REGISTERED COMPANY NUMBER: 03536243 (EllElaDd Wales)
REGISTERED CHAIUTY NUMBER: 1083893
THE ARTS DEPOT TRUST L]M￿[D
(A COMPANY LIMITED BY GUARthTEE)
Report and Consolidated Audikd FiDanti•l StateDeuts for fbe Period I Septtmbtr 2022 to 31 March 2023
Xeinadin Auditing
Chartered Accountants and Ststutory Awjitows
Be¢kei Hous¢
36 Old Je
ndon
EC2R 8DD
111
•ACIX9VM3
22112r2023
CCthIPANIES HOUSE
A07

THE ARTS DEPOT TRUST UMITED
ComteDts of the FiDalltial StxlerneDts
for tbe period I Sepltmber 2022 to 31 Mareh 202J
P#t¢
RelereDtt And AdmiDtstr*tive Detai
Rtptrrt Of tht Trustees
2 10 10
Rtp)rt of the IDdependeDI Auditor5
Consolldattd StstewtD¢ of FiAaN¢fjxl A¢tlvitks
14
CoD501idated Balanee Sheet
15
Company BaiaDtt Sheet
16
C*sh Flow S¢*trwtttt
17
Noles to Ihe Cash Flow StateTreDt
18
Notes to the Finantial Ststemtnts
19 ￿ 34

THE ARTS DEPOT TRUST LIMITED
RefereDce aDd Administrntive Dtt*i
for the period I Septswb¢r 2012 1• 31 MAr¢h 2023
TRUSTEFS
Ms E C Bier(Ttsigned 1.3.23)
M L H Nonvood
M Mowlem (resigtted l6.5.23)
Ms K Chva
Cllr S Conway
Ms N Coppelrnann
Ms A Darr
Cllr G Ir)no¢enii
S Mustsfa
M5 J Rughani
Ms N Shah {resig￿d 16.5.23)
Ms S Tretra
Ms S Wolfe
COMPANY SECRETARY
V E Dorthue
RECISTERED OFFICE
5 Nether Strttt
Nonh Finchley
London
N120GA
RECISTERED COMPAF4Y
NUMBER
03536243 (England and Wales)
REGISTERED CHARITY
NUMBER
1083893
AUDITORS
Xeinadin Auditin8
Chartered Accountants and Stsiuiory A￿JiTorS
Becket House
36 Old Jewry
London
EC2R 8DD
Page I

THE ARTS DEPOT TRUST LIMITED OIEGisfERED NUMBEK. 03S361431
Reprt ofthe Trwtees
for Ihe ptritid I Stpternber 2022 to31 March 2023
Th¢ mJs*es who aTe also diTettors of ¢hetlwity fotthe FXUPOSE50f the Compan*s Act 2006. pr¢seni th¢lrre￿rt with th¢
financi￿ ststements of the tharitv for th¢ pttiod ended 31 Mar¢h 2023. The trusLttS have adopted th¢ provi5ion5 of
Accounting and R¢wrting by Ch•riiies- Ststement of Recommen￿ Ptacliee applicable ro chariries pr¢paring iheir
aecounts in accordance with th¢ Financiol Rryorting S¢and¥d applKable the UK and Rrpublic of Ireland {FRS 102)
(effective l Januarv 2019).
OWECTIVES AND AcfiviTIFS
In shaping ow ¢bj¢¢iiYt5 forth¢ year and pknning our xtivirie5, the tru*ec5 have considered Ihe Charity Ci>mmitsion$
Euidan¢¢ on public benefJL irKluding th¢ guidat*t-wkblic iynefit". nLnning a charity {PB21'.
artsdepot 1$ a creative tK)me forcveryone, with avear4ound Fw8ramo)¢'. the bey in arts attd family perfi)rniance. Arts
ptrti¢ipaiLOrt. ¢ulbJAJ tducation andovtreach work for its cornmunity and the art53ector.
Our mi5s¢oD isio r¢8¢h every family in Barnet with a creative art% expericnce by 2026.
artsdepot is committ¢d to prwding wvices forthe rtsHletits ofthe London BcY(wgh of Bamet and bey￿d. specifieally
thin ne￿h￿UThng cotDmunitie$ in Brenl Camdto and EnfJ¢ld. Thes¢ rtsid¢nts ¢urrtytly m&¢ up th¢ ¢ore ys¢rs of
artsdepoL through allendinE performance4 Cl￿￿, courses, Ivorkshops and new OPPmThiEies for participation.
Artsd¢w is homt 10 Lon&)n Studio Centrt. a ￿orni1n8 aTts highcreducation rKovidcr and holl5es 20clL*ses and courscs
each week. Ourtwo theatres show the be# of music. comedy. danrt. plays and sw>ken WOTd. W¢ have a wide rnnge of
participaELOn activitie5 including onytr Mallntt LwKh club% awid¢ nnge of(estjYals Lil OUT building b¢yort￿ and off-
sitt falls prevention thmugh dance wor
Currendy artsd¢pot is the mwn ans offeT within Bamei and the otLly ptrforman¢evtnue that is art Arts Countil England
National Portfolio Org3ni5ation. W¢ hav¢ a thriv¢n8 *liydevelopmertt progr¥mme. We also provide aperfomian¢e venue
forBarnet sch￿13 Music and Dance Festivals CorAm Shakespeare sch¢￿1* National Theatre Connections and other
p¢rforming art5 xhool&
A founder member of Future Art5 Centre& artsdtpo¢ often WOTks irt¢ollthration other centresio reseaxch amd
support them lo access partnerships and fundin&
Our curttni str*e8i¢ objeciives art,"
artsdepot as adestination
artsdepoE &8 ati arts leader
artsd¢￿ xrDss the Ix)DJugh
Page 2

THE ARTS DEPOT TRUST LIMITED IREGISTERED NUMBE￿. OJ536243}
Report of th¢ Trnst¢tS
for the I S¢ptembtr 20111• 31 M•r¢h 2023
ACHIEVEMENT AND PERFORMANCE
The Dire¢tOTS decided to ￿1g￿ artsdepot'$ fJnancia] year end to of other organisalions in the sector and to enable
ease of reporting io Ans Council England, who wuire budgets io be sei on an April 10 March financial period.
Therefore, the financial y¢arwas shortened to a 7-month endin8 3 l March 2023 and this report rcprcsents this
shoner period.
During this period the senior leadership underwent ¢hange$ following the fftirement of the outgoirtg Finance and
Operations Dirtttor. Two new posts were created, Head of Finance and HeJJ of Operations. bringing extrd capacity to
artsdepoi's leadership and specific expertise. This h&$ been invaluable a% we continue to navigate through the ongoing
challenges of high infiaiion. rise in energy costs and inCre￿d cost of living. A$ with many other organisaiions this has
¢reat¢d a challenging environmeni for Artsdepot to OP¢T* in and we *¢ still seeing the long-terni effecL8 of this we
mov¢ ioto the new year.
It is wonderful io sec audiences and participants return ¢0 the building and engaging in the programme of community
eveD¢S and livr pcrformanr¢$. How¢vrr, audien¢¢ levels Ixave #ill noi retumed to pre¥pat￿￿emiC levels, which is in line
with the experience of theatres and eultwal venue5 across ihe UK. We have supported audiences to return in a nurnb¢r of
ways, for example loweriThg ticka price& offering a wi(kr ranLTe of multibuy discounted shows and PToviding redu¢¢d
price tickets for local schools and community groups.
We bclieye organi5ation5 such zs art5dcpot are vital than ever during these diffic￿11 times and we art proud of all
we have achieved in the period, iocluding free facilities and ev¢nty SUPFrt)n for artist% our work with people of all ages
and back8munds. local partnerships, and Olhr dedicared and commilled team
OUT a¢iivilies irt the 7 monih period Sepiember2022 10 M8r¢h 2023 in¢luded=
246 tickelcd events
42.519 tickets stsld with art averag¢ ti¢kd ryi¢e of £14.51
10,118 an¢t)dan¢es ai fwivals, exhibitions & ivorkthops
2 free family festiv￿$, 2 frtt exhibiiions, 5 free music eveThts
10 young people with special educ*ional n¢th twk part in our WOTk experi¢n¢e progromme
315 free or sub5idised tickets from ourA¢¢¢ss Fund through lo¢ai ¢horilies artd s¢hools
,000 visitors over 6 months
Artists placed in 7 Bamet %hools in¢luding primary, secow, SEN artd the Paviliort PRU
Programming Highlights
Michael Palin From North Korea into lrnq- Warm Up.. Mopty Python legend aDd intrepid globetrotter Michael Palin
brought tal¢$ of iwo of the mosi <xtnoidinary jourD¢ys he's ever made io our Peniland Theatre in a Wam) Up production
te￿Ing hLS material for a neiv tour. The show Vds warnlly received and sold out over 2 perfo￿anceS welcoming 790
guests. Mic1￿e1 Palinpw on a greol show @artsdeprt nig￿. 79￿ar5 tsldandsidl ielling a very er4eriainÉng iole.
@LouiseLwkie on Tivitter
My Voice Was Heard But Was Ignorcd: Following ¥ ￿￿eSsful run ai the Edinburgh Fring¢ Festival Red Ladder Theatr¢
Cornpany broughi yipping identity play MY VOICE WAS HEARD Btrr IT WAS IGNORED by wriier Nana-Kofi
Kufuor to our Siudio Theatre. The play raises urgeni qu&silot￿ aboui rdciaj identity and Black British exp¢rien¢e.
During Febtuary 2023 we welcomed 41 adults for l-"m Muslamic Don't Panic from Boback Champion, 288 for comedian
Simon Brodkin, aThd over 3,IXK) family visitors for Half Tenn sho1￿3 The Singing Mermaid. The Snow Beast and The
Piin¢ess and The Frog.
Pa8t 3

