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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|9|
|Report ofthe Independent
Auditors|10|to|12|
|Statement ofFinancial Activities||13||
|Balance Sheet|14|to|15|
|Notes to the Financial Statements|16|to|24|
|Detailed Statement ofFinancial Activities|25|to|26|
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|||f|or the Year|Ended 31March 2|021|||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|||||
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||339,428|34,250|373,678|426,098|
|Charitable
activities||||||||
|Theatre activities||||1,000||1,000|62,751|
|Investment
income|||||||341|
|Other income||||1,869||1,869|10,490|
|Total||||342,297|34,250|376,547|499,680|
|EXPENDITURE ON||||||||
|Raising funds||||35,954||35,954|42,211|
|Charitable
activities||||||||
|Theatre activities||||204,419|36,820|241,239|473,833|
|Total||||240,373|36,820|277,193|516,044|
|NET INCOME/(EXPENDITURE)||||101,924|(2,570)|99,354|(16,364)|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||120,439|15,833|136,272|152,636|
|TOTAL FUNDS CARRIED FORWARD||||222,363|13,263|235,626|136,272|
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|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Intangible
assets||8,373||8,373|13,873|
|Tangible assets||854||854|2,728|
|||9,227||9,227|16,601|
|CURRENT ASSETS||||||
|Debtors||35,504||35,504|85,095|
|Cash at bank and in hand||189,323|13,263|202,586|76,827|
|||224,827|13,263|238,090|161,922|
|CREDITORS||||||
|Amounts
falling due within one year|10|(11,691)||(11,691)|(42,251)|
|NET CURRENT ASSETS||213,136|13,263|226,399|119,671|
|TOTAL ASSETSLESSCURRENT|LIABILITIES|222,363|13,263|235,626|136,272|
|NET ASSETS||222,363|13,263|235,626|136,272|
|FUNDS|12|||||
|Unrestricted
funds||||222,363|120,439|
|Restricted funds||||13,263|15,833|
|TOTAL FUNDS||||235,626|136,272|
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|INVESTMENT INCOME|||
|---|---|---|
||2021|2020|
|Deposit account interest||341|
|NET INCOME/(EXPENDITURE)|||
|Net income/(expenditure)
is stated after charging/(crediting):|||
||2021|2020|
|Auditors'
remuneration|2,100|2,025|
|Depreciation
- owned assets|1,874|2,351|
|Website development
amortisation|5,500|5,500|
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|The averag|e monthly
number ofemployees
during
the ye|ar was as follows:||
|---|---|---|---|
|||2021|2020|
|Management||1|2|
|Charitable|activities|6|6|
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||NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31March 2021|NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31March 2021|NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31March 2021||
|---|---|---|---|---|
|COMPARATIVES|(YEAR ENDED 31MARCH 2020)FOR THE STATEMENT OF FINANCIAL|||ACTIVITIES|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|INCOME AND ENDOWMENTS FROM|||||
|Donations
and legacies||299,252|126,846|426,098|
|Charitable
activities|||||
|Theatre activities||62,751||62,751|
|Investment
income||341||341|
|Other income||10,490||10,490|
|Total||372,834|126,846|499,680|
|EXPENDITURE ON|||||
|Raising funds||42,211||42,211|
|Charitable
activities|||||
|Theatre activities||330,820|143,013|473,833|
|Total||373,031|143,013|516,044|
|NET INCOME/(EXPENDITURE)||(197)|(16,167)|(16,364)|
|RECONCILIATION|OF FUNDS||||
|Total funds brought|forward|120,636|32,000|152,636|
|TOTAL FUNDS CARRIED FORWARD||120,439|15,833|136,272|
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||||||Website|
|---|---|---|---|---|---|
||||||development|
|COST||||||
|At 1 April 2020 and 31 March 2021|||||27,500|
|AMORTISATION||||||
|At 1 April 2020|||||13,627|
|Charge for year|||||5,500|
|At 31March|2021||||19,127|
|NET BOOK VALUE||||||
|At 31March|2021||||8,373|
|At 31March|2020||||13,873|
|TANGIBLE|FIXEDASSETS|||||
||||Fixtures|||
||||and|Computer||
||||fittings|equipment|Totals|
|COST||||||
|At 1 April 2020 and 31March 2021|||7,552|21,964|29,516|
|DEPRECIATION||||||
|At 1 April 2020|||6,541|20,247|26,78&|
|Charge for year|||342|1,532|1,874|
|At 31March|2021||6,883|21,779|28,662|
|NET BOOK|VALUE|||||
|At 31March|2021||669|185|854|
|At 31 March|2020||1,011|1,717|2,728|
|DEBTORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|||||2021|2020|
|Trade debtors||||1,176|9,147|
|Other debtors||||1,809||
|Theatre Tax and Museums||and Galleries Exhibition Tax Reliefs||22,826|35,734|
|VAT|||||4,701|
|Prepayments|and accrued|income||9,693|35,513|
|||||35,504|85,095|
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|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE|YEAR||
