#
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|---|---|---|---|
|Reference and Administrative
details||||
|Report ofthe|Trustees||2 to 8|
|Report ofthe|Independent|Auditors|9to 11|
|Consolidated|Statement|of Financial Activities|12|
|Consolidated|Balance Sheet||13|
|Charity Balance Sheet|||14|
|Consolidated|Cash Flow|Statement|15|
|Notes to the|Financial Statements||16to 31|
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|||||Unrestricted|Unrestricted||||
|---|---|---|---|---|---|---|---|---|
|||||funds-|funds-|Restricted|2021|2020|
|||||General|Designated|funds|Total funds|Total funds|
|||||6|||E||
|||Notes|||||||
|INCOME|||||||||
|Donations
and legacies||||38,728|||38,728|43,511|
|Charitable
activities|||||||||
|Operation
oftheatre||||32,916|||32,916|834,786|
|Grants received||||1,394,548||229,097|1,623,645|1,114,767|
|Other trading
activities|||3|14,630|||14,630|168,032|
|Total income||||1,480,822||229,097|1,709,919|2,161,096|
|EXPENDITURE|||||||||
|Raising funds||||10,541|||10,541|57,753|
|Charitable
activities|||||||||
|Operation
oftheatre||||1,127,376|19,357|358,612|1,505,345|2,314,689|
|Other trading
activities||||||||11,672|
|Total expenditure||||1,137,917|19,357|358,612|1,515,886|2,384,114|
|Net income/(expenditure)||||342,905|(19,357)|(129,515)|194,033|(223,018)|
|Transfers
between|||||||||
|funds||||~131,000)|131,000||||
|Net movement
in|||||||||
|funds||||211,905|111,643|(129,515)|194,033|(223,018)|
|RECONCILIATION|OF||||||||
|FUNDS|||||||||
|Total funds
brought|||||||||
|forward||||486,015|375,215|13,615,088|14,476,318|14,699,336|
|TOTAL FUNDS|||||||||
|CARRIED FORWARD||||697,920|486,858|13,485,573|14,670,351|14,476,318|
##
##
##
|Consolidated
Balance Sheet
At 31st March 2021|||||||
|---|---|---|---|---|---|---|
|||||Group|||
|||||2021||2020|
|||Unrestricted|Restricted|Total||Total|
||Notes|funds
f|funds
f|funds
f||funds|
|FIXEDASSETS|||||||
|Tangible assets|11|235112|13,402,338|13,637,450||13,768,791|
|CURRENT ASSETS|||||||
|Debtors|13|118,512|22,910|141,422||250,622|
|Cash at bank and in hand||1,217,126|230,002|1,447,128||867,982|
|||1,335,638|252,912|1,588,550||1,136,604|
|CREDITORS|||||||
|Amounts
falling due within one year|14|(305,498)|(169„677)|(475,175)||(361,099)|
|NET CURRENT ASSET'S||1030140|83,335|111337,5|,|777,505|
|TOTAL ASSETS LESSCURRENT|||||||
|LIABILITIES||1,265,252|13,485,573|14,750,825||14,566,296|
|CREDITORS|||||||
|Amounts
falling due after more than one|15||||||
|year||(80,474)||(80,474)||(89,978)|
|NET ASSETS||1,184,778|13,485,573|14,6?0,351||14,476,318|
|FUNDS|18||||||
|Unrestricted
general funds||||697,920||486,015|
|Designated
funds||||486,858||375,215|
|Unrestricted
funds||||1,184,778||861,230|
|Restricted funds||||13,485,573||13,615,088|
|TOTAL FUNDS||||14070,351||14,4711,310|
##
##
|Charity Balance Sh
At 31stMarch 2021|eet||||||
|---|---|---|---|---|---|---|
||||||Charity||
||||||2021|2020|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|6||6|8|
|FIXEDASSETS|||||||
|Tangible assets||11|207,601|15,742|223,343|248,842|
|investments||12|210||210|210|
||||207,811|~15 742|223,553|249,052|
|CURRENT ASSETS|||||||
|Debtors||13|136,622|22,910|159,532|260,331|
