REGISTERED COMPANY NUhlJBER.- 07458841 IEngland and Walès) REGSTERED CHARtTY NUMBER: 1139526 ort of the Trustees and Unaudited Financial Statèments for thè Yèar Ended 31 Decomber 2023 GuildFord Shakes eare Com Limited an Trust B2nnewith 2018 Limited t/a AJ Bennewith & Co Upper Gmund Floor 18 Famham Road Guildford Surrey GU14XA
GuÈldford Shakes Ltmited eare Com an Trust Contents of the Financlal Statements for the Year Ended 31 December 2023 Page Report of thè Trustee5 Ito8 ststement of Financial A£tivities Balance Shèèt 10 to 11 Notes to the Flnancial Statements 12 tr) 16 Report ol the Indèpèndent Examiner 17
GUILDFORD SHAKESPEARE COMPANY Aslolat Pavilion. Lido Road, Guildford, GU1 1 FH T.. Q11483 301 $90 info@guildford-shgk&speare-¢ompany.co.uk W: www.guildford-shakespeare-company.co.uk Honorary Patron Brian Blessed OBE Trustees, Annual Report Year Ended DÈcÈmber 2023 Thè Trustees, who are also directors for the purposes of compar¢y law, have pleasure in presenting their report and financial statements of the charity for the yèar ended 31 December 2023. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charlty namè Guildford Shakespeare Company Trust Ltd (hereafter GSCI Charity Registration No 1139526 Registered Office Upper Ground Floor. 18 Famham Road, Guildford, Surrey, GU14XA THE TRUSTEES The trustees who served the charity durlng the pariod were as follows.. Ms Jaz Blakè Mr Peter Gordon Ms C J Mitchell Ms Jane Shepperd (vice chairl Ms Dan8-Leigh Strauss {chairl Mr Gavin Thomas Ms Karin Walker Independent Examiners Report AJ Benrbew STRUCTURE, GOVERNANCE AND MANAGEMENT GSC is govemed by its Memorandum and Artides of Association dated 2 Docember 2010. None of the Trustees receive remuneration from their work on behalf of the charity. All Trustees aré aware of their legal obligations under charity and company law. the Chartty Commission guidance on Publi¢ Benefit and have received the memoradum and Articles of Association. They have received the ¢urrenl Business Plan. Memorandum and Articles and this yearfs Addendum. They keep the financial performance of th8 charty under constarit review. The Tnjstees meet on a regular basis. During the year the day to day running and management of the company is delegated to the Joint Artistic and Executive Pmducers Sarah Gobran and Matt Pinches. The Trustees take into account the charity commission guidance on public benefit and believe the activlties of GSC are In line with that guidance. Alongside the Joint Artistic & Executive Producèrs. GSC employed on a full-time basis a Creative Lèaming Pmducer, Company Stage Manager. Education Manager, Marketing Officer, and part-time Administrator. OBJECTIVES AND ACTIVITIES To aclvance education forthe public benefrt by the promotion of the arts in particular, but not Bxclusively. the art of drama and lo foster and promote public taste in. though not exelusivety, the works of William Shakespeare through productions arid other associated events and educational and training activities. Guildford ShakèspeèB CompanyTrusl Limited Chanty Reg. No. 11395261 CotDpany Reo. No. 07458&41 Reg. OffittÈ". Uppei Giound Floor. 18 F8rnh8rn Road. Guildbrd. Surrey. GU1 4XA
GUILDFORD SHAKESPEARE COMPANY Aslolal Pavilion, Lido Road, Guildford, GU1 1 FH T.. 01483 301590 ' info@guildford-shakèspèare-company.co.uk W.. MNw.guildford-shakespeare-cornpany.co.uk Honordry Patron BrSan Blessed OBE STAGE PERFORMANCES January 2023 - December 2023 January JanuarylFebruary April April April June July Oct Oct Dec Sonnet Walks on the Queen Mary 2 for Cunard cruises Rhard 11 - Holy Trinty Church Sonnet walks in Guildford Talk Young Company's perfomiance performed in Guildford Baptist Church Henry V- Guildft)rd Cathedral. Guildford The Cantebury Tales- Stoke Park, Guildford Hedgemws Festival- West Horsley Place Macbeth & Romeo and Jullet Tour Boeing Boeing Gone- Boeing T47. Dunsfold Aerodromè This year, alongside our usual seasons and production. GSC wero commissiDned by Cunard to create Sonnet Walk especially for the Queen Mary 2. and were commissioned by the Surrey Wildlife Trust to Create an interactive 45 minute play, including Shakespoare's scenes and sonnets to raise awareness of the importance of Hedgerows. This performed at West Horsley Place. THEATRE IN EDUCATION TOURS . Janu8rylFeb Delight in Shakespeare- Macbeth tour to less advantaged Primary Schwls In Surrèy OcYNovember Secondary Schools, Tour of Macbeth and Romeo and Juliet- retuming to schools for live perfomances and workshops. This fvrther developed to tour to Reading. The Netherlands, Village Halls and the Orange Tree in Richmond. who were CD-producers. Funded by Getsff Herrington Foundation. AThRACTING AND RAINING TALENT Auditions are held for each production bLrt a number of actors. directors, designers and stage managars return to work for GSC at regular intervals. 