|Gate Theatre Company|Limited(the)||
|---|---|---|
|Contents|||
|Reference and Administrative
Details|||
|Strategic Report|||
|Chief Executives'
Report||3to 5|
|Trustees'
Report||6to 9|
|Independent
Examiner's|Report|10|
|Statement
of Financial
Activities|||
|Balance Sheet||12|
|Notes to the Financial Statements||13to 27|
|Reference|and Administrative|and Administrative|and Administrative|Details|||||
|---|---|---|---|---|---|---|---|---|
|Chairman||||Joseph Smith|||||
|Trustees||||Charles Prideaux|||||
|||||Sian Alexander|||||
|||||David Lakhdhir|||||
|||||Nicola Cornwell|||||
|||||Nicole Newman|||||
|||||Joseph Smith|||||
|||||Jan Baister|||||
|||||Peter Brathwaite|||||
|||||Sarah Frankcom|||||
|||||Rahul Sinha|||||
|||||Diane Morgan|||||
|||||Rita Laven|||||
|Secretary||||Mohammad
Shawab||Iqbal|||
|Senior Management||I||Ellen McDougall,|Artistic Director||||
|Leadership|Team|||Lise Bell, Executive||Director|||
|||||Moharnmad
Shawab||Iqbal,|Exceutive|Director|
|Charity Registration||Number||280278|||||
|Company|Registration||Number|01495543|||||
|||||The charity
is incorporated|||in England|&Wales.|
|Registered|Office|||11 Pembridge
Road|||||
|||||Above Prince Albert||Pub|||
|||||London|||||
|||||W11 3HQ|||||
|Auditor||||Lucraft Hodgson|&Dawes||LLP||
|||||2/4 Ash Lane|||||
|||||Rustington|||||
|||||Littlehampton|||||
|||||West Sussex|||||
|||||BN16 3BZ|||||
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|(Including
Income and Ex
Losses)|penditure|Account and S|tatement ofTotal|Recognised
Ga|ins and|
|---|---|---|---|---|---|
||Note|Unrestricted
6|Restricted
K|Total
2021|Total
2020
E|
|Income and Endowments|from:|||||
|Donations
and legacies|3|533,082|36,050|569,132|483,497|
|Charitable
activities|4|37,889||37,889|135,586|
|Other trading
activities|5|500||500|15,022|
|Investment
income|6|29||29||
|Total Income||571,500|36,050|607,550|634,105|
|Expenditure
on:||||||
|Raising funds||(77,896)||(77,896)|(69,612)|
|Charitable
activities||(451,462)|(47,538)|(498,998)|(700,866)|
|Total Expenditure||(529,358)|(47,536)|(576,894)|(770,478)|
|Net income/(expenditure)||42,142|(11,486)|30,656|(136,373)|
|Net movement
in funds||42,142|(11,486)|30,656|(136,373)|
|Reconciliation
offunds||||||
|Total funds brought
forward||240,457|23,200|283,657|400,032|
|Total funds carried
forward|21|282,599|11,714|294,313|263,659|
##
##
|Balance Shee|t as|at|31 March 2021||||
|---|---|---|---|---|---|---|
|||||Note|2021
6|2020
F|
|Fixed assets|||||||
|Tangible assets||||16|12,569|22,325|
|Current assets|||||||
|Debtors||||17|104,746|131,918|
|Cash at bank|and|in hand||18|213,395|170,786|
||||||318,141|302,704|
|Creditors: Amounts|||falling due within one year|19|(36,397)|(61,370)|
|Net current assets|||||281,744|241,334|
|Net assets|||||294,313|263,659|
|Funds ofthe|charity:||||||
|Restricted|||||11,714|23,200|
|Unrestricted|income||funds||||
|Designated
Funds|||||47,691|52,466|
|General Funds|||||234,908|187,993|
|Total unrestricted||funds|||282,599|240,459|
|Total funds||||21|294,313|263,659|
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|3
Income from donations|and legacies|and legacies||||
|---|---|---|---|---|---|
||Unrestricted|||||
||Designated
8|General
6|Restricted|Total
2021
E|Total
2020|
|Donations
and legacies;||||||
|Donations
from
individuals|30,000|54,239||84,239|30,682|
|GIR aid reclaimed||19,658||19,658|11,784|
|Grants,
including
capital||||||
|grants;||||||
|Government
grants||398,263||398,263|306,330|
|Grants from other
charities|||36,050|36,050|96,100|
|Regular
giving and capital
donations||30,922||30,922|38,601|
||30,000|503,082|36,050|569,132|483,497|
##
|4|Income|from charitable
activities||||
|---|---|---|---|---|---|
||||Unrestricted|||
||||General
8|Total
2021
K|Total
2020
8|
