Chartty reglstratlon number 1054553
Company rnglstration number 03165836 (England and Wal•sl
BOX CLEVER THEATRE COMPANY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

BOX CLEVER THEATRE COMPANY
LEGAL AND ADMINISTRATIVE INFORMATION
Thistees
T Ahmad
J H Beacham
J F Brown
M Da￿eS
RMAFoley
A Gillle
A M Gowlland
C P Jenkin5
R H Mccrealh
T Parashar
C Smllh
(Appointed 25 Janu8ry 2023)
Charlty nurnbor
1054553
Company numbor
03165836
R•gl8tsred offlce
The Riverhèad Theatro
Victoria Roatl
Louth
LN11 08X
Indepondwlt examln
John Howard FCA
Azets Audit SoNIc*s
2nd Floor
Regis House
45 King William Street
London
EC4R 9AN
Bankers
HS8C Bank PIC
110 Grey Street
Newcaslle
Tyne & Wear
NE16JG
Natlonwld& 8uilding Society
Nationwidè Hous8
Pipèrs Way
Swndon
SN38 1NW
CAF Bank Limitsd
25 Kings Hill Avenue
Kings Hlll
Wtsst Malling
Kent
ME19 4JQ

BOX CLEVER THEATRE COMPANY
CONTENTS
Page
TfUStees' reFort
Independent examifterfs report
Statement of financial act￿￿83
Balance sheet
Notes to Ihe financial statements
7-15

BOX CLEVER THEATRE COMPANY
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE PERIOD ENDED 31 MARCH 2023
The Trustees, who are also Directors of thg ¢hanty for the Purposes of the Companies Act 2006, presgnt their
report lryJelher with the finanryal ststements of the charity for the perfod ended 31 March 2023. which is an
eleven-month period to align the subsequent year with Arts CoLtneil England fundin9. The Trustees have followed
the requirements of the Statement of Recommended Practice ISORPI issued 2015.
The fin8nry81 ststèments have been prepared in accordance wth the 8(rounting poliaes set out the notes of the
rinanaal statements and comply wSth the Charitsbla company5 memorandum and articles of association. the
Companies Act 2006 and 'Accounting and Reporting by Charities.. Slatgment of Recomrnended Practic*
appllcable to charllies preparing their accounts in a¢¢ordanca with the Financial Reporting Standard applicablg In
the UK and Republic of Ireland IFRS 102). (effective 1 January 20191-
Obl•ctlves and activltigs
The object for which the charity has baen establlshed is to advance education lor the public benefft by the
promotion of the arts, in particular. but not exdusivdy, the art of drama. as sel out in the companls goveming
document. We afe a writer-led touring rJ)mpany dgdicat8d to th6 creation of high-quality, contemporary theatr0
for young peo￿&. We tour productions to schooEs. the8lrè$ and venues, and work on creative projects
students in their schools. Locatlons such as libraries, gallerie5 or theatres are also used where students from
proje¢t schools can meet. work together and showcase their ¢r8ab've output.
Whon r8vièwing the CA)mpany's aims and objectNe8 and pl8nnlng futur8 activities. the trustees confimi that they
have referred to the Charity Commlsslon's gui(lanc8 on public ￿nefit. The theatre company relies on grants and
Incomg from faès to o)ver its operational costs. In setting the1gvg1 of f88S, thè trust￿ siva carefvl consideration
lo the need lo ensure that parfomiances are a￿ssIble to our target audiencas, i.e. young people und9r the age
of 18 who are dependefil on others for finanoal support in all areas of the county.
The same objectives and gsjidance are reflected in our 8im lo ènsure that we promote theatre as an actlvity for
all. We are committed lo Equal Opporttjnities and ensure that all job applicants, employees and participants arg
treated equally. We comply fully with the DBS Code of Practicg. r￿Uesting Enhanced DisclosLires for all staff
working with young people. We undertake not to discriminate unfairfy again818ny subject of 8 Dlsdosur6 on the
basis of conviction or othgr Inforniation revealed. When casling, our aim is lo reflect the composition of society 8$
a whole in terms of race, sexuality, gender and disabnity.
In order to ensure that our perfomiances and projects adhere firnly lo the principles of the (x)mpan￿$ objectNes
and that the benefits from acbwties continue lo relatg lo thè aims of th8 charity, thè planning, praparation and
èvaluation of each production and project are thorough and meticulous. Students. teachers. arbsts 8nd fitndèrs
8re actively eng8ggd at soma point In tho process. with the young people, our target audience, most directly
involved in the re5ear¢h and developmtrnt of new prol&rts and productions through our mhearsals in residence.
Thls dlrect ongagem&nl with the work and creative profèssionals offers the sludgnls a unique opportunty to
participate in the culture of their communities and to create theatre which refi8¢ts thgir liv8$ and concerns.
Achl•v•rn•nts and perf¢mian¢•
We are very please<l lo be 8blo lo announ¢e th*. although indu5tsial action has inevitably disrupted some of our
plans to perform in Schools, this has been kapt to 8 minimum and a large proportion of our tours to all parts of the
cx)unty have gone ahead according to plan. Increased sales, particularly of our Shakespeare producttons. hav9
led to a very pleasing rise in audience numbers, something on whith the company wll build in the coming year.
2022-2023 saw the company perfonm lo an audience totsl of 46,261 young people and accompanyng adults in
245 schools and 4 venues.
We have t￿ntinUed to work with local authorities and schools to support tha work that thay do to decrease the
numbers ol young paople who are sadly aff8Cted by road traffic incidents. Our plays for prtmary PL¢pils are Ilvely
and ￿alIStiC but also fun and engaging, teaching the children how to re¢ognis8 th8 d3ng8rs in their own locations
and lake responsibilrty for thelr own safety when travelling to and from school, especAally during a transition year
to secondary school.

