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← 20 Stories High

2024-03-31-accounts

Registered number: 05841963 Charity number: 1137255

20 Stories High

INDEPENDENTLY EXAMINED ACCOUNTS FOR THE YEAR ENDED 31/03/2024

Prepared By:

Harvey Guinan LLP Chartered Certified Accountants Unit 17 Mersey House Matchworks Estate, 140 Speke Road Liverpool Merseyside L19 2PH

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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/03/2024

TRUSTEES

Lisa Mary Allen Manoka Mbolokele Robena Sarah Harrison (resigned 17 May 2023) Catrina Hewitson Jennifer John Kieron Gregory Collins Lateefah Clare Wainwright (resigned 28 November 2023) Tia Hume-Jennings Leon Varns (resigned 26 April 2024) Charlotte Grace Taylor (resigned 23 March 2024) Zoe Megins-Davis Dr. Priyanka Pradhan Peter Thomas Greggs Bettina Jane Taylor (apponted 18 September 2024)

SECRETARY

Leanne Jones

REGISTERED OFFICE

37-45 Windsor Street Liverpool Merseyside L8 1XE

COMPANY NUMBER

05841963

CHARITY NUMBER

1137255

BANKERS

The Cooperative Bank plc, Santander plc, Charity Bank

INDEPENDENT EXAMINER - Julie Guinan FCCA

Harvey Guinan LLP

page 1

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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/03/2024

Chartered Certified Accountants Unit 17 Mersey House Matchworks Estate, 140 Speke Road Liverpool Merseyside L19 2PH

page 2

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ACCOUNTS FOR THE YEAR ENDED 31/03/2024

CONTENTS

Page
Report of the Trustees 4
Independent Examiner's Statement 12
Statement of Financial Activities 14
Balance Sheet 15
Cash Flow Statement 16
Notes to the Accounts 17 to 27
Detailed Statement of Financial Activities 28

page 3

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FOR THE YEAR ENDED 31/03/2024

TRUSTEES' REPORT

The trustees present their report and accounts for the year ended 31/03/2024

The financial statements have been prepared in accordance with the charity's trust deed, the Charities Act 2011, the Companies Act 2006 and 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).

The Trustees intend that this report also serves as the Statutory Directors' Report

STRUCTURE GOVERNANCE AND MANAGEMENT

The charity is limited by guarantee, incorporated 9 June 2006 and registered as a Charity 4 August 2010. The company was established under a Memorandum of Association which established objects and powers of the charity and it is governed under its Articles of Association.

COMPANY INFORMATION

Reference and administrative details are set out on page 1 and form part of this report.

PRINCIPAL ACTIVITIES

The principal activity of the charity in the year under review was to create bold, contemporary and imaginative theatre with and for young people, particularly those from diverse and socially excluded communities .

This is achieved through:

a Providing a fully inclusive and accessible participation programme which aims to develop skills, give young people a voice, raise aspirations and combat isolation.

b Creating and touring high-quality and relevant productions to schools, youth clubs and small-scale theatre venues locally and nationally to reach, support and develop young audiences

c Piloting a Professional Development Programme for emerging theatre-makers from Merseyside

The Charity's objects are to advance the education of the general public in particular but not exclusively young people, the performing arts and to provide or facilitate or assist in the provision of activities in the interests of social welfare for the public and in particular, but not exclusively, young people.

POLICY FOR OBJECTS

The Trustees define the policies and oversee their implementation by management to enable the Charity to fulfill its aims and objectives.

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FOR THE YEAR ENDED 31/03/2024

TRUSTEES' REPORT

The Trustees pay due regard to guidance issued by the Charity Commission on public benefit in deciding which activities the Charity should undertake. The policies are detailed in the Charity's business plan which documents the strategy for action.

The Board policy is implemented by the Artistic Director, the Executive Director and their team.

ORGANISATION

The Board set and approve the policy for the charity which is then implemented by the Artistic Director and Executive Director. The Board meet regularly throughout the year and in between scheduled meetings as required.

