2023-05-31-accounts - Louth Playgoers Society Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

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

						Louth Pl	aygo	ers Society L	imited
						Reference	and	Administrative	Details
Chairman						R N Booth
Trustees						V J SAllison
						R N Booth
						E C G Brindle
						M L Browne
						C E Burton
						J L Harris
						D Kettle
						S D Kettle
						R M Precious
						C Tinkler
						J M West
Secretary						D Kettle
Registered			Office			Louth Riverhead		Theatre
						Victoria Road
						Louth
						Lincoln shire
						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
						Lincoln shire
						LN11 9QQ

(Including Inc	ome an	d Expenditure	Account and S and Losses)	tatement ofT	otal Recognise	ans
				Unrestncted	Restricted	Total
				funds	funds	2023
			Note	f	6
Income and Endowments Donations and legacies Charitable activities investment income		from:		5,123 336,830 209		5,123 336,830 209
Total income				342,162		342,162
Expenditure on: Charitable activities			6	~363,762	37,118)	400,910)
Total expenditure				(363,792)	(37,118)	(400,910)
Net expenditure				(21,630)	(37,118)	(58,748)
Net movement in funds				(21,630)	(37,118)	(58,748)
Reconciliation offunds
Total funds brought	forward			368,574	1 068211	1,436,785
Total funds carried	forward		18			1,378,037
				Unrestncted	Restricted	Total
				funds	funds	2022
			Note	E	E	6
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 of	funds
Total funds brought	forward			361,390	1,105,561	1,466,951
Total funds carried	forward		18	368,574	1 068,211	1,436,785

	(Registration number Balance Sheet as at	: 01155555) 31 May 2023
			2023	2022
		Note	6
Fixed assets Tangible assets		13	1,303,853	1,340,701
Current assets Stocks Debtors Cash at bank and in hand		14 15 16	6,291 8,999 121,839	5,609 15,113 117,528
			137,129	138,250
Creditors: Amounts	falling due within one year	17	~62,945)	(42,166)
Net current assets			74,184	96,084
Net assets			1,378,037	1,436,785
Funds ofthe charity:
Restricted income funds Restricted funds		18	1,031,093	1,068,211
Unrestricted income Unrestricted funds	funds		346,944	368,574
Total funds		18	1,378,037	1,436,785

3	Income from	do	and legacies
				Unrestricted
					Total	Total
				General	2023	2022
				6	6	8
Donations and legacies; Donations and gifts				5,123	5,123	7,882
				5,123	5,123	7,882
4	Income from charitable		activities
				Unrestricted
				funds	Total	Total
				General	2023	2022
				6	6
	Other income Refreshments Musical Workshops Pantomime Grants receivable CJRS grants receivable Programmes Boxoffice Theatre cards Lettings and commissions			3 48,893 38,452 3,145 27,113 55,071 1,226 149,344 1,296 12,287	3 48,893 38,452 3,145 27,113 55,071 1,226 149,344 1,296 12,287	3,630 27,004 29,078 2,584 20,295 81,963 444 1,251 99,462 752 11,098
				336,830	336,830	277,561
5	Investment	income
				Unrestricted
					Total	Total
				General	2023	2022
				6	8	6
				209	209

6 Expenditure on charita	ble act	ivities
			Unrestricted		Total	Total
Cost of goods sold Royalties & play copies		Note	General 23,018 1,755	Restricted 5	2023 F 23,018 1,755	2022 6 14,893 1,495
Sets, properties, costumes rehearsals Visiting artists &companies Publicity Unclaimable input tax Workshop fees	&		31,307 75,035 29,672 3,996		31,307 75,035 29,672 3,996	24,142 49,637 17,543 4,099 6,015
Depreciation, amortisation other similar costs Staff costs Allocated support costs Governance costs	and	10 7 7	16,316 105,989 72,301 4,403	37,118	53,434 105,989 72,301 4,403	52,822 77,610 63,886 3,474
			363,792	37,118	400,910	315,616

Allocated support costs
	Unrestricted
		Total	Total
	General	2023	2022
	E	E	E
Premises costs Bank charges and cardnet fees General office expenses	45,438 2,718 24,145	45,438 2,718 24,145	40,351 1,968 21,567
	72,301	72,301	63,886

Governance	costs
		Unrestricted
			Total	Total
		General	2023	2022
		E	E	E
Independent examiner fees Examination ofthe financial statements Premises costs		3,872 531	3,872 531	2,961 513
		4,403	4,403	3,474
8 Net incoming/outgoing resources
Net outgoing	resources for the year include:

8 Net incom Net outgoing
		2023	2022
		E
Loss on disposal of fixed assets held for the charity's Depreciation offixed assets	own use	(640) 54,074	52,822

10Staff costs
The aggregate payroll	costs were as follows:					2023	2022
						F	6
Staff costs during the year were: Wages and salaries Pension costs Other staff costs						98,879 1,029 6,081	66,314 1,003 10,293
						105,989	77,610
The monthly average	number	of persons	(including	senior management	I leadership	team) employed	by the charity
during the year was	as follows:					2023	2022
						No	No
Manager, box office	assistants	and cleaners					6

11 Independent	11 Independent	examiner's	remuneration	2023	2022
				6	F
Examination	of	the financial	statements	3,872	2,961
The above	fees	are inclusive	ofVAT.

13Tangible fixed assets
	Land and	Furniture and
	buildings F.	equipment f	Total E
Cost At 1 June 2022 Additions Disposals	2,232,940	250 347 17,486 (2,609)	2483287 17,486 (2,609)
At 31 May 2023	2,232,940	265,224	2,498,164
Depreciation At 1 June 2022 Charge for the year Eliminated on disposals	943,945 44,659	198641 9,415 (2,349)	1 142586 54,074 (2,349)
At 31 May 2023	988,604	205,707	1,194.311
Net book value
At 31 May 2023	1,244, 336	59517	1 303853
At 31 May 2022	1,288,995	51,706	1,340,701
14Stock
		2023 f	2022f
Stocks		6,261	5,609
15 Debtors
		2023	2022
		E	F.
Trade debtors P repayments		2,183 6,816 8,999	8,683 6,430 15,113
16Cash and cash equivalents
		2023f	2022 f.
Cash on hand		1,025	1,025
Cash at bank		120,814	116,503
		121,839	117,528

17Creditors: amounts falling d	ue within one year
		2023	2022
		E	F
Trade creditors Other taxation and social security Accru ale Deferred income		12,544 207 3,095 47,099	12,071 2,800 27,295
		62,945	42,166
		2023	2022
		E	E
Deferred income at 1 June 2022 Resources deferred in the period Amounts released from previous	periods	27,295 47,099 (27,295)	20,398 27,295 (20,398)
Deferred income at year end		47,099	27,295

18 Funds
		Balance at 1 June 2022 E	Incoming resources E	Resources expended f	Transfers f.	Balance at 31 May 2023 E
Unrestricted funds
General Unrestricted income fund		352,440	342,162	(363,792)	4,502	335,312
Other Building maintenance fund Seat refurbishment fund		12,857 3,277			(4,502)	8,355 3,277
		16,134			(4,502)	11,632
Total unrestricted funds		368,574	342,162	(363,792)		346,944
Restricted
European Regional Development Fund grant Lottery grant		161,639 825,444		(6,043) (28,608)		155,596 796,836
East Midlands
Development Agency grant		52,473		(1,271)		51,202
East Lindsey District Council grant Louth Town Council	grant	25,917 2,738		(1,101) ~195		24,816 2,643
Total restricted funds		1,068,211		(37,118)		1,031,093
Total funds		1,436795	342,162	~400910)		1,378,037

				Balance at 1 June 2021 E		Incoming resources E	Incoming resources E	Incoming resources E	Incoming resources E		Resources expended E	Transfers E	Transfers E	Transfers E	Balance at 31 May 2022 E	Balance at 31 May 2022 E
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 3277										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
The specific purposes		for which the funds are			to be applied					are as	follows:
The above restricted equipment for the	grants society.			have been received It should be noted			for that	the purpose the East			of building a new theatre and Midlands Development Agency				providing some has now been
disbanded.
The outward movement			ofthe restricted funds		is	the depreciation					on the building,	fixtures,		fittings and equipment.
Sufficient resources	have been generated, enabling						the		grants to be applied correctly.
19Analysis ofnet	assets			between funds
											Unrestricted				Total funds
											funds		Restricted			at 31 May
											General		funds			2023
											E			E		E
Tangible fixed assets Current assets											272,760 137,129		1,031,093			1,303,853 137,129
Current liabilities											(62,945)					(62,945)
Total net assets											346,944		1,031,093			1,378,037

Cash at bank and	in hand
Net debt

1 June	Financing	At 31 IIay
2022	cash flows	2023
8	8	E.
117,528	4,311	121,839
117,528	4,311	121,839