2022-03-31-accounts

				Page
Company Information
Directors' report
Independent auditors'	report			12
Consolidated group statement		of financial	activities	IB
Balance sheets				17
Notes to the financial	statements			18
Management Profit and Loss Accounts				32

					2022	2021
		Notes	Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
			8	6	8	8
Income:
Donations end legacies			15,083		16,083	6,143
income from charitable	ectivitiesr
Grants receivable			522,328	84,994	587,322	i,043,918
Events end Exhibitions			221,276		221,276	63,69
Fgm snd video resource			85183		85183	752
Courses, classes snd related income			50,927		60,927	7,305
income from other tredingecrivities.
Commercial trading operetinge			821,96		82(96	92,3t!7
Other income			82,409		82,409	12,388
Total income				84,994	1,844,110	1,230,970
Expenditure
Cost ofraising funder Commercial trading operations			(882,830)		(882,830)	(396,039)
Expenditure on charitable	activities	7, 8
Events end Exhibitions			(449,313)	(129,430)	(678,743)	(479,921)
Film end video resource			(237,988)	(37,966)	(276,964)	(171,667)
Courses, c les see end related income			(89,444)	(5,177)	(74,821)	(19,392)
Governance costs			(7,968)		(7,966)	(10,963)
Total expenditure			1,647,541	172,573	1,820,TI4	1,077,873
Net Income/ (expenditure)	for the reer		131,675	(107,579)	23,996	153,097
Total funda brought forward			(208,680)	764,804	648,224	393,130
Transfers offunds
Total funds carried forward			(777,009	647928	570,219	548,225

Consolidated		Bala	nce Sheet
				Note	Group	Group	Charity	Charity
					2022	2021	2022	2021
						E	F.
FIXED ASSETS
InteSlble fixed exacts				16	3,000	6,000
TenSlble assets				16	744,503	864,363	855,030	773,842
Investments				17	25,600	25,600	28,500	26500
Total fixed assets					773,003	886,853	681,630	800,342
CURRENT ASSETS
Stock					22,102	8862
Debtors				18	46,569	62,220	39,396	52,719
Cash et hend end	I~	bank			235,494	60728	204,006	626160
Total current enacts					304,164			106,669
CURRENT UASIUTIES
Creditors amounts		feStn8	due within one year	20	(475,281)	(416162)	(319,665)	(326,704)
Net current enacts/(SsbRltlee)					~rrtll7	~(283841	~76,265)	~(221,135
Total senate less	current		tebRltles		~61	602,612	805,265	679,207
Creditors amounts ~et assets		fslllnS	due after more then one year	21	(31,667) 570219	(66,288) ~5	(31,687) 673,698	(41,687) ~40
Represented bx
Unrestrrcted funds				22, 2S	(77,009)	(208,560)	(73,627)	(217,265)
Restricted funtb				22, 23	647,228	764,804	647,226	764,804
Total Charity funds							~59

4.Financial Activitie	s of t	he Charity (excluding the	Subsldlaty)
			2022	2021
Governance			6
Gross incoming Resources			982,610	929,689
Total Expenditure on charitable		activities	(938,685)	(932122)
costa			(7,988)	(10,963)
			36,069	3,518
Net incoming/(outgoing) resources Total Funds et 1 Aprg 2021			38,059 537,539	(13,516) eei,oes
Total Funds et 31 March	2022			537,639
Represented by.
unrestricted Funda			(73,i127)	(2T7,286)
Restricted Funds			647,225	754,804
Total net aaseta

ofthe trading result	s of	EATS is shown below:
Results of EATS			2022	2021
			6
Turnover			861,498	301401
Cost of sales snd administration		coats	(873,562)	(134,787)
Net loss				168,614
The assets end gebgltea	of EATS were:
Fixed Assets			92,473	88,68
Currant assets			60,767	26,242
Current ilebBltles			(155,619)	(88,447)
Long term liebRitle*				(14,621)
Total net assete				s,eee
Aggregate share capital	and	reaenrss

			2022	2021
			8	f
Theatre	lettinge end conferences		19,313	938
Boxoffice Income			19,493	2,609
Sundry			28	2
Membership			45	46
Property	rental end maintenance	recharge	23,530	8,872
			82,409	12,368

7.Costs ofCharitable Activities
	Support	Direct Staff	Other Direct	2022	2021
Event end exhibitions	299,431	130,900	148,412	578,743	479,921
Fem end video resource	116,909	76,809	83,436	276,963	meey
Courses, classes and related expenses	67,613		7,008	74,621	19,392

ncluded in the cost of	cherltet7le activities are the f	ollowing support costs;
		2022	2021
		9	6
Administration end marketing	salaries	228,100	228,642
Trsl~Ing end other staf costa		2,844	330
Rent		37,944	37,944
service charge		27,050	27,060
Premlaea maintenance		2,094	2,928
Marketing costs		17,826	4,849
Prlntns postage end stationery		3,108	2,207
Telophone		1036	1,186
Boxoffice costa		4,688	712
oenerel insurance		13,362	9,007
Subacrlptlone		2,421	I,IT7
Hospltsgty		1,284	12
Sundrlee		2,471	488
Equipment hire end maintenance		9,050	3,749
Professional fees			1,702
Bank charges end Interest		2,946	1,831
Hire purchase interest		9,376	4,957
Depreciation		119,878	131,109 461,499