|---|---|---|
||2021|2020|
|Trade creditors|3,096|516|
|Social security and other taxes||2,727|
|VAT|2,235||
|Other creditors|85|35,058|
|Accrued expenses|6,275|3,950|
||11,691|42,251|
|||2021|2020|
|---|---|---|---|
|Within one year||13,333|16,000|
|Between one and five years||53,333|64,000|
|In more than five years||222,222|288,000|
|||288,888|368,000|
|MOVEMENT IN FUNDS||||
|||Net||
|||movement|At|
||At 1.4.20|in funds|31.3.21|
|Unrestricted
funds||||
|General fund|120,439|101,924|222,363|
|Restricted
funds||||
|Capital project
Hullabaloo
Programme|10,000
5,833|~2,070)|10,000
3,263|
||15,833|~2,070)|13,263|
|TOTAL FUNDS|136,272|99,354|235,626|
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|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted
funds|||||
|General fund||342,297|(240,373)|101,924|
|Restricted
funds|||||
|Hullabaloo
Programme||34,250|(36,820)|(2,570)|
|TOTAL FUNDS||376,547|~277,193)|99,354|
|Comparatives
(Year Ended 31March 2020) for movement|in funds||||
||||Net||
||||movement|At|
|||At 1.4.19|in funds|31.3.20|
|Unrestricted
funds|||||
|General fund||120,636|(197)|120,439|
|Restricted
funds|||||
|Capital project||10,000||10,000|
|Hullabaloo
Programme||22,000|~16,167)|5,833|
|||32,000|~16,167|15,833|
|TOTAL FUNDS||152,636|~16,364)|136,272|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||372,834|(373,031)|(197)|
|Restricted funds|||||
|Hullabaloo
Programme||66,666|(82,833)|(16,167)|
|Great Places|Scheme|60,180|~60,100)||
|||126,846|~143,013|~16,167)|
|TOTAL FUNDS||499,680|(516,044)|~16,364)|
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|||Net||
|---|---|---|---|
|||movement|At|
||At 1.4.19|in funds|31.3.21|
|Unrestricted
funds||||
|General fund|120,636|101,727|222,363|
|Restricted funds||||
|Capital project|10,000||10,000|
|Hullabaloo
Programme|22,000|~18,737)|3,263|
||32,000|~18,737)|13,263|
|TOTAL FUNDS|152,636|82,990|235,626|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||715,131|(613,404)|101,727|
|Restricted
funds|||||
|Hullabaloo
Programme||100,916|(119,653)|(18,737)|
|Great Places|Scheme|60,180|~60,180)||
|||161,096|~179,833)|~18,737}|
|TOTAL FUNDS||876,227|~793,237)|82,990|
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|||CLEVELAN|D INDEPENDENT THEATRE COMPANY
LIMITED|||
|---|---|---|---|---|---|
|||DETAILED|STATEMENT OF FINANCIAL ACTIVITIES|||
||||for the Year Ended 31March 2021|||
|||||2021|2020|
|INCOME AND||ENDOWMENTS||||
|Donations
and|legacies|||||
|Gift aid|||||209|
|Grant income||||118,645|170,996|
|Donations||||109|4,575|
|Core funding||||254,924|250,318|
|||||373,678|426,098|
|Investment
income||||||
|Deposit account|interest||||341|
|Charitable
activities||||||
|Production
income||||1,000|62,751|
|Other income||||||
|Other income|||||490|
|Theatre Tax Relief||||1,869|10,000|
|||||1,869|10,490|
|Total incoming|resources|||376,547|499,680|
|EXPENDITURE||||||
|Raising donations||and legacies||||
|Wages||||33,850|39,484|
|Social security||||2,104|2,727|
|||||35,954|42,211|
|Charitable
activities||||||
|Wages||||43,576|63,121|
|Social security||||2,641|4,264|
|Pensions||||2,083|2,263|
|Production
costs||||12,064|14,939|
|Directors and designers||||10,917|18,596|
|Sets and props||||15,260|20,529|
|Actors fees||||2,830|44,338|
|Musicians
fees|||||3,077|
|Royalties|||||4,721|
|Marketing||||16,246|45,986|
|Touring company||fees|||64,930|
|Carried forward||||105,617|286,764|
##
||for the Year Ende|d 31March 2021||
|---|---|---|---|
|||2021|2020|
|Charitable
activities||||
|Brought forward||105,617|286,764|
|Touring travel|and subsistence|32|34,914|
|Management|fees||6,177|
|||105,649|327,855|
|Support costs||||
|Management||||
|Wages||31,704|31,867|
|Social security||1,376|1,732|
|Insurance||1,949|1,931|
|Print, post and stationery|||1,071|
|Sundries||1,398|643|
|Rent||17,295|20,475|
|Subscriptions||1,224|2,180|
|ITsupport
and maintenance||6,616|7,317|
|Bank charges||55|385|
|Leasing ofequipment|||239|
|Repairs and|maintenance|7,202|1,553|
|Professional|fees|7,928|7,182|
|Consultancy|fees|350|1,445|
|Training
and|welfare|1,925|1,377|
|Travel and subsistence||637|4,210|
|Recruitment|expenses|693|852|
|Refreshments|||940|
|VAT manual|adjustments|12,161|11,657|
|Amoitisation|ofwebsite|5,500|5,500|
|Fixtures and|fittings|343|389|
|Computer
equipment||1,532|1,961|
|||99,888|104,906|
|Finance||||
|Wages||29,303|34,929|
|Social security||2,524|2,343|
|||31,827|37,272|
|Governance|costs|||
|Auditors'
remuneration||2,100|2,025|
|Accountancy|fees|1,775|1,775|
|||3,875|3,800|
|Total resources|expended|277,193|516,044|
|Net income/(expenditure)||99,354|~16,364)|