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← Ice And Fire Theatre Company Limited

2023-12-31-accounts

Ice and Fire Theatre Company

Annual Report and Financial Statements 31 December 2023

Charity Commission Number 1118200 Company Registration Number 04648400

Ice and Fire Theatre Company

Annual Report and Financial Statements Contents

Page
Legal & Administrative Information 2
Annual Report of the Trustees 3
Independent Examiner's Report to the Trustees 9
Statement of financial activities 10
Balance sheet 11
Notes to the financial statements 12

1

Ice and Fire Theatre Company

Legal & Administrative Information For the year ended 31 December 2023

Charity Name Ice and Fire Theatre Company
Charity Registration Number 1118200 (registered with the Charity Commission on 21 November 2002)
Company Registration Number 04648400 (a company limited by guarantee)
Registered Office 11b High Hill Ferry, London E5 9HG
The Governing Document The Charity’s governing document is the Memorandum and Articles of
Association dated 27 January 2003 (amended by special resolution 30 September
2009)
Objectives The object for which the company is established is to promote, maintain, improve
and advance education for the public benefit by the encouragement of the arts in
particular the art of theatre, but not excluding the arts of mime, dance, singing
and music, and to formulate, prepare and establish schemes therefore provided
that all objects of the Charity shall be of a charitable nature.
The Charity explores human rights stories through performance. We are the only
theatre company putting the human rights issues of the day at the core of our
work, collaborating with a range of organisations to create work across our
interconnecting artistic and participatory programme. The Charity creates a
constituency for human rights in the UK. We develop original theatre pieces
from actual human rights evidence and testimony. Each piece is shaped or
informed by the real people and communities with whom we closely work.
Trustees The Trustees who served during the year or who were serving at the date of this
report were:
Rothna Begum
Gbolahan Obisesan (resigned September 2023)
Waleed Akhtar
Morten Thaysen
Liz Pagett
Neal Shah
Moud Goba
Key Management Personnel Those in charge of planning, directing, controlling, running and operating the
Charity, including those members of staff who are the senior management
personnel to whom the trustees have delegated significant authority or
responsibility in the day-to-day running of the charity, are considered by the
Trustees to be the Trustees, Christine Bacon (Co-Artistic Director) and Sebastian
Aguirre (Co-Artistic Director).
Bankers Coop Bank
Delf House
Southway
Skelmersdale WN8 6WT
Independent Examiner John Helm ACA
Tandem Accounting Limited
17 Heathville Road
London N19 3AL

2

Ice and Fire Theatre Company

Annual Report of the Trustees For the year ended 31 December 2023

The Trustees, who are also Directors of Ice and Fire Theatre Company (“the Charity”), submit their annual report and the financial statements of the Charity for the year ended 31 December 2023. The financial statements have been prepared in the format prescribed by the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP2019 (FRS102)). The legal and administrative information set out earlier in this document forms part of this report. This report also constitutes a directors’ report required by section 415 of the Companies Act 2006.

1. Structure, Governance & Management

1.1. Trustees

The Trustees meet 2-3 times a year to discuss a full range of matters relating to strategic planning and development, governance and finance. Individual Trustees also work regularly with staff on finance and project development.

The induction process for any individual newly-appointed to the board of Trustees comprises an initial meeting with at least two of the Trustees (whenever possible one of these two Trustees being the Chair) and receipt of copies of:

1.2 Risk Management

The Trustees acknowledge that they have a responsibility for the identification and proper management of risks faced by the Charity in achieving its primary aims. The Trustees have therefore assessed the major risks to which the Charity is exposed, in particular those relating to the specific operational areas of the Charity, its investments and its finances. The Trustees believe that, by monitoring reserve levels, by ensuring that controls exist over key financial systems, and by examining the operational risks faced by The Charity, they have established effective systems and procedures to mitigate those risks.

2. Activities, Strategies & the Public Benefit

In preparing this report, we have complied with the duty in section 4 of the Charities Act 2011 to have due regard to public benefit guidance published by the UK Charity Commission and have sought to demonstrate that it provides identifiable benefits which relate directly to its aims as stated in its Memorandum and Articles of Association and which outweigh any potential detriment or harm. Further, the benefits are publicly available to all and are not in any way restricted to those able to pay. Any private benefits to Trustees and members of the Charity are incidental.