9.Gove	rnance Cost
		2022	2021
		6	6
Auditors	fee*	7,966	10,963
		ret	tftrt

10.Staff Costs
	2022	2021
Weaes end salaries	600,932	sse,sed
social secudty costa	36,166	21,960
Pension coats	18,873	13,233
	sa,sss

12.Net inco	mi	ng/(ou	tgoing) resources is stated	after charging
				2022	2021
cepreclatlon	of	owned	assets

xpend(tule account	)
					2021
			Unrestricted	Restricted	Total
			Funds	Funds	Furrda
			8		F.
Income:
Donetlone end legacies			6,143		6,143
Income from charitable	achvrtiesr
Grants receivable			978,824	64,994	1,043,918
Events and Exhibitions			63,69		83,TI9
Fgm end video resource			762		752
Courses, classea end related		Income	7,306		7,306
Income fmm other trading sclrvlrlasr
Commercial trading operetlngs			92,387		92,367
Other Income			12,366		12,366
Total Income			1,185,878	64,994	1,230,970
Expenditure:
Cost of raising funds:
Commercial trading operations			(396,039)		(396,039)
Expenditure on charitable	activities
Events and Exhibitions			(360,266)	029,885)	(479,921)
Fgm end video resource			(133,622)	(38,036)	(T71,667)
Courses, cleaeee end related		income	(14,205)	(6,187)	(I9,392)
Governance costa			(10,963)		(10,963)
Total expenditure			(904,986)
Net Inccmei (expenditure)	for	the veer	260,990	(107,893)	163,097
Total funda brought forward			(430,180)	823,310	393,130
Transfer offunds			(39,386)	39,386
Total funda cerned forward

	Redevelopment	Leasehold	Fixtures,	Fittings	Computer	Total
	Coats	Improvements	6 Equipmsnt
	6	6	6
Cost
At I April 2021	2696,728	7,033	820,880		60,838	3,386,257
Additions				749	429	1,178
Dleposels
At 31 March 2022	2,898728	7,033	821,809		61,065	3,398,436
Depreciation
AtlApril2021	1,989,803	6,883	676,743		59,168	2,88,415
Charge for the year	107,579	313		R,iie	984	89,991
EBmlnated on disposal
At 31 March 2022	2,077,182	8,196	587,858		80,170	2,731,408
Net Book Value
At 31 March 2022	619,646	837		33,751	896	ij66,030
At 31 March 2021

Tangible Fixed Assets	—Group	~edevelopment	Leasehold	Fixtures,	Fittings	Computer	Total
		Costs	Improvements	6 Equipment
		6		8
Cost
At I Apr1 I 2021		2,896,72tl	66,343	806,023		60,636	3,618,730
Addlnons			13,4tl9		14,982	429	28,900
Dlspossls					(eee)		(888)
At 31 March 2022		2,696,72tl	68,832		820,117	61,066	3,846,742
Depreciation
At I April 2021		I,ti69,803	12,084	723,604		59,186	2,764,377
Charge for the year		107,579	6,493		22,940	984	137,996
Egmlneted on dleposels					(i33)		(133)
At 31 March 2022		2,077,192	18,577		746,38	60,170	2,902,240
Net Book Value
At 31 March 2022		619,548	e0,2ee		73,806	896	744,503
At 31 March 2021

Intenslble plass Assets - Group end Charity	Webalte	Total
Coat
At 1 Apnl 2021	12,000	12,000
Addltlons
Dlspcs ~ls
At 31 March 2022		12000
Depreclatlon
At 1 Aprt 2021	3,000	B,DDD
Cherse for the year	3,000	3,000
Elrmlneted on dlsposele
At 31 March 2022	3,000	3,000
Net Book Value
At 31 March 2022	3,000	3,000
At 31 March 2021

17.Fixed Asset Investments
	Works of Art	Unlisted	Total
		Investments
Value
AtlAprll2021	25,500	1,000	25,500
Disposal ~
At 31March 2022

19.Debtors
			Group		Charity
		2022		2021	2022	2021
		6		6
Trade debtors		23,084		8,514	16,497	8,183
Other debtors		12,664		43,640	3,288	43,640
Prepeymenta	snd accrued income	10,961		4,832	10,344	2,996
Amounts owed by group undertaking*					9,266
VAT				5,535

						Group		Chedty
					2022		2021	2022	2021
					6
Obligations	under hire		purchase	contracts	2239		15,828		11,136
Trade creditors					87,248		62,811	25,931	30,893
Othertexea	snd socislaecurlty			costa	28,197		29,887	16,909	24,882
Other creditors					247,708		256,849	200,014	210,60
Accrual* and deferred			Income		97,387		52443	66,89	40,843
Bank overdraft		end loans			10,000		8,333	10,000	8,333
VAT					22,624
									oora

