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2021-03-31-accounts

Page
Report ofthe Trustees 1-9
independent auditor'5 report 10-13
Consolidated statement offinancial activities 14
Consolrdated balance sheet
Parent charity balance sheet 16
Consolidated statement ofcash flows 17
Notes tothe financial statements 18-SD

ilnrestricted Restricted Total Total
Note Funds Funds 2021 2020
6 6 6 6
income from:
Oonations
and legacies
Sponsorship
and donations		 209,019 132,319 341,338 290,980
Arts Council Brant 152,760 152,760 172,805
Other operational grants 341,699 629,251 970,950 319,624
charitable
actiwtias
Local programme/ theatre programme 27,382 27,3S2 186,443
Other trading activities
Commercial
trading operations		 1,689 1,689 337,860
Other income 554 3,937
Investment
income
Total Income 733,103 761,570 1,494,673 1,311,653
Expenditure
on:
charitable
actrvlties
Local programme/ theatre programme 3 283,657 455,088 738,745 1,054,822
Raising funds
Commercial
trading		 operations 8 161,603 161,603 320,311
Total Expenditure
445,260 455,0SB 9Xl,34$ 1,375,133
Net income/ {expendhure) 287,843 306,482 594,325 63480
Other recognised
gains - theatre		 tax relief 6,705 6,705 93,384
Transfers
between
funds		 251,97$ {251,978)
Net movement
in funds		 546,526 54,504 601,030 29,904
Reconciliation cffunds:
Fund balances brought forward 199,351 98,694 298,045 268,141
Fund balances carried forward 11 745 877 15319S 899075 29$045

2021 2020
f f
Flsed Assets
Tangible assets 444 687 1,69,497
444,687 169,497
CURRENT ASSETS
Stocks 4,825 4,88li
Debtors 9 297,029 227,172
Cash on short term deposit at bank and In hand 268,420 66,792
570774 298,844
CREDITORS: Amounts
within
one year		 falling due 18 ~555.666 170,296
NET CURRENT ASSETS 454,388 128,548
NET ASSETS 298 5
Charity Funds
Restricted
Funds		 153,198 98,694
Unrestricted
Funds		 745,877 199,351
TOTAL FUNDS 899,675 u6445

as at8 1March 2021
2021 2020
E E
FIxed Assets
Tangible assets 444,687 169,497
Investments 1 1
444,688 169,498
CURRENT ASSETS
Debtors 9 357,559 230,327
Cash on short term deposit at bank and In hand 257,397 55 459
614,956 286,795
CREDITORS: Amounts
withm one year		 falling due I ~195171 358 248
NET CURRENTASSETS
NET ASSETS		 506,685
~95		 128,547
298,045
Chadrty Funds
Restricted
Funds		 153,198 98,694
Unrestricted
Funds		 798,175 199,351
TOTAL FUNDS 955975 199945

2021 2020
E
Cash flows from operating activities
Cash (used in) / generated from operations 487,530 (21,424)
Corporation
tax received		 71179
487,530 50,105
Cash fasts from investing activities
Interest received
Purchase of property,
plant		 snd epuipment ~799991 ~[194 947
Net cash used in Investing activities (285,902) (134,343)
Change
in cash in the reporting		 period 201,628 (84,238)
Cash at the beginning
ofthe reporting		 period 66,792 151,030
Cash at the end ofthe reporting period 268,42D 66,792

for the yeare nded
31March 202		 1
3 Support costs Total Total
2021 2020
f f
Staff costs 464,046 453,074
Office and theatre overheads 42,558 47,541
Administration
costs		 44,119 26094
Fluence ccetstr box off(ce fees 1,078 12,955
Legal and professional fees 17519 11,750
559.325 551,414
4. Net income / (expenditure)
Tlds is stated after charging: Group Charity
2021 2020 2021 2020
Depreciation oftangible fixed assets.
-assets owned
by charity		 10,712 13486 10,711 13,386
Auditor's
remuneration
-audit fees 11,800 10,400 11,800 10,400
—tax advisory services 900 835 900 635

Staffcosts were as follows: Group Charity
2021f 2020f 2021 2020
E
Wages and salaries 556~1 557,001 424,497 413,507
Social security costs 37472 39415 32,360 31WS
Other pension costs 8466 9460 7,189 7,702
6022529 606,476 464,046 453,074
Group Charfty
2021 2020 2021 2020
No, No, No, No,
garand kitchen 24 22
Adrnlnlstretfon and management 18 15
42 37

