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2022-03-31-accounts

Page
Report ofthe Trustees 1 to 7
Independent
Examiner's
Report
Statement of Financial Activities
Balance Sheet 10 to 11
Notes tothe Financial Statements 12 to 18
Detailed Statement of Financial Activities 19 to 20

2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
Notes E 6 E E
INCOME AND ENDOWMENTS FROM
Donations
and legacies
30,189 30,189 59,513
Charitable
activities
Preservation
ofShanklin Theatre
building 27,047 27,047 11,216
Other trading
activities
1,043
Investment
income
22,655 22,655 12,889
Total 52,844 27,047 79,891 84,661
EXPENDITURE ON
Charitable
activities
Preservation
ofShanklin Theatre
building 40,680 25,316 65,996 83,103
NET INCOME 12,164 1,731 13,895 1,558
RECONCIUATION
OF FUNDS
Total funds brought forward 484,720 19,638 504,358 502,800
TOTAL FUNDS CARRIED FORWARD 496,884 21,369 518,253 504,358
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
Notes E E E E
FIXEDASSETS
Tangible assets 401,685 401,685 402,106
Investments 3 3 3
401,688 401,688 402,109
CURRENT ASSETS
Debtors 10 3,306 3,306 3,604
Cash at bank and in hand 92,730 21,369 114,099 99,455
96,036 21,369 117,405 103,059
CREDITORS
Amounts
falling due within one year
11 (840) (840) (810)
NET CURRENT ASSETS 95,196 21,369 116,565 102,249
TOTAL ASSETS LESSCURRENT LIABIUTIES 496,884 21,369 518,253 504,358
NET ASSETS 496,884 21,369 518,253 504,358
FUNDS
Unrestricted
funds
496,884 484,720
Restricted funds 21,369 19,638
TOTAL FUNDS 518,253 504,358

2022 2021
Unrestricted Restdctecl Total Total
funds funds funds funds
E E 6 E
Donations 216 216 6,383
Gift aid 3,306 3,306 3,604
Grants 26,667 26,667 49,526
30,189 30,189 59,513
OTHER TRADING ACTIVmES
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
E E E 6
Other income 1,043
INVESTMENT INCOME
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
E E E E
Rents received 22,647 22,647 12,818
Deposit account interest 8 8 71
22,655 22,655 12,889
NET INCOME/(EXPENDITURE)
Net income/(expenditure) isstated after charging/(crediting):
2022 2021
E E
Depreciation —owned assets 421 526

There
were
no
trustees'
expenses
paid
for the
year
ended
31March 2021.
There
were
no
trustees'
expenses
paid
for the
year
ended
31March 2021.
31 March
20
22
nor for the
year
ende
COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVmES
Unrestricted Restricted Total
funds funds funds
E E E
INCOME AND ENDOWMENTS FROM
Donations
and legacies
59,513 59,513
Charitable
activities
Preservation
ofShanklin Theatre building
11,216 11,216
Other trading
activities
1,043 1,043
Investment
income
12,889 12,889
Total 73,445 11,216 84,661
EXPENDITURE ON
Charitable
activities
Preservation
ofShanklin Theatre building
75,633 7,470 83,103
NET INCOME/(EXPENDITURE) (2,188) 3,746 1,558
RECONCIUATION
OF FUNDS
Total funds brought forward 486,908 15,892 502,800
TOTAL FUNDS CARRIED FORWARD 484,720 19,638 504,358

TANGIBLE FIXEDASSETS
Freehold Plant and
property
f
machinery
f
Totals
f
COST
At 1April 2021and 31March 2022 10,040 410,040
DEPRECIATION
At 1April 2021 7,934 7,934
Chargeforyear 421 421
At 31March 2022 8,355 8355
NET BOOK VALUE
At 31March 2022 400,000 1,685 401,685
At 31March 2021 2,106 402,106
FIXEDASSET INVESTMENTS
Shares in
group
undertakings
f

96
Class ofshare: holding
Ordinary 100
2022 2021
f f
Aggregate capital and reserves (36,746) (14,127)
(Loss)/profit for the year (22,619) 5,700

9o
Class ofshare: holding
Sole member 100
2022 2021
E 6
Aggregate
capital and
reserves 26,648 18,398
Profit for the year 9,483 18,398
10. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
6 E
Accrued income 3,306 3,604
11. CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2022 2021
6 6
Accrued expenses 840 810
12. MOVEMENT
IN FUNDS
Net
movement At
At 1.4.21 in funds 31.3.22
6 6 E
Unrestricted
funds
General fund 81,601 12,585 94,186
Fixed asset fund 402,109 (421) 401,688
Window appeal fund (designated) 1,010 1,010
484,720 12,164 496,884
Restricted funds
Friends ofShanklin Theatre 19,638 1,731 21,369
TOTAL FUNDS 504,358 13,895 518,253

Incoming Resources Movement
resources expended in funds
6 E E
Unrestricted
funds
General fund 52,844 (40,259) 12,585
Fixed asset fund (421) (421)
52,844 (40,680) 12,164
Restricted funds
Friends ofShanklin Theatre 27,047 (25,316) 1,731
TOTAL FUNDS 79,891 (65,996) 13,895

Net
movement At
At 1.4.20 in funds 31.3.21
E E E
Unrestricted funds
General fund 81,878 (277) 81,601
Fixed asset fund 402,635 (526) 402,109
Window appeal fund (designated) 2,395 (1,385) 1,010
486,908 (2,188) 484,720
Restricted funds
Friends ofShanklin Theatre 15,892 3,746 19,638
TOTALFUNDS 502,800 1,558 504,358

Incoming Resources Movement
resources expended in funds
6 6 f
Unrestricted
funds
General fund 73,445 (73,722) (277)
Fixed asset fund (526) (526)
Window appeal fund (designated) (1,385) (1,385)
73,445 (75,633) (2,188)
Restrictedfunds
Friends ofShanklin Theatre 11,216 (7,470) 3,746
TOTAL FUNDS 84,661 (83,103) 1,558

2022 2021
Unrestricted Restricted Total Tota I
funds funds funds funds
E E E E
INCOME AND ENDOWMENTS
Donations
and legacies
Donations
Gift aid
Grants
216
3,306
26,667
216
3,306
26,667
6,383
3,604
49,526
30,189 30,189 59,513
Other trading activities
Other income 1,043
Investment
income
Rents received 22,647 22,647 12,818
Deposit account interest 8 8 71
22,655 22,655 12,889
Charitable
activities
Friends ofShanklin Theatre income 27,047 27,047 11,216
Total incoming resources 52,844 27,047 79,891 84,661
EXPENDITURE
Charitable
activities
Insurance 1,274 1,274 1,436
Postage and stationery 134 134 82
Advertising 355 355 323
Sundries 237 237 188
Software development 866 866 629
Donation to Shanklin Theatre Limited 20,775 20,775 50,759
Friends ofShanklin Theatre expenses 25,316 25,316 7,470
Donations to Shanklin Performing Arts CIC 15,667 15,667 20,937
Plant and machinery 421 421 526
39,729 25,316 65,045 82,350
Support costs
Governance
costs
Accountancy
and legal fees
951 951 753

2022 2021
Unrestricted Restricted Total Tota I
funds funds funds funds
6 E E E
Total resources expended 40,680 25,316 65,996 83,103
Net income 12,164 1,731 13,895 1,558