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||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|
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|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|
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|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|
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||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|
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|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||||
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|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|
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||||
|---|---|---|
|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|
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||||
|---|---|---|
|Expenditure on RaisingFunds|2023|2022|
||Unrestricted|Unrestricted|
||Funds|Funds|
||c|Ê|
|Newsletter/Prompt Corner|821|660|
|Club activities|340
_119l_|260
920|
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|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|
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|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|
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|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|
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|||2023
€|2022
I|
|---|---|---|---|
|Less|than oneyear|155|155|
|Two|to five years|45|154|
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