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|Contents||||||||
|---|---|---|---|---|---|---|---|
||||||||Page|
|Charity Reference and||Administrative|Details|||||
|Trustees'<br>Annual<br>Report||||||||
|Independent|Auditor's|Report|||||8|
|Consolidated|Statement ofFinancial||Activities|(Including|Income and Expenditure|Account}|12|
|Consolidated|Balance|Sheet|||||13|
|Charity Balance Sheet||||||||
|Consolidated|Statement ofCash Flows||||||15|
|Notes to the|Financial|Statements|||||16|





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|Year Ended 31July|202|2||||||
|---|---|---|---|---|---|---|---|
||||||2022||2021|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total|Total|
||||Nots|f.||||
|Income and endowments||from:||||||
|Donations<br>and legacies|||2|20,163||20,163|17,931|
|Charitable<br>activities|||3|2,239,579|19,633|2,259,212|433,345|
|Other trading<br>activities|||4|242,860||242,860|11,914|
|Investments|||5|1,202||1,202|251|
|Total Income and endowments||||2,503,804|19,633|2,523,437|463,441|
|Expenditure<br>on:||||||||
|Raising funds||||155,455||155,455|36,094|
|Charitable<br>activities|||6|2,079,840|170,109|2,249,949|1,075,719|
|Total expenditure||||2,235,295|170,109|2,405,404|1,111,813|
|Net income l(expenditure)||||268,509|(150,476)|118,033|(648,372)|
|Transfers<br>between funds||||||||
|Transfer to designated|funds||21|||||
|Other recognised gains:||||||||
|Theatre Tax Relief||||74,221||74,221|17,134|
|Coronavirus job retention||scheme|||5,248|5,248|204,943|
|ACE emergency<br>response||grants|||135,024|135,024|417,846|
|Net movement<br>in funds|||21|342,730|(10,204)|332,526|(8,449)|
|Reconciliation<br>offunds:||||||||
|Total funds brought forward:||||||||
|General funds|||21|365,632||365,632|345,281|
|Designated<br>funds||||451,919||451,919|490,444|
|Restricted funds|||21|-|22,058|22,058|12,333|
|||||817,551|22,058|839,609|848,058|
|Total funds carried forward:||||||||
|General funds||||518,288||518,288|365,632|
|Designated<br>funds||||641,993||641,993|451,919|
|Restricted<br>funds|||21||11,854|11,854|22,058|
|||||1,160,281|11,854|1,172,135|839,609|





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## 

||||2022|2021|
|---|---|---|---|---|
|||Hole|||
|Fixed assets|||||
|Tangible assets||13|60,425|78,608|
||||60,425|78,608|
|Current assets|||||
|Stocks||15|11,514|7,129|
|Debtors||16|201,254|210,736|
|Cash at bank and in|hand||1,709,340|1,129,673|
||||1,922,108|1,347,538|
|Creditors: amounts|falling due within one year|17|(810,398)|{567,537)|
|Net current assets|||1,111,710|780,001|
|Total assets less current liabilities|||1,172,135|858,609|
|Provisions for liabilities||19||(19,000)|
|Net assets||22|1,172,135|839,609|
|Charity Funds|||||
|Restricted funds||21|11,854|22,058|
|Unrestricted<br>funds:|||||
|General funds||21|518,288|365,632|
|Designated<br>funds|||641,993|451,919|
|Total charity funds||21|1 172135|839,609|





## 

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|Charity Balance Sheet|Charity Balance Sheet|Charity Balance Sheet|Charity Balance Sheet||||
|---|---|---|---|---|---|---|
|Year Ended 31July 2022|||||2022|2021|
|||||Note|||
|Fixed assets|||||||
|Tangible assets<br>Investments||||13<br>14|60,425<br>2|78,065<br>2|
||||||60,427|78,067|
|Current assets|||||||
|Debtors||||16|380,113|358,429|
|Cash at bank and|in|hand|||1,505,513|991,749|
||||||1,885,626|1,350,178|
|Creditors: amounts||falling|due within one year|17|(778,600)|(551,674)|
|Net current assets|||||1,107,026|798,504|
|Total assets tees|current||liabilities||1,167,453|876,571|
|Provisions for liabilities||||||(19,000)|
|Net assets|||||1,167,453|857,571|
|Charity Funds<br>Restricted funds||||21|11,854|22,058|
|Unrestricted<br>funds:|||||||
|General funds|||||513,606|383,594|
|Designated<br>funds||||21|641,993|451,919|
|Total charity funds|||||1,167,453|857,571|





