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## **SCARABEUS THEATRE**
## **(A registered charity and company limited by guarantee)**
## **DIRECTORS’ AND TRUSTEES’ REPORT AND ACCOUNTS**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
**Company No: 03319939 Charity No: 1063689**
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**SCARABEUS THEATRE (A registered charity and company limited by guarantee)**
## **REPORT AND ACCOUNTS**
## **CONTENTS**
||**Page**|
|---|---|
|**Directors’ and Trustees’ Report**|**2 – 6**|
|**Report of the Independent Examiner**|**7**|
|**Statement of Financial Activities**|**8**|
|**Balance Sheet**|**9**|
|**Notes to the Accounts**|**10 – 21**|
**1**
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**SCARABEUS THEATRE**
## **(A registered charity and company limited by guarantee)**
## **DIRECTORS’ AND TRUSTEES’ REPORT**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
The trustees are pleased to present their annual directors’ report together with the financial statements of the charity for the year ended 31st March 2022, which are also prepared to meet the requirements for a directors’ report and Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statements of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OUR PURPOSE AND ACTIVITIES**
The main objects of the charity are to promote, maintain, improve and advance education primarily through the dramatic arts.
Scarabeus mission statements says:
- be artistically adventurous, push boundaries and nurture creativity and innovation;
- challenge and connect with our audiences through bold, inspiring aerial performances that interpret urgent contemporary issues;
- increase self-confidence and encourage a positive sense of community among children, young people and families.
Over 600 children, young people and adults took part in our participation activities which are offered free of charge to individuals and at very low cost to schools thereby enabling the participants to engage in arts activities they would normally not be able to enjoy. All the schools we work with have a large intake of children and young people from disadvantaged backgrounds. Scarabeus regards itself as a catalyst towards social cohesion and change with a transformational impact on people’s lives. We are committed to provide innovative and excellent participatory opportunities, through performances, residencies and workshops in schools and community settings, focusing mainly on disadvantaged children, young people and their families. We are contributing to fostering a new generation of artists, inspiring creativity, wellbeing and self-confidence.
## **Achievements and Performance**
We started the year with making a film with our young people from our Take Flight programme funded by the Mayor of London’s Young Londoners fund, a programme we have managed to keep running throughout the Covid-10 pandemic despite various lockdowns and restrictions.
The film titled Our House is on Fire is about climate change and social action. The project was commissioned by Jacksons Lane Theatre as part of The National Lottery’s 25th anniversary celebrations. It was originally planned as live performance but was adapted into a film as lockdown restrictions kept changing. The film was released by Jacksons Lane Theatre in August 2021.
In the Summer term of 2021, we managed to deliver a large and ambitious project, A Child of Stories, in a primary school involving 60 children, which resulted in a film created by the children. All activities had to take part outdoor because of Covid-19 restrictions. The film was shared through the schools website and our social media platforms and attracted over 1000 views.
We also conducted workshops with 6 families as well as with a group of young trans people in collaboration with Gendered Intelligence.
We continued to conduct research towards a new performance project, Emerging, about gender issues affecting young people and their families. We released a film trailer in June 21, which was used to promote the project for further funding. The research will continued throughout 2021 and a performance is planned to tour in 2022. We are pleased to announce that in April 2022 we were awarded funding from The Arts Council and The Foyle Foundation towards the production and tour.
**2**
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**SCARABEUS THEATRE**
## **(A registered charity and company limited by guarantee)**
## **DIRECTORS’ AND TRUSTEES’ REPORT**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
In April 2021 we were awarded a 3-year grant to deliver Flying into Physics from John Lyons Charity. This was the first of a number of grants from other trust and foundations towards this project; we have received a 3-year grant from The Portal Trust and also a 3-year grant from the Armourers & Brasiers’ Gauntlet Trust as well as grant awards from Garfield Weston Foundation, The Ogden Trust, the AG Manly Trust and The Vintners Foundation, which meant our funding target for Flying into Physics for 21/22 was fully met. During the Autumn of 2021 we devised a ‘Covid-safe’ version where the children are not directly involved. It is a demonstration version which will still demonstrate the science curriculum in an exciting and engaging way. In October 21 we delivered the first sessions of our Flying into Physics programme after lockdown in a primary school in Brent. In Spring 2022 we delivered the demonstration version to 2 schools and In Summer 2022 we did our best to compensate for the low activity in previous terms and delivered both the demonstration version and also the original practical version to 7 different schools in the boroughs of Islington, Brent and Barnet with a total of 270 children.
