Moore Thompson Trusted Advls?r5 Chart8red Accounlant5 Company Registration Number 04228305 Charity Number 1088593 JUMPED UP THEATRE (A Company Limited by Guarantee) Unaudited Financial Ststements for the year ended 31 May 2022 JUMPED UP THEATRE iidittg
JUMPED UP THEATRE Index for the year ended 31 May 2022 Legal and Adminislralive Information Trustees, Annual Report Independent Examiner's Report ststement of Financial Activities Balance Sheet 10 Notes to the Financial Statements
JUMPED UP THEATRE Legal and Administrative Information for the year ended 31 May 2022 Tyustees Jennifer Huygen Sailesh Panchal Rev Helena Mary Del Pino Mark John Smedley Claire Diane Ward Chair Secretary Katherine Louise Hall Company Registration Number 4228305 Charity Reglstration Number 1088593 Registerèd office 29 All Saints Road Pelerborough PE12QT Independent gxamlner Accountsnts Kenneth James Maggs Moore Thompson Bank House Broad Street Spalding PE11 1TB Bankers National Westminster Bank PIC Waterside Court Western Avenue Chatham Maritime Kent ME44RT
JUMPED UP THEATRE Trustees, Annual Report for the year ended 31 May 2022 The trustees, who are also directors for the purposes of the Companies Act, have pleasure in presenting their report and the financial statements of the eh8rilable company for the year ended 31 May 2022. The trustees have adopted the provisions of the Statement of Recommended Practice ISORP}"Accounling and Reporting by Charities. in preparing the annual report and financial slalements of the charity. STRUCTURE, GOVERNANCE AND MANAGEMENT Constitution Jumped Up Theatre is a company limited by guarantee with no share capital, which was incorporated on 4 June 2001 and was registered in England and Wales as a charity on 26 September 2001 {charily number 1088593, Company number 42283051. TTU$tees The Iruslees. who are also directors during the year ended 31 May 2022, were.. Rev Helena Mary Del Pino Sailesh Panchal Mark John Smedley Jennifer Huygen Claire Diane Ward Appolntmenl and inductlon of trustees New Iruslees are appointed through an open recruilmenl process and appointed by existing trustees. Potential candidates submit a CV and expression of interest. Candidates fulfilling the criteria are presented lo al least one existing Iruslee and the Creative PrOdur. The roles and responsibilities of a Trustee are explained and information about the charitable company will be shared, Including Ihe opportunity lo observe a Board meeting if appropriate. The Iruslees will agree together on any appointments to be made. At the following Board Meeting, the Trustee will be co-opted after declaring that there is no reason why they should not be 8 Trustee or are eligible under the Charities Act 2011. Successful appointments will be given induction training with the organisation which will include contact time with all the staff, briefing on the structure and operational activities of the company and access to all key strategic documents including funding bids and current business plan. Organlsatlonal structure and de¢lslon making The board of trustees meet regularly lo administer the charity and determine ils strategic and general KK)licies. The day to day management of the charity's operations is the responsibility of the Creative Producer and charitable company secretary. All of the directors are members of the company and guarantee to contribute £1 in the event of a winding up. A creative team of freelancefs are recruited for individual projects. with contracts based on the relevant industries conditions of employment. Rlsk management The Board of Trustees has conducted its own review of the major risks to which the charitable company is exposed and systems have been established to miligale those risks. The eompany is dependent on project funding to support ils activities bul has controls in place lo manage the risks associated with a shortfall in funding. Financial systems are reviewed annually and the Board is kept informed of the financial position ol the company through quarterly management reports. Inlemal risks are minimised by the implemenlalion of procedures for aulhorisalion of all transactions and projects and lo ensure quality of delivery for all operational aspects of the charitable company. These procedures are periodically reviewed to ensure that they still meet the needs of the charity.
