2023-03-31-accounts

		Page
Reference and Administrative Details ofthe Company,	its Trustees and Advisers
Trustees' Report		2-11
Trustees' Responsibilities Statement		12
Independent Auditors' Report on the Financial Statements		13-16
Consolidated Statement ofFinancial Activities		17
Consolidated Balance Sheet		18
Company Balance Sheet		19
Consolidated Statement ofCash Flows		20
Notes tothe Financial Statements		21-43

Trustees			M Gregory, Trustee
			RJones, Trustee
			CSexton, Trustee
			H N St Cyr, Trustee
			PGomes, Trustee
			R Goldsmith, Trustee
			LEarls, Trustee
			A Buss, Trustee (resigned 31October			2022)
			AVenkatesh, Trustee
			G Singleton, Trustee (resigned		1 Msy 2023)
			K McLay, Trustee
			JLuke, Trustee (appointed	1 November		2022)
			TProsser, Trustee (resigned 22 July 2022)
			8 Udeh, Trustee (resigned	10May 2022)
			SLoates, Trustee (resigned	22	July 2022)
Company	registered
number			05465412
Charity registered
number			1115546
Registered		ofAce	Quad Market Place
			Cathedral Quarter
			Derby
			DE1 3AS
Independent		auditors	PKF Smith Cooper Audit Limited
			Statutory Auditors
			Prospect House
			1 Prospect Place
			Millennium Way
			Derby
			DE24 6HG
Bankers			Barclays Bank UK PI.C
			Leicester
			LE872BB

			Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds
			2023	2023	2023	2022
		Note	K	6	6	6
Income from:
Donations and legacies				7,273	7,273	11,894
Charitable activities			261,113	1,481,731	1,732,844	1,915.001
Other trading activities				634,879	634,878	538,464
Investments				51	61
Other income						7,427
Total Income			261,113	2,123,934	2,375,047	2,472,786
Expenditure on:
Raising funds		5		611,326	611,326	516,622
Charitable activities		10	242,382	1,868,018	2,110,400	1,865,521
Total expenditure			242,382	2,479,343	2,721,725	2,382.243
Net Income/(expenditure)			8,731	(355,409)	(346,878)	90,543
Transfers between	funds	22	(9S,134)	$5,134
Net movement in	funds		(86,403)	(260,27S)	(348,678)	90,543
Reconciliation of	funds:
Total funds brought	forward		166,138	353,340	619,478	428,935
Net movement in funds			(88,403)	(260,276)	(346,678)	90,543
Total funds carried forward			7$,736	93,085	172,800	519,478

			Note		2023f		2022 E
Fixed assets
Intangible assets			16		13,391		9,115
Tangible assets			17		250,956		220,695
					264,347		229,810
Current assets
Stocks			19	11,125		10,271
Debtors: amounts one year	falling due after more than		20	133,504		142,732
Debtors: amounts	falling due within one year		20	111,094		227.933
Cash at bank and	in hand			152,107		345,984
				407,830		726,920
Creditors: amounts	falling due within one
year			21	(499,377)		(437,252)
Net current liabilities		Iassets			(91,547)		289,668
Total assets less	current liabilities				172,800		519,478
Total net assets					172,800		519,478
Charity funds
Restricted funds			22		79,735		166,138
Unrestricted funds			22		93,065		353,340
Total funds					172,800		519,478

				2023		2022
		Note		E		6
Fixed assets
Intangible assets		16		13,391		9,115
Tangible assets		17		244,601		212.552
Investments		18		1		1
				257,893		221,668
Current assets
Debtors: amounts	falling due afier more than
one year		20	133,504		142,732
Debtors: amounts	failing due within one year	20	143,586		245,561
Cash at bank and	in hand		81,821		241,365
			358,710		629,658
Creditors: amounts	falling due within one
year		21	(448,933)		(339,217)
Net current liabilities Iassets				(90,223)		290,441
Total assets less	current llabgities			167,770		512,109
Total net assets				167.770		512,109
Charity funds
Restricted funds		22		79,736		166,138
Unrestricted funds		22		88,035		345,971
Total funds				167,770		512,109

