**Charity registration number 1120663**
**Company registration number 04267423 (England and Wales)**
## **TUTTI FRUTTI PRODUCTIONS**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2022**
## **TUTTI FRUTTI PRODUCTIONS**
## **CONTENTS**
||**Page**|
|---|---|
|Legal and administrative information|1|
|Trustees' report|2 - 4|
|Statement of trustees' responsibilities|5|
|Independent examiner's report|6|
|Statement of financial activities|7 - 8|
|Statement of financial position|9|
|Notes to the financial statements|10 - 20|
## **TUTTI FRUTTI PRODUCTIONS**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|Mr C Richmond (Chair)||
|---|---|---|
||Ms S Grantham|(Resigned 20 October 2021)|
||Ms C Lister||
||Mrs A Ollive||
||Mr S Thomas||
||Mr N Stevenson||
||Mr M Harper-Hardcastle||
||Ms A Ellison||
||Ms N Lee|(Appointed 20 April 2022)|
|**Secretary**|E Killick||
|**Charity number**|1120663||
|**Company number**|04267423||
|**Principal address**|Shine||
||Harehills Road||
||Leeds||
||LS8 5HS||
|**Registered office**|Shine||
||Harehills Road||
||Leeds||
||LS8 5HS||
|**Independent examiner**|N Clemit ACA, FCCA||
||JWPCreers LLP||
||Chartered Accountants||
||Genesis 5||
||Church Lane||
||York||
||YO10 5DQ||
|**Bankers**|The Co-operative Bank Plc||
||PO Box 250||
||Delf House||
||Southway||
||Skelmersdale||
||Lancashire||
||WN8 6WT||
|**Key management personnel**|Mrs W J Harris - Artistic Director||
||Ms E Killick - Executive Director||
- 1 -
## **TUTTI FRUTTI PRODUCTIONS**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
The trustees present their annual report and financial statements for the year ended 31 March 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "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 published in October 2019".
The legal and administrative information page forms part of this report.
## **Objectives and activities**
The objects of the charity are to advance education for the public benefit by the promotion of the arts, in particular but not exclusively the art of drama.
In order to achieve these objects the charity:
- creates quality theatre for children and family audiences
- tours regionally, nationally and internationally to venues, rural settings and schools
- runs projects that nurture and develop artists for the children’s theatre sector
- delivers creative participative projects for children
The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the trust’s aims and in planning future activities.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Activities of the Charity**
Covid-19 continued to impact on our work as we embarked on the new financial year in April 2021. However, we have remained flexible and adaptable and worked hard to deliver an inspiring, representative, covid-safe programme of work for children, schools and families over the year. This work has ensured we have remained engaged, relevant and meaningful to our audiences and the freelance artists we work with.
More specifically, the Charity’s activities have benefited the public throughout the year through:
## **Digital Stories**
A further five digital stories for children aged 3+ and their families and carers were produced, funded by the Peter Sowerby Foundation. The stories spotlighted global majority and/or disabled authors and creatives who directed, performed, filmed, edited and composed and designed the stories. Each story had a creative activity relating to the story at the end of it. 10 global majority and/or disabled creatives were employed on the project and the stories were viewed by 3,444 children and their families.
## **Sweet Dreams by Mike Kenny**
Having postponed this touring project from 2020, it became apparent in spring 2021 that it was not going to be possible to make and tour a production due to the prolongation of Covid-19. So, the show was adapted into a 30-minute audio play by award-winning writer Mike Kenny about the wonders and benefits of sleep. Working with partners Sheffield NHS Children’s Hospital, The Sleep Charity and Dubit on the creation of the play, and professional recording company Naked Productions on the creation of the audio version. Three podcasts were also made – for teachers, parents and children - all of which were presented by Zoe Salmon introducing an array of guests talking about how different aspects of sleep. A fun interactive Sleep-Time Karting game was devised, by Dubit and students from the RCA, to measure children’s sleep behaviours. 1,413 children and families listened to the audio play and podcasts.
## **So Much**
The Carriageworks Theatre, Leeds commissioned the charity to create a performed reading of the popular book _So Much_ by Trish Cooke in order to encourage audiences to return to the theatre after lockdown. In Covid-safe conditions over summer half term the story was performed 6 times over 2 days to small groups of family audiences. The show was performed by Lladel Bryant with design by Warda Abassi.
