| Contents | |
|---|---|
| COMPANYINFORMATION | |
| TRUSTEES REPORT FORTHEYEARENDED31MARCH2023... | |
| CONSOLI DATE DSTATEM ENTOFFINANCIALACTIVITI ES.....,. | .......22 |
| CONSOLIDATED STATEMENT OF CASHFLOWS | 26 |
| NOTESTO THE FINANCIAL STATEMENTS | 27 |
| T, ACCOUNTINGPOLICIES |
21 |
| 6. EXPENDITURE |
33 |
| 9. TANGIBLEFIXED ASSETS |
34 |
| 10.INVESTMENTS | ........35 |
| 1,1,,DEBTORS......... | ........36 |
| T2,CREDITORS | ....,...36 |
| 13.DEFERREDINCOIVIE.......... | ........36 |
| 1.4,PENSIONS | ........36 |
| 1-5.UNRESTRICTEDRESERVES | ........37 |
| 1.6,MOVEMENTS INRESTRICTEDFUNDS | ........39 |
| !7, GROSSTRANSFERS BETWEEN FUNDS |
40 |
| 18.RECONCILIATION OF NETMOVEMENT INFUNDSTONETCASHFLOW FROM OPERATING ACTIVITIES | 41 |
| 20,COMMITMENTSUNDER OPERATINGLEASES............ | 42 |
| 22,RELATEDPARTYTRANSACTIONS..,.......... | ........................43 |
| Patrick Harrison | ExecutiveDirector |
|---|---|
| AaronS.Watkin | Artistic Director (appointedlAugust 2023) |
| GraceChan | Chief Operating Officer |
| Fleur Derbyshire-Fox | EngagementDirector |
| LisaLeigh | Director of Marketingand Communications |
| LouiseShand-Brown | Executive Producer |
| GeorgeThomson | TechnicalDirector |
| Cris Whitewoods | Development Director (appointed29August 2023) |
| MariaSeletskaja | MusicDirector (appointed5August 2024) |
| (lncorporatingan lncome and E | xpenditureAc | count)fortheyear ending31March 2024 | count)fortheyear ending31March 2024 | count)fortheyear ending31March 2024 | |||
|---|---|---|---|---|---|---|---|
| Notes | GeneralDesignatedRestricted Funds Funds Funds 2024 2024 2024 f000 f000 f000 |
Total Funds 2024 f000 |
Total Funds 2023 f000 |
||||
| lncomefrom: | |||||||
| Donations and Grants: | |||||||
| Grants | 2 | 6,028 | 403 | 6,43L | 6,918 | ||
| Donations | 288 | 1,,594 | 1_,882 | 2,387 | |||
| Charitable activities: | |||||||
| Ticketsales andtourfees | 8,924 | 8,924 | 7,842 | ||||
| Outreach and engagement | 227 | 227 | 228 | ||||
| Othertradingactivities: | |||||||
| Trading activities | 1,52L | r,521, | 1,,461 | ||||
| Productionhire&co- | 60 | 60 | 30 | ||||
| productionlncome | |||||||
| Programmes&merchandising | 1.89 | 189 | 132 | ||||
| Membershipsubscriptions | 36 | 36 | 58 | ||||
| lnvestmentlncome | 573 | 573 | 225 | ||||
| Otherincome | 106 | 106 | 1.46 | ||||
| Totallncome | 17,952 | 1",997 1g,g4g | 1.9,427 | ||||
| Expenditureonl | |||||||
| Raisingfunds | 3 | (702) | (40) | (1) | (743) | (818) | |
| CommercialTrading | (483) | (27) | (1) | (s11) | (3s3) |
||
| Operations | 3 | ||||||
| Charitable activities: | |||||||
| Productions and performances | 4 | (17,385) | (e22) | (68s) | (1.8,992) | (18,049) | |
| Outreach and engagement TotalExpenditure |
4 | (sss) (r9,L251 |
(48) (1,037) |
(313) (1,000) |
(sr.6) (21,t62I |
(so6) t¿0,726]' |
|
| Net (expenditure)/income | (L,r73) | (L,O37l | 997 | (t,2L3l | (699) | ||
| Otherrecognisedgains- | |||||||
