2022-07-31-accounts

Contents			Page
Reference and Administrative		Details
Trustees' Report
Independent Auditor's	Report		17
Statement ofFinancial	Activities - Group		21
Statement of Financial	Activities —Charity		22
Balance Sheet - Group			23
Balance Sheet —Charity			24
Statement ofCash Flows			25
Notes to the Financial	Statements		26

			Unrestricted	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				Funds	Funds	Funds	Funds	Funds	Funds
			Notes	2022 6	2022 6	2022 6	2021 f	2021 f	2021 6
income
Donations Charitable	and legacies activities		3	37,733 2,410,884	9,868 253,364	47,601 2,664,248	29,581 703,781	1,598 498,547	31,179 1,202,428
Commercial		trading operations		254,492	-	254,492	20,748	-	20,748
investment		income		325		.325	35		35
Total income				2,703,434	263,232	2,966,666	754,145	500,245	1,254,390
Expenditure
Commercial Charitable	trading operations activities 4			236,944 2,060,498	490,373	236,944 2,550,871	18,879 663,805	511,521	18,879 1,175,326
Total expenditure				2,297,442	490,373	2,787,815	682,684	511,521	1,194,205
Net income				405,992	(227,141)	178,851	71,461	(11,276)	60,185
Total funds		at 1 August	2021	583,792	328,541	912,333	512,331	339,817	852,148
Total funds		at 31July	2022	989,784	101,400	1,091,184	583,792	328,541	912,333

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		Funds	Funds	Funds	Funds	Funds	Funds
		2022	2022	2022	2021	2021	2021
	Notes	6	6	6		6	5
Income
Donations and legacies Charitable activities Investment income	3	39,601 2,410,884 325	34,868 253,364	74,469 2,664,248 325	38,951 703,781 35	1,598 498,647 -	40,549 1,202,428 35
Total Income		2,450,810	288,232	2,'739,042	742,767	500,245	1,243,012
Expenditure
Charitable activities	4	2,060,498	515,373	2,575,871	663,805	511,521	1,175,326
Total expenditure		2,060,498	515,373	2,575,871	663,805	511,521	1,175,326
Net Income		390,312	(227,141)	163,171	78,962	(11,276)	67,686
Total funds at 1 August	2021	581,922	328,541	910,463	502,960	339,817	842,777
Total funds at 31July	2022	972,234	101,400	1,073,634	581,922	328,541	910,463

31 July 2022
		Notes	20228	2021 8
Fixed assets
intangible fixed assets		7	6,062	10,913
Tangible fixed assets		8	104,509	83,560
			110,571	94,473
Current assets
Stock		9	11,030	3,063
Debtors		12	539,387	361,586
Cash at bank and in	hand	13	9$0,153	1,059,017
			1,540,570	1,423,666
Creditors - amounts	falling
due within one year		14	(55$,957)	(605,806)
Net current assets			980,613	817,860
Net assets			1,091,184	912,333
Funded by: Unrestricted funds			989,784	583,792
Restricted funds		16	101,400	326,541
Total groupfunds		17	1,091,184	912,333

31 July 2022
		Notes	2022 5	20215
Fixed assets
Intangible fixed assets Tangible fixed assets		7 8	6,062 90,769	10,913 83,560
Investment in subsidiary		10	1	1
			96,832	94,474
Current assets
Debtors Cash at bank and in	hand	12 13	676,581 806,764	369,391 1,045,558
			1,483,345	1,414,949
Creditors - Amounts	falling
due within one year		14	(506,543)	(598,960)
Net current assets			976,802	815,989
Net assets			1,073,634	910,463
Funded by:
Unrestricted funds			972,234	581,922
Restricted funds		16	101,400	328,541
Total charity funds		17	1,073,634	910,463

31 July 2022
				20228	20218
Reconcgiatlon ofnet movement	In funds	to
net cash flow from operating activities:
Net movement in funds				178,851	60,185
Depreciation and amortisation				36,672	36,294
Interest income				(325)	(35)
(Increase)/decrease in stocks				(7,987)	1,350
(Increase)/decrease in debtors				(177,801)	137,368
(Decrease)/increase in creditors				(45,849)	223,203
Net cash generated from operating	activities			(18,419)	458,365
Cash flows from Investing activities
Interest income				325	35
Acquisition ofintangible fixed assets					(4,470)
Acquisition oftangible fixed assets				(52,770)	(16,737)
Cash used in investing activities				(52,445)	(21,172)
(Decrease)/increase in cash snd	cash equivalents		In the year	(88,884)	437,193
Cash and cash equivalents at the	beginning	ofthe year		1,059,017	621,624
Cash and cash equivalents at the end of		the year		990,153	1,059,017