The Artistic Director and Executive Director are responsible for the delivery of the charity's objectives and the day to day operations management of the Charity.

No remuneration is paid to any trustee for their services as a trustee.

TRUSTEES

The trustees serving during the year and since the year end were as follows: Kieron Collins, Charlotte Taylor (resigned 23 March 2024), Manoka Mbolokele, Dr Priyanka Pradhan, Catrina Hewitson, Lateefah Wainwright (resigned 28 November 2023), Sarah Harrison (resigned 17 May 2023), Jennifer John, Lisa Allen, Zoe Megins-Davis, Tia Hume-Jennings, Leon Varns (resigned 26 April 2024), Peter Greggs, and Bettina Jane Taylor (appointed 18 September 2024).

In accordance with the change to the constitution approved by the Charities Commission in 2017, a Trustee's term of office will be from the date of first being elected or from the AGM (whichever is appropriate). A Trustee's term of office will be for 3 years, after which the Trustee may step down or be re-elected for a further 3 years, after which they must retire from the board. During each 3-year term of office, Trustees are not required to re-elect annually.

KEY MANAGEMENT PERSONNEL

Co-CEO Artistic Director - Keith Saha Co-CEO Executive Director - Leanne Jones Executive Producer - Lucy Graham

TRUSTEES APPOINTMENT

20 Stories High seeks to have a wide range of skills and experience on its board, contained within a small number of individuals. Applications from potential board members from backgrounds typically under-represented on Boards are particularly welcomed; Global majority, deaf, disabled and neurodivergent and young Board members. Trustees are recruited by a referral by existing members, by direct approaches from individuals or by open recruitment processes.

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FOR THE YEAR ENDED 31/03/2024

TRUSTEES' REPORT

Skills audits of board members are conducted, and any identified training needs provided.

TRUSTEES RESPONSIBILITIES

The Trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company Law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and Applicable Law).

Under Company Law the trustees must not approve the financial statements until they are satisfied that they give a true and fair view of the situation of the charity and of the net incoming or outgoing resources of the charity for that period.

In preparing the financial statements, the trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

RELATED PARTIES

Details of transactions with Trustees are given in the notes to these accounts.

ACHIEVEMENTS AND PERFORMANCE

We continued to deliver an innovative and exciting artistic programme of work that presents the authentic voices of culturally diverse and working class young people and communities.

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FOR THE YEAR ENDED 31/03/2024

TRUSTEES' REPORT

The Key themes of our business plan for 23/24 were:

Highlights of our 2023/24 programme of work included:

2023/2024 was an incredibly successful and equally stretching year of new shows and projects, the most ambitious tour to date, and the further embedding of state of mind and equity, diversity, inclusion and activism. As a small team, supported by an incredible Board and community of freelancers, we continue to learn so much about our practice and sustainability.

Local programme:

page 7

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FOR THE YEAR ENDED 31/03/2024

TRUSTEES' REPORT

National programme:

Key learnings and feedback

page 8

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FOR THE YEAR ENDED 31/03/2024

TRUSTEES' REPORT

Through this work, we have reached:

THANKS

We would like to thank all our participants, audiences, artists, staff and funders for all that they have contributed to 20 Stories High and our ongoing development.

FUTURE PLANS

We excitedly move into 2024-2025, with an unmovable commitment to creating excellent, accessible and relevant art and inclusive participatory opportunities for culturally diverse, working class young people and communities.

We will do this through the 5 core areas of activity: Creative Programme, EDIA (Equity, Diversity, Inclusion and Activism), State of Mind (wellbeing), Board and team development and New Chapter (new work and experimentation). We will remain ambitious and determined to make a positive change in the world through making radical and bold theatre with young people and communities locally, regionally, nationally and internationally.

