balance Sheet I ContIned ) A5 At 31st Auqust 2023 Director s statements iequlred for the yeaL endea 31st August L02i Iii dpproving Ihetie Einancial bLdLements as director of the compdny I hereby confirm: For the year ending 31st August 2023 the company wa5 entitled tg exefflption from audit Ltiidei section 477121 of the Companies Act 2006. The members have not required the company to Obtain an audit In accordance wiLh beLLion 476 OE LIAe Compaiiies Act 2006. Tlie diLeLturs cick'JlQWiedge their re5poosiL)ililies for l i l eIisuring that the company keeps accounting recotds vhlch comply with section 386. and lill preparing accounts which give a true and £air viev of the 5t.ate of affairs 0£ Lhe iUWVdny as at I'he end of the EiiiaiTrLial year,dnd uf IL¥ profit or loss Eor the financial year in accordance with the requirements ol" Section 393 and Which otherwise comply with the requirements of the Companies Act relating to accounts. so Ear a¥ appllcable to the cojllpany. The accouiiLs have beeii epared iii QLknOLtidilLe witli Lhe bpecial provisions ol Llie Comydiiies ALL relaling snall companies dfia ITI uLcoradnLe wiLtrI the Pinanclal Reportlng Standaid for Smaller Entities (efEecLive 20081 These financlal statements were approved by the Board on arja weLe signed on its behalf by K Bennett Trustee/DiIector The note3 form an integral part of these financial 5tatement8

Arun Arts Company Llmlted (A Conpany Linited By Guarantee) Notes To The Financial stateents For The Year Ended 31st August 2023 l Accountlng Pollcles l. l. Accounting conventlon The financial stcilethents have been prepaiea under the hlsLoiiLcil cosL convention and in accordance with the Financidl RepoLting SLandard for Smaller Entities (effective 20081 INCOMING RESOURCES 1.2 Recognition ot incominq resources Tliese ale inL'luded in Llie oLaLeeljt of FiiixiILAal ActiviLies ISOFAI when tlie charity beLomes entitled to resoarces. the Directors are virtually certain they will receive the resources: and the monetary value L"an be measured vith 5uf£icient reliability. 1. 3 Incoming Resources With related expendituie Where incoming iesource5 have related expenditure {as wlth fundiaising or contract Income) the incomlng resource and ielated expenditure are reported gross in the SOFA. 1.4 Grants and Donations Tliebe aLe uiily iriiladed in 11)e sofA wl)en tlie cl]liLY hdb unLoiidiLional entitlement to the iesouiLes. 1.4 Tax reclai]lls on Donatlons and Glfts In¥oMing iesoLiLies £IoJ4 tax claim5 aLÈ included in the SOFA in the &a]ne Einancidl peiioL] as the 9iEt to whiLh they ieldle. 1.5 Contractual Incojne and Performance Related Grants This is only included in the SOFA Ljnce tlie Lelated goods or servlces lias been delIve[a. 1.6 Glft5 in kind Gift5 ifi kirid dre aciouriLed foi dL a LedS(Jriable estimate Lir Llie £l]Ekourit actually realised. Gifts in kind for sale or distiibutioii are includea in the accourits as giEts when sold or distributed by the charity. tsifts in kiiid lor lise by the chai&ty ale iiicluded in tlie SOFA ab inctimin Ig2kL¥UfL'es when IeLeivable. 1.7 Donated Services and Facilities These are only included in incoming resources Ivitli an equivalent amount in resources expended) vheLe the bene£it to the charlty Is reaboiiably qUdiiL" ifidbiew ]neaburabl& uIid rnate ial. Tlie Vdiue UiaLed on these Lebuuzces is tlie esLillidLed Vdliie Lo Lhe LhaLity ()f the serviLe or .facility received. 1. 8 Volunteer Help The value of any voluntary help received is not included in the aLLouiits but is éjescribed in L"he Dilector's annual LepoiL. 1. 9 Investrnent IncoJRe This is included in the accounts when receivable. 1.10 Investment galns and losses. ThiJ included any gain or loss on the sale 0£ irivestment5 ahd any gain or loss Le?ulting fioth Leval¢Jiny Lo marAet vdlLie ai the yeaL eijd. io