JUMPED UP THEATRE Trustees. Annual Report (continued) for the year ended 31 May 2022 OBJECTIVES AND ACTIVITIES Charitable objects The objects of the charity are lo advance education for the public benefit by the promotion of the arts, in particular bul not exclusively, the art of drama. Our vision To create a fair and thriving society shaped by arts and culture. Our misslon To make a positive change for communities through ae$S to the arts. Our goals Our goals are to.. Make Peterborough's cultural programme more successful and relevant., 2. Increase participation in the arts for all.. 3. SupFX)rt artists to create new audiences for the arts. In planning the charity's activities, the Trustees have given due consideffttion lo guidance published by the Charity Commission relating lo public benefit as well as the charity's own vision, mission and goals. REVIEW OF DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS Actlvitles and achievoments NORTHERN SOUL OF PETERBOROUGH The Spring 2020 lockdown resulted in activity being switched to digital, including the capturing of oral history interviews over the telephone. The Body & Soul classes continued online, every week. running longer than the 20 sessions originally planned, and in$lead 50 sessions being delivered with a reworking of the budget. with agreement of Health Xchange, and additional funding from Magi¢ Little Grants and a Pelerborough City Council COVID award, resulting in 700 allendanGes, with participants across Pelerborough and the UK, from Corby lo Norfolk, from the Wirral lo Aberdeen. In Autumn 2020 the oral history interviews and Imnscriptions went online with 864 engagements. 208 listeners were Pelerborough based, 298 in the Eastern l East Midland regions, and the remainder across the UK and some inlernalionals. Agreement has been made with Peterborough College and Heritage Lollery lo replace the planned live engagement with the delivery of a radio series, lo be broadcast on BBC Radio Cambridgeshire in July 2021. The success and impact of Jumped Up's first heritage project is lo be reviewed lo inform future similar heritage and participation programmes. MOVING ROOTS CO-CREATION NETWORK A SOUNDING BOARD of seven young people aged 15-19 was recruited from across the city lo inform the delivery of Jumped Up's programmes. and to co-creale the Fierce Talent campaign, celebrating youth arts and young people's creativity.
JUMPED UP THEATRE Trustees, Annual Report Icontinued) for the year ended 31 May 2022 Actlvities and achlevemgnts Icontlnuedl The Fierce Talent campaign included profiles and plalforming Of 15 youth arts leaders in partnership with online newspaper, Pelerborough Mallers. With funding from Youth Inspired the project also commissioned poet, Charley Genever and film-maker8 Reckless Abandon, to create a campaign Iilm. The artist5 worked closely wth the Sounding Board and over 30 other young people lo co-creale the film, which will be released in June 2021 ahead of our participation in the Disrupt Festival at Guildhall School of Speech & Drama. RENT PARTY by Darren Prilchard, postponed from Autumn 2020, was rescheduled for July 2021. Casting of five local artists has been completed in May 2021, including four who are new lo Jumped Up Theatre. Moving Roots programming will continue for another projects. Follow up activity to Fierce Talent will be considered lo build on the energy and dynamism that the Sounding Board brings the company. COLLABORATIVE TOURING NETWORK Due to the nature of the Cofe activity of this project, that is commissioning large-scale touring and live participatory work, this programme ha5 been delayed by lockdowns and social distancing reslriclions. The new programme will be relaunched in June 2021, with the ambition for a live project in summer 2022. The organisalional development aspect of this programme will be core lo Jumped Up's posl-pandemic future. MASTERCLASSES In March and April 2021 Jumped Up was commissioned by the Key Theatre's Cultural Recovery Funding programme lo deliver professional development online workshops in casting, self-lapes, vocal techniques and wr¢ling. DIGITAL ENGAGEMENT ww.jumpeduplheatre.com had 7.6K visits, up 167VA from last year, including 5.6K unique visitors, up 151'h on last year. with 15K page views. Peak activity was Ihe18unch of the Northern Soul ol Peterborough oral history interviews in November 2020, through the Fierce Talent campaign and Rent Part casting in March and April 2021. There were also 628 engagements with the Culture Forum pages and 348 with the associated blog, and 483 with the maslercla5s pages. Social media focused on organic reach on Facebook1894 followers) and Inslagram {823 followers.) Facebook saw an increase of 109.2QA lo nearly 40K engagements, Inslagram 823D/o increase with 11 K+ engagements, reflecled an investment in staffing resource on Inslagram especially for Fierce Talent. Paid promotion for castings did amplify peaks and show in website data. High engagement in posts offering opportunities and l or video posts, and those featuring local people. A review of this success in delivering to digital audiences will inform future plans, including working with Digital Culture Network for support. RESOURCES Staffing.. Kate Hall continues to lead the company as Creative Producer, Sam Roddan, fiom Art Pop-up was commissioned lo support the business plan review, and continues to provide peer support. A student placement was completed in February 2020 and then appointed on a part-lime 4-month PAYE contract to provide marketing support for Fierce Talent and Rent Party. An assistant producer was appointed on a part- lime free18nce contract in January 2020 to deliver the Fierce Talent project and support Rent Party. The impact of a stable, focused team, in place across projects, is evident in the outcomes and progress of work. Resourcing this model going fOard will be a priority for company suslainabilily. The office space al The Key is not currently accessible due lo social distsncing in the building so the team have worked mainly remotely. Alternative provision rnay be required. Investment has been made in Vvindows 385 file and email hosts'ng lo support remote working.
