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|Contents||Page|
|---|---|---|
|Trustees'
Report|||
|Impact ofCOVID-19 Update|5report|10|
|Future plans|||
|Reference and administrative|details|12|
|Independent
Examiner's
Report||15|
|Statement of Financial Activities||16|
|Balance Sheet||17|
|Accounting
Policies &Notes|to the Financial|18|
|Statements|||
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|REFERENCE|AND ADMINISTRATIVE
DETAILS|AND ADMINISTRATIVE
DETAILS|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Company|number|03761808(England||and Wales)|||||||
|Charity number||1077836(England|and Wales)||||||||
|Principal and||Theatro Technis, 26||Crowndale||Road, London|||NW1 1TT||
|Registered|offic||||||||||
|Directors and trustees|||||||||||
|The directors ofthe charitable
company (the|||charity) are its trustees for||||||the purposes ofcharity law.||
|The trustees, officers||and staff serving during|the year and|||since the year end were||||as follows:|
|Trustees|||||||||||
|||Keith Ackerman
(Chair||from 09/18)|||||||
|||Emma Bell|||||||||
|||Nick Gray|||||||Deceased|01/21|
|||Bronagh McCann|||||||||
|||Joanne Millard|||||||||
|||John Nevin
(Deputy|Chair from||09/18)||||||
|||Anthony
Obiezekpazu|||||||Appointed|08/21|
|||Emily Plosker|||||||||
|||Andrew Porter|||||||||
|||John Rolph|||||||||
|||Tracey Shevlin|||||||||
|||David Stewart (Treasurer from 12/19)|||||||||
|||Will Wharfe|||||||||
|Staff||CEO &Artistic Director||—Rosalind|||Paul||||
|||Head ofDevelopment||—Simma|Gershenson||||||
|||Office &Finance Manager —Catherine||||||Hylton|Appointed|10/20|
|||Arts Officer, Courses|&Productions||||—Katie Wee||||
|Bookkeeping||Margam
Evans Ltd|||||||||
|Strategic Consultant||Fiona Mallin-Robinson|||||||||
|Banks||CAF Bank, 23 Kings Hill||Avenue,|Kings Hill, West||||Mailing, Kent, ME194JQ||
|||The Cooperative
Bank||Plc, PO Box||101,||1Balloon|Street,||
|||Manchester,
M60 4EP|||||||||
|||Triodos Bank, Deanery||Road, Bristol|||BS1SAS||||
|Independent||JS2Ltd, One Crown Square, Church|||||Street East,||||
|Examiners||Woking, Surrey, GU21||6HR|||||||
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|||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|||
||||Note|2021|2021|2021|2020|
|Income and endowments||from:||f|f|f|f|
|Donations
and legacies|||1|236,754|47,730|284,484|241,751|
|Other trading activities (fundraising)|||1|4,178||4,178|43,367|
|Income from Investments|(bank interest)|||230||230||
|TOTAL INCOME||||241,162|47,730|288,892|285,762|
|Expenditure
on:||||||||
|Raising funds|||2-3|32,930||32,930|39,724|
|Charitable
activities|||2-3|125,605|13,223|138,828|183,679|
|TOTAL EXPENDITURE||||158,535|13,223|171,759||
|NET INCOME/(EXPENDITURE)||||82,627|34,507|117,134|62,359|
|Total funds at beginning ofyear||||320,417|12,431|332,848|270,489|
|Total funds at end ofyear||||403,044|46,938|449,982|332,848|
|BAlANCE SHEET|||2021|2020|
|---|---|---|---|---|
|||Note|E|E|
|CURRENT ASSETS|||||
|Cash at bank and in hand|||451,017|355,797|
|Debtors: Prepayments|and accrued income||4,196|5,678|
||||455,213|361,475|
|Trade creditors||||405|
|Accruals|||(2,409)|(2,973)|
|Taxation and Social Security|||(2,254)|(1,639)|
|Pension contributions|||(568)|(421)|
|Deferred Income||||(24,000)|
|Creditors:|||(5,231)|(28,627)|
|NET CURRENT ASSETS|AND NET ASSETS|5|449,982|332,848|
|FUNDS|||||
|Unrestricted|||||
|General Unrestdcted|||111,702|111,702|
|Designated|||291,342|208,715|
|Total Unrestricted|||403,044|320,417|
|Restricted|||46,938|12,431|
|TOTALFUNDS||6|449,982|332,848|
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|1.
