CHARITY NUMBER 501134
THE HERON THEATRE
ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2022
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CONTENTS
Page Trustees Report 3 - 4 Independent Examiners Report 5 Receipts and Payments Summary 6 Receipts 7 Payments 8
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THE HERON THEATRE REGISTERED CHARITY NO: 501134
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MAY 2022
The Theatre’s premises are The Heron Theatre, a listed building located in Stanley Street, Beetham, Cumbria LA7 7AS. The premises are available for hire at reasonable cost to other societies and organisations within the community.
The Charity’s correspondent is Peter Mann, 20 Brantwood Avenue, Morecambe, LA4 6HB.
Founded in 1948, the organisation was named “South Westmorland Stage and Screen Society”, governed by a constitution adopted on 11 May 1973.
Amendments across the years have included a change of name to “The Heron Theatre” and the current consolidated version was updated on 3 November 2015.
Charitable Status was granted on 19 June 1973. The Charity is administered by a committee of Trustees appointed annually at the Annual General Meeting.
During the year ended 31 May 2022, the following were Trustees:
Jenny Marks - Chairperson Peter Mann - Hon Secretary - Jim McQueen (Retired -17/09/21) Andy Smith - Hon Treasurer - Philip Bright (Retired -17/09/21) Ned Rowlands - Theatre Manager - Ian Kenyon (Retired -17/09/21) Jeanette Barnes Stuart Newton Ginny Scott Margaret Hesmondhalgh Marion Douthwaite Lesley Gill David Broadhurst
During the year ended 31 May 2022 a reduced number of Management Committee meetings were held online. An average of 9 members were present.
The object of the HeronTheatre is to present to the public dramatic and kindred arts by means of the production of dramatic and musical performances, films, lectures, slideshows and the promotion of other cultural activities in its own Theatre and elsewhere. These rely on the voluntary services and talents of its members who number approximately 400, and upon the contributions of visiting Theatre and music groups including professional companies. Membership is open to all without any form of discrimination. The Heron Theatre is licensed by South Lakeland District Council for the provision of public entertainment and sale of alcohol under the terms of the Licensing Act 2003. The Trustees are the Premises License Holders. The Personal License Holder nominated as Designated Premises Supervisor for the sale of alcohol is Jim McQueen. In the interests of public safety both these licenses are subject to stringent rules and regular inspections. The authorised audience capacity is 81.
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THE HERON THEATRE REGISTERED CHARITY NO: 501134 TRUSTEES ANNUAL REPORT (continued) for the year ended 31 May 2022
The Theatre closed on 14 March 2020 due to the Covid 19 pandemic, and was still closed on both 31 May 2020 and 31 May 2021.
The Theatre reopened in February 2022 after the installation of a new ventilation system and a thorough cleaning exercise. While most of the costs of maintaining the Theatre continued to be met throughout the financial year, income was restricted to the four months: February - May, when the Theatre was open.
ACCOUNTS
The accounts for the year ended 31 May 2022 are set out on pages 6 - 8.
They have been independently examined by R Musetti FCCA of Accountants for Small Business, whose report appears on page 5.
There are no liabilities. Assets comprise monetary items £31820 and non monetary assets totalling £553700 (2021: £29501 and £543182).
A current account is maintained at Cumberland Building Society. Monies not immediately required are deposited with the Charities Official Investment Fund COIF, and funds in excess are invested in COIF Charities Global Equity Income Fund.
£15000 @ cost as at May 2021. Market value - 31 May 2021 £18720. £7l31 was sold in March 2022 leaving £7869 @ cost as at 31 May 2022. Market value - £9553
DECLARATION
The accounts for the year ended 31 May 2022 set out on pages 6 -8 are approved by The Trustees.
Jenny Marks
21 October 2022
Chairperson
Andy Smith 21 October 2022
Hon Treasurer
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THE HERON THEATRE INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF THE HERON THEATRE
Year ended 31 May 2022
I report on the accounts of the charity for the year ended 31 May 2022 which are set out on pages 6 – 8.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The charity’s trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011.
The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act;
-
to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act), and - to state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER’S STATEMENT
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINER’S STATEMENT
In connection with my examination, no matters have come to my attention which gives me cause to believe that in, any material respect:
the accounting records were not kept in accordance with Section 130 of the Charities Act: or ∙ the
accounts did not accord with the accounting records: or the accounts did not comply with the applicable requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts 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 accounts to be reached.
