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|||Page|
|---|---|---|
|Company<br>Information|||
|Report ofthe Directors||2-7|
|Report ofthe Independent<br>Auditors||8-10|
|Statement of Financial Activities -|Charity||
|Statement of Financial Activities -|Group|12|
|Balance Sheet||13|
|Notes to the Financial Statements||14-23|
|The following<br>is not part ofthe statutory||financial statements|
|Detailed<br>Income and Expenditure|Analysis|24-25|





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||||||||CHARITY|CHARITY|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||Funds|Funds|Funds|Funds|
||||||2021|2021|2021|2020|
|||||Note|E||6|6|
|Incoming Resources from|generated||funds||||||
|Voluntary<br>income|||||||||
|Grants received|||||251,327|1,293,097|1,544,424|553,607|
|Intangible<br>income —rent free||use ofpremises|||110,500||110,500|110,500|
|Investment<br>Income|||||||||
|Bank interest|||||10||10|88|
|GIR aid from subsidiary|||||66,206||66,206|260,293|
|Incoming Resources from|Charitable||||||||
|Activities|||||||||
|Box Office (charitable<br>trading||income)|||27,398||27,398|618,277|
|Other income from operating||activities|||147,144||147,144|106,826|
|Total Incoming<br>Resources|||||602 585|1,293,097|1 895,682|1 649 591|
|Resources Expended|||||||||
|Costs ofgenerating<br>funds<br>Premises costs —intangible|||||110,500||110,500|110,500|
|Cost ofCharitable<br>activities|||||||||
|Live performance<br>and education||||||||97,161|
|Film hire|||||18,184|420|18,604|212,630|
|Wages, salaries and Social Security|||||329,968|491,440|821,408|710,351|
|Project management|||||(489,464)|489,464|||
|Marketing<br>and publicity|||||30,397|104|30,501|74,575|
|Premises costs —Centre|||||85,802|10,000|95,802|144,353|
|Depreciation|||||28,766|2,255|31,021|38,309|
|Irrecoverable<br>debt|||||||||
|Supplies and services<br>Governance<br>costs|||||169,633<br>4,511|10,372|180,005<br>4,511|176,020<br>4,512|
|Total resources expended|||||288,297|1,004,055|1 292,352|1,568,411|
|Net (outgoing)/incoming|Resources||||314,288|289,042|603,330|81,180|
|Transfers||||12|||||
|Net Movement<br>on Funds|||||314,288|289,042|603,330|81,180|
|Total funds brought<br>forward|||||295,425|272,953|568,378|487,198|
|Total funds carried forward||||14|609,713|561,995|1,171,708|568,378|





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|||||||||GROUP|GROUP|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted||Total|Total|
||||||Funds|Funds||Funds|Funds|
||||||2021|2021||2021|2020|
|||||Note||E||E|f|
|Incoming Resources from|generated||funds|||||||
|Voluntary<br>Income||||||||||
|Grants received|||||251,327|1,293,097||1,544,424|553,607|
|Intangible<br>income —rent free||use ofpremises|||110,500|||110,500|110,500|
|Investment<br>Income|||||10|||10|88|
|Activities for Generating<br>Funds||||||||||
|Income oftrading<br>subsidiary|||||135,568|||135,568|812,575|
|Incoming Resources from|Charitable|||||||||
|Activities||||||||||
|Box Office (charitable<br>trading||income)|||27,398|||27,398|618,277|
|Other income from operating||activities|||138,612|||138,612|98,294|
|Total Incoming<br>Resources|||||663415|1293|097|1,956,512|2,193,341|
|Resources Expended||||||||||
|Costs ofgenerating<br>funds||||||||||
|Trading<br>subsidiary<br>cost ofsales|||||35,713|||35,713|428,632|
|Trading<br>subsidiary<br>overhead||costs|||24,256|||24,256|113,092|
|Premises costs —intangible|||||110,500|||110,500|110,500|
|Cost ofCharitable<br>acfhrlties||||||||||
|Live performance<br>and education|||||||||97,161|
|Film hire|||||18,184||420|18,604|212,630|
|Wages, salaries and Social Security|||||329,968|491,440||821,408|710,351|
|Project management|||||(489,464)|489,464||||
|Marketing<br>and publicity|||||30,397||104|30,501|74,575|
|Premises costs —Centre|||||85,802|10,000||95,802|144,353|
|Depreciation|||||33,394|2,255||35,649|43,163|
|Irrecoverable<br>debt||||||||||
|Supplies and services|||||169,633|10,372||180,005|176,020|
|Governance<br>costs|||||4,511|||4,511|4,512|
|Total resources expended|||||352,894|1,004,055||1,356,949|2,114,989|
|Net (outgoing)/incoming|Resources||||310,521|289,042||599,563|78,352|
|Transfers||||12||||||
|Net Movement<br>on Funds|||||310,521|289,042||599,563|78,352|
|Total funds brought forward|||||306,778|272,953||579,731|501,379|
|Total funds carried forward||||14|617,299|561,995||1,179,294|579,731|
|All incoming resources<br>and resources expended||||dedive from|continuing<br>activities.|||||








