Registered Company No. 03524224 (England and Wales) ReElstered Charlty No 1069144 FEVERED SLEEP (A CHARITABLE COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FEVERED SLEEP CHARITY INFORMATION Trustees Ros Attille Nicole Fu Conrad Lynch Selina Ocean {Chair} Margherita Barbagallo (appointed 26 May 2024) Bernadette Taylor (resigned 27 November 20241 Alex Tyrrell Guangduo Zhang Secretary Dimity Nicholls Key management personnel David Harradine, Co-Artistic Director/CEO Sam Butler, Co-Arti5tic Director Dimity Nicholls, Executive Director 03524224 (England and Wales} 1069144 Registered company number Registered charity number Reglstered office 15A Old Ford Road London E2 9PJ Independent examiners Simpson Wreford LLP Wellesley House Duke of Wellington Avenue Royal Arsenal London SE18 6SS Bankers Triodos Bank Deanery Road Bristol BSI SAS Shawbrook Bank Limited (CAF) Lutea House Warley Hill Business Park The Drive Brentwood, Essex, CM13 3BE The Charity Bank Limited Fosse House 182 High Street Tonbridge, TN9 IBE
FEVERED SLEEP CONTENTS Page Trustees, Report Independent examiners report Statement of Financial Activities Balance sheet Statement of Cashflows 10 Notes to the financial statements 11-19
FEVERED SLEEP TRUSTEES, REPORT FOR THE YEAR ENDED 31 March 2025 The Trustees are pleased to present their annual dlrectors. report together with the financial statements of the charity for the year ending 31 March 2025 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, 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 Republic of Ireland (FRS102}. Strurturep governance and management Goveming document Fevered Sleep (the Charity) was formed in April 1998 and is registered with the Charity Commission of England and Wale5 under registration number 1069144. It is a company limited by guarantee (company registration number 3524224 (England and Wales)} and is governed by its Memorandum and Artlcles of Association. The head office, which is also the registered office, Is currently at 15A Old Ford Road, London, E2 9PJ. Trustees The Trustees (who were also directors for the purpose of company law) who served the Charity during the period were as follows: Ros Attille Nicole Fu Conrad Lynch Selina Ocean (Chair) Bernadette Taylor (resigned 27 November 2024> Alex Tyrrell Guangduo Zhang {Treasurer) Margherita Barbagallo {appointed 26 May 2024) Day to day management of the Charity is the responsibility of Dimity Nicholls, Executive Director. Trustee recruitment. appointment and Indurtion Trustees are recruited in line with our Equity, Diversity and Inclusion policy, and initially interviewed bythe Chair, CEO and Executive Director. They arethen invited to observe a Trustees meeting before being voted onto the board by two existing Trustees. A full induction takes place ahead of the following meeting. Objerts and activities To advance education for the public benefit by the promotion of the arts, in particular but not exclusively, the art of drama. These activities include touring theatre productions, installations, workshops and participatory projects. The Trustees have complied with their duty in section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charities Commission.
FEVERED SLEEP TRUSTEES. REPORT FOR THE YEAR ENDED 31 March 2025 Achievements and performance During 2024/25 people engaged with our work through dance and other performances, participatory projects, film screenings, publications, blogposts, talks and conferences, our website, social media, apps and online events. A large part of our activity for the year was focused on post- production of a co-created film We Are Not Finished, and R&D and planning for a future touring production, fime Keeps The Drummer. As a development year in preparation for full delivery, this is reflected in in-per50n engagement figures as expected. Nevertheless, we directly engaged 10,690 people, with 90,754 people engaging digitally. We engaged 71 freelance creatives to collaborate on 6 projects in 7 regions. Annual engagement figures for dbgital and In person artlvlty: Onllne Vl8*¥1 DOl0#d5/ Bkywts/ w•bp4evblts prort Audl¢rK P¥rtldpnts Artistsltrèatlvé lIatratorS Partn• Publkallons weA Not Finished film Private preview screening This Grief Thing Crosby Library, Liverpool 12 Love and Not Knowlng Book launch at Wellcome Collection 68 165 Men & Glrfs Dance performances, 8arrow-in-Furnes5 182 1293 Care15... Poster dlsplay in B nt 31 io,Ix)o Ralse the Alarm screening of It's The Skln We're Llvlng In Time Keep5 The Drummer including Ageless Festlval, Leed5', origlnatlon London and Hong Kong,. crultmeTht workshops & rehear5a15 43 350 304 14 152 Presentatlon at conferences/ tslkslmentoring Twitter/lnstagrarn/Facebook IYouTubelWimeol5oundclou d followers and reach NA. 55.234 125 Blogposts cornmls51onedlwrltten NA. 2473 Webstte en8a8ement NA. 31,437 TOTAL IOh90 325 71 90.754 133
