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||||CONTENTS|CONTENTS||
|---|---|---|---|---|---|
||||||Page|
|Reference|and administrative||details ofthe Charity,|its Trustees and advisers||
|Chairman's|statement|||||
|Trustees'|report||||3-9|
|Independent
auditors'||report|on the financial statements||10-13|
|Statement|offinancial activities|||||
|Income snd expenditure||account|||15|
|Balance sheet|||||16-17|
|Statement|ofcash flows|||||
|Notes to the financial statements|||||19-33|
|Trustees|||SirS H W Hughes,
Chair (appointed 6 April 2009)
MJWebber, Trustee (appointed
13January 2022)
J P Weston, Trustee (appointed
13January 2022)
G Ashworth,
Trustee (appointed
13January 2022)
G G Bowers, Trustee (appointed
13January 2022)
Or0P Marandos,
Trustee (appointed 13January 2022)
A M Shields, Trustee (appointed
13January 2022)
TSithole, Trustee (appointed 3December 2018)
SP Macnee, Trustee (appointed
8 February 2018)
SJTimothy, Trustee (appointed
14October 2005)
T LEPullen, Trustee (resigned
13January 2022)
FJStokes, Trustee (resigned 13January 2022)
T Cheltenham,
Trustee (appointed
13January 2022)|SirS H W Hughes,
Chair (appointed 6 April 2009)
MJWebber, Trustee (appointed
13January 2022)
J P Weston, Trustee (appointed
13January 2022)
G Ashworth,
Trustee (appointed
13January 2022)
G G Bowers, Trustee (appointed
13January 2022)
Or0P Marandos,
Trustee (appointed 13January 2022)
A M Shields, Trustee (appointed
13January 2022)
TSithole, Trustee (appointed 3December 2018)
SP Macnee, Trustee (appointed
8 February 2018)
SJTimothy, Trustee (appointed
14October 2005)
T LEPullen, Trustee (resigned
13January 2022)
FJStokes, Trustee (resigned 13January 2022)
T Cheltenham,
Trustee (appointed
13January 2022)|SirS H W Hughes,
Chair (appointed 6 April 2009)
MJWebber, Trustee (appointed
13January 2022)
J P Weston, Trustee (appointed
13January 2022)
G Ashworth,
Trustee (appointed
13January 2022)
G G Bowers, Trustee (appointed
13January 2022)
Or0P Marandos,
Trustee (appointed 13January 2022)
A M Shields, Trustee (appointed
13January 2022)
TSithole, Trustee (appointed 3December 2018)
SP Macnee, Trustee (appointed
8 February 2018)
SJTimothy, Trustee (appointed
14October 2005)
T LEPullen, Trustee (resigned
13January 2022)
FJStokes, Trustee (resigned 13January 2022)
T Cheltenham,
Trustee (appointed
13January 2022)|
|---|---|---|---|---|---|
|Company|registered|||||
|number|||01058397|||
|Charity registered||||||
|number|||264359|||
|Registered||office|3-5Elephant
Lane|||
||||London|||
||||SE164JD|||
|Company|secretary||SP Macnee|||
|Independent||auditors|Barnes Rotfe LLP|||
||||Chartered
Accountants|||
||||Statutory
Auditor|||
||||Leytonstone
House|||
||||Leytonstone|||
||||London|||
||||E111GA|||
|Bankers|||National
Westminster|Bank||
||||London Bridge (A) Branch
PQ Box35|||
||||10Southwark
Street|||
||||London|||
||||SE11TJ|||
|Interim Joint
Directors||Executive|Lucy Bradshaw
and Marie Vickers|||
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|||||Building|Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|funds|
|||||2022|2022|2022|2022|2021|
||||Note||||8||
|income and|||||||||
|endowments||from:|||||||
|Donations
and||legacies|||211,341|138,226|349,567|618,873|
|Charitable
activities|||||||||
|and support costs||||||82,462|82,462|67,279|
|Investments||||||13|13|1|
|Other income||||||21,518|21,518|6,212|
|Total income||and|||||||
|endowments|||||211,341|242,219|453,560|592,365|
|Expenditure|on:||||||||
|Raising funds||||||21,342|21,342|21,000|
|Chaditable
activities||||20,234|285,496|167,126|472,856|496,316|
|Total expenditure||||20,234|285,496|188,468|494,198|517,316|
|Net movement||in|||||||
|funds||||(20,234)|(74,155)|53,751|(40,638)|75,049|
|Reconciliation||of|||||||
|funds:|||||||||
|Total funds brought|||||||||
|forward||||172,386|82,955|59,546|314,887|239,638|
|Net movement||in funds||(20,234)|(74,155)|53,751|(40,638)|75,049|
|Total funds carried|||||||||
|forward||||152,152|8,800|113,297|274,249|314,867|
##
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|||||Total funds|Total funds|
|---|---|---|---|---|---|
|||||2022
5|2021f|
|Gross income
in the reporting||period||453,550|592,365|
