2021-12-31-accounts - Kh Theatre Limited

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			Page
Chairman's Report
Report ofthe Trustees		2	to	8
Independent Examiner's	Report
Statement of Financial	Activities		10
Balance Sheet		11	to	12
Cash Flow Statement			13
Notes tothe Cash Flow	Statement		14
Notes to the Financial Statements		15to		22
Detailed Statement of Financial Activities		23	to	24

					31.12.21	31.12.20
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes	E	E	E	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies		2	43,504		43,504	214,055
Charitable activities
Encouragement ofthe Arts			500,328	5,000	505,328	590,143
Investment income		3	2,595		2,595	878
Other income			30,719		30,719	139,723
Total			577,146	5,000	582,146	944,799
EXPENDITURE ON
Raising funds			1,177	21,725	22,902	35,848
Charitable activities
Encouragement ofthe Arts			634,729		634,729	650,035
Total			635,906	21,725	657,631	685,883
NET INCOME/(EXPENDITURE)			(58,760)	(16,725)	(75,485)	258,916
RECONCILIATION OF FUNDS
Total funds brought forward			414,615	216,640	631,255	372,339
TOTAL FUNDS CARRIED FORWARD			355,855	199,915	555,770	631,255

				31.12.21	31.12.20
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes	E	E	E	6
FIXEDASSETS
Intangible assets Tangible assets	11 12	3,200 82,161		3,200 82,161	3,622 87,252
		85,361		85,361	90,874
CURRENTASSETS
Debtors	13	340,796	117,579	458,375	254,933
Cash at bank and in hand		90	82,336	82,426	331,477
		340,886	199,915	540,801	586,410
CREDITORS
Amounts falling due within one year	14	(70,392)		(70,392)	(46,029)
NET CURRENT ASSETS		270,494	199,915	470,409	540,381
TOTAL ASSETS LESSCURRENT UABILITIES		355,855	199,915	555,770	631,255
NET ASSETS		355,855	199,915	555,770	631,255
FUNDS	15
Unrestricted funds				355,855	414,615
Restricted funds				199,915	216,640
TOTALFUNDS				555,770	631,255

				31.12.21	31.12.20
			Notes	E	E
Cash flows from operating	activities
Cash generated from operations				(249,646)	156,290
Net cash (used in)/provided	by operating		activities	(249,646)	156,290
Cash flows from investing	activities
Purchase oftangible fixed	assets			(2,000)	(3,325)
Interest received				2,595	878
Net cash provided by/(used	in) investing		activities	595	(2,447)
Change in cash and cash equivalents		in the
reporting period				(249,051)	153,843
Cash and cash equivalents	at the beginning
ofthe reporting period				331,477	177,634
Cash and cash equivalents	at the end	of
the reporting period				82,426	331,477

RECONCILIATION	OF NET (EXPENDITURE)/INCOME	OF NET (EXPENDITURE)/INCOME	OF NET (EXPENDITURE)/INCOME	TO NET CASH FLOW	FROM OPERATING
ACTIVITIES
					31.12.21	31.12.20
					E	E
Net (expenditure)/income		forthe reporting	period	(as per the
Statement ofFinancial Activities)					(75,485)	258,916
Adjustments for:
Depreciation charges					7,514	7,698
Interest received					(2,595)	(878)
Theatre Tax Credit					(18,854)	(49,087)
Other					29,449
(Increase)/decrease	in debtors				(192,369)	19,993
Increase/(decrease)	in creditors				2,694	(80,352)
Net cash (used in)/provided		by operations			(249,646)	156,290

	At 1.1.21	Cash flow	At 31.12.21
	E	E	E
Net cash
Cash at bank and in hand	331,477	(249,051)	82,426
	331,477	(249,051)	82,426
Total	331,477	(249,051)	82,426

