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|Reference and Administrative||Details|||||
|Trustees'
Report||||||2-11|
|Auditors'
Report||||||12-15|
|Statement
of Financial|Activities||(including|Income and Expenditure|Account)|16 —20|
|Balance Sheet||||||21|
|Cash Flow Statement||||||22|
|Notes to the Financial|Statements|||||23 - 34|
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|||||||||(Lim|(Lim|ited by Gu|arantee)|arantee)|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Statement|of|Pfnanclal
Acgvltles||(Including|Income snd Expenditure||Account)||
|||||||||for the year ended 31 March 2023|||||||
|||||||||||||Unrestricted|Restricted|2022|
|||||||||Unrestricted|Restricted||2023|funds|funds|Total|
|||||||||funds|funds||Total|(as restated)|(as restated)|(ss restated)|
|||||||Notes||2|||2|2|2|2|
|Income and|endowments|||fram:||2|||||||||
|Donations
and legacies
Charitable
actmlies|||- page 17-18|||||296,717|||296,717|341,663||341,063|
|Production/Creative|||I earning||- page|17 - 18||340,619||189,079|529,698|291,605|323,177|614,782|
|Investments||||||||2,459|||2,459|131||131|
|Other||||||||12,804|||12,804|7,925||7,925|
|Total||||||||652,599||189,079|84l,678|641,324|323,177|964,501|
|Expenditure|on:||||||||||||||
|Charitable
actMlies.|||||||||||||||
|Production/Creative|||Learning||-page|19||708,974||174,287|883,261|527,422|291,161|818,583|
|Other||||||4||6,300|||6,300|7,310||7,310|
|Total||||||||715,274||174,287|889,561|534,732|291,161|825,893|
|Net Income|/ (expenditure)|||||||(62,675)||14,792|(47,883)|106,592|32,016|138,608|
|Transfers
between
funds||||||15,16||56,201||(56,201)|||||
|Nst movement
In funds:||||||||(6,474)||(41,409)|(47,883)|106,592|32,016|138,608|
|Reconcgfallon
ot funds:|||||||||||||||
|Total funds|brought|forward||||||449,684|128,679||578.363|343,092|96,663|439,755|
|Total funds|carried forward|||||15,16||443,210||87,270|530,480|449,684|128,679|578,363|
##
##
|||||||||2022|
|---|---|---|---|---|---|---|---|---|
|||||||2023||(as restated)|
|Income trom donations||and legacies|||||||
|Grants|||||||||
|Arts Council England|||||||||
|ACE - NPO||||||221,452||221,452|
|Garfield Weston Foundation|||||25,000||25,000||
|London Borough of Tower||Hamlets|||38,213||88,045||
|||||||63,213||113,045|
|||||||284,665||334,497|
|Donations|||||||||
|Other||||||12,052||7,166|
|||||||296,717||341,663|
|Income from charitable||activities|||||||
|Production/Creative|Learning|||Income|||||
|In-house
productions||||||25,735||7,075|
|Box office||||||33,575||28,478|
|Youth Theatre fees||||||19,640||17,773|
|Careers
in Theatre fees||||||2,836||5,383|
|Co-production
fees||||||27,010||32,085|
|Exchange for Change||||||10,984||6,713|
|Half Moon Presents||||||36,848||51,038|
|Digital touring
/ on-demand||||||245||3,450|
|Creative Learning
additional|||projects|||57,727||61,901|
|LBTH — Education
SLA||||||5,000||5,167|
|LBTH - Youth services SLA||||||70,000||67,783|
|Equipment
/ space hire||||||9,096||3,472|
|Other income||||||41,923||1,287|
|||||||340,619||291,605|
|Project specific funding|||||||||
|Grants/Donations|||||||||
|Action for Bow||||||12,322||5,885|
|Access Media CIC||||||3,111||22,356|
|Aldgate
& Allhallows|Foundation|||||14,760|||
|Apples
& Pears Foundation||||||||746|
|Arts Council
England|- Capital|||Fund||||10,740|
|Arts Council
England|- Project|||Fund|17|||47,261|
##
|||||(Limited|by Guarantee)||
|---|---|---|---|---|---|---|
|ATG||||||9,685|
|Austin
8 Hope Pilkington|Trust||||1,000||
|Basket Makers Charitable||Trust||||1,000|
|BBCChildren
in Need|||||10,245|27,511|
|Buzzacott|||||1,250||
|Charles S French Charitable|||Trust|||2,500|
|Chapman
Charitable
Trust||||||2,000|
|Chartered
Secretaries
and||Administrators|||1,000|1,000|
|Charterhouse
in Southwark|||||1,500||
|Charterhouse
