2021-03-31-accounts

Contents		Page
General information		1
Chairman's Statement		2-7
Trustees Report		8-18
Independent Auditor's Report		19-22
Consolidated Statement of Financial Activities		23
Consolidated Balance Sheet		24
Charity Balance Sheet		25
Statement of Cash Flows and Consolidated	Statement of Cash Flows	26
Notes to the Financial Statements		27-39

Donations	made to The Stag	made to The Stag
Government	(theatre)		f444,395	(plus f211,908 in 2021-2022)
Government	(Furlough	Scheme payments)	E209,402	(plus f65,275 in 2021-2022)
Sevenoaks	Town Council		E125,000
Public Appeal			E75,000
Ticket refund donations			E29,000
Live on the	Vine		E10,500
Plaza Doors			f9,900	(Theatres Trust & Enovert Grants)
Government	(cinema)		f9,800
			E2,000
Friends ofStag			E2,500
HMRC Gift	Aid		E6,000
Sevenoaks	District Council		f25,000

	202	2020
Turnover	E1,027,453	E1.,115,571
Net income (before transfers)	E84,170	(E1,497)
Contdibution to Project Reserves	E30,000	ENi I
Operating Surplus / (Deficit)	54,170	(EZ,497/
Funds at 31March 2021	E375,705	EZ91,535
Available Project Reserve funds after ongoing commitments for im rovements to the buildin	5223,259	E143,259

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					STAG COMMUNITY	STAG COMMUNITY	STAG COMMUNITY	ARTS CENTRE	ARTS CENTRE
					CONSOLIDATED		BALANCE SHEET
					AS AT	31MARCH 2021
					Company	number 07090305
									2021	2020
								Notes	E	6
Fixed Assets
Intangible		assets						14		25
Tangible	assets							15	137,703	126,491
									137,703	126,516
Current	Assets
Stock									3,902	6,870
Debtors								17	208,589	37,481
Cash at	bank		and	in	hand				318,174	422,048
									530,665	466,399
Current	Liabilities
Creditors:		amounts			falling due within one year			18	(292,663)	(301,380)
NET CURRENT ASSETS									238,002	165,019
NET ASSETS									375,705	291,535
FUNDS
Restricted		funds						19	20	20
Designated		funds						19	101,733	102,931
Unrestricted			funds					19	273,952	188,584
									375,705	291,535

			STAG COMMUNITY ARTS CENTRE	STAG COMMUNITY ARTS CENTRE	STAG COMMUNITY ARTS CENTRE
				CHARITY BALANCE SHEET
				AS AT31MARCH 2021
				Company	number 07090305
					Notes	2021 E	2020f
Fixed Assets
Intangible	assets				14		25
Tangible assets					15	137,703	126,491
Investment					16	100	100
						137,803	126,616
Current Assets
Stock						3,902	6,870
Debtors					17	208,589	37,481
Cash at bank		and in	hand			318,074	421,948
						530,565	466,299
Current Liabilities
Creditors:	amounts		falling due within	one year	18	(292,663)	(301,380)
NET CURRENT ASSETS						237,902	164,919
NET ASSETS						375,705	291,535
FUNDS
Restricted	funds				19	20	20
Designated	funds				19	101,733	102,931
Unrestricted		funds			19	273,952	188,584
						375,705	291,535

								Group	Group			Charity	Charity
								2021		2020	2021			2020
							Notes	6		E	6			6
Cash used in operating		activities					23	(60,242)		96,141	(60,242)			96,161
Cash flows from investin~
Interestincome								141		761		141		761
Purchase ofintangible		fixed assets
Purchase oftangible	fixed		assets					(43,773)		(36,099)	(43,773)			(36,099)
Cash provided by (used in) investing					activities			(43,632)		(35,338)	(43,632)			(35,338)
Cash used in financing		activities
Increase/(decrease)	in	cash and		cash	equivalents	in the	year	(103,874)		60,803	(103,874)			60,823
Cash and cash equivalents			at the	beginning ofthe		year		422,048		362,245	421,948			361,125
Total cash and cash	equivalents			at the end ofthe		year		318,174		422,04B	318,074			421,94S
					ANALYSIS		OF CHANGES	IN NET DEBT
								At	Cash	Flows	Other	non-		At
								1April 2020			cash changes		31	March 2021
Group								E		E	E			E
Cash and cash equivalents
Cash								422,048		(103,874)				318,174
Cash equivalents
Total								422,048	-	103,874				318,174
								At	Cash	Flows	Other	non-		At
								1April 2020			cash changes		31	March 2021
Charity								E		E	E			E
Cash and cash equivalents
Cash								421,948		(103,874)				31&,074
Cash equivalents
Total								421,948	-	103,874				318,074

