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|---|---|---|---|---|---|---|
|Legal and administrative|||information||||
|Chair's statement|||||||
|Artistic Director's|introduction||||||
|Trustees'
report||||||6-13|
|Auditors'
report||||||14-17|
|Statement
of financial||activities||(including|income and expenditure|account) 18 - 20|
|Balance sheet||||||21|
|Statement
of cash|flows|||||22|
|Notes to the financial||statements||||23-29|
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||||Unrestricted|Restricted|2022|Unrestricted|Restricted|2021|
|---|---|---|---|---|---|---|---|---|
||||funds|funds|Total|funds|funds|Total|
|||Notes|||||||
|Incoming resources||2|||||||
|Incoming
resources
from generated||funds:|||||||
|Voluntary
income|||215,188||215,188|215,103||215,103|
|Investment
income - bank|||||||||
|interest|||26||26|51||51|
|In kind support|||||||||
|Incoming
resources
from charitable|||||||||
|activities:|||||||||
|Theatrical
income|||39,460||39,460|32,558||32,558|
|Theatre tax relief|||31,656||31,656||||
|Project specific funding||||85,319|85,319||920|920|
|Total incoming
resources|||286,330|85,319|371,649|247,712|920|248,632|
|Resources expended|||||||||
|Cost of generating
funds|||||||||
|Fundraising
costs|||17,713||17,713|17,374||17,374|
|Charitable
activities|||||||||
|Production/project
costs|||155,143|80,819|235,962|131,558|5,500|137,058|
|Support costs|||90,779||90,779|86,933||86,933|
|Total resources expended|||263,635|80,819|344,454|235,865|5,500|241,365|
|Net movement
in funds|||||||||
|Net income/(expenditure)|for the||||||||
|year|||22,695|4,500|27,195|11,847|(4,580)|7,267|
|Total funds brought
forward|||156,184||156,184|144,337|4,580|148,917|
|Total funds carried forward||14|178,879|4,500|183,379|156,184||156,184|
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||||2022|2021|
|---|---|---|---|---|
|Incoming resources|||||
|Incoming resources from generated||funds|||
|Voluntary
income|||||
|Grants|||||
|ACE - main|||215,103|215,103|
|Sponsorship|||||
|Donations|||85||
||||215,188|215,103|
|Incoming resources from charitable||activities|||
|Theatrical
income|||||
|BoxOffice|||||
|Performance
fees|||21,927|14,508|
|Education Fees|||791||
|Project fees|||16,702|15,501|
|Expenses reimbursed|||40|2,155|
|Other income||||394|
||||39,460|32,558|
|Project specific|funding||||
|Grants|||||
|ACE —Managed|Funds||5,000|920|
|ACE —Project Funds|||80,319||
||||85,319|920|
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|||||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|
|Costs of
eneratin|||funds|||||||||
|Fundraising||||||||||||
|Salaries||||||||||17,713|17,374|
|||||||||||17,713|17,374|
|Charitable
activities||||||||||||
|Production
and activity||||costs||||||||
|Project development|||and presentation||||fees|||93,335|29,869|
|Project workshop/|education||||Fees|||||2,100|725|
|Project development|||and presentation||||costs|||18,212|10,280|
|Project workshop/||education|||costs||||||582|
|Project travel and transport costs||||||||||11,503|2,189|
|Project accommodation||||and|subsistence|||costs||18,035|10,201|
|Project marketing,|documentation|||||and|evaluation||costs|12,880|8,718|
|COL team - activity||cost||of employment||||and fees||68,167|66,827|
|COL team project travel,||||accommodation||||and subsistence||4,118|583|
|COL activity support|||and|marketing||costs||||7,612|7,084|
|||||||||||235,962|137,058|
|Support costs||||||||||||
|~Overhe
de||||||||||||
|Rent and rates||||||||||23,127|23,988|
|Insurance||||||||||3,928|3,771|
