REGISTERED CHARITY NUMBER: 11 CHARITY COMMISSI REPORT OF T TRUSTE AIYD AUD LST MENTS FOR RIOD 6 RIL2 CE RIC NOP AIRT TRE FI CRT Limlted Flat 24 Wellin8tonia Court IAin¢ C105e Brighton Easl Sussox BNI 6TD
BRI TON N AIR THEATRE ao CONTENTS FOR THE NAN AL STATELKENTS 31 DECEMBER 2 Pa8¢ RèpDrt of the TrusÉe l to 5 IndependeDt Examlner's Report Stslejllent of Flllsrtclal Activltk Bgl&nt¢ Sheet Lyotss to the F¢11 Statements 9 10 16
OPEN AIR THEATRE cio REP TOF THE TRUSTEES RIOD APRIL 2023 TO 31 DECEMB 2023 Th¢ trustees their rep)rt with th¢ P1[ stat¢m¢nts of the cl)arity for the p]Qd 6 Apri] 2023 3 1 December 2023. The trUSt¢es have odopd the provisiolls of Accounting and Reporting by Charilies: Statement Rectsmm¢ttded PracÉi¢e applicable to charities preparing thetr a¢¢oullts in 4)ccordan¢e with the Financial Repo StandaTd applicable in the UK and Ropublic of treta]d Rs 102) (effective l January 2019). 0CTIVs AM) AcfiviTIES Objectlve5 And Brighton Ot£n Air Tratr¢ has been establisbed kn order to Bri8blon and Hove's fir8t dediLt¢d open air theatre venue. to (kn charitable airn is 'Tho advancement of Arts and CltUre tlJrou8b th# cstablisluuent and man)ten&nce of an open theatre In Bri8hton and Hov¢ forth¢ uge of r¢sidents aNI vi51tOTS." ar Our objective5 pre: l. To cr¢Mtc a unique Th¢w culttjrdl venue for the ciry that ensures the highest possible ptvdu¢tion perfonllaDce and ¢xhibktion and which diversifies the type of work that bc enjoyed in the ope4L alr. 2. To work with the city5 festivals. ptY>gratmmers and ¢urntors to attract high qtsalitytouringproduction8 and trV¢Dts. 3, To create a COInunity of lo1 and pra¢titiorLers thot make TLew WOTkfor the opon &ir. 4. To £ne with the local community to provide 8 plf0M for cu]tural activity alld for ¢atIve I¢ArniDg. 5. To bring uder used open 5pft¢¢ back to life as a vibrant green facility. valu¢& for ou Publle beneflt The Irustees confirm that tbey h8Ye ref¢nrd to the guidance cothtsitd in th¢ Charity Commission's general gui lic bonefft when revlowing th¢ Charity's aims artd objectives and inthe plaDDlog of future activities. The tsustees b¢lieve that the pgr4pb$, $pecifi¢ally ott the 'Objectives aud A¢tivit&¢$' ottd 'Achieven*nts P¢rfotThae' for the year relate in dgtau the bcfittbBt the Chariry provides to the public. Page I
RIGrON OPEN AtR TIIEATRE cio EPORT FO THE TRUSTEES PERI APRIL 2023 TO 31 DECEMBER 2 ACHtKVElET AND PERFORMANCE Charilxble ActiviÉkJ The 223 season b¢gatt in lat¢ ApriL though with show5 only on ekendS for the first couple of weeks, Throu May. Fe had our usual slew of Brigknioll Frin8e productions, which allow us to pttJgrwJ]ne more awanl-B productions, buoyed by the additional promotionthe Fring¢ offtrs. SuccessfiTI kni118 in¢luded Old Time SailoT% +he Princess andthe Frog from Let'& All Dallce, and Oh What A Night froro HandsJ)ake Produ¢tioJ]s. Throug]M)Ut late May and Jun¢ we b8d long Tulls lo success, in part due to the fantagtic weather, including LadykillerJ from Cue Fanfare, Bad Dad from Heartbreak ProdCtions, Twelffl] Nbt