||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|10|
|Independent
Examiner's|Report||||
|Statement ofFinancial|Activities||12||
|Balance Sheet||13|to|14|
|Notes to the Financial Statements||15|to|23|
|Detailed Statement ofFinancial Activities||24|to|25|
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|||||for the|Year End|ed 31August|2020|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2020|2019|
|||||||Unrestricted|Restricted|Total|Total|
|||||||funds|funds|funds|funds|
||||||Notes|f,||f.||
|INCOME AND ENDOWMENTS||||FROM||||||
|Donations
and legacies||||||11,318|7,515|18,833|8,846|
|Charitable
activitins||||||||||
|Music and drama group productions||||||18,455||18,455|33,237|
|Art group||||||360||360|816|
|Film||||||3,071||3,071|2,684|
|Gafiery||||||14,264||14,264|19,941|
|Other income||||||1,445||1,445|3,184|
|Programme
adverts||and sales||||6,899||6,899|3,960|
|Room letting||||||14,601||14,601|17,591|
|Subscriptions||||||11,052||11,052|15,593|
|Bar and Catering||||||12,798||12,798|20,315|
|External
bookings||||||856||856|5,413|
|Grants||||||46,776||46,776|7,000|
|Live Streaming||||||10,653||10,653||
|Other fundraising|activities||||||10,288|10,288|18,289|
|Investment
income||||||1,163||1,163|1,266|
|Total||||||153,711|17,803|171,514|158,135|
|EXPENDITURE|ON|||||||||
|Raising funds|||||||1,055|1,055|2,630|
|Charitable
activities||||||||||
|Music and drama group productions||||||6,468||6,468|11,999|
|Art group||||||260||260|600|
|Film||||||2,002||2,002|1,319|
|Gallery||||||580||580|197|
|Programme
adverts||and sales||||10,873||10,873|10,444|
|Room letting||||||21||21|225|
|Subscriptions||||||145||145|425|
|Bar and Catering||||||7,194||7,194|9,593|
|Other running
costs||||||63,841||63,841|58,329|
|External bookings||||||391||391|176|
|Live Streaming||||||5,985||5,985||
|Other|||||||||6,968|
|Total||||||97,760|1,055|98,815|102,905|
|NET INCOME||||||55,951|16,748|72,699|55,230|
|RECONCILIATION|||OF FUNDS|||||||
|Total funds brought|||forward|||731,777|233,426|965,203|909,973|
|TOTAL FUNDS|CARRIED FORWARD|||||787,728|250,174|1,037,902|965,203|
##
|||Balance Sheet|||
|---|---|---|---|---|
|||31August 2020|||
||||2020|2019|
|||Notes||f,|
|FIXFD ASSETS|||||
|Tangible assets|||988,340|843,617|
|CURRENT ASSETS|||||
|Stocks||12|881|708|
|Debtors||13|908|8,930|
|Cash at bank and in hand|||118,460|205,097|
||||120,249|214,735|
|CREDITORS|||||
|Amounts
falling due within one year||14|(50,272)|(50,376)|
|NET CURRENT ASSETS|||69,977|164,359|
|TOTAL ASSETSLESS|CURRENT||||
|LIABILITIES|||1,058,317|1,007,976|
|CREDITORS|||||
|Amounts
falling due after|more than one year|15|(20,415)|(42,773)|
|NET ASSETS|||1,037,902|965,203|
|FUNDS||19|||
|Unrestricted
funds:|||||
|General fund|||452,728|396,777|
|13Bell Street Revaluation|Reserve||335,000|335,000|
||||787,728|731,777|
|Restricted
funds|||250,174|233,426|
|TOTAL FUNDS|||1,037,902|965,203|
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||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
|Fundraising|events||||||10,288|18,289|
|INVESTMENT||INCOME|||||||
||||||||2020|2019|
|||||||||6|
|Deposit account||interest|||||1,163|1,266|
|INCOME|FROM CHARITABLE ACTIVITIES||||||||
||||||||2020|2019|
||||Activity||||||
