_Theatre in the Quarter Trustees Annual Report 2021-22_ 

# **Theatre in the Quarter Trustees Annual Report** 

**2021-22** 



_Theatre in the Quarter Trustees Annual Report 2021-22_ 

## **THEATRE IN THE QUARTER** 

Charity Registration No: 1129316 Company Registration Number: 5697760 Address for correspondence: Theatre in The Quarter 27 Cambrian Road Chester CH1 4HT 

## **The Company address is:** 

2 Vicars Lane Chester CH1 1QU www.theatreinthequarter.co.uk 

## **TRUSTEES AND DIRECTORS OF THE COMPANY** 

N. Dykes V.J Griffiths Pearson John Fryett A.T Jones (Chairman) B.C. Pearson  (resigned 2/8/21) 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

Theatre in The Quarter is a charitable company limited by guarantee. It is governed by its Memorandum and Articles of Association. Its purpose, as set out in its governing documents is: 

“To promote, maintain, improve and advance education, particularly by the production of plays and the encouragement of the arts of drama, music, singing and dance.” The directors of the company are also the trustees of the charity. The Board meets several times a year to oversee the charity’s work. The day to day management of the company is carried out by the Artistic Director, with the close involvement of board members. Trustees are appointed by the agreement of a meeting of the existing trustees. In appointing new trustees, we look for individuals with the requisite skills to help develop and sustain our work. The chairman holds an induction meeting with new trustees to familiarise them with the charity’s aims, activities and procedures, and they are given a copy of the Charity Commission’s leaflet ‘The Essential Trustee.’ 

## **THE COMPANY’S WORK AND AIMS** 

Theatre in the Quarter is a professional and community theatre company based in Chester. It commissions and stages original music drama which draws inspiration from the lives and experiences of the people of Chester and surrounding areas. Cast members include young people, adult members of the community and professional actors and musicians; the production team is always made up of professionals. 

We have pioneered the use of non-theatrical spaces for our productions. Although this adds significantly to the practical problems we face, it has had the happy result of obliging us to take our work to audiences, rather than   them having to come to us. We have been very successful in this, mounting shows in churches, community centres, school and village halls around Chester, Cheshire and beyond. 

Through our productions and through creating formal and informal partnerships with other local groups and organisations (residents’ associations, schools, churches, University of Chester, etc.) we make a significant contribution to creating and sustaining community cohesion and sense of identity and to building social capital. We aim to 



_Theatre in the Quarter Trustees Annual Report 2021-22_ 

provide opportunities for the development of cross-cultural and inter-generational understanding and community cohesion through live theatre, involving people who might otherwise be unlikely to become involved in the arts. We provide opportunities for exchanging and sharing skills, both technical and social, a development route stretching from children's theatre, through to professional performance. Thus, not only will children and young people be able to develop skills in all aspects of musical theatre up to professional standards, but opportunities will be available for professionals to develop skills in youth and community theatre. Our activities are reliant on grants and charges for our performances. In setting these charges, we seek to ensure that our performances are accessible to those on low incomes. In planning our work, the trustees have paid due regard to the Charity Commission’s guidance on public benefit, including the guidance on charging, in line with their duty under section 4 of the Charities Act 2006. 

## **OUR WORK THIS YEAR** 

TIQ built on skills and outreach developed during the pandemic in 2 main ways: firstly in collaboration with the International Schools Theatre Association engaging with teenagers around the globe in a groundbreaking digital production of their ‘extraordinary year’; secondly combining digital and recorded work with live theatre as face to face activity recommenced and being able to engage not only with live audiences but also via online platforms. The main activities in the year were: 

Teenagers being part of a global digital production 

Teenagers delivering two face to face theatre and film projects 

Children creating a site specific film based on their newly created fairy story ‘Bella’s Magic Quest’ 

Children delivering their first face to face production since the pandemic ‘Ye trolls of Iceland’ 

Delivery of Christmas and Spring theatre workshops in Blacon 

Patchwork created a live music performance for Christmas 2021 

Christmas in Chester Community project based on the 12 days of Christmas 

Pilot and developmental activity around the intergenerational project for the Platinum Jubilee involving teenagers meeting and engaging with an older generation in order to interview and share stories 

## **FINANCE** 

Reserves of at the end of the year were £51693. In line with Arts Council England’s guidance, the trustees aim to develop a reserve equivalent to 3 to 6 months’ operating costs with a view to ensuring that the charity has a limited level of operating capital, principally to support cash flow. This would also allow the charity to invest in future product, for example commissioning a script for a new play, in advance of funding having been committed. 

Alistair Jones, Chairman, Theatre in the Quarter 



Charity registration number 1129316
Company registration numbgr 05697760 (England and Wales)
THEATRE IN THE QUARTER LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

THEATRE IN THE QUARTER LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
N K Dyke5
MrJRFryett
V J Griffiths Pear
A T Jones
Secretary
A T Jones
Charity number
1129316
Company number
05697760
Registered offlce
2 Vicars Lane
Chester
Cheshire
CH1 1QU
Independent examiner
McLintocks {NW) Limitad
2 Hilliard5 Cwrt
Chestw Bu&ness Park
Chester
Che5htre
CH4 9PX

THEATRE IN THE QUARTER LIMITED
CONTENTS
Page
Trustees, report
Independent examinerfs rew)rt
Statement of finanrial activities
Balance sheet
Notes to the finsnasl ststements
6-13

