2021-05-31-accounts

		Louth	Playgoers Society Limited
			Contents
Reference	and Administrative Details
Trustees' Report				2to 5
Statement	of Trustees'	Responsibilities
Independent	Examiner's	Report
Statement	of Financial	Activities
Balance Sheet
Notes to the Financial Statements				10to 20

							Louth Playgoers	Louth Playgoers	Society Limited
							Reference and	Administrative Details
	Trustees						P Ball (Appointed	10	December 2020 and resigned	1 June 2021)
							R Booth
							E Brindle
							M L Browne
							J Harris
							L Harris
							D Ketlle
							S Kettle
							H Mapletoft
							R Mapletoft
							M Spendlow
							G Starkie (Appointed		10December 2020)
							N Warne (resigned 8		September 2020)
(	Secretary						D Kettle
	Principal		Office				Louth Riverhead	Theatre
							Victoria Road
							Louth
							Lincolnshire
							LN11 OBX
	Registered			Office			Louth Riverhead	Theatre
							Victoria Road
							Louth
							Lincolns hire
							LN11 OBX
	Company		Registration			Number	01155555
	Charity	Registration			Number		1078605
	Bankers						Lloyds Bank pic
							24 Mercer Row
							Louth
							Lincolnshire
							LN11 9JH
	Independent			Examiner			A Millson ACA
							Chartered Accountant
							139Eastgate
							Louth
							Lincolnshire
							LN11 gQQ

				Unrestricted	Restricted	Total
				funds	funds	2021
			Note	6	E	5
Income and Endowments		from:
Donations and legacies				23,001		23,001
Charitable activities				153,265		153,265
Investment income				14		14
Total income				176,280		176,280
Expenditure on: Charitable activities			6	~156,345	~37,350	~193,695
Total expenditure				~156,345)	(37,350)	(193,695)
Net income/(expenditure)				19,935	~37,350	~17,4(5
Net movement in funds				19,935	(37,350)	(17,415)
Reconciliation of	funds
Total funds brought	forward			341,455	1,142,911	1,484,366
Total funds carried	forward		18	361,390	1,105,561	1,466,951
				Unrestricted	Restricted	Total
			Note	fundsf	funds	2020 6
Income and Endowments		from:
Donations and legacies				13,509		13,509
Charitable activities				295,309		295,309
Investment income				181		181
Total income				308,999		308,999
Expenditure on: Charitable activities			6	~285.ll39	~37.350	~322,389
Total expenditure Net income/(expenditure)				(285.039) 23960	~37,350 ~37,350	(322,389) ~1339D
Net movement in funds				23,960	(37,350)	(13,390)
Reconciliation offunds
Total funds brought	forward			317,495	1,180,261	1,497,756
Total funds carried	forward		18	341,455	1,142,911	1,484,366

				2021	2020
			Note		6
Fixed assets
Tangible assets			13	1,387,233	1,394,170
Current assets
Stocks			14	3,819	4,186
Debtors			15	15,564	5,857
Cash at bank	and in hand		16	90,080	119,152
				109,463	129,195
Creditors: Amounts		falling due within one year	17	~(28,745	38,999)
Net current	assets			79,718	90,196
Net assets				1,466,651	1,484,366
Funds ofthe charity:
Restricted income funds
Restricted funds			18	1,105,561	1,142,911
Unrestricted	income	funds
Unrestricted	funds			361,390	341,455
Total funds				1,466,951	1,484,366

			Unrestricted
				Total	Total
			General	2021	2020
			6	6	6
Donations and legacies; Donations and gifts			23,001	23,001	13,509
			23,001	23,001	13,509

Income from charitable activities
	Unrestricted
	funds	Total	Total
	General 6	2021f	2020 6
Other income	174	174	5,095
Refreshments	1,423	1,423	29,364
Musical	(7,538)	(7,538)
Workshops Pantomime	500	500	23,540 23,148
Grants receivable	131,655	131,655	80,470
CJRS grants receivable Programmes Boxoffice	16,045 10,797	16,045 10,797	2,983 107,662
Theatre cards Lettings and commissions	22 187	22 187	1,140 21,907
	153,265	153,265	295,309

5 Inve	stment inc	om	e
					Unrestricted
						Total		Total
					General f	2021 6		2020 6
Interest	receivable	on	bank	deposits	14		14		181

6 Expenditure on charita	ble ac	tivities
			Unrestricted
					Total	Total
			General	Restricted	2021	2020
		Note	E	E	E	E
Cost ofgoods sold Royalties 8 play copies			1,228 2,644		1,228 2,644	14,717 2,757
Sets, properties, costumes rehearsals	&		(2,367)		(2,367)	8,022
Visiting artists &companies Publicity			2,834 806		2,834 806	75,220 27,723
Unclaimable input tax			3,951		3,951	9,520
Workshop fees			1,750		1,750	7,387
Depreciation, amortisation other similar costs	and		15,725	37,350	53,075	48,641
Staff costs		10	68,240		68,240	64,860
Allocated support costs Governance costs		7 7	58,694 2,840		58,694 2,840	60,252 3,290
			156,345	37,350	193695	322 389