## **The Princess and the Pea by Mike Kenny**
Under Covid-safe conditions this popular production was rehearsed and toured in autumn 2021. Despite being a challenge, the tour was a success and only 5 shows were cancelled due to the pandemic. The production toured nationally for 5 weeks and then did two Christmas runs at Leeds Libraries and The Stables in Milton Keynes. It reached 7,601 audiences over 93 performances at a time when audiences were still very reluctant to return to theatres.
## **Jerwood Weston Creative Busaries**
A successful application was made in partnership with Leeds Playhouse, for a Weston Jerwood Bursary for a designer to work with the two companies for a year. Local designer Warda Abassi was the successful candidate and she designed the project _So Much_ and was assistant designer on _The Princess and the Pea._ A further successful application has been made for a bursary for designers for a two year period.
- 2 -
## **TUTTI FRUTTI PRODUCTIONS**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **Playspace**
Support of freelance artists continued this year through the creation of a short programme called Playspace. This was a quarterly online gathering where past artists that had worked for the charity, could socialise and discuss themes of wellbeing, creativity and purpose.
## **Arts Engagement**
Five years funding was successfully secured from Didymus Charity to develop a new programme of arts engagement in the Harehills area of Leeds and its environs. A Project Co-ordinator was appointed to lead the engagement work and Suvi Saraf was welcomed into the team in January 2022. She started work immediately on the tutti fruti club, an arts engagement programme for primary school aged children in partnership with Harehills Primary, and ran a taster session for the children in March 2022. She also began networking with local organisations and community members to begin the develop a steering group for the arts engagement work.
## **Live Little Stories for Leeds**
Further to the consortium project in July 2020, that brought together children’s theatre-makers from Leeds to create a day of short performances for invited audiences of children and families funded by Leeds 2023, a research and development day took place with all the partners to explore how the group might contribute to the Leeds 2023 City of Culture initiative.
## **Metaverse Project**
In collaboration with children’s digital gaming company Dubit, a digital pilot project funded by Leeds 2023 took place whereby a group of 6 children responded to stimuli on sustainability in a platform created by Dubit. They then took their ideas and created a virtual world in Roblox and the children met again to look round the world and talk further. The project was a new venture for the charity and there are plans to broaden the project to connect to schools in the global south.
## **Financial review**
The financial impact of Covid-19 on the Charity has continued to be significant with many plans being changed, cancelled or adapted. The charity has, however, proved enterprising in creating new projects which have kept it active, relevant and continuing to fulfil its mission whilst retaining and adding to the staff team. The digital stories attracted more funding which, together with support from the Government’s Job Retention Scheme, several Covid business support funds and continued support through grant funding from Arts Council England and Leeds City Council, has meant the Charity has managed to continue to weather this difficult time generating a surplus on the year.
The Charity has had continued success this year in fundraising and has employed Fundraising Manager Janet Myers on a freelance basis. She and the team have successfully generated funds for current and future projects from Wades Charity (£3,000), Mohn Westlake £2,500, Peter Sowerby Foundation (£19,583), Didymus Charity (£50,000 over 5 years) and Leeds 2023 (£1,667), in addition to retaining funding from the Wellcome Trust (£40,000) and Garfield Weston Foundation (£10,000) for the postponement of _Sweet Dreams_ . Funding was also jointly secured with Leeds Playhouse from the Jerwood Weston Foundation.
The Charity is supported by Arts Council England and Leeds City Council to whom it extends great thanks. Thanks also go to all the funders that have supported work this year – Wades Charity, Leeds Inspired, Peter Sowerby Foundation, Garrick Charitable Trust, Leeds 2023, Didymus Charity, Wellcome Trust, Garfield Weston Foundation, and those funding projects over the forthcoming year – George A Moore, Leeds Inspired and Didymus Charity.
*Those who are ethnically and culturally diverse, and who experience racism in our society.
## **Reserves policy**
The trustees have established the level of reserves that the charity should have as amounting to twelve months operating costs at a minimum due to the current climate and future funding uncertainties. At 31 March 2022 the charity has free reserves of £222,549 (2021: £180,695) which equates to 14 (2021: 12) months operating costs.
