2021-12-31-accounts - Theatre Arts Action Trust

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					2021	2020
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	E	E	E	E
INCOME AND ENDOWMENTS FROM
Donations and legacies		3	20,916	95,248	116,164	38,017
Charitable activities
Headgate Theatre			49,902		49,902	49,331
Other trading activities			40,834		40,834	10,057
Investment income			699		699	1,061
			112,351	95,24$	207,599	98,466
EXPENDITURE ON
Raising funds			20,744	1,935	22,679	9,312
Charitable activities
Headgate Theatre			104,705	57,233	161,938	122,556
Total			125,449	59,168	1$4,617	131,868
NET INCOME/(EXPENDITURE)			(13,098)	36,080	22,9$2	(33,402)
Transfers between	funds	20	22,500	(22,500)
Net movement in funds			9,402	13,580	22,982	(33,402)
RECONCILIATION OF FUNDS
Total funds brought	forward		274,41Z	42,747	317,159	350,561
TOTAL FUNDS CARRIED FORWARD			283,814	56,327	340,141	317,159

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	E	E	f	E
FIXEDASSETS
Tangible assets	15	116,283	43,342	159,625	184,782
CURRENT ASSETS
Stocks	16	859		859	346
Debtors	17	34,814		34,814	1,350
Cash at bank and in hand		147,733	12,985	160,718	138,417
		183,406	12,985	196,391	140,113
CREDITORS
Amounts falling due within one year	18	(15,875)		(15,875)	(7,736)
NET CURRENT ASSETS		167,531	12,985	180,516	132,377
TOTAL ASSETS LE55 CURRENT LIABILITIES		283,814	56,327	340,141	317,159
NET ASSETS		283,814	56,327	340,141	317,159
FUNDS	20
Unrestricted funds				283,814	274,412
Restricted funds				56,327	42,747
TOTALFUNDS				340,141	317,159

			2021	2020
			6	6
Donations			19,348	8,011
Grants			96,796	30,001
Subscriptions			20	5
			116,164	38,017
Grants received, included		in the above, are as follows:
			2021	2020
			E	6
Colchester	Borough Council Rent Grant		15,000	15,000
Colchester	Borough Council Covid Grants		16,621	13,501
Theatres Trust Covid Adaptations			5,000	1,500
Art Council	Culture Recovery Fund		60,175
			96,796	30,001
OTHER TRADING ACTIVITIES
			2021	2020
			6	E
Headgate Theatre productions			20,288	3,316
Workshops	productions		4.169	1,530
Activity income			16,377	5,2I1
			40,834	10,057

S.	INVESTMENT INCONIE
			2021	2020
			E	E
	Deposit account interest		699	1,061
6.	INCOME FROM CHARITABLE ACTIVITIES
			2021	2020
			E	E
	Headgate Theatre
	Government grants			8,897
	Booking fees		4,385	1,695
	Bar and ice cream sales		12,827	6,565
	Other income		1,173	1,450
	Theatre hire charges		31,517	30,724
			49,902	49,331
	Grants received, included	in the above, are as follows:
			2021	2020
				E
	Job Retention Scheme
				8,897
7.	RAISING FUNDS
			2021	2020
			E	E
	Advertising and publicity		5,205	1,538
	Production and activity costs		17,474	7,774
			22,679	9,312

8.	CHARITABLE ACTIVITIES	CHARITABLE ACTIVITIES	CHARITABLE ACTIVITIES	COSTS
					Direct	Support
					Costs (see	costs (see
					note 9)	note 10)	Totals
					f	f	f
	Meadgate Theatre				16D,814	1,124	161,938
9.	DIRECT COSTSOF		CHARITABLE ACTIVITIES
						2021 f	2020f
	Staff costs					25,634	19,804
	Rent and service	charges				33,630	29,230
	Rates and water					655	1,421
	Insurance					5,725	5,332
	Light and heat					7,534	4,852
	Licences					794	1,323
	cleaning					8,290	5,680
	Postage, stationery		and teleph			2,556	1,389
	Sundries					856	517
	Bar and ice cream		purchases			5,982	3,116
	Ticket processing	fees				3,695	1,408
	Repairs and maintenance					14,303	9,249
	Subscriptions and		donations			329	183
	Bank and credit card charges					1,245	710
	Covid adaptations					9,678
	Depreciation					39,908	37,842
						160,814	122,056
10.	SUPPORT COSTS
							Governance
							costs
							f
	Accountancy fees						1,124
11.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)			isstated after charging/(crediting):
						2021 f	202Df
	Depreciation —owned assets					39,908	37,842
	Other operating	leases				33,630	29,230

