2023-03-31-accounts

Theatre in the Quarter Trustees Annual Report 2022-23

Theatre in the Quarter Trustees Annual Report

2022-23

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 J. Fryett A.T Jones (Chair)

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 being: “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 Chair 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

Theatre in the Quarter Trustees Annual Report 2022-23

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 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’s intergenerational activity was considerable during the year to 31st March 2023 with various projects delivered around the Platinum Jubilee theme. The company built on its experience of creating community film work. With significant investment in audiovisual equipment based at St.Thomas’s church the Company capitalised on its work with young people and enabled it to reach out to and engage with people with additional needs and Ukrainians. The main projects delivered were as follows:

1. Full delivery of an intergenerational project for the Platinum Jubilee involving teenagers meeting and engaging with an older generation in order to interview and share stories.

2. Children’s musical jubilee project which engaged 600 children across Cheshire West.

3. Teenagers delivered two face to face theatre projects.

4. Younger children created and delivered two face to face theatre projects engaging several Ukrainian children.

5. Delivery of Easter and Summer theatre workshops in Blacon.

6. Patchwork created and delivered a live music performance project for Christmas 2022.

FINANCE

Reserves at the end of the year stood at £53847. 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, Chair, Theatre in the Quarter

Chaflty regl$tration number 1129316 Crynpany reglstrallon 05697760 (England Jnd Wal951 THEATRE IN THE QUARTER LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 •A(4CKUK4* A15 2￿5r2￿3 COMPANIES HOUSE

THEATRE IN THE QUARTER LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trnstrts N K [￿keS MrJRFryett V J Grtffiths Pearson A T Jones Secretary A T Jones charity numl 1129316 Company number 05697760 Reglslergd office 2 Virars L Chester Cf*shire CH1 1QU Independenl examlner McLintc¢ks INW) Limited 2 Hilliaids Cwrt Chester Business Park Chester Cwire CH4 9PX

THEATRE IN THE QUARTER LIMITED CONTENTS Page Trustees. rep￿1 Indepentjenl examin￿$ report Stslement of financial activitie$ Bala￿e sheet Notes io the financial statements 6-13

THEATRE IN THE QUARTER LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2023 The truslees present th￿'r annual report and finatxial sLitements for the year ended 31 Marth 2023. The financial statements have been wepared in accordance ¥￿th the accoJnting poI￿leS sel out in note 1 to the financial statements and cOm￿Y with the carity's Igoveming d¢￿jJMentl, the Companies Act 2006 and "Accounting and Reporting by Charib"es'. Statement ol Recommended Piacts"ce applicable to thanlies p￿paring their aeeounts in accordance the Financial ReportyThJ Standard a￿l¢able in the UK and Republic of Ireland {FRS 1021" (effective 1 j￿Uary 20191. Objectives and acllvltl•s The chanty's objects are lo promote. maintain. improve aThJ advance ed￿tKIn particularly by production of plays the ent￿rageM￿ of the arts cl drama, music. gnging arKI dance. In shaping its objethves for Ihe year and planning ils acti¥rt￿ the Iruslees have ￿SIdered the Charity Commission'5 Guidance on publK benefft. induding the guidarte on putAic benefit and fee charging. The theatre relies grants and income from fees arKI charges lo eover ts operatir¥J costs. In setting the level ol fees, harges and concessions. the trustees give carefvl considerab.on to the accessibility of the theatre for those on low incomes. The strategies em￿oyed to achieve the aims ar#J obieetives We to.. . present a t￿Oad rary of theatre productions for the erIo￿nI arbj edl￿alK￿ ofthe IC￿ comnwJnty,' - offer opportunibes for a broad range of people to gel invofved in art5 Xtivty.. - prowde facalities for artists to devel¢¥ The trustees have paid due re9ard to widarKe tssued ty the Charity.Commission in dee￿Ir$ acliwbes Ihe tharity shoukl undertake. Signif￿an1 Actfvrts TIQ'S intergenerational activty was e4)n&derle this year in the various projects delNered the Platinum Jubilee theme. The company bu1￿ on ils experienee of creab.ng communty film work. Wth signfficanl investment in audio visual equipment based al Sl Thomas, Churth. TIQ eapitsli5ed on this wlh ts Work wth young people and adults with addits.onal needs. nQ also reathed out to more margrnalised cc4nmunilie5 including ￿U￿9 people wth additional needs and Ukrainians. The man proje￿ TIQ delivwed as follows.. Full delbvery of intergenera1t￿al project fci the Platinum Jubilee involving te￿agerS meeting and engaging wth an older generats'on in order to intemew and share stories Children's Musical Jubilee project vthith eThJaged 6&) children acr¢Jss Cheshire West . Teenagers delivered two face to face theatre and ffilm proiects Children ereated face to face theatre projects - engaging several Ukrainian children Delivery ol Easter and Summer theatre workshcps in Blacon Patchwo￿ created a live music l￿f￿ManCe Project for Chrislmas 2022 Charltsble Actlvllles AN of the r￿panY$ aLivTrtses are in Iwie thryih its charitat4e ctpds. Flnanclal r•vlew The financial resums for Ihe year are shwi n the Ststement of Fina￿la1 kbvth'es. Income for the year has decreased from £81.991 10 £39.722. ExperKtrtwe for the year amounted lo £59.860 and this has resulted in nel deficit for the year of £20,138. There are total unrestricted lunds of £53,847 and total restricted lunds of £16.321 at the year end.

