Company Registration Number 04228305 Charity Number 1088593 JUMPED UP THEATRE (A Company Limlted by GuarantO8) Unauditsd Financial Ststsments ft•r the perlod from 1 June 2022 to 31 March 2023 JUMPED UP THEATRE
JUMPED UP THEATRE Index for the porlod from 1 Juno 2022 10 31 March 2023 Legal and Administrattve Irrfonnation Trustee8' Annu81 Rgport Independenl Examlnerfs Report Slal8ment of Flnanci81 Activlli¢s Balance Sheet 10 Notgs to the Financlal Statement8 11-19
JUMPED UP THEATRE Legal and Administrative Inforniatlon for the period from 1 June 2022 to 31 March 2023 Trustees Jennifer Huygen Rev Helena Mary Del Pino Mark John Smedley Claire Diane Ward Sailesh Panchal Chair Resigned 9 February 2023 Appointed 10 May 2023 James Duncan Brindle Secratary Katharine Louise Hall Company Reglstratlon Number 4228305 Ch•rlty R•gl8tTatlon Numbor 1088593 R8918ter•d offle• 29 All Saints Road Peterborough PE12QT Independont •xaminer Kennoth James Maggs Hoekman way Spaldlng PE113HE Banker8 National Weslmlnster Bank PIC Watsrslde Court Westem Avenue Chatham Maritime Kent ME4 4RT
JUMPED UP THEATRE Trustees. Annual Report for the porlod from 1 June 2022 to 31 March 2023 The Iru51ees. who are also dlrectors for the purposes of the Companies Act, hav6 pleasur8 in pr8senting their report and the financlal statements of tho charitable company for the p6rfiKI from 1 Jun8 202210 31 March 2023. The Irustees have adopted the provislons of the Statement of Recommendod Practice {S0RPI-AUnting and R8PQrting by CharleS- in preparing the annual report and financial stat8ments of th8 charity. STRUCTURE. GOVERNANCE AND MANAGEMENT Constitutlon Jumped Up Theatro is 8 company Ilmlled by guarantse no Jhare capltal, was Incorporated on 4 June 20018nd w8s registered in England and Wales 88 a ¢harity on 28 S•plemb•r 2001 (charity number 1088593, company number 42283051. Trusto•$ Th8 Iruslaos, who are also dlrector8 durfng the pthlod from l June 2022 to 31 M8rch 2023. were: Rev Helena Mary D81 Plno Mark John Smedley Jgnnlfer Huyg8n Clair8 Diang Ward Sai198h P8nchal Rgsignfd 9 February 2023 SinG• the pgrlod ond, the follo%ng ¢hange8 have occurred thIn the Iru81ge8.' Jam•$ Duncan Bndle Appolnted 10 May 2023 Appolntmont and Inductlon ol Iru•t•o8 New trustees aro appolnted through an opgn recrultmenl procèss ond appointed by oXi8llng Irusle88. Polentlal candldal8s submlt a CV and oxpresslon of Intere81. CAndidalès fulfilling the crited8 are pre88nled to at le881 one exlsling trustee and the Crgatlve Producer. Th8 roles and r05ponsibiliUes of a Trustee are frxplalned 8nd infomiallon about tho ch8ritsbl8 eompanywtll be shared, Includlng the OppOrnIty lo obsorve a Board meeting rf appropriat8. The trusloes will agree together on 8ny appointments lo madè. At the following 8oard M8obng. the Trusteg %11 be cfyoptad atter declarlng that there rs no r88son why ih8y should not bg a Twstee or are eliglble under the Charilles Act 2011. Successful 4ppolnlments will bè oiv•n inductltlll tralning wlth th• or9AnI¢aon %thi¢h 11 inGlude Goni4ct tlm• wth all the Staff, briofing on the StrUcra and operation41 actNilles of the compony 8nd a¢5 to all key Strategic documents Includlng fundlng bid8 and ¢urrsnl bu$ine88 plan. Organl8atlonal 8tru¢tur• and d¢¢lslon maklng The board of trusteès meet rggulartyto admlnister the charty and delermlne It8 $tr#1oglc and general licles. The day to day management of th& charitys operations 59 the responsibility of the Creative Producer and Charitable company secrètary. l of the d1clor8 are members of the company and guarantee to contribute £1 in tho event of a wtnding up. A creative team of freelancers are recruited for indivldual proj8¢ts, wth contracts based on the relevant Industrtes COndonS of employment. alongside a te3m of three part-time staff equtvalent lo 22 full timo staff.