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|||||2022|2021|
|---|---|---|---|---|---|
||||Note|F||
|Cash flow from operating|activities||23|594,773|88,080|
|Net cash flow from operating<br>activities||||594,773|SS,080|
|Cash flow from investing|activities|||||
|Payments<br>to acquire tangible||fixed assets||(16,308)|(36,601)|
|Interest received||||1,202|251|
|Net cash flow from investing||activities||(15,106)|(36,350)|
|Net Increase in cash and cash equivalents||||579,667|51,730|
|Cash and cash equivalents||brought forward||1,129,673|1,077,943|
|Cash and cash equivalents||at carried forward||1,709,340|1,129,673|
|Cash and cash equivalents||consists of:||||
|Cash at bank and<br>in hand||||1,709,340|1,129,673|
|Cash and cash equivalents||at 31July 2022||1,709,340|1,129,673|





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|fassets and liabilities<br>within the next financi<br>ncome from donations<br>and legacies|<br><br><br>al year.||
|---|---|---|
||2022|2021|
||F|F|
|Donations|20,163|17,931|
||20,163|17,931|





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## 

|<br>Income from c|<br>h|<br>ari|tab|le|activities||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||F||
|Productions|||||||1,589,999|71,561|
|Technical,<br>marketing||||&|booking fees||280,866|18,424|
|Theatreiroom|hire||||||61,856|3,250|
|Retail commission|||8|vouchers|||12,508|18|
|Grants|||||||22,133|78,496|
|Lichfield District Council|||||service agreement|||166,668|
|Lichfield<br>District Council|||||strategic partnership|agreement|236,667|83,332|
|Memberships|||||||3,057|2,314|
|Other|||||||52,126|9,282|
||||||||2,259,212|433,345|
|Grants received,||included|||in the above, are as|follows:|||
||||||||2022|2021|
|Lichfield District||Council|||Covid-19 Support||6,000|72,750|
|Other grants|||||||16,133|5,746|
||||||||22,133|78,496|



## 

|||2022|2021|
|---|---|---|---|
|||F|F|
|Sponsorships||12,807|4,179|
|Green Room trading|income|230,053|7,735|
|||242,860|11,914|



## 




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|Analysis ofexpenditur|e<br>on charitable<br>activities|||
|---|---|---|---|
|2022|Activities|Support costs|Total|
||undertaken|||
||directly|||
|||F||
|Theatre|2,120,692|129,257|2,249,949|
||2,120,692|129,257|2,249,949|



|ttributable<br>to unrestric|ted<br>funds.||,|
|---|---|---|---|
|2021|Activities|Support costs|Total|
||undertaken|||
||directly|||
||F|||
|Theatre|946,724|128,995|1,075,719|
||946,724|128,995|1,075,719|



## 

## 

|Support co|st - 2022|||||
|---|---|---|---|---|---|
|||Basis of|Raising|Theatre|Total|
|||allocation|funds|||
|Governance|(note 8)|Apportioned|3,460|20,781|24,241|
|Finance||Apportioned|10,367|4,771|15,138|
|Information|technology|Apportioned||9,803|9,803|
|Depreciation||Apportioned|545|33,948|34,492|
|Health<br>and|safety|Apportioned||6,290|6,290|
|Pension contributions||Apportioned|210|11,996|12,206|
|Utilities||Apportioned|5,565|41,669|47,234|
|Total|||20,146|129,257|149,403|





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|Support co|st - 2021|||||
|---|---|---|---|---|---|
|||Basis of|Raising|Theatre|Total|
|||allocation|funds|||
|Governance|(note 8)|Apportioned|3,500|28,5?0|32,070|
|Finance||Apportioned|2,087|1,611|3,698|
|Information|technology|Apportioned|1,320|8,729|10,049|
|Depreciation||Apportioned|696|73,804|74,500|
|Health and safety<br>Pension contributions||Apportioned<br>Apportioned|1,505|6,290<br>9,991|6,290<br>11,496|
|Utilities||Apportioned|3,409||3,409|
|Total|||12,517|128,995|141,512|



