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|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|8|
|Report ofthe Independent
Auditors|9|to|11|
|Statement ofFinancial Activities||12||
|Balance Sheet||||
|Cash Flow Statement||14||
|Notes to the Cash Flow Statement||15||
|Notes to the Financial Statements|16|to|24|
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|||FOR|THE YEAR|ENDED 31MARC|H 2022|||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|||||
|INCOME FROM||||||||
|Donations
and grants||||364,101|43)393|407,494|424,939|
|Charitable
activities||||||||
|Charitable
activities||||64+20|4,012|68432|23,030|
|Investment
income||||78||78|81|
|Other income||||100,000||100,000|41,283|
|Total||||528,699|47,405|576,104|489,333|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Resources expended|on charitable|activities||426,434|125,904|552438|460,045|
|Support costs||||||||
|Total||||426,434|125,904|552338|460,045|
|NET INCOME/(EXPENDITURE)||||102,265|(78,499)|23,766|29,288|
|Transfers
between
funds|||17|2,023|(2,023)|||
|Net movement
in funds||||104@88|(80422)|23,766|29,288|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||282,707|189/17|472,024|442,736|
|TOTAL FUNDS CARRIED FORWARD||||386,995|108,795|495,790|472,024|
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||31M|ARCH 2022||||
|---|---|---|---|---|---|
|||||2022|2021|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||f,||
|FIXEDASSETS||||||
|Tangible assets|13|29,620|84,438|114,058|168,260|
|CURRENT ASSETS||||||
|Debtors|14|115,850||115,850|68,888|
|Cash at bank and in hand||263+72|24@57|287,629|279,027|
|||379,122|24@57|403,479|347,915|
|CREDITORS||||||
|Amounts
falling duc within one year|15|(21,747)||(21,747)|(44, I51)|
|NET CURRENT ASSETS||357@75|24+57|381,732|303,764|
|TOTAL ASSETSLESSCURRENT|LIABILITIES|386,995|108,795|495,790|472,024|
|NET ASSETS||386,995|108,795|495,790|472,024|
|FUNDS|17|||||
|Unrestricted
funds||||386,995|282,707|
|Restricted
funds||||108,795|189,317|
|TOTAL FUNDS||||495,790|472,024|
##
||||F|OR|THE YEAR ENDE|D 31MARCH 2022||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||||||Notes|f,||
|Cash flows from operating||activities||||||
|Cash generated
from operations||||||10,687|68,580|
|Net cash provided
by operating
activities||||||10,687|68,580|
|Cash flows from investing||activities||||||
|Purchase oftangible fixed assets
Sale oftangible fixed assets||||||(2,163)|(40,367)
1,000|
|Interest received||||||78|81|
|Net cash used in investing|activities|||||(2,085)|(39,286)|
|Change
in cash and cash|equivalents||in the|||||
|reporting
period
Cash and cash equivalents||at the beginning||of||8,602|29,294|
|the reporting
period||||||279,027|249,733|
|Cash and cash equivalents||at the end|ofthe|||||
|reporting
period||||||287,629|279,027|
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||||||2022f|2021|
|---|---|---|---|---|---|---|
|Net income|for the|reporting|period (as per the Statement ofFinancial||||
|Activities)|||||23,766|29,288|
|Adjustments|for:||||||
|Depreciation|charges||||56+65|55,510|
|Loss on disposal of||fixed assets||||516|
|Interest received|||||(78)|(81)|
|(Increase)/decrease||in debtors|||(46,962)|16,480|
|Decrease in|creditors||||(22,404)|(33,133)|
|Net cash provided||by operations|||10,687|68,580|
|ANALYSIS|OFCHANGES IN NET FUNDS||||||
|||||At 1.4.21|Cash flow|At312.22|
|||||||f|
|Net cash|||||||
|Cash at bank|and in|hand||279,027|8,602|287,629|
|||||279,027|8,602|287,629|
|Total||||279,027|8,602|287,629|
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||||Direct|Support||
