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##
|CONTENTS||||||Page|
|---|---|---|---|---|---|---|
|Statement
ofamended|accounts||||||
|Report ofthe Trustees||||||2 —23|
|Auditor's
report||||||24 - 26|
|Consolidated
statement|of financial|activities|Bncluding|income and expenditure|account)|27|
|Balance sheets||||||28|
|Consolidated
cash flow|statement|||||29|
|Notes to the financial statements||||||30- 49|
##
|REFERENCE|REFERENCE|REFERENCE|AND ADMINISTRATIVE
DETAILS|AND ADMINISTRATIVE
DETAILS|AND ADMINISTRATIVE
DETAILS|AND ADMINISTRATIVE
DETAILS|AND ADMINISTRATIVE
DETAILS|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Charity
Number:||||||249169||||||||
|Company|Number:|||||00499076||||||||
|Principal/Registered||||Office||Salisbury
Playhouse,||Malthouse|Lane, Salisbury,||Wiltshire, SP2 7RA|||
|Auditor:||||||Azets|Audit Services,|Statutory|Auditor, Secure||House,|Lulworth||
|||||||Close,|Chandlers
Ford, SO53 3TL|||||||
|Bankers:||||||National
Westminster||Bank pic,|48|Blue Boar Row, Salisbury,||||
|||||||Wiltshire,
SP1 1BG||||||||
|Directors and|||Trustees|||||||||||
|The directors||ofthe charitable||||company
(the charity) are its trustees||||for the purpose of||charity|law and|
|this report|are||collectively||referred to as the trustees.|||||||||
|The trustees|||serving were as|||follows:||||||||
|Directors:|||||||Mr TCrarer (Chair)|||||||
||||||||Ms K Barker (Resigned 3||February 2021)|||||
||||||||Mrs H Birchenough|||||||
||||||||Mr D Bossom|||||||
||||||||Mr T Clay|||||||
||||||||Ms K Dalton|||||||
||||||||Mr N Frankfort|||||||
||||||||Mr R G Harvey|||||||
||||||||Mr D J Neale|||||||
||||||||Mr J Perry|||||||
||||||||Ms P Scott-Garrett|||||||
|Wiltshire|Council Observer:||||||Cllr R Clewer|||||||
|Salisbury||City Council|||Observer:||Vacant|||||||
|Arts Council|||England||Observer:||Mr T Newman|||||||
|Secretary:|||||||Mr RSWarrack|||||||
|Joint Chief|||Executives:||||Mr G Machin|||||||
||||||||Mr RSWarrack|||||||
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|||||||As|
|---|---|---|---|---|---|---|
|||||||adjusted|
|||Unrestricted|Designated|Restricted|Total|Total|
||Note|Funds|Funds|Funds|2021|2020|
||||||f|f|
|INCOMING RESOURCES|||||||
|Donations and Legacies|||||||
|Grant Income||2,577,981||50,000|2,627,981|1,476,999|
|Donations
and GiRs||106050|1 133||107183|160133|
|||2,684,031|1,133|50,000|2,735,164|1,637,132|
|Income from Charitable
Activities|||||||
|Operation
ofTheatre,
Arts Centre and Festival|6|131,715|||131,715|2,677,146|
|Income from Other Trading Activities|||||||
|Commercial
Trading
Operations||24,366|||24,366|364,256|
|Busmess Sponsorship|||||||
|Investmerit
Income|||||||
|Total Incoming Resources||2 840 112|1 133|50000|2891 245|4678 534|
|RESOURCES EXPENDED|||||||
|Expenditure
on Raising Funds|||||||
|Fundraising
Costs of Grants and Donations|9|12,378|||12,378|12,336|
|Commercial
Trading
Operations||101,941|||101,941|246,858|
|||114,319|||114,319|259,194|
|Expenditure
on Charitable Activities|||||||
|Operation
ofTheatre, Arts Centre and Festival||2,255,294|3618|261 116|2 520 028|5 042 043|
