Charity registration number 1054553
Company registration number 03165836 (England and Wales)
BOX CLEVER THEATRE COMPANY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

BOX CLEVER THEATRE COMPANY
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
T Ahmed
J H Beacham
J F Brown
M Davies
RMAFoley
A Gillie
A M Gowlland
C P Jenkins
R H Mccreath
T Parashar
C Smith
Charity number
1054553
Company number
03165836
Registered oiTIGe
Blackfriars Theatre and Arts Cent
Spain Lan
Boston
Lincolnshire
PE216HP
Independent examiner
John Howard FCA
Azets Audit Services
2nd Floor
Regis House
45 King William Street
London
EC4R 9AN
Bankers
HSBC Bank PIC
110 Grey Street
Newcastle
Tyne & Wear
NE16JG
Nationwide Building Society
Nationwide House
Pipers Way
Swindon
SN38 1 NW
CAF Bank Limited
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ

BOX CLEVER THEATRE COMPANY
CONTENTS
Page
Trustees, report
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes to the financial statements
8-17

BOX CLEVER THEATRE COMPANY
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees, who are also Directors of the charity for the purposes of the Companies Act 2006, present their
report together with the financial statements of the charity for the year ended 31 March 2024. The Trustees have
followed the requirements of the Statement of Recommended Practi￿ (SORP) issued in October 2019.
The financial statements have been prepared in accordance with the accounting policies set out in the notes of
the financial statements and comply with the charitsble company's memorandum and articles of association, the
Companies Act 2006 and "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 RepubliG of Ireland {FRS 102)" (effective 1 January 2019).
Objectlves and actlvltles
The object for which the charity has been established is to advan￿ education for the public benefit by the
promotion of the arts, in particular, but not exclusively, the art of drama, as set out in the company's governing
document. We are a writer-led touring company dedicated to the creation of high-quality, contemporary theatre
for young people. We tour productions to schools. theatres and venues, and work on creative projects with
students in their schools. Locations such as libraries, galleries or theatres are also used where students from
project schools Gan meet, work together and showcase their creative output.
When reviewing the company's aims and objectives and planning future activities, the trustees confirm that they
have referred to the Charity Commission's guidance on public benefit. The theatre company relies on grants and
income from fees to cover its operational costs. In setting the level of fees, the trustees give careful consideration
to the need to ensure that performances are accessible to our target audiences, i.e. young people under the age
of 18 who are dependent on others for financial support in all areas of the country.
The same objectives and guidance are reflected in our aim to ensure that we promote theatre as an activity for
all. We are committed to Equal Opportunities and ensure that all job applicants, employees and participants are
treated equally. We comply fully with the DBS Code of Practice. requesting Enhanced Disclosures for all staff
working wilh young people. We undertake not to discriminate unfairfy against any subject of a Disclosure on the
basis of conviction or other information revealed. When casting, our aim is to reflect the composition of society as
a whole in temis of race, sexuality. gender and disability.
In order to ensure that our perfom)ances and projects adhere fimily to the principles of the company's objectives
and that the benefits from its activities continue to relate to the aims of the charity. the planning. preparation and
evaluation of each production and project are thorough and meticulous. Students, teachers, artists and funders
are actively engaged at some point in the pro￿sS. with the young people. our target audience, most directly
involved in the research and development of new projects and productions through our rehearsals in residence.
This direGI engagement with the work and creative professionals offers the students a unique opportunity to
participate in the culture of their communities and to create theatre which reflects their lives and concems.
Achievements and performance
In 2023-2024, despite the financial constraints many schools are experiencing. on-going induslrial action, and
the disruption caused by the RAAC crisis, we achieved yet another sound year in which we performed to 42, 949
young people and accompanying adults and members of the general public in 205 schools and 3 venues, giving
391 performances and workshops.
We have continued to work with local authorities, primary and secondary schools to support the work that they do
to decrease the numbers of young people who are sadly affected by road traffic inGidents. Our productions for
younger pupils are lively and realistic but also fun and engaging, teaching the children how to recognise the
dangers in their own locations and take responsibility for their own safety when travelling to and from school,
especially during a transition year to seGondary school.

