REGISTERED COMPANY NUMBER: 07193792 (England and Wales) REGISTERED CHARITY NUMBER: 1136157
Bamboozle Theatre Company Limited
Report of the Trustees and
Financial Statements for the Year Ended 31 March 2023
Bamboozle Theatre Company Limited
Contents of the Financial Statements for the Year Ended 31 March 2023
| Page | |
|---|---|
| Report of the Trustees | 1 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Statement of Financial Position | 8 to 9 |
| Statement of Cash Flows | 10 |
| Notes to the Financial Statements | 11 to 20 |
| Detailed Statement of Financial Activities | 21 to 22 |
Bamboozle Theatre Company Limited
Report of the Trustees for the Year Ended 31 March 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity aims to advance the education of students with emotional, behavioural or other learning difficulties. The aim is to also educate and assist the parents, carers and teachers of those students as well as the general public. The trustees have had due regard to guidance published by the Charity Commission on public benefit.
We aim to empower all learning disabled children and young people through creative interaction. It is our mission to offer learning disabled children and young people, along with their families and carers, innovative opportunities to interact meaningfully with the world and to confound expectations of what disabled children can achieve.
We deliver our aim through three strands of activity:
Education and Learning
Bamboozle provides creative and innovative learning experiences for children with special needs and shares its pioneering methodology with teachers and educators through training and research projects.
Families and Community
Bamboozle produces transformative multi-sensory experiences for learning disabled children and their whole families and finds ways to engage those that are hardest to reach.
Theatre and Touring
Bamboozle takes high quality, interactive and immersive performances into theatres and special schools in order to reach, engage and entertain all children no matter what their learning disability. All activities aim to leave a legacy beyond the time our beneficiaries spend with Bamboozle.
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Bamboozle Theatre Company Limited
Report of the Trustees for the Year Ended 31 March 2023
OBJECTIVES AND ACTIVITIES Significant activities Theatre and Touring
Having developed a new format of show with Firebird in response to Covid for 2021/22 we retoured this to schools during the summer of 2022.
Rain Rain toured to schools in autumn 2022
The showcase of Rain Rain at Curve theatre was attended by over 100 people
We have created a new show The River for PMLD audiences which toured to schools in March 2023 and will continue in April.
International Touring
We attended Bibu Festival in Sweden with Storm and BRIK Festival in the Netherlands with Rain Rain.
Egypt. We co-created a show The Fisherman and The Swan with a team of Egyptian Actors from Afca funded by the British Council. We developed the show in online rehearsals with Bamboozle artistic team in Leicester and the Afca team in Cairo. The Egyptian company then toured to schools in the spring of 2023.
China. We delivered online training to teachers in Shanhai. Our shows Down to Earth and Storm continue to be regularly performed by the Chinese actors.
Families and Community
Family Residency River of Baada at Curve in Summer 2022 for families with a profoundly disabled child.
Backyard our outdoor provision for families with an autistic child delivered sessions in Leicester during the summer and October half term with a pilot in Nottingham at Easter.
A Hygge event in December and a series of personalised post cards to participants kept the contact going through the winter.
Festivals
Timber. We performed Firebird and hosted Back Yard sessions at Timber Festival in July 2022. These were for the festival audience and our families who received free festival tickets.
Education and Learning
We ran Masterclass sessions in January 2023 which was well attended by 10 staff from UK and international organisations we have previously worked with.
We delivered online training sessions for the Afca team in Cairo and for teachers in UK/internationally
Long Term Culture Change projects
The Lakeside project resumed after a break for Covid related reasons and will complete in Summer 2023.
Funding
Bamboozle was successful in our application to continue as an Arts Council National Portfolio organisation. We were also successful in securing an additional £100k a year to support creativity in Levelling up for culture places.
We have received a five year funding from the National Lottery Reaching Communities Fund of £450k paid over five years to support the family programme.
These significant funds give Bamboozle a high level of security.
