2023-12-31-accounts

REGISTERED CHARITY NUMBER: 11 CHARITY COMMISSI REPORT OF T TRUSTE AIYD AUD LST MENTS FOR RIOD 6 RIL2 CE RIC NOP AIRT TRE FI CRT Limlted Flat 24 Wellin8tonia Court IAin¢ C105e Brighton Easl Sussox BNI 6TD

BRI TON N AIR THEATRE ao CONTENTS FOR THE NAN AL STATELKENTS 31 DECEMBER 2 Pa8¢ RèpDrt of the TrusÉe l to 5 IndependeDt Examlner's Report Stslejllent of Flllsrtclal Activltk Bgl&nt¢ Sheet Lyotss to the F￿￿¢1￿1 Statements 9 10 16

OPEN AIR THEATRE cio REP TOF THE TRUSTEES RIOD APRIL 2023 TO 31 DECEMB 2023 Th¢ trustees their rep)rt with th¢ P￿1￿[ stat¢m¢nts of the cl)arity for the p￿]Qd 6 Apri] 2023 3 1 December 2023. The trUSt¢es have odopd the provisiolls of Accounting and Reporting by Charilies: Statement Rectsmm¢ttded PracÉi¢e applicable to charities preparing thetr a¢¢oullts in 4)ccordan¢e with the Financial Repo StandaTd applicable in the UK and Ropublic of treta]d ￿Rs 102) (effective l January 2019). 0￿CTIV￿s AM) AcfiviTIES Objectlve5 And Brighton Ot£n Air Tratr¢ has been establisbed kn order to Bri8blon and Hove's fir8t dediLt¢d open air theatre venue. to (kn charitable airn is 'Tho advancement of Arts and C￿ltUre tlJrou8b th# cstablisluuent and man)ten&nce of an open theatre In Bri8hton and Hov¢ forth¢ uge of r¢sidents aNI vi51tOTS." ar Our objective5 pre: l. To cr¢Mtc a unique Th¢w culttjrdl venue for the ciry that ensures the highest possible ptvdu¢tion perfonllaDce and ¢xhibktion and which diversifies the type of work that bc enjoyed in the ope4L alr. 2. To work with the city5 festivals. ptY>gratmmers and ¢urntors to attract high qtsalitytouringproduction8 and trV¢Dts. 3, To create a COIn￿unity of lo￿1 and pra¢titiorLers thot make TLew WOTkfor the opon &ir. 4. To £n￿￿e with the local community to provide 8 pl￿f0M for cu]tural activity alld for ¢￿atIve I¢ArniDg. 5. To bring u￿der used open 5pft¢¢ back to life as a vibrant green facility. valu¢& for ou Publle beneflt The Irustees confirm that tbey h8Ye ref¢nrd to the guidance cothtsit￿d in th¢ Charity Commission's general gui lic bonefft when revlowing th¢ Charity's aims artd objectives and inthe plaDDlog of future activities. The tsustees b¢lieve that the p￿gr4pb$, $pecifi¢ally ott the 'Objectives aud A¢tivit&¢$' ottd 'Achieven*nts P¢rfotTha￿e' for the year relate in dgtau the bc￿fittbBt the Chariry provides to the public. Page I