FOR THE YEAR ENDED 3	1 MARCH 2023
			2023	2022
			6	5
Cash flows from operating	activities
Net cash used in operating	activities		(97,663)	(52,297)
Cash flows from investing	activities
Proceeds from the sale oftangible fixed assets				708
Purchase oftangible fixed assets			(96,214)	(144,974)
Net cash used in investing	activities		(96,214)	(144,266)
Change in cash and cash	equivalents in	the year	(193,877)	(196,563)
Cash and cash equivalents	at the beginning	ofthe year	345,984	542,547
Cash and cash equivalents	at the end of	the year	152,107	345.984
The notes on pages 21 to 43form part ofthese financial statements

	Unrestricted	Total
	funds	funds
	2022	2022
		6
Donations	11,894	11,894

				Restricted	Unrestricted	Total
				funds	funds	funds
				2023	2023	2023
				6	6	6
Derby City Council					100,000	100,000
Derby City Council		(rent in kind)			260,000	260,000
Project grants				229,996	106,169	336,186
Arts Council England					466,176	466,176
Coronavirus job	retention		scheme
COVID response	funding
Other charitable	activities		(Note 6)	21,117	549,386	570,503
				251,113	1,481,731	1,732,844
				Restricted	Unrestricted	Total
				funds	funds	funds
				2022	2022	2022
				6	6	F
Derby City Council					100,000	100,000
Derby City Council		(rent in kind)			260,000	260,000
Project grants				293,971	65,751	359,722
Arts Council England					466,176	466,176
Coronavirus job	retention		scheme		68,242	68,242
COVID response		funding			208,000	208,000
Other charitable	activities		(Note 6)	80,758	372,103	452,861
				374,729	1,540,272	1,915,001

		Restricted	Unrestricted	Total
		funds	funds	funds
		2023	2023	2023
		6	6	8
Cinema takings			298,597	298,597
Other fees	and commissions	21,117	192,399	213,516
Advertising	income		19,889	19,869
Membership			38,520	38,620
Capital grants
		21,117	549,385	570,502
		Restricted	Unrestricted	Total
		funds	funds	funds
		2022	2022	2022
		8	6	6
Cinema takings			219,788	219,788
Other fees	and commissions	80,758	118,471	199,229
Advertising	income		5,570	5,570
Membership			28,173	26,173
WorkshopRraining			2.101	2,101
		80,758	372,103	452,861

			Unrestricted	Total funds
			funds 2023	2023
			5	6
Charity trading	Income
Cafe bar income			442,808	442,808
Advertising
Room hire			44,639	44,639
Tech Squad and	Game Time		79,991	79,991
Sponsorship			12,394	12,934
Workshopitraining			44,678	44,678
Shop income			10,36$	10,369
			634,87$	634,879
Charity trading	expenses
Marketing costs			(145)	(145)
Premises costs			(913)	(913)
Other tradmg costs			(26$,166)	(269,166)
Professional fees and board		expenses	(821)	(621)
Wages, national	insurance	and pension	(337,506)	(337,506)
Depreciation			(2,638)	(2,638)
Interest payable			(336)	(336)
			(811,325)	(611,325)
			23,554	23,554

						Unrestricted	Total funds
						funds 2022	2022
Charity trading		income
Cafe bar income						309,646	309,645
Advertising						1,100	1,100
Room hire						88,319	88,319
Tech Squad	and	Games Time				58,783	56,783
Sponsorship						10,680	10,680
Workshop/training						55,889	55,889
Shop income						16,04'7	16,047
						538,464	538,464
Charity trading		expenses
Marketing costs						(110)	(110)
Premises costs						(6,709)	(6,709)
Other trading	costs					(247,118)	(247,118)
Professional	fees and board expenses					(48)	(48)
Wages, national		insurance	and pension			(260,590)	(260,590)
Depreciation						(2,047)	(2,047)
Interest payable
						(616,622)	(516,622)
						21,842	21,842
						2023	2022
						6	5
The assets and		liabilities	ofthe subsidiary	are:
Assets						96,021	185,951
Liabilities						(90,994)	(178.585)
Total net assets						5,027	7.366
Investment	Income
					Unrestricted	Total	Total
					funds	funds	funds
					2023	2023	2022
						E	E
Interest receivable					51	61

Unrestricted	Total
funds	funds
2022f	2022
7,427	7,427

Restricted	Unrestricted
funds	funds	Total
2023	2023	2023
E	E	2
242,382	1,868,018	2,110,400
Restricted	Unrestricted
funds	funds	Total
2022	2022	2022
F	E	E
246,754	1,618,867	1.865,621