|Production|and|events income|Music and drama group productions||||18,455|33,237|
|Production|and|events income|Art group||||360|816|
|Production|and|events income|Film||||3,071|2,684|
|Production|and|events income|Gallery||||14,264|19,941|
|Production|and|events income|Other income||||1,445|3,184|
|Production|and|events income|Programme||adverts|and sales|6,899|3,960|
|Production|and|events income|Room letting||||14,601|17,591|
|Production|and|events income|Subscriptions||||11,052|15,593|
|Production|and|events income|Bar and Catering||||12,798|20,315|
|Production|and|events income|External|bookings|||856|5,413|
|Grants|||Grants||||46,776|7,000|
|Production|and|events income|Live Streaming||||10,653||
||||||||141,230|129,734|
|Grants received,||included
in the|above, are as follows:||||||
||||||||2020|2019|
|Arts Council England|||||||21,776||
|Dorset Council|||||||25,000||
|Other Grants Received||||||||7,000|
||||||||46,776|7,000|
##
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##
|||||||Support||
|---|---|---|---|---|---|---|---|
||||||Direct|costs (see||
||||||Costs|note 7)|Totals|
||||||f,||f.|
||Music and drama group productions||||6,468||6,468|
||Art group||||260||260|
||Film||||2,002||2,002|
||Gallety||||580||580|
||Programme|adverts and sales|||10,873||10,873|
||Room letting||||21||21|
||Subscriptions||||145||145|
||Bar and Catering||||7,194||7,194|
||Other running||costs||6,253|57,588|63,841|
||External bookings||||391||391|
||Live Streaming||||5,985||5,985|
||||||40,172|57,588|97,760|
|7.|SUPPORT|COSTS||||||
|||||||Governance||
|||||Finance|Other|costs|Totals|
|||||||f.|f,|
||Other running||costs|231|52,999|4,358|57,588|
|8.|NET INCOME/(EXPENDITURE)|||||||
||Net income/(expenditure)|||is stated after charging/(crediting):||||
|||||||2020|2019|
||Depreciation||-owned assets|||2,378|2,006|
||Independent||Exantination|||1,980|1,890|
##
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|||Notes to the ltinancial
Statements - continued
for the Year Ended 31 August 2020|Notes to the ltinancial
Statements - continued
for the Year Ended 31 August 2020|Notes to the ltinancial
Statements - continued
for the Year Ended 31 August 2020|||||
|---|---|---|---|---|---|---|---|---|
|COMPARATIVES||FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||2019||||
|||||Unrestricted|Restricted|||Total|
|||||funds||funds||funds|
|||||||f.|||
|INCOME AND ENDOWMENTS FROM|||||||||
|Donations
and legacies||||3,186||5,660||8,846|
|Charitable
activities|||||||||
|Music and drama group productions||||33,237||||33,237|
|Art group||||816||||816|
|Fihn||||2,684||||2,684|
|Gallery||||19,941||||19,941|
|Other income||||3,184||||3,184|
|Programme
adverts||and sales||3,960||||3,960|
|Room letting||||17,591||||17,591|
|Subscriptions||||15,593||||15,593|
|Bar and Catering||||20,315||||20,315|
|External bookings||||5,413||||5,413|
|Grants||||||7,000||7,000|
|Other fundraising|activities|||||18,289||18,289|
|Investment
income||||1,266||||1,266|
|Total||||127,186|30,949|||158,135|
|EXPENDITURE|ON||||||||
|Raising funds||||||2,630||2,630|
|Charitable
activities|||||||||
|Music and drama group productions||||11,999||||11,999|
|Art group||||600||||600|
|Filar||||1,319||||1,319|
|Gallery||||197||||197|
|Programme