THEATRE IN THE QUARTER LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 R￿e￿•S poll¢y It is the policy of the eharity that un￿$tri¢￿ed funds have not been desKJnaled for a speciftc use sh￿Id be maintained at a level equwalent to between three and month's expendrture. The trustees considers that reserves at this level wll ensure that. in the event of a &gnificant drop in funding. they ￿11 be able to c￿ntinue the charity's current activib.es while CL)n$￿a￿On is given to ways in which ad￿￿o￿al fvnds may be raised. This level of reseThes has been mainla.ned throuw the year. The Iruslees have assessed the maioT risks to which the tharrty is exkvsed. and e satisffied that systems ¥e in place to mitigale exposure to the rna￿￿ nsks. Plans for the Futu in the year lo ￿Me, Theatre in Quarter will focus on $trer￿erurwj its wryk with yourKJ people, reachiryj out to more marginalised Communi￿eS and finding ways to integrate ts work of its young adults wth addrtional needs into ils mainslream adivity. Structure. governance and managefflent The charty is a company limrted by guaranlee, the charity is controlled by its goveming thxument. a deed of trust. The trustees, are also the direCt￿S for the of comp•)y law. arKI vtho se(ved dunng the y￿r and up to the dale of signature of Ihe financial stalements were.. N K Dykes MrJRFryett V J Griffilhs Pearson A T Jones Recrultment and appoinlment of new trustees Trustees are appointed by the members al a genernl meeting as and when new oi replacemenl skills ¥e required. During the year trustees stood dovm al trAnnual General Meeting and were re-elected. Organisational structure The board of Iruslees is elected ty ts annual me*irvJ. The board meets ftxK lo six times a year and more (requenlty as required. The toard carries luN responsiknlrty for the Lyganisab'on delegatwvJ day to day management of ac4ivitse$ to its arb"$ts¢ dire￿ arKI ￿sInesS managw. The trust s, report was oved by the Board of Trustees. A TJone Trustee Dated." 19 May 2023

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 financ4a ststements of Theatre In The Quarter Limited {Ihe arty) for the year ended 31 March 2023 Responslblltties and basis of report As the tnjstees of the charity (and also its direL1ors for the wrpM)ses of c(xnpany lawl you are responsible the preparation of the finartial statemerts in accordance the ￿u1vernents of the CompanÈs Acl 2006 (the 2006Actl. Having salisfled mysell that the financial slalemenls charity are Th)t require(I lo te authte(1 under Part 16 of the 2006 Aet and are eligitAe for independent examinats'on. I report in respect of my exaninalion of the charity's finanual ststemenls carried out under sedion 145 of the Charities Act 2011 (the 2011 Aetl. In carrying oul my exaffl1nat￿n I have foll¢)wed all applical￿e Directions given by the Charty Commission under sectiw 14515llbl of the 2011 Acl_ Indepndent examlnerfs ststement I have com￿eted my examinalion. I confirm that no matters have come to my attentwm in cOnr£th.c￿ with the examinalion giving me Cause lo bdieve that in any material respect.. accounting reeords were not kept in ￿pect of the chanty as required by section 386 of the 20thS Act., or the financial statements do not alxord wlh those re¢￿dS.. or the financial slalemenls do not compty ￿1h the accountirwJ requirements of ￿tion 396 of the 20C6 Acl other than any requirement that the accounts give a In and fair view vh.eh is not a matter considtred as part of an independent ex8minab"on" or the financial slalement$ have not been prepared in accLYd•Ke ¥ilh ￿ Mett￿d$ arKI prncipks of the ststemenl of Recommended Pracbts for ace(￿At"n9 and rer*)rb"r¥J by tharthes applicable to chantses p￿paring Ihwr accounts in aecordanee wth the Finanud Reports"ng Starxlard applvble in the UK and Republic of Ireland {FRS 1021. I have no coneems aThJ have eome across Th) other matters in connection 7Aryth the examinalKJn to véhich attention should te dr￿1 in this rerort in order lo enable a proper undetstarKling of the financial statements to be ￿a¢he0. Caroline Blake FCCA McLinlod(s {NW) Limrted 2 Hilliards Court Chester Business Park Chester Cheshire CH4 9PX Dated: 19 May 2023

THEATRE IN THE QUARTER LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unrestricted Restrlcted funds funds 2023 2023 Total Unrestrlcted Restricted funds funds 2022 2022 Total 2023 2022 Notes Donations and legacies Chantable aeb"vth"es Investments 1.390 10.000 2.400 25.932 3.790 35.932 63,709 16,548 63,709 18,270 12 1.722 12 Totsl incorne 11.390 28.332 39.722 1.734 80.2S7 81,991 Charitable acb"vilies 11.174 48.686 59.860 11.750 17,961 29.711 Net incominglloutgoing) resources before transfers 216 {20,354) {20.138) (10,018) 62.2 52.280 Gross transfers fvnds 1,938 11.938) 39,( (39,000) Net Incomel{•xpenditur•l for the yearl Net movemenl in funds 2.154 {22,292) QO.138) 28.984 23,2 52.280 Fund balances at 1 April 2022 51,693 38,613 22,709 15,317 38.026 Fund balances at 31 March 2023 S3.847 16.321 70.168 51.693 38,613 90,3L The slalemenl of financial activrts indudes all gains losses recrJntsed in the year. AJI income and expen(tiKe derive frimn continuwwJ aebbryls. The statement of financial acti¥￿e5 also comFAies wth Ihe requiremwts ts an irthme and exFeThJiture account under the Companies Ad 20(6.

