| Page | |
|---|---|
| Legal and Administrative Information | 1−2 |
| Report of the Trustees and Directors | 3−4 |
| Statement of Financial Activities | 5 |
| Statement of Financial Position | 6 |
| Notes forming part of the Financial Statements | 7−13 |
| Independent Examiner's Report | 14 |
| Funds | ||||||
|---|---|---|---|---|---|---|
| Note | Unrestricted | Unrestricted | **Total ** | Funds | ||
| General | Designated | Restricted | 31.8.23 | 31.8.22 | ||
| E | E | |||||
| INCOME AND ENDOWMENTS FROM: | ||||||
| Subscriptions, donations & grants | 3 | 8,910 | 8,910 | 21,412 | ||
| Other trading activities | ||||||
| Trading operations | 4 | 90,525 | − | 90,525 | 71,302 | |
| Fundraising income | 2C | |||||
| Investments | 5 | 69 | 218 | 286 | 561 | |
| Charitable activities | ||||||
| Income from operation of the theatre | 6 | 377,696 | 24,628 | 402,324 | 405,252 | |
| Total | 477,199 | 24,845 | 502,045 | 498,54; | ||
| EXPENDITURE ON: | ||||||
| Charitable activities: | ||||||
| Trading operations | 4 | 35,435 | − | − | 35,435 | 22,63' |
| Costs of operation of the theatre | 7 | 394,609 | 5,599 | 38,203 | 438,410 | 385,33: |
| Management and administration costs | 8 | 189,911 | − | − | 189,911 | 117,67! |
| Governance costs | 9 | 3,750 | − | 3,750 | 3,75i | |
| Total | (623,705) | (5,599) | (38,203) | (667,506) | (529,39, | |
| Net income/(expenditure) before transfers | (146,506) | (5,599) | (13,358) | (165,463) | (30,84 | |
| Gross transfers between funds | ||||||
| Other recognised gains/(losses) | ||||||
| Gains/(losses) on investment assets | 10 | (87) | (87) | (3,90 | ||
| Net income/(expenditure) after transfers | (146,506) | (5,599) | (13,445) | (165,551) | (34,−5 | |
| Reconciliation of funds: | ||||||
| Total Funds brought forward | 125,819 | 39,983 | 399,657 | 565,459 | 600,21 | |
| Total Funds carried forward | (20,687) | 34,384 | 386,212 | 399,909 | 565,45 |
| AS AT | 31 AUGUST 2023 | ||||
|---|---|---|---|---|---|
| Note | 31.8.23 | 31.8.22 | |||
| FIXED ASSETS: | |||||
| Tangible Assets for Charity Use | 13 | 505,174 | 428,823 | ||
| Investments | 14 | 10,294 | |||
| 505,174 | 439,117 | ||||
| 'CURRENT ASSETS: | |||||
| Stock | 15 | 3,586 | 7,775 | ||
| Debtors | 16 | 60,229 | 42,065 | ||
| Short Term Deposits | 17 | 237 | 70,000 | ||
| Cash at Bank and In Hand | 90,939 | 76,507 | |||
| 154,991 | 196,347 | ||||
| CREDITORS: Amounts falling due | |||||
| within one year | |||||
| Creditors & Accruals | 18 | (220,255) | (70,005) | ||
| NET CURRENT ASSETS/(LIABILITIES): | (65,264) | 126,342 | |||
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES: | 439,909 | 565,459 | |||
| CREDITORS: Amounts falling due | |||||
| after more than one year | 19 | (40,000) | |||
| NET ASSETS: | 399,909 | 565,459 | |||
| FUNDS OF THE CHARITY: | |||||
| Unrestricted | 20 | 13,697 | 165,802 | ||
| Restricted | 20 | 386,212 | 399,657 | ||
| TOTAL CHARITY FUNDS | 399,909 | 565,459 |
| 3. | Voluntary income −subscriptions, donations & grants | Voluntary income −subscriptions, donations & grants | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | ||||
| General | Designated | Restricted | 31.8.23 | 31.8.22 | ||