|Depreciation
of fixtures/fittings/equipment||||||||||1,049|558|
|Loss on disposal of||fixed||assets|||||||619|
|||||||||||28,104|28,946|
|Administration||||||||||||
|Salaries||||||||||21,322|20,776|
|ITcosts||||||||||4,144|2,935|
|Office communication|||costs|||||||1,623|1,542|
|Office Sundries||||||||||3,154|28|
|Payroll costs||||||||||210|215|
|Office travel/ transport||||||||||148|12|
|Hospitality||||||||||87||
|||||||||||30,688|25,508|
|Professional/financial||||||||||||
|Bank charges||||||||||238|258|
|Legal/professional||||||||||53|53|
|(Profit)/loss
on exchange||||||||||203|2,130|
|||||||||||494|2,441|
|Governance
costs||||||||||||
|Salaries||||||||||21,322|20,776|
|Bookkeeping||||||||||4,992|4,974|
|Auditors'
remuneration||||||||||4,978|4,245|
|Board expenses||||||||||201|43|
|||||||||||31,493|30,038|
|||||||||||90,779|86,933|
|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Fixed assets||||||||
|Tangible assets|||||3,148||1,673|
|Current assets||||||||
|Debtors||||39,730||18,897||
|Cash at bank|and|in||169,544||177,166||
|hand||||||||
|||||209,274||196,063||
|Creditors: amounts||||||||
|falling due within||||||||
|one year|||10|29,043||41,552||
|Net current assets|||||180,231||154,511|
|Net assets|||||183,379||156,184|
|Unrestricted|funds||12|||||
|General
fund|||||178,879||156,184|
|Restricted funds|||13||4,500|||
|Total charity|funds||||183,379||156,184|
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|||2022|2021|
|---|---|---|---|
||Notes|||
|Cash provided
by (used||||
|in) operating
activities|15|(4,921)|63,047|
|Cash Flows from||||
|investing
activities||||
|Interest income||26|51|
|Proceeds from sale of fixed||||
|assets|||94|
|Purchase of tangible
fixed
assets
Cash provided
by (used||(2,524)|~(1,013|
|in) investing
activities||(2,498)|(874)|
|Cash Flows from||||
|financing
activities
Profit (Loss) on exchange||(203)|~2, 130|
|Cash provided
by (used
in) investing
activities||~203|~2,130|
|Increase (decrease)
in cash||||
|and cash equivalents
in the||||
|year||(7,622)|60,043|
|Cash and cash equivalents||||
|at the beginning
of the year||117,166|117,123|
|Total cash and cash||||
|equivalents
at the end of||||
|the year||169,544|177,166|
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|Notes to the financial
for the year ended 31|Notes to the financial
for the year ended 31|statements
March 2022|||
|---|---|---|---|---|
|Net income for the year is stated after||charging:|2022|2021|
|Depreciation
of tangible|fixed assets||1,049|558|
|Loss on disposal of fixed assets||||619|
|Loss/(Profit)
on foreign|exchange||(203)|(2,130)|
|Auditors'
remuneration|- statutory
audit||4,000|4,000|
|Auditors'
remuneration|-other assurance|services|950||
|Auditors'
remuneration|—other financial services|||100|
##
|The aggregated
amount
reimbursed
to t
(2021 - anil).|rustees
during the year wa|s anil|
|---|---|---|
|Staff costs and numbers|2022|2021|
|Staff costs|||
|Salaries and wages|108,948|107,010|
|Social security costs|7,317|6,731|
|Pension costs|2,159|2,212|
||118,424|115,953|
|during the|
year was made up as follows:|||
|---|---|---|---|
|||2022|2021|
|||Number|Number|
|Cost of generating
funds||0.29|0.29|
|Charitable|activities: Projects|0.95|0.95|
|Charitable|activities: Administration|0.38|0.38|
|Charitable|activities: Governance|0.38|0.38|
|||2.00|2.00|
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||corporation
tax on its income and gains to the extent
its charitable
activities.|corporation
tax on its income and gains to the extent
its charitable
