Registered number: 07034118
Charity number: 1141921
THE PRINT ROOM THEATRE
(A Company Limited by Guarantee)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
CONTENTS
Page
Reference and Admlnlstratlve Detalls of the Charlty, Its Trustees and Advlsers
Trustees. Report
Independent Audltors. Report on the Flnanclal Ststements
ststement of Financial Activitigs
2-12
13-17
Balance Sheet
19
ststement of Cash Flows
20
Notes to the Financial Ststements
21-34

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Trustees
M Gilligan
M A Fisher
J Quinn
W T Winters, Chairman
A Winters
L Bernhardt
Company registered number
07034118
Charity registered number
1141921
Registered office
1 st Floor Arthur Stanley House
40-50 Tottenh8m Street
London
W1T4RN
Principal operating office
103 Notting Hill Gate
London
W11 3LB
Independent auditors
Goodman Jones LLP
Chartered Accountants
1 st Floor Arthur Stanley House
40-50 Tottenham Street
London
W1T4RN
Page 1

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The Trustees present their annual report together with the audited financial stslements of the Charity for the 1
October 2023 10 30 September 2024. The Annual Report serves the purposes of both a Trustees, report and a
directors, report under company law. The Trustees confirm that the Annual Report and financial statements of
the charitable company comply with the current statutory requirements, the requirements of the charitable
company's governing document and the provisions of the Statement of Recommended Practice ISORPI
applicable to charities preparing their accounts In accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS1021 leffecb.ve 1 January 20191.
Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required
of medium and large companies under the Companies Act 2006 (strat￿1¢ Report and Directors, Reporti
Regulations 2013 has been omitted.
The Charity also trades under the names Coronet Theatre.
Objectives and activities
a. Aims and objectives
The Charity's mission Is lo advance the arts for the public benefit by the promotion in particular, bul not
exclusively, of the art of drama, dance, performance art and poetry.
The Print Room Is an art house, producing an eclectic programme of UK and Intemational artists, work, creating
a powerful and exciting programme, unlike any other theatre in London. In setting objectives and planning for
activities, the Trustees have given due consideration to general guidan￿ published by the Charity Commission
relating to public benefit.
b. Activities for achieving objectives
The objective of the charity is to advance the arts for the public benefit by the promotion in particular, bul not
exclusively, of the art of drama, dance, performance art and poetry. The charity's mission is to stage exciting
undiscovered pieces by great writers, and to provide opportunities for emerging and tslenled artists from all
fields. The Print Room produces and presents exciting work by artists from around the worfd, working across
media and genre. The powerful programme of artistic productions, performances, exhibitions, concerts,
workshops and other participatory events create surprising experiences for local and travelling audiences.
The charity aims to make ils work accessible to the widest possible audience and looks to remove barriers to
attendance through a range of initiatives Including discounted tickets for students, artists, schools and local
audiences as well a5 disabled people and older patrons. The charity provides professional development for
young and emerging artists, creative and stsff teams al the theatre and in workshops in off-site locations.
We have continued to develop relationships with a number of local schools and reached out to schools in
neighbouring boroughs, inviting them to see performances at reduced or no cost.
Page 2

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Achievements and performance
a. Achievements
Over the year we have staged a variety of shows from plays, poetry, dance, Art Exhibitions and music.
Achievements.
We staged the world premiere of The Belt, specially designed for the theatre space as an
audience immersive dance piece by the celebrated Korean dance group Ambiguous.
We hosted a Taiwanese festival which Induded dance, music and art installations by the
renowned Taiwanese artist Cheng-Tsung Feng.
We presented artists and artistic companies from all over Europe and Asia.
We hosted 10,062 attendances for the year. This was slightly down compared the previous year. which was
12,670 attendances. The reason for the difference was that we did a higher number of shorter projects therefore
the number of instan￿$ were lower. This was in an effort to continuously manage travel and accommodation
cost.
b. Outreach
We continued our association with local schools and we were pleased that so many came lo see Chilen.. We
also hosted the French Lycee, RADA and Norland Place School on our main stage for their own end of year
productions.
Page 3

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Achievements and performance lcontinuedl
c. Productions 2023-24
Las Alegria5 (The Joys) by Paula Quintana
27- 28 Oct 2023
Internationally renowned contemporary and flamenco dancer and choreographer Paula Quintsna brought her
award-winning solo dance piece Las Alegrias (The Joys) to The Coronet Theatre for ils UK premiere.
Performed on a body of water, this multidisciplinary spectacle drew on the works of feminist writer and activist
Roy Galan, culminating in a celebration of the creative, feminine and mysterious powers of joy.
Luigia Riva & Daniele Derossi: A Triple Bill
10-11 Nov2023
Acclaimed ltslian dancer and choreographer Luigia Riva presented a triple bill of perf0mlan￿ art spanning both
our theatre and studio spaces. In her debut al The Coronet Theatre, she presented Incorporelol and Inrelita,
established ple￿$ created in collaboration with writer and biologist Daniele Derossi, and Involo, a new work
which premiered at the Coronet Theatre, choreographed for dancer Nina Khokham.
Inrelita featured an additional eight amateur male performers who volunteered to tske part in the show following
a creative call out on our mailing list and social media channels.
Father Politics by Company MEK
23- 24 Nov 2023
'Combining powerful, skilful solos with the Gon￿ntrated energy of perfectly synchronized group elements, the
company unmasks patterns ofpolilical thought with virtuoso dan￿.,
BZ Basel
The UK premiere of an explosive political dance piece from acclaimed hip-hop and contemporary dance
collecb.ve Company MEK.
Performed by a mullinalional, diverse ensemble, Father Politics unmasks the polarisation of politics, and the
manipulation of truth in the media to influenTr younger generations. This energetic dan￿ pieTr explores the
feeling of powerlessness from a personal perspective.
Father Politics was accompanied by a workshop led by Company MEK for advancedlprofessional level dancers.
Then or Now by Ballet Black
01 Dec 2023
Ballet Black celebrated the end of their 2023 Pioneers season with a 'made for film, screening of Then Or Now.
Then or Now is a powerful classical ballet sel against the backdrop of Adrienne Rich's poetry and accompanied
by violin. William Tuckett's 'spellbinding' ???? (The Guardian) choreography explores the joys of submitting lo
the freedom of guilt through a series of movements.
The Coronet Theatre Jazz Festival 2023
7-9Dec2023
BBC Jazz Innovation award-winner Byron Wallen returned lo The Coronet Theatre to curate a sensational
festival of jazz.
Page 4

