REGISTERED COMPANY YUMBER.. 06964297 (Engl*nd and Wales) REGISTERED CHARITY NUMBER: 1136553 Re rt of the Trus¢ees and Unaudited Financial Statemen r the Year nded lor The Di&$ Corn Hall Trust l December 2020 Waveney Ac¢ountsnts Ltd TIA Newman & Co Chanered Accountants 4b Church Street Diss Norfolk IP22 4DD 1111 (P811FM* 09109r2021 COMPANIES HOUSE A17 #45 The Diu Corn Hall Tnjst ontents of Ihe Financial S￿lements for the Year nded ember Pa8e Chainmat)'s Report Operating and Financial Review 3to5 Report of the Trustees 6￿8 Independeni Examinerfs Rep)n ConsolidaTed Statcment of Financial Activilies 10 Parent Charity Statement of Financial Activities Consolidaied Balance Sheel 12 to 13 Parent Charity Balance Sheet l4tol5 Notes to the Fir￿1claI Statements 161026 Deiailed Stsiemeni of Fina￿la1 Activiii¢5 27 rnHallT Chairm#n'¥ Re ort for the Year Ended 31 December 20211 2020 was the Com Hall's ienth anniversary year and should have been one filled with celebraiion and fun. Forces beyond our control meant it has be¢n a 'stop-start' year whL"ch was adeptly managed by resoluie staff and a resilient group of volunteers. We have had some highs, like the end of year panto bui also very low points like the day we heard of the death of one of our m051 valued volunteer5. Paul Howlmg who has played such an importanl pan in the organisation. Since the opening of the Corn Hall, he has qULetly yet reliably organised Ihe stewarding of the Corn Hall for countless events, ensuring that everyone was trained and in place to welcome visiiors and audiences, week after week. We give thanks for his dedicatioll and hope to cO￿e together celebrate his life when possible. The firsi quarter ex¢eeded our ¢xpectsiion5. However. by the middle o(Maich there was a feeling of impending crisis and th¢ national lockdown, on the first day of Spring. saw the last-minute cancellation of ELO Encout)trr. the Phil Greenwo¢)d exhibition and the Corn Hall doors were closed. The first lockth)wn was rather longer than iniiially exp￿[¢d. The cafe Te-opened Rn July and the Gallery in August. Laier ihat month, the 'live audience. ralk aboui Roger Deakin. also saw our fu5t streaTned event, (thanks io Yoshil, more ihan doubling the number of attendees. Our fjrst live, post IcKkdown. theatre perfornJan¢e. 'Power tCM)k place on 8, October, however our hopes of staying open were dashed by L4)¢kdown 2. Mor¢ programme cancellaiions and programrne Te-a￿angIng were needed by Angela. a I￿stratIng and unrewarding t&sk deali with efficienily and resolulely. The same for the outreach programme meant Sbmilar cancellarions. Ending of IA)ckdown 2 meant that the optimism of iKX)kn"ng The Mttgic of Chnstmas, a reduced cast Christmas show, was rewarded. A reduced audLence nln was managed before the inev1￿bilbty of IA)ckdown 3. Even this was not uneven1￿1 as the cast of three was redu¢ed by a third when the Dame withdrew after bruking an ankle dunng dress rehearsal, which resulted in a different fornj of cast. Remarkably the script was ￿-Written overnight and ihe show went on. The year ended with the Corn Hall closed as planned bul. in another sense, ut)planned a5 there was no dale sei for re-opcning. This doesn'i diminish the work done by staff and volunieers in 2020. Despi¢e the pandemic. everyone can congramlate themselves on the way in which they have maintained the Com Hall piesence and, with Lee's direciion and everyone's help, kept us Covid safe". Despite multiple cancellaiions and re-progrdmming. the buildin8 h&% (yened whenever possible for live events, Film￿s¢1¢¢nIngS and exhibitions. the BOK Office remained operaiiDnal and deali with issuing rhe large number of credit vouchers and some refunds caused by rescheduling and cancellations_ Many thanks are due io all those who donated theit ticket monies to the Com Hall survival fund. A new camera was sollrced and purchased to give our firsi live screening eveni The cafe opened for ihe benefil of many regular pairons and the courtyard was well used during the SU[n￿er. The Gallery has had two successfvl exhibilions and a pre-christhw affordable art fair W¢ had a Chrisunas Panio when many theatres are still cl<*sed. this and other events are only wssibk with dedicated staff and enthusiastic volunteers Wherever possible the ouireach programme has been maintained.. The Siart with Arlft re-COmTnenced Wlth the help of Sue Best and volunteers AciNowf a new gfdnt funded outreach programme. developed by local theatye director Emma Bemard ar th¢ request of Lee Johnson. allows I￿24-Year-oldS to experience theatre tra¥ning with professionals Time wilh Friends allowed a brdve few to gel out brietly before the next lockdown Changed personal mttiings to Zwm sessions. We have remained solv¢nt during closure with the help of priva* donatio￿ and grant ￿nding. Outsthnding ieamwork by $￿ff and tNsiee$ resulitd in successful grant applicaiion5 based on sound flnancial forecasting and an excellent repulaiion for the work we do. This has enabled the Corn Hall to survive an unprecedented year.. Staff were furloughed for all but ess¢ntial thsks. this iogether with the government 'Local Re5ttictions Grant. for businesses helped us through the initial sthges Ans Council England emergency funding. BFI grani and cuIDJ￿ Rttovery Funding provided significant fvnding io ensure thai we remain operational until March 2021. Some olthe money received is beU￿ used. for advi¢e from a Business Consultant io provide new ideas for the difficulties we still face. We were success￿1 in reaching our rargei for donaiions for the BigGive and thanks to all <)ur supwjrters and those who