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|Contents||Pages|
|---|---|---|
|Legal and Administrative|Information||
|Report ofthe Directors|and Trustees|2-4|
|Auditors
Report||5-7|
|Statement
of Financial|Activities||
|Balance Sheet|||
|Notes to the Financial Statements||10-17|
|Appendices||18-21|
|Directors|8|Trustees|Stephen
Bowyer|—Chairman|—Chairman|||
|---|---|---|---|---|---|---|---|
||||Philip Owen —Company||Secretary and Finance||Director|
||||Sheila Knapman|—Vice|Chair (Resigned|16June 2021)||
||||Alison Cahill —Vice Chair (Appointed
16June 2021)|||||
||||Brian Bird —President (Deceased 12 November||||2021)|
||||Gwen Evans|||||
||||Brian Hill- (Deceased15||December 2021)|||
||||Robert Phillips|||||
||||Elizabeth
Parry|||||
||||Sandra Haynes|||||
||||Nicholas Whitehouse|||||
||||Richard
Irons|||||
|Registered||Office|Sheffield Road|||||
||||Sutton Coldfield|||||
||||West Midlands|||||
||||B735HD|||||
|Bankers|||The Co-Operative|Bank|PLC|||
||||1 Balloon Street|||||
||||Manchester|||||
||||M60 4EP|||||
|Auditors|||Haslehursts|||||
||||88 Hill Village Road|||||
||||Four Oaks|||||
||||Sutton Coldfield|||||
||||West Midlands|||||
||||B755BE|||||
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|---|---|---|---|---|---|
|Productions|during the year:-|||Attendance
'/o||
|Snapshots|(Part 1)|(Socially Distanced|Audience|Max 30)|87'/0|
|Snapshots|(Part 2)|(Socially Distanced|Audience|Max 30)|84'/0|
|Deep Cut (Audio and Photographs)||(Socially Distanced|Max 30)||49'/0|
|Lockdown|in Little Grimley|(Socially Distanced|Max 30)||96'/0|
|Disturbing|and Delightful|(Socially Distanced|Max 30)||60'/0|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||Total Funds|Total Funds|
|||Notes|2021|2020|
|Income and endowments|from||||
|Donations,
legacies and grants|||20,001|16,960|
|Investment
income|||34,204|30,651|
|Charitable
activities:|||||
|Bar and catering
income|||356|10,678|
|Players income|||944|10,687|
|Theatre income|||5,449|24,002|
|Film Club income|||393|725|
|TOTAL INCOME AND ENDOWMENTS|||61,347|93,703|
|EXPENDITURE|||||
|Raising Funds|||4,657|3,700|
|Charitable
activities|||66,076|96,543|
|TOTAL EXPENDITURE|||70,733|100,243|
|NET (EXPENDITURE)|||(9,386)|(6,540)|
|Other recognised
gains/(losses):|||||
|Gains/(losses)
on revaluation|offixed assets|||262,120|
|NET (EXPENDITURE) INCOME AND NET||MOVEMENT|||
|IN FUNDS FOR THE YEAR|||(9,386)|255,580|
|Reconciliation
of Funds|||||
|Total funds brought
forward|||1,816,241|1,560,661|
|TOTAL FUNDS CARRIED FORWARD|||1,806,855|1,816,241|
##
||||||2021||2020|
|---|---|---|---|---|---|---|---|
|FIXEDASSETS||||||||
|Tangible Assets|||10||803,605||805,346|
|Investment
properties|||11||800,000||800,000|
||||||1,603,605||1,605,346|
|CURRENT ASSETS||||||||
|Stock|||12|555||647||
|Debtors|||13|17,002||21,069||
|Cash at bank and|in hand|||203,353||204,360||
|||||220,910||226,076||
|CREDITORS: AMOUNTS||FALLING||||||
|DUE WITHIN ONE YEAR|||14|(17,660)||(15,181)||
|NET CURRENT ASSETS|||||203,250||210,895|
|TOTAL ASSETS LESSCURRENT||||||||
