2022-03-31-accounts - Carnegie Theatre Trust (Workington)

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TRUSTEES	Chair	Lee Martin-White (resigned	Lee Martin-White (resigned	Lee Martin-White (resigned	6January	6January	6January	6January	6January	2023)	2023)
	Vice Chair	lan Michael Johnston (resigned					21		December 2021)
		Barbara Ann Cannon (appointed						Vice		Chair January
		2022)
	Secretary	Helen Elizabeth Hodgson
		Mark Hazzard (resigned		1	September					2021)
		Mandy Lawson-Jackson
		Dr Robert Douglas Walker			(appointed					1
		September 2021)
		Katie Louise McGivney	(appointed						26		October
		2021)
		Natasha Jane Ashdown		(appointed					6	January
		2022)
		Charles Rotheroe (appointed				14	January				2022,
		resigned 13January 2023)
		Kimberley Victoria Brough		(appointed						14June 2022)
		Barbara Marion Stephens			(appointed					14 February
		2022, resigned 25 November				2022)
BUSINESS ADDRESS		Carnegie Theatre Trust
		Carnegie Theatre 8 Arts		Centre
		Finkle Street
		Workington
		Cumbria
BANKERS		Lloyds Bank
		21-23 Murray Road
		Workington
		Cumbria CA14 2AD
		Cumberland Building Society
		21 Pow Street
		Workington CA14 3AG
ACCOUNTANTS		Lamont Pridmore (West	Cumbria)					Limited
		Milburn House
		3Oxford Street
		Workington
		Cumbria
SOLICITORS		Brockbanks
		Norham House
		71 Main Street
		Cockermouth
		Cumbria CA139JS

	STAT	EME	NT	OF FINANCIAL ACT	IVITIES
	for	the	year	ended 31stMarch	2022
				Unrestricted	Restricted		Total	Total
				Funds	Funds	Funds		Funds
							2022	2021
			Note				E
INCOMING RESOURCES
Incoming resources from	generating	funds:
Voluntary income			2	87,456	124,534		211,990	324,206
Activities for generating	funds		3					1,500
Income from charitable	activities		4	203,275			203,275	13,496
Investments (bank interest)								156
TOTAL INCOMING RESOURCES				290,731	124,534		415,265	339,358
RESOURCES EXPENDED
Charitable activities			5/6	(257,727)	(84 185)	(341,912)		(290,274)
Governance costs				(10,916)	(43,149)		(54,065)	(13,355)
TOTAL RESOURCES EXPENDED				268 643	127334	(	)	303,629
NET INCOMING RESOURCES FOR THE				22,088	(2,800)		19,288	35,729
PERIOD
Total funds brought forward				93,921	77,435		171,356	171,356
Transfers between funds				61,435	(61,435)
TOTAL FUNDS CARRIED	FORWARD			177,444	13,200		190,644	171,356

			IN	COIIE AND EXPENDITURE ACCOUNT
				for the year ended 31stMarch 2022
					2022	2021
				Note
INCOME
Voluntary income					211,990	324,206
Activities for generating			funds			1,500
Income from charitable			activities		203.275	13,496
Income from investments						156
Total income					415,265	339,358
EXPENDITURE
Total expenditure				6,7	395,977	303,629
Net surplus/(deficit)		of income
over expenditure	for	the	period	13	19,288	35,729

					31 March	31 March	31 March
					2022	2021
				Note	E	F
Cash used in operating	activities				27,577	23,991
Cash flows from investing activities
Interest income							156
Purchase oftangible fixed	assets				~13,134
Cash provided by investing activities					14,443	24,	147
Cash flow from financing	activities
Proceeds of borrowing
Cash received from financing activities
Increase/(decrease) in cash and cash equivalents			in
the year					14,443	24,	147
Cash and cash equivalents	at the beginning	ofthe year			162,220	138,073
Total cash and cash equivalents at the end ofthe
year					176,663	162,220


Voluntary Income					2022	2021
					E
Donations received —Unrestricted					13,902	8,254
Grants received —Unrestricted					73,554	301,452
Grants received —Restricted					124,534	14,500
					211,990	324,206
Incoming Resources from Activities		for	Generating	Funds
					2022	2021
					E
Cafe rents - Unrestricted						1,500
						1,500
Incoming Resources from Charitable		Activities
					2022	2021
						F
Ticket Sales —Unrestricted					101,168
Third party ticket sales and commissions			—Unrestricted		444
Barsales —Unrestricted					45,274	300
Room hire —Unrestricted					14,988	4,273
Music Centre Income —Unrestricted					5,952	5,709
Theatre Hire —Unrestricted					12,057
Bar hire —Unrestricted					3,484	1,035
Ice cream and confectionary	sales —Unrestricted				872
Catering —Unrestricted					974	32
Booking fees —Unrestricted					4,957	(358)
Recovery ofcosts —Unrestricted					5,320	263
Carnegie friends membership	—Unrestricted
Music classes —Unrestricted					558	1,739
Sale ofartwork —Unrestricted					387	1,779
Insurance claims received
Restoration levy - Unrestricted					6,840	1,276
					203,275	13,496

