## ||||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)|