FEVERED SLEEP TRUSTEES, REPORT FOR THE YEAR ENDED 31 March 2025 Presentatlon of work The programme was presented with 7 UK partners across 5 regions and 2 international partners, including the British Council, Hong Kong and engaged 71 independent artists and practitioners. This Grlef Thing is a project that aims to encourage people to accept grief as a healthy response to death which does not need to be silenced, hidden or ignored. In 2024125, we delivered Grief Gathering tralnlng for a group of local arts and community practitioners in partnership with Sefton Libraries in Merseyside. We Are Not Finlshed foregrounds children's resistance to a status quo that has failed them. It is about children as political agents with radical imaginations, fierce opinlons and wild hopes. In 2024125 we completed the film version of the project, working with the same cast of children and young people as the theatre show in 2021. We held a private screening for family and friends of the cast at BLOC cinema, Queen Mar¢s University. Tlme Keeps The Drummer After a 10 day research and development visit to Hong Kong in January 2023 hosted by our partner, West Kowloon Cultural District (rebranded as WestK in Sept 2024), we undertook R&D and origlnation in London with partners The Place and Artsdepot. We then undertook recruitment and rehearsals in March 2025 for the show's world premiere in Hong Kong in April. Love and Not Knowlng This exploration of the work of Fevered Sleep since 1996 was commissioned by Performance Research Books as part of their'lnside Performance Practice, series. The book combines text, critical reflection, scholarly and theoretical analysis of our practice, the voices of partners, practitloners and participants, and the views of the makers. We launched this publication In June 2024 at the Wellcome Collection, London. Care Is... We developed our co-created participatory work including a photography and poster campaign project commissioned by Brent Council to work with a group of young carers. Fevered Sleep led a creative session in February 2024, during which the participants created portrait photographs to be rolled out in a poster campaign across the borough later in that year, to raise awareness of the young carers, service and the lived experiences of those who access the service, Men & Girls Dance Our contemporary dance plece performed by professional male dancers and nine glrls aged 8 - 11, that explores intergenerational relationships, trust and care. Following the project's ongoing success, we made our eleventh version with partner BarrowFull, presenting at The Forum in Barrow-in-Furness. The residency established an important new relationship with the Arts Council England Creative People and Places organisation, BarrowFull and successfully showcased the project in the North West.
FEVERED SLEEP TRUSTEES, REPORT FOR THE YEAR ENDED 31 March 2025 Consultancy. leadership and advocacy." We continued to be a steering-group member of the Artist Led Network, a cohort of around 80 independent performance producing organisations that work together to collectively address challenges faced by the Independent performance sector, and to advocate and lobby with funders, venues, and larger national organisations for a more care-centred and equitable sector. Co-artistic director/CEO David Harradine continued in his role as Professor of Interdisciplinary Practice at The Royal Central School of Speech and Drama, University of London (Central), supporting established and emerging practitioners and artists to develop a research-led creative practice. Fevered Sleep continued to be Associate Artist at Central. buildlng bridges between the academy and professional contexts. David also provided ongoing mentorship for a number of other companies and practitioners, including Magic Acorns (Great Yarmouth> as part of a Youth Music-funded research project and Shybairn Theatre; was a consultant artist on the redevelopment of the Jerwood Choreographic Research Project (led by the dance development agency Fabric); and collaborated- together with co-artistic director Sam Butler- with artist/producer Keisha Thompson on a new opera for chlldren, supported by Factory Internatlonal and Opera North. Managerlal report Our role as Associate Artist at Central, continued. This secures an annual fee, plus the abllity to apply for research, knowledge exchange and impact funding, to deliver research outcomes through our practice. We will continue to deepen our lrnpact research relationship with Central through the completion of a piece of impact research and evaluation of our co-creation projects, working with external researcher Dr Kate Wakeling. Our office at 15A Old Ford Road since 4th March 2020 has provided secure and cost-effective space from which to operate. We are one of many voluntary and arts sector organisations based at the communlty hub, St Margaret's House. From July 2025, we have sublet one room to 1927 Productions Limited, contributing to our earned income. We continue to benefit from the John Ellerman Foundation for core funding. We will receive £40,000 per year until 31st March 2026 to support our work and team. Future Plans We will continue to bulld our programme In 2025126, exploring arts forms, partnerships, research and collaborations. We will contlnue the UK tour of Tlme Keeps The Drummer to Nottingham, Cambridge and one other partner tbc. We will tour the film version of We Are Not Finished, to generate income and further raise the profile of the company. We will present This Grief Thing with the Barbican, and have been commissioned by Factory Internatlonal to undertake some R&D with cornmunities and children and young people in Manchester. Fevered Sleep starts the next financial year with a strongfinancial foundation and is a going concern.
