## **TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISSION FOR ENGLAND AND WALES** 

## **CHARITY NAME: X-ENTRICITY YOUTH THEATRE** 

## **CHARITY NUMBER: 1097469** 

## **START DATE: 01 10 2020    END DATE: 30 09 2021** 

## **OBJECTIVES AND ACTIVITIES** 

SUMMARY OF THE PURPOSES OF THE CHARITY, AS SET OUT IN ITS GOVERNING DOCUMENT: 

To advance the education of young people, particularly by the encouragement of the arts, including the arts of dance, music and musical theatre; and to establish and arrange schemes therefore, provided that all objects of the Society shall be of a charitable nature 

SUMMARY OF THE MAIN ACTIVITIES IN RELATION TO THOSE PURPOSES FOR THE PUBLIC BENEFIT, IN PARTICULAR THE ACTIVITIES, PROJECTS OR SEVICES IDENTIFIED IN THE ACCOUNTS: 

Working together as a Group, to provide a programme of drama and musical theatre productions in which members participate 

STATEMENT CONFIRMING WHETHER THE TRUSTEES HAVE HAD REGARD TO THE GUIDANCE ISSUED BY THE CHARITY COMMISSION ON PUBLIC BENEFIT: The Trustees have run the Charity and all and any associated activities with regard to the guidance issued by the Charity Commission on public benefit 

## CONTRIBUTION MADE BY VOLUNTEERS: 

X-entricity is run and assisted entirely by Volunteers, who freely give their time and expertise. Without their dedication and professionalism, it would not be possible to meet the aims of the Charity 

## ACHIEVEMENTS AND PERFORMANCE 

SUMMARY OF THE MAIN ACHIEVEMENTS OF THE CHARITY, IDENTIFYING THE DIFFERENCE THE CHARITY’S WORK HAS MADE TO THE CIRCUMSTANCES OF ITS BENEFICIARIES AND ANY WIDER BENEFITS TO SOCIETY AS A WHOLE: 

In common with all businesses, the Charity found the impact of COVID on their activities to be a monumental challenge. Our young members work towards public performances in theatre settings. Covid restrictions meant that not only were we unable to bring people together to learn rehearse or socialize, but the theatres themselves were completely closed. Despite this, by using internet platforms and remote learning, we were able to achieve an online performance of a single song. Not only was this beneficial for the social engagement and mental wellbeing of our young members, it also enabled us to raise a small sum for our funds. As guidelines suggested possible dates for the reopening of theatres, we were keen to restart our work with young people. 

However, as our activities had essentially been on hold for two years, and there was a great deal of uncertainty as to whether audiences would be prepared to return to a theatre environment, it would have been irresponsible to risk our limited funds. 

After discussions with our local theatre (The Courtyard, Hereford) they kindly offered a grant of £9600 to support our work, and enable us to restart without endangering the future of the Charity. 

It was a challenging process to move forward whilst following tight restrictions (including not being able to have more than six people working in a room together, and teaching socially-distanced dances), but it was so fulfilling to see 



the very positive effects on the young people’s demeanour and mental health. The show (Kinky Boots) had a life-affirming and positive message, enjoyed and embraced by cast, volunteers and the members of the public who made up our audience, thus ensuring a magical end to a very difficult time. 

## FINANCIAL REVIEW 

REVIEW OF THE CHARITY’S FINANCIAL POSITION AT THE END OF THE PERIOD: The attached audited accounts show a reasonable balance of funds, allowing us to continue with our work 

STATEMENT EXPLAINING THE POLICY FOR HOLDING RESERVES: We hold cash in a Community Charity Account. These funds are used to perpetuate our programme of activities, to enable us to achieve our objectives. No reserves are specifically held, save as necessary to safeguard the continuance of the Charity’s activities 

THE CHARITY’S PRINCIPAL SOURCES OF FUNDS: 

