|||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|
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||||||||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|
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||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|
##
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##
||||||||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|