_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 c*arity'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 Actfvrt*s
TIQ'S intergenerational activty was e4)n&der*le 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$ aL*ivTrtses 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 $trer￿erurwj its wryk with yourKJ people, reachiryj out to
more marginalised Communi￿eS and finding ways to integrate ts work of its young adults wth addrtional needs
into ils mainslream adivity.
Structure. governance and managefflent
The charty is a company limrted by guaranlee, the charity is controlled by its goveming thxument. a deed of
trust.
The trustees, are also the direCt￿S for the of comp•)y law. arKI vtho se(ved dunng the y￿r and up
to the dale of signature of Ihe financial stalements were..
N K Dykes
MrJRFryett
V J Griffilhs Pearson
A T Jones
Recrultment and appoinlment of new trustees
Trustees are appointed by the members al a genernl meeting as and when new oi replacemenl skills ¥e
required. During the year trustees stood dovm al tr*Annual General Meeting and were re-elected.
Organisational structure
The board of Iruslees is elected ty ts annual me*irvJ. The board meets ftxK lo six times a year and
more (requenlty as required. The toard carries luN responsiknlrty for the Lyganisab'on delegatwvJ day to day
management of ac4ivitse$ 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 activrt*s indudes all gains losses recr*Jntsed in the year.
AJI income and expen(*tiKe derive frimn continuwwJ aebbryl*s.
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 Compan*s 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 V*Yrte 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 Sl*seq￿￿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•sthc*éd in 2017frtth Nthv PA￿￿$ C**shveWesi 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 c*arity'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 Actfvrt*s
TIQ'S intergenerational activty was e4)n&der*le 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$ aL*ivTrtses 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 $trer￿erurwj its wryk with yourKJ people, reachiryj out to
more marginalised Communi￿eS and finding ways to integrate ts work of its young adults wth addrtional needs
into ils mainslream adivity.
Structure. governance and managefflent
The charty is a company limrted by guaranlee, the charity is controlled by its goveming thxument. a deed of
trust.
The trustees, are also the direCt￿S for the of comp•)y law. arKI vtho se(ved dunng the y￿r and up
to the dale of signature of Ihe financial stalements were..
N K Dykes
MrJRFryett
V J Griffilhs Pearson
A T Jones
Recrultment and appoinlment of new trustees
Trustees are appointed by the members al a genernl meeting as and when new oi replacemenl skills ¥e
required. During the year trustees stood dovm al tr*Annual General Meeting and were re-elected.
Organisational structure
The board of Iruslees is elected ty ts annual me*irvJ. The board meets ftxK lo six times a year and
more (requenlty as required. The toard carries luN responsiknlrty for the Lyganisab'on delegatwvJ day to day
management of ac4ivitse$ 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 activrt*s indudes all gains losses recr*Jntsed in the year.
AJI income and expen(*tiKe derive frimn continuwwJ aebbryl*s.
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 Compan*s 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 V*Yrte 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 Sl*seq￿￿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•sthc*éd in 2017frtth Nthv PA￿￿$ C**shveWesi 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-