REGISTERED COMPANY NUMBER: 00666377 (England and Wales) REGISTERED CHARITY NUMBER: 251575
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022
FOR
HALL GREEN LITTLE THEATRE LIMITED
Flint & Thompson Chartered Accountants 2 Manor Square Solihull B91 3PX
HALL GREEN LITTLE THEATRE LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022
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Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5 to 6
Notes to the Financial Statements 7 to 12
Detailed Statement of Financial Activities 13 to 14
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HALL GREEN LITTLE THEATRE LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives, aims and public benefit
The objects of the Hall Green Little Theatre Limited are:
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to promote an understanding of theatre and dramatic art within the community by encouraging the participation of the widest possible cross-section of the community.
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to produce plays of a high standard which, by their varied content, uplift, educate, entertain and challenge both the audience membership and those who are directly involved with the productions.
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to encourage members of the local community to bring to the theatre their individual skills both to teach new skills to other members and also to learn new skills from them.
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to encourage teamwork and an environment where every member uses their individual skills to the greatest effect and every contribution is equally valued.
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to encourage the active participation of the young section of the community through the Youth Theatre, to develop their individual skills, both technical and artistic, and through their participation, bring to the youth of our society a love and appreciation of theatre and its value in society.
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to provide a venue for outside artistic organisations and educational participation.
The Youth Theatre, membership provided free of charge. The Youth Theatre, which has a multi-cultural and mixed-ability membership of upwards of 60 members who attend regularly
Significant activities
The charity will continue to promote plays of cultural diversity, at the same time expanding their work with young people. Hall Green Little Theatre Limited continues to provide opportunities for members of the local community, from a wide catchment area, and of all ages and dispositions, to take part in and benefit from the preparation and presentation of drama and other entertainment.
We continued to augment our supply of equipment in the lighting department, and front of house, with both artistic consideration and Health and Safety guidance being borne in mind. The purchase of this was helped by some legacies from deceased members, for which we are most grateful.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
00666377 (England and Wales)
Registered Charity number
251575
Page 1
HALL GREEN LITTLE THEATRE LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022
Registered office
Pemberley Road Acocks Green Birmingham West Midlands B27 7RY
Trustees
T Bainbridge (appointed 1/4/22) A E Cooley (appointed 1/4/22) H M Crowe R A Davies A J O'Hagan R T Palmer J F Richardson (appointed 1/4/22) E Roden R B Williams (appointed 1/4/22)
Independent Examiner
P Georgiades BA FCA Flint & Thompson Chartered Accountants 2 Manor Square Solihull B91 3PX
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ R T Palmer - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HALL GREEN LITTLE THEATRE LIMITED
Independent examiner's report to the trustees of Hall Green Little Theatre Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
P Georgiades BA FCA
Flint & Thompson Chartered Accountants 2 Manor Square Solihull B91 3PX
Date: .............................................
Page 3
HALL GREEN LITTLE THEATRE LIMITED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2022
| Unrestricted Designated fund fund Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 3,858 - Charitable activities Bar and Wardrobe 8,309 - Operation of theatre 2 33,269 - Investment income 3 13 - Other income 641 - Total 46,090 - EXPENDITURE ON Raising funds 3,480 - Charitable activities Management and administration 5,519 - Other 34,539 - Total 43,538 - NET INCOME/(EXPENDITURE) 2,552 - Transfers between funds 11 (10) 10 Net movement in funds 2,542 10 RECONCILIATION OF FUNDS Total funds brought forward 148,789 181,797 TOTAL FUNDS CARRIED FORWARD 151,331 181,807 |
