| Trustees | Penelope Daly |
Penelope Daly |
|
|---|---|---|---|
| Stephen Cowton |
|||
| James Jones | |||
| Emmaline Cen |
|||
| Charity number | 1121416 | ||
| Company | number | 3591772 | |
| Principal address | Tall Stories Studio | ||
| 68 Holloway | Road | ||
| London | |||
| N7 8JL | |||
| Registered | oNce | Acre House | |
| 11-1SWilliam | Road | ||
| London | |||
| NW1 3ER | |||
| United Kingdom |
|||
| Auditor | HW Fisher LLP |
||
| Acre House | |||
| 11-15William | Road | ||
| London | |||
| NW1 3ER | |||
| United Kingdom |
|||
| Bankers | Lloyds Bank Pic | ||
| 1Butler Place | |||
| Westminster | |||
| London | |||
| SW1H OPR |
| Page | |||
|---|---|---|---|
| Trustees' report | 1-4 | ||
| Statement of | trustees' | responsibilities | |
| Independent | auditor's | report | 6-8 |
| Statement of | financial | activities | |
| Balance sheet | 10 | ||
| Statement of | cash flows | ||
| Notes to the financial | statements | 12-20 |
| Unrestricted | Unrestricted | ||||||
|---|---|---|---|---|---|---|---|
| funds | funds | ||||||
| 2022 | 2021 | ||||||
| Notes | F. | f | |||||
| Income and endowments | from: | ||||||
| Charitable activities - Theatre productions |
945,219 | 218,373 | |||||
| Other trading | activities | 17,144 | 4,419 | ||||
| Investments | 290 | 1,997 | |||||
| Other income | 18,348 | 68,799 | |||||
| Tota I income | 981,001 | 293,588 | |||||
| ~Ee Chtu eo: |
|||||||
| Raising funds | 8,545 | 1,731 | |||||
| Charitable Activities - Theatre productions |
8 | 1,157,267 | 521,635 | ||||
| Total resources | expended | 1,165,812 | 523,366 | ||||
| Net expenditure | for the year/ | ||||||
| Net movement | in funds | (184,811) | (229,778) | ||||
| Fund balances | at | 1April 2021 | 1,344,294 | 1,574,072 | |||
| Fund balances | at | 31March 2022 | 1,159,483 | 1,344,294 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | 6 | 6 | ||||||
| Fixed assets | ||||||||
| Tangible assets | 12 | 273,097 | 284,591 | |||||
| Current assets | ||||||||
| Stocks | 13 | 27,967 | 29,750 | |||||
| Debtors | 14 | 342,130 | 283,065 | |||||
| Investments | 15 | 350,000 | 200,000 | |||||
| Cash at bank | and in | hand | 387,767 | 749,576 | ||||
| 1,107,864 | 1,262,391 | |||||||
| Creditors: amounts | falling due within one year | 16 | (221,478) | (202,688) | ||||
| Net current assets | 886,386 | 1,059,703 | ||||||
| Total assets less current | liabilities | 1,159,483 | 1,344,294 | |||||
| Income funds | ||||||||
| Unrestricted | funds | 1,159,483 | 1,344,294 | |||||
| 1,159,483 | 1,344,294 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | f | ||||||
| Cash flows from operating | activities | ||||||
| Cash absorbed by operations |
19 | (198,585) | (220,622) | ||||
| Investing activities | |||||||
| Purchase oftangible fixed |
assets | (13,514) | (277,540) | ||||
| Short term deposit- investments | (150,000) | (200,000) | |||||
| Interest received | 290 | 1,997 | |||||
| Net cash used in investing | activities | (163,224) | (475,543) | ||||
| Net decrease in cash and | cash equivalents | (361,809) | (696,165) | ||||
| Cash and cash equivalents | at beginning | ofyear | 749,576 | 1,445,741 | |||
| Cash and cash equivalents | at end ofyear | 387,767 | 749,576 |
| Leasehold improvements |
5%Straight | line |
|---|---|---|
| Equipment | 33%Straight | line |
| Fixture and fittings | 33%Straight | line |
| Fixtures and fittings - Lighting | 10%Straight | linet |
| Fixtures and fittings - Seating and Sound System | 7%Straight | line |
| Motor vehicles | 17%Straight | line |
| 2022 | 2021 | |
|---|---|---|
| f | ||
| Theatre productions | 945,219 | 218,373 |
| Other trading activities | ||
| Unrestricted | Unrestricted | |
| funds | funds | |
| 2022 | 2021 | |
| 6 | f | |
| Income from sale ofmerchandise | 17,144 | 4,419 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| 6 | 6 | ||
| Interest | receivable | 290 | 1,997 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| 6 | 6 | ||
| Other | income | 18,348 | 68,799 |
| Unrestricted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2022 | 2021 | |||||
| f | f | |||||
| T~rodio costs |
||||||
| Purchase | ofmerchandise | for sale | 8,545 | 1,731 | ||
| 8,545 | 1,731 | |||||
| Charitable Activities |
- Theatre productions | |||||
| 2022 | 2021 | |||||
| f | ||||||
| Actors and production | contractors | 269,540 | 57,422 | |||
| Travel 8 | subsistence | 62,033 | 7,419 | |||
| Rehearsal costs | 6,691 | |||||
| Physical | production | costs | 59,993 | 7,098 | ||
| Theatre fees | 91,452 | 7,498 | ||||
| Royalties | payable | 140,737 | 47,236 | |||
| Profit distribution | 26,104 | 7,249 | ||||
| Marketing | 48,064 | 16,880 | ||||
| 704,614 | 150,802 | |||||