adverts||and sales||10,444||||10,444|
|Room letting||||225||||225|
|Subscriptions||||425||||425|
|Bar and Catering||||9,593||||9,593|
|Other running
costs||||58,329||||58,329|
|External bookings||||176||||176|
|Other||||||6,968||6,968|
|Total||||93,307||9,598||102,905|
|NET INCOME||||33,879|21,351|||55,230|
|Transfers
betsveen||funds||(968)|||968||
|Net ruovement
in|funds|||32,911|22,319|||55,230|
|RECONCILIATION|||OF FUNDS||||||
|Total funds brought|||fortvard|698,866|211,107|||909,973|
|TOTAL FUNDS|CARRIED FORWARD|||731,777|233,426|||965,203|
##
||for the Year Ended|for the Year Ended|31August 2020||||
|---|---|---|---|---|---|---|
|11.|TANGIBLE FIXEDASSETS||||||
||||Freehold||Plant and||
||||property||machinery|Totals|
|||||f.|||
||COST||||||
||At
1 September 2019||835,595||19,069|854,664|
||Additions||143,360||3,870|147,230|
||Disposals|||(129)||(129)|
||At 31 August 2020||978,826||22,939|1,001,765|
||DEPRECIATION||||||
||At
1 September 2019||||11,047|11,047|
||Charge for year||||2,378|2,378|
||At 31 August 2020||||13,425|13,425|
||NET BOOK VALUE||||||
||At 31 August 2020||978,826||9,514|988,340|
||At 31 August 2019||835,595||8,022|843,617|
||The Reehold property|at 13Bell Street was transferred|to the company|at valuation|in February|2007.|
|12.|STOCKS||||||
||||||2020|2019|
||||||f.||
||Stocks||||881|708|
|13.|DEBTORS:AMOUNTS FALLING DUE WITHIN||ONE YEAR||||
||||||2020|2019|
|||||||6|
||Trade debtors||||6|1,712|
||Other debtors||||329||
||Prepayments||||573|7,218|
||||||908|8,930|
##
##
##
|||||2020|2019|
|---|---|---|---|---|---|
|||||f,||
||Bank loans and overdrafis||(see note 16)|23,100|22,188|
||Other loans (see note|16)||2,000|2,000|
||Trade creditors|||3,042|6,089|
||Other creditors|||809|373|
||Accmals and deferred|income||21,321|19,726|
|||||50,272|50,376|
|15.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR|||||
|||||2020|2019|
||Bank loans (see note|16)||18,485|42,163|
||Accruals and deferred|income||1,930|610|
|||||20,415|42,773|
|16.|LOANS|||||
||An analysis ofthe maturity||ofloans is given below:|||
|||||2020|2019|
||Amounts
falling due|within one year on demand:||||
||Bank loans|||23,100|22,188|
||Other loans|||2,000|2,000|
||Amounts
falling due|atter|one year on demand:|||
||Bank loans|||18,485|42,163|
##
|||2020|2019|
|---|---|---|---|
||||f.|
|Bank|loans|41,585|64,351|
##
##
##
|18.|ANALYSIS|O|F NET ASS|ETS|BETWEEN FUNDS||||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||||f||8|
||Fixed assets||||792,660|195,680|988,340|843,617|
||Current assets||||65,755|54,494|120,249|214,735|
||Cunent liabilities||||(50,272)||(50,272)|(50,376)|
||Long term liabilities||||(20,415)||(20,415)|(42,773)|
||||||787,728|250,174|1,037,902|965,203|
|19.|MOVEMENT||IN FUNDS||||||
||||||||Net||
||||||||movement|At|
|||||||At 1.9.19|in funds|31.8.20|
||||||||f||
||Unrestricted|funds|||||||
||General fund|||||396,777|55,951|452,728|
||13Bell Street|Revaluation||Reserve||335,000||335,000|
|||||||731,777|55,951|787,728|
||Restricted
funds||||||||
||Funding
our Future|||||228,426|16,748|245,174|
||Lift for building||phase IV|||5,000||5,000|
|||||||233,426|16,748|250,174|
||TOTAL FUNDS|||||965,203|72,699|1,037,902|
