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|||Page|
|---|---|---|
|Reference and Administrative|Details ofthe Charity, its Trustees and Advisers||
|Chair's Statement|||
|Trustees' Report||3-7|
|Trustees' Responsibilities
Statement|||
|Independent
Auditors'
Report|on the Financial Statements|9-12|
|Consolidated
Statement ofFinancial Activities||13|
|Consolidated
Balance Sheet||14|
|Charity Balance Sheet|||
|Consolidated
Statement ofCash Flows|||
|Notes tothe Financial Statements||17-32|
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|Trustees||Richard Bacon|||
|---|---|---|---|---|
|||Emma Bedford (stepped||down 12July 2022)|
|||Maria Crayton (stepped||down 12July 2022)|
|||Diana Hall (stepped|down 12July 2022)||
|||Ben Heald, Chair|||
|||Jenny Hemming,
Deputy
Stephanie Jay||Chair (until 12July 2022)|
|||Chris Ladkin|||
|||Robert O' Leary|||
|||Olu Osinoiki (appointed||30July 20?1)|
|||Elizabeth
Raffle, Deputy||Chair (from 5 September 2022)|
|Company|registered||||
|number||2053843|||
|Charity registered|||||
|number||295178|||
|Registered|office|Great George Street|||
|||Off Park Street|||
|||Bristol|||
|||BS15RR|||
|Company secretary||Lorraine James|||
|Chief executive||Samir Savant (from September 20?1)|||
|Independent|auditors|Bishop Fleming LLP|||
|||Chartered
Accountants|||
|||10Temple Back|||
|||Bristol|||
|||BS16FL|||
|Bankers||CAF Bank Limited|||
|||King's
Hill|||
|||West Mailing|||
|||Kent|||
|||ME194JQ|||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2022|2022|2022|2021|
|||Note|6000|6000|6000|OOOO|
|Income from:|||||||
|Donations
and legacies
Charitable
activities|||431
592|202|633
592|1,289
81|
|Other trading
activities|||361||361|21|
|Total income|||1,384|202|1,586|1,391|
|Expenditure
on:|||||||
|Raising funds|||155||155|21|
|Charitable
activities|||1 132|90|1,222|812|
|Total expenditure|||1,287|90|1,377|833|
|Net income before|taxation||97|112|209|558|
|Taxation|||(6)||(6)||
|Net movement
in funds|||91|112|203|558|
|Reconciliation
offunds:|||||||
|Total funds brought|forward||589|9,082|9,671|9,113|
|Net movement
in funds|||91|112|203|558|
|Total funds carried|forward||680|9,194|9,874|9,671|
##
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|||||2022||2021|
|---|---|---|---|---|---|---|
|||Note||F000||OOOO|
|Fixed assets|||||||
|Tangible assets||||9,747||9,740|
|||||9,747||9,740|
|Current assets|||||||
|Stocks||13|22||18||
|Debtors||14|||318||
|Cash at bank and in hand|||1,032||631||
||||1223||967||
|Creditors: amounts|falling due within one||||||
|year||15|(662)||(583)||
|Net current assets||||561||384|
|Total assets less current liabilities||||10,308||10,124|
|Creditors: amounts|falling due after more||||||
|than one year||||(434)||(453)|
|Net assets||||9,874||9,671|
|Total net assets||||9,874||9,671|
|Charity funds|||||||
|Restricted funds||17||9,194||9,082|
|Unrestricted
funds||17||680||589|
|Totalfunds||||9,874||9,671|
##
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|||||2022||2021|
|---|---|---|---|---|---|---|
|||Note||6000||6000|
|Fixed assets|||||||
|Tangible assets||||9,747||9,715|
|||||9,747||9,715|
|Current assets|||||||
|Debtors||14|337||301||
|Cash at bank and|in hand||782||622||
||||1,119||923||
|Creditors: amounts|falling due within one||||||
|year|||(558)||(514)||
|Net current assets||||561||409|
|Total assets less|current liabilities|||10,308||10,124|
|Creditors: amounts|falling due after more||||||
|than one year||16||(434)||(453)|
|Total net assets||||9,874||9,671|
|Charity funds|||||||
|Restricted funds||17||9,194||9,082|
|Unrestricted
funds||17||680||559|
|Totalfunds||||9,874||9,671|
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|||||2022
6000|2021
f000|
|---|---|---|---|---|---|
|Cash flows from operating||activities||||
|Net cash used
in operating||activities - note|19|452|257|
|Cash flows from investing||activities||||
|Purchase oftangible fixed assets
Proceeds from disposals||||(68)
36|(59)|
|Net cash used in investing||activities||(32)|(59)|
