2021-03-31-accounts

					page
Report ofthe	Trustees			1	to	3
lndepeadcnt	Examiner's		Report
Statement of	Financial	Activities
Balance Sheet				6	lo	7
ftotcs to the I'inancial		Statcrncnis		8	to	I2

			for	the Year	Ended 31 March	2021
							31.3.21	31.3.20
					, Umestricted	Restricted	Total	Total
					funds	Rnds	Funds	funds
				Noise	f			f
INCOIYIE AND ENDOWMENTS		FROM
Donations and legames					5,816	12	5,828	10,939
Charitable activities
Ticlcet sales, hire fees	snd other theaue		income		20,133	21,928	42,061	195,854
Grants and sponsorship					86,300		86,300	68,500
Other trading activities								33,641
Investment income					201		208	771
Other income					105,759		105,759	9,342
Total					218,209	21,947	240,156	319,047
EXPENDITURE ON
Raising flmds					18,161		21,383	135,095
Charitable activities
Tidiet sales, hire fees	and other theatre		income		167,306	6,612	173,918	170,922
Total					185,467	9,834	195,301	306,017
NFT INCOME					32,742	12,113	44,855	13,030
RECONCILIATIOhi	OF FUNDS
Total funds brought	forward				176.546	25,704	202,250	189,220
TOTAL FUNDS CARRIED FORWARD					209,288	37,817	247,105	20? 250

				31	March 2021
							31.3.2 I	31.3.20
					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
				Notes	f	f	f
FIXEDASSETS
Tangible asseis					31,710	278	31,988	18,586
CURREiVT ASSETS
Stocks					633		633	633
Debtors					7,785	450	8,235	i0,690
Cash at bank and		in hand			183,424	37,089	220,513	233,197
					191,842	37,539	229,381	244,520
CREDITORS
Amounts fallmg	due within		one year	10	(14,264)		(14,264)	(60,856)
NET CURRENT		ASSETS			177,578	37,539	215,117	183,664
TOTAL ASSETS LESS CLIRRENT				LIABILITIES	209,288	37,817	247,105	202,250
NET ASSETS					209,288	37,817	247,105	202,250
FUNDS
Unrestricied funds:
General fund							117,288	iI06,546
Redundancy lund							62,000	70,000
Refurbishment	lund						30,000
							209,288	176,546
Resirictcd funds							37,817	25,704
TOTAL FUNDS							247,105	202,250

2.	OTHER TRADING		A	CTtVITI	ES
													31 3.21		31.3.20
															f
	Bar and catering														33,641
3.	INVESTMENT INCOME
													31.3.21		31.3.20
													f.		f
	Deposit account interest												208		771
4.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)			is stated	alter charging/(crediting);
													31.3.21		31.3.20
	Deprcc ladon - avmed assets Hire ofplant and machinery												2,764 3,059		1,604 3,927
5.	TRUSTEES' REMUNERATION				AND BENEFITS
	There were na tmstees'			remuneration or		other	bcneftts	tbr	the year	ended	31	triarch	2021 nar	for the	year en
	31 March 2020.
	Trustees' expenses
	There werc no trustees'			expenses	paid for the year		ended 31 March 2021 nor for				the year endwl 31 March 2020.
6.	STAFI' COSTS
	7he average monthly	number ofemployees				during	the year was		as lbllows.
													31.3.21		31.3.20
	Employees												5		5
	iNo employees received		emaluments		in excess off60000.
7.	TANGIBLE FIXED	ASSETS
													Fixtures
										Plant	and		and
										machinery f			fittings f		Totals f
	COST
	At I April 2020									78,954			58,099		137,053
	Additions									16,166					16,166
	At 31 triarch 2021									95,120			58,099		153,219
	DEPRECIATION
	At I April 2020									71,269			47,198		118,467
	Charge for year									1,153			1,611		2,764
	At 31 lvlarch 2021									72,422					121,231
	NET BOOK VALUE.
	At 31 March 2021									22,698			9,290		31,988
	At 31 March 2020									7,685			10,901		18,586

6.	STOCKS
											31.321	31.3.20
											f	f.
	Stocks										633	633
9.	DEBTORS:AMOUNTS					FAI LIIVG DUE WITHIN			OiVE YEAR
											31.3.21	31.3.20
	Trade debtors										960	8,088
	VAT										4354
	Prepayments	and accmed incame									2,921
											8,235	10,690
10.	CREDITORS:			AMOUNTS			I'ALLING DUE )VITHIN ONE YEAR
											31.3.21	31,3,20
											f
	Trade creditors										5,293	21,165
	Social security		aad other taxes									1,990
	VAT											1,576
	Accruals and	deferred			income						8,971	36,125
											14,264	60,856
II.	MOVEMENT			IN FUNDS
										Net	Transfers
										tnovement	between	At
									At 1.4.20	in funds	funds	31.3.2 I
	Unrestricted	fuads
	General fund								106,546	2,742	8,000	117,288
	Redundancy	fund							70,000		(8,000)	62,000
	Refurbishment		fund							30,000		30,000
									176,546	32,742		209,288
	Restricted funds
	Youth Theatre								25,704	(2,1(3		37,817
	TOTAL FUNDS								202,250	44,855		247,105
	Nct movement		in funds,		included			in thc sbovr. we as (allows
										Inr.o ming	Resources	IVIovement
										resources f.	expended f	in funds f
	Unrestricted	funds
	General fund									ISS,209	(185.467)	2,742
	Refurbishment		fund							30,000		30,000
										218,209	(185,467)	32,742
	Restricted funds
	Youth Theatre									21,947	(9,834)	12,113
	TOTAL FUNDS									240, 156	(195,301)	44,855

