Charity Re8lstratSon No. 1170429 Conwrry Re8tsirafjon Plo. 10232477 IEnBland and Wales) FRINTON SUMMER THEATrE ANNUAL REPORT AND VNAUDfTED FINANCIAL STATEMEins FOR THE YEAR ENDED 30 SEPTEMBER 2021 tc accounts. tax. legal . financial planning 92 Station Road Clacton on Sea Essex C015 ISG 4A4X7X623* 05102r2022 COMPANIES H(lSE
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FRINTON SUMMER THEATRE CONTEfiTS Company information Tru5tees' report Independent examiner's report Statement of financial activities Balance sheet Notes to the finanoal statements 9-13
' FRINTON SUMMER THEATRE LEGAL AND ADMINisfRATNE IP49)RMAnoN Trustees J Arnistrong C Brill J Dias P Dias A Gostling Rmax (Appointed 13 March 20211 Charlty nwnber 1170429 Compary number 10232477 Pfin¢ipal address Oak Lodge 20 Second Avenue Frinton on Sea Essex C013 9ER ReBlstered office 92 Station Road Clacton on Sea Essex C015 ISG Independent examiner TC Group 92 Station fload aa¢ton on Sea E55ex C015 ISG
FRINTON SLIMMER THEATRE TRUSTEES. REPORT IINCIUDING DIREcfoRS' REPORT) FOR THE YEAR ENDE030SEpfEM8ER 2021 The trustees present their report and 1Snan¢•l statements for the year ended 30 september 2021. The financial statements have been prepared in a¢cordance with the accounting policles set out in note I to the financial statements and comply with the charity's governing document, the Companies A¢1 2006 and -Accounting and Reporting by Charities- Statement of Recommended Pr¥iice applicable to charitie5 ppparin8 theif accounts in accordance with the Financial Reporting Standar(l applicable in the UK and Republic of Ireland IFRS 1021~13$ amended for accounting periods tommenong from l January 20161 ObjertSves and artivfties To promote and advance performance arts. most particular the arts of theatre, opera and ballet includin8 through the presentation of a summer season of theatfical performances in Frinton on Sea. Frinton Sumrner Theatre runs a seveTrweek season in July and August. Its home is the MeGriBor Hall Ifofmerlv the Wl Halll. It performs one play a week in repertory l-weekfy Rep'l. It is one of the few remainire theatres in the UK to undertaken Weekly Rep. Although Weekly Rep is now a rarity in the theatrical wgrld. Frinro) Summer Theatre enjoys a considerable reputation in the theatrical industry. It has been the startin8 point for many well. known names in the Theatre includin8 Julie Christie. Anthony Sher. Michael Denison; Jane Asher,. V•nessa Redgrave.. Owen Teale; ts'nda Bellingham and Neil Dudgeon. Athievements and p¢rforniante It's been a significant year for Frinlon Summer Theatre. De5pile everything that COVID tried to throw at us we managed a six play season in The McGrigor Hall with an average of just under attendance. Many theatres in the UK didn't open or had a very limited season and it was generally considered an exceptional achievernent that we pulled off what we did. Guilty secret directed by John D Collins rnanaged to sell out under COVID 50% restrictions- Wil Taylor returned io give a wonderfully funny and moving perfomiance together wtth local artor Tony Pedley in Deor Lupin. Michael Simkin. who adapted the original book for the West End came d¢Jwn and told me it was the best production of the p13y he had seen.. Our Ayckl)ourn double bill was fu51 of ener8y and laughter.. Shona White brought the house down every night with Tell Me on o Sunday,. and as audience confidence slowly returned, Abigoil's Porty- our hnale - sold out and was much loved, complete with Beaubful Lips cocktails on sale. Abrgail was voted the favourite production in our Theatre survey and I transferred the production to Park Theatre in London where we received rave reviews and sold outl Deor lupin came second in ihe survey which I was very pleased about since to most people rt was a new .. I'm very glad that our loyal audiences are pPared to trust us with material they may not know. Other big highlights induded our evenings with Hayley Mi115 and Eileen Atkins. These were both extremely well attended and both actresses instantly took to Frinton and were delighted with the warmth and enthusrasm with which they were feceived. We also managed two music nights and a comedy night. The importance of our charitable status was once again underfined. We succesthilly applied for £156.000 worth of 8o¥ernment 5UPPOrt through the Cultural Recovery Grant. This mèant we could 80 ohead with the sea50n - even if we didn't get our usual audience size. We got a couple of local grants from Tendring District Council to help with marketing and Director's Assistants and very significantly. a local benefactor felt able tr gNe us a full 8rant for the new ¥enkn"lation system in the M¢Gri8or Hall through his own charitsble fund.