| Theatre taxrelief | 2,997 | 2,987 | 2,053 | ||||
| Transfers between funds | L7 | (2,044) | 2,443 | (3ss) | |||
| Net movementinfunds | (230) | L,406 | 598 | L,774 | 1,354 | ||
| Reconciliation of funds: | |||||||
| Netfunds brought forward Net funds carriedforward |
3,472 3,242 |
29,952 31,359 |
2,034 2,632 |
35,459 37,232 |
34,144 35,459 |
| CONSOLIDATED BALANCESHEET | |||
|---|---|---|---|
| Asat31 March 2024 | |||
| Notes | 2024 | 2023 | |
| f'000 | f'000 | ||
| Fixed Assets: | |||
| Tangibleassets | 9 | 2L,049 | 21,855 |
| Currentassets: | |||
| Work inprogress | 283 | 139 | |
| Debtors | 1,1 | 2,440 | 6,048 |
| Currentasset investments | 9,000 | ||
| Cashatbank and inhand | 8,335 | 12,549 | |
| Totalcurrentassets | 20,058 | !8,736 | |
| Liabilities: | |||
| Creditorsfallingduewithinone year | 12 | (3,875) | (5,133) |
| NetCurrentassets | l_6,L83 | 13,603 | |
| Totalassetslesscurrent liabilities | 37,232 | 35,458 | |
| Creditorsfallingdueafteroneyear | |||
| Total netassets | 37,232 | 35,458 | |
| Thefundsofthecharity: | |||
| Generalfunds | 15 | 3,242 | 3,472 |
| Designated funds | 15 | 31,358 | 29,952 |
| Total unrestrictedfunds | 34,600 | 33,424 | |
| Restrictedfunds | 16 | 2,632 | 2,034 |
| Totalcharity funds | 37,232 | 35,458 |
| CHARITY BALANCESHEET Asat31 March2024 |
|||
|---|---|---|---|
| Notes | 2024 | 2023 | |
| f'000 | f'000 | ||
| Fixed Assets: | |||
| Tangibleassets | 9 | 21,049 | 2L,855 |
| Currentassets: | |||
| Work inprogress Debtors |
tt | 283 2,066 |
139 4,910 |
| Currentasset investments | 9,000 | ||
| Cashatbank and inhand | 7,893 | L2,r20 | |
| Total currentassets | 19,242 | T7,169 | |
| Liabilities: | |||
| Creditorsfallingduewithinoneyear | 12 | (3,059) | (3,566) |
| NetCurrentassets | 16,l_83 | 13 603 | |
| Totalassets lesscurrent liabilities | 37,232 | 35,458 | |
| Creditorsfallingdueafteroneyear | |||
| Total netassets | 37,232 | 35,458 | |
| Thefundsofthecharity: | |||
| Generalfunds | 15 | 3,242 | 3,472 |
| Designatedfunds | 15 | 31",358 | 29,952 |
| Total unrestrictedfunds | 34,600 | 33,424 | |
| Restrictedfunds | 1,6 | 2,632 | 2,034 |
| Total charity funds | 37,232 | 35,458 |
| CONSOLIDATEDSTATEM ENTOFCASHFLOWS Asat 3LMarch 2024 |
|||
|---|---|---|---|
| Notes | 2024 | 2023 | |
| f'000 | f'000 | ||
| Cashflowsfromoperatingactivities: | |||
| Netcashflowprovidedbyoperatingactivities | 18 | (433) | 3,595 |
| lncome taxes received | 5,040 | 842 | |
| 4,607 | 4,437 | ||
| Cashflowsfrominvesting activities: | |||
| Bankinterest | 434 | 155 | |
| Purchaseof property, plantandequipment | (2ss) | (47| | |
| lncrease incurrentassetinvestments | (9,ooo) | ||
| Netcashusedininvesting activities | (8,821) | 108 | |
| Changeincash inthereportingperiod | (4,2r4) | 4,545 | |
| Cashatthebeginning ofthereportingperiod | 12,549 | 8,004 | |
| Cashattheend ofthereporting period | 8,335 | 12,549 |
| General | Restricted | Total | Total | |
