DorJJ&9n ENdope ID.. 7AFBIknW1140324BF7Aso82G4E R•gistered number. 8298751 Charity nUmr. 1150757 ,, REG15TRAR'S copy LEWES COMMUNITY SCREEN (A company limtted by guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 GSM&Co *ACIX9S) 22112f2023 COMPANIES HOUSE "ffin se(rc1)&co 100 YEARS
DOS4 Erpe ID.. 7AF8o48j0Al4832-6BF7AsASfj LEWES COMMUNITh SCREEN {A company limited ty guarnnlee) CONTENTS Page Relerence and admlnlstrnllve d•ta115 of th• ¢harltable company Its trustees and advis• Trustees. report Indopendent audiiors. report on the finan¢lal stalements 7-11 Consolidatsd $t•tsm¢nl olfinancil •ctiv5tles 12 Consolldat•d balanc• sheet Charltable company lanc+ sheet 14 cOnsl0ated statemeffl of c•sTh flows 15 Notes to tho finan¢ial StateIeI¥ ' 16-35 Griflin Stone Moscrop & Co
D¢cuSbJn Erlope ID.. 7AFB048WX148324BFA-7ASIW LEWES COMMUNrrY SCREEN IA company limited by guarnnteel REFERENCE AND ADPAINISTRATIVE DETAJLS OF THE CHARITABLE COMPANY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2023 Tiustsos Robert Nomwn seTrT. Chair Sarah Frances Hunler Jeremy Neil Paye Rithard Stephen Pcrtvell (apptynted 20 fvlarch 2023) Mikey Elvzabeth Cuddihy Jennrfer Leebum (reSned 20 March 20231 Company regiytered number 8298751 Charty registwed number 1150757 Reglstered offke 18 Kee Street Lewes Easl Sussex BN7 1TY Prin¢lpal operating office PNiwdl Roal Lewes East Sussex BN7 2JS Investment advlsorn R.C. Brown 1 The SquaTe Temp Quay Bristol BS16DG Ind¢p•nd•nt •udit¢xs GiiifH) Stone Moscrop & Co Chartered Ac£ountanis 21-27 Lamb's Conduit Stre•t London WC1N 3GS Banke Bank of ScoU8nd pk 15$ 8tshops9ate London EC2M 3YB Soli¢itor8 Stone King LLP Btyjndary House 91 Charterhwse Street LIdOn EC1M 6HR Pag8 1 &iffin Stone Moscrop &Co
ErY•lcp8 ID.. 7AFB0I8&30A1-483248F7A$IS6¢82$4e LEWES COMMUNITY SCREEN IA company limitsd ty guarnnt•e) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2023 The trustees wtho are also ts direLors of the charitable company, present their annual report together with the audrted financial statements of the group and the ccffipany for the 1 April 2022 10 31 March 2023. The annual report also seNes the purposes of ¥ dirert¢ys' report under c¢)mpany l•¥. The Irustee$ nf1m7 that the annual report and financi81 ststemenls compty with the currenl statutory requirements, the Charrties Act 2011, the Companies Ad 2006. the requirements of the charitablè companrfs govemui9 document and the provisions of the Statement of Recommended Pr&tKe ISORPI. apPIrab lo char"e$ preparing their accounts in acc(Ndance with the Financial RepO"n9 Slandard applb in the UK and RepublK of Ireland IFRS 102). The charrtable company aso operates under Ihe names Depot and The De1 Cinema. Objectlves and a¢tlvltles a. Polrcle5 and obj¢¢tiv¢s In setting objectives and planning for adNities. the trustees have gNen du8 consKleration to general guJanc6 published by the Charty Cunm15sjn relab"roJ lo publ benefrt. includmg the gUanCe 'PublK benefit". runnirKJ charty {P82I'. By operating a c(ynmunty cinema the charrtable company wll advance eduCatn in the knowledge. understsnding and appreci3th of the arts, partKulaty the art of fflm and allted visual technNu, in partlar for the benefrt of the inhabrtants of the of Levfts and the surrounding area. b. Strateglos for achiev9 objecllves -The"'Deptst ¢inema-offer$-.an"extensNe".programme of films and events which appeal to all age groups. The venue 15 regarded-as theTn051"environmeritally sc¥Jnd in the UK and ha5 wn awards for desvJn and disabilrty access, gn¢ouragin9 many ekledy peop to wsit. Tket prKes are gen$ralty maintained at a low level. espècially for under 255. whKh on¢wrages young people to ViSrt Ihe cinema on a regular basis. The Depot 8150 offers a range of educatN)nal cour5es.and partKpales in a rar4Je of communty events. working often with kx81 char((ie5. Strat•glc report Achl•v¢fflents and perforn)ance a. Key perforrnanc• indicators The trustees do not use key performance indicaors in the traditional sense to measure the perfoThr1an of the group,. ralh¢r the folk3wirrfJ obje¢tNes are set." To operate ¥ ¢ommunty cinemalarts venue. as dose to ful capxty as pos$fiJle, to enhance the av8i18bilty of the arts in Lewes and in East Sussex in gerteral". To operate the ¢tfia and a progranwne of events WrtIjt financial ljss Who maintaining a wide ranging programme and low tKket prKes', and To operate a caf&bar Ir•Jing sUblary to gènerate l1toI funds. To d8 this has not been ¥hi8ved and the communty venue has been 5UPPOrted by private dOnatnS. The goal 15 to make the trad subsidAry prorrtable enough to reduce or eliminate the need for privatè donations. Page 2 Griffin St{e Moscrop & Co
DwS¥Jn Enlore ID.. 7AFBDth3OA148324BF7ASASefj82G4E LEWES COMMUNITY SCREEN (A company Ilmlted by guar•nt•tl TRUSTEES. REPORT ICONTIPIUEDI FOR TPIE YEAR ENDED 31 IAARCM 2023 Strategic repLYi {Conllnu) A¢hièvèmÈnts and wrforniance Icontinu•d} b. Rovi•w of activldes During the year the group received Icffiat$. $bs(ShIp grnnts of £1.251.245 and community cinema operations generated Income of £975.651. IncorrE gener•ted by the subsidry compgny in operats"n9 the bor and restaurant amounted lo £1,081.701. Expenditure incurred by the group totsned £2.727.431. of vthich £1,081,701 ree{j to thè subsKJiary Company. The group's net income for thè year amounted to £153.764. c. Fundrarslng a¢tfvFtl•s and In¢om gffi•rntion The grp does Thjt carry J1 sJnikant fund(arsing activibes. d. Duty to promote the suc¢ess of the charitable cofflpany to achieve its charltable purposes The trustees have throughout the yÈar acted indMdu81ty and collectr4ety Ni the bèst interests of the eharitable. .company and all its stakeholder5. SpecrfKalty. the trustees have established and maintained a code of condu - and slralegy.vthich promotes.the short_-and.bn98r4em interests of all stakeholders, rn¢luding beneficiaries. .empksyees' and. ¢ustom&r5_Jlhe.strategy.'of.4he t[ ha$ been desuned to ensure the Gurr¢nt and fulure .su¢¢e$s. of. the charitable."company. tIst reStIr¥ and prcThoting its responsibilitres within the film industry and wKler social communty. Financial rnview . Golng COnn After.making WjPTOPTiate""enquir. the"trustees have a reasonable expectation that the group has adaquate resources to continue in operatnal existence for the foreeab fvture. For this reason. they conlinue to adopt the going concem basis in preparing the !Inancial stalerrenls. Further detsAs regarding the adoption of the going concern basis be fwnd in the accourting poficies. b. Rts•r•s policy The group has a reseNe l¢urrentty around É4.000,0001 invested wilh RC 8rown Investmènts Limited who have an elhi¢al low-risk investmonl strategy. Th8 fvnds exist lo support future caprtal investments. The reserve5 policy is revmved annualty. c. Principal risks and un¢•rtainti•s The cinemalarts vgnue is wdl estal$hed in the arga al has wo¥ed exlrwnely F¥x>ular. Thergfore the tru$lee5 do not envisage ¥ny risks lo trading pttrformare. d. Prln¢lpal furrfling Princpal furKling has c(yw iThJivhJual. Page 3 ffin Stone Moscrop& Co
