2022-11-30-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.

CONTENTS
			Page
Company information
Chairperson's report
Directors' report			3-4
Independent Examiner's		report
Statement offinancial	activities		6-7
Balance sheet
Notes to the financial	statements		9-19

			Unrestricted
		Unrestricted	Designated	Restricted	Total	Funds
		Funds	Funds	Funds	2022	2021
Notes
	Income from:
	Donations and legacies	175,535	824		176,359	180,604
	Charitable activities	88,147		48,460	136,607	155,069
	Other trading activities	12,125			12,125	7,162
	Investments	734			734	10
	Total income	276,541	824	48,460	325,825	342,845
	Expenditure on:
6	Charitable activities	257,864	(328)	51,627	309,163	268,718
	Total expenditure	257,864	(328)	51,627	309,163	268,718
7	Net income/(expenditure)	18,677	1,152	(3,167)	16,662	74,127
	Transfers between funds	(12,220)	12,220
	Net movement in funds	6,457	13,372	(3,167)	16,662	74,127
	Reconciliation offunds
	Total funds brought forward	128,511	163,242	4,965	296,718	222,591
	Total funds carried forward	134,968	176,614	1,798	313,380	296,718

				Unrestricted
			Unresnicted	Designated	Restricted	Total	Funds
			Funds	Funds	Funds	2021	2020
Notes
	Income from:
	Donations and legacies		180,604			180,604	148,023
	Charitable activities		33,990		121,079	155,069	67,766
	Other trading activities		7,162			7,162	4,200
	Investments		10			10	746
	Total income		221,766		121,079	342,845	220,735
	Expenditure on:
6	Charitable activities		136,456	8,295	123,967	268,718	168,423
	Total expenditure		136,456	8,295	123,967	268,718	168,423
7	Net income/(expenditure)		85,310	(8,295)	(2,888)	74,127	52,312
	Transfers between	funds	(76,565)	76,565
	Net movement in funds		8,745	68,270	(2,888)	74,127	52,312
	Reconciliation offunds
	Total funds brought	forward	119,766	94,972	7,853	222,591	170,279
	Total funds carried	forward	128,511	163,242	4,965	296,718	222,591

				2022	2021
Notes
	Fixed assets
12	Tangible assets			32,416	8,459
	Current assets
	Stocks held for resale			6,000	3,000
	Debtors: prepayments and accrued income			37,152	42,772
	Cash at bank and in	hand		270,596	250,240
				313,748	296,012
13	Creditors: amounts	falling due within one year		(15,566)	(7,753)
	Net current assets			298,182	288,259
	Total assets less current		liabiTities	330,598	296,718
	Creditors: amounts	falling due over one year		(17,218)
	Total assets less current		liabiTities	313,380	296,718
	Funds
14	Designated funds —unrestricted			176,614	163,242
15	General funds —unrestricted			134,968	128,511
16	Restricted funds			1,798	4,965
				313,380	296,718


Income from donations	and legacies	2022	2021
Show collections General donations Legacies and In Memory Individual supporters and Tax received on Gift Aid	Giving sponsorship payments	83,657 24,976 824 46,253 20,649	88,469 33,862 1,065 41,841 15,367
		176,359	180,604

I
ncome from charitable	activities		2022	2021
				f
Fees and receipts Grant income:			62,779	22,920
Arts Council England			48,460	48,680
Arts Council England —Culture The Cuckoo's Nest Community		Recovery Fund Shop		71,500 899
Theatre tax relief			25,368	11,070
			136,607	155,069

Income from other uading activities was 812,125 (2 unrestricted funds.	021:g7,162) and this was all attributab	le to gene
Income from investments	2022	2021
Bank interest receivable	734	10

Income from investments was in both periods.	f734 (20	f734 (20	21:f10)all of	which was a	ttributable to g	eneral unrestr	icted funds
Expenditure on charitable	activities			Charitable	Governance	2022	2021
			Basis	Activities	Costs	Total	Total
Costs directly allocated
to activities
Actors', writers' and directors'		fees	Direct	135,162		135,162	116,747
and salaries
General production expenses Boat expenses			Direct Direct	8,590 6,498		8,590 6,498	9,618 7,152
Van and travel expenses			Direct	16,206		16,206	12,689
Publicity and advertising Access			Direct Direct	29,809 7,098		29,809 7,098	20,192 4,697
Support costs allocated
to activities
Administration fees, salaries	and		Time	77,175		77,175	62,900
expenses
Rent and service charges			Floor	3,942		3,942	3,639
Printing and stationery			Usage	5,013		5,013	3,942
Postage and telephone			Usage	6,831		6,831	5,777
Computer expenses			Usage	130		130	428
Insurance			Floor	1,181		1,181	1,085
Accountancy charges Professional fees			Usage Usage		4,650 2,115	4,650 2,115	3,210 543
(Profit) loss on disposal offixed Depreciation Bank charges		assets	Usage Usage Transactions	(11,000) 14,204 1,242		(11,000) 14,204 1,242	1,152 12,292 2,324
Incidental expenses			Usage	317		317	331
				302,398	6,765	309,163	268,718

