2023-03-31-accounts

Trustees			Ms. D Lennan
			Mr. R H Burbidge OBE
			Ms.J Hughes
			Ms.SMcCormick
			Ms. R Robins (Chair)
			Ms. M FBedford
			Dr M I Branson
			Mr. M Hartley
			Ms. EDennis-Edwards
			Ms. F H Spickernell	(Appointed	1 March 2023)
Secretary			Ms. CJJohn	(Resigned	8 November
				2022)
			Mrs. Verity Overs-Morell	(Appointed	8 November
				2022)
Charity number			287909
Company	number		01747169
Registered		office	Pentabus Theatre
			The Old School
			Bromfield
			Ludlow
			Shropshire
			United Kingdom
			SY82JU
Independent		examiner	Azets
			Column House
			London Road
			6hrewsbury
			Shropshire
			United Kingdom
			SY26NN

			Page
Chair's report			1-2
Trustees' report			3-18
Independent examiner's		report
Statement offinancial	activities		20
Balance sheet			21
Notes to the financial	statements		22 - 34

			Unrestricted	Designated	Restricted	Total	Toial
			funds	funds	funds	2023	2022
			general
			6
Voluntary income			228,779		69,429	298,208	348,443
Charitable activities			22,726			22,726	33,978
Investments			1,466			1,466	152
Other income			1,503	57,409		58,912	15,399
Total income			254,474	57,409	69,429	381,312	397,972
Exx}gtttUigtggtU
Sgjglgg funds
Fundraising and	publicity		634			634	250
~tt I~
Production and marketing			170,924		78,407	249,331	330,644
Personnel, travel	and
accommodation			53,728			53,728	57,049
Administration, property		and legal	19,552			19,552	14,926
Depreciation and	other expenses		(144)	3,018	102	2,976	3,244
Other expenditure			10,625			10,625	9,434
Total charitable	expenditure		254,685	3,018	78,509	336,212	415,297
Total resources	expended		255,319	3,018	78,509	336,846	415,547
Net incoming/(outgoing)
resources before transfers			(845)	54,391	(9,080)	44,466	(17,575)
Gross transfers between		funds	(753)		753
Net movement in funds			(1,598)	54,391	(8,327)
Fund balances at	1 April	2022	103,091	97,470	17,414		217,975
Fund balances at 31March
2023			101,493	151,861	9,087	262,441

			2023		2022
			6		5
Fixed assets
Tangible assets		14		8,983		12,707
Current assets
Debtors		13	79,241		23,083
Cash at bank and in	hand		240,128		304,844
			319,369		327,927
Creditors: amounts	falling due within
one year		16	(65,911)		(122,659)
Net current assets				253,458		205,268
Total assets less current liabilities				262,441		217,975
Income funds
Restricted funds				9,087		17,414
Unrestricted funds -	designated			151,861		97,470
Unrestricted funds -	general			101,493		103,091
				262,441		217,975

		Unrestricted	Restricted	Total	Total
		funds	funds	2023	2022
		E	6	6
Voluntary income		228,779	69,429	298,208	348,443
Forthe year ended 31 INarch	2022	246,839	101,604		348,443
Voluntary income
Arts Council England grant		190,779		190,779	190,779
Shropshire Council grant					5,200
Millichope Foundation grant		2,000		2,000	500
Esmee Fairbairn		35,000		35,000
Garfield Weston Foundation					23,500
O'Oyly Carte Charitable Trust					3,000
The Clive Richards Foundation			3,500	3,500	11,250
OSLTS Co-Producer					2,471
The Adlard Family Charitable	Foundation	500		500	500
Garrick Charitable Trust					3,000
Ashley Family Foundation					5,000
Wynn Foundation					1,500
National Trust Legacy Project					22,566
Hereford Community Foundation			1,500	1,500
The Haystack Trust			15,000	15,000	11,125
Studio			329	329
Weston Charity		500		500
Jacaranda Co-Producer					25,689
Unlimited Co-Producer			41,600	41,600	900
ACE Project Grant					39,963
Elmley			4,000	4,000
Hall Garth Charitable Trust Grant			3,500	3,500	1,500
		228,779	69,429	298,208	348,443

Boxoffice	and other earned	income.
Fundraising	income

Unrestricted	Unrestricted
funds	funds
general	general
2023	2022
6	6
13,914	26,442
8,812	7,536
22,726	33,978