fro]nDuk¥'s Theatre Co, SUtr Comedy Festival from Funny That AJMI Ullil¢rMillr Wcrfjd frorn Idetttity Thew¢. Ill JULY, th¢ weather took ttlrn for the wors4 and sales were inevitably affcct¢d. D¢spite this, we had strong show from Horrible HistoTi¢s from Birminghatn Stage Co, Th(acbeth froln Nalional PTodu¢tion Collu)any and The Madnes GeoFge Ill from Sayah MaDn Co. Ill Ausus( w¢ had & variety of pthrmance& to Jnixed Success. Th¢ afterthcts of Covid w¢re still b¢ing felt I ¢crtain degTe¢, in that a lot of familie5 weiit on ttLeir first holidays for y¢ars and w we saw a dowjtwn in attefftlallco family SILOWS such u H¢r¢ule$ frorn IKP and Robill Hood from Jllyri4 though b¢tt¢r turnouts for tnotE adu]t-$ke titles Shakespeare in Lovo from Brigknton Little Theatre attd Love Labours Lost frojn Changeling Theatte. for MoviTJg into Sept¢mb¢T. w¢ hed 8uc¢ess with one-off gigs, including Th¢ Vox Beall¢s. Crazy Diamond and Bri Beach Boy4 and closed th¢ sumtn¢r out style with a week of ¢om¢dy with SkL(>w and Tell's Sta])d-Up Under StaTS. T&¢ seasoD r]nisl)¢d & we¢k ¢8rlier than usual, due to 8tsrtiDg a w¢¢k ¢aYli¢r in April. on h* In totBI. foT thE 2023 Sutmw seaso attendance wa8 23,492 (up 60/t)), OCTOSS 70 produ¢tiotts. ]n the Off-seaso we eduled extellsive renovation work to take pla¢¢ on site. AU of the woodeTL sleepers cotnpris¥ the auditoriutll $eatinE to be repla¢ed with 9Ugtainably-sourced, treat¢d oak sleepers, 7th work und¥rtsk our Yegu]ar gaTdvtLer. Ben Gaiider. W¢ 8lso ¢omtnissiorted Olt¢o Ltd to reyW[a the m8jority of our pathways WS recycled p]aatic resi and to rwJu¢¢ certain gradient4 to the V¢DU¢ more a¢s31b1< and to prevent debris wa onfo the st&8e. In additLon, w¢ have ¢r¢ated 4 new wh¢ekbair spac¢3 ID tht 8uditoriuEn, In¢reosin8 our o wheelchair ¢apaeity to 8. by FINANCIAL REVIEW FIDaneiAI poyitlon The results fov the y¢ar are out in the Statement of Fina181 Activities and Ihe finaJaI positi.on of the charity year end is shown in the BaiaTKe Sb¢ol. The a¢coullts ¢over the period from 6th April 2023 to 3 1st December 2023 - Ihe WllLpurntive amounts are for the. ended 5th April 2023. Th¢ ¢harlty incom¢ tllcreased from £387,477 to £4(H),465 whilst expendinw¢ de¢r¢asEd from £370,937 to £360 The cliuity me a surplus OD uthr¢strithd activities of £47,138 attd this h8s b¢m adtsl to th¢ restryes brought fo of £293.98S to leave £336,136 to be ¢arri¢d fonvar the 733, Re&erYeg poII¢y The Trustee8 have s¢t up a d¢yi8Dated reserve of £93,000 to cover the ¢ost of tart ¢&sential repatY8, llamety s r¢plac¢ment and resiti paving. Thi5 is equivoleni to almost all of the tntsttvy held at the bank attbe y¢ar end. Th¢ Trnste¢$ will endeayour to mthin resèrves of IOfjA of fjrnover in order to prolect ?in$t unexpected 108 a$hflow issues. The Trusie¢s will ¢(yrJtinue to invest the Tllajority of 3ULpluses 8ertered into improvemeni of the BOAT Si F&Gi]ies. We plan to consolidafr our prOarnlng with a Tange of Bhows to #ppeal to as wido m fjudienc¢ gs pogsible. W bEginllin8 to succeed in Mttracting a thor¢ diverse 4udiellce and aim tn extend our reach througb outreach pr phs diversity of the typ¢s of shows we host, are Poge 2