JUMPED UP THEATRE Trustees. Annual Report {eontinuedl for the year ended 31 May 2022 Activities and achievements l¢ontinuedl GOING CONCERN AND COVID-19 In June 2020 Jumpèd Up was successful in an application lo the second round of Arts Council England's Emergency Funding support. A grant of £14,619 was used lo revise the business plan, build partnerships across the city, engage in strategic activity and resource the Peterborough Culture Forum. Strategic relationships developed al this lime included Pelerborough's CVS COVID Response NebNork. local ThTiving Communities, health and wellbeing networks, Citizens UK and the City Leadership Forum. In addition. the Creative Producer allended training, support and conference events led by a range of national nethorks, including the Co-crealing Change Network, Digital Culture Nebork, Clore Foundation and What Next? The Creative Producer was an active member of Pelerborough's Strategic Partnership Group which drove fotward the restart of the commissioning of PETERBOROUGH'S CULTURE strategy. The partnership building and strategic aclivily fed into the PETERBOROUGH CULTURE forum, which slarted as an online fortnighlly activity in April 2020. Sessions covering topics such as inclusion and diver51ty, well-being, the Towns Fund, cornmunily needs and networks, COVID safety, digital platforms, marketing, and young creativity. In addition. the Culture Forum provides artists, arts organisations and community groups the opportunity to neOrk and get support, and lo feed into the culture strategy, The forum has continued to be supported bv the Slraleqic PartnershiD Group commissions. Partnerships, strategic activity and supporting the local cultural sector will continue to be a priority for Jumped Up posl-COVID. INCLUSION Jumped Up strives lo be an inclusive and enabling organisalion and recognises that il must lake positive action lo challenge structural inequalities. This includes reviewing policies and process lo ensure that they are proactive in providing opportunities and sale spaces for artists and audience, including prioritising those who may be marginalised or discriminated against due lo their gender, sexual orienlalion, cultural or religious background, socio-economic $18tus, disability, or any other protected characleri5ti¢. ACCESS Jumped Up is commilled to increasing awess lo the arts for those who are disabled or Dldeaf, by taking a leadership role in modelling good praclise across activity, and challenging ourselves lo do more, and better. though project planning and evaluation. Principle action taken across progr8mmes this year ha5 been to provide transcripts with audio content and captioning or alt lexl on visual conlenl. As activity returns lo face-lo- face addressing physical barriers will be a priority. ENVIRONMENTAL IMPACT Effort is made across project planning to reduce environmental impact, including purchasing, disposal, sharing of resources and travel. and is built into contracts for staff and commissions. The company has a role to play, as 8 local cultural leader in modelling good praclise loca15y and, though our participation and co- creation programmes, in building leadership capacity and skills activism and empowerment, which can be used to strengthen environmental aGlion. FINANCIAL REVIEW The review of activities throughout the period explains much about the income and expenditure but the full details of the financial activities and the financial position al the year end are detailed in the financial statements on pages 9 and 10 in addition to the notes following thereafter.
