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2023-03-31-accounts

Page
ReportoftheTrustees to 4
IndependentExaminer'sReport 5
StatementofFinancialActivities 6
BalanceSheet 7
NotestotheFinancialStatements 8
to
15
DetailedStatementofFinancialActivities 16
to
17

Unrestricted
funds
Notes
£
INCOMEANDENDOWMENTSFROM
Donations and legacies
2
27,646
Charitable activities
5
Theatrical productions
185,937
Other trading activities
3
49,647
Investment income
4
150
Other income
Total
263,380
EXPENDITUREON
Raising funds
6
39,225
Charitable activities
7
Theatrical productions
202,266
Total
24 1,491
NETINCOME
21,889
RECONCILIATIONOFFUNDS
Totalfunds broughtforward
281,252
TOTALFUNDSCARRIEDFORWARD
303,141
Restricted
funds
£
74,962
74,962
2023
Total
funds
£
27,646
185,937
49,647
150
263,380
39,225
202,266
241,491
21,889
356,214
378,103
2022
Total
funds
£
58,174
62,583
15,928
13
49,209
185,907
21,538
156,681
178,219
7,688
348,526
356,214

fiXEDASSETS
Tangihleassl.:ts
CURRf.NTASSETS
Dehtors
Cash atbank
CREDITORS
A mountsfallingduewithin oncyear
NET CUIUU;;NT ASSETS
TOTALASSETS LESSCURRENT
LIABILITIES
NETASSETS
FUNDS
Unrestric tedrunds
Restrietedfllllds
TOTALFUNDS
l inrestricted
runds
Notl.:s
£
I ~-'
137.SS0
14
140.420
IY.62]
160.043
15
(2,452)
165.591
303.141
30:1,141
16
Restricted
Illnds
.E
74.%2
74.9fi2
7<1.962
74.902
74,%2
2023
To tal
Illllds
.I:
I37,55lJ
141).420
94,58S
24:1.()05
(2.452)
24lJ,553
378,1()3
37R,103
2022
Total
Illllds
:E
143.290
3 1.154
189.568
220.722
(7.806)
2 12.Y16
356,214
356.2 14
281,252
74.962
356.214
303,141
74.962
378.103

2.
DONATIONSANDLECACIES
Donations andsponsorship
Grants
Subscriptions
Grants received,includedinthe above, are as follows:
St Ives Town's Fund
CornwallCouncil
Leonard Laity Stoate Charitab le Trust
GroundworkUK
3.
OTHERTRADINCACTIVITIES
Othertradingincome
4.
INVESTMENTINCOME
Interest receivable
5.
INCOMEFROMCHARITABLEACTIVITIES
Box office and programmes
Theatre tax relief
Premises hire
Equipment hire
Acti vity
Theatricalproductions
Theatrical productions
Theatrical productions
Theatrical productions
2023
£
24,963
1,125
~
2023
£
2023
£
49,647
2023
£
150
2023
£
177,983
1,156
1,970
4,828
185,937

2022
£
22,381
26,607
~
2022
£
14,940
10,667
1,000
2022
£
15,928
2022
£
2022
£
13
5 1,577
8,918
1,555
533
62,583

Othertradingactivities
2023 2022
£ £
Purchases 23,053 19,858
100Club 1,440 1,440
Other fund raising costs 14,732 240

Theatrical productions
DIRECTCOSTSOFCHARITABLEACTIVITIES
Trustees' expenses
Storage costs
Costsofperformances
Workshop and wardrobe
Depreciation
SUPPORTCOSTS
Management
Finance
£
£
Theatrical productions
60,927
393
Support costs, includedinthe above, are as follows:
Water charges
Licences and insurance
Light, heat and telephone
Postage and stationery
Marketing and advertising
Sundries
Repairs, cleaning and maintenance
Consultancy and other professional costs
Travel and accommodation
Bank charges
Computercosts
Carried forward
Direct
Costs (see
note8)
£
135,300
Information
technology
£
2,281
Support
costs (see
note9)
£
66,966
2023
£
50
9,145
88,878
31,479
5,748
135,300
Governance
costs
£
3,365
2023
Theatrical
productions
£
2,034
5,741
13,622
519
1,596
16,545
20,594
276
393
~
63,601