We also produced 3 short videos demonstrating the concepts of the Flying into Physics programme, which can be used by teachers either in conjunction with workshops in schools or as a resource to be used independently from the programme.
We will continue to deliver the programme in schools in the boroughs of Islington, Barnet, Brent as well as Hammersmith and Fulham in 2022 and 2023.
We applied to and were awarded recovery funding from the Arts Council for the 21/22 financial year. We were awarded a 3-year grant from The National Lottery Community Fund for our Flying Families, the second time we receive this award and this time round the grant included funding towards the purchase of a mild hybrid van to replace our existing van which is now subject to the ULEZ charge in London. Together with a grant from the Morris Charitable Trust the target was met, and the van was purchased in April 2021. We started to roll out the programme in Spring 2022 with a local school and had 20 families involved with a total of 56 adults and children. We continued in the summer term and will be rolling out the programme with 1 school per term over the next 3 years.
## **Public benefit statement**
In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PD2). The achievements and activities above demonstrate the public benefit arising through the Charity’s activities.
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**SCARABEUS THEATRE**
**(A registered charity and company limited by guarantee)**
## **DIRECTORS’ AND TRUSTEES’ REPORT (Cont/d)**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **FINANCIAL REVIEW**
The Statement of Financial Activities showed net surplus of £30,408 (2021 - £18,262) for the year and reserves stand at £134,383 (2021 - £103,975). The financial position at the year revealed by the Balance Sheet on page 9 shows net current assets or working capital of £133,782 (2021 – £103,174). The net book value of fixed assets held, all of which are used directly for charitable purposes, amounted to £601 (2021 – £801).
## **Investment powers and policy**
The Memorandum and Articles of Association authorises the Trustees to expend the funds of the Charity in such manner as they shall consider most beneficial for the achievement of the objects and to invest in the name of the Charity such part of the funds as they may see fit and to direct the sale or transposition of any such investments and to expend the proceeds of any such sale in furtherance of the objects of the charity. Currently the Charity has no investments.
## **Reserves policy**
The charity aim to hold a reserve £30,000 which is the equivalent of 3 months running costs. The reserves policy as agreed by Trustees is designed to reflect the underlying risks facing the charity and to ensure that the charity has an appropriate level of reserves to safeguard its day to day operations from disruption at short notice due to a lack of available funds.
As at the year-end accounts showed reserves of £134,383 (2020 - £103,975), of which £110,494 (2021 - £65,699) was restricted. The unrestricted funds not designated or invested in tangible fixed assets held by the charity are £23,288 (2021 - £37,475).
## **Future plans**
We are rolling out our education programme Flying into Physics which has reached the funding target for this financial year and has secured long term funding equivalent to 2/3 of the target for year 2 & 3. We have received a 3 year funding award from the National Lottery for our Flying Families which will start delivery in January 2022. Our Take Flight youth programme funded by The Mayor of London will continue until Autumn 2022. We are fundraising for a new production Emerging which will go into rehearsals in August 2022 and will be touring in Autumn 2022 and Spring 2023.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
Scarabeus Theatre is registered under the Companies Act 1985 as a company limited by guarantee and not having a capital divided by shares.
The company was incorporated in 18 February 1997 and is a registered charity constituted as a limited company under the Memorandum and Articles of Association. The charity registration number is 1063689 and the company registration number is 03319939.
## **Recruitment and appointment of Trustees**
The Directors of the organisation are also the charity trustees for the purposes of charity law. Appointment as member is by ballot of the existing members.
The Trustees have no beneficial interest in the company other than as members. All of the Trustees are members of the company and guarantee to contribute £1 in the event of winding up. The Board has the power to appoint additional Directors.