THEATRE IN THE QUARTER LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2022
The Iru51ee5 pre5enl their annual repcwt arvj finanual statements for the year ended 31 March 2L122.
The financial statemetrts have been prepared in accordance V*ith Ihe accountirrfJ pc41￿eS set out in note 1 to the
financial stslements comply the charity's Igoveming ¢thxumentl, the Companies Act 2006 and
"Accounting and Repo￿r￿ by Charities_. Slalement of Recommended Practice Sp￿leab￿ to char(ties preparing
their accounts in accordance wth the Financial Repothng Standard applicable in the UK and Republic of Ireland
IFRS 1021" {effectwe 1 January 2019)-
Objectives and activities
The charity's objects are to promote. maintain. improve and a(fvanee education particularfy by the production of
plays and the encowagement of the arts of rlrama. tnusic, snging awKI dance.
In shapiro ils objed.ves for the year and planning its adivities
Ihe tnjstees have considered th8 Charity
Commission's Guidance on public benefit. induding the guidance on wbli¢ benefit and fee ChargIr￿ The theatre
relies on grants and the income from fees and charges to cover ils operating costs. In seth'ng the level of fees,
charges and Concessions, the trustees give careful cOns￿er￿tion to the accessibility of the theatre for thtsse o
low incomes.
The strategies empk)yed to achieve the aims and objectives arè to..
- present a broad range of theatre prr*Juctions for the enj¢)ymenl and educathon of the local communty..
- offer opportuntties for a broad range of recp]e to get inve4ved in arts athity.
provide facilities for artists to develop
The trustees have paid due regard to guidan￿ issued by the Chanty commiss1L￿ in deciding what activities the
charity should ur)dertake.
Significant Actlvitles
TIQ built on the skills and outreach developed during the peak of the pandemic in 2 fflain vrdys" firslty the
company cdlaborated wth International Stho(A5 Theatre Assw"ation whom their teenager5 engaged wth
teenagers from across Ihe globe in the making of a groundbreaking digital produeli¢n focussing on the
'extraordinary year, that they had INed through. Secondly. as lo face acltvity was able to ￿sUMe, the artists
were able lo Combine siyne of the online, re¢(￿defI and ijigital athvity into the live theatre work, not only in the
final blended produci of thèatre and film, bul also in l)ein9 able lo engage wth people who for different reasons
were ￿111 only ab￿ lo aC￿sS the activity. and be induded. via online ptatfomis. The mwn projects which TIQ
delivered were..
Teenagers were part of a global digrtal prOd￿tIO
Teenagers delivered bwo face to face theatre and film wojects
Children cleated a site spectfic filrll based on their newly created fairy story'Bella's Magic Quest.
Children held a first face lo face pri*u(*(￿ Sin￿ the paThJemic Yule Trdls of Icdand.
Delivery of Christmas and Spring theatre workS￿)pS in Blacnn
Patchwork created a Ibve music p&formarKe projed for Christrnas 2021
Christmas in Chestèr Community Projècl basèd on 12 Days of Christrnas
Pilot and developmental actmty around the intergeneralional project for the Platinum Jubilee
invglving
teenager5 meeting and engaging an okler generation in cKder to inlèrview and share stories.
Charltsble A¢tlvltles
All of the company s activities are in line vAlh its tharita￿e objects.

THEATRE IN THE QUARTER LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Flnanclal rèvlew
The financial results for the year are shown in the Statement of Finarrial Activities. Income for the year has
increased to £81.991 from £15,671. Expenditure for the year amounted lo £29.711 this has resulted in net
profit for the year of £52,280. Thete are total unreslrided fiJnds of £51.693 and total reslrtted fvnds of £38,613
al the year end.
ReseThes policy
11 is the p￿1￿ of the charity thal unrestrthd r￿d$ whid) have not teen designated for a specific use shoulL1 be
maintained at a lèvel equivalènt to t*fvJeen three and six mmth's expenditLTre. The trustees considers that
reserves at this level wll ensure that, in Ihe event of a signtfi(anl drop in fUr￿l￿g. they wll be able lo continue the
charity's Gurrenl activities while consideration is gven to ways in 4thich ad￿￿onal funds may be raised. This leve(
of reseNes has been mwnlained thrwghout the year.
The tru51ees have assessed the major risks lo whth the charity is exposed, aThJ are satisfied that systems are in
place to mitigate exwsure lo the major risks.
Plan5 for the Future
In the year to Comè, Theatre in Quarterwll focJJs on streWheniThJ ils ￿rk Trmth young people. reaching out lo
more marginalised communities and finding ways to integrate the work of f(s young adults with additional needs
into ils mainstream activty.
Structure. governance and management
The Charity is a company limited by gu¥an1￿, the charity is c(ntrdI￿I by ils goveTning document. a deed of
trust.
The trustees, who are also the diie¢tors for the wrpose of ￿MpanY law. and who served during the year and up
o the date of signature ofthe financial stslements were-
N K Dykes
MrJRFryett
V J Griffiths Pears
A T Jones
B C Pearson
(Re￿gned 2 August 20211
Recruitment and appointment of new trustees
Trustees are appointed by the members at a general meetiro as arKI when new or repl￿eMent skills a
required. During the year two Injstees stood down at the Annua General Meeting and were re-elected.
Organlsatlonal structure
The board of trustees is dected by Ihe annual genera] meeting. The board meets four to six b.rnes a year and
more frequently as required. The board caTries fvll responsibility for Ihe organisation delega11r￿ day lo day
management of activities to its artist￿ direct￿ and business manager.
Th8t
ees, report was
roved by the Board of Trustees.
Trusl
Dated" 16 Dècember 2022