BOX CLEVER THEATRE COMPANY
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Throughout 2023 Getting There, our interactive play, toured On￿ again from the North West to London, having
been commissioned by the councils of Manchester, Greater Manchester, Knowsley, and the London Borough of
Barnet, the latter supported by John Lyons Charity. It will also be showcased to audiences in the South West as
part of a festival of our plays at Bath Theatre Royal in April 2024.
39 performances were given in 37 schools to pupils in Years 4-9 to a total audience number of 4,411
99 % of pupils enjoyed the perfomiance and 970/0 thought that they had leamt more from the play about
how to be safe near roads and traffic.
100 % of teachers thought that the play was really good and held the attention of the pupils while 100 %
found the whole experience an important addition to the pupils, Road Safety education.
In the autumn, our active support for secondary school students moved to the vivid dramatisation of two key
novellas from the GCSE syllabus: R L Stevenson's The Strange Case of Dr Jekyll and Mr Hyde and Charles
Dickens, A Christmas Carol. Both productions toured nationally.
Jekyll and Hyde was perfonned in schools in Yorkshire and the Humber, the East and West Midlands, and
London and the South East.
33 performances were given in 18 schools and 2 venues: The Union Theatre, Southwark and The
Riverhead Theatre. Louth, to an audience total of 4,636.
98 % of the students both enjoyed watching the performance and 949￿ would recommend this production
to other students who are or who will be studying the novella.
100 % of the teachers really enjoyed the production, thought the performance was dramatically effective
and held the attention of Ihe students and thal it had been a worthwhile experience.
A Christmas Carol was performed in schools in the North, the North East, Yorkshire and the Humber, the East
and West Midlands, the East. London, the South East and the South West.
60 performances were given in 37 schools and one venue. The Union Theatre, Southwark lo an
audience total of 8,096.
98 % of the students both enjoyed watching the perforniance and thought that seeing the production was
a worthwhile experience.
1000/0 of the teachers really enjoyed the production, thought the perfomiance was lively, energetic and
dramatically effective which held the attention of the students and that it had been a worthwhile
experience.
The spring term saw the return of our dynamic and much valued adaptations of the Shakespeare texts most
taught in schools. productions which are designed not only to draw students fully into a live. dramatic
performance of a play but also develop their understanding of text, context and themes and reinforce their
retention of key quotations.
117 performances of Macbeth were given in 71 schools and 3 venues: The Union Theatre, Southwark.
the Theatre Royal, Bath and The Riverhead Thealre, Louth, to an audience total of 15,826.
98 % of the students who saw the play enjoyed the perfom)ance and 96°/0 liked the way in which the
production was staged and perfomied and thought that watching it had been a worthwhile experien￿.
100 % of teachers really enjoyed this production of Macbeth, thought the performance was dramatically
effective and held the attention of the students, liked the way in which the perfomance was staged, and
the characters and events presented. would have supported the students understanding of the play as a
piece of theatre rather than as a lext on a page, that their retention of quotalions would have been
reinforced and their perception of characters, plot and themes develop and that seeing the play had
been a worthwhile experience.
71 perforMan￿S of Romeo and Juliet were given in 40 schools and 3 venues.. The Union Theatre, Southwark,
the Theatre Royal, Bath and The Riverhead Theatre. Louth, to an audien￿ total of 8,834.
98 % of the students who saw the play enjoyed the perfomiance and 96°/0 liked the way in which the
production was staged and perfomied.
95 % of teachers thought that the performance was dramatically effective, would have supported the
students understanding of the text as a piece of theatre and that seeing the play had been a worthwhile
experience.