The activities of the company currently encompass three main strands:

3. Achievements and Performance

The Trustees of the Charity remain extremely grateful for support from the trusts anf foundations which generously support our work. We are also grateful for the organisations that host our Actors for Human Rights events for which they pay a standard performance fee. This support allows us to continue our work telling the stories of people affected by human rights abuses, developing new projects and working directly with marginalised communities to use creative expression as a therapeutic tool.

3

Ice and Fire Theatre Company

Annual Report of the Trustees For the year ended 31 December 2023

3.1 Production

The Sex Ed Musical

Formerly known as In Our Own Words our four week tour of The Sex Ed Musical (Script and lyrics by Isla van Tricht, music by Guy Woolf, directed by Yasmin Hafesji and designed by Pip Terry) across four regions in England was (except for two public performances) performed exclusively at secondary schools to 14-16 year old students. The dates and locations of the tour are listed below and more information about cast and creatives can be found here: https://iceandfire.co.uk/project/sex-ed-musical/

High quality Sex and Relationships education in the UK was revealed to be more urgent since the recent Ofsted enquiry into sexual abuse in schools and colleges prompted by the ‘Everyone’s Invited’ campaign (June 2021). Over a 3 year development period, we interviewed scores of young people who generously shared their reflections and experiences and their words became the verbatim material for the piece.

Mon 30th Oct
Tues 31st Oct
Wed 1 Nov
Thurs 2 Nov
Fri 3 Nov
Mon 6 Nov
Thur 9 Nov
Fri 10 Nov
We 15 Nov
Thurs 16 Nov
Mon 20 Nov
Tues 21 Nov
Wed 22 Nov
Thurs 23 Nov
Fri 24 Nov		 Harlow College (Essex)
Victory Academy (Kent)
St Leonards Academy (East Sussex)
Battle Abbey School (East Sussex)
Rosebery School (Surrey)
William de Ferrers (Essex)
Triple Crown Centre (West Midlands)
Deepings Academy (Cambridgeshire)
Deepings Academy (Cambridgeshire)
Furness Academy (Cumbria)
St Margaret’s House (East London)
Friern Barnet School (North London)
Royal Holloway University (West London)
Langdon Park School (East London)
Harris Academy (South East London)

This was the first theatre tour our company has produced outside of London since 2008. We were proud of the many relationships we built with schools in very different parts of England and the number of young people who participated in the making of the show by sharing their thoughts, opinions and experiences with us. We performed 16 shows in 15 different locations and reached almost 3000 young people aged 14-16, 70 young people aged 18-20 and 80 members of the general public. This was also the first musical we have ever produced. Some selected feedback below:

Students

I felt more comfortable with talking about situations that would have made me uncomfortable to talk about before the show – Year 10 student

I felt elevated … like I had just been awoken from my tomb of non-knowledge -Year 10 student

Teachers

‘The musical sensitively explored consent, pleasure and sexuality with equal measures of comedy and poignancy. Students commended the actors' ability to perform stunning harmonies, creative movement motifs and podcast accounts to blend the comedy and education harmoniously for maximum impact. We would like to thank Ice and Fire for their fantastic, thoughtprovoking modelling of outstanding theatre for education for our students .’

One student became visibly thrilled to hear mention of their own less-understood sexuality mentioned in the production and they have spoken about this to staff members since - it was a defining moment for them, in year 12.’

‘It was essential. Students enjoyed it and engaged well and were able to reflect on the impact this show had on them.’

4

Ice and Fire Theatre Company

Annual Report of the Trustees For the year ended 31 December 2023

Partner

Working with ice&fire on The Sex-Ed Musical was a total joy. Christine, the production team and the cast were friendly, kind and open throughout the process. The organisation has a strong approach to inclusivity and the mission of their work - putting young people's experiences and voices in this case at the heart of what they do. Seeing the show go from the seed of an idea to full-blown musical was a privilege and I'm so impressed with the care they put into sharing these important themes in a creative, engaging way. I'm excited to see where it goes next - all young people deserve to see this show! - Matilda Lawrence Jubb, Split Banana (Sex Education charity).

