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2023-03-31-accounts

Page
Report ofthe Trustees I to 3
Independent
Examiner's		 Report
Statement ofFinancial Activities
Balance Sheet 6 to 7
Notes to the Financial Statemenis 8 to 13

f or the Year E nded 31March 2 023
31.3.23 31.3.22
Unrestricted Restricted Total Total
funds funds funds funds
Notes 8 f 8
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 7,163 555 7,718 6,870
Charitable
activities
Ticket sales, hire fees and other theatre income 205,967 12,620 218,587 46,303
Grants and sponsorship 68,295 68295 148,505
Other trading activities 41,877 41,877 11,507
Investment
income		 578 34 612 58
Other income 12,844 12,844 6,968
Total 336,724 13309 349,933 220,211
EXPENDITURE ON
Raising funds 146,415 17,555 163,970 36,681
Charitable
activities
Ticket sales, hire fees and other theatre income 188,023 6,671 194,694 159,623
Grants snd sponsorship 42,514
Total 334,438 24,226 358,664 238,818
NET INCOME/(EXPENDITURE) 2,286 (11,017) (8,731) (18,607)
RECONCILIATION OF FUNDS
Total funds brought forward 190,801 37,697 228,498 247,105
TOTAL FUNDS CARRIED FORWARD 193,087 26,680 219,767 228,498

31.3.23 31.3.22
Unrestricted Restricted Total Total
funds funds funds funds
Notes f, f f
FIXEDASSETS
Tangible assets 31,521 194 31,715 27,180
CURRENT ASSETS
Stocks 633 633 633
Debtors 10,632 450 11,082 17,251
Cash at bank and in hand 216,472 26,036 242,508 308,011
227,737 26,486 254,223 325,895
CREDITORS
Amounts
falling due within one year		 10 (66,171) (66,171) (124,577)
NET CURRENT ASSETS 161,566 26,486 188,052 201,318
TOTAL ASSETSLESSCURRENT LIABILITIES 193,087 26,680 219,767 228,498
NET ASSETS 193,087 26,680 219,767 228,498
FUNDS
Unrestricted
funds:
General fund 193,087 128,801
Redundancy
fund		 62,000
193,087 190,801
Restricted funds 26,680 37,697
TOTAL FUNDS 219,767 228,498

Notes to the Financial Statements Notes to the Financial Statements - continued
for the Year Ended 31March 2023
2. OTHER TRADING ACTIVITIES
31.3.23 31.3.22
f, f
Bar and catering 41,877 11,507
3. INVESTMENT INCOME
31.3.23 31.3.22
f
Deposit account interest 612 58
4. NET INCOME/(EXPENDITURE)
Net income/(expenditure)
is stated		 atter charging/(cmditing):
31.3.23 31.3.22
I
Depreciation
-owned assets		 4,077 4,808
Hire ofplant and machinery 4,026 3,663
Deficit on disposal offixed assets 42,729
5. TRUSTEES' REMUNERATION AND BENEFITS
TRUSTEES' REMUN ERATION AND BENEFITS AND BENEFITS AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31March 2023 nor for the year ended 31March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31March 2023 nor forthe year ended 31 March 2022.
STAFF COSTS
The average monthly
number ofemployees		 during the year was as follows:
31.3.23 31.3.22
Employees 3 3
No employees
received		 emoluments in excess off60,000.

Notes to the Financial Statements -
for the Year Ended 31March		 continued
2023
7. TANGIBLE FIXEDASSETS
Fixtures
Plant and and
machinery fittings
I		 Totals
f
COST
At 1 April 2022 95,120 58,099 153,219
Additions 6,438 2,174 8,612
At31March 2023 101,558 60,273 161,831
DEPRECIATION
At 1 April 2022 75,827 50312 126,039
Charge foryear 2,894 1,183 4,077
At 31March 2023 78,721 51,395 130,116
NKT BOOK VALUE
At31 March 2023 22,837 8,878 31,715
At31March 2022 19,293 7,887 27,180
8. STOCKS
31.3.23 31.3.22
f. f.
Stocks 633 633
DEBTORS:AMOUNTS FALLING DUK WITHIN ONK YEAR
31.3.23 31.3.22
f f.
Trade debtors 5,238 1,510
VAT 2,419 12,389
Prepaymenis
and accrued income		 3,425 3,352
11,082 17,251
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
Trade creditors 41,618 88,843
Accruals and deferred income 24,553 35,734
66,171 124,577

for the Year Ended 31 M arch 2023
11. MOVEMENT IN FUNDS
Net
movement At
At 1.4.22 in funds 31.3.23
f. f
Unrestricted funds
General fund 190,801 2,286 193,087
Restricted funds
Youth Theatre 37,697 (11,017) 26,680
TOTAL FUNDS 228,498 (8,731) 219,767
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
f f, f.
Unrestricted funds
General fund 336,724 (334,438) 2,286
Restricted funds
Youth Theatre 13,209 (24,226) (11,017)
TOTAL FUNDS 349,933 (358,664) (8,731)
Comparatives for movement in funds
Net
movement At
At 1.4.21 in funds 31.3.22
f
Unrestricted funds
General fund 147,288 (18,487) 128,801
Redundancy
fund		 62,000 62,000
209,288 (18,487) 190,801
Restricted
funds
Youth Theatre 37,817 (120) 37,697
TOTAL FUNDS 247,105 (18,607) 228,498

