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2022-03-31-accounts

DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Company number: 02578163 Charity Number: 1046461

Théâtre Sans Frontières Ltd

Report and financial statements For the year ended 31 March 2022

DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Independent examiner’s report to the trustees of Théâtre Sans Frontières

Company number 02578163

Charity number 1046461

Registered office and operational address 2a Tanners Yard, Hexham Northumberland NE46 3NL

Trustees Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows:

Jane Brantom Chair (resigned 19/07/2021) June Abbott (resigned 19/07/2021) Christopher Black Barbara Douglas (appointed 23/07/2022) Rhiannon Griffiths Robert Hull (resigned 21/04/2021) Pascale Konyn (appointed Chair 19/07/2021) Caroline Theobald Key management Sarah Kemp Artistic Director personnel John Cobb Artistic Director Bankers Barclays Bank Plc Tynedale Group, Priestpopple, Hexham, Northumberland, NE46 1PE Independent Jennifer Daniel FCCA DChA, Slade & Cooper Limited examiner Beehive Mill, Jersey St, Ancoats, Manchester M4 6JG

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DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Independent examiner’s report to the trustees of Théâtre Sans Frontières

The trustees present their report and the unaudited financial statements for the year ended 31 March 2022.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Objectives and activities

The primary purpose of the charity is to create an international theatre of excellence that celebrates world languages and cultures. The charity is committed to the promotion, maintenance, improvement and advancement of the education of the public in the understanding, practice and appreciation of the arts. Our objectives are:

The trustees review the aims, objectives and activities of the charity each year. In shaping the objectives for the year and in planning the activities, the trustees have considered the Charity Commission’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PB2)’. Théâtre Sans Frontières (TSF) relies on grants, donations and the income from selling its productions to schools and theatre venues to cover its operating costs. In setting the level of performance fees, the trustees give careful consideration to the implications for the accessibility of the charity’s productions to those on low incomes.

The strategies employed to achieve the charity’s aims and objectives are to:

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Independent examiner’s report to the trustees of Théâtre Sans Frontières

Putting these strategies into action, the charity has three major areas of activity which are:

Achievements and performance

Performances in theatres, arts centres and community venues

Sherlock Holmes: The Speckled Band

The Speckled Band was developed from a preliminary exploration of the classic Conan Doyle story with a group of actors and musicians in July 2018, when a work in progress was very positively received by Year 8 pupils from St Joseph’s Middle School, Hexham. The full scale production in March 2022, TSF’s first live production for the general public since Covid-19, was supported by an Arts Council England project grant and originally aimed primarily at young people aged 11 to 14, school groups and families, but attracted and enthused audiences of all ages.

“It held my attention every minute and I am 84” Exchange Theatre, North Shields

“A unique re-enactment of the story” Market Theatre, Ledbury

A three week nationwide tour followed a short rehearsal period, during which the Victorian tale was given the TSF treatment with dramatic live music, a highly physical acting style and sophisticated video projections, with which the cast interacted, from dynamic North East video production company Von Fox Promotions. The show employed 12 artists, including: director John Cobb; four actors, three from the North East and one from Poland; designer; script writer; composer. The final week of rehearsals took place at Queen's Hall Arts Centre, Hexham where the show premiered to great acclaim on 8 March 2022, International Women’s Day. In celebration, Northumberland County Council filmed interviews with three of the female members of the creative team about their experiences of working in the arts and in particular of being involved in this project.

"A beautiful production ... which sparkles from ‘curtain up’ to shocking denouement, performed with imagination and verve" David Whetstone of Cultured. North East

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Independent examiner’s report to the trustees of Théâtre Sans Frontières

TSF mounted 13 performances in all, to a total audience of 748. HexhamTV filmed extracts and interviews with cast and director, extending the reach of the piece.

The tour included theatres, village halls and libraries, the charity engaging with a number of venues for the first time: Warwick on Eden Village Hall; Headway Arts (a hub for learning disabled artists); Star & Shadow Cinema (Newcastle); Catstrand (Galloway, Scotland). Performances in partnership with Northumberland Libraries, in Berwick and Cramlington, consolidated connections with the library service at a time when many other venues were not yet open, post-pandemic. In Warwick on Eden Village Hall, the community’s excitement at being able to watch professional theatre, together, for the first time in more than two years, brought home the significance of touring theatre rurally, and its relevance for local people, both socially and culturally.

