## **Oddments Theatre Company Annual Report April 2021 to March 2022** Charity number: **1183188** ## **Charity’s principal address** Oddments Theatre Co. Birchfield Church Birchfield Road Yeovil BA21 5RL ## **Trustees:** Anthony Braithwaite – Chair, Ian Stevenson, Michael Cox, Rosie Stewart ## **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 2021-2022** 1. With the gradual easing of Covid restrictions, we were able to perform in schools over the summer of 2021. 2. In the autumn and winter of 2021-2022, a tour of the Hiding Place was able to be taken to churches. 3. At the end of the financial year, the spring of 2022 began a new, successful and well-received production The Road to the Cross which toured churches and prisons throughout England. This was the charity’s first full return to prison’s work after the pandemic. ## **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** While the financial challenges faced due to the pandemic are still in evidence, a return to touring from late 2021 has helped us to continue our vital prisons work. Our supporters continue to make this work possible, and we look forward to touring future productions in churches, schools and prisons in the year ahead. **----- Start of picture text -----**
Signed Chair
**----- End of picture text -----**
**Date 26 January 2023** Charity registration number: 1183188 ## Oddments Theatre Company Annual Report and Financial Statements for the Year Ended 5 April 2022 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 2022 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 5 October 2022 Page 1 ## **Oddments Theatre Company** ## **Statement of Financial Activities for the Year Ended 5 April 2022** |**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**
**£**
156,253
31
156,284
(133,943)
(133,943)
22,341
32,428
54,769
**Unrestricted**
**funds**
**£**
113,660
21
113,681
(97,435)
(97,435)
16,246
36,357
52,603|**Total**
**2022**
**£**
156,253
31| |---|---|---| |||156,284| |||(133,943)| |||(133,943)| |||22,341
32,428| |||54,769| |||**Total**
**2021**
**£**
113,660
21| |||113,681| |||(97,435)| |||(97,435)| |||16,246
36,357| |||52,603| Page 2 ## **Oddments Theatre Company** ## **(Registration number: 1183188) Balance Sheet as at 5 April 2022** |**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**|**2022**
**£**
16,347
-
103,831
103,831
120,178
54,769
65,409
120,178
120,178|**2021**
**£**
19,522
1,402
76,913| |---|---|---| |||78,315| |||97,837| |||52,603
45,234| |||97,837| |||97,837| The financial statements on pages 2 to 6 were approved by the trustees, and authorised for issue on 5 October 2022 and signed on their behalf by: ......................................... Anthony Braithwaite ## I.K.Stevenson ......................................... Ian Stevenson ## R Stewart ......................................... Rosemary Stewart ## Michael Cox ......................................... Michael Cox Page 3 ## **Oddments Theatre Company** ## **Notes to the Financial Statements for the Year Ended 5 April 2022** ## **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|**2022**
**£**
(60,544)
(32,790)
(1,500)
(860)
(11,696)
(35,771)
-
(2,570)
(10,522)
(156,253)|**2021**
**£**
(54,416)
(18,385)
(19,000)
(5,200)
(8,932)
(927)
(1,150)
(2,517)
(3,133)| |---|---|---| |||(113,660)| ## **3 Investment income** |Interest receivable and similar income;
Interest receivable on bank deposits|**General**
**£**
31|**Total**
**2022**
**£**
31|**Total**
**2021**
**£**
21| |---|---|---|---| Page 4 ## **Oddments Theatre Company** ## **Notes to the Financial Statements for the Year Ended 5 April 2022** ## **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**
**£**
11,872
4,146
2,254
9,337
13
1,541
3,851
9,199
4,288
6,448
1,984
2,480
1,058
214
402
5,449
64,536|**Total**
**2022**
**£**
11,872
4,146
2,254
9,337
13
1,541
3,851
9,199
4,288
6,448
1,984
2,480
1,058
214
402
5,449
64,536|**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| **5 Staff costs** The aggregate payroll costs were as follows: ## **Staff costs during the year were:** Wages and salaries |**2022**|**2021**| |---|---| |**£**|**£**| |69,407|41,441| Page 5 ## **Oddments Theatre Company** ## **Notes to the Financial Statements for the Year Ended 5 April 2022** ## **6 Taxation** The charity is a registered charity and is therefore exempt from taxation. ## **7 Tangible fixed assets** |**Cost**
At 6 April 2021
Additions
Disposals
At 5 April 2022
**Depreciation**
Charge for the year
At 5 April 2022
**Net book value**
At 5 April 2022
At 5 April 2021
**8**
**Restricted funds**
Hiding Place copyrights
Hiding Place deposits
Emergency funds
Counselling
