**REGISTERED COMPANY NUMBER: 05018549 (England and Wales) REGISTERED CHARITY NUMBER: 1101853**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021**
## **FOR**
## **CLIO'S COMPANY**
Martyn Lewis Chartered Accountants 1 Brewery House Brook Street Wivenhoe Essex C07 9DS
**CLIO'S COMPANY**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 August 2021**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 2|
|**Independent Examiner's Report**|3|
|**Statement of Financial Activities**|4|
|**Balance Sheet**|5|
|**Notes to the Financial Statements**|6 to 10|
|**Detailed Statement of Financial Activities**|11|
**CLIO'S COMPANY**
## **REPORT OF THE TRUSTEES for the Year Ended 31 August 2021**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The period covered by this report began in the early months of the Covid-19 pandemic and ended at a point when some, very reduced, live events, were again possible. Throughout the period there were difficulties in making plans. This was especially the case with anything involving live events, even out of doors.
It was clear by the beginning of autumn 2020 that it would not be possible to plan for in person schools events, at least for the following few months. A Culture Recovery Fund grant and several grants from "regular" grant makers enabled us to create online versions of two of our programmes created for schools at All Hallows by the Tower. These were filmed at the church of St Saviour's, Walthamstow, and we were most grateful for the support of the church community.
During this period we were also able to continue with work on the Aphra Behn and After project, and, with some complications, were able to stage a scaled-down version of a long-planned event at Westminster Abbey. A total of twelve young people took part in person, with another twenty recorded and an audience of thirty. The event was filmed, and it was especially pleasing that Canon Tricia Hillas of Westminster Abbey was present to preside over a service of readings, music and a blessing beside Aphra Behn's grave in the cloister at Westminster Abbey. We were also able to work on the research, writing and creation of the website for the project, and to write and film a production entitled "The Empress of the Moon", focusing on the time after Aphra Behn's death. The Portal Trust (formerly Sir John Cass's Foundation) have been most supportive of our work and of the changes in terms of timing made necessary by the pandemic. Our feedback on what had at that stage been achieved was accepted and the next stage of the grant paid just after the end of this accounting period, and detailed information included in the next report.
During the current reporting period we were able to contact schools with the offer of online versions of "Ultima Britannia", covering the early Roman period, and "Lundenwic", covering the period when there was a Roman and a Saxon London. We created a dedicated website for each production, which was offered free of charge to London schools. The productions were then available online, and each one was accompanied with a teacher's booklet and details of in-classroom activities to take place as part of the action. It was of course not possible to replicate the live action of a visit to All Hallows by the Tower, but the interactive aspects of the programmes were there. During this period seventeen groups took part.
At the end of the period we were especially glad to be able to stage an event for the E17 Art Trail as part of the Aphra Behn and After project involving original work devised with Our Lady and St George's Primary School, Waltham Forest. This involved the whole of their two-form intake Year Six group, and was the first and only out of school event involving an outside agency that those pupils had been able to be part of throughout the academic year. The turnout, on a hot July evening, and the feedback, were alike notable.
Looking forward to the new academic year, the aftermath of the pandemic mean that we have made flexible versions for everything. Schools and other partner organisations were, and remain, in very different stages of planning. Looking further forward, there are further possibilities for more work both on Aphra Behn and at All Hallows by the Tower
Major funders this year:
Culture Recovery Heritage Grant - £21,060 Garfield Weston Grant - £5,000 Worshipful Company of World Traders - £4,000 Derek Shuttleworth Trust - £3,000 London Historians - £100 Culture Recovery Heritage Grant final payment - £2,340
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Page 1
**CLIO'S COMPANY**
## **REPORT OF THE TRUSTEES for the Year Ended 31 August 2021**
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
05018549 (England and Wales)
**Registered Charity number** 1101853
## **Registered office**
35 Pember Road London NW10 5LT
## **Trustees**
Ms S K Mexsom C Seow Ms S Harrington M Spafford
## **Company Secretary**
Ms S Bramwell
## **Independent Examiner**
Martyn Lewis Chartered Accountants 1 Brewery House Brook Street Wivenhoe Essex C07 9DS
_30[th] May 2022_
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
_Ms S Harrington_
........................................................................ Ms S Harrington - Trustee
Page 2
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CLIO'S COMPANY**
## **Independent examiner's report to the trustees of Clio's Company ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2021.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
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 charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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 matter considered as part of an independent examination; or
4. 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 to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## _M L Lewis_
…………………………………
M L Lewis Martyn Lewis Chartered Accountants 1 Brewery House Brook Street Wivenhoe Essex C07 9DS _30[th] May 2022_ Date: .............................................