Arun Azts Conpany Limltea IA Company Limited By Guarantee I Notes To The Financial Statement5 For The Yeai Ended 31st august 2023 EXPENDITURE AND LIABILITIES 1.11 Liability recognition Liabilities are recogni5ed as soofÈ as there is a legal or constructive obligdliotk tlie L44tiLlty Lo Pdy L)uL resource>. 1. 12 Coveinance costs Include cosl"a of the pzeparation and examination of statutory accounts, the costs OE the Directors, meetings aiid cost ol any legal advlce to DirectOLS on goveTfidnC'e or constitutional watters. 1.13 Changes in Accountlng policies and previous accounts There lias been ilo Lhange to the accountinq policies Ivariation rules and rnethod5 of accountingi Since last year and no changes to the PLeViUiIS d¥¥Oiint5. Le Ldl Ib LifLuTrbLdllLes Lonceriiing the dLCUUllting veziod ib dibclosed iii note 10 ts£ Llie cLcounts. 1. 14 Grants payable without perf orwance conditions These are oiily recognised in tlié accounts when a eomfftit]nent has been ade dnd there aLe no conditions to be wet ie&ating to a giant which remain In control of the charity. 1. 15 Support Cp5t5 Support costs include cenL'Lal functions and hdve been allocated to activity cost categories on a basis conslstent With the use of the esouriri eg alloLating PLOPéLLj LOSt> by" £Iuui aL&'¢lS oi pei Lavita. staff L'ObLb by Lhe LAoe cind other costs by their Usage. 1.16 Tangible Elxed assets for use by the charity and depreciation These ale capitalised 1£ tli¥y Lan be used fL>r DioLe thdll OFAe year, and cost at leasL £1,000. They aie Vdlued dt L()sL' or if giftèd. al the value to the charity on receipt. Depreclatlon is provided at the following annual rates In order to wrlte OEE each asset over its estijftated useful life. Fixtuie5. EittlIllJb dnd e4uipReii 25% on ieduclng balance 1. 17 Inve5tmentS Investment5 qljoted on a £eLognised 5tOLk exchange are valued at markeL' at the year end. Other inveit]oents are included at Directois, best estimate of arket value. li

Aiun Aits COpanY Lljlllted IA CoThpany Limited By Guarantee } Note5 To The Financial Statement5 {cDntinued) For The Year Ended 31st August 2023 1.18 Credltors: aAounts falling due within one year 2023 2022 Bdrik loan iiade ireaitors Taxation diid SOLldl 4>ecui ity other creditors and accruals 4,167 4,167 10,329 38,268 97,640 {7341 43,755 44,863 150, 404 1.19 Credltors: amount5 £alling due afteL Aioie than one year 2023 2022 Barik loans 37.490 42,978 1.20 Share capital 2023 2022 The company ha5 no 3hare capital and is authorised by guaraiitee. Limit of guarantee £10 pez member. 1. 21 Reserves Profit and 1055 accounL" Balance at 1st September 2022 Retained Ilossl/proEit for the year 44.164 145,0981 Balance aL 31st AugusL' 2023 12

Arun Arts Company LIMited Notes To The Flnancial Statewent5 (contlnued) For The Year Ended 31st August 2023 Tangible fixed assets Total Unrestricted Restricted FixL"uies f It¥ings and equipment C05t or valudtiori: AL 1st Seglewbei 2022 Additions Disposals 163,29 255 163,297 255 At 31sL August 2023 163,JJ2 163, JJ DeE)reciation: At ISL SepLember 2022 Charge for year Dibput>al 118.068 9,948 118, 068 9.948 At 31sL' August 2023 128.017 128,017 Net book value at At 31st Augubt 2023 35, 535 35, 535 Nel book valiie at At I,.L SeyteJubei 2022 45.228 4?,226 13