## **Trustee induction and training**
The Trustees maintain a good working knowledge of charity and company law and best practise by attendance at charity and company courses run by outside providers. New Trustees are given copies of the Memorandum and Articles of Association.
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**SCARABEUS THEATRE**
**(A registered charity and company limited by guarantee)**
## **DIRECTORS’ AND TRUSTEES’ REPORT (Cont/d)**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **Organisation**
A Board of Trustees, who meet quarterly, administers the charity. The two Directors and other staff members are appointed by the Trustees to manage the day-to-day operations of the Charity.
The day-to-day decisions are made by the Artistic Director and the Executive Director.
## **Related parties**
The charity does not have relationships with related parties and other charities and organisations with which it cooperates in pursuit of its charitable objectives.
## **Risk Management**
The trustees have a risk management strategy which comprises:
- A regular review of the risks the charity may face, at the quarterly board meetings, where and up-to-date cashflow statement is presented;
- The establishment of systems and procedures to mitigate any risks identified;
- Implementation of procedures designed to minimise any potential impact on the charity should those risks materialise.
- Produce policies to comply with current regulations concerning Health and Safety, data protection, child protection etc.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Company Number:** 03319939
**Charity Number:** 1063689 **Directors** / **Trustees** Julia Fitzelle (Chair) Donatella Torsello John Simon Hinde Kathryn Emma Frances Donelly Deborah Sharon Mullins Andrew John Young – appointed on 13 July 2021 Tanuja Pandit - resigned on 07/11/2020
**Secretary:**
S Nielsen
**Senior Management Personal:** Daniela Essart - Artistic director **Registered Office: Independent Examiner:** Mr Samir Shah, Ramon Lee Ltd, 93 Tabernacle Street, London EC2A 4BA **Bankers:**
Caxton House Community Centre, 129 St John’s Way, London N19 3RQ
Unity Trust Bank plc, Nine Brindley place, Birmingham, B1 2HB NatWest Bank, Victoria, PO Box 1357, London SW1E 5NA
**5**
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**SCARABEUS THEATRE**
## **(A registered charity and company limited by guarantee)**
## **DIRECTORS’ AND TRUSTEES’ REPORT (Cont/d)**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **Trustees’ responsibilities in relation to the financial statement**
The Trustees (who are also directors of Scarabeus Theatre for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure for that period.
In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
## **APPROVED BY THE TRUSTEES AND SIGNED ON THEIR BEHALF BY:**
**JULIA FITZELLE CHAIR 15[TH ] DECEMBER 2022**
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**INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF**
## **SCARABEUS THEATRE**
## **(A registered charity and company limited by guarantee)**
I report to the charity trustees on my examination of the accounts of the company for the year ended 31[st] March 2022.
## **Respective responsibilities and basis of report**
As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:
- accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
- the accounts do not accord with such records; or
- the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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; or
- the accounts have not been prepared in accordance with the Charities SORP (FRS102).
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.
**SAMIR SHAH RAMON LEE LTD CHARTERED ACCOUNTANT 93 TABERNACLE STREET LONDON EC2A 4BA**
## **15[TH ] DECEMBER 2022**
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**(A registered charity and company limited by guarantee)**
## **SCARABEUS THEATRE**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **SUMMARY INCOME AND EXPENDITURE ACCOUNT**
|**Notes**
**Income**
Donations
2
Income from charitable activities:
Grants and donations
3
Peformance, tour and contract income
4
Other trading activities
5
Investment income
6
**Total income**
**Expenditure**
Cost of raising funds
7
Charitable activities
7
**Total expenditure**
**movement in funds for the year**
_Reconciliation of funds_
Total funds, brought forward
**Total funds, carried forward**|**Unrestricted**
**Funds**
**£**
387
-
42,035
311
87
**42,820**
8,190
49,017
**57,207**
(14,387)
38,276
23,889|**Restricted**
**Funds**
**£**
-
209,947
-
-
-
**209,947**
-
165,152
**165,152**
44,795
65,699
110,494|**Total**
**2022**
**£**
387
209,947
42,035
311
87
**252,767**
8,190
214,169
**222,359**
30,408
103,975
134,383|**Total**
**2021**
**£**
312
173,935
9,000
-
77|
|---|---|---|---|---|
|||||**183,324**|
|||||13,264
151,798|
|||||**165,062**|
|||||18,262
85,713|
|||||103,975|
## **CONTINUING OPERATIONS**
None of the company's activities were acquired or discontinued during the above two financial periods.