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Achievements and performance lcontinuedl
The Coronet Theatre Jazz Festival began each night with a screening of Tom Parsons, film Revelations In Small
Steps, with two bands playing after the film every night, including Josephine Davies. Trinity Laban's Big Band.
Byron Wallen. Zoe Rahman, Indigo and Jas Kayser.
Rethinking Co-Existence by T.H.E Dance Company
9- 10 Feb 2024
°T.H.E Dance Company continues to transfomi, evolve and respond to disruption of the current times and
sensibilities Istephanie Burridge, The Straits Times)
T.H.E Dance Company returned to The Coronet, following 2022's sold-out production Phenoumenon, with a
triple bill of UK premieres. Present, Pure and Un-form Investigate existence, the complexities and tensions of
social interactions, and identity, both as artists and as individuals. Featuring pieces by Kuik Swee Boon and
one by resident choreographer Kim Jae Duk, expect an evening of beautiful, electric, heart-pounding dance.
GOOD-BYE by Chilen Theatre Company
5-9Mar2024
One of Japan's foremost experimental theatre companies presented GOOD-B YE, based on the 1949 work of
popular Japanese novelist, Osamu Dazai, (No Longer Human), and a collage of his later works.
Sel in a bar, accompanied live by the Japanese rock band Kukangendai, where everyone gels increasingly
drunk, the piece addressed the struggle to identify what it was, and now is, to be Japanese.
GOOD-BYE was accompanied by a post-show talk and a workshop led by Chiten Theatre'5 Artistic Director
Motoi Miura.
Tacit Group & Gazaebal
22- 23 Mar 2024
Immersive audio-visual pioneers Tacit Group and their co-founder Gazaebal presented special concerts,
Unlreadable Sound and Tacit.performlBesll showcasing their spectscular synthesis of sound and visual art.
The concerts were accompanied by an exclusive workshop exploring the process behind Tacit Group's mu51C.
The Taiwan Festival
12-27 Apr2024
Over 16 days, The Taiwan Festival presented more than 30 contemporary visual artists, theatre makers, dancers
and musicians from Taiwan, most of whom never before seen In the UK, exploring Taiwanese Identity, post-
colonial history. politic5, lust and desire.
Each perfomiance was surrounded by free events, including an immersive VR experience and an exhibition from
one of Taiwan's leading installation artists, invib.ng audiences to soak up the experience of Taiwan's artisb"c
landscape..
World and UK premieres Included..
A major site-specific bamboo Installation by stellar Taiwanese artist Cheng-Tsung Feng, encasing the
Coronet Theatre's historical fapde.
Riverbed Theatre's Immersive VR experien￿ All That Remains, alongside the wodd premiere of tsking
It down and pulling il up, a poetic meditation on the work of Marcel Duchamp.
Page 5

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Achievements and performance lcontinuedl
Reflecting the astonishing cultural ioumey of this country, extraordinary pieces from leading
collectives Anarchy Dance Company and Hung Dance Introduced Taiwan's booming contemporary
dan￿ scene to the UK.
The London premiere of Chou Kuan-Jou's playfully provocative Edinburgh Festival hit Tomato.
Two inlimale performances from acclaimed multidisciplinary music artist Yujun Wang, who launched her
new album Dawn lo Dawn.
The festival also Included workshops from Cheng-Tsung Feng and Chou Kuan-Jou.
Good Luck. Cathrine Frost! by Cathrine Frost
Presented by Del Andre Teatret, Norway
10- 11 May2024
°Frost makes the audience both laugh and cry'_ A-magasinet.
A comedy about childbirth, public health and philosophy. Calhrine Frost was a nurse, then an improviser, then
she became a mother. Good Luck, Cathrine Frosll is the story of her experience. Blending humour and honesty,
Calhrine breaks down our view of the profound change in the life of the person who becomes the mother and
how we relate to the universal, existential act of being bom.
Jean-michel Bernard: Piano Cinema & Jean-Mi¢hel Bernard plays Lalo Schifrin
16- 17 May2024
Acclaimed film composer and pianist Jean-michel Bernard retumed to the Coronet Theatre after composing the
score for 2016's ballet TERRA with an intimate COn￿rt of film music from his acclaimed albums Piano Cinema 1
and 2 as well as a tribute to Lalo Schifrin.
During the concerts he was joined by special guests Fukiko Takase and Noah Francis Johnson.
Mister Poppy: Jelly by Andrew Poppy
1 Jun 2024
Composer, musician, vocalist and record producer Andrew Poppy's vast portfolio has seen scores for theatre,
opera, film, contemporary dance and art Inslallalions. His latest project, Jelly, a beautifully challenging and
Intensely-detsiled spoken and sung solo performance, sees him adopt his Mister Poppy persona.
L'Amore Del Cuore (Heart's Desire) by lacasadargilla
13- 15Jun2024
A hilarious and touching Italian adaptation of one of Caryl Churchill's most revolutionary plays.
This adaptation, from awlaimed Italian theatre maker Lisa Ferlazzo Natoli and company lacasadaryilla.
employed movement, the Italian tradition of Commedia del'Arte, and Churchill's text lo push the limits of
language. "Amazing. A work of infinite and fascinating restarts, rewinds and still images (Rodolfo Di
Giammarcol
The performance was accompanied by a post-show talk with professor Paola Bono, Italy's leading expert
curator of Caryl Churchill's works and theatre critic Alessandro lachino.
The Beckett Trilogy by Gare St Lazare Ireland
20-22 Jun 2024
Page 6

