| REFERENCE AND ADMINISTRATIVE INFORMATION |
|
|---|---|
| REPORT OF THE TRUSTEES | 2-8 |
| STATEMENT OF TRUSTEES' RESPONSIBILITIES | |
| INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES |
9-11 |
| STATEMENT OF FINANCIAL ACTIVITIES | 12 |
| BALANCE SHEETS | 13 |
| CONSOLIDATED STATEMENT OF CASH FLOWS |
14 |
| NOTES TO THE ACCOUNTS | 15-37 |
| Unrestricted | Designated | Restricted | 2022 | 2021 | |||
|---|---|---|---|---|---|---|---|
| Note | Fund | Fund | Fund | Total | Total | ||
| Income from: | |||||||
| Donations and legacies |
5 | 27,500 | 288,475 | 315,975 | 976,092 | ||
| Income from charitable | 6 | 1,139,931 | 310 | 1,140,241 | (6,665) | ||
| activities | |||||||
| Income from other | 7 | 292,748 | 292,748 | 220,520 | |||
| trading activities |
|||||||
| Investment income |
83 | 83 | 203 | ||||
| Total income | 1,460,262 | 288,785 | 1,749,047 | 1,190,150 | |||
| Expenditure on: |
|||||||
| Charitable activities |
8 | 1,065,885 | 506,999 | 1,572,884 | 727,068 | ||
| Raising funds | 8 | 131,578 | 36,858 | 168,436 | 96,606 | ||
| Total expenditure | 1,197,463 | 543,857 | 1,741,320 | 823,674 | |||
| Net income for the | year | 262,799 | (255,072) | 7,727 | 366,476 | ||
| Transfer between |
funds | 24,000 | (24,000) | ||||
| Transfer to Designated | Fund | (274,554) | 274,554 | ||||
| Corporatioo tox owed |
11 | 63 198 | 63 198 | ||||
| Net movement in |
funds | 75,443 | 274,554 | (279,072) | 70,925 | 366,476 | |
| Reconciliation offunds: |
|||||||
| Total funds | 199,557 | 68,000 | 1,900,074 | 2,167,631 | 1,801,155 | ||
| brought forward |
|||||||
| Total funds | 275,000 | 342,554 | 1,621,002 | 2,238,556 | 2, 167,631 | ||
| carried forward |
| Notes | Group | Group | Charity | Charity | |||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | ||||
| Fixed assets | |||||||
| Tangible assets Investment in subsidiary |
15 — 16— |
1,876,064 | 1,927,815 | 1,876,064 1,927,815 19———— 10——-— |
|||
| Current assets | 1,876,064 | 1,927,815 | 1,876,074 | 1,927,825 | |||
| Stocks Debtors and prepayments Cash at bank and in hand |
17 18 |
4,893 I59,448 889913 |
2,292 128,896 703883 |
4,893 98,850 889904 |
2,292 131,496 703799 |
||
| Creditors | 1,054,254 | 835,071 | 993,647 | 837,587 | |||
| Amounts falling due |
|||||||
| within one year | 19 | ~612985 | ~402 642 | ~612709 | ~405 168 | ||
| Net current assets | 441 269 | 432429 | 380 938 | 432 419 | |||
| Creditors | |||||||
| Amounts falling due after |
|||||||
| more than one year | 19 | (78,777) | (192,613) | (78,777) | (192,613) | ||
| Net assets | |||||||
| Funds | |||||||
| Unrestricted | 21 | 275,000 | 199,557 | 214,679 | 199,557 | ||
| Designated | 21 | 342,554 | 68,000 | 342,554 | 68,000 | ||
| Restricted | 22 | 1 621 002 | 1 | 90D074 | 1 621 DD2 | 1 900 074 | |
| Total funds | ~34~ | ~~3k | ~7~ |
| CONSOLIDATED S |
TATEMENT | OF | CASH FLOWS FO | R THE YEAR EN | DED 3 I MARCH | 2022 |
|---|---|---|---|---|---|---|
| Notes | ||||||
| 2022 | 2021 | |||||
| Cash generated by operating activities |
27 | 206,697 | 308,387 | |||
| Cash flows from investing Interest income |
activities | 83 | 203 | |||
| Purchase oftangible fixed |
assets | 15 | ~20 750 | ~85 946 | ||
| Cash used in investing activities |