JUMPED UP THEATRE Trustees, Annual Report (continuedl for the year ended 31 May 2022 FUTURE DEVELOPMENTS Over the period of closure the Pelerborough Culture Forum has looked to the future and did some looking after ourselves. In planning for the future we have assessed our sector priorities for the next 6 to 18 months. Priorities will lo be consolidate and build on work delivered over lockdown and to re-eslablish long term planning cycle.. Northern Soul Identify wider placement of material and ongoing delivery of Body & Soul classes. Movlng Roots Sounding Board - continued development of group and co-creation of a new project with strong digital engagement. Rent Party- explore legacy outcomes. ext. show- adjust resources to support next project, Epic Fail by Kid Carpet, and plan for legacy aclivlty and match fundraising commitments for 2021-2023. Collaborative Touring Network Maximise impact of commissioned show, Meet The Ancestors, and organisalional development opportLJnilies. Plan for match fundraising commitments 2021-2023. Peterborough Culture Forum Development partnership delivery model to ensure sustainable growih of reach and delivery. Organisational development Explo additional health and well-being participation projects, probably Shimak dance Classes. Identity a new heritage project. Respond lo new ACE strategy, including place-based opportunities. project grants and National Portfolio Organisalion proces$. Development and strengthen governance structure and processes. RESERVES POLICY Reslricled funds must be spent on the project8 diclaled by the donor and therefore the details in note 9 provides full details of how these funds can be spent In future periods. In summary, the restricted funds total £71,38012021 £35,016). This is primarily as a result of proiects being stalled by the pandemic. It is al the board's discretion how the unrestricted funds should be allocated. This could include increasing the reserves held against operating costs or making unrestricted designated funds towards specific projects or Research and development on new projects falling in future years. INDEPENDENT EXAMINER A resolution lo re-appoint Mr K J Maggs of Moore Thompson as independent examiner for the ensuing year will be proposed al the annual general meeting.
JUMPED UP THEATRE Trustees, Annual Report (continued) for the year ended 31 May 2022 TRUSTEES. RESPONSIBILITIES The Iruslees (who are also the directors of Jumped Up Theatre for the purposes of company lawl are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law quireS the trustees lo prepare fi'nancial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expènditure, of the charitable Gompany for that period. In preparing these financial slalements. the trustees are required lo.. select suitable aecounting policies and then apply them ¢onsislenlly', observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent., slate whether applicable UK Accounting Standards have been followed, subject lo any material departures disclosed and explained in the financial slalements.. prepare the financial statements on the going concern basis unless il is inappropriate to pSurne that the charitable company will continue in operation. The Iruslees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any lime the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. The Iruslees are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. SMALL COMPANY PROVISIONS This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. Signed by order of the Trustees Jennlfer Huygen - Chair Approved by the Trustees on
Independent Examiner's Report to the trustees of the JUMPED UP THEATRE I report lo the charity trustees on my examination of the accounts of the charity for the year ended 31 May 2022, which are sel out on pages 9 10 18. Responslbllitles and basls of report As the eharily trustees of the company18nd also ils directors for the purposes of company law} you are responsible for the PTeparalion of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Acl'l. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Act 20111.the 2011 Act'l. In carrying out my examination I have followed Ihe Directions given by the Charity Commission under section 14515)Ibl of the 2011 Act. Independent examiner's statement I have completed my examination. I confirm that no mallers have come to my attention in connection with the examination giving me cause tr) believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act,. or the accounts do not accord with those records". or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view. which is not a maller considered as part of an independent examination., or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable lo charities preparing their a¢¢ounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concems and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. K.J. M gs B.A., F.C.A. Moore Thompson Chartered Accounlanls Spalding Dal8'.
