The Old Vic Endowment Trust
Report of the Trustees and Unaudited Flnanclal Statements
For the year ended 30 November 2023
Registered Charlty No. 1147946
Company No. 07851822

The Old Vic Endowment Trust
Re81st•r•d Chthty No. J147946
CompgThy P4u.07851812
ptjohn
G Kin8
l M Murphy
I P M Norbury
A Plesttette- Murphy
CVTerry
S•¢r•t•ry
L H•ath
RI￿￿•r1d Addr
The Old Vl
103 The Cul
London
SEI 8N
Indip•nd•rt 8%￿1n•
Moore Kln8Ston Smllh LLP
9 Appold street
London
ECZA IAP
•nk•ri
C Hoare & Co
37 Fleet Streei
Londan
EC4P 40G
Ikw•sim•nt •dvl*
5•rasln & ParttsEfs LLP
luxion House
100 Sl Pa¥l's Chvr<hy4rd
Londth)
EC4M BBU

The Old Vic Endowment Trust
Contents of tho FIna￿l•l St•t•m•ntsfor thg y•ar End•d 30 No¥qmbw 2023
P*8•
Trustee5' report
Independent Examlnels Report
Statement of Flnanclal Actlvltles
Balance Sheet
Notes to the Flnanclal Statements
7-11

The Old Vic Endowment Trust
TRUSTEES, REPORT
For the year ended 30 November 2023
The Trustees present their annual report and financial statements for the year énded 30 NovÈmbÈr 2023, which are
a150 prepared to rreet the requirements for a director's report and financial statements for Companie5 Act purposes.
The financial statements comply with the Charities Act 2011. the Companies Act 2006. the Memorandum and Articles of
Associatlon and A¢countin8 and Reporting by Charities Statement of Recommended Practlce applicable to charities
preparing their financial statemènts in 8ccordancè with thè Financial Reporting Standard applicable in the UK and
Ireland IFRS1021 (Effectlve l January 20161.
Oblectives and Actlvltle5
The charity's object5 and the principal activity of the company Is to support such ¢h3rltable oblectlve5 of The Old Vic
Theatre Trust 2000 (registered charity number 10725901 I'OVTT") as the Tru5tee5 Irom time ID tI￿e think fit, in
particular by..
111 The promotion, maintenance, Improvement and advancement of education by the encouragement ol the arts,
includin8 the arts of drama, mime, dance, muslc, ballet. opera. puppetry, painting and sculpture, photography, clnema,
literature and poetry and to lormulate, Prepare and establish schemes therefore. and by..
121 The advancement of En8llsh herita8e lor the public benefit, by the encouragement and stimulation ol the publlc's
understanding and appreciation ol the arrhitectural and cultural heritage of Ov￿.
It 15 the policy of the charity to make grants in support of ovrr. All grants wlll be assessed and approved by the board of
Trustee5.
The Tru5tee5 have paid due regard to guidance issued by the Charity Commission in deciding what actlvltie5 the chiirlty
should undertake.
Achlevements and performance
During the year the charlty contlnLbed to make further Invèstment to 8enerate returns and enable Brants tD be paid In
furtherance of it5 objects to The Old Vic Theatre Trust 20001'The Qld Vic'l. In 2024 the trustees also reviewed and
updaied the investment policy of the Charlty in conlunctlon wlth the fund managers. The Old Vlc Is the sole beneflc5ary
of the Trust.
In the year under revlew £136,00012022.. £130,0001 of opèrational grant5 were made out of income made ¢Jp ol
f 100,000 towards This Historic Building for The Annex. £20.000 toward5 Coirnrnunity & Education, E16,000 towards the
produttlon of the family Show Mo812022.' EIOO,000 towards Thls Hlstorlc eullding for The Annex,. £11,000 towards
Community & Education,. and £19,IJOO towards production for the show Camp Siegfried).
The Trustees have Committed to an additional Brant of £500,000 to support the Backstage Building project of The Old
Vic, which will bE paid in 5prin8 202412022.. a £l,OQD,000 ¥r3nt Ifunded by a one-off Sale of investments) was rnade
toward5 Stren8thening OVTh's reserves in the cuntext Df recovering frorn the impact ol the pandemic with the 5pecili
aim of 5upportin8 OVTT'5 lon8-term resilience and art5 activity pursuant to thE charitV'5 charitable object5.1
Flnanclal revlew
The flnal net expenditure lor the year was £529,23412022.. £1,423.7661 whlch Included a decrease in the rnarket valuE
of the mana8ed fund of £51,13812022.' £445.228 decreasel- see note 9.
Total incorne arnounted tg £163.54312022.. £153.6091- see nute5 2 for more detail.
Total expenditure was £641,639 made urj of £636,OCKI of grants to owfT and £5.638 of admlnlstration costs Including
Investment, legal and independent examiner lees.
Reser¥es policy
It is the policy of the ¢harity that free reserves (comprising unre5trlcted net as5ets1 should be malntained at a level to
give the charily financial flexibility and a buffer against operational risks. A5 a managed fund however these operational
risk5 are minimal but the fund is structured so that there is always a cash portion held in reserve. rhe level of net
current assets excludin6 both cash held within the tnanaged fund and not including the £500,000 grant a5 at 30
NovEmber 2023 was £64,57412022'. £89,8761.
Page 1

