| Page | |||||||
|---|---|---|---|---|---|---|---|
| Report ofthe | Trustees | I | to | 5 | |||
| Independent | Examiner's | Report | |||||
| Statement of | Financial | Activities | |||||
| Balance Sheet | 8 | to | 9 | ||||
| Notes to the | Financial | Statements | 10 | to | 14 | ||
| Detailed Statement of | Financial | Activities | 15 |
| 31.3.23 | 31.3.22 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| fund | funds | funds | funds | ||||||
| Notes | |||||||||
| INCOME | AND ENDOWMENTS | FROM | |||||||
| Donations | and legacies | 201,592 | 25,000 | 226,592 | 200,207 | ||||
| Investment | income | 2,495 | 2,495 | 1,813 | |||||
| Other income | 22,640 | 22,640 | |||||||
| Total | 226,727 | 25,000 | 251,727 | 202,020 | |||||
| EXPENDITURE | ON | ||||||||
| Charitable | activities | ||||||||
| Charity | 271,811 | 33,160 | 304,971 | 285,889 | |||||
| NET INCOME/(EXPENDITURE) | (45,084) | (8,160) | (53,244) | (83,869) | |||||
| Transfers | between | funds | 11 | 21,505 | (21,505) | ||||
| Net movement in |
funds | (23,579) | (29,665) | (53,244) | (83,869) | ||||
| RECONCILIATION | OF FUNDS | ||||||||
| Total funds | brought | forward | 186,717 | 243,304 | 430,021 | 513,890 | |||
| TOTAL FUNDS CARRIED FORWARD | 163,138 | 213,639 | 376,777 | 430,021 |
| 31.3.23 | 31.3.22 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 372 | 469,149 | 469,521 | 502,804 | ||
| CURRENT ASSETS | ||||||
| Debtors | 8 | 22,800 | 22,800 | 6,709 | ||
| Cash at bank and in hand | 153,817 | 119,490 | 273,307 | 331,984 | ||
| 176,617 | 119,490 | 296,107 | 338,693 | |||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 9 | (13,851) | (25,000) | (38,851) | (36,476) |
| NET CURRENT ASSETS | 162,766 | 94,490 | 257,256 | 302,217 | ||
| TOTAL ASSETS LESSCURRENT | ||||||
| LIABILITIES | 163,138 | 563,639 | 726,777 | 805,021 | ||
| CREDITORS | ||||||
| Amounts falling due after more than one year |
10 | (350,000) | (350,000) | (375,000) | ||
| NET ASSETS | 163,138 | 213,639 | 376,777 | 430,021 | ||
| FUNDS | ||||||
| Unrestricted funds |
163,138 | 186,717 | ||||
| Restricted funds |
213,639 | 243,304 | ||||
| TOTAL FUNDS | 376,777 | 430,021 |
| INVESTMENT INCOME | ||
|---|---|---|
| 31.3.23 | 31.3.22 | |
| Deposit account interest | 2,495 | 1,813 |
| NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated atter charging/(crediting): |
||
| 31.3.23 | 31.3.22 | |
| Auditors' remuneration for non audit work |
2,232 | 1,800 |
| Depreciation - owned assets |
33,283 | 33,324 |
| Surplus on disposal offixed assets |
(8,000) |
| The averag | e monthly number ofem |
ployees during the year was as f |
ollows: | ||
|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | ||||
| Employees | 4 | 3 | |||
| No employees received emoluments |
in excess of860,000. | ||||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | ||||
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| INCOME | ANI) ENDOWMENTS | FROM | |||
| Donations | and legacies | 175,207 | 25,000 | 200,207 | |
| Investment | income | 1,813 | 1,813 | ||
| Total | 177,020 | 25,000 | 202,020 | ||
| EXPENDITURE ON | |||||
| Charitable | activities | ||||
| Charity | 252,729 | 33,160 | 285,889 | ||
| NET INCOME/(EXPENDITURE) | (75,709) | (8,160) | (83,869) | ||
| Transfers | between funds |
261,678 | (261,678) | ||
| Net movement in funds |
185,969 | (269,838) | (83,869) |
| COMPARATIVES | FOR THE STATEMENT OF FINANCIAL | FOR THE STATEMENT OF FINANCIAL | FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | - continued | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| fund | funds | funds | |||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 748 | 513,142 | 513,890 | |||
| TOTAL FUNDS CARRIED FORWARD | 186,717 | 243,304 | 430,021 | ||||
| 7. | TANGIBLE FIXED ASSETS | ||||||
| Long | Plant and | Computer | |||||
| leasehold machinery |
equipment | Totals | |||||
| COST | |||||||
| At I April 2022 and |
31 March 2023 | 934,245 | 422,295 | 5,266 | 1,361,806 | ||
| DEPRECIATION | |||||||
| At I April 2022 |
435,983 | 417,756 | 5,263 | 859,002 | |||
| Charge for year | 31,142 | 2,141 | 33,283 | ||||
| At 31 March 2023 | 467,125 | 419,897 | 5,263 | 892,285 | |||
| NET BOOK VALUE | |||||||
| At 31 March 2023 | 467,120 | 2,398 | 3 | 469,521 | |||
| At 31 March 2022 | 498,262 | 4,539 | 3 | 502,804 | |||
| 8. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||
| 31.3.23 | 31.3.22 | ||||||
| Trade debtors | 160 | 840 | |||||
| Other debtors | 22,640 | ||||||
