| 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 | 27 |
| Detailed Statement ofFinancial Activities | 28 | to | 30 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | f. | E | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
278,400 | 22,290 | 300,690 | 364,616 | |
| Charitable activities |
|||||
| Theatre activities | 46,940 | 46,940 | 27,617 | ||
| Other trading activities | 31,135 | 31,135 | |||
| Investment income |
847 | 847 | 347 | ||
| Other income | 14,039 | 14,039 | 17,907 | ||
| Total | 371,361 | 22,290 | 393,651 | 410,487 | |
| EXPENDITURE ON | |||||
| Raising funds | 12,233 | 12,233 | 3,901 | ||
| Charitable activities |
|||||
| Theatre activities | 351,121 | 31,512 | 382,633 | 400,898 | |
| Total | 363,354 | 31,512 | 394,866 | 404,799 | |
| NET INCOME/(EXPENDITURE) | 8,007 | (9,222) | (1/15) | 5,688 | |
| RECONCILIATION OFFUNDS | |||||
| Total funds brought forward |
217,814 | 23,500 | 241,314 | 235,626 | |
| TOTAL FUNDS CARRIED FORWARD | 225,821 | 14,278 | 240,099 | 241,314 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | Rnds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Intangible assets |
12 | 2,873 | |||
| Tangible assets | 13 | 2,335 | 2,335 | 326 | |
| 2,335 | 2,335 | 3,199 | |||
| CURRENT ASSETS | |||||
| Debtors | 14 | 37,062 | 37,062 | 32,122 | |
| Cash at bank and in hand | 222,085 | 18,917 | 241,002 | 219,117 | |
| 259,147 | 18,917 | 278,064 | 251,239 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
15 | (35,661) | (4,639) | (40,300) | (13,124) |
| NET CURRENT ASSETS | 223,486 | 14,278 | 237,764 | 238,115 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 225,821 | 14,278 | 240,099 | 241,314 | |
| NET ASSETS | 225,821 | 14,278 | 240,099 | 241,314 | |
| FUNDS | 17 | ||||
| Unrestricted funds |
225,821 | 217,814 | |||
| Restricted funds | 14,278 | 23,500 | |||
| TOTAL FUNDS | 240,099 | 241,314 |
| DONATIONS AND LEGACIES |
||
|---|---|---|
| 2023 | 2022 | |
| E | ||
| Gift aid | 441 | |
| Grant income | 43,290 | 107,956 |
| Donations | 2,035 | 1,736 |
| Core funding | 254,924 | 254,924 |
| 300,690 | 364,616 |
| 2023 | 2022 | |
|---|---|---|
| Darlington Borough Council - Covid assistance, recovery Bccreative support |
20,000 | 26,370 |
| Central Govennnent -Coronavirus Job Retention Scheme |
1,457 | |
| Newcastle City Council |
||
| Redcar and Cleveland Borough Council - Support for covid initiatives | ||
| Tees Valley Combined Authority - Creative support |
11,790 | 31,400 |
| Tees, Esk&Wear Valley - Creative partnering | 9,299 | |
| Total | 31,790 | 68,526 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Deposit account interest | 821 | 347 | ||||
| Other interest received | 26 | |||||
| 847 | 347 | |||||
| 5. | RAISING FUNDS | |||||
| Raising donations | and legacies | |||||
| 2023 | 2022 | |||||
| f. | f. | |||||
| Staffcosts | 11,992 | 3,343 | ||||
| Support costs | 241 | 558 | ||||
| 12,233 | 3,901 | |||||
| 6. | CHARITABLE ACTIVITIES COSTS | |||||
| Grant | Support | |||||
| Direct | funding of | costs (see | ||||
| Costs | activities | note 7) | Totals | |||
| Theatre activities | 262,899 | 200 | 119,534 | 382,633 | ||
| 7. | SUPPORT COSTS | |||||
| Governance | ||||||
| Management | Finance | costs | Totals | |||
| Raising donations | and legacies | 241 | 241 | |||
