OpenCharities

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

2023-03-31-accounts

Page
Legal and Administrative Information
Report ofthe Council of Management 2-6
Report ofthe Auditors 7-9
Statement of Financial Activities 10
Balance Sheet
Statement ofCash Flows 12
Notes 13 - 21
Company Number: 1179918(England 1179918(England and Wales)
Registered Charity Number: 268154
Trustees: A Brander
RGreaves (Chair)
K Grive (known as F Grive)
C Mathsws (appointed) (known as C Gordon)
C Peaks
S Prangnell (appointed)
SSheppard (resigned)
TSumner
P Wilson
LWhordley-Hughes
Secretary: J Robinson
Registered Office: 2 Spring Street
Chipping
Norton
Oxfordshire
OX7 5NL
Accountants: Wenn Townsend
Chartered
Accountants
30StGiles
Oxford
OX1 3LE
Bankers: Barclays Bank Pic
Financial Services Section
P0Box11
Oxford
OX3 9YD
Theatre Artistic Director: JTerry
General Manager: J Robinson

DI
CC
N
O
N		 (IJ
m
0
r		 Dl
Dl
CC
~D
CD
CV		 rIA
CO
Dl
Dl		 r
(0
~D
CD
n		 Ul
CD
IA
(0
Ul
r		 CI
IA
N		 n
CD
u!
IA		 co cD
Ut
Ocr
IA
(A
Dl		 CI
IA
Dl
IA		 c!
(0		 (0
DI
IA		 (0
Itl
CO
Cl		 0
Al
0
0c0
'0
0
0
Cl
Cl		 IOW
Dc		 CI
Ut		 I CI I o N
n		 I
n
Dl		 IA
(0
crl
DlN		 N Ol
Al
CO		 (C
m00
0
(4
Cl
CCc
'0 CIW
4I '0c
c
IC
cia
IO
Cl
C!		 CI
Cl
CD
CO		 CI
Cl
Cl
CO		 E00c
0000
D
Cl
0
IO		 UIW
'0c		 (0
CD
n
n		 n
CO
(0
I		 In
L-
IA		 N
o
IA		 (0
T
CON		 IA
N
N
CO		 Cl
Cl
Clc Cl0c
(4c
Cl
D
4I
E
Cl
I
IC
Cl
r-c0
0Z
clcaa
O		 c
Dn
m EN
,Cl mO
CC
') Ec0
0-
m
cr, '0 p
0 elm
0. IC
mn
c D '0
—c 0
a O'0
v- 0 c
0
Cl
Ei
0 0
IC
Cl 0
Cl
E c
Cl
Cl
~ Drc
0 (
(A D0 U-0
0c		 W
N w
IC
O 0
cc
r
'0 CIW
Cl '0c
K
'0 OW
0Dc
c
l4
0( LL
Cl
Cl
Ci
Cl W
D		 ~O
n
(O
CD
Dl
n		 n
IA
I
IA
I
n
LA		 cD
N
(0
(0
N		 'lt Ol
oo
«CD
IA (0
N Dl
LA
CD
CO
(U O
N
CQ		 N
LAt
Dl
Cl		 O
I
Dl
C
(A
(0		 0
LA
Dl
Ut
N
N
Dl		 C!
CD
N
CI
(A
N
O
n
tD
CI
Dl		 Dl
(D		 (00(
CO
Cl
CIoo
CC
CD
LA
ClN		 Ol
r
CI
Cl
N
CI
CO
IA		 0
0
A(4
Cl
0
IO
Cl
CCc
'0
ICc0
a0
Cl'0
Clcc
IL I
N		 I
LA		 N
n
Ut		 CO
co
CD		 IAN CD CO 8
ID		 m
0
4I0Z mDc«
Al
Ul004!
CU
IO
'0c
IC
IC
c 0
—E
-"0
(4 0c
0 c
0 0
.0 E
(C
'0 0c
0—
m
m
E"0o
0c		 (40)
0
LC
Cl
IC
L
(4
0
0
«L
Cl
E
8		 Cl
E0
0C
0
r-		 P
D
Cla
l(
IU		 CO
CO O
Ul
Cl
,)
0
(4
Cl?!
(C
LC
(I
0
E
'5
Cl0.
UJ
IU
IC D
E c
0«
Dc
Alc
(«w
IC P
c
g
Ul
Cl
CC—
c)
IE
'
,c E m0
Ul 0 0
Ul
Ul
0 tc
0 0
BOO
IC0O		 Cl
I
Dc
Cl0.
X0
CI
0		 m
I
UCl
m
IC
I
0
CI
Cl
c
Ul
c
U
U0
c
Cl
E
Z		 Cl
ICc
Cl
IC0c
LL		 NNo
N
a
IC
U
IC
D
IC
0
cl
0
CC
Cl'0c
IC
0		 N
CI
Ol
0
I
IC
IO
LC'0
IC
«
D0T
I
IC0
m
U
CI
0I-		 0C
Ul
IC C
C 0
0 '
(4
Ih0 a
(r 0
0 D
(40c c
Cl c
m 0
E E
c 0
(4 .—
0.
E 0
00 0
(4 'L
C!D
IC 00
0
Cl 0
c m0		 E
Cl
Ym
Ul
(4
c
ICc
0
(C0
0
IC0.
E
IU
Cl0
D0I(
Clc
tC
Cl
Chipping Norton Theatre Lim ited (The)
Balance Sheet
at 31st March 2023
Note 2023
8		 2022f
Tangible fixed assets
Tangible assets 13 881,489 884,489
Current assets
Stocks 14 2,366 4,989
Debtors 15 179,915 161,955
Bank accounts 183,857 231,140
Cash accounts 431 292
366,569 398,376
Current
liabilities
Creditors: Amounts falling due
within one year 16 (207,261) (201,669)
Net current assets I(liabilities) 159,308 196,707
Net assets 1,040,797 1,081,196
Represented
by:-
Capital funds
Unrestricted
funds		 17 87,501 182,205
Designated
funds		 17 880,000 880,000
Restricted funds 17 73,296 18,991
Total funds 1,040,797 1,081,196