helped in other ways to publi¢ise the eveni. Donations from Friend5 and local people. and those trdn5femng tickets to rescheduled events have also givert impotwli help 10 reduce losses and ensure we are still viable. p￿e1 In addition, we took the Oppo￿nity to piii in place a number of tmprovements to ihe building.. The old theatre ILEhtinE has been replaced with new LED lighiing with ihe help of a grant from Business Energy Efficien¢y, Anglia. This will save energy, reducing costs and provide better quality. mote flexible Ilghiing. The Waveney Rwm and the Gallery have been repainied thanks io volunittrs, tfforts. Exiracl fans have been installed alongside the rth)flight above the Foyer which should preverti the over-heaiing in the Upper Gallery and Incre￿ ventilation The sash window in the Council Clwnber staircase has been replaced and re-opeThed to itnprove ventilation. An openable rooflight has bccn provided in the Grten Room. further improving veniilation. A digital photo framc Showing past Mayor5 has been installed in the Council Chambei lobby Despite ihe totally unexpccted difficulties we bave survived through 2020. As always. many thanks and credii are due io the staff and volunieeis who have stocd iogeiher and shown tremendous resilience during an extremely diificuli and debilitating year,. one which we hopt will not be replicated. Looking forward, ii is our inieniion io have a greater empbasis on our outreach work and to engage Tnore fully with age groups which we have found difficult to reach, i.e.. late teens to early 20s and those particularly ha￿ hil by ihe economic effects of the pandemic. Ray Bryani, Chairnwl Dated.. 19, July 2021 Page 2 TheDI s Corn Hall Tntsi er*tin and Financial Review for the Year Ended l Decetn er 2020 Art15tie Programme M*na¥er'$ Report January and Febnury 2020 saw Com Hail i￿ome and audience number5 keq)in8 pacc with our record year In 2019. In facl the last week of January hii a new sales high (panto aside). so expecthiions were buoyani for the ¢oming year. Then. news of Covid 19 Spreading in Europe and incffasingly worryimg predictions of a ￿tentIal global pandemic began to have a chilling effect on ticket sale5 and audience confidence. As the siwaiion worsened, li was clear that Lt was only a maiter of time before we would have to cease operation. On Friday 20, March, in line with the national lockdown. we closed our doors and would noi reopen them io the public until July. The doors may have been closed but our customers needed re&ssuring that we wcre still there. They needed io know ihat we would keep them infornied of what was happening aknul events they had tickets for. that we were workn.ng 10 reschedule events and Ihar. should they need 1¢ we would refund their tickets. This requlred a conswii presence and many hours of work. True to forni our astonishingly rommilled Box Office volunteers offered io continue providing an off-site email Box Office setvi¢e six days a weeks. There is no doubt that their COTnmitrnent and professionalism throughoui is largely reswjnsible for the faci that overwhelrningly, our customers who llld tickets were etther happy to r￿￿edUle (sometimes two. threc and four litnes} or even to donate the value of their lickds. As lockdown began lo ease in July rhe calé made the most of the excelleni weather and our sizeablc oU￿00r space to pro¥ide a rnuch-needed, welcoming and safe place for the communiry to meei after so long in isolation. And. wilh indoor evenis still not allowed, our proactive gally ieam of David Case and Jean Page, a5SiSted by Emilia Symis. Matt Kirkum and David Bateman helpcd breath ¢ulNral life back into the Corn Hall, mounting two art exhibitions soon after we reopened. We could hold indoor events in late Augusu bui would our stewarding team feel safe to corne batk yet? Given ihe risks, we wer¢ humbled and grarefiLI ihot $0 many were prepared to return enabling us 10 restart our programme. Special thanks here go to Sue Pett for siepping in to put the stewardin8 rora together brilliart¢ly and under such tricky condiiions. The volunteers willingness io rewm was also a measure of the excellent job that oui Operntions Manager. Lee Johnson did putting all ihe necessary Co¥id-19 $￿UrIty measures in placc and briefing everyone. And when events sthrted on ihe 22 Au8USt. Lt was lovely to hear from our customers thai they feli very safe were delighted to be back as welll In a year when the programm¢ was often morc about whal hadn'i been re￿h¢thi1ed and what we could manage to make happen. there were nonethele￿ some great highlighis. The talk about local naDJre wriier, Roger Deakin not only had a very respectable live audience, it was also our fjrst livestrean]ed event and thi5 effectively doubled our audien¢e. All ¢redJt LO Venue Tecknician, Yoshi Shina8awa for sourcing and masterjng the equipment needed for us io thke advanthge of this new technology. Our outdoor theatre was understandably very wpular and we've hugely gra￿￿1 ro The HondleB8rds and DOT Productions for committing to tourin8 in a year whcn everything was so uncenaiD. The Summer and Hallowe¢n Siage Schoo15, gave 8-1 l yts olds great enjoymen¢ and a ¢h8n¢e io s￿la11$¢ after being cooped up too long in their homes, as did Start with Artl this time'wiih Animals. Huge thath io Rachael Baker who, with the help of Sue Besi and her tearn of voluntecrs delivered o fanizsiic array of linked creative aciiviiies which, if it's possible, were more apprttiated than ever. It was fantastic too when, at last, we were able io ho]d some real. live theatre with POWERI Th¢ fact that we were able to