| Theatre activities | 93,734 | 19,035 | 6,765 | 119,534 | ||
| 93,975 | 19,035 | 6,765 | 119,775 |
| 2023 | 2022 | ||
|---|---|---|---|
| Auditors' remuneration |
3,421 | 2,325 | |
| Other non-audit services |
3,344 | 3,345 | |
| Depreciation - owned | assets | 826 | 528 |
| Website development | amortisation | 2,873 | 5,500 |
| 2023 | 2022 | ||
|---|---|---|---|
| f. | |||
| Wages | and salaries | 173,159 | 154,698 |
| Social | security costs | 7,378 | 8,040 |
| Other | pension costs | 1,983 | 2,124 |
| 182,520 | 164,862 |
| The averag | e monthly number ofemployees during the |
year was as follows: | |
|---|---|---|---|
| 2023 | 2022 | ||
| Management | 2 | 2 | |
| Charitable | activities | 12 | 8 |
| 14 | 10 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| INCOME | AND ENDOWMENTS FROM | |||
| Donations | and legacies | 325,116 | 39,500 | 364,616 |
| Charitable | activities | |||
| Theatre activities | 27,617 | 27,617 | ||
| Investment | income | 347 | 347 | |
| Other income | 17,907 | 17,907 | ||
| Total | 370,987 | 39,500 | 410,487 | |
| EXPENDITURE ON | ||||
| Raising funds | 3,901 | 3,901 | ||
| Charitable | activities | |||
| Theatre activities | 371,635 | 29,263 | 400,898 | |
| Total | 375,536 | 29,263 | 404,799 |
| NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31March 2023 |
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31March 2023 |
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31March 2023 |
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31March 2023 |
|||
|---|---|---|---|---|---|---|
| 11. | COMPARATIVES | FORTHE STATEMENT OFFINANCIAL ACTIVITIES - continued | ||||
| Unrestricted | Restricted | Total | ||||
| f'unds | funds | funds | ||||
| NET INCOME/(EXPENDITURE) | (4,549) | 10,237 | 5,688 | |||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought | forward | 222,363 | 13,263 | 235,626 | ||
| TOTAL FUNDS CARRIED FORWARD | 217,814 | 23,500 | 241,314 | |||
| 12. | INTANGIBLE FIXEDASSETS | |||||
| Website | ||||||
| development | ||||||
| E | ||||||
| COST | ||||||
| At 1April 2022 and | 31 | March 2023 | 27,500 | |||
| AMORTISATION | ||||||
| At 1April 2022 | 24,627 | |||||
| Charge for year | 2,873 | |||||
| At 31March 2023 | 27,500 | |||||
| NET BOOKVALUE | ||||||
| At 31March 2023 | ||||||
| At 31March 2022 | 2,873 | |||||
| 13. | TANGIBLE FIXEDASSETS | |||||
| Fixtures | ||||||
| and | Computer | |||||
| fittings | equipment | Totals | ||||
| COST | ||||||
| At 1 April 2022 | 7,552 | 21,964 | 29,516 | |||
| Additions | 2,835 | 2,835 | ||||
| At 31March 2023 | 10,387 | 21,964 | 32,351 | |||
| DEPRECIATION | ||||||
| At 1 April 2022 | 7,226 | 21,964 | 29,190 | |||
| Charge for year | 826 | 826 | ||||
| At 31March 2023 | 8,052 | 21,964 | 30,016 | |||
| NET BOOKVALUE | ||||||
| At 31March 2023 | 2,335 | 2,335 | ||||
| At 31March 2022 | 326 | 326 |
| DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| 2023 | 2022 | |
| Trade debtors | 9,999 | 2,423 |
| Other debtors | 3,938 | |
| Tax | 21,679 | 29,032 |
| VAT | 203 | |
| Prepayments and accrued income |
1,446 | 464 |
| 37,062 | 32,122 | |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2023 | 2022 | |
| f. | ||
| Trade creditors | 6,074 | 4,038 |
| Social security and other taxes | 3,379 | 3,816 |
