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## 

|have serve|d during the year|and since|the year end|w|ere|as follows:||
|---|---|---|---|---|---|---|---|
||||J Goller|||(Appointed|27 October 2023)|
||||G LGeary|||(Resigned|28 June 2022)|
||||EHavard|||(Resigned|26October 2022)|
||||R Jones|||(Appointecl 27October 23)||
||||BJ Joshua|||||
||||N Lloyd|||||
||||EMacDonald|||||
||||TPage|||(Appointed|8December 2022)|
||||R Price|||||
||||SSansom|||(Resigned|26 October 2022)|
|Reference|and Administrative|Details||||||
|Chief Executive Officer|||AH Cole|||||
|Company<br>Number|||03038190|||||
|Charity Number|||1055305|||||
|Registered|Office B,||Pegasus Theatre|||Trust||
|Business address|||Magdalen|Road||||
||||Oxford|||||
||||OX4 I RE|||||
|Principal bankers|||Co-operative<br>P0 Box250||Bank pic|||
||||Skelmersdale|||||
||||WN8 6WT|||||
|independent|examiners||Joshua Kingston BScACA|||||
||||Burton Sweet||Limited|||
||||Chartered<br>Accountants|||||
||||The Clock Tower|||||
||||5 Farleigh Court|||||
||||Old Weston|Road||||
||||Flax Bourton|||||
||||Bristol BS48|IUR||||





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|||||||31 f|harclt 2023|
|---|---|---|---|---|---|---|---|
|Stetentettteitinencieinctiuiiiee|||~lnco~r~oratii1|an incorn~eond||Ex enditure|Account/|
|||||||2023|2022|
||||Unrestricted|Restricted||Total|Total|
|||||8||||
|Income from;||||||||
|Grants and|donations|2|359422|13,102||372,524|461,310|
|Charitable|activities|3|142.398|||142,398|117,634|
|Total income|||501,820|13,102||514,922|578,944|
|Expenditure<br>on:||||||||
|Raising funds|||)4.698|||14,698|39,590|
|Choritable<br>octivities|||735,361|38.172||773,533|722,664|
|Total expenditure|||750,059|38,172||788,231|762,254|
|Net income / (expenditure)||6|f248.239)|{25,070)|(273,309)||{183,310)|
|Transfers||I?||||||
|Net movement<br>in funds||17|f248,239)|f25.070)|{273,309)||[183,310)|
|Total funds at<br>I April 2022||17|2,531,844|26,766|2,558,610||2,741,919|
|Total funds at 31|itttarch 2023|17|2,283,605|1,696|2,285,301||2,558,610|





||||||||5 r':=ASUS!tlEh) Rf:.!BUS!|5 r':=ASUS!tlEh) Rf:.!BUS!|5 r':=ASUS!tlEh) Rf:.!BUS!|
|---|---|---|---|---|---|---|---|---|---|
|||||||Trod~6|s ttet&«U c.nd Fin«nol«l||Slnten2ents|
|||||||||31|M6&rct& 2023|
|Balance|Sheet at||31March 2023|||||||
||||||||Corn~any|No:|03038'I90|
||||||||2023||2022|
||||||||5|||
||||||Note|||||
|Fixed Assets||||||||||
|Tangibte Fixed Assets<br>investments|||||10<br>11|2,096,759<br>1|||2,270.842|
||||||||2,096,760||2,270,843|
|Current Assets||||||||||
|Debtors<br>Stock<br>Cash at Bank and|||in Hand||12<br>13|36,698<br>1,190<br>214,481|||30,483<br>1,309<br>312,161|
||||||||252,369|||
||||||||||343,953|
|Credftors.|Amounts||Due Within|1 Year|14||~63,828|~56,186||
|Net Current||Assets||||||||
||||||||188,541||287,767|
|Net Assets||||||||||
||||||||2,285,301||2,555.610|
|Funds||||||||||
|Restricted<br>Unrestricted|Funds<br>Funds||||18<br>IB||1.696<br>2,283,605||26,766<br>2,531,844|
|Total Funds||||||||||
||||||||2.285.301||2.558,610|





