2022-03-31-accounts

						Page
Trustees' annual report (incorporating			the	director's	report)
Independent examiner's report to the			trustees
Statement of financial	activities	(including		income and
expenditure account)
Statement of financial	position
Notes to the financial	statements

Seaton		Gateway	Gateway	Gateway	Theatre Company	Theatre Company	Ltd
Company		Limited			by Guarantee
Trustees'		Annual			Report	(Incorporating	the Director's	Report)	rconrrnu~r
Year ended			31 March 2022
Reference	and administrative					details
Registered		charity		name		Seaton Gateway	Theatre Company	Ltd
Charity registration				number		1167779
Company	registration				number	10021217
Principal office and				registered		The Gateway
office						Seaton Town Hall
						Fore Street
						Seaton
						EX122LD
						United Kingdom
The trustees
						Annette A Bentley
						Paul P Hotchkiss
						Rachel R Weber
						Carol C Manley	(Resigned		1 October 2021)
						BUsher
						A Davies	(Resigned		1 February 2022)
						K Newland
						S Kinsella	(Resigned		8 December 2021)
						E Mackie
						A Wilson
						KateJWebb	(Resigned		8 December 2021)
						Neil Dyke
Independent		examiner				Stuart Carrington	FCA
						Westcotts
						Timberly
						South Street
						Axminster
						Devon
						England
						EX13SAD

			2022	2022	2021
			Unrestricted
			funds	Total funds	Total funds
		Note	6	8	2
Income and endowments
Donations and legacies		5	83,626	83,626	59,766
Charitable activities		6	37,987	37,987	(1,201)
Other trading activities		7	23,334	23,334	291
Other income		8	471	471
Total income			145,418	145,418	58,856
Expenditure
Expenditure on raising funds:
Costs of other trading	activities	9	39,519	39,519	30,234
Expenditure on chaditable	activities	10,11	86,698	86,698	54,142
Total expenditure			126,217	126,217	84,376
Net income/(expenditure)	and net movement	in funds	19,201	19,201	(25,520)
Reconciliation offunds
Total funds brought forward			32,786	32,786	58,306
Total funds carried forward			51,987	51,987	32,786

31 March 2022
				2022,	2021
			Note	2
Fixed assets
Tangible fixed assets			17	56,971	17,228
Current assets
Stocks			18	1,400	1,400
Debtors			19	12,890	4,733
Cash at bank and	in	hand		42,320	66,414
				56,610	72,547
Creditors: amounts		falling due within one year	20	10,899	4,155
Net current assets				45,711	68,392
Total assets less	current liabilities			102,682	85,620
Creditors': amounts		falling due after more than one year	21	50,695	52,834
Net assets				51,987	32,786
Funds ofthe charity
Unrestricted funds				51,987	32,786
Total charity funds			24	51,987	32,786

Donations and legacies
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2022	Funds	2021
	2	2	2
Donations
Donations	1,533	1,533	10,079	10,079
Patronage	1,794	1,794	2,119	2,119
Gift Aid Received			4,977	4,977

5.	OOnatiOnS	and legaC	ieS (continuer()
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
				2	2	6	2
	Grants
	Grants receivable			80,299	80,299	42,591	42,591
				83,626	83,626	59,766	59,766
6.	Charitable	activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
					2
	Ticket sales			37,987	37,987	(1,201)	(1,201)
7.	Other trading activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
					2	2
	Fundraising	events		152	152	258	258
	Bar and kitchen sales			16,690	16,690	33	33
	Room hire			6,492	6,492
				23,334	23,334	291	291
8.	Other income
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
				2	2
	Other income			471	471
9.	Costs ofother trading activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
				2	2
	Costs of other trading		activities	39,519	39,519	30,234	30,234

Expenditure on cha	ritable activities	by fund type
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
			2
Educating the public	in the arts of
theatre, performance	and drama	78,940	78,940	47,426	47,426
Support costs		7,758	7,758	6,716	6,716
		86,698	86,698	54,142	54,142