BOX CLEVER THEATRE COMPANY
TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2023
Through¢ul the poriod. Getting There, OUT inleraclive play toured from the North Wesl to London having been
commissv)ned by the coun(xls of M8nthesler. Greater Manchestèr, Knowsley, Bury and the London Borough of
Bamet.
74 live perforn)ances were given in 68 s¢hods to pupils in Years 4, 5. 8, 7 and 8 to a total audience
number of 6,965.
98°A of pupils enjoyed the perfomiance and 93% thought that they had leamt more frorn Ihe about
how to be safe near roads and traffic.
100.10 of teachers thought that the play was really good and hgld the att6ntion of the pupils while 100%
found th9 wh918 8XP8rience an important addlllon to Iho pupils, Road Safety education.
In the autumn our production of R L Stevenson's tale of Dr J9kyll's tormenlecl slruggSe with his 81ter e90 Mr Hyde
travelled the (￿nty to Èntèrtain its Gothic horror and lo provide active and engaging support for the
students who were currenyy studying it. 55 perfomiances took place in 35 schools and on8 vgnua. the Union
Theatre in Soulhwark to an audience total of 7.278.
98% of the students enjoyed watchlng the perfom7ance while 97Yo thought that seelng the performance
had b&&n a worthwhile experience.
1000k of the te8chers really enjoye(l the production, thought thg perf0m￿nCe was dramatically effective
and h81d the attention of the students and that it had been a worthwhile experien¢e.
The spring term was dominated by the louis Macbeth and Romeo and Juliet with the creative learns delighted to
be out on the road ag3in for the entirety of their performances.
128 parfomiances of Macbeth were given in 78 sd)ools and 1 vonue to an audience total of 17,261.
97% of the 8tudènl$ who saw the play enJoyed the perfomian¢e and Ilkèd the way in which the
production was stagod and p8fftJrm&d.
100Qh of tga¢hers really enjoyed thi5 production of Macbeth. thought the performance was dram81i¢ally
effective and held the attention of the slud&nts, liked the way in which the performance was stsggd. and
the Characters and events presented, would have supported the students understanding of the play as
piece of theatre rather than as a text on 8 page, that their retention of quotstions would have boen
reinlor¢èd and thèiy pèrception of characters, plot and themes develop.
78 perfomiancas of Romeo and Juliet were given in 48 schools and 2 v8nue$ to an audience tolal of 10.356.
98% of the students who saw the play enjoyed the pèrfomance and Ilked thè way In whlch tho
twoduction was stsggd and p8rfomied.
11XJ% of teachers really enjoyed this projuctlon of Romeo and Juliet and thought that the perfomance
was a worthwhile exp8ri8nco.
The season also induded a tour of a workshop pro¢Ju¢lion of J 8 Priestl8y's An Inspector Calls which engages
tudents actiV91y In the intetrogation and analysis of the characters involved in the life and death of Eva Smith.
The tour delivered 15 workshops to 10 schools in the South East, East. West Midlands, and Lonc*on ie8¢hing a
total of 1,865 students. Rehearsals in Residènce of this produ¢ts'on together with that of Romeo and Juliet
thed 8 further 616 In 18 sessions in 2 London schDSs while Bespoke worksh¢)ps on subjects ranging from the
gnvlronment to GCSE poety erwed 1,920 Students in 11 sessions in 4 sCho￿S and 1 venue.
Flnanclal revlew
Overall a surplus for the period of £10,t27 was generated. The charity is financially dependent on fees paid for
perf0m￿nceS and funding receNed. The charity had totsl incoming resources for the period of £351.050 details
of which are shown on the Statement of Financial Activities. In addition to lees, project grants were also gratefully
received from John Lyon's Ch8rity. Arts Council England, The Foyle Foundation and the Walwyn Chapman
Foundation.
Res•rv•s poll¢y
The charity manage5 tts funds and the grants th8t ￿ receives to ensure that, at any tim6, sufficient roseryes are
availablg to ensure that the o)mmitied projects are compltrted and committed adminislralive costs are wvered.
The InJstees ￿nSid￿r that an appropriate level of free reserves (monies not lied up in fixed assats. rostricted or
deslgnated fvndsl at the period end to bè in thè range of £43,000 to £130.000. besng three to nine mnths of
planned Core expenditure. The actual level of free reserves al th& period end was £123,279.

