**REGISTERED COMPANY NUMBER: 04015695 (England and Wales) REGISTERED CHARITY NUMBER: 1082267**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **FOR**
**DARK HORSE THEATRE**
**DARK HORSE THEATRE**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 6|
|**Independent Examiner's Report**|7|
|**Statement of Financial Activities**|8|
|**Balance Sheet**|9 to 10|
|**Notes to the Financial Statements**|11 to 17|
|**Detailed Statement of Financial Activities**|18 to 19|
## **DARK HORSE THEATRE**
## **CHAIR’S REPORT**
## **FOR THE YEAR ENDED 31 MARCH 2022**
2021-22 saw Dark Horse continuing to navigate the global pandemic as lockdown restrictions continued to fluctuate with the arrival of new variants. The company’s adaptability stood it in good stead, working creatively across live, online and recorded media to continue making its mark to the arts regionally and nationally.
For people with learning disabilities, Covid-19 presented particular challenges and so Dark Horse continued to make innovative and prolific online training provision for the students, which was also open to all. This built on the educational and creative explorations during the first year of the pandemic, and we were delighted when our trilogy of short films _#OutBreakOut_ (originally commissioned by Huddersfield Literature Festival) was selected for the Together! 2021 Disability Film Festival.
The Dark Horse actors remained in demand for film, television and theatre roles, and contributed significantly to the Separate Doors project, disseminating the Silent Approach to the wider theatre industry. The company also continued to offer bespoke training to South Yorkshire Police, Huddersfield University and ALRA undergraduates.
The standout highlight of our year was undoubtedly the development showings of our forthcoming production _#Unit21._ It was fantastic to be able to welcome audiences back to live theatre and to share the work-in-progress with them. The feedback was excellent, and Amy and the actors continue to hone this groundbreaking show ahead of its tour in early 2023.
Dark Horse has emerged from the pandemic with a renewed sense of tenacity, creativity and versatility. On behalf of the Board, I would like to send our deepest gratitude to the staff, actors and students for their resilience and energy throughout difficult times, and we look forward to exciting times ahead.
Dave Calvert Chair of Trustees
Page 1
## **DARK HORSE THEATRE**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **INTRODUCTION**
Dark Horse Theatre is a company with the ability to inspire change. It continues to be a leader in its field and has a reputation for innovation, excellence and for pushing boundaries. Its actor training, performance and working opportunities give equality of opportunity whilst it continuously shares its mission to ensure that more actors with a learning disability are seen on screen and in theatres across the UK, building awareness and challenging perceptions.
Dark Horse:
- Inspires people with learning disabilities to aim higher, giving them an equal opportunity for progressive, life long learning, training and employment.
- targets those who have little or no access to the arts, promoting social inclusion, often working with local people with and without learning disabilities in areas of high economic and social deprivation.
- seeks to encourage rather than cajole, practice rather than preach, enable rather than teach.
- continually seeks opportunities to collaborate with others to increase the impact its work has.
The company continues to evolve and thrive and is proud of its’ achievements and levels of engagement, output and sustainability particularly during the global pandemic.
Despite all the uncertainty that followed the Coronavirus pandemic the company successfully adapted its artistic and business models and key aims identified for Dark Horse in the year 2021/22 were to:
- Sustain levels of artistic output and engagement with actors and students online in the first instance and face to face when Coronavirus restrictions were lifted
- Sustain core staff team and offer freelance opportunities to deliver projects and further the work of the company
- Develop our capability and capacity to use digital technologies across all aspects of work
- Begin the process of developing a new Artistic and Business Plan.
## **OBJECTIVES AND AIMS**
The objects of the charity are the promotion of education and training in music, theatre and the performing arts in particular enabling adults with learning disabilities to become independent and take control of their own lives, opening up opportunities for training and employment.
Page 2
## **DARK HORSE THEATRE**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
## **ACHIEVEMENTS AND PERFORMANCE**
With the impact of the Coronavirus pandemic still being felt and following new government guidance, Dark Horse’s doors opened part way from April 2021, with a blended approach to actor training and performance development as people slowly came out of isolation.
Due to the increased vulnerability of the learning disabled community additional and extended safety measures were kept in place being slowly lifted as confidence grew.
Everyone was delighted to be back and it was a reminder, if one was needed, of the value that being connected and creative in a room with others brings.
Because Dark Horse had continued with much of its work throughout, albeit some of it reimagined, there was much to do and plans that had been made or put on hold were now able to be executed.
