## **TEATRO VIVO LTD FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022**
||Company Information|
|---|---|
|**Directors**|Catherine Hooper|
||Naomi Winston|
||Jayson Harris|
||Anne Biggs|
||Sarah Edwards|
||Shani Crawford (Appointed 22/11/21)|
||Pippa Davis (Appointed 5/1/22 resigned|
||18/10/22)|
||Frances Pilcher (Resigned 27/4/21)|
|**Registered Company number**|08232132 (England and Wales)|
|**Registered Charity number**|1151584|
|**Registered office**|129 Perry Rise|
||London|
||SE23 2QU|
|**Bank**|HSBC Bank plc|
||85 Lewisham High Street|
||Lewisham|
||London|
||SE13 6BE|
|**Reporting accountants**|Mark Blackwell|
||Minster House,|
||126a High St,|
||Whitton,|
||Twickenham,|
||Middlesex,|
||TW2 7LL|
## **Contents**
**Page**
## **OUR PURPOSES AND ACTIVITIES**
## **Summary of the charity’s objectives set out in its governing document**
To advance the arts for the public benefit by the promotion in particular, but not exclusively, of the art of drama.
_“For Teatro Vivo, what can be no-go areas simply become one more adventure to add to the story so far. Almost anywhere is a possible stage for this most creative of theatre groups. The challenge they set themselves is to break free of tradition, reinterpret the classics and collaborate with their often youthful audience. It is a conspiracy to entertain and provoke that invites the onlooker to be co-conspirator. Absolutely not the West End.”_ **The Guardian**
## **THEATRE WHERE YOU LEAST EXPECT IT**
Teatro Vivo is a critically acclaimed theatre company making playful and exciting
immersive shows in unusual spaces.
We tell stories in surprising ways – bringing Shakespeare to supermarkets, exploring The Odyssey on the streets of Deptford, or exposing the truth behind the British arms trade in public squares.
## **HOW WE WORK**
Narrative & People are at the core of our work, whether as audiences going on an adventure led by our highly skilled collective of immersive performers, or as community participants working alongside them to learn new skills and make new connections, or the friends we make in the locations in which we perform – many of whom have little to no contact with the Arts in their everyday lives.
## **TEATRO VIVO AIMS TO:**
- Shine a light on forgotten or neglected places and spaces, bringing high quality and exciting theatre to parts of London and the UK that might not normally experience it.
- Embed ourselves in every location in which we perform – collaborating with local people, businesses and organisations and rehearsing in public whenever possible
- Offer opportunities for community participants to work alongside our professional company, learning new skills and creating connections across often divided communities
- Make immersive work accessible to all: All our shows are designed to be wheelchair friendly and we have specialist stewards available to act as personal guides to any audience member with additional needs.
2
## **Our Activities**
1.Performing plays in public, non-theatre spaces, to enable us to engage people who wouldn’t necessarily go to the theatre.
2.Challenging audiences with work that presents views and ideas which they may not previously have encountered/considered.
3.Running events, such as workshops and gigs in the heart of local communities, giving local residents access to high-quality artists they would otherwise have to travel to experience.
4.Giving free participation opportunities to local residents to engage with our shows as ‘Community Choruses’, recruiting, training and supporting them to perform alongside professional actors as actors, singers and musicians.
5.Providing a valuable service to local public bodies and businesses by supplying “street character” actors to help organisations publicise their activities and gain audience feedback (clients include Lewisham Council and Greenwich University)
6.Rehearsing in the public spaces we perform in to become embedded in the local community.
7.Collaborating with artists from all fields of work, not just the theatre, to enhance the quality, range and diversity of work we present to audiences.
_“Working with Teatro Vivo and community chorus colleagues has improved my self confidence, my self esteem, my speaking voice and I feel a small part of a group that is seeking to achieve something I have long wished for. I’m humbled for what they have done for me and I’m proud and delighted to see what they’re doing for the community”_ _**Community Chorus participant.**_
Teatro Vivo’s activities are undertaken to further the charity’s purposes for the public benefit.
The Trustees have had regard to Charity Commission guidance on public benefit.
