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2023-03-31-accounts
|
Pages |
| Reference and Administrative Details of the Company, its Trustees and Advisers |
1 |
| Trustees' Report (Incorporating the Strategic Report) |
2-10 |
| The Report of the Artistic Director |
11-12 |
| Independent Auditor's Report on the Financial Statements |
13-17 |
| Consolidated Statement ofFinancial Activities |
18 |
| Consolidated Balance Sheet |
19 |
| Company Balance Sheet |
20 |
| Consolidated Statement of Cash Flows |
21 |
| Notes to the Financial Statements |
22 - 43 |
| Trustees |
Shreela Ghosh, Chair |
|
Lizzie Fargher, Deputy Chair |
|
Garry Avis (resigned 30 April 2022) |
|
Isis Clunie |
|
Fleur Derbyshire-Fox |
|
Sarah Gamblin |
|
Margaret Holder |
|
Daden Hunt |
|
Ben Morton Wright |
|
Magnus Spence |
| Company registered |
|
| number |
03463592 |
| Charity registered |
|
| number |
01066825 |
| Registered office |
Jerwood DanceHouse |
|
Ipswich |
|
IP4 1DW |
| Website |
www.danceeast.co.uk |
| Company secretary |
W Armitage |
| Chief executive officer |
B J Keaney |
| Independent auditor |
SB Audit LLP |
|
Chartered Accountants |
|
Statutory Auditor |
|
820 The Crescent |
|
Colchester Business Park |
|
Colchester |
|
Essex |
|
C049YQ |
|
|
Unrestricted |
Restricted |
Designated |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
funds |
|
|
2023 |
2023 |
2023 |
2023 |
2022 |
|
Notes |
£ |
£ |
£ |
£ |
£ |
| Income from: |
|
|
|
|
|
|
| Donations and grants |
4 |
935,299 |
261,191 |
- |
1,196,490 |
1,396,290 |
| Charitable activities |
3 |
490,365 |
38,669 |
- |
529,034 |
425,474 |
| Other trading activities |
5 |
127,040 |
150 |
- |
127,190 |
75,210 |
| Investments |
6 |
2,021 |
- |
- |
2,021 |
112 |
| Total income and |
|
|
|
|
|
|
| endowments |
|
1,554,725 |
300,010 |
- |
1,854,735 |
1,897,086 |
| Expenditure on: |
|
|
|
|
|
|
| Raising funds |
7 |
132,960 |
. |
. |
132,960 |
191,439 |
| Charitable activities |
8 |
1,323,169 |
333,523 |
245,045 |
1,901,737 |
1,828,553 |
| Trading expenditure |
|
96,161 |
- |
- |
96,161 |
73,510 |
| Total expenditure |
|
1,552,290 |
333,523 |
245,045 |
2,130,858 |
2,093,502 |
| Net income/ |
|
|
|
|
|
|
| (expenditure) |
|
2,435 |
(33,513) |
(245,045) |
(276,123) |
(196,416) |
| Transfers between |
|
|
|
|
|
|
| funds |
18 |
17,833 |
22,167 |
(40,000) |
- |
- |
| Net movement in |
|
|
|
|
|
|
| funds |
|
20,268 |
(11,346) |
(285,045) |
(276,123) |
(196,416) |
| Reconciliation of |
|
|
|
|
|
|
| funds: |
18 |
|
|
|
|
|
| Total funds brought |
|
|
|
|
|
|
| forward |
|
320,939 |
132,906 |
4,423,567 |
4,877,412 |
5,073,828 |
| Net movement in funds |
|
20,268 |
(11,346) |
(285,045) |
(276,123) |
(196,416) |
| Total funds carried |
|
|
|
|
|
|
| forward |
|
341,207 |
121,560 |
4,138,522 |
4,601,289 |
4,877,412 |
|
|
|
2023 |
|
2022 |
|
Notes |
|
£ |
|
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
12 |
|
3,860,395 |
|
4,107,283 |
|
|
|
3,860,395 |
|
4,107,283 |
| Current assets |
|
|
|
|
|
| Stocks |
14 |
4,229 |
|
2,878 |
|
| Debtors |
15 |
110,802 |
|
155,885 |
|
| Short term cash deposits |
16 |
500,000 |
|
- |
|
| Cash at bank and in hand |
21 |
553,280 |
|
