||||Pages| |---|---|---|---| |Trustees'
Annual
Report|||2to5| |Independent
Examiner's
Report|||| |Statement of Financial Activities|||| |Summary
Income and Expenditure||Account|| |Balance Sheet|||| |Notes to the Accounts|||10to 16| |Detailed Statement of Financial|Activities||17to 18| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Statement o
forthe year|fFinancial Activiti
ended 31March|es
2022||||| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted||| ||||funds|funds|Total funds|Total funds| ||||2022|2022|2022|2021| |||Notes|f|f|f|f| |Income and|endowments|||||| |from:||||||| |Donations|and legacies||18,920|72,175|91,095|105,640| |Charitable|activities||13,980||13,980|11,642| |Other|||204||204|513| |Total|||33,104|72,175|105,279|117,795| |Expenditure|on:|||||| |Other|||77,090|20,666|97,756|94,923| |Total|||77,090|20,666|97,756|94,923| |Net gains on|investments|||||| |Net income|||(43,986)|51,509|7,523|22,872| |Transfers between
funds||||||| |Net income|before other|||||| |gains/(losses)|||(43,986)|51,509|7,523|22,872| |Other gains|and losses|||||| |Net movement
in funds|||(43,986)|51,509|7,523|22,872| |Reconciliation offunds:||||||| |Total funds brought forward|||52,693|12,676|65,369|42,497| |Total funds carried forward|||8,707|64,185|72,892|65,369| |||2022|2021| |---|---|---|---| |||f|f| |Income||105,279|117,793| |Gross income forthe year||105,279|117,793| |Expenditure||97,534|94,921| |Depreciation|and charges for||| |impairinent|offixed assets|222|| |Total expenditure
for the year||97,756|94,921| |Net income|before tax for the year|7,523|22,872| |Net income|for the year|7,523|22,872| ## |The Misfits Theatre
Balance Sheet
at 31March 2022|C|ompany
UK|||| |---|---|---|---|---|---| ||||Notes|2022|2021| |||||f|f| |Fixed assets|||||| |Tangible assets|||10|887|| |||||887|| |Current assets|||||| |Cash at bank and||in hand||73,155|66,669| |||||73,155|66,669| |Creditors: Amount|falling due within one year||11|(1,150)|(1,300)| |Net current assets||||72,005|65,369| |Total assets less current liabilities||||72,892|65,369| |Net assets excluding||pension asset or liability||72,892|65,369| |Total net assets||||72,892|65,369| |The funds ofthe charity|||||| |Restricted funds|||12||| |Restricted income||funds||64,185|12,676| |||||64,185|12,676| |Unrestricted
funds|||12||| |General funds||||8,707|52,693| |||||8,707|52,693| |Reserves|||12||| |Total funds||||72,892|65,369| ## ## ## |Fund accounting|Fund accounting|Fund accounting|Fund accounting||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Unrestricted||funds||These are available for use at the discretion|ofthe trustees
in furtherance||||of|the|| |||||general objects ofthe charity.|||||||| |Designated||funds||These are unrestricted
funds earmarked
by|the trustees for particular||purposes.||||| |Revaluation||funds||These are unrestricted
funds which include|a revaluation|reserve representing|||||the| |||||restatement
ofinvestment
assets at their market values.|||||||| |Restricted|funds|||These are available for use subject to restrictions
imposed||by the donor||or|through||| |||||terms ofan appeal.|||||||| |Income|||||||||||| |Recognition||of||Income is included
in the Statement of Financial Activities||(SoFA) when|the||charity||| |income||||becomes entitled to, and virtually
certain to receive, the income and the||||amount of|||| |||||the income can be measured
with sufficient|reliability.||||||| |Income with||related||Where income has related expenditure
the|income and related expenditure|||||is|| |expenditure||||reported
gross in the SoFA.|||||||| |Donations|and|||Voluntary
income received
by way of grants,|donations
and gifts is included||||in||the| |legacies||||the SoFA when receivable and
only when the Charity has||unconditional|||||| |||||entitlement
to the income.|||||||| |Tax reclaims||on||Income from tax reclaims
is included
in the SoFAat the same time as the|||||||| |donations|and||gifts|gift/donation
to which
it relates.|||||||| |Donated services||||These are only included
in income (with an equivalent
amount
in expenditure)|||||||| |and facilities||||where the benefit to the Charity
is reasonably
quantifiable,||measurable||and|||| |||||material.|||||||| |Volunteer|help|||The value ofany volunteer
help received is|not included
in the accounts.||||||| |Investment||income||This is included
