2021-03-31-accounts - Harrogate (White Rose) Theatre Trust Ltd

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Company Information.	Company Information.
The Trustees'	Annual Report. ,		2-6
Independent	Auditor's Report. .		7-10
Consolidated	Statement of Financial	Activities. ...
Consolidated	and Charity Balance Sheet. ...		12
Consolidated	and Charity Statement	ofCash Flows. ....	13
Notes to the	Financial Statements.		14 - 28

	Note	Note	Unrestricted	Unrestricted	Funds	Restricted	2021	2020
			General	Designated		Funds f	Total f	Totalf
Incomln resources
Income from Charitable	activities
Qtt tt lth
- Produced work								643,071
- Incoming tours			5,244				5,244	1,918,761
- Programme sales								2,524
- Education			14,844				14,844	42,422
			20,088				20,088	2,606,778
Donations and legacies
Subsidies and grants		4	1,149,400			19,304	1,188,704	261,309
Legacy income
Donations and sponsorship			143,889			5,000	148,889	80,637
			1,293,289			24,304	1,317,593	341,946
Other trading activities
Fundraising events								3,436
Commercial trading operations		11	150				150	956,562
Other income		5	31,439				31,439	282,244
			31,589				31,589	1,242,242
Income from investments			450				450	1,057
Total incoming resources			1,345,416			24,304	1,359,720	4,192,023
Resources expended
Expenditure on Charitable activities		6	921,309			4,155	925~	3,241,557
Expenditure on raising funds
- Commercial trading operations		11	39,252				39,252	933,992
- Fundraising and publicity		7						11,000
			39,252				39,252	944,992
Total resources expended		9	960,561			4,155	964,718	4,186,549
Net incoming resources			384,855			20,149	405,004	5,474
Reconciliation offunds
Total funds brought forward			36,319		85,613	58,800	180,732	175,258
Transfers between funds
Total funds carried forward		17	421,174		85,613	78,949	585,736	180,732

					Group	Group	Charity	Charity
				Note	2021	2020	2021	2020
					6	F	6	F
FIXEDASSETS
Tangible assets				12	105 10D	202 385	00110	41 590
CURRENT ASSETS
Stocks				13	8,945	13,088	8,945	8,945
Debtors				14	227,229	290,039	358,291	427,865
Cash at bank and		in hand			1 237 427	609 110	1197234	638115
					1,473,601	1,002,246	1,564,470	1,074,925
CREDITORS: due within one	Amounts year		falling	15	~7040 021	~1023,099	~007 799	~947 762
NET CURRENT	ASSETSI
(LIABILITIES)					432,680	(21,653)	572,671	127,163
TOTAL ASSETS		LESS
CURRENT LIABILITIES					627,830	180,732	627,786	168,761
CREDI'TORS: Amounts due after more than one			falling year	16	~42 094		42094
NET ASSETS					505 736	180732	005 602	168761
UNRESTRICTED		FUNDS
General					421,174	36,319	421,130	24,348
Designated					05613	05 613	80013	05 613
				17	506,787	121,932	506,743	109,961
RESTRICTED FUNDS				17	70040	58,800	78 949	50 000
TOTAL FUNDS					085730	10Q 732	505 692	168 761

				Group	Group	Charity	Charity
			Note	2021	2020	2021	2020
				8	F	8	F
Cash flow from operating	activities		23	585 751	98 135	588 582	121 357
Net cash flow from operating		activities		563751	90 135	588 062	121 357
Cash flow from Investing	activities
Payments tc acquire tangible		fixed assets		(27,893)	(50,791)	(29,893)	(14,415)
Interest received				450	1,057	465	1 057
Net cash flow from investing		activities		~27~+	~49 734	~29443	~73,350
Net Increase I(decrease)	In	cash and
cash equivalents				538,308	48,401	559,119	107,999
Cash and cash equivalents	at the start
ofthe year				699110	650 718	638 115	530 116
Cash and cash equivalents	at the end of
the year				1,237 427	609 119	1,197234	638,115