Page 3
## **CLIO'S COMPANY**
## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 August 2021**
|Unrestricted
Restricted
fund
fund
Notes
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**45,938**
**-**
**EXPENDITURE ON**
Raising funds
2
**1,398**
**-**
**Charitable activities**
Productions
**48,903**
**-**
**Total**
**50,301**
**-**
**NET INCOME/(EXPENDITURE)**
**(4,363)**
**-**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**27,713**
**-**
**TOTAL FUNDS CARRIED FORWARD**
**23,350**
**-**|**2021**
**Total**
**funds**
**£**
**45,938**
**1,398**
**48,903**
**50,301**
**(4,363)**
**27,713**
**23,350**|2020
Total
funds
_£_
39,888
3,439
35,304
38,743
1,145
26,568
27,713|
|---|---|---|
The notes form part of these financial statements
Page 4
## **CLIO'S COMPANY**
## **BALANCE SHEET 31 August 2021**
|Unrestricted
Restricted
fund
fund
Notes
£
£
**FIXED ASSETS**
Tangible assets
6
**2,140**
**-**
**CURRENT ASSETS**
Debtors
7
**10,438**
**-**
Cash at bank
**11,732 **
**-**
**22,170**
**-**
**CREDITORS**
Amounts falling due within one year
8
**(960)**
**-**
**NET CURRENT ASSETS**
**21,210**
**-**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**23,350**
**-**
**NET ASSETS**
**23,350**
**-**
**FUNDS**
9
Unrestricted funds
**TOTAL FUNDS**|**2021**
**Total**
**funds**
**£**
**2,140**
**10,438**
**11,732 **
**22,170**
**(960)**
**21,210**
**23,350**
**23,350**
**23,350**
**23,350**|_2020_
_Total_
_funds_
_£_
_642_
_1,680_
_26,351 _
_28,031_
_(960)_
_27,071 _
_27,713_
_27,713_
27,713
27,713|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 30[th] May 2022 and were signed on its behalf by:
## _S Harrinton_
............................................. S Harrington - Trustee
The notes form part of these financial statements
Page 5
**CLIO'S COMPANY**
## **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 August 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 6
continued...
**CLIO'S COMPANY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2021**
## **2. RAISING FUNDS**
||**Raising donations and legacies**|||
|---|---|---|---|
|||**2021**|_2020_|
|||**£**|_£_|
||Sundries|**-**|_225_|
||Support costs|**1,398**|_3,214_|
|||**1,398**|_3,439_|
|**3.**|**NET INCOME/(EXPENDITURE)**|||
||Net income/(expenditure) is stated after charging/(crediting):|||
|||**2021**|_2020_|
|||**£**|_£_|
||Depreciation - owned assets|**714**|_214_|
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020.
|**5.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
Restricted
fund
fund
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
39,888
-
**EXPENDITURE ON**
Raising funds
3,439
-
**Charitable activities**
Productions
35,304
-
**Total**
38,743
-
**NET INCOME**
1,145
-
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
26,568
-
**TOTAL FUNDS CARRIED FORWARD**
27,713
-|Total
funds
_£_
39,888
3,439
35,304
38,743
1,145
26,568
27,713|
|---|---|
continued...
Page 7
**CLIO'S COMPANY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2021**
## **6. TANGIBLE FIXED ASSETS**
|**6.**|**TANGIBLE FIXED ASSETS**||||||
|---|---|---|---|---|---|---|
|||||||Plant and|
|||||||machinery|
|||||||£|
||**COST**||||||
||At 1 September 2020|||||**1,269**|
||Additions|||||**2,212**|
||At 31 August 2021|||||**3,481 **|
||**DEPRECIATION**||||||
||At 1 September 2020|||||**627**|
||Charge for year|||||**714**|
||At 31 August 2021|||||**1,341**|
||**NET BOOK VALUE**||||||
||At 31 August 2021|||||**2,140**|
||At 31 August 2020|||||_642_|
|**7.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||||
|||||**2021**||_2020_|
|||||**£**||_£_|
||Other debtors|||**10,438**||_-_|
||Prepayments||||**-**|_1,680_|
|||||**10,438**||_1,680_|
|**8.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||||
|||||**2021**||_2020_|
|||||**£**||_£_|
||Other creditors|||**960**||_960_|
|**9.**|**MOVEMENT IN FUNDS**||||||
|||||Net|||
|||||movement||At|
|||At|1.9.20|in funds||31.8.21|
||||£|£||£|
||**Unrestricted funds**||||||
||General fund|**27,713**||**(4,363)**||**23,350**|
||**TOTAL FUNDS**|**27,713**||**(4,363) **||**23,350**|
continued...
Page 8
## **CLIO'S COMPANY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2021**
## **9. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|**45,938**|**(50,301)**|**(4,363)**|
|**TOTAL FUNDS**|**45,938**|**(50,301)**|**(4,363) **|
## **Comparatives for movement in funds**
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.9.19|in funds|31.8.20|
||£|£|£|
|**Unrestricted funds**||||
|General fund|26,568|1,145|27,713|
|**TOTAL FUNDS**|26,568|1,145|27,713|
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|39,888|(38,743)|1,145|
|**TOTAL FUNDS**|39,888|(38,743)|1,145|
A current year 12 months and prior year 12 months combined position is as follows:
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.9.19|in funds|31.8.21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|26,568|(3,218)|23,350|
|**TOTAL FUNDS**|26,568|(3,218)|23,350|
continued...
Page 9
**CLIO'S COMPANY**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 August 2021**
## **9. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|85,826|(89,044)|(3,218)|
|**TOTAL FUNDS**|85,826|(89,044)|(3,218)|
## **10. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 August 2021.
Page 10
## **CLIO'S COMPANY**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 August 2021**
||2021|2020|
|---|---|---|
||£|_£_|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|**7,100**|5,900|
|Grants|**38,838**|33,988|
||**45,938**|39,888|
|**Total incoming resources**|**45,938**|39,888|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|Sundries|**-**|225|
|**Charitable activities**|||
|Productions|**47,834**|34,716|
|**Support costs**|||
|**Finance**|||
|Bank charges|**99**|60|
|**Other**|||
|Room hire|**1,114**|3,000|
|Depreciation of tangible fixed assets|**714**|214|
||**1,828**|3,214|
|**Governance costs**|||
|Accountancy|**540**|528|
|Total resources expended|**50,301 **|38,743|
|**Net (expenditure)/income**|**(4,363) **|1,145|
This page does not form part of the statutory financial statements
Page 11