## **TOTAL RECOGNISED GAINS AND LOSSES**
The company has no recognised gains or losses other than the above movement in funds for the above two financial periods.
The notes on pages 10 to 21 form part of these accounts.
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## **SCARABEUS THEATRE**
## **(A registered charity and company limited by guarantee)**
## **BALANCE SHEET AS AT 31ST MARCH 2022**
|**Notes**
**Fixed assets**
Tangible fixed assets
11
**Current assets**
Debtors
12
Cash at bank and in hand
**Liabilities**
Creditors falling due within one year
13
**Net current assets**
**Net assets**
**The funds of the charity:**
Unrestricted funds
14
Restricted funds
14
**Total charity funds**|**£**
1,697
152,137
153,834
(20,512)|**2022**
**£**
**£**
601
2,855
107,523
110,378
(7,204)
133,782
**134,383**
23,889
110,494
**134,383**|**2021**
**£**
801
103,174|
|---|---|---|---|
||||**103,975**
38,276
65,699|
||||**103,975**|
For the financial year ended 31[st] March 2022 the company was entitled to exemption from audit under section 477 Companies Act 2006. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these financial statements under the requirements of the Companies Act 2006.
The directors acknowledged their responsibilities for ensuring that the company keeps accounting records which comply with Section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit or loss for the financial period in accordance with the requirements of Section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as is applicable to the company.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime within Part 15 of the Companies Act 2006.
These financial statements were approved by the Board of Directors and Trustees on 15[th] December 2022 and were signed on its behalf by:
…………………………………………………………. **Julia Fitzelle (Chair)**
**Company Number 03319939**
The notes on pages 10 to 21 form part of these accounts.
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**SCARABEUS THEATRE**
## **(A registered charity and company limited by guarantee)**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **1. ACCOUNTING POLICIES**
## **1.1 Basis of preparation of accounts**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Scarabeus Theatre meets the definition of a public benefit entity under FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
## **1.2 Preparation of accounts on a going concern basis**
The Charity’s Financial Statements show net income of £30,408 for the year and free reserves of £23,288 as at the year end. The trustees are of the view that these results and fundraising plans for the future have secured the immediate future of the Charity for the next 12 to 15 months and on this basis the Charity is a going concern.
## **1.3 Income recognition**
Income is recognised when the Charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and amount can be measured reliably.
- (a) Income received by donations is included in full in the Statement of Financial Activities when received, unless they relate to a specified future period, in which case they are deferred.
- (b) Income from charitable activities received by way of revenue grants and donations are credited to restricted incoming resources on the earlier date of when they are received or when they are receivable, unless they relate to a specified future period, in which case they are deferred.
- (c) Grants and donations of general nature which are not conditional on delivering certain levels of service are included as part of Donations as shown under note 2. Performance related grants and donations which have conditions for a specific outcome are included as Income from Charitable Activities as shown in Note 3.
- (d) Income from charitable activities includes income recognised as earned (as the related goods and services are provided) under contract.
- (e) Investment income is recognised on a receivable basis.
## **1.4 Volunteers and donated services and facilities**
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably in accordance with the Charities SORP (FRS 102).
On receipt, donated professional services, donated facilities and goods are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
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**SCARABEUS THEATRE**
## **(A registered charity and company limited by guarantee)**
## **NOTES TO THE ACCOUNTS (Cont/d)**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **1.5 Expenditure recognition and irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Expenditure is classified under the following activity headings:
- (a) Cost of raising funds comprises costs of seeking donations and their associated support costs.
- (b) Expenditure on charitable activities includes the costs directly associated with running dramatic arts productions and programmes, to further the purposes of the Charity and their associated support costs.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **1.6 Allocation of support costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, payroll and governance costs which support the Trust’s programmes and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The basis on which support costs have been allocated are set out in note 7.