“Excellent set, fabulous music, creative, energetic story” Cramlington Library

“Great comic timing” Middlesbrough Theatre

The tour was accompanied by drama workshops in four Cumbrian and Northumberland schools and with Headway Arts. The workshops enhanced young people’s understanding and appreciation of the subject matter, dealing with issues of patriarchy and the role of women, colonialism and attitudes to immigrants and outsiders in Sherlock Holmes, using drama.

“I learnt that in Victorian times, men treated women very differently to they do now. We got to do what we thought the character would do which helped open my imagination” Pupil, Cumwhinton Primary School

Touring into Schools

The Animal Olympics – Tokyo 2020

A new participatory show in simple French The Animal Olympics - Tokyo 2020 , for six to eleven year olds, had been scheduled for summer 2020 to tie in with the Tokyo 2020 Olympic Games. Funding was in place before the first Covid-19 lockdown, and all funders, schools and performers agreed to a postponement pending the restoration of more normal working conditions in schools and the wider community.

The Animal Olympics - Tokyo 2020 toured for four weeks in June and July 2021 to primary schools across Northumberland, the wider North East, Yorkshire and Cambridge. Throughout the tour, detailed arrangements changed on an almost daily basis to accommodate government guidelines and the dates for two schools had to be re-scheduled because of Covid-19 outbreaks. This put pressure on a very small team but fortunately it was eventually possible to celebrate the Tokyo Olympics with 1,769 pupils in 22 schools (25 performances).

There were often fewer children in the audience than on previous tours because of year group bubbles and small schools were unable to join performances at larger schools as originally planned. However, a grant from the Arts Council England Culture Recovery Fund enabled the filming of several scenes and all the songs, so that children from schools and year groups that had missed out could access key elements of the performance online. The Culture Recovery funding also provided for a doubling of the number of children’s costumes, which were therefore Covid proof when the company performed two shows in a day.

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Independent examiner’s report to the trustees of Théâtre Sans Frontières

The production celebrated the values of the Olympic Games: excellence, friendship and respect, exploring themes around diversity, cultural difference and internationalism. Workshops prepared two groups of children in each school for participation in the performance alongside three professional actors, including a Paris-based Japanese actor, Akihiro Nishida. The show was a joyous and fun celebration of the Tokyo Olympics, with martial arts, live music, animation, songs and actions, boosting children’s confidence, creativity, team skills and wellbeing. Every participating school had access to the Company’s educational resource materials (songs, recordings, word games and drama activities).

“The children enjoyed participating and the chance to do something completely different (and freeing!) after a year of Covid restrictions.”

“I think the children really benefited from participating in the show as they showed fantastic confidence and teamwork and they were able to speak in French to an audience.”

“I liked the theme, music and people. I would like to see one of these plays again.”

The Community Foundation Tyne & Wear and Northumberland, via Wind Farm Community Benefit Funds in the Bellingham and Blyth localities, enabled TSF to offer free performances to schools in these rurally isolated or urban disadvantaged areas. Teachers in Blyth said about the performance:

“It was amazing, this is the first fun that the children have had all year.”

Participatory projects

Start programme

Year two of TSF’s Start project, in collaboration with Queen’s Hall Arts, should have concluded in July 2020 but was cut short when schools closed owing to Covid-19. While some activity resumed in Autumn 2020, with delivery adapted to accommodate the developing Covid-19 circumstances, most of the remaining work was delayed until April 2021.

The Start programme, originally funded by Children and the Arts and thereafter by Culture Bridge North East, sought to encourage greater participation in the arts by children with little, or no, previous arts experience. 230 pupils from Kielder, Bellingham, Greenhaugh, Wark and Newbrough Primary schools in the rurally isolated Tyne Valley benefited from sculpture, ceramics, dance and drama workshops in the Summer Term of 2021. Disadvantaged Year 7 Hexham Middle School pupils attended Sherlock Holmes: The Speckled Band in March 2022, and 6 disadvantaged students achieved Bronze Arts Awards, all as a result of the Start programme. No young person should ever be starved of cultural opportunities because their postcode determines their life chances and options.

