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2021-12-31-accounts

Company Registration Number - 571072

The Charity Registration Number is :- 274408

Archway Theatre Company Limited

Report and Accounts

31 December 2021

Archway Theatre Company Limited

Report and accounts for the year ended 31 December 2021

Contents

Page
Charity information 1
Trustees' Annual Report 1
Statement of directors' responsibilities 3
Independent Accountant's Report 4
Funds Statements:-
Statement of Financial Activities 6
Statement of Financial Activities - Prior Year statement 7
Statement of total recognised gains and losses 8
Movements in funds 8
Revenue Funds 8
Income and Expenditure account 9
Summary of funds 9
Balance sheet 10
Notes to the accounts 11

Archway Theatre Company Limited

Company Registration Number - 571072

Trustees' Annual Report for the year ended 31 December 2021

The Trustees present their annual report and accounts for the year ended 31st December 2021.

Reference and administrative details

The charity name.

The legal name of the charity is:- Archway Theatre Company Limited.

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 274408.

The charity does not operate in any overseas jurisdictions.

Legal structure of the charity

The charity is constituted as a company limited by guarantee, registered under the Companies Acts. The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.

There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law

By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.

The trustees are all individuals.

The principal operating address of the charity is:-

The Drive Horley, Surrey RH6 7NQ

The registered office of the charity for Companies Act purposes is the same as the operating address shown above.

The Trustees in office on the date the report was approved and during the year ended 31st December 2021 were:-

Miss E A Bass Miss R N Bound (resigned 1st July 2021) Ms D Brown Mrs D P Cornell G Dartnell (appointed 1st July 2021) G Duda A Dunford G Field A Gibson R Gregory Ms K R Horder (appointed 1st July 2021) Ms M G Humphrey T Last (resigned 1st July 2021) H Miller (appointed 1st July 2021) Miss J H Ord Miss L Ray E Redfern Ms A Stuart (resigned 19th April 2021) P Taylor (resigned 28th January 2022) P Tester

All the directors/trustees are also members of the charity.

1

Archway Theatre Company Limited

Company Registration Number - 571072

Trustees' Annual Report for the year ended 31 December 2021

Objects and activities of the charity

The purposes of the charity as set out in its governing document.

The purpose of the charity is to promote and encourage arts through education and promotion of plays.

The main activities undertaken in relation to those purposes during the year.

Because of the impact of Covid restrictions the company produced only four plays and taking advantage of the internet also made ten productions online.

The main activities undertaken during the year to further the charity's purpose for the public benefit.

The charity, in promoting and encouraging arts through education and promotion of plays, gives the general public opportunity to appreciate the element the arts in the local area.

The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.

The contribution of volunteers during the year.

The contribution of volunteers to the successful running of the theatre cannot be overstated. The Company does not have any employees and it is only

thanks to volunteers that the many tasks necessary make all the productions the success that they are.

The main achievements and performance of the charity during the year.

As the pandemic restrictions started to ease off we managed to open the theatre again in August 2021, starting with Wind In The Willows, followed by Dracula, The Vicar of Dibley and then 39 Steps. While audience numbers were a lot lower than we were used to, it was encouraging to see people coming back to the Archway. At the start of 2022 we went back to 10-night runs and attendance numbers are slowly increasing. It seems people tend to to book last minute to attend which does not help with our planning but it is great that we continue to pull in reasonable numbers. The Archway is not alone and the numbers seem to be reflected in most LTG theatres.

How the achievements during the year measure up to the objectives set.

Investment performance against the investment objectives. Structure, governance and management of the charity

The methods used to recruit and appoint new charity trustees.

The Directors and Trustees are appointed by the members at the Annual General Meeting. Directors and Trustees have the power under the governing document to co-opt individuals who support the objects of the organisation to fill vacancies on the Council of Management.

Bankers - 105 Victoria Road, Horley, Surrey, RH6 7AX Solicitors - Ormerods, 45 Friends Road, Croydon, CR0 1ED Accountants - Clayton & Co, 76 Ravenoak Road, Cheadle Hulme, Cheadle, SK8 7EG

Financial review

The charity's financial position at the end of the year ended 31 December 2021

The financial position of the charity at 31 Decemebr 2021 and comparatives for the prior period, as more fully detailed in the accounts, can be summarise as follows:-

Net loss £1,976 (2020 income £35,157)

Unrestricted Revenue Funds available for the general purposes of the charity £239,761

Restricted revenue funds £15,887

Total Funds £255,648

Financial review of the position at the reporting date, 31 December 2021 .