in the accounts when receivable.|||||||| |Gains/(losses)|||on|This includes
any gain or loss resulting
from|revaluing
investments
to market|||||value|| |revaluation||of|fixed|atthe end ofthe year.|||||||| |assets|||||||||||| |Gains/(losses)|||on|This includes any gain or loss on the sale of|investments.||||||| |investment||assets|||||||||| ## |Expenditure|Expenditure||||||| |---|---|---|---|---|---|---|---| |Recognition||of|Expenditure
is recognised
on an accruals basis. Expenditure
includes||||any VAT which| |expenditure|||cannot be fully recovered,
and is reported
as part ofthe expenditure||||to which
it| ||||relates.||||| |Expenditure||on|These comprise the costs associated
with attracting|voluntary|income, fundraising||| |raising funds|||trading costs and investment
management
costs.||||| |Expenditure||on|These comprise the costs incurred
by the Charity
in the delivery of its activities and||||| |charitable|activities||services
in the furtherance
of its objects, including|the making|of|grants and|| ||||governance
costs.||||| |Grants payable|||All grant expenditure
is accounted for on an actual|paid basis|plus|an|accrual for| ||||grants that have been approved
by the trustees at|the end of|the|year but not yet|| ||||pald.||||| |Governance||costs|These include those costs associated
with meeting|the constitutional|||and statutory| ||||requirements
of the Charity,
including
any audit/independent||examination
fees,||| ||||costs linked to the strategic management
ofthe Charity, together|||with a share of|| ||||other administration
costs.||||| |Other expenditure|||These are support costs not allocated to a particular|activity.|||| ## ## ## ## ## ## ## |2
Statement ofFinancial|Activities - prior y|ear|||| |---|---|---|---|---|---| ||||Unrestricted|Restricted|| ||||funds|funds|Total funds| ||||2021|2021|2021| |Income and endowments|from:||||| |Donations
and legacies|||8,196|97,443|105,639| |Charitable
activities|||12,155||12,155| |Total|||20,351|97,443|117,794| |Expenditure
on:|||||| |Raising funds||||12,088|12,088| |Charitable
activities|||10,155|72,679|82,834| |Total|||10,155|84,767|94,922| |Net income|||10,196|12,676|22,872| |Transfers between
funds|||15,136|(15,136)|| |Net income before other
gains/(losses)|||25,332|(2,460)|22,872| |Other gains and losses:|||||| |Net movement
in funds|||25,332|(2,460)|22,872| |Reconciliation offunds:|||||| |Total funds brought forward|||27,361|15,136|42,497| |Total funds carried forward|||52,693|12,676|65,369| |3
Income from donations|and legacies||||| |||Unrestricted|Restricted|Total|Total| |||||2022|2021| |Donations||4,097||4,097|8,197| |Grants||14,823|72,175|86,998|97,443| |||18,920|72,175|91,095|105,640| ## ## |4|Income from charitable||activities||||| |---|---|---|---|---|---|---|---| ||||||Unrestricted|Total|Total| |||||||2022|2021| ||Workshops,
fees and
contracts||||13,980|13,980|5,000| ||Events and box office||||||6,642| ||||||13,980|13,980|11,642| |5|Other income||||||| ||||||Unrestricted|Total|Total| |||||||2022|2021| ||||||f||| ||Miscellaneous
income||||204|204|513| ||||||204|204|513| |6|Other expenditure||||||| |||||Unrestricted|Restricted|Total|Total| |||||||2022|2021| ||Freelance and project|fees||3,694|13,224|16,918|20,203| ||Theatre production
costs||||||5,130| ||Fundraising|||3,733||3,733|12,088| ||Production,
workshop
and venue hire|costs||13,962||13,962|12,379| ||Employee costs|||40,264|6,063|46,327|33,101| ||Motor and travel costs|||1,412||1,412|338| ||Premises costs|||6,384|1,100|7,484|5,716| ||Amortisation,
depreciation,||||||| ||impairment,
profit/loss||on|222||222|| ||disposal offixed assets||||||| ||General administrative||costs|6,518|280|6,798|5,089| ||Legal and professional|costs||900||900|879| |||||77,090|20,666|97,756|94,923| |7|Net income before transfers||||||| ||||||2022||2021| ||This is stated after charging:||||f||f| ||Depreciation
ofowned||fixed assets||222||| ||Independent
Examiner's||fee||900||650| ## ## |Trustee|2022|2021| |---|---|---| |K.Castro Rascon|983|| |S.P.Spencer|3,750|7,000| |Staff co|sts||| |---|---|---|---| |||2022|2021| |Salaries|and wages|38,782|29,696| |Pension|costs|433|421| |||39,215|30,117| |No employee
receive|d emoluments
