2021-07-31-accounts

COMPANY REGISTRATION NUMBER.. 00429992 CHAIUTY REGISTRATION NUMBER: 502028 OLDBURY REPERTORY PLAYERS LIM￿ED COMPANY LIM￿ED BY GUARANfEE UNAUDITED FINANCIAL STATEMENrs 31 JULY 2021 •AIYU98RV• 0110312022 COMPANIES HOUSE

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LANGARD LIFFORD HALL LIMITED Accountants and Registered Auditors Lifford Hall Lifford tane Kings Norton Birmingham B30 3JN

OLDBURY REPERTORY PLAYERS LIMITED COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMEKrs YEAR ENDED 31 JULY 2021 Page Trustees, annual report (incorporating the dirertor's rep)rt) Independent examiner's report to the trustees Statement of financial acts"vities (including incorne and expenditure account) Statement of financial position Notes to.the financial statements." 9-16

OLDBURY REPERTORY PLAYERS LIMITED COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT (INCORPORAIING THE DIRECTOR'S REPORT) and the unaudited financi￿ ststements of the ch￿lty lor the yeaT 31 July 2021. I am once asain sittins wilting niy report to you and looking at a very slrange set of accounts which show little OT I￿ort￿ to the theatre other than grants and le8acies. this is obviously due We wue obviously unable to put on any shows duTin8 the ￿￿1£KI but never the less the Company still had to run and muth effort was put in by memEers to deal with these administration matters and my thanks 80 to them for their hard work The Council of Managenient were able to secure Covid grants from Governrnent and The Theatre estate of John Tojth tots]lin8 £6S.964. Roof Repairs Electrical work including new worknn8]i8hts and niain house lights in the auditorium Air conditioning for our studio spa New film projector Drinks cooler for the b Upgrndes for our Wi-Fi system These projects tt)ok much tinie and etwy and agaxn I would like to thank all thrtse involved. This enabled us to sjkny another sury)lus this time d £45,ni. kept the cotnpany tosetlr with Z(x)m lletim8S. qui7￿ and play readtn8s and this worK I know. was appreciated by Jjwiy membet& We now look to our 2021122 season with some optimism and the hoFe that once asdin we will be able to open the Oldbury Rep to Off￿ entertsinment to our patrons who we know from commuDications have missed us so mudL This WAll take a lot of hard WO￿ from YO￿ our metnbeTS but I have every confidence that your dedication to Oldbury Rep wiu put us back at the h&irt of the Iansley community and the

OLDBURY REPERTORY PLAYERS LIMrfED TRUSTEES, ANNUAL REIIORT IINCORPORATING THE DIRECTOR'S REPORT) IcortrH YEAR ENDED 31 JULY 2021 Reference and administrative del Registered clwity nan Company Tepstration il)429> Principal office and repstered Barlow Theatre Centre office Sprlns Walk iansley Oldbury West Midlands A W(xxl C Smith J Jenkin5 P Spragg S Worley A Worley I Thompson J Grant J Upton L HitcF PTurton S Bird (Rts1￿1 19 Apnl 20ll) (AppoiTthd 19 April 2021) Independent examiner RDCrton Lifford Hall Lifford lane Kings Norton BXI 3JN Oldbury Repertory Players Limited is a company Iimitsd by guaranfre (company num￿[ (XM29992) which was i[￿rated on 20 February 1947 and acbieved clwitable status on 5 D￿emE*r (number 3T2(Y28). It is governed by the artides of awiation dated 16 April 2012.

OLDBURY REPERTORY PLAYERS LIMrrED COMPANY LIMITED BY GUAR￿EE TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRE￿oR's REPORT) YEAR ENDED 31 JULY 2021 Six meeknn8s were held during the year. Tr Memkn of The Council of IAanasement as at 31 July 2021. together with their attendawes as Eollows: Fo￿￿1e Actual Mr C Smith MT lJenkirkS Mr A Worley S Worley Mr l Thompson MTS P Spra8S Mr C C(W-Stantt>n Mr P Turton Mr J Upton Mr A Wood Ms J Grant MASS L Hitd Mxs S Bird Mrs S Bird was appointed as director on the lh April XY21. Miss L Hitchen res]￿d as director on the 19th April 2021. PIEASE NOTE Due to the Coronavirus and d05ure of Oldbury Rep in March l)20. fa￿ to face Council meetin8S were not F47sshle durins tnost of the year so these fornul Coll￿11 meeknn8S took place via ZcM)m and inputted to the ll*etin8 following pknne conversation5 both before and after the fonnal meeting. Many other inlonnal nwtinss twk P]a￿ involving Coll￿11 members and all deLisions oiade throughout the year wffe IIXI% asreed by council Memberships The total memtership at 31st July 2m was IIY7 ]￿lUding HoN)rary Life Members. Re¢rnitment of Tn￿tee$ knowledge. experiertt atd backgr0uj￿ to run the orgaDi&ition effectively. The iM)ard wdcomes Unfortunately. due to the theatre being dosed we were unable to perforni any p￿lUcI10n$ during the period. however. we were slill able to upsrdde arKI improve our facilities as advised in the Chair's report. No films were shown durins the periLxI due to the of the theatre iEcause of Covid 19 testrietions.

