REGISTERED COMPANY NUMBER: 07193792 (England and Wales) REGISTERED CHARITY NUMBER: 1136157
Bamboozle Theatre Company Limited
Report of the Trustees and
Financial Statements for the Year Ended 31 March 2024
Bamboozle Theatre Company Limited
Contents of the Financial Statements for the Year Ended 31 March 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 6 |
| Independent Examiner's Report | 7 | ||
| Statement of Financial Activities | 8 | ||
| Statement of Financial Position | 9 | to | 10 |
| Statement of Cash Flows | 11 | ||
| Notes to the Financial Statements | 12 | to | 21 |
Bamboozle Theatre Company Limited (Registered number: 07193792)
Report of the Trustees for the Year Ended 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity aims to advance the education of students with emotional, behavioural or other learning difficulties. The aim is to also educate and assist the parents, carers and teachers of those students as well as the general public. The trustees have had due regard to guidance published by the Charity Commission on public benefit.
We aim to empower all learning disabled children and young people through creative interaction. It is our mission to offer learning disabled children and young people, along with their families and carers, innovative opportunities to interact meaningfully with the world and to confound expectations of what disabled children can achieve.
We deliver our aim through three strands of activity:
Education and Learning
Bamboozle provides creative and innovative learning experiences for children with special needs and shares its pioneering methodology with teachers and educators through training and research projects.
Families and Community
Bamboozle produces transformative multi-sensory experiences for learning disabled children and their whole families and finds ways to engage those that are hardest to reach.
Theatre and Touring
Bamboozle takes high quality, interactive and immersive performances into theatres and special schools in order to reach, engage and entertain all children no matter what their learning disability. All activities aim to leave a legacy beyond the time our beneficiaries spend with Bamboozle.
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Bamboozle Theatre Company Limited (Registered number: 07193792)
Report of the Trustees for the Year Ended 31 March 2024
OBJECTIVES AND ACTIVITIES Significant activities Theatre and Touring
The River - we completed the final leg of two which included performances in new Levelling Up Areas for culture as part of our additional funding through the ACE National Portfolio funding, which is introducing us to new audiences. A showcase at The Curve Theatre in Leicester where we are an Associate Company took place on 31 January attended by 150 guests, this is part of our annual 'thank you' to regular supporters and an opportunity to invite people who are new to our work to see what we do. The show was part of the Southbank's Imagine Festival in February.
Storm - completed a 6-week tour to schools in November and January and included performances in schools in Levelling Up Areas for Culture.
International
Italy
2023-24 was the start of a developing relationship with ArteVOX company in Milan. ArteVOX , is a theatre production and research company in the field of performing arts and live performance with a focus on accessibility for neurodivergent audiences and sensory disabled people. Their producers attended our Summer School in July, and our Artistic Director was invited to speak at a conference in Mantova near Milan in October, "Accessible Theatre - Between Necessity and Sustainability". Our Artistic Director and our Associate Director for Families and Community sent tie with the company in June sharing the Bamboozle approach and ArteVOX visited Bamboozle in July to continue the exploration and collaboration as part of our research and development into creating a new work for young people on the Autism Spectrum.
Egypt
2023-24 saw the continuation of our relationship with AFCA Arts Centre based in Cairo in Egypt. AFCA Arts Centre is a contemporary arts and culture organization for the youth and the young at heart based in Cairo, AFCA provides a space for exploration and experimentation for the youth and artists alike for a more culturally and artistically enabled future generations through multiple contemporary arts disciplines such as Theatre and Performing Arts. Together with AFCA we applied for funding to the British Council for a new AS co-production using two Egyptian and two Bamboozle performers in the company. The funding outcome will be known in September 2024 and if successful production begins in October 2024 with touring to Egypt and England in early 2025.
Families and Community
Backyard - We delivered 3 days of Backyard at Easter for children and families, this was linked to a training module of 3 days for new artists. Our Summer programme of 18 days programmed for the Summer was very popular and booked up within three days. As well as the benefits for the young people, parents were noticeably relaxed and at ease. We also saw an increase in attendance from pre-school children, some pre diagnosis. Autumn Backyard took place 17/18th Oct at Rowley Fields allotment in Leicester, the venue has now become our regular outdoor space in Leicester. Beneficiaries included a mix of regular and new families who were on the waiting list from the summer. As well as the continued training and development of our freelance creative team the programme is now starting to attract more volunteers.