Additional funds are necessary to deliver our programme and are hard to come by. Strong applications across the arts sector are routinely turned down due to high demand for small pots of money to distribute.
Volunteers
The trustees recognise and appreciate the value of in-kind support offered by volunteers in respect of the administration of the charity and in the delivery of our charitable activities.
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Bamboozle Theatre Company Limited
Report of the Trustees for the Year Ended 31 March 2023
FINANCIAL REVIEW
Financial position
The total income for the year was £716,634 (2022: £605,487) which, after deducting expenditure of £595,761 (2022: £402,962) resulted in net income of £120,873 (2022: £202,525).
At 31 March 2023 the charity had total reserves of £738,900 (2022: £618,027). £448,310 (2022: £26,437) of this is held in restricted funds.
Reserves policy
To protect the organisation against uncertainty, our Board Of Trustees approved a level of reserves that will cover all of our operational costs for 6 months as well as the cost of delivering on pre-planned activities and allow us a cushion to find a new funding model should untoward circumstances occur.
After deducting the value of fixed assets of £9,620, the level of unrestricted funds as at 31 March 2023 was £280,970 which exceeds the level in the reserves policy. The trustees will be reviewing upcoming performance costs and their delivery to bring the reserves into line with the policy.
FUTURE PLANS
Significant plans for 2023/24 include:
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Continuation of the Backyard programme and expansion into other locations and for PMLD cohort
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Voices project across several current programmes
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2 Domestic schools tours - Storm retour and Pulse retour both with new performers included
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Development of a new AS show (funded by reserves bolstered by grants in the previous year)
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introduction of a Summer School to share Bamboozle's approach to creating shows.
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Establish the HUB programme of training in three Levelling up For Culture areas
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing documents, the Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Trustees
The trustees include representatives from our key beneficiary groups alongside business and community representation.
Collectively the trustees cover a broad skill set and knowledge base. When recruiting new members, the gaps in this skill set are identified and candidates nominated who can bring the requisite skills. In the first instance personal invitations are made to potential trustees; where this is unsuccessful the opportunity is openly advertised.
Candidates are asked to observe a Board meeting, and to make a short presentation of their interest in becoming a trustee. The existing trustees will then then take a vote to confirm or reject the candidate.
The induction process for new trustees consists primarily of a meeting with the Artistic Executive. Training for all trustees takes place at Development Days. More specific training needs are addressed through an allocation of time at Board meetings, by participating in Bamboozle's own training courses or through external courses when necessary.
An indemnity insurance policy is maintained by the charity for the benefit of all trustees acting in that capacity.
Organisational structure
The Board of Trustees meet quarterly with the Artistic Executive where the operations of the Charity are reviewed and appropriate actions are agreed.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
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Bamboozle Theatre Company Limited
Report of the Trustees for the Year Ended 31 March 2023
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 07193792 (England and Wales)
Registered Charity number 1136157
Registered office
Unit 10 St Marys Works 115 Burnmoor Street Leicester Leicestershire LE2 7JL
Trustees
James Hartshorne (Chair of Trustees) Corallie Murray Trusha Lakhani Dorothy Day Sandra Pollock James Harris Corinne Galloway Chris White Iona Mayo
Patron
Bella Ramsey
Artistic Executive Christopher Davies
Independent Examiner
Tommie Simpson torr waterfield Park House 37 Clarence Street Leicester Leicestershire LE1 3RW
Bankers
Barclays Bank plc Leicester Town Hall Square Branch 1-3 Haymarket Towers Humberstone Gate Leicester LE1 1WA
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Bamboozle Theatre Company Limited
Report of the Trustees for the Year Ended 31 March 2023
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 14 December 2023 and signed on its behalf by:
James Hartshorne - Trustee
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Independent Examiner's Report to the Trustees of Bamboozle Theatre Company Limited
