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2023-03-31-accounts

SCARABEUS THEATRE

(A registered charity and company limited by guarantee)

AND ACCOUNTS

FOR THE YEAR ENDED 31[st] MARCH 2023

Company No: 03319939 Charity No: 1063689

SCARABEUS THEATRE (A registered charity and company limited by guarantee)

REPORT AND ACCOUNTS

CONTENTS

Page Page
2
 6
Report of the Independent Examiner 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Accounts 10
 21

1

SCARABEUS THEATRE

(A registered charity and company limited by guarantee)

DIRECTORS

FOR THE YEAR ENDED 31ST MARCH 2023

The truste

charity for the year ended 31st March 2023, which are also prepared to meet the req 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:

Over 800 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 ives. 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.

ACTIVITIES AND PERFORMANCE

Charity. We were teamed up with Sebastian Whyte from Whispering Rebel films who made a small film called Song Bird based around thoughts and feelings gathered from our young people. The result was a beautiful short film partly set in Caxton House and partly set in a wood in Kent. It was a fantastic experience for our young people who got to show off their skills in a very artistic way. After the Summer term we unfortunately had to pause the Take and we had not been able to secure funding to replace it. Towards the end of the 22/23 we secured enough funding to start up Take Flight again which started in August 2023.

We were finally able to roll out our Flying into Physics programme in full since the pandemic started. in the Summer term. We did our first practical version in All Saints CofE school in N20, and throughout the year we did a mixture of demonstration and practical version to 12 different schools in Islington, Camden, Barnet and Brent reaching a total of 480 children.

The Flying into Physics programme was made possible by 3-year grants f and The Armourers and Brasiers Gauntlet Trust as well as one off grants from Garfield Weston Foundation, The Ogden Trust, AG Manly Trust and The Vintners Foundation.

Flying Families funded by the National Lottery kept rolling out, with one school per term offering aerial skills to families with challenging circumstances. We reached a total of 117 adults and children. Part of the National Lottery grant for Flying Families enabled us to purchase a new Ford Transit mild hybrid van which was also partly funded by The Morris Charitable Trust.

2

SCARABEUS THEATRE

(A registered charity and company limited by guarantee)

DIRECTORS

FOR THE YEAR ENDED 31ST MARCH 2023

We received funding from Paul Hamlyn Foundation for a pilot project, Shifting Point, in primary schools to work with children around the healthy relat curriculum, in partnership with Tender; an organisation who already works in schools raising awareness around abusive relationships.

The big highlight of our year was Emerging, a show about a young trans person and his relationship with his mother as they embark on a journey together. The show was very close to home as the story was about Daniela our Artistic Director and Naissa her trans son. We were awarded grants from Arts Council England (£82,000) and Foyle Foundation (£15,000). The production received commissions from The Lowry Theatre and London International Mime Festival. Rehearsals started in August, partly at Jacksons Lane Theatre, who supported the project, and at The National Centre for Circus Arts. The show opened on the 7th & 8th of October at The Lowry Theatre in Salford to huge critical acclaim. Unfortunately, due to health concerns the planned tour had to be cancelled. We repurposed some of the remaining grant to support and give a platform to young and upcoming artists from the LGBTQ+ community, working in partnership with Jacksons Lane Theatre, we works performed at two scratch-nights, followed by a screening of the Emerging performance, filmed at opening at The Lowry Theatre in October. The artists commissioned was Tough Boys Dance Collective, Izzy Bloomer and Jetsün.

We also ran workshops as part of the ongoing Emerging work, with Gendered Intelligence, and taught a masterclass at Greentop Circus, Sheffield.

Over 1000 people enjoyed the Emerging performance either as live audience or online.