3
## **Directors**
The Directors during the period (who are also trustees for the purposes of charity law) were as follows:
Naomi Winston
Catherine Hooper Jayson Harris Anne Biggs Sarah Edwards Shani Crawford (Appointed 22/11/21) Pippa Davis (Appointed 5/1/22) Frances Pilcher (Resigned 27/4/21)
## **Operational Team**
Mark Stevenson – Joint Artistic Director Kas Darley – Joint Artistic Director
**----- Start of picture text -----**
"Since 2015, Teatro Vivo have delivered a programme of work
that has developed meaningful collaborations between
organisations across Lewisham, facilitated resident involvement
with issues that affect their lives, strengthened local area
partnerships and increased the opportunities for local people to
engage with the arts as both spectators and active participants."
Lewisham Council
**----- End of picture text -----**
## **SUMMARY OF THE MAIN ACHIEVEMENTS OF THE CHARITY DURING THE YEAR**
## **Artistic Director’s Summary**
This year has been a year of re-emergence, with Coronavirus still causing issues for our industry, but we ended the year hopeful that the worst had past and proud of all we’ve managed to achieve given the difficulties for our industry throughout the pandemic.
We were lucky to receive support from the Arts Council/DCMS in the form of a grant from the Culture Recovery Fund in Spring 2021. This funding not only helped us to reinflate our reserves which had been hit during the period of lockdowns and restrictions on our industry, but also allowed us to stage a number of small, free, outdoor events in the heart of the
communities in which we serve – Lewisham and West Dorset – to maintain connections with our audiences and provide much needed entertainment and cultural joy at a time when we had been isolated from each other for so long. Being so agile allowed us to create some of the first in person shows out of the pandemic – and equity asked to borrow our guidelines for best practice to share with the industry at large.This also included an in-person professional development workshop for our freelancers – bringing to an end the ongoing workshops we’d offered during the pandemic.
As the country began to open up fully, in late Spring of 2021, we were finally able to stage our first full scale Dorset show - with funding received pre-pandemic from Dorset Performing Arts Fund. _Ondine_ combined the myth of the sea nymph who wanted to be human and the legends and tales of St. Catherine’s Chapel in Abbotsbury, with audiences following an enchanted route in small socially distanced groups around this beautiful village on the Jurassic Coast. On their quest they met characters, singers, musicians, acrobats and mischievous imps who helped (or hindered) them with their task – helping Ondine to find love.
In the Winter months we returned to our first home in Lewisham, to run a programme of ‘Creative Happenings’ (Funded by Shapes Lewisham and Creative Enterprise Zones). This programme of free events in the centre of Forest Hill allowed us to champion and showcase local musicians, singers, poets and performers, as well as offering local residents the chance to attend workshops in creative areas such as performing Shakespeare and creative writing. The programme culminated in a pilot performance of Teatro Vivo’s brand new immersive show ‘The Maze’, a punk take on the Dangerous Liaisons story that we will be bringing to full production in 2022/23
Faery Den – our interactive family show – appeared at Camp Bestival in Dorset in the summer.
We were also delighted to end the financial year halfway through our time as ‘Artists of Change’ for London Borough of Culture. Commissioned by Lewisham Council to be embedded in their ‘Climate Resilience Team’ for the first 6 months of 2022, we have been observing, challenging and bringing new ways of thinking to the Council’s work, before heading out onto the streets of Lewisham to speak to people across the Borough to understand their thoughts on climate change and environmental issues. We will work with 19 community groups (one for each ward in the borough) before creating a show that will perform in public spaces Borough wide, that will be inspired by everything we’ve seen and heard.
Alongside these headline projects, our 2-hander show ‘The Regulars’ has been touring rural pubs all over the country – bringing Teatro Vivo’s trademark style to completely new audiences (many of whom are not theatre-goers) in rural areas
We collaborated with _Jenifer Toksvig and the ADHD Hive to develop ‘The Broad Cloth’ – an online interactive show exploring access requirements for those with ADHD. This involved developing on-line gaming processes tested by ADHD participants that were mixed with live interactive sessions as part of a longitudinal R&D. The piece resulted in a new access document being created that is currently influencing thinking at The National Theatre and Shakespeare’s Globe._
At the end of this transitional financial year, whilst still being mindful of the post-pandemic
issues affecting us along with everyone else in our industry, we find ourselves optimistic for the future: We are creatively inspired, truly engaged with our communities and enabling our work to reach further than ever before.
“I was so glad to be able to come today, to work with people I already know and some new people, and to do what I have not done for over 18 months: just flex my creative muscles to no specific end.... well, the end being to try to be match fit, I suppose, or to remember why I live this peculiar life. It has done me the world of good creatively and personally, just to play and try new things” – Creative Freelancer we worked with during the year.
