| Reference and Administrative Details |
Reference and Administrative Details |
|
|---|---|---|
| Trustees' Report | 2 to 8 | |
| Independent Examiner's |
Report | |
| Statement ofFinancial | Activities | 10to 11 |
| Balance Sheet | 12 | |
| Notes to the Financial | Statements | 13to 26 |
| I | Nonsuch Theatre | Nonsuch Theatre | Ltd | Ltd | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Charity registration |
number: | 1199099(Registered | on the 26 May 2022) | ||||||||||
| Company Limited |
by Guarantee | without | share capital, | ||||||||||
| Number: | |||||||||||||
| Principal & | Registered Office: | Nonsuch Studios, Nottingham, NG1 |
92 IEH |
Lower | Parliament | Street, | |||||||
| Trustees/Directors: | Catherine Mahmood |
(Chair) | |||||||||||
| Lauren Barkes-Nickolds | |||||||||||||
| Tamily Cookson | |||||||||||||
| Courtney Nettleford |
|||||||||||||
| Christopher Sewell |
|||||||||||||
| Martin Valentine | |||||||||||||
| Secretary: | Isobel Bradley | ||||||||||||
| CEO/Artistic | Director: | Edward Boott | |||||||||||
| 2 | Nonsuch Studios |
Trading | Ltd | ||||||||||
| Private Limited Company | Number: | 14125308(Registered | on 23 May | 2022) | |||||||||
| Principal k, | Registered Office: | 92 Lower Parliament | Street, Nottingham, | NG I IEH | |||||||||
| Directors: | Edward Boott | ||||||||||||
| Courtney Nettleford |
|||||||||||||
| Martin Valentine | |||||||||||||
| Secretary: | Isobel Bradley |
| Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | 2023 | ||||
| Note | ||||||
| Income and Endowments | from: | |||||
| Donations and legacies |
106,568 | 118,144 | 224,712 | |||
| Charitable activities |
94,828 | 94,828 | ||||
| Other trading activities | 34,124 | 34,124 | ||||
| Investment income |
210 | 210 | ||||
| Other income | 1,807 | 1,807 | ||||
| Total income | 237,537 | 118,144 | 355,681 | |||
| Expenditure on: |
||||||
| Raising funds | (16,275) | (1,151) | (17,426) | |||
| Charitable activities |
(319,000) | (74,958) | (393,958) | |||
| Total expenditure | (335,275) | (76,109) | (411,384) | |||
| Net (expenditure)/income | (97,738) | 42,035 | (55,703) | |||
| Net movement in funds |
(97,738) | 42,035 | (55,703) | |||
| Reconciliation offunds |
||||||
| Total funds brought | forward | 16,187 | 16,187 | |||
| Total funds carried | forward | 23 | (81,551) | 42,035 | (39,516) |
| and Lo | sses) | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| funds | funds | 2022 | ||||
| Note | ||||||
| Income and Endowments | from: | |||||
| Donations and legacies |
343,046 | 88,808 | 431,854 | |||
| Charitable activities |
71,227 | 71,227 | ||||
| Other trading activities | 23,189 | 23,189 | ||||
| Investment income |
6 | 6 | ||||
| Other income | 8,513 | 8,513 | ||||
| Total income | 445,981 | 88,808 | 534,789 | |||
| Expenditure on: |
||||||
| Raising funds | (27,652) | (27,652) | ||||
| Charitable activities |
(412,588) | (88,808) | (501,396) | |||
| Total expenditure | (440,240) | (88,808) | (529,048) | |||
| Net income | 5,741 | 5,741 | ||||
| Net movement in funds |
5,741 | 5,741 | ||||
| Reconciliation offunds |
||||||
| Total funds brought | forward | 10,446 | 10,446 | |||
| Total funds carried | forward | 23 | 16,187 | 16,187 |
| Bala | nce Sheet as at 31 | March 2023 | |||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Note | |||||||
| Fixed assets | |||||||
| Tangible assets | 15 | 131,769 | 156,155 | ||||
| Investments | 16 | I | |||||
| 131,770 | 156,155 | ||||||
| Current assets |
|||||||
| Stocks | 17 | 2,330 | 3,032 | ||||
| Debtors | 18 | 84,044 | 12,213 | ||||
