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|||Page||
|---|---|---|---|
|Report of the Trustees|I|to|3|
|IndependentExaminer's Report||4||
|Statement of Financial Activities||5||
|Balance Sheet||6||
|Cash Flow Statement||7||
|Notes to theCash Flow Statement||8||
|Notes to the FinancialStatements|9|to|15|
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|Audience fi|gures|||||
|---|---|---|---|---|---|
|||Performances|Performances|Seats Sold|Seats Sold|
|||2023|2022|2023|2022|
|Footlights||37|39|12,277|10,840|
|Community|groups|27|35|9,763|7,961|
|Professional|acts|147|123|47,809|37,761|
|Total||211|197|69,849|56,562|
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||||Period|
|---|---|---|---|
||||25/4/22|
|||Year Ended|to|
|||31/12/23|31/12/22|
|||Unrestricted|Total|
|||funds|funds|
||Notes|||
|INCOME AND ENDOWMENTS FROM||||
|Donations and legacies|2|14,388||
|Other trading activities|3|402,676||
|Investment income|4|85||
|Other income||123,609||
|Total||540,758||
|EXPENDITURE ON||||
|Raising funds|5|288,975|400|
|Charitable activities|6|||
|Amateur performances||25,436||
|Community and Professional Lets||69,079||
|Total||383,490|400|
|NET INCOME/(EXPENDITURE)||157,268|(400)|
|Funds transferred from prior entity|15|732,341||
|Net movement in funds||889,609|(400)|
|RECONCILIATION OF FUNDS||||
|Total funds brought forward||(400)||
|TOTAL FUNDS CARRIED FORWARD||889,209|(400)|
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|||2023|2022|
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
||Notes|||
|FIXED ASSETS||||
|Tangible assets|11|117,821||
|CURRENT ASSETS||||
|Stocks|12|9,155||
|Debtors|13|199,023|1,009|
|Cash at bank and in hand|||94 499|
|||1,271,062|95,508|
|CREDITORS||||
|Amounts falling due within one year|14|(499,674)|(95,908)|
|NET CURRENT ASSETS/(LIABILITIES)||771,388|(400)|
|TOTAL ASSETS LESS CURRENT||||
|LIABILITIES||889,209|(400)|
|NET ASSETS/(LIABILITIES)||889,209|(400)|
|FUNDS|15|||
|Unrestricted funds:||||
|General fund||432,731|(400)|
|Designated Appeals Fund||456,478||
|||889,209|(400)|
|TOTAL FUNDS||889,209||
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|||Period|
|---|---|---|
|||25/4/22|
||YearEnded|to|
||31/12/23|31/12/22|
|Notes|||
|Cash flows from operating activities|||
|Cash generated from operations|359,653|94,499|
|Funds transferred from prior entity|732,341||
|Net cash provided by operating activities||94,499|
|Cash flows from investing activities|||
|Purchase oftangible fixed assets|(123,694)||
|Interestreceived|85||
|Net cash (used in)/provided by investing activities|(123,609)||
|Change in cash and cash equivalents in the|||
|reporting period|968,385|94,499|
|Cash and cash equivalents at thebeginning|||
|ofthe reporting period|94,499||
|Cash and cash equivalents at the end ofthe|||
|reporting period||94,499|
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|RECONCILIATION OF NET INCOME/(EXPENDITURE)
TO NET CASH
ACTIVITIES|FLOW FROM O|PERATING|
|---|---|---|
|||Period|
|||25/4/22|
||Year Ended|to|
||31/12/23|31/12/22|
|Net income/(expenditure) for the reporting period (as per the Statement|||
|of Financial Activities)|157,268|(400)|
|Adjustments for:|||
|Depreciation charges|5,873||
|Interestreceived|(85)||
|Increase in stocks|(9,155)||
|Increase in debtors|(198,014)|(1,009)|
|Increase in creditors|403,766|95,908|
|Net cash provided by operations|359,653|94,499|
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|ANALYSIS OF CHANGES IN NET FUNDS||||
|---|---|---|---|
||At 1/1/23|Cash flow|At 31/12/23|
|Net cash||||
|Cash at bank and in hand|94,499|968,385||
||94,499|968,385||
|Total|94,499|968,385|1,062,884|