|Cash at bank and in|hand||1,029,540|230,001|1,259,541|668,083|
||||1,166,162|252,911|1,419,073|928,414|
|CREDITORS|||||||
|Amounts
falling due within one year||14|(306,090)|(169,677)|(475,767)|(362,813)|
|NET CURRENT ASSETS|||860,0?2|83,234|~943306|565,601|
|TOTAL ASSETS LESSCURRENT|||||||
|LIABILITIES|||1,067,883|98,976|1,166,859|814,653|
|CREDITORS|||||||
|Amounts
falling due after more than one||15|||||
|year|||||||
|NET ASSETS|||1,067,883|98,976|1,166,859|814,653|
|FUNDS||18|||||
|Unrestricted
general|funds||||581,025|333,584|
|Designated
funds|||||486 858|375,215|
|Unrestricted
funds|||||1,067,883|708,799|
|Restricted funds|||||98916|155,854|
|TOTAL FUNDS|||||1,166,859|814,653|
##
##
||||Notes|2021
f|2020|
|---|---|---|---|---|---|
|Cash flows from operating
Cash generated
from/(used|activities:
in) operations||23|568,533|~714,465)|
|Net cash provided/(consumed)
by operating
activities||||568,533|~7)4465)|
|Cash flows from investing
activities:
Purchase oftangible
fixed assets|||||~30,600)|
|Net cash used in investing|activities||||~30,600)|
|Cash flows from financing
Loan repayments
in year|activities:|||~9,387)|~9,27) )|
|Net cash used in financing|activities|||~9,387)|~9,277)|
|Change
in cash and cash|equivalents|in the||||
|reporting
period||||559,146|(154,336)|
|Cash and cash equivalents|at the beginning|||||
|ofthe reporting
period||||887,982|1,042,318|
|Cash and cash equivalents|at the end|ofthe||||
|reporting
period||||1,447,128|887,982|
##
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##
|4.|INCOME FROM|CH|A|RIT|ABLE|ACTIVI|TIES|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2021|2020|
||||||||Operation|of|Grants|Total|Total|
||||||||theatre||received|activities|activities|
||||||||||5|6|E|
||Admission
fees -|Own||productions|||(4,134)|||(4,134)|403,674|
||Admission
fees -|Incoming|||productions||||||334,376|
||Co-production
income||||||||||51,380|
||Christmas
production|||funding|||32,000|||32,000||
||Creative learning|programme|||||5,050|||5,050|45,175|
||Artist development||programme||||||||181|
||Grants (see analysis|||below)|||||1,623,645|1,623,645|1,114,767|
||||||||32,916||1,623,645|1,656,561|1,949,553|
||Grants received,|included|||in the|above,|are as follows:|||||
|||||||||||2021|2020|
||||||||||||f|
||Hull City Council|||||||||258,780|278,780|
||Arts Council England|||—National||porffolio funding||||805,229|790,680|
||Arts Council
England|||—Catalyst|||||||22,233|
||HMRC Job Retention|||Scheme||||||305,254|4,497|
||Hull City Council|—Local Restrictions||||||||25,285||
||Arts Council
England|||—Culture||Recovery Fund||||229,097||
||The British Council||||||||||10,700|
||The Space Funding||Agreement||||||||7,877|
|||||||||||1,623,645|1,114,767|
|5.|EXPENDITURE|||||||||||
|||||||||||Support||
||||||||||Direct costs|costs|Totals|
|||||||||||(See note 6)||
||||||||||5|E|F|
||Raising funds||||||||741|9,800|10,541|
||Charitable
Activities|||Costs:||||||||
||Operation
oftheatre||||||||569,243|936,102|1,505,345|
||||||||||569,984|945,902|1,515,886|
||Comparative
figures||||||||1,183,229|1,200,885|2,384,114|
|6.|SUPPORT COSTS|||||||||||
|||||||||||2021|2020|