BOX CLEVER THEATRE COMPANY
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2023
Structure. g¢vemanc• and management
The charity is controtled by ils governing document, a deed of trust. antl constrtutes a limited cOM￿ny. limited by
guarantee, as Oefined by the Companies Act 2(KI6. 11 is govemgd by its Memorandum and Arttcles ofAssouation.
These were amended in June 2018 wth the full consent of the Trustees. A copy ol the amended Arb"des of
Assoclation are sent as an 8ppendix to thls report.
Twsteès ar8 r8cruSled through personal rocc￿lmendatiOn andlor by Invitation and are people whose abilities and
aims a￿ in lune with those of the company's charitab19 purptsse. In tèrms of Pr￿e$S, candidaltrs meet. Sn th8
ffrsl instancg. wsth the Artistic Direcl(Y. They are then invited lo attend a Trustees meeting before a formal
invitation lo join is issued by the 808rd and Artistic Director.
Tru$t•$8 are ultimatsly appointed al the Annual General Meeting of the Charity though they be appointed by
the Board in the interim with AGM prowding confim8tion. AJI new Tnjstses have a period of induction during
which they meet staff and are provided with key information relating to their rights and responslblliknes.
Rof•ronce and admlnlstratlve dètalls
Regislefyd nama of the Charity..
Registered Charity number.
Registered Company number..
Address of the principal 01Tice-
Box Clever Theatrg Company
1054553
03165838
clo The Rtverhead Th8atre
Victoria Street
Lincoln
LN11 OBX
Trustees, who are also dlrectors for the purposes of the Companles Act 2006, during the period of the report up
lo the dale th6 report was approved.
T Ahmed
J H Beacham
J F Brown
M Davies
RMAFoley
A Gillie
A M Gob4land
C P Jènkins
R H M¢Cr8alh
T P8ra5har
C Smith
IAppointed 25 January 2023}
The twsts8s' report was approved by the Bogrri 0fTrust￿.
Brown
Dated..