L20667} | ~85743 | ||||
| Cash used in financing activities |
||||||
| Increase in cash and cash |
equivalent | in the year | 186030 | 222 644 | ||
| Cash and cash equivalent | at the beginning | ofthe year | 703 883 | 481 239 | ||
| Cash and cash equivalent | at the end ofthe year |
| 3. Comparative Statement of Financial |
3. Comparative Statement of Financial |
Activities | |||
|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | 2021 | ||
| Fund | Fund | Fund | Total | ||
| Income from: | |||||
| Donations and legacies |
66,432 | 909,660 | 976,092 | ||
| Income from charitable activities Income from other trading activities |
(7,005) 220,260 |
340 260 |
(6,665) 220,520 |
||
| Investment income |
203 | 203 | |||
| Total income | 279,890 | 910,260 | 1,190,150 | ||
| Expenditure on: |
|||||
| Charitable activities |
274,033 | 453,035 | 727,068 | ||
| Raising funds | 36,801 | 59,805 | 96,606 | ||
| Total expenditure | 310,834 | 512,840 | 823,674 | ||
| Net income for the year | (30,944) | 397,420 | 366,476 | ||
| Transfer between Funds |
193,216 | (193,216) | |||
| Transfer to Designated | Fund | (68,000) | 68,000 | ||
| Corporation tax owed |
|||||
| Net movement in funds |
94,272 | 68,000 | 204,204 | 366,476 | |
| Reconciliation offunds: |
|||||
| Total funds brought forward |
105,285 | 1,695,870 | 1,801,155 | ||
| Total funds carried forward | 199,557 | 68,000 | 1,900,074 | 2,167,631 |
| Charity statem | ent of |
financial activities | |||
|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | 2022 | ||
| Fund | Fund | Fund | Total | ||
| Income from: | |||||
| Donations and legacies |
27,500 | 288,475 | 315,975 | ||
| Income from charitable activities |
1,514,876 | 310 | 1,515,186 | ||
| Income from other | 292,748 | 292,748 | |||
| trading activities |
|||||
| Investment income |
83 | 83 | |||
| Total income | 1,835,207 | 288,785 | 2,123,992 | ||
| Expenditure on: |
|||||
| Charitable activities Raising funds |
1,437,806 131,725 |
506,999 36,858 |
1,944,805 168,583 |
||
| Total expenditure | 1,569,531 | 543,857 | 2,113,388 | ||
| Net income / (expenditure) for the year |
265,676 | (255,072) | 10,604 | ||
| Transfer from Restricted | Fund | 24,000 | (24,000) | ||
| Transfer to Designated | Fund | (274,554) | 274,554 | ||
| Net movement in funds |
15,122 | 274,554 | (279,072) | 10,604 | |
| Reconciliation offunds: |
|||||
| Total funds brought forward |
199,557 | 68,000 | 1,900,074 | 2,167,631 | |
| Total funds carried forward | 214,679 | 342,554 | 1,621,002 | 2,178,235 |
| FOR THE YEAR ENDED 31 M | FOR THE YEAR ENDED 31 M | ARCH 2022 | |||||
|---|---|---|---|---|---|---|---|
| Charity statement | offinancial | activities - Comparative | |||||
| Unrestricted | Designated | Restricted | 2021 | ||||
| Fund | Fund | Fund | Total | ||||
| Income from: | |||||||
| Donations and legacies Income from charitable |
66,432 32,629 |
909,660 340 |
976,092 32,969 |
||||
| activities | |||||||
| Income from other | 220,260 | 260 | 220,520 | ||||
| trading activities Investment income |
203 | 203 | |||||
| Total income | 319,524 | 910,260 | 1,229,784 | ||||
| Expenditure on: |
|||||||
| Charitable activities |
273,987 | 453,035 | 727,022 | ||||
