| Page | |||
|---|---|---|---|
| Legal and administrative | information | ||
| Trustees' report |
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| Accountants' report |
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| Statement of | |||
| financial activities |
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| Income and expenditure | account | ||
| Balance sheet | |||
| Statement ofcash flows | |||
| Notes to the accounts | 8 | to 13 |
| TRUSTEES | Chairman | Lee Martin-White | |||
|---|---|---|---|---|---|
| Vice Chairman | lan Michael Johnston | ||||
| Secretary | Helen Elizabeth | Hodgson | |||
| Mark Hazzard | |||||
| Marlene Johnston | (Resigned September 2020) | ||||
| Barbara Ann Cannon | |||||
| Mandy Lawson-Jackson | |||||
| BUSINESS ADDRESS | Carnegie Theatre | Trust | |||
| Carnegie Theatre | &Arts Centre | ||||
| Finkle Street | |||||
| Workington | |||||
| Cumbria | |||||
| BANKERS | Lloyds Bank | ||||
| 21-23 Murray Road | |||||
| Workington | |||||
| Cumbria | CA14 2AD | ||||
| ACCOUNTANTS | Lamont Pr)dmore | (West Cumbria) | Limited | ||
| Milburn House |
|||||
| 3 Oxford Street | |||||
| Workington | |||||
| Cumbria | |||||
| SOLICITORS | Brockbanks | ||||
| Norham House |
|||||
| 71 Main Street | |||||
| Cockermouth | |||||
| Cumbria | CA13 9JS |
| for | the year en | ded 31stllllarch 2 | 021 | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | Funds | Funds | |||
| Note | 2021 f |
2020 6 |
||||
| INCOMING RESOURCES |
||||||
| Incoming resources from |
generating | funds: | ||||
| Voluntary income |
2 | 309,706 | 14,500 | 324,206 | 105,915 | |
| Activities for generating | funds | 3 | 1,500 | 1,500 | 8,250 | |
| Income from charitable | activities | 4 | 13,496 | 13,496 | 418,327 | |
| Investments (bank interest) |
156 | 156 | 535 | |||
| TOTAL INCOMING RESOURCES |
324,858 | 14,500 | 533,027 | |||
| RESOURCES EXPENDED | ||||||
| Charitable activities |
5/6 | (290,274) | (290,274) | (528,924) | ||
| Governance costs |
7 | (13,355) | (13,355) | (8,258) | ||
| TOTAL RESOURCES EXPENDED | 303,629 | (303,629) | 537,182 | |||
| NET INCOMING RESOURCES FOR THE | 21,229 | 14,500 | 35,729 | (4,155) | ||
| PERIOD | ||||||
| Total funds brought forward |
134,127 | 1,500 | 135,627 | 139,782 | ||
| Transfers between funds |
(61,435) | 61,435 | ||||
| TOTAL FUNDS CARRIED | FORWARD | 93,921 | 77,435 | 171,356 | 135,627 |
| IN | COME AND EXPENDITURE ACCOUNT | |||||
|---|---|---|---|---|---|---|
| for the year ended 31st March 2021 | ||||||
| 2021 | 2020 | |||||
| Note | F | |||||
| INCOME | ||||||
| Voluntary income |
324,206 | 105,915 | ||||
| Activities for generating | funds | 1,500 | 8,250 | |||
| Income from charitable | activities | 13,496 | 418,327 | |||
| Income from investments | 156 | 535 | ||||
| Total income | 339,358 | 533,027 | ||||
| EXPENDITURE | ||||||
| Total expenditure | 6,7 | 303,629 | 537,182 | |||
| Net surplus/(deficit) | of income | |||||
| over expenditure | for | the | period | 13 | 35,729 | 4,155 |
| CARNEGIE | THEATRE TRUST (WORKINGTON) | THEATRE TRUST (WORKINGTON) | ||||
|---|---|---|---|---|---|---|
| BALANCE SHth I | ||||||
| at 31st March 2021 | ||||||
| 31 March | 31 March | |||||
| 2021 | 6 | 2020 | ||||
| Note | 6 | 6 | ||||
| FIXEDASSETS | ||||||