114 employed and freelants jobs were created in 2023 employing 70 females, 44 males, continuing our mission to create equal opportunities. We are proLJd to have welcomed back some 8Ctors that have worked for us before, that are popular with our audiences, but also some fresh new talent tDO. ARTISTIC VALUES GSC is a professional site-specffic theatre company. specialising in shakpeare. Our approach places the audience right at the heart of thè action, immersing them in the wortd of the play, thereby demysttfying the legend that Shakèspeare is for an elite, educated few but rather is immediate and a¢cessible to everyone. At GSC we use diverse and unusual non-theatre venues to create dynamic and challenging productions. From casles lo lakes, churches b pubs, our approach merges thè aLtdience and acting space so that yDU're giveri a visceral. stimulating and, above all, unique theatre experience. GSC produclons are fresh, fast and modem in their interpretation of Shakespeare, but always in thè original text and never dumbed down. Making the arts, and more specffically theatre and Shakespeare, accessible to a wider community, is key to the work that we do and reaching socially isolated members of our community wth especially tailored programmes of work, drawSng on the skill base of especialty selected practitioners and experts. Creating theatre that is relevant and making productions of Shakespeare that arè rèflective of our times is a core aim, and this year's production of Richard11 did that. choosing the tale of an ineffectual, corrupt politi(31 leaderwho was morÈ interested in ego and parties gave us the opportunty to reflect on Jnodem politics. Guildford Shakespeare CompanyTnJst Limtied Ch8rty Reg. ND. 11395261 Company Reg. No. 0745W1 . OfficÈ-. Upper Grouncl Floor, 18 Fainharn Rog(J. Gu11dford. Surrey.. GUI 4XA
GUILDFORD SHAKESPEARE COMPANY Astolat Pavilion, Lido Road, GuildfDrd, GU1 1 FH T: 01483 3D1590 info@guildford-shakespeare-c()mpany.co.uk W: www.guildford-shakespeare-company.co.uk Honorary Patron Brian Blessèd OBE Our remit to perform shows in extraordinary spaces was pushed to new heights this year.. starting the year being employed lo perform on the Queen Mary 2 on a Trdnsatlantic voyage and f nished the year performing a home written murder mystery on a grounded Boeing 747. FRIENDS & PATRONS OF GSC Our Fri8nds schome has continued to be w811 supported. At the end of the year 8 new Friends had joined the 8¢heme, making a total of 45 Joint Friends and 25 Singl8. This total of 70 names in th8 scheme is a decrease of 5 on 2022. Howèver, we did incr8as8 thg membership fees from £60 to £65 IsinglÈl and £90 10 £100 Qoint) The Patrons scheme retained all three Patrons from 2022. VOLUNTEERS GSC greatly benefits from our voluntéer supporters. young and old, who help us In a variety of ways but chiefly at Front of House for our productlDns. We are incredibly grateful to them and would not be able to surinie withoLrt their help and support. ACCESSIBILITY AND PUBLIC BENEFrr GSC are dedicated to making theatre accessible and affordab18 to all. We therefore aim to keep ticket prices as low as possible and additionally offer cul price tickets for over 65's, jobseekers. sludents and families. We pmvided signfficantty reduced preview tickets for the first performance in every season. We introduced a Pay What You Can scheme for every Monday performance throughout the year to extend our offering to IhDse less able to afford our stsndard prices and to encourage new customérs. Audio Described performances were provided for Ri¢hard11, The Cantsrbury Talgs and Boaing Boeing Gone. Touch Tours were re-introduced for the first time since the pandemic. British Sign Language interpreted performances were available for Richard 11. Subtttles were also added to trailers and teasers. Despite using a system of unallocated sèating, we do offer a service to disabled audience membars including those who are hard of hearing or visually impaired, whereby they request front row or aisle seating in advance. Large print copies of the synopsis are also available from the Box Offtce on site. Relaxed Performances and Buddy Nights were inclL¢ded for all main house shows. V]sual guides for all venues were created so patrons could gèt 8n idea of what to expect before they arrFved. This Gan help to relieve anxiety and promote an inclusive atmosphere. GSC continued lo offer complimentary Irk8ts to a numbèr of local charities, as well as for NHS workers. Our school's tours in partnership with Delight and Geoff Herrington, toured to ttNenty disadvantsged schools in Surrey. providing childr8n w¢th their first experience of Shakespeare and for the majority also their first experi8nce of thgatrg. EDUCATIONAL & OUTREACH PROGRAMME Our Education and Outreach Department was run by Creative Learrhing Producer, Kerrie Driscoll, and our EdUallOn Manag8r was Rob Cann. A range of freelancers facilitated our clubs, classes, tDurs and outreach proj8cts. Guildftrrd Sh3kespgare CtsmpanyTrLASI Limrted Charty Reg. No. 11395261 Cornp2ny R89. No. 07458841 R8g. Offico.- Uppor Gmund Flcsor, 18 Farnham Ruad. Guilttfford. Surrey. CUI 4XA
