2021-03-31-accounts

	Page
Index to the Financial Statements
Report ofthe Trustees	3-6
Independent Auditors' Report	9-11
Consolidated Statement ofFinancial Activities	12
Charity Statement ofFinancial Activities	13
Consolidated and Charity Financial Positions	14
Group Accounting Pogcies	15-16
Notes to the Consolidated Accounts	17-24

			Reference and Admlnistr	ve	Details
Trustees
The Trustees of Shoreditch			Town Hall Trust, who are also directors ofthe charity company			for the purpose ofcompany	law,
during the	year to 31March		2021 and since that date have been:
Chairman:			Stephen N Robertson
Vice Chair	IActing	Chair:	Penny JWrout
Acting Vice Chair:			Michael D Berg
Trustees:			Heather D Clark Charrington
			Tania BHarrison
			William TC Hodgson
			Alexandra K M Jeffreys
			Jesse Jones
			Jonathan D McShane
			James TPidgeon
			Cllr Stephen Race
Secretary:			James Pidgeon
Senior management		team:	James Pidgeon (Director &Chief	Executive)
			Grant O' Brien (Head ofVenue &	Events)
			Ida Karimi (Head ofFinance &Administration)
			Eda Nacar (Head ofCommunications		&Audiences)
			Sam Evans (Head of Production)
Address and Registered ONce:
Shoreditch	Town Hall, 380Old Street, London EC1V9LT

Our Values	Our Values
	Adventure
	We embrace an adventurous spirit, relishing in the unexpected					and	the nsw. We constantly						champion		a	risk aware
	rather than risk averse approach.
	Collaboration
	We believe that collaborating with people		from afi backgrounds			and	walks of life is				the key		to success.		We value
	open, transparent and robust relationships.
	Entrepreneurialism
	We pride ourselves on our independency		and efficient use		of	resources. We strive					to bs entrepreneurial,					creative and
	innovative in everything we do.
	Progress
	Just like our founders, we are a flexible, forward-thinking,			progressive				organisation			that	explores new ideas, relishes
	experimentation, and chafiengss	outdated	models.
	Quality
	We strive to promote ths highest	quality in everything we do, whilst					remaining		open		to who		interprets and defines this.
Our Strategic Priorities
1.	A Welcoming Home
	We will continue to preserve, restore and		develop our landmark Grade II listed						building,			championing our unique
	history, heritage and architecture	whilst enhancing our accessibility,						openness	and		use	in a modem4ay				context.
2.	Our Programmes
	We will maintain and strengthen	an inventive, popular and			eclectic		programme		of	cultural,			community		and live event
	activity, animating our unique spaces, and positioning the				Town Hall			as a leading venue ofcontemporary								culture that
	sducates, enriches and inspires	locals and visitors alike.
3.	Proffle &Clarity
	We will build on the Town Hall's	existing brand and profile,			utilising		digital platforms,				press		exposure and innovative
	communication strategies to develop a clear and strong identity that							celebrates	representation,					inclusion		and
	excellence.
4.	Forging Connections
	We will ensure that Shoreditch Town Hall		is at the centre ofcivic life					in Shoreditch		and		East London, nurturing					new
	and existing relationships with local residents, businesses,				schools		and community				groups		whilst also		developing
	diverse and loyal visitors, partners, funders and collaborators					from	Hackney and further					afield.
6.	Developing Talent
	Ws will nurture and develop new	and existing talent, ensuring				the Town Hall is an				inspirational				learning		and
	development hub that provides transformative opportunities				to, and		celebrates		the		skill	and	energy of,		our staff,
	artists, and young people.
6.	Resilient Growth
	We will develop the Town Hall's	business	model, income streams,				environmental			sustainability				and good governance
	in order to strengthen our independency,		malleability and	long-term				resilience,	ensuring			the organisation				is enjoyed
	for generations to come.
			Annual review		2020/21

					2021	2020
		Unrestricted	Restricted		Total Funds	Total Funds
		Funds	Funds
	Notes	5	f		f	5
Income from:
Donations and legacies
Charitable activities		416,397	163,124		579,521	289,229
Other trading activities		208.961			208,961	1,053,164
Investments		179			179	793
Other		248			248	13,291
Total income		626,785	163	124	788,909	1,356,477
Expenditure on:
Raising funds	6	27,801			27,801	60,927
Charitable activities	9	556,161	168,794		724,955	1,066,291
Total expenditure		583962	168,794		752,756	1,127,218
Net operating Income I(expenditure)		41 823	(5)670)		36 153	229)259
Transfers between funds
Restricted to general	21	(134)		134
Net incoming resources for the year		41)689	(5	536)	36~153	229259
Reconciliation offunds:
Total funds brought forward		170,186	172,473		342,659	113.398
Total funds carried forward		211,875	166,937		378,812	342.657