THEATRE IN THE QUARTER LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THEATRE IN THE QUARTER LIMITED
I report lo the trustees on my examination of the financial statements of Theatre In The Quarter Limited Ilhe
charity) for the yeac ended 31 March 2022.
Responsibllities and basis of ￿POrt
As the trustees of the charity land also 115 directOf5 foi the purposes of company lawl you are responsible for
the preparation of the financial slalements in accordance W[￿ the requirements of the Companies Act 2006
Ilhe 2006 Acti
Having satisfied myseK that the financial slalements of the charity are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examir¢ation. I report in respect of my examination of the
charity's financial stalements carried out under section 145 of the Charrties Act 2011 Ilhe 2011 Actl In carrying
out my examination I have followed all the applicable Directions gNen by the Charity Commisgon under
section 145{5llb) of the 2011 Act.
Independent examinerfs statement
I have Gompleled my examination. I wnfimi that no matters have come to my attention in connection wrth the
examination giving MÈ cause to believe that in any material respect..
accounting records were not kept in iespect of the charity as reqUI￿d by se¢tt"on 386 of the 2006 Act., or
the financial slalemenls do not atxord wrth those re￿rdS.. or
the financial statements do rK)t comply wth the accounling 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 consdwed as
part of an independent examinalion., ot
the financial slalemenls have not been prepared in accordan￿ wth the methods and principles of the
Slalemenl of Rècommended Practice for accounting and reporttng by Charities applicable to charities
preparing their accounts in accordance wlh the Financial Repo￿ng Standard applicable in the UK and
Republic of Irela￿1 IFRS 1021.
I have no concems have come across Th) other matters in connection wth the examination to which
attention should be drawn in thi5 report in order lo enable a prortr un(Jerstanding of the finanaal statements to
be reached.
Caroline Blake FCCA
McLinlocks INWI Limited
2 Hilliards Court
Chester Busines5 Park
Chester
Cheshire
CH4 9PX
Dated.. 16 December 2022

THEATRE IN THE QUARTER LIMITED
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOIWE AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2022
Unrestricted Restricted
funds
funds
2022
2022
Totsl Unrestrlcted Restricted
funds
funds
2021
2021
Total
2022
2021
Notss
Donations and legacies
Char((able aCtiV￿eS
Investments
63.709
16,548
63,709
18.270
12
5,C6CI
6,925
5.060
10,505
106
1.722
12
3,580
1(
Total income
1.734
80.257
81.991
3,686
11.985
15.671
Charitsble aclivities
11,750
17.&$1
29.711
11.871
15,104
26,975
Net loutyoingllincoming
resources before transfers
110.016)
2.296
52.280
(8,185)
(3.1191
{11,3041
Gross transfers be￿een
fvnd5
39.000
{39.CNJO)
Net In¢omellexpendllurg} for
the yearj
Net movement In funds
28.964
23.296
S2.280
18,185)
13.1191
(11,3041
Fund balan￿S at 1 April 2021
22.709
15.317
38,026
30,894
18,436
49,330
Fund balanGes at 31 MarGh
2022
51.693
38.613
90.306
22.709
15,317
38,026
The slalemenl of financial activities indudes all gains and losses recognised in the year.
l income and expenditure derive from C(￿tinuIng aiknbes.
The slalement of financial actiwties also complies the requirements for an income and expenclilure account
under the Companies Act 2006.

THEATRE IN THE QUARTER LIMITED
BALANCE SHEET
AS AT31 MARCH2022
2022
2021
Notes
Fixed assets
Tangible assets
31,201
Current assets
Cash at bank and in hand
59.831
38,025
Creditors- amounts falling due within
one year
10
17261
Nel curTent assets
59.105
38,025
Total assets less current liabilities
90,3(
38,026
Incorne funds
Restricted funds
Unrestricted funds
11
38,613
51,693
15,317
22,709
90.306
38,026
The company is enlilled to the exemption from the audil requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2022.
The directors acknowledge their responsibilities for complwng wth the requirements of the Companies Act 2006
with respect lo a¢¢ounting records and Ihe preparation of finar￿la1 statements.
The members have not required the company to obtsin an audit of its finarrial statements for the year in question in
accordance with section 476.
These financial statements have been prepared in accordance with the provigons applicable to companies subject
to the small companies regime.
Th
anci81 statemen
s were approved by the Trustees on 16 December 2022
Jones
stee
Company registration number 05697760