BOX CLEVER THEATRE COMPANY
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Engaging students fully in both the response to and the creation of theatre, rather than regarding them as mere
passive observers is a central part of the company s ethos. All productions include workshop elements either
during the performance or after the play has finished. and we also ran individual workshops on set texts or
subjects requested by schools.
However. Ihis season we have developed this strand of our work further. Words of Mouth which involved
students from three Lincolnshire schools focused on the craft of writing with actors from the company working
with, supporting and inspiring the creativity of the young people. The pieces that they produced were then
performed at The Riverhead Theatre. Louth.
The theatre also hosted two Clever Crèatives sessions during the Autumn and Spring half-tems during which
students were invited to join sessions on the craft of acting and work together to create a new piece of theatre.
Students from 5 Lincolnshire schools and one who was home-sch¢x)led attended the sessions.
Finally. Rehearsals in Residence have now been fully integrated into the company's schedule so that students
are able to see the processes that are involved in preparing a play for perfomiance and contribute their own
ideas to staging and presentation. This season Kingsbury High School in London hosted A Christmas Carol,
Jekyll and Hyde was welcomed by The Priory Witham Academy, Lincoln, Macbeth rehearsed in front of students
at King Edward Vl Grammar School, Louth and Romeo and Juliet at Lincoln Christ's Hospital School.
Financial review
Overall a deficit for the year of £32,723 {2023= surplus of £10,993) was generated. The charity is financially
dependent on fees paid for performances and funding received. The charity had total incoming resources for the
year of £428,08312023'. £351,050) detsils of which are shown on the Statemenl of Financial Activities. In addition
to fees, project grants were also gratefully received from John Lyons Charity, Arts Council England and the
Walwyn Chapman Foundation.
Reserves policy
The charity manages its funds and the grants that it receives to ensure that, at any time, sufficient reserves are
available to ensure that the committed projects are completed and committed administrative costs are covered.
The trustees consider that an appropriate level of free reserves (monies not tied up in fixed assets, restricted or
designated funds) at the year end to be in the range of £33,000 to £100,000. being three lo nine months of core
expenditure. The actual level of free reserves at the year end was £90.551 {2023.. £123,279).

BOX CLEVER THEATRE COMPANY
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Structure, govemance and management
The charity is controlled by its goveming docjjment, a deed of trusL and ￿nStituteS a limited company. limited by
guarantee. as defined by the Companies Act 2006. It is govemed by its Memorandum and Artides of Association.
These were amended in June 2018 with the full consent of the Trustees. A copy of the amended Artides of
Assoctation are sent as an appendix to this reF￿
Trustees are recruited through p8rsonal recommendation andlor by invitation and are people vthose abilities and
aims are in tune with those of the companls charitable purpose. In terms of prO￿S$. candidates m88t, in the
firsl instance, with the Artislic Director. They are then inviled to attend a Trustees meeting before a formal
invitation to join is issued by the Board and Artistic Director.
Trustees are ultimatdy appointèd at thè Annual General Meeting of the Charity though they can be appointed by
the Board in the interim with AGM providing confim)ation. AJI new Trustees have a peri¢)d of induction during
which they meet staff and are provided wÉth key infom7ati￿ relating to their rights and responsibilrfies.
Reference and adminlstrativ8 detalls
Registered name of the Charity:
Registèrèd Charity number.
Registered Company number:
Address of the principal Off￿:
Box Clever Theatre Company
1054553
03165836
cjo The RNerhead Theatre
Wictoria Street
Lincoln
LN11 OBX
Trustees, who are also dir8Ctors for the purpos8s of the Companies Act 2006, durÉng the period of the report up
to the date the report was approved.
T Ahmed
J H Beacham
J F Brovm
M Davies
RMAFoley
A Gillia
A M Govlland
C P Jenkins
R H Mccreath
T Parashar
C Smith
The trustees, ￿port was approved by the Board of Trustees.
Brown
Dated: .13... 0..L.Lef 2 ts&4-

BOX CLEVER THEATRE COMPANY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BOX CLEVER THEATRE COMPANY
I report to the trustees on my examination of the financial statements of Box Clever Theatre Company (the
Gharitable company) for the year ended 31 MarGh 2024.
Responsibilities and basis of report
As the trustees of the charitable company (and also its directors for the purposes of company law) you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies AGt 2006 (the 2006 Ad).
Having satisfied myself that the financial statements of the charitable 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 the charitable company s financial statements carried out under section 145 of the Charities AGt
2011 {the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the
Charity Commission under section 145(5}(b) of the 2011 Act.
Independent examinerfs statement
Since the charitable company s gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the 2011 Act. I confimi that l am qualified to undertake the examination because l am a
member of ICAEW, which is one of the listed bodies.
I have completed my examination. I confimi that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect=
accounting records were not kept in respect of the charitable company as required by section 386 of the
2006 Act" or
the financial statements do not accord with those records" or
the financial statements 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
the financial statements have not been prepared in accordan￿ with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to Gharities
preparing their accounts in accordan￿ viith the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102).
I have no Goncems 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 financial statements to
be reached.
John Howard FCA
2nd Floor
Regis House
45 King William Street
London
EC4R 9AN
l November 2024
Dated:.........................