Grou
p			Venue Hire 8
		Production	Wardrobe	Total
		6	6	5
Production	costs	1,137,941	54,149	1,1$2,090
Wages		823,429	46,587	870,016
Consultancy		16,754	861	17,615
Property costs		212,656	10,924	223,580
Depreciation		30,267	1,555	31,822
Sank charges		12,733	854	13,387
Marketing		133,477	6,857	140,334
Travel		1,229	63	1,2$2
Office costs		25,814	1,318	28,930
Staff welfare		4,185	215	4,400
Governance		15,506	797	16,303
Audit fees		8,465	435	8,900
Conference	and training	3,997	205	4,202
Total		2,426,253	124,618	2,550,871

Charity
			Venue Hire 8
		Production	Wardrobe	Total
		6	6	5
Production	costs	1,137,941	54,149	1,192,080
Wages		823,429	46,587	870,016
Consultancy		16,754	861	17,815
Property costs		237,65$	10,824	?48,580
Depreciation Governance		30,287	1,555	31,822
Sank charges		12,733	654	13,387
Marketing		133,477	8,857	140,334
Travel		1,229	63	1,292
Office costs		25,$14	1,316	26,$30
Staff welfare		4,185	215	4,400
		15,506	797	18,303
Audit fees		8,465	435	8,800
Conference	and training	3,997	205	4,202
Total		2,451,253	124,618	2,575,871

Intangible fixed assets —group and charity
	Website	Webaits
	Costs	Costs
	2022	2021
	5	5
Cost
At 1 August 2021	14,550	10,080
Additions		4,470
At 31July 2022	14,550	14,550
Amortisation
At 1 August 2021	(3,637)
Charge forthe period	(4,851)	(3,637)
At 31July 2022	(8,488)	(3,637)
Net BookValue
At 31July 2022	6,062	10,013
At 31July 2021	10,913	10,080

Ye	ar Ended 31 July 2022
8	Tangible fixed assets
	Group
		IT, Fixtures	IT, Fixtures
		8 Fittings	&Fittings
		2022	2021
		6
	Cost
	At 1 August 2021	225,234	208,497
	Additions	52,770	16,737
	At 31July 2022	278,004	225,234
	Depreciation
	At 1 August 2021	(141,674)	(109,017)
	Charge for the period	(31,821)	(32,657)
	At 31July 2022	(173,495)	(141,674)
	Net BookValue
	At 31July 2022	104,509	83,560
	At 31 July 2021	83,560	99,480
	Charity
		IT, Fixtures	IT, Fixtures
		8 Fittings	&Fittings
		2022	2021
		8	E
	Cost
	At 1 August 2021	213,535	196,798
	Additions	39,030	16,737
	At 31July 2022	252,565	213,535
	Depreciation
	At 1 August 2021	(129,975)	(97,318)
	Charge for the period	(31,821)	(32,657)
	At 31July 2022	(161,788)	(129,975)
	Net BookValue
	At 31July 2022	90,769	83,560
	At 31 July 2021	83,560	99,480
9	Stock - group
		2022	2021
		6	8
	Goods for resale	11,030	3,063

Investments		—	charity
									2022		2021
									8		8
Shares in subsidiary
Subsidiary	undertakings
The charitable			company		has a wholly	owned	subsidiary,	ENT Trading Limited, company			number
08543930,a company				which attends to		the sale offood and beverages			in the theatre.	The registered
oNce ofthis	company			is Exeter Northcott		Theatre, Stocker		Road, Exeter, EX44QB.
The results of		ENT Trading			Limited were	as follows:
									Year ended	Yearended
									31Jul 2022	31	Jul 2021
									5		5
Turnover									254,492		20,748
Cost ofsales									(117,133)		(25,526)
Administrative		expenses							(119,448)		6,645
Operating Profit									17,911		1,867
Donations									(1,869)		(9,370)
Tax									(363)
Profit (Loss)	for		the year						16,679		(7,503)
									At		At
									31Jul 2022	31Jul 2021
									5		6
Assets									208,307		21,005
Liabilities									(190,758)		(19,137)
Shareholders'		funds							17,549		1,868
Debtors: due		within one year
						Group 2022		Charity 2022	Group 2021		Charity 2021
							6	8	5		6
Trade debtors						92,884		92,199	24,531		24,531
Amount due	from group undertaking							137,341			12,288
Prepayments						55,901		55,901	51,084		46,924
Other taxes and			social	security		39,362		39,362	6,493		6,493
VAT						30,387		30,357	4,876		4,553
Other debtors						320,853		321,421	274,602		274,602
						539,387		675,581	361,586		369,391

