2023-06-30-accounts

Trustees			K Schurer
			EAnderson
			J Kerry
			L Hailstone
			R Kerr
			CTrail
			JSutton		(Appointed	25 May 2023)
			J Southworth		(Appointed	25 May 2023)
			Mr SJ Brown		(Appointed	25 May 2023)
			Mr R Kotecha		(Appointed	1 July 2023)
Executive	Officer		M Harris-Wakelam
Festival Director			C Laidet
Charity number			1135167
Company	number		3121538
Principal address			LCBDepot
			31 Rutland	Street
			Leicester
			LE1 1RE
Registered		office	30 Nelson	Street
			Leicester
			LE1 7BA
Trading address			LCBDepot
			31 Rutland	Street
			Leicester
			LE1 1RE
Independent		examiner	Marcus W	Dockerty FCA FCCA
			30 Nelson	Street
			Leicester
			LE1 7BA
Bankers			Natwest Bank pic
			PO Box
			1 Granby Street
			Leicester
			LE1 9GT
Solicitors			Freeths
			One Colton	Square
			Leicester
			LE1 1QH

			Page
Trustees' report			1-5
Independent examiner's		report
Statement of financial	activities		7-8
Balance sheet
Notes to the financial	statements		t0-18

			Unrestricted	Restricted	Total	Total
			funds	funds
			2023	2023	2023	2022
		Notes	5	8
Income from:
Donations and legacies			3,959		3,959	10,015
Charitable activities		3	237,077	38,857	275,934	289,152
Other trading activities		4	46,673		46,673	47,768
Total income			287,709	38,857	326,566	346,935
~tttII~n:
Charitable activities		5	398,657	38,857	437,514	372,737
Net expenditure	for the year/
Net movement	in funds		(«0,948)		(110,948)	(25,802)
Fund balances at 1 July 2022			60,356		60,356	86,158
Fund balances	at 30June 2023		(50,592)		(50,592)	60,356

Prior financial	year
			Unrestricted	Restricted	Total
			funds	funds
			2022	2022	2022
		Notes	8	F	8
r
Donations and legacies			10,015		10,015
Charitable activities			216,898	72,254	289,152
Other trading activities			47,768		47,768
Total income			274,681	72,254	346,935
EZ~ndi ure on:
Charitable activities		5	300,483	72,254	372,737
Net expenditure	for the yearl
Net movement	in funds		(25,802)		(25,802)
Fund balances	at 1 July 2021		86,15e		86,158
Fund balances	at 30June 2022		60,356		60,356

				2023		2022
			Notes	F.		5
Fixed assets
Tangible assets					3,151		4,248
Investments					1		1
					3,152		4,249
Current assets
Debtors			12	44,991		65,480
Cash at bank and	in	hand		19,717		78,617
				64,708		144,097
Creditors: amounts one year		falling due within	13	(98,574)		(58,139)
Net current (liabilities)/assets					(33,866)		85,958
Total assets less	current liabilities				(30,714)		90,207
Creditors: amounts		falling due after
more than one year			14		(19,878)		(29,851)
Net (liabilities)/assets					(50,592)		60,356
Income funds
Unrestricted funds					(50,592)		60,356
					(50,592)		60,356

				Grants	Ticket sales and participation fees	Project income	Total 2022	Total 2022
				2	2	2		2
Sales within		charitable	activities		169,733	70,394	240,127	191,515
Grants				26,357			26,357	84,754
Membership		income			9,450		9,450	12,883
				26,357	179,183	70,394	275,934	289,152
Analysis	by	fund
Unrestricted		funds		(12,500)	179,183	70,394	237,077	216,898
Restricted	funds			38,857			38,857	72,254
				26,357	179,183	70,394	275,934	289,152

2023	2022
46,673	47,768

Charitable activiti	es
				2023	2022
				5	5
Unrestricted
Staff costs				200,405	169,326
Depreciation &profit/loss		on disposals		2,409	3,248
Rent and rates				6,923	7,821
Insurance				4,704	3,059
Light and heat				296	312
Telephone and fax				714	1,261
Travel and subsistence				8,208	5,408
Bank charges				773	284
Sundry expenses				3,496	1,079
Computer expenses				3,491	4,856
Bad and doubfful debts				2,725	2,500
Printing, postage and stationery				565	220
Project, promotion	and production		costs	106,936	39,789
Governance costs				4,100	2,715
Legal and professional				5,000	6,054
Artist fees				46,143	50,489
Donations				885	416
Loan interest paid				884	1,646
				398,657	300,483
Restricted
Staff costs				10,607	11,513
Project, promotion	and production		costs	28,250	60,741
				38,857	72,254
Analysis by fund
Unrestricted funds				398,657	300,483
Restricted funds				38,857	72,254
				437,514	372,737

