**REGISTERED COMPANY NUMBER: 05307944 (England and Wales) REGISTERED CHARITY NUMBER: 1118592**
## **New London Performing Arts Centre Limited**
**Report of the Trustees and**
**Unaudited Financial Statements**
**for the Year Ended 31st August 2023**
## **New London Performing Arts Centre Limited**
## **Contents of the Financial Statements for the Year Ended 31st August 2023**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 4|
|**Independent Examiner's Report**|5|
|**Statement of Financial Activities**|6|
|**Statement of Financial Position**|7|
|**Statement of Cash Flows**|8|
|**Notes to the Statement of Cash Flows**|9|
|**Notes to the Financial Statements**|10 to 16|
|**Detailed Statement of Financial Activities**|17 to 18|
## **New London Performing Arts Centre Limited**
## **Report of the Trustees for the Year Ended 31st August 2023**
The trustees present their report with the financial statements of the charity for the period ended 31st August 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **Objectives and activities Objectives and aims**
NLPAC encourages the next generation to perform. It serves to inspire, enrich and enable the local community, offering opportunities regardless of background. It is committed to providing quality, affordable classes and workshops in performing arts for young people.
NLPAC's objectives are to provide or assist in the provision of quality, affordable performing arts activities for children and young people across the borough of Haringey and beyond in music, dance and drama. To advance the education of children and young people in the performing arts by presenting, promoting, sponsoring, supporting and assisting in the development of and awareness of the performing arts within the centre and in the community through the use of outreach programmes, publications, theatre trips, performances and other media promotions.
Generous talent-based and ad hoc scholarships are offered to those families who struggle to pay fees. Many students benefit from being given this opportunity and it has enabled individuals to flourish in subjects that they thought they might never be able to afford. This year saw even more students being given scholarships, which has enabled them to develop confidence and technical ability. Previously, every year students have been given the opportunity to compete for the Annual Charlotte Coleman Scholarship award. While we still have excellent performers who retain this scholarship, this year our annual scholarship has changed to become the Amy-Athwal Kirby Scholarship, in memory of one of our students, who sadly passed away during the pandemic. The recipient receives a year of free tuition in as many group classes as they wish as well as a years' free private tuition in music or singing at NLPAC.
During the school holidays NLPAC runs a wide variety of quality, constructive, affordable performing arts workshops for children aged 4-19. Young people can take part in a full day of activities ranging from Dance, Drama, Musical Theatre, Singing, Devising Drama, Play writing, Band workshops and much more.
-1-
## **New London Performing Arts Centre Limited**
## **Report of the Trustees for the Year Ended 31st August 2023**
## **Achievement and performance**
Throughout the year, the Centre has continued to excel in its mission of promoting inclusivity, diversity and excellence and fostering a love for the performing arts. We are proud to highlight the following accomplishments, with particular emphasis on our children's classes in dance, drama, musical theatre, and music lessons:
The New London Performing Arts Centre continued its commitment to arts education by offering a comprehensive range of children's classes in various disciplines. Our dance classes provided children with opportunities to explore different styles, learn technique, and express themselves through movement. Similarly, our drama classes allowed young performers to develop their acting skills, enhance their creativity, and gain confidence. Our musical theatre programs integrated singing, dancing, and acting, nurturing well-rounded performers. Additionally, our music lessons offered children and adults the chance to learn various instruments and develop their musical abilities.
## Quality Instruction:
NLPAC takes great pride in the quality of instruction provided in our children's classes. Our faculty consists of experienced and highly skilled teachers who are dedicated to nurturing the artistic growth of each child. They create a supportive and inclusive environment that encourages creativity, discipline, and teamwork. Through their expertise and guidance, our teachers inspire young students, fostering a love for the performing arts and helping them reach their full potential.
## Accessible and Inclusive:
The New London Performing Arts Centre remains committed to making the arts accessible to all children, regardless of their socioeconomic background or abilities. We continue to offer scholarships to ensure that talented and passionate young students have the opportunity to participate in our classes. Additionally, we strive to create an inclusive environment where children of all abilities can thrive and express themselves through the performing arts.
## Performance Opportunities:
Throughout the year, NLPAC has provided numerous performance opportunities for students. These included in-house showcases, and productions that allowed young students to share their talents and gain valuable stage experience. These performances not only celebrated the progress and achievements of our students but also served as a source of inspiration and motivation for their continued artistic development. Preparations are currently underway for the NLPAC annual shows held at the Shaw Theatre in March 2024.