FEVERED SLEEP TRUSTEES, REPORT FOR THE YEAR ENDED 31 March 2025 Financial Revlew Forthe year ended 31 March 2025 the total income was £412,823, this compares to the previous vear when gross income totalled £349,445. There were no restricted funds brought forward. We are showing £179,062 of total unrestricted funds remaining at year end. These funds will be used to support the work of the company from 2025126. General free reserves amount to £94,062, and total designated reserves total £85,000 (please see reserves policy below). Earned income £16,034 which was lower than in 2023/24 (£28,589). Risk assessment. depreciation, banking and reserves pollcy The Company is dependent on project funding to support its activities but has controls in place to manage the risks associated with a shortfall in funding. The Board of Directorfs finance sub- committee reviews accounts thoroughly each quarter, financial systems are reviewed annually and the Board is kept informed of the financlal position of the company through quarterly management accounts and reports. The Company has established a depreciation policy - to optlmise any capital expenditure over £2,000. Deslgnated reserves of £85,000 have been retained at the end of 2024125. These reserves are only releasable by the Board for the core operating costs for three months to fulfil all necessary commitments in the event of the demlse of the Company. Trustee< ResponsibilitSes The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity Trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including income and expenditure of the charity for that period. In preparing the financial statements the Trustees are required to: select suitable accounting policies and then apply them consistently; obsenie the methods and principles in the Charities SORP; make judgements and estlmates that are reasonable and prudent; state whether applicable accounting standards have been followed subject to any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume the charlty will continue in business.
FEVERED SLEEP TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financlal statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other Irregularities. The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation In other jurlsdlctions. So far as each Trustee is aware, there is no relevant information {information needed by the charitys independent examiners in connection with preparing their report) of which the charitvs examiners are unaware; and each director has taken all the steps that they ought to have taken as a director In order to make themselves aware of any relevant audit information and to establish that the charitys examiners are aware of that information and to establish that the charitvs examiners are aware of that information. Independent Examlners Simpson Wreford LLP were appointed as Independent Examiners during the year and have expressed their willingness to continue in that capacity. The above report has been prepared in accordance with the speclal provisions of section 419(2) of the Companies Act 2006 relating to small companles. Date approved by the Board on..q.112 Signed on behalf of the Board Selina Ocean-chair
FEVERED SLEEP INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF FEVERED SLEEP FOR THE YEAR ENDED 31 March 2025 I report to the Charity Trustees on my examlnation of the accounts of the company for the year ended 31 Marth 2025, which are set out on pages 8 to 19. 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 charitvs accounts as carried out under section 145 of the Charities Act 2011 (the '2011 ACY). 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 examinerfs report Since the companvs gross income exceeded £250,000 your examiner must be a member of body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, which Is one of the listed bodies. 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: (l) accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or {21 the accounts do not accord with those accounting records; or {31 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 fairf view which is not a matter considered as part of an independent examinatlon; 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 concern5 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. Kate Taylor FCA For and behalf of Simp50n Wreford LLP, Chartered Accountant5 Institute of Chartered Accounts in England and Wales Wellesley House Duke of Wellington Avenue London, SE18 6SS Dated: 11 b2£QfrknJJotr' Zry£
FEVERED SLEEP STATEMENT OF FINANCIAL AcfiviTIES IINCORPORATING THE INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 March 2025 Unrestrlcted Funds Restrlcted Funds Total funds 2025 Notes Totsl funds 2024 INCOME Donations and legacies Charitable activities Investments Other TOTAL INCOME 232,438 16,034 1,013 33,971 283,456 129.367 361.805 16,034 1,013 33,971 412,823 292.656 28,589 974 27.226 349,445 129,367 EXPENDITURE ON: Fundraising Charitable actlvlties Other TOTAL EXPENOITURE 317,388 3,633 321,021 59,3 376,688 3,633 380,321 321.763 2,430 324,193 59,300 NEf INCOMEI{EXPENDITURE) 137,5651 70.067 32,502 25,252 Transfers ltheen funds NET MOVEMENT IN FUNDS 137,5651 70,067 32,502 25252 RECONCILIATION OF FUNDS Total funds brought forward Total funds carrled foNiard 216.627 179,062 216,627 249,129 191,375 216,627 70,067 The results for the year derive f rom cortinuing activities, and there are no other gains or losses other than those shown above. The notes on pages 8 to 19 form part of these f Inancial statements.