||Net movement||in funds, included||in the above are as follows:||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
|||||||||f,|
||Unrestricted|funds|||||||
||General fund|||||153,711|(97,760)|55,951|
||Restricted
funds||||||||
||Funding
our Future|||||17,803|(1,055)|16,748|
||TOTAL FUNDS|||||171,514|(98,815)|72,699|
##
##
##
|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.9.18|in fimds|funds|31,8.19|
||||||f||
|Unrestricted
funds|||||||
|General fund|||363,866|33,879|(968)|396,777|
|13Bell Street Revaluation||Reserve|335,000|||335,000|
||||698,866|33,879|(968)|731,777|
|Restricted funds|||||||
|Funding
our Future|||207,107|21,319||228,426|
|Live Screening|||4,000|(4,968)|968||
|Lift for building|phase IV|||5,000||5,000|
||||211,107|21,351|968|233,426|
|TOTAL FUNDS|||909,973|55,230||965,203|
|Comparative
net|movement|in funds, included|in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
||||||8|8|
|Unrestricted
funds|||||||
|General
fund||||127,186|(93,307)|33,879|
|Restricted funds|||||||
|Funding
our Future||||23,949|(2,630)|21,319|
|Live Screening||||2,000|(6,968)|(4,968)|
|Lift for building|phase IV|||5,000||5,000|
|||||30,949|(9,598)|21,351|
|TOTAL FUNDS||||158,135|(102,905)|55,230|
##
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##
|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|fulltis|
|||||||f.|f|
|INCOME|AND|ENDOWMENTS||||||
|Donations|and legacies|||||||
|Douations||||1,318|7,515|8,833|8,846|
|Legacies||||10,000||10,000||
|||||11,318|7,515|18,833|8,846|
|Other fundraising|||activities|||||
|Fundraising|events||||10,288|10,288|18,289|
|Investment|income|||||||
|Deposit account||interest||1,163||1,163|1,266|
|Charitable|activities|||||||
|Production|and events income|||94454||94,454|122,734|
|Grants||||46,776||46,776|7,000|
|||||141,230||141,230|129,734|
|Total incoming||resources||153,711|17,803|171,514|158,135|
|EXPENDITURE||||||||
|Raising donations|||and legacies|||||
|Fundraising|||||1,055|1,055|2,630|
|Charitable|activities|||||||
|Advertising||||3,899||3,899|6,752|
|Cost ofsales||||33,774||33,774|34,553|
|Subscriptions||||145||145|425|
|Room hire||||30||30||
|Credit card charges||||2,324||2,324|2,623|
|||||40,172||40,172|44,353|
|Other||||||||
|Technical equipment|||||||6,968|
|Support costs||||||||
|Finance||||||||
|Bank charges||||231||231|217|
|Other||||||||
|Rates and|water|||2,309||2,309|3,551|
|Insurance||||4,040||4,040|4,872|
|Carried forward||||6,349||6,349|8,423|
##
||fo|r the Year Ended 31 August|2020|||
|---|---|---|---|---|---|
|||||2020|2019|
|||Unrestricted|Restricted|Total|Total|
|||funds
f.|funds
f|fundsf|funds
f,|
|Other||||||
|Brought fotward||6,349||6,349|8,423|
|Light and heat||9,232||9,232|8,851|
|Telephone||906||906|894|
|Postage and stationery||3,792||3,792|3,352|
|Sundries||1,716||1,716|1,988|
|Licences||549||549|539|
|Premises
running|costs|6,407||6,407|11,772|
|Repairs and renewals||22,112||22,112|5,289|
|Website maintenance||761||761|823|
|Bank loan interest||563||563|842|
|Mortgage||612||6]2|988|
|||52,999||52,999|43,761|
|Governance
costs||||||
|Accountancy
and|legal fees|1,980||1,980|2,970|
|Plant and machinery||2,378||2,378|2,006|
|||4,358||4,358|4,976|
|Total resources expended||97,760|1,055|98,815|102,905|
|Net income||55,951|16,748|72,699|55,230|