2022-03-31-accounts

Trustees			Ms S Frankenburg	Ms S Frankenburg
			Mr H Stultz
			Mrs H Harte
			DrS0Jarrett
			Mr SCaseley
			Ms DJ M Robinson
			Ms JAkinwumi-Reid				(Appointed	22 February 2022)
			Ms L B Pugh				(Appointed	22 February 2022)
Secretary			Mrs J Dyer
Senior staff			Sarah Archdeacon,			Artistic Director
			Bridget Chew,	Associate Artistic Director
			Jacobus Flynn,	Associate Artistic Director
			Housni Hassan, Associate Artistic Director
			Jennifer Dyer,	General			Manager
Charity number			1067832
Company	number		03491964
Registered		office	Carlton Mansions
			387 Coldharbour		Lane
			London
			SW9 8GL
Independent		examiner	Joanne Baldwin
			The Oakley
			Kidderminster	Road
			Droitwich
			Worcestershire
			WR9 9AY
Bankers			CAF Bank
			25 Kings Hill Avenue
			Kings Hill
			West Mailing
			Kent
			ME194JQ
			TSBBank pic
			PO Box1000
			BX47SB

			Page
Trustees' report			1-6
Independent examiner's		report
Statement offinancial	activities
Balance sheet
Notes to the financiai	statements		10-19

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2022	2022	2022	2021	2021	202'l
		Notes	R
Income from:
Donations and	legacies
(including Gift Aid)			107,584	28,782	136,366	104,989	78,518	183,507
Income from charitable
activities			17,588	500	18,088	2,098		2,098
Total income			125,172	29,282	154,454	107,087	78,518	185,605
Charitable activities		5	105,424	60,782	166,206	65,773	71,201	136,974
Gross transfers	between
funds						5,915	(5,915)
Net income/(expenditure)		for
the year/
Net movement	in funds		19,748	(31,500)	(11,752)	47,229	1,402	48,631
Fund balances	at 1 April
2021			148,103	66,204	214,307	100,874	64,802	165,676
Fund balances	at 31
March 2022			167,851	34,704	202,555	148,103	66,204	214,307

				2022		2021
			Notes
Fixed assets
Tangible assets					118		158
Current assets
Debtors			12	349
Cash at bank and	in	hand		208,128		220,676
				208,477		220,676
Creditors: amounts		falling due within
one year			13	(6,040)		(6,527)
Net current assets					202,437		214,149
Total assets less	current liabilities				202,555		214,307
Income funds
Restricted funds					34,704		66,204
Unrestricted funds
Designated funds			16	84,348		82,778
General unrestricted		funds		83,503		65,325
					167,851		148,103
					202,555		214,307

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		2Q22	2Q21
			E
Income from charitable	activities - see detail below	18,088	2,098
Analysis by fund
Unrestricted funds		17,588
Restricted funds		500
		18,088
Forthe year ended 31	March 2021
Unrestricted funds			2,098

			Restricted	Unrestricted	Total	202	otal	2021
En a ement	fees			4,818	4,818		178
Performance	fees			12,127	12,127		1,920
rainin fees				25
S eaker fees				538	538
Other			500	80	580
otal charitable		income	500	17,588	18,088		,098

				2022	2021
Staff costs				77,053	79,686
Depreciation and	impairment			40	40
Fees and commissions			to artists	43,111	32,108
Transport costs				3,061	266
Rehearsal costs				9,548	675
Materials, props	and costumes			40	457
Rent				6,300	5,874
Insurance				822	779
Telephone and postage				428	691
Printing and stationery				155	2,175
Artistic activity costs				13,663	4,682
Consultancy				550	450
Subscriptions and publications				1,058	718
Sundries				747	1,107
Training costs				533	1,275
IT and computer	software			14	210
Group visits					850
Freelance costs				4,540	975
				161,663	133,018
Share of support	costs		(see note 6)	1,867	1,847
Share ofgovernance		costs (see note 6)		2,676	2,109
				166,206	136,974
Analysis by fund
Unrestricted funds				105,424	65,773
Restricted funds				60,782	71,201
				166,206	136,974

Support costs
		Support costs	Govern ance costs	2022	2021	Basis ofallocation
Marketing		187		187	187
Payroll administration		1,680		1,680	1,660
Independent examination	fees		1,608	1,608	1,560	Governance
Meeting costs			631	631	102	Governance
Accountancy			437	437	447	Governance
		1,867	2,676	4,543	3,956
Analysed between
Charitable activities		1,867	2,676	4,543	3,956

Net movement in funds	Net movement in funds	Net movement in funds				2022	2021
							R
Net movement	in funds	is stated	after charging/(crediting)
Fees payable	to the company's		examiner for the independent	examination	of
the company's	financial	statements				1,608	1,560
Depreciation	ofowned	tangible	fixed assets			40	40

2022	2021
Number	Number

9	Employees		(Continued)
	Employment costs	2022	2021
	Wages and salaries	72,458	75,136
	Social security costs	2,406	2,227
	Other pension costs	2,189	2,323
		77,053	79,686

11	Tangible fixed assets
			Fixtures and fittings
	Cost
	At 1 April 2021			388
	At 31 March 2022			388
	Depreciation and impairment
	At 1 April 2021			230
	Depreciation charged	in the year		40
	At 31 March 2022			270
	Carrying amount
	At 31 March 2022			118
	At 31 March 2021			158
12	Debtors
			2022	2021
	Amounts falling due	within one year:
	Trade debtors		349

13	Creditors: amounts	falling due within one year
			2022	2021
	Trade creditors		2,921	4,845
	Accruals and deferred	income	3,119	1,682
			6,040	6,527

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			Movement	in funds		Movement
						in funds
		Balance at	Incoming	Resources	Balance at	Incoming	Balance at
		1April 2020	resources	expended	1April 2021	resources	31March
							20+
Arts Council England
National	Portfolio	44,343	101,840	(63,405)	82,778	1,570	84,348
		44,343	101,840	(63,405)	82,778	1,570	84,348

Analysis ofnet assets between funds
	Unrestricted	Unrestricted
	general	designated
	funds	funds	Restricted	Total
Fund balances at 31 March 2022 are
represented by:
Tangible assets	118			118
Current assets/(liabilities)	83,385	84,348	34,704	202,437
	83,503	84,348	34,704	202,555