DOs Enkn¢ ID.. 7AFB0l8&3l48824BF7wtyE LEWES COMMUNrrY SCREEN (A cornpany Ilmit•d by guarantee) TRUSTEES. REPORT IcopifiNUED} FOR THE YEAR ENDED 31 kWiCH 2023 Stru¢tur•. governance and management . Constitution Lewes Communty Screen is registered as a tharRable corryany and is consthuted under a trust deed dated 19 November 2012. beIng a registered dwity on 8 Febwary 2013. number 1150757. The princpal object of the charitable corrpany r6 to operate a corrffiunty ¢NMa. b. M•thod$ ol appointment or election of trustees Th8 management of th¢ Group and the charrtable ¢c)Tnpany is the reSp{sIbilIty of the Iru5tees who are ele¢ted under the terms of the tru51 deed. Trustees are selected on the bas of the rekvance of their proles5ional knowledge and eXperIen rekvant to the charitable companls tlt. ¢. 0ry4nisation•l structure and d•cision4naking polkl•s Srgnrfi¢ant decis$ Telating to the charitable cc¥npanVs operations. liVItiS. systems and controls are made . by the Irustees, who meet in person on a regular basis and communicate through electrontc means as and when necessary. The trustees have (leleg81ed Ihe day404ay Funning of the Chaiitab company to rts administrator. e of the charrtable company's empknyees, w)Se remuneia)n pth3e is NIed upon by Ihe tru$leos based on their knovAedge of those provided by simrfar entities. d. Policies adopted for the inductlon and training ol trustees -"Newly appoirt trustees rwive advice...an induCtn. on the objectNes, 1vleS and pkns of the ¢haritable -. coinpany and on trustee resp(In$iritIeS (iri-particur through wo¥isbJn of the Charty CommiS$KJn's puts1110n The Essenlial Twslee." Whatyou need to know). . Pay policy for k•y managem•nt p•rnonn -RemuneratKJn'. ol.key staff. i5-benchnrked.againsl typul raes of pay rn the arts and h05Pitalty indu5trie$. These are resèarched by the HR tèam on a regular basi& f. Risk manag•menl .. The trustees have assessed the major".iisks.to vthich the Group and tha charitable comparhy are exposed, rn particular those related to the operat5 and ffinarKes of the Group and the chariiabfe company, and are satisfied.that Syste •ThJ prlureS are in pla¢0 to mitWe exposure to the major risks. Page 4 Griffin Stone Moscrop & Co
LEWES COMMUNITh SCREEN IA company limii•d ty guarantee) TRUSTEES, REPORT ICONnNUEDI FOR THE YEAR ENDED 31 MARCH 2023 Plans forlulurn p•rlod$ Future developm•nts The operat40n of the Depot eontiwes to be a great success. SirKe opening n M8y 2017 850.000 IKkets have been sokl and 2.550 frfms screened. It is one of the most successful cinemas in the UK in terms of seal bookings and ¢wimunty engagement and 1$ one of the e¢0 ¢irn35 in the workl. The Depot operates a whye rangfv?g pr&Jrarrffie which indLKles many 4)rtd cinema reaSeS that highlight Signtficanl social and pcAitul issue5, and li hosts a number of special events 8n¢J festivals. It is far le$$ lIant on blockbuster releases than mosl cinemas and expeTiences good attendances across r$1 fikns. CirlaS gkjbalty ha faced challeng¥s due to rise of domestic streaming $iCeS and the impact of the Comd epidemic. Custmi traffic is retuming to post£owd th15 costs have risen. especially in terns of Staffing and energy c051s. However. we conlinue to adcfjt policies to make the Depot as affordable as Pcsssible. We have succassfulty inlrcJuced 'haW-pri¢e Tuesday5. and ts.ckst piices a eXtMlY gj value. Frlms such as Ba1?. Oppenheffjer. Kil of11 Fbwer and Wonka have performed e5Frfially wdl. The calé-b8r by the DepL is a popular Ictal venue witPt quahty and drink on offw which is far superior t tha vast majorty ofcinemas in the UK. This ts also offered at afftydable pr5. The Trustees are.conMenl that the Depot wl COMn lo op8rate as a hhlY successlul and popular venua whilst also mèeting its charitable obJ'e¢twe& Statement of trust••s' r•sponsibiliti8s The Iru5tees {who we a150 the directors rA. the charitth cofflpany for the purposes of ccynpany are responsible for preparing the Iru$tees' rewt includin9 the strategr report and the financial statements in accordance with appli¢able Jaw and Unrted "n91¢M Accounkn"ng Stsndards (Unrted Kingdom Generally Accepted Accountin9 pract). Company law requires the twstees"to'prewe fara[ sWff¢nts for exh financMI . Under company the .tiustees must not approve the financ $tsteniènts unkss they are satisfted th they give a trug and fair view of the statè of affairs ol the Group and the charrtabk eompany and of their incoming resourcès and application of resources, including their incorre and e>penditure. for that pemd. In PreParK these financial statemen15. the ITUStees are required to.. select surtable accounting poIreS and then appty them C5151entty,' observe the method5 and principks ofthe Chartties SORP (FRS 102)." make judgments and accounting eslinales that are reason&le and pruden( stale whether appl[Cab UK Accountir@ Standards {FRS 102) have been fdb)wed. Sufyect to any malerk91 departures disclosed and expL4ined in the finan¢ral statemenls.. prepare Ihe financial statemènts the going corKem basis urtt rt is inappmpriale to piesume that the Group WAI conttnu& in business. The trustees are responsible for keeping adequate accounting records that are sufficient 10 Show and explain Ihe Group and the charitable company's transactK)ns and disclose wth reasonab accuracy al any time the financial posrtK)n of the Group and the Charitab company and enable them to ensure that Ihe financial stalemenls compty wth th8 CLynpanS Act 2006. They are also respons1 for safeguarding the assets of th Group and the charitable ¢ompany and here for tthing reasonable stws for the preventb)n and detect¥)n of fraud and other irregulartrties. Page S Griffin Stone Flxrop & Co
DocS]n EMlw ID.. 7AF8o48&1-4a3?-88F7AsA8 LEWES COMMUNITY SCREEN (A company limited ty guarant•el TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 0110$Ure of infonnatlon to auditors Each of the person5 who trustee5 at Ihe time when this trustees. report approved has confirm&J Ihal.. $0 far as that Iruslee 15 awwe. there 15 no releyart aLt infoThnatton of whK the charitable group's audf(ors aTe unaware, and that Iruslee ha5 taken all the steps that ought to been taken as a trustee in ¢NdeT lo be aware ol any levanl audit informaknn to establish that the charitable 9roup's auditors a aware of that information. Approved by wder ofthe members ofthe of trustees and s$ned on their tehaw by." Robert Nornian Senlor Trustee Date.. 21 December 2023 Page 6 Griffin Ste M05crop & Co
