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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Company|||number|03251499(England||and|Wales)|||
|Charity|number|||1064633||||||
|Trustees/Directors||||LA Device —resigned 30 November|||||2022|
|||||F I Sweeney —appointed|||10August||2022|
|||||CA Maud —resigned 30|||November||2022|
|||||M Mkandawire —resigned|||30|November 2022||
|||||J D Mollica||||||
|||||A Saunders||||||
|||||A BSoares de Oliviera||||||
|||||AWoolf —appointed||22 February 2023||||
|||||LJStVille||||||
|||||G Heyworth —appointed
22 February 2023||||||
|||||RMondesir-Clarke|—appomted|||31 May 2023||
|||||M AWright||||||
|||||FAwan||||||
|Company||Secretary||S FWillson||||||
|Registered
operational|||and
address|C2, 3Cripps Yard
Soames Walk||||||
|||||Design District||||||
|||||Greenwich||||||
|||||London||||||
|||||SE10OBQ||||||
|Bank||||The Co-Operative|Bank|||||
|||||PO Box250||||||
|||||Delf House||||||
|||||Southway||||||
|||||Skelmersdale||||||
|||||WN96WT||||||
|Independent|||Examiners|Simpson Wreford|LLP|||||
|||||Wellesley House||||||
|||||Duke ofWellington||Avenue||||
|||||Royal Arsenal||||||
|||||London||||||
|||||SE186SS||||||
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|||||FOR|THE YEAR E|NDED 31|MARCH 20|23|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Designated|Designated|||
|||||Notes|funds|funds|funds|capital fund|2023Total|2022Total|
||||||5|5|5|5|5|5|
|INCOME|FROM:||||||||||
|Donations|and legaoes||||175,395|2,000|||177,395|368,975|
|Charitable|acbvaiea||||182,756|238,650|||421,406|327,401|
|Invealment|income||||1,144||||1,144|431|
|Other|||||21,731|||19,195|40,926|36,457|
|Total incorre|||||381 026|240 650||19195|640 871|733,264|
|EXPENDITURE ON:|||||||||||
|Charitable|activities||||390,226|269 158||51,028|710,412|644,169|
|Total expenditure||||6|390226|269 158||51 028|710412|644 169|
|TRANSFERS|||||14200||58 653|44453|||
|Net income/(expenditure)|||and nat||5,000|(28,508)|(58,653)|12,620|(69,541)|89,095|
|movement|in funds forthe||year||||||||
|Reconciliation of||funds|||||||||
|Total funds|brought|forward|||90000|69961|116626|38409|314996|225 901|
|Total funds|cerned|forward|||95000|4 453|57973|51 029|245455|314996|
##
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||||2023|2022|2022|
|---|---|---|---|---|---|
|||Notes|8|8|8|
|Fixed assets||||||
|Tangible fixed assets|||57,156||42,958|
|Current assets||||||
|Debtors||12|64,924|73,582||
|Cash at bank and|in hand||150,495|309,743||
||||215,419|383,325||
|Creditors:||||||
|Amounts
falling due within one year||13|27,120|111,288||
|Net current assets|||188,299||272,038|
|Net assets|||245,455||314,996|
|The funds ofthe|charity|14||||
|Unrestncted
income funds|||95,000||90,000|
|Restricted
income|funds||41,453||69,961|
|Designated
funds|||57,973||116,626|
|Designated
capital|fund||51,029||38,409|
|Total charity funds|||245,455||314,996|
##
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|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
||||||||Notes||6|
|Cash(used|in)/provided||by operating||activities||17|(92,342)|154,467|
|Cash flows|from investing||activities|||||||
|Interest income||||||||1,144|431|
|Purchase of|tangible|assets||||||(68,052)|(59,028)|
|Cash (used|in) investing activities|||||||(66,909)|58,597)|
|(Decrease)/increase||in cash and||cash equivalents||in||(159,250)|95,870|
|the year||||||||||
|Cash and cash equivalents|||at the beginning|||||309,745|213,875|
|ofthe year||||||||||
|Total cash and cash||equivalents||at the end of||||150,495|309,745|
|the year||||||||||
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|2
INCOME FROM|DONATIONS|DONATIONS|DONATIONS|DONATIONS|AND|AND|LEGACIES|LEGACIES|LEGACIES||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Unreslrlmed
6||Restnmedf|Total|Total
E|
|Drriaiioris|||||||||||11978|2 DCD|13,978|12886|