Voices. As part of our cross-programme work, we are looking to further engage and understand how our participants Voices are heard, captured and form part of how we develop our work. We had a Children's feedback Day at Backyard- on 19th October where we invited three families for individual hour-long sessions to gather the children's feedback on The Backyard and the Wildings sessions. Looking Back -Moving Forward meeting -30th Oct at Cross Corners Arts Centre. We met for a reflection day at with two Backyard parents, 6 artists, the family development worker and a volunteer. Their feedback has been used to develop our work.
Christmas Concert. On Sunday 3 December we delivered our first live event for families at Leicestershire County Cricket Club , Grace Road, Leicester.
20 families booked in to attend but due to illness/weather prevented 3 coming. The event was filmed and was broadcast on You Tube platform for a school's audience and a family audience on 19 December.
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Bamboozle Theatre Company Limited (Registered number: 07193792)
Report of the Trustees for the Year Ended 31 March 2024
OBJECTIVES AND ACTIVITIES
Family Residency. We delivered a family residency of our production, The River of Baada at Curve, for children and young people with PMLD. The family residencies give time and space for whole families to attend a theatre show together and fully enable siblings and parents to engage in the immersive experience together.
Education and Training
HUB training schools programme is supported by the ACE Levelling Up for Culture funding support. Bamboozle are working in three hub schools in Luton, North Nottinghamshire and Middlesborough. Two courses have been delivered in each of the three HUB schools this year with good attendance averaging at around 16-18 staff per course.
SENSE - we completed x 5 training sessions for SENSE staff across the Midlands and East Anglia. These demonstrated to SENSE staff the possibilities of what can be offered to their young people. We have been commissioned to deliver more trainings in their four SENSE college sites in April 2024.
Summer School - July 2023.
Our first Summer School sold out. 12 attendees from 8 countries across four continents attended, demonstrating our increasing reach. The attendees worked in two groups to create one show for PMLD audience and one for an AS audience. Families came into Curve Theatre in Leicester to be the audience at the end of the week.
Bamboozle Masterclass took place in January with 6 attendees.
LEPAC training. As part of our strategic development as an organisation our trustees released reserves in 2022-23 in order for us to train the four artists - who work regularly with us to become leaders in our training and education programmes. Training was completed in 2023-24 and all are now delivering regularly for the company.
Culture Change Projects:
Lakeside project completed in the summer term 2024. Over the project we worked with 12 students, trained 9 members of staff, delivered a Christmas sharing week, with over 180 students, staff, and parents in attendance. The long-term primary Autism Spectrum project started in January with 2 groups. The headteacher of the school also regularly attends our charity fundraising gala and attended the Masterclass in January. A Summer residency has been commissioned for July 2024.
Imperial Avenue long project started this year. This is a new audience for Bamboozle working for the firs time in Designated Special Provision, a mainstream school that has one class dedicated to SEN. In Leicester City the DSPs are for children on the Autism Spectrum. The first round of sessions started in September and continued until January involving 10 students and 4 members of staff. The project was halted in January as the lead teacher was not open to new ways of working. It was useful learning for us as it highlights the dichotomy between providing tailored and appropriate educational experiences for children with special needs whilst also trying to fit them into a mainstream setting. It will certainly help in designing future programmes if we were to take on another similar project.
Sutherland House pilot - we complete a training day of 20 their staff in September with October sessions delivering to 15 students
Funding
Lottery:
Arts Council England project grant - After an optimistic start getting through the expression of interest stage of an application to ACE to tour an existing show [Storm] to local DSPs [designated special provision] in Leicester/shire, we failed to secure the grant at the next stage, although rated strong and exceptional but failed as the partnership funding from schools was seen as not enough. Feedback from ACE is to resubmit if we can get more money from schools .
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Bamboozle Theatre Company Limited (Registered number: 07193792)
Report of the Trustees for the Year Ended 31 March 2024
OBJECTIVES AND ACTIVITIES
National Lottery Reaching Communities Fund - we submitted a request to cover the increase in cost of living -. Approx. 30k for Years 2 -5 total . The request was approved in March 2024.
Individual Giving/Philanthropy:
Gala - 23 September 2023 our Annual Fundraising Gala attracted support 191 people purchasing tickets, raffle tickets and auctio n prizes, as well as attracting potential new donors to see our work and its impact.