|---|---|---|---|---|
| Funds | Funds | 2024 | 2023 | |
| Ê000s | €000s | Ê000s | €000s | |
| ArtsCouncilEngland-NationalPortfolio | 6,012 | 6,012 | 6,328 | |
| Organisationrevenuefunding | ||||
| Trustsandfoundations | 1,6 | 403 | 419 | 590 |
| Toial2024 | 6,028 | 403 | 6,431. | 6,91-8 |
| Total2023 | 6,415 | 503 | 6,91_8 |
| .EXPENDITUREON: | ||||||
|---|---|---|---|---|---|---|
| RAISINGFUNDS | General | Designated | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | Funds | ||
| Notes | 2024 | 2024 | 2024 | 2024 | 2023 | |
| Ê'000 | Ê'000 | Ê'000 | f'000 | f'000 | ||
| Supportcosts | 5 | L08 | 40 | 1. | 149 | 218 |
| Events | 1.4 | 1,4 | 77 | |||
| Other fundraisingcosts | 580 | 580 | 523 | |||
| fotal2024 | 702 | 40 | 1. | 743 | 818 | |
| Total2023 | 754 | 63 | 1 | 818 |
| COMMERCIALTRADING | ||||||
|---|---|---|---|---|---|---|
| OPERATIONS | General | Designated | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | Funds | ||
| Notes | 2024 | 2024 | 2024 | 2024 | 2022 | |
| Ê'000 | Ê'000 | f'000 | Ê'000 | f'000 | ||
| Supportcosts | 5 | 74 | 27 | 1 | r02 | 94 |
| OtherCommercialTradingCost | 409 | 409 | 259 | |||
| Total2024 | 483 | 27 | 1, | 511 | 353 | |
| Total2023 | 326 | 27 | 353 |
| General | Designated | Restricted | Total | Total | ||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | ||
| Notes | 2024 | 2024 | 2024 | 2024 | 2023 | |
| f'000 | Ê'000 | Ê'000 | f'000 | f'000 | ||
| Productions and Performances | ||||||
| Supportcosts | 5 | 2,499 | 922 | 2I | 3,432 | 4,817 |
| Productionand rehearsalcosts | l_,853 | 370 | 2,223 | 901 | ||
| Performancecosts | 5,058 | 5,058 | 4,260 | |||
| Artists | 3,898 | 294 | 4,192 | 4,r85 | ||
| Technical, stage,wardrobe | 944 | 944 | 902 | |||
| Producing | 233 | 233 | 218 | |||
| Music | 236 | 236 | 283 | |||
| Medical andwelfare | 504 | 504 | 467 | |||
| Marketingandpublicity | 2,r70 | 2,r70 | 2,016 | |||
| Tolal 2024 | 17,385 | 922 | 685 | lg,gg2 | 1.9,049 | |
| Total2023 | 15,996 | r,387 | 666 | 18,049 | ||
| GeneraI | Designated | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | Funds | ||
| Notes | 2024 | 2024 | 2024 | 2024 | 2023 | |
| f'000 | f'000 | f'000 | Ê'000 | f'000 | ||
| Outreach and Engagement | ||||||
| Supportcosts | 5 | 130 | 48 | 1 | 179 | 242 |
| Programmecosts | ro2 | 312 | 41,4 | 38L | ||
| Programmemanagement& | 323 | 323 | 283 | |||
| administratlon | ||||||
| Total 2024 | 555 | 48 | 313 | 91_6906 | ||
| Total2023 | 441, | 70 | 395 | 906 |
| .SUPPORTCOSTS | ||||||
|---|---|---|---|---|---|---|
| Productions | Commerclal | |||||
| & | Outreach& | Raising | Trading | Total | Total | |
| Performance | Engagement | Funds | Operations | |||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | |
| f'000 | Ê'000 | Ê'000 | €'000 | f'000 | f'000 | |
| Managementandadministration | 2,135 | 1,12 | 92 | 64 | 2,403 | 2,42r |
| ExceptionalVAT backclaim* | (1,031) | (s4) | (44) | (31) | (1,160) | |
