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2022-03-31-accounts

Trustees' Annual Report 1 - 5
Chairperson's Report 6
Independent Auditor's Report to the Members 7-8
Statement of Financial Activities 9
Balance Sheet 10
Statement of Cash Flows 11
Notes to the Accounts 12 - 19

Note
Incoming resources
Incoming resources from generating funds:
Voluntary income
3
Investment income
4
Incoming resources from charitable activities
5
Total incoming resources
Resources expended
Costs of generating funds:
Costs of generating voluntary income
6
Costs of activities for generating funds
7
Charitable activities
8
Total resources expended
Net income before tax
Tax credit receivable
9
Net income/(expenditure)
Transfers between
18
Net movement of funds in year
Total funds brought forward
Total funds carried forward
18
Total
Un restricted
Restricted
funds
funds
funds
2022
£
£
£
73,204
206,928
280,132
3
-
3
203,222
49,730
252,952
276,429
256,658
533,087
22,143
-
22,143
24,441
24,441
352,809
193,470
546,279
399,393
193,470
592,863
(122,964)
63,188
(59,776)
46,487
-
46,487
(76,477)
63,188
(13,289)
63,188
(63,188)
(13,289)
-
(13,289)
139,447
-
139,447
126,158
-
126,158
Total
Un restricted
Restricted
funds
funds
funds
2021
£
£
£
145,170
-
145,170
52
-
52
308,443
115,564
424,007
453,665
115,564
569,229
16,226
-
16,226
17,099
-
17,099
412,404
115,564
527,968
445,729
115,564
561,293
7,936
-
7,936
1,894
-
1,894
9,830
-
9,830
9,830
-
9,830
129,617
-
129,617
--
139,447
-
139,447

Balance Sheet
Fixed Assets
Tangible assets
Current Assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due
14
15
within one year
16
Net Current Assets
Total assets less current liabilities
Creditors: amounts falling due
after more than one year
17
Net assets
Funds
Unrestricted funds
Restricted funds
Total funds
18
18
31st March 2022
£
72,668
102,073
174,741
(51,590)
2022
£
5,199
123,151
128,350
(2,192)
126,158
126,158
126,158
£
115,907
96,225
212,132
(75,605)
2021
£
6,361
136,527
142,888
(3,441)
139,447
139,447
139,447

(Decrease)/increase in funds
Depreciation charge
Decrease in debtors
Decrease in creditors
Interest received
Net cash flow from operating activities
Cash flow statement
Net cash flow from operating activities
Cash flows from investing activities
Interest received
Cash provided by investing activities
Cash flows from financing activities
Repayment of borrowing
Cash used in financing activities
Increase in cash
Movement in cash
Net cash at 1st April 2021
Net cash at 31st March 2022
2022
£
(13,289)
1,162
43,239
(24,015)
(3)
7,094
7,094
3
3
{1,249)
(1,249)
5,848
2021
£
9,830
1,553
2,459
(7,296)
(52)
6,494
6,494
52
52
{3,611)
(3,611)
2,935
2,935
93,290
96,225
5,848
96,225
102,073

Total
Unrestricted Restricted
funds
funds
funds
2022
£
£
£
Donations
20,754
20,150
Sponsorship
8,000
8,000
Grants -
General
206,928
206,928
-
Government grants receivable
44,450
44,450
73,204
206,928
280,132
Total
funds
2021
£
92,763
8,000
25,000
19,407
145,170

Unrestricted Restricted
funds
funds
£
£
Bank interest receivable
3
Income from charitable activities
Unrestricted Restricted
funds
funds
£
£
Show income - non-educational
88,538
49,730
Education income
106,258
Friends scheme - opening deferred
- in year
8,426
203,222
49,730
Total
Total
funds
2022
£
3
Total
funds
2022
£
138,268
106,258
8,426
252,952
funds
2021
£
52
Total
funds
2021
£
328,256
84,598
11,153
424,007

