**Grove Park Theatre                                                                                 Charity No. 505339** 

**Accounts for the year ended 31.7.2021** 

**David A Hopkins Chartered Accountant 7 King Street, Wrexham LL11 1HF Telephone (01978) 364331** 



## **INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF THE GROVE PARK THEATRE** 

I report on the Accounts of the Theatre for the year ended 31[st] July 2021 which are set out on pages 1 to 7. 

## **Respective responsibilities of members of the Theatre and Examiner** 

As members of the Theatre, you are responsible for the preparation of Accounts you consider that the audit requirements of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state on the basis of procedures specified in the General Direction  given by the Charity Commissioners under section 43(7) of the Act whether . particular matters have come to my attention. 

## **Basis of Independent Examiner’s Report** 

My examination was carried out in accordance with the general directions given by the Charity Commissioners. An examination includes review of the accounting records kept by the Theatre 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 you as members of the Theatre concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the Accounts. 

## **Independent Examiner’s Statement** 

In connection with my examination, no matter has come to my attention:- 

1. Which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 41 of the Act and to prepare Accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met, 

or 

2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the Accounts to be reached. 

David A Hopkins Chartered Accountant 7 King Street, Wrexham LL11 1HF 

Date 

**page 1** 



|**Grove Park Theatre**<br>**Balance Sheet**<br>**as at 31.7.2021**<br>**Fixed Assets**<br>Freehold Property (at cost) Little Theatre<br>Leasehold Property Pentrefelin Warehouse<br>Fixtures, fittings and equipment<br>**Current Assets**<br>Stock in hand<br>Debtors and prepayments<br>Cash at bank and in hand<br>**Current Liabilities**<br>Creditors and accrued expenses<br>**Net current assets**<br>**Represented by:-**<br>Accumulated Fund<br>Balance brought forward<br>Surplus/deficit for year<br>Balance carried forward|0<br>1016<br>194054<br>195070<br>480|**2021**<br>159587<br>132252<br>48005<br>334844<br>194590<br>529434<br>534557<br>-5123<br>529434|748<br>5998<br>208736<br>215482<br>4200|**2020**<br>139817<br>135675<br>47783<br>323275<br>211282|
|---|---|---|---|---|
|||||534557|
|||||505180<br>29377<br>534557|



**page 2** 



|**Grove Park Theatre. Notes to the Balance**|**Sheet as at 31.7.2021**|
|---|---|
||**2021**|
|**1. Freehold Property**||
|Cost b/down|139817|
|Addition|19770|
||159587|
|**2. Leasehold Property**||
|Pentrefelin warehouse (at cost) b/down|203838|
|Less Amortization brought forward|-68163|
|Charge for year|-3423|
|Carried forward|71586|
|Net book value||
|At 31.7.2021|132252|
|At 31.7.2020|135675|



The above property is held on a 99 year lease which commenced on 11th September 1961. Therefore the proportion of the lease purchased by the Theatre on 31st October 1991 is being amortized over the remaining 69 years on a straight line basis 

|**3. Fixtures, Fittings and Equipment**|Equipment||
|---|---|---|
|Cost. Brought forward|408416||
|Additions|0||
|Carried forward|408416||
|Less depreciation brought forward|360633||
|Charge for year|4778||
|Carried forward|365411||
|Net book value|||
|At 31.7.2021|43005||
|At 31.7.2020|30292||
|The policy of depreciating Fixtures, Fittings and Equipment by 20% per||annum will be continued|
|in the future years, but this year only 10% was applied due to lack of use of equipment.|||
|**4. Stocks on hand (at cost)**|2021|2020|
|Catering Stock|0|145|
|Bar|0|548|
|Sweets and ices|0|55|
||0|748|



**page 3** 



## **Grove Park Theatre Notes to the Balance Sheet as at 31.7.2021** 

|**5. Debtors and Prepayments**<br>Production costs (scripts, royalties)<br>(see note below) *<br>Advertising hoarding<br>**6. Cash at bank and in hand**<br>Cash in hand<br>Bank account<br>General account<br>Bar account<br>Social account<br>200 Club account<br>Tracker account<br>**7. Creditors and accrued expenses**<br>Ticket sales in advance- Panto<br>Refunds due- Panto 20/21<br>200 Club-received in advance<br>200 Club- Prizes creditor<br>Other creditors<br>Calamity Jane royalties<br>* Production costs in 2020 £5,998.<br>Refund of royalty £4,982, the balance is<br>£1,016. Scripts in hand July 2021, £1,016|**2021**<br>1016<br>0<br>1016<br>271<br>4041<br>4050<br>2925<br>1939<br>180828<br>194054<br>0<br>0<br>0<br>0<br>480<br>0<br>480|**2020**<br>5998<br>0<br>5998<br>607<br>3297<br>3620<br>2925<br>775<br>197512|**2020**<br>5998<br>0<br>5998|
|---|---|---|---|
|||208736||
||||0<br>2928<br>12<br>0<br>1260<br>0<br>4200|
|||||