| Premises andfacilities | 1,,394 | 72 | 60 | 41, | 1,557 | 1,493 |
| Depreciation charge | 944 | 49 | 41, | 28 | 1,062 | 1,,457 |
| roâ12024 | 3,432 | 179 | 1.49 | 1,02 | 3,962 | 5,371 |
| Total2023 | 4,8\7 | 242 | 2r8 |
94 | 5,371 |
| NGIISH NATIONALBALLET(Limitedby guarantee) egisteredCompanyNumber: 735040 harity Registration Number:2I4OOí .EXPENDITURE |
||
|---|---|---|
| Total | Total | |
| 2024 | 2023 | |
| f'000 | Ê'000 | |
| The net income/(expenditure)isstatedaftercharging: | ||
| Operatingleaseslandand buildings,officeequipment | 142 | 135 |
| Depreciationchargeontangible fixedassets | r,o6t | 'J-,457 |
| Governancecosts: | ||
| Auditors'remuneration:groupand charity audit | 47 | 47 |
| Nonauditservices | 1,6 | 9 |
| Legal costs | 1,6 | 30 |
| heaveragemonthly headcountwas232staff(2023:204staff) ull-timeequivalent employeesduring theyearwereasfollows: |
andtheaveragemont | hlynumbe |
|---|---|---|
| 2024 | 2023 | |
| FTE | FTE | |
| Engagementandoutreach | 6 | 4 |
| Artisticmanagement | L0 | 11, |
| Dancers Producing, medical,companymanagement |
75 I |
72 10 |
| Orchestraand musicmanagement | 1"3 | 1,1 |
| Technical,stages,wardrobe | 31. | 28 |
| Marketingandcommunications | t1 | 8 |
| Fundraising | 9 | 7 |
| Operations Managementandadministration |
1,6 L5 |
12 t4 |
| Total | 194 | 177 |
| Total | Total | |
| 2024 | 2023 | |
| Ê000s | Ê000s | |
| The aggregatepayrollcostsof theseemployees were | ||
| Wages andsalaries | 9,051- | 8,280 |
| Socialsecuritycosts | 905 | 880 |
| Pensions | 366 | 324 |
| Totalemployeecosts | r0,322 | 9,484 |
| Freelancestaff | 289 | 260 |
| Total | r0,61-r | 9,744 |
| Thenumberof employees whoseemoluments, including bfiti kid i fÊ |
||
|---|---|---|
| enesn n,werenexcesso60,000 was: | 2024 | 2023 |
| Ê60,000toÊ69,999 | 8 | 6 |
| Ê70,000toÊ79,999 | 6 | 7 |
| f80,000tof89,999 | 4 | 1, |
| f90,000 toÊ99,999 | 2 | 2 |
| f1-20,000 To129,999 | 1, | |
| fL50,000tofL59,999 | 1, | t" |
| Ê160,000to€169,999 | 1, | 1, |
| Ê1-80,000to€189,999 | 1, | |
| 23 | 19 |
| Group&Charity | Long | Leasehold | Plant& | Furniture& | Total |
|---|---|---|---|---|---|
| Leasehold | lmprovements | Equipment | Fittings | ||
| Ê000s | Ê000s | Ê000s | Ê000s | Ê000s | |
| Cost | |||||
| LApril2023 | 2 5 53 |
1,4,839 | 6,454 | 2,O44 | 28,590 |
| Additions | 255 | 255 | |||
| 31.\Aarch 2024 | 5,253 | 1,4,839 | 6,709 | 2,044 | 29,845 |
| Depreciation | |||||
| tApril2023 | 420 | 1-,620 | 3,535 | 1,,1,60 | 6,735 |
| Chargefor theyear | 105 | 313 | 495 | 1,48 | 1_,06r |
| 31.March 2024 | 525 | 1,,933 | 4,030 | 1,308 | 7,796 |
| Net book value | |||||
| 3LMarch 2024 | 4,728 | 12,906 | 2,679 | 736 | 2!,049 |
| 31 March2023 | 4,833 | 1,3,219 | 2,919 | 884 | 2L,g55 |
| 2024 | 2023 |
|---|---|
| î. | Ê |
| 2 | 2 |
| 2024 | 2023 | |
|---|---|---|
| Ê000s | f000s | |
| Turnover | 3,062 | 1_,200 |
| Expend itu re | (2,97r) | (270) |
| Netprofit | 91. | 930 |