The Trustees consider the financial performance by the charity during the year to have been satisfactory. Financially the theatre is in a good position than to a combination of generous local authority Covid grant support, a Government Bounce Back Loan and donations from members. Specific changes to fixed assets are detailed in the notes to the accounts.

2

Archway Theatre Company Limited

Company Registration Number - 571072

Trustees' Annual Report for the year ended 31 December 2021

Details of The Independent Examiner

Anthony Brown

Member of Chartered Accountant

76 Ravenoak Road

Cheadle Hulme Cheadle Cheshire SK8 7EG

Statement of Directors' and Trustees' Responsibilities.

The Charities Act and the Companies Act require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the finacial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:-

recommended practice have been followed, subject to any material

departures disclosed and explained in the financial statements;

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.

The financial statements are set out on pages 6 to 19.

These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

This report was approved by the board of trustees on 15 June 2022

E Redfern

Director and Trustee

3

Archway Theatre Company Limited

Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the year ended 31 December 2021

I report to the Trustees on my examination of the financial statements of the charitable company on pages 6 to 19 for the year ended 31 December 2021 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 11.

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described on page 3, you, the charitable company's Trustees, who are also the Directors of the Company for the purposes of Company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Section 476 of the Companies Act 2006. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-

a) examine the financial statements of the charity under Section 145 of the Act;

b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent Examiner's Statement and scope of work undertaken

I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charitable company and of the accounting systems employed by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

4

Archway Theatre Company Limited

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.

Independent Examiner's Statement, Report and Opinion

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-

The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006;

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

accounting records were not kept in respect of the charity as required by Section 386 of the Companies Act 2006 and Section 130 of The Charities Act 2011;

the financial statements do not accord with those records; or

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination;

have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Signed:-

Anthony Brown - Independent Examiner

Chartered Accountant

76 Ravenoak Road Cheadle Hulme Cheadle Cheshire SK8 7EG

This report was signed on 15 June 2022

5

Archway Theatre Company Limited - Statement of Financial Activities for the year ended 31 December 2021

Statement of Financial Activities (including the Income and Expenditure Account for the year ended 31 December 2021, as required by the Companies Act 2006)

Current year
Unrestricted
Funds
2021
£
Income & Endowments from:
Donations & Legacies
A1
53,399
Charitable activities
A2
53,389
Other trading activities
A3
7,603
Investments
A4
21
Total income
A
114,412
Expenditure on:
Raising funds
B1
1,000
Charitable activities
B2
113,465
Total expenditure
B
114,465
Net (deficit) income for the year
(53)
Net (deficit)/income after transfeA-B-C
(53)
(53)
Reconciliation of funds:-
E
Total funds brought forward
239,814
Total funds carried forward
239,761
SORP
Ref
Net movement in funds		 Current year
Restricted
Funds
2021
£
-
-
-
-
-
-
1,923
1,923
(1,923)
(1,923)
(1,923)
17,810
15,887		 Current year
Total Funds
2021
£
53,399
53,389
7,603
21
114,412
1,000
115,388
116,388
(1,976)
(1,976)
(1,976)
257,624
255,648		 Prior Year
Total Funds
2020
£
48,527
37,854
2,000
47
88,428
402
52,869
53,271
35,157
35,157
35,157
222,467
257,624

The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All activities derive from continuing operations

The notes attached on pages 11 to 19 form an integral part of these accounts.

