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2024-03-31-accounts

THE PEOPLE SHOW LIMITED

REPORT AND FINANCIAL STATEMENTS

31st March 2024

COMPANY REGISTRATION NUMBER: 2211267 CHARITY REGISTRATION NUMBER 298502

Frank S Lachman 31 Fairview Way Edgware Middlesex HA8 8JE

YEAR ENDED 31ST MARCH 2024

LEGAL AND ADMINISTRATIVE INFORMATION

DIRECTORS & TRUSTEES:

Gill Lloyd Chair Jon Catty Resigned 28th November 2023 Jessica Littlemore Pete Staves Roxana Silbert Patrick Holzen Appointed 12th November 2024 SECRETARY: Gareth Brierley REGISTERED OFFICE: Pophub Leicester Square 41 Whitcomb Street London WC2H 7DT INDEPENDENT EXAMINER Frank S Lachman 31 Fairview Way Edgware Middlrsex HA8 8JE CHARITY REGISTRATION NUMBER: 298502 COMPANY REGISTRATION NUMBER: 2211267

Page 1

THE PEOPLE SHOW LIMITED

The Directors/Trustees present their report, together with the financial statements for the year ended 31st March 2024.

1. REFERENCE AND ADMINISTRATIVE DETAILS

Charity Number: 298502 Company Number: 2211267 Principal Office: Pophub Leicester Square, 41 Whitcomb Street, London WC2H 7DT

Trustees And Directors

The Directors of the Charitable Company are its Trustees for the purpose of Charity law, and throughout this report are collectively referred to as the Trustees.

The Trustees who served during the year, and since the year end, unless indicated, were:

Gill Lloyd Chair Jon Catty Resigned 28th November 2023 Jessica Littlemore Pete Staves Roxana Silbert Patrick Holzen Appointed 12th November 2024

Secretary: Gareth Brierley

Independent Examiner: Frank S. Lachman, 31 Fairview Way, Edgware, Middlesex HA8 8JE

Bankers: CAF Bank 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME194JQ

2. STRUCTURE, GOVERNANCE AND MANAGEMENT Governance

The Company is governed by its Memorandum and Articles of Association. The Company is limited by guarantee and has no share capital. The guarantees of individual members are limited to £1. The Company is a registered charity.

The Trustees are responsible for the Charitable Company's overall management and control.

The Core Group of 5 artists - Gareth Brierley, Sadie Cook, Fiona Creese, George Khan and Mark Long '- handle matters of artistic performance and strategy, and 3 of the artists are also Company Producers, responsible for the day to day running of the Company and operational matters including finance; in this way People Show Ltd is an artist-led charitable company. Financial matters are monitored by the Finance Committee, formed of 3 Trustees who meet in between Board meetings.

The Board meets regularly, usually at least four times a year.

Company Law which is also applicable to charitable companies in England and Wales requires the directors, who are also trustees of the company, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company and of the results of the company for that year.

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

Page 2

THE PEOPLE SHOW LIMITED

In preparing those financial statements, the directors/trustees are required to:

select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP

make judgements and accounting estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

Public benefit

The Trustees confirm that in compiling this report they have had due regard to the guidance on public benefit issued by the Charity Commission in compliance with the duty set out in section 4 of the Charities Act 2006.

Appointment Of Trustees

New Trustees are elected to the Board by existing members, after recommendation and discussion at Board meetings.

Trustees Induction And Training

New Trustees meet with at least one member of the Board before being appointed and receive the latest Annual Report and Accounts and all relevant information related to the Company. No formal training is deemed necessary.

Related Parties

The Company has no subsidiaries, but has a close relationship with People Show Properties Limited; all of the Directors of this Company are Trustees of The People Show Limited.

Risk Management

During the year, the Trustees have considered the major risks to which the Company may be exposed and have implemented systems to manage these risks.

3. OBJECTIVES AND ACTIVITIES

“ Theatre is the unifying art form. It is the magpie of all the arts and so it is meant to be. The visual arts, music, song, dance, circus, prose and poetry are all contributors, that is its magic. None of these forms should be denied.”

