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|||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<br>Norton||||
|||Oxfordshire||||
|||OX7 5NL||||
|Accountants:||Wenn Townsend||||
|||Chartered<br>Accountants||||
|||30StGiles||||
|||Oxford||||
|||OX1 3LE||||
|Bankers:||Barclays Bank Pic||||
|||Financial Services||Section||
|||P0Box11||||
|||Oxford||||
|||OX3 9YD||||
|Theatre Artistic Director:||JTerry||||
|General Manager:||J Robinson||||





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|||Chipping|Norton Theatre Lim|ited (The)<br>|||
|---|---|---|---|---|---|---|
||||Balance Sheet||||
||||at 31st March 2023||||
|||Note||2023<br>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<br>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<br>by:-|||||||
|Capital funds|||||||
|Unrestricted<br>funds||17||87,501||182,205|
|Designated<br>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<br>activities||||20|(47,430)|(110,699)|
|Cash flows from investing|activities||||||
|Interest income|||||286||
|Cash provided<br>by investing|activities||||286||
|Increase/(decrease)<br>in cash|and cash equivalents||||||
|in the year|||||(47,144)|(110,688)|
|Cash and cash equivalents<br>at the||beginning|ofthe year||231,432|342,120|
|Total cash and cash equivalents||at the end ofthe year|||184,288|231,432|





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|Net movement|offunds|||||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||6||
|This is stated after charging:||||||||
|Auditors'<br>remuneration||—audit ofthe|financial statements|||7,200|7,200|
|||—tax compliance||services||375|375|
|||—accountancy|services|||14,300|14,300|
|Depreciation<br>of|owned assets|||||3,000|3,000|
|Donations<br>and|legacies|||||||
|||||Unrestrictedf|Restricted<br>6|2023f|2022<br>6|
|Fundraising<br>and|donations|||73,131|35,900|109,031|72,218|
|Chipping<br>Norton|Theatre|and Friends Trust||112,000||112,000|12,000|
|Friends'<br>Committee<br>Funds||||31,195||31,195|42,149|
|Revenue<br>grants||||32,172|57,583|89,755|84,742|
|Government<br>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|





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|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|



## 

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|Income from charitable|activities|activities|activities|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|2023|2022|
||||||2|6||
|Pantomime||||367,939||367,939|284,726|
|Live programme<br>External events||||157,091<br>67,115||157,091<br>67,115|158,544<br>48,366|
|Cinema||||70,553||70,553|55,559|
|Take Part programme<br>Productions<br>and projects||||61,800<br>60,745||61,800<br>60,745|69,044<br>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<br>6|2023<br>6|2022<br>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<br>2|Restricted<br>6|2023<br>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|



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|Expenditure|on charitabl|e<br>acti|vities|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted<br>0|Restricted<br>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<br>employed<br>by the company<br>duri|ng<br>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|





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||||<br><br>for the year ended 3|1st March 2023||||
|---|---|---|---|---|---|---|---|
|13.|Tangible fixed assets|||||||
|||||Freehold||||
|||||Land and|Theatre|||
|||||Buildings<br>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<br>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<br>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<br>8|Income<br>6|Expenditure<br>6|Transfers<br>f|March 2023<br>f|
||Unrestricted||182,205|1,331,029|(1,427,918)|2,185|87,501|
||Designated|||||||
||Property<br>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<br>6|March 2022<br>f|
||Unrestricted||199,972|1,110,349|(1,128,116)||182,205|
||Designated|||||||
||Property<br>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|





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|Analysis|of net assets between<br>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|



## 

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|Reconcili|ation<br>of net|movem|ent<br>in fu|nd|s to net cash flow from|operating<br>activities||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||||||||6|
|Net movement<br>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)|