osts ofcha	ritable a	ctivities by a	ctivity type
				2022	2021
				E
Direct Costs				80,670	10,500
Premises Costs				86,283	71,457
Staff costs				113,248	154,561
Advertising	and publicity			1,698	473
Other costs	including	irrecoverable	VAT	60,013	53,283
				341,912	290,274

		f	f	he year end	ed 31stMarch 2022
9	Tangible	fixed assets
					Fixtures 8	Office	Total
					Fittings	Equipment
						F.
	Cost
	At 1"April	2021			121,881	48,979	170,860
	Additions	in the year			1,178	11,956	13,134
	At31"March 2022				123,059	60,935	183,994
	Depreciation At 1"April 2021				48,013	35,605	83,618
	Charge for the year				11,256	6,339	17,595
	At 31"March 2022				59,269	41,944	101,213
	Net book	value
	At 31"March 2022				63790	18,991	82,781
	At 31"March 2021				73,868	13,374	87,242
						2022	2021
						E	F
	Capital expenditure 31"March 2022 but		contracted for at not provided for
	in the accounts
10	Stock
						2022	2021
						F	F
	Goods for	resale				5,882	3,758
11	Debtors
						2022	2021
						E	F
	Amounts	falling due within one		year
	Trade Debtors					2,803	61,637
	Other Debtors					10,000	149
						12,803	61,786

Reconciliation of ne	t	movement in funds to net cas	h flow from operating activiti	es
			2022	2021
			E	E
Net movement in funds			19,288	35,729
Add back depreciation		charge	17,595	17,498
Interest receivable				(156)
Decrease/(Increase)	in	stocks and debtors	46,859	(51,287)
(Decrease)/Increase	in	creditors	56,165	22,207
Net cash used in operating activities			27,577	23,991

			for the year	ended 31"March 2022
				Year to	Year to
				31 March 2022	31 March 2021
TURNOVER
Ticket sales				101,168
Third party ticket sales and			commissions	444
Bar sales				45,274	300
Room hire				14,988	4,273
Theatre hire				12,057
Bar hire				3,484	1,035
Cafe rents					1,500
Ice cream and confectionary			sales	872
Catering				974	32
Booking fees Recovery ofcosts				4,957 5,320	(358) 263
Music Centre Income Adult music classes Sale ofartwork				5,952 558 387	5,709 1,739 1,779
Donations				13,902	8,254
Restoration Levy				6,840	1,276
COST OF SALES				217,177	23,250
Cost of Performers				48,278
Other direct theatre		costs		11,286	2,636
Music Centre Costs				5,345	4,771
Artwork purchases					1,775
Bar purchases				14,287	1,318
Ice cream and Confectionary				1,474
Catering costs
				80,670	10,500
GROSS PROFIT				136,507	12,750
OVERHEADS
Wages and salaries				105,108	143,504
Employers national		insurance	contributions	2,479	5,118
Staff pension contributions				5,661	5,939
Water rates				1,283	1,047
Light and heat				22,373	15,790
Insurance				13,536	13,426
Repairs and maintenance				40,250	35,753
Cleaning and waste		disposal		8,841	5,441
Travelling and subsistence				242
Telephone and internet				5,392	4,070
Computer running	costs			7,794	5,641
Security costs
Technical support
Hire ofequipment				870	638
Printing, stationery		and postage		1,856	1,717
Carried Forward				215,685	238,084

		Year to		Year to
		31 March 2022		31Ilarch 2021
Brought forward		215,685	(136,507)	238,084	(12,750)
Sundry Expenses		1,713		996
Licence and subscriptions		3,965		10,360
Advertising		1,698		473
Bank charges		385		362
Bad debts				(4,403)
Legal and professional	fees	51,290		10,855
Accountancy fees		2,775		2,500
Depreciation offixtures	and fittings	11,256		13,036
Depreciation ofoffice equipment		6,339		4,461
Irrecoverable VAT		20,201		16,405
			315,307		293 129
			(178,800)		(280,379)
OTHER INCOME
External grant income			179,489		202,035
Covid support grants			8,599		113,917
Insurance claims received			10,000
Bank interest receivable					156
PROFIT ON ORDINARY ACTIVITIES			19,288		35,729