Company Reg. No. 065 ## **EGO Performance Company Ltd** ## **Annual Report** ## **and** ## **Accounts** ## **31st December 2022** ## **Cromwell Accounting Ltd** 18c Main Street Bilton Rugby CV22 7ND 179286 **EGO Performance Company Ltd** ## **Accounts for the year ended 31st Dectember 2022** Full financial statements for shareholders for the year ended 31st December 2022 were app by the Board of Directors on 10th July 2023. The Directors have prepared the attached financial statements for the year ended 31st December 2022 in compliance with the Companies Act 2006 for filing with Companies House. -1- )roved ## **EGO Performance Company Ltd** ## **Annual Report of the Directors and** ## **Statement of Accounts for the year ended 31st December 2022** The Directors present their Annual Report together with the financial statements for the year 31st December 2022. ## **Principal Activities** The principal activity of the Company during the year remained that of the provision of Theat and Workshops. ## **Directors** The Directors during the year were as follows:- Mr D. Greene Mrs K. Low Ms K. Klaassen Mr L.M. Bettles (Resigned 13th September 2022) Mr P. Taylor Mrs D. Lama (Resigned 1st March 2022) Ms M Ahern Ms M Byrne Mr K. Wilson K. Shankle 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 B of Directors)** Jesson House Tower Street Coventry CV1 1JN 10th July 2023 -1A- ended 're Training loard **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 2022 set out on Pages 3 to 9 and you consid Company is exempt from an audit. In accordance with your instructions we have compiled these unaudited financial statement assist you to fulfil your statutory responsibilities, from the accounting records and informati explanations supplied to us. ## **Cromwell Accounting Ltd** 18c Main Street Bilton Rugby CV22 7ND 10th July 2023 -2- ler that the ts in order to on and **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 ## 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 applicabl ## 5. **Surplus or Deficit on Trading** Surplus or deficit on trading reflects surpluses or deficits arising from the trading activities d year. Extraordinary items arising outside the normal trading activities are shown separately in the Profit and Loss Account. -3- 20081. during the ## **EGO Performance Company Ltd** ## **Balance Sheet 31st December 2022** |Note
**FIXED ASSETS**
Tangible assets
1
**CURRENT ASSETS**
Stock
Debtors
2
Cash funds
**CREDITORS: Amounts falling due**
**within one year**
3
**NET CURRENT ASSETS**
**Total Assets less Current Liabilities**
**Creditors : Amounts falling due after more than one**
4
**RESERVES**
Income and expenditure account|31st December
2022
£
£
40,244
59,478
11,182
12,084
82,744
10,016
72,728
112,972
10,193
102,779
102,779
102,779|31st December
2022
£
£
40,244
59,478
11,182
12,084
82,744
10,016
72,728
112,972
10,193
102,779
102,779
102,779|31st De
20
£
4,919
0
101,931| |---|---|---|---| ||82,744
10,016||106,850
22,584| ||||| |||112,972
10,193|| |||102,779|| |||102,779|| |||102,779|| The company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 31st December 2022. ## 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 10th July 2023 ## **On behalf of the Board** ……………………………………....……… **Ms K Klaassen (Director)** 10th July 2023 -4- cember 21 £ 23,125 84,266 107,391 13,773 93,618 93,618 93,618 ## **EGO Performance Company Ltd** ## **Notes to Balance Sheet 31st December 2022** |Fixtures &
1. **TANGIBLE ASSETS**
Website
Equipment
£
£
at cost less depreciation
**Cost**
To 1st January 2022
2,010
40,679
Expenditure during period
9,698
13,599
Elimination of cost of disposals
0
0
To 31st December 2022
11,708
54,278
**Deprecaition**
To 1st January 2022
603
25,790
Provision for period
1111
3,701
On disposals
0
0
To 31st December 2022
1,714
29,491
**Net Book Value**
At 31st December 2022
9,994
24,787
At 1st January 2022
1,407
14,889
2. **DEBTORS**
Amounts falling due within one year:-
Trade debtors
Other debtors
Prepayments
3. **CREDITORS ( Amounts falling due within one year )**
Trade creditors
Loan
Other taxation and social security payable
Other creditors
Accruals
Grants received in advance|Fixtures &
Website
Equipment
£
£
2,010
40,679
9,698
13,599
0
0|Computer
Equipment
Total
£
£
21,533
64,222
0
23,297
0
0| |---|---|---| ||11,708
54,278|21,533
87,519| ||603
25,790
1111
3,701
0
0|14,704
41,097
1,366
6,178
0
0| ||1,714
29,491|16,070
47,275| ||9,994
24,787|5,463
40,244| ||1,407
14,889|6,829
23,125| |||31st
31st
December
December
2022
2021
.
