|Gate Theatre Company|Limited(the)||
|---|---|---|
|Contents|||
|Reference and Administrative
Details|||
|Strategic Report|||
|Chief Executive's
Report||3to 5|
|Trustees'
Report||6to 10|
|Independent
Examiner's|Report||
|Statement of Financial
Activities||12|
|Balance Sheet||13|
|Notes to the Financial Statements||14to27|
##
|Reference|and Administrative|and Administrative|and Administrative|Details|||||
|---|---|---|---|---|---|---|---|---|
|Chair||||Ms Sharmishta||Chakrabarti|||
|Trustees||||Sian Alexander|||||
|||||David Lakhdhir|||||
|||||Jan Baister|||||
|||||Sarah Frankcom|||||
|||||Rahul Sinha|||||
|||||Ms Sharmishia||Chakrabarti|||
|||||Mr Jason Femandez|||||
|||||Mr Jonathan
Charles Evans|||||
|Secretary||||Lucy Jane Perman|||||
|||||Ms Nicola Clemente|||||
|Senior Management||I||Nicola Clemenis,||Executive|Director and CEO||
|Leadership|Team|||Stef O'Driscoll,|Interim Artistic Director||||
|Charity Registration||Number||280278|||||
|Company|Registration||Number|01495543|||||
|||||The charity is incorporated|||in England|&Wales.|
|Registered|Office|||26 Crowndale|Road||||
|||||London|||||
|||||NW11 1TT|||||
|Auditor||||Lucraft Hodgson||&Dawes|LLP||
|||||2/4 Ash Lane|||||
|||||Rustington|||||
|||||Littlehampton|||||
|||||West Sussex|||||
|||||BN16 3BZ|||||
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|(Including
Income
Losses)|and Ex|penditure|Account and Stat|ement ofTotal|Recognised Ga|ins and|
|---|---|---|---|---|---|---|
||||Unrestricted
E||Total
2022
6|Total
2021
8|
|Income and Endowments||from:|||||
|Donations
and legacies||3|843,461|52,500|sas,as1|669,132|
|Charitable
activities||4|5,029||5,029|37,689|
|Other trading
activities||5||||600|
|Investment
income||6||||29|
|Total Income|||848,533|52,500|901,033|607,550|
|Expenditure
on:|||||||
|Raising funds|||(62,102)||(62,102)|(77,896)|
|Charitable
activities|||(507,340)|(3,000)|(510,340)|(498,998)|
|TotalExpenditure|||(589W2)|(3,000)|(572,442)|(576,894)|
|Net income|||279,091|4$,500|328,5$1|30,856|
|Net movement
in funds|||279,091|49,500|328/91|30,656|
|Reconciliation
offunds|||||||
|Total funds brought|forward||282,601|11,714|294,315|263,657|
|Total funds carried
forward||20|561,692|61,214|622,908|294,313|
##
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||6||
|Fixed assets||||||
|Tangible assets|||15|3,628|12,569|
|Current assets||||||
|Debtors|||16|265,807|104,746|
|Cash at bank and in hand|||17|406,264|213,395|
|||||672,071|318,141|
|Creditors: Amounts||falling due within one year|18|(52,793)|(36,397)|
|Net current assets||||61a,27s|2s1,744|
|Net assets||||522,908|2$4,313|
|Funds ofthe charity:||||||
|Restricted||||61,214|11,714|
|Unrestricted
income||funds||||
|Designated
Funds||||242,691|47,691|
|General Funds||||31$,001|234,906|
|Total unrestricted|funds|||es1,e$2|2s2,eaa|
|Total funds|||20|622,$06|2$4,313|
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|||Unrestricted|||
|---|---|---|---|---|
|||General|Total
2022|Total
2021|
||||5|5|
|Theatre|production|5,029|5,029|37,889|
|||5028|5029|37889|
##
|5
Income|fro|m other trading activities||||
|---|---|---|---|---|---|
||||Total|Total||
||||2022|2021||
||||R|E||
|Fundraising|events income;|||||