As we welcomed new student actors to the training course, an immersive experience of The Garden used the film, created by student actors in lockdown and water colour images, created by Designer, Pip Leckenby, in an exhibition which took place over 2 weekends in July on the Piazza in Huddersfield Town Centre. Members of the public popped into the 'Meanwhile Space' that we had continued use of, provided free of charge by Temporary Contemporary in partnership with Kirklees Council.
Having postponed the planned tour of #Unit21, a development showing of ‘work to date’ featuring 9 company actors with learning disabilities at our home venue, LBT in February 2022 was a huge success. It gave valuable feedback for further development and, with support in place and a grant from Arts Council England the show will tour regionally in early 2023, opening at LBT, our home venue, before touring to The Lowry, Chester Storyhouse, The Junction, Goole and Leeds Conservatoire.
A further iteration of the project as a nightclub event in partnership with Beautiful Octopus Club and Kirklees Year of Music 2023 is also planned for later in the year.
As well as being centre stage in Dark Horse’s own work a growing number of Dark Horse’s company actors have been auditioning and being cast in external work, including theatre productions, TV and film. Following the cancellation of the tour of Ramps on the Moon’s Oliver Twist, Dark Horse actor Rebekah Hill worked with other members of the cast and creative team to film the show, which is now part of NT Live. Joe Sproulle was also cast in Shane Meadows new BBC drama The Gallows Pole and Zackary Krupinski worked on Gentleman Jack. Firielle Al’ Jubeh was also cast in Khashabi Theatre’s international production MILK.
Page 3
## **DARK HORSE THEATRE**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
While giving focus to an ambitious programe of new productions, the company’s new Business Plan also concentrates energy into the rebuilding and development of place making and the engagement of more people than ever before. Established and new links with schools, colleges, festivals and events form part of the company’s work each year and, coming back from the pandemic we were pleased to work with Chester Storyhouse, Cultures of Place, Separate Doors and Harrogate Grammar School as well as many others to deliver performance work showcasing actors and students to a wider audience.
A mixed income portfolio ensures that the company is sustainable and while the demand for funding is extremely competitive we are grateful for the support from a wide variety of sources including Arts Council England, Igen Trust, Rank Foundation and Awards for All. Earned income coming from commissions and tickets sales as well as police and nurse training.
## **Public benefit**
The trustees have complied with the duty under section 17(5) of the Charities Act 2011 to have due regard to Charity Commission guidance on public benefit when deciding what activities should be undertaken by the charity.
## **FINANCIAL REVIEW**
## **RESERVES POLICY AND REVIEW**
At year end the charity unrestricted reserves had decreased to £69,273 (2021: £112,192).
The Coronavirus pandemic highlighted the importance of the trustees aim to maintain a healthy level of reserves. At least 6 months of expenditure, to cover working capital requirements to enable the company to continue its charitable activities during short term funding gaps and to pay for time sensitive one off projects that help to further the work of the company. Additionally, the trustees have also agreed that any actor or student from a socio economically deprived background will have their fees wholly or partially waived – no one will be excluded because of inability to pay fees. The current level of reserves also takes into account uncertainty about return to business as usual post the Coronavirus pandemic. Some reserves have been allocated to pay for consultancy and the development of a new Business Plan and development work and the Unit 21 showing rescheduled to February 2022.
Beyond that investment and sound planning and timely fundraising should ensure that the company continues to be resilient and that the appropriate level of reserves is maintained.
## **FUTURE PROJECTS**
As mentioned there is much to be positive about in the future programme of work which includes the tour of #Unit21 in early 2023, the potential re launch of Young Company – IGNITE later in the year. Rejuvenated and new connections for performance and engagement opportunities in the future include Huddersfield Literature Festival and Holmfirth Arts Festival as examples.
Page 4
## **DARK HORSE THEATRE**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
## Highlights include:
- A series of performances and workshops over June and July 2022, all featuring Dark Horse’s company and student actors
- Awards for All funded project Connected Particles
- The development, production and tour of #Unit21 in the new year 2023
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Organisational structure**
The board of trustees remained strong, filling any skills gaps that assist the company and its forward momentum. Coming out of the pandemic the company launched an Actors Steering Committee. Made up of the company actors the steering committee meets before every trustees meeting, following the agenda, commenting and discussing its content before that is fed back in the more formal Board of Trustees meeting. Meetings are held quarterly with the AGM towards the end of the year.
