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2020-08-31-accounts

General Restricted
Note Fund Fund Capital Fund 2020 2019
INCOMING RESOURCES:
Incoming Resources
from Generated
Funds:
Voluntary
Income:
Donations
and Grants		 223,348 223,348 113,137
Refunded
Grant
Activities for Generating Funds:
Theatre Income 873,982 873,982 1,151,187
Investment
Income		 2,427 2,427 2,036
Fundraising
Events		 618 618 2,339
TOTAL INCOMING RESOURCES: 1,100,375 1,100,375 1,268,699
RESOURCES EXPENDED:
Cost ofGenerating
Funds:
Fundraising
Events		 180 180 165
Direct Charitable
Expenditure:
Theatre Costs 170,613 48,288 218,901 233,018
Front of House Costs 147,602 147,602 202,355
Building Maintenance 188,889 188,889 193,357
Other Support Costs 574,588 574,588 515,948
1,081,872 48,288 1,130,160 1,144,843
Governance
Costs		 8,000 8,000 6,650
TOTAL RESOURCES EXPENDED: 1,089,872 48,288 1,138,160 1,151,493
Net Incoming
1(Outgoing)		 Resources 10,503 (48,288) (37,785) 117,206
Net Movement
between
Funds
Net Movement
in Funds		 10,503 (48,288) (37,785) 117,206
Balance at 1 September 2019 572,739 1,905,702 2,478,441 2,361,235
BALANCE AT 31AUGUST 2020 583,242 1,857,414 2,440,656 2,478,441

Note 2020 2019
f f
FIXEDASSETS:
Tangible assets 1,978,311 2,018,167 (39,856)
CURRENT ASSETS:
Stock
Debtors		 10 7,055
67,835		 8,710
75,594		 (1,655)
(7,759)
Cash at bank 802,970 801,781 1,189
CREDITORS: AMOUNTS FALLING 877,860 886,085 (8,225)
DUE WITHIN ONE YEAR: 415,515 425,811 (10,296)
NET CURRENT ASSETS: 462,345 460,274 2,071
TOTAL ASSETS LESSCURRENT LIABILITIES: 2,440,656 2,478,441 (37,785)
FINANCED BY:
General
Fund		 583,242 572,739 10,503
Restricted
Fund
Capital
Fund		 12 1,857,414 1,905,702 (48,288)
2,440,656 2,478,441 (37,785)

2020 2019
Cash flows from activities
Surplus/(Loss)
for the financial year		 (37,785) 117,206
Adjustments
for:
Depreciation
offixed assets		 74,666 74,199
Disposal offixed assets (24) 180
interest
paid		 0 6
interest received (2,427) (2,036)
Decrease/(increase)
in receivables		 7,759 28,493
Decrease/(increase)
in inventory		 1,655 2,518
Increase/(decrease)
in payables
Cash from activities		 (10,296)
33,548		 (3,047)
217,519
Interest
paid
Net cash generated
from activities		 0
33,548		 (6)
217,513
Cash flows from investing
activities
Purchase offixed assets (34,786) (26,604)
Interest received 2,427 2,036
Net cash from investing
activities		 (32,359) (24,568)
Net increase/(decrease)
in cash and bank		 1,189 192,945
Opening
balance cash and bank		 801,781 608,836
Closing balance cash and bank 802,970 801,781

3.DONATIONS
AND GRANTS
General Restricted Capital Total Total
Fund
f		 Fund
f		 Fund
f		 2020
f		 2019
f
Donations:
Other Donations 22,187 22,187 110,628
Grants: 23,950 23,950
Sundry Income: 177,211 177,211 2,509
223,348 223,348 113,137
4.DIRECT CHARITABLE INCOME
General Restricted Capital Total Total
Fund Fund Fund 2020 2019
Theatre Income
Front of House Income
Profit on disposal offixed assets		 533,583
340,399		 533,583
340,399		 657,895
467,034
26,258
873,982 873,982 1,151,187
5.DIRECT CHARITABLE EXPENDITURE
General Restricted Capital Total Total
Fund Fund Fund 2020 2019
Theatre Costs
Front of House Costs
Building Maintenance
Fundraising
Costs
Salaries
Sundries
Depreciation
Loss on Disposal ofAssets		 144,235
147,602
188,889
180
520,543
54,045
26,378		 48,288 144,235
147,602
188,889
180
520,543
54,045
74,666		 158,819
202,355
193,357
165
485,209
30,739
74,199
1,081,872 48,288 1,130,160 1,144,843