LEWES COMMUNITY SCREEN (A company limited by guarantee) INDEPENDENT AUIXTORS. REPORT TO THE MEMBERS OF LEWES COIIAIUNITY SCREEN Opinion We have audited financial ststements of Lewe5 Communty Screen (the'paTenl Charilable eompanll and ts subsidiary company (the 'group'l for the year ended 31 March 2023 comprise the con501Klated statement of financial actrts. the consolidated balan¢e sheet, chafitab ¢ompany balance sheet, the ¢onsofidated $tstemeftt of cash Ilows and the rdatèd notes, includiThJ a summary of sKJnTtunt 8ccountsn9 pol¢iÈs. The financial reporting framework that has been appld in the preparation is applicable and Unrted KirrfJdom Accounting Standards, including Finanoal Repo"n9 Stsndarf 102 The Finan¢ial ReportirvJ Standard applicable in the UK and Republ[¢ of Ireland, (United Kingdom General Accepted Accounting PraclKel. In our 1n1$)n the f¥ian¢ial staterne: give a true and tsir view of the stale of the Group's and of the parent charitable companvs affairs as al 31 March 2023 and of the Group's ir¢conNng resour and applutk)n of reSoUs. including its income and expenditure for the year then ended., have been prcyedy prepared in nce ¥A1h Urttsd Kirgdom Gwralty Accepted Accounting Practice,. and have been prepwed in accordance with the requirwM)ts ofthe Corrpanies Act 20CI3. Basls for oplnion Wo.¢onducted our au¢Jrtin'.accordance"iifrtlrtnlemational Standards on Audth"ng {UKI IISAS IUKII and appli¢ablg la%v. Our responsibiltties under those standards are furthèr desGrib8d in lh8 Audrtors. r•spcfflsibilrties for the audrt of the financial statements""séction of our report. Wè arè independent of thè Group tn accordance with the ethical -requirements that a ielevanl to our audrt of the financol slatement5 in the United Kin9dom, including the . FinanGial Reporting .CouncAI's Elhical.'Slandard. and have fulfilkd our other ethical responsibilrties in accordance .with..these.requirements.'.We-belwe th the evtin¢e we have obtained is Su@nI and appropriate to proVe a basts forow optnton. Conclusions relatlng to going concern In auditing the financ1 statements, we have cOndUd that the trust¥os' use of the wng'concem basi5 of accounting in th8 preparation ofthe financd is appropriate. Basgd on the work we have perfomed. V have not hlentrfd any rnaterial uncErtainties rding lo events or conditions that, indiv+Jualty or collectivety, may cast Signffjcant doubt on the Group's or the parent charitable compan¥s ¥ts'lty to continue as ¥ going concern for a permxl of al least Iwelve months from when th$ financial stslemenls a authonsed for issue. Our respons+11 and the re¥Jonsbilities d the trustees V*ith Spect to goiry con¢em are described in the relevant sectKJns of this repo Page 7 Griffin Stcme Moscrop & Co
LEWES COMMUNITY SCREEN IA company limited ty guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF LEWES COIAMUNITY SCREEN ICONTINUEDI Other Inform•tion The other informat ¢crtnprises the Infom1) induded in the wnual report otherthan financial $18tW7)gnt$ and our auditors. report thereon. The truste8s are responsible for Ihe other infomiats'on contained wf(hin the annval report. Our opinion on the finanrial $tatements (bes not cover the othèr infomalKJn and. èxcept to the extÈnt otheise explicrtly ststeil in our report, we do not expres5 any lomi of assurance ¢onclu5ion IherÈon. Our responsibilty is lo read the other informion and. in doing $0, consider whether the other infomialion is maLerklY in¢onsisl8nt with thè financial stslement$ or our kne obtained in thè course of thè audit. or othemse appear5 to be merNIlty misstated. If we •Jentfy such rnater inconsistencres of apparent material misslalements. we are required to datemine whelher this gives rise to a material misstatement in the financial statements themse. If, based on thè wor we have pérforrrd, eondLKle that thèrè is a material misslatement of Ihts other infom)ation. we are required to report that farl We have nothirq to report in thi5 regard. OplnF¢n on other matters prescrlbed by the Companles Act 2006 In our opinK>n. based on the wwk undertoken in the c£wrse of the audit.. ..he infomion:"gi¥en in Ihe"trustees'.rnport indud1 the group strgt report for tho financial year for whicli.the'.fihanualtstat8w15 are Pfepared is con515tent with the finan¢ial Ststenrnts. - Ihe trustees.. report and the group5trategiG report have been prapaTed rn xcordance with ¥pplKable legal rgquirements. Matters on which we are required to report by exception . In"the.ITghl of_our knOW..aTh understalIng of the charitable company and its environment obtained in the course'of the audit. we havg not identrfied?neril mtsstatement$ in the trustees. report induding the group $trat89ic r8wL .We have nothirwJ to. reFrt in respect of the matters in relalron to whh Cw)8nies Act 2006 requires us lo report to you if, in our opinion". the parent charitable company has not kept adequale and SUfflent &Uting records. or retums adequate for our audit have not been recewl from branches not Vi5rted by us". or the parent charitable. cunpany finanual statennts are nL* in Teement with xc0rtlng recc¥d5 and retum$'. or certain disclosures oftrustees. rnunerat spe¢rfd by la4¥ e t made,. or we have Tr)t receNed all the Informati and eWLqrtats we uIre for audit. Page 8 Griffin St(e Moscrop & Co
Dsd Efftly ID. 7AFBD48&3OA14K527A5As68 LEWES COMMUNITY SCREEN IA company limiied by guarantsel INOEPENDENT AUDITORS. REPORT TO THE MEMBERS OF LEWES COMMUNITY SCREEN {CONTINUED) RespoNlbIliti•S of trusle•s As explained more fulty in Ihe trustees. resp0nsbiliéS sts1nI. tr* trustees (who ale also the directors of the charitable company for the purpose$ ol company l•¥) are responsible fN Ihe preparalh)n of the financial statements and fof being saknsfied that they give a true and frdir view. and for such internal control as the trustees determine is necessary to enable the preparatx)n of statements that are freg from material misststement. whether due lo fraud or error. In preparing the financial statements, the Intstees are responsib for assessing the Group's and Ihe parent charitable cornpanrfs abilty to continue a$ a gej concem, dis¢1o$ing. a$ applicthle, matters related to going concem and using the going ¢oncem basis of a¢¢ounting unF8ss the trustee5 erther intèn¢J to liquidatè the Group or the parent charitable company or to cease opeTatKJns. or have no reastiC attemative but to do so. Pago 9 ffin Stone Noscrop & Co
Dawsljn ErNdope10.' 7AF8D48&3OA14&32-W?A$As68 LEWES COMMUNrrY SCREEN (A company limit•d by guarant••l INDEPENDENT AUDITORS. REPORT TO THE MEM8ERS OF LEWES COMMUNifY SCREEN ICOPrnNUED) Auditorn. responsibilities for the audit of the financial statem•nts Our obiectwes are to otrtain Teasonable a55urance atul whether the finar ststements as a whole are free Irom material misstatement. whalher due to frathl ¢y error. and to issue aft auditors. réport that includes our opinion. ReasonakAe assur¥n¢e 1$ a hKJh level of assuranGe. but is not a guarantee tho1 an audit ¢Orbdled in accordance with ISAS IUKI wll aayS detect a material misstatement vthen it e$1$. Misstalemenls can arise from fraud or error and are ¢s+ered matenal rf. indlvwlualty or vi the aggregate, they could asOnablY be expected to influerKe the e¢on¢xnr¢ de¢i$ions of users taken on the basis of these financ1 statements. Irre9ulaiities, itlLKling froud. are instsrKes of r)n11ce with laws arml regukith)ns. We design procedures in line wrth our responsibilrties, outlined above. to detect material misstatements in respect of irregukqrilies, including frnud. The extent to which our prwdurès are Capab of dètecting 