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2022-08-31-accounts

eer roductions Annual Repo Report of the trustees and financi t 202112022 I statements

Peer Productions Charity Company

Report of the trustees and financial statements For the year ended 31[st] August 2022

Charity No: 1151156 Company No: 05898510

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Peer Productions Charity Company

Contents of the Financial Statements for the year ended 31[st] August 2022

Page
Report of the Trustees 3 - 16
Report of the Independent Examiner 17
Statement of Financial Activities 18
Balance Sheet 19
Notes to the Financial Statements 20 - 31

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PEER PRODUCTIONS CHARITY COMPANY REPORT OF THE TRUSTEES for the year ended 31[st] August 2022

The trustees, who are also directors of the Charity for the purposes of the Companies Act 2006, present their report with the financial statements of the Charity for the year ended 31st August 2022 . The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Finance Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE INFORMATION

Charity name:

Peer Productions

Charity registration Number: 1151156 Company registration number: 05898510 (England and Wales) Registered Office and Operational Address: Peer Place The Ypod Centre Chobham Road Woking GU21 6JD

Trustees for financial year 2021-22: Joanna Atkinson Tim Hargrave Caroline Hoare - appointed 25 April 2022 Daniel Johnson – appointed 25 April 2022 Melanie Laithwaite (Chair*) Nina Lemon Alison Mathers - appointed 28 September 2021 Daniel Reeves - resigned 25 April 2022 Edward Simpson James Stirling - appointed 25 April 2022 Karen Sturgess * Melanie Laithwaite resigned as Chair 8 May 2023, replaced as Chair from that date by Caroline Hoare

Bankers: Barclays Bank plc Town Gate House Church Street East Woking GU21 6AE Independent Examiner: Yvette How MAAT (MIP) That’s How Accountancy & Bookkeeping 6 Frailey Close Maybury Woking GU22 8EB

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PEER PRODUCTIONS CHARITY COMPANY REPORT OF THE TRUSTEES for the year ended 31[st] August 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Nature of the governing document and constitution of the Charity

Peer Productions is constituted as a company limited by guarantee, formed in 2006 and registered as a Charity in 2013. The company is governed by a memorandum, which established the object and powers of the charitable company and is governed under its Articles of Association. There are no restrictions in the governing documents on the operation of the Charity or on its investment powers, other than those imposed by general Charity law.

The methods adopted for the recruitment and appointment of new trustees

Trustees and staff are constantly considering the other skills and expertise that may be required to best support the development of the Charity. The Board seeks new trustees through open recruitment using a variety of web and social media-based advertising. Subject to satisfactory interview, and accepting the responsibilities as defined in the Charity Commission guidelines on the responsibilities of Charity trustees, the new recruit will be appointed to the Board.

The policies and procedures adopted for the induction and training of trustees

The new trustee meets key staff and a number of trustees as part of the interview process, and following appointment is invited to visit the Charity at its operational base in Woking for more in depth conversation with the Artistic Director and the Strategy & Partnerships Director. The new trustee is also expected to read the Charity Commission guidelines as well as the Charity’s key policies and memorandum and articles of association. Trustees are also encouraged to attend public performances of the Charity’s plays.

The organisational structure of the Charity and how decisions are made

The Board of Trustees meet approximately at 2-monthly intervals, to monitor and facilitate the work of the Charity, approve actions and plan for the development of the work. Trustees have the power to call extra meetings in response to any specific concerns.

The Board of Trustees reviews risks on an ongoing basis through Trustee Board Meetings. This allows us to mitigate against and to identify new risks. We consider the likelihood and impact of every risk. For the relevant period we identified the following significant risks:

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PEER PRODUCTIONS CHARITY COMPANY REPORT OF THE TRUSTEES for the year ended 31[st] August 2022

OUTGOING CHAIR’S LETTER

In 2021/22 as we emerged from the baffling uncertainty of the pandemic, mental health was centre stage and it has become incumbent on all of us to address the fallout from this crisis, with no group more in need than our young people. Peer Productions has been working to support young people’s mental health through its mission to make plays and change lives since its very beginning and so we have been perfectly placed to continue this journey in this difficult period. Against this background, Peer Productions has taken plays back on tour to schools, helping secondary school age young people deal with mental health, radicalisation, and sex education issues, and, for the very first time, touring a play to primary schools to help younger children learn about the importance of mental health. This expansion of the offering reflects the need of our beneficiaries and Peer will always respond to this need.

We have continued our success of helping our peer educators onwards with their higher education ambitions – with some notable drama school successes – and helping this cohort of young people face up to the individual impact which the pandemic has had for each of them.

It has been a year of change with a huge moment of pride when Peer Productions opened its own front door for the very first time on moving into the YPod building in central Woking in late summer 2021. This building offers the platform for future growth which includes the exciting launch of the unique Peer Education Pathway (PEP) programme for disabled young people which will be available from September 2022.

The future is bright for Peer Productions but we must acknowledge the legacy which the pandemic has left us as this has been a tough financial year which has seen our unrestricted funds depleted. There is a robust plan in place (which, as I write, is already paying off) to rebuild these funds, and we were still able to deliver our planned projects and develop new projects (like PEP) for the future.

We can only do what we do thanks to the generosity of those who support us, so however you helped Peer Productions during this year, thank you. On a personal note, I want to extend my thanks to Peer Productions’ Artistic Director, Nina Lemon, for her unrelenting vision and brilliance. Also, a thank you to Managing Director, Ed Simpson, who stepped away at the end of 2022, after working so hard over many years to build robust procedure into the DNA of Peer Productions. I too am stepping away in May 2023 after the end of my tenure as Chair and I leave feeling immensely privileged to have contributed to this amazing Charity since 2019. I pass over to the incredible Caroline Hoare with whom I know the Charity is in very safe hands for its next exciting chapter. Finally, thank you to my fellow trustees, the staff of Peer Productions and our young peer educators for their incredible hard work which allows the Charity to continue to evolve and serve our beneficiaries.