|Gmnts|||||||||||||||
|Arts Council N England|- National|||portfo, io|||||||122917||122917|122,917|
|Arts Counol o(England|- Cultural|||Recmery|||Fund||||4D 50D||40,5CO|233 172|
||||||||||||183417||163,417|356,069|
|3
INCOME FROM|CHARITASLE|||||ACTIVITIES|||||||202S|2022|
|||||||||||Un|amcted|Restricted|Total|Tots
I|
||||||||||||||6|E|
|Arts Co
I ofEngland||Imestment|||Fund||(Croydon)|||||18,750|1&750|18750|
|Arts counol
OIEngland|-|Inrastmem|||F nd||(Brant)|||||ie,ySO|18,750|18750|
|Arts Counml
of E gl
d||Inmstment|||Fund||(Errieltl)|||||10,000|10.000|10.COO|
|Art
C
nml of England|-|Inmstment|||Fund||(Ns|h|)|||3,0CO|3,000||
|Arts and Humanibes
Reseamh|||C||nc|I||||||48,003|48,003|59096|
|Chapman
Chantable
Tn|st|||||||||||||1,000|
|The Co k yne Foundation||||||||||||15 COD|15,0CO||
|Coyly Carte chantaDle|Trust|||||||||||||4,000|
|Esmee FaItem|||||||||||12,000||12,000|8,000|
|Foyle Fou dat on||||||||||||||15,000|
|Gamck ChantaDle
Tmst||||||||||||5,000|||
|Hackney
Counol||||||||||||||4,980|
|Impanel
Health Chanty||||||||||||15,000|15,$I0||
|Jelwrmd
Arts||||||||||||1,525|I 525|10,0(O|
|Knight
Dragon
London Commursty
Response|||Fund|||||||||20JMO|20,000|'5 000|
|Lucrae Gnthem
Trust||||||||||||||3000|
|L&O Place Maker||||||||||||18,634|18,634||
|818ichus Tmat||||||||||||||5 000|
|parsi Tmst||||||||||||15,000|15,000||
|Roddick Foundation|||||||||||22 COO||22,000|30,000|
|SCOPS Art Tmst||||||||||||||5,000|
|Stanley Thomas Johnson||||||||||||9966|9 NM||
|The Harold
Hyam
iilrmgate||Foundation||||||||||4,000|4 000|4.000|
|Uniuerety
ofOxford||||||||||||36,000|36 COO||
|Ward Blank nsop Trust||||||||||||||10,000|
|weston Jensood Cmmm!||surely||||||||||||6862|
|||||||||||||238,8SD|272,850|228,439|
|Fees and box oS
ncome|||||||||||7,101||7,101|12353|
|F
and sale ofpnxluct||ncome|||||||||62,655||82655|65 236|
|Space riire|||||||||||36507||36,507||
|Cap tat contntxn
ns|||||||||||19195||19,195|19.195|
|Other
ncome|||||||||||3.298||3,298|2 179|
||||||||||||148,756||148,756|98,963|
||||||||||||358,151|240 650|598,801|696376|
|4
INCOME FROM|INVESTMENTS||||||||||||2023|2022|
|||||||||||Uhrestriclell||Rastrlmed|Total|Total|
||||||||||||6|||f|
|Bank Intermt|||||||||||1 144||I,144|431|
|5.
INCOME FROM|OTHER||||||||||||2023|2022|
|||||||||||Unmabicled
8||R8 Sbl chidf|Tots I
t'|Total
s'|
|Theatm Tax Rel
f|||||||||||40926||40 926|36,457|
##
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|||Direct|Support|Other|2023|2022|
|---|---|---|---|---|---|---|
|||activities|costs|costs|Total|Total|
||||6|5
f||5|
|Salaries||329,187|||329,187|324,854|
|Other staff costs||2,265|||2,265|1,632|
|Freelance fees||150,525|||15D,525|158,116|
|Other direct costs||4,814|||4,814|5,188|
|Producbon casts||33,015|||33,015|32,540|
|Marketing||5,828|||5,828|3,975|
|Fundraising||4,260|||4,260|10,750|
|Property overhead|||70,540||70,540|31,065|
|Admmistrakcn||56,123|||56,123|55,328|
|Depreciation||53853|||53,853|20 721|
|||639870|70540||710,412|644 169|
|Support costs are allocated to|proiects on a staff|apportionment
bteis.|In the case ofsalaries support costs are||||
|allocated on a time spent basis|||||||
|Property
overhead||70540|70 540||||
|||710410|||710412|644169|
|6.1.
PROJECTS ANALYSED BYACTIVITES|||||||
|||||Performing|||
||Core|Participation|Performance|Medicine||Tots I|
|||6|||E|E|
|Salaries|9,463|67,376|89,260||163,087|329,186|
|Other staff costs|2,265|||||2,265|
|Freelance fees|346|40,525|54,720||54,934|150,525|
|Other direct costs|(5)||4,787||32|4,814|
|Production costs|2,167|1,652|13,038||16,158|33,015|
|Marketing|375|392|3,472||1,589|5,828|
|Fundraising|||4,260|||4,260|
|Property
overhead|69,756|233|348||204|70,541|
|Administration|45,446|3,672|6,579||426|56,123|
|Depreciation|53,853|||||53,853|
||183,666|113,850|176,464||236,430|710,411|
##
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##
|7.