FEVERED SLEEP BALANCE SHEEf AS AT 31 March 2025 Notes 2025 2024 Flxed Assets TaNdlble fixed asset5 4,321 Current Assets Debtors Cash at bank and In hand 49,251 203,105 252,356 38,530 188,544 227,074 Credfto Amounts falling due within one year {4,9271 114,7681 Net current assets 247,429 212,306 Totsl net assets 249,129 216 627 The Funds of the Charlty Unrestricted Funds Restrlcted Funds io 179,062 3067 249,129 216.627 216,627 For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. The Trustees have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 These financial statements have been prepared in accordance wlth the provisions applicable to companies subject to the small companles, reglmes The financial statements on pages 8 to 19 were approved by the Board of Trustees on q..l.l.E.l..T.Tr.ISand were signed on its behalf by Selina oan Company registration number- 03524224 (England and Wales)
FEVERED SLEEP STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 March 2025 2025 2024 Cash used In operatlng actlvil*s Net cash generated by operating activities 16 13.549 28,000 Cash flows from Investlng activities Interest income 1,013 974 Cash generated by Investing actlvities 1.013 974 Increase in cash and cash equivalents in the year 14,562 28,974 Cash and cash equivalents at the be8inning of the year 188.544 159,570 Totsl cash and cash equivalents at the end of the year 203,105 188,544 10
FEVERED SLEEP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025 l Accountlng policies 1.1 Basis of preparation of financial statements The financial statement5 have been prepared in accordance with Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS1021- (Charities SORP IFRS102)I, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006. The financial statements are prepared in sterlin& which is the functional currency of the company. Monetary amounts in the financial statements are rounded to the nearest £. The effects of events relating to the year ended 31 March 2025 which occurred before the date of approval of the financial statements by the Trustees has been included in the financial statements to the extent required to show a true and fair view of the state of affairs at 31 March 2025 and the results for the year ended on that date. Fevered Sleep meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(sl. 1.2 Income Income is recognised when the charity is legally entitled to the funds. any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably. Except as follows: Donations are received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. Charitable activity income 15 recognised in full in the Statement of Financial Activities in the period in which is specified by the donor. When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in incoming resources until the pre-conditions for use have been met. When donors specify that donatlons and grants are for a particular restricted purpose thls Income is included in incoming resources of restricted funds when receivable li
FEVERED SLEEP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025 1.3 Donated servlces and facllltles Donated professional services and donated facllitles are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charitles SORP (FRS 1021, the general volunteer time of volunteers is not recognised. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a correspondin8 amount Is then recognised in expenditure in the period of receipt. 1.4 Expendlture 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. Certain expenditure is directly attributable to specific activities and has been included in those cost categories. Certain other costs, which are attributable to more than one activty, are apportioned across cost categories on the basis of staff costs spent on those activities. Expenditure is classlfled under the following activity headings: Charitable activities costs Include the direct cost of providing services, as well as a share of overheads. Other costs include the cost of compliance with the charity's constitutional and statutory requlrements. The cost of fundraising relates to the costs incurred by the charity in raising funds for charitable work. 1.5 Tanglble flxed a55ets and depreciation Flxed assets are valued at cost, with Impalrment reviews performed annually. It is the policy of the company to provide depreciation at the following annual rate in order to write off each asset over its estimated useful economic life. Computer equipment Technical equipment 33% straight line basls 25% reducing balance basis 1.6 Forelgn currencles Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are considered in arriving at the operatlng proflt. 1.7 Debtors Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid. 12