| Reservesbroughtforward Amount distributedtoEnglish National Balletunder deed ofcovenant |
(e1) | (e3o) |
| Reservescarriedforward | ||
| 2023 | 2023 | |
| €000s | f000s | |
| Theassetsheldinthesubsidiarytradingcompanywere | ||
| Currentassets | L,602 | L,546 |
| Currentliabilities | (1,602) | (1,,546]l |
| Netassets | ||
| Aggregate share capitalandreserves |
| )Company:ENBProductionsLimited | ||
|---|---|---|
| 2023 | 2022 | |
| f | Ê | |
| Sharesin subsidiaryundertaking | 2 | 2 |
| NGLISHNATIONALBALLET(Limitedbyguarantee) egisteredCompany Number: 735040 harity RegistrationNumber:2I4OOi 11.DEBTORS |
||||
|---|---|---|---|---|
| 2024 | 2024 | 2023 | 2023 | |
| Group | Charity | Group | Charity | |
| f000s | Ê000s | Ê000s | Ê000s | |
| Tradedebtors | 501 | 128 | 208 | 72 |
| Amountsowedbysubsidiaryundertaking | ||||
| VAT | 987 | 987 | 2,126 | 2,126 |
| Otherdebtors | 4 | 4 | 2,056 | 2,056 |
| Prepayments and accrued income | 948 | 947 | l-,658 | 656 |
| 2,440 | 2,066 | 6,049 | 4,9r0 |
| T2. | CREDITORS | 2024 | 2024 | 2023 | 2023 |
|---|---|---|---|---|---|
| Group | Charity | Group | Charity | ||
| Ê000s | €000s | Ê000s | f000s | ||
| Tradecreditors | 3t2 | 312 | 272 | 272 | |
| Amounts | owedtosubsidiaryundertaking | 786 | 721 | ||
| SocialsecurityandPAYE | 222 | 222 | 195 | 195 | |
| Othercreditors | 156 | L56 | 929 | 929 | |
| Accruals | 1,,342 | 1_,341, | 1,227 | r,226 | |
| Deferred | income | L,843 | 242 | 2,510 | 223 |
| 3,875 | 3,059 | 5,1-33 | 3,566 |
| 2024 | 2024 | 2023 | 2023 | |
|---|---|---|---|---|
| Group | Charity | Group | Charity | |
| t000s | €000s | f000s | Ê000s | |
| Balancebrought forward at1April | 2,5I0 | 223 | !,777 | 57 |
| Prioryeardeferred incomereleasedinyear | (1,,428|(223) | (s41) | (s7) | |
| lncomedeferredinyear | 761 | 242 | 1,,274 | 223 |
| Balancecarriedforward | 1,,843 | 242 | 2,51,0 | 223 |
| NGIISH NATIONALBALLET(Limitedby g egistered ComPanYNumber:735040 harity RegistrationNumber: 274005 5.UNRESTRICTEDRESERVE |
uarantee) S |
||||||
|---|---|---|---|---|---|---|---|
| 2024 | Balance at | lncome&Expenditure | Transfers | Balanceat | |||
| lApril | othergains | 3L March | |||||
| 2023 | 2024 | ||||||
| Group: GeneralFunds |
f000s 3,472 |
f000s f000s 20,939 (r9,r25) |
Ê000s (2,044) |
€000s 3,242 |
|||
| Designated funds: | |||||||
| City lsland2020ProiectFixed | 21_,556 | (1,016) | 20,540 | ||||
| Assetfund | |||||||
| Fixed assetfund | 88 | (2t| | 255 | 322 | |||
| CapitalMaintenanceReserve | 5,501- | s60 | 6,061 | ||||
| Capital Equipmentfund | 300 | 468 | 768 | ||||
| BBCDiana,PrincessofWales | 203 | 203 | |||||
| Fund | |||||||
| New Works fund | 400 | (400) | |||||
| CreativeDevelopmentFund | 1,560 | l_,560 | |||||
| Overheadlnflation fund | 450 | 450 | |||||
| CRF3Conditionalfund | t,!04 | L,r04 | |||||
| ArtisticDirectorTransition | 350 | 350 | |||||
| Periodfund Designated funds Total UnrestrictedReserves |
29,952 (1,037) 33,424 20,939(20,1.62) |