Our 2024-2025 Programme includes:

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FOR THE YEAR ENDED 31/03/2024

TRUSTEES' REPORT

RISK MANAGEMENT

For each project we produce a detailed risk assessment. In addition, we maintain an organisational risk register, a requirement of the Charities SORP, which shows impact and likelihood scores for identified risks. It details control procedures and produces a net risk score for each item. Monitoring of the identified risks is in place and the regularity of review for each is established.

VOLUNTEERS

Volunteers are a valuable resource for the charity. This includes the Trustees, specific project volunteers and young people undertaking work placement opportunities.

FINANCIAL REVIEW

The results for the year and the charity's position at 31 March 2024 are shown in the attached financial statements. Total incoming resources were £727,596 (2023 £480,614) and total resources expended were £701,869 (2023 £495,811) resulting in net incoming resources for the year of £25,727 (2023 net outgoing resources £15,197). Net movements on funds were on the unrestricted funds in both years as restricted funds were fully spent in each year. Designated funds at 31 March 2024 are £40,227 (2023 £14,500) as detailed at note 8. At 31 March 2024 total unrestricted funds on the Balance Sheet were £127,399 (2023 £101,672) and restricted funds were £nil (2023 £nil).

RESERVES POLICY

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FOR THE YEAR ENDED 31/03/2024

TRUSTEES' REPORT

Though the charity operates on a not for profit basis the charity will endeavour to provide for financial stability and sustainability by maintaining a free reserve. Based upon 3 months' running costs the trustees estimate that the charity will require an ideal free reserve of £87,000 to sustain its operations at the current level over a period when one major funding stream ends and a new one commences. Actual free reserves at 31 March 2024 were £87,054 (2023 £87,005).

INDEPENDENT EXAMINER

The independent examiner Julie Guinan on behalf of Harvey Guinan has indicated her willingness to remain in office and a resolution will be proposed for re-appointment at the forthcoming annual general meeting.

APPROVAL

The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.

This report was approved by the Board of Trustees on 25/09/2024 L yl ») Catrina Hewitson Trustee

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INDEPENDENT EXAMINER'S STATEMENT

FOR THE YEAR ENDED 31/03/2024

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF 20 STORIES HIGH

I report to the Charity's Trustees on the accounts of the company for the year ended 31/03/2024 .

RESPONSIBILITIES AND BASIS OF REPORT

As the Charity's Trustees of the company (who are also the directors of the company 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 for this year 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 EXAMINERS STATEMENT

The company's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of ACCA.

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:accounting records were not kept in accordance with section 386 of the Companies Act 2006; or the accounts do not accord with such records; or the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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 the accounts have not been prepared in accordance with the Charities SORP (FRS102).

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.

............................................. Julie Guinan FCCA Independent Examiner Date: 25/09/2024 fobs fran

Harvey Guinan LLP Chartered Certified Accountants Unit 17 Mersey House Matchworks Estate, 140 Speke Road Liverpool

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INDEPENDENT EXAMINER'S STATEMENT FOR THE YEAR ENDED 31/03/2024

Merseyside L19 2PH 0151 709 7797

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Statement of Financial Activities for the year ended 31/03/2024

Income
Income from generated funds
Donations and legacies
Income from Investments
Income from charitable activities
Total Income
Expenses
Costs of generating funds
Expenditure on Charitable activities
Total Expenses
Net Income
Net movement in funds:
Net income for the year
Total funds brought forward
Net funds carried forward		 Unrestricted
funds
£
-
-
458,497
458,497
432,770
432,770
25,727
25,727
101,672
127,399		 Restricted
funds
£
-
-
269,099
269,099
269,099
269,099
-
-
-
-		 2024
Total
£
-
-
727,596
727,596
701,869
701,869
25,727
25,727
101,672
127,399		 2023
Total
£
2,084
1,078
477,452
480,614
495,811
495,811
(15,197)
(15,197)
116,869
101,672

This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

page 14

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BALANCE SHEET AT 31/03/2024 BALANCE SHEET AT 31/03/2024
2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 118 167
CURRENT ASSETS
Debtors (amounts falling due within one year) 5 97,388 47,920
Cash at bank and in hand 106,368 202,610
203,756 250,530
CREDITORS: Amounts falling due within one year 6 76,475 149,025
NET CURRENT ASSETS 127,281 101,505
TOTAL ASSETS LESS CURRENT LIABILITIES 127,399 101,672
RESERVES
Unrestricted funds 8
General fund 87,172 87,172
Designated funds 40,227 14,500
127,399 101,672

For the year ending 31/03/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board of trustees on 25/09/2024 and signed on their behalf by

.............................

