2023-03-31-accounts

Reference and Administrative Details
Trustees' Report	2to6
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements	10to 21

Seaton	Gateway	Gateway	Theatre	Theatre	Company Limited	Company Limited
Reference		and Administrative Details
Charity Registration			Number		1167779
Company	Registration			Number	10021217
Principal	office and		registered		The Gateway
office					Seaton Town	Hall
					Fore Street
					Seaton
					Devon
					EX122LD
Trustees					R A Weber
					A Bentley
					A Wilson
					P G Hotchkiss
					KE Newland
					C Gamwell
					J Ransom
					F Mills-Durston
Independent		Examiner			Westcotts (SW) LLP
					Timberly
					South Street
					Axminster
					Devon
					EX135AD
Accountants					Westcotts (SW) LLP
					Timberly
					South Street
					Axminster
					Devon
					EX135AD

				Unrestricted	Total	Total
				funds	2023	2022
			Note	K		E
Income and Endowments		from:
Donations and legacies				14,805	14,805	83,626
Charitable activities				94,894	94,894	37,987
Other trading activities				67,433	67,433	23,334
Other income				382	382	471
Total income				177,514	177,514	145,418
Expenditure on:
Raising funds			7	(64,536)	(64,536)	(39,520)
Charitable activities			8	(127,561)	(127,561)	(86,697)
Total expenditure Net (expenditure)/income				~192,097 ~14,583	~792.097 ~14.583	126,217) 19,201
Net movement in funds				(14,583)	(14,583)	19,201
Reconciliation of	funds
Total funds brought	forward			51,987	51,987	32,786
Total funds carried	forward		21	37,404	37,404	51,987

Balance S	heet	as	at 31 March 2023
					2023	2022
				Note
Fixed assets
Tangible assets				14	49,793	56,971
Current assets
Stocks				15	1,400	1,400
Debtors				16	2,988	12,890
Cash at bank	and	in hand			40,487	42,320
					44,875	56,610
Creditors: Amounts			falling due within one year	17	(17,899)	(10,899)
Net current assets					26,976	45,711
Total assets less current liabilities Creditors: Amounts falling due after more than one year				18	76,769 i39.365i	102,682 ~50.695
Net assets					37,404	51,987
Funds ofthe	charity:
Unrestricted	income		funds
Unrestricted funds					37,404	51,987
Total funds				21	37,404	51,987

3 Inc	ome	from	donations and legacies
				Unrestricted
				funds	Total	Total
				General	2023	2022
					8	8
Donations and legacies;
Donations		from	individuals	10,383	10,383	1,533
Patronage				752	752	1,794
Grants,	including		capital grants;
Total	grants			3,670	3,670	80,299
				14,805	14805	83,626

4	Inco	me fr	om charitable activities
				Unrestricted
				funds	Total	Total
				General	2023	2022
				8	8	8
	Ticket	sales		94,894	94,894	37,987
5	Income from other trading activities
				Unrestricted
				funds	Total	Total
				General	funds	2022
				8	6
Trading		income;
	Bar and kitchen sales			47,687	47,687	16,690
	Icecream sales			1,054	1,054
	Room	hire		17,427	17,427	6,492
Events income;
	Fundraising		events	1,265	1,265	152
				67,433	67 433	23,334

		Unrestricted
		funds	Total	Total
		General	2023	2022
				8
Other	income	382	382	471

a) Costs of	t	ra	ding	activ	ities
							Unrestricted
							funds	Total	Total
						Note	Generalf	2023f	2022
Direct costs	of		trading activities				41,820	41,820	24,270
Staff Costs Grants released							23,177 ~461	23,177 ~461	15,935 ~685
							64,536	64,536	39,520
								Unrestricted
Analysis of	direct costs							funds	Total
							Note	General f	2023f
Fundraising	trading			costs;
Fundraising								70	70
Costs ofgoods			sold					20,704	20,704
Depreciation,		amortisation			and other similar	costs		3,066	3,066
Other direct	costs ofactivities for generating					funds		8,788	8,788
Support costs							9	9 192	9,192
								41 820	41,820
8 Expenditure			on	charitable activities
							Unrestricted
							funds	Total	Total
					Note		Generalf	2023f	2022f
Educating the		public		in the	arts of
theatre, performance				and drama			81,110	81,110	52,942
Staff costs							32,074	32,074	25,999
Support costs							12,470	12,470	7,756
Governance	costs						1,907	1,907
							127,561	127,561	86,697