THE ARTS DEPOT TRUST LIMITED (REGISTERED NUMBER: 03536243)
Report of the TTh5tees
for Ihe period I September 2022 to 31 M*rth 2023
ACHIEVEMENT AND PERFORMANCE...toDtin#ed
Over 500 people a¢￿ded our free Fun Pala¢es festival on Sunday 2 Oaober, enjoying arts and science activitTres togdher
including explotln8 the s¢i¢nr¢ of sound and creaiing athd laun¢hing rockets. (kn the sam¢ dayl a fvrthcr 50 ￿0p]e aged
6(FF enjoyed craft aciiviti¢s over a cup of lea at our Silver Sunday event.
We also w¢l¢om¢d people 10 The Big Drnw ott Friday 28 (k￿be1, tsking part in drawing, arts and ¢nfts workshops
across the buildin8. "Re¢3llyÉryoyoble Evenifor boih ry doughier (neorty 3) tthdJTts. GrE￿I￿r boih to be tsble io
particwats andcreoie togeiher~ Feedbxk fr(Nn The Bi8 Draw attendet.
Enclosed in Publi¢ was a performance #rt exhibition Nnning in OUT Apthorp Gallery. The work CTeaied by Natalie Sloa
explore5 the lives of those living in Isol￿10￿, their drtams, &%piniiot)s and traum&s. This woject w&$ cot)ceived
followithg ihe Covid-19 lockdown5. a time where ive all exrKriencd elements of i501atitsn. However as freedoms return.
many peopl¢ r¢mait) isolat¢d through illness or ¢ir¢umstan¢e. Enclosed in Public ￿l￿g5 awareness to ihese Teaiiiie5, a
reminder that freedom isnl universal. The piece funded by The City Bridge Trust and devtloped with communities
experiencing i501atLOn.
Continuing our commitment to support lo¢al artists in Autymn 2022 w¢ launched an ans and ¢rafts winiet showcase
profiling the work of14 l¢xal arti5ts- a launch event welcomed 50 vi5tiors including 6 young people from Friem Barnet
Inclusion Hub whose p)etry was included in the exhibition-4 of the young people did a spoken word performance. .1
j￿1 wanied ¢0 soy ihtsnkyoufor I[1￿0￿y￿1￿8 iopui ih¢ ukibilion. I've neVerP￿ thy ¢tri-work trpforpeop
lo see andii was exciiing experiencelor me io see my ari on ihe wolll Tlwnkyou 08aSn '
MaTch 2023 began with com¢4ian Eshaan Akb¥ inviling audi¢nces to his show Th¢ Pr¢i¢nd¢r to bring donaii¢)n5 for
Fin¢hl¢y Food Bank to hi5 501d out p¢rforman£e. The Show asked.. Whethcr ji'5 vou. the person you go on a date ivith,
your boss, or the opinion-makers on TV. we'r¢ all prdendirtg we know wh8L w¢'r¢ doing. W¢ don'i. And it's about time
we all had a propu laugh about it.
London Studio Centre's 'Moonli8ht Cabaret Club, was created by graduaiing sNdet)is of LSC'S MA Producing Course.
Students led on every asped of the producli¢Jn including desi￿. markctin& iechniol. ¢horeography aTrJ attracted a
paying audience of187 guests.
Artist r¢sid¢nti¢s & $upport
Over ihis 7 month period we supported 14 artist residencies in¢luding projects by M&sie N¢1￿)￿n, Ben Osborn. Elana
Binysh. Stroud and Notes, In Her Sirength. Clu5terFI￿x. GefrTone Lauren Phillip5 & Paul Barnes, Kill the Cal Theatre.
Blackhorse tioadshow, Paper Smoken Theatre Company. Nearlv There Yet, Jessica Millward & Nat&tha Brotherdile
Smith, Emma Brand. Bullyache, June Yuen Ting. Victoria Brigg5 & Fi15kit Theatre Cofflpany. We were fortunate to
work with artists who Iwked al mental health trdum< multidisciplinary afis and a new drag show foryoung audi¢n¢es.
We worked with Sir¢)ud & Note5 making Public The Musical which prcviewcd at arrsdepot before presenting their hit-
show at th¢ Edinburgh FestiV3J. Styoud & Notes developed m*eriaJ for Publi¢ The Musical over weeks io our
Cr¢ation Space. a ont hour real-time 510ry about four very differeni Mrdngers who gei siuck in a gend¢r-neutral public
toil¢t. Public is a musical aly)ut understanding difference, tolerance and laughitt, Ihirtgs Strotsd & Notes believe we all
Theed in lift. The show a big hit in Edinburgh receiving numerou5 5 and 4 5rar aivards and highly P05Ltive
¢ommtntsry in The Guardian online. theatreweekly. and WhatsOnStag¢. Further det￿lS of ail the artists and projects we
supported art available on our websrte." www.artsdepot.co.u
We coniinued our wogTamm¢ of arti￿ deVel0F￿enI over this period.
Paze 4

THE ARTS DEPOT TRUST LIMITED IREGISTERED NUMBER: 03536243)
Report of ibt Trn5ttt5
for the ptriod I September 21122 ts 31 M*rtb 2023
ACHIEVEMENT AND PERFORMANCE...¢ottti*ll¢d
Community tngagement
Futur¢ Cities- Autumn schotsls TO
mme and exhibition
We worked with 135 children and young people pla¢ing desigrjers artd artists with a specialism in the built environment
and sustainabiliry its¢0 Mapledoivn SEN S¢hool, Akiva and Clwemoftt Primary Schools, Hendon & Brampton Seconda
Schools. Over 15 workshops partieipants learned aboui the environmenial impact from arthitecture and building- and
then conceived ide&s to re501ve challenge5 an)und wiThd and power in the built envir(pnm¢nt whi¢b were imagined into
exhibition pietts crrdt¢d from rxycl¢d materials. Thc Futur¢ Cities exhibition in our8￿]ery during a period when
our venue footfall was around li,(KX).
e've never done tsptyihinglthe ihis ai school before. li wéu brilliantaKdreallv makesytw ihink aboui ilw worldaroup
you,.
12 young people iviih learning disabilities joined us in Autumn 2022 for a 10 week group leamir)g programme providing
insight into ihe ¢￿atIve industrie5. The sessions were deliv¢Tcd one day per wrtk and the young people completed Art5
Award folders identifying their arts heroes artd then each delivered a leadership workshop. I I participants earned a
Bronz¢ Arts Award and othe earned a Gold Arts Award. Two of the young people weni on to independent work
placemenrs. OscaJ Elli5 Wlth FaceFroni The*re and Sophie GibiKins with Chi¢kenshed Thearre. Oscar had a great time
and went on to present a solo exhibiiiort of his artwork at arLsdepot which featsred in a local ncwspapcr. Sophie has been
offered a p¢m)anent volunieerin8 role with Chickenshed Theatre.
Ukrninian Film S¢reenio
& Chtldr¢rt's Partv
46 attendees came 10 the screening of Foxier & MaY-'A Iru5fTated pre-teen di￿0Ver5 that the graffiti dog he painied has
come to life in the form of ultra•inielligeni supeT-do8'. 6 children allended ihe Ukrdinian Children's party-90
minuies of and games for childr¢n aged 4-7. Thanks ts) the Ukrainian Sawrday School based at All Saints Piimary
for brin8ing their 8roup and sharing info￿atiOn and for Barnci Cwnciv Young Barn¢t Fowidatiort for furtdin8.
atinee Lurtch
ven
Over ihis period ive presented 3 of thc5c events welcoming 217 older people & their wets referred by local care
providers including Dell Field Court, Magnolia Court, Mtadowside, The Benv & A5her Loftus Centre {Jcwi5h Care). St
Albans Thursday Club, Friend$ In Need Communiry Centre. The Lime5 Residentiaj Care Holne, Minchenden A¢ibvities,
Memory Lane & the Wellbeing Team, and Jesus Hospital Charity. Artists iD¢lud¢d ALhdr¢y Heartburn & London'5 Finest
FlappcT5, Splitmilk DaDC¢, Jonathon Brernner, Hoi Swing Bohème and The Swingster5
'Th￿ ￿ ihefwsl lime been oui ofihe hO￿e in aweel oryll'we Ibgdo lo¥*ly lime.
'Plet35E lei us know as soon as e￿n(sOes sole,.
'hVé COA'I woiifor 0fr￿..
'ThoKkyou so muck ihi5 has been so special..
In ¢(pllaboration with Black Books Matter, we presented two fret events on Wednesday 26 OctobEr. 20 young people
aged 8- 1 I look part in a 3 hour Creaiive Storytelling Workshop. taking inspiraiiort from the book Sade and her Shadoiv
Beasts, by British-Nigeriart author Rachel Faturoti, and cr￿Ing their magical worlds. In the evening.- 20 people
attended a Publishing Q&A session and a spoken Word open rnic event celebr￿l￿g lool young and ¢m¢rging poets. Both
events were in celebration of Black Hi510ry Month and fwided by th¢ London Borough of BameL
Pa8e 5