Trust||||||5,000|
|City Bridge Trust|||||2,302||
|Clarion Community
Grant||Award|||5,000|11,000|
|Co-operative
Local Charity||||||1,191|
|The Coin Trust|||||4,000|12,000|
|D C R Allen Charitable
Trust||||||4,000|
|Derek Shuttleworth
Educational||||Trust|3,000|6,000|
|East End Community
Foundation|||||6,570|6,153|
|Fitton Trust||||||600|
|Fund 4 Ruby||||||7,500|
|Garrick Charitable
Trust|||||2,500||
|Hadley Property Group||||||5,575|
|Harold
Hyam Wingate|||||5,000|5,000|
|Henry Smith Charity|||||35,933|11,690|
|Jack Petchey Foundation|||||16,942|7,798|
|Leche Trust|||||1,500||
|Leathersellers'
Charity||||||9,960|
|London Bridge Community||Fund||||2,000|
|M & G Prudential
Foundation||||||1,700|
|Merchant
Taylors Charity|||||7,040|7,040|
|Noel Coward
Foundation|||||2,000|2,000|
|National
Heritage
Lottery||||||30,701|
|Norton Rose Fulbright|||||1,800||
|Ocean Regeneration
Trust|||||3,071|6,480|
|Our Time||||||4,585|
|Prudential
Pic Small Donations||||Fund|1,500||
|Queen
Mary University
of|I|ondon|||6,000||
|RTR||||||5,540|
|Sheldon Trust|||||10,000||
|St Olave's and St Saviours||Foundation|||700|650|
|StJames Place Charitable||Foundation|||10,000|6,925|
|Schroder Charitable
Trust|||||5,000|4,000|
|Souter Charitable
Trust|||||3,000|2,000|
|Tesco Community
Fund||||||1,000|
|Theatre Passport grants|||||6,103|6,120|
|Tower Hamlets
Holiday
Hunger|||||3,930|3,855|
|Unity Theatre|||||1,000||
|Westfield East Bank Creatives||||||14,430|
||||||189,079|323,177|
##
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|||||||6|
|Expenditure|on charitable|||activities|||
|Production/Creative|||Learning costs||||
|Salaries|||||346,398|380,237|
|In-house
production|||||55,017|11,371|
|Co-production|||||24,663|14,038|
|Exchange for|Change||||40,416|81,333|
|Venue programming|||||36,959|23,763|
|Creative
Learning||programme|||155,528|171,899|
|Youth Theatre|||||53,221|48,813|
||||||712,202|731,454|
|Support costs|—page||20||163,559|83,879|
|Governance
costs||—page 20|||7,500|3,250|
||||||883,261|818,583|
##
|||||2023|||2022|
|---|---|---|---|---|---|---|---|
|Support and governance||costs||||||
|Office overheads||||||||
|Light/heat|||21,967|||9,031||
|Water|||345|||102||
|Telephone/fax|||2,731|||2,645||
|Insurance|||9,448|||8,762||
|Building
maintenance|||9,098|||13,119||
|Equipment
costs / maintenance|||22,517|||15,502||
|Website development|/ maintenance||3,026|||2,553||
|Cleaning|||2,237|||3,420||
|Depreciation|||59,811|||7,062||
||||||131,180|||
|Administration
costs||||||||
|Fees|||7,181|||1,000||
|Staff training|||1,675|||977||
|Travel/transport|||9,240|||5,359||
|Entertaining|||916|||618||
|Printing/postage/stationery|||972|||910||
|Marketing
/ audience|development||3,841|||3,826||
|Subscriptions/licences|||2,785|||3,280||
|Access / Board development|||370|||521||
|Sundries|||1,739|||1,943||
||||||28,719|||
|Professional/financial||||||||
|Bank charges|||2,217|||1,520||
|Box office fees|||1,443|||1,729||
||||||3,660|||
||||||163,559|||
|Governance costs||||||||
|Accountancy/consultancy||||||350||
|Audit|||7,500|||2,900||
||||||7,500|||
||||||171,059|||
##
##
||||||Balance Sheet|Balance Sheet|Balance Sheet||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||31 March|2023|||||||||
||||||||||||||2022||
|||||||2023||||||(as restated)|||
|||||Notes|6||||||2|||2|
|Fixed assets|||||||||||||||
|Tangible assets||||||||399,156||||||458,967|
|Current assets|||||||||||||||
|Debtors||||10|43,818||||||28,953||||
|Cash at bank and|in|hand|||260,112|||||283,437|||||
||||||303,930|||||312,390|||||
|Llablltles|||||||||||||||
|Creditors: amounts||falling|||||||||||||
|due within one year||||11|(172,606)|||||(104,115)|||||
|Net current assets||||||||131,324||||||208,275|
|Total assets less|current||||||||||||||
|liabilities||||||||530,480||||||667,242|