| Raising funds | 36,799 | 59,805 | 96,604 | ||||
| Total expenditure | 310,786 | 512,840 | 823,626 | ||||
| Net income for the | year | 8,738 | 397,420 | 406,158 | |||
| Transfer between |
funds | 193,216 | (193,216) | ||||
| Transfer to Designated | Fund | (68,000) | 68,000 | ||||
| Net movement in |
funds | 133,954 | 68,000 | 204,204 | 406,158 | ||
| Total funds brought | forward | 65,603 | 1,695,870 | 1,761,473 | |||
| Total funds carried | forward | 199,557 | 68,000 | 1,900,074 | 2,167,631 |
| Donations and legacies |
|||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | |||
| Fund | Fund | Total | |||
| Donations | |||||
| Grants | |||||
| Sir George Martin Charitable | Trust | 2,000 | 2,000 | ||
| Youth Music Fund | 2,989 | 2,989 | |||
| WMDC —Raise Your Voice | 5,370 | 5,370 | |||
| WMDC —Tourism Recovery Fund |
14,240 | 14,240 | |||
| Creative Minds —Conversation |
Cafe | 2,200 | 2,200 | ||
| Creative Minds —Conversation |
Cafe 22/23 | 4,300 | 4,300 | ||
| SWYP Creative Minds - Chime SWYP Creative Minds —Chime |
22/23 | 3,000 4,300 |
3,000 4,300 |
||
| ACE Emergency Resilience Grant 2 |
109,500 | 109,500 | |||
| ACE Emergency Resilience Grant 3 |
109,500 | 109,500 | |||
| National Theatre —Speak Up | 12,620 | 12,620 | |||
| WDHCS —Chime 2022 WACCL 2021 |
5,000 5,000 |
5,000 5,000 |
|||
| WMDC UKCRF Grant Conv Cafe & Raise Your Voice |
5,076 | 5,076 | |||
| West Yorks Resilience Fund | 3,380 | 3,380 | |||
| Community Grant |
|||||
| WMDC LRS Grant | 21,500 | 2I,500 | |||
| WMDC Omicron Grant |
6,000 | 6,000 | |||
| 27,500 | 288,475 | 315,975 | |||
| Total donations and legacies |
27,500 | 288,475 | 315,975 | ||
| Investment Income |
|||||
| Bank Interest |
| Donations and legacies- Comparative |
Donations and legacies- Comparative |
Unrestricted | Restricted | 2021 |
|---|---|---|---|---|
| Fund | Fund | Total | ||
| P | ||||
| Donations | ||||
| Grants | ||||
| Heritage Fund WMDC Emergency Grant EPSIF Project Comm Foundation Creative Minds 2020 |
30,000 Wakefield |
48,157 3,180 2,750 |
48,157 30,000 3,180 2,750 |
|
| National Emergency Fund- Leeds The Art House Grants |
Comm | Found 10,000 |
10,000 2,500 |
10,000 12,500 |
| ACE Emergency Resilience Grant |
35,000 | 35,000 | ||
| ¹IWIIIGrant Received Youth Social Action | 4,171 | 4,171 | ||
| Power to Change Paul Hamlyn Foundation Grant |
25,000 20,000 |
25,000 20,000 |
||
| WMDC Wordfest | 15,000 | 15,000 | ||
| Nova Wakefield LWW Small Grant |
7,093 | 7,093 | ||
| Key Fund Investment Grant Theatres Trust Capital Grant |
50,000 5,000 |
50,000 5,000 |
||
| Arts Council Grant Recovery Fund | 475,000 | 475,000 | ||
| WMDC Building Light Up Garfield Weston Foundation |
840 200,000 |
840 200,000 |
||
| LEP Grant | 2,750 | 2,750 | ||
| WMDC LRS Grant | 26,432 | 26,432 | ||
| NOVA Live Well Wakefield 2 |
3,219 | 3,219 | ||
| 66,432 | 909,660 | 976,092 | ||
| Total donations and legacies |
66,432 | 909,660 | 976,092 | |
| Investment Income |
||||
| Bank Interest |
| Charitable activities |
|||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | |||
| Fund | Fund | Total | |||
| F | |||||
| Income from Charitable | Activities: | ||||
| Operation ofthe Theatre | |||||