|Total Resources Expended||2,369,613|3,618|261 116|2,634,347|5 301237|
|Net Incoming
/ (Outgoing)
Resources||470,499|(2,485)|(211,116)|256,898|(622,703)|
|Transfers
between
funds||(31,000)|31,000||||
|NET MOVEMENT OF FUNDS IN YEAR||439,499|28,515|(211,116)|256,898|(622,703)|
|Reconciliation
ofFunds|||||||
|Total Funds Brought
Forward|34|(141,367|764 255|4200 907|4 823,798|5446 501|
|Total Funds Carried Forward||298,132|792 770|3989791|5,080696|4 823798|
||||||As adjusted||As adjusted|
|---|---|---|---|---|---|---|---|
|||||Group|Group|Charity|Charity|
||||Notes|2021|2020|2021|2020|
||||||8|8|8|
|FIXEDASSETS||||||||
|Tangible assets|||18|4,952,870|5,211,637|4,946,232|5,201,348|
|Investments||||||101|101|
|||||4,952,870|5,211,637|4,946,333|5,201,449|
|CURRENT ASSETS||||||||
|Stock|||20|17,343|29,194|13,382|15,540|
|Debtors|||21|225,110|344,855|387,806|264,312|
|Cash at bank and|in hand|||537,539|44,607|374,677|17,601|
|||||779,992|418,656|775,865|297,453|
|LIABILITIES||||||||
|Creditors
falling due within||one year|22|(488,833)|(806,498)|(478,107)|(793,237)|
|NET CURRENT ASSETS/(LIABILITIES)||||291,159|(387,842)|297,758|(495,784)|
|TOTAL ASSETS|LESSCURRENT LIABILITIES|||5,244,029|4,823,795|5,244,091|4,705,665|
|LIABILITIES||||||||
|Creditors
falling due after more than one year|||23|(163,333)||(163,333)||
|NET ASSETS||||5,080,696|4,823,795|5,080,758|4,705,665|
|THE FUNDS OF|THE CHARITY|||||||
|Restricted
income|funds||25|3,989,792|4,200,908|3,989,792|4,200,908|
|Unrestricted
income funds:||||||||
|General|||25|298,134|(141,368)|298,196|(259,498)|
|Designated|||25|792,770|764,255|792,770|764,225|
|Total unrestricted|funds|||1,090,904|622,887|1,090,966|504,757|
|TOTAL CHARITY|FUNDS|||5,080,696|4,823,795|5,080,758|4,705,665|
|The notes on pages 30 - 49 form part ofthese|||accounts.|||||
|Approved
by tne|board on|Z8
yJnK||||||
||||||||||||||||As adjusted|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Notes|2021||||2020|
||||||||||||6|||||
|N t
hP
)4|447)|||4) )|p|4'|2|t)|ttt|7)|272244||||125,825|
|Cashflowe from investing||||activities||||||||||||
|Purchase ofTangible||Fixed||Assets|||||||(79,112)||||(248,033)|
|Interest received||||||||||||||||
||||||||||||(79,112)||||(248,033)|
|Financing||||||||||||||||
|Interest paid||||||||||||||||
|Net cash provided|by (used) in the year|||||||||(b)|492,932|||~122,208||
|Cash at beginning|of|period|||||||||44,607||||166,815|
|Cash at bank at end||of|year||||||||537,539||||44 447|
|a) Reconciliation|of|Net incoming/(outgoing)||||||resources||to net cash inflow from operating|||activities|||
||||||||||||||||As adjusted|
||||||||||||2021||||2020|
|Net income
/ (expenditure)||||for reporting|||period;|||||||||
|Unrestricted
funds|||||||||||439,499||||(371,563)|
|Restricted funds|||||||||||(211,116)||||(262,787)|
|Designated
funds|||||||||||28,515||||11,644|
|Net Incoming Resources|||||||||||256,898||||(622,706)|
|Adjustments
for:||||||||||||||||
|Depreciation
charges|||||||||||337,879||||334,367|
|Finance income||||||||||||||||