The Charity relies primarily on revenue from ticket sales for theatrical performances, coupled with other fundraising events when possible. This income is entirely applied to continuing our programme of events, and the costs thereby generated, ensuring the continued success of our work with young people 2022 will mark the Charity’s 20[th] Anniversary, and despite ever-increasing costs, the trustees and volunteers are determined to keep X-entricity moving forward, for the continued benefit of both members and the wider community 

## STRUCTURE, GOVERNANCE AND MANAGEMENT 

TYPE OF GOVERNING DOCUMENT: Memorandum and Articles of Association – 12/9/02 and Special Resolution 17/10/02 

HOW IS THE CHARITY CONSTITUED? Company 

TRUSTEE SELECTION METHODS: By nomination/appointment from volunteers who have worked with the Charity, and understand the level of commitment required 

## REFERENCE AND ADMINISTRATIVE DETAILS 

CHARITY NAME: X-entricity Youth Theatre 

REGISTERED CHARITY NUMBER: 1097469 

CHARITY’S PRINCIPAL ADDRESS: Langstone Court Barn Llangarron Ross on Wye Herefordshire HR9 6NR 

NAMES OF THE TRUSTEES WHO MANAGE THE CHARITY: Jane Hewson Secretary/Treasurer Stephen Liddle Chair Paul Sockett Director 



CORPORATE TRUSTEES DIRECTORS AT THE DATE THE REPORT WAS APPROVED: As above 

NAME OF TRUSTEES HOLDING TITLE TO PROPERTY BELONGING TO THE CHARITY: N/A 

FUNDS HELD AS CUSTODIAN TRUSTEES: N/A 

DECLARATION: 

THE TRUSTEES DECLARE THAT THEY HAVE APPROVED THE TRUSTEES’ REPORT ABOVE: 

Signed on behalf of the Charity’s Trustees 

Signature      (as attached) 

Full Name    Jane Hewson Position       Secretary/Treasurer Date              22/06/22 



FUNDS HELD AscvsfoDIANTRVSTEES..
NIA
DEaARATION:
$8n¢don behalfoftheO4rttysTntsiees
Full Name
Po*tio

REGISTERED COMPANY NUMBER: 04633879 (England and Wale51
REGISTERED CHARITY NUMBER: 1097469
Un8
dite
th
Thorne & Co.
Accountants
1 St Mary's Street
Ross-on-wye
Herefordshire
HR9 5HT

-en
Y th Theatre
on
ntsof
r the Year E
Fin
al
latements
mber 202
Page
Report of the Tw8te8S
Independent Examinerfs Rewt
ststement of Financial Activitks
B8lan¢e Sheel
4 to 5
Notes to thè Finandal Statements
8 to 9
Detsiled Statèment of Flnancial Activities
10

Truste
Year Ende
30
21
The Iruslees who a￿ also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financlal statements of the charity for the year ended 30 September 2021. The truste&s have
adopted the provisions of A￿Ounting and Reporting by Charities: Statement of Recommended Practice
applicab￿ to charities preparlng their accounts in a￿Ordance with the Financial Reporting Standard
applicable In the UK and Republic of Ireland (FRS 102) (effectivt 1 January 20191.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing documont
The ¢harity is controllad by Its goveming document, a deed of Itust. and constkntes a limlw company,
limited ty guarantee, as d6flned by the Companies Act 2006.
Risk management
The trustees have a duty to Identify and reNiew the rfsks to which the tharity is exF)osed and to ensure
appropriate ¢onlrols are in place to provide reasonable assurance against fr8ud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstsrod Company number
04533879 (England and Wales)
Reg18tered Charlty number
1097469
Rogi8tered offl¢e
Langstone Court Bam
Langston8 Llangarron
Ross On Wye
Herefordshire
HR9 6NR
Trustees
J E Hewson
P Sockett
S P Liddle
Company Secretary
J E Hewson
Indopendent Examinor
Thom8 & Co.
Accountants
1 St Mary's Street
Rossthon-we
Herefordshlre
HR9 5HT
Approved by order of Ihe board of Irusiees on .......-....
. and signed on its bèhalf by:
- Trustee
Page 1