## **Staffing**
The company grew its core staff to 3.5 full time equivalent staff with the addition of an Organisational Development Manager funded by Rank Foundation as part of the Time to Shine programme. Additional input from a regular volunteer finance assistant, freelance tutors and project workers, highly skilled professionals from the theatre and business worlds were also employed as required. Many on fixed term contracts in a variety of roles relevant to the work programme of a producing theatre company.
## **Patrons**
## George Costigan
As well as being hugely successful stage, television and film actor, George is also an author. He rose to fame in 1986 as adulterous businessman Bob in comedy film Rita, Sue and Bob Too. He has since starred in many television productions most recently Happy Valley and Emmerdale. Film work incudes Calendar Girls and Shirley Valentine. In the theatre, he created the role of Mickey Johnstone in Willy Russell's Blood Brothers.
## Susannah Harker
Susannah has had a highly successful career on both stage and screen. She starred alongside Clive Owen in Chancer and as Jane Bennett in the 1995 TV adaptation of Jane Austen's Pride and Prejudice. Most recently Susannah appeared in the BBC drama Young James Herriott. And as Su in the acclaimed West End production of Mike Leigh's Abigail's Party.
## Stephen Tompkinson
Encouraged by his grandfather to act, since leaving Central School of Speech and Drama at the age of 23, Stephen has had an illustrious career, including Ballykissangel, Drop the Dead Donkey and the film Brassed Off. In recent years he's starred in successful TV series including Wild at Heart and DCI Banks and West End hit Spamalot as King Arthur.
Page 5
## **DARK HORSE THEATRE**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 04015695 (England and Wales)
**Registered Charity number** 1082267
**Registered office** Lawrence Batley Theatre Huddersfield West Yorkshire HD1 2SP
## **Trustees**
D A Calvert P J Hunt (resigned 8.2.22) V A Javin S J Diamant S Hussain C E Morris D R Cuthbertson
## **Company Secretary**
L Hornsby
## **Independent Examiner**
Brosnans Chartered Accountants Birkby House Bailiff Bridge Brighouse West Yorkshire HD6 4JJ
Approved by order of the board of trustees on 1 December 2022 and signed on its behalf by:
V A Javin - Trustee
Page 6
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DARK HORSE THEATRE**
## **Independent examiner's report to the trustees of Dark Horse Theatre ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Laura R Brain FCA Chartered Accountant Brosnans Chartered Accountants Birkby House Bailiff Bridge Brighouse West Yorkshire HD6 4JJ
15 December 2022
Page 7
## **DARK HORSE THEATRE**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
4,060
**Charitable activities**
Actor training and workshops
45,361
Productions
-
Casting fees
4,605
Investment income
3
10
**Total**
54,036
**EXPENDITURE ON**
Raising funds
4,950
**Charitable activities**
Actor training and workshops
67,329
Productions
21,488
Casting fees
1,040
**Total**
94,807
**NET INCOME/(EXPENDITURE)**
(40,771)
**Transfers between funds**
13
(2,148)
**Net movement in funds**
(42,919)
**RECONCILIATION OF FUNDS**
Total funds brought forward
112,192
**TOTAL FUNDS CARRIED FORWARD**
69,273|Restricted
funds
£
-
57,398
5,000
-
-
62,398
-
59,982
-
-
59,982
2,416
2,148
4,564
(599)
3,965|2022
Total
funds
£
4,060
102,759
5,000
4,605
10
116,434
4,950
127,311
21,488
1,040
154,789
(38,355)
-
(38,355)
111,593
73,238|2021
Total
funds
£
4,599
116,963
13,500
-
-
135,062
2,070
97,365
11,795
-
111,230
23,832
-
23,832
87,761
111,593|
|---|---|---|---|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 8
## **DARK HORSE THEATRE**
## **BALANCE SHEET 31 MARCH 2022**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
9
1,621
**CURRENT ASSETS**
Debtors
10
2,666
Cash at bank and in hand
90,652
93,318
**CREDITORS**
Amounts falling due within one year
11
(25,667)
**NET CURRENT ASSETS**
67,651
**TOTAL ASSETS LESS CURRENT LIABILITIES**
69,272
**NET ASSETS**
69,272
**FUNDS**
13
Unrestricted funds
Restricted funds:
F1 - Igen Trust funding
The Rank Foundation
**TOTAL FUNDS**|Restricted
funds
£
-
-
3,966
3,966
-
3,966
3,966
3,966|2022
Total
funds
£
1,621
2,666
94,618
97,284
(25,667)
71,617
73,238
73,238
69,272
2,162
1,804
3,966
73,238|2021
Total
funds
£
2,990
7,174
119,152
126,326
(17,723)
108,603
111,593
111,593
112,192
(599)
-
(599)
111,593|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The notes form part of these financial statements
continued...
