| 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 | &Trustees | Stephen Bowyer - Chairman |
Stephen Bowyer - Chairman |
Stephen Bowyer - Chairman |
||
|---|---|---|---|---|---|---|
| Philip Owen - Company | Secretary | and Finance | Director | |||
| Brian Bird - President | (Deceased 12 November | 2021) | ||||
| Alison Cahill - Vice Chair | ||||||
| Sheila Knapman | ||||||
| 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 |
| Productions during the year:- |
Attendance % |
|---|---|
| Nell Gwynn | 36% |
| Maurice's Jubilee |
31% |
| House Guest | 45% |
| How the Other Half Loves | 56% |
| Handbagged | 43% |
| Passion Play |
26% |
| Shakespeare Anthology |
16% |
| Northanger Abbey |
40% |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| Total Funds | Total Funds | |||
| Notes | 2022 | 2021 | ||
| Income and endowments | from | |||
| Donations, legacies and grants |
10,248 | 20,001 | ||
| Investment income |
30,584 | 34,204 | ||
| Charitable activities: |
||||
| Bar and catering income |
13,620 | 356 | ||
| Players income | 12,511 | 944 | ||
| Theatre income | 26,301 | 5,449 | ||
| Film Club income | 682 | 393 | ||
| TOTAL INCOME AND ENDOWMENTS | 93,946 | 61,347 | ||
| EXPENDITURE | ||||
| Raising Funds |
4,965 | 4,657 | ||
| Charitable activities |
104,118 | 66,076 | ||
| TOTAL EXPENDITURE | 109,083 | 70,733 | ||
| NET (EXPENDITURE) | (15,137) | (9,386) | ||
| Other recognised gains/(losses): |
||||
| Gains/(losses) on revaluation |
offixed assets | |||
| NET (EXPENDITURE) INCOME AND NET | MOVEMENT | |||
| IN FUNDS FOR THE YEAR | (15,137) | (9,386) | ||
| Reconciliation of Funds |
||||
| Total funds brought forward |
1,806,855 | 1,816,241 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,791,718 | 1,806,855 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| FIXEDASSETS | |||||||
| Tangible Assets | 10 | 797,834 | 803,605 | ||||
| Investment properties |
11 | 800,000 | 800,000 | ||||
| 1,597,834 | 1,603,605 | ||||||
| CURRENT ASSETS | |||||||
| Stock | 12 | 1,061 | 555 | ||||
| Debtors | 13 | 17,126 | 17,002 | ||||
| Cash at bank and | in hand | 195,436 | 203,353 | ||||
| 213,623 | 220,910 | ||||||
| CREDITORS: AINOUNTS | FALLING | ||||||
| DUE WITHIN ONE YEAR | 14 | (19,739) | (17,660) | ||||
| NET CURRENT ASSETS | 193,884 | 203,250 | |||||
| TOTAL ASSETS | LESSCURRENT | ||||||
| LIABILITIES | 1,791,718 | 1,806,855 | |||||
| NET ASSETS | 1,791,718 | 1,806,855 | |||||
| FUNDS | |||||||
| Unrestricted funds |
1,791,718 | 1,806,855 | |||||
| TOTAL FUNDS | 15 | 1,791,718 | 1,806,855 |
| 2. | INCOME FROM DONATIONS | INCOME FROM DONATIONS | AND LEGACIES | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| E | ||||||
| Donations | 10248 | 64 | ||||
| Grants | 19,937 | |||||
| 10,248 | 20,001 | |||||
| Covid-19 Business Grants were | received from Birmingham | City Council. | ||||
| 3. | INVESTMENT INCOME | 2022 | 2021 | |||
| Bank interest | 124 | 3,124 | ||||
| Rent received | 30,460 | 31,080 | ||||
| 30,584 | 34,204 | |||||
| 4. | INVESTMENT MANAGEMENT | COSTS | 2022 | 2021 | ||