PEN tIEAT REPORT OF TFtW TRUSTEES FOR THE PLRtOD 6 APRTL 20 31 DECIMBER 2 STRUCTURE, COVERNANCE AND MANAGELIIENr Governkng document Brighton Open Air Theatr¢ is a CIO (in¢oTrM)rnl¢d Oll 6 MaTGh 2014 by 1h¢ Charity conim170ll) regist¢r¢d tmllnber 1156051. Its governittg docwnent is its Trust D¢ed dated 6 MardL 2014. Recruitment and appolntmellt of new tru*t¢es The nThllber of trnstees sh8AI l)e at l¢ast 3 the maxinwm numter is 12. The fftst tnts¢es are appointed for a paiod of 415 years Subsequent trustees 8Ye appointed for a lern of 3 yt&ts b rosolutiollpas8ed at a pperlY convenedm¢etin8 of the charity tsUSt¢es. Rk manfigemellt Thc Tru9t¢es take seriou8ty their duty to id¢ntify alld r¢vi¢w the risks io wh5¢h tbt ¢h&rity is poteJ)tially exposed aD enswe appr(Jpriate contro19 ore iti place to provide reasonable 88511f8JJcB &tSt pot¢ntial r]sks it)cludin8 injury OT harm to peThons' financial frdud findlor error; reputational damage. Tlwe is a Finat)¢¢s Procedures Policy itt place t11 is Te8ularly rovi¢wed by & Fitwce sub-committee con5istin8 9 less thatt thre¢ TnLSt8. Reviews include SI oEFlapproval 5eve15 for ¢xpcnditures, adequacy of Reserves ODd pl annual expenditure. The BOATS A¢¢ounts rewiewod amiually by an Indepand¥nl Examitter. A Prernise$ Sub-committee reglllarty gurveys the whole site aud wnsiders inforniaiion from the Opuralii)ns aud Q Managery ou haz8nls, tnaintenaJ)¢e alld rthntiaL health and Safety issues and orgaDises any necessary remedial Thc OExration$ and Gen¢rnl Man8g¢rs pr¢pAre pre-SE&8On Risk AssessmeM8 for th¢ venue with full c1$1derlltio or wide-spcctrum of audi¢nce needs with partlcular referenc¢ to awels. Risk A8s¢ssments are produced by th¢ FKrEo, for TLew perf0MCe tben reviewed by thè BOAT Maudgw& Ai least one qualified First A?der is ptf s¢nt at ¢ perfoman¢e. We have implemen¢¢d a DEW policy of asse99illE eAch show for the risk of disruption from audien¢¢ members. there is deemed to be a risk. professiona] Security personnel are ¢ngaked for th¢ event. Secwity 18 also in Pla wh show requireg the SEt equipment to be left th situ overnigh The BOAT'S Insursnce is review¢d and renewed 8nnuo1ty. REFERENCÈ ND ADMINISTRATIVE DkTAILS Regblered Ch•rlty number I156051 er no rol ere i) a Prltt¢lpal #ddre 42 Hoye Pork Road Hove East Swsex BN3 6LJ Trugte45 S Tumer Cb&irnJan L Wolfe S Bradley (resigned 22.2.24) J Waller Chlef Executive G Hawkins D Boon Page 3
BRIG EN AIR Io RF.PORT OF THE TRUSTEES R TIIE PV,RIQD 6 AP tL 20Z3 TO 3 MBER REFERRNCE AND ADMTNISTRATtVE DETAILS lTrdepelldellÉ Erdminer Christopher Robert Tyler FCA DCbA FCIE FI CRT LitniÉed Flat 24 Well]nlIa Court Lain¥ Close Brighton East sX BNI 6fD WorklD2 nAme BOAT Operotlon &ddregS Dyke Road Hove BN3 6EH BDNkcrs 'lJ)¢ Co-Op¢Tative BaDk POBOX 101 l Ballo(m Street Ma¢51¢r M60 4EP SantHnder UK PLC 2 Triion Squ裢 Re8ent'3 Pla¢¢ Lolldon NWI 3AN STATEMENT OF TRUSTELS, RF.SPONSIBILITTES The trSte¢s