9 Analysis of	governance	and support costs
		Charitable	Raising	Total	Total
		activity	funds	2023	2022
		8		8
Communication	8 IT	1,967	1,422	3,389	2,834
General office		5,784	4,178	9,962	5,836
Governance costs		4,719	3,592	8,311	3,840
		12,470	9,192	21,662	12,510

2023	2022
	6
7,770	8,395

							2023	2022
							6	8
Staffcosts during the		year were'
Wages and salaries							54,338	40,619
Pension costs							313	1 315
							55,251	41,934
The monthly average by the charity during	number the year		ofpersons expressed	(including as full time	senior management equivalents was as		/ leadership follows:	team) employed
							2023
							No
Number ofadministrative		staff					4

				2023	2022
Fees payable	to the independent		examiner for:
Independent	examination	ofthe	financial statements	548	510
All other services				3,988	3 114
				4,536	3,624

14Tangible fixed assets
		Furniture
	Land and	and	Plant and
	buildings	equipment	machinery	Total
		5
Cost
At 1 April 2022	46,778	22,379	17,233	86,390
Additions		592		592
At 31 March 2023	46,778	22,971	17,233	86982
Depreciation
At 1 April 2022	4,678	14,299	10,442	29,419
Charge forthe year	4,678	1 734	1 358	7770
At 31 March 2023	9,356	16033	11800	37189
Net book value
At 31 March 2023	37422	6,938	5,433	49,793
At 31 March 2022	42,1DD	888D	6,791	56,971
15Stock
			2023	2022
			6
Stocks			1,400	1,400
16Debtors
			2023	2022
Trade debtors			2,988	989
Other debtors				11,901
			2,988	12,890

17Creditors: amounts	17Creditors: amounts	falling due within one year
			2023	2022
			8
Bank loans			5,650
Trade creditors			4,372	7,003
Other taxation and social		security	1,863	208
VAT repayable			711
Other creditors			141
Accruals and deferred	income		5,162	3,688
			17,899	10,899

18Creditors: amounts	18Creditors: amounts	falling due after one year
			2023	2022
			8	8
Bank	Ioans		35,847	46,370
Deferred income			3,518	4,325
			39,365	50,695

21 Funds
												Balance at
				Balance at 1		Incoming		Resources				31 INarch
				April 2022		resources		expended				2023
							8					B
Unrestricted	funds
General					39,987		178,523	(193,106)				25,404
Designated	Funds - Boiler				12,000							12,000
Total funds					51,987		178523 ~193,106					37,404
During the year, the		Gateway		paid out significant costs in			respect of refurbishment			which		explains the
deficit which	was made		during	the year. The Gateway's		reserves are however			within		our	policy target
and this overspend		has	come	from surplus	reserves bought forward.
				Balance at								Balance at
				1 April	Incoming		Resources					31 March
				2021 f	resources		expended	Transfers 6				2022 K
Unrestricted	funds
General				32,786	146,679		(127,478)		(12,000)			39,987
Designated	Funds - Boiler								12,000			12,000
Totalfunds				32,786	146,679		~127,478					51,987

		Unrestricted	Total funds
		funds	at 31 March
		General	2023
		r.	6
Tangible	fixed assets	49,793	49,793
Current	assets	44,875	44,875
Current Creditors	liabilities over 1 year	(17,899) ~39,365	(17,899) ~39,365)
Total net assets		37,404	37,404

Notes	to the Financial Statements	for the Year Ended 31 March 202	3
		Unrestricted	Total funds
		funds	at 31 March
		General	2022
		8
Tangible	fixed assets	56,971	56,971
Current	assets	56,610	56,610
Current Creditors	liabilities over 1 year	(10,899) ~56.695	(10,899) ~(56,695
Total net assets		51,987	51,987