JUMPED UP THEATRE Trustees. Annual Report (contlnued) for the perlod from 1 June 2022 to 31 March 2023 Rl$k managemont The Board of Trusl88s hAS conducted its own review of the major risks to whi¢h the charftabte company is 8xpose(l and systems have been eslablishod lo mitigate those rlsks. The company is d8p8ndenl on project fundlng lo support ils planned aciivities bul has controls In place lo manage th8 risks a$50cialed wilh a ¥horrfall In funding. Flnancial $yslem$ are reviewed annually and the Board Is kept informed of tho flnanclal position of the company through quarterly managgment reports. Intèrnal risks are minlmisod by the implementation of proc8dures for aulhorisation of all transaclions and projects and to ensur8 quality of delivery for all operational 8specl$ of the charitablo company. These prowlures ar8 pgriodically ravlewed to ensure Ihat they still meet the noeds of th9 ¢harlty. OBJECTIVES AND ACTIVITIES Charitsble obj8¢ts Tha objects of the chanty are to advance education for the public benefit by the promotion of the 8rt$, in Particular but not exclu5NgEy, the art of drama. Our viglon To cre8te a fair and thriving s10ty shapgd by art8 and culture. Our ml••lon To m8ke a positiv8 ¢hange for ¢ommunlllo8 through acco9¥ to the •rt8. Our go41• Our goal$ aro to.. Make Pelerborou9h's Gultural programme more succe$sfvl 8nd relevant: Incrn889 parttcipali¢)n in the arts lor 811. 3. Support ardsts lo Create ngw audlen¢&$ for 8rt8. In pl8nnlng th8 ch8riVs activiU8s. the Trustse& h8v8 given due considgralion lo guidanc8 published by the Charity Commission rdaling to public benefit as well as the charitys own vislon, misslon and goals. REVIEW OF DEVELOPMENT. ACTMTIES AJ4D ACHIEVEMENTS Activltl•s and achi8v•ments PROGRAMME Summary: Partnershlp eontinu88 to b8 a coro foare of our delwery model. wlth increaslng inclusion belng a focus for project design and dellvery. Dance continues to grow as an Jumped Up activily and evaluallon demonstrates similar values of inclusion, and also addresses a local need for health. well-being and re¥ilienca. The challenge of planning the legaoy for projects and p8rticipanl$ wll be addressed as the Otganlsation moves from projecl-b8s8d to a strategic 3-year fundlng programmg. as opportunities for ilgratlve dovelopmenl can be d8livered quicker and more offectivgly, th addldon81 malch-fundlng belng & priorlty. Collaborat1 Tourlng N•lwgrk Bunker of Zion by John Pfvmojena toured Into The Key Thealro in Jun8 2022, and Included creative contributions by lo1 8rt181. Lee Ashton {Beal This CICI and community cast participation from High Heritage, Pelerborough College. our Soltnding Board and Thomas D8a¢on Academy rrDA)- The production drew in audionces of 220 to 3 Performan$. travelllng from as far afield as Bodford and Covèntry because of the non-westem nature of the pi8ce. Autlience feedback from a TDA student. NoMllY to me il's justKs kind of •n7barr8ssing gng up on stage. bui when Ihgy did it, fhey lookedliko SUJcerhero8s or som8lhing. It W8s really impresswe and I reallylikèd it 8nd kind ofinsplr6dme a little bil to acluallythlnk aboth th8atre andperf0mnG8.'
JUMPED UP THEATRE Trustees, Annual Report {contlnued) for the pèrfod from 1 Jun• 2022 to 31 March 2023 Activlttes and achigvements {¢ontlnu•d} Collaborative Touring NetWOTk {continued} The next CTN commission will be Bumt Out In Biscuiuand by Tour8tteshero. which wll include 8 commlssio of local dance artist. Jenna Uwn, funded by Unlimlled, at The Key in June 2023. Considerable work is bolng done wth Landmark Trusts to improve inclusive provision by staff and venues. Movlng Roots N•twork The Ihlrd and fln81 ¢ommi881on In this commissionlng partnershlp wa$ How Shall We B8gln Again by Jo Fong. A 12-monlh progrmme of la$lgr sessions and en9agemenl aelmly building lo a 6-week rghearsal poriod with 35 parttcipanls. a combination of sludenl. cc>mmunlty and professional dancors, and communlty lead8rs inlerosted in resillence, cCreatIon and inclusivity. The final day, a len-hour performance 8t The Key Thgatre on 18 March 2023, r8sulled In attendance of 200 audience ov9r tho day. A short documeniary film by Emity Sleèlo, documenting th& impact of the proJ8Ct. is in production. Th8 Impact on the paTUcip8nts. audi8nGe and venue was slgnificant. -It W8s likg olllhe barriers that hav9 baen put up around the wortd w& Ilva in ha been 18mporanly droppad and frnedom gxistgd for a mom&nt in different W8y wlth each por¥on who Itk up Ihe stage., Thls wol•ct was match fund•d by an Art8 Coun¢ll England Projoct Grant. Dan¢• Partlclpatlon Dglfvery of 8ollywood se$8ion8 in Autumn 2022 wera Inn$StOn1 due lo travel disruption. bLrt gained slablllty In Sprlng 2023. wlth conslst8nl attendanco of 20+ Pan9 pat1pants per s&sslon, th a combinatlon of ages and cultures r8fl8¢ting Pototborough's populatlon. The ambition is to devèlop this programma to more classes for women and children in responsè to dem8nd and to Increase financial viability. th58 18 rellant on o long lerm commitment r8quired from venu8 and Shiamak. 8oundlng BoaTd FollovAng 39 workshops (dan, cr•ativg wrlttng. dlgltal 8nd street art) with 119 young poople, curatsd by tho Sountylnp Boird, the Right Haro Rlght Now ZSne cr•aled with Amanda Rigby IP8por Rhlnol resulllng In 923 onllng views. New partnerships were develop wlth Hlgh Heritsga, RiGhard Borngs Académy, 8nd Korp larlisll and ongolng work wtth oxisb'ng partners of Gladstone Academy, Chloe's Dance Academy and Chadey Genevèr. Right Hore Rlght Now wa8 fttnd8d by the Moving Rools netsvork. and projèct grnnts from Arts Council EnglJrLfJ and Ca[nbd9e Communlty FOuna3on. Feedback from one Sounding Board summadses our ambilon for th1$ proorammo.. "ffs a Ghgnce to work Ih 8 168m who donljust $mi70 8nd nod-yots are rnmembored. known and treated Ilke 8 professional.. Dlsrupt The Guildh¥ll ¢omml$$loned the Creative Produur to writ• two ¢haplers for a toolkit about wreation 8nd disfupling power $tructure$. The foe wa8 used lo cover addltlonal $18ff tlme to write the NPO bid. P•tèrborough Cutture Forum Capaclty and resources to continue this forum have bgen limited but Pelerborough Cultural Alliance have funded some netrrking sessions and three Open Space sessions in January 2023, to test the premise of their plaCbaSed bid. Pgterborough Cultural Alllanco The Creallv9 Producer conllnues to cTrchair this city le8dershlp group. A successful bid was made lo the Combined AuthoritleslLevelling Up Shared Prosperity Fund.