facilitate the final rehearsal period at the Corn Hall. made li all the more special. Our Wednesday films were really appreCia￿d ￿0. For those livithg on their own. it was a regular chance to.gei out of the house" and to meei up wilh friends. We were deterniined Ihal Christrnas in Diss would NOT be cancelled and wer¢ thn'lltd that Jezzo Events were able to put The Magic of Panto Show together for us. A three-handei. what li lacked in bodies, li made up for in magic, explosion5, fim, tnusi¢ and bags of laughter! Seeing the happy faces of families after the show was a huge tonic io all of us at the Corn Hall. In a year when we ofien struggled because of restrictions to do what we do besi- to bring people together and entertain them- li really feli like we were Tnaking a differencc. Page 3 Com Hall Trust aliD for the dTJd Finat)cial Review r Ended l Decem r 2020 l end thi5 report with a special mention of our much-loved siewarding manager, Paul Howling who died in March this year. His contribution to the Corn Hall over so many years was immeasurable and he is sorely missed. Angela Sykes Programme Manager Pa8c 4 Corn Hall Tmst ratin and r.irwicial RtVLfW for the Year Ended 31 December 2020 Ar¢s artd Heritxge 2020 was our first year withoui a full-iime Arts and Ouireach Manager. Vlhen Jess vI￿ce￿I bad left in (ktober 2019. Angela and Lee generously volunteered to take over responsibility for managing a group of facilitators io lead each of (he Corn Hall ouireach pro8rammes. This arransemenl allowed our progratnmes to ¢oniinue su¢cesshJlly thtough the fLrsi quarter of 2020. Then. as for other programtnes at the Corn Hall. our work was much ieduced by the three lockdowns and restr&¢LLOnS on personal activities. However, where wssible Ihe ouireach programme Iw been maintained and ¢oniinued through 2020.. Siari wilh Artl restarted with the help of the SWA I voluntttf5. Two of the thrtt originally planned scssion5 for 2020 took place and feaNred an arti51 in residence enabling the young panicipants to work alongside a'real. arlist which was greaily appieciaied so whenever possible ihis development will be included in future SWAI sessions. We are extremely graiefijl for the dedlcaiion and inventivertess of Rachel Baker IMPS who has been so creative in devising and leading thest sessions. When illne55 meani she was no longer able ro be present ai the O¢tob¢r session, the SWA! volunteers stepped up and worked hard to ensure the activities she had devised were deliv¢red in the true spirit of child led creativity within the safety of the restrictions at the time. Arts Award began the year with the students eX￿rien¢4ng a wide ranEe of creaiive op￿)￿nitieS to help them io develop their skills following ort their success with Bronze and Silver awards last year bui as lock down began and on-line learning became their nom) the swdenis decided thai they would prefer io wait until the sessions could once again happen in person. The group stayed in iouch ihrough lockdown and almost reconvened in November Just 3S the further lockdown was announced: 5t was during thi5 tirne that LI1￿ s entry into the national Big Draw Co￿pe(lI10O was selec￿d as one of the winning morks by Suffolk artLSt Valerie Irwin. It was also dunrtg this lime thai the moderaiion of the work of Debbie, a Gold SDJdent, postponed by Trinity College London. we await the re5umpiion of their moderarion of the award5 when circumstances permit to resubmii her ponfolio. ActNowl . a new Ans Council England funded progtamrne. iniiiaied and developed (with fvt)ding from Norfolk and Norwich Festival) by Emma Bernard. a Theatre D1￿clor living In DLSS. Supported by Lee Johnson, a successful application for funding was mode 10 the An$ Council. This programme allows I￿24-year-oldS to experience thcatre trdining in workshops led by a range of professionals, including acior4 directors and technical stsff. This was an urgen( iesponse 10 the pandemic and io ensure that young people weie locused on getting their voices heard. The proje¢[ was designed io njn from 2020 into 2021 with a live perfomiance progrdmrned for 23 March 202 1. Ihe anniversary of the first lockdown. The projecl gtarted recTuilrnent in 0¢￿ber 2020 with the first 'in person. socially distanced workshops taking place in November 2020. The projeci ¢oniinued inro December and then at the start of 2021 moved entiiely online and sessions wert beld via Zoom. Tirne wiik Friends had a really good start to 2020 with being awarded funding from the Connecting Older People's fund via Norfolk Community Foundation. this was lo help pay participants travel ¢osts to ensure they could gei 10 the sessLons. The fjrsi couple of tneeiinÈs were in person and saw partt¢ipani numbers al)ove ￿entY per session. Then the meeiing5 were forced lo ceased by Ihe Mar¢h I￿kdown. li was noi until Augu512020 thai they sthrted meeiing again in person and li was obvious thai this much needed provision was indeed needed. The wellbeing of parricipants had clearly of over twenty e participants wellbelng and responsiveness. Not just parti¢ipanlS bui also the carers of those living with Demenlia had a noiictable change. In person meetin8S coniinued ihroughoui the T¢SL of 2020. even meeting in person during the November lockdown a5 Time With Friends is a 5LlPPOrt group. However, a decision was made io move the meetings online at the start of 2021 and these incTeased too Iwice monthly. Summer andHalloween Siage Schools- now a regular fIx￿re of the Corn Hall outyeach Calendar. these sessions provide mu¢h needed ciealive actlvily for young people. Led by professional theatre