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2023-08-31-accounts

Page
Report ofthe trustees 1 to 7
Report ofthe independent
auditors		 8 to 10
Statement offinancial activities
Balance sheet 12
Cash flow statement 13
Notes to the cash flow statement 14
Notes to the financial statements 15 to 23
Detailed statement
offinancial activities		 24 to 25

2023 2022
Unrestncted Restricted Total Total
Notes fund
E		 fundsf tunde funds
F
INCOME AND ENDOWMENTS FROM
Donations,
grants and legacies		 112,968 48,261 161,229 155,747
Charitable
activities
Theatrical
activities		 627,610 627,610 486,794
Other trading
activities		 45,420 150 45,570 45,354
Investment
income		 7,328 341 7,669 2,518
Other income 108,180
Totai 793,326 48,752 842,078 798,593
EXPENDITURE ON
Charitable
activities
Theatrical
activities		 818,733 6,499 825,232 658,736
Net gains/(losses)
on investments		 ~392) ~392) ~1,144)
NET INCOMEl(EXPENDITURE) (25,407) 41,861 16,454 138,713
RECONCILIATION
OF FUNDS
Total funds brought
forward		 693,370 104,917 798,287 659,575
TOTAL FUNDS CARRIED FORWARD 667,963 146,778 814,741 798,288
2023 2022
Unrestricted Restncted Total Total
Notes fundf funds
6		 funds
6		 fundsf
FIXEDASSETS
Tangible assets 13 463,131 23,263 486,394 231,105
investments 14 9,477 9,477 9,870
463,131 32,740 495,871 240,975
CURRENT ASSETS
Debtors 15 263,111 263,171 62,479
Cash at bank and in hand 398,533 114,039 512,572 650,431
661,704 114,039 775,743 712,910
CREDITORS
Amounts
falling due within one year		 16 (173,309) (173,310) (155,597)
NET CURRENT ASSETS 488,395 114,038 602,433 557,313
TOTAL ASSETS LESSCURRENT LIABILITIES 951,526 146,778 1,098,304 798,288
CREDITORS
Amounts
falling due after more than one year		 17 (283,563) (283,563)
NET ASSETS 667,963 146,778 814,741 '198,288
FUNDS 20
Unrestricted
funds		 667,963 693,370
Restricted funds 146,778 104,918
TOTAL FUNDS 814,741 798,288
FOR THE YEAR EisfDED 31A UCL'ST 2023
2023 2022
Notes f E
Cash flows from operating activities
Cash generated
from operations		 1 (120,746) 233,881
Interest paid ~13,817)
Net cash (used in)/provided by operating activities L134,556633) 233,881
Cash flows from investing activities
Purchase oftangible
fixed assets		 (294,528) (6,966)
interest received 7,351 2,320
Dividends
received		 318 198
Net cash used in investing activities L286, 885599) ~4,448)
Cash flows from financing activities
New loans
in year		 283,563
Net cash provided
by financing
activities		 283,563
Change
in cash and cash		 equivalents in
the reporting
period		 (137,859) 229,433
Cash and cash equivalents
at the
beginning
ofthe reporting		 period 650,431 420,998
Cash and cash equivalents
at the end		 of
the reporting
period		 512,572 650,431

RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING OF NET INCOME TO NET CASH FLOW FROM OPERATING OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2023 2022
6
Net income for the reporting period (as per the Statement offinancial
activities) 16,454 138,713
Adjustments
for:
Depreciation
charges		 39,237 28,455
Losses on investments 394 1,143
Interest received (7,351) (2,320)
Interest paid 13,817
Dividends
received		 (318) (198)
(Increase)/decrease in debtors (200,692) 33,844
Increase
in creditors		 17,713 34,244
Net cash (used in)/provided by operations (120,746) 233,881
ANALYSIS OF CHANGES IN NET FUNDS
At I/922 Cash flow At 3l/8 23
6 6
Net cash
Cash at bank and in hand 650,431 (137,859) 512,572
650,431 (137,859) 512,572
Debt
Debts falling due after 1 year (283,563) ~283,563)
(283,563) (283,563)
Total 650,431 (421,422) 229,009

INVESTMENT INCOME
2023f 2022
f
Income on listed investment 318 198
Deposit account interest 7,351 2,320
7,669 2,518
INCOME FROM CHARITABLE ACTIVITIES
Activity 2023f 2022
f
Membership
subscriptions		 Theatrical activities 46,051 43,940
Income from productions Theatrical activities 210,120 132,473
Income from education Theatrical activities 201,946 148,193
Hiring and letting Theatrical activities 169,493 162,188
627,610 486,794
OTHER INCOME
2023 2022
f F
Insurance
claim		 108,180

Support
Dtrect costs tsee
Costs
f		 note g}
f		 Totalsf
Theatrical activities 677,766 147,466 825,232
SUPPORT COSTS
(Iovetnance
Other costs Totah
f f
Theatrical activities 136,366 11,100 147,466
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2023 2022
f
Auditors' remuneration 11,100 10,700
Depreciation
-owned assets		 39,239 28,455
Operating lease rentals 1,868 1,868
Pension costs 10,525 10,343