THEATRE IN THE QUARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policies
Charity infomiatlon
Theatre In The Quarter Limited is a wvate company limited by guarantee IllGOtporated in England and Wales.
The registered office is 2 Vicars Lane. Cheslw. Cheshi￿, CH1 1QU.
1.1 Accounting convention
The financial statèments have been prepared in accordan￿ the chattws wverning documenL the
Companies Act 2006. FRS 102 "The Fina￿￿ Reporbng Standard applicable In the UK and Republic ol
Ireland. I"FRS 102.1 and the Charities SORP "Acco￿lIng and Reporting by Chariti@s'. Siatement ol
Recommended Practice applicable to prepariry their a￿unt$ in aCcOrda￿e with the Finanual
Reporting Standard applicable in the UK arKI Republic of Ireland IFRS 102)" {effective 1 January 20191. The
charity is a PUl￿1C Benefit Enlrty as defined by FRS 102.
The charity has takèn advantage of the proviSK￿S in the SORP for chartties not to prepare a Stat￿ent of
Cash Flows.
The financia1 sl*ements are prepared in sterling, which is the functional curtenGy of the Gharity. Monetary
amounts in these finanual statements are rounded lo the nearest £.
The financial statements have been prepared uTrJer the historical cost wnveth"on. The prin(apal accounting
policies adopled are sel out below.
1.2 Going concem
Al the lime of approving the )Inan¢ial slatements. the trustees have a reasonable èxpectab'on that the charity
h8s adeqLJate resources to continue in operational existence for the foreseeatAe future. Thus the trLBtees
continue to adopt the going contsm ba&s of accwnling in preparing the financial statements.
1.3 Charitable funds
Unreslricled funds are available for use at the disuetion of the trustees in fLtrthèr8ncè of their tharitable
objectives.
Restricted funds are subject to specffic coTra￿onS by dorK)rs as to how they may be used. The purposes and
uses of the restricted funds are set oul in the notes lo the financial statements.
1.4 Income
Income 15 remnised when the charity is legally entitled lo it after any performancè conditions have been met.
the awnounls can be measuret1 ￿lIablY. aThJ il is probable Ihat income wll be received.
Cash donabons are recognised on r￿elPt. Other donations are recognised On￿ the charity has been notified
of donation, unless performance Condit￿￿$ require deferr81 of the amount. Income tax recoverable in
relation ID donations received urKler GiftAid or deeds of covenant is recognised at Ihe time of the donation.
1.5 Expenditur8
ah"lilie5 are r&r4nised as expenditure as soon as there is a legal OT constTuclive obligab.on committing th8
charity lo that expenditure, it is probable that a transfer of ecommic benefits wll be required in settlement and
the amount of the oNigation Can be measured reliabty. Expendf(ure Is accounted for on an accruals basis and
has been elassified under headings that aggregate all cnst related to the category. ¥vhe￿ costs cannot be
cfiTectly attTibuled lo particular healings th8y have be￿ all￿ated to ath"vilies on a basis Got￿lstent wilh ihe
use of resources.

THEATRE IN THE QUARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policies
(Contlnuedl
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at ￿5t aThJ subsequenuy measured at cost or valuation. nel of
depreciation and any impaim)ent10ss8s.
D&pwialion is ￿￿nised so as to write off the cost or valuation of assets less thgr ￿sIdUal values over their
usefijl lives on the followin9 bases".
Plant and equipment
2N oneost
1.7 Cash and cash equivalents
Cash and cash equivalent5 Ir￿Ule cash in hand. deposits held al CAII wth banks, other short-tem) liquid
investments with origin81 maturities of thr￿ months or l&ss. and bank overdrafts. Bank overdrafts are shown
thin borrowings in current liabill￿es.
Basie financial assets
Basic financial assets, ￿1th indude debtors and ¢ash and bank balan￿. are initMlly rneasured at
transaction price indud1r￿ transaction costs 8ThJ are subsequently cartied al amorh.sed cost Ltsing the effective
interest method unless the arrangement constitutes a fift8ncin9 transaction, where the transa¢lion is
measured al the present value of the ftjture receipls disc(yJnted at a market rat8 of inleresl. Financial assets
dassified as reC￿VabLe Ythhin one ye* We not amortised.
8asi¢ ffnan¢ial liabilities
Basic financial liabilities. Includrng Creditc￿S and bank loans are initially recognised at Iransaclion price Ljnless
the arrangement consb"tutes a ffnancing transaction. where debt instrument is measlffed at the present
value of the future payments discounted al a market r* of interest Finanaal Ila￿"1￿1eS dasstfied as payable
thin one year are not amtytsed
Debt instruments are subsequentty carried at amorttse(J cost. uwng 1he effecb.ve interest ote method.
Trade ¢￿dItorS are obligations to pay for goods or ServI￿S that have been awutred in the ordinary course of
operations from suppliers. Amounts payable a￿ dassified as current liabilities if payment is due within one
year %Y less. If nol. they are presented as non-ujrrent liabilities. Tiade creditors are recognised initially at
transaction price and 5JJbsequenlly measured at amorb.sed cost usiro the effective inlerost method.
Derecognition of financiTal liabilities
Financial li?bilities are derecognised when the tharity's contractual ouigations expire or are discharged or
12ncelled.
1.8 Employee beneffts
Thé cost of any unused holiday enlrtlement is reccgnised in period in I￿1ch the employee's services are
received.
Terniinalion benefits are recognised immedsatety a5 an eXp￿nSe when thè charity 15 demonstrably committed
to terminate the employmenl of an employee 01 lo piovide temiinatK*n benefits.

THEATRE IN THE QUARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Oonatlons and legacies
Restricted Restricted
funds
funds
2022
2021
Donations and gifts
63,709
5,060
haritable activities
Theatre
production
2022
Theatre
produetlon
2021
Tickets and progfammes
Grants
Sales of ServI￿S by beneficiaries
8.175
1,750
580
7,200
1,722
18,270
10,505
Analysis by fund
Unfeslricted funds
Restricted funds
1,722
16.548
3,580
6,g25
18.270
10,505
For the yearended 31 Ma￿h 2021
Unrestricted funds
Restricted funds
3.580
6.925
10.505
Investments
Unrestricted Unrestricted
funds
nds
2022
2021
Interest receivable
12
106

THEATRE IN THE QUARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Charitable actlvlties
Theatre
Theatre
production produ¢tlon
2022
2021
Depreciation and impaimient
Insuran
Produth"on team fees
Produdton cost5
7.800
1.079
19,996
1.079
24,606
600
28,875
26.285
Share Of suptx)rt costs (see note 61
Share of govemance costs {see r￿te 6}
110
726
29,711
26.975
Analysis by fund
Urweslricted funds
Resthcted fvnds
11.750
17,961
11,871
15,104
2S,711
26,975
For the year ended 31 March 2021
Unreslricled funds
Restricted funds
11.871
15.104
26,975
Supportcosts
Support Govemance
Costs
2022
2021
Website Costs
110
110
Accountancy
726
726
690
110
726
836
690
Analysed be￿een
Charitable actsvilies
110
726
836
690
Governance costs indudes payments to the ind4Endent examiners of £726 (2021- £6901.

