##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|
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|