French Revolution drama

TSF ran a series of drama workshops with 25 Year 8 students at Hexham Middle School to devise a play based on events in the French Revolution. The play was performed twice by the students to Year 5 pupils on 14 July to commemorate Bastille Day.

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DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Independent examiner’s report to the trustees of Théâtre Sans Frontières

Older People’s Drama

The Arts Council England Culture Recovery Round 2 funding enabled TSF to run masterclasses with the older people’s drama group (ages 59 to 87) in Spring/Summer 2021. These included two online sessions with radio drama expert Stefan Escreet from Cumbria and, as restrictions eased, a face to face, day-long workshop on physical theatre, gesture and text that took place in Hexham with renowned theatre director, Annabel Arden.

“Being given the opportunity to work with Stefan Escreet has been an incredibly rewarding and enjoyable creative experience. Learning and practising the techniques for radio plays has increased my confidence with my voice and opened up a whole new world of voice acting to me.”

In December 2021, the older people’s drama group enjoyed a dance masterclass conducted by expert choreographer Tim Rubidge, highly experienced in supporting older people to express themselves with movement.

“ Inspiring, invigorating and full of ideas. An awareness of a sense of space between things, people, land forms, and around everyday objects is something we don’t usually consider very deeply. Feeling “close" to nature and to other people is a positive direction in these times of climate crisis and Covid isolation.”

In March 2022, Loes Hegger from Amsterdam conducted a day-long workshop, themed around movement in space. Meanwhile the group, fluctuating in size between 8 and 15, continued to be inspired by weekly drama sessions with Sarah Kemp, TSF’s joint artistic director. Fundraising is ongoing to support the group going forward.

Evaluation

After all TSF’s performances and projects, age appropriate feedback questionnaires are used to ask about enjoyment, level of understanding, relevance, benefits of seeing the show and/or participating in the workshops, usefulness of educational materials, improvements in confidence and motivation. Arts Education consultant Bev Briggs, of The Forge in Durham, advised TSF on an appropriate evaluation framework for The Speckled Band workshops. Comments are also invited via the company website and social media platforms. Sometimes groups are invited to give feedback via teachers and youth leaders. At the end of each project all this material is analysed; reviews from press and peers are collated; feedback is collected from the creative, technical and educational teams; the process and outcomes of the project are reflected on with all personnel involved; and action points for the development of future work are recorded.

Financial review

The charity’s recorded income for the year was £130,688 (2021: £51,319). This year on year increase of £79,369 was due to two effects: the resurgence of activities within the charity following the previous year of Covid-19 lockdown; and an accounting adjustment of £29,456 representing income that must be recognised in this year’s accounts under charity accounting rules even though the expenditure will be incurred in next year’s accounts. Grants from government represented the majority of receivable income this year, totalling £103,958, with £93,237 of that total obtained via Arts Council England. Northumberland County Council continued to support TSF with an unrestricted Arts & Heritage grant of £1,221 and the charity received £9,500 in Northumberland County

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DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Independent examiner’s report to the trustees of Théâtre Sans Frontières

Council Covid-19 Additional Restrictions Business Support. Note 10 to the financial statements provides further information on the source of government grants.

Income generated from performance and similar fees recovered slightly, from £618 in the previous year to £10,891 this year, as Covid-19 restrictions eased.

TSF would also like to thank very warmly those individuals who donated £2,569 (2021: £4,075) towards the work of the charity.

The charity’s expenditure totalled £100,746 (2021: £46,839). Almost all of this increase relates to project and project development activity. Further information on the projects undertaken by the charity and the continuing Covid-19 challenges experienced is set out in the Achievements and performance section above.

The charity made a surplus for the year of £29,942 (2021: £4,480). However, almost all of this surplus (£29,456) arises from the timing difference between the recognition of income within this year’s accounts and the related expenditure which will be recognised in next year’s accounts. Next year’s financial statements will show a corresponding decrease in surplus.

The charity’s total funds at 31 March 2022 were £80,037. Of this total, £37,375 was held as restricted funds, leaving £42,662 as unrestricted free reserves (2021 free reserves £24,380). The charity’s reserves policy set out below is to maintain at least three months of expenditure in reserves, which would equate to approximately £25,000 based on the charity’s 2022 results. Hence, at 31 March 2022 the charity’s current reserves are £17,662 above the baseline set by the reserves policy. This stable position allows the charity’s artistic directors and trustees to contemplate more significant or financially risky projects for the 2022/2023 year than would otherwise have been possible.

