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|---|---|---|---|---|
|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|
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||||||||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|
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||||||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||
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|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|
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|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|
##
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|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|
##
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##
|||||||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|