The Divide

We have been in pre-production for this show during 2023. Co-Artistic Director Christine Bacon has drafted the script, called A Fine Idea in response to Jason Hickel’s non fiction book about global inequality, The Divide. Christine and Dr Hickel have had a series of collaborative conversations as the play has taken shape. Dr Hickel has read the current draft of the script and has said:

“Christine Bacon’s play compels us to question dominant narratives about global poverty and inequality, illuminates its real causes, and points to inspiring alternative pathways to a fairer world. It is grounded in findings from cutting-edge research and intervenes at a time when coloniality and decoloniality have become major points of discussion. This work has my endorsement and I hope to see it on stage.”

3.2 Actors for Human Rights

In 2023 we delivered over 40 Actors for Human Rights (AFHR) events, overwhelmingly for universities (80% of which were for STAR or other SU societies and the remainder for faculties). We also did an event for City of Sanctuary campaigner training for people with lived experience of the asylum process; for service users at SurvivorsUK in the lead up to a participatory project; for 70 trainee GPs; for a solicitor’s firm exploring the possibility of providing legal aid/pro bono representation to people in the asylum process; for members of Student Action for Refugees at the organisation’s Annual General Meeting; at our own Queer Migrant Pride Festival and the Migrant Connections Festival. The project reached an audience of just under 4000 people this year, here is some feedback from attendees of AHFR events:

‘So often stories in the media around people in the asylum process are centered around facts, statistics and the violence they are often trying to leave behind. It was deeply moving and humanising to hear in their own words their personalities, hopes and dreams, the humour and joy they also encounter.’

‘I personally didn’t know there were immigration detention centres in the UK.’

I think it's good you do this at universities, especially for people at degree and post degree level. It means you talk to people who want to work in government (like me) and it's important we hear this.

It shows how little even masters law/politics students studying this directly, how little they understand of the system and it's implications. Makes this very important.

‘It made me really angry that this was the first time I’d learnt about this.’

‘So emotionally provoking and inspiring, as well as action motivating.’

Quantitative feedback:

76% rated the event 10/10 15% rated the event 9/10 8% rated the event 8/10 100% said they learnt something new 84% said the events had changed their opinion in some way

5

Ice and Fire Theatre Company

Annual Report of the Trustees For the year ended 31 December 2023

When asked what kind of action the event had inspired attendees to take (rather than simply if the event had inspired them to take action):

55% said the event inspired them to volunteer

65% said the event would inform their work or study 16% said the event inspired them to take ‘other’ action

We are constantly updating our AFHR scripts in order to ensure they reflect current policy and trends. This year we collected eight new testimonies for Asylum Monologues and This Is Who I Am . Testimonies are from people from Iran, Nigeria, Pakistan, Uganda, Malaysia and Sri Lanka, offering a broad spectrum of nationalities, ages, genders and reasons for seeking protection in the UK. These new testimonies are now being used in our ongoing events.

We built a new relationship with Ali Ghaderi, who has lived experience of the asylum system and who is also a performer. Ali has joined us on over a dozen events, where he reads his own testimony and sometimes the testimonies of others.

Papers

In collaboration with action groups coordinated by the Joint Council for the Welfare of Immigrants, Praxis and Greater Manchester Immigration Aid Unit, we have developed a new testimonial script for the AFHR project, Papers , focusing on migrants impacted by the suite of policies introduced by the government in 2012 under the banner of ‘the hostile environment.’ We interviewed nine individuals who shared their experiences about such themes as: the No Recourse to Public Funds conditions on family and other human rights related visas, the exorbitant cost of visa renewal which saddles migrant families with huge debts or leads to them being undocumented, and the ever-changing, increasingly punitive immigration rules which have seen families separated for years. During 2024, we will be offering free readings to local authority councillors (cross party) and staff across the country to engage policy enactors with how this increasingly punishing set of policies impact their constituents’ lives and how they (councils/councillors) can engage with and support people in their areas who are impacted.