Public benefit statement

In shaping our objectives for the year and planning our activities, the trustees have considered the Charity ic benefit: running a charity (PD2). The achievements and activities above demonstrate the public benefit arising through

FINANCIAL REVIEW

The Statement of Financial Activities showed net surplus of £28,870 (2022 - £30,408) for the year and reserves stand at £163,254 (2022 - £134,383). The financial position at the year revealed by the Balance Sheet on page 9 shows net current assets or working capital of £131,954 (2022 £133,782). The net book value of fixed assets held, all of which are used directly for charitable purposes, amounted to £31,300 (2022 £601).

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 aims 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 £163,254 (2022 - £134,383), of which £122,577 (2022 - £110,494) was restricted. The unrestricted funds not designated or invested in tangible fixed assets held by the charity are £40,677 (2022 - £23,889).

3

SCARABEUS THEATRE

(A registered charity and company limited by guarantee)

(Cont/d)

FOR THE YEAR ENDED 31ST MARCH 2023

FUTURE PLANS

We will keep rolling out our Flying into Physics and Flying Families programmes. We have secured funding from NCEL CAMHS, National Lottery, Cloudesley, BBC Children in Need and City Bridge Trust to start up our Take Flight programme which offers free aerial classes to young people aged 13-25 years old living under challenging circumstances, struggle with mental health issues and/or are gender diverse. We are creating a new programme around healthy relationships aimed at KS2 primary schools in partnership with Tender funded by Paul Hamlyn Foundation. We have received funding for another new programme titled Airborne to offer aerial workshops to primary schools in formance collaboration with Gravity & Levity and The Quilt Club to create site specific performances incorporating textile art work with aerial dance. We are also releasing an edited film version of Emerging which we will submit to film festivals in UK and abroad.

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 on 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.

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.

4

SCARABEUS THEATRE

(A registered charity and company limited by guarantee)

DIRECTOR (Cont/d)

FOR THE YEAR ENDED 31ST MARCH 2023

Risk Management

The trustees have a risk management strategy which comprises:

REFERENCE AND ADMINISTRATIVE DETAILS

Company Number: 03319939 Charity Number: 1063689 Directors / Trustees Julia Fitzelle (Chair) John Simon Hinde (Treasurer) Donatella Torsello Deborah Sharon Mullins Mandy Lorraine Lawrence (appointed on 11 May 2023) Andrew John Young (resigned on 25 November 2023) Kathryn Emma Frances Donelly (resigned on 25 November 2023) Secretary: Søren Nielsen Senior Management Personal: Daniela Essart - Artistic director Registered Office: Caxton House Community Centre, 129 St Jo ndon N19 3RQ Independent Examiner: Mr Samir Shah, Ramon Lee Ltd, 93 Tabernacle Street, London EC2A 4BA Bankers: Unity Trust Bank plc, Nine Brindley place, Birmingham, B1 2HB NatWest Bank, Victoria, PO Box 1357, London SW1E 5NA

5

SCARABEUS THEATRE

(A registered charity and company limited by guarantee)

DIREC

FOR THE YEAR ENDED 31ST MARCH 2023

Trustees onsibilities in relation to the financial statement

The Trustees (who are also directors of Scarabeus Theatre for the purposes of company law) are responsible for prepa al 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:

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

05[TH ] DECEMBER 2023

6

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 2023.

Respective responsibilities and basis of report

As the chari 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 6

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, accounts as carried out under sect 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:

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

05[TH ] DECEMBER 2023

7

(A registered charity and company limited by guarantee)

SCARABEUS THEATRE

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31ST MARCH 2023

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
(
p
)
movement in funds for the year
Reconciliation of funds
Total funds, brought forward
Total funds, carried forward		 Unrestricted
Funds
£
667
6,000
14,286
2,774
877
24,604
7,817
-
7,817
16,787
23,889
40,676		 Restricted
Funds
£
-
266,619
-
-
-
266,619
-
254,537
254,537
12,083
110,494
122,577		 Total
2023
£
667
272,619
14,286
2,774
877
291,223
7,817
254,537
262,354
28,870
134,383
163,253		 Total
2022
£
387
209,947
42,035
311
87
**252,767 **
8,176
214,183
222,359
30,408
103,975
134,383

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.