1,022,381 |
|
|
|
1,168,311 |
|
1,181,144 |
|
| Creditors: amounts falling due within one |
|
|
|
|
|
| year |
17 |
(427,417) |
|
(411,015) |
|
| Net current assets |
|
|
740,894 |
|
770,129 |
| Total assets less current liabilities being |
|
|
|
|
|
| net assets |
|
|
4,601,289 |
|
4,877,412 |
| Charity funds |
|
|
|
|
|
| Designated funds |
18 |
|
4,138,522 |
|
4,423,567 |
| Restricted funds |
18 |
|
121,560 |
|
132,906 |
| Unrestricted funds |
18 |
|
341,207 |
|
320,939 |
| Total funds |
|
|
4,601,289 |
|
4,877,412 |
|
|
|
2023 |
2022 |
|
Notes |
|
£ |
£ |
| Fixed assets |
|
|
|
|
| Tangible assets |
12 |
|
3,859,760 |
4,106,152 |
| Investments |
13 |
|
101 |
101 |
|
|
|
3,859,861 |
4,106,253 |
| Current assets |
|
|
|
|
| Debtors |
15 |
112,968 |
|
156,992 |
| Shortterm cash deposits |
16 |
500,000 |
|
- |
| Cash at bank and in hand |
|
543,916 |
|
1,017,353 |
|
|
1,156,884 |
|
1,174,345 |
| Creditors: amounts falling due within one |
|
|
|
|
| year |
17 |
(418,104) |
|
(405,518) |
| Net current assets |
|
|
738,780 |
768,827 |
| Total assets less current liabilities being |
|
|
**---------------- ** |
---------------- |
| net assets |
|
|
4,598,641 |
4,875,080 |
| Charity funds |
|
|
|
|
| Designated funds |
18 |
|
4,138,521 |
4,423,567 |
| Restricted funds |
18 |
|
121,559 |
132,906 |
| Unrestricted funds |
18 |
|
338,561 |
318,607 |
| Total funds |
|
|
4,598,641 |
4,875,080 |
|
|
2023 |
2022 |
|
Notes |
£ |
£ |
| Cash flows from operating activities |
|
|
|
| Net cash generated from operating activities |
20 |
47,154 |
208,482 |
| Cash flows from investing activities |
|
|
|
| Interest received |
|
2,021 |
112 |
| Purchase of tangible fixed assets |
|
(18,023) |
(24,803) |
| Purchase of short term cash deposits |
|
(500,000) |
- |
| Net cash used in investing activities |
|
(516,002) |
(24,691) |
| Change in cash and cash equivalents in the year |
|
(468,848) |
183,791 |
| Cash and cash equivalents atthe beginning of the year |
|
1,022,128 |
838,337 |
| Cash and cash equivalents at the end of the year |
21 |
553,280 |
1,022,128 |
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2023 |
2023 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Classes and Workshops |
74,780 |
9,068 |
83,848 |
49,401 |
| Ticket Sales |
33,708 |
2,363 |
36,071 |
30,455 |
| Centre for Advanced Training |
308,834 |
27,238 |
336,072 |
283,377 |
| Room Hire |
33,263 |
- |
33,263 |
19,150 |
| University of Suffolk Dance income |
39,780 |
- |
39,780 |
43,091 |
| Total 2023 |
490,365 |
38,669 |
529,034 |
425,474 |
| Total 2022 |
396,355 |
29,119 |
425,474 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2023 |
2023 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Arts Council England |
825,060 |
_ |
825,060 |
859,510 |
| Suffolk CountyCouncil |
45,900 |
29,680 |
75,580 |
128,214 |
| District Council Grants |
50,000 |
10,682 |
60,682 |
85,463 |
| Department for Digital, Culture, Media and |
|
|
|
|
| Sport |
_ |
_ |
. |
95,236 |
| New Anglia LEP Grant |
|
2,000 |
2,000 |
- |
| HMRC Job Retention Scheme |
- |
- |
- |
57,326 |
| Donations and Grants from Trusts and |
|
|
|
|
| Foundations |
_ |
111,678 |
111,678 |
62,249 |
