2022-03-31-accounts - Gecko Theatre

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		Page
Introduction from the Chair ofTrustees
Report ofthe Trustees		2 to 10
Independent Examiner's Report
Statement of Financial Activities		12
Balance Sheet		13 to 14
Cash Flow Statement		15
Notes to the Cash Flow Statement		16
Notes to the Financial Statements		17 to 25
Detailed Statement of Financial	Activities	26 to 27

							31.3.22	31.3.21
					Unrestricted	Restricted	Total	Total
					fund	funds	funds	funds
								as restated
				Notes				f
INCOME AND ENDOWMENTS			FROM
Donations and	legacies			2	277,859	480,084	757,943	346,210
Charitable activities
Production and	participation	costs			145,048		145,048	66,041
Other income					84,848		84,848	32,590
Total					507,755	480,084	987,839	444,841
EXPENDITURE ON
Raising funds				4	3870		3,870	306
Charitable activities				5
Production and	participation	costs			414,752	290,417	705,169	378,455
Total					418,622	290,417	709,039	378,761
NET INCOME					89,133	189,667	278,800	66,080
Transfers between funds				16	(62,398)	62,398
Net movement	in funds				26,735	252,065	278,800	66,080
RECONCILIATION OF FUNDS
Total funds brought forward					251,863		251,863	185,783
TOTAL FUNDS	CARRIED	FORWARD			278,598	252,065	530,663	251,863

Gecko Theatre
Balance Sheet
31 March 2022
			31.3.22	31.3.21
				as restated
		Notes		F
FIXEDASSETS
Tangible assets		12	86,402	61,949
CURRENT ASSETS
Debtors			162,994	74,900
Cash at bank and	in hand		363,510	162,658
			526,504	237,558
CREDITORS
Amounts falling due within one year		14	(82,243)	(47,644)
NET CURRENT ASSETS			444,261	189,914
TOTAL ASSETS	LESSCURRENT
LIABILITIES			530,663	251,863
NET ASSETS			530,663	251,863
FUNDS		16
Unrestricted funds			278,598	251,863
Restricted funds			252,065
TOTAL FUNDS			530,663	251,863

				31.3.22	31.3.21
					as
					restated
		Notes			f
Cash flows from operating	activities
Cash generated from operations		1		234,034	162,670
Interest paid					(12)
Net cash provided by operating		activities		234,034	162,658
Cash flows from investing	activities
Purchase oftangible fixed assets				(33,182)
Net cash (used in)/provided	by	investing	activities	(33,182)
Change in cash and cash
equivalents in the reporting
period				200,852	162,658
Cash and cash equivalents	at	the
beginning ofthe reporting	period			162,658
Cash and cash equivalents	at	the
end ofthe reporting period				363,510	162,658

	ACTIVITIES
							31.3.22	31.3.21
								as
								restated
							f	f
	Net income	for the		reporting		period (as per the Statement
	of Financial	Activities)					278,800	66,080
	Adjustments	for:
	Depreciation	charges					8,728	1,106
	Interest paid							12
	Increase in debtors						(88,094)	(74,900)
	Increase in creditors						34,600	170,372
	Net cash provided			by operations			234,034	162,670
2.	ANALYSIS OF CHANGES				IN	NET FUNDS
						At 1.4.21	Cash flow	At 31.3.22
						E	6
	Net cash
	Cash at bank and		in	hand		162,658	200,852	363,510
						162,658	200,852	363,510
	Total					162,658	200,852	363,510

	Grants recei	ved, inc	lu	ded	in the abo	ve, are as follows	:
								31.3.22	31.3.21
									as
									restated
									f
	Arts Council	England		East				472,023	224,456
	Architectural	Heritage		Fund				25,000	10,671
	Garfield Weston							150,000
	Ipswich Borough Council							14,507	44,385
	Magic Me							22,029
	HMRC - Coronavirus			Job Recovery		Scheme		1,509	32,173
	Other grants							33,181	29,216
								718,249	340,901
3.	INCOME FROM CHARITABLE ACTIVITIES
								31.3.22	31.3.21
									as
					Activity			f	restated f
	Fees				Production	and participation	costs	95,048	16,041
	Commissions	receivable			Production	and participation	costs	50,000	50,000
								145,048	66,041
4.	RAISING FUNDS
	Raising donations		and legacies
								31.3.22	31.3.21
									as
								f	restated f
	Donation costs							3,870	306

