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2020-12-31-accounts

			Page
Report ofthe Trustees		1	to	6
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		10	to	17
Detailed Statement of Financial Activities		18	to	19

							Penod
							1.7.18
						Year Ended	to
						31.12.20	31.12.19
				Unrestricted	Restricted	Total	Total
			Notes	fund f	funds 6	funds E	fundsf
INCOME AND ENDOWMENTS		FROM
Donations and legacies			3	150,070	22,730	172,800	97,141
Charitable activities			5
Venue operations				130,845		130,845	818,489
Other trading activities			4	32,674		32,674	192,167
Other income			6	20,121		20,121
Total				333,710	22,730	356,440	1,107,797
EXPENDITURE ON
Raising funds				18,750		18,750	90,718
Charitable activities
Venue operations				272,484	367	272,851	999,154
Total				291,234	367	291,601	1,089,872
NET INCOME				42,476	22,363	64,839	17,925
RECONCILIATION	OF FUNDS
Total funds brought	forward			55,263	5,034	60,297	42,372
TOTAL FUNDS CARRIED FORWARD				97,739	27,397	125,136	60,297

				2020	2019
		Unrestricted	Restricted	Total	Total
	Notes	fund f	fundsf	funds f	fundsf
FIXEDASSETS
Tangible assets	13	9,603		9,603	9,733
CURRENT ASSETS
Stocks	14	2,511		2,511	3,855
Debtors	15	4,025		4,025	7,149
Cash at bank and in hand		249,799	27,397	277,196	175,781
		256,335	27,397	283,732	186,785
CREDITORS
Amounts falling due within one year	16	(122,922)		(122,922)	(136,221)
NET CURRENT ASSETS		133,413	27,397	160,810	50,564
TOTAL ASSETS LESSCURRENT LIABILITIES		143,016	27,397	170,413	60,297
CREDITORS
Amounts falling due after more than one year	17	(45,277)		(45,277)
NET ASSETS		97,739	27,397	125,136	60,297
FUNDS	19
Unrestricted funds				97,739	55,253
Restricted funds				27,397	5,034
TOTAL FUNDS				125,136	60,207

					Period
					1.7.18
				Year Ended	to
				31.12.20	31.12.19
				6	f
Bar sales				32,674	192,167
INCOME FROM CHARITABLE			ACTIVITIES
					Period
					1.7.18
				Year Ended	to
				31.12.20	31.12.19
			Activity	6	6
Ticket sales			Venue operations	111,130	735,444
Performance	venue	hire	Venue operations	1,250	9,835
Other lettings	and
conferences			Venue operations	5,895	19,197
Booking fees			Venue operations	8,993	37,694
Film Club			Venue operations	87	5,289
I evy charges			Venue operations	3,490	10,324
Other			Venue operations		706
				130,845	818,489
OTHER INCOME
					Period
					1.7.18
				Year Ended	to
				31.12.20	31.12.19
					8
Government	grants			20,121

SUPPORT	COSTS
					Governance
				Management 6	costs f	Totals f
Venue operations				62,716	3,000	65,716
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/(crediting)
						Period
						1.7.18
					Year Ended	to
					31.12.20	31.12.19
					6	f
Independent	examiner's	remuneration			1,000	2,606
Other non-independent		examination	services		2,000	4,000
Depreciation	-owned assets				3,200	5,850

STAFF COSTS
							Period
							1.7.18
						Year Ended	to
						31.12.20	31.12.19
						Z	6
Wages and salaries						104,479	106,567
Social security costs						2,103	9,051
Other pension costs						1,846	2,263
						108,428	117,881
The average monthly	number of	employees		during	the year was as follows:
							Period
							1.7.18
						Year Ended	to
						31.12.20	31.12.19
Employees						6	4
No employees received emoluments			in excess of		f60,000.
COMPARATIVES FOR THE STATEMENT				OF FINANCIAL ACTIVITIES
					Unrestricted	Restricted	Total
					fundf	funds f	funds 6
INCOME AND ENDOWMENTS		FROM
Donations and legacies					85,441	11,700	97,141
Charitable activities
Venue operations					818,489		818,489
Other trading activities					192,167		192,167
Total					1,096,097	11,700	1,107,797
EXPENDITURE ON
Raising funds					90,718		90,718
Charitable activities
Venue operations					992,488	6,666	999,154
Total					1,083,206	6,666	1,089,872
NET INCOME					12,891	5,034	17,925
RECONCILIATION	OF FUNDS
Total funds brought	forward				42,372		42,372

				Unrestricted	Restricted	Total
				fund	funds 6	fundsf
TOTAL	FUNDS	CARRIED	FORWARD	55,263	5,034	60,297

			Improvements		Fixtures
			to	Plant and	and
			properly 6	machinery f	fittings f	Totals 6
	COST
	At 1 January	2020	333,138	9,711	19,565	362,414
	Additions			3,070		3,070
	At 31 December 2020		333,138	12,781	19,565	365,484
	DEPRECIATION
	At 1 January	2020	333,137	5,008	14,536	352,681
	Charge for year			1,942	1,258	3,200
	At 31 December 2020		333,137	6,950	15,794	355,881
	NET BOOK VALUE
	At 31 December 2020			5,831	3,771	9,603
	At 31 December 2019			4,703	5,029	9,733
14.	STOCKS
					2020	2019
					6	f
	Stocks				2,511	3,855
15.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2020	2019
					6	8
	Trade debtors				504	1,290
	Prepayments	and accrued income			3,521	5,859
					4,025	7,149

