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2022-03-31-accounts

EXIT DOES THEATRE ANNUAL MONITORING RETURN 2021-22

Charities Commission Northern Ireland Annual Monitoring Return for period 1 April 2021 to 31 March 2022.

1. ACHIEVEMENTS & PERFORMANCE

The period under review coincided with the impact of Covid 19, which took effect at the start of the previous accounting period. Subsequent Lockdowns and restrictions had a substantial effect on the charities’ activities, in that public performances could only be organised under Covid 19 restrictions, and the group were severely curtailed in how they could meet.

2. FINANCIAL REVIEW

2.1 Financial Performance

Due to the onset of Covid 19 and subsequent restrictions, it was not possible for the group to carry on its normal program of work and performances.

2.2 Income & Expenditure

Northern Ireland / First Trust

ITEM INCOME TOTAL
Opening balance 157.58 157.58
Donations 227.19 227.19
TOTAL £384.77 £384.77
ITEM EXPENDITURE TOTAL
Accountancy 180.00 180.00
Bank Fees 63.29 63.29
Bank Balance 141.48 141.48
TOTAL £384.77 £384.77

Republic of Ireland / Credit Union

Republic of Ireland / Credit Union
ITEM INCOME TOTAL
TOTAL €0.00
ITEM EXPENDITURE TOTAL
Bank Balance 3.07
TOTAL €3.07

2.3 Financial Management and Reserves Policies

Exit Does Theatre has a Financial Management Policy which meets the requirements of the Charities Act 2011, the Charity Commission guidelines ‘Internal Financial Controls for Charities’ and the accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.

3. Accounts for the Year ended March 31[st] 2022

See attached

4. Administrative Details

Charity Name: Exit Does Theatre

Charity Number Registered Charity in Northern Ireland: NIC 101089 Principal Address: 202 Gardiners Cross Rd, Modeenagh, Tempo, Co. Fermanagh, BT94 3JN

Charity Trustees as of March 31st 2021:

  1. Janie Crone - Treasurer

  2. Diane Henshaw - Chair

  3. Helen Sharpe – Secretary

5. Structure, Governance, and Management

Exit Does Theatre is managed by an Executive Committee which consists of all the appointed

6. Objectives and Activities

Charitable Objects

The object of Exit Does Theatre as set out in our Constitution is are to advance education and promote arts and culture, in particular the performing arts, by:

7. Public Benefit Statement

The trustees of Exit Does Theatre confirm that they have complied with their duty under section 17 (5) of the Charities Act 2011 to have regard to the Charity Commission’s guidance on public benefit and that the public benefit requirement has informed the activities of the Society in the year to March 31[st] 2022