| Funds | Funds | Funds | Funds | Funds | ||
| f | f | f | f | f | ||
| Grants | − | − | − | 14,152 | ||
| Theatre friends subscriptions | 1,158 | − | 1,158 | 2,225 | ||
| Donations | 7,752 | − | 7,752 | 5,035 | ||
| 8,910 | 8,910 | 21,412 | ||||
| 4. | Trading operations | |||||
| a. Income from bar sales and sales of |
||||||
| confectionery and coffee | 90,525 | 90,525 | 71,302 | |||
| b. Cost of bar sales and sales of |
||||||
| confectionery and coffee | 35,435 | 35,435 | 22,637 | |||
| 5. | Investment income | |||||
| Interest on COIF Investment Funds | 44 | 218 | 262 | 326 | ||
| Interest on COIF Cash Deposit | 236 | |||||
| Bank interest | 24 | 24 | ||||
| 69 | 218 | 286 | 561 | |||
| 6. | Income from operation of the theatre | |||||
| Letting income | 53,123 | − | 53,123 | 41,507 | ||
| Productions and booking fees | 204,499 | − | − | 204,499 | 292,427 | |
| Pantomime ticket sales | 91,932 | 91,932 | − | |||
| Other income | 20,989 | 20,989 | 28,692 | |||
| Community fund | 5,897 | − | − | 5,897 | ||
| Recharged technical services | 1,256 | 1,256 | ||||
| Box office handling charge | − | − | 24,012 | |||
| Restoration levy | − | 24,628 | 24,628 | 18,615 | ||
| 377,696 | 24,628 | 402,324 | 405,253 | |||
| 7. | Costs of operation of the theatre | |||||
| Productions' costs | 253,794 | − | 253,794 | 276,554 | ||
| Caretaker/cleaning | 2,403 | − | 2,403 | 3,059 | ||
| Legal and professional fees | 7,233 | − | − | 7,233 | 335 | |
| Repairs and renewals | 29,747 | 29,747 | 6,520 | |||
| Marketing and advertising | 54,082 | − | − | 54,082 | 57,895 | |
| Telephone | 1,302 | − | − | 1,302 | 1,186 | |
| Light and heat | 8,279 | − | 8,279 | 9,062 | ||
| Rates and rubbish collection (net) | 8,592 | − | 8,592 | 4,950 | ||
| IT & Technical | 11,881 | − | − | 11,881 | 9,904 | |
| _Box_office administration | 1,681 | − | − | 1,681 | 3,089 | |
| Provision for doubtful debt | 200 | . | 200 | 144 | ||
| Irrecoverable VAT | 43,287 | − | − | 43,287 | ||
| Depreciation and amortisation | 1,876 | 5,599 | 8,456 | 15,931 | 12,634 | |
| 394,609 | 5,599 | 38,203 | 438,410 | 385,332 |
| 8. | Management and administration | Unrestricted | Unrestricted | Total | Total | |
|---|---|---|---|---|---|---|
| costs | General | Designated | Restricted | Funds | Funds | |
| Funds | Funds | Funds | 31.8.23 | 31.8.22 | ||
| f | f | f | £ | E | ||
| Theatre Management−salaries etc | 116,369 | 116,369 | 67,315 | |||
| Insurances | 13,848 | 13,848 | 7,766 | |||
| Bank & credit card charges | 10,542 | 10,542 | 1,792 | |||
| Box Office Management | 19,548 | 19,548 | 12,000 | |||
| Secretary | − | 3,720 | ||||
| Bookkeeping | 6,808 | 6,808 | 5,945 | |||
| Box office computer costs | 18,723 | 18,723 | 15,421 | |||
| Miscellaneous expenses | 4,072 | 4,072 | 3,716 | |||
| 189,911 | 189,911 | 117,675 | ||||
| 9. | Governance costs | |||||
| Independent Examiner's fees | 3,750 | 3,750 | 3,750 | |||
| 10. | Gains/(Losses) on Investment Assets | |||||
| Unrealised gain/(loss) on | ||||||
| revaluation of investments | (87) | (87) | (3,907) |
| (ii) | Total | Total | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Funds | Funds | ||||||
| Funds | Funds. | Funds | 31.8.23 | 31.8.22 | ||||||