JUMPED UP THEATRE Statement of Financial Activitles (including Income and Expenditure account) for the year ended 31 May 2022 2022 Unrestricted Rostri¢ted Funds Funds 2021 Total Funds Total Funds Note Income from.. Donations and grants Charitable a¢livities 7,783 20,256 28,039 41,634 49,417 43,811 29,797 71,431 50,053 31,850 Total income 99.470 75,661 Expenditure on: Charitable activities 56,238 56,238 35,067 35,067 91,305 40.057 Total expenditure 91,305 40.057 Netloxpenditurel l income Transfers between fund5 128,1991 36,364 8,165 35.604 Net movement in funds 128.1991 36.364 8,165 35,604 Reconclllatlon of funds: Total funds brought forward Total funds carried forward 24.066 14.1331 35,016 59,082 23,478 71,380 67,247 59,082 All of the activities of the charity are classed as conts'nuing activities. The statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 11 10 18 form part of these financial statements.
JUMPED UP THEATRE Balance Sheet At 31 May 2022 2022 2021 Note Fixed a88ets Tangible assets 782 368 Currant assets Debtors Cash at bank and in hand 9,236 58.746 67,982 28,245 53,076 81.321 Credltors: Amounts falling due within one year 11.517) 122,6071 Net current ass¢t$ 66,465 67,247 58,714 59,082 Total a5$ets less current liabilities Funds Unreslri¢ted Restricted 14,1331 71,380 67,247 24,066 35.016 59,082 10 The accounts have been prepared in accordance with the provisions applicable lo companies SLJbjecl to the small Companies regime for the year ended 31 May 2022, the charitable company was entitled to exemption from audit under Section 477 of the Companies Acr 2006 Ilhe Acll relating lo small companies. Trustees responsibilites.. {il The Members have not required the charity lo obtain an audit of its accounts for the year in question in accoTdanee with Section 476 lill the directors acknowledge their responsibilities for complying with the requirements of the Act with respect lo accounting records and the preparation of accounts. ancial slalements were approved and aulhorised by the Trustees on the Jts...... and are signed on their behalf by.. These Jennrfer Huygen- Chair Fi TrJeJ Company Number. 4228305 The notes on pages 11 to 18 form part of these financial slatemenls. 10
JUMPED UP THEATRE Notes to the Flnancial Statements for the yèar ended 31 May 2022 1. Accounting pollcles General SnfoTmatlon and basis of accounting Jumped Up Theatre is a company limited by guarantee registered in England and Wales. In the event of the charitable company being wound up. the liability in respect of the guarantee is limited lo £1 per member of the charity. The trustees form the membership. The address of the registered office of the charity is given in the charity information on page 1 of these financial stalemenls. The nature of the charity's operations and principal activities are detailed in the Iruslees report on pages 2 10 7. The charity conslilutes a public benefit entity as defined by FRS 102. The financi21 statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of ITeland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, the Charities Act 2011 and UK Generally Accepted Accounting Practice. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items al fair value. The financial slalements are presented in sterling which is the functional currency of the charity and rounded lo the nearest £. The significant accounting policies applied in the preparation are set out below. These policies have been consislenlly applied to all years presented unless OtheISe staled. Funds Unreslricled funds are available for use at the discretion of the Iruslees in furtherance of the general objectives of the charity and which have not been designated lor other purposes. Designated funds comprise unrestricted funds that have been sel aside by the trustees for particular purposes. The aim and use of each designated fund is sel out in the notes to the financial slalemenls. Restricted funds are funds which are to be used in accordance with spe¢ific restrictions imposed by donors or which have been raised by the Gharily for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is sel out in the notes to the financ181 stalemenls. Incomo rg¢ognition All irbcoming resources are included in the Statement of Financial Activities when the charity is legally entitled lo the income after any performance conditions have been mel, the amount can be measured reliably and il is probable that the income will be received. For donations to be recognised the ¢harily will have been notified of the amounts and the selllement dale in writing. If there are conditions attached lo the donation and this requires a level of performance before enlillement can be obtained then income is deferred until those conditions are fully mel or the fu1filmenl ol those ¢ondittons is within the control of the charity and it is probable that they will be fulfilled. Donated facilities and donated professional services are recognised in income al their fail value whe their economic benefit is probable. it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of Ihe value of the gift lo the charity. No amount is included in the financial statements for volunteer time in line with the SORP IFRS 1021. Income from govemmenl and other grants are recognised al fair value when the charity ha8 enlillement after any performance conditions have been mel, it is probable that the income will be received and the amount can be measured reliably. If enlillement Is not mel then these amounts are deferred.