Best wishes,

Melanie Laithwaite, Outgoing Chair (resigned as Chair, 8 May 2023)

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PEER PRODUCTIONS CHARITY COMPANY REPORT OF THE TRUSTEES for the year ended 31[st] August 2022

ARTISTIC DIRECTOR’S LETTER

At the beginning of this year we at Peer achieved our long-term ambition of moving into designated premises back in the heart of Woking where the Charity was originally founded. Establishing a meaningful partnership with Woking Borough Council and moving into the large Ypod building in the town centre has allowed us to take more control of our own destiny. This has positively impacted our working culture, made us easily accessible by public transport and has allowed us to scale up our ambitions to transform more young lives through theatre and, in particular, to reach those who are most disadvantaged or excluded from arts education.

Although many of these ambitions, including our new programme for learning disabled young actors and holiday provision for those in receipt of free school meals, begin delivery in the following year, it was during this period 2021-22 where we have laid the groundwork for new partnerships and innovative programmes.

Our move into Peer Place was only the first stage of implementing a vision for a thriving hub of youth arts activity bringing high quality arts practice with a strong focus on mental health to young people in the region. We not only completed an initial light touch refurbishment of the first floor but we also successfully completed the first round of a Surrey Your Fund bid to develop the currently derelict second floor.

This year also marked a welcome return to our touring programme with two new plays in our offer; ‘As I See It’ a new play about radicalisation and knife crime which was commissioned back in 2020, and ‘The Space Between (my head & heart)’, a new devised piece using puppetry for primary school students to explore mental health and resilience.

The importance of mental health became evermore ingrained into the DNA of our Charity as the ramifications of the pandemic and the interruptions in young people’s lives continued to be so evident not just in the lives of our audiences but in those of our cohort of young actors too. Despite the unsurprising anxieties of a group of young people whose significant teenage years were so brutally interrupted, our young actors delivered four extraordinary schools’ tours and many went on to prestigious drama schools including Rose Bruford College, LAMDA, East 15, Royal Birmingham Conservatoire and University of Surrey.

I remain indebted to our young actors, incredible staff and inspirational trustees who worked tirelessly this year to bring Peer Productions to a new level and feel optimistic for a bright future.

Best Wishes,

Nina Lemon FRSA

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PEER PRODUCTIONS CHARITY COMPANY REPORT OF THE TRUSTEES for the year ended 31[st] August 2022

OUR AIMS AND OBJECTIVES

PEER PRODUCTIONS - MAKE PLAYS CHANGE LIVES

Purposes, Aims and Values

Our vision is to use theatre to transform young people’s lives.

Peer Productions is an award-winning youth arts Charity specialising in combining high quality arts practice with peer education. We have developed a unique approach whereby young people are at the centre of every stage of the creative process.

We aim to :

How Our Activities Deliver Public Benefit

Our work is made with, by and for young people and focuses on the issues that matter most to young people. These have included eating disorders, homophobia, alcohol misuse, sex and relationships, and mental health issues. We’re driven to create an inclusive environment for our students, audience, staff, volunteers and supporters that promotes and values diversity. This represents the world in which our young beneficiaries live - diversity of race, gender, sexuality, religion, identity, physical and cognitive ability, experience and perspective enriches our Charity and helps us to achieve our mission.

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PEER PRODUCTIONS CHARITY COMPANY REPORT OF THE TRUSTEES for the year ended 31[st] August 2022

OUR KEY ACHIEVEMENTS AND PLANS FOR THE FUTURE

Key highlights:

In 2021-22 we continued with our young person centred approach to using peer education to empower young people. Our work benefits young actor peer educators, disadvantaged young people, and young audience members in schools.

This year saw a return to in-person activities following the pandemic lockdowns. Despite continued challenges and cancellations due to Covid-19, we managed to deliver our full programme of activity in person, as well as to continue developing our digital offering which started during the pandemic.

We would like to express our gratitude to all of our funders and everyone who has supported our work: every person, community, company and organisation. We could not help young people transform their lives through theatre without you.

Active Surrey AKO Foundation Berkshire Community Foundation Comic Relief Community Fund Community Foundation for Surrey D’Oyly Carte Charitable Trust DWF Foundation Enterprise Development Fund Garfield Weston Foundation Groundwork Heathrow Community Trust Henry Smith Charity High Sheriff of Surrey Jancett Childcare & Jace training Ltd JMA HR & Legal Pilgrim Trust Surrey Chambers Surrey County Council Surrey Wellbeing Partnership Thomas Wall Trust Warburtons Community Grants Woking Borough Council

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PEER PRODUCTIONS CHARITY COMPANY REPORT OF THE TRUSTEES for the year ended 31[st] August 2022

PAD - Peer Actor Development Programme

A total of 14 young people completed the Peer Actor Development programme this year, which offers a free year-long training, development and peer education programme for young people post-18. Learners develop their own creativity, are supported with applications to higher education including drama school and university, gain valuable experience of professional standard touring, and contribute their talents to educating young people in schools about issues that are important to talk about such as mental health, healthy relationships, and radicalisation.