OLDBURY REPERTORY PLAYERS LIMrrED COMPANY LIMrrED BY GUARANfEE TRUSTEES, ANNUAL REPORT IINCORPORATING THE DIRECTOR'S REPORT) Finanaal zeview We have been able to show a surplus on ordinary *livities of f￿5.711 and we have continued to re invest back into the theatre over the year. This yeax's surplus indudes a legacy ￿e1Ved from the estate of a past memtw, the Sma Business Covid19 Grants plus a srant from TheTheatre TrusL Results The Revenue Account shows an operabng surplus of (2020: £65￿5) to this is added interest of £21 {172(P. £676). leavin8 a sury)lus for the year of £45211. Total fimds to carry forward are £361,975. Public Benefit The trustees have complied with the duty of the CFwities Act 2016 to have regard to the public benefit 8uidance publishsA by the charity coMmi￿on aThd confirni that public l￿￿fit has been pro￿ded by the ￿tiVitieS undertakaL Market Value of land and Buildings tn the opinion of the Council of manaSe￿ the market value of the Freehold Pmpety is in exeess of the cosL ineludfftg impmementy as stated on the Statement of Financi￿ Position. In the absen￿ of a proknional Valuatio￿ it is not Fwible to indicate with accuracy the extent i)f the excess. Reserves staTLdard of the Theatre bufjding and its £acilities to meet mrAern requiremenls and that the artistic aclivity be sustsined from one yeaT to the next with certainty. The Te5erves held forward are C461.97512020.. £316.264). Reporting Ri8k8 operational risk facing the tharity are identified and addresses that the necessary steps can All incomin8 resources aTr recw15￿ where the charity is lesally entitlvj to the income and the amowit Can be quantified with reasonable accuracy. t￿￿tiOnS are recwised when received. There are no amounts i￿Illded tn the fiT￿nC[￿ statements for donated servitrs. All expenditu is induded on an accruals basis and is recogn￿ when there is a legaj or COr￿truCtive obligation to pay for the expenth'ture. The Investn￿t P0￿cY of the trustees Trs to keep funds not required immediately on shL)rt.tern high Inte￿St deFK6it with reputable deposit takers.

OLDBURY REPERTORY PLAYERS LIMtTED COMPANY LIMrrED BY GUARANfEE TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIREcfoR'S REPORT) (Co￿¥￿{ While the issue5 of Covid19 will very muth be in our mind when we spend any of our reserves. One of the areas we are Icrf)kin8 at is the rnove to instsll mOTe LED lighting throughout the theatre. Not only i5 this more er￿sy efficient but 8Jso Lxonomically sensible. We therefore hope to en8age in a rollimg programme to replace all of our lightin8 stsge and 8eneral) to LED. However, The Council of Maftagell￿￿ will be cautious and axe aware that it llwy tske some tirne to rebuild our audierKes and irthme to pre pandanic kvels. to the small companies exemptiOfL The trustees, annual report was approved on 19 January 21Y22 and $i￿￿d on i￿alf of the iwd of trustees ty. rsmith Trustee

OLDBURY REPERTORY PLAYERS LIMtrED COMPANY LIMrrED BY GUARANTEE STATEMENf OF FINANCIAL ACTIVITIES ONCLUDING INCOME AND EXPENDITURE ACCOUNr) funds Total ￿ndS Total funds Note Theatre Income Donations and legacies (Jaritable aclivities Other tradins actiVAties Jnvestment income 692f 290 19.969 21 692iil 65,128 45m2 24,451 676 19.969 21 Total incon 89540 89.540 135,287 Expenditure on raising f41nd5: Costs of otlw trading artiwties ExpenditLue on tharitable acttvities .Total expenditure . 292 43,537 io.ii 43537 61,183 29 43.829 68.976 Nel in¢oDW and net movement in 45.ni 45.ni 66.311 Reconciliation of fi￿a8 Totsl hmds brought forward Total fi￿d$ earried forward 316,264 316.264 249.953 361.gJ5 361.975 316.261

