| The charity | 's financial position atthe end ofthe yea |
's financial position atthe end ofthe yea |
r ended 30 | November | 2020 |
|---|---|---|---|---|---|
| The financial | position ofthe charity at30November 2020and | comparatives | for the prior | period, as more | |
| fully detailed | in the accounts, can be summarised | as follows:- | |||
| 2020 | 2019 | ||||
| f | |||||
| Net (expenditure)/income | (4,248) | 2,324 | |||
| Unrestricted the general |
Revenue Funds available for purposes ofthe charity |
(1,954) | 6,259 | ||
| Restricted Revenue Funds |
15,438 | 11,472 | |||
| Total Funds | 13,483 | 17,731 |
| Current year | Current year | Current year | Prior Year | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total | |||
| Funds | Funds | Funds | ||||
| 2020 | 2020 | 2020 | 2019 | |||
| E | E | F. | ||||
| Income 8 Endowments | from: | |||||
| Donations 8 Legacies | 24 | 32,311 | 32,335 | 45,721 | ||
| Charitable activities |
6,000 | 2,450 | 8,450 | 12,200 | ||
| Investments | 7 | 7 | 5 | |||
| Total income | 6,031 | 34,761 | 40,792 | 57,925 | ||
| Expenditure on: |
||||||
| Charitable activities |
15,154 | 30,795 | 45,949 | 61,999 | ||
| Tax on loss on ordinary | activities | (910) | (910) | (6,397) | ||
| Totalexpenditure | 14,244 | 30,795 | 45,039 | 55,601 | ||
| Net (expenditure)iincome | forthe year | (8,214) | 3,966 | (4,248) | 2,324 | |
| Net movement in funds |
(8,214) | 3,968 | (4,248) | 2,324 | ||
| Reconciliation offunds:- |
||||||
| Total funds brought forward | 6,259 | 11,472 | 17,731 | 15,405 | ||
| Total funds carried forward | ~(1,9B4 | 15,438 | 13,483 | 17,729 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Deficit forthe | year:- | |||||
| Net excess of | income over | expenditure | from operations | before tax | (5,158) | (4,073) |
| income from | operations | before taxin | the Statement | ofFinanciai Activites | (5,158) | (4,073) |
| Net lwovement | in funds before taxation | (5,158) | (4,073) | |||
| Taxation arising | in the year | 910 | 6,397 | |||
| Funds generated in the year as shown |
on Statement | ofFinancial Activities | (4,248) | 2,324 |
| Unrestricted | Restricted | Total | Last year | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Total Funds | |||
| 2020f | 2020 | 2020 F |
2019 F |
|||
| Accumulated | funds brought forward | 6,259 | 11,472 | 17,731 | 15,405 | |
| Recognised | gains and | losses before transfers | (8,214) | 3,966 | (4,248) | 2,324 |
| (1,954) | 15,438 | 13,483 | 17,729 | |||
| Closing revenue funds | ~1,9S4) | 15,438 | 13,483 | 17,729 | ||
| Summary | of funds | Unrestricted | Restricted | Total | Last Year | |
| and | Funds | Funds | Total Funds | |||
| Designated funds |
||||||
| 2020 | 2020 | 2019 | ||||
| F | E | |||||
| Revenue accumulated | funds | (1,954) | 15,438 | 13,483 | 17,729 |
| income and Expenditure Acc Companies Act 2006 |
ount fo | rthe year ended 30Nove | mber 2020as required |
by the |
|---|---|---|---|---|
| 2020 | 2019 | |||
| Income | ||||
| Income from operations | 40,?85 | 57,921 | ||
| Investment income |
||||
| Interest receivable | ||||
| Gross income in the year | 40,792 | 57,925 | ||
| Expenditure | ||||
| Charitable expenditure, excluding depreciation |
and amoriisation | 40,674 | 58,545 | |
| Depreciation and amoriisation |
525 | 703 | ||
| Governance costs |
4,?50 | 2,?50 | ||
| Total expenditure in the year |
45,949 | 61,999 | ||
| Net expenditure before tax in the financial |
year | (5,158) | (4,073) | |