“I have become more confident in showing my own work to other people, I've also learned to value my own abilities more and take on more ambitious and challenging projects.” - PAD learner

This year the PAD learners:

“The most important thing I have learned about myself during my time at Peer is how to effectively communicate in a rehearsal room. I quickly realised in rehearsals that most people do not think in the same way as me, which is possibly due to my newly diagnosed ADHD. finding out about my diagnoses has allowed me to start to understand why and how others think differently from me, as well as how to adjust my behaviours so that the flow of communication stays consistent” - PAD learner

This was the first cohort since the pandemic lockdowns, and there were still many mental health challenges. We continued to support the cohort including encouragement to access the Health Assured app which provides access to information, advice and guidance on a range of topics as well as confidential self-referral for counselling and mental health support.

“I have been able to learn how to cope with my issues and how taking time out for myself is important and allowing myself room to develop and feel better. With learning this information I was able to explore what it means for my career and how, as an artist I strive to create meaningful work that helps people. Talking about how you feel and sharing your experiences through art is what allows myself to develop and overall learn that it is ok to not be ok.” - PAD learner

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PEER PRODUCTIONS CHARITY COMPANY REPORT OF THE TRUSTEES for the year ended 31[st] August 2022

Plays

Our young actor peer educators performed three plays to schools across Surrey, Berkshire, Hampshire, and greater London, including SEN schools. Each play is accompanied by a thorough Teachers’ Pack to support lessons after the performances.

As I See It is a new play about radicalisation and knife crime, written this year by Artistic Director Nina Lemon. It reached 1800 young people in 11 performances.

“The actors worked in harmony to deliver an excellent piece of drama based on knife crime. They were able to weave so many other important elements into this piece - PSHE lead’s dream! Thank you all!” - Teacher

“It was really compelling how everyone told real life facts about real cases at the end. That was the part that made me really realise how frequent these tragedies are happening.” - Young audience member

The Space Between (my head & heart) is a development project, expanding Peer Productions’ work into primary schools. The play was devised by the peer actor educators for primary school children in years 3-5, and 21 performances took place at 10 schools, to 900 young people. The positive feedback led to a full-scale tour being developed for the following year.

“I like space so i enjoyed it and i learnt about other people’s feelings” - Young audience member

“Fantastic, believable acting, good use of puppets. Good mixture of songs and speech. Loved the audience participation” - Teacher

“It was teaching about mental health without it feeling like a lesson. It was also very entertaining (even for adults!) and was engaging for children - the little boy near us was completely absorbed by the story” - Public audience member

Hidden is a play for year 8+ about self-worth, mental health and self-harm. There were 21 school performances to 4,200 young people.

“This play was very hooking from the beginning. Although its themes were not light hearted, I wanted to watch until the end so that I could discover everybody's stories. It showed me that getting help from a professional is a great way to talk through your feelings and, when you're not comfortable talking to a professional, it's perfectly okay to talk to a trusted teacher or adult, as long as it is not too much for them. "Hidden" showed me that even when you're feeling totally alone in the world, there's always a way to try and break through it, making the world that little bit better by being in it.” - Student

“The production was well set up and delivered, with actors discussing difficult topics with sensitivity and respect. Our students thoroughly enjoyed the performance and we really enjoyed having you here - will definitely be booking again!” - Teacher

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PEER PRODUCTIONS CHARITY COMPANY REPORT OF THE TRUSTEES for the year ended 31[st] August 2022

Losing It is a new take on sex education for year 9+. This musical play tells the story of a group of 18 year-olds as they look back on their 7 years at secondary school. Developed in partnership with young people from a range of schools, this frank and inclusive large-scale production addresses the questions young people really want answered.

“I absolutely enjoyed this play, I believe it was an extremely powerful and effective way to educate people on sex, as it gives perspective so that people can watch the play with empathy if they feel they can relate to a certain character. I also enjoyed how they included songs for the extra emphasis on giving consent and things alike in the subject of sexual intercourse. I also thought that the roles were played very well, with confidence and pride within the play. Overall I really enjoyed this play and would recommend it to friends and family as it was a good way to get certain message across.” - Student

“The play was very well put together and performed well. It was excellent for the students to hear from adults nearer to their age and for the performance to be so frank. They were able to identify with the experiences for each year group. I particularly liked the inclusion of LGBT+ and how sensitively it was handled. Thank you.” - Teacher

Learning & Outreach

Generation Girls

Generation Girls is a targeted, drama-based empowerment programme for Autistic girls and girls who have learning disabilities, aged 11- 19 years. It is a 10-week project delivered in SEN schools and is designed to increase young women’s confidence talking about themselves, their bodies and their relationships and to ultimately reduce their risk of sexual exploitation. The programme offers sessions on topics including body image and eating disorders, healthy relationships and consent and all aspects of mental health and wellbeing. This year the Generation Girls programme delivered in 6 SEN schools providing 90 hours of workshops with 69 young people taking part.

Multiple factors make this group particularly vulnerable and at risk: - As women they are more likely to experience sexual exploitation and domestic abuse than men. Women aged 16-24 years are most at risk.

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PEER PRODUCTIONS CHARITY COMPANY REPORT OF THE TRUSTEES for the year ended 31[st] August 2022

After taking part in a Generation Girls programme, participants said:

“I am so much more confident than I was before. I loved everything!” “Everyone is beautiful and should love themselves.”

“Consent means saying yes or no to something!”

“I think I realised I’m braver than I thought I was and that I need to give myself a bit more credit for how confident I can be.”

“I’m going to try to let my feelings out more and ask for help when I need it.” “I feel like I can go into a room and talk about periods now. I'm going to smile all day because I understand puberty and periods. I feel like I can talk about it out loud."

Generation Guys

In response to feedback from all our SEN schools this year we also piloted a new Generation Guys project for Autistic young men and young men with learning disabilities. We worked with Gosden House school and male identifying young artists, peer educators and teachers to develop a new programme for this specific cohort ready for delivery in 2022/23.

