| Contents | |||
|---|---|---|---|
| COMPANY INFORMATION. | |||
| Introduction .. | |||
| Mission. | |||
| Summary of2022. | |||
| Objects ofthe Charity. | |||
| Auditions. | |||
| BYMT's 2022 Season .. | |||
| Easter 6Summer Camp Courses and |
Workshops. | ||
| BYMT Creative Trainee | Scheme. | 13 | |
| Programme Statistics 2022. |
.13 | ||
| Access ToThe Arts.. | ...14 | ||
| Participant Evaluations |
(Productions | and Camps) 2022 | .....15 |
| BYMT Participants 2022 Mapped |
17 | ||
| Offices and Facilities. | 18 | ||
| Management structure |
and staffing. . | .......18 | |
| Reserves Policy.. | .....19 | ||
| Company Policies.. |
......19 | ||
| Fundraising. | ...20 | ||
| Trustees | ....22 | ||
| Structure, Governance |
and Management. | ......22 | |
| Statement of Directors' | responsibilities. ..... | ...23 | |
| REPORT OF INDEPENDENT AUDITORS.. | 24 | ||
| STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022........27 | |||
| BALANCE SHEET AS AT | 31 DECEMBER 2022 | .28 | |
| NOTES TO FINANCIAL | STATEMENTS | FOR THE PERIOD ENDED 31 DECEMBER 2022...31 |
| Programme Statisti |
cs 2022 | cs 2022 | ||
|---|---|---|---|---|
| Total number of participants |
engaged | 1625 | ||
| UK coverage (%of local authorities) | 75 | |||
| Number state educated |
75% | |||
| Number privately educated |
24% | |||
| Number home educated |
1/o | |||
| Numbers engaged (National |
Auditions) | 1009 | ||
| In-person | (701) | |||
| Online | (308) | |||
| Numbers engaged (Outreach |
- Oiscover Music Theatre) | 458 | ||
| Numbers engaged (Productions) |
337 | |||
| Numbers engaged (Camps) |
367 | |||
| Number of underrepresented |
participants | (all activities combined) | 19% | |
| Global mjaority | (12%) | |||
| Oisabled and neurodi | uergent | (7%) | ||
| Selfidentify non-binary |
(2%) | |||
| 121 | ||||
| Number offree &assisted places Bursaries awarded on Productions |
(52) | |||
| Free (supported) places on Free Audi tions |
Camps | (g) (60) |
||
| Number of qualifications awarded |
(Trinity | College london) | 700 |
| Executive and Operations | ||||||||
|---|---|---|---|---|---|---|---|---|
| Executive Producer | Jon Bromwich | Full time | ||||||
| Chief Executive BtCreative |
Director | Emily Gray (from May) | ||||||
| Associate Producer | Harrison Rose/Milly |
Summer | (from May) | Full time | ||||
| Assistant Producer |
Emma-Alys Bower |
Part Time | ||||||
| Programmes Administrator |
Cerys Jones | Full time | ||||||
| Office Assistant | Hannah Stone (from July) |
Full Time | ||||||
| Finance Officer | Clare Russell | Part time | ||||||
| Welfare Manager | Alison Woodward | Part time | ||||||
| Music Supervisor | Jordan Clarke (January to | September) | Part time | |||||
| Marketing and Development |
||||||||
| Head of Development | Alex Mastihi | Full time | ||||||
| Marketing Manager |
Tatiana Timoshina | / Sofia | Andolcetti | (from September) | Full time | |||
| Marketing Assistant |
Eugenic Bacher / Rhiannon | Dunn | (from February) | Fixed term |
| Sum | of | Sum | ofBid | Sum of | Sum of | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rows | iu | Plenned | for | Received | Commsled | Sum ofUnsuccessful | Grend | 7olul | |||||||||||
| 0 | 0l | E | 9774 | 2 | 13 | E | 8 | ||||||||||||
| E | - | E | 95872 | E | 44 | 6 | E | 413 | 67 | 5 | 554 192 | ||||||||
| Q2 | E | 50 000 | E | 63 | E | 151 | 16 | E | 264 605 | ||||||||||