respLmsibl¢ for prewn8 th¢ Report of the Trvslees pnd the fanCIal statements in accordance appli¢8ble ]aw and UDit¢d KiDgdoin Accounting Stsndards (UnhedKingdotll G¢nera]ty Accept¢d AccouThting Pra¢tl The law Appll¢able to clLariti¢s ill En8land and Wales, the ChorlileB A# 2011, Charity (A¢¢ounts and Kegulations 2008 alld the provision5 of the trust deed requires the Iru51ees to prepare financial stotemenT$ for rinattcial year which give a true alld fair view of the 8t&te of affairs of the charity and of the iiicomin8 resouicei application of resources, including the illcome and ¢xpendituro, of the charity for th8t period. Jn prepari08 fman¢ial stst¢menl$. the tru51e45 ar¢ required to ach and ose 8eJect 8Uitablt dc¢ounlingpoli¢i¢s aud then apply them ¢ongigtently' ob5erYe the m¢thnd8 and prillciples iti the C1]ty SORP. m#ke jud8¢mentY BDd ¢stirn8tes that Msonable and ptuthnt. prepare the finxncial statements on the going conc¢m $ts uftless it is Inuppropriate to Presume thit the ehartiy contsoue iti bu8inw, wlll The ts11stsey are reypimsible foT koeping proper a¢¢ountth8 recor(Ls which diKlose with r¢a8onabl¥ ac¢ury at any th¢ flltho¢iJE posltion of the charity and to ¢nable them to ensure that the fjnallclal $lateni¢n15 comply with the Cb A¢t 2011, the Chority (Accounts and Repons) Regulations 2008 and the provisions of the ttu8t deed. They respon6ible for safeguarding thB assets of th¢ cb8rity and hence for takll Ye&nabLe 8¢ep5 for the preventiom det¢LLioll of frdud and othw iTi¢guloritie& time Page 4
BRIG AIR REPORT OF TIIF, TRUSTEE 'VR'A'llL PEI RIOD fi APRIL TO 31 DECEMBER 2023 AppToved by Drder of Éhe board of trustees OD.. .. ...... J Waller- Trustee
INDEpEf4DEN BRIGHTON O Mif4ER'S REPO ATRE cio THE TRUSTEES OF Independent txarniller's rert to Ih¢ trll5te ofBrighton Open Alr The8tre (CIO) I repDrt to the charity trustees on ]lly examination of the accounts of Brlg]non,Open AiT Theatre (CIO) (the TDJst) for p¢riod 6 April 2023 to 31 Dec¢rnber 2023. the Responsibilitie5 and basis of report As thc charity tru5t¢¢s of the Trust you are sponSIble for the proparnliim of the ao¢ourt8 accordance with: req]leMentS of the Charities Act 2011 Olle A¢t'). I report in r¢$pect of jny examination of the TTUSt'5 accounts carFied ijut UDder Section 145 of the A¢t and in exatnlnation I b&ve followed all applicable Directions 8iv¢n by the Clthrity Commissioll wd¢r Section 145(5)(b, Ébe A¢L Jndependent ex#mlher's stateD)ent Sill¢e your chariws gt08S illCOllLe exceeded £250,000 your examiner must b¢ a m¢tnb¢r of a li8ted b(xly. I can coty tbaÉ I qualified to undertake the cxa[DitiOn b¢cause l a uber of th¢ knstitut¢ of Cbartered Ac¢ountan Englamd aud wal which 1$ on¢ of the listed bodics. l Mve completed n)y examinatio I confirm that tLO maleTi&I mattus havc ¢om¢ ¢0 my attèlltion in coDn¢¢lion witb examination giving me cau8¢10 believe that in any matcria] rcspect.. outtting records were not kept i# respect of the Thist as T¢qUiTvd by Seclioll I30 of ihe Acl: or th¢ account8 do not accord with iho$e records; OT