THEATRE IN THE QUARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Trustees
None of the Iruslees I￿ any persons conne¢Xed ￿ them) r￿￿¢￿ any remuneration or benefits from the
charity during the year.
Employees
The average monthty number of employees du1v￿ ￿ year was".
2022
Number
2021
Number
Total
Thete were no employees whose annual remuneration wa5 more than £60,000.
Tanglble fixed assets
Plant and equipmollt
Cost
Al l April 2Q21
Additions
2,950
39.000
At 31 March 2022
41,950
Depreciation and impairment
Al 1 April 2021
Depreciation charg￿1 in the year
2,949
7,800
At 31 March 2022
10.749
Carrying amount
At 31 March 2022
31.201
At 31 Mareh 2021
10 CredltOT5: amounts falling due within one year
2022
2021
Accruals and deferred income
726
10-

00>0
Gi ¢D
(oa
0*0
00
oo)
o)00
O WJ U)
I￿0
(yro
a)t
cc S (L () *£ W L) ￿ Cn *£ C£

THEATRE IN THE QUARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
12 Analysts of net assets betrfftn funds
Unrestricted Restricted
2022
2022
Total Unrestricted
2022
2021
Re5trided
2021
Total
2021
Fund balances at 31
March 2022 are
represented by_.
Tangible assets
Currènt asselsllliabilitiesl
31,201
20,492
31,201
59.105
38,613
22,708
15.317
38,025
51,693
38,613
90.31
22.709
15.317
38,026
13 Related party Irdll5aGtions
There were no disclosable related paty trdnsactions during the year12021 - none).
13-

Charity registration number 1129316
Company registration numbgr 05697760 (England and Wales)
THEATRE IN THE QUARTER LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

THEATRE IN THE QUARTER LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
N K Dyke5
MrJRFryett
V J Griffiths Pear
A T Jones
Secretary
A T Jones
Charity number
1129316
Company number
05697760
Registered offlce
2 Vicars Lane
Chester
Cheshire
CH1 1QU
Independent examiner
McLintocks {NW) Limitad
2 Hilliard5 Cwrt
Chestw Bu&ness Park
Chester
Che5htre
CH4 9PX

THEATRE IN THE QUARTER LIMITED
CONTENTS
Page
Trustees, report
Independent examinerfs rew)rt
Statement of finanrial activities
Balance sheet
Notes to the finsnasl ststements
6-13

THEATRE IN THE QUARTER LIMITED
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2022
The Iru51ee5 pre5enl their annual repcwt arvj finanual statements for the year ended 31 March 2L122.
The financial statemetrts have been prepared in accordance V*ith Ihe accountirrfJ pc41￿eS set out in note 1 to the
financial stslements comply the charity's Igoveming ¢thxumentl, the Companies Act 2006 and
"Accounting and Repo￿r￿ by Charities_. Slalement of Recommended Practice Sp￿leab￿ to char(ties preparing
their accounts in accordance wth the Financial Repothng Standard applicable in the UK and Republic of Ireland
IFRS 1021" {effectwe 1 January 2019)-
Objectives and activities
The charity's objects are to promote. maintain. improve and a(fvanee education particularfy by the production of
plays and the encowagement of the arts of rlrama. tnusic, snging awKI dance.
In shapiro ils objed.ves for the year and planning its adivities
Ihe tnjstees have considered th8 Charity
Commission's Guidance on public benefit. induding the guidance on wbli¢ benefit and fee ChargIr￿ The theatre
relies on grants and the income from fees and charges to cover ils operating costs. In seth'ng the level of fees,
charges and Concessions, the trustees give careful cOns￿er￿tion to the accessibility of the theatre for thtsse o
low incomes.
The strategies empk)yed to achieve the aims and objectives arè to..
- present a broad range of theatre prr*Juctions for the enj¢)ymenl and educathon of the local communty..
- offer opportuntties for a broad range of recp]e to get inve4ved in arts athity.
provide facilities for artists to develop
The trustees have paid due regard to guidan￿ issued by the Chanty commiss1L￿ in deciding what activities the
charity should ur)dertake.
Significant Actlvitles
TIQ built on the skills and outreach developed during the peak of the pandemic in 2 fflain vrdys" firslty the
company cdlaborated wth International Stho(A5 Theatre Assw"ation whom their teenager5 engaged wth
teenagers from across Ihe globe in the making of a groundbreaking digital produeli¢n focussing on the
'extraordinary year, that they had INed through. Secondly. as lo face acltvity was able to ￿sUMe, the artists
were able lo Combine siyne of the online, re¢(￿defI and ijigital athvity into the live theatre work, not only in the
final blended produci of thèatre and film, bul also in l)ein9 able lo engage wth people who for different reasons
were ￿111 only ab￿ lo aC￿sS the activity. and be induded. via online ptatfomis. The mwn projects which TIQ
delivered were..
Teenagers were part of a global digrtal prOd￿tIO
Teenagers delivered bwo face to face theatre and film wojects
Children cleated a site spectfic filrll based on their newly created fairy story'Bella's Magic Quest.
Children held a first face lo face pri*u(*(￿ Sin￿ the paThJemic Yule Trdls of Icdand.
Delivery of Christmas and Spring theatre workS￿)pS in Blacnn
Patchwork created a Ibve music p&formarKe projed for Christrnas 2021
Christmas in Chestèr Community Projècl basèd on 12 Days of Christrnas
Pilot and developmental actmty around the intergeneralional project for the Platinum Jubilee
invglving
teenager5 meeting and engaging an okler generation in cKder to inlèrview and share stories.
Charltsble A¢tlvltles
All of the company s activities are in line vAlh its tharita￿e objects.

