Bruiser Theatre Company
Statement of Financial Activities for the Year Ended 31 March 2023
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestricted
funds
Reslricted
funds
Total
2023
Total
2022
Nole
Ineome and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
110
31.969
229,935
108
261,904
108
119,892
6,661
Total Income
31,969
230,04)
262,012
126,663
Expenditure on:
Raising funds
Charitable activities
(64)
{14,J02)
(9 133)
(185,804)
(2,197)
(200.106)
(1,150)
(129,145)
Total Expenditure
(14,J66)
(187.937)
{202,J03)
(130,295)
Net incomel(expenditure}
Transfers between funds
42,106
86
59,709
(J,632)
(86)
Net movement in funds
17.517
42,192
59,709
(3,632)
Reconciliation of funds
Total funds brought forward
87,597
1 ?4,861
128,492
Total funds carried forward
15
105,114
79,456
Unrestricted
funds
184,570
Restricted
funds
124,860
Total
2022
Note
Ineome and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
iio
110
8,850
111,042
6.661
119,892
6,661
Total Income
8.850
117,813
126,663
Expendilure on:
Raising funds
Charitable activitie5
{1,150)
{123,248)
(1,150)
{129,145)
(5.897)
Total Expenditure
(5,897)
{124.J98)
{130,295)
Net incomel(expenditure}
(6.585)
(J,6J2)
Net movement in funds
2,953
{6,585)
(3,632)
Reconeiliation of funds
Total funds brought fon¥ard
84,fv13
43,849
128,492
Total funds carried forward
15
87,596
i7,264
124,860
All of the charity's activities derive from continuing operations during the above two periods.
Page21

Bruiser Theatre Company
Statement of Financial Activities for the Year Ended 31 March 2023
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
The funds breakdown for 202J & 2022 is shown in nole 15.
Page 22

Bruiser Theatre Company
(Registration number: N1601058)
Balance Sheet as at 31 March 2023
2023
2022
Note
Fixed assels
Tangible assets
19,075
24,013
Current assets
Debtors
Cash at bank and in hand
12
6.664
171,639
6,858
120,066
178,303
126,924
Creditors: Amounts falling due within one year
(12,808)
(26,077)
Net current assets
165,495
100,847
Net assets
184,570
124,860
Funds of the charity:
Restricted funds
79,456
37,2fv1
Unrestricted income funds
Unrestricted funds
Designated Funds
17,117
70,479
70,479
Total unrestricted funds
105,114
87,596
Total funds
15
184,570
124,860
For the financial year ending ) l March 202) the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not required the charity to obtsin an audit of its accounts for the year in question in
accordance with section 476- and
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect
to accounting records and the preparalion of accounls.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the
small companies regime.
The financial statements on pages 21 to JJ were approved by the trustees, and authorised for issue on 13
December 2023 and signed on their behalf by-.
JfjsyL
Mr Joseph Rea
Trustee
Page 2)

Bruiser Theatre Company
Notes to the Financial Statements for the Year Ended 31 March 2023
I Charity status
The charity is a charity limited b). guardntee and consequently does not have share capital. Each of the trustees
is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation.
Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the charity in the
event of liquidation.
2 Accounting policies
Summary ofsignificant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial Statements are set out below.
These policie5 have been consistently applied to all the years presente(L unle55 Otherwise Stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Practice applicable io charilies preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January
2015) - (Chariiies SORP {FRS 102)). the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) and the Companies Act 2006.
Basis of preparalion
Bruiser Theatre Company meets the definilion of a public benefit entity under FRS 102. Assets and liabilities
are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting
policy notes.
Going concern
The financlal statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material
uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to
continue as a going concern. The trustees make this assessment in respect of a period of one year from the date
of approval of the financial statements.
The Trustees are aware that the Charity has 105t its main funding. but remain hopeful that steps can be taken to
ensure the organsiation continues with its activitie5. Steps have been taken by the Trustees to reduce
non-essential costs to allow the Charity to regroup and source alternative funding.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin I published on 2 February 2016 and have therefore not included a cash
flow statement in these financial staiements.
Income and endowments
All income is recognised once ihe charity has eniiilement io the income. it is probable that the income will be
received and the amount of ihe income receivable can be MeasU￿d reliably.
Page 24