| Tangible assets | 87,242 | 104,739 | ||||
| CURRENT ASSETS | ||||||
| Stocks | 10 | 3,758 | 4,879 | |||
| Debtors | 11 | 61,786 | 9,379 | |||
| Cash at bank and in hand | 162,220 | 138,073 | ||||
| 227,764 | 152,331 | |||||
| CREDITORS: Amounts | falling | due within | 143,650 | 121,443 | ||
| one year | 12 | |||||
| NET CURRENT ASSETS | 84,114 | 30,888 | ||||
| TOTAL ASSETS LESSCURRENT | 171,356 | 135,627 | ||||
| LIABILITIES | ||||||
| FUNDS | ||||||
| Unrestricted funds |
13 | 93,921 | 134,127 | |||
| Restricted funds | 13 | 77,435 | 1,500 | |||
| 171,356 | 135,627 |
| 6 | IA IEMEN I Ol. | IA IEMEN I Ol. | CASH fLOWS | ||||
|---|---|---|---|---|---|---|---|
| for | the year ended | 31"March 2021 | |||||
| 31 March | 31 March | ||||||
| Note E |
2021f | 8 | 2020 E |
||||
| Cash used in operating |
activities | 15 | 23,991 | 59,867 | |||
| Cash flows from investing activities |
|||||||
| Interest income | 156 | 535 | |||||
| Purchase oftangible fixed |
assets | ||||||
| Cash provided by investing activities |
24,147 | 60,402 | |||||
| Cash flow from financing | activities | ||||||
| Proceeds of borrowing | |||||||
| Cash received from financing activities |
|||||||
| Increase/(decrease) in cash and cash equivalents |
in | ||||||
| the year | 24,147 | 60,402 | |||||
| Cash and cash equivalents | at the beginning | ofthe year | 138,073 | 77,671 | |||
| Total cash and cash equivalents at the end ofthe |
|||||||
| year | 162,220 | 138,073 |
| are held separately from thos profit and loss account. |
e of the | ch | arity. The an |
nual contribu |
tions payable are charg |
ed to the |
|
|---|---|---|---|---|---|---|---|
| 2 | Voluntary Income |
2021f | 2020 6 |
||||
| Donations received —Unrestricted |
8,254 | 2,303 | |||||
| Grants received —Unrestricted | 301,452 | 90,000 | |||||
| Grants received —Restricted | 14,500 | 13,612 | |||||
| 324,206 | 105,915 | ||||||
| 3 | incoming Resources from Activities |
for | Generating | Funds | |||
| 2021 | 2020 | ||||||
| E | 6 | ||||||
| Cafe rents - Unrestricted | 1,500 | 8,250 | |||||
| 1,500 | 8,250 | ||||||
| 4 | Incoming Resources from Charitable |
Activities | |||||
| 2021 | 2020 | ||||||
| 6 | E | ||||||
| Ticket Sales —Unrestricted | 215,846 | ||||||
| Third party ticket sales and commissions | —Unrestricted | 8,067 | |||||
| Bar sales —Unrestricted | 300 | 82,145 | |||||
| Room hire —Unrestricted | 4,273 | 11,600 | |||||
| Music Centre Income —Unrestricted | 5,709 | 6,596 | |||||
| Theatre Hire —Unrestricted |
34,837 | ||||||
| Bar hire —Unrestricted | 1,035 | 2,262 | |||||
| Ice cream and confectionary | sales —Unrestricted | 6,603 | |||||
| Catering —Unrestricted | 32 | 4,054 | |||||
| Booking fees —Unrestricted | (358) | 9,764 | |||||
| Recovery ofcosts —Unrestricted | 263 | 10,011 | |||||
| Carnegie friends membership | —Unrestricted | ||||||
| Music classes —Unrestricted | 1,739 | 10,732 | |||||
| Sale of artwork —Unrestricted Restoration levy - Unrestricted |
1,779 ~1,276 13,496 |
15,810 418,327 |
| 5 | Costs ofcharita | ble | ac | tiv | ities | by | fund | type | |||
| 2021 | 2020 | ||||||||||
| 6 | 6 | ||||||||||
| Charitable activities |
—unrestricted | 290,274 | 516,812 | ||||||||
| Charitable activities |
—restricted | 12,112 | |||||||||
| 290,274 | 528,924 | ||||||||||
