2023-03-31-accounts - Mitchell Memorial Youth Arts Centre Ltd

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				Pages
Report ofthe	Trustees			1 to 10
Independent	Auditors'	Report Statement of	Financial Activities	11to 14
(incorporating	the Income and expenditure		account)	15
Balance Sheet				16
Statement of	Cash Flows			17
Notes forming part of		the financial statements		18to 31

	For	the year ende	d 31 March 202	3
			Unrestricted	Restricted	2023 Total	2022 Total
			Funds	Funds	Funds	Funds
		Note	6	6		6
Income from Donations and Legacies Other trading activities			90,000 102,565	44,678	134,678 102,565	142,412 46,689
Charitable activities Programming Provision ofTheatre Activities Interest received Totallncome			334,865 131,829 453 659,712	44,678	334,865 131,829 453 704,390	156,674 94,801 85 440,661
Expenditure on raising funds		10	108,130		108,130	70,531
Charitable activities Programming Operation ofTheatre Total expenditure		10 10	296,815 234,981 639,926	40,028 40,028	296,815 275,009 679,954	142,875 174,273 387,679
Net income I(expenditure)			19,786	4,650	24,436	52,982
Gross transfer between funds		18
Net movement in funds			19,786	4,650	24436	52982
Fund balances st the beginning	ofthe year	18	5,027,744	4,589	5,085,315	5,032,333
Fund balances at the end of	the year	18	5,047,530	9,239	5,109,751	5,085,315

		2023	2022
	Note		6
Cash flows from operating activities Net cash generated from activities	22	15,233	61,661
Cash flows from investing activities Payments to acquire tangible fixed assets	14	(655)	(902)
Net cash flow from investing activities
Net increase in cash and cash equivalents		14,578	60,759
Cash and cash equivalents at 1 April 2022		324,761	264,002
Cash and cash equivalents at 31March 2023		339,339	324,761

Donations and legacies
	Unrestricted	Restricted
	funds	funds	Total
	2023 f	2023 6	2023 6
individual donations Government grants Grants —Other agencies	90,000 90,000	38,178 6,500 44,678	38,178 96,500 134,678
	Unrestricted	Restricted
	funds	funds	Total
	2022	2022	2022
	6	6	6
Individual donations Government grants Grants —Other agencies	1,100 90,000 91,100	1,500 50,062 (250) 51,312	2,600 50,062 89,750 142,412

				Unrestricted	Unrestricted
				funds	Funds
				2023	2022
Cafa	/	bar sales		101,078	46,180
Other		trading	income	1,487 102,565	509 46,689

Income from charitable activities —programming
	Unrestricted	Unrestricted
	funds	funds
	2023	2022
	8	6
Ticket sales Programming	319,226 15,639 334,865	150,322 6,352 156,674

7	Income from charitab	le	activities —hire oftheatre facilitie	s
						Unrestricted	Unrestricted
						Funds	Funds
						2023	2022
						6
	Hire of auditorium, dance		studio and provision of educational	facilities		118,985	86,941
	Meeting room hire					12844 131,829	7860 94801
8	Analysis ofexpenditure		by activity
	Charitable activities				Direct costs	Support costs	Total
	2023				2023	2023	2023
						f	8
	Donations and legacies					52,615	52,615
	Other trading activities				108,130	40,069	148,199
	Programming				296,815	130823	427 638
	Provision oftheatre activities					51,502	51,502
	Interest received
	Total				404 945	275009	679954
	Charitable activities				Direct costs	Support costs	Total
	2022				2022	2022	2022
					6
	Donations and legacies					56,332	56.332
	Other trading activities				70,531	18,468	88,999
	Programming				142,875	61,974	204,849
	Provision oftheatre	activities				37,499	37,499
	Interest received
	Total				213,406	174273	387 679

nalysis of expenditure by fund type
	Restricted	Unrestricted
Charitable activities 2023	Reserves 2023	Reserves 2023 f	Total 2023
Donations and legacies	40,028	90,000	130,028
Other trading activities		108,130	108,130
Programming		296,815	296,815
Provision oftheatre activities		144,981	144,981
Interest received
Total	40 028	639926	679954
	Restricted	Unrestricted
Charitable activities 2022	Reserves 2022	Reserves 2022 f	Total 2022 6
Donations and legacies		90,000	90,000
Other trading activities		70,531	70,531
Programming	1,595	141,280	142,875
Provision oftheatre activities		84,273	84,273
Interest received
Total	1,595	386,084	387679

Analysis ofexpenditure:
		Unrestricted	Restricted
		funds	funds
		2023	2023	Total
Expenditure on fundraising Employment costs Supplies Licenses		6 61,178 46,772 180		6 61,178 46,772 180
		108,130		108,130
Charitable activities —programming Employment costs Performance costs		32,027 5,456		32,027 5,456
Bad debts
Ticket costs		9,957		9,957
Ticket settlements		249,375		249,375
ELSProject costs		29,815		296,815
Charitable activities —theatre facilities
Employment costs Building running costs Depreciation Professional fees and governance Consultancy fees Admimstration costs		69,519 93,843 10,433 3,950 4,133 53.103	38,178 1,850	69,519 132,021 10,433 3,950 4,133 54,953
		234,981	40,028	275,009
Analysis ofexpenditure	—31 March 2022:
		Unrestricted	Restricted
		funds	funds
		2022	2022	Total
Expenditure on fundraising Employment costs Suppkes Licenses		E 45,958 24,393 180	E	6 45,958 24,393 180
		70,531		70,531
Charitable activities —programming Employment costs Performance costs		25,359 757	1,595	25,359 2,352
Bad debts Ticket costs		5,661		5,661
Ticket settlements		109,504		109,504
ELS Project costs		1 1,280	1,595	42,875
Charitable activities —theatre facilities Employment costs Building running costs Depreciation Professional fees and governance Consultancy fees Administration costs		59,406 54,231 10,497 3,450 3,580 43,109		59,406 54,231 10,497 3,450 3,580 43,109
		174,273		174,273

