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2023-03-31-accounts

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 2023

TUTTI FRUTTI PRODUCTIONS

CONTENTS

Page
Legal and administrative information 1
Trustees' report 2 - 3
Statement of trustees' responsibilities 4
Independent examiner's report 5
Statement of financial activities 6 - 7
Statement of financial position 8
Notes to the financial statements 9 - 19

TUTTI FRUTTI PRODUCTIONS

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr C Richmond (Chair)
Ms C Lister
Mrs A Ollive
Mr S Thomas
Mr N Stevenson
Mr M Harper-Hardcastle
Ms A Ellison (Resigned 2 November 2022)
Ms N Lee (Appointed 20 April 2022)
Secretary E Killick
Charity number 1120663
Company number 04267423
Principal address Unit F7
Hope House
65 Mabgate
Leeds
LS9 7DR
Registered office Unit F7
Hope House
65 Mabgate
Leeds
LS9 7DR
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

TUTTI FRUTTI PRODUCTIONS

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2023

The trustees present their annual report and financial statements for the year ended 31 March 2023.

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:

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

The Charity has had a positive and productive year seeing a return to more confident touring and the development of projects initiated during Covid-19. More specifically, the Charity’s activities have benefited the public throughout the year through:

Leeds Young Film Festival

The charity was commissioned by Leeds Young Film Festival to collaborate with three Leeds cultural organisations in Millenium Square to enhance the experience of family audiences attending the film festival. Tutti Frutti commissioned Leeds based writer Chris O’Connor to write the Secret Silver Screen Society which was a series of short interactive performances that took place in four different spaces in the Carriageworks Theatre and Leeds City Museum and appropriately timed these to take place between film screenings. 94 children and their families attended the performances alongside the films.

Arts Engagement

This year has seen the second of a five-year funding programme secured from the Didymus Charity to develop arts engagement projects in the Harehills area of Leeds and its environs. The newly appointed Project Co-ordinator, Suvi Saraf, has worked hard on developing the Tutti Frutti club, an arts engagement project that takes place after school, for children aged 3+ in partnership with Harehills Primary School. Leeds Inspired funding supported the pilot of the club in summer 2022 and further funding was secured from Mohn Westlake, to develop the project over a three-year period, and from the Pears Youth Fund to reach more children locating it in a second local school; Hovingham Primary School. The children have engaged in and enjoyed workshops in dance, music, creative writing, storytelling, crafts and puppetry delivered by a cohort of culturally representative Leeds-based professional theatre practitioners. The aim of the project is to engage children in the low socio-economic area of Gipton and Harehills in high quality arts and cultural activities as there is a lack of provision for this young age group and socio-economic barriers for them to access other facilities and clubs. The delivery of the project is based on the well documented evidence that it is vital for children to have relevant cultural experiences that will develop their creativity, self esteem and aspirations and stimulate their imaginations helping them see the world with fresh eyes.

Suvi has been networking with local organisations and community members and run several focus groups with local school parents to better understand their aspirations and needs for their children through the arts.

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. Bradford based designer Warda Abassi was the successful candidate and she designed the Leeds Young Film Festival project the Secret Silver Screen Society as part of her bursary and was then employed to design Jack Frost and the Search for Winter by Joseph Coelho in autumn 2022. A further successful application has been made for a Jerwood Arts Bursary for two more designers for 2023/24 and 2024/25.

TUTTI FRUTTI PRODUCTIONS

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

Jack Frost and the Search for Winter by Joseph Coelho

This was a new commission from the Children’s Laureate Joseph Coehlo and brought together a predominantly global majority* team to work on the production. Eleanor Manning directed the production and Warda Abassi, fresh from her Weston Jerwood Bursary, designed the show. The show toured nationally for 8 weeks followed by a three-week Christmas run at Sheffield Studio Theatre. 127 performances took place to a total audience of 10,294. There was a strong environmental theme to this show and it was also the first in which we have attempted to reach the Baseline level of the Theatre Green Book, a new initiative that supports the arts in becoming more sustainable in its practices.

*Those who are ethnically and culturally diverse, and who experience racism in our society.