Bruiser Theatre Company
Notes to the Financial Statements for the Year Ended 31 March 2023
Donations ond legacie5
Donations are recognised ￿'hen ihe charity has been noiified in writing of both the amount and settlement date.
In the event that a donation is subject to conditions thai require a level of perforn)ance by the charity before the
charity is eniitled to the funds. the income is deferred and not recognised until either those conditions are fully
met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these
conditions will be fulfilled in the reporting period.
Expendilure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading that aggregale similar costs to that calegory. Where costs cannot be directly attributed to
particular headings they have been allocated on a basis consistent with the use of resources, with central staff
costs allocated on the basis of time spent. and depreciation charges allocated on the portion of the asset's use.
Other support costs are allocated based on the spread of staff costs.
Raisingfunds
These are costs incurred in attracting voluntary income. the management of investments and those incurred in
trading activities that raise funds.
Charilable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services
for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an
indirect nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent
with the use of resources. for example, allocating property costs by floor areas, or per capita. staff costs by the
time spent and other costs by their usage.
Governance costs
These include the costs attributable to the charity's coTnpliance ￿1th constitutional and statutory requirements,
including audiL strategic managetnent and trustees s meetings and reimbursed expense5.
Taxation
The charity is considered to pa55 the tests set out in Paragrdph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corpordtion tax purpose5. Accordingly, the
charity is potentially exempt from taxation in respe¢i of income or capital gains received within categories
covered by Chapter ) Part I l of the Corporaiion Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, to the exteni that such income or gains are applied eiclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £0.00 or more are initially recorded at COSL less any subsequent accumulated
depreciation and subsequent accumulated impainnent losses.
Deprecialion and amortisation
Depreciation is provided on tangible flxed assets so as to write off the cost or valuation, less any estimated
residual value, over their expected useful economic life as folloii'.s:
Page 25

Bruiser Theatre Company
Notes to the Financial Statements for the Year Ended 31 March 2023
A55et class
Office Equipment
Depreciation tnethod and rate
200/0 Straight Line
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services perfonned in the ordinary
course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost
using the effective interest method, less provision for impainnent. A provision for the impairnient of trade
debtors is established when there is objective evidence that the charity will not be able to collect all amounts due
according to the original tenns of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call dep051ts, and other short-term hig￿lY liquid
investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of
change in value.
Trade creditors
Trade creditors are obligations to pay for good5 or Services that have been acquired IT] the Ordinary course of
business from suppliers. Accounts payable are cla55ified as cu￿ent liabilities if the charity doe5 not have an
unconditional right, at the end of the reporting period. to defer settlement of the creditor for at least twelve
months after the reporting date. If there is an uncondilional riJo It to defer settlement for at least twelve months
after the reporting date. they are presented as non-curreni liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost
using the effective interest method.
Borrowings
Interest-bearing borrow'ings are initially recorded at fair value, net of transaction costs. Interest-bearing
borrowings are subsequently carried at amortised cost. with the dlfference between the proceeds. iiet of
transaction costs, and the amount due on redemption being recognlsed as a charge to the Statement of FIn￿]cIal
Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable
and similar charges.
Borrom'ings are classified as current liabilities unless the charity has an unconditional right to defer settlement of
the liabilit), for at least twelve months after the reporting date.
Fund structure
Unrestricted income funds are general fund5 that are available lor use at the t￿Stees,5 discretion in furtherance
of the objective5 of the charity.
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trllstees.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which
is restricted to that area or purpose.
Page 26

Bruiser Theatre Company
Notes to the Financial Statements for the Year Ended 31 March 2023
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual
provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of
the charity after deducting all of its liabilities.
Recognilion and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except
for those financial assets classified as at fair value through profit or loss. which are initially measured at fair
value (which is normally the transaction price eNcluding transaction costs). unless the arrangement constitutes a
financing transaction. Lf an arrangement constitute5 a financing transaction, the financial asset or financial
liability is measured at the present value of the future pavments discounted at a market rate of interest for a
similar debt instrument.
Financial assets and liabilitie5 are only offset in the statement of financial p051tion when, and only when there
exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a
net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the
financial asset expire or are settle(L b) the charity transfers to another party substanlially all of the risks and
rew'ards of oTh'nership of the financial asset, or c) the charity. despite having retained some, but not all,
significant risks and rew'ards of 0￿.nershIp, h&s trdnsferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled
or expires.
Fair value measuremenl
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices
are unavailable. the price of a recent transaction for an identical asset provides evidence of fair value as long as
there has not been a significant change in economic circumstances or a significant lapse of time since the
transaction took place. If the market is nol active and recent transactions of an identical asset oi) their own are
not a good estimate of fair value, the fair value is estimated by using a valuation technique.
3 Income from donations and legacies
Total
2023
Total
2022
Donations and legacies.
Donations from individuals
110
110
Page 27

Bruiser Theatre Company
Notes to the Financial Statements for the Year Ended 31 March 2023
4 Income from charitable activities
Unrestricted
funds
Restricted
funds
Total
2023
Total
2022
General
Charilable Activities
Box Office & programme sales
17,957
14,012
197,550
215,507
46,397
95,482
24,410
?29,9J5
261,904
119,892
5 Expenditure on raising funds
a) Costs of generating donatlODs and legacies
Unrestricted
funds
Restricted
funds
Tot21
2023
Total
2022
General
Note
Marketing and publicity
2.133
2.197
1,150
Total
2023
6 Expenditure on charitable activities
Unrestricted
funds
Restricted
funds
Total
2023
Total
2022
General
Note
Box Office &
programme sales
Staff costs
Allocated support costs
Governance costs
14,261
50,579
105,611
64,840
105,611
26,424
60,785
45,257
20,268
2,835
41
185,804
200,106
129,145
Page 28