1rwujarrts. induding fraud 15 detsiled bebw". - Enquiry of managemenl and those charged vrith govemance" - Reviewing financral slalemènt disckjsures and testlng lo supportal9 thumenlakn to assess compliance., - Perfomiing audrt work overthe ri$k of management overrrde of controls, induding testing ofjoumal entries. and other adju51ment$ for apprOprleneSs. evaluating the raIakn of signifKant tranSactiC5 outside the nomol course of tsjsiness and reviewing Cnting estinates for bias. --As"part"of an audit in xcordKe ISA¥lUK). we exercise prOfeSsal judgmanl and maintain professional sceplicism throughout the audit. We also.. Identify and assess the risks of rnaterial mtsstatement ofthe financsal slalements, whether due to fwud or error, design and perfofm audrt prpcedufes responsiv8 to those risks. and oblarn audrt eviJen¢e that ts suffirAenl and appropriate to provjde a basis for our opinK&n. The risk of r1 detecting a matergl ..misstatement rgsulb'ng from.fraud.is.hvJher than for one resulting from error. a5 fraud may invo collusion, forgery. intentional omissiorvs, misrepresentst)ns. or the override of inlemal control. Obtain an understsnding ol intemal.'control rdevanl lo the audit in order lo design audrt procedures that a appropriate in the circumslances. buf not for the purpose of eypressing an opinion of Ihe effectNeness of the chantable companS intemal eontrd. Evaluate" the appropTiatene3s of accounting poIleS usod and the r9as0nabness of accountirvj eslirnates arHI relaled disdosures m&Je by the tnjstees. Condude on the appropriateness of the trustees. use ofthe going concem basis of acc4wntiThJ and, based on the audit eVence obtained, Vhlher a material un¢ertarnty exists related to events or condiiion5 that may cast signrficant doubt on the charrtablè cornpanl$ 8bilty to eontinuè as a going concern. Ef we condude that a material uncertainty exists. gre ffequired lo draw att8nkn.on in cMJr audf(ors' report to the related disclosures in the financkal statwnents or. il such dis¢knsure5 are inadequate. to modfy our opinion. Our conclusions arè based the audrt evthnce obtsmed up to the date of our auditors. report. However, luture everrts or condknons may cause the charitable cc¥np8ny to oase to conlirnje as a going concem. Evaluate the ovwdl presentat, structure arwj content of the financial statements, induding the d15closures, and whether the financial statements represent thg derl'ng tran&tK)r$S and events in mannef that achieves fair preSen&2tn. Obtsin sufficient appropriate audit evtdence warding the finawal inf0Mat of the entities or bUs1rSS actrvities within the GrcyJp to ewress tpirtn on the ¢onsolidated financral statements. We are responsibk for the dire¢tn, s)l510n and performance of the Group audrt. Wo remain solely responsib for our aKlit own1. We communute with those ch¥g¢d with 9ovemaw wardiThJ. among cther matters. the pfanned s¢ope and timiNJ of the audit and sign1rKl audrt findings. induding arry stgnffKant defKiencie5 in inlemal control that Vfflj Page 10 ffin Stone Mosuop & Co
DacuSbJn En4rknpe10". 7AF804t48j2BFA-7ASAS6e LEWES COMIAUNITY SCREEN IA ¢0MnY limited by guarnnte•} INOEPENDENT AUDITORS. REPORT TO THE MEMBERS OF LEWES COV&IUNITY SCREEN (CONTINUED) id8nlfy during our Usè of our r•port This report 1$ made sdety lo the chaiitable compan$ rnern. as a bc¥ty, in XC0rdare with Chapter 3 of Part 16 of the Cornpan Act 2006. Our audrt w(Mk has bèèn undertaken w that we mtghl state to Ihe chartrtable ¢ompany's members Ih05e matter5 we are required lo stale lo them in an audrtors, report and for no other purpose. To the fullest extent pemitted by Law, we do not accept or assume fesponsibilty to anyone other than the charitable company and its mem1. 8$ a b¢#Jy. for our audrt work. for this reFQrt, or fr•r the opinwis we ho fomied. Rob•rt Sm5th (senior st•tutory auditor) for and on behalf of Griffln Stone Moscrop & Co Chartered Accountants StatutoryAuditors 21-27 Lamb's Conduit Street Lond¢)n WC1N 3GS Date. Si IJL/L3 Pa9e11 Griffin StCe Moscrop & Co
LEWES COMMUNITY SCREEN IA company limited by guarantee) CONSOLIDATED STATEMEMT OF FINANCIAL ACTIVITIES IINCORPORATIMG INCOME ANO EXPENDrruRE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2023 Unrestrlcted Restrlctsd funds funds 2023 2023 Totsl funds 2023 Total funds 2022 Incom• from: DOnatTr$. sponsorship and grart> Charitabl• aCtrt." Op8ralion of a communty ¢inema Trading aclivities.. Income from subsidiary oynpany Investments 1250.330 915 1,251.245 253,642 975.651 975.651 785,233 1.061.701 87.353 1.081.701 87.353 1,076,856 59,164 Totsl Incom• 3.395.035 915 3XJ5,950 2.174,895 Expenditure on: Raising funds.. Expendrture on subsJkary company . Investment mana9emenl costs Charitable activf(ies 1m1.701 78 1.644.737 1.081.701 78 1.645.652 1.076,856 915 1.221,619 Tota'l expenditur•-" . 2.n6.516 915 2.727A31 2.298,553 Net Incomellexpendlturel bth>re n•1 Iloss•sygalns on investments Net {lo$sèsygains on investments G68,S19 1St4.7551 668.519 {514,7551 (123,6581 101,753 Net movement In fund5 153.764 153,764 121.9051 Re¢on¢lllatlon of funds: T)tal furids brought foThRrd Net rrKwement in fiJrKIs 13.049A1S 153.764 13.362 13.062.T17 153.764 13,084,682 (21.9051 ToLIl fvnds carr•ed forwa 13.203.179 13.362 13,216.S41 13,062.TT7 The ConSolated statement of finanrial &tNll irlUdeS all gans and k)sses nISed in the year. The notes on pages 16 10 35 fomi part these financ4al statemerts. Page 12 Griffin Stone Moxrop & Co
LEWES COMPAUIIITY SCREEN (A company limited by guaranleo) REGISTERED NUMBER: 8298751 CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2023 2023 2022 Not Flxod aSts Tangibke assets Inv8slments 11 8.363.66S 3.341.601 8.412.174 4,274,941 12 11.705.266 12.687.11S Current 4ss0ts Stocks Debtors Cash al bank and in hand 13 14 16.611 822.751 807.991 13,219 42.905 431.550 1.647J63 487,674 Creditorn.. aMnts falling due within rme 15 (136,078) 1112,0121 Not ¢uffeirt".ass•ts 1.511.275 375,662 Net s$ets-- 13.216.541 13,062,777 CharFty funds Restrided-lurids Unrestricted funds 17 13.362 13.203,179 13,362 13.049,415 17 Total fun(ts 13.216.541 13,(62.777 The trustees acknrNl8dg8 their respslIrt for ¢omptyKW With the requffements of th& Ad wtth resped to aCcntI)g racords and prep8r8kn offinancl Statem5. The financial statemts were wroved and athortsed fcrf wue by the trustees and signed on their behalf by.. Robert Norman Sensor Trustee Date". 21 December 2023 The notes on pages 16 to 35 fcffii part ofihgse finala1 stnnts. Pagg 13 Griffin Stone ME>scrop &Co