6

Archway Theatre Company Limited - Statement of Financial Activities for the year ended 31 December 2021

Archway Theatre Company Limited - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP

Income & Endowments from:
Donations & Legacies
A1
Charitable activities
A2
Other trading activities
A3
Investments
A4
Other
A5
Total income
A
Expenditure on:
Raising funds
B1
Charitable activities
B2
Other
B3
Tax on surplus on ordinary activiti
B3
Other taxation
B3
Total expenditure
B
B4
Net income for the year
Transfers between funds
C
Net income after transfers
Reconciliation of funds:-
E
Total funds brought forward
Total funds carried forward
Net movement in funds
SORP
Ref
Net gains on investments		 Prior Year
Unrestricted
Funds
2020
£
48,527
37,854
2,000
47
-
88,428
402
50,894
-
-
-
51,296
-
37,132
-
37,132
37,132
202,682
239,814

 Prior Year
Restricted
Funds
2020
£
-
-
-
-
-
-
-
-
1,975
-
-
-
-
1,975
-
(1,975)
-
(1,975)
(1,975)
19,785
17,810		 Prior Year
Total Funds
2020
£
48,527
37,854
2,000
47
-
88,428
402
52,869
-
-
-
53,271
-
35,157
-
35,157
35,157
222,467
257,624

All activities derive from continuing operations

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.'

The notes attached on pages 11 to 19 form an integral part of these accounts.

7

Archway Theatre Company Limited - Statement of Financial Activities for the year ended 31 December 2021

Archway Theatre Company Limited - Resources applied in the year ended 31 December 2021 towards fixed assets for Charity use:-

2021 towards fixed assets for Charity use:-
Funds generated in the year as detailed in the SOFA
Resources applied on functional fixed assets
Other applications of funds
Net resources available to fund charitable activities		 2021
£
(1,976)
(6,640)
-
(8,616)		 2020
£
35,157
-
-
35,157

The notes attached on pages 11 to 19 form an integral part of these accounts.

Movements in revenue and capital funds for the year ended 31 December 2021

Revenue accumulated funds

Unrestricted
Funds
2021
£
Accumulated funds brought forward
239,814
(53)
239,761
Closing revenue funds
239,761
Summary of funds
Unrestricted
and
Designated funds
2021
£
Revenue accumulated funds
239,761
Recognised gains and losses before
transfers		 Restricted
Funds
2021
£
17,810
(1,923)
15,887
15,887
Restricted
Funds
2021
£
15,887		 Total
Funds
2021
£
257,624
(1,976)
255,648
256,399
Total
Funds
2021
£
255,648		 Last year
Total Funds
2020
£
222,467
35,157
257,624
257,624
Last Year
Total Funds
2020
£
257,624

The notes attached on pages 11 to 19 form an integral part of these accounts.

8

Archway Theatre Company Limited - Statement of Financial Activities for the year ended 31 December 2021

Archway Theatre Company Limited

Income and Expenditure Account for the year ended 31 December 2021 as required by the Companies Act 2006

Income
Income from operations
Refunds from HMRC on gift aided donations
Interest receivable
Gross income in the year before exceptional items
Gross income in the year including exceptional items
Expenditure
Charitable expenditure, excluding depreciation and amortisation
Depreciation and amortisation
Fundraising costs
Interest payable
Total expenditure in the year
Tax on surplus on ordinary activities
Retained surplus for the financial year
Net income after tax in the financial year
Net income before tax in the financial year
Investment income and interest		 2021
£
112,791
1,600
21
114,412
114,412
96,264
18,816
1,000
308
116,388
(1,976)
-
(1,976)
(1,976)		 2020
£
86,856
1,525
47
88,428
88,428
33,837
19,032
402
-
53,271
35,157
-
35,157
35,157

All activities derive from continuing operations

In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.

The notes attached on pages 11 to 19 form an integral part of these accounts.

9

Archway Theatre Company Limited - Balance Sheet as at 31 December 2021

Note
SORP
Ref
Fixed assets
A
Tangible assets
7
A2
Current assets
B
Debtors
8
B2
Cash at bank and in hand
B4
Total current assets
Creditors: amounts falling due within
one year
9
C1
Net current assets
The total net assets of the charity
2021
£
113,237
37,261
179,118
216,379
(73,968)
142,411
255,648		 2020
£
125,413
65,248
100,569
165,817
(33,606)
132,211
257,624		 2020
£
125,413
65,248
100,569
165,817
(33,606)
132,211
257,624
257,624

The total net assets of the charity are funded by the funds of the charity, as follows:-

Restricted funds
Restricted Revenue Funds
12
D2
Unrestricted Funds
Unrestricted Revenue Funds
12
D3
Total charity funds		 15,887 15,887
239,761
255,648		 17,810 17,810
239,814
239,761 239,814
257,624

The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 5.