GUILDFORD SHAKESPEARE COMPANY Aslolat Pavilion, Lidu Road, Guildford. GU1 1 FH T: 01483 301590 info@guildford.shakespésre-CDmpany.Go.uk W: www.guildford-shakespeère-company.co.uk Honorary Patron Brian Blessed OBE Some 24,000 parlicipation opportunttiè$ were Created through our Education and Outreach classes. 5,761 of those were fee paying. attending weekly clubs. clasÈes and workshops. A furthèr 18.273 participants engaged with our free to aocess outreach programmes. GSC Saturdays is for Children aged &18 and takes place at GSC HQ between 10am and 12md on a sardaY moming. GSC Wednesday is a new mid-week drama group for children aged 7-12 and takes place at GSC HQ b8bMeen 6pm-7pm. GSC Mondays is a more intimate drama group forautistic young people, taking place at GSC HQ 6pm- 7pm. It is limited to 8 participants and is providing a rèlaxed Spa to enjoy drarna 2nd make social connedions. GSC Sprites Two weekly Sprites classes at Queen &eanor's Junior S¢hool resumed and Godalming Junior School maintaining 2 a weekl We have also started another Sprites at Boxgrove Prfmary School. Holiday Drama Clubs Gffw to four Play-in-a-week summer schools this year for paying participants: o for 12-18 year olds. and two for 7-13yr olds. Alongside th8sè holiday clubs, we also ran three further free to accèss, week-long clubs for Young Carers. Tog&ther- a club for children wtth disabilitiès. and a further two age groups for Club4- a government funded club for children from household's struggling financially. Adult Classes The Bards Not That Hard is GSC'S practical Shakespeare classes for aduits continues in its popularity, consistently this group has been full for the last 12 months. GSC s Young CompanyThursd3y evaning class for teenagers who have an active interest in entering the profession. with dedicated mentoring schemes and streams of work that focus on directing and writing as well as acting. Thè students are treated as young professionals in training and a significant part of thèir sbjdies is fottu8ed on sile-responsive work. Their annual perfomiance was live for the first time since the pandemic started. In September they began preparations for their nineth play. In-school Workshops Ir) 2023, GSC held 36 paid in-school workshops at 14 different schooLg. Brave New World GSC conlinued Brave New World. an ongoing programme of outreach projeots to affect social change within our communities. which began in September 2018. These projects assist less advantaged schools and redu¢e social isolation in the communlty, using the transformative power of live theatre. Funding was secured from various sources. including., The National Lottery, The Community Foundation for Surrey, G3ICk Community Fund, The High Sherrff Youth Awards. Surrey County ouncil (Club41. Guildft)rol Lions, Dèlight, Archbishop of York, Guildford Poyle Charities, Geoff Herrington Foundation, and The Wrentham TNst. Delight ITn Shakespeare Working with another Surrey based charity Delight, we toured The Tempest to schools, with follow-on workshops helping them to create their productions of the play to perform to family and frtends. Speak The Speech With the help of 3 grant from The Wrentham Trust we have been able to work wth every studenl in Years 4-6 at Guildford Grove School and Weyfield Primary academy. Both schools have above thè average number of students eligible for Pupil Premium. The PlaS the Thffng Funding from The Geoff Herrington Foundation enabled GSC to lour to disadvantaged GCSE students in Surrey, providing 15 schools with professional inslghl at a crucial point of their academic lrfe. The project delivered the most popular Shakespeare plays studied at GCSE, Macbeth and Romeo and JulFet. For the first time this tour extended from three weeks performing in Surrey to nine weèks, which Guildford Shakespe8re CotTipany Trust LimilÈd Chartty Re9. No. 11395261 Cornpèny Reg. No. 07458841 . OffjL¥-. Upper Gnund Floor, 18 Famh3rn Rtrad, Guildford, Surrey, GU1 4x4