| Cash at bank | and in hand | 19 | 22,100 | 10,084 | |||
| 108,474 | 25,329 | ||||||
| Creditors: Amounts | falling due within | one year | 20 | (180,001) | (132,910) | ||
| Net current | liabilities | (71,527) | (107,581) | ||||
| Total assets | less current | liabilities | 60,243 | 48,574 | |||
| Creditors: Amounts | falling due after | more than one year | 21 | (99,759) | (32,387) | ||
| Net (liabilities)/assets | (39,516) | 16,187 | |||||
| Funds ofthe | Charity: | ||||||
| Restricted income funds |
|||||||
| Restricted funds |
23 | 42,035 | |||||
| Unrestricted | income | funds | |||||
| Unrestricted | funds | (81,551) | 16,187 | ||||
| Total funds | 23 | (39,516) | 16,187 |
| 3 Inco |
m | e f | rom | donations and legacies |
|||
|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||
| funds | Restricted | Total | |||||
| General | funds | 2023 | |||||
| Donations | and legacies; | ||||||
| Donations | from | individuals | 6,019 | 6,019 | |||
| Grants, | including | capital grants; | |||||
| Government | grants | 72,178 | 72,178 | ||||
| Grants | from other charities | 100,549 | 45,966 | 146,515 | |||
| 106,568 | 118,144 | 224,712 | |||||
| Unrestricted | |||||||
| funds | Restricted | Total | |||||
| General | funds | 2022 | |||||
| Donations | and legacies; | ||||||
| Donations | from | individuals | 4,029 | 4,029 | |||
| Grants, | including | capital grants; | |||||
| Government | grants | 209,533 | 23,763 | 233,296 | |||
| Grants | from other charities | 129,484 | 65,045 | 194,529 | |||
| 343,046 | 88,808 | 431,854 |
| Unrestricted | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| funds | Total | Total | |||||||||
| General | 2023 | 2022 | |||||||||
| Income from charitable | activities | ||||||||||
| Communty | & | education | 9,088 | 9,088 | 6„031 | ||||||
| Studio hire | 66,065 | 66,065 | 36,109 | ||||||||
| Performance | and | events | 19,675 | 19,675 | 29,087 | ||||||
| 94,828 | 94,828 | 71,227 | |||||||||
| 5 | Income from other | trading | activities | ||||||||
| Unrestricted | |||||||||||
| funds | Total | Total | |||||||||
| General | funds | 2022 | |||||||||
| Trading income; | |||||||||||
| Kitchen | and | catering | 34,124 | 34, | 124 | 23,189 | |||||
| 34,124 | 34,124 | 23,189 | |||||||||
| 6 | Investment | income | |||||||||
| Unrestricted | |||||||||||
| funds | Total | Total | |||||||||
| General | 2023 | 2022 | |||||||||
| Interest receivable and |
similar income; | ||||||||||
| Interest | receivable | on | bank deposits | 210 | 210 | ||||||
| 7 | Other | income | |||||||||
| Unrestricted | |||||||||||
| funds | Total | Total | |||||||||
| General | 2023 | 2022 | |||||||||
| Insurance | claim | received | |||||||||
| Insurance | claim | received | 1,807 | 1,807 | 8,513 |
| Unrestricted | ||||||
|---|---|---|---|---|---|---|
| funds | Restricted | Total | Total | |||
| General | funds | 2023 | 2022 | |||
| Note | ||||||
| Kitchen and food | supplies | 16,275 | 1,151 | 17,426 | 27,652 | |
| 16,275 | 1,]51 | 17,426 | 27,652 | |||
| 9 Expenditure |
on charitable | activities | ||||
| Unrestricted | ||||||
| funds | Restricted | Total | ||||
| General | funds | 2023 | ||||
| Communty & education |
1,629 | 732 | 2,361 | |||
| Performance and |
events | 36,307 | 8,600 | 44,907 | ||
| Rates and water | 1,]30 | 1,130 | ||||
| Rent | 28,000 | 28,000 | ||||
| Light and heat | 13,199 | 13,199 | ||||
| Insurance | 6,168 | 6,168 | ||||
| Repairs and maintenance | 585 | 585 | ||||
| Telephone & Internet | 5,587 | 5,587 | ||||
| Office expenses | 972 | 972 | ||||
| Computer and software |
13,909 | 13,909 | ||||