Holiday Projects

New for this year, we started delivering for Active Surrey’s Holiday Activity and Food Programme.

International Work

Although we continue to hold an ambition to share our ground-breaking peer education through theatre approach on an international stage, we made the decision to put on hold our project in India – LBA – Love Beauty and Attraction in favour of focussing on pressing issues closer to home. The project will continue to be reviewed and we hope that we will be able to complete the final stage of delivery when the time is right.

Surrey Wellbeing Partnership

Peer Productions is part of the Surrey Wellbeing Partnership (SWP), a third sector consortium of 13 charities providing emotional wellbeing and mental health services for children, young people, parents and carers, and professionals across Surrey alongside the NHS, through Mindworks Surrey. Other partners include Barnardo’s, The East to West Trust, The Eikon Charity, Learning Space, Leatherhead Youth Project, The Matrix Trust, NAS Services Ltd (for National Autistic Society), Relate West Surrey, Step by Step Partnership Ltd, Surrey Care Trust, YMCA East Surrey.

SWP focuses on building relationships with children, young people and families, and strengthening links with the wider community to ensure that the emotional wellbeing and mental health needs of young people are met. The partnership implements the THRIVE framework, which is designed around putting the wants and needs of young people first and providing a greater choice of support.

Peer Productions believes that prevention and early intervention is key to helping young people make better choices, improve their mental health, and transform their lives. Our plays and outreach programmes support young people’s mental health and wellbeing by signposting opportunities for clinical and community intervention, teaching about their internal resources for dealing with difficult emotions and situations, and using peer education to help young people make positive life choices.

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PEER PRODUCTIONS CHARITY COMPANY REPORT OF THE TRUSTEES for the year ended 31[st] August 2022

Future Plans

Having established a new home base and developed new partnerships, we end this year excited to be starting delivery of our new Peer Employment Pathway (PEP) for learning disabled actors in September 2022. This will be a unique programme focussed on young artists who have been under-supported in developing their skills to pursue a career in the creative industries.

We are also delighted to have received our first Healthy Activities and Food service level agreement to deliver holiday programmes, and to utilise the facility that our new building offers to support young people through the school holidays.

Finally, following a successful pilot of our new Generation Guys programme, we look forward to delivering this new project fully in 2022/23.

We will continue to work with Surrey Wellbeing Partnership through both our own direct work, and to support infrastructure development of the partnership for the benefit of the mental health and emotional wellbeing of all young people in Surrey.

Our ambitions for the building remain ongoing with plans for feasibility studies and a large-scale capital bid in our future.

Our move coupled with business interruption from Covid-19 means that we face our coming years full of ambition but with our reserves depleted. The Charity sector as a whole is realising the changes in the funding landscape post-pandemic and we are also pivoting our future focus accordingly. A key focus in the next year will be rebuilding our reserves, restructuring our staff team to support our business development, continuing to diversify our funders, developing our longer-term strategic plan, and expanding the skill-base of the Board to ensure that we have the support needed to realise our ambitious plans for the future.

Whilst we live in these continuing uncertain times, Peer will always keep a focus on our mission – always making a difference in the lives of our beneficiaries, employees, volunteers and the wider community.

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PEER PRODUCTIONS CHARITY COMPANY REPORT OF THE TRUSTEES for the year ended 31[st] August 2022

Financial Review

Policy on reserves

Peer Productions is reliant on donations, grants and income from charitable activities (theatre fees and outreach work) to allow it to continue operating over the medium term. To avoid closure if cash flow reduced materially, the Peer Productions Board is committed to establishing reserves that cover three months’ core costs. The reserves will allow staff to continue working to deliver both Peer Productions charitable activities and in order to continue further fundraising to allow operations to continue.

It was decided during this period, to use a portion of the reserves to support the organisation as it emerged from the Covid-19 pandemic, due to reduction in ability to deliver activity and fundraise against it. As at 31st August 2022 unrestricted funds stood at £22,050 which was a decrease of £74,370 over the previous 12 months.

Reserves are built from unrestricted income over a number of years, and building back the reserves is now a priority of the Charity. Once reserves to cover three months core costs are established, the position will be re-assessed with a view to increase the amount further as the Charity expands its reach.

The level of reserves will be kept under review and calculated by the Strategy & Partnerships Director on a quarterly basis. The policy will be reviewed by Peer Productions Board on an annual basis.

Transactions and Financial position

Total incoming resources of £236,058 for the year. This represented a decrease of c12% over the previous year (2021: £269,602). The reduction in income is mainly due to furlough income ending in September 2021 and reduction in specific COVID funding.

Unrestricted income of £143,031 is applied in continuing the Charity’s direct work in promoting and furthering its objectives.

Successful applications in the year saw grant income of £219,411 - an increase of c14% on the previous year (2021: £192,998). Funding was obtained to support training programmes, outreach work, plays, digital projects, and core costs.

During the year, the Charity’s expenditure was £297,081 (2021: £265,592), representing an increase of c12%. The restricted income of the Charity is available only for the specific purposes as determined by the sponsors. The increase in expenditure is mainly due to increase in projects/shows post COVID.

Share capital

The company is limited by guarantee and therefore has no share capital.

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PEER PRODUCTIONS CHARITY COMPANY REPORT OF THE TRUSTEES for the year ended 31[st] August 2022

STATEMENT OF TRUSTEES RESPONSIBILITIES

The Charities and the Companies Acts require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity as at the end of the financial year and of the surplus or deficit of the Charity. In preparing those financial statements, the Board is required to:

The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are also responsible for the contents of the trustees’ report, and the responsibility of the independent examiner in relation to the trustees’ report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.

