| TRUSTEES' REPORT | ||
|---|---|---|
| INDEPENDENT EXAMINER'S REPORT |
||
| STATEMENT OF FINANCIAL | ACTIVITIES | |
| STATEMENT OF FINANCIAL | POSITION | |
| NOTES AND ACCOUNTING | POLICIES | 8 —18 |
| (including income |
and expendi | ture acc |
ount) | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Note | Funds | Funds f |
2023 f |
2022f | |||
| INCOME | |||||||
| Donations and legacies |
22,315 | 43,521 | 65,836 | 55,367 | |||
| Charitable activities |
171,392 | 171,392 | 106,299 | ||||
| Other income | |||||||
| investments | 144 | 144 | 21 | ||||
| TOTAL INCOME | 193,851 | 43,521 | 237,372 | 161,687 | |||
| EXPENDITURE | |||||||
| Charitable activities |
201,214 | 23,368 | 224,582 | 184,737 | |||
| TOTAL EXPENDITURE | 201,214 | 23,368 | 224,582 | 184,737 | |||
| NET INCOME/(EXPENDITURE) | FOR | ||||||
| THE YEAR/ | (7,363) | 20,153 | 12,790 | (23,050) | |||
| NET MOVEMENT | IN FUNDS | ||||||
| TOTAL FUNDS BROUGHT FORWARD | 166,588 | 49,597 | 216,185 | 239,235 | |||
| TRANSFERS | |||||||
| TOTAL FUNDS CARRIED FORWARD | |||||||
| 159,225 | 69,750 | 228,975 | 216,185 |
| on is rec es on the |
ognised soas to write offthe c foilowing bases: |
ost or valuation ofassets less thei |
|---|---|---|
| Property | improvements | 10%on cost |
| Computer | equipment | 331/3% on cost |
| Decking | 10%on cost | |
| Toilets | 10%on cost | |
| Furniture | and equipment | 25%on cost |
| Kitchen | 10%on cost |
| 2. | ANALYSIS OF INCOME | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | fundsf | 2023 | 2022f | ||||
| Donations and legacies |
|||||||
| Donations and gifts |
22 315 | 43521 | 65836 | 55367 | |||
| 22315 | ~4521 | 65 836 | 55367 | ||||
| Donations and gifts |
|||||||
| Bransford Trust Postcode Lottery Goodthings Foundation Hawthorne Charitable Trust Gift Aid Spectris Foundation National Lottery Community Fund Spacehive Theatres Trust The Elmley Foundation WCC Councillor's Discretionary Fund Other |
15,000 2,000 1,500 3815 |
9,627 22,645 5,000 5,600 649 |
15,000 2,000 9,627 22,645 5,000 5,600 1,500 4464 |
5,000 20,000 1,960 6,250 1,000 2 118' |
|||
| 22315 | 43521 | 65 836 | 36328 | ||||
| Government covid grants |
|||||||
| Omicron Hospitality Grant Job Retention Scheme Business Interruption Grant |
4,000 3,039 12000 |
||||||
| 19039 | |||||||
| Charitable activities |
|||||||
| Sales within charitable activities |
171392 | 171392 | 106299 | ||||
| 171392 | 171392 | 106299 | |||||
| Investments | |||||||
| Interest receivable | 144 | 144 | 21 | ||||
| 144 | 144 | 21 | |||||
| Other income | |||||||
| Other income |
| 3. ANAI Y |
SISOF EXP | ENDITU | RE ON CHARI | TABLE ACTIVITI | ES | ||
|---|---|---|---|---|---|---|---|
| Cube | |||||||
| Operating | Total | Total | |||||
| expenses | Cafe | 2023 | 2022 | ||||
| f. | |||||||
| Management | staff costs | 29,583 | 29,583 | 29,870 | |||
| Depreciation | and impairment | 31,142 | 31,142 | 26,624 | |||
| Gas, electricity and water | 3,787 | 3,787 | 2.111 | ||||
| Premises, repairs and maintenance |
19,918 | 19,918 | 22,050 | ||||
| Telephone, | broadband, | postage | and | ||||
| Stationery | 3,640 | 3,640 | 3,202 | ||||
| Insurance | 1,844 | 1,844 | 5,591 | ||||
| Advertising, | public relations and | web | 2,524 | 2,524 | 3,909 | ||