JUMPED UP THEATRE Tru8tees' Annual Report (continued) for the porlod from 1 June 2022 to 31 March 2023 AetivStlos and a¢hl•voments Icontinugd) ORGANISATIONAL OEVELOPMENr Gov•rnan¢o Jennrfer Huy98n continues as Ch8lr and M8rk Smedley as Vic&Chalr. Sailesh Panchel stood doym as a trustee in February 2023. James Brindlo, Executive Director at Magna Vitaa TNst for Loisure and Culture, will ba joining the board of trustees In Aprll 2023. Thè Irust•os held quart•rfy me8llngs In June, Septembgr, November and March, an¢J away-day in January. R8vl8ed Artl¢les ol Memorandum and Associatlon, that allowèd for onllne Iwstse mealings and conseculivo trustee t¢rms, were adopted and submittod to the Charity Commission and C¢)mpanios Houso. PrTrbcno support has been brought in lo develop the compan18 financi81 procedures and an appli&?tion for Theatre Tax Ralief for How Sh811 We Begin Again? Staffing ind R•$our¢•$ A leam of 2 part tlma 8tsff ICr8attve Producer 0.8 and Assistant Producer 0.6) dellver the programme, with addittonèl fr88lan¢èr markèting support. and commissiongd freelanee Brtlsls. A Klckslart Apprfjnlice was18k8n on betsveen Mar¢h- Sept 22, support•d by Cr¢aUvo Arts, and pald è Llvlng Wage. A company offico eonllnu•s to ba provided by P*teOrough Clty Councll at Contral Library. Flnanelal Suitalnablllty Thg compan1$ first applicallon to becomg an Arts Councll England's National POrtftl9 Organi$atlon was SucsSfUl, wlth fundlng secured from April 2023- M8r¢h 2026. The propos81 1$ focused on dev6loplng the company from project based lo strategic delivery. diverSr.ng partnership r91atlonshi, and match fvndr8ising or èarned in¢ome of at least £214K over the thro8 years. Envlronm•ntal Sustalnabllty Prforilies havg boen lo ensure racycllng at evonls, ro8ponslblo purcha8lng of prlnl #nd consumables, and •ncouraglng wsillng artlsl$ use public transpo FUTURE DEVELOPMENTS Fundlng From APAI 2023, Jumped Up Theatre wlll beeome an Arts Council England's National Portfolio Organisation andls commltted to a specffi¢ programme of work which builds on tha companys past successes and notrrk of r81atlonsh1. To delr¥ertho programme. addltional matcPfUnd]ng is requirod. Progr•mm• April 2023- March 2026 The main elements of tho programme wlll be.. P8rticlpalion programme- focused on dènce, d8v•loping new partlclpants and groups, and a support noork for dan¢e artl$ls and community leadors inleresled in dance. Feslval programme- focus8d on provldlng Immarsfve and Inl8Tadva perfomi8nco exp8rfence$ for children. families ond young adulis. Research and Developm8nt on a haritage and a social action projècts for future delfvery. The Peterborough Culture Forum. on behalf of Peterborough Cultural Aliance. New catIves- creative campaigns delivered through workshop acllvity and publlc events, co-crgated a young lead8rship group, whom wll have d8v8lopment opportunities and act as a sounding board revrewing the company's wdgr programm8. Developing Jumped Up's govemanc8 structure in¢ludlng tsyo Agents For Change acting as Crflical Friends, in particul•r addresslng how Jumped Up 8eNes the noeds of dlsabled 8rti$ts and audlencos. and arusts and audl8nces from Polerborough's diver8e communitie5.