Method of preparation of accounts

These financial statements have been prepared in accordance with the Statement of Recommended Practice Accounting and Reporting by Charities (issued 2008) and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

This report was approved by the Board of Trustees and signed on their behalf:

Caroline Hoare - Chair

Caroline Hoare

Nina Lemon - Trustee

Date: 23 May 2023

Date: 23 May 2023

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PEER PRODUCTIONS CHARITY COMPANY Independent Examiner’s Report to the Trustees on the Financial Statements for the year ended 31st August 2022

I report on the accounts of the company for the year ended 31st August 2022, which are set out on pages 18 to 31.

Respective responsibilities of trustees and examiner

The Charity’s trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The Charity’s gross income did not exceed £250,000; however the trustees elected that the financial statements be subject to an independent examination. I am qualified to undertake the examination by being a qualified member and member in practice of the Association of Accounting Technicians.

Having satisfied myself that the Charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of Independent Examiner’s report

My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’, and the report is limited to those matters set out in the statement below.

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention:

Yvette How MAAT (MIP), That’s How Accountancy & Bookkeeping, 6 Frailey Close, Maybury, Woking, GU22 8EB

Date: 23 May 2023

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PEER PRODUCTIONS CHARITY COMPANY Statement of Financial Activities for the year ended 31st August 2022

Unrestricted Restricted Total Funds
Notes Funds Funds 2022 2021
£ £ £ £
Income & Endowments:
Donations and legacies 2 - - - 4,204
Charitable activities 3 130,706 92,310 223,016 196,815
Investment income 4 - - 1
Other 5 12,326 716 13,042 68,582
Total Income 143,031 93,026 236,058 269,602
Expenditure:
Raising Funds 6 36,264 - 36,264 27,190
Charitable Activities 7 182,791 78,026 260,817 238,402
Total Expenditure 219,055 78,026 297,081 265,592
Net Income/(Expenditure) (76,023) 15,000 (61,023) 4,010
Transfers between Funds - - - -
Net Movement in Funds (76,023) 15,000 (61,023) 4,010
Total funds as at 1st September 2021 20 96,420 10,000 106,420 102,410
Total Funds as at 31st August 2022 20 20,397 25,000 45,397 106,420

All income and expenditure is derived from continuing activities.

There were no recognised gains or losses other than those shown in the Statement of Financial Activities.

The accompanying notes form part of these financial statements.

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PEER PRODUCTIONS CHARITY COMPANY Balance Sheet As at 31[st] August 2022

Notes
Fixed Assets
14
Current Assets
Debtors
15
Cash at bank and in hand
Liabilities
Creditors: Amounts falling due within one year
16
Net Assets
17
Funds:
Unrestricted
20
Restricted
20
20		 Total
Total
2022
2021
£
£
-
499
36,390
60,846
17,485
66,687
53,874
127,532
(8,478)
(21,611)
45,397
106,420
20,397
96,420
25,000
10,000
45,397
106,420

The directors are satisfied that for the financial year ended 31[st] August 2022 the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006 and under section 144 of the Charities Act 2011.

Under section 145 of the Charities Act 2011 the accounts have been examined by an independent examiner, whose report appears on page 17.

The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect of accounting records and for the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the Board of Trustees on 23 May 2023 and were signed on its behalf by:

Caroline Hoare

Caroline Hoare, Chair

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The notes form part of the financial statements

PEER PRODUCTIONS CHARITY COMPANY Notes to the Financial Statements for the year ended 31[st] August 2022

1. ACCOUNTING POLICIES

Basis of Preparation of Accounts

The financial statements of the Charity, which is a public benefit entity, have been prepared in accordance with the Charities SORP (FRS102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Ireland (effective 1[st] January 2015) (the SORP), Financial Reporting Standard 102 (FRS102) and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the charitable company qualifies as a small charitable company.

Fund accounting

Restricted Funds are those received for undertaking an activity specified by the donor when making the gift. The Charity makes an administrative charge for the operation of some restricted funds, which is included in the cost of raising funds. The amounts for administration are also shown as restricted fund expenditure.

General Funds are unrestricted funds given freely to the Charity that can be applied at the discretion of the Trustees in accordance with the objectives of the Charity. Designated Funds are funds set aside by the Trustees out of the unrestricted funds for specific purposes. The Trustees can un-designate such funds at their discretion.

Income

All income including donations is included in the Statement of Financial Activities where the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. All grants and contractual payments are included on a receivable basis. Contractual income is recognised as performance obligations are satisfied. Grant income with performance related conditions received in advance of delivering specified services, or income with a time restriction placed on it by the donor, is deferred until the donor stipulated criteria are met. Income is also deferred if it is probable it could become refundable or if it is received in advance for a future accounting period.

No amount has been included for services donated by volunteers. Where out of pocket travel and other expenses have been reimbursed to volunteers, these costs are included in the accounts.

Expenditure

Expenditure is recognised on an accruals basis and allocated to the appropriate heading in the accounts.

Charitable activities expenditure enables Peer Productions to meet its aims and objectives for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Expenditure on raising funds includes the direct costs of fundraising activities and freelance fundraiser fees.

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PEER PRODUCTIONS CHARITY COMPANY Notes to the Financial Statements for the year ended 31[st] August 2022

Governance costs are those costs associated with meeting the constitutional and statutory requirements of the Charity and include independent examination fee and costs linked to the strategic management of the Charity.

Support costs are those costs which enable raising funds and charitable activities to be undertaken. These costs include finance, human resources, premises, IT, legal and governance costs.

Tangible Fixed Assets

Tangible assets under £1,500 are written off to expenditure in the year of purchase. One asset was purchased during the year and this has been allocated to the balance sheet.

Debtors

Debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Creditors

Creditors are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount after allowing for any trade discounts due.