BOX CLEVER THEATRE COMPANY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BOX CLEVER THEATRE COMPANY
I report lo the Iruslees on rny examination of the financkgl statements of Box Clever Thgatre Company (the
charitable company) for the perknj entjed 31 March 2023.
R•sponslbllltles and basis of report
As the trustees of the ch8ritable ¢y)mp8ny I8nd 81so tts directors for the purposes of company law) you are
rosponslblg for th& preparation of the financial statements in a￿Ordance wilh the requir8ments of the
Companies Ad 20061th8 2006 Act).
Having satisfied myself that the financial ststemenls of the charita1￿8 company are not rgqulred to be audited
under Part 16 of thg 20[￿ Act and ar8 eligible for independent exarninalion, I report in respect of my
examination of the charitable company's financial statements carried out under $o¢tion 145 of the Charities Act
2011 (the 2011 Act). In carrying Out my axamination I have followed all the applicable Directions given by the
Charity Cornmission under section 14515llbl of thè 2011 Act.
lTrd•p•nd•nt oxamlner's statement
Since the charitable company's gross income excee<led £250.000 your examinèr must bo a Mern￿r of a body
listed in section 145 of the 2011 Act. I cA)nfimi thot l am qualrfied lo undertake the examination becausa l am
member of , which is one of the listed bodies.
I have ￿Mpleted my examination. I confimi that no mattgrs have o)ma to my attantion in connectN)n with the
examination giving me cause lo believe that in any material respect-
accounting re￿1￿8 were not kept in respect of tho ¢h8ritable company 8$ required by 8ecbon 386 of tho
tho f7nandal ststgmants do not accord thosa r9cords: or
the financial st81ements do not comply with the accounting rgqulremenls of secdon 39e of the 2006 Act
othor than any requirement that the accounts give a true and fair view which is not a matter considered as
part of an Independent examln8fjon', or
the financi81 statements have not bèen prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting reporbng by charities applicable lo ch8rilies
prepating their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and
Republic of Ireland IFRS 1021.
I hav$ no eoneams and havè come across no oth8r mattars in connection ¥￿th thè axamln*lon to which
attention should be drawn in this reptsrt in order ltr enable a proper understanding of the finanryal statements to
be reached.
John Howard FCA
2nd Floor
Regis House
45 Klng Wllllam Street
London
EC4R 9AN
2 November 2023

BOX CLEVER THEATRE COMPANY
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE PERIOD ENDED 31 MARCH 2023
unr•s￿¢￿d Restrlctsd
fvnds
funds
31 March
31 March
2023
2023
Total UnfèStrl¢ted Restrfctgd
funds
funds
31 March30 Aprfl 202230 Aprll 202230 Aprfl 2022
2023
Total
Not•s
m• and
Donations and lega￿eS
Charitable activities
Investments
Other income
1.784
295.457
532
23,777
29,500
31,284
295.457
532
23.777
46,526
215,463
52
9,392
42.000
88,528
215,463
52
9.392
Total Income
321.550
29.500
351,050
271,433
42.000
313.433
ndltur• on..
Raising funds
9,106
9,106
9,348
9,348
Charitat4e activltles
301,451
29.5
330.951
267,074
59.507
326.581
Total expondltur•
310,557
29.500
340,0sr
276.422
59.507
335.929
Net In¢omelloxpendStur•} for
th8 p•rlodl
Not mov•ment In fvnd$
10,993
10.993
14,989}
{17.5071
122.4961
Fund balances at 1 May 2022
119.685
119,685
124,674
17,507
142,181
Fund balan¢e$ at 31 March
2023
130.678
130,678
119.685
119,685
Th8 statement of financial activlfjes indudes all gains and losses recogniwl in lh• period.
l income and expenditure derive from Continuing activities.
The statement of finanaal acbvsknes a150 ￿m[￿leS wth the requirements for an In￿Me and expendibjre aC(￿Unt
under the Companles Act 2006.

BOX CLEVER THEATRE COMPANY
BALANCE SHEET
ASAT31 MARCH 2023
31 March 2023
30 Aprll 2022
Fixed assets
Tangl￿e assets
13
1,266
1,683
Curr•nt ass•ts
D8btors
Cash al bank and in hand
14
118,748
148,564
38,465
130,697
267.312
169.162
Credltor8: arnountB falllng duo wlthln
on• y•ar
15
{137.900}
151,160)
Net ¢urronl assgts
129,412
118.002
Total assets le4* current liabilities
130,678
119.685
Incomè funds
Unrestrscted fttnds
Deslgnated funds
Goneral unrestricted funds
17
6,133
124.545
6.133
113.552
130,678
119,685
130.678
119,685
The company Is entiued to the exemption from the audit requirement contsined in section 477 of th? Companies Acl
2006, for the period ended 31 March 2023.
The directors acknowledge their responsibllitles for COM￿ying with the require￿￿￿15 of the Companies Act 2008
with r¢spect to a¢¢ounting records and the preparation of financial stalernents.
Thè members have not required the company lo obtsin an audit of its flnancial Statements for the period in question
in accordance with section 476.
Thesè financial $tatemgnts have been pr8par8d in accordance wth the prow3ions applicable to ￿1MpanieS $ubJ'8cI
lo the small companies regime.
/.f.. 2uL3
The ffinancial statements were approved by the Trustees on.. .
ru8ts8
Company rnglstratlon nurn￿r 03165836

