This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2023-03-31-accounts
|
Pages |
| Officers and Advisers |
1 |
| Report of the Trustees |
2-36 |
| Independent Auditor’s Report |
37 - 40 |
| Statement of Financial Activities |
|
| (including Income and Expenditure Account) |
41 |
| Balance Sheet |
42 |
| StatementofCash Flow |
43 |
| Notes to the Financial Statements |
44-64 |
|
|
| Trustees |
K A McGarrigle (Elected Chair, Resigned 28 July 2022) |
|
V Harrison (Acting/Vice Chair) |
|
S Rankine (Interim Treasurer, Resigned 28 July 2022) |
|
R Ferris (Appointed Treasurer 28 July 2022) |
|
R Cowley |
|
K Newns |
|
L Pelayo Fernandez |
|
A Phillips (Appointed 28 July 2022) |
|
T Sage |
|
J Smith |
|
R Thackeray (Appointed 28 July 2022) |
|
D Ray (Appointed 15 November 2022) |
|
R Wilson (Appointed 26 January 2023) |
| Company Secretary |
B Tomlinson |
| CEO |
J James |
| Ambassadors |
Bernardine Evaristo OBE |
|
Anthony Horowitz OBE |
|
Tomi Ogbaro (Young Ambassador) |
|
Toyah Wilcox |
| Registered Office |
The Tramshed |
|
51-53 Woolwich New Road |
|
London |
|
SE18 6ES |
| Registered Company Number |
01029063 |
| Registered Charity Number |
1026883 |
| Auditor |
SB Audit LLP |
|
Chartered Accountants |
|
and Statutory Auditor |
|
820 The Crescent |
|
Colchester Business Park |
|
Colchester |
|
C049YQ |
| Bankers |
Natwest Bank Pic |
|
4-5 High Street |
|
Chelmsford |
|
Essex |
|
CM1 1FZ |
|
20% most |
50% most |
| Full Participant IMD (2019) DataAnalysis |
deprived |
deprived |
| Indices ofMultiple Deprivation |
31% |
78% |
| Income |
32% |
79% |
| Employment |
22% |
73% |
| Education |
3% |
47% |
| Health Inequalities |
9% |
51% |
| Affected by Crime |
39% |
83% |
| Barriers to Services |
63% |
93% |
| Living Environment |
11% |
80% |
| Income Deprivation Affecting Children Index |
28% |
79% |
| Income Deprivation Affecting Older People |
|
|
| Index |
48% |
83% |
| Not known |
21% |
| Black |
42% |
| Mixed ethinicity |
10% |
| Asian |
3% |
| White |
26% |
| Other |
>1% |
| • |
To spend time with friends/family |
20% |
| • |
To be entertained |
19% |
| • |
To entertain my children |
15% |
| • |
To enjoy the atmosphere |
12% |
| • |
To educate and stimulate my children |
8% |
| • |
To do something new and out of the ordinary |
7% |
| • |
To be inspired |
5% |
| • |
To learn something |
4% |
| • |
To be intellectually stimulated |
3% |
| • |
Artform is an important part of who Iam |
3% |
| • |
To escape from everyday life |
3% |
| • |
For a special occaision |
1% |
| • |
For reflection |
1% |
| • |
For professional reasons |
1% |
| • |
For peace and quiet |
0.9% |
| • |
For academic reasons |
0.1% |
|
|
|
Greenwich |
| Ethnicities: |
Tramshed |
|
Borough (source |
|
Audiences |
|
GLA) |
|
|
|
(40.8% categorised |
| Asian British |
|
0% |
as BAME) |
| Asian Other |
|
8% |
12.9% |
|
|
|
(40.8% categorised |
| Black British |