Analysis ofstaff costs, trustee remuneration and key	management personnel
	2023	2022
	E	E
Wages and salaries Social security Pension cost	112,638 3,478 1,858 117,974	104,963 3,469 1,744 110,176

The total nu	mber of em	ployees (in	duding part time staff) during the year was as	follows:
					2023	2022
					4	4
Fundraising	and trading
Management	and administration
Movement	in total funds for the		year is stated after charging:
				2023		2022
				E		E
Auditors' remuneration Depreciation of tangible Operating lease rentals		—external audit fixed assets		3,950 10,433 1,320		3,450 10,497 2,167

14	Tangible fixed asset	s			Furniture,
				Freehold
				interest in	fixtures 8	Computer
				buildings	fittingsf	Equipment	6	Total f
	Cost
	As at 1 April 2022 Additions			4,792,597	93,233 655	19,785		4,905,615 655
	As at 31 March 2023			4,792,597	93,888	19,785		4,906,270
	Depreciation As at 1 Apnl 2022 Charge for the year As at 31 March 2023			9,260 1,852 11,112	64,508 8,008 72,516	18,149 573 18,722		91,917 10,433 102,350
	Net book value
	As at 31 March 2023			4,781,485	21,372	1,063		4,803,920
	As at 31 March 2022			4,783,337	28,725	1,636		4,813,698
15	Stock
						2023f		2022f
	Goods held for resale					3,000		3,000
16	Debtors
						2023f		2022f
	Trade debtors					8,815		6,068
	Other debtors							7
	Prepayments and accrued income					1,732 10,547		2,983 9,058
17	Creditors: amounts	faging due	within one year
						2023f		2022f
	Trade creditors					22,469		11,003
	Other creditors and accruals					24,587		54,199
						47,056		65,202
	Deferred income
	Deferred income at 1 April Resources deferred during the year Amounts released from previous year Deferred income at 31 March					8,647 9,841 (8,647) 9,841		8,167 8,647 (8,167) 8,647

	Balance at 1 April 2022 E	Income f.	Expendituref	Transfer between funds f	Balance at 31 March 2023 f
Unrestricted funds
General fund and non- charitable trading funds	297,389	659,712	638,075		319,026
Designated funds Designated funds	4,783,337		1,852		4 781 485
Restrictedfunds Kitchen Project ELS Mayors Fund UK Youth Generate Fund Stoke on Trent Council National Heritage Fund Partners on creative learning	500 1,239 250 2,400 200 4,589	38,178 6,500 44,678	38,178 1,850 40,028		500 1,239 250 2,400 4,650 200 9,239
Total	5,085,315	704,390	679,955		5,109,750
Analysis offund movements	—March 2022
	Balance at 1 April2021 E	Income f	Expenditure E	Transfer between funds E	Balance at 31 March 2022 f
Unrestricted funds
General fund and non- charitable trading funds	242,555	389,349	384,232	49,717	297,389
Designated funds Designated funds	4,785,189		1,852		4,783,337
Restricted funds Kitchen Project ELS Msyors fund UK Youth Generate Fund YMCA Fund	500 1,239 250 2,400	(250)		250	500 1,239 250 2,400
Coronavirus Job Retention Scheme Cultural Recovery Fund Partners on creative learning	200 4,589	50,062 1,500 51,312	1,595 1,595	(50,062) 95 (49,717)	200 4,589
Total	5,032,333	440,661	387,679		5,085,315

Analysis of net as Analysis ofnet as
	Restricted funds	Designated funds	General funds	Total
		E	E
Tangible fixed assets Current assets Creditors: amounts falling due within one year	9,239 9,239	4,781,485 4,781,485	22,435 343,647 (47,056) 319,026	4,803,920 352,886 (47,056) 5,109,750

		Restricted funds	Designated funds	General funds	Total
		E	E	E	E
Tangible fixed assets Current assets Creditors: amounts falling due within one year		4,589 4,589	4,783,337 4,783,337	30,361 332,230 (65,202) 297,389	4,813,698 336,819 (65,202) 5,085,315

		2023	2022
		E	E
Net movements in funds		24,436	52,982
Add back depreciation	charge	10,433	10,497
Add back loss on disposal ofassets Movement in stock			(3,002)
Movement in debtors		(1,490)	(7,028)
Movements in creditors		(18,146)	8,209
		15,233	61,661

				1 April		31 March
				2022	Cash flows	2023
				E		E
Cash	and	cash	equivalents	324,761 324761	14,578 14578	339,339 339,339

		2023	2022
		E	E
Amounts Within 1 Between	payable year 1 and 5years	1,320 1,320
		2,640