THE ARTS DEPOT TRUST LIM￿ED {REGI￿ERED NUMBER: 03536243>
Rep)rt of the Trv5tet5
for the peTiod I Stptethber 2022 to 31 Martb 2023
ACHJEVEMENT AND PERFORMANCE...untinued
We were delighicd to ivelcom¢ bxk fonnrr and n¢w membErs to th¢ post￿0Vid r¢lauD¢h of our over 60,5 rreativc
writkn8 group- Creative Cir¢le. The group is led by Bunmi Ogunsiji- a publithed and mulii award•winning outhor who
h&5 run creaiive WTiiing sessions for Spread The Word. Greenwich Maritime Museum, Westminsier Mind and others.
'I'dgol inio a siuy oi home nii where Iwos quiie had￿ looknng ofier myselfondespeciolly my oppearance, joining ihe
ew Creotrye Circle group h475 helpedme break oui ofikni. Ireally enjoygoingfor coffee uftenvards, I rarely tal or
drink oulside osh0￿, Parti¢ipat)L
Our Fe51ive Food & Fun appe41 raised a staggtring £8.785, enabling u5 10 provide 80 festive food hampEr5 With ti¢ket
vouchers via Finchley Food Bank- and 5 fTee places on OUT Inclusive Summer Camp. Many thanks to Bamet Collncil
and The Childhood Trnst who provided £4,000 in match bJThlin
A REALL YBIG THAIVK Youfor Ihelaniosiie Ckrifimos bogs deliverediodayl Con't wali io se£ oll ik delighted
face$l'
Over December we welcomed 8,487 rthple for The Smeds and the Smoos and 1.052 for rAJr xces5ible Stydio Theatre
show SThow. Donaiions from our member5 and audiences funded 268 free iickets including groups attending from
referral partslers Rays of Sunshine (for children wth life lirniting conditions). Barnet FO￿tr CareTS Asso¢iaiion,
Healthprom (refugee families), London Bomugh of Barnei's Children's Centre {looked after children, those with
disabilities) and vicfA (people with sighi irnpairm¢nts).
My daughier gol so much oul cfTr ihe oudio descrwionondihey both lovedihe iouch iour. IhanLtfor being so
con¥idÉraie'
We supported ihe West Hendon Community Hub to present a multi frdith and cul￿re festive evenT in December 2022
providing artists. refreshments and reaching out io 1.177 contscrs from NW9 and NW4 p05tcodes from our database.
The ev¢nl aimEd io introduce ￿0P1¢ who may not be ¢ng4ging in Iwal cultural ariivili¢5 5UPWrtiDg so¢i31 cohesion
followin8 a major red¢v¢lokm)ent of lh¢ ¥e
Over jAnU￿ and February 2023 we wer¢ fund¢d bv thc Barn¢t Community Fund to k¢¢p our doors opez) and ￿aling on
11 blast SO that local people could hang oui ond May ivam). In addition io a wami welcome we also 8ave away Ily)
blankets, 100 flasks and l(KJ food parcel
Febnwy 2023 we launched 3 new monthly events inCr￿1ft8 our audierKe en8a8ement offer foradult5 and the wider
cornmunity. Our fJr5t gaminLY night al￿ted 38 attend￿5 with 20+ b<wd games on offer. ¢ard% Warhamrner and ping-
pong. Our new monthly Comedy line-up attro¢*d 75 guests and Poe¢ivity a spoken word event, attra¢t¢d 43 attendees.
Bamet Schools Dart¢e Festival look place over S day$ from the 6th-10th MaT¢h with 67 lornl primary and secondary
schools participatin& 1,762 ¢hildren and youn8 people took part in 5 perfornlances waiched by 1,970 paren(5 and family
mcmbc
On March 17ih 2023 we supported Wesi Hendon Arts & Culture Society io deliver a Si Pairick's Day celebration event
welcomirtg ihe diverse eommunities of West Hendon to tome togethEr to do arts and Crafts in the Commurtity Hub,
listen to an Irish band, see perfomiances by Irish dancers and enjoy free food and drinks. The Mayorof Barnei Alison
Moore aL¢¢oded and spoke passionately aboui the poiv¢r of arts and creativity io bring communilies ¢ogeth¢r.
At the end of September wt hositd a People s Plart forNaiure Tree at our iKJx otyice invitittg the public to conknbute
Idea leaves on how we can irnprtsve the naDJral environmeThL We were one of 72 venues across the country hosting a tree
as port of th¢ programme devised by WWF: the RSPB, the Nati¢)nal and otheT>
Page 6

THE ARTS DEPOT TRUST LIMITED (REGISTERED IYUMBER: 03536243)
Report of the Trn5te¢s
for Ihe period I Septe￿ber 2022 ￿ 31 Mxrth 2023
ACHIEVEMENT AND PERFORMANCE...tO•lillu¢d
Barth¢t & Cultur¢ for yfj￿th (B&CY)
Artsdep<pt provides the secrdariat for B&CY brinKiThg together 120 arts and edu¢*ion providers from acros5 Barnet
behind the mis5ion.io provide a rich cultural cducalion every ¢hild artd young person in Barnct.,
On the 3rd November 2022 B&CY held a launch eveni ai the RAF Museum promoting a Cultural Education Straieéy for
BarncL Over 2(X) people ¢Thjoyed aNendiThg perfonnance5 by a youth inlcr-faith choir. yout)g people from Oak tA)dge
SEN school- ar)d a Q&A on creativity in education led by onc of B&CYs Youth Advocates. The Sirategy 5et5 an
ambition that by 2027 every school in Barnet has an annual artists residency and every ¢hild h&s acce55 10 a range of
Creative learning opportwiitiek
Develop￿ell¢
The perithl followed a relaunch of our Simplified rnernbership offer wtih 22 new memF*rs joining in September 2022 to
purchw priority booking tickets for Michael Palin's Wam) Up show.
We se¢ured a wide range of 8ranLS and don￿10￿% of different scalc5 and would like to expws our thank5 to all our
supporters including..
A New Dtrection l ArLS Council England l Backstage TnLSt I City Bridge Trust
The Childhood Tru511 The D'oyly Carte Charitable l Fnncis Winham FouThdatioTh
Friern Barnet Edu¢ation31 Trust l Jesus Hospitsl Chan"ty l John Horniman's Children's Tru
John Lyon's Charity l The John Thaw Foundation l London Bortsugh of Bamet
Maria Marina FoUnd￿lOn l The National Lottery Community Fund l Ove Antsp Foundation
Pentland Brnnds Pl¢ / Red Hill Tnjy lThe Sobell Foundaiion I Souier Charl￿ble Trusr
Waiirose Community Mallers l YouThg Bamet FOUnd￿lOn
Many thanks to our TTusiees, Membe￿. campaign sup[￿¢[$ & ticket donor& ATrdrEas Zollmann. Jonathan Be¢$io
Rolanda Hyams. Jeat)ett¢ Adak, Joan FoKel and Martin Norw¢)od.
FINANCIAL REVIEW
At thc end of March 2023 there was an unr¢wi¢t¢d deficii of £267.749(2022.. £65.508 defk¢it). This peri￿1 was part of
Ihe planned deficit 88reed by Trkwees whereby de5ignaied fvnds ￿ld reKrYes would be uiilis¢d to ensure artsdepot
coniinued to provide a full range ofa¢iivilies to supFx)rt the community following Covid. despite reduccd in¢ome.
The ongoing effects of high inf]ation, high eTher￿ costs and the cost of living ¢TiSiS m¢ans circum5tsnces remaiTh
financially challenging for art5depot. This is in common i¥ith its ans se¢tor colleague5 acTOSS England and Wale5 and the
year to March 2024 is also likely to result in on unrestticted deficit &$ ive naVIg￿e these chall¢nges_ This 1$ ihe se¢ond of
vo yeaTS planned deficit work is ongoing io ensure a breakeven result in the following ye8r.
At the end of March 2023 artsdepoi had three types of fiJn&5:
Unre￿riCted and unde51￿ted funds of £272.082 (2022.. £539.697)
Desienaied tunds toward5 venue and business development £212.744 {2022-. £212,878)
Re5tricied funds towards Arts Education & Particiwion and ArtiSli¢ Development £125.745 (2022.. £145.866)
Page 7

THE ARTS DEPOT TRUST LIMITED {REGISTERED NiJMBER: 035362431
Report of the Trustee5
for the ptT6od I Septrmber 2022 to 31 M*reh 21123
FINANCIAL REVIEW...eo*tityu¢d
Re5ery¢5 poliey
Trusiees reserves policy aims to maintain and balance fir￿claI stability with investment in opportunities likely to
fi]rther ansd¢tM)t's mission.
artsdcpot aims to build and mainrain free and desi8naitd unre5triCted reseThes equivalent to at le&st 10 wttks 0￿ratIng
costs or £400.000 th provide some proie¢tion against losses due to reductions in key income sources. adapt io external
change8 m¢eL working ¢apitsl requlremert￿ artd ¢nable artiSii¢ and ¢apital inv¢stm¢ri¢.
Free and Designated unrestricted reserves at the erMI of March 2023 were £486.826 (2022: £752.575).
Unr¢stri¢ted and undesigna*d reserves at the end of March 2023 were £272.082 {2022= £539.697) of which £179,597
{2022.. £458,280) represented free reserves.
FUTURE PLANS AND ACTIVITIES
Record inflation in 2023 exacerbated the cost of living crisis and this will present further ecorK*mic challenges for
audiences and organisaiions in 2023124 ptyrti¢ulaTly as a number of grants remained at PTe-Covid levels. Our f￿ll$ will
continue io be providin£ high quality performatlces and cre￿1Ve experiences at a reasortable cost for wr communities,
ensuring that our multi-art fonn offer continues in the building and beyond.
Over the nexi three years artsdepot aims to incRase its reach to half th¢ population of BarJ*t through a combinaiion of
greater audience5 and offers wiihin ihe buildine and furtheroffsiie activitie5 in partnership ivith or8anisaiions across the
Borou8h.
We have ex¢iiing plans to refurbish Ind develop our buildbng ¢)nce the let%e 15 agreed and we are able t4) apply for
capital inv¢simeni.
We interMI to groiv ¢JJr offer for 011 age ranges but parti¢ulaTly adults. Thi5 ha5 already bccn demonstrnted in our
programming for Auiumn 2023 and we will coniinue (o build upoo this. W¢ hav¢ expand¢d our offer io include spoken
word a[￿ gaming nights and we have plans to diversify our music. theatre and comedy offer as well as looking for new
and exci¢ing ways to engage with audiences of all ages and backgrounds.
A5 digita] aciivities become the norm, we will investigate tkw ways of allowing atyJience5 to curate their OWlL
experiences and focus on theirown conitsi ¢reaiion. Should funding allow we will seek to produce our own work for
touriThg.
We remain ¢ommilted io expanding the workforce in the arts by pmidingwork experiert¢e fot disabled young people
and participating in progrdmmes io iThcre￿ diversiry aThd inclusion.
We will expand our food and beverage offer including a new café on th¢ ground floor, increa%ing visibility and
footfall. and generating additional income io sUp[￿rt our cllarirable Ivork.
We will work with all involved to develop a placemakin8 approach which includes the abilitv to Show work outside atml
itt our venue.
Our divetsilv and inclusion plan will 5cc us incr&35ingly reflcct communities in our borough through our workforce and
Ihe offer io our communities and ensur¢ w¢ are accessible io both with our oTh$iie and tsffsite programmes.
Page 8