2.	DONATIONS	AND LEGACIES	AND LEGACIES	AND LEGACIES	AND LEGACIES
						31.12.21	31.12.20
						E	E
	Donations					32,686	208,700
	Visiting Productions		Rental		In come	4,890	2,475
	Membership	and Sponsorship				5,928	2,880
						43,504	214,055
3.	INVESTMENT	INCOME
						31.12.21	31.12.20
						E	E
	Interest receivable - trading					2,595	878
4.	INCOME FROM CHARITABLE ACTIVITIES
						31.12.21	31.12.20
						E	E
	Ticket Sales					144,690	243,517
	Friends Scheme					950	1,080
	Merchandise					2,528	2,846
	Booking Fees					7,743	18,334
	Grants					346,970	317,900
	Gift Aid					2,447	6,466
						505,328	590,143
	Grants received, included			in	the above, are as follows:
						31.12.21	31.12.20
						E	E
	Arts Council England					311,970	280,000
	OAK Foundation						15,400
	5&I Fogel Charitable		Trust				250
	Ernest Hecht	Charitable		Foundation			5,000
	Foyle Foundation						15,000
	Islington Council					30,000	2,250
	Theatres Trust Charitable			Fund		5,000
						346,970	317,900

S.	RAISING FUNDS	RAISING FUNDS
	Raising donations			and legacies
						31.12.21	31.12.20
						6	E
	Fundraising					21,725	14,760
	Other trading activities
						31.12.21	31.12.20
						E	6
	Purchases					1,177	21,088
	Aggregate	amounts				22,902	35,848
6.	CHARITABLE ACTIVITIES COSTS
						Support
					Direct	costs (see
					Costs	note 7)	Totals
					E	E	6
	Encouragement		of	the Arts
					213,437	421,292	634,729

					Information	Human
			Management	Finance	technology	resources	Totals
			E	E	E	E	E
Encouragement	ofthe	Arts
			374,625	42,979	748	2,940	421,292

			31.12.21	31.12.20
			E	E
Depreciation	—owned assets		7,091	7,275
Hire of plant	and	machinery	1,923	1,804
Other operating		leases	29,700	15,544
Development	costs amortisation		422	423

STAFF	COSTS
		31.12.21	31.12.20
		E	E
Wages	and salaries	294,503	290,800
Social	security costs	17,465	17,179
		311,968	307,979

The average monthly	number ofemployees	during the year was as follows:
Staff

31.12.21	31.12.20
12	12

INTANGIBLE FIXEDASSET	S
							Developmen
							costs
							E
COST
At 1January 2021and 31	December 2021						4,225
AMORTISATION
At 1January 2021							603
Charge for year							422
At 31December 2021							1,025
NET BOOK VALUE
At 31December 2021							3,200
At 31December 2020							3,622
TANGIBLE FIXEDASSETS
				Fixtures
	Freehold	Plant	and	and		Computer
	property	machinery		fittings		equipment	Totals
	E	E		E		E	f
COST
At 1January 2021	97,487	16,949		5,522		5,501	125,459
Additions						2,000	2,000
At 31December 2021	97,487	16,949		5,522		7,501	127,459
DEPRECIATION
At 1January 2021	17,438	13,781		3,836		3,152	38,207
Charge for year	4,874		792		421	1,004	7,091
At 31December 2021	22,312	14,573		4,257		4,156	45,298
NET BOOK VALUE
At 31December 2021	75,175	2,376		1,265		3,345	82,161
At 31December 2020	80,049	3,168		1,686		2,349	87,252

DEBTORS:AMOUNTS	F	ALLING DUE WITHIN ONE YEAR
			31.12.21	31.12.20
			E	E
Trade debtors			2,053	7,034
Amounts owed by group		undertakings	215,024	203,951
Other debtors			239,134	42,000
Prepayments			2,164	1,948
			458,375	254,933
CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
			31.12.21	31.12.20
			E	E
Trade creditors			15,484	5,228
Amounts owed to group		undertakings	21,669
Social security and other		taxes	5,843	4,544
VAT			2,210	1,173
Other creditors			18,466	20,803
Accruals and deferred	income		6,720	14,281
			70,392	46,029