|Finance costs||||||||||||||||
|Decrease
/ (Increase)||in|stock||||||||11,851||||(4,514)|
|Decrease
/ (Increase)||in|debtors||||||||119,745||||524,149|
|(Decrease)
/ Increase||in|creditors||||||||(154,329)||||(105,471)|
|Loss on disposal offixed|||assets|||||||||||||
|Net cash provided|by|(used||in) operating||activities|||||572,044||||125,825|
|b) Analysis
ofincrease|||in|net funds||||||||||||
||||||||||||01 April 2020||Cash|31|March 2021|
|||||||||||||Flows||||
|Cash at Bank and|in Hand||||||||||44,607|492,932|||537,539|
|Net Funds|||||||||||44 607|492 932|||537539|
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|||As adjusted|
|---|---|---|
||2021|2020|
||E|F|
|Incoming Resources from:|||
|Grants,
Donations
and legacies|2,680,693|1,637,132|
|Charitable
activities|131,715|2,677,146|
|Donation
from subsidiary|95,088|93,700|
|Investment
gain|||
|Gross incoming
resources|2,907,496|4,407,978|
|Resources expended
on:|||
|Raising funds|(12,378)|(12,336)|
|Charitable
activities|(2,520,028)|(5,042,042)|
|Total Resources expended|(2,532,406)|(5,054,378)|
|Net Income i (Expenditure)|375,090|(646,400)|
|Total funds brought
forward|4,705,668|5,352,068|
|Total funds carried forward|5,080,758|4,705,668|
|Represented
by:|||
|Restricted
income funds|3,989,792|4,200,908|
|Unrestncted
income funds|298,196|(259,495)|
|Designated
income funds|792,770|764,225|
||5,080,758|4,705,668|
##
|DONATIONS
AND LEG|ACIES||||
|---|---|---|---|---|
||||2021|2020|
||||6|E|
|GRANT INCOME|||||
|Unrestricted
Funds|||||
|Arts Council
England —South West|||1,332,597|1,246,809|
|Wiltshire
Council|||189,389|189,390|
|HMRC JRS Grant|||542,427||
|ACE- Cultural
Recovery|Fund||446,968||
|Wiltshire
Council —Covid-19|||25,000||
|Salisbury
City Council|||41,600|40,800|
||||2,577,981|1,476,999|
|Restricted
Funds|||||
|SAC Remedial
Works|||50,000||
|DONATIONS
AND GIFTS|||||
|Unrestricted
Funds|||||
|Donations,
business
partners,
members|||106,050|148,489|
|Designated
Funds:|||||
|Development
—Special Projects|||1,133|11,644|
||||2,735,164|1,637,132|
|INCONIE FROM CHARITABLE ACTIVITIES|||||
|The income was primarily|from the operation|ofthe theatre.|||
||||Unrestricted|Unrestricted|
||||funds|funds|
||||2021|2020|
|Income from Theatre, Arts Centre and Festival|||||
|In House/Co-productions|- Ticket Income and|programmes|56,510|1,500,348|
|Visiting Companies
—Ticket income|||20,101|911,951|
|Education
and Outreach|work||45,294|154,725|
|Events & Hiring|||(1,147)|66,786|
|Miscellaneous
Income|||10.957|43.336|
|Access Project|||||
|Total|||131,715|2,677,146|
##
##
|The wholly
owned|trading|subsidiary|subsidiary|Playhouse|Playhouse|Playhouse|Services|Services|Limited,|(company|(company|number 02694718)which
is|number 02694718)which
is|number 02694718)which
is|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|incorporated
in the|United|Kingdom,|||pays its|profits to the|||charity|by gift aid.||Playhouse|Services
Limited||
|operates
the bars,|restaurant,||and|all commercial||||trading|operations||carried|on at the Wiltshire||Creative|
|premises.