2,443 399 |
3l_,358 34,600 |
| 2023 | Balanceat | lncome&Expenditure | lncome&Expenditure | Transfers | Balanceat | |
|---|---|---|---|---|---|---|
| lApril | othergains | 3L March | ||||
| 2022 | 2023 | |||||
| Group: GeneralFunds |
Ê000s 3,195 |
Ê000s 19,312 |
Ê000s (17,517) |
Ê000s (1,518) |
Ê000s 3,472 |
|
| Designated funds: | ||||||
| City lsland 2020ProjectFixed | 22,907 | (1,398) | 47 | 21,,556 | ||
| Assetfund | ||||||
| Fixed assetfund | 124 | (36) | 88 | |||
| CapitalMaintenanceReserve | 4,94L | (113) | 673 | 5,501 | ||
| Capital Equipmentfund | 300 | 300 | ||||
| BBCDiana, PrincessofWales | 203 | 203 | ||||
| Fund | ||||||
| New Works fund | 400 | 400 | ||||
| Overheadlnflation fund | 450 | 450 | ||||
| CRF3Conditionalfund | I,IO4 | L,r04 | ||||
| ArtisticDirectorTransition | 350 | 350 | ||||
| Periodfund Designated funds Total UnrestrictedReserves |
29,426 32,621 |
19,312 |
(1,547) (19,064) |
2,073 555 |
29,952 33,424 |
| 2024 | Balance at | lncome | ExpenditureTransfers | ExpenditureTransfers | Balanceat |
|---|---|---|---|---|---|
| Group and Charity | lApril | 3l- March | |||
| 2023 Ê000s |
Ê000s | Ê000s | f000s | 2024 f000s |
|
| Outreach andengagement | 196 | 241 | (31.2) | 125 | |
| Production development | 6 | 861 | (370) | 497 | |
| New Worksfund | l_,059 | 146 | L,205 | ||
| Talentdevelopment | 340 | 350 | (2s4) | 396 | |
| GoodGrowth fund | 222 | 222 | |||
| Capitalproject-LondonCity | 399 | (3ee) | |||
| lsland | |||||
| ArtsCouncil RecoveryPlan | 21,r 2,034 |
1,997 |
(24\ (1,ooo)(3ss) |
187 2,632 |
|
| 2023 | Balanceat | lncome | ExpenditureTransfers | Balance at | |
| Group and Charity | lApril | 31"March | |||
| 2022 | 2023 | ||||
| Ê000s | Ê000s | f000s | Ê000s | Ê000s | |
| Outreachandengagement | 260 | 330 | (3e4) | 196 | |
| Production development | 134 | ]-99 | (327| | 6 | |
| New Worksfund | 124 | 935 | l_,059 | ||
| Talentdevelopment | 509 | 149 | (318) | 340 | |
| GoodGrowth fund | 222 | 222 | |||
| Capitalproject-LondonCity | s55 | (sss) | |||
| lsland | |||||
| ArtsCouncil RecoveryPlan | 234 L,483 |
2,168 | (23\ (L,062) |
(555) | 2tr 2,034 |
| esignatedor restricted fund. | ||||
|---|---|---|---|---|
| 2024 | U nrestricted | Unrestricted | Restricted | Total |
| General | Designated | 2024 | ||
| Funds | Funds | Funds | Funds | |
| Ê000s | €000s | Ê000s | Ê000s | |
| Transfer ofRestrictedLCI(LondonCity | 399 | (3ss) | ||
| lsland)Fixed Asset FundtoCapital | ||||
| MaintenanceReserve | ||||
| TransfertoCapital Equipmentfund | (468) | 468 | ||
| TransferfromNewWorksfund | 400 | (400) | ||
| TransferofCreative Developmentfund | (1,560) | l-,560 | ||
| TransfertoCapitalMaintenanceReserve | (161) | 161 | ||
| TransferofCapital SpendtoDesignated | (2ss) | 255 | ||
| (2,044) | 2,443 | (3se) |
| NGLISHNATIONAIBATLET(Limitedbyguarantee) egisteredCompany Number: 735040 harity RegistrationNumber:2t4005 |
||||
|---|---|---|---|---|