							2021	2020
					Unrestricted	Restricted	Total Funds	Total Funds
					Funds	Funds
income from:
Donations	and legacies				33,834		33,834	15,760
Charitable	activities				416,227	163,124	579,351	289,229
Other trading activities					206,815		206,815	968,810
investments					179		179	793
Other income					248		248	108
					657303	163124	020~27	1274700
Expenditure	on:
Raising funds					4,030		4,030	13,275
Charitable	activities				572,602	168,794	741,396	1,060,541
					576632	160704	745~26	1073016
Net income	I(expenditure)		and movement	in funds	80,671	(5,670)	75,001	200,884
Transfers between		funds			(134)	134
Reconciliation offunds:
Total funds	brought	forward			167,417	172,473	339,890	139,006
Total funds	carried	forward			247,954	166,937	414,891	339,890

Consolidated and Charity Financ as at 31 March 2021	ial Positions
		The Grou		The Charl
		2021	2020	2021	2020
	Notes
Fixed assets
Tangible fixed assets	11,12	1,541	3,081	1,541	3,081
Investments	13,14			4	4
		1,541	3,081	1,545	3,085
Current assets
Stocks	15	4,124	4,795
Debtors	16	54,807	79,135	123,721	132,577
Cash at bank and In hand		eoe,o7e	539,244	572,342	480,419
		667,007	623,174	696,063	612,996
Creditors: falling due within one year	17	289,736	283,596	282,717	276 191
Net current assets/(liabilities)		377,271	339,578	413,346	336805
Net assets		378,812	342,659	414,891	339,890
The funds ofthe charity
Unrestricted funds		211,875	170,186	247,954	167,417
Restricted funds	22	166,937	172,473	166,937	172,473
Total charity funds	18,20	378,812	342,659	414,891	339,890

		Group		Charity
2	Net incoming resources	2021	2020	2021	2020
	Netincoming resources are stated after charging:	E		E	E
	Auditor's fees - audit services	7,600	7,600	1,850	1,850
	Auditor's fees - other services	1,750	1,800	1,750	1,800
	Depreciation - owned assets	1,540	1,540	1,540	1,540
	Trustees' emoluments

								2021	2020
4	Charitable	activities				Unrestricted	Restricted	Total	Total
							E	E	E
	Grant income					401,672	163,124	564,796	169,000
	Ticket &community			income		11,335		11,335	107,483
	Ticket booking fees					520		520	7,345
	Merchandise		sales			2,700		2,700	70
	Boxoffice commissions								5,331
	Ticket sales					170		170
						416,397	163,124	579,521	289,229
								2021	2020
5	Other trading		activities			Unrestricted	Restricted	Total	Total
							E	E	E
	Office rentals		&service charges			127,971		127,971	169,951
	Hall &room	hires				75,414		75,414	712,288
	Event staff &		security	costs recovery		3,430		3,430	86,571
	horeditch	Town Hall Tradin			Limited
	Bar income					2,146		2,146
						208,961		208,961	1,053,164
								2021	2020
s	Investments					Unrestricted	Restricted	Total	Total
						E	E		f
	Bank interest		received			179		179	793
						179		179	793

									2021	2020
7	Other						Unrestricted	Restricted	Total	Total
							E	8	8
	Miscellaneous	income					248		248	108
	Ditch Productions			Limit		d
	Theatre tax relief refund									13,183
									2021	2020
8	Raising funds						Unrestricted	Restricted	Total	Total
							8	s
	Misc hire recharge			costs			80		80	5,474
	Graphic &website			design			2,350		2,350	7,151
	Advertising &promotion						1,600		1,600	649
	h I hT wnH			IIT	din	Ltd
	Staff costs									14,334
	Purchases						3,852		3,852	28,731
	Other costs						58		58	4,205
	Dlt hP I	n	Llml
	Production costs						19,815		19,815
	Other costs						46		46	383
							27,801		27,801	60,927
									2021	2020
s	Charitable activities						Unrestricted	Restricted	Total	Total
							E	0	f
	Capital work expenditure							2,670	2,670	31,874
	Community project			expenses			6,039		6,039	13,969
	Cultural programme			costs			52,350	3,000	55,350	194,848
	Premises operating			costs			137,725		137,725	204,402
	Staff costs						240,191	163,124	403,315	432,453
	Boxoffice staff						8,888		8,888	22,943
	Repairs, maintenance				&office administration		101,598		101,598	155,963
	Board meetings						20		20	439
	Auditors fees						9,350		9350	9,400
							556,161	168,794	724,955	1,066,291
							Group		Charity
10	Staffcosts						2021	2020	2021	2020
							5	5	5	5
	Staff salaries						374,471	405,850	374,471	391,517
	Staff social security						22,315	33,120	22,315	33,120
	Staff pensions						6,529	7,817	6,529	7,817
							403,315	446,787	403,315	432,453