TANGIBLE	TANGIBLE	FIX	EDASSETS	EDASSETS	EDASSETS
Depreciation		is	calculated soas to write offthe cost ofan asset,			net of	anticipated		disposal proceeds, over the
useful economic			life	ofthat	asset, as follows:
Leasehold		property			Over the period ofthe lease
Improvements
Theatrical		sets			It is estimated that pantomime	sets	have	at least two pantomime
					season's usage. 50'A ofthe cost ofthe pantomime				set is expensed in
					the first season ofuse. The remaining		value ofthe		sets is depreciated
					to nil residual value in the year	in which		the second season of the
					pantomime takes place
Fixtures,	Fittings			&	Usage method applied on an asset-by-asset			basis,	with the exception
Equipment					of COVID-19 safety equipment	which	is fully depreciated in the year
					ofacquisition.
Motor Vehicles					25'A straight line basis

3. NET RESOU	RCES EXPENDED
				2021	2020
This is stated after	charging:			5	6
Auditor's Remuneration				6,972	6,972
Operating Leases	- Hire of Equipment				2,574
	- Premises			54,337	84,248
Depreciation				22,858	40,151
				2021	2020
		Unrestricted
		Funds		Total	Total
			Restricted
		General Designated	Funds	Funds	Funds
4. SUBSIDIESAND GRANTS
Arts Council England	NPO	143,502		143,502	140,909
Harrogate Borough Council		120,400		120,400	120,400
Arts Council England	Emergency
Response I Cultural	Recovery
Funds		627,179	19,304	646,483
Harrogate Borough	Council
Coronavirus Support	Grants	40,645		40,645
HMRC Coronavlrus	Job Retention
Scheme Grants		217674		217674
	1	149400	19304	1 168704	261 309
5. OTHER INCOME
Theatre lettings					57,767
Trust membership subscriptions		280		280	278
Other income		31,159		31,159	224,199
		31,439		31439	282 244

EXPENDIT	URE ON CHA	RITABLE ACTIV	ITIES
					2021	2020
		Unrestricted
		Funds	Restricted		Total	Total
		General	Designated	Funds	Funds	Funds
		6	6		6	5
Staff costs		394,702			394,702	489,797
Theatre services provision		157,850		4,155	162,005	2,360,447
Premises costs		120,612			120,612	127,375
Restoration	costs					310
Support costs (note 8)		248,145			248,145	263,628
		921 309		4155	925464	3241 557

Stafl costs
Markehng and fundraising				11,000
				11,000
. SUPPORT	COSTS
Governance	staff costs	160,045	160,045	157,707
Governance	administration	53,327	53,327	60,682
ITcosts		34,773	34,773	45,239
		248 145	248 145	263 628

				Staff			Other	Other	Total	Total
				Costs	Depreciation		Costs		2021	2020
						8		6
Fundraisin and	ublici									11,000
Activities
Theatre operation				523,926	14,376		344,587		882,889	3,154,905
Education				30,821			11,754		42,575	86,552
Expenditure on charitable			activities	554,747	14,376		356,341		925,464	3,241,557
Commercial trading		operations			8	2	3	770	39252	933992
									2021	2020
										8
Staff costs
Wages and salaries									506,381	725,874
Social security costs									34,045	57,104
Pension costs									14321	20971
									504 747	003 949
Other costs
Premises									120,612	127,375
Communications									12,195	16,886
Stage expenses										104,003
Agency and sub-contract personnel Miscellaneous (see ' below)									118,896	170,831 163,547
Licences and subscriptions									9,244	78,880
Boxoffice ticketing	costs								29,393	51,135
Marketing and		fundraising
charitable activities									12,249	114,824
Marketing and fundraising			—raising
funds										11,000
Education									11,754	34,006
Finance costs									2,795	24,878
Incoming tours									5,029	1,684,971
Redundancy costs									32,174
Loss on disposal of		tangible assets							2,000
Restoration costs										310
Commercial trading		operations							30 770	759702
									387 111	3342 448

The average	2021	2020
	No.	No.
Administration	8	11
Front of house	28	29
Technical	3
Set construction	1	3
	38	47