Catrina Hewitson Trustee

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CASH FLOW FOR THE YEAR ENDED 31/03/2024

Notes
NET CASH OUTFLOW FROM OPERATING ACTIVITIES
16a
CAPITAL EXPENDITURE AND FINANCIAL INVESTMENT
NET CASH OUTFLOW BEFORE FINANCING
FINANCING
DECREASE IN CASH		 2024
£
(96,242)
(96,242)
(96,242)

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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31/03/2024

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

1b. Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

1c. Resources Expended

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.

1d. Allocation And Apportionment Of Costs

All costs relate to the single activity of the charitable company and are recognised accordingly.

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1e. 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.

Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.

1f. Depreciation

Fixed assets are shown at historical cost. Items costing less than £500 are not capitalised but written off to the income and expenditure account in the year of acquisition.

Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ).

Plant And Machinery

straight line 25 %

1g. Pension Costs

The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

1h. Turnover

Turnover represents all incoming resources and comprises revenue project grants, donations, bank interest and earned income from performances and workshops. The Charity is not registered for value added tax.

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1i. Debtors Policy

Trade and other debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid after taking account of any discount due.

1j. Policy For Income Recognition

Items of income are recognised and included in the accounts when all of the following are met:

(1) The charity has entitlement to the funds; (2) Any performance conditions attached to the income have been met or are fully within the control of the charity; (3) There is sufficient certainty that receipt of the income is considered probable and (4) The amount can be measured reliably.

1k. Cash At Bank And In Hand Policy

Cash at bank and in hand includes cash and short term liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1l. Creditors And Provisions Policy

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in a transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement value amount after allowing for any discount due.

1m. Financial Instruments Policy

The charity has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

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1n. Policy For Preparing The Accounts

The directors believe that the company is experiencing good levels of income growth and that it is well placed to manage its business risks successfully. Accordingly they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

2. DIRECTORS AND EMPLOYEES

Particulars of employees (including directors) are shown below:

Employee costs during the year amounted to:
Wages and salaries
Social security costs
Pension costs		 2024
£
238,133
10,362
4,906
253,401		 2023
£
224,116
15,905
4,951
244,972

No Trustee received remuneration for their services as a Trustee.

Breakdown of employees is as follows: Co-Artistic Directors: 1 x FT (2023 1 x FT); Executive Director: 1 x FT (2023 1 x FT); Finance Management: 1 x 0.2 FTE (2023 1 x 0.6FTE); Project Administration: 1 x FT (2023 1 FT); Associate Director 1 x 0.8 FTE (2023 1 x 0.8FTE), Executive Producer 1 x FT (2023 1 x FT), Associate Producer 1 x FTE (2023 1 x 0.8 FTE), Youth Worker 1 x 0.8 FTE (2023 1 x 0.8 FTE), Marketing Manager 1 x 0.6 FTE (2023 1 x 0.6 FTE), Pastoral Care 0.2 FTE (2023 0.2 FTE).

