Docusign En¥ÈlopÈ ID." 41CA51EC-87BES-AC3E8E3CF67C2C8 REPORT OF THE TRUSTEES and FINANCIAL STATEMENT5 for the YEAR ENDED 31 JULY 2021 For THE BULL THEATRE LIMITED Company Reglstered No. 05876568 Reglstered Charlty No. l 106006
Docusign En¥ÈlopÈ ID." 41CA51EC-87BES-AC3E8E3CF67C2C8 THE BULL THEATRE LIMITED CONTENTS OF THE FINANCIAL STATEMENTS For the Year Ended 31 Jul 2021 Page TRUSTEES REPORT OF THE TRUSIEES STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET NOTES TO THE FINANCIAL STATEMENTS PROFIT & LOSS ACCOUNT
Docusign En¥ÈlopÈ ID." 41CA51EC-87BES-AC3E8E3CF67C2C8 THE BULL THEATRE LIMITED COMPANY INFORMATION For Ihe Year Ended 31 Jul 2021 Trustees S Earnshaw D Earnshaw M Bak)wah J Hammond Secretary: S Earnshaw Reglstered Offlce: 68 High Street Barnet EN5 5SJ Company Reglstered No 05876568 Charlty No 1106006 Accounlant: Numbers Associates Chartered Certified Accountanls Suite H, Hollies House 230 High Street Potters Bar Herts, EN6 5BL Page
Docusign En¥ÈlopÈ ID." 41CA51EC-87BES-AC3E8E3CF67C2C8 THE BUIL THEA TRE IIMITED REPORT OF TPtE TRUSTEES For the Year Ended 31 Jvl 2021 The Ifuslees who are also diiectors of the chority for the purposes of the Companie5 Act 2006. presonl their report wilh the linoncial statements of Ihe choiity for the year ended 31 July 2021. The trustees have adopted the provisions of the Statement ol Recommended Praclice ISORPI 'Accounting and Reporting by Charities. issued in March 2005. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The charity is conlrolled by its governlng document. a deed of Irvst. and constitutes o limited company. Limited by guoianlee, as defined by the Companies Act 2006. Risk Management The Iruslees have a dufy to identify and review the risks lo which the charity is exposed and lo ensure appropriate controls are In place to provide reasonable ossurance agoinsl fraud and eiior. Approved by order of the board of trustee5 on 25 Apfil 2022 Do¢uS*Mdby'. 020F46A25E804DD Mrs S Eainshaw Trustee Page
Docusign En¥ÈlopÈ ID." 41CA51EC-87BES-AC3E8E3CF67C2C8 THE BULL THEATRE LIMITED TATEMENT OF FINANCIAL A TIVITIES For the Year Ended 31 Jul 2021 2021 2020 Note Unieslricled funds Unreslricled lund5 INCOMING RESOURCES Incomlng resources Irom generated fund5 Volunlory Income Activities for Generating Funds Investment Income 16.731 955 22.500 45,823 61.269 11.250 Total Incomlng Resources 40,186 118.342 RESOURCES EXPENDED Cost ol generating fund5 Cosl of Generating Volunlory Income Charltable Acllvltles Generol Governance Costs 20,477 31.993 5,497 122.489 10.177 1.21X) Other Resources Expended Events Costs & Theatre Expenses Teaching & Consultancy Depreciation 7.356 61.163 796 796 Total Resource$ Expended GROSS PROFIT 156,675 105.329 NET INCOMING/(OUTGOING) RESOURCES -116,430 13,013 Total funds broughl forward 173,789 160,776 TOTAL FUNDS CARRIED FORWARD 57.359 173.789 The notes form porl of these financial slalements Page
Docusign En¥ÈlopÈ ID." 41CA51EC-87BES-AC3E8E3CF67C2C8 THE BULL THEATRE LIMITED BALANCE SH EET al.. 31-J ULY-21 Note 2021 2020 FIXED ASSETS Tangible Assets 56,956 52.627 CURRENT ASSETS Debtors Cash at bank 104.797 31,278 136.075 5.899 5,899 CREDITORS- Amounts falling due within one yeor NET CURRENT ASSETS 5.496 14.913 121,162 TOTAL ASSETS LESS CURRENT LIABILITIES 57,359 173.789 FUNDS Unreslricled funds TOTAL FUNDS 57,359 173.189 173.789 The charitable compony is entitled lo exemption from oudit under Section 477 01 the Componies Act 2006 (the Act) for the year ended 31 Jvly 2021. The members have not required the charitable company to obloin an audit ol ils financial statements lor the year ended 31 July 2021 in accordance with Section 476 01 the Componies Act 2006. The trustees acknowledges their responsibilities for.. lil ensuring thal the company keep5 odequale accounting records which comply with Section 386 and 387of the Act, and lill preparing financial slalemenls which give a true and lair view of the stole of affairs of the compar)y as al the end of each financial year ond of its surplus or deficil for each finoncial yeor in accordonce with the requiremenls of Section 394 and 395 . and which otherwise comply with the requirements ol the Act reloting to financial statements, $0 far as applicable to the choritable company. These financial statements have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006 and with Ihe Financial Reporting Standord for Smaller Entities (effective January 20151. These financial sfatemenls were approved by the Boord ol Tru51ees on 25 April 2022, and are signed on their beholf by: Do¢uSan*dtsy'. Do¢USddtsy.. LfisflfllfWDD Trustee Tru51ee Page