| Licences and subscdptions | 3,514 | 3,514 | 3,394 | ||||
| Other | 7,696 | 7,696 | 7,124 | ||||
| Project expenses | 11,338 | 11,338 | 9,607 | ||||
| Interest | |||||||
| Events and | film | ||||||
| Equipment | 1,388 | 1,388 | 2,315 | ||||
| Cafe staff | 35,460 | 35,460 | 29,500 | ||||
| Contracted | services | 41,671 | 41,671 | 24,201 | |||
| Food and beverage | 21,663 | 21,663 | 13,381 | ||||
| 156,657 | 58,511 | 215,168 | 182,879 | ||||
| Governance | costs (see | note 4) | 9,414 | 9,414 | 1,858 | ||
| TOTAL EXPENDITURE | 166,071 | 58,511 | 224,582 | 184,737 | |||
| 4. ANALYSIS OF GOVERNANCE COSTS |
|||||||
| 2023 | 2022 | ||||||
| Legal and other professional | fees | 9414 | 1 858 |
~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~~ ~ ~ ~ ~ R~I~ ~ ES TO THE FINANCIAL STATEMENTS |
~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~~ ~ ~ ~ ~ R~I~ ~ ES TO THE FINANCIAL STATEMENTS |
~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~I~ ~ ~ 1I~ ~ ~ ~ ~ ~ | ~ ~ ~ ~ ~ ~ ~ ~ ~I |
|---|---|---|---|
| 5. TOTAL STAFF COSTS |
|||
| 2023 | 2022 | ||
| Total wages and | salaries | 84,018 | 65,654 |
| Social security costs | 468 | ||
| Other pension costs | 895 | 784 | |
| 84,913 | 66,906 | ||
| Average number | employed | Number | Number |
| Centre Manager | |||
| Other Staff |
| 6. | NET INCOME FOR THE YEAR | NET INCOME FOR THE YEAR | NET INCOME FOR THE YEAR | NET INCOME FOR THE YEAR | ||
|---|---|---|---|---|---|---|
| Net | income is stated | after charging: | ||||
| 2023 | 2022 | |||||
| Depreciation | 31,142 | 26,624 | ||||
| 7. | FINANCIAL INSTRUMENTS | |||||
| 2023 | 2022 | |||||
| F | ||||||
| Carrying amount |
offinancial | assets | ||||
| Debt instruments | measured | at | amortised cost | 921 | 1 150 | |
| Carrying amount |
offinancial | liabilities | ||||
| Measured at amortised cost | 3214 | 5949 |
| Furniture | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Property | Computer | and | |||||||
| Improvements | Equipment | Deckingf | Toilets | equipment | Kitchenf | Total | |||
| Cost | |||||||||
| At 1 April | 2022 | 195,317 | 5,593 | 2,050 | 10,821 | 31,340 | 8,783 | 253,904 | |
| Additions | 32,615 | 12,646 | 45,261 | ||||||
| Disposals | |||||||||
| At 31 |
March | ||||||||
| 2023 | 227 932 | 5593 | 2 050 | 10821 | 43986 | 8783 | 299 165 | ||
| Depreciation | |||||||||
| At 1 April | 2022 | 96,417 | 5,427 | 2,050 | 8,764 | 22,619 | 8,782 | 144,Q59 | |
| Disposals | |||||||||
| Charge | for | the | |||||||
| year | 22?94 | 166 | — | 1 082 | 7 100 | 31 142 | |||
| At 31 |
March | ||||||||
| 2023 | 119211 | 5593 | 2050 | 9846 | 29719 | 8782 | 175201 | ||
| Net book | value | ||||||||
| At 31 |
March | ||||||||
| 2023 | |||||||||
| At 31 |
March | ||||||||
| 2022 | 98900 | 166 | — | 2057 | 8721 | 1 | 109845 |
| 9. STOCK | ||
|---|---|---|
| 2023 | 2022 | |
| Barstock | 2 102 | 841 |
| 2 102 | 841 | |
| 10.DEBTORS |
| CREDIT | ORS: AMOUN | TS FALLING DUE WITHIN ONE YE |
AR | |
|---|---|---|---|---|
| 2023 | 2022 | |||
| Payments | received on | account | ||
| Trade creditors | 2,859 | |||
| Other creditors | 786 | |||
| Accruals | and deferred | income | 2,448 | 2,304 |
| 3,214 | 5,949 |