|LIABILITIES|||||1,806,855||1,816,241|
|NET ASSETS|||||1,806,855||1,816,241|
|FUNDS||||||||
|Unrestricted
funds|||||1,806,855||1,816,241|
|TOTAL FUNDS|||15||1,806,855||1,816,241|
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|2.|INCOME|FROM|DONATIONS|AND|LEGACIES|2021|2020|
|---|---|---|---|---|---|---|---|
|||||||E||
||Donations|||||64|6,960|
||Grants|||||19,937|10,000|
|||||||20,001|16,960|
||Covid-19 Business
Grants
wer
current year.|Covid-19 Business
Grants
wer
current year.|e received
from|Birmingham
|City Council|during
th|
|---|---|---|---|---|---|---|
||INVESTMENT INCOME||||2021|2020|
||||||F|f|
||Bank interest||||3,124|(490)|
||Rent received||||31,080|31,141|
||||||34,204|30,651|
|4.|INVESTMENT MANAGEMENT||COSTS||2021|2020|
|||||||E|
||Investment
property|letting agents fees|||4,657|3,700|
||CHARITABLE ACTIVITIES COSTS|||Note|2021|2020|
||Bar and catering costs||||399|6,316|
||Development
costs||||2,761|9,382|
||Players —costs||||478|8,458|
||Theatre —costs||||40,853|50,077|
||Film Club —costs||||306|843|
||Depreciation||||16,643|16,169|
||Governance
costs||||4,636|5,298|
||||||66,076|96,543|
|6.|GOVERNANCE
COSTS||||2021|2020|
||||||E||
||Accountancy||||1,520|2,395|
||Auditors'
remuneration||||3,116|2,903|
||||||4,636|5,298|
##
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|NET INCONIE/(EXPENDITURE)|FOR THE YEAR|2021f|2020
E|
|---|---|---|---|
|This is stated after charging:-||||
|Auditor's
remuneration||3,116|2,903|
|Depreciation||16,643|16,169|
|Bookkeeping||1,520|2,395|
|||21,379|21,467|
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|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Freehold|||
||Land &|Plant &||
||Buildings|Equipment|Total|
|Cost||||
|At 1 August 2020|807,230|82,227|889,457|
|Additions
Disposals||15,900
(2,287)|15,900
(2,287)|
|At 31 July 2021|807,230|95,840|903,070|
|Depreciation||||
|At 1 August 2020
Charge for the year|67,925
9,745|16,186
6,898|84,111
16,643|
|Disposals||(1,289)|(1,289)|
|At 31 July 2021|77,670|21,795|99,465|
|Net book value||||
|At 31 July 2021|729,560|74,045|803,605|
|At 31 July 2020|739,305|66,041|805,346|
|lf freehold
land and buildings
and invest
would have been included
at the following|ment
properties
had not been re
historical cost:|valued
they|
|---|---|---|
||2021|2020|
||E||
|Cost|1,664,127|1,664,127|
|Depreciation|||
|Brought forward|91,612|86,265|
|Charge for the year|5,347|5,347|
|Carried forward|96,959|91,612|
|Net book value|1,567,168|1,572,515|
##
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|||
|---|---|
|INVESTMENT PROPERTIES|2021|
|Cost||
|At 1 August 2020|800,000|
|Revaluation||
|At 31 July 2021|800,000|
|At 31 July 2020|800,000|
##
##
|no material
in|crease/decrease
in the valuation
at t|he year end.||
|---|---|---|---|
|STOCKS||2021|2020|
||||E|
|Sundry Bar Stocks||555|647|
|DEBTORS||2021|2020|
||||E|
|Trade Debtors||471|491|
|Prepayments|and accrued income|11,835|15,611|
|VAT||4,696|4,967|
|||17,002|21,069|