Note 2023 2022
6
Cash used in operating
activities		 20 (47,430) (110,699)
Cash flows from investing activities
Interest income 286
Cash provided
by investing		 activities 286
Increase/(decrease)
in cash		 and cash equivalents
in the year (47,144) (110,688)
Cash and cash equivalents
at the		 beginning ofthe year 231,432 342,120
Total cash and cash equivalents at the end ofthe year 184,288 231,432

Net movement offunds
2023 2022
6
This is stated after charging:
Auditors'
remuneration		 —audit ofthe financial statements 7,200 7,200
—tax compliance services 375 375
—accountancy services 14,300 14,300
Depreciation
of		 owned assets 3,000 3,000
Donations
and		 legacies
Unrestrictedf Restricted
6		 2023f 2022
6
Fundraising
and		 donations 73,131 35,900 109,031 72,218
Chipping
Norton		 Theatre and Friends Trust 112,000 112,000 12,000
Friends'
Committee
Funds		 31,195 31,195 42,149
Revenue
grants		 32,172 57,583 89,755 84,742
Government
grants
-JRS income (furlough) 34,540
- Small business grants 16,750
-WODC annual support funding 25,900 25,900 25,900
-Arts Council England - CRF
274,398 93,483 367,881 288,299

Activities for raising funds
Unrestricted Restricted 2023 2022
6 8 6 6
Sponsorship 19,563 19,563 19,832
Front of house trading 112,568 112,568 68,756
Lettings 24,656 24,656 9,518
External services provision 750 750 1,751
157,537 157,537 99,857

Income from charitable activities activities activities
Unrestricted Restricted 2023 2022
2 6
Pantomime 367,939 367,939 284,726
Live programme
External events		 157,091
67,115		 157,091
67,115		 158,544
48,366
Cinema 70,553 70,553 55,559
Take Part programme
Productions
and projects		 61,800
60,745		 61,800
60,745		 69,044
28,110
Booking fee and other income 31,511 31,511 20,472
Theatre tax relief 82,054 82,054 71,762
898,808 898,808 736,583
Costs of raising voluntary income
Unrestricted Restricted
6		 2023
6		 2022
f
Fundraising staff 39,448 39,448 33,890
other costs 4,403 4,403 13,114
Support costs (see note 12) 5,684 166 5,850 4,679
49,535 166 49,701 51,683
Costs ofactivities for raising funds
Unrestricted
2		 Restricted
6		 2023
6		 2022f
Front ofhouse staff 49,438 49,438 68,075
other costs 49,710 49,710 29,238
Lettings 8,253 8,253 4,600
Support costs 17,052 497 17,549 14,036
124,453 497 124,950 115,949