JUMPED UP THEATRE Trustoe$' Annual Report {contInu1 for the period from 1 Juno 2022 to 31 March 2023 FINANCIAL REVIEW The reviw of aclivitses throughout the period expfains much about the income and expendIre bul the full details of the financial activtbes and th8 financial positson at the year end are dotailèd In th8 financial statements on pages g and 10 In addition to the notes followng thereafter. RESERVES POLICY Reslrictsd funds musl be spent on the projects dictated by the donor and therefore Ihe detalls in note 9 prowdes full detsi15 of how these funds can bo sponl in future perfods. In summary. the r8stri¢i8d fund8 lolal £15,18212022- £41,8951- This was primarily as a result of pmjecls boing stalled by the pand•mlc. The lem "Re8ervo$" is used lo describe that p8rt of a charitys income funds th81 is freely available for Its oporating purpos88 not subject lo commllmenls, planned 8xpendilur8 and spending limi18. Reserve8 do not Includ• endowmont fund6, restricted fund8 or do8lgn8led funds. The r8serv6s that wo have $81 aslde provld¢ fin8nclal stsbillty and the moans for the developmeni of our principal a¢VIty. We intend lo malntsin our reserves al a levei which is al least equlvalenl lo £23K. which allows for a minimum perfod of operation, plus grants funds that refle¢t projected exp8ndilur8 in that quarter and financial Commitments for the following quarter. Other unrestrlcted reserv88 Wtll bo used for Research and Oevelopm8nt acJwty th8t d8v8lop ongolng fundraising plans Tho lèval of Yree raseThes' at 31 Marth 2023 amounted lo £23.072. The Board regulady revigws lh8 amount of reserv88 every quartgr lo ensure that they 8re adequate lo fvlftl our conbnuing obligations. Thè board con81der this level of reserves to bg adpquat6 but not excessrve. INDEPENDENT EXAMINER A resolullon to rfrappolnt Mr K J Maggs A& Ind•pendent OX8min•r for th• ensuing rwl1 bo proposod th• annual general meellng. TRUSTEES. RESPONSIBILITIES Tha trusl88s {who are also the dire¢tor3 of Jumped Up Thealro for the purposgs of COrnny lawl ar• sponsibl• for prop8ring the Trustees Annual Report and the financial 8latoments In accordAnc• th 8pplicabl8 law and United Kingdom Aecounllng Standards (Unitod Kingdom Generally Acceplod Accounting Practice). Company18w requires th8 Irusleos to prepare Itnanci81 stalem8nts for each flnallcial year whtch gNè 8 true 8nd falr view of tho slalo of affairs of the charltable company and of the incoming resources and applicalion of resources, including the in¢ome 8nd exndItUrn. of th8 chwritabl• tompAnyf¢r th4t p•rtod. In preparin9 these flnancial statements, the trustees arg requirèd to.. 5glect suitable a¢countlng pollcies and Ihgn apply them consl8lenlly. obsorve Ihè melhods gnd principles in the CharflS8$ SORP; mak9 judgements and estimates that 8re roasonabla and prudent., $t810 whether appllcablg UK Accounting Standards h8vg been followod, #ubSe¢t to any maleri*l dèp8rtures disclosed and exp18ined Sn the financial statements- prep8ro the financial statements on tho golng concgin basis unless It 15 Inapproprfè19 to presumt that thg ch8ritsble company will continu8 In operation. The trustees are responsible for keeping proper accounlir¥J records that ¢Jisclose with reasonab18 accuracy at any tim8 Ihe financial position of the charltable MpanY an¢Y enable them lo ensure that the financlal statam&nts comply the Companies Act 2006. The trustees a also responslble for safeguarding the assets of the charttable company and hence for t8ng reasonable steps for the provention and detection of fraud and other irregularities.
JUMPED UP THEATRE Tru8tees' Annual Roport {continued) for the porlod from 1 June 2022 to 31 March 2023 SMALL COMPANY PROVISIONS This rèport has been propared in accxydanee with tha sp6¢1al prowsions for smdl companies under Part 15 of the Companies Act 2006. Signed by order of the Trusleeg J•nnlfeT uyg•n- Chalr Dalo.. ... io...Nouth
Indopendont Examinotrs Roport to the trustees ot th• JUMPED UP THEATRE I report to the charity trustees on my examinaUon of the accounts of the charityfor the pgriod from 1 June 2022 to 31 March 2023. 1¢h are set out on pages 9 10 19. Rgsponslbillrfes and basls of report As the charity trustses ol the company {and 8150 ts directors for the purposes of company law) you aro responsible for the preparation of the 4¢counts in a¢cordance wth the requirementg of tha Companie5 Act 2006 Ilhg 2006 Act,). Having sali8fi8d MtIf that th• ac¢¢xJnts of the company are not required to be audited under Part 18 of thè 2006 Act and are ellgible for Independènt examination, I report in re$pgct of my examinatlon of your compan18 aecounts as carrièd out undèr section 145 of the Chafitie5 Act 20111'the 2011 kl,). In c8rrylng out my examination I have lollowed the DirecUon¥ given by the Chartty Commlsslon under 88COn 14515)Ibl of the2011 Act. Ind•p•ndent frxamlnoS $tatsm•nt I havo compl8tsd my examlnatEon. I conflrm that no m8tt8rs have com910 my attention In connectlon wlth the examinatson giving me cau88 to belSev8 that in any m81erial respect.. accounllng r•cord8 wgre not kopl In respgcl of the charty as requlred by ¥edon 130 of th• Act. or 2. thg accourbts do not aceord wlth tho$6 records: Or 3. the accounts do not comply the accoUnn9 requlremenls 01 $9Ctlon 396 of the 2006 Act other than any requlremènl that th• accounts glve ¥ and f¥ir vie%V whlch Is not 8 m8tter ¢onsid8red as part of on Indopend•nl èxamination; or 4. the accounts have not been prepared in AccordanGe with the methods and prindple8 of the Statement of RewMMend Praclice for accounting and reporbng by charities applicable lo charities preparing their aecounls in accordance wlh tho Finan01 Reporting Standard applicabl8 in th8 UK and Republlc of Irèland (FFiS 1021. I havo no concorns and have come a¢ros5 no other m8ttgr$ in conn8don wSlh the ¢xamlnatlon to whtch attention should bo drawn In Ihls report in order lo •nable a propor und8r61andlng of th• accounts lo b• ro8ch¢d. K.J. M Chartgre Sp81ding gs untant Dale..