| Patron Sponsorship and Donations |
13,089 |
16,320 |
29,409 |
28,895 |
| Fundraising - Events & Donations |
1,250 |
- |
1,250 |
1,250 |
| Department for Work & Pensions |
- |
19,576 |
19,576 |
46,204 |
| Other |
- |
71,255 |
71,255 |
31,943 |
|
935,299 |
261,191 |
1,196,490 |
1,396,290 |
| Total 2022 |
1,003,665 |
392,625 |
1,396,290 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2023 |
2023 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Other Income |
10,030 |
150 |
10,180 |
_ |
| Room Hire |
31,464 |
- |
31,464 |
17,823 |
| Trading Subsidiaries Income |
85,546 |
- |
85,546 |
57,387 |
|
127,040 |
150 |
127,190 |
75,210 |
| Total 2022 |
75,210 |
- |
75,210 |
|
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2023 |
2023 |
2022 |
|
|
£ |
£ |
£ |
| Bank |
Interest receivable |
2,021 |
2,021 |
112 |
| Total |
2022 |
112 |
112 |
|
|
|
Total Funds |
Total Funds |
|
Fundraising |
2023 |
2022 |
|
Costs |
£ |
£ |
| Costs Directly allocated to activities |
|
|
|
| Venue Hire |
|
|
(188) |
| Other Direct Costs |
394 |
394 |
480 |
| Graphic Design and printing |
20,842 |
20,842 |
23,105 |
| Mailouts |
3,395 |
3,395 |
1,917 |
| Artists Fees |
199 |
199 |
- |
| Other Marketing Costs |
23,949 |
23,949 |
20,514 |
| Sub-Total |
48,779 |
48,779 |
45.828 |
| Support costs allocated to activities |
|
|
|
| Staff Costs |
22,925 |
22,925 |
31,017 |
| Accommodation and Travel |
1,002 |
1,002 |
551 |
| Legal and Professional fees |
1,161 |
1,161 |
1,021 |
| Audit Fee |
1,866 |
1,866 |
3,284 |
| Depreciation |
2,279 |
2,279 |
3,367 |
| Depreciation (Capital) |
17,709 |
17,709 |
51,483 |
| Premises |
31,269 |
31,269 |
46,363 |
| Communications |
2,173 |
2,173 |
3,101 |
| IT |
3,776 |
3,776 |
5,361 |
| Other - incl bad debt |
21 |
21 |
63 |
| Sub-Total |
84,181 |
84,181 |
145.611 |
| Total |
132,960 |
132,960 |
191.439 |
|
Activities |
|
|
|
|
undertaken |
Support |
Total |
Total |
|
directly |
costs |
funds |
funds |
|
2023 |
2023 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Artistic Programme |
149,394 |
264,259 |
413,653 |
361,363 |
| Education Programme |
503,840 |
984,244 |
1,488,084 |
1,467,190 |
|
653,234 |
1,248,503 |
1,901,737 |
1,828,553 |
| Total 2022 |
769,873 |
1,058,680 |
1,828,553 |
|
| Analysis of direct costs |
|
|
|
|
|
Artistic |
Education |
Total |
Total |
|
programme |
programme |
funds |
funds |
|
2023 |
2023 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Artists Fees |
104,303 |
200,353 |
304,656 |
393,640 |
| Accommodation/T ravel |
5,709 |
51,446 |
57,155 |
55,811 |
| Venue Hire |
39,282 |
14,155 |
53,437 |
53,171 |
| Other Direct Costs |
100 |
68,192 |
68,292 |
90,042 |
| Tutor Fees |
- |
40,852 |
40,852 |
65,399 |
| Workshop Fees |
- |
112,302 |
112,302 |
99,810 |
| Other Marketing |
- |
16,540 |
16,540 |
12,000 |
|
149,394 |
503,840 |
653,234 |
769,873 |
| Total 2022 |
163,532 |
606,341 |
769,873 |
|
|
Artistic |
Education |
Total |
Total |
|
programme |
programme |
funds |
funds |
|
2023 |
2023 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Staff Costs |
154,645 |
543,121 |
697,766 |
635,450 |
| Depreciation |
48,836 |
195,457 |
244,293 |
217,431 |
| Accommodation/T ravel |
