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||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|5|
|Independent<br>Examiner's|Report||||
|Statement<br>ofFinancial Activities|||||
|Balance Sheet||8|to|9|
|Cash Flow Statement|||10||
|Notes to the Cash Flow|Statement||||
|Notes to the Financial Statements||12|to|23|
|Detailed Statement ofFinancial Activities||24|to|25|





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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||Umestricted|Restricted|Total|Total|
|||||funds|fmlds|funds|funds|
||||Notes||||6|
|INCOME|AND ENDOWMENTS FROM|||||||
|Donations|and legacies|||37,873|822895|860,868|470,910|
|Charitable|activities|||||||
|Productions|and trips|||15,929||15+29|74,836|
|Community|Projects|||875||875|5,975|
|Other trading activities||||5/88||5,5SS|10,326|
|Inveslment|income|||232||232|284|
|Other income||||48/09||48,509||
|Total||||109,006|822/95|932,001|562,331|
|EXPENDITURE ON||||||||
|Raising funds||||1,644||1,644|1,633|
|Charitable|activities|||||||
|Productions|and trips|||63,315||63,315|127,165|
|Restoration|ofSpencer's Mifl|||29,413||29,413|9,576|
|Community|Projects|||3/86|10,464|13,750|20,860|
|||||11,107|14g50|26,057|20,459|
|Total||||108,765|25,414|134,179|179,693|
|NET INCOME||||241|797,581|797,822|382,638|
|Transfers|between<br>funds||18|15,813|(I5,813)|||
|Net movement<br>in funds||||16,054|781,768|797,822|382,638|
|RECONCILIATION||OFFUNDS||||||
|Total funds brought||forward||139/62|807,949|947/11|565/73|
|TOTAL FUNDS CARRIED FORWARD||||156,016|L589,717|1,745,733|947,911|





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|||||2020|2019|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|fimds|
||Notes|6||||
|FIXEDASSETS||||||
|Tangible assets|12|181)113|1,165,469|1,347,382|475,763|
|Investments|13||||I|
|||1glg14|1,165,469|1,347483|475,764|
|CURRENT ASSETS||||||
|Debtors|14|47,061||47,061|11,951|
|Prepayments<br>and accrued income||5,193||5,193|10,177|
|Cash m hand||382/87|424/48|806,535|904/05|
|||434)541|424448|858,789|926,333|
|CREDITORS||||||
|Amounts<br>falling due withm one year|15|(175,164)||(175,164)|(32,853)|
|NET CURRENT ASSETS||259,377|424448|683,625|893,480|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||441/91|1,589,717|2,031,008|1,369/44|
|CREDITORS||||||
|Amounts<br>falling due after more than one year|16|(285/75)||(285/75)|(421,333)|
|NET ASSETS||156,016|1489)717|1,745,733|947,911|
|FUNDS|18|||||
|Umestricted<br>fimds||||156,016|139,962|
|Restricted funds||||1,589,717|807,949|
|TOTAL FUNDS||||1,745,733|947811|





## 

|||||2020|2019|
|---|---|---|---|---|---|
||||Notes|||
|Cash flows from operating||activities||||
|Cash generated fiom operations||||959@27|409,450|
|Interest paid||||(14403)|(10,168)|
|Net cash provided<br>by operating<br>activities||||945,124|399482|
|Cash flows from investing||activities||||
|Purchase oftangible fixed|assets|||(893,481)|(113,367)|
|Interest received||||232|284|
|Net cash used m investing|activities|||(893449)|(113,083)|
|Cash flows from financing||activities||||
|New loans m year|||||300,000|
|Loan repayments<br>in year||||(149,545)|(3778)|
|Net cash (used in)/provided||by financing|activities|(149,545)|296,722|
|Change<br>in cash and cash||equivalents|in|||
|the reporting<br>period||||(97,670)|582,921|
|Cash and cash equivalents||at the||||
|beginning<br>ofthe reporting||period||904/05|321@84|
|Cash and cash equivalents||at the end|of|||
|the reporting<br>period||||806,535|904/05|





