The Little Theatre Cleadon
Charity No. 500334
Trustees' Report and Unaudited Accounts
30 April 2022
The Little Theatre Cleadon Contents
| Pages | |
|---|---|
| Trustees' Annual Report | 2 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Accounts | 7 to 11 |
| Detailed Statement of Financial Activities | 12 to 13 |
Page 1
The Little Theatre Cleadon Trustees Annual Report
The trustees present their report with the unaudited financial statements of the charity for the year ended 30 April 2022.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. 500334
Trustees
The following trustees served during the year:
D. Beston
M. Burns
A. Chapman
M. Kram
I. Lawson-Smith
S. McDonnell
Accountants
TPA Connect Ltd
OBJECTIVES AND ACTIVITIES
The purpose of the charity as set out in its governing document is to promote an interest in drama and theatre skills by the study of plays and by public productions.
The charity has returned to theatrical productions during the year following closure due to COVID 19
The main activities undertaken to further the charity's purposes for the public benefit are the production of plays. The trustess consider that they have given due consideration to the Charity Commission's guidance on the public benefit requirement.
ACHIEVEMENTS AND PERFORMANCE
The financial results are as shown in the reports on pages 5 to 13.
The charity made a small deficit for the period. Reserves totalled £92,199, compared with £92,133 in the previous year.
Statement of trustees' responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 2
The Little Theatre Cleadon Trustees Annual Report
Signed on behalf of the charity's trustees
I. Lawson-Smith Trustee 20 April 2023
Page 3
The Little Theatre Cleadon Independent Examiners Report
Independent Examiner's Report to the trustees of The Little Theatre Cleadon
I report to the trustees on my examination of the financial statements of The Little Theatre Cleadon for the year ended 30 April 2022 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:
-
the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the applicable requirements concerning the form and content of the financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Trevor Hogg Chartered Accountant TPA Connect Ltd 38 Stanhope Road South Shields NE33 4BT
20 April 2023
Page 4
The Little Theatre Cleadon Statement of Financial Activities for the year ended 30 April 2022
| Notes Income and endowments from: Donations and legacies 2 Charitable activities 3 Other trading activities 4 Other 5 Total Expenditure on: Raising funds 6 Charitable activities 7 Other 8 Total Net gains on investments Net income/(expenditure) 9 Transfers between funds Net income/(expenditure) before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds |
Total funds | Total funds | |
|---|---|---|---|---|
| 2022 | 2022 | 2021 | ||
| £ | £ | £ | ||
| 20,314 | 20,314 | 20,685 | ||
| 5,177 | 5,177 | 1,500 | ||
| 3,518 | 3,518 | - | ||
| - | - | 800 | ||
| 29,009 | 29,009 | 22,985 | ||
| 985 | 985 | 90 | ||
| 1,163 | 1,163 | 1,613 | ||
| 26,795 | 26,795 | 22,935 | ||
| 28,943 | 28,943 | 24,638 | ||
| - | - | - | ||
| 66 | 66 | (1,653) | ||
| - | - | - | ||
| 66 | 66 | (1,653) | ||
| 66 | 66 | (1,653) | ||
| 92,133 | 92,133 | 93,786 | ||
| 92,199 | 92,199 | 92,133 | ||
Page 5
The Little Theatre Cleadon Balance Sheet
at 30 April 2022
| Charity No. 500334 Fixed assets Tangible assets 11 Current assets Cash at bank and in hand Net current assets Total assets less current liabilities Net assets excluding pension asset or liability Total net assets The funds of the charity Restricted funds 12 Unrestricted funds 12 General funds Reserves 12 Total funds Approved by the trustees on 20 April 2023 |
2022 £ 64,549 64,549 27,650 27,650 27,650 92,199 92,199 92,199 92,199 92,199 92,199 |
2021 £ 66,191 |
|---|---|---|
| 66,191 25,942 |
||
| 25,942 | ||
| 25,942 92,133 |
||
| 92,133 | ||
| 92,133 | ||
| 92,133 | ||
| 92,133 | ||
| 92,133 | ||
And signed on their behalf by:
I. Lawson-Smith Trustee 20 April 2023
Page 6
The Little Theatre Cleadon Notes to the Accounts
for the year ended 30 April 2022
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
-
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes.
-
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
-
Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
-
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable.
Page 7
The Little Theatre Cleadon Notes to the Accounts
Expenditure
-
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
-
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs.
