| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 7 |
| Report ofthe Independent Auditors |
8 | to | 10 |
| Statement ofFinancial Activities | |||
| Balance Sheet | 12 | to | 13 |
| Notes to the Financial Statements | 14 | to | 23 |
| Detailed Statement ofFinancial Activities | 24 | to | 25 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Notes | ||||||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Donations and legacies |
325,116 | 39,500 | 364,616 | 373,678 | ||||
| Charitable activities |
||||||||
| Theatre activities | 27,617 | 27,617 | 1,000 | |||||
| Investtnent income |
347 | 347 | ||||||
| Other income | 17,907 | 17,907 | 1,869 | |||||
| Total | 370,987 | 39,500 | 410„487 | 376,547 | ||||
| EXPENDITURE | ON | |||||||
| Raising funds | 3,901 | 3,901 | 35,954 | |||||
| Charitable activities |
||||||||
| Theatre activities | 371,635 | 29,263 | 400,898 | 241,239 | ||||
| Total | 375,536 | 29,263 | 404,799 | 277,193 | ||||
| NET INCOME/(EXPENDITURE) | (4,549) | 10,237 | 5,688 | 99,354 | ||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought | forward | 222,363 | 13,263 | 235,626 | 136,272 | |||
| TOTAL FUNDS CARRIED FORWARD | 2]7,814 | 23,500 | 241,314 | 235,626 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Intangible assets |
11 | 2,873 | 2,873 | 8,373 | |
| Tangible assets | 12 | 326 | 326 | 854 | |
| 3,199 | 3,199 | 9,227 | |||
| CURRENT ASSETS | |||||
| Debtors | 13 | 32,122 | 32,122 | 35,504 | |
| Cash at bank and in hand | 195,617 | 23,500 | 219,117 | 202,586 | |
| 227,739 | 23,500 | 251,239 | 238,090 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
14 | (13,124) | (13,124) | (11,691) | |
| NET CURRENT ASSETS | 214,615 | 23,500 | 238,115 | 226,399 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 217,814 | 23,500 | 241,314 | 235,626 | |
| NET ASSETS | 217,814 | 23,500 | 241,314 | 235,626 | |
| FUNDS | 16 | ||||
| Unrestricted funds |
217,814 | 222,363 | |||
| Restricted funds | 23,500 | 13,263 | |||
| TOTAL FUNDS | 241,314 | 235,626 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Grant income | 107,956 | 118,645 | |||||
| Donations | 1,736 | 109 | |||||
| Core funding | 254,924 | 254,924 | |||||
| 364,616 | 373,678 | ||||||
| The charity received | the following | government | grants (included | above):— | |||
| 2022 | 2021 | ||||||
| Darlington Borough |
Council - Covid assistance, | recovery k, creative support | 26,370 | 20,000 | |||
| Central Government | - | Coronavirus | Job Retention Scheme |
1,457 | 38,317 | ||
| Newcastle City Council |
600 | ||||||
| Redcar and Cleveland | Borough Council - Support for covid initiatives | 8,250 | |||||
| Tees Valley Combined | Authority | -Creative support | 31,400 | 20,024 | |||
| Tees, Esk ScWear Valley - Creative partnering | 9,299 | ||||||
| Total | 68,526 | 87,191 |
| Raising donations | and legacies | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Staffcosts | 3,343 | 35,954 | ||||
| Support costs | 558 | |||||
| 3,901 | 35,954 | |||||
| 5. | CHARITABLE ACTIVITIES COSTS | |||||
| Support | ||||||
| Direct | costs (see | |||||
| Costs | note 6) | Totals | ||||
| Theatre activities | 287,120 | 113,778 | 400,898 | |||
| 6. | SUPPORT COSTS | |||||
| Governance | ||||||
| Management | Finance | costs | Totals | |||
| Raising donations | and legacies | 558 | 558 | |||
| Theatre activities | 93,377 | 14,73] | 5,670 | 113,778 | ||
| 93„935 | 14,731 | 5,670 | 114,336 |
| 2022 | 2021 | ||
|---|---|---|---|
| Auditors' remuneration |
2,325 | 2,100 | |
| Other non-audit services |
3,345 | 1,775 | |
| Depreciation - owned | assets | 528 | 1,874 |
| Website development | amortisation | 5,500 | 5,500 |
| 2022 | 2021 | ||
|---|---|---|---|