praciiiioners. Jen Alexander andlor Rachel Miller thes¢ sessions usually follow a theme which allows young people ￿ build and develop their singing, ac(inB, inierpersonal skills allowing then to grow in confidence over a three-day period. August 2020 was led by Rachel Mlller, founder of Greasepaints Theatre School. she took on the Rtsald Dahl s¢ory and musi¢al"Matilda". Due io the pandemic. the numbers for th¢ St4rnmer Si(Ége Sch901 were smaller than in previous years. bui after three days of intensive 50ng learning and rehearsing, the small ¢ast managed io pui on a wonderful produclion of singing and daneing which was enjoyed by their parenis and family friends. Halloween Siage scht￿l w&s led by Jen Alexander and of course what only be the theme- ghosts and ghoulsl Another 3-day intensive sta8e School saw the young participant5 Put tO8eiher a show that not just thrilled the audiences but saw zombles. ghosis and vampires walking around the Corn Hall for those days. Fcedback froTll the Stage S¢hool woikshops are always posilive, and this year was no dlffereni. with very supportive feedback Eiom participants and iheir paren￿Carers_ We are hoping for more personal conia¢ts in 2021 and will ￿ seeking more fimding ro keep these valuable se55ions available to Sue Best Trustee Page 5 The iss Corn Hall Trust rt of ihe Trns¢ees for the Year Ended 31 December 2020 Th¢ Iruslees present their report and the financial statements for the year ended 31 December 2020. which are also prepared to meet the requirements for a d￿CtIOTS. rew)rt and accounts for Companies House pury)oses. Since the Company qualifles as small under section 383 of the Companies Aci 2006, the strategic report required of medium and large ¢ompanies under The Companies Act 21M16 (Strdtegic Report and Directorfs Report) Regulalions 2013 is not required. Chxritable objeetives The trnsiees have had due regard 10 guidance issued by rhe Charity Commission OD public benefit when ieviewing the Charity'5 objectives, actlVLties and achieveTnen¢S. These are thken into Considerniion when plat)ning for the ￿￿re. All charitable actLVlties are undertaken to further charithble purposes for the publi¢ benefit. The Trust was fornied io provide publLC benefit by advancing the edueaiion of the public in the perforniing arts, Ihe creaiive arts and the visual art5 and in nheian¢e of these objects to proV￿e and manage an arts centre in Diss. Mission SLatemenl The mission of the Com Hall Tnjsi is= o ￿ creole a first-class multi-use arts perforniance, community. heritage and educational centre for the people of Diss artd the surrounding area. o to improve ihe Hall to create faeililies appropriate for the 21si cenwry. enabling exi5Ling sparK to b¢ b¢tierused, creating income generating oppottynilies ihai will ensll￿ irs long-ierni viability; o to use ihe Com Hall as the rAtalysi for economic. cultural and community generation within the old town of Diss Management and organi5aiion As a cofflpany limiied by guatartitt the governing irksrrument of Ihe Trust is its memorandum and articles of associatlori. The Trusr is a registered charity and so the directors of the company (the Ttust) are directors for the purposes of company law and irusiees for the purwscs of charity law: they are referred to as tswiees. Membership Membership is open to any person or organisaiion interested in promoting ihe objects of the Trust. and whose name is included in the Register of members. The t￿ts￿e$ ￿aY set a fee to be payable for membership bui no fee is currently payable. Membership is not iransferable_ The iwsiees may iern)inaie the membership of any person or organisalion whose continued membership would. in theii reasonable view, be harniful to the Trust. but only after notifying ihe member concemed in writing and consjdering the matter in the light of any represeniations wi fonward by the member withtn fourteen clear days of such noiice. Trustee$ The intsiees manage and ¢ontrol the Tntsst and its assets. The TTUSI Ix>ard comprises at least three trustees and those trnstees appoint from among themselves such officcr5 ￿ they ihink fit. currently the officers comprise a ¢haimian, deputy chairrnan, treasurer and secrelary. The Iru51ccs have appoinied an Opeiatioos Manager to undertake the day to day operaiions of the Trus(, an Anisti¢ Prograrnme Manager, and a Venue Tecllnician. A number of voluntttrs have been recNiied to cary out various rolts for the TnLSt. The trusiee5 in office are subject to reappointment by the membets- one-lhird of ihe tsusiees reiires by roiarion bui may stand for re-election ai the AGM. Those re¢iring ihis year are Ray Bryant and Aileen Bradley. In addition trustees who are CO￿ted onio ihe b0￿d since the AGM stand down and may seek eltciion at the following AGM. Governanee The trusi¢es have appoinied 8 fmance and operations committee to meet monthly to consider the flnancial situation of the Trust and th¢ risks and opporniniiies presenied. The Treasurer reviews all expcnditure and chair5 the formal finance and operations committee which reviews quarterly ir]come and expenditure statetnents. the annual accounts and any oiher financial mailers. The minutes are circulated 10 the trustees ai board meetings. Sysiems and procedures have been pui in place 10 mJ¢Jgaie any risks. aod policies have been adopied io ensure consisiency of ireatmeni,. Ihese are subject to regular review. All volunteers are given indu¢tion training and specifLC training for the roles ihey wish to perforni. Review of developments, aciiviues and achievemen The Trusi was forned io develop and operdie an arts and heritage