CHARITY REGISTRATION NUMBER: 202008
The Nonentities Society Unaudited Financial Statements 30th June 2021
.
GRIFFITHS AND PEGG LIMITED Chartered Accountants 3 Hagley Court South Waterfront East Level Street Brierley Hill West Midlands DY5 1XE
The Nonentities Society
Financial Statements
Year ended 30th June 2021
| Pages | Pages | |
|---|---|---|
| Trustees’ annual report | 1to2 | |
| Independent examiner's report to the trustees | 3 | |
| Statement offinancial activities | 4 | |
| Statement offinancial position | 5 | |
| Notes to the financial statements | 6 | to 11 |
| The following pages do notform part ofthe financial | statements | |
| Detailed statement offinancial activities | 13 | to 14 |
| Notestothedetailedstatementoffinancialactivities | 15 |
Page 1
The Nonentities Society
Trustees’ Annual Report
Year ended 30th June 2021
The trustees present their report and the unaudited financial statements of the charity for the year ended 30th June 2021.
Reference and administrative details
| Registered charity name | The Nonentities Society | |
|---|---|---|
| Charity registration number | 202008 | |
| Principal office | The Rose Theatre | |
| Chester Road North | ||
| Broadwaters | ||
| Kidderminster | ||
| Worcestershire | ||
| DY10 2RX | ||
| Thetrustees | Mr CYoung | |
| Mr J Gaston | ||
| Mrs P Meredith | ||
| The members ofthe committee | MrRGraham (Chairman) | |
| Miss TWakeman (Vice Chairman) |
. | |
| MrDWakeman (Treasurer) | ||
| Mrs M Higgins (Secretary) | ||
| Mrs J Eglinton (Artistic Director) | ||
| Miss K Ball | ||
| Mr R Casewell | ||
| MrC Hill |
||
| MrA Newbould | ||
| MrsH Tolley | ||
| Mrs J Holt(FOH Manager) | ||
| Mrs H Thompson (Membership Manager) | ||
| MrsA Booth (Publicity Manager) | ||
| MrK Higgins (Stage Manager) | ||
| Miss A Baker (Technical Manager) | ||
| Mr N Chamberlain (Maintenance Manager) | ||
| Independent examiner | Adrian Grainger, on behalfofGriffiths & Pegg Limited | |
| 3 Hagley Court South | ||
| Waterfront East | ||
| Level Street | ||
| Brierley Hill | ||
| West Midlands | ||
| DY51XE |
Structure, governance and management
The Nonentities Society was formed in 1937, constituted as a charity under a Trust Deed on 25th June 1945 and granted charitable status on 10th March 1962.
Page 2
4
The Nonentities Society
Trustees" Annual Report (continued)
Year ended 30th June 2021
Objectives and activities
The prime objective of the society is to promote literature and the fine arts in the Wyre Forest area, which we consider we continue to achieve.
The continuing policy of the Society to perform plays and other productions of a varied nature has been maintained. The Management Committee wishes to encourage new members to join the Society; to support and facilitate our own Kidderminster Rose Young People's Theatre (KRYPT); to promote other amateur groups to perform at the theatre and to hire professional touring companies to perform at the theatre, all of which will continue to uphold the high standards that the theatre has achieved.
Achievements and performance
Regrettably the theatre was forced to remain closed for almost the whole of this year due to the Covidi9 pandemic, but the society was finally able to re-open in June for some small restricted performances.
We are pleased to report that two local amateur societies and some professional companies have confirmed their intention to continue their association with us as soon as we are able to return to normal levels of attendance by the public.
We are extremely grateful to the small restricted number of members, who have only been able to complete essential security and maintenance tasks during this difficult year.
Financial review
The results for the year, and the charity's financial position at the end of the year, are shown in the attached financial statements. The Trustees are very aware of the seriously adverse effects on our finances this season caused by the temporary closure of the theatre. We are fortunate that these effects have been partly mitigated by Covid Support Grants and a Crowdfunder Appeal to the general public. We would therefore like to express our sincere thanks to all members of our Society and the public who have contributed to the theatre in this difficult time.
