2022-05-31-accounts

Reference	and Administrative	and Administrative	Details
				2 to 7
Trustees' Report
Independent	Examiner's	Report
Statement	of Financial	Activities
				10
Balance Sheet
				11to 21
Notes to the Financial Statements

					Reference and	Admin
rustees					V J SAllison
					R N Booth
					M L Browne
					C E Burton
					D Kettle
					S D Kettle
					H M Mapletoft
					R M Precious
					M Spendlow
					J M West
Secretary					D Kettle
Registered		Office			Louth Riverhead	Theatre
					Victoria Road
					Louth
					Lincolnshire
					LN11 OBX
Company	Registration			Number
Charity Registration			Number
Bankers					Lloyds Bank pic
					24 Mercer Row
					Louth
					Lincolnshire
					LN11 9JH
Independent		Examiner			A Millson ACA
					Chartered Accountant
					139Eastgate
					Louth
					Lincolnshire
					LN11 9QQ

(Including Income a	nd Expenditure	Account and S and Losses)	tatement ofT	otal Recognise	Gains
			Unrestricted	Restncted	Total
			funds	funds	2022
		Note	K	E	F
Income and Endowments Donations and legacies Charitable activities Investment income	from:		7,882 277,561 7		7,882 277,561 7
Total income			285,450		285,450
Expenditure on: Charitable activities		6	~(276„266	37,350)	315,616
Total expenditure			(278,266)	(37,350)	(315,616)
Net income/(expenditure)			7,184	(37,350	30,166)
Net movement in funds			7,184	(37,350)	(30,166)
Reconciliation offunds
Total funds brought forward			361,390	1,105,561	1,466,951
Total funds carried forward		18	368574	1,068,211	1,436,785
			Unrestricted	Restncted	Total
			funds	funds	2021
		Note	E
Income and Endowments Donations and legacies Charitable activities Investment income	from:		23,001 153,265 14		23,001 153,265 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	(17,415)
Net movement in funds			19,935	(37,350)	(17,415)
Reconciliation offunds
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

	(Registration number Balance Sheet as at	: 01155555) 31 May 2022
			2022	2021
		Note		F
Fixed assets Tangible assets		13	1,340,701	1,387,233
Current assets Stocks Debtors Cash at bank and in hand		14 15 16	5,609 15,113 117,528	3,819 15,564 90,080
			138,250	109,463
Creditors: Amounts	falling due within one year	11	~(42, 166	(29,745)
Net current assets			96,084	79,718
Net assets			1 436 785	1 466 951
Funds ofthe charity:
Restricted income funds Restricted funds		18	1,068,211	1,105,561
Unrestricted income Unrestricted funds	funds		368,574	361,390
Total funds		18	1,436,785	1,466,951

3 Income		from donations and legacies
			Unrestricted
				Total	Total
			General f	2022f	2021f
Donations and legacies; Donations and gifts			7,882	7,882	23,001
			7,882	7,882	23,001

Income from charitable activities
	Unrestricted
	funds	Total	Total
	General	2022	2021
		F	F
Other income Refreshments Musical Workshops Pantomime Grants receivable CJRS grants receivable Prog rammes Boxoffice Theatre cards Lettings and commissions	3,630 27,004 29,078 2,584 20,295 81,963 444 1,251 99,462 752 11,098	3,630 27,004 29,078 2,584 20,295 81,963 444 1,251 99,462 752 11,098	174 1,423 (7,538) 500 131,655 16,045 10,797 22 187
	277,561	277,561	153,265

Unrestricted
	Total	Total
General f	2022 f	2021 F
			14

6 Expenditure on charita	ble ac	tivities
			Unrestricted
					Total	Total
		Note	General 6	Restricted 6	2022 6	2021f
Cost ofgoods sold Royalties & play copies			14,893 1,495		14,893 1,495	1,228 2,644
Sets, properties, costumes rehearsals	&		24,142		24,142	(2,367)
Visiting artists &companies Publicity Unclaimable input tax Workshop fees			49,637 17,543 4,099 6,015		49,637 17,543 4,099 6,015	2,834 806 3,951 1,750
Depreciation, amortisation other similar costs	and		15,472	37,350	52,822	53,075
Staff costs		10	77,610		77,610	68,240
Allocated support costs Governance costs		7 7	63,886 3,474		63,886 3,474	58,694 2,840
			278,266	37,350	315,616	193,695

Allocated support costs
	Unrestricted
		Total	Total
	General	2022	2021
	F	F	8
Premises costs	40,351	40,351	39,057
Bank charges and cardnet fees General office expenses	1,968 21,567	1,968 21,567	320 19,317
	63,886	63,886	58,694