11.	COMMERCIAL TRADING OPERATIONS	COMMERCIAL TRADING OPERATIONS	COMMERCIAL TRADING OPERATIONS	COMMERCIAL TRADING OPERATIONS
The wholly controlled trading subsidiary,		Harrogate		Theatre	(Trading)		Limited			which is incorporated					in the United
Kingdom, pays all of its taxable profts under			covenant to the Charity				by	way		of	gift aid. The principal				activities of
the subsidiary comprise the commercial		operations		carried	on at	Harrogate				Theatre. In addition,				theatrical sets
were built for Harrogate Theatre and external			third parties. The Company					Is	Ilmtted			by guarantee	and		has no share
capital.
In light	ofthe COVID-19 pandemic the workshop			activity which		built	theatrical				sets for Harrogate			(White Rose)
Theatre Trust Umited and third parties was			dosed on ge July 2020.
Harrogate Theatre (Trading) Limited
Summary Profit and Loss Account
												2021			2020
												E
	Turnover Cost ofsales								150 ~32008				982,503 ~647,346
	Gross profit											(31,948)			335,157
	Administrative expenses										(121,906)			(307,353)
	Other Income (see note below)											202 65D
	Operating profit											48,796			27,804
	Interest payable and similar charges
	Profit on ordinary activities	before taxation										48,796			27,804
	Tax charge											1 723
	Profit for the financial year											47 073			27 004
	Turnover disclosed as
	Turnover as above											150			982,503
	Other income as above Eliminated on consolidation								202,650 ~202 650				~25 941
	Income from commercial trading operations											150			956,562
	Resources expended disclosed		as
	Other costs											54,355			780,409
	Wages and salaries											92,890			156,445
	Depreciation Other costs eliminated on consolidation								8,482 ~116475				17,645 ~20,707
	Cost ofcommercial trading	operations										30202			933 992
	The assets and liabilities of	the	subsidiary		were
	Fixed assets											140,035			160,787
	Current assets											51,211			126,275
	Current liabilities										(191,202)				(275,091)
	Long-term liabilities
	Total net assets											44			11 971
	Total equity											44			11,971

	Leasehold		Fixtures,	Fixtures,
	property	Theatrical	fittings	&	Motor
Group	improvements	sets	equipment		vehicles		Total
		8		6		6		6
Cost
Balance at 1 April 2020	27,074	173,426	237,894		13,995		452,	389
Additions Disposals			27,893 ~26 399		~13995		27,893 ~40 394
Balance at 31 March 2021	27,074	173426	239	388			439	800
Depreciation
Balance at 1 April 2020	15,059	43,612	177,338		13,995		250,	004
Charge On dispcsals	9,365		13,493 ~14129		~13905		22,858 ~20124
Balance at 31 March 2021		43612	176 702				244	730
Net Book Value
As at 31 March 2021	2,850	120 814	62	680			195	150
As at 31 March 2020	12 015	129,814	60	556			202	385
			Leasehold		Fixtures
			property		fittings &
Charity		Improvementsf			equipment Z		Total
Cost
Balance at 1 April 2020			4,973		189,022		193,995
Additions					29,893		29,893
Disposals				~2000		~2,000
Balance at 31 March 2021			4 073		216 015		221 088
Depreciation
Balance at 1 April 2020			1,440		150,957		152,397
Charge			883		13,493		14,376
On disposals
Balance at 31 March 2021			2323		164450		166773
Net Book Value
As at 31 March 2021			2650		52465		55115
As at 31 March 2020			3 533		38065		41 590