MOVEMENT	IN	FUNDS
					Net
					movement	At
				At 1.1.21	in funds	31.12.21
				E	E	f
Unrestricted	funds
General fund				414,615	(58,760)	355,855
Restricted funds
Capital Project				216,640	(16,725)	199,915
TOTAL FUNDS				631,255	(75,485)	555,770
Net movement		in funds, included	in the above are as follows:
				Incoming	Resources	Movement
				resources E	expended E	in funds f
Unrestricted	funds
General fund				577,146	(635,906)	(58,760)
Restricted funds
Capital Project				5,000	(21,725)	(16,725)
TOTALFUNDS				582,146	(657,631)	(75,485)

			Net
			movement	At
		At 1.1.20	in funds	31.12.20
		E	E	E
Unrestricted	funds
General fund		207,970	206,645	414,615
Restricted funds
Capital Project		164,369	52,271	216,640
TOTALFUNDS		372,339	258,916	631,255

		Incoming	Resources	Movement
		resources	expended	in funds
		E	E	E
Unrestricted funds
General fund		892,528	(685,883)	206,645
Restricted funds
Capital Project		52,271		52,271
TOTAL FUNDS		944,799	(685,883)	258,916
A current year 12months	and prior year 12months combined	position is as follows:
			Net
			movement	At
		At 1.1.20	in funds	31.12.21
		E	E	E
Unrestricted funds
General fund		207,970	147,885	355,855
Restricted funds
Capital Project		164,369	35,546	199,915
TOTAL FUNDS		372,339	183,431	555,770

	Incoming	Resources	Movement
	resources E	expended f	in funds E
Unrestricted funds
General fund	1,469,674	(1,321,789)	147,885
Restricted funds
Capital Project	57,271	(21,725)	35,546
TOTALFUNDS	1,526,945	(1,343,514)	183,431

				31.12.21	31.12.20
				E	E
INCOME AND ENDOWMENTS
Donations and legacies
Donations				32,686	208,700
Visiting Productions		Rental	In come	4,890	2,475
Membership and	Sponsorship			5,928	2,880
				43,504	214,055
Investment income
Interest receivable		-trading		2,595	878
Charitable activities
Ticket Sales				144,690	243,517
Friends Scheme				950	1,080
Merchandise				2,528	2,846
Booking Fees				7,743	18,334
Grants				346,970	317,900
Gift Aid				2,447	6,466
				505,328	590,143
Otherincome
JRS Grant				30,719	139,723
Total incoming resources				582,146	944,799
EXPENDITURE
Raising donations	and legacies
Fundraising				21,725	14,760
Other trading activities
Purchases				1,177	21,088
Charitable activities
Actor &Technician		Wages		8,386	5,043
Literary Resources				48	51
Commissions				1&0,939	234,081
Boxoffice costs				24,064	24,097
				213,437	263,272
Support costs
Management
Wages				294,503	290,800
Carried forward				294,503	290,800

		31.12.21	31.12.20
		E	E
Management
Brought forward		294,503	290,800
Social security		17,465	17,179
Hire of plant	and machinery	1,923	1,804
Rent		29,700	15,544
Repairs and	Maintenance	6,229	1,778
Insurance		2,860	3,064
Travel and Subsistence		1,954	7,744
Telephone		1,632	1,920
Postage and	stationery	607	1,478
Advertising		15,728	10,006
Sundries		811	128
Fixtures and	fittings	421	562
Computer equipment		792	1,056
		374,625	353,063
Finance
Accountancy		22,640	15,889
Auditor Fees		1,397	1,397
Bank charges		211	149
Professional	Consultancy	8,189	4,602
Credit and other charges		4,241	4,655
Development	costs	423	423
Freehold property		4,874	4,874
Computer equipment		1,004	783
		42,979	32,772
Information	technology
Computer Expenses		748	660
Human resources
Training		2,940	268
Total resources expended		657,631	685,883
Net (expenditure)/income		(75,485)	258,916