							Support
						Direct	costs (see
						Costs	note 6) f	Totals f
	Production	and	participation
	costs					651,371	53,798	705,169
8.	SUPPORT	COSTS
							Governance
						Other	costs	Totals
						f		F
	Production	and	participation		costs	23,553	30,245	53,798
7.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)			is	stated after charging/(crediting):
							31.3.22	31.3.21
								as
								restated
							f	5
	Depreciation	-	owned assets				8,729
	Other operating		leases				3,600	2,100
	Independent	examiner's		fee			750

9.	STAFF COSTS	STAFF COSTS
											31.3.22	31.3.21
												as
												restated
											6	f
	Wages and salaries										208,297	182,017
	Social security costs										15,036	15,562
	Other pension costs										5,254	5,461
											228,587	203,040
	The average monthly		number	of	employees		during the		year was as		follows:
											31.3.22	31.3.21
												as
												restated
	Total											5
	The number of employees			whose		employee		benefits	(excluding		employer	pension costs)
	exceeded	860,000was:
											31.3.22	31.3.21
												as
												restated
	860,001 -	F70,000									1
10.	COMPARATIVES FOR THE			STATEMENT			OF	FINANCIAL ACTIVITIES
									Unrestricted		Restricted Total
									fund		funds	funds
									f		f	as restated 8
	INCOME AND ENDOWMENTS				FROM
	Donations	and legacies							346,210			346,210
	Charitable	activities
	Production	and participation		costs					66,041			66,041
	Other income								32,590			32,590
	Total								444,841			444,841
	EXPENDITURE ON
	Raising funds									306		306
	Charitable	activities
	Production	and participation		costs					378,455			378,455
	Total								378,761			378,761

for th	e Year Ended 31 M	arch 2022	arch 2022	arch 2022
10.	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
			Unrestricted	Restricted	Total
			fund	funds	funds
				as	restated
				f	f
	NET INCOME		66,080		66,080
	RECONCILIATION	OF FUNDS
	Total funds brought forward		185,783	185,783
	TOTAL FUNDS CARRIED
	FORWARD		251,863	251,863

TANGIBLE FIXEDASSETS
	Creation	Plant and	Computer
	Space 6	machinery 8	equipment 8	Totals f
COST
At 1 April 2021	28,486	23,956	10,954	63,396
Additions	33,182			33,182
At 31 March 2022	61,668	23,956	10,954	96,578
DEPRECIATION
At 1 April 2021		246	1,201	1,447
Charge for year		5,990	2,739	8,729
At 31 March 2022		6,236	3,940	10,176
NET BOOK VALUE
At 31 March 2022	61,668	17,720	7,014	86,402
At 31 March 2021	28,486	23,710	9,753	61,949

13.	DEBTORS	DEBTORS
							31.3.22	31.3.21
								as
								restated
								f
	Amounts	falling due within			one year:
	Trade debtors						30,351	3,944
	Other debtors						168	1,477
	Theatre	tax relief					117,437	32,588
	VAT							11,698
	Prepayments		and accrued		income		5,741	623
	Accruals						9,297
							162,994	50,330
	Amounts	falling due after			more than one year:
	Other debtors							24,570
	Aggregate amounts						162,994	74,900
14.	CREDITORS:		AMOUNTS		FALLING DUE WITHIN	ONE YEAR
							31.3.22	31.3.21
								as
								restated
							8	f
	Trade creditors						32,806	5,854
	VAT						8,162
	Accruals	and deferred		income			41,275	41,790
							82,243	47,644
15.	ANALYSIS OF NET ASSETS BETWEEN FUNDS
							31.3.22	31.3.21
								as
								restated
					Unrestricted	Restricted	Total	Total
					fund	funds	funds	funds
					f	f		f
	Fixed assets				25,086	61,316	86,402	61,949
	Current	assets			335,755	190,749	526,504	237,558
	Current	liabilities			(82,243)		(82,243)	(47,644)
					278,598	252,065	530,663	251,863