|---|---|---|---|---|---|
||||Costs (see|costs (see||
||||note 7)
f.|note 8)
f|Totals|
|Resources expended|on charitable|activities|545,961|6+77|552438|
|DIRECT COSTSOF CHARITABLE ACTIVITIES||||||
|||||2022f|2021|
|Staffcosts||||291,149|217,652|
|Marketing||||13+09|9,962|
|Production
fees||||46,460|56,530|
|Tour costs||||23,105|1,212|
|Sets and costumes||||18,168|7,935|
|Administration||||19,515|18,133|
|Asset costs||||22,6?3|27,029|
|Freelance administration||||781|150|
|Studio Theatre use||||54,286|58,882|
|Depreciation
Surplus on disposal|offixed assets|||56+65|55,5 l0
516|
|||||545,961|453,511|
|SUPPORT COSTS||||||
||||||Governance|
||||||costs|
|Resources expended|on charitable|activities|||6@77|
##
|||2022f|2021f|
|---|---|---|---|
|Auditors'
remuneration
Auditors'
remuneration
Depreciation - owned
Deficit on disposal of|for non audit work
assets
fixed assets|1,800
4,035
56+65|1,710
4,280
55,510
516|
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|STAFF COSTS|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
|Wages and salaries|||||||263,411|197,416|
|Social security costs|||||||14,853|13,124|
|Other pension costs|||||||12,885|7,112|
||||||||291,149|217,652|
|Four key personnel|received total||emoluments|||off155,915during the year,|||
|The average monthly|number ofemployees||||during the year was as follows:||||
||||||||2022|2021|
|Management
and administration
staff|||||||9|8|
|No employees
received emoluments||||in excess||off60,000.|||
|The full time equivalent||number ofstaff is|||9,||||
|COMPARATIVES|FOR THE STATEMENT OFFINANCIAL ACTIVITIES||||||||
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds|funds|
|INCOME FROM|||||||||
|Donations
and grants||||||306,365|118,574|424,939|
|Charitable
activities|||||||||
|Charitable
activities||||||13,997|9,033|23,030|
|Investment
income||||||81||81|
|Other income||||||41,283||41,283|
|Total||||||361,726|127,607|489,333|
|EXPENDITURE ON|||||||||
|Charitable
activities|||||||||
|Resources expended|on charitable||activities|||327,492|132,553|460,045|
|Support costs|||||||||
|Total||||||327,492|132,553|460,045|
|NKT INCOME/(EXPENDITURE)||||||34,234|(4,946)|29,288|
|Transfers
between
funds||||||11,700|(11,700)||
|Net movement
in funds||||||45,934|(16,646)|29,288|
|RECONCILIATION|OF FUNDS||||||||
|Total funds brought|forward|||||236,773|205,963|442,736|
|TOTAL FUNDS CARRIED FORWARD||||||282,707|189,317|472,024|
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|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Motor|||
||vehicles|Equipment|Totals|
||||f,|
|COST||||
|At l April 2021|39,765|281,681|321,446|
|Additions||2,163|2,163|
|At 3l March 2022|39,765|283)844|323,609|
|DEPRECIATION||||
|At 1 April 2021|10,789|142@97|153,186|
|Charge for year|7,563|48,802|56/65|
|At 31 March 2022|18@52|191,199|209451|
|NET BOOKVALUE||||
|At 31 March 2022|21,413|92,645|114,058|
|At 31 March 2021|28,976|139,284|168,260|
|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||
|||2022|2021|
||||E|
|Trade debtors||10,130|1,974|
|Other debtors|||5,373|
|Film/theatre
tax relief||100,000|40,487|
|Prepayments||5,720|21,054|
|||115,850|68,888|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
|||2022
f|2021f|
|Trade creditors||1489|466|
|Social security and other taxes
VAT||4,026
2,630|3,612
199|
|Accrued expenses||7,035|15,291|
|Deferred income||6,667|24,583|
|||21,747|44,151|
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||||||2022|2021|
|---|---|---|---|---|---|---|
|Between|one|and|five|years|5,800|935|
