| Page | |
|---|---|
| REPORT OF THE COMMITTEE | I —2 |
| INDEPENDENT EXAMINER' SREPORT | |
| TO THE MEMBERS OF THE SOCIETY | |
| STATElVHPK OF FINANCIAL ACTIVITIES | |
| BALANCE SHEET | |
| NOTES TO THE FINANCIAL STATEMENTS | 6 —8 |
| registered charity in 1985(number 29 Other information and advisers |
2763). |
|---|---|
| Principal Oflice | The Swan Theatre Company |
| Park Street | |
| YEOVIL | |
| Somerset BA20 IQT |
|
| Solicitors | Clarke Willmott |
| Blackbrook Gate | |
| Blackbrook Park Avenue | |
| TAUNTON | |
| Somerset TAI 2PG |
|
| Accountants | Read dt Co. |
| Chartered Accountants | |
| I Park Gardens | |
| YEOVIL | |
| Somerset | |
| BA20 IDW | |
| Bankers | Lloyds TSB |
| 9High Street | |
| YEOVIL | |
| Somerset BA20 IRN |
| F | OR THE | YEAR ENDE | D 28FEBRUA | RY 2022 | |
|---|---|---|---|---|---|
| General | Restricted | Total | |||
| Fund | Fand | 2022 | 2021 | ||
| (Capital) | |||||
| Incoming resoarces | |||||
| Donations | 3170 | 3170 | 5000 | ||
| Activities in furtherance ofthe | charity's | ||||
| objectives: | |||||
| Government grants received |
26166 | 26166 | 10000 | ||
| Productions | 29628 | 29628 | 0 | ||
| Activities for generating | funds: | ||||
| Operations | 1945 | 1945 | 47 | ||
| Other Income | 448 | 448 | 291 | ||
| Fundraising | 2233 | 2233 | 2121 | ||
| Bar sales | 6128 | 6128 | 213 | ||
| Administrative and income tax |
received | 4292 | 4292 | 4018 | |
| 74010 | 74010 | 21690 | |||
| Total incoming resources | |||||
| Resources expended | |||||
| Cost ofgenerating funds: |
|||||
| Operations | 44428 | 44428 | 9426 | ||
| Bar expenditure | 3204 | 3204 | 180 | ||
| Charitable expenditure: |
|||||
| Productions | 14391 | 14391 | 2657 | ||
| Other administration: | |||||
| Administration | 2968 | 2968 | 2229 | ||
| Services | 4462 | 4462 | 3125 | ||
| Depreciation | 5790 | 5790 | 3214 | ||
| Total resources expended | 75243 | 75243 | 20831 | ||
| Net movements in funds |
1233 | 1233 | 859 | ||
| Fund balances brought forward | |||||
| at I March 2021 | 97982 | 97982 | 97123 | ||
| Fund balances canied forward | |||||
| at 28 February 2022 |
| F | ORTHE YEAREN | DED | 28FEBRU | ARY 2022 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | 2022 | 2021 | |||||||
| Fixed assets | g | g | |||||||
| Freehold property | 120000 | 120000 | |||||||
| Improvements | to | property | 50385 | 15525 | |||||
| Equipment | |||||||||
| 170385 | 135525 | ||||||||
| Current assets | |||||||||
| Debtors | 419 | ||||||||
| Prepayments | 4175 | 7518 | |||||||
| Cash at bank | and | iu | hand | 45254 | 79630 | ||||
| 49848 | 87148 | ||||||||
| Creditors: amounts | falling | ||||||||
| due within one year | 5386 | 6593 | |||||||
| Net current | assets | 80555 | |||||||
| Total assets | less | current liabilities | 214847 | 2~160 | |||||
| Represented | by: | ||||||||
| Capital and | reserves | ||||||||
| Capital fund | |||||||||
| Revaluation | reserve | 118098 | 118098 | ||||||
| General fund | 96749 | 97982 | |||||||
| ~24 47 | 2l6089 | ||||||||
| Approved by |
th | committee on | ....,.....~..~4.... | ||||||
| Chairman: | M Payne | ||||||||
| Treasurer: | AMaynard-Griffm |
| 3. Operating surplusl(deficit) |
2022 | 2021 | |
|---|---|---|---|
| g | |||
| Operating (deficit)/surplus is stated after charging: |
|||
| Independent examiners |
remuneration | ||
| Depreciation |
| FORTHE YEA | FORTHE YEA | FORTHE YEA | R ENDED | 28FEB | RUARY 2022 | |
|---|---|---|---|---|---|---|
| 4. Tangible fixed assets |
||||||
| Freehold | Property | Equipment | Total | |||
| property | improvements | |||||
| Cost | ||||||
| Balance brought | forward | |||||
| at 1 March 2021 | 124448 | 265045 | 32730 | 422223 | ||
| Additions | 40650 | 40650 | ||||
| Balance carried | forward | |||||
| at 28 February | 2022 | 124448 | 305695 | 32730 | 462873 | |
| Depreciation | ||||||
| Balance brought | forward | |||||
| at 1 March 2021 | 249520 | 32730 | 286698 | |||
| Charge for year | 5790 | 5790 | ||||
| Balance carried | forward | |||||
| at 28 February | 2022 | 255310 | 32730 | 337083 | ||
| Net book value | ||||||
| Brought forward | 15 | |||||
| Carried forward | ||||||
| 5. Debtors |
2022 | 2021 | ||||
| Debtors | 419 | |||||
| Prepayments | 4175 | 7518 | ||||
| The above debtors without | exception fall due within one | year. | ||||
| 6. Creditors: amounts |
falling due within one year | 2022 | 2021 | |||
| Creditors | ||||||
| Accruals | 5386 | 6593 |
| General | Total | |||
|---|---|---|---|---|
| Fundf | f. | |||
| At 1 March | 2021 | 97982 | 97982 | |
| Transfer &om Restricted Fund | ||||
| Net movement for year |
1233 | 1233 | ||
| At 28February 2022 | 96749 | 96749 | ||
| Represented | by: | |||
| Fixed assets | 52287 | 52287 | ||
| Net current | assets | 44462 | 44462 | |
| 8. Revaluation |
reserve | Revalaation | Total | |
| Reservef | f | |||
| At 1 March | 2021 | 118098 | 118098 | |
| Transfer to | General Fund | |||
| At 28 February 2022 | 118098 | 118098 |