| 2023 | U nrestricted | U nrestricted | Restricted | Total |
| General | Designated | 2023 | ||
| Funds | Funds | Funds | Funds | |
| f000s | f000s | f000s | f000s | |
| Transferof RestrictedLCI(LondonCity | 555 | (sss) | ||
| lsland)FixedAssetFundtoCapital | ||||
| MaintenanceReserve | ||||
| TransfertoBBCDiana,PrincessofWales | (203) | 203 | ||
| fu nd | ||||
| TransfertoCapital Equipmentfund | (3oo) | 300 | ||
| TransfertoNewWorks fund | (400) | 400 | ||
| TransfertoOverhead lnflationfund | (4s0) | 450 | ||
| TransfertoFixedAssetFund | (16s) | 165 | ||
| (1,518) | 2,073 | (sss) |
| 18. RECONCILIATION OFNETMOVEMENTINFUNDSTO ACTIVITIES: |
NET CASHFLOW FROM | OPERATIN |
|---|---|---|
| 2024 Ê000s |
2023 €000s |
|
| Net incomefor thereportingperiod(asper the StatementofFinancialActivities|I,174 |
1-,354 | |
| Adjustmentsfor: | ||
| Taxation Credit | (2,987|(2,053) | |
| Depreciation charge lnterestreceivable |
1-,06r (s73) |
1,,457 (22s) |
| Decrease/(increase)inworkinprogress | (1.44|(103) | |
| Decrease/(increase) indebtors | 1,694 | 2,285 |
| lncrease/(decrease)in creditors | (1,258) | 880 |
| Netcashinflow/(outflow)fromoperatingactivities | (433) | 3,595 |
| lApril | 3LMarch | |||
|---|---|---|---|---|
| NET | DEBT | 2023 | Cashflow | 2024 |
| f000s | Ê000s | Ê000s | ||
| Cash | atbank andinhand | 12,549 | (4,214) | 8,335 |
| 2024 | U nrestricted | U nrestricted | Restricted | folal2024 |
|---|---|---|---|---|
| Group | General Funds Ê000s |
Designated Fundsf000s |
FundsÊ000s | Fundsf000s |
| Fixed assets | 20,862 | t87 | 21,,049 | |
| Work inprogress | 283 | 283 | ||
| Debtors | 2,440 | 2,440 | ||
| Currentassetinvestments | 9,000 | 9,000 | ||
| Cashatbank | 4,394 | 1,,496 | 2,445 | 9,335 |
| Creditors | (3,87s) | (3,875) | ||
| 3,242 | 3l-,358 | 2,632 | 37,232 |
| 2023 | U nrestricted | U nrestricted | Restricted | Total2023 |
|---|---|---|---|---|
| Group | General | Designated | ||
| tunds€000s | Funds Ê000s | Fundsf000s | Fundsf000s | |
| Fixedassets | 21_,644 | 21,1 | 21,855 | |
| Work inprogress | 139 | 139 | ||
| Debtors | 6,048 | 6,048 | ||
| Cashatbank | 2,4r8 | 8,308 | 1,,823 | 12,549 |
| Creditors | (5,L33) | (5,133) | ||
| 3,472 | 29,952 | 2,034 | 35,458 |
| Not later | Later than | Later than | Tolal2O24 | Total2023 | |
|---|---|---|---|---|---|
| thanone | oneyear but | fiveyears | |||
| year | notlater | ||||
| than five | |||||
| years | |||||
| Ê000s | f000s | Ê000s | f000s | f000s | |
| Officeequipment | 2 | 2 | 7 | ||
| Landand buildings | 138 | 550 | 413 | 1,,101 | 'J_,238 |
| 1.40 | 550 | 413 | l_,103 | 1,245 |
| Not later | Later than | Laterthan | Tolal2O24Total2023 | Tolal2O24Total2023 | |
|---|---|---|---|---|---|
| thanone | oneyear but | fiveyears | |||
| year | notlater | ||||
| than five | |||||
| years | |||||
| f000s | f000s | Ê000s | f000s | f000s | |
| Minimum | |||||
| licensepayments | 24 | 24 | 69 | ||
| 24 | 24 | 69 |