JUMPED UP THEATRE Statement of Financlal Activities (includlng Income and Expenditure account) for tho perlod from 1 June 2022 to 31 March 2023 Year ended 3110512022 Total Fund5 10 months ended 31 Mareh 2023 Unrestrfctsd Restricted Total Fund$ Funds Funds Note Incomo from: Donations and grants Charitable activities 8,950 25,479 34,429 56.236 65.186 25.479 90,665 49,417 50,053 99,470 Total Income 56,236 Exp•ndlture on: Charitable a¢Uvltles 20,709 20,709 82,949 82,949 103,658 103,658 91,305 91,305 Total expand1r0 Nel Incomo 1 (frxpendlture) Tran8fer8 betweon funds 13.720 126,713) (12,993) 8,165 Ngt mov•m•nt In fvndg 13,720 126,713) (12,993) 8.165 R•¢onclllatlon of funds: Totsl lunds brought forward Totsl fund8 carrled forward 25,362 39,072 41,895 15,182 67,247 54,254 59,082 67,247 All of the acllvilies of the ¢harlty a dassed as contlnulng a¢VIties. The statement of Financial Activibes Inciud8s all gains and1085e5 recognlsed In the year. The notes on pages 1110 19 fom part of these finandal stslements.
JUMPED UP THEATRE Balanco Sheet At 31 March 2023 31 March 2023 31 May 2022 Note Flx8d ass•ts Tanglble assets 723 782 Cutrent assety Debtors Cash at bank and In harKI 5,300 50.922 56.222 9,236 58,746 67.982 Cr•dStorn: Amount8 falllng du• wlthin on• y04r N•t eurr•nt ass•ls {2,691) 11,517> S3,531 54.254 66.465 67,247 Total ass•t* l¢u currant Ilabiliti•s Funds Unrtstrtcted Re8lrithd 39,072 1S.182 54,254 25,352 41,895 67,247 10 The 8ccountB h8ve b••n prnpared In aceordance the prov181on$ appllcable lo companles sublgct lo th• small companSes reglme for the perlod from 1 Jun8 2022 to 31 M8r¢h 2023, the charlt8bl8 Gompany w&s 6ntiY•d lo èx•mptton from audll undor Sgctlon 477 of the Comp8ni•s Acr 2008 (th• Act) relaung 10 8mall TN8lee¥ re8F)onslblliles'. li) Thè members hav8 not requiTrd the charity lo obtAin an audit of Its accounts for th8 year In question In accordance Section 476 {11) tho direct8 acknowl8dge Iholr resp0nsbll0S for C¢)mY7n9 with the requIremts of th8 A wlth respect to 8¢eounting record5 and Ihg prep8rallon of accounts. neiAI stat•mènts wère Approvad And authori8•d by tho TruiJt•etS On the ..2023 and arg signed on thelr behalf by. J•nnlf•r Huyg•n- ChaSr Cornpany Number. 4228305 Th8 notes on pages 11 to 19 fonn part of thes8 financlal statsments.
JUMPED UP THEATRE Notes to the Financial Statements for the period from 1 June 2022 to 31 March 2023 l. Accountlng pollclos Gen•ral Infomiatlon and bas1• of accounting Jumped Up Thèatre is a company limited by guarantee registered in England and Wales. In the event of the chantable company being wound up, the liability in respect of the guarantee Is limited to £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 infonnation on page 1 of these financ1 statements. The natu of the charitys operations and principal acl"vib"es are detailed in the trustees report on pages 2 to 7. The charity constitutes a public benefit enbty as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Repoitng by Charities." Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland issued in October 2019. the Financial Reporting standard applicable in the United Kingdom and Republic of Ireland {FRS 1021, the Charities Act 2011 and UK Generally Accepted Accounting Practice. The financial stalements 8re pPared on 8 golng ¢oncern basls undèr tha hlstorfcal cost conventlon, modified lo include certain Stems al fair value. The financial statements are presented In sterling whtch is the funcllonal currency of the charity and rounded to the nearest £. The 8ignifieant accounting policies applled In the preparation are sel out below. These pollctes have been consistently applied lo all years presented unless olherwise slated. Year end The accounting reference date for the charity has been amend8d to bring it in line with a m8jorty of the funders and therefore changed to be the fiscal year end. This wll simplify the reporting and infomialion feedback to those key parbes Fund8 Unrestricted fvnds are available fof Use at the discretion of the trustees in fvrtherance of the general objective8 of the ch8rity and which hav& not bean designated for other purposes. Designaled fund5 Gompris? unrgstriGted funds that have been sel aside by the trustees for particular purposes. The aim and use of each designated fund 18 set out in the notes to th8 finandal stalemenls. Reslricled funds are funds which are lo be used in accordance wth speGific r8StriGlions imposed by donors or which have beèn raised by the charity for particular purposes. The cost of ralsing and adminlsienng such lunds are charged agalnst Ihe 8peclfi¢ nd. The alm and usa of each restrtcrad wnd is sel out In the notes to the financlal Ststements. Income rncognEtlon All incoming resources are included in the Staternent of Financial Activities when the charity is legally entitled to the income after any performance conditions have been mec the amount can be measured reliably and it is probabl8 that the income wll be received. For dOna"OnS to be recognised the charity will have been nottThed ofthe amounts and the settlement date in writing. It there are conditions attached to the donation and this requires a level of performan befo entitlement Can