##
||||Page|
|---|---|---|---|
|Reference and administrative|details ofthe Theatre, Its Trustees and advisers||1-2|
|Chairman's
statement||||
|Trustees'
report|||4-12|
|Independent
auditors'
report|on the financial|statements|13 - 16|
|Consolidated
statement
offinancia activities|||17|
|Consolidated
balance sheet|||18|
|Theatre balance sheet||||
|Consolidated
statement
ofcash flows|||20|
|Notes to the financial statements|||21 - 51|
##
##
|Trustees|Mr D P Hanson,|Chair (appointed
17June 2021)|
|---|---|---|
||Mr SFergusson,|Chair (resigned 30September 2021)|
||Cllr R M J Bailey||
||Mr P Carvell||
||Mr N Dodzo (resigned
1 January 2022)||
||Mr W H Glen LLB(resigned 31 December 2021)||
||Ms A Hay||
||Mrs SA Bates||
||Mr C T Huggins|(appointed
10July 2021)|
||Mr A F Pollock||
||Ms KJ Reid BA|Hone (resigned 31 December 2021)|
||Cllr A C Skipper||
||Mrs R LWarwick|(appointed
20 July 2021)|
||Mr J J Wilby||
||Ms N C Daley (appointed
17June 2021)||
||Mr C A Bell (appointed
30September 2021)||
||Mrs LA Elliot (appointed
1 January 2022)||
||Mr C M Campbell|(appointed
1 January 2022)|
||Miss TG Sinden|(appointed 30September 2021)|
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|||||Unrestricted|Restricted|Designated|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|funds|
|||||2022|2022|2022|2022|2021|
||||Note|E|E|E|E||
|Income and|||||||||
|endowments||from:|||||||
|Donations
and||legacies||1,611,255|2,906,960||4,618,205|6,150,808|
|Charitable
activities||||2,017,398|||2,017,398|146,482|
|Other trading|activities|||1,067,351|||1,067,351|132,887|
|Investments||||276|||276|383|
|Total Income||and|||||||
|endowments||||4,696,280|2,906,950||7,603,230|6,430,560|
|Expenditure|on:||||||||
|Raising funds|||8|997,574|||997574|462 503|
|Charitable
activities|||9|3,096,656|1,822,909|170,378|5,089,943|3,064,016|
|Total expenditure||||4,094,230|1,822,909|170,378|6,087,517|3,526,519|
|Net (expenditure)|||||||||
|/Income
before|||||||||
|transfers||||602,060|1,084,041|(170,378)|1,51S,713|2,904,041|
|Transfers
between|||||||||
|funds|||20|(669,918)|1,156|668,762|||
|Net movement||In|||||||
|funds||||(67,868)|1,085,197|498,384|1,516,713|2,904,041|
|Net movement||in|||||||
|funds||||(67,868)|1,085,197|498,384|1,616,713|2,904,041|
|Reconciliation||of|||||||
|funds:|||||||||
|Total funds brought|||||||||
|forward||||584,284|12,234,721|1,980,319|14,799,324|11,895,283|
|Net movement||in funds||(67,868)|1,085,197|498,384|1,516,713|2,904,041|
|Total funds carried|||||||||
|forward||||616,416|13,319,918|2,478,703|16,315,037|14,799,324|
##
##
|||||2022||2021|
|---|---|---|---|---|---|---|
|||Note||E||E|
|Fixed assets|||||||
|Tangible assets||14||14,736,961||14,054,547|
|Current assets|||||||
|Stocks||16|23,416||27,770||
|Debtors||17|1,167,676||770,555||
|Cash at bank and in hand|||3,094,007||2,334,416||
||||4,274,998||3,132,741||
|Creditors: amounts|falling due within one||||||
|year||18|(2,146,222)||(1,248,098)||
|Net current assets||||2,129,776||1,884,643|
|Total assets less current liabilities||||16,866,727||15,939,190|
|Creditors: amounts|falling due after more||||||
|than one year||19||(661,690)||(1,139,866)|
|Total net assets||||16,316,037||14,799,324|
|Charity funds|||||||
|Designated
funds||20||2,478,703||1,980,319|
|Restricted
funds||20||13,319,918||12,234,721|
|Unrestricted
funds|||||||
|Generalfunds||||616,416||584,284|
|||20|||||
|Totalfunds||||16,316,037||14,799,324|
##
|||||2022||2021|
|---|---|---|---|---|---|---|
|||Note||E||E|
|Fixed assets|||||||
|Tangible assets||14||14,736,951||14,054,547|
|Investments||15||4||4|
|||||14,736,956||14,054,551|
|Current assets|||||||
|Stocks||15|7,319||20,526||
|Debtors||17|1,399,607||1,015,997||
|Cash at bank and in hand|||2,768,578||2,201,521||
||||4,175,504||3,239,044||