1,491 |
5,968 |
7,459 |
1,883 |
| Legal and Professional fees |
1,727 |
6,912 |
8,639 |
3,488 |
| Other inc bad debt |
(571) |
124 |
(447) |
1,974 |
| Premises |
46,508 |
186,141 |
232,649 |
158,337 |
| Communications |
3,232 |
12,935 |
16,167 |
10,590 |
| IT |
5,616 |
22,478 |
28,094 |
18,311 |
| Audit Fee |
2,775 |
11,108 |
13,883 |
11,216 |
|
264,259 |
984,244 |
1,248,503 |
1,058,680 |
| Total 2022 |
197,831 |
860,849 |
1,058,680 |
|
|
2023 |
2022 |
|
£ |
£ |
| Fees payable tothe Charitable Company's auditor forthe audit of the |
|
|
| Group's annual accounts |
12,500 |
11,500 |
| Fees payableto the Company's auditor in respect of: |
|
|
| Assistance in preparation of financial statements for the subsidiaries |
3,000 |
2,200 |
| Tax compliance services |
650 |
500 |
| Grant audit |
740 |
685 |
|
Group |
Group |
Company |
Company |
|
2023 |
2022 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Wages and salaries |
844,554 |
831,268 |
803,073 |
791,577 |
| Social security costs |
64,054 |
54,578 |
61,724 |
54,578 |
| Contribution to defined contribution pension |
|
|
|
|
| schemes |
34,904 |
35,117 |
33,976 |
34,113 |
|
943,512 |
920,963 |
898,773 |
880,268 |
|
Group |
Group |
|
2023 |
2022 |
|
No. |
No |
| The Director |
1 |
1 |
| Finance and Administration |
2 |
2 |
| Communication and Development |
4 |
3 |
| Programming |
7 |
11 |
| Technical |
4 |
4 |
| Front of House |
4 |
3 |
| Tutors |
3 |
3 |
|
25 |
27 |
|
Leasehold |
Plant and |
Fixtures and |
Office |
|
|
property |
machinery |
fittings |
equipment |
Total |
|
£ |
£ |
£ |
£ |
£ |
| Cost |
|
|
|
|
|
| At 1 April 2022 |
7,059,397 |
6,188 |
429,909 |
68,296 |
7,563,790 |
| Additions |
- |
- |
- |
18,023 |
18,023 |
| Disposals |
- |
- |
(1,376) |
(19,890) |
(21,266) |
| At 31 March 2023 |
7,059,397 |
6,188 |
428,533 |
66,429 |
7,560,547 |
| Depreciation |
|
|
|
|
|
| At 1 April 2022 |
3,095,592 |
5,642 |
309,873 |
45,400 |
3,456,507 |
| Charge forthe year |
219,086 |
334 |
32,142 |
13,260 |
264,822 |
| On disposals |
- |
- |
(1,287) |
(19,890) |
(21,177) |
| At 31 March 2023 |
3,314,678 |
5,976 |
340,728 |
38,770 |
3,700,152 |
| Net book value |
|
|
|
|
|
| At 31 March 2023 |
3,744,719 |
212 |
87,805 |
27,659 |
3,860,395 |
| At 31 March 2022 |
3,963,805 |
546 |
120,036 |
22,896 |
4,107,283 |
|
Leasehold |
Fixtures and |
Office |
|
|
property |
fittings |
equipment |
Total |
|
£ |
£ |
£ |
£ |
| Cost |
|
|
|
|
| At 1 April 2022 |
7,059,397 |
428,073 |
68,296 |
7,555,766 |
| Additions |
- |
- |
18,023 |
18,023 |
| Disposals |
- |
(1,376) |
(19,890) |
(21,266) |
| At 31 March 2023 |
7,059,397 |
426,697 |
66,429 |
7,552,523 |
| Depreciation |
|
|
|
|
| At 1 April 2022 |
3,095,592 |
308,622 |
45,400 |
3,449,614 |
| Charge for the year |
219,086 |
31,980 |
13,260 |
264,326 |
| On disposals |
- |
(1,287) |
(19,890) |
(21,177) |
| At 31 March 2023 |
3,314,678 |
339,315 |
38,770 |
3,692,763 |
| Net book value |
|
|
|
|
| At 31 March 2023 |
3,744,719 |
87,382 |
27,659 |
3,859,760 |
| At 31 March 2022 |
3,963,805 |
119,451 |
22,896 |
4,106,152 |
|
Investments |
|
in |
|
subsidiary |
|
companies |
| Company |
£ |
| Cost |
|
| At 1 April 2022 |
101 |