BOX CLEVER THEATRE COMPANY
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Restricted
funds
funds
31 March
31 March
2024
2024
Total
Unrestricted Restricted
funds
funds
31 March
31 March
2023
2023
Total
31 March
2024
31 March
2023
Notes
Income and endowments from:
Donations and
legacies
Charitable activities
Investments
Other income
82,978
273,002
1,768
19,428
50,907
133,885
273.002
1.768
19.428
1,784
295,457
532
23,777
29,500
31,284
295,457
532
23,777
Total income
377,176
50,907
428,083
321,550
29,500
351,050
Ex
enditure on:
Raising funds
10.192
10.192
9,106
9,106
Charitable activities
399,707
50,907
450,614
301,451
29,500
330,951
Total expenditure
409,899
50,907
460.806
310,557
29,500
340,057
Net {expenditure)Ilncome
for the yearl
Net movement in funds
{32,723)
(32,723)
10,993
10,993
Fund balances at 1 April
2023
130.678
130.678
119,685
119,685
Fund balances at 31
March 2024
97,955
97,955
130,678
130,678
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The slatement of financial activities also complies with the requirements for an income and expenditure account
under the Companies Act 2006.

BOX CLEVER THEATRE COMPANY
BALANCE SHEET
ASAT 31 MARCH 2024
31 March 2024
31 March 2023
Fixed assets
Tangible assets
14
1,271
1,266
Current assets
Debtors
Cash at bank and in hand
15
78.658
111,693
118,748
148.564
190.351
267,312
Credilors: amounts falllng due wlthin
one year
16
(93.667)
{137,900)
N8t curr8nt assets
129,412
Total assets less current liabilities
97,955
130,678
Income funds
Unrestricted funds
Designated funds
General unrestricted fijnds
18
6,133
91.822
6.133
124,545
97,955
130,678
97,955
130.678
The company is entitied to the eXeM￿lOn from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2024.
The directors acknowledg8 th8ir responsibilities for complying with the requirements of the Companies Art 2006
with resped to a¢￿￿nting records and the preparatM)n of financial statements.
The members have not required the company to oblain an audit of its financial statements for the year in question in
accordance with section 476.
These financial ststements have been prepared in a¢o)rdance wyth the provistons applicable to companies subject
to the small companies regime.
The financial ststements We￿ approved by the Trustees on ...
f IGZ+-
Brown
Trusts¢
Company registration number 03165836

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity information
Box Clever Theatre Company is a private company limited by guarantee incorporated in England and Wales.
The registered office is .
The charitable company is a company limited by guranteee. They Memorandum of Association restricts the
liability of members on winding up to £1 unless their liability becomes unlimited through contravention of the
Memorandum. In the case of winding up none of the accumulated funds are distributed to the members but
shall be given or transferred to some other charitable institutions having similar objectives
The charitable company meets the definition of a public benefit entity under FRS 102.
1.1 Reporting period
During the prior period, the charitable company brought forward its year end from 30 April to 31 March to align
the subsequent year with Arts Council England funding.
1.2 Accounting convention
The financial statements have been prepared in accordance with the charitable company's governing
documents,
the Companies Act 2006 and 'Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)" The
charitable company is a Public Benefit Entity as defined by FRS 102.
The charitable company has taken advantage of the provisions in the SORP for charities applying FRS 102
Update Bulletin 1 not to prepare a Statement of Cash Flovts.
The financial statements are prepared in sterling. which is the functional currency of the charitable company.
Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, Imodified to include the
revaluation of freehold properties and to include investment properties and ￿rtain financial instruments at fair
valuel. The principal accounting policies adopted are set out below.
Reduced Disclosure Exemptions
The charitable company has taken advantage of the following disclosure exemption in preparing these
financial statements, as permitted by FRS 102 Yhe Financial Reporting Standard applicable in the UK and
Republic of Ireland"
1.3 Going concern
After reviewing the charitys forecasts and projections and taking into account the economic conditions and
possible changes in trading perfomiance, the Trustees have a reasonable expectation that the charity has
adequate resources to Gontinue in operational existen￿ for the foreseeable future. The charity therefore
continues to adopt the going cOn￿M basis in preparing the financial statements.
Consequently, the trustees have a reasonable expectation that the Charity will have sufficient funds to
continue to meet its liabilities as they fall due to the foreseeable future and therefore have prepared the
financial statements on a going con￿rn basis
1.4 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Designated funds comprise funds which have been set aside at the discretion of the trustees for specific
purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued)
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and
uses of the restricted funds are set out in the notes to the financial statements.
1.5 Income
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally
entitled to the income after any performance conditions have been met, the amount can be measured reliably
and it is probable that the income will be received.
Donations and legacies including core grants, sponsorship and gifts are included in full in the Statement of
Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific
perfomiance by the charity. are recognised when the charity becomes unconditionally entitled to the grant.
Incoming resources from charitable activates includes income from perfom)ance fees received under contract.
Grant income included in this category provided funding to support perfomiance activities, touring or
workshop projects and is recognised where there is entitlement, certainty of receipt and the amount can be
measured with sufficient reliability-
Investment income is included when receivable.
Grants received for specific purposes are treated as restricted funds. Income is deferred when performance
fees or grants are received in advance of the perfomiance or event to which they relate.
1.6 Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate
all costs related to the category. Expenditure is recognised where Ihere is a legal or constructive obligation to
make payments to third parties, it is probable that the settlement will be required and the amount of the
obligation can be measured reliably. It is categorised under the following headings:
Cost of raising funds are those costs incurred in attracting voluntary income.
Charitable expenditure comprrses those costs incurred by the charity in the staging of its projects and
perfomiances. It includes both costs allocated directly to such activities and those costs of an indirect nature
necessary to support them.
1.7 Tangible fixed assets
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Fixtures and fittings
250A on cost
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Financial instruments
The Gharity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instnjments are initially recognised at transaction value and subsequently
measured at their settlement value.

