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2021-02-28-accounts

Contents
Chair's Introduction .
Artistic Director's Introduction.
Reference and Administrative Details
Our Mission
2020-21 in Numbers.
Achievements
in 2020-21.		 8
Surviving
and Thriving		 8
Making Theatre Playable 8
Andover Space Programme 9
Chorus Project 9
DARE Festival 5 10
Strategic Plan and Progress. . 12
Producing
Programme		 12
Community 12
Digital Theatre 13
Financial
and Governance		 13
Stafgng, Artists and Training 14
Financial Statements
forthe		 year 2020-2021.. 15
Structure, Governance
and		 Management 15
Exemptions
from disclosure		 15
Funds held as custodian trustee on behalf ofothers 15
Statement ofFinancial Activities..... ...17
Balance Sheet. 18
Statement ofFinancial Activities 2020 . 19
Notes tothe Financial Statements for the year ended 28 February 2021... ...20
1.
Accounting
Policies		 20
2.
Voluntary
Income		 21
3.
Fundraislng
Income		 21
4.
Investment
Income		 21
5.
Incoming Resources		 from Charitable Activities 22
6.
Analysis of Resources		 Expended by Expenditure Type 22
7.
Costs ofGenerating		 Voluntary Income 22
8.
Analysis of Resources		 Expended by Activities 22
9.
Direct Costs		 23
10.
Support Costs		 23
11.
Governance
Costs		 23
12.
Trustees and Related Parties		 24
13.
Debtors		 24
14.
Creditors: Amount		 Falling Within One Year 24
15.
Loans		 24
16.
Statement of Funds		 25
17.
Analysis of net assets between		 funds 25

Restrkted Unrestrtcted Total Total
Note Funds Funds Funds
2021 2021 2021 2020
INCOMING
RESOURCES
Incoming
resources from		 generated funds:
Volunt ary mcome 2,341 2,341 1,700
Activities for generating funds 0
Investment
income		 0 0
Incoming
resources from		 charitable
acthnties 5 35,604 11,229 46,833 55,815
TOTAL INCOMING
RESDURCES		 35,604 13,570 49,174 57,515
RESOURCES EXPENDED
Cost ofgenerating
funds;
Costs ofgenerating
voluntary		 Income
Charitable
activities		 35,604 454 36,058 70,908
SUpport costs 10 2,993 2,993 11,810
Governance
costs		 553 553 474
TOTAL RESOURCES EXPENDED 6/8 35,604 4,000 39,604 83,192
Net Income/(Expenditure) before transfer 9470 9,570 (25,677)
Transfer between
funds		 15
NET MOVEMENT IN FUNDS 0 9070 9,570 (25,677)
TOTAL FUNDS AT29FEBRUARY 2020 (3,502) (3,502) 22,175
TOTAL FUNDS AT 28 FEBRUARY 2021 0 6,068 6,068 (3,502)

z. Voluntary
I		 ncome
Restricted unrestricte Toed Total
Funds Funds Funds
2011 2011 1011 1010
E 1 E f
2~2 2~2
g. Fundraising Income
Restricted Unrestricted Total total
Funds Funds Funds Funds
2021 2021 2021 2020
E E E E
Fundraisinf income
4. Investment Income
Restricted Unrestricted Total Tot aI
Funds Funds Funds Funds
2021 2021 2021 2020
E E f E
oeposl'i accoun'i letruest

s.
Incomin		 g
Resources fr		 om Charitable
A		 ctivities
Ttrtal Total
punch Funds Funda Funds
2021 2021 lOll 2020
E E 6
Grants from European Union 19,350
Grants from Armcounml England 14,029
Grants from trode and 4undettons 4.500
Income Irom puductkm partners 2,500 4,792
luorashop
Iem
Conmltancp
Iem		 75
Crowdlund 46campaNns
llchet sa4s 1,021
progmni rrioro4S
Thestm Tm l4llef 8,154 ~,154 8,073
Incoming
Commlmkms		 and Fess 5.490

G. Analysis of Resou rces Expended
by		 Expend iture Type
Direct
Costs Support Costs Total Costs Total Costi
2021 2021 2021 2020
6 5 E
Chsntableactivities 36,058 2,993 39.051 82,718
Governance 553 553 474
36,058 3,546 83,192

7. Costs ofGenerating
V		 oluntary
Inco		 me
Restrlcted Unrestricted Tcnsl Total
Funds Funds Funds Funds
2021 2021 2021, 2020
E E 6 E
StaffCosts
a. Analysis of Resources Expended
by		 Activities
Actlvltles
Stag Undofmksin Support Total Total
Costs directly Casts
2021 2021 2021 2021 2020
E E E E E
Charitable activities 36,058 2,993 39,051 82,718
39,051 82,718

s. Direc t C osts
2021 2020
6 6
Accessibility 261 282
Commisuons 6,000 6,000
Computer
Equipment		 160
Contingency 87
Eiectromc Equipment 564
Freelance fees 28,167 46,041
Hospitality 59 590
Marketing 534 2,970
Phydcal production costs 593 4,385
Rehearsal Space 186
Speaker Fees
Subsistence 697
Theatre Tickets
Training 37
Tl'Bnspolt
Travel &accommodation 9,069
Venuecharges
36,058 70,908
20. Support Costs
2021 2020
E E
Accounting
software		 328 312
Bank Charges ~2
Computer
Soffware		 831 150
Core Marketing 87
Oepreciatlon
FreelanceStaff 5,740
Fundraislng 3,119
General Administration 119 121
IETM Membership 123 106
Information
Commissioner		 35 40
Insurame 1,071 1,002
ITC Membership 444 281
OfliceSpace 650
StaffTravel, Accommodation and Subsistence 91
Stationery (9)
Tramlng
Volunteer
Expenses		 120
2,993 222I10
22. Governance Costs
Restl'Icted Unrestricted Total Total
Funds Funds Funds Funds
2021 2021 2021 2020
E E E E
Governance 553 553 474
553 553 474

ig. D ebtors
2021 2020
6 E
trade Debtors
Other debtors 2,769 4,979
Prepayments and accrued income
24. Creditors: Amount Falling Within One Year
2021 2020
6 E
Accounts payable 7,410 2,146
2,146
is. Loans
2021 2020
6 E
Director Loan 10,000 10,000
10,000 10,000

2s. Statement of Funds
BroUght Incoming Resoufces Transfer» Cerned
forward msoUrce5 expended forward
5 5 5
UNRESTIUCTED FUIBIS
GENERAL FUND -3,502 13,570 (4,000 6,068
RESTIIICIED FUNDS
ArtsCoundl
England
CRF:Core 11,470 (11,470)
CRF.TheChorus Project 7,334 (7,334)
DARE Festival
5		 15,000 (15,000)
Unity Theatre Trust
DARE Feshval 5 BDD (800)
The Chorus Proiact 1,000 (1,000)
TOTAL RESTRICTED FUNDS 35,604 35,6D4
TOTAL OF FUNDS (3~02) 49,174 N9,604) 6,068

Brought Incoming Resources Resources Transfers Carried
forward r e so U rce5 mp end ed In/out forward
E 5
General funds (3,502) 13,57D l4,000) 6,068
Restricted funds 35,604 (35,604)
TOTALOFFUNDS ~502 6068

Restf feted Ufff'astrfct'ed Total Total
FUnds Funds Funds Funds
2021 2021 2021 2020
E E E E
Fixed assets 31 31 31
Current assets 23,449 23,449 3,613
Creditors duewlthln oneyear (17,411) (17,411) (12,146)
6,069