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|---|---|---|---|
|Legal and|administrative|information||
|Chairman's|Report|||
|Trustees'|Report|||
|Statement|ofTrustees'|Responsrbilities||
|Auditor's
Report||||
|Statement|of Financial|Activities||
|Balance Sheet|||13|
|Notes to the Financial Statements|||14|
##
|Company|Number|00877400 (England
and|00877400 (England
and|00877400 (England
and|Wales)|Wales)|||
|---|---|---|---|---|---|---|---|---|
|Charity Number||247839|||||||
|Principal|Address|Westminster
Lodge|||||||
|||Holywell
Hill|||||||
|||StAlbans|||||||
|||Herffordshire|||||||
|||AL1 2DL|||||||
|Auditors||Moore Kingston||Smith LLP|||||
|||4 Victoria Square|||||||
|||StAlbans|||||||
|||Herffordshire|||||||
|||AL1 3TF|||||||
|Bankers||Barclays Bank|Pic||||||
|||16-18StPeters||Street|||||
|||StAlbans|||||||
|||Herffordshire|||||||
|||AL1 3NA|||||||
|Company|Secretary|lan Barrett|||||||
|Directors||Paul Davidson|(appointed|||1stJune 2021)|||
|||Peter Hale|||||||
|||Martin Goodman||(retired|31stMay 2021)||||
|Trustees||Martin Goodman||(retired|31stMay 2021)||Chair||
|||Paul Davidson|(appointed|||1stJune 2021)|Chair||
|||Peter Hale|||||Treasurer||
|||lan Barrett|||||Secretary||
|||Mark Coltman|||||Marketing||
|||Katherine
Barry||(retired 31stMay 2021)|||Membership||
|||Liz Kennedy
(appointed
1stJune 2021)|||||Membership||
|||Philip Reardon|(retired 31stMay 2021)||||Production||
|||Karen Thomas|||||Production||
|||Angels Stone (appointed|||3rd August 2021)||Production||
|||Paul Davidson|(retired 31stMay 2021)||||Technical||
|||Clifford Strafford||(appointed||1stJune 2021)|Technical||
|||Sinead Donne|||||Training|& Development|
|||lan Williams|||||House||
|||Gill Strafford (retired 31st|||May 2021)||Front of House||
|||Maureen
Bukht||(appointed||1stJune 2021)|Front of House||
|||Apryl Kelly (retired 31 May||||2021)|Without Porffolio||
|||Philip Reardon|(appointed|||1stJune 2021)|Without Porffolio||
|||Liz Kennedy
(retired 31 May 2021)|||||Without Porffolio||
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||||Unrestricted|Designated|Designated|Restricted|Total Funds|Unrestricted|Resulcted|TotalFunds|
|---|---|---|---|---|---|---|---|---|---|---|
|||Nrdes|Funds|Funds||Funds|2021|Funds|Furrrln|2020|
||||5|E||8|5||8|5|
|Income snd endowments|from:||||||||||
|Donations and lsgaoes|||42,469||||42,489|39,632||39,632|
|Charitable
activities|||56,253||||56,253|146,754||146,754|
|Investments|||1,698||351||2,047|3,146||3,146|
|Total|||100,438||351||100789|189,532||189,532|
|Expenditure
on:|||||||||||
|Charitable
activities|||111,415|||25,479|136,894|181,826|25479|207,305|
|Raising funds|||1,076||||1,078|1,635||1,635|
|Total|||112,491|||25,479|137,970|183,461|25,479|208,940|
|Net gains((losses) cn invesimenls||||95,691|||95,691|(31,222)||(31,222)|
|Transfers between funds||14|(462,683)|462,683|||||||
|Net rnovemsnt
in funds|||474 736|55II,725||25,47|58,510|25 151|25479|50630|
|Reconciliation
offunds:|||||||||||
|Total funds brought forward|||597683|||918516|I 516198|622 834|943995|1 566829|
|Total funds carried forward||14|122947|556|725|893,037|1,574,709|597,883|918,516|1,516,199|
##
||||Note|2021|2020|
|---|---|---|---|---|---|
|||||6||
|Fixed assets:||||||
|Tangible assets||||887,287|912,766|
|Investments|||||471,620|
|||||1,454,598|1,384,386|
|Current assets:||||||
|Stocks|||10|2,017|2,204|
|Debtors|||11|18,354|9,858|
|Cash at bank and in hand||||123,522|149,742|
|||||143,893|161,804|
|Liabilities:||||||
|Creditors: Amounts|falling|due within one year|12|23,782|29,991|
|Net current assets||||120,111|131,813|
|Total net assets||||1,574,709|1 516199|
|The funds ofthe charity:||||||
|Unrestricted
funds|||14|122,947|597,683|
|Designated
funds|||14|558,725||
|Restricted
funds|||14|||
|Building development||reserve||1,000|1,000|
|StAlbans Youth|Music|Theatre (SAYMT)||4,750|4,750|
|Tangible fixed asset reserve||||887,287|912,766|
|Total funds||||1,574,709|1,516,199|
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|Donation|s
and|Legacies||||||
|---|---|---|---|---|---|---|---|
||||2021|||2020||
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||Funds
2|Funds
6|Fundsf|Funds
6|Funds
2|Funds
2|
|Donations||12,445||12,445|14,632||14,632|
|Legacies||2,254||2,254||||
|Covid-19|grant|27.790||27790|25,000||25,000|
|||42489||42489|39632||39632|
##
||||2021|||2020||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Designated|Total|Unrestricted|Designated|Total|
|||Funds|Funds|Funds|Funda|Funds|Funds|
||||6||6|6|2|
|Deposit|interest|1696|351|2047|3146||3,146|
##
||||||
|---|---|---|---|---|
|Income from charitable