Aiun Azts Company Llmlted Notes To The Flnanelal Statements (contlnuedl For The Year Ended 31st August 2023 CURRENT YEAR (12 Months ended 313t August 20231 3. INCOHING RESOURCES NuLe Unrestr icted Designated Restr iL"ted Funds Fun(3s Funds Total a) Voluntary Income FL iL-lia . Membeibl&l other Cai)h Collectlons Grant 387 1. 771 1,771 b) Activltles for Generatlng Funds TliedLie Activities teLiniJ other 481 107,3JJ 88,705 279 88,705 44.602 320.181 481 320,062 c) Incomlng Resources Ero• Charltable Activities ChariL"y Shop Sales DLiiaLlOtI PREVIOUS YEAR (Year ended 31st August 2022) 3. INCOMING RESOURCES NutÈs bntebii IbLca ve5iyiiclva Pieali icted Fuiids Funab Fuiids Tutal I Voluntary Income Frieiias MembeEJhi95 2.442 2,a3S 10,592 21,OC19 2,442 2,038 10,592 21,009 Cash CollectioIis Trusts and Graiits 36,081 b) Actlvlties tor Generating Funds Theatre Income 261,692 Caterliig InLome other 1.000 262,692 60.542 247 247 322,481 1.000 323,481 c) Inco]lling Resources f low Charitable Activities Charlty Shop Sale5 Donations

Arun Art5 CoMpany LIMlted IA Company LIlted By Guazantee Note5 To The Financial Statewent5 (continued) For The Year Ended 31st August 2023 CURRENT YEAR 112 Trontlls ended 31st August 2023) 4. RESOURCES EXPENDED tlotes UiiiestLiLLed Desiynatea Restricted FIAnds Fuiids Funas Total I Costs of Generatlng Voluntary Income AiJverL"ising Costs 7.014 ,¥dLAetAkly" PL&iiLiiig .590 7, 014 9,604 9.604 bl Charitable Activities TheaELe acLiviLieb Cateiing Charity Shop cosLs Perf oirning rights oigiikage 55,029 5 Jf, 029 35.163 1. 589 11.410) li1410 j 2,067 3.535 4,332 Telephone Printlngl Post and ytaL"ionery IT eAL)enseb Hire equip]nent and leasing Reydirs and ret)ewals Service charge5 LigliL ana l&ÈdL RdLeb Training Travelling MOLOI expenbes Inburances Comrttunity event5 Depreciation Séilariei and Nl Peiib ioiis VolunLee15 expenses Sundry expenses 3.535 4.332 565 6.466 6.590 11.269 6,466 11*269 3,735 521 331 6,907 521 3,053 9,949 119,102 9.949 119,102 943 1. 408 943 1,408 271,650 £71,GiO c) Governance Costs Fiiiar)ce charge H Ei fees VAT Disallvwaiiie IIiaepviiaant examinaL"ion Accountancy Bad debts Book-keeping Legdl ana professional 13,835 2,200 12,046 13,835 1.800 44,DOO 4.470 B,313 1,800 44.000 4,470 8,313 86.664 86.664 -15-

Arun Arts Company Lillited IA Company LiHtited By Guarantee Notes To The Financial Statements (contlnuedl For The Yeai Ended 31st August 2023 PREVIOUS YEAR (12 months eKidea 31sl August 20221 4. RESOURCES EXPENDED Notes Unrestt icted Designated Restricted Fund5 Funds Funds Total al Costs of Generating VoluntaLy Income ALAveL Liuitky Lo>Ls 4,753 Marketing and piinting 8.704 4,753 8.704 13,457 b) Charltable Actlvltle5 Theatre Actlvlties Catering Ckkd£i Iy bliOP cusLi Pei£orming rlghts Signage leaniiig Telephone Printing post and stationery IT expense5 Hire 0£ equipment and leasi11g Re16 aIiu Ltnetrali Service charges Lir4ht and heat Rcites to ADC and Le£use Trainln Travelling Mol'or expenses IiiSULdllCeS CoMUl71tY eveiiL Depreciation Salarie5 and NI Voluntee15 exyenseb SLtndry expenses 55,982 34,226 55,982 21027 19.4481 19.448} 2.048 3. 271 10.845 1.334 2.048 3,271 1,334 14,104 2Ji240 16,786 593 8,308 L3£40 16.786 593 8, 308 732 403 560 560 6,171 12.202 136,537 12,202 136, 537 2,771 2,771 326,670 126,670 cl Governance Co8t5 Bdiik Lkici£4e Credit card charges Bcid debts VAT diadllowance Bank intere5L H R Eee5 Independant examinatlori ALLouiILdniy Legdl Eeeb 1,445 11,643 11.643 11828 1.333 2.208 14,82B 1,333 2,208 41,007 41.007