## **1.7 Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of charity.
Restricted funds are donations which the donor has specified are to be solely used for particular areas of the Charity’s work or for specific projects being undertaken by the Charity.
## **1.8 Tangible fixed assets and depreciation**
Tangible fixed assets (excluding investments) are stated at cost less depreciation. Depreciation is provided at rates calculated to write of the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures, fittings and equipment - 25% on cost Motor vehicle - 25% on net book value
## **1.9 Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **1.10 Cash at bank and in hand**
Cash at bank and in hand includes cash and short term cash deposits.
## **1.11 Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
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**SCARABEUS THEATRE**
**(A registered charity and company limited by guarantee)**
## **NOTES TO THE ACCOUNTS (Cont/d)**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **1.12 Financial instruments**
The Trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **1.13 Taxation**
The Charity is a registered charity and, therefore, is not liable for Income Tax or Corporation Tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.
## **1.14 Judgement and key sources of estimation uncertainty**
In the application of the company’s accounting policies, the charity is required to make judgments, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underling assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **1.15 Cash flow statement**
The charitable company qualifies as a small company and advantage has been taken of the exemption provided by SORP (FRS 102) as amended by Bulletin 1, not to prepare a cash flow statement.
## **2. DONATIONS**
|Donations|**Unrestricted**
**Funds**
**£**
387
387|**Restricted**
**Funds**
**£**
-
-|**Total**
**Total**
**2022**
**2021**
**£**
**£**
387
312
387
312|
|---|---|---|---|
Donations in 2021 totalling £312 were attributed to unrestricted funds.
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## **SCARABEUS THEATRE**
## **(A registered charity and company limited by guarantee)**
## **NOTES TO THE ACCOUNTS (Cont/d)**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **3. GRANTS AND DONATIONS – INCOME FROM CHARITABLE ACTIVITIES**
|**_Dramatic arts:_**
The Manly Trust
The Ogden Trust
John Lyons Chaity
Arts Council England
Garfield Weston Foundation
Morris Charitable
The Portal Trust
GLA Young Londoners Fund
Armourers and Brasiers’ Gauntlet Trust
Big Lottery Fund
The Vintner's Company
London Community Response Fund
COOP Community Grant
Paul Hamlyn Foundation
Donations in kind|**Unrestricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Restricted**
**Funds**
**£**
3,400
2,500
30,000
53,042
6,904
5,000
10,000
22,602
3,000
68,499
5,000
-
-
-
-
209,947|**Total**
**2022**
**£**
3,400
2,500
30,000
53,042
6,904
5,000
10,000
22,602
3,000
68,499
5,000
-
-
-
-
209,947|**Total**
**2021**
**£**
-
-
-
21,000
-
-
-
23,331
-
43,325
-
53,167
5,612
20,000
7,500|
|---|---|---|---|---|
|||||173,935|
Grants and donations in 2021 totalling £173,935 was attributed to unrestricted funds of £27,500 and restricted funds of £146,435.
The charity is indebted to the following individuals and organisations for providing free services and venues. The income equivalents are recognised within income as donations, and corresponding charges included within expenditure as direct costs.
**13**
DocuSign Envelope ID: A94864D7-59D4-44F4-B039-70C5A763FAEBDocuSign Envelope ID: CE59E5A3-753E-431B-9A1E-E34A654587B4
## **SCARABEUS THEATRE**
## **(A registered charity and company limited by guarantee)**
## **NOTES TO THE ACCOUNTS (Cont/d)**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **4. PERFORMANCE, TOUR AND CONTRACT INCOME**
|The Lowry
Keys Meadow
Graeme Clint
Eventplanners
Young Actors Theatre Islington
Sara Alexandre Fernandes
Mimbre Ltd
Lucy Whitehead
Jacksons Lane
**5.**
**OTHER TRADING INCOME**
Van reimbursement
Other income
**6.**
**INVESTMENT INCOME**
Bank Interest|**Unrestricted**
**Funds**
**£**
21,000
19,275
65
250
1,240
65
75
65
-
42,035
**Unrestricted**
**Funds**
**£**
100
211
311
**Unrestricted**
**Funds**
**£**
87
87|**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
-
**Restricted**
**Funds**
**£**
-
-
-
**Restricted**
**Funds**
**£**
-|**Total**
**2022**
**£**
21,000
19,275
65
250
1,240
65
75
65
-
42,035
**Total**
**2022**
**£**
100
211
311
**Total**
**2022**
**£**
87
87|**Total**
**2021**
**£**
-
-
-
-
-
-
-
-
9,000|
|---|---|---|---|---|
|||||9,000
**Total**
**2021**
**£**
-
-|
|||||-
**Total**
**2021**
**£**
77|
|||||77|
Other income in 2021 totalling £77 were attributed to unrestricted funds.
