#
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##
|Trustees|||L Bacon||||
|---|---|---|---|---|---|---|
||||KCarne||||
||||R Christiansen||||
||||LDean||||
||||Sir R Dearlove||||
||||A Farnsworth||||
||||A Glinsman||||
||||SGrady||||
||||J Iliffe||||
||||I Mather,
Chairman||||
||||D Rapley||||
||||A Swarbrick||||
|Company|registered||||||
|number|||03536370||||
|Charity registered|||||||
|number|||1069912||||
|Registered||office|6St Edward's Passage||||
||||Cambridge||||
||||CB23PJ||||
|Company|Secretary||VBeechey||||
|Chief Executive Officer|||D Murphy||||
|Independent||auditors|Peters Elworthy LMoore||||
||||Chartered
Accountants||||
||||Salisbury
House||||
||||Station Road||||
||||Cambridge||||
||||CB1 2LA||||
|Bankers|||National
Westminster|Bank pic|||
||||21 Petty Cury||||
||||Cambridge||||
||||CB23NE||||
|Senior Management|||VBeechey, Head ofFinance||||
|Team|||C Brindle, Programming|and|Productions|Manager|
||||K Collins, Head of Marketing||and Sales||
||||JCree, Head ofTechnical||||
||||N Hupe, Development|Director|||
||||KKeegan, Executive Assistant to the Chief Executive||||
||||D Rogers, Executive Director||||
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||||||As restated|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||2021|2021|2021|2020|
||Note|||E|F|
|INCOME FROM:||||||
|Donations
and grants|3|1,131,400|115,563|1,246,963|114,899|
|Charitable
activities|4|140,208||140,208|4,482,902|
|Other trading activities:|5|||||
|Raising funds and generating||||||
|membership
income||98,769||98,769|265,595|
|Investments||294||294|1,444|
|Other income||303,075||303,075|9,500|
|TOTAL INCOME||1,673,746|115,563|1,789,309|4,874,340|
|EXPENDITURE ON:||||||
|Raising funds and generating||||||
|membership
income|8|57,634||57,634|113,798|
|Charitable
activities|9,10|1,662,816|77,403|1,740,219|4,502,250|
|TOTAL EXPENDITURE||1,720,450|77,403|1,797,853|4,616,048|
|NET MOVEMENT
IN FUNDS||(46,704)|38,160|(8,544)|258,292|
|RECONCILIATION
OF FUNDS:||||||
|Total funds brought
forward (as||||||
|restated)||1,548,583|1,327,529|2,876,112|2,617,820|
|Net movement
in funds||(46,704)|38,160|(8,544)|258,292|
|TOTAL FUNDS CARRIED FORWARD||1,501,879|1,365,689|2,867,568|2,876,112|
##
##
|||COMPANY BALANCE SHEET|COMPANY BALANCE SHEET|||
|---|---|---|---|---|---|
|||AS AT 31 MARCH 2021||||
||||||As restated|
||||2021||2020|
|||Note|K|||
|FIXEDASSETS||||||
|Tangible assets||13|1,724,594||1,779,736|
|Investments||14|103||103|
||||1,724,697||1,779,839|
|CURRENT ASSETS||||||
|Stocks|||2,049|8,019||
|Debtors||15|313,120|278,801||
|Cash at bank and|in hand||1,348,942|1,687,163||
||||1,664,111|1,973,983||
|Creditors: amounts|falling due within one|||||
|year||16|(519,452)|(875,976)||
|NET CURRENT ASSETS|||1,144,659||1,098,007|
|TOTAL NET ASSETS|||2,869,356||2,877,846|
|CHARITY FUNDS||||||
|Restricted funds||18|1,365,689||1,327,529|
|Unrestricted
funds||18|1,503,667||1,550,317|
|TOTAL FUNDS|||2,869,356||2,877,846|
##
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Note|||
|CASH FLOWS FROM OPERATING ACTIVITIES|||||||
|Net cash|used
in operating
activities|||22|(326,361)|317,071|
|CASH FLOWS FROM INVESTING ACTIVITIES|||||||
|Dividends,|interests
and rents from investments||||294|1,444|