|||||||||||Raising|Raising|
|||||||||||funds|funds|
||||||||||||E|
||Development
salaries|||||||||9,800|53,068|
##
##
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
||||||Operation
of|Operation
of|
||||||theatre|theatre|
||||||6|E|
|Administration|and operations|||salaries|582,708|655,020|
|Administration|||||84,472|117,641|
|Communications
and Box Office|||||68,148|165,757|
|Buildings
and|premises||||147,017|171,228|
|Depreciation,|impairment|and loss on disposal|||151,341|161,329|
|VAT recoverable|||||(114,667)|(66,563)|
|Theatre tax relief|||||(13,395)|(85,383)|
|Governance|costs||||30,478|27,552|
||||||936,102|1,146,581|
||||||2021|2020|
||||||Other|Other|
||||||trading|trading|
||||||activities
6|activities
f|
|Events and catering staff costs||||||1,236|
|Governance|costs, included||in|support costs, are as follows:|||
||||||2021|2020|
||||||Operation
of|Operation
of|
|Governance|costs||||theatre|theatre|
|||||||F|
|Trustees' expenses|||||21|761|
|Auditors'
remuneration|||||16,200|13,600|
|Legal and professional fees|||||14,257|13,191|
||||||30,478|27,552|
|NET INCOME/(EXPENDITURE)|||||||
|Net income/(expenditure)||is|stated after charging:||||
||||||2021|2020|
|Operating
leases - equipment|||||13,110|14,913|
|Operating
leases - building|||||15,000|15,000|
|Auditors'
remuneration|||||16,200|13,600|
|Depreciation,|impairment|and loss on disposal|||151,341|161,329|
##
##
##
##
|STAFF COSTS||||||
|---|---|---|---|---|---|
|||||2021
f|2020
f|
|Wages and salaries||||704,231|869,012|
|Social security costs||||53,017|68,272|
|Other pension costs||||14,007|16,984|
|||||771,255|954,268|
|The average
monthly|number of employees||during the year was as follows:|||
|||||2021|2020|
|Average
number||||53|57|
|No employee
received|emoluments|of more|than f60,000 in the year (2020|—f60,000).||
##
|||Unrestricted|Unrestricted|||
|---|---|---|---|---|---|
|||funds-|funds-|Restricted|Total|
|||General
f|Designated
f|funds
f|funds
f|
|INCOME||||||
|Donations
and legacies||43,511|||43,511|
|Charitable
activities||||||
|Operation
of theatre||834,786|||834,786|
|Grants received||1,073,957||40,810|1,114,767|
|Other trading
activities||168,032|||168,032|
|Total income||2,120,286||40,810|2,161,096|
|EXPENDITURE||||||
|Raising funds||57,753|||57,753|
|Charitable
activities||||||
|Operation
of theatre||2,051,723|103,590|159,376|2,314,689|
|Other trading
activities||11,672|||11,672|
|Total expenditure||2,121,148|103,590|159,376|2,384,114|
|Net expenditure||(862)|(103,590)|(118,566)|(223,018)|
|Transfers
between|funds|44,555|~36,939)|~3,569)||
|Net movement
in funds||43,646|(140,529)|(126,135)|(223,018)|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought|forward|442,369|515,744|13,741,223|14,699,336|
|TOTAL FUNDS CARRIED||||||
|FORWARD||486,015|375,215|13,615,088|14,476,318|
##
##
|TANGIBLE FIXEDASSE|TS|||||
|---|---|---|---|---|---|
|||||Fixtures,||
||Long|Freehold|Improve-|fittings||
||leasehold|land and|ments to|and||
|GROUP|property
F|buildings
f|property
F|equipment
6|Total
6|
|COST||||||
|At 1st April 2020|14,814,006|311,174|28,074|1,294,414|16,447,668|
|Additions||||||
|At 31st March 2021|14,814,006|311,174|28,074|1,294,414|16,447,668|