STAFF CO ST S
2023
f		 2022
f
Wages and salaries 252,296 228,683
Social security costs 7,633 10,322
Pension costs 10,525 10,343
270,454 249,348
The average monthly number ofemployees during the year was as follows:
2023 2022
Management 8Administration 7 7
Teaching staff 16 13
23 20

No employees
received emoluments
in excess of660,000.		 No employees
received emoluments
in excess of660,000.		 No employees
received emoluments
in excess of660,000.
COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestncted Restricted Total
fund funds funds
E
INCOME AND ENDOWII/IENTS FROM
Donations,
grants and legacies		 147,931 7,816 155,747
Charitable
activities
Theatrical
activities		 486,794 486,794
Other trading
activities		 45,154 200 45,354
Investment
income		 2,319 199 2,518
Otherincome 108,180 108,180
Total 790,378 8,215 798,593
EXPENDITURE ON
Charitable
activities
Theatrical activities 651,539 7,197 658,736
Net gains/(losses)
on investments		 ~1,144) ~1,144)
NET INCOME/{EXPENDITURE) 138,839 {126) 138,713
RECONCILIATION
OF FUNDS
Total funds brought
forward		 554,530 105,045 659,575
TOTAL FUNDS CARRIED FORWARD 693,369 104,919 798,288
13. TANGIBLE FIXED ASSE TS
Freehold Facdities Fixtures
land and for littmgs
buildings
f		 disabled k equtpment
f
COST
At 1 September 2022 629,076 109,435 282,65?
Additions 288,990 2,971
At 31 August 2023 918,066 109,435 285,628
DEPRECIATION
At 1 September 2022 477,899 104,098 213,074
Charge for year 22,010 425 13,967
At 31 August 2023 499,909 104,523 227,041
NET BOOK VALUE
At 31 August 2023 418,157 4,912 58,587
At 31 August 2022 151,177 5,337 69,583
Renaissance Computer
Project
f		 equipment
f		 Totals
f
COST
At 1 September 2022 853,053 21,648 1,895,869
Additions 2,567 294,528
At 31 August 2023 853,053 24,215 2,190,397
DEPRECIATION
At 1 September 2022 853,053 16,640 1,664,764
Charge for year 2,837 39,239
At 31 August 2023 853,053 19,4?7 1,704,003
NET BOOK VALUE
At 31 August 2023 4,738 486,394
At 31 August 2022 5,008 231,105
14. FIXEDASSET INVESTMENTS
Listed
investments
f
MARKET VALUE
At 1 September 2022 9,870
Listed Investments Revaluation ~393)
At 31 August 2023 9,477
NET BOOK VALUE
At 31 August 2023 9,477
At 31 August 2022 9,870
There were no investment assets outside the UK.

Minimum leas e payments
un		 der non-cancellable
o		 perating
leases fall due as follo		 ws:
2023 2022
f
Within one year 1,868 1,868
Between one and five years 5,137 7,005
7,005 8,873
MOVEMENT IN FUNDS
Net
movement
At lr9 22
f		 m lands
f		 3I'gi23
6
Unrestricted funds
General fund 693,370 (25,407) 667,963
Restricted funds
Renewal
fund
Nevile and Julie Cruttenden		 fund 84,844
20,073		 43,209
~1,348)		 128,053
18,725
104,917 41,861 146,778
TOTAL FUNDS 798,28? 16,454 814,741

Net movement
in funds,
incl		 uded
in the ab		 ove are as follows:
Incoming Resources Gains and Movement
resources
6		 expended
F		 losses
f		 in funds
6
Unrestricted
funds
General
fund		 793,326 (818,733) (25,407)
Restricted funds
Renewal
fund
Nevile and Julie Crutienden		 fund 4?,659
1,093		 (4,450)
~2,049)		 ~392) 43,209
~1,348)
48,752 ~6,499) ~392) 41,861
TOTAL FUNDS 842,078 (825,232) ~392) 16,454

Comparatives for moveme nt
in funds
Net
movement At
Ai I/9/2
I
f		 in funds
F		 3I/8/22f
Unrestricted funds
General
fund		 554,530 138,840 693,370
Restricted funds
Renewal
fund
Nevile and Julie Cruttenden		 fund 83,053
21,992		 1,790
~1,917)		 84,843
20,075
105,045 ~127) 104,918
TOTALFUNDS 659,575 138,713 798,288
Comparative
net movement		 in funds,
inclu		 ded
in the above are a		 s follows:
Incommg Resources Gains and Movement
resources
f		 expended losses
f		 in funds
Unrestricted
funds
General
fund		 790,378 (65L538) 138,840
Restricted funds
Renewal
fund
Nevile and Julie Cruttenden		 fund 7,215
1,000		 (5,425)
~1,773)		 ~1,144) 1,790
~1,917)
8,215 ~7,198) ~1,144) ~127)
TOTALFUNDS 798,593 ~658,736) ~1,144) 138,713