| Boxoffice Other theatre iaco.me Touring income Education and outreach income Theatre production charges Theatre hires Ticket levies |
727,994 14„691 125,083 91,158 93,092 10,036 77,877 |
310 | 727,994 14,691 125,083 91,468 93,092 10,036 77,877 |
||
| Total Charitable income |
received | 1,139,931 | 310 | 1,140,241 | |
| Charitable activities Comparative |
|||||
| Unrestricted | Restricted | 2021 | |||
| Fund | Fund | Total | |||
| P. | |||||
| Income from Charitable | Activities: | ||||
| Operation ofthe Theatre | |||||
| Boxoffice | 61 | 61 | |||
| Other theatre income |
|||||
| Touring income |
|||||
| Education and outreach income Theatre production charges |
12,809 | 340 | 13, I49 | ||
| Theatre hires | |||||
| Ticket levies | (19,875) | (19,875) | |||
| Total Charitable income |
received | (7,005) | 340 | (6,665) | |
| Activities for generating | funds | ||||
| Unrestricted | Restricted | 2022 | |||
| Fund | Fund | Total | |||
| Trading activities Membership scheme Commission and recharges receivable Coronavirus Job Retention Scheme Sponsorship and development |
157,128 10,158 35,538 14,447 75,477 |
157,128 10,158 35,538 14,447 75,477 |
|||
| Total income received | 292,748 | 292,748 | |||
| Activities for generating | funds - Comparative | ||||
| Unrestricted | Restricted | 2021 | |||
| Fund | Fund | Total | |||
| Trading activities Membership scheme Commission and recharges receivable Coronavirus Job Retention Scheme Sponsorship and development |
3,630 5,795 18,831 124,487 67,517 |
260 | 3,630 5,795 18,831 124,487 67,777 |
||
| Total income received | 220,260 | 260 | 220,520 |
| Expenditure | ||||||
|---|---|---|---|---|---|---|
| Direct cost of |
Support costs |
Restricted | Total funds |
|||
| activities | 2022 | |||||
| Charitable Acfivities | ||||||
| Artist costs | 5,234 | 5,234 | ||||
| Stage expenses Technical and front of house |
costs | 1,974 76,991 |
52,623 | 1,974 129,6 l4 |
||
| Visiting producers fees TRW running and production Touring costs Education and outreach fees |
costs | 183,320 468,037 26,106 35,793 |
145,807 | 183,320 468,037 26,106 181,600 |
||
| Marketing Other support costs Governance |
40,665 218,742 6,223 |
122,255 186,314 |
162,920 405,056 6,223 |
|||
| Governance -Subsidiary |
2800 | 2 800 | ||||
| Total Charitable Activities |
797,455 | 268,430 | 506,999 | 1,572,884 | ||
| Acfivities for generating Fundraising Trading activities Marketing Other support costs Governance |
funds | 46,706 63,675 |
8,574 12,296 327 |
18,757 1,861 16,240 |
65,463 65,536 8,574 28,536 327 |
|
| Total activities for generating | funds | 110,381 | 21,197 | 36,858 | 168,436 | |
| Total expenditure | 907,836 | 289,627 | 543,857 | 1,741,320 | ||
| Expenditure - Comparative |
Direct | Support | Restricted | Total | ||
| cost of | costs | funds | ||||
| activities | 2021 | |||||
| Charitable Activities | ||||||
| Artist costs | ||||||
| Stage expenses Technical and front of house |
costs | 1,668 99,168 |
32,098 | 1,668 131,266 |
||
| Visiting producers fees | ||||||
| TRW running and production |
costs | |||||
| Touring costs Education and outreach fees |
22,288 | 99,602 | 121,890 | |||
| Marketing Other support costs Governance |
37,438 108,145 5,326 |