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|Tangible Fixed Assets||||||
|---|---|---|---|---|---|
|Fixed Assets are stated at cost less depreciation.|Depreciation|is provided|at the following|annual|rates|
|in order to write offeach asset over its estimated|useful<br>life:|||||
|Theatre Equipment<br>-<br>20% on|cost|||||
|Office and IT Equipment<br>-<br>20%/33.3%/50% on cost||||||
|Catering<br>Equipment<br>-<br>20% on|cost|||||



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|||CHARITY|CHARITY||GROUP|GROUP||
|---|---|---|---|---|---|---|---|
|||31March|31|March|31 March|31|March|
|||2021<br>f|2020<br>f||2021||2020<br>f|
|Wages and salaries||759,471|644,410||759,471||644,410|
|Social Security|costs|30,220||39,270|30,220||39,270|
|Pension contributions||31,717||26,671|31,717||26,671|
|Direct Wages|ofsubsidiary|||||||
|company|||||20,403||182,763|
|Administrative|salaries ofsubsidiary|||||||
|company|||||18,486||92,398|
|||821,408|710,351||860,297||985512|



|e average|monthly<br>number<br>o|f FTEemployees<br>during th|f FTEemployees<br>during th|e year wa|s as follows:|s as follows:||
|---|---|---|---|---|---|---|---|
|||CHARITY|||GROUP|||
|||31 March|31|March|31 March|31|March|
|||2021<br>f|2020<br>f||2021<br>f||2020<br>f|
|Charitable|Activities|37||30|37||30|
|Generating|Funds||||5||19|
|||37||30|42||49|



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|NGIBLE FIXEDASSETS|||||||
|---|---|---|---|---|---|---|
|||||||CHARITY|
||2020 Project<br>Costs<br>f|Theatre<br>Equipment<br>f|Catering<br>Equipment<br>f|Office & IT<br>Equipment<br>f||Totals<br>f|
|COST OR VALUATION. '|||||||
|At 1 April 2020|374,788|523,417||118,103||1,016,308|
|Additions|405,706|||||405,706|
|Disposal|||||||
|At 31 March 2021|780494|523,417||118103||1,422 014|
|DEPRECIATION:|||||||
|At 1 April 2020||437,731||108,647||546,378|
|Charge for year||25,755|||5,266|31,021|
|Charge on disposals|||||||
|At 31 March 2021||463,486||113,913||577,399|
|NET BOOK VALUE:|||||||
|At 31 March 2021|780,494|59931|||4 190|844,615|
|At 31 March 2020|374,788|85686|||9456|469,930|
|||||||GROUP|
||2020 Project<br>Costs|Theatre<br>Equipment|Catering<br>Equipment<br>f|Office &IT<br>Equipment<br>f||Totals<br>f|
|COST OR VALUATION:|||||||
|At 1 April 2020|374,788|523,417|79,042|118,103||1,095,350|
|Additions|405,706|||||405,706|
|Disposal|||||||
|At 31 March 2021|780,494|523417|79,042|118,103||1 501 056|
|DEPRECIATION:|||||||
|At 1 April 2020||437,731|66,831|108,647||613,209|
|Charge for year||25,755|4,628||5,266|35,649|
|Charge on disposals|||||||
|At 31 March 2021||463,486|71 459|113,913||648 858|
|NET BOOK VALUE:|||||||
|At 31 March 2021|780.494|59.931|7,583||4 190|852,198|
|At 31 March 2020|374,788|85,686|12211||9456|482,141|