| Q3 | E | 73 550 | 30000 | E | 37 | 0 | 40 | 00 | 5 | 181050 | |||||||||
| E | 378 | 000 | E | 78 022 | 11260 | E | 27 | 02 | 50 | 5 | 504 284 | ||||||||
| Pendin | from | 2021 | E | 10.304 | E | E | 63. | 00 | 5 | 81304 |
| Director | Date ofappointment | Date of resignation | Date of | ||
|---|---|---|---|---|---|
| retirement | by | ||||
| rotation | |||||
| Royce Bell | 28 Jun 2010 | 5 July 2022 | |||
| Jimmy Jewell | 6 Dec 2016 | ||||
| Laura Palmer | 18Apr 2019 | 26 April 2022 | |||
| Alastair Roberts | 10 Mar 2015 | ||||
| Aniela Shuckburgh | 10July 2018 | ||||
| Phillip Siddle | 1 Jan 2013 | ||||
| Rebecca Treanor | 10Jul 2019 | 26 April 2022 | |||
| David Warburton | 5 July 2017 | 26 April 2022 | |||
| RogerJones | 5 Mar 2019 | ||||
| Simon Millson | (Chair) | 9 Nov 2019 | |||
| Lucy Stocks | 18Crct 2022 | ||||
| Francesca Unsworth |
5 July 2022 |
| Notes | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | Unrestricted | Restricted | 2021 | ||
| Funds | Funds | Total | Funds | Funds | Total | ||
| F | f | 6 | 6 | ||||
| Income from: | 3 | ||||||
| Grants and donations | 267,124 | 74,666 | 341,790 | 406,216 | 118,561 | 524,777 | |
| Charitable activities |
1,230,564 | 1,230,564 | 1,023,832 | 1,023,832 | |||
| Total income | 1,497,688 | 74,666 | 1,572,354 | 1,430,048 | 118,561 | 1,548,609 | |
| Expenditure on: |
|||||||
| Fundrais ing |
5 | 50,916 | 50,916 | 57,496 | 57,496 | ||
| Charitable activities |
4 | 1,319,776 | 79,701 | 1,399,477 | 1,319,062 | 113,526 | 1,432,568 |
| Total expenditure | 1,370,692 | 79,701 | 1,450,393 | 1,376,558 | 113,526 | 1,490,084 | |
| Net incomel (expenditure) | 126,996 | (5,035) | 121,961 | 53,490 | 5,035 | 58,525 | |
| Net movement in funds |
|||||||
| Total funds at 31 December 21 | 15 | (96,510) | 5,035 | (91,475) | (150,000) | (150,000) | |
| Total funds at 31 December | 22 | 30,486 | 0 | 30,486 | (96,510) | 5,035 | (91,475) |
| BAL | ANCE SHEET AS AT | 31DECEMBER | 31DECEMBER | 2022 | |||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 Unrestricted fund |
2022 Restricted |
2022 Total | |||||||
| fund | Funds | 31 DEC | 2021 | ||||||
| E | f | E | |||||||
| Notes | |||||||||
| FIXEDASSETS | |||||||||
| Tangible assets | 10 | 4,113 | 0 | 4,113 | 7,636 | ||||
| CURRENT ASSETS | |||||||||
| Stock | 5,903 | 5,903 | 5,903 | ||||||
| Debtors | 11 | 295,839 | 295,839 | 231,292 | |||||
| Cash at bank and in hand |
256 | 256 | 5, | 146 | |||||
| 301,998 | 0 | 301,998 | 242, | 341 | |||||
| CREDITORS: amounts | falling | ||||||||
| due within one year | 12 | ~215,000 | (215,000) | ~217929 | |||||
| NET CURRENT LIABILITIES | 86,998 | 0 | 86,998 | 24,412 | |||||
| TOTAL ASSETS LESS | |||||||||
| CURRENT LIABILITIES | 91,111 | 91,111 | 32,048 | ||||||
| CREDITORS: amounts | falling | ||||||||
| due after more than one year | 13 | (60,625) | 0 | (60,625) | (123,523) | ||||
| NET ASSETS | 30,486 | 0 | 30,486 | (91,475) | |||||
| Represented by: |
|||||||||
| Unrestricted funds |
14 | 30,486 | 0 | 30,486 | (91,475) |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | E | E | ||||
| Cash flows from operating | activities | |||||
| Cash generated from operations |
59,358 | (274,346) | ||||
| Net Cash provided by/(used |
in) operating | activites | 59,358 | (274,346) | ||
| Cash flows from investing | activities | |||||
| Purchase oftangible fixed | assets | (1,350) | (6,548) | |||
| Net Cash provided by/(used |
