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|||||||Page|
|---|---|---|---|---|---|---|
|Reference and Administrative|||Details ofthe Charity,|its Trustees|and Advisers||
|Chair's Statement|||||||
|Trustees'
Report||||||3-6|
|Trustees'
Responsibilities||Statement|||||
|Independent
Auditors'|Report||on the Financial Statements|||8-11|
|Consolidated
Statement||of Financial Activities||||12|
|Consolidated
Balance|Sheet|||||13|
|Charity Balance Sheet||||||14|
|Consolidated
Statement||ofCash Flows||||15|
|Notes to the Financial|Statements|||||16-30|
##
|Trustees|||Richard Bacon (stepped|Richard Bacon (stepped|Richard Bacon (stepped||down 27|down 27|June 2023)|June 2023)|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Emma Bedford (stepped||||down 12 July 2022)||||||||||
||||Douglas Bott (appointed||||30 January 2023)||||||||||
||||Mark Bowers (appointed||||30 January 2023)||||||||||
||||Katherine
Branch|(appointed||||30 January||2023)|||||||
||||Maria Crayton
(stepped|||down||12 July 2022)|||||||||
||||Christian
Cull (appointed||||30 January 2023)||||||||||
||||Anna Farthing
(appointed||||30|January 2023)|||||||||
||||Diana Hall (stepped||down||12|July|2022)||||||||
||||Ben Heald, Chair||||||||||||||
||||Jenny
Hemming,|Deputy|||Chair
(until
12 July 2022)|||||(stepped|down|5 December|||
||||2022)||||||||||||||
||||Stephanie
Jay||||||||||||||
||||Paul
Kenyon,
Deputy|||Chair||(from 27||September|2023) (appointed||||30 January||
||||2023)||||||||||||||
||||Chris Ladkin||||||||||||||
||||Robert O' Leary||||||||||||||
||||Olu Osinoiki||||||||||||||
||||Elizabeth
Raffle,||Deputy||Chair||(from|5 September||2022)|(stepped||down|27|
||||September 2023)||||||||||||||
||||Madeline
Toy (appointed||||30 January 2023)||||||||||
|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||||||||||||||
|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|
|||||2023|2023|2023|2022|
||||Note|f000|OOOO|f000|f000|
|Income from:||||||||
|Donations
and legacies||||618|125|743|633|
|Charitable
activities||||696||696|592|
|Other trading
activities||||635||635|361|
|Investments||||5||5||
|Total income||||1,954|125|2,079|1,586|
|Expenditure
on:||||||||
|Raising funds||||329||329|155|
|Charitable
activities||||1 327|163|1,490|1,222|
|Total expenditure||||1,656|163|1,819|1,377|
|Net income/(expenditure)
taxation||before||298|(38)|260|209|
|Taxation|||||||(6)|
|Net movement
in funds||||298|(38)|260|203|
|Reconciliation
offunds:||||||||
|Total funds brought|forward|||680|9,194|9,874|9,671|
|Net movement
in funds||||298|(38)|260|203|
|Total funds carried forward||||978|9,156|10,134|9,874|
##
||||||2023||2022|
|---|---|---|---|---|---|---|---|
||||Note||OOOO||2000|
|Fixed assets||||||||
|Tangible assets|||||9,708||9,747|
||||||9,708||9,747|
|Current assets||||||||
|Stocks|||13|29||22||
|Debtors|||14|246||169||
|Cash at bank and|in|hand||1,237||1,032||
|||||1,512||1,223||
|Creditors: amounts||falling due within one||||||
|year|||15|(671)||(662)||
|Net current assets|||||841||561|
|Total assets less|current liabilities||||10,549||10,308|
|Creditors: amounts
than one year||falling due after more|16||(415)||(434)|
|Total net assets|||||10,134||9,874|
|Charity funds||||||||
|Restricted
funds|||17||9,156||9,194|
|Unrestricted
funds||||||||
|Designated
funds|||17|645||607||
|General funds|||17|333||73||
|Total unrestricted|funds||17||978||680|
|Total funds|||||10,134||9,874|
##
|||||||2023||2022|
|---|---|---|---|---|---|---|---|---|
|||||Note||f000||f000|
|Fixed assets|||||||||
|Tangible assets||||||9,708||9,747|
|||||||9,708||9,747|
|Current assets|||||||||
|Debtors||||14|358||337||
|Cash at bank and|in|hand|||1,047||782||
||||||1,405||1,119||
|Creditors: amounts||falling|due within one||||||
|year||||15|(564)||(558)||
|Net current assets||||||841||561|
|Total assets less|current||liabilities|||10,549||10,308|
|Creditors: amounts
than one year||falling|due after more|16||(415)||(434)|
|Total net assets||||||10,134||9,874|
|Charity funds|||||||||
|Restricted
funds||||17||9,156||9,194|
|Unrestricted
funds|||||||||
|Designated
funds||||17|645||607||
|General funds||||17|333||73||