|
2% |
as BAME) |
| Black Other |
|
3% |
(40.8% categorised
as BAME) |
| Mixed Ethnicity - Asian and White |
|
0% |
1% |
| Mixed Ethnicity - Black and White |
|
1% |
3.3% |
| Mixed Ethnicity Other |
|
4% |
1.6% |
| White British |
|
43% |
46.2% |
| White Other |
|
10% |
13% |
| Any Other Category |
|
2% |
1.3% |
| Prefer Not to say |
|
1% |
|
| Left blank |
|
26% |
|
| 2022/23 Audiences IMD (2019) |
20% most |
50% most |
| Data |
deprived |
deprived |
| Indices of Multiple Deprivation |
13% |
60% |
| Income Deprivation |
19% |
63% |
| Employment Opportunities |
8% |
55% |
| Education Inequalities |
1% |
36% |
| Health Inequalities |
3% |
38% |
| Crime |
24% |
76% |
| Barriersto Services |
51% |
90% |
| Living Environment |
15% |
73% |
| Income Deprivation Affecting |
|
|
| Children Index |
17% |
67% |
| Income Deprivation Affecting Older |
|
|
| People Index |
34% |
71% |
| Donations |
£58,101 |
12% |
| Grants receivable |
£119,552 |
26% |
| Charitable activities |
£246,687 |
52% |
| Other trading activities |
£47,304 |
10% |
| Total |
£471,644 |
|
| Expenditure on raising funds |
£35,109 |
5% |
| Artists |
£50,670 |
8% |
| Other direct staff costs |
£28,987 |
5% |
| Architectural fees |
£9,700 |
2% |
| Travel, transport and allowances |
£5,074 |
1% |
| Production and running costs |
£58,969 |
10% |
| Venue hire |
£1,630 |
1% |
| Admin and Marketing |
£18,768 |
3% |
| Support costs: premises |
£65,401 |
10% |
| Support costs: Non-premises |
£338,396 |
55% |
| Total |
£612,704 |
|
|
|
|
|
Total |
Total |
|
|
**Unrestricted ** |
Restricted |
Funds |
Funds |
|
Notes |
Funds |
Funds |
2023 |
2022 |
|
|
£ |
£ |
£ |
£ |
| Income from: |
|
|
|
|
|
| Donations and gifts |
3 |
48,101 |
10,000 |
58,101 |
37,084 |
| Grants receivable |
4 |
12,000 |
107,552 |
119,552 |
367,300 |
| Charitable activities |
5 |
178,987 |
67,700 |
246,687 |
200,901 |
| Other trading activities |
6 |
47,304 |
- |
47,304 |
26,689 |
| Total income |
|
286,392 |
185,252 |
471,644 |
631,974 |
| Expenditure on: |
|
|
|
|
|
| Raising funds |
7 |
35,109 |
|
35,109 |
34,086 |
| Charitable activities |
8 |
327,700 |
249,895 |
577,595 |
551,515 |
| Total expenditure |
|
362,809 |
249,895 |
612,704 |
585,601 |
| Net (expenditure)/income |
|
(76,417) |
(64,643) |
(141,060) |
46,373 |
| Gross transfer between funds |
|
- |
- |
- |
- |
| Net movement in funds |
|
(76,417) |
(64,643) |
(141,060) |
46,373 |
| Total funds brought forward |
|
|
|
|
|
| at 1 May 2022 |
|
142,986 |
76,965 |
219,951 |
173,578 |
| Total funds carried forward |
|
|
|
|
|
| at 31 March 2023 |
|
66,569 |
12,322 |
78,891 |
219,951 |
|
|
Total |
Total |
|
|
Funds |
Funds |
|
Notes |
2023 |
2022 |
|
|
£ |
£ |
| Fixed assets |
|
|
|
| Tangible fixed assets |
13 |
9,294 |
1,133 |
|
|
9,294 |
1,133 |
| Current assets |
|
|
|
| Debtors |
14 |
105,530 |
70,307 |
| Cash and cash equivalents |
|
11,867 |