be obtained then income is deferred until those conditions are fully met or the fulfilment of those condition5 1$ within the control of the charty and it is probable that they wll be fulfilled. Donated facilities and donated professional services are recognised In income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value Is detemineé on the basis of the value of the gfft to the charity. No amount Is Induded In the financlal stalements for volunteer tlme In Ilne with the SORP (FRS 102). Income from govemment and other grants are recognised at fair value when the charity has entilkment after any performanc8 conditions hav8 been met it is probable that the Income will be received and the amount Can be measured reliably. If entiuement ts not met then the$& amourts are defeTr8d. 11
JUMPED UP THEATRE Notes to the Financial Statements IGontinued) for the period from 1 June 2022 to 31 March 2023 1. Accountlng poll¢les l¢ontlnugd) In¢ome rocognltlon (continued) Income from trading a¢twtlies in¢lud&s income earned from fijndraising events and trdding activities to raEse fvnds for the charty. Income is reiVed in exchange for supplying goods and services in order to Tae funds and is recognlsed when entill8ment has occurred. Interest on fvnds held on dèposit is included when receivab and Ihe amount can be measured reliab by the company,. thls is norn1 upon nOtsfi(21 of th& Interest paid or payable by the bank. Expenditure recognition l expendrture 15 acGounted for on an accruals basis and has been dassified under headings that aggrege all costs related lo the category. Expenditure is rec(¥nised where Ihere is a legal or constructive obligation to make payments to third parties, il is probable that the 5etUement will be required and the amount of the obligalton can be measured reliably. Irrecoverable VAT is charged as an expense agalnst the a¢tivty for whlch expenditurè arose. Charitable aclivty expenditure Is detslled In note 510 the financlal slatements. These expenses are subcalegori8ed betsveen charftable acllvltles, support costs and governanc8 costs. Support costs ara Ihose that assist the work of the charity but do not directly represent charitable activilles and include office costs. computer Sts, and bank charges. They are Incurred dlrectly In 8UPPOrt of expendlture on the oblects of the charlty. G0Veman costs are costs of charitablè activities but th08e which relate to the govemance and 8teward8hip of the charity rather than directly lo the activities themselves. Support costs and Govemance costs are allocated to applicabte restri¢led funds based on the level of irKx)rne that each project aams for the charfty. Employ•• b•n•tit• When employees have rendered service to the charity, short-torm employee benefjts to which the employee5 are entitled are recognised at the undiscounted amount expected to b8 pald In exchange for that 8ervlce. The chartty operates 8 defined conlrlbutlon plan for the benefft of Its employees. Contributsons are expensed as they become payable. Flx•d • Tan9ible fixed 889ets are Slated at cost less arxumulated depreclatlon and aceumulaled impalrmenl losses. Cost Includes costs directsy attributabl8 lo making th8 asset capable of operating as intended. The charity has a policy to only capitalise items whlch exceed a cost of over £150. Depreciatlon Depreciation is provided on all tangible Axed assets, at rates (xlculaled to write off the cost I8 estimated residual value, of each asset on a systematic basis over tts expected usefvl life as follows". Computer equipment 20% per annum straight line Debtors and credltors reoelvablelpayable wlthln ono ygar Debtors and creditors with no stated interest rate and receivable or payable within one year are reoorded at transaction price. Any losses arislng from impaiment are recognised In oxpenditure. Taxation The charity is an exempt charity within the meaning of schedule 3 of the Chanties Act 2011 and is considered to pass the t&sts Set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it me&ts Ihe definition of a charitable company for UK corporation tsx purposes. 12-
JUMPED UP THEATRE Notes to the Flnancial Statemonts (contlnued) for the period from 1 June 2022 to 31 March 2023 1. A¢¢ountlng policle8 {contlnued) Golng concern The financial ststemenls have been prepared on a going Conrn basis as the trusteès lIeVe that no material uncertainties exist. The trustees have considered the level of hjnds held and the expected level of income and expenditure for 12 months from authorising these financial statements The budgeted income and expenditure is sufficionl with the level of reserves for the charity to be able to continue as going concem. Judgom•nts and key Bour¢e8 of 08tfmatlon uncert•lnty Th& preparation of the linancial slalements requires management lo make judgements, èstimates and assumpllons that affeet the amounts reported. These estimates and judgements are continually reviewed and are based on exFerience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. ReviSnS lo a¢¢ounling estimates are recognised in the period in which the esbmale is revised rf the vIsion affects only that period or in the period of the revision and fvre perKJds rf the revision affects both current and future penods. Operallng leasg agroernonts Rentals applible to operating leases wh8re substsntlally all of the benefits and risk of ownership remaln wlth the lessor are charged against proilts on a Straight linè b8s1s over the perlod of the lease. 