## **Oddments Theatre Company Annual Report April 2020 to March 2021**
Charity number: **1183188**
## **Charities principal address**
Oddments Theatre Co. Birchfield Church Birchfield Road Yeovil BA21 5RL
## **Trustees:**
Anthony Braithwaite – Chair, Letitia Mason, Ian Stevenson
## **Charity’s principal address:**
Oddments Theatre Co. Birchfield Church Birchfield Road Yeovil BA21 5RL
**Charity’s CEO:** Barry Stephen Boyton, Charity Director
**Independent Examiners:** Whites Charted Accountants, Suite 9 Yeovil Innovation Centre, Barracks Close, Copse Road, Yeovil BA22 8RN
## **Objects of Oddments Theatre Company**
The objects of the CIO are to advance the Christian faith (particularly but not exclusively by means of theatrical productions and workshops) in accordance with its Statement of Beliefs, in Somerset and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit, and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the trust. For the purposes of these Objects, “Statement of Beliefs” shall mean the Basis of Faith of the Evangelical Alliance UK as updated from time to time.
## **Summary of main activities**
The charity’s main focus is the preparation and presentation of theatrical productions in a wide variety of churches, prisons and schools as well as other venues as opportunity arises. The charity also has an educational role in training others in drama and theatre skills, through workshops, publications and other media. There has also been an increase in the charity’s ability to make drama more accessible within the wider community, through working with other organisations.
## **Achievements in 2020 – 2021**
1. **To operate as best possible during the Covid pandemic** . As with most performing arts organisations during this period, Oddments has been severely challenged by the Covid pandemic. We have not been able to perform in schools, prisons or in churches. Thankfully, with the use of video technology the team were able to produce and publish on YouTube a number of short sketches illustrating various biblical stories and principals. As lockdown
eased, we were also able to set up some audience pods within our performance space so that social distancing could be maintained. This has allowed us to run several performance based worship activities.
## **Fundraising**
Funding sources for the charity include donations principally through gifts & grants, revenue from performances (fees), and regular supporters under the ‘ _Friends of Oddments_ ’ prayer and support network of individuals.
## **Financial Review**
Thankfully, we were able to take advantage of the Government’s furlough scheme for our paid members of staff and latterly have placed our interns onto the Kickstart scheme, providing them with valuable work experience as well as securing income for Oddments to balance out the loss of revenue from performances. Together with some local government grants, we have been able to keep afloat and look forward to be being able to start up performances in the coming year.
**Signed Chair Date 18 January 2022**
Charity registration number: 1183188
## Oddments Theatre Company
Annual Report and Financial Statements
for the Year Ended 5 April 2021
Whites Chartered Accountants Suite 9 Yeovil Innovation Centre Barracks Close Copse Road Yeovil Somerset BA22 8RN
## **Oddments Theatre Company**
## **Contents**
|Independent Examiner's Report|1|
|---|---|
|Statement of Financial Activities|2|
|Balance Sheet|3|
|Notes to the Financial Statements|4 to 6|
## **Oddments Theatre Company**
## **Independent Examiner's Report to the trustees of Oddments Theatre Company**
I report on the accounts of the charity for the year ended 5 April 2021 which are set out on pages 2 to 6.
## **Respective responsibilities of trustees and examiner**
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
...................................... Whites Chartered Accountants
Suite 9 Yeovil Innovation Centre Barracks Close Copse Road Yeovil Somerset BA22 8RN
29 July 2021
Page 1
## **Oddments Theatre Company**
## **Statement of Financial Activities for the Year Ended 5 April 2021**
|**Note**
**Income and Endowments from:**
Donations and legacies
Investment income
3
Total income
**Expenditure on:**
Raising funds
Total expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
**Note**
**Income and Endowments from:**
Donations and legacies
Investment income
3
Total income
**Expenditure on:**
Raising funds
Total expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Unrestricted**
**funds**
**£**
113,660
21
113,681
(97,435)
(97,435)
16,246
36,357
52,603
**Unrestricted**
**funds**
**£**
171,906
122
172,028
(147,711)
(147,711)
24,317
29,104
53,421|**Total**
**2021**
**£**
113,660
21|
|---|---|---|
|||113,681|
|||(97,435)|
|||(97,435)|
|||16,246
36,357|
|||52,603|
|||**Total**
**2020**
**£**
171,906
122|
|||172,028|
|||(147,711)|
|||(147,711)|
|||24,317
29,104|
|||53,421|
Page 2
## **Oddments Theatre Company**
## **(Registration number: 1183188) Balance Sheet as at 5 April 2021**
|**Note**
**Fixed assets**
Tangible assets
7
**Current assets**
Debtors
Cash at bank and in hand
8
**Net assets**
**Funds of the charity:**
**Income funds**
Unrestricted funds
Restricted funds
Total funds
**Total funds**|**2021**
**£**
21,922
1,402
76,913
78,315
100,237
52,603
45,234
97,837
97,837|**2020**
**£**
28,298
-
53,293|
|---|---|---|
|||53,293|
|||81,591|
|||53,421
28,170|
|||81,591|
|||81,591|
The financial statements on pages 2 to 6 were approved by the trustees, and authorised for issue on 29 July 2021 and signed on their behalf by:
......................................... Anthony Braithwaite
......................................... Ian Stevenson ......................................... Letitia Mason ......................................... Michael Cox
Page 3
## **Oddments Theatre Company**
## **Notes to the Financial Statements for the Year Ended 5 April 2021**
## **1 Accounting policies**
## **Basis of preparation**
Oddments Theatre Company 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 notes.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
## **Asset class**
Equipment 25% reducing balance basis
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **2 Income from donations etc.**
|Gifts and donations
One off gifts
Grants
Sponsorship
Inland revenue charities aid
Other income
Church sponsorship
Children's work
Shows
**3**
**Investment income**
Interest receivable and similar income;
Interest receivable on bank deposits|**General**
**£**
21|**2021**
**£**
(54,416)
(18,385)
(19,000)
(5,200)
(8,932)
(927)
(1,150)
(2,517)
(3,133)
(113,660)
**Total**
**2021**
**£**
21|**2020**
**£**
(58,567)
(20,936)
(3,900)
(6,469)
(12,517)
(10,671)
(850)
(11,171)
(46,825)|
|---|---|---|---|
||||(171,906)|
||||**Total**
**2020**
**£**
122|
Page 4
## **Oddments Theatre Company**
## **Notes to the Financial Statements for the Year Ended 5 April 2021**
## **4 Expenditure on raising funds**
|Student sponsorship
Rent and premises costs
Insurance
Costumes, props, lighting and sound
Hall hire
Merchandise
Utilities
Printing, postage, stationery and advertising
Sundries
Motor and travel expenses
Exhibition expenses
Accountancy
Professional fees
Copyright
Bank charges
Depreciation|**Unrestricted**
**funds**
**General**
**£**
15,285
7,716
2,046
3,169
209
90
2,666
4,085
1,921
3,476
(100)
2,160
2,302
4,174
287
6,508
55,994|**Total**
**2021**
**£**
15,285
7,716
2,046
3,169
209
90
2,666
4,085
1,921
3,476
(100)
2,160
2,302
4,174
287
6,508
55,994|**Total**
**2020**
**£**
19,144
12,403
1,639
3,702
7
1,789
3,700
10,081
5,953
12,469
2,010
1,980
-
386
637
9,433|
|---|---|---|---|
||||85,333|
## **5 Staff costs**
The aggregate payroll costs were as follows:
## **Staff costs during the year were:**
Wages and salaries
|**2021**|**2020**|
|---|---|
|**£**|**£**|
|41,441|62,378|
Page 5
## **Oddments Theatre Company**
## **Notes to the Financial Statements for the Year Ended 5 April 2021**
## **6 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **7 Tangible fixed assets**
|**Cost**
At 6 April 2020
Additions
At 5 April 2021
**Depreciation**
Charge for the year
At 5 April 2021
**Net book value**
At 5 April 2021
At 5 April 2020
**8**
**Restricted funds**
Trailer
Christmas Appeal
Hiding Place deposits
Dan in the Den deposits
Emergency funds
Team fees
Counselling
Wing Walk fund
Future projects fund
Amazing Grace|**Equipment**
**£**
28,298
132||**Total**
**£**
28,298
132
28,430
6,508
6,508
21,922
28,298
**2021**
**£**
(350)
(118)
(2,851)
(250)
(10,000)
(2,775)
(120)
(745)
(24,125)
(3,900)|
|---|---|---|---|
||28,430|||
||6,508|||
||6,508|||
||21,922|||
||28,298|||
|||||
||||(45,234)|
Page 6
Oddments Theatre Company
Ind¢p¢ndeni Examiner'$ Report to th¢ trust¢e$ of Oddments Theatre Company
I report on the account5 of the charity for the year ended 5 April 2021 which Rre set out on pages 2 to 6.
Re5pectiTr'e resp0115ibilitie5 of trustees and examiTher
The irusiees are responsible for the preparaiion of the accounts. The trustees eonsider that an audit is not
required for this year under section 144(21 of the Charities Act 201 I (the 201 l Act) and that an independent
examination is needed.
It is my resplinsibility to..
examine the accounts under section 145 of the 2011 Act,.
to follow the procedures laid down in the generdl Directions given by the Charity Commission undei section
145(5Mb) of the 2011 Act; and
10 stste hether particular matters have come to my attention.
Basis of independent examiner's report
My exainiiiation was carried out in accordance with the general Directions given by the Charity Commission.
Ali exainiiiation includes a review of the accollntin¥ record5 kept by the charity aiid a compari501i of the
accounts presented with those records. It also iiicludes c0115ideration of aiiy unusual items or disclosures in the
accounts, and seeking explanations from you a5 trustees conceniin¥ any such matte[5. The procedure5
undertakeii do not provide all the evidence tliat would be required in ali audit and consequently no opinion 15
¥iven as to whether the accounts present a 'true and fair view and the report 15 limited to those matter5 Set out
in the next stateineiit.
Independent examiner's statement
In coiinectioii with my examiiiation: no inatter ha5 come to my attention..
{ l) which gives me reasonable cause 10 believe ihai in any material respect the requirements..
to keep ac¢ounting records in accordance with section 386 of the Compa]iies A¢t 2006: and
to prepare accounts which accord with the accountiiig record5, coinply with the accounting requirernents
of sectioii i96 of the Companies Act ?006 and Th'ith the inethod5 and principles of the Statement of
Recomineiided Practice.. Accounting and Reporting by Charities
have not been met; or
{2) to which: in my opinion, attention should be drawn in order to enabl¢ a proper iinderstgnding of th¢ accounts
to be reached.
Wl)iie
Chartered Accountants
Suite 9 Yeovil Innovatilin Centre
Barracks Close
Copse Road
Yeovil
Somerset
BA22 8RN
29 July 2021
Page I