OLDBURY REPERTORY PLAYERS LIMITED COMPANY LIMrrED BY GUARANTEE INDEPENDENf EXAMINER'S REPORT TO THE TRUSTEES OF OLDBURY REPERTORY PLAYERS LIMtTED YEAR ENDED 31 JULY 2021 I report to the trustees on my examination of the financiaI statements of Oldbury Repertory Players Limited ('the charity,) for the year ended 31 July 2021. Responsibilities and basis of report As the trustees of the company (and also its directors for the PUTpose5 of company law) you are resporLsible for the preparation of the financial $tste￿ents in accordance with the requirements of the Companies Act 2(kn ('the 2(￿￿ Acy). Having 5ati5lied myself that the accounts of the company are not req￿red to be audited under Part 16 of the 20[￿ Act and ate eligible for independent examination. I report in respect of rny examination of the charity's accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Acy). In carrying Out my examinatson I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 ACL Independent examxner's statement I have completed my examination. I confirm that no matters have come to my attention in cormection with the examination giving me cause to ￿lieve. accounttng records were not kept in respect of the charity as required by section 386 of the 2006 Act: or the fir￿￿la1 statements do not accord those records.. or the finanLial statements do not cornply the accounting requirements of section 396 of the 2006 Act otheT any requireTnent that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examinatioTh or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Reconunended Practi￿ for accounting and reporting by charities applicable to charitie5 preparing their accounts in accordance with the Financi￿ Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). J have no concerns and have come across no other matters in connection with the examination to which attention should ￿ drawn in this report in order to enable a proper understanding of the accounts to reached. L-rJ L;¢r.J L R D Coton Independeiit EXami]￿r Lifford Hall Lifford Lane Kings Norton Birmingham B30 3IN 19 January 2022

OLDBURY REPERTORY PLAYERS LIMITED STATEMENT OF FINANCIAL posmoN LY20 Nole Fl¥ed a88e Tansible fixed assets 17 I￿)IK￿ iio,i( Stoeks Debtors 18 19 19MO 240278 4748 215.69) ditorn: amounts fallins due within one year 7.W7 9,494 . 2￿9T2 206.156 Total asgets Ie8s curnt liabilitie¥ 361,975 316.264 Net assets 361.¥15 316,264 Funds of the charity Unrestricted funds 361,975 316,2(A Total charity fvnd& 361,975 316.264 For the year endin8 31 luty 2(121 the dwity was entided to exemption from audit under seLion 4T7 of the Companies Act Th relating to small Companies. The members have not requiTrl the to obtain an audit of its Slatern￿ts for the year in question in accordaJ)ce with section 476: The diTttttors acknowledge their resF￿b]lItieS for cothplying with requIren￿ of the Act with reswt to accounting records and the preparation of fin￿la] statements. These financ￿ statenients have prepared in accord￿ with the provisions applicable to 19 January W and are Si￿ed on ihalf of the board by. /47 C Sniith Tn￿tee J Jenkins TTr￿lee

OLDBURY REPERTORY PLAYERS LIMrrED NOTES TO THE FINANCIAL STATEMENrs YEAR ENDED 31 JULY X121 General infom4tion The charity is a public t￿efit entity and a private company lirnited by guarantee, registered in Ensland and Wales aJKI a registered charity in England and Wales. The address of the registered office is ￿loW Theatre Centre, Spring WalK Lansley. Oldbury. West Midlands. B69 &5P. Statement of complAance These finaTrCi￿ statements have iwi prepared in compliance with FLS 101 The Finaneial Reporbng Standard applicable in the UK and the Republic of Ireland,. the Statement of Recommended Practi￿ applieable to charities I)repa￿S their accounts in accordance with the Financi￿ Reporthg Stand8rd applicable in the UK and Republic of Ireland (FRS 102) (Charities ￿RP (FRS I￿2}) and the Comp•)ies Act2{￿. AccowitinspolicAe8 Basis of preparation revaluation of certain financi￿ assets and liabilities and investment properties measured at fair value throush income or exF￿lIUre. entity. Going concern There are no material u￿ertaint1eS about thecharity's ability to c￿]nUe. JtsdgeJn¢nts and key sowreB of estin&thon uneerts judsements continually reviewed omd atr baged on ex[)￿Le￿e and other factors. includins eXp￿￿tionS of future events that are Wieved to be reasonable under the Un￿striCted funds are available foT use at the dis(Ittion of the trustees to firiher any of the charity'5 PlItP05e5. proieet or commitmenL throu8h the ternis of an ap￿￿1. and fall inio one of two SU1￿1a5$eS. restricted income funds or endowment funds.

