||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||I|to|6|
|Report ofthe Independeat
Auditors||7|to|9|
|Consollduted
Statenient ofFinancial|Activities||10||
|Consolidated
Balance Sheet|||||
|Consolidated
Cash Flow Statement|||12||
|Notes to the Consolidated
Cash Flow|Statement||l3||
|Notes to the Consolidateil
Financial Statements||l4|to|2l|
|Detailed Statement
ofFinancial Achvitics||22|lo|23|
##
##
##
##
##
##
##
##
##
||||||2021|2021|||021|||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||U|cstrlctul|Rrtl|Ict 'd||Unr stnctcd|Ke Incled|||
|||||Fa
d
5|Fu I I
s||Total
8|f A
f|Funds(||7ul*l
I|
|I come end Endo»ment|fr m:|Itales||||||||||
|Donations
and lcgamcs||||14,9'10||5,165|80,085|56,746||6 9|57,375|
|Charitable scli ilia||||||||||||
|Praduciion||||369,726|||369,726|tgg,gst|||188,857|
|OI nls||||470,869||40,375|511,244|224Xo|24,370||?48,370|
|Theatre school||||37,037|||37,037|||||
|Other Irsding
eon vs ties||||19,1'516|||19,156|||||
|Rc tat Income
Omar mcome|||6l,253
~413936||||6I,?53
413.936|7,3M
96 559|||73M
96,559|
|Tols I||||1,426,897||CC,SIO|1.472,437|573,462|?4,999||598,46 I|
|Ecpcndilure on:||||||||||||
|Ratsmg funds||||31,539|||3I,539|||||
|Chalttablc
&ctlvitles||||||||||||
|Pruductton||||744.199||40,375|784,574|234638|4|370|259 (,08|
|Ou cmuncc||||I BEG?|||18c63|6,87'I|||6,877|
|PafroR custs||||254,076|||251,076|I56,944|||156,944|
|Pronate curls||||4,100|||4$00|C,MO|||4 OtlO|
|Ptcmiscs costs||||92,017|||SE017|96,955|7,021||103,976|
|Other||||179419|||179D?9|242?9|||?CD?9|
|To 1at||||ID?C.IM||40,375|ID64,498|5EE643|31,39I||555,034|
|Net Income/(cspcnditure)||||102,774||5,I65|107,937|49,819|(6,39 I||43,745|
|Tmnsfers
benvccn funds|||||||||( 1,27D|||
|Ncl movemcut
i» funds||||102,774||4,16S|107,939|74,095|()0668)||43,745|
|RECOCILIATION OF|FU'IDS|||||||||||
|Total funrb brought forusrd||||80,932||2.629|BSDGI|6 519|||39816|
|Total fuods carried for»&rd||||IIO,706||7,794|191,500|80932|,6 9||8356I|
##
|||Group||Chorlti'||
|---|---|---|---|---|---|
||Notes|2022
y.|2021
f|2022|2021
f|
|FINED ARIRTS
Tangible assets|12|55/70|66,185|52 056|62 808|
|Invcstmcnts|13|S5,(70|66,185|(2,057|62,809|
|CURRENT ASSETS
Debtors||IJ,097|10,051|29,174|10,051|
|Payments
and accrued incoiue
Cash ol bank gnd in hsiul||169,35(
309,607
492,059|245,881
255,932|169,355
251,410
J49,939|239,253
249304|
|CREDITORS
Amounts
falling duc v;irhm ooc year|15|~2J5,986|(154,341)|(20J,539)|1147000)|
|NET CURRKVT ASSETS /( I,IA0ILITIES)||246,073|167,776|246,400|)0'-,004|
|TOT ILASSETS LESSCURDS VT LIADILf (if5||301,6J3|167,776|298 457|161813|
|CREDITORS||||||
|Amounts
fag ing due after morc Ihon one year||~(110 I J3|(84 215)|||
|NFT ASSETS||191,500|SJJ61|iggnUJ||
|FUiVDS
Unrcstrictcd
iiinds
Restricted funds
TOTAL FUNDS|18|183,706
7,794
191,500|80,932
2,629
83,561|180,520
7,794
189,314|77,969
2,629
80,598|
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||||||Nutm||f|
|Cosh flows front opernting||activities||||||