Looking ahead, we are committed to further expanding and enhancing our classes, with plans to offer GCSE Dance, Drama and Music courses in late 2024, ensuring that the New London Performing Arts Centre remains a premier institution for arts education. We will continue to explore innovative ways to engage with the community and inspire young people.
## **Financial review**
## **Going concern**
Due to the ongoing cost-of-living crisis, following the financial struggles that the pandemic brought, the centre retains awareness of supporting itself economically. However, the Trustees have worked very hard in maintaining adequate cash reserves to continue to survive. The Trustees are confident that the centre will continue to survive, despite the struggles that continue to be faced in this period of economic hardship.
The charity's state of affairs is as set on page 6. The charity showed a net decrease in funds of £54,639. The funds of the charity are in surplus by £2,406.
## **Future plans**
NLPAC continues to push forward with funding applications for disability access and building improvements.
## **Structure, governance and management**
## **Governing document**
The organisation is a charitable company limited by guarantee, incorporated on 8th December 2004 and registered as a charity from 28th March 2007. The company was established under a Memorandum of Association which defined the objects and powers of the charitable company and is governed under its Articles of Association.
-2-
## **New London Performing Arts Centre Limited**
## **Report of the Trustees for the Year Ended 31st August 2023**
## **Structure, governance and management**
## **Recruitment and appointment of new trustees**
The Trustees are known as members of the Management Committee. The Trustees are not subject to retirement by rotation. The Trustees are formally elected to the Board of Trustees at a full meeting of the Trustees.
## **Organisational structure**
The Trustees are responsible for the strategic direction and policy of the charity. At present there are five members. A scheme of delegation is in place and day to day responsibility for the provision of services rests with the Operations Manager. The Operations Manager is responsible for ensuring that the charity delivers the services specified and has responsibility for the day to day operational management.
## **Induction and training of new trustees**
Current Trustees are already familiar with the practical work of the charity. Prior to the appointment as a new Trustee, the candidate is met by individual Trustees and officers of the charity to ensure that he/she is fully aware of the requirements and statutory duties of a Trustee, and to ensure that the person is suitable to hold such an appointment.
## **Risk management**
The Trustees have discussed the major risks to which the charity is exposed and a formal risk register is being established; this will be updated at least annually. Systems and procedures have been established to mitigate the risks the charity faces. A strategic plan is being developed which will allow for the diversification of funding and activities to mitigate such risks, should they occur. Internal control risks continue to be minimised by the implementation of procedures for overseeing and authorising major transactions and projects.
## **Reference and administrative details**
## **Registered Company number**
05307944 (England and Wales)
## **Registered Charity number**
1118592
## **Registered office**
76 St James Lane Muswell Hill London N10 3DF
## **Trustees**
Ms E K V Byron (Director and trustee) Ms A England (Trustee) Ms F Irons (Trustee) Ms J Spackman (Trustee)
## **Independent Examiner**
David Hatchard BA FCA Nigel Wilson & Co 4th Floor 100 Fenchurch Street London EC3M 5JD
-3-
## **New London Performing Arts Centre Limited**
## **Report of the Trustees for the Year Ended 31st August 2023**
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 29th January 2024 and signed on its behalf by:
Ms E K V Byron - Trustee
-4-
## **Independent Examiner's Report to the Trustees of New London Performing Arts Centre Limited**
## **Independent examiner's report to the trustees of New London Performing Arts Centre Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st August 2023.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
David Hatchard BA FCA