The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

P Tester

Trustee Approved by the board of trustees on 15 June 2022

The notes attached on pages 11 to 19 form an integral part of these accounts.

10

Archway Theatre Company Limited

Notes to the Accounts for the year ended 31 December 2021

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Going Concern

The Trustees have obtained forecasts and, after reviewing the financial forecasts for the next 12 months they are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements.

Risks and future assumptions

The charity is a public benefit entity.

Policies relating to categories of income and income recognition.

Accounting for deferred income and income received in advance

Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.

Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.

When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met.

Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned,and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred.

Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable.

Membership subscriptions

The income and any associated Gift Aid or other tax refund from a membership subscription received by the charity in the nature of a gift, is accounted for on the same basis as a donation.

The income from a membership subscription received by the charity where the subscription purchases the right to services or benefits is recognised as income from charitable activities.

11

Archway Theatre Company Limited

Notes to the Accounts for the year ended 31 December 2021

Policies relating to expenditure on goods and services provided to the charity.

Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

Policies relating to assets, liabilities and provisions and other matters.

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.

Leasehold premises 5 % straight line Fixtures and fittings 10 % straight line

Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.

There are no endowment funds.

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.

3 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

4 Net surplus before tax in the financial year

4
Net surplus before tax in the financial year
The net surplus before tax in the financial year is stated after charging:-
Depreciation of owned fixed assets
5
Interest payable
Loan interest		 2021
2020
£
£
18,816
19,032
2021
2020
£
£
308
-

12

Archway Theatre Company Limited

Notes to the Accounts for the year ended 31 December 2021

6 Remuneration and payments to Trustees and persons connected with them

No trustees or persons connected with them received any remuneration from the charity, or any related entity.

7
Tangible fixed assets
Current Year
Cost
At 1 January 2021
Additions
At 31 December 2021
Depreciation
At 1 January 2021
Charge for the year
At 31 December 2021
Net book value
At 31 December 2021
At 31 December 2020
8
Debtors
Prepayments and accrued income
Other debtors
9
Creditors: amounts falling due within one year
Bank loans and overdrafts
Accruals
Deferred Income - Unrestricted & designated funds
10 Income and Expenditure account summary
At 1 January 2021
Surplus after tax for the year
At 31 December 2021		 Leasehold
Land and
Buildings
£
400,771
-		 Fixtures &
Fittings
£
130,982
6,640		 2021
£
9,430
27,831		 Total
£
531,753
6,640
400,771 137,622 538,393
301,919
13,799		 104,421
5,017		 406,340
18,816
315,718 109,438 425,156
85,053 28,184 113,237
98,852 26,561 125,413

2020

£
10,778
54,470
37,261 65,248
2021
£
27,504
39,819
6,645
2020

£
30,000
3,546
60
73,968 33,606
2021
2020
£
£
257,624
222,467
(1,976)
35,157
255,648
257,624

10 Income and Expenditure account summary

13

Archway Theatre Company Limited

Notes to the Accounts for the year ended 31 December 2021

11 Particulars of how particular funds are represented by assets and liabilities

At 31 December 2021
Tangible Fixed Assets
Current Assets
Current Liabilities
At 1 January 2021
Tangible Fixed Assets
Current Assets
Current Liabilities		 Unrestricted
funds
£
113,237
200,492
(73,968)		 Designated
funds
£
-
-		 Restricted
Total
funds
Funds
£
£
-
113,237
15,887
216,379
-
(73,968)
239,761 - 15,887
255,648
Unrestricted
funds
£
125,413
148,007
(33,606)		 Designated
funds
£
-
-
-		 Restricted
Total
funds
Funds
£
£
-
125,413
17,810
165,817
-
(33,606)
239,814 - 17,810
257,624

12 Change in total funds over the year as shown in Note 11 , analysed by individual funds

Unrestricted and designated funds:-
Unrestricted Revenue Funds
Total unrestricted and designated funds
Restricted funds:-
Revenue fund
Total restricted funds
Total charity funds		 Funds brought
forward from
2020
£
239,814		 Movement in
funds in 2021
See Note 13
£
(53)		 Funds carried
forward to
2022
See Note 0
£
£
-
239,761
Transfers
between
funds in 2021
239,814 (53) -
239,761
17,810 (1,923) -
15,887
17,810 (1,923) -
15,887
257,624 (1,976) -
255,648

