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m| ## ||||Year ended 31 March|2023|||| |---|---|---|---|---|---|---|---| ||||2023|||2022|| |Income from donations||and legacies|||||| |Grants|||||||| |ACE Culture
Recovery|Fund||||67,333||| |St Albans
District Council|||||16,000||| |Garfield Weston
Foundation|||8,333||11,667||| |||||8,333|||95,000| |Donations|||||||| |General donations|||7,079||1,820||| |Support
in Kind - VIDEOfeet|||5,000||5,000||| |||||12,079|||6,820| |||||20,412|||101,820| |Income from charitable||activities|||||| |Production/project
income|||||||| |Our Work|||55,710||52,782||| |Our Masks|||78,509||81,903||| |Our Venue|||100,133||68,332||| |||||234,352|||203,017| |Project specific funding|||||||| |Grants|||||||| |ACE project grants|||29,650||22,657||| |StAlbans
District Council|||7,846||3,950||| |Herts County Council|||900||3,319||| |Neighbourly
Charitable|Trust||||1,000||| |Colney Heath Parish Council|||||500||| |Herts Community
Foundation|||4,583||1,280||| |Luton & Beds Community||Foundation|9,900||||| |Paul Hamlyn
Foundation|||53,500||||| |Royal Opera House|||11,253||3,000||| |||||117,632|||35,706| |||||351,984|||238,723| ## ||||2023|||2022|| |---|---|---|---|---|---|---|---| |||||f|||f| |Charitable
activities|||||||| |Production/project|costs||||||| |Our Work|||||||| |Direct Costs||160,134|||93,938||| |Support costs||42,716||202,850|68,586||162,524| |Our Masks|||||||| |Direct Costs||60,244|||59,502||| |Support costs||18,307||78,551|29,394||88,896| |Our Venue|||||||| |Direct Costs||59,767|||39,730||| |Support costs||61,023||120,790|97,980||137,710| |||||402,191|||389,130| |Governance
costs||||3,056|||4,000| |||||405,247|||393,130| |Governance
costs||| |---|---|---| |Professional/financial||| |Accountancy/consultancy|3,000|4,000| |Board expenses|56|| ||3,056|4,000| ## ||||(Limited by Guarantee)|(Limited by Guarantee)|(Limited by Guarantee)|||| |---|---|---|---|---|---|---|---|---| |||||Balance Sheet||||| |||||31 March|2023|||| ||||||2023||2022|| ||||Notes|||||| |Fixed assets||||||||| |Tangible assets||||||4,612||6,432| |Current assets||||||||| |Stocks|||10|5,436|||2,696|| |Debtors|||11|11,704|||1,522|| |Cash at bank|and in hand|||81,952|||123,341|| |||||99,092|||127,559|| |Liabilities||||||||| |Creditors: amounts||falling||||||| |due within one year|||12|(29,448)|||(26,884)|| |Net current assets||||||69,644||100,675| |Total assets|less current|||||||| |liabilities||||||74,256||107,107| |The funds ofthe charity:||||||||| |Unrestricted|funds||15|||||| |General
fund||||||16,706||51,974| |Designated
funds||||||50,000||50,000| |||||||66,706||101,974| |Restricted
income funds|||16|||7,550||5,133| |Total charity|funds|||||74,256||107,107| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Notes to the Financial Statements||| |---|---|---| |for the year ended 31 March 2023||| |Allocation ofsupport costs and overheads|2023
f|2022
f| |Cost type||| |Indirect wages costs|44,117|61,830| |Equipment/maintenance|32,370|12,353| |Office costs|5,887|678| |Recruitment
cost|39|| |Telephone|1,668|1,789| |Staff costs|399|358| |Premises costs|15,623|15,945| |Subscriptions/licences|17|66| |Insurance|11,215|10,648| |Marketing/PR|503|465| |IT/payroll
support|2,130|2,116| |HR Support|899|804| |Bank charges|2,207|1,696| |Legal expenses|2,250|13| |Consultancy
fees||2,310| |Depreciation|2,722|84,889| ||122,046|195,960| ||||2023
f|2022f| |---|---|---|---|---| |Our Work|||42,716|68,586| |Our Masks|||18,307|29,394| |Our Venue|||61,023|97,980| ||||122,046|195,960| |Net income/(expenditure)||for the year is|2023|2022| |stated after|charging:|||F| |Depreciation|of tangible|fixed assets|2,722|84,889| |Independent|Examiner's|remuneration:||| |- independent|examination||3,000|3,000| |-other services||||1,000| ## ## ## ## |Staff costs and numbers|2023|2022| |---|---|---| ||f|F| |Staff costs||| |Salaries and wages|196,666|184,066| |Social security costs|10,589|9,523| |Pension contributions|5,462|5,228| ||212,717|198,817| ## |2023||2022|| |---|---|---|---| |Number||Number|| ||10||10| ## ## ## |9.|Fixed assets|-tangible assets|Long|Fixturesl|| |---|---|---|---|---|---| ||||leasehold|fittlngsf|Total| ||||property
f|equipment|| ||Cost||||| ||1 April 2022||1,595,362|249,358|1,844,720| ||Additions|||902|902| ||31 March 2023||1,595,362|250,260|1,845,622| ||Depreciation||||| ||1 April 2022
Charge for year||1,595,362|242,926
2,722|1,838,288
2,722| ||31 March 2023||1,595,362|245,648|1,841,010| ||Net book values||||| ||31 March 2023|||4,612|4,612| ||31 March 2022|||6,432|6,432| |10.|Stocks|||2023
f|2022
f| ||Stocks|||5,436|2,696| |11.|Debtors|||2023
f|2022f| ||Trade debtors|||6,019|134| ||Other debtors||||910| ||Prepayments|and accrued income||5,685|478| |||||11,704|1,522| ## |12.|Creditors: amounts
within one year|Creditors: amounts
within one year|Creditors: amounts
within one year|falling|due|2023
6|2022
f| |---|---|---|---|---|---|---|---| ||Trade creditors|||||5,054|5,326| ||Other taxation/social|||security||86|4,957| ||Other creditors|||||3,788|| ||Accruals|||||4,020|10,601| ||Deferred|income|(note 13)|||16,500|6,000| |||||||29,448|26,884| |13.|Deferred|income|||||| ||Balance|at 1 April|2022||||6,000| ||Amount|released|to|incoming|resources||(6,000)| ||Amount|deferred|in the year||||16,500| ||Balance|at 31 March 2023|||||16,500| ## |Unrestricted
funds|Unrestricted
funds|Brought|Incoming|Outgoing|Carried| |---|---|---|---|---|---| |||forward|resources|resources|forward| |||5|f|f|| |General|fund|51,974|254,764|(290,032)|16,706| |Designated
funds:|||||| |Running|costs reserve|30,000|||30,000| |Building|repairs reserve|20,000|||20,000| |||101,974|254,764|(290,032)|66,706| ## ## ## ## ## ## ## ## |17.|Analysis of net assets between funds||||| |---|---|---|---|---|---| |||General|Designated|Restricted|Total| |||funds|funds|funds|| |||F|F|E|6| ||Fund balances at 31 March 2023||||| ||are represented
by:||||| ||Tangible fixed assets|4,612|||4,612| ||Net current assets|12,094|50,000|7,550|69,644| |||16,706|50,000|7,550|74,256| ##