THEATRE IN THE QUARTER LIMITED BALANCE SHEEr ASAT31 MARCH 2023 2023 2022 Flxed assets Tangl￿e assets 22,811 31,201 Current a￿ets Cash at bank and in hand 48.197 S9.831 Credltofs: amounts falllng due wlthln one year 11 1840) (7261 Net current assets 47.357 59,105 Total assets less current liabilities 70.168 90,306 Income funds Restricted funds unrestn.cted fvnds 12 16.321 53.847 38,613 51.693 70,168 90.3C6 The company is entitled lo the exemptron fr(Nn Ihe audrt requirement ￿ntaIr￿d in sedion 477 01 Ihe Companies Act 2006, for the year ended 31 Marth 2023. The th.￿clO1$ acknowledge their responsiixlilies for Comp￿1￿ with the ￿quirements of the Compans Act 2(K6 with respec to accounting reo)rds and Ihe weparalion of fNnaal statements. The members have not required the to rtlain an of its finanoal statements for the year in question in accordance V•ilh section 476. These financial statements have been prepared in accordance wih the Fwvisions applicable lo eompan*s subjeci to the small companies regime. The finanaal statements were apwoved by the Truslees on 19 May 2023 ATJon Trustee Company registra number 05697760

THEATRE IN THE QUARTER LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounllng polklgs Charlty infomiatlon Theatre In The Quarter knmiied is a private company limited by guarantse i1w￿d in England and Wales. The registered office is 2 Vicars Lane. Chesler, Cheshire. CH1 1QU. 1.1 Accounting convention The financial slalements have teen prepared li a(tordance ith the chanvs 9oveming documert thg Compantes Ac 20C6, FRS 102 'The Financial Rep￿kng StarKlard aOicaNe in the UK and Reput41¢ of Ireland" I'FRS 102.1 and the Charities SORP "Accnunb"ng and ReFth'ng by Charibes.. Statement of Recommended Pract￿ applicatAe to chanties weparirvj thar accounts in accordance with the Financial Reporting Standard ap￿1¢a￿e in the UK and Republie of Ireland (FRS 1021" (effeth"ve 1 January 20191. Thè charity is a Public Benefit Enb"ty as defined by FRS 102. The tharity has tsken advantsge of ￿ provisi￿$ in the SORP for charib'es not to prepare a Slatanent of Cash Flows. The finartial statements are prepare(l in sterlirwj, ¥rt¥ch is ts furKtional currency of the charity. Mone amounts in these finan¢ial slatements are rounded to the nearest £. The financia stalemenis have been prepared urKler the h￿t(￿Ka1 Cost convention. The rfflncipal accounting policies adopted a￿ sel ¢>Jt bdow. 1.2 Going concem Al the lime of approvirKJ the financial statements. the tnjstees have a reasonable expectation that thè chanty has adequate resources lo conb.nue in operaticvk71 existen￿ for the foreseeable future. Thus the tr￿teeS ontinue to adopt the going ￿n¢effl basis of accounling in preparing the financial statements. 1.3 Charitsblefunds Unrestricted furKls are available for use at the dis(¥etion of the trustees in furtherance of their charitable objectives. RestrKled funds are suty.ect to 5peufic condth.ons by ¢knKJts as to how they may be used. The purFoses 8r#J uses of the restricted funds are set out in the notes lo the finamal ststemenls. 1.4 Incorne Income is rewgnised when the tharity is legally entrtled to rt after any rknance eon¢&tions have been met, the amounts can te measured rdiabty, and rt is probat4e that income ￿11 be recetved. Cash donations are recognised on receipt. Other donalions are recognised ono the tharity has been notified of the donation, unless perfomance condth.ons ￿qUIre deferral of the amounL Irtcome tax reCOvera￿e in relat￿n lo donations received under Grft or deeds of covenant is recogni5ed ai the time of the donation. 1.5 Expenditure Liabilrtie5 are recognised as expeTrJiture as soon as there is a legal or constructive oblig8tion commrtts'ng the charity lo that expenditure. it is probatAe that a transfer of economic beneffts will be required in setuement and the amount of the obliw'on be measured reliably. Expendrture is actounled for on an attruals basis and has been ela5sified Lrnder headings that aggregate all cost related to the ￿tegOry. Where costs cannot b8 dI￿¢11Y attn"buled lo particular headirvjs they have teen ￿lOCated lo ath"¥it*5 on a basis consistent the use ol resour￿$.