People Show is unique as an experimental theatre company. Cited as being one of the first companies in the UK to work with a devising methodology, and to create site specific performances. Therefore the company ’ s work remains of particular interest to students, lecturers, practitioners and aficionados of contemporary performance practice alike.

Since its creation in 1966 when the group first performed in a Charing Cross Road bookshop basement, through to today operating remotely, People Show continues to challenge everything you thought you knew about theatre.

From its inception, People Show has been committed to diversity and aims to promote equal treatment for all sections of the community, irrespective of sex, gender, race, colour, class, ethnic origin, religious beliefs, sexual orientation, age, marital status or disability. The company has always brought together theatre makers from diverse social, cultural and ethnic backgrounds, and has created a viable working equal opportunities policy document to formalise our commitment to diversity.

Page 3

THE PEOPLE SHOW LIMITED

A. CREATIVE TEAM

The company has been focusing on both strengthening and expanding the artistic programme and profile through collaborations with educational organisations and with independent performance venues.

In May 2023 the company worked on their penultimate collaboration with the University of Roehampton’s Drama department. PS144: HOME took place in Mount Clare House, a Georgian manor that is situated in the middle of the 1960s Alton Estate.

Gareth and Fiona also taught at Middlesex University and University of Bedfordshire over March - April 2023, aiding third year students with their final performances and working with film students respectively.

June 2023 saw the first R&D for a new live show. This became PS145: The Diviners . It premiered in October 2023 at the Golden Goose Theatre in London for a 3 week run. Touring is planned for 24/25.

Also in June we held a FILM NIGHT, which took place at the Cinema Museum. Audiences were invited to watch our two short film The Jossers and 138: LAST DAY. After this 138: LAST DAY launched online.

In March 2024 People Show 146: Back in Ten premiered in Australia, with performances at Hollingworth Street Theatre and Newcastle Fringe. This show was devised and performed by People Show founder member Mark Long and longtime collaborator Emil Wolk .

Throughout the year we have been applying for multiple commissions.

The Company is still actively involved in increasing its online profile.

The Company has been focusing on achieving funded commissions and boosting our educational work. Although our work with University of Roehampton is coming to an end due to the closure of the course, we have strengthened our relationship with Middlesex University, with Gareth and Fiona teaching there annually. We are also hoping to strengthen our relationship with Central School of Speech and Drama where we ran sessions in 2022.

Also this year we launched two new live shows to great success from audiences and press. This work took place in the UK and Australia.

The Company is an artist-led practice with the core group of five artists directly in charge of the creation, delivery and management of the artistic programme.

The core group of artists are: Gareth Brierley, Sadie Cook, Fiona Creese, George Khan and Mark Long.

B EDUCATION AND OUTREACH

This year saw the delivery of a successful project with the University of Roehampton, a strengthened connection with Middlesex University and some work with the University of Bedfordshire.

C ARTISTIC PROGRAMME PLANS

Programme for 2024/2025 (this is subject to change):

MAY: The final project with University of Roehampton

AUG: Making of the short film PS148: SNEEZE to be sent to film festivals in November

SEP - NOV: PS145: The Diviners tour. Gareth and Fiona work at Middlesex University.

OCT - First day’s work on the audio project Memory Lane with George and Sadie.

MAY/JUNE 2025: The 2nd Tour for PS145: The Diviners.

OTHER: There are some other projects that are planned in 2024/2025. Including placing the audio book version of the company book online, further short films Memory Lane and a project in a Wandsworth shopping centre as part of Wandsworth Borough of Culture.

Page 4

THE PEOPLE SHOW LIMITED

4. ACHIEVEMENTS AND PERFORMANCE

People Show Highlights: 2023-2024

5. FINANCIAL REVIEW

The detailed figures are contained in the Financial Statements. The movement in reserves is shown in Note 11 of the Accounts. The amount of unrestricted reserves held at 31st March 2024 is £280,217 see note 11 for breakdown.

Reserves Policy

The level of reserves is constantly monitored. It is the intention to maintain these reserves at a minimum of 3 months' core operating costs.

