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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|&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|||||
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|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%|
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||||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|
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|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|
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|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|
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|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|
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|---|---|
|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|
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|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|
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|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)|