| Pages | ||
|---|---|---|
| Trustees' Annua I Report |
2to 5 | |
| Independent Examiner's |
Report | Btoe |
| Statement of Financial Activities | 7to 7 | |
| Balance Sheet | Sto8 | |
| Statement ofCash flows | 9to9 | |
| Notes to the Accounts | 11to 21 | |
| Detailed Statement ofFinancial Activities | 22to 24 |
| The Trustees are responsible for preparing the Trustees' annual report and the financial statements |
The Trustees are responsible for preparing the Trustees' annual report and the financial statements |
The Trustees are responsible for preparing the Trustees' annual report and the financial statements |
The Trustees are responsible for preparing the Trustees' annual report and the financial statements |
The Trustees are responsible for preparing the Trustees' annual report and the financial statements |
The Trustees are responsible for preparing the Trustees' annual report and the financial statements |
in |
|---|---|---|---|---|---|---|
| accordance with applicable | law and United Kingdom Generally Accepted Accounting Practice. |
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| Company | law requires | the trustees | to prepare financial statements for which give atrue and fair view of |
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| the state | ofaffairs of | the charitable | company and ofthe incoming resources and application of |
resources, | ||
| including | the income | and expenditure, for the charitable company forthat period. In preparing |
these | |||
| financial | statements, | the trustees are required to: | ||||
| select suitable accounting policies and then apply them |
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| consistently; | ||||||
| observe the methods and pdnciples in the Charities SORP; |
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| make judgements and estimates that are reasonable and |
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| prudent; | ||||||
| state whether applicable UK accounting standards have been |
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| followed, subject to any material departures disclosed and |
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| explained in the financial statements; |
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| prepare the financial statements on the going concern basis |
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| unless it is inappropriate to presume that the charity will |
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| continue in business. |
| Statement o for the year |
fFinancial Activit ended 31March |
ies 2023 |
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|---|---|---|---|---|---|
| Unrestdcted | |||||
| funds | Total funds | Total funds | |||
| 2023 | 2023 | 2022 | |||
| Notes | E | E | f | ||
| Income and | endowments | ||||
| from: | |||||
| Donations | and legacies | 23,272 | 23,272 | 59,535 | |
| Charitable | activities | 626,995 | 626,995 | 572,364 | |
| Other trading activities |
89,215 | 89,215 | 80,887 | ||
| Investments | 3,303 | 3,303 | 120 | ||
| Other | 34,440 | ||||
| Total | 742,785 | 742,785 | 747,346 | ||
| Expenditure | on: | ||||
| Raising funds | 9 | 11,733 | 11,733 | 8,010 | |
| Charitable | activities | 10 | 322,569 | 322,569 | 263,065 |
| Other | 11 | 339,859 | 339,859 | 479,275 | |
| Total | 674,161 | 674,161 | 750,350 | ||
| Net gains on | investments | ||||
| Net income/(expenditure) | 12 | 68,624 | 68,624 | (3,004) | |
| Transfers between funds |
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| Net income/(expenditure) before other gains/(losses) |
68,624 | 68,624 | (3,004) | ||
| Other gains and losses | |||||
| Net movement in funds |
68,624 | 68,624 | (3,004) | ||
| Reconciliation | offunds: | ||||
| Total funds brought forward | 1,609,174 | 1,609,174 | 1,612,178 | ||
| Total funds carried forward | 1,677,798 | 1,677,798 | 1,609,174 |
| Plaza Community Cinema Balance Sheet at 31March 2023 |
Plaza Community Cinema Balance Sheet at 31March 2023 |
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|---|---|---|---|---|
| Company No. 03362182 |
Notes | 2023 | 2022 | |
| 6 | 6 | |||
| Fixed assets | ||||
| Tangible assets | 14 | 928,494 | 862,138 | |
| 928,494 | 862,138 | |||
| Current assets | ||||
| Stocks | 15 | 4,800 | 4,800 | |
| Debtors | 16 | 4,413 | 4,374 | |
| Cash at bank and | in hand | 767,895 | 821,552 | |
| 777,108 | 830,726 | |||
| Creditors: Amount falling due within one year |
17 | (27,804) | (24,330) | |
| Net current assets | 749,304 | 806,396 | ||
| Total assets less current liabilities | 1,677,798 | 1,668,534 | ||
| Creditors: Amounts | falling due after more than one year | 18 | (59,360) | |