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Achievements and performance lcontinuedl
°The unparalleled Beckett champions...
(New York Times) Gare St Lazare Ireland returned to The Coronet
Theatre with their acclaimed Beckett Trilogy. The company's precise and elegant work makes Beckett
accessible to all, highlighting the humour and humanity in his writing.
The three novels, Molloy, Malone Dies & The Unnamable, written at the same lime as Wailing for Godol. made
up what the writer considered his Important work Acclaimed actor Conor Lovell and award-winning director
Judy Hegaty Lovett gave powerful life to the essence of each of these novels in a production estsblishing them
as the leading exponents of Beckett's work.
Due to exceptional demand, standing tickets were added to each performance.
The Belt byAmbiguous Dance Company
10-14Sep2024
The Coronet Theatre's first ever site-specific event.
The Belt was an extraordinary immersive journey from the industrial revolub.on to the technological revolution,
guided by Korea's leading dan￿ company.
The Coronet Theatre's first immersive event look audiences down the candlelit hallways of one of London's most
atmospheric theatres, where Ambiguous Dance Company's superb dancers inhabited hidden backstsge areas,
dressing rooms, allics and the glorious rooftop cupola. Korea's leading dance company Combined hip-hop, ballet
and acrobatics in playful, pulsating dance, bringing the energy of the new Korea to a stunningly restored icon of
the Victorian era. The evening culminated in a brand-new high octsne full-lenglh pieTr on The Coronet's main
stage.
RADA LAB WORKS from RADA'S MA Theatre Lab
The Coronet Theatre and RADA'S partnership continued throughout 2023 and 2024 with workshops, scratch
nights, and a series of original 'lheatre-shorts', enabling artistic development, public visibility, and new networking
opportunities for emerging artists.
RADA Scratch Night.. 31 Ocl 2023
RADA Scratch Night.. 16 Mar 2024
RADA LAB WORKS 17- 20 Jul 2024
Page 7

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Achievements and performance lcontinuedl
d. Poetry Events
Poetry Club at the Print Room
Our popular series of contemporary poetry readings continued throughout the year.. Poets included'.Don
Paterson, Nick Laird, Yang Lian and Yoyo, Daljit Nagra. Matthew Hollis. Mona Arshi. Lemn Sissay. David
Harsent. Kit Fan, Mary Jean Chan. Charlotte Shevchenko Knight, Imtiaz Dharker. Sasha Dugdale and
Camille Ralphs.
Dead Poets Live
The Dead Poets Live series, in partnership with the TS Elliot Foundation, presents staged readings of work by
famous dead poets, undertaken by very well-known actors. The 202>24 series included..
Sylvia Plath
17- 18 Nov2023
Featuring Denise Gough.
Autumn Journal
3 Dec 2023
Featuring Eanna Hardwicke
The Haunler
19 May 2024
Featuring Toby Jones, Lesley Sharp and Rosie Sheehy.
e. Coronet Speclal Events
In addition to the main programming, there were also a number of special events throughout the season,
induding..
Tattooist Doy
9 Oct 2023
Selected as one of the wodd's top five tattooists by The Guardian, Tattooist Doy performed a Korean style live
tattoo on stsge, accompanied by music, with the performance projected on screen. The evening also featured a
Q&A chaired by Fiona Bae, author of Make Break Remix.. The Rise of K-style
The Book of Liquids by Irene Santori
16 Nov 2023
An evening of poetry from one of ltsly's most acclaimed poets accompanied by a live electronic score In our
atmospheric and intimate studio.
Book Launch.. Ram Gopal
14 May 2024
An evening of dance, music and conversation lo launch Ann R David's book on Indian dancer Ram Gopal.. Ram
Gopal. Interweaving Histories of Indian Dance (Bloomsburyl.
Financial review
Page 8