INCOME||||||
|---|---|---|---|---|---|
|||2021|2021|2021|2020|
|||Unrestricted|Restricted|Total Funds|Total Funds|
|||Funds|Funds|||
|Donations and legacies||E|E|||
|Trusts||||||
|BBCChildren
In Need|||16,238|16,238|12,178|
|Boris Karloff Charitable
Foundation|||1,500|1,500||
|Camden
Giving
KX Fund|||||9,720|
|Camden
Inclusive Community|Fund||||1,472|
|Carlile Family Foundation||15,000||15,000|15,000|
|Didymus|||4,992|4,992||
|Garfield Weston Foundation|||||10,000|
|John Lyon's Charity||24,000||24,000|24,000|
|Joseph Mindel Trust|||||1,472|
|Labtech London|||||1,000|
|London Community
Foundation|||||8,278|
|Mackintosh
Foundation|||||1,000|
|RLCharitable
Trust|||||500|
|Shadworth
Hodgson Bequest||5,000||5,000|5,000|
|The Goldsmiths
Company|||||3,000|
|The SirJames Roll Charitable|Trust|1,000||1,000||
|Thompson
Family Charitable Trust||50,000||50,000|50,000|
|Tom ap Rhys Pryce Me modal|Trust|4,000||4,000||
|Wellington
Mgmt UK Foundation||12,500|25,000|37,500|25,000|
|Other Trusts (total)||||||
|Trusts Subtotal||111,500|47,730|159,230|167,619|
|One-off donations
(incl. In Memoriam)||17,639||17,639|11,142|
|Eyes Ik Ears||26,340||26,340|26,297|
|Statutory Grants||26,180||26,180||
|Audience
donations|||||3,447|
|Corporate sponsorship||32,803||32,803|14,128|
|Gift Aid Recovered||8,552||8,552|13,155|
|In Kind donations||13,740||13,740|5,963|
|Total Donations and legacies||236,754|47,730|284jl84|241,751|
|Other Trading (Fundraising)||||||
|Merchandise
sales||718||718|4,168|
|Marathon
runners / Cyclists / 2.6|Challenge|853||853|6,808|
|School partners||||||
|Downton
Abbey Screening event|||||27,963|
|Other fundraising
(one offevents)||2,607||2,607|4,427|
|Total Other trading activities||4,178||4,178|43,367|
|2,|OPERATING AND SUPPORT COSTS|OPERATING AND SUPPORT COSTS|OPERATING AND SUPPORT COSTS|||||
|---|---|---|---|---|---|---|---|
|||||2021|2021|2021|2020|
||||Raising||Charitable|Total|Total|
|||||funds|Activities|||
|||||f|f|||
||Direct costs|||||||
||Staffcosts(see Note 3)|||21,842|87,368|109,210|124,083|
||Performance
venue hire||||150|150|8,628|
||Hire ofrehearsal space||||||2,314|
||Hire ofclass space||||||1,997|
||Set, costumes and props||||7,270|7,270|9,793|
||Production
support expenses||||3,910|3,910|10,168|
||Children's
expenses||||10|10|3,435|
||Volunteer expenses||||928|928|2,393|
||Travel and expenses||||504|504|1,330|
||DBS||||147|147|330|
||Insurance
20'"Birthday projects||||1,415|1,415|1,151
18,647|
||Publicity materials||||||389|
||Development|||228||228|535|
||Subscriptions|||808||808|721|
||Total direct costs||22,878||101,702|124,580|185,914|
||Support costs|||||||
||Governance costs|||||||
||Strategic planning|||563|2,250|2,813|4,050|
||Reporting accountants'|fees||343|1,373|1,716|1,682|
||Governance
sundries|||2,597|10,386|12,983|922|
||Subtotal Governance|costs||3,503|14,009|17,512|6,654|
||Othersupport
costs|||||||
||Office rental and overheads|||1,980|7,920|9,900|9,900|
