## ## |||||||Page| |---|---|---|---|---|---|---| |Reference and Administrative||Details||||| |Trustees'
Report||||||2-17| |Auditors'
Report||||||18-20| |Statement
of Financial|Activities||(including|Income and Expenditure|Account)|21-27| |Balance Sheet||||||28| |Cash Flow Statement||||||29| |Notes to the Financial|Statements|||||30-39| |Appendix - charitable|activities|costs analysis||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |CD
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CD||||||C)||||||||| ## ||||||(Limited
by Guarantee)|(Limited
by Guarantee)|||| |---|---|---|---|---|---|---|---|---|---| ||||||Year ended
31 March|2021|||| ||||||2021|||2020|| |Income from donations|||and|legacies|||||| |Donations|||||||||| |Donations|||||10,598||28,653||| |Donated facilities|||||78,818||78,821||| |||||||89,416|||107,474| |Grants|||||||||| |COVID-19 emergency||funding|||||||| |ACE - Emergency|Response|||Fund|119,000||||| |ACE - Culture Recovery|||Fund||197,000||||| |LB Haringey - emergency|||grant||28,000||||| |HMRC Job Retention||Scheme|||130,302||8,342||| |||||||474,302|||8,342| |ACE - NPO funding|||||132,135||129,748||| |LB Haringey - revenue||funding|||110,000||110,000||| |Finnish
Institute|||||||5,988||| |||||||242,135|||245,736| |Income from donations|||and|legacies|carried forward|805,853|||353,210| ## |||||||| |---|---|---|---|---|---|---| |Income from donations|and legacies brought||forward|805,853||353,210| |Grants||||||| |Project specific funding||||||| |ACE - Large Capital Grants|||270,148|||| |ACE - Development
Fund|||||31,654|| |Backstage Trust|||20,000|||| |Barnet Summer Activities|||||5,189|| |BBCChildren
in Need|||44,304||35,695|| |Cadent Foundation|||5,633|||| |Capital grants - misc|||25,500|||| |Christina
Smith Foundation|||25,000|||| |Christmas
Day donations|||36,291|||| |City Bridge Trust|||11,818||42,275|| |Com Exchange|||1,200|||| |DDCMS Tampon Tax|||||45,996|| |Ernest Hecht Foundation|||||2,000|| |Francis Winham
Foundation|||||2,450|| |Garfield Weston Foundation|||100,000|||| |Homes for Haringey|||9,500|||| |Homsey Parochial
Charities|||||2,385|| |Jack Petchey Foundation|||||750|| |London Borough of Barnet|||1,800|||| |London Borough of Haringey|||297,767||11,441|| |Participation
(Community)|- misc||220|||| |Participation
(Youth) - misc|||999|||| |Paul Rodgers|||||280|| |Private donations|||131,000|||| |Social Lunch|||||566|| |The 29th May Charitable|Trust||5,000|||| |The National
Lottery Community||Fund|47,927|||| |Tottenham
Grammar
School Foundation|||||6,275|| |Victoria Wood Trust|||||60,000|| |Young Barnet Foundation|||||386|| |||||1,034,107||247,342| |||||1,839,960||600,552| ## ||||||(Limited|by Guarantee)|by Guarantee)|||| |---|---|---|---|---|---|---|---|---|---|---| ||||||Year ended 31 March||2021|||| |||||||2021|||2020|| |Income from|charitable||activities|||||||| |Operation
of The||Centre||||||||| |Room, studio|and|regular|hires|||7,165||114,457||| |Classes and|courses|||||||53,887||| |Boxoffice|||||12,374|||225,630||| |Theatre hire||||||||55,558||| |In kind support|||||||19,539|||449,532| |Artists
in Residence|||||55,010|||30,000||| |Emerging
companies|||||25,000|||45,000||| |Transmission||||||||18,252||| |Classes and|courses||||11,935|||12,576||| |Christmas
Day|||||23,276|||||| ||||||||115,221|||105,828| ||||||||134,760|||555,360| |Other operating||income||||||||| |Cafe and bar||||||||40,308||| |Sundry||||||857||31,124||| ||||||||857|||71,432| ||||||||135,617|||626,792| |Income from|other trading|||activities||||||| |Fundraising||||||||||| |Fundraising
