||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|lo|5|
|Independent
Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet|||||
|Notes to the Financial Statements||9|to|14|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|f|F||F|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||2,070||2,070|3,279|
|Charitable
activities||||||||
|Operation
oftheatre||||240,969|3,560|244,529|146,312|
|Total||||243,039|3,560|246,599|149,591|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Operation
oftheatre||||239,754|3,560|243,314|111,872|
|NET INCOME||||3,285||3,285|37,719|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought|forward|||37,719||37,719||
|TOTAL FUNDS CARRIED FORWARD||||41,004||41,004|37,719|
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||BALANCE SHEET|||
|---|---|---|---|
||31 INARCH 2022|||
|||2022|2021|
|CURRENT ASSETS||||
|Debtors||7,119|763|
|Cash at bank||60546|38853|
||||39,616|
|CREDITORS||||
|Amounts
falling due within one year|10|(26,661)|(1,897)|
|NET CURRENT ASSETS||41 004|37,719|
|TOTAL ASSETS LESSCURRENT||||
|LIABILITIES||41,004|37,719|
|NETASSETS||41,004|37,719|
|FUNDS|12|||
|Unrestricted
funds||41,004||
|TOTAL FUNDS||41,004||
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|||||||||2022
f|2021
6|
|---|---|---|---|---|---|---|---|---|---|
|Donations||||||||2,070|3,279|
|INCOME|FROM||CHARITABLE ACTIVITIES|||||||
|||||||||2022|2021|
||||||Activity|||E||
|Event Income|||||Operation|oftheatre||85,262|16,710|
|Bar &Cafe||Income|||Operation|oftheatre||27,286|424|
|Car Park|Income||||Operation|oftheatre||13,374|8,188|
|Grants|||||Operation|oftheatre||118,607|120,990|
|||||||||244,529|146,312|
|Grants received,|||included|m the above,||are as follows:||||
|||||||||2022|2021|
||||||||||E|
|Portsmouth||City|Council|||||22,381|15,000|
|Arts Council||||||||74,882|35,000|
|National|Lottery||||||||10,000|
|Historic England||||||||4,140|22,500|
|Theatre Trust||||||||800|14,280|
|Furlough
grant
PCC Covid Recovery||||||||4,404
12,000|8,853
15,357|
|||||||||118,607|120,990|
|CHARITABLE ACTIVITIES|||||COSTS|||||
|||||||||Support||
||||||||Direct|costs (see||
||||||||Costs|note 5)|Totals|
||||||||E|F|E|
|Operation||oftheatre|||||240,369|2,945|243,314|
|SUPPORT||COSTS||||||||
|||||||||Governance||
||||||||Finance|costs
f|Totals
f|
|Operation||of theatre|||||69|2,876|2,945|
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|Support costs|, included|in the above, are as follows|||
|---|---|---|---|---|
|Finance|||||
||||2022|2021|
||||Operation||
||||of|Total|
||||theatre|activities|
||||E|E|
|Bank charges|||69||
|Governance|costs||||
||||2022|2021|
||||Operation||
||||of|Total|
||||theatre
f|activities
f|
|Accountancy|and legal|fees|1,896|1,260|
|Legal and professional||fees|980|7,964|
||||2,876|9,224|
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|STAFF CO|STS|||
|---|---|---|---|
|||2022|2021|
|||6|E|
|Wages and salaries
Social security||84,366
4,901|28,699
2,278|
|Employers|pension costs|2,643||
|||91,910|30,977|
|The average|monthly
number ofemployees
duri|ng
the year was as follows:||
|---|---|---|---|
|||2022|2021|
|Operational|staff|4|4|
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||||FO|FO|R THE YEAR ENDED 31 MARCH 2022|R THE YEAR ENDED 31 MARCH 2022|R THE YEAR ENDED 31 MARCH 2022|||
|---|---|---|---|---|---|---|---|---|---|
||COMPARATIVES|FOR|THE||STATEMENT OF FINANCIAL ACTIVITIES|||||
||||||||Unrestricted|Restricted|Total|
||||||||fund|funds|funds|
|||||||||6|6|
||INCOME AND ENDOWMENTS|||||FROM||||
||Donations
and legacies||||||3,279||3,279|
||Charitable
activities|||||||||
||Operation
oftheatre||||||100,678|45,634|146,312|
||Total||||||103,957|45,634|149,591|
||EXPENDITURE ON|||||||||
||Charitable
activities|||||||||
||Operation
oftheatre||||||66,238|45,634|111,872|
||NET INCOME||||||37,719||37,719|
||TOTAL FUNDS CARRIED|||FORWARD|||37,719||37,719|
|9.|DEBTORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||||
|||||||||2022|2021|
||||||||||F|
||Trade debtors|||||||1,550|763|
||Prepayments
and|accrued||income||||5,569||
|||||||||7,119|763|
|10.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||||
|||||||||2022|2021|
|||||||||6|6|
||Trade creditors||||||||637|
||Taxation and social security|||||||486||
||Other creditors|||||||26,175|1,260|
|||||||||26,661|1,897|
|||||||||2022|2021|
|||||||||6|6|
||Brought forward|||||||||
||Amount released|to incoming|||resources|||||
||Amount
deferred|in year||||||16,676||
||Carried forward|||||||16,676||
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||||||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Unrestricted|Restricted|Total|Total|
||||||||||fund|funds|funds|funds|
||||||||||F|F|F|E|
||Current|assets|||||||67,665||67,665|39,616|
||Current|liabilities|||||||(26,661)||(26,661)|(1,897)|
||||||||||41,004||41,004|37,719|
|12.|MOVEMENT|||IN|FUNDS||||||||
||||||||||||Net||
||||||||||||movement|At|
|||||||||||At 1.4.21|in funds|31.3.22|
|||||||||||F|6|E|
||Unrestricted|||funds|||||||||
||General|fund||||||||37,719|3,285|41,004|
||TOTAL|FUNDS||||||||37,719|3,285|41,004|
||Net movement|||in funds,||included||in the|above are as follows:||||
|||||||||||Incoming|Resources|Movement|
|||||||||||resources|expended|in funds|
|||||||||||F|E|F|
||Unrestricted|||funds|||||||||
||General|fund||||||||243,039|(239,754)|3,285|
||Restricted funds||||||||||||
||Portsmouth||City||Council|||||3,560|(3,560)||
||TOTAL|FUNDS||||||||246,599|(243,314)|3,285|
||Comparatives||||for movement||in|funds|||||
||||||||||||Net||
||||||||||||movement|At|
||||||||||||in funds|31.3.21|
||||||||||||F|F|
||Unrestricted|||funds|||||||||
||General|fund|||||||||37,719|37,719|
||TOTAL|FUNDS|||||||||37,719|37,719|
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|Compara|tive
|net movement
in funds,
inc|luded
in the above are as follows:|||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||E|E|E|
|Unrestricted||funds||||
|General|fund||103,958|(66,239)|37,719|
|Restricted funds||||||
|Furlough|grant||8,853|(8,853)||
|Theatre|Trust||14,280|(14,280)||
|Historic|England||22,500|(22,500)||
||||45,633|(45,633)||
|TOTAL|FUNDS||149,591|(111,872)|37,719|
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