Number ofe The average	mployees number ofemployees duding the year was:
		2023	2022
		Number	Number
Employees
Employment	costs	2023	2022
		8	8
Wages and salaries - unrestricted		195,341	163,228
Wages and salaries- restricted		10,607	11,335
Social security costs		5,064	6,276
		211,012	180,839

8	Tangible fixed assets	Tangible fixed assets
			Fixtures &	Computer	Total
			fittingsf	aqulpmantf
	Cost
	At 1 July 2022		8,898	20,863	29,761
	Additions			1,312	1,312
	At 30June 2023		8,898	22,175	31,073
	Depreciation and impairment
	At 1 July 2022		8,043	17,470	25,513
	Depreciation charged	in the year	172	2,237	2,409
	At 30June 2023		8,215	19,707	27,922
	Carrying amount
	At 30June 2023		683	2,468	3,151
	At 30June 2022		855	3,393	4,248
9	Fixed asset investments
				2023	2022
				f	f
	Unlisted investments	-cost

Subsidiaries
Name ofundertaking	Registered	Nature ofbusiness	Class of	% Held
	office		shares held	Direct Indirect
Big Difference Productions	UK	Artistic creation	Ordinary	100.00
Limited

The aggregate capital and re was as follows:	serves and the res	ult for the yea
Name ofundertaking	Profit/(Loss)	Capital and
		Reserves
	f	f
Big Difference Productions
Limited	(6,165)	(10,164)

11	Loans and ov	erdra	fts
					2023	2022
					f	f.
	Bank loans				29,891	39,655
	Payable within	one	year		10,013	9,804
	Payable after	one year			19,878	29,851
12	Debtors
					2023	2022
					9	f.
	Trade debtors				16,835	40,634
	Amounts due from group undertakings				24,808	21,123
	Other debtors				130	130
	Prepayments	and accmed income			3,218	3,593
					44,991	65,480
13	Creditors: amounts		falling due within one year
					2023	2022
				Notes	6	E
	Bankloans				10,013	9,804
	Other taxation	and social security			8,153	6,150
	Trade creditors				44,827	28,540
	Other creditors				4,291	10,601
	Accruals				31,290	3,044
					98,574	58,139
14	Creditors: amounts		falling due after more than one year
					2023	2022
					6	6
	Bankloans				19,878	29,851

Deferred	income
			Grant	Other	2023	2022
			income	deferred
				income	Total	Total
Opening Invoiced	balance in the year		42,000	23,912	65,912	99,291
Released	to incoming	resources	(24,000)	(14,450)	(38,450)	(99,291)
Closing balance			18,000	9,462	27,462

		Movement	in funds		Movement	in funds
		Incoming Resources	Resources Expended	Balance at I July 2022	Incoming Raacurcaa	Resources Expended	Balance at 30June 2023
		6	6	6	6		6
Leicester City Council-
Leicester Comedy	Festival
Grant		24,000	(24,000)		24,000	(24,000)
Leicester City Council-
Choose How You	Move	8,816	(8,816)
Baring Foundation	Grant	13,550	(13,550)
Haz Grant		14,375	(14,375)		4,250	(4,250)
The Mighty Creative Grant		11,513	(11,513)		10,607	(10,607)
		72,254	(72,254)		38,857	(38,857)

17	Analysis of net assets	between	funds
		Unrestricted		Restricted	Tots I	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023 8	2023 8	2023	2022 6	2022 5	2022 f
	Fund balances at 30
	June 2023 are
	represented by:
	Tangible assets		3,151		3,151	4,248		4,248
	Investments		1		1	1		1
	Current assets/(liabilities)		(33,866)		(33,866)	57,639	28,319	85,958
	Long term liabilities		(19,878)		(19,878)	(29,851)		(29,851)
			(50,592)		(50,592)	32,037	28,319	60,356