Independent examiner's report to the trustees of Bamboozle Theatre Company Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of the Institute of Chartered Accountants in England and Wales (ICAEW) which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Tommie Simpson The Institute of Chartered Accountants in England and Wales
torr waterfield Park House 37 Clarence Street Leicester Leicestershire LE1 3RW
15 December 2023
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Bamboozle Theatre Company Limited
Statement of Financial Activities
(Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2023
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 37,173 Charitable activities 5 Education and Learning 77,082 Families and Community 3,792 Theatre and Touring Shows 91,823 Other trading activities 3 25,467 Investment income 4 20,813 Total 256,150 EXPENDITURE ON Raising funds 6 9,609 Charitable activities 7 Education and Learning 99,569 Families and Community 134,455 Theatre and Touring Shows 313,517 Total 557,150 NET INCOME/(EXPENDITURE) (301,000) RECONCILIATION OF FUNDS Total funds brought forward 591,590 TOTAL FUNDS CARRIED FORWARD 290,590 |
Restricted funds £ 460,484 - - - - - 460,484 - 4,181 20,496 13,934 38,611 421,873 26,437 448,310 |
31.3.23 Total funds £ 497,657 77,082 3,792 91,823 25,467 20,813 716,634 9,609 103,750 154,951 327,451 595,761 120,873 618,027 738,900 |
31.3.22 Total funds £ 524,448 118 500 61,970 125 18,326 605,487 1,808 59,993 140,724 200,437 402,962 202,525 415,502 618,027 |
|---|---|---|---|
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 7
Bamboozle Theatre Company Limited
Statement of Financial Position
31 March 2023
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 14 9,620 CURRENT ASSETS Debtors 15 38,929 Cash at bank and in hand 293,739 332,668 CREDITORS Amounts falling due within one year 16 (51,698) NET CURRENT ASSETS 280,970 TOTAL ASSETS LESS CURRENT LIABILITIES 290,590 NET ASSETS 290,590 FUNDS 17 Unrestricted funds Restricted funds: Family Focus fund ACE Bamboozle Outdoor Project Family Fund - Autism Spectrum Disorder Family Focus - Nottingham Backyard Project The National Lottery Community Fund TOTAL FUNDS |
Restricted funds £ - 448,310 - 448,310 - 448,310 448,310 448,310 |
31.3.23 Total funds £ 9,620 487,239 293,739 780,978 (51,698) 729,280 738,900 738,900 290,590 - - - - - 448,310 448,310 738,900 |
31.3.22 Total funds £ 8,325 254,704 402,275 656,979 (47,277) 609,702 618,027 618,027 591,590 9,070 8,425 1,692 3,750 3,500 - 26,437 618,027 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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Bamboozle Theatre Company Limited
Statement of Financial Position - continued
31 March 2023
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 14 December 2023 and were signed on its behalf by:
James Hartshorne - Trustee
The notes form part of these financial statements
Page 9
Bamboozle Theatre Company Limited
| Statement of Cash Flows for the Year Ended 31 March 2023 31.3.23 Notes £ Cash flows from operating activities Cash generated from operations 19 (103,254) Net cash used in operating activities (103,254) Cash flows from investing activities Purchase of tangible fixed assets (5,887) Interest received 605 Net cash used in investing activities (5,282) Change in cash and cash equivalents in the reporting period (108,536) Cash and cash equivalents at the beginning of the reporting period 402,275 Cash and cash equivalents at the end of the reporting period 293,739 |
31.3.22 £ (399) (399) (9,240) 150 (9,090) (9,489) 411,764 402,275 |
|---|---|
The notes form part of these financial statements
Page 10
Bamboozle Theatre Company Limited
Notes to the Financial Statements for the Year Ended 31 March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Company status
The charity is a private company, limited by guarantee, registered in England and Wales. The members of the company are the trustees named in the Report of the Trustees. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member. This potential liability is not extinguished until 12 months have elapsed from membership ceasing.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Where practical, donated goods and services are valued and included in income, with the equivalent amount included in expenditure in accordance with the policy below.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Allocation and apportionment of costs
Costs are apportioned between activities based on an estimate of management time spent.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Theatre equipment - 20% on reducing balance Fixtures and fittings - 20% on reducing balance Computer equipment - 33% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2023
1. ACCOUNTING POLICIES - continued
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective rate of interest method, less any impairment.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Going concern
After reviewing the charity's forecasts and projections, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing the financial statements.