Nigel Wilson & Co 4th Floor 100 Fenchurch Street London EC3M 5JD
29th January 2024
-5-
## **New London Performing Arts Centre Limited**
## **Statement of Financial Activities for the Year Ended 31st August 2023**
|**Year Ended**
**31/8/23**
**Unrestricted**
**fund**
**Notes**
**£**
**Income and endowments from**
**Charitable activities**
2
Activities undertaken directly
**503,401**
**Expenditure on**
Raising funds
3
**22,149**
**Charitable activities**
4
Activities undertaken directly
**535,891**
**Total**
**558,040**
**NET INCOME/(EXPENDITURE)**
**(54,639)**
**Reconciliation of funds**
Total funds brought forward
**57,045**
**Total funds carried forward**
**2,406**|**_Period_**
**_1/6/22_**
**_to_**
**_31/8/22_**
**_Total_**
**_funds_**
**_£_**
_124,795_
_1,798_
_142,536_
_144,334_
_(19,539)_
_76,584_
_57,045_|
|---|---|
The notes form part of these financial statements
-6-
## **New London Performing Arts Centre Limited**
## **Statement of Financial Position 31st August 2023**
|**2023**
**Unrestricted**
**fund**
**Notes**
**£**
**Fixed assets**
Tangible assets
11
**15,549**
**Current assets**
Debtors
12
**8,731**
Cash at bank
**43,792**
**52,523**
**Creditors**
Amounts falling due within one year
13
**(65,666)**
**Net current assets**
**(13,143)**
**Total assets less current liabilities**
**2,406**
**NET ASSETS**
**2,406**
**Funds**
14
Unrestricted funds
**2,406**
**Total funds**
**2,406**|**_2022_**
**_Total_**
**_funds_**
**_£_**
_20,731_
_4,557_
_70,799_
_75,356_
_(39,042)_
_36,314_
_57,045_
_57,045_
57,045
57,045|
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 29th January 2024 and were signed on its behalf by:
Ms E K V Byron - Trustee
The notes form part of these financial statements
-7-
## **New London Performing Arts Centre Limited**
## **Statement of Cash Flows for the Year Ended 31st August 2023**
|**Year Ended**
**31/8/23**
**Notes**
**£**
**Cash flows from operating activities**
Cash generated from operations
1
**(27,007)**
Net cash used in operating activities
**(27,007)**
**Cash flows from investing activities**
Purchase of tangible fixed assets
**-**
Net cash provided by/(used in) investing activities
**-**
**Change in cash and cash equivalents**
**in the reporting period**
**(27,007)**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**70,799**
**Cash and cash equivalents at the end**
**of the reporting period**
**43,792**|**_Period_**
**_1/6/22_**
**_to_**
**_31/8/22_**
**_£_**
_(1,526)_
_(1,526)_
_(1,129)_
_(1,129)_
_(2,655)_
_73,454_
_70,799_|
|---|---|
The notes form part of these financial statements
-8-
## **New London Performing Arts Centre Limited**
## **Notes to the Statement of Cash Flows for the Year Ended 31st August 2023**
## **1. Reconciliation of net expenditure to net cash flow from operating activities**
|**Year Ended**
**31/8/23**
**£**
**Net expenditure for the reporting period (as per the Statement**
**of Financial Activities)**
**(54,639)**
**Adjustments for:**
Depreciation charges
**5,182**
(Increase)/decrease in debtors
**(4,174)**
Increase in creditors
**26,624**
**Net cash used in operations**
**(27,007)**|**_Period_**
**_1/6/22_**
**_to_**
**_31/8/22_**
**_£_**
_(19,539)_
_1,382_
_3,785_
_12,846_
_(1,526)_|
|---|---|
## **2. Analysis of changes in net funds**
|**Net cash**|**At 1/9/22**
**Cash flow**
**At 31/8/23**
**£**
**£**
**£**|
|---|---|
|Cash at bank|**70,799**
**(27,007)**
**43,792**|
||**70,799**
**(27,007)**
**43,792**|
|**Total**|**70,799**
**(27,007)**
**43,792**|
The notes form part of these financial statements
-9-
## **New London Performing Arts Centre Limited**
## **Notes to the Financial Statements for the Year Ended 31st August 2023**
## **1. Accounting policies**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value.Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Expenditure**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income from fundraising events and the shop purchases.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Indirect costs are allocated on a usage basis.
Governance costs compromise of those costs associated with meeting the constitutional and statutory requirements of the charity.