|Creditors: amounts|falling due within one||||||
|year||18|(1,961,307)||(1,199,144)||
|Net current assets||||2,214,197||2,039,900|
|Total assets less current liabilities||||16,961,162||15,094,451|
|Creditors: amounts|falling due afier more||||||
|than one year||19||(561,690)||(1,139,866)|
|Total net assets||||16,399,462||14,954,585|
|Charity funds|||||||
|Designated
funds||20||2,478,703||1,980,319|
|Restricted funds||20||13,319,918||12,234,721|
|Unrestricted
funds||20||600,841||739,545|
|Total funds||||16,399,462||14,954,585|
##
##
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||||||Note|6|6|
|Cash flows from operating||activities||||||
|Net cash used
in operating|activities||||23|2,657,969|3,196,456|
|Cash flows from investing||activities||||||
|Interest received||||||276|383|
|Purchase
oftangible
fixed assets||||||(1,334,947)|(2,474,272)|
|Net cash used In Investing||activities||||(1,334,671)|(2,473,889)|
|Cash flows from Rnancing||activities||||||
|Cash inflows from new borrowing|||||||1,000,000|
|Repayments
of borrowing||||||(653,282)|(15,440)|
|Interest paid||||||(10,435)|(12,000)|
|Net cash (used in)/provided||by Rinanclng||activities||(563,717)|972,560|
|Change
in cash and cash||equivalents|In|the year||759,581|1,695,127|
|Cash and cash equivalents||at the beginning||ofthe year||2,334,416|639,289|
|Cash and cash equivalents||at the end of||the year|24|3,093,997|2,334,416|
|The notes on pages 21 to 51 form part ofthese financial statements||||||||
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|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021|2021|2021|
|||||E||E|
|Donations|||||||
|Donations||||22,784||22,784|
|Capital development|||project 2020||233,243|233,243|
|Grants|||||||
|Coventry
City Council||||595,052||595,052|
|Arts Council|England|||959,552|1,128,624|2,088,176|
|Capital development|||funding 2020||2,604,201|2,604,201|
|Government|grants||||||
|Coronavirus|Job|Retention Scheme income||549,595||549,595|
|Local Restrictions||Support Grant income||32,757||32,757|
|Retail, Hospitality||and|Leisure Grant Fund income|25,000||25,000|
|Total 2020||||2,184,740|3,966,068|6,150,808|
##
||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2022|2022|
||E||
|Boxoflice|1,851,330|1,851,330|
|Grant and other income|166,068|166,068|
|Total 2022|2,017,398|2,017,398|
||Unrestricted|Total|
||funds|funds|
||2021|2021|
||E|E|
|Boxoffice|72,026|72,026|
|Grant and other income|74,456|74,456|
|Total 2021|146,482|146,482|
##
##
##
##
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2022|2022|
|||8|8|
|Conferencing||74,188|74,188|
|Ice cream and merchandise||65,190|65,190|
|Production|services|381,603|381,603|
|Drama classes and workshops||14,140|14,140|
|Catering||532,230|532,230|
|Total2022||1,067,351|1,067,351|
##
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2021|2021|
|||6|6|
|Conferencing||6,219|6,219|
|Icecream|and merchandise|1,677|1,677|
|Production|services|20,773|20,773|
|Drama classes and workshops||4,643|4,643|
|Catering||99,575|99,575|
|||132,887|132,887|
##
##
##
##
||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2022|2022|
||||E|E|
||Interest receivable||276|276|
||||Unrestricted|Total|
||||funds|funds|
||||2021|2021|
||||E|E|
||Interest receivable||383|383|
|8.|Expenditure|on raising funds|||
||Costs of raising funds||||
||||||Unrestricted|Total|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2022|2022|
||||||E|E|
|Fundraising|cost|ofgrants|and|donations|4,590|4,690|
||||||Unrestricted|Total|
||||||funds|funds|
||||||2021|2021|
||||||E|E|
|Fundraising|cost|ofgrants|and|donations|4,120|4,120|
##
##
##
##
|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2022|
|||||E|F|
|Conference|costs|||5,931|5,931|
|Icecream and merchandise|||costs|13,618|13,618|
|Production