|Cash generated
I'rom nperatiuns
Interest paid||||||40,191
~400)|134,912
~4021)|
|Net cash (used in)/provided||by opemting||activittcs||35,991|130.921|
|Cash flotvs from investing||activities||||||
|Purchase oftnngiblc
lixed|assets|||||~5,710)|(38.528)|
|N I cash us
d in investing|aclivi(ies|||||~5,710)|(38,528)|
|Cash llows from flnancing||activitics||||||
|Ncw loans
in yenr
I.onn rellaymcnts
in year||||||43,500
~10,055)|L4.475)|
|Net cash provided
byl (used||in) financmg||activilies||~33445|(4,475)|
|Change
in cash and cash equivalents|||in|the||||
|repurting
period
Cash nnd cash equivalents
the reporting
period||at the beginning|||uf|63,726
~245881|87,918
157963|
|Cash nnd cash equivalents||nt the end|ol'tlte|||||
|reporting
period||||||~309607|245.881|
|RECONCH. IATION OF NET INCOiVIE TO NFT CASH FI.OW FROVI OPERATING ACTIVITIES
2022|RECONCH. IATION OF NET INCOiVIE TO NFT CASH FI.OW FROVI OPERATING ACTIVITIES
2022|RECONCH. IATION OF NET INCOiVIE TO NFT CASH FI.OW FROVI OPERATING ACTIVITIES
2022|RECONCH. IATION OF NET INCOiVIE TO NFT CASH FI.OW FROVI OPERATING ACTIVITIES
2022|2(l'21|
|---|---|---|---|---|
||||f|1|
|Net income fur the reporting
Activities)|period|(as per tlie Stsrcment of Financial|107,939|43,745|
|Adjustnients
for:|||16325|18,179|
|Depreciation
charges
Interest paid
Increase
in debtors
Incrcasc in creditors|||4,200
(168,303)
~80 030|4,021
(22,718)
~91 715|
|Net cAsh (used in)/provided|by operations||~40 191|131.942|
##
|ANALYSIS OF CHA'i|G|ES
IN NET FUNDS||||
|---|---|---|---|---|---|
||||At 1.4.21
f|Cash flowf|At 31.3.22
f.|
|Net cash
Cash at bank ond in hand|||245,881|63,726|309,607|
||||245,881|63,726|309,607|
|Debt
Debts falling due within
Debts falling due aflcr|I|I year
year|(10,456)
~84 215)|(7$17)
~25,928)|(17,973)
{110,143)|
||||~94,671)|~33 445)|{128116)|
|T|||144,582|~21 288)|123294|
##
##
##
##
##
##
||DONATIONS
AND|LEGAC|IES||||||
|---|---|---|---|---|---|---|---|---|
||||kfnreslricted
I'unde
E|R|stnclcd
I'ands
f.|Total
2022
f|Unrestrtcted
Funds
f
R«striclcd
Funds
f|Total
2021
f|
||Donations
Subscriptions||35,9 12
~ 8,978||5,165|41,107
8,978|47,367
9,379
629|47,996
9,379|
||||44,920|~5196||50,085|~56 746
629|~57 375|
||OTHFRTRADIiVG|ACTIVITIES|||||2022|2021|
||Fundraising
events
Shop income
Advertising||||||9,767
19,104
285||
||||||||~29 156||
|4.|RENTAL INCOG( F.||||||2022f|2021
f|
||Theatre
hrte||||||~GI 7.53|7,300|
|SL|INCOME FROill CHARITABLE ACTIVITIES||||||2022|2021|
||Ttckct sales
I'rogrammc
sales nnd
Ttckel bookntg
I'ecs
(innts
Theatre
school|march|Activity
Production
Protluction
Produetinn
Gronts
Protluc(Iorr||||f
369,793
3,290
37,018
470,8G9
~37037|175,012
10,567
3,278
248,370|
||||||||918,007|437227|
||(iran ts rccetvable cere'||llnr 'strictml
I utttls
E|Itcvtrictcd
Funds
f||Tnt aI
2022|Httrcstrictcd
I.unde
Restricted
Funds
f|Total
2021
k|
||tvICC Covid Grams
AAs Council En land
Grand Trust
National I.nner&
Ke& Ituntl
3ke I ov e I 1anctn ster||6E46!