Arun Arts Co•pany LIAlted IA Company Llnlted By Guarantee) Notes To The Flnanclal Stateylents Icontinuea) Foz The Year Ended 31st August 2023 RESTRICTED FUNDS The entiLy held restricted funds at the end of the financial year of £2,220 12022 £2,818). This relates to grants received from Bognor Regis Town Council for signage £1,724 12022 £1.3771 ana dunatioris foi d Qefibrilator £49J (£022 £4411 dtia foi groundwoik 2021 £1,000. It is a legal Iequirement that funds received be used foz the purposes recelved and trubtees can be required personally to repay any monie5 if such fuTids dre used for other purposes. DEBTORS AND PREPAYMENTS DebLors iiiLluaiiig thai in re&tLiLLed I"tAnds. 2023 2022 Trade Debtor5 Prepaymeiits 4, 413 1,109 4.781 2,061 5,522 6,144 CREDITORS AND ACCRUALS AMOUNTS FALLING DUE WITHIN ONE YEAR Unrestricted Restricted Total Fund Fund At? al" Augubt 202J Bdiik loaii Trade credltors Accountancy and audit fees - PerEoIming rigliLb SULiety TaxaLion Theatre receipts received In advance Wage 4,167 12,3251 10, 142 12,3251 10,142 17341 28.563 44.863 44.863 S dL 31bt 3.ur4ubt 2020 Trade creditors Accountancy and audit fees TaAatiot Theatre receipts Ieceived in advance Wages 4.167 10. 329 38,268 97.640 4,1ti7 10,329 97.640 150.404 150.404 CREDITORS AND ACCRUALS AMOUNTS FALLING DUE AFTER ONE YEAR Unrestricted Restricted Total Fund Fund A5 at 31st August 2023 Bank Loan 37.490 As at 31st August 2022 Bank Loan 42.978 42.978 17

Arun Atts copanY Linited (A Company Llmlted By Guarantee) Notes To The Financlal Statement5 (contlnued) For The Year Ended 31st August 2023 STAFF COSTS AND NUMBERS 2023 2022 Gzoss Wages and Salaries Employeis NatiuI&al 1115ufance Cust5 Penslon Coiitributlons 108, 515 6,926 3,661 123, 611 9,3D3 3,623 119.102 136, 537 Employees Who vere engaged in each of the £ollowlng activities: CvbLi 0£ gekie£atiIAy f Utsids/ £'uikd Idl&Éiiy tiviLies in £uitlJerance ol orgaiAlbaLion'i obieLL"b 119.102 Supportinq programmes 136, 537 119,102 13G, 537 The cliarity elltploys a riumbei of unpdid voluiiLeeis. tlle value 0£ any voluntary help is described Iri Lhe directors annual report. No employee received emolLTrments In excess of £60.000. staf£ are paid through the PAYE system. DIRECTORS AND OTHER RELATED PARTIES 2023 2022 Number of Diiectois who ¥ere paid expeiises Total amount paid 10. ACCOUNTING PERIOD These account5 have been dravn up to covez ttrie full year ended 31st August 2023. The compaiitive year vas for the year ended 31st August 2022. 18

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees Arun Arts Company Limited On accounts for the year August 2023 Charity no 1061163 ended (if any) Set out on pages 1 to 20 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31[st] August 2023

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent [The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified Bookkeeper for over 20 Years .

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: Name:		28th February 2024

	Mr David Long

Oct 2018

IER

Relevant professional qualification(s) or body (if any):

Bookkeeper for 20 Years and once with the ICB

Address:

63 Green Farm Close Chesterfield S40 4UQ

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

IER