io OLDBURY REPERTORY PLAYERS LIMITED YEAR ENDED 31 JULY SY21 Attountins policAe& the charity. it is probable that the economic &wiated with the transaction will flow to the charity and the amount can ￿ Teliably rneasured. The following s￿]fiC poliaes are applied to Partic￿at eategories of incomt. income from donations or srants is TWiS&1 when there is evide1￿e of entitlement to the 8ift. r￿1p is probable 8T￿ its #moimt can be measured reliably. income from ticket sales are recosnised on the knl day of the prtxluctiorn income from contracts for the supply of Se￿iCe$ ts rtfwised with the delivery of the contracted service. This is classified as unre￿￿ funds unle55 there is a contractual requirenient for it to be SFEnt on a Particu￿ puryrAe and if umpenL in which Regources expended indudes any VAT which cannot be fully r￿0Vered and is dassified under headings of the statement of financi￿ ivities to which it rela￿s. expendihwe on ratsin8 hmds irdudes the costs of all fi￿araL￿g activities, events. non-¢haritable trading activities. and the sale of donated goods. expenditUTe on charitable ￿ll￿tieS indudes au costs incu￿￿ by a clwity in undertskinB act4Vities that further its charitable air6 for the iEneEit of its beneficiarles, including those 5UPPOrt costs and costs relating to the governance of the charity apportioned to ci)aritable aclivities. other expendittwe irdudes all exp0￿Itute that is neither related to raisins hmds for the clwity nor part of its exFndituTr on dwitable activities. costs atttibutable to a sinsle activity are all￿ated directly to that activity. Shared costs are apportioned between the activities they ccfflkn7￿le to on a reamble. justifiable and consistent basis. Tangible assets Tansible assets are initially r￿Orded at c(rt subwuently stated at ¢0St less amy accumulated depreaation and lmpairu￿t losses. Any tsnSI￿e a￿ts carried at revatued amounts a￿ recorded at the fair Val￿ at the date of revaluation less any subsequent accumulated deE)reciatioTh and subsequent accumulated impairnient losses. Depreci•ti(m is dcujated $0 as to write off tF cost or valuation of an asset, kss its residual value. over the useful ￿On0￿￿ life of thata￿l as follows: Freehold propety 2% straisht line Improvenients to property 2% straisht line 4%- 15% StraI￿t line IO% straA8ht line 10% straisht li Stage lighiin8 and SOUDd equipunt

li OLDBURY REPERTORY PLAYERS LIMITED NOTES TO THE FINANCIAL STATEMENTS (¢0￿11￿ YEAR ENDED 31 JULY 2021 Accounting poRi¢ies (o*tAw Impaimient of r￿ed a8sel8 A ￿VIeW for indicators of irnpairment 15 canied out at each repoTtins date. with the a150 ￿vieWed for Possi￿le reversal at each reportins date. Bar stocks are nwured at the lower ofcost or ￿ realisable value. A financial asset or a finaTThI liability is recO￿￿sed onty when the entity I￿)meS a paty to Basic financial 1TL8tr￿ts are inittally reco￿11$ed at the an￿l]nt receivable or payable including any Telated transaction costs. unle55 the arran8ement constitutes a finamins transaction. where it is at the present value of the future payments discounted at Current assets and current liabilities are 5uiMYpently measured at the cash or other Lilluted by suarantee Oldbury Reptrtory Players Llmited is a company limited by suaraTrtee (company number tlJ429992) which was ino)rpornted on 20 February 1947. Donationg and legaoe Unrestricted Total FllndB UnrestrACted Totsl Fum(ts Funds 2020 Donations 128 Lewies Legaaes 69￿ 69260 65,128 65,128 The charity recetved a further lesacy £56￿ from the estate of J T￿th in Ocknber 20￿, with a final recelpt 0£ £12.764 confirn￿ on 5 Au￿t 2021.