2022 Total funds £ 3,858 8,309 33,269 13 641 46,090 3,480 5,519 34,539 43,538 2,552 - 2,552 330,586 333,138 |
2021 Total funds £ 5,997 - - 1,108 - 7,105 415 8,708 17,561 26,684 (19,579) - (19,579) 350,165 330,586 |
|---|---|---|
The notes form part of these financial statements
Page 4
HALL GREEN LITTLE THEATRE LIMITED
BALANCE SHEET 31 JULY 2022
| Unrestricted Designated fund fund Notes £ £ FIXED ASSETS Tangible assets 7 47,960 - CURRENT ASSETS Stocks 8 1,534 - Debtors 9 4,651 - Cash at bank 108,219 181,807 114,404 181,807 CREDITORS Amounts falling due within one year 10 (11,033) - NET CURRENT ASSETS 103,371 181,807 TOTAL ASSETS LESS CURRENT LIABILITIES 151,331 181,807 NET ASSETS 151,331 181,807 FUNDS 11 Unrestricted funds: General fund Designated fund TOTAL FUNDS |
2022 Total funds £ 47,960 1,534 4,651 290,026 296,211 (11,033) 285,178 333,138 333,138 151,331 181,807 333,138 333,138 |
2021 Total funds £ 51,513 1,018 7,337 279,423 287,778 (8,705) 279,073 330,586 330,586 148,789 181,797 330,586 330,586 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
HALL GREEN LITTLE THEATRE LIMITED
BALANCE SHEET - continued 31 JULY 2022
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. R T Palmer - Trustee
The notes form part of these financial statements
Page 6
HALL GREEN LITTLE THEATRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Income from donations and grants, including capital grants, is included in incoming resources, when these are receivable, except as follows:
a) When donors specify that donations and grants given to the charity must be used in future accounting periods, the income is deferred until those periods.
b) When donors impose conditions, which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in incoming resources until the pre-conditions have been met.
Interest is included when receivable by the charity.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds are set aside by the trustees out of unrestricted general funds for specific future purposes or projects.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 7
HALL GREEN LITTLE THEATRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2022
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2. OPERATION OF THEATRE
2022 2021
£ £
-
Production and programme sales 31,675
-
Membership subscriptions 1,594
-
33,269
3. INVESTMENT INCOME
2022 2021
£ £
Bank interest received 13 1,108
4. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2022 2021
£ £
Depreciation - owned assets 6,143 5,766
5. TRUSTEES' REMUNERATION AND BENEFITS
No trustees received any payments in respect of remunerations during the year.
Trustees' expenses
No trustees received any payments in respect of expenses during the year.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Designated Total
fund fund funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 2,620 3,377 5,997
Investment income 1,108 - 1,108
Total 3,728 3,377 7,105
EXPENDITURE ON
Raising funds 415 - 415
Charitable activities
-
Management and administration 8,708 8,708
Other 17,561 - 17,561
Total 26,684 - 26,684
NET INCOME/(EXPENDITURE) (22,956) 3,377 (19,579)
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Page 8
HALL GREEN LITTLE THEATRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2022
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||||||
|---|---|---|---|---|
|6.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|
|Unrestricted|Designated|Total|
|fund|fund|funds|
|£|£|£|
|Transfers between funds|(547)|547|-|
|Net movement in funds|(23,503)|3,924|(19,579)|
|RECONCILIATION OF FUNDS|
|Total funds brought forward|172,292|177,873|350,165|
|TOTAL FUNDS CARRIED FORWARD|148,789|181,797|330,586|
|7.|TANGIBLE FIXED ASSETS|
|Theatre|
|Theatre|buildings|Plant and|
|buildings|improvements|equipment|Totals|
|£|£|£|£|
|COST|
|At 1 August 2021|121,010|56,316|25,663|202,989|
|Additions|-|-|2,590|2,590|
|At 31 July 2022|121,010|56,316|28,253|205,579|
|DEPRECIATION|
|At 1 August 2021|100,484|28,150|22,842|151,476|
|Charge for year|2,420|2,641|1,082|6,143|
|At 31 July 2022|102,904|30,791|23,924|157,619|
|NET BOOK VALUE|
|At 31 July 2022|18,106|25,525|4,329|47,960|
|At 31 July 2021|20,526|28,166|2,821|51,513|
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The theatre buildings represent a leasehold interest. The lease expires in 2032.
