2020-03-31-accounts

				Page
Reference and Administrative Details ofthe Company,		its Trustees	and Advisers	1
Trustees' Report				2-9
independent	Auditors' Report on the Financial Statements			10 - 12
Consolidated	Statement ofF(nanciat Activities			13
Consolidated	Statement of Financial Position			14
Company Statement ofFinancial Position				15
Consolidated	Statement ofCash Flows
Notes to the	Financial Statements			17-36

												)	I	~																			~		~							I	~	a ~
																											~		~	~							I	I
																	~		~	~
																												I	~
																~	~												~	= ~			I '	~
																										~:~			~	=	=		~:		I	I
																					"~					~	4 ~		~:			~		I
																						~				~	~
																								-.		~:4		'	~
																									~	~ ~	~		~
																										~ ~ ~		~	~	0 ~									4	- ~	~ .		I	I
									'
~		~		~				~				4
															I						I
									'
						~				~
																	4
	~					~	~
																~	~	4
																						~
																				~
~		~
																			~	.	~.
~		~	'		~				~		~										~		4
																					~	'		~
															o
																								~	~
																									~	~
																~	~	~
															~	~

		Restricted	Unrestricted	Total	Tcta!
		funds	funds	funds	funds
		2020	2020	2020	2019
	Note			K
Income from:
Donations and legacies			31,310	31,310	73732
Charitable activities			143,296	143,296	247,001
Other trading activities			512,974	512,974	501,852
Total income			687,580	687,580	822,586
Expenditure on: Raising funds Charitable activities			3,594 752,347	3,694 752,347	4,140 786680
Total expenditure			765,941	755,941	790,720
Net movement In funds			(68,361)	(68,381)	31,865
Reconciliation offunds:
Total funds brought forward Net movement in funds		463,474	196,862 (68,361)	660,336 (68,38'I)	628,471 31,865
Total funds carried forward		463,474	128,501	591,976	660,336

				2020		2019
		Note				E
Fixed assets
Tangible assets				1,228,173		1,259,768
Current assets
Stocks					2,51'I
Debtors			5,617		24,072
Cash at bank and	In hand		41,574		165,322
			47,191		191,905
Creditors: amounts year	falling due within one	16	(146,768)		(238,532)
Net current liabilities				(99,577)		(46,627)
Total assets less	current liabilities			1,12S,596		'l,213,141
Creditors: amounts than one year	falling due after more			(536,621)		(552,805)
Net assets				591,975		660,336
Total net assets				591,975		660,336
charity funds
Restricted funds		1S		463,474		463,474
Unrestricted funds		18		"I28,501		196,862
Total funds				591,975		660,336

		COMPANY STATEMENT	OF FINANCIAL	POSITION
		AS AT 31	MARCH 2020
				2020		2019
		Note
Fixed assets
Tangible assets				1,226,560		1,257,751
Current assets
Stocks		14			2,51'I
Debtors		15	30,713		24,072
Cash at bank and	in hand		20,999		157,984
			51,712		184,547
Creditors: amounts year	falling	due within one 16	(162,227)		(243,130)
Net current liabilities				(110,515)		(58,583)
Total assets less	current	liabilities		1,116,145		1,199,188
Creditors: amounts than one year	fatling	due after more		(536,621)		(552,805)
Net assets				579,524		646,383
Total net assets				579,524		646,363
Charity funds
Restricted funds		18		463,474		463,474
Unrestricted funds		18		116,050		182,889
Total funds				579,524		646,363

							2020	2019
						Note
Cash flows from operating		activities
Nst cash used in operating	activities						(92,772)	115,342
Cash flows from financing		activities
Loan repayments							(30,976)	(31,766)
Loan drawdown								445,000
Redemption of existing loan								(365,502)
Net cash (used in)/provided		by financing		activities			(30,976)	47,732
Change ln cash and cash		equivalents	ln	the year			(123,748)	163,074
Cash and cash equivalents		at the beginning		ofthe year			165,322	2,248
Cash and cash equivalents		at the end of		the year		22	41,574	165,322
The notes on pages 17to 36form part ofthese financial					statements

	Unrestricted	Total	Total
	funds	funds	funds
	2020	2020	20'i9
			P
Donations	1,310	1,310	24,732
Legacies			34,000
Granfs	30,000	30,000	16,000
	31,310	3'I,310	73,?32
l2019	73,732	73,732