**page 4** 



## **Grove Park Theatre Income and Expenditure Account for the year ended 31.7.2021** 

|**Income**<br>From Productions<br>Less Production costs<br>Sale of programmes<br>Sales<br>Cost<br>Net income from Productions<br>**Other income**<br>Trading profits (Losses)<br>Full membership-subscriptions<br>Youth membership-subscriptions<br>200 Club<br>Hire of Theatre<br>Interest received<br>Donations/legacies<br>Rent/car park<br>Hoarding & Adverts<br>Covid & Grants<br>**Theatre running costs**<br>Establishment<br>Administration<br>Finance and Booking charges<br>Cash surplus/deficit for year<br>Depreciation (1/2 rate)<br>Amortisation of lease<br>Net income/deficit|0<br>0<br>-654<br>0<br>0<br>1176<br>0<br>216<br>0<br>7906<br>1250<br>25000<br>29364<br>1899<br>809<br>4778<br>3423|**2021**<br>565<br>-309<br>256<br>0<br>256<br>34894<br>35150<br>-32072<br>3078<br>`<br>-8201<br>-5123|**2020**<br>69152<br>18168<br>50984<br>2112<br>-1743<br>369<br>51353<br>7159<br>5951<br>744<br>846<br>15<br>561<br>295<br>7320<br>500<br>35000<br>58391<br>109744<br>48929<br>13214<br>2856<br>-64999<br>44745<br>11945<br>3423<br>-15368<br>29377|**2020**<br>69152<br>18168<br>50984<br>2112<br>-1743<br>369<br>51353<br>7159<br>5951<br>744<br>846<br>15<br>561<br>295<br>7320<br>500<br>35000<br>58391<br>109744<br>48929<br>13214<br>2856<br>-64999<br>44745<br>11945<br>3423<br>-15368<br>29377|**2020**<br>69152<br>18168|
|---|---|---|---|---|---|
||||||50984<br>369<br>51353<br>58391|
|||||44745<br>-15368||
|||||29377||



**page 5** 



## **Grove Park Theatre Notes to the** 

## **Income and Expenditure Account for the year ended 31.7.2021** 

|**2021**<br>**1. Income from Productions**<br>Season ticket holders<br>0<br>Pantomime-Rapunzel 2019/2020<br>0<br>Pantomime- ticket waivers (see note below)<br>565<br>**2019/2020 Season**<br>Darling Buds<br>Eric Morecambe<br>Glorious<br>Talking Heads<br>One Man<br>Romeo & Juliet<br>Youth Productions<br>565|1253<br>2302<br>3794<br>188<br>3030<br>90<br>1848|**2020**<br>19905<br>36270<br>472<br>12505|
|---|---|---|
|||69152|



**page 6** 



## **Grove Park Theatre Notes to the Income and Expenditure Account for the year ended 31.7.2021** 

||**2021**||**2020**|
|---|---|---|---|
|**2. Production Costs**||||
|Pantomine|||9830|
|**2020/2021 Season**|159||165|
|**2019/2020 Season**||||
|Darling Buds||0||
|Eric Morecambe||475||
|Glorious||1289||
|Talking Heads||0||
|One Man||743||
|Romeo & Juliet||0||
|Youth Productions||198|2705|
|Ticket refunds plays|0||532|
|Scripts and Royalties (see note page 3)|0||3667|
|Technical Director|75||791|
|Art Director|143||478|
||309||18168|



**page 7** 



|**Grove Park Theatre**<br>**Notes to the**<br>**Income and Expenditure Account**<br>**for the year ended 31.7.2021**<br>**3. Trading Profits**<br>Gross: Bar Takings<br>Less: Cost of goods sold-stock loss<br>Bar: Net Profit (Loss)<br>Sweets and Ices: Sales<br>Sweets  and Ices: Costs-stock loss<br>Catering/Social: Sales<br>Catering/Social: Costs-stock loss<br>Net Profit (Loss)<br>**4. Establishment Expenses**<br>Insurance<br>Ground Rent<br>Rates, Water & Refuse<br>Heating and Lighting<br>Repairs and Renewals<br>Telephone<br>House Director's Expenses<br>**5. Administration Expenses**<br>Transport<br>Hospitality<br>Printing, post, stat. & adv<br>Subscriptions & Licences<br>Accountancy fees<br>Administration & Misc<br>**6. Finance Charges**<br>Online Bookings<br>Booking Fees<br>Bank charges|0<br>-55<br>134<br>-185<br>0<br>0|**2021**<br>0<br>-548<br>-548<br>-55<br>-51<br>-654<br>6501<br>184<br>2413<br>3276<br>13535<br>1314<br>2141<br>29364<br>70<br>0<br>54<br>203<br>492<br>1080<br>1899<br>0<br>811<br>811|**2021**<br>0<br>-548<br>-548<br>-55<br>-51<br>-654<br>6501<br>184<br>2413<br>3276<br>13535<br>1314<br>2141<br>29364<br>70<br>0<br>54<br>203<br>492<br>1080<br>1899<br>0<br>811<br>811|7210<br>-4497<br>1652<br>-464<br>3732<br>-2474|**2020**<br>6644<br>-3386<br>3258<br>2713<br>1188<br>7159<br>6708<br>184<br>5465<br>13700<br>17539<br>1011<br>4322<br>48929|**2020**<br>6644<br>-3386<br>3258<br>2713<br>1188<br>7159<br>6708<br>184<br>5465<br>13700<br>17539<br>1011<br>4322<br>48929|
|---|---|---|---|---|---|---|
||||||610<br>336<br>8914<br>1827<br>1272<br>255<br>13214||
|||||||1258<br>1597|
|||||||2855|



**page 8**