182,470 |
|
|
117,397 |
252,777 |
| Creditors: amounts falling due |
|
|
|
| within one year |
15 |
(47,800) |
(33,959) |
| Net current assets |
|
69,597 |
218,818 |
| Net assets |
|
78,891 |
£219,951 |
| Income funds |
|
|
|
| Restricted funds |
16 |
12,322 |
76,965 |
| Unrestricted funds |
16 |
66,569 |
142,986 |
|
|
78,891 |
£219,951 |
|
|
|
Total |
|
Unrestricted |
Restricted |
Funds |
|
Funds |
Funds |
2023 |
|
£ |
£ |
£ |
| Donations |
26,634 |
10,000 |
36,634 |
| Donated services and facilities |
21,467 |
- |
21,467 |
|
48,101 |
10,000 |
58,101 |
|
|
|
Total |
|
Unrestricted |
Restricted |
Funds |
|
Funds |
Funds |
2022 |
|
£ |
£ |
£ |
| Donations |
284 |
_ |
284 |
| Donated services and facilities |
36,800 |
- |
36,800 |
|
£ 37,084 |
- |
£ 37,084 |
|
|
|
Total |
|
Unrestricted |
Restricted |
Funds |
|
Funds |
Funds |
2023 |
|
£ |
£ |
£ |
| 4GRANTS RECEIVABLE |
|
|
|
| Greenwich - Children’s Theatre Festival |
|
19,000 |
19,000 |
| Royal Greenwich Community Innovation |
|
9,967 |
9,967 |
| Grants |
|
|
|
| Mayors Young Londoners Fund |
|
6,886 |
6,886 |
| Jublilee Fund |
|
9,800 |
9,800 |
| Kickstarter Grants |
|
18,054 |
18,054 |
| Berkeley Homes |
|
3,000 |
3,000 |
| Access Sport CIO |
|
400 |
400 |
| National Theatre |
|
3,445 |
3,445 |
| METRO Charity |
|
4,000 |
4,000 |
| Royal Free London NHS Foundation Trust |
|
29,930 |
29,930 |
| Lewisham Youth Theatre |
|
3,069 |
3,069 |
| Breslaff |
12,000 |
- |
12,000 |
| Jack Petchey Foundation |
. |
1 |
1 |
| 2023 Total funds |
12,000 |
107,552 |
119,552 |
|
|
|
Total |
|
Unrestricted |
Restricted |
Funds |
|
Funds |
Funds |
2022 |
|
£ |
£ |
£ |
| Arts Council England - Cultural Recovery |
- |
197,604 |
197,604 |
| Fund |
|
|
|
| BBC Children in Need - Small Grants |
|
2,500 |
2,500 |
| Greenwich - Children’s Theatre Festival |
|
20,000 |
20,000 |
| Greenwich - Covid 19 Fund |
|
31,000 |
31,000 |
| Greenwich - Commissioners, Children’s |
|
3,150 |
3,150 |
| Services |
|
|
|
| Greenwich - Other project grants |
|
14,310 |
14,310 |
| Kickstarter Grants |
|
26,482 |
26,482 |
| Mayors Young Londoners Fund |
|
20,652 |
20,652 |
| Cockayne - London Community |
|
50,000 |
50,000 |
| Foundation |
|
|
|
| Royal Victoria Hall Foundation |
• |
1,500 |
1,500 |
| Government grants |
102 |
- |
102 |
| 2022 Total funds |
£ 102 |
£ 367,198 |
£ 367,300 |
|
|
|
Total |
|
Unrestricted |
Restricted |
Funds |
|
Funds |
Funds |
2023 |
|
£ |
£ |
£ |
| Core funding |
|
|
|
| - Royal Borough of Greenwich |
130,322 |
57,600 |
187,922 |
| Youth arts |
6,243 |
m |
6,243 |
| Performances |
9,522 |
- |
9,522 |
| Other activities |
32,900 |
10,100 |
43,000 |
| 2023 Total funds |
£ 178,987 |
£67,700 |
£ 246,687 |
|
Unrestricted |
Restricted |
Funds |
|
Funds |
Funds |
2022 |
|
£ |
£ |
£ |
| Core funding |
|
|
|
-
London Borough ofLewisham |
35,000 |
|
35,000 |
-
Royal Borough of Greenwich |
80,000 |