Page 9
## **DARK HORSE THEATRE**
## **BALANCE SHEET - continued 31 MARCH 2022**
- The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 1 December 2022 and were signed on its behalf by:
V A Javin - Trustee
The notes form part of these financial statements
Page 10
**DARK HORSE THEATRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES**
## **BASIS OF PREPARING THE FINANCIAL STATEMENTS**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **INCOME**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **EXPENDITURE**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **TANGIBLE FIXED ASSETS**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
## **TAXATION**
The charity is exempt from corporation tax on its charitable activities.
## **FUND ACCOUNTING**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **HIRE PURCHASE AND LEASING COMMITMENTS**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
continued...
Page 11
## **DARK HORSE THEATRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES - continued**
## **PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. DONATIONS AND LEGACIES**
|Donations
**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Grants
Actor training and workshops
Actor training fees
Actor training and workshops
External workshops
Actor training and workshops
Grants
Productions
Other income
Casting fees
Grants received, included in the above, are as follows:
Arts Council England
Igen Trust
Champniss Charitable Trust
One Community Fund
CAF
Orr Mackintosh Foundation
Rank Foundation|2022
£
4,060
2022
£
10
2022
£
57,398
44,460
901
5,000
4,605
112,364
2022
£
30,026
25,401
-
-
-
-
6,971
62,398|2021
£
4,599
2021
£
-
2021
£
70,518
38,430
8,015
13,500
-
130,463
2021
£
42,560
26,698
1,000
7,000
5,760
1,000
-
84,018|
|---|---|---|
||||
continued...
Page 12
## **DARK HORSE THEATRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **5. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||2022|2021|
|---|---|---|
||£|£|
|Depreciation - owned assets|1,489|1,449|
|Hire of plant and machinery|3,460|11,490|
## **6. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **TRUSTEES' EXPENSES**
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **7. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Management
Creative
No employees received emoluments in excess of £60,000.
**8.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
4,599
**Charitable activities**
Actor training and workshops
90,265
Productions
-
**Total**
94,864
**EXPENDITURE ON**
Raising funds
2,070|2022
1
3
4
Restricted
funds
£
-
26,698
13,500
40,198
-|2021
1
2
3
Total
funds
£
4,599
116,963
13,500
135,062
2,070|
|---|---|---|
continued...
Page 13
## **DARK HORSE THEATRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
|**8.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
funds
funds
£
£
**Charitable activities**
Actor training and workshops
66,840
30,525
Productions
712
11,083
**Total**
69,622
41,608
**NET INCOME/(EXPENDITURE)**
25,242
(1,410)
**RECONCILIATION OF FUNDS**
Total funds brought forward
86,950
811
**TOTAL FUNDS CARRIED FORWARD**
112,192
(599)
**9.**
**TANGIBLE FIXED ASSETS**
Fixtures
and
Computer
fittings
equipment
£
£
**COST**
At 1 April 2021
950
7,276
Additions
-
120
At 31 March 2022
950
7,396
**DEPRECIATION**
At 1 April 2021
380
4,856
Charge for year
190
1,299
At 31 March 2022
570
6,155
**NET BOOK VALUE**
At 31 March 2022
380
1,241
At 31 March 2021
570
2,420|Total
funds
£
97,365
11,795
111,230
23,832
87,761
111,593
Totals
£
8,226
120
8,346
5,236
1,489
6,725
1,621
2,990|
|---|---|
|||
continued...
Page 14
## **DARK HORSE THEATRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade debtors
Bad debt provision
VAT
Prepayments and accrued income
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Pension creditor
Accruals
Deferred income|2022
£
8,100
(7,020)
963
623
2,666
2022
£
4,456
398
1,050
19,763
25,667|2021
£
2,877
(2,070)
814
5,553
7,174
2021
£
112
102
3,500
14,009
17,723|
|---|---|---|
## **11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
## **12. LEASING AGREEMENTS**
The premises at the Lawrence Batley Theatre are occupied on an annual tenancy with no future commitment.