| Prepayments | 5,869 | ||||||
| 22,800 | 6,709 |
| 31.3.23 | 31.3.22 | |||||||
|---|---|---|---|---|---|---|---|---|
| Trade creditors | 10,991 | 6,075 | ||||||
| Accrued expenses | 2,860 | 5,401 | ||||||
| Deferred grants | 25,000 | 25,000 | ||||||
| 38,851 | 36,476 | |||||||
| 10. | CREDITORS: AMOUNTS | FALLING DUE AFTER MORE | THAN ONE | YEAR | ||||
| 31.3.23 | 31.3.22 | |||||||
| Deferred grants | 350,000 | 375,000 | ||||||
| 11. | MOVEMENT IN FUNDS |
|||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.4.22 | in funds | funds | 31.3.23 | |||||
| E | ||||||||
| Unrestricted funds |
||||||||
| General fund |
186,717 | (45,084) | 21,505 | 163,138 | ||||
| Restricted funds |
||||||||
| Contingeny fund |
102,000 | 102,000 | ||||||
| Building Maintenance | Reserve Fund | 8,539 | (5,128) | 3,411 | ||||
| Capital Replacement |
Fund | 4,047 | (2,018) | 2,029 | ||||
| Level Centre Fixed Asset Fund | 98,262 | (6,142) | 92,120 | |||||
| Sense Fund | 27,456 | (27,456) | ||||||
| Unlimited Residency |
Fund | 3,000 | (3,000) | |||||
| Big Give Fund | 6,079 | 6,079 | ||||||
| Signage Fund | 8,000 | 8,000 | ||||||
| 243,304 | (8,160) | (21,505) | 213,639 | |||||
| TOTAL FUNDS | 430,021 | (53,244) | 376,777 | |||||
| Net movement in funds, included |
in the above are as follows: | |||||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| Unrestricted funds |
||||||||
| General fund |
226,727 | (271,811) | (45,084) | |||||
| Restricted funds |
||||||||
| Capital Replacement |
Fund | (2,018) | (2,018) | |||||
| Level Centre Fixed Asset Fund | 25,000 | (31,142) | (6,142) | |||||
| 25,000 | (33,160) | (8,160) | ||||||
| TOTAL FUNDS | 251,727 | (304,971) | (53,244) |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1.4.21 | in funds | funds | 31.3.22 | |||
| Unrestricted funds |
||||||
| General fund |
748 | (75,709) | 261,678 | 186,717 | ||
| Restricted funds |
||||||
| Contingeny fund |
68,369 | 33,631 | 102,000 | |||
| Building Maintenance |
Reserve Fund | 13,837 | (5,298) | 8,539 | ||
| Capital Replacement | Fund | 159,298 | (2,018) | (153,233) | 4,047 | |
| Level Centre Fixed Asset Fund | 104,404 | (6,142) | 98,262 | |||
| Outreach fund |
76,500 | (76,500) | ||||
| R&D Fund | 66,734 | (66,734) | ||||
| Sense Fund | 24,000 | 3,456 | 27,456 | |||
| Unlimited Residency |
Fund | 3,000 | 3,000 | |||
| 513,142 | (8,160) | (261,678) | 243,304 | |||
| TOTAL FUNDS | 513,890 | (83,869) | 430,021 | |||
| Comparative net movement |
in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund |
177,020 | (252,729) | (75,709) | |||
| Restricted funds |
||||||
| Capital Replacement | Fund | (2,018) | (2,018) | |||
| Level Centre Fixed Asset Fund | 25,000 | (31,142) | (6,142) | |||
| 25,000 | (33,160) | (8,160) | ||||
| TOTAL FUNDS | 202,020 | (285,889) | (83,869) |
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | DETAILED STATEMENT OF FINANCIAL ACTIVITIES | |||||
|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31 March 2023 | ||||||
| 31.3.23 | 31.3.22 | |||||
| INCOME AND | ENDOWMENTS | |||||
| Donations and legacies |
||||||
| Donations | 18,102 | 2,784 | ||||
| Grants | 199,720 | 194,279 | ||||
| Fees | 8,770 | 3,144 | ||||
| 226,592 | 200,207 | |||||
| Investment income |
||||||
| Deposit account | interest | 2,495 | 1,813 | |||
| Other income | ||||||
| Theatre tax credit | 22,640 | |||||
| Total incoming | resources | 251,727 | 202,020 | |||
| EXPENDITURE | ||||||
| Charitable activities |
||||||
| Wages | 119,975 | 85,805 | ||||
| Pensions | 2,646 | 1,222 | ||||
| Fees | 82,908 | 46,569 | ||||
| Materials | 8,428 | 4,283 | ||||
| Transport and travel |
6,901 | 2,209 | ||||
| Publicity and docs |
8,736 | 3,502 | ||||
| Equipment repair |
13,934 | 11,084 | ||||
| Telecoms and IT | 1,492 | 1,398 | ||||
| 245,020 | 156,072 | |||||
| Support costs | ||||||
| Governance costs |
||||||
| Auditors' remuneration |
for non audit | work | 2,232 | 1,800 | ||
| Insurance | 3,997 | 3,581 | ||||
| Light and heat | 4,596 | 4,287 | ||||
| Telephone | 1,286 | 1,391 | ||||
| Postage and stationery | 257 | 317 | ||||
| Legal fees | 3,487 | 12,103 | ||||
| Fees | 14,609 | 68,274 | ||||
| Training | 719 | 592 | ||||
| General | 3,485 | 4,148 | ||||
| Depreciation oftangible | fixed assets | 33,283 | 33,324 | |||
| Loss on sale of | intangible | fixed assets | (8,000) | |||
| 59,951 | 129,817 | |||||
| Total resources expended | 304,971 | 285,889 | ||||
| Net expenditure | (53,244) | (83,869) |