The directors confirm that the company is solvent and that a going concern basis is appropriate for these accounts. The directors have concidered the next 12 months from the date of this report in forming this opinion.

Investment Powers and Policy

Under the Memorandum and Articles of Association, the Charitable Company has the power to invest in any way the Trustees feel appropriate. All funds regarded as surplus to current trading requirements are invested in High Interest Deposit Accounts.

6. PLANS FOR FUTURE PERIODS

The directors are confident that the charity is solvent and that it will be able to remain so for at least the next twelve months.

7. DIRECTORS’ RESPONSIBILITITES

Company Law, which is also applicable to charitable companies in England and Wales requires the directors, who are also trustees of the company, to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the company and of the results of the company for that period. In preparing those financial statements, the directors/trustees are required to:

select suitable accounting policies and then apply them consistently;

make judgements and estimates that are reasonable and prudent; and

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

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

Page 5

THE PEOPLE SHOW LIMrrED J8nGe with ￿MpanY law, as the compan¥s directors we certify Ih81'. so far os we are aware there is no relevant infomiation of wttich the eompanls examiners arg unaware.. as the directOTS of the wmpany we have taken Bll the 5t8ps that we ought lo h8Vè takan in order to . INDEPENDENT EXAMINER , ￿solutIOn will be proposed at the Annual General Meeting that Frank S Lachman be appointed 88 independent X4minor lo Ihe Charitable Company. 7 financial 8tatements comply with the Charities Act 2011, the Companies Act 2006. th8 Mèmorandum and Art of ¥4SCtiation, and Accounting an¢J Reporting by Charities" Statement ol Recommended Pra¢lice applicable to charit￿3 xepanng thèir accounts In accordance wrth the Financial Reporting Standard applicable In thg UK and RepublK of Irebnd FRS 1021 lettective 1 January 20221. This reportvrds approved by the Board on And wJned on it8 behaK by Gill Lloyd - Director P8ge 8

THE PEOPLE SHOW LIMITED

INDEPENDENT EXAMINERS' REPORT ON THE ACCOUNTS

I report to the charity trustees on my examination of the accounts of the company for the year ended 31st March 2024 which are set out on pages 8 to 14 .

Responsibilities and basis of report

As the charity’s 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 charity’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 report

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:

(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 accounting 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.

Frank S Lachman Chartered Accountant Independent Examiner

31 Fairview Way Edgware Middlesex HA8 8JE

Page 7

THE PEOPLE SHOW LIMITED

Statement of Financial Activities (incorporating an Income and Expenditure Account) For the Year Ended 31st March 2024

Notes
Income
Legacies and donations
2
Charitable activities
3
Total income
Expenditure
5
Charitable Activity Costs
Total expenditure
Net income
Reconciliation of funds
Total funds brought forward
Total funds carried forward
10		 Total
Total
Funds
Funds
Income Capital
General
2024
Income Capital
General
2023
-
-
150,020
150,020
-
-
150,000
150,000
-
-
7,484
7,484
-
-
5,259
5,259
Restricted
Funds
Restricted
Funds
-
-
157,504
157,504
-
-
155,259
155,259
-
-
149,630
149,630
-
-
78,646
78,646
-
-
149,630
149,630
-
-
78,646
78,646
-
-
7,874
7,874
-
-
76,613
76,613
-
-
272,343
272,343
-
-
195,730
195,730
-
-
280,217
280,217
-
-
272,343
272,343

The statement of Financial Activities includes all gains and losses recognised in the year

All income and expenditure derive from continuing activities.