| 6 | Costs ofcharitable | activities | by activity type | ||||||||
| 2021 | 2020 | ||||||||||
| 6 | |||||||||||
| Direct Costs | 10,500 | 193,961 | |||||||||
| Premises Costs | 71,457 | 82,621 | |||||||||
| Staff costs | 154,561 | 159,208 | |||||||||
| Advertising | and | publicity | 473 | 15,111 | |||||||
| Other costs | including | irrecoverable | VAT | 53,283 | 78,023 | ||||||
| 290,274 | 528,924 | ||||||||||
| 7 | Governance | costs | |||||||||
| 2021 | 2020 | ||||||||||
| F | F | ||||||||||
| Accountancy | fees | 2,500 | 2,500 | ||||||||
| Legal and professional | 10,855 | 5,758 | |||||||||
| 13,355 | 8,258 | ||||||||||
| 8 | Staff costs and Emoluments | ||||||||||
| 2021 | 2020 | ||||||||||
| 6 | F | ||||||||||
| Wages and | salaries | 143,504 | 146,003 | ||||||||
| Social security costs | 5,118 | 6,537 | |||||||||
| Other pension costs | 5,939 | 6,668 | |||||||||
| 154,561 | 159,208 | ||||||||||
| The average | number | ofemployees | on a full time equivalent | basis | |||||||
| was 5, positioned | as follows: | ||||||||||
| 2021 | 2020 | ||||||||||
| No. | No. | ||||||||||
| Management | |||||||||||
| Administration |
| f | f | or t | he year end | ed 31stMarch 2021 | |||
|---|---|---|---|---|---|---|---|
| 9 | Tangible fixed assets | ||||||
| Fixtures & | Office | Total | |||||
| Fittings | Equipment | ||||||
| 6 | |||||||
| Cost | |||||||
| At 1"April 2020 | 121,881 | 48,979 | 170,860 | ||||
| Additions in the year |
|||||||
| At 31"March 2021 | 121,881 | 48,979 | 170,860 | ||||
| Depreciation At 1"April 2020 |
34,977 | 31,144 | 66,121 | ||||
| Charge for the year | 4,461 | 13,036 | 17,497 | ||||
| At 31"March 2021 | 39,438 | 44,180 | 83,618 | ||||
| Net book value | |||||||
| At 31"March 2021 | 82,443 | 4,799 | 87,242 | ||||
| At 31"March 2020 | 86,904 | 17,835 | 104,739 | ||||
| 2021f | 2020 6 |
||||||
| Capital expenditure 31"March 2021 but |
contracted for at not provided for |
||||||
| in the accounts | |||||||
| 10 | Stock | ||||||
| 2021 | 2020 | ||||||
| F | |||||||
| Goods for resale | 3,758 | 4,879 | |||||
| 11 | Debtors | ||||||
| 2021 | 2020 | ||||||
| 6 | 5 | ||||||
| Amounts falling due within |
one | year | |||||
| Trade Debtors | 61,637 | 6,229 | |||||
| Other Debtors | 149 | 3,150 | |||||
| 61,786 | 9,379 |
| Creditors: amounts | falling due within one year | ||
|---|---|---|---|
| 2021 | 2020 | ||
| 6 | |||
| Trade Creditors | 11,886 | 26,474 | |
| FAYE and social security | 2,229 | 3,465 | |
| VAT | 263 | ||
| Accruals and deferred | income | 129,535 | 91,241 |
| 143,650 | 121,443 |
| The movemen | t in the ye |
ar is as follows: | ||||
|---|---|---|---|---|---|---|
| At 01.04.20 f |
Income | Expenditure f |
Transfers 6 |
At 31.03.21 | ||
| Unrestricted | Funds | |||||
| General Funds |
134,127 | 324,858 | (303,629) | (61,435) | 93,921 | |
| Restricted Funds |
||||||
| Grants | 1,500 | 14,500 | 61,435 | 77,435 | ||
| Total Funds | 135,627 | 339,358 | (303,629) | 171,356 | ||
| Analysis of | net assets | by fund | ||||
| Unrestricted | Designated | Restricted | Total | |||
| Funds | Funds | Funds | ||||
| F | 6 | 6 | ||||
| Unrestricted | Funds | |||||
| Fixed Assets | 87,242 | 87,242 | ||||
| Other Assets | 6,679 | 77,435 | 84,114 | |||
| Total Funds | 93,921 | 77,435 | 171,356 |