Taylor Hobbs - We received a one-off donation from local building firm, which was raised through their payroll giving scheme.
Torr Waterfield Accountants - confirmed that this year Bamboozle will be their Charity of the Year - they will be doing a programme of fundraising events for us during 2024.
Trust & Foundations:
Iron Mongers charity. Our application to them to support families to attend Timber Festival and support some additional outdoor sessions was successful.
Staffing
Family Development Worker this 3 day a week role supported by the National Lottery Reaching Communities fund was recruited for and the successful candidate joined the team July 2023. After completing a successful probation period the postholder then left Bamboozle in February 2024. On the grounds of ill health. The post was restr uctured with a recruitment process ending in May 2024.
Education Project Manager . After a successful recruitment process the postholder began in November 2023. The role is part-t ime, 2 days per week and supports the Education and Training programmes.
Associate Director Education and Training. Our Head of Education was promoted to the Senior Leadership Team and made Associate Directo r Education and Training.
Executive Director . At the end of September, the postholder left the role to take up a more creative role at the Belgrade Theatre, Coventry. We recruited an interim Executive Director with a specific, time limited brief. The contract was x 2 days per week October - March.
Development Manager. In the absence of a permanent Executive Director and to cover some of the Fundraising, Development and relationship with funders (inc ACE) responsibility the existing Development Manager was increase d from 2 days to 3 days.
General Manager. The postholder left Bamboozle in November. The duties of the GM were covered on an interim basis by our Company Coordinator, with Bookkeeping and financial management moving permanently to our current Bookkeeper. The job description for the new GM - (now being called Operations Manager) was advertised December 2023 - January 2024. Shortlisting and Interviews were completed mid-February and a new Operations Manager was in place by Mid-March 2023.
Volunteers
The trustees recognise and appreciate the value of in-kind support offered by volunteers in respect of the administration of the charity and in the delivery of our charitable activities.
FINANCIAL REVIEW
Financial position
The total income for the year was £547,690 (2023: £716,634) which, after deducting expenditure of £676,679 (2023: £595,761) resulted in net expenditure/income of £128,989 (2023: £120,873).
At 31 March 2024 the charity had total reserves of £609,911 (2023: £738,900). £375,552 (2023: £448,310) of this is held in restricted funds.
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Bamboozle Theatre Company Limited (Registered number: 07193792)
Report of the Trustees for the Year Ended 31 March 2024
FINANCIAL REVIEW
Reserves policy
To protect the organisation against uncertainty, our Board Of Trustees approved a level of reserves that will cover all of our operational costs for 6 months as well as the cost of delivering on pre-planned activities and allow us a cushion to find a new funding model should untoward circumstances occur.
After deducting the value of fixed assets of £12,947, the level of unrestricted funds as at 31 March 2024 was £221,412 which exceeds the level in the reserves policy. The trustees will be reviewing upcoming performance costs and their delivery to bring the reserves into line with the policy.
FUTURE PLANS Future Plans
New Home
As part of our ongoing need to find a new accessible home for our work in Leicester we were art of an application to the ACE fund for Capital Development [CDF] for between £2 and £5 million. We made a proposal to Leicester City Council to make Belgrave House our home with considerable alterations. The application was unsuccessful at the Expression of Interest stage.
We are continuing talks with LCC and local partners to secure a space and funding to enable us to move.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing documents, the Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Trustees
The trustees include representatives from our key beneficiary groups alongside business and community representation.
Collectively the trustees cover a broad skill set and knowledge base. When recruiting new members, the gaps in this skill set are identified and candidates nominated who can bring the requisite skills. In the first instance personal invitations are made to potential trustees; where this is unsuccessful the opportunity is openly advertised.
Candidates are asked to observe a Board meeting, and to make a short presentation of their interest in becoming a trustee. The existing trustees will then then take a vote to confirm or reject the candidate.
The induction process for new trustees consists primarily of a meeting with the Artistic Executive. Training for all trustees takes place at Development Days. More specific training needs are addressed through an allocation of time at Board meetings, by participating in Bamboozle's own training courses or through external courses when necessary.
An indemnity insurance policy is maintained by the charity for the benefit of all trustees acting in that capacity.