| Tax on loss on ordinary activities |
(910) | (6,397) | ||
| Net income/(expenditure) after tax |
in the financial year | (4,248) | 2,324 | |
| Retained {deficit)Isurplus for the financial year | (4,248) | 2,324 | ||
| All activities derive from continuing | operations |
| Note | 2020 | 2019 | |||
|---|---|---|---|---|---|
| 'E | R | ||||
| Fixed assets | |||||
| Tangible assets | 10 | 321 | 846 | ||
| Current assets | |||||
| Debtors | 1,211 | 10,575 | |||
| Cash at bank and in | hand | 22,306 | 23,813 | ||
| Total current assets | 23,517 | 34,388 | |||
| Creditors: amounts | falling due within | ||||
| one year | 12 | (10,355) | (17,502) | ||
| Net current assets | 13,162 | 16,885 | |||
| The total net assets | ofthe charity | 13,483 | 17,731 | ||
| The total net assets | ofthe charity are | funded | by the funds ofthe | charity, as follows:- | |
| Restricted funds | |||||
| Restricted Revenue Funds | 15,438 | 11,472 | |||
| Unrestricted Funds |
|||||
| Unrestricted Revenue |
Funds | 2,609 | 2,714 | ||
| Designated Funds |
|||||
| Designated Revenue |
Funds | 16 | (4,564) | 3,545 | |
| Total charity funds | 13,483 | 17,731 |
| 4 | Net (deficit)lsurplus | before tax in | th | e financ | ial ye | ar | ||
|---|---|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||||
| The net (deficit)/surplus | before tax in the | financial year is stated after charging:- | ||||||
| Depreciation ofowned |
fixed assets | 525 | 703 | |||||
| Trustees' remuneration |
35,986 | 34,184 | ||||||
| 5 | Taxation | 2020 | 2019 | |||||
| f | ||||||||
| UK corporation tax |
(910) | (6,397) | ||||||
| 6 | Staff costs and emoluments | |||||||
| Salary costs | 2020 | 2019 | ||||||
| Trustees' Remuneration |
for governance | as | detailed | in note | 7 | 4,000 | 2,000 | |
| Trustee's Remuneration |
forfees associated | with charitable | activities | 31,986 | 32,184 | |||
| Total salaries, wages | and related costs | 35,986 | 34,184 |
| 2020 | 2019 | ||
|---|---|---|---|
| Remuneration | payable fotrustees orconnected persons | ||
| A Wyllie | 15,543 | 11.323 | |
| R Gibbs | 16,243 | 17,209 | |
| RStubbs | 4,200 | 5,652 | |
| Total remuneration | 35,986 | 34,184 |
| Opening | Released | Received | Deferred | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Deferrals | from prior | less released | at year end | |||||||
| years | in year | |||||||||
| s | s | |||||||||
| Small grants individually |
less | than 81000 | 40 | (40) | 200 | 200 | ||||
| Cambridgeshire | Community | Foundation | 2,000 | 2,000 | ||||||
| Total | 4D | ~(40 | 2,20D | 2,200 | ||||||
| 2020 | 2019 | |||||||||
| These deferrals | are included | in creditors | 2,200 | 40 | ||||||
| 9 | Deferred income - Restricted funds | |||||||||
| Opening | Released | Received | Deferred | |||||||
| Deferrals | from prior | less released | atyear end | |||||||
| years | in year | |||||||||
| s | E | |||||||||
| Small grants | individually | less than f1000 | ||||||||
| The Arts Council | 6,237 | 693 | 6,930 | |||||||
| Big Lottery | 10,000 | (10,000) | ||||||||
| Total | 16,227 | ~10,000) | 693 | 6,930 | ||||||
| 2020 | 2019 | |||||||||
| These deferrals | are included | in creditors | 6,930 | 16,237 | ||||||
| 10 | Tangible fixed | assets | ||||||||
| Plant 8 Machinery |
Total | |||||||||
| Cost | ||||||||||
| At 1 December | 2019 | 3,581 | 3,581 | |||||||
| Additions | ||||||||||
| At 30November | 2020 | 3,581 | 3,581 | |||||||
| Depreciation | ||||||||||
