##
|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|
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|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||
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||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|
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||||||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|
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|||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|
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##
|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|
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|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|
##
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|||||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|
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