The charity owns the entire
trading
results is shown
below,|||||share|capital||of 100 ordinary|||shares of|51 each. A|summary
of the||
|||||||||||||2021||2020|
|||||||||||||5||6|
|Turnover||||||||||||78,837||364,256|
|Cost ofsales and administration|||costs|||||||||(101,941)||(246,858)|
|Corporation
Tax|||||||||||||||
|Net profit /(loss)||||||||||||(23,104)||117,398|
|Amount
gift aided to the charity|||as a|distribution||||||||(95,088)||(93,700)|
|The assets and liabilities||ofthe eubsidiary||||were:|||||||||
|Fixed Assets||||||||||||6,638||10,289|
|Current assets||||||||||||9,488||121,264|
|Current
liabilities||||||||||||(16,026)||(13,261)|
|Total net assets||||||||||||100||118,292|
|Aggregate
share capital and reserves||||||||||||100||118,292|
|The wholly
owned
trading|subsidiary|subsidiary|Salisbury|Salisbury|Playhouse|Playhouse|Productions|Productions|Productions|Limited,
(company|Limited,
(company|number|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|09217165)which is incorporated||in the|United|Kingdom,||operates||the in|house|productions|at the|Wiltshire|
|Creative premises.
The charity||owns the entire share capital of|||||1|ordinary|share of51 each.||A summary
of||
|the trading
results is shown|below.||||||||||||
|||||||||||2021||2020f|
|Turnover||||||||||157,537|1,219,808||
|Cost ofsales and administration||costs||||||||(176,779)|(1,373,007)||
|Theatre Tax Credit due||||||||||19,242||153,199|
|Net profit I(loss)|||||||||||||
|The assets and liabilities ofthe subsidiary||||were:|||||||||
|Current assets||||||||||177,950||173,319|
|Current
liabilities||||||||||(178,0110|(173,380)||
|Total net assets
/ (liabilities)||||||||||(61)||(61)|
|Aggregate
share capital and reserves||||||||||(61)||(61)|
##
##
##
|consistent|with the use o|fresources.|||||
|---|---|---|---|---|---|---|
|||||Allocated to|||
|||||costs|||
|||Wiltshire||ofgenerating||As adjusted|
|||Creative||voluntary|Total|Total|
|||operation|Governance|income|2021|2020|
|||8|F|||F|
|SUPPORT|COSTS:||||||
|General office||665,858|6,046|12,091|683,994|868,275|
|Finance||16,755|21,234||37,989|63,870|
|Professional|fees|13,366|||13,366|13,069|
|Fundraising|costs|||287|287|310|
|||695,979|27,280|12,378|735,636|945,524|
##
|The charity||undertakes
d|irect charitable
ac|tivities only and d|oes not make gr|ant payments.||
|---|---|---|---|---|---|---|---|
||||||||As|
||||In-House/|Visiting|Education||adjusted|
||||Co-Production|Company|and|Total|Total|
||||performances|performances|Outreach|2021|2020|
||||E|E|E|E|8|
|Backstage|&other|||||||
|production|costs||706,996|33,128|24,286|764,410|2,763,552|
|Production/activity||||||||
|advertising|&marketing||149,983||7,894|157,877|327,855|
|Ticket Sales||& front of||||||
|house|||219,790||11,568|231,358|.365,079|
|Education|&|||||||
|outreach|||||147,553|147,553|31,884|
|Depreciation|||297,913|16,551|16,551|331,014|332,041|
|Central premises costs|||148,102|8,228|8,228|164,557|288,447|
|Support costs|||626,381|34,799|34,799|695,979|910,501|
|Governance||costs|27,280|||27,280|22,688|
|Total|||2,176,444|92,706|250,878|2,520,027|5,042,046|
##
|||In House/|Visiting|Education||
|---|---|---|---|---|---|
|||Co-Production|Company|and||
|||performances|performances|Outreach|Total|