|Other evenb||income|||500|
##
|5
Investment
in|co|me|||||
|---|---|---|---|---|---|---|
||||Unrestricted||||
||||General|2022|Total
2021||
|||||R|K||
|Interest receivable|and similar income;||||||
|Interest receivable||on bank deposits|43|||29|
|||||||29|
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|||||Unmstricted|||
|---|---|---|---|---|---|---|
|||||General|Total
2022f|Total
2021|
|Regular|giving|||||166|
|Other direct costs
income||ofgenerating|voluntary|||12|
|Allocated|support|costs||7,884|7,884|16,238|
|Staff costs||||54,218|54,218|61,480|
|||||62,102|62,102|77,896|
|||||Direct costs
6|Allocated
support
costs|Total
costs|
||||||6||
|Costs of|generating|donations|and legacies||7,884|7,884|
|Total for 2022|||||7,884|7,884|
|Total for 2021||||178|16,238|16,416|
##
##
|||||Unrestricted||||
|---|---|---|---|---|---|---|---|
||||Note|General
6|Restricted
6|Total
2022
6|Total
2021|
|Theatre|production|||182,216|3,000|185,216|100,322|
|Staff costs||||250,587||250,587|282,224|
|Allocated
costs|support|||36,175||36,175|74,501|
|Governance||costs|9|38,362||38,362|41,951|
|||||507,340|3000|510,340|4$8,$$8|
##
##
||Activity
undertaken
directly|Activity
support
costs
E|Total
2022
R|Total
2021|
|---|---|---|---|---|
|Theatre production|185,216|36,175|221,3$1|174,823|
|Staff costs|250,587||2so,say|282,224|
||435803|36175|471978|457,047|
##
##
|Governance|costs|||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted||||
|||||General
R|Total
2022
R|Total
2021
E||
|Staffcosts||||||||
|Wages and|salaries|||14,984|14,a84|17,058||
|Social security costs||||740|740||584|
|Pension costs||||222|222||201|
|Other staff|costs|||1,378|1,378|5,355||
|Independent|examiner fees|||||||
|Examination|ofthe financial||statements|4,680|4,680|3,000||
|Other fees|paid to examiners||||||500|
|Legal fees||||4,886|4,886||150|
|Depreciation,|amortisation|and|other similar costs|8,941|8,$41|9,755||
|Other governance
costs||||2,531|2,531|5,247||
|||||38362|38362|41|951|
##
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|12Staff costs
The aggregate
payroll costs were as follows:|||
|---|---|---|
||2022|2021|
|||8|
|Staff coals during the year were:|||
|Wages and salaries|300,782|341,153|
|Social security costs|14,809|16,469|
|Pension costs|4,440|4,025|
|Other staff costs|2,098|5,356|
||322,129|387,003|
|charity
duri|ng
the yea|r expressed as full time equiv|alents
was as follows:||||
|---|---|---|---|---|---|---|
||||2022||2021||
||||No||No||
|Administration||||12||15|
|Production|(including|cast)||||6|
|||||12||23|
##
##
|13Indepen|dent
examineCs
remuneration|||
|---|---|---|---|
|||2022|2021|
|Examination|ofthe financial statements|4,680|3,000|
|Other fees|to examiners|||
|Taxation compliance
services|||500|
##
##
|15Tangible fixed assets|||||
|---|---|---|---|---|
||Land and
buildings
8|Furniture
and
equipment|Computer
equipment|Total|
|Cost|||||
|At 1 April 2021|221,584|155,061|88,264|484,909|
|Disposals|(221,584)|||(221,584)|
|At 31 March 2022||155,061|88,264|243,325|
|Depreciation|||||
|At 1 April 2021
Charge forthe year|221,584|149,158
4P9T|81,598
4~|452,340
8,941|
|Eliminated
on disposals|(221,584)|||(221,584)|