| Printing and stationary |
3,217 | 37 | 3,254 | |||
| Licence and subscriptions | 3,593 | 3,593 | ||||
| General expenses | 702 | 702 | ||||
| Cleaning services |
4,668 | 4,668 | ||||
| Travelling expenses |
60 | 809 | 869 | |||
| Advertising & Marketing |
2,818 | 2,818 | ||||
| Entertainment | 296 | 296 | ||||
| Consulting | 5,500 | 5,500 | ||||
| Legal expenses | 1,525 | 1,525 | ||||
| Bank charges and | interest | 14,073 | 14,073 | |||
| Depreciation | 22,403 | 3,258 | 25,661 | |||
| Staff costs | 149,150 | 61,521 | 210,671 | |||
| 315,491 | 74,957 | 390,448 |
| Unrestricted | |||
|---|---|---|---|
| funds | Restricted | Total | |
| General | funds | 2022 | |
| Communty &education |
29,167 | 29,167 | |
| Performance and events |
96,710 | 96,710 | |
| Rates and water | 3,069 | 3,069 | |
| Rent | 28,000 | 28,000 | |
| Light and heat | 6,264 | 6,264 | |
| Insurance | 7,639 | 7,639 | |
| Repairs and maintenance | 13,492 | 13,492 | |
| Telephone & Internet | 4,961 | 4,961 | |
| Office expenses | 3,027 | 3,027 | |
| Computer and software |
11,722 | 11,722 | |
| Printing and stationary |
1,917 | 1,917 | |
| Licence and subscriptions | ]5,858 | 15,943 | |
| General expenses | 4,953 | 4,953 | |
| Cleaning services |
3,736 | 3,736 | |
| Travelling expenses |
3,367 | 3,367 | |
| Advertising & Marketing |
9,520 | 9,520 | |
| Entertainment | 595 | 595 | |
| Consulting | 2,410 | 2,410 | |
| Legal expenses | 6,561 | 6,561 | |
| Bank charges and interest |
1,306 | 1,306 | |
| Depreciation | 24,047 | 3,258 | 27,305 |
| Staff costs | 217,272 | 217,272 | |
| 495,593 | 3,343 | 498,936 |
| Unrestricted | ||||||
|---|---|---|---|---|---|---|
| funds | Total | |||||
| General | funds | |||||
| Independent examiner |
fees | |||||
| Examination | ofthe financial | statements | 3,510 | 3,510 | ||
| Total for 2023 | 3,510 | 3,510 | ||||
| Total for 2022 | 2,460 | 2,460 | ||||
| 11 Net incoming/outgoing | resources | |||||
| Net (outgoing)/incoming | resources for the year include: | |||||
| 2023 | 2022 | |||||
| Depreciation offixed assets | 25,660 | 27,305 |
| 2023 | 2022 | ||
|---|---|---|---|
| Staff costs during | the year were: | ||
| Wages and salaries | 196,337 | 203,107 | |
| Social security costs | 9,759 | 8,059 | |
| Pension costs | 3,614 | 3,457 | |
| Other staff costs | 961 | 2,649 | |
| 210,671 | 217,272 |
| 15 Tangible fixed assets |
|||
|---|---|---|---|
| Land and | Furniture and |
||
| buildings | equipment | Total | |
| Cost | |||
| At 1 April 2022 |
188,379 | 43,407 | 231,786 |
| Additions | 1,275 | 1,275 | |
| At 31 March 2023 | 188,379 | 44,682 | 233,061 |
| Depreciation | |||
| At 1 April 2022 |
47,322 | 28,309 | 75,631 |
| Charge for the year | 18,838 | 6,823 | 25,661 |
| At 31 March 2023 | 66,160 | 35,132 | 101,292 |
| Net book value | |||
| At 31March 2023 | 122,219 | 9,550 | 131,769 |
| At 31 March 2022 | 141,057 | 15,098 | 156,155 |
| Subsidiary | |
|---|---|
| undertakings | Total |
| Country of | Country of | Country of | Proportion ofvoting | Proportion ofvoting | rights | Principal | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Undertaking | incorporation | Holding | and shares held | activity | ||||||
| 2023 | 2022 | |||||||||
| Subsidiary | undertakings | |||||||||
| Nonsuch Studios Trading |
E 1 d & W 1 ngland ales |
Ordinary | 100% | 0% | Dormant | |||||
| 17 Stock | ||||||||||
| 2023 | 2022 | |||||||||
| Stocks | 2,330 | 3,032 | ||||||||
| 18 Debtors | ||||||||||
| 2023 | 2022 | |||||||||
| Trade debtors | 17,988 | 10,482 | ||||||||
| Prepayments | 5,306 | 1,731 | ||||||||
| Accrued income |
