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2022-04-30-accounts

DocuSign Envelope ID: 298A2751-5EA0-46F6-8CCB-12C57A412E3D

Registered Number 04192235

MENAGERIE THEATRE COMPANY

A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022

DocuSign Envelope ID: 298A2751-5EA0-46F6-8CCB-12C57A412E3D

MENAGERIE THEATRE COMPANY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022

Page
Information 1
Trustees' report 2 - 4
Independent Examiner's Report to the Trustees 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the financial statements 8-11

DocuSign Envelope ID: 298A2751-5EA0-46F6-8CCB-12C57A412E3D

MENAGERIE THEATRE COMPANY INFORMATION FOR THE YEAR ENDED 30 APRIL 2022

Company Number 04192235
Charity Number 1105090
Principal Office: Cambridge Junction
Clifton Way
Cambridge
CB1 7GX
Independent Examiner: Stuart Berriman
Chater Allan LLP
7 Quy Court
Colliers Lane
Stow-Cum-Quy
CB25 9AU
Bankers: Natwest
37 Fitzroy Street
Cambridge
CB1 1EU

1

DocuSign Envelope ID: 298A2751-5EA0-46F6-8CCB-12C57A412E3D

MENAGERIE THEATRE COMPANY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2022

The Charity Trustees of Menagerie Theatre Company, who are also the directors for the purposes of company law, present their annual report together with the financial statements for the year ended 30 April 2022.

The registered name of the entity is Menagerie Theatre Company. It is also known as 'Menagerie' and/or 'Menagerie Theatre'.

The trustees serving during the year and since the year end were as follows:

Mr J. Barlow Dr R. Myers Dr A. Pearn (resigned 1st August 2021) Ms K Blayney (appointed 1st August 2021)

Company Secretary: Mr P. Bourne

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

Menagerie Theatre Company is a company limited by guarantee governed by it Memorandum and Articles of Association dated 2nd April 2001. It is a registered charity with the Charity Commission.

Trustee Recruitment & Training

Trustees are appointed by the Trustees, with the Chairman of Trustees being responsible for the induction and training of new Trustees. An induction package is prepared for any new Trustee to include the following: Copy of the Memorandum & Articles of Association, Minutes from the last Board meeting, most recent Annual Report & Accounts, copies of recent publicity and other appropriate material. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.

Organisation

The board of trustees administers the charity. The board meets bi-monthly and there are sub-committees covering strategy, finance, marketing and stakeholder relations which meet as necessary. An Artistic Director is appointed by the trustees to manage the day to day operations of the charity. To facilitate effective operations, the Artistic Director has delegated authority, within terms of delegation approved by the trustees, for the operational matters including finance, employment and artistic performance related activity.

OBJECTIVES & ACTIVITIES

The charity’s key objective, as set out in The Memorandum & Articles of Association is to advance education for the public benefit by the promotion of the arts, in particular but not exclusively the art of drama. In pursuit of this objective, the charity has engaged in the activities outlined:

NEW WRITING DEVELOPMENT

A production of LOVE, NO COUNTRY by Vanessa Ackerman

Development of BLISS by Fraser Grace in preparation for future productions

Performance of UNDER THE WEATHER a stage play by Steve Waters adapted into a short film.

Publishing of the play BLISS.

Publishing of the process and outcomes of the Abbey Project: Talkin’ Bout My Generation

YOUNG WRITERS PROGRAMME

We delivered an online writer development programme for 8 writers. Workshops had professional tutors who helped guide writers to public performances of their plays with professional actors at Hotbed. The tutors were Juliet Gilkes Romero, Craig Baxter, Caroline Horton and Sarah Woods.

2

DocuSign Envelope ID: 298A2751-5EA0-46F6-8CCB-12C57A412E3D

MENAGERIE THEATRE COMPANY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2022

HOTBED FESTIVAL

16-18 July 2021

The festival of new writing at the Cambridge Junction included:

COMMUNITY PROJECTS

We finished workshop and activities for the Abbey Project, by publishing the project outcomes supported by Cambridge City Council.

We started planning a project with CCA (Cambridge Community Arts) working with people with mental health challenges on theatre skills and performance “Acting Up”.