The trustees’ annual report was approved on 18th October 2021 and signed on behaif of the board of trustees by:
----- Start of picture text -----
Mr C Young lM
Trustee os we
----- End of picture text -----
Page 3
The Nonentities Society
Independent Examiner's Report to the Trustees of The Nonentities Society
Year ended 30th June 2021
| report to the trustees on my examination of the financial statements of The Nonentities Society (‘the charity’) for the year ended 30th June 2021.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’). | report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or 3. the financial statements do not comply with the applicable requirements concering the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts fo be reached. Adrian Grainger, on behalf of Griffiths & Pegg Limited Independent Examiner
3 Hagley Court South Waterfront East Level Street Brierley Hill West Midlands DY5 1XE
48th October 2021
Page 4
,
The Nonentities Society
Statement of Financial Activities
Year ended 30th June 2021
.
| 2021 | 2021 | 2020 | ||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | Totalfunds | Total funds | ||
| Note | £ | £ | £ | |
| Income | ||||
| Donations and grants | 4 | 39,383 | 39,383 | - |
| Othertrading activities Investment income |
5 6 |
5,013 5,903 |
5,013 5,903 |
80,240 6,286 |
| Other income | 7 | 5,122 | 5,122 | 19,150 |
| Total income | 55,421 | 55,421 | 105,676 | |
| Expenditure | ||||
| Expenditure on raising funds: | ||||
| Costs ofother trading activities | 8 | 1,893 | 1,893 | 20,992 |
| Expenditure on charitable activities | 9,10 | 50,276 | 50,276 | 107,400 |
| Total expenditure | 52,169 | 52,169 | 128,392 | |
| Net income/(expenditure) and netmovement in funds | 3,252 | 3,252 | (22,716) | |
| Reconciliation offunds | ||||
| Total funds brought forward | 487,834 | 487,834 | 510,550 | |
| Totalfundscarriedforward | 491,086 | 491,086 | 487,834 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The trust has no recognised gains and losses other than the results for the year as set out above.
All of the activities of the Trust are classed as continuing.
The notes on pages 6 to 11 form part of these financial statements.
Page 5
;
The Nonentities Society
Statement of Financial Position
30th June 2021
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|2021|2020|
|Note|£|£|£|
|Fixed|assets|
|Tangible|fixed|assets|15|411,534|426,622|
|Investments|16|100|100|
|411,634|426,722|
|Current|assets|
|Stocks|17|1,176|3,030|
|Debtors|18|7,060|8,034|
|Cash|at|bank|and|in|hand|115,654|98,512|
|123,890|109,576|
|Creditors:|amounts|falling|due within|one year|19|(44,438)|(48,464)|
|Net|current|assets|79,452|61,112|
|Total|assets|less|current|liabilities|491,086|487,834|
|Funds|of the|charity|
|Unrestricted|funds|491,086|487,834|
|Total|charity funds|21|491,086|487,834|
----- End of picture text -----
These financial statements were approved by the board of trustees and authorised for issue on 18th October 2021, and are signed on behalf of the board by:
----- Start of picture text -----
f\
Mr C Young .
Trustee |
----- End of picture text -----
,
The notes on pages 6 to 11 form part of these financial statements.
Page 6
The Nonentities Society
Notes to the Financial Statements
Year ended 30th June 2021
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is The Rose Theatre, Chester Road North, Broadwaters, Kidderminster, Worcestershire, DY10 2RX.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:
(a) No cash flow statement has been presented for the company.