47,213 274,122 |
84,651 382,267 5,326 |
|||
| Governance - Subsidiary |
||||||
| Total Charitable Activities |
123,124 | 150,909 | 453,035 | 727,068 | ||
| Activities forgenerating Fundraising Trading activities Marketing Other support costs Governance |
funds | 21,528 1,993 |
4,456 8,544 280 |
40,514 2,379 16,912 |
62,042 4,372 4,456 25,456 280 |
|
| Total activities for generating | funds | 23,521 | 13,280 | 59,805 | 96,606 | |
| Total expenditure | 146,645 | 164,189 | 512,840 | 823,674 |
| on a basis of premises resources. |
co | sts b | ased on floor | space and t | he other costs a | re consistent |
|---|---|---|---|---|---|---|
| Charitable | Trading | 2022 | ||||
| activities | activities | Total | ||||
| — | ||||||
| Administration salaries |
1-40;307 | 7,385 | I47;692 | |||
| Other staff costs Premises Costs |
4,628 160,104 |
243 15,642 |
4,87 I 175,746 |
|||
| Computer, stationery and |
postage costs | 19,941 | 1,050 | 20,991 | ||
| Telephone Travelling and subsistence |
costs | 6,238 2,601 |
328 137 |
6,566 2,738 |
||
| Legal and professional | costs | 20,642 | 1,087 | 21,729 | ||
| Bank charges Interest payable Other sundry expenses |
2,98 I 4,959 7,370 |
157 261 389 |
3,138 5,220 7,759 |
|||
| Depreciation offixtures, fittings |
&equipment | 35,285 | 1,857 | 37,142 | ||
| Marketing | 162,920 | 8,574 | 171,494 | |||
| Governance costs Governance costs —subsidiary |
6,223 2,800 |
327 | 6,550 2,800 |
|||
| 576,999 | 37,437 | 614,436 | ||||
| Restricted | 308,569 | 16,240 | 324,809 | |||
| Unrestricted | 268,430 | 21,197 | 289,627 | |||
| Total | 576,999 | 37,437 | 614,436 | |||
| Allocation ofsupport | costs Comparative | |||||
| The charity allocates its support |
costs as shown in the table below. The support costs |
|||||
| on a basis of premises | costs based on floor | space and the other costs are consistent w |
||||
| resources. | ||||||
| Charitable | Trading | 2021 | ||||
| activities | activities | Total | ||||
| F | ||||||
| Administration salaries Other staff costs Premises costs |
149,025 10,126 118,467 |
7,844 533 11,574 |
156,869 10,659 I30,041 |
|||
| Computer, stationery and |
postage costs | 18,548 | 976 | I9,524 | ||
| Telephone Travelling and subsistence costs Legal and professional costs Bank charges interest payable Other sundry expenses Depreciation offixtures, fittings &equipment |
4,817 (137) 35,640 3,470 7,424 966 33,921 |
253 (7) 1,876 182 390 51 1,785 |
5,070 (144) 37,516 3,652 7,814 1,017 35,706 |
|||
| Marketing Governance costs Governance costs —subsidiary |
84,651 5,326 |
4,455 280 |
89,106 5,606 |
|||
| 472,244 | 30,192 | 502,436 | ||||
| Restricted | 321,335 | 16,912 | 338,247 | |||
| Unrestricted | 150,909 | 13,280 | 164,189 | |||
| Total | 472,244 | 30,192 | 502,436 |
| Profit and | loss account | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Turnover | 468,037 | |||
| Cost of sales and administrative | costs | (470,919) | (48) | |
| Operating | (Loss) | (2,882) | (48) | |
| Theatre Tax relief | 63,198 | |||
| Distribution | to parent charity under Gift Aid | (39,634) |
| Net expenditure for the year |
||
|---|---|---|
| Net expenditure is stated after charging: |
2022 | 2021 |
| F | ||