RIG￿rON OPEN AtR TIIEATRE cio EPORT FO THE TRUSTEES PERI APRIL 2023 TO 31 DECEMBER 2 ACHtKVEl￿E￿T AND PERFORMANCE Charilxble ActiviÉkJ The 2￿23 season b¢gatt in lat¢ ApriL though with show5 only on ￿ekendS for the first couple of weeks, Throu May. Fe had our usual slew of Brigknioll Frin8e productions, which allow us to pttJgrwJ]ne more awanl-B productions, buoyed by the additional promotionthe Fring¢ offtrs. SuccessfiTI kni￿1￿￿￿18 in¢luded Old Time SailoT% +he Princess andthe Frog from Let'& All Dallce, and Oh What A Night froro HandsJ)ake Produ¢tioJ]s. Throug]M)Ut late May and Jun¢ we b8d long￿ Tulls lo success, in part due to the fantagtic weather, including LadykillerJ from Cue Fanfare, Bad Dad from Heartbreak Prod￿Ctions, Twelffl] N￿bt fro]nDuk¥'s Theatre Co, SU￿￿tr Comedy Festival from Funny That AJMI Ullil¢rMillr Wcrfjd frorn Idetttity Thew¢. Ill JULY, th¢ weather took ttlrn for the wors4 and sales were inevitably affcct¢d. D¢spite this, we had strong show from Horrible HistoTi¢s from Birminghatn Stage Co, Th(acbeth froln Nalional PTodu¢tion Collu)any and The Madnes GeoFge Ill from Sayah MaDn Co. Ill Ausus( w¢ had & variety of pthrmance& to Jnixed Success. Th¢ afterthcts of Covid w¢re still b¢ing felt I ¢crtain degTe¢, in that a lot of familie5 weiit on ttLeir first holidays for y¢ars and w we saw a dowjtwn in attefftlallco family SILOWS such u H¢r¢ule$ frorn IKP and Robill Hood from Jllyri4 though b¢tt¢r turnouts for tnotE adu]t-$ke titles Shakespeare in Lovo from Brigknton Little Theatre attd Love Labours Lost frojn Changeling Theatte. for MoviTJg into Sept¢mb¢T. w¢ hed 8uc¢ess with one-off gigs, including Th¢ Vox Beall¢s. Crazy Diamond and Bri Beach Boy4 and closed th¢ sumtn¢r out style with a week of ¢om¢dy with SkL(>w and Tell's Sta])d-Up Under StaTS. T&¢ seasoD r]nisl)¢d & we¢k ¢8rlier than usual, due to 8tsrtiDg a w¢¢k ¢aYli¢r in April. on h* In totBI. foT thE 2023 Sutmw seaso￿ attendance wa8 23,492 (up 60/t)), OCTOSS 70 produ¢tiotts. ]n the Off-seaso￿ we ￿￿eduled extellsive renovation work to take pla¢¢ on site. AU of the woodeTL sleepers cotnpris¥ the auditoriutll $eatinE to be repla¢ed with 9Ugtainably-sourced, treat¢d oak sleepers, ￿7th work und¥rtsk our Yegu]ar gaTdvtLer. Ben Gaiider. W¢ 8lso ¢omtnissiorted Olt¢o Ltd to reyW[a￿ the m8jority of our pathways WS recycled p]aatic resi￿ and to rwJu¢¢ certain gradient4 to the V¢DU¢ more a￿¢s31b1< and to prevent debris wa onfo the st&8e. In additLon, w¢ have ¢r¢ated 4 new wh¢ekbair spac¢3 ID tht 8uditoriuEn, In¢reosin8 our o wheelchair ¢apaeity to 8. by FINANCIAL REVIEW FIDaneiAI poyitlon The results fov the y¢ar are out in the Statement of Fina￿181 Activities and Ihe fina￿JaI positi.on of the charity year end is shown in the BaiaTKe Sb¢ol. The a¢coullts ¢over the period from 6th April 2023 to 3 1st December 2023 - Ihe WllLpurntive amounts are for the. ended 5th April 2023. Th¢ ¢harlty incom¢ tllcreased from £387,477 to £4(H),465 whilst expendinw¢ de¢r¢asEd from £370,937 to £360 The cliuity m￿e a surplus OD uthr¢strithd activities of £47,138 attd this h8s b¢m adtsl to th¢ restryes brought fo of £293.98S to leave £336,136 to be ¢arri¢d fonvar the 733, Re&erYeg poII¢y The Trustee8 have s¢t up a d¢yi8Dated reserve of £93,000 to cover the ¢ost of ￿tart ¢&sential repatY8, llamety s r¢plac¢ment and resiti paving. Thi5 is equivoleni to almost all of the tntsttvy held at the bank attbe y¢ar end. Th¢ Trnste¢$ will endeayour to mthin resèrves of IOfjA of fjrnover in order to prolect ?￿in$t unexpected 108 a$hflow issues. The Trusie¢s will ¢(yrJtinue to invest the Tllajority of 3ULpluses 8erter￿ed into improvemeni of the BOAT Si F&Gi]i￿es. We plan to consolidafr our prO￿arn￿lng with a Tange of Bhows to #ppeal to as wido m fjudienc¢ gs pogsible. W bEginllin8 to succeed in Mttracting a thor¢ diverse 4udiellce and aim tn extend our reach througb outreach pr phs diversity of the typ¢s of shows we host, are Poge 2