3. PENSION CONTRIBUTIONS

Pension contributions 2024
£
4,906
4,906		 2023
£
4,951
4,951

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4. TANGIBLE FIXED ASSETS

Cost
At 01/04/2023
At 31/03/2024
Depreciation
At 01/04/2023
For the year
At 31/03/2024
Net Book Amounts
At 31/03/2024
At 31/03/2023
5. DEBTORS
Amounts falling due within one year:
Trade debtors
Other debtors		 Plant and
Machinery
£
12,605
12,605
12,438
49
12,487
118
167
2024
£
4,362
93,026
97,388		 Total
£
12,605
12,605
12,438
49
12,487
118
167
2023
£
43,869
4,051
47,920

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6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Taxation and social security
Other creditors		 2024
£
20,872
7,004
48,599
76,475		 2023
£
3,970
4,884
140,171
149,025

Other Creditors comprise accrued costs of £3,599 (2023 £13,131) and deferred income of £45,000 (2023 £127,040) being project income in advance of spend for future periods. The deferred income includes, Paul Hamlyn Foundation £10,000 (2022 £50,000) and Coutts Foundation £35,000 (2023 £35,000).

7. LIMITED BY GUARANTEE

The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £1, to the company should it be wound up. At 31/03/2024 there were 10 members.

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8. UNRESTRICTED FUNDS

General fund
Designated Creative Reserve Fund		 Brought
forward
£
87,172
14,500
101,672		 Incoming
resources
£
458,497
-
458,497		 Outgoing
resources
£
(432,770)
-
(432,770)		 Transfers
£
(25,727)
25,727
-		 Carried
forward
£
87,172
40,227
127,399

Designated Creative Reserve Fund

Funds for research and development for future projects and additional creative projects.

9. RESTRICTED FUNDS

Access to Work
Garrick Trust
GOGA
National Theatre
Paul Hamlyn Foundation
Backstage Trust
John Ellerman
Arts Council England		 Brought
forward
£
-
-
-
-
-
-
-
-
-		 Incoming
resources
£
37,059
2,740
5,800
13,500
95,000
20,000
40,000
55,000
269,099		 Outgoing
resources
£
(37,059)
(2,740)
(5,800)
(13,500)
(95,000)
(20,000)
(40,000)
(55,000)
(269,099)		 Transfers
£
-
-
-
-
-
-
-
-
-		 Carried
forward
£
-
-
-
-
-
-
-
-
-

Access to Work

Funds to support people into work

Garrick Trust

Funding for Actors LAB

GOGA

Funding for charity's outreach work

National Theatre

Funding for High Times and Dirty Monsters research and development

Paul Hamlyn Foundation

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Funding for New Chapter project for organisational development

Backstage Trust

Funding for High Times and Dirty Monsters research and development

John Ellerman

Funding for core costs and organisational development

Arts Council England

Project funding for High Times and Dirty Monsters

10. RELATED PARTY TRANSACTIONS

During the year the charity had no related party transactions to disclose.

11. GENERAL INFORMATION

20 Stories High (Company Number: 5841963) (Registered Charity Number 1137255 ) is a private company limited by guarantee and incorporated in England and Wales. Its registered office is 37-45 Windsor Street Liverpool L8 1XE. The accounts are stated in sterling the functional currency of the company.

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12. INCOMING RESOURCES

2024 2023
Sundry Grants and Donations 3,617 2,084
Investment Income: Bank Interest 1,734 1,078
Charitable Activities
Arts Council England NPO 215,804 215,805
Restricted Project Grants - note 9 to accounts 269,099 97,953
Theatre Relief Claim 72,265 34,123
Liverpool City Council 18,600 18,373
Partner Contributions 107,686 62,959
Earned Income - 2,406
Coutts Foundation 38,500 38,650
Other Income 291 7,183
__ __
Total Incoming Resources 727,596 480,614
__ __

13. TAX STATUS

20 Stories High is a registered charity and all the activity is in furtherance of our charitable objects therefore we claim exemption from corporation tax. The charity intends to make a claim for theatre relief accounted for on a received basis.

