## ||||||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|