PEN tIEAT REPORT OF TFtW TRUSTEES FOR THE PLRtOD 6 APRTL 20 31 DECIMBER 2 STRUCTURE, COVERNANCE AND MANAGELIIENr Governkng document Brighton Open Air Theatr¢ is a CIO (in¢oTrM)rnl¢d Oll 6 MaTGh 2014 by 1h¢ Charity conim1￿70ll) regist¢r¢d tmllnber 1156051. Its governittg docwnent is its Trust D¢ed dated 6 MardL 2014. Recruitment and appolntmellt of new tru*t¢es The nThllber of trnstees sh8AI l)e at l¢ast 3 the maxinwm numter is 12. The fftst tnts¢es are appointed for a paiod of 415 years Subsequent trustees 8Ye appointed for a lern of 3 yt&ts b rosolutiollpas8ed at a p￿perlY convenedm¢etin8 of the charity tsUSt¢es. R￿k manfigemellt Thc Tru9t¢es take seriou8ty their duty to id¢ntify alld r¢vi¢w the risks io wh5¢h tbt ¢h&rity is poteJ)tially exposed aD enswe appr(Jpriate contro19 ore iti place to provide reasonable 88511f8JJcB ￿&t￿St pot¢ntial r]sks it)cludin8 injury OT harm to peThons' financial frdud findlor error; reputational damage. Tlwe is a Finat)¢¢s Procedures Policy itt place t1￿1 is Te8ularly rovi¢wed by & Fitwce sub-committee con5istin8 9 less thatt thre¢ TnLSt￿8. Reviews include SI￿ oEFlapproval 5eve15 for ¢xpcnditures, adequacy of Reserves ODd pl annual expenditure. The BOATS A¢¢ounts rewiewod amiually by an Indepand¥nl Examitter. A Prernise$ Sub-committee reglllarty gurveys the whole site aud wnsiders inforniaiion from the Opuralii)ns aud Q Managery ou haz8nls, tnaintenaJ)¢e alld rthntiaL health and Safety issues and orgaDises any necessary remedial Thc OExration$ and Gen¢rnl Man8g¢rs pr¢pAre pre-SE&8On Risk AssessmeM8 for th¢ venue with full c1￿$1derlltio￿ or wide-spcctrum of audi¢nce needs with partlcular referenc¢ to awels. Risk A8s¢ssments are produced by th¢ FKrEo, for TLew perf0M￿Ce tben reviewed by thè BOAT Maudgw& Ai least one qualified First A?der is ptf s¢nt at ¢ perfoman¢e. We have implemen¢¢d a DEW policy of asse99illE eAch show for the risk of disruption from audien¢¢ members. there is deemed to be a risk. professiona] Security personnel are ¢ngaked for th¢ event. Secwity 18 also in Pla￿ wh show requireg the SEt equipment to be left th situ overnigh The BOAT'S Insursnce is review¢d and renewed 8nnuo1ty. REFERENCÈ ￿ND ADMINISTRATIVE DkTAILS Regblered Ch•rlty number I156051 er no rol ere i) a Prltt¢lpal #ddre 42 Hoye Pork Road Hove East Swsex BN3 6LJ Trugte45 S Tumer Cb&irnJan L Wolfe S Bradley (resigned 22.2.24) J Waller Chlef Executive G Hawkins D Boon Page 3