**14**
DocuSign Envelope ID: A94864D7-59D4-44F4-B039-70C5A763FAEBDocuSign Envelope ID: CE59E5A3-753E-431B-9A1E-E34A654587B4
## **SCARABEUS THEATRE**
## **(A registered charity and company limited by guarantee)**
## **NOTES TO THE ACCOUNTS (Cont/d)**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **7. ANALYSIS OF EXPENDITURE**
|**ANALYSIS OF EXPENDITURE**|||||
|---|---|---|---|---|
|Salaries, subcontractors and expenses
Marketing and promotional costs
Travelling and motor expenses
Other direct costs
Support costs (Note 8)
Governance costs (Note 8)|**Raising**
**Funds**
**£**
7,500
-
-
-
638
38
8,176|**Dramatic**
**Arts**
**£**
165,470
1,463
2,988
11,140
31,241
1,882
214,183|**Total**
**2022**
**£**
172,970
1,463
2,988
11,140
31,878
1,920
222,359|**Total**
**2021**
**£**
116,568
79
2,159
24,040
20,296
1,920|
|||||165,062|
Of the £222,359 expenditure in 2022 (2021 - £165,062), £57,207 was charged to unrestricted funds (2021 - £32,277) and £165,152 to restricted funds (2021 - £132,785).
## **8. ANALYSIS OF SUPPORT AND GOVERNANCE COSTS**
The Charity initially identifies the costs of its support functions. It then identifies those costs which relate to the governance function. Governance costs and other support costs are apportioned separately between the charity’s key activities undertaken (see note 6) in the year. All the general support and governance costs have been apportioned to the various charitable activities on the basis of proportion of direct costs allocated to each activity.
|Premises costs
Communication and IT costs
Legal and professional costs
Insurance
Depreciation
Sundry expenses
Independent examiner's fee|**Support**
**costs**
**£**
6,000
3,070
12,229
5,209
200
5,170
-
31,878|**Governance**
**costs**
**£**
-
-
-
-
-
-
1,920
1,920|**Total**
**2022**
**£**
6,000
3,070
12,229
5,209
200
5,170
1,920
33,798|**Total**
**2021**
**£**
9,094
3,813
580
4,590
267
1,952
1,920|
|---|---|---|---|---|
|||||22,216|
**15**
DocuSign Envelope ID: A94864D7-59D4-44F4-B039-70C5A763FAEBDocuSign Envelope ID: CE59E5A3-753E-431B-9A1E-E34A654587B4
## **SCARABEUS THEATRE**
## **(A registered charity and company limited by guarantee)**
## **NOTES TO THE ACCOUNTS (Cont/d)**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **9. NET INCOME/(EXPENDITURE) FOR THE YEAR**
This is stated after charging:
|Independent Examination
Depreciation|**Total**
**2022**
**£**
1,920
200
2,120|**Total**
**2021**
**£**
1,920
267|
|---|---|---|
|||2,187|
## **10. ANALYSIS OF STAFF COSTS, TRUSTEES REMUNERATION AND EXPENSES, AND COST OF KEY MANAGEMENT PERSONNEL**
|**MANAGEMENT PERSONNEL**|||
|---|---|---|
|**STAFF COSTS**
Salaries
National Insurance
Pension Contributions|**Total**
**2022**
**£**
69,717
3,078
-
72,795|**Total**
**2021**
**£**
22,600
-
-|
|||22,600|
The average monthly number of persons employed by the charity during the year was 2.1 (2021 – 3)
No employee had employee benefits in excess of £60,000 (2021 - £nil).
