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2022-06-30-accounts

FARNWORTH LITTLE THEATRE TRUSTEES ANNUAL REPORT 2022

Background

Farnworth Little Theatre was established in 1948 with our first main production at the local Co-op hall the following year. We moved into the King’s Hall in 1952 then into our current premises a declining Church Army mission, on a long lease in the early 60s. In 1997 an agreement was reached with the Parish Church on a price for the building, and purchase was completed at the end of 2001. The auditorium has been completely refurbished and a disabled toilet installed.

Farnworth Little Theatre became a registered charity on 30 June 1981 and has since provided open membership to the people of Farnworth and district for the purpose of educating the public in the art of drama and the furtherance of public appreciation and taste in drama by studying and regularly performing plays of merit in our own permanent theatre.

Current Trustees

Phil Brookes - Chris Norris - Adrian Mottram - Mark Cannon

Officers

President: Pat Stirzaker

Chairman: Lesley Norris

Email: chairman@farnworthlittletheatre.co.uk.

Secretary: Susan Howard

Email: secretary@farnworthlittletheatre.co.uk.

Treasurer: Pam Massey

Email: treasurer@farnworthlittletheatre.co.uk.

Director of Productions: Dave Eyre

Web Contact: Gemma Norris

Email: webmaster@farnworthlittletheatre.co.uk.

Membership Fees: £10.00; youth under 18: £5

Bar: Premises License

Charity Reg. No.: 511428

Summary of the year

Sadly the tail end of the Covid-19 pandemic meant our first production of the season of The Ghost Train by Arnold Ridley had to be cancelled, but we returned to performing with gusto with a gripping tale of the preparations for D-Day in Pressure by David Haig.

This was followed by a riotously funny production of One Man Two Guvnors by Carlo Goldoni/Richard Bean/Grant Olding , described as “a Masterclass in directing a farce”.

Next came the quirky Life Of Riley by Alan Ayckbourn, always a favourite with our audiences.

We finished the season with a production of the classic All My Sons by Arthur Miller.

With good attendances throughout the year our finances continue on a sound footing.

Plans for 2022/23

Our play selection committee have selected a fantastic mix of plays for the coming season with a good mix of old and new: The 39 Steps by Patrick Barlow/John Buchan; Jumpers for Goalposts by Tom Wells; Dangerous Corner by J.B. Priestley; Taking Sides by Ronald Harwood and Talking Heads by Alan Bennett.

Conclusion

The trustees, having had due regard to the commission’s public benefit guidance are confident that Farnworth Little Theatre is being managed effectively and is fulfilling its’ obligations to our members and the wider community.

Farnworth Little Theatre Profit & Loss Account For the Year to 30th June 2022

Sales
Bar Sales
Ticket Sales
Memberships
Flutter Income
Tea & Coffee Sales
Ice Cream Sales
Programme Sales
Programme Advertising
Theatre Hire
Script Hire
Pat's Books
Costume & Props Hire
Bank Interest Received
Donations and Grants
Purchases
Bar Purchases
Flutter Prizes & Expenses
Tea & Coffee Purchases
Ice Cream Purchases
Programme Printing
Direct Expenses
Sets, Props & Costumes
Publicity
Scripts
Licences
Miscellaneous Expenses
Gross Profit/(Loss):
Overheads
Rates & Insurance
Heat, Light and Power
Printing and Stationery
Telephone and Computer charges
Professional Fees
Maintenance
Bank Charges and Interest
Donations
Subscriptions
Adjudications & Entry Fees
Net Profit/(Loss):
6,787.71
444.60
16,114.43
-
525.00
190.00
1,605.00
1,540.00
530.60
-
709.50
-
439.20
-
100.00
-
-
-
185.96
-
-
7.00
32.29
10.01
13,903.86
27,014.41
16,110.75
4,040.27
208.05
1,571.84
1,418.54
236.33
-
372.11
-
351.67
-
6,572.22
1,626.59
3,661.02
445.06
1,011.22
-
440.96
-
1,946.61
88.78
484.64
14.39
7,544.45
548.23
12,897.74
13,935.93
3,985.60
2,918.05
6,662.03
2,429.33
11.92
-
438.42
355.49
-
1,653.22
11,655.46
232.15
3.16
50.00
-
226.00
117.00
-
13,259.34
17,478.49
( 361.60 )
( 3,542.56 )
2022
2021