FRINTON SUMMER ThEATRE TRUSTEES. REPORT IINCWDING DIRECTORS. REPORTI (COPfflNUED FOR THE YEAR ENDED30 SEPTEM8ER2021 Frinton Svmmer Theatre raised the money wa the benefactor but is handing over ownership to the hall as a community asset for the future. We continued to benefi"1 from Gift AKI and our new ticketlbooking sygem was praised and also earned us money via ticket commissions. We fi"ni5hed the season with a surplus of around £ll6.)Wh1th should put us a good position for 2022. Plans are already underway for our season in 2022. 1 am trying to bring back two plays that we weon't able t¢ do in 2021-"A Bunch of Amateurs- and -moonlight and Magnolias". I'm Iping that the rest of the season will be in place by the stan of next year. We couldn't Sla8e a produrtion in a tent on The Greènsward in 2021 but we will be back in 2022 with an ambitious and popular show- Jesus Chmt Superstor. We are one of the very fw4 places to be allgwed to slage this iconic musical in 20221 This will be our most ambitious land expensivel project to date - with a budget of £2(X).LKKt - and we have arted some trowd funding to be able to ensure rts success. We are asking for anyone who feels able - to pledge £5,000 by way of underwrtiing the produthon. This is a retumable sum of money. subject to the production breaking even, and we are offering a maximuffl IO% rètum11.è. £5001 if we go into profit. We are creating a small pr05pectus to explain in more detsil and the fvnds will be held in an e5uow account. Most of our loyal crew wll be returning next year and I hope we'll get back as dose to normality as possible. rinancial review The accounts for the year show a net surplus of £116,716. Reserves at the balance sheet date arnounted to £124.010. All the reserye5 are unrestrirted. Reserves are held to ensure the Charity has enough reserve fvndin8 in pla to cover planned expenditure, taking account of known future revenue sireams. There is a relatively small level of unrestricted funding at the balance sheet date. but the intenD"on is to build unrestricted reserves er the next 3 to 5 years n line with the ¢harity's' operatsonal plans. Structure. 8overnance and mana8ement Frinton Summer Theatrè is a registered charity INO. 11704291. The company was established with solely charitable objects and has operated within these sin¢e incorporation so it is tated as a charity from incepkn"on. It obtained formal registration with the Charity Commtssion on 28 November 2016. The first trustees of the charity were appointed on incofporation. Subsequent trustees can be appointed by the trusiees and there is no limit io the term of office. ThÈrÈ must bè a minimum of 3 irusiees at any g'ven time. The board is responsible for the strategr¢ management of the charity and for seth"n8 ptsli¢y. The day to day operational management is delegated to the Executive Directors. All trustees give their Jme and experfse on a voluniary b)sis and recei no remunerafjon or other benefits. The Tiustees of the charity have referred to the guidance in the Charity Commission's general guidance on Public Benefi"1 when wiewing its aims and objettives and in planning the Charity's future actiV5ries. including Its guidance 'Pvblic benefit.. running a charity IPB521. The trustees. who a also the directors for the purpose of company Eaw. and who served during the year and up to the date of signature of the financial statements were..
FRINTON SUMMER THEATrE TRiISTEES' REPORT {INCWDING DIREcfoR5' REPORT) (coNnNuEDI FOR THE YEAR EP4DED 305EPTEMBER 2021 J Armstrong C Brill J Dias P Dias A Gostling Rmax P Philbrick (Appointed 13 March 20211 (Resigned 29 January 2021) The trustee5' report was approved by the Board of Trustees. • _z.// TrusteÈ Dated. ..&1. !.o.i.l..10.zi
FRINTON SUMMER THEME INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRINTON SUMMER THEATRE I report to the trusiees on my examinati of the finanoal ststements of Frinton Summer Theatre tthe charity) for the year ended 30 September 2021. Responslbllltles and basis of report As the trustees of the charily land also its directors for the purposes of company lawl you are rsponsible for the preparan.on of the thnanoal #atÈments in accofdance with thè requirements of the Companies Act 2006 (the 2006 Art). Having satisfied myself that the fi"nanoal ststements of the charity are not required to be audited under Part 16 of the 2006 Art and are eligible for independent examinats"on. I report in respect of my examination of the charity's financial Statements Carried out under section 145 of the charitr.es Act 2011 Ithe 2011 Act). In carrying out my examinatitsn I havè followed all the applicab Direth"ons gNen by the Charity Commission under 5ed?on 1451Sllbl of the 2011 Act. Independent examlner's statemert Since the charity's gr055 income exceeded £250.tsJO your examiner must be a member of a body listed in section 145 of the 2011 Art. I confirm that l am qualified to undèrtakè the examinkn.on because l am member of , which is one of the listed bodie5. I have completed my examination. I confirrn that no matters have corne to ry attention in ¢onfteth with the examination giving me cause io believe that in any material respect.. accountinB records were not kept in respett of the charity as required by settion 386 of the 2006Act,' or the financial statements do not accord with those records. or the Ilnancial statements do not comply with the accountr'ng requirements of se¢ifion 396 of the 2(M)6 Act other than any requirement that the accounts 8ive a true and fair view which bs not a mattèr con5idffed as part of an independent exarnination; or the financial Statements have not been prèpared in accordance with the methods and principle5 of the siatement of Recommended Practi¢e for a¢¢ounting and reporting by charities applieable to charities preparing their accounts in accordance with the Financial Reportin8 stsndard applicable in UK and Republic of Ireland IFRS 1021. I have no con¢erfis and have ¢ome across no other matters in connecrion with the examination to whth attention should be drawn In this report in order to enable a proper understanding of the linancial statements to be reached_ Simon Garner FCA Independent Examiner TC Group 92 Station Road aacton on Sea E55ex C015 ISG Oated....31-1-.22...
