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)'. 1 of 15 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 2 of 15 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) 3 of 15 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 4 of 15 ## 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: 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 16 March 2022 5 of 15 ## 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**| 6 of 15 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 - 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 7 of 15 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| 8 of 15 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** 9 of 15 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** 10 of 15 ## 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**| 11 of 15 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. 12 of 15 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**| 13 of 15 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**| 14 of 15