R Musetti FCCA Accountants for Small Business Low House Business Centre WINDERMERE LA23 3NA
21 October 2022
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THE HERON THEATRE RECEIPTS AND PAYMENTS ACCOUNTS year ended 31 May 2022
| 2022 | 2022 | 2021 | ||
|---|---|---|---|---|
| Unrestricted | Restricted Total | Total | ||
| Fund | Fund Funds | Funds | ||
| Page | £ | £ | £ | £ |
| Total Receipts 7 | 52003 | 0 | 52003 | 5,926 |
| Total Payments 8 | 49692 | 0 | 49692 | 5,926 |
| ------------------------------------------------------------------------- | ||||
| Net Surplus for year | 2311 | 0 | 2311 | 0 |
| Cash funds at 1 June 2021 | 29509 | 0 | 29509 | 29509 |
| -------------------------------------------------------------------------- | ||||
| Cash funds at 31 May 2022 | 31820 | 0 | 31820 | 29509 |
| ========================================== | ||||
| Cash funds at 31 May 2022 | ||||
| Treasurer’s Account | 23102 | 0 | 23102 | 3246 |
| COIF General Funds | 849 | 0 | 849 | 11263 |
| COIF Charities Global Equity | ||||
| Income Fund at cost | 7869 | 0 | 7869 | 15000 |
| ---------------------------------------------------------------------------------------------------------------------------- | ||||
| Total Cash Funds | 31820 | 0 | 31820 | 29509 |
| ====================================================================== | ||||
| Non Monetary Assets | ||||
| The Heron Theatre and Sculpture | 460000 | 443000 | ||
| Content | 85000 | 85000 | ||
| Car Park | 8500 | 8500 | ||
| Consumable Supplies at cost | 200 | 100 | ||
| Unearned Covid Grant | 0 | 6582 | ||
| -------------------------------- | ||||
| Total Fixed Assets | £553700 £543182 |
|||
| ================== | ||||
| Signed on behalf of the Trustees | ||||
| Jenny Marks | 21 October | 2022 | ||
| Chairperson | ||||
| Andy Smith | 21 October | 2022 | ||
| Hon Treasurer |
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THE HERON THEATRE RECEIPTS AND PAYMENTS ACCOUNTS Year ended 31 May 2022
| 2022 | 2021 | |||
|---|---|---|---|---|
| RECEIPTS | ||||
| Unrestricted | Restricted | Total | Total | |
| Fund | Fund | Funds | Funds | |
| General Receipts | ||||
| Membership Subscriptions | 3642 | 0 | 3642 | 3182 |
| Donations (including appeal) 8505 | 0 | 8505 | 0 | |
| Gift Aid | 726 | 0 | 726 | 737 |
| Tickets Sales: Theatre | 9468 | 0 | 9468 | 0 |
| Ticket Sales: Film | 1202 | 0 | 1202 | 0 |
| Ticket sales: Music Events | 4248 | 0 | 4248 | 0 |
| Grants: THeatre | 20149 | 0 | 20149 | 1347 |
| Refreshment Sales | 909 | 0 | 909 | 0 |
| Exhibition Sales | 154 | 0 | 154 | 0 |
| Lettings Income | 320 | 0 | 320 | 160 |
| Interest | 5 | 0 | 5 | 8 |
| Sundry | 369 | 0 | 369 | 0 |
| Investment income | 437 | 0 | 437 | 492 |
| Gain or realised investment | 1869 | 0 | 1869 | 0 |
| --------------------------------------------------------------------------- | ||||
| Total Receipts | £ 52003 | 0 | 52003 | 5926 |
| =========================================== | ||||
| Grants: Theatre | ||||
| SLDC | 900 | 0 | 900 | 600 |
| SLDC: Covid ** | 17249 | 0 | 17249 | 747 |
| Cumbria County Council | 2000 | 0 | 2000 | 0 |
| ** including £6582 brought forward from 2021 | ||||
| ----------------------------------------------------------------------------- | ||||
| £ 20149 | 0 | 20149 | 1347 | |
| ============================================ |
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THE HERON THEATRE RECEIPTS AND PAYMENTS ACCOUNTS Year ended 31 May 2022
PAYMENTS
| 2022 | 2021 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| Fund | Fund | Funds | Funds | |
| £ | £ | £ | £ | |
| General Expenditure | ||||
| Production Costs: Theatre | 4385 | 0 | 4385 | 0 |
| Production Costs: Film | 533 | 0 | 533 | 0 |
| Production Costs: Music | 2877 | 0 | 2877 | 0 |
| Refreshment Costs | 292 | 0 | 292 | 0 |
| Exhibition Payments | 0 | 0 | 0 | 0 |
| Publicity, Newsletters, etc | 916 | 0 | 916 | 34 |
| Telephone | 676 | 0 | 676 | 899 |
| Licenses, Theatre and Bar | 70 | 0 | 70 | 415 |
| Gas, Water and Electricity | 1381 | 0 | 1381 | 1205 |
| Maintenance | 2653 | 0 | 2653 | 889 |
| Insurance | 1860 | 0 | 1860 | 2124 |
| General Administration | 630 | 0 | 630 | 101 |
| Sundry | 123 | 0 | 123 | 259 |
| --------------------------------------------------------------------- | ||||
| Total General Expenditure | 16396 | 0 | 16396 | 5926 |
| Capital Expenditure | ||||
| Property and Theatre ** | 33296 | 0 | 33296 | 0 |
| ----------------------------------------------------------------------- | ||||
| Total Payments | £49692 | 0 | 49692 | 5926 |
| ========================================= | ||||
| **Purchase & Installation of new ventilation | system | 32996 | ||
| Purchase of Card Readers | 300 | |||
| ----------- | ||||
| £ 33296 | ||||
| ====== |
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