the aOunt$ do not comply withthe opplicable requiremcnts conccrning thc fonn and ¢ontellt of &c¢oubts set ill the Charities (AccoLts Rnd Reports) R¢gulation5 2008 olher thatt any requirement that the a¢count8 gi. tNe alld fatr view which is not a matter consÈdered as part of an imd¢pBndeni #x4mination. i)ul I Ive no cijncerns and have come wrovj no other n)£ttters in conn¢ction with tha exaTninatioll to whicb attention 51 be drawn in this reptsrt in orderto enable &proper undersrAnding of the ¢015 to be reackned. uld CbtisloplLer Rob¢rt Tyler FCA LhA FCJE FI CRT Limited Flat 24 Wellin8tonla Court Laine Cluse Brigbton Efist Sussex BNL6TD Page 6
BRIGHTON YATEMENf OF FQR THE P RT D6AP AL ACTI T031D R 2023 Period 6.423 Y¢&r Ell J.4.23 Total fillJd$ 31.1223 Total Unrestri¢ted Restrictsd fjJnd8 fi]nds Notss INCOME AND ENDOWMENTS FROM DoDatii)ll5 alld legaci¢s 22,881 22,881 19,9 ChAritable athltks Theatre Tev£Jwe3 376.948 376,948 367,S Inveslment in¢ome 636 636 Total 4),465 400.405 EXPEM)ITURE ON Raisthg tlll 5.753 5,753 10.8 Charlt•ble &ctivitle4 Theatre eosts Support ¢ost8 351.854 720 2.408 354.262 720 359,4 Total 358.327 1408 360,735 370.9 NET INcOMEI(EXPEI1TuRE) 42.L38 (2.408) 39,730 16,J RECOLYCILIATION OF FUNDS Total funils biought foThvard 293,998 54,558 348,556 332,0 TOTAL FUNDS CARRIED FORWARD 336,136 52.150 388286 348.5 The notes form part of th¢s¢ finan¢1 Statenllts Page 7
RIGHTON OPEN AIR THEATRE cio BALANC HEET 31 MBER 2023 Total fi5 2023 Totsl funds UDre5trictcd funds RestridEd funds FIXED ASSETS Tan8ible ossets 12 260,728 S2,150 312.878 255J8 CURRELYT A&SETS DeOr9 Cash at bank 13 60 76.023 60 76.023 93.8 76,083 76.083 93. CREDITORS Arnoullts faLiing duc within one year 14 167• (675) {9 NET CURRENT ASSETS 75,408 75,408 TOTAL ASSETS LESS CURRENT LIABILITIES 336,136 52,150 388,286 348,5 NET ASSETS 336,136 51150 388,286 348,5 FUNDS Uwestri¢t¢d fiIDds R¢stricled funds ij 336.136 52,150 293,9 34.5 TOTAL FUNDS 388,286 348, The f8n¢la1 statements were approved by the Board of TNslees dnd auihorlsed for issue .l.P...aGL,pIA.....*.. and W41re slgned on ily bEh&lf by: J Wailer- Trustee r- TnL8te• The notes foruLP8rt of th¢ fiDancial slatemetlts Pag¢ 8
BIUGHT N AIR THE NOTES TO THF. FtNAr4 IAL STATEME FOR THE PERIOD 6 APlItL 2023 To 31 DIC BER 2023 AccouNfiNG POLICIES Ba&5s of preparing the fwancial ststements The finallciai stat¢entS of tbe charitable ¢ompony, which is a public benefit ¢Ddty un¢]er FRS102. have pr¢p8red i]L accoTdanc¢ with th< CharitiEs SORP (FRS102)'Arcountiti8 and Repi)rting by Ch8rities'. Si4tetne Recon)mended Practice applicable to charities preparing their accounts wÈth th¢ Financial Reporting Sta applicable in the UK and Republic of Ireland (FRS102) {effecti¥e l Janvary 2019),. Finan¢i81 Rep Standard FRS102 lThe Financial Reporting Stattdsrd applicable in the iJK and Republic of Jr?land' and Charities A¢r. The fitWLcial statWlleS have been prepar¢d uud¢F th¢ historic41 cost conv¢ntioD. th¢ The a¢counts are prepar¢d in sterlin& which i5 tILC fk]llction&l curT¢n¢y of