Reserves policy

The trustees have resolved that reserves should be maintained to cover at least three months’ operating expenditure. At 31 March 2022, this policy objective was met.

Plans for the future

Since the year end, TSF has:

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Independent examiner’s report to the trustees of Théâtre Sans Frontières

In the Autumn period and looking towards 2023 and thereafter, TSF will:

Administration and Fundraising

Administration, fundraising and marketing personnel are engaged on short fixed-term contracts, as and when the trustees consider the utilisation of reserves is appropriate or funding has been obtained.

Trustees review financial projections and follow the principles outlined under ‘future funding’ below. Fundraising for the arts has been severely impacted by Covid-19 but TSF has been able to access both Arts Council England Culture Recovery funding and government business support via Northumberland County Council Covid-19 Additional Restrictions Grants. These grants have covered core costs and have been crucial in allowing the charitable company to maintain a satisfactory level of unrestricted reserves while working towards full operation following the Covid-19 pandemic. Both project and core grants remain fundraising priorities, to enable TSF to continue its creative work.

Future funding

TSF will continue with its project funded business model, delivering performances and participatory projects and touring into schools, theatres and community venues. The company has maintained an active profile throughout the Covid-19 pandemic but it remains reliant on external funding to support most of its artistic activities and core costs. The charity will continue to

Circumstances remain extremely challenging for the theatre industry as audience numbers have still not yet returned to pre-pandemic levels and are now threatened by the rise in the cost of living but TSF’s multi-stranded approach and adaptability will enable the company to remain viable.

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Independent examiner’s report to the trustees of Théâtre Sans Frontières

Structure, governance and management

Company Status

The organisation is a charitable company limited by guarantee, incorporated on 30 January 1991 and registered as a charity on 16 May 1995.

The company was set up under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association as amended by special resolutions dated 05 May 1995 and 07 December 2010.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 31 March 2022 was 5 (2021:7).

Board of Trustees

Théâtre Sans Frontières’ governing body is its Board of trustees which currently comprises five people from a variety of backgrounds. The amended Memorandum & Articles of Association allow for a minimum of three and a maximum of twelve trustees. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

All trustees give their time voluntarily and receive no benefits from the charity. No trustee received any remuneration for his or her services as trustee during the year ended 31 March 2022.

New trustees are only recruited when trustees resign or when there is a perceived skills gap on the Board. At present, Théâtre Sans Frontières gives all new trustees an induction pack which includes:

Organisation

The Board of trustees is responsible for the overall management and control of the charity and meets approximately four times a year for full Board meetings plus the Annual General Meeting. The Board is supported by a Finance and Personnel sub-committee which meets more regularly. The charity is run on a day-to-day basis by the two freelance joint artistic directors, Sarah Kemp and John Cobb. Part-time administration and finance staff are employed on short fixed-term contracts and, in addition, the charity commissions work from self-employed actors, directors, designers, writers, composers, marketing personnel, fundraisers etc.

Related parties and relationships with other organisations

The charity is not affiliated with any other organisation.

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DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Independent examiner’s report to the trustees of Théâtre Sans Frontières

Risk management

The charity has continued to monitor the risks to which it is exposed. Financial sustainability is the main financial risk for the charity. A key element in the management of financial risk is the continued close monitoring of available liquid funds. Careful budgeting and management reporting against those budgets continues to ensure that no irreversible commitments are made to projects before adequate funding has been obtained. Unrestricted reserves are closely monitored since provision for core costs while funds are being raised for projects, or final funding instalments awaited, remains a major challenge. Attention has also been focused on non-financial risks arising from fire, health and safety, cyber security and performing rights. These risks are managed by robust policies and procedures, ensuring testing and accreditation is up to date, and risk assessment of all charitable activities.

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Independent examiner’s report to the trustees of Théâtre Sans Frontières

Statement of responsibilities of the Board of trustees

The Board of trustees (who are also directors of Théâtre Sans Frontières Ltd for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Board of trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Board of trustees is required to:

The Board of trustees is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Board of trustees is responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006.