|14.|CREDITORS —Amounts|CREDITORS —Amounts|Falling Due Within One Year|Falling Due Within One Year|2021|2020|
|---|---|---|---|---|---|---|
|||||||F|
||Trade creditors||||11,777|8,779|
||Accruals||||5,883|6,402|
||||||17,660|15,181|
|15.|FUND RECONCILIATION||At|||At|
||||31.7.20|Income|Expenditure|31.7.21|
|||||||E|
||General|fund|1,816,241|61,347|(70,733)|1,806,855|
##
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|Income and endowments|Income and endowments|from:|||2021||2020|
|---|---|---|---|---|---|---|---|
|Donations,
legacies and grants||||||||
|Donations||||64||6,960||
|Grants received||||19,937||10,000||
||||||20,001||16,960|
|Investment
Income||||||||
|Bank interest||||3,124||(490)||
|Rents received||||31,080||31,141||
||||||34,204||30,651|
|Income from charitable||||||||
|activities||||||||
|Bar sales||||128||6,886||
|Catering sales||||228||3,792||
|Box Office receipts||||2,773||25,231||
|Players —membership||||89||1,356||
|Players —Programme|sales|||||808||
|Theatre —Centre membership||||201||1,238||
|Theatre —Commission|from|exhibitions||||4||
|Theatre —Sundry sales||||||16||
|Theatre —Hire receipts||||1,330||4,236||
|Film Club||||393||725||
|Made
in Sutton income
Street Kats income||||2,000||1,800||
||||||7,142||46,092|
|Total Income and Endowments|||||61,347||93,703|
|Expenditure||||||||
|Raising Funds||||||||
|Investment
property
management|||fees||4,657||3,700|
|Carried forward|||||4,657||3,700|
||||2021||2020||
|---|---|---|---|---|---|---|
|||||||f|
|Brought forward|||4,657||3,700||
|Charitable
Activities:|||||||
|Bar purchases||173||4,884|||
|Catering purchases||226||1,432|||
|Development
—Repairs and|Maintenance|2,761||9,382|||
|Players —Music & Musicians||||150|||
|Players —Scripts||||806|||
|Players —Costumes||||161|||
|Players —Props||||500|||
|Players —Sets||97||1,463|||
|Players —Sound
& Light||||51|||
|Players —Royalties||||2,980|||
|Players —Production
sundries||180||746|||
|Players —Programmes||||638|||
|Players —St John Ambulance||||475|||
|Players —Affiliation fees||||36|||
|Players —LTG Membership|8 expenses|105||105|||
|Players —PRS 8 PPL||96||347|||
|Theatre —Rates||65||726|||
|Theatre —Water||2,877||1,887|||
|Theatre —Insurance||7,948||8,163|||
|Theatre —Light 8 Heat||7,768||13,188|||
|Theatre —Telephone||2,080||2,150|||
|Theatre —Postage||15||614|||
|Theatre —Repairs & maintenance||14,989||15,933|||
|Theatre —Printing
& Stationery||292||708|||
|Theatre —Marketing
&Season Guides||968||1,905|||
|Theatre —Cleaning||49||2,304|||
|Theatre —Bad debts
Theatre —Credit Card charges||270||(198)
450|||
|Theatre —Premises Licence||180||180|||
|Theatre —Sundry expenses||154||17|||
|Theatre —Depreciation||16,643||16,169|||
|Theatre —Loss on disposal|offixed assets|998|||||
|Film Club —expenses||306||843|||
|Made
in Sutton expenses||200||2,050|||
|Street Kats expenses||2,000|||||
|Governance
Costs|||61,440||91,245||
|Bookkeeping||1,520||2,395|||
|Auditors'
remuneration||3,116||2,903|||
||||4,636||5,298||
|Total Expenditure|||70,733||100,243||
|Net (Outgoing)