||Bank Charges|||16|62|78|60|
||Covid Security|||158|633|791||
||Telephone
Ik Internet|||216|862|1,078|1,036|
||Printing|||70|280|350|640|
||Postage|||196|782|978|2,889|
||Stationery|||55|218|273|1,150|
||Training &Recruitment|||363|1,450|1,813|3,352|
||IT|||190|762|952|751|
||Remote working upgrade|||1,961|7,843|9,804||
||Merchandise|||6||6|477|
||Bookkeeping|||542|2,167|2,709|2,895|
||Office Sundries|||34|138|172|469|
||Fundraising
Events|||762||762|7,216|
||Subtotal Other support costs|||6,549|23,117|29,666|30,835|
||Total support costs||10,052||37,126|47,178|37,489|
||TOTALCOSTS||32,930||138,828|171,758|223,403|
|Support costs are allocated on the basis ofstaff|||time|where appropriate.
None ofthe trustees (or any persons||||
|connected|with them) received any remuneration||or|benefits from the charity||or related entity|during the year or|
|prior year.|Directly incurred
expenses|are reimbursed,||ifclaimed. 2020-21foexpenses claimed.|||(2019-20:EO).|
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|OPERATING AND SUPPORT COSTS (continued)|||
|---|---|---|
||2021|2020|
|Operating
lease payments|9,900|9,900|
|STAFF COSTS|||
||2021|2020|
|||E|
|Wages and salaries (gross):|100,786|112,447|
|Social security costs:|5,293|7,952|
|Pension costs:|3.131|3,684|
|TOTAL|109,210|124,083|
##
|5.|ANALYSIS OF NET ASSET|SBETWEEN FUND|S|S||||
|---|---|---|---|---|---|---|---|
||||Unrestricted||Restricted|||
|||||funds|funds||Total|
|||||6|E||E|
||Net current assets||||46,938|||
|6.|STATEMENT OF FUNDS IN THE YEAR|||||||
|||As at1|Income|Expenditure||Transfers|Asat30April|
|||May 2020
f|||E|between
funds E|2021
E|
||Unrestricted
Funds|||||||
||General Unrestricted|111,702|241,162||158,535|(82,627)|111,702|
||Designated
In
Memoriam
Nick Gray|||||3,000|3,000|
||Designated
Kathryn
Findlay Future Fund|208,715||||79,627|288,342|
||Total Unrestricted|320,417|241,162||158,535|||
||Restricted Funds|||||||
||Courses fund|8,059|47,730||13.223||42,566|
||Kathryn
Findlay
Future Fund|4,372|||||4,372|
||Total Restricted|12,431|47,730||13f223||46,938|
||Total Funds|332,848|288,892||171,758||449,982|
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|STATEMENT OF FUNDS IN THE PRIOR YEAR|STATEMENT OF FUNDS IN THE PRIOR YEAR|||||
|---|---|---|---|---|---|
||Asat1|Income|Expenditure|Transfers|As at30April|
||May 2019|E|E|between|2020|
||E|||funds E|E|
|Unrestricted
Funds||||||
|General Unrestricted|98,904|222,943|161,643|(48,502)|111,702|
|Designated
Kathryn
Findlay Future Fund|160,213|||48,502|208,715|
|Total Unrestricted|259,117|222,943|161,643||320,417|
|Restricted Funds||||||
|Courses fund|7,000|62,819|61,760||8,059|
|Kathryn
Findlay
Future Fund|4,372||||4,372|
|Total Restricted|11,372|62,819|61,760||12,431|
|Total Funds|270,489|285,762|223,403|0|332,848|
##
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||||2020|2020|2020|
|---|---|---|---|---|---|