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023
Accountlng policies
Charfty Informatlon
Box Clever Theatre Company is a ￿vate comp8ny limited by guarantee Inco￿ in England and Wales.
The registered office i8 .
The charitable company is a eompany limited by guranlgee. They Memorandum of Association restricts the
Ilability of members on wlndSng up lo £1 un19$s their liability becomes unlimited through oJnlravention of thè
Memorandum. In the case of winding up none of Ihtt accumulaled fvnds are distributed lo the members bul
shall bg givgn or transferred to some othèr charitable institutions having similar objectives .
Th& tharllable company mgets th• definitlon of a public benefit entity 4Jnder FRS 102.
1.1 R•p¢rtlng porfod
During the perfod. the ¢harltsbl8 Umnpany brought forward its year end from 30 April to 31 Marth lo align the
subsequent year with Arts CounThl England fvnding.
1.2 A¢¢ountlng convontlon
The financial statements have been prepared in accordance wlh the charitable companys goveTning
document5,
the Companies Act 2006 and 'Accounting and Reporting by Charittes.. Statement of
Recomm￿ded Practice applicable to charities preparing their acrcunts in accordance with the Financial
Reporbng Standard 8pplicable in th8 UK and Republrc of Irèland IFRS 1021 {effedlve 1 January 20191.. The
charitable t￿panY 18 a Public Benefft Entity as defined by FRS 102.
The charitsble c£*mparry has taken advantage of the prowsions in trlè SORP for ch8rili8s applying FRS 102
Update Bulletin 1 not lo prepare a Statement of Cash Flows.
The finan¢Tral slalemonts are p￿pared in Sterfing. which is thè function81 cutron¢y of the ¢h8rilable compafty.
Monetary arno￿￿ts in these financial ststements are rounded to the ngarest £.
The finanryal s18tements have been prepared under the historic41 CA)sl convention, Imodrfied to indude the
revaluation of freehold properties and to indude investment propert￿ and wiain financial instrufflents at fair
valuel. The principal accounting pdicies adopted are sel out below.
Reducèd Di$¢lo#kur• Ex•mptions
The charrtable company has tsk&n advantsge of the followng disdosure exemption in p￿paring these
financial statemBnts, as pemiitted by FRS 102 Yh¢ Financial Reporting Standard applicable in the UK and
Republic of Ireland"
1.3 Golng ￿nCern
After reviewng the charitys forecasts and projecttons and taking into account the economic conditFons ar
possiblo ¢h8nggs in trading perfom8nce, the Trustèes hav8 3 ￿asOnable expectstion that tt)e charity has
adequate resources to continue in operational existence for the foreseeable fvbjre. The charity therefore
Continues lo adopt thè g￿ng cone*m basis in preparing the fin8nci81 stslements.
Consequendy, the Iwslees have a reaSona￿e exp8ctstion th81 th6 charity wll have Sufficient funds to
continue to meet its liabilities as they fall due to the foreseeable futufe and therefore have prepared the
financial ststsmgnts on a going mncern basis
1A Charltable funds
Unr&8tricted fijnds are available for use at the discretion of tho trustees in frjrtherance of thelr d)arft8ble
objectives.
Designated fvnd3 compri8e funds which h8ve beeft $st 8sid$ at th• discretion of the ITusts¢$ for $p$¢tftc
purposes. The purposes and uses of the designated funds are set out in the notes lo the financial stalernents.