DuSn En%%loF¢10." 7AFBD48&wl14832-8BF7ASASfj8 LEWES COMMUNITY SCREEN IA company limitéd by guarartt••l REGISTERED NUMBER: 8298751 CHARITABLE COMPANY BALANCE SHEET AS AT 31 MARCH 2023 2023 2022 Note asséts Tangthle assets Investments 11 12 8.363.665 3.341.602 8.412.174 4.274.942 11.70S.267 12.687,116 Currnnt ass•ts Debtors Cash at bank and in hand 14 890.211 712.930 86,095 360,410 1.603.141 446.505 credito.. amounts falling due within c419 year 15 191.067) 170,8441 Net ¢urreftt assets 1.511.274 375.661 Net aKets-'"" 13.216.S41 13.062,777 Charlty lund$ Reslricte(l fvnds Unr6slrJcte¢'fuiid$ 17 17 13.362 13,203.179 13,362 13.049,415 Total funds 13.216.541 13.C62,777 The charitlo ¢ompanls net wnvement in funds ftythe year was £153,76412022- q21.90511. The trustees acknovAedge lfrir. respon$bArties for wrytyin9 With the requirements of the Act with respect to occounting records and preparat of financial sl8lements. The fman¢ial $tstem•nts were wroved aThJ authorised for issue by th tnJstees ld signed on theff l)eha¥ by.. iiobert Nomian Senior Tmstee Date.. 21 Decerthr 2023 The notes pages 16 10 35 form part ofthese fmancial staterrents. Page 14 Grifrir) Stone Moscrop& Co
LEWES COMMUNrrY SCREEN (A company limited by guarant••) CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 Cash flo fr¢m (Iperating activltifjs Net cash promded by operatin9 activitres 19 119,5961 69.278 Cash flow& from Investing a¢tiviti¢s Dividends. intefests and rnnts from h)vestments Proceeds from the sale of tsngible re0 assets Purchase ol tsn9ti)le fwed assets Proceeds from sale of investmw)Is Purchase of investments 87,363 59.164 1109,901} 505.938 {87.3531 {315.4911 134,25S} Net cash provid•d byllused Inl Investlng a¢tl¥ltl•s 396.037 {290,5321 Change in cash and ctsh equi¥•l¢mts in the year Cash and cash equwalents at.tha beginn91 y 376A41 (221,2541 652.804 431.550 Cash and Cash equivalents"•t the end .the year 20 807.991 431,550 . The notes CM) page5 16 10 35 form part of these fmancial 5tstnents Page 15 ffin St(e Moscrop&Co
LEWES COMMUNITY SCREEN (A company limited by guarants•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 R¢H 2023 Accounting polici•s 1.1 Ba$1$ of pr¢paratlon of finan¢o1 slatements The financial Statements have been Prepared in accordance with the ChaTitie$ SORP (FRS 1021- Accounting and Reporting by Charrts'. Ststement of Recommended Practi applicab to charities preparirvj thwr accounts in &cor(1an¢e wrth the Financial ReF¢rtr"ng Standard applicabl¢ in tha UK and Republic of Ireland (FRS 1021 (effective 1 January 2019), the Financial Reporting Stsndard applb in the UK a1 Republic of Ireland IFRS 102) and the ¢1PanIeS Act 2(. The finan¢ial ststements are prepared in sterfing. vthich k the fvnctK•nal ¢urrency of the charitable company, are rounded to the nearest £1. The preparalK)n of financial 5taterrwts n corylianrk whh the Charitie5 SORP IFRS 1021 and FRS 102 requires the use of certain critul accounting esty"mates. It also require5 management to exercise Judgent in apptying the charitable COM5 accounting poIleS (see Note 261. Lewes Communty Screen meets the definttion ol a publ bènefrt enbty under FRS 102. Assets and liabArtS are inittaNy recognised at histo1 $t tranwtion unless cthenwise stated in the rglevant accounting polry. -.The.¢SolKlalell sLement of financial acIn*itS (SOFA) and eonsolNJated ba1ce sheet consolidale "'the firkancial'stalerrwts of""the-charrtable c<Mnpany and its subsi(ary undertaking. The resutts of the Subsidiary are consolvJated on a line by linè basks. The charrtable compary has taken athantag• of the exemption alkwRd urmler 8ecti¢Jn 408 of the ' Companies Act 20Cfj ond has presènted rts statemenl of financial activities in thèse financAal slalements. 1.2 Company statss ..Lewes Communty screen- a cunpany linit&J by guarantee. The memtws of the ¢h8rtabl¢ .Company'are.fv of.the trustees"named an page 1. In the event of the charttable company being wound up, the Imbilty in respe¢t"of the guarantee ts lfvnited to £1 per member of the charitable company. 13 Fund a¢¢ounting General funds are unr¢strttad funds wht¢h aw avalable for use at the discretion of the trustees in furtherance of the general objeclpRs of the Group and whith have not been designated for othar puws. LlesKJnated fvnds ¢crfnwise unrestricled funds that have been set 85th by the tru$tees for parti¢ular purposes. The aim and use of desgnated fid is out in the rKles to the financial ststements. ReStrted funds a fvnds whth are to be use<J Tri accordance wtth specific restrictions imposed by donofs or vA)i¢h he been raised by the Group for parb¢ular purpose& The ¢0s1s of rai51ng and administering such fvnd$ are charged against the fuThl. Th8 aim ar use of restricled fund is sèt out in the note5 to the finan¢01 statements. Investment inwne. gains and are alkKated to the appropriate fund. Ptr 16 Griffin Ste Moscrop & Co
Du83 Enveknpe10'. 7AF804wl48328F?A5AsGB?olE LEWES COMMUNITY SCREEN (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accountlny policies {¢ontlnu•dl IA In¢ome It)come is recognwd at the fair value of ¢on$bJèrat&Jn re¢eNed or 1gc8ivaJle for donations and the sale of goods and services lo Custome in the ordinary nature of business. Income genered by the p¥enl company irKILKles tet 8ales. income from PfNate screenings, and incixne from running courses and workshops (excluding value added laxl- Ticket sa5 and in¢ome from prNate SCenIngS are reccgnised as the fAm is shMI. ItOme from runnin9 courses 15 recognised in the to it rebtes. Income generated by the subsidkary CLvnpany irKdeS sales of focJ and beverages (excljding value ajded tsxl. All in¢orne g¥nerale(I by the Subgdrary company 1$ re¢ogntsed at the point of sale. Grants are induded in the consdidated statement of financial activities on a receNabk basi5. The balance of inc(Mne receNed for Specffj puwes bul not expended during the period is shown in the rtrlwanl funds on the balarKe sheet. Where incryne received in ad¥¥nce of entitlement of CeI. rts reCognitn is deferred and induded in CredrtQ as deferred income. Where entf(lement ¢U[S before income is receNed. thè income r& accrued. In¢ome""lax rècovernble in relatin fo donatn$ recer4ed under Grt Aid or de&Js of eovenant k# recognised at the liTh of the d¢v)iin. 1.5 Expenditure ..Expendrture.Is fecogniseil ortce Iffire Is a le1 or conslructNe oblffjatw to trarnsfer eC(0M1¢ benefrt - to a third.party, ft is.probabk thal.a transfer of eco174C benefrts wil be required in settlement and . the amnt of the ob1vatn cartte rneasu Rliabty. Expendrture is classified by tLtivty. The ¢osts -.of èach actNity.are made up oithè totsl of direct costs and shared costs, including support costs invofved in undertw eh &twity. - Fundrai5ing"¢osts"•re ttx)se incurred in se•king w)luntsry contributtin$ and do not in¢lude the costs of disseminating infomathin in support of the Charitab thits. Support costs are those ¢o$ts incurred directty in SLPPOrt of expÈnditure on the rtjjects ofthe charitable company. C¢)sts of generaling funds are costs incuvred in attr&ting volunlary irtome. and those irKurfed Mi trading adNits th raise funds. Charitable aCtMtS and govemance costs a costs incurred on the charttable Company'8 Operat5. induding SUPPOrt cost5 and costs rdin9 to govemance of the company. 1.6 Going con¢om The trustees have continued to prepare the ffinancsal stat8ments on a going concem basis and deem this appropriale. The trustees do not ¢oftsider th a malerl un¢ertatnty about the goin9 wncem stslus exists. In making thi5 assessmenl the trustees have consJered the likety operating and trading ¢onditKns for a peritrj of months from the d* of appiovin9 these financial slatemenls. Page 17 friffin Stone Moscrop& Co