Expenditure on charitabl e
acti		 vities
Unrestricted
0		 Restricted
K		 2023f 2022
Pantomime 225,320 225,320 167,935
Live programme 112,417 112,417 113,884
External and collaborative events 63,410 63,410 27,848
Productions and projects 91,392 91,392 31,926
Take Part staff 24,701 24,701 30,554
other 43,094 20,424 63,518 40,926
Cinema 33,762 33,762 34,993
Boxoffice staff 77,487 77,487 59,700
other 36,653 36,653 34,795
Support costs 545,694 15,906 561,600 449,157
1,253,930 36,330 1,290,260 991,718

The averag e n umber of persons
employed
by the company
duri		 ng
the year was as follows:
2023 2022
Production 3 3
Administration and management 32 31
35 34
The aggregate payroll costs were as follows:
2023 2022
0
Wages and salaries 441,365 363,811
Social security 24,917 21,368
Employers Pension 7,014 6,570
473,296 391,749



for the year ended 3		 1st March 2023
13. Tangible fixed assets
Freehold
Land and Theatre
Buildings
f		 Equipment f Total
Cost:
At 1st April 2022 880,000 294,897 1,174,897
At 31st March 2023 880,000 294,897 1,174,897
Depreciation:
At 1st April 2022 290,408 290,408
Charge for the year 3,000 3,000
At 31st March 2023 293,408 293,408
Net book value:
At 31st March 2023 880,000 1,489 881,489
At 31st March 2022 880,000 4,489 884,489
14. Stocks
2023f 2022
Goods for resale 2,366 4,989
15. Debtors and prepayments
2023f 2022
Amounts
falling due within one year:
Trade debtors 8,188 45,228
Prepayments and accrued income 21,011 40,627
Theatre tax relief recoverable 150,716 76,100
179,915 161,955
16. Creditors
2023 2022
Amounts
falling due within one year:
Trade creditors 21,021 37,044
Accruals and deferred income 128,029 92,610
VAT creditor (3,645) 5,705
Other creditors 61,856 66,310
207,261 201,669

17. Reserves
Balance at Balance at 31st
2023 1stApril 2022
8		 Income
6		 Expenditure
6		 Transfers
f		 March 2023
f
Unrestricted 182,205 1,331,029 (1,427,918) 2,185 87,501
Designated
Property
Fund		 880,000 880,000
Restricted
Audio Description 500 (500)
Foundation Stones 900 900
Improving Access 500 (500)
Wet Room 15,401 15,401
Yarrow 1,690 (1,690)
Bursaries 35,900 (1,508) (2,185) 32,207
Take Part Projects 57,583 (32,795) 24,788
Total Restricted 18,991 93,483 (36,993) 73,296
1,081,196 1,424,512 (1,464,911) 1,040,797
Balance at Balance at 31st
2022 1st April 2021f Incomef Expenditure Transfers
6		 March 2022
f
Unrestricted 199,972 1,110,349 (1,128,116) 182,205
Designated
Property
Fund		 880,000 880,000
Restricted
Audio Description 500 500
Foundation Stones 900 900
Improving Access 500 500
Stage Floor 500 (500)
Theatre's Trust 1,424 (1,424)
Wet Room 1,000 14,401 15,401
Access 5,000 (5,000)
Yarrow 26,000 (24,310) 1,690
Total Restricted 915,824 14,401 (31,234) 898,991
1,115,796 826,233 (1,159,350) 1,081,196

Analysis of net assets between
fu		 nds
Unrestricted Restricted Designated Total
funds funds funds funds
2023 6 6 6
Tangible fixed assets 1,489 880,000 881,489
Current assets 293,273 73,296 366,569
Current liabilities (207,261) (207,261)
Net assets at 31st March 2023 87,501 73,296 880,000 1,040,797
Unrestricted Restricted Designated Total
funds funds funds funds
2022 6 6 6 6
Tangible fixed assets 4,489 880,000 884,489
Current assets 379,385 18,991 398,376
Current liabilities (201,669) (201,669)
Net assets at 31st March 2022 182,205 18,991 880,000 1,081,196

Reconcili ation
of net		 movem ent
in fu		 nd s to net cash flow from operating
activities
2023 2022
6
Net movement
in funds		 (40,399) (34,600)
Add back depreciation charge including loss on disposal 3,000 3,000
Deduct interest income shown in investing activities (286) (11)
Decrease / (increase) in stock (2,375)
Decrease / (increase) in debtors (17,960) (16,479)
Decrease / (increase) in creditors 5,592 (60,234)
Net cash used in operating activities (47,430) (110,699)