					2021	2020
					E	E
Wages and	salaries				24,551	19,520
Staff training					654	70
Employers	pension costs				423	214
					25,634	19,804
The average		monthly	number ofemployees	during the year was as follows:
					2021	2020
Administrative		staff			2	3

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			funds	funds	funds
				E	E
INCOIVIE AND ENDOWMENTS		FROM
Donations and legacies			19,517	18,500	38,017
Charitable activities
Headgate Theatre			49,331		49,331
Other trading activities			10,057		10,057
Investment income			1,061		1,061
Total			79,966	18,500	98,466
EXPENDITURE ON
Raising funds				884	9,312
Charitable activities
Headgate Theatre			99,669	22,887	122,556
Total			108,097	23,771	131,868
NET INCOME/(EXPENDITURE)			(28,131)	(5,271)	(33,402)
RECONCILIATION OF	FUNDS
Total funds brought	forward		302,543	48,018	350,561
TOTAL FUNDS CARRIED FDRVVARD			274,412	42,747	317,139

15.	TANGIBLE FIXEDASSETS	TANGIBLE FIXEDASSETS
			Leasehold	Fixtures
			property	and
			improvement E	fittings f	Totals E
	COST
	At 1January	2021	395,691	98,760	494,JLI1
	Additions		10,844	3,907	14,751
	At 31December 2021		406,535	102,667	509,202
	DEPRECIATION
	At 1January	2021	223,795	85,874	309,669
	Charge for year		36,549	3,359	39,908
	At 31December 2021			89,233	349,577
	NET BOOK VALUE
	At 31December 2021		146,191	13,434	159,625
	At 31December 2020		171,896	12,886	184,782
16.	STOCKS
				2021	2020
				E	E
	Bar stocks			859	346
17,	DEBTORS:AMOUNTS FAllING DUE WITHIN ONE YEAR
				2021	2020
				E	E
	Trade debtors			1,995	1,081
	Other debtors			18,539
	Prepayrnents	and accrued income		14,280	269
				34,814	1,350

CREDITORS: AMOUNTS	CREDITORS: AMOUNTS
		2021	2020
		E	f
Trade creditors		5,658	2,748
Accruals and deferred	income	10,217	4,988
		15&875	7,736

	2021	2020
	f
Within one year	33,000	33,000
Between one and five years	111,MO	129,500
In more than five years		15,000
	144,500	177,500

MOVEMENT IN F	U	NDS
					Net	Transfers
					movement	between	At
				At 1.1.21 f	in funds f	funds f	31.12.21
Unrestricted funds
General Fund				159,408	10,222	22,500	192,130
David Forder Fund				115,004	(23,320)		al&684
				274,412	(13,098)	22,500	2$3,$14
Restricted funds
Theatre Renovation		Grant		37,762	(7,553)		30,209
Headgate youth Theatre				1,819			1,819
Sound and Light Equipment			Fund	1,666	13,958		15,624
Covid Adaptation	Grant			1,500	(1,5M)
Art Council Culture		Recovery	Fund		31,175	$22,500)	8,675
				42,747	36,080	(22,500)	56,327
TOTAL FUNDS				317,159	22,982		340,141

				Incoming	Resources	Movement
				resources f	expended f	in funds f
Unrestricted funds
General Fund				112,351	(102,129)	10,222
David Forder Fund					(23,320)	(23,320)
				112,351	(125,449)	(13,098)
Restricted funds
Theatre Renovation		Grant			(7,553)	(7,553)
Rent Grant				15,000	(15,0DD)
Sound and Light Equipment			Fund	15,073	(1,115)	13,958
Covid Adaptation	Grant			Sp000	(6,500)	(1,500)
Art Council Culture		Recovery	Fund	60,175	(29,000)	31,175
				95,248	(59,168)	36,DBD
TOTAL FUNDS				207,599	(184,617)	22,982