8. STOCKS
Stocks
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|||
|---|---|
|2022|2021|
|£|£|
|1,534|1,018|
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Page 9
HALL GREEN LITTLE THEATRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2022
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Prepayments and accrued income 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors and accruals 11. MOVEMENT IN FUNDS Net movement At 1/8/21 in funds £ £ Unrestricted funds General fund 148,789 2,552 Designated fund 181,797 - 330,586 2,552 TOTAL FUNDS 330,586 2,552 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 46,090 TOTAL FUNDS 46,090 Comparatives for movement in funds Net movement At 1/8/20 in funds £ £ Unrestricted funds General fund 172,292 (22,956) Designated fund 177,873 3,377 350,165 (19,579) TOTAL FUNDS 350,165 (19,579) |
2022 2021 £ £ 4,651 7,337 2022 2021 £ £ 11,033 8,705 Transfers between At funds 31/7/22 £ £ (10) 151,331 10 181,807 - 333,138 - 333,138 Resources Movement expended in funds £ £ (43,538) 2,552 (43,538) 2,552 Transfers between At funds 31/7/21 £ £ (547) 148,789 547 181,797 - 330,586 - 330,586 |
|---|---|
Page 10
HALL GREEN LITTLE THEATRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2022
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 3,728 Designated fund 3,377 7,105 TOTAL FUNDS 7,105 A current year 12 months and prior year 12 months combined position is as follows: Net movement At 1/8/20 in funds £ £ Unrestricted funds General fund 172,292 (20,404) Designated fund 177,873 3,377 350,165 (17,027) TOTAL FUNDS 350,165 (17,027) |
Resources Movement expended in funds £ £ (26,684) (22,956) - 3,377 (26,684) (19,579) (26,684) (19,579) Transfers between At funds 31/7/22 £ £ (557) 151,331 557 181,807 - 333,138 - 333,138 |
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Designated fund |
Incoming Resources Movement resources expended in funds £ £ £ 49,818 (70,222) (20,404) 3,377 - 3,377 |
|---|---|
| 53,195 (70,222) (17,027) |
|
| TOTAL FUNDS | 53,195 (70,222) (17,027) |
Page 11
HALL GREEN LITTLE THEATRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2022
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2022.
13. COVID-19 PANDEMIC
The theatre, following the easing of lockdown restrictions, reopend in December 2021. The Charity is hopeful that it can make a full recovery in the year ended July 2023.
14. DESIGNATED FUNDS
Designated funds consist of the following:
Small legacies for improvements = £3,591 Large legacies for contingency = £178,216
Page 12
HALL GREEN LITTLE THEATRE LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations and legacy Operation of theatre Production and programme sales Membership subscriptions |
2022 2021 £ £ 3,858 5,997 31,675 - 1,594 - |
|---|---|
| Investment income Bank interest received Charitable activities Bar operation Other income Fund raising |
33,269 - 13 1,108 8,309 - 641 - |
| Total incoming resources EXPENDITURE Fund raising Bar operation Fund raising |
46,090 7,105 3,372 415 108 - |
| Other Rent and ground rent Rates and water Heating and lighting Repairs and maintenance Insurance Advertising and publicity Cost of productions Cost of programmes |
3,480 415 760 760 3,420 2,791 9,923 6,619 1,668 1,535 4,550 5,054 2,310 802 5,235 - 530 - |
| Support costs Management Postage and stationery Carried forward |
28,396 17,561 199 94 199 94 |
This page does not form part of the statutory financial statements
Page 13
HALL GREEN LITTLE THEATRE LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2022
| Management Brought forward Telephone and internet Professional fees General costs Booking agency |
2022 2021 £ £ 199 94 1,137 1,148 1,193 893 317 310 2,177 - |
|---|---|
| Finance Bank charges Other Depn of theatre buildings Depn of theatre buildings improvements Depn of plant and equipment |
5,023 2,445 496 497 2,420 2,420 2,641 2,641 1,082 705 |
| 6,143 5,766 |
|
| Total resources expended | 43,538 26,684 |
| Net income/(expenditure) | 2,552 (19,579) |
This page does not form part of the statutory financial statements
Page 14
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Signed by Margaret Palmer using authentication code Z0U/OTJwOW5OKlpH at IP address 92.15.56.18, on 2023/04/27 08:34:29 Z.
Margaret Palmer's e-mail address is: roy@rtpmep.co.uk.