| Investment property |
letting agents fees | 4,965 | 4,657 | |||
| CHARITABLE ACTIVITIES COSTS | Note | 2022 | 2021 | |||
| F | ||||||
| Bar and catering costs | 7,614 | 399 | ||||
| Development costs |
5,796 | 2,761 | ||||
| Players —costs | 14,063 | 478 | ||||
| Theatre —costs | 52,340 | 40,853 | ||||
| Film Club —costs | 718 | 306 | ||||
| Depreciation | 17,351 | 16,643 | ||||
| Governance costs |
6,236 | 4,636 | ||||
| 104,118 | 66,076 | |||||
| 6. | GOVERNANCE COSTS |
2022 | 2021 | |||
| Accountancy | 2,075 | 1,520 | ||||
| Auditors' remuneration |
4,161 | 3,116 | ||||
| 6,236 | 4,636 |
| NET INCOME/(EXPENDITURE) | FOR THE YEAR | 2022 | 2021 |
|---|---|---|---|
| This is stated after charging:- | |||
| Auditor's remuneration |
4,161 | 3,116 | |
| Depreciation | 17,351 | 16,643 | |
| Bookkeeping | 2,075 | 1,520 | |
| 23,587 | 21,279 |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Freehold | |||
| Land & | Plant 8 | ||
| Buildings | Equipment | Total | |
| Cost | |||
| At 1 August 2021 | 807,230 | 95,840 | 903,070 |
| Additions | 11,580 | 11,580 | |
| At 31 July 2022 | 807,230 | 107,420 | 914,650 |
| Depreciation | |||
| At 1 August 2021 | 77,670 | 21,795 | 99,465 |
| Charge for the year | 9,745 | 7,606 | 17,351 |
| At 31 July 2022 | 87,415 | 29,401 | 116,816 |
| Net book value | |||
| At 31 July 2022 | 719,815 | 78,019 | 797,834 |
| At 31 July 2021 | 729,560 | 74,045 | 803,605 |
| If freehold land and buildings and invest would have been included at the following |
ment properties had not been re historical cost: |
valued they |
|---|---|---|
| 2022 | 2021 | |
| f. | ||
| Cost | 1,664,127 | 1,664, 127 |
| Depreciation | ||
| Brought forward | 96,959 | 91,612 |
| Charge for the year | 5,347 | 5,347 |
| Carried forward | 102,306 | 96,959 |
| Net book value | 1,561,821 | 1,567,168 |
| INVESTMENT PROPERTIES | 2022 |
| Cost | |
| At 1 August 2021 | 800,000 |
| Revaluation | |
| At 31 July 2022 | 800,000 |
| At 31 July 2021 | 800,000 |
| The valuation | The valuation | was reviewed | by the directors/trustees | by the directors/trustees | and they consider there | has been | |
|---|---|---|---|---|---|---|---|
| no material | increase/decrease | in the valuation | at the | year end. | |||
| 12. | STOCKS | 2022 | 2021 | ||||
| Sundry Bar | Stocks | 1,061 | 555 | ||||
| 13. | DEBTORS | 2022 | 2021 | ||||
| E | |||||||
| Trade Debtors | 471 | ||||||
| Prepayments | and accrued income | 12,817 | 11,835 | ||||
| VAT | 4,309 | 4,696 | |||||
| 17,126 | 17,002 |
| 14. | CREDITORS —Amounts | Falling Due Within One Year | Falling Due Within One Year | 2022 | 2021 |
|---|---|---|---|---|---|
| Trade creditors | 11,831 | 11,777 | |||
| Accruals | 7,908 | 5,883 | |||
| 19,739 | 17,660 | ||||
| 15. | FUND RECONCILIATION | At | At | ||
| 31.7.21 | Income | Expenditure | 31.7.22 | ||
| General fund |
1,806,855 | 93,946 | (109,083) | 1,791,718 |
| Income and endowments | Income and endowments | Income and endowments | from: | 2022 | 2021 | |||
|---|---|---|---|---|---|---|---|---|
| Donations, legacies |
and grants | |||||||