Government grants
Government grants receivable are recognised in accordance with the performance model.
2. DONATIONS AND LEGACIES
| Donations Gift Aid Grants |
31.3.23 £ 37,174 - 460,483 497,657 |
31.3.22 £ 15,225 3,186 506,037 524,448 |
|---|---|---|
A grant of £448,310 from The National Lottery Community Fund has been included, as it meets the criteria of recognition under the Charities Statement of Recommended Practice (SORP) being evidence of entitlement, receipt is probable and the amount can be measured reliably.
Grants received, included in the above, are as follows:
| Arts Council England Nottinghamshire County Council Leicestershire County Council D'Oyly Carte Charitable Trust British Council The National Forest The Mighty Creatives RC Midlands Region |
31.3.23 £ - - - - - 5,673 6,500 448,310 460,483 |
31.3.22 £ 434,458 3,750 13,110 3,500 51,219 - - - 506,037 |
|---|---|---|
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Bamboozle Theatre Company Limited
| Notes to the Financial Statements for the Year Ended 31 March 3. OTHER TRADING ACTIVITIES Fundraising events Sale of merchandise 4. INVESTMENT INCOME Studio rents Deposit account interest 5. INCOME FROM CHARITABLE ACTIVITIES Activity Service user contributions Education and Learning Service user contributions Families and Community Service user contributions Theatre and Touring Shows 6. RAISING FUNDS Other trading activities Fundraising events Project management 7. CHARITABLE ACTIVITIES COSTS Direct Costs £ Education and Learning 54,760 Families and Community 40,632 Theatre and Touring Shows 138,531 233,923 |
Notes to the Financial Statements | Notes to the Financial Statements | - continued 2023 Grant funding of activities (see note 8) £ - - 25,609 25,609 |
|
|---|---|---|---|---|
| for the Year Ended 31 March |
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Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
8. GRANTS PAYABLE
| GRANTS PAYABLE | ||
|---|---|---|
| Theatre and Touring Shows The total grants paid to institutions during the year was as follows: AFCA Arts Centre |
31.3.23 £ 25,609 31.3.23 £ 25,609 |
31.3.22 £ - |
| 31.3.22 £ - |
The total grants paid to institutions during the year was as follows:
9. SUPPORT COSTS
| Education and Learning Families and Community Theatre and Touring Shows |
Office Totals £ 47,050 109,788 156,840 313,678 |
Finance Management Governance £ £ £ 47 187 1,706 111 439 3,981 158 627 5,686 316 1,253 11,373 |
£ 48,990 114,319 163,311 |
|---|---|---|---|
| 326,620 |
Activity Basis of allocation Office Non-directly attributable costs - split on the basis of management time Finance Non-directly attributable costs - split on the basis of management time Information technology Non-directly attributable costs - split on the basis of management time Management Non-directly attributable costs - split on the basis of management time Governance Non-directly attributable costs - split on the basis of management time
The proportion of management time allocated to each charitable activity has been estimated as:
| 31.3.23 | 31.3.22 | |
|---|---|---|
| Education and Learning | 15% | 15% |
| Families and Community | 35% | 35% |
| Theatre and Touring Shows | 50% | 50% |
10. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| Independent Examiner's Fees - External scrutiny Independent Examiner's Fees - Other services Depreciation - owned assets Property rent |
31.3.23 £ 1,350 2,050 4,592 19,708 |
31.3.22 £ 1,270 1,550 3,604 16,770 |
|---|---|---|
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Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
11. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
12. STAFF COSTS
| Wages and salaries Social security costs Other pension costs |
31.3.23 £ 229,008 16,739 5,192 250,939 |
31.3.22 £ 178,254 11,460 4,031 |
|---|---|---|
| 193,745 |
Remuneration of key management personnel
Key management personnel are deemed to be those having authority and responsibility, delegated to them by the trustees for planning, directly and controlling the activities of the charity. The key management personnel of the charity comprise the executives and senior employees. The total benefits paid to key management personnel of the charity amounted to £105,176 (2022 - £108,376).