|Purchase|oftangible fixed assets||||(39,230)|(96,565)|
|NET CASH USED IN INVESTING ACTIVITIES|||||(38,936)|(95,121)|
|CHANGE|IN CASH AND CASH EQUIVALENTS|IN THE|YEAR||(365,297)|221,950|
|Cash and|cash equivalents
at the beginning
ofthe year||||1,739,585|1,517,635|
|CASH AND CASH EQUIVALENTS AT THE END||OF THE YEAR||23|1,374,288|1,739,585|
|The notes|on pages 21 to 43 form part ofthese financial||statements||||
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##
||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2021|2021|2021f|2020|
|Donations|83,105|70,563|153,668|114,899|
|Grants|985,000|45,000|1,030,000||
|Gift in kind|63,295||63,295||
||1,131,400|115,563|1,246,963|114,899|
|TOTAL 2020|64,899|50,000|114,899||
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2020|
|Income from performances|-admission fees|130,446|130,446|4,048,459|
|Front of house||9,762|9,762|379,415|
|Other income||||55,028|
|||140,208|140,208|4,482,902|
|TOTAL 2020||4,482,902|4,482,902||
##
##
##
##
##
##
##
|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funds|
|2021f|2021|2020|
|98,769|98,769|265,595|
|265,595|265,595||
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021f|2021
f.|2020
F|
|Interest reveivable||294|294|1,444|
|TOTAL 2020||1,444|1,444||
|OTHER INCOMING RESOURCES|||||
|||Unrestricted|Total|Total|
|||funds|funds|funds|
|||2021
E|2021f|2020
F|
|Government|grants|303,075|303,075|4,500|
|Insurance
proceeds||||5,000|
|TOTAL 2021||303,075|303,075|9,500|
|TOTAL 2020||9,500|9,500||
##
##
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##
##
##
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021f|2020
F|
|Fundraising|staff costs|57,634|57,634|113,798|
|TOTAL 2020||113,798|113,798||
##
##
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
|||||||F|
|Theatre|running|costs|1,535,715|77,403|1,613,118|4,189,797|
|Front of|house|costs|127,101||127,101|312,453|
||||1,662,816|77,403|1,740,219|4,502,250|
|TOTAL|2020||4,418,272|83,978|4,502,250||
##
##
##
||||||Total|Total|
|---|---|---|---|---|---|---|
|||Staffcosts|Depreciation|Other costs|funds|funds|
|||2021|2021|2021|2021|2020|
|||K|K|F|||
|Theatre|running costs|859,343|94,372|659,403|1,613,118|4,189,797|
|Front of|house costs|115,625||11,476|127,101|312,453|
|||974,968|94,372|670,879|1,740,219|4,502,250|
|TOTAL|2020|1,051,154|94,643|3,356,453|4,502,250||
|||Activities||||
|---|---|---|---|---|---|
|||undertaken|Support|Total|Total|
|||directly|costs|funds|funds|
|||2021
E|2021
E|2021f|2020|
|Theatre|running costs|1,300,118|313,000|1,613,118|4,189,797|
|Front of|house costs|127,101||127,101|312,453|
|||1,427,219|313,000|1,740,219|4,502,250|
|TOTAL|2020|4,180,444|321,806|4,502,250||
##
##
##
##
##
##
|||Theatre|||
|---|---|---|---|---|
|||running|Total|Total|
|||costs|funds|funds|
|||2021|2021|2020|
||||F||
|Depreciation||94,372|94,372|94,643|
|Insurance||32,666|32,666|25,663|
|Administrative|costs|53,404|53,404|74,002|
|Irrecoverable|VAT|66,504|66,504|85,641|
|Governance|costs|66,054|66,054|41,857|
|||313,000|313,000|321,806|
|TOTAL 2020||321,806|321,806||
##
##
##
||Group|Group|Company|Company|
|---|---|---|---|---|
||2021|2020|2021|2020|
||E|||F|
|Wages and salaries|906,559|1,020,745|905,009|1,020,745|
|Social security costs|82,520|99,761|82,520|99,761|