| Reconciliation of net |
mov | ement in funds to net cas |
h flow from operating activiti |
es |
|---|---|---|---|---|
| 2021 | 2020 | |||
| E | 6 | |||
| Net movement in funds |
35,729 | (4,155) | ||
| Add back depreciation | charge | 17,498 | 21,288 | |
| Interest receivable | (156) | (536) | ||
| (Increase)/decrease in |
stocks and debtors | (51,287) | 13,169 | |
| Increase in creditors |
22,207 | 30,100 | ||
| Net cash used in operat |
ing | activities | 23,991 | 59,867 |
| for the year | ended 31"March 2021 | ||||
|---|---|---|---|---|---|
| Yearto | Year to | ||||
| 31 March 2021 | 31 March 2020 | ||||
| 6 | |||||
| TURNOVER | |||||
| Ticket sales | 215,846 | ||||
| Third party ticket sales and commissions | 8,067 | ||||
| Barsales | 300 | 82,145 | |||
| Room hire | 4,273 | 11,600 | |||
| Theatre hire |
34,837 | ||||
| Bar hire | 1,035 | 2,262 | |||
| Cafe rents | 1,500 | 8,250 | |||
| ice cream and confectionary | sales | 6,603 | |||
| Catering | 32 | 4,054 | |||
| Booking fees | (358) | 9,764 | |||
| Recovery ofcosts | 263 | 10,011 | |||
| Music Centre Income | 5,709 | 6,596 | |||
| Adult music classes | 1,739 | 10,732 | |||
| Sale of artwork Donations Restoration Levy |
1,779 8,254 ~1,276 |
2,303 15,810 |
|||
| 23,250 | 428,880 | ||||
| COST OF SALES | |||||
| Cost of Performers | 119,214 | ||||
| Other direct theatre | costs | 2,636 | 17,336 | ||
| Music Centre Costs | 4,771 | 12,999 | |||
| Artwork purchases | 1,775 | ||||
| Bar purchases | 1,318 | 34,422 | |||
| Ice cream and Confectionery | 3,829 | ||||
| Catering costs | 6,131 | ||||
| 10,500 | 193,961 | ||||
| GROSS PROFIT | 12,750 | 234,919 | |||
| OVERHEADS | |||||
| Wages and salaries | 143,504 | 146,003 | |||
| Employers national |
insurance | contributions | 5,118 | 6,537 | |
| Staff pension contributions |
5,939 | 6,668 | |||
| Water rates | 1,047 | 971 | |||
| Light and heat | 15,790 | 23,684 | |||
| Insurance | 13,426 | 12,704 | |||
| Repairs and maintenance | 35,753 | 38,625 | |||
| Cleaning and waste |
disposal | 5,441 | 6,637 | ||
| Travelling and subsistence |
987 | ||||
| Telephone and internet |
4,070 | 2,852 | |||
| Computer running |
costs | 5,641 | 4,362 | ||
| Security costs | 960 | ||||
| Technical support |
|||||
| Hire ofequipment | 638 | 441 | |||
| Printing, stationery |
and postage | 1,717 | 6,977 | ||
| Carried Forward | 238,084 | 293,041 |
| Year to | Year to | Year to | Year to | ||
|---|---|---|---|---|---|
| 31 March 2021 | 31 March 2020 | ||||
| 6 | 6 | ||||
| Brought forward | 238,084 | (12,750) | 293,041 | (234,919) | |
| Sundry Expenses | 996 | 757 | |||
| Licence and subscriptions | 10,360 | 12,056 | |||
| Advertising | 473 | 15,111 | |||
| Bank charges | 362 | 951 | |||
| Bad debts | (4,403) | ||||
| Legal and professional | fees | 10,855 | 5,758 | ||
| Accountancy fees |
2,500 | 2,500 | |||
| Depreciation offixtures |
and fittings | 13,036 | 15,338 | ||
| Depreciation ofoffice equipment |
4,461 | 5,950 | |||
| Irrecoverable VAT |
16,405 | 26,392 | |||
| 293,129 | 343,221 | ||||
| (280,379) | (108,302) | ||||
| OTHER INCOME | |||||
| External grant income | 202,035 | 103,612 | |||
| Covid support grants | 113,917 | ||||
| Bank interest receivable | 156 | 535 | |||
| PROFIT/(LOSS) ON ORDINARY | 35,729 | (4,155) | |||
| ACTIVITIES |