THE ARTS DEPOT TRUST LIMITED IREGISTERED NUMBER: 03536243)
Report of tbe Trn51tt5
for tht p¢riod I Stpternber2O22 to 31 M*rtk 2023
FUTURE PLANS AND ACTIVITIES...tontiDved
Environmental su51ainability continue5 to be a key feamre in 2023124. Once our new lease is confim)¢d w¢ will apply
for Capital funding for eThergy eff)¢ient equipmenL alongside our ¢ontinual efforts to Tedu¢e everyday usage.
Our artist development programme will support al le￿ 8 artists or£ompanie5 each year with space and a small bursary.
We are seeking to facilits* anists to ivork offsLie with communitie5 if this is more appropriate ftsr their projeci whilst
they still relain access ¢0 the Men￿l￿g support at artsdepoL
Barne¢ and Cultu1¢ for Youth {B&CYI remairts a key commiunent for art5dcpot. ILS 5-year 51Trtegy launched irt
November 2022 and fvlfilling the plan5 ¢onthined within (￿tinu¢S its be a Priority.
STRucfuRE. COVERNANCE Af4D MANACEMENT
Strud￿re* govtrn*thtt and m*n*gtmeDt
The Arts Depot Trust Limited is governed by Memorandurn and Articles of As9)ciation incorpornted on 27 March 1998 and
amended by 5peciaJ resolutions d*ed 21 Sepiember 2(1)0, 25 July 2(X)1, 29 JUIY 2004 and 22 September 2008.
Trustees are also the director5 and members of The Arts Depoi Tru# Limiied.
The Board of Trustee5 meet four rhme5 a year and is curreThtly composed of 12 membeT5 wth ¢xperien¢¢ and skills in arts
managemenL flnance, business d¢velopmenL HIL itiforni¥¢ion te¢hrtolo8y. legal, manag¢meni consultancy. Marketing and
PR.
Observers from Arts Council Et)gland attend meeiin%$.
A financ¢ SU￿0Mmittee m¢¢ts quarterly ￿ review financia] perfonnance. budgets, human resource. legal. OPCTa¢ional and
audit matters.
Tru$iees ￿$0 suppon wlicy development in artimic. community acce55 and developtneni xtivitie$ on a ¢onsuli•ive b&%is.
The Board of Trustees cart be composed of a minimum of 4 and m&ximum of 20 members.
Neiv iru5tee5 are appointed with reference ¢0 ihe Skil￿ experienc¢ and divetsity of The Board ai th¢ lime. A combination of
internal and external networks are used in recruiling new In￿etS. who May up to two con5¢CUtive three-year terms.
All new tntstees undergo a full induciion which ¢ovus aTtsdeFrf5 governance in¢ludin8.' Tr￿tee role and resportsibilities"
financial position,. funding and aciivities,. organi￿lOn￿l Strxtwe and peTsonThel. strttegic plans" main pathers and
relationships and tnislee trdining and d¢velopmenL
The Chief Executive is rcspon5ible for the strate¢pic and day-¢￿daV manwmetst of artsdepoi including the content of the
artistlc Programme and is supported by a rnanagemeni team which includes a Director of Programming. Developmeni
Dire¢Lor. Head of Finance and Head of op￿lon%
The rhatity h&s a wholly owned subsidiary, Arts DeFKJi Prnduaions Limited, which was emablished in October 2004. Its
principal activiiie5 are the provisitsn of artiMic and other acrtviiies. results have been consolidatrd in ihese a¢¢ounLS.
Risk rnanagtment
The trustecs have a duty to idcntify ond rtvivv the risks to whith the charity is expos￿ and to ensure appropriate controls
are in pla¢e io provide reasonabl¢ assuranee again# fraud atyj error.
Page 9

THE ARTS DEPOT TRUST LIMITED IRECISTERED NUMBEIL. 03536243}
Rtport of tht Trusttts
f•r tht period I Stpt¢mb¢r 2022 to 31 M*r¢k 2023
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees {who are also the directors of The Arts Dcpot Trust Lirniied for the purpose5 of company law) art responsible
for preparing the Repori of the Tn￿tee$ and ihe finaThcial swements in ac¢oTdan¢e with applicable law and United Kingdom
A¢¢ounting Standards (United Kingdom Generally AcceP￿d Accoyn¢ing Prnc¢i¢¢).
Company law r¢quires the trustees to prtpare financial sratements for each financial year ivhieh 8ive a thje and fair view of
the State of aff￿r$ of th¢ charitabl¢ ¢ompanv artd of the incoming rewJrce5and application of resources. including the income
and expenditure, of the charitable company for that period. In prwxing th0￿ flnamcial staiement5. the tru5tee5 are required
select suitsble accountin8 poli¢ies and then appty theTn Consistently.
observe the methods and principles in the Charity SORP.
make judgements and e5timaks ihai are reasonable and pNd¢nL
prepare th¢ finan¢ial staiem¢n¢SOn the goingconcern ba5isunle&4ii is inappropri*eto pr¢sume th¥tthedJaritable company
will coniinue in business.
The Irusrees ate responsible for keeping pr￿r accountine records which discl(v with reasonable accuracy ￿ anv ttme the
rmancial position of th¢ ¢haritable Company and to enablt them io ensure that the financial sraiements comply wxth the
Companies Act 2006. They are also resw)n$ible for safeguarding the as5cts of the tharitsblc cornpany and hcncc for ¢aking
reasonable 5tep5 for the preveniion and detr¢tion of frnud a]]d other irregulaTiii¢
In 50 far ￿ the trustees are aware..
there is no relevant audit infonnaiion of which the ¢h¥itrble ¢ompanYs audiiots ase unawaTe,' and
the trustees hav¢ takeo a]1 steps ihat they ought io have taken w make themselves aware of any relevani audit infom)ation
and to establish that (he auditors are aware of ¢hat infO￿alLOn.
AUDITORS
The auditors. Xeinadin Auditing, will be wJpo*d for re4ppointment at the forthcoming Annual Gcncral M¢etiDg.
Approved by order of the boord of trustees on...2W12r2023...................._........ and signed on it5 behalf by:
S Mustafa- T￿s￿e
Page 10

Report of th¢ Irtdtpendent Audiitrrs i• the Mtthbtrs ot
Th¢ Arts Depot Trust IArnited (Rtgisttred Tr￿Mber: 035362431
OpiDIOII
We have audited the financial staiements of The Arts D¢w Trust Limited {the '¢haritable company) for the period ended
31 Mareh 2023 whi¢h compri5¢ thc Consolidated Statement of Financial Aciivities, tht Group and Company Balance Sheet.
the Consolidated Cash Flow Statement and ftoies io the ftnancial statement5, incILTrding a summary of significani accounting
policies. The fLnanciAI Teporting framework thai has been applied in their preparation is applicable law and Uniied Kingdorn
Accounting SthndaTds (United Kingdom GcneTa]ly A¢¢ep*d Attouniing Prnai¢¢).
In our opinion the financial ststements..
give a true and fair vitiv of the Statc of the charitable companrfs and charitable gTOUWJ affairs as ai 31 March 2023 and of
its incoming resour¢es and application of resources, inclllding its income ortd expendI￿r< for th¢ peri(xl then ended.
hav¢ b¢¢n pro￿rIY prepared in a¢eordanc¢ with Uniied Kingdom Genetally Accep*d Accounting Practice. and
have been prepared in ￿(OrdanCe with the Tequir¢men15 of the Compamie5 Act 2(KJ6.
Basi$ ftsr opinio#
We conduaed our audit in ac￿rdanCe wilh International Standards on Auditing (UK) IISAS (UK)) and applicable law. Our
re5ponsibiliiies under those 5thndards are fither described in the Auditors, resp)nsibilities for the audit of the financial
swements se¢iion of our reFN)rt. We are independent of the charitable compaThw and charitsble group in accordance with the
ethical requirements thar are relevant to our audii of the financial statem￿t5 in the UK. including the FRC'S Ethical Stsndard,
and we have fulfilled our other tthirdl rcsponsibilities in accordance with these requirements. We believe lh￿ the audit
evidence we have obtained 15 sufficient and appropriat¢ io tmvide a b&sis for our opinion.
concl￿510115 rel4ting to going con¢eTn
In allditing ihe financial siaiements, we have concluded th¢ ffiLYttS' we of ihe going concern b￿15 of accounting in the
preparation of the financial statements is appropriale.
Bwd on the work we have perfornied, we havc not idEntified any material uncenaintie5 ￿lating to events or wnditions that,
individually OT collcctiyely. may casi significant doubt ort the chariiable company and charitable groups ability to continue &$
o going concern for a period of ai least Thvelve monrhs from whert the financial statements art auihorised for issue.
Our resportsibiliti¢s and the responsibiliiies of the tnLoees with r¢spectW 80in8 concern are described in the relcvant sertions
of this report.
Othtr &llfornkgtkoD
The tru5tces art responsible forthe oth¢T infornatson. The other infomiation ¢omprises the inforn)*ion in¢lud¢d intheAnnual
Report, other than the financial $tatemenLS and our Report of the Indeptndtni Auditors thcreon.
OUT opinion on the firtancial sthternevts does noi cover the other iriforniation and, except to the extent oihenvise explicitly
slated in our repon. we do not e.xpr¢ss any forn) of assurance conelusion thereon.
In connection wilh our audit of the financial sthtements. our restKJnsibility is to read the othtt infonnation and, in doing so,
eon5ider whether the other infonnarion is materiallv inconsistent with the finanrial si*ernents OT our knowledge obtained in
the audit QT Otherwise app¢ar5 to br materially missta*d. If we identify su¢h mat¢Tial iThconsisten¢i¢s QT apparent maieriaj
misstaL¢meni8 we are required to deknnine whether thi5 gives rise to a material mis51atement the flnancial 5tatcm¢nts
themselve5. If, ba￿d on the work we have ￿rfOrn¢d. we ronclude that thcre is a Materi￿ mi55taterneTht of this oiher
infomation, w¢ ￿ required io Tepon fa￿. We have nothing io repr)rt in regard.
OpiDitsn$ on oth¢r tt)*tters prescrib¢d by lh¢ C•mpAnies A¢1 2006
ID our opinion, b￿d on the work undertaken in the course of ihe audil..
the infomation given in the Rcport of the TTuMe¢s forthe financiJJ vear foi which th¢ fIn￿ela) siatemettts are prepared is
consisieni with ihe flnancial #atements. and
the Report of the Trusi¢¢s has been pr¢por¢d in ￿ordance with applicoble legal wuiremeÈ)ts.
Pa8ell