|Other pension costs|43,523|44,446|43,523|44,446|
||1,032,602|1,164,952|1,031,052|1,164,952|
##
##
##
|||||Group|Group|
|---|---|---|---|---|---|
|||||2021|2020|
|||||No.|No.|
|Theatre staff|(including|front|ofhouse)|13|17|
|Management,|administration||and support|12|17|
|||||25|34|
|Group|Group|
|---|---|
|2021|2020|
|No.|No.|
##
##
##
##
##
||||Assets in||
|---|---|---|---|---|
||Leasehold|Fixtures,|the course||
||improve|fittings and|of||
||-ments|equipment|construction|Total|
||E|||f.|
|COST OR VALUATION|||||
|At 1 April 2020 (as restated)|1,592,155|883,381|44,644|2,520,180|
|Additions||2,780|36,450|39,230|
|At 31 March 2021|1,592,155|886,161|81,094|2,559,410|
|DEPRECIATION|||||
|At 1 April 2020 (as restated)|203,297|537,147||740,444|
|Charge for the year|31,843|62,529||94,372|
|At 31 March 2021|235,140|599,676||834,816|
|NET BOOK VALUE|||||
|At 31 March 2021|1,357,015|286,485|81,094|1,724,594|
|At 31 March 2020 (as restated)|1,388,858|346,234|44,644|1,779,736|
##
##
##
##
||||Assets in||
|---|---|---|---|---|
||Leasehold|Fixtures,|the course||
||improve|fittings and|of||
||-ments|equipment|construction|Total|
|||F|E||
|COST OR VALUATION|||||
|At 1 April 2020 (as restated)|1,592,155|873,426|44,644|2,510,225|
|Additions||2,780|36,450|39,230|
|At 31 March 2021|1,592,155|876,206|81,094|2,549,455|
|DEPRECIATION|||||
|At 1 April 2020 (as restated)|203,297|527,192||730,489|
|Charge for the year|31,843|62,529||94,372|
|At 31 March 2021|235,140|589,721||824,861|
|NET BOOK VALUE|||||
|At 31 March 2021|1,357,015|286,485|81,094|1,724,594|
|At 31 March 2020 (as restated)|1,388,858|346,234|44,644|1,779,736|
##
||Investments|
|---|---|
||In|
||subsidiary|
||companies|
|COMPANY||
|COST AND NET BOOK VALUE||
|At 1 April 2020|103|
|At 31 March 2021|103|
##
|Names||||Company|Company|Principal|Principal|activity|Holding|Included|in|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||number||||||consolidation||
|Cambridge|Arts Theatre Panto|||09834084||Production||services|100%|Yes||
|Limited||||||||||||
|Cambridge|Arts (84 Charing Cross|||10255496||Production||services|100%|Yes||
|Road) Limited||||||||||||
|Cambridge|Arts Theatre (Pressure)|||11331484|||||100%|Yes||
|Limited||||||||||||
|Roof Garden||Restaurants|Limited||||||100%|Yes||
|The financial||results ofthe subsidiaries||for the|year were:|||||||
|Names|||||Income||Expenditure||Profit/(Loss)|Net|assets|
|||||||||F|ISurplus/||F|
||||||||||(Deficit) for|||
||||||||||the year|||
||||||||||F|||
|Cambridge||Arts Theatre|Panto Limited||123,657|||(123,657)|9,836||100|
|Cambridge||Arts (84 Charing Cross||||(1,030)||1,030|||1|
|Road) Limited||||||||||||
|Cambridge||Arts Theatre|(Pressure)|||||(54)|(54)||(1,787)|
|Limited||||||||||||
##
##
##
##
|||Group|Group|Company|Company|
|---|---|---|---|---|---|
|||2021|2020|2021|2020|
|||E||F||
|DUE WITHIN|ONE YEAR|||||
|Trade debtors||7,166|49,208|7,166|49,208|
|Amounts
owed by group undertakings||||71,901|76,152|
|Other debtors||113,541|22,313|106,497|22,000|
|Prepayments|and accrued income|127,556|131,441|127,556|131,441|
|Tax recoverable||39,921|30,085|||
|||288,184|233,047|313,120|278,801|
##
##
|||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|---|
|||||2021|2020|2021|2020|
|||||F|||f.|
|Accruals||||102,466|50,593|100,366|42,293|