FEVERED SLEEP NOTES TO THE FINANCIAL sTATEMEr$ FOR THE YEAR ENDED 31 March 2025 1.8 Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 1.9 Creditors and provlslons 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 thlrd 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. 1.10 Financial instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. 1.11 Penslons The Company operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme. 1.12 Fund accounting General funds are unrestricted funds which are avallable for use at the discretion of the Trustees in furtherance of the general objects of the Charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Statutory grants which are given as contributlons towards the Charity's core services are treated as unrestricted. 1.13 Going concern At the time of approving the accounts, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees to adopt the going concern basis of accounting in preparing the accounts. Company Information Fevered Sleep is a company limited by guarantee, incorporated in England and Wales and registered as a charlty with the Charities Commission. The registered office is 15A Old Ford Road, London E2 9PJ. 13
FEVERED SLEEP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025 3 Income Unrestrfrted Re5tr1rted 2025 Totsl 2024 Total 3.1 In¢ome from donation5 and le8a¢les LtIonS 2,497 2,497 335 6ranthi(ome Arts Councll England- Natlonal Portfolio Funding Arts Council England- Tourlng Project Grant Fundin8 John Ellerman Foundation Rordl Central School of Speech and Drama 204,861 2114,861 64,367 40,000 50X)80 204.861 64,367 40,000 25,000 40,000 47,460 25,080 3.3 Income from charltable artNltles Performance fees and commissions Books, DVDS and screenings 15,730 304 15.730 304 28,295 294 3.3 Income from Investments Bank interest te1Ve 1,013 1,013 974 3.4 Other Income Other Theatre Tax Relief 24,215 9,756 24,215 9,756 I,ioo 26,126 283.456 129,367 41223 349,445 4 Income bvart1ty 11nKeepS Thl$6rt AnnIVeOry Mefta Girfs theDThrnmer Ththg Yothshlre Drynce Core 25Totoi 24T0tl Donatlons Granlincorn¢ Perforrnan fees and comrn15$1ons Books. DVDsand screenin85 Imiestment incorne Other income 1497 32L720 1497 359,3ce 15,7>) 291321 4,9JJ 18171 449 672 1,013 971 974 27,226 14,350 L1kn7 17,999 449 4,930 411823 349,445 14
rri N f*l
FEVERED SLEEP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025 6. Staff information Staff costs forthe year were as follows: 2024 Salaries and wages Soaal security costs Staff pension costs 166,496 11,934 9,961 188,391 97,509 4,502 2.925 104,936 The average number of staff employed directly by the Charlty during the year was as follows: 2025 2024 Direct project5 Administration There were no employees with remuneration in excess of £60,000. 16
FEVERED SLEEP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025 7. Tangible Flxed Assets Computer Equipment Tethnical Equipment Total Cost At l April 2024 Additions Disposals At 31 March 2025 9,754 4,937 14,691 9,754 4,937 14,691 Depreclatlon At l April 2024 Charge for the year Dlsposa Is At 31 March 2025 7,701 2,053 2,669 568 10,370 2,621 9,754 3,237 12,991 Net book value At 31 March 2025 1,700 1,700 At 31 March 2024 2,053 2,268 4,321 8. Debtors 2025 2024 Trade debtors Accrued Income VAT repayable Prepayments Other debtors 38,958 7,200 26,126 1,250 2,117 6,926 49.251 3,716 1,488 38,530 9. Credltors 2025 2024 Trade creditors Accruals Social security and other tax Other creditors 1,130 2,500 912 385 4,927 11,460 2,000 923 385 14,768 17
FEVERED SLEEP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025 10. Reconclliation of funds AsotiAprf Asqt Inwme Ewndknre Tron4ers MoRh 2025 Restrfrtedfvnds Artscouncll Enand- ToLwrn8 ProFct Grant FundinR John Ellemian FouThlatlon Royal Central School of Speech and Drama 64367 Ill(1) (É,0) (7.5001 (59.3001 51567 25,OLhJ 129,367 17,5 70,(7 UnrestiY£tedfvhols 131fi27 283,456 283,456 1321.0211 1321,0211 94A162 941162 DeslgnatedAunds Core operdtln8 85,0) 85,0(KTr rot•lfvnds 216,627 41223 1380,321 249.129 11. Purpose of funds Designated funds - designated reserves of £85,000 were retained at the end of 2024-25, that are only releasable by the Board for the core operating costs to ensure the continued running of the Company. Restricted funds - these funds are for the tour of Time Keeps the Drummer, due on tour in 2025126. 12. Related party transactions No Trustees have received any remuneration or reimbursement for any expenses. 13. Flnanclal Commltments As at 31 March 2025, the Charity was committed to making the followlng annual payments under non-cancellable operating leases as follows: 2025 2024 Expire within l year 18
FEVERED SLEEP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025 14. Pensions The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an Independently administered fund. The pension costs and charge shown in Note 6 represents the contributions payable by the company to the fund. The amount owing to the pension fund as at 31 March 2025 is £912 (2024- (£448)). 15. Corporation Tax The Charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. 16. Re¢on¢iliation of net movement in funds to net cash flow from operatlng artivitie5 2025 2024 Net movements in f unds 32,502 25.252 Deduct: interest shown In investing actimties 11.0131 19741 Add back= depreciation charBe 2.621 3,502 Ilncreasel in debtors 110.7211 14A121 IDe¢re3selllncrease in creditors 198411 5.033 13.549 28,Cl)D 19