|DEPRECIATION||||||
|At 1st April 2020|1,304,773|121,864|7,553|1,224,687|2,658,877|
|Charge for year|122,637|5,345|2,002|21,357|151,341|
|At 31st March 2021|1,427,410|127,209|9,555|1,246,044|2,810,218|
|NET BOOK VALUE||||||
|At 31st March 2021|13,386,596|183,965|18,519|48,370|13,637,450|
|At 31st March 2020|13,509,233|189,310|20,521|69,727|13,788,791|
|||||Fixtures,||
|||Freehold|Improve-|fittings||
|CHARITY||land and|ments to|and||
|||buildings
f|property
E|equipment
E|Total
E|
|COST||||||
|At 1st April 2020||311,174|10„082|751,005|1,072,261|
|Additions||||||
|At 31st March 2021||311,174|10,082|751,005|1,072,261|
|DEPRECIATION||||||
|At 1st April 2020||121,864|2,006|699,549|823,419|
|Charge for year||5,345|202|19,952|25,499|
|At 31st March 2021||127,209|2,208|719,501|848,918|
|NET BOOK VALUE||||||
|At 31st March 2021||183,965|7,874|31,504|223,343|
|At 31st March 2020||189,310|8,076|51,456|248,842|
##
|FIXEDASSET INVESTMENTS||
|---|---|
||Shares in|
||group|
|CHARITY|undertakingsf|
|MARKET VALUE||
|At 1st April 2020 and 31st March 2021|210|
|NET BOOK VALUE||
|At 31st March 2021|210|
|At 31st March 2020|210|
||||0/|
|---|---|---|---|
|Class ofshare:|||holding|
|Ordinary|||100|
|Hull Truck Events|and Catering|Limited||
|Registered
office: Same as can be found on page|||1 ofthese financial statements|
|Nature ofbusiness:|Events and catering activities|||
||0/|
|---|---|
|Class ofshare:|holding|
|Ordinary|100|
##
##
##
||||||||Group||Charity|
|---|---|---|---|---|---|---|---|---|---|
|||||||2021|2020
f|2021
f|2020
f|
||Trade debtors|||||7,660|12,158|7,660|8,369|
||Amounts
owed by|group undertakings||||||34,209|119,071|
||Other debtors|||||62,245|131,160|46,146|25,587|
||Prepayments
and|accrued|income|||71,517|107,304|71,517|107,304|
|||||||141,422|250,622|159,532|260,331|
|14.|CREDITORS: AMOUNTS||FALLING DUE|||WITHIN ONE|YEAR|||
||||||||Group||Charity|
|||||||2021
f|2020
f|2021
f|2020
f|
||Loans (see note 16)|||||9,505|9,388|||
||Trade creditors|||||139,381|72,718|139,357|72,718|
||Amounts
owed to|group undertakings||||||16,057|18,118|
||Social security and other taxes|||||11,932|16,649|11,806|14,495|
||Other creditors|||||6,669|41,436|3,260|41,436|
||Accruals and deferred
income (see||||below)|307,688|220,908|305„287|216,046|
|||||||475,175|361,099|475,767|362,813|
||||||||Group||Charity|
||Deferred Income|||||2021|2020
f.|2021
f|2020|
||Deferred
income at 1st April 2020|||||123,368|133,250|123,368|133,250|
||Resources deferred
in the year
Amounts
released
from previous|||year||182,639
~24,136)|123,368
~133,250)|182,639
123,368
~24,335)~)33,250)||
||Deferred income at 31st March|||2021||281,871|123,368|281,871|123,368|
||Deferred
income comprises||the|following:||||||
|||||||||2021
f|2020
f|
||Creative learning|and other|income||in advance|||12,961|8,415|
||Boxoffice receipts|in advance||||||99,233|114,953|
||Performance
related grants|||||||169,677||
|||||||||281,871|123,368|
##
##
||||Group||Charity|
|---|---|---|---|---|---|
|||2021|2020|2021|2020|
|||8|5|E|8|
||Loans (see note 16)|80,474|89,978|||
|16.|LOANS|||||
||||Group||Charity|
||Borrowings|2021|2020|2021|2020|