services costs||||314,792|314,792|
|Drama and|workshop|costs||1,309|1,309|
|Catering costs||||249,480|249,480|
|Other staff costs||||2,363|2,363|
|Premises costs||||43,549|43,549|
|Other costs||||7,226|7,226|
|Wages and|salaries|||331,448|331,448|
|Social security costs||||19,258|19,258|
|||||988,974|988,974|
|||||Unrestricted|Total|
|||||funds|funds|
|||||2021|2021|
|||||E|E|
|Conference|costs|||487|487|
|Ice cream and merchandise|||costs|3,582|3,582|
|Production|services|costs||34,500|34,500|
|Drama and|workshop|costs||1,004|1,004|
|Catering costs||||71,344|71,344|
|Other staff|costs|||545|545|
|Premises costs||||31,220|31,220|
|Other costs||||2,191|2,191|
|Wages and|salaries|||280,856|280,856|
|Social security costs||||23,109|23,109|
|||||448,838|448,838|
##
##
##
##
##
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2022|2022|
|||E|8|
|Cost ofsales|staff costs|||
|Administration|expenses|4,010|4,010|
|||Unrestricted|Total|
|||funds|funds|
|||2021|2021|
|||6|F|
|Cost ofsales|staff costs|9,545|9,545|
##
##
|||Unrestricted|Restricted|Designated||
|---|---|---|---|---|---|
|||funds|funds|funds|Total|
|||2022|2022|2022|2022|
|||F|6|6||
|Operational|Theatre|3,096,656|1,822,909|170,378|6,089,943|
|||Unrestricted|Restricted|Designated||
|||funds|funds|funds|Total|
|||2021
f|2021
8|2021
E|2021
8|
|Operational|Theatre|2,121,430|904,687|37,899|3,064,016|
##
##
##
|||Staff costs|Depreciation|Other costs|Total|
|---|---|---|---|---|---|
|||2022|2022|2022|2022|
|||E|F|F|E|
|Operational|Theatre|2,016,530|782,428|2,290,985|6,089,943|
|||Staff costs|Depreciation|Other costs|Total|
|||2021|2021|2021|2021|
|||E|E|E|E|
|Operational|Theatre|1,647,976|542,082|873,958|3,064,016|
##
||||Support|Total|
|---|---|---|---|---|
|||Direct costs|costs|funds|
|||2022|2022|2022|
|||E|E|E|
|Operational|Theatre|4,220,679|869,264|5,089,943|
||||Support|Total|
|||Directcosts|costs|funds|
|||2021|2021|2021|
|||E|E|E|
|Operational|Theatre|2,464,537|599,480|3,064,017|
##
##
##
##
##
||||||Total|Total|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2022|2021|
||||||6|6|
|Wages and|salaries||||1,644,971|1,303,991|
|Depreciation|||||742,246|509,691|
|Production|costs||||1,488,630|276,227|
|Community|education||projects||68,679|10,083|
|Front of house costs|||||4,374|4,949|
|Production/activity||marketing||and advertising|261,929|62,855|
|Premises costs|||||99,416|78,572|
|Interest payable|||||10,435|12,000|
|Professional|and|feasibility costs||||206,169|
||||||4,220,679|2,464,537|
##
|||||Total|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2021|
|||||6|6|
|Wages|and|salaries||471,669|343,985|
|Depreciation||||40,183|32,391|
|Administration||overheads||189,939|104,633|
|ITcosts||||99,970|75,441|
|Legal and professional|||charges|42,668|25,310|
|Auditors|remuneration|||19,179|7,150|
|Governance||costs||6,766|10,570|
|||||869,264|599,480|
##
##
|Net Income/(e|xpenditure)|xpenditure)||||
|---|---|---|---|---|---|
|This is stated|after charging:|||||
|||||2022|2021|
|||||6|6|
|Depreciation|oftangible|fixed assets:||||
|-owned|by charitable||group|782,428|542,082|
|Auditors
remuneration||||8,500|7,150|
|Operating
lease costs||||54,842|57,724|
|||||845,770|606,956|
##
|Staff costs||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Group|Group|Theatre|Theatre|
|||||||||2022|2021|2022|2021|
|||||||||6|F|6||
|Wages and salaries (including||||actors)||||2,174,497|1,759,907|1,843,049|1,479,051|
|Social security and pension costs||||||||192,739|192,034|173,481|168,925|
|||||||||2,367,236|1,951,941|2,016,630|1,647,976|
|During the year, the Group recognised
termination
in respect of employees
(2021 - 643,902).See||||||||benefits of6124,025 and
note 2.16 for the accounting||redundancy
costs ofF8,454
policy regarding
employee||
|benefits.