Independent examlnerf8 report to the trustses of X4ntrlelty Youth Theatre (Yho Company.)
I report to the charlty trustees on my examination of the accoun18 of the Company for the year ended
30 September 2021.
Rosponslblllt108 and bas1$ of report
As the charity's trustees of the Company land 81so Its directors for th6 purposes of company law) you are
regponsible for the preparation of the accounts in ac¢otrIan￿ with the require￿nts of thè Companles Act
2006 ('the 2006 A¢t').
Having Satisfied myself that the accounts of the Company are nol ￿qUired to be altdited under Part 16 of the
2006 Act and are eligib18 for independent examination, I report in respect of my examination of your ¢harity'$
a¢wunts as ¢arrted out under s6cllon 145 of the Charities A¢t 2011 ('the 2011 ACV). In carying out my
examinats'on I have fr>llowed the Directions given by the Charity Commission under sects'on 145{5) {b) of the
2011 Act.
Indopendont examlnefs slatement
I have compl8ted my examination. I confirm that no matters have come to my attention in connection wth
the 6xamlnation givlrKJ me c4use to believe:
accounting records were not kept In respect of Ihe Company as requir8d by seCt￿n 386 of the 2006
Act., or
the a¢¢ounts do not ac¢ord with tho88 r8corKls', or
the accounts do not comply with the accounting rèquirements of section 396 of the 2006 Act other
than any requirement Ihat the account8 give 8 true and fair view which is not a matter considered as
part of an independent examination. or
the accounts have not been prepared in accordanc9 with the methods and prindple$ ofthe Statement
of Recommended Practice fof accounllng and reporting by charities {applicable to Charities preparing
their 8ccount8 in accordan￿ with the Financial Reporting Standard applicable in the UK and Republi¢
of Ireland {FRS 102)).
have no concems and have come across no other matters in connection with the examination to which
attention should be drawn In Ihis report in order to enab￿ a proper understanding of the acwunts to be
reached.
Edwa
Richards
Thorne & Co.
Ac¢ountsnts
1 St Mary's Street
Ross-on-wye
Herefordshire
HR9 5HT
Date..
Page 2

Youth Th tre
in
ncial
Ose
he
21
30.9.21
Total
funds
30.9.20
Total
funds
Unr&stricted Restricted
fund
fund
Notes
INCOME AND ENOOWMENTS FROM
Donallons and legacies
11.492
11,492
250
Charltable acllvltleg
Perfomiances
21,281
21,281
1,934
Other tradlng activitie8
3,185
Tolal
32,773
32.773
5,369
EXPENDITURE ON
Raising funds
Chaiitable actlvltles
Performances
27,917
27,917
1,851
Total
27.917
27,917
2,015
NET INCOME
4,856
4,856
3,354
RECONCILIATION OF FUNDS
Total funds brought forward
8,428
8,428
5,074
TOTAL FUND8 CARRIED FORWARD
13,284
13,284
8,428
The notes fomi part of these finan¢i81 stal6m6nts
Page 3