Assets under
~on
f		 leasehold
mprovements
f		 Fixtures and
Fittings
f		 Plant and
IVIachlneryf		 Total
At 1April 2020 124,405 43,773 5,930 64,520 238,628
Additions 284,980 922 285,902
At 31March 2021 409 385 43 773 5 930 65 442 524 530
Depreciation
At 1April 2020 30,852 4cr22 33,357 69,131
Charge forths Year 3,506 273 6,933 10,712
At 31March 2021 34358 5 195 79843
Net BookValue
At 31March 2021 409385 9415 735 25 152 444 687
At 31March 2020 124405 12 21 1008 31163 169497
8.Investment
in tmding		 subsidiary

nvestment
ln		 tra di n g subsidi ary
(rxrntinue		 d)
2021 2020
6 E
Turnover 1,689 337,86D
Cost ofsales (10,193) (124,371)
Gross profit (8,504) 213,489
Administrative expenses (151,410) (195,940)
Other operating income 107,616
Profit before taxation (52,298) 17,549
Taxation
Profit for the financial year (52,298) 17,549
Retalriecl earnings brought forward 1?,017
Distribution
to		 parent charity under gift aid (29)66)
Retained earnings carried forward 52 298
The assets and liabilities of the subsidiary were:
2020
Stock 4,825 4,880
Debtors 13,151 5,990
Cash at bank end in hand 323 10,324
28,999 21,194
Creditors: amounts falling due within one year (81,296) (21,193)
Net assets 52 297
Share capital 1
Profit and loss reserves (52,298)
52.29
btors Group Charity
2021 2020 2021 2020
Trade debtOrS 6
72~		 6
82,801		 71~1 E
81,205
Corporation
tax		 69,674 62,969 69,674 62,969
Amounts
owed		 by group undertakings 73,273 1,106
Other debtors 39,166 13,155 36,766 20,364
Prepayments and accrued income 115,685 68,247 106,465 64,683
297,029 ZZ7,172 357,559 230 327

reditors Group Clledty
2021 2020 2021 Z020
6 E 6 6
Trade creditors
Other taxation snd social security		 53,062
9418		 77,420
24,156		 49,741
9,830		 74457
20~
Othercreditors 133314 12,130 10,016 6ci34
Accruals and deferred income 39,092 56,59D 56490
115,886 170,296 108,271 15 248
onsolidated
statement		 offunds
Balance at Other Transfers Balance at
01/04/2020 Income Expenditure gains/losses ln/out 31/03/2021
E E 6 E F. 6
Desi8nated
funds
Fixed asset fund 169497 10712 285 902 444 687
169,497 (10,712) — 285,902 444,687
General
Funds
General funds 29 854 571499 272 944 6705 33 924 30 190
29,854 571,499 (272,944) 6,705 (33,924) 301,190
Total unmstricted funds 199,351 571499 283 656 6705 251 978 745 877
Itestricted funds
LLDC and Hub67 34,540 62,500 (64,130) 32,910
Local ProBramme 126,319 (87,120) 39,199
East VilhrBe Trust 36,305 50,000 (50,00D) 36,305
Theatre productions 18,099 6,000 (23,D99) 1,0(XI
Music 5,608 5,608
Capital project 292,188 (40,210) (251,978)
Tha 8i8 Give 2019 4,142 (4,142)
Arts Coundl Cuftuml Recovery Fund 224,563 (186,387) 38,176
Total restricted
funds		 98694 761570 455 DBB 251978 153 198
Total offunds 298045 1.333,069 (738,744

