The Old Vic Endowment Trust
Report of the Trustees and Unaudlted Financlal Statements
Forthe perlod ended 31 August 2025
Reglstered Cha￿ty No. 1147946
Comparry No. 07851822

The Old Vic Endowment Trust
Ro8¥tered CharbiyNo. 1147946
CofflpJny No. 07851822
P Cjohn lthairl
H Davles
l M Murphy
I P M NO￿￿ry Iresl8ned 2 SÈpteMber20￿J
CVTerry
G Kln8 Ires18ned 16 November 20251
L Heath
Re8lster*d Address
The Old Vic
103The Cut
L￿d0￿
SEI 8NB
Independ￿1 Examlnefs
Moore Kingsthn Smith LLP
9Appold Street
London
EC2A 2AP
Bankers
C Ho3re & Co
37 Fleet Street
Lond
EC4P4DG
InwestmEDt advtsors
5arasin & Partners LLP
Juxton House
LOQ St Paul's Churchyard
LDndgn
EC4M 88U

The Old Vic Endowment Trust
Contents of the Flnantlal Statementsforthe perlod ended 31 August 2025
Page
Trustees. report
Independent Examiner's Report
Statement of Financial Activltles
Balance Sheet
Notes to the Financial Statements
7-11

The Old Vic Endowment Trust
TRUSTEÈS. REPORT
For the peflod ended 31 2025
The Trustees present their annual repart and financial statement5 for the period ended 31 August 2025, which are a150
prepared to meEt requirements for 3 dirertOT5' report and financial statements for Companles Act purposÈs.
The fin3nci31 statements comply with the Charitie5 Act 2011. the Companies Act 2(M)6, the Memorandum and Articles
of Association and k£ounting and Reporting by Charitles Statsment of Recommended Prattice applicable to charities
preparin8 thpir financial 5tstement5 In accordan￿ with the Financial Reporrin8 standard applicable in the UK and
Ireland IFRS1021 IEffective l January 20161.
ObjectivesandActl¥itles
The charity's abject5 and the principal actywity of the company is to support such charltable objertives of The Old Vic
Thpatre Trust 21XJO (registered charity number 10725901 i-ovrt") 35 the Trustees from time to time think fiL In
particular bv..
111 The prcimotion, mainrenance, improwement and advancement of educatlon by the entouragement of the arts,
including the art5 of drama. MIME, dance, mu&c, balleL opera, puppetry. palntin8 and sculptijre. photography, dnema.
literature and poetry and to formulate, prEpare 3nd estsblish schemes therefore, and bv..
121 The advancement of English herit38e for the public bpnefit. by the encouraaement and stimulation of the public's
under5tandin8and appreciation of the architectural arKI cultural heritage of Ov￿.
It is the policy of the charity to make grants In Support of Ov￿. All 8rants will be as5e5sed ènd approved by the board
of Trustees.
The Trustees have paid due reEèrd to guidance i55ued by the Charity Commiwan in deciding what actiwties the chèrity
should undertake.
Achleveffler￿ and perforfflance
During the year the charity continued to m?ke further Snvestment to generate return5 and enable 8rants to be paid in
furtherance of its objects toThe Old WicTheatre Trust 2￿0 Ifhe Old Vic'l. ovrri5the sole beneficlary of the Trust.
In the period under review £1.729,37912024." £136,(ml of operational Erants wer& madè out of incorne - mède up of
£1,711.379 toward5 rhe Backsts8e and £18,0(M) towards Community & Education 11024.. £1(KI,LKIO towards the
Backstage. £18,OLKI towards Community & Education, £18.LWJO to supportthe Bayliss Director rolel.
financial re¥iew
The final net deficit for the year was £1,839.65712024.. £761,726 net surplus) which SnclL¥led a decre3se in the market
value of the managed fund of £209,95812024." £743,326 increasel- see note 9.
Total income amounted to £105,62412024.. £161,7501- see note 2 for more detail.
Total expenditure was £1,735,323 made up of £1,729,379 of grants to OVTh and £5,944 of admlnlstrafjen costs
including Investment. le8al and independent examiner fees.
ReseNes polky
It is the policy of the charity that frpe reSP￿e5 (comprising unrestricted net assets) should be maSntalned èt è level to
Eive the charily financi31 flexibility and a buffer 3gainsi operatiot)al risk5. As a mana8ed fund however these operational
risks are mlnimal but thp fund is structured so that there is alw8y5 a cash portion held in reserve. The level of net
current assets excludin8 both c?sh held wthin the mèna8ed fund wa5 £119,3LN412024.' £29.0321.
Pag8 1