6132,479 (2021 - ENII) was outstanding||||||||at the balance|sheet date.|||
|The average|number|of|persons||employed||by the|Theatre during the year was||as follows:||
|||||||||||Group|Group|
|||||||||||2022|2021|
|||||||||||No.|No.|
|Actors and production||||||||||53|41|
|Front of house, catering|||and|cleaning||||||39|29|
|Marketing||||||||||5|6|
|Administration||||||||||10|12|
|||||||||||107|88|
##
##
##
|rem|uneration
and other benefits|was as follows:|||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||F.|F.|
|Mr|W H Glen LLB|Remuneration|||49,691|76,684|
|||Pension contributions||paid|1,741|4,148|
|||Termination|benefits||38,760||
|Ms|KJ Raid BA Hone|Remuneration|||47,199|67,724|
|||Pension contributions||paid|1,614|3,973|
|||Termination|benefits||36,720||
|Mr|C M Campbell|Remuneration|||13,000||
|||Pension
contributions||paid|390||
|Ms|LAElliot|Remuneration|||19,327||
|||Pension contributions||paid|680||
##
##
##
##
|||Long-term||Furniture,|||
|---|---|---|---|---|---|---|
||Freehold|leasehold|Events|equipment|Assets under||
||property|property
6|equipment|&vehicles
6|construction|Total
6|
|Cost or valuation|||||||
|At 1 April 2021|16,230,062|740,026|506,920|2,244,027|2,139,626|21,859,660|
|Additions|154,800|||95,602|1,214,530|1,464,832|
|Transfers
between|||||||
|classes|2,119,126||||(2,119,126)||
|At 31 March 2022|18,503,988|740,026|505,920|2,339,529|1,235,029|23,324,492|
|Depreciation|||||||
|At 1 April 2021|5,444,700|211,623|605,920|1,642,870||7,805,113|
|Charge for the year|623,187|14,801||144,440||782,428|
|At 31 March 2022|6,067,887|226,424|606,920|1,787,310||8,587,541|
|Net book value|||||||
|At 31 March 2022|12,436,101|613,602||562,219|1,235,029|14,736,951|
|At 31 March 2021|10,785,362|528,403||601,157|2,139,625|14,054,547|
##
##
##
##
||Investments|
|---|---|
||in|
||subsidiary|
||companies|
|Theatre|E|
|Cost or valuation||
|At 1 April 2021||
|At 31 March 2022||
|Net book value||
|At 31 March 2022||
|At 31 March 2021||
##
||||||Group|Group|Theatre|Theatre|
|---|---|---|---|---|---|---|---|---|
||||||2022|2021|2022|2021|
||||||E|E|E|E|
|Materials|and|goods|for|resale|23,416|27,770|7,319|20,526|
##
|||Group|Group|Theatre|Theatre|
|---|---|---|---|---|---|
|||2022|2021|2022|2021|
|||E|E|E|E|
|Due within one year||||||
|Trade debtors||567,569|60,273|450,888|29,226|
|Amounts
owed by group undertakings||||434,790|282,992|
|Other debtors||206,024|178,001|183,304|178,001|
|Prepayments|and accrued income|383,982|532,281|330,626|526,778|
|||1,167,575|770,555|1,399,607|1,016,997|
##
##
##
|Creditors:|Amounts
falling due|within one|year||||
|---|---|---|---|---|---|---|
||||Group|Group|Theatre|Theatre|
||||2022|2021|2022|2021|
||||E|E|E|F.|
|Bank loans and overdraRs||||2,789||2,789|
|Coronavirus
Business Interruption||Loan|||||
|Scheme|||200,000|33,333|200,000|33,333|
|Coventry|City Council loan||18,913|18,012|18,913|18,012|
|Trade creditors|||652,210|104,613|476,655|95,227|
|Amounts|owed to group undertakings||||2|2|
|Other taxation and social security|||eo,ees|32,384|eo,ees|32,384|
|Accruals|||653,754|836,766|650,370|832,770|
|Deferred|income||669,790|220,201|555,812|184,627|
||||2,145,222|1,248,098|1,961,307|1,199,144|
|was acco|
unted
for a|s a grant.||||||