B81
Sh
em
er2
30.9.21
Total
nds
30.9.20
Total
fvnds
Unrestricted Reslricted
fund
fund
Notes
CURRENT ASSETS
Debtors
Cash at bank and In hand
182
13,547
182
13,547
4,752
13,729
13,729
9,818
CREDITOR8
Amounts falling due wlthin one year
(4451
{445)
{1,390)
NEf CURRENT ASSEts
13,284
13,284
8,428
TOTAL ASSETS LESS CURRENT
LIABILITIES
13,284
13.284
8,428
NET ASSETS
13,284
13,284
8,428
FUNDS
Unrestricted funds
13,284
8,428
TOTAL FUND3
13,284
8,428
The charitable company is entitled to exemption from audit under Section 4TT of th6 Companies Act 2006
for the year ended 30 September 2021.
The members have not required th8 company to obtaln an audlt of its financlal ststements for the year
ended 30 September 2021 in accordance with Séction 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
la) ensuring Ihat the charitable comp8ny keeps accountlng records that comply with Sectlons 386 and
387 of the Companies Act 2006 and
(b) preparing financlal ststements which give a true and fair view of the state of affairs of the charltable
company as at the end of each financial year and of its surplu5 or deficit for each fin8ncial year In
acwrdance with the ￿qUIrementS of Sections 394 and 395 and which othewise comply wrth the
requirements of the Companies Act 2006 relatlng to financial statements, so far as applicable to th&
charltable company.
The note8 fomi part of these financial statements
Page 4
continued...

hee
These finan¢lal statements have been p￿pared in accordance with the provision8 applicable to charltable
o)mpanies sublect to the Small companyès regime.
The fi
ncial 8
ements We￿ approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by:
ewson - Twstee
dle- Trustee
The nol68 fom part of these financial statemenls
Page 5

Y uth Theatre
the
en
t mber 2021
ACCOUNTING POLICIES
8a818 of prgparfng tho flnaD¢lal 8tatements
The financial statements of the charil8ble company, which is a public benefft entty under FRS 102,
have been prepared in accordance wlth the Charitles SORP IFRS 1021 'Accounting and Reporting by
Charfties". Statement of Recommendèd Practice applicable to charities preparing their a¢¢ounts in
accordance with the Financial Reporting Standard applicabi8 in the UK and Republic of Ireland (FRS
1021 (effective 1 January 2019),, Financial Rewrtlng Standard 102 The Financial Reporting Stsndard
applicable in the UK and Republic of Irel8nd' and the Companies Act 20C6. The ft'nan¢ial statements
have been prepared under the historlcal wst convention.
Income
All income is recognised In the Statement of Financial Aclvities On￿ the charity has ents'tlement lo
the fvnds, it is probable that the income wlll be re￿iVed and the amount can be measured reliabty.
Income from theatre ticket sales 18 included in income In the period in whlch the relevant performance
takes place.
Expendfturo
Liabilities are recognised as expenditure as soon as there is a legal or constructfve obllgation
committing the charity to that expendilure, it 1$ probable that a transfer of economic benefits will be
roquired in setuement and the amunl of the obligation can be mea$ure¢J reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings thal aggregate all cost
related to the category. Where costs cannol be direotly attributed to partlcutar headings they have
been allocated to activities on a basis consistent with the use of resources.
Prcmjuction costs are charged to the Statement of Financial Athvitses in the year of the first
pgrfonTtance. C051s relating to productions which do not have their first perfomiance by the end of the
Ilnancial year are held on the balance sheet as prepayments.
Taxatlon
The charity IS exempt from corporation tax on its charitable aGtivilies.
Fund accountlng
Unrestricted fvnds can be u8ed in accordance wlth the charitsbla objective8 at the di5cretlon of the
trustees.
Restrfcted funds can onty be used for pa￿CUlar restricted purposes wlthln the ob*cts of the charity.
Restrictions arise when Specified by the donor or when funds a￿ raisgd for particular restricted
purposes.
OTHER TRADING ACTMTIES
30.9.21
30.9.20
Fundralsing events
3,185
Page 6
ntinu8d...