LEys COMMUNITY SCREEN {A company limiled ty guarants•) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accountlng poliel•s Icontlnued) 1.7 B1$ of con501idati¢)n The fina101 siatements ¢onsolklat& thè ffinan¢ial statwnpnts of Lthvas Convnunty Scre8n and ts subsKliary ¢ompany. The charitabk company has taken thanlage of the eXernpt contain&J wiéhin section 408 of the C¢)mpanies A¢t 2006 nol lo psent its rJ*n income an¢J experrtUre a¢¢ounl. The net income 121)22 - expenditure) for the year dealt with in the finala1 ststemenls of the chaiilablè company was £153.764 (2022- £21,905). 1.8 Govemment gAnts Govwnment 9rants reLating to tanglJle fued assets are treated ?5 deferred in¢ome and released to the ¢on501idated ststemenl of fin8n¢rd activitEs over the expected usefvl live$ of the assels concemed. Other grants are credrted lo the consclhlaled statement of finanrAal activrties as tho related expenditure 15 incurred. Page18 Griffin Strme M05crop & Co
Oocu&gn Envdope ID.. 7AF8D48Mi4148324BF7A%1SEE LEWES COMMUNITY SCREEN (A company limSt•d ty guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accountiny poli¢i•s {continu•d) 1.9 Tangible rd assots and d¢pociatlon Tangiblg fixed assets are carrwl * )$( nei of dekyecialion aYKI any provision for impainnent. Al each reporting date th8 charitable company assesses whether there 15 any indication of paimienl. If such Indicat ¢xists. the recoverable oUnt of thg asset is delemined to be the higheT of ts fair value less cos15 to sell and ts value in use. An impairment I¢M i8 recoynise<l where Dep¢IatJn is provKled at rate5 ¢ulated to wnte ¢)ff th¥ cosl of tangible fixed a5set$, h$s thr estimated re5Klual values. over their e¥pected usefvl lives on the folkywing bases. Freehokd prope Equi)ment - 2% strabJht line - 25% strawjht line The 8ssels' reshdual values. usefvl Irves and depreciatton melh¢)d5 are wiewed. and adjusted Proste4Y rf appropfiate. or rf there is an indKion of a SwJnffjant change since the last reporting date. Gains"and k)sse$ on IlisposaLTrre deternwned by comparirYJ the PTcKeeds wrth the carying Amount and rwnised in the consoled slatemwt offinancial a¢ti¥iiw. 1.10 Interest receivable -Interest on.fundS:held-n-.dep0Srt ts included whgn Ceivab and the anount can be measured "relrabty by.the ¢harrtabknOmp.anthis 15 normalty upon of the interest paKI w payable by the institutson w+th vthom the fijnds are deposttd. 1.11 Investments Fixed asset investsrnnts are a forni of furte181 instnjnent wd are initialty racognised at their transaGtKJn cost and subsequenlty Measur al fair value * the balanee sheet dale. unless the valuo rAnnol be measured relkabty in whKh case it is measured at cost less impairment. Investment gains and losses..whether realised or unrealised. are ¢oMbIn and presenled as 'GainsllLossesl on investments, in the ¢onsrAKL*d S&enI of fmancml a¢tM"tYes. Investments in subsK1iartes are valued * c<Jst less prov¢5bx for ThnwmienL 1.12 Stocks Stod(s are valued at th8 ILV4¥8r of cost and nat reali value after making due allowance for 1.13 oobtors Trade and other d8btors are reo)gnis8d ot the settlem8nl am¢)unt after any trad8 discount offered. Prepayments are Yakd at the amunt prepakl net of any tr•Je discounts due. Pe 19 Griffin stone Moscrop & Co
Docu&gn En¥e10". 7FBD48ftw414832A-7AS15G8 LEWES COMMUNITY SCREEN (A company limit•d ty guarnits•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounting polici•s Icontinuedl 1.14 Cash at bank and in hand Cash al bank and in hand in¢ludes cash and slYJrt4erm SiquKI irwe$tments wrth 8 short malurity of three months crf less from the date of acquisith)n or openng ofthe deposit or simrfar account. 1.15 Llabllrlies and provisions Liabdrties are rèctsjnised when tre is an d)fNJation at the balance sheel date as a result of a past event, it is probable thal a transfer of econ(Knic benefft will be requed in settlement. and the amount of the settlement can be estimated r8lHtIy. Ltablrties are rectsjnoed * the amount that the charitable company an11Pate$ rt will pay to seitle th debt or the amount it has received as advanced payments for the goods or Servi it must pmvide. Provisions a measured at the besl esb.mate of the amounts wuld to settle the obligatton. VVhar• the effect of the time value of money 15 material, the provision is based on the present value of thoso amounts, discounted at the Pf&tax discount rate that fleCtS the rtsk5 Specif lo the liabilrty. The unwndThig of the discount is [JnISed n the consolidated statement of fmancial actNities as a fin¢9 Cost. 1.16 Financlal instruments The" Group_onty has rMCIal assets financral liabAtt of a kind Ihat qualify as basic financi81 instruments. Bas finarla1 instruments are initialty racogfiis¢d at tran&ttlion value and subsequently -mea$uted_al.theK settlement-..value Tmth the eXP11 of bank k)an$ whi¢h are $ubsequent measured at amortised cost Ung the effective inlerest method. 1.17 P•nsions . .The Group.cwates"a defined ¢bUt1C1n pens)n xheme and the pens charyJ8 represents the amounls payable by the to the lund in resped ofthe ytar. Poge 20 Griffin Stone Moscrop& Co
LEWES COMMUNITY SCREEN (A company limit¢d by guarant••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Incom• from donations, sponsotship and 9rants Unrestricted Restrlcted funds fund$ 2023 2023 Total fund$ 2023 Total funds 2022 Donations and 5p)nSoh1p Grants Govemment grants 1,250,330 1.250.330 915 677 121,013 131,952 915 Tot•1 2023 1.250.330 915 1.251,245 253.642 Total 2022 227.830 25,812 253.642 Income from ¢h•iit•bl• acllvltle5 Unrestricted funds 2023 Totsl funds 2023 Total fiJnd8 2022 Operation of a cTirrUnitY cinoma 'E3-. 975.651 975.6S1 785.233 Total 2023 975.651 975.651 785.233 Totat 2022 785,233 765.233 Page 21 friffin Stone Moscrop & Co
LEWES COMMUNITY SCREEN {A company Ilmitthl by guarnnteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 IAARCH 2023 Inv¢stment income Unrestricted funds 2023 Total funds 2023 Total funds 2022 Income from local Ir&led inve$tTrw Investment kxa cash 87.353 87,353 59,135 29 Total 2023 87.353 87.3S3 59,164 Totsl 2022 59.164 59,164 Inv¢slment management costs Unrestri¢ted fund$ 2023 Total funds 2023 Total funds 2022 Investmenl managemeril fees 78 78 Total 2023 78 78 Total 2022 78 78 Page 22 Griffin Stone M05crop & Co
LEWES COMMUNITY SCREEN {A ¢ompany lirnited by guar•nt¢•} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 An•lysi$ ot exyndltur¢ on ¢havltabl• a¢llvities Summary by fund typ• funds 2023 fund5 2023 Total 2023 Total 2022 Operatb)n of a ¢ommunty cinema 1.644.737 915 1.64S,6S2 1,221,619 Total 2023 1,644.737 915 1,645.552 1.221.619 2022 1.203.498 18.121 1.221,619 Summary by •XP•ndTrre typè taff costs Dewrfiation Othèr costs 2023 2023 2023 Total 2023 Total 2022 Operatton of a comrnty 158,407 881.109 1.645.652 1,221,619 Totsl 2022 408,124 185.575 627.920 1.221,619 Page 23 Griffin Stone Moscrop & Co
