2023-03-31-accounts - Highlights Productions

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					Page
Trustees' Annual Report (Incorporating		the	Director's Report)
Independent Examiner's Report	to the	Trustees
Statement of Financial Activities	(Including		Income and Expenditure	Account)
Statement ofFinancial Position
Notes to the Financial Statements
The Following Pages Do Not	Form	Part	ofthe Financial Statements
Detailed Statement of Financial	Activities				21

Reference		and Administrative	and Administrative	and Administrative	Details
Registered		charity	name		Highlights Productions
Charity registration			number		1100920
Company	registration			number	4646007
Principal office and			registered		Mostyn Hall
office					Friargate
					Penrith
					Cumbria
					CA11 7XR
The Trustees
					Ms SCoffer		(Resigned	30December 2022)
					Ms C Hardy MrJHolland		(Resigned	1 September 2022)
					Ms M Ingham
					MrTG Keys
					Ms E Lugg
					Mr KRahnama
					Mr0J Tallis Ms JA Campbell		(Resigned	30December 2022)
					Ms M Parker		(Resigned	30December 2022)
Company	Secretary				Ms K Lynch
Independent		Examiner			Jane Ascroft FCA	MA (Cantab)
					Enterprise House
					Harmire Enterprise	Park
					Bamard Castle
					County Durham
					DL128XT

				2023		2022
			Unrestricted	Restricted
			funds	funds	Total funds	Total funds
		Note	6	8	E	f
Income and endowments
Donations and legacies		5	153,033	79,454	232,487	219,241
Charitable activities		6	62,479	4,230	66,709	48,853
Investment income		7	671		671	109
Total income			216,183	83,684	299,867	268,203
Expenditure
Expenditure on charitable	activities	8,9	208,999	53,734	262,733	261,658
Total expenditure			208,999	53,734	262,733	261,658
Net income			7,184	29,950	37,134
Transfers between funds			300	(300)
Net movement in funds			7,484	29,650	37,134	6,545
Reconciliation offunds
Total funds brought forward			144,172	14,187	158,359	151,814
Total funds carried forward			151,656	43,837	195,493	158,359

	9,047	7„082
	'i80,779	152,~
	198r493	159,959
	tt6,495	'l55,989
	09,750	14,187
	105,745	'i44,170
19	195,416	1%.950

Donations	and Legaci	es
			Unrestdicted	Restricted	Total Funds
			Funds F	Funds f	2023
Donations
Donations			1,323		1,323
Gift aid			126		126
Promoters'	membership	fees	3,920		3,920
Reimbursed	expenses		1,276	400	1,676

Donations	and	Leg	acie	s (corrr(suedf
					Unrestricted	Restricted	Total Funds
					Funds f	Funds f	2023 f
Grants
ACE NPO	Funds				87,694		87,694
ACE NPO	Funds	(AOW)				34,310	34,310
ACE HANDS						19,749	19,749
Cumbria County		Council			10,000		10,000
Durham County		Council			9,373		9,373
Northumberland		CC			9,721		9,721
South Lakeland		DC			5,100		5,100
Eden District Council					18,500	6,500	25,000
Cumbria Community			Foundation			3,000	3,000
Sir James	Knott	Foundation				6,160	6,160
The Place					6,000	9,335	15,335
					153,033	79,454	232,487
					Unrestncted	Restricted	Total Funds
					Funds f	Funds f	2022
Donations
Donations					1,869		1,869
Gift aid					217		217
Promoters'	membership			fees	3,250		3,250
Reimbursed	expenses				886		886

5.	DOnatiOnS	DOnatiOnS	and	LegaCieS (continued)
						Unrestricted	Restricted	Total Funds
						Funds f	Funds f	2022 f
	Grants
	ACE NPO		Funds			73,198	14,496	87,694
	ACE NPO		Funds	(AOW)			34,310	34,310
	ACE CRF	Grant				21,837	6,896	28,733
	ACE HANDS						24,687	24,687
	Blaize Theatre Co						600	600
	Cumbria County			Council		9,000	1,000	10,000
	Cheshire	Rural Arts					600	600
	Durham County			Council		8,374	1,000	9,374
	NRTF					1,000		1,000
	Northumberland			CC		8,721	1,000	9,721
	Rural Arts						600	600
	South Lakeland			DC		5,100		5,100
	Spot On						600	600
						133,452	85,789	219,241
6.	Chadtable		Activities
						Unrestdcted	Restricted	Total Funds
						Funds	Funds	2023
						F	F	f
	Workshop		income			85	4,230	4,315
	Ticket sales					62,394		62,394
						62,479	4,230	66,709
						Unrestricted	Restricted	Total Funds
						Funds f	Funds f	2022 f
	Workshop		income				1,700	1,700
	Ticket sales					47,153		47,153
						47,153	1,700	48,853
7.	Investment		Income
					Unrestricted	Total Funds	Unrestricted	Total Funds
					Funds f	2023 f	Funds f	2022 f
	Bank interest receivable				671	671	109	109