THEATRE IN THE QUARTER LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 AccouTrling policies (Continued) 1.6 Tanglble flxed assets Tangible fixed assets ar8 inthally measured at cost and subsequently measwed at cost or valuation, nel of depreciation ￿ any Impalm￿nt losses. Depreciation 1$ r¢¢ognised so as to VYrte off Ihe cost ry yak￿lon of assets less their regdual values over their useful lives on the folhjwng bases.. Plant and equipment 20% on cost 1.7 Cash and cash equivalents Cash and cash equivalents indwje cash n hand. depo%ts hdd at eal wrth banks. other shryl-term liquid investments with original matrJTitses of Ilyee ￿￿th5 or less. And bank overdrafts. Bank overdrafts are sho thin torri)wings in current ￿'th.$￿es. Basic financial assets Basic financial assets, whith indude debtors and cash and bank balances. are initi.ally measured a transaction price including transaction eosts and are subsequendy carried al amortised cost using the effective interest method un￿sS the wTrngement const"rtutes a frnancing transacticffl, Whe￿ the transaction is measured at the present vakne of the future receipts discounted * a market rale of interest. Finanaal assets la5$thed as receivabte within one year are not am￿tiSed. 84sic financlal Ilabllllles Basic financial liabilities. including credii¢Jrs and bank loans are inilKg1ty reccgnised at transaction price unless the arrangernent constitutes a finanang transaction. where Ihe debt instrument is measured al the p￿sent value of the fu￿re payments dixo￿ted at a markel rale of interest. Financial liabilrties dassified as payable vAthin one year are not wnOrti￿. Debt instruments are Slseq￿￿Y carried at amortised cost, wng the effective intwesl rale method. Trade creditors are oUigalions to pay for g￿￿S or serviees that have been acquired in the or(nary course of operations from supplier$. Amounts payable are dassffied as cJJrrent liabilrties rf payment Is due within or year or less. If nol. they are wesented as ￿n-¢u￿nI I￿￿.1￿$. Ti uedrtcrfs are reeognised initially at transaction price and Subseq￿ Me4￿red at amortised cosl using the effective interest mettKMI. Dwecognition of fi￿ncI•l liathliti•s Finarrial liat4"lrties are derecognised the tharity'$ eortractual obligati'ons expire (w are discharged or cancelled. 1.8 Employee benefrts The cost of any unused holiday erthemerrt is recognised in the peri¢xl in vthith the emF4oyee's services are received. Termination beneffts are recognised wnmerfiatety as an expense vh*n the cthanty 1$ demonstrabty committed to temnate the employment of an emplw or to provide teminats.on berth.

THEATRE IN THE QUARTER LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Donations and legacies Unrgstricted Restricted funds Total Reslrict fvnds 2023 2023 2023 2022 Donations and grfts 1.3 2.4(M] 3.790 63,709 Charltable a¢tlviiles productlon 2023 ploductioft 2022 rickets and Fffogrammes Grants Sales of service5 by be￿clarIeS 11.932 24.000 9.348 7.200 1.722 35.932 18.270 Analysis by knd Unrestricted funds Restricted I￿￿S 10.000 25.932 1.722 16,548 35.932 18,270 For the y￿r ende(t 31 March 2022 Unrestricted furKIs Restricted lunds 1,722 16,548 18.270 Investments Total Unrestrlcted funds 2023 2022 Interest receivabk 12

THEATRE IN THE QUARTER LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Charitable actlvStSes Theatre Theatre productlon producllon 2023 2022 Depreciation and impainnent Insurance Advertisng Production team fees 8.390 1,079 450 48,236 7.80) 1.079 19,996 58,155 28,875 Share of Costs {see Tr)te 61 Share of governan￿ Costs (see n¢)te 6) 55 1,650 110 726 59,860 29.711 Analysls by fund Unrestricted funds Restricted funds 11,174 48,686 11,750 17,961 59.860 29,711 For the year ended 31 March 2022 Unrestricted fvnds Restricted fvnds 11.750 17,961 29.711 Support costs Support Govemanee costs 2023 2022 bsite Costs 55 110 Atcountaney 1.650 1.650 726 55 1.650 1.705 836 Analysed befv￿n Charrtable activities 1.650 1,705 836 Govemance costs inckvjes payments lo trE indeFerKlent examiners of £81012022- £7261.

THEATRE IN THE QUARTER LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 N￿e of Ihe trustees {or any persons connected *ith It￿￿> Teceived any remwEration or tenefils from the charity during the yew. Employees The average monthty number ofèmployees during the year was: 2023 Number 2022 Number There were rn) employees tp41)ose annua reM￿er￿.￿ VAS more than £60.000. Taxatlon The charity is exempl from tsx on income and gains falling wthin se(l¢on 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the exlent that Ihese a￿ applied to ils charilable objects. 10 Tangible fixed assets PlartarKI ewiprnent Cost Al 1 April 2022 41,950 Al 31 March 2023 41.950 Oepreclation and Impalrnent At 1 April 2022 DepreCiat￿n Ch￿ed in the year 10,749 8,390 At 31 M¥th 2023 19,139 ca￿11Th9 amount At 31 2023 22.811 At 31 2022 31.201 11 Creditors: amounts falllng due withln one year 2023 2022 Accruals ar¥J delerred inrnme 840 726 10-

THEATRE IN THE QUARTER LIMITED NOTES TO ThE FINANCIAL STATEMEPUS ICONTINUEDI FOR THE YEARENDED 31 W4RCH 2023 31 ￿•￿h1o23 3.155 9.162 IU11) 3.692 9.162 {13.Wl 1.759 9.162 Rosbicted grants klU￿C Earf of Chosler 88CCIN At15 PTQiKI Rewind Propci Aits 39.45D 26.759 14.49)) 14.7D¥ 2.10) 122.4711 {1.9361 I4￿) 13.3))) 8e4c￿ pr(4Èct ukra￿1￿n R8hw ￿￿2 ProJ8d 8.1(X) 13501 15.317 J257 I11￿1) I￿.L￿￿)) 38.613 28.33Z {48.6861 11.93B) 16.321

THEATRE IN THE QUARTER LIMITED NOTES TO THE FINANCIAL 8TATEMeNTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2023 12 Rellrictsd (Con￿n￿•d) Th• r•sthcéd in 2017frtth Nthv PA￿￿$ CshveWesi sknj Chesth Cf•Jnc41wAS fi¥sealiY4And lithbfvj at Sl IA4ry5 Crea ace. Otlhe sumofmney recwhwd £9.162 kscJr￿dfC￿￿. £1.938wa5 translerred tOuf¢strithd r￿j5. £2.4W r&Lzrried fward. 12-