Charilable	activities exp	enditure
				2023	2022
				8	6
Other direct	costs			6,712	53,241
Arts programme &activity				463,873	451,772
Suppoit costs (Note 12)				1,420,340	1,167,265
Governance	costs (Note	12)		59,181	48,636
Wages and	salaries			134,169	115,232
National insurance				30,800	25,130
Pension costs				5,326	4,345
				2,110,400	1,865,621
Analysis of	governance	and support costs
			General	Governance	Total
			support	function	funds
			2023	2023	2023
			6	6	6
Office costs			88,309	3,680	81,989
Premises costs and insurance			526,189	21.925	548,114
Professional	fees and board expenses		21,702	903	22,605
Wages and	salaries		673,831	28,076	701,907
National insurance			20,295	846	21,141
Pension			21,357	890	22,247
Depreciation	and amortisation		68,657	2,861	71,518
			1,420.340	59.181	1,479,521
			General	Governance	Total
			support	function	funds
			2022f	2022 F	2022 6
Office costs			27,075	1,128	28,203
Premises costs and insurance			513,151	21,381	534,532
Professional	fees and board expenses		15,036	627	15.663
Wages and	salaries		549,778	22,907	572,685
National insurance			16,559	690	17,249
Pension			17,425	726	18,151
Depreciation	and amortisation		28,241	1,177	29,418
			1,167,265	48,636	1,215,901

NOT FOR	ES TO THE FINANCIAL STATEMENTS THE YEAR ENDED 31 MARCH 2023
16.	Intangible assets
	Group and Company
		Webslte
	Cost
	At 1 April 2022	25,360
	Additions	9,640
	At 31 March 2023
	Amortisation
	At 1 April 2022	16,245
	Charge for the year	5,564
	At 31 March 2023	21,808
	Net book value
	At 31 March 2023	13,361
	At 31 March 2022	6,115

	Freehold	Plant and	Fixtures and	Office
	property 8	machinery 6	fittings 6	equipment	Total E
Cost
At 1 April 2022	288,434	400,738	210,033	492,179	1,369,384
Additions		17,39B	89,655	9,263	$6,214
At 31 March 2023	266,434	418,134	279,588	501,442	1,485,698
Depreciation
At 1 April 2022	201,193	374,104	184,787	378,806	1,148,689
Charge for the year	3,101	13,176	5,971	43,705	66,$63
At 31 March 2023	204,2$4	387,280	200,758	422,310	1,214,642
Net book value
At 31 March 2023	82,140	30,864	78,830	79,132	260,$68
At 31 March 2022	65,241	26,634	15,246	113,574	220,695

	Long tenn	Cinema and
	leasehold	other	Fixtures and	Office
	property	equipment	fittings	equipment	Total
	E	E	6	6	6
Cost
At 1 April 2022	266,434	377,861	1$3,210	492,179	1,329,684
Additions		16,546	69,555	9,263	95,364
At 31March 2023	266,434	394,407	262,765	501,442	1,425,048
Depreciation
At 1 April 2022	201,1$3	368,268	178,076	378,605	1,117,132
Charge for the year	3,101	10,771	5,738	43,706	63,316
At 31March 2023	204,2$4	369,029	184,814	422,310	1,180,447
Net book value
At 31March 2023	62,140	26,378	77,961	79,132	244,601
At 31 March 2022	65,241	19.603	14,134	113,574	212,552

	Investments
	in
	subsidiary
	companies
Company	6
Cost
At 1 April 2022
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022

	The following	was a subsi	diary undertaking o	diary undertaking o	fthe Compa	fthe Compa	ny:	ny:
	Name		Company		Registered		oNce or principal		Class of	Holding
			number		place of	business			shares
	Derby Quad	Enterprises	06643906		Quad Market Place, Cathedral				Ordinary	100'Yv
	Limited				Quarter,	Derby, DE1 3AS
	The financial	resuNs ofthe subsidiary		for the	year were.
	Name				Incomef		Expenditure	E Profit/(Loss) ISurplus/		Net assets 6
								(Deficit) for
									the year
									6
	Derby Quad	Enterprises	Limited		666,996		(612,127)		43,669	5,027
19.	Stocks