|||F|8||E|
|Costs||2,176,444|92,706|250,878|2,520,027|
|Income||(66,320)|(20,101)|(45,294)|(131,715)|
|Net cost funded|from other income|2,110,124|72,605|205,584|2,388,312|
##
##
|||||||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||2021|2020|
|||||||||||||5|5|
|Salaries|and|wages||||||||||1,540,725|2,040,578|
|National|insurance|||||||||||118,630|149,954|
|Pension|costs|||||||||||35,146|41,353|
|||||||||||||1,694,501|2,231,885|
|Of this the key management|||||personnel|||costs were as follows:||||||
|Salaries||||||||||||383,450|405,795|
|National|Insurance|||||||||||42,237|46,481|
|Pension|Costs|||||||||||11,092|6,087|
|||||||||||||436,779|458,362|
|Two employees|||had|emoluments||in|excess||ofF60,000 (2020:2).|||||
|The average||number||of full-time||equivalent|||employees|(including|casual and part-time
staff)||during the yea|
|was as|follows:|||||||||||||
||||||||||2021|||2020||
||||||Full-time|||Part-time||FTE|Full-time|Part-time|FTE|
|Theatre||||||46|||23|55|51|86|71|
|Cafe, bar 8||shop|||||1||12|5|4|32|15|
|||||||47|||35|60|55|118|86|
##
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##
||Freehold|Leasehold|Plant,|Total|
|---|---|---|---|---|
||property
and|property
and|equipment||
||improvements
F|improvements
6|and motor
vehicles||
|Cost|||||
|As at 1 April 2020|4,101,419|4,064,683|2,213,590|10,379,692|
|Additions|||79,112|79,112|
|Disposals|||||
|As at 31 March 2021|4,101,419|4 064 683|2 262 702|10458804|
|Depreciation:|||||
|As at 1 April 2020|2,565,002|1,302,209|1,300,844|5,168,055|
|Charge for the year|109,545|107,226|121,108|337,879|
|Disposals|||||
|As at 31 March 2021|2,674,547|1,4II9,435|I 421 952|5 505,934|
|Net book value:|||||
|As at 31 March 2021|1,426,872|2,655,248|870,750|4,952,870|
|As at 1 April 2020|1,536,417|2,762,474|912,746|5,211,637|
##
##
||Freehold|Leasehold|Plant,|Total|
|---|---|---|---|---|
||property
and|property
and|equipment||
||improvements|improvements|and motor||
|||6|vehicles||
||||E||
|Cost:|||||
|As at 1 April 2020|4,101,419|4,064,683|2,185,044|10,351,146|
|Additions|||79,112|79,112|
|Disposals
.|||||
|As at 31 March 2021|4,101,419|4,064,683|2,264,156|10,430,258|
|Depreciation:|||||
|As at 1 April 2020|2,565,002|1,302,209|1,282,587|5,149,798|
|Charge for the year|109,545|107,226|117,457|334,228|
|Disposals|||||
|As at 31 March 2021|2,674,547|1,409,435|1,400,044|5,484,026|
|Net book value:|||||
|As at 31 March 2021|1,426,872|2,655,248|864,112|4,946,232|
|As at 1 April 2020|1,536,417|2,762,474|902,457|5,201,348|
##
##
||||||||
|---|---|---|---|---|---|---|
|STOCK||||Group||Charity|
||||2021|2020|2021|2020|
||||5||||
|Raw materials|||13,382|15,540|13,382|15,540|
|Goods for resale|||3,961|13,654|||
||||17,343|29,194|13,382|15,540|
|DEBTORS||||Group||Charity|
|||||As||As|
|||||adjusted||adjusted|
||||2021|2020|2021|2020|
||||6|F|||
|Trade debtors|||21,963|49,274|21,692|48,466|
|Owed by group undertakings|||||183,311|79,561|
|Other debtors|||51,133|179,752|31,133|20,800|
|VAT|||||||
|Corporation|tax||344|344|||
|Production|expenditure|in advance|62,291|37,407|62,291|37,407|
|Prepayments|and accrued income||89,379|78,079|89,379|78,079|
||||225,110|344,856|387,806|264,312|
##
##
##
|||Group||Charity|