Incoming Resources Movement
resources
f		 expended
f.		 in funds
f
Unrestricted funds
General fund 210,134 (228,621) (18,487)
Restricted funds
Youth Theatre 10,077 (10,197) (120)
TOTAL FUNDS 220,211 (238,818) (18,607)
A current year 12months and prior year 12months combined position is as follows:
Net
movement At
At 1.4.21 in funds 31.3.23
f f
Unrestricted funds
General fund 147,288 (16,201) 131,087
Redundancy
fund		 62,000 62,000
209,288 (16,201) 193,087
Restricted funds
Youth Theatre 37,817 (11,137) 26,680
TOTAL FUNDS 247,105 (27,338) 219,767
A current year 12months and prior year 12 months combined net movement in funds,
included		 in the above are as follows:
Incoming Resources Movement
resources expended in funds
f.
Unrestricted
funds
General fund 546,858 (563,059) (16,201)
Restricted
funds
Youth Theatre 23,286 (34,423) (11,137)
TOTAL FUNDS 570,144 (597,482) (27,338)

31/03/2023 31/03/2023 31/03/2022
6 6 f
6
INCOME
Income from Theatre's Activities:
Student fees received 2,550
Tickets Sold - Hirers 188,703 107,242
Paid to Hirers (147,053) (84,006)
Commission received from Hirers 41,649 23,236
Live Streams 0 5,624
Tickets Sold Congress Productions 149,994 12,458
Sale oftickets and commissions 191,643 41,318
Hire ofTheatre and facilities 10,957 1,170
Other income 817 107
205,967 42,595
Less; Cost of productions (129,414) (27,583)
75,553 15,013
Subscription and Grants
Members subscriptions 53 93
Grants and sponsorship 67,300 58,600
67,353 58,693
Barand Catedng Trading Account
Sales 41,877 11,507
Less: Cost of sales (17,001) (5,480)
24,876 6,026
Other Income
Donations 7,111 6,740
Furlough
Claim		 0 19,829
Covid19 Grant 0 4,000
Arts Council ofWales Grant 0 56,038
Bank interest received 578 56
Credit card charges 12,844 6,968
Miscellaneous receipts 995 90
21,528 93,721
TOTAL INCOME 190,310 173,453

2623 2022
6 5 f
5
EXPENDITURE
Administrative
Expenses
Managerial
fees		 81,550 78,692
Pension costs 2,657 3,126
Training costs 365 395
Licences and subscriptions 1,613 2,068
Equipment
rental		 4,332 3,663
Telephone
and postage		 4,719 2,192
Computer
costs		 874 1,028
Printing
and stationery		 13,065 7,236
Volunteer expenses 0 0
Sundry expenses 448 2,519
Travelling
expenses		 0 0
Accountancy
and payroll		 work 3,952 3,765
Independent
Examiners		 remuneration 1,000 1,000
Professional fees 35 0
Bank and credit charges 6,074 4,222
120,584 109,906
Nlarketing
Expenses
Advertising
and publicity		 2,132 490
Establishment
Expenses
Light and heat 10,687 9,616
Insurance 2,266 2,040
Repairs, maintenance and replacements 27,390 52,507
Piano tuning
and maintenance		 210 0
Cleaning
and hygiene		 17,543 12,624
Input VAT not recoverable 0 0
Depreciation 4,043 4,757
Performing
Rights Society fees		 3,068 0
65,208 81,544
TOTAL EXPENDITURE 188,024 191,939
NET (DEFICIT) FOR THE YEAR 2,286 (18,487)

31/03/2023 31/03/2023 31/03/2022 31/03/2022
E K E 6
INCOME
Income from Theatre's Activities:
Pupils fees received 5,920
Tickets Sold 6,700
Costume
hire		 0
Other income 0
12,620
Less:
Cost of productions		 (12,225)
Cost oftrip 0
395
Other Income
Donations 555 37
Grants 0 10,038
Bank interest received 34 2
589 10,076
TOTAL INCOME 984 10,076
EXPENDITURE
Administrative Expenses
Managerial
fees		 5,964 4,530
Dance teacher 5,330 3,100
Room hire 519 100
Membership
fees		 0 80
New equipment 0 1,560
Sundry expenses 48 723
Repairs and renewals 0 53
Insurance 106 0
Depreciation 34 50
TOTAL EXPENDITURE 12,001 10,196
NET SURPLUS FOR THE YEAR (11,017) (120)