Organisational structure
The Board of Trustees meet quarterly with the Artistic Executive where the operations of the Charity are reviewed and appropriate actions are agreed.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07193792 (England and Wales)
Registered Charity number
1136157
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Bamboozle Theatre Company Limited (Registered number: 07193792)
Report of the Trustees for the Year Ended 31 March 2024
Registered office Unit 10 St Marys Works 115 Burnmoor Street Leicester Leicestershire LE2 7JL
Trustees
James Hartshorne (Chair of Trustees) Corallie Murray Trusha Lakhani Dorothy Day Sandra Pollock James Harris Corinne Galloway Chris White Iona Mayo
Patron Bella Ramsey
Artistic Executive Christopher Davies
Independent Examiner
Tommie Simpson torr waterfield Park House 37 Clarence Street Leicester Leicestershire LE1 3RW
Bankers
Barclays Bank plc Leicester Town Hall Square Branch 1-3 Haymarket Towers Humberstone Gate Leicester LE1 1WA
==> picture [484 x 47] intentionally omitted <==
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 12 December 2024 and signed on its behalf by:
James Hartshorne - Trustee
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Independent Examiner's Report to the Trustees of Bamboozle Theatre Company Limited
Independent examiner's report to the trustees of Bamboozle Theatre Company Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of the Institute of Chartered Accountants in England and Wales (ICAEW) which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting 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 considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Tommie Simpson The Institute of Chartered Accountants in England and Wales
torr waterfield Park House 37 Clarence Street Leicester Leicestershire LE1 3RW
12 December 2024
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Bamboozle Theatre Company Limited
Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2024
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 353,928 Charitable activities 5 Education and Learning 55,172 Families and Community 4,475 Theatre and Touring Shows 74,662 Other trading activities 3 26,922 Investment income 4 20,656 Total 535,815 EXPENDITURE ON Raising funds 6 17,352 Charitable activities 7 Education and Learning 141,426 Families and Community 116,680 Theatre and Touring Shows 316,588 Total 592,046 NET INCOME/(EXPENDITURE) (56,231) RECONCILIATION OF FUNDS Total funds brought forward 290,590 TOTAL FUNDS CARRIED FORWARD 234,359 |
Restricted funds £ 11,875 - - - - - 11,875 - - 84,633 - 84,633 (72,758) 448,310 375,552 |
31.3.24 Total funds £ 365,803 55,172 4,475 74,662 26,922 20,656 547,690 17,352 141,426 201,313 316,588 676,679 (128,989) 738,900 609,911 |
31.3.23 Total funds £ 497,657 77,082 3,792 91,823 25,467 20,813 |
|---|---|---|---|
| 716,634 | |||
| 9,609 103,750 154,951 327,451 |
|||
| 595,761 | |||
| 120,873 618,027 |
|||
| 738,900 |
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
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Bamboozle Theatre Company Limited (Registered number: 07193792)
Statement of Financial Position
31 March 2024
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 14 12,947 CURRENT ASSETS Debtors 15 18,324 Cash at bank and in hand 261,536 279,860 CREDITORS Amounts falling due within one year 16 (58,448) NET CURRENT ASSETS 221,412 TOTAL ASSETS LESS CURRENT LIABILITIES 234,359 NET ASSETS 234,359 FUNDS 17 Unrestricted funds: General fund Restricted funds: The National Forest The National Lottery Community Fund Ironmongers TOTAL FUNDS |
Restricted funds £ - 363,677 11,875 375,552 - 375,552 375,552 375,552 |
31.3.24 Total funds £ 12,947 382,001 273,411 655,412 (58,448) 596,964 609,911 609,911 234,359 4,000 363,677 7,875 375,552 609,911 |
31.3.23 Total funds £ 9,620 487,239 293,739 780,978 (51,698) 729,280 738,900 738,900 290,590 - 448,310 - 448,310 738,900 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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Bamboozle Theatre Company Limited (Registered number: 07193792)
Statement of Financial Position - continued 31 March 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 12 December 2024 and were signed on its behalf by:
James Hartshorne - Trustee
The notes form part of these financial statements
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Bamboozle Theatre Company Limited
| Statement of Cash Flows for the Year Ended 31 March 2024 31.3.24 Notes £ Cash flows from operating activities Cash generated from operations 19 (13,519) Net cash used in operating activities (13,519) Cash flows from investing activities Purchase of tangible fixed assets (8,469) Interest received 1,660 Net cash used in investing activities (6,809) Change in cash and cash equivalents in the reporting period (20,328) Cash and cash equivalents at the beginning of the reporting period 293,739 Cash and cash equivalents at the end of the reporting period 273,411 |
31.3.23 £ (103,254) (103,254) (5,887) 605 (5,282) (108,536) 402,275 293,739 |
|---|---|
The notes form part of these financial statements
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Bamboozle Theatre Company Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Company status
The charity is a private company, limited by guarantee, registered in England and Wales. The members of the company are the trustees named in the Report of the Trustees. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member. This potential liability is not extinguished until 12 months have elapsed from membership ceasing.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Where practical, donated goods and services are valued and included in income, with the equivalent amount included in expenditure in accordance with the policy below.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Allocation and apportionment of costs
Costs are apportioned between activities based on an estimate of management time spent.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Theatre equipment - 20% on reducing balance Fixtures and fittings - 20% on reducing balance Computer equipment - 33% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
1. ACCOUNTING POLICIES - continued
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective rate of interest method, less any impairment.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Going concern
After reviewing the charity's forecasts and projections, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing the financial statements.