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
a. Golng concem
The charity receives loans and donations from certain trustees to provide it with sufficient funds lo enable il to
continue as a going concern. The charity has re￿iVed assurances that such funding will continue to be made
available for a period of at least 12 months from the dale of signing the balance sheet.
As a result, the Iruslees consider it lo be appropriate to prepare the accounts on a going concern basis.
b. Flnanclal revlew
By 30th September 2024 the charity celebrated its 1 Oth anniversary in ils new premises, The Coronet al 103
Notting Hill Gale
The Theatre grossed £241,332 in ticket sales, almost identical to the previous year.
At 30th September the Theatre balance sheet showed a surplus of £10,718. However the unrestricted funds are
in deficit of £9,220.
During the current financial year, il was identified that a loan was incorrectly written off in the prior year, this has
been corrected by restating the comparative figures for the prior year, which has lead the funds to be in deficit,
for the prior periods.
The Trustees have reviewed the circumstances leading to this error and have implemented additional controls lo
prevent such occurrences in the future.
c. Fundralslng
The fixed costs of the charity and any shortfall on productions have been and will continue to be funded by
donations.
Challenges lo be addressed next year, include cultivating the new prospects identified and converting them into
supporters. Related to this is the need to develop the community outreach scheme for the theatre, which will
enable us to make our case for support more compelling and hence convert prospects into supporters, as well
as approach new trusts for funding.
The theatre relies on the support of ils Chairman, Mr William Winters lo make up any shortfall.
d. Reserves pollcy
The Charity aims to maintain unrestricted and uncommitted funds equal lo be￿een three and four months of
overheads and salaries and lo provide financial cover for contingent situations such as shortfalls in box office or
fundraising under achievement. Restricted funding is held for use on specific projects as per the agreement with
individual funders.
As mentioned above the total reserves this year are in a surplus of £10,718, due lo the restatement the prior year
reseNes are now also in deficit at £28,335. This has been brought lo the trustees attention and will be a priority
lo replenish the reserves in the coming years.
Page 9

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Structure, governance and management
a. Constitution
The Charity is a charity limited by guarantee governed by ils Memorandum and Articles of Association. It was
registered as a charity with the Charity Commission on 16 May 2011.
b. Method of appoint or election of trustees
Trustees are recruited with the aim of securing a broad range of skills and experience In the service and
development of the Charitys objects.
c. Policies adopted for the induction and training of Trustees
Trustees receive an induction to the work of the Charity and are encouraged to undertake training where gaps in
knowledge and experience are Identified and in order to maintsin collective expertise in good governan￿.
d. Remuneration policy for key management
All staff salaries are set with reference to industry standards of remuneration, regularly benchmarked against
peer organisations. Perfonning and creative personnel salaries are sel with reference to the Independent
Theatre Council's Ethical Management standards.
Oryanisational structure and decision making
The board of 6 Iruslees approve all strategic and financial decisions. They delegate the day-to-day leadership of
the Charity lo Anda Winters- Artistic Director and CEO who works with a senior team on the management of the
Charity.
During the year we created a new role of Buildings and Products Co-ordinater.
We continued to employ the casual roles of Duty Manager, Front of House and Box Office Stsff on a rolling
ba51S, SUPPOrted by our Voluntary Ushering Staff programme. We continued lo engage a part-time Poetry Co-
ordinalor lo advise and manage the programming of the poetry events.
Sharon Kean acts as our Press Representative for the company.
Board structure..
The trustees I directors for the period of this report were. the Chairman Bill Winters, Artisb"c Director Anda
Winters. Linda Bernhardt, Mimi Gilligan, Mike Fisher and Jane Quinn.
f. Relationship with Coronet Ondine LLP
The Theatre operates from 103 Notting Hill Gale, London W11 3LB. The building from which il operates is
owned by Coronet Ondine LLP. The ownerslpartners of Coronet Ondine LLP are Mr and Mrs W. Winters who
are also Trustees of the Theatre. Rent and a Servi￿ charges are now being charged by Coronet Ondine LLP, in
line with the agreement dated 1 st of October 2019.
Page 10

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Structure, governance and management Icontinuedl
g. Key risks and risk management
The trustees examine major risks to the organisalion as a standing item al their quarterfy meeting, during which
they Confirm the systems that are in pla￿ lo manage these risks. This is a dynamic assessment updated
quartedy. Three areas are considered lo be of most significant risk..
Box Office Income". there is risk of under-performance al the box office with productions not meeting their
income targets.
Fundraising.. the charity needs lo raise funds lo subsidise its aclivilies, and the Iruslees monitor progress of
fundraising against realistic targets. The charity benefits from generous individual donations and corporate
sponsorship.
Future developments
Business planning is led by the Chief ExecutivelArtislic Director and the board with the senior staff team. Annual
budgets are developed and approved by the board including a clear projection of income and expenditure.
The charity is in the prO￿sS of updating its financial systems and pro￿sseS lo ensure that it can carry out ils
planned programme and deliver its obligations effectively.
The artistic programme is sel by the Chief ExeculivelArtislic Director working 12-18 months in advan￿.
Currently planned productions include a Taiwanese festival, which will showcase diverse talent from one of
Asia's less known dynamic cultures
statement of Trustees. responsibilities
The Trustees Iwho are also directors of The Print Room Theatre for the purposes of company lawl are
responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law
and UK Accounting Stsndards.
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the
Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of
the slate of affairs of the Charity and of ils incoming resources and application of resources, including ils income
and expenditure, for that period. In preparing these financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgments and accounting estimates that are reasonable and prudent.,
slate whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material
departures disclosed and explained in the financial stslemenls.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufFicienl to show and explain
the Charity's transactions and disclose with reasonable accuracy al any time the financial position of the Charity
and enable them lo ensure that the financial stslemenls 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.
Page11

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Disclosure of infomiation to auditors
Each of the persons who are Trustees al the time when this Trustees. Report is approved has confirmed that..
so far as that Trustee is aware, there is no relevant audit information of which the charity's auditors are
unaware, and
that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of
any ￿levant audit informab'on and to establish that the charity's auditors a￿ aware of that information.
Auditors
The auditors, Goodman Jones LLP, have indicated their willingness lo continue in office. The designated
Trustees will propose a motion re8PFX)inting the auditors at a meeting of the Trustees.
Approved by order of the members of the board of Trustees and signed on their behalf by..
Dale".
30-07-25
h(LiA* r. (th"thys
Page 12

