2022-03-31-accounts - Eastern Angles Theatre Company Limited

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		Page
Report ofthe Trustees		1 to 11
Independent Examiner's	Report	12
Statement ofFinancial Acdvities		13
Balance Sheet		14 to 15
Cash Flow Statement
Notes tothe Cash Flow	Statement	17
Notes tothe Financial Statements		18 to 30
Detailed Statement of Financial Actlvides		31 to 32

for the Year End 3 M rch 20	22
					31.3.22	31,3.21
			Unrestricted	Restricted	Total	Total
		Notes	funds	funds f	funds E	funds E
INCOME AND ENDOWMENTS	FROM
Donagons and legacies		2	553,996	25,775	579,771	479,483
Charitable activities		4
Artistic Programme			200,465		200,465
Education and Outreach			7,672		7,672	1,225
Trading operations - Raising Funds			9,826		9,826	(96)
Investment income			297		291	182
Other income			~53951		53951
Total			626,201	25,775	851,982	480,778
EXPENDITURE ON
Chart tabbr activtdes		5
Artistic Programme			800,978	18,690	819,668	379,252
Trading operations - Raising Funds			26,655		26,655	2,235
Other						~5342
Total			827,633	18,690	846,323	386,829
NET INCOME/(EXPENDITURE)			(1,426)	7,085	5,659	93,949
RECONCILIATION OF FUNDS
Total funds brought forward			424,451	6,190	430,641	336,692
TOTAL FUNDS CARRIED FORWARD			423,025	13,275	~436300	~430641

stem An I treCom an L
~BI Sh
31 March 2022
		31.3.22	31.3.21
	Notes	E	2
FIXEDASSETS
Intangible assets	11	98,000	99,000
Tangible assets	12	61,840	57,301
Investments	13	1	1
		159,841	156,302
CURRENT ASSETS
Debtors	14	148,014	40,545
Cash at bank and in hend		~280614	~402722
		428,628	443,267
CREDITORS
Amounts falling due within one year	15	(152,169)	(166,928)
NET CURRENT ASSETS		276,459	~274 339
TOTAL ASSETSLESSCURRENT
LIABILITIES		436,300	430,641
		~436300	~430 641
FUNDS	17
Unrestricted funds		423,025	424,451
Restricted funds		~f3275	6190
TOTAL FUNDS		~436300	~430 641

Eeste An les Theatni
Cas Flow Statement
for Uw Year Ended 31 March 2022
			31.322	31.3.21
		Notes
Cash flows from operating	activities
Cash generated from operations		1	24,036	125,735
Tax paid			~53951	65292
hist cash (used in)fprovtded	by operating
activities			~29915)	~IQ1 027
Cash flows from Investing	actlvtges
Purchase ofIntangible lixed assets Purchase oftanglbhr fixed asssbi			(70,000) (22,490)	(30,000)
Interest received			297	'I62
Net cash used in investing actlvilies			~92193)	~29818)
Change In cash and cash
equhralents Inthe reporting
period Cash snd cash equlvahints	atthe		(122,10S)	161,209
beginning ofthe rsporgng	period		~402722	241 513
Cash and cash equivatenm	stthe
end ofthe reporting period			~280614	~402 722

ACTIVITIES
			31,3,22	31.3,21
			5	E
Net Income forthe reporting ofFinancial Acthrltles) AdJustmems for.		period (as per the Statement	5,859	93,949
Depreciation charges			18,952	15,445
Interest received Increase in debtors Increase in creditors			(297) (53,518) 53240	(182) (631) 17154
Nst cash provided	by operations		~24 036	~125735

ANALYSIS OF CHANGES IN NET FU	NDS
	At 1.4.21 E	Cash flow E	At31.3.22 f
Net cash
Cash at bank and in hand	~402 722	~122108	280,614
	~402 722	~122108)	~280614
Total	~402 722	~122 108	~280614

Grants received, induded in the above,	are as	follows:
			31.3.22 f	31.3.21
Arts Council England East			224,457	224,457
Suffofk County Council			35,145	21,420
Ipswich Borough Council - Revenue grant			7,500	7,500
Mid Suffolk Disbict Council			1,000	900
Babergh District Council			400	400
Esmee Fairbum Trust			8,000	12,000
Other 08 H Hampton HMRC - Coronavirus Job Retenthn Scheme			4,500 5,774 20,273	90,673
Garrick charitable re Pa5ent Light T&F LEPgrant re Getecre Dev 8 Covld recovery			12,500	2,200 12,500
Heritage Fund re Gatacre Dev tt Covid recovery				10,000
Peterborough City Council Covid grants Esmee Falrbum Trust Covid grant			12,227	20,241 10,000
Ipswich Borough Council Covld grants Eeet Suit'olk Council Covid Grant			28,752 2,000	39,857 9,907
Ipswlch Borough Council Homework Club			11,265
Creative Arts re kicks!arts			12,763
Regional Theatre Young Director Scheme			4,000
Arts Council England East - Skoda			44,000
Arts Council England East - CRF			35,900
Arts Council England East per Matthew	Linley		58,439
Arts Council England East —per Matthew l.inle Suifolk County Council Holiday Acgvities Other grants		y Tour estsnsion	8,500 11,160 ~4205
			~552760	~462 055
INVESTMENT INCOME