60,750 | |||||||||
| 84,044 | 12,213 | |||||||||
| 19 Cash and cash equivalents | ||||||||||
| 2023 | 2022 | |||||||||
| Cash on hand | 200 | 200 | ||||||||
| Cash at bank | 21,900 | 9,884 | ||||||||
| 22, | 100 | 10,084 |
| 20 Creditors: | amounts | falling due within one year |
||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Bank loans | 24,159 | 9,707 | ||
| Trade creditors | 57,207 | 12,873 | ||
| Other taxation | and social | security | 12,232 | 15,676 |
| Vat creditor | 5,424 | 2,321 | ||
| Other creditors | 4,441 | 10,865 | ||
| Accruals | 50,596 | 81,468 | ||
| Deferred income |
25,942 | |||
| 180,001 | 132,910 | |||
| 21 Creditors: | amounts | falling due after one year | ||
| 2023 | 2022 | |||
| Bank loans | 99,759 | 32,387 |
| 23 Funds | ||||||
|---|---|---|---|---|---|---|
| Balance at 1 | Incoming | Resources | Balance at 31 | |||
| April 2022 | resources | expended | March 2023 | |||
| Unrestricted funds |
||||||
| General | ||||||
| General | fund | 16,187 | 237,537 | (335,275) | (81,551) | |
| Restricted | funds | |||||
| Cultural | recovary | fund | 44,356 | (44,356) | ||
| Grants to purchase | assets, etc | 3,258 | (3,258) | |||
| Mighty | creati ves | 17,166 | (17,166) | |||
| Thomas | Farr Chairty | 4,000 | 4,000 | |||
| Holiday | activity fund | 29,365 | (11,330) | 18,035 | ||
| Inspire cultural learning k |
||||||
| libraries | 10,000 | 10,000 | ||||
| The heritage lottery fund |
10,000 | 10,000 | ||||
| Total restricted funds |
118,145 | (76,110) | 42,035 |
| No | t | es | t | o the Finan | cial | Statements f |
or the Year End | ed 31March 2 | 023 |
|---|---|---|---|---|---|---|---|---|---|
| Balance at 1 | Incoming | Resources | Balance at 31 | ||||||
| April 2022 | resources | expended | March 2023 | ||||||
| Total funds | 16,187 | 355,682 | (411,385) | (39,516) | |||||
| Balance at 1 | Incoming | Resources | Balance at 31 | ||||||
| April 2021 | resources | expended | March 2022 | ||||||
| Unrestricted funds |
|||||||||
| General | |||||||||
| General fund |
10,446 | 445,981 | (440,240) | 16,187 | |||||
| Restricted | |||||||||
| Cultural recovary |
fund | 20,300 | (20,300) | ||||||
| Grants to purchase | assets, etc | 3,463 | (3,463) | ||||||
| Rebel Heart | 9,350 | (9,350) | |||||||
| Mighty creati | ves | 1,000 | (1,000) | ||||||
| No strings attached | 2,900 | (2,900) | |||||||
| Ashfieid community |
foundation | 980 | (980) | ||||||
| Key Fund - SESF | Grant | 38,750 | (38,750) | ||||||
| Thomas Farr | Chairty | 5,000 | (5,000) | ||||||
| East Midlands | Airport | 1,990 | (1,990) | ||||||
| Pizza Project | 5,075 | (5,075) | |||||||
| Total restricted | funds | 88,808 | (88,808) | ||||||
| Total funds | 10,446 | 534,789 | (529,048) | 16,187 | |||||
| 24 Analysis ofnet assets between | funds | ||||||||
| Unrestricted | Total funds at | ||||||||
| funds | Restricted | 31March | |||||||
| General | funds | 2023 | |||||||
| Tangible fixed | assets | 131,769 | 131,769 | ||||||
| Current assets | 13,297 | 95,177 | 108,474 | ||||||
| Current liabilities |
(126,858) | (53,142) | (180,000) | ||||||
| Creditors over | 1 | year | (99,759) | (99,759) | |||||
| Total net assets | (81,551) | 42,035 | (39,516) |
| Unrestricted | Total funds at | ||||
|---|---|---|---|---|---|
| funds | Restricted | 31 March | |||
| General | funds | 2022 | |||
| Tangible | fixed | assets | 156,155 | 156,]55 | |
| Current | assets | 25,329 | 54,160 | 79,4S9 | |
| Current | liabilities | (132,910) | (54,160) | (187,070) | |
| Creditors | over | 1 year | (32,387) | (32,387) | |
| Total net assets | 16,187 | 16,187 |