2023-03-31-accounts - Eastern Angles Theatre Company Limited

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for th Year Ended	31 March	2023
						31.3.23	31.3.22
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes	F		F
INCOME AND ENDOWMENTS Donations and legacies		FROM	2	385,043	40,000	425,043	579,772
Charitable activities
Artistic Programme Education and Outreach				81,219 6,125		81,219 6,125	200,465 7,672
Trading operations -	Raising Funds			37,846		37,846	9,826
investment income				1,726		1,726	296
Other income				54,655		54655	53,951
Total				566614	40,DDD	606614	851 982
EXPENDITURE ON
Charitable activities
Artistic Programme Trading operations - Raising Funds				505,302 29,609	33,475	538,777 29,609	819,668 26,655
Total				534911	33,475	568,386	846 323
NET INCOME				31,703	6,525	38,228	5,659
RECONCILIATION	OF FUNDS
Total funds brought	forward			423,025	13,275	436,300	430,641
TOTAL FUNDS CARRIED FORWARD				454,728	19,80D	474 528	436300

31 March 2023
		31.3.23	31.3.22
	Notes		E
FIXEDASSETS
Intangible assets	11	97,000	98,000
Tangible assets	12	80,410	61,840
Investments	13	1	1
		177,411	159,841
CURRENT ASSETS
Debtors	14	141,024	148,014
Cash at bank and in hand		343,572	280,614
		484,596	428,628
CREDITORS
Amounts falling due within one year	15	(187,479)	(152,169)
NET CURRENT ASSETS		297117	276,459
TOTAL ASSETSLESSCURRENT
LIABILITIES		474,528	436,300
NETASSETS		474 528	436,300
FUNDS	17
Unrestricted funds		454,728	423,025
Restricted funds		19,800	13,275
TOTAL FUNDS		474,528	436,300

				31.3.23	31.3.22
			Notes
Cash flows from	operating	activities
Cash generated from operations				122,236	24,037
Tax paid				~54,656	~53,951
Net cash provided	by/(used	in) operating	activities	67,580	29914
Cash flows from	investing	activities
Purchase ofintangible fixed		assets			(70,000)
Purchase oftangible fixed assets				(37,564)	(22,490)
Interest received				1,726	296
Net cash (used in)/provided		by investing	activities	$35,838)	~92 193)
Change in cash	and cash	equivalents
in the reporting	period			31,742	(122,108)
Cash and cash equivalents		at the
beginning ofthe	reporting	period		280,614	402,722
Cash and cash equivalents		at the end
ofthe reporting	period			343,572	280,614

RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM	OF NET INCOME TO NET CASH FLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
			31.3.23	31.3.22
				F
Net income for the reporting Financial Activities)		period {asper the Statement of	38,228	5,659
Adjustments for: Depreciation charges			19,994	18,952
interest received			(1,726)	(296)
Theatre tax relief			13,044
Decrease/(increase) (Decrease)/increase	in debtors in creditors		61,646 ~8,950	(53,518) 53240
Net cash provided	by operations		122,236	24037

ANALYSIS OF CHANGES IN NET FUND	S
	At 1.4.22	Cash flow	At31.3.23
Net cash
Cash at bank and in hand	280,614	62958	343 572
	280614	62958	343,572
Total	280 614	62 958	343572

residual value) over their esti impairment is undertaken.	mated useful economic	mated useful economic	live
Leasehold Improvements	10% - 20%straight		line
Office Equipment	10% - 25%straight		line
LXand Sound Equipment	10%straight	line
Computer Equipment Seating	25%straight 10%straight	line line
Motor Vehicles	25%straight	line
Site Equipment	10%straight	line

DONATIONS AND LEGA	CIES
			31.3.23	31.3.22
				E
Donations			16,518	25,813
Grants			407,464	552,761
Friends and Companions			1 061	1,198
			425,043	576,772
Grants received, included	in the above, are as follows:
			31.3.23	31.3.22
Arts Council England East			224,457	224,457
Suflolk County Council			21,420	35,145
Essex County Council			5,000
Ipswich Borough Council - Revenue grant			7,500	7,500
Mid Suffolk District Council			1,000	1,000
Babergh District Council			400	400
Esmee Fairbum Trust				8,000
Other 0&H Hampton			11,836	4,500 5,774
Broads Authority/NLHF			30,000
Virldor			10,000
HMRC - Coronavirus Job Retention Scheme				20,273
LEP grant re Gatacre Dev	&Covid recovery			12,500
Covid recovery grants			1,475
Peterborough City Council	Covid grants			12,227
Ipswich Borough Council Covid grants				28,752
East Suffolk Council Covid	Grant			2,000
Ipswich Borough Council Eastern Angles		Centre	7,925	11,265
Creative Arts re kickstarts			15,423	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 Llnley			58,439
Arts Council England East	- per Matthew	Linley Tour extension		8,500
Suffolk County Council Holiday Activities/AU			17,878	11,160
Historic England			11,500
Theatres Trust - Wolfson Grant			20,000
National Lottery Heritage Fund			20,000
Other grants			1,650	4,206
			407464	552 761