:118,165
19,86G||25,375
I5,000|6'2,463
343,540
15,000
49,86G|IM,UOI)
5,000
50,0tkl
I 000
24,370|192,370
5,000
10,000
1,000|
||||-130,49.1||40,375|470,869|224,0110
21,370|'248,370|
##
|Other trading|Other trading|activities|||
|---|---|---|---|---|
||||2022|2021|
||||E|E|
|Purchases|||7,539||
|Coosultnncy|t'ccs||24,000||
||||31,539||
##
|CIIARITABLE AC)1V|ITIES COSTS||||||
|---|---|---|---|---|---|---|
||Direct|Support|Total|Direct|Support|Total|
||costs|coals|2022|coals|coals|2021|
||E|f|P.|E.|/.|f|
|Production|781,685|2,889|784,574|259,008||259,008|
|('ovcmancc||18,563|18,563||6,877|6,877|
|Payroll custs||254,076|254,076||156,944|156,944|
|Finance costs||4.200|4,200||4,000|4,000|
|Premises costs|92,017||92,017|103.976||103,976|
|Other|179,529||179,529|24.229||24,229|
||1,053,231|279,728|~I,332 959|387,213|167,821|555,034|
##
|SUPPORT COSIS|||||
|---|---|---|---|---|
|||Human|Governance||
||Finuncc
f|recon/ccsf|costsf|TnfaLs
f|
|Production||2,889||2,889|
|Governance|||18463|18,563|
|Payroll costs||219,625||219,625|
|Finance costs|4 200|||4,200|
||~4200|222,514|18,563|245,277|
##
##
##
|12|TANGIBLE FIXEDASSETS|TANGIBLE FIXEDASSETS||||||
|---|---|---|---|---|---|---|---|
||( louis:||Plant mid|I imures R|Computer|||
||||machinery|fillings|cquipmcni||Tolnls|
||||6|I|8||6|
||COST|||||||
||At 1st April 2021||65,691|20,136|10,0 11||95,871|
||Additions||4,691|656|360||5,710|
||At31 Starch'f022||70,388|20,792|~tg 401|101,581||
||DEPRECIATION|||||||
||Al
I April 2021||19,536|6,771|3,379||29,686|
||Charge for year||10,178|2 805|3,.342||16325|
||At Mmvh 2022||29,714|9,576|6,721||46,011|
||NET BOOK VALUF.|||||||
||At 31 March 2022||40,674|11,216|3,680||55,570|
||At h(arch 2021||46.158|13,365|6,662||66,185|
||Charity:||Pfun t mid|I istures R|Comto i ter|||
||COST||machinery(|fittings
2|cquipniciit(|Totals
5||
||At 1st April 202I||63,442|18,233|9,592|91,267||
||Additions||4,694||||4,694|
||At 31 March 2022||68,136|18,233|~9592|95,961||
||DEPRECIATION|||||||
||Al
I April 2021||19,085|6,085|3,289|28,459||
||Charge (oryear
At March 2022||9,818
28,903|2.430
8,515|3,198
~6 487|15,446
43,905||
||NET BOOK VALUE|||||||
||At 31 March 2022||39,233|9,718|3,105|52,056||
||At March 2021||44,357|12,148|6,303|62,808||
|13|FIXFDASSF1SINVESThfENI'S|||||||
|||||||Shores|in|
|||||||gi'oup||
|||||||undertakings||
||GIARKET VALUE|||||||
||At April 2021 K March 2022|||||I||
||iVET BOOK VAI.UE|||||||
||Ai March 2022|||||||
||There ivere no invcsuncnts|outside thc liK||||||
##
##
##
##
|Nature ofhusiness.