centte irt Di&%. The Tnjsi has agreed a 35-year lease with DLSS Town Council. An exciting and diverse range of progralnmes has bttn developed sirtce opening in 2010 has onlinued to attract a growing audlence in the Corn Hall folbwing major retUTbislunent. Page 6 The Diss Corn Hall Trust ort of the Trnstees for the Y nde l December 20 In addition to the Trus￿ art5 actlVllLe5, a pro8ramrne of heritage events and outreach has ¢Oniirtued with wpport from the Ans Council. BFV Filrn Hub, The Big Give. Norfolk Communiiy Foundation. Geoffrey Wailing, as well as donaiions. The financial position of the Trust is shown in the aitsched fmancial stalements. DemoDStratiThg public benefit The Tnjst has provided public benefit by advamcing ihe educaiion of the publLC Ln the ans through open to the public ttwoughoui the year. Theatre. film. comedy. music. dance. art and th¢ spoken word are all catered for to provide an Inieresiing and varied programme offering something for all ages and all interests. Thc Trust has sought to retairt its existing audi¢n¢¢s"and build new ones. Statement of Trust¢¢$' Responsibilities Charity law requires the trustees io prepare financial sthIemen￿ for each financial year, which show a true and fair view of the siaie of affairs of the ¢hariry and its financial activities for Ihai peri<)d. In prepating those financial siaiemenis. Ihe Irusiees are required to.. o Select suitable accounting w)li¢ies and then apply them ¢onsistrnily- o Observe the methods and principles in th¢ Chariiies SORP,. o Make judgements and e511maies that are reasonable and pnJdent- o Slate whether applicable accounting standards and staiements of ￿¢0MMended pracLLC¢ have been folk)wed, subject to any deparluTes disclosed and explained in the fumncial statements: and o PTepare the flnancial siaiemenis on the going Concern basis unless il is inappropriaie io prewme thai the charity will continue in operational eKLStcnce. The inLStee$ are iesponsible for keepirtg proper accouniing records which disclose with reasonable a¢¢ura¢y ai any lime the financial position of the charity and to enable thcm to cnsurc that the finao¢ial sthiements comply with the Charities Act 201 l. They are a150 responsible for safeguarding ihe assets of the charity and her￿ for taking reasonable Steps for Ihe preveniion and detecLi¢)n of fraud and other irregularities. FINANCIAL REVIEW Reserves policy Reserves are needed to cover committed and unexpec*d expendilure. The InJ5ttts have identified the need to reserve three months Tvnninu costs. which. pre-pandemic. amounted 10 £45k. For this purpose, runnin8 cosls exclude direct event costs (covered by ti¢kei sales) and depreciation. The Currenr level of unresiricied reserves, £40,441 excluding flxed assets. The trusttts are looking ai other sources of income io bridge the gap. STRUCTURE, GOVERNANCE AND MANAGEMEf4T GoverThing documeMt The charity is controlled by its Eoveming documeni. a deed of ttlLSi. and ¢onsiiNies a limited company, limited by guaraniee. as defined by the Companies Aci 2006. REFERENCE Af4D ADMINISTBATIVE DETAILS Reglstered Comp•ny nwmber 06964297 (England and Wales) Registered Charity number 1136553 Registered offi¢¢ The Corn Hall Si Nicholas Street Dis5 Norfolk IP22 4LB Pa8e 7 The Diss Com Hall Trust ort of the Trusiees forih Y cem er 2020 REFERENCE AND ADMINISTRATIVE DETAILS Trustees Sue Best Aileen Biadley Chris Brown Ray Bryant Richard Budds KaTen Sheen Peier Norn]an Resigned 13.1.20 Chaimian Appointed 27.1.20 Resigned 12.4.21 Treasurer Company Secretary Carole Huni Appointed 8.4.20 Independent examiner Wayne Goddard ICAEW Waveney A¢¢ountants Lid TIA Newman & Co Chartercd Accoun¢an¢S 4b Chur¢h Srr¢et Dis5 Norfolk IP22 4DD Approved by order of the board of trusitts on 19 July 2021 and Signed on its behalf by." Ray Bryant . Chairnian Page 8 Inde ndenr Examlner's R The Diss Corn Hall Trnsi rt t ihe Trustees of Independenl exarnintr's rtpori to the tru$lee$ ofThe Diss Corn Hall Trust ('the CornpaDy'l I report to the charity trustees on my examinaiion of ihe ac¢out)is of the Company for the year ended 31 Decetnber 2020. Responsibilities basis of report As ihe charily's Irusiees of the Company (and a]so its director5 loi the wposes of company law) you are responsible for Ihe preparation of the accoun￿ in ￿COrdance with the re(￿1rtmenIS of the Companies Act 20061.the 2006 Acv). Having sat15fLed tny5el( that the accounts of the Company are noi required to be auditcd under Part 16 of the 2(K)6 Aci and are eligible for independent examinaiion, I report in respect of rny exarnination of your chatity's accounts as ¢arried oui under secrion 145 of ihe Charitie5 Act 2011 {'the 2011 Act.). In tarrying oui my examinaiion I hav¢ follow¢d Ihe Directions given by the Charity ComrniMioA under section 145(5) (b) of the 2011 Act. Independent examiner's $tat¢m¢nt Since your Charity's gross income exceeded.