The Old Vic Endowment Trust
TrUSfEES' REPORT
For the period ended 31 August 2025
Investment PDllcyand objectffts
Under th& Memorandum and ArtScles of Assrriat]on, the charity has the power to make any investment whlch the
Tru5teÈs see fir.
In¥e5tmenl perfomiance
The charity's investment partfolio is managed by Sèrdsin and Partners LLP. During the year thi5 mana8ed fund
8enerated net incume of £99,62412024.. £151,7651 including interest and investment income. At ihe ye3r end, the
market value of the managed fund was £3,798.36612024.. £5,708,5881. See note 10 for the movements in the year.
Rlsk mana8emert
The Trustees have a risk management strategy which cornpri5es'.
An annual review of the risks the charity may face-,
The establishment of systems and procedure5 to mitigate those risks identified in the plan; and
* The Implementation of procedure5 designed to minimi5e any potential imp3ct on the charity should those Ti5ks
rnatenalise.
Key risks faced by tt)e charity indude..
Investment rlsk. which is miti8ated by platin8 funds with 3 professional investment m3nèÉer. an agreed Investment
policy and re8ular reportlllgand review.
Ensuring sufficient C35h to P8y approved grants, which 15 rnitigèted through annual grant appravals beln8 limired to
income generated by the portfolio and transferred to the charity's bank accourTrt. In exceptional tircumstance5,
investments mèy be 501d to ¥pnÈrate aoditianal cash to pay out one-off larger Brants in the year.
F￿t￿re plans
The Charl￿5 focus in future years is to continue to generate funds and provide grants towards The Old VSC'S capitol
c3mpèi8n to build The Annex, whlle still CDntinuin8 to support specific productions and Education & Community
projects run by ovrr.
As noted above, funds may be made av3ilable to OVTh in order to supportthe Theatre in order to sustain it financially,
provided that terms can be agreed which are acceptable to thÈ Trustee5.
Strutiiirei 8o¥emanco and mana8ement
The Old Vic Endowrnent Trust Is a company Ilmlted bv Buarantee and is a registsred charty. govemed by rt5
Memorandum and Arricles Or￿SOcial50n
Trustees
TheTrustees who served during the year ènd up to the dats of signature of the financial 5taternÈntswere.'
P CJohn Ichairl
H Davies
J M Murphy
J P M Norbury (resigned 2 September 20251
CVTerry
G Kin8 (resigned 16 NovembEr 20251
S￿retary
tsura stevenson
Page 2

The Old Vic Endowment Trust
TRUSTEES. REPORT
Forthe ptrfod ended 31 Augu￿ i￿5
Appolntment olTrusiees
The board of Trustees has the power to appoint additlonal trustÈÈs as itconsiders fit.
(knanSSailonal strutture
The charity is governed by a board of Trusteè5 of up to 6 members. The Trustees meet rÈgularly to manage its affairs. The dav-
to-ijay operations of the chènty are mèna8ed by3 management team appuinted by the trustees and reportin8 to the board.
New Trustees unde[80 an orientation period to brlef them un their legal obligations under charity and company law. the
content of the Memorandum and Arbcles of Association, the committee and deCI￿on making processes, the buSIne￿ plan and
recent financial performance of the charity. Durin8 the induction period they meet key employee5 and Oiher trustees. Trustees
re encouraged to attend èppropriate extem31 events where these will facilitate the undertaking of rheir role.
The board regularly looks at the skills, Èxperience and diversity of its members to find imbalances and gaps, informin8 Trustee
recruitment and trainin8. The board recognises the value of a diverse board and when deddln8 how to retruit Trustee5, the
board thinks about haw to attract a diverse pool of candidates.
Relatlonshlpwlth related partles
The charity has a close relationship with ovfT. There are no othèr related parties other than the Trustees.
ststementof Trustees, reSkhJnslbilitie$
The Trustpes, who are also the directors of The Old Vlc Endowment Trust for the purpose of company lèw. are responsible for
preparin8 the Trustees, Report and the financlal statements in accordance with applicable law and United Kingdem Accounting
Stand3rds (United Kingdom Geneially Accepted Accounting Practicel-
Cornpany law requires the Trustees to prepare financi31 stJtement5 for eèth financi31 year which Eive a trve and fair view of the
Stste of affairs of the charlty and of the incoming resourc￿ and application of resources, including the income and expenditure.
of the charltable company for thatyear.
In preparing these financial statements, the Trustees are required to..
selert 5Ultable accounting policies and then apply them consistentlv.
observe the methods and principles in the Charities SORP.
make judEements and estimatesthatare rea50Tr3ble and prudent..
state whether applic3ble UK Accounting Standards have bepn followed, subject to any material departures disclosed and
explained in the fin3ncial statements.. and
prepare the financial statements on the Boing concern basls unless it is iriappropriate to presume that the charity will
cot)tlnUE in oppr3tiun.
The Trustee5 ore responsible for keeping adequate accountin8 records that disclose wth reasonable accuracy at any tlme the
financial position of the charity and enèble them to ensure that the financial ststements comply with rhe Companies Act 2006.
They are also responsible for s3fe8uardin8 the assets of the charlty and hEnce for tsking reasonable steps fur the prevention
nd detectSon of fraud and other irre8ularitie&
ofthe
rd ofTrustees
Pcjohn
Directora
Truste
01105 ILotfy
Page 3