Bruiser Theatre Company
Notes to the Financial Statements for the Year Ended 31 March 2023
7 Analysis of governance and support Costs
Charitable activities expendilure
Restricted
funds
Total
2023
Total
2022
Basis of
allocatio
Rent & Rates
Telephone & Inten)et
Printing, Postage & Stationery
Legal & Professional
Insurance
Access Nl
Membership & Subscriptions
Software & IT Costs
Depreciation
Staff Welfare
Bank Charges
Advertising
Travel costs
Sundry Expenses
Repairs & Maintenance
6.965
.419
281
2.000
,974
41
6,965
1,419
?81
2,000
,974
41
3,540
1,286
2,025
2,682
1,527
180
2,08)
7.500
272
(69)
1,115
1,669
180
2,083
7,500
272
280
1,438
6,988
285
217
(69)
1,115
1,669
951
951
26.424
26,424
20,268
Governance costs
Restricted
funds
Total
2023
Total
2022
Independent examiner fees
Examination of the financial slalements
2,835
2,835
Page 29

Bruiser Theatre Company
Notes to the Financial Statements for the Year Ended 31 March 2023
8 Staff costs
The aggregate payroll cosls were as follows.-
2023
2022
Staff cosls during the year were:
Wages and salaries
Social security costs
Pension costs
98,980
4,204
2.427
44,089
1,168
105,611
45,257
The monihly average number of persons (including senior management team) employed by the charity during
the year expressed as full time equivalents was as folloH's=
2023
2022
Staff
No employee received emoluments of more than £60,000 during the year.
9 Independent examiner's reTnuneratioD
2023
2022
Examination of the financial statements
2,835
Page )0

Bruiser Theatre Company
Notes to the Financial Statements for the Year Ended 31 March 2023
10 Taxation
The charity is a registered charity and is therefore exempt from tsxation.
I l Tangible fixed assets
Furnilure and
equipment
Total
Cost
At l April ?022
Additions
i5.178
2.562
35,178
2.562
At J l March 2023
Depreciation
At l April 2022
Charge for the year
11,165
7,500
11,165
7,500
At 31 March 202J
18,665
18,665
Net book value
At J l March 2023
19,075
19,075
At J l March 2022
24,013
24,013
12 Debtors
2023
2022
Trade debtors
Prepayments
5,66)
1,001
5,455
6,664
6,858
13 Creditors: amounts falling due within one year
2023
2022
Trade creditors
Other taxation and S￿la[ security
Other creditors
2,104
2,467
3,952
12,808
26,077
Page)I

Bruiser Theatre Company
Notes to the Financial Statements for the Year Ended 31 March 2023
14 Pension and other 5cheme5
Defjned contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents
contributions payable by the charity to the scheme and amounted to £2.427 (2022 - £1,168).
15 Funds
Balance at
31 March
2023
Balance at I
April 2022
Incoming
resour¢es
Resources
expended
Transfers
Unrestricted funds
General
{17,118)
()1,969)
14,366
86
(34,635)
Designated
{70,479)
(70,479)
Total unrestricled funds
{87,597)
(J1,969)
86
(105,114)
Restricted funds
{J7,?61)
(230.04J)
187,937
(86)
(79,456)
Total funds
(1?4.861)
(?6? 012)
202,30J
{184,570)
Balance at
31 March
2022
Balance at I
April 2021
Incoming
resources
Resources
expended
Transfers
Unrestricted funds
General
{84,643)
(8.850)
5,897
70,479
(17,117)
Designated
(70,479)
(70,479)
Total unrestricled funds
{84,64))
(8,850)
5,897
(87,596)
Restricted funds
(43,849)
(117.813)
124,398
(37,2fv1)
Total funds
(128.492)
(126.66))
1)0.295
{124,860)
16 Analysis of net assets between funds
Page )2

Bruiser Theatre Company
Notes to the Financial Statements for the Year Ended 31 March 2023
Unrestricted fuDds
Restricled
funds
General
Designated
Total funds
Tangible fixed assets
Current assets
Current liabilities
2.174
45,270
(1? 808)
16,901
62,554
19,075
178,30J
(1? 808)
70,479
Total net assets
70,479
79,455
184,570
17 Analysis of net funds
At31 March
2023
At l April 2022 Cash flow
Cash at bank and in hand
120,066
51,573
171,639
Net debt
120.066
51,573
171,6J9
Page ))