All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings
- 25% on reducing balance
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
-10-
## **New London Performing Arts Centre Limited**
## **Notes to the Financial Statements - continued for the Year Ended 31st August 2023**
## **1. Accounting policies - continued**
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. Income from charitable activities**
|**Year Ended**
**31/8/23**
**Activity**
**£**
Fees and registrations
Activities undertaken directly
**447,527**
Shared facilities
Activities undertaken directly
**55,874**
**503,401**|**_Period_**
**_1/6/22_**
**_to_**
**_31/8/22_**
**_£_**
_113,754_
_11,041_
_124,795_|
|---|---|
## **3. Raising funds**
## **Other trading activities**
|**Year Ended**
**31/8/23**
**£**
Shop costs - purchases
**1,258**
Support costs
**20,891**
**22,149**|**_Period_**
**_1/6/22_**
**_to_**
**_31/8/22_**
**_£_**
_1,798_
_-_
_1,798_|
|---|---|
-11-
## **New London Performing Arts Centre Limited**
## **Notes to the Financial Statements - continued for the Year Ended 31st August 2023**
## **4. Charitable activities costs**
|Activities undertaken directly
**5.**
**Support costs**
**Human**
**Finance**
**resources**
**£**
**£**
Other trading activities
**15**
**-**
Activities undertaken
directly
**8,681**
**10,338**
**8,696**
**10,338**
**6.**
**Net income/(expenditure)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets
**7.**
**Auditors' remuneration**
Audit-related assurance services|**Support**
**Direct**
**costs (see**
**Costs**
**note 5)**
**£**
**£**
**355,112**
**180,779**
**Governance**
**Other**
**costs**
**£**
**£**
**7,116**
**13,760**
**160,775**
**985**
**167,891**
**14,745**
**Year Ended**
**31/8/23**
**£**
**5,182**
**Year Ended**
**31/8/23**
**£**
**2,400**|**Totals**
**£**
**535,891**
**Totals**
**£**
**20,891**
**180,779**
**201,670**
**_Period_**
**_1/6/22_**
**_to_**
**_31/8/22_**
**_£_**
_1,382_
**_Period_**
**_1/6/22_**
**_to_**
**_31/8/22_**
**_£_**
_-_|
|---|---|---|
## **8. Trustees' remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 31st August 2023 nor for the period ended 31st August 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31st August 2023 nor for the period ended 31st August 2022.
-12-
**New London Performing Arts Centre Limited**
## **Notes to the Financial Statements - continued for the Year Ended 31st August 2023**
## **9. Staff costs**
|**9.**|**Staff costs**|||
|---|---|---|---|
||||**_Period_**|
||||**_1/6/22_**|
||**Year Ended**||**_to_**|
|||**31/8/23**|**_31/8/22_**|
|||**£**|**_£_**|
||Wages and salaries|**83,252**|_20,416_|
||Social security costs|**2,890**|_3,824_|
||Other pension costs|**2,464**|_812_|
|||**88,606**|_25,052_|
||The average monthly number of employees during the year was as follows:|||
||**Year Ended**||**_Period_**
**_1/6/22_**
**_to_**|
||Staff|**31/8/23**
**49**|**_31/8/22_**
_48_|
||No employees received emoluments in excess of £60,000.|||
|**10.**|**Comparatives for the statement of financial activities**|||
||**Income and endowments from**||**Unrestricte**
**fund**
**£**|
||**Charitable activities**|||
||Activities undertaken directly||124,795|
||**Expenditure on**|||
||Raising funds||1,798|
||**Charitable activities**|||
||Activities undertaken directly||142,536|
||**Total**||144,334|
||**NET INCOME/(EXPENDITURE)**||(19,539)|
||**Reconciliation of funds**|||
||Total funds brought forward||76,584|
||**Total funds carried forward**||57,045|
|||||
-13-
## **New London Performing Arts Centre Limited**
## **Notes to the Financial Statements - continued for the Year Ended 31st August 2023**
## **11. Tangible fixed assets**
|**Cost**
At 1st September 2022 and
31st August 2023
**Depreciation**
At 1st September 2022
Charge for year
At 31st August 2023
**Net book value**
At 31st August 2023
At 31st August 2022
**12.**
**Debtors: amounts falling due within one year**
**2023**
**£**
Other debtors
**3,960**
Prepayments and accrued income
**4,771**
**8,731**
**13.**
**Creditors: amounts falling due within one year**
**2023**
**£**
Trade creditors
**5,854**
Other creditors
**49,239**
Accruals and deferred income