|Cash flows from financing||activities||||
|Repayments
of borrowing||||(19)||
|Net cash (used in)/provided||by financing|activities|(19)||
|Change
in cash and cash|equivalents
in||the year|401|199|
|Cash and cash equivalents|at the beginning||ofthe year|631|432|
|Cash and cash equivalents||atthe end of|the year|1,032|531|
|The notes on pages 17to 32 form part ofthese financial state/sents||||||
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||Unrestricted|Restncted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2022|2022|2022|2021|
||5000|f000|6000|f000|
|Donations|165||165|177|
|Legacies|33||33|130|
|Grants|233|202|435|982|
||431|202|633|1,289|
|TOTAL 2021|1,205|83|1,289||
##
|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2022|2022|2021|
|||||6000|6000|f000|
||Promotions,|hires and education||592|592|81|
||TOTAL 2021|||81|81||
|5.|INCOME FROM OTHER TRADING ACTIVITIES||||||
||Income from|non charitable|trading activities||||
##
||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2022|2022|2021|
||5000|F000|f000|
|Sales|361|361|21|
|TOTAL 2021||21||
|ANALYSIS OF EXPENDITURE BYACTIVITIES||||
|||Activities||||
|---|---|---|---|---|---|
|||undertaken|Support|Total|Total|
|||dll ectiY|costs|funds|funds|
|||2022|2022|2022|2021|
|||6000|f000|6000|5000|
|Promotions,|hires and education|406|816|1,222|812|
|TOTAL 2021||63|749|812||
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|||||Promotions,|||
|---|---|---|---|---|---|---|
|||||hires and|Total|Total|
|||||education|funds|funds|
|||||2022|2022|2021|
|||||f000|f000|f000|
|Marketing
and box office||||48|48||
|Other costs|||||1||
|Artists' fees, programmes||and related|items|357|357|54|
|||||408|406|63|
|TOTAL 2021||||63|63||
|ANALYSIS OF SUPPORT||COSTS|||||
|||||Promotions,|||
|||||hires and|Total|Total|
|||||education|funds|funds|
|||||2022|2022|2021|
|||||f000|f000|f000|
|Staff costs||||562|562|570|
|Depreciation||||36|36|18|
|Property costs||||109|109|82|
|Covid-related|costs|||5|5|3|
|Legal and professional||||44|44|24|
|Office costs||||30|30|23|
|Bank charges||||20|20|20|
|Auditors'
remuneration||||10|10|9|
|||||816|816|749|
|TOTAL 2021||||749|749||
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||Group|Group|Charity|Charity|
|---|---|---|---|---|
||2022|2021|2022|2021|
||6000|6000|8000|6000|
|Wages and salaries|538|517|498|513|
|Social security costs|45|37|45|37|
|Other pension costs|19|20|19|20|
||602|574|562|570|
||Group|Group|
|---|---|---|
||2022|2021|
||No.|No.|
|Employees|39|41|
|Group|Group|
|---|---|
|2022|2021|
|No.|No.|
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||Long-term|||
|---|---|---|---|
||leasehold|Fixtures and||
||property|fittings|Total|
|COST OR VALUATION|6000|8000|6000|
|At 1 April 2021
Additions|9,489
4|946
64|10,435
68|
|At 31 March 2022|9,493|1,010|10,503|
|DEPRECIATION||||
|At 1 April 2021
Charge for the year||720
36|720
36|
|At 31 March 2022||756|756|
|NET BOOK VALUE||||
|At 31 March 2022|9,493|254|9,747|
|At 31 March 2021|9,489|226|9,715|
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||Name|||Company
number|Registered office or principal
place ofbusiness|Registered office or principal
place ofbusiness|Registered office or principal
place ofbusiness|Registered office or principal
place ofbusiness|Registered office or principal
place ofbusiness|Holding|
|---|---|---|---|---|---|---|---|---|---|---|
||SGB Enterprises||Limited|04344449|Great George Street, Off Park|||||100%|
|||||||Street, Bristol,||BS15RR|||
||The financial|results ofthe subsidiary||for the year were:|||||||
||Name|||||Income
6000||Expenditure
8000||Profit/(Loss)
/ Surplus/|
|||||||||||(Deficit) for|
|||||||||||the year|
|||||||||||6000|
||SGBEnterprises||Limited|||361|||(158)|203|
|13.|STOCKS||||||||||
||||||||||Group|Group|
||||||||||2022|2021|
||||||||||6000|6000|
||Food and drink for resale||||||||22|18|
|14.|DEBTORS||||||||||
|||||Group
2022||Group
2021|||Charity
2022|Charity
2021|
||||||5000|6000|||8000|6000|
||DUE WITHIN|ONE YEAR|||||||||
||Trade debtors||||58||56||19|20|
