Charity number: 5131831
Company number: 10113036
(England and Wales)
Bacup Royal Court Theatre Group Ltd
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 December 2020
Bacup Royal Court Theatre Group Ltd Contents Page For the year ended 31 December 2020
|Report of the Trustees|1 to 5|
|---|---|
|Independent Examiner's Report to the Trustees|6|
|Statement of Financial Activities|7|
|Statement of Financial Position|8|
|Notes to the Financial Statements|9 to 14|
|Detailed Statement of Financial Activities|15|
## Bacup Royal Court Theatre Group Ltd Report of the Trustees
## For the year ended 31 December 2020
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 December 2020. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2015).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objects of the Charity are to educate, inform the public in the dramatic and operatic arts and to further the development of public appreciation and taste in said arts. To promote the youth within the general community in the production of dramatic, operatic and musical arts. To provide an inclusive facility for the public to be part of a community group and be able to use and develop various skills. To provide aid for the public benefit urban and/or rural regeneration in areas of social and economic deprivation and in particular in the OL13 area ("the area of benefit") by the following means:
a. To raise funds and invite and receive contributions from any person or persons whatsoever by way of subscription, donation and otherwise.
b. To donate such funds to other charitable body as surplus profits allow as the Trustees may decide
- c. To do all such things as shall further the objects of the charity including but not exclusively:
I. The advancement of education, training or retraining, particularly amongst the young the unemployed people, those who may be social disenfranchised and those with special needs. By providing unemployed people with work experience in the world. By providing an escape from poverty
II. The maintenance and preservation of an historical building which is a community asset for the people of Rossendale and the only facility of its kind in the locality. Thereby increasing and improving the provision of public amenities by making the building available for other community and charitable events
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
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Bacup Royal Court Theatre Group Ltd Report of the Trustees Continued
For the year ended 31 December 2020
## **ACHIEVEMENTS AND PERFORMANCE**
## **Significant activities**
Principal Activities During 2020
Overview
The start of 2020 saw the good work of 2019 continued and built on, until the end of March when the Covid Pandemic forced the theatre to close, and it was closed until the end of the financial year.It is currently still closed with no date in mind yet to re open until government guidelines permit.
In the first 3 months of 2020, in line with the objects of the charity, we have:
· staged a comprehensive programme of shows and performances as set out below;
· Continue to increase our engagement with the broader community, promoting capacity building and increasing public benefit;
· Constantly reviewed and continue to tightened up our constitution governance arrangements;
· Preserved the fabric of the theatre building and made significant improvements to it.
Principal Business Activities - shows and performances
During 2020 we scheduled a number of professional and amateur shows and were predicting a good year.
However due to the pandemic all shows from April onwards were either cancelled or rescheduled into 2021 The shows and performances which did go ahead were:
Camelot the Panto T Rextasy The Floyd Effect
We continued with out community cinema.
The films shown were :
The Lion King T Rextasy The Floyd Effect
Community engagement, capacity building and public benefit.
Obviously with the pandemic the opportunities were severely limited.
We continued to develop and grow our youth section. The original youth section BYTES (Bacup Youth Theatre Entertainment Society) continues to gain members.
Our after school group BEST continued to gain momentum.
We have provided a range of volunteering opportunities in a wide range of areas for sections of the local Community.
We have continued to collaborate and be in dialogue with other local groups and organisations, through the pandemic.
Constitution and Governance
We continued to monitor and improve our governance and procedures.
Building Improvement
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## Bacup Royal Court Theatre Group Ltd Report of the Trustees Continued
## For the year ended 31 December 2020
The fact that the building has been unoccupied for 9 months has caused a number of problems which we have started addressing and work continues on these :
Emergency lighting replacement Dressing room roof replacement Flat roof recovering and work to coping stones to avoid water ingress Re plastering works as a result of water ingres Regular cleaning to avoid dam and mould building up
We have had a former damp storage room tanked and converted to a new rehearsal space
We will continue review our skill set procedures and policies and seek to build on our strengths and address any gaps or weaknesses.
We have a proven track record in identifying, nurturing, developing and promoting the talent of young people through the youth section which we will hopefully grow in the coming year.
We have a full programme of amateur and professional shows planned for 2021 along with theatre hire to local community.How much of this will actually go ahead is dependant on when we are allowed to re open.
We have received a grant from the Arts Council to help with this work and to help keep the theatre viable along with the Covid 19 Government Grants.
Further refurbishment works will be undertaken in 2021 to continue to improve the facilities for both our ticket buying public and our members and visiting professionals.