The Old Vic Endowment Trust
TRUSTEES. REPORT
For ihe year ended 30 November 2023
Investment pollcy and oble¢tiv¢s
Under the Memorandum and Articles of A5501iation, the charity ha5 the power to make any Investment which the
Trustees see fit.
Invostment perlorman
The rharity's investment portfolio is mana8ed by Sarasin and Partners ILP. Durln8 the year thi5 managed fund
generated net income of £158,338 12022,, £158,494) including interest and investment income. At the year end, the
market value of the mana8ed fund was £5,415,34412022: £5,465,279). See note 10 for the movement5 in the year.
Ill%k mana8em•nt
The Trustees have a risk management strategy which compr15e5'.
An annual review of the risks the charity may face.,
The establishment of sy5tem5 and procedures tD mltigate those rlsks identified in the plan., and
The implementatlon of proredures designed to minimise any potential impact on the charity should those risks
materlalise.
Key rlsk5 faced by the charlty include..
Inve51ment risk, which is mltlgated by placing funds with a professlonal investment manaser, an agreed investment
policy and regular reporting and review.
Enguring 5ufficicnt cash to pay approved grants, which Is mltigated through annual grant approvals being limlted to
Income genèrated by the portfolio and transferred to the charlty's bank account. In exceptional circumstance5,
investrnent5 may be sold tD 8enerate additional cash to pay out one-off larger grants in the year.
Future plan5
The rharitV'5 focu5 in future years is to continue to generate funds and provide grants towards The Old Vic's capital
campalgn to bulld The Annex, while Still continuing to support Specific productions and Educatlon & Communitv
projects run by OV￿.
A5 noted above. funds may be made available to OVTh in order to support the Theatre in order to Sustain it financially,
provided th3t terms can be asreed which are acceptable to the Trustees.
Structure* governance Jnd management
The Old Vic Endowment Trust is a company limited by guarantee and 15 a registered charity, governed by It5
Memorandum and Articles of Asso¢iat¢on.
Trustees
The Trustee5 who served durin8 the year and up to the date of signature of the fSnanclal statement5 were..
G Klng
J M Murphv
J P M Norburv
A Ple5hette-Murphv
C V Terry
Pclohn
Secrelary
C E Barber Ire518ned 12 October 20231
L Heath (appointed 12 October 20231
Page 2

