| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | |||||
| funds | funds | |||||
| Notes | f | f | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
5,156 | 101,956 | ||||
| Charitable activities |
||||||
| Incoming resources from | charitable | activities | 580,578 | 335,192 | ||
| Activities for generating funds Investment and other income |
85,457 4,853 |
37,535 288,152 |
||||
| Total | 676,044 | 762,835 | ||||
| EXPENDITURE ON | ||||||
| Cost ofgenerating funds |
73,674 | 34,556 | ||||
| Charitable activities |
||||||
| Costs ofcharitable activities |
314,708 | 255,634 | ||||
| Other | 238,816 | 204,387 | ||||
| Total | 627,198 | 494,577 | ||||
| NET INCOME | 48,846 | 268,258 | ||||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward | 1,625,212 | 1,356,954 | ||||
| TOTAL FUNDS CARRIED | FORWARD | 1,624,658 | 1,625, 212 |
| STATEMENT OF FINANCIAL POSITION 31AUGUST 2022 |
|||
|---|---|---|---|
| 2022 | 2021 | ||
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | E | E | |
| FIXEDASSETS | |||
| Tangible assets Heritage assets |
13 14 |
194,178 1,548,933 |
137,986 1,548,933 |
| 1,743,111 | 1,686,919 | ||
| CURRENT ASSETS | |||
| Stocks | 15 | 2,345 | 1,452 |
| Debtors | 16 | 59,034 | 86,725 |
| Cash at bank and in hand | 164,255 | 160,579 | |
| 225,634 | 248,756 | ||
| CREDITORS | |||
| Amounts falling due within one year |
17 | (92,743) | (79,229) |
| NET CURRENT ASSETS | 132,891 | 169,527 | |
| TOTAL ASSETS LESSCURRENT LIABILITIES | 1,876,002 | 1,856,446 | |
| CREDITORS | |||
| Amounts falling due after more than one year |
18 | (201,944) | (231,234) |
| NET ASSETS | 1,674,058 | 1,625,212 | |
| FUNDS | 21 | ||
| Unrestricted funds |
1,674,058 | 1,625,212 | |
| TOTAL FUNDS | 1,674,058 | 1,625,212 |
| STATEMENT OF CASH FLO FOR THE YEAR ENDED 31 |
WS AUGUST 202 |
2 | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Notes | f | E | |||
| Cash flows from operating activities Cash generated from operations Interest paid |
119,720 (9,623) |
140,056 (8,395) |
|||
| Net cash provided by operating activities |
110,097 | 131,661 | |||
| Cash flows from investing activities Purchase oftangible fixed assets Sale oftangible fixed assets Interest received |
(78,101) 917 53 |
(13,020) 19 |
|||
| Net cash used in investing | activities | (77,131) | (13,001) | ||
| Cash flows from financing Loan repayments in year |
activities | (29,290) | (21,000) | ||
| Net cash used in financing | activities | (29,290) | (21,000) | ||
| Change in cash and cash reporting period |
equivalents | in the | 3,676 | 97,660 | |
| Cash and cash equivalents the reporting period |
at the beginning of | 160,579 | 62,919 | ||
| Cash and cash equivalents reporting period |
at the end | ofthe | 164,255 | 160,579 |
| YEAR ENDED 31 | AUGUST 2022 | AUGUST 2022 | AUGUST 2022 | AUGUST 2022 | AUGUST 2022 | ||
|---|---|---|---|---|---|---|---|
| RECONCILIATION | OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | ||||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Net income for the | reporting | period (as per the Statement | of Financial Activities) | 48,846 | 268,258 | ||
| Adjustments for: Depreciation charges |
21,909 | 15,612 | |||||
| Profit on disposal | of | fixed assets | (917) | ||||
| Interest received | (53) | (19) | |||||
| Interest paid (Increase)/decrease Decrease in debtors |
in stocks | 9,623 (893) 27,691 |
8,395 551 14,251 |
||||
| Increase/(decrease) | in creditors | 13,514 | (166,992) | ||||
| Net cash provided | by operations | 119,720 | 140,066 | ||||
| ANALYSIS OF CHANGES IN NET DEBT | |||||||
| At 1.9.21 | Cash flow | At 31.8.22 | |||||
| f | f | f | |||||
| Net cash | |||||||
| Cash at bank and | in | hand | 160,579 | 3,676 | 164,255 | ||
| 160,579 | 3,676 | 164,255 | |||||
| Debt | |||||||
| Debts falling due Debts falling due |
within 1year after 1year |
(29,290) (231,234) |