£250.IM)O youi examiner musi be a mem￿[ ol a listed body. I can conr that l am qualifsed io undertake the examinaiion because l am a regisiered member of ICAEW which 15 one of the listed bodies I have ¢ompleted tny exatnination. I confirni thai no matters have Come iomy arwiiion in coDnection with the examination giving me cause to believe". a¢counting records were not kept in rcspect of the Company &$ ￿qUired by section 386 of the 2006 Act- or the accounts do not accord with those ie¢ords." or the accounts do not comply with the accounLLn8 requir¢ments of seclion 396 of the 2(M)6 Act other than any r¢quiremeni ihat the accounts give a true and fair view which is not a mailer ¢onsid¢red as part of independent cxaminaiion," or the accounts have noi been prepared in accordance with the metllods and principles of the Ststement of R¢¢ornmended Practice for accouniing and rep)rting by charities lappli¢able io ¢hariLies preparing (heir accounis in acconjance with the Financjal Reponing Standard applicable in the UK and Republic of Ireland {FRS 102)]. I have no concern5 aMI havc r4)me a¢TOSS no other matters in connection with the exarnination to which attention should be drawn in ihis report in order 10 enable a prow understanding of the accounts to be reached Wayne Goddard FCCA ACA CtA Waveney Accounthnts Ltd TIA Newman & Co Chartcred Accountants 4b Church Streei Diss Norfolk IP22 4DD Date:.I+August 2021 Page 9 e Diss rn Hall Tru Consolidated Siaiement of Financial ActLVlties Includin F r the Year Ended 31 December 2020 Income and Ex diture Account U￿￿tricted fvnds Restricied fvnds JI.12.2020 Totsl funds 31.12.2019 Total fvnds Notes IF4COME AND ENDOWMEIYTS FROM Donations and fundraisin8 Trading operations Charitable activiti Corn Hall operations Grants receivable 12.913 57,323 10.899 23.812 57,323 36,479 74,065 99.202 76.789 99,202 157.679 321.452 15.580 80.890 Tolal 246,226 91.789 338,015 447,576 EXPENDITURE ON Trading expendInJre Chariiable #ctivities 57.322 57,322 6745J Corn Hall optratLOtIs Heritage Triangle project Governance cost5 176,278 54.554 230,832 406,337 4.958 4.958 2,814 Total 238,558 54.554 29J,112 476,604 NET Ir4coMEIIEXPENDITURE) 7.668 37.235 44,903 (29,028) N¢t movement in funds 7,669 37.235 44.904 129,028) RECONCILIATION OF FUNDS Total fund5 brought forw*rd 47,242 145.089 192.331 221,359 TOTAL FUNDS CARRIED FORWARD 54,911 182.324 237,235 192,331 Page 10 The Dis$ Corn Hall Trust Pareni Siatemenl of Financial A for the Year Ended 3 1 December 2020 Includin me and Ex nditure Account Unre$rricred fijnds Restricted funds 31.12.2020 Tothl hjnds 31.12.2()19 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and fundraising Donation from subsidiary Ch4ritable aciivities 12,913 6,612 10,899 23,812 6,612 36,479 7,097 Corn Hall operaiions Grants receivable 99.202 76,789 99.202 157,679 321,452 15,580 80,890 Total 195,516 91,789 287,305 380,608 EXPENDITURE ON Charitable activitles Com Hall operaiions Heritage Triangle project Governance cosis 176.278 54.554 230.832 406.337 4,958 4.958 2,8 14 Total 181.236 54.554 235.790 409,151 NET INCOMEJIEXPENDITUREI 14.280 37,235 51.515 {28,543) Net movement in fund5 14,280 37235 51,515 {28.543) RECONCILIATION OF FUNDS Total funds brought ffjrward 40.741 145.189 185.930 214,473 TOTAL FUNDS CARRIED FORWARD 55,021 182,424 237,445 185.930 Pagell TheDi orn Hall T Consolidated Balance Sheet At 31 December 2020 31.12.20 Total funds 31.12.19 Total funds Unresrricied Resrricted funds funds FIXED ASSETS Tangible assets 12 113.818 128288 141592 14.470 113.818 128.288 141.592 CURREf4T ASSETS St¢xk 391 16,778 391 16,778 672 63.891 66.297 130.860 DebioTS Cash at bank and in hand 14 92.8 68.506 161.306 CREDITORS AmounLS falling due within One y¢ar 52.359 52.359 80.121 NET CUIUiENT ASSETS 40.440 68.506 108 947 TOTAL ASSETS LESS CURREP4T LIABILITIES 54,911 182,324 237.235 192,331 NET AssErs 54.911 182.324 237.235 192.331 FUNDS Unreslricted funds 16 54.911 47.243 Designaied funds Restricted funds 182 324 145 089 TOTAL FUNDS 237 235 192.332 The notes forni part of these fuw)cthl sthiemenLS Page 12 coniinued... The Diss Corn Hall Tru Balan¢¢ Shcct- conlinucd At 31 Decetnber 2020 The charitable company is eniitl¢d to exemption from audit under Section 477 of the Companie5 Act 2006 for the year ended 31 tk¢ember 2020. The members have not required the company to obthin an audii of financial sraiemenis for The year ended 3 1 December 2020 Ln accordance with Section 476 of the Companjes Act 2006. The trustees acknowledge their responsibilities for {a) ensuring that the charitable company keeps accounring rttonls that comply with Seciions 386 and 387 of ihe Companies Act 2006 and Preparing fjnancial siaiements whi¢h give a mie and lair view of the state ofaffairs of the charktable company as at the end of each fLtLancial year and of its Sutplus or defici¢ for each fu)8￿la1 year in accordance with rhe requirements of Se¢iions 394 and 395 and which otherwise comply with the requirements of the Companies Act 21J06 relating LO fLnancial statement5, so far as applicable to the charitable company. (b) These financial stateT¥Lents have been prepared in accordance with the special provisions of Pan 15 of the Companies Aci 2006 relating 10 charitable Small companie5. The finari tatements were approved by the Boatd of T￿￿te¢S on 19° July 2021 and wer¢ signed on its behalf by.. Peter Norman -Tru5tee Page 13 The Diss C Hall T Parent Balan¢¢ Sh i Ai 31 December 2020 Unrestricted nds Restricted 31.12.20 funds Total funds 31.12.19 Tothl ￿ndS FIXED ASSETS Tangible assets So¢ial Jnves¢ments 12 13 14,470 113.818 100 128.288 100 141,592 113 918 128 388 141692 CURRENT ASSETS Debtors 14 27.537 27.537 132 163 69.621 Cash at bartk and in hand 91,193 68.506 159.699 121,032 CREDITORS Amounts falling due within one year 50.642 50.642 76.793 NET CURREf4T ASSETS 109 057 TOTAL ASSETS LESS CURRENT LIABILITIES 55.020 182.425 237.445 185,930 NET ASSETS 182.425 237.445 185930 FUNDS Unrestricted fund5 Designated (￿￿d5 Resiricied funds 16 55.021 40.741 182.424 237.445 145.189 185.930 TOTAL FUNDS Page 14 The Balance Sheei- coniinucd Ai 31 December 2020 The charitable COTnpany is enuiled io exempiion fn)m audit under Sectitin 477 of the Compatties Act 2006 for the yea* ended 31 Decetnber 2020. The members have not required the company to obtain art