The Old Vic Endowment Trust
TRUSTEES. REPORT
For th• y••rended 30 Nov•mbgr 2023
Appo5ntrnent ofThistee5
The board of Trustees ha5 the powerto appoini add￿lOnal trustees as it conslders fit.
Oryanlsatlon•l strnrtur•
The charfty Is 8overntd by a board of Trusiees of up to 6 members. The Trustees Meet reaularly to manage its affalr5. The day-
to.day operatlons of the charlty are mana8ed by a mana8ement team appolnted by the tru5tee5 and reportin8 to the board.
New Trustees under80 an orient?tlon perfod to brlef them on thelr le8al obli8ations under tha￿ty and company Iw, the
content of the Memorandum and Artlcles of A55oclatlon, the commlttee and dedslon maklng PrO￿Se5, the buslne55 plan and
recent flnanclal perf0rrnan￿ of the charfty. DurlTh8 the Indurtlon perlod they mett kèy employees and other iruste•s. Trustees
are encoura8ed to attend aPPToprlate external events where these wlll facllltste the undertaklna of their role.
The bo•rd re8ularJy looks at the 5k1115, e¥perlen¢e and dlverslty of Its members to flnd Imbalances and 8OPSi Inftsmlnl Trustee
recrultment and tralnlng. The board rec¢8nlses the value of a dlverse board and wh¢n dècldlni how to recnjlt Trnstees, the
board think3 ab￿Jt how to attrnct a dlver5e pool of candldates.
R•l•tlonihlp wSih f•lai•d p•rthi
Th• charfty has a close relatlonshlp wlth ovfT. There are no other related partle5 Other than th• Tru5tee5.
Stsl•menQ ol Trustms, f•4￿n￿bIlIt
The Trustees, who are a150 the dlrectors of The Old Wic Endowment Trust for the purpose of company law, are responsible for
prop•rln8 the Trustées, Rèport and the flnanclal stattrnerfs In accordancé wlth applltable law and Unlted Kln6dom Accountlni
Standard5 Iunlted Klngdvrn Generally kcepted Accountyn¥ Practlcel,
Compiny law regulre5 the Tru5tet5 to prepare flnancl415tatement5 lor eath fininclal year whlch 8lve a tru• and l•lr vlew of
the state ol affalrs of the charlty and of th8 5ncomln8 resources and applkatlon of resources. Includln8 the Income Bnd
•xp*ndltur•, of th• chirfi•bl• company for that y•ar.
In pr•parlng th•se flnanclal statements, the Trustees are requlred to,.
select sultable accountSn8 pollcle5 and then apply thern Conslstentlyi
observe the methods and prlnclples In the Charltles SOAP,.
- make ludgeménts and estlmates that are reasonable and wudeni,.
stlte whether #ppllcable UK Attountin8 Standards have been followed. subhect to any materlal departuros dlsclosed and
pl8lned In the finandal statements., •nd
prepare the flnanclal statements on the 8oln8 concern b•515 unle55 It Is In4ppToprlate to presume t￿t the thjrlty wlll
contlnue In operatlon.
The TTUStee5 are re5pon51ble for keepln8 adequate a(￿u￿tIn¥ records that dlxlose w)th feasonjble atturacy at any tlme the
flnan¢lal posltlon of the charlty and enable them to ensure thbt the flnanclal statement5 comply wlth the Cornp3nle5 Act 2006.
They are also responslble for safeRuardln8 the assets of the c￿rIty and hence for takiw reasonable steps for the preventlon
and detectloD of fraud and other Irresularltles.
On beh¥lf of the Board of Tru5tee5
P M 14orbury
Dlrector and Trustee
151Dg/zoZg
Page 3

The Old Vic Endowment Trust
Independent Examlner's Report to the Trustees of The Old Vic Endowment Trust
for the year ended 30 November 2023
I report to the charityTrustee5 on my examination uf the accounts of the Company for the year ended 30 November
2023.
Responsibilitie5 and ba515 of report
As the charity's Trustees of the Company land a150 its directOTS for the purposes of company lawl you are responsible
for the preparation of the a¢counts In accordance wlth the requirements of the Companies Act 20061'the 2006 Act'l.
Having satisfied myself that the arcounts of the Company are not required to be audited under Part 16 of the 2006 Ad
and ore ?Ilglble for independent ex8mlnatlon, I report In respert of my examinatlon of VOUT charity's account5 a5 carrled
out under Section 145 of the Charitie5 Act 20111'the 2011 Act'l. In carryin8 Qut my examination I have followed the
Directions given by the Charity Commission under section 145151 Ibl of the 2011 Act.
Independent ExamIne￿$ Statement
I have completed my examination. I conflrm that no matters have Come to my attentlon In connectlon with the
examination 6ivin8 me cause to believe..
11 accounting records were not kept In respect of the Company as required by section 386 of the 2006 Ad.. or
21 the accounts do not a¢¢ord with those record5', or
31 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than anv
41 the accounts have not been prepared Sn accordance wlth the methods and prlncSples of the Statement of
Recornmended Practice for accounting and reporting by char5ties.
I have Tho concerns and have come acros5 no other matter5 In connectlon wlth the examlnatlon to whlch attentlon
5hDuld be drawn in thi5 report in order to enable a proper understanding of the accounts to be reached.
james Cross IFC& DChAI
For and on behalf of fthre KlnÉston 5mlth LLP
Chartered Accountants
9 Appold street
Londc*n
EC2A 2AP
Date.. 28 August 2024
Page 4