| Wages | and salaries | 154,698 | 138,433 |
| Social | security costs | 8,040 | 8,645 |
| Other | pension costs | 2, 124 | 2,083 |
| 164,862 | 149,161 |
| The average monthly | number ofemployees | during | the year was as follows: | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Management | 2 | 1 | |||
| Charitable activities |
8 | 6 | |||
| 10 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
339,428 | 34,250 | 373,678 | ||
| Charitable activities |
|||||
| Theatre activities | 1,000 | 1,000 | |||
| Other income | 1,869 | 1,869 | |||
| Total | 342,297 | 34,250 | 376,547 | ||
| EXPENDITURE ON | |||||
| Raising funds | 35,954 | 35,954 | |||
| Charitable activities |
|||||
| Theatre activities | 204,419 | 36,820 | 241,239 | ||
| Total | 240,373 | 36,820 | 277,193 | ||
| NET INCOME/(EXPENDITURE) | 101,924 | (2,570) | 99,354 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward |
120,439 | 15„833 | 136,272 | ||
| TOTAL FUNDS CARRIED FORWARD | 222,363 | 13,263 | 235,626 |
| Website | |||||
|---|---|---|---|---|---|
| development | |||||
| COST | |||||
| At 1 April 2021 and 31 March 2022 | 27,500 | ||||
| AMORTI SATION | |||||
| At 1 April 2021 | 19,127 | ||||
| Charge for year | 5,500 | ||||
| At 31 March | 2022 | 24,627 | |||
| NET BOOK VALUE | |||||
| At 31 March | 2022 | 2,873 | |||
| At 31 March | 2021 | 8,373 | |||
| 12. | TANGIBLE | FIXEDASSETS | |||
| Fixtures | |||||
| and | Computer | ||||
| fittings | equipment | Totals | |||
| COST | |||||
| At 1 April 2021 and 31March 2022 | 7,552 | 21,964 | 29,516 | ||
| DEPRECIATION | |||||
| At 1 April 2021 | 6,883 | 21,779 | 28,662 | ||
| Charge for year | 343 | 185 | 528 | ||
| At 31 March | 2022 | 7,226 | 21,964 | 29,190 | |
| NET BOOK | VALUE | ||||
| At 31 March | 2022 | 326 | 326 | ||
| At 31 March | 2021 | 669 | 185 | 854 | |
| 13. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 7021 | ||||
| Trade debtors | 2,423 | 1,176 | |||
| Other debtors | 1„809 | ||||
| Tax | 29,032 | 22,826 | |||
| VAT | 203 | ||||
| Prepayments | and accrued income | 464 | 9,693 | ||
| 32,122 | 35,504 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN O | NE YEAR | |
|---|---|---|
| 2022 | 2021 | |
| Trade creditors | 4,038 | 3,096 |
| Social security and other taxes | 3,816 | |
| VAT | 2,235 | |
| Other creditors | 695 | 85 |
| Accrued expenses | 4,575 | 6,275 |
| 13,124 | 11,691 |
| 2022 | 2021 | |
|---|---|---|
| Within one year | 29,000 | 13,333 |
| Between one and five years | 116,000 | 53,333 |
| In more than five years | 438,000 | 222,222 |
| 583,000 | 288,888 |
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At 1.4.21 | in funds | 31.3.22 | |
| Unrestricted funds |
|||
| General fund | 222,363 | (4,549) | 217,814 |
| Restricted funds | |||
| Capital project | 10,000 | 10,000 | |
| Hullabaloo Programme |
3,263 | (3,263) | |
| EFFLittle Wonders | |||
| 13,500 | 13,500 | ||
| 13,263 | 10,237 | 23,500 | |
| TOTAL FUNDS | 235,626 | 5,688 | 241,314 |
| Inconl1ng | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 370,987 | (375,536) | (4,549) |
| Restricted funds | |||
| Hullabaloo Programme |
(3,263) | (3,263) | |
| EFFLittle Wonders | |||
| 39,500 | (26,000) | 13,500 | |
| 39,500 | (29,263) | 10,237 | |
| TOTAL FUNDS | 410,487 | (404,799) | 5,688 |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1.4.20 | in funds | 31.3.21 | |||
| E | |||||
| Unrestricted | funds | ||||
| General fund | 120,439 | 101,924 | 222,363 | ||
| Restricted | funds | ||||
| Capital project | 10,000 | 10,000 | |||
| Hullabaloo | Programme | 5,833 | (2,570) | 3,263 | |
| 15,833 | (2,570) | 13,263 | |||
| TOTAL FUNDS | 136,272 | 99,354 | 235,626 |
| Inconllng | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 342,297 | (240,373) | 101,924 |