| Operating leases |
1,668 | 1,319 |
| Depreciation | 72,501 | 71,211 |
| Auditor's remuneration: |
||
| Audit fees - Charity | 8,070 | 8,000 |
| Audit fees —Subsidiary |
2,800 | |
| Audit Fees - Other | 3,500 | 1,500 |
| Staff costs, Trustees' remuneration and expen |
ses and cost of key management per |
sonnel |
|---|---|---|
| Staff costs | 2022 | 2021 |
| Salaries and wages | 565,195 | 420,091 |
| Social Security costs | 38,298 | 30,193 |
| Pension costs | 8,390 | 9,297 |
| 611,883 | 459,581 |
| Trustees' emoluments |
Trustees' emoluments |
||||||
|---|---|---|---|---|---|---|---|
| During the year, Katherine | Town was the | Executive Director and | Trustee ofthe company | with | Charity | ||
| Commission | consent. The | remuneration | related | to their services as employee and there |
was no | ||
| remuneration | for their duties as Trustees. | The total | remuneration | was as follows: | |||
| 2022 | 2021 | ||||||
| P | E | ||||||
| Salaries (2022 salaries) | 53,805 | 53,805 | |||||
| Paid holiday | allowance | 5,795 | |||||
| Company pension contributions |
1,321 | 1,313 | |||||
| 60,921 | 55,118 |
| equivalent employees |
(including casual and part time staff) |
during the year was made up | as follows: |
|---|---|---|---|
| 2022 | 2021 | ||
| Number | Number | ||
| Stage crew and technicians | |||
| Boxoffice, marketing | and front of house | ||
| Bar | |||
| Education | |||
| Own productions | |||
| Support | |||
| 19 | 16 |
| The following transactions |
took place | during | the year | between | the Trust | and | its | wholly | owned | |
|---|---|---|---|---|---|---|---|---|---|---|
| subsidiary TRW Productions |
Ltd (aTRWa): | |||||||||
| 2022 | 2021 | |||||||||
| Transactions: | ||||||||||
| Production costs recharged |
to TRW | 374,945 | ||||||||
| Theatre acd utilities ~rechar | ed tc TRW | 93„092 | ||||||||
| Commission fee charged |
by TRW | (468,037) | ||||||||
| Gift aid from TRW to the | trust | 39,634 | ||||||||
| Year end balances: | ||||||||||
| Amounts owed to TRW |
2,526 | 2,526 | ||||||||
| Amount owed by TRW |
2,600 |
| Group and | charity: | ||||
|---|---|---|---|---|---|
| Freehold | New Build | Fixtures, | |||
| land and | development | fittings and | |||
| buildings | costs | equipment | Total | ||
| Cost | |||||
| 1 April 2021 | 885,000 | 992,852 | 69l,487 | 2,569,339 | |
| Additions | 20,750 | 20,750 | |||
| Disposals | |||||
| 31 March 2022 | 885,000 | 992,852 | 712,237 | 2,590,089 | |
| Depreciation | |||||
| 1 April 2021 | 112,000 | 56,535 | 472,989 | 641,524 | |
| Charge for year | 16,000 | 19,359 | 37, l42 | 72,501 | |
| Depreciation | on Disposals | ||||
| 31 March 2022 | |||||
| 128,000 | 75,894 | 510,131 | 714,025 | ||
| Net book values | |||||
| 31 March 2022 | 757,000 | 916,958 | 202,106 | 1,876,064 | |
| 31 March 2021 | 773,000 | 936,317 | 218,498 | 1,927,815 | |
| Investments |
| Group | Charity | |||||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |||||
| P | ||||||||
| Amounts | falling due | within | one year: | |||||
| Trade debtors | 32,942 | 2,292 | 32,942 | 4,892 | ||||
| P repayments Accrued income |
41,290 17,821 |
51,513 60,551 |
41,290 17,821 |
51,513 60,551 |
||||