| Net assets excluding | pension asset or liability | 1,677,798 | 1,609,174 | |
| Total net assets | 1,677,798 | 1,609,174 | ||
| The funds ofthe charity | ||||
| Restricted funds | 19 | |||
| Unrestricted funds |
19 | |||
| General funds | 266,559 | 321,035 | ||
| Designated funds |
1,411,239 | 1,288,139 | ||
| 1,677,798 | 1,609,174 | |||
| Reserves | 19 | |||
| Total funds | 1,677,798 | 1,609,174 |
| 2023 | 2022 | ||
|---|---|---|---|
| 6 | |||
| Cash flows from operating | activities | ||
| Net income per Statement | ofFinancial Activities | 68,624 | 32,998 |
| Adjustments for: |
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| Depreciation of property, plant and equipment |
58,835 | 29,324 | |
| Dividends, interest and |
rents from investments | (3,303) | (34,560) |
| Increase in stocks |
(4,800) | ||
| Increase in trade and other receivables |
(39) | (4,374) | |
| Increase in trade and other payables |
9,055 | 15,483 | |
| Net cash provided by operating activities |
133,172 | 34,071 | |
| Cash flows from investing | activities | ||
| Payments for property, |
plant and equipment | (125,191) | 233,940 |
| Dividends, interest and |
rents from investments | 3,303 | 34,560 |
| Net cash (used in)/from investing activities |
(121,888) | 268,500 | |
| Cash flows from gnanclng | activities | ||
| Repayment ofborrowings |
(64,941) | 65,242 | |
| Net cash (used in)/from financing activities |
(64,941) | 65,242 | |
| Net (decrease)/increase in |
cash and cash equivalents | (53,657) | 367,813 |
| Cash and cash equivalents | at the beginning ofthe year | 821,552 | 453,739 |
| Cash and cash equivalents | at the end ofthe year | 767,895 | 821,552 |
| Components ofcash and cash equivalents |
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| Cash and bank balances | 767,895 | 821,552 | |
| 767,895 | 821,552 |
| Income | ||||||
|---|---|---|---|---|---|---|
| Recognition | of | Income is included in the Statement ofFinancialActivities (SoFA) when the |
charity | |||
| income | becomes entitled to, and virtually certain to receive, the income and the amount of |
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| the income can be measured with sufficient reliability. |
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| Income with | related | Where income has related expenditure the income and related expenditure |
is | |||
| expenditure | reported gross in the SoFA. | |||||
| Donations | and | Voluntary income received by way ofgrants, donations and gifts is included |
in the | |||
| legacies | the SoFA when receivable and only when the Charity has unconditional |
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| entitlement to the income. |
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| Tax reclaims | on | Income from tax reclaims is included in the SoFA at the same time as the |
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| donations | and | gifts | gift/donation to which it relates. |
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| Donated services | These are only included in income (with an equivalent amount in expenditure) |
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| and facilities | where the benefit to the Charity is reasonably quantifiable, measurable and |
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| material. | ||||||
| Volunteer | help | The value ofany volunteer help received is not included in the accounts. |
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| Investment | income | This is included in the accounts when receivable. |
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| Gains/(losses) | on | This includes any gain or loss resulting from revaluing investments to market |
value | |||
| revaluation | of | fixed | at the end ofthe year. | |||
| assets | ||||||
| Gains/(losses) | on | This includes any gain or loss on the sale of investments. |
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| investment | assets | |||||
| Expenditure | ||||||
| Recognition | of | Expenditure is recognised on an accruals basis. Expenditure includes any VAT |
which | |||
| expenditure | cannot be fully recovered, and is reported as part ofthe expenditure to which |
it | ||||
| relates. | ||||||
| Expenditure | on | These comprise the costs associated with attracting voluntary income, fundraising |
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| raising funds | trading costs and investment management costs. |
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| Expenditure | on | These comprise the costs incurred by the Charity in the delivery ofits activities and |