|Trade creditors||||115,091|130,146|115,095|130,146|
|Other taxation and||social security||18,038|111,222|18,038|111,222|
|Other creditors||||235,539|230,365|235,540|230,366|
|Deferred|income|||50,413|361,949|50,413|361,949|
|||||521,547|884,275|519,452|875,976|
|||||Group|Group|Company|Company|
|||||2021|2020|2021|2020|
|Deferred|income at|1 April 2020||361,949|453,915|361,949|453,915|
|Resources deferred||during the year||4,185|361,949|4,185|361,949|
|Amounts|released from previous||periods|(315,721)|(453,915)|(315,721)|(453,915)|
|||||50,413|361,949|50,413|361,949|
##
##
##
##
##
##
|||||Balance at 1||||
|---|---|---|---|---|---|---|---|
|||||April 2020|||Balance at|
|||||(as|||31 March|
|||||restated)|Income|Expenditure|2021|
||||||F||F|
|UNRESTRICTED FUNDS||||||||
|Reserves||||1,080,744|1,673,746|(1,720,450)|1,034,040|
|Designated|- Auditorium||Refurbishment|||||
|project||||467,839|||467,839|
|||||1,548,583|1,673,746|(1,720,450)|1,501,879|
|RESTRICTED FUNDS||||||||
|Foyer Fund||||1,212,735||(28,107)|1,184,628|
|I ighting
Equipment||Fund||111,257||(9,408)|101,849|
|Archiving
Fund||||3,537|40,000|(39,888)|3,649|
|Auditorium|Project||||45,000||45,000|
|Panto Wheels|||||30,563||30,563|
|||||1,327,529|115,563|(77,403)|1,365,689|
|TOTAL OF|FUNDS|||2,876,112|1,789,309|(1,797,853)|2,867,568|
##
##
##
||||||||Balance at|
|---|---|---|---|---|---|---|---|
||||Balance at||||31 March|
||||1 April 2019|||Transfers|2020|
||||(as restated)|Income|Expenditure|in/out|(as restated)|
|UNRESTRICTED FUNDS||||||||
|Reserves|||1,041,307|4,824,340|(4,532,070)|(252,833)|1,080,744|
|Designated|-Auditorium|||||||
|Refurbishment
project|||215,006|||252,833|467,839|
||||1,256,313|4,824,340|(4,532,070)||1,548,583|
|RESTRICTED FUNDS||||||||
|Foyer Fund|||1,240,842||(28,107)||1,212,735|
|Lighting
Equipment||Fund|120,665||(9,408)||111,257|
|Archiving
Fund||||50,000|(46,463)||3,537|
||||1,361,507|50,000|(83,978)||1,327,529|
|TOTAL OF|FUNDS||2,617,820|4,874,340|(4,616,048)||2,876,112|
##
##
##
|STATEMEN|T OF F|UNDS (C|OMPANY ONLY)|- CURRENT|YEAR|||
|---|---|---|---|---|---|---|---|
||||Balance at 1|||||
||||April 2020||||Balance at|
||||(as|||Transfers|31 March|
||||restated)|Income|Expenditure|in/out|2021|
||||||E||F|
|UNRESTRICTED FUNDS||||||||
|Reserves|||1,082,478|1,673,746|(1,720,396)||1,035,828|
|Designated - Auditorium
Refurbishment
project|||467,839||||467,839|
||||1,550,317|1,673,746|(1,720,396)||1,503,667|
|RESTRICTED FUNDS||||||||
|Foyer Fund|||1,212,735||(28,107)||1,184,628|
|Lighting
Equipment||Fund|111,257||(9,408)||101,849|
|Archiving
Fund|||3,537|40,000|(39,888)||3,649|
|Auditorium|Project|||45,000|||45,000|
|Panto Wheels||||30,563|||30,563|
||||1,327,529|115,563|(77,403)||1,365,689|
|TOTAL OF|FUNDS||2,877,846|1,789,309|(1,797,799)||2,869,356|
##
##
|STATEMEN|T OF F|UNDS (C|OMPANY ONLY)|- PRIOR YE|AR|||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||||||31 March|
||||Balance at 1||||2020|
||||April 2019|||Transfers|(as|
||||(as restated)|Income|Expenditure|in/out|restated)|
||||F||f|f|F|
|UNRESTRICTED FUNDS||||||||
|Reserves|||1,041,307|4,824,340|(4,530,336)|(252,833)|1,082,478|
|Designated
-Auditorium
Refurbishment
project|||215,006|||252,833|467,839|
||||1,256,313|4,824,340|(4,530,336)||1,550,317|