| Other creditors | 861 | 695 |
| Wages creditor | 250 | |
| Deferred income | 19,998 | |
| Accrued expenses | 9,738 | 4,575 |
| 40,300 | 13,124 |
| 2023 | 2022 | |
|---|---|---|
| Within one year | 41,652 | 29,000 |
| Between one and five years | 143,810 | 116,000 |
| In more than five years | 446,224 | 438,000 |
| 631,686 | 583,000 |
| MOVEMENT IN | FUNDS | |||
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 1.4.22 | in funds | 31.3.23 | ||
| E | ||||
| Unrestricted funds |
||||
| General fund | 217,814 | (37,583) | 180,231 | |
| Capital Repayment | fund - designated | 30,000 | 30,000 | |
| Hullabaloo in the Park - designated |
15,000 | 15,000 | ||
| Creative Play Sessions - designated | 590 | 590 | ||
| 217,814 | 8,007 | 225,821 | ||
| Restricted funds | ||||
| Capital project | 10,000 | (3,139) | 6,861 | |
| EFFLittle Wonders | ||||
| 13,500 | (13,500) | |||
| Hullabaloo in the Park |
7,018 | 7,018 | ||
| Play on Prescription | 399 | 399 | ||
| 23,500 | (9,222) | 14,278 | ||
| TOTAL FUNDS | 241,314 | (1,215) | 240,099 | |
| Net movement in funds, included in the above are as follows: |
||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General fund | 325,361 | (362,944) | (37,583) | |
| Capital Repayment | fund - designated | 30,000 | 30,000 | |
| Hullabaloo in the Park - designated |
15,000 | 15,000 | ||
| Creative Play Sessions - designated | 1,000 | (410) | 590 | |
| 371,361 | (363,354) | 8,007 | ||
| Restricted funds | ||||
| Capital project | (3,139) | (3,139) | ||
| EFFLittle Wonders | ||||
| (13,500) | (13,500) | |||
| Hullabaloo in the Park |
17„290 | (10,272) | 7,018 | |
| Play on Prescription | 5,000 | (4,601) | 399 | |
| 22,290 | (31,512) | (9,222) | ||
| TOTAL FUNDS | 393,651 | (394,866) | (1,215) |
| 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 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| f, | |||||
| 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 1.4.21 | in funds | 31.3.23 | ||
| Unrestricted funds |
||||
| General fund | 222,363 | (42,132) | 180,231 | |
| Capital Repayment | fund - designated | 30,000 | 30,000 | |
| Hullabaloo in the Park - designated |
15,000 | 15,000 | ||
| Creative Play Sessions - designated | 590 | 590 | ||
| 222,363 | 3,458 | 225,821 | ||
| Restricted funds | ||||
| Capital project | 10,000 | (3,139) | 6,861 | |
| Hullabaloo Programme |
3,263 | (3,263) | ||
| Hullabaloo in the Park |
7,018 | 7,018 | ||
| Play on Prescription | 399 | 399 | ||
| 13,263 | 1,015 | 14,278 | ||
| TOTAL FUNDS | 235,626 | 4,473 | 240,099 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| f. | ||||
| Unrestricted funds |
||||
| General fund | 696,348 | (738,480) | (42,132) | |
| Capital Repayment | fund - designated | 30,000 | 30,000 | |
| Hullabaloo in the Park - designated |
15,000 | 15,000 | ||
| Creative Play Sessions - designated | 1,000 | (410) | 590 | |
| 742,348 | (738,890) | 3,458 | ||
| Restricted funds | ||||
| Capital project | (3,139) | (3,139) | ||
| Hullabaloo Programme |
(3,263) | (3,263) | ||
| EFFLittle Wonders | ||||
| 39,500 | (39,500) | |||
| Hullabaloo in the Park |
17,290 | (10,272) | 7,018 | |
| Play on Prescription | 5,000 | (4,601) | 399 | |
| 61,790 | (60,775) | 1,015 | ||
| TOTAL FUNDS | 804,138 | (799,665) | 4,473 | |