|||||||||31|Morcir 2023|
|---|---|---|---|---|---|---|---|---|---|
|Statement ofCash Flows||||||||||
||||||||2023||2022|
||||||||||F.|
|Net cash fntlow from operating|||activities||Notes|A|(89,349)||(27.975)|
|Non - operational<br>cashflows;||||||||||
|Cash|flows from investing|activities||||||||
|Interest received<br>Acquisition<br>oftangible<br>fixed assets|||||||(71)<br>(8,260)||(16)<br>(24,811)|
|Net cash outflow for the year|||||Notes|IS|97,680||52,802|
|Notes|to the Cashflow Statement|||||||||
||Reconciliation<br>ofnet movement|||In funds to net cash inflow|||from operating|activities||
|||||||||2023|2022|
|||||||||R||
||Het movemeni<br>in funds||||Nofes|C||(273,309)|(183,309)|
||Interest received|||||||71|16|
||(increase)/decrease|in debtors||||||(6,2i 51|(10,448)|
||(Increase)/decrease|in stock||||||119|75|
||Increase/(decrease)|in creditors||||||7,642|(16.520)|
||Depreciation|||||||182,343|182,211|
||Net cash inflow from operating<br>activities||||||~59,349||~27.975|
|it,|Analysis<br>ofchanges|in cash during the year||||||||
|||||||2023|2022|Change||
||||||||8|R||
||Cash at bonk and in hand||||214,481||312,161|'97,680||
|||||||2022|2021|Change||
|||||||||R||
||Cash at bank and in|hand|||312,161||364,963|52,802||



## 



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## 

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## 

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## 

## 

## 

## 

## 

## 

|||||||||2023|
|---|---|---|---|---|---|---|---|---|
|Core grants||||||Unrestricted|Restricted|Total|
|||||||5|||
|Oxford City|Council|||||20,000||20,000|
|Arts Council|England||South-East|||305,493||305,493|
|||||||325,493||325,493|
|||||||||2023|
|Public grants||||||Unrestricted|Restricted|Total|
|||||||K||. 5|
|Oxfordshire|County Council||||||6,902|6,902|
|Oxford City|Council||||||1,700|1,700|
||||||||8,602|8,602|
|||||||||2023|
|Other grants|and donations|||||Unrestricted|Rest'ricted|Total|
||||||||5|5|
|Mr and Mrs JA||Pye's|Charitable||Settlement|10,000||10,000|
|Cecil Pilkingfon||Charitable||Trust||6,500||&,500|
|The Helen<br>Harniyn<br>Trust||||||10,000||10,000|
|The Weinstock||Fund|||||2,500|2,500|
|The Arts Society Oxford|||||||2,000|2,000|
|Donations<br>from||Individuals||||7,429||7,429|
|||||||33,929|4,500|38,429|
|||||||35'9.422|13,102|372,524|





||||||t'FI.=ASIJ.'|ifIVI'IF, i: Tt IIs1|
|---|---|---|---|---|---|---|
|||||iruslc es Repuit and Fincnzir. ;I Slnten, ants|||
|otes|to the financia statements|||||31 tVt&.~rch 2023|
|2.|Income from grants and donations||—continued||||
||Prior year comparison<br>(202)-22)||||||
||Core grants|||Unrestricted|Restricted|2022<br>Total|
|||||f|f|f|
||Oxford City Council<br>Arts Council England<br>South-East<br>Covid-19 JRSScheme Grant|||24,000<br>305,493<br>4,608||24,000<br>305,493<br>4,608|
|||||334,101||334,'I 01|
|||||||2022|
||Public grants|||Unrestricted|Restricted|Total|
|||||f|f|f|
||Oxfordshire<br>County Council<br>Oxford City Council||||1,695<br>250|1,695<br>250|
||BBCChildren<br>in Need<br>Arts Council, Cultural<br>Recovery||||17,876<br>20,686|17,876<br>20,686|
||||||40,507|40,507|
|||||||2022|
||Other grants and donations|||Unrestricted|Restricted|Total|
|||||f|f||
||Garfield Weston Foundation<br>PF Charitable<br>Trust<br>Mr and Mrs JA Pye's Charitable<br>Cecil Pilkington<br>Charitable<br>Trust<br>Doris Field Trust<br>The Helen Hamlyn<br>Trusf<br>The Barnsbury<br>Charitable<br>Trust<br>Four Acre Trust<br>Lottery Community<br>Fund<br>The Weinstock<br>Fund<br>The Souldern<br>Trust<br>The D'Oyly Carte Trust<br>Photo Oxford|Settlement||13,750<br>4,167<br>10,000<br>2,500<br>10,000|1,000<br>1,000<br>3,000<br>10,000<br>2,500<br>3.000<br>1,265|13,750<br>4,167<br>10,000<br>2,500<br>),000<br>'10,000<br>1,000<br>3,000<br>10.000<br>2,500<br>500<br>3,000<br>1,265|
||Donations —Corporate<br>Donations<br>from Individuals|||290<br>13,160|3,200<br>7,370|3,490<br>20,530|
|||||54,367|32,335|86,702|
|||||388,468|72,842|461,310|