Ugly Duckling by Emma Reeves

This popular show was remounted and performed for four weeks in December at the studio in Derby Theatre as their Christmas production for children aged 3+, parents and carers. 48 performances took place reaching an audience of 2,345. The show then toured the USA for 13 weeks delivering 70 performances in 21 venues to audiences of 25,395. The show was extremely well received and surpassed all targets. As only the second time touring the USA, the show has consolidated the relationship with the US agents and a further two years of touring the US are already planned.

Sweet Dreams by Mike Kenny

A series of performances of this audio play, that was made during lockdown as it was unable to tour nationally, took place over a weekend in November 2022 at the Junction in Goole. The audio play, and associated podcasts on the wonders and benefits of sleep, were enjoyed by families over 5 performances and are available for audiences to listen to on our website.

Financial review

The Charity has weathered the post-Covid period well and has felt a slow return to more confident producing and touring over the year. Audience numbers have increased on the previous year and the US tour was extremely successful. The tutti frutti club remains extremely important reaching children in low socio-economic areas where access to the arts present challenges to the local families and children. Venue bookings remain hesitant and the trend of programming well known book adaptations or stories predominates. Fee income is conservative in the face of a climate of safe programming. The enhanced level of 50% Theatre Tax Relief for touring has been very welcome and allowed the company to generate a surplus on the year.

The Charity has had continued success this year in fundraising employing Fundraising Manager Janet Myers on a freelance basis. She and the team have successfully generated funds for current and future projects from Didymus Charity, Wades Charity, Pears Youth Fund, George A Moore and Mohn Westlake Foundation, to whom they extend great thanks. Funding was also jointly secured with Leeds Playhouse from the Jerwood Weston Foundation.

The Charity is core funded by Arts Council England and Leeds City Council to whom it extends great thanks. The year has seen new grant giving rounds for both these funders and the charity has been successful in maintaining its position as a national portfolio organisation with 3 year of funding from Arts Council England and a further 1 year of funding from Leeds City Council.

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 2023 the charity has free reserves of £200,913 (2022: £222,549) which equates to 12 (2022: 14) 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.

The trustees' report was approved by the Board of Trustees.

Colin Richmond

Signed on 19/10/23 @ 16:20

Mr C Richmond (Chair) Trustee Date: 18 October 2023

TUTTI FRUTTI PRODUCTIONS

STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2023

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:

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.

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 2023.

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:

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

Signed on 20/10/23 @ 16:49

N Clemit ACA, FCCA

JWPCreers LLP Chartered Accountants Genesis 5 Church Lane York YO10 5DQ

Dated: 18 October 2023

TUTTI FRUTTI PRODUCTIONS

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

CURRENT FINANCIAL YEAR
Unrestricted
Unrestricted
Restricted
funds
funds
funds
general
designated
2023
2023
2023
Notes
£
£
£
Income
Donations and legacies
2
186,094
-
17,508
Charitable activities
3
236,149
-
24,716
Investments
4
282
-
-
Total income
422,525
-
42,224
Expenditure
Raising funds
5
18,341
-
-
Charitable activities
6
461,537
785
26,505
Total expenditure
479,878
785
26,505
Theatre tax relief
83,919
-
-
Net income/(expenditure) before transfers
26,566
(785)
15,719
Gross transfers between funds
(47,902)
58,297
(10,395)
Net movement in funds
(21,336)
57,512
5,324
Fund balances at 1 April 2022
228,314
44,985
385
Fund balances at 31 March 2023
206,978
102,497
5,709		 Total
2023
£
203,602
260,865
282
464,749
18,341
488,827
507,168
83,919
41,500
-
41,500
273,684
315,184		 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

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.

TUTTI FRUTTI PRODUCTIONS

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

PRIOR FINANCIAL YEAR

Unrestricted
Unrestricted
Restricted
funds
funds
funds
general
designated
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

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.

TUTTI FRUTTI PRODUCTIONS

STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2023

Notes
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within one year
13
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
15
Unrestricted funds
Designated funds
16
General unrestricted funds		 2023
£
264,700
143,663
408,363
(96,364)
102,497
206,978		 £
3,185
311,999
315,184
5,709
309,475
315,184		 2022
£
49,980
255,157
305,137
(33,638)
44,985
228,314		 £
2,185
271,499
273,684
385
273,299
273,684

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 2023.