||Due within one year|E|f|||
||Hull City Council Loan|9,505|9,388|||
||Due over one year|||||
||Hull City Council Loan:|||||
||Within 1-2years|9,625|9,505|||
||Within 2-5 years|29,607|29,239|||
||After 5years|41,242|51,234|||
|||80,474|89,978|||
##
|Minimum
lease payments
under non|-cancellable
operatin|g
leases fall due|as follows:||
|---|---|---|---|---|
|||Group||Charity|
||2021
f|2020
8|2021
6|2020
E|
|Within one year|26,335|38,702|116,335|128,702|
|Between one and five years|86,068|88,037|446,068|448,037|
|In more than 5years|130,957|153,097|1,315,957|1,428,097|
||243,360|279,836|1,878,360|2,004,836|
##
##
|MOVEMENT
IN FU|ND|S||||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|Between||
|||||At 1.4.20|in funds|funds|At 31.3.21|
||||||||6|
|Unrestricted
funds||||||||
|General fund|||(a)|486,015|342,905|~131,000|697,920|
|Designated
funds:||||||||
|Repairs and renewals||||68,350|(12,497)||55,853|
|Production
costs||||46,515|||46,515|
|Staffing costs||||37,635|(1,880)||35,755|
|City of Culture||||7,509|||7,509|
|Foyer improvement||||10,316|||10,316|
|Inclusion
projects||||6,415|||6,415|
|Capital projects||||23,247|||23,247|
|Digital innovation||||29,478|||29,478|
|Resilience reserve||||143,750|(4,980)||138,770|
|Production
equipment||||2,000|||2,000|
|Green Room||||||8,000|8,000|
|Setting the Stage||||||7,000|7,000|
|Planning
Consultants||||||10,000|10,000|
|PR Agency||||||16,000|16,000|
|Artistic Projects||||||50,000|50,000|
|Reopening||||||40,000|40,000|
|Total designated
funds|||(07|375,215|~11,387|131,000|480,058|
|Total unrestricted|funds|||861,230|323,548||1,184,778|
|Restricted funds||||||||
|British Council RSD|||(c)|10,003|||10,003|
|ACE Catalyst|||(d)|95,851|(6,878)||88,973|
|ACE Culture
Recovery||Fund|(e)|||||
|||||105,854|(6,878)||98,976|
|Hull Truck Enterprises||Limited||||||
|Ferensway
Theatre|Development||(f)|13,509,234|(122,637)||13,386,597|
|Total restricted funds||||13,615,088|~129,515||13,485,573|
|TOTAL FUNDS||||14,476,318|194,033||14,670,351|
##
##
##
|Net movement
in fu|nds,|included
in the ab|ove are as follo|ws:|||
|---|---|---|---|---|---|---|
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
||||||8|E|
|Unrestricted
funds|||||||
|General fund||||1,480,822|~7,137,977)|342,905|
|Designated
funds:|||||||
|Repairs and renewals|||||(12,497)|(12,497)|
|Production
costs|||||||
|Staffing Costs|||||(1,880)|(1,880)|
|City of culture|||||||
|Foyer improvement|||||||
|Inclusion
projects|||||||
|Capital projects|||||||
|Digital innovation|||||||
|Resilience reserve|||||(4,980)|(4,980)|
|Production
equipment|||||||
|Green Room|||||||
|Setting the Stage|||||||
|Planning
Consultants|||||||
|PR Agency|||||||
|Artistic Projects|||||||
|Reopening|||||||
|Total designated
funds|||(b)||~79,357)|~79,357)|
|Total unrestricted|funds|||1,400,822|~7,757,274)|323,548|
|Restricted funds|||||||
|British Council
R&D|||(c)||||
|ACE Catalyst
ACE Culture Recovery||Fund|(d)|229,097|(6,878)
~229,097)|(6,878)|
|||||229,097|(235,975)|(6,878)|
|Hull Truck Enterprises||Limited|||||
|Ferensway
Theatre|Development||||~722,637)|~122,637)|
|Total restricted funds||||229097|~350,672)|~129,5)5)|