		Unrestricted	Total	Total
		funds	funds	funds
		2020	2020	2019
				E
Introduction	to Acting			586
Theatre &Events		30,626	30,628	156,123
Membership	income	'112,670	112,670	90,293
Total 2020		143,298	143,296	247,001
Total 2019		247,001	247,001

		Unrestricted	Total	Total
		funds	funds	funds
		2020	2020	2019
		R		E
Studio hire		79,796	79,796	107,003
Trading income from subsidiary	- workshops	347,195	347,195	277,375
Green Room (Bar & Cafe)		85,984	85,984	'I17,474
Total 2020		512,974	512,974	501,852
Total 2019		501,862	501,852

			Unrestricted	Total	Total
			funda	funds	funds
			2020	2020	2019
Charity	fundraislng	costs	3,594	3,594	4,140
Total 2019			4,140	4,140

		Unrestricted	Total	Total
		funda	funds	funds
		2020	2020	2019
		K	E	F-
Room Hire		36,607	3B,607	55,028
Workshops		232,239	232,239	207,273
Tristan Bates Theatre		60,688	60,688	115,998
Marketing	& Membership	35,586	35,586	28,986
Green Room		70,220	70,220	71,283
Operations		317,007	317,007	308,016
		752,347	752,347	786,580
Total 2019		786,580	786,580

		Activities
		undertaken	Support	Total	Total
		directly	costs	funds	funds
		2020	2020	2020	2019
			E
Room Hire		33,426	3,181	3B,607	55,026
Workshops		I'I6,824	115,415	232,239	207,273
Tristan Bates Theatre		60,688		60,688	115,996
Marketing	& Membership	35,688		35,588	28,988
Green Room		70,220		70,220	71,283
Operations			3'i7,007	317,007	308,018
		316,744	435,603	752,347	788,580
Total 2019		402,252	384,328	786,680

10.	Auditors'	remuneration
			2020	2019
	Auditors'	remuneration	12,677	11,100
11.	Staffcosts

Staffc	osts
		Group 2020	Group 2019	Company 2020	Company 2019
		F			E
Wages	and salaries	321,280	330,353	175,845	214,688
Social	security costs	17273	20,568	10,364	11,382
		338,653	350,921	IBB,209	226,070

	Long-term
	leasehold	Plant and	Fixtures and
	property	machinery	fittings	Total
		E	E
Cost or valuation
At 1 April 2019	600)000	1,160,337	184,596	1,944,933
At 31 March 2020	600,000	1,160,337	184,596	1,944,933
Depreciation
At 1 April 2019	150,000	360,122	175,043	685,165
Charge for the year	6,000	23,207	2,388	31,595
At 31 March 2020	156,000	383,329	177,431	716,760
Net book value
At 31 March 2020	444,000	777,008	7,165	1,228,173
At 31 March 2019	450,000	800,215	9,553	1,259,768

	Long-term
	leasehold	Plant and	Fixtures and
	property	machinery	fittings	Total
		L	F
Cost or valuation
At 1 April 2019	600,000	1,160,337	179,815	1,940,152
At 31 March 2020	600,000	1,160,337	179,8'l5	1,940,152
Depreciation
At 1 April 2019	150,000	360,122	172,279	682,401
Charge for the year	6,000	23,207	1,884	31,091
At 31 March 2020	156,000	383,329	174,163	713,492
Net book value
At 31 March 2020	444,00Q	777,0QB	5,652	1,226,660
At 31 March 2019	450,000	800,215	7,536	1,257,751

Debtors
		Group	Group	Company	Company
		2020	2019	2020	2019
				E	E
Due within one year
Trade debtors		5,617	14,966	5,617	14,966
Amounts owed by group undertakings				25,096
Olher debtors			7,669		7,669
Prepayments	and accrued Income		1,437		1,437
		5,617	24,072	30,713	24,072

Creditors: Amounts falling due within on	e year
	Group 2020	Group 2019	Company 2020	Company 2019
	F.	F.		K
Bank loans and overdrafts	30,976	30,976	30,976	30,976
Trade creditors	18,326	28,984	18,326	28,984
Amounts owed to group undertakings Other taxation and social security	6,341	56,371	24,300	54,130 29,057
Other creditors	2,294	716	2,294	716
Accruals and deferred income	88,831	121,485	86,331	99,267
	146,768	238,532	162,227	243,130