|---|---|---|---|---|
|||As||As|
|||adjusted||adjusted|
||2021|2020|2021|2020|
||F|6|E||
|Trade creditors|49,298|177,603|47,437|169,000|
|Deferred income|80,225|198,953|80,225|198,953|
|Bank loans and overdrafts|11,667||11,667||
|Tax and social security|121,676|235,732|121,676|235,732|
|Owed to grou p undertakings|||||
|Other creditors|94,374|118,356|90,023|117,757|
|Accruals|131,593|75,854|127,079|71,795|
||488,833|806,498|478,107|793,237|
##
##
||||||Group|||Charity||
|---|---|---|---|---|---|---|---|---|---|
|||||2021
E||2020
f|2021
E||2020
8|
|Bank|loans|and|overdrafts|163,333|||163,333|||
|||||163,333|||163,333|||
##
|ticket sal|es for p|erformances
|after the year end.|||
|---|---|---|---|---|---|
|||||Group|Charity|
|||||8|8|
|Balance|as at 1|April 2020||198,953|198,953|
|Amount|released|to incoming|resources|(198,953)|(198,953)|
|Amount|deferred|in year||80,225|80,225|
|Balance|at 31 March 2021|||80,225|80,225|
##
##
|Analysis|of unrestricted|of unrestricted|of unrestricted|fund movements|fund movements|||||
|---|---|---|---|---|---|---|---|---|---|
||||||As adjusted|||||
||||||Balance at||||Fund at|
||||||31 March|Incoming|Resources||31 March|
||||||2020|resources|expended|Transfers|2021|
||||||||6||K|
|General|fund||||(259,496)|2,958,304|(2,369,612)|(31,000)|298,196|
|Designated
funds||||||||||
|Capital
Capital|building
appeal
and repairs
&other||||424,925
170,802||||424,925
170,802|
|Artistic development
box office reserve|||and||69,000|||31,000|100,000|
|Building R8 R and
improvements|||||69,000||||69,000|
|Development —special
projects|||||30,528|1,133|(3,618)||28,043|
|Non-charitable
trading|||funds||118,130|(23,104)|(95,088)||(62)|
|Total|||||622,889|2,936,333|(2,468,318)||1,090,904|
##
##
##
||||||Balance|||||
|---|---|---|---|---|---|---|---|---|---|
||||||at 31||||Fund at|
||||||March|Incoming|Resources||31 March|
||||||2020|resources|expended|Transfers|2021|
||||||E||6||6|
|Theatre Development|||Fund||259,130||(3,835)||255,295|
|Eda Moore Legacy|||||49,336||(669)||48,667|
|SDC Capital Grant|||||15,580||(13,286)||2,294,|
|National
Lottery Capital|||Grant||228,349||(44,320)||184,029|
|Capital
Building Campaign|||||550,809||(25,021)||525,788|
|House Development||Fund|||16,355||(16,355)|||
|Sustain -Allocated|Capital|||Spend|16,688||(11,784)||4,904|
|Catalyst|||||1,550||(1)||1,549|
|ACE - Small Scale|Capital||||99,289||(19,248)||80,041|
|Capital works inc external||||lighting|2,771,802||(105,957)||2,665,845|
|Small capital project|||||8,481||(4,728)||3,753|
|Sound and Light|||||1,610||||1,610|
|Light Up Arts/Kingfisher|||||3,292||||3,292|
|Pobit Broadcasting|Kit||||247||||247|
|Community
First
Salisbury
Arts Centre||2018|||26,000||||26,000|
|remedial
w'orks|||||124,850|50,000|(15,912)||158,938|
|Access Project|||||27,540||||27,540|
|Total|||||4,200 908|50,000|261,116||3,989792|
##
##
##
##
|ANALYSIS OF CHARI|ANALYSIS OF CHARI|ANALYSIS OF CHARI|ANALYSIS OF CHARI|TABL|E FUNDS (continuedj|
|---|---|---|---|---|---|
|RESTRICTED FUNDS||||||
|Name offund
Theatre Development||||Fund|Description,
nature and purpose ofthe fund
Originally
this fund arose from capital donations
and grants received
in order
to fund
the
building
of the theatre
and
extension.