The Old Vic Endowment Trust
STATEMETrll OF FINANCIAL ACTIVITIES
{IncorporatinE Income and Expenditu￿ Account)
for the year ended 30 November 2023
Note
2023
Z022
Income from:
Investment Income
Grant Income
153,976
9.567
153,609
Totil Incume
163,543
153,609
Expendlture on:
Ralsing Funds- management fee
Charltable actlvitles
4,362
1646,Tr)11
4,885
11,137,0321
Totsl EMp•nd6tur•
1641,6391
11,132,147)
Net Ideflcltllsurplus before investment 8alns111055esl
1478,0961
1978,5381
Net IloMesl/oalns on Invertments
151,1381
1445,2281
Net Idefl¢ltllsyrplus and movement In funds for the
1529,2341
11,423,766)
Fund balances at l December 2022
13
5,555,155
6.978,921
Fund bal*n¢•i at 30 November 2023
13
5,025.921
5,555,155
All income and expendlture derlves from contlnulng actlvltles.
All Income and expendlture in the current and prlor year relates to unrestrlcted fijnds.
Page 5

The Old Vic Endowment Trust
BALANCE SHEEr
as at 30 November 2023
2023
Flx•d Asmts
Investments
io
5,415,344
5,415.344
5,465,279
5,465,279
Curr•nt A55•ts
Debtors
Cash at bank and In hand
li
1,987
115,238
117.225
165
94,001
94,166
Cr•dltors: •mounts l•lln8 du• wlthlft on•
v••r
12
1506,6481
14,2901
Net Curmnt Ill•bllftle5ll•ss•ts
1389,4231
89,876
N•t
5,025,921
5,555,155
Chirlty Funds
Unrestrlcted Fund$'.
General Funds
13
5.025,921
S.SSS,155
Totsl Fundi
5,025,921
5,555,155
For the year ended 30 November 2023 the charlty was entltled to exemptlon from audlt under Secllon 477 of the
Companles Act 2CMJ6 relatln8 to small companle5.
The members have not requlred the company to obtaln an audlt of Its accounts for the year In questlon In accordance
wlth Sectlon 476 of the Comp4nle$ A¢t 2006.
The dlrertors acknowledge thelr responslblllty for complyln8 wlth the requlrernents of the Art wlth respect to
accountln8 records and for the preparatlon of the accounts.
These flnancSal statements have been prepared In Kcordance wlth the provlslons appllcable to companle5 sublect to
IS i().8.12 ts2.t............
The flnanclal Statemer￿ were approved by the TTustee5 on................
dRukw
J P M Norbury
Trustee
Company No. 07851822
Pay6