Expenditure on charitable	(continued)	Charitable	Governance	2021	2020
	Basis	Activities	Costs	Total	Total
Costs directly allocated
to activities
Actors', writers' and directors' fees	Direct	116,747		116,747	50,043
and salaries
General production expenses	Direct	9,618		9,618	1,377
Boat expenses	Direct	7,152		7,152	7,073
Van and travel expenses	Direct	12,689		12,689	3,841
Publicity and advertising	Direct	20,192		20,192	11,825
Access	Direct	4,697		4,697
Support costs allocated
to activities
Administration fees, salaries and	Time	62,900		62,900	58,820
expenses
Rent and service charges	Floor	3,639		3,639	3,261
Printing and stationery	Usage	3,942		3,942	3,682
Postage and telephone	Usage	5,777		5,777	6,363
Computer expenses	Usage	428		428	2,192
Insurance	Floor	1,085		1,085	1,051
Accountancy charges	Usage		3,210	3,210	3,940
Professional fees	Usage		543	543	1,750
Depreciation	Usage	12,292		12,292	11,241
Loss on disposal offixed assets	Usage	1,152		1,152
Bank charges	Transactions	2,324		2,324	1,185
Incidental expenses	Usage	331		331	779
		264,965	3,753	268,718	168,423

Net income/(expenditure)	Net income/(expenditure)	for the year	2022	2021
This is stated	after charging:
Depreciation	oftangible	fixed assets	14,204	12,292
Independent	examiner's	remuneration	3,600	3,210

		2022	2021
Wages	and salaries	110,179	80,311
Social	security costs	6,026	4,615
Other	pension costs	3,305	2,667
		119,510	87,593

12	Tangible fixed assets			Staging, lighting	Computer
			Narrowboat	and sound	and office
			and van	equipment	equipment	Total
	Cost
	At 1 December 2021		53,481	17,141	16,829	87,451
	Additions		38,161			38,161
	Disposals		(28,652)			(28,652)
	At 30November 2022		62,990	17,141	16,829	96,960
	Depreciation
	At 1 December 2021		48,713	13,763	16,516	78,992
	Charge in the year		12,907	1,126	171	14,204
	Disposals		(28,652)			(28,652)
	At 30November 2022		32,968	14,889	16,687	64,544
	Net book value at
	30November 2022		30,022	2,252	142	32,416
	30November 2021		4,768	3,378	313	8,459
					2022	2021
13	Creditors: amounts	falling due within one year
	Accruals and deferred	income			3,600	3,883
	Social security and other taxes				5,301	3,870
	Hire purchase creditor				6,665
					15,566	7,753

				The James
			Designated	Sykes
			boat and	Memorial
			van fund	Fund	Total
At 1December 2021			101,677	61,565	163,242
Donations and legacies				824	824
Transfer from unrestricted general funds Transfer to unrestricted general funds Depreciation Profit on disposal ofvan			(10,672) 11,000	15,000 (2,780)	15,000 (2,780) (10,672) 11,000
At 30November 2022			102,005	74,609	176,614
At 1December 2020 Transfer from unrestricted	general	funds	94,972 15,000	61,565	94,972 76,565
Depreciation			(8,295)		(8,295)
At 30November 2021			101,677	61,565	163,242

					2022	2021
15	General funds	—unrestricted				g
	At 1 December	2021			128,511	119,766
	(Deficit) Surplus for the Transfer to unrestricted		year designated	funds	18,677 (12,220)	85,310 (76,565)
	At 30November	2022			134,968	128,511

Restricted funds
		The
	Tyseley	Cuckoo' s	Arts
	Fund	Nest	Council	Total
At 1 December 2021	1,592	1,800	1,573	4,965
Income:
Amounts received in the year			48,460	48,460
Resources expended:
Actors', writers and directors'
Fees and salaries General production expenses Boat expenses Van and travel expenses Publicity and advertising Administration fees, salaries and expenses Rent Telephone and IT Insurance Access Depreciation Incidental expenses	(1,123)	(400) (533)	(21,983) (1,397) (1,057) (2,636) (4,848) (12,552) (641) (1,947) (192) (1,154) (1,111) (53)	(21,983) (1,397) (1,057) (2,636) (4,848) (12,552) (641) (2,347) (192) (1,154) (2,767) (53)
At 30November 2022	469	867	462	1,798
At 1 December 2020	2,715	2,454	2,684	7,853
Income:
Amounts received in the year		899	120,180	121,079
Resources expended:
Actors', writers and directors'
Fees and salaries General production expenses Boat expenses Van and travel expenses Publicity and advertising Administration fees, salaries and expenses Rent Telephone and IT Insurance Access Depreciation Incidental expenses	(1,123)	(718) (835)	(53,251) (1,947) (3,262) (5,530) (6,639) (40,891) (3,536) (787) (996) (3,217) (1,111) (124)	(53,251) (1,947) (3,262) (5,530) (6,639) (40,891) (4,254) (787) (996) (3,217) (3,069) (124)
At 30November 2021	1,592	1,800	1,573	4,965

Analysis ofnet assets between funds
		2022
	Unrestricted	Restricted
	funds	Funds	Total funds
Tangible fixed assets	30,618	1,798	32,416
Current assets	313,748		313,748
Current liabilities	(15,566)		(15,566)
Long term liabilities	(17,218)		(17,218)
	311,582	1,798	313,380
		2021
	Unrestricted	Restricted
	funds	Funds	Total funds
Tangible fixed assets	3,894	4,565	8,459
Current assets	295,612	400	296,012
Current liabilities	(7,753)		(7,753)
	291,753	4,965	296,718