for th	e Year Ended 31 March 2	e Year Ended 31 March 2	022
16.	MOVEMENT IN FUNDS
					Net	Transfers
					movement	between	At
				At 1.4.21	in funds	funds	31.3.22
				f	E		f
	Unrestricted funds
	General fund			251,863	89,133	(62,398)	278,598
	Restricted funds
	Creation Space				157,567	33,182	190,749
	ACE Capital Grants for Creation
	Space				12,298	24,970	37,268
	AHF Capital Grant				(1,082)	4,246	3,164
	AHF/Crowdfunder	for Creation
	Space Capital				20,884		20,884
					189,667	62,398	252,065
	TOTAL FUNDS			251,863	278,800		530,663
	Net movement in funds,		included	in the above are as	follows:
					Incoming	Resources	Movement
					resources E	expended f	in funds
	Unrestricted funds
	General fund				507,755	(418,622)	89,133
	Restricted funds
	Creation Space				211,634	(54,067)	157,567
	Cultural Recovery				161,650	(161,650)
	Touring				73,618	(73,618)
	ACE Capital Grants for Creation
	Space				12,298		12,298
	AHF Capital Grant					(1,082)	(1,082)
	AHF/Crowdfunder	for Creation
	Space Capital				20,884		20,884
					480,084	(290,417)	189,667
	TOTAL FUNDS				987,839	(709,039)	278,800

			Net
			movement	At
		At 1.4.20 f	in funds f	31.3.21 f
Unrestricted	funds
General fund		185,783	66,080	251,863
TOTAL FUNDS		185,783	66,080	251,863

Compara	tive	net movement in funds,	included in the above are as	follows:
			Incoming	Resources	Movement
			resources 6	expended f	in funds 6
Unrestricted		funds
General	fund		444,841	(378,761)	66,080
TOTAL	FUNDS		444,841	(378,761)	66,080

for the Year	En	ded	31 March 2022
				31.3.22	31.3.21
					as restated
				f	5
INCOME AND		ENDOWMENTS
Donations	and legacies
Donations				39,694	5,309
Grants				718,249	340,901
				757,943	346,210
Charitable	activities
Fees				95,048	16,041
Commissions receivable				50,000	50,000
				145,048	66,041
Other income
Theatre tax	relief			84,848	32,590
Total incoming		resources		987,839	444,841
EXPENDITURE
Raising donations			and legacies
Donation costs				3,870	306
Charitable	activities
Wages and	salaries			208,297	182,017
Social security				15,036	15,562
Pensions				5,254	5,461
Rent				3,600	2,100
Training				1,154	1,954
Recruitment				3,992	752
Entertaining				180	156
Production	costs			64,330	8,190
Subcontractor		costs		213,919	62,615
Set freight				6,572	10,501
Royalties				2,200
Travel and	subsistence			119,028	29,380
Show marketing				7,809
				651,371	318,688

			31.3.22	31.3.21
				as restated
			E	f
Support costs
Other
Insurance			4,535	5,497
Telephone			1,138	1,305
Postage			10	215
Sundries			1,154	522
Stationery and printing				60
Computer expenses			3,716	2,562
Subscriptions			2,356	342
Bank charges			103	144
Office equipment	and maintenance		798	898
Office administration			1,015	144
Depreciation oftangible		fixed assets	8,728	1,106
			23,553	12,795
Governance costs
Accountancy fees			11,779	15,054
Professional fees			3,768	13,257
Advertising and PR			14,698	18,649
Bank interest				12
			30,245	46,972
Total resources expended			709,039	378,761
Net income			278,800	66,080