Totals
£
202,266
2022
£
129
7,595
39,897
27,591
11 ,957
87,169
Totals
£
66,966
2022
Total
activities
£
2,234
6,277
5,591
217
4,021
1,948
10,712
34,076
145
90
2,451
67,762

SUPPORTCOSTS- continued
2023 2022
Theatrical Total
productions activities
£ £
Brought forward 63,601 67,762
Independent examiner's fees 3,365 ~
66,966 69,512

Net income/(expenditure)isstated after charging/(crediting):
2023 2022
£ £
Depreciation - owned assets 5,748 11,957
Other operating leases 9,145 7,595

Trustees' expenses
12.
COMPARATIVESFORTHESTATEMENTOFFINANCIALACTIVITIES
Unrestricted
funds
£
INCOMEANDENDOWMENTSFROM
Donations and legacies
43,234
Charitableactivities
Theatrical productions
62,583
Other trading activities
15,928
Investment income
13
Other income
49,209
Total
170,967
EXPENDITUREON
Raising funds
21,538
Charitableactivities
Theatrical productions
122,797
Total
144,335
NETINCOME/(EXPENDITURE)
26,632
2023
£
50
Restricted
funds
£
14,940
14,940
33,884
33,884
(18,944)
2022
£
129
Total
funds
£
58,174
62,583
15,928
13
49,209
185,907
21,538
156,681
178,219
7,688
NOTESTOTHEFINANCIALSTATEMENTS- continued NOTESTOTHEFINANCIALSTATEMENTS- continued NOTESTOTHEFINANCIALSTATEMENTS- continued
FORTHEYEARENDED31MARCH2023
12. **COMPARATIVESFORTHESTATEMENTOFFINANCIALACTIVITIES- ** continued
Unrestricted Restricted Total
funds funds funds
£ £ £
Transfersbetween funds (18,944) 18,944
Net movementinfunds 7,688 7,688
RECONCILIATIONOFFUNDS
Total funds brought forward 273,564 74,962 348,526
TOTALFUNDSCARRIEDFORWARD 281,252 74,962 356,214
13. TANGIBLEFIXEDASSETS
Fixtures
Freehold and
property fittings Totals
£ £ £
COST
At1 April 2022 and 31 March 2023 163,750 152,935 3 16,685
DEPRECIATION
At 1 April 2022 22,925 150,462 173,387
Charge for year 3,275 2,473 5,748
At 3 1 March 2023 26,200 152,935 179,135
NETBOOKVALUE
At31March 2023 137,550 137,550
At31March 2022 140,825 2,473 143,298
**14. ** DEBTORS:AMOUNTSFALLINGDUEWITHINONEYEAR
2023 2022
£ £
Amounts owed by groupundertakings 145,6 14
Other debtors 1,156 7,577
Prepayments ~
23,577
148,420 31,154

16.
Accruals and deferred income
Accrued expenses
MOVEMENTINFUNDS
Unrestricted fu nds
General fund
Fix ed asset reserve
Restricted funds
Backpackers Hostel
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Fixed asset reserve
TOTAL FUNDS
At_114/22_
£
137,954
143,298
281,252
74,962
356,214
2023
£
142
2,310
Net
movement
infunds
£
27,637
(5,748)
21,889
21 ,889
Resources
expended
£
(235,743)
(5,748)
(241,491)
(241,491)
2022
£
6,056
1,750
At
3 1/3/23
£
165,591
137,550
303,141
74,962
378,103
Movement
infunds
£
27,637
(5,748)
21 ,889
2 1,889
Incoming
resources
£
263,380
263,380
263,380

