|CONTENTS OF THE FINANCIAL
STATEMENTS| |---| |for the year ended 31 March 2022| ||||Page| |---|---|---|---| |Reference and administrative
details|||| |Report ofthe Directors and Trustees'|Annual|Report|| |Independent
Auditor's
report|||| |Consolidated
Statement of Financial|Activities||14| |Group and Charity Balance Sheet|||15| |Consolidated
Statement ofCash Flows|||| |Notes to the Financial Statements|||17| ## ||Registered|Company|number:|07929154(England and Wales)|07929154(England and Wales)|07929154(England and Wales)| |---|---|---|---|---|---|---| ||Charity number:|||1151595||| ||Directors:|||D.N. Meredilh
(Chairman)||| |||||A, Hardy (Vice Chairman)||| |||||L.P. Moore||| |||||A.C. Benfield||| |||||C.D. Arnold
(resigned|11|May 2022)| |||||A.J.Roberts||| |||||S.C Jordan||| |||||Z. Sultana||| |||||I. Knight (resigned 6 April 2021)||| |||||M.R.McCaffrey (resigned||12 May 2021)| |||||T.Owatemi
(appointed|21 April 2021)|| |||||C.Amoakoh
(appointed||13April 2022)| |||||C.D.Thomas (appointed||13Apnl 2022)| |.|Chief Exerutive Officer.|||K. Shaw||| ||Registered|office:||Dne Eastwood
Harry Weston Road||| |||||Bin)ay Business Park||| |||||Coventry||| |||||West Midlands||| |||||CV3 2UB||| ||Principal Ofhce:|||The Albany Theatre
Albany Road||| |||||Coventry||| |||||CV5 6JQ||| ||Auditors:|||Dafferns LLP||| |||||Chartered
Accountants||| |||||One Eastwood||| |||||Harry Weston Road||| |||||Binley Business Park||| |||||Coventry||| |||||CV3 2UB||| ||Bankers:|||The Co-operative
Bank
P0 Box101||| |||||Balloon Drest||| |||||Manchester||| |||||M60 4EP||| |||||Lloyds Bank||| |||||30 High Drest||| |||||Coventry||| |||||CV1 5RE||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||for th|e year ended 3|1 March 2022|||| |---|---|---|---|---|---|---|---| |||||||Total|Total| ||||Notes|Unrestricted|Restricted|2022|2021| ||||||2|2|| |INCOME FROM:|||||||| |Donations end legacies:|||||||| |Grants||||325,000|300,000|625,000|485,887| |Donations||||8,554|6,000|14,554|2,753| |Charitable
Activities:|||||||| |Operation
oftheatre||||257,319||257,319|26,447| |Other trading
activities||||172,543||$72,543|| |Other income||||3,416||3,418|387| |Total income||||766,832|306,000|1,072,832|515,474| |EXPENDITURE ON:|||||||| |Trading activities||||85,488||85,488|| |Charitable
activities:|||||||| |Operation
oftheatre|||6|548,002|54,924|602,926|436,808| |Other:|||||||| |Governance
costs|||7|3,950||3,950|7,409| |Total expenditure||||637,440|54,924|692,364|444,217| |Net income /net expenditure||for|||||| |the period before|transfers|||129,392|251,076|380,468|71,257| |Transfer between|funds||||||| |hlet movement
in funds||||129,392|251,076|380.468|71,257| |Reconciliation of|funds||||||| |Total funds brought|forward|||684,639|922|685,561|614,304| |Total funds carried|forward||18|814,031|251,998 1,066,029||685,561| ## ||||
Register|
Register|ed
No. 0792|9154| |---|---|---|---|---|---|---| |GROUP AND|CHARITY|BALANCE|SHEET|||| ||31 March|2022||||| ||||~Grou||~Charit|| |||2022||2021|2022|2021| ||Notes||||5|5| |FIXEDASSETS||||||| |Tangible assets
Investment|10
11|775,08'I||599,404|775,081
100|599,404
100| |CURRENT ASSETS||||||| |Stock|12|8,291||320|8,291|320| |Debtors|13|31,220||67,283|59,062|71,353| |Cash at bank and in hand||511,155||97,348|491,644|93,130| |||550,666||164,951|558,997|164,803| |Ll*BIUTIES||||||| |Creditors
