2021-03-31-accounts

Reference and Administrative	Details
Trustees' report
Trustees' responsibilities in relation to the financial statements
Independent examiner's report
Statement offinancial activities
Balance sheet
Cash Row statement
Notes to the financial statements

			Ballet	Lorent Limited
			Reference and	Administrative	Details
Charity name			Ballet Lorent	Limited
Charity registration	number		1162921
Company registration		number	05093450
Principal oNce			Mea House
			Ellison Place
			NEWCASTLE UPON TYNE
			NE1 8XS
Registered oNce			Mea House
			Ellison Place
			NEWCASTLE UPON TYNE
			NE1 8XS
Trustees			J Kingsland	(Resigned	10December 2020)
			SFiggis	(Resigned	10December 2020)
			D C Capps
			J P McKenna
			P RWJackson
			P A F Johnston
			A R CroR
			JArcher	(Appointed	10December 2020)
			N SCampbell	(Appointed	8October 2020)
Secretary			C Grimwood
Accountant			Dodd &Co Limited
			FIFTEEN Rosehill
			Montgomery	Way
			Rosehill Estate
			CARLISLE
			CA1 2RW

				Unrestricted	Restricted	Total Funds	Total Funds
				Funds	Funds	2021	2020
			Note			f
Income and endowments		from:
Donations and legacies				521,315	1S,455	540,770	495,618
Other trading activities				4,406		4,406	3,321
Income from charitable activities				34,196		34,196	87,658
Total income and endowments				559,917	19,455	579,372	586,597
Expenditure on:
Raising funds				5,800		5,800	10,300
Charitable activities				441,543	3,782	445,325	494,197
Total expenditure				447,343	3,782	451,125	504,497
Net income before	transfers			112,574	15,673	128,247	82,100
Transfers
Transfers between	funds			2,000	(2,000)
Net movements in	funds			114,574	13,673	128,247	82,100
Reconciliation of	funds
Total funds brought	forward			229,517	75,431	304,948	222,848
Total funds carried	forward			344,091	89,104	433,195	304,948

				2021		2020
			Note
Fixed assets
Tangible assets					25,047		19,432
Current assets
Stocks and work	in progress			262		262
Debtors			12	92,612		54,347
Cash at bank and	in	hand		340,588		247,487
				433,462		302,096
Creditors: Amounts year		falling due within one	13	(25,314)		(16,580)
Net current assets					408,148		285,516
Net assets					433.195		304,948
The funds ofthe	charity:
Restricted funds					89,104		75,431
Unrestricted funds
Unrestricted income		funds			344,091		229,517
Total charity funds					433,195		304,948

			2021	2020
				E
Net cash provided by (used by) operating Net income for the period		activities	128,247	82,100
Depreciation charges Increase in debtors			3,385 (38,265)	3,174 (14,951)
Increase	in creditors		8,734	275
			102,101	70,598
Net cash Purchase	provided by (used in) Investing ofproperty, plant and equipment	activities	(9,000) (9,000)	(2,656) (2,656)
I	ih		93,101	67,942

			Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds	2021	2020
Artistic programme			3,670		3,670	39,972
Digital production		income	11,913		11,913
Other earned	income		1,985		1,985	7,595
Corporation	tax receivable		16,628		16,628	40,091
			34,196		34,196	87,658

Expenditure
		Fundraising	~ rm "	Total	Total
				2021	2020
Direct costs
Opening stock			262	262	262
Performance costs			60,629	60,629	84,154
Artist fees			34,497	34,497	47,131
Programme costs					22
Closing stock			(262)	(262)	(262)
Staff costs			89	89	1,923
Subcontractor costs		5,800		5,800	12,321
ONce rent			11,035	11,035	11,020
Venue hire and licences			22,704	22,704	18,272
Travel and accommodation			4,637	4,637	20,874
Royalties payable			178	178	659
		5,800	133,769	139,569	196,376
Supportcosts
Employment costs			286,246	286,246	272,724
Insurance			3,052	3,052	3,151
Telephone			2,336	2,336	1,977
Printing, postage and stationery			1,946	1,946	1,874
Subscriptions			1,633	1,633	1,541
Sundry expenses			3,862	3,862	5,002
Marketing			47	47	10,675
Accountancy and professional			5,788	5,788	4,583
Independent examiner's	fee		420	420	420
Bank charges			358	358	120
Depreciation offixtures,	fittings and equipment		3,385	3,385	3,174
Training and consultancy			2,483	2,483	2,880
			311,556	311,556	308,121
		5,800	445,325	451,125	504,497

			2021	2020
			No.	No.
Charitable	activities
The aggregate		payroll costs ofthese persons were as follows:
			2021	2020
Wages and	salaries		258,613	246,842
Social security			22,067	20,748
Other pension		costs	5,566	5,134
			286,246	272,724

	Fixtures,
	fittings and
	equipment
Cost
As at 1 April 2020	57,354
Additions	9,000
As at 31 March 2021	66,354
Depreciation
As at 1 April 2020	37,922
Charge for the year	3,385
As at 31 March 2021	41,307
Net book value
As at 31 March 2021	25,047
As at 31 March 2020	19,432

		2021	2020
		R
Trade debtors		19,729	9,239
Other debtors		59,811	40,091
Prepayments	and accrued income	13,072	5,017
		92,612	54,347

		2021	2020
		R
Trade creditors		17,077	11,414
Taxation and social security			89
Other creditors			1,034
Accruals and deferred	income	8,237	4,043
		25,314	16,580

		At 1 April	Incoming	Resources		At 31 March
		2020	resources	expended	Transfers	2021
					E	E
GeneralFunds
Unrestricted	income fund	229,517	559,917	(447,343)	2,000	344,091
Restricted	Funds
Core restricted		75,431	19,455	(3,782)	(2,000)	89,104
		304,948	579,372	(451,125)		433,195

		At 1 April 2019	Incoming resources	Resources expended	At 31 March 2020
General Funds
Unrestricted	income fund	222,848	490,947	(484,278)	229,517
Restricted	Funds
Core restricted			95,650	(20,219)	75,431
		222,848	586,597	(504,497)	304,948

		Unrestricted	Restricted	Total Funda	TotalFunds
		Funds	Funds	2021	2020
		f
Tangible assets		25,047		25,047	19,432
Current assets		344,358	89,104	433,462	302,096
Creditors: Amounts one year	falling due within	(25,314)		(25,314)	(16,580)
Net assets		344,091	89,104	433,195	304,948

		Unrestricted	Restricted	Total Funds	Total Funds
		Funds	Funds	2020	2010
		R		f
Tangible assets		19,432		19,432	19,950
Current assets		226,665	75,431	302,096	219,203
Creditors: Amounts one year	falling due within	(16,580)		(16,580)	(16,305)
Net assets		229,517	75,431	304,948	222,848