The Old Vic Endowment Trust
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2023
I. ACCOUNTING POUCIE5
Company infomialion
The Old V￿C Endowment Trust is a private company limited by guarantee incorporated in England and Wales. The
re8lStered office is The Old Vic. 103 The Cut, London, SEI 8NB.
1.1 Accounting convention
The financibl statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK
and Republlc of Ireland IFRS 1021. published In September 2015. The Charitable Company is a public benefit entity lor
the purpose5 of FRS 102 and therefore the charity also prepared it5 financial 5taternents in accordance with the
5totement of Recornmended Practice applicable to charitle5 preparSn8 thelr account5 in accordance with the FlnaTrcial
REPUrtiri8 Standard applicable in the UK and Republic ol Ireland IThe FRS 102 Charities SORPI, the Cornpanies Act 2006
as applicable to companies Subject to the small comp4nle5 regirne, and the Charitle5 Act 2011.
The financial statements are prepared in sterlin8, which is the functional currency of the company. Monetary amounts
n these Ilnanclal statements arè rounded to the nearest pound.
The acrounts have been prepared under the historical cost convention, modlfled to include the revaluation of certaln
financial instruments at fair value. The princlpal accounting policie5 adopted are set out below.
The charitable company has taken the followin8 exemptions under the small companies regime..
The requlremenls of Sectlon 4 Statement of Flnanclal Posltlon paragraph 4.12lallivl.
The requiTernen15 of Section 7 Statement of Cash Flows and Section 3 Financial Statement Presentation
paragraph 3.17ldl.
The requirement5 015ection 11 para8raphs 11.39 to 11.48A anLI Section 12 paragraphs 12.26 to 12.29A.
1.2 GolnE Concern
The financial statements are prepared on a 8olng concern basis which assumes the charltable company wlll contlnue In
operational existence for the foreseeable future. At the time of approving the financial 5taternents, the Trustees have
reasonable expectation that the charitable company has adequate resources to meet it5 liabilities as they fall due for
porlod ol at least twelve months from the date of approval of these financial 5tatement5. Thu5 the Trustees contlnue to
adopt the going concern basi5 of accountSng in preparln8 the accounts,
1.3 Income
Income 15 reco8ni5ed when the charitv 15 le8ally entitled to it after any performance conditions have been rnet, the
amounts can be rnea5ured reliably, and it 15 probablE that incorne will be received.
Investment Incorne is recognised when recelved by the Investment manager. All other Income Is recognlsed when the
charitable company becomes entitled to the income, it is probable that It wlll be recelved and the amount can be
measured reliably.
Cash dunatlons are reco8nised upon receipt. Other donations are r2co8nised once the charily ha5 received a flrm
ommitment to payrnent. Any income tax recoverable 15 inclvded at the time of the donation.
1.4 Expendlture
Liabilities are reco8nised as soon as expenditure Is Incurred and there is a legal or constructive obligatlDn commlttlng
the charity to the expenditure. All expenditure expended is accounted for on an accruals basis. Irrecoverable vat is
¢harged to the expense to which it relates.
Charitable expendlture Includes grant5 and donatlons made to institutions which are included In the account5 when
paid or when a firm commitment 15 8iven to a charity prior to the balance sheet date which is a constructive obligation.
Also Included are support C05t5 which include 8gvernarTrce c05tS.
Governance c05t5 primarily re13te to audit or independenl examination fee5 payable.
Costs of raising funds are those costs incurred in generatin¥ investment income and donations.
Page 7

The Old Vic Endowment Trust
NOTESTO THE FINANCIAL STATEMENTS
for the year ended 30 November 2023
I. ACCOUNTING POIICIES (continued)
1.5 Investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently
measured at fair value at each reportin8 date. Changes In falr value are recognlsed In net incomellexpendlturel for the
vear. Transaction costs are expensed as incurred.
1.6 Cash at Bank and In hand
Cash at bank and in hand are basic financial assets and include cash in hand. deposits held at call with banks, other
5hort-term liquid inve5tment5 Wlth original maturities of three months or less. and bank ovefdrafts. Bank gverdrafts are
shown within borrowin85 in current liabilities.
1.7 Flnanrlol instruments
The company has elected to apply the piovisions of 5ectlon 11 'Basit Flnancial Instruments, and 5ectlon 12 '0ther
Finanrial Instruments Issue5, of FRS 102 to all of its financlal Instrurnents.
Financlal In5trument5 are recognised in the company's balance sheet when the company becomes party tcs the
contractual provlsions of the instrument.
Financlal a5set5 and liabilltles are offset, wlth the net amounts presente(J in the financial Statements, when there is
legally enforceable rlghi ro set off the rec9gnlsed amounts and there Is an intenlbon fo settle on a net basss or to reallse
the asset and settle the liability simultaneously.
8o5tcAinuncial a55et5
Basic financSal assets, whlch comprlse cash and bank balances, are Inlllally measured at transaciion prlce Includln8
transaction costs and are 5ub5equently carried at amortised cost Using the elfettive interest method ur)lesS the
arrangement ¢onstltutes a financlng transaction, where the transaction is measured at the present value ol the future
feieipt5 discounted at a market rate of inter?5t. Financial a55ets cla55ilied as receivable wlthin one year are not
amort15ed.
Otherllnonclt71 assets
Other financial assets, which comprise Snvestments in equity instruments which are not subsidiaries. a$50clate5 or lolnt
venture, are initially measured at falr value, wh￿ch Is normally rhe transaction price, Such a55et5 are 5ubsequentlv
carried at lair value and the chan8es in fair value a￿ recognised in the income and expenditure acrount.
8o51cllnonciol liabilities
8a5ic financial liabilities. comprising creditors, are initially Terogni5ed at transaction price unle55 the arrangement
on5titute5 a financin8 tiansactlon, where ihe debt instwmeni Is measured at the present value of the future payments
discountpd at a rnarket rate ol interest. Financial liabllitie5 cla55ified a5 payable within one year are not arnort15ed.
Debt instruments are subsequently carried at arnorti5ed cost, Using the effective interest rate Tnethod.
Derecognition offinonciol liobilitie5
Financial liabilities are derecognised when the charity'5 contractual obligation5 expl￿ or are discharged or cancelled.
1.8 Charltable funds
Unrestricted funds are available for use at the discretion of the Trustees In furtherance of thelr charitable objectlves
unle55 the funds have been de518nated for other purposes,
Page 8

