#
##
|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|
##