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|ReportoftheTrustees||to|4|
|IndependentExaminer'sReport||5||
|StatementofFinancialActivities||6||
|BalanceSheet||7||
|NotestotheFinancialStatements|8|<br>to|15|
|DetailedStatementofFinancialActivities|16|<br>to|17|





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





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|fiXEDASSETS<br>Tangihleassl.:ts<br>CURRf.NTASSETS<br>Dehtors<br>Cash atbank<br>CREDITORS<br>A mountsfallingduewithin oncyear<br>NET CUIUU;;NT ASSETS<br>TOTALASSETS LESSCURRENT<br>LIABILITIES<br>NETASSETS<br>FUNDS<br>Unrestric tedrunds<br>Restrietedfllllds<br>TOTALFUNDS<br>l inrestricted<br>runds<br>Notl.:s<br>£<br>I ~-'<br>137.SS0<br>14<br>140.420<br>IY.62]<br>160.043<br>15<br>(2,452)<br>165.591<br>303.141<br>30:1,141<br>16||Restricted<br>Illnds<br>.E<br>74.%2<br>_74.9fi2_<br>7<1.962<br>74.902<br>74,%2|2023<br>To tal<br>Illllds<br>.I:<br>I37,55lJ<br>141).420<br>_94,58S_<br>24:1.()05<br>(2.452)<br>24lJ,553<br>378,1()3<br>37R,103|2022<br>Total<br>Illllds<br>:E<br>143.290<br>3 1.154<br>189.568<br>220.722<br>(7.806)<br>2 12.Y16<br>356,214<br>356.2 14<br>281,252<br>74.962<br>356.214|
|---|---|---|---|---|
||||303,141<br>74.962<br>378.103||





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|2.<br>DONATIONSANDLECACIES<br>Donations andsponsorship<br>Grants<br>Subscriptions<br>Grants received,includedinthe above, are as follows:<br>St Ives Town's Fund<br>CornwallCouncil<br>Leonard Laity Stoate Charitab le Trust<br>GroundworkUK<br>3.<br>OTHERTRADINCACTIVITIES<br>Othertradingincome<br>4.<br>INVESTMENTINCOME<br>Interest receivable<br>5.<br>INCOMEFROMCHARITABLEACTIVITIES<br>Box office and programmes<br>Theatre tax relief<br>Premises hire<br>Equipment hire<br>Acti vity<br>Theatricalproductions<br>Theatrical productions<br>Theatrical productions<br>Theatrical productions|2023<br>£<br>24,963<br>1,125<br>~<br>2023<br>£<br>2023<br>£<br>49,647<br>2023<br>£<br>150<br>2023<br>£<br>177,983<br>1,156<br>1,970<br>4,828<br>185,937|<br>2022<br>£<br>22,381<br>26,607<br>~<br>2022<br>£<br>14,940<br>10,667<br>1,000<br>2022<br>£<br>15,928<br>2022<br>£<br>2022<br>£<br>13<br>5 1,577<br>8,918<br>1,555<br>533<br>62,583|
|---|---|---|





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



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|Theatrical productions<br>DIRECTCOSTSOFCHARITABLEACTIVITIES<br>Trustees' expenses<br>Storage costs<br>Costsofperformances<br>Workshop and wardrobe<br>Depreciation<br>SUPPORTCOSTS<br>Management<br>Finance<br>£<br>£<br>Theatrical productions<br>60,927<br>393<br>Support costs, includedinthe above, are as follows:<br>Water charges<br>Licences and insurance<br>Light, heat and telephone<br>Postage and stationery<br>Marketing and advertising<br>Sundries<br>Repairs, cleaning and maintenance<br>Consultancy and other professional costs<br>Travel and accommodation<br>Bank charges<br>Computercosts<br>Carried forward|Direct<br>Costs (see<br>note8)<br>£<br>135,300<br>Information<br>technology<br>£<br>2,281<br>|Support<br>costs (see<br>note9)<br>£<br>66,966<br>2023<br>£<br>50<br>9,145<br>88,878<br>31,479<br>5,748<br>135,300<br>Governance<br>costs<br>£<br>3,365<br>2023<br>Theatrical<br>productions<br>£<br>2,034<br>5,741<br>13,622<br>519<br>1,596<br>16,545<br>20,594<br>276<br>393<br>~<br>63,601|<br>Totals<br>£<br>202,266<br>2022<br>£<br>129<br>7,595<br>39,897<br>27,591<br>11 ,957<br>87,169<br>Totals<br>£<br>66,966<br>2022<br>Total<br>activities<br>£<br>2,234<br>6,277<br>5,591<br>217<br>4,021<br>1,948<br>10,712<br>34,076<br>145<br>90<br>2,451<br>67,762|
|---|---|---|---|



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



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



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|Trustees' expenses<br>12.<br>COMPARATIVESFORTHESTATEMENTOFFINANCIALACTIVITIES<br>Unrestricted<br>funds<br>£<br>INCOMEANDENDOWMENTSFROM<br>Donations and legacies<br>43,234<br>Charitableactivities<br>Theatrical productions<br>62,583<br>Other trading activities<br>15,928<br>Investment income<br>13<br>Other income<br>49,209<br>Total<br>170,967<br>EXPENDITUREON<br>Raising funds<br>21,538<br>Charitableactivities<br>Theatrical productions<br>122,797<br>Total<br>144,335<br>NETINCOME/(EXPENDITURE)<br>26,632|2023<br>£<br>50<br>Restricted<br>funds<br>£<br>14,940<br>14,940<br>33,884<br>33,884<br>(18,944)|2022<br>£<br>129<br>Total<br>funds<br>£<br>58,174<br>62,583<br>15,928<br>13<br>49,209|
|---|---|---|
|||185,907|
|||21,538<br>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**||||||
||**At**1 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||||~|<br>23,577|
||||||148,420|31,154|