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2023
Ac¢ountln9 pollcl88
{Contlnuodl
Reslricted fijnds are Subject to specific conditions by donors as to how they may be u*l. Th8 purposes and
uses of th¢ re*ricted fijnds are set out In the notss lo the financlal statsmenls.
1.5 In¢om•
All incoming resources are induded in the Statement of Financial Activities {SoFAI whèn thé charity is legally
entitlad lo the incoma aftar any perfomance conditions have been mot. the amount can be measured reliably
and (( is probable that the inojme will be recewed.
Donations and legarAes including core grants. sponsorship and grfts are indudod in fvll in the Ststgmenl of
Financial Actiwties when receivable. Grants. where enmgment Is not rxffiditional on the delivery of a specific
rformance by the charity, are recognised when the tharity becomes unconditionally entil8d to the grant.
Incoming resources from charitable activates indudes ino)me from perf0m￿nCe fees received under contract.
Gr8nl income induded in this category provided funding to support perfomance 8Cttvilies. touring or
workshop projects and is recognised where there is entillemenl, certainty ol receipl and th8 amount can be
measured wlh sufficient reliability.
Inv&slm8nl In¢omè is induded when Teceivable.
Grants reeeived for speafic purposes aro treated as rèslri¢t8(I ful￿. In￿me is deleTred vthen perfomiance
fees or grants are recelvad In 8dvanc8 of the perfomi8n¢e or event to which they relate.
1.6 Exp•ndltur•
All expenditure 1$ ac¢ountsd lor on an a¢cnJals basis and has been dassffied under headrngs th81 aggregate
all costs related to the category. Expenditure is rocognis8d wh8r8 th&re is a Iggal or constructive obligatic*n to
make payments to third parties, il Is probable that the sewement will be required and the 8mount of the
obligation can be measurgd reliably. It is ¢ategorised under the following headin9S.'
C05t of raising fijnds ara those costs incurred in attracting vduntary income.
Charitable expenditu￿ comprises those costs incyffed by the tharty In the stsging ol its projecls and
perfomances. 11 indudes bjth costs allo(*d dir• to Such actiwiies and those costs of an indirect nature
nacassary to support them.
1.7 Tanglble flx•d ass•ts
Depreciation is recognised so a$ to write off the cost or valuatlon of assets loss their residuol volue$ over their
useful Ilvgs on the following bases..
FLxtures and fittings
25V• on i))st
1.8 Cash and cash equlvalents
Cash and cash equivalents indude cash in hand, deposrts held al call with banks. other short-term liquid
investments original maturities of thr80 nK)nths or less, 8nd bank overdrafts. Bank owrdrafts are shovm
thin borrowngs in ¢urrenl liabilitie5.
1.9 Flnanclal Instruments
The charty only has financial assets and financial liabilthes of a kind that qualfy as basic finanaal
instnjments. Basic financ¢al instruments are in￿allY rec4Jgnised at transadon value and subsequently
measured at their 8etUement value.

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2023
Aceountlng pollcl•s
IContlnu•dl
1.10 Taxatlon
The charitable company 1$ considered to pass the tssts set ¢wt In Paragraph 1 Schedule 6 Finance Act 2010
and therefore it meets the definition of a charitsble ￿rnpany for UK corporation tsx purposes. Accordingly,
the charity is polenli8lly exempt from tsxatior* in respect of income or capital gains received within categories
covered by Chapter 3 Part11 Corporation Tax Act 2010 or Section 256 of thè Taxation of charg88￿e GaFnsAct
1992, to the extent that Such Income or gains arg applied exclusively to charitable purpos8s.
1.11 Retlrement beneflt8
The charitable company operates a defined ￿￿tributiOn penslon Scheme. Contrfbulions poyoblo to Ihe
charitabl8 companls pension scheme are charged to the Statement of Financial Activities in the perithl lo
vthich they relate.
1.12 Leases
The charity dassifies the rentsl lease as an operating le88e8. where substsnti811y 811 of the benefits and rtsks
of ownership remain with the lessor.
Rental charges are Charged on 8 straight Ilno basis ovar the of the lease.
1.13 All*)¢atlon of 8UPPOrt and gov•rnan¢• costs
SupkKJrt costs ar8 those th81 asgst work of the thatity but do not dlrody represent tharitsble advilies
and include govemance costs, administrative office fijnction costs, depre￿allon, HR and recruitment, and
premSses costs. Th9y are incurred dlrecdy In support of exp8nditurfy on the ob5e¢ts of the thartta￿e company.
Governance ￿51$ comprise all ￿sts involving the public accountsbility of the charTty 8nd its compliance wlh
regulaJon and good practlee. These costs indudo costs related to the independent examlnation fees.
Support and govem8rTr costs have been 100*0 allocated to th$ tharitsble activity.
1.14 D•btors
Trade and other debtors are reo)gnised al the settlement amount due. Prepayments are valued at the amount
PT8paid. Aeerued Incomè is masured at lh8 amount due to ￿ received.
1.15 Credltors
Crodilors recognised where the charity has a present obligation resulting from a past 8vent that will probably
result in transfer of funds to a third party and the amount due to settle the obligation can be measured or
esumaled rgllabty.
Oiher credttors and ac(yu81s reciyJni8ed at thelr sotugmgnt amount duo.
Crltlul accountlng 8Stlmatos and Judg•m•nts
In the application of the charitable company's ac£ounllng pollcies. the trusteés are required to make
jLKigements. estimates and assumptions atrNyJt the carrying amount of assets and liabilities that are not readily
apparent from other sources. The estimates and associale<l as$umpllon$ are b8sed on historical experience
and other factor5 that are considered to be relevant. Actual results may differ from these estimates.
Th8 estimates and undodying assumptions are reviewed on an ongoing basis. Rovisions to accounting
estimates 8ie re(￿nIs?￿ in the period in whith the estimatè is revised whor* the revision affècts only that
p8riod. or in the period of thg rgwsion and future perlods whera the revisH)n affects bolh currgnt and fijture
riods.