th¢ ¢harity. Moneiary ar(Unts in fujallclal statsments are rouDd¢d to the nearest £. ese The iSteeIdIrectOrn ¢Oll5ider that th¢re are JLO matori81 unccrtainties aboth th¢ Companys ablllty to c4)ntin going concern. lucome All income 18 recO9¢d in the Statement of Financia] A¢tivities onco th¢ charity hay entitlement to the fu Is probable that th¢ illcoll will be recèived andthe amount canbc mwuved rcllably. IrLfOtning r¢sowcè$ from genered fimds Grantsponsor1pld0Jtioll9 are recognisad in incomin8 r¢sOur$ in Ébe year in wbi¢h they are recei except as follows: - when donors specify gran191doDation8 8iven to the charlty tnust be used in tUre a¢¢ounting perio&8, locom¢ is d¢frtYed until those period& - wben donor$ impos¢ ¢ondition8 which have to be fiJ]filled b¢fore th¢ charity b¢comes entitled io use illme, the in¢ome is deferred and ttot included in ittcoming resource3 til the pr¢¢OndionS for use ore mel bl¢, InY¢$th]ellt incotne is Tecogmised on a re1vable ba818. Lttcorning resuur¢e$ from ch8ritable activities Theatr¢ income - 1Thme from box offi¢¢, perforniBnce fee8 8Dd sundry thher theatric income Is Includ incomius t¢SQUTces In the period in whi¢h the relevart show tak¢s plac¢. Project specifi¢ fiwding- when donors Specify that donations and gr8nts ar¢ for panicular restiicted bicb do Dot amount its pre-conditions regarding entitlenKnt, this in¢om¢ is included in incotning resourc r¢stricted funds wh¢n Teceivable. of VoluntAry in¢¢)me Voluniary income r¢¢eived by way of donatio and 8ifis is included itL in¢oming resource8 recel The value of services pVided by volunteer8 has not been Ittclud¢(t ble. Expendlture Liabiliti¢S are reco8nl8¢d expenditure as sopn as there is B legal or ltrUctIVe ob]ig&tlOD conlttin hurity to th&t expenditu It is probable that a transfer of economic bencfits will be r¢quired in settlemen the allllnt of the obligation ¢an b¢ measured reliably. Expenditure is acoount¢d for on aj) 8c¢nwl8 including ittcov¢rnble VAT and had been classified ui)d¢r headin8s that aggregate all costs r¢lxted category. WheT¢ costs cBnnth b¢ diTtlY attribui¢d lo particular headin8s they hav¢ been allald to acil otL a basis consistent with th¢ us¢ of resoue$. asis the ues Costs of gen¢rdting fullds Costs iThcurr¢d in attra¢tm8 voILWtHry income, and th050 in¢urtrd in tradittg Acilviues thatTaise fimd5. Productiott costs Arllounts paid to ptoducers of eventslprothwtion5. Coyts incurred ftst inknlM)use pro¢Juction and productions. Pa8e 9
BIUGHTON AIR T 10 NOTFS TO TIJF. PINANCIAL sTATELE[S- VOR'fHL PEIUOD 6 APRII, IDEC ACCOUNTING POLICIES- ¢ontlDued Ewndlture Support costs Th¢ administrative and o¥head tosts associated with running the Offi from whicb the ¢ornpally op The8e bav¢ all been lot¢d to the Giwitable activilies cost heading as th¢ proportion Sptht on costs genernting fvnds 4nd govemance costs are considered iDllllktterial. of Governa¢ cosls Costs HS8ociated with constitittional and statutory rEqUirllents of the thariry. Tanglble flied a55¢t$ Jndividuai fix¢d ets coytill8 £1(M) or