|TOTAL FUNDS||||1,709,919|~1,575,000)|194,033|
##
##
##
##
##
##
##
##
|RELATED PARTY|DISCLOS|DISCLOS|URES|||
|---|---|---|---|---|---|
|Key management|personnel||ofthe entity|Group and Charity||
|||||2021|2020|
|||||6|f|
|Remuneration
and|benefits|||276,597|325,891|
|Number of employees||||||
|The charity paid E1,955(2020|||fnil) to a trustee for acting services|during the year. This payment
was||
|made as part ofthe|theatre's|core business objectives.||||
|Entities over which|the entity||has control|2021
6|2020
f|
|Rent paid to||||90,000|90,000|
|Gift aid from||||118,285|93,977|
|Production
costs recharged||to||88,498|865,991|
|Commissioning
fees paid to||||75,103|763,698|
|Balances owed from||||34,209|119,071|
|Balances owed to||||16,057|18,118|
##
##
||||||Total|Total|
|---|---|---|---|---|---|---|
||||||2021
f|2020
6|
|Turnover|||||90,000|90,000|
|Administrative||expenses|||~)28,329|~)27,963)|
|Gross loss|||||(38,329)|(37,953)|
|Other operating
Interest payable|||income
and similar expenses||124,020
~436|123,977
~204)|
|Net profit|||||85,255|85,820|
|The aggregate|||ofthe assets, liabilities|and funds was:|||
|Assets|||||13,598,490|13,720,750|
|Liabilities|||||(7~3,478,979|(13,610,603)|
|Aggregate|called up share capital and|||reserves|119,511|110,147|
##
##
##
|||Total|Total|
|---|---|---|---|
|||2021|2020|
|||6|6|
|Turnover|||56,342|
|Cost ofsales|||~11,672)|
|Gross (loss)/profit|||44,670|
|Administrative|expenses|2,506|~2,276)|
|Net (loss)/profit||~2,506)|42,394|
|The aggregate|ofthe assets, liabilities and funds was:|||
|Assets||21,963|64,283|
|Liabilities||~24,369|~21,789)|
|Aggregate
called up share capital and reserves||~2,406)|42,494|
##
|||||Total|Total|
|---|---|---|---|---|---|
|||||2021|2020|
|||||6|6|
|Turnover||||75,103|763,698|
|Cost ofsales||||~88,498|~865,991)|
|Gross loss||||(13,395)|(102,293)|
|Tax on loss||||13,395|102,293|
|Net profit||||||
|The aggregate||ofthe assets, liabilities|and funds was:|||
|Assets||||13,395|102,295|
|Liabilities||||~13,395|~102,295)|
|Aggregate|called up share capital and||reserves|||
##
##
##
##
##
||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||E|E|
|Net income/(expenditure)||||for the reporting||period (as|per the||||
|statement
offinancial|||activities)||||||194,033|(223,018)|
|Adjustments|for:||||||||||
|Depreciation|charges||||||||151,341|161,329|
|Decrease/(increase)||in|debtors||||||109,232|(4,137)|
|Increase/(decrease)||in|creditors||||||113,927|~46,639)|
|Net cash provided/(consumed)|||||by operating|activities|||568,533|(114,465)|
|ANALYSIS OF CHANGES||||IN NET DEBT|||||||
||||||||||Other||
||||||||||non-cash||
||||||At 1.4.20||Cash|flow|changes|At 31.3.21|
|||||||||E|5||
|Net cash|||||||||||
|Cash at bank|and
in hand||||887,982||559,146|||1,447,128|
|Debt|||||||||||
|Loans falling
Loans falling|due within
1 year
due after 1 year||||(9,388)
~89,978)||9,387||(9,504)
9,504|(9,505)
~80,474)|
||||||~99,388)||9,387|||~89,979)|
|Total|||||788,616||568,533|||1,357,149|
##
##
##
##
||||2021|2020|
|---|---|---|---|---|
|||||E|
|INCOME|||||
|Donations
and legacies|||||
|Donations|||38,728|43,511|
|Other trading activities|||||
|Theatre and Beverley|Road|rental income||43,785|