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2023
Donatlon¥ and l•gacl
Unrestrlcted Ro$trlct•d
funds
funds
Totsl Unrestricted Rèstricted
funds
funds
Total
31 March 31 March 31 March 30 April 2022 30 April 2022 30April 2022
2023
2023
2023
Donations and glfts
Project grants
Other
1,765
1.765
29,500
19
46,507
46.507
42.000
19
29.500
42.000
19
19
1.784
29,5
31,284
46.526
42,000
88,S26
Charit4bl& o¢fjvltl•s
31 Mar¢h
2023
30 Aprll
2022
Production fees
295,457
215,463
Investments
Unrestrictsd Unrestricted
funds
fvnds
31 March 30 Wil 2022
2023
Interest received
532
52
Other In¢om•
unrestr1¢t￿ Unrestricted
funds
31 March 30 April 2022
2023
Theatre Tax reliof
23,777
9,392
10-

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2023
Ralslng funds
Unrnstrlcted Unresfricted
funds
bjnds
31 PAarch 30 April 2022
2023
Fundraisin
Advertising
Staff costs
and ublici
549
8,799
Fundrnising and publicity
9.106
9,106
9,348
Charitabl• aetlvftl•s
Edu¢atlon Edu¢•tion
Through
Through
31 March
2023
30April
2022
Staff costs
Transport and fuel
Travel an(1 accomodation
Production cDsts
171,473
53,591
1,943
32.981
148,921
34,524
1,669
59.053
259.988
244.167
Share of support costs1808 nolo 91
Share of govèrnance Costs {see not¢ 91
66,663
4.300
77,439
4,975
330,951
326,581
Anatysls by fund
Unrestrided fUr￿S
Restii¢ted funds
301,451
29.500
267.074
59.507
330.951
326.581
11

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2023
Support co#ts
Support Goveman¢e
31 Mar¢hSuppNt ￿$ts Governance 30 April 2022
2023
)sls
Staff costs
Depreciation
Subscriptions
Rent
Bank charges
Repairs and ￿now81$
R8tes and water
In$ur8nce
Telephone
Postage and $tslionery
Other costs
34,143
1.431
2,669
2,400
417
8,211
34,143
1,431
2,669
2,400
417
8,211
37,180
1,559
7,360
7,352
464
4.560
168)
2.922
1.250
40
14,820
37.180
1,559
7,360
7,352
464
4.560
681
2.922
1,250
40
14,820
2,419
314
238
14.421
2.419
314
238
14,421
Independent Examination
4.300
4.300
4,975
4,975
66.663
4.300
70,963
77,439
4,975
82.414
Anatysèd betweèn
Charitable activibes
66,663
4.300
70,963
77,439
4.975
82,414
10 N•t mov•m•nt In funds
31 Mar¢h 2023 30 Aprll 2022
Net movemenl In funds is ststed 8fter chargiW{crediting)
Fees payable to the compan￿$ auditor for the audil of the cornpanls financial
statements
Depreclatlon of owngd tsngible fixed assets
4.300
1.431
4,975
1,559
11 Trustees
Nonè of the trus￿$ lor any ptrr8ons ¢onnected wth them) received any remun8rdtion or beneffts from trÈ
ar1¢8ble o)mpany durong the period.
12 Employee8
The average monthly number of employees during the period wa$..
31 March 2023 30 Aprll 2022
NuM￿r
Numb•r
12.