All of the above couldn’t have been possible without our funders:
Arts Council of England Local Assemblies Lewisham Big Lottery Arnold Clark Community Fund National Centre for Writing Dorset Community Grants
## **Kas Darley and Mark Stevenson Joint Artistic Directors, Teatro Vivo**
5
## **Aims for 2022/23**
Creative
- For our show for London Borough of Culture to have as wide a reach as possible, and to really demonstrate best practice in terms of working alongside a public body (in this case Lewisham Council)
- To stage a run in both Dorset and London of our new show ‘The Maze’, using a retail or office space on a town centre high street
- To have funding in place for our next environmental activism show ‘Common’ which we hope will follow on from our work for ‘Borough of Culture’ and keep the community groups and participants we’ve worked with on that project engaged with Teatro Vivo.
## Organisational Development
- To diversify our income, particularly by working on our ‘corporate’ income stream through bespoke pieces of work for businesses and offers to the wedding/events market
- To fundraise to employ a part-time executive director to take on the strategic and funding development of Teatro Vivo, as well as freeing up time for the Artistic Directors.
- To continue to grow our community links in Dorset, and to cement the links we have in Lewisham, with the formation of ongoing community workshops, allowing us to make work with local people involved from the outset
- To convert range to ticket sales with the help of a part time social media manager
6
"This was superb. Great site specific piece. Brilliantly performed. I am speechless." "I loved it. Funny, dramatic, immersive and inspirational. Had to hold back tears there at the end for a brief moment. Because I love stories."
**Audiences From The Regulars**
Teatro Vivo’s Year in Numbers
|Teatro Vivo Reach|Participants|Audience(approx)|Artists/freela
ncers|
|---|---|---|---|
|Online Freelancer workshop|15|0|1|
|Free aerial show in West Bay|0|230|6|
|In person workshop for
professionals|7|0|2|
|Ondine|34|320|12|
|Tales from the Common|9|43|11|
|FaeryDen at CampBestival|0|45|3|
|Inn Crowd Rehearsal week|0|0|3|
|Maze R&D Week|0|0|7|
|Inn Crowd final rehearsals|0|8|4|
|Inn Crowd shows(4)|0|138|4|
|Schools Workshop|30|0|1|
|Inspire Lewisham Event at
Lewisham College|43|0|1|
|Creative Happenings Events|0|203|7|
|Creative Happenings workshops|43|0|4|
|Artists of Change research/Climate
meetings|278|0|2|
|---|---|---|---|
|The Maze|1|127|7|
|Broad Cloth|62|12|19|
|Artists of Change Usherettes|563|0|16|
|||||
|Total|1085|1126|110|
For year 21/22:
**Twitter** : 2,997 Followers
**Facebook** : , 895 Likes, estimated reach: 43M – 51M
## **Instagram: 644 followers**
**Website Page Views in the Year** : 3638 from 2,631 different users
**Email list subscribers:** 1196
**REGISTERED COMPANY NUMBER: 08232132 (England and Wales) REGISTERED CHARITY NUMBER: 1151584**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **FOR**
## **Teatro Vivo Ltd**
**(A Company Limited by Guarantee)**
MHR Consultancy Limited Ferneberga House Alexandra Road Farnborough GU14 6DQ
**Teatro Vivo Ltd**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**||1||
|**Independent Examiner's Report**||2||
|**Statement of Financial Activities**||3||
|**Balance Sheet**||4||
|**Notes to the Financial Statements**|5|to|8|
|**Detailed Statement of Financial Activities**||9||
**Teatro Vivo Ltd**
**REPORT OF THE TRUSTEES for the Year Ended 31 March 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 31 March 2022. The trustees have adopted the provisions of 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
To advance the arts for the public benefit by the promotion in particular, but not exclusively, of the art of drama.
## **Significant activities**
Performing plays in public, non theatre spaces, to enable us to engage people who wouldn't necessarily go to the theatre. Challenging audiences with work that presents views and ideas which they may not previously have encountered/considered.
Running events, such as workshops and gigs in the heart of local communities, giving local residents access to high quality artists they would otherwise have to travel to experience.
Giving free participation opportunities to local residents to engage with our shows as 'Community Choruses', recruiting, training and supporting them to perform alongside professional actors as actors, singers and musicians.
Providing a valuable service to local public bodies and businesses by supplying "street character" actors to help organisations publicise their activities and gain audience feedback (clients include Lewisham Council and Greenwich University)
Rehearsing in the public spaces we perform in to become embedded in the local community.