JUMPED UP THEATRE Notes to the Financial Statements (continued) for the year ended 31 May 2022 l. Accounting pollGle$ Icontlnuedl Income recognition leontlnuedl Incorne from trading activities includes income earned from fundraising events and trading activities lo raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred. Interest on funds held on deposit is included when receivable and the amount can be measured reliab by the company.. this is normally upon notification of the interest paid or payable by the bank. Expenditure recognltlon All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all Costs related to the category. Expenditure Is recognised where there is a legal or Constructive obligation to make payments lo third parties, il is probable that the selllemenl will be required and Ihe amount of the obligation can be measured reliably. Irrecoverable VAT is ¢harged as an expense against the acts'vily for which expenditure afose. Charitable activity expenditure is detailed in note 5 to the financial stalemenls. These expenses are subcalegorised between charitable aclivilies, support costs and governance costs. Support costs are those that assist the woik of the charity bul do not directly represent ¢harilable activities and include office costs, computer costs, and bank charges. They are incuried directly in support of expenditure on the objects of the charity. Govemance costs are costs of charitable activities but those which relate lo the governance and stewardship of the charity rather than directly lo the activities themselves. Support costs and Governance eosts are allocated lo applicable restricted funds based on the level of income that each project earns for the charity. Employeg beneflts When employees have rendered service lo the charity, short-lerm employee benefits lo which the employees are entitled are recognised at the undiscounled amount expected lo be paid in exchange for that service. The charity operates a defined contribution plan for the benefit of ils employees. Conl¥ibutions are expensed as they become payable. Fixed assets Tangible fixed assets are slated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable lo making the asset capable of operating as intended. The charity has a policy lo only capilalise items which exceed a cost of over £150. Depreciation Depreeiatson is provided on all tangible fixed assets, at rates calculated lo write off the cost, less eslimaled residual value, of each asset on a systematic basis over its expected useful life as follows.. Computer equipment 20°k per annum straight line Debtors and eredltors recelvablelpayable withln one year Debtors and creditors with no slated interest rale and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. Taxatlon The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 20118nd is considered to pass the tests sel out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore il meets the definition of a charitable company for UK corporation tax purposes. 12-
JUMPED UP THEATRE Notès to the Flnancial Statements (continued) for the year ended 31 May 2022 1. Accounting policiès Icontlnuedl Golng concern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncerlainlies exist. The trustees have considered thè level of funds held and the expected level of income and expenditure lor 12 months from aulhorising these financial slalements. The budgeted income and expenditure is suffici6nl with the level of reserves for the charity lo be able lo continue as a going concern. Judgements and key sources of estimatlon uncertalnty The preparation of the fi'nancial statements requires management to make judgements, eslimales and assumptions that affect the amounts reported. These eslimales and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed lo be reasonable under the circumstances. Revisions lo accoLtnling eslimales are recognised in the period in which Ihe estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods. Operatlng lease agreements Rentals applicable lo operating leases where substantially all of the benefi15 and risk of ownership remain with the lessor are charged against profits on a slraighl line basis over the period of the lease. 