OpenCharities

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2021-03-31-accounts

CONTENTS PAGES
ReportoftheTrustees **1to9 **
Independentexaminer'sreporttotheTrustees 10
StatementofFinancialActivities 11
Balancesheet 12
Notestothefinancialstatements 13to20

2021 2020
Unrestricted Restricted Total Total
Note funds funds funds funds
£ £ £ £
Incomefrom:
Donationsandlegacies 3 93,090 5,000 98,090 23,336
Othertradingactivities 4 8,512 8,512 221,069
Investments 5 133 133 460
Total 101,735 5,000 106,735 244,865
Expenditureon:
Raisingfunds 6 (3,688) (3,688) (30,106)
CharitableActivities 7 (90,262) (20,292) (110,554) (190,995)
Other 10 (7,893) (7,893) (12,647)
Total (101,843) (20,292) (122,135) (233,748)
Netincome/(expenditure) (108) (15,292) (15,400) 11,117
Transfersbetweenfunds
NetMovementinFunds (108) (15,292) (15,400) 11,117
ReconciliationofFunds:
Totalfundsbroughtforward 463,467 1,821,947 2,285,414 2,274,297
Totalfundscarriedforward 463,359 1,806,655 2,270,014 2,285,414
Note 2021 2020
£ £
Fixedassets
Tangibleassets 15 1,977,681 2,005,948
Currentassets
Stocks 2,026 3,435
Debtors 16 24,968 15,195
Cashatbankandinhand 308,157 291,012
TotalCurrentAssets 335,151 309,642
Liabilities
Creditors:AmountsFallingDueWithinOneYear 17 (42,818) (30,176)
NetCurrent(Liabilities)/Assets 292,333 279,466
TotalAssetsLessCurrentLiabilities 2,270,014 2,285,414
Creditors:AmountsFallingDueAfterMoreThanOneYear -
NetAssets 2,270,014 2,285,414
FundsofTheCharity: 18
RestrictedFunds 1,806,655 1,821,947
UnrestrictedFunds 463,359 463,467
TotalFunds 2,270,014 2,285,414

3 Incomefromdonationsandlegacies 2021 2020
Donations 5,751 2,236
Subscriptionsandgeneralincome 19,903 21,100
Grantsreceived 47,436
Businessinterruptionclaimincome 25,000
98,090 23,336
4 Incomefromothertradingactivities 2021 2020
£ £
Communityhires 3,308 14,225
Boxoffice 100,359
Bartakings 46,637
Theatrehire 5,204 59,848
8,512 221,069
5 Investmentincome 2021 2020
£ £
Bankinterestreceived 133 460
6 Raisingfunds 2021 2020
£ £
Barpurchases 1,408 16,902
Catering 632
Managementcharge 2,280 12,572
3,688 30,106
7 Expenditureoncharitableactivities Note 2021 2020
£ £
Theatrerunningcosts 8 107,620 186,557
Governancecosts 9 2,934 4,438
110,554 190,995

8 Analysisoftheatrerunningcosts
Unrestricted Restricted Totalfunds Totalfunds
funds funds 2021 2021
f £ £ £
Groundrent - 100
Servicecharge 568 568
Waterrates 632 632 839
Lightandheat 12,112 12,112 25,380
Insurance 13,358 13,358 11,598
Maintenance 1,929 1,929 4,413
Theatrehire 14,447 14,447 23,547
Theatrebuildingmaintenance 14,072 14,072 16,950
Cleaning 8,484 - 8,484 26,854
Productioncosts (682) (682) 24,308
Generalexpenses 314 314 212
Boxofficerunningcosts 429 429 420
Publicitycosts 6,624 6,624 16,092
Theatrebuildingandequipment
depreciation 15,041 20,292 35,333 35,844
87,328 20,292 107,620 186,557
9 Analysisofgovernancecosts 2021 2020
f £
Independentexaminersfee 2,769 2,993
Legalandprofessionalfees 1,247
Subscriptioncollection 165 198
Total 2,934 4,438
Otherexpenditure
Unrestricted Totalfunds Totalfunds
funds 2021 2020
f £ £
Generalexpenses 94 94 1,445
Telephone 2,885 2,885 3,423
Print,postandstationery 755 755 1,579
Bankcharges 3,095 3,095 5,136
Officeequipmentdepreciation 1,064 1,064 1,064
7,893 7,893 12,647

Netincome/(expenditure)fortheyear 2021 2020
Thisisstatedaftercharging: £ £
Depreciation—OwnedAssets 36,397 36,908
Independentexaminationfee 1,000 1,000
Nonauditservices 1,769 1,993

Tangibleassets
Theatre Theatre Office
Building Equipment Equipment Total
£ £ £ £
Cost:
At1April2020 2,335,312 339,092 14,983 2,689,387
Additions 8,130 8,130
Disposals
At31March2021 2,335,312 347,222 14,983 2,697,517
Depreciation:
At1April2020 438,274 232,484 12,681 683,439
Chargefortheyear 19,365 15,968 1,064 36,397
Eliminatedondisposal
At31March2021 457,639 248,452 13,745 719,836
NETBOOKVALUE:
At31March2021 1,877,673 98,770 1,237 1,977,681
At31March2020 1,897,038 106,608 2,302 2,005,948

16 Debtors 2021 2020
£ £
Tradedebtors 2,060 6,291
Otherdebtors 5,337 3,562
Prepaymentsandaccruedincome 17,571 5,342
24,968 15,195
17 Creditors:amountsfallingduewithinoneyear 2021 2020
£ £
Tradecreditors 25,997 9,119
Othertaxationandsocialsecurity 3,238
Othercreditors 14,025 12,542
Accrualsanddeferredincome 2,796 5,277
42,818 30,176
Analysisofmovementinunrestrictedfunds Analysisofmovementinunrestrictedfunds
**Balance1 ** Income Expenditure Transfer Balance31
April2020 Mar2021
f f f f f
Generalfund 463,467 101,735 (101,843) - 463,359
Analysismovement inunrestrictedfunds— previousyear
**Balance1 ** Income Expenditure Transfer Balance31
April2019 Mar2020
f f f f f
Generalfund 432,058 244,865 (213,456) 463,467

**Analysismovementi ** nrestrictedfunds
**Balance1 ** Income Expenditure Transfer Balance31
April2020 Mar2021
f f f f f
Restrictedfunds 1,821,947 5,000 (20,292) 1,806,655
Analysismovementinrestrictedfunds— previous year
**Balance1 ** Income Expenditure Transfer Balance31
April2018 Mar2019
f f f f f
Restrictedfunds 1,842,239 (20,292) 1,821,947

Analysisofnetassetsbetweenfunds
Unrestricted Restricted
funds funds Total
£ £ £
Fixedassets 176,025 1,801,655 1,977,680
Cashatbankandinhand 303,157 5,000 308,157
Currentassets 26,995 26,995
Currentliabilities (42,818) - (42,818)
At31March2021 463,359 1,806,655 2,270,014
Analysisofnetassetsbetweenfunds— previousyear
Unrestricted Restricted
funds funds Total
£ £ £
Fixedassets 184,001 1,821,947 2,005,948
Cashatbankandinhand 291,012 291,012
Currentassets 18,630 - 18,630
Currentliabilities (30,176) (30,176)
At31March2020 463,467 1,821,947 2,285,414