Farnworth Little Theatre 2021/2022 Season

Income
Ticket Sales
Tea & Coffee
Ice Cream
Programmes
Programme Adverts
Total
Expenditure
Tea & Coffee
Ice Cream
Programmes
Sets & Props
Costumes
Scripts
Licences
Posters & printing
Photos
Other
Total
Net
The Ghost
Train
659.20
20.00
679.20
319.99
90.00
70.00
-
68.40
548.39
130.81
Pressure
3,040.60
127.40
143.00
20.00
3,331.00
68.70
100.20
10.67
631.13
1,296.00
79.90
720.00
38.40
2,945.00
386.00
One Man
Two Guvnors
5,404.42
161.00
129.50
174.30
20.00
5,889.22
42.25
17.98
118.00
462.37
189.95
61.79
998.40
38.40
13.50
1,942.64
3,946.58
Life of Riley
4,127.56
139.10
244.50
150.90
20.00
4,682.06
77.51
230.66
118.00
277.51
148.39
662.40
62.40
1,576.87
3,105.19
All My Sons
4,058.45
103.10
192.50
114.00
20.00
4,488.05
47.87
23.27
105.00
290.88
43.19
100.95
720.00
48.00
18.00
1,397.16
3,090.89
Total
17,290.23
530.60
709.50
439.20
100.00
19,069.53
236.33
372.11
351.67
1,981.88
1,619.14
461.03
3,100.80
255.60
31.50
-
8,410.06
10,659.47

Farnworth Little Theatre Balance Sheet At 30th June 2022

2022 2022 2021 2021
Fixed Assets
Property 37,000.00 37,000.00
37,000.00 37,000.00
Current Assets
Debtors
Deposits and Cash 90,066.96 80,942.56
Debtors - 9,500.00
90,066.96 90,442.56
Current Liabilities
Creditors 1,907.79 1,921.79
1,907.79 1,921.79
Current Assets less Current Liabilities: 88,159.17 88,520.77
Total Assets less Current Liabilities: 125,159.17 125,520.77
Long Term Liabilities
Total Assets less Total Liabilities: 125,159.17 125,520.77
Capital & Reserves
Reserves 125,236.77 128,779.33
Youth Group 284.00 284.00
P & L Account ( 361.60 ) ( 3,542.56 )
125,159.17 125,520.77

Farnworth Little Theatre Registered Charity No 511428

Auditor’s Report to the Members and Trustees of Farnworth Little Theatre for the year ended 30th June 2022

I have reviewed the accounts on a prima facie basis from the invoices, bank statements, Nominal Activity Lists, Profit and Loss Account and Balance Sheet provided to me by the Honorary Treasurer.

These include the following accounts:

I have not carried out a full financial audit and have not confirmed that the amounts are correctly attributed to each category, but I have undertaken the following checks:

  1. Checked the debits and credits in the Nominal Activity lists to the debits and credits in the bank statements for the Current account, the Bar account and the Deposit account.

  2. Checked that there are invoices to match the majority of the debit items in the Nominal Activity lists for the Current account and the Bar account. Where there are no invoices, I have checked the amounts debited are consistent with expected expenditure.

  3. Undertaken a visual check of the items in the Nominal Activity lists for the three Petty Cash accounts to ensure they are reasonable and consistent with expected expenditure. I have also checked that the cash amounts paid into the bank appear on the bank statements.

  4. Checked that the difference between the opening and closing bank and cash balances is equal to the net loss of £361.60 shown in the Profit & Loss account.

Following these checks, I concur that the income and expenditure shown in the Profit & Loss Account tallies with the bank statements and the Nominal Activity lists, that the Balance Sheet figures are correct and that the net loss for the year of £361.60 is correct.

Congratulations again on maintaining such a strong financial base in these difficult times!

Steven Benson Hon Auditor