in) investing | activites | (1,350) | (6,548) | ||
| Cash flows from financing | activities | |||||
| New loans in the year | (62,898) | (26,477) | ||||
| Net cash provided by financing activities |
(62,898) | (26,477) | ||||
| Change in cash and cash equivalents | in | |||||
| the reporting period |
(4,890) | (307,371) | ||||
| Cash and cash equivalents | at the | |||||
| beginning ofthe reporting |
period | 5,146 | 312,517 | |||
| Cash and cash equivalents | atthe end | of | ||||
| the reporting period |
256 | 5,146 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| f | f | ||||||||
| Net income/(Expenditure) | for the reporting | period (as | per | 121,961 | 58,525 | ||||
| the statement offinancial activites) |
|||||||||
| Adjustments for: |
|||||||||
| Depreciation charges |
4,873 | 4,988 | |||||||
| Decrease in stocks | 0 | (2,942) | |||||||
| Decrease/(increase) | in debtors | (64,547) | (83,797) | ||||||
| Increase/(decrease) | in creditors | (2,929) | (251,120) | ||||||
| Net cash provided | by (used in) operating | activities | 59,358 | 274,346 | |||||
| 2. ANALYSIS OF |
CASH AND CASH EQUIVALENTS | ||||||||
| 2022 | 2021 | ||||||||
| f. | f | ||||||||
| Notice deposits | (less | than | 3months) | 256 | 5,146 | ||||
| Overdrafts included |
in bank loans | and | overdrafts | falling | in one year | ||||
| Total cash and cash equivalents | 256 | 5,146 | |||||||
| 3.ANALYSIS OF CHANGES | IN NET DEBT | ||||||||
| At | 01.01.22 | Cashf low | At 31.12.22 | ||||||
| f | f | f | |||||||
| Net Cash | |||||||||
| Cash at bank | 5,146 | (4,890) | 256 | ||||||
| Bank Overdraft | |||||||||
| 5,146 | (4,890) | 256 | |||||||
| Debt | |||||||||
| Debts falling due within | and | after one | year | (134,167) | 65,000 | (69,167) | |||
| Total | (129,021) | 6D,110 | (68,911) |
| Income | Income | ||||||
|---|---|---|---|---|---|---|---|
| Audition | fees | 33,933 | 33,933 | ||||
| Course | fees | 822,948 | 822,948 | ||||
| Other | 373,683 | 373,683 | |||||
| 1,230,564 | 1,230,564 | ||||||
| Grants | and | donations | - Private Grants | ||||
| Individual ** |
84,451 | 84,451 | |||||
| Corporate sponsorship | 31,250 | 31,250 | |||||
| Trusts | and foundations | 74,666 | 74,666 | ||||
| 115,701 | 74,666 | 190,367 | |||||
| Grants | and | donations | - Public Grants | ||||
| Arts Council | England | 151,423 | 151,423 | ||||
| 151,423 | 151,423 | ||||||
| Total grants | and donations | 267,124 | 74,666 | 341,790 | |||
| 1,497,688 | 74,666 | 1,572,354 | |||||
| 2021 | 2021 | 2021 | |||||
| 8 | |||||||
| Unre st ricted | Restricted | Total | |||||
| Funds | Funds | ||||||
| Charitable | activities | ||||||
| Audition | fees | 23,912 | 23,912 | ||||
| Course | fees | 791,258 | 791,258 | ||||
| Other | 208,662 | 208,662 | |||||
| 1,023,832 | 1,023,832 | ||||||
| Grants | and | donations | - Private Grants | ||||
| Individual | 48,875 | 47,091 | 95,966 | ||||
| Corporate sponsorship | 30,000 | 30,000 | |||||
| Trusts | and foundations | 15,000 | 71,470 | 86,470 | |||
| 93,875 | 118,561 | 212,436 | |||||
| Grants | and | donations | - Public Grants | ||||
| Arts Council | England | 312,341 | 312,341 | ||||
| 312,341 | 312,341 | ||||||
| Total grants | and donations | 406,216 | 118,561 | 524,777 | |||
| 1,430,048 | 118,561 | 1,548,609 |
| Charitable | Activities | Activities | 2022f | 2021f |
|---|---|---|---|---|
| Artists and |