more are capitalised at cost. Depreciation is provideil li anllll rates cal¢ated to write off thv cost l¢sy sidual v8Jlle of each asset ov expLXted ugethl life, as follovs: Short iKAsehold InwrovemeLII straight lit o¥¢r the lift of tho lease. Taxotlon The ¢barlty is exempt ftom tax on its charitable A1VIties, Fund e¢ountlug UJwestric¢¢d can be used in artordonce wlth the charltsble obJectlv¢s 8t th¢ dIs¢r10 Df the blte¢s. Re5tri¢d fiwds. ¢on only be u8¢d for rtIcUlar Te3tri¢ted purposes wÉ¢hln th¢ objccts of the tharity. R¢stri ar1 wheu Spifted by th¢ dollor or when fithdg Are raised for portlvJlpr rg5trict¢d purpo$. ns Further explanaiion of th¢ nature and purpose of each fimd is itieluded inth¢ notes to the fjnancial stalement8 DONATIONS AND LEGACIES Pviod 6.4.23 to 31.12.23 Year End 5.4.23 Donatiott& find sponsorship Granis 17,881 5.000 19.95 22.881 19.95 Orants reived, included in the are as follows.. Perlod 6,4.23 YWE 5.4.25 31,12.23 Chalk Cliff Trust 3,0 Page 10 contin
BRtGHTON OPEN AIR THEATRE cio TO THE FLYANCIAL STATEMEPUS- continued RTHEPE APRIL 2023 TO 31 DECEMBER 2023 INVESTMEfqT JNCOME P¢Ti(xI 6.423 Yrar End 5.4.23 31.1223 Dqx)sit actowit interest 636 INCOME FROM CklARrrABLE ACTIVMES Period 6.4.23 to 31.1223 Year EndE 5,4.23 A¢tiwty TICk sales and bar takings Th¢atr¢ revettues 376,948 367,50 RAtSINC FUNt)s Raising donations 8nd le¥a¢ie& Perlod 6.4.23 YeAr End# 5.4.23 31.12.23 MAkning 3,753 10,88 CHARITABLE ACTIVTfiES COSTS Direct Costs ($¢e note 7) Support ¢ost8 {5eo note 8) TotaIs Th¢8tre cosis Support Costs 354,262 354,2 72 720 354,262 720 354.9 Pagell cojrtfflu
BRI HTON OPE THEA NOTF.S ThF FIP4ANCtAL ST roR THW, PV,RIIP 2023 rs- eontl EMBER 202 DIRECT COSTS OF CUARITABLE AcfiviTIES Period 6.423 Year End 31.12.23 5.423 Cost of productio$ 249,714 75 7.784 54.393 24.837 3,019 14,440 235,53 io ]nsur4n¢e5 &lld licellces Staff costs Premig¢s costs iidn)ini$trntion Ikpreciation 71,0 30,91 4,86 15,03 354.262 359.41 SUPPORT COSTS Governa Support co8 Support costs, included in the are as follow5.. Perirrtl 6.4.23 Yeat En 5.4.23 Total 4clivitl 31.12.23 Supptsrt cost ]nd¢peudenl ¢xHmttiation 720 63 TRUSTEESI REMufqERITION AND BENEFif6 There were no tswstees, retnuneTation or other benefits for the p¢riod ended 31 D¢cemb¢r 2023 nor for the pnded S April 2023. ear Tru&te¢s' exponsei The were no trusiees, exw)$es paid for the period ended 31 Denber 2023 nor for the year 5 Aprll202). Pa8e 12 collth)
.BRIGHfoN R THEA NOTES TO I'IJV. FINANCIA TATEMEiYrs- inued FUR 3'HL trLwoD 6 APRIL 2023 EIVABER 20 IIL STAFF COSYS Staff costs a]ngthe period amr>uut¢d to £54J93 lyear ended 5 ApTx12023 . £71.092). The clwity eniploys two people on a tirnt basis ph]s wl)o are employed on ad hoc basi8 there are show5. The cl]arity ¢onsiders tis key manaBcmcth prtBonrt¢l to b¢ th¢ Trustees. As dis¢losed ill the a¢counts T¢ceived no Temun¢ratton. ii. CoMPARATEs FOR THE sfATEMENT OF FTNANCIAL ACTIVITIES (YIE 5 APRIL 20LI) Unr¢$tticted R¢$rricted fiwds fullds INCOME AND EI¥DOWMEF4TS FROM Donations and legaci 19.958 19.9, Charhable 4ctlvities Th¢atre r¢v¢nues 367.509 367.$ InVent illcome 10 Tot•1 387,477 387.4 EXPENDITURE ON Raising fvnd5 10.886 10,8 Ch&rllabl• ar¢lYitl¢s The&tre costs Support Costs 356,20J 636 3210 359.4 Total 367,727 3.210 370,9 NET INCOMEI(TXPENDITiIRE) l>,750 (3,210) 16,5 RECONCTLIATION OF FUNDS Total funds brougbi forward 274231 37,768 332.0 TOTAL VUNDS CARRIED FORWARD 293,988 54,558 348. PaB¢ 13 ¢ontinu