2. Income from doDation$ and grants Total Fund8 2022 Unreslricled and Total 2021 Unrestrlcted Restricted Funds Funds Donatlons 539 413 952 Employers Allowance Central govemment grants 1,460 1,460 1,460 1,460 Grants received from partners Peterborough City Council BAC programme CTN3 5,000 6,705 16,025 27,730 s,000 6,705 16,025 27,730 5,500 5,875 11,375 Local government grants Grants received from partners Arts Council Emergency Fund National Lottery Heritage Fund Kickslarl Apprentice grant & income Institudonal grants 3,540 3,540 13,491 1,327 14,619 14,160 13,491 2,244 5,784 2,244 19,275 13,491 30,106 Total grants Total donalions and grants 7.244 7,783 41,221 48,465 41,481 43,811 41,634 49,417 13
JUMPED UP THEATRE Notes to the Finanelal Statements (continued) for the year ended 31 May 2022 3. Charltable actlvitles income Total Funds 2022 Unrestricted and Total 2021 Unrgstrlcted Restricted Funds Funds Box office sales from productions Proiecl income and commissions Other income 1,367 28,430 1,367 38,336 10,350 50,053 9,906 10,350 20,256 31.850 29,797 31,850 4. Charitable activities expenditure Unre8trlcted Restrlcted Funds Funds Total 2022 Tolal Funds 2021 Charltablg activities Project evaluation Project costs Pioducer fees Venue hire Training costs Travel and accommodation 32 29,466 1,239 2,122 40 1.112 34,011 32 49,984 10,206 2,122 139 1,339 63,822 20,518 8,967 8.743 340 99 227 29,811 141 9,224 Support costs Management fees Salaries Social security costs Pension Bookkeeping & Payroll Website and hosting General marketing and promotion Insurance IT SOfare and consumables Miscellaneous expen5e$ Depreciation 23.935 1,684 Notg 5 Note 5 Note 5 19,119 1,460 352 19,119 1,460 352 885 1,875 158 390 326 128 190 403 590 471 275 716 228 403 1,463 471 275 899 228 873 183 23,614 1,056 24,670 29,892 Governance costs Independent examinab'on fee Trustee training Companies House fees 2,495 305 13 2,495 305 13 936 2,813 $6,238 2,813 91,305 941 Total overhead expenses Costs allocated to specific projects Charitable activities expenditure 35,067 40,057 56,238 35,067 91,305 40,057 14-
JUMPED UP THEATRE Notes to the Financial Statemenls {continued) for the year ended 31 May 2022 5. Staff costs and gmployee benefits The aggregate payroll costs were.. 2022 2021 Wages and salaries Social security Gosts Other pension costs 19,119 1,460 352 1,684 20,931 No employee received lotsl employee benelits (excluding employer pension coslsl of more than £60.000 in either the current or prior year. The monthly average number of staff during the year was 112021 01. No amounts 8re payable lo the trustees in respect of remuneration. benefits in kind or 1MbUr$ement of expenses. 6. Tanglble fixed assets Office equipment Total Cost At 1 June2021 Additions 497 642 497 642 Al 31 May 2022 Depreclatlon Al 1 June 2021 Charge for the year At 31 May 2022 Net book value At 31 May 2022 1,139 1,139 129 228 129 228 357 357 782 782 At 30 May 2021 368 368 7. Debtors 2022 2021 Trade debtors Prepayments 8,625 611 27,830 415 9,236 28,245 8. Credltor8: Amount8 falling due wlthln one year 2022 2021 Trade creditors Taxation and social security Pension Accruals and deferred income 116 362 103 936 2.241 20,366 1,517 22,607 15-
JUMPED UP THEATRE Notes to the Flnancial Statements Icontlnued) for the year ended 31 May 2022 9. Statèment of funds Movement In resources Balance at 31 May 2021 Balance at Transfers 31 May 2022 Incoming Outgoing Unrestrfcted funds General fund 14,038 10,028 24,066 28,039 156,2381 114,1611 10.028 14,1331 Designated funds Totsl unrestricted funds 28,039 156,2381 Restrlcted funds Northern Soul I Soul and Body Moving Roots CTN3 programme Tribute to Bollywood Sounding Board Project5 Total restricted funds 14,402 16,644 3,970 657 11.357} 121.516) 11.1471 13,1201 17,9271 35,067 13,702 48,978 14,948 1,007 17,2551 71,380 53,850 12,125 4,127 672 35.016 71,431 Total funds 59,082 99,470 191,3051 67,247 Analysis of ngt assets Tanglble fixed assets Cash and bank Other net assets Total Unrestrlcted funds General fund Designated funds Tol81 unreslricled funds Restri¢ted funds Northern Soul I Soul and Body Moving Roots CTN3 programme Tribute lo Bollywood Sounding Board Projects Total restricted funds (8,625) 114.1611 10,028 112,7581 782 122,6821 10.028 19061 782 112.6341 19061 13,702 48,978 14,948 1,007 17,2551 71,380 58,746 13.702 48,978 14,948 1,007 17,2551 71,380 8.625 8,625 Total funds 782 7,719 58,622 16-