for th	e Year Ended 31 March 2	0	23
3.	INVESTMENT INCOME				31.3.23	31.3.22f
	Interest receivable - trading				~1726	296
4.	INCOME FROM CHARITABLE ACTIVITIES				31.3.23	31.3.22
		Activity
	Fees and box office
	receipts	Artistic Programme			75,241	188,243
	Programme and refreshment. sale		Artistic Programme		5,978	12,222
	Fees and box office
	receipts Hiring Letting (SJM)		Education and Outreach Trading operations - Raising Funds Trading operations - Raising Funds		6,125 9,318 28 528	7,672 1,050 8T76
					125190	21T963
5.	CHARITABLE ACTIVITIES		COSTS
					Support
				Direct	costs (see
				Costs	note 6)	Totals
					R
	Artistic Programme Trading operations - Raising		Funds	185,278 29809	353,499	538,777 29609
				214.887	353,499	568386
6.	SUPPORT COSTS
					Governance
				Management	costs	Totals
	Artistic Programme			332309	21 190	353499
7.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is	stated after charging/(crediting):
					31.3.23	31.3.22
					F
	Depreciation - owned assets LTLease amortisation				18,994 1 DDD	17,951 ~1000

STAFF COSTS
	31.3.23f	31.3.22f
Wages and salades	235,499	236,396
Social security costs Other pension costs	12,312 11697	12,681 13163
	259508	262,240

and have not impacted funds or the Statement of Financial Act INTANGIBLE FIXEDASSETS	ivities.
	LTLeasef
Cost
At 1 April 2022 and 31 March 2023	100,000
Amortisation
At 1 April 2022	2,000
Charge for year	1,000
At 31 March 2023	3,000
Net book value
At 31 March 2023	97000
At 31 March 2022	98000

for th	e Year Ended 31 March 2023	e Year Ended 31 March 2023
12.	TANGIBLE FIXEDASSETS
		Leasehold	Site		LX8 Sound
		improvements	Equipment	Seating	Equipment
	Cost
	At 1 April 2022 Additions	19,237	38,206 36109	59,292	70,145
	At 31 March 2023	~19237	74315	59,292	70 145
	Depreciation At 1 April 2022 Charge for year	19,237	24,319 4,095	57,177 1,029	40,758
	At 31 March 2023	19237	28414	58 206	40,758
	Net book value
	At 31 March 2023		45,901	1 086	~29 387
	At 31 March 2022		13887	2 115	29,387
		Office	Motor	Computer
		Equipment	vehiclesf	equipment	Totals
	Cost
	At 1 April 2022 Additions	15,647	39,423	46,891 1 455	288,841 37,564
	At 31 March 2023	~15 647	39,423	48 348	3~26405
	Depreciation
	At 1 April 2022 Charge for year	15,647 P	32,291 4 075	37,572 9795	227,001 18994
	At 31 March 2023	15,647	36366	47,367	245995
	Net book value
	At 31 March 2023		3057	979	80,410
	At 31 March 2022		7,132	9,319	~61 840
13.	FIXEDASSET INVESTMENTS
					Unlisted
					investments
	Market value
	At 1 April 2022 and 31 March 2023
	Net book value
	At 31 March 2023				1
	At 31 March 2022				1
	There were no investment	assets outside the UK.

14.	DEBTORS:A	MOUNTS FALLING D	UE WITHIN ONE Y	EAR
					31.3,23	31,3.22f
	Trade debtors				26,944	90,225
	Other debtors				3,818	2,000
	Tax				108,614	53,958
	Prepayments	and accrued income			1 648	1 831
					141024	148014
15.	CREDITORS'	AMOUNTS FALUNG	DUE WITHIN ONE	YEAR
					31.3.23f	31.3.22 F
	Trade creditors				23,004	24,000
	Amounts owed to group undertakings				1	1
	Social security	and other taxes			4,150	3,597
	VAT				13,552	25,615
	Accruals				95,056	91,500
	Deferred income				51,716	7,456
					187479	152,169
18.	ANALYSIS OF NETASSETS BETWEEN FUNDS
					31.3.23	31.3.22
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
				P
	Fixed assets		157,610	19,800	177,410	159,840
	Investments		1		1	1
	Current assets Current liabilities		477,941 ~180824)	6,655 ~8655)	484,596 {187,479)	428,628 {152,189)
			454,728	19,800	474,528	436,300