## **Risk management**
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Structure, governance and management**
The charity is a company limited by guarantee by its Memorandum of Articles of Association dated 9 August 2001. The company adopted revised Memorandum of Articles of Association on 26 th January 2011 when it became a charity. A further amendment was made to the Memorandum of Articles of Association at the AGM on 14 th October 2015 in which the number of trustees was increased from 7 to 9.
Trustees to run the charity are identified through contacts within the arts and education fields, by advertising through organisations like Arts Council of England, NCVO, board banks and targeted advertising for specific skill requirements and diversity.
- 3 -
## **TUTTI FRUTTI PRODUCTIONS**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
The trustees' r eport was approved by the Board of Trustees.
Colin Richmond Signed on 04/11/22 @ 10:15
Mr C Richmond (Chair) Trustee Date: 2 November 2022
- 4 -
## **TUTTI FRUTTI PRODUCTIONS**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** _**FOR THE YEAR ENDED 31 MARCH 2022**_
The trustees, who are also the directors of tutti frutti productions for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law 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, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They 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 on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
- 5 -
## **TUTTI FRUTTI PRODUCTIONS**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF TUTTI FRUTTI PRODUCTIONS**
I report to the trustees on my examination of the financial statements of tutti frutti productions (the charity) for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity 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 the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants, which is one of the listed bodies.
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 charity as required by section 386 of the 2006 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements 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 financial statements 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 financial statements to be reached.
## N P Clemit
Countersigned on 07/11/22 @ 08:03
## **N Clemit ACA, FCCA**
JWPCreers LLP Chartered Accountants Genesis 5 Church Lane York YO10 5DQ
Dated: 2 November 2022
- 6 -
## **TUTTI FRUTTI PRODUCTIONS**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **CURRENT FINANCIAL YEAR**
|**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general**
**d esignated**
**2022**
**2022**
**2022**
**Notes**
**£**
**£**
**£**
**Income**
Donations and legacies
**2**
208,370
-
16,014
Charitable activities
**3**
62,374
-
29,250
Investments
**4**
73
-
-
**Total income**
270,817
-
45,264
**Expenditure**
Raising funds
**5**
9,439
-
-
Charitable activities
**6**
262,409
5,415
69,120
**Total expenditure**
271,848
5,415
69,120
Theatre tax relief
18,630
-
-
**Net income/(expenditure) before transfers**
17,599
(5,415)
(23,856)
Gross transfers between funds
24,811
24,200
(49,011)
**Net movement in funds**
42,410
18,785
(72,867)
Fund balances at 1 April 2021
185,904
26,200
73,252
**Fund balances at 31 March 2022**
228,314
44,985
385|**Total**
**2022**
**£**
224,384
91,624
73
316,081
9,439
336,944
346,383
18,630
(11,672)
-
(11,672)
285,356
273,684|Total
2021
**£**
192,630
84,699
673|
|---|---|---|
|||278,002|
|||22,977
252,966|
|||275,943|
|||13,414|
|||15,473
-|
|||15,473
269,883|
|||285,356|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 7 -
## **TUTTI FRUTTI PRODUCTIONS**
## **STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **PRIOR FINANCIAL YEAR**
|**Unrestricted**
**Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general**
**d esignated**
**2021**
**2021**
**2021**
**Notes**
**£**
**£**
**£**
**Income**
Donations and legacies
**2**
186,112
-
6,518
Charitable activities
**3**
38,916
-
45,783
Investments
**4**
673
-
-
**Total income**
225,701
-
52,301
**Expenditure**
Raising funds
**5**
22,977
-
-
Charitable activities
**6**
181,519
1,800
69,647
**Total expenditure**
204,496
1,800
69,647
Theatre tax relief
13,414
-
-
**Net income/(expenditure) before transfers**
34,619
(1,800)
(17,346)
Gross transfers between funds
(98)
-
98
**Net movement in funds**
34,521
(1,800)
(17,248)
Fund balances at 1 April 2020
151,383
28,000
90,500
**Fund balances at 31 March 2021**
185,904
26,200
73,252|**Total**
**2021**
**£**
192,630
84,699
673|
|---|---|
||278,002|
||22,977
252,966|
||275,943|
||13,414|
||15,473
-|
||15,473
269,883|
||285,356|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 8 -
## **TUTTI FRUTTI PRODUCTIONS**
## **STATEMENT OF FINANCIAL POSITION**
## _**AS AT 31 MARCH 2022**_
|**Notes**
**Fixed assets**
Tangible assets
**10**
**Current assets**
Debtors
**11**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
**12**
Net current assets
**Total assets less current liabilities**
**Income funds**
Restricted funds
**14**
Unrestricted funds
Designated funds
**15**
General unrestricted funds|**2022**
**£**
49,980
255,157
305,137
(33,638)
44,985
228,314|**£**
2,185
271,499
273,684
385
273,299
273,684|**2021**
**£**
20,353
289,331
309,684
(25,257)
26,200
185,904|**£**
929
284,427|
|---|---|---|---|---|
|||||285,356|
|||||73,252
212,104|
|||||285,356|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2022.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 2 November 2022
Colin Richmond Abbi Ollive Signed on 04/11/22 @ 10:15 Signed on 06/11/22 @ 18:07 Mr C Richmond (Chair) Mrs A Ollive **Trustee Trustee**
## Abbi Ollive
## **Company registration number 04267423**
- 9 -
## **TUTTI FRUTTI PRODUCTIONS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **1 Accounting policies**
## **Charity information**
tutti frutti productions is a private company limited by guarantee incorporated in England and Wales. The registered office is Shine, Harehills Road, Leeds, LS8 5HS.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, "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) (issued in October 2019)" and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102).