FRINTON SUMMER THEAThE srATEMENT OF FINANCIAL ACtivtriES INCLUDING INCOME AND EXPENOITURE ACCOUNT FOR THE YE4R Ef4DED 30SEPTEMBER 2021 Vnrestri¢tsd funds 2021 Total 2020 Notes come from: Donats"on5 and legacies Charitable activitres 174.678 138,158 21,336 335 Tolal Incon 312.836 21.671 Charitsble 3Ctivities 213.312 12.739 Net income for the •r1 Net Incomlng resources 99,524 8,932 Other wnsed 8•ins and losses Other gains or losses 17,192 movemènt In funds 116.716 8.932 Fund balances at l October 2020 7,294 11,6381 Fund ba1CeS at 30 September 2021 124.010 7.294 The statement of financial activikn.es includes all gains and losses retognised in the year. All income and expenditure deri¥e from continuing acii¥itses. The statement of fi.nancial artivities also complies with the requirements for an income and expendf(ure account under the Companie5 Art 2006.
FRINTON SUMMER THEATRE BAiANCE SHEET ASAT305EPTEMBER 2021 2021 2020 Flxed a55ets Tangible assets Current assets Debtors Cash at bank and in hand 14,340 3,935 io 44.144 78.289 18.690 122,433 18,690 Credltors: amountslalli•y due wlthln one year li 112.7631 115.3311 Net current asset5 109,670 3,359 Total assets less cuent IlabSllties 124,010 7,294 Income funds Unrestricted funds 124.010 7,294 124,010 7,294
FRINT014 SUMMER THEATRE BAiANCE SHEET IcoiinNUED) ASAT30SEPTEM8ER2021 The company is entitled to the exemptson from the audit requirernent contsined in 5ertion 477 of th* Companies Act 26, for the year ended 30 September 2021. The trustees acknowledge theif responbIlItieS for ensurin8 that thÈ tharity keeps accountin8 records whith comply wilh section 386 of the Art and for preparing financial ststernents which give a true and fair view of the stèle of affairs of the cornpany as at the end of the fi.nancial year and of its incomin8 resource5 and application of resources, including its income and expenditure, for the financial year in accordance with the requ¥ement5 of sections 394 and 395 and which otherwise compty with the requirements of the Companies Act 2006 relating to financial statements. so faf as applicable to the company. The members have not required the company to obtain an audit of its financial staternents for the >Ear in question in accordance with sertion 476. These financial statements have been prepared in accordan with ihe provisions applicable to companies subject to the small companies regime. L)1 The financial statements were appro¥ed by the Trustees on ....... ...... P Dia5 Trustee Company Regislration No. 10132477
FRIPITON SUMMER THEATRE NOTES TO THE FINANCIAI sfATEMEf4T5 FOR THE YEAR EhlOED30 SEPTEMBER 2021 A¢¢ountin8 pollcles Charlty Informatlon Frinton Summer Theatre is a private compary limited by guarantee incorporated in England and Wales. The registered address 1$ 92 Station Road. aacton on Sea. Essex. C015 ISG. 1.1 Accounting con¥ention The fi.nancial statements have been prepared in ac¢ordance with the Companies Act 2006 and "A¢¢ounfjn8 and Reporting by Charities.. Statement of Retommended Practice applicable to charitr'e5 preparin8 their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" las amended for accounting periods commencing from l January 20161. The charity is a Public 8enelit Entity as defined by FRS 102. The thafity has taken advantagè of thè provisions in the SORP for tharities applyire FRS 102 Update Bulleiin l not to prep8re J Statement of Cash Flows. The financial statements are prepared in sterling. which is the funcb.onal ¢urren¢y of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. 1.2 Goin8 ncern At the time of approwng the financial statements, the trustees have a reasonable expectath.on that the charity has adequate resources to continue in operational existènce for thè foreseeable future. Thus the trusiee5 conD"nue to adopt the going concern basis Of ac¢ounb"ng in preparing the fi"nan¢ial stsiemenis. 1.3 Charitable funds unstned funds are available for use at the discretlon of the trnstees in furtherance of their charitable objectives unless the funds have been dgnated for other purposes. Restricted funds are subject to specffic condilion5 by donors as to how they may be used. The PUrpe$ and uses of the restricted funds are set out in the notes to the financial statements. IA Incomlng rèsourcès Income is recognised when the charity is legally enwled to li after any performance conditions hwe been met, the amounts can be measured reliably. and it is probable that irbcome will be recwved. Cash donations are Tecognised on receipt. Other donations are recognised once the charity has been nott"fi"ed of the donation. unless performance conditions fequire defefral ol the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of ¢o¥enant is recognised at the ts.me of the donation.