People need to stop judging. People have migrated forever. My children are here. They are the future of this country. Be fair to them so they can contribute. I tell my girls they are going to be powerful. I am rooting for them.

3.3 Participation

Collaboration with Survivors UK

Throughout the first half of 2023 we ran a participatory project with SurvivorsUK, a charity that supports men and non binary survivors of sexual abuse. Sessions had a broad focus on general creative expression; running workshops on writing, clowning, improvisation and physical theatre. Some of the work created was shared with supporters with the participation of actor Andrew Garfield and actor/writer (and ice&fire trustee) Waleed Akhtar. We are planning an expansion on the project in 2024.

Queer Migrant Pride Festival

For Refugee week and LGBTQIA+ history month we ran a 'Queer Migrant Pride Fest' a day long free festival of queer migrant led/related arts and wellbeing performances and workshops at St Margaret’s House in Bethnal Green on June 24. The event was attended by over 150 people and feedback from attendees and contributors was overwhelmingly positive. We plan to make this an annual event.

76% rated the day 10/10 (with 0% rating it below 7/10) 50% of attendees were impacted by immigration/asylum policy and 50% weren't 100% said they'd come again

Highlights included:

6

Ice and Fire Theatre Company

Annual Report of the Trustees For the year ended 31 December 2023

3.4 Company

Christine Bacon and Seb Aguirre served as Co-Artistic Directors (both on 3 days per week) and Helen Clapp served as General Manager. We were lucky to have the support of numerous volunteers during the year, as well as the many hundreds of actors who are part of the Actors for Human Rights network and who were involved in our events across the UK. Special thanks to Eva Hibbs and Elahe Ziai who were instrumental with helping us update our AFHR scripts.

4. Financial Review

Funding for the Charity comes from a variety of sources including trusts and foundations, performance fees, commissions and ticket sales.

4.1 Financial Activity and Financial Position

The Statement of Financial Activities and Balance Sheet can be found on pages 10 and 11 respectively. The Charity’s reserves increased by £13,011 during the year (2022: increased by £7,410). The balance sheet shows total net assets of £72,286 (2022: £59,275).

Included in total funds are amounts totalling £48,162 (2022: £33,731) which are restricted. These monies have either been raised for, and their use restricted to, specific purposes, as specified by donors. Full details of these restricted funds can be found in note 9 to the accounts together with an analysis of movements in the year.

4.2 Reserves Policy

The Trustees have examined the requirements for free reserves, ie those unrestricted funds not invested in tangible fixed assets. The Trustees consider that, given the nature of the Charity’s work, free reserves should be equivalent to approximately 6 months’ operational expenditure. The Trustees are of the opinion that this provides sufficient flexibility to cover temporary shortfalls in incoming resources and will allow the Charity to cope and respond to unforeseen emergencies whilst specific action plans are implemented. At 31 December 2023 the Charity had net free reserves of £24,124 (2022: £25,544) as follows:

Total reserves
Less: restricted funds
Free reserves
Free reserves requirement:
6 month’s budgeted routine expenditure		 2023 2022
£
59,275
(33,731)
25,544
30,000
£
72,286
(48,162)
24,124
30,000

5. Plans for Future Periods

To increase our reach in the coming years, we are looking for strategic partnerships, especially with statutory agencies and in our work with schools and young people.

7

Ice and Fire Theatre Company

Annual Report of the Trustees For the year ended 31 December 2023

6. Responsibilities of Trustees for the Financial Statements

The Trustees are responsible for preparing the report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that period.

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

The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enables them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the governing document.

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. The Trustees are responsible for the maintenance and integrity of the Charity and financial information included in the Charity’s website.

7. Approval

The report of the Trustees was approved by the Trustees on 25 March 2024 and signed on its behalf by:

Neal Shah Trustee

8

Ice and Fire Theatre Company

Report of the Independent Examiner to the Trustees of Ice and Fire Theatre Company

I report on the accounts of the Charity for the year ended 31 December 2023, which are set out on pages 10 to 17.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

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.