IIIIOVEINENT IN FUN	DS
					Net	Transfers
					movement	between
				At 1.4.22	in fundsf	funds	At 31.3.23
Unrestricted funds
General Fund				125,001	31,864	(19,000)	137,865
Artistic Development Fund Depreciation and Maintenance Premises Fund		Fund		42,823 63,135 82,000	(161)	7,000 12,000	49,823 75,135 81,839
Development Fund Access and Diversity	Fund			20,000 15,066			20,000 15,066
Covid Reconstruction	Fund			55,000			55,000
Succession Fund				20,000			20,000
				423,025	31,703		454,728
Restricted funds
Suffolk County Covid Continuity Theatres Trust Wolfson Fund			Fund	13,275	(13,275) 19,800		19,800
				13,275	6,525		19,800
TOTAL FUNDS				436300	38,228		474,528
Net movement in funds, induded			in the	above are as follows:
					Incoming	Resources	Movement
					resources	expendedf	in funds E
Unrestricted funds
General Fund Premises Fund					566,614	(534,750) ~181)	31,864 ~161)
					566,614	(534,911)	31,703
Restricted funds
Suffolk County Covid Continuity National Lottery Heritage Fund Theatres Trust Wolfson Fund			Fund		20,000 20 DOO	(13,275) (20,000) ~200)	(13,275) 18800
					40,000	~33475	6525
TOTAL FUNDS					606,614	568386	38,228

Comparatives for m	ovement	in funds
				Net	Transfers
				movement	between
			At 1.4.21	in funds	funds	At 31.3.22
					E	f.
Unrestricted funds
General Fund			108,475	16,526		125,001
Artistic Development	Fund		42,823			42,823
Depreciation and Maintenance		Fund	61,087	(17,952)	20,000	63,135
Premises Fund			82,000			82,000
Development Fund			20,000			20,000
Access and Diversity	Fund		10,066		5,000	15,066
Covid Reconstruction	Fund		40,000		15,000	55,000
Postponed Activities	Fund		50,000		(50,000)
Succession Fund			10000		10000	20000
			424,451	(1,426)		423,025
Restricted funds
LEP Grant re Gatacre Dev &Covid
Recovery			6,190	(6,190)
Suffolk County Covid	Continuity	Fund		13275		13,275
			8190	7085		13275
TOTAL FUNDS			430641	5,659		436,300

Comparative	net movement in f	unds, included in	the above are as follo	ws:
			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted	funds
General Fund			826,207	(809,681)	16,526
Depreciation	and Maintenance	Fund		~17952)	~17952)
			826,207	(827,633)	(1,426)
Restricted funds
LEP Grant re	Gatacre Dev &Covid
Recovery			12,500	(18,690)	(6,190)
Suffolk County Covid Continuity		Fund	13275		13,275
			25 775	~18,690	7085
TOTAL FUNDS			851,982	~848323)	5659

			31.3.23	31.3.22
				F
INCOME AND ENDOWMENTS
Donations and	legacies
Donations			16,518	25,813
Grants			407,464	552,761
Friends and Coinpanions			1,061	1,198
			425,043	579,772
Investment income
Interest receivable - trading			1,726	2S6
Charitable activities
Fees and box office receipts			81,366	195,915
Hiring			9,318	1,050
Programme and	refreshment	sale	5,978	12,222
Letting (SJM)			28,528	8 778
			125,190	217,963
Other income
Theatre Tax Relief			54,655	53,951
Total incoming	resources		606,614	851,982
EXPENDITURE
Charitable activities
Fees and artists	wages		141,254	258,101
Technical Costs			6,089	4,723
Irrecoverable VAT			{1,249)	9,101
Programme Costs			1,896	2,346
BarExpenses			6,095	8,118
Marketing			16,094	47,550
Other Direct Costs			23,426	16,466
Spektrix Service	Charges		2,590	3,516
LEP Purchases				7,302
Pre production and production		costs	18,692	34,695
			214,887	391,918
Support costs
Management
Staff Salaries			235,499	236,396
Social security			12,312	12,681
Pensions			11,697	13,163
Premises			26,495	33,795
Communications			12,426	21,036
Travel			8,977	79,386
Carried forward			307,406	396,457

rthe Year E	nded	March 2 23
			31.3.23	31.3.22
Management Brought forward IT			307,406 4,909	396,457 5,148
Amortisation	of intangible	fixed assets	1,000	1,000
Depreciation assets	oftangible	and heritage	18994	17952
			332,309	420,557
Governance	costs
Insurance Sundries Legal fees Independent	examiner		5,627 10,278 2,504 2,781	5,528 24,329 1,285 2706
			21 190	33848
Totalresources	expended		568386	846323
Net income			38228	5659