|---|---|---|---|---|---|---|---|
|||||Group|Group|Theatre|Theatre|
|||||2022|2021|2022|2021|
|||||E.|E|E|E|
|Deferred|income at|1 April 2021||220,201|522,553|184,627|503,887|
|Resources deferred||during the year||669,790|220,201|565,812|184,527|
|Amounts|released from previous||periods|(220,201)|(522,553)|(184,627)|(503,857)|
|||||669,790|220,201|655,812|184,627|
##
##
||Group|Group|Theatre|Theatre|
|---|---|---|---|---|
||2022|2021|2022|2021|
||E|E|E|E|
|Bank loans|266,667|956,687|266,667|966,667|
|Otherloans|165,138|173,199|1S5,138|173,199|
|Other creditors|129,885||129,886||
||551,690|1,139,856|651,690|1,139,866|
|Included
within the above are amounts|falling due as follows:||||
||Group|Group|Theatre|Theatre|
||2022|2021|2022|2021|
||E|E|E|E|
|Between one and two years|||||
|Bank loans|200,000|200,000|200,000|200,000|
|Other loans|19,858|21,643|19,858|21,543|
|Between two and five years|||||
|Bank loans|66,667|500,000|66,667|600,000|
|Other loans|66,733|62,603|65,733|62,503|
|Over five years|||||
|Bank loans||165,567||166,657|
|Other loans|69,547|88,953|69,547|88,953|
||||Group|Group|Theatre|Theatre|
|---|---|---|---|---|---|---|
||||2022|2021|2022|2021|
||||E|E|E|E|
|Repayable|by|instalments|69,547|88,953|69,647|88,953|
||||69,547|88,953|69,547|88,953|
##
|Statement offunds|- c|ur|rent ye|ar|||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance at|
|||||Balance at 1|||Transfers|31 March|
|||||April 2021|Income|Expenditure|In/out|2022|
|||||E|F|E|E||
|Unrestricted
funds|||||||||
|General Funds||||584,284|4,696/80|(4,094,230)|(669,918)|516,416|
|Designated
funds|||||||||
|Leasehold
office buildings|||(FA*)|221,488||(7,638)||213,850|
|Renewals
reserve||||69,473||||69,473|
|Lighting
and sound desks
(FA*)|||2013|16,986||(6,617)||11,369|
|Capital development
2007 (FA*)|project|||1,015,000||||1,015,000|
|Revenue
projects I UK
Culture legacy||City of||178,000||||178,000|
|E-Marketing
Project||||36,000||||35,000|
|Red Lane improvement
(FA*)||2013||206,341||(7,163)||199,178|
|Air cooling project 2012 (FA*)||||9,651||(10,011)|4,531|4,171|
|CNC router project 2015|||(FA )|42,380||(7,470)||34,910|
|Capital redevelopment||project|||||||
|2020||||26,000|||(26,000)||
|Restructuring
fund||||161,000||(132,479)||28,521|
|Contingency
fund|||||||300,000|300,000|
|Fixed asset fund (FA')|||||||389,231|389,231|
|||||1,980,319||(170,378)|668,762|2,478,703|
##
##
##
|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at 1|||Transfers|31 March|
|||April 2021|Income|Expenditure|in/out|2022|
|||E|F|F-|E|E|
|Restricted funds|||||||
|Capital development|project||||||
|(FA*)||8,717,901||(277,972)||8,439,929|
|ERDF - capital grant (FA*)||7,962||(1,992)||e,97o|
|Capital redevelopment|project||||||
|2020 (FA*)||3,388,483|10,733|(336,614)||3,062,602|
|Jag Pub development|(FA*)||1,108,419||181,885|1,290,304|
|City of Culture|||698,698|(474,082)|81,786|206,401|
|Culture Recovery Fund (FA*)||120,376|485,100|(326,034)|(153,729)|126,712|
|Garfield Weston grant|||eto,ooo|(401,215)|(108,786)||
|Paul Hamlyn
grant|||146,000|||146,000|
|Coventry
Building Society|||40,000|||40,000|
|F Marks|||6,000|(e,ooo)|||
|Sir Barry Jackson|||3,000|||3,000|
|||12,234,721|2,906,950|(1,822,909)|1,166|13,319,918|