events||||||||||5,442| |Investment|income|||||||||| |Bank interest|received||||||61|||646| |Other income||||||||||| |Theatre Tax|Relief|||||||||26,106| |||||||||||26,106| |||||||||(Limited|by|Guarantee)||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Year ended|31 March 2021|||| |||||||||||2021|2020|| |Expenditure||on raising||||funds||||||| |Fundraising||||||||||||| |Fundraising|costs|||||||||||2,360| |Commercial|trading||||operations|||||||| |Purchase costs||||||||||||| |||||||||||||2,360| |Expenditure||on charitable|||||activities|||||| |Operation|of|The||Centre||||||||| |Direct costs||||||||662,151|||1,022,570|| |In kind support||||||||115,221|||105,948|| |||||||||777,372|||1,128,518|| |Support costs||- page|||27|||128,909|||128,216|| |||||||||||906,281||1,256,734| |Other operating|||expenditure|||||||||| |Support costs||- page|||27||||1,729||33,451|| |Governance|costs|||-|page|27|||6,100||4,750|| |||||||||||7,829||38,201| |||||||||||914,110||1,294,935| ## |||||2021|2020| |---|---|---|---|---|---| |Support
and governance||costs|||| |Support costs|||||| |Operation
ofThe Centre||||128,909|128,216| |Other operating|costs - management||costs||9,600| |Other operating|costs - finance|||1,729|23,851| |||||130,638|161,667| |Governance
costs|||||| |Professional/financial|||||| |Accountancy/other||||1,500|1,500| |Audit||||4,600|3,250| |||||6,100|4,750| ## |||||(Limited
by Guarantee)|(Limited
by Guarantee)|||| |---|---|---|---|---|---|---|---|---| |||||Balance Sheet||||| |||||31 March|2021|||| ||||||2021||2020|| ||||Notes|||||| |Fixed assets||||||||| |Tangible assets|||||1,276,512|||367,907| |Current assets||||||||| |Stocks|||9|||3,618||| |Debtors|||10|96595||51,248||| |Cash at bank|and|in hand||609,346||218,325||| |||||705,941||273,191||| |Liabilities||||||||| |Creditors: amounts||falling||||||| |due within one year|||11|(376,905)||(97,078)||| |Net current|assets||||329,036|||176,113| |Total assets|less|current||||||| |liabilities|||||1,605,548|||544,020| |The funds
of the||charity||||||| |Unrestricted|funds||14|||||| |-General fund|||||332,121|||205,009| |- Designated|funds||||80,000|||15,000| ||||||412,121|||220,009| |Restricted funds|||15||1,193,427|||324,011| |Total charity|funds||||1,605,548|||544,020| ## |||||2021|2020| |---|---|---|---|---|---| ||||Notes||| |Cash flows from operating|activities||20|1,301,026|(56,508)| |Cash flows from investing|activities:||||| |Dividends,
interest and rents from investments||||61|646| |Purchase ofproperty,
plant|and equipment|||(910,066)|(99,020)| |Net cash provided
by investment
activities||||(910,005)|(98,374)| |Change
in cash and cash equivalents
in the||reporting|period|391,021|(154,882)| |Cash and cash equivalents|at the beginning|ofthe reporting|||| |period||||218,325|373,207| |Cash and cash equivalents|at the end of|the reporting|||| |period||||609,346|218,325| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Net income/(expenditure)|for the year is|2021|2020| |---|---|---|---| |stated
after charging:|||| |Depreciation
oftangible|fixed assets|1,461|1,461| |Auditors'
remuneration|||| |-external
audit||4,600|3,250| |-other services||1,500|1,500| ## ||2021| |---|---| |Artistic Director Salary|55,244| |Artistic Director Pension|395| |Executive Director Salary|53,910| |Executive Director Pension|1,617| ## ## ## |Staff costs and numbers|2021|2020| |---|---|---| ||F|| |Staff costs||| |Salaries and wages|406,410|489,689| |Social security costs|29,000|36,620| |Pension costs|8,530|10,263| ||443,940|536,572| ## ## ## ## ## ## ## |Fixed assets - tangible assets|Property|Fixtures/|| |---|---|---|---| ||development|fittings/|Total| ||costs|equipment|| |Cost|||| |1 April 2020|363,524|88,119|451,643| |Additions|910,066||910,066| |31 March 2021|1,273,590|88,119|1,361,709| |Depreciation|||| |1 April 2020||83,736|83,736| |Charge for year||1,461|1,461| |31 March 2021||85,197|85,197| |Net book values|||| |31 March 2021|1,273,590|2,922|1,276,512| |31 March 2020|363,524|4,383|367,907| |||||| |---|---|---|---|---| |9.|Stoc ks||2021|2020| ||Stocks|||3,618| |10.|Debtors||2021|2020| ||Trade debtors||23,029|1,746| ||Other debtors||47,623|44,155| ||Prepayments|and accrued income|25,943|5,347| ||||96,595|51,248| ## ## |11.|Creditors: amounts|falling|due|2021|2020| |---|---|---|---|---|---| ||within
