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