Page 8

THE PEOPLB •L.- 2023 881an¢e Sheet at 31st March 2024 Noto9 2024 Flxgd ass• T8ngible 8ssets Current assets 243,538 45,462 289,000 271.673 7,812 279,485 C3sh at bank 3r￿ in Mroj Total ¢urr•nt assets Credltots due ￿thfjn one year 280,217 272.343 Net Curyent assets 280,217 Total wets The fuTrds of the charity 280,217 272,343 Unrestr￿t￿l Funds 272,343 Totsl chaiity funds 10 280,217 The note5 on pages 10 to 14 fomi part of these accounts. (a) For the )Ear erthd 31 March 2024 the company was entitled to exemption under section 477{21 of the Companies Act 20C6. (b) No memters have required the company to obtain an audit of its accounts for the year in question in accordan￿ wrth seCt￿)n 476 of the CompanEs A¢t 2006. {¢) The dirertors ¥knrywledge their responsibilrty for.. i. ensurin9 the ccKnpany keeps accounting records which comply with section 386,. a￿1 ii. preparing accounts ￿lch give a true and faif view of the slate of affairs of the company as at the end of the financial year and of ils Pfofrt and loss fof the financial year in accordance with the section 393, and wh￿b otherwise comply wth the requirements of the Companies Act felaling lo accounts, so far as applicablo to Ihe compafty. Idl The arxounts have been prepared in accordance with the special provislons in Part 15 01 the Companies Act 20(E applicable to companies subject to the small comp8ni88 regime, and conslilute the annual accounts required by the Companies Act 2006 and are for Cifculation lo members of thè company. and signed on their behalf by Glll Lloyd Approved by the directors on - Director Page 9

THE PEOPLE SHOW LIMITED

Notes to the Financial Statements For the Year Ended 31st March 2024

1 Accounting Polices

(a) 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) (effective 1 January 2022) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The People Show 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(s).

(b) Tangible Fixed Assets

Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment Straight Line over 5 Years Computer Equipment Straight Line over 3 Years

(c) Income

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

(d) Expenditure

All expenditure is accounted for on an accruals basis. 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.

Costs are allocated to a category either because such costs are directly incurred in relation to such category, or because they are support costs in respect of which an apportionment has been made between the categories.

Support costs consist of infrastructure costs for salaries, premises, office administration. Such costs are apportioned on a reasonable and consistent basis to the various categories with a view to determining, as accurately as possible, the total resources expended for each category. The basis of apportionment used is either a function of staff time applied to a given activity, or an estimate of the proportion of costs associated with the same, or a combination of both.

Direct and Support costs are separately shown by natural classification in Note 5 to these accounts for each category of cost.

(e) Taxation

The company as a registered charity ( number 298502 ) is exempt from taxation on most investment income insofar as it is applied for charitable purposes. The company is also exempt from taxation on capital gains.

Page 10

THE PEOPLE SHOW LIMITED

Notes to the Financial Statements For the Year Ended 31st March 2024

(f) 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.

(g) 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.

2 Grants and donations

Restricted
Unrestricted
Restricted Unrestricted
Funds
Funds
2024
Funds
Funds
2023
Grants for General Running
and Production Costs
-
150,000
150,000
-
150,000
150,000
Donations
- Sundry
-
20
20
-
-
-
-
150,020
150,020
-
150,000
150,000
3
Charitable income
Restricted
Unrestricted
Restricted Unrestricted
Funds
Funds
2024
Funds
Funds
2023
Grants and donations
-
-
-
-
-
-
-
-
-
-
-
-
Performance Fees
-
558
558
-
140
140
Education Income
-
6,750
6,750
-
4,900
4,900
Other Hires and Income
-
176
176
-
219
219
-
7,484
7,484
-
5,259
5,259
4
Net income
2024
2023
Net income is stated after charging:
Examiners fee
2,850
2,850
Depreciation of tangible assets
-
296		 Restricted
Unrestricted
Restricted Unrestricted
Funds
Funds
2024
Funds
Funds
2023
-
150,000
150,000
-
150,000
150,000
-
20
20
-
-
-		 Restricted
Unrestricted
Restricted Unrestricted
Funds
Funds
2024
Funds
Funds
2023
-
150,000
150,000
-
150,000
150,000
-
20
20
-
-
-
-
150,020
150,020
-
150,000
150,000
Restricted
Unrestricted
Restricted Unrestricted
Funds
Funds
2024
Funds
Funds
2023
-
-
-
-
-
-
-
-
-
558
-
6,750
-
176		 -
-
-
-
558
-
140
140
6,750
-
4,900
4,900
176
-
219
219
-
7,484		 7,484
-
5,259
5,259
2024
2023
2,850
2,850
-
296