GUILDFORD SHAKESPEARE COMPANY Aslolal Pavilion, Lido Road, Guildford, GU1 1 FH T: 01483 301590 E.. InfO@glI(tror-Shakespearè-cQrnpany.CQ.Uk W.. www.gul1dford-shakespea-cornPany.CD.Uk Honorary Patron Brian Blessed OBE included a w&ek in the Netherlands, a week touring to Village Halls in Surrey, a week in Reading working th Reading Rep Theatre and three weèks in Richmond in co-production with the Orange Tree Theatr8. Spirit of Youth Has returned to Queen Elizabeth P8rk C8Tr Home and Weyfield Primary Academy where the project originated. It has been incredibly successful and has a further year of funding starting in summer 2024 from the Community Foundation for Surtey. We also reIved funding from GaEtsk Communty Fund and started a pmlect in Redhill with Greensands CarÈ home and Salfords Junior School. A Time ForAII Thlngs We continued our year-long residency at Kings College Guildford, wTth the supportfrom The Wrentham TTUSt. The programme is created in close Collaboration with members of the teaching staff making sure Shakespeare is heard and neverjust read. In Our Star5 We began 8 new programme of weekly sessions for young carers at Kings College. We also ran a summer club with young carers from all Guildford schools invited to attènd. Funded by The Archbishop of York Trust and Guildford Poyle Foundation. ith my Eyes Our dramatherapy sessions retumed for its fifth year. Funded by the National Lottery Community Fund, and The High Sheriff. Working wtth 8 families, we have seen grèat success with reports of better communication and understanding, less judgmentfrom peers and starting to feel more comfortablè with who they are. Play On We continued for the ALrtumn Tem, for past participants of With My Eyes. The sesslons allowed the children to continue their relationship with GSC and other participants, while gaining continued support. Funded by The Wrentham Trust. This class stopped in Spring as we saw many of thè participants take up plaGes in our mainstream drama clubs, such as Young Company and Monday's. Festival of Revels Our third year collaborating with West Horsley Place. on the Festival ot Revets. Jolnlng GSC and the Raleigh school to for a week intensiv8 to create a sonnet walk around the beaLrtrful grounds and house, performed lo family and fri@nds. RAISING PROFILE AND MARKETING The charity's profile continued to be raised through our main house productions, events and online interaction. It was becoming evermore clear thal a more user4riendly and robust ticket system was required for GSC. In Septemberloctober 2023 the chaty moved to a new ticketing platform, Tickets0e. This platFom). an industry leading soknre, will enable more flexibility in ticket sales, more robust reporting, and infinitely better CRM. Ticketsolve do not charge for the development and migration of GSC'S existing customer base and records. Nor are charges made against donations, supporter purchases (e.g. Friends), merchandise or education classes. A discounted rate of 90p per ticket has been agreed as the commwion rate purely against ticket sales alone. In tandem, this meant the charity also moved to a new web host SplitPixel. who will also manage the website's updates, maintenancè 2nd ¢ompliance. There is a signfficant increase in cost here from £120 with Precision Systems to £357 with SplitPixel. However, the services offeréd from SplitPixel are far outstretch those offered by the current host, including crucially the lèvel of support. They also did a 'clean' of the webslte to remove bugs and unnecessary cookies. Guildford ShakÈspeaie Cornpsny Trust LlmiiÈd Charity R&g. No. 11395261 Company Reg. 140. 07458841 . offi.. Upp•r Groun¢ Floor, 18 Farnham Roa4. Guil(Iford. Surr8y. GU14X4
GUILDFORD SHAKESPEARE COMPANY Astolat Pavilion, Lido Road, Guildft)rd, GU1 1 FPI T.. 01483 301590 info@guildford-shakespeare-company.co.uk W". www.guildford-shakespeare-company.co.uk Honordry Patron Brfan Blessed OBE Initially. the cost of these developments havè been covered by a generous donation from a couple who wish to remain anonymous. Thè donatlon, along with a grant from Foyle Foundation, will cover the cost of these new &xper)ses for over 2 years. It is anticipated that tha uplift in revenue through using the new system will cover these costs whilst seeing a sigTrificanl improvement reveNue and donations. As wttll as crucial customer relations. search statistics and audience moriitortng. Thi8 was also timed with Google Unwersal Analytics movlng to Google Analytics 4. SpitPixel were able to set 811 this up and ensurè that Facebook and Google Ads were working in rhythm wrf£h our website. However. because of this move we only have data from August 2023, so a comparison of website traffic on the previous year is not thoroughly possible. From August 2023, the website attracted 47.000 visitors in the 5 months lo year end. Social media was by far the charity's main source of raising profile. Twtiter IXI changed their analytics not allowing you lo see follower in increases. but engagemont from April- Dember 2023 was 2.80/0 (anything beeen 1-3Yg is considered excellentl. Facebook