in excess off60|,000.||| |---|---|---|---|---| |The average monthly|number of full time equivalent|employees|during the year was as follows:|| ||||2022|2021| ||||Number|Number| |Administration||||2| ## |Tangible fixe|d assets||| |---|---|---|---| |||Fixtures,|| |||fittings and|Total| |||equipment|| |||f|| |Cost or revaluation|||| |Additions||1,109|1,109| |At 31March|2022|1,109|1,109| |Depreciation|and||| |impairment|||| |Depreciation|charge for the|222|222| |year|||| |At 31March|2022|222|222| |Net book values|||| |At 31March|2022|887|887| ## |11|Creditors:|Creditors:||||| |---|---|---|---|---|---|---| ||amounts
falling due within one year|||||| |||||2022||2021| |||||f||| ||Trade creditors|||||1,300| ||Other taxes|and social security||250||| ||Accruals|||900||| |||||1,150||1,300| |12|Movement|in funds||||| |||||Incoming||| |||||resources||At 31| |||||(including|Resources|March| ||||At 1April|other
gains/losses|expended|2022| ||||2021|)||| |||||f||| ||Restricted funds:|||||| ||Restricted income funds:|||||| ||Bristol City|Council|4,125|15,980|(4,125)|15,980| ||Merchant Venturers||3,518||(3,266)|252| ||Peter Harrison||2,876||(4,314)|(1,438)| ||Rix-Thompson-Rothenburg||2,157|||2,157| ||Arts Council|England||36,195|(7,440)|28,755| ||Big Lottery|||20,000|(1,521)|18,479| ||Total||12,676|72,175|(20,666)|64,185| ||Unrestricted|funds:||||| ||General funds||52,693|33,104|(77,090)|8,707| ||Total funds||65,369|105,279|(97,756)|72,892| ## ## ## |13|Analysis ofnet|assets between
funds|||| |---|---|---|---|---|---| |||||Unrestricted|| ||||||Total| |||||funds|| |||||f|| ||Fixed assets|||887|887| ||Net current assets|||72,005|72,005| |||||72,892|72,892| |14|Reconciliation|ofnet debt|||| ||||||At 31| ||||At 1April||March| ||||2021|Cash flows|2022| ||||f|f|f| ||Cash and cash|equivalents|66,669|6,486|73,155| ||||66,669|6,486|73,155| ||Net debt||66,669|6,486|73,155| |15|Commitments||||| ||Pension commitments||||| ||||2022||2021| ||||f||f| ||The pension cost charge to the charity||||| ||amounted to:||433||421| ## ## ## ||||Unrestricte|Restricted||| |---|---|---|---|---|---|---| ||||d funds|funds|Total funds|Total funds| ||||2022|2022|2022|2021| ||||f|f|f|f| |Income and endowments||from:||||| |Donations
and legacies||||||| |Donations|||4,097||4,097|8,197| |Grants|||14,823|72,175|86,998|97,443| ||||18,920|72,175|91,095|105,640| |Charitable
activities||||||| |Workshops,
fees and|contracts||13,980||13,980|5,000| |Events and box office||||||6,642| ||||13,980||13,980|11,642| |Other||||||| |Miscellaneous
income|||204||204|513| ||||204||204|513| |Total income and endowments|||33,104|72,175|105,279|117,795| |Expenditure
on:||||||| |Other expenditure||||||| |Freelance and project||fees|3,694|13,224|16,918|20,203| |Theatre production|costs|||||5,130| |Fundraising|||3,733||3,733|12,088| |Production,
workshop
venue
hire||costs and|13,962||13,962|12,379| ||||21,389|13,224|34,613|49,800| |Employee costs||||||| |Salaries/wages|||33,416|5,366|38,782|29,696| |Pension costs|||433||433|421| |Staff training|||26||26|| |Temporary
staff|||6,389|697|7,086|2,984| ||||40,264|6,063|46,327|33,101| |Motor and travel costs||||||| |Travel and subsistence|||1,412||1,412|338| ||||1,412||1,412|338| |Premises costs||||||| |Rent|||6,384|1,100|7,484|5,716| ||||6,384|1,100|7,484|5,716| |General administrative||costs,||||| |including
depreciation|and|||||| |amortisation||||||| |Depreciation
of Fixtures, fittings|||222||222|| |and equipment||||||| |Equipment
expensed|||795||795|1,084| |General insurances|||619||619|1,212| |The Misflts Theatre Company|UK||||| |---|---|---|---|---|---| |Detailed Statement ofFinancial Activities|||||| |Information
and publications||1,680|280|1,960|| |Software,
ITsupport
and related||329||329|734| |costs|||||| |Stationery
and printing||2,125||2,125|1,626| |Subscriptions||85||85|| |Sundry expenses||229||229|3| |Telephone,
fax and broadband||656||656|430| |||6,740|280|7,020|5,089| |Legal and professional
costs|||||| |Audit/Independent
examination||900||900|650| |fees|||||| |Other legal and professional|||||229| |costs|||||| |||900||900|879| |Total ofexpenditure
ofother|costs|77,090|20,666|97,756|94,923| |Total expenditure||77,090|20,666|97,756|94,923| |Net gains on investments|||||| |Net income||(43,986)|51,509|7,523|22,872| |Net income before other
gains/(losses)||(43,986)|51,509|7,523|22,872| |Other Gains|||||| |Net movement
in funds||(43,986)|51,509|7,523|22,872| |Reconciliation offunds:|||||| |Total funds brought forward||52,693|12,676|65,369|42,497| |Total funds carried forward||8,707|64,185|72,892|65,369|