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.

John Helm ACA 17 Heathville Road, London N19 3AL

25 March 2024

9

Ice and Fire Theatre Company

Statement of Financial Activities (incorporating the income and expenditure account) For the year ended 31 December 2023

Note
Income from:
2
Donations and legacies
Charitable activities
Other
Total Income
Expenditure on:
3
Raising funds
Charitable activities
Total Expenditure
Net income/(expenditure)
before tax
4
Tax payable
5

Net income/(expenditure)
after tax
Transfers between funds

Net movement in funds
Total funds brought forward

Total funds carried forward
 Unrestricted
Funds
2023
£

12,862
18,583
39,271		 Restricted
Funds
2023
£
93,470
207
-
93,677
416
86,830
87,246
6,431
-
6,431
(1,528)
4,903
33,731
38,634		 Unrestricted
Funds
2022
£
11,376
1,236
-




Restricted
Funds
2022
£
69,350
27,768
-
97,118
8
80,807
80,815
16,303
-
16,303
(6,615)
9,688
24,043
33,731		 Total
2022
£
80,726
29,004
-
Total
2023
£
106,332
18,790
39,271
70,716 12,612 109,730
164,393
1,060
63,076
64,136
6,580
-
6,580
1,528
8,108
25,544
33,652		 260
21,245		 268
102,052
1,476
149,906
21,505 102,320
151,382
(8,893)
-		 7,410
-
13,011
-
(8,893)
6,615		 7,410
-
13,011
-
(2,278)
27,822		 7,410
51,865
13,011
59,275
25,544 59,275
72,286

10

Ice and Fire Theatre Company

Balance Sheet As at 31 December 2023

Fixed Assets
Tangible Assets
6
Current Assets
Debtors
Cash At Bank And In Hand
Creditors - Amounts Falling
Due Within One Year
7
Net Current Assets
Net Assets
Represented By:
Restricted Funds
8
Unrestricted Income Funds
Total Funds		 Unrestricted
Funds
2023
£
-
39,271
(11,477)
27,794
(3,670)
24,124
24,124
-
24,124
24,124		 Restricted
Funds
2023
£
-
3,000

45,162
48,162

-
48,162
48,162
48,162
-
48,162		 Total
2022
£
-
8,000
59,011






)
Total
2023
£
0
42,271
33,685
67,011
(7,736
75,956
(3,670)
59,275
72,286
59,275
72,286
33,731
25,544
48,162
24,124
59,275
72,286

For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

They were approved by the Trustees on 25 March 2024 and signed on their behalf by:

Neal Shah Trustee

11

Ice and Fire Theatre Company

Notes to the Financial Statements For the year ended 31 December 2023

1. Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Basis of accounting

The financial statements have been prepared under the Charities Act 2011, the Companies act 2006 and in accordance with the Charities Statement of Recommended Practice (Charities SORP (FRS 102)) and Financial Reporting Standard 102 (FRS 102). The financial statements are drawn up on the historical cost basis of accounting.

The Charity meets the definition of a public benefit entity under FRS 102.

Going Concern

There are no material uncertainties about the charity’s ability to continue as a going concern and accordingly the accounts have been drawn up on a going concern basis.

Income recognition

Voluntary income and donations (including legacies) are accounted for once the Charity has entitlement to the income, it is probable the income will be received and the amount of income receivable can be reliably measured. Income from the recovery of tax on gift aided donations is accounted for in the period to which the relevant donation is received. Grant income is recognised on a receivable basis.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the bank.

Expenditure recognition

Expenditure is accrued as soon as a liability is considered probable, and the amount of obligation can be measured reliably. Longer term liabilities are discounted to present value. The Charity is not registered for VAT and accordingly expenditure includes VAT where appropriate.

Expenditure included in Raising Funds includes amounts incurred in obtaining grants and other donations.

Charitable expenditure includes those costs in fulfilling the Charity’s principal objects, as outlined in the Report of the Trustees. Charitable expenditure includes governance costs and an apportionment of support costs. Governance costs comprise all costs involving the public accountability of the Charity and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees.