falling due within one year||(239,000)||(55,816)|(247,348)|(56,242)| |NET CURRENT ASSETS||3'l1,666||109,135|311,649|108,561| |TOTAL ASSETSLESS CURRENT LIABILITIES||1,056,747||708,539|1,086,830|708,065| |CREDITORS||||||| |'-Amounts
falling due after more than one year|14|(20,718)||(22,978)|(20,718)|(22,978)| |NET ASSETS||1,066,029||685,561|1,066,112|685,087| |FUNDS OF THE CHARITY||||||| |Unrestricted
income fund||814,031||684,639|814,114|684,165| |Restricted funds||251,998||922|251,998|922| |TOTAL CHARITY FUNDS||1,066,029||685,561|1,066,112|685,087| ## ## ## ||||||Group|Group| |---|---|---|---|---|---|---| ||||||2022|2021| |||||Notes|9|6| |Net cash|flow from operating
activities|||20|618,048|4,378| |Cash flow from Investing||activities||||| |Payments|lo acquire tangible||fixed assets||(204,241)|(55,538)| |Net cash flaw fram investing|||activities||(204,241)|(55,538)| |Net (decrease) Iincrease||in|cash and cash equivalents||413,807|(51,160)| |Cash and|cash equivalents||at 31 March 2021||97,348|148,508| |Cash and|cash equivalents||at 31 March 2022||511,155|97,348| |Cash and|cash equivalents||consists of:|||| |Cash at bank and in hand|||||511,155|97,348| |Short term|deposits|||||| |Cash and|cash equivalents||at 31 March 2022||511,155|97,348| ## ## ## ## ## ## ## ## ## ## ## |PARENT CHARITY STATEME|NT OF FINA|NCIAL ACTIVITIES|||| |---|---|---|---|---|---| |||||Total|Total| |||Unrestricted
E|Restricted
f|2022
E|2D21| |INCOME FROM:|||||| |Donations
and legacies:
Gmnts||325,000|300,000|625,000|485,887| |Donations||8,554|6,DDD|14,554|2,753| |Charitable
Activities:|||||| |Operation
oftheatre||359,696||359,696|26,447| |Other income||61,259||61,259|387| |Total Income||754,5D9|306,000|1,060,509|515,474| |EXPENDITURE ON:|||||| |Charitable
activities:|||||| |Operation oftheatre
Grants paid||548,0D2
72,608|54,924|602,926
72,608|436,808| |Other:|||||| |Governance
costs||3,950||3,950|7,409| |Total expenditure||624,560|54,924|679,484|444,217| |Net income Inst expenditure
the period before transfers|for|129,949|251,076|381,025|71,257| |Transfer between funds|||||| |Nei movement
in funds||129,949|251,076|381,025|71,257| |Reconciliation
offunds|||||| |Total funds brought
forward||684,165|922|685,087|613,830| |Total funds carried forward||814,114|251,998|1,066,112|685,087| ## ## ## |||||| |---|---|---|---|---| |GRANTS RECEIVED|||2022|2021| |||||8| |Coventry
City Council|||300,000|50,000| |Arts Council|||250,000|285,000| |General
Fundraising|||75,000|75,000| |Covid19 grants||||75,887| ||||625,000|485,887| |2021 grants received are all attributed|to unrestricted|funds.||| |THEATRE INCOME||||| |Theatre
hire|||106,647|25,305| |Bar income|||60,524|295| |ice cream sales|||2,085|| |Tuck shop sales|||16,630|| |Bax office ticket charge|||45,005|740| |Ticket levy|||26,428|107| ||||257,319|26,447| |5.|OTHER|INCOME||| |---|---|---|---|---| ||Other incame||1,24D|387| ||Outreach|income|2,176|| ||||3,416|387| ## ## ## ## |fa|r the year ended|31 INarch 2022||| |---|---|---|---|---| |OPERATION DFTHEATRE|||2022|2021| |||||E| |Bar purchases
Ice cream purchases
Tuck shop purchases
Direct show costs|||23,828
1,384
8,005
638|1,202
213| |Operattng
expenses:
Establishinent|||154,331|133,549| |Consultancy
and staff costs
Marketing
and website
Communication
and IT|||262,217
33,269
10,742|225,757
4,929
7,303| |Technical|||11,935|| |Electrical repairs and maintenance
Building
wark and security
PPL Licence|||4,844