JUMPED UP THEATRE Notes to the Financlal Statements (continued} for the year ended 31 May 2022 9. Statement of funds {continuedl Deslgnated funds relate lo unrestricted funds which the trustees have allocated lor specific projects which are ongoing al the year end. Al the year end, the designated fund related to the Moving Roots project being undertaken by the charity. ACE Emergency Funding were allocated to sustain the company during the impa¢t of COVID. The grant was awarded lo pay for lime for team to revise the business plan and lo continue function including support from specialist advisors, including a business coach, a fundraising consullant, and accountant and a book keeper. In addition the grant supported lo delivery of the Pelerborough Culture Forum, including speakers fees 2nd facilitation time. Northem Soul I Soul and Body fund covers the interlinking Northern Soul of Peterborough project and the Body & Soul sessions which have been funded by the Hefilage Fund and Community Fund. 11 the Coronavirus Pandemic had not effected the year, events and sessions would have been expected lo consume the funds provided and any deficit would be covered from General Funds. We Love Peterborough project - wa5 a commission from Pelerborough Present5 Creative People & Places project and any surplus in funds when completed will need to be refunded unless the funders agree that the excess may be used for similar future projects. CTN3 programme relates lo the Collaborative Touring Network which aims to commission innovative and game-changing touring projects. Any deficit in the funds will be covered by unreslricled funds and any surplus will need to be refunded, although this is not expected lo be the case. Moving roots is a creative touring network led by Batlersea Arts Cenlre. Funding has been made available for this project bul we have pul aside funds as designated from our unreslricled reserves. The transfer relates lo overheads costs allocated from previous years when the exercise had not been conducted. 10. Control rglationship The charity is controlled by the trustees jointly and no individual can or does exert control over the others. 11. Fund comparativeg 2021 Unrpstricted Restricted Funds Funds Total Fund$ Income from: Donations and grants Charitable activities 1,702 236 42,109 43,811 31,850 75,661 31,614 73,723 Total Income 1,938 Expendlture on: Charitable activib'es 40,057 40,057 40,057 Total expendituro 40,057 Net ¢xpendlture 1,938 33,666 35,604 17
JUMPED UP THEATRE Notes to the Financial Statements (continued) for the year ended 31 May 2022 11. Fund comparatlves Icontlnuedl Movement In resour¢e$ Balance at 1 June 2020 Incoming Balance at Transfers 31 May 2021 Outgolng General funds General funds Designated funds Total unrestricted funds 5,902 10,028 15.930 1,938 6.198 14,038 10,028 24,066 1,938 6,198 Restricted funds ACE Emergency Funding Northern Soul I Soul and Body Moving Roots CTN3 programme Tribute to Bollywood Total restricted funds 14.619 16.649 36,580 5,875 {14,6311 (7,9861 113,7261 {1,9051 {1,8091 140,0571 12 5.739 14,402 16,644 3,970 16,2101 1,809 7,548 73,723 16,1981 35,016 Total funds 23,478 75,661 140,0571 59,082 Analysls of net assets Tangible fixed assets Cash and bank Other net assets Total General funds General fund Designated fund 368 8,032 10,028 5,638 14,038 10,028 Total unrestricted funds 18,060 5,638 24.066 Restricted fund8 Northern Soul I Soul and Body Moving Roots CTN3 programme Total restricted funds 14,402 16,644 14.402 16,644 3,970 3,970 35,016 35,016 Total funds 368 53.076 5,638 59,082 18-