Taxation

The Charity is exempt from corporation tax on its charitable activities under Part 1 Schedule 6 Finance Act 2010.

Pension costs

Since 1[st] May 2017 The Charity has incurred costs in relation to the defined contribution scheme, operated by NEST, which are included in staff pension costs. The contributions are in line with current legislation; 3% Employer’s and 5% Employee’s. Costs recognised are equivalent to the contributions in the period on an accruals basis and any unsettled amounts are included in other creditors.

Deferred grants

Grants which relate to a specific time period are recognised evenly over the relevant years.

Transfer between funds

Trustees have the authority to transfer monies out of the general funds into the restricted funds when required. With the fund holder’s permission, the Trustees have the authority to make transfers from one restricted fund to another.

21

PEER PRODUCTIONS CHARITY COMPANY Notes to the Financial Statements for the year ended 31[st] August 2022

2. Donations

Donald Forrester Trust Unrestricted
Restricted
Total
Total
General Fund
Funds
2022
2021
£
£
£
£
-
-
-
4,000
-
-
-
10
Just Giving
Local Giving
Paypal
All of the £4,204 received in 2021 was unrestricted funds		 -
-
-
48
-
-
-
146
-
-
-
4,204

22

PEER PRODUCTIONS CHARITY COMPANY Notes to the Financial Statements for the year ended 31[st] August 2022

3. Income from charitable activities – Grants and Funding

Unrestricted
Restricted
Total
Total
General Fund
Funds
2022
2021
£
£
£
£
AKO Foundation
32,825
-
32,825
17,675
Arts Council England
-
-
-
3,448
Beacon Lodge Trust 'As I See IT'
-
-
-
6,000
Berkshire Community Foundation 'Generation Girls'
-
5,000
5,000
3,500
Britford Bridge Trust
-
-
-
5,000
Claremont Fan Court School 'Hidden'
-
1,000
1,000
-
Children in Need 'Generation Girls'
-
-
-
10,000
Children in Need 'Generation Girls Online'
-
-
-
3,000
Comic Relief Community Fund & Groundwork 'Space Betwe
-
2,000
2,000
3,000		 Unrestricted
Restricted
Total
Total
General Fund
Funds
2022
2021
£
£
£
£
AKO Foundation
32,825
-
32,825
17,675
Arts Council England
-
-
-
3,448
Beacon Lodge Trust 'As I See IT'
-
-
-
6,000
Berkshire Community Foundation 'Generation Girls'
-
5,000
5,000
3,500
Britford Bridge Trust
-
-
-
5,000
Claremont Fan Court School 'Hidden'
-
1,000
1,000
-
Children in Need 'Generation Girls'
-
-
-
10,000
Children in Need 'Generation Girls Online'
-
-
-
3,000
Comic Relief Community Fund & Groundwork 'Space Betwe
-
2,000
2,000
3,000
Community Foundation for Surrey 'Mind Games'
Community Foundation for Surrey 'Losing It'
DWF Foundation 'Hidden'
D'Oyly Carte Charitable Trust 'Peer Actor Development'
Enterprise Development Fund 'Digital Hidden'
Epsom College 'Gender Day'
Garfield Weston 'As I See It. Losing It & Masking'
Harold Hyam Wingate Foundation
Heathrow Community Fund
Heathrow Community Trust 'Hidden'
Henry Smith Charity via Community Foundation for Surrey
'Generation Guys'
Herefordshire Community Foundation		 -
-
-
7,000
-
10,000
10,000
-
1,500
1,500
-
-
4,000
4,000
-
-
12,770
12,770
7,285
-
-
-
3,000
-
15,000
15,000
-
-
-
-
5,000
-
-
-
2,500
-
483
483
4,343
-
10,000
10,000
-
-
-
-
1,500
High Sheriff Youth Awards 'Losing It'
Jancett Childcare & JACE Training
Pilgrim Trust 'Generation Girls'		 -
5,000
5,000
1,000
34,528
-
34,528
31,663
-
7,000
7,000
Postcode Society 'As I See It'
Surrey Chambers 'Kickstart'
Surrey County Council - Children, Families, Lifelong Learning &
Culture (PEP)
Surrey County Council 'Summer School'		 -
-
-
10,000
11,116
1,500
12,616
8,925

3,000
-
3,000
-
-
11,656
11,656
-
Syder Foundation
Sylivia Waddilove 'As I See It'		 -
-
-
2,000
-
-
-
1,000
The Surrey Wellbeing Partnership
Thomas Wall Trust 'Generation Guys'
Warbuton's Foundation 'Hidden'
Total		 45,632
-
45,632
56,159
-
5,000
5,000
-
-
400
400
-
127,101
92,310
219,411
192,998

Of the £192,944 received in 2021, £116,371 was unrestricted funds and £76,574 was restricted funds.

23

PEER PRODUCTIONS CHARITY COMPANY Notes to the Financial Statements for the year ended 31[st] August 2022

3. Income from charitable activities – Theatre Show and Outreach Work

Unrestricted
Restricted
Total
Total
General Fund
Funds
2022
2021
£
£
£
£
Theatre Fees & Shows
Outreach Work		 1,605
-
1,605
3,750
2,000
-
2,000
120
3,605
-
3,605
3,870

All of the £3,870 received in 2021 was unrestricted funds

4. Investment income

Bank Interest Unrestricted
Restricted
Total
Total
General Fund
Funds
2022
2021
£
£
£
£
-
-
-
1

5. Other income

HMRC rebate 'Theatre Tax Relief Scheme'
HMRC Coronovirus Job Retention Scheme
Other Income		 Unrestricted
Restricted
Total
Total
General Fund
Funds
2022
2021
£
£
£
£
9,110
-
9,110
10,339
3,075
3,075
58,243
141
716
858
-
12,326
716
13,042
68,582

Included in other income is a grant from Surrey Members' Community Allocation towards radiators. The HMRC Coronavirus Job Retention Scheme is for September 2021 claim.