Ye	ar Ended	31 July 2022	31 July 2022
13	Cash at	bank and In hand
				Group	Charity	Group	Charity
				2022	2022	2021	2021
						6	6
	Cash at	bank and	in hand	990,153	806,764	1,059,017	1,045,558
14	Creditors: due within one year
				Group 2022	Charity 2022	Group 2021	Charity 2021
					5	8
	Trade creditors			239,950	186,779	88,025	83,056
	Deferred	income	(note 15)	3,365	3,385	2,425	2,425
	Accruals			28,512	28,512	21,087	21,087
	Other taxes and social security			20,820	20,820	12,530	12,530
	Other creditors			267,310	2$7,0$7	481,739	479,862
				559,957	506,543	605,806	598,980
15	Deferred	income
				Group	Charity	Group	Charity
				2022	2022 5	2021f	2021
	Balance	as at 1August 2021		2,425	2,425	3,836	3,836
	Amount	released	to income from
	charitable activities Amount deferred in year			(2,425) 3,365	(2,425) 3,365	(3,836) 2,425	(3,836) 2,425
	Balance	as at 31	July 2022	3,365	3,365	2,425	2,425

Year ended 31July 2	022
			Balance at			Balance at
			01/08/2021	Income Expenditure		31/07/2022
			6	8		6
Restricted Fund
Exeter City Council			43,333	65,000	65,000	43,333
Viscount Amory			8,667		5,000	1,667
Heritage Lottery Fund			96,928		74,060	24,862
John Nettles Donation			7,527		7,527
University ofExeter			67,214		56,213	11,001
Esmde Fairbaim Foundation			37,737		37,737
Patron Donation			3,824		2,892	932
Western Jerwood Bursary			6,190		0,1$0
Exeter Foundation			1,845		1,2$0
Idlewild Trust			3,050		3,050
The Mackintosh Foundation			3,000		3,000
National Lottery			2,210		2,210
Claire Milne			134			134
Bruce Wake Charitable	Trust		2,000			2,000
Northbrook Community	Trust		21,180		21,180
ESFTech Futures grant			12,002	(3,352)	8,650
Thrive with 5				4,865	4,065
Awards for all				9,505		0,505
Devon County Council				2,560	2,560
Arts Council —CRF3				122,722	122,722
Point ofsale restdcted	donations			9,868	7,99$	1,860
ECC Kickstart			9,700	43,014	52,714
Donation- Finding my	voice			3,000	3,000
Patron Donation				1,050	500	550
Veronica Awdry Charitable		Trust		5,000		5,000
Total restricted funds			325,541	263,232	400,373	101,400