No remuneration was paid to any	Trustee or	their associates for services as a trustee during the year ended 31 March 2021 nor	their associates for services as a trustee during the year ended 31 March 2021 nor	their associates for services as a trustee during the year ended 31 March 2021 nor	their associates for services as a trustee during the year ended 31 March 2021 nor	their associates for services as a trustee during the year ended 31 March 2021 nor
at 31 March 2020.
Employees paid in excess of560,000during		the current year
and previous year:			None	None	None	None
Average number of(non-casual)	employees	during the year was:	12	14	12	14

or t	he ear ended 31 March 2021
11	Tangible gxed assets: Group	Technical	Fixtures 6	Office
		equipment	fittings	equipment	Total
		E	E	E	E
	Cost
	As at 1 April 2020	11,000	15,401	15,125	41,526
	As at 31 March 2021	11,000	15,401	15,125	41,526
	Depreciation
	As at 1 April 2020	11,000	12,320	15,125	38,445
	Charge for the year		1,540		1,540
	As at 31 March 2021	11,000	13,860	15,125	39,985
	Net book value
	As at 31 March 2021		1,541		1,541
	As at 31 March 2020		3,081		3,081
12	Tangible fixed assets: Charity	Technical	Fixtures &	Office
		equipment	fittings	equipment	Total
			E	E	E
	Cost
	As at 1 April 2020	11,000	15,401	15,125	41,526
	As at 31 March 2021	11,000	15,401	15,125	41,526
	Depreciation
	As at 1 April 2020	11,000	12,320	15,125	38,445
	Charge for ths year		1,540		1,540
	As at 31 March 2021	11,000	13,860	15,125	39,985
	Net book value
	As at 31 March 2021		1,541		1,541
	As at 31 March 2020		3,081		3,081
13	Investments	Group		Charity
		2021	2020	2021	2020
		E		E	E
	Market Value
	As at 1 April 2020
	As at 31 March 2021			4	4

					2021	2020
						E
Tangible fixed assets
Current assets					38,426	42,293
Current liabilities		due	within	one year	38,426 ~43.438	42,293 ~8457
					(5,012)	33,836
Represented by.
Share capital						2
Retained profits						33,834
					(5,012)	33,836
Turnover Cost ofsales					2,146 ~3052	84,354 ~43.065
Gross profit					(1,706)	41,289
Administration expenses					37,142	23,215
Net profit/(loss)	for year				(38,848)	18,074
Corporation tax	charge
Retained profit/(loss)			brought	forward	33,834	15,760
Retained profit/(loss)			cerned	forward	(5,014)	33,834

			2021	2020
			E	E
Tangible fixed assets
Current assets			1,428	22,461
Current liabilities: due	within	one year	1,428 ~32,488	22,461 ~55527
			(31,060)	(31,060)
Represented by:
Share capital Retained profits			2 ~31,062	2 ~31,062
			(31,060)	(31,060)
Turnover Cost ofsales			22,361 ~17.203	(12,132)
Gross profit			5,158	(12,132)
Administration expenses			5,158	2,883
Net profit/(loss) for year				(15,015)
Corporation tax charge Retained proW(loss) brought		forward	~37,062	25,315 ~41,362
Retained profit/(loss)	carried	forward	(31,062)	(31,062)