| Share of | support costs (see note 9) | 431,582 | 357,155 | |||
| Share of | governance | costs (see note 9) | 21,071 | 13,678 | ||
| 1,157,267 | 521,635 |
| 9 | Support costs | |||||||
|---|---|---|---|---|---|---|---|---|
| Support costs | Governance | 2022 | Support costs | Governance | 2021 | |||
| costs | costs | |||||||
| Staff costs | 261,843 | 261,843 | 243,702 | 243,702 | ||||
| Depreciation | 25,008 | 25,008 | 16,820 | 16,820 | ||||
| ONce staff travel and | ||||||||
| subsistence | 13,210 | 13,210 | 5,493 | 5,493 | ||||
| Motor expenses | 6,923 | 6,923 | 8,186 | 8,186 | ||||
| Insurance | 9,198 | 9,198 | 9,819 | 9,819 | ||||
| Head oNce costs | 60,765 | 60,765 | 17,241 | 17,241 | ||||
| Other support costs | 17,726 | 17,726 | 5,679 | 5,679 | ||||
| Legal &professional | costs | 11,103 | 11,103 | 24,500 | 24,500 | |||
| Storage costs | 25,806 | 25,806 | 25,715 | 25,715 | ||||
| Audit fees | 15,375 | 15,375 | 11,750 | 11,750 | ||||
| Accountancy | 5,696 | 5,696 | 1,928 | 1,928 | ||||
| 431,582 | 21,071 | 452,653 | 357,155 | 13,678 | 370,833 | |||
| Analysed between |
||||||||
| Charitable activities |
431,582 | 21,071 | 452,653 | 357,155 | 13,678 | 370,833 |
| Employment costs |
2022 | 2021 |
|---|---|---|
| f | f | |
| Wages and salaries | 232,425 | 217,491 |
| Socia I security costs | 19,079 | 17,099 |
| Other pension costs | 10,339 | 9,112 |
| 261,843 | 243,702 |
| Tangible fixe | d assets | ||||||
|---|---|---|---|---|---|---|---|
| Leasehold | Equipment | Fixtures and | Motor vehicles | Total | |||
| improvements | fittings | ||||||
| f | f | f | |||||
| Cost | |||||||
| At 1April 2021 | 172,384 | 16,943 | 101,710 | 36,111 | 327,148 | ||
| Additions | 8,810 | 4,704 | 13,514 | ||||
| Disposals | (10,730) | (10,730) | |||||
| At 31March | 2022 | 172,384 | 25,753 | 106,414 | 25,381 | 329,932 | |
| Depreciation | and impairment | ||||||
| At 1April 2021 | 4,310 | 12,707 | 4,234 | 21,306 | 42,557 | ||
| Depreciation | charged | in the year | 8,619 | 3,455 | 8,704 | 4,230 | 25,008 |
| Eliminated in |
respect | ofdisposals | (10,730) | (10,730) | |||
| At 31March | 2022 | 12,929 | 16,162 | 12,938 | 14,806 | 56,835 | |
| Carrying amount | |||||||
| At 31March | 2022 | 159,455 | 9,591 | 93,476 | 10,575 | 273,097 | |
| At 31March | 2021 | 168,074 | 4,236 | 97,476 | 14,805 | 284,591 | |
| Stocks | |||||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Finished goo | ds and g | oods for resale | 27,967 | 29,750 |
| 14 | Debtors | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Amounts falling due |
within one year: | f | f | |||
| Trade debtors | 72,454 | 3,975 | ||||
| Other debtors | 7,848 | |||||
| Prepayments and accrued income |
269,676 | 271,242 | ||||
| 342,130 | 283,065 | |||||
| 15 | Current asset investments | |||||
| 2022 | 2021 | |||||
| f | f | |||||
| Short-term deosits (maturity |
ofmore than 3 months | but less than 12 | ||||
| months) | 350,000 | 200,000 | ||||
| 16 | Creditors: amounts falling due within one year |
|||||
| 2022 | 2021 | |||||
| f | f | |||||
| Other taxation and social security | 41,468 | 5,754 | ||||
| Trade creditors | 18,449 | 11,775 | ||||
| Other creditors | 2,679 | 1,207 | ||||
| Accruals and deferred | income | 158,882 | 183,952 | |||
| 221,478 | 202,688 |
| 2022 | 2021 | |
|---|---|---|
| f | f | |
| Within one year | 51,000 | 51,000 |
| Between two and five years | 153,000 | 204,000 |
| 204,000 | 255,000 |
| The Charity uses Shock Productions |
The Charity uses Shock Productions |
Limited | Limited | as composers | as composers | and | sound | engineers | engineers | in some of the productions. | One of the | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| directors ofShock Productions | Limited | is married to one ofthe key | personnel | ofthe charity. The value ofservices | and royalties | |||||||
| provided by Shock Productions |
Limited | during | the year | to the | charity amounted | to f21,377(2021:68,159). | ||||||
| 19 | Cash generated from operations |
2022 | 2021 | |||||||||
| f | f | |||||||||||
| Deficit for the year | (184,811) | (229,778) | ||||||||||
| Adjustments for: |
||||||||||||
| Investment income recognised |
in statement | offinancial | activities | (290) | (1,997) | |||||||
| Depreciation and impairment |
oftangible fixed | assets | 25,008 | 16,820 | ||||||||
| Movements in working capital: |
||||||||||||
| Decrease/(increase) in stocks |
1,783 | (2,349) | ||||||||||
| (Increase)/decrease in debtors |
(59,065) | 157,803 | ||||||||||
| Increase/(decrease) in creditors |
18,790 | (161,121) | ||||||||||
| Cash absorbed by operations |
(198,585) | (220,622) | ||||||||||
| 20 | Analysis ofchanges in net funds |
|||||||||||
| The charity had no debt during | the year. |