6. Cost of raising funds

Staff Costs
Fundraising Consultancy Fees		 Direct
Support
Total
Total
Costs
Costs
2022
2021
£
£
£
£
27,724
-
27,724
20,518
3,096
-
3,096
3,255
Printing, Publicity & Advertising 5,444
-
5,444
3,416
36,264
-
36,264
27,190

All of the £27,190 expended in 2021 was unrestricted funds. The increase in costs is due to increase in hours, salaries and a rise in costs post COVID.

24

PEER PRODUCTIONS CHARITY COMPANY Notes to the Financial Statements for the year ended 31[st] August 2022

7. Expenditure on charitable activities

Direct
Support
Total
Total
Costs
Costs
2022
2021
£
£
£
£
Peer Productions Core Services
Cohort - Education/Training Development
Outreach Work/Shows
Theatre Shows		 42,244
42,700
84,944
72,765
59,376
2,813
62,189
58,860
47,246
2,683
49,929
46,946
60,401
3,354
63,755
59,832
209,267
51,550
260,817
238,403

The increase in costs is due to increase in hours, salaries, part-time staff and a rise in costs post COVID.

8. Analysis of direct costs

Raising
Charitable
Total
Total
Funds
Activities
2022
2021
£
£
£
Staff Costs
Consultancy Fees
Recruitment
Artistic Consumables
Non Capitilised Equipment		 27,724
141,758
169,481
136,724
3,096
34,308
37,404
40,042
-
770
770
579
-
20,176
20,176
21,873
-
1,527
1,527
1,527
Advertising 5,444
-
5,444
3,416
Staff Training
Student Training		 -
914
914
857
-
1,169
1,169
3,729

Staff Travel		 -
129
129
144
Student travel/mileage
Van Fuel
Moderation Fees
Website/Promotion
Subscriptions
Stationery		 1,565
1,565
433
-
-
-
51
-
4,751
4,751
4,418
-
-
29
-
2,105
2,105
5,969
-
94
94
838
36,264
209,266
245,531
220,629

25

PEER PRODUCTIONS CHARITY COMPANY Notes to the Financial Statements for the year ended 31[st] August 2022

9. Analysis of support costs

9.
Analysis of support costs
Raising
Charitable
Total
Total
Funds
Activities
2022
2021
(incl. Governance)
£
£
£
£
-
15,764
15,764
14,752
-
2,567
2,567
-
-
43
43
79
-
1,461
1,461
942
9,211
9,211
-
-
4,635
4,635
7,500
-
3,028
3,028
2,835
-
305
305
932
-
764
764
521
-
4,797
4,797
7,665
-
2,940
2,940
1,560
-
-
-
256
-
59
59
771
-
726
726
1,292
-
206
206
-
-
206
206
101
-
87
87
71
-
2,528
2,528
2,549
-
1,727
1,727
2,138
499
499
999
Staff Costs
Staff Training
Staff Travel
Staff Welfare
Charity Relocation of HQ Costs
Rent & Rates
Insurance
Accountancy
Subscriptions
IT
Professional Fees
Web Design/hosting
Postage
Telephone
Stationery
Printing
Bank Charges
Governance Costs (see note 10)
Van Maintenance incl tax & insurance
Van depreciation
-
51,550
51,550
44,963

10. Governance costs

11.
Net income/(expenditure)
Unrestricted
Restricted
Funds
Funds
£
£
Independent Examiners Fee
2,315
-
Legal & Professional Fees
13
-
Annual Report
200
-
Total
2,528
-
Net income/(expenditure) for the year is stated after charging:
Independent Examiners' Remuneration		 Total
Total
2022
2021
£
£
2,315
2,100
13
13
200
436
2,528
2,549
2022
2021
2,315
2100

26

PEER PRODUCTIONS CHARITY COMPANY Notes to the Financial Statements for the year ended 31[st] August 2022

12. Trustees’ remuneration and benefits

Trustees Remuneration

The trustees neither received nor waived any emoluments during the year (2021: £Nil).

Trustees Expenses

No trustees were reimbursed during the year 2021/22. (2020/21: £Nil).

13. Staff Costs

Wages & Salaries
Employer's NI Costs
Staff pension Costs		 2022
2021
£
£
173,534
142,785
8,626
6,199
3,086
2,493
185,246
151,477

There was no employee whose emoluments as defined for taxation purposes amounted to over £60,000 in either year.

The increase in wages and salaries is due to increased hours, salary increases and employing part-time workers to implement new projects/shows post COVID. Since 1st May 2017 the Charity has incurred costs in relation to the defined contribution scheme, operated by NEST, which are included in staff pension costs. The contributions are in line with current legislation, 3% Employer and 5% Employee.