Resources|||(9,386)||(6,540)||
|Gain on revaluation
offixed assets|||||262,|120|
|Net movement
in funds for|the year||(9,386)||255,580||
##
|Bar Income &Expenditure|Account|Account|||
|---|---|---|---|---|
|For the Year Ended 31 July|2021||2021|2020|
||||E|E|
|Bar sales|||128|6,886|
|Less: Bar purchases|||(173)|(4,884)|
|(Deficit)/Surplus
for the year|||(45)|2,002|
|Catering
Income &Expenditure||Account|||
|For the Year Ended 31 July|2021||2021|2020|
|Catering sales
Less: Catering
purchases|||228
(226)|3,792
(1,432)|
|Surplus for the year|||2|2,360|
|Film Club Income &Expenditure||Account|||
|For the Year Ended 31 July|2021||2021|2020|
|||||E|
|Film Club income|||393|725|
|Less: Expenses|||(306)|(843)|
|Surplus/(Deficit)
for the year|||87|(118)|
##
|Development
Income &Expenditure|Development
Income &Expenditure|Account|||||
|---|---|---|---|---|---|---|
|For the Year Ended|31 July 2021||||||
|||||2021||2020|
|Rental Income||||31,080||31,141|
|Less: Expenditure|||||||
|Repairs
& Maintenance
Management
fees|||2,761
4,657||9,382
3,700||
|||||(7,418)||(13,082)|
|||||23,662||18,059|
|Other Income|||||||
|Donations||||64||6,960|
|Interest received
Grants received||||3,124
19,937||(490)
10,000|
|Gain on revaluation|offixed assets|||||262,120|
|Surplus for the year||||46,787||296,649|
##
|For the Ye|
ar Ended 31 July 2021|||||
|---|---|---|---|---|---|
||||2021||2020|
|Income||||||
|Box Office|receipts|855||8,523||
|Players membership||89||1,356||
|Programme|sales|||808||
||||944||10,687|
|Less: Expenditure||||||
|Music & musicians||||150||
|Scripts||||806||
|Costumes||||161||
|Props||||500||
|Sets||97||1,463||
|Sound
& Light||||51||
|Royalties||||2,980||
|Production|sundries|180||746||
|Programmes||||638||
|St John Ambulance||||475||
|Affiliation fees||||36||
|LTG membership||105||105||
|PRS & PPL||96||347||
||||(478)||(8,458)|
|Surplus
for|the year||466||2,229|
##
##
|Highbury
Theatre Other Activities
Income &Expenditure
Account
For the Year Ended 31 July 2021|||||
|---|---|---|---|---|
|||2021||2020|
|Income|||||
|Box Office receipts|1,918||16,708||
|Centre membership|201||1,238||
|Commission
from exhibitions|||4||
|Sundry sales|||16||
|Hire ofTheatre|1,330||4,236||
|Made
in Sutton income|||1,800||
|Street Kats income|2,000||||
|||5,449||24,002|
|Less Expenditure|||||
|Rates|65||726||
|Water|2,877||1,887||
|Insurance|7,948||8,163||
|Light & Heat|7,768||13,188||
|Telephone|2,080||2,150||
|Postage|15||614||
|Repairs
& Maintenance|12,883||13,304||
|Printing
& Stationery|292||708||
|Marketing
&Season Guides|968||1,905||
|Cleaning|49||2,304||
|Audit|3,116||2,903||
|Bookkeeping|1,520||2,395||
|Credit Card charges|270||450||
|Premises
Licence|180||180||
|Fire Alarm contract|902||1,251||
|Lift maintenance|320||505||
|Computer
support|884||873||
|Sundry expenses|154||17||
|Depreciation|16,643||16,169||
|Made
in Sutton expenses
Bad debts
Street Kats expenses|200
2,000||2,050
(198)||
|Loss on disposal
offixed assets|998||||
|||(62,132)||(71,544)|
|(Deficit) for the year||(56,683)||(47,542)|