THEATRE IN THE QUARTER LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 13 An•tysb of net assets between funds Total UnrestrKted Rèstrietsd 2023 2022 2022 Total 2022 2023 2023 Fund balances at 31 March 2023 are represented by". Tangible assets Current assetsl{liabilthesl 22.811 31.036 22.811 47.357 31.201 20,492 31,201 59.105 16,321 38.613 53.847 16,321 70.168 51.693 38.613 90,3C6 14 Related party transactkbn$ There were no disc4osable ￿latsd party tran$ath￿S thring the year {2022 - n￿e). 13-

Chaflty regl$tration number 1129316 Crynpany reglstrallon 05697760 (England Jnd Wal951 THEATRE IN THE QUARTER LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 •A(4CKUK4* A15 2￿5r2￿3 COMPANIES HOUSE

THEATRE IN THE QUARTER LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trnstrts N K [￿keS MrJRFryett V J Grtffiths Pearson A T Jones Secretary A T Jones charity numl 1129316 Company number 05697760 Reglslergd office 2 Virars L Chester Cf*shire CH1 1QU Independenl examlner McLintc¢ks INW) Limited 2 Hilliaids Cwrt Chester Business Park Chester Cwire CH4 9PX

THEATRE IN THE QUARTER LIMITED CONTENTS Page Trustees. rep￿1 Indepentjenl examin￿$ report Stslement of financial activitie$ Bala￿e sheet Notes io the financial statements 6-13

THEATRE IN THE QUARTER LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2023 The truslees present th￿'r annual report and finatxial sLitements for the year ended 31 Marth 2023. The financial statements have been wepared in accordance ¥￿th the accoJnting poI￿leS sel out in note 1 to the financial statements and cOm￿Y with the carity's Igoveming d¢￿jJMentl, the Companies Act 2006 and "Accounting and Reporting by Charib"es'. Statement ol Recommended Piacts"ce applicable to thanlies p￿paring their aeeounts in accordance the Financial ReportyThJ Standard a￿l¢able in the UK and Republic of Ireland {FRS 1021" (effective 1 j￿Uary 20191. Objectives and acllvltl•s The chanty's objects are lo promote. maintain. improve aThJ advance ed￿tKIn particularly by production of plays the ent￿rageM￿ of the arts cl drama, music. gnging arKI dance. In shaping its objethves for Ihe year and planning ils acti¥rt￿ the Iruslees have ￿SIdered the Charity Commission'5 Guidance on publK benefft. induding the guidarte on putAic benefit and fee charging. The theatre relies grants and income from fees arKI charges lo eover ts operatir¥J costs. In setting the level ol fees, harges and concessions. the trustees give carefvl considerab.on to the accessibility of the theatre for those on low incomes. The strategies em￿oyed to achieve the aims ar#J obieetives We to.. . present a t￿Oad rary of theatre productions for the erIo￿nI arbj edl￿alK￿ ofthe IC￿ comnwJnty,' - offer opportunibes for a broad range of people to gel invofved in art5 Xtivty.. - prowde facalities for artists to devel¢¥ The trustees have paid due re9ard to widarKe tssued ty the Charity.Commission in dee￿Ir$ acliwbes Ihe tharity shoukl undertake. Signif￿an1 Actfvrts TIQ'S intergenerational activty was e4)n&derle this year in the various projects delNered the Platinum Jubilee theme. The company bu1￿ on ils experienee of creab.ng communty film work. Wth signfficanl investment in audio visual equipment based al Sl Thomas, Churth. TIQ eapitsli5ed on this wlh ts Work wth young people and adults with addits.onal needs. nQ also reathed out to more margrnalised cc4nmunilie5 including ￿U￿9 people wth additional needs and Ukrainians. The man proje￿ TIQ delivwed as follows.. Full delbvery of intergenera1t￿al project fci the Platinum Jubilee involving te￿agerS meeting and engaging wth an older generats'on in order to intemew and share stories Children's Musical Jubilee project vthith eThJaged 6&) children acr¢Jss Cheshire West . Teenagers delivered two face to face theatre and ffilm proiects Children ereated face to face theatre projects - engaging several Ukrainian children Delivery ol Easter and Summer theatre workshcps in Blacon Patchwo￿ created a live music l￿f￿ManCe Project for Chrislmas 2022 Charltsble Actlvllles AN of the r￿panY$ aLivTrtses are in Iwie thryih its charitat4e ctpds. Flnanclal r•vlew The financial resums for Ihe year are shwi n the Ststement of Fina￿la1 kbvth'es. Income for the year has decreased from £81.991 10 £39.722. ExperKtrtwe for the year amounted lo £59.860 and this has resulted in nel deficit for the year of £20,138. There are total unrestricted lunds of £53,847 and total restricted lunds of £16.321 at the year end.