12 OLDBURY REPERTORY PLAYERS LIMfTED COMPANY LIMrrED BY GUAR￿EE NOTES TO THE FINANCIAL STATEMENfs (¢o•thw Charitable artivxties Unrestricled Totsl Ftmds UnTestricted Total Funds Funds Funds 21Y20 Admission sales ProsraJDme sales Subsoiptions Sponsorship Theatre hire Fil￿ Jmtemet b￿￿n8 fees 39.916 619 39.916 619 240 240 io io 45.032 45.IY32 Other tradins activnties Unre5tsicted Total Fund8 Unrestricted Total Funds Funds Bar takings Refreshtnents Raffle Grants re: Covid-19 10.255 10.255 19.915 19.915 lo,(￿) iOAlll 19.969 19.969 2£451 24A51 Investn*nt Income Unrestricled Tolal Funds Unrestrirted Total Funds Fujids Fun4ts 2020 Bank interest ￿e1Vable 21 21 676 676 Cogts of rtlwr trading artivltieg Funds 7, 7,7YJ

13 OLDBURY REPERTORY PLAYERS LIM￿ED NOTES TO THE FINANCIAL STATEMENfs (coHtth*e YEAR ENDED 31 JULY 21Y21 10. Expendlturn on tharilable actlvilies by fund type 2020 57.948 57,948 3.235 Support costs 37 61,183 61,183 11. Fxpenditure on charitable aelivitieg by artKvity type Artivitie5 Total funds Totsl fund 2021 2tr20 43537 61,183 IZ Analyjis of Support c4wl# support costs Theatre Total 2021 Total 2020 General office 825 3,185 13. Net Ancome Net irwme ts stated afterdwgIn￿{CredIting)." 2020 DepTrciation of tan￿le fixed asyeL8 9.764 14L Independent ¢xaminatsoD feeg Fees payable to the IndeE￿IeTrt exainirw for.

14 OLDBURY REPERTORY PLAYERS LIMrrED COMPANY LIM￿ED BY GUARANTEE Ywi ENDED 31 JULY 2021 15. Staff costs The averase head eount OE employees durins the year was 14 (￿. 13). Tr averdse number of full.time quivalent employees during the year is anaIy5cd as follows.. No. No. AdEnl￿tratiOft (COU￿11 mem￿￿> Cleaner Front of house 12 li 14 13 No etnployee received employee iynefits d more than during the year (202fr. Nil). No remutwation was paid kn Memiws of Courd in their capacity as Counci] Memlws, addltionally no expens& relatin8 to such things as mileage has been paid to Council Me]nE*rs. No employees have beenpaid in exce85 of UO.(JMI. 17. Tangibje ft%ed ajsets Furniture Freehold lrnproven￿nts lithting and At l Aus 2020 Additions 41AY)7 30m 83.758 20J)26 262J31 9.402 At 31 Jul 3ni Depreciation At l Aus 2020 . Lharge for the year DisPL￿a]S At 31 Jul XV21 41Jkn7 20m6 86.￿￿ 2nJTJ 66J 152.223 617 1.744 ioJ (360) 162J70 3AUS 71 9J23 ￿.￿4 At 31 Jul 2(Y21 At 31 lul 2020 36.%2 27.rn 20.917 10,7(fJ 11628 109.( 37.7& 28.410 17.417 11126 143T2 IiO.iL

15 OLDBURY REPERTORY PLAYERS LIMrrED COMPANY LIMfTED BY GUARANfEE NOTES TO THE FINANCIAL STATEMENfs(¢oHtixw YEAR ENDED 31 JULY 2021 18. Stock8 2020 Bar goods forre-sale i.(ni 19. Debtors 6.916 11764 4.748 Amounts due from lesacies 19,680 4.748 20. Creditors: amounts fallins due within one year 2tr20 9A94 21. Analysis of charitable fund6 At l Aug 2Lf20 At ttKoJne Expenditure 31 July 2021 Generat funds Accumulated funds arAsin8 prior to 315m2 (43329) 361,533 442 316264 89540 (43.829) 361.975 At I Au8 2019 At Income Expenditure 31 July 2020 General funds 249511 135,287 (68,936) 315822 itKorporation 249.953 135287 {&8.976) 316.264

16 OLDBURY REPERTORY PLAYERS LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENfs (crnts•¥¢d) YEAR ENDED 31 JULY 2021 21 Analysis of net assets between funds Unrestricted Total Funds Funds 2021 TaTh￿ble fixed assets Current assets Creditors less than l year Net assets 109,003 260,969 (7.997) 361,975 109,003 260,969 (7.997) 361,975 Unrestricted Totsl Funds Funds 2020 Tangible fixed assets Current assets Creditors less than l year Net assets 110,108 215fi50 (9.4941 316.264 iio,i( 215,6 (9,494) 316.264 23. Related parties The company made payments in the period to.. M Uptorn a relation of J UptoTh a member of the Board of Trustee5 of £Nil (2020 £911) foT cleaning services. A Spragg, a relation of P Sprag& a memF*r of the Board of Trustees of £Nil {2020 £1,773) for front ofhouse and cleaning service5. A Wood, a trustee, received £Nil (2020 £585) for photographic and printing services.