|Less: Total expenditure||||(473,964)|(497,082)|
|Net income/(expenditure)|for|the reporting|period|(20rl04)|95,283|
|The notes on pages 19to|33form part ofthese financial statements.|||||
|||||2022||2021|
|---|---|---|---|---|---|---|
|||Note||||8|
|Fixed assets|||||||
|Tangible assets
Current assets||||152,152||172,819|
|Debtors||12|100,665||26,618||
|Cash at bank and in hand|||142,091||263,584||
||||242,756||290,202||
|Creditors: amounts|falling due within one||||||
|year||13|(81,546j||(98,134)||
|Net current assets||||161,210||192,068|
|Total assets less current Sabilities||||313,362||364,887|
|Creditors: amounts|falling due after more||||||
|than one year||14||(39,113)||(50,000)|
|Total net assets||||274,249||314,887|
|Charity funds|||||||
|Restricted
funds:|||||||
|Project fund||15|8,800||82,955||
|Building
fund||15|152,152||172,386||
|Total restricted
funds
Unrestncted
funds||15
15||160,952
113,297||255,341
59,546|
|Totalfunds||||274,249||314,887|
#
##
||STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS|||
|---|---|---|---|---|
||FORTHE YEAR ENDED 3'I MARCH 2022||||
||||2022|2021|
||||F||
|Cash flows from operating|activities||||
|Net cash used
in operating|activities||(121,506)|112,886|
|Cash flows from investing|activities||||
|Interest received|||13||
|Net cash provided
by investing
activities|||13||
|Cash flows from financing|activities||||
|Cash inllows
from new borrowing||||50,000|
|Net cash provided
by financing
activities||||50,000|
|Change
in cash and cash|equivalents
In|the year|(121,493)|162,887|
|Cash and cash equivalents|atthe beginning|ofthe year|263,584|100,697|
|Cash and cash equivalents|atthe end of|the year|142,091|263,584|
|The notes on pages 19to 33form perl ofthese Anancial statements|||||
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|||||||Restricted|Unrestricted|Total|
|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|funds|
|||||||2D22|2022|2022|
|Grants||||||6|6|6|
|Age LIK Lewisham
and Southwark||||||420||420|
|Albion Street Community|Charity|||||500||5DD|
|Arts Council National
Lottery Project|||Grants|||12,494||12,494|
|Arts Council Funding:
Culture Recovery Fund|||||||118,475|118,475|
|Jack Petchey Foundation||||||850||850|
|Southwark
Council Neighbourhoods|||Fund|||6,000||6,DDD|
|The Bntish Land Company|PLC|Community||Investment|Fund|10,000||10,000|
|Rotherhithe
Consolidated
BBCChildren
in Need|Charities|||||2,000
250||2,000
250|
|The ExPat Foundation||||||13,000||13,000|
|The National
Lottery Community||Fund||||36,271||36,271|
|A New Direction||||||5,000||5,00D|
|Walcott Foundation||||||3,667||3,667|
|Communication
Trust||||||13,667||13,667|
|Wakafield
& Tetley Trust||||||2,000||2,000|
|Umted StSaviour's
Charity||||||24,000||24,000|
|The City Bridge Trust||||||25,800||25,800|
|The London Borough ofSouthwark||||||1,947|44,000|45,947|
|Catalyst||||||5,000||5,000|
|The Henry Smith Charity|||||||18,000|18,000|
|Furlough|||||||2,873|2,873|
|Subtotal
detailed disclosure||||||162,866|183,348|346,214|
|Donations|||||||3,353|3,353|
|||||||211,341|138,226|349,567|
##
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||||Restncted|Unrestrfcted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
|Grants|||2021f|2021f|2021|
|A New Direction
BBCChildren
in Need|||38,250
8,770||38,250
8,770|
|British Land|||10,548||10,548|
|Catalyst|||5,000||5,000|
|Communication
Trust
Francis Winham
Foundation|||21,333
5,000||21,333
5,000|
|LBSouthwark||||68,286|68,286|
|Rotherhithe
Consolidated|Charity||3,000||3,000|
|Royal Opera House|||500||500|
|The Amicable Society's School, Rotherhithe
The Big Lottery
The Brook Trust
The City Bridge Trust
The Education
Endowment
Foundation
The Henry Smith Charity
The Jack Petchey Achievement
Awards|||1,000
75,622
12,200
15,000
750|33,800
15,000|1,000
75,622
33,800
12,200
15,000
15,000
750|
|United StSaviour's|||18,250||18,250|
|Welcotl Foundation|||11,000||11,000|
|Paul Hamlyn
Foundation|||90,000||90,000|
|Subtotal detailed disclosure|||316,223|117,086|433,309|
|Donations||||28,142|28,142|
|Government
grants||||57,422|57,422|
|Subtotal||||85,564|85,564|
||||316,223|202,650|518,873|