Allocated	support costs
		Unrestricted
			Total	Total
		General	2021	2020
		E	E	E
Premises costs Bank charges and cardnet fees General office expenses		39,277 320 19,097	39,277 320 19,097	47,935 781 11,536
		58,694	58,694	60,252

Governance	costs
				Unrestricted
					Total		Total
				General	2021		2020
				E	E		E
Independent examiner fees Examination ofthe financial Premises costs			statements	2,697 143	2,697 143		3,025 265
				2,840	2,840		3,290
8 Net incoming/outgoing			resources
Net outgoing	resources	for the year include;			2021		2020
					E		E
					53,075		48,641

10Staff costs
The aggregate payroll costs were as follows:
	2021	2020
		E,
Staff costs during the year were:
Wages and salaries	57,205	54,416
Pension costs	1,003	940
Other staff costs	10,032	9,504
	68,240	64,860

11 Independent	11 Independent	examiner's	remuneration
				2021	2020
				E.	E
Examination	of	the financial	statements	2,697	3,025

13Tangible fixed assets
	Land and	Furniture and
	buildings f	equipment E	Total E
Cost
At 1 June 2020	2,232,940	197,919	2,430,859
Additions		46,138	46,138
At 31 May 2021	2,232,940	244,057	2,476,997
Depreciation
At 1 June 2020	854,627	182,062	1,036,689
Charge for the year	44,659	8,416	53,075
At 31 May 2021	899,286	190,478	1,089,764
Net book value
At 31 May 2021	1,333,654	53,579	1,387,233
At 31 May 2020	1,378,313	15,857	1,394,170
14Stock
		2021	2020
		E	E
Stocks		3,819	4,186
15Debtors
		2021	2020
		E	E
Trade debtors		8,216
Prepayments		6,873	5,857
VAT recoverable		475
		15,564	5,857
16Cash and cash equivalents
		2021f	2020 E
Cash on hand		825	652
Cash at bank		89,255	118,500
		90,080	119,152

17Credi	tors: amo	unts falling d	ue within one year
				2021 E	2020f
Trade creditors				6,060	730
Other taxation and		social security		662	3,106
Accruals				2,625	2,500
Deferred	income			20,398	32,663
				29,745	38,999
				2021 f	2020 E
Deferred	income at 1 June 2020			32,663	31,280
Resources deferred Amounts released		in the period from previous	periods	20,398 ~32,663	32,663 ~31,2801
Deferred	income at year end			20,398	32,663

18 Funds
				Balance at 1	incoming	Resources		Balance at 31
				June 2020 f	resources F	expended f.	Transfers E	May 2021 E
Unrestricted
General
Unrestricted	income		fund	333,905	176,280	(156,345)	(997)	352,843
Other
Building maintenance			fund	5,226			44	5,270
Seat refurbishment		fund		2,324			953	3,277
				7,550			997	8,547
Total Unrestricted				341,455	176,280	~156,345		361,390
Restricted
European Regional Development Fund		grant		173,725		(6,043)		167,682
Lottery grant				883,124		(28,840)		854,284
East Midlands
Development grant	Agency			55,015		(1,271)		53,744
East Lindsey Council grant Louth Town	District Council		grant	28,119 2,928		(1,101) ~195		27,018 2,833
Total restricted				1,142,911		37,350)		1,105,561
Total funds				1,484,366	176,280	~193,695		1,466,951

				Balance at 1	Incoming	Resources		Balance at 31
				June 2019	resources	expended	Transfers	May 2020
				E	E	F	E	E
Unrestricted funds
General
Unrestricted income			fund	317,495	308,999	(285,039)	(7,550)	333,905
Other
Building maintenance			fund				5,226	5,226
Seat refurbishment		fund					2,324	2,324
							7,550	7,550
Total unrestricted funds				317,495	308,999	(285,039)		341,455
Restricted
European Regional
Development	Fund	grant		179,768		(6,043)		173,725
Lottery grant				911,964		(28,840)		883,124
East Midlands
Development	Agency
grant				56,286		(1,271)		55,015
East Lindsey District Council grant Louth Town Council			grant	29,220 3,023		(1,101) ~95)		28,119 2,928
Total restricted	funds			1,180,261		37,350		1,142,911
Total funds				4,497,755	398,999	~i322, 389		1,484,366

		Unrestricted		Total funds
		funds	Restricted	at 31 May
		General	funds	2021
		E	E	E
Tangible	fixed assets	281,672	1,105,561	1,387,233
Current	assets	109,463		109,463
Current	liabilities	(29,745)		(29,745)
Total net assets		361,390	1,105,561	1,466,951

At	1 June	Financing	At 31 May
	2020	cash flows	2021
	2 119,152 119.152	E ~(29,072 ~20,072)	90,080 90,000