2023-08-31-accounts

	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