reach was down by 1 O¥p on 2022 whilst visits were up by 160 /D. Instagram increased followers by 358 to 2111. During 2022 YouTub8 subscribers increased by 6T and views increased by 1.2K. The favourable agreement that W8s brokered with Global advertising continued for Richard11, bLrt the execution of the posters on telephon2 kiosks was appalling with many Coming off or being missed allogelher. Therefore the agreement was can]Eed for the sumrner. Good relations continued with BBC Surrey with numerous inteNiews and throughout the year, and the Co-Founders recording special feaknres about Surrey for Surrey Day in May. Bo8ing, Boeing, Gonel secured reviews in The Stage and The Finan¢ial Times. Balanced covèraga continued in glossy periodicals and GSC increased its print advertising budget for all shows. In 2023, the Co-Founders sought opportunitiès to maximise their own profiles to fvrther the message of the Iheatff company and charity's objectivès. These included.. Talks with Wl and Rotary groups. Perfom)ing with the Cambridge Philhamonic. L&wis Carroll Fn Guildfordfilm shown as part of the Brltlsh Association of Victorian Studies Conference at the University of Surrey. Jekyll & Hyde film was 8hown lo the Department of English 2t Surrey Llniversty, along with a talk from thè adaptor Caroline Devlin. Hosting the Surrey Property Awards. Matt appeared in the Yvonne Arnaud panlo. seen by 29,OC() people. The final 3 months Of the year saw the charity without a Marketing Officèr. Matt took on these dueS aided by freelance designers. This role will be replad in 2024. SUSTAINABILITY Whilst GSC has always sought to be environmentally aware it was agreed in 2022 that thg charfty needèd to create a Sustainabilty Policy. This policy will help GSC make crucial future planning decisions, b8come a leadèr in our industy and ensure the charity is doing all it can lo be sustsinable. The first stage of thi8 was to eondu¢t an audit of what we currently do that is sustainable, and what is ot. The team identified some 'easy wins. tD further boost such as printing in draft and only turning on the watèr heaters as necessary. INe also need to promote more what wé are cloing. as audiencos, partners and funders a becoming increasingly more aware and ar8 looking at how those Ihey interact with a re being sustainably conscious. Guildford Shakespeare Cornpany Trnst LimilEd Charity R89. No. 11395261 Coropany Reg. No. 07458841 Reg. OfflcÈ.' Upper Ground Floor. 18 Famham Ro8d, Guildford. Surrey, GU14K4
GUILDFORD SHAKESPEARE COMPANY Aglolat Pavilion, Lido Ro8d, Guildford, GU1 1 FH T.. 01483 30159tI jnfo@guildforclhak6Spar-CornpanY.cO.uk W: www.guildford-shakespeare-¢ompany.co.uk Honorary Patron Brian Blessed 08E This will be longer project and more research is to be done on sustainable praCtiS within our indusby- and how we can turn those into practical appliealions given our operation. Co-Founder Matt Pinches and Creative Leaming Producer Kerrie Dri5coII are leading on thk8. FINANCIAL REVIEW We operated our barbk account with a positive balance throughout the year. We Continued operating both current and deposit accounts. We pald all our creditors wlthin their terms and conditions. No grants were awardpd to GSC from the Arts Council this year. A grant of £20,000 - £12,000 towards a n8w van and £8000 towards core Costs wa8 granted in January by the Foyle Foundation. A grant of£10,DOO from Garfield Weston towards a new van. Other grants came from the Rice Puds Trust, Chapters Financial and Guildford Lions. Our EdUtiOn Department received several grants for Brave New Wodd, a series of outreath projects within local schools and the communty- The Pla& The Thing IM?cb8th and Romeo and Juliet tr) GSCE students in 15 Disadvantaged Secondary Schools. Autumn 20221 £ 29,465 received from The Gooff Herrington Foundation Ith My Eyes la programme of therapeutic sessions for excluded youth and their parents- take place in SummerTerm 2023} £10.000 reived from National Lottery Community Fund, £5,000 High Sherrrf Youth Awards. Together (holiday clubs for disabled children) £6724from Club 4 Club 4 (holiday club for less advantaged children) £7245 Surrey County Council In Our St8tE (Free drama club foryoung c2rprs) £S,OOQ ArchS0p of York and £5000 Guildford Poyle Foundation Spirit of Youth £5000 Gahvick Communty Found£ttion Funding granted in 2021 spent in 2023: Speak The SpeoGh, A Time forAII Things and Play On £21,004 from Wrentham Trust Funding granted in 2022, Carried into 2023.. Spirit of Youth - £3750 With My Eyes - £5000 private benefactor Corporate Sponsorship from local and natioF)al business is a vital source of GSC'S income. Though on average a comparalivaly low amount compared lo ticket sale5. It is often the differen beeen breaking even