|At 31 March 2022||153,655|86,042|239,69T|
|Net book value|||||
|At 31 March 2022||1~|2,222|3,628|
|At 31 March 2021||5,803|6,686|12,589|
##
##
|16Debtors|||
|---|---|---|
|||2021|
|Trade debtors|2,500|1,160|
|Prepayments|30,373|28,170|
|Accrued income|227,425|19,500|
|Other debtors|5,509|55,916|
||265807|104,746|
##
|17Cash and cash equivalen|ts|||
|---|---|---|---|
|||2022|2021|
|Cash on hand||1,363|1,441|
|Cash at bank||191,687|200,240|
|Short-term
deposits||213,214|11,714|
|Cash and cash equivalents|in statement ofcash flows|406,264|213,395|
|18Creditom: amounts
falling due within one year|||
|---|---|---|
||2022|2021|
|Trade creditors|11,597|17,542|
|Other taxation and social security|6,670|4,364|
|Other creditors|21,260|5,370|
|Accruals|13,266|9,121|
||52793|36397|
##
##
|20 Funds|||||||
|---|---|---|---|---|---|---|
|||Balance at
2021
5|Incoming
8
resources|Resources
expended||Balance at
31 INarch
2022
8|
|Unrestricted|||||||
|General|||||||
|General
unrestricted
funds||234,008|848,534|(560,441)|(105,000)|319,001|
|Designated|||||||
|Relocation||17,691|||105,000|212,691|
|Rebuilding|Better project|30,000||||30,000|
|Total Unrestricted||282,500|848,534|(560,441)||561,602|
|Restricted|||||||
|Production|costs||43,000|||43,000|
|Apprenticeships||2,050||||2,050|
|Open Gate||8,308|0,SOO|{3,000)||14,808|
|Other restricted funds||1,356||||1,356|
|Total restricted||11,714|52,500|(3,000)||61,214|
|Total funds||294,313|001,034|(572W1)||sn,oos|
|||||||Balance at|
|||||||31INarch|
|||||||2021|
|Unrestricted|||||||
|General|||||||
|General
unrestricted
funds||187,990|541,501|(520,358)|34,774|234,007|
|Designated|||||||
|Artistic spend (gala
fundraising)||24,774|||(24,774)||
|Relocation||17,601||||17,691|
|Support spend||10,000|||{10,000)||
|Rebuilding|Better project||30,000|||30,000|
|Total unrestricted||240,455|571,501|(520,358)||282,598|
##
##
|||1 April
2020|incomin
g
resoume
6|Resources
expended|Transfers
6|Balance at
31 INarch
2021
8|
|---|---|---|---|---|---|---|
|Restricted|||||||
|Production costs||4,000|25,000|(29,000)|||
|Apprenticeships|||11,050|(9,000)||2,050|
|OpenGate||15,915||(8,192)|585|8,308|
|Other restricted|funds|3,285||(1,344)|(585)|1,356|
|Total restricted||23,200|36,050|(47,536)||11,714|
|Total funds||2631655|607,551|(576,894)||294,312|
##
|||Unrestricted|Unrestricted|||
|---|---|---|---|---|---|
|||General|Designated|Restricted|Total funds|
||||6|6|6|
|Tangible|fixed assets|3,628|||3,628|
|Current|assets|368,167|242,6$0|61,214|672,071|
|Current|liabilities|(52,7$3)|||(52,793)|
|Total net assets||319,002|242,690|61,214|622,906|
|||Unrestricted||||
|||General|Designated|Restricted|Total funds|
|||8|6|6|F|
|Tangible|iixed 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|
##
|22 Analysis ofnet funds||||
|---|---|---|---|
||At 1 April|Financing|At 31 March|
||2021|cash Rows|2022|
|||6|6|
|Cash at bank and in hand|213,395|192,869|406,264|
|Net debt|213,395|192,869|406,264|
##
##
##
|22Analysis ofnet funds (continued)||||
|---|---|---|---|
||At 1 April|Financing|At 31 March|
||2020|cash flows|2021|
|||5|5|
|Cash ai bank and in hand|170,786|42,500|213,305|
|Bank overdraft|(25,000)|25,000||
|Net debt|145,255|5T,500|213,305|