£
£
5,251
0
0
0
5,931
0| |||11,182
0| |||0
3,904
4,259
4,922
4,770
40
130
1,150
926
0
12,499| |||10,016
22,584| -5- ## **Ego Performance Company Ltd** ## **Notes to Balance Sheet 31st December** ## **( Continued )** |4. **CREDITORS ( Amounts falling due after more than one year )**
Loan
Other creditors|2022
£
10,193
0| |---|---| ||13,733| The company took out a bounceback loan in June 2020 to facilitate cash flow. The repayable over 5 years. ## 5. **Reserves** |**erves**|| |---|---| |At 1st January 2022
Surplus for the year
Closing reserves|93,618
9,161| ||102,779| -6- **r 2022** 2021 £ 13,733 0 13,733 loan is 75,348 18,270 93,618 **EGO Performance Company Ltd** ## **Income and Expenditure Account for the year ended 31st December 2022** |Surplus on ordinary activities before taxation
Comprising:-
Turnover
Administrative expenses
Operating Surplus
Interest receivable and similar income
Surplus on ordinary activities before taxation
Taxation on surplus on ordinary activities
Surplus for the fnancial period|year ended
31st December
2022
£
£
9,161
505,983
496,822
9,161
0
9,161
0
9,161|year ended
31st December
2022
£
£
9,161
505,983
496,822
9,161
0
9,161
0
9,161|year e
31st De
20
£
399,660
381,390
18,270
0
18,270| |---|---|---|---| ||||| |||9,161|| -7- nded .cember 21 18,270 18,270 ## **EGO Performance Company Ltd** ## **Notes to Profit and Loss Account 31st December 2** 1. **Operating Surplus/ (Deficit)** ||31st| |---|---| ||December| ||2022| ||£| |The operating surplus is stated after charging:-|| |Depreciation of tangible assets|6,178| |Director's remuneration and other benefts etc|0| ## 2. **Taxation** No liability to UK corporation tax arose on ordinary activities for the year ended 31st December 2022 nor for the year ended 31st December 2021. -8- 022 31st December 2021 3,808 **EGO Performance Company Ltd** ## **Detailed Income and Expenditure Account for the year ended 31st December 2022** |**Turnover**
**Other income**
Deposit account interest
Rent and rates
Equipment hire
Insurance
R & D
Bar expenses
Freelance practitioners
Wages and national insurance
Production costs
Volunteer expenses
Consultancy fees
CPD
Subscriptions and licences
Telephone, computer, carraige
Merchandise costs
Stationery
Marketing and advertising
Travel expenses
Miscellaneous
Repairs
Loan interest
Bank charges
**Initial Trading Surplus**
deduct:
**Depreciation**
Surplus for the year
deduct:**Expenditure**|year ended
31st December
2022
£
£
505,983
0
505,983
29,412
10,381
4,310
4,114
0
118,040
260,442
37,112
1,994
5,868
3,640
1,609
1,768
719
942
1,462
1,959
1,617
4,748
324
183
490,644
15,339
6,178
6,178
9,161|year ended
31st December
2022
£
£
505,983
0
505,983
29,412
10,381
4,310
4,114
0
118,040
260,442
37,112
1,994
5,868
3,640
1,609
1,768
719
942
1,462
1,959
1,617
4,748
324
183
490,644
15,339
6,178
6,178
9,161|year e
31st De
20
£
23,534
0
3,961
0
1,246
77,231
227,005
24,011
263
4,242
4,320
595
1,880
0
387
1,029
0
1,102
6,520
162
107
3,808| |---|---|---|---| ||6,178||| |||15,339
6,178|| ||||| |||9,161|| -9- ended cember 21 £ 399,660 13 399,673 377,595 22,078 3,808 ~~18,270~~ **EGO Performance Company Ltd** ## **Detailed Income and Expenditure Account for the year ended 31st December 2022** ## **Continued** ||year ended||year ended| |---|---|---|---| ||31st December||31st Decemb| ||2022||2021| ||£|£|£| |**Turnover**|||| |Grants|433,024||368,252| |Foyle Foundation grant|20,000||0| |Donations|9,647||5,986| |Fees received|16,069||12,475| |Earned income|11,834||10,852| |Refreshments|0||0| |Box ofce takings|14,129||0| |Miscellaneous Income|14||1,296| |Merchandise takings|1,266||799| 505,983 -10- er 399,660