Docusign En¥ÈlopÈ ID." 41CA51EC-87BES-AC3E8E3CF67C2C8 THE BULL THEATRE LIMITED Notes lo Ihe Financial Statements For the Year Ended 31 Jul 2021 I. ACCOUNTING POLICIES Basis ol accountlng The linoncial statements have been prepared under the historical cost conventlon. and in accordance with the Finoncial Reporting Standard for Smaller Entities lelfective April 2CKJ81 and the Componies Acl 2006 and the requiiements of the Statement of Recommended Practice, Accounling and Repoiling by Charities. Incoming Resources All incoming resources are included on the Slalement of Financlal Aclivilles when the charify is legally entitled to the income and the amount can be quantified with reasonable accufacy. Resources Expended Expendilure is accounted loi on an accrual basis and has been cla55ilied Under heodings that aggregate all costs related lo the category. Where costs cannot be diiectly allributed to porliculor heodings they have been allocated to oclivilies on a basi5 COnSlStenl wllh the use of resources. Grants olfeied subject to conditions which hove not been met at the year end date are noted as a commitment but not accrued as expendilure. Tangible Flxed Assels D&precialion is colcvlated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of Ihal assel. Taxation The charity is exempl from corporation tax on Its charitable activities. Fund Accountlng Unrestricted funds con be used In accordance with the charitable oblectives at the discretion of the Iruslee5. Restricted funds can only be used lor paillcular reslricled purposes within the objects ol the chaiify. Restrictions arise when specified by the donor or when funds afe raised lor porticular Restricted Pufposes. Further explanation ol the nature and purpose ol each fund 15 included in the notes to the financiol statements. Page
Docusign En¥ÈlopÈ ID." 41CA51EC-87BES-AC3E8E3CF67C2C8 THE BUIL THEATRE IIMITED oles to the Financial Stalemen15 or the Year Ended 31 J 1 2021 2. ACTIVITIES FOR GENERATING FUNDS 2021 Merchondising and Ev8ntS 955 01.269 3. INVESTMENT INCOME 2021 Rent Received 22.5rJ) 11.250 4. TRUSTEES, REMUNERATION AND BENEFIT5 There were no Iruslees emunerolion or other benefits for the year ended 31 July 2021 nof for the vear &nd&d 31 July 2020. Trustee5' Expenses There were no Iru51&es' expenseg paid loi the yeor ended 31 July 2021 nor lor Ihs year ended 31 July ?0. 5. TANGIBIE FIXED ASSETS Tolol Imyovefnenis MO¢hlngryetc. Eqvipmgnt COST Al l August 2) Addition5 Al 31 Jvly 2021 ,423 5,125 58.548 28,453 5.125 33.578 20,990 3.9eo 20.9?0 3.9 DEPRECIATION: Al l Auqusl 20 Charge For Ihe year Al 31 July Xi21 796 796 1.592 796 796 1,592 NET BOOK VALUE Al 31 2021 56.956 33,578 20.990 2.388 Al 31 July 20 52.627 28.453 20.990 3.184 Page
Docusign En¥ÈlopÈ ID." 41CA51EC-87BES-AC3E8E3CF67C2C8 THE BULL THEATRE LIMITED Notes to the Flnancial Slatemenls For the Year Ended 31 Jul 2021 6. DEBTORS 2021 2020 Debtors &Delerred Income 104.797 104.797 7. CREDITORS.. Amovnts falling due wi*hln one year 2021 2020 Trode creditors Other Creditors Accruals & Deleried Income 11,W8 5,496 5,496 3.905 14.913 8. MOVEMENT IN FUNDS 2021 2020 At l August 2020 Net movement in funds 173,789 -116.430 160,776 13,013 Al 31 July 2021 57,3S9 173.789 Net movemenl in funds, included in the above ore a5 follows: Incomlng Resources Resources Expended Movement in funds Uniestricted funds General fund 40,186 1156.6151 -116,430 TOTAL FVNDS 40,186 156.615 -116,430 Page
Docusign En¥ÈlopÈ ID." 41CA51EC-87BES-AC3E8E3CF67C2C8 THE BU LL THEATRE LIMITED DETAILED STA TEMENT OF FINANCIAL ACTIVITIES For the Year Ended 31 Jul 2021 2021 2020 INCOMING RESOURCES Voluntary Income Donalions Miscellaneous Income Grants 14,040 2,691 13.323 32,500 76.731 16,731 45,823 45.823 Acllvllles lor Generallng Funds Merchandising and Evenls 955 61,269 Inveslmenl Income Rent Receivable 22,500 11,250 Tolal Incoming Resources 40,186 118,342 RESOURCES EXPENDEO Cost of Generating Voluntary Income Rent. Rates & Repairs Sundry expenses 19.515 962 20.477 30.335 1,657 31.992 Charilable Acllvllles Telephone Printing, stationery and postage Advertising & Maiketing Computer & l.T Related 3,495 1.572 88 342 5.497 5,942 2.344 195 1.697 10.178 Governance Costs Accovnloncy fees Debt Write-off 1.200 121,289 1,2CYJ Olher Resources Expended Events Costs & Theatre Expense5 Chaiilable Donations Teaching & Consullancy Fees 7.068 61,163 7.356 61.163 Support Costs Depreciotion 796 796 Total Resources Expended 156,615 105,329 Net Incomel(Expendlture) -116.430 13.013 This page doe5 not form port ol the statulory financiol statements Poge