| f | f | f | f | f | ||||||
| Costs | of staff, | including | Employer's | NIC | 135,917 | 135,917 | 79,315 |
| 12. | Movement in total funds for the year | 31.8.23 | 31.8.22 |
|---|---|---|---|
| This is stated after charging: | |||
| Depreciation and Amortisation | 15,931 | 12,634 | |
| Independent Examiner's Fee −external scrutiny | 3,750 | 3,750 |
| 13. | Tangible fixed assets | |||||
|---|---|---|---|---|---|---|
| Freehold | Improvements | Fixtures & | ||||
| Property | to Property | Canopy | Fittings | Total | ||
| £ | £ | £ | £ | £ | ||
| Cost: | ||||||
| At 1 September 2022 | 300,000 | 180,691 | 26,589 | 169,598 | 676,87E | |
| Additions | 92,814 | 3,017 | 95,831 | |||
| At 31 August 2023 | 300,000 | 273,505 | 26,589 | 172,923 | 772,70.c | |
| Depreciation: | ||||||
| At 1 September 2022 | 85,674 | 26,589 | 139,649 | 251,91:. | ||
| Charge for the year | − | 10,940 | 4,991 | 15,93: | ||
| At 31 August 2023 | 96,614 | 26,589 | 144,640 | 267,84 | ||
| Net Book Value: | ||||||
| At 31 August 2023 | 300,000 | 176,891 | 28,283 | 505,17. | ||
| At 31 August 2022 | 300,000 | 96,517 | 32,306 | 428,82 | ||
| 14. | Investments | |||||
| 31.8.23 | 31.8.2 | |||||
| AT MARKET VALUE | ||||||
| COIF Charities Unit Funds | 10,29 | |||||
| 15. | Stock | 31.8.23 | 31.8.2 | |||
| Items for resale in Bar and | ||||||
| Coffee Bar | 3,586 | |||||
| 16. | Debtors | 31.8.23 | 31.8.: | |||
| Prepayments & Accrued Income | 54,218 | 16,4! | ||||
| Trade Debtors | 5,017 | 5,8, | ||||
| Social Security & Other Taxes | 10,01 | |||||
| Balance with Kenton Theatre Presentations | Limited | 9,7: | ||||
| Other Debtors | 994 | |||||
| 60,229 | 42,01 | |||||
| **17. ** | Short Term Deposits | 31.8.23 | 31.8. | |||
| COIF Charities Deposit Fund | 237 | 70,0 |
| **18. ** | Creditors: Amounts falling due within one year | Creditors: Amounts falling due within one year | 31.8.23 | 31.8.22 | ||
|---|---|---|---|---|---|---|
| Trade Creditors | 53,310 | 22,891 | ||||
| Accruals | 44,351 | 8,200 | ||||
| Deferred Income | 49,065 | 900 | ||||
| Other Creditors | 4,545 | 40,137 | ||||
| Balance with Kenton Theatre Presentations Limited | 2,678 | |||||
| Social Security & Other Taxes | 66,307 | (2,123) | ||||
| 220,255 | 70,005 | |||||
| **19. ** | Creditors: Amounts falling due more than one year | 31.8.23 | 31.8.22 | |||
| Loans | 40,000 | |||||
| **20. ** | Movement in funds | Investment | ||||
| gains/ | ||||||
| At 1.9.22 | Income | Expenditure | (losses) | At 31.8.23 | ||
| Unrestricted fund | ||||||
| General | 125,819 | 477,199 | (623,705) | (20,687) | ||
| Designated Fund | ||||||
| Kenton for Keeps General Fund | 39,983 | (5,599) | 34,384 | |||
| Total Unrestricted Funds | 165,802 | 477,199 | (629,304) | 13,697 | ||
| Restricted funds | ||||||
| General | 1,000 | − | 1,000 | |||
| Kenton for Keeps Freehold | ||||||
| Purchase Fund | 300,000 | − | 300,000 | |||
| Restoration Levy Fund | 76,057 | 24,845 | (34,981) | (87) | 65,834 | |
| Property Improvement Fund | 22,600 | − | (3,222) | 19,378 | ||
| Total Restricted Funds | 399,657 | 24,845 | (38,203) | (87) | 386,212 | |
| Total Funds | 565,459 | 502,045 | (667,506) | (87) | 399,909 |