THE IDEAS STAGE

The Ideas Stage continued with initiatives from Menagerie to develop creative partnerships with universities that use theatre to explore the scientific, historical, political and cultural ideas which shape our world.

In this period we continued to work with UCL London on PHD journey choices workshops and with University of Cambridge on The Good Death Project.

WRITER DEVELOPMENT

We worked closely with dozens of playwrights (and young playwrights) throughout the year offering mentoring, dramaturgy and opportunities to see and promote their work through a series of online staged readings.

We also continued with a script reading service for regional playwrights wanting critical feedback on their work in progress, also involving local audiences through public readings and discussion sessions.

CORPORATE AND EDUCATION WORK

We worked with The University of Cambridge education workshops for businesses and ran a programme supporting Faculty Development as well as development projects with UCL.

Overview

Through our programme of productions, readings and education work, we:

GRANT SUPPORT

We acknowledge:

3

DocuSign Envelope ID: 298A2751-5EA0-46F6-8CCB-12C57A412E3D

MENAGERIE THEATRE COMPANY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2022

RESERVES POLICY AND GOING CONCERN

The trustees aim to develop and maintain a level of reserves (that is those funds that are freely available) which enables the charity to bridge the funding gaps between spending on productions and events and receiving resources that provide funding. This year we ended with a good level of reserves. We have identified the only commitments each month to be rent (£76) which can be cancelled with one month's notice. All other monies are paid and agreed on a project by project basis. The budgeted income and expenditure going forward is sufficient with the level of reserves for the charity to be able to continue as a going concern. As at 30 April 2022 free reserves stood at £34,765.

STATEMENT OF TRUSTEES RESPONSIBILITIES

The Trustees are responsible for preparing the Report of Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period.

In preparing those financial statements, the Trustees are required to:

(i)select suitable accounting policies and then apply them consistently;

(ii) observe the methods and principals in the Charities SORP;

(iii)make sound judgements and estimates that are reasonable and prudent;

(iv)state whether the policies adopted are in accordance with the Companies Act 2006 and with applicable accounting standards and statements of recommended practice, subject to any material departures disclosed and explained in the financial statements .

(v)prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time, the financial position of the Trust and enables them to ensure that the financial statements comply with the Companies Act 2006.

The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the Trustees on 24 January 2023 and signed on its behalf by:

J Barlow Director and Trustee

4

DocuSign Envelope ID: 298A2751-5EA0-46F6-8CCB-12C57A412E3D

MENAGERIE THEATRE COMPANY INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES FOR THE YEAR ENDED 30 APRIL 2022

I report to the charity trustees on my examination of the accounts of the company for the year ended 30 April 2022 which are set out on pages 6 to 11.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity 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 company’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 that in any material respect:

  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

  2. 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

  3. 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.

Stuart Berriman (Independent Examiner) Chater Allan LLP 7 Quy Court Colliers Lane Stow-Cum-Quy CB25 9AU

26 January 2023 Date:

5

DocuSign Envelope ID: 298A2751-5EA0-46F6-8CCB-12C57A412E3D

MENAGERIE THEATRE COMPANY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2022

Note
Income from:
Statutory fund and grants
6
Charitable Activities
7
Interest
Total Income
Expenditure on:
Charitable Activities
8
Total Expenditure
Net Income / (Expenditure) for the year
Transfer between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
Restricted
Total
Funds
Funds
2022
£
£
£
-
77,772
77,772
12,829
-
12,829
5
-
5
12,834
77,772
90,606
14,234
84,927
99,161
14,234
84,927
99,161
(1,400)
(7,155)
(8,555)
7,000
(7,000)
-
5,600
(14,155)
(8,555)
29,541
43,862
73,403
35,141
29,707
64,848		 Total
2021
£
95,375
21,716
4
117,095
57,011
57,011
60,084
-
60,084
13,319
73,403

Income and expenditure is derived solely from continuing operations.