13 Analysis of movements in funds over the year as shown in Note 12

Unrestricted and designated funds:-
Unrestricted Revenue Funds
Restricted funds:-
Restricted Revenue Fund		 Income
2021
£
114,412
-		 Expenditure
2021
£
(114,465)
(1,923)		 Other
Gains &
Movement
Losses
in funds
2021
2021
£
£
-
(53)
(1,923)
114,412 (116,388) -
(1,976)

14

Archway Theatre Company Limited

Notes to the Accounts for the year ended 31 December 2021

14 The purposes for which the funds as

Unrestricted and designated funds:- These funds are held for the meeting the objectives of the charity, and to Unrestricted Revenue Funds provide reserves for future activities and, subject to charity legislation, are free from all restrictions on their use. Restricted funds:- Restricted Fixed Asset Funds The purpose of these funds is described under the accounting policy 'Fund Accounting'.

15 Ultimate controlling party

The charity is under the control of its legal members.

Every member of the charity is obliged to contribute such amount as may be required not exceeding £1 to the assets of the company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.

15

Archway Theatre Company Limited

Detailed analysis of income and expenditure for the year ended 31 December 2021 as required by the SORP 2015

This analysis is classsified by conventional nominal descriptions and not by activity.

16 Donations, Grants and Legacies

Donations and gifts from individuals
Sponsorship
Total Donations, Grants and Legacies
Total Donations, Grants and
Legacies
A1
Small sponsorship gifts individually less than
£1000
Total public sector revenue grants
Total sponsorship income
Reigate & Banstead Borough Council
Total donations and gifts from individuals
Revenue grants from government and public
bodies
Refunds from HMRC on gift aided donations
Small donations individually less than £1000
Membership subscriptions as donations		 Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
Total Funds
2021
2021
2021
£
£
£
6,050
-
6,050
1,600
-
1,600		 Prior Year
Total Funds
2020
£
11,512
1,525
7,650
-
7,650		 13,037
Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
Total Funds
2021
2021
2021
£
£
£
39,000
-
39,000		 Prior Year
Total Funds
2020
£
28,003
39,000
-
39,000		 28,003
Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
Total Funds
2021
2021
2021
£
£
£
1,367
-
1,367		 Prior Year
Total Funds
2020
£
334
1,367
-
1,367		 334
Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
Total Funds
2021
2021
2021
£
£
£
5,382
-
5,382		 Prior Year
Total Funds
2020
£
7,153
53,399
-
53,399		 48,527

16

Archway Theatre Company Limited

Detailed analysis of income and expenditure for the year ended 31 December 2021 as required by the SORP 2015

Income from charitable activities - Trading Activities

Current year
Primary purpose and ancillary trading
Current year
Total income from charitable trading
Total from charitable activities
A2
Income from other, non charitable, trading activities
Total from other activities
A3
Investment income
Bank Interest Receivable
Total investment income
A4
Youth workshop
Total Primary purpose and ancillary trading
Letting of property for charitable purposes
Advertising
Ticket Sales
Charge to Archway Club
Income from fundraising events
Total Income from charitable activities		 Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
Total Funds
2021
2021
2021
£
£
£
52,879
-
52,879
260
-
260
-
-
-
250
-
250		 Prior Year
Total funds
2020
£
36,114
-
225
1,515
53,389
-
53,389		 37,854
Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
Total Funds
2021
2021
2021
£
£
£
53,389
-
53,389		 Prior Year
Total Funds
2020
£
37,854
53,389
-
53,389		 37,854
Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
Total Funds
2021
2021
2021
£
£
£
6,000
-
6,000
1,603
-
1,603		 Prior Year
Total Funds
2020
£
2,000
-
7,603
-
7,603		 2,000
Prior Year
Total Funds
2020
£
47
Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
Total Funds
2021
2021
2021
£
£
£
21
-
21
21
-
21		 47

17

Archway Theatre Company Limited

Detailed analysis of income and expenditure for the year ended 31 December 2021 as required by the SORP 2015