Trading subsidiary
1|001'/ lnildmg ofOrdinary
Stmrcs||
|---|---|---|
|Profit nad loss account|2022|2021|
|||1|
|Turnover
Cost ofsales and adminisirntion
Opernting
profit
Amount
giR aided to charity
Rcatined
in subsidiary|195,279
~181,056)
14,223
~(14,000
223|10,436
(9,804)
63'2
(1,000)
(368)|
|Bnlnnce sheet|||
|I ised assets
Currmit
assets
Current
liabilities
Total Assets|3,515
60,697
~61,026)
3,186|3,377
29,302
~(29,716
2,963|
##
||||2021|Group|2021|2021|Charity|2021|
|---|---|---|---|---|---|---|---|---|
||||||8|8||2|
|Trade debtors|||13,097||10,051|10/97||10,051|
|Amouns|orred by group|undertakings|13,097||10,051|18$77
29,174||10,051|
##
|CREDITORS: AMOUNTS
FALLTNG|DUE )YFTHI|N OiVE Y|EAR||||
|---|---|---|---|---|---|---|
||2022|Group|2021|2022|Chnrity|2021|
||8|||8||f.|
|Other loans (s"cnote 17)
'I md c creditors
Auiounts
oived to group undenakings
Social security
and other raver
Giber creditors
Dcl'orred
income
Accrued
cnpcnsns|17,973
13,494
6,207
2,695
192,867
I2,750
24%,986||10,456
5,858
3,664
124,844
9,519
154,34 1|\7,973
13,254
2,695
160,967
8,650
703,539||10,456
22,675
2,889
366-1
100,147
7,469
147,300|
|CRED|ITO|RS|: A~I|OUVTS IrALLI|IG DUE AFTER|AIORF.|HAN
DIVE)EA|R|||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Group|||Charity||
||||||2022||21021
f.|2022
5||2112 1
(|
|fiihcr|tonne|la|rnui|171|110,143||81,215|110,143||84,215|
##
##
||An anal)sls of the maturity|o( tonne
ls glvco belo v:||2022|2021|
|---|---|---|---|---|---|
|||||(|(|
||Amounts
falltng duc within
Other loans|ono year on donand.||17,973|10.456|
||Aniounts
falling betivecn onc nnd uvu years:
Other loaiu. 1-2 years|||17,973|10,456|
||Anmunts
fallmg due bctivccn nvo and five years
Other loins - 2-5 years|||53,918|31J69|
||Ameunts
(aRing due In more than live years:|||||
||gepaysblo
by instsimenrs:|||38,252|42,390|
|lll|hlOVEMENT
IN FUNDS||At 01 04.21|Net niov
menr|AI 31.03.22|
|||||in funds||
||Unrestricted
(unde
General
I'und||80,932|102,774|8
103,706|
||Restricted fuods|||||
||First Curtaio||2,629|5,165|7,794|
||Tum On Fcstivai|||||
||The
'iv is||2,629|5,165|~7794|
||||83,561|107,939|191,500|
||Nct movennnt
la Ponds included
in thc abovo are as t'olloivs:|||||
||||Incoming|Rcsuurces|hlovement|
||Unrestricted
(ands
Gcncral
tiunl||remurccs
(
1,426,897|expended
(1,321,1231|In funds(
102,774|
||Restricted
funds
First Curtain||5, IG5||5, 165|
||Turn On fcstiml||16,430|(16,430)||
||The Wtz||23,945
45,540|(23945)
(40.375)|5,165|
||TOTAI. FUNDS||1 472 437|~(I,364 498)|107,939|
##
##
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||UrtrcslrKtcrl|Rmtrictcd|Total|Total|
||||I'unds|I'unde|(uruls|frlllrls|
||||l|f.|K|5|
|INCOi&IE AND||ENDOrrVhtgtv TS|||||
|Donations
and|legacies||||||
|Donalions
Subscriptions|||49,942
~8978|5,165|55,107
~8978|48,996
9379|
||||58,920|5,165|64,085|'.IS,375|
|Other trading|activities||||||
|Fundruising
evenls|||9,767||9,767||