BRIG EN AIR Io RF.PORT OF THE TRUSTEES R TIIE PV,RIQD 6 AP tL 20Z3 TO 3 MBER REFERRNCE AND ADMTNISTRATtVE DETAILS lTrdepelldellÉ Erdminer Christopher Robert Tyler FCA DCbA FCIE FI CRT LitniÉed Flat 24 Well]n￿lIa Court Lain¥ Close Brighton East s￿￿X BNI 6fD WorklD2 nAme BOAT Operotlon &ddregS Dyke Road Hove BN3 6EH BDNkcrs 'lJ)¢ Co-Op¢Tative BaDk POBOX 101 l Ballo(m Street Ma￿￿¢51¢r M60 4EP SantHnder UK PLC 2 Triion Squ裢 Re8ent'3 Pla¢¢ Lolldon NWI 3AN STATEMENT OF TRUSTELS, RF.SPONSIBILITTES The tr￿Ste¢s respLmsibl¢ for prewn8 th¢ Report of the Trvslees pnd the f￿anCIal statements in accordance appli¢8ble ]aw and UDit¢d KiDgdoin Accounting Stsndards (UnhedKingdotll G¢nera]ty Accept¢d AccouThting Pra¢tl The law Appll¢able to clLariti¢s ill En8land and Wales, the ChorlileB A# 2011, Charity (A¢¢ounts and Kegulations 2008 alld the provision5 of the trust deed requires the Iru51ees to prepare financial stotemenT$ for rinattcial year which give a true alld fair view of the 8t&te of affairs of the charity and of the iiicomin8 resouicei application of resources, including the illcome and ¢xpendituro, of the charity for th8t period. Jn prepari08 fman¢ial stst¢menl$. the tru51e45 ar¢ required to ach and ose 8eJect 8Uitablt dc¢ounlingpoli¢i¢s aud then apply them ¢ongigtently' ob5erYe the m¢thnd8 and prillciples iti the C1￿]ty SORP. m#ke jud8¢mentY BDd ¢stirn8tes that Msonable and ptuthnt. prepare the finxncial statements on the going conc¢m ￿$ts uftless it is Inuppropriate to Presume thit the ehartiy contsoue iti bu8inw, wlll The ts11stsey are reypimsible foT koeping proper a¢¢ountth8 recor(Ls which diKlose with r¢a8onabl¥ ac¢ury at any th¢ flltho¢iJE posltion of the charity and to ¢nable them to ensure that the fjnallclal $lateni¢n15 comply with the Cb A¢t 2011, the Chority (Accounts and Repons) Regulations 2008 and the provisions of the ttu8t deed. They respon6ible for safeguarding thB assets of th¢ cb8rity and hence for takll￿ Ye&￿nabLe 8¢ep5 for the preventiom det¢LLioll of frdud and othw iTi¢guloritie& time Page 4

BRIG AIR REPORT OF TIIF, TRUSTEE 'VR'A'llL PEI RIOD fi APRIL TO 31 DECEMBER 2023 AppToved by Drder of Éhe board of trustees OD.. .. ...... J Waller- Trustee