|Total offunds||14,799,324|7,603,230|(6,087,617)||16,316,037|
##
##
||||||||Balance at|
|---|---|---|---|---|---|---|---|
||||Balance at|||Transfers|31 March|
||||1 April 2020|Income|Expenditure|In/out|2021|
||||E|E|E|E|E|
|Unrestricted
funds||||||||
|General Funds|||23,575|2,464,492|(2,583,933)|680,150|584,284|
|Designated
funds||||||||
|Leasehold
office buildings
(FA*)|||229,126||(7,638)||221,488|
|Renewals
reserve|||69,473||||69,473|
|Lighting and sound desks 2013
(FA*)|||22,603||(5,617)||16,986|
|Capital development
2007 (FA*)|project||1,015,000||||1,015,000|
|Revenue projects
/ UK
Culture legacy||City of|178,000||||178,000|
|E-Marketing
Project|||35,000||||35,000|
|Red Lane improvement
(FA*)||2013|213,504||(7,163)||206,341|
|Air cooling project 2012 (FA")|||19,662||(10,011)||9,651|
|CNC router project 2015(FA')|||49,850||(7,470)||42,380|
|Capital redevelopment
2020||project|155,000|||(130,000)|25,000|
|Restructuring
fund||||||161,000|161,000|
||||1,987,218||(37,899)|31,000|1,980,319|
##
##
##
##
|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at|||Transfers|31 March|
|||1 April 2020|Income|Expenditure|In/out|2021|
|||6|6|9|6|6|
|Restricted funds|||||||
|Capital development|project||||||
|(FA*)||8,995,873||(277,972)||8,717,901|
|ERDF - capital grant|(FA*)|9,954||(1,992)||7,962|
|Jag Pub development|(FA*)|878,663|2,837,444|(327,624)||3,388,483|
|City of Culture|||141,005|(163,852)|22,847||
|Culture Recovery Fund (FA*)|||987,619|(133,247)|(733,997)|120,375|
|||9,884,490|3,966,068|(904,687)|(711,150)|12,234,721|
|Total offunds||11,895,283|6,430,560|(3,526,519)||14,799,324|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Summary|offunds - current ye|ar|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at 1|||Transfers|31 March|
|||April 2021
6|Income
6|Expenditure
6|in/outf|2022
6|
|General funds||584,284|4,696,280|(4,094,230)|(669,918)|516,416|
|Designated|funds|1,980,319||(170,378)|668,762|2,478,703|
|Restricted|funds|12,234,721|2,906,960|(1,822,909)|1,156|13,319,918|
|||14,799,324|7,603,230|(6,087,517)||16,316,037|
|Summary|offunds - prior year||||||
|||||||Balance at|
|||Balance at|||Transfers|31 March|
|||1 April 2020
K|Income
6|Expenditure
6|in/out
6|2021
5|
|General funds||23,575|2,464,492|(2,583,933)|680,150|584,284|
|Designated|funds|1,987,218||(37,899)|31,000|1,980,319|
|Restricted|funds|9,884,490|3,966,068|(904,687)|(711,150)|12,234,721|
|||11,895,283|6,430,560|(3,526,519)||14,799,324|
##
##
##
|Analysis|ofn|et assets between
funds
-|current year||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Designated|Total|
||||funds|funds|funds|funds|
||||2022|2022|2022|2022|
||||E|E|E|E|
|Tangible|fixed|assets||12,869,242|1,867,709|14,736,961|
|Current|assets||3,213,328|450,676|610,994|4,274,998|
|Creditors|due|within one year|(2,145,222)|||(2,146,222)|
|Creditors|due|in more than one year|(551,690)|||(561,690)|
|Total|||516,416|13,319,918|2,478,703|16,315,037|
##
|Analysis|ofn|et assets between funds -|prior year||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Designated|Total|
||||funds|funds|funds|funds|
||||2021|2021|2021|2021|
||||E|E|E|E|
|Tangible|fixed|assets|307,980|12,234,721|1,511,846|14,054,547|
|Current|assets||2,664,268||468,473|3,132,741|