- |
80,000 |
| Youth arts |
11,373 |
|
11,373 |
| Performances |
9,020 |
- |
9,020 |
| Other activities |
7,768 |
57,740 |
65,508 |
| 2022 Total funds |
£ 143,161 |
£57,740 |
£200,901 |
|
|
|
Total |
|
Unrestricted |
Restricted |
Funds |
|
Funds |
Funds |
2023 |
|
£ |
£ |
£ |
| Lettings income - theatre hire |
43,780 |
. |
43,780 |
| Bar income |
3,524 |
- |
3,524 |
|
47,304 |
- |
47,304 |
|
|
|
Total |
|
Unrestricted |
Restricted |
Funds |
|
Funds |
Funds |
2022 |
|
£ |
£ |
£ |
| Lettings income - theatre hire |
24,620 |
_ |
24,620 |
| Bar income |
2,069 |
- |
2,069 |
|
£ 26,689 |
- |
£ 26,689 |
|
2023 |
|
2022 |
|
£ |
|
£ |
| Staff costs |
35,109 |
|
34,086 |
|
£35,109 |
£ |
34,086 |
|
Core |
Participatory |
Theatre |
Projects |
Community |
2023 |
|
Capital |
|
|
|
Engagement |
Total |
|
Fund |
|
|
|
|
|
|
£ |
£ |
£ |
£ |
£ |
£ |
| Direct staff costs |
|
|
|
|
|
|
| Artists |
- |
31,425 |
5,370 |
5,480 |
8,395 |
50,670 |
| Other |
- |
14,346 |
2,390 |
688 |
11,563 |
28,987 |
| Architect and |
9,700 |
" |
“ |
- |
- |
9,700 |
| consultancy fees |
|
|
|
|
|
|
| Travel, transport |
3,064 |
668 |
726 |
4 |
612 |
5,074 |
| and allowances |
|
|
|
|
|
|
| Production and |
17,657 |
3,451 |
25,123 |
411 |
12,327 |
58,969 |
| running costs |
|
|
|
|
|
|
| (including staff costs |
|
|
|
|
|
|
| Venue hire and |
■ |
“ |
1,630 |
" |
- |
1,630 |
| associated costs |
|
|
|
|
|
|
| Admin and |
12,791 |
473 |
3,193 |
456 |
1,855 |
18,768 |
| marketing |
|
|
|
|
|
|
| Support costs: |
|
25,223 |
19,248 |
3,525 |
17,405 |
65,401 |
| central premises |
|
|
|
|
|
|
| costs |
|
|
|
|
|
|
| Support costs: non |
|
130,507 |
99,592 |
18,240 |
90,057 |
338,396 |
| premises costs |
|
|
|
|
|
|
| Total expenditure |
43,212 |
206,093 |
157,272 |
28,804 |
142,214 |
577,595 |
|
Core |
Participatory |
Theatre |
Projects |
Community |
2022 Total |
|
Capital |
|
|
|
Engagement |
|
|
Fund |
|
|
|
|
|
|
£ |
£ |
£ |
£ |
£ |
£ |
| Direct staff costs |
|
|
|
|
|
|
| Artists |
- |
35,581 |
8,060 |
21,639 |
9,801 |
75,081 |
| Other |
- |
17,383 |
3,131 |
10,953 |
430 |
31,897 |
| Employer’s on |
- |
- |
- |
328 |
- |
328 |
| costs |
|
|
|
|
|
|
| Architect and |
14,188 |
“ |
• |
1,800 |
600 |
16,588 |
| consultancy fees |
|
|
|
|
|
|
| Travel, transport |
“ |
238 |
3,605 |
2,374 |
42 |
6,259 |
| and allowances |
|
|
|
|
|
|
| Production and |
|
3,969 |
23,169 |
30,552 |
1,844 |
59,534 |
| running costs |
|
|
|
|
|
|
| (including staff |
|
|
|
|
|
|
| costs) |
|
|
|
|
|
|
| Venue hire and |
• |
4,735 |
316 |
“ |
” |
5,051 |
| associated costs |
|
|
|
|
|
|
| Admin and |
- |
724 |
4,586 |
4,473 |
294 |
10,077 |
| marketing |
|
|
|
|
|
|
| Support costs: |
|
21,449 |
14,681 |
24,699 |
4,456 |
65,285 |
| central premises |
|
|
|
|
|
|
| costs |
|
|
|
|
|
|
| Support costs: |
|
92,457 |
63,282 |
106,467 |
19,208 |
281,415 |
| non-premises |
|
|
|
|
|
|
| costs |
|
|
|