| At 31 March 2023 |
101 |
| Net book value |
|
| At 31 March 2023 |
101 |
| At 31 March 2022 |
101 |
| Names |
**Company ** |
**Principal activity ** |
Holding |
Included in |
|
number |
|
|
consolidation |
| DanceEats Limited |
06925106 |
Cafe |
100% |
Yes |
| DanceEast Enterprises Limited |
07385329 |
Fundraising events |
100% |
Yes |
| Names |
**Income ** |
**Expenditure ** |
Profit/(loss)/ |
Net |
|
£ |
**£ ** |
for the year |
(liabilities)/ |
|
|
|
£ |
assets |
|
|
|
|
£ |
| DanceEats Limited |
85,546 |
(97,765) |
(12,219) |
(66,722) |
| DanceEast Enterprises Limited |
- |
(253) |
(253) |
2,684 |
|
Group |
Group |
|
2023 |
2022 |
|
£ |
£ |
| Raw materials and consumables |
4,229 |
2,878 |
|
Group |
Group |
Company |
Company |
|
2023 |
2022 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Due within one year |
|
|
|
|
| Trade debtors |
61,412 |
87,438 |
63,578 |
88,781 |
| Amounts owed by subsidiary undertakings |
- |
- |
- |
9,832 |
| Otherdebtors |
13,403 |
35,724 |
13,403 |
25,656 |
| Prepayments and accrued income |
35,987 |
32,723 |
35,987 |
32,723 |
|
110,802 |
155,885 |
112,968 |
156,992 |
| Short term cash deposits |
|
|
|
|
|
Group |
Group |
Company |
Company |
|
2023 |
2022 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Cash deposits |
500,000 |
- |
500,000 |
- |
|
Group |
Group |
Company |
Company |
|
2023 |
2022 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Bank overdraft |
- |
253 |
- |
- |
| Trade creditors |
78,556 |
79,798 |
75,325 |
77,958 |
| Other taxation and social security |
17,921 |
16,782 |
14,467 |
14,926 |
| Other creditors |
10,627 |
11,433 |
10,048 |
10,781 |
| Accruals and deferred income |
320,313 |
302,749 |
318,264 |
301,853 |
|
427,417 |
411,015 |
418,104 |
405,518 |
|
Group |
Group |
Company |
Company |
|
2023 |
2022 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Deferred income at 1 April 2022 |
256,328 |
172,276 |
256,328 |
172,276 |
| Resources deferred during the year |
171,664 |
256,328 |
171,664 |
256,328 |
| Amounts released from previous years |
(155,975) |
(172,276) |
(155,975) |
(172,276) |
|
272,017 |
256,328 |
272,017 |
256,328 |
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
Transfers |
31 March |
|
April 2022 |
Income |
Expenditure |
in/out |
2023 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| General Funds - all funds |
320,939 |
1,554,725 |
(1,552,290) |
17,833 |
341,207 |
| Designated funds |
|
|
|
|
|
| Capital Campaigns Fund |
4,001,207 |
|
(245,045) |
|
3,756,162 |
| Specific Projects Fund |
174,360 |
- |
- |
- |
174,360 |
| Replacement Fund |
138,000 |
- |
- |
- |
138,000 |
| Recovery & Renewal Fund |
110,000 |
- |
- |
(40,000) |
70,000 |
|
4,423,567 |
- |
(245,045) |
(40,000) |
4,138,522 |
| Restricted funds |
|
|
|
|
|
| Community Engagement |
100,149 |
150,816 |
(186,770) |
11,515 |
75,710 |
| Supporting the Dance |
|
|
|
|
|
| Professional |
3,039 |
39,136 |
(44,429) |
10,358 |
8,104 |
| Choreographic Development |
|
|
|
|
|
| Fund |
25,419 |
- |
- |
- |
25,419 |
| Organisational Development |
4,299 |
110,058 |
(102,324) |
294 |
12,327 |
|
132,906 |
300,010 |
(333,523) |
22,167 |
121,560 |
| Total of funds |