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|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
|||At|1.4.21|in funds|funds|31.3.22|
||||f||||
|Unrestricted
funds|||||||
|General fund||282,707||102865|2,023|386)995|
|Restricted funds|||||||
|Capital Development|Fund||40233|(423)||3,810|
|RALP - Capital|||3,761|(376)||3@85|
|Participatory
Projects||56,930||(38,573)|5/00|23,557|
|Aiming High Capital||123,493||(46+50)||77,243|
|The Storm||||2,023|(2,023)||
|Tudor Trust Wellbeing|||900|(100)||800|
|Everything
is connected||||5)200|(5400)||
|||189417||(78,499)|(2,023)|108,795|
|TOTAL FUNDS||472,024||23,766||495,790|
|Net movement
in funds, included||in the above are as follows:|||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds
f|
|Unrestricted
funds|||||||
|General fund||||528,699|(426,434)|102465|
|Restricted funds|||||||
|Capital Development
RALP - Capital|Fund||||(423)
(376)|(423)
(376)|
|Participatory
Projects||||32,954|(71,527)|(38473)|
|Aiming High Capital
The Storm||||8$,51|(46,250)
(6@28)|(46+50)
2,023|
|Tudor Trust Wellbeing|||||(100)|(100)|
|Everything
is connected||||6,200|(1,000)|5+00|
|||||47,405|(125804)|(78,499)|
|TOTAL FUNDS||||576,104|(552,338)|23,766|
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||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.4.20
f|in funds
f|funds|31.3.21|
|Unrestricted
funds||||||||
|General fund||||145,781|35,226|11,700|192,707|
|Capital Replacement||Fund - Van||992|(992)|||
|Employment
Fund||||35,000|||35,000|
|Engagement
Fund||||10,000|||10,000|
|Asset Replacement|Fund|||45,000|||45,000|
|||||236,773|34,234|11,700|282,707|
|Restricted funds||||||||
|Capital Development||Fund||4,707|(474)||4,233|
|RALP - Capital||||4,179|(418)||3,761|
|AGMA - Capital||||646|(646)|||
|participatory
projects||||47,934|(11,004)|20,000|56,930|
|Aiming High Capital||||148,497|(20,016)|(4,988)|123,493|
|5Creative Ways To|Wellbeing||CCG||20,000|(20,000)||
|Tudor Trust Wellbeing|||||900||900|
|When We Started Singing|||||6,785|(6,785)||
|Homework
Support|Covid Emergengy||||(73)|73||
|||||205,963|(4,946)|(11,700)|189,317|
|TOTAL FUNDS||||442,736|29388||472,024|
|Comparative
net movement
in|||funds, included|in the above are as follows;||||
||||||Incoming|Resources|Movement|
||||||resources
f.|expended
f|in funds|
|Unrestricted
funds||||||||
|General fund|||||361,726|(326,500)|35,226|
|Capital Replacement|Fund - Van|||||(992)|(992)|
|Restricted funds|||||361,726|(327,492)|34,234|
|Capital Development
Fund
RALP - Capital
AGMA - Capital
participatory
projects
Aiming High Capital
5 Creative Ways ToWellbeing|||CCG||47,401
23,265
20,000|(474)
(418)
(646)
(58,405)
(43,281)|(474)
(418)
(646)
(I1,004)
(20,016)
20,000|
|Tudor Trust Wellbeing
When We Started Singing
Homework
Support Covid Emergengy|||||2,000
19,940
15,001|(1,100)
(13,155)
(15,074)|900
6,785
(73)|
||||||127,607|(132,553)|(4,946)|
|TOTALFUNDS|||||489,333|(460,045)|29,288|
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|Included
within
unrestricted
general|Included
within
unrestricted
general|Included
within
unrestricted
general|Included
within
unrestricted
general|funds are the following|funds are the following|designated|funds as determined|by the board|oftrustees:-|
|---|---|---|---|---|---|---|---|---|---|
||||||||Movement
in|||
|||||||||yearf|31/03/22
f|
|Designated|Employment|Fund||||||20,000|55,000|
|Designated|Engagement|Fund||||||20,000|30,000|
|Designated|Transition &|Sustainability|||Fund|||30,000|30,000|
|Designated|Asset Replacement||Fund|||||10,000|55,000|
||||||||90,000|80,000|170,000|