##
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##
|||Unreshicted|Total|
|---|---|---|---|
|||funds|funds|
|||2022|2022|
||Theatre fees|82,462|82,462|
|||Unrestricted|Tata)|
|||funds|funds|
|||2021|2021|
||Theatre fees|67,279|67,279|
|6.|Other income|||
|||Unrestricted|Total|
|||funds|funds|
|||2022|2022|
|||F||
||Rental income|21,518|21,518|
|||Unrestricted|Total|
|||funds|funds|
|||2021|2021|
||Rental income|6,212|6,212|
##
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|Staff costs|||
|---|---|---|
||2022|2021|
|||5|
|Wages and salaries|216,613|277,734|
|Social security costs|15,918|18,581|
|Other pension oosts|6,777|7,586|
||239,308|303,901|
##
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||||Theatre and||
|---|---|---|---|---|
|||Building|office||
|||Improvements|equipment|Total|
||||6|6|
||Cost orvaluation||||
||At 1 April 2021|323,750|120,384|444,134|
||At 3'I March 2022|323,750|120,384|444,134|
||Depreciation||||
||At 1 April 2021|151,364|119,951|271,315|
||Charge forthe year|20,234|433|20.667|
||At 31 March 2022|171,598|120,384|291,982|
||Net book value||||
||At 31 March 2022|152,152||152,152|
||At 31Starch 2021|172,386|433|172,819|
|12.|Debtors||||
||||2022|2021|
||||5||
||Trade debiom||56,940|9,389|
||Other debtors|||15,916|
||Prepayments
and accrued income||43,725|1,313|
||||100,665|28,618|
##
##
##
|||2022|2021|
|---|---|---|---|
|Bank loans||10,000||
|Trade creditors||24,931|10,597|
|Other taxation and social security||12,654|8,379|
|Pension fund loan payable||1232|1,451|
|Other creditors||582||
|Accruals and deferred|income|32,147|77,707|
|||81,546|98,134|
##
||||2022|2021|
|---|---|---|---|---|
||||8||
|Bank loans|||39,113|50,000|
|Included|within the above are amounts|falling due as follows:|||
||||2022|2021|
|Between|one and two years||||
|Bank loans|||10,000|10,000|
|Between|two and five years||||
|Bank loans|||29,113|40,000|
##
##
|||Balance at 1|||Balance at 31|
|---|---|---|---|---|---|
|||April 2021
f|Income
f|Expenditure
f|March 2022
f|
|Unrestricted|funds|||||
|General fund||59,111|242,219|(188,035)|113,295|
|Capital fund||435|~|(433)|2|
|||59,546|242,219|(188,468)|113,297|
|Restricted funds||||||
|Project fund||82,955|211,341|(285,496)|8,800|
|Building fund||172,386||(20,234)|152,152|
|||255,341|211,341|(305,730)|160,952|
|Total offunds||314,887|453,560|(494,198)|274,249|
##
##
|||||||Balance at|
|---|---|---|---|---|---|---|
||||Balance at|||31inarch|
||||1April 2020|income|Expenditure|2021|
|Unrestricted||funds|||||
|General fund|||46,348|276,142|(263,379)|59,111|
|Capital fund|||870||(435)|435|
||||47,218|276, 142|(263,814)|59,546|
|Restricted|funds||||||
|Project funcf||||316,223|(233,268)|82,955|
|Building fund|||192,620||(20,234)|172,386|
||||192,620|316,223|(253,502)|255,341|
|Total offunds|||239,838|592,365|(517,316)|314,887|
##
##
##
|Summar|y|offunds - current year|||||
|---|---|---|---|---|---|---|
||||Balance at 1|||Balance at 31|
||||April 2021|Income
6|Expenditure
6|March 2022
6|
|General|funds||59,546|242,219|(188,468)|113,297|
|Restricted||funds|255,341|211,341|(305,730)|160,952|
||||314,887|453,560|(494,198)|274,249|
|Summary||offunds - prior year|||||
|||||||Balance at|
||||Balance at|||31March|
||||1April 2020
5|Income
8|Expenditure
8|2021|
|General|funds||47,218|276, 142|(263,8I4)|59,546|
|Restricted||funds|192,620|318,223|(253,502)|255,341|
||||239,838|592,365|(517,316)|314,887|
##
##
##
||||||2022|2021|
|---|---|---|---|---|---|---|
|Net income/expenditure||for the year (as per|Statement|of Financial|||
|ActiVities)|||||(40,638)|75,040|
|Adjustments
for:|||||||
|Depreciation
charges|||||20,667|20,660|
|interest received
Decrease/(increase)|in|debtors|||(13)
(74,047)|(f)
7,481|
|Increase/(decrease)|in|creditors|||(31,124)|9,686|
|Net cash provided|(used in)/by operating||activities||(125,155)|f12,885|
##
##
##
##
##
|canceliable|o|perating leases as follows:|
||
|---|---|---|---|---|
||||2522|2021|
||||5||
|Not later than||1 year|25,DDD|25,000|
|Later than|1 year and not later than 5years||1DD,DDD|100,000|
|Later than|5years||5D,DDD|75,000|
||||175,DDD|200,000|
##
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