**10,573**
**65,666**
**14.**
**Movement in funds**
**Net**
**movement**
**At 1/9/22**
**in funds**
**£**
**£**
**Unrestricted funds**
General fund
**57,045**
**(54,639)**
**TOTAL FUNDS**
**57,045**
**(54,639)**|**Fixtures**
**and**
**fittings**
**£**
**108,761**
**88,030**
**5,182**
**93,212**
**15,549**
_20,731_
**_2022_**
**_£_**
_500_
_4,057_
_4,557_
**_2022_**
**_£_**
_4,610_
_25,632_
_8,800_
_39,042_
**At**
**31/8/23**
**£**
**2,406**
**2,406**|
|---|---|
-14-
## **New London Performing Arts Centre Limited**
## **Notes to the Financial Statements - continued for the Year Ended 31st August 2023**
## **14. Movement in funds - continued**
Net movement in funds, included in the above are as follows:
|**Incoming**
**resources**
**£**
**Unrestricted funds**
General fund
**503,401**
**TOTAL FUNDS**
**503,401**
**Comparatives for movement in funds**
**At 1/6/22**
**£**
**Unrestricted funds**
General fund
76,584
**TOTAL FUNDS**
76,584
Comparative net movement in funds, included in the above are as follows:
**Incoming**
**resources**
**£**
**Unrestricted funds**
General fund
124,795
**TOTAL FUNDS**
124,795|**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
**(558,040)**
**(54,639)**
**(558,040)**
**(54,639)**
**Net**
**movement**
**At**
**in funds**
**31/8/22**
**£**
**£**
(19,539)
57,045
(19,539)
57,045
**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
(144,334)
(19,539)
(144,334)
(19,539)|
|---|---|
## **15. Employee benefit obligations**
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £812 (2022: £3,111).
-15-
## **New London Performing Arts Centre Limited**
## **Notes to the Financial Statements - continued for the Year Ended 31st August 2023**
## **16. Related party disclosures**
There were no related party transactions for the year ended 31st August 2023.
## **17. Limited by guarantee**
New London Performing Arts Centre Limited is a company limited by guarantee and accordingly does not have a share capital.
-16-
## **New London Performing Arts Centre Limited**
## **Detailed Statement of Financial Activities for the Year Ended 31st August 2023**
|**Year Ended**
**31/8/23**
**£**
**Income and endowments**
**Charitable activities**
Fees and registrations
**447,527**
Shared facilities
**55,874**
**503,401**
**Total incoming resources**
**503,401**
**Expenditure**
**Other trading activities**
Shop costs - purchases
**1,258**
**Charitable activities**
Rent, rates and insurance
**14,965**
Tutor fees
**220,595**
Light and heat
**7,540**
Advertising and marketing
**445**
Helpers fees
**7,760**
Repairs, renewals and cleaning
**34,837**
Village club
**11,939**
Stage productions and theatre
**10,088**
Exam fees and related expenditure
**14,904**
Other office costs
**32,039**
**355,112**
**Support costs**
**Finance**
Bank charges
**8,696**
**Human resources**
Software licences
**10,338**
**Other**
Wages/salaries
**83,252**
Social security
**2,890**
Pensions
**2,464**
Rent, rates and insurance
**60,000**
Telephone
**3,372**
Postage and stationery
**109**
Other costs
**8,694**
Carried forward
**160,781**|**Period**
**1/6/22**
**to**
**_31/8/22_**
**_£_**
_113,754_
_11,041_
_124,795_
_124,795_
_1,798_
_1,109_
_52,821_
_1,402_
_-_
_4,087_
_6,696_
_1,589_
_2,995_
_7,528_
_6,784_
_85,011_
_1,565_
_2,599_
_20,416_
_3,824_
_812_
_15,000_
_905_
_12_
_791_
_41,760_|
|---|---|
This page does not form part of the statutory financial statements
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## **New London Performing Arts Centre Limited**
## **Detailed Statement of Financial Activities for the Year Ended 31st August 2023**
|**Year Ended**
**31/8/23**
**£**
**Other**
Brought forward
**160,781**
Subscriptions
**1,928**
Depreciation of tangible fixed assets
**5,182**
**167,891**
**Governance costs**
Auditors' remuneration for non audit work
**2,400**
Accountancy fees
**11,360**
Legal fees
**985**
**14,745**
Total resources expended
**558,040**
**Net expenditure**
**(54,639)**|**Period**
**1/6/22**
**to**
**_31/8/22_**
**_£_**
_41,760_
_153_
_1,382_
_43,295_
_-_
_9,613_
_453_
_10,066_
_144,334_
_(19,539)_|
|---|---|
This page does not form part of the statutory financial statements
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