audit of its financial S(a￿ments for the year ended 31 December 2020 in accordance with Seciion 476 of the Companie5 Aci 2006. The fftis¢ees acknowledg¢ thetr responsibililies for (a) ensuring thai the chariuble company keeps accouniing records thai comply with Sections 386 and 387 of the Companies Act 2006 and preparing fLnan¢ial s¢atements which give a true and fair view of ihe sthie of affaiTS of the charitsble company as al the t[￿ of each fU￿ncIal year and of its surplus or deficit lor each fman¢ial year in ac¢ordan¢e wjih the requiretnenls ofsections 394 and 395 and which othen¥ise comply with the requirements of the Companies Act 2006 relating to financial statements. so far as applicable io the charirable company. (bl These ftnancial sialements have been prepared in accordancc with the special provisions of Part 15 of the Companies Act 2006 relating 10 Chantable srnall companies. The fl siaiements were approved by the Board of on 19 July 2021 and were signed on its behalf by.. Peter NomLan-Trnsiee Page 15 The Diss Corn Hall Trust Note5 to the Financial StateTnents for ¢he Year Ended 31 Dece COMPANY STATUS The wmpany is a private company limited by guarantee. The members of the company include the Trustees named on pa8e 8. In the eveni of ihe company being wound up. the liabiliry in resp￿1 of the guarantee is lirnited io £1 per member of the company. ACCOUNTING POLICIES Basis of preparing the financial stxtements The financial statements of the charithble wmpany, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Repofling by Chariiies." Sthiemeni of Recommended Practice applicable to ¢hatilies preparing their a¢¢ountS Ln accordance with ihe Financial Reporting Standard applirable in the UK and Republi¢ of Ireland (FRS 102) amended for accounting periods ¢ommencing from l January 2019)., Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The fmaFLchal gtaiements have been prepared under the historical cost conven¢ion. The Diss Corn Hall TnLSt meets the definition of a public benefit entity under FRS 102. Ineomt All in¢ome is recognised in ¢he Srameni of Financial Acriviiies once the charity is entitled to the funds, Lt is probable that the income will be rcceived and the amount can be measured reliably. The following specific policies are applied to particular categories o( income. Voluntsry income is received by the way of donaiions and gifLS and is included in tull in the SOFA when receivable Government grdnts are rectsgnised when thtte is evidthKe of eniiilemeni and its amount can be reliably measured. Other gTants al￿ donations are recognised when re¢eiv8ble. Investhient incomt is rec4)rded when receivable. Gift aid reclaimable on donation5 to the charity is included with the amoun¢ re¢eived. Eyptnditure Expendiftlre is recognised in the accounts on an accnjals basis and includes any irrecoverable VAT. Charity expenditure comprises those costs incU￿ed by the clwity in the delivery of its activities and services for lis benefi¢iari¢s. Il includes both costs thal can be allocated directly to such aciivlties and those costs of an indirect nature necessary to support them. AII costs are allocaied bEtwcen the expendiNte caiegories of the SOFA on a basis designed io refleci the use of the resource. Costs relating io a particular aciivity are allocated dire¢ily. others are apponioned on an appn)priate basis. Grants offered subject 10 condilions which have noi been JU￿ OL th¢ Y¢￿-end da￿ are noted a5 a commitment but nor acctued as expendiiure. Tangible fixed a55ets Tangible fLxed a55e15 are 5talcd at historic cosi less a¢¢umu]aied deprt¢iation. tkpreciaiion is ¢al¢ulated so as io write off the costof an assei, less its esiirnated residual value, over the useful econornic life of that asset as follows.. l. Property ImprovernenlS- Straight line to 2045 (end of lease) 2. Fixture and Fittings - BeNeen 3 and 10 yeays 3. Equiptnent - Between 3 and 15 years Investment5 Investmenrs in subsidiaries are valued at CQSt le55 provision for impaimient. Page 16 The Diss Corn Hall Notes to the Financial S¢atements- continued f the Year Ended 31 D em 2020 ACCOUNTING POLICIES- eoni5n¥ed TaxatS0tt The Diss Com Hall is considered ￿ pass the rests sei out in Paragraph I Schedule 6 ofihe Finance Act 2010 and therefore it meets the definition of a charitable company foi the UK CottM)raiion thx purposes. Accordingly. the company 15 Potentially exempt from taxation in respect of Lncome or capital gaLns rtteived within categories covered by Chapter 3 Part I l of the CoTporaLion Tax Aci 2010 or Seciion 256 of the Taxation of Chargeable Gains Act 1992. to the exieni that such income or gains are applied exclusively io charitsble purposes. It is unable to re¢laim value added tsx, which is included under the various relevant expendiDJre headll￿s. Fund •c in either year. PeTsonnel and 5UPtK)rtin8 sthff comprised the Ttu$tees. the ArtiSii¢ Programme Manager. Operaiional Manager and Duty Managers, Cafc Manager and staff. ETnoluments paid ro members of the key managemenr perso[￿e1 totalled £76,768 {2019-. £94,845), including social security £5859 and pensions £2061. Page 20 Th Disscorn Hall T Noies io the Financial Statements- continucd for the Year Ended 31 December 2020 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricied funds De5ignatcd funds Restricied ￿ndS 31.12.2019 Total funds Notes INCOME AND ENDOWMEIYTS FROM Donaiions and fundraising Trading operations 18.278 74.065 14.567 3.634 36,479 74.065 Charitable •ctiv5ties Corn Hall operations 321,452 321,452 Grants receivable 6,500 420.295 9.080 12.714 15,580 447,576 Tot41 14.567 EXPENDITURE