General Restricted Capital Total Total
Fund Fund Fund 2020 2019
f f f f f
Salaries 520,543 520,543 485,209
Sundries 54,045 54,045 30,739
574,588 574,588 515,948
7.GOVERNANCE COSTS
General Restricted Capital Total Total
Fund Fund Fund 2020 2019
f f f f f
Audit Fees 8,000 8,000 6,650
8,000 8,000 6,650
8. EMPLOYMENT COSTS
General Restricted Capital Total Total
Fund Fund Fund 2020 2019
f f f F f
Stage Productions 69,684 69,684 50,422
Wages & Salaries 411,841 411,841 402,222
National Insurance Costs 31,342 31,342 26,687
Pension costs 7,676 7,676 5,878
520,543 520,543 485,209
Operational Management & BoxOffice
Stage &Technical
Cafe Lounge
Bar Team

9.TANGIBLE FIXED ASSET S
Fixtures, Fittings,
Land & Theatre Cafe 8 Theatre Office
Buildings
f		 Improvements
f		 Equipment
f		 Equipment
f		 Total
f
Cost:
As at 31August 2019 455,502 1,961,811 319,565 26,201 2,763,079
Additions
in Period		 32,778 2,008 34,786
Disposals
in Period
As at 31August 2020 455,502 1,961,811 352,343 28,209 2,797,865
Depreciation:
As at 31August 2019 186,709 324,902 212,729 20,572 744,912
Charge
in Period		 9,052 39,236 24,543 1,835 74,666
Depreciation
on Disposals		 24 24
As at 31August 2020 195,761 364,138 237,248 22,407 819,554
Book Values:
As at 31August 2020 259,741 1,597,673 115,095 5,802 1,978,311
As at 31August 2019 268,793 1,636,909 106,836 5,629 2,018,167

10.DEBTORS
2020 2019
f f
Trade Debtors 4,466 16,892
Prepayments 31,462 45,720
VAT Receivable 6,770
Other Debtors 25,137 12,982
67,835 75,594
11.CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
f f
Trade Creditors 20,533 92,914
PAYE and National Insurance 11,280 8,458
VAT Payable 9,723
Deferred Income - see note 11a 286,334 258,904
Other Creditors 58,578 33,106
Accruals 38,790 22,706
415,515 425,811
11a.DEFERRED INCOME
8/fwd Sales Shows C/fwd
Ticket sales 258,904 1,187,176 {1,159,746) 286,334
Other deferred income
258,904 1,187,176 (1,159,746) 286,334

Land &
Buildings
E
Balance at 1September 2019: 1,905,702
Direct Charitable Expenditure -Theatre Improvements
Direct Charitable Expenditure - Depreciation (48,288)
Balance at 31August 2020: 1,857,414

General Restricted Capital
Fund Fund Fund Total
f. f. E f
Fund balances are represented by:
Tangible
Fixed Assets		 120,897 1,857,414 1,978,311
Current Assets 877,860 877,860
Creditors: Amounts Falling Due Within One year (415,515) (415,515)
583,242 1,857,414 2,440,656

Land &
Buildings
E
Balance at 1September 2019: 1,905,702
Direct Charitable Expenditure -Theatre Improvements
Direct Charitable Expenditure - Depreciation (48,288)
Balance at 31August 2020: 1,857,414
During the year f0 was transferred between the general and capital fund. These funds represent
the theatre improvements.

General Restricted Capital
Fund Fund Fund Total
f F E
Fund balances are represented by:
Tangible
Fixed Assets		 120,897 1,857,414 1,978,311
Current Assets 877,860 877,860
Creditors: Amounts Falling Due Within One Year (415,515) (415,515)
583,242 1,857,414 2,440,656