The Old Vic Endowment Trust
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2023
I. ACCOUNTING POLICIES lcontlnuedl
1.9 Taxation
The Company Is a reglstered charity and a5 Such is entltled to exemptioTr from taxatlon under the Corporatlon Tax Act
2010 to the extent that Its income is applied for charitable purpose5.
2. Incomo
2023
2022
Inve5tFnent income
Interest receivable
Other Income
153.635
341
9,567
IS3,536
73
163,543
153,609
3. Ralslni Funds. manai&ment 19•
2013
Zozz
Unr
tr1¢
ed funds
Investment management Irebbtellfees
4,3621
14,8851
4. Charltable actlvltles
2023
2022
Insurance
Grant fundlng of actlvllles (see note 51
Governance costs (see note 61
2,990
636,000
7,011
1,932
1,130,000
5,100
646,001
1,137,032
5. Gr•nts pay•ble
2013
2022
Grants to institutions:
The Old Vlc Theatre Trust 2000
636,000
1,130,000
636,000
1,130,000
Page 9

The Old Vic Endowment Trust
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2Q23
6. Governance cost5
2023
2022
Unrestrict
Indeperdent examination fees
Legal fees
Bank ¢har8es
5,623
1,025
363
4,547
150
403
7.011
5,100
7. Trustees
None of the Trustee5 lor any persons connected wlth them) recelved any remuneratlon or benefits from
the ¢harity durin8 the year12022- £nlll.
8. Employeos
There were no employee5 durinB the current or prior year.
g. Net yln51110sses1 on Investments
2023
2022
Unreali5ed1055e5 on revaluation of listed investments
151,1381
1445,2281
10. Flxed asset Inwstments
Llsted
Investments
Co51 or Valuatlon
At l December 2022
Additlons
D15posa15
Valuatlon chan8es
5,465,279
1,202
151,1371
At 30 November 2023
5,415,344
Carryln¥ amount
At 30 November 2023
5 415.344
At 30 Novernber 2022
5 465.279
Flxed asset investments revalued
i5torlc co5t'.
At 31 November 2Q13
5 029 579
At 31 November 2022
5 028 375
All of the investments are held in the form of UK unit trust funds.
Page10

The Old Vic Endowment Trust
NOTES TOTHE FINANCIAL STATEMENT5
for the year ended 30 November 2023
11. Debtors
2023
2022
P￿PaymentS
1.987
165
1,987
165
12. Credltors.. amounts falllng wlthln one year
2023
2022
other ¢redltor5
Acrrua15 and deferred income
5Q2,088
4,560
4,290
506.648
4.290
IJ. Fynds
rr
b•lancE at i
Oecember
2022
Revaluatlon Bllance at 30
ialns and
November
los¥e5
2023
Income EMpendltur•
Unrestrlct4d fvnds
General funds
5.555.155
163,543
1641,6391
151,1381
5,025,921
5.555.155
163,543
1641,6391
151,1381
5,025.921
Balance at I
December
zoii
Revaluatlon 8alance at 30
ialns and
November
Ios5e5
2022
Income Expendlture
Unre5trirted funds
General funds
6,978,921
153,609 11,132,147)
1445,2281
5,555,155
6,978,921
153,609
11,132,147)
1445,2281
5,555,155
14. Related party transactlons
The ¢harlty approved grants totalling £636,00012022- £1,130,000) to The Old Vic Theatre Trust 2000,
At the year end, £500,00012022.. Enill is included within other creditors.
Grant income was re¢elved totalling £9,56712022'. £nill from the American Assoclates of The Old Vlc Theètre Inc.
Page11