The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling , which is the functional currency of the charity .
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements .
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the charitable objectives.
Designated funds are unrestricted funds of the charity which have been set aside to fund particular future activities of the charity.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **1.4 Income**
All income is accounted for when the charity has entitlement to the funds, certainty of receipt and the amount is measurable.
## **Donated services and facilities**
These are included in income (with an equivalent amount in expenditure) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
## **1.5 Expenditure**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where expenditure cannot be directly attributed to particular headings they have been allocated to activities as a basis consistent with the use of resources.
Raising funds relates to those costs incurred in obtaining donations and legacies.
Costs of charitable activities include the cost of performances and other activities undertaken to further the purpose of the charity.
- 10 -
## **TUTTI FRUTTI PRODUCTIONS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **1 Accounting policies**
**(Continued)**
## **1.6 Tangible fixed assets**
Tangible fixed assets costing more than £500 are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
|Musical & Stage equipment|25% straight line|
|---|---|
|Fixtures and fittings|20% straight line|
|Computers|33% straight line|
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities .
## **1.7 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.8 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity 's balance sheet when the charity becomes party to the contractual provisions of the instrument.
## _**Basic financial assets**_
Basic financial assets are measured at transaction price including transaction costs.
## _**Basic financial liabilities**_
Basic financial liabilities are recognised at transaction price.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised at transaction price .
## **1.9 Theatre tax relief**
Where the company incurs qualifying losses in respect of theatre productions, the company has decided that these will be surrendered for a cash payment from HMRC under the Theatre Tax Credit regime. The estimated claims are provided in the accounts.
## **2 Donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**general**
**2022**
**2022**
**£**
**£**
Arts Council - Core funding
181,991
-
Leeds City Council
25,521
15,000
Other donations
858
1,014
208,370
16,014|**Total**
Unrestricted
Restricted
funds
funds
general
**2022**
2021
2021
**£**
£
£
181,991
181,991
-
40,521
4,000
6,518
1,872
121
-
224,384
186,112
6,518|Total
2021
£
181,991
10,518
121|
|---|---|---|
|||192,630|
- 11 -
## **TUTTI FRUTTI PRODUCTIONS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **3 Charitable activities**
||**Charitable**|**Charitable**|
|---|---|---|
||**Income**|**Income**|
||**2022**|**2021**|
||**£**|**£**|
|Touring fees|46,160|(551)|
|Services|7,367|7,673|
|Performance related grants|27,583|45,783|
|HMRC furlough grant|10,514|31,794|
||91,624|84,699|
|Analysis by fund|||
|Unrestricted funds - general|62,374|38,916|
|Restricted funds|29,250|45,783|
||91,624|84,699|
|**Performance related grants**|||
|Wades charity grant|3,000|2,500|
|Didymus charity|2,500|-|
|Peter Sowerby Foundation|19,583|-|
|Leeds 2023|-|20,000|
|Leeds Inspired|-|1,200|
|CAF|-|19,583|
|Mohn Westlake Arts Trust|2,500|2,500|
||27,583|45,783|
## **4 Investments**
||**Unrestricted**|Unrestricted|
|---|---|---|
||**funds**|funds|