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





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|Net<br>movement<br>At1/4/21<br>infunds<br>£<br>£<br>Unrestrictedfunds<br>General fund<br>118,309<br>38,589<br>Fixed asset reserve<br>155,255<br>(11,957)<br>273,564<br>26,632<br>Restrictedfunds<br>Backpackers Hostel<br>74,962<br>St IvesTown'sFund Grant<br>(18,944)<br>74,962<br>(18,944)<br>TOTALFUNDS<br>348,526<br>7,688|Transfers<br>between<br>funds<br>£<br>(18,944)|At<br>3113/22<br>£<br>137,954<br>143,298|
|---|---|---|
||(18,944)<br>18,944|281,252<br>74,962|
||18,944|74,962<br>356,214|



|Incoming<br>resources<br>£<br>Unrestrictedfunds<br>General fund<br>170,967<br>Fix ed asset reserve<br>170,967<br>Restrictedfunds<br>St IvesTown'sFund Grant<br>14,940<br>TOTALFUNDS<br>185,907|Resources<br>Movement<br>expended<br>infunds<br>£<br>£<br>(132,378)<br>38,589<br>(11 ,957)<br>(11 ,957)<br>( 144,335)<br>26,632<br>(33,884)<br>(18,944)<br>(178,219)<br>7,688|
|---|---|



|Unrestrictedfunds<br>Generalfund<br>Fixed asset reserve<br>Restrictedfunds<br>Backpackers Hostel<br>StIvesTown'sFund Grant<br>TOTALFUNDS|Net<br>movement<br>At1/4/21<br>infunds<br>£<br>£<br>118,309<br>66,226<br>155,255<br>(17,705)<br>273,564<br>48,521<br>74,962<br>(18,944)<br>74,962<br>(18,944 )<br>348,526<br>29,577|Transfers<br>between<br>funds<br>£<br>(18,944)<br>(18,944)<br>18,944<br>18,944|At<br>3 1/3/23<br>£<br>165,591<br>137,550<br>303,141<br>74,962<br>74,962<br>378,103|
|---|---|---|---|





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



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|**INCOMEANDENDOWMENTS**<br>**Donations and legacies**<br>Donations and sponsorship<br>Grants<br>Subscriptions<br>**Othertradingactivities**<br>Othertrad ingincome<br>**Investment income**<br>Interest receivable<br>**Charitableactivities**<br>Box office andprogrammes<br>Theatretaxrelief<br>Premises hire<br>Equipment hire<br>**Otherincome**<br>Business interruption insurance<br>**Totalincomingresources**<br>**EXPENDITURE**<br>**Othertradingactivities**<br>Bar costs<br>Merchandise and other tradingexpenses<br>100 Club<br>Otherfund raising costs<br>**Charitableactivities**<br>Trustees'expenses<br>Storage costs<br>Costsofperformances<br>Workshopand wardrobe<br>Freehold propel1y<br>Fixtures and fittings<br>**Supportcosts**<br>**Management**<br>Watercharges<br>Carried forward<br>2023<br>£<br>24,963<br>1,125<br>1,558<br>27,646<br>49,647<br>**150**<br>177,983<br>1,156<br>1,970<br>4,828<br>185,937<br>263,380<br>658<br>22,395<br>1,440<br>14,732<br>39,225<br>50<br>9,145<br>88,878<br>31,479<br>3,275<br>2,473<br>135,300<br>2,034<br>2,034|2022<br>£<br>22,381<br>26,607<br>9,186<br>58, 174<br>15,928<br>13<br>51,577<br>8,918<br>1,555<br>5~~<br>_JJ_<br>62,583<br>49,209<br>185,907<br>11,974<br>7,884<br>1,440<br>240<br>21,538<br>129<br>7,595<br>39,897<br>27,591<br>3,275<br>8,682<br>87,169<br>2,234<br>2,234|
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|**DETAILEDSTATEMENTOFFINANCIALACTIVITIES**<br>**FORTHEYEARENDED31MARCH2023**|||
|---|---|---|
|**Management**<br>Brought forward<br>Licences and insurance<br>Light, heat and telephone<br>Postage and stationery<br>Marketing and advertising<br>Sundries<br>Repairs, cleaning and maintenance<br>Consultancy and other professional costs<br>Travel and accommodation<br>**Finance**<br>Bank charges<br>**I nformation technology**<br>Computercosts<br>**Covernancecosts**<br>Independent examiner's fees<br>Total resources expended<br>**Net income**|2023<br>£<br>2,034<br>5,741<br>13,622<br>519<br>1,596<br>16,545<br>20,594<br>276<br>60,927<br>393<br>2,281<br>3,365<br>241,491<br>21,889|2022<br>£<br>2,234<br>6,277<br>5,591<br>217<br>4,021<br>1,948<br>10,712<br>34,076<br>145|
|||65,221<br>90<br>2,451<br>1,750<br>178,219<br>7,688|