THEATRE IN THE QUARTER LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 R￿e￿•S poll¢y It is the policy of the eharity that un￿$tri¢￿ed funds have not been desKJnaled for a speciftc use sh￿Id be maintained at a level equwalent to between three and month's expendrture. The trustees considers that reserves at this level wll ensure that. in the event of a &gnificant drop in funding. they ￿11 be able to c￿ntinue the charity's current activib.es while CL)n$￿a￿On is given to ways in which ad￿￿o￿al fvnds may be raised. This level of reseThes has been mainla.ned throuw the year. The Iruslees have assessed the maioT risks to which the tharrty is exkvsed. and e satisffied that systems ¥e in place to mitigale exposure to the rna￿￿ nsks. Plans for the Futu in the year lo ￿Me, Theatre in Quarter will focus on $trer￿erurwj its wryk with yourKJ people, reachiryj out to more marginalised Communi￿eS and finding ways to integrate ts work of its young adults wth addrtional needs into ils mainslream adivity. Structure. governance and managefflent The charty is a company limrted by guaranlee, the charity is controlled by its goveming thxument. a deed of trust. The trustees, are also the direCt￿S for the of comp•)y law. arKI vtho se(ved dunng the y￿r and up to the dale of signature of Ihe financial stalements were.. N K Dykes MrJRFryett V J Griffilhs Pearson A T Jones Recrultment and appoinlment of new trustees Trustees are appointed by the members al a genernl meeting as and when new oi replacemenl skills ¥e required. During the year trustees stood dovm al trAnnual General Meeting and were re-elected. Organisational structure The board of Iruslees is elected ty ts annual me*irvJ. The board meets ftxK lo six times a year and more (requenlty as required. The toard carries luN responsiknlrty for the Lyganisab'on delegatwvJ day to day management of ac4ivitse$ to its arb"$ts¢ dire￿ arKI ￿sInesS managw. The trust s, report was oved by the Board of Trustees. A TJone Trustee Dated." 19 May 2023

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 financ4a ststements of Theatre In The Quarter Limited {Ihe arty) for the year ended 31 March 2023 Responslblltties and basis of report As the tnjstees of the charity (and also its direL1ors for the wrpM)ses of c(xnpany lawl you are responsible the preparation of the finartial statemerts in accordance the ￿u1vernents of the CompanÈs Acl 2006 (the 2006Actl. Having salisfled mysell that the financial slalemenls charity are Th)t require(I lo te authte(1 under Part 16 of the 2006 Aet and are eligitAe for independent examinats'on. I report in respect of my exaninalion of the charity's finanual ststemenls carried out under sedion 145 of the Charities Act 2011 (the 2011 Aetl. In carrying oul my exaffl1nat￿n I have foll¢)wed all applical￿e Directions given by the Charty Commission under sectiw 14515llbl of the 2011 Acl_ Indepndent examlnerfs ststement I have com￿eted my examinalion. I confirm that no matters have come to my attentwm in cOnr£th.c￿ with the examinalion giving me Cause lo bdieve that in any material respect.. accounting reeords were not kept in ￿pect of the chanty as required by section 386 of the 20thS Act., or the financial statements do not alxord wlh those re¢￿dS.. or the financial slalemenls do not compty ￿1h the accountirwJ requirements of ￿tion 396 of the 20C6 Acl other than any requirement that the accounts give a In and fair view vh.eh is not a matter considtred as part of an independent ex8minab"on" or the financial slalement$ have not been prepared in accLYd•Ke ¥ilh ￿ Mett￿d$ arKI prncipks of the ststemenl of Recommended Pracbts for ace(￿At"n9 and rer*)rb"r¥J by tharthes applicable to chantses p￿paring Ihwr accounts in aecordanee wth the Finanud Reports"ng Starxlard applvble in the UK and Republic of Ireland {FRS 1021. I have no coneems aThJ have eome across Th) other matters in connection 7Aryth the examinalKJn to véhich attention should te dr￿1 in this rerort in order lo enable a proper undetstarKling of the financial statements to be ￿a¢he0. Caroline Blake FCCA McLinlod(s {NW) Limrted 2 Hilliards Court Chester Business Park Chester Cheshire CH4 9PX Dated: 19 May 2023

THEATRE IN THE QUARTER LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unrestricted Restrlcted funds funds 2023 2023 Total Unrestrlcted Restricted funds funds 2022 2022 Total 2023 2022 Notes Donations and legacies Chantable aeb"vth"es Investments 1.390 10.000 2.400 25.932 3.790 35.932 63,709 16,548 63,709 18,270 12 1.722 12 Totsl incorne 11.390 28.332 39.722 1.734 80.2S7 81,991 Charitable acb"vilies 11.174 48.686 59.860 11.750 17,961 29.711 Net incominglloutgoing) resources before transfers 216 {20,354) {20.138) (10,018) 62.2 52.280 Gross transfers fvnds 1,938 11.938) 39,( (39,000) Net Incomel{•xpenditur•l for the yearl Net movemenl in funds 2.154 {22,292) QO.138) 28.984 23,2 52.280 Fund balances at 1 April 2022 51,693 38,613 22,709 15,317 38.026 Fund balances at 31 March 2023 S3.847 16.321 70.168 51.693 38,613 90,3L The slalemenl of financial activrts indudes all gains losses recrJntsed in the year. AJI income and expen(tiKe derive frimn continuwwJ aebbryls. The statement of financial acti¥￿e5 also comFAies wth Ihe requiremwts ts an irthme and exFeThJiture account under the Companies Ad 20(6.