STAFF COST|S|||||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||||||||6|
|Staff costs were as follows:||||||||
|Salaries and wages||||||291,204|287,672|
|Soaal secunty costs||||||37983|37,182|
|||||||329,187|324,854|
|The average number|of staff employed||during||the year, was as follows;-|||
|ProNcts||||||12|10|
|Adni nistrati on||||||1|2|
|||||||13|12|
|There were no employees||with emoluments||above 660,000.||||
##
|||2023|2022|
|---|---|---|---|
|||6|6|
|This is stated|after charging.|||
|Independent
Depreciation|examiners fee
of owned assets|2,400
53853
~56 253|2,000
~20 720
~22 720|
##
##
##
||Leamhold
Improvements|Computer
Equipment|F*t
Fgtlnga|(Esca
Equi pment|Tots I|
|---|---|---|---|---|---|
|Cost||||||
|At I Apnl 2022|57,613|18892|I 179||77,684|
|AdCitions|||1 649|2,555|a!,052|
|At 31 March 2023|121,261|18892|3,D28|2,555|145,736|
|Depreciation||||||
|At I April2022|19,204|14,344|1,179||34727|
|Charge forthe year|si 025|1,137|924||53853|
|At 31 Mach 2023||15,481|2,103||88,580|
|Net book
al e||||||
|At 31 March 2023|51029|3,41I||1,791|57,156|
|At 31 March 2022|38409|4,548|||42,957|
|12.
DEBTORS||||||
|||2023|2022f|||
|Trade debtors and accrued|income|13.233|30,082|||
|Other debtors||41,024||||
|Prepayrnents||8,137|28,518|||
|VAT refund||2 530|14,983|||
|||64,925|73,582|||
||2023f|2022f|
|---|---|---|
|Trade creditors|7,072|69,998|
|Other creditors|8,093|12,308|
|PAYE|1|232|
|Credit card|2,258|3,655|
|Accrusts|9,696|5,096|
||27,120|111,rs|
##
##
|14.
ANALYSIS OF||UNREST|RI|CTED AND REST|RICTED FUND|S||||
|---|---|---|---|---|---|---|---|---|---|
||||||Balance
Blfwd|Incoming
resources|Resources
expended|Transfers|Balance
Clfwd|
||||||E|E|F.|E|E|
|Restricted funds||||||||||
|Arts Counal
England|-|Inwstment||Fund (Croydon)||18,750|(18,750)|||
|Arts Council
England|-|Inxestment||Fund (Brent)|18,750|18,750|(37,500)|||
|Arts Council
Eng(end|-|Inwstmerrt||Fund (Eniieid)|1D,DDD|10,000|(20,000)|||
|Arts Council England|-|Inwstmeni||Fund (Newhsm)||3,00D|(3,000)|||
|The Cockayne
Foundation||||||15,000|||15,000|
|D'oyly Carte Charitable||Trust|||2,000||(2,000)|||
|Donations||||||2,000|(2,000)|||
|Foyle Foundation|||||7,500||(7,500)|||
|Ganick Chantable
Trust||||||5,000|(5,000)|||
|Hackney
Council|||||4,980||(4,980)|||
|Impanel
Health Chanty||||||15,000|(10,000)||5,000|
|Jelwood Alta||||||1,525|(1,525)|||
|Knight Dragon||||||20,000|(20,000)|||
|Lucille Graham
Trust|||||1,500||(1,500)|||
|L&O Place Makers||||||18,634|(18,634)|||
|Marchus
Trust|||||2,500||(2,500)|||
|Portal
Trust||||||15,000|(15,000)|||
|Arts and Humanities|Research||Counmi||13,731|48,003|(61,734)|||
|The SCOPS Ari Trust|||||5,000||(5,000)|||
|Stanley
Thomas Johnson||||||9,988|(1,000)||8,988|
|The Harold
Hysm
VVngste Fou|||dei on||4,000|4,000|(4,535)||3,465|
|Unnersity
of Oxford||||||36,000|(27,000)||9,000|
||||||69,961|240,650|269,158||41,453|
|Unrestricted
Funds|||||90 OOD|381026|390226|14,200|95000|
|Designated
Capuel|Fund||||38409|19195|51 028|44453|51.029|
|Designated
Funds|||||116626|||58653|57973|
|TOTAL|||||314996|640871|710,412||245,455|
##
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|2023|2022|
|---|---|
|f|6|
|59,955|58,335|
##
|||2023|2022|
|---|---|---|---|
|||6|f|
|Net movement
in funds||(69,541)|89,095|
|Add back: depreciation|charge|53,853|20,720|
|Deduct: interest
income||(1,144)|(431)|
|(Increase)/decrease
in debtors
Increase/(decrease)
in creditom||8,658
~84 168|(4,870)|
|||92,342||