The average number of employees, calculated on a part-time and full-time basis, analysed by function was:

Direct charitable activities
Raising funds
Management & administration		 2022
2021
No.
No.
6
5
1.2
1.2
1.5
1.5
8.7
7.7

Two employees were volunteers on the Board of Trustees

27

PEER PRODUCTIONS CHARITY COMPANY Notes to the Financial Statements for the year ended 31[st] August 2022

14. Tangible Fixed Assets

Cost
At 1 September 2021
Depreciation
At 31 August 2021
Plus depreciation for the year
At 31 August 2022
Net Book Value
At 31 August 2021
At 31 August 2022		 Vehicles
£
3,495
2,997
498
3,495
498
-

15. Debtors

Trade Debtors
Other Debtors
Prepayments and Accrued income		 2022
2021
£
£
9,040
33,851
126
15,614
27,224
11,381
36,390
60,846

16. Creditors: Amounts falling due within one year

Trade Creditors
Accruals and Deferred Income
Social Security costs		 2022
2021
£
£
2,388
10,666
6,090
10,945
-
-
8,478
21,611

28

PEER PRODUCTIONS CHARITY COMPANY Notes to the Financial Statements for the year ended 31[st] August 2022

17. Analysis of Net Assets between Funds

2022
Fixed Assets
Current Assets
Current Liabilities		 Unrestricted Designated
Restricted
Total
General Fund
Funds
Funds
2022
£
£
£
£
-
-
-
-
28,874
-
25,000
53,874
(8,478)
-
-
(8,478)
20,397
-
25,000
45,397

Comparative information for the analysis of net assets between funds in the previous year is follows:

2021
Fixed Assets
Current Assets
Current Liabilities		 Unrestricted Designated
Restricted
Total
General Fund
Funds
Funds
2021
£
£
£
£
499
-
-
499
117,532
-
10,000
127,532
(21,611)
-
-
(21,611)
96,421
-
10,000
106,420

18. Related party transactions

There were no related party transactions during the year or the previous year.

19. Capital commitments

There were no capital commitments at the year-end or the previous year.

29

PEER PRODUCTIONS CHARITY COMPANY Notes to the Financial Statements for the year ended 31[st] August 2022

20. Movement in Funds

2022
Unrestricted Funds:
General Fund
Restricted Funds:
Berkshire Community Foundation ' Generation Girls'
Claremont Fan Court School 'Hidden'
Comic Relief Community Fund & Groundwork 'Space Between'		 Balance
Incoming
Outgoing Transfers
Balance
01-Sep-21 Resources Resources
31-Aug-22
£
£
£
£
£
96,420
143,031
219,055
-
20,397
-
5,000
-
-
5,000
1,000
1,000
-
-
-
2,000
2,000
-
-
Community Foundation for Surrey 'Losing It' -
10,000
10,000
-
-
DWF Foundation 'Hidden'
D'Oyly Carte Charitable Trust 'Peer Actor Development'
Enterprise Development Fund 'Digital Hidden'
Garfield Weston 'As I See It/Losing It/Masking'		 -
1,500
1,500
-
-
-
4,000
4,000
-
-
12,770
12,770
-
-
-
15,000
-
-
15,000
Heathrow Community Trust 'Hidden' -
483
483
-
-
Henry Smith Charity via Community Foundation for Surrey
'Generation Guys'		 -
10,000
5,000
-
5,000
High Sheriff Youth Awards 'Losing It'
Pilgrim Trust 'Generation Girls'
 -
5,000
5,000
-
-
-
7,000
7,000
-
-
Postcode Society 'As I See It' 10,000
-
10,000
-
-
Surrey Chambers 'Kickstart' -
1,500
1,500
-
-
Surrey County Council 'Summer School' -
11,656
11,656
-
-
Thomas Wall Trust 'Generation Guys' -
5,000
5,000
-
-

Warbuton's Foundation 'Hidden'		 -
400
400
-
-
Sub Total Restricted Funds 10,000
92,310
77,310
-
25,000
106,420
235,341
296,364
-
45,397
Total All Funds

The purpose of each restricted fund is as described above, and the individual projects, shows and activities are set out in the Trustees’ Report.

30

PEER PRODUCTIONS CHARITY COMPANY Notes to the Financial Statements for the year ended 31[st] August 2022

20. Movement in Funds cont’d

2021
Unrestricted Funds:
General Fund
Restricted Funds:
Beacon Lodge Trust 'As I See It'
Berkshire Community Foundation
Britford Bridge Trust		 Balance
Incoming Outgoing Transfers
Balance
01-Sep-20ResourcesResources
31-Aug-21
£
£
£
£
£
81,410
193,028
178,018
-
96,420		 Balance
Incoming Outgoing Transfers
Balance
01-Sep-20ResourcesResources
31-Aug-21
£
£
£
£
£
81,410
193,028
178,018
-
96,420
-
6,000
-
3,500
-
5,000		 6,000
-
-
3,500
-
-
5,000
-
-
Children in Need 'Generation Girls' -
10,000		 10,000
-
-
Children in Need 'Generation Girls Online' -
3,000		 3,000
-
-
Community Foundation for Surrey 6,000
7,000		 13,000
-
-
Enterprise Development Fund
Epsom College 'Gender Day'
Garfield Weston 'Hidden/Losing It/That Guy'
Groundwork - Equipment
Groundwork 'Mind Games'
Harold Hyam Wingate Foundation
Heathrow Community Fund		 -
7,285
-
3,000
3,000
-
-
946
-
2,000
-
5,000
-
2,500		 7,285
-
-
3,000
-
-
3,000
-
-
946
-
-
2,000
-
-
5,000
-
-
2,500
-
-
Heathrow Community Trust 'Hidden'
Herefordshire Community Foundation		 -
4,343
-
1,500		 4,343
-
-
1,500
-
-
High Sheriff Youth Awards 'Together Alone' -
1,000		 1,000
-
-
Postcode Society -
10,000		 -
-
10,000
Surrey Chambers 'Kickstar' & IT/Training -
1,500		 1,500
-
-
Surrey Education T20 12,000 12,000
-
-

Syder Foundation
Sylivia Waddilove 'A20		 -
2,000
-
1,000		 2,000
-
-
1,000
-
-
Sub Total Restricted Funds 21,000
76,574		 87,574
-
10,000
Total All Funds 102,410
269,602		 265,592
-
106,420

31