Building fund
Future projects fund
Road to the Cross
Legal Fees|**Equipment**
**£**
19,523
2,523
(250)
21,796
5,449
5,449
16,347
19,523|**Equipment**
**£**
19,523
2,523
(250)
21,796
5,449
5,449
16,347
19,523|**Total**
**£**
19,523
2,523
(250)
21,796
5,449
5,449
16,347
19,523
**2022**
**£**
225
1,767
10,000
120
24,395
25,303
2,849
750| |---|---|---|---| ||21,796||| ||5,449||| ||5,449||| ||16,347||| ||19,523||| ||||| ||||65,409| Page 6 **Signature:** Rosie Stewart (Nov 10, 2022 07:45 GMT) **Email:** rosiestewart@hotmail.com **Signature:** IAN KEITH STEVENSON (Nov 10, 2022 12:23 GMT) **Email:** stevenson6507@aol.com **Signature:** **Email:** mike_cox40@hotmail.com Charity registration number: 1183188 ## Oddments Theatre Company Annual Report and Financial Statements for the Year Ended 5 April 2022 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 2022 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 5 October 2022 Page 1 ## **Oddments Theatre Company** ## **Statement of Financial Activities for the Year Ended 5 April 2022** |**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**
**£**
156,253
31
156,284
(133,943)
(133,943)
22,341
32,428
54,769
**Unrestricted**
**funds**
**£**
113,660
21
113,681
(97,435)
(97,435)
16,246
36,357
52,603|**Total**
**2022**
**£**
156,253
31| |---|---|---| |||156,284| |||(133,943)| |||(133,943)| |||22,341
32,428| |||54,769| |||**Total**
**2021**
**£**
113,660
21| |||113,681| |||(97,435)| |||(97,435)| |||16,246
36,357| |||52,603| Page 2 ## **Oddments Theatre Company** ## **(Registration number: 1183188) Balance Sheet as at 5 April 2022** |**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**|**2022**
**£**
16,347
-
103,831
103,831
120,178
54,769
65,409
120,178
120,178|**2021**
**£**
19,522
1,402
76,913| |---|---|---| |||78,315| |||97,837| |||52,603
45,234| |||97,837| |||97,837| The financial statements on pages 2 to 6 were approved by the trustees, and authorised for issue on 5 October 2022 and signed on their behalf by: ......................................... Anthony Braithwaite ## I.K.Stevenson ......................................... Ian Stevenson ## R Stewart ......................................... Rosemary Stewart ## Michael Cox ......................................... Michael Cox Page 3 ## **Oddments Theatre Company** ## **Notes to the Financial Statements for the Year Ended 5 April 2022** ## **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|**2022**
**£**
(60,544)
(32,790)
(1,500)
(860)
(11,696)
(35,771)
-
(2,570)
(10,522)
(156,253)|**2021**
**£**
(54,416)
(18,385)
(19,000)
(5,200)
(8,932)
(927)
(1,150)
(2,517)
(3,133)| |---|---|---| |||(113,660)| ## **3 Investment income** |Interest receivable and similar income;
Interest receivable on bank deposits|**General**
**£**
31|**Total**
**2022**
**£**
31|**Total**
**2021**
**£**
21| |---|---|---|---| Page 4 ## **Oddments Theatre Company** ## **Notes to the Financial Statements for the Year Ended 5 April 2022** ## **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**
**£**
11,872
4,146
2,254
9,337
13
1,541
3,851
9,199
4,288
6,448
1,984
2,480
1,058
214
402
5,449
64,536|**Total**
**2022**
**£**
11,872
4,146
2,254
9,337
13
1,541
3,851
9,199
4,288
6,448
1,984
2,480
1,058
214
402
5,449
64,536|**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| **5 Staff costs** The aggregate payroll costs were as follows: ## **Staff costs during the year were:** Wages and salaries |**2022**|**2021**| |---|---| |**£**|**£**| |69,407|41,441| Page 5 ## **Oddments Theatre Company** ## **Notes to the Financial Statements for the Year Ended 5 April 2022** ## **6 Taxation** The charity is a registered charity and is therefore exempt from taxation. ## **7 Tangible fixed assets** |**Cost**
At 6 April 2021
Additions
Disposals
At 5 April 2022
**Depreciation**
Charge for the year
At 5 April 2022
**Net book value**
At 5 April 2022
At 5 April 2021
**8**
**Restricted funds**
Hiding Place copyrights
Hiding Place deposits
Emergency funds
Counselling
Building fund
Future projects fund
Road to the Cross
Legal Fees|**Equipment**
**£**
19,523
2,523
(250)
21,796
5,449
5,449
16,347
19,523|**Equipment**
**£**
19,523
2,523
(250)
21,796
5,449
5,449
16,347
19,523|**Total**
**£**
19,523
2,523
(250)
21,796
5,449
5,449
16,347
19,523
**2022**
**£**
225
1,767
10,000
120
24,395
25,303
2,849
750| |---|---|---|---| ||21,796||| ||5,449||| ||5,449||| ||16,347||| ||19,523||| ||||| ||||65,409| Page 6 **Signature:** Rosie Stewart (Nov 10, 2022 07:45 GMT) **Email:** rosiestewart@hotmail.com **Signature:** IAN KEITH STEVENSON (Nov 10, 2022 12:23 GMT) **Email:** stevenson6507@aol.com **Signature:** **Email:** mike_cox40@hotmail.com