					Net
					movement	At
				At 1.1.20	in funds	31.12.20
				f	f	f
Unrestricted funds
General Fund				164,219	(4,811)	159,408
David Forder Fund				138,324	(23,320)	115,004
				302,543	(28,131)	274,412
Restricted funds
Theatre Renovation		Grant		45,315	(7,553)	37,762
Headgate Youth Theatre				1,819		1,819
ACT V Grant				884	(884)
Sound and Light Equipment			Fund		1,666	1,666
Covid Adaptation	Grant				1,500	1,500
				48,018	(5,271)	42,747
TOTAL FUNDS				350,561	(33,402)	317,159

					Incoming	Resources	Movement
					resources	expended	in funds
					f	f	E
Unrestricted	funds
General Fund					79,966	(84,777)	(4,811)
David Forder	Fund					(23,320)	(23,320)
Restricted funds					79,966	(108,097)	(28,131)
Theatre Renovation			Grant			(7,553)	(7,553)
Rent Grant					15,000	(15,000)
ACT VGrant						(884)	(884)
Sound and Light Equipment				Fund	2,000	(334)	1,666
Covid Adaptation		Grant			1,500		1,500
					18,500	(23,771)	(5,271)
TOTAL FUNDS					98,466	(131,868)	(33,402)

			2021	2020
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	E	f	f	E
INCOME AND ENDOWMENTS
Donations and legacies
Donations	4,275	15,073	19,348	8,011
Grants	16,621	80,175	96,796	30,001
Subscriptions	20		20	5
	20,916	95,248	116,164	38,017
Other trading activities
Headgate Theatre productions	20,288		20,288	3,316
Workshops productions	4,169		4,169	1,530
Activity income	16,377		16,377	5,211
	40,834		40,834	10,057
Investment income
Deposit account interest	699		699	1,061
Charitable activities
Government grants				8,897
Booking fees	4,385		4,385	1,695
Bar and ice cream sales	12,827		12,827	6,565
Other income	1,173		1,173	1,450
Theatre hire charges	31,517		31,517	30,724
	49,902		49,902	49,331
Total incoming resources	112,351	95'248	207,599	98,466
EXPENDITURE
Raising donations and legacies
Advertising and publicity	3,270	1,935	5,205	1,538
Production and activity casts	17,474		17,474	7,774
	20,744	1,935	22,679	9,312
Charitable activities
Wages	17,378	7,179	24,557	19,520
Staff training		654	654	70
Carried forward	17,378	7,833	25,211	19,590

					2021	2020
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
				E	E	f.
Charitable activities
Brought forward			17,378	7,833	25,211	19,590
Pensions			423		423	214
Rent and service charges			13,630	20,000	33,630	29,230
Rates and water			490	165	655	1,421
Insurance			4,295	1,430	5,725	5,332
Light and heat			5,649	1,885	7,534	4,852
Licences			794		794	1,323
Cleaning			6,743	1,547	8,290	5,680
Postage, stationery	and telephone		1,916	640	2,S56	1,389
Sundries			856		856	517
Bar and ice cream purchases			5,982		5,982	3,116
Ticket processing fees			3,695		3,695	1,408
Repairs and maintenance			11,085	3,218	14,303	9,249
Subscriptions and donations			329		329	183
Bank and credit card charges			1,245		1,245	710
Covid adaptations				9,678	9,678
l.easehold property	depreciation		26,827	9,722	36,549	34,380
Fixtures, fittings and	equipment	depreciation	2,244	1,115	3,359	3,462
			103,581	57,233	160,$14	122,056
Support costs
Governance costs
Accountancyfees			1,124		1,124	500
Total resources expended			125,449	59,16S	184,617	131,868
Net (expenditure)/income			(13,098)	36,080	22,982	(33,402)