Thea
Not
r the Year End d
s - contin
21
TRU8TEE8' REMUNERATION AND BENEFITS
There were no Irustees, remuneration or other benefrts for the year ended 30 September 2021 nor for
the year ended 30 September 2020.
Tru8tee8' expense8
There were no trustees, expen8e8 paid for the year ended 30 September 2021 nor for the year
ended 30 September 2020.
DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
30.9.21
30.9.20
Prepayments and accrued income
182
4,752
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.21
30.9.20
Trade creditors
Accruals and deferred inoome
445
1,390
445
1,390
MOVEMENT IN FUNDS
Nel
movement
in funds
At
1.10.20
At
30.9.21
Unre8trl¢ted lund8
General fvnd
8,428
4,856
13,284
TOTAL FUNDS
8.428
4,856
13,284
Net movement in funds, Included in the above aré as follows..
Inwmlng
reSoUr￿S
Resources
expended
Movement
in funds
Unr8strlcted funds
General fund
32,773
127,917}
4.858
TOTAL FUNDS
32,773
127,9171
4,856
Page 7
contlnued...

Thea
ments- co
er 2021
r th Year End
MOVEMENT IN FUNDS - continued
Comparntlv86 for movement In funds
Net
movement
In fund8
At
30.9.20
1.10.19
Unre8trictod funds
General fund
5.074
3,354
8.428
TOTAL FUNDS
5,074
3,354
8,428
Comparative net movement in funds, included in the above are as folbws..
Incoming
resour￿8
Resources
expended
Movement
in funds
Unr08trlcted funds
General lund
5.369
12,0151
3,354
TOTAL FUNDS
5,369
12,0151
3,354
A ￿rrent year 12 nujrtths and prlor year 12 months combined posltion is as follows:
Net
movement
in funds
At
1.10.19
At
30.9.21
Unrestridod funds
General fvnd
5,074
8.210
13,284
TOTAL FUNDS
5,074
8,210
13,284
A current year 12 months and prior year 12 months combined net movement in fvnd8. included In the
above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unreslrlctod funds
General fund
38,142
(29,932}
8,210
TOTAL FUNDS
38,142
129.932)
8,210
Page 8
contlnued...

X-en
You
otes to
r the Year E
ncial State
30Se
tem
RELATED PARTh DISCLOSURES
There were no related party trangacttons for the year ended 30 September 2021.
LIMrrED BY GUARA TrifEE
The company is a private company limited by guarantee and consequéntly does not hav8 share
(xpital. Each of the members is liable to contribute an amount not ex¢eeding £1 towards Ihe assets of
the Gompany In the event of liquidation.
Page 9

Fin
ncial Actfvit
r20
Y rEnde
30.9.21
30.9.20
INCOME AND ENDOWMEPKS
Donallons and1oga¢les
Donatlons and grants
11,492
250
Othertrading actlvlti
Fundraising events
3,185
Charitable aetivitio
Perfomiances
21,281
1,934
Totsl IncomlTrg rnsourco•
32,773
5,369
EXPENDITURE
Ra181ng donatlons and legaclos
Fundraising
Charltabl• acllvltle8
Performances
26,571
793
Support Costs
Management
Insurance
1.200
1,058
oth
Sundries
146
Total resour￿$ expended
27.917
2,015
Net Incomè
4,856
3,354
This page does not form part of the ststutory financial stalem&nts
Page 10

**REGISTERED COMPANY NUMBER: 04533879 (England and Wales) REGISTERED CHARITY NUMBER: 1097469** 

## Report of the Trustees and 

Unaudited Financial Statements for the Year Ended 30 September 2021 

for 

X-entricity Youth Theatre 

Thorne & Co. Accountants 

1 St Mary's Street Ross-on-Wye Herefordshire HR9 5HT 



X-entricity Youth Theatre 

Contents of the Financial Statements for the Year Ended 30 September 2021 

||Page|
|---|---|
|Report of the Trustees|1|
|Independent Examiner's Report|2|
|Statement of Financial Activities|3|
|Balance Sheet|4 to 5|
|Notes to the Financial Statements|6 to 9|
|Detailed Statement of Financial Activities|10|





X-entricity Youth Theatre 

## Report of the Trustees for the Year Ended 30 September 2021 

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 30 September 2021. 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). 