FRINTON SUMMER THEATRE NOTES TO THE FINAP4CIAL 5TATEMEPItS ICOPITINUED} FOR THE YEAR ENDED 30SEPTEM8ER 2021 Accountin8 poliri Icontlnued) 1.5 Tanble fixed assets Tangible fixed 3$5ets are initially measured ai cost and subsequently measured at cost or Valtion, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less t1r rèsidual values over their useful lives orb the following bases.. ant and equipment Computers 25% reducing balance 25% reducin8 balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale pioceeds and ihe carrying value of the asset. and is recognised in net incomellexpenditurel for the year. 1.6 Cash and tash 1Valents Cash and cash equivalents include cash in hand. deposits held at call with bank5, Other shortrterm liquid investments with original maturities of three months or less. and bank overdrafts. Bank over(Irafts are shown within borrowings in current liatmlities. Crltltal atcourt* esdmates and judments In the application of the charity's accountr"n8 policies, the trustees are required to make judgements. estimates and assumptions about the carryin8 amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The ellimates and underlying assumptions a reviewed an ongoing basis. Revisions to accounting esb'mates are recognised in the period in which the esn.mate is wised where the revision affects only that period, or in the period of the revision and future perbods where the re¥isbon affects both current #nd future periods. During the year no èstimates or assumpii¢)ns were required. Donations and legac5es Unrestricted funds Total 2021 2020 Donations and gifts Government grants received 11,541 163,137 21,336 174.678 21.336 10-
FRINTON SUMMER THEATRE 140TES TO THE FINANaAL STATEMENTS ICONTIWUEDI FOR ThE YEAR ENDED30 SEPTEMBER 2021 Donalions and Iqades Icontinuedl Grants recel¥able fr*r core acii¥it5es Arts Council Grant Tendring District Council Grant 156,C 7.137 163.137 Charftable actlvltles Charitable Income 2021 CharitablÈ Inctsrne 2020 Box office income Ice creamlprogramme and book sale5 110,422 27.736 85 250 138,158 335 Charitable •ctivities Charltable Charltable Expenditure Expenditure 2021 2020 Depreciation and impairment Artisti¢ programme 4,780 190.191 1,311 5,852 194,971 7,163 Share of support C0$15 (see note I 18,341 5,576 213.312 12.739 Support costs consill of £15.821 {2020: £4.4961 of overheads and £2.520 12020= £1,OBO) rèlafft"nB to an Independent Examination. 11
FRINT014 SUMMER THEATRE 140TESTO THE FINANaAL STATEMENTS IcoimNUED) FOR THE YEAR EPIDED 305EPTEMBER 2021 Trustees None of the trustees lor any persons connected with theml received any rernuneration or benefits frrJn the harity during the year. Employees There were no employees dur1 the year. Other galns or losses Unrestrirted funds Total 2021 2020 Theatre Tax Relief 17.192 Tanglble fixed assets Total Cost At l October 2020 Additions 4.197 14,7 2,796 6,993 15,184 At 30 September 2021 18,897 3,280 22,177 Depreclatlon and Impalmient At l October 2020 Depre¢i¥D"on tharged in the year 1.835 4,265 1.223 514 3,058 4,779 At 30 September 2021 6.100 1.737 7.837 Carryln8 amouni At 30 September 2021 12.797 1,543 14,340 At 30 September 2020 2.362 1,573 3.935 12-
FRINTON SUMMER THEATRE NOTE5 TO THE FINANOAL STAIEMEPITS {COllllNUEDI FOR THE YEAR EPIDED 30SEPTEMBER2021 10 Debtors 2021 2020 Amounts h111 due within one year: other debtors Prepayments and accrued income 17,191 26.953 44,144 11 Cffjditors.. amounts falllry wlthln one year zozi 2020 Other creditors Accruals and deferred income 14,251 1,080 12,763 12,763 15.331 12 Related partytransadion5 There were no transactions with related parties during the year. 13-