## 



||||||||||PF&„.nsils|'iiiEAIBE IRUSI|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Tiusfeos|kopott|orvd Finonciot Sioteilsenls||
|||||||||||31 f3orch 2(123|
|Notes|tothe financial||statements||||||||
||Income from||charitable||activities|||||2023|
||||||||Unrestricted|Restricted||Total|
||Theatre and||arts education|||activity|E,||||
||Ticket sales||||||43,158|||43,1$8|
||Participation||fees||||34,589|||34,589|
||Facilities hire||||||2,450|||2,4$0|
||Hire fees (performances)||||||1,105|||1,105|
||Cafe Bar sales||||||3,19?|||3,197|
||Miscellaneous||||||1,590|||1,$90|
||Sponsorship||||||50,777|||50,777|
||Thea/re tax|relief||||||||5,532|
||||||||142,398|||142.398|
||Prior yeor comparison|||(2021/2022)||||||2022|
||||||||Unrestricted|Restricted||Total|
||Theatre and||arts education|||activity|E||E|5|
||Ticket sales||||||17,445|||17.445|
||Participation||fees||||29,667|||29,667|
||Facilities hire||||||1.192|||1,192|
||Hire fees (performances)||||||600|||600|
||Cafe Barsales||||||819|||819|
||Miscellaneous||||||10,416|||10,416|
||Sponsorship||||||51,964||315|52,279|
||Theatre tax relief||||||5,216|||5,216|
||||||||117.3'l9||315|117,634|
|4.|Expenditure|on raising||funds|||||2023|2022|
||||||||||Total|Total|
||||||||||K|F.|
||Direct costs||||||||13,'1 14|37,913|
||Support costs||||||||1,5&4|1.677|
||||||||||14,698|39,590|
|5.|Expenditure|on charitable|||activities||||||
||||||||Direct||Support|2023|
||||||||costs||costs|Total|
||||||||E||Z||
||Programme||||||99,650||44,742|144,392|
||Producing||||||56,026||42,529|100,557|
||Participation||||||144,774||41,457|186,231|
||Administration||||||66.741||1,945|68,686|
||Premises/<br>I-ront ot House||||||65,839||20,155|8$,994|
||Depreciation||||||||182,344|182,344|
||Governance||costs||||3,227||2,102|5,329|
||||||||438,259||335,274|773533|





||||||||I'ECASV!|Ttt(ATltK|T)iUST|
|---|---|---|---|---|---|---|---|---|---|
|||||||1(vsteos|i{or&oll Und hoon(.|loi Stsrlernents||
|||||||||31 IAorch 2023||
|Notes|to the financial statements|||||||||
|5.|Expenditure<br>on charitable||activiNies (continued)|||||||
||Prior year comparison<br>(2021/2022)|||||Direct|Support||2022|
|||||||costs|costs||Total|
||||||||R||E|
||Programme|||||60,969|35,561||94,530|
||Producing|||||78,404|35,561||113,9&5|
||Participation|||||1.10.895|36,725||147,420|
||Administration|||||66,457|2,140||48,597|
||Premises/<br>Front of House|||||83,632|21,079||104,71 1|
||Depreciation||||||182,211||182,211|
||Governance<br>costs|||||6,597|2,433||9,030|
|||||||406,954|315,710||722.444|
|4.|Net income/(expenctlture)|||||||||
||||||||2023||2022|
||This is stated after charging:||||||||E|
||Independent<br>examiner's|fee|||||2,450||5,600|
||Depreciation||||||182,344||182,211|
||Staff costs and numbers|||||||||
||||||||2023||2022|
||Staff costs were as follows;||||||9.|||
||Wages and salaries||||||310,454||287,272|
||Employer's<br>National<br>Insurance||||||21,940||20,251|
||Employer's<br>pension<br>contributions||||||7,895||7.817|
||||||||340,489||315,340|
||No employee<br>earned more||than f60,000 during||the|year.||||
||||||||2023||2022|
||||||||No.||No,|
||Average<br>number (headcount)|||of employees|||'13||13|
||The total number<br>ofstaff at||the|year-end was 13.||||||





