|CONTENTS||||| |---|---|---|---|---| |||||Page| |Company
and|Charity Information|||| |Report ofthe|Trustees|||3-13| |Trustees'
Responsibility
Statement||||13| |Report ofthe|Independent
Auditors|||14-16| |Consolidated|Statement of Financial|Activities||17| |Consolidated|Balance Sheet and Company||Balance Sheet|18-19| |Consolidated|Statement
ofCashflows|||20| |Notes to the|Financial Statements|||21-33| ## |COMPANY
AND CHARITY|COMPANY
AND CHARITY|COMPANY
AND CHARITY|INFORMATION||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Directors and Trustees|||Mr. S Berg
Mrs V J Berry "'||(Chair, known||||as Val Hammond)||| ||||Mr C Cook||||||||| ||||Mrs V Dawson'|||(Appointed||26 April 2021)|||| ||||Mr E F Gaines||||||||| ||||Ms G H Lawrence|||(Resigned 26 April||||2021)|| ||||Mr 8 Lee'||||||||| ||||Mr P B Phillips|||(Appointed||26 April 2021)|||| |||||||(Resigned 21November|||||2022)| ||||Mrs E Milton (Shirley-Smith)|||(Resigned||1 July 2022)|||| ||||Mr M R Watts||||||||| ||||Mr N G White|||(Resigned||26 April||2021)|| ||||1
Member of Finance Committee||||||||| ||||2
Member of Development|||and Fundraising||||Committee|| ||||3
Director of TTA|Trading||Ltd|||||| |Company|number||08658085||||||||| |Charity number|||1156472||||||||| |Key Management
Chief Executive
Executive Director||Personnel|Mrs A Bere
Mrs V S Hobbs|||(Resigned
(Appointed||22 July 2022)
1October 2022)|||| |Registered|office||The Brewhouse Theatre|and Arts Centre|||||||| ||||Coal Orchard||||||||| ||||Taunton||||||||| ||||TA1 1JL||||||||| |Website|||www. tauntonbrewhouse,||co.uk||||||| |Auditors|||A C Mole
Chartered
Accountants|5|Statutory||Auditors||||| ||||Stafford House||||||||| ||||Blackbrook Park Avenue||||||||| ||||Taunton,
Somerset||||||||| ||||TA1 2PX||||||||| |Bankers|||National
Westminster|Bank Pic|||||||| ||||26-35 Fore Street||||||||| ||||Taunton||||||||| ||||Somerset||||||||| ||||TA1 1JQ||||||||| |Legal Advisors|||Foot Anstey
LLP||||||||| ||||Senate Court||||||||| ||||Southernhay
Gardens||||||||| ||||Exeter||||||||| ||||EX11NT||||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |FOR THE YEAR ENDED 31|MARC|H 2022|||||| |---|---|---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| ||Notes|Funds|Funds|Funds
2022|Funds|Funds|Funds
2021| |||||E|f|f|E| |Income
Donations||13,262||13,262|11,669||11,669| |Charitable
Activities
Grants|2|159,500|119,398|278,898|146,500|354,943|501,443| |Ticket Sales
Performance
Revenue
Cinema
Revenue
Learning
and Participation||483,393
25,141
26,037||483,393
25,141
26,037|10,699
3,742
25,661||10,699
3,742
25,661| |Other Trading Activities|3|74,742||74,742|9,387||9,387| |Investment
Income||127||127|||| |Other income|4|51,282||51,282|61,806||61,806| |Total Income||833,484|119,398|952,882|269,575|354,943|624,518| |Expenditure
Charitable
Activities|5|858,051|276,899|1,134,950|241,524|247,030|488,554| |Cost of Other Trading
Activities||58,277||58,277|9,474||9,474| |Total Expenditure||916,328|276,899|1,193,227|250,998|247,030|498,028| |Net (Expenditure)/Income||(82,844)|(157,501)|(240,345)|18,577|107,913|126,490| |Tax|||||(1,801)||(1,801)| |Net Movement
in Funds||(82,844)|(157,501)|(240,345)|16,776|107,913|124,689| |Total Funds Brought
Forward
Transfer||200,658
2,000|159,501
(2,000)|360,159|222,840
(38,958)|12,630
38,958|235,470| |Total Funds Carried
Forward||119,814||119,814|200,658|159,501|360,159| |||||2022|||2021|| |---|---|---|---|---|---|---|---|---| |||Notes|Groupf||Charity
f|Group
f||Charity
f| |Fixed Assets
Tangible Assets
Investments||9
10|14,434||12,989
1|9,421||8,405
1| ||||14,434||12,990|9,421||8,406| |Current Assets
Stocks
Debtors
Cash at bank and in hand|||4,273
114,247
286,381||108,965
276,852|1,812
22,516
523,419||28,151
516,441| ||||404,901||385,817|547,747||544,592| |Creditors:||||||||| |Amounts
falling due within
one year||12|(299,521)||(289,888)|(197,009)||(200,306)| |Net Current Assets|||105,380||95,929|350,738||344,286| |Net Assets|||119,814||108,919|360,159||352,692| |The Funds of|the Charity|||||||| |Unrestricted
funds
Restricted funds||13
13|119,814||108,919|200,658
159,501||193,191
159,501| |Total Charity|Funds||119,814||108,919|360,159||352,692| ||||2022|||2021|| |---|---|---|---|---|---|---|---| ||Notes|Groupf||Charity
f|Group
f||Charity
f| |Cashflows from operating|activities||||||| |Net cash provided
by
operating
activities|18|(226,495)||(229,881)|165,809||186,407| |Cashflows
from investing
Purchase of tangible
fixed
Interest received|activities
assets|(10,670)
127||(9,835)
127|(1,109)
111||| |Net cash (used in)/generated
by
investing
activities||(10,543)||(9,708)|(998)||| |Net increase
in cash
and cash equivalents||(237,038)||(239,589)|164,811||186,518| |Cash and cash equivalents
beginning
ofyear|at|523,419||516,441|358,608||329,923| |Cash and cash equivalents
end ofyear|at|286,381||276,852|523,419||516,441| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |2.