Expenditure	on Chari	table	Activities by Fund Type
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2023
				8		8
Performance	costs			95,967	13,410	109,377
Staff costs				83,738	3,523	87,261
Administration				7,133	2,021	9,154
Marketing and advertising				13,502		13,502
Grants payable				600	34,310	34,910
Premises costs				5,617	470	6,087
Depreciation				1,572		1,572
Legal and professional		fees		870		870
				208,999	53,734	262,733
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2022
				6	8	6
Performance	costs			94,749	20,752	115,501
Staff costs				67,467	20,999	88,466
Administration				5,297	983	6,280
Marketing and advertising					8,233	8,233
Grants payable				600	34,310	34,910
Premises costs				5,466		5,466
Depreciation				1,932		1,932
Legal and professional		fees		870		870
				176,381	85,277	261,658
Expenditure	on Charitable		Activities by Activity Type
			Activities
			undertaken	Grant funding	Total funds	Total fund
			directly	ofactivities	2023	2022
			2		E
Performance	costs		109,377		109,377	115,501
Staff costs			87,261		87,261	88,466
Administration			9,154		9,154	6,280
Marketing and advertising			13,502		13,502	8,233
Grants payable				34,910	34,910	34,910
Premises costs			6,087		6,087	5,466
Depreciation			1,572		1,572	1,932
Legal and professional		fees	870		870	870
			227,823	34,910	262,733	261,658

10.	Analysis ofGrants	Analysis ofGrants
						2023	2022
							5
	Grants to Institutions
	Arts Out West					34,310	34,310
	Heron Theatre					600	600
						34,910	34,910
	Total grants					34,910	34,910
11.	Net Income
	Net income is	stated after		charging/(crediting):
						2023	2022
							6
	Depreciation oftangible		fixed assets			1,572	1,932
12.	Independent	Examination		Fees
						2023	2022
						E	E
	Fees payable	to the independent			examiner for:
	Independent examination			ofthe financial statements		870	870
13.	Staff Costs
	The total staff	costs and	employee		benefits for the reporting	period are analysed as	follows:
						2023 8	2022 f
	Wages and salaries					72,547	67,591
	Social security	costs				326
	Employer contributions		to	pension	plans	2,196	1,645
						75,069	69,236

The average	count of employees	count of employees	during	the year was 2 (2022: 5).The average	number	of
full-time equivalent	employees	during	the year	is analysed as follows:
					2022
					No.
Direct staff						4
Admin and office staff						1
						5

15.	Tangible Fixed Asse	ts
			Fixtures and
			fittings	Equipment	Total
				E	6
	Cost
	At 1 April 2022		9,288	20,247	29,535
	Additions			519	519
	At 31 March 2023		9,288	20,766	30,054
	Depreciation
	At 1 April 2022		8,960	14,805	23,765
	Charge for the year		82	1,490	1,572
	At 31 March 2023		9,042	16,295	25,337
	Carrying amount
	At 31 March 2023		246	4,471	4,717
	At 31 March 2022		328	5,442	5,770
16.	Debtors
				2023	2022
	Trade debtors			4,741	6,280
17.	Creditors: amounts	falling due within one year
				2023	2022
				8
	Trade creditors			2,098	3,288
	Accruals and deferred	income		4,884	2,470
	Social security and other taxes			2,065	1,324
				9,047	7,082

				At			At	31	March
				1 April 2022	Income	Expenditure	Transfers		2023
						E	F
General	reserves			138,402	216,183	(207,427)	(40,119)	107,039
Fixed asset		reserves		5,770		(1,572)	519		4,717
CRM							3,000		3,000
Fundraising		support					1,400		1,400
Potential	office		move				2,000		2,000
ITdevelopment							1,000		1,000
Creative	Eng-
Secondary		school					2,500		2,500
Commissioning			pot				20,000		20,000
Staffing	budget						10,000		10,000
				144,172	216,183	(208,999)	300	151,656
				At			At	31 March
				1 April 2021	income	Expenditure	Transfers		2022
				E	E				8
General	reserves			100,915	180,714	(174,449)	31,222	138,402
Fixed asset		reserves		7,702		(1,932)			5,770
				108,617	180,714	(176,381)	31,222	144,172