## 

## 

|||||||2022|
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||E||E|
|income from'.|||||||
|Grants and|donations|||388,468|72,842|461,310|
|Charitable|activities|||117,319|315|117,684|
|Total income||||505,787|73,157|5/8,944|
|Expenditure<br>on:|||||||
|Raising funds||||39,590||89,590|
|Charitable|activities|||640,704|81,960|722,664|
|Total expenditure||||680,294|81,960|762,254|
|Net expenciiture||||(1/4,50/)|(8,803)|(188,810)|
|Transfers||||15,071|(15,071)||
|Net movement|||in funds|(159.436)|(23,874)|(188,810j|
|lolal funds|at|1|April 2021|2,961,280|50,639|2,741,'919|
|Total funds at 81|March 2022|||2,531,844|26,765|2,$58,610|



## 



## 

|||||Pl|69ASliS|TllrA I liL Tllii,it|
|---|---|---|---|---|---|---|
|fili|sic|us|Iiepoil|nnrl|I'-inaric|ial SIniernerils|
|||||||31 Miarch 207;3|



|10.|Tangible<br>Fixed Assets|||||
|---|---|---|---|---|---|
||||Fixtures and|||
||||new theatre|Fittings and||
|||Building|equipment|equipment|Total|
|||K|5||R|
||Cost|||||
||At<br>I April 2022|4.262,6 I3|523,443|67.858|4,853.914|
||Additions<br>Disposals||124,561|8.260<br>$3~808|8,260<br>~128.369|
||At 31 March 2023|4.262,613|398,882|72,310|4,733,805|
||Depreciation|||||
||At<br>I April 2022|2.016421|523,443|43,208|2,583,072|
||Charge for the year<br>Eliminated<br>on Disposal|170,504|~126,661|1 1,839<br>i33888|182,343<br>~128,369|
||Al 31 March 2023|2,186,925|398,882|51,239|2,637,046|
||Net Book Value|||||
||At 31 fuiarch 2023|2,075,688||21,07 I|2,0'96,759|
||At 31 March 2022|2,246, I92||24,650|2,270,842|



## 

## 

## 

|Debtors|||
|---|---|---|
||2023|2022|
||5||
|Trade debtors||2.248|
|Prepayrnents|I2,670|12,218|
|Other debtors|24,028|16,017|
||36.698|30,483|





|||||I'ErSASUS|TI4fAIHF|TI4fAIHF|IRUST|
|---|---|---|---|---|---|---|---|
||||Trurtr!!rs|S.~pcII onrS fl/Ior'Ictoi||Slrrlensf.'Irts||
||||||31|Morch 2023||
|Notes|to the financial<br>statements|||||||
|13.|Stock|||||||
||||||||2022|
||Goods for resale|||1,190|||1,309|
|14.|Creditors: Amounts due within|1 year||2023|||2022|
||Trade creditors|||20,024|||6,582|
||Accruals|||6,541|||8,758|
||Deferred income|||14,792|||18,292|
||Amounts<br>owed to grovp undertakings|||1|||1|
||Tax ond social security|||9,819|||8.376|
||Other creditors|||12,651||14,177||
|||||63,828||56,186||



## 

## 



## 


|Nlovernent<br>in funds||||||||
|---|---|---|---|---|---|---|---|
||||At 1 April||||At 31 March|
||||||Expenditur|||
||||2022|Income||1ransfers|2023|
||||8||||B|
|Restricted funds||||||||
|Oxfordshire<br>County||(ENB)||6,902|(6.902)|||
|Oxford City Council||(DC)|1,488||||1,488|
|Oxford City Council||(LF)||1,700|(1,700)|||
|O'Oyle Carte|||3,000||(3,000)|||
|Lottery Community|Fund||8,000||(8,000}|||
|Weinstock<br>Fund|||208|2,500|(2,500)||20$|
|The Big Give (Dec 21)|||13.070||(13,070)|||
|Doris Field Charitable||Trust|'1,000||(1,000}|||
|The Arts Society (Oxford)|||||(2,000)|||
||||26,766|13,102|(38,172)||1,696|
|Unrestricted<br>funds||||||||
|General funds|||49,468|501,820|(579,555)|58,184|29,917|
|Designated<br>funds:||||||||
|Strategic reserve|||154,184|||(8,184)|146,000|
|Asset replacement|fund||52,000|||(30.000)|22,000|
|Young Companies'||||||||
|Production<br>fund|||30,000|||(20,000)|'10,000|
|Building<br>fund|||2,246,192||(170,504)||2.075,688|
||||2,531,844|501,820|(750,059)||2,283,605|
|Total funds|||2,558,610|514,922|(788,231)||2,2&5,301|