INDEpEf4DEN BRIGHTON O Mif4ER'S REPO ATRE cio THE TRUSTEES OF Independent txarniller's re￿rt to Ih¢ trll5te￿ ofBrighton Open Alr The8tre (CIO) I repDrt to the charity trustees on ]lly examination of the accounts of Brlg]non,Open AiT Theatre (CIO) (the TDJst) for p¢riod 6 April 2023 to 31 Dec¢rnber 2023. the Responsibilitie5 and basis of report As thc charity tru5t¢¢s of the Trust you are ￿sponSIble for the proparnliim of the ao¢ourt8 accordance with: req￿]leMentS of the Charities Act 2011 Olle A¢t'). I report in r¢$pect of jny examination of the TTUSt'5 accounts carFied ijut UDder Section 145 of the A¢t and in exatnlnation I b&ve followed all applicable Directions 8iv¢n by the Clthrity Commissioll wd¢r Section 145(5)(b, Ébe A¢L Jndependent ex#mlher's stateD)ent Sill¢e your chariws gt08S illCOllLe exceeded £250,000 your examiner must b¢ a m¢tnb¢r of a li8ted b(xly. I can coty tbaÉ I qualified to undertake the cxa[Di￿tiOn b¢cause l a ￿u￿ber of th¢ knstitut¢ of Cbartered Ac¢ountan Englamd aud wal￿ which 1$ on¢ of the listed bodics. l Mve completed n)y examinatio￿ I confirm that tLO maleTi&I mattus havc ¢om¢ ¢0 my attèlltion in coDn¢¢lion witb examination giving me cau8¢10 believe that in any matcria] rcspect.. outtting records were not kept i# respect of the Thist as T¢qUiTvd by Seclioll I30 of ihe Acl: or th¢ account8 do not accord with iho$e records; OT the a￿Ount$ do not comply withthe opplicable requiremcnts conccrning thc fonn and ¢ontellt of &c¢oubts set ill the Charities (AccoL￿ts Rnd Reports) R¢gulation5 2008 olher thatt any requirement that the a¢count8 gi. tNe alld fatr view which is not a matter consÈdered as part of an imd¢pBndeni #x4mination. i)ul I I￿ve no cijncerns and have come wrovj no other n)£ttters in conn¢ction with tha exaTninatioll to whicb attention 51 be drawn in this reptsrt in orderto enable &proper undersrAnding of the ￿¢0￿￿15 to be reackned. uld CbtisloplLer Rob¢rt Tyler FCA L￿hA FCJE FI CRT Limited Flat 24 Wellin8tonla Court Laine Cluse Brigbton Efist Sussex BNL6TD Page 6

BRIGHTON YATEMENf OF FQR THE P RT D6AP AL ACTI T031D R 2023 Period 6.423 Y¢&r Ell J.4.23 Total fillJd$ 31.1223 Total Unrestri¢ted Restrictsd fjJnd8 fi]nds Notss INCOME AND ENDOWMENTS FROM DoDatii)ll5 alld legaci¢s 22,881 22,881 19,9 ChAritable athltks Theatre Tev£Jwe3 376.948 376,948 367,S Inveslment in¢ome 636 636 Total 4￿),465 400.405 EXPEM)ITURE ON Raisthg tlll 5.753 5,753 10.8 Charlt•ble &ctivitle4 Theatre eosts Support ¢ost8 351.854 720 2.408 354.262 720 359,4 Total 358.327 1408 360,735 370.9 NET INcOMEI(EXPEI￿1TuRE) 42.L38 (2.408) 39,730 16,J RECOLYCILIATION OF FUNDS Total funils biought foThvard 293,998 54,558 348,556 332,0 TOTAL FUNDS CARRIED FORWARD 336,136 52.150 388286 348.5 The notes form part of th¢s¢ finan¢1￿ Staten￿llts Page 7

RIGHTON OPEN AIR THEATRE cio BALANC HEET 31 MBER 2023 Total fi￿￿5 2023 Totsl funds UDre5trictcd funds RestridEd funds FIXED ASSETS Tan8ible ossets 12 260,728 S2,150 312.878 255J8 CURRELYT A&SETS De￿Or9 Cash at bank 13 60 76.023 60 76.023 93.8 76,083 76.083 93. CREDITORS Arnoullts faLiing duc within one year 14 167• (675) {9 NET CURRENT ASSETS 75,408 75,408 TOTAL ASSETS LESS CURRENT LIABILITIES 336,136 52,150 388,286 348,5 NET ASSETS 336,136 51150 388,286 348,5 FUNDS Uwestri¢t¢d fiIDds R¢stricled funds ij 336.136 52,150 293,9 34.5 TOTAL FUNDS 388,286 348, The f￿8n¢la1 statements were approved by the Board of TNslees dnd auihorlsed for issue .l.P...aGL,pIA￿.....￿￿*.. and W41re slgned on ily bEh&lf by: J Wailer- Trustee r- TnL8te• The notes foruLP8rt of th¢￿ fiDancial slatemetlts Pag¢ 8