Unrestricted	Unrestricted
funds	funds
general	general
2023	2022
6
1,466	152

		Unrestricted	Unrestricted	Total	Total
		funds	funds	2023	2022
		general	designated
		6
Net gain on disposal oftangible	fixed assets	92		92
Other income		1,411		1,411	2,262
Theatre Tax Relief			57,409	57,409	13,137
		1,503	57,409	58,912	15,399
Forthe year ended 31March	2022	2,262	13,137		15,399

				Unrestricted	Unrestricted
				funds	funds
				general	general
				2023	2022
				6	6
Fundr	isin	and	ublic
Staging	fundraising		events	634	250
				634	250

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9	Supportcosts	Supportcosts
			Support	Governance	2023	2022	Basis ofallocation
			costs	costs
			6	5
	Hospitality		251		251	254	Support
	Trustees'	expenses			641	100	Governance
	Legal and	professional					Governance
	fees			5,033	5,033	4,255
	Accountancy fees			3,500	3,500	3,975	Governance
	Independent Examiner's						Governance
	fees			1,200	1,200	850
			251	10,374	10,625	9,434
	Analysed	between
	Charitable	activities	251	10,374	10,625	9,434

2022	2021
2	f
641	100

				Movement	in funds
		Balance at 1	Incoming	Resources	Transfers	Balance at
		April 2022	resources	expended		31 INarch
						2023
						8
Unrestricted funds
General fund		38,091	254,474	(255,319)	(753)	36,493
Contingency reserve		65,000				65,000
		103,091	254,474	(255,319)	(753)	101,493
Restricted funds
Catalyst Evolve		16,735		(8,225)		8,510
Clive Richards Foundation			3,500		(3,500)
Hereford Community The Haystack Trust	Foundation		1,500 15,000		(1,500) (15,000)
Wdter in Residence				(3,500)	3,500
Elmley			4,000		(4,000)
Hall Garth Charitable
Tmst Grant			3,500		(3,500)
Unlimited			41,600	(41,600)
Spnng Digital 22/23				(1,500)	1,500
Studio 22/23			329		(329)
Idyll Asset Addition		679		(102)		577
Young Writers				(23,582)	23,582
		17,414	69,429	(78,509)	753	9,087
Designated funds
Strategic Development	fund	57,470	17,409	(3,018)		71,861
Future Artistic
Programme Fund		40,000	40,000			80,000
		97,470	57,409	(3,018)		151,861
Totals		217,975	381,312	(336,846)		262,441

14	Tangible	fixed assets	fixed assets
							Improvements	Technical	Total
							to properiy	equipment
							8
	Cost
	At 1 April	2022					41,979	75,422	117,402
	Disposals							(2,070)	(2,070)
	At 31 March 2023						41,979	73,352	115,332
	Depreciation and impairment
	At 1April	2022					41,979	62,715	104,694
	Depreciation charged		in the	year				2,976	2,976
	Eliminated	in respect	ofdisposals					(1,322)	('i,322)
	At 31 March 2023						41,979	64,369	106,348
	Carrying	amount
	At 31 March 2023							8,983	8,983
	At 31 March 2022							12,708	12,708
15	Financial	instruments						2023	2022
								8	8
	Carrying	amount offinancial			assets
	Debt instruments measured			at	amortised	cost		319,369	327,928
	Carrying	amount offinancial			liabilities
	Measured	at amortised	cost					65,911	122,659

		2023	2022
		6	8
Other taxation and social security		2,022	1,567
Trade creditors		15,737	8,096
Other creditors		2,967	2,967
Accruals and deferred	income	45,185	110,029
		65,911	122,659

						2023	2022
						6	6
Deferred	income	is included	within:
Creditors	due within one year					38,080	73,539
Total deferred income at 1April 2022						73,539	107,051
Amounts	received	in year				262,749	314,931
Amounts	credited	to statement offinancial		activities		(298,208)	(348,443)
Total deferred income at 31March 2023						38,080	73,539
Analysis	ofnet assets between funds
				Unrestricted	Designated	Restricted	Total
				fund	fund	fund
				E	5	8
Fund balances at		31 March	2023are
represented by:
Tangible	assets			5,569	2,837	577	8,983
Current	assets/(liabilities)			95,924	149,025	8,510	253,458
				101,493	151,862	9,087	262,441

2023	2022
6
89,767	64,294

			2023 6	2022f
Within	one	year	500	500