| At 1 December | 2019 | 2,735 | 2,735 | |||||||
| Charge for the | year | 525 | 525 | |||||||
| At 30November | 2020 | 3,260 | 3,260 | |||||||
| Net book value | ||||||||||
| At 30 November | 2020 | 321 | 321 | |||||||
| At 30November | 2019 | 846 | 846 |
| 11 | Debtors | ||||||
|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||
| Prepayments and accrued income |
1,211 | 10,575 | |||||
| 12 | Creditors: amounts | falling due within | one year | 2020 | 2019 | ||
| 6 | F | ||||||
| Trade creditors | 422 | 422 | |||||
| Accruals | 750 | 750 | |||||
| Deferred Income | - Unrestricted | 8 designated | funds | 40 | |||
| Deferred Income | - Restricted | funds | 9,130 | 16,237 | |||
| Other creditors | 53 | 53 | |||||
| 10,355 | 17,502 | ||||||
| 13 | income and Expenditure | account summary | 2020 | 2019 | |||
| At 1 December 2019 | 17,729 | 15,405 | |||||
| (Loss)/surplus after tax |
for the | year | (4,248) | 2,324 | |||
| At 30November | 2020 | 13,481 | 17,729 |
| Other | |||||||
|---|---|---|---|---|---|---|---|
| Income | Expenditure | Gains & | Movement | ||||
| Losses | in funds | ||||||
| 2020 | 2020 | 2020 | 2020 | ||||
| 6 | |||||||
| Unrestricted | and designated | funds:- | |||||
| Unrestricted | Revenue | Funds | (2,078) | (6,136) | (8,214) | ||
| Designated | Revenue | Funds | 8,109 | (8,109) | |||
| Restricted funds:- | |||||||
| Grants and donations theatrical productions |
funding | specific | 34,761 | (30,?95) | 3,966 | ||
| 40,?92 | (45,039} | (4,248) |
| 18 | Donations and Legacies |
Donations and Legacies |
||||||
|---|---|---|---|---|---|---|---|---|
| Current year | Current year | Current year | Prior Year | |||||
| Unrestricted | Restricted | Total Funds | Total Funds | |||||
| Funds | Funds | |||||||
| 2020 | 2020 | 2020 | 2019 | |||||
| 8 | k | R | 8 | |||||
| Donations and gifts from individuals |
||||||||
| Small donations individually less |
than | f1000 | 24 | 24 | 856 | |||
| Total donations and gifts from |
individuals | 24 | 856 | |||||
| Revenue grants from government | and public bodies | |||||||
| Small grants individually |
less than 81000 | 800 | 800 | |||||
| The Arts Council | 11,819 | 11,819 | 14,965 | |||||
| Big Lottery | 10,000 | 10,000 | ||||||
| Cambridge County council |
3,192 | 3,192 | ||||||
| Total public sector revenue grants | 25,811 | 25,811 | 14,965 | |||||
| Revenue grants and donations | from non public bodies | |||||||
| The Suffolk Foundation | 5,000 | |||||||
| Colwinston Trust |
7,000 | |||||||
| DrOyly Carte Charitable | Trust | 3,500 | ||||||
| Chivers Trust | 2,000 | 2,000 | 2,000 | |||||
| St Edmunds Trust |
1,900 | |||||||
| Bury StEdmunds Town |
Council | 2,000 | ||||||
| The Scarfe Trust | 1,000 | 1,000 | 2,000 | |||||
| Rural Youth Trust | 1,000 | |||||||
| Foyle Foundation | 4,000 | |||||||
| Seckford Foundation | 1,500 | |||||||
| Allen Lane Foundation | 3,500 | 3,500 | ||||||
| Total private sector revenue grants | 6,500 | 6,500 | 29,900 | |||||
| Total Donations and Legacies |
24 | 32,311 | 32,335 | 45„721 |
| Current year | Current year | Current year | Prior Year | |
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total Funds | |
| Funds | Funds | |||
| 2020 | 2020 | 2020 | 2019 | |
| 8 | 8 | k | 8 | |
| Primary purpose and ancillary trading | ||||
| Ticket Sales | 2,450 | 2,450 | 12,200 | |
| Total Primary purpose and ancillary trading | 6,000 | 2,450 | 8,450 | 12,200 |