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued)
1.10 Taxation
The charitable company is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly,
the charity is potentially exempt from taxation in respect of income or capital gains received within categories
covered by Chapter 3 Part11 Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act
1992, to the extent that such income or gains are applied exclusively to charitable purposes.
1.11 Retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the
charitable company's pension scheme are charged to the Statement of Financial Activities in the period to
which they relate.
1.12 Leases
The charity classifies the rental lease as an operating leases, where substantially all of the benefits and risks
of ownership remain with the lessor.
Rental charges are charged on a straight line basis over the term of the lease.
1.13 Allocation of support and governance costs
Support costs are those that assist the work of the charity but do not directly represent charitable activities
and include governance costs, administrative office function costs, depreciation, HR and recruitment, and
premises costs. They are incurred directly in support of expenditure on the objects of the charitable company.
Governance costs comprise all costs involving the public accountability of the charity and its compliance with
regulation and good practice. These costs include costs related to the independent examination fees.
Support and govemance costs have been 1000/0 allocated to the charitable activity.
1.14 Debtors
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount
prepaid. Accrued income is measured at the amount due to be received.
1.15 Creditors
Creditors recognised where the charity has a present obligalion resulting from a past evenl that will probably
result in transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliably.
Other creditors and accruals recognised at their settlement amount due.
Critical accounting estimates and judgements
In the application of the charitable company's accounting policies, the trustees are required to make
judgements, estimates and assumptions about the carying amount of assets and liabilities that are not readily
apparent from other sources. The estimates and associated assumptions are based on historical experience
and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
10-

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Donatlons and legacles
Unrestricted Restricted
fund$
fund$
Total
Unresthcted Rostricted
funds
funds
Tot81
31 March
2024
31 March
2024
31 March
2024
31 March
2023
31 March
2023
31 March
2023
tk>nalions and gifts
Project grants
Other
81.158
81,158
50.9D7
1,820
1,765
1,765
29,500
19
So.￿7
29,500
1,820
19
82.978
So.￿7
133.885
1,784
29,500
31,284

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charitable activities
31 March
2024
31 March
2023
ProduGlion fees
273,002
295,457
Investments
Unrestricted Unrestricted
funds
funds
31 March
2024
31 March
2023
Interest received
1,768
532
Other income
Unrestricted Unrestricted
funds
funds
31 March
2024
31 March
2023
Theatre Tax relief
19,428
23.777
Raising funds
Unrestricted Unrestricted
funds
funds
31 March
2024
31 March
2023
Fundraisin
Advertising
Staff costs
and ublici
371
9,821
8,222
Fundraising and publicity
10,192
9.106
10,192
9,106
12-

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charitable activities
EducatTon Education
Through
Through
Arts
Arts
31 March 31 March
2024
2023
Staff costs
Transport and fuel
Travel and accomodation
Production costs
211,423
74,934
13,672
51,784
171,473
53.591
1.943
32,981
351,813
259,988
Share of support costs (see note 9)
Share of governance costs (see note 9)
94,108
4,693
66,663
4,300
450,614
330.951
Analysis by fund
Unrestricted funds
Restricted funds
399,707
50,907
301,451
29,500
450,614
330,951
13-