| Taxation | 8 Social Security | 3,631 | 14,540 | 3,631 | 14,540 | |||
| Theatre tax relief | 63,198 | |||||||
| Other Debtors | 566 | 566 | ||||||
| Amounts | owed by subsidiary | company | 2,600 | |||||
| 159,448 | 128,896 | 98,850 | 131,496 | |||||
| 19. | Creditors | |||||||
| Group | Charity | |||||||
| 2022 | 2021 | 2022 | 2021 | |||||
| Amounts | falling due within | one year". | ||||||
| Trade creditors | 59,652 | 62,655 | 59,652 | 62,655 | ||||
| Amounts | owed to subsidiary | company | 2,526 | 2,526 | ||||
| Taxation | and social security | 8,668 | 8,668 | |||||
| Other creditors | 30,428 | 24,330 | 30,428 | 24,330 | ||||
| Accruals | 83,978 | 33,781 | 81,176 | 33,781 | ||||
| Deferred | BoxOffice Income | (note 20) | 366,428 | 202,490 | 366,428 | 202,490 | ||
| Other Loans | 38,210 | 51,916 | 38,210 | 51,916 | ||||
| Deferred | Income | 24,065 | 8,578 | 24,065 | 8,578 | |||
| Pension | contributions | payable | 10,224 | 10,224 | 10,224 | 10,224 | ||
| 612,985 | 402,642 | 612,709 | 405,168 | |||||
| Group | Charity | |||||||
| 2022 | 2021 | 2022 | 2021 | |||||
| Amounts | falling due in more than one | year: | ||||||
| Pension | contributions | payable | 10,704 | 21,458 | 10,704 | 21,458 | ||
| Other Loans | 68,073 | 105,320 | 68,073 | 105,320 | ||||
| Deferred | Box Office Income | (note 20) | 65,835 | 65,835 | ||||
| 78,777 | 192,613 | 78,777 | 192,613 |
| NOTES | TO THE A | CCOUNTS FOR THE YEAR END | ED 31 MARCH 2022 | |
|---|---|---|---|---|
| Deferred income | ||||
| 2022 | 2021 | |||
| BoxOffice | ||||
| Balance as at 1 April 2021 Amount released to incoming |
resources | 268,325 (268,325) |
312,914 (312,914) |
|
| Amount deferred |
in the year | 366,428 | 268,325 | |
| 366,428 | 268,325 | |||
| Theatre Hires/Sponsorship | Annual Agreements | |||
| Balance as at 1 April 2021 Amount released to incoming |
resources | 8,578 (8,578) |
6,418 (6,418) |
|
| Amount deferred | in the year | 24,065 | 8,578 | |
| 24,065 | 8,578 | |||
| Balance as at 31 | March 2022 | 390,493 | 276,903 | |
| Due within 1 year |
390,493 | 211,068 | ||
| Due after more than 1 year |
65,835 |
| NOTES TO | THE ACCOU | NTS FOR T | HE YEAR EN | DED 31 MARC | H 2022 | |
|---|---|---|---|---|---|---|
| Designated Fund Group &Charity |
Brought forward |
Incoming resources |
Outgoing resources |
Transfers | Carried forward |
|
| Matcham Restoration |
& Refurb | 68,000 | 114,554 | 182,554 | ||
| Covid Recovery | 160,000 | 160,000 | ||||
| 68,000 | 274,554 | 342,554 |
| Restricted funds Group and charity: |
|||||||
|---|---|---|---|---|---|---|---|
| Balance | Incoming | Outgoing | Balance | ||||
| 31 | March | resources | resources | Transfers | 31 March | ||
| 2021 | 2022 | ||||||
| Fixed Assets —Land & Buildings | 756,559 | (16,000) | 740,559 | ||||
| Fixed Assets —Centre for Creativity | 783,847 | (25,175) | 758,672 | ||||
| Fixed Assets —Other | 28,132 | (7,583) | 12,744 | 33,293 | |||
| Equity Trust WACCL |
3,627 6,070 |
(576) (4,903) |
3,051 1,167 |
||||
| Youth Music Fund | 4,077 | 3,299 | (7,376) | ||||
| NT Theatre Nations Partnership |
3,928 | 3,928 | |||||
| WMDC Capital Fund Theatres Trust |
56,158 4,319 |
(4,676) (1,635) |
51,482 2,684 |
||||
| ¹iWill | 4,171 | (4,171) | |||||