Collaborating with artists from all fields of work, not just the theatre, to enhance the quality, range and diversity of work we present to audiences.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
08232132 (England and Wales)
## **Registered Charity number**
1151584
## **Registered office**
129 Perry Rise London SE23 2QU
## **Trustees**
A Biggs S J Edwards J Harris C M Hooper F L Pilcher (resigned 27.4.21) N E L Winston S Crawford (appointed 22.11.21) P Davis (appointed 5.1.22)
## **Independent Examiner**
MHR Consultancy Limited Ferneberga House Alexandra Road Farnborough GU14 6DQ
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
............................................................................................ S J Edwards - Trustee
Page 1
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TEATRO VIVO LTD**
## **Independent examiner's report to the trustees of Teatro Vivo Ltd ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mark B Blackwell (ACMA) MHR Consultancy Limited Ferneberga House Alexandra Road Farnborough GU14 6DQ
Date: .............................................
Page 2
**Teatro Vivo Ltd**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **for the Year Ended 31 March 2022**
|||||31.3.22|31.3.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|£|£|£|£|
|**INCOME AND ENDOWMENTS FROM**||||||
|Donations and legacies||10,914|-|10,914|11,318|
|**Charitable activities**||||||
|General||3,000|39,396|42,396|39,570|
|Other trading activities|2|199|-|199|-|
|Investment income|3|2|-|2|9|
|**Total**||14,115|39,396|53,511|50,897|
|**EXPENDITURE ON**||||||
|**Charitable activities**||||||
|General||39,641|35,452|75,093|37,217|
|**NET INCOME/(EXPENDITURE)**||(25,526)|3,944|(21,582)|13,680|
|**Transfers between funds**|8|19,929|(19,929)|-|-|
|**Net movement in funds**||(5,597)|(15,985)|(21,582)|13,680|
|**RECONCILIATION OF FUNDS**||||||
|Total funds brought forward||15,836|16,338|32,174|18,494|
|**TOTAL FUNDS CARRIED FORWARD**||10,239|353|10,592|32,174|
The notes form part of these financial statements
**Teatro Vivo Ltd**
## **BALANCE SHEET**
## **31 March 2022**
|||||31.3.22|31.3.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|£|£|£|£|
|**CURRENT ASSETS**||||||
|Cash at bank||11,175|353|11,528|34,292|
|**CREDITORS**||||||
|Amounts falling due within one year|7|(936)|-|(936)|(2,118)|
|**NET CURRENT ASSETS**||10,239|353|10,592|32,174|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**||10,239|353|10,592|32,174|
|**NET ASSETS**||10,239|353|10,592|32,174|
|**FUNDS**|8|||||
|Unrestricted funds||||10,239|15,836|
|Restricted funds||||353|16,338|
|**TOTAL FUNDS**||||10,592|32,174|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. S J Edwards - Trustee
............................................. N E L Winston - Trustee
The notes form part of these financial statements
**Teatro Vivo Ltd**
**NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2.**
## **3.**
## **4.**
## **OTHER TRADING ACTIVITIES**
|||31.3.22|31.3.21|
|---|---|---|---|
|||£|£|
|Other Trading Activities||199|-|
|**INVESTMENT INCOME**||||
|||31.3.22|31.3.21|
|||£|£|
|Interest receivable - trading||2|9|
|**INCOME FROM CHARITABLE ACTIVITIES**||||
|||31.3.22|31.3.21|
||Activity|£|£|
|Grants|General|42,396|39,570|
|Grants received, included in the above, are as follows:||||
|||31.3.22|31.3.21|
|||£|£|
|Arts Council of England||30,396|19,500|
|Local Assemblies Lewisham||10,000|-|
|Big Lottery||2,000|-|
|National Centre for Writing||-|2,250|
|Dorset Community Grants||-|17,820|
|||42,396|39,570|
Page 5
continued...
**Teatro Vivo Ltd**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022**
## **5.**
## **TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **Trustees' expenses**
There were £98 of trustees' expenses paid for the year ended 31 March 2022 in relation to travel cost, Nil for the year ended 31 March 2021.