The trustees’ annual report has been approved by the trustees and signed on their behalf by

……………………………………………… Pascale Konyn (Chair)

Date 17 November 2022

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DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Independent examiner’s report to the trustees of Théâtre Sans Frontières

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2022 which are set out on pages 13 to 29.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jennifer Daniel FCCA DChA

Slade & Cooper Limited Beehive Mill, Jersey Street Manchester, M4 6JG Date

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DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited

Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 March 2022

Unrestricted
funds
Note
£
Income from:
Donations
3
2,175
Charitable activities:
4
22,112
Investments
5
5
Total income
24,292
Expenditure on:
Charitable activities:
6
6,010
Total expenditure
6,010
7
18,282
Transfer between funds
-
Net movement in funds for the year
18,282
Reconciliation of funds
Total funds brought forward
24,380
Total funds carried forward
42,662
Net income/(expenditure) for the
year		 Restricted
funds
£
394
106,002
-
106,396
94,736
94,736
11,660
-
11,660
25,715
37,375		 Total funds
2022
£
2,569
128,114
5
130,688
100,746
100,746
29,942
-
29,942
50,095
80,037		 Total funds
2021
£
4,075
47,220
24
51,319
46,839
46,839
4,480
-
4,480
45,615
50,095

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

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DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited Company number 02578163

Balance sheet as at 31 March 2022

Note
£
£
Fixed assets
Tangible assets
12
-
Total fixed assets
-
Current assets
Debtors
13
46,618
Cash at bank and in hand
51,915
Total current assets
98,533
Liabilities
Creditors: amounts falling
due in less than one year
14
(18,496)
Net current assets
80,037
Total assets less current liabilities
80,037
The funds of the charity:
Restricted income funds
16
37,375
Unrestricted income funds
17
42,662
Total charity funds
80,037
2022		 £
£
-
-
4,591
49,129
53,720
(3,625)
50,095
50,095
25,715
24,380
50,095
2021		 £
£
-
-
4,591
49,129
53,720
(3,625)
50,095
50,095
25,715
24,380
50,095
2021
-
50,095
50,095
25,715
24,380
50,095

For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and in accordance with FRS102 SORP, and constitute the annual accounts required by the Companies Act 2006.

The notes on pages 16 to 29 form part of these accounts.

Approved by the trustees on 17/11/2022 and signed on their behalf by:

Pascale Konyn (Chair) Christopher Black

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DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited

Statement of Cash Flows for the year ended 31 March 2022

Note
2022
£
Cash provided by/(used in) operating activities
19
2,781
Cash flows from investing activities:
Dividends, interest, and rents from investments
5
Purchase of tangible fixed assets
-
Cash provided by/(used in) investing activities
5
2,786
Cash and cash equivalents at the beginning of the year
49,129
Cash and cash equivalents at the end of the year
51,915
Increase/(decrease) in cash and cash
equivalents in the year		 2021
£
7,250
24
-
24
7,274
41,855
49,129

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DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited

Notes to the accounts for the year ended 31 March 2022

1 Accounting policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Accounting Practice.

Théâtre Sans Frontières Limited meets the definition 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 note.

b Preparation of the accounts on a going concern basis

The financial statements have been prepared on a going concern basis which assumes that the charitable company will continue in operational existence for the foreseeable future. At the year end TSF had net current assets of £80,037 and its unrestricted free reserves exceeded the amount required by the charity’s reserves policy. The charity’s forecast shows that it will be able to continue as a going concern for at least the next twelve months. As usual, the charity will require some additional external funding if it is to continue over the longer term. The trustees are mindful of the range of challenges posed by the coronavirus pandemic and the current cost of living crisis, but they remain optimistic that the charity will be able to raise sufficient funds to continue in operation for the foreseeable future.

c Judgments and estimates

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

d Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.

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DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited

Notes to the accounts for the year ended 31 March 2022 (continued)

e Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

f Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity.

Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

g Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

h Operating leases

Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease.

i Tangible fixed assets

Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:

Equipment 25% Motor vehicle 25%

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Théâtre Sans Frontières Limited

Notes to the accounts for the year ended 31 March 2022 (continued)

j Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

k Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

l Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

m Pensions

The charity uses a qualifying defined contribution workplace pension scheme to meet its duties as an employer. The charity’s contribution is restricted to the contributions disclosed in note 8. There were no outstanding contributions at the year end.