||||Unrestricted|Restricted|TotalFunds|
||||Funds|Funds||
|Donations and legacies|||f|E||
|Trusts||||||
|BBCChildren
In Need||||12,178|12,178|
|Camden
Giving
KX Fund||||9,720|9,720|
|Camden
Inclusive Community||Fund||1,472|1,472|
|Carlile Family Foundation|||15,000||15,000|
|Garfield Weston Foundation|||10,000||10,000|
|John Lyon's Charity|||24,000||24,000|
|Joseph Mindel Trust|||300|1,171|1,472|
|Labtech London||||1,000|1,000|
|London Community
Foundation||||8,278|8,278|
|Mackintosh
Foundation||||1,000|1,000|
|RLCharitable
Trust|||500||500|
|Shadworth
Hodgson Bequest|||5,000||5,000|
|The Goldsmiths
Company||||3,000|3,000|
|Thompson
Family Charitable||Trust|50,000||50,000|
|Wellington
Management|UK|Foundation||25,000|25,000|
|Other Trusts (total)||||||
|Trusts Subtotal|||104,800|62,819|167,619|
|One-off donations|||11,142||11,142|
|Eyes Ik Ears|||26,297||26,297|
|Audience donations|||3,447||3,447|
|Corporate sponsorship|||14,128||14,128|
|Gift Aid Recovered|||13,155||13,155|
|In Kind donations|||5,963||5,963|
|Total Donations and legacies|||178,932|62,819|241,751|
|Other Trading (Fundraislng)||||||
|Merchandise
sales|||4,168||4,168|
|Marathon
runners,
Cyclists etc.|||6,808||6,808|
|Downton
Abbey Screening Event|||27,963||27,963|
|Other fundraising|||4,428||4,428|
|Total Other trading activities|||43,367||43,367|
##
|12.|OPERATING AND SUPPORT COSTS —PRIOR YEAR|OPERATING AND SUPPORT COSTS —PRIOR YEAR||||
|---|---|---|---|---|---|
||||2020|2020|2020|
||||Raising|Charitable|Total|
||||funds|activities||
||||E|E||
||Direct costs|||||
||Staff costs (see Note 3)||24,817|99,266|124,083|
||Performance
venue hire|||8,628|8,628|
||Hire ofrehearsal space|||2,314|2,314|
||Hire ofclass space|||1,997|1,997|
||Set, costumes and props|||9,793|9,793|
||Production
support expenses|||10,168|10,168|
||Children's
expenses|||3,435|3,435|
||Volunteer
expenses|||2,393|2,393|
||Travel and expenses|||1,330|1,330|
||DBS|||330|330|
||Insurance|||1,151|1,151|
||20'"Birthday projects|||18,647|18,647|
||Publicity materials|||389|389|
||Development||535||535|
||Subscriptions||721||721|
||Total direct costs||26,073|159,841|185,914|
||Support costs|||||
||Governance costs|||||
||Strategic planning||810|3,240|4,050|
||Reporting accountant's|fees|336|1,346|1,682|
||Governance
sundries||184|738|922|
||Subtotal Governance costs||1,330|5,324|6,654|
||Other support costs|||||
||Office rental and overheads||1,980|7,920|9,900|
||Bank Charges||12|48|60|
||Telephone &Internet||207|829|1,036|
||Printing||128|512|640|
||Postage||578|2,311|2,889|
||Stationery||230|920|1,150|
||Training &Recruitment||670|2,682|3,352|
||IT||150|601|751|
||Database/CRM
upgrade|||||
||Merchandise||477||477|
||Bookkeeping||579|2,316|2,895|
||Office Sundries||94|375|469|
||Fundraising
Events||7,216||7,216|
||Subtotal other support|costs|12,321|18,514|30,835|
||Total support costs||13,651|23,838|37,489|
||TOTALCOSTS||39,724|183,679|223,403|