29,290 | (29,290) (201,944) |
|||
| (260,524) | 29,290 | (231,234) | |||||
| Total | (99,945) | 32,966 | (66,979) |
| DONATIONS AND LEGACIES |
DONATIONS AND LEGACIES |
|||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| f | f | |||||
| Miscellaneous donations |
2,956 | 98,831 | ||||
| Membership subscriptions |
2,200 | 3,125 | ||||
| 5,156 | 101,956 | |||||
| ACTIVITIES FOR GENERATING | FUNDS | 2022 | 2021 | |||
| f | f | |||||
| Drama school Hire ofequipment, costumes |
and sundry income | 81,050 4,407 |
35,520 2,015 |
|||
| 85,457 | 37,535 | |||||
| INVESTMENT AND OTHER INCOME | 2022 | 2021 | ||||
| f | f | |||||
| Rents received Grants and Business Support Deposit account interest |
4,800 53 |
4,800 283,333 19 |
||||
| 4,853 | 288,152 | |||||
| INCOME FROM CHARITABLE | ACTIVITIES | 2022 | 2021 | |||
| Ticket sales Programme sales Bar sales Tuck shop Blanket sales Programme sponsorship Restaurant income |
Activity Incoming resources from Incoming resources from Incoming resources from Incoming resources from Incoming resources from Incoming resources from Incoming resources from |
charitable charitable charitable charitable charitable charitable charitable |
activities activities activities activities activities activities activities |
f 522,638 20,268 15,650 567 6,455 |
f 285,351 9,548 22,346 11,384 1,098 1,000 4,465 |
|
| Rent offacilities | Incoming resources from | charitable | activities | 15,000 | ||
| 580,578 | 335,192 | |||||
| COST OF GENERATING | FUNDS | |||||
| Raising donations and |
legacies | 2022 | 2021 | |||
| f | f | |||||
| Drama school expenses Hall and licences |
72,816 858 |
34,002 554 |
||||
| 73,674 | 34,556 |
| CHARITABLE ACTIV | ITIES C | OSTS | |||
|---|---|---|---|---|---|
| Direct | |||||
| Costs | |||||
| f | |||||
| Costs ofcharitable | activities | 314,788 | |||
| SUPPORT COSTS | |||||
| Governance | |||||
| Other | costs | Totals | |||
| f | f | f | |||
| Other resources expended | 217,183 | 21,627 | 238,816 | ||
| NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||
| 2022 | 2021 | ||||
| f | f | ||||
| Depreciation -owned assets |
21,909 | 15,612 | |||
| Surplus on disposal | offixed assets | (917) |
| STAFF COSTS | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| f | f | |||
| Wages and salaries | 93,870 | 78,096 | ||
| Social security costs Other pension costs |
1,866 1,379 |
927 | ||
| 97,115 | 79,023 | |||
| The average monthly | number ofemployees | during the year was as follows: | ||
| 2022 | 2021 | |||
| Support staff | 5 | 5 |
| FOR T | HE YEAR ENDED 31AUGUST 2022 | HE YEAR ENDED 31AUGUST 2022 | HE YEAR ENDED 31AUGUST 2022 | HE YEAR ENDED 31AUGUST 2022 | HE YEAR ENDED 31AUGUST 2022 | |
|---|---|---|---|---|---|---|
| 12. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | ||||||
| funds | ||||||
| f | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
101,956 | |||||
| Charitable activities |
||||||
| Incoming resources | from | charitable | activities | 335,192 | ||
| Activities for generating | funds | 37,535 | ||||
| Investment and other income |
288,152 | |||||
| Total | 762,835 | |||||
| EXPENDITURE ON | ||||||
| Cost ofgenerating | funds | 34,556 | ||||
| Charitable activities |
||||||
| Costs ofcharitable | activities | 255,634 | ||||
| Other | 204,387 | |||||
| Total | 494,577 | |||||
| NET INCOME | 268,258 | |||||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought | forward | 1,356,954 | ||||
| TOTAL FUNDS CARRIED | FORWARD | 1,626,212 | ||||
| 13. | TANGIBLE FIXEDASSETS | |||||
| Plant and | ||||||
| fixtures | ||||||
| f | ||||||
| COST | ||||||
| At 1September 2021 | 696,106 | |||||
| Additions | 78,101 | |||||
| At 31August 2022 | 774,207 | |||||
| DEPRECIATION | ||||||
| At 1September 2021 | 558,120 | |||||
| Charge for year | 21,909 | |||||
| At 31August 2022 | 580,029 | |||||
| NET BOOK VALUE | ||||||
