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|||||Page|
|---|---|---|---|---|
|Reference and Administrative
Details|||||
|Report ofthe|Trustees|||2 to 11|
|Report ofthe|Independent
Auditors|||12to 14|
|Consolidated|Statement
of Financial|Activities||15|
|Consolidated|and Charitable
Company||Balance Sheet|16|
|Consolidated|Cash Flow Statement|||17|
|Notes to the|Financial Statements|||18to 28|
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|REFERENCE AND|REFERENCE AND|REFERENCE AND|REFERENCE AND|ADMINISTRATIVE|ADMINISTRATIVE|ADMINISTRATIVE|DETAILS|DETAILS|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Registered||Company|||number|||2994954 (England||||and Wales)|
|Registered||Charity||number||||1042870|||||
|Registered||office||||||77-85 Newington|||Causeway||
|||||||||London|||||
|||||||||SE16BD|||||
|Trustees||||||||S Hickson|||||
|||||||||R N Pearson|||||
|||||||||G Semper|||||
|||||||||K Serkis|||||
|||||||||G Wellman|||||
|||||||||H Whitehouse|||||
|||||||||TWood|||||
|Patrons||||||||Simon Hughes||MP|||
|||||||||Sir Michael Caine|||||
|||||||||Andy Serkis|||||
|Company||Secretary||||||C Smyrnios|||||
|Key Management:|||||||||||||
|Chief Executive Officer/Artistic||||||Director||C Smyrnios|||||
|General|Manager|||||||C Beaver —until||June 2021|||
|Youth 8|Community|||Director||||D Workman|||||
|Communications|||Manager|||||S Safavi|||||
|Theatre Manager||||||||J Deighan|||||
|Technical||&Production|||Manager|||C Randall —until||December 2019|||
|||||||||C Compson|—from|||January 2020|
|Auditors||||||||Azets Audit Services|||||
|||||||||2"' Floor, Regis||House|||
|||||||||45 King William||Street|||
|||||||||London|||||
|||||||||EC4R 9AN|||||
|Bankers||||||||HSBC|||||
|||||||||28 Borough|High Street||||
|||||||||London|||||
|||||||||SE1 1YB|||||
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
||||Notes|Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|Funds|Funds|
|INCOME||||||||
|Donations,
grants and||legacies||590,922|1,170,429|1,761,351|648,622|
|Charitable
activities||||160,586|48,622|209,208|545,146|
|Other trading
activities||||136,573||136,573|301,964|
|Investment
income||||252||252|661|
|Other income||||52,109||52,109|7,868|
|Total||||940,442|1,219,051|2,159,493|1,504,261|
|EXPENDITURE ON||||||||
|Raising funds|||8|181,784||181,784|303,110|
|Charitable
activities|||9|590,086|460,351|1,050,437|712,591|
|Total|||10|771,870|460,351|1,232,221|1,015,701|
|NET INCOME/(EXPENDITURE)||||168,572|758,700|927,272|488,560|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought||forward|23|85,429|891,596|977,025|488,465|
|TOTAL FUNDS CARRIED FORWARD||||254,001|1,650,296|1,904,297|977,025|
##
||Notes|GROUP
2020
2019|GROUP
2020
2019|Charitable
2020|Company
2019|
|---|---|---|---|---|---|
|||||E||
|FIXEDASSETS||||||
|Tangible assets|14|2,806,010|763,900|2,805,410|762,548|
|Fixed asset investment|15|||100|100|
|CURRENT ASSETS||2,806,010|763,900|2,805,510|762,648|
|Stocks|16|4,604|8,648|||
|Debtors
Cash at bank|17|62,607
576,220|106,539
861,212|77,225
568,898|111,144
855,632|
|CREDITORS||643,431|976,399|646,123|966,776|
|Amounts
falling due within one year|18|(688,335)|(763,274)|(684,346)|(752,399)|
|NET CURRENT ASSETS||(44,904)|213,125|(38,223)|214,377|
|TOTAL ASSETS LESSCURRENT LIABILITIES||2,761,106|977,025|2,767,287|977,025|
|CREDITORS||||||
|Amounts
falling due after more than one year|19|(856,809)||(856,809)||
|NET ASSETS||1,904,297|977,025|1,910,478|977,025|
|FUNDS||||||
|Unrestricted
funds
Restricted
funds|23|254,001
1,650,296|85,429
891,596|260,182
1,650,296|85,429
891,596|
|TOTAL FUNDS||1,904,297|977,025|1,910,478|977,025|
##
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||||Notes|GROUP
2020
2019|GROUP
2020
2019|Charitable
2020|Company
2019|
|---|---|---|---|---|---|---|---|
|||||E||||
|Cash used in operating|activities||26|473,182|889,295|471,203|893,486|
|Cash flows from investing
activities||||||||
|Interest received||||252|661|252|661|
|Disposal oftangible
fixed|assets|||14,000||14,000||
|Purchase
oftangible
fixed|assets|||(2,091,816)|(644,862)|(2,091,579)|(643,412)|
|Cash provided
by (used|in) investing|activities||(2,077,564)|(644,862)|(2,077,327)|(643,412)|
|Cash flows from financing
activities||||||||
|Repayment
of borrowings
Cash inflows from new borrowings||||(17,860)
1,320,000||(17,860)
1,320,000||
|Interest
paid||||17,250||17,250||
|Cash provided
by (used|in) financing|activities||||||
|||||1,319,390||1,319,390||
|Change
in cash and cash equivalents||||||||
|in the reporting
period||||(284,992)|245,094|(286,734)|250,074|
|Cash and cash equivalents
at the beginning||||||||
|Of the reporting
period|||27|861,212|616,118|855,632|605,558|
|Cash and cash equivalents