||Theatre|production|37,889|37,889|135,586|
||||37,889|3788$|135586|
|5|Income|from other trading activities||||
|5
Income|from other trading activities|||||
|---|---|---|---|---|---|
|||Unrestricted||||
|||General
E|Total
2021
8||Total
2020f|
|Fundraising|events income;|||||
|Other events income||500||500|15,022|
|||500||500|15022|
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|6|Investment|income|income|income||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|||
||||||General|Total
2021||
|||||||6||
|Interest receivable|||and similar income;|||||
||Interest receivable|||on bank deposits|29||29|
||||||29||29|
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|a) Costs|ofgener|ating
donat|ions
and le|gacies||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|||
|||||Note|General
5||Total
2020|
|Regular|giving||||168||7,178|
|Marketing|and publicity||||||214|
|Other direct costs
income||of generating|voluntary||12|12|540|
|Allocated|support|costs|||16,238|16,238|14,654|
|Staff costs|||||61,480|61,480|47,026|
||||||77896|77,896|69,612|
||||||Direct costs
5|Allocated
support
costs
5|Total
costs
5|
|Costs of|generating|donations|and legacies||178|16,238|16,416|
|Total for 2021|||||178|16,238|16,416|
|Total for 2020|||||7,932|14,654|22,586|
##
|||||Unrestricted||||
|---|---|---|---|---|---|---|---|
||||Note|General
6|Restricted
5|Total
2021
6|Total
2020f|
|Theatre|production|||52,786|47,536|100,322|346,976|
|Staff costs||||282,224||282,224|241,251|
|Allocated
costs|support|||74,501||74,501|67,237|
|Governance||costs||41,951||41,951|43,402|
|||||451,462|47,536|498998|700,866|
||Activity
undertaken
directly
6|Activity
support
costs
6|Total
2021
6|Total
2020
6|
|---|---|---|---|---|
|Theatre production|100,322|74,501|174,823|174,623|
|Staff costs|282,224||282,224|241,251|
||382546|74,501|457 047|416,074|
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|Governance|costs|||||
|---|---|---|---|---|---|
||||Unrestricted|||
||||General
F|Total
2021
E|Total
2020
E|
|Staff costs||||||
|Wages and|salaries||17,058|17,058|12,835|
|Social security costs|||684|684|764|
|Pension costs|||201|201|231|
|Other staff|costs||5,356|5,356|5,431|
|Audit fees||||||
|Audit ofthe|financial statements||||5,480|
|Independent|examiner fees|||||
|Examination|ofthe financial statements||3,000|3,000||
|Other fees|paid to examiners||500|500||
|Legal fees|||150|150|39|
|Depreciation,|amortisation|and other similar costs|9,755|9,755|14,312|
|Other governance
costs|||5,247|5,247|4,310|
||||41,951|41,951|43,402|
|||2021|2020|
|---|---|---|---|
|||E|E|
|Audit fees|||5,480|
|Depreciation|offixed assets|9,755|14,312|
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|12Staffcosts||||
|---|---|---|---|
|The aggregate|payroll costs were as follows:|||
|||2021f|2020
5|
|Staff costs during the year were:||||
|Wages and salaries||341,153|279,872|
|Social security|costs|16,469|17,283|
|Pension costs||4,025|4,952|
|Other staff costs||5,356|5,431|
|||367,003|307,538|
|charity
duri|ng the yea|r expressed as full time equiv|alents
was as follows:||||
|---|---|---|---|---|---|---|
||||2021||2020||
||||No||No||
|Administration||||15|||
|Production|(including|cast)||8|||
|||||23||17|
##
|13Independ|ent
exa|miner'|s
remuneration||
|---|---|---|---|---|
|||||2021|
|||||5|
|Examination|ofthe financial||statements|3,000|
|Other fees to examiners|||||
|Taxation compliance||services||500|
|14Auditors'|remuneration||||
|||||2020|
|||||8|
|Audit ofthe financial||statements||5,480|
|15Taxation|||||
|The charity is a registered|||charity and is therefore exempt from taxation.||
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|16Tangible fixed assets|||||
|---|---|---|---|---|
||Land and
buildings
f|Furniture
and
equipment|Computer
equipment|Total|