Expenditure on charitable activities - Charitable trading

Current year
Current year
Current year
Prior Year
Current Year
Unrestricted
Funds
Restricted
Funds
Total Funds
Total Funds
2021
2021
2021
2020
£
£
£
£
6,177
-
6,177
2,056
Reallocated from support costs
106,288
1,923
108,211
50,813
Total charitable trading costs
B2b
112,465
1,923
114,388
52,869
Current year
Current year
Current year
Prior Year
Current Year
Unrestricted
Funds
Restricted
Funds
Total Funds
Total Funds
2021
2021
2021
2020
£
£
£
£
Volunteer costs
105
-
105
-
Premises Expenses
58,640
-
58,640
5,150
7,173
-
7,173
8,609
2,941
-
2,941
2,524
5,385
-
5,385
2,506
4,142
-
4,142
645
Administrative overheads
1,528
-
1,528
2,042
1,645
-
1,645
1,695
105
-
105
70
120
-
120
430
4,238
-
4,238
4,398
73
-
73
73
2,806
-
2,806
2,221
1,000
-
1,000
750
Financial costs
186
-
186
668
308
-
308
-
16,893
1,923
18,816
19,032
Support costs before reallocation
107,288
1,923
109,211
50,813
Less support costs reallocated to specific activities
To charitable trading costs
(106,288)
(1,923)
(108,211)
(50,813)
Total support costs - Current Year
1,000
-
1,000
-
-
The basis of allocation of costs between activities is described under accounting policies
All the expenditure in the prior year was unrestricted.
Liabilty and contents insurance
Professional fees paid to the Auditor or Independent Examiner in addition to audit and examination fees
Newsletters, stationery and postage
Internet booking fees
Bank and card charges
Examination fees
Rent and rates
Caretaking and cleaning
Property insurance
Light heat and water
Premises repairs, renewals and
maintenance
Training and welfare - volunteers
Telephone and internet
Production costs
Support costs for charitable activities
Depreciation & Amortisation in total for the
Advertising and marketing
Sundry expenses
LTG
Loan interest		 Current year
Current year
Current year
Prior Year
Unrestricted
Funds
Restricted
Funds
Total Funds
Total Funds
2021
2021
2021
2020
£
£
£
£
6,177
-
6,177
2,056
106,288
1,923
108,211
50,813		 Current year
Current year
Current year
Prior Year
Unrestricted
Funds
Restricted
Funds
Total Funds
Total Funds
2021
2021
2021
2020
£
£
£
£
6,177
-
6,177
2,056
106,288
1,923
108,211
50,813
112,465
1,923
114,388
52,869
107,288
1,923
109,211
(106,288)
(1,923)
(108,211)		 50,813
(50,813)
1,000
-
1,000		 -
-

18

Archway Theatre Company Limited

Detailed analysis of income and expenditure for the year ended 31 December 2021 as required by the SORP 2015

Other Expenditure - Governance costs

Professional fees paid to the Auditor or Independent Examiner in addition to audit and examination fees

Fees paid to the examiner's firm
Total Charitable expenditure
Current Year
Total charitable trading costs
B2b
Total support costs
B2d
Total charitable expenditure
B2
Prior Year
Total charitable trading costs
B2b
Total support costs
B2d
Total charitable expenditure
B2		 Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
Total Funds
2021
2021
2021
£
£
£
1,000
-
1,000		 Prior Year
Total Funds
2020
£
750
Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
Total Funds
2021
2021
2021
£
£
£
112,465
1,923
114,388
1,000
-
1,000		 Prior Year
Total Funds
2020
£
52,869
-
113,465
1,923
115,388		 52,869
Prior Year
Prior Year
Prior Year
Unrestricted
Funds
Restricted
Funds
Total Funds
2020
2020
2020
£
£
£
50,144
1,975
52,119
750
-
750
50,894
1,975
52,869

Expenditure on raising funds and costs of investment management

Current Year
Costs of staging fundraising events
Total fundraising costs
B1		 Current year
Current year
Current year
Prior Year
Unrestricted
Funds
Restricted
Funds
Total Funds
Total Funds
2021
2021
2021
2020
£
£
£
£
1,000
-
1,000
402
1,000
-
1,000
402

All the expenditure in the prior year was unrestricted.

19