pastoral | care fees | 267,300 | 299,325 |
| Travel | 68,583 | 55,499 | ||
| Accommodation and |
meals | 366,712 | 389,843 | |
| Venue hire |
74,421 | 52,760 | ||
| Production | costs | 59,429 | 89,810 | |
| Office rent | and services | 29,683 | 21,893 | |
| Insurance | 7,651 | 5,593 | ||
| Administration staff |
287,120 | 246,944 | ||
| Marketing | 88,627 | 98,115 | ||
| Accountancy | 25,674 | 26,916 | ||
| Legal | 2,369 | 3,074 | ||
| External audit |
6,960 | 5,082 | ||
| Bursary Awarded |
50,498 | 59,026 | ||
| Other administrative | costs | 64,450 | 68,708 | |
| 1,399,477 | 1,432,588 | |||
| Fundraising | costs | |||
| Fundraising | 50,916 | 57,496 | ||
| Operating | surplus | |||
| The operating surplus |
is stated after charging: | |||
| Depreciation | 4,873 | 4,988 | ||
| Staff Costs | ||||
| Wages and | Salaries | 302,674 | 239,100 | |
| Pension | 4,847 | 4,458 | ||
| Social Security Costs | 23,357 | 18,754 | ||
| Recruitment | and Training | 5,936 | 16,319 | |
| 336,814 | 278,631 |
| angible fixed |
assets | |||||
|---|---|---|---|---|---|---|
| Equipment | Musical | Tote I | ||||
| Instruments | ||||||
| Cost | 6 | 6 | 6 | |||
| At 31st | December 2021 | 16,760 | 23,754 | 4,286 | 44,800 | |
| Additions | 1,350 | 1,350 | ||||
| At 31st | December 2022 | 16,760 | 23,754 | 5,636 | 46,150 | |
| Depreciation At 31st December 2021 |
12,850 | 21,981 | 2,333 | 37,164 | ||
| Charge for the period At 31st December 2022 |
1,880 14,730 |
591 22,572 |
2,402 4,735 |
4,873 42,037 |
||
| Net Book Value | ||||||
| At 31st | December 2022 | 2,030 | 1,182 | 901 | 4,113 | |
| At 31st | December 2021 | 3,910 | 1,773 | 1,953 | 7,636 | |
| Debtors | ||||||
| 2022 | 2021 | |||||
| f | f | |||||
| Trade Debtors | 29,561 | 44,799 | ||||
| Prepayments | and accrued income | 7,999 | 46,079 | |||
| Other Debtors | 258,279 | 140,414 | ||||
| 295,839 | 231,292 |
| 2022f | 2021 | |||
|---|---|---|---|---|
| Trade creditors | 70,951 | 60,518 | ||
| Accruals and deferred |
income | 119,134 | 132,881 | |
| PAYE and National | Insurance | 12,389 | 6,322 | |
| Other Creditors | 12,526 | 18,208 | ||
| 215,000 | 217,929 |
| 2022f | 2021 F |
|||||
|---|---|---|---|---|---|---|
| Loans | 60,625 | 123,523 | ||||
| 14. | Funds | |||||
| 2021 F |
Income f |
Expenditure F |
2022 | |||
| Unrestricted | Funds | (96,510) | 1,497,688 | (1,370,692) | 30,486 | |
| Restricted | Funds | 5,035 | 74,666 | (79,701) | ||
| Total | (91,475) | 1,572,354 | (1,450,393) | 30,486 |
| Auditions: Backstage |
Trust 610,000. | , |
||
|---|---|---|---|---|
| 2022f | Income f |
Expenditure f |
2022f | |
| Productions | 19,500 | 19,500 | ||
| Bursary Income | 44,416 | 49,451 | (5,035) | |
| LIS Sponsorship | 750 | 750 | ||
| Auditions | 10,000 | 10,000 | ||
| Tote I | 74,666 | 79,701 | (5,035) |
| Tangible | Current | Liabilities | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|
| fixed | assets | ||||||||
| assets | |||||||||
| E | |||||||||
| Unrestricted | Funds | at | 31 | December | 2021 | 7,636 | 242,341 | (341,452) | (91,475) |
| Unrestricted | Funds | at | 31 | December | 2022 | 4,113 | 301,998 | (275,625) | 30,486 |
| 2022 | 2021 | ||
|---|---|---|---|
| E | E | ||
| Loan payable | falling due within 1 year |
8,542 | 10,644 |
| Loan payable | falling due in more than | ||
| 1 year but less than 5 years | 60,625 | 123,523 | |
| Loan payable | falling due after 5years | ||
| 69,167 | 134,167 |