Net
movement
At1/4/21
infunds
£
£
Unrestrictedfunds
General fund
118,309
38,589
Fixed asset reserve
155,255
(11,957)
273,564
26,632
Restrictedfunds
Backpackers Hostel
74,962
St IvesTown'sFund Grant
(18,944)
74,962
(18,944)
TOTALFUNDS
348,526
7,688
Transfers
between
funds
£
(18,944)
At
3113/22
£
137,954
143,298
(18,944)
18,944
281,252
74,962
18,944 74,962
356,214
Incoming
resources
£
Unrestrictedfunds
General fund
170,967
Fix ed asset reserve
170,967
Restrictedfunds
St IvesTown'sFund Grant
14,940
TOTALFUNDS
185,907
Resources
Movement
expended
infunds
£
£
(132,378)
38,589
(11 ,957)
(11 ,957)
( 144,335)
26,632
(33,884)
(18,944)
(178,219)
7,688
Unrestrictedfunds
Generalfund
Fixed asset reserve
Restrictedfunds
Backpackers Hostel
StIvesTown'sFund Grant
TOTALFUNDS
Net
movement
At1/4/21
infunds
£
£
118,309
66,226
155,255
(17,705)
273,564
48,521
74,962
(18,944)
74,962
(18,944 )
348,526
29,577
Transfers
between
funds
£
(18,944)
(18,944)
18,944
18,944
At
3 1/3/23
£
165,591
137,550
303,141
74,962
74,962
378,103

Incoming
resources
£
Unrestricted funds
General fund
434,347
Fixed asset reserve
434,347
Restricted funds
St Ives Town's Fund Grant
14,940
TOTAL FUNDS
449,287
Resources
Movement
expended
infunds
£
£
(368,121)
66,226
(17,705)
(17,705)
(385,826)
48,521
(33,884 )
(18,944)
(419,7 10)
29,577

INCOMEANDENDOWMENTS
Donations and legacies
Donations and sponsorship
Grants
Subscriptions
Othertradingactivities
Othertrad ingincome
Investment income
Interest receivable
Charitableactivities
Box office andprogrammes
Theatretaxrelief
Premises hire
Equipment hire
Otherincome
Business interruption insurance
Totalincomingresources
EXPENDITURE
Othertradingactivities
Bar costs
Merchandise and other tradingexpenses
100 Club
Otherfund raising costs
Charitableactivities
Trustees'expenses
Storage costs
Costsofperformances
Workshopand wardrobe
Freehold propel1y
Fixtures and fittings
Supportcosts
Management
Watercharges
Carried forward
2023
£
24,963
1,125
1,558
27,646
49,647
150
177,983
1,156
1,970
4,828
185,937
263,380
658
22,395
1,440
14,732
39,225
50
9,145
88,878
31,479
3,275
2,473
135,300
2,034
2,034
2022
£
22,381
26,607
9,186
58, 174
15,928
13
51,577
8,918
1,555
5~~
JJ
62,583
49,209
185,907
11,974
7,884
1,440
240
21,538
129
7,595
39,897
27,591
3,275
8,682
87,169
2,234
2,234

DETAILEDSTATEMENTOFFINANCIALACTIVITIES
FORTHEYEARENDED31MARCH2023
Management
Brought forward
Licences and insurance
Light, heat and telephone
Postage and stationery
Marketing and advertising
Sundries
Repairs, cleaning and maintenance
Consultancy and other professional costs
Travel and accommodation
Finance
Bank charges
I nformation technology
Computercosts
Covernancecosts
Independent examiner's fees
Total resources expended
Net income
2023
£
2,034
5,741
13,622
519
1,596
16,545
20,594
276
60,927
393
2,281
3,365
241,491
21,889
2022
£
2,234
6,277
5,591
217
4,021
1,948
10,712
34,076
145
65,221
90
2,451
1,750
178,219
7,688