Balance at Other Transfers Balance at
01/04/2020
f		 Income
f		 Expenditure
f		 gains/losses
E		 In/out
f		 31/03/2021
f
Designated
funds
Fixed asset fund 169497 10712 285 902 444 687
169,497 (10,712) 285,902 444587
General
Funcls
Genera
l funds		 29
54		 623797 272 944 6705 33924 353488
292)54 623,797 (272544) 6,705 (33,924) 353,488
Total unrestricted funds 199 51 623797 283656 6705 251978 798175
Restricted funds
1LDC and Hub67 34540 625DO (64,130) 32,910
local Programme 126519 (S7,120) 39599
East Village Trust 36505 50,000 (50POO) 36305
2018/19Theatre 18599 6POO (23,099) 1,000
Music 5508 5,608
Capital proiect 292,188 (40,210) (251,978)
The Big Give 2019 4342 (4,142)
Arts Council Cultural Recovery Fund 224563 (186,387) 38,176
Total restricted funds 98694 761 70 455088 25
978		 153198
Totaloffunds 298,045 1,385367 738744 6705 951373
~prie Balance et Other Transfers Balance at
01/04/2019
f		 Income
f		 Expenditure
f		 gains/losses in/out
f		 31/03/2020
f
Designated
funds
Fixed asset fund 4 536 - 13 86 134347 169 97
48,536 - (13586) - 134,347 169vt97
General
Funds
General funds 93800 836893 951792 93384 4
431		 29
93,800 836593 (951,792) 93,384 (42,431) 29v354
Total unrestncted funds 14 336 836 93 965178 93384 91916 199 51
Restricted funds
IEDC aIKI Hutl67 52,498 98,375 (116,333)
tocal programme 23,666 101,120 (t24,786)
Engaging Science 1563 (1,963)
East Village Trust 37428 50PCO (50,923) 36505
2016/19 Theatre 10,450 36500 (28,651) 18,099
Music 9POO (3592) 5,608
Capital project 170PCO (78P84) (91,916)
The Big Give 2019 9r)65 (5,823) 4,142
Total restricted funds 125805 474760 409555 91,916 98694
Totaloffunds 2
141		 1311653 1 75 133 93384 298045
Page 27

En~or
s~ar-		 Balance at Other Transfers Bahrnce at
02/03/2019
f		 Income
E		 Expenditure
f		 gains/losses
f		 In/out 31/03/202D
f
Designated funds
Fixed asset fund 48
36		 13386) 134,347 169497
48536 (13,386) 134,347 169,497
General Funds
General funds 8 780 528
99		 631,478 93,384 42,431 29
54
81,780 528,599 (631,478) 93,384 (42,431) 29354
Total unrestricted funds 130 316 528599 6442I64 93384 919I16 199,351
Restricted funds
LLDC and Hub67 52,498 98,375 (116,333)
Local Programme 23,666 10),120 (124,786)
Engaging Science 1,963 (1,963)
East Village Trust 37,228 50,000 (50,923l 36.305
2018/19Theatre 10,450 36,300 (28,651) 18,099
Music 9,000 (3,392) 5,608
Capital pro)ect 170,000 (78,084) (91,916)
The Big Give 2019 9365 (5,823) 4,142
Total restricted funds 125805 474 760 409955 91916 98694
Total offunds 256,121 1303359 1054 819 93384 298,045

Analysis ofnet assets between funds Analysis ofnet assets between funds Analysis ofnet assets between funds - cterent year General Designated Restricted Total
funds funds funds funds
2021 2D21 2021 2021
f f f
Tangible fixed assets 444,687
Current assets 417,076 153,198 570,274
Creditors due within one year (115,886) (115,886)
301190 444 687 153,198 899,075
Analysis ofnet assets between funds —prior year General Designated Restricted Total
funds funds funds funds
2020f 2020
f		 2020
6		 2020f
Tangible fixed assets 169,497 169,497
Current assets 200,150 98,694 298,844
Creditors due within one year (170,296) (170,296)
29.854 169497 98,694 298,045
13.Analysis ofnet assets between funds- Charity
Analysis of net assets between funds -current year General Designated Restricted Total
funds funds furuis funds
ZOZl 2021 2021 ZD21
f f. f f
Tangible fixed assets 444,687 444,687
Investments 1 1
Current assets 461,758 153,198 614356
Creditors due within one year (108,271) (108,271)
353488 444 687 153,198 951373
Analysis ofnet assets between funds - odor year General Designated Restricted Total
funds funds funds funds
2020f ZOBI
E		 2020
f		 2020f
Tangible fixed assets 169,497 169,497
Investments 1
Current assets 188,101 98,694 286,795
Creditors due within one year (158,248) (158,248)
29,854 169497 98694 298,045

Grxrup and charity: 2021 2020
6 f
Within 1year 20,IXO 10438
Between 1 snd 5years 87521
Tote I 107,521 10„r)38

2021 2020
f
Net (expendrture)/ income for the reporting period 594325 (63,480)
Interest Income (4)
Depreciation
and amorslsation		 1D,712 13386
Decrease / (Increase) in stock 55 667
Decrease/(Increase) in debtors (63,152) (3,013)
Increase
In creditors		 (54,410) 31,020
Nec cash (used in]/ generated from operations 487430 21,424