and not. Returning Principals included Whittingtong, eXperienGUIldfOrd, Charles Stanley and Chapters Financial. KJSmith Solicitors incr8ased their sponsorship to Principals. Seven other Performance sponsors retumed along with 3 new ones. Combirbed with programme advertising, sponsorship generated £25,987. a drop of £1212 on 2022. Feedback from GSC'S Corporate Fundraiser included that a number of sponsors were pulling back on budgets and changes in personnel (thus taking sponsorship elsewherel- A ular Principal Sponsor for over 15 yeaTS moved lo being a PerformancB Sponsor, a loss in itself of 8lmost £1500. Guildford Shakespè2re Cotnpany Trust LimilÈd Charrty R89. No. 11395261 Company Rgg. No. 07458841 Reg. OfncÈ.- Upper Grouncf Floor, 18 Famham Ro¥d, Guildford. Surr8y, GU14X4
GUILDFORD SHAKESPEARE COMPANY Astolat Pavilion. Lido Road, Guildford, GU1 1 FH T.. 01483 301590 info@guildford-shakespeare-company.co.uk W: ww.guildfr)rd-shakespearwompany.co.uk Honordry Patron Brian Blessed OBE Support in kind from Yvonne Arnaud Theatre, abi Accounting and Surrey Chambers of Commerce continued. We continugd our close relationship with Hogs Back Brewery as interval Bar Partners and The Ivy Castlg View as Restaurant Partner. A new relationship was started with Wessex Gin and Taurus Wines who provicted complemontary bottles of gin for sale and Press Night drinks for Btsing, Boeing, Gone! respectivèly. Donations continued to k collected through st2nding orders. bequests, P2yPal Giving Fund and being added to lickel bookings. Amazon Smile ceased opèration. Direct donations- PayPal Giving Fund £50.131 (this includes sirkgle donations of £20K. £10K, £5K and £4K) £1076.25 Donations made with ticket sales.. £1238.50. This totalled £52445.75. A further £10,456.60 was claim9d in Gift Aid from donations and FriendslP8trons memberships. SECURtTY Project FNe continue to bg the charity's IT support provider, who also malntain the cyber security of GSC-. whilst PrecisKJn Systems continue to host the website and ticketing system. GSC eontinua to comply with GDPR privary rules, and which is continually reviewed across the year. HR GSC employed freelane8 HR support from Rosemary Hedgecock at 271 HR. Guiloford Shakespeare comTrY Trnt Limikd Charity Reg. No. 11395261 Company Reg. No. 07458847 Reg. Office.. Upper Ground Floor, 18 FarTrh3m Ros4. Guildford. Surrky. GU14XA
Guildford Shakes mited earè Com Trust St3tÈment of Yinancial Actlvities for the Year Ended 31 December 2023 31.12.23 Totsl funds 31.12.22 Total funds Unrestrltted fund Restricted fund Note5 INCOMEAND ENDOWMENTS FROM Donation$ and legacies 155.000 43,102 198,102 87,656 Other trading actwities Investment incom Other income 419,715 676 97,997 419,715 676 97,997 384,090 1,266 28,204 Total 6n,388 43,102 716.4 501,216 EXPENDITURE ON R315ing funds 458,540 60,646 519,186 517,069 Charitable artivitiès CHAR ABLE 73,821 73,821 88,897 Total 532,361 60,646 593,007 605,966 NET INCOMEIIEXPENDrruREI 141,027 117,5441 123,483 1104.7501 RECONcILTION OF FUNDS Total funds brought forward 52.698 77.840 130,538 235,288 TOTAL FUNDS CARRIED FORWARD 193,725 60,296 254,021 130,538 The nDtes form part of these finanual statements Page 9
Gutklford Shakes Limttèd earè Com Trust Balance Sheet 31 December 2023 31.12.23 TDtal fund5 31.12.22 Total funds Unstritted fund Restricted fund Notes XED ASS5 Tangible assets 46.451 14,935 61,386 54,357 CURRENT ASSETS Debtors Cash at bank IS,643 272,933 16,643 318,294 12,827 215,778 45,361 289,576 45.361 334.937 228,605 CREDITORS Amounts falling due withln one year 1142,3021 1142,3Q21 1152,4241 NET CURRENT ASSETS 147.274 45.361 192,635 76.ISI TOTALASSETS LESS CURRENT LFABIUTIE5 193.725 60296 254,021 13D,538 NET ASSEf5 193,725 60296 254,021 130,538 FUNDS Unrestricted funds Rexritted funds ID 193,725 60,29S 52,698 77,840 TOTAL FUNDS 254,021 130,538 The charitable company is entitled to exemption from audit under Saction 477 of the Companies Att 2006 for the year ended 31 Decèmber 2D23. The Enembers have not qUIred the cornpany to obtain an audit of its financial statèrN&nts for the year ended 31 December 2023 in aordance with Section 476 of the Companie5 Act 2006. The trustees acknowled8e their respon5ibilitie5 for ensuring that the charitable company keeps accounting records that comply with 5ettion5 386 and 387 of the Companie5 Att 2006 and preparing financial statements which give a true and fairview of the state of affairs of the charitable cotnp3ny as at the end of each tinanci81 year and of its surplus or deficit for each financial year in atcordantè with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relatTng to finèncial statements, so far as applicable to the charitable companv. The notes form part of these financial statements Page 10 continued...
