OpenCharities

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2021-03-31-accounts

Page
Trustees'annualreport(incorporatingthedirector'sreport) 1
Independentexaminer'sreporttothetrustees 7
Statementoffinancialactivities(includingincomeand
expenditureaccount) 8
Statementoffinancialposition 9
Notestothefinancialstatements 11

SeatonGatewayTheatreCompanyLtd SeatonGatewayTheatreCompanyLtd
CompanylimitedbyGuairantee
Trustees'AnnuailReport(IncorporatingtheDirector'sReport)(conllnU«IJ
Ye.arended31March2021
Refwenc:eandadministrativedetails
Registered charityname SeatonGatewayTheatreCompanyLtd
Charityregistrationnumber 1167779
Companyregistrationnumber 10021217
Principal officeandregistered
office
TheGateway
SeatonTownHall
ForeStreet
Seaton
EX122LD
UnitedKingdom
Thetrustees
Annette ABentley
AlanANicholas
(Resigned22August 2020)
PaulP Hotchkiss
RachelRWeber
Carol CManley
BUsher
ADavies
KNewland
SKinsella
E Mackie
AWilson
KateJINebb
(Appointed22August 2020)
(Appointed1November 2020)
(Appointed22August 2020)
(Appointed22August 2020)
Independent examiner Stuart CarringtonFCAForandonbehalf of Thomas INestcott
Timber1y
SouthStreet
Axminster
Devon
England
EX135AD

Yearended31March2021
2021 2020
Unrestricted
fundsTotalfunds Totalfunds
Note £ £ £
Incomeandendowments
Donationsandlegacies
Charitable activities
Othertradingactivities
5
6
7
59,766
(1,201)
291
59,766
(1,201)
291
25,407
93,484
72,967
Totalincome 58,856 58,856 191,858
Expenditure
Expenditureonraisingfunds:
Costs of other trading activities
Expenditureoncharitable activities
8
9,10
30,234
54,142
30,234
54,142
60,920
109,789
Total expenditure 84,376 84,376 170,709
Net (expenditure)/incomeandnetmovementinfunds (25,520) (25,520) 21,149
Reconciliation offunds
Total funds broughtforward 58,306 58,306 37,157
Total funds carriedforward 32,786 32,786 58,306

31March2021
2021 2020
Note £ £
Fixedassets
Tangiblefixedassets
16 17,228 21,155
Cunentassets
Stocks
Debtors
17
18
1,400
4,733
1,400
3,242
Cashatbankandinhand 66,414 45,976
--
72,547 50,618
Creditors: amounts falling due within one year 19 4,155 6,872
Net current assets 68,392 43,746
Total assets less current liabilities 85,620 64,901
Creditors: amounts falling due after more than one year 20 52,834 6,595
Net assets 32,786 58,306
Funds of the charity
Unrestrictedfunds 32,786 58,306
Total charity funds 23 32,786 58,306

Donationsandlegacies
UnrestrictedTotalFunds
Funds
2021
Unrestricted
Funds
TotalFunds
2020
£ £ £ £
Donations
Donations
Patronage
GiftAidReceived
10,079
2,119
4,977
10,079
2,119
4,977
14,821
2,718
5,475
14,821
2,718
5,475
Grants
Grantsreceivable
42,591 42,591 2,393 2,393
59,766 59,766 25,407 25,407

UnrestrictedTotalFunds UnrestrictedTotalFunds Unrestricted TotalFunds
Funds 2021 Funds 2020
£ £ £ £
Ticketsales (1,201) (1,201) 93,484 93,484

Othertradingactivities
UnrestrictedTotalFunds Unrestricted TotalFunds
Funds 2021 Funds 2020
£ £ £ £
Fundraisingevents
Barandkitchensales
258
33
258
33
7,809
45,279
7,809
45,279
Roomhire 19,879 19,879
-- --
291 291 72,967 72,967

