2023-03-31-accounts - Crying Out Loud

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

					Page
Legal and administrative		information
Chair's statement
Artistic Director's introduction
Trustees' report					6-14
Auditors' report					15-18
Statement offinancial	activities		(including	income and expenditure	account) 19-21
Balance sheet					22
Statement ofcash flows					23
Notes to the financial	statements				24-30

			Unrestricted	Unrestricted	Restricted	2023	Unrestricted	Restricted	2022
			funds		funds	'Total	funds	funds	Total
		Notes	E		E	E	E	E	E
Incoming resources		2
Incoming resources from generated		funds:
Voluntary income			215,103			215,103	215,188	—	215,188
Investment income - bank
interest				609		609	26		26
In kind support
Incoming resources from charitable
activities:
Theatrical income			29,406		73,561	102,967	39,460		39,460
Theatre tax relief							31,656		31,656
Project specific funding					4,000	4,000		85,319	85,319
Total Incoming resources			245,118		77,661	322,679	286,330	85,319	371,649
Resources expended
Cost ofgenerating funds
Fundraising costs			24,548		—	24,548	17,713		17,713
Charitable activities
Production/project costs			141,340		80,384	221,724	155,143	80,819	235,962
Support costs			86,232			86,232	90,779	—	90,779
Total resources expended			252,120		80,384	332,504	263,635	80,819	344,454
Net movement in funds
Net income/(expenditure) year	for the	3	(7,002)		(2,823)	(9,825)	22,695	4,500	27,195
Total funds brought forward			178	8?9	4500	183379	156184	—	156184
Total funds carried forward		14	171	877	1677	173554	178879	4500	183379

		2023	2022
		8
Incoming resources
Incoming resources from generated	funds
Voluntary income
Grants
ACE - main		215,103	215,103
Sponsorship
Donations			85
		215,103	215,188
Incoming resources from charitable	activities
Theatrical income
BoxOffice
Performance fees		21,277	21,927
Education Fees		43	791
Project fees Expenses reimbursed		78,499 3,148	16,702 40
Other income
		102,967	39,460
Project specific funding
Grants
ACE —Managed Funds ACE —Project Funds		4,000	5,000 80,319
		4,000	85,319

									2023	2022
									8	E
Costs of eneratln		funds
Fundraising
Salaries and fees									24,548	17,713
									24,548	17,713
Charitable activities
Production and activity costs
Project development		and presentation			fees				85,464	93,335
Project workshop/ education fees Project development and presentation					costs				190 4,780	2,100 18,212
Project workshop/	education		costs						450
Project team travel	and transport costs								21,089	11,503
Project team accommodation			and	subsistence			costs		17,682	18,035
Project marketing,	documentation			and	evaluation			costs	6,262	12,880
COL team - activity	cost ofemployment					and fees			66,238	68,167
COL team project travel, accommodation and COL activity support and marketing costs							subsistence		10,012 9,557	4,118 7,612
									221,724	235,962
Support costs
Overheads
Rent and rates									20,507	23,127
Insurance									3,335	3,928
Depreciation offixtures/fittings/equipment									1,077	1,049
Loss on disposal offixed assets									196
									25,115	28,104
Administration
Salaries									22,724	21,322
ITcosts									4,395	4,144
Office communication		costs							2,208	1,623
Office Sundries									413	3,154
Payroll costs									215	210
Office travel/ transport									148	148
Hospitality									327	87
									30,430	30,688
Professional/financial
Bank charges									186	238
Legal/professional									589	53
(Profit)/loss on exchange									(2,457)	203
									(1,682)	494
Governance costs
Salaries									22,724	21,322
Bookkeeping									5,208	4,992
Auditors' remuneration									3,815	4,978
Board expenses									622	201
									32,369	31,493
									86,232	90,779

			2023		2022
		Notes
Fixed assets Tangible assets				3,231		3,148
Current assets Debtors Cash at bank and	in	9	10,065 172,057		39,730 169,544
hand			182,122		209,274
Creditors: amounts
falling due within one year		15	11799		29 943
Net current assets				170,323		180,231
Net assets				173554		1113379
Unrestricted funds General fund		12		171,877		178,879
Restricted funds		13		1,677		4,500
Total charity funds				173,554		133,379

				2023		2022
		Notes	8
Cash provided by (used
in) operating activities		15			803	(4,921)
Cash Flows from
investing activities
Interest income				609		26
Proceeds from sale	offixed
assets
Purchase oftangible	fixed
assets			1,356			2,524
Cash provided by	(used
in) investing activities					(747)	(2,498)
Cash Flows from
financing activities Profit (Loss) on exchange			2	457		~203
Cash provided by (used in) investing activities					2 457	~203
Increase (decrease)	in cash
and cash equivalents	in the
year					2,513	(7,622)
Cash and cash equivalents
at the beginning ofthe year					169544	177 166
Total cash and cash
equivalents at the	end of
the year					172057	169544

for the year end	for the year end	ed 31	March 2023
Net income for the year is stated		after	charging:	2023	2022f
Depreciation oftangible	fixed assets			1,077	1,049
Loss on disposal offixed assets				196
Loss/(Profit) on foreign	exchange			(2,457)	203
Auditors' remuneration	- statutory	audit		3,815	4,000
Auditors' remuneration	- other assurance		services		950

The trustees received no	remuneratio	n during t	he year (2022 —fnil).	he year (2022 —fnil).
The aggregated amount (2022 - fnil).	reimbursed	to trustees	during the year was anil
Staffcosts and numbers			2023 f	2022 f
Staffcosts
Salaries and wages			115,931	108,948
Social security costs			7,895	7,317
Pension costs			2,382	2,159
			126266	118,424

corporation tax on its income and gains its charitable activities.	corporation tax on its income and gains its charitable activities.	corporation tax on its income and gains its charitable activities.	to the extent	that these are	applied to
Fixed assets —tangible assets				Fixtures/
			Circus	fittings/
			equipment f	equipment f	Tots I f
Cost
1 April 2022			1,391	5,301	6,692
Additions during	year			1,356	1,356
Disposals during	year			(1,099)	(1,099)
31 March 2023			1,391	5,558	6,949
Depreciation
1 April 2022			348	3,196	3,544
Disposals during	year			(903)	(903)
Charge for year			261	816	1,077
31 March 2023			609	3,109	3,718
Net book value
31 March 2023			782	2,449	3,231
31 March 2022			1,043	2,105	3,148
Debtors				2023f	2022f
Trade debtors				3,596
Other debtors				1,872	3,530
Prepayments/accrued		income		4,597	36,200
				10,065	39,730
Creditors: amounts		falling due within	one year	2023f	2022f
Trade creditors				4,973	8,797
Other taxation/social		security		3,107	2,974
Other creditors				3,719	17,272
Accruals/deferred	income
				11799	29 043

4	Analysis of net asse	ts between	ts between	ts between	funds (contin	ued)
	Fund balances at 31	March 2022			were
	represented by:
	Tangible fixed assets					3,148		3,148
	Current assets					204,774	4,500	209,274
	Creditors: amounts falling due within one
	year					29043	—	29043
						178879	4 500	183379
15.	Reconciliation of net movement in funds to net cash flow from operating activities					2023f		2022 6
	Net movement in funds					(9,825)		27,195
	Add back depreciation		charge			1,077		1,049
	Add back disposal of	fixed assets				196
	Deduct interest income		shown	in	investing	(609)		(26)
	activities
	Add back (profit) loss	on financing			activities	(2,457)		203
	Decrease (increase)	in	debtors			29,665		(20,833)
	Increase (decrease) in		creditors			(17,244)		(12,509)
						803		4,921