				Group		Charity
			2022		2021	2022	2021
			8				8
Obggetlons	under	hire purchase contracts			2239
Other Credkors					12382
Bank Loans	over	1year	31,887		41,687	31,867	41,887
			31,667		58,288	31,887	41,667

Group
		Totelfunda	Incoming	Resources	Transfers	Totalfunda
		et I Aprg 2021	resources	expanaed		et 31March 2022
			f.	6
Unrestricted	funda
General funda		(208,680)	1,779,96	(1,647,640)		(77,004)
Restricted	funds
Capital Redevelopment Other Totalfunds		764,804 548,224	64,994 ~10	(107,679) (64994) ~(820,63		647,225

		Total funds	Total funds	Incoming	Resouroae	Transfers	Total funda
		et	I Aprg 2021	resources	axpansad		et 31March 2022
				6	6		6
Unrestdcted	funda
Generelfunds			(217,286)	917,616	(773,979)		(73,628)
Restricted	funds
Capital Redevelopment			764,804		(107,579)		847,226
Other				84,994	(64,994)
Total funds							573,6

Group
		Total funda et I Aprg 2020		Incoming resources	Resources expanead	Transfers 6	Total funda et 31 March 2021
			6		6
Unrestricted	funda
General funda			(430,180)	1,166,978	(904,988)	(39,388)	(208,680)
Restricted	funda
Ceprtal Redevelopment			797,957		(107,882)	64,739	764,804
Other			26,353	64,994	(64,994)	(26,363)
Total funda							546,224

		Totelfunda	Totelfunda	Incoming	Resources	Transfers	Total funds
		et	I Aprg 2020	resouroee	expensed		at 31 March 2021
					8		F
Unrestricted	funds
General funds			(272,251)	864,676	(770,198)	(39,388)	(177,874)
Restricted funds
Capital Redevelopment			797,957		(107,893)	64,739	690,064
Other			26,363	64,994	(64,994)	(26,363)	25,363
Total funda

		Tangible	Intangible	Investment	Net current		Long term	Long term	Total
		flxed assets	fixed assets	assets	assets/llsbgltles		llabgltlse
		6	6	6			6
Unrestricted	funds
General funds			3,000		(171,117)		(31,6671		(77,008)
Restricted funds
Capital redevelopment		621,727		25,500					647227
over
Total net assets					7	I	3	6tl7

	Tangible	Intangible	Investment	Net current	Long term	Total
	fixed assets	fixed assets	assets	sssete/gabgltlss	gab sit les
	5	8	8		8
Unrestricted funda
General funds				(76,2651	(31,66Tl	(746271
Aestrlcted funds Capgel redevekgment Other Total net assets	621,727		26,666 e~I			648,225

Non	can	cellable operating leases are as fo	llows.
			2022	2021
Less	thsnl	year	85,984	86,984
2-5	year		63,008 amer	138,992 ~nlE

				2022		2021
					8	f	8
Iocctoa
Donations				15,083		R,143
Grants				647,736		834,884
Pertormence				177,184		58,202
Hire of PA end		technical		16,170		323
Gallery				28,941		4,074
Marketing						620
Film				46,272		2,068
Media centre				39,911		(1,318)
Studio hrre				41,862		2,026
Education snd		access		9,066		6,280
Bar franchise	fee
Theatre letting		and conferences		19,313		938
Boxoffice				19,493		2,509
Sundry				28		2
Membership				46		45
Property rental and maintenance				23,530		8,872
					982,610		929,569
Gallery				35,598		10,262
Pertorrnence				112,814
Art salaries				130,900		59,234
Media centra				41,024		7,640
Media centre		salaries		76,808		68,390
Film costs				42412		2,735
Education end access				7,008		5,376
					(446,364)		(203,836)
Gross Pmfft					538,248		726,933
Administration		end marketing	salaries	226,100		228,542
Training, travelling end other staf costs				2,644		330
Rent				37,944		37,944
Service charge				27,050		27,050
Premises maintenance				2,094		2,928
Marketing				17,825		4,649
Printing, postage and stationery				3,106		2,207
Telephone				1,036		1,185
~ox office				4,568		712
General insurance				13,362		8,007
Subscrtptions				2,421		1,117
Hospitality				1,284		12
Sundries				?„471		468
Equipment	hire end maintenance			B,OBO		3,749
Professional	fees					1,702
Bank charges		and Interest		2,946		1,831
Overheads	carried fonverd			353,900		325,433

Overheeds	broughtforwerd	353,900		326,433
Bed debts		9,268		266,985
Hire purchess interest		9,376		4,967
			(372,64S)		(697,376)
operating	Profit / (Loss)		163,703		1211,568
Deprecletlon Audit end eccountsncy costs			(119,678) (7,986)		(131,109) (10,963)
Net Profit	7(Loss)		36,059