Expend	iture on cha	ritable activities	by activity type
			Activities
			undertaken		Total funds	Total fund
			directly Support costs		2022	2021
			2		2
Educating the public		in the arts of
theatre,	performance	and drama	78,940	7,758	86,698	54,142

					Charitable
					activity	Raising	funds	Total 2022	Total2021
								2	2
Communications			and	IT	1,757		1,077	2,834	3,478
General	office				3,619		2,217	5,836	4,110
Governance		costs			2,382		1,458	3,840	4,195
					7,758		4,752	12,510	11,783

	Net income/(e	x	penditure)	is state	d after charging/(crediting):
						2022	2021
						2	2
	Depreciation	of tangible fixed assets				8,395	4,307
14.	Independent		examination	fees
						2022	2021
						2
	Fees payable		to the independent		examiner for:
	Independent	examination		ofthe	financial statements	510	475
	Other financial		services			3,114	3,697
						3,624	4,172

Staff co	sts
The total	staff costs	and	employee		benefits for		the reporting	period are analysed as follows:
								2022	2021
Wages and salaries								40,619	38,348
Employer	contributions		to pension		plans			1,315	1,033
								41,934	39,381
The average head		count of employees				during	the year was 4 (2021:3).The average		number of
full-time equivalent		employees		during the year			is analysed as follows:
								2022	2021
								No.	No.
Number	of administrative		staff					4	3

No trustee expenses have be Tangible fixed assets	en incurred.
	Leasehold
	Improvement	Plant and	Fixtures and
	s	machinery	fittings	Total
			2
Cost
At 1 April 2021		17,233	21,019	38,252
Additions	46,778		1,360	48,138
At 31 March 2022	46,778	17,233	22,379	86,390
Depreciation
At 1 April 2021		8,745	12,279	21,024
Charge for the year	4,678	1,697	2,020	8,395
At 31 March 2022	4,678	10,442	14,299	29,419
Carrying amount
At 31 March 2022	42,100	6,791	8,080	56,971
At 31 March 2021		8,488	8,740	17,228

18.	Stocks
				2022	2021
				2
	Raw materials	and consumables		1,400	1,400
19.	Debtors
				2022	2021
	Trade debtors			989
	Other debtors			11,901	4,733
				12,890	4,733
20.	Creditors: amounts		falling due within one year
				2022	2021
	Trade creditors			7,003	107
	Accruals and deferred		income	3,688	3,996
	Social security	and other taxes			35
	Other creditors			208	17
				10,899	4,155
21.	Creditors: amounts		falling due after more than one year
				2022	2021
	Bank loans and	overdrafts		46,370	47,500
	Accruals and deferred		income	4,325	5,334
				50,695	52,834
22.	Deferred income
				2022	2021
				2	2
	At 1 April 2021			8,171	8,171
	Amount released to income			(2,837)	(1,576)
	At 31 March 2022			5,334	6,595

							At
		At				31	March 202
		1 April 2021	Income	Expenditure	Transfers		2
		2					2
General funds		32,786	145,418	(126,217)	(12,000)		39,987
Designated	Fund-
Boiler					12,000		12,000
		32,786	145,418	(126,217)			51,987
							At
		At				31	March 202
		1 April 2020	Income	Expenditure	Transfers		1
.General funds		58,306	58,856	(84,376)			32,786
Designated	Fund
Boiler
		58,306	58,856	(84,376)			32,786

Analysis ofnet as	se	ts between funds
			Unrestricted	Total Funds
			Funds	2022
			2	2
Tangible fixed assets			56,971	56,971
Current assets			56,610	56,610
Creditors less than	1	year	(10,899)	(10,899)
Creditors greater than		1 year	(50,695)	(50,695)
Net assets			51,987	51,987
			Unrestricted	Total Funds
			Funds	2021
			2
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

Operating	leas	e commit	ments
The total	future	minimum	lease payments	under non-cancellable	operating	leases are	as follows:
						2022	2021
						2
Later than	1 year and not		later than 5years			12,543	23,947