The Old Vic Endowment Trust
Independent Examiner's Report to the Trusteesof The Old Vtc Éndowment Trust
forthe period ended 31 August 2025
I reportto the chorityTrustees on my examination ofthe accounts ofthe Company forthe period ended 31 August
2U25.
Responslbllltles and basls ol report
As the charity's Trustees of the Company land also ts dirertors for rhe purposes of cempany lawl vou are responsible
for the preparation of the accounts in attordance with the rpquirEments of the Companies Act 20061'the 2W6 Act'l.
H3vin8 Satisfied myself that the accounts OF the Campèny are not required to be 3uOited under Part 16 of the 2006 Act
and are eligible for independent examinatSon, I report In respect of rny examination of your chariV5 actounts as
carried out under sectSon 145 of thp Charities Act 20111.the 2011 ACVI. In carrying out my examination I have followed
Directions 8iven bythe Charity Commission under section 145151 Ibl of the 2011 Act.
Independent Éx•mlner's Siatement
I have complèted my exarnin3tion. I confirm rh3t no matters have come to my atrentitrn in connection with the
examination ￿1VInR me cause to believe..
11 accounting recordswere not kept in respect of the Compèf)y ès required by Section 386 of the 2006 Act., or
21 the aciounts do not aCCOfd with those records. or
31 the accounts do not tomply wrh the 3ccounting requirernents of section 396 of the 2006 Act other rhan anv
requirernent that the occounts glve a 'true and tslr Ylew which 15 not a matter considered as part of an independent
examination., or
41 the accounts have not been prepared in actordance with the methods and principlES of the Ststement of
Recommended Pr3Ctice for accountinB and reporting by charitie5.
I have no concems and have come atross no other matters in Connection with the txèmin3tion to whlch attentian
should be drawn in this report in order to enable a proper und2rstanding of the atcounts to be re2thÈd.
Adam Fullerton IFC& DChAI
Forand on behalf of Moore Kln8Ston Smlth LLP
Chartered Accountsnts
9 Appold Street
Landon
EC2A 2AP
Date.. S May 2026
Page 4

The Old Vic Endowment Trust
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorporating Intome and Expendlture Account)
for the period ended 31 August 2025
9 month
perlod ended
3110812025
Year ended
3011111014
Note
Income from:
Investment income
Grant Income
99.624
6,000
151,765
9,985
Total Income
105,624
161,750
Expendituie on..
Raising Fund5- management fee
2,694
11.738,0171
4.545
1147,8951
Total Éxpendlture
11.735,3231
1143,3501
Net Ideftftllsurplus before investment returns
11,629.6991
18,400
Net galnsllloMe51 on investments
1209,9581
743,326
Net Idellcltllwrplus and movement Ir4 funds forthe year
11,839,657)
761.726
Fund balances at l Decernber 2024
13
5,787,647
5,025.921
Fund balantss at 31 Au8U5t 2025
13
3.947.9￿)
5.787,647
All income and expenditu￿ derives from continuing attivities.
All income and expenditure in the current and prior year relates to unrestrirted funds.
Page 5