activit|ies||2021|2020|
||||Unrestricted|Unrestricted|
||||Funds|Funds|
||||6|6|
|Ticket and programme
sales|||35,752|84,439|
|Income from visiting companies,
stage properties
and wardrobe|hire ofpremises
items|and of|4,943|20,775|
|Members'
subscriptions|||9,786|10,326|
|Bar and refreshment
sales|||5,772|28,314|
|Programme
advertising
and sponsorship||||295|
||||56,253|146,754|
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|6|Expenditure
on Charitable|Expenditure
on Charitable|Expenditure
on Charitable|Activities|Activities||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Unrestricted|
||||||||Fundsf|Funds
E|
||Coals directly siiributsbie||to charitable||activities||||
||Productions||||||7,131|8,622|
||Other production
costs||||||||
||Marketing
and programmes||||||4,536|12,912|
||Bar and refreshments||||||4,104|13,539|
||Support and governance||costs||||||
||Theatre buildings
maintenance||||||9,393|12,264|
||Theatre services and||utilities||||20,461|27,769|
||Stage, sound and lighting equipment||||||1,564|2,271|
||Insurance||||||10,176|10,725|
||Boxoffice, internet sales and|||computers|||15,536|16,565|
||Salary and national|insurance|||||29,156|28,791|
||Other running
costs|and administrative||||expenses|4,753|9,233|
||Theatre development||costs|||||34,418|
||Auditors fees||||||4,605|4,717|
||||||||111.415|181,826|
||||||||Restricted|Restricted|
||||||||Fundsf|Fundsf|
||Support and governance||costs||||||
||Depreciation||||||25,479|25,479|
||||||||25,479|25,479|
|7|Staff costs||||||2021f|2020f|
||Staff expenses
includes the following employee costs:||||||||
||Wages and salaries||||||28,310|27,949|
||Pension costs||||||846|842|
||||||||29,156|28 791|
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|Tangiblefixedassets||||||
|---|---|---|---|---|---|
||||Long
Leasehold|Equipment|Total|
|||||6||
|Cost as at 1stSeptember|2020||1,212,053|251,739|1,463,792|
|Additions||||||
|Cost as at31stAugust 2021|||1,212,053|51,|3,|
|Accumulated
depreciation
Charge for the year|brought
kb|forward
374,945
0»||176,081
551,026
8»5,
56,505||
||5080|00|83.1||5, 66|
|Net book value as at 31stAugust 2021|||818,508|68,781|887 287|
||The followmg
fixed|asset investments|asset investments|exceeded 5%ofthe total porffolio:|||
|---|---|---|---|---|---|---|
||||||2021|2020|
||Blackrock Throgmorton
Trust PLC||||5%||
||Findlay Park Funds|PLC|||5%||
||Morgan Stanley inv|Management|||50/0||
||Blackrock Fund Managers
Ltd||||5%||
||Blackrock Asset Management||UK Ltd||5%||
||Fundsmith
LLP||||7%||
||Morgan Stanley
Invnt Mngt (ACD) Ltd||||5%||
||T Rows Price (Lux)|Mgt SARL|||5%||
||Link Fund Solutions|Ltd|||6%||
||Blackrock Charities|UK Equity|Fund|||48%|
||M&G Equities Investment
Fund for Chariites|||||10%|
||M&G Episode Income Fund|||||24%|
||Cash from investments
sold, on deposit|||||18%|
|10|Stocks||||2021|2029|
|||||||8|
||Refreshments
and|bar stock||||2,204|
|11|Debtors||||2021|2026|
||||||6|2|
||Trade debtors||||573|152|
||Prepayments
snd accrued income||||13,211|7,617|
||VAT debtor||||4,570|2,089|
||||||18,354|9,858|
##
|12|Creditors|||||2021f|2020f||
|---|---|---|---|---|---|---|---|---|
||Accruals|||||6,558|5,784||
||Deferred income from advance||ticket sales|||2,559|1,037||
||Deferred income from advance||membership||subscriptions|2,375|2,320||
||Ticket sales for third parties'|shows||||1,628|10,368||
||Social security and other taxes|||||1,083|1,055||
||Other creditors|||||9,579
~23782|9,427
29,991||
|13|Deferred income|||||2021|2020||
||Deferred Income at 1stSeptember|||2020||3,357|7,555||
||Resources deferred
in the year|||||4,943|3,357||
||Amounts
released
from previous||years||||||
||Deferred
Income at 31stAugust||2021|||4,943|3,357||
||Deferred income comprises|the|following:||||||
||Advance ticket sales|||||2,559|1,037||
||Advance
membership
subscriptions|||||2,375|2,320||
||Advance
hires||||||||
|||||||4,934|3,357||
|14|Statement offunds||Balance at||Movement|in Resources|Transfers|Balance at|
||Unrestricted
funds||01-Sep-20
f||Income
f|Expenditure
f|f|31-Aug-21
f|
||General
fund
Operating
reserve
Development
reserve|||60,000
75,000
462,683|100,438|(112,491)|12,053
(12,053)
~99|60,000
62,947|
|||||597,683|100,438|(112,491)|(462,683)|122,947|
||Designated
funds||||||||
||Development
reserve||||96,042||462,683|558,725|
||Restricted funds||||||||
||Building development
fund|||1,000||||1,000|
||Tangible fixed asset reserve|||912,766||(25,479)||887,287|
||StAlbans Youth Music
Theatre (SAYMT)|||4,750||||4,750|
||Total funds||918,516
,9 9,199||1, 99|(25,479)
~99 9||893,037
1,574,709|
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