Restricted funds
	At				At 31 March
	1 April 2022 f	Income f	Expendituref	Transfers f	2023 f
HANDS	14,187	19,749	(8,373)	(300)	25,263
Arts Out West		34,310	(34,310)
Participate		20,290	(7,480)		12,810
RTDI		9,335	(3,571)		5,764
	14,187	83,684	(53,734)	(300)	43,837
	At				At 31 March
	1 April 2021 f	Income f	Expendituref	Transfers f	2022 f
HANDS		27,087	(13,350)	450	14,187
Arts Out West		34,310	(34,310)
Participate	5,052	14,274	(19,326)
Catalyst Fundraising	31,672			(31,672)
Comms and Website
Project	6,473	11,818	(18,291)
	43,197	87,489	(85,277)	(31,222)	14,187

Analysis of Net A	ssets Between Funds
		Unrestricted	Restricted	Total Funds
		Funds f	Funds	2023 f
Tangible fixed assets		4,717		4,717
Current assets		155,986	43,837	199,823
Creditors less than	1 year	(9,047)		(9,047)
Net assets		151,656	43,837	195,493
		Unrestricted	Restricted	Total Funds
		Funds f	Funds	2022 f
Tangible fixed assets		5,770		5,770
Current assets		145,484	14,187	159,671
Creditors less than	1 year	(7,082)		(7,082)
Net assets		144,172	14,187	158,359

				2023f	2022 6
Income and endowments
Donations and	legacies
Donations				1,323	1,869
Gift aid				126	217
Promoters' membership			fees	3,920	3,250
Reimbursed expenses				1,676	886
ACE NPO Funds				87,694	87,694
ACE NPO Funds	(AOW)			34,310	34,310
ACE CRF Grant					28,733
ACE HANDS				19,749	24,687
Blaize Theatre Co					600
Cumbria County	Council			10,000	10,000
Cheshire Rural Arts					600
Durham County	Council			9,373	9,374
NRTF					1,000
Northumberland	CC			9,721	9,721
Rural Arts					600
South Lakeland	DC			5,100	5,100
Spot On					600
Eden District Council				25,000
Cumbria Community		Foundation		3,000
Sir James Knott	Foundation			6,160
The Place				15,335
				232,487	219,241
Charitable activities
Workshop income				4,315	1,700
Ticket sales				62,394	47,153
				66,709	48,853
Investment income
Bank interest receivable				671	109
Total income				299,867	268,203

		2023	2022
		6	E
Expenditure
Perfonnance	costs
Accommodation		438	4,200
Artists' fees		102,365	94,177
Workshop artist fees		6,550	15,688
Promotion			284
Promoter training		24	1,152
		109,377	115,501
Staffcosts
Wages		72,547	67,591
Employer's NIC		326
Pension costs		2,196	1,645
Freelance work		7,735	14,705
Travel		3,397	3,943
Recruitment		626	150
Staff training	and other staff costs	434	432
		87,261	88,466
Administration
Pdnting and	stationery	(3)	251
Refreshments		143	654
Postage		118	326
Telephone		725	494
Computer &	website expenses	2,959	1,346
Photocopying		679	922
Subscriptions		1,175	1,058
Administration		307	221
Research costs		2,374	1,008
Office equipment		677
		9,154	6,280
Marketing and advertising
Advertising and marketing		3,749	981
Brochures		4,906	6,716
Mailing list		1,157	311
Photographs		180	225
Posters		3,510
		13,502	8,233

	2023	2022
		F
Grants payable Arts Out West	34,310	34,310
Heron Theatre	600	600
	34,910	34,910
Premises costs
Rent	2,400	2,400
Light and heat	703	723
Repairs snd renewals	118	592
Insurance	1,476	1,019
Laundry and cleaning	480	362
Room hire	910	370
	6,087	5,466
Depreciation
Deprecation	1,572	1,932
Legal and professIonal fees
Accountancy fees	870	870
Total expenditure	262,733	261,658
Net income	37,134	6,545