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE PRINT ROOM THEATRE
Oplnlon
We have audited the financial ststemenls of The Print Room Theatre Ithe 'charily'l for the year ended 30
September 2024 which comprise the Slalement of Financial Aclivilies, the Balance Sheet, the Statement of
Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102 'The Financial Reporting Stsndard applicable in the UK
and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practi￿1.
In our opinion the financial statements..
give a true and fair view of the stale of the charitable company's affairs as al 30 September 2024 and of
its incoming resources and application of resources, including its income and expenditure for the year
then ended.,
have been properfy prepared in accordance with United Kingdom Generally Accepted Accounting
Practice., and
have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities
Act2011.
Basis for opinion
We conducted our audit in accordan￿ with International Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit
of the financial statements section of our report. We are independent of the charitable company in accordance
with the ethical requirements that are relevant lo our audit of the financial statements in the United Kingdom,
including the Financial Reporting Council's Ethical Stsndard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is
sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to going concorn
In auditing the financial slalements, we have concluded that the Trustees. use of the going concern basis of
accounting in the preparation of the financial slalemenls is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable company's ability lo
continue as a going concern for a period of al least ￿e1ve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the Trustees wth respect lo going COn￿M are described in the
relevant sections of this report.
Page 13

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE PRINT ROOM THEATRE
ICONTINUED}
Other Informatlon
The other information comprises the information included in the Annual Report other than the financial
statements and our Auditors. Report thereon. The Trustees are responsible for the other information contained
within the Annual Report. Our opinion on the financial statements does not cover the other information and,
except lo the extent otheNise explicitly ststed in our report, we do not express any form of assurance conclusion
Ihereon. Our responsibility is lo read the other information and, in doing so, consider whether the other
information is materially inconsistent with the financial statements or our knowledge obtained in the course of the
audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent
material misstatements, we are required to determine whether this gives rise to a material misstatement in the
financial statements themselves. If, based on the work we have performed, we conclude that there is a material
misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Oplnlon on other matters prescrlbed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the Trustees, Report for the financial year for which the financial stslemenls are
prepared is consistent with the financial ststements.
the Trustees, Report has been prepared in accordance with applicable legal requirements.
Matters on whlch we are requlred to report by exceptlon
In the light of our knowledge and understanding of the charitable company and its environment obtsined in the
course of the audit, we have not identified material misstatements in the Trustees, Report.
We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires
us to report to you if, in our opinion".
8dequ8te accounting records have not been kept, or retums adequate for our audit have not been
ceived from branches not visited by us", or
the financial statements are not in agreement with the accounting records and returns,. or
certain disclosures of Trustees, remuneration specified by law are not made., or
we have not received all the information and explanations we require for our audit., or
the Trustees were not entitled lo prepare the financial statements in accordance with the small companies
regime and take advantsge of the small companies. exemptions in preparing the Trustees, Report and
from the requirement to prepare a Strategic ReF)Ort.
Page 14

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE PRINT ROOM THEATRE
ICONTINUED}
Responslbllltles of trustees
As explained more fully in the Trustees, Responsibilities Statement, the Trustees Iwho are also the directors of
the charitable company for the purposes of company lawl are responsible for the preparation of the financial
statements and for being satisfied that they give a true and fair view, and for such internal control as the
Trustees determine is ne￿SSary lo enable the preparation of financial statements that are free from material
misstatement, whether due lo fraud or error.
In preparing the financial ststemenls, the Trustees are responsible for assessing the charitable company's ability
lo continue as a going concern, disclosing, as applicable, matters related to going concern and using the going
concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease
operations, or have no realistic alternative but lo do so.
Page 15

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE PRINT ROOM THEATRE
ICONTINUED}
Audltors. responslbllltles for the audlt of the flnanclal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misslatemenl, whether due to fraud or error, and lo issue an Auditors, Report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always detect a material misststemenl when it exists. Misstatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected lo influence the economic decisions of users taken on the basis of these financial ststemenls.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures
in line with our responsibilities, outlined above, lo delect material misststemenls in respect of irregularities,
including fraud. The extent to which our procedures are capable of delecling irregularities, including fraud is
detsiled below..
Based on our understanding of the charity and sector, we identified that the principal risks of non-compliance
with laws and regulations related lo sector regulations and unethical and prohibited business practices, and we
considered the extent to which non-compliance might have a material effect on the financial ststemenls. We also
considered those laws and regulations that have a direct impact on the preparation of the financial ststemenls
such as the Companies Act 2006, Charities Act 2011, Charity Commission and sector regulations, and UK Tax
Legislation. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial
statements (including the risk of override of conlrolsl. Appropriate audit procedures in response lo these risks
were carried out. These procedures included..
Discussions with management, including consideration of known or suspected instances of non-compliance
with laws and regulation and fraud.,
Reading minutes of meetings of those charged with governance.,
Obtaining and reading correspondence from legal and regulatory bodies including HMRC",
Identifying and lesling journal entries,
Challenging assumptions and judgements made by management in their significant accounting estimates.
We also communicated relevant identified laws and regulations and potential fraud risks to 811 engagement team
members, and remained alert to any indications of fraud or non-compliance with laws and regulations throughout
the audit.
The￿ are inherent limitations in the audit procedu￿$ described above and the further removed non-compli8nce
with laws and regulations is from the events and transactions reflected in the financial stalemenls, the less likely
we would become awa￿ of it. Also, the risk of not detecting a materi81 misstatement due lo fraud is higher than
the risk of not detecting one resulting from error, as fraud may involve deliberate eoncealmenl by, for example,
forgery or intentional Mis￿presentatiOns, or through collusion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website al. www.frc.or
.uk18uditorsres
onsibilities. This description forms part of our
Auditors, Report.
Other matters
The comp8ralive information presented in these financial statements was not subject lo audit.
Page 16