## **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. 

## **Risk management** 

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 

04533879 (England and Wales) 

## **Registered Charity number** 

1097469 

## **Registered office** 

Langstone Court Barn Langstone Llangarron Ross On Wye Herefordshire HR9 6NR 

## **Trustees** 

J E Hewson P Sockett S P Liddle 

## **Company Secretary** 

J E Hewson 

## **Independent Examiner** 

Thorne & Co. Accountants 1 St Mary's Street Ross-on-Wye Herefordshire HR9 5HT 

Approved by order of the board of trustees on ............................................. and signed on its behalf by: 

................................................................. J E Hewson - Trustee 

Page 1 



Independent Examiner's Report to the Trustees of X-entricity Youth Theatre 

## **Independent examiner's report to the trustees of X-entricity Youth Theatre ('the Company')** 

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2021. 

## **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. 

Edward Richards Thorne & Co. Accountants 1 St Mary's Street Ross-on-Wye Herefordshire HR9 5HT 

Date: ............................................. 

Page 2 



X-entricity Youth Theatre 

## Statement of Financial Activities for the Year Ended 30 September 2021 

|Unrestricted<br>Restricted<br>fund<br>fund<br>Notes<br>£<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>11,492<br>-<br>**Charitable activities**<br>Performances<br>21,281<br>-<br>Other trading activities<br>2<br>-<br>-<br>**Total**<br>32,773<br>-<br>**EXPENDITURE ON**<br>Raising funds<br>-<br>-<br>**Charitable activities**<br>Performances<br>27,917<br>-<br>**Total**<br>27,917<br>-<br>**NET INCOME**<br>4,856<br>-<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>8,428<br>-<br>**TOTAL FUNDS CARRIED FORWARD**<br>13,284<br>-|30.9.21<br>30.9.20<br>Total<br>Total<br>funds<br>funds<br>£<br>£<br>11,492<br>250<br>21,281<br>1,934<br>-<br>3,185<br>32,773<br>5,369<br>-<br>164<br>27,917<br>1,851<br>27,917<br>2,015<br>4,856<br>3,354<br>8,428<br>5,074<br>13,284<br>8,428|30.9.21<br>30.9.20<br>Total<br>Total<br>funds<br>funds<br>£<br>£<br>11,492<br>250<br>21,281<br>1,934<br>-<br>3,185<br>32,773<br>5,369<br>-<br>164<br>27,917<br>1,851<br>27,917<br>2,015<br>4,856<br>3,354<br>8,428<br>5,074<br>13,284<br>8,428|
|---|---|---|
|||5,369<br>164<br>1,851|
|||2,015|
|||3,354<br>5,074|
|||8,428|



The notes form part of these financial statements 

Page 3 



X-entricity Youth Theatre 

## Balance Sheet 

## 30 September 2021 

|Unrestricted<br>Restricted<br>fund<br>fund<br>Notes<br>£<br>£<br>**CURRENT ASSETS**<br>Debtors<br>4<br>182<br>-<br>Cash at bank and in hand<br>13,547<br>-<br>13,729<br>-<br>**CREDITORS**<br>Amounts falling due within one year<br>5<br>(445)<br>-<br>**NET CURRENT ASSETS**<br>13,284<br>-<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>13,284<br>-<br>**NET ASSETS**<br>13,284<br>-<br>**FUNDS**<br>6<br>Unrestricted funds<br>**TOTAL FUNDS**|30.9.21<br>Total<br>funds<br>£<br>182<br>13,547<br>13,729<br>(445)<br>13,284<br>13,284<br>13,284<br>13,284<br>13,284|30.9.20<br>Total<br>funds<br>£<br>4,752<br>5,066<br>9,818<br>(1,390)<br>8,428<br>8,428<br>8,428<br>8,428<br>8,428|
|---|---|---|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021. 

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006. 

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. 

The notes form part of these financial statements 

Page 4 

continued... 