No Trustee received any remuneration during the year (2021 - £nil). No Trustees received reimbursed expenses during the year (2021 - £nil).
**16**
DocuSign Envelope ID: A94864D7-59D4-44F4-B039-70C5A763FAEBDocuSign Envelope ID: CE59E5A3-753E-431B-9A1E-E34A654587B4
## **SCARABEUS THEATRE**
## **(A registered charity and company limited by guarantee)**
## **NOTES TO THE ACCOUNTS (Cont/d)**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **11. TANGIBLE FIXED ASSETS**
|**TANGIBLE FIXED ASSETS**|||||
|---|---|---|---|---|
|**NET BOOK VALUES**
Fixures, fittings and equipment
Motor vehicle
**MOVEMENTS IN YEAR**
**Cost or valuation**
Fixures, fittings and equipment
Motor vehicle
**Depreciation**
Fixures, fittings and equipment
Motor vehicle|**Opening**
**Balances**
**£**
32,028
7,995
40,023
**Opening**
**Balances**
**£**
32,027
7,195
39,222|**Additions**
**£**
-
-
-
**Charge**
**For Year**
**£**
-
200
200|**2022**
**£**
1
600
601
**Disposals**
**£**
-
-
-
**Disposals**
**£**
-
-
-|**2021**
**£**
1
800|
|||||801
**Closing**
**Balances**
**£**
32,028
7,995|
|||||40,023
**Closing**
**Balances**
**£**
32,027
7,395|
|||||39,422|
## **12. DEBTORS**
|Prepayments
Trade Debtors|**Total**
**2022**
**£**
1,632
65
1,697|**Total**
**2021**
**£**
2,855
-|
|---|---|---|
|||2,855|
**17**
DocuSign Envelope ID: A94864D7-59D4-44F4-B039-70C5A763FAEBDocuSign Envelope ID: CE59E5A3-753E-431B-9A1E-E34A654587B4
## **SCARABEUS THEATRE**
## **(A registered charity and company limited by guarantee)**
## **NOTES TO THE ACCOUNTS (Cont/d)**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **13. CREDITORS: amounts falling due within one year**
|Salary
Taxation and social security
Accruals
Deferred Income (Note 16)|**Total**
**2022**
**£**
45
1,805
15,105
3,096
20,052|**Total**
**2021**
**£**
-
879
6,325
-|
|---|---|---|
|||7,204|
## **14. MOVEMENT IN FUNDS**
|**Balance as**
**at 01.04.21**
**£**
**Restricted funds:**
The Manly Trust
-
The Ogden Trust
-
John Lyons Chaity
-
Garfield Weston Foundation
-
Morris Charitable
-
The Portal Trust
-
Armourers and Brasiers’ Gauntlet
Trust
-
The Vintner's Company
-
Arts Council England
-
London Community Response Fund
30,133
Big Lottery Fund
16,825
GLA Young Londoners Fund
18,741
65,699
**Unrestricted funds:**
General funds
38,276
Total funds
103,975|**Income**
**Expenditure**
**£**
**£**
3,400
-
2,500
-
30,000
15,552
6,904
4,870
5,000
-
10,000
5,200
3,000
1,450
5,000
-
53,042
53,042
-
30,133
68,499
27,465
22,602
27,440
209,947
165,152
42,820
57,207
252,767
222,359|**Balance as**
**Transfer**
**at 31.03.22**
**£**
**£**
-
3,400
-
2,500
-
14,448
-
2,034
-
5,000
-
4,800
-
1,550
-
5,000
-
-
-
-
-
57,859
-
13,903
-
110,494
-
23,889
-
134,383|
|---|---|---|
**18**
DocuSign Envelope ID: A94864D7-59D4-44F4-B039-70C5A763FAEBDocuSign Envelope ID: CE59E5A3-753E-431B-9A1E-E34A654587B4
**SCARABEUS THEATRE**
**(A registered charity and company limited by guarantee)**
## **NOTES TO THE ACCOUNTS (Cont/d)**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **MOVEMENT IN FUNDS (continued)**
## **Net movement in funds – previous year**
|**Balance as**
**at 01.04.20**
**£**
**Restricted funds**
Arts Council England
-
London Community Response Fund
-
Big Lottery Fund
10,912
COOP Community Grant
-
GLA Young Londoners Fund
11,666
Paul Hamlyn Foundation
45,744
**Total restricted funds**
68,322
**Unrestricted funds**
General funds
17,391
**Total funds**
85,713|**Income**
**Expenditure**
**£**
**£**
21,000
21,000
53,167
23,034
43,325
37,412
5,612
5,612
23,331
16,256
-
29,471
146,435
132,785
36,889
32,277
183,324
165,062|**Balance as**
**Transfer**
**at 31.03.21**
**£**
**£**
-
-
-
30,133
-
16,825
-
-
-
18,741
(16,273)
-
(16,273)
65,699
16,273
38,276
-
103,975|
|---|---|---|
||146,435
36,889
183,324||
## **Description, nature and purpose of restricted funds:**
**Arts Council England** – Grant given towards the research and development of a new production titled Fall to Fly, a performance centered around the mental health of young women in particularly self-harm and depression. Grant given in 2020/21 was emergency Covid support towards core costs and towards further artistic development.