## **FINANCIAL REVIEW**
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The society is governed by rules adopted on the 9th January 2016 and as amended on the 6th November 2017
## **Pay policy for senior staff**
Bacup Royal Court Theatre Limited is a registered charity with no paid staff. All work at all levels is done by volunteers for no reward or payment of any kind.
## **REFERENCE AND ADMINISTRATIVE INFORMATION**
**Name of Charity** Bacup Royal Court Theatre Group Ltd **Charity registration number** 5131831 **Company registration number** 10113036 **Principal address** Bacup Royal Court Theatre Rochdale Road Bacup Lancashire OL13 9NR
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Bacup Royal Court Theatre Group Ltd Report of the Trustees Continued For the year ended 31 December 2020
## **Trustees**
The trustees and officers serving during the year and since the year end were as follows:
Regina Arkwright (Appointed: 08 April 2016) Leigh Thomas Brown (Appointed: 08 April 2016) (Resigned: 19 August 2020) Nicholas William Daye (Appointed: 08 April 2016) Guy Douglas Gibbs (Appointed: 08 April 2016) Robert John Hames (Appointed: 08 April 2016) Gary Haworth (Appointed: 03 January 2019) Janice Purslow (Appointed: 08 April 2016) Juliette Suzanne Shepherd (Appointed: 08 April 2016) Sadie Luna Thompson (Appointed: 03 January 2019) (Resigned: 24 August 2020) Stephen Michael Woods (Appointed: 03 January 2019) Jordan Luke Tobias Barnes (Appointed: 08 April 2016) (Resigned: 02 July 2018) Yvonne Bridget Gerrard (Appointed: 08 April 2016) (Resigned: 02 July 2018) Susan Sanderson (Appointed: 08 April 2016) (Resigned: 02 July 2018) Nicholas John Sands (Appointed: 08 April 2016) (Resigned: 01 January 2018) Amy Singleton (Appointed: 08 April 2016) (Resigned: 02 July 2018) Elizabeth Usher (Appointed: 08 April 2016) (Resigned: 26 April 2017) Yvonne Bridget Gerrard
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Bacup Royal Court Theatre Group Ltd Report of the Trustees Continued For the year ended 31 December 2020
## **Independent examiners**
Accountancy & Business Solutions Briarfield Cross Stone Road Todmorden Lancashire OL14 8RA
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 01 March 2021 Robert John Hames
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## Bacup Royal Court Theatre Group Ltd Independent Examiners Report to the Trustees
## For the year ended 31 December 2020
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 December 2020.
## **Responsibilities and basis of report**
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiners statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Accountancy & Business Solutions Briarfield Cross Stone Road Todmorden Lancashire OL14 8RA
08 March 2021
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## Bacup Royal Court Theatre Group Ltd Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 December 2020
||**Notes**|**Unrestricted**|**Restricted**|**2020**|**2019**|
|---|---|---|---|---|---|
|||**funds**|**funds**|||
|||**£**|**£**|**£**|**£**|
|**Income and endowments from:**||||||
|Donations and legacies|2|61,995|25,275|87,270|12,847|
|Charitable activities|3|250|-|250|5,073|
|Other trading activites|4|54,365|-|54,365|220,276|
|Investments|5|-|-|-|1|
|Other income|6|612|-|612|4,304|
|**Total**||**117,222**|**25,275**|**142,497**|**242,501**|
|**Expenditure on:**||||||
|Raising funds|7|(74,251)|-|(74,251)|(200,928)|
|Charitable activities|8/9|(528)|-|(528)|(2,405)|
|**Total**||**(74,779)**|**-**|**(74,779)**|**(203,333)**|
|**Transfers between funds**||25,275|(25,275)|-|-|
|**Net movement in funds**||**67,718**|**-**|**67,718**|**39,168**|
|**Reconciliation of funds**||||||
|Total funds brought forward||106,261|-|106,261|67,093|
|**Total funds carried forward**||**173,979**|**-**|**173,979**|**106,261**|
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Registered Number : 10113036
## Bacup Royal Court Theatre Group Ltd Statement of Financial Position As at 31 December 2020
|**Notes**
**Fixed assets**
Tangible assets
14
**Current assets**
15
Debtors
Cash at bank and in hand
**Creditors: amounts falling due within one year**
16
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Restricted income funds
17
Unrestricted income funds
17
**Total funds**|**£**
**2020**
89,227
**89,227**
372
86,262
**86,634**
(1,882)
**84,752**
**173,979**
**173,979**
-