(b) Disclosures in respect of financial instruments have not been presented.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
4. Donations and grants
| Unrestricted | Total | Funds | Unrestricted | Total | Funds | |||
|---|---|---|---|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | |||||
| £ | £ | £ | £ | |||||
| Donations | ||||||||
| Crowdfunder | 15,760 | 15,760 | — | — | ||||
| Grants | ||||||||
| Government | grant | income | 23,623 | 23,623 | — | - | ||
| 39,383 | 39,383 | - | = |
Page 7
:
The Nonentities Society
Notes to the Financial Statements (continuea)
Year ended 30th June 2021
5. Other trading activities
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | ||
| £ | £ | £ | £ | ||
| Subscriptions Surplus on productions |
2,853 791 |
2,853 791 |
2,155 41,285 |
2,155 41,285 |
|
| Bar takings | 558 | 558 | 14,910 | 14,910 | |
| Surplus on refreshments | 511 | 511 | 2,546 | 2,546 | |
| Hire of theatre | 300 | 300 | 19,344 | 19,344 | |
| 5,013 | 5,013 | 80,240 | 80,240 | ||
| 6. | Investmentincome |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | ||
| £ | £ | £ | £ | ||
| Bank interest receivable | 703 | 703 | 1,092 | 1,092 | |
| Lease rental income | 5,200 | 5,200 | 5,194 | 5,194 | |
| 5,903 | 5,903 | 6,286 | 6,286 | ||
| 7. | Other income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| £ | £ | £ | £ | ||
| Sundry income | 5,122 | 5,122 | 19,150 | 19,150 | |
| 8. | Costs ofothertrading activities | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| £ | £ | a | £ | ||
| Bar costs | 1,893 | 1,893 | 20,992 | 20,992 | |
| 9. | Expenditure on charitable activities | byfund type | |||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| £ | £ | £ | £ | ||
| Rose Theatre | 37,570 | 37,570 | 73,237 | 73,237 | |
| Support costs | 12,706 | 12,706 | 34,163 | 34,163 | |
| 50,276 | 50,276 | 107,400 | 107,400 |
7. Other income
Page 8
The Nonentities Society
Notes to the Financial Statements (continuea)
Year ended 30th June 2021
10. Expenditure on charitable activities by activity type
| Activities | Activities | |||||
|---|---|---|---|---|---|---|
| undertaken directly |
Support costs |
Total funds 2021 |
Total fund 2020 |
|||
| £ | £ | £ | £ | |||
| Rose Theatre | 37,570 | = | 37,570 | 73,237 | ||
| Governance costs | - | 12,706 | 12,706 | 34,163 | ||
| 37,570 | 12,706 | 50,276 | 107,400 | |||
| 11. | Net income/(expenditure) | |||||
| Net income/(expenditure) is stated after | charging/(crediting): | |||||
| 2021 | 2020 | |||||
| £ | £ | |||||
| Depreciation oftangible fixed assets | 17,117 | 17,432 | ||||
| 12. | Independent examination fees | |||||
| 2021 | 2020 | |||||
| £ | £ | |||||
| Fees payable to the independent examiner for: | ||||||
| Independent examination ofthe financial statements | 1,740 | 1,740 | ||||
| 13. | Staff costs | |||||
| The total staffcosts and employee benefits for the | reporting period are analysed as follows: | |||||
| 2021 | 2020 | |||||
| £ | £ | |||||
| Wages and salaries | 9,072 | 35,738 | ||||
| The average head count ofemployees during the yearwas 1 (2020: | 2). | |||||
| No employee received employee benefits of more | than £60,000 during the year (2020: Nil). | |||||
| . |
14. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
.
Page 9
The Nonentities Society
.