BIUGHT N AIR THE NOTES TO THF. FtNAr4 IAL STATEME FOR THE PERIOD 6 APlItL 2023 To 31 DIC BER 2023 AccouNfiNG POLICIES Ba&5s of preparing the fwancial ststements The finallciai stat¢￿entS of tbe charitable ¢ompony, which is a public benefit ¢Ddty un¢]er FRS102. have pr¢p8red i]L accoTdanc¢ with th< CharitiEs SORP (FRS102)'Arcountiti8 and Repi)rting by Ch8rities'. Si4tetne Recon)mended Practice applicable to charities preparing their accounts wÈth th¢ Financial Reporting Sta applicable in the UK and Republic of Ireland (FRS102) {effecti¥e l Janvary 2019),. Finan¢i81 Rep Standard FRS102 lThe Financial Reporting Stattdsrd applicable in the iJK and Republic of Jr?land' and Charities A¢r. The fitWLcial statWlle￿S have been prepar¢d uud¢F th¢ historic41 cost conv¢ntioD. th¢ The a¢counts are prepar¢d in sterlin& which i5 tILC fk]llction&l curT¢n¢y of th¢ ¢harity. Moneiary ar(￿Unts in fujallclal statsments are rouDd¢d to the nearest £. ese The i￿Stee￿IdIrectOrn ¢Oll5ider that th¢re are JLO matori81 unccrtainties aboth th¢ Companys ablllty to c4)ntin going concern. lucome All income 18 recO￿9¢d in the Statement of Financia] A¢tivities onco th¢ charity hay entitlement to the fu Is probable that th¢ illcoll￿ will be recèived andthe amount canbc mwuved rcllably. IrLfOtning r¢sowcè$ from gener￿ed fimds Grant￿sponsor￿1pld0J￿tioll9 are recognisad in incomin8 r¢sOur￿$ in Ébe year in wbi¢h they are recei except as follows: - when donors specify gran191doDation8 8iven to the charlty tnust be used in ￿tUre a¢¢ounting perio&8, locom¢ is d¢frtYed until those period& - wben donor$ impos¢ ¢ondition8 which have to be fiJ]filled b¢fore th¢ charity b¢comes entitled io use illme, the in¢ome is deferred and ttot included in ittcoming resource3 ￿til the pr¢¢Ondi￿onS for use ore mel bl¢, InY¢$th]ellt incotne is Tecogmised on a re￿1vable ba818. Lttcorning resuur¢e$ from ch8ritable activities Theatr¢ income - 1Th￿me from box offi¢¢, perforniBnce fee8 8Dd sundry thher theatric￿ income Is Includ incomius t¢SQUTces In the period in whi¢h the relevart show tak¢s plac¢. Project specifi¢ fiwding- when donors Specify that donations and gr8nts ar¢ for panicular restiicted bicb do Dot amount its pre-conditions regarding entitlenKnt, this in¢om¢ is included in incotning resourc r¢stricted funds wh¢n Teceivable. of VoluntAry in¢¢)me Voluniary income r¢¢eived by way of donatio￿ and 8ifis is included itL in¢oming resource8 recel The value of services p￿Vided by volunteer8 has not been Ittclud¢(t ble. Expendlture Liabiliti¢S are reco8nl8¢d expenditure as sopn as there is B legal or ￿l￿￿trUctIVe ob]ig&tlOD con￿lttin hurity to th&t expenditu￿ It is probable that a transfer of economic bencfits will be r¢quired in settlemen the all￿llnt of the obligation ¢an b¢ measured reliably. Expenditure is acoount¢d for on aj) 8c¢nwl8 including ittcov¢rnble VAT and had been classified ui)d¢r headin8s that aggregate all costs r¢lxted category. WheT¢ costs cBnnth b¢ diT￿tlY attribui¢d lo particular headin8s they hav¢ been all￿al￿d to acil otL a basis consistent with th¢ us¢ of resou￿e$. asis the ues Costs of gen¢rdting fullds Costs iThcurr¢d in attra¢tm8 voILWtHry income, and th050 in¢urtrd in tradittg Acilviues thatTaise fimd5. Productiott costs Arllounts paid to ptoducers of eventslprothwtion5. Coyts incurred ftst inknlM)use pro¢Juction and productions. Pa8e 9