967|3,242
817| |Professional
fee|||1,697|| |Sundries|||743|1,027| |Depreciation
Bed debt|||28,564|33,105
(150)| |Bank Charges
BoxOffice Costs|||495
16,257|343
11,561| |Project Manager Fees
Outreach costs|||39,990
3,020|13,910| ||||602,926|436,808| |2021 expenditure
is all attributed|to unrestricted|funds.||| |GOVERNANCE
COSTS|||2022|2021| |||||9| |Accountancy
and Examination
Prafessianal
Fees|fees||3,950|2,100
5,309| ||||3,950|7,409| ## ## |No paym|ent
ofexpe|nses has been made toTrustees|in the current or preceding
year.|| |---|---|---|---|---| |STAFF|COSTS||2022|2021| ||||E|| |Wages
National|and Salaries
insurance|Contributions|234,876
14,554|207,582
15,033| |Pension|contributions||4,683|3,914| ||||254,113|226,529| ## ## ## |for the|
year ended 31 March 2022||| |---|---|---|---| |STAFF COSTS cont...||2022|2021| |Average
number ofstaff||14|15| |Full Time equivalent||12|8.5| |No employee
received remuneration|off60,000or more.||| |10.|FIXEDASSETS|| |---|---|---| ||GROUP and CHARITY|| ||Cost|| ||At 1 April 2021|747,170| ||Additions|204,241| ||Dispossls|| ||31 March 2022|951,411| ||Depreciation|| ||At 1 April 2021|147,766| ||Charge for year|28,564| ||At 31 March 2022|176,330| ||Net Soak Value|| ||At 31 March 2022|775,081| ||At 31 March 2021|599,404| ## ## ## |Results of|active company||||| |---|---|---|---|---|---| |Year ended|31 March 2022|Turnover
f|Gross
Profit|Admin
~Ex s|Operating
Lossf| |Albany
Productions
Limited||245,151|74,228|74,285|(57)| |Summery|ofbalance sheet||||| |||Debtors 6|Due ta|Other|Net| |Year ended|31 March 2022|Cashf|Charity|Creditors
f|Assets
f| |Albany
Productions
Limited||28,099|(27,842)|(240)|17| ## ||f|orthe year ended 3|1 March 2022|||| |---|---|---|---|---|---|---| |12.|STOCK||Group
2022|2021|Charity
2022|2021| ||||5|5||| ||Bar and food stock||8,291|320|8,291|320| |13.|DEBTORS|||||| ||Trade debtors
Prepayments
and accrued income
Amounts
due from subsidiary
undertakings
Other debtors||'i,248
29,972|534
52,943
11,201|1,248
29,972
27,842|534
52,943
6,675
11,201| ||||31,220|67,283|59,062|7'i,353| |14.|CREDITORS:|||||| ||Falling Due Within One Year|||||| ||Trade creditors
Other creditors||60,778
10,327|4,934
4,106|60,538
10,327|4,934
4,106| ||Accruals and deferred
income
Taxation and social security||153,060
14,835|43,772
3,004|153,060
23,423|43,772
3,430| ||||239,000|55,816|247,348|56,242| ||Amounts
falling due after mora than one year|||||| ||Other creditors||20,718|22,978|20,718|22,978| ||Total liabilities||259,718|78,794|268,066|79,220| ||The amount,
due other than by instalments,
falling due after five years||11,677|13,937|11,677|13,937| ## ## ## ## ## ## ## |||||Net|~Lon
term|| |---|---|---|---|---|---|---| ||||Fixed Assets|Current Assets|Liabilities|Total| |||||||6| |Reshicted|Funds||172,171|79,827||251,998| |Unrestricted|Income|Fund|602,910|231,839|(20,718)|814,031| ||||775,081|311,686|(20,718)|1,066,029| ## ## |||Balance at|Balance at||||Balance at| |---|---|---|---|---|---|---|---| |||1|ril 2021|Income|~E*|cs|31 March 2022| |||||6|||| |Extracare Workshap|||4||||4| |Spon Spun Festival Fund|||214||||214| |Whisde|in the Dark Fund||465||||465| |Playing|with the Bard Fund||139||||139| |Ga and|see grant||100||||100| |Cadbury
Coventry|Fund —Outreach
City Council capital|grant||6,000
300,000|(4,075)
(50,849)||1,925
249,151| ||||922|306,000|(54,924)||251,998| ## ## ## ## ## ## ## ##