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 18 October 2023

Colin Richmond Signed on 19/10/23 @ 16:20 Signed on 19/10/23 @ 19:51 Mr C Richmond (Chair) Mr N Stevenson Trustee Trustee

Company registration number 04267423

TUTTI FRUTTI PRODUCTIONS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

Charity information

Tutti Frutti Productions is a private company limited by guarantee incorporated in England and Wales. The registered office is Unit F7, Hope House, 65 Mabgate, Leeds, LS9 7DR.

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. 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. 1.4 Income

All income is accounted for when the charity has entitlement to the funds, certainty of receipt and the amount is measurable.

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.

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.

TUTTI FRUTTI PRODUCTIONS

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

(Continued)

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand and deposits held at call with banks. 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
2023
2023
£
£
Arts Council - Core funding
181,991
-
Leeds City Council
4,000
17,508
Other donations
103
-
186,094
17,508		 Total
Unrestricted
Restricted
funds
funds
general
2023
2022
2022
£
£
£
181,991
181,991
-
21,508
25,521
15,000
103
858
1,014
203,602
208,370
16,014		 Total
2022
£
181,991
40,521
1,872
224,384

TUTTI FRUTTI PRODUCTIONS

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

3 Charitable activities

Charitable Charitable
Income Income
2023 2022
£ £
Touring fees 184,922 46,160
Services 51,227 7,367
Performance related grants 24,716 27,583
HMRC furlough grant - 10,514
260,865 91,624
Analysis by fund
Unrestricted funds - general 236,149 62,374
Restricted funds 24,716 29,250
260,865 91,624
Performance related grants
Wade's charity 3,000 3,000
Didymus charity 10,000 2,500
George A Moore Foundation 1,000 -
Peter Sowerby Foundation - 19,583
Pears Youth Fund (Leeds Community Foundation) 5,000 -
Mohn Westlake Arts Engagement Trust (Leeds Community Foundation) 5,716 2,500
24,716 27,583

4 Investments

Unrestricted Unrestricted
funds funds
general general
2023 2022
£ £
Interest receivable 282 73

TUTTI FRUTTI PRODUCTIONS

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

5 Raising funds

6 Unrestricted
Unrestricted
funds
funds
general
general
2023
2022
£
£
Fundraising and publicity
Fundraiser
1,650
1,300
Marketing
283
-
Salaries
16,408
8,139
18,341
9,439
Charitable activities
Charitable
Expenditure
Charitable
Expenditure
2023
2022
£
£
Depreciation
301
557
Pre-production costs
2,930
2,433
Production costs
170,711
157,033
Touring costs
222,579
81,275
Travel expenses
844
128
Subscriptions
1,988
1,585
Interpreter
-
1,301
TA fees
1,655
-
Workshop leader fees
3,900
-
404,908
244,312
Share of support costs (see note 7)
80,538
89,757
Share of governance costs (see note 7)
3,381
2,875
488,827
336,944
Analysis by fund
Unrestricted funds - general
461,537
262,409
Unrestricted funds - designated
785
5,415
Restricted funds
26,505
69,120
488,827
336,944		 Unrestricted
Unrestricted
funds
funds
general
general
2023
2022
£
£
Fundraising and publicity
Fundraiser
1,650
1,300
Marketing
283
-
Salaries
16,408
8,139
18,341
9,439
Charitable activities
Charitable
Expenditure
Charitable
Expenditure
2023
2022
£
£
Depreciation
301
557
Pre-production costs
2,930
2,433
Production costs
170,711
157,033
Touring costs
222,579
81,275
Travel expenses
844
128
Subscriptions
1,988
1,585
Interpreter
-
1,301
TA fees
1,655
-
Workshop leader fees
3,900
-
404,908
244,312
Share of support costs (see note 7)
80,538
89,757
Share of governance costs (see note 7)
3,381
2,875
488,827
336,944
Analysis by fund
Unrestricted funds - general
461,537
262,409
Unrestricted funds - designated
785
5,415
Restricted funds
26,505
69,120
488,827
336,944
244,312
89,757
2,875
336,944
262,409
5,415
69,120
336,944