activities.|corporation
tax on its income and gains to the extent
its charitable
activities.|that these ar|e applied
to|
|---|---|---|---|---|---|
|8.|Fixed assets —tangible assets|||Fixturesl||
||||Circus|fittings/||
||||equipment|equipment|Total|
||Cost|||||
||1 April 2021|||4,168|4,168|
||Additions
during|year|1,391|1,133|2,524|
||31 March 2022||1,391|5,301|6,692|
||Depreciation|||||
||1 April 2021|||2,495|2,495|
||Charge for year||348|701|1,049|
||31 March 2022||348|3,196|3,544|
||Net book value|||||
||31 March 2022||1,043|2,105|3,148|
||31 March 2021|||1,673|1,673|
|9.|Debtors|||2022|2021|
||Trade debtors|||||
||Other debtors|||3,530|8,477|
||Prepayments/accrued||income|36,200|10,420|
|||||39,730|18,897|
|10.|Creditors: amounts||falling due within one year|2022|2021|
||Trade creditors|||8,797|5,164|
||Other taxation/social||security|2,974|2,983|
||Other creditors|||17,272|27,015|
||Accruals/deferred|income|||6,390|
|||||29,043|41,552|
##
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|||for the ye|ar ended 31|March 2022|||
|---|---|---|---|---|---|---|
|12.|Unrestricted|funds|Brought|Incoming|Outgoing|Carried|
||||forward|resources|resources|forward|
||2022||||||
||General
fund||156,184|254,674|263,635|147,223|
||2021 comparative||||||
||General
fund||144,337|247,712|235,865|156,184|
|13.|Restricted funds||Brought|Incoming|Outgoing|Carried|
||||forward|resources|resources|forward|
||2022||||||
||Circus Change|Up||5,000|500|4,500|
||Circus Around|and About||80,319|80,319||
||||4,580|85,319|80,819|4,500|
##
|West England
in Summer 2|021, and
in|partnership
wi|th Take Art.||
|---|---|---|---|---|
||Brought|Incoming|Outgoing|Carried|
||forward|resources|resources|forward|
|2021 comparative|||||
|Blame Game —N. Ireland|3,500||3,500||
|Circus Snapshot|1,080|920|2,000||
||4,580|920|5,500||
|14.|Analysis of net assets between|Analysis of net assets between|funds|General|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds||
||Fund balances at|31 March 2022|were||||
||represented
by:||||||
||Tangible fixed assets|||3,148||3,148|
||Current assets|||173,118|4,500|177,618|
||Creditors: amounts|falling due within one|||||
||year|||29,043||29,043|
|||||147,223|4,500|151,723|
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|4|Analysis of net asse|Analysis of net asse|ts between funds (contin|ts between funds (contin|ts between funds (contin|ts between funds (contin|ued)||
|---|---|---|---|---|---|---|---|---|
||Fund balances at 31||March 2021 were||||||
||represented
by:||||||||
||Tangible
fixed assets||||||1,673|1,673|
||Current assets||||||196,063|196,063|
||Creditors: amounts|falling due within one|||||||
||year||||||41,552)|41,552|
||||||||156,184|156,184|
|15.|Reconciliation
of net|||movement||in funds to|2022|2021|
||net cash flow from|operating|||activities||||
||Net movement
in funds||||||27,195|7,267|
||Add back depreciation|||charge|||1,049|558|
||Add back disposal of||fixed assets|||||619|
||Deduct interest income|||shown|in investing||(26)|(51)|
||activities||||||||
||Add back (profit) loss||on financing|||activities|203|2,130|
||Decrease (increase)||in|debtors|||(20,833)|20,832|
||Increase (decrease)|in||creditors|||(12,509)|31,692|
||||||||4,921|63,047|
|16.|Operating
Leases||||||||
||Total commitments|under operating||||leases were|as||
||follows:||||||2022|2021|
||For leasing expiring:||||||||
||Within one year|||||||18,570|
||Two to five years||||||||
||Over five years||||||||
|||||||||18,570|
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