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE PRINT ROOM THEATRE
ICONTINUED}
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate to the charitable
company's members those matters we are required lo stale lo them in an Auditors, Report and for no other
purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we
have formed.
SUI
Julian Flitter (Senior Statutory Audltorl
for and on behalf of
Goodman Jones LLP
Chartered Accountants
1 st Floor Arthur Stanley House
40-50 Tottenham Street
London
W1T4RN
Dale..
31-07-25
Page 17

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES {INCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Total
funds
2023 - as
restated
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Note
Income from:
Donations and legacies
Charitsble activities
Investments
715,997
241,332
550
118,126
834,123
241,332
550
884,898
270,293
312
Total income
957,879
118,126
1,076,005
7,155,503
Expenditure on:
Raising funds
Charitable activities
2,806
916,020
2,806
1,034, 146
1,863
1, 161, 757
118,126
Total expenditure
918,826
118,126
1,036,952
1, 163,614
Net movement in funds
39,053
39,053
(8,711)
Reeoneiliation of funds..
Total funds brought forward
Nel movement in funds
148,2731
39,053
19,938
128,3351
39,053
f20,224)
(8,711)
Total funds carried forward
19,2201
19,938
10,718
(28,335)
The notes on pages 21 to 34 form part of these financial statements.
Page 18

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee}
REGISTERED NUMBER.. 07034118
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
2023 - as
restated
2024
Note
Tangible assets
11,809
18.558
11,809
78,558
Current assets
Debtors
Cash al bank and in hand
10
43,827
57,073
15,273
95,928
100,900
111,20f
Creditors.. amounts falling due within one
year
1101,9911
(758,094)
Net current liabilities
11,0911
(46,893)
Total net assets
10,718
(28,335)
Charity funds
Reslricled funds
Unrestricted funds
12
12
19,938
19,2201
19,938
(48,273)
Total funds
10,718
(28,335)
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect lo
accounting records and preparation of financi31 statements.
The financial slalemenls have been prepared in accordan￿ with the provisions applicable to enlilies subject lo
the small companies regime.
an
Is were approved and authorised for issue by the Trustees and signed on their behalf by..
Dale..
30-07-25
w11￿M Wlnl*s
The notes on pages 21 to 34 form part of these financial statements.
Page 19

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2023 - as
restated
2024
Cash flovts from operating activities
Nel cash used in operating activities
139,0931
76,079
Cash flovts from investing activities
Dividends, interests and rents from investments
238
312
Net cash provlded by Investlng actlvltles
238
312
Change in eash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
138,8551
95,928
16,391
79,537
Cash and cash equlvalents at the end ofthe year
57,073
95,928
The notes on pages 21 to 34 form part of these financial statements
Page 20

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accountlng pollcles
1.1 Basis of preparation of financial statements
The financial slalements have been prepared in accordan￿ with the Charities SORP IFRS 1021
Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard
applicable In the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
The Print Room Theatre meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise slated in the
relevant accounting policy.
The financial statements are prepared in sterling, the fvnclional currency of the Charity, and rounded
to the nearest £.
1.2 Company status
The Charity is a company limited by guarantee. The members of the company are the Trustees
named on page 1. In the event of the Charity being wound up, the liability In respect of the
guarantee is limited to £10 per member of the Charity.
1.3 Going concern
The Charity is reliant upon loans and donations from one Iruslee lo provide it with sufficient funds to
enable il lo continue as a going concern. The Charity has re￿iVed assurances that such funding will
continue lo be available for a period of al least 12 months from the dale of signing the balance sheet.
The Trustees therefore believe it is appropriate lo prepare the accounts on a going con￿rn basis.
1.4 Fund accounting
General funds are unreslricled funds which are available for use al the discretion of the Trustees in
furtheran￿ of the general objectives of the Charity and which have not been designated for other
purposes.
Restricted funds are fvnds which are lo be used in accordance with specific restrictions imposed by
donors or which have been raised by the Charity for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each reslricled
fund Is set out In the notes lo the financial statements.
Investment income, gains and losses are allocated to the appropriate fvnd.
1.5 Income
All income is recognised once the Charity has entillemenl lo the income, il is probable that the
income will be received and the amount of income receivable can be measured reliably.
Ticket sales are recognised in the period in which the associated perf0mlan￿ takes pla￿.
Other income is recognised in the period in which il is receivable and lo the extent the goods have
been provided or on completion of the servi￿.
Page 21

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accountlng pollcles Icontlnuedl
1.6 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic
benefit lo a third party, 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 classified by
activity. The costs of each activity are made up of the total of direct costs and shared costs,
including support costs involved in undertaking each activity. Direct costs attributsble to a single
activity are allocated directly lo that activity.
Support costs are those costs incurred directly in support of expenditure on the objects of the
Charity and include project management carried out at headquarters. Governance costs are those
incurred in connection with administration of the Charity and compliance with constitutional and
ststulory requirements.
Expenditure on charitable activities is incurred on direcuy undertaking the activities which further the
Charity's objectives, as well as any associated support costs.
Costs of generating funds are costs incurred in attracts'ng voluntary income, and those incurred in
trading activities that raise funds.
Charitable activities and G0Veman￿ costs are costs incurred on the Charity's educational
operations, including support costs and costs relating to the governance of the Charity apportioned
to charitable activities.
All reSoUr￿S expended are inclusive of irrecoverable VAT.
1.7 Interest recelvable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the Charity., this is normally upon notification of the interest paid or payable by the
institution with whom the funds are deposited.
1.8 Tanglble flxed assets and depreclatlon
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured al cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred lo bring a tsngible fixed asset into its intended working condition should be
included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives, using the straighl-line method.
Depreciation is provided on the following basis..
Fixtures and fillings
20010 Slraighl Line
1.9 Debtors
Trade and other debtors are recognised al the settlement amount after any trade discount offered.
Prepayments are valued al the amount prepaid net of any trade discounts due.
Page 22

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accountlng pollcles Icontlnuedl
1.10 Pensions
The Charity operates a defi'ned contribution pension scheme and the pension charge represents the
amounts payable by the Charity to the fund in respect of the year.
1.11 Cash at bank and In hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the dale of acquisition or opening of the deposit or similar account.
1.12 Llabllltles and provlslons
Liabilities are recognised when there is an obligation at the Balan￿ Sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay lo settle the debt or the
amount il has received as advanced payments for the goods or setvices it musl provide.
Provisions are measured at the best estimate of the amounts required lo settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
1.13 Flnanclal Instruments
The Charity only 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 al their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
Income from donatlons and legacles
Unreslricled
funds
2024
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
Donations
715,997
118,126
834,123
884,898
Total 2023
834,635
50,263
884,898
Page 23

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Incomlng resources from charltable actlvltles
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Theatrical Activities
241,332
241,332
270,293
Total 2023
270,293
270,293
Investmgnt income
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Bank interest received
550
550
312
Total 2023
312
372
Expendlture on ralslng funds
Costs of ralslng voluntary Income
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Fundraising fees
2,806
2,806
1,863
Total 2023
1,863
1,863
Page 24

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Analysls of expendlture by actlvltles
Acb'vilies
undertaken
direcuy
2024
Total
funds
2023 - as
restated
Support
costs
2024
Total
funds
2024
Theatrical Activities
779,018
255, 128
1,034,146
1, 161, 751
Total 2023
908, 124
253,627
1,161,751
Analysis of dirgct costs
Total
funds
2023 - as
restated
Theatrical
Activities
2024
Total
funds
2024
Wages and salaries
Production costs
Matkeling
Consultancy
Production wages
362,444
233,110
98,925
25,350
59,189
362,444
233,110
98,925
25,350
59,189
380,203
254, 702
177,585
35, 850
119,784
779,018
779,018
908, 724
Total 2023
908, 124
908, 124
Page 25

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Analysls of expendlture by actlvltles Icontlnuedl
Analysls of support costs
Theatrical
Activities
2024
Total
funds
2024
Total
funds
2023
Depreciab'on
Rent
Premises costs
Legal & professional
Other costs
6,749
50,400
84,464
26,807
86,708
6,749
50,400
84,464
26,807
86,708
5,062
50.400
82,385
33,536
82,244
255,128
255,128
253,62T
Tol812023
253,62T
253,627
During the year ended 30 September 2024, the Charity incurred Governance costs of £10,000 12023
£10,000) included within the table above in respect of audit fees in 2024.
The auditors, remuneration amounts lo an auditor fee of £10,000 12023 - £10,000).
staff costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
332,961
21,871
7,612
347, 162
25,297
7, 744
362,444
380,203
The average number of persons employed by the Charity during the year was as follows..
2024
No.
2023
No.
Management
Performance
11
13
Page 26

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Staff costs {contlnued}
The number of employees whose employee benefits (excluding employer pension costs) exceeded
£60,000 was..
2024
No.
2023
No.
In the band £60,001- £70,000
The total employment benefits provided to key management personnel of the Charity was £60,08312023
- £58,094)
Trustees. remuneration and expenses
During the year, no Trustees re￿iVed any remuneration or other benefits (2023- £NIL).
During the year ended 30 September 2024, no Trustee expenses have been incurred (2023 - £NIL).
Page 27

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Tanglble flxed assets
Fixtures and
fittings
Cost or valuation
At 1 October 2023
33,744
At 30 September 2024
33,744
Depreciation
At 1 October 2023
Charge for the year
15,186
6,749
At 30 September 2024
21,935
Net book value
At 30 September2024
11,809
At 30 September2023
78,558
10. Debtors
2024
2023
Due within ong ygar
Trade debtors
1,060
308
Other debtors
43,827
Prepayments and accrued income
13,905
43,827
15,273
Page 28

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
11. Credltors: Amounts falllng due wlthln one year
2023 - as
resl8ted
2024
Trade creditors
Other laxalion and social security
Other creditors
Accruals and deferred income
50,301
18,506
15,102
18,082
54,112
27,205
65,867
10.910
101,991
158,094
Page 29

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
12. Statement of funds
Statement of funds - current year
Balance at 1
October
2023- as
restated
Balance at
30
September
2024
Income Expenditure
Unrestricted funds
General Funds - all funds
148,2731
957,879
1918,8261
19,2201
Restricted funds
Renovation
T.S. Elliot Foundation
19,938
19,938
3,000
870
13,0001
18701
11,0001
18501
13,0001
12,0381
Austrian Cultural Forum
Inslitulo Cervantes
Daniele Derossi
1,000
850
Swiss Cultural - MEK
Kullur LX
Spain, Sociedad Mercanlil Estatsl de Accion
Cultural SA
Taipei Representative Office
Italian Institute
3,000
2,038
464
73,000
1,000
27,685
4,219
1,000
14641
173,0001
11,0001
127,6851
14,2191
11,0001
Arts Council
Goethe Institute
British Korean Society
19,938
118,126
1118,1261
19,938
Total of funds
128,3351
1,076,005
11,036,952)
10,718
Page 30

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
12. Statement of funds (contlnuedl
Statement of funds - prlor year
Balan￿ at
30
September
2023 - as
restated
Balance al
l October As restated As restated
2022
Income Expendilurg
Unrestricted funds
General Funds - all funds
{40,474J
1, 105,240 (1, 113,039)
(48,273)
Restricted funds
Renovation
T.S. Elliot Foundation
Norweigan Embassy
Dutch Embassy
Swedish Embassy
Italian Institute
19,938
312
79,938
3,000
5,856
3.868
(3,312J
(5,856)
(3,868)
(482)
{800J
(31,318)
(750)
(4, 189J
482
800
Korean Arts
31,318
750
Piano Fund
Sasakawa
4,789
20,250
50,263
(50,575)
19,938
Total of funds
(20,224)
1, 155.503 (1, 763,614)
(28.335)
Page 31

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
12. Statement of funds (contlnuedl
The restricted funds this year related to..
T.S. Elliot Foundation grant towards readers fees in relation to poetry events al the Theatre.
Austrian Cultural Forum -
Inslituto Cervantes-
Daniele Derossi -
Swiss Cultural MEK-
Kultur LX-
Spain, Sociedad Mercantil Eslatsl de Accion Cultural SA-
Taipei Representative Offi.￿ -
ltslian Institute- Contribution lo the running costs of the Italian Literary Festival.
Arts Council -
Goethe Insilute-
British Korean Society-
The restricted funds in the prior year related lo..
T.S. Elliot Foundation grant towards readers fees in relation to poetry events al the Theatre.
Norwegian Embassy- Contribution to the running costs of our Norwegian Programme.
Dutch Embassy- Contribution lo the running costs of Duda Paiva.
Swedish Embassy- Contribution lo the running costs of Dance of Death.
ltslian Institute- Contribution lo the running costs of the Italian Literary Festival.
Korean Arts- Contribution lo the international costs of the Korean Festival 2024.
Piano Fund - Contribution lo the hire of a Steinway piano.
Sasakawa - Contribution to the running costs of Kentaro.
13. Analysls of net assets between funds
Analysls of net assets between funds - current perlod
Unrestricted
funds
2024
Reslricled
funds
2024
Total
funds
2024
Tangible fixed assets
Current assets
11,809
80,962
1101,9911
11,809
100,900
1101,9911
19,938
Creditors due within one year
Totsl
19,2201
19,938
10,718
Page 32

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
14. Reconclllatlon of net movement In funds to net cash flow from operatlng actlvltles
2023 - as
resl8ted
2024
Nel incomelexpenditure for the period las per Statement of Financi81
Ackn'vitiesl
39,053
(8,111)
Adjustments for:
Depreciation charges
Dividends, interests and rents from investments
Increase In debtors
Decrease in creditors
6,749
12381
128,5541
156,1031
5,062
(312)
(15)
79,455
Net cash provlded byllused Inl operatlng actlvltles
139,0931
16,079
15.
Anatysis of cash and Cash equivalents
2024
2023
Cash in hand
57,073
95,928
Total cash and cash equlvalents
57,073
95,928
16.
Analysis of changes in net debt
A130
Interest September
Re￿1vable
2024
At 1 October
2023 Cash flows
Cash at bank and in hand
95,928
139,4051
550
57,073
95,928
139,4051
550
57,073
Page 33

THE PRINT ROOM THEATRE
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
17.
Penslon commltments
The Charity operates a defined contributions pension scheme. The assets of the scheme are held
separately from those of the Charity in an independently administered fund. The pension cost charge
represents contributions payable by the Charity lo the fund and amounted to £7,612 12023 £7,386>.
Contributions totalling £1,63912023 £3,195) were payable to the fund at the balance sheet date and are
included in creditors.
18. Related party transactlons
During the year, the Charity received donations tolalling £600,00012023.' £780,000) from trustees.
At the balance sheet date, an amount tolalling £3,75012023'. £3,750 was owed by the Charity) was owed
by the Charity to Coronet Ondine LLP, a partnership of trustees A and W T Winters, and is included
within other creditors due within one year.
The Charity occupies premises at The Coronet in Notting Hill. The propety is owned by Coronet Ondine
LLP, a Limited Liability Partnership of which A and W T Winters, trustees of the Charity, are the
members. Coronet Ondine LLP charged the charity an amount of £134,28212023.' £131,560) in the year
for rent and service charge.
19. Prlor year adjustment
The Charity has restated its comparative figures to bring back a trustee loan that was paid off in the
current year bul was written off in the previous year. The impact of this adjustment is that unrestricted
expenditure in the prior year has increased by £50,000 and therefore unreslricled reserves carried forward
in the prior year have decreased by £50,000.
Page 34