|Creditors|due|within one year|(1,248,098)|||(1,248,098)|
|Creditors|due|in more than one year|(1,139,866)|||(1,139,866)|
|Total|||584,284|12,234,721|1,980,319|14,799,324|
##
##
##
|Reconciliati|on
of n|et movement|ln fund|s to net cash flow from oper|ating
activities||
|---|---|---|---|---|---|---|
||||||Group|Group|
||||||2022|2021|
|||||||E|
|Net income|for the year (as per Statement|||of Financial Activities)|1,616,713|2,904,041|
|Adjustments|for:||||||
|Depreciation|charges||||782,428|542,082|
|Interest received|||||(276)|(383)|
|Interest paid|||||10,436|12,000|
|Decrease
in|stocks||||4,364|10,197|
|Decrease/(increase)||in debtors|||(387,020)|22,469|
|Increase/(decrease)||in creditors|||732,336|(293,950)|
|Net cash provided||by operating|actlvldes||2,657,969|3,195,456|
|24.|Analysis|ofcash and cash equivalents|||
|---|---|---|---|---|
||||Group|Group|
||||2022|2021|
|||||E|
||Cash in hand||367,843|145,740|
||Cash held|in deposit accounts|2,726,164|2,188,676|
||Total cash and cash equivalents||3,093,997|2,334,416|
|25.|Analysis|ofchanges
In net debt|||
|||||At 1 April||At 31 March|
|---|---|---|---|---|---|---|
|||||2021|Cash flows|2022|
|||||||E|
|||||E|||
|Cash|at bank and in hand|||2,334,416|769,691|3,094,007|
|Bank|overdrafts|repayable|on demand|(2,789)|2,789||
|Debt|due within|1 year||(61,346)|(167,668)|(218,913)|
|Debt|due aRer 1 year|||(1,139,866)|718,061|(421,805)|
|||||1,140,416|1,312,873|2,453,289|
##
##
##
|||||Group|Group|Theatre|Theatre|
|---|---|---|---|---|---|---|---|
|||||2022|2021|2022|2021|
|||||6|||6|
|Contracted|for but not provided||In these|||||
|financial|statements|||||||
|Acquisition|oftangible|fixed assets|||50,000||50,000|
##
##
|under no|
n~callable
operating leases as follows:|
|py|
|---|---|---|---|
|||Group|Group|
|||2022|2021|
||||6|
|Amounts|payable:|||
|Not later than
1 year||61,864|54,841|
|Later than|1 year and not later than 5years|183,055|201,909|
|Later than|5 years|1,260,903|1,293,903|
|||1,496,812|1,550,653|
##
##
##
##
|Names|||Company|Company|Registered|office or|Principal||Class of|Class of|Holding|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||number||principal
place of||activity||shares|||
||||||business|||||||
|Belgrade|Theatre Enterprises||03883084||Belgrade Theatre,||Trading||Ordinary||100%|
|Limited|||||Corporation|Street,|subsidiary|||||
||||||Coventry,|||||||
||||||West Midlands,|||||||
||||||CV1 1GS|||||||
|Belgrade|Theatre Productions||09268009||Belgrade Theatre,||Production|of|Ordinary||100%|
|Limited|||||Corporation|Street,|theatre|||||
||||||Coventry,||performances|||||
||||||West Midlands,|||||||
||||||CV1 1GS|||||||
|Belgrade|Film & Digital Limited||09268085||Belgrade Theatre,||Production|of|Ordinary||100%|
||||||Corporation|Street,|film & digital|||||
||||||Coventry,||performances|||||
||||||West Midlands,|||||||
||||||CV1 1GS|||||||
|The financial||results ofthe subsidiaries||for the year were:||||||||
|Names|||||Income|Expenditure||ProfIt for||Net|assetsl|
||||||6|||the year||(liabilities)||
||||||||||6||6|
|Belgrade|Theatre Enterprises||Limited||1,067,361|(1,001,212)||66,139|||(84,426)|
|Belgrade|Theatre Productions||Limited||1,100,803|(1,100,803)|||||1|
|Belgrade|Film & Digital Limited||||244,882|(244,882)|||||1|