The Old Vic Endowment Trust
BALANCE SHEET
as at 31 August 2025
Note
2025
2024
Nmed Assets
Investments
3,798,366
3,798,366
5.708,588
5.708.588
Curre*)t Assets
Debtors
Cash at bank and in hand
li
2,368
94.633
97.001
157,594
157,597
CredStots.' amounts fa115ng due wlthln one
year
12
17,9731
117.9421
Net Current Assets
149,624
79,059
Net A55elS
3,947,990
S,787,647
Char￿¥ Funds
Unrestricted Funds..
General Funds
3,947,990
5,787.647
Totsl Funds
3.947,990
5.787,647
For the period ended 31 August 2025 the charity was endtled to exemption from audit under Section 477 of the
Companies Act 2CK)6 rÈlating to small companies.
The members have not required the company to obtain an audit of it5 accounts for the year In question in accordance
with Section 476 of the Cornpanies Att 2006.
The dirertors acknowledge thelr responsibility for complying with the reqU1￿ments of the Act with respect to
accounting records and for the preparation of the accounts.
These financial statement5 have been prepared in accordance with the provisions applicable to cornpanies sublect to
the small companies regime.
01 ioV/ ool
Inanclal tztements were approved bythe Trustees on..................................
ohn
ee
Tru
Corn
anv
. 07851822
Page 6

The Old Vic Endowment Trust
NOTES TO THE FINANCIAL STATEMENTS
forthe perlod ended 31 August 2025
I. ACCOUNTIIIG POLICIES
CompanyInfr￿M1￿￿n
The Old Vic Endowrnent Trust 15 3 priv3re company limited by guarantee Incorporated In England and Wales. The
rp8lStered office isThe Old Vic, 103 The Cut, London, SEI 8N8.
1.1 AttountlnE conventygn
The finlncial statements have been prepared in accordance with the Financial Reporting St3ndard appiicable in the UK
and Republic of Ireland IFRS 1021, published in September 2015. The Charitable Company is a public benefit entity for
the purposes of FRS 102 and therefore the charity also prepared its financial ststements in attordante with the
Statement of Recommended Practyce applicable to charities preparin8 their accounts In accordance with the F￿nancIal
Reporbng Standard applicable in the UK and Republic of Ireland (The FRS 102 Charitie5 SORPI a5 applicable to
tornpanies subject to the small companies re8irne, the Compènie5 Act 2006 and the Charitie5Act 2011.
Thefinancial 5tatsments are prepared in stèrlin& which is the funCt￿onal cvrrenry of the company Monetary amounts
in these financial ststements are ruunded to the nearest pound.
The accounts have been prepared under the historical c05tconventlon, modified to include the revaluatlon of certaln
financial instruments at fair value. The princip31 accounring policles èdopted are setour below.
The charStable Company has taken the following exemptlons undpr the small cornpanles re6lme.'
The requirements of Section 4 Statementof Financial Position paragraph 4.12lallivl.
The requirements of Section 7 Statementof Cash Flows and Section 3 Financial St3ternent Presentation
pafagraph 3.17ldl.
The requirements of Sectlon 11 paragraphs 11.39 to 11.48A and Sethon 12 pèr38raph5 12.26 to 12.29A.
The Old Vic Endowment Trust changed its 3ccountinE referencè date during the year Consequently, the
financi31 statementsfor the current period have been prepèred for a nine-menth period, where35 the
cemparative financial statements cover 3 twelve-month period. The change In year-tnd w85 approved by the
Board ofTru5tees and 15 Intended as a one-off adjustment.
1.2 Going Concern
The financial ststements ère prepared on a gtyng concern basis which èssumes the charitable compèny will tontinue in
eperational èxistence for the foreseeable future At the timE uf approving the financS8l statements, thÈTrustees have
reasun3ble exppctation that the charitable company has 3dequ3te resources to meet its liabilities a5 they fall due for
period of at least twelve months from the datè of 3pprov?l of these financial ststements. Thu5 theTrusree5 continue to
dopt the 80ing concern ts35￿ of accounln8 In preparing the accounts.
13 Income
Income 15 recogni5ed when the charity is Ip8ally pntitled to it after any perforrllan￿ conditions have been meL the
amounts can be measured reliably, ènd it 15 probable that inco1￿ will be recewed.
Inwestment income is recognised when rettived by the Investrnent rnanager. All other Income is retO8ni5ed when the
charltable company betomes entitled to the Income. It is probable that it will be received and the 4mount can be
moasured reliably.
Cash donations are reiDgnised upon receipt. other donations are reco8nised On￿ rhe charity has re￿Ned 3 firm
commltmentto payment. Any incorne tax recoverable is included atthe time of the donatiot).
1.4 ExpendlturÈ
abilities are reco8nlsed as soon as exppnditure is incurred and there is a le8al or constructive obllgation committing
the charity to the pxpenditure. All expenditure expended is accountod for on an accruals basls. Irretoverable ¥3t is
charged to the expense to which it relate5
CharitJble expendlture Includes grants and donations made to Instltutians which are included Sn the a£tounts when
paid or when a firm commitment isgiven to a ch4Tlty pfiof to the balante sheet date which is a construrtive obligation.
Also Included are support tosts which include Bovernance costs.
Governance costs primarily rÈl3te to audit or Independent examination fees payable.
Costs of raSslng funds are thuse tDSts incurred in generating investment income and donations.
Page7