173,979
**173,979**|**£**
**2019**
62,087|
|---|---|---|
|||**62,087**|
|||1,761
45,916|
|||**47,677**|
|||(3,503)
**44,174**|
|||**106,261**|
|||**106,261**|
|||-
106,261|
|||**106,261**|
For the year ended 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance
- with section 476,
- The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting
- records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Gary Haworth Trustee
01 March 2021
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Bacup Royal Court Theatre Group Ltd Notes to the Financial Statements
For the year ended 31 December 2020
## **1. Accounting Policies**
## **Basis of accounting**
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
Bacup Royal Court Theatre Group Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Funds**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
## **Tangible fixed assets**
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Equipment Fixtures & Fittings
15% Reducing balance 15% Reducing balance
## **2. Income from donations and legacies**
||**Unrestricted**|**Restricted**|**2020**|**2019**|
|---|---|---|---|---|
||**funds**|**funds**|||
||**£**|**£**|**£**|**£**|
|Donations received|4,113|-|4,113|2,333|
|Grants received|56,334|25,275|81,609|4,129|
|Subscriptions received|1,324|-|1,324|6,385|
|Sponsorships received|224|-|224|-|
||**61,995**|**25,275**|**87,270**|**12,847**|
## **3. Income from charitable activities**
|**Unrestricted funds**
_Activity 1_
Raffles
_Activity 2_
Fund Raising|**2020**
**£**
-
250
**250**|**2019**
**£**
4,045
1,028|
|---|---|---|
|||**5,073**|
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Bacup Royal Court Theatre Group Ltd Notes to the Financial Statements Continued
For the year ended 31 December 2020
## **4. Income earned from other activities**
|**Unrestricted funds**
Ticket And Programme Sales
Bar And Coffee
Toy Sales
Raffles
**nvestment income**
Bank interest receivable
**ther income**
**Unrestricted funds**
Theatre Hire
Miscellaneous Income
**xpenditure on other trading activities**
**Unrestricted funds**
Ticket And Programme Sales
Bar And Coffee
Raffles
Support costs|**2020**
**£**
42,598
10,178
820
769
**54,365**
**2020**
**£**
-
**-**
**2020**
**£**
612
-
**612**
**2020**
**£**
27,855
7,050
60
39,286
**74,251**|**2019**
**£**
176,270
42,749
1,257
-|
|---|---|---|
|||**220,276**|
|||**2019**
**£**
1|
|||**1**|
|||**2019**
**£**
3,890
414|
|||**4,304**|
|||**2019**
**£**
132,358
21,402
1,220
45,948|
|||**200,928**|
## **5. Investment income**
## **6. Other income**
## **7. Expenditure on other trading activities**
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Bacup Royal Court Theatre Group Ltd Notes to the Financial Statements Continued
## For the year ended 31 December 2020
## **8. Costs of charitable activities by fund type**
|**Unrestricted funds**
Activity 1
Support costs
**9. Costs of charitable activities by activity type**
Activity 1
**10. Analysis of support costs**
Governance costs
**11. Net income/(expenditure) for the year**
This is stated after charging/(crediting):
Depreciation of owned fixed assets
Accountancy fees|**2019**
**2020**
**£**
**£**
1,277
-
1,128
528
**2,405**
**528**
**2019**
**2020**
**£**
**£**
528
2,405
**2019**
**2020**
**£**
**£**
39,814
47,076
**2020**
**2019**
**£**
**£**
11,800
10,296
528
1,128|
|---|---|
## **13. Comparative for the Statement of Financial Activities**
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
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Bacup Royal Court Theatre Group Ltd Notes to the Financial Statements Continued
## For the year ended 31 December 2020
## **14. Tangible fixed assets**
|**Cost or valuation**
At 01 January 2020
Additions
At 31 December 2020
**Depreciation**
At 01 January 2020
Charge for year
At 31 December 2020
**Net book values**
At 31 December 2020
At 31 December 2019
**Debtors**
**Amounts due within one year:**
Prepayments and accrued income
**Creditors: amounts falling due within one year**
Trade creditors
Accruals and deferred income|**Buildings**
**£**
-
35,400
**35,400**
-
-
**-**
**35,400**
**-**|**Fixtures &**
**Fittings**
**£**
55,939
1,636
**57,575**
11,159
8,481
**19,640**
**37,935**
**44,780**|**Computer**
**Equipment**
**£**
20,407
1,908
**22,315**
3,103
3,320
**6,423**
**15,892**
**17,304**
**2020**
**£**
372
**372**
**2020**
**£**
1,354
528