	INCOME FROM CH	ARITASLE ACTIVITIES
			31.3.22 f	31.3.21 8
	Fees and box oflice
	receipts	Ardstlc Programme	188,243
	Programme and refreshment sale	Arlis5c Programme	12,222
	Fees and box clgce
	receipts	Education and Outreach	7,672	1,225
	Fees and box eNce
	receipts	Trading operagons - Raising Funds		(96)
	Hiring Letting (SJM)	Trading operagons - Raising Funds Trading operations - Raising Funds	1,050 ~8776
			~217963	~1133
5.	CHARITABLE ACTIVITIES COSTS
			Support
		Direct	costs (see
		Costs 8	note 6) 5	Totals 5
	Artistic Programme	365,263	454.405	819,668
	Trading operagons -	Raising
	Funds	~26 655		~26655
		391918	~454405	~846 323
8.	SUPPORT COSTS
			Governance
		Management E	costs f	Totals 6
	Arllstlo Programme	~420557	~33848	~454405

	p pa ended 31 March 2021.	year ene arc no	r for the ye
9.	STAFFCOSTS
		31.3.22	31,3.21 f
	Wages and salaries Social security costs Other pension costs	238,396 12,i881 ~13163	218,446 12,616 ~12759
		262 240	243,821

INTANGIBLE FIXEDASSETS
	LTLease f
COST
At 1 April 2021 and 31March 2022	100000
ABORTISATION
At 1April 2021 Charge for year	1,000 ~1000
At 31 March 2022
NET BOOK VALUE
At 31 March 2022
At31March 2021	~99 000

TANGIBLE FIXEDASSETS
				LX&
	Leasehold	Site		Sound
	improvements f	Equipment	Sea6ng f	Equipment
COST
At 1 April 2021	19,237	38,206	59,292	59,761
Additions				~10384
At31 March 2022	19237	38,206	~59292	~70 145
DEPRECIATION
At 1 April 2021	19,237	20,585	56,148	34,432
Charge for year		~3734	~1029	8,326
At31 March 2022	~19237	~24 319	~57 177	~40 758
NET BOOKVALUE
At31March 2022		~13887	~2115	~29 387
At 31March 2021		17,621	~3144	~25329

for th	e Year Ended 1 rch 2022	e Year Ended 1 rch 2022
12.	TANGIBLE FIXEDASSETS - continued
			Otttce	Motor	Computer
			Equipment 6	vehicles 6	equipment 6	Totals L'
	COST
	At 1 April 2021		15,647	39,423	34,785	266,351
	Additions				~12106	~22490
	At 31 March 2022		15,647	39.423	~46 891	2~88841
	DEPRECIATION
	At 1April 2021		15,647	28,216	34,785	209,050
	Charge for year			~4075	2,787	~17951
	At 31 March 2022		~15647	32291	~37572	2~27 001
	NET BOOK VALUE
	At 31March 2022			~7132	~9319	~61 840
	At 31March 2021			~11 207		57,301
13.	FIXEDABSETINVESTMENTS
						Unlisted
						Investment
						6
	MARKET VALUE
	At 1 April 2021 and 31	March 2022
	NET BOOK VALUE
	At 31March 2022
	At 31 March 2021
	There were no Inveslment assets outside		the UK.
14.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE		YEAR
					31.3.22	31.3.21
					6	6
	Trade debtors				90,225	33,147
	Other debtors				2,000	4,300
	Tax Prepayments and accrued income				53,958 ~1831	7 ~3091
					~148014	~40545

CREDIT	ORS: AOBOUNTS FALUNG DUE WITHIN	ONE YEAR
		31.3.22	31.3.21 f
Trade creditors		24,000	38,132
Amounts	owed to group undertakings	1	1
Social security and other taxes		3,597	4,218
VAT		25,615	10,385
Accruals Deferred	Income	91,500 ~7	78,087 ~38125
		~152169	~168928

ANALY	SIS OF NET ASSE	TS BETWEEN FUNDS
				31.3.22	31.3.21
		Unrestricted	Restricted	Total	Total
		funds f	funds f	funds f	funds f
Fixed assets		159.840		159,840	156,301
Irwestments		1		1	1
Current	assets	415,353	13,275	428,628	443,267
Current	liablltdes	~152169)		~152169)	~168928)
		~423025	~13275	~436300	~430641