||**general**|general|
||**2022**|2021|
||**£**|£|
|Interest receivable|73|673|
- 12 -
## **TUTTI FRUTTI PRODUCTIONS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **5 Raising funds**
|**6**|**Unrestricted**
Unrestricted
**funds**
funds
**general**
general
**2022**
2021
**£**
£
Fundraising and publicity
Fundrai ser
1,300
2,900
Salaries
8,139
20,077
9,439
22,977
**Charitable activities**
**Charitable**
**Expenditure**
**Charitable**
**Expenditure**
**2022**
**2021**
**£**
**£**
Depreciation
557
410
Pre-production costs
2,433
7,744
Production costs
157,033
134,231
Touring costs
81,275
29,834
Travel expenses
128
86
Subscriptions
1,585
1,636
Interpreter
1,301
-
244,312
173,941
Share of support costs (see note 7)
89,757
75,052
Share of governance costs (see note 7)
2,875
3,973
336,944
252,966
**Analysis by fund**
Unrestricted funds - general
262,409
181,519
Unrestricted funds - designated
5,415
1,800
Restricted funds
69,120
69,647
336,944
252,966|**Unrestricted**
Unrestricted
**funds**
funds
**general**
general
**2022**
2021
**£**
£
Fundraising and publicity
Fundrai ser
1,300
2,900
Salaries
8,139
20,077
9,439
22,977
**Charitable activities**
**Charitable**
**Expenditure**
**Charitable**
**Expenditure**
**2022**
**2021**
**£**
**£**
Depreciation
557
410
Pre-production costs
2,433
7,744
Production costs
157,033
134,231
Touring costs
81,275
29,834
Travel expenses
128
86
Subscriptions
1,585
1,636
Interpreter
1,301
-
244,312
173,941
Share of support costs (see note 7)
89,757
75,052
Share of governance costs (see note 7)
2,875
3,973
336,944
252,966
**Analysis by fund**
Unrestricted funds - general
262,409
181,519
Unrestricted funds - designated
5,415
1,800
Restricted funds
69,120
69,647
336,944
252,966|
|---|---|---|
|||173,941
75,052
3,973|
|||252,966|
|||181,519
1,800
69,647|
|||252,966|
- 13 -
## **TUTTI FRUTTI PRODUCTIONS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **7 Support costs**
|**2022**
**Support costs**
**Governance**
**costs**
**£**
**£**
Salaries
51,359
-
Depreciation (including loss
on disposal)
1,759
-
Office rent and rates
11,243
-
Telephones and internet
1,367
-
Books, printing and stationery
148
-
Postage
47
-
Insurance
1,842
-
Equipment and IT costs
4,128
-
Training
3,383
-
Sundry expenses
4,230
-
Legal and professional fees
2,039
-
Finance officer
2,032
-
Business development
6,180
-
Independent examiners fee
-
2,255
Annual report
-
620
89,757
2,875
Analysed between
Charitable activities
89,757
2,875|2021
**2022**
Support costs
Governance
costs
**£**
£
£
51,359
40,596
-
1,759
521
-
11,243
11,663
-
1,367
1,345
-
148
756
-
47
108
-
1,842
3,015
-
4,128
2,879
-
3,383
574
-
4,230
4,740
-
2,039
2,730
-
2,032
3,859
-
6,180
2,266
-
2,255
-
2,490
620
-
1,483
92,632
75,052
3,973
92,632
75,052
3,973|2021
£
40,596
521
11,663
1,345
756
108
3,015
2,879
574
4,740
2,730
3,859
2,266
2,490
1,483|
|---|---|---|
|||79,025|
|||79,025|
Independent examiners fees is made up as follows: -
||**2022**|**2021**|
|---|---|---|
|Accountancy fees|£1,357|£1,090|
|Independent examination|£1,773|£1,400|
|Under/over provision in accrual|£875|-|
## **8 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **9 Employees**
The average monthly number of employees during the year was:
||**2022**|**2021**|
|---|---|---|
||**Number**|**Number**|
|Total|5|4|
|Full time equivalents|3.8|3.3|
- 14 -
## **TUTTI FRUTTI PRODUCTIONS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
|**9**
**Employees**
**Employment costs**
Wages and salaries
Social security costs
Other pension costs
|**(Continued)**
**2022**
**2021**
**£**
**£**
128,215
125,528
7,657
8,521
6,182
6,293
142,054
140,342|
|---|---|
The total paid to key management personnel during the year was £94,238 (2021: £93,695).