Rentals under operating leases are charged as incurred over the term of the lease.

Tangible Fixed Assets

The cost of furniture, fittings and equipment, less any expected residual value, is depreciated at 25% per annum on a straight line basis.

Debtors

Debtors are included at the settlement amount due. Prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of opening of the deposit.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount.

12

Ice and Fire Theatre Company

Notes to the Financial Statements For the year ended 31 December 2023

1. Accounting Policies (continued)

Fund accounting

The funds held by the charity are either:

2. Income

Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
Donations & legacies
Donations
1,334
-
Income tax reclaimed
28
-
Grants
11,500
93,470
12,862
93,470
Charitable activities
Performance
17,908
-
Project & facilitator fees
675
207
18,583
207
Other
Theatre tax relief
39,271
-
70,716
93,677		 Total
2022
£
3,326
50
77,350
Total
2023
£
1,334
28
104,970
80,726
18,619
10,385
106,332
17,908
882
29,004
-
18,790
39,271
109,730
164,393

Grants in 2023 were received as follows:

£
Arts Council England 30,000
AurumCharitableTrust 2,000
Edith Maud Ellis CharitableTrust 2,000
EvanCornish Foundation 8,000
GardenCourt Chambers 3,000
Mbilitrust 1,000
UnityTheatreTrust 1,000
Christina Smith Foundation 7,500
FoyleFoundation 7,500
MulberryTrust 7,500
Network forSocialChange 20,000
Dishcma CharitableTrust 2,680
Oak Foundation 10,790
School forSocial Entrepreneurs 2,000
104,970

13

Ice and Fire Theatre Company

Notes to the Financial Statements For the year ended 31 December 2023

3. Expenditure

3a. Raising Funds

Fundraising Direct
costs
£
Support
costs
(note 3c)
£
1,476
-



Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
1,060
416



Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
1,060
416



Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
1,060
416		 Total
2022
£
268
Total
2023
£
1,476

3b. Charitable Activities

Direct
costs
£
Support
costs
(note 3c)
£
Production
94,268
3,431
Outreach
38,275
6,862
Participation
21,277
1,143
153,820
11,436

Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
39,722
57,977
22,211
22,926
1,143
5,927
63,076
86,830

Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
39,722
57,977
22,211
22,926
1,143
5,927
63,076
86,830

Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
39,722
57,977
22,211
22,926
1,143
5,927
63,076
86,830		 Total
2022
£
38,676
57,039
6,337
102,052
Total
2023
£
97,699
45,137
7,070
149,906

Support costs in 2023 have been allocated to activities on a % basis: 30% (2022: 50%) production, 60% (2022: 50%) outreach and 10% (2022: 0%) participation.

3c. Allocation of 2023 support costs to charitable and fundraising activities


Fundraising/income generation (see note 3a)
Charitable activities (see note 3b)		 Staff &
personnel
costs
£
-
9,251
9,251		 Office
costs
£
Premises &
equipment
£
Governance
£
-
-
-
732
-
1,453
732
0
1,453
Total
£
-
11,436
11,436

Basis of allocation of support costs is 100% to charitable activities.

14

Ice and Fire Theatre Company

Notes to the Financial Statements For the year ended 31 December 2023

3. Expenditure (continued)

3d. Staff costs

The Charity was staffed during the year ended 31 December 2023 by both contracted and employed individuals. Included within expenditure are the following costs of employed individuals:

Wages and salaries
Social security costs
Employer Allowance
Pension contributions
Employee benefits
Of which: wages and salaries and employee benefits paid in respect
of key management personnel		 2023 2022
£
52,687
4,920
(4,744)
1,181
1,170
55,214
53,001
£
52,417
4,560
(4,509)

1,246
739
54,453
53,138

The number of employed individuals during the year was 3 (2022: 3). The number of contracted individuals during the year was nil (2022: 2). No employed or contracted individual received payments in excess of £60,000 during the year.