| At 31August 2022 | 194,178 | |||||
| At 31August 2021 | 137,986 |
| HERITAGE ASSETS | |
|---|---|
| Total | |
| f | |
| DEEMED COST | |
| At 1September 2021and 31August 2022 | 1,548,933 |
| NET BOOK VALUE | |
| At 31August 2022 | 1,548,933 |
| At 31August 2021 | 1,548,933 |
| STOCKS | ||||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| f | f | |||||
| Stocks | 2,345 | 1,452 | ||||
| DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 2022 | 2021 | |||||
| f | f | |||||
| Trade debtors | 5,693 | 13,134 | ||||
| Other debtors | 35,771 | 29,996 | ||||
| Prepayments | and accrued | income | 17,570 | 43,595 | ||
| 59,034 | 86,725 | |||||
| CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 2022 | 2021 | |||||
| f | f | |||||
| Bank loans and overdrafts | (see note 19) | 19,290 | 19,290 | |||
| Other loans (see note | 19) | 10,000 | 10,000 | |||
| Trade creditors | 25,097 | 23,626 | ||||
| Social security | and other | taxes | 1,643 | 1,554 | ||
| VAT | 3,653 | 2,639 | ||||
| Other creditors | 14,281 | 7,881 | ||||
| Accruals and | deferred | income | 18,779 | 14,239 | ||
| 92,743 | 79,229 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| E | f | |||
| Bank loans | (see note 19) | 173,611 | 192,901 | |
| Other loans | (see note 19) | 28,333 | 38,333 | |
| 201,944 | 231,234 | |||
| LOANS | ||||
| An analysis | ofthe maturity | ofloans is given below: | ||
| 2022 | 2021 | |||
| f | E | |||
| Amounts falling due within |
one year on demand: | |||
| Bank loans | 19,290 | 19,290 | ||
| Otherloans | 10,000 | 10,000 | ||
| 29,29D | 29,290 | |||
| Amounts falling between one and two years: |
||||
| Bankloans | 19,290 | 19,290 | ||
| Otherloans | 28,333 | 38,333 | ||
| 47,623 | 57,623 | |||
| Amounts falling due between two and five years: |
||||
| Bank loans | 57,870 | 57,87D | ||
| Amounts falling due in more than five years: |
||||
| Repayable | by instalments: | |||
| Bank loans | 96,451 | 115,741 |
| 2022 | 2021 |
|---|---|
| f | E |
| 192,901 | 212,191 |
| Net | |||||||
|---|---|---|---|---|---|---|---|
| movement | At | ||||||
| At 1.9.21 | in funds | 31.8.22 | |||||
| f | f | f | |||||
| Unrestricted | funds | ||||||
| General fund | 1,535,212 | 48,846 | 1,584,058 | ||||
| Revalutaion | reserve | 90,000 | 90,000 | ||||
| 1,625,212 | 48,846 | 1,674,058 | |||||
| TOTAL FUNDS | 1,625,212 | 48,846 | 1,674,D58 | ||||
| Net movement | in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Movement | |||||
| resources f |
expended f |
in funds f |
|||||
| Unrestricted | funds | ||||||
| General fund | 676,044 | (627,198) | 48,846 | ||||
| TOTAL FUNDS | 676,D44 | (627,198) | 48,846 | ||||
| Comparatives | for movement | in | funds | ||||
| Net | |||||||
| movement | At | ||||||
| At 1.9.20 | in funds | 31.8.21 | |||||
| f | f | f | |||||
| Unrestricted | funds | ||||||
| General fund | 1,266,954 | 268,258 | 1,535,212 | ||||
| Revalutaion | reserve | 90,000 | 90,000 | ||||
| 1,356,954 | 268,258 | 1,625,212 | |||||
| TOTAL FUNDS | 1,356,954 | 268,258 | 1,625,212 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| f | f | f | ||
| Unrestricted | funds | |||
| General fund | 762,835 | (494,577) | 268,258 | |
| TOTAL FUNDS | 762,835 | (494,577I | 268,258 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.9.20 | in funds | 31.8.22 | ||
| f | f | f | ||
| Unrestricted | funds | |||
| General fund | 1,266,954 | 317,104 | 1,584,058 | |
| Revalutaion | reserve | 90,000 | 90,000 | |
| 1,356,954 | 317,1D4 | 1,674,058 | ||
| TOTAL FUNDS | 1,356,954 | 317,1D4 | 1,674,D56 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| f | f | f | ||
| Unrestricted | funds | |||
| General fund | 1,438,879 | (1,121,775) | 317,104 | |
| TOTAL FUNDS | 1,438,879 | (1,122,775) | 317,1D4 | |
| CAPITAL COMMITMENTS | ||||
| 2022 | 2021 | |||
| f | f | |||
| Contracted | but not provided for in the financial statements | 1,675 |