					2021	2020
					E
	Turnover				46,769	774,603
	Cost ofsales and administration		costs		(44,295)	(740,523)
	Profit for the financial year				2,474	34,080
	Distribution	—Gift Aid			(2,474)	(34,080)
	Profit for the financial year after		distribution
	Aggregate	share capital and reserves			100	100
3	Donations
					2021	2020
					E	E
	Donations	from Trusts, Foundations		and Councils	302,947	54,465

		Unrestricted	Unrestricted
		Funds	Funds
		2021	2020
		E	E
Performance	and Hire	10,684	163,343
Community	Cinema	4,529	56,533
Bars and Catering		Sp584	57,723
Youth Outreach		3,002	8,143
		23,799	285,742

	Theatre
	Performance		Youth	Bars and	2021	2020
	and Hire	Cinema	Outreach	Catering	Total	Total
	f	f		E	E	E
Direct staff costs	224,484	134,094		33a257	391,835	95,794
Other direct costs	25,921	13,460		6,785	46,166	58,492
Depreciation	29,735	1,721		1,129	32,585	35,704
Governance	13,120				13,120	9,998
Support Costs	188,955	149,537	19,692	57,098	415,282	176,557
	482,215	298,812	19,692	98,269	898,988	376,545

			Theatre
			Performance		Youth	Bars and	2021	2020
			and Hire	Cinema	Outreach	Catering	Total	Total
			f	f	E	f	f	f
Costs			(482,215)	(298,812)	(19,692)	(98,269)	(898,988)	(376,545)
Hire and ticket sales			10,684	4,529	3,002		18,215	228,019
Food and drink sales						5,584	5,584	57,723
Net cost funded		from
other income			(471,531)	(294,283)	(16,690)	(92,685)	(875,189)	(90,8031
Analysis of	support costs
			Theatre
			Performance		Youth	Bars and	2021	2020
			and Hire	Cinema	Outreach	Catering	Total	Total
			E	f	f	E	f
Establishment	expenses		130,773	99,149	11,387	38,466	279,775	70,215
Wages and salaries			35,518	33,550	6,348	12,023	87,439	87,010
Ocherstaif costs			875	650	76	256	1,857	969
General office	costs		21,789	16,188	1,881	6,353	46,211	18,363
			188,955	149,537	19,692	57,098	415,282	176,557
								Page 31

						Unrestricted	Unrestricted
						Funds	Funds
						2021 f	2020f
	External	auditor remuneration				13,120	9,998
						13,120	9,998
10	Net income/(expenditure)			for the year
						2021 f	2020f
	This isstated		after charging:
	Depreciation					32,561	35,407
	Amortisation					25	297
	Auditor's	remuneration
			Audit fees for current year			10,000	9,000
			Audit fees for subsidiary		undertaking	2,500	2,500

	2021 f	2020f
Wages and salaries	447,633	426,826
Socialsecurity costs	25,389	26,091
Pension costs	6,251	6,304
	479,273	459,221

	2021		2020
	Number		Number
Operations		15	15
Finance		3	3
Events and Marketing		5	4
			22

		Software
		f
Cost
At 1April 2020		1,518
Additions
Disposals
At 31March	2021	1,518
Amortisation
At 1April 2020		1,493
Amortisation	expense	25
Disposals
At31March	2021	1,518
Net book value
At 31March	2021
At31March	2020	25

Tangible fixed assets - Chari	ty (also comprising that of	the group)
		Venue
	Leasehold	Fittings &
	improvements	Equipment	Total
	E	f	E
Cost
At 1April 2020	86,795	255,486	342,281
Additions		43,773	43,773
Disposals
At 31March 2021	86,795	299,259	386,054
Depreciation
At 1April 2020	32,843	182,947	215,790
Charge for the year	8,680	23,881	32,561
Disposals
At 31March 2021	41,523	206,828	248,351
Net BookValue
At 31March 2021	45,272	92,431	137,703
At31March 2020	53,952	72,539	126,491