|**10**
**Tangible fixed assets**
**Musical &**
**Stage**
**equipment**
**Fixtures and**
**fittings**
**Computers**
**£**
**£**
**£**
**Cost**
At 1 April 2021
3,537
449
14,793
Additions
590
-
2,983
Disposals
-
-
(733)
At 31 March 2022
4,127
449
17,043
**Depreciation**
At 1 April 2021
3,128
449
14,273
Depreciation charged in the year
557
-
1,515
Eliminated in respect of disposals
-
-
(488)
At 31 March 2022
3,685
449
15,300
**Carrying amount**
At 31 March 2022
442
-
1,743
At 31 March 2021
409
-
520
**11**
**Debtors**
**2022**
**Amounts falling due within one year:**
**£**
Trade debtors
1,440
Theatre tax relief
32,044
Prepayments and accrued income
16,496
49,980|**Total**
**£**
18,779
3,573
(733)
21,619
17,850
2,072
(488)
19,434
2,185
929
**2021**
**£**
-
13,414
6,939
20,353|
|---|---|
- 15 -
## **TUTTI FRUTTI PRODUCTIONS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2022**_
|**12**|**Creditors: amounts falling due within one year**||||
|---|---|---|---|---|
||||**2022**|**2021**|
|||**Notes**|**£**|**£**|
||Deferred income|**13**|25,440|13,586|
||Other creditors||4,293|4,320|
||Accruals||3,905|7,351|
||||33,638|25,257|
|**13**|**Deferred income**||||
||||**2022**|**2021**|
||||**£**|**£**|
||Other deferred income||25,440|13,586|
||||**2022**|**2021**|
||||**£**|**£**|
||Balance b/f||13,586|47,964|
||Amount released to income in the year||(13,586)|(47,964)|
||Amount deferred in the year||25,440|13,586|
||||25,440|13,586|
Deferred income relates to grant income received relating to future years.
## **14 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
|||**Movement in funds**|**Movement in funds**|||
|---|---|---|---|---|---|
||**Balance at**|**Incom e**|**Expenditure**|**Transfers**|**Balance at**|
||**1 April 2021**||||**31 March 2022**|
||**£**|**£**|**£**|**£**|**£**|
|Sweet Dreams Fund|57,468|964|(20,357)|(38,075)|
-|
|CAF Digital Stories|10,393|-|(8,536)|(1,857)|
-|
|LLSL 2020|2,037|-|(1,225)|(812)|
-|
|SQ Digital|854|-|-|(854)|
-|
|Global majority artist|2,500|-|(2,500)|-|-|
|Leeds Libraries digital stories|-|17,550|(12,550)|(5,000)|
-|
|Arts Engagement|-|2,500|(2,115)|-|385|
|Metaverse|-|1,667|(2,039)|372|-|
|Princess and Pea 2021|-|3,000|(3,000)|-|-|
|Sowerby Stories|-|19,583|(16,798)|(2,785)|
-|
||73,252|45,264|(69,120)|(49,011)|
385|
- 16 -
## **TUTTI FRUTTI PRODUCTIONS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **14 Restricted funds**
## **(Continued)**
|||**Movement in funds**|**Movement in funds**|||
|---|---|---|---|---|---|
||**Balance at**|**Incom e**|**Expenditure**|**Transfers**|
**Balance at**|
||**1 April 2020**||||**31 March 2021**|
||**£**|**£**|**£**|**£**|
**£**|
|Sweet Dreams Fund|90,500|-|(33,032)|-|
57,468|
|CAF Digital Stories|-|19,583|(9,190)|-|
10,393|
|LLSL 2020|-|20,000|(17,963)|-|
2,037|
|SQ Digital|-|3,700|(2,846)|-|
854|
|Global majority artist|-|2,500|-|-|
2,500|
|Leeds Libraries digital stories|-|6,518|(6,616)|98|
-|
||90,500|52,301|(69,647)|98|
73,252|
## **Sweet Dreams Fund**
This fund represents funding received from Welcome Trust and Garfield Weston Foundation towards the production of Sweet Dreams. Catalyst funding previously allocated to aid this project was not all needed as the show was not able to tour as planned due to Covid, therefore the remainder has been allocated back to core.