## 

|||||2022|2021|
|---|---|---|---|---|---|
|Auditor's|remuneration||10|15,606|16,425|
|Legal and|professional|fees||8,635|15,645|
|||||24,241|32,070|
|Net income for the year||||||
|Net income|is stated after charging:|||||
|||||2022|2021|
|Depreciation<br>oftangible||fixed assets||34,492|74,500|
|Hire of plant and equipment||||15,800|707|





## 

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## 

||||||2022|2021|
|---|---|---|---|---|---|---|
|||||||F|
|Fees payable|to the|charity's|auditor for the audit ofthe charity's|annual|7,950|7,950|
|accounts|||||||
|Fees payable|to the|charity's|auditor for other services:||||
|Audit ofthe charity's||subsidiaries|||3,460|3,400|
|Examination|ofgrant|claims|||750|1,500|
|Taxation advisory|||||531|700|
|Accountancy|||||2,915|2,875|
||||||7,656|8,475|
|Total auditor's|remuneration||||15,606|16,425|



## 



## 

## 

## 

|he averag|e<br>monthly<br>number ofempl|oyees<br>during the year was a|s follows:|
|---|---|---|---|
|||2022|2021|
|||Number|Number|
|Raising funds||16|11|
|Charitable|activities|61|61|
|||77|72|



|||2022|2021|
|---|---|---|---|
|Wages and salaries||715,278|546,296|
|Coronavirus<br>job retention<br>Social security|scheme income|(5,248)<br>48,779|(204,943)<br>39,872|
|Pension costs (note 24)||12,206|11,496|
|||771,015|392,721|





## 

## 

||Land and|Equipment|Fixtures|SoAware||
|---|---|---|---|---|---|
||buildings||and fittings||Total|
||F||||F|
|Cost or valuation:||||||
|At 1 August 2021|49,124|240,575|85,428|11,510|386,637|
|Additions|4,130|6,550|5,628||16,308|
|At 31 July 2022|53,254|247,125|91,056|11,510|402,945|
|Depreciation:||||||
|At 1 August 2021|17,341|207,610|71,568|11,510|308,029|
|Charge for the year|4,844|19,757|9,890||34,491|
|At 31 July 2022|22,185|227,367|81,458|11,510|342,520|
|Net book value:||||||
|At 31 July 2022|31,069|19,758|9,598||60,425|
|At 31 July 2021|31,783|32,965|13,860||78,608|



|he n|et book va|lue of land and buildings<br>comprised:|||
|---|---|---|---|---|
||||2022|2021|
||||E||
|Land|||26,000|26,000|
|Long|leasehold|improvements|5,069|5,783|





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||||Land and|Equipment|Fixtures|Software||
|---|---|---|---|---|---|---|---|
||||buildings||and fittings||Total|
||||||||F|
|Cost or valuation:||||||||
|At 1 August 2021|||49,124|240,575|75,691|6,950|372,340|
|Additions<br>At 31 July 2022|||4,130<br>53,294|6,550<br>247,125|5,627<br>81,318|6,950|16,307<br>388,647|
|Depreciation:||||||||
|At 1 August 2021|||17,341|207,610|62,374|6,950|294,275|
|Charge for the year<br>At 31 July 2022|||4,844<br>22,185|19,757<br>227,367|9,346<br>71,720|6,950|33,948<br>328,222|
|Net book value:||||||||
|At 31 July 2022|||31,069|19,?58|9,598||60,425|
|At 31 July 2021|||31,783|32,965|13,317||78,065|
|he net book value of land||and buildings|comprised:|||||
|||||||2022|2021|
|||||||F||
|Land<br>Long leasehold|improvements|||||26,000<br>5,069|26,000<br>5,783|
|ixed Asset Investments||- Company||||||
||||||||Shares<br>in|
||||||||gr'oup|
|||||||undertakings||
||||||||F|



## 



## 

## 

|Ended <br>tocks|31July 2022<br> - Group|||
|---|---|---|---|
|||2022|2021|
||||F|
|Green|Room|11,514|7,129|
|||11,514|7,129|



## 

|Green Room s<br>Debtors|tock held is for raising fu|nds. The Theatre|does not hold s|tock.||
|---|---|---|---|---|---|
|||2022|2022|2021|2021|
|||Group|Charity|Group|Charity|
|||F||||
|Trade debtors||823|709|44,572|44,195|
|Prepayments|and accrued income|181,486|88,562|138,969|62,967|
|Other debtors||18,945|18,945|27,195|27,105|
|Amounts<br>owed by subsidiaries|||271,897||224,162|
|||201,254|380,113|210,736|358,429|