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| charitable activities |
services in the furtherance of its objects, including the making ofgrants and |
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| governance costs. |
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| Grants payable | All grant expenditure is accounted for on an actual paid basis plus an accrual |
for | ||||
| grants that have been approved by the trustees at the end ofthe year but not yet |
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| paIcl. | ||||||
| Governance | costs | These include those costs associated with meeting the constitutional and statutory |
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| requirements ofthe Charity, including any audit/independent examination fees, |
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| costs linked to the strategic management ofthe Charity, together with a share of |
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| other administration costs. |
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| Other expenditure | These are support costs not allocated to a particular activity. |
| 3 Statement ofFinancial |
Activities - prior year | |||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Total funds | |||
| 2022 | 2022 | |||
| Income and endowments | from: | |||
| Donations and legacies |
59,535 | 59,535 | ||
| Charitable activities |
572,364 | 572,364 | ||
| Other trading activities | 80,887 | 80,887 | ||
| Investments | 120 | 120 | ||
| Other | 34,440 | 34,440 | ||
| Total | 747,346 | 747,346 | ||
| Expenditure on: | ||||
| Raising funds | 8,010 | 8,010 | ||
| Charitable activities |
263,065 | 263,065 | ||
| Other | 479,273 | 479,273 | ||
| Total | 750,348 | 750,348 | ||
| Net income | (3,002) | (3,002) | ||
| Transfers between funds |
36,000 | 36,000 | ||
| Net income before other | ||||
| gains/(losses) | 32,998 | 32,998 | ||
| Other gains and losses: | ||||
| Net movement in funds |
32,998 | 32,998 | ||
| Reconciliation offunds: |
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| Total funds brought forward | 1,576,178 | 1,576,178 | ||
| Total funds carried forward | 1,609,176 | 1,609,176 | ||
| 4 Income from donations |
and legacies | |||
| Unrestricted | Total | Total | ||
| 2023 | 2022 | |||
| Grants and Donations | 15,982 | 15,982 | 55,067 | |
| Other Fundraising Events |
7,290 | 7,290 | 4,468 | |
| 23,272 | 23,272 | 59,535 |
| Unrestricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| 6 | |||||||
| Commercial | Cinema | 412,352 | 412,352 | 343,047 | |||
| Kiosk Income | 206,764 | 206,764 | 197,218 | ||||
| Arts!t Education | 7,879 | 7,879 | 32,099 | ||||
| 626,995 | 626,995 | 572,364 | |||||
| 6 | Income from | other trading activities | |||||
| Unrestricted | Total | Total | |||||
| 2023 | 2022 | ||||||
| 6 | |||||||
| Advertising | Income | 27,689 | 27,689 | 18,149 | |||
| Shop Income | 50,225 | 50,225 | 53,173 | ||||
| 100Club | 5,891 | 5,891 | 6,179 | ||||
| Thursday | Bingo | 5,410 | 5,410 | 3,386 | |||
| 89,215 | 89,215 | 80,887 | |||||
| 7 | Income from | investments | |||||
| Unrestricted | Total | Total | |||||
| 2023 | 2022 | ||||||
| Interest Receivable | 3,303 | 3,303 | 120 | ||||
| 3,303 | 3,303 | 120 | |||||
| 8 | Other income | ||||||
| Total | Total | ||||||
| 2023 | 2022 | ||||||
| Coronavirus | Job Retention | 34,440 | |||||
| Scheme | |||||||
| 34,440 |
| Unrestdicted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||
| Casts ofgenerating | voluntary | |||||||
| income | ||||||||
| Other Fundraising | Events | 2,876 | 2,876 | 300 | ||||
| Fundraising trading |
costs | |||||||
| Shop Income | 6,967 | 6,967 | 6,330 | |||||
| 100Club | 1,890 | 1,890 | 1,380 | |||||
| 11,733 | 11,733 | 8,010 | ||||||
| 10 | Expenditure on charitable |
activities | ||||||
| Unrestricted | Total | Total | ||||||
| 2023 | 2022 | |||||||
| E | ||||||||
| Expenditure on charitable |
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| activi ties | ||||||||
| CommercialCinema | 215,043 | 215,043 | 190,022 | |||||
| Kiosk Income | 92,376 | 92,376 | 73,043 | |||||
| Arts &Education | 15,150 | 15,150 | ||||||
| Governance costs |
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| 322,569 | 322,569 | 263,065 | ||||||
| 11 | Other expenditure | |||||||
| Unrestricted | Total | Total | ||||||
| 2023 | 2022 | |||||||
| Bank loan and overdraft | 15 | 15 | 289 | |||||
| interest payable | ||||||||
| Employee costs | 225,414 | 225,414 | 224,960 | |||||
| Motor and travel costs | 1,861 | |||||||
| Premises costs | 22,085 | 22,085 | 138,983 | |||||
| Amortisation, depreciation, |
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| impairment, profit/loss |