Governance	costs
			Unrestricted
				Total	Total
			General	2022	2021
			6		8
Independent examiner fees Examination ofthe financial Premises costs		statements	2,961 513	2,961 513	2,697 143
			3,474	3,474	2,840

8	Net incoming/outgoing	resources
Net	outgoing resources for	the year include:

2022	2021f
52,822	53,075

10Staff costs The aggregate payroll costs were as follows:
	2022	2021
	6	F
Staff costs during the year were: Wages and salaries Pension costs Other staff costs	66,314 1,003 10,293	57,205 1,003 10,032
	77,610	68,240

2022	2021
No	No

11Independent	11Independent	examiner's	remuneration
				2022	2021
					F
Examination	of	the financial	statements	2,961	2,697

13Tangible fixed assets
	Land and	Furniture and
	buildings	equipment	Total
	F	E	E
Cost
At 1 June 2021 Additions	2,232,940	244,057 6,290	2,476,997 6,290
At 31 May 2022	2,232,940	250,347	2,483,287
Depreciation At 1 June 2021	899,286	190,478	1,089,764
Charge for the year	44,659	8,163	52,822
At 31 May 2022	943,945	198,641	1,142,586
Net book value
At 31 May 2022	1,288,995	51,706	1,340,701
At 31 May 2021	1,333,654	53579	1 387233
14Stock
		2022	2021
		F	E
Stocks		5,609	3,819
15Debtors
		2022	2021
		E	E
Trade debtors		8,683	8,216
Prepayments VAT recoverable		6,430	6,873 475
		15,113	15,564
16Cash and cash equivalents
		2022	2021
		E	E
Cash on hand Cash at bank		1,025 116,503	825 89,255
		117,528	90,080

17Credi	tors: amo	unts falling d	ue within one year
				2022	2021
					F
Trade creditors				12,071	6,060
Other taxation and		social security			662
Accruals				2,800	2,625
Deferred	income			27,295	20,398
				42,166	29,745
				2022	2021
				8
Deferred	income at 1 June 2021			20,398	32,663
Resources deferred Amounts released		in the period from previous	periods	27,295 (20,398)	20,398 (32,663)
Deferred	income at year end			27,295	20,398

18Funds
			Balance at 1 June 2021	Incoming resources F	Resources expended F	Transfers	Balance at 31 May 2022 f
Unrestricted funds
General
Unrestricted income	fund		352,843	285,450	(278,266)	(7,587)	352,440
Other
Building maintenance fund Seat refurbishment fund			5,270 3,277			7,587	12,857 3,277
			8,547			7,587	16,134
Total unrestricted funds			361,390	285,450	(278,266)		368,574
Restricted
European Regional Development Fund Lottery grant	grant		167,682 854,284		(6,043) (28,840)		161,639 825,444
East Midlands
Development Agency grant			53,744		(1,271)		52,473
East Lindsey District Council grant Louth Town Council		grant	27,018 2,833		(1,101) (95)		25,917 2,738
Total restricted funds			1,105,561		(37,350)		1,068,211
Total funds			1,466,951	285,450	(315,616)		1,436,785

Notes		to the	Financial Stat	ements for t	he Year Ended	31 May 2022
			Balance at 1 June 2020	Incoming resources	Resources expended	Transfers F	Balance at 31 May 2021 6
Unrestricted funds
General
Unrestricted income	fund		333,905	176,280	(156345)	(997)	352 843
Other
Building maintenance fund Seat refurbishment fund			5,226 2,324			44 953	5,270 3,277
			7,550			997	8,547
Total unrestricted funds			341,455	126,255	~)56,345)		361,390
Restricted
European Regional Development Fund Lottery grant	grant		173,725 883,124		(6,043) (28,840)		167,682 854,284
East Midlands
Development Agency grant			55,015		(1,271)		53,744
East Lindsey District Council grant Louth Town Council		grant	28,119 2,928		(1,101) ~95)		27,018 2,833
Total restricted funds			1,142,911		(37,350)		1,105,561
Total funds			1,484,366	176,280	(193,695)		1,466,951

19Analysis of net assets between	19Analysis of net assets between	funds	Unrestricted		Total funds
			funds	Restricted	at 31 May
			General	funds	2022
				F
Tangible Current Current	fixed assets assets liabilities		272,490 138,250 (42,166)	1,068,211	1,340,701 138,250 (42,166)
Total net assets			368,574	1,068,211	1,436,785

Cash at bank and	in hand
Net debt

At	1June	Financing	At 31 May
	2021	cash flows	2022
	8	F
	90,080	27,448	117,528
	90,080	27,448	117,528