-
Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and
-
charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
-
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
-
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
-
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from tax on its charitable activities.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Freehold property 0% Not depreciated Fixtures and fittngs 20% Reducing balance
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
- 2 Income from donations and legacies
| Income from donations and legacies | |||
|---|---|---|---|
| Government Grants Other Grants Donations |
Unrestricted £ 9,350 10,260 704 20,314 |
Total 2022 £ 9,350 10,260 704 20,314 |
Total 2021 £ 20,685 - - |
| 20,685 |
Page 8
The Little Theatre Cleadon Notes to the Accounts
3 Income from charitable activities
| Ticket Sales Members' subscriptions Patrons' fees Theatre hire 4 Income from other trading activities Bar Income 5 Other income Car park income 6 Expenditure on raising funds Fundraising trading costs Bar Income 7 Expenditure on charitable activities Expenditure on charitable activities Ticket Sales |
Unrestricted £ 1,865 642 1,750 920 5,177 Unrestricted £ 3,518 3,518 Unrestricted £ 985 985 Unrestricted £ 1,163 1,163 |
Total 2022 £ 1,865 642 1,750 920 5,177 Total 2022 £ 3,518 3,518 Total 2022 £ - - |
Total 2021 £ 293 492 665 50 |
|---|---|---|---|
| 1,500 | |||
| Total 2021 £ - |
|||
| - | |||
| Total 2021 £ 800 |
|||
| 800 | |||
| Total 2022 £ 985 985 Total 2022 £ 1,163 1,163 |
Total 2021 £ 90 |
||
| 90 | |||
| Total 2021 £ 1,613 |
|||
| 1,613 |
Page 9
The Little Theatre Cleadon Notes to the Accounts
8 Other expenditure
| Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Legal and professional costs 9 Net income/(expenditure) before transfers This is stated after charging: Depreciation of owned fixed assets 10 Staff costs The charity does not have employees 11 Tangible fixed assets Cost or revaluation At 1 May 2021 At 30 April 2022 Depreciation and impairment At 1 May 2021 Depreciation charge for the year At 30 April 2022 Net book values At 30 April 2022 At 30 April 2021 |
Unrestricted £ 15,589 1,643 6,603 2,960 26,795 2022 £ 1,643 Land and buildings £ 57,977 57,977 - - - 57,977 57,977 |
Total 2022 £ 15,589 1,643 6,603 2,960 26,795 Fixtures and fittngs £ 27,776 27,776 19,561 1,643 21,204 6,572 8,215 |
Total 2021 £ 19,029 2,054 1,852 - |
|---|---|---|---|
| 22,935 | |||
| 2021 £ 2,054 Total £ 85,753 |
|||
| 85,753 | |||
| 19,561 1,643 |
|||
| 21,204 | |||
| 64,549 | |||
| 66,192 |
Page 10
The Little Theatre Cleadon Notes to the Accounts
12 Movement in funds
| 12 Movement in funds | ||||
|---|---|---|---|---|
| Restricted funds: Unrestricted funds: General funds Total funds 13 Analysis of net assets between funds Fixed assets Net current assets |
At 1 May 2021 92,133 92,133 |
Incoming resources (including other gains/losses ) £ 29,009 29,009 |
Resources expended £ (28,943) (28,943) Unrestricted funds £ 64,549 27,650 92,199 |
At 30 April 2022 £ 92,199 |
| 92,199 | ||||
| Total £ 64,549 27,650 |
||||
| 92,199 |
Page 11
The Little Theatre Cleadon Detailed Statement of Financial Activities
for the year ended 30 April 2022
| Income and endowments from: Donations and legacies Government Grants Other Grants Donations Charitable activities Ticket Sales Members' subscriptions Patrons' fees Theatre hire Other trading activities Bar Income Other Car park income Total income and endowments Expenditure on: Costs of other trading activities Bar Income Total of expenditure on raising funds Charitable activities Ticket Sales Total of expenditure on charitable activities Premises costs Light, heat and power Premises repairs and maintenance General administrative costs, including depreciation and amortisation |
Unrestricted funds 2022 £ 9,350 10,260 704 20,314 1,865 642 1,750 920 5,177 3,518 3,518 - - 29,009 985 985 985 1,163 1,163 1,163 2,060 13,529 15,589 |
Total funds 2022 £ 9,350 10,260 704 20,314 1,865 642 1,750 920 5,177 3,518 3,518 - - 29,009 985 985 985 1,163 1,163 1,163 2,060 13,529 15,589 |
Total funds 2021 £ 20,685 - - |
|---|---|---|---|
| 20,685 | |||
| 293 492 665 50 |
|||
| 1,500 | |||
| - | |||
| - | |||
| 800 | |||
| 800 | |||
| 22,985 90 |
|||
| 90 | |||
| 90 1,613 |
|||
| 1,613 | |||
| 1,613 981 18,048 |
|||
| 19,029 | |||
Page 12
The Little Theatre Cleadon
Detailed Statement of Financial Activities
| Depreciation of Fixtures and fittngs Equipment expensed General insurances Subscriptions Sundry expenses Telephone, fax and broadband Legal and professional costs Other legal and professional costs Total of expenditure of other costs Total expenditure Net gains on investments Net income/(expenditure) Net income/(expenditure) before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
1,643 3,483 924 977 831 388 8,246 2,960 2,960 26,795 28,943 - 66 66 - 66 92,133 92,199 |
1,643 3,483 924 977 831 388 8,246 2,960 2,960 26,795 28,943 - 66 66 - 66 92,133 92,199 |
2,054 - 845 70 571 366 |
|---|---|---|---|
| 3,906 | |||
| - | |||
| - | |||
| 22,935 | |||
| 24,638 - |
|||
| (1,653) | |||
| (1,653) - |
|||
| (1,653) | |||
| 93,786 | |||
| 92,133 |
Page 13