THEATRE IN THE QUARTER LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Flnanclal rèvlew
The financial results for the year are shown in the Statement of Finarrial Activities. Income for the year has
increased to £81.991 from £15,671. Expenditure for the year amounted lo £29.711 this has resulted in net
profit for the year of £52,280. Thete are total unreslrided fiJnds of £51.693 and total reslrtted fvnds of £38,613
al the year end.
ReseThes policy
11 is the p￿1￿ of the charity thal unrestrthd r￿d$ whid) have not teen designated for a specific use shoulL1 be
maintained at a lèvel equivalènt to t*fvJeen three and six mmth's expenditLTre. The trustees considers that
reserves at this level wll ensure that, in Ihe event of a signtfi(anl drop in fUr￿l￿g. they wll be able lo continue the
charity's Gurrenl activities while consideration is gven to ways in 4thich ad￿￿onal funds may be raised. This leve(
of reseNes has been mwnlained thrwghout the year.
The tru51ees have assessed the major risks lo whth the charity is exposed, aThJ are satisfied that systems are in
place to mitigate exwsure lo the major risks.
Plan5 for the Future
In the year to Comè, Theatre in Quarterwll focJJs on streWheniThJ ils ￿rk Trmth young people. reaching out lo
more marginalised communities and finding ways to integrate the work of f(s young adults with additional needs
into ils mainstream activty.
Structure. governance and management
The Charity is a company limited by gu¥an1￿, the charity is c(ntrdI￿I by ils goveTning document. a deed of
trust.
The trustees, who are also the diie¢tors for the wrpose of ￿MpanY law. and who served during the year and up
o the date of signature ofthe financial stslements were-
N K Dykes
MrJRFryett
V J Griffiths Pears
A T Jones
B C Pearson
(Re￿gned 2 August 20211
Recruitment and appointment of new trustees
Trustees are appointed by the members at a general meetiro as arKI when new or repl￿eMent skills a
required. During the year two Injstees stood down at the Annua General Meeting and were re-elected.
Organlsatlonal structure
The board of trustees is dected by Ihe annual genera] meeting. The board meets four to six b.rnes a year and
more frequently as required. The board caTries fvll responsibility for Ihe organisation delega11r￿ day lo day
management of activities to its artist￿ direct￿ and business manager.
Th8t
ees, report was
roved by the Board of Trustees.
Trusl
Dated" 16 Dècember 2022

THEATRE IN THE QUARTER LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THEATRE IN THE QUARTER LIMITED
I report lo the trustees on my examination of the financial statements of Theatre In The Quarter Limited Ilhe
charity) for the yeac ended 31 March 2022.
Responsibllities and basis of ￿POrt
As the trustees of the charity land also 115 directOf5 foi the purposes of company lawl you are responsible for
the preparation of the financial slalements in accordance W[￿ the requirements of the Companies Act 2006
Ilhe 2006 Acti
Having satisfied myseK that the financial slalements of the charity are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examir¢ation. I report in respect of my examination of the
charity's financial stalements carried out under section 145 of the Charrties Act 2011 Ilhe 2011 Actl In carrying
out my examination I have followed all the applicable Directions gNen by the Charity Commisgon under
section 145{5llb) of the 2011 Act.
Independent examinerfs statement
I have Gompleled my examination. I wnfimi that no matters have come to my attention in connection wrth the
examination giving MÈ cause to believe that in any material respect..
accounting records were not kept in iespect of the charity as reqUI￿d by se¢tt"on 386 of the 2006 Act., or
the financial slalemenls do not atxord wrth those re￿rdS.. or
the financial statements do rK)t comply wth the accounling 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 consdwed as
part of an independent examinalion., ot
the financial slalemenls have not been prepared in accordan￿ wth the methods and principles of the
Slalemenl of Rècommended Practice for accounting and reporttng by Charities applicable to charities
preparing their accounts in accordance wlh the Financial Repo￿ng Standard applicable in the UK and
Republic of Irela￿1 IFRS 1021.
I have no concems have come across Th) other matters in connection wth the examination to which
attention should be drawn in thi5 report in order lo enable a prortr un(Jerstanding of the finanaal statements to
be reached.
Caroline Blake FCCA
McLinlocks INWI Limited
2 Hilliards Court
Chester Busines5 Park
Chester
Cheshire
CH4 9PX
Dated.. 16 December 2022

