## ## |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| ##