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## 

|RECONCILIATION|RECONCILIATION|OFNET INCOME TONET CASH FLOW FROM|OFNET INCOME TONET CASH FLOW FROM|OPERATINGA~S|OPERATINGA~S|
|---|---|---|---|---|---|
|||||2020|2019|
|Net income|for the reporting||period (as per the Statement ofFinancial|||
|Activities)||||797,822|382,638|
|Adjustments|for:|||||
|Depreciation|charges|||21,862|22,638|
|Interest received||||(232)|(284)|
|Interest paid||||14/03|10,168|
|Increase in debtors||||(30,676)|(5482)|
|Increase/(decrease)<br>in||creditors||156448|(428)|
|Net cash provided<br>by||operations||959@27|409,450|
|ANALYSIS|OF CHANGES IN NET FUNDS|||||
||||At 1/I/20|Cash flow|At 31/12/20|
|Net cash||||||
|Cash at bank|and in hand||904,205|(97,670)|806,535|
||||904405|(97,670)|806,535|
|Debt||||||
|Debts falling|due withm I year||(21,655)|14,055|(7,600)|
|Debts falling|due after|I year|(421,333)|136,058|(285275)|
||||(442888)|150,113|(292,875)|
|Total|||461,217|52,443|513,660|





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|DONATION|S<br>AND LE|GACIES|||||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||Unrestricted|Restricted|Total|Total|
||||funds|fimds|funds|fuuds|
|Donations|||19,781|146,100|165,881|38,270|
|Grants||||676,895|676,895|412,670|
|Membership|and show fees||7&101||7,101|8,971|
|Theatre Tax|relief||10,991||10)991|10,999|
||||37,873|822~5|860,868|470,910|
|Grants received, included||in the above, are as follows:|||||
||||||2020|2019|
||||||676)895|412,670|



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## 

||||||2020|2019|
|---|---|---|---|---|---|---|
||||Unrestncted|Restricted|Total|Total|
||||fimds|funds|funds|fimds|
||||||f||
|Fundraising|events||I/88||1,588|7,690|
|Letting of|charitable|property|3,000||3,000|2,636|
|Other mcome|||1,000||1,000||
||||5,588||5,588|10,326|
|INVESTMENT INCOME|||||||
||||||2020|2019|
||||Unrestricted|Restricted|Total|Total|
||||fimds|ftmds|funds|funds|
||||||f||
|Deposit account interest|||232||232|284|





## 

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## 

|INCOME|FROM CHARI|TABLE ACTI|VTITES|||
|---|---|---|---|---|---|
|||||2020|2019|
|||Activity||||
|Ticket and|Show Income|Productions|and trips|15,929|41,509|
|Trips, and|outmgs|Productions|and trips||33,327|
|Workshops|and classes|Community|Projects||5,975|
|||||16,804|80,811|



## 

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## 

|Raising don|ation|s<br>and legacies|||||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|Fund raising|expenses||105||105|1,633|
|Support costs|||1439||1+39||
||||1,644||1)644|1,633|
|CHARITABLE||ACTIVITIES COSTS|||||
||||||Support||
|||||Direct|costs (see||
|||||Costs|note 8)|Totals|
|Productions|and|trips||28,128|35,187|63,315|
|Restoration|ofSpencer's Mill|||14,866|14,547|29,413|
|Community|Projects|||13,411|339|13,750|
|||||56,405|50,073|106,478|
|SUPPORT|COSTS||||||
||||||Governance||
||||Management|Finance|costs|Totals|
|Raising donations||and legacies||1439||1439|
|Other resources expended|||22,466|244|3@47|26,057|
|Productions|and|trips|18,444|12,074|4)669|35,187|
|Restoration|ofSpencer's Mill||8)664|5,630|253|14,547|
|Community|Projects||339|||339|
||||49/13|19)487|8/69|77,669|



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|||||2020|2019|
|---|---|---|---|---|---|
|||||E|5|
|Depreciation|-|owned|assets|21,862|22,638|



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|STAFF COSTS|||||
|---|---|---|---|---|
||||2020|2019|
|Wages and salaries|||24,013|27259|
|Social security costs|||444||
||||24,457|27@59|
|The average monthly|number ofemployees|during the year was as follows:|||
||||2020|2019|
|Engaged on charitable|activities||1|1|