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14. RESOURCES EXPENDED

2024 2023
Direct Charitable Expenditure
Other Direct Project Costs 284,918 140,591
Administration 125,209 74,251
Finance Costs 91 -
Marketing 13,547 10,037
Premises Costs 20,860 21,444
Staff Costs 253,401 244,972
__ __
698,026 491,295
Governance Costs
Accountancy 2,911 2,940
Board Expenses 932 1,576
__ __
3,843 4,516
__ __
Total Resources Expended 701,869 495,811
__ __

15. NET ASSETS BY FUND

Unrestricted Restricted Total
Funds Funds Funds
Tangible Fixed Assets 118 - 118
Net Current Assets 127,281 - 127,281
__ __ __
127,399 - 127,399
__ __ __

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16. NOTES TO THE CASHFLOW STATEMENT

16a. Reconciliation of operating profit to net cash flow from operating activities

Operating profit
Depreciation of tangible assets
Increase in debtors
Decrease in creditors
Net cash outflow from operating activities
16b. Analysis of changes in cash and cash equivalents during the year
Balance at 01/04/2023
Net cash (outflow) / inflow
Balance at 31/03/2024
16c. Analysis of changes in financing year
Share
Capital
£		 2024
£
202,610
(96,242)
106,368
 £
25,727
49
(49,468)
(72,550)
(96,242)
2023
£
138,771
63,839
202,610
Loans and
finance
lease
obligations
£		 2023
£
138,771
63,839
202,610

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Incoming Resources
for the year ended 31/03/2024
Incoming resources
Incoming resources from generated funds
Grants
Sundry grants and donations
Investment income
Bank Interest
Charitable Activity
Arts Council England NPO
Liverpool City Council Core Funding
Granada Foundation - Restricted
Restricted Project Grants
John Ellerman Foundation
Partner Contributions
Access to Work
Theatre Relief Claim
Earned Income
Other Income
PH Holt Foundation - Restricted
Coutts Foundation
Charitable Activity 2
Investment Income - Bank Interest
Donations		 -
-
215,804
18,600
-
192,040
40,000
107,686
37,059
72,265
-
291
-
38,500
1,734
3,617		 2024
£
-
-
-
-
722,245
5,351
727,596
727,596		 2,084
1,078
215,805
18,373
3,000
89,713
-
62,959
-
34,123
2,406
7,183
5,240
38,650
-
-		 2023
£
2,084
2,084
1,078
1,078
477,452
-
477,452
480,614

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Expenses for the year ended 31/03/2024

2024 2023
£ £
Expenses
Costs of generating funds
Charitable Activities
Cultural Education and the Operation of a Theatre company
Performers Fees 70,026 35,874
Workshop Fees 11,166 598
Production Costs and Set Build - 1,074
Production Costs, Costumes, Props, Sound and Photos 32,248 1,578
Digital Legacy - Film & Archive - 1,827
Evaluation Costs - 7,719
DBS Costs 526 956
Outsource and Freelance Fee 70,132 49,792
Research 457 896
Storage and Space Hire 11,189 9,506
Rent and Rates 10,208 10,925
Cleaning (537) 1,013
Access 11,187 18,898
Support Staff - 3,722
Salaries 238,133 220,394
NIC employer (wages and salaries) 10,362 15,905
Pension contributions 4,906 4,951
Hospitality and Refreshments 3,101 4,576
Training 2,930 6,317
Equipment 2,214 2,667
Motor expenses - fuel and oil - 3,517
Travel and Subsistence 95,250 21,610
Freelance Support Staff 67,664 8,760
Creative and Project Team Fees 31,468 30,702
Legal costs (revenue) - 357
Insurance 1,276 1,307
Staff Recruitment 82 3,334
Postage 30 33
Stationery and office supplies 3,292 1,149
IT Running Costs 3,525 5,915
Telephone and Internet 2,560 2,331
Office maintenance - 1,051
Subscriptions and Membership Fees 1,764 2,961
Event tickets 1,540 651
Marketing and Branding 10,243 6,425
Bank charges 67 -
Sundry expenses 968 1,720
Depreciation of plant and machinery 49 284

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20 Stories High

Expenses for the year ended 31/03/2024

Governance Costs
Board Away Days, Training and Subsistence
Professional Fees		 2024
698,026
932
2,911
3,843
701,869		 2023
491,295
1,576
2,940
4,516
495,811

page 30