2023-03-31-accounts - Aldeburgh Cinema Trust

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Trustees	Charles Laughton-Scott - Chairman
	Jill Green
	Maryanne Nicholls
	Sarah Turnbull
	Stephen Barnard
	Frederick Goetzen
	Mary James
	Janice Turner
	Jennifer Hanlon
	Alison Morrow
Secretary	Stephen Barnard
Charity number	1151433
Company number	08389118
Registered office	51 High Street
	Aldeburgh
	IP15 5AU
Independent examiner	Carl Page
	Blyth House
	Rendham Road
	Saxmundham
	IP17 1WA

	Page
Trustees' report	1 - 4
Independent examiner's report	5
Statement of financial activities	6
Balance sheet	7-8
Notes to the financial statements	9-20

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2023	2023	2023	2022	2022	2022
	Notes	£	£	£	£	£	£
Income from:
Donations and
grants	3	37,379		37,379	105,593		105,593
Charitable activities
Films		129,815	-	129,815	127,062		127,062
Alternative Content		31,536	-	31,536	-	-	-
Events		22,599	-	22,599	17,331	-	17,331
Kiosk		37,609	-	37,609	32,115	-	32,115
Friends
subscriptions		19,585	-	19,585	19,584	-	19,584
Other trading
activities	4	46,234	-	46,234	19,033	-	19,033
Investments	5	771	-	771	464	-	464
Total income		325,528	-	325,528	321,182	-	321,182
Expenditure on:
Raising funds	6	-	-	-	851	-	851
Charitable activities
Cinema Expenses	7	320,388	30,915	351,303	278,104	10,084	288,188
Total charitable
expenditure		320,388	30,915	351,303	278,104	10,084	288,188
Total expenditure		320,388	30,915	351,303	278,955	10,084	289,039
Gross transfers
between funds		-	-	-	(4,750)	4,750	-
Net income/(expenditure)
for the year/
Net movement in funds		5,140	(30,915)	(25,775)	37,477	(5,334)	32,143
Fund balances at 1 April
2022		245,987	72,194	318,181	208,510	77,528	286,038
Fund balances at 31
March 2023		251,127	41,279	292,406	245,987	72,194	318,181

		2023		2022
	Notes	£	£	£	£
Fixed assets
Tangible assets	11		70,420		85,052
Investments	12		1,000		1,000
			71,420		86,052
Current assets
Stocks	13	2,805		2,533
Debtors	14	21,090		41,343
Cash at bank and in hand		253,409		242,266
		277,304		286,142
Creditors: amounts falling due within
one year	15	(56,318)		(54,013)
Net current assets			220,986		232,129
Total assets less current liabilities			292,406		318,181
Income funds
Restricted funds	17		41,279		72,194
Unrestricted funds
Designated funds	18	7,675		19,154
General unrestricted funds		243,452		226,833
			251,127		245,987
			292,406		318,181

	Unrestricted	Unrestricted
		funds funds
	2023	2022
	£	£
Donations and gifts	37,379	96,892
HMRC Coronavirus Job Retention Scheme	-	8,701
	37,379	105,593
Donations and gifts
General donations	29,986	27,503
Friends donations	7,273	13,318
Sale of Donated Clothing	-	15
Appeal Income	120	688
BFI Culture Recovery Fund	-	25,222
Plan for the Future grant	-	19,479
Other grants	-	10,667
	37,379	96,892

	Unrestricted	Unrestricted
	funds	funds
	2023	2022
	£	£
Advertising & Sponsorship income	8,429	7,744
Business Interruption Insurance proceeds	19,548	-
Lettings income	13,437	8,810
Sale of Christmas Cards & other miscellaneous activities	4,820	2,479
Other trading activities	46,234	19,033

	Cinema	Cinema
	Expenses	Expenses
	2023	2022
	£	£
Staff costs	102,032	91,942
Depreciation and impairment	24,703	14,616
Films	53,116	52,969
Alternative Content	16,332	6,374
Events	13,418	7,800
Kiosk	16,187	12,998
Programming	7,333	5,591
Marketing	1,915	2,081
Premises	54,506	64,698
Projection, sound, and other equipment	3,791	5,267
Administration	33,651	23,852
Grant repayment	24,319	-
	351,303	288,188
	351,303	288,188
Analysis by fund
Unrestricted funds	320,388	278,104
Restricted funds	30,915	10,084
	351,303	288,188
For the year ended 31 March 2022
Unrestricted funds	278,104
Restricted funds	10,084
	288,188

The average monthly number of employees during th	e year was:
	2023 2022
	Number	Number
Part time	10	11
Volunteers	-	15
Total	10	26
Employment costs	2023	2022
	£	£
Wages and salaries	100,410	90,428
Social security costs	281	302
Other pension costs	1,341	1,212
	102,032	91,942

Tangible fixed assets
	Leasehold	Fixtures and	Computers	Total
	Improvements	fittings
	£	£	£	£
Cost
At 1 April 2022	48,665	73,702	67,275	189,642
Additions	10,375	216	534	11,125
Disposals		(4,939)		(4,939)
At 31 March 2023	59,040	68,979	67,809	195,828
Depreciation and impairment
At 1 April 2022	11,817	64,454	28,320	104,591
Depreciation charged in the year	5,719	4,098	14,886	24,703
Eliminated in respect of disposals		(3,886)		(3,886)
At 31 March 2023	17,536	64,666	43,206	125,408
Carrying amount
At 31 March 2023	41,504	4,313	24,603	70,420
At 31 March 2022	36,848	9,248	38,956	85,052

12	Fixed asset investments
			Unlisted
			investments
			£
	Cost or valuation
	At 1 April 2022 & 31 March 2023		1,000
	Carrying amount
	At 31 March 2023		1,000
	At 31 March 2022		1,000
13	Stocks
		2023	2022
		£	£
	Finished goods and goods for resale	2,805	2,533

14	Debtors
		2023	2022
	Amounts falling due within one year:	£	£
	Trade debtors	5,898	2,103
	Other debtors	8,366	27,104
	Prepayments and accrued income	6,826	12,136
		21,090	41,343
15	Creditors: amounts falling due within one year
		2023	2022
		£	£
	Other taxation and social security	6,909	953
	Payments received on account	21,879	16,010
	Trade creditors	4,574	10,121
	Accruals and deferred income	22,956	26,929
		56,318	54,013

	Balance at	Resources	Transfers	Balance at	Resources	Balance at
	1 April 2021	expended		1 April 2022	expended 31	March 2023
	£	£	£	£	£	£
Documentary Festival
Funds	4,048	(4,048)		-	-	-
Cinema Development
Funds	43,531	(5,912)	-	37,619	(5,032)	32,587
Studio Projector Fund	380	(124)	-	256	(256)	-
Educational Outreach Fund	28,319	-	-	28,319	(25,627)	2,692
Studio Seating Fund	1,250	-	(1,250)	-	-	-
New Projector Fund	-	-	6,000	6,000	-	6,000
	77,528	(10,084)	4,750	72,194	(30,915)	41,279