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
## **7.**
## **8.**
|||Unrestricted|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
|||fund||fund|funds|
|||£||£|£|
|**INCOME AND ENDOWMENTS FROM**||||||
|Donations and legacies||8,450||2,868|11,318|
|**Charitable activities**||||||
|General||12,150||27,420|39,570|
|Investment income|||9|-|9|
|**Total**||20,609||30,288|50,897|
|**EXPENDITURE ON**||||||
|**Charitable activities**||||||
|General||23,267||13,950|37,217|
|**NET INCOME/(EXPENDITURE)**||(2,658)||16,338|13,680|
|**RECONCILIATION OF FUNDS**||||||
|Total funds brought forward||18,494||-|18,494|
|**TOTAL FUNDS CARRIED FORWARD**||15,836||16,338|32,174|
|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||||
|||||31.3.22|31.3.21|
|||||£|£|
|Accrued expenses||||936|2,118|
|**MOVEMENT IN FUNDS**||||||
|||Net||Transfers||
|||movement||between|At|
|At|1.4.21|in funds||funds|31.3.22|
||£|£||£|£|
|**Unrestricted funds**||||||
|General fund|15,836|(25,526)||19,929|10,239|
|**Restricted funds**||||||
|Restricted|16,338|3,944||(19,929)|353|
|**TOTAL FUNDS**|32,174|(21,582)||-|10,592|
Page 6
continued...
**Teatro Vivo Ltd**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022**
## **8. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
||||£|£|£|
|**Unrestricted funds**||||||
|General fund|||14,115|(39,641)|(25,526)|
|**Restricted funds**||||||
|Restricted|||39,396|(35,452)|3,944|
|**TOTAL FUNDS**|||53,511|(75,093)|(21,582)|
|**Comparatives for movement in funds**||||||
|||||Net||
|||||movement|At|
||||At 1.4.20|in funds|31.3.21|
||||£|£|£|
|**Unrestricted funds**||||||
|General fund|||18,494|(2,658)|15,836|
|**Restricted funds**||||||
|Restricted|||-|16,338|16,338|
|**TOTAL FUNDS**|||18,494|13,680|32,174|
|Comparative net movement in funds, included in the above are as follows:||||||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||||£|£|£|
|**Unrestricted funds**||||||
|General fund|||20,609|(23,267)|(2,658)|
|**Restricted funds**||||||
|Restricted|||30,288|(13,950)|16,338|
|**TOTAL FUNDS**|||50,897|(37,217)|13,680|
|A current year 12 months and prior year 12 months combined position is as follows:||||||
||||Net|Transfers||
||||movement|between|At|
||At 1.4.20||in funds|funds|31.3.22|
||£||£|£|£|
|**Unrestricted funds**||||||
|General fund|18,494||(28,184)|19,929|10,239|
|**Restricted funds**||||||
|Restricted||-|20,282|(19,929)|353|
|**TOTAL FUNDS**|18,494||(7,902)|-|10,592|
continued...
Page 7
**Teatro Vivo Ltd**
**NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022**
## **8. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|34,724|(62,908)|(28,184)|
|**Restricted funds**||||
|Restricted|69,684|(49,402)|20,282|
|**TOTAL FUNDS**|104,408|(112,310)|(7,902)|
## **9. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2022.
Page 8
**Teatro Vivo Ltd**
**DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2022**
|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**for the Year Ended 31 March 2022**||||
|---|---|---|---|
||31.3.22|31.3.21||
||£|£||
|**INCOME AND ENDOWMENTS**||||
|**Donations and legacies**||||
|Donations|2,301||50|
|Fees|5,750|10,400||
|Ticket Sales|2,863||868|
||10,914|11,318||
|**Other trading activities**||||
|Other Trading Activities|199||-|
|**Investment income**||||
|Interest receivable - trading|2||9|
|**Charitable activities**||||
|Grants|42,396|39,570||
|**Total incoming resources**|53,511|50,897||
|**EXPENDITURE**||||
|**Charitable activities**||||
|Artists, technical and fees|55,568|25,721||
|Travel|1,230||48|
|Production Costs|3,160||262|
|Studio, venue hire and storage|3,342|2,767||
|Entertainment|66||-|
||63,366|28,798||
|**Support costs**||||
|**Management**||||
|Advertising|6,999|4,992||
|**Other**||||
|Fees|209||927|
|Stationery, computer & office|1,010||906|
|Insurance|677||677|
|Subscriptions|832||67|
|Bank charges|30||-|
||2,758|2,577||
|**Governance costs**||||
|Accountancy and legal fees|1,872||850|
|Trustee Expenses|98||-|
||1,970||850|
|Total resources expended|75,093|37,217||
|**Net (expenditure)/income**|(21,582)|13,680||
This page does not form part of the statutory financial statements
Page 9