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|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|
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|||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|
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|||||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|
##
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|||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|
##
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||||||||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||||
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||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||
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|||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||
##
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||||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||
##
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##
|||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|
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||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|
##
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##
||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|
##
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|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|
##
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|||||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|
##
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##
|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|||||
##
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##
|||||||||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)|
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