|RESTRICTED FUNDS||||||||
|Foyer Fund|||1,240,842||(28,107)||1,212,735|
|Lighting
Equipment||Fund|120,665||(9,408)||111,257|
|Archiving
Fund||||50,000|(46,463)||3,537|
||||1,361,507|50,000|(83,978)||1,327,529|
|TOTAL OF|FUNDS||2,617,820|4,874,340|(4,614,314)||2,877,846|
|ANALYS|IS O|F NET|AS|SETS BETWEEN FU|NDS (GROUP) - CURRENT YE|AR||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||2021f|2021|2021
F|
|Tangible|fixed|assets|||438,117|1,286,477|1,724,594|
|Current|assets||||1,585,309|79,212|1,664,521|
|Creditors|due|within|one|year|(521,547)||(521,547)|
|TOTAL|||||1,501,879|1,365,689|2,667,568|
##
##
##
##
##
##
|ANALYS|IS O|F NET|AS|SETS BETWEEN FU|NDS (GROUP) - PRIOR YEAR|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||2020 (as|2020 (as|2020 (as|
||||||restated)|restated)|restated)|
|||||||F||
|Tangible|fixed|assets|||455,744|1,323,992|1,779,736|
|Current|assets||||1,977,114|3,537|1,980,651|
|Creditors|due|within|one|year|(884,275)||(884,275)|
|TOTAL|||||1,548,583|1,327,529|2,876,112|
##
##
|ANALYSIS OF NET ASSETS BETWEEN FU|NDS (COMPANY ONLY) - CU|RRENT YEAR||
|---|---|---|---|
||Unrestricted|Restricted||
||funds|funds|Total funds|
||2021|2021|2021|
|||F||
|Tangible fixed assets|438,117|1,286,477|1,724,594|
|Investments|103||103|
|Current assets|1,584,899|79,212|1,664,111|
|Creditors due within one year|(519,452)||(519,452)|
|TOTAL|1,503,667|1,365,689|2,869,356|
##
##
##
##
##
##
|ANALYSIS OF NET|ASSETS B|ET|WEEN|FUND|S - P|RIOR YEAR (COMPAN|RIOR YEAR (COMPAN|RIOR YEAR (COMPAN|Y ONLY)||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|||Restricted||
|||||||||funds|funds|Total funds|
||||||||2020 (as||2020 (as|2020 (as|
||||||||restated)||restated)|restated)|
|Tangible fixed assets|||||||455,744||1,323,992|1,779,736|
|Investments||||||||103||103|
|Current assets|||||||1,970,446||3,537|1,973,983|
|Creditors due within|one year||||||(875,976)|||(875,976)|
|TOTAL|||||||1,550,317||1,327,529|2,877,846|
|RECONCILIATION|OF NET MOVEMENT|||IN FUNDS||TO NET|CASH|FLOW|FROM OPERATING||
|ACTIVITIES|||||||||||
||||||||||Group|Group|
||||||||||2021|2020|
|Net
(expenditure)/income
for||the|year|(as|per|Statement|of||||
|Financial Activities)|||||||||(8,644)|258,292|
|ADJUSTMENTS FOR:|||||||||||
|Depreciation
charges||||||||13|94,372|94,643|
|Dividends,
interests|and rents from||investments|||||6|(294)|(1,444)|
|Decrease/(increase)|in stocks||||||||5,970|(1,711)|
|(Increase)/decrease|in debtors||||||||(55,137)|44,102|
|Decrease
in creditors|||||||||(362,728)|(76,811)|
|NET CASH (USED|IN)/PROVIDED||BYOPERATING|||ACTIVITIES|||(326,361)|317,071|
##
##
##
##
##
##
|||||||At 1 April||At 31 March|
|---|---|---|---|---|---|---|---|---|
|||||||2020|Cash flows|2021|
||||||||f.||
|Cash|at|bank|and|in|hand|1,739,585|(365,297)|1,374,288|
|||||||1,739,585|(365,297)|1,374,288|
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|payments|und|er non-cancellable
operating
lease|s as follows:||||
|---|---|---|---|---|---|---|
||||Group|Group|Company|Company|
||||2021|2020|2021|2020|
||||||E||
|Not later than||1 year|7,211|7,575|7,211|7,575|
|Later than|1 year and not later than 5years||7,915|15,126|7,915|15,126|
||||15,126|22,701|15,126|22,701|
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