|
|
|
| Total expenditure |
14,188 |
176,536 |
120,830 |
203,285 |
36,675 |
551,515 |
|
2023 |
2022 |
|
£ |
£ |
| Support staff costs |
|
|
| - Artistic |
49,141 |
47,632 |
| Finance and admin |
134,881 |
102,220 |
| Production and education |
90,793 |
97,082 |
| Other staff costs |
12,323 |
11,373 |
|
287,138 |
£ 258,308 |
| Governance costs |
|
|
| Audit and accountancy |
10,328 |
9,065 |
| Board expenses |
7,521 |
17 |
|
17,849 |
£ 9,082 |
| Other support costs |
|
|
| Depreciation |
1,524 |
717 |
| Hospitality |
1,664 |
604 |
| IT and telecommunications |
9,183 |
13,561 |
| General office expenses |
11,183 |
16,740 |
| Marketing and publicity |
7,031 |
7,406 |
| - Training and recruitment |
2,544 |
7,075 |
| Travel, transport and allowances |
394 |
463 |
| Sundry |
34,746 |
1,544 |
|
68,269 |
48,110 |
|
373,256 |
£315,500 |
|
2023 |
2022 |
| ditors’ remuneration |
£ |
£ |
| Statutory audit |
7,950 |
7,500 |
| Other services |
- |
1,400 |
| Depreciation |
1,524 |
717 |
|
2023 |
2022 |
|
£ |
£ |
| Wages and salaries |
227,365 |
215,918 |
| Social security costs |
16,771 |
14,675 |
| Pension contributions |
5,060 |
4,572 |
|
249,196 |
£235,165 |
| Freelance staff costs |
119.626 |
145.278 |
|
368,822 |
£380,443 |
|
Leasehold |
**Fixtures ** |
Computer |
|
|
improvements |
and fittings |
equipment |
Total |
|
£ |
£ |
£ |
£ |
| Cost |
|
|
|
|
| At 1 April 2022 |
11,014 |
12,864 |
26,276 |
50,154 |
| Additions |
- |
9,685 |
- |
9,685 |
| At 31 March 2023 |
11,014 |
22,549 |
26,276 |
59,839 |
| Depreciation |
|
|
|
|
| At 1 April 2022 |
11,014 |
12,864 |
25,143 |
49,021 |
| Charge for the year |
- |
807 |
717 |
1,524 |
| Disposals |
- |
- |
- |
- |
| At 31 March 2023 |
11,014 |
13,671 |
25,860 |
50,545 |
| Net book value |
|
|
|
|
| At 31 March 2023 |
- |
8,878 |
416 |
9,294 |
| At 31 March 2022 |
- |
- |
1,133 |
1,133 |
|
2023 |
2022 |
|
£ |
£ |
| Trade debtors |
72,358 |
22,372 |
| Prepayments and accrued income |
33,172 |
47,935 |
|
105,530 |
£ 70,307 |
|
2023 |
2022 |
|
£ |
£ |
| Trade creditors |
20,372 |
20,107 |
| Other creditors |
7,889 |
5,287 |
| Accruals and deferred income |
19,539 |
8,565 |
|
47,800 |
£ 33,959 |
|
Balance at |
|
|
Balance at |
|
1 April 2022 |
Income |
Expenditure |
31 March 202: |
|
£ |
£ |
£ |
£ |
| Unrestricted Funds |
142,986 |
286,392 |
(362,809) |
66,569 |
| Restricted funds |
|
|
|
|
| Greenwich - Children’s |
|
19,000 |
(19,000) |
|
| Theatre Festival |
|
|
|
|
| Greenwich Community |
- |
9,967 |
(9,967) |
|
| Innovation Grant |
|
|
|
|
| Greenwich Core Funding |
- |
57,600 |
(57,600) |
|
| My London Youth Social |
10,278 |
|
(7,150) |
3,128 |
| Action |
|
|
|
|
| Mayors Young Londoners |
- |
6,886 |
(6,886) |
|
| Fund |
- |
- |
|
|
| Royal Parks |
8,150 |
10,100 |
(18,250) |
|
| Berkeley Flomes |
3,437 |
- |
(3,437) |
|
| RBG - Young Plumstead |
5,100 |
|
|
|
| Mural |
|
- |
(5,100) |
|