THEATRE IN THE QUARTER LIMITED
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOIWE AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2022
Unrestricted Restricted
funds
funds
2022
2022
Totsl Unrestrlcted Restricted
funds
funds
2021
2021
Total
2022
2021
Notss
Donations and legacies
Char((able aCtiV￿eS
Investments
63.709
16,548
63,709
18.270
12
5,C6CI
6,925
5.060
10,505
106
1.722
12
3,580
1(
Total income
1.734
80.257
81.991
3,686
11.985
15.671
Charitsble aclivities
11,750
17.&$1
29.711
11.871
15,104
26,975
Net loutyoingllincoming
resources before transfers
110.016)
2.296
52.280
(8,185)
(3.1191
{11,3041
Gross transfers be￿een
fvnd5
39.000
{39.CNJO)
Net In¢omellexpendllurg} for
the yearj
Net movement In funds
28.964
23.296
S2.280
18,185)
13.1191
(11,3041
Fund balan￿S at 1 April 2021
22.709
15.317
38,026
30,894
18,436
49,330
Fund balanGes at 31 MarGh
2022
51.693
38.613
90.306
22.709
15,317
38,026
The slalemenl of financial activities indudes all gains and losses recognised in the year.
l income and expenditure derive from C(￿tinuIng aiknbes.
The slalement of financial actiwties also complies the requirements for an income and expenclilure account
under the Companies Act 2006.

THEATRE IN THE QUARTER LIMITED
BALANCE SHEET
AS AT31 MARCH2022
2022
2021
Notes
Fixed assets
Tangible assets
31,201
Current assets
Cash at bank and in hand
59.831
38,025
Creditors- amounts falling due within
one year
10
17261
Nel curTent assets
59.105
38,025
Total assets less current liabilities
90,3(
38,026
Incorne funds
Restricted funds
Unrestricted funds
11
38,613
51,693
15,317
22,709
90.306
38,026
The company is enlilled to the exemption from the audil requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2022.
The directors acknowledge their responsibilities for complwng wth the requirements of the Companies Act 2006
with respect lo a¢¢ounting records and Ihe preparation of finar￿la1 statements.
The members have not required the company to obtsin an audit of its finarrial statements for the year in question in
accordance with section 476.
These financial statements have been prepared in accordance with the provigons applicable to companies subject
to the small companies regime.
Th
anci81 statemen
s were approved by the Trustees on 16 December 2022
Jones
stee
Company registration number 05697760

THEATRE IN THE QUARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policies
Charity infomiatlon
Theatre In The Quarter Limited is a wvate company limited by guarantee IllGOtporated in England and Wales.
The registered office is 2 Vicars Lane. Cheslw. Cheshi￿, CH1 1QU.
1.1 Accounting convention
The financial statèments have been prepared in accordan￿ the chattws wverning documenL the
Companies Act 2006. FRS 102 "The Fina￿￿ Reporbng Standard applicable In the UK and Republic ol
Ireland. I"FRS 102.1 and the Charities SORP "Acco￿lIng and Reporting by Chariti@s'. Siatement ol
Recommended Practice applicable to prepariry their a￿unt$ in aCcOrda￿e with the Finanual
Reporting Standard applicable in the UK arKI Republic of Ireland IFRS 102)" {effective 1 January 20191. The
charity is a PUl￿1C Benefit Enlrty as defined by FRS 102.
The charity has takèn advantage of the proviSK￿S in the SORP for chartties not to prepare a Stat￿ent of
Cash Flows.
The financia1 sl*ements are prepared in sterling, which is the functional curtenGy of the Gharity. Monetary
amounts in these finanual statements are rounded lo the nearest £.
The financial statements have been prepared uTrJer the historical cost wnveth"on. The prin(apal accounting
policies adopled are sel out below.
1.2 Going concem
Al the lime of approving the )Inan¢ial slatements. the trustees have a reasonable èxpectab'on that the charity
h8s adeqLJate resources to continue in operational existence for the foreseeatAe future. Thus the trLBtees
continue to adopt the going contsm ba&s of accwnling in preparing the financial statements.
1.3 Charitable funds
Unreslricled funds are available for use at the disuetion of the trustees in fLtrthèr8ncè of their tharitable
objectives.
Restricted funds are subject to specffic coTra￿onS by dorK)rs as to how they may be used. The purposes and
uses of the restricted funds are set oul in the notes lo the financial statements.
1.4 Income
Income 15 remnised when the charity is legally entitled lo it after any performancè conditions have been met.
the awnounls can be measuret1 ￿lIablY. aThJ il is probable Ihat income wll be received.
Cash donabons are recognised on r￿elPt. Other donations are recognised On￿ the charity has been notified
of donation, unless performance Condit￿￿$ require deferr81 of the amount. Income tax recoverable in
relation ID donations received urKler GiftAid or deeds of covenant is recognised at Ihe time of the donation.
1.5 Expenditur8
ah"lilie5 are r&r4nised as expenditure as soon as there is a legal OT constTuclive obligab.on committing th8
charity lo that expenditure, it is probable that a transfer of ecommic benefits wll be required in settlement and
the amount of the oNigation Can be measured reliabty. Expendf(ure Is accounted for on an accruals basis and
has been elassified under headings that aggregate all cnst related to the category. ¥vhe￿ costs cannot be
cfiTectly attTibuled lo particular healings th8y have be￿ all￿ated to ath"vilies on a basis Got￿lstent wilh ihe
use of resources.

