2020-11-30-accounts - Mikron Theatre Company Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			2020	2019
Notes				g
	Fixed assets
12	Tangible assets		17,399	28,640
	Current assets
	Stocks held for resale		5,000	6,332
	Debtors; prepayments	and accrued income	33,153	35,146
	Cash at bank and in hand		173,103	106,608
			211,256	148,086
13	Creditors: amounts	falling due within one year	(6,064)	(6,447)
	Net current assets		205,192	141,639
	Total assets less current liabilities		222,591	170,279
	Funds
14	Designated funds —unrestricted		94,972	78,267
15	General funds —unrestricted		119,766	81,726
16	Restricted funds		7,853	10,286
			222,591	170,279

instrument is any deducting all ofits	instrument is any deducting all ofits	contract that evidences a residu liabilities.	al interest in the assets of the	company a
Income from donations		and legacies	2020	2019
Show collections				68,267
General donations			103,323	17,561
Legacy				10,000
Individual supporters	and	sponsorship	25,447	29,032
Tax received on Gift	Aid	payments	19,253	17,644
			148,023	142,504

	was attributable to genera	l unrestrict	ed funds and f,1,061 (20	19:anil) was attributable to restr	icted funds.
3	Income from charitable	activities		2020	2019
	Fees and receipts			4,230	79,064
	Grant income:
	Arts Council England			48,680	47,800
	The Cuckoo's Nest Community		Shop	1,218	1,633
	Kirklees Council			3,501
	Theatre tax relief			10,137	14,384
				67,766	142,881

ncome I'rom investments was n both periods.	2746 (2	2746 (2	019:$795)all	ofwhich was	attributable to	general unrest	ricted fund
Expenditure on charitable	activities			Charitable	Governance	2020	2019
			Basis	Activities	Costs	Total	Total
Costs directly allocated
to activities
Actors', writers' and directors'		fees	Direct	50,043		50,043	124,547
and salaries
General production expenses			Direct	1,377		1,377	8,316
Boat expenses			Direct	7,073		7,073	8,147
Van and travel expenses			Direct	3,841		3,841	14,348
Publicity and advertising			Direct	11,825		11,825	21,670
Support costs allocated
to activiiies
Administration fees, salaries	and		Time	58,820		58,820	63,187
expenses
Rent and service charges			Floor	3,261		3,261	4,058
Printing and stationery			Usage	3,682		3,682	5,181
Postage and telephone			Usage	6,363		6,363	6,277
Computer expenses			Usage	2,192		2,192	480
Insurance			Floor	1,051		1,051	1,026
Accountancy charges			Usage		3,940	3,940	3,432
Professional fees			Usage		1,750	1,750	1,936
Depreciation			Usage	11,241		11,241	11,298
Bank charges			Transactions	1,185		1,185	477
Incidental expenses			Usage	779		779	170
				162,733	5,690	168,423	274,550

Expenditure on charitable	activities	activities	(continued)
Expenditure on charitable	activities			Charitable	Governance	2019	2018
			Basis	Activities	Costs	Total	Total
Costs directly allocated
to activities
Actors', writers' and directors'		fees	Direct	124,547		124,547	132,215
and salaries
General production expenses			Direct	8,316		8,316	9,463
Boat expenses			Direct	8,147		8,147	3,044
Van and travel expenses			Direct	14,348		14,348	16,723
Publicity and advertising			Direct	21,670		21,670	23,373
Support costs allocated
to activities
Administration fees, salaries	and		Time	63,187		63,187	54,710
expenses
Rent			Floor	4,058		4,058	4,375
Printing and stationery			Usage	5,181		5,181	6,499
Postage and telephone			Usage	6,277		6,277	5,463
Computer expenses			Usage	480		480	610
Insurance			Floor	1,026		1,026	1,481
Accountancy charges			Usage		3,432	3,432	3,354
Professional fees			Usage		1,936	1,936	800
Depreciation			Usage	11,298		11,298	10,315
Bank charges			Transactions	477		477	327
Incidental expenses			Usage	170		170	80
				269,182	5,368	274,550	272,832

Net income/(expenditure)	Net income/(expenditure)	for the year	2020	2019
This is stated	after charging:
Depreciation	oftangible	fixed assets	11,241	11,298
Independent	examiner's	remuneration	3,940	3,432

	505ofthe Taxes Act	505ofthe Taxes Act	198	8. No tax cha	rges have arise	n in the Charity.
12	Tangible fixed assets					Staging, lighting	Computer
					Narrowb oat	and sound	and office
					and van	equipment	equipment	Total
	Cost
	At 1 December	2019			53,481	13,789	16,829	84,099
	Additions
	At 30November	2020			53,481	13,789	16,829	84,099
	Depreciation
	At 1 December	2019			27,655	12,283	15,521	55,459
	Charge in the year				10,529	215	497	11,241
	At 30November	2020			38,184	12,498	16,018	66,700
	Net book value	at
	30November 2020				15,297	1,291	811	17,399
	30November 2019				25,826	1,506	1,308	28,640
							2020	2019
13	Creditors: amounts		falling due within		one year
	Accruals						4,145	3,997
	Social security	and other		taxes			1,919	2,450
							6,064	6,447
14	Designated funds - unrestricted
							2020	2019
	At 1 December	2019					78,267	76,562
	Transfer f'rom unrestricted			general funds			25,000	10,000
	Depreciation						(8,295)	(8,295)
	At 30November 2020						94,972	78,267

Restricted funds
		The
	Tyseley	Cuckoo's	Arts
	Fund	Nest	Council	Total
At 1 December 2019	3,839	2,653	3,794	10,286
Income:
Amounts received in the year	1,061	1,218		2,279
Resources expended:
General production expenses		(400)		(400)
Boat expenses	(1,061)			(1,061)
Van and travel expenses		(500)		(500)
Depreciation	(1,124)	(517)	(1,110)	(2,751)
At 30November 2020	2,715	2,454	2,684	7,853
At 1 December 2018	4,962	1,787	4,905	11,654
Income:
Amounts received in the year		1,633	47,800	49,433
Resources expended:
Actors', writers and directors'
fees and salaries			(25,142)	(25,142)
General production expenses			(1,679)	(1,679)
Van and travel expenses			(2,896)	(2,896)
Printing and publicity			(5,420)	(5,420)
Administration fees, salaries and expenses			(12,663)	(12,663)
Depreciation	(1,123)	(767)	(1,111)	(3,001)
At 30November 2019	3,839	2,653	3,794	10,286