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2022-06-30-accounts

The Bancroft Players - year ending 30 June 2022

The Bancroft Players (the Society) is an un-incorporated association governed by rules sealed on 25 September 1981 and is registered with the Charity Commission - number 283439. The principal activity is the education of the public in the arts, particularly the dramatic arts and to further the development of public appreciation and taste in the said arts. Trustees of the Society are the officers and members of the Executive Committee who are elected annually.

OFFICERS: President – Vacant; Chair – Christopher Lane; Secretary – Vivien Kerr; Treasurer – Mark Weatherbed; Theatre Manager - Chris Lane; Artistic Director - Rory Reynolds; Business Manager - Vacant Production Managers - David Lester

ELECTED MEMBERS: Keith Warren, Emma O’Connell

Address: The Queen Mother Theatre, Hitchin, SG4 9SP Bankers: Santander, Barclays Bank Plc

TRUSTEES REPORT

The Society planned to present 14 productions for the Season. The Theatre was hired this only for Film & Society presentations. The Society maintains the QMT to a standard expected of a major public building.

C. Lane - Chair of the Executive Committee

FINANCIAL STATEMENT Balance Sheet as at 30 June 2022

Fixed Assets
Building
Current Assets
Bank and cash in hand
Bar stock
Prepayments
Total Assets
Current Liabilities
Advance receipts
Total Assets less Current Liabilities
Represented by the following Funds:
Opening Balance
Surplus/(Defcit) in Year
Closing Balance
2021-22
£
1,770,000
78,659
1,250
0
1,849,909
4,225
1,845,684
1,858,327

(12,643)
1,845,684
2020-21
£
1,770,000
55,344
350
92
1,825,786

-2860
1,828,626
1,825,344
32,983
1,858,327

Approved by the Trustees and signed on behalf of them all.

Mark R Weatherbed

Treasurer

Notes to the accounts

The financial statement has been prepared on a cash basis and under the historical cost convention in accordance with the Charity Commission Statement of Recommended Practice together with applicable accounting standards. Income is recognised when it is received. Expenditure is accounted for on payment. The Queen Mother Theatre is built on land which is leased from North Herts District Council for a term of 99 years from 1983; the rent for the whole term was paid then. The Trustees discontinued depreciation in 2002. VAT no longer applies.

Receipts and Payments
2021-22
£
Receipts
Productions (see below)
39,049
Subscriptions
16,164
Grants/donations
19,000
Gift Aid
0
Hire charges
390
Refreshments, bar and cofee bar
12,963

total receipts
87,566
PaymentsTheatre
61,978
Publicity
5,504
Administrationincluding information to members

Ticketing charges
927

total payments
68,409

Operating Surplus
19,157

Exceptional items (see below)
13,721
Surplus for the year
5,436

Cash
Bank (all foats were banked)
78,659
Bar
Purchases (stock variance not valued)
1,250
2020-21
£
46,544
15,066
525
3,276
5,516
16,474
87,401

33,132
7,407
946
8,733
50,218

37,183
5,614
31,569

55,345
8,678

EXAMINER'S REPORT:

I report on the accounts of the Bancroft Players for the year ended 30 June 2022. As the charity’s trustees, you are responsible for the preparation of the accounts; you consider that the audit requirement of Section 144(2) of the Charities Act 2011 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under Section 145 of the Act, whether particular matters have come to my attention. My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. The report is limited to those matters set out in the statement above. In connection with the examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with Section 103 of the 2011 Act; to prepare accounts which accord with the accounting records and comply with the requirements of the Act, have not been met; or to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Craig Males – Partner SJ Males Accountants

Production Costs - Information for members:

Main House Studio 532 TWITW 1,250 BULL 715 Shirley Valentine 1,683 The Reteat 1,278 The WASP 1,757 The Snow Queen 1,125 MAIDS 1,676 Cleo, Emmanuelle Camping 644 Eigengrau 3,814 Shakespeare In Love

Youth & Juniors 316 Room 2B 698 JUNK 390 CHAOS 1,378 Romeo & Juliet

Production Indirect Costs: £17,051 Stock Items: £1,092

Major exceptional costs

Digital Screens £5,416; Tech Spend - £3,367; COVID Filtration cleaners £4,488