Page 11

THE PEOPLE SHOW LIMITED

Notes to the Financial Statements For the Year Ended 31st March 2024

5 Charitable activity costs

Direct costs
Artist costs
Artistic creation fees
Production costs
Marketing and publicity
Accountancy and bookkeeping
Support costs
Company stipend fees
Company producing fees
Training
Premises costs
Office costs
Bank charges
Depreciation
Total 2024
Direct costs
Artist costs
Artistic creation fees
Production costs
Marketing and publicity
Accountancy and bookkeeping
Support costs
Company stipend fees
Company producing fees
Training
Premises costs
Office costs
Bank charges
Depreciation
Total 2023		 Charitable
Activity
Costs
Charitable
Activity
Costs
Support and
Governance
Costs
Total
2024
Restricted
Unrestricted
-
10,102
-
10,102
-
43,894
-
43,894
-
19,455
-
19,455
-
5,751
-
5,751
-
1,615
2,850
4,465
-
16,250
-
16,250
-
34,978
-
34,978
-
50
-
50
-
12,158
-
12,158
-
2,453
-
2,453
-
-
74
74
-
-
-
-
-
146,706
2,924
149,630
Charitable
Activity
Costs
Charitable
Activity
Costs
Support and
Governance
Costs
Total
2023
Restricted
Unrestricted
-
-
-
-
-
5,705
-
5,705
-
1,405
-
1,405
-
307
-
307
-
1,548
2,850
4,398
-
24,000
-
24,000
-
31,729
-
31,729
-
160
-
160
-
9,071
-
9,071
-
1,495
-
1,495
-
-
80
80
-
296
-
296
-
75,716
2,930
78,646

Page 12

THE PEOPLE SHOW LIMITED

Notes to the Financial Statements For the Year Ended 31st March 2024

6 Employees

The company had no employees in the year nor in the previous year.

7 Tangible fixed assets

Cost
At 1st April 2023
Additions
At 31st March 2024
Depreciation
At 1st April 2023
Charge for the year
At 31st March 2024
Net book value
At 31st March 2024
At 31st March 2023
8
Debtors
Other debtors and prepayments
Grants receivable (from People Show Properties Ltd)
Trade debtors
9
Creditors due within one year
Trade creditors
Other taxes
Accruals		 Fixtures
fittings &
equipment
6,741
-
6,741
6,741
-
6,741
-
-
2024
9,836
231,433
2,269
243,538
2024
2,561
(1,378)
7,600
8,783		 Total
6,741
-
6,741
6,741
-
6,741
-
-
2023
10,000
261,433
240
271,673
2023
131
(589)
7,600
7,142

Page 13

THE PEOPLE SHOW LIMITED

Notes to the Financial Statements For the Year Ended 31st March 2024

10 Reconciliation of Movement in Funds

Unrestricted Funds
- General		 Balance at 1
April 2023
Income
Expense
Transfers
Balance at 31
March 2024
272,343
157,504
(149,630)
-
280,217
272,343
157,504
(149,630)
-
280,217

The above funds comprise:

Restricted Capital fund: a fund for the equalisation of future fixed asset depreciation where assets have been purchased with capital grants

General Fund: are moneys which can be used by the Trustees at their discretion for any purpose and which have not been designated by them previously

11 Analysis of Net Assets between Funds

Unrestricted Funds:
General		 Tangible
Fixed Assets
Net Current
Assets
Total 2024 Total 2023
-
280,217
280,217
272,343
-
280,217
280,217
272,343

12 Trustees

During the year, none of the trustees received any remuneration from the trust and no expenses were reimbursed to any of them nor any paid on their behalf.

13 Related party transactions

The company received £150,000 (2023: £150,000) grant from People Show Properties Limited.

The following directors were also directors of People Show Properties Limited:

Gill Lloyd, Pete Staves, Jon Catty, Jessica Littlemor, Roxana Silbert and Patrick Holzen.

Apart from the above there were no other related transactions.

Page 14