|Total unrestricted|funds|||17||978||680|
|Total funds||||||10,134||9,874|
##
|||||2023|2022|
|---|---|---|---|---|---|
|||||f000|f000|
|Cash flows from operating|activities|||||
|Net cash used
in operating|activities - note||19|239|452|
|Cash flows from investing|activities|||||
|Purchase
oftangible
fixed assets||||(15)|(68)|
|Proceeds from disposals|||||36|
|Net cash used in investing|activities|||(15)|(32)|
|Cash flows from financing|activities|||||
|Repayments
of borrowing||||(19)|(19)|
|Net cash used in financing|activities|||(19)|(19)|
|Change
in cash and cash|equivalents|in|the year|205|401|
|Cash and cash equivalents|at the beginning||ofthe year|1,032|631|
|Cash and cash equivalents|at the end ofthe year|||1,237|1,032|
|The notes on pages 16to 30 form part ofthese financial statements||||||
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2023|2023|2022|
||||f000|f000|f000|
|Promotions,||hires and||||
|Learning|&|Participation|696||592|
|TOTAL 2022|||592|592||
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2023|2023|2022|
|||f000|OOOO|OOOO|
|Sales||635|635|361|
|TOTAL|2022|361|361||
||||Activities||||
|---|---|---|---|---|---|---|
||||undertaken|Support|Total|Total|
||||directly|costs|funds|funds|
||||2023|2023|2023|2022|
||||OOOO|f000|OOOO|f000|
|Promotions,|hires and Learning|8 Participation|427|1,063|1,490|1,222|
|TOTAL 2022|||406|816|1,222||
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|||||Prom otions,|||
|---|---|---|---|---|---|---|
|||||hires and|Total|Total|
|||||education|funds|funds|
|||||2023|2023|2022|
|||||f.000|OOOO|f.000|
|Marketing|and box office|||38|38|48|
|Other costs||||||1|
|Artists' fees, programmes||and related|items|389|389|357|
|||||427|427|406|
|TOTAL2|22|||406|406||
##
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|||Promotions,|||
|---|---|---|---|---|
|||hires and|Total|Total|
|||education|funds|funds|
|||2023|2023|2022|
|||f000|FOOO|F000|
|Staff costs||765|765|562|
|Depreciation||54|54|36|
|Property costs||157|157|109|
|Covid-related|costs|||5|
|Legal and professional||24|24|44|
|Office costs||30|30|30|
|Bank charges||21|21|20|
|Auditors'
remuneration||12|12|10|
|||1,063|1,063|816|
|TOTAL 2022||816|816||
##
||Group|Group|Charity|Charity|
|---|---|---|---|---|
||2023|2022|2023|2022|
||f000|OOOO|OOOO|f000|
|Wages and salaries|795|538|679|498|
|Social security costs|62|45|62|45|
|Other pension costs|24|19|24|19|
||881|602|765|562|
|Group|Group|
|---|---|
|2023|2022|
|No.|No.|
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||Long-term|||
|---|---|---|---|
||leasehold|Fixtures and||
||property
FOOO|fittings
OOOO|Total
f000|
|COST OR VALUATION||||
|At 1 April 2022|9,493|1,027|10,520|
|Additions||15|15|
|At 31 March 2023|9,493|1,042|10,535|
|DEPRECIATION||||
|At 1 April 2022||773|773|
|Charge for the year||54|54|
|At 31 March 2023||827|827|
|NET BOOK VALUE||||
|At 31 March 2023|9,493|215|9,708|
|At 31 March 2022|9,493|254|9,747|
##
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||Name||||Company|Registered|Registered|office or principal|office or principal|office or principal|Holding|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||number|place ofbusiness||||||
||SGB Enterprises|||Limited|04344449|Great George Street, Off Park|||||l00'/0|
||||||||Street, Bristol,||BS15RR|||
||The financial||results ofthe subsidiary||for the year were:|||||||
||Name||||||Income||Expenditure||Surplus for|
||||||||f000|||f000|the year|
||||||||||||OOOO|
||SGB Enterprises|||Limited|||635|||(504)|131|
|13.|STOCKS|||||||||||
|||||||||||Group|Group|
|||||||||||2023|2022|
|||||||||||f000|OOOO|
||Food and|drink for resale||||||||29|22|
|14.|DEBTORS|||||||||||
|||||||Group|Group|||Charity|Charity|
|||||||2023|2022|||2023|2022|
|||||||f000|f000|||f000|f000|
||DUE WITHIN||ONE YEAR|||||||||
||Trade debtors|||||94||58||29|19|
||Amounts|owed by||group undertakings||||||178|219|
||Other debtors|||||6||||5||
||Prepayments||and|accrued income||146||||146|99|
|||||||246||169||358|337|
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||||||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|2023|2022|
||||||||F.000|f000|FOOO|FOOO|