4. Net income/(expenditure) before tax

This is stated after charging:
Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
Independent Examiner’s remuneration
1,440
-
Depreciation – owned assets
-
-		 Total
2022
£
1,400
-
Total
2023
£
1,440
-

5. Tax Payable

As a charity, Ice & Fire Theatre Company is exempt from tax on income and gains falling within the provisions of the Corporation Taxes Act 2010 or the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen on the Charity.

15

Ice and Fire Theatre Company

Notes to the Financial Statements For the year ended 31 December 2023

6. Tangible Fixed Assets

6. Tangible Fixed Assets
Office
equipment
£
Cost
At 1 January 2023 6,623
Additions -
Disposals -
At 31 December 2023 6,623
Depreciation
At 1 January 2022 6,623
Charge for year -
Disposals -
At 31 December 2023 6,623
Net Book Value
At 31 December 2023 0
At 31 December 2022 0

All of the fixed assets are used for charitable purposes.

7. Debtors

Theatre Tax Relief receivable
Grants receivable		 2023 2022
£
-
8,000
8,000
£
39,271
3,000
42,271

8. Creditors – Amounts Falling Due Within One Year

Other creditors including taxation and social security
Accruals		 2023 2022
£
6,336
1,400
7,736
£
2,270
1,400
3,670

16

Ice and Fire Theatre Company

Notes to the Financial Statements For the year ended 31 December 2023

9. Restricted Funds

9a Current Year
Production
Outreach
Participation		 At 1
January
2023
£
16,163
14,305
3,263
33,731		 At 1
January
2023
£
16,163
14,305
3,263
33,731		 Income
£
Expenditure
£
Transfers
£
67,079
(58,377)
(8,000)
23,918
(22,926)
6,472
2,680
(5,943)
-
93,677
(87,246)
(1,528)		 Income
£
Expenditure
£
Transfers
£
67,079
(58,377)
(8,000)
23,918
(22,926)
6,472
2,680
(5,943)
-
93,677
(87,246)
(1,528)		 Income
£
Expenditure
£
Transfers
£
67,079
(58,377)
(8,000)
23,918
(22,926)
6,472
2,680
(5,943)
-
93,677
(87,246)
(1,528)		 Income
£
Expenditure
£
Transfers
£
67,079
(58,377)
(8,000)
23,918
(22,926)
6,472
2,680
(5,943)
-
93,677
(87,246)
(1,528)		 At 31 At 31
December
2023
£
16,865
21,769
0
38,634

The transfers of £1,528 from restricted to unrestricted funds was to correct a prior year error.

9b Prior Year
Production
Outreach
Participation		 At 1
January
2023
£
19,470
2,399
2,174
24,043		 At 1
January
2023
£
19,470
2,399
2,174
24,043		 Income
£
Expenditure
£
Transfers
£
30,122
(28,988)
(4,441)
57,396
(45,490)
-
9,600
(6,337)
(2,174)
97,118
(80,815)
(6,615)		 Income
£
Expenditure
£
Transfers
£
30,122
(28,988)
(4,441)
57,396
(45,490)
-
9,600
(6,337)
(2,174)
97,118
(80,815)
(6,615)		 Income
£
Expenditure
£
Transfers
£
30,122
(28,988)
(4,441)
57,396
(45,490)
-
9,600
(6,337)
(2,174)
97,118
(80,815)
(6,615)		 Income
£
Expenditure
£
Transfers
£
30,122
(28,988)
(4,441)
57,396
(45,490)
-
9,600
(6,337)
(2,174)
97,118
(80,815)
(6,615)		 At 31 At 31
December
2023
£
16,163
14,305
3,263
33,731

The transfers of £4,441 from production and £2,174 from participation to unrestricted funds were to correct historic errors.

Descriptions of restricted funds are as follows:

10. Related Party Transactions

No Trustee received any financial benefits through their association with the charity.

Trustees made aggregate unrestricted donations of £nil (2022: £nil) during the year.

11. Members’ Funds

The Charity is a company limited by guarantee without a share capital. Instead of a share capital, each member guarantees to pay not more than £10 in the event of the company's dissolution. The amount of the members' guarantee represents a contingent asset to the company which will crystallise only if the company goes into liquidation. As the company is a going concern, the members have no obligation to pay the sum guaranteed.

17