| Page | |
|---|---|
| Legal and administrative information | 1 |
| Chairman's Report | 3 |
| Trustees'Report | 6 |
| StatementofTrustees' Responsibilities | 10 |
| lndependent Examiner's Report | 11 |
| Statement of Financial Activities | 12 |
| Balance Sheet | 13 |
| Notes totheFinancial Statements | 14 |
| CompanyNumber | 008774OO(England andWales) | |
|---|---|---|
| CharityNumber | 247839 | |
| PrincipalAddress | WestminsterLodge | |
| HolywellHill | ||
| StAlbans | ||
| Hertfordshire | ||
| ALl2DL | ||
| lndependent | MooreKingstonSmithLLP | |
| Examiners | 4VictoriaSquare | |
| StAlbans | ||
| Hertfordshire | ||
| ALl3TF | ||
| Bankers | Barclays BankPLC | |
| 16-18StPeter'sStreet | ||
| StAlbans | ||
| Hertfordshire | ||
| AL1 3NA | ||
| Company | lanBarrett | |
| Secretary | ||
| Officers | PaulDavidson | |
| TimHoyle | ||
| Trustees | Paul Davidson | Chairman |
| TimHoyle | Treasurer | |
| lanBarrett | Secretary | |
| Susannah Evershed | Marketing | |
| MaureenBukht | Membership | |
| Angela Stone | Production | |
| TerryPrince | Production | |
| lan Crawford | Technical |
| ElenaMarkham | Training&Development |
|---|---|
| CarolRose(Co-opted) | House |
| Jane Fookes | WithoutPortfolio |
| AnneFrizell | WithoutPortfolio |
| FORTHE YFAR FNDFD3IAI IGII | ST 2023 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total Funds | Unrestricted | Desi¡nated | Restricted | Total Funds | |||||||
| Notes | Funds | Funds | Funds | 2023 | Funds | Funds | Funds | 2022 | ||||||
| Ê | € | € | Ê | € | € | â | â | |||||||
| lncome and endowments from | ||||||||||||||
| Donations and legacies | 2 | 15,213 | 15,213 | 19,222 | 19,222 | |||||||||
| Charitable activities | 4 | 169,939 | 169,939 | 157,528 | 157,528 | |||||||||
| lnvestments | 3 | 13 | 13 | 230 | 230 | |||||||||
| Total | 185,165 | 185,165 | 176,980 | 176,980 | ||||||||||
| Expenditure on: | ||||||||||||||
| Charitable activities | b | 197,267 | 32,195 | 229,462 | 190,512 | 32,173 | 222,685 | |||||||
| Raisingfunds | 5 | 1,161 | 1,161 | 920 | 920 | |||||||||
| Total | 198,428 | 32,195 | 230,623 | 191,432 | 32,173 | 223,605 | ||||||||
| Netgains/(losses) on investments | 9 | 1,674 | 1,674 | (86,5e0) | (86,590) | |||||||||
| Transfers between funds | 14 | |||||||||||||
| Netmovement infunds | (14,452) (86,590) (32,173) | (133,215) |
||||||||||||
| Reconciliation offunds: | ||||||||||||||
| Total funds brought forward | 107,151 | 472,135 | 862,208 | 1.441.494 | 121,603 | 558,725 | 894,381 | 1,574,709 | ||||||
| Totalfundscarriedforward | 14 | 93,888 | 473,809 | 830,013 | 1,397.710 | 107,151 | 472,135 | 862,208 | 1,441,494 |
| Note | 2023 | 2022 | |
|---|---|---|---|
| e | € | ||
| Fixedassets: Tangible assets lnvestments |
II | 824,263 482,395 |
856,458 480 721 |
| 1,306,658 | 1,337,179 | ||
| Current assets: | |||
| Stocks | t0 | 2,798 | 2,018 |
| Debtors | 11 | 20,209 | 13,293 |
| Cash at bank and inhand | 121,565 | 120,546 | |
| 144,572 | 135,857 | ||
| Liabilities: | |||
| Creditors: Amounts falling due within oneyear | 12 | 53,520 | 31,542 |
| Netcurrent assets | 91,052 | 104,315 | |
| Totalnetassets | _1,3WJß | 1,441,494 | |
| Thefunds ofthecharity: | |||
| Unrestricted funds | 14 | 93,888 | 107,151 |
| Designated funds | 14 | 473,809 | 472,135 |
| Restrictedfunds | 14 | ||
| Building development reserve | 1,000 | 1,000 | |
| StAlbansYouthMusic Theatre(SAYMT) | 4,750 | 4,750 | |
| Tangiblefixedasset reserve | 824,263 | 856,458 | |
| Totalfunds | 1,397,710 | 1,441,494 |
| Donationsand | Legacies | |||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Unrestricted Funds c |
Restricted Funds t |
Total Funds t |
Unrestricted Funds ef |
Restricted Funds |
Total Funds € |
|
| Donations | 15,066 | 15,066 | 944 14 |
14,944 | ||
| Legacies | 147 | 147 | 278 | 278 | ||
| Covid-19 grant | 000 4 |
000 | ||||
| 15,213 | 15?13 |
| lncomefromin | vestments | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Unrestricted Funds â |
Designated Funds Ê |
Total Funds Ê |
Unrestricted Funds cÊ |
Designated Funds |
Total Funds Ê |
||
| Deposit interest | 13 | 13 | 230 | 230 |
| lncomefrom charitable activities | 2023 | 2022 |
| Unrestricted | Unrestricted | |
| Funds | Funds | |
| Ê | Ê | |
| Ticket and programme sales | 86,178 | 90,928 |