THEATRE IN THE QUARTER LIMITED BALANCE SHEEr ASAT31 MARCH 2023 2023 2022 Flxed assets Tangl￿e assets 22,811 31,201 Current a￿ets Cash at bank and in hand 48.197 S9.831 Credltofs: amounts falllng due wlthln one year 11 1840) (7261 Net current assets 47.357 59,105 Total assets less current liabilities 70.168 90,306 Income funds Restricted funds unrestn.cted fvnds 12 16.321 53.847 38,613 51.693 70,168 90.3C6 The company is entitled lo the exemptron fr(Nn Ihe audrt requirement ￿ntaIr￿d in sedion 477 01 Ihe Companies Act 2006, for the year ended 31 Marth 2023. The th.￿clO1$ acknowledge their responsiixlilies for Comp￿1￿ with the ￿quirements of the Compans Act 2(K6 with respec to accounting reo)rds and Ihe weparalion of fNnaal statements. The members have not required the to rtlain an of its finanoal statements for the year in question in accordance V•ilh section 476. These financial statements have been prepared in accordance wih the Fwvisions applicable lo eompan*s subjeci to the small companies regime. The finanaal statements were apwoved by the Truslees on 19 May 2023 ATJon Trustee Company registra number 05697760

THEATRE IN THE QUARTER LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Accounllng polklgs Charlty infomiatlon Theatre In The Quarter knmiied is a private company limited by guarantse i1w￿d in England and Wales. The registered office is 2 Vicars Lane. Chesler, Cheshire. CH1 1QU. 1.1 Accounting convention The financial slalements have teen prepared li a(tordance ith the chanvs 9oveming documert thg Compantes Ac 20C6, FRS 102 'The Financial Rep￿kng StarKlard aOicaNe in the UK and Reput41¢ of Ireland" I'FRS 102.1 and the Charities SORP "Accnunb"ng and ReFth'ng by Charibes.. Statement of Recommended Pract￿ applicatAe to chanties weparirvj thar accounts in accordance with the Financial Reporting Standard ap￿1¢a￿e in the UK and Republie of Ireland (FRS 1021" (effeth"ve 1 January 20191. Thè charity is a Public Benefit Enb"ty as defined by FRS 102. The tharity has tsken advantsge of ￿ provisi￿$ in the SORP for charib'es not to prepare a Slatanent of Cash Flows. The finartial statements are prepare(l in sterlirwj, ¥rt¥ch is ts furKtional currency of the charity. Mone amounts in these finan¢ial slatements are rounded to the nearest £. The financia stalemenis have been prepared urKler the h￿t(￿Ka1 Cost convention. The rfflncipal accounting policies adopted a￿ sel ¢>Jt bdow. 1.2 Going concem Al the lime of approvirKJ the financial statements. the tnjstees have a reasonable expectation that thè chanty has adequate resources lo conb.nue in operaticvk71 existen￿ for the foreseeable future. Thus the tr￿teeS ontinue to adopt the going ￿n¢effl basis of accounling in preparing the financial statements. 1.3 Charitsblefunds Unrestricted furKls are available for use at the dis(¥etion of the trustees in furtherance of their charitable objectives. RestrKled funds are suty.ect to 5peufic condth.ons by ¢knKJts as to how they may be used. The purFoses 8r#J uses of the restricted funds are set out in the notes lo the finamal ststemenls. 1.4 Incorne Income is rewgnised when the tharity is legally entrtled to rt after any rknance eon¢&tions have been met, the amounts can te measured rdiabty, and rt is probat4e that income ￿11 be recetved. Cash donations are recognised on receipt. Other donalions are recognised ono the tharity has been notified of the donation, unless perfomance condth.ons ￿qUIre deferral of the amounL Irtcome tax reCOvera￿e in relat￿n lo donations received under Grft or deeds of covenant is recogni5ed ai the time of the donation. 1.5 Expenditure Liabilrtie5 are recognised as expeTrJiture as soon as there is a legal or constructive oblig8tion commrtts'ng the charity lo that expenditure. it is probatAe that a transfer of economic beneffts will be required in setuement and the amount of the obliw'on be measured reliably. Expendrture is actounled for on an attruals basis and has been ela5sified Lrnder headings that aggregate all cost related to the ￿tegOry. Where costs cannot b8 dI￿¢11Y attn"buled lo particular headirvjs they have teen ￿lOCated lo ath"¥it*5 on a basis consistent the use ol resour￿$.

THEATRE IN THE QUARTER LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 AccouTrling policies (Continued) 1.6 Tanglble flxed assets Tangible fixed assets ar8 inthally measured at cost and subsequently measwed at cost or valuation, nel of depreciation ￿ any Impalm￿nt losses. Depreciation 1$ r¢¢ognised so as to VYrte off Ihe cost ry yak￿lon of assets less their regdual values over their useful lives on the folhjwng bases.. Plant and equipment 20% on cost 1.7 Cash and cash equivalents Cash and cash equivalents indwje cash n hand. depo%ts hdd at eal wrth banks. other shryl-term liquid investments with original matrJTitses of Ilyee ￿￿th5 or less. And bank overdrafts. Bank overdrafts are sho thin torri)wings in current ￿'th.$￿es. Basic financial assets Basic financial assets, whith indude debtors and cash and bank balances. are initi.ally measured a transaction price including transaction eosts and are subsequendy carried al amortised cost using the effective interest method un￿sS the wTrngement const"rtutes a frnancing transacticffl, Whe￿ the transaction is measured at the present vakne of the future receipts discounted * a market rale of interest. Finanaal assets la5$thed as receivabte within one year are not am￿tiSed. 84sic financlal Ilabllllles Basic financial liabilities. including credii¢Jrs and bank loans are inilKg1ty reccgnised at transaction price unless the arrangernent constitutes a finanang transaction. where Ihe debt instrument is measured al the p￿sent value of the fu￿re payments dixo￿ted at a markel rale of interest. Financial liabilrties dassified as payable vAthin one year are not wnOrti￿. Debt instruments are Slseq￿￿Y carried at amortised cost, wng the effective intwesl rale method. Trade creditors are oUigalions to pay for g￿￿S or serviees that have been acquired in the or(nary course of operations from supplier$. Amounts payable are dassffied as cJJrrent liabilrties rf payment Is due within or year or less. If nol. they are wesented as ￿n-¢u￿nI I￿￿.1￿$. Ti uedrtcrfs are reeognised initially at transaction price and Subseq￿ Me4￿red at amortised cosl using the effective interest mettKMI. Dwecognition of fi￿ncI•l liathliti•s Finarrial liat4"lrties are derecognised the tharity'$ eortractual obligati'ons expire (w are discharged or cancelled. 1.8 Employee benefrts The cost of any unused holiday erthemerrt is recognised in the peri¢xl in vthith the emF4oyee's services are received. Termination beneffts are recognised wnmerfiatety as an expense vh*n the cthanty 1$ demonstrabty committed to temnate the employment of an emplw or to provide teminats.on berth.