**1,882**|**Total**
**£**
76,346
38,944|
|---|---|---|---|---|
|||||**115,290**|
|||||14,262
11,801|
|||||**26,063**|
|||||**89,227**|
|||||**62,084**|
|||||**2019**
**£**
1,761|
|||||**1,761**|
|||||**2019**
**£**
-
3,503|
|||||**3,503**|
## **15. Debtors**
## **16. Creditors: amounts falling due within one year**
## **17. Movement in funds**
## **Unrestricted Funds**
||**Balance at**|**Incoming**|**Outgoing**|**Transfers**|**Balance at**|
|---|---|---|---|---|---|
||**01/01/2020**|**resources**|**resources**||**31/12/2020**|
||**£**|**£**|**£**|**£**|**£**|
|_General_||||||
|General|106,261|117,222|(74,779)|25,275|173,979|
||**106,261**|**117,222**|**(74,779)**|**25,275**|**173,979**|
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## Bacup Royal Court Theatre Group Ltd Notes to the Financial Statements Continued
## For the year ended 31 December 2020
## **Unrestricted Funds - Previous year**
||**Balance at**|**Incoming**|**Outgoing**|**Transfers**|**Balance at**|
|---|---|---|---|---|---|
||**01/01/2019**|**resources**|**resources**||**31/12/2019**|
||**£**|**£**|**£**|**£**|**£**|
|_General_||||||
|General|67,093|242,501|(203,333)|-|106,261|
||**67,093**|**242,501**|**(203,333)**|**-**|**106,261**|
## **Purpose of unrestricted Funds**
## General
To provide income to meet the objectives of the charity.
During the year the charity received a grant of £25,275 to renovate the back room of the theatre. The funds were spent on this project during the year.
## **Restricted Funds**
|Back Room
Renovation
**Restricted Funds - Previous year**|**Incoming**
**resources**
**£**
25,275
**25,275**
**Incoming**
**resources**
**£**
**-**|**Transfers**
**£**
(25,275)
**(25,275)**
**Transfers**
**£**
**-**|**Balance at**
**31/12/2020**
**£**
-|
|---|---|---|---|
||||**-**|
||||**Balance at**
**31/12/2019**
**£**|
||||**-**|
## **Purpose of restricted funds**
## Back Room Renovation
To renovate the back room of the theatre to make it a more usable space.
The purpose of the restricted funds were to renovate the back room of the theatre in order to make it a more usable space.
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Bacup Royal Court Theatre Group Ltd Notes to the Financial Statements Continued
## For the year ended 31 December 2020
## **18. Analysis of net assets between funds**
||**Tangible**|**Net current**|**Net Assets**|
|---|---|---|---|
||**fixed assets**|**assets /**||
|||**(liabilities)**||
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|_General_||||
|General|89,227|84,752|173,979|
||**89,227**|**84,752**|**173,979**|
|**Previous year**||||
||**Tangible**|**Net current**|**Net Assets**|
||**fixed assets**|**assets /**||
|||**(liabilities)**||
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|_General_||||
|General|62,087|44,174|106,261|
||**62,087**|**44,174**|**106,261**|
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Bacup Royal Court Theatre Group Ltd Detailed Statement of Financial Activities For the year ended 31 December 2020
|**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
Grants receivable
Subscriptions
Sponsorships
**Charitable activities**
Raffles (Activity 1)
Fund Raising (Activity 2)
**Other trading activities**
Ticket And Programme Sales
Income from Bar And Coffee
Income from Toy Sales
Income from Raffles
**Investments**
Bank interest receivable
**Other income**
Theatre Hire
Miscellaneous Income
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Ticket And Programme Sales
Cost of Bar And Coffee
Cost of Raffles
**Charitable activities**
Cost of direct charitable activity (Activity 1)
**SUPPORT COSTS**
**Governance costs**
Governance costs
Governance costs (Activity 1)
**Total resources expended**
**Net Income**|**£**
**2020**
4,113
81,609
1,324
224
**87,270**
-
250
**250**
42,598
10,178
820
769
**54,365**
-
**-**
612
-
**612**
**142,497**
(27,855)
(7,050)
(60)
**(34,965)**
-
**-**
(39,286)
(528)
**(39,814)**
**(74,779)**
**67,718**|**£**
**2019**
2,333
4,129
6,385
-|
|---|---|---|
|||**12,847**
4,045
1,028|
|||**5,073**
176,270
42,749
1,257
-|
|||**220,276**
1|
|||**1**
3,890
414|
|||**4,304**|
|||**242,501**
(132,358)
(21,402)
(1,220)|
|||**(154,980)**
(1,277)|
|||**(1,277)**
(45,948)
(1,128)|
|||**(47,076)**|
|||**(203,333)**|
|||**39,168**|
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This page does not form part of the statutory financial statements