									Group		Charity
								2021		2020	2021	2020
								6		F	6
Production materials				and consumables				8,945		8,945	8,945	6,945
Goods	for resale									4 143
								0945		13,088	8 045	8 945
14.		DEBTORS		-	DUE	WITHIN	ONE
		YEAR
									Group		Charity
								2021		2020	2021	2020
								5			5	6
Trade debtors								5,755		55,477	1,924	3,242
Prepaid		expenses	and		accrued income			67,782		133,199	60,595	124,306
Tax credit receivable								34,391		68,297	34,391	66,297
Other debtors								119,301		33,066	119,301	33,066
Amounts		due from	subsidiary								142 080	190954
								227 229		290 039	350 291	427 06~
15.	CREDITORS				DUE	WITHIN	ONE
	YEAR
									Group		Charity
								2021		2020	2021	2020
								5		F	6	f
Receipts		In advance						860,687		664,244	860,687	664,244
Trade creditors								31,157		99,936	27,184	73,305
VAT and		social security						50,312		62,642	13,586	23,037
Other creditors								52v427		43,232	52,427	43,232
Accruals		and deferred			income			44,615		153,845	37,915	143,944
Corporation tax								1,723
Amounts		owed to	subsidiary
								1 040 921	1	023,800	001799	947 762

HAN ONE YEA	R
						Group		Charity
					2021		2020	2021	2020
					8			6
Other Creditors					42,094			42,094
					42 004			42 094
7. FUNDS
					Balance				Balance
					1Ape	Incoming	Outgoing		31 March
					2020	Resources	Resources	Transfers	2021
					8		6	8	8
UNRESTRICTED FUNDS
Projects	Development			Fund	30,603				30,603
Corporate		Development		Fund	30,885				30,885
Harrogate		Theatre Supporters			24,125				24,125
General	Fund				36319	1 345416	960561		421 174
					121,932	1,345,416	(960,561)		506,787
RESTRICTED FUNDS
Harrogate		Homeless	Project		13,054				13,054
UCI Project					35,746		(4,155)		31,591
Comedy		Feshval Sponsorship			10,000	5,000			15,000
Arts Council England			Cultural
Recovery		Fund				19304			19304
					58,800	24,304	(4,155)		78,949
TOTAL	FUNDS				180732	1 369,720	964716		585,736

				Tangible	Net	Long-
				Fixed	Current	TeAll
Group				Assets	Assets	Liabilities	Total
				8	8	5
Unrestricted funds
Projects Development	Fund				30,603		30,603
Corporate Development		Fund			30,885		30,885
Harrogate Theatre Supporters					24,125		24,125
General Fund				195150	268 118	42 094	421 174
				195150	353731	42 094	506 787
Restricted funds
Harrogate Homeless	Project				13,054		13,054
UCI Project Comedy Festival Sponsorship					31,591 15,000		31,591 15,000
Arts Council England Fund		Cultural	Recovery		19304		19304
					78949		78,949
Total				195150	432 880	42 094	585,738
				Tangible	Net	Long-
				Fixed	Current	Term
Charity				Assets	Assets	Liabilities	Total
				5	5		5
Unrestricted funds
Projects Development	Fund				30,603		30,603
Corporate Development		Fund			30,885		30,885
Harrogate Theatre Supporters General Fund				55 115	24,125 408 109	42 094	24,125 421 130
				55 115	493722	42 094	506 743
Restricted funds
Harrogate Homeless	Project				13,054		13,054
UCI Project					31,591		31,591
Comedy Festival Sponsorship					15,000		15,000
Arts Council England Fund		Cultural	Recove~		19304		19,304
					78949		78 949
Total				55115	572 671	42 094	585 892

roup
		2021	2020f
Net income / (expenditure) for year		405,004	5,474
Interest receivable		(450)	(1,057)
Depreciation and impairment of tangible (Profit) / loss on disposal offixed assets (Increase) / decrease in debtors (Increase) / decrease in stock Increase / (decrease) in creditors	fixed assets	22,858 12,270 62,810 4,143 59,116	40,151 132,605 3,846 ~82,884
Net cash Row from operating activities		565,751	98,135
harity		2021f	2020f
Net income / (expenditure) for year		416,931	14,651
Interest receivable		(4M)	(1,057)
Depreciation and impairment oftangible (Profit) / loss on disposal offixed assets (Increase) / decrease in debtors Increase / (decrease) in creditors	fixed assets	14,376 2,000 69,574 86,131	22,306 186,734 ~101,277
Net cash flow from operating activities		588 582	121,357