## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |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|