GOBO THEATRE FOUNDATION Company limited by guarantee Company Registration Number: 07313319 (England and Wales) Charity Number: 1140695 Trustee's Report Period: 0110912022 - 3110812023
GOBO THEATRE FOUNDATION Com InforntiOll For the peri(xl ended 31 August 2023 Trustees Mrs Amy Isabel Scott MT Adrian Rance.McGregor Mrs Catriona Paterson Mx Sofie Mirz Registered Office 3 Manor Green Harwell Didcot Oxon OXI I ODQ Bank TSB 44 Market Place Wantage Oxon OX12 8AR RegAStered Company Number 07313319 Charity Number 1140695 HMRC Charity Referenee Number XT25901
GOBO THEATRE FOUNDATION Trustee's Re The Irusleespresent (heir report with thefinancial si(uements ofihe companyfor iheperiod endea 31 Augwt 2023. Prineipal Activities To train and mentor young people in the theatrical arts. To sllprt familie5 on low income by providing youth theatre at low cost. To improve arts provision in the local rural Community. To create jobs for local artists. Mgnag¢meDt The organisation is by a board of trustees under the guidance of our Constitution. They devolve much of the everyday running lo the person appointed "Manager" The tmstees oversee all EX)licy documentatiOfL finances and imwrtant company decisions. They aim to meet every quarter to discuss these rnatteTS as well as on an ad-hoc basis when needed. The Manager is a paid person who rep)rts to the trsleeS on every day nmning. CuTrently. due to the small size of the charity, thi5 is also a trustee. but they are NOT paid for anv trustee activities only for every day nllming tIt goes above and beyond the expectations of a trustee. Board of Trustees Manager Volunteers Self*mployed staff Policy Do¢um¢nts We have written wlicies on: Safeguarding Health & Safety Financial Controls Risk Assessment First Aid Equal Opwrtunities Privacy/GDPR Environment Trustee & Staff R¢¢rnitment Trustees are appointed ¢ither because there is a gap and so is sought OUL or because someone approaches the group to help. In both instance4 the CUTrent tnstees would discuss their suitability and meet with them to decide if they are a good fit for the needs of the charity. When a new member of stsff is need0£ the group puts an advert in various
appropriate places and receives applications, and on the back of this conducts interviews. All new members are required to be DBS checked and undergo relevant training. Some Key Achievements for 2023 We provided theatre opwrtunities to 55 children. teaching them CTeativ¢. team- working. problem-solving and communication skills. as well as giving them the chance to perforni onstage and build confidence. We sup)rted 12 children from low-income families through OUT youth theatre programme. We have worked with looked-after cbildren, service children, home-schooled children and many with additional needs. Some of these students have gone on to get distinctions in exams and onto courses they feel they wouldn't have otherwise got into. so we feel proud of the skills we have helEth them gain in order to sllprt other areas of their lives. We pres¢nt¢d quality theatre to the local community. within walking distance for a ral area that doesn't have much theatre, to rougbly 350 people. We provided work for I£1 self-¢mployed artists. including training some young people under 25 in their first roles. Quotes from par¢nts, students, teachers: -Gobo has truly changed my life and I"m so so glad I found IL I'rn not sure I would be the person l am tINJay without all of your supwrt and the opp)rtunities you've given tne.- "I can honestly say that Gobo has kn the FKst thing to ever hapFn to K and he would definit¢ty not be the person that he is without you and GoiK>. and th¢ other opportunities that has afforded him" -you have undoubtally tranSfmed the lives of many young aspiring people of the "Having such an ]lUsive gTOUP is so valuable to them and much appreciated." "You have work¢d wondeTS with these young pupils- I know many of them. and they have grown so much in confidence and self belier "Since joining yw at goEM) her anxiety Ilas impn)ved so and her confidence is buildin& drama has been amazing for her and l ¢an% thank you ¢Doiigh" "l think the kids are very lucky to be able to att¢nd your ¢lass; it is fvn. interesting, they are learning a lot of life skill& differe]]t friends from different age groupsls¢hwls and backgrounds- "The change in X is y) wond¢rFul to see.- -1 cannot tell you how imwrtant CM)Ix> has Ien for his well being (and othcrs) especially over the last 2 years.- Perfomgnce We invested a lot on keeping students and families engaged during Covid, which paid off, as while w¢ made a loss during the 20-21 year the prCeding Ye picked up again and were n]uch more even. This year was our biggest financially yeL hitting the over £25,000 for Ix)th income ond expenditure for the first time ever. Objectives for 2024 To continue to offer Iow-COSt opportunities to those frorn all backgrounds and provide quality theatre to those in rural areas. Despite this however. and after much discussio the trustees have taken the decision that the work of the youth theatr¢ would be better undertaken by a non-profit Community Interest Company arni. whilst the charity itself focuses on those needing subsidies.