The average monthly number of employees during the year was as follows:
| Administration Project delivery |
31.3.23 3 6 9 |
31.3.22 3 6 9 |
|---|---|---|
No employees received emoluments in excess of £60,000.
| 13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 504,088 Charitable activities Education and Learning 118 Families and Community 500 Theatre and Touring Shows 61,970 Other trading activities 125 Investment income 18,326 Total 585,127 EXPENDITURE ON Raising funds 1,455 Charitable activities Education and Learning 59,863 |
Restricted funds £ 20,360 - - - - - 20,360 353 130 |
Total funds £ 524,448 118 500 61,970 125 18,326 605,487 1,808 59,993 |
|---|---|---|
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Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
| 13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fund funds £ £ Families and Community 116,752 23,972 Theatre and Touring Shows 200,004 433 Total 378,074 24,888 NET INCOME/(EXPENDITURE) 207,053 (4,528) RECONCILIATION OF FUNDS Total funds brought forward As previously reported 384,537 16,674 Prior year adjustment - 14,291 As restated 384,537 30,965 TOTAL FUNDS CARRIED FORWARD 591,590 26,437 14. TANGIBLE FIXED ASSETS Fixtures Theatre and Computer equipment fittings equipment £ £ £ COST At 1 April 2022 6,512 1,313 9,796 Additions 2,517 - 3,370 At 31 March 2023 9,029 1,313 13,166 DEPRECIATION At 1 April 2022 3,118 840 5,338 Charge for year 1,182 95 3,315 At 31 March 2023 4,300 935 8,653 NET BOOK VALUE At 31 March 2023 4,729 378 4,513 At 31 March 2022 3,394 473 4,458 |
Total funds £ 140,724 200,437 402,962 202,525 401,211 14,291 415,502 618,027 Totals £ 17,621 5,887 23,508 9,296 4,592 13,888 9,620 8,325 |
|---|---|
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Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2023
15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Debtors Other debtors Prepayments and accrued income 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Creditors Social security and other taxes VAT Other creditors Accruals and deferred income Rental deposits held |
31.3.23 £ 28,338 1,011 457,890 487,239 31.3.23 £ 7,060 5,233 1,263 10,849 23,788 3,505 51,698 |
31.3.22 £ 30,129 2,468 222,107 254,704 31.3.22 £ 3,570 4,770 - 2,106 33,326 3,505 47,277 |
|---|---|---|
Included in accruals and deferred income is deferred income of £20,665 (2022 - £30,718) which consists of amounts invoiced in advance for events and services taking place after the year. The £30,718 as at 31 March 2022, has been released and recognised as income during the year to reflect that these services have now been provided. An additional £20,665 of invoices were raised which required deferment as at 31 March 2023.
17. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds Family Focus fund ACE Bamboozle Outdoor Project Family Fund - Autism Spectrum Disorder Family Focus - Nottingham Backyard Project The National Lottery Community Fund TOTAL FUNDS |
At 1.4.22 £ 591,590 9,070 8,425 1,692 3,750 3,500 - 26,437 618,027 |
Net movement in funds £ (301,000) (9,070) (8,425) (1,692) (3,750) (3,500) 448,310 421,873 120,873 |
At 31.3.23 £ 290,590 - - - - - 448,310 448,310 738,900 |
|---|---|---|---|
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Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2023
17. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Family Focus fund ACE Bamboozle Outdoor Project Family Fund - Autism Spectrum Disorder Family Focus - Nottingham Backyard Project The National Forest The Mighty Creative The National Lottery Community Fund TOTAL FUNDS |
Incoming resources £ 256,150 - - - - - 5,673 6,501 448,310 460,484 716,634 |
Resources Movement expended in funds £ £ (557,150) (301,000) (9,070) (9,070) (8,425) (8,425) (1,692) (1,692) (3,750) (3,750) (3,500) (3,500) (5,673) - (6,501) - - 448,310 (38,611) 421,873 (595,761) 120,873 |
|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund Restricted funds Family Focus fund ACE Bamboozle Outdoor Project Family Fund - Autism Spectrum Disorder Family Focus - Leicestershire Family Focus - Nottingham Backyard Project TOTAL FUNDS |
At 1.4.21 £ 384,537 9,070 14,022 1,692 (8,110) - - 16,674 401,211 |
Prior year adjustment £ - - 14,291 - - - - 14,291 14,291 |
Net movement in funds £ 207,053 - (19,888) - 8,110 3,750 3,500 (4,528) 202,525 |
At 31.3.22 £ 591,590 9,070 8,425 1,692 - 3,750 3,500 26,437 618,027 |
|---|---|---|---|---|
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Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2023
17. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds ACE Bamboozle Outdoor Project Family Focus - Leicestershire Family Focus - Nottingham Backyard Project TOTAL FUNDS |
Incoming resources £ 585,127 - 13,110 3,750 3,500 20,360 605,487 |
Resources Movement expended in funds £ £ (378,074) 207,053 (19,888) (19,888) (5,000) 8,110 - 3,750 - 3,500 (24,888) (4,528) (402,962) 202,525 |
|---|---|---|
Family Focus fund
The Family Focus fund was set up to raise money towards the ongoing work of providing creative activities to children with Profound and Multiple Learning Disabilities (PMLD).
The brought forward balance of the fund as at 1 April 2022 of £9,070 was fully expended during the year.
Family Focus Nottingham Fund
This fund is an extension to the 'Family Focus Fund' above where income is further restricted to children with severe disabilities and who have a Nottingham postcode.
The brought forward balance of the fund as at 1 April 2022 of £3,750 was fully expended during the year.
Family Focus Autism Spectrum Disorder
This fund is an extension to the 'Family Focus Fund' above where grant funding has been received towards developing creative activities for children with Autism Spectrum Disorders.
The brought forward balance of the fund as at 1 April 2022 of £1,692 was fully expended during the year.
Ace Bamboozle Outdoor Project
This fund was set up to help towards costs of re-making the outdoor projects, Down to Earth and Bamboozle Back Yard.
The brought forward balance of the fund as at 1 April 2022 of £8,425 was fully expended during the year.
The National Forest
This fund is to allow delivery of an outdoor outreach project at a local school and allow delivery of our Wildings project at Timber Festival.
A grant of £5,673 was awarded during the year ended 31 March 2023 and was fully expended during the year.
The Mighty Creatives
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continued...
Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
17. MOVEMENT IN FUNDS - continued
This fund is to enable "keeping in touch" time with families of learning disabled young people over the 2022/23 winter holidays, when outdoor activities ceased. The activities took the form of a winter "hygge" with music and performance, a Christmas concert via video and a series of interactive postcards.
A grant of £6,501 was awarded during the year ended 31 March 2023 and was fully expended during the year.
The National Lottery Community Fund - RC Midlands Region
The aim of this fund is to provide a programme for families with children and young people on the autism spectrum and those experiencing profound and multiple learning difficulties that delivers a safe positive experience and supports a lasting improvement in the quality of life for the families.
A grant of £448,310 was awarded during the year ended 31 March 2023 and remains unspent at the year end.
