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