one year||||E| ||Trade creditors|||288,720|32,581| ||Other taxation/social|security|||8,933| ||Other creditors|||15,311|22,755| ||Accruals|||7,152|13,115| ||Deferred income (note 12)|||65,722|19,694| |||||376,905|97,078| |12.|Deferred|income|||| |---|---|---|---|---|---| ||Balance|at 1 April|2020||19,694| ||Amount|released|to incoming|resources|(19,694)| ||Amount|deferred|in the year||65,722| ||Balance|at 31 March 2021|||65,722| ## ## ## |14.|Unrestricted
funds|Unrestricted
funds|Brought|Incoming|Outgoing|Transfers|Carried| |---|---|---|---|---|---|---|---| ||||forward|resources|resources||forward| ||General|fund|205,009|811,229|(619,117)|(65,000)|332,121| ||Designated
funds:||||||| ||Capital|development|15,000||||15,000| ||Impact|Assessment||||30,000|30,000| ||Building|repairs/maintenance||||10,000|10,000| ||Hire liability|||||25,000|25,000| ||||220,009|811,229|(619,117)||412,121| ## ## ## ## ## ## |15.|Restricted|funds|Brought|Incoming|Outgoing|Carried| |---|---|---|---|---|---|---| ||||forward|resources|resources|forward| |||||F||| ||Development
fund||307,714|874,415||1,182,129| ||Creative
Learning||16,297|123,401|(136,172)|3,526| ||HMRC Job|Retention Scheme||130,302|(130,302)|| ||Christmas|Lunch||36,291|(28,519)|7,772| ||||324,011|1,164,409|(294,993)|1,193,427| ## ## ## ## |16.|Analysis
of net assets between|funds||||| |---|---|---|---|---|---|---| ||||General|Designated|Restricted|Total| ||||funds|funds|funds|| ||Fund balances at 31 March 2021|||||| ||are represented
by:|||||| ||Tangible fixed assets||94,383||1,182,129|1,276,512| ||Net current assets||237,738|80,000|11,298|329,036| ||||332,121|80,000|1,193,427|1,605,548| ## ## ## |At 31 March 2021 the company
had future
minimum
leases, with payments
falling due as follows:|lease payments
under non-cancellabl|e
operati| |---|---|---| ||2021|2020| |Due:||| |Within one year|23,000|| |Between one and five years|92,000|| |In over five years|451,375|| ||566,375|| ## ## ## |20.|Reconciliation
of net income/(expenditure)|Reconciliation
of net income/(expenditure)|Reconciliation
of net income/(expenditure)|to net cashf low from operating
activities|| |---|---|---|---|---|---| |||||2021|2020| ||Net
income/(expenditure)
for||the|1,061,528|(29,415)| ||reporting
period|(as
per|the||| ||statement
offinancial|activities)|||| ||Depreciation|||1,461|1,461| ||Dividends,
interest and rents from investments|||(«)|(646)| ||Decrease
in stocks|||3,618|(191)| ||(Increase)/decrease|in debtors||(45,347)|(8,767)| ||Increase/(decrease)|in creditors||279,827|(18,950)| ||Net cash inflow from operating||activities|1,301,026|(56,508)| ## ||||||2021|||2020|| |---|---|---|---|---|---|---|---|---|---| |Charitable
activities costs|||analysis||||||| |Production
costs|||||||||| |Staff and salary costs||||446,387|||523,658||| |Freelance fees|||||||28,283||| |Theatre and creative learning||||153,609|||385,826||| |Barcosts ofsale||||4,593|||20,955||| |Advertising
and marketing||||34,538|||37,169||| |Office consumables||||89|||1,052||| |Sundries||||1,293|||4,134||| |Irrecoverable
VAT||||21,642|||21,493||| |||||||662,151|||1,022,570| |Cost equivalent
of support|||in kind||||||| |In kind support - Artists|in|residence||55,010|||45,000||| |In kind support - Emerging||companies||25,000|||30,000||| |In kind support - Transmission|||||||18,252||| |In kind support - Classes and|||courses|11,935|||12,696||| |In kind support - Christmas||Day||23,276|||||| |||||||115,221|||105,948| |||||||777,372|||1,128,518| |Support
and governance||costs|||||||| |Operation
of The Centre|||||||||| |Office consumables||||1,156|||7,081||| |Rent equivalent
ofdonated||facilities||78,818|||78,821||| |Premises expenses||||39,812|||35,773||| |Sundries||||213|||5,080||| |Depreciation
offixtures/fittings/equipment||||1,461|||1,461||| |||||||121,460|||128,216| |Management|||||||||| |Management
costs|||||||9,600||| ||||||||||9,600| |Finance|||||||||| |Legal/professional||||7,449|||||| |Bank charges||||229|||173||| |Freelance fees - finance||||1,500|||23,678||| |||||||9,178|||23,851| |Governance
costs||||||130,638|||161,667| |Accountancy/other||||1,500|||1,500||| |Audit||||4,600|||3,250||| |||||||6,100|||4,750| |||||||914,110|||1,294,935|