||Amounts
owed by||group undertakings||||||219|22|
||Other debtors||||||16|||13|
||Prepayments|and accrued income||||246|||99|246|
|||||||318|||337|301|
##
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||||Group
2022|Group
2021|Charity
2022|Charity
2021|
|---|---|---|---|---|---|---|
||||5000|EOOO|6000|5000|
|Bank loans
Trade creditors
Other taxation
and social security
Other creditors
Accruals and deferred
income|||19
116
23
209
295|19
72
28
186
298|19
85
23
209
222|19
73
25
165
232|
||||662|583|558|514|
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|Deferred|income||Group
2022
5000|Group
2021
OOOO|Charity
2022
OOOO|Charity
2021
5000|
|---|---|---|---|---|---|---|
|Deferred income at 1 Apri1
Resources deferred
during the year
Amounts
released
from previous
periods|||237
207
(237)|152
237
(152)|174
148
(174)|145
174
(145)|
|Deferred|income at 31 March||||||
|||||||174|
##
|||Group
2022
6000|Group
2021
5000|Charity
2022
EOOO|Charity
2021
5000|
|---|---|---|---|---|---|
|Bank|loans|434|453|434|453|
||||G.oup
2022|Group
2021|Charity
2022|Charity
2021|
|---|---|---|---|---|---|---|
||||:EOOO|5000|5000|f000|
|Repayable|by|instalments|351|373|351|373|
||||351|373|351|373|
##
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||Balance at 1
April 2021
6000|Income
5000|Expenditure
5000|Transfers
in/out
6000|Balance at
31March
2022
6000|
|---|---|---|---|---|---|
|UNRESTRICTED FUNDS||||||
|DESIGNATED FUNDS||||||
|The Development
Fund
Culture
Recovery Fund|382
47|||225
(47)|607|
||429|||178|607|
|GENERAL FUNDS||||||
|Charity|160|1,384|(1,293)|(178)|73|
|TOTAL UNRESTRICTED||||||
|FUNDS|589|1,384|(1,293)||880|
|RESTRICTED FUNDS||||||
|Artistic and Learning
&||||||
|Participation
Projects Fund
Fixed Assets Fund
SGBRevival Project|86
8,996|114
88|(69)
(21)||131
8,975
88|
||9,082|202|(90)||9,194|
|TOTAL OF FUNDS|9,671|1,586|(1,383)||9,874|
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|||Balance at
1 April2020
f000|Income
;"000|Expenditure
f000|Transfers
in/out
8000|Balance at
31 March
2021
6000|
|---|---|---|---|---|---|---|
|UNRESTRICTED|FUNDS||||||
|DESIGNATED FUNDS|||||||
|The Development
Fund
Culture Recovery Fund||100|||282
47|382
47|
|||100|||329|429|
|GENERAL FUNDS|||||||
|Charity||9|1,308|(828)|(329)|160|
|TOTAL UNRESTRICTED|||||||
|FUNDS||109|1,308|(828)||589|
|RESTRICTED FUNDS|||||||
|Artistic and Learning|&||||||
|Participation
Projects Fund
Fixed Assets Fund||3
9,001|83|(5)||86
8,996|
|||9,004|83|(5)||9,082|
|TOTAL OF FUNDS||9,113|1,391|(833)||9,671|
##
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|ANALY|SIS O|F NET ASSETS BETWEEN FUND|S -CURRENT YEAR|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2022|2022|2022|
||||f000|f000|f000|
|Tangible
Current
Creditors
Creditors|fixed
assets
due
due|assets
within one year
in more than one year|136
1,187
(643)|9,611
36
(19)
(434)|9,747
1,223
(662)
(434)|
|TOTAL|||680|9,194|9,874|
##
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2021
f000|2021
f000|2021
f000|
||Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year||151
957
(519)|9,589
10
(64)
(453)|9,740
967
(583)
(453)|
||TOTAL||589|9,082|9,671|
|19.|RECONCILIATION
ACTIVITIES|OF NET MOVEMENT|IN FUNDS TO NET CASH FLOW|FROM OPERATING||
|||Group|Group|
|---|---|---|---|
|||2022|2021|
|||f000|f000|
|Net income for the year (as per Statement|of Financial Activities)|203|558|
|ADJUSTMENTS FOR:||||
|Depreciation
charges||44|18|
|Decrease/(increase)
in stocks
Decrease/(increase)
in debtors
Increase/(decrease)
in creditors||(4)
149
60|4
(203)
(120)|
|NET CASH PROVIDED BYOPERATING|ACTIVITIES|452|257|
##
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||Group|Group|
|---|---|---|
||2022|2021|
||f000|f000|
|Cash in hand|1,032|631|
|TOTAL CASH AND CASH EQUIVALENTS|1,032|631|
##
||||||At 1 April||At 31 liilaroh|
|---|---|---|---|---|---|---|---|
||||||2021|Cash flows|2022|
||||||f000|f000|f000|
|Cash|at|bank and||in hand|631|401|1,032|
|Debt|due|within|1|year|('18)||(18)|
|Debt|due|after 1|year||(453)|18|(434)|