|Bank loans|||||||20|19|20|19|
|Trade creditors|||||||91|116|79|85|
|Other taxation||and|social security||||41|23|41|23|
|Other creditors|||||||200|209|198|209|
|Accruals|and deferred|||income|||319|295|226|222|
||||||||671|662|564|558|
||||||||Group|Group|Charity|Charity|
||||||||2023|2022|2023|2022|
||||||||f000|FOOO|FOOO|FOOO|
|Deferred|income||||||||||
|Deferred|income at 1|||April|||207|237|148|174|
|Resources deferred|||during||the year||223|207|154|148|
|Amounts|released||from previous|||periods|(207)|(237)|(148)|(174)|
|Deferred|income at|||31 March|||223|207|154|148|
##
|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2023|2022|2023|2022|
|||FOOO|f000|F000|FOOO|
|Bank|loans|415|434|415|434|
||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2023|2022|2023|2022|
||||F000|FOOO|f000|FOOO|
|Repayable|by|instalments|327|351|327|351|
||||327|351|327|351|
##
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|STATEMENT OF FUNDS - CU|RRENT YEAR|||||
|---|---|---|---|---|---|
||||||Balance at|
||Balance at 1|||Transfers|31 March|
||April 2022
f000|Income
f000|Expenditure
f000|in/out
f000|2023
f000|
|UNRESTRICTED FUNDS||||||
|DESIGNATED FUNDS||||||
|The Development
Fund|607||(2)|(605)||
|Remedial
Capital Works Fund||||500|500|
|Agency Fund||||145|145|
||607||(2)|40|645|
|GENERAL FUNDS||||||
|Charity|73|1,953|(1,653)|(40)|333|
|TOTAL UNRESTRICTED||||||
|FUNDS|680|1,953|(1,655)||978|
|RESTRICTED FUNDS||||||
|Artistic and Learning
&
Participation
Projects Fund|131|119|(128)||122|
|Fixed Assets Fund|8,975||(28)||8,947|
|Remedial
Capital Works Fund|88||(7)||81|
|Bursary Fund|||||6|
||9,194|125|(163)||9,156|
|TOTAL OF FUNDS|9,874|2,078|(1,818)||10,134|
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|STATEMENT OF FUNDS - PRI|OR YEAR|||||
|---|---|---|---|---|---|
||||||Balance at|
||Balance at|||Transfers|31 March|
||1 April 2021
f000|Income
f000|Expenditure
f000|in/out
f000|2022
f000|
|UNRESTRICTED FUNDS||||||
|DESIGNATED FUNDS||||||
|The Development
Fund|382|||225|607|
|Remedial
Capital Works Fund|47|||(47)||
||429|||178|607|
|GENERAL FUNDS||||||
|Charity|160|1,384|(1,293)|(178)|73|
|TOTAL UNRESTRICTED||||||
|FUNDS|589|1,384|(1,293)||680|
|RESTRICTED FUNDS||||||
|Artistic and Learning
8||||||
|Participation
Projects Fund|86|114|(69)||131|
|Fixed Assets Fund|8,996||(21)||8,975|
|SGB Revival Project||88|||88|
||9,082|202|(90)||9,194|
|TOTAL OF FUNDS|9,671|1,586|(1,383)||9,874|
##
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|ANALY|SIS O|F NET ASSETS BETWEEN FUND|S - CURRENT YEAR|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2023|2023|2023|
||||FOOO|f000|OOOO|
|Tangible|fixed|assets|125|9,583|9,708|
|Current|assets||1,504|8|1,512|
|Creditors|due|within one year|(651)|(20)|(671)|
|Creditors|due|in more than one year||(415)|(415)|
|TOTAL|||978|9,156|10,134|
##
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|ANALY|SIS O|F NET ASSETS BETWEEN FUNDS|- PRIOR YEAR|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2022|2022|2022|
||||f000|f000|f000|
|Tangible|fixed|assets|136|9,611|9,747|
|Current|assets||1,187|36|1,223|
|Creditors|due|within one year|(643)|(19)|(662)|
|Creditors|due|in more than one year||(434)|(434)|
||||680|9,194|9,874|
##
##
||||||Group|Group|
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||f000|f000|
|Net income|for the year (as per Statement||of Financial|Activities)|260|203|
|ADJUSTMENTS FOR:|||||||
|Depreciation|charges|||||44|
|Increase
in|stocks||||(7)|(4)|
|Decrease/(increase)||in debtors|||(77)|149|
|Increase
in|creditors|||||60|
|NET CASH|PROVIDED BYOPERATING||ACTIVITIES||239|452|
##
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|||||||Group|Group|
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||FOOO|f000|
|Cash|in|hand||||1,237|1,032|
|TOTAL||CASH|AND|CASH|EQUIVALENTS|1 237|1,032|
##
||||At 1 April||At 31 March|
|---|---|---|---|---|---|
||||2022|Cash flows|2023|
||||f000|f000|f.000|
|Cash|at bank and|in hand|1,032|205|1 237|
|Debt|due within
1|year|(19)|(1)|(20)|
|Debt|due after 1 year||(434)|19|(415)|
||||579|223|802|
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