8

SCARABEUS THEATRE

(A registered charity and company limited by guarantee)

BALANCE SHEET AS AT 31ST MARCH 2023

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		 £
1,614
138,527
140,141
8,187		 2023
£
£
31,300
1,697
152,137
153,834
20,052
131,954
163,254
40,677
122,577
163,254		 2022
£
601
133,782
134,383
23,889
110,494
134,383

For the financial year ended 31[st] March 2023 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 compa regime within Part 15 of the Companies Act 2006.

These financial statements were approved by the Board of Directors and Trustees on 05[th] December 2023 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.

9

SCARABEUS THEATRE

(A registered charity and company limited by guarantee)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2023

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

ents show net income of £28,870 for the year and free reserves of £40,677 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.

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.

10

SCARABEUS THEATRE

(A registered charity and company limited by guarantee)

NOTES TO THE ACCOUNTS (Cont/d)

FOR THE YEAR ENDED 31ST MARCH 2023

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:

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 ivities. 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 off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

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.

11

SCARABEUS THEATRE

(A registered charity and company limited by guarantee)

NOTES TO THE ACCOUNTS (Cont/d)

FOR THE YEAR ENDED 31ST MARCH 2023

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 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
£
667
667		 Restricted
Funds
£
-
-		 Total
2023
£
667
667		 Total
2022
£
387
387

Donations in 2022 totalling £387 were attributed to unrestricted funds.

12

(A registered charity and company limited by guarantee)

SCARABEUS THEATRE

NOTES TO THE ACCOUNTS (Cont/d)

FOR THE YEAR ENDED 31ST MARCH 2023

3. GRANTS AND DONATIONS INCOME FROM CHARITABLE ACTIVITIES

Dramatic arts:
The Manly Trust
The Foyle Foundation
Compass Wellbeing
The Ogden Trust
John Lyons Chaity
Arts Council England
Garfield Weston Foundation
Morris Charitable
The Portal Trust
GLA Young Londoners Fund
Big Lottery Fund
The Vintner's Company
London Youth
Paul Hamlyn Foundation		 Unrestricted
Funds
£
-
-
-
-
6,000
-
-
-
-
-
-
-
-
-
-
6,000		 Restricted
Funds
£
-
15,000
42,245
2,500
30,000
73,800
3,096
-
10,000
3,646
3,000
67,748
-
3,000
12,585
266,619		 Total
2023
£
-
15,000
42,245
2,500
36,000
73,800
3,096
-
10,000
3,646
3,000
67,748
-
3,000
12,585
272,619		 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

Grants and donations in 2022 totalling £209,947 was attributed to unrestricted funds of £Nil and restricted funds of £209,947.

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

(A registered charity and company limited by guarantee)

SCARABEUS THEATRE

NOTES TO THE ACCOUNTS (Cont/d)

FOR THE YEAR ENDED 31ST MARCH 2023

4.
PERFORMANCE, TOUR AND CONTRACT INCOME
Unrestricted
Funds
£
The Lowry
12,286
London International
2,000
Keys Meadow
-
Graeme Clint
-
Eventplanners
-
Young Actors Theatre Islington
-
Sara Alexandre Fernandes
-
Mimbre Ltd
-
Lucy Whitehead
-
14,286
5.
OTHER TRADING INCOME
Unrestricted
Funds
£
Van reimbursement
-
Profit on sale of Van
1,847
Other income
927
2,774
6.
INVESTMENT INCOME
Unrestricted
Funds
£
Interest Income
877
877		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
Restricted
Funds
£
-
-
-
-
Restricted
Funds
£
-		 Total
2023
£
12,286
2,000
-
-
-
-
-
-
-
14,286
Total
2023
£
-
1,847
927
2,774
Total
2023
£
877
877		 Total
2022
£
21,000
-
19,275
65
250
1,240
65
75
65
42,035
Total
2022
£
100
-
211
311
Total
2022
£
87
87

Other income in 2022 totalling £87 were attributed to unrestricted funds.