6

DocuSign Envelope ID: 298A2751-5EA0-46F6-8CCB-12C57A412E3D

MENAGERIE THEATRE COMPANY (Registration number: 10145977) BALANCE SHEET AS AT YEAR ENDED 30 APRIL 2022

Note
FIXED ASSETS
Tangible Assets
2
CURRENT ASSETS
Debtors
3
Cash at bank and in hand
CURRENT LIABILITIES
Creditors due within one year
4
NET TOTAL ASSETS
The funds of the charity:
Unrestricted funds
5
Restricted funds
5
9		 £
£
376
8,295
58,277
66,572
2,100
64,848
35,141
29,707
64,848
2022		 £
£
886
-
73,567
73,567
1,050
73,403
29,541
43,862
73,403
2021		 £
£
886
-
73,567
73,567
1,050
73,403
29,541
43,862
73,403
2021
66,572
2,100		 73,567
1,050
73,403
29,541
43,862
73,403

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2022.

The trustees have not required the charitable company to obtain an audit of its financial statements for the year ended 30 April 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for:

Approved by the board on 24 January 2023 and signed on its behalf by:

J Barlow Director

7

DocuSign Envelope ID: 298A2751-5EA0-46F6-8CCB-12C57A412E3D

MENAGERIE THEATRE COMPANY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022

1 STATEMENT OF ACCOUNTING POLICIES

a) Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 102. "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Statement of Recommended Practice Accounting and Reporting by Charities FRS 102 (2019). Menagerie Theatre Company meets the definition of a public benefit entity under FRS 102.

b) Going Concern Basis

The Trustees have considered the financial position of the charity and believe it is well place to manage its financial risks successfully. The Trustees have considered the impact of COVID-19 and even though there are uncertainties and challenges ahead believe there will not be a material adverse impact on the charity's ability to continue to operate. The Trustees consider that the going concern basis is appropriate as the expected income is sufficent that reserve levels ensure the Trustees can meet their financial obligations for the next 12 to 18 months and on that basis the charity is a going concern.

c) Recognition of liabilities

Liabilities are recognised on the accruals basis in accordance with normal accounting principles, modified where necessary in accordance with the guidance given in the Statement of Recommended Practice, Accounting and Reporting by charities, issued in 2019 (SORP 2019 FRS 102 version)

d) Income

Grant income is accounted for in the period to which the grant applies or the period in which the production it was donated to takes place.

Sponsorship and box office income is accounted for in the period in which the production takes place.

e) Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged aa an expense against the activity for which expenditure arose.

f) Funds structure policy

The charity maintains a general unrestricted fund which represents funds that are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.

Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully monitor the application of those funds in accordance with the restrictions placed upon them.

There is no formal policy of transfer between funds or on the allocation of funds to designated funds, other than that described above.

g) Volunteers and donated services

The value of services provided by volunteers is not incorporated into these financial statements. Further details of the contribution made by volunteers can be found in the trustees' annual report. Where services are provided to the charity as a donation that would normally be purchased from our suppliers, this contribution is included in the financial statements at an estimate based on the value of the contribution to the charity.

h) Foreign Currencies

Transactions in foreign currencies are recorded at the rate ruling at the date of transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

i) Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33% on cost

8

DocuSign Envelope ID: 298A2751-5EA0-46F6-8CCB-12C57A412E3D

MENAGERIE THEATRE COMPANY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022

2 Tangible fixed assets

Tangible fixed assets
Cost
At 1 May 2021
Addition
At 30 April 2022
Depreciation
At 1 May 2021
Charge for year
At 30 April 2022
Net book value
At 30 April 2022
At 30 April 2021
3 Debtors
Other debtors
4 Creditors: amounts falling due within one year
Accrued expenses
Trade creditor
5 Statement of funds
At 1 May
2021
£
General Reserves
29,541
Total Unrestricted Funds
29,541
Restricted funds
Abbey People Community Group
1,550
Bliss 2 - Arts Council England
13,500
Emergency - Arts Council England
10,414
Recovery - Arts Council England
18,398
Continuity - Arts Council England
-
Bliss
-
Bloom
-
Hotbed
-
Cambridge Community Arts
-
Total restricted funds
43,862
Total Funds
73,403
6 Income
Statutory funding and grants
Arts Council England
Cambridgeshire Community Foundation
Golsoncott Foundation
The Leche Trust
Maria Bjornson memorial fund
James Joyce Centre
Vanessa Ackerman
National Lottery Community Fund		 Income
£
12,834
12,834
-
-
-
6,375
27,650
5,000
1,649
22,500
14,598
77,772
90,606
2022
Unrestricted
Funds
£
-
-
-
-
-
-
-
-
-		 Expenditure
£
14,234
14,234
1,550
3,982
10,414
24,773
19,650
-
1,058
23,500
-
84,927
99,161
2022
Restricted
Funds
£
49,025
5,000
1,000
2,000
2,000
1,649
7,500
9,598
77,772		 Computer
Equipment
£
1,529
-
1,529
643
510
1,153
376
886
2022
£
8,295
2022
£
2,100
-
2,100
Transfers
£
7,000
7,000
-
-
-
-
(8,000)
-
-
1,000
-
(7,000)
-
2022
Total
£
49,025
5,000
1,000
2,000
2,000
1,649
7,500
9,598
77,772		 Totals
£
1,529
-
1,529
643
510
1,153
376
886
2021
£
-
2021
£
1,050
-
1,050
At 30 April
2022
£
35,141
35,141
-
9,518
-
-
-
5,000
591
-
14,598
29,707
64,848
2021
Total
£
95,375
-
-
-
-
-
-
-
95,375