Unrestricted Restricted
funds
funds
£
£
Support costs (see note 11)
22,143
22,143
Total
funds
2022
£
22,143
22,143
Total
funds
2021
£
16,226
16,226

Costs of activities for raising funds
Total Total
Unrestricted Restricted funds funds
funds funds 2022 2021
£ £ £ £
Front of House - other 2,271 2,271
Fundraising costs 27 27 873
Support costs (see note 11) 22,143 22,143 16,226
24,441 24,441 17,099

Unrestricted
funds
£
Wages and salaries - production
13,344
Education - workshop leaders
18,054
Education costs
15,372
Production costs
94,205
Marketing and advertising
52,989
Credit card charges
10,687
Support costs (see note 11)
148,158
352,809
Restricted
funds
£
143,965
20,520
28,985
193,470
Total
funds
2022
£
157,309
18,054
15,372
114,725
52,989
10,687
177,143
546,279
Total
funds
2021
£
140,980
5,910
9,821
211,117
18,937
11,401
129,802
527,968

2022
£
46,487
46,487
2021
£
1,894
1,894

Support costs
Costs of
Costs of activities
generating for
voluntary generating Charitable Total Total
income funds activities 2022 2021
£ £ £ £ £
Wages and salaries - support 17,274 17,274 138,189 172,737 123,462
Other staff costs 230 230 1,835 2,295 600
Premises costs 814 814 6,511 8,139 10,356
Printing, postage and stationery 149 149 1,194 1,492 3,471
Other administration costs 518 518 4,141 5,177 3,855
Legal and professional fees 1,778 1,778 14,223 17,779 5,236
Audit and accountancy fees 1,238 1,238 9,906 12,382 12,240
Interest payable 17 17 140 174 139
Bank charges 9 9 74 92 1,342
Depreciation 116 116 930 1,162 1,553
22,143 22,143 177,143 221,429 162,254

Total Total
Unrestricted Restricted funds funds
funds funds 2022 2021
£ £ £ £
4,200 4,200 4,200

2022 2021
£ £
1,162 1,553
4,200 4,200
12,384 8,040

2022 2021
£ £
Wages and salaries 311,590 310,295
Social security costs net of employer rebate & SMP 9,802 8,378
Pension costs 3,528 3,379
324,920 322,052


follows:-
2022 2021
No. No.
Number of staff 11 7

Equipment
£
Cost
At 1st April 2021 20,609
At 31st March 2022 20,609
Depreciation
At 1st April 2021 14,248
Charge for the year 1,162
At 31st March 2022 15,410
Net book value
At 31st March 2022 5,199
At 31st March 2021 6,361

Debtors
Other debtors
Prepayments
Accrued income
Theatre Tax Relief claim
2022
£
21,704
4,477
46,487
72,668
2021
£
72,811
39,096
4,000
115,907

Creditors: amounts falling due within one year
2022 2021
£ £
Trade creditors 17,274 50,499
Accruals and deferred income 33,316 23,911
Other creditors 1,000 1,195
51,590 75,605

Creditors: amounts falling due after more than one year
2022 2021
£ £
Other long-term loans 2,192 3,441

General funds
Restricted funds
- Innovate
- Arts Council
Funds-2021
General funds
Restricted funds
- Innovate
Balance at
1st April
Incoming
Outgoing
Tax
2021
resources
resources
credit
£
£
£
£
139,447
276,429
(399,393)
46,487
49,730
(49,730)
206,928
(143,740)
256,658
(193,470)
139,447
533,087
(592,863)
46,487
Balance at
31st March
Transfers
2022
£
£
63,188
126,158
(63,188)
(63,188)
126,158
Balance at
1st April
Incoming
Outgoing
Tax
2020
resources
resources
credit
£
£
£
£
129,617
453,665
(445,729)
1,894
115,564
(115,564)
129,617
569,229
(561,293)
1,894
Balance at
31st March
Transfers
2021
£
£
139,447
139,447