2. Incomo from donatlon• and grants Tol•l Funds 2023 unres1cted and Total 2022 Unre8trf¢t•d Restrlcted Funds Funds Donatlons 500 500 952 Employers All¢)wance C•ntral g0mmt9r*nts 3,229 3,229 3,229 3,229 1,460 1,460 Grants recelv8d from partners Pelerborough Clty Councll BAC programme CTN3 Local gov•mm•ntgrants 5,000 6,705 16.025 27.730 19,339 19.339 19,339 19,339 Grants received from partners Arts Council Emergency Fund Kickstsrt Apprentice grant & in¢ome Norfolk and NoThvi¢h Festival Trust ln8tltutlonalgrants Total grants Total donations and grants 3,540 13,491 2,244 31.897 31,897 5,221 5,000 42,118 5,221 5,000 36.897 5,221 19,275 8.450 8.950 56.236 56.236 64,686 65,186 48,465 49,417 13-
JUMPED UP THEATRE Notes to Ihe Financial Statements (contlnued) for the rfod from 1 June 2022 to 31 March 2023 3. Charltable actlvitieg Ineom• Total Funds 2023 Unrestricted and Total 2022 Unrestricted Resiricted Funds Funds Box office sales from productbjns Project income and commissions Other income 2,756 22.723 2,756 22,723 1.367 38.336 10,350 25.479 25,479 50,053 4. ChaAtsble aetlvltlos •xp•ndltu Unrnstrl¢t•d Rostrlctod Fund8 Fund• Totsl 2023 Tot81 Funds 2022 Charltabl• actlvlties Advertlsing and promotion of sh¢)ws and seasons Project evaluats'on Project Costs Producer fees Tfainlng ¢05ts Travel and accommodation Venue hlre 104 3,100 87 47,280 87 52,976 32 49,984 10,208 139 1,339 2,122 63,822 5,718 141 1186) 68 999 1,910 53,320 209 813 1,910 59,095 5,775 Support costs Salaries Social security costs Pension Bookkeeping and payroll fees Websrte and hosting General marketing and promotion In4ur•n¢9 IT SOare and con8umable8 Miscellaneous expens8S Entert8lnment D8pr6ciatlon Noto 5 Not8 5 Note 5 7,741 561 141 1,206 443 1,605 25,425 2,668 580 33,166 3,229 721 1,206 19,119 1,460 352 1,332 403 1,463 471 275 899 2,165 555 850 217 74 138 178 13,295 178 228 26,002 29,629 Govemanee costs Independent examination fee Annual reiums and taxation fees Twstee training Companies House fees 42,924 960 550 116 13 960 550 116 13 180 305 13 1.639 20.709 1,639 103,658 1,481 91.305 Total overhead expenses Costs all¢xated to specific projects Chatable actfvities expenditure 82,949 20.709 82,949 103,658 91,305 14-
JUMPED UP THEATRE Notes to the Financlal Stat8ments (continued} lor the porlod from 1 June 2022 to 31 March 2023 5. Staff costs and omployeg boneflts The aggregate payroll Costs were.. 2023 2022 Wages and salaries Social security costs Other pension cnsts 33.166 3,229 721 19,119 1,460 352 No employee received total employee b8nefits lexduding employer pension costs) of more than £60,000 in either the current or prior year. The monthly average number of staff during the year was 112022 - 1). No amounts are payable to the trustees Sn wpeel of remuneration, benefits In kind or rèimbursement of expenses 8. Tanglbl• Ilx•d •s#•ts Offle• equlprnont Total Co•t At 1 April 2022 Addition8 1.139 351 1,139 351 At 31 March 2023 1,258 1,258 Dopreclatlon At 1 Apnl 2022 Charge for the year At 31 March 2023 357 178 357 178 535 535 N•t book value At 31 March 2023 723 723 At 30 March 2022 782 782 7. Dobtors 2023 2022 Trade debtors Other debtors Prepayments 4,970 274 56 8,625 611 5,300 9,236 8. Credltors., Amounts lalllng due wfthln on• yr 2023 2022 Trad8 creditors Taxation and social security Pension Accruals and deferred income 116 362 103 936 1,059 257 1,375 2,691 1,517 15-
JUMPED UP THEATRE Notes to tha Flnancial Statements (continued) ft*r the perlod from 1 June 2022 to 31 March 2023 9. Statament olfvnds Movoment In rosources Balance at 1 June 2022 Balance at 31 March 2023 Incoming Outgolng Transfer8 Unrostricted fund8 General fund Designated fvnds Total unrestricted funds 15.324 10,028 25.352 34.429 {20,709) (5,972) 5,972 23,072 16,000 39,072 34,429 20,709) Restrlctod funds Moving Roots ACE- Jo Fong ACE- Right Here, Rlghi Now Northem Soul I Soul and Body Tribute to Bollw¢>J Sounding Board Prole¢18 CTN3 programme Norfolk and Norwich Festival Bridge Total restricted funds 19,493 19,339 30.398 1.499 (14,554) 134,947) 115,0681 (11,423} 4,549 13,569 (13,7021 12481 7,255 12) 12,855 13,702 1,007 {7,255) 14,948 {7611 (14,9461 5,000 12,673) 2,327 41,895 56,238 {82,949 15.182 Totsl funds 67,247 90,665 1103,658) 54,254 Analy818 of not a8••t8 Tangible flxod a88•ts Cash and bank Oth•r n•t Total Unr•$trlGted fund• General fund 723 19,740 18,000 35,740 2,609 23,072 10,0¢)0 39.072 D•o19n•lod lundB Total unfestricled funds 723 2,609 Roslricted fund• ACE- Jo Fong ACE- Right Here, Right Now Northem Soul I Soul and Body Moving Roots CTN3 programme Tribute to Bolfvc4Jd Soundlng Board Prolects Norfolk and Norvitch Fe$tNal Brfdge Total restricted fvnds 12,855 12,855 2,327 2,327 15,182 15,182 Total funds 723 50,922 2,609 54,2S4 -16-