9

DocuSign Envelope ID: 298A2751-5EA0-46F6-8CCB-12C57A412E3D

MENAGERIE THEATRE COMPANY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022

7 Charitable activity income
Workshop, Project & Training fees
Performance fees
8 Resources Expended
Workshop facilitators
Writers/Directors
Performers
Freelance administrators
Technical staff
Designer writers & prodn
Direct Production
General admin costs
Company performance fees
Marketing, PR & design
Rent
Subsistence, Travel & Accommodation
Support costs - administration
Accountancy
Van Costs
Insurance
Bank Charges
Depreciation		 2022
Unrestricted
Funds
£
10,801
2,028
12,829
2022
Unrestricted
Funds
£
2,950
-
-
5,150
-
-
-
400
-
148
2,103
284
44
1,190
974
389
91
510
14,234		 2022
Restricted
Funds
£
-
-
-
2022
Restricted
Funds
£
650
9,000
16,600
27,650
7,702
3,150
1,421
284
2,125
3,993
7,347
3,790
644
180
70
271
50
-
84,927		 2022
Total
£
10,801
2,028
12,829
2022
Total
£
3,600
9,000
16,600
32,800
7,702
3,150
1,421
684
2,125
4,141
9,450
4,074
688
1,370
1,044
660
141
510
99,161		 2021
Total
£
21,716
-
21,716
2021
Total
£
6,200
5,050
990
30,750
75
8,998
333
156
-
376
931
337
-
1,140
627
493
46
510
57,011

The charity had no employees during the current or previous year.

9 Funds
At May 2021
Surplus/(Deficit)
Transfer
At 30 April 2022		 2022
Unrestricted
£
29,541
(1,400)
7,000
35,141		 2022
Restricted
£
43,862
(7,155)
(7,000)
29,707		 2022
Total
73,403
(8,555)
-
64,848

10 Transaction with trustees

There were no remuneration transactions during the year (2021- £NIL)

11 Status of the company

The company is limited by guarantee and does not have a share capital.

The liability of the members of the company is limited. Every member of the company undertakes to contribute to the assets of the company, in the event of the same being wound up while he or she is a member, or within one year of ceasing to be a member, for payment of the debts and liabilities of the company contracted before ceasing to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of contributories among themselves, such amount as may be required not exceeding one pound. At the balance sheet date the company had 4 members.

10

DocuSign Envelope ID: 298A2751-5EA0-46F6-8CCB-12C57A412E3D

MENAGERIE THEATRE COMPANY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022

12 Comparative Statement of Financial Activities

Income from:
Statutory fund and grants
Charitable Activities
Interest
Total Income
Expenditure on:
Charitable Activities
Total Expenditure
Net Income / (Expenditure) for the year
Transfer between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
Restricted
Total
Funds
Funds
2021
£
£
£
-
95,375
95,375
21,716
-
21,716
4
-
4
21,720
95,375
117,095
510
56,501
57,011
510
56,501
57,011
21,210
38,874
60,084
10,197
(10,197)
-
31,407
28,677
60,084
(1,866)
15,185
13,319
29,541
43,862
73,403

Income and expenditure is derived solely from continuing operations.

11