| Unrestricted | Unrestricted | Restricted | ||||||
|---|---|---|---|---|---|---|---|---|
| Funds | Fund | Total | ||||||
| Fund balances at 31 March 2023are | ||||||||
| represented by: |
||||||||
| Tangible | fixed assets | 54,214 | 69,750 | 123,964 | ||||
| Current | assets | 108,225 | 108,225 | |||||
| Current | liabilities | (3,214) | (3,214) | |||||
| 159,225 | 69,750 | 228,975 | ||||||
| RESTRICTED FUNDS | ||||||||
| At | At | |||||||
| 1 April | Incoming | Outgoing | Transfers | 31March | ||||
| 2022 | Resources | Resourcesf | 2023 | |||||
| Lighting | project fund | 132 | 115 | 17 | ||||
| Boiler project fund | 527 | 527 | ||||||
| Windows | and building | fund | 3,466 | 1,212 | 2,254 | |||
| Theatre | improvements | 2,590 | 5,600 | 1,904 | 6,286 | |||
| Flooring | project | 479 | 479 | |||||
| Garden Grounds |
project improvements |
fund | 1,464 14,677 |
32 2,558 |
1,432 12,119 |
|||
| Stranger | Futures fund | 11,288 | 10,538 | 750 | ||||
| Boiler replacement | fund | 1,800 | 300 | 1,500 | ||||
| Front door fund | 2,697 | 449 | 2,248 | |||||
| Fire damage fund |
1,032 | 172 | 860 | |||||
| Fire cleaning fund |
2,075 | 334 | 1,741 | |||||
| Disabled | toilet fund | 3,590 | 1,383 | 2,207 | ||||
| Green room fund | 624 | 104 | 520 | |||||
| Census | return support |
fund | 3,156 | 3,156 | ||||
| Platform | lift fund | 37,921 | 3,261 | 34,660 | ||||
| Total | 49,597 | 43,521 | 23,368 | 69,750 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | |||
| P | ||||||
| INCOME | ||||||
| Donations and legacies Charitable activities |
35,367 106,299 |
20,000 | 55,367 106,299 |
101,116 26,109 |
||
| Other income | 100 | |||||
| Investments | 21 | 21 | 57 | |||
| TOTAL INCOME | 141,687 | 20,000 | 161,687 | 127,382 | ||
| EXPENDITURE | ||||||
| Charitable activities |
165,888 | 18,849 | 184,737 | 97,411 | ||
| TOTAL EXPENDITURE | 165,888 | 18,849 | 184,737 | 97,411 | ||
| NET INCOMEI(EXPENDITURE) THE YEAR/ |
FOR | (2$,201) | 1,151 | (23,050) | 29,971 | |
| NET MOVEMENT | IN FUNDS | |||||
| TOTAL FUNDS BROUGHT FORWARD | 190,789 | 48,446 | 239,235 | 209,264 | ||
| TRANSFERS | ||||||
| TOTAL FUNDS CARRIED FORWARD | ||||||
| 166,588 | 49,597 | 216,185 | 239,235 |
| At | At | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 April | Incoming | Outgoing | Transfers | 31 March | |||||
| 2021 | Resources | Resources | 2022 | ||||||
| F | |||||||||
| Lighting | project fund | 247 | 115 | 132 | |||||
| Boiler project fund | 2,972 | 2,445 | 527 | ||||||
| Windows | and building | fund | 4,678 | 1,212 | 3,466 | ||||
| Theatre | improvements | 2,803 | 213 | 2,590 | |||||
| Flooring | project | 1,232 | 753 | 479 | |||||
| Garden | project | 1,496 | 32 | 1,464 | |||||
| Grounds | improvements | fund | 17,235 | 2,558 | 14,677 | ||||
| Stranger | Futures fund | 20,000 | 8,712 | 11,288 | |||||
| Boiler replacement | fund | 2,100 | 300 | 1,800 | |||||
| Front door fund | 3,147 | 450 | 2,69? | ||||||
| Fire damage fund |
1,204 | 172 | 1,032 | ||||||
| Fire cleaning fund |
2,409 | 334 | 2,075 | ||||||
| Disabled | toilet fund | 5,039 | 1,449 | 3,590 | ' | ||||
| Green room fund | 728 | 104 | 624 | ||||||
| Census | return support | fund | 3,156 | 3,156 | |||||
| Total | 48,446 | 20,000 | 18,849 | 49,597 |