|Merchandise
& programme||sales||8,023|
|Other income|||3,777|36,732|
|Corporate sponsorship|||10,853|23,150|
|Events and catering income||||56,342|
||||14,630|168,032|
|Charitable
activities|||||
|Admission
fees - Own|productions||(4,134)|403,674|
|Admission
fees - Incoming||productions||334,376|
|Creative
learning
programme|||5,050|45,175|
|Artist development
programme||||181|
|Co-production
income||||51,380|
|Christmas
production|funding||32,000||
|Grants|||1,623,645|1,114,767|
||||1,656,561|1,949,553|
|Total incoming
resources|||1,709,919|2,161,096|
|EXPENDITURE|||||
|Raising donations
and legacies|||||
|Sponsorship
and development|||741|4,685|
|Charitable
activities|||||
|Production
salaries|||163,176|224,186|
|Social security|||12,317|17,613|
|Pensions|||3,254|4,381|
|Own productions|||38,527|530,944|
|Incoming
productions|||17|249,786|
|Production
overheads|||77,621|29,578|
|Artistic overheads|||30,685|12,411|
|Creative
learning
programme|||8,594|20,295|
|Project costs|||234,077|35,622|
|Artist development
programme||||15,312|
|ACE strategic funds|||975|27,980|
|Other trading
activities||||10,436|
||||569,243|1,178,544|
##
|for the year en|ded 31st March|
2021|||
|---|---|---|---|---|
||||2021|2020|
|Support costs|||||
|Raising funds|||||
|Development
salaries|||9,800|53,068|
|Administration|and operations|salaries|||
|Wages|||531,255|591,758|
|Social security|||40,700|50,660|
|Pensions|||10,753|12,602|
||||582,708|655,020|
|Administration|||||
|Telephone|||10,120|10,279|
|Post and stationery|||1,474|6,226|
|Repairs and renewals|||2,355|2,358|
|Insurance|||20,684|20,060|
|Travel and subsistence|||79|7,616|
|Bank and other|charges||7,990|23,411|
|Computer
support|||21,084|16,947|
|Office equipment|leasing||13,110|14,913|
|Staff costs|||1,322|8,479|
|Subscriptions|||6,254|7,352|
||||84,472|117,641|
|Communications|and BoxOffice||||
|Travel and subsistence|||58|3,949|
|Commissions|||(21)|933|
|Subscriptions|||934|3,616|
|Print and distribution|||11,593|66,674|
|Design and advertising|||28,195|55,929|
|Repairs and renewals|||518|483|
|Website and photography|||17,405|9,825|
|Spektrix charges|||9,466|24,348|
||||68,148|165,757|
|Buildings
and premises|||||
|Rent|||15,000|15,000|
|Water and rates|||5,827|13,401|
|Light and heat|||32,060|58,438|
|Insurance|||892|892|
|Security and fire|alarms||6,878|6,829|
|Repairs and maintenance|||75,464|65,891|
|Service charge|||10,896|10,777|
||||147,017|171,228|
##
##
|for the year ended 31|
st March 2021|||
|---|---|---|---|
|||2021|2020|
|Depreciation||||
|Long leasehold||122,637|122,637|
|Freehold
property||5,345|5,345|
|Improvements
to property||2,002|2,001|
|Fixtures, fittings and equipment||21,357|31,346|
|Impairment
offreehold|property|||
|||151,341|161,329|
|VAT recoverable||~554,662)|~66,563)|
|Theatre tax relief||~53,395)|~00,303)|
|Governance costs||||
|Trustees' expenses||21|761|
|Auditors'
remuneration||16,200|13,600|
|Legal and Professional||14,257|13,191|
|||30,478|27,552|
|Other trading
activities||||
|Events and catering salaries|||1,236|
|Total resources expended||1,515,886|2,364,114|
|Net income/(expenditure)||194,033|~223,0)0)|