Report of the IDdepeDdeDt Auditors to the Methbtrs of
The Arts Depot Trust Llmited (ReEi5tered mumber: 03536243)
Matter5 OD wbich we are Mq•irtd tg report by txteptioo
In th¢ lighi of th¢ knowledge and under513nding of ihe chariiable companv and charirable gTOUP and its environment ob¢ained
in the COUTS¢ of the audit. we have nol identifjed material missratements in the Report olthe Tn1￿Ce*
We have nothing to report in resrrtt of the followine matters whve the Companies Ac¢ 2C￿￿ requires us to rwrt to you if,
in our opinion=
adequate accounting re¢ords have not been kept or returns •Jcquate for our audii have F*en rtt¢ived fr(pm bran¢h¢5
not VLSlted by u5,. or
the finanGial 5tat¢ments are not in aereement with the accoLmiit)g records and r￿UmS. or
certain diselos¥ies of tru*ees' remuneratitsn specified by laiv are noi m*" or
we have not rtctived all the infotmatiort and ¢xplanaiions w¢ rwuire for our audit- or
the trustees were not entiiled to tske advantage of th¢ sma]1 ¢omponies exempiion from the requirement io prepare a
Strategic Report or in prep￿Ing the Re￿rt of the Trusttts.
Responsibilities oftrnsttes
As explained more fully in the Starement ofTnL%tees' ResrM)nsibiliiie4 ihe tnLStees (whriareals0th¢ direuors of the ¢hariiable
company and charitabl¢ group forth¢ purposesoftompany law) are responsible forihe prepardtion of the financial 5ratements
and for being saiisfjed ihat thev give a true and fair viuv, and for S￿h in¢¢rnal rontrol a5 th¢ trust¢e5 d￿¢M)In¢ 15 nec¢55ary
to enable th¢ preparation of financial st￿emeNts that art fr¢¢ fiDm mat¢rio1 misstatemetti. whether due to fr￿d or error.
In preparing the fjnancial ststem¢nt8 the truyees are r¢sp)rJsible for assessing the ¢haritsbl¢ company and ¢haritsble groups
abiliry io Continue as a going conttrn. disclosing, &$ applicable, maliers relaitd 10 80in8 COt)cern and using the going concern
basis of aecotsntirtg unless the tntstees either intend io liquidate ihe charitable company or to cease operations, or have no
realistic alternative bui to do so.
PaKe 12

R¢kWrt of the Indeptlld¢•t Atyditors to tbe Members of
The Arts D¢pot TnLSt limited IRegi%ter¢d number. 035362431
Our responsibilities for the audit Of the finaneial 5t*itDtuts
Our objectives arc to obtsin reasonable assurance about whether the financia] *atements &$ a whole are free from material
misstatrmenl i¥h¢th¢r du¢ to fraud or errw, athl to issue a ReFM)rt of th¢ lThlep¢nd¢nt Auditors that includes our opinion.
Re&sonablc assurance 15 a high level of ￿Urance, but is not a guardn*e that an audit conducled in actordance with ISAS
(UK) will alway5 detect a material mis5taiementwhen li exists. Mi&sratcmcnrs can arise from fraud orerrorand are Considered
material if. individually or in the aggTeg&e. they could re￿onablY be expected to influence the ¢conomi¢ decisions of us¢rs
raken on th¢ basis of ihese finan¢ial stsiemenl
- Identify and assess the risk of material mi5swemeThi of the financial staiements. whether due to fraud or error. design and
perfonn audit procedures responsive to those risks. and obtain audit evidence thai is sufficitht and appropriate to provid¢ a
b&sis for our opinion. The risk of noi dete¢¢ing a m*eTial misstsi¢ment r¢suliin8 from fraud is higher than for one resulting
from error. as fr4ud may inYolv¢ ¢ollvsioN ftsTgery, int¢ntiOtwi omissions, misrtpresenwion5 or the override of internal
control.
- Obtain an understanding of internal Control relevant io ihe audil in order to design audit prwedures ihat are appropriate in
th¢ circumstanets, bui not for the pU￿oSeS of expressing an opinion on the effectivenes5 of tht company'5 internal control.
. Evaluate the 8PPTopriateness of accounting policies used and the reasonableness of ac¢out)iing estimates and ihe related
disclosures made by the direcior&
- Conclude on the appropriateness of the diwe¢tors' use of the going ¢on¢ern basis of ac￿￿nting and, based on the audit
¢videnc¢ obwned, whether a materia] un¢enainty exists relat¢d io ¢veni or conditions Ihai mav c&st 5ignificanr doubt on the
company and charitable grnup's ability io coniinue &5 a going concenL If wc conclude ihat a material uncertainty ¢xi5ts, we
are required to draw attention in OUT auditor5 report io the relaicd di%losure in the financial staiemenis or, if such disclosures
r¢ inadequaie ￿ modify ouropinion. our￿￿¢lUsiOnS ar¢ bwd on th¢ audit evidence obthined up to the date of our auditorfs
report. However, future events or condiiion5 may cause the company to Ce￿ io continue as a going concern.
Evaluate the overall presentstion, strucwre and conieThi of the financial ststements. including the disclosure& 8JLd ivh¢th¢r
the financial Statements represent the uThJertying trdnsacuons and evenTS in a maJ)ner ihal achieves fair pr¢sentyiion.
A further descripiiort of our respot)sibiliiies for the audit of the flnancial ￿￿eMents 15 located on the Financial Reporting
Council'5 website at www.frc.org.uklauditor5fesF4)nsibilitie5. This description forn$ part of our Report of th¢ Independent
Auditor&
Ust of Our report
This report is made solely io the ¢haritthle comparty's members. as a body, in accordance with Chapter 3 of Pan 16 tsf the
Companies Aci 21K)6. Our audit work h&$ been undenaken so that we mighi stare io the charitsble ¢ornpany's membeTS those
tnatt¢T5 we are required to s¢aie io them in an auditors. ieport artd for no other purpose. To the fvlles( exieni pennitted by law.
w¢ do not accept or assume responsibility to atlyone otherthan the charitablecompany and the charitable companys members
as a body, for our audit work, for this Tewrt. or for the opinions we ha*e fOrrn￿.
Haul Day Bsc {Hons) FCA DChA (Senior Ststuw Auditor)
for and on behalfof Xeinadin Auditing
Chartered A¢¢ountants and Sratutory AudiLOIS
BeckeL House
36 Old J¢wry
Londot)
EC2R 8DD
D￿t..

THE ARTS DEPOT TRUST LIMITED
CoD5ts1idxted StattthÈttt •f Fitt#Lcl*l Attiyiti
for ¢h¢ period I Stpttmbtr 2Q22 to 31 Mareh 2023
Period
1.9.22
to
31.3.23
Total
fvnds
Year Ended
31.8.22
Total
funds
Unre5tricTrd
Restricted
fijnds
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,533
184.9J2
327,4)2
Cbaritable Attivitits
Theatre projects
544.651
141,564
686215
1,236,175
Other trading a¢tivities
Inve5tmtnt income
Other in¢om¢
458,401
5.019
458,401
5.019
673.018
903
Tot*1
1 191470
1334 567
2 269 069
EXPEf4DITURE ON
Eiaising funds
Other trading activities
30?79
81.018
30,379
81.018
51.605
108,730
Charitsble activities
Theatre ¥thd projects
1347.822
163218
1511040
2.218,557
TotAJ
.459.219
163218
l 622 437
2 378 891
Nrf INCOMFJ{EXPENDITURE)
(267.749)
(20.121)
{287.870)
(109.823)
RECONCILIATION OF FufiDS
Totsl futtds brought fonvard
752.575
14i,866
898,441
1.008.264
TOTAL FUNDS CARRIED FORWARD
484.826
12) 745
610571
898,441
The noies form p*¢ of thes¢ finor)¢iai stht¢ments
Page 14

THE ARTS DEPOT TRUST LIMrfED OIEGISTERED NUMBER: (13536243)
Consolithted BalaJKe Shett
31 M*rtb 2023
2023
Total
funds
2022
Total
funds
Unreyrt¢te4
Restricted
fund5
FIXED ASSETS
Tangible assets
Investments
13
14
84,457
84.457
8.028
92.485
73.389
92,485
81,417
CURRENT ASSETS
Stocks
Debtors
Cash at bank and in hand
3,918
67.884
1032310
3.918
67.884
1580)5
1.229,857
1.726
117,633
17
125745
125,745
1,399,398
CREDITORS
Amounts falling due within one year
18
1711,771)
(711,7711
(582.374)
NET CURRENT ASSETS
392
125745
518086
TOTAL ASSETS LESS CURRENT
LIABILITIES
484.826
125.745
610,571
898,441
NET ASSETS
484.826
12) 745
610571
FUNDS
Unrestrictd funds
Restricted funds
20
484,826
125 745
752.575
145.866
TOTAL FUNDS
610 571
These financial statemtnt$ have been prepared in x¢ordaTKe with ihe provisions applicable to charithle companies subject
to the small companies re8ime.
The financial statements wrre approved by th¢ Board of Trustees aDd authorised for issu¢ on...20112r2023................. . ............
wer¢ signed on its behalf by:
S Musiafa- Trumee
The notes forn part of these financial thiements
P4¢ 15

THE ARTS DEPOT TRUST LIMITED IREGISTERED NUMBER: 035362431
Charity Bahnrt Sheet
31 M•rtb 2023
2023
Total
funds
2022
Total
funds
Unremricted
fund$
ReWi￿ed
funds
FIXED ASSETS
Tangible ￿Sets
Investments
13
14
75.638
75.638
62.926
83,668
83.668
70.956
CURRENT ASSETS
Debiors
Cash ai bank and in hand
17
239,￿9
239,929
259,558
908 067
125 745
752.893
125.745
878,638
,167,625
CREDITORS
Amounts fallin8 due ivithin one year
18
(358.526)
(358,526)
(346,930)
NET CURRErfr A&SETS
125745
520 112
820 695
TOTAL ASSETS LESS CURRENT
LIABILITIES
478,035
125.745
603,780
891,651
NET ASSETS
478.035
125 745
891651
FUNDS
Unresiricted funds
Restricted fund5
20
478,035
125745
745,78)
145 866
TOTAL FUNDS
603.780
891 651
These financial siatements have been prepar￿ in accordan￿ with ihe provisions applicable to ¢hari1oNe companies subject
to thc small rompanic5 rcgim
Tk financial 5talementswere approv￿ by the Board of Trustees and authori$￿ for issue on...2011Y2023................................ and
w¢r¢ signed on ils behalf by=
S Mu51afa- Tn￿¢¢¢
The n￿eS fom part of thes¢ financial st*emeTh
Page 16