Exeter City Council Core Grant	Exeter City Council Core Grant	Exeter City Council Core Grant	Towards	core costs
Exeter City Council			Towards	Kickstart placements
			Towards	outreach in low income	communities				and Young
Viscount Amory			Company
HLF			Towards	Hedtage Lottery Archive	project
John Nettles			Towards	Exeter Northcott Futures
John Nettles - Gift Aid			Towards	Exeter Northcott Futures
University ofExeter			Towards	flying equipment
University ofExeter			Towards Project	funding for interns for heritage			Lottery		Archive
Esmee Fairbairn Foundation			Towards	a Development &Enterprise		Manager
Esmee Fairbairn			Towards	Real Views Project
Patron Donation			Towards	a new hearing loop
Western Jerwood Bursary			Towards	Fellowship
Exeter Foundation			Towards	Digital Streaming equipment
Idlewild Trust			Towards	Exeter Northcott Futures
The Mackingtosh Foundation			Towards	Exeter Northcott Futures
National Lottery			Towards	BSLtraining and tickets
Patron Donations			Towards	NYC bursaries
The National Lottery			Towards	Creative Connections
Claire Milne			Towards	evacuation equipment
Architectural Heritage	Fund		Towards	Barnfietd viability study
Arts Council England			Cultural	Recovery Fund 1
Bruce Wake Charkable	Trust		Towards	stairlift
Esmee Fairbaim Funding		Plus	Towards	evaluation support
Patron Donation			Donation	for Antigone
Arts Council - CRF2			Cultural	Recovery Fund 2
Northbrook Community	Trust		Towards	Finding My Voice (Dept	535)
UoE			Towards	refurbishment ofauditorium		seating
Point ofsale restricted	donations		Towards	support for Artists and Young			people
Arts Council —CRF3			Cultural	Recovery Fund 3
Veronica Awdry Charitable		Trust	Towards	new signage at the Barnfield		Theatre
Patron Donation- Mrs	Lant		Towards	access measures
Awards for All			Towards	Creative Connections
			Towards	creative classes for parents		with		babies and
Thrive with 5			young children in Whipton and Beacon				Heath
			Towards	community engagement	and	Creative
Devon County Council			Connections
			Donation	from each ofthree participating				schools E2k St
Donation- Finding my Voice			Luke's,K1kWhipton Barton

Yearended 31July 20	21
		Balance at			Balance at
		01/08/2020	Income	Expenditure	31/07/2021
			8	6	8
Restricted Fund
Exeter City Council		43,333	65,000	65,000	43,333
Viscount Amory		11,667		5,000	6,667
Hedtage Lottery Fund		138,434		39,506	98,928
John Nettles Donation		12,943		5,416	7,527
University ofExeter		26,952	53,213	12,951	67,214
Esmee Fairbaim Foundation		75,379	6,250	43,892	37,737
Patron Donation		6,716		2,892	3,824
Western Jerwood Bursary		14,040		5,850	8,190
Exeter Foundation		3,143		1,298	1,845
Gibbons Family Trust		910		910
Idlewild Trust		3,050			3,050
The Mackintosh Foundation		3,000			3,000
National Lottery		250	6,750	4,790	2,210
Claire Milne			9,020	8,886	134
Bruce Wake Charitable	Trust		2,000		2,000
Northbrook Community	Trust		22,770	1,590	21,180
ESFTech Futures grant			13,468	1,466	12,002
Patron Donation for NYC bursaries			200	200
LiveWest			1,000	1,000
Architectural Heritage Fund			15,000	15,000
Arts Council —CRF2			91,681	91,681
Point ofsale restricted donations			598	598
ECC Kickstart			23,896	14,196	9,700
Arts council —CRF1			183,399	183,399
Exeter College			5,000	5,000
Patron Donation			1,000	1,000
Total restricted funds		339,817	500,245	511,521	328,541

Fund balances at 31 July 2022 are represented	by:
		Unrestricted	Restricted	Total
		Fundsf	Fundsf	Fundsf
Fixed assets		98,639	11,932	110,571
Current assets		1,451,102	89,468	1,540,570
Current liabilities		(559,957)		(559,957)
Net assets		989,784	101,400	1,091,184
Fund balances at 31 July 2021 are represented	by:
		Unrestricted	Restricted	Total
		Fundsf	Fundsf	Fundsf
Fixed assets		73,649	20,824	94,473
Current assets		1,115,949	307,717	1,423,666
Current liabilities		(605,806)		(605,806)
Net assets		583,792	328,541	912,333
Charity
Fund balances at 31 July 2022 are represented	by:
		Unrestricted	Restricted	Total
		Fundsf	Fundsf	Fundsf
Fixed assets		84,900	11,932	$6,832
Current assets		1,393,877	89,468	1,483,345
Current liabilities		(506,543)		(506,543)
Net assets		972,234	101,400	1,073,634
Fund balances at 31 July 2021 are represented	by:
		Unrestricted	Restricted	Total
		Fundsf	Fundsf	Fundsf
Fixed assets		73,650	20,824	94,474
Current assets		1,107,232	307,717	1,414,949
Current liabilities		(598,960)		(598,960)
Net assets		581,922	328,541	$10,463

At 31 July 2022, the Charity and Group had total f	uture minimum lease payments as fol	lows:
	2022 8	2021f
In less than one year	35,234	32,488
Within two to Rive years	104,486	114,552
After more than five years	241,253	305,484
	380,673	452,524