14

SCARABEUS THEATRE

(A registered charity and company limited by guarantee)

NOTES TO THE ACCOUNTS (Cont/d)

FOR THE YEAR ENDED 31ST MARCH 2023

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
£
7,100
-
-
-
671
46
7,817		 Dramatic
Arts
£
190,249
5,812
3,933
19,411
32,896
2,234
254,537		 Total
2023
£
197,349
5,812
3,933
19,411
33,567
2,280
262,354		 Total
2022
£
172,970
1,463
2,988
11,140
31,878
1,920
222,359

Of the £262,354 expenditure in 2023 (2022 - £222,359), £7,817 was charged to unrestricted funds (2022 - £57,207) and £254,537 to restricted funds (2022 - £165,152).

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 c ies 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 profession costs
Insurance
Depreciation
Sundry expenses
Independent examiner's fee		 Support
costs
£
10,375
3,016
301
4,966
10,433
4,476
-
33,567		 Governance
costs
£
-
-
-
-
-
-
2,280
2,280		 Total
2023
£
10,375
3,016
301
4,966
10,433
4,476
2,280
35,847		 Total
2022
£
6,000
3,070
12,229
5,209
200
5,170
1,920
33,798

15

SCARABEUS THEATRE

(A registered charity and company limited by guarantee)

NOTES TO THE ACCOUNTS (Cont/d)

FOR THE YEAR ENDED 31ST MARCH 2023

9. NET INCOME/(EXPENDITURE) FOR THE YEAR

This is stated after charging:

Independent Examination
Depreciation		 Total
2023
£
2,280
10,433
12,713		 Total
2022
£
1,920
200
2,120

10. ANALYSIS OF STAFF COSTS, TRUSTEES REMUNERATION AND EXPENSES, AND COST OF KEY MANAGEMENT PERSONNEL

STAFF COSTS
Salaries
National Insurance
Pension Contributions		 Total
2023
£
74,136
3,137
-
77,273		 Total
2022
£
69,717
3,078
-
72,795

The average monthly number of persons employed by the charity during the year was 2 (2022 2.1)

No employee had employee benefits in excess of £60,000 (2022 - £nil).

No Trustee received any remuneration during the year (2022 - £nil). No Trustees received reimbursed expenses during the year (2022 - £nil).

16

(A registered charity and company limited by guarantee)

SCARABEUS THEATRE

NOTES TO THE ACCOUNTS (Cont/d)

FOR THE YEAR ENDED 31ST MARCH 2023

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
7,395
39,422		 Additions
£
-
41,731
41,731
Charge
For Year
£
-
10,433
10,433		 2023
£
1
31,299
31,300
Disposals
£
-
7,995
7,995
Disposals
£
-
7,395
7,395		 2022
£
1
600
601
Closing
Balances
£
32,028
41,731
73,759
Closing
Balances
£
32,027
10,433
42,460

12. DEBTORS

Prepayments
Trade Debtors		 Total
2023
£
1,549
65
1,614		 Total
2022
£
1,632
65
1,697

17

(A registered charity and company limited by guarantee)

SCARABEUS THEATRE

NOTES TO THE ACCOUNTS (Cont/d)

FOR THE YEAR ENDED 31ST MARCH 2023

13. CREDITORS: amounts falling due within one year

Salary
Taxation and social security
Accruals
Deferred Income (Note 16)		 Total
2023
£
45
1,949
6,193
-
8,187		 Total
2022
£
45
1,805
15,105
3,096
20,052

14. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Restricted funds:
The Manly Trust
The Foyle Foundation
Compass Wellbeing
The Ogden Trust
John Lyons Chaity
Garfield Weston Foundation
Morris Charitable
The Portal Trust
The Vintner's Company
Arts Council England
London Youth
Big Lottery Fund
GLA Young Londoners Fund
Paul Hamlyn Foundation
Unrestricted funds:
General funds
Total funds		 Balance as
at 01.04.22
£
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		 Income
£
-
15,000
42,245
2,500
30,000
3,096
-
10,000
3,000
-
73,800
3,000
67,748
3,646
12,585
266,619
24,604
291,223		 Expenditure
£
3,400
15,000
-
5,000
29,632
5,130
5,000
9,420
3,000
5,000
73,800
3,000
67,021
17,549
12,585
254,537
7,817
262,354		 Transfer
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Balance as
at 31.03.23
£
-
-
42,245
-
14,816
-
-
5,380
1,550
-
-
-
58,586
-
-
122,577
40,676
163,253

18

SCARABEUS THEATRE

(A registered charity and company limited by guarantee)

NOTES TO THE ACCOUNTS (Cont/d)

FOR THE YEAR ENDED 31ST MARCH 2023

MOVEMENT IN FUNDS (continued)

Restricted funds
The Manly Trust
The Ogden Trust
John Lyons Chaity
Garfield Weston Foundation
Morris Charitable
The Portal Trust
The Vintner's Company
Arts Council England
London Community Response Fund
Big Lottery Fund
GLA Young Londoners Fund
Paul Hamlyn Foundation
Total restricted funds
Unrestricted funds
General funds
Total funds		 Balance as
at 01.04.21
£
-
-
-
-
-
-
-
-
-
30,133
16,825
18,741
-
65,699
38,276
103,975		 Income
£
3,400
2,500
30,000
6,904
5,000
10,000
3,000
5,000
53,042
-
68,499
22,602
-		 Expenditure
£
-
-
15,552
4,870
-
5,200
1,450
-
53,042
30,133
27,465
27,440
-
165,152
57,207
222,359		 Transfer
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Balance as
at 31.03.22
£
3,400
2,500
14,448
2,034
5,000
4,800
1,550
5,000
-
-
57,859
13,903
-
209,947
42,820
252,767		 110,494
23,889
134,383

Description, nature and purpose of restricted funds:

Arts Council England Grant given towards the production and touring of a new production titled Emerging.

The Foyle Foundation Grant given towards the production and touring of a new production titled Emerging.

Big Lottery Fund Grant given towards to roll out of Flying Families programme and also towards the purchase of new company van.

Morris Charitable Trust Grant given toward the purchase of new company van.

All grants given

towards the roll out of the Flying into Physics programme.

GLA Young Londoners Fund and London Youth Grant towards Take Flight, free aerial classes for young people helping them towards greater health and well being.

Paul Hamlyn Foundation Grant given towards new programme titled Shifting Point, around healthy relationships aimed at KS2 primary schools.

Compass Wellbeing grant given from the NCEL NHS Trust towards Take Flight, free aerial classes for young people helping them towards greater health and well being.

19

SCARABEUS THEATRE

(A registered charity and company limited by guarantee)

NOTES TO THE ACCOUNTS (Cont/d)

FOR THE YEAR ENDED 31ST MARCH 2023

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
£
31,300
40,676
71,976
Unrestricted
Funds
£
601
23,889
24,490		 Restricted
Funds
£
-
122,577
122,577
Restricted
Funds
£
-
110,494
110,494
Total
2023
£
3,096
(3,096)
-
-		 Total
2023
£
31,300
163,253
194,553
Total
2022
£
601
134,383
134,985
Total
2022
£
-
-
3,096
3,096

Deferred income in 2022-23 represented income received in advance for 2023/24 which is £Nil:

Out of the total grant of £10,000 received from Garfield Weston Foundation in 2021, £3,096 grant was deferred for the period 2022-23.

20

SCARABEUS THEATRE

(A registered charity and company limited by guarantee)

NOTES TO THE ACCOUNTS (Cont/d)

FOR THE YEAR ENDED 31ST MARCH 2023

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 party transactions during the year (2022: £nil).

21