0u$ln En¥d ID.. 7AF0048&3LW148324BFA-7A&45688 LEWES COMMUNITY SCREEN {A company limited by guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IWiCH 2023 Expondire on g•n•rnl ¢h•ritible ¢tivltles Activities undertaken dir•ctly 2023 Grant lunding of activiii•s 2023 Support Total funds 2023 Total funds 2022 2023 Operation of a community cinèma 983,295 3.077 659.280 1.64S.652 1.221,619 Totsl 2022 547,822 1.918 671.879 1.221.619 Analy$i$ of dir•¢t costs Op•ratlon ¢ommunty ¢ln•ma 2023 Total fvnds 2023 Total funds 2022 Staff V. i-" Operoting xpense$-. Film and othèr dire¢l expenses. T¢ket pro¢e$$ing charges Confectionery. catermg et¢ 489.485 66.303 375.034 28,862 23,611 489.485 .303 37S.034 28.862 23.611 2NJ.855 28.442 262.001 32.266 24.258 983.295 983,295 $47,822 Page 24 Griffin St{e Moscrop& Co
DowSbJn ID.. 7AFB04W(w148324BF7A&i8682E LEWES COMMUNrrY SCREEN {A company limit•d by guarant••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Expenditure on g•neral charitable acthltles Icontinuedl Anatysig of $upport costs community in•ma 2023 Total funds 2023 Tol81 fvnds 2022 staff costs Websrte h05ting maint*nan¢e Adv•'$ing arTrd pr(XTKI"on Lagal and profe55wal fees Insuran Profv$$ional fees Audi( and ?Ounn f•es Genèral office e¥penses Bank charges Entwtainment Light and heal Tglephone and Nrterriet. Repairs.and mwrilenaiice Cleaning IT Softwa and consumables Li)s(profrt) on the sale of fixed assets Am0"$atln 116,651 158,407 6.525 116.651 158A07 6.525 207.269 185,575 5,475 4,561 23,759 25,362 12,954 8,370 1,387 1,1r20 53,870 8,724 35,531 49,105 15,260 13.710 13,738 619 1501 5.640 33.980 34.901 13,093 11,663 2,284 1.920 1(6.116 33.980 34.901 13.093 11.683 2284 1,920 106,116 69.917 53.058 15.659 7.976 11.414 2.649 69,917 53,058 15.659 7.976 11A14 2,649 Losts on disposal of fix8d assets Auditors. r0munofat1- audit 659.280 659,280 671,879 Page 25 Griffin Ste Moscrop & Co
LEWES COMMUNITY SCREEN (A company IlmTrted ty guarant••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Tiust•es' remun•ration and expense5 Dvm9 Ihtr year, no truste•5 rKeived any rurtrOn or dher benefrt$12022- £NILI. During the year erthj 31 March 2023, trustee expenses have been incurred12022- £NILI. Auditors. r•muneralion Auditors. remunerab.on of the gTOUP Colw audit fees of £8.700 (2022- £8.640) ond a¢counlarKy and payTc41 charges etc of £16.273 {2022- £14.2331. Auditors, remuneratitsn of the company comprtses an audit fee of £6,480 12022 - £5,640) and aCCCrtJntarq and pa1 eharyes etc of £13.093 {%r22- £12.954). 10. Staff Costs Group 2023 Company 2023 Ccfflpany 2022 2022 - wages.and salarw . SOCAI se¢urity $ts-_ Other pension costs . 1.099.763 80.681 22.236 971.328 64.612 18.456 $43,306 40.694 22.236 374.309 25.971 1.202.680 1.054.396 606.136 408,124 .All employee5.are en4)loyed by Ihe.eharitabk company. H(N¥ever. staff costs spectfically lating to the .Irading subswjiary afe recharged by the charitable company lo the Irading subsKliary under a Shared Resourcés Agreement. DuriThJ the year. S[h Gosts amounted to £5%.$44 {2022 - £646.3131 and have been netted off in arriving at the figures in Ihe'companf cdumns above. The average number of per$ employed by the charitable cc#npany durirwJ th• year was 0$ follws.. Group 2023 No. Group 2022 No. AthinistrntM)n aTrJ Magement Bar and restaurant 23 41 No employee received remunerntK>n aTr)unting to me than £60.000 h) either aT. Key management Person. conwdered to te the l)oard of Trustees armj the Creative Diredor. received lotsl remuneratT¢n in the year. including llY88 bengfts, d ts4,169 {2022- £S7,0251. Page 26 Griffin Stone Moscrop & Co
DSiqn Enknpe ID.. 7AFBC)Wtr30A1-4832.8BFA-7A&4568 LEWES COMMUNITY SCREEN (A company Ilmlted by gurnntsel NOTES TO THE HNANCIAL STATEMENTS FOR THE YEAR ENDED 31 P•WICH 2023 11. Tangible fixed •ssels ' Group and Company Fftehold Equipnènt property etc Total Cost At l April 2022 Addf(ions 9.085,820 27,694 668.507 82.207 17.524} 9.754,327 109.901 ,$241 Disposals At 31 Mar¢h 2023 9.113.514 743.190 9,856.704 Depreclatlon Al 1 Tr2022 - Charge forthe year_. On disposals 697.429 145.476 641724 11931 (7.521) 1,342.153 158.407 17.5211 ."At 31-"March 2023. 842,905 650.134 1A93.039 Nel book valu• At:31 March 2023-_ 8.270.609 93.056 8.363,665 - At..31_MaTch 2022 8.388.391 23.783 8,412.174 Paje 27 Griffin Stone Moscrop & Co
LEWES COMMUNrrY SCREEN (A wnpany limited by guarant¢e NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AIARCH 2023 12. Fixed asset Inv•stm•nts Investment In subsidiary Listed und•rtaking investm•nts Total charltable Company Cogt or valuation At 1 April 2022 Addrtions 4.274,941 87,3S3 ($60,287) (460,406) 4,274.942 87.353 1560.2871 1460,4061 D•s RevaluatKJns At 31 March 2023 3.341,601 3.341,602 The investment in subsidiary urHlertakn'n9 relat8S to 1 ordinary share of £1 in Lewes Communty Screen .{Tradingl Limited (company_"number.IC698777),. rèpresents"rwJ 100% of the issued sharè capital of that company. .Ouring the year Lewes Communty S¢retn ITrading} Limrted generated a profrt of £nil12022- the same). eomprising lumover of £1.081.701 .12022 £1.076.8561 less expenditure of £1,081.701 {2022 £1.076,856).""At"31"March.2023 Lewis Communty Screen ITraling} Limited's net assets totsljed £1 12022 -.the sam81.-coinprising tdal assets of.£111.67212022- £84.3S9) sS total Itabilities of £111.67112022- £84.358}. 13. Stocks Group 2023 Group 2022 Food and wet gct<ls" 16.611 13.219 Page 28 Griffln 5tcme M05crop &Co
DocvSKJn Ernlope ID.. 7AFBDth3fy414832.0gF7N5Kw8 LEWES COMMUNITY SCREEN (A company limited ty guaranlee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Debtors Group 2023 Group 2022 Company 2023 Company 2022 Due within one year Trade debtors Amount by group undertaking Other debtors Prepayments and aCcnd income Tax recoverable 6.331 4.708 6.331 67,460 539,144 27,276 250.000 4,708 43,190 16.775 21.422 539.144 27,276 16,775 21.422 822.751 42.5 890.211 86,095 16. Creditorn: amounts falllng du• ith•n one y•ar Group 2023 Group Company Company 2022 2023 2022 Trade ¢red((ors Other.lax81ion and seujrfty Other creditors 62.879 25.514 7.699 39.986 23,968 25,$14 7,699 34,686 17,978 28,356 342 24,168 28.356 342 29.268 136.078 112.012 91.867 70,844 f6. Flnan¢ial in$trumonts Group Z023 Group 2022 Company 2023 Crjnpany 2022 Financlal assets Finan¢ial assets measured at far value" through inefft and expeThliture 807,991 431.550 712,930 360,410 Financtal assets meas(wed al fair vdue IPwowh" income and expenditure ¢prise cash al bank and vi hand12021- the same). Page 29 Griffin Stone Moscrop & Co
Ooci6TrJn Enydope ID". 7AF8D488-30A14832-8BFA-7ASA56882E LEWES COMMUNITY SCREEN (A Company limit•d by gnn1•¢} NOTES TO THE FINANCIAL STATEMEMTS FOR THE YEAR ENDED 31 MARCH 2023 17. Statement offund8- ¢ent year Balance * 31 Mar¢h 2023 Balance at 1 AprH 2022 Tvansfers IAlout Gainsl IL05sesl Incom• Exponditu Deslgnat funds Fixed assets fund 8,411174 148.5091 8.363.66S General funds General fund 4637.241 3.395,035 12.726.516) 1514,755} 4.839,614 Total Unrestricted funds- 13."049.415-. -.3.395,1)35 12.726.516) 1514,755) 13,203,179 Restrl¢ted funds Dementia FrierKIIy Screenings Food Waste Edu¢*ion Mental Health on Film Memorial Bench 7,752 7.752 3.966 91S {9151 13.362 915 1915 13,362 Total of funds 13.062.Tn 3.395.950 12.727.431} 1514.76SI 13,216,$41 P4e 30 Griffin Stone M05crop& Co