JUMPED UP THEATRE Note$ to the Flnancial Statsments (¢ontinued} for thè perlod from 1 June 2022 to 31 Mar¢h 2023 9. Statement of fund81contlnuod) Designated funds relate to unrestrtcted fiJTrds bthich the trustees have allolxted for SpeCte projects whi¢h are ongoing at the year end. At the year end, the designated fund related to the Moving Roots project being undertaken by the chafity. CTN3 programrno relates to the Collaborative Touring NetsIk which aims to commission innovative and gamÈ<hanging touring projects. Any deficit in the funds will be covered by unrestrscted funds and any surplus will need to be refunded, although this is not expected lo be the case. Movlng roots is a creative touring 8rk ted by Battersea Arts Centre. Funding has been made available for th projec1 but we have put aside funds as deslgnaled from our unrestrlctsd resèrve8. The transfer relates to overheads costs allocated from previous years when the exercise had not been conducted. This fund includes ACE - Right Here, Right Now and ACE - Jo Fong which were funds provided for simpler programs and Iljnds were Interchangeable. ACE - Right Here, Rlght Now represents monies received from the Arts Council England for the purposes of our project und8r the same name being a youth Zine for Pelerborough. The Income this year was the final instalment after reaching the required milestone in October 2022. Any excess expenditure will be met by designated funds Ace Jo Fong represents monies received from the Arts Councll England for Ihe purposes of our Community and Professional Danco in Peterborough project. The 86cond part of the grant 8mountSng to £3.377 wa8 recebved after rea¢hlng the required mllestone In June 2023. Any excess expendlture will be met by deslgnatad funds. Norfolk and Norwlch Festlval Brldg• relate8 to funding granted by tha Norfolk and NOl¢h Festival Trust, a charitsbl8 organisation regislered in England and Wales. Thg project being funded w88 to delbver the Research and Devebpment aGth as outlineA In a propjsal submitted to the Trust. The actsvity explored the quesOn. How can using creal'vity on dtgital plarfom8 develop skills and confidence in young people to have agefity over the issues that matter to them? The chanty parbcipaled In the 'Moving IT On. cohort. The funding had a minimum expectab'on of partipation in 8 project start meellng with the Tnjst and partlcipation in Ihree meetlngs wrth the cohort convened by the Trust. This was all 8UCCe88fully a¢hleved and fvll fundlng provlded. Any exce8888 are 881 ag4ln$t staff ¢ost8 in accordance with the agreement. Northern soul l Soul ond Body fund covers the Intedlnking Northem Soul of Peterborough prolect and the Body & Soul sessions which have been fvnded by the Heritage Fund and Community Fund. If the Cornnavlrus Psndemic had not effÈetèd th8 y8ar, 8vonts and &&&&ions would havo b8•n •xp&2tod to consume the fund$ provided and any deficit would be ¢ov8r8d from General Funds. The project was completed dunng the year ended 31 May 2022 and excess funds weTe transferred to General Funds as in accordance the fvnding agreemenl. 10. Transfers Many of thè 'Restrfcted funds are Interchangeable, l.e. funds are recerved for a project but then excess funds received ¢an b8 used for the other similar projects and therefore funds transferred b&een reslricled fvnds where available. Funds are released to the General fijndg when the project has been completed and the funder does not require eXsS funds to be rebjmed in order to enable fvture similar work to be ijndertaken. 11. Control relationshlp The charity is controlled by the trustees jointy and no individual can or does exert control over tho others. 17-
JUMPED UP THEATRE Notes to the Financlal Statements l¢ontinued) for the period from 1 Juno 2022 to 31 March 2023 12. Fund Comparatives 2022 Unrostricted Restrlctod Funds Fund¥ Total Fundg Incom8 from: Donalions and grants Charitable activities 7,783 20,256 28,039 41,634 29,797 71,431 49.417 50.053 Total Incom• 99,470 Expendltur• on: Ch8ri18ble activities 26,753 26,753 84,552 64,552 91,305 91,305 Total •xpendltur• Not exp&ndltur• 1.286 6,879 8,165 Mov•m•nt in resour¢ Balance at 1 Jun• 2021 Balance al Incoming Outgolng Transfern 31 May 2022 G•norn1 fund8 General funds 14,038 10,028 24,066 28,039 (26,753) 16,324 10,028 25,352 Deslgnated fvnd$ Total unre$lrl¢tsd fund8 28,039 {26,753) Re•tr1¢t fund• Northern Soul I Soul and Bcjdy Moving Roots CTN3 programme Tribut& to Bollwod Sounding Board Projects Total reslricled funds 14,402 16,644 3,970 657 11,357) 151,001} 11.147) 13,120) 17.927) (64,552) 13,702 19,493 14,948 1,007 17,2551 41,895 53,850 12,125 4,127 672 35,016 71,431 Total funds 59,082 99,470 (91,305) 67.247 18-
JUMPED UP THEATRE Notes to the Flnancial Statements (contlnued) for the period from 1 June 2022 to 31 March 2023 12. Fund comparntives (continued) 2022 Analysls of net a880ts Tangible fix•d a8s8ts Cash and bank Other not a88ets Total Gon•ral fund$ General fund Dèsignated fvnd Total unrestrlcted fijnds 782 10.448 10,028 (9081 15,324 10.028 782 25,476 (9061 25,352 R••trfcted funds Northern Soul I Soul and Body Moving Rt)ot8 CTN3 programme Trfbute to Bolwood Sounding Board Projects T¢)tal restricted funds 13,702 19,493 6,323 1,007 {7,255} 33,270 13,702 19,493 14,948 1,007 (7,2551 41.895 8,625 8,625 T¢)tsl funds 782 58,746 7,719 67,247 19-