on | 58,835 | 58,835 | 58,923 | ||||
| disposal offixed assets | ||||||||
| General administrative | costs | 27,277 | 27,277 | 43,952 | ||||
| Legal and professional | costs | 6,233 | 6,233 | 10,307 | ||||
| 339,859 | 339,859 | 479,275 | ||||||
| 12 | Net income/(expenditure) | before transfers | ||||||
| 2023 | 2022 | |||||||
| This is stated after charging: | f | E | ||||||
| Depreciation ofowned |
fixed | assets | 58,835 | 58,923 |
| Plaza Community | Cinema | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes to the Accounts | |||||||||
| 13 Staff costs | |||||||||
| 2023 | 2022 | ||||||||
| Salaries and | wages | 207,576 | 209,289 | ||||||
| Social security | costs | 11,077 | 9,542 | ||||||
| Pension costs | 2,778 | 2,676 | |||||||
| 221,431 | 221,507 | ||||||||
| No employee | received | emoluments | in excess | off60,000. | |||||
| 14 Tangible fixed | assets | ||||||||
| Assets | |||||||||
| Land and buildings |
Fixtures Ik Fittings |
Equipment | Under Developmen |
Total | |||||
| t | |||||||||
| E | |||||||||
| Cost or revaluation | |||||||||
| At 1April 2022 | 614,861 | 631,590 | 207,785 | 56,745 | 1,510,981 | ||||
| Additions | 125,191 | 125,191 | |||||||
| At 31March | 2023 | 614,861 | 631,590 | 207,785 | 181,936 | 1,636,172 | |||
| Depreciation | and | ||||||||
| impairment | |||||||||
| At 1April 2022 | 228,253 | 263,539 | 157,051 | 648,843 | |||||
| Depreciation | charge forthe | 18,594 | 29,599 | 10,642 | 58,835 | ||||
| year | |||||||||
| At 31March | 2023 | 246,847 | 293,138 | 167,693 | 707,678 | ||||
| Net book values | |||||||||
| At 31March | 2023 | 368,014 | 338,452 | 40,092 | 181,936 | 928,494 | |||
| At31March | 2022 | 386,608 | 368,051 | 50,734 | 56,745 | 862,138 | |||
| 15 Stocks | |||||||||
| 2023 | 2022 | ||||||||
| f | E | ||||||||
| Finished goods | 4,800 | 4,800 | |||||||
| 4,800 | 4,800 | ||||||||
| Carrying value | analysed | by activities | 2023 | 2022 | |||||
| E | E | ||||||||
| Kiosk Income | 4,800 | 4,800 | |||||||
| 4,800 | 4,800 | ||||||||
| 16 Debtors | |||||||||
| 2023 | 2022 | ||||||||
| E | f | ||||||||
| Prepayments | and accrued income | 4,413 | 4,374 | ||||||
| 4,413 | 4,374 |
| 17 | Creditors: | Creditors: | |||||||
|---|---|---|---|---|---|---|---|---|---|
| amounts falling due |
within one | year | |||||||
| 2023 | 2022 | ||||||||
| f | f | ||||||||
| Otherloans | 300 | 5,881 | |||||||
| Trade creditors | 7,832 | 8,283 | |||||||
| Other taxes and social security | 16,016 | 6,560 | |||||||
| Other creditors | 620 | 641 | |||||||
| Accruals | 3,036 | 2,965 | |||||||
| 27,804 | 24,330 | ||||||||
| 18 | Creditors: | ||||||||
| amounts falling due |
after more | than | one year | ||||||
| 2023 | 2022 | ||||||||
| f | |||||||||
| Otherloans | 59,360 | ||||||||
| 59,360 | |||||||||
| 19 | Movement | in funds | |||||||
| Incoming | |||||||||
| resources | At 31 | ||||||||
| Resources | Gross | ||||||||
| At | 1April | (including other |
expended | transfers | March 2023 |
||||
| 2022 | gains/losses) | ||||||||
| Restricted funds: | |||||||||
| Unrestricted | funds: | ||||||||
| General funds | 321,035 | 742,785 | (674,161) | (123,100) | 266,559 | ||||
| Designated | funds: | ||||||||
| Fixed Asset | Fund | 805,394 | 123,100 | 928,494 | |||||
| Building Restoration | Fund | 446,745 | 446,745 | ||||||
| The Mighty | Wurlitzer | ||||||||
| Restoration | Fund | 36,000 | 36,000 | ||||||
| Total | 1,288,139 | 123,100 | 1,411,239 | ||||||
| Total funds | 1,609,174 | 742,785 | (674,161) | 1,677,798 |
| Analysis o | fnet assets | between funds | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total | ||||||
| funds | |||||||
| f | |||||||
| Fixed assets | 928,494 | 928,494 | |||||
| Net current assets | 749,304 | 749,304 | |||||
| 1,677,798 | 1,677,798 | ||||||
| Reconciliation ofnet | debt | ||||||
| At 31 | |||||||
| At 1April | March | ||||||
| 2022 | Cash flows | 2023 | |||||
| f | f | ||||||
| Cash and cash equivalents | 821,552 | (53,657) | 767,895 | ||||
| 821,552 | (53,657) | 767,895 | |||||
| Borrowings | (65,241) | 64,941 | (300) | ||||
| (65,241) | 64,941 | (300) | |||||
| Net debt | 756,311 | 11,284 | 767,595 | ||||
| Commitments | |||||||
| Operating | lease commitments | ||||||
| Annual commitments | under non-cancellable | operating | leases are as follows: | ||||
| 2023 | 2023 | 2022 | 2022 | ||||
| Land | and | land and | |||||
| Other | Other | ||||||
| buildings | buildings | ||||||
| f | f | ||||||
| Operating | leases with | expiry date: | |||||
| Pension commitments | |||||||
| 2023 | 2022 | ||||||
| f | f | ||||||
| The pension cost charge tothe company | |||||||
| amounted | to: | 2,778 | 2,676 |