## 

## 




## 

|(2010).The fund<br>is red|(2010).The fund<br>is red|(2010).The fund<br>is red|uced<br>annua|uced<br>annua|lly<br>by the c|harge fordepre|ciation<br>ofthe bu|ilding.||
|---|---|---|---|---|---|---|---|---|---|
|Prior year comparison|||(2021/22)|||||||
|||||At|1 April||||At 31 Starch|
||||||2021|Income|Expenditure|Transfers|2022|
|||||||F.|F.||5|
|Restricted funds||||||||||
|Oxfordshire<br>Council||(UMSJ|||16,364||(13.883}|(2,481)||
|Oxfordshire<br>County||(ENB)||||1,695|(1,695)|||
|Children<br>in Need|||||10,103|17,876|(15,387)|(12,590)||
|Oxford City Council||(DCJ|||1,488||||1,488|
|Oxford City Council||(CEP}|||2,329||(2,329)|||
|Oxford City Council||(SEJ||||250|(250)|||
|ACE CRF2||||||20,686|(20,686)|||
|Dominvs<br>Project||||||1,500|(1,500)|||
|We Are Purple||||||150|(150)|||
|Photo Oxford||||||1.265|(1,265)|||
|Foyle Foundation|||||12,$00||(12,500}|||
|Clore Foundation|||||2,857||(2,875)|||
|Cameron<br>iv!acintosh|||||5,000||(5,000)|||
|D'Oyle Carte||||||3.000|||3,000|
|Lottery Community|Fund|||||10,000|(2.000)||8,000|
|Weinstock<br>Fund||||||2.500|(2,2'97}||208|
|The Big Give (Dec 21)||||||13,070|||13,070|
|Doris Field Charitable|||Trust|||1,000|||1,000|
||||||50,639|73,157|(81,959)|(15,071)|26,766|
|Unrestricted<br>funds||||||||||
|General funds|||||46,400|505,787|(509,790}|7,071||
|Designated<br>funds:||||||||||
|Strategic reserve||||154,'I84|||||'I54,184|
|Asset replacement|fund|||44,000||||8,000|52,000|
|Young Componies'||||||||||
|Production<br>fund||||30,000|||||30,000|
|Building<br>fund||||2,416,696|||(170,504)||2,246,192|
|||||2,691.280||505.787|(680,294}|15,071|2,531,844|
|Total funds||||2,741,919||578,944|(762,254)||2,558,610|
|Ana fust s ofnet assets||between||funds||||||
|||||||||Net||
||||||||Fixed|Current|Totol|





|||||||I:iisA'.l)5 itIFAII; T(ill! I|I:iisA'.l)5 itIFAII; T(ill! I|
|---|---|---|---|---|---|---|---|
||||||lrusloes<br>P,.:porI|u»(l firrovriol<br>Itrslc. m="nts||
|Notes|to fhe tlnanctol<br>stoternents|||||31 Morrsh 2023||
||||||Assets|Assets|Funds|
||Restricted<br>Unrestricted||Funds<br>Funds|||1,696|1,696|
||Designated||funds||2,075,688|178,000|2,253,688|
||General fund||||2l,072|8,845|29,917|
||Total funds||as at 31hharch 2023||2,096,760|188,54 I|2,285,301|
||Prior year comparison|||(2021/2022)||Net||
||||||Fixed|Current|Total|
||||||Assets|Assets|Funds|
||||||f|f|f|
||Restricted|Funds||||26,766|26,766|
||Unrestricted||Funds|||||
||Designated||funds||2,246,192|236,184|2,482,376|
||General fund||||24,650|24,818|49,46IS|
||Total funds||as at 31 hharch 2022||2,270.842|287,768|2,$58,610|