or t	he ear ended 31	March 2021
						Group		Charity
15	Stocks					2021f	2020f	2021 f	2020 f
	Goods for resale					4,124	4,795
						4,124	4,795
						Group		Charity
16	Debtors: amounts	falling due within one		year		2021 f	2020f	2021 f	2020f
	Operating debtors					7,037	62,484	7,037	61,655
	Accrued income					33,300		33,300
	intercompany account - STHTrading		Limited					40,084	3,250
	intercompany account - Ditch Productions			Limited				28,830	51,021
	Prepayments					14,470	16,651	14,470	16,651
						54,807	79,135	123,721	132,577
						Group		Charity
17	Creditors: amounts	falling due within one year				2021	2020f	2021 f	2020 f
	Operating creditors					79,639	45,782	78,377	43,826
	Deposits held					53,642	59,497	53,642	59,497
	VAT liability					(333)	1,783	(333)	2,092
	Payroll taxes						(95)		(95)
	Pension Fund						(22)		(22)
	Accruals					20,718	17,759	14,961	12,001
	Deferred income					136,070	158,892	136,070	158892
						289736	283898	282717	2761~1
					Opening	Resources	Resources	Other	Closing
18	The funds ofthe Group: current year ~dt dt d*				balance	arising f	utgissd	movements	balance
	Restricted income funds				172,473	163,124	(168,794)	134	166,937
	~n~tn t ~fi~ns
	General funds				170,186	625,785	(583,962)	(134)	211,875
					342,659	788,909	(752,756)		378,812
					Opening	Resources	Resources	Other	Closing
19	The funds ofthe Group: prior year				balance	arising f	utglssd	movements	balance
	~R~tn t t~fun
	Restricted income funds				61,681	169,000	(53,208)	(5,000)	172,473
	Unrestricted funds
	General funds				51,720	1,187,477	(1,074,011)	5,000	170,186
					113,401	1,356,477	(1.127,219)		342,659

			Opening	Resources	Resources	Other	Closing
20	The funds ofthe charity: current year		balance	arising	utlllsed	movements	balance
				E
	~IG G' I dt d*
	Restricted income funds		172,473	163,124	(168,794)		166,937
	Vnrestrfcted funds
	General funds		167,417	657,303	(576,632)	(134)	247,954
			339,890	820,427	(745,426)		414,891
			Opening	Resources	Resources	Other	Closing
21	The funds ofthe charity: prior year		balance	arising	utlllsed	movements	balance
				E
	~R(ringfunds
	Restricted income funds ~ut *t II d		61,681	169,000	(53,208)	(5,000)	172,473
	General funds		77,325	1,105,700	(1,020,608)	5,000	167,417
			139,006	1,274,700	(1,073,816)		339,890
22	Restricted funds: Group and Charity - current		Opening	Incoming	Resources	Transfers a	Closing
	year		balance	resources	expended	adjustments	balance
			E		E	E
	C~ll		19,607		2,670		16,937
	Backstage trust		150,000				150,000
	Cultural Pro ramme	Gran
	Cockayne - Grants forthe Arts and The London
	Community Foundation		3,000		3,000
	Discover Young Hackney		(134)			134
	Coronavirus Job Retention Scheme Grant - (CJRS)			163,124	163,124
			172,473	163,124	168,794	134	166,937
	Restricted funds: Group and Charity - prior		Opening	Incoming	Resources	Transfers 8	Closing
23	year		balance	resources	expended	adjustments	balance
			E		E	E	E
	C~IG I G		56,681		37,074		19,607
	Theatres Trust			5,000	5,000
	Backstage trust			150,000			150,000
	Cultural Pro ramme	Grants	5,000			(5,000)
	Cockayne - Grants forthe Arts and The l.ondon
	Community Foundation Discover Young Hackney			10,000 4,000	7,000 4,134		3,000 ~tdd
			61,681	169,000	53,208	(5,000)	172,473

		claims have been paid	to the employees who	the claims relat	e to.
			Unrestricted	Restricted	Endowment
24	Net assets attributable	to funds: Group - current year	funds	funds	funds	Total
			E	E	E	E
	Tangible fixed assets		3,081			3,081
	Current assets		450,701	172,473		623,174
	Current liabilities		~283,596			~283.586
	Net assets represented	by funds	170,186	172,473		342,659
			Unrestricted	Restricted	Endowment
25	Net assets attributable	to funds: Charity - current year	funds	funds	funds	Total
			E			E
	Tangible fixed assets		1,540			1,540
	Investments		4			4
	Current assets Current liabilities		529,126 ~282716	166,937		696,063 ~282716,
	Net assets represented	by funds	247,954	166,937		414,891
			Unrestricted	Restricted	Endowment
26	Net assets attributable	to funds: Group - prior year	funds	funds	funds	Total
			E	E	E	E
	Tangible fixed assets		3,081			3,081
	Current assets		450,701	172,473		623,174
	Current liabilities		~283,599			~283.596
	Net assets represented	by funds	170,186	172,473		342,659
			Unrestricted	Restricted	Endowment
27	Net assets attributable	to funds: Charity - prior year	funds	funds	funds	Total
			E	E	E	E
	Tangible fixed assets Investments Current assets Current liabilities Net assets represented	by funds	3.081 4 440,523 ~2761~1, 172,473 167,417 172,473			3,081 4 612,996 ~276797 339,890