|Creditors: amounts||falling|due||||||||||||
|after more than|one year|||12||||||||||(88,879)|
|Net assets||||||||530,480||||||578,363|
|The funds ofthe|charity||||||||||||||
|Unrestricted
funds||||15|||||||||||
|—General
fund||||||||'112,089||||||130,136|
|- Designated
funds||||||||331,121||||||319,548|
|||||||||443,210||||||449,684|
|Restricted
funds||||16||||87,270||||||128,679|
|Total charity funds||||||||530,480||||||578,363|
|The trustees
have|prepared||these accounts||in accordance||with|section|398of the|Companies|||Act|2006 and|
|section 138of the|Charities||Act 2011.These||accounts are||prepared
in||accordance|with||the special|||
|provisions
of Part|15of the||Companies|Act relating to small companies|||||and constitute||the annual accounts||||
|required
by the Companies|||Act 2006 and are for circulation||||to members||of the company.||||||
##
##
|||||||2022|
|---|---|---|---|---|---|---|
||||||2023|(as restated)|
|||||Notes|2|2|
|Cash flows from operating
activities||||21|(10,601)|42,500|
|Cash flows from Investing
activities:|||||||
|Dividends,|interest and rents from|investments|||2,459|131|
|Purchase|of property,
plant and equipment|||||(12,146)|
|Net cash|provided
by investment|activities|||2,459|(12,015)|
|Repayments
of borrowing|||||(15,183)|(14,172)|
|Net cash|provided
by financing|activities|||15,183|14,172|
|Change
in|cash at bank and
in hand
in the||reporting|period|(23,325)|16,313|
|Cash at bank and in hand at the beginning|||of the reporting||||
|penodl|||||283,437|267,124|
|Cash at bank and in hand at the||end ofthe reporting|||||
|period|||||260,112|283,437|
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|Net income/(expenditure)|for the year Is|2023|2022|
|---|---|---|---|
|stated after charging:||||
|Depreciation
of tangible|fixed assets|59,811|7,062|
|Bank interest
payable||6,300|7,310|
|Auditors'
remuneration||||
|—external
audit||7,500|2,900|
|- other services|||350|
##
|The aggregated
amount
reimbursed
to trustees
duri|ng the year was anil (2022 —Roil).||
|---|---|---|
|Staff costs and numbers|2023|2022|
|Staff costs|||
|Salaries and wages|310,193|343,339|
|Social security costs|28,532|29,262|
|Pension costs|7,673|7,636|
||346,398|380,237|
##
|The average
numb
up as follows:|ers
of employees
(including
casu|al and part time staff) during
t|he ye|ar was ma|de|
|---|---|---|---|---|---|
|||2023||2022||
|||Number||Number||
|Production/Creative|Learning||||10|
|Support|||||1|
||||10|||
##
##
##
|Fixed assets - tangible assets|Freehold|Fixtures/|Office|Motor||
|---|---|---|---|---|---|
||land/|fittings/|equipment|vehicles|Total|
||buildings|equipment||||
|Cost||||||
|1 April 2022|432,853|65,672|29,506|14,440|542,471|
|Disposals||(39,716)|(29,506)||(69,222)|
|31 March 2023|432,853|25,956||14,440|473,249|
|Depreciation||||||
|1 April 2022||43,168|29,506|10,830|83,504|
|On disposals||(39,716)|(29,506)||(69,222)|
|Charge for year|49,712|6,489||3,610|59,811|
|31 March 2023|49,712|9,941||14,440|74,093|
|Net book values||||||
|31 March 2023|383,141|16,015|||399,156|
|31 March 2022|432,853|22,504||3,610|458,967|
##
|||||
|---|---|---|---|
|Debtors||2023|2022|
|Trade debtors||10,354|11,484|
|Other debtors|||17,469|
|Prepayments/accrued|income|33,464||
|||43,818|28,953|
##
##
##
|11.|Creditors: amounts|falling due|2023|2022|
|---|---|---|---|---|
||within one year|||(as restated)|
|||||2|
||Bank loan||88,879|15,183|
||Other taxation/social|security|17,755|15,622|
||Other creditors||8,652|10,644|
||Accruals||16,015||
||Deferred income (note 13)||41,305|62,666|
||||172,606|104,115|
|12.|Creditors: amounts|falling due|2023|2022|
||after more than one year||||
||Bank loan|||88,879|
##
|Deferred|Income||||
|---|---|---|---|---|
|Balance|at 1 April|2022||129,880|
|Prior year adjustment||||67,214|