		Group	Group	Company	Company
		2023f	2022 5	2023 5	2022f
Due after more than one year
Other debtors		133,604	142,732	133,604	142,732
		Group 2023	Group 2022f	Company 2023 6	Company 2022 5
Due within one year
Trade debtors		5,149	74,677	1,245	22,341
Amounts owed by group undertakings				41,402	80,550
Other debtors		8,155	23,299	8,151	23,295
Prepayments	and accrued income	32,283	40.876	27,280	30,294
Grants receivable		64,507	89,051	64,507	89,081
		111,094	227,933	143,585	245,561

		Group	Group	Company	Company
		2023	2022	2023	2022
		6	6	6	6
Trade creditors		190,446	115,451	164,273	95,506
Other taxation and social security		33,219	33,495	13,667	13,283
Other creditors		9,358	10,687	6,356	6,712
Accruals and deferred	income	286,386	277,409	264,747	223,716
		489,377	437,252	448,933	339,217

Statement of	funds ~curren	t year
						Balance at
		Balance at 1			Transfers	31 March
		April 2022	Income	Expenditure	in/out	2023
		5	5	6	8	8
Unrestricted	funds
Ressruss		363,340	2,123,034	(2,479,343)	95,134	93,066
Restricted funds
Other projects	and grants	04,844	160,220	(111,276)	(123,796)
FORMAT Festival			79,750	(100,430)	20,002
Capital grants		01,294	21,117	(22,676)		79,735
		168,138	261,113	(242,302)	(96,134)	79,735
Total offunds		212476	2276247	72,721,7261		172,000

Analysis	ofnet assets between funds - current year
		Restricted	Unrestricted	Total
		funds	funds	funds
		2023	2023	2023
		6	6	6
Tangible	fixed assets	79,735	171,221	250,956
Intangible	fixed assets		13,391	13,391
Debtors	due afier more than one year		133.504	133,604
Current assets			274.326	2'74,326
Creditors	due within one year		(499,377)	(489,377)
Total		79,735	93,065	172,800
Analysis	ofnet assets between funds - prior year
		Restricted	Unrestricted	Total
		funds	funds	funds
		2022	2022	2022
		6	5
Tangible	fixed assets	81.294	139,401	220,695
Intangible	fixed assets		9,115	9,115
Debtors	due after more than one year		142,732	142,732
Current assets			499,344	584,188
Creditors	due within one year		(437,252)	(437,252)
Total		188,138	353,340	519,478

										Group	Group
										2023	2022
											E
Net income/expenditure				for	the	year	(as per	Statement	of Financial
Activities)										(346,678)	90,543
Adjustments		for:
Depreciation		charges								65,953	32,915
Amortisation		charges								5,564	5,072
Loss/(profit)		on the sale offixed assets									(708)
Increase	in stocks									(864)	(2,717)
Decrease	in	debtors								70,018	7,214
Increase/(decrease)			in	creditors						108,334	(184,616)
Net cash	used in operating				activities					(97,663)	(52,297)
Analysis	of	cash and		cash equivalents
										Group	Group
										2023	2022
										5	E
Cash in hand										162,107	345,984
Analysis	of	changes		in net	debt
									At 1 April		At 31March
									2022	Cash flows	2023
										5	5
Cash at bank and m			hand						345,984	(193,877)	152,107

payments und	er nonmncell	a	ble operating	lease	s as follows:
					Group	Group	Company	Company
					2023	2022	2023	2022
					5 E		5	5
Not later than	1 year				3,168	8,031	3,188	8,031
Later than 1year and not later than 5years						3,168		3,168
					3,168	11,199	3,168	11,199
Related party	transactions
Information about related party transactions				and	outstanding	balances is outlined	below:
					Income	Expenditure	Debtors	Creditors
						6		6
University of Derby Theatre			Limited (a
company with	a director in	common)
-At 31 March	2023				1,000
-At 31 March	2022				9,339		9,339
Derby Museums (a company			with s director	in
common)
-At 31 March	2023				200	1,380		1,380
-At 31 March	2022				4,000
BM Walsh (director)
-At 31 March	2023:None
-At 31 March	2022
Loates Business Solutions		Limited (a
company with	a director in	common)
-At 31 March	2023 (2022:	None)				4,422		1,892
Derby Book Festival (a charity with atrustee				in
common)
-At 31 March	2023 (2022:	None)				7,715		4,252
					14,939	13,617	9,339	7,324