THEATRE IN THE QUARTER LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Donations and legacies Unrgstricted Restricted funds Total Reslrict fvnds 2023 2023 2023 2022 Donations and grfts 1.3 2.4(M] 3.790 63,709 Charltable a¢tlviiles productlon 2023 ploductioft 2022 rickets and Fffogrammes Grants Sales of service5 by be￿clarIeS 11.932 24.000 9.348 7.200 1.722 35.932 18.270 Analysis by knd Unrestricted funds Restricted I￿￿S 10.000 25.932 1.722 16,548 35.932 18,270 For the y￿r ende(t 31 March 2022 Unrestricted furKIs Restricted lunds 1,722 16,548 18.270 Investments Total Unrestrlcted funds 2023 2022 Interest receivabk 12

THEATRE IN THE QUARTER LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Charitable actlvStSes Theatre Theatre productlon producllon 2023 2022 Depreciation and impainnent Insurance Advertisng Production team fees 8.390 1,079 450 48,236 7.80) 1.079 19,996 58,155 28,875 Share of Costs {see Tr)te 61 Share of governan￿ Costs (see n¢)te 6) 55 1,650 110 726 59,860 29.711 Analysls by fund Unrestricted funds Restricted funds 11,174 48,686 11,750 17,961 59.860 29,711 For the year ended 31 March 2022 Unrestricted fvnds Restricted fvnds 11.750 17,961 29.711 Support costs Support Govemanee costs 2023 2022 bsite Costs 55 110 Atcountaney 1.650 1.650 726 55 1.650 1.705 836 Analysed befv￿n Charrtable activities 1.650 1,705 836 Govemance costs inckvjes payments lo trE indeFerKlent examiners of £81012022- £7261.

THEATRE IN THE QUARTER LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 N￿e of Ihe trustees {or any persons connected *ith It￿￿> Teceived any remwEration or tenefils from the charity during the yew. Employees The average monthty number ofèmployees during the year was: 2023 Number 2022 Number There were rn) employees tp41)ose annua reM￿er￿.￿ VAS more than £60.000. Taxatlon The charity is exempl from tsx on income and gains falling wthin se(l¢on 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the exlent that Ihese a￿ applied to ils charilable objects. 10 Tangible fixed assets PlartarKI ewiprnent Cost Al 1 April 2022 41,950 Al 31 March 2023 41.950 Oepreclation and Impalrnent At 1 April 2022 DepreCiat￿n Ch￿ed in the year 10,749 8,390 At 31 M¥th 2023 19,139 ca￿11Th9 amount At 31 2023 22.811 At 31 2022 31.201 11 Creditors: amounts falllng due withln one year 2023 2022 Accruals ar¥J delerred inrnme 840 726 10-

THEATRE IN THE QUARTER LIMITED NOTES TO ThE FINANCIAL STATEMEPUS ICONTINUEDI FOR THE YEARENDED 31 W4RCH 2023 31 ￿•￿h1o23 3.155 9.162 IU11) 3.692 9.162 {13.Wl 1.759 9.162 Rosbicted grants klU￿C Earf of Chosler 88CCIN At15 PTQiKI Rewind Propci Aits 39.45D 26.759 14.49)) 14.7D¥ 2.10) 122.4711 {1.9361 I4￿) 13.3))) 8e4c￿ pr(4Èct ukra￿1￿n R8hw ￿￿2 ProJ8d 8.1(X) 13501 15.317 J257 I11￿1) I￿.L￿￿)) 38.613 28.33Z {48.6861 11.93B) 16.321

THEATRE IN THE QUARTER LIMITED NOTES TO THE FINANCIAL 8TATEMeNTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2023 12 Rellrictsd (Con￿n￿•d) Th• r•sthcéd in 2017frtth Nthv PA￿￿$ CshveWesi sknj Chesth Cf•Jnc41wAS fi¥sealiY4And lithbfvj at Sl IA4ry5 Crea ace. Otlhe sumofmney recwhwd £9.162 kscJr￿dfC￿￿. £1.938wa5 translerred tOuf¢strithd r￿j5. £2.4W r&Lzrried fward. 12-

THEATRE IN THE QUARTER LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 13 An•tysb of net assets between funds Total UnrestrKted Rèstrietsd 2023 2022 2022 Total 2022 2023 2023 Fund balances at 31 March 2023 are represented by". Tangible assets Current assetsl{liabilthesl 22.811 31.036 22.811 47.357 31.201 20,492 31,201 59.105 16,321 38.613 53.847 16,321 70.168 51.693 38.613 90,3C6 14 Related party transactkbn$ There were no disc4osable ￿latsd party tran$ath￿S thring the year {2022 - n￿e). 13-