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|Trustees||Penelope<br>Daly|Penelope<br>Daly|
|---|---|---|---|
|||Stephen<br>Cowton||
|||James Jones||
|||Emmaline<br>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<br>Kingdom||
|Auditor||HW Fisher<br>LLP||
|||Acre House||
|||11-15William|Road|
|||London||
|||NW1 3ER||
|||United<br>Kingdom||
|Bankers||Lloyds Bank Pic||
|||1Butler Place||
|||Westminster||
|||London||
|||SW1H OPR||





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||||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|





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|||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||||2022|2021|
||||||Notes|F.|f|
|Income and endowments||||from:||||
|Charitable<br>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<br>Chtu eo:||||||||
|Raising funds||||||8,545|1,731|
|Charitable<br>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|





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||||||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|





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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||f||
|Cash flows from operating|activities|||||||
|Cash absorbed<br>by operations|||19||(198,585)||(220,622)|
|Investing activities||||||||
|Purchase oftangible<br>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|





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|Leasehold<br>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|



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||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|





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||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2022|2021|
||||||f|f|
|T~rodio<br>costs|||||||
|Purchase|ofmerchandise|||for sale|8,545|1,731|
||||||8,545|1,731|
|Charitable<br>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|





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|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<br>between||||||||
||Charitable<br>activities||431,582|21,071|452,653|357,155|13,678|370,833|






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|Employment<br>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<br>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|





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|14|Debtors||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||Amounts<br>falling due|within one year:|||f|f|
||Trade debtors||||72,454|3,975|
||Other debtors|||||7,848|
||Prepayments<br>and accrued income||||269,676|271,242|
||||||342,130|283,065|
|15|Current asset investments||||||
||||||2022|2021|
||||||f|f|
||Short-term<br>deosits (maturity||ofmore than 3 months|but less than 12|||
||months)||||350,000|200,000|
|16|Creditors: amounts<br>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|





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||The Charity<br>uses Shock Productions|The Charity<br>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<br>by Shock Productions|Limited|during||the year|to the|charity amounted|||to f21,377(2021:68,159).|||
|19|Cash generated<br>from operations||||||||||2022|2021|
||||||||||||f|f|
||Deficit for the year||||||||||(184,811)|(229,778)|
||Adjustments<br>for:||||||||||||
||Investment<br>income recognised|in statement||offinancial||activities|||||(290)|(1,997)|
||Depreciation<br>and impairment|oftangible fixed|||assets||||||25,008|16,820|
||Movements<br>in working capital:||||||||||||
||Decrease/(increase)<br>in stocks||||||||||1,783|(2,349)|
||(Increase)/decrease<br>in debtors||||||||||(59,065)|157,803|
||Increase/(decrease)<br>in creditors||||||||||18,790|(161,121)|
||Cash absorbed<br>by operations||||||||||(198,585)|(220,622)|
|20|Analysis ofchanges<br>in net funds||||||||||||
||The charity had no debt during|the year.|||||||||||