|Cost|||||
|At 1 April 2020|221,584|155,061|88,264|464,909|
|At 31 March 2021|221,584|155,061|88,264|464,909|
|Depreciation|||||
|At 1 April 2020|221,584|143,846|77,154|442,584|
|Charge for the year||5,312|4,444|9,756|
|At 31 March 2021|221,584|149,158|81,598|452,340|
|Net book value|||||
|At 31 March 2021||5,903|6,666|12,569|
|At 31 March 2020||11,215|11,110|22,325|
##
|17Debtors|||
|---|---|---|
||2021|2020|
||E|6|
|Trade debtors|1,160|1,250|
|Prepayments|28,170|12,832|
|Accrued income|19,500|22,500|
|Other debtors|55,916|95,336|
||104,746|131,918|
##
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##
||||||2021|2020|
|---|---|---|---|---|---|---|
|||||||5|
|Cash on hand|||||1,441|2,437|
|Cash at bank|||||200,240|139,149|
|Short-term
deposits|||||11,714|29,200|
||||||213,395|170,786|
|Bank overdrafts||||||(25,000)|
|Cash and cash equivalents|||in statement|ofcash flows|213,395|145,786|
|19Creditors:|amounts|falling due within||one year|||
||||||2021|2020|
||||||8|8|
|Bank overdrafts||||||25,000|
|Trade creditors|||||17,542|11,035|
|Other taxation|and social|security|||4,364|2,946|
|Other creditors|||||5,370|4,495|
|Accruals|||||9,121|17,894|
||||||36397|61,370|
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|21 Funds|||||||
|---|---|---|---|---|---|---|
||||Incoming
resources
6|Resources
expended
E|**T**
f
&
ransfers|Balance at 31
March 2021
0|
|Unrestricted|||||||
|General|||||||
|General
unrestricted||funds|541,501|(529,358)|34,774|46,917|
|Designated|||||||
|Artistic spend (gala
fundraising)|||||(24,774)|(24,774)|
|Support spend|||||(10,000)|(10,000)|
|Rebuilding
Better project|||30,000|||30,000|
|Total Unrestricted|||571,501|(529,358)||42,143|
|Restricted|||||||
|Production
costs|||25,000|(29,000)||(4,000)|
|Apprenticeships|||11,050|(9,000)||2,050|
|OpenGate||||(8,192)|585|(7,607)|
|Other restricted|funds|||(1,344)|(585)|(1,929)|
|Total restricted|||36,050|(47,536)||(11,486)|
|Total funds|||607,551|(576,894)||30,657|
##
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||||Incoming|Resources|Balance at 31|
|---|---|---|---|---|---|
||||resources|expended|March 2020|
|||||6||
|Unrestricted||||||
|General||||||
|General
unrestricted||funds|530,255|(594,391)|(64,136)|
|Designated||||||
|Artistic spend|(gala|fundraising)||(25,000)|(25,000)|
|Sound
proofing||||(8,352)|(6,352)|
|Support spend||||(10,000)|(10,000)|
|Website project||||(7,800)|(7,800)|
|Total unrestricted|||530,255|(643,543)|(113,288)|
|Restricted||||||
|Production
costs|||60,850|(56,850)|4,000|
|Associate director||||(25,000)|(25,000)|
|Apprenticeships||||(18,000)|(18,000)|
|OpenGate|||43,000|(27,085)|15,915|
|Total restricted|||103,850|(126,935)|(23,085)|
|Total funds|||634,105|(770,478)|(136,373)|
##
|||Unrestricted|Unrestricted|||
|---|---|---|---|---|---|
|||General|Designated|Restricted|Total funds|
||||6|F|6|
|Tangible|fixed assets|12,569|||12,569|
|Current|assets|258,736|47,691|11,714|318,141|
|Current|liabilities|(36,397)|||(36,397)|
|Total net assets||234,908|47,691|11,714|294,313|
|||Unrestricted||||
|||General
f|Designated
E|Restricted
6|Total funds
6|
|Tangible|fixed assets|22,326|(t)||22,325|
|Current|assets|202,038|77,466|23,200|302,704|
|Current|liabilities|(35,370)|(25,000)||(61,370)|
|Total net assets||187,994|52,465|23,200|263,659|
##
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|23 Analysis
of n|et funds||||
|---|---|---|---|---|
|||At 1 April|Financing|At 31 March|
|||2020|cash flows|2021|
|||K|8|6|
|Cash at bank and|in hand||42,609|42,609|
|Bank overdraR|||25,000|25,000|
|Net debt|||sr,sog|sr,sos|
|||At 1 April|Financing|At 31 March|
|||2019|cash flows|2020|
||||6|6|
|Cash at bank and|in hand||(171,187)|(171,187)|
|Bank overdraR|||(25,000)|(25,000)|
|Net debt|||(196,187)|(196,187)|