BIUGHTON AIR T 10 NOTFS TO TIJF. PINANCIAL sTATEL￿E￿￿[S- VOR'fHL PEIUOD 6 APRII, IDEC ACCOUNTING POLICIES- ¢ontlDued Ewndlture Support costs Th¢ administrative and o¥￿head tosts associated with running the Offi￿ from whicb the ¢ornpally op The8e bav¢ all been ￿lo￿t¢d to the Giwitable activilies cost heading as th¢ proportion Sptht on costs genernting fvnds 4nd govemance costs are considered iDllllktterial. of Governa￿¢ cosls Costs HS8ociated with constitittional and statutory rEqUir￿llents of the thariry. Tanglble flied a55¢t$ Jndividuai fix¢d ￿ets coytill8 £1(M) or more are capitalised at cost. Depreciation is provideil li anllll￿ rates cal¢￿ated to write off thv cost l¢sy ￿sidual v8Jlle of each asset ov expLXted ugethl life, as follovs: Short iKAsehold InwrovemeLII straight lit￿ o¥¢r the lift of tho lease. Taxotlon The ¢barlty is exempt ftom tax on its charitable A￿1VIties, Fund e¢ountlug UJwestric¢¢d can be used in artordonce wlth the charltsble obJectlv¢s 8t th¢ dIs¢r￿10￿ Df the bl￿te¢s. Re5tri¢d fiwds. ¢on only be u8¢d for ￿rtIcUlar Te3tri¢ted purposes wÉ¢hln th¢ objccts of the tharity. R¢stri ar1￿ wheu Sp￿ifted by th¢ dollor or when fithdg Are raised for portlvJlpr rg5trict¢d purpo￿$. ns Further explanaiion of th¢ nature and purpose of each fimd is itieluded inth¢ notes to the fjnancial stalement8 DONATIONS AND LEGACIES Pviod 6.4.23 to 31.12.23 Year End 5.4.23 Donatiott& find sponsorship Granis 17,881 5.000 19.95 22.881 19.95 Orants re￿ived, included in the are as follows.. Perlod 6,4.23 YWE 5.4.25 31,12.23 Chalk Cliff Trust 3,0 Page 10 contin

BRtGHTON OPEN AIR THEATRE cio TO THE FLYANCIAL STATEMEPUS- continued RTHEPE APRIL 2023 TO 31 DECEMBER 2023 INVESTMEfqT JNCOME P¢Ti(xI 6.423 Yrar End 5.4.23 31.1223 Dqx)sit actowit interest 636 INCOME FROM CklARrrABLE ACTIVMES Period 6.4.23 to 31.1223 Year EndE 5,4.23 A¢tiwty TICk￿ sales and bar takings Th¢atr¢ revettues 376,948 367,50 RAtSINC FUNt)s Raising donations 8nd le¥a¢ie& Perlod 6.4.23 YeAr End# 5.4.23 31.12.23 MAkning 3,753 10,88 CHARITABLE ACTIVTfiES COSTS Direct Costs ($¢e note 7) Support ¢ost8 {5eo note 8) TotaIs Th¢8tre cosis Support Costs 354,262 354,2 72 720 354,262 720 354.9 Pagell cojrtfflu

BRI HTON OPE THEA NOTF.S ThF FIP4ANCtAL ST roR THW, PV,RIIP 2023 rs- eontl EMBER 202 DIRECT COSTS OF CUARITABLE AcfiviTIES Period 6.423 Year End 31.12.23 5.423 Cost of productio￿$ 249,714 75 7.784 54.393 24.837 3,019 14,440 235,53 io ]nsur4n¢e5 &lld licellces Staff costs Premig¢s costs iidn)ini$trntion Ikpreciation 71