)
Notes to the Financial Statements (continued)
Year ended 30th June 2021
15. Tangible fixed assets
----- Start of picture text -----
||||||||||
|---|---|---|---|---|---|---|---|---|
|Freehold|Scenery|Theatre|
|Property|&|||Technical|Equipment|&|Fixtures|&|
|improvements|Equipment|Tools|Fittings|Total|
|£|£|£|£|£|
|Cost|
|At|ist|July|2020|577,433|74,961|33,340|99,802|785,536|
|Additions|1,358|487|—|184|-|2,029|
|At|30th|June|2021|578,791|75,448|33,524|99,802|787,565|
|Depreciation|
|At|ist|July|2020|198,232|57,717|27,662|75,303|358,914|
|Charge|for|the|year|12,278|1,780|589|2,470|17,117|
|At|30th|June|2021|210,510|59,497|28,251|77,773|376,031|
|Carrying|amount|
|At|30th|June|2021|368,281|15,951|5,273|22,029|411,534|
|At|30th|June|2020|379,201|17,244|5,678|24,499|426,622|
|)|
|16.|Investments|
----- End of picture text -----
----- Start of picture text -----
||||||||||
|---|---|---|---|---|---|---|---|---|
|Other|
|investments|
|£|
|Cost|or|valuation|
|At|ist|July|2020|100|
|Additions|_|
|At|30th|June|2021|400|
|Impairment|
|At|1st|July|2020|and|30th|June|2021|-|
|Carrying|amount|
|At|30th|June|2021|100|
|At|30th|June|2020|100|
|All|investments|shown|above|are|held|at|valuation.|
----- End of picture text -----
- Stocks
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|2021|2020|
|£|£|
|Raw|materials|and|consumables|.|1,176|3,030|
|18.|Debtors|
|2021|2020|;|
|£|£|
|Debtors|and|prepayments|7,060|8,034|
----- End of picture text -----
Page 10
The Nonentities Society .
Notes to the Financial Statements (continuea)
Year ended 30th June 2021
19. Creditors: amounts falling due within one year
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Trade | creditors | 44,438 | 47,876 | ||
| Social | security | and | othertaxes | - | 588 |
| 44,438 | 48,464 |
20. Government grants
| The amounts recognised in the financial statements forgovernment | The amounts recognised in the financial statements forgovernment | government | grants are as follows: 2021 |
grants are as follows: 2021 |
2020 | |
|---|---|---|---|---|---|---|
| £ | £ | |||||
| Recognised in income from donations and grants: | ||||||
| Government grants income | 23,623 | - | ||||
| Analysis of charitable funds | ||||||
| Unrestricted funds | ||||||
| At | At 30° | |||||
| 1st July 2020 | Income | f€xpenditure | June 2021 | |||
| £ | £ | £ | £ | |||
| General funds | 437,834 | 55,421 | (52,169) | 441,086 | ||
| Repair, Replacement and Refurbishment Fund |
50,000 | - | - | 50,000 | ||
| 487,834 | 55,421 | (52,169) | 491,086 | |||
| At | At 30% | |||||
| ist July2019 | Income | Expenditure | June 2020 | |||
| £ | Ez | £ | £ | |||
| General funds | 460,550 | 105,676 | (128,392) | 437,834 | ||
| ' | Repair, Replacement and Refurbishment Fund |
50,000 | - | - | 50,000 | |
| 510,550 | 105,676 | (128,392) | 487,834 |
21. Analysis of charitable funds
Page 11
The Nonentities Society
Notes to the Financial Statements (continued)
Year ended 30th June 2021
22. Analysis of net assets between funds
:
| Unrestricted | Total Funds | ||
|---|---|---|---|
| Funds | 2021 | ||
| £ | £ | ||
| Tangible fixed assets | 411,534 | 411,534 | |
| , | Investments | 400 | 100 |
| Current assets | 123,890 | 123,890 | |
| Creditors less than 1 year | (44,438) | (44,438) | |
| Net assets | 491,086 | 491,086 | |
| Unrestricted | Total Funds | ||
| Funds | 2020 | ||
| £ | £ | ||
| Tangible fixed assets | 426,622 | 426,622 | |
| Investments | 100 | 100 | |
| Current assets | 109,576 | 109,576 | |
| Creditors less than 1 year | (48,464) | (48,464) | |
| Netassets | 487,834 | 487,834 |