The Old Vic Endowment Trust
NOTESTO THE FINANOAL STATEMENTS
forthe period ended 31 AuRUSt 2025
I. ACCOUNTING POUCIES Icontlnuedl
i.s Investsneni$
Fixed asset inve5trnents are initially measured at transaction price excludin8 tr3nsactlon costs. and are sub5e4uently
Easured at fair v31ue at each reportin8 date. Changes in fair vèlue are recognisÈd In net incomellexpenditurel for the
year. Transaction costs are Expensed as incurred.
1.6 Cèsh al Bank and In hand
Cash 31 bank and in hand are basic financial assets and include tash in hand. deposits held at c311 w￿h bank5. Other
5hort-term liquld Snvestments with oriEinal m3turities of three months or les5, and bank o¥erdraft5. 83nk o¥erdraft5 are
Shown within borrowinBS in current liabilities.
1.7 Flnancial instrtsment5
The company has elected to apply the pro*i5ions of Sectlon 11 'B3*c Flnancial Instruments. and Section 12 '0ther
Financial In5truments155ues' of 102 to all of its financial instruments.
Financial Instruments are recogn15ed in the £ompany's b31ante sheet when the company becomes party to the
contrattual orovisions of the instrument.
Fin3nc131 asgets and liabilitles are offset, with the net arnount5 presented in the financial Statements, when there is a
le8ally enforceable right to set off the reco8nised amounts and therè Is an intention to settle on 3 net basis or to realise
BG5icfinonciol 055et5
Basic financial a55ets, which comprise t3sh and bank balantes, are initially measured 31 transèction price including
ttsnsaction costs and are subsequently carried at amortised cost using the effective interest method unless the
rran8ement constitutes a financing transaction. where the tr3n5attion Is me35ured at the Pfe5ent value of the future
rpceipts diKounted at a rnèrket rare of interpst. Financial a55ets classlfied 05 receivable within Dne year are not
amartlsed.
otheTflnoncio105sets
Other financial 3552ts, which compf15e investments in equity instruments which are not subsidiariÈs, associate5 or jolnt
venture, are initially measured at fair value, which 15 normally the transaction price. Such 35sets are subsequently
C3rried atfairvalue and the chènges in fair vHlue are recegn15ed in the Income and expenditure account.
Basicfinancitsl Iloblllties
835ic finandal liabilities, comprisinE treditors, are inirially recognised at transaction price unle55 the arrangernent
constitutes a financing transaction, where the debt instrument 15 measured at the present value of the futur& payments
discounted at è market rare of interest. Financial liabilities classified a5 p3yable wlthin one yèar are not amortised.
Debt instruments are subsequengy c3rried at amortlsed c05t. u￿￿8 the effective intprest rate method.
Derecognition olflnonci1711iGbilities
Financlal Ilabilitie53re t*erÈcosnlsed when the charity's contractu31 obligations expire or are dischar8ed or c3ncellÈd.
1.8 Chariiablefunds
Unrestricted fvnd5 are ovailable for use at the dlscretyon of the Trustees in furtherance of their charitable objectNes
unle55 thè funds have been desi8nated for other purposes.
Page 8

