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 2021
Bacup Royal Court Theatre Group Ltd Contents Page For the year ended 31 December 2021
| 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 2021
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 2021. 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 2021
ACHIEVEMENTS AND PERFORMANCE
Significant activities
Principal Activities During 2021
Overview
The start of 2021 saw the theatre closed right through until July due to the Covid 19 restrictions
In the first 6 months of 2021, in line with the objects of the charity, we have:
Preserved the fabric of the theatre building and made significant improvements to it.
These include the landscaping of a rear outdoor area, creation of a multi function room which can be used as a bar, rehearsal room and dressing room.
The emergency lighting renewal was finished and tested
The auditorium and public areas were decorated throughout
Removal of dry rot and replacement ceilings
Complete re covering of the Rochdale Road Flat roof area with a new rubber roof and copings re bedded
Various electrical repairs and improvements
Principal Business Activities - shows and performances
During 2021 we had a full programme of shows which had to be rescheduled due to the pandemic with us eventually being able to re open in July
The shows and performances which did go ahead were:
RioGold 10CCLO Vicar of Dibley The Jerseys Meatloaf History of Rock Glory Days Theatre Hire to Fusion Dance Group
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 after the restart
Our after school group BEST continued to gain momentum after the restart
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.
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
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Bacup Royal Court Theatre Group Ltd Report of the Trustees Continued For the year ended 31 December 2021
youth section which we will hopefully grow in the coming year.
We have a full programme of amateur and professional shows planned for 2022 along with theatre hire to local community.
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 2022 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
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)
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Bacup Royal Court Theatre Group Ltd Report of the Trustees Continued For the year ended 31 December 2021
Independent examiners
(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 Accountancy & Business Solutions Briarfield Cross Stone Road Todmorden Lancashire OL14 8RA
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 16 March 2022 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 2021
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 December 2021.
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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
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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
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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
16 March 2022
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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 2021
| Notes | Unrestricted | 2020 | |
|---|---|---|---|
| funds | |||
| £ | £ | ||
| Income and endowments from: | |||
| Donations and legacies | 2 | 51,121 | 87,270 |
| Charitable activities | 3 | 251 | 250 |
| Other trading activites | 4 | 50,560 | 54,365 |
| Other income | 5 | - | 612 |
| Total | 101,932 | 142,497 | |
| Expenditure on: | |||
| Raising funds | 6 | (127,541) | (74,248) |
| Charitable activities | 7/8 | (600) | (528) |
| Total | (128,141) | (74,776) | |
| Net income/expenditure | (26,209) | 67,721 | |
| Reconciliation of funds | |||
| Total funds brought forward | 173,982 | 106,261 | |
| Total funds carried forward | 147,773 | 173,982 |
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Registered Number : 10113036
Bacup Royal Court Theatre Group Ltd Statement of Financial Position As at 31 December 2021
| 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 |
£ 2021 100,756 100,756 178 50,473 50,651 (3,634) 47,017 147,773 147,773 - 147,773 147,773 |
£ 2020 89,230 |
|---|---|---|
| 89,230 | ||
| 372 86,262 |
||
| 86,634 | ||
| (1,882) 84,752 |
||
| 173,982 | ||
| 173,982 | ||
| - 173,982 |
||
| 173,982 |
For the year ended 31 December 2021 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
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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
16 March 2022
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Bacup Royal Court Theatre Group Ltd Notes to the Financial Statements For the year ended 31 December 2021
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 | 15% Reducing balance |
|---|---|
| Fixtures & Fittings | 15% Reducing balance |
2. Income from donations and legacies
| Unrestricted funds Donations received Grants received Subscriptions received Sponsorships received |
2020 2021 £ £ 4,113 3,694 81,609 43,560 1,324 3,867 224 - 87,270 51,121 |
|---|---|
3. Income from charitable activities
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Unrestricted funds | ||
| Activity 2 | ||
| Fund Raising | 251 | 250 |
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Bacup Royal Court Theatre Group Ltd Notes to the Financial Statements Continued
For the year ended 31 December 2021
4. Income earned from other activities
| Unrestricted funds Ticket And Programme Sales Bar And Coffee Toy Sales Raffles ther income Theatre Hire xpenditure on other trading activities Unrestricted funds Ticket And Programme Sales Bar And Coffee Raffles Support costs osts of charitable activities by fund type Unrestricted funds Support costs osts of charitable activities by activity type Activity 1 |
2021 £ 37,190 12,314 49 1,007 50,560 2021 £ - - 2021 £ 25,195 6,922 84 95,340 127,541 2021 £ 600 2021 £ 600 |