Subsequently,
specific
fundraising
appeals
have been launched
to help finance the theatre's
various
refurbishment
programmes,
the general
donations
for which have also been|
||||||included
here. This fund is being depreciated
over a period equivalent
to the|
||||||estimated
useful
life ofthe freehold
property
and improvements.|
|Eda Moore Legacy|||||This fund arose from the legacy ofthe late Eda Moore who bequeathed
funds
to the Theatre for the repair and restoration
ofthe theatre
building.
Under the|
||||||terms of her will, should
Salisbury
Arts Theatre
Limited cease to continue as|
||||||a going concern
then
any
unapplied
funds
should
be held
in trust
for and
transferred
to a further
named
beneficiary.
The balance
shown
at 31 March|
||||||2020 consists ofthe total legacy receivable
to date less the amounts
so far|
|Salisbury
City Council
Capital Grant & National
Lottery Grant|||||depreciated.
These funds arose from capital grants received
in order to assist the funding
ofthe 1996and 1997 theatre
refurbishment
programmes.
These funds are
being released to unrestricted
funds over a period equivalent
tothe estimated
useful
lives of the qualifying
assets to which they relate. The balance shown
at 31 March
2020 consists
of the
total grants
received
to date less the|
||||||amounts so far depreciated.|
|Capital
Building
Campaign
House Development
Fund|||||In 2005, the Theatre
launched
a capital
building
campaign
to raise funds to
build a rehearsal space and community
and education
space.
Following
th'e successful
conclusion
of the Capital
Building
Campaign
as the
rehearsal
space and community
and education
spaces were commissioned,
the House Development
Fund was set up to continue
fundraising
to provide|
|Arts Council —Sustain|||||for future capital needs.
In October 2009, Arts Council England
awarded
the Theatre E400,000spread|
||||||over two years, as part of its Sustain
Programme,
to support the Playhouse
during
the recession
by enabling
it to maintain
its artistic programme
and to|
||||||continue
its education,
community
and audience
development
programmes.|
||||||The balance shown at 31 March 2020 consists ofthe total funds received less|
||||||the amounts
so far depreciated.|
|Catalyst|||||During 2012/1 3the Theatre was awarded F120,000 spread over three years,
to assist with
diversification
of income
streams
and
support
work towards|
||||||accessing
more
funding
from
private
sources.
Catalyst
is
provided
by
investment
from Arts
Council
England,
the Heritage
Lottery
Fund
and the|
|Small Scale Capital|||||Department
of Culture,
Media and Sport.
During
2015/16 the Theatre
was successful
in obtaining
funding
from
Arts
Council
England
—small
scale capital
fund
towards
improvements
In the|
||||||Salberg. This included
new seating,
lighting
and sound as well as improved|
||||||insulation.|
|Merger|Grant||||Funding
received
from Arts Council
England
in respect ofthe merger.|
|Capital|Works||||The grants
were
made
in respect
of capital
expenditure
on St Edmunds
Church
which has been funded
mainly
by grants from the Arts Council Lottery|
||||||Fund, the Heritage
Lottery,
Salisbury
District Council
and a variety
of trusts|
||||||and
individual
donors. The amount
released as a credit against expenditure|
||||||each year is equivalent
to the amount
of depreciation
charlIed
against
that|
||||||expenditure.|
##
##
##
##
##
|Operating
leases which expire:|||
|---|---|---|
||2021|2020|
||8|5|
|Not later than one year|4,026|4,026|
|Later than one year and not later than five years|3,733|7,759|
##
##
##
##
##
|there ar|e, therefore|no|pos|sible|unforeseen
liabilities.|||
|---|---|---|---|---|---|---|---|
|||||||2021f|2020
6|
|Pension|premiums|paid|to|these|schemes|35,146|841,353|
##
##
||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||E|8|
|Surplus/(deficit)||as|previously|reported|||165,663|(536,380)|
|Adjustments|in|respect ofrecoverable|||VAT (2020 is a prior period adjustment)||91,235|(86,323)|
||||||||256,898|(622,703)|
||||||||2021|2020|
||||||||8|8|
|Total funds|brought||forward as previously|||reported|5,034,658|5,571,038|
|Prior period|adjustments||||||(210,860)|(124,537)|
||||||||4,823,798|5,446,501|