| lncomefromvisiting companies, hire of premises andof stagepropertiesand wardrobe items |
33,904 | 22,083 |
| Members' subscriptions | 8,219 | 10,460 |
| Bar and refreshment sales | 41,638 | 34 057 |
| 169,939 | 157,528 |
| Expenditure on RaisingFunds | 2023 | 2022 |
| Unrestricted | Unrestricted | |
| Funds | Funds | |
| c | Ê | |
| Newsletter/Prompt Corner | 821 | 660 |
| Club activities | 340 119l |
260 920 |
| 8 | Tibl fixd t | |||
|---|---|---|---|---|
| ange e asses | Long Leasehold |
Equipment | Total | |
| Ê | € | € | ||
| Cost asat1stSeptember 2022 | 1,212,053 | 253,083 | 1,465,136 | |
| Additions Cost as at 31st August 2023 |
1,212,053253,083 | 1,465,136 | ||
| Accumulated depreciation brought forward | 418,798 | 189,880 | 608,678 | |
| Charge for the year | 25,251 | 6,944 | 32,195 | |
| Accumulated depreciation carried forward | 444,049 | 196,824 | 640,873 | |
| Net book value asat1stSeptember2022 | 793,784 | 62,674 | 856,458 |
|
| Net book value as at31stAugust 2023 | 768,004 | 56,259 | 824,263 |
|
| 9 | Fixed assetinvestments | t | € | |
| Market and Net book value asat1st September2022 | 480,721 | 567,311 | ||
| Additions | 37,429 | |||
| Disposals | (7,061) | (74,288) | ||
| Revaluation | 8,735 | (49,731) | ||
| Market and Net book value as at 31st August | 2023 | _482,395 | 480,721 |
| The followingfixedasset investments exceeded 5%of the total portfolio: | |||
|---|---|---|---|
| 2023 | 2022 | ||
| Morgan Stanley lnvnt Mngt(ACD)Ltd | 6Yo | 6o/o | |
| TRowe Price (Lux) Mgt SARL | 60/o | 60/o | |
| Link Fund SolutionsLtd | 7o/o | ||
| Muzinich & ColrelandLimited | 5o/o | 5o/o | |
| Egreton Capital EquityFund | 5o/o | ||
| Blackrock GBL | 60/o | 5o/o | |
| BH MacroLtd | 5o/o | ||
| Findlay Park FundsPLC | 60/o | ||
| WSRuffer lnvestment fund | 7o/o | ||
| Blackrock Fund ManagersLtd | 5% | ||
| FundsmithLLP | 7o/o | ||
| 10 | Stocks | 2023 € |
2022 I |
| Refreshments and bar stock | 2,798 | 2,018 | |
| 11 | Debtors | 2023 | 2022 |
| € | e | ||
| Tradedebtors | 2,790 | 115 | |
| Prepayments and accrued income | 16,721 | 8,390 | |
| VATdebtor | 698 | 4,788 | |
| 20,209 | 13.293 |
| 12 | Creditors | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|
| Ê | € | ||||||
| Accruals | 17,111 | 5,414 | |||||
| Deferred income from advance ticket sales | 9,183 | 1,643 | |||||
| Deferred income from advance membership | subscriptions | 1,908 | |||||
| Ticket sales forthirdparties' shows | 14,134 | 435 | |||||
| Social security and other taxes | 1,256 | 1,174 | |||||
| Other creditors | 11,836 | 20,968 | |||||
| 53,520 | 31,542 | ||||||
| 13 | Deferrerlincnmc | 2n21 | 2n2? | ||||
| Ê | Ê | ||||||
| Deferred lncomeat1stSeptember | 2022 | 3,551 | 4,943 | ||||
| Resources deferredinthe year | 9,183 | 3,551 | |||||
| Amounts releasedfromprevious years | (3,551) | (4,943) | |||||
| Deferred lncome at 31st August | 2023 | 9,183 | 3,551 | ||||
| Deferred income comprises the | following | ||||||
| Advanceticketsales | 9,183 | 1,643 | |||||
| Advance membership subscriptions | 1,908 | ||||||
| 9,183 | 3,551 | ||||||
| 14 | Statementof funds Unrestricted funds Generalfund |
Balanceat 01-Sep-22 t 44,204 |
Movement inResources lncomeExpenditure Êt 185,165(198,428) |
Transfers t |
Balanceat 31-Aug-23 Ê 30,941 |
||
| Operating reserve | 62,947 107,151 |
185,165(198,428) | 62,947 93,888 |
||||
| Designatedfunds | |||||||
| Development reserve | 472,135 | 1,674 | 473,809 | ||||
| Restrictedfunds | |||||||
| Building development fund | 1,000 | 1,000 | |||||
| Tangible fixed asset reserve | 856,458 | (32,1e5) | 824,263 | ||||
| StAlbans Youth Music Theatre (SAYMT) |
4,750 | 4,750 | |||||
| 862,208 | (32,195) | 830,013 | |||||
| Totalfunds | 1,441,494 | 186,839 | G30,62Ð | 1,397,710 |
| Analysis ofnetassetsbetw | eenfunds | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | |||
| 2023 | 2023 | 2023 | 2023 | 2022 | ||
| Ê | e | Ê | Ê | c | ||
| Tangiblefixedassets | 824,263 | 824,263 | 856,458 | |||
| Fixedassetinvestments | 2,836 | 473,809 | 5,750 | 482,395 | 480,721 | |
| Current assets | 144,572 | 144,572 | 135,857 | |||
| Creditors due within oneyear | (53,520) | (53,520) | (31,542) | |||
| Total | 93,888 | 473,809 | 830,013 | 1,3e7J19 | 1,441,494 |
| 2023 € |
2022 I |
||
|---|---|---|---|
| Less | than oneyear | 155 | 155 |
| Two | to five years | 45 | 154 |