MOVEMENT IN FUN	D	S
				Net	Transfers
				movement	between	At
			At 1.4.21	In funds	funds	31.3.22
			6		E
Unrestricted funds
General fund			108,475	16,526		125,001
Arlistic development	fund		42,823			42,823
Capital depreciation	fund		61,087	(17,952)	20,000	63,135
Premises fund			82,000			82,000
Eastern Angles Centre
development fund			20,000			20,000
Access and Diversity	fund		10,066		6,000	15.066
Covid Reconstruction		fund	40,000		15,000	55.000
Postponed Activifies Succession fund	fund		50,000 ~10000		(50.000) ~10000	~20000
Restricted funds			424,451	(1,426)		423,025
LEP Grarrt re Gatacre		Dev6Covid
recovery			6,190	(6.190)
Sutfoik County Covid	Continuity
fund				~13275		~13275
			~6190	~7085		~13275
TOTAL FUNDS			430,641	~5659		~436300

Net movement	in fun	ds, induded ln the abov	e are as follows;
			Incoming	Resources	Movement
			resources	expended	in funds
			6		6
Unrestricted	funds
General fund			826,207	(809,681)	16,526
Capital depreciation		fund		~lT952)	~17952)
Restricted funds			826,207	(827,633)	(1,426)
LEP Grant re	Gatacre Dev6Covid
recovery Suti'olk County	Covid	Continuity	12,500	(18,690)	(6,190)
fund			~13275		~13275
			~25 775	~18690)	~7085
TOTAL FUNDS			~851962	~846 323)	~5659

					Net	Transfers
					movement	between
			At	1.420 E	in funds F.	funds	31.3.21 f
Unrestricted funds
General fund			106471		102,204	(100,000)	108,475
Artistic development	fund		42,823				42,823
Capital depreciation Premises fund	fund		75,532 82,000		(14,445)		61,087 82,000
Eastern Angles Centre
development fund			20,000				20,000
Access and Diversity	fund		10,066				10,066
Covid Reconstruction		fund				40,000	40,000
Postponed Activities	fund					50,000	50,000
Succession fund						10,000	~10000
			336.692		87,759		424,451
Restricted funds
LEPGrant re Gatacre		Dsv 8Covid
recovery					6,190		6,190
TOTAL FUNDS			336892		93949		~430641
Comparative net movernsnt in funds,			Induded	in the	above are as	follows:
					Incoming	Resources	Movement
					resources f	expended	in funds K
Unrestricted funds
General fund					458,278	(356,074)	102,204
Capital depreciation	fund					~14445	~14445)
Restricted funds					458,278	(370.519)	87,759
LEPGrant re Gatacm Dev 8 Covid
recovery Heritage fund re Gatacre Dev8					12,500	(6,310)	6,190
Covid recovery					~10000	~10000)
					~22500	~16310	~6190
TOTALFUNDS					~480778	~386829	~93949

DetailedS mentofFinanda for e r Ended 1 March	l vities 2022
		31.3.22	31.3.21
			E
INCOME AND ENDOWMENTS
Donations and legacies
Donations		25,813	16,203
Grants Friends and Companions		552,760 1 198	462,055 1205
		579,771	479,483
Investment Income
interest receivable - trading		297	182
Charitable activities
Fees and bcx oflice receipts		195,915	1,129
Hiring		1.050
Programme and refreshment Letting (SJM)	sale	12,222 ~8776	4
		217,963	1,133
Other income
Theatre Tax Relief		53951
Total Incoming resources		851,982	480,778
EXPENDITURE
Charitable acthritles
Fees and artists wages Technical Costs Irrecoverable VAT Programme Costs		258,101 4,723 9,101 2.346	48,753 1,855 24 826
BarExpenses		8.118	1,409
Marketing Other Direct Costs Spektrfx Service Charges LEP Purchases HLF Purchases Pre production and production	costs	47.550 16,466 3,516 7,302 ~34695	5,842 792 402 6,310 10,000 ~2258
		391,918	78,471
Support costs
llllsna gem ent
Staff Salaries		236,396	218,446
Carried forward		236,396	218,448

Eastern M	s Thea	s Thea			td
Detailed Sta	m		fFine		IAcdvtties
for the Year Ended 31 March					2022
						31.3.22	31.3.21
Management
Brought forward						236.396	218,446
Social security						12,681	12,816
Pensions						13,163	12,759
Premises						33,795	9,904
Communications						21,036	9.091
Travel						79,386	6,620
IT						5,148	2,844
Amorttsation		ofintangible		fixed asseM		1,000	1,000
Depreciation		oftangible		and heritage
assets						~17952	~14445
						420,557	287,725
Governance		costs
Insurance						5,528	5,275
Sundries						24,329	8,252
Legal fees Independent	examiner					1,285 ~2706	4,342 2,764
						~33848	20.633
Total resources		expended				~846 323	~386829
Net income						~5659	~93949