## 

|||2022|2022|2021|2021|
|---|---|---|---|---|---|
|||Group|Charity|Group|Charity|
|Trade creditors||103,540|94,069|27,537|23,169|
|Accruals and deferred|income|617,154|602,662|454,619|443,185|
|Other creditors||50,540|50,333|72,903|72,842|
|Social security 8 other|taxes|39,164|31,536|12,478|12,478|
|||810,398|778,600|567,537|551,674|



## 

||2022|2021|
|---|---|---|
||F||
|Not later than one year|5,610|2,155|
|Later than one and not later than five years|15,716|3,232|
||21,326|5,387|





## 

## 

|||Other|Total|
|---|---|---|---|
|At 1 August 2021||19,000|19,000|
|Released|during the year|(19,000)|(19,000)|
|At 31 July|2022|||



## 

|||||Total|
|---|---|---|---|---|
|||||E|
|At 1 August 2021||||374,539|
|Amount|released|to the SOFA during|the year|(374,539)|
|Amount|deferred|in the year||499,55?|
|At 31 July 2022||||499,557|





## 

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## 

|||Balance||||Other|Balance at|
|---|---|---|---|---|---|---|---|
|||at|Income|Expenditure|Transfers|gains I|31 July|
|||1 August||||(losses)|2022|
|||2021||||||
|||F||F|F|F||
|General fund||365,632|2,503,804|(2,150,247)|(275,122)|74,221|518,288|
|Designated||||||||
|funds:||||||||
|Theatrical||152,933||(6,550)|150,000||296,383|
|equipment|fund|||||||
|Business||50,000|||(20,000)||30,000|
|development||||||||
|fund||||||||
|Production||25,000|||25,000||50,000|
|development||||||||
|fund||||||||
|Touring||25,000|||(25,000)|||
|development||||||||
|fund||||||||
|Legal costs|fund|39,000|||||39,000|
|Repairs 8||42,500||(4,130)|20,000||58,370|
|maintenance||||||||
|fund||||||||
|Education 8||40,420||(40,420)|53,815||53,815|
|community|fund|||||||
|Economic value||52,066||(33,948)|16,307||34,426|
|ofcapital assets||||||||
|designated|to|||||||
|future periods||||||||
|Green Room||25,000|||||25,000|
|refurbishment||||||||
|fund||||||||
|Capital|||||55,000||55,000|
|improvements||||||||
|fund||||||||
|||817,551|2,503,804|(2,235,295)||74,221|1,160,281|





## 

## 

||||Balance at||||Other||Balance at|
|---|---|---|---|---|---|---|---|---|---|
||||1 August|Income|Expenditure|Transfers|gains|/|31 July|
||||2020||||(losses)||2021|
||||F|F|F|F||||
|General|fund||345,281|417,195|(311,956)|(102,022)|17,134||365,632|
|Designated||funds:||||||||
|Theatrical|||152,933||||||152,933|
|equipment||fund||||||||
|Business|||50,000||||||50,000|
|development||||||||||
|fund||||||||||
|Production|||25,000||||||25,000|
|development||||||||||
|fund||||||||||
|Touring|||25,000||||||25,000|
|development||||||||||
|fund||||||||||
|Legal costs|||39,000||||||39,000|
|fund||||||||||
|Repairs 8|||42,500||||||42,500|
|maintenance||||||||||
|fund||||||||||
|Rebrand|fund||10,850||(10,850)|||||
|Education|8||37,893||(37,893)|40,420|||40,420|
|community||fund||||||||
|Covid-19|||18,000||(18,000)|||||
|reopening|fund|||||||||
|Economic|value||89,268||(73,804)|36,602|||52,066|
|ofcapital|assets|||||||||
|designated||to||||||||
|future periods||||||||||
|Green Room||||||25,000|||25,000|
|refurbishment||||||||||
|fund||||||||||
||||835,725|417,195|452,503||17,134||817,551|