## **13. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Organisational development
Artistic development fund
**Restricted funds**
F1 - Igen Trust funding
The Rank Foundation
Culture Recovery Fund
**TOTAL FUNDS**|At 1.4.21
£
94,476
2,416
15,300
112,192
(599)
-
-
(599)
111,593|Net
movement
in funds
£
(25,472)
-
(15,300)
(40,772)
2,761
1,804
(2,148)
2,417
(38,355)|Transfers
between
funds
£
268
(2,416)
-
(2,148)
-
-
2,148
2,148
-|At
31.3.22
£
69,272
-
-
69,272
2,162
1,804
-
3,966
73,238|
|---|---|---|---|---|
continued...
Page 15
## **DARK HORSE THEATRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **13. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Artistic development fund
**Restricted funds**
F1 - Igen Trust funding
Garden project
The Rank Foundation
Culture Recovery Fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
Organisational development
Artistic development fund
**Restricted funds**
F1 - Igen Trust funding
**TOTAL FUNDS**|Movement
Income Expenditure
in funds
£
£
£
54,036
(79,508)
(25,472)
-
(15,300)
(15,300)
54,036
(94,808)
(40,772)
25,401
(22,640)
2,761
5,001
(5,001)
-
6,971
(5,167)
1,804
25,025
(27,173)
(2,148)
62,398
(59,981)
2,417
116,434
(154,789)
(38,355)
Net
movement
At
At 1.4.20
in funds
31.3.21
£
£
£
65,162
29,314
94,476
2,188
228
2,416
19,600
(4,300)
15,300
86,950
25,242
112,192
811
(1,410)
(599)
87,761
23,832
111,593|
|---|---|
|||
continued...
Page 16
## **DARK HORSE THEATRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **13. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Organisational development
Artistic development fund
**Restricted funds**
F1 - Igen Trust funding
Future Loading
**TOTAL FUNDS**|Movement
Income
Expenditure
in funds
£
£
£
94,864
(65,550)
29,314
-
228
228
-
(4,300)
(4,300)
94,864
(69,622)
25,242
35,198
(36,608)
(1,410)
5,000
(5,000)
-
40,198
(41,608)
(1,410)
135,062
(111,230)
23,832|
|---|---|
## **RESTRICTED FUNDS**
The Igen Trust funds are to be used to support F1 for the period to July 2022.
The Garden project and Future Loading monies were spent on delivering productions.
The funding received from The Rank Foundation is to be used to fund a fundraising role for the year ended 31 December 2022.
The Arts Council England Culture Recovery Fund consisted of funding received to sustain and redevelop the charity through covid 19.
The designated funds are funds set aside by the Board for specific purposes.
## **14. RELATED PARTY DISCLOSURES**
There is a close relationship with the Lawrence Batley Theatre. Included in these financial statements are administration and room hire costs of £13,543 (2021: £1,811) paid to the Lawrence Batley Theatre. Included in creditors is £4,349 (2021: £-633) due to the Lawrence Batley Theatre.
continued...
Page 17
## **DARK HORSE THEATRE**
|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31 MARCH 2022**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Investment income**
Deposit account interest
**Charitable activities**
Grants
Actor training fees
External workshops
Other income
**Total income**
**EXPENDITURE**
**Other trading activities**
Bad debts
**Charitable activities**
Wages
Social security
Pensions
Freelance staff
Travel and accommodation
Publicity
Production and workshop costs
Depreciation of tangible fixed assets
**Office and support costs**
**Overhead costs**
Rent, rates and water
Insurance
Telephone
Carried forward|2022
£
4,060
10
62,398
44,460
901
4,605
112,364
116,434
4,950
88,469
2,832
815
3,460
1,499
2,232
21,611
1,490
122,408
15,290
1,038
622
16,950|2021
£
4,599
-
84,018
38,430
8,015
-
130,463
135,062
2,070
74,275
2,325
571
11,490
87
699
9,010
1,449
99,906
1,260
698
98
2,056|
|---|---|---|
This page does not form part of the statutory financial statements
Page 18
## **DARK HORSE THEATRE**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**Overhead costs**
Brought forward
Postage and stationery
Sundries
Computer and website costs
**Finance**
Bank charges
**Management costs**
Staff training and development
Organisational development
Accountancy fees
Total expenditure
**Net (expenditure)/income**|2022
£
16,950
43
1,387
899
19,279
90
-
7,287
775
8,062
154,789
(38,355)|2021
£
2,056
590
29
1,055
3,730
28
174
4,072
1,250
5,496
111,230
23,832|
|---|---|---|
This page does not form part of the statutory financial statements
Page 21