Financial Review This financial year h&s shown around a 250/0 incre&se in tUTDover (though the previous year in itself w&s a dmp after Covid). EX[ltUre and profit remain similar figeS in line with our not-for-profit status. Reserves hav¢ increased slightly (if the charity should fold, this goes to a charity completing similar work in line with our Constitution). No funds are held by a Custodian trllstee. apart from briefly after a productio when less than £500 is taken in cash and deposited in the bank. After scrutinising the accounts with the indqtht examintt, it was nofrd that our filed accounts for th¢ end of FY2022 were r4rted slightly incorrectly due to the month end being wrong. Also some ledgers were Uated to change the eategory of solne inputs. Please see corrected accounts in this report. Approved on half of the trustees by on
To the Trnsteu of Gobo Theatre On Accountsfor Year EndedAugusi 2023 RestK)nsibilities and basis of Rert As the charity's tn]stees you are resw)nsible for the Preparation of the accounts in accordance with the Charities Act 2011. I report in respect of my exan]inatioTh of the charity's accounts GrIed out under section 145 of the 2011 Charities Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent Examiner's Statement I have completed my examinatson. I confirni that no material matters have corne to my attention which gives me reasonable cau% to kliev¢ that any material respect: accounting records were not kqx in accordance with section 130 of the Charities Act or the accounts do not accord with the Colting records. I have no concerns and have come across no other matters in connection with the examination to which atlention should be drawn in order to enable a proper und¢rstanding of the accounts to be reached. Signed (Independent Examiner): Date". 16 Full Name: David Matsh Address: Ch4KI HOe. High StreeL Harwell, OXI I OEX
Profit and Loss Gobo Theatre Foundation For the 12 months ended 31 August 2023 A¢¢ount Sept 2022-A 2023 Se 2021-Au 2022 Tumover Bar Sates Donation Interest In¢oma Other Revenue Prografflme Sales studenl Fees Ti¢ket Sales Total TUrn0r 42.81 224.S) 6.21 246.94 89.50 I.cO 766.eA) 24.W04 2.071.70 27.970.20 20,511 20 21.Tn.66 C05t of Sales Bar Costs Hire of Premises Offi¢&Thehing suWies Production costs Progf8mme Costs TLrtot Fees Totsl Cost of Sales 178.93 4,1%.59 378.81 3.294.14 3.926.63 2.611.38 152.67 11.426.66 17.898.66 17.137_55 25.379.70 Gross Prorrt 2.590.50 3.879.00 Administrative Costs AccouTilaT Advertising & Markeling Audrt & AccntancY fees General Expenses Insurance IT. sollWa and ConsLmiabks Professional Membersh Sales retumed Staff Traning sub8crtrpb.ons Totsl AdministratF¥e Costs 212.20 18340 37.29 150.(M) 772.39 299.36 23.98 145.(Y) 2786 140.C 315.85 321.01 1..00 1.779.28 OFw¥ting Profft 2.099.72 Profft ¢n Ordlna 2.099.72 Profft after Taxation 9x50 2.099.72
Balance Sheet Gobo Theatre Foundation As at 31 August 2023 Account 31 Aug 2023 31 Aug 2022 Fixed Assets Tangible Assets Build Prcrtjuction Equipment To131 Tangible Assets 2.018 99 1.500 (XI 3.518.99 3.518.99 2,018.99 1,500.00 3.518.99 3.548.99 T¢>tsl FIX Assets Current Assets Cash at bank and In hand Gotrx) Theatre Foundath)n 3.340.59 2,264.80 1,001.82 Swng Total Cash •1 bank and In hand 1.007.37 4347.96 3.266.62 87.50 3.354.12 Totsl Current Assets 4.347.96 Croditors: amunts fallin due within one year Hk8torThl Adiustsner 1.545.49 1,545A9 1,545.49 Totst crltors. amounts falllry due wlthln one year 1.545A9 Net Currert A8Bets Liabilities 1802A7 1.808.63 Total Assets less Current Liabilitigs 6.321A6 5.327.62 6,321A6 5,327.62 ital and Rgserves ent Year EarrirYJ% Retsi1 E8mrys Trartsfer {388.781 6.710.24 2,104.65 3.222.31 Totsl Capital and Resor¥es 321A6 5,327.62