2 Legal status of the charity

The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office address is disclosed on page 1.

3 Income from donations

Donations
Total by fund 31 March 2022
Total by fund 31 March 2021		 Unrestricted
£
2,175
2,175
1,797		 Restricted
£
394
394
2,278		 Total 2022
£
2,569
2,569		 Total 2021
£
4,075
4,075

18

DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited

Notes to the accounts for the year ended 31 March 2022 (continued)

4 Income from charitable activities

Grants
Arts Council England Project Grant (1)
Arts Council England Project Grant (2)
Community Benefit Fund)
Community Benefit Fund)
Community Foundation (Wellesley Trust)
Culture Bridge North East
DCMS Match Funding
Durham University
HMRC Job Retention Scheme
Localgiving Magic Little Grant
Total grants
Fees and other income
Northumberland County Council Arts
& Heritage
Community Foundation (EDF Energy
Blyth Offshore Demonstrator Wind Farm
Community Foundation (Ventient Sisters
and North Steads Wind Farm
Arts Council England Covid-19
Emergency Response
Northumberland County Council
Cultural Fund
Arts Council England Culture Recovery
Grant Round 2
Arts Council England Culture Recovery
Continuity Support
Total by fund 31 March 2022
Northumberland County Council Covid-
19 Additional Restrictions		 Unrestricted
£
-
-
-
-
-
-
-
-
-
-
500
9,500
1,221
-
11,221
10,891
22,112
-
-		 Restricted
£
-
25,045
18,038
1,270
48,884
8,090
-
-
-
-
-
-
-
-
106,002
-
106,002
4,675
-		 Total 2022
£
-
25,045
18,038
1,270
48,884
8,090
-
-
-
500
9,500
1,221
-
117,223
10,891
128,114
4,675
-		 Total 2021
£
21,645
-
-
-
-
-
-
1,250
445
1,320
2,418
-
12,638
1,256
2,000
3,630
46,602
618
47,220

19

DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited

Notes to the accounts for the year ended 31 March 2022 (continued)

Income from charitable activities - previous reporting period

Grants
Total grants
Fees and other income
Investment income
Income from bank deposits
Northumberland County Council Covid-
19 Additional Restrictions
Northumberland County Council Arts
& Heritage
Northumberland County Council
Cultural Fund
Culture Bridge North East
DCMS Match Funding
Durham University
Arts Council England Covid-19
Emergency Response
Total by fund 31 March 2021
EDF Energy Blyth Offshore
Demonstrator Wind Farm Community
Benefit Fund
HMRC Job Retention Scheme		 Unrestricted
£
-
-
-
-
-
2,418
12,638
1,256
-
16,312
618
16,930		 Restricted
£
21,645
1,250
445
1,320
3,630
-
-
-
2,000
30,290
-
30,290
2022
£
5		 Total 2021
£
21,645
1,250
445
1,320
3,630
2,418
12,638
1,256
2,000
46,602
618
47,220
2021
£
24

5 Investment income

All of the charity's investment income arises from money held in interest bearing deposit accounts. All investment income is unrestricted.

20

DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited

Notes to the accounts for the year ended 31 March 2022 (continued)

6 Analysis of expenditure on charitable activities

Staff costs
Premises costs
Administrative costs
Project development cost
Project costs
Depreciation
Restricted expenditure
Unrestricted expenditure
7
Net income/(expenditure) for the year
This is stated after charging/(crediting):
Depreciation
Independent examiner's remuneration - Independent
examiner's fee
Independent examiner's remuneration - accountancy
fees
Accountancy and independent
examination
Governance costs -
Independent examiner's remuneration - Grant
certification fee		 Total 2022
£
9,982
2,940
8,517
17,393
60,614
-
1,300
100,746
2022
£
94,736
6,010
100,746
2022
£
-
750
250
300		 Total 2021
£
6,055
2,310
6,232
10,751
20,085
506
900
46,839
2021
£
30,376
16,463
46,839
2021
£
506
700
200
-

21

DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited

Notes to the accounts for the year ended 31 March 2022 (continued)

8 Staff costs

Staff costs during the year were as follows:

aff costs during the year were as follows:
Wages and salaries 2022
£
9,982
9,982		 2021
£
6,055
6,055

No employee had employee benefits in excess of £60,000 (2021: Nil).