4,877,412 |
1,854,735 |
(2,130,858) |
- |
4,601,289 |
|
|
|
|
|
Balance at |
|
Balance at |
|
|
Transfers |
31 March |
|
1 April 2021 |
Income |
Expenditure |
in/out |
2022 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| General Funds - all funds |
305,145 |
1,475,342 |
(1,399,921) |
(59,627) |
320,939 |
| Designated funds |
|
|
|
|
|
| Capital Campaigns Fund |
4,258,623 |
- |
(257,416) |
- |
4,001,207 |
| Specific Projects Fund |
174,360 |
- |
- |
- |
174,360 |
| Replacement Fund |
108,000 |
- |
- |
30,000 |
138,000 |
| Recovery & Renewal Fund |
110,000 |
- |
- |
- |
110,000 |
|
4,650,983 |
- |
(257,416) |
30,000 |
4,423,567 |
| Restricted funds |
|
|
|
|
|
| Community Engagement |
74,976 |
145,303 |
(119,591) |
(539) |
100,149 |
| Supporting the Dance |
|
|
|
|
|
| Professional |
11,544 |
56,019 |
(77,832) |
13,308 |
3,039 |
| Choreographic Development |
|
|
|
|
|
| Fund |
25,419 |
_ |
_ |
. |
25,419 |
| Organisational Development |
5,761 |
220,422 |
(238,742) |
16,858 |
4,299 |
|
117,700 |
421,744 |
(436,165) |
29,627 |
132,906 |
| Total of funds |
5,073,828 |
1,897,086 |
(2,093,502) |
_ |
4,877,412 |
|
Unrestricted |
Restricted |
Designated |
Total |
|
funds |
funds |
funds |
funds |
|
2023 |
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
£ |
| Tangible fixed assets |
125,532 |
- |
3,734,863 |
3,860,395 |
| Current assets |
643,092 |
121,560 |
403,659 |
1,168,311 |
| Creditors due within one year |
(427,417) |
- |
- |
(427,417) |
| Total |
341,207 |
121,560 |
4,138,522 |
4,601,289 |
|
Unrestricted |
Restricted |
Designated |
Total |
|
funds |
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
£ |
| Tangible fixed assets |
106,076 |
- |
4,001,207 |
4,107,283 |
| Current assets |
625,878 |
132,906 |
422,360 |
1,181,144 |
| Creditors due within one year |
(411,015) |
- |
- |
(411,015) |
| Tl |
320,939 |
132,906 |
4,423,567 |
4,877,412 |
|
Group |
Group |
|
2023 |
2022 |
|
£ |
£ |
| Net expenditure for the year (as per Statement of Financial Activities) |
(276,123) |
(196,416) |
| Adjustments for: |
|
|
| Depreciation charges |
264,822 |
272,877 |
| Interest receivable |
(2,021) |
(112) |
| Loss on the disposal of tangible fixed assets |
89 |
331 |
| (Increase) in stocks |
(1,351) |
(1,871) |
| Decrease in debtors |
45,083 |
17,182 |
| Increase in creditors |
16,655 |
116,491 |
| Net cash generated from operating activities |
47,154 |
208,482 |
|
Group |
Group |
|
2023 |
2022 |
|
£ |
£ |
| Cash in hand |
553,280 |
1,022,381 |
| Bank overdraft |
- |
(253) |
| Total cash and cash equivalents |
553,280 |
1,022,128 |
|
At 1 April |
|
At 31 March |
|
2022 |
Cash flows |
2023 |
|
£ |
£ |
£ |
| Cash at bank and in hand |
1,022,381 |
(469,101) |
553,280 |
| Bank overdraft |
(253) |
253 |
- |
| Liquid investments |
- |
500,000 |
500,000 |
|
1,022,128 |
31,152 |
1,053,280 |
|
Group |
Group |
Company |
Company |
|
2023 |
2022 |
2023 |
2022 |
|
£ |
£ |
£ |
£ |
| Not laterthan 1 year |
7,092 |
7,092 |
7,092 |
7,092 |
| Later than 1 year and not laterthan 5 years |
6,038 |
16,998 |
6,038 |
15,327 |
| Later than 5 years |
377,750 |
378,250 |
377,750 |
378,250 |
|
390,880 |
402,340 |
390,880 |
400,669 |