Guildford Shakès È Limited re Com an Balance Sheet- ofttinued 31 December 2023 These finanual statements have been prepared in accordance with the provisions applicable to charitable companies subjectto the small comp8nies regime. The f5nancial statements were approved by the Board of Trustees and authorised for i55ue on - and We signed on Its behalf by= Trustee A.c, Sr£cpe- Éb The notes form part of these finantial statements Page 11
Guildford shakes Ltmited earp Com Trust Notes to the Ftnanclèl Ststements rthe Year Ended 31 December 2023 ACCOUNTING POLICIES Basis of preparlng the finan¢ial statements The financial Statements of the charr(able company, which is a public benefit entity under FRS 102, have been preparéd in accordance wlth the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recomrnend&d Prartice applicable to charitiès preparing thelr accounts in accordance with the Financial Rèporting Stsndard applicable Sn the UK and Republic of Ireland IFRS 1021 (effective I January 20191,, Fin3ncial Rèporting Standard ID2 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The finantial statèmÈnts have beÈn prepared under the historical cost convèntion. Income All income is recognised in the statement of Financial Activities once the charity has èntitlÉment to the funds. it is probable that the income will be received and thè amount can be measured reliably. Expenditure Liabilitie5 are recognised as expenditu as soon as there is a legal ur construrtive obligation committing the chèrity to that expenditure, it is probable that a transfer of èconomit benefits will be required in settlement and the 3rn0unt of the obligation can be measured reliably. Expenditure is accounted for on an accruals b15 and has been classified undèr headings that aggregate all cost related to the category. Where costs cannot be dirertly attributed to particular headings they have been allocated to attivities on a basis consistènt with the use of resources. Tangible fixed assots Depreciation is provided at the followlng annual rates tts write off the cost Df tangible fixed 3s5ets over thelr useful life.. Cornputer equipment Land & buildings Fumiture, fittings and equipment Motorvehldes 33.3% straight line 10% Straight line 33.3% straight line 25% straight line Taxation The charity is exempt from corporation tax on its charitabl2 activitie5. Fund accounting UnrestrittÈd funds be used in accordan with the charitable objettives at the discretion of the trustees. Restrirted funds can only be used for partlcular restricted purposes within the objects of the charity. Re5trirtions arise when specthed by the donor orwhen fund5 are raised for particular rèstrlcted purposes. Furth2r explanation of the natL1 and purpose of each fund is included in the notes to the fTnanc121 statements. Page 12 continued...
Guildford Shakes Limited eare Com an Trus Note5to the Financial Statements- Continued for the Yéar Ended 31 December 2023 OTHER TrADING AcrivmES 31.12.23 31.12.22 Sponsorships ricketS31Ès WorkshDPS15chools Advertising Refreshment sales Otherfundréising income Special performances 23.250 220.987 97,893 6.921 23.794 11,S63 35.007 28,298 218.022 87.565 8,015 30,482 1,700 10,008 419,715 384.090 INVESTMENT INCOME 31.12.23 31.12.22 Deposit account irsterest 676 1.266 NET INCOMEIIEXPENDfTUREI Net income/lexpenditurel 15 Stated after ¢hargin8/lcreditingl= 31.12.23 31.12.22 Deprèci*ion- own2d assets 12,886 9,825 TRUSTEES. REMUNEK4llON AND BENEFITS TherÈ were no trust2es' MUneratIon or other benefits for the year ended 31 Dacember 2023 nor forthe year ended 31 DerembEr 2022. Trustees, èxpen5?S Thère were no trustees, axpenses paid for the yèar ended 31 December 2023 nor for the year ended 31 Dec£mber 2022. COMPARATIVES FOR THE STATEMENT OF FINANCIALACTivmES Unrestricted fund Restritted fund Total funds INCOMEAND ENDOWMENTS FROM Donations and legÈties 38.886 48,770 87,65S Other trading activities Investment incomÈ Other income 384.090 1,266 28,204 384,090 1,266 28,204 Totsl 452,446 48,Tr0 501,216 EXPENDITURE ON Raising funds 492,307 24.762 517,069 Page 13 continued...
Guildftsrd eare Com an Trust Notes to the finanual Statements- contlnued fgr the Year Ended 31 December 20 COMPARAnVES FOR THE STATEMENT OF FTNANCIALAcfiviTtES- conttnued Unrestricted fund Restricted fund Total funds Chalitablè attNities CHARITABLE 88,897 88,897 Total 581,204 24,762 605,965 NET INCOMEIIEXPENDrruREI 1128.7581 24.008 IID4,7501 RECONCIUATION OF FUNDS Total funds brought fDrward 181,456 53,832 235.288 TOTAL FiJNDS CARRIED FORWARD 52,698 77,840 130,538 TANGIBLE FIXED ASSETS Fixtums and flttings Froehtsld property Motor vehicles Totals COST At l January 2023 Additions 77,ts9 8,226 85,425 19,915 19,9 At 31 Decembér 2023 T1.9 8,226 19,915 105,340 DEPRECIATION At ljanuary 2023 Char8& foryear 23.156 7,720 7,912 187 31,058 12.886 4,979 At31 December 2023 30,876 8,099 4,979 43.954 NET BOOKVALUE At 31 D@cember 2023 46,323 127 14,936 61,386 At 31 December 2022 54,043 314 54,357 Page 14 continued..