|Shop income|||19,104||19,104||
|Advertising
Theatre School|||285
~37037||285
37,037||
||||66,193||66,193||
|Rental income|||||||
|'Iheatre
hire|||61,253||61,253|7,300|
|Charitable
actlvltles|||||||
|Grants|||430,494|40,375|470,869|248,370|
|Ticket sales|||369,793||369,793|175,012|
|Programme
sales and mercb
Ticket booking (ees|||3,190
37,018||3,190
~37018|10,(67
3278|
||||840,595|40475|880,970|437,227|
|Other income|||||||
|Management
charges|||69,035||69,035|S,ooo|
|IRS Grant|||17,210||17,210|80,934|
|SSPGrant||||||189|
|Theatre Tax Relief|||1,32,412||132,412||
||||~2I8657||218,657|86 123|
|Total incoming||resources|1,245,618|45,540|1,291,158|589,025|
|EXPENDITURE|||||||
|Other trading|activities||||||
|Purchases|||7/39||7,539||
|Consultanc&
fees|||24,000||24,OSO||
||||31539||31,539||
|Charitable
activities|||||||
|I.lire ofplant and||machinery|38,438||38,438|23,996|
|Rent olid rrltcs|||36,412||36,422|22,929|
|Insurance|||IO,BS2||10,882|6,070|
|Carried
forrvard|||tl5,742||85,742|SZ,995|
##
||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||(lnr|siricted|Rrstricl|d|Total|Tolal|
|||||Riiiils|I'unde||tunds|funds|
|||||1||f.|f|f|
|Chnritable
activities|||||||||
|Brought
forward||||85,742|||85,742|52,995|
|Lightand
heat||||5,592|||5,592|2,288|
|Telephone||||I,G53|||1,653|1,616|
|Postage and stationery||||6,072|||6,072|3,892|
|Advertising
and mcrch||||44,572|||44,572|40,500|
|Sundries||||716|||716|13|
|Box olTice||||65,547|||65,547|39,844|
|Prc.producuon
cxpenscs||||358,622|40,375||398,997|100,294|
|Artist travel dt accomniodation||||4,258|||4,258|2,611|
|Artists||||175,63G|||175,636|31,488|
|Set, costunic and props||||27,948|||27948|14,842|
|Theatre staff||||||||14,0G5|
|Computer
expenses||||1,797|||1,797|1,895|
|Repair and maintenance||||39,082|||39,082|33,421|
|Waste disposal||||3,467|||3,4G7|5,638|
|Entertainment
and incentives||||5,871|||5,871|1,200|
|Licence and subscriptinns||||5,126|||5,126|1,641|
|Other (ravel||||8,292|||8,292|1,965|
|Website expmises||||7,000|||7,000|174|
|Cleaning||||||||135|
|Health and safety||||3,812|||3,812|14,571|
|Plant ond machinery||||9,819|||9,819|11,100|
|Fixtures and littings
Computer
equipmcnt||||2,430
3 197|||2,430
~3197|3,037
3.197|
|||||866,251|40,375||906,626|382,422|
|Support costs|||||||||
|Finance|||||||||
|Otherlnterest||||||||21|
|Bank loan Inlcrest|||~4200||||4300|4,000|
|||||4,200|||4,200|4,021|
|Huinau
resources|||||||||
|Wages||||207,693|||207,693|145,328|
|Social security||||11,595|||11,595|4,417|
|Pensions||||3,226|||3,226|2 228|
|||||222,514|||222 514|151,973|
|Governance
costs|||||||||
|Auditors'
remuneration||||3,000|||3,000||
|Auditors'
romuncration|for non-audit|work||||||5,064|
|Accountancy
(ces
Legalfces|||7,970
~7593||||7,970
7,593|1,800|
|||||18563|||~tg 563|6,864|
|Total resources expended|||~II43 067||~40|75|1,183,442|545,280|
|Nel income|||~I02 551||5,165||~107 716|4L745|