#
##
##
##
##
|||Page||
|---|---|---|---|
|Legal and administrative|information|||
|Trustees'
report||||
|Accountants'
report||||
|Statement of||||
|financial
activities||||
|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||||||