Gulldford eare Com an Trust Notes to the Financial StatemeAts- cont5nued for the Year Ended 31 December 2023 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 Trade debtsrs Qther debtors Prepayments 5.869 975 9,799 12,043 784 16,643 12,827 CREDrroRS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 Trade creditors Social security and other taxes Other creditors Accruals and daferred income Accrued Èxpens 13,248 4,2S6 951 81,586 42.231 37,108 3,439 882 109,957 1.038 142,302 152,424 ID. MOVEMENTIN FUNDS Net movetllent in fund5 At 31.12.23 At 1.1.23 Unrestrirted funds Gcneral fund 52,698 141027 193,725 Restricted funds OthÈr Funding I rtricted Gtsntsl 77,840 117,5441 60,6 TOTAL FUNDS 13D.538 123.483 254,021 Net movement in funds, intludèd in the above a as follows= Incoming resources Resour5 expended Movement in funds Unrestrltted funds General fund 673,388 1532,3611 141,027 Restrirted lunds other Funding I rEStritted Grants) 43,ID2 160.6461 117,5441 TOTAL FUNDS 716,490 1593.0071 123,483 Page continued.
Guildford Shakes Llmlted Com an Trust Notes to the Financial Statements- continued forthe Year Ended 31 December 2023 io. MOVEMENT IN FUNDS- continued Comparatives for movemènt in funds Net tnovement in funds At 31.12.22 At 1.1.22 Unr*#rirted funds Gènèr31 fund 18l456 1128,7581 51698 Rertricted fund5 Other Funding I restricted Grants) 53,832 24,DO8 77,840 TOTAL FUND5 235,288 1104,7501 130.538 Comparative net movement in funds, includÈd in the above are as follows.. Incoming resourc Resources expended Movement in fund5 Unrestricted funds General fund 452.446 1581,2041 1128,7581 Restrrcted fvnds Other Funding I restricted Grnts) 48,770 124,7621 24,008 TOTAL FUNDS 501,216 1605,9661 1104,7501 Restricted Funds.. Other Fundin Community Foundation. DÈligh¢ Poyle, Outreach, High Sheriff and the Wrentham Trust have all given gtsnts to 5UPPOrtV3rious parts of the local communTty as shown in th2TAR. Tris support has been carried irito 2024. ii. RELATED PARTY DISCL05URES There were no related party transactions for the year ended 31 DeTrmber 2023. Page 16
Guildford Shakes earg Com an Trust Limited Inde èndÈnt Examiner's Re ort to the Trustees of Guildford Shakes aare Com Trust Limitèd Independent examinèr's report to the trustees ot Guildford ShakespearÈ Company Trust Llmitsd I report to Ihe charity trustees on my examination of the accounts of th8 Company forthe year ended 31 Decomber 2023. RespDn5ibilities and basls of rèport As the Charity's Trustèes of the Company land also IÈ Directors for the purposes of company lawl you ar8 responsible for the prÈparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 ACYI. Having satisfied myself that thè accounts of the Company a not requir&d to be audited under Part 16 of thè 20Q6 Act and arè èligible for independènt examination. I report in respect of my examination of your Charitys aOUnts as carried out under seetion 145 of the Charities Act 2011 fihe 2011 Act'l. In carying out rny examination I have followed thÈ Directions given by the Chartty Commission under section 145151 Ibl of the 2011 Act_ Independent examinerfs statement I have completed my exarTrination. l Gonfirrn that no matters havè ¢ome to my attention in connection with the examination ging me Cause to believe= 8ccounting records were not kept in respect of the Company a$ tequired by section 386 of the Act or the accounts do not accord with those records" or the a¢¢ounts dD not comply wtth the a¢wunting requirements of section 396 of the 2006 Act othèr than any requirement that the accounts gNe 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 wth the methods and prinuples of the Statement of Recommended Pra¢ti¢8 for accounting and reporknng by charities lapplicable to ¢harities preparing their accounts in accordance with the Financial Reporbng Standard appliGable in the UK and Republic of Ireland IFRS 10211. I havè no ¢oAcems and have CDme across no other tnatters in connèction with the examination to which attention should b8 drawn in this pOrt in order to &nabl8 8 proper understanding of the ac¢gunts to be reached. A J Bennewtth FCA, FCPA. FFA, FFTA, FIPA DChA, FRSA Upper Grounol Floor 18 Farnham Road Gtjildford Surrey GU14XA 10 17