The average number of staff employed during the period was 1 (2021: 1).

The key management personnel of the charity comprise the trustees and the joint Artistic Directors. The total remuneration of the key management personnel of the charity was £19,676 (2021: £18,252).

9 Trustee remuneration and expenses, and related party transactions

Neither the Board of trustees nor any persons connected with them received any remuneration or reimbursed expenses during the year (2021: Nil).

None of the trustees received travel and subsistence expenses during the year (2021:£Nil).

Aggregate donations from related parties were £80 (2021: £320).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

Pascale Konyn was paid £400 (2021: £Nil) for tour booking services to the charity. The amount owed at the balance sheet date was £Nil (2021: £Nil). No trustees or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year.

22

DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited

Notes to the accounts for the year ended 31 March 2022 (continued)

10 Government grants

The government grants recognised in the accounts were as follows:

Culture Bridge North East
HMRC Job Retention Scheme
Northumberland County Council Arts & Heritage
Northumberland County Council Cultural Fund
DCMS Match Funding
Northumberland County Council Covid-19
Additional Restrictions
Arts Council England Covid-19 Emergency
Response Grant
Arts Council England Culture Recovery Grant
Arts Council England Culture Recovery Continuity
Arts Council England Project Grant (1)
Arts Council England Project Grant (2)		 2022
£
-
25,045
18,038
1,270
48,884
-
-
1,221
9,500
-
-
103,958		 2021
£
21,645
-
-
-
-
1,250
2,418
1,256
12,638
2,000
445
41,652

There were no unfulfilled conditions and contingencies attached to these grants.

11 Corporation tax

The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

12 Fixed assets: tangible assets

Cost
Additions
Disposals
Depreciation
Charge for the year
Disposals
Net book value
At 31 March 2022
At 31 March 2022
At 1 April 2021
At 1 April 2021
At 31 March 2022
At 31 March 2021		 £
70,096
-
70,096
70,096
-
-
70,096
-
-
Equipment		 £
24,906
-
-
24,906
24,906
-
-
24,906
-
-
Vehicles		 £
95,002
-
-
Total
95,002
95,002
-
-
95,002
-
-

23

DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited

Notes to the accounts for the year ended 31 March 2022 (continued)

13 Debtors

Trade debtors
Other debtors
Prepayments and accrued income
14
Creditors: amounts falling due within one year
Trade creditors
Other creditors and accruals
Deferred income
Taxation and social security costs
15
Deferred income
Deferred grant brought forward
Grants received
Released to income from charitable activities
Deferred grants carried forward		 2022
£
4,761
773
41,084
46,618
2022
£
6,961
11,372
-
163
18,496
2022
£
1,221
-
(1,221)
-		 2021
£
-
1,963
2,628
4,591
2021
£
46
2,326
1,221
32
3,625
2021
£
2,576
1,221
(2,576)
1,221

24

DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited

Notes to the accounts for the year ended 31 March 2022 (continued)

16 Analysis of movements in restricted funds

Total
Arts Council England
Culture Recovery
Continuity Support
Arts Council England
National Lottery Project
Grant (2)
Community Foundation
(Ventient Sisters and
North Steads Wind Farm
Community Benefit Fund)
Children and the Arts
Culture Bridge North East
Vattenfall Ray Wind Farm
Community Benefit Fund
Arts Council England
Culture Recovery Grant
Round 2
y
(EDF Energy Blyth
Offshore Demonstrator
Wind Farm Community
Benefit Fund)
Community Foundation
(Wellesley Trust)
Restricted donations
Arts Council England
National Lottery Project
Grant (1)
Hadrian Trust
Rothley Trust
Sylvia Waddilove
Foundation		 Balance at
1 April
2021
£
-
-
9,526
-
2,355
3,587
3,630
-
-
1,000
1,000
1,000
1,832
1,785
25,715		 Income
£
25,045
18,038
1,270
48,884
-
-
-
4,675
8,090
-
-
-
394
106,396		 Expenditure
£
(25,045)
(14,001)
(10,796)
(36,230)
-
(2,453)
(1,065)
-
-
(1,000)
(1,000)
(1,000)
(1,832)
(314)
(94,736)		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Balance at
31 March
2022
£
-
4,037
-
12,654
2,355
1,134
2,565
4,675
8,090
-
-
-
-
1,865
37,375