## **CAF Digital Series**
This fund represents funding received from Charities Aid Foundation to produce 5 digital stories. The transfer is towards management fees for the project.
## **LLSL 2020**
This fund represents Little Live Stories for Leeds. Funds were received from Leeds 2023 towards a collaboration between children's theatre makers across Leeds to create a COVID-safe day of performances on 7 sites across the city. The transfer is towards management fees for the project.
## **SQ Digital**
This fund represents funding from the Wades Charity and Leeds Inspired towards a digital story of the production of the Snow Queen. The transfer is towards management fees for the project.
## **Global Majority artist**
This fund represents funding received from the Garrick Charitable Trust towards nurturing a global artist.
## **Leeds Libraries digital stories**
This fund represents funding received from Leeds Council and Mohn Westlake towards a series of 4 digital stories. 2021 was from Leeds council for 8 digital stories created to coincide with the national Summer Reading Challenge. The transfer is towards management fees for the project.
## **Arts Engagement**
This fund represents funding received to support the Arts Engagement over a 5 year funding agreement from Didymus Charity.
## **Metaverse**
This fund represents funding received by Leeds 2023 towards a digital pilot project in collaboration with Dubit. The transfer is to cover the overspend on the project.
## **Princess and the Pea 2021**
This fund represents funding received from Wades Charity for the Princess and the Pea to support performances to children in Leeds.
## **Sowerby Stories**
This fund represents funding received from Peter Sowerby Foundation for a series of 5 digital stories authored and created by global majority artists. The transfer is towards management fees for the project.
- 17 -
## **TUTTI FRUTTI PRODUCTIONS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **15 Designated funds**
The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
|||**Movement in funds**|**Movement in funds**|**Movement in funds**|||
|---|---|---|---|---|---|---|
||**Balance at**|**Income**|**Expenditure**||**Transfers**|**Balance at**|
||**1 April 2021**|||||**31 March 2022**|
||**£**|**£**||**£**|**£**|**£**|
|Digital fund|6,200|-||(5,415)|-|785|
|Development of future work|20,000|-||-|(20,000)|
-|
|Future funding support|-|-||-|44,200|44,200|
||26,200|-||(5,415)|24,200|44,985|
|||**Movement in funds**|||||
||**Balance at**|**Income**|**Expenditure**||**Transfers**|**Balance at**|
||**1 April 2020**|||||**1 April 2021**|
||**£**|**£**||**£**|**£**|**£**|
|Digital fund|8,000|-||(1,800)|-|6,200|
|Development of future work|20,000|-||-|-|20,000|
||28,000|-||(1,800)|-|26,200|
## **Digital fund**
These funds are set aside to help develop digitally, including IT and website.
## **Development of future work fund**
These funds are set aside to help fund future projects. Trustees have decided this fund isn't needed any more.
## **Future funding support fund**
These funds are to address the anticipated shortfall on the company's activities in 2023-26.
- 18 -
## **TUTTI FRUTTI PRODUCTIONS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
|**16**
**Analysis of net assets between funds**
**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**funds**
**2022**
**2022**
**2022**
**£**
**£**
**£**
Fund balances at 31 March 2022 are represented by:
Tangible assets
2,185
-
-
Current assets/(liabilities)
250,329
20,785
385
252,514
20,785
385
**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**funds**
**2021**
**2021**
**2021**
**£**
**£**
**£**
Fund balances at 31 March 2021 are represented by:
Tangible assets
929
-
-
Current assets/(liabilities)
184,975
26,200
73,252
185,904
26,200
73,252|**Total**
**2022**
**£**
2,185
271,499|
|---|---|
||273,684|
||**Total**
**2021**
**£**
929
284,427|
||285,356|
- 19 -
**TUTTI FRUTTI PRODUCTIONS**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2022**_
## **17 Operating lease commitments**
## **Lessee**
At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:
|Within one year
Between two and five years|**2022**
**£**
3,580
-
3,580|**2021**
**£**
3,580
700|
|---|---|---|
|||4,280|
## **18 Related party transactions**
There were no disclosable related party transactions during the year (2021 - none) .
- 20 -