8. Costsofother trading activities
UnrestrictedTotal Funds Unrestricted TotalFunds
Funds 2021 Funds 2020
£ £ £ £
Costs of othertradingactivities 30,234 30,234 60,920 60,920
9. Expenditure on charitable activitiesbyfund type
UnrestrictedTotal Funds Unrestricted TotalFunds
Funds 2021 Funds 2020
£ £ £ £
Educating the publicintheartsof
theatre, performanceanddrama
Support costs
47,426
6,716
47,426
6,716
97,332
12,457
97,332
12,457
--
54,142 54,142 109,789 109,789
10. Expenditure on charitable activitiesbyactivity type
Activities
undertaken Total funds Totalfund
directlySupportcosts 2021 2020
£ £ £ £
Educatingthepublicintheartsof
theatre, performanceanddrama 47,426 6,716 54,142 109,789
11. Analysisofsupport costs
Charitable
activityRaisingfunds Total 2021 Total2020
£ £ £ £
CommunicationsandIT 1,983 1,495 3,478 3,841
General office 2,342 1,767 4,110 13,077
Governance costs 2,391 1,804 4,195 4,937
6,716 5,066 11,783 21,855
12. Net (expenditure)/income
Net(expenditure)/incomeisstatedafter charging/(crediting):
2021 2020
£ £
Depreciation of tangiblefixedassets 4,307 5,288

Independent examinationfees
2021 2020
£ £
Feespayabletotheindependent examinerfor:
Independentexaminationofthefinancial statements
Otherfinancialservices
475
3,697
462
3,651
4,172 4,113

Staffcosts Staffcosts
Thetotalstaffcostsandemployeebenefitsforthereportingperiodareanalysedas
2021
follows:
2020
£ £
Wagesandsalaries
Employer contributionstopensionplans
38,348
1,033
38,777
1,530
39,381 40,307
Theaverageheadcount ofemployeesduringtheyearwas3(2020:4)
full-time equivalent employeesduringtheyearisanalysedasfollows:
.Theav erage number of
2021 2020
No. No.
Number of administrative staff 3 4

Tangiblefixedassets
Plant and Fixtures and
machinery fittings Total
£ £ £
Cost
At 1 April 2020 17,233 20,639 37,872
Additions 380 380
At31March 2021 17,233 21,019 38,252
Depreciation
At 1 April 2020 6,623 10,094 16,717
Charge for the year 2,122 2,185 4,307
At31March 2021 8,745 12,279 21,024
Carrying amount
At31March 2021 8,488 8,740 17,228
--
At31March 2020 10,610 10,545 21,155
Stocks
2021 2020
£ £
Raw materials and consumables 1,400 1,400
Debtors
2021 2020
£ £
Other debtors 4,733 3,242
Creditors: amounts falling due within one year
2021 2020
£ £
Trade creditors 107 105
Accruals and deferred income 3,996 5,040
Social security and other taxes 35 1,599
Other creditors 17 128
4,155 6,872

20. Creditors: amounts falling due after more than on e year
2021 2020
£ £
Bank loans and overdrafts
Accruals and deferred income
47,500
5,334
6,595
52,834 6,595
21. Deferred income
2021 2020
£ £
At 1 April 2020
Amount released to income
8,171
(1,576)
10,141
(1,970)
At31March 2021 6,595 8,171

Unrestricted funds
At
At 31March 202
1 April 2020 Income Expenditure 1
£ £ £ £
General funds 58,306 58,856 (84,376)
32,786
At
At 31March 202
1 April 2019 Income Expenditure 0
£ £ £ £
General funds 37,157 191,858 (170,709)
58,306

Analysis of net assets between funds
Unrestricted Total Funds
Funds 2021
£ £
Tangible fixed assets 17,228 17,228
Current assets 72,547 72,547
Creditors less than 1 year (4,155) (4,155)
Creditors greater than 1 year (52,834)
(52,834)
Net assets 32,786 32,786
Unrestricted Total Funds
Funds 2020
£ £
Tangible fixed assets 21,155 21,155
Current assets 50,618 50,618
Creditors less than 1 year (6,872) (6,872)
Creditors greater than 1 year (6,595) (6,595)
Net assets 58,306 58,306

Operating lease commitments Operating lease commitments
The total future minimum lease payments under non-cancellable operating leases are as follows:
2021 2020
£ £
Later than 1 year and not later than 5 years 23,947 35,351