Income from|Charita|ble|Activities —Gr|ants||||| |---|---|---|---|---|---|---|---|---| ||||||Total|||Total| |||Unrestricted
Restricted
f|||2022
f|Unrestricted
f|Restricted
f|2021
f| |Somerset West and Taunton
Council
Arts Council|||132,000|96,878|132,000
96,878|132,000|34,551|132,000
34,551| |Arts Council: Cultural|Recovery||||||182,512|182,512| |Fund
Arts Council - Railway Children
Garfield Weston Foundation
Covid-19 SWT Grants
Here and Now
Access to Work|||27,500|2,000
20,520|27,500
2,000
20,520|14,500|1,630
136,250|1,630
136,250
14,500| ||||159,500|119,398|278,898|146,500|354,943|501,443| |3.
Income from|Other|Trading Activities||||||| ||||||Total|||Total| |||Unrestricted
Restricted
f
f|||2022
f|Unrestricted
f|Restricted
f|2021
f| |TTA Trading
Limited
Business Sponsorship
Fundraising|||74,676
66||74,676
66|3,414
5,279
38
656||3,414
5,279
38
656| |Other||||||||| ||||74,742||74,742|9,387||9,387| |4.
Other income|||51,282||51,282|61,806||61,806| ## |5.
Expenditure
on Char|itable
Activities|||||| |---|---|---|---|---|---|---| ||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| ||Funds|Funds|2022|Funds|Funds|2021| |||f||E|E|E| |Theatre costs
Artists'
Payments|344,030|114,401|458,431|14,702|33,923|48,625| |Sound & Lighting
Cons umables
Cinema
Film Rental|593
13,348||593
13,348|158
4,892|6,834|158
11,726| |Cinema
& Equipment
Repairs|3,426|11,665|15,091|6,472|416|6,888| |Depreciation
on Sound
& Lighting
Equipment|3 772||3,772|5,937|9,665|15,602| ||365,169|126,066|491,235|32,161|50,838|82,999| |Premises Costs||||||| |Business Rates
Water Rates
Insurance
Light 8 Heat
Cleaning
&Waste Disposal
Repairs & Maintenance
Fire &Security|1,319
(1,158)
4,893
27,222
12,081
2,815|465
1,692
1,683
480|1,319
(1,158)
5,358
28,914
13,764
3,295|4,112
6,235
8,017
360
1,424
1,202|739
6,619
1,876
826|4,851
6,235
14,636
360
3,300
2,028| ||47,172|4,320|51,492|21,350|10,060|31,410| |Staff Costs
Wages & Salaries|299,024|67,985|367,009|152,135|144,745|296,880| |Publicity
& Marketing
Publicity
& Marketing
SocialMedia
Website|56,071
3,572|17,131
1,770|73,202
5,342|1,613
979
2,713|6,274
455
1,884|7,887
1,434
4,597| ||59,643|18,901|78,544|5,305|8,613|13,918| ## ## ||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---| ||Funds
f|Funds
f|2022
f|Funds
f|Funds
f|2021| |Support Costs
Recruitment
&. HR|1,302||1,302|470|1,277|1,747| |Training
Travel
&.Subsistence
Health
&Safety
Licences|1,813
924
1,275
20,095|9,324
228
15|11,137
1,152
1,290
20,095|409
1,102
2,623|481
60|409
1,583
2,683| |Printing,
Postage
&.