TUTTI FRUTTI PRODUCTIONS

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

7 Support costs

2023
Support costs
Governance
costs
£
£
Salaries
49,575
-
Depreciation (including loss
on disposal)
1,408
-
Office rent and rates
11,843
-
Telephones and internet
1,446
-
Books, printing and stationery
211
-
Admin support
810
-
Insurance
2,505
-
Equipment and IT costs
2,877
-
Training
1,113
-
Sundry expenses
7,507
-
Legal and professional fees
-
-
Finance officer
-
-
Business development
1,243
-
Independent examiners fee
-
1,856
Annual report
-
1,525
80,538
3,381
Analysed between
Charitable activities
80,538
3,381		 2022
2023
Support costs
Governance
costs
£
£
£
49,575
51,359
-
1,408
1,759
-
11,843
11,243
-
1,446
1,367
-
211
195
-
810
-
-
2,505
1,842
-
2,877
4,128
-
1,113
3,383
-
7,507
4,230
-
-
2,039
-
-
2,032
-
1,243
6,180
-
1,856
-
2,255
1,525
-
620
83,919
89,757
2,875
83,919
89,757
2,875		 2022
£
51,359
1,759
11,243
1,367
195
-
1,842
4,128
3,383
4,230
2,039
2,032
6,180
2,255
620
92,632
92,632

Independent examiners fees is made up as follows: -

2023
 2022
Accountancy fees £1,357 £1,090
Independent examination £1,773 £1,400
Under/over provision in accrual £(765) £(876)

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:

2023 2022
Number Number
Total 6 5
Full time equivalents 3.7 3.8

TUTTI FRUTTI PRODUCTIONS

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

9 Employees (Continued)

Employment costs
Wages and salaries

Social security costs
Other pension costs
 2023
£
147,570
8,916
6,506
162,992		 2022
£
128,215
7,657
6,182
142,054

The total paid to key management personnel during the year was £100,196 (2022: £94,238).

There were no employees whose annual remuneration was £60,000 or more.

10 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

11 Tangible fixed assets

Musical &
Stage
equipment
Fixtures and
fittings
Computers
£
£
£
Cost
At 1 April 2022
4,127
449
17,043
Additions
1,052
-
1,657
At 31 March 2023
5,179
449
18,700
Depreciation
At 1 April 2022
3,685
449
15,300
Depreciation charged in the year
301
-
1,408
At 31 March 2023
3,986
449
16,708
Carrying amount
At 31 March 2023
1,193
-
1,992
At 31 March 2022
442
-
1,743
Debtors
2023
Amounts falling due within one year:
£
Trade debtors
660
Theatre tax relief
102,544
Prepayments and accrued income
161,496
264,700		 Total
£
21,619
2,709
24,328
19,434
1,709
21,143
3,185
2,185
2022
£
1,440
32,044
16,496
49,980

12 Debtors

TUTTI FRUTTI PRODUCTIONS

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

13 Creditors: amounts falling due within one year
2023 2022
Notes £ £
Deferred income 14 3,908 25,440
Other creditors 6,734 4,293
Accruals 85,722 3,905
96,364 33,638
14 Deferred income
2023 2022
£ £
Other deferred income 3,908 25,440
2023 2022
£ £
Balance brought forward 25,440 47,964
Amount released to income in the year (25,440) (47,964)
Amount deferred in the year 3,908 25,440
3,908 25,440

Deferred income relates to grant and services income received relating to future years.

15 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 Income Expenditure Transfers Balance at
1 April 2022 31 March 2023
£ £ £ £ £
Jack Frost - 3,000 (3,000) - -
LYFF 2022 - 8,068 (6,592) (1,476) -
Arts Engagement 385 10,000 (9,148) (1,237) -
TF Club LI - 10,440 (4,046) (5,782) 612
TF Club MW - 5,716 (2,864) (1,900) 952
TF Club Pears - 5,000 (855) - 4,145
385 42,224 (26,505) (10,395) 5,709

(Continued)

TUTTI FRUTTI PRODUCTIONS

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

15 Restricted funds

Movement in funds Movement in funds
Balance at Income 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

TUTTI FRUTTI PRODUCTIONS

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

15 Restricted funds

(Continued)

Sweet Dreams Fund (2022 only)

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 (2022 only)

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 (2022 only)

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 (2022 only)

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 (2022 only)

This fund represents funding received from the Garrick Charitable Trust towards nurturing a global artist.