Debtors
				Group		Charity
				2021	2020	2021	2020
				E	f	E	f
Trade debtors				15,001	4,359	15,001	4,359
Otherdebtors				35,063	5,936	35,063	5,936
Prepayments	and accrued income			158,525	27,186	158,525	27,186
				208,589	37,4B1	208,589	37,481
Creditors: amounts		falling due within one year
				Group		Charity
				2021	2020	2021	2020
				E	f	f	E
Trade creditors				49,526	42,513	49,526	42,513
Taxation and	social	security costs		9,593	24,126	9,593	24,126
Other creditors				75,435	184,186	75,435	184,186
Accruals and	deferred		income	158,109	50,555	158,109	50,555
				292p663	301380	292p663	3013BO

Analysis	ofcharitable fu	ofcharitable fu	ofcharitable fu	nds
Analysis	ofmovements			in unrestricted	funds
					Funds				Funds
					1April	Incoming	Resources		31March
					2020	resources	expended	Transfers	2021
					f	E	E	E	E
GeneralFund					45,325	799,039	(698,671)	(95,000)	50,693
General	Dilapidatians		Fund		143,259			80,000	223,259
Designated		Cinema projector Fund			20,000			15,000	35,000
Designated		Property	Assets Fund		82,931		(16,198)	-	66,733
					291,515	799,039	(714,869)	-	375,685
Analysis	ofmovements			in unrestricted	funds -	previous year
					Funds				Funds
					1April	Incoming	Resources		31March
					2019	resources	expended	Transfers	2020
					f	f	f	f	f
General	Fund				39,270	1,106,711	(1,078,278)	(22,378)	45,325
General	Dilapidations		Fund		131,449		(3,190)	15,000	143,259
Designated		Cinema	Projector Fund		15,000			5,000	20,000
Designated		Property	Assets Fund		103,689		(23,136)	2,378	82,931
					289,408	1,106,711	(1,104,604)	-	291,515

Analysis ofmovements	Analysis ofmovements	in restricted	fund
			Funds					Funds
			1April		Incoming	Resources		31March
			2020		resources	expended	Transfers	2021
				6		E	E	E
Fixed asset donations				20				20
CJRS claims					209,402	(209,402)
Outside door replacements					9,706	(9,706)
Covid 19health	and safety				9,306	(9,306)
				20	228,414	(228,414)		20
Analysis ofmovements		in restricted	fund	- previous year
			Funds					Funds
			1April		Incoming	Resources		31March
			2019		resources	expended	Transfers	2020
				f	E	f	E	E
Fixed asset donations				94		(74)		20
Limelight room				3,530		(3,330)
Upper Foyer carpet replacement					8,860	(8,860)
				3,624	8,860	(12,464)		20

Group
		Restricted	Unrestricted	Total
		funds	funds	funds
				2021
				6
Fixed assets		20	137,683	137,703
Current	assets		530,665	530,665
Current	liabilities		(292,663)	(292,663)
		20	375,685	375,705

Group
		Restricted	Unrestricted	Total
		funds	funds	funds
				2020
				f
Fixed assets		20	126,496	126,516
Current	assets		466,399	466,399
Current	liabilities		(301,380)	(301,380)
		20	291,515	291,535

Charity		Restdcted	Unrestricted	Total
		funds	funds	funds
				2021
		E	E	E
Fixed assets		20	137,783	137,803
Current	assets		530,565	530,565
Current	liabilities		(292,663)	(292,663)
		20	375,685	375,705

Charity		Restricted	Unrestricted	Total
		funds	funds	funds
				2020
		E	E	E
Fixed assets		20	126,596	126,616
Current	assets		466,299	466,299
Current	liabilities		(301,380)	(301,380)
		20	291,515	291,535

				Group		Charity
				2021	2020	2021	2020
				6		6	f
Net movement in	funds			84,170	(1,497j	84,170	(1,497/
Add back amortisation		charge		25	297	25	297
Add back depreciation		charge		32561	35407	32,561	35,407
Deduct interest income		shown	in investing	(141)	(761j	(141)	(761j
Decrease/(increase)	in	stock		2,968	(89)	2,968	(89j
Decrease/(increase)	in	debtors		(171,108)	5,661	(171,108)	5,661
Increase/(decrease)	in	creditors		(8,717)	57,123	(8717)	57243
Net cash used in operating activities				(60,242)	96,141	(60,242)	96,161