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|EBTORS|:AMOUNTS|<br>F|ALLING D|UE WITHIN ONE YEAR|UE WITHIN ONE YEAR|UE WITHIN ONE YEAR||||
|---|---|---|---|---|---|---|---|---|---|
|||||CHARITY|||GROUP|||
|||||31March|31March||31 Starch|31March||
|||||2021||2020|2021||2020|
|||||E||E|E||E|
|Trade, grant and agents|||debtors|5,126||29,657|63,466||38,807|
|Due from|subsidiary|company||103,112||5,463||||
|VAT||||68,067|||59,685|||
|Prepayments<br>and other|||debtors|98,191||17,100|98,731||17,324|
|||||274,496||52,220|221,882||56,131|
|REDITOR|S: AMOUNTS||FALLING|DUE WITHIN ONE YEAR||||||
|||||CHARITY|||GROUP|||
|||||31March|31 March||31 March|31March||
|||||2021<br>f|2020<br>E||2021<br>f|2020<br>E||
|Trade creditors||||41,921||59,758|41,623||67,827|
|Amounts|owed to subsidiary|||||||||
|company||||||||||
|Other creditors||||38,335||1,515|38,335||9,833|
|VAT||||||4,697|||4,697|
|Social Security and||other taxes||18,733||23,194|18,733||62,420|
|Hire purchase||||14,307||13,153|14,307||13,153|
|Deferred|income (Note 10)|||1,130||37,430|1,130||37,430|
|Bank Loan (CBILS)||||37,500|||37,500|||
|Accrued|expenses|||38,709||67,633|46,772||67,633|
|||||190,635|207,380||198,400|262,993||
|REDITO|RS: AMOUNTS||FALLING|DUE IN OVER ONE||YEAR||||
|||||CHARITY|||GROUP|||
|||||31 March|31|March|31 March|31|March|
|||||2021|2020||2021|2020||
|||||||E|E||6|
|Bank Loan (CBILS)||||212,500|||212,500|||
|Hire purchase||||1,431||14,421|1,431||14,421|
|||||213,931||14,421|213,931||14,421|



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|||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||31 March|31 March|31 March|31 March|
|||||||2021|2021|2021|2020|
|||||||6|6||6|
|Incoming resources||from generated|||funds|||||
|Grants received/receivable||||||||||
|FHCE|||||||23,320|23,320|12,600|
|Film Hub Midlands|||||||1,000|1,000||
|LLEP||||||||||
|National<br>Lottery|||||||(3,350)|(3,350)|9,750|
|Leicester City Council||||||215,370||215,370|215,370|
|Leicester City Council Recovery||||&|Support|31,457||31,457||
|DMU Digital Growth|||||||||10,833|
|Carbon Trust||||||||||
|HMRC CJRS|||||||437,777|437,777||
|Arts Council England|||||||410,300|410,300||
|BFIGrant|||||||337,310|337,310|214,400|
|ACE NPO Funding|||||||85,740|85,740|83,880|
|Other grants||||||4,500|1 000|5,500|6,774|
|Total grants||||||251,327|1 293097|1,544,424|553,607|
|Intangible<br>income|—rent free use||||of premises|110,500||110,500|110,500|
|Incoming resources||from charitable|||acti sties|||||
|Box Office||||||19,954||19,954|589,549|
|Education events||||||7,444||7,444|28,728|
|Total box office||||||27,398||27,398|618,277|
|Otherincome<br>from|operating||activities|||||||
|Screen advertising||||||148||148|29,596|
|Management<br>Service Level|||Agreements|||48,448||48,448|57,358|
|Donations||||||17,175||17,175|16,456|
|Sundry income||||||81,373||81,373|3,416|
|Total other||||||147,144||147,144|106,826|
|lnvestmentincome||||||||||
|Bank interest||||||10||10|88|
|Gift aid from subsidiary|||||||||260 293|
|Total investment|income|||||10||10|260,381|
|Total incoming<br>resources||||||536,379|1,293,097|1,829,476|1,649,591|





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||||Unrestricted|Restricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||31 March|31 March||31 March|31 March|
||||2021f|2021<br>6||2021|2020|
|Travel and subsistence|||153|||153|7,034|
|Training|||1,155|||1,155|1,170|
|Recruitment|||||||600|
|Telephone<br>&broadband|||14,245||248|14,493|15,848|
|Office equipment,<br>hire ofequipment||and||||||
|premises expenses|||3,047|||3,047|1,740|
|IT Costs|||45,366|||45,366|46,745|
|Postage and stationery|||273||2|275|3,807|
|Bank and PDQ charges|||4,173||122|4,295|17,286|
|Hire purchase<br>interest|||1,679|||1,679|2,286|
|Licences, memberships|and running|costs|3,608|||3,608|8,663|
|Insurance|||20,043|||20,043|17,284|
|Accountancy<br>Legal and Professional|fees||48,391<br>27,500|10,000||48,391<br>37,500|53,040<br>517|
||||169633|10|372|180005|176,020|



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|||||Unrestricted|Restricted|Tots I|Tote I|
|---|---|---|---|---|---|---|---|
|||||31 March|31 March|31 March|31 March|
|||||2021|2021|2021|2020|
|||||6||E||
|Audit|and|accountancy|fees|4,511||4,511|4,512|
|Legal|and|consultancy||||||
|||||4,511||4 511|4,512|