The Old Vic Endowment Trust
NOTES TO THE FINANCIAL STATEMENTS
tor the period endèd 31 August 2025
I. ACCOUNnNG POUCIES Icontinuedl
1.9 Tax*ian
The Company Is a registered charity and as Such Is entitled to exemption from tsxation under the Corporatlon Tax
Act 2010 to the extentth8t rts income is applied for charitablE purpose5.
2. InC￿e
9 month
perlod ended Yearended
3110812025 3011112024
Unrestri
nds
Investment intorne
Interest receiv3ble
Other IncDme
98,082
1.542
6.0
150,943
822
9.985
105,624
161,750
3. Ralslng FurEd5- manazemem fee
9 month
pÈrlod ended Year ended
311(*12025 3011112024
tritted fund5
Investment management rebat
12,6941
14,5451
4. (haritable actI￿ties
9 month
period ended Ye•r ended
3110812025 3011112024
Unrestrirted f
Insurance
Grant funding of activitie5 (see note 51
Governance CDSts15ee ncte 61
2,365
1,729,379
6.273
2,775
136,000
9,120
1,738,017
147.895
5. l&onts payoble
9 rnonth
PEriod ended Year ende
311L*12025 3011112024
Unrestrirted funds
The Old Vic Theatre Trust 2000
1,729,379
136.000
1.729,379
136,000
Page 9

The Old Vic Endowment Trust
NOTES TOTHE FINANCIALSTATEMENTS
for the perlod ended JI August 2025
& Govemance cos¢s
9 month
perlod ended Year ended
3IItil2025 30lIV2024
Unrestricted funds
Independent ex3mination fees
Le831 fees
Bank charges
6,948
1,692
458
Bll
6.273
9,120
7.Tru5tees
None of the Trustees lor any persons connected with them) retelved any remunerètlon or benefits from
the charity during the year12024- £nill.
- Employees
There were no employees durin8 the current or prior year.
9 month
perlod ended Year ended
311￿/2025 3011111024
9. Net¥aln5lllossesl on Investments
Unreali5ed 8ainslllosse51 on revaluation of listed iThvestment5
1209,9S81
743.326
10. Flxed a%et In¥esknents
Usted
Investments
Cost of valuatian
At l December 2024
Additions
Di5posèIs
ValuatiorTr ehanges
5,708,588
11,700,264>
1209,9581
At 31 August 2025
3,798.366
C*nlnK amount
At 31 August 2025
3 798 366
At 30 November 2024
5 708 588
Flxed asset Investments revalued
Historic cost..
At 31 August 2025
2 833 $77
At 31 Novemter 2024
4 580 367
All of the inve5trnents are held In the form of UK unlt trustfunds.
Page 10

The Old Vic Endowment Trust
NOTES TO THE FINANCIAL STATEMENTS
lorthe perlod ended 31 August 2025
11. Debtors
9 mmth
perlod et)ded
Year ended
311(ffj12025 3011112024
Prepayments
2.368
2.368
12. Creditllrs.. amountsfallin8 wlthlh year
9 manth
period ended
Year efided
3110812025 3011112024
Other creditors
Accruals and deferred Incorne
10,000
7,942
7,973
7.973
17,942
13. Fund5
Current
ear
Balance at I
December
2024
Revalyatiun
ains and Balance at 31
It￿5 August 2025
Income Expendfture
Unrestrirted fvnds
General funds
5,787,647
105,624
11,735,323)
1209.9581
3,947,990
5,787,647
105.624
11,735,323]
1209.9581
3,947,990
ear
B•lance at I
DetembEr
2023
Revaluatlon Balance at 30
gains and
No¥Èmb
I0￿e5
2024
Inwe Expenditure
Unre5trirted fund5
General funds
5,025.921
161.750
1143.3501
743,326
5,787,647
5,025,921
161,750
1143,35DI
743,326
5.787.647
14. Related partytransattions
The charity approved grants totalling £1,729,37912024 E136,fMIOI to The Old Vic Theatre Trust 20LNJ.
Atthe year end, £nil12024-. £10.0001 is included within other crediters.
Grant income was recelved totalling £nil12024.. £9,985) from the Amerfcan Associates of The Old VicTheatre Inc.
Page 11