THE ARTS DEPOT TRUST LIMITED
C*sh Flow St*temtllt
for the ptTiod I S¢pttmber 2022 to 31 Manh 2023
Pcriod
io
31.3.23
Year Ended
31.8.22
No
Cash flows frons optr4tthg *¢tivttt¢s
Cath generated from operarion$
102.661)
iO,256
Nei c&sh used in 0￿rating actLVltie$
102661)
50,256
Cash Ilows froth inwudtyg arfivltl¢$
Pur¢h8se of tsngibl¢ fjxed &ssets
Sale of tan8ible fLxed asseis
Interest reccivcd
(24,342)
(39,691)
903
Nei cash used in invesiing aaiviii¢s
38 788)
Changt ljl fash xud ¢•$b t9￿1VI1t￿ts in the
r¢porting period
Cash and ¢a5h equivalents af the b¢tiDDitig
of the reporting ptriod
{12l.984)
11,468
1280039
.268,571
Cash and ca5b equiYaleDts at the tid of ¢b¢
reportilll period
I 158055
1280 039
The noie5 forn part of these financial swem¢t)ts
Page 17

THE ARTS DEPOT TRUST LIMITED
Notes to tlhe Cash Flow Stalemtnt
for the period I September 2022 to 31 Martb 2023
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATINC
AcfiviTIFS
Period
1.9.22
io
Year Ended
31.8.22
31.3.23
Net txpenditure for the Trportimg period per the Stst¢m¢nt ol
Fin*rttiAI Attivities)
Adjustments for:
Depreciation charges
Intere￿ re¢¢ived
{IncreaSeYdecre￿ in s¢o¢ks
Decrease in debior5
In¢reasel(de¢rease) in crtditoTS
(287,870}
(109.823)
13,274
(5,0191
(2.1921
49.749
129397
35,393
(903)
{1,726)
70.406
Net tasb used in operntio#s
102661)
ANALYSIS OF CHANCES IIY NET FUNIYS
At 1.9.22
Cash flow
At 31.3.23
Net cAsh
Cash at bank and in hand
1280 039
121984
1 158055
Totsl
1280 039
121 984
158055
The notes forni pwt of these financial Sthlements
Page 18

THE ARTS DEPOT TRUST LIMITED
Note5 to the Fi••ncial Statements
(or the perb)d I Sept¢tyJbtr 21122 to 31 M*r¢h 1023
ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
Th¢ financi￿ swements of thc charitabl¢ company, which is a publi¢ F*nefit entity under FRS 102. have been
prepared in a¢mrthce ivith the Charities SORP IFRS 102) 'Accounting and Reporting by Charitie5'. Stat¢m¢nt of
Recommended Praaice applicable io charities PTepaTin8 their accounts in a￿OrdanCe with the Finoncial Reporting
Standard applirdble in ihe UK and Republir of Ireland (FRS 102) (effe¢tive l January 2019),, FiJwi¢ial Reporting
Stsndard 102 The Financial Reporting SwidaTd applicable ID the UK and Republic of Ireland, and the Companies
Aci 2006. The fjnancial wiements have been prepared under the historical cost ¢oThvention. wth the ex¢epiion of
invesmients which are included ai market value.
PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
The financial statements co]wlidate the results ofthe chariry 2nd itswholly owned subsidiary Arts Depoi Productions
Limited on a line-by-line basis. A separate Statcnjenl of Financial A¢tivili¢s and IDcome ond Exp¢ndimre Account
for th¢ ¢harity h&q not be¢n prts¢ni¢d because the Charl￿ has taken advantsge of the exempiion afforded by s¢ction
408 of ihe Companie5 Ac(201￿.
CRITICAL ACCOUIYTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY
In deterniining the canying amounLS of ctnain assets and liabiliii&s. th¢ group and parent chaTity mak¢ assumpiions
olthe effects of uncenain funW¢ events on those ￿ets and liabilities at the balance sheet date. The group and parent
charity's estimates and wump(ions are based on his￿rical exptricrKe and cxpeciations of futtwe events and are
Teviewed annually.
INCOMINC RESOURCES
All in¢tsrning resources are in¢lud¢d irt th¢ Ststemeni of FiDan¢ial Aciivjties when:
-the charity is legally eniitled to the funds
-any perfonnan¢e ¢onditions attra¢hed io the income have been met or are fully within the ¢ontrol of ihe charity
-there is sufficieni certainry that receipt of the income is coNsidered probable
-the aThount can be easily mewred
-Donations aDd legaties
GTant￿ donations are reeognised in ithcoming resources the year in which they are receivable. except as follows..
-when donor5 specify ihat gran￿ donaiions given to the charity must bc used in fuwre accounting pttiods, th¢ income
is deferred unlil these periods
-when dortors impost conditions which have ￿ be fulfilled before the charity becomes entitled to usc such income.
the income is deferred amd nor includcd in Trncoming re50urce5 until the pr￿ondiTIOnS for use ar¢ mei.
-Cbaritable activitie5
Th¢atrc inc¢me - Incom¢ from box otYit4 perfomianrc f¢es and wndry other theatrical income 15 in£ludd in
incoming resources in the period in which the Telev￿1 show tskts place.
Project sp¢¢ifi¢ fvndinR- when donors specify thai donations and Rranis are for pani¢ular rewicied purrd>sc5, which
do noi amount to prwondiiion5 regarding entitjemeni this income 15 included in incoming ￿X>urE¢S or restricted
funds when rrf¢ivable.
-[￿estInent income
Interest on filnds held on deposit is in¢luded when reCei￿ab]e and the amount can be measured reliably by the ¢harity.'
this is norn)allv upon nolifjcaiion of the iniere51 paid or payablc bv the bank.
-Commenial tradiDt attiyities {of 5ttbsidiaryl
Income from cornmer¢ial aciiviiies is included in iTthming ttsources in the period in which the group is entitled to
receipi.
Page 19
con¢inu¢d...

THE ARTS DEPOT TRUST LIMrrED
Notes to the Fin*D¢i*l Ststemthts- t•mtinu¢d
for iht p¢riod I S¢pt¢mb¢r 2022 ts 31 Marth 2023
ACCOUNTING POLICIES- eontillued
EXPENDITURE
All ¢xpendi¢ure is included on an b¥is in¢lusiv¢ rif 3Thy VAT which ￿￿￿01 be rttovertd and is re¢o8nised
when".
-there is a lesal or constructive obligation to make a paymcnt
-it is probable that settlemEnt ivill be required
-Ihe amount of the obligaiiort Can be measured reliably
-costs of raisiDg funds
Costs incurred in anrading donations and those in¢urr¢d in rrnding a¢Livities thai raise funds.
-Cbarit*ble atlivities
Theatre production costs. ¢OSts incurred in production and n]nningof productions toured in the y¢ar.
-support costs
The administrative and tsyethtad costs &ss(Kiated with running the office from which the company opera*s ￿ w¢ll
as governantt costs. Support Costs are wholly attributsble ￿ theatre PTodu¢iiort ¢osts.
overnanee t05ts
Costs associalEd wilh the con#itulion•l and requirements of the ¢h*ity.
TANGIBLE FtXED ASSETS
D¢pr¢ciation is providtd ai the following annual rates itt orderto Write off each asset over its eMima¢ed u5efvl life.
Long leasehold
Theatre equipm¢nt
Office cquipmcni
over thelsfe of the property lease
33% on cosi 25Y• OTh COA and 20% on co
33% on COSL 25% on a)st and 20% OTh cost
Individua] fjxed Isse￿ costing £5Th) or more are capitalised ￿ COA.
TAXATION
The charity i$ exempt fmm Corw>￿1(￿L its charktable actlVLiie5.
FUND ACCOUNTING
Unresiricied funds can be used in accordatKe with the charitable objeciive5 at the dI￿retIOn of the trustee.
Restricted funds can only be used forparticular re51ricted pur￿$¢5 Wlthin the objects of ihe charity. R¢striclion5 arise
when specifjed by the donor OT when funds are raised for Particul￿ restriaed purpos
Further explanaiiotk of ihe nature and purpose of each fimd is included in the note5 lo the finan¢ial $￿terneAts.
PENSION COSTS AND OTHER POST-RETJREMENT BENEFITS
The ¢h&itsble company operates a defined ¢ontyibu¢ion pensitsn s¢heme. Con¢ribulions pavable to th¢ charitable
comparty's pension scheme are charged io the Sthtemeni of Financial Aciiviiies in Ihe period to which they relaic.
FINANCIAL INSTRUMENTS
The group and parent charity only have financial assds and financial liabilities ofa kind that qualify as b￿lC financial
irtS¢rurnenis. Basi¢ financial instruments are initially re¢ognised al transaction value and subsequeThily measured at
their s¢ttl¢meni value.
Dtbiors
Trade a￿A other debtQTS are recognised ar the 5ettlemenr am¢)uni due after any irade discouni offer￿. PTepayments
are valued at the amount prepaid after taking account of anv trade di5countsdue.
Page 20
continued...