| Details ofdesignated | funds:- |
| for the Year Ended 3 | 1March 2023 | ||
|---|---|---|---|
| 2023 | 2022 | ||
| E | |||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies | |||
| Gift aid | 441 | ||
| Grant income | 43,290 | 107,956 | |
| Donations | 2,035 | 1,736 | |
| Core funding | 254,924 | 254,924 | |
| 300,690 | 364,616 | ||
| Other trading activities | |||
| Sales | 83 | ||
| Sponsorships | 30,000 | ||
| Party hosting | 1,052 | ||
| 31,135 | |||
| Investment income |
|||
| Deposit account interest | 821 | 347 | |
| Other interest received | 26 | ||
| 847 | 347 | ||
| Charitable activities |
|||
| Production income |
45,840 | 27,617 | |
| Earned income | 1,100 | ||
| 46,940 | 27,617 | ||
| Other income | |||
| Other income | 2,709 | 177 | |
| Theatre Tax Relief | 11,330 | 17,730 | |
| 14,039 | 17,907 | ||
| Total incoming resources | 393,651 | 410,487 | |
| EXPENDITURE | |||
| Raising donations | and legacies | ||
| Wages | 11,203 | 3,113 | |
| Social security | 726 | 206 | |
| Pensions | 63 | 24 | |
| 11,992 | 3,343 | ||
| Charitable activities |
|||
| Wages | 126,103 | 120,140 | |
| Carried forward | 126,103 | 120,140 |
| for the Year Ended 31Ma | rch 2023 | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Charitable activities |
|||
| Brought forward | 126,103 | 120,140 | |
| Social security | 4,696 | 6,075 | |
| Pensions | 1,484 | 1,573 | |
| Production costs |
11,973 | 25,364 | |
| Directors and designers | 6,369 | 33,031 | |
| Sets and props | 8,470 | 12,694 | |
| Actors and artists fees | 7,850 | 23,427 | |
| Musicians fees | 1,628 | 6 | |
| Royalties | 1,756 | 2,744 | |
| Marketing | 32,313 | 35,992 | |
| Touring company fees | 46,429 | 14,340 | |
| Touring travel and subsistence | 10,851 | 7,626 | |
| Management fees |
2,977 | 4,108 | |
| Grants to institutions | 200 | ||
| 263,099 | 287,120 | ||
| Support costs | |||
| Management | |||
| Wages | 23,810 | 17,735 | |
| Social security | 1,302 | 988 | |
| Pensions | 274 | 277 | |
| Insurance | 2,211 | 1,949 | |
| Print, post and stationery | 359 | 1,162 | |
| Sundries | 666 | 512 | |
| Rent, rates and utilities | 30,919 | 19,109 | |
| Subscriptions | 2,693 | 1,957 | |
| ITsupport and maintenance | 8,511 | 8,311 | |
| Bank charges | 827 | 489 | |
| Repairs and maintenance | 323 | 1,731 | |
| Professional fees |
2,315 | 2,302 | |
| Consultancy fees |
6,024 | 13,440 | |
| Training and welfare | 886 | 2,369 | |
| Travel and subsistence | 580 | 1,183 | |
| Recruitment expenses |
5,122 | 409 | |
| Refreshments | 378 | 235 | |
| Irrecoverable input VAT |
3,071 | 13,745 | |
| Amortisation ofintangible |
fixed assets | 2,873 | 5,500 |
| Depreciation oftangible and heritage assets | 826 | 528 | |
| Interest on late paid tax | 5 | 4 | |
| 93,975 | 93,935 | ||
| Finance | |||
| Wages | 12,043 | 13,710 | |
| Social security | 654 | 771 | |
| Pensions | 162 | 250 | |
| Freelance staff | 6,176 | ||
| 19,035 | 14,731 |
| for the Year Ended 31M | arch 2023 | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Finance | |||
| Governance costs |
|||
| Auditors' remuneration |
3,421 | 2,325 | |
| Auditors' remuneration |
for non audit work | 3,344 | 3,345 |
| 6,765 | 5,670 | ||
| Total resources expended | 394,866 | 404,799 | |
| Net (expenditure)/income | (1,215) | 5,688 |