**Big Lottery Fund - Awards for All** – Grant towards Flying Families pilot project providing activities for involving aerial skills and outdoor activities.
**Big Lottery Fund** – 2 year grant for 6 cycles of activities for Flying Families programme, involving aerial skills and outdoor activities as well as gardening encouraging better relationship and bonding between parents/carers and their children.
**GLA Young Londoners Fund** – Grant towards Take Flight programme, helping young people fulfil their potential and improving their mental wellbeing.
**Paul Hamlyn Foundation** – Grant towards the roll out and further development of Flying into Physics, a new project looking at innovative ways of teaching key stage 2 children about forces, pulleys and levers using aerial skills and techniques.
**London Community Response Fund –** Towards the expansion of the Take Flight programme and a programme for LGBTQ+ young people and their families.
**19**
DocuSign Envelope ID: A94864D7-59D4-44F4-B039-70C5A763FAEBDocuSign Envelope ID: CE59E5A3-753E-431B-9A1E-E34A654587B4
**SCARABEUS THEATRE**
**(A registered charity and company limited by guarantee)**
## **NOTES TO THE ACCOUNTS (Cont/d)**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **Description, nature and purpose of unrestricted funds:**
**General funds** : General fund represents funds available to spend at the discretion of the Trustees
## **15. ANALYSIS OF FUND BALANCES BETWEEN NET ASSETS**
|Tangible fixed assets
Net current assets
**Analysis of net assets between funds - previous year**
Tangible fixed assets
Net current assets
**16.**
**DEFERRED INCOME**
Balance as at 1st April
Amount released to income in the year
Amount Deferred in the year
Balance as at 31st March||**Unrestricted**
**Funds**
**£**
601
23,889
24,490
**Unrestricted**
**Funds**
**£**
801
37,475
38,276|**Restricted**
**Funds**
**£**
-
110,494
110,494
**Restricted**
**Funds**
**£**
-
65,699
65,699
**Total**
**2022**
**£**
-
-
3,096
3,096||**Total**
**2022**
**£**
601
134,383
134,985
**Total**
**2021**
**£**
801
103,174
103,975
**Total**
**2021**
**£**
-
-
-|
|---|---|---|---|---|---|
|||||||
|||||||
||||||-|
Deferred income in 2021-22 represented income received in advance for 2022/23:
Out of total grant of £10,000 received from Garfield Weston Foundation, £3,096 grant has been deferred for the next period.
**20**
DocuSign Envelope ID: A94864D7-59D4-44F4-B039-70C5A763FAEBDocuSign Envelope ID: CE59E5A3-753E-431B-9A1E-E34A654587B4
## **SCARABEUS THEATRE**
## **(A registered charity and company limited by guarantee)**
## **NOTES TO THE ACCOUNTS (Cont/d)**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **17. SHARE CAPITAL**
The company is limited by guarantee and does not have a share capital divided by shares.
## **18. RELATED PARTY TRANSACTIONS**
There were no related parties transactions during the year (2021: £nil).
**21**