##
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|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|
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||||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||
##
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||||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|
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|||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|
##
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|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|
##
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##
|||||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|
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|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|
##
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|||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|
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|2023|2022|
|---|---|
|6||
|89,767|64,294|
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||||2023
6|2022f|
|---|---|---|---|---|
|Within|one|year|500|500|
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