## 

## 

|12.|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|---|
|||Freehold|Plant tb|Plant 8?||
|||land and|machinery|machmery||
|||buildings|-centre|-trading|Totals|
||COST|||||
||At I January 2020|606&442|21,423|3,895|631,760|
||Additions|893,481|||893,481|
||Disposals||(7&319)|(2,876)|(I0,195)|
||At 31December 2020|1,499~3|14,104|1,019|1,515,046|
||DEPRECIATION|||||
||At 1 January 2020|135,412|16,690|3,895|155&197|
||Charge for year|19,768|2,094||21,862|
||Eliminated<br>on disposal||(7@19)|(2,876)|(10,195)|
||At 31December 2020|155,180|11&465|1,019|167,664|
||NET BOOK VALUE|||||
||At 31December 2020|1444&743|2,639||1,347@82|
||At31 December 2019|471,030|4,733||475,763|
|13.|FIXEDASSETINVESTMENTS|||||
||||||Shares m|
||||||group|
||||||undertakings|
||MARKET VALUE|||||
||At 1 January 2020 and 31December 2020|||||
||NET BOOK VALUE|||||
||At 31December 2020|||||
||At 31December 2019|||||






## 

|14.|DEBTORS:AMOUNTS FALLING DUE~ONE YEAR|||
|---|---|---|---|
|||2020|2019|
||Amounts<br>owed by group undertakmgs||550|
||Other debtors|4&101|2,471|
||VAT|42,960|8,930|
|||47,061|11,951|
|15.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|||2020|2019|
||Other loans (see note 17)|7,600|21,655|
||Trade creditors|159@12|3,095|
||Amounts<br>owed to group undertaldngs|18||
||Social security and other taxes|188|263|
||Other creditors|71||
||Accruals and deferred income|7,975|7,840|
|||175,164|32,853|
|16.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR|||
|||2020|2019|
||Other loans (see note 17)|285475|421,333|
|17.|LOANS|||
||An analysis ofthe maturity ofloans is given below:|||
|||2020|2019|
||||f.|
||Amounts<br>falling due withm one year on demand:|||
||Other loans|7,600|21,655|
||Amounts<br>fauing due in more than five years:|||
||Repayable by instalments:|||
||Other loans more Syrs instal|285475|421,333|





## 

## 


|MOVEMENT IN FUNDS|MOVEMENT IN FUNDS||||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At I/I/20|in funds|fimds|31/12/20|
|||||f,|||
|Unrestricted<br>funds|||||||
|General fimd|||86,685|7,710|(1,800)|92,595|
|Emergency<br>Operating|Fund -|Designated|50,000|||50,000|
|Youth Theatre - Designated||||(1,800)|1,800||
|MH Project - Designated|||3477|(19,090)|15,813||
|Arts Council Covid grant - designated||||2,000||2,000|
|Power to change Covid grant||- designated||11,421||11,421|
||||139,962||15,813|156,016|
|Restricted funds|||||||
|Edinburgh<br>Bursary Fund|||1,100|||1,100|
|Building Fund|||5,676|||5,676|
|Fixed Asset Fund|||193,078|(13,768)||179/10|
|MiH Project|||479,497|575,642|(909,043)|146,096|
|CLT Project|||3,505|||3,505|
|HLF Cmnbridgeshire|Village|Colleges|2,871|14,924||17,795|
|Nellie Tuk Tuk|||9,970|3/61||13,231|
|Mill Project - Fixed Asset Fund|||112452||893,480|1,005,732|
|Mill Project - CCC Grant||||217,522|(250)|217,272|
||||807,949|797,581|(15,813)|1489,717|
|TOTAL FUNDS|||947,911|797,822||1,745,733|
|Net movement<br>in funds, included m the above are as follows:|||||||
|||||Incoming|Resources|Movement|
|||||resources|expended|m fimds|
|||||f.|||
|Unrestricted<br>funds|||||||
|General fimd||||50,975|(43/65)|7,710|
|Youth Theatre - Designated||||19,008|(20,808)|(1,800)|
|Mill Project - Designated|||||(19,090)|(19,090)|
|Arts Council Covid grant - designated<br>Power to change Covid grant<br>—designated||||21,523<br>17~0|(19,523)<br>(6,079)|2,000<br>11,421|
|||||109,006|(108,765)|241|
|Restricted funds|||||||
|Fixed Asset Fund|||||(13,768)|(13,768)|
|MH Project||||575,667|(25)|575,642|
|HLF Cambridgeshire|Village|Colleges||26/00|(11/76)|14,924|
|NeHie Tuk Tuk||||3,600|(339)|3,261|
|MH Project - CCC Grant||||217+28|(6)|217,522|
|||||822,995|(25,414)|797,581|
|TOTAL FUNDS||||932,001|(134,179)|797,822|