at the end||||||||
|ofthe reporting
period|||27|576,220|861,212|568,898|855,632|
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|DONATIONS|AND LEGACIES|AND LEGACIES|||2020|2019|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||Funds
f|Funds
f|Funds
F|Funds
f|
|Future Playhouse
The Wall||||1,167,623
2,806|1,167,623
2,806|639,203
4,780|
|Other donations||and grants|590,922||590,922|4,639|
||||590,922|1,170,429|1,761,351|648,622|
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|||||||
|---|---|---|---|---|---|
|RAISING FUNDS||||2020|2019|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|Funds|Funds|
|Commercial
Front of office operations
Expenditure
on trading
activities
Future Playhouse||38,789
142,754
241||38,789
142,754
241|35,866
266,799
445|
|||181,784||181,784|303,110|
##
|||||||
|---|---|---|---|---|---|
|CHARIT|ABLE ACTIVITIES|||2020|2019|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|Funds|Funds|
|||||E||
|Managed
Production
Youth 8 Community
New Venue Costs||590,086|60,635
399,716|590,086
60,635
399,716|585,257
55,563
71,771|
|||590,086|460,351|1,050,437|712,591|
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|---|---|---|---|---|
|EXPENDITURE||Support costs|||
||Direct costs|(See note 11)|Total 2020|Total 2019|
|Managed
Production
Youth 8 Community
New Venue Costs|21,914
60,635
95,516|568,172
304,200|590,086
60,635
399,716|585,257
55,563
71,771|
|Raising funds|178,065
178,171|872,372
3,613|1,050,437
181,784|712,591
303,110|
||356,236|875,985|1,232,221|1,015,701|
##
|SUPPORT COSTS|||||
|---|---|---|---|---|
|||Establishment|Governance||
||Staff costs|costs|costs|Totals|
||E|Z|||
|Managed
Production
New Venue Costs
Raising funds|266,343|295,479
304,200|6,350
3,613|568,172
304,200
3,613|
||266,343|599,679|9,963|875,985|
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|14.|TANGIBLE FIXEDASSETS||||||
|---|---|---|---|---|---|---|
|||Assets under|Plant and|Fixtures and|Asset||
||CONSOLIDATED|construction|machinery
f|fittings|Improvements|Totals|
||COST||||||
||At 1 January 2020|715,315|79,348|200,623|14,400|1,009,686|
||Additions|2,052,224|39,592|||2,091,816|
||Disposals||||(14,400)|(14,400)|
||At 31 December 2020|2,767,539|118,940|200,623||3,087,102|
||DEPRECIATION||||||
||At 1 January 2020||72,037|173,349|400|245,786|
||Charge for year||8,432|27,274||35,706|
||Released on disposal||||(400)|(400)|
||At 31 December 2020||80,469|200,623||281,092|
||NET BOOKVALUE||||||
||At 31 December 2020|2,767,539|38,471|||2,806,010|
||At 31 December 2019|715,315|7,311|27,274|14,000|763,900|
||CHARITY||||||
|||Assets under|Plant and|Fixtures and|Asset||
|||construction|machinery|fittings|Improvements|Totals|
|||||F|||
||COST||||||
||At 1 January 2020|715,315|74,769|200,623|14,400|1,005,107|
||Additions|2,052,224|39,355|||2,091,579|
||Disposals||||(14,400)|(14,400)|
||At 31 December 2020|2,767,539|114,124|200,623||3,082,286|
||DEPRECIATION||||||
||At 1 January 2020||68,810|173,349|400|242,559|
||Charge for year||7,443|27,274||34,717|
||Released on disposal||||(400)|(400)|
||At 31 December 2020||76,253|200,623||276,876|
||NET BOOK VALUE||||||
||At 31 December 2020|2,767,539|37,871|||2,805,410|
||At 31 December 2019|715,315|5,959|27,274|14,000|762,548|
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|RESTRIC|TED FUNDS —Consolida|ted
and charity 2019||||
|---|---|---|---|---|---|
|||At 1Jan 2019|Income|Expenditure|At 31 Dec|
||||f|E||
|Restricted funds||||||
|Managed|Productions|||||
|Theatre|Rental|||||
|Youth &
The Wall|Community|21,427
12,467|64,345
4,780|(55,563)|30,209
17,247|
|Future Playhouse||276,708|639,203|(71,771)|844,140|
|||310,602|708,328|(127,334)|891,596|
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|RECONCILIATION
|OF NET INCOME/(EX|PENDITU|RE)
TO NET CASH FLOW FR|RE)
TO NET CASH FLOW FR|OM OPERATIIN|G ACTIVITIES|
|---|---|---|---|---|---|---|
||||Consolidated||Charitable|Company|
||||2020|2019|2020|2019|
||||||E|E|
|Net (expenditure)/income
for the|||||||
|reporting
period (as per the statement||of|||||
|financial activities)|||927,272|488,560|933,453|488,560|
|Adjustments
for:|||||||
|Depreciation
charge|||35,706|13,083|34,717|12,064|
|Interest received
Decrease/(increase)|in stocks||(252)
4,044|(661)
(1,980)|(252)|(661)|
|Decrease/(increase)
(Decrease)/increase|in debtors
in creditors||43,932
(537,520)|(39,816)
430,109|33,919
(530,634)|(34,968)
427,830|
|Net cash provided|by (used in) operating||||||
|activities|||473,182|889,295|471,203|892,825|
|ANALYSIS OF CASH AND CASH EQUIVALENTS|||||||
||||Consolidated||Charitable|Company|
||||2020
E|2019|2020
f|2019
f|
|Short-term
deposits|||576,220|861,212|568,898|855,632|
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