Leeds Libraries digital stories (2022 only)

This fund represents funding received from Leeds Council and Mohn Westlake towards a series of 4 digital stories. 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 (2022 only)

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 (2022 only)

This fund represents funding received from Wades Charity for the Princess and the Pea to support performances to children in Leeds.

Jack Frost

This fund represents funding received from Wades Charity for Jack Frost and the Search for Winter to support performances to children in Leeds.

Sowerby Stories (2022 only)

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.

Tutti Frutti Club

This fund represents funding received from Leeds Inspired (Leeds City Council) and George A Moore towards the Tutti Frutti Club. The transfer is towards management fees for the project and the purchase of a laptop.

Tutti Frutti Club MW

This fund represents the 1st of 3 years of funding received from Mohn Westlake for the Tutti Frutti Club.

Tutti Frutti Club Pears

This fund represents funding received from Pears Youth Fund (Leeds Community Foundation) for the Tutti Frutti Club at a different school.

LYFF 2022

This fund represents monies received from Leeds Young Film to create a text and visual narrative that enhances the Leeds Young Film Festival. The transfer is towards management fees for the project.

TUTTI FRUTTI PRODUCTIONS

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

16 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:

Balance at
1 April 2022
£
Digital fund
785
Future funding support
44,200
Futureproofing public funding shortfall
-
Associate Artists Development
-
Associate Director
-
Associate Director BCW
-
44,985
Balance at
1 April 2021
£
Digital fund
6,200
Development of future work
20,000
Future funding support
-
26,200		 Movement in funds
Income
Expenditure
Transfers
Balance at
31 March 2023
£
£
£
£
-
(785)
-
-
-
-
5,800
50,000
-
-
30,000
30,000
-
-
7,021
7,021
-
-
13,001
13,001
-
-
2,475
2,475
-
(785)
58,297
102,497
Movement in funds
Income
Expenditure
Transfers
Balance at
1 April 2022
£
£
£
£
-
(5,415)
-
785
-
-
(20,000)
-
-
-
44,200
44,200
-
(5,415)
24,200
44,985		 Movement in funds
Income
Expenditure
Transfers
Balance at
31 March 2023
£
£
£
£
-
(785)
-
-
-
-
5,800
50,000
-
-
30,000
30,000
-
-
7,021
7,021
-
-
13,001
13,001
-
-
2,475
2,475
-
(785)
58,297
102,497
Movement in funds
Income
Expenditure
Transfers
Balance at
1 April 2022
£
£
£
£
-
(5,415)
-
785
-
-
(20,000)
-
-
-
44,200
44,200
-
(5,415)
24,200
44,985
44,985

Digital fund (2022 only)

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.

Futureproofing public funding shortfall post 2026

This fund is to futureproof the company in an uncertain climate for any shortfall in public funding post 2026.

Associate Artists Development Fund 2023-24

This is a nurturing fund to support two global majority artists to develop their practice in the children’s theatre sector.

Associate Director year-long post (2024-25)

This fund is to employ an early or mid-career theatre director in developing playwrights for the children’s theatre sector. The role is targeted at individuals who face barriers to entering the theatre profession and those from backgrounds currently underrepresented in theatre.

Associate Director - The Boy Who Cried Wolf (BCW)

This is a family friendly mentoring fund to support the development of a theatre director and assist with rehearsing understudies.

TUTTI FRUTTI PRODUCTIONS

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

17 Analysis of net assets between funds

Unrestricted
funds
Designated
funds
Restricted
funds
2023
2023
2023
£
£
£
Fund balances at 31 March 2023 are represented by:
Tangible assets
3,185
-
-
Current assets/(liabilities)
203,793
102,497
5,709
206,978
102,497
5,709
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)
226,129
44,985
385
228,314
44,985
385		 Total
2023
£
3,185
311,999
315,184
Total
2022
£
2,185
271,499
273,684

18 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:

2023 2022
£ £
Within one year 2,880 3,580

19 Related party transactions

There were no disclosable related party transactions during the year (2022 - none).