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs
Support Governance
Costs
costs
31 March Support costs Governance
2024
costs
31 March
2023
Staff costs
Depreciation
Subscriptions
Rent
Bank charges
Repairs and renewals
Insurance
Telephone
Postage and stationery
Other costs
58,953
759
2,623
8,400
90
2,957
3,493
377
187
16,269
58.953
759
2,623
8,400
90
2,957
3,493
377
187
16,269
34.143
1.431
2.669
2,400
417
8,211
2,419
314
238
14,421
34.143
1.431
2,669
2,400
417
8,211
2,419
314
238
14,421
Independent Examination
Fee
4,693
4,693
4,300
4,300
94,108
4,693
98,801
66,663
4,300
70,963
Analysed between
Charitable activities
94,108
4,693
98,801
66,663
4,300
70,963
10 Net movement in funds
31 March 2024 31 March 2023
Net movement in funds is stated after chargingl(crediting)
Fees payable to the companYs independent examiner for the examination of
the financial statements
Depreciation of owned tangible fixed assets
4,693
759
4,300
1,431
11 Trustees
None of the truslees (or any persons connected with them) received any remuneration or benefits from the
charitable company during the year.
12 Employees
The average monthly number of employees during the year was:
31 March 2024
31 March
2023
Number
Number
14-

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
12 Employees
(Continued)
Employment costs
31 March 2024
31 March
2023
Wages and salaries
Social security costs
other pension costs
273,753
2,125
4,319
210,496
128
3,214
280,197
213,838
The charitable company has also utilised 9 (2023: 9) freelance staff in the period.
Employee time has been allocated either:
i) To direct costs on a percentage of the time spent by an employee on an activity
ill to support costs allocated on a percentage basis over all costs.
No employee received emoluments of more than £60,000 (2023: none)
The key management of the charitable company comprise of the Trustees and the Artistic Director. The
Trustees do not receive any remuneration for this role.
The total employee benefits of the key management personnel for the charitable company were £52.063
{2023- £44,715).
13 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
14 Tangible fixed assets
Fixtures and fittings
Cost
At 1 April 2023
Additions
13,231
765
At 31 March 2024
13,996
Depreciation and impaimient
At 1 April 2023
Depreciation charged in the year
11,966
759
At 31 March 2024
12,725
Carrying amount
Al 31 March 2024
1,271
At 31 March 2023
1.266
15-

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Debtors
31 March 2024 31 March 2023
Amounts falling due within one year:
Trade debtors
Other debtors
70,508
8,150
110,126
8,622
78,658
118,748
16 Creditors: amounts falling due within one year
31 March 2024 31 March 2023
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
20,788
7,136
70
65,673
27,163
9,946
83
100,708
93,667
137.900
17 Restricted funds
The income funds of the Gharity include restricted funds comprising the following unexpended balances of
donations and grants held on trust for specific purposes..
Movement in funds
In¢oming
Resour¢es
Balance at
resources
expended 1 April 2023
Movement in funds
Incoming
Resources
Balance at
sources
expended 31 March 2024
Balance at
1 May 2022
John Lyons
Trust- A
Christmas
Carol
Walwyn
Chapman
Trust - Word
of Mouth
Arts Council
England -
Word of
Mouth
10.400
(10,400)
3,000
(3,000)
29.500
(29.500)
37,507
(37,507)
29.500
(29.500)
50.907
(50,907)
The John Lyons grant supported rehearsals of A Christmas Carol in Brent, followed by a 1 week tour of
schools within Brent. Bamet. Ealing & Harrow of Getting There.
16-

BOX CLEVER THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18 Designated funds
These are designated funds which are material to Ihe charitable company's activities made up as follows..
Balance at
1 May 2022
Incoming
resources
Balance at
1 April 2023
Transfers
Balance at
31 March 2024
Production Fund
Relocation Fund
ShowcaselEvents
Product Development
Business Development
1.013
1.569
1.980
1.571
1,013
1.569
1.980
1.571
(1,013)
(1,569)
(1,980)
(1,571)
6,133
6,133
6.133
6,133
6,133
The Business Development Fund has been set up to support Box Cleverfs core charitable work and business
development in 2024 - 2027.
19 Related party transactions
There were no related party transactions durtng the year {2023 - £nil).
17-