2020 £ 42,598 10,178 820 769 |
|---|---|---|
| 54,365 | ||
| 2020 £ 612 |
||
| 612 | ||
| 2020 £ 27,855 7,050 60 39,283 |
||
| 74,248 | ||
| 2020 £ 528 2020 £ 528 |
5. Other income
6. Expenditure on other trading activities
7. Costs of charitable activities by fund type
8. Costs of charitable activities by activity type
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Bacup Royal Court Theatre Group Ltd Notes to the Financial Statements Continued
For the year ended 31 December 2021
9. Analysis of support costs
| nalysis of support costs | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Governance costs | 95,940 | 39,811 |
| Net income/(expenditure) for the year | ||
| This is stated after charging/(crediting): | ||
| 2021 | 2020 | |
| £ | £ | |
| Depreciation of owned fixed assets | 9,951 | 11,800 |
| Accountancy fees | 600 | 528 |
| Staff costs and emoluments | ||
| 2021 | 2020 | |
| Staff | 0 | 0 |
| 0 | 0 |
10. Net income/(expenditure) for the year
11. Staff costs and emoluments
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Bacup Royal Court Theatre Group Ltd Notes to the Financial Statements Continued
For the year ended 31 December 2021
13. Comparative for the Statement of Financial Activities
| Unrestricted | Restricted | 2020 | |
|---|---|---|---|
| funds | funds | ||
| £ | £ | £ | |
| Income and endowments from: | |||
| Donations and legacies | 61,995 | 25,275 | 87,270 |
| Charitable activities | 250 | - | 250 |
| Other trading activites | 54,365 | - | 54,365 |
| Other income | 612 | - | 612 |
| Total | 117,222 | 25,275 | 142,497 |
| Expenditure on: | |||
| Raising funds | (34,965) | - | (34,965) |
| Charitable activities | (528) | - | (528) |
| Total | (35,493) | - | (35,493) |
| Transfers between funds | 25,275 | (25,275) | - |
| Net movement in funds | 107,004 | - | 107,004 |
| Reconciliation of funds | |||
| Total funds brought forward | 106,261 | - | 106,261 |
| Total funds carried forward | 213,265 | - | 213,265 |
14. Tangible fixed assets
| Buildings | Fixtures & | Computer | ||
|---|---|---|---|---|
| Cost or valuation | Fittings | Equipment | Total | |
| £ | £ | £ | £ | |
| At 01 January 2021 | - | 57,575 | 22,316 | 79,891 |
| Additions | 35,400 | 14,922 | 6,556 | 56,878 |
| At 31 December 2021 | 35,400 | 72,497 | 28,872 | 136,769 |
| Depreciation | ||||
| At 01 January 2021 | - | 19,639 | 6,422 | 26,061 |
| Charge for year | - | 7,132 | 2,820 | 9,952 |
| At 31 December 2021 | - | 26,771 | 9,242 | 36,013 |
| Net book values | ||||
| At 31 December 2021 | 35,400 | 45,726 | 19,630 | 100,756 |
| At 31 December 2020 | - | 37,936 | 15,894 | 53,830 |
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Bacup Royal Court Theatre Group Ltd Notes to the Financial Statements Continued
For the year ended 31 December 2021
15. Debtors
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Amounts due within one year: | |||||
| Prepayments and accrued income | - | 372 | |||
| Other debtors | 178 | - | |||
| 178 | 372 | ||||
| 16. Creditors: amounts falling due within one year | |||||
| 2021 | 2020 | ||||
| £ | £ | ||||
| Trade creditors | 3,034 | 1,354 | |||
| Accruals and deferred income | 600 | 528 | |||
| 3,634 | 1,882 | ||||
| 17. Movement in funds | |||||
| Unrestricted Funds | |||||
| Balance at | Incoming | Outgoing | Transfers | Balance at | |
| 01/01/2021 | resources | resources | 31/12/2021 | ||
| £ | £ | £ | £ | £ | |
| General | |||||
| General | 173,982 | 101,932 | (128,141) | - | 147,773 |
| 173,982 | 101,932 | (128,141) | - | 147,773 | |
| Unrestricted Funds - Previous year | |||||
| Balance at | Incoming | Outgoing | Transfers | Balance at | |
| 01/01/2020 | resources | resources | 31/12/2020 | ||
| £ | £ | £ | £ | £ | |
| General | |||||
| General | 106,261 | 117,222 | (74,776) | 25,275 | 173,982 |
| 106,261 | 117,222 | (74,776) | 25,275 | 173,982 |
Purpose of unrestricted Funds
General
To provide income to meet the objectives of the charity.
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Bacup Royal Court Theatre Group Ltd Notes to the Financial Statements Continued
For the year ended 31 December 2021
Restricted Funds
| Restricted Funds - Previous year Back Room Renovation Purpose of restricted funds Back Room Renovation |
Incoming resources £ - Incoming resources £ 25,275 25,275 |
Transfers £ - Transfers £ (25,275) (25,275) |
Balance at 31/12/2021 £ |
|---|---|---|---|
| - | |||
| Balance at 31/12/2020 £ - |
|||
| - | |||
To renovate the back room of the theatre to make it a more usable space.
18. Analysis of net assets between funds
| Unrestricted funds General General Previous year Unrestricted funds General General |
Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 100,756 47,017 147,773 |
|---|---|
| 100,756 47,017 147,773 |
|
| Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 89,230 84,752 173,982 |
|
| 89,230 84,752 173,982 |
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Bacup Royal Court Theatre Group Ltd Notes to the Financial Statements
For the year ended 31 December 2021
| INCOME AND ENDOWMENT Donations and legacies Donations Grants receivable Subscriptions Sponsorships Charitable activities Fund Raising (Activity 2) Other trading activities Ticket And Programme Sales Income from Bar And Coffee Income from Toy Sales Income from Raffles Other income Theatre Hire Total incoming resources EXPENDITURE Other trading activities Ticket And Programme Sales Cost of Bar And Coffee Cost of Raffles SUPPORT COSTS Governance costs Governance costs Governance costs (Activity 1) Total resources expended Net Expenditure |
£ 2021 3,694 43,560 3,867 - 51,121 251 251 37,190 12,314 49 1,007 50,560 - - 101,932 (25,195) (6,922) (84) (32,201) (95,340) (600) (95,940) (128,141) (26,209) |
£ 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) (39,283) (528) |
||
| (39,811) | ||
| (74,776) | ||
| 67,721 |
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