Company Reg. No. 06579286 **EGO Performance Company Ltdpany Ltdany Ltdy Ltd Ltd Annual Reportportort and Accounts 31st December 2021 Cromwell Accounting Ltd** 18c Main Street Bilton Rugby CV22 7ND Company Reg. No. 06579286 **EGO Performance Company Ltdpany Ltdany Ltdy Ltd Ltd Annual Reportportort and Accounts 31st December 2021 Cromwell Accounting Ltd** 18c Main Street Bilton Rugby CV22 7ND **EGO Performance Company Ltd Accounts for the year ended 31st Dectember 2021** Full financial statements for shareholders for the year ended 31st December 2021 were approved by the Board of Directors on 14th February 2022. The Directors have prepared the attached financial statements for the year ended 31st December 2021 in compliance with the Companies Act 2006 for filing with Companies House. -1- ||**EGO Performance Company Ltd**
**Annual Report of the Directors and**
**Statement of Accounts for the year ended 31st December 2021**
The Directors present their Annual Report together with the financial statements for the year ended
31st December 2021.
**Principal Activities**
The principal activity of the Company during the year remained that of the provision of Theatre Training
and Workshops.
**Directors**
The Directors during the year were as follows:-
Mr D. Greene
Mrs K. Low
Ms K. Klaassen
Mr L.M. Bettles
Mr P. Taylor
Mrs D. Lama
(Resigned 1st March 2022)
Ms M Ahern
Ms M Byrne
Mr H Virk
(Resigned 26th July 2021)
Mr K. Wilson
K. Shankle
(Appointed 18th January 2021)
The Report of the Directors has been prepared in accordance with part 15 of
the Companies Act 2006 relating to small Companies.
By Order of the Board
**Director (On behalf of the Board**
**of Directors)**
Jesson House
Tower Street
Coventry
CV1 1JN
14th February 2022
-1A-| |---|---| **EGO Performance Company Ltd Report of the Accountants to the Directors of EGO Performance Company Ltd** As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st December 2021 set out on Pages 3 to 9 and you consider that the Company is exempt from an audit. In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. **Cromwell Accounting Ltd** 18c Main Street Bilton Rugby CV22 7ND 14th February 2022 -2- **EGO Performance Company Ltd Accounting Policies** The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year and also have been consistently applied within the same accounts. 1. **Basis of Preparation of Financial Statements** The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). 2. **Fixed Assets** Depreciation is calculated to write off the cost or valuation of the fixed assets over their estimated useful lives as follows:Computer equipment at 20% of the written down value Fixtures and equipment at 15% of the written down value 3. **Stock and Work in Progress** Stocks and Work in Progress are valued at the lower of cost or net realisable value after making due allowances for obsolete and slow moving items. 4. **Turnover** Turnover is based on the invoiced value of sales excluding Value Added Tax where applicable. 5. **Surplus or Deficit on Trading** Surplus or deficit on trading reflects surpluses or deficits arising from the trading activities during the year. Extraordinary items arising outside the normal trading activities are shown separately in the Profit and Loss Account. -3- ||**EGO Performance Company Ltd**
**Balance Sheet 31st December 2021**
31st December
31st December
2021
2020
Note
£
£
£
£
**FIXED ASSETS**
Tangible assets
1
23,125
20,120
**CURRENT ASSETS**
Stock
4,919
2,374
Debtors
2
0
399
Cash funds
101,931
201,440
106,850
204,213
**CREDITORS: Amounts falling due**
**within one year**
3
22,584
129,915
**NET CURRENT ASSETS (2019 LIABILITIES)**
84,266
74,298
**Total Assets less Current Liabilities**
107,391
94,418
**Creditors : Amounts falling due after more than one year**
4
13,773
19,072
93,618
75,346
**RESERVES**
Income and expenditure account
93,618
75,346
93,618
75,346
The company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended
31st December 2021.
Directors responsibilities;
i)
The directors acknowledge their responsibility for ensuring the company keeps accounting records
which comply with Sections 386 and 387 of the Companies Act 2006.
ii)
The directors acknowledge their responsibility for preparing financial statements which give a true and fair view of
the state of affairs of the company as at the end of each financial year, and of its surplus or deficit for each financial
year, in accordance with the requirements of Sections 394 and 395, and which otherwise comply with the requirements
of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st December
2020 in accordance with section 476 of the Companies Act 2006
These accounts have been delivered in accordance with the provisions applicable to companies subject to the
small companies regime.