| Donations | 10,248 | 64 | ||||||
| Grants received | 19,937 | |||||||
| 10,248 | 20,001 | |||||||
| Investment Income |
||||||||
| Bank interest | 124 | 3,124 | ||||||
| Rents received | 30,460 | 31,080 | ||||||
| 30,584 | 34,204 | |||||||
| Income from charitable | ||||||||
| activities | ||||||||
| Bar sales | 8,962 | 128 | ||||||
| Catering sales | 4,658 | 228 | ||||||
| Box Office receipts | 27,148 | 2,773 | ||||||
| Players —membership | 748 | 89 | ||||||
| Players —Programme | sales | 1,082 | ||||||
| Theatre —Centre membership | 1,460 | 201 | ||||||
| Theatre —Commission | from | exhibitions | 27 | |||||
| Theatre —Hire receipts | 8,347 | 1,330 | ||||||
| Film Club | 682 | 393 | ||||||
| Street Kats income | 2,000 | |||||||
| 53,114 | 7,142 | |||||||
| Total Income and Endowments | 93,946 | 61,347 | ||||||
| Expenditure | ||||||||
| Raising Funds | ||||||||
| Investment property |
management | fees | 4,965 | 4,657 | ||||
| Carried forward | 4,965 | 4,657 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Brought forward | 4,965 | 4,657 | ||||
| Charitable Activities: |
||||||
| Bar purchases | 5,566 | 173 | ||||
| Catering purchases |
2,048 | 226 | ||||
| Development —Repairs and |
Maintenance | 5,796 | 2,761 | |||
| Players —Scripts | 378 | |||||
| Players —Costumes | 1,072 | |||||
| Players —Props | 715 | |||||
| Players —Sets | 2,318 | 97 | ||||
| Players —Sound 8 Light | 84 | |||||
| Players —Royalties | 5,710 | |||||
| Players —Production | sundries | 718 | 180 | |||
| Players —Programmes | 1,280 | |||||
| Players —St John Ambulance | 1,125 | |||||
| Players —Affiliation fees | 148 | |||||
| Players —LTG Membership | 8 expenses | 105 | 105 | |||
| Players —PRS 8 PPL | 410 | 96 | ||||
| Theatre —Rates | 531 | 65 | ||||
| Theatre —Water | 2,512 | 2,877 | ||||
| Theatre —Insurance | 8,524 | 7,948 | ||||
| Theatre —Light 8 Heat | 7,445 | 7,768 | ||||
| Theatre —Telephone | 1,801 | 2,080 | ||||
| Theatre —Postage | 408 | 15 | ||||
| Theatre —Repairs 8 maintenance | 21,065 | 14,989 | ||||
| Theatre —Printing 8 Stationery |
1,031 | 292 | ||||
| Theatre —Marketing 8 Season Guides |
2,726 | 968 | ||||
| Theatre —Cleaning | 4,804 | 49 | ||||
| Theatre —Credit Card | charges | 633 | 270 | |||
| Theatre —Premises Licence |
180 | 180 | ||||
| Theatre —Sundry expenses | 680 | 154 | ||||
| Theatre —Depreciation | 17,351 | 16,643 | ||||
| Theatre —Loss on disposal | offixed assets | 998 | ||||
| Film Club —expenses | 718 | 306 | ||||
| Made in Sutton expenses |
200 | |||||
| Street Kats expenses | 2,000 | |||||
| 97,882 | 61,440 | |||||
| Governance Costs |
||||||
| Bookkeeping | 2,075 | 1,520 | ||||
| Auditors' remuneration |
4,161 | 3,116 | ||||
| 6,236 | 4,636 | |||||
| Total Expenditure | 109,083 | 70,733 | ||||
| Net (Outgoing) Resources | (15,137) | (9,386) | ||||
| Net movement in funds for |
the year | (15,137) | (9,386) |
| Bar Income &Expenditure | Account | Account | ||
|---|---|---|---|---|
| For the Year Ended 31 July | 2022 | 2022 | 2021 | |
| E | ||||
| Bar sales | 8,962 | 128 | ||