| NOVA Live Well Wakefield | 1,151 | (1,151) | |||||
| Social Enterprise Support Fund |
5,952 | (5,952) | |||||
| Arts Council Culture Recovery | 1 | 40,335 | (40,335) | ||||
| Arts Council Culture Recovery |
2 | 109,500 | (109,500) | ||||
| Arts Council Culture Recovery |
3 | 109,500 | (75,793) | (33,707) | |||
| EPSIF | 1,748 | (1,748) | |||||
| Garfield Weston | 200,000 | (197,495) | (2,505) | ||||
| WMDC Raise Your Voice | 5,370 | (3,260) | 2,110 | ||||
| Creative Minds Raise Your Voice |
2,200 | (2,200) | |||||
| WMDC Tourism Recovery |
14,240 | (14,240) | |||||
| Chime Creative Minds |
3,000 | (3,000) | |||||
| National Theatre Speak Up |
12,620 | (12,088) | (532) | ||||
| WDHCS Chime 2022 | 5,000 | (5,000) | |||||
| WACCL 2021 | 5,000 | 5,000 | |||||
| Sir George Martin Charitable Creative Minds Conversation |
Trust Cafe |
2,000 4,300 |
2,000 4,300 |
||||
| WMDC UKCRF Grant Conv Cafe R | YV | 5,076 | 5,076 | ||||
| West Yorks Resilience Fund Comm |
Grant | 3,380 | 3,380 | ||||
| Creative Minds Chime 2022 |
4,300 | 4,300 | |||||
| 1,900,074 | 288,785 | (543,857) | (24,000) | 1,621,002 |
| 23. | Analysis of group net assets | between funds | between funds | |||
|---|---|---|---|---|---|---|
| Designated | General | Restricted | Total | |||
| Funds | Funds | funds | 2022 | |||
| Fund balances at 31 March 2022 | ||||||
| are represented by: |
||||||
| Tangible fixed assets Cash in hand Other net current (liabilities) Long term (liabilities) |
342,554 | 130,857 663,342 (443,693) (75,506) |
l,745,207 (115,983) (4,951) (3,271) |
1,876,064 889,913 (448,644) (78,777) |
||
| 342,554 | 275,000 | 1,621,002 | 2,238,556 | |||
| Analysis of group net assets | between funds Comparative | |||||
| Designated | General | Restricted | Total | |||
| Funds | Funds | funds | 2021 | |||
| P. | ||||||
| Fund balances at 31 March 2021 | ||||||
| are represented by: |
||||||
| Tangible fixed assets Cash in hand Other net current (liabilities) Long term (liabilities) |
68,000 | 133,789 447,863 (210,781) (171,314) |
1,794,026 188,020 (60,673) (21,299) |
1,927,815 703,883 (271,454) (192,613) |
||
| 68,000 | 199,557 | 1,900,074 | 2,167,631 | |||
| 24. | Financial commitments | |||||
| At 31 March 2022 the company follows: |
had annual | commitments | under non-cancellable operating |
leases as |
| 2022 | 2021 | |
|---|---|---|
| Expiry date: | ||
| Within one year | 777 | 777 |
| Between one and five years | 1,943 | 2,720 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Net movement in funds |
70,925 | 366,476 | |||||
| Depreciation charge |
72,501 | 71,211 | |||||
| Interest income | (83) | (203) | |||||
| Decrease/(Increase) | in | stock | (2,601) | 4,435 | |||
| (Increase)/ Decrease in |
debtors | (30,552) | (9,577) | ||||
| Increase/(Decrease) | in | creditors | 96,507 | (123,955) | |||
| Net cash generated operating activities |
by/(used | in) | 206,697 | 308,387 | |||
| Financial instruments |
|||||||
| 2022 | 2021 | ||||||
| P | F | ||||||
| Carrying amount |
of financial | assets | |||||
| Debt instruments | measured | at | amortised | cost | |||
| Carrying amount |
of financial | liabilities | &2K338 | M2~2 | |||
| Measured at amortised |
cost |