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2023
12 Empl¢y••$
IContlnu¢d)
Employmgnt ¢osts
31 March 2023 30 Aprll 2022
Wages and salaries
S￿la1 $9¢urfty costs
Other pension costs
210.496
128
3.214
191.371
1.011
2,518
213.838
194.900
The charitable ￿MpanY has also utilised 9 {2022'. 91 freelance staff in the Feric*J.
Employee time has teen allocated either,.
i) To direcl costs on a percentage of the timè spent by an employee on an a¢tivtty
ill lo support costs allocated on a percentage basis over all c4JStS.
No ernployee received emoluments of more than £60,00012022'. none)
The key management of the charilable company cLJmprise of the Tnjstees and the Arflstic Difector. Th8
Trustees do not receNe any remuneraJon for thls role.
The total employ￿ b8ngfits of the key management Pgrsonnel for the ¢haiilable o)mp8ny w8r8 £44.715
12022- £46,587).
There were no employees whose annual remuneration was more than £eo,000.
13 Tanglbl• fix•d •$s•ts
Flxtureg andfftllng8
At 1 May 2022
Additson8
12.217
1,014
At 31 March 2023
13.231
Dtspre¢latlon and ImpalM￿nt
At 1 May 2022
DePwati￿ charged In the period
10.534
1.431
At 31 March 2023
11,965
Carrylng amount
At 31 Ma￿h 2023
1,266
At 30April 2022
1,683
13-

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2023
14 ￿bIorS
31 March 2023 30 April 2022
Amounts faSllng duo wlthin one ye•r:
32,930
5,535
Tlade debtors
Other debtor8
110,126
8,622
118,748
38.465
15 Cr•dltors: amounts falllng duo wtthln y•ar
31 March 2023 30 Aprfl 2022
Other tsxation and soclal security
Trade credito
other creditors
Acffljals and deferred ino)me
27,163
9,946
83
100,708
13.679
15.435
2,607
19,439
137,900
51.160
16 Rostrlct•d funds
The income funds of the ch8rity include restricted funds coThprising the follo￿ng unoxpen<lgd balances of
donations anfj grants held on trust for spècific purposes..
Mov•mgnt In fvnds
Movement In lunds
In¢omlng
Resourc•8 Balance at
Incomlng
Résouree8
Balarv at
r•soUrC￿ •xp•nd8d 1 M•y 2022 r05QUYte* •xp¢nd8d 31 MaTGh 2023
1 2021
City of
London
Bridge Tnjsl
ACE Outsld8
the Box
John Lyons
Op8n Box
8.812
26.000
134.8121
8.695
16.000
124,6951
129,5001
17,507
42,000
{59,5071
129,5001
The John Lyons gfant supported Tehgarsals in residence 8t secondary schools in North West London,. Th
Inspactor Calls al King8bury High School and Romeo and Juliet at Harrow High School.
14-

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2023
17 Doslgnated fund$
These are designated funds vthlch are motertal to the chaiitable ¢ompanV$ acliwtles m8d$ ijp as follows..
Balane8 at
1 May 2021
Incomlng
Balance at
31 Ma￿h 2023
1 May 2022
Modemisatlon and Inftastructure fijnd
Productson Fund
Relocation Fund
ShowcaselEvents
PrcMJuct Devdopment
2,852
1,013
9,569
1.980
12,8521
1,013
1,569
1,980
1.571
1,013
1.569
1.980
1.571
18,0001
1,571
15.414
{9,281)
6,133
8,133
18 Related party transaction¥
There Wtr￿ no related party transactions during the period12022- £nlll.
15-