									Net
									movement	At
								At 1.4.19	in funds	31.3.20
Unrestricted	funds
General fund								88,767	17,779	106,546
Redundancy	fund							70,000		70,000
								158,767	17,779	176,546
Restricted funds
Youth Theatre								30,453	(4,749)	25,7D4
TOTAL FUNDS								189,220	13,030	202,250
Comparative	net movemcnt		in funds, included		in the abave are as follows:
								Incoming	Resourmu	Movement
								resources	expended	in funds
								f		f
Unrestricted	funds
General fund								294,523	(276,744)	17,779
Restricted funds
Youth Theatre								24,524	(29,273)	(4,749)
TOTAL FUNDS								319,047	(306,017)	13,030
A current year	12 months	and prioryear		12 months combined		position	is as	follows:
								Net	Transfers
								movement	between	At
					At	1.4.19		in grads	funds	3!.3.21 f
Unrestricted funds
General fund					88,767			20,521	8,000	117,288
Redundancy fund					7D,DDD				(8,000)	62,00D
Refurbishment	fund							30,000		30,00D
					158,767			50.521		209,288
Restricted funds
Youth Theatre					30,453			7,364		37,817
TOTAL FUNDS					189,220			57,885		247,105

		Incoming	Resources	Movement
		resources f	expended	in funds
Unrestricted	funds
General fund		482,732	(462,211)	20,521
Refurbishment	I'und	30,000		30,000
		512,732	(462,2 II)	50,521
Restricted funds
Youth 7heatre		46,471	(39,107)	7,364
TOTAL FUNDS		559,203	(501,318)	57,885

			31/03/2021	31/03/2021		31/0$2020
			8	6		6
(NCOME
Incame from	Theatre's Activities:
Student fees	received
Tickets Sold —Hirers Paid to Hirers		1,179 0			197,729 ~463.364
Commission received from Hirers		1,179			33,965
Live Streams		7,134			0
Tickets Sold Congress Productions		11,781			120,610
Sale of tickets	end commissions		20,094			154,575
Hire ofTheatre and faollldes				0		20,971
Other income				(0)		486
			20,094			178,031
Less Cost of	produc0ons		(18,161)			(96,829)
				1,933		79,202
Subscription	and Grants
Members subscriptlons				0		768
Grants and spansarship			63,800			68,500
				63,800		69,268
Bar and Catering Trading Account
Sales						33,641
i.ess: Cost ofsales						(16,157)
						17,484
Other Income
Donations			5,816			4,408
Furlough Claim			65,601			0
Covid19 Grant			40,000			0
Arts Caunril of	Wales Grant		22,500			0
Bank interest received				201		748
Credit card charges				158		9,342
Miscellaneous	receipts			39		1,086
				134,316		15,584
TOTAL INCOME				200,048		181,538

			2020(2tv2 I	2020(2tv2 I	2020(2tv2 I			2018IXO~	2018IXO~
				5
EXPiENDITURE
Administrative Expenses
Managerial fees			98,277					79,832
Redundancy payment			8,213					0
Pension costs			2,873					1,937
Training costs			45					850
Licencss and subscriptions			2,046					1,361
Equipment rental Telephone and postage			3,059 2,124					3,927 1,587
Printing and stationery			2,368					14,687
Volunteer expanses			0					0
Sundry expenses			2,446					1,287
Travelling expenses			0					0
Accountancy and payroll	work		4,190					3,600
Independent Examiners	remuneration		1,000					1,000
Professional fees								13
Bank and credit charges			2,188					5,375
				126,830					115,458
Nlarkstlng Expenses
Advertising and publicity					302				2,787
Establishment Expenses
Rent - Cwmbran Centre Wayleave			2,950					0
Light and heat			7,960					10,862
Insurance			1,781					1,563
Repairs, maintenance and replacements			13,906					12,630
Piano tuning and maintenance			0					120
Cleaning and hygiene			10,089					13,857
input VAT nol recoverable			0					0
Depredation			2,708					1,545
Performing Rights Sadety fees			781					4,937
				40,	174				45,515
TOTAL EXPENDITURE				167,306					163,760
NET SURPLUS FOR THE YEAR - CONGRESS ONLY				32,742					17,779
		H~ITh				Unrestricted	~Hei	The
REPRESENTED BY:	Funds	~Can	ress	Total		Funds	~Con ress
Reserves brought forward	176,546		0	176,546		158,767		0	158,76'7
Net surplus for the year	32,742		0	32,742		17,779		0	17,779
Transfer between funds								0	0
Reserves carried forward	209,288		0	209,288		176,546		0	176,546

				31/03/2021	31/03/2020
				6	6 8
INCOME
Income from Theatre's			Activities:
Pupils fees reoslved				2,305	13,302
Tickets Sold				9,374	3,886
Costume hire				0	200
Other income				2,239	1,34S
				13,918	16,736
Less: Cast of productions				(3,222)	(20,859)
Cost of trip				0	(1,250)
				10,696	(3,373)
Other Income
Donauons				12	5,765
Grants				8,010	0
Bank interest received				7	23
				8,029	5,788
TOTAL INCOME				18,725	2,415
EXPENDITURE
Administrative	Expenses
ll/lanagerial fees				1,430	5,125
Room hire				0	1,810
Membemhip fees				200	15
New equipment				4,380
Sundry expenses				552	155
Depraciaban				50	59
TOTAL EXPENDITURE				6,612	7,164
NET SURPLUS	FOR THE YEAR			12,113	(4,749)
REPRESENTED	BY:
Reserves brought		fonvard		25,704	30,453
Net surplus for the		year		12,113	(4,749)
Resenies cerned	forward			37,817	25,704