| Jubilee fund |
- |
9,800 |
(9,800) |
|
| Kickstarter grants |
- |
18,054 |
(18,054) |
|
| Other restricted grants |
- |
43,845 |
(43,844) |
1 |
| Peter Harris Trust |
- |
10,000 |
(807) |
9,193 |
|
26,965 |
185,252 |
(199,895) |
12,322 |
| Restricted capital grants |
|
|
|
|
| Cockayne - Grants for the |
50,000 |
|
(50,000) |
|
| Arts |
|
|
|
|
|
76,965 |
185,252 |
(249,895) |
12,322 |
| Total Funds |
219,951 |
471,644 |
(612,704) |
78,891 |
|
Balance at |
|
|
Balance at |
Balance at |
|
1 April 2021 |
Income |
Expenditure |
**31 March ** |
2022 |
|
£ |
£ |
£ |
£ |
|
| Unrestricted Funds |
138,364 |
207,036 |
(202,412) |
142,986 |
|
| Restricted Funds |
|
|
|
|
|
| Arts Council England - |
- |
197,604 |
(197,604) |
|
|
| Strategic Funds |
|
|
|
|
|
| BBC Children in Need - |
- |
2,500 |
(2,500) |
|
|
| Small Grants |
|
|
|
|
|
| Big Lottery Fund (Reaching |
11,149 |
- |
(11,149) |
|
|
| Communities) |
|
|
|
|
|
| Greenwich - Children’s |
8,592 |
20,000 |
(28,592) |
|
|
| Theatre Festival |
|
|
|
|
|
| Greenwich - Covid 19 Fund |
1,680 |
31,000 |
(32,680) |
|
|
| Greenwich Commissioners, |
- |
3,150 |
(3,150) |
|
|
| Children’s Services |
|
|
|
|
|
| Greenwich Growth Fund |
- |
- |
(1,480) |
|
|
| (Community) |
|
|
|
|
|
| Kickstarter Grants |
- |
26,482 |
(26,482) |
|
|
| My London Youth Social |
2,000 |
10,300 |
(2,022) |
10,278 |
|
| Action |
|
|
|
|
|
| Bonnie & Rose |
- |
83 |
(83) |
|
- |
| Her Centre |
- |
17,990 |
(17,990) |
|
- |
| Royal Parks |
- |
21,839 |
(13,689) |
8,150 |
|
| Peabody |
- |
710 |
(710) |
|
- |
| Resolve Collective |
- |
150 |
(150) |
|
- |
| Royal Victoria Hall |
- |
1,500 |
(1,500) |
|
- |
| Foundation |
|
|
|
|
|
| Berkeley Homes |
- |
6,668 |
(3,231) |
3,437 |
|
| RGB - One-off grant |
- |
6,840 |
(6,840) |
|
- |
| RGB - Welcome Back Fund |
- |
2,370 |
(2,370) |
|
- |
| RGB - Young Plumstead |
|
5,100 |
- |
5,100 |
|
| Mural |
|
|
|
|
|
| Young Londoners Fund |
10,313 |
20,652 |
(30,695) |
|
- |
|
35,214 |
374,938 |
(383,187) |
26,966 |
|
| Restricted capital grants |
|
|
|
|
|
| Cockayne - Grants forthe |
- |
50,000 |
- |
50,000 |
|
| Arts |
|
|
|
|
|
|
35,214 |
424,938 |
(383,187) |
76,966 |
|
| Total |
173,578 |
631,974 |
(585,599) |
219,951 |
|
|
General |
Restricted |
2023 |
|
funds |
funds |
Total funds |
|
£ |
£ |
£ |
| Fixed assets |
416 |
8,878 |
9,294 |
| Current assets |
113,953 |
3,444 |
117,397 |
| Current liabilities |
(47,800) |
- |
(47,800) |
|
66,569 |
12,322 |
78,891 |
|
General |
Restricted |
2022 |
|
funds |
funds |
Total funds |
|
£ |
£ |
£ |
| Fixed assets |
1,133 |
- |
1,133 |
| Current assets |
175,812 |
76,965 |
252,777 |
| Current liabilities |
(33,959) |
- |
(33,959) |
|
142,986 |
76,965 |
219,951 |
|
2023 |
2022 |
|
**£ ** |
£ |
| Expiry date: |
|
|
| Within one year |
14,642 |
|
| Between two and five years |
24,871 |
|
| Later than five years |
|
|
|
39,513 |
|