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## 

|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1/1/19|in funds|fimds|31/12/19|
|||||||f,|
|Unrestricted|funds||||||
|General fund|||96,036|(12,651)|3,300|86,685|
|Emergency<br>Operating||Fund - Designated|50,000|||50,000|
|Youth Theatre|- Designated|||(1,521)|1,521||
|Adult Theatre|—Designated|||5,914|(5,914)||
|Mill Project -|Designated||50,000|(10,176)|(36,547)|3477|
||||196,036|(18,434)|(37,640)|139,962|
|Restricted funds|||||||
|Edinburgh<br>Bursary Fund||||1,100||1,100|
|Buildmg Fund|||5,676|||5,676|
|Fixed Asset Fund|||206,846|(13,768)||193,078|
|MiH Project|||130,572|424,630|(75,705)|479,497|
|CLTProject|||3,505|||3,505|
|HLF Cambridgeshire||Village Colleges|18,638|(15,767)||2,871|
|High Sherriff|||4,000|(5,093)|1,093||
|Nellie Tuk Tuk||||9,970||9,970|
|Mill Project -|Fixed Asset Fund||||112452|112/52|
||||369,237|401,072|37,640|807,949|
|TOTAL FUNDS|||565/73|382,638||947,911|





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## 

||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
|Unrestricted|funds|||||
|General fimd|||40,072|(52,723)|(12,651)|
|Youth Theatre|—Designated||65,112|(66,633)|(1,521)|
|Adult Theatre|- Designated||19,547|(13,633)|5,914|
|Mill Project -|Designated||1,000|(11,176)|(10,176)|
||||125,731|(144,165)|(18,434)|
|Restricted funds||||||
|Edmburgh<br>Bursary||Fund|2,000|(900)|1,100|
|Fixed Asset Fund||||(13,768)|(13,768)|
|Mill Project|||424,630||424,630|
|HLF Cambridgeshire||Village Colleges||(15,767)|(15,767)|
|Kgh Sherriff||||(5,093)|(5,093)|
|Nellie Tuk Tuk|||9,970||9,970|
||||436,600|(35,528)|401,072|
|TOTAL FUNDS|||562,331|(179,693)|382,638|





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## 

||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1/1/19|in funds|funds|31/12/20|
|Unrestricted<br>funds||||||
|General fimd||96,036|(4,941)|1,500|92,595|
|Emergency<br>Operating|Fund - Designated|50,000|||50,000|
|Youth Theatre - Designated|||(3,321)|3,321||
|Adult Theatre - Designated|||5,914|(5,914)||
|Mill Project - Designated||50,000|(29466)|(20,734)||
|Ats Council Covid grant - designated|||2,000||2,000|
|Power to change Covid grant - designated|||11,421||11,421|
|||196,036|(18,193)|(21,827)|156,016|
|Restricted funds||||||
|Edinburgh<br>Bursary Ftmd|||1,100||1,100|
|Building Fund||5,676|||5,676|
|Fixed Asset Fund||206,846|(27,536)||179,310|
|Mill Project||130,572|1,000/72|(984,748)|146,096|
|CLTProject||3,505|||3,505|
|HLF Cambridgeshire|Village Colleges|18,638|(843)||17,795|
|High Sherriff||4,000|(5,093)|1,093||
|Nellie Tuk Tuk|||13/31||13,231|
|Mill Project - Fixed Asset Fund||||1,005,732|1,005,732|
|Mill Project - CCC Grant|||217,522|(250)|217,272|
|||369437|1,198,653|21,827|1,589,717|
|TOTAL FUNDS||565473|1,180,460||1,745,733|