| Restricted funds | |||
| Hullabaloo Programnle |
34,250 | (36,820) | (2,570) |
| TOTAL FUNDS | 376,547 | (277,193) | 99,354 |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.20 | in funds | 31.3.22 | |
| Unrestricted funds |
|||
| General fund | 120,439 | 97,375 | 217,814 |
| Restricted funds | |||
| Capital project | 10,000 | 10,000 | |
| Hullabaloo Progranune |
5,833 | (5,833) | |
| EFFLittle Wonders | |||
| 13,500 | 13,500 | ||
| 15,833 | 7,667 | 23,500 | |
| TOTAL FUNDS | 136,272 | 105,042 | 241,314 |
| Inconllng | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General fund | 713,284 | (615,909) | 97,375 | |
| Restricted | funds | |||
| Hullabaloo | Programme | 34,250 | (40,083) | (5,833) |
| EFFLittle | Wonders | |||
| 39,500 | (26,000) | 13,500 | ||
| 73,750 | (66,083) | 7,667 | ||
| TOTAL FUNDS | 787,034 | (681,992) | 105,042 |
| DETAILED | STATEMENT OF FINANCIAL ACTIVITIES | ||||
|---|---|---|---|---|---|
| for the Year Ended 31March 2022 | |||||
| 2022 | 2021 | ||||
| INCOME AND | ENDOWMENTS | ||||
| Donations and legacies |
|||||
| Grant income | 107,956 | 118,645 | |||
| Donations | 1,736 | 109 | |||
| Core funding | 254,924 | 254,924 | |||
| 364,616 | 373,678 | ||||
| Investment income |
|||||
| Deposit account | interest | 347 | |||
| Charitable activities |
|||||
| Production income |
27,617 | 1,000 | |||
| Other income | |||||
| Other income | 177 | ||||
| Theatre Tax Relief | 17,730 | 1,869 | |||
| 17,907 | 1,869 | ||||
| Total incoming | resources | 410,487 | 376,547 | ||
| EXPENDITURE | |||||
| Raising donations | and legacies | ||||
| Wages | 3,113 | 33,850 | |||
| Social security | 206 | 2,104 | |||
| Pensions | 24 | ||||
| 3,343 | 35,954 | ||||
| Charitable activities |
|||||
| Wages | ]20,140 | 43,576 | |||
| Social security | 6,075 | 2,641 | |||
| Pensions | 1,573 | 2,083 | |||
| Production costs |
25,364 | 12,064 | |||
| Directors and designers | 33,031 | 10,917 | |||
| Sets and props | 12,694 | 15,260 | |||
| Actors fees | 23,427 | 2,830 | |||
| Musicians fees |
6 | ||||
| Royalties | 2,744 | ||||
| Marketing | 35,992 | 16,246 | |||
| Touring company | fees | 14,340 | |||
| Touring travel and subsistence | 7,626 | 32 | |||
| Management fees |
4,108 | ||||
| 287,120 | 105,649 |
| DETAILED STATEMENT OF FINAN for the Year Ended 31 Ma |
CIAL ACTIVITIES rch 2022 |
||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Support costs | |||||
| Management | |||||
| Wages Social security |
17,735 988 |
31,704 1,376 |
|||
| Pensions | 277 | ||||
| Insurance | 1,949 | 1,949 | |||
| Print, post and stationery Sundries |
1,162 512 |
1,398 | |||
| Rent | 19,109 | 17,295 | |||
| Subscriptions | 1,957 | 1,224 | |||
| ITsupport and maintenance |
8,311 | 6,616 | |||
| Bank charges | 489 | 55 | |||
| Repairs and maintenance | 1,731 | 7,202 | |||
| Professional | fees | 2,302 | 7,928 | ||
| Consultancy | fees | 13,440 | 350 | ||
| Training and |
welfare | 2,369 | 1,925 | ||
| Travel and subsistence | 1,183 | 637 | |||
| Recruitment | expenses | 409 | 693 | ||
| Refreshments | 235 | ||||
| Irrecoverable | mput VAT | 13,745 | 12,161 | ||
| Ainortisation | ofintangible | fixed assets | 5,500 | 5,500 | |
| Depreciation | oftangible | and heritage assets | 528 | 1,875 | |
| Interest on late paid tax | 4 | ||||
| 93,935 | 99,888 | ||||
| Finance | |||||
| Wages | 13,710 | 29,303 | |||
| Social security | 771 | 2,524 | |||
| Pensions | 250 | ||||
| 14,731 | 31,827 | ||||
| Governance | costs | ||||
| Auditors' remuneration |
2,325 | 2,100 | |||
| Auditors' remuneration |
for | non audit work | 3,345 | 1,775 | |
| 5,670 | 3,875 | ||||
| Total resources | expended | 404,799 | 277,193 | ||
| Net income | 5,688 | 99,354 |