| Current year | Current year | Current year | Prior Year | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | TotalFunds | TotalFunds | |||||
| Funds | Funds | |||||||
| 2020 | 2020 | 2020 | 2019 | |||||
| 6 | 6 | F. | 6 | |||||
| Total income | from | charitable | trading | 6,000 | 2,450 | 8,450 | 12,200 | |
| Total from | charitable activities | 6,000 | 2,450 | 8,450 | 12,200 | |||
| 21 | Investment | income | ||||||
| Current year | Current year | Current year | Prior Year | |||||
| Unrestricted | Restricted | TotalFunds | TotalFunds | |||||
| Funds | Funds | |||||||
| 2020 | 2020 | 2020 | 2019 | |||||
| 6 | 6 | 6 | 6 | |||||
| Bank interest | Receivable | |||||||
| Total investment | income |
| Current | year | Current year | Current year | Prior Year | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | TotalFunds | ||||
| Funds | Funds | ||||||
| 2020 | 2020 | 2020 | 2019 | ||||
| 6 | 6 | 6 | 6 | ||||
| Props and | costumes | 1,130 | |||||
| Venue Hire | 169 | 169 | 1,273 | ||||
| Production | costs | and technical services | 6,247 | ||||
| Subcontract | labour | 5,413 | 30,626 | 36,039 | 43,220 | ||
| Total charitable | trading costs | 5,413 | 30,795 | 36,209 | 51,870 |
| 23 | Support costs for chari | table activities | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Current | year | Current | year | Current | year | Prior Year | ||||
| Unrestricted | Restricted | TotalFunds | TotalFunds | |||||||
| Funds | Funds | |||||||||
| 2020 | 2020 | 2020 | 2019 | |||||||
| 8 | R | |||||||||
| Employee costs not included in direct costs | ||||||||||
| Travel and subsistence - staff | 1,665 | 1,665 | 3,924 | |||||||
| Premises Expenses | ||||||||||
| Storage costs | 1,200 | 1,200 | 1,200 | |||||||
| Administradve overheads |
||||||||||
| Postage | 65 | 65 | 37 | |||||||
| Stationery and printing |
141 | 141 | 396 | |||||||
| Membership subscriptions |
130 | |||||||||
| Equipment expenses |
598 | 598 | 10 | |||||||
| Software licences and expenses | 14 | 14 | ||||||||
| Advertising and marketing |
213 | 213 | 432 | |||||||
| Liabilty and contents insurance | 407 | 407 | 404 | |||||||
| Sundry expenses | 142 | 142 | 6 | |||||||
| Professional fees paid | to the Auditor or | Independent | Examiner in | addition | toaudit and | |||||
| examination fees |
||||||||||
| As detailed in Note 24 |
100 | 100 | 100 | |||||||
| Professional fees paid to | advisors other than | the auditor orexaminer | ||||||||
| Other legal and professional | 13 | 13 | 120 | |||||||
| Financial costs | ||||||||||
| Bank charges | 9 | 9 | 16 | |||||||
| Depreciation 8 Amortisation | in total forthe period | 525 | 525 | 703 | ||||||
| Support costs before reallocation | 5,091 | 5,091 | 7,479 | |||||||
| Total support costs | 5,091 | 5,091 | 7,479 | |||||||
| 24 | Other Expenditure -Governance costs |
|||||||||
| Current | year | Current | year | Current | year | Prior Year | ||||
| Unrestricted | Restricted | Total Funds | Total Funds | |||||||
| Funds | Funds | |||||||||
| 2020 | 2020 | 2020 | 2019 | |||||||
| 8 | 8 | f | 8 | |||||||
| Independent Examiner's fees |
650 | 650 | 650 | |||||||
| Trustees' remuneration |
4,000 | 4,000 | 2,000 | |||||||
| Total Governance costs | 4,650 | 4,650 | 2,650 | |||||||
| Professional fees paid | to the Auditor orIndependent | Examinerin | addition | to audit and | ||||||
| examination fees |
||||||||||
| 2020 | 2020 | 2020 | 2019 | |||||||
| f | k | 8 | 6 | |||||||
| Tax advisory fees | 100 | 100 | 100 | |||||||
| Total other fees | 100 | 100 | 100 |