ON Trading expendiwre Ch*rltable attivities 67.453 67,453 Corn Hall operations Heritage Triangle proj¢¢t Govemance costs 350,397 29.673 26.267 406.337 2.814 2.814 Total 420.664 29.673 26.267 476,604 NET INCOME/(EXPENDITURE} (369) (15.106} {13,553) 129,028) Net movement in fllnds (369) (15,1061 (13,553) (29,0281 RECONCILIATION OF FUNDS Tot•l funds brought forward 47.611 15.106 158,642 221,359 TOTAL FUNDS CARRIED FORWARD 47,242 145,089 192,331 Page21 Th Diss Corn Hall Twsi Noies to the Financial Siaiernents - continued for the Year Ended 31 December 2020 11. TANGIBLE FIXED ASSETS Plan( and ￿￿chInery Cost Ai l January 2020 Additions 266.037 12.514 At 31 December 2020 278 551 DepreelAtio At l January 2020 Charge for the year 124,445 At 31 December 2020 150 263 Net Book Value At 31 December 2020 128288 At 31 December 2019 141,592 13. FIXED ASSET INVEKfMEf4TS Share$ in group undertakings MARKET VALUE Ai l January 2020and 3 1 December 2020 100 NET BOOK VALUE Ai 3 l December 2020 loo At 31 December 2019 100 There were no investment assets outside the UK. The Company's invuiments at the balartce sh¢ei dale m the share capitsl of companies include the following.. The New Diss Corn Hall Lid Regisiered office." The Com Hall. St Nicholas Si. Diss. IP22 4LB Nature of busirt¢ss'. Operaiion of the Corn Hall_ Company Registration No.07117780 Class of share: Ordinary % holding 100 31.12.20 31.12.19 Aggregare capitsl and reserve5 ProfLtI(loss) for the year Atnount donated to parent chan.ty Nei result (li) (6,612) 6,601 6.611 (7.097) 66121 The subsidiary donaied 2019 thxable profi￿ ro The Diss Corn Hall Tn￿ within 9 monrhs of the year-end. Page 22 The Dis5 Corn Hall Trust Notes to the Financial Statetnents- colliinued for the Year Ended 31 December 2020 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.20 31.12.19 Consolidated Trade Debtors Other debtor5 4,200 7,495 5.083 8,886 41,297 13.808 Prepayments and accThed income PAr¢Dt Trade Debtgrs Arnount owed by subsidiary company Othei debio 4,2 10,759 7.495 4,210 10,306 41.297 Pr¢payments and accrued income 15. CREDITORS: AMouf4TS FALLING DUE ￿THIN ONE YEAR 31.12.20 31.12.19 Consolidated Trade creditors and accruals 30,548 2,589 19.222 52.359 51,454 2,797 25.870 80.121 Social Security and other taxes Deferred income Parent Trade creditors and accruals 28.831 2,589 48.127 2,797 25.870 76.794 Social Security and other tax&% Deferred in¢ome Deferred in¢ome Comprises ii¢k¢t sales for events after tht balanct shett date. Page 23 The Di Corn Hall Tru Notes to ihe Financial Statements- tontinued for the Year Ended 31 December 2020 16. MOVEMENT IN FUNDS Nei movement Transfe iti funds bthveen funds Ai l.l.20 At31.12.20 Unrestricted funds Unre51rictrd 47.242 7.669 54.911 Resirieted funds Heritage Triangle Project Culnlre Recovery Futld Heart & Art Outreach Programme 133.409 (24.095) 24.455 36.875 37,235 109.314 24,455 48,555 182,324 11.680 145.089 TOTAL FUNDS 192331 237 235 The Heart and Art outreach programme aims io deliver free or Iow-CQSt aciivities to itnprove the wellbeing of key groups of peopl¢. The Herriage Triangle Proje¢1 fund holds the remaintng from the refurbishment of the Corn Hall, mostly represented by the tangible fixed as5eis owned by the charity. The Culture Recovery Fund is an Ans COU￿11 grant io wver the nei Tunning costs of our programme from October 2020 March 2021, allowing us io Support our community, retsin staff and plan for our future. Ner movement in fvnds. included in the 8t￿¢ are as follows: Jn¢oTning resources Resources expended Movement in fvnds Vnrestricttd funds Unrestricted 246.226 (238.558) 7.669 Restrieied fullds Heart & Art PtogTamme Culture Reeovery Fund Heritage Trian8le Project 42.334 49.455 {5.4591 125,000) 36,875 24,455 91.789 54,554 37.235 TOTAL FUNDS 338,015 293.112 Page 24 Notes lo the Financial Statements- continued for the Year Ended 31 Decembei 2020 16. ' MOVEMENT IN FUNDS- Comparative for movement in fund5 Net nwvcrnent Transfers in funds between funds At 31.12.19 Unrestricted funds Unrestricted 47.611 (369) 47.242 De$igDated funds General designated 15.106 (15,106) Restri¢¢td funds Heritage Triangle Project Heart & Art Outreach Progranjmc 158,642 {25,233) 11,680 {13.553) 133,409 11.680 145,089 158.642 TOTAL FUNDS 221359 29.028 192331 Compardtive net movement in funds. included in the above are &s follows". Incoming resouy¢es Resources Movement in expended nds Unrestrieted funds UnrestriCLed 420.295 (420.664) (369) Designated funds General designaied 14,567 (29,673> {15.1061 Restrieied funds Hean & An Programme Heriia8e Triangle Project 12,714 (1,0341 11.680 25,233 13 5531 TOTAL FUNDS 447,576 476.604 29.028) Page 25 The m Hall Trust N t lo the Financial Statcmcnts. conlinued for the Year Ended 31 December 2020 17. RELATED PARTY TRANSACTIONS There were no rela*d party transactions during (he year. The twst is ¢ontrolled by the direciors and trustees as clectcd by ihe mcmbers of the cotnpany. MetnbeTship is open io any individual. Members ale entitld to vole and mCTnbership is free but requires the acceptsnce of the £10 guarantee payable in the event of a winding-up. Members of the public may also join as Friends of the Diss Corn Hall who pay an annual sub5CriPtion and receive some discounts on ticke￿. Friends are not company metnEcr5, are not enlitled to vole and arc ntst rcquired to provide a £10 guarantee. The company occupies the Diss Corn Hall which is a public building belonging to Diss Town Council 18. GOVERNANCE COSTS 31.12.20 31.12.19 Corn Hall Operations AccountinÈ software Payroll processing Independent examination 483 1.975 607 507 Page 26