THEATRE IN THE QUARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policies
(Contlnuedl
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at ￿5t aThJ subsequenuy measured at cost or valuation. nel of
depreciation and any impaim)ent10ss8s.
D&pwialion is ￿￿nised so as to write off the cost or valuation of assets less thgr ￿sIdUal values over their
usefijl lives on the followin9 bases".
Plant and equipment
2N oneost
1.7 Cash and cash equivalents
Cash and cash equivalent5 Ir￿Ule cash in hand. deposits held al CAII wth banks, other short-tem) liquid
investments with origin81 maturities of thr￿ months or l&ss. and bank overdrafts. Bank overdrafts are shown
thin borrowings in current liabill￿es.
Basie financial assets
Basic financial assets, ￿1th indude debtors and ¢ash and bank balan￿. are initMlly rneasured at
transaction price indud1r￿ transaction costs 8ThJ are subsequently cartied al amorh.sed cost Ltsing the effective
interest method unless the arrangement constitutes a fift8ncin9 transaction, where the transa¢lion is
measured al the present value of the ftjture receipls disc(yJnted at a market rat8 of inleresl. Financial assets
dassified as reC￿VabLe Ythhin one ye* We not amortised.
8asi¢ ffnan¢ial liabilities
Basic financial liabilities. Includrng Creditc￿S and bank loans are initially recognised at Iransaclion price Ljnless
the arrangement consb"tutes a ffnancing transaction. where debt instrument is measlffed at the present
value of the future payments discounted al a market r* of interest Finanaal Ila￿"1￿1eS dasstfied as payable
thin one year are not amtytsed
Debt instruments are subsequentty carried at amorttse(J cost. uwng 1he effecb.ve interest ote method.
Trade ¢￿dItorS are obligations to pay for goods or ServI￿S that have been awutred in the ordinary course of
operations from suppliers. Amounts payable a￿ dassified as current liabilities if payment is due within one
year %Y less. If nol. they are presented as non-ujrrent liabilities. Tiade creditors are recognised initially at
transaction price and 5JJbsequenlly measured at amorb.sed cost usiro the effective inlerost method.
Derecognition of financiTal liabilities
Financial li?bilities are derecognised when the tharity's contractual ouigations expire or are discharged or
12ncelled.
1.8 Employee beneffts
Thé cost of any unused holiday enlrtlement is reccgnised in period in I￿1ch the employee's services are
received.
Terniinalion benefits are recognised immedsatety a5 an eXp￿nSe when thè charity 15 demonstrably committed
to terminate the employmenl of an employee 01 lo piovide temiinatK*n benefits.

THEATRE IN THE QUARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Oonatlons and legacies
Restricted Restricted
funds
funds
2022
2021
Donations and gifts
63,709
5,060
haritable activities
Theatre
production
2022
Theatre
produetlon
2021
Tickets and progfammes
Grants
Sales of ServI￿S by beneficiaries
8.175
1,750
580
7,200
1,722
18,270
10,505
Analysis by fund
Unfeslricted funds
Restricted funds
1,722
16.548
3,580
6,g25
18.270
10,505
For the yearended 31 Ma￿h 2021
Unrestricted funds
Restricted funds
3.580
6.925
10.505
Investments
Unrestricted Unrestricted
funds
nds
2022
2021
Interest receivable
12
106

THEATRE IN THE QUARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Charitable actlvlties
Theatre
Theatre
production produ¢tlon
2022
2021
Depreciation and impaimient
Insuran
Produth"on team fees
Produdton cost5
7.800
1.079
19,996
1.079
24,606
600
28,875
26.285
Share Of suptx)rt costs (see note 61
Share of govemance costs {see r￿te 6}
110
726
29,711
26.975
Analysis by fund
Urweslricted funds
Resthcted fvnds
11.750
17,961
11,871
15,104
2S,711
26,975
For the year ended 31 March 2021
Unreslricled funds
Restricted funds
11.871
15.104
26,975
Supportcosts
Support Govemance
Costs
2022
2021
Website Costs
110
110
Accountancy
726
726
690
110
726
836
690
Analysed be￿een
Charitable actsvilies
110
726
836
690
Governance costs indudes payments to the ind4Endent examiners of £726 (2021- £6901.

THEATRE IN THE QUARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Trustees
None of the Iruslees I￿ any persons conne¢Xed ￿ them) r￿￿¢￿ any remuneration or benefits from the
charity during the year.
Employees
The average monthty number of employees du1v￿ ￿ year was".
2022
Number
2021
Number
Total
Thete were no employees whose annual remuneration wa5 more than £60,000.
Tanglble fixed assets
Plant and equipmollt
Cost
Al l April 2Q21
Additions
2,950
39.000
At 31 March 2022
41,950
Depreciation and impairment
Al 1 April 2021
Depreciation charg￿1 in the year
2,949
7,800
At 31 March 2022
10.749
Carrying amount
At 31 March 2022
31.201
At 31 Mareh 2021
10 CredltOT5: amounts falling due within one year
2022
2021
Accruals and deferred income
726
10-

00>0
Gi ¢D
(oa
0*0
00
oo)
o)00
O WJ U)
I￿0
(yro
a)t
cc S (L () *£ W L) ￿ Cn *£ C£

THEATRE IN THE QUARTER LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
12 Analysts of net assets betrfftn funds
Unrestricted Restricted
2022
2022
Total Unrestricted
2022
2021
Re5trided
2021
Total
2021
Fund balances at 31
March 2022 are
represented by_.
Tangible assets
Currènt asselsllliabilitiesl
31,201
20,492
31,201
59.105
38,613
22,708
15.317
38,025
51,693
38,613
90.31
22.709
15.317
38,026
13 Related party Irdll5aGtions
There were no disclosable related paty trdnsactions during the year12021 - none).
13-