LONG EATON AND DISTRICT ARTS COUNCIL
CHARITY NUMBER 508745
TRUSTEES REPORT 2023
This is our eleventh year since the completion of the stage and auditorium work and again it is pleasing to see that our income has increased. In general terms we remain on target for our original business plan even after taking into account the restricted period that we were able to open during the covid pandemic. It represents an almost full capacity for Theatre operations. We are self sustaining and assuming no unforeseen circumstances we look set to remain so. What should be noted is something that has been mentioned in previous years and we do not apologise for repeating ourselves. We have a most dedicated and hard working group of people, both members and non-members, who spend many hours working at our venue maintaining and enhancing the building. There is no doubt that had we needed to pay for the labour which has been freely given we would not be in the position that we are in today. No person who carries out maintenance, works on the refreshment or alcohol bar or serves as front of house staff, receives any payment but they are always there when needed.
The Chatsworth Arts Centre has continued to make significant moves forward and we believe, as do our bankers, that the Centre has more than met its financial targets and business aims and is proving to remain a stable platform thanks to the care invested in it.
J. Thurman Trustee
LONG EATON AND DISTRICT ARTS COUNCIL INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31ST JULY 2023
2022
THEATRE OPERATIONS
| 2022 | LONG EATON AND DISTRICT ARTS COUNCIL INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31ST JULY 2023 THEATRE OPERATIONS |
||
|---|---|---|---|
| £488.40 £2,978.79 £1,796.24 £5,794.59 £6,977.67 £215.00 £15.12 £271.32 £694.71 £1,179.29 £20,672.48 £2,090.00 £16,253.36 £9,772.19 £1,166.81 £3,241.31 £350.00 £8,986.25 £536.14 £540.00 £300.00 £4,529.13 |
INCOME £42,840.00 Theatre Hire £1,000.00 Advance Hire £43,840.00 THEATRE INCOME EXPENDITURE Rates Waste Collection Insurance Electrricity Cleaning and Materials Licence Performing Rights Society Office Expenses Publicity Water Project Costs £41,083.61 THEATRE EXPENDITURE £2,756.39 EXCESS OF THEATRE INCOME OVER EXPENDITURE EXCESS OF THEATRE EXPENDITURE OVER INCOME OTHER INCOME Membership Gross Bar Sales £53,910.89 Purchases £30,052.75 Net Bar Sales Refreshments and Coffee Mornings Gross £12,183.08 Purchases £3,570.39 Refreshments and Coffee Mornings Net Ice Cream Sales - Gross £6,683.41 Purchases £2,835.54 Ice Cream Sales - Net Donations Fundraising Proceeds Sponsorship Theatres Trust £32,873.67 TOTAL FROM OTHER SOURCES OF INCOME OTHER EXPENDITURE Repairs and Maintenance Alarm System Expenses Professional Fees Fire Safety Equipment Theatre Improvements/Equipment £14,891.52 TOTAL OTHER EXPENDITURE £17,982.15 EXCESS OF OTHER INCOME OVER OTHER EXPENDITURE £20,738.54 EXCESS OF INCOME OVER EXPENDITURE |
£450.80 £3,872.01 £1,742.60 £18,401.06 £7,486.58 £180.00 -£2,666.06 £639.84 £734.84 £768.53 £23,057.40 £1,575.00 £23,858.14 £8,612.69 £3,847.87 £2,294.30 £2,110.25 £250.00 £5,000.00 £12,019.17 £566.52 £825.20 £836.52 £4,627.39 |
£50,025.00 £1,000.00 £51,025.00 £54,667.60 |
| -£3,642.60 £47,548.25 £18,874.80 |
|||
| £28,673.45 | |||
| £25,030.85 |
LONG EATON AND DISTRICT ARTS COUNCIL
I have examined the Income and Expenditure Account and Reconciliation of Bank and Loan Accounts for the year ended 31[st] July 2023.
I consider the appended Accounts to reflect an accurate statement of the affairs of the Long Eaton and District Arts Council as at that date.
......N.Stewart.........................................................
Signed: N.Stewart
N.Stewart Accountant Nottingham
Date .. 4[th] October 2023