X-entricity Youth Theatre 

## Balance Sheet - continued 

## 30 September 2021 

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 ............................................. and were signed on its behalf by: 

............................................. J E Hewson - Trustee 

............................................. 

S P Liddle - Trustee 

The notes form part of these financial statements 

Page 5 



X-entricity Youth Theatre 

Notes to the Financial Statements for the Year Ended 30 September 2021 

## **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. 

Income from theatre ticket sales is included in income in the period in which the relevant performance takes place. 

## **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. 

Production costs are charged to the Statement of Financial Activities in the year of the first performance. Costs relating to productions which do not have their first performance by the end of the financial year are held on the balance sheet as prepayments. 

## **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. 

## **2. OTHER TRADING ACTIVITIES** 

|**OTHER TRADING ACTIVITIES**|||
|---|---|---|
||30.9.21|30.9.20|
||£|£|
|Fundraising events|-|3,185|



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X-entricity Youth Theatre 

Notes to the Financial Statements - continued for the Year Ended 30 September 2021 

## **3. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 30 September 2021 nor for the year ended 30 September 2020. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 30 September 2021 nor for the year ended 30 September 2020. 

## **4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

||||30.9.21|30.9.20|
|---|---|---|---|---|
||||£|£|
||Prepayments and accrued income||182|4,752|
|**5.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||30.9.21|30.9.20|
||||£|£|
||Trade creditors||445|-|
||Accruals and deferred income||-|1,390|
||||445|1,390|
|**6.**|**MOVEMENT IN FUNDS**||||
||||Net||
|||At|movement|At|
|||1.10.20|in funds|30.9.21|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|8,428|4,856|13,284|
||**TOTAL FUNDS**|8,428|4,856|13,284|
||Net movement in funds, included in the above are as follows:||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|32,773|(27,917)|4,856|
||**TOTAL FUNDS**|32,773|(27,917)|4,856|



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X-entricity Youth Theatre 

Notes to the Financial Statements - continued for the Year Ended 30 September 2021 

## **6. MOVEMENT IN FUNDS - continued** 

## **Comparatives for movement in funds** 

|||Net||
|---|---|---|---|
||At|movement|At|
||1.10.19|in funds|30.9.20|
||£|£|£|
|**Unrestricted funds**||||
|General fund|5,074|3,354|8,428|
|**TOTAL FUNDS**|5,074|3,354|8,428|



Comparative net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|5,369|(2,015)|3,354|
|**TOTAL FUNDS**|5,369|(2,015)|3,354|



A current year 12 months and prior year 12 months combined position is as follows: 

|||Net||
|---|---|---|---|
||At|movement|At|
||1.10.19|in funds|30.9.21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|5,074|8,210|13,284|
|**TOTAL FUNDS**|5,074|8,210|13,284|



A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|38,142|(29,932)|8,210|
|**TOTAL FUNDS**|38,142|(29,932)|8,210|



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X-entricity Youth Theatre 

## Notes to the Financial Statements - continued for the Year Ended 30 September 2021 

## **7. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 30 September 2021. 

## **8. LIMITED BY GUARANTEE** 

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets  of the company in the event of liquidation. 

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X-entricity Youth Theatre 

Detailed Statement of Financial Activities for the Year Ended 30 September 2021 

|Detailed Statement of Financial Activities<br>for the Year Ended 30 September 2021|||
|---|---|---|
||30.9.21|30.9.20|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations and grants|11,492|250|
|**Other trading activities**|||
|Fundraising events|-|3,185|
|**Charitable activities**|||
|Performances|21,281|1,934|
|**Total incoming resources**|32,773|5,369|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|Fundraising|-|164|
|**Charitable activities**|||
|Performances|26,571|793|
|**Support costs**|||
|**Management**|||
|Insurance|1,200|1,058|
|**Other**|||
|Sundries|146|-|
|Total resources expended|27,917|2,015|
|**Net income**|4,856|3,354|



This page does not form part of the statutory financial statements 

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