| Less: Bar purchases | (5,566) | (173) | ||
| Surplus/(Deficit) for the year |
3,396 | (45) | ||
| Catering Income &Expenditure |
Account | |||
| For the Year Ended 31 July | 2022 | 2022 | 2021 | |
| E | ||||
| Catering sales | 4,658 | 228 | ||
| Less: Catering purchases |
(2,048) | (226) | ||
| Surplus for the year |
2,610 | |||
| Film Club Income & Expenditure | Account | |||
| For the Year Ended 31 July | 2022 | 2022 | 2021 | |
| Film Club income | 682 | 393 | ||
| Less: Expenses | (718) | (306) | ||
| (Deficit)/Surplus for the year |
(36) | 87 |
| Development | Income & Expenditure | Account | ||||
|---|---|---|---|---|---|---|
| For the Year Ended 31 July 2022 | ||||||
| 2022 | 2021 | |||||
| Rental Income | 30,460 | 31,080 | ||||
| Less: Expenditure | ||||||
| Repairs 8 Maintenance | 5,796 | 2,761 | ||||
| Management fees |
4,965 | 4,657 | ||||
| (10,761) | (7,418) | |||||
| 19,699 | 23,662 | |||||
| Other Income | ||||||
| Donations | 10,248 | 64 | ||||
| Interest received | 124 | 3,124 | ||||
| Grants received | 19,937 | |||||
| Surplus for the |
year | 30,071 | 46,787 |
| For the Year E | nded 31 July 2022 | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Income | |||||
| Box Office receipts | 10,681 | 855 | |||
| Players membership | 748 | 89 | |||
| Programme sales |
1,082 | ||||
| 12,511 | 944 | ||||
| Less: Expenditure | |||||
| Scripts | 378 | ||||
| Costumes | 1,072 | ||||
| Props | 715 | ||||
| Sets | 2,318 | 97 | |||
| Sound 8 Light | 84 | ||||
| Royalties | 5,710 | ||||
| Production sundries |
718 | 180 | |||
| Programmes | 1,280 | ||||
| St John Ambulance | 1,125 | ||||
| Affiliation fees | 148 | ||||
| LTG membership | 105 | 105 | |||
| PRS8 PPL | 410 | 96 | |||
| (14,063) | (478) | ||||
| (Deficit)/Surplus | for the year | (1,552) | 466 |
| Highbury Theatre Other Activities Income &Expenditure Account For the Year Ended 31 July 2022 |
||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Income | ||||
| Box Office receipts | 16,467 | 1,918 | ||
| Centre membership | 1,460 | 201 | ||
| Commission from exhibitions |
27 | |||
| Hire ofTheatre | 8,347 | 1,330 | ||
| Street Kats income | 2,000 | |||
| 26,301 | 5,449 | |||
| Less Expenditure | ||||
| Rates | 531 | 65 | ||
| Water | 2,512 | 2,877 | ||
| Insurance | 8,524 | 7,948 | ||
| Light 8 Heat | 7,445 | 7,768 | ||
| Telephone | 1,801 | 2,080 | ||
| Postage | 408 | 15 | ||
| Repairs 8 Maintenance | 18,816 | 12,883 | ||
| Printing 8 Stationery |
1,031 | 292 | ||
| Marketing &Season Guides |
2,726 | 968 | ||
| Cleaning | 4,804 | 49 | ||
| Audit | 4,161 | 3,116 | ||
| Bookkeeping | 2,075 | 1,520 | ||
| Credit Card charges | 633 | 270 | ||
| Premises Licence |
180 | 180 | ||
| Fire Alarm contract | 615 | 902 | ||
| Lift maintenance | 481 | 320 | ||
| Computer support |
1,153 | 884 | ||
| Sundry expenses | 680 | 154 | ||
| Depreciation | 17,351 | 16,643 | ||
| Made in Sutton expenses |
200 | |||
| Street Kats expenses | 2,000 | |||
| Loss on disposal offixed assets | 998 | |||
| (75,927) | (62,132) | |||
| (Deficit) for the year | (49,626) | (56,683) |