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|2.|DONATIONS AND LEGACIES|||
|---|---|---|---|
||||Period|
||||25/4/22|
|||YearEnded|to|
|||31/12/23|31/12/22|
||Donations|2,835||
||Tax refunds|1,553||
||Legacies|10,ooo||
|||14,388||
|3.|OTHER TRADING ACTIVITIES|||
||||Period|
||||25/4/22|
|||Year Ended|to|
|||31/12/23|31/12/22|
||Footlights shows income|128,369||
||Community let income|31,512||
||Professional let income|242,795||
|||402,676||
|4.|INVESTMENT INCOME|||
||||Period|
||||25/4/22|
|||YearEnded|to|
|||31/12/23|31/12/22|
||Deposit account interest|85||
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|Raising donations and legacies|||
|---|---|---|
|||Period|
|||25/4/22|
||Year Ended|to|
||31/12/23|31/12/22|
|Just giving charges|198||
|Support costs|288,777|400|
||288,975|400|
|CHARITABLE ACTIVITIES COSTS||||
|---|---|---|---|
|||Support||
||Direct|costs (see||
||Costs|note 7)|Totals|
|Amateur performances|23,083|2,353|25,436|
|Community and Professional Lets|69,079||69,079|
||92,162|2,353|94,515|
|SUPPORT COSTS|||||
|---|---|---|---|---|
||||Governance||
||Management|Finance|costs|Totals|
|Raising donations and legacies|279,701|328|8,748|288,777|
|Amateur performances|2,351|2||2,353|
||282,052|330|8,748|291,130|
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|STAFF COSTS|||
|---|---|---|
|||Period|
|||25/4/22|
||Year Ended|to|
||31/12/23|31/12/22|
|Wages and salaries|142,446||
|Social security costs|22,554||
|Otherpension costs|5,458||
||170,458||
|The averagemonthly number of employees durin|g the year was as follows:||
|---|---|---|
|||Period|
|||25/4/22|
||Year Ended|to|
||31/12/23|31/12/22|
|Management|2||
|General|4||
|Box Office|8||
|Marketing|1||
||15||
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|11.|TANGIBLE FIXED ASSETS||||
|---|---|---|---|---|
|||Freehold|Plant and||
|||property|machinery|Totals|
||COST||||
||Additions|97,198|26,496|123,694|
||DEPRECIATION||||
||Charge for year|4,860|1,013|5,873|
||NET BOOK VALUE||||
||At 3 1st December 2023|92,338|25,483|117,821|
||At 3 1st December2022||||
|12.|STOCKS||||
||||2023|2022|
||Stocks||9,155||
|13.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||2023|2022|
||Otherdebtors||188,935||
||Prepayments||10,088|1,009|
||||199,023|1 009|
|14.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONEYEAR||||
||||2023|2022|
||Trade creditors||19,346||
||Taxation and social security||2,695||
||Other creditors||477,633|95,908|
||||499,674|95,908|
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|MOVEMENT IN FUNDS|||||
|---|---|---|---|---|
|||Net|Funds||
|||movement|transferred||
||At 1/1/23|in funds|from prior entity|31/12/23|
|Unrestricted funds|||||
|General fund|(400)|144,353|288,778|432,731|
|Designated Appeals Fund||12,915|443,563|456,478|
||(400)|157,268|732,341|889,209|
|TOTAL FUNDS|(400)|157,268|732,341|889,209|
|Net movement in funds, included in the above are as follows:|||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|Unrestricted funds|||||
|General fund||527,645|(383,292)|144,353|
|Designated Appeals Fund||13,113|(198)|12,915|
|||540,758||157,268|
|TOTAL FUNDS||540,758|(383,490)|157,268|
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|Comparatives for movement in funds|||
|---|---|---|
||Net||
||movement|At|
||in funds|31/12/22|
|Unrestricted funds|||
|General fund|(400)|(400)|
|TOTAL FUNDS|(400)|(400)|
|Comparative net movement in funds, included in the above are as follows:|||
|Incoming|Resources|Movement|
|resources|expended|in funds|
|Unrestricted funds|||
|General fund|(400)|(400)|
|TOTAL FUNDS||(400)|
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