Stationery
ITsupport
8 Telephone
Legal &. Professional
Fees
Audit & Accountancy|2,197
19,478
8,005||2,197
19,478
8,005|555
3,724
7,074
7,366|178
1,949
19,356|733
5,673
26,430
7,366| |Bank &Credit Card
Charges
Ticketing Charges
Sundry Expenses
Depreciation
of Equipment
Bad debt|761
28,438
777
1,478
500|50,060|761
78,498
777
1,478
500|562
5,026
1,662|7,508
1,965|562
12,534
3,627| ||87,043|59,627|146,670|30,573|32,774|63,347| |Total Charitable
Activities
Expenditure|858,051|276,899|1,134,950|241,524|247,030|488,554| ## ## ## ## ## |Tangible
Fixed Assets —Charity and Group|Tangible
Fixed Assets —Charity and Group||Tools 5,|| |---|---|---|---|---| ||Sound
fk|IT|Other|| ||Lightingf|Equipmentf|Equipment
f|Total
f| |Cost
At 1April 2021
Additions|84,645
9,835|14,649|16,513
835|115,807
10,670| |At 31IVlarch 2022|94,480|14,649|17,348|126,477| |Depreciation
At 1April 2021
Charge for Year|79,302
3 772|14,416
233|12,668
1,652|106,386
5,657| |At 31 March 2022|83,074|14,649|14,320|112,043| |Net Book Value||||| |At 31March 2022|11,406||3,028|14,434| |At 31 March 2021|5,343|233|3,845|9,421| ## |TTA Trading
Limited| |---| |Ordinary
shares off1 each| ## ## ## |Investments
(Continued)||||||| |---|---|---|---|---|---|---| |The results of TTA Trading|Limited were|as follows:-|||2022|2021| ||||||f|f.| |Turnover|||||74,676|3,414| |Costs of sales|||||(28,486)|(2,732)| |Gross profit
Administrative
expenses|||||46,190
(42,762)|682
(17,242)
(1,537)| |Tax on (loss)||||||| |Operating
profit/(loss)|||||3,428|(18,097)| |Gift aid to Taunton Theatre Association||Limited||||| |The assets and liabilities
Fixed assets
Current assets
Current
liabilities|were;—||||1,445
19,179
(9,729)|1,017
19,822
(13,373)| |Total assets less current|liabilities||||10,895|7,466| ||||||1|1| |Called up share capital
Retained
earnings|||||10,894|7,465| ||||||10,895|7,466| |Debtors||||||| ||||2022||Z021|| |||Group
f||Charity
f|Group
f|Charity
f| |Trade Debtors
P repayments
Accrued Grant Income
Other Debtors||48,453
1,234
20,520
44,040||46,824
825
20,520
40,701|3,965
3,201
7,898
7,452|12,983
3,201
7,898
4,069| |||114,247||108,870|22,516|28,151| ## |2.|Creditors: Amounts
|fall|ing|due within|one year|||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||2022|||2021||| ||||||Group
f|Charity
f|Group
f||Charity
F|| ||Trade Creditors
Taxation 5 Social Security
Accrua Is
Ticket sales received
in advance
51,975
8,679
63,267
141,776|||||44,530
8,679
61,903
141,776|10,477
18,599
37,051
130,882||14,314
18,599
36,511
130,882|| ||Grant income received||in|advance|33,000|33,000||||| ||VAT||||824|||||| ||||||299,521|289,888|197,009||200,306|| |13.|Statement of Funds|—Group and Charity||||||||At 31| |||||At 1April
2021
f|Income
f|Expenditure
f|Tax
f|Transfer
f||March
2022
f| ||Unrestricted
funds
General|||200,658|833,484|(916,328)||2,000||119,814| ||Restricted funds|||||||||| ||Garfield Weston Culture|||||||||| ||Fund|||136,250||(136,250)||||| ||Arts Council|||22,251||(22,251)||||| ||Arts Council —Cultura||I|||||||| ||Recovery Fund
Future Arts
Here and Now|||1,000|96,878
2,000|(96,878)
(1,ooo)||(2,000)||| ||Access to Work||||20,520|(20,520)||||| |||||159,501|119,398|(276,899)||(2,000)||| ## ## ## ||||||2022|2021|| |---|---|---|---|---|---|---|---| |||||Group
f|Charity
f|Group
f|Charity
f| |Net Movement
in Funds||(as per statement|of||||| |financial
activities)||||(240,345)|(243,771)|124,689|142,785| |Adjustments
for:-|||||||| |Investment
Income||||(127)|(127)|(111)|(111)| |Depreciation||||5,657|5,250|19,322|19,229| |Movements
in Working||Capital:-|||||| |(Increase)/Decrease|in Stock|||(2,461)||811|100| |(Increase)/Decrease|in Debtors|||(91,731)|(80,719)|62,670|54,033| |Increase/(Decrease)|in Creditors|||102,512|89,486|(41,572)|(29,629)| |Cash (Used in)/Provided||by Operating|||||| |Activities||||(226,495)|(229,881)|165,809|186,407| |||At 1April|||Tax||31March| |---|---|---|---|---|---|---|---| |||2020|Income|Expenditure|Credit|Transfer|2021| |||f|f|f|f|f|f| |Unrestricted|Fund||||||| |General||222,840|269,575|(250,998)|(1,801)|(38,958)|200,658| |Restricted
Funds|||||||| |Cinema||9,665||(9,665)|||| |Studio Refurbishment||1,965||(1,965)|||| |Garfield Weston Culture||Fund|136,250||||136,250| |Arts Council|||34,551|(12,300)|||22,251| |Arts Council Culture|||||||| |Recovery fund|||182,512|(221,470)||38,958|| |Future Arts||1,000|||||1,000| |SCFTake Part|||1,630|(1,630)|||| |||12,630|354,943|(247,030)||38,958|159,501|