Wakefield Little Theatre – FY2022
Treasurers Report
Financial Year: Apr 1[st] 2022 to Mar 31[st] 2023
Author(s):
Malcolm Trigg (Treasurer)
AGM Date: 25[th] July 2023
1 Treasurers Comments
Before we begin let me start by thanking everyone for their contribution to Wakefield Little Theatre this year.
This report shows the detail behind the headline figure of a reported loss of £2,214.43 for the financial year from the 1[st] of April 2022 to the 31st of March 2023.
As the rest of the report will show the loss is due to the flat refurbishment (£9,561.58).
The remainder of the report will detail where the monies came from and what expenses we had.
2 Productions
This year we had three productions (1) Walter Ego, (2) Brassed Off and (3) Magic Snowman.
The profit and loss status of each of these productions is shown below:
The loss shown for Walter Ego in the accounts is £376.46 however the actual loss was £689.53 due to some expenses being incurred in the previous financial year.
Financial Year 2022 – Treasurers Report
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Wakefield Little Theatre – FY2022
The profit of £11,042.03 is how it appears in this year’s accounts – the actual profit was $10,202.03 due to some expenses being incurred in the previous financial year.
Total for the three productions are:
Walter Ego £376.46 loss Brassed Off £11,042.03 Profit Magic Snowman £1,960.78 Profit Total Profit £12,626.35
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Wakefield Little Theatre – FY2022
3 Fundraising Events
The result of the two fundraising events is:
Halloween Party £88.76 Loss Street Fayre £821.00 Profit Total Profit £732.24 Profit
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Wakefield Little Theatre – FY2022
4 Kay Cottage
There are two sides to Kay Cottage (1) the full refurbishment of the flat and (2) Kay Cottage rental income.
This isn’t the final total as some of the refurbishment costs are in FY2023. An additional £5,852.20 is in FY2023. The total cost of the refurbishment is £15,413.78. However the rent has increased from £400 pcm to £650 pcm.
The losses were due to having to pay back the tenant’s deposit, pay for gas (rebate in FY2023), council tax and Richard Kendalls initial fees.
So, in FY2022 Kay Cottage cost WLT £11,668.14
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Wakefield Little Theatre – FY2022
5 Holdsworth Hall
This section contains details of income/expenditure for Holdsworth Hall.
The INSURANCE is for public liability and building/landlords insurance. The Other category contains storage boxes and key cutting.
6 Other Costs
This section contains everything that has not been included in the income/expenses categories in the previous sections.
The transport costs is mainly made up of insurance excess on hire van that was damaged.
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Wakefield Little Theatre - FY2022 Summary Summary for FY2022 INCOME EXPENSES Brassed Off Magic Snowman Horbury Fayre £11,042.03 £I,9f.78 £821.¢XI Walter Ego Halloween Party Kay Cotta8e Refurb Kay Cottage Holdsworth Hall Miscellaneous £376.46 £88.76 £9,561.58 £2.106.56 £2.150.08 £1,754.80 TOTALS £13,823.81 £16,038.24 Prof itlLoss -£2,214.43 Opening Balance £15,083.31 BIF Balance £12,868.88 Financial Year 2022- Treasurers Report
Wakefield Little Theatre - FY2022 7.1 SUMMARY OF ALL CATEGORIES Statement - 31st March 2023 (Year End) Which quarters? ALL INCOME EXPENSES Deposit account BIF 8ank account B/F Cash In hand BIF PROPS VAN-HIRE SET KAY-COTTAGE PREMISES £126.45 £140.00 £947.29 £14,918.14 £1,077.73 £96.00 £15,083.31 £o.cK) TOTAL AMOUMt BIF £15.083.31 THEATRE-HIRE KAY-COftAGE FUND-RAISING £3.250.00 £821.00 OTHER PERF-RIGHts £2.816.50 £460.00 MEMBERSHIP £290.00 INSURANCE £1.072.35 £244.76 £2.518.28 £9.59 SOCIAL PROGRAMME £156.00 £450.00 SOCIAL TRANSPORT THEATRE £26,526.85 £3,142.70 £71.(Xl WEBSITE TICKEts RAFFLE COSTUMES REFRESHMENTS £205.86 £191.54 REFRESHMEWts £212.00 LIGHTING £250.00 OTHER £18.(K) PUBLICITY PROGRAMME SOUND PRESENTS THEATRE RAFFLE VENUE £227.10 £564.31 £12.48 £228.80 £10,591.34 £15.96 £437.50 TOTAL INCOME £34,937.55 TOTAL EXPENDITURE £37,151.98 CALCULATED PROFIT BIF BAL -£2.214.43 £15.083.31 Deposit CIF Bank CIF Cash CIF £0.00 £12.379.12 £489.76 CALCULATED CIF BAL £12.868.88 TOTAL £12.868.88 Financial Year 2022- Treasurers Report