18. RELATED PARTY DISCLOSURES
During the year ended 31 March 2023, unconditional donations were received from trustees or other related parties totalling £Nil (2022 - £1,404).
| 19. | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM | OPERATING ACTIVITIES | OPERATING ACTIVITIES |
|---|---|---|---|
| 31.3.23 | 31.3.22 | ||
| £ | £ | ||
| Net income for the reporting period (as per the Statement of | |||
| Financial Activities) | 120,873 | 202,525 | |
| Adjustments for: | |||
| Depreciation charges | 4,592 | 3,604 | |
| Interest received | (605) | (150) | |
| Increase in debtors | (232,535) | (223,450) | |
| Increase in creditors | 4,421 | 17,072 | |
| Net cash used in operations | (103,254) | (399) |
20. ANALYSIS OF CHANGES IN NET FUNDS
| At 1.4.22 | Cash flow | At 31.3.23 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank and in hand | 402,275 | (108,536) | 293,739 |
| 402,275 | (108,536) | 293,739 | |
| Total | 402,275 | (108,536) | 293,739 |
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Bamboozle Theatre Company Limited
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 March 2023 | ||
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 37,174 | 15,225 |
| Gift Aid | - | 3,186 |
| Grants | 460,483 | 506,037 |
| 497,657 | 524,448 | |
| Other trading activities | ||
| Fundraising events | 25,159 | - |
| Sale of merchandise | 308 | 125 |
| 25,467 | 125 | |
| Investment income | ||
| Studio rents | 20,208 | 18,176 |
| Deposit account interest | 605 | 150 |
| 20,813 | 18,326 | |
| Charitable activities | ||
| Service user contributions | 172,697 | 62,588 |
| Total incoming resources | 716,634 | 605,487 |
| EXPENDITURE | ||
| Other trading activities | ||
| Fundraising events | 8,809 | 155 |
| Project management | 800 | 1,653 |
| 9,609 | 1,808 | |
| Charitable activities | ||
| Venue hire | 145 | 1,277 |
| Specialists and performers | 222,533 | 124,366 |
| Materials and similar costs | 10,063 | 6,650 |
| Depreciation of theatre equipment | 1,182 | 849 |
| Grants to institutions | 25,609 | - |
| 259,532 | 133,142 | |
| Support costs | ||
| Office | ||
| Wages | 229,008 | 178,254 |
| Social security | 16,739 | 11,460 |
| Pensions | 5,192 | 4,031 |
| Rent | 19,708 | 16,770 |
| Insurance | 4,032 | 2,407 |
| Carried forward | 274,679 | 212,922 |
This page does not form part of the statutory financial statements
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Bamboozle Theatre Company Limited
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 March 2023 | ||
| 31.3.23 | 31.3.22 | |
| £ | £ | |
| Office | ||
| Brought forward | 274,679 | 212,922 |
| Light, heat and water | 5,375 | 4,242 |
| Telephone | 762 | 692 |
| Postage and stationery | 1,693 | 792 |
| IT costs | 6,340 | 4,615 |
| Marketing and website | 2,475 | 1,395 |
| Repairs and maintenance | 2,167 | 2,554 |
| Cleaning | 1,757 | 1,086 |
| Motor and travel | 2,934 | 1,182 |
| Vehicle hire | 7,218 | 4,368 |
| Sundry expenses | 1,292 | 1,013 |
| Training and development | 2,477 | 811 |
| Health and safety | 1,099 | 1,012 |
| Depreciation of fixtures and fittings | 95 | 118 |
| Depreciation of computer equipment | 3,315 | 2,637 |
| 313,678 | 239,439 | |
| Finance | ||
| Bank charges | 251 | 124 |
| Credit card fees | 65 | 69 |
| 316 | 193 | |
| Management | ||
| Legal and professional fees | 1,253 | 9,440 |
| Governance | ||
| Independent Examiner's fees | 3,400 | 2,820 |
| Accountancy fees | 7,973 | 16,120 |
| 11,373 | 18,940 | |
| Total resources expended | 595,761 | 402,962 |
| Net income | 120,873 | 202,525 |
This page does not form part of the statutory financial statements
Page 22