Government grants
Government grants receivable are recognised in accordance with the performance model.
2. DONATIONS AND LEGACIES
| Donations Grants Grants received, included in the above, are as follows: Arts Council England The National Forest The Mighty Creatives RC Midlands Region Ironmongers |
31.3.24 £ 50,253 315,550 365,803 31.3.24 £ 303,675 4,000 - - 7,875 315,550 |
31.3.23 £ 37,174 460,483 |
|---|---|---|
| 497,657 | ||
| 31.3.23 £ - 5,673 6,500 448,310 - |
||
| 460,483 |
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Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
| 3. OTHER TRADING ACTIVITIES Fundraising events Sale of merchandise 4. INVESTMENT INCOME Studio rents Deposit account interest 5. INCOME FROM CHARITABLE ACTIVITIES Activity Service user contributions Education and Learning Service user contributions Families and Community Service user contributions Theatre and Touring Shows 6. RAISING FUNDS Other trading activities Fundraising events Project management 7. CHARITABLE ACTIVITIES COSTS Education and Learning Families and Community Theatre and Touring Shows |
Direct Costs £ 71,839 49,909 95,869 217,617 |
|
|---|---|---|
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Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
8. GRANTS PAYABLE
| GRANTS PAYABLE | ||
|---|---|---|
| Theatre and Touring Shows The total grants paid to institutions during the year was as follows: AFCA Arts Centre |
31.3.24 £ - 31.3.24 £ - |
31.3.23 £ 25,609 |
| 31.3.23 £ 25,609 |
9. SUPPORT COSTS
| Education and Learning Families and Community Theatre and Touring Shows |
Office £ 63,090 136,242 199,103 398,435 |
Finance Management Governance £ £ £ 47 3,423 3,027 108 7,986 7,068 155 11,365 10,096 310 22,774 20,191 |
Totals £ 69,587 151,404 220,719 |
|---|---|---|---|
| 441,710 |
Activity Basis of allocation Office Non-directly attributable costs - split on the basis of management time spent Finance Non-directly attributable costs - split on the basis of management time spent Information technology Non-directly attributable costs - split on the basis of management time spent Management Non-directly attributable costs - split on the basis of management time spent Governance Non-directly attributable costs - split on the basis of management time spent
The proportion of management time allocated to each charitable activity has been estimated as:
| 31.3.24 | 31.3.23 | |
|---|---|---|
| Education and Learning | 15% | 15% |
| Families and Community | 35% | 35% |
| Theatre and Touring Shows | 50% | 50% |
10. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31.3.24 | 31.3.23 | |
|---|---|---|
| £ | £ | |
| Independent Examiner's Fees - External scrutiny | 1,430 | 1,350 |
| Independent Examiner's Fees - Other services | 1,793 | 2,050 |
| Depreciation - owned assets | 5,142 | 4,592 |
| Property rent | 23,793 | 19,708 |
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Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
11. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
12. STAFF COSTS
| Wages and salaries Social security costs Other pension costs |
31.3.24 £ 296,352 22,098 5,608 324,058 |
31.3.23 £ 229,008 16,739 5,192 |
|---|---|---|
| 250,939 |
Remuneration of key management personnel
Key management personnel are deemed to be those having authority and responsibility, delegated to them by the trustees for planning, directly and controlling the activities of the charity. The key management personnel of the charity comprise the executives and senior employees. The total benefits paid to key management personnel of the charity amounted to £95,641 (2023 - £105,176).