## 

## 

|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted<br>funds|||||
|General fund||91,047|(95,988)|(4,941)|
|Youth Theatre - Designated||84,120|(87,441)|(3,321)|
|Adult Theatre - Designated||19,547|(13,633)|5,914|
|Mill Project - Designated||1,000|(30,266)|(29466)|
|Arts Council Covid|grant - designated|21,523|(19,523)|2,000|
|Power to change Covid grant - designated||17,500|(6,079)|11,421|
|||234,737|(252,930)|(18,193)|
|Restricted<br>funds|||||
|Edmburgh<br>Bursary|Fund|2,000|(900)|1,100|
|Fixed Asset Fund|||(27,536)|(27,536)|
|Mill Project||1,000497|(25)|1,000,272|
|HLF Cambridgeshire|Village Colleges|26,200|(27,043)|(843)|
|High Sherriff|||(5,093)|(5,093)|
|Nellie Tuk Tuk||13,570|(339)|13/31|
|Mill Project - CCC|Grant|217,528|(6)|217,522|
|||1459,595|(60,942)|1,198,653|
|TOTAL FUNDS||1,494,332|(313,872)|1,180,460|



## 

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## 

## 

|||2020|2019|
|---|---|---|---|
|INCOME AND ENDOWMENTS||||
|Donations<br>and legacies||||
|Donations||165,881|38,270|
|Grants||676,895|412,670|
|Membership<br>and show fees||7,101|8,971|
|Theatre Taxrelief||10/91|10,999|
|||860,868|470,910|
|Other trading<br>activities||||
|Fundraising<br>events||1,588|7,690|
|Letting ofcharitable|property|3,000|2,636|
|Other income||1,000||
|||5,588|10,326|
|Investment<br>income||||
|Deposit account interest||232|284|
|Charitable<br>activities||||
|Ticket and Show Income||15,929|41,509|
|Workshops<br>and classes||875|5,975|
|Trips, and outings|||33,327|
|||16,804|80,811|
|Other income||||
|Covid Grant||48,509||
|Total incoming<br>resources||932,001|562,331|
|Raising donations|and legacies|||
|Ftmd raising expenses||105|1,633|
|Charitable<br>activities||||
|Wages||24,013|27259|
|Social security||444||
|Productions<br>costs||22,430|50/41|
|Publicity||5,014|3,015|
|Sundries||828|1,041|
|Award Night Costs|||1,864|
|Travel and Subsistence||40|854|
|Cerned forward||52,769|84/74|





## 

## 

|||||2020|2019|
|---|---|---|---|---|---|
|Charitable<br>activities||||||
|Brought forward||||52,769|84@74|
|Trips and activities|||||29,097|
|Subscription|||||1,814|
|Workshops||||3,636|5,935|
|||||56,405|121,120|
|Support costs||||||
|Management||||||
|Rent, rates and water||||3,557|338|
|Insurance||||4/08|2,870|
|Light and heat||||2&308|1,938|
|Telephone||||1,117|1,570|
|Postage and stationery||||591|391|
|Sundries||||349|788|
|Website domam||and upkeep||570|731|
|Repairs and renewals||||547|809|
|Cleaning<br>and|licencing|||180|245|
|Tralrurlg|||||150|
|Costs ofNorthfield|||Unit|1200|3,900|
|Professional|fees|||13,424|52|
|Depreciation||||21,862|22,638|
|||||49/13|36,420|
|Finance||||||
|Bank charges||||2 tt34|154|
|Loan||||14/03|10,]68|
|Non recoverable||VAT||2450|4,681|
|||||19,487|15,003|
|Governance|costs|||||
|Independent|Examiner Fee|||1,800|1,400|
|Accountancy|fees|||6,469|4,117|
|||||8,269|5,517|
|Total resources|expended|||134,179|179,693|
|Net income||||797,822|382,638|