25

DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited

Notes to the accounts for the year ended 31 March 2022 (continued)

Name of restricted fund Description, nature and purposes of the fund Arts Council England Core costs, Covid-proofing Animal Olympics Tokyo 2020, Culture Recovery Grant masterclasses for older adults, rebuilding reserves Round 2 Arts Council England Core costs, freelance producer and marketeer Culture Recovery Continuity Support Arts Council England Towards the Animal Olympics Tokyo 2020 National Lottery Project Grant (1) Arts Council England Sparking Creativity' - Sherlock Holmes: The Speckled Band and the National Lottery Project Golden Conch Shell R & D Grant (2) Children and the Arts A 'Start' arts participation project for children with little previous arts experience Culture Bridge North East A 'Start' arts participation project for children with little previous arts experience Community Foundation Ti-Jean and his Goat (Wellesley Trust) Ti-Jean and his Goat Community Foundation (Ventient Sisters and North Steads Wind Farm Community Benefit Fund) y (EDF Energy Blyth Towards ‘The Animal Olympics – Tokyo 2020’ Offshore Demonstrator Wind Farm Community Hadrian Trust Towards 'The Animal Olympics - Tokyo 2020' Restricted donations Towards the Adult Drama Group Rothley Trust Towards 'The Animal Olympics - Tokyo 2020' Sylvia Waddilove Towards 'The Animal Olympics - Tokyo 2020' Foundation Vattenfall Ray Wind Farm Towards 'The Animal Olympics - Tokyo 2020' Community Benefit Fund

26

DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited

Notes to the accounts for the year ended 31 March 2022 (continued)

16 Analysis of movements in restricted funds continued

Balance
at 1 April
2020
Income
Expenditure
£
£
£
-
21,645
(21,645)
Arts Council England Nation
10,626
-
(1,100)
Children and the Arts
2,355
-
-
Culture Bridge North East
5,710
1,250
(3,373)
DCMS Match Funding
-
445
(445)
Durham University
-
1,320
(1,320)
EDF Energy Blyth Offshore D
-
3,630
-
Hadrian Trust
1,000
-
-
-
2,000
(2,000)
1,000
1,000
-
-
1,832
-
-
2,278
(493)
Total
18,691
32,568
(30,376)
Northumberland County
Council Cultural Fund
Rothley Trust
Sylvia Waddilove
Foundation
Vattenfall Ray Wind Farm
Community Benefit Fund
Previous reporting
period
Arts Council England Covid-
19 Emergency Response
Restricted donations		 Transfers
£
-
-
-
-
-
-		 Balance
at 31
March
2021
£
-
9,526
2,355
3,587
-
-
3,630
1,000
-
1,000
1,000
1,832
1,785
25,715

27

DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited

Notes to the accounts for the year ended 31 March 2022 (continued)

17 Analysis of movement in unrestricted funds

General fund
General fund
Current reporting
period
Previous reporting
period		 Balance
at 1 April
2021
£
24,380
24,380
Balance
at 1 April
2020
£
22,092
22,092		 Income
£
24,292
24,292
Income
£
18,751
18,751		 Expenditure
£
(6,010)
(6,010)
Expenditure
£
(16,463)
(16,463)		 Transfers
£
-
-
Transfers
£
-		 As at 31
March
2022
£
42,662
42,662
As at 31
March
2021
£
24,380
24,380

18 Analysis of net assets between funds

Tangible fixed assets
Net current assets/(liabilities)
Total		 General
fund
£
-
42,662
42,662		 Restricted
funds
£
-
37,375
37,375		 Total 2022
£
-
80,037
80,037

28

DocuSign Envelope ID: 5F3C0CE1-E000-43E0-8BA1-34E6505C4C06

Théâtre Sans Frontières Limited

Notes to the accounts for the year ended 31 March 2022 (continued)

19 Reconciliation of net movement in funds to net cash flow from operating activities

Net income/(expenditure) for the year
Adjustments for:
Depreciation charge
Interest
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operating
activities		 2022
£
29,942
-
(5)
(42,027)
14,871
2,781		 2021
£
4,480
506
(24)
6,092
(3,804)
7,250

29