BRI PEN AIR THKATRE cio ESTOTH RTHEPE ANCIAL STATEMENT3- co*tinued D6AP 23 TO 31 DLCEMBER 2023 12. TANGIBLE FIXED A&g£TS Short lea8ehol COST At 6 April 2023 AdditLons 310.086 71.?36 At 31 DeMber 2023 381.822 DEPBECIATIOI¥ At 6 April 2Q23 Char8e for year 54,5 14.4 At 31 Decernbet 2023 68,9 F4ET BOOK VALUE 31 DeLember 2023 31187 At 5 April 2023 255,58 JJ. DEBTORS: AMOUNTS FALLING DUB WITHll¥ ONE YEAR 2023 2023 l¥epaym¢nts 60 14 CREDITORS.. AMOitNTS FALLINC DUE WITHIN ONE VEAk 2023 2023 Trade ¢reditoi3 Otber creditors 30 67 675 675 97 13, MOVEIWIENT IIY FUNDS Nèt movement In fi]nd$ At 31.12.2 At 6.4.23 Ullr¢&trl¢ted General fund Dp5ignated fund for futuKrnainteaDCe. 200,998 93.000 42,138 243.13 93.00 293.998 42,138 336,l3 Restrlet¢d Fixed a55etS and amphitheatr¢ 54,558 (2,408) 32,1 TOTAL FUNDS 348,556 39,730 388.2 Page 14 conlill
cio TES TO FOR T FINANCIAL sfATEMENTS- EIUOD 6 tL 2023 TO 31 DEcEIlBER 2023 I& MOVEMENT IN FUNDS * eottllnued N¢t movement in fi]nd8. inc]uded in Ihe 8bove ar¢ &s follows.. Intolg R&%owees Mov¢m expetsd in fw(L8 UreStriCted fllnds General fund 400,465 (358J27) 42,138 Rejtrlcted funds Fixed asscts aDd amphitheatr¢ (2,408) (2.40 TOTAL FUI4DS 400,465 (360,735) 39.73 Compor&tlves for movement lu fundi Net mDYement in fimd5 At 5.4.23 At 6.4.22 fid$ UDft#trlrt¢d funds General fund D¢signAled fi)nd for fiJtutE n)atnt08nce. 274238 19,750 {93,000) 93.000 200.98 93.oa 274,238 19.750 293,98 Restrltted funds PLd ass¢t5 and amphithedtr¢ 57,768 , (3,210) 34,53 TOTAL FUNDS 332,L)06 16,540 348,54 Comparnlive nel MOV¢nt tn fund4 included in the al¢ are as follows: Jncoming resour¢¢s Resources expended MoveDI in fun(1 Unrestricted fund$ Cicnerlll fid 387,477 (367,727) 19.75 Rtjtrkted fiJnd6 Fixcd assety aDd pmpbilheatre (3210) (3,2 TOTAL FUNDS 387,477 (370,937) 16,5 Fixed ASS An)phitbeatre This fi3Dd CODSi3ts of don*ioll8 received ¥lld iti¢ome from fundraisig events specifically for the COD$trudl the wnphitheBtr¢. The cost of the 8mpbith¢atre Is Moittell off over the leD8th of the leesty 25 years D¢5igttaled Fund. A d¢signated fijnd has been set up for future costs of seatillg rcplacewt andresill pving. Pog¢ 15 contiti
BRIG]TmN OPEN A NOTES TO Tiif. FtNATr4CIAL STATE FUR I'HL VLRIOD 6 APRII, 21123 - contlnu4 I DECE 16. OTHER FINANCIAL COMMrrMEf4TS AI 5 ANil 2024 the chaTityhad aunual eommitrneuts undeTnott-C4ULzllable operatiThg leases &s follows: 2024 Expiry date 2023 In over 5 yeA loo 17. RELATED PARTY DISCLOStJRKS There were no reL*ed party transactions for the period cnded 31 December 2023. 18. ULTIMATE CONTROLLINC PARTY UlÉimat¢ ¢ontrol li¢y with the trustees. Page 16