16.	CREDITORS:	AMOU	NTS		FALLING	FALLING	DUE WITHIN ONE YEAR
								2020	2019
									6
	Bank loans and overdrafts				(see note		18)	4,722
	Trade creditors							8,397	30,445
	Amounts owed	to group undertakings						1,363
	Social security	and other		taxes				23	1,206
	VAT							3,352	5,045
	Other creditors							12,351	3,296
	Accruals and deferred		income					92,714	96,229
								122,922	136,221
17.	CREDITORS:	AMOUNTS			FALLING		DUE AFTER MORE THAN ONE YEAR
								2020	2019
								6	f
	Bank loans (see note		18)					45,277
18.	LOANS
	An analysis of	the maturity			of	loans is given below.
								2020	2019
								6	f
	Amounts falling	due within			one year on demand:
	Bank loans							4,722
	Amounts falling	between		one		and two years:
	Bank loans - 1-2years							9,624
	Amounts falling	due between				two and five years:
	Bank loans - 2-5 years							30,356
	Amounts falling	due in	more than five				years:
	Repayable by instalmentsi
	Bank loans more than		5years			payable by instalments		5,297
19.	MOVEMENT IN FUNDS
								Net
								movement	At
							At 1.1.20	in funds	31.12.20
								f	6
	Unrestricted funds
	General fund						55,263	42,476	97,739
	Restricted funds
	Santander Foundation						3,000		3,000
	Steam Programme						1,000		1,000
	Film Hub						1,034	2,363	3,397
	Organisational	Development						20,000	20,000
							5,034	22,363	27,397
	TOTAL FUNDS						60,297	64,839	125,136

Net movement	in fu	nds, incl	ud	ed in t	he above	are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
						5		f
Unrestricted	funds
General fund						333,710	(291,234)	42,476
Restricted funds
Film Hub						2,730	(367)	2,363
Organisational	Development					20,000		20,000
						22,730	(367)	22,363
TOTAL FUNDS						356,440	(291,601)	64,839
Comparatives	for	movement		in funds
							Net
							movement	At
						At 1.7.18	in funds	31.12.19
						5		f
Unrestricted	funds
General fund						42,372	12,891	55,263
Restricted funds
Santander Foundation							3,000	3,000
Steam Programme							1,000	1,000
Film Hub							1,034	1,034
							5,034	5,034
TOTAL FUNDS						42,372	17,925	60,297
Comparative	net movement		in	funds,	included	in the above are as follows:
						Incoming	Resources	Movement
						resources f	expended	in funds
Unrestricted	funds
General fund						1,096,097	(1,083,206)	12,891
Restricted funds
Sussex Community		Foundation				5,000	(5,000)
Santander Foundation						3,000		3,000
Steam Programme						1,000		1,000
Film Hub						2,700	(1,666)	1,034
						11,700	(6,666)	5,034
TOTAL FUNDS						1,107,797	(1,089,872)	17,925

						Period
						1.7.18
					Year Ended	to
					31.12.20	31.12.19
					6	6
INCOME AND		ENDOWMENTS
Donations and			legacies
Donations					52,716	85,441
Grants					120,084	11,700
					172,800	97,141
Other trading		activities
Bar sales					32,674	192,167
Charitable activities
Ticket sales					111,130	735,444
Performance	venue			hire	1,250	9,835
Other lettings	and conferences				5,895	19,197
Booking fees					8,993	37,694
Film Club					87	5,289
Levy charges					3,490	10,324
Other						706
					130,845	818,489
Other income
Government	grants				20,121
Total incoming			resources		356,440	1,107,797
EXPENDITURE
Other trading		activities
Barcosts					18,750	90,718
Charitable activities
Wages					104,479	106,567
Social security					2,103	9,051
Pensions					1,846	2,263
Advertising					4,884	14,473
Performers' fees					65,099	516,842
Technicians					4,990	26,548
Film rental					4,938	14,921
Ticketing costs					5,134	14,046
Equipment hire						1,569
Security costs						760
Front of house					4,371	15,043
Relaxed and	friendly			screening	367	1,666
Programme costs					896	21,064
PRS charges					3,597	25,823
Consultancy					2,800	26,475
Meals Appeal	costs				1,631
Grants to institutions						5,000
					207,135	802,111

					Period
					1.7.18
				Year Ended	to
				31.12.20	31.12.19
				f	f
Supportcosts
Management
Rates and water				378	2,244
Insurance				2,619	3,781
Lightand heat				11,834	27,577
Telephone				929	2,497
Postage and	stationery			1,277	2,508
Sundries				538	2,856
Service charges				6,000	9,000
Travel and subsistence				189	2,535
Entertaining					461
Computer costs				1,569	1,807
Repairs and maintenance				4,929	12,800
Cleaning				8,283	20,221
Bank charges				6,436	20,947
Administration	and bookkeeping			6,834	38,688
Irrecoverable	VAT			7,041	12,819
Bad debt					22,026
Depreciation	oftangible	and herita	ge assets	3,200	5,850
Bank loan interest				625
Other interest	payable			35
				62,716	188,617
Governance	costs
Independent	examiner's	remuneration		1,000	2,606
Auditors' remuneration		for non audit work		2,000	4,000
Legal fees					1,820
				3,000	8,426
Total resources	expended			291,601	1,089,872
Net income				64,839	17,925