|Balance|at 1 April|2022 (as restated)||62,666|
|Amount|released|to incoming|resources|(62,666)|
|Amount|deferred|in the year||41,305|
|Balance|at 31 March 2023|||41,305|
##
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##
##
|15.|Unrestricted|funds|Brought|Incoming|Outgoing|Transfers|Carried|
|---|---|---|---|---|---|---|---|
||||forward|resources|resources||forward|
||||||||2|
||General
fund||130,136|652,599|(715,274)|44,628|112,089|
||Designated|funds:||||||
||Capital
fund||249,548|||11,573|261,121|
||Operational|reserve|70,000||||70,000|
||||449,684|652,599|(715,274)|56,201|443,210|
##
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##
##
|Restricted funds|Restricted funds|Brought|Incoming|Outgoing|Transfers|Carried|
|---|---|---|---|---|---|---|
|||forward|resources|resources||forward|
|||2||2||6|
|Fixed assets||113,636|||(56,201)|57,435|
|Youth Theatre|||23,050|(23,050)|||
|Artistic Programme|||5,000|(5,000)|||
|Speech Bubbles|||3,833|(3,833)|||
|Careers|in Theatre|1,629|5,000|(6,629)|||
|ASCs|||55,617|(55,617)|||
|Creative|Play|4,243|24,456|(28,699)|||
|Summer|School|7,040|7,040|(7,040)||7,040|
|Trainees|||12,500|(5,173)||7,327|
|Bursaries|||18,613|(18,613)|||
|Other||2,131|33,970|(20,633)||15,468|
|||128,679|189,079|(174,287)|(56,201)|87,270|
##
|Freehold
land and buildings|33,141|
|---|---|
|Fixtures/fittings/equipment|16,015|
|Future capital expenditure|8,279|
||57,435|
##
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##
|Restricte|d funds no|te for the year e|nded 31triarch|2022(as restated|):||
|---|---|---|---|---|---|---|
|||Brought|Incoming|Outgoing|Transfers|Carried|
|||forward|resources|resources||forward|
|||||||2|
|Fixed assets||96,663|20,425|(3,452)||113,636|
|Youth Theatre|||42,324|(42,324)|||
|Artistic Programme|||47,261|(47,261)|||
|Speech Bubbles|||22,000|(22,000)|||
|Careers|in Theatre||17,575|(15,946)||1,629|
|HLF|||28,481|(28,481)|||
|ASCs|||44,526|(44,526)|||
|Creative|Play||18,440|(14,197)||4,243|
|Summer|School||13,965|(6,925)||7,040|
|Trainees|||16,430|(16,430)|||
|Bursaries|||26,526|(26,526)|||
|Other|||25,224|(23,093)||2,131|
|||96,663|323,177|(291,161)||128,679|
##
##
##
##
|Analysis of ne|t assets between funds||||
|---|---|---|---|---|
|||General|Restricted|Total|
|||funds|funds||
|||2|8||
|Fund balances|at 31 March 2023||||
|are represented|by:||||
|Tangible fixed|assets|350,000|49,156|399,156|
|Net current assets||93,210|38,114|131,324|
|||443,210|87,270|530,480|
##
##
|At 31 March 2023 the company
had total commitm
follows:|ents
under
non-cancellable
operatin|g
leases as|
|---|---|---|
||2023|2022|
||8|8|
|Expiry date:|||
|Within one year|5,888|5,888|
|Between one and five years|23,552|5,888|
||29,440|11,776|
##
##
##
|Analysis of changes
In net fu|nds||||
|---|---|---|---|---|
||Opening|Cash|Other|Closing|
||balance|flows|changes|balance|
|Cash at bank and in hand|283,437|(23,325)||260,112|
|Debt due within one year|(15,183)|(73,696)||(88,879)|
|Debt due after one year|(88,879)||88,879||
||(104,062)|(73,696)|88,879|(88,879)|
|Net funds|179,375|(97,021)|88,879|171,233|
##
##
|21.|Reconciliation
of net income/(expenditure)|Reconciliation
of net income/(expenditure)|Reconciliation
of net income/(expenditure)|Reconciliation
of net income/(expenditure)|to net cashf low from operating
activities||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||2|8|
||Net
income/(expenditure)
for||the||(47,883)|138,608|
||reporting
period|(as
per|the||||
||statement
of financial|activities)|||||
||Depreciation||||59,811|7,062|
||Dividends,
interest and rents from|||investments|(2,459)|(131)|
||(Increase)/decrease|in debtors|||(14,865)|(11,494)|
||Increase/(decrease)|in creditors|||(5,205)|(91,545)|
||Net cash outflow from operating|||activities|(10,601)|42,500|