DDcuSvJn Erw2hipe ID". 7AFBD4b(IAl4832*7As4E LEWES COMMUNfry SCREEN IA ¢ompany Iwnited by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 17. Statement of fvnds l¢ontinuedl Stat•m•nt of fvnds- prfor y•ar Balance at 31 March 2022 Ban¢t * 1 Aw12021 Transfers inlout Gainsl (Losse51 Income Expenditure Unrestricted funds Designated funds Fixed assets furKI 8.563.495 (151.3211 8.412.174 General funds General fund 4.500.176 2.149.083 P,280.4321 166,661 101.753 4.637,241 Total Unrestrict funds 13,C63,671_ 2,149.083 {2,280.432) 15.340 101,753 13,049,415 Restricted funds Young Fi Programmers Dementia Friand Screen1j$ Shtftin9 Ground Food Waste EdUCatn Menki Heah c Film French Frfm Fesliwal 10.104 19.663 114.42n (15.340) 8.675 1923) 1588) 7,752 4,450 1484) 3.6 1,699 11.flJ91 21.011 25,812 (18.1211 (15.340) 13.362 Total of funds 13.084.682 2.174.895 {2,298.553) 101,753 13,062,717 Page 31 fyiffin Stone Moscrop & Co
DocuS4n EOpe ID". 7AF8o48&314$j2-8B$7A&s68E LEWES COPAMUNITY SCREEN IA ¢tynpany limited by guarant••l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IdAR¢H 2023 17. Statement of funds {contlnu•d) The designated fed assets fund represents an anounl Set aside by the trustees equal to the net book vahje ofthe charrtable companls intangtsle and taroible ftxed assets. The general lund represents the group's free reserve5, after for the d05vJnaled fixed a55ets fund. The transfer of £48,509 from the f¢d asset5 fund to the general fvnd an amount equal to the amortisalion and depreoation charge5 re"n9 to the ar. rbet of the charttable c(¥npanl$ expendrture on intarrfJible and tsngible fixed assets and subsequent disp)sals during the year. The Mentsl Health on Film fvnd 15 SUPFX)rted by Ffim Hub N¢yth. and represents funding to enhance marketing pkns and dbjital assets. and to create publtty ci•rAytUnrt to maximise aJienceS for the Young Film Pro9rammets proJ•ct The Dementia Friendty ScreeniThJs fvnd 15 SUPWted by Le•ves T(Mn Council. and represents income and expenditure lating to th& provr&KJn of screenitvjs for pecyle INing wrth dement in and around Lewes. The Food Educatb)n fuThJ 15 SllPPOrted by O¢tcter Feast. an NiitiatNe that ha5 rw changed hands, aThJ rÈpresents income and expenses reLiting to the runnmg ol an educatKJnal frfm produdion programme -. which is a¥ned at raising. 8Yareness aboul food wastage. As a result of the COVID-19 pandemic, the -prograinn-.has.-b¢en-temporarity. paused and wil be restart&J once rt is considered safe enough for young people to resurr 4wJrking togetherat the Depot The Memorial bench ftEnd' 15 by a (Icffiat Iwds th• instsllab.on of a memorial ben¢h in the Depoys garden. Anafysis ol net ass•ts b•tw•en funds Analysis of net assets b•i¥rnen thnds - currnnt year Unrostricied Restrlct¢d fund$ funds 2023 2023 Tot•1 funds 2023 Inlan9t4e fixed assgt Fixed asset investments Current a55ets Creditors due within one 8.363,665 3,341.607 1,633.991 1136,078) 8.363,685 3.341.601 1.647.353 1136.0781 13,362 Total 13.203.179 13.362 13.216.541 Page 32 Griffin Stone Moscrop& Co
DwJS¥n ErweKipe10.. 7NF8O48&yJA148324BF7Am566 LEWES COMMUNITY SCREEN {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCkl 2023 18. Analysb of net assets betwn funds (continued Analysis of n•t ass8ts bolwoen funds- pth>r yoar Unrestricted Restricted funds funds 2022 2022 Total funds 2022 InWgible fixed assets Fixed asset investments Current assets 8.412.174 4.274.941 474.312 1112,0121 8,412,174 4.274.941 487.674 (112,012) 13.362 Credrt¢XS due within one JE8r . Total 13.049.415 13.362 13,062,777 19. Reconclliation of net movèmènt in fvnd$ to net ush Ilow fn>m operating activities Group 2023 Group 2022 ..Net..incomelexpenditure for the sear las per Statement of Financial Activities) 153.764 121.9D51 AdJustm•nts for: Depreciation charges IGainsyIo85es on inve51ments"_ DNidends. interests and ren15 from investmerts Lossl{profrt) on the sale of fixed assas Increase in stocks 158.407 514.755 187.353) 185,575 {101,7531 159,164 1501 1277 9,759 57,093 13.3921 1779.8461 24.066 Dreasel{lnCrea$g) in debtors Increase in CrtOrS Net cash provlded by1{uS In) olatIng actlvltles {19,5961 69,278 Paye 33 &iffin Stone Moscrop & Co
DOLW En*fv)pe ff). 7AFBD43OA14832F7As8 LEWES COMMUNiff SCREEN IA ¢ompany Ilmlted by gu•rantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 20. Analysls of cash and cash.equival•nts Group 2023 Group 2022 Cash in hand 807.991 431,550 Tol4 ca$h and c•sh equlvants 807,991 431,550 21. Anafyst5 of changes In net detst Al 1 April 2022 Cash flows At 31 March 2023 Cash al bank and in hand 431.550 376.441 807.991 431.5SO 376N41 807,991 Page 34 Griffin Stone Moscrop & Co
DoevS3n EnvdoFe ID.. 7PFBo48&A14832WA-7A&156s ' LEWES COMMUNITY SCREEN IA e(wnnY limlted by guarnnte•) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AIARCH 2023 P•nslon commitmènts The groLP operates a defined contribUtn pensKJn scheme. The assets of the scheme are hehj sepale from those of the group in an independently administeod fund. The pension cost charge represents onlnbulions payable by the group to the lund and amounted to £22.23612022 - £18.456). Contributions totaling £7,11412022- £2211 were payable to the fund at the balance sheet date. R•latsd party trnn$•¢tions Income from dtsnatnS rKludes £1.OLX).00012022 - £nrt) TeceTrMI from ce of the charitable Comp8 trustees. 24. Controlling party and key manag•m•nt p•tsonn•l The charitsbk company is r)xtrolled by iwo of the trustees, who are onty member5. Whilst the Iwslees are respsible lor the overall management of the chariith ccrfnpany. as detailed in the trustees, report. the day4aY wnnin9 of the chanty is ddeged to the admintstratty. one of the organisat)n's employees. G•n•r•l Infornmtknn '. Lves'Communty Sen ts".a charilabl8 ¢rynpany incorpnled ar regthed in Englar)d and Wales. Its -" règistèred office address is 18 Kaère Street. Lewes. East Suw4 Bmi 1TY. -.JudgoM•nts"In""•pptylng.a¢¢ounn9 poli¢i•s and kny sou¥$ of •stlm•tlon uneertalnty In the applralk)n of the charitable ccryanls accountiw les. Ihe trustees are required lo make judgements. "eslffnates.and:a$sumptK>ns abrt the cartyng amount of assets and liabiltties that are not Teadity apparent from olhef sources.. The estimates and associated assumptiDll5 are based on hN%lorical experience arKI othor lactors that are consKler•l to be rglwant. Araual resuts may ddfer from these estimates. The estimates and ndy assunytions are revivwad on an cfflgoM bs. RevisKJn5 to accounting estimates are re¢ognised in the pencoJ in whth the estKnate is revised, rf the vIsion affects onty that period, or in the per of the reviSn and fulure perS rf the revisn affects both currsnt and future pgriod$. H¢y*ever. there we no jLtdgements or assumptwJns that have a signifKant rk of causrng material adju5trnent. Pe 35 Griffin Strffle Moscrop & Co