				Group 2020	Group 2019	Company 2020	Company 2019
				F			E
Bank loans				386,621	402,805	386,621	402,805
Other loans				150,000	150,000	150,000	150,000
				536,621	552,805	536,621	552,805
The aggregate		amount	of liabilities	payable or repayable wholiy	or in part more	than five	years after the
reporting date		is;
				Group 2020	Group 2019	Company 2020	Company 2019
				F		E	E
Repayable	by	instalments		262,718	278,902	262,718	278,902

Repayments
	2020	2019
	F	E
Not later than 1 year	30,976	30,978
Later than 1year and not later than 5years Later than 5years	123,902 262,718	123,902 278,902
	417,596	433,780

Statement		offunds	- current year
							Balance at
				Balance at 1			31 March
				April 2019	Income	Expenditure	2020
						E
Unrestricted		funds
Designated		funds
Designated		Funds -	all funda	15,000		(15,000)
General funds
General Funds - all funds				181,862	687,580	(736,675)	'i32,767
Unaliocated		amounis				(4,266)	(4,266)
				'I81,862	687,580	(740,941)	128,501
Total Unrestricted			funds	196,862	687,580	(755,941)	'l28,501
Restricted		funds
Restricted	Funds - all funds			463,474			463,474
Total offunds				660,336	687,580	(755,941)	591,975

18.	Statement	offunds	(continued)
	Statement	of funds	~prior year
							Balance al
				Balance at			31 March
				1 April 2018	Income	Expenditure	2019
				F.	F	F.
	Unrestricted funds
	Designated	funds
	Designated	Funds -	all funds		15,000		15,000
	General funds
	General Funds - all		funds	164,997	807,585	(790,720)	181,862
	Total Unrestricted		funds	164,997	822,585	(790,720)	196,862
	Restricted	funds
	Restricted	Funds - all funds		463,474			463,474
	Total offunds			628,471	822,585	(790,720)	660,336
19.	Summary	offunds
	Summary	offunds	- current year
							Balance at
				Balance at 1			31 March
				April 2019	Income	Expenditure	2020
				k			E
	Designated	funds		15,000		(15,000)
	General funds			181,862	687,580	(740,941)	128,501
	Restricted	funds		463,4?4			463,474
				660,336	687,580	(755,941)	591,975

Summary	offunds - prior year
						Balance ai
		Balance at				31 March
		1 April 2018f	Income f	Expenditure	f	20'I9f
Designated funds General funds		164,997	15,000 807,585	(790,720)		15,000 'l81,862
Restricted	funds	463,474				463,474
		628,471	822,585	(790,720)		660,336

Analysis Anaiysls	of net assets between funds ofnet assets between funds - current period
		Restricted	Unrestricted	Total
		funds	funds	funds
		2020 f	2020 f	2020f
Tangible fixed assets Current assets		463,474	764,699 47,191	1,228,173 4'?,191
Creditors Creditors	due within one year due in more than one year		(146,768) (536,621)	(146,?68) (538,62'I)
Tota I		463,474	128,50'I	591,975
Analysis	of net assets between funds -prior period
		Restricted	Unrestricted	Total
		funds	funds	funds
		2019 f	2019 f	2019f
Tangible Current	Axed assets assets	463,474	796,294 191,906	1,259,768 191,905
Creditors due within one year			(238,532)	(238,532)
Creditors due in more then one year			(552,805)	(562,805)
		463,474	196,862	680,336
Total

								Group	Group
								2020	2019
Net income/expenditure Activities)		for	the	period	(as per Statement		of Financial	(68,361)	31,865
Adjustments for:
Depreciation charges								31,595	32,391
Decrease In stocks								2,511	351
Decrease/(Increase)	In	debtors						(5,441)	25,799
Increasel(decrease)	in	creditors						(57,342)	24,936
Net cash provided	by/(used		In)	operating		activities		(97,038)	1'(5,342

22,	Analysis ofcash and	cash equivalents
			Group	Group
			2020	2019
			E
	Cash In hand		41,574	165,322
	Total cash and cash	equivalents	41,574	165,322
23.	Analysis ofchanges	in net debt

				At 1 April		At 3'I March
				2019	Gash flows	2020
					F
Cash	at bank and ln hand			165,322	(123,748)	41,574
Bank	overdraffs	repayable	on demand	{30,976)		(30,976)
Debt	due after 1 year			{552,805)	16,184	(536,621)
				(418,489)	(107,564)	(626,023)