**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.
Page 1
**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.
Page 2
**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:
- Continuation of the Backyard programme and expansion into other locations and for PMLD cohort
- Voices project across several current programmes
- 2 Domestic schools tours - Storm retour and Pulse retour both with new performers included
- Development of a new AS show (funded by reserves bolstered by grants in the previous year)
- introduction of a Summer School to share Bamboozle's approach to creating shows.
- 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.
Page 3
**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
Page 4
**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
Page 5
## **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:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2.
- the accounts do not accord with those records; or
3. 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
4. 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
Page 6
## **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
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (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
Page 8
continued...
**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.
Page 11
continued...
**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|
|---|---|---|
Page 12
continued...
**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**|||
Page 13
continued...
**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|
|---|---|---|
Page 14
continued...
**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|
|---|---|---|
Page 15
continued...
**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|
|---|---|
Page 16
continued...
**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|
|---|---|---|---|
Page 17
continued...
**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|
|---|---|---|---|---|
Page 18
continued...
**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**
Page 19
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|
Page 20
## **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
Page 21
## **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