The financial statements were approved by the Board on 14th Febuary 2022
**On behalf of the Board**
……………………………………....………
**Ms K Klaassen**
**(Director)**
14th February 2022
-4-| |---|---| ||**EGO Performance Company Ltd**
**Notes to Balance Sheet 31st December 2021**
Fixtures &
Computer
1.
**TANGIBLE ASSETS**
Website
Equipment
Equipment
Total
£
£
£
£
at cost less depreciation
**Cost**
To 1st January 2021
2,010
37,326
18,073
57,409
Expenditure during period
0
3,353
3,460
6,813
Elimination of cost of disposals
0
0
0
0
To 31st December 2021
2,010
40,679
21,533
64,222
**Deprecaition**
To 1st January 2021
402
23,458
13,429
37,289
Provision for period
201
2,332
1,275
3,808
On disposals
0
0
0
0
To 31st December 2021
603
25,790
14,704
41,097
**Net Book Value**
At 31st December 2021
1,407
14,889
6,829
23,125
At 1st January 2021
1,608
13,868
4,644
20,120
31st
31st
December
December
2020
2020
£
£
2.
**DEBTORS**
Amounts falling due within one year:-
Trade debtors
0
0
Other debtors
0
0
Prepayments
0
399
0
399
3.
**CREDITORS ( Amounts falling due within one year )**
Trade creditors
0
0
Loan
4,259
2,520
Other taxation and social security payable
4,770
3,892
Other creditors
130
0
Accruals
926
1,150
Grants received in advance
12,499
122,353
22,584
129,915
-5-| |---|---| |||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||| |**Ego Performance Company Ltd**||||||||||||| |||||||||||||| |||||||||||||| |**Notes to Balance Sheet 31st December 2021**||||||||||||| |||||||||||||| |||||||||||||| |**( Continued )**||||||||||||| |||||||||||||| |||||||||||2021|2020|| |||||||||||||| |||||||||||£|£|| |||||||||||||| ||4.|**CREDITORS ( Amounts falling due after more than one year )**||||||||||| ||||Loan|||||||13,733|17,480|| ||||Other creditors|||||||0|1,592|| |||||||||||13,733|19,072|| |||||||||||||| ||||The company took out a bounceback loan in June 2020 to facilitate cash flow. The loan is|||||||||| ||||repayable over 5 years.|||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| ||5.|**Reserves**||||||||||| ||||At 1st January 2020|||||||479|1,221|| ||||Surplus (2019 Defecit) for the year|||||||74,867|-742|| ||||Closing reserves|||||||75,346|479|| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |-6-||||||||||||| |||||||||||||| |||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||| |**EGO Performance Company Ltd**||||||||||||| |||||||||||||| |||||||||||||| |**Income and Expenditure Account for the year ended 31st December 2021**||||||||||||| |||||||||||||| |||||||||||||| ||||||||||year ended||year ended|| ||||||||||31st December||31st December|| ||||||||||2020||2020|| |||||||||||||| |||||||||||||| ||||||||||£|£|£|£| |||||||||||||| |||||||||||||| |||||||||||||| ||Surplus on ordinary activities before taxation|||||||||18,270||74,867| |||||||||||||| |||||||||||||| ||Comprising:-|||||||||||| |||Turnover|||||||399,660||319,093|| |||Administrative expenses|||||||381,390||244,226|| |||Operating Surplus|||||||18,270||74,867|| |||Interest receivable and similar income|||||||0||0|| |||Surplus on ordinary activities before taxation|||||||18,270||74,867|| |||||||||||||| |||||||||||||| ||Taxation on surplus on ordinary activities|||||||||0||0| |||||||||||||| ||Surplus for the financial period|||||||||18,270||74,867| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |||||||||||||| |-7-||||||||||||| ||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||| |**EGO Performance Company Ltd**|||||||||||| ||||||||||||| ||||||||||||| |**Notes to Profit and Loss Account 31st December 2021**|||||||||||| ||||||||||||| ||||||||||||| ||1.