THE ARTS DEPOT TRUST LIMITED
otes to th¢ FinADtial Statememts- tODliDued
for the p¢riod I Septejnber 2022 10 31 M*rtb 2023
ACCOUNTING POLICIES- contiDxd
FINANCIAL INSTRUMENTS
Cash at bank and in hand
Cash ai bank 3nd itl hand includes cath and short terni highly liquid investments with a Short maturity of three months
or less from the dale of a¢quisttt¢M or openirtg of the derA>stl or similar account.
Creditor5 and provision$
cr￿lI0r$ and provisions are recognised wheff the charity has a Pre￿nI obli8ation resulting from a po#everttthat will
probably result in the transfer of funds 10 a third party and the amowit duc io %ttle the obligation cat) be measured or
cstimated reliably. Creditors and provisions are norn￿llY recognised aitheir sett]emetht amount after allowiThg for any
trade discounts due.
DOP4ATIONS AND LEGACILS
Group only
Period
1.9.22
io
Year ended
31.8.22
31.3.23
Donation$
Gifi aid
Grdnts
7.379
778
176 775
9.971
1.630
315,851
184932
327 452
Grants re¢eivd, i￿[￿*¢d ift the abov< ¥r¢ as follows..
Period
1.9.22
io
Year Ended
31.8.22
31.3.23
Ans Council England- NPO fundine
Ki¢kstsneJs Grant
176.775
176775
315851
Pag¢21
continued...

THE ARTS DEPOT TRUST LIMITED
Note5 to the FiDancial Ststements- continlled
for the P¢Tiod I September 2022 to 31 March 2023
OTHER TRADING ACTIVITIES
Group ODIY
Period
to
31.323
Year Ended
31.8.22
Renthl incorne
CaL¢ring incom¢
350.(
108,401
533.160
139 858
458 401
673 018
INVESTMENT If4COME
Croup only
Period
1.9.22
to
31_3_23
Year Ended
31_8.22
D¢posiL attouni inier
903
INCOME FROM CHARITABLE ACfIVITIES
Gr0￿p only
Period
1.9.22
io
31.3.23
Year Ended
31.8.22
Activity
Theatrt and projects
Theatre and PTojerts
Theatre artd pJoj¢tts
ProgTainming
Hires
Grdnt$
414225
I30.426
567,632
245,642
422901
686215
l 236 175
Grants rtteived. included in the above, are Is follows:
Period
1.9.22
to
31.3.23
Year Ended
31.8.22
City Bridge Trust
Creative Industhes Insight Piogramme
Franci5 Winham Foundation
Frien Bamet Educational Tn
National Theaire C<)nneciions Festival
Ov¢ Anjp Foundaiion
The Red Hill Trusi
Sobcll Foundation
John Lyons Chariry
Young Bamei Foundation
A Ntrv Dire¢tioTh
Rix-Thompson-Rothenberg Foundation
Souter Chariiablt Trust
C￿]ed fonvard
23,802
28.333
2,450
28,475
16.667
2,000
2.000
4,480
5.000
2.365
6.140
5,0(M)
11,667
23.334
3,020
22,500
5.000
7,5
3.0(K)
14.841
Page 22
¢ontiThued...

THE ARTS DEPOT TRUST LIM￿ED
Note5 to iht Fi•anci•l Statsw¢nts- t•￿tIn￿ed
for the period I Stpt¢mbtr 2022 1• 31 M#r¢h 2Q23
INCOME FROM CHAIUTABLE ACTIVITIES- tontinued
Pcriod
1.9.22
io
31.3.23
Year Ended
31.8.22
Brovght fotward
Jesus Hospital Chariry
John Hornimam's Childrens TTUSt
S¢hools project contributions from schwls involved
Ans Council England
GLA Young Londoners Fund
The Amtsld Clark Comrnunity Fund
Ashley Familv Foundation
D'oyly Carte Charitable Tru
London Borough of BaJnei Fall Prtvention
Lords Group Foundaiion
Young Bamet Summer Show
Backstage Tnjst
JOI￿ Thaw Fowidation
London Borou8h of Barnei West Hendon Community Fc5tbval
Award5 for All
The Childhcxjd Trust
BELS
59.559
3.000
114,840
,150
3,500
1.200
286,760
3,750
1.000
3.700
1200
3,￿)0
9.(X)O
10,000
I.(￿)0
1,000
7,800
2.000
135 892
RAISING FUNDS
Croup only
RAISINC DONATIONS AND LECACIES
Period
1.9.22
Ycar Ended
31.8.22
31.3.23
Other fi]ndrdising costs .
51,605
OTHER TRADING ACTIVITIES
Period
1.9.22
to
313.23
Year Ended
31.8.22
Caterin8 Costs
81,018
108 730
Aggregate amounts
160335
Page 23
conlinued...

THE ARTS DEPOT TRUST LIMITED
Noies io the FiDx•cial StatemeDts- CODtiDued
for th¢ p¢riod I Septe￿b¢r 2022 to 31 M•rrb 2023
CHARrrABLE ACTIVITIES COSTS
Croup only
Suppon
05t515ee
notc 8)
Di[￿1
Costs
Totals
Theatre and projecls
870 524
640517
1 $11041
SUPPORT COSTS
Group only
Govemance
e05r5
Management
Finance
Totsls
Theatre and projecLS
619526
NET INCOMEI(EXPENDITURE)
Group only
Nei incomd(expenditure) is swed after chargIn￿(CredITi￿g)'.
Period
1.9.22
to
Year Ended
il.8.22
31.3.2J
Auditor5, remuneration
Auditors'"remuncrntion for D¢Jn audit work
Depreciation- owned asseLS
6.250
4.500
13.274
5,566
5,750
35.393
io.
TRUSTEES, REMUNERATION AND BENEFtrs
Group only
There were no tru5tees' ￿mUneration or other beThefits for the period endcd 31 Marth 2023 nor for the year ended
31 A￿guSt 2022.
TRUSTEES, EXPENSES
There wtre no ITusiees' expeTh%s paid for ihe ￿lod ended 31 March 2023 nor lor the year endrd 31 AuguU 2022.
STAFF COSTS
Gr0￿p ODIY
2023
2022
Wages arhd salaries
Social sccuriry cos15
Pertsiort ¢o$ts
601,420
49.738
928,431
68,476
1010946
Page 24
contlDll¢d...

THE ARTS DEPOTTRUST LIMITED
Notes to the Fi•aneial Statements- eontioutd
for the ptriod I September 1022 ts 31 Mirtb 2023
STAFF COSTS- tODlinued
Thc average monthly number of employees during the WdS as follow&
Period
-9.22
io
31.323
13
Year Ended
31.8.22
Trading and Taising funds
Th¢atr¢ attd arts centre
Atts and education projects
120
125
No employtts received emolwb)enrs in ¢xc¢ss of £60.1￿.
The key maTha8trnent PCT50nnel of the group artd pareni charity ¢ompri5e the Trustees aThd the Senioi Managemeni
Team. The total employee be￿rIts of th¢ k¢y management personnel of the charity were £12l.919 (l2 months to 31st
Au8USt 2022 £187.2171.
12.
COMPARATIVLS FOR THE CONSOLIDATED sfATEMENT OF FINAP4CIAL ACTIVITIES
Unrestricied
funds
Resiricied
fvnds
To¢al
fvnds
INCOME AND ENDOWMEfus FROM
Donations and lega¢ies
327.273
179
327,4)2
Charitable attivities
Theatre and projects
Oth¢r tradiDg activities
Investment inc￿ne
Other irt¢ome
1.100.034
673.018
903
136,141
1236,17)
673.Ol8
903
Total
2 132749
136320
2.269 069
EXPENDITURE ON
Fundraising coxs
51,605
108,730
51,60)
108.730
Charitabit adiviti
Theatr¢ ar￿ proje¢ts
2 037 922
2218557
To¢*l
2 198 257
180.635
2 378 892
NET INCOMEI(EXPENDITURE)
{6i,508)
144,31 Sl
(109,823)
RECONCILIATION OF FUNDS
Total funds brought forward
818,083
19),181
I.(￿8.264
Page 25
¢onlinued...

THE ARTS DEPOT TRUST LIMITED
Notes to the Fina•cial Ststements- eontinutd
ror the peTiod I Septembtr 2022 to 31 Marek 2023
12.
COMPARATIVES FOR THE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES-
Unrestricted
nds
Restricted
funds
Total
funds
TOTAL FUNDS CARRIED FORWARD
752
13.
Group
TAIYGIBLE FIXED ASSETS
Long
Icasehold
Theatre
equipmertt
Offic¢
equipmelli
Totsls
COST
At I Seplcmbcr 2022
Addiiions
285.537
108.336
348282
7.457
742,155
24.342
At 31 March 2023
302 422
108.336
355 739
766 497
DEPRECIATION
Al I September 2022
Charge (or year
252.699
104,887
735
311.180
668,766
At 31 March 2023
257612
105 622
318,806
682.040
NET BOOK VALiIE
Al 31 Marrh 2023
At 31 Aygusi 2022
PAre•t
Lo#B
It￿hold
Thearre
equipment
otTJce
equipment
Totals
COST
Al I September 2022
Additions
281.753
26.697
299.856
608.306
24,342
At 31 March 2023
298 638
307313
DEPRECIATION
Ai I September 2022
Chxrge for year
248,915
26.335
270.130
545.380
At 31 March 2023
253.8?8
26.546
276,636
557010
NET BOOK VALUE
At 31 March 2023
44.810
30.677
75.638
At 31 August 2022
362
29.726
62.926
Pa8e 26
continued...

THE ARTS DEPOT TRUST LIMITED
f•r the period I Stpttmb¢r 2022 to 31 mS￿h 2023
14.
Group
FIXED ASSET INVESTMENTS
UnlIs￿d
inv¢stmet)ts
Totals
MARKET VALUE
At I Sep¢ember 2022 and 31 March 2
8.028
NET BOOKVALUE
At 3 l March 2023
At 3 l August 2022
Partmt
Shafts in
group
Unlisted
undertakings investtnents
Totals
MARKET VALUE
Ai I Sepiember 2022 and 31 March 2023
8.030
NET BOOK VALUE
Ai 3 1 March 2023
030
At 3 1 August 2022
There were IKJ investmeni Outside the UK.
C05t or valuation ￿ 31 March 2023 is represented by".
Shares in
group
undertakings
Unlisted
investments
Totals
Valuation in 2021
C05t
334
3)4
The company's investments al th¢ balancc sheet dat¢ in th¢ shar¢ capiMI of ¢ompani¢s include the followin8:
Arts Depot Produttions Limi¢¢d
Registered offi¢¢= 5 N¢ihtr St￿ti, London N12 DGA
Nature of business.. to provide theatrical and entertainment facilities
Class of share..
ordinary
holdinK
2023
2022
Aggregate capithl ar￿ Teserv&%
Profit for the peri0￿car
6.791
6,791
Page 27
ntinued...