The average monthly number of employees during the year was as follows:
| Administration Project delivery |
31.3.24 3 7 10 |
31.3.23 3 6 9 |
|---|---|---|
No employees received emoluments in excess of £60,000.
13.
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 37,173 Charitable activities Education and Learning 77,082 Families and Community 3,792 Theatre and Touring Shows 91,823 Other trading activities 25,467 Investment income 20,813 Total 256,150 EXPENDITURE ON Raising funds 9,609 Charitable activities Education and Learning 99,569 |
Restricted funds £ 460,484 - - - - - 460,484 - 4,181 |
Total funds £ 497,657 77,082 3,792 91,823 25,467 20,813 |
|---|---|---|
| 716,634 | ||
| 9,609 103,750 |
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Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
| 13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fund funds £ £ Families and Community 134,455 20,496 Theatre and Touring Shows 313,517 13,934 Total 557,150 38,611 NET INCOME/(EXPENDITURE) (301,000) 421,873 RECONCILIATION OF FUNDS Total funds brought forward 591,590 26,437 TOTAL FUNDS CARRIED FORWARD 290,590 448,310 14. TANGIBLE FIXED ASSETS Fixtures Theatre and Computer equipment fittings equipment £ £ £ COST At 1 April 2023 9,029 1,313 13,166 Additions 3,658 2,855 1,956 At 31 March 2024 12,687 4,168 15,122 DEPRECIATION At 1 April 2023 4,300 935 8,653 Charge for year 1,220 313 3,609 At 31 March 2024 5,520 1,248 12,262 NET BOOK VALUE At 31 March 2024 7,167 2,920 2,860 At 31 March 2023 4,729 378 4,513 15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 £ Debtors 32,308 Other debtors 1,960 Prepayments and accrued income 347,733 382,001 |
Total funds £ 154,951 327,451 595,761 120,873 618,027 738,900 Totals £ 23,508 8,469 31,977 13,888 5,142 19,030 12,947 9,620 31.3.23 £ 28,338 1,011 457,890 487,239 |
Total funds £ 154,951 327,451 |
|---|---|---|
| 595,761 | ||
| 120,873 618,027 |
||
| 738,900 |
Page 17
continued...
Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Creditors Social security and other taxes VAT Other creditors Accruals and deferred income Rental deposits held |
31.3.24 £ 5,248 12,481 7,706 9,773 19,735 3,505 58,448 |
31.3.23 £ 7,061 5,233 1,263 10,848 23,788 3,505 |
|---|---|---|
| 51,698 |
Included in accruals and deferred income is deferred income of £24,474 (2023 - £20,665) which consists of amounts invoiced in advance for events and services taking place after the year. The £20,665 as at 31 March 2023, has been released and recognised as income during the year to reflect that these services have now been provided. An additional £24,474 of invoices were raised which required deferment as at 31 March 2024.
17. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds The National Forest The National Lottery Community Fund Ironmongers TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds The National Forest The National Lottery Community Fund Ironmongers TOTAL FUNDS |
At 1.4.23 £ 290,590 - 448,310 - 448,310 738,900 Incoming resources £ 535,815 4,000 - 7,875 11,875 547,690 |
Net movement At in funds 31.3.24 £ £ (56,231) 234,359 4,000 4,000 (84,633) 363,677 7,875 7,875 (72,758) 375,552 (128,989) 609,911 Resources Movement expended in funds £ £ (592,046) (56,231) - 4,000 (84,633) (84,633) - 7,875 (84,633) (72,758) (676,679) (128,989) |
|---|---|---|
Page 18
continued...
Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
17. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.4.22 £ Unrestricted funds General fund 591,590 Restricted funds Family Focus fund 9,070 ACE Bamboozle Outdoor Project 8,425 Family Fund - Autism Spectrum Disorder 1,692 Family Focus - Nottingham 3,750 Backyard Project 3,500 The National Lottery Community Fund - 26,437 TOTAL FUNDS 618,027 Comparative net movement in funds, included in the above are as follows: |
Net movement in funds £ (301,000) (9,070) (8,425) (1,692) (3,750) (3,500) 448,310 421,873 120,873 |
At 31.3.23 £ 290,590 - - - - - 448,310 |
|---|---|---|
| 448,310 | ||
| 738,900 | ||
| Unrestricted funds General fund Restricted funds Family Focus fund ACE Bamboozle Outdoor Project Family Fund - Autism Spectrum Disorder Family Focus - Nottingham Backyard Project The National Forest The Mighty Creative The National Lottery Community Fund TOTAL FUNDS |
Incoming resources £ 256,150 - - - - - 5,673 6,501 448,310 460,484 716,634 |
Resources Movement expended in funds £ £ (557,150) (301,000) (9,070) (9,070) (8,425) (8,425) (1,692) (1,692) (3,750) (3,750) (3,500) (3,500) (5,673) - (6,501) - - 448,310 (38,611) 421,873 (595,761) 120,873 |
|---|---|---|
Ironmonger's grant of £7,875 received on 28 March 2024 has been carried forward to support the 2024-2025 Family & communities programme including: Supporting disabled young people and their families to attend the 2024 Timber Festival and help meet the demand for our oversubscribed Backyard sessions not covered by the NLRCF grant. Specifically, £6,300 for Backyard Leicester and £1,575 towards sup ported Timber 24 tickets and access costs.
Due to the time needed to develop and set up the National Lottery Reaching Communities programme, there was an underspend on the programme delivery of £21,342 which was moved to the 24/25 programme.
Family Focus fund
Page 19
continued...
Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
17. MOVEMENT IN FUNDS - continued
The Family Focus fund was set up to raise money towards the ongoing work of providing creative activities to children with Profound and Multiple Learning Disabilities (PMLD).
The brought forward balance of the fund as at 1 April 2022 of £9,070 was fully expended during the prior year.
Ace Bamboozle Outdoor Project
This fund was set up to help towards costs of re-making the outdoor projects, Down to Earth and Bamboozle Back Yard.
The brought forward balance of the fund as at 1 April 2022 of £8,425 was fully expended during the prior year.
Family Focus Autism Spectrum Disorder
This fund is an extension to the 'Family Focus Fund' above where grant funding has been received towards developing creative activities for children with Autism Spectrum Disorders.
The brought forward balance of the fund as at 1 April 2022 of £1,692 was fully expended during the prior year.
Family Focus Nottingham Fund
This fund is an extension to the 'Family Focus Fund' above where income is further restricted to children with severe disabilities and who have a Nottingham postcode.
The brought forward balance of the fund as at 1 April 2022 of £3,750 was fully expended during the prior year.
The National Forest
This fund is to allow delivery of an outdoor outreach project at a local school and allow delivery of our Wildings project at Timber Festival.
A grant of £5,673 was awarded during the year ended 31 March 2023 and was fully expended during the prior year.
The Mighty Creatives
This fund is to enable "keeping in touch" time with families of learning disabled young people over the 2022/23 winter holidays, when outdoor activities ceased. The activities took the form of a winter "hygge" with music and performance, a Christmas concert via video and a series of interactive postcards.
A grant of £6,501 was awarded during the year ended 31 March 2023 and was fully expended during the prior year.
The National Lottery Community Fund - RC Midlands Region
The aim of this fund is to provide a programme for families with children and young people on the autism spectrum and those experiencing profound and multiple learning difficulties that delivers a safe positive experience and supports a lasting improvement in the quality of life for the families.
A grant of £448,310 was awarded during the year ended 31 March 2023 and remains unspent at the prior year end.
Page 20
continued...
Bamboozle Theatre Company Limited
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
18. RELATED PARTY DISCLOSURES
During the year ended 31 March 2024, unconditional donations were received from trustees or other related parties totalling £620 (2023 - £Nil).
19. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| ACTIVITIES | ||
|---|---|---|
| Net (expenditure)/income for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Interest received Decrease/(increase) in debtors Increase in creditors Net cash used in operations |
31.3.24 £ (128,989) 5,143 (1,660) 105,237 6,750 (13,519) |
31.3.23 £ 120,873 4,592 (605) (232,535) 4,421 |
| (103,254) |
20. ANALYSIS OF CHANGES IN NET FUNDS
| At 1.4.23 | Cash flow | At 31.3.24 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank and in hand | 293,739 | (20,328) | 273,411 |
| 293,739 | (20,328) | 273,411 | |
| Total | 293,739 | (20,328) | 273,411 |
Page 21
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