|**Operating Surplus/ (Deficit)**|||||||||| ||||||||||||| ||||||||||31st|31st|| ||||||||||December|December|| ||||||||||2021|2020|| ||||||||||||| ||||||||||£|£|| ||||||||||||| ||||||||||||| ||||The operating surplus is stated after charging:-||||||||| ||||||||||||| ||||||||||||| ||||Depreciation of tangible assets||||||3,808|3,321|| ||||||||||||| ||||Director's remuneration and other benefits etc||||||0|0|| ||||||||||||| ||||||||||||| ||||||||||||| ||2.|**Taxation**|||||||||| ||||||||||||| ||||No liability to UK corporation tax arose on ordinary activities for the year ended||||||||| ||||31st December 2021 nor for the year ended 31st December 2020.||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| |-8-|||||||||||| |||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||||||| |**EGO Performance Company Ltd**||||||||||||||||| |||||||||||||||||| |||||||||||||||||| |**Detailed Income and Expenditure Account for the year ended 31st December 2021**||||||||||||||||| |||||||||||||||||| |||||||||||||||||| |||||||||year ended||year ended||||||| |||||||||31st December||31st December||||||| |||||||||2021||2020||||||| |||||||||||||||||| |||||||||||||||||| |||||||||£|£|£|£|||||| |||||||||||||||||| |||||||||||||||||| ||**Turnover**||||||||399,660||319,093|||||| |||||||||||||||||| ||**Other income**|||||||||||||||| |||Deposit account interest|||||||13||23|||||| ||||||||||399,673||319,116|||||| |||||||||||||||||| ||deduct:**Expenditure**|||||||||||||||| |||Rent and rates||||||23,534||23,100||||||| |||Equipment hire||||||0||0||||||| |||Insurance||||||3,961||2,564||||||| |||Disability access costs||||||0||1,090||||||| |||Bar expenses||||||1,246||1,510||||||| |||Freelance practitioners||||||77,231||23,420||||||| |||Wages and national insurance||||||227,005||164,639||||||| |||Production costs||||||24,011||2,192||||||| |||Volunteer expenses||||||263||700||||||| |||Consultancy fees||||||4,242||8,848||||||| |||CPD||||||4,320||192||||||| |||Subscriptions and licences||||||595||761||||||| |||Telephone, computer, carraige||||||1,880||1,991||||||| |||Merchandise costs||||||0||377||||||| |||Stationery||||||387||68||||||| |||Marketing and advertising||||||1,029||196||||||| |||Travel expenses||||||0||318||||||| |||Miscellaneous||||||1,102||2,596||||||| |||Repairs||||||6,520||2,342||||||| |||Loan interest||||||162||3,842||||||| |||Bank charges||||||107||182||||||| ||||||||||377,595||240,928|||||| |||||||||||||||||| ||**Initial Trading Surplus**||||||||22,078||78,188|||||| |||||||||||||||||| ||deduct:|||||||||||||||| |||**Depreciation**||||||3,808||3,321||||||| ||||||||||3,808||3,321|||||| |||||||||||||||||| ||Surplus for year||||||||18,270||74,867|||||| |||||||||||||||||| |||||||||||||||||| |||||||||||||||||| |||||||||||||||||| |||||||||||||||||| |||||||||||||||||| |||||||||||||||||| |||||||||||||||||| |-9-||||||||||||||||| ||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||| |**EGO Performance Company Ltd**|||||||||||| ||||||||||||| ||||||||||||| |**Detailed Income and Expenditure Account for the year ended 31st December 2021**|||||||||||| ||||||||||||| ||||||||||||| |**Continued**|||||||||||| ||||||||||||| ||||||||||||| |||||||||year ended|year ended||| ||||||||31st December
|||1st December|| |||||||||2021||2020|| ||||||||||||| ||||||||||||| |||||||||£|£|£|£| ||||||||||||| ||||||||||||| ||**Turnover**||||||||||| ||||||||||||| |||Grants||||||368,252||301,753|| |||Donations||||||5,986||1,918|| |||Fees Received||||||12,475||13,363|| |||Commissions and Projects||||||10,852||0|| |||Refreshments||||||0||1,212|| |||Box office takings||||||0||0|| |||Miscellaneous Income||||||1,296||400|| |||Merchandise takings||||||799||447|| ||||||||||||| ||||||||||399,660||319,093| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| ||||||||||||| |-10-||||||||||||