THE ARTS DEPOT TRUST LIMITED
Notes to tht FinAo¢S•l Ststw¢#ts- ¢oty¢iDued
for the period I Stptsmbtr 2022 t• 31 Mir¢h 2023
RESULTS OF ARTS DEPOT PRODucfIoNs LIMITED
The summary financtaj perfomian¢e of the subsidiary al0￿ is..
Period
1.9.22
io
31.3.23
Year Ettded
31.8.22
TyrDov¢r
Cost of S￿e5 and admirtistrative ¢xptsses
CoTporhtion tax
643,924
(643,924)
958,039
(9S2.085)
(LossyProfit for the financiaj year
5.954
16.
RESULTS OF THE ARTS DEPOT TRUST LIMITED
The results of The Ans Depoi Tru# Limite4 excluding thtyde of its wholly owneil subsidiary Arts Depot
Productions Lirniied are as follows..
Period
1.9.22
Year Ended
31.8.22
31.3.23
In¢ome and endowments
ExpendiNre ￿ Charitable A¢tivili
Nei incoming re%)urces
Gainl(Ios5) ort revaluati
Totsl funds bmu8ht forward
826,484
1 11435
(287,871)
1,516,029
631807
(115,778)
1007 429
Total Carried forward
891.651
17.
Group
DEBTORS.. AMOu￿rS FALLINC DUE WITHif4 ONE YEAR
2023
2022
Trade debtors
Other de￿orS
VAT
Prepayments and ac¢rued income
13,550
102,514
1.963
920
117633
Pgrent
2023
2022
Ttade debtors
Amounts owtd by group undertakings
Other deb￿rS
VAT
91.079
153.916
1.963
170.022
18,076
Prepayments and accrued income
239 929
259.558
Page 28
continued...

THE ARTS DEPOT TRUST LIMITED
Notes to the FiD*Dcial Ststtments- tontinued
f•r th¢ petiod I September 2022 to 31 March 2023
18.
Group
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade ¢redilO
Social securiry and othert&xes
VAT
Other creditors
Accrua15 and deferrcd income
Accrued expenses
364,312
19.650
160,632
14,886
22.224
63,198
213,192
108 242
68.818
172,150
86.841
711771
582 374
PareDt
2023
2022
Trode creditors
So¢ial securitv znd othertax&s
160.294
19.175
96.198
15.204
12,401
45.897
12.559
VAT
Other ¢redi¢OTS
Accruals and deferred income
Accrued expenses
43.508
358 526
346 930
19.
LEASING ACREEMENTS
Group and Partnt
Minimum le&8e payments under noTrcance118ble oper*ing leases fall due &s follows:
2023
2022
Withirt one year
BeThveen one and five year5
2.517
2.963
Donated serviees ivere received from the London Bornugh of Bamei in the form of buildings ulilised by The Arts
Depot Tru￿ Lirniied for the d¢liv¢ry of its Xtiviiie5.
The va]ue of the premises ha5 been account¢d for #t a nominal ¢harge of £1 (2022 - £1 I since the Irust¢es cannot
reliably e5tirnate the value of the services received due to the specialist naturc of ihe premises.
Page 29
continued...

THE ARTS DEPOT TRusf LIMITED
N•tss to th¢ fwtt¢lal Si#i¢m¢ttts- t•lbtiDutd
for the period I Stptembtr 2022 to 31 Marth 2023
20.
Group
mOVEMEr￿ IN FUNDS
Nei
movemcnt
in funds
At
31.3.23
At 1.9.22
Unr¢s¢rir¢ed fu•ds
General fund
Designated Fund
539.697
212 878
752,575
(267.615)
134
(267,749)
272,082
486,826
R¢strirttd I￿￿d$
Arts Education & Participation
125 745
125,745
14i,866
(20,121)
TOTAL FUNDS
287 8701
610571)
Net movemenl ith fvttds, irt¢lud¢d in the above are as fol]ows:
lttcoming
Resour¢es
expended
Movement
in funds
UDre5tri¢ttd funds
General fund
D¢signai¢d Fund
.191.470
(1.459,085)
134
(1,459,219)
(267,615)
134
(267,749)
,191,470
Restricted f¥ttds
Arts Education & Participation
163 218
(163,218)
20,121
(20,121)
I43,IW7
TOTAL FUI4DS
34.567
1,622.437
(287 870
P•reDt
Net
movement
in funds
At
31.3.23
At 1.9.22
Uthrtstrit¢￿ fumds
General fund
Designated Fund
532.907
212.878
1267.616)
134
265.291
212.744
745.785
(267,750)
478,035
Restritted f•nds
Arts Educaiion & Participation
Artistic Dtvelopmeni
l32.533
(9,169)
10952)
123,364
20 1211
125.74)
TOTAL FUNDS
891,651
(287.871)
603.780
Page 30
¢ontinued...

THE ARTS DEPOT TRUST LIMfTED
N•tL* to the FinaDti*l St*teweBts- t••tiDued
for the p¢riod I September 2022 1• 31 MAtth 202J
20.
MOVEMENT IN FUNDS- eoDtinued
Nct movement in funds. included in th¢ above are as follows:
Incomin8
Resources
expended
Movement
in fund$
Unrestritted fund5
GEneTal fund
Designai¢d Fund
683,388
(951.004)
134}
(267,616)
134
683.388
{951,138)
(267,750)
Re51rieted funds
Arts Education & Panicipati(
Artisti¢ Developmeni
81,377
61,719
(90.546)
72671}
{9,169)
10,952
163
17
TOTAL FUNDS
826 484
1114 355
Comparatives for rnoveweDI ID
GTOUP
Net
movement
in funds
At
31.8.22
1.9.21
Unrestricted fund5
Gene1￿ fund
Designated Fund
523,083
295,000
818,083
16,614
82,122
{65.5081
539,697
212.878
752,575
R￿trICted fund5
Art5 Education & Parti¢ip*ion
Capiial fund
Artistic Development
175,21)0
481
(29.334)
(481)
145.866
TOTAL FUNDS
109 823}
898,441
Page31
ontinued...

THE ARIS DEPOT TRUST LIMITED
No¢¢s io th¢ Fkn#ntl￿ Statements- tontinued
for the ptriod I Stpt¢mb¢r 21122 to 31 2023
20.
MOVEMENT IIY FUNDS- tontinued
Ir￿mITh8
Resource5
rxpendcd
Movement
in funds
Unrestricted fuDds
General fund
Designaied Fund
2,077.749
55.OLYJ
2.J32.749
{2,(￿l,135)
137.122
12.198.257)
16,614
82.122
(65.508)
R¢slrlrt¢d funds
Atts Edu¢ation & Parti¢ipa¢ion
Capital fund
Artistic Dcvtlopment
Schools Fund
82.025
(111,3591
(4811
(60,595}
(29.33411
(481)
(14,500)
46,095
136,320
18063)
TOTAL FUNDS
2269.069
2 J78.892
11)9.823
P•r¢ll¢
Net
movement
in fiknd5
At
31.8.22
Ai 1.9.21
Unrestrieted tunds
General fund
]ksignaied Fund
522.247
10.660
82 122)
532.907
212 878
817,247
(71.462)
745.785
Re5trieted fullds
Arts Education & Partbcipathon
Capital futhd
Artistie Development
175.2(N)
482
(42.66T)
(482)
132.533
190.182
44 316)
145 866
TOTAL FUIYDS
I tN17 429
15.7781
891651
Page 32

THE ARTS DEPOT TRUST LIMITED
r4otes to the Fin*llcial Statements- eothtiDued
for the period I September 21122 to 31 2023
MOvEmE￿r IN FUNDS- contiDued
20.
Incoming
resource5
Re50urce5
expended
Movement
in fvrtds
Unrestritttd I￿ndS
General fund
D¢51gnat￿ Fund
1,324.709
{lJ14,0491
10,660
1.379.709
(1.451.171)
(71.462)
Restritted
Ans Education & Participation
Capital fund
Artistic Developm¢ni
Schoo15 Fund
68,692
(I I lJ591
(4821
(60.595)
(42,667)
{482)
(1.167)
59.428
136320
180636
TOTAL FUPIDS
1.516.029
1,6318071
115778
Arts Edueation & Participati•D
Funds enabling community edu¢&ion and participation in the arLS with a r￿u$ on those who are harder to reath.
Programming Development
Funds whith enable artsdepoi to continue its artistic. audience and pamiership developmtnt.
Capit#l fuDd
Grants and donations forthe purchase of fixed awts. The fund will transfer to the gencrdl fund to match depreciation
over the lift of the relevhnt assets.
All &$S￿S were fijlly depreciated as at 3151 August 2022.
21.
RELATED PARTY DISCIUSURES
The tharitable ¢ompany has tsken advatltage of exemption. under the ttrn)5 of Financial Reporting Standard 102 The
Financial Reporting Stsndard applicable in the UK and Republic of Ireland.. not to disclose related party transactions
with ivholly owned subsidiaries within the group.
22.
Group
DEFERRED tNCOME
Balance at I Sep*mber 2022
Amount rcl¢a5cd to incoming rE￿￿r¢¢$
Amoun¢ deferred in ihe year
213,192
{213.192)
172 150
Balance at 31 March 2023
172.150
Deferred income relates to Theatr¢ •)d Arts Centre and Arts and Education projects income received in advance.
This page th)es noi fom) part of the swut(ry financial sr*ements
Past 33

THE ARTS DEPOT TRUST LIMITED
Notes to th¢ Fin*ntial S¢*t¢the•ts- ¢￿tIll￿¢d
for fb¢ period I Sept¢mbtr 2022 to 31 MArch 2023
22.
DEFERRED INCOME- Cont
PArent
Balance ai I S¢pt¢mb¢r 2022
Amouni rele&%ed io incoming resources
Am¢)unt deferred in the year
I l2.559
(112,5591
Balan¢¢ at 31 Mar¢h 2023
60,￿0
Deferred incomt Ttlates io Theatre and Arts CeThtre and Arts and EthKa¢ion projects irKome rt¢eived tn advance.
Thi5 pa8e does not fo￿ part ofihc smtutory financial sthtements
Pag¢ 34