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## 

|cted funds - 2022|||||||||
|---|---|---|---|---|---|---|---|---|
||Balance at||||Other||Balance|at|
||1 August<br>2021|Income|Expenditure|Transfers|gains<br>/<br>(losses)||31 July<br>2022||
||E||F||F||||
|Rathbone<br>Trust /|4,280||(2,995)||||1,285||
|McLay|||||||||
|Garrick Charitable|2,500||(2,500)||||||
|Trust|||||||||
|Saintbury<br>Trust|3,000||(3,000)||||||
|Garrick Cares At|709||(709)||||||
|Christmas|||||||||
|Caption||||||||69|
|Campaign|||||||||
|Coronavirus<br>Job|||(5,248)||5,248||||
|Retention|||||||||
|Scheme|||||||||
|Swinfen<br>Broun|2,500||||||2,500||
|Charitable<br>Trust—|||||||||
|Lift|||||||||
|Groundworks-<br>Tesco —Comm|1,000||(1,000)||||||
|Musical|||||||||
|Mary Slater —Lift|4,000||||||4,000||
|Edward Cadbury -|4,000||||||4,000||
|Lift|||||||||
|Arts Council|||(135,024)||135,024||||
|Holiday<br>Activities||2,274|(2,274)||||||
|Fund|||||||||
|Sir Barry Jackson||2,435|(2,435)||||||
|Trust - EY|||||||||
|The Strasser||250|(250)||||||
|Foundation<br>- EY|||||||||





## 

## 

|Kickstart||7,353|(7,353)|||
|---|---|---|---|---|---|
|Lichfield District||6,000|(6,000)|||
|Council (Omicron)||||||
|HMRC —SSP re||321|(321)|||
|COVID||||||
|SCC —Young||1,000|(1,000)|||
|Rep||||||
||22,058|19,633|(170,109)|140272|11,854|



## 

||||Balance at||||Other||Balance|at|
|---|---|---|---|---|---|---|---|---|---|---|
||||1 August|Income|Expenditure|Transfers|gains|/|31 July||
||||2020||||(losses}||2021||
|Youth Board|||368||(368}||||||
|Rathbone||Trust /|4,280||||||4,280||
|McLay|||||||||||
|Arts Council||||417,846|(417,846)||||||
|Garrick Charitable|||2,500||||||2,500||
|Trust|||||||||||
|Saintbury|Trust||3,000||||||3,000||
|Garrick Cares At|||709||||||709||
|Christmas|||||||||||
|Caption|||69|||||||69|
|Campaign|||||||||||
|Platform|Lift||1,407||(1,407)||||||
|Campaign|||||||||||
|Theatres|Trust|||4,746|(4,746)||||||
|Coronavirus||Job||204,943|(204,943)||||||
|Retention|||||||||||
|Scheme|||||||||||





## 

## 

|Note|s to the Financial St|atement|s|||
|---|---|---|---|---|---|
|Year|Ended 31 July 2022|||||
||Swinfen<br>Broun||2,500||2,500|
||Charitable<br>Trust-|||||
||Lift|||||
||Lichfield District||30,000|(30,000)||
||Council|||||
||Groundworks-||1,000||1,000|
||Tesco —Comm|||||
||Musical|||||
||Mary Slater —Lift||4,000||4,000|
||Edward Cadbury-||4,000||4,000|
||Lift|||||
|||12,333|669,305|(659,580)|22,058|



## 

## 



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## 

## 

|nalysis|of net as|sets betw|een funds||||
|---|---|---|---|---|---|---|
||||Unrestricted|Designated|Restricted||
||||funds|funds|funds|Total|
||||||F|E|
|Fixed assets|||26,000|34,425||60,425|
|Cash at|bank and|in hand|1,089,918|607,568|11,854|1,709,340|
|Current|assets||212,768|||212,768|
|Current|liabilities||(810,398)|||(810,398)|
|Total|||518,288|641,993|11,854|1,172,135|



## 

||||||2022|2021|
|---|---|---|---|---|---|---|
|Net income /(expenditure)|for year before transfers||between|funds|332,526|(8,449)|
|Interest receivable|||||(1,202)|(251)|
|Depreciation<br>and impairment|oftangible|fixed assets|||34,492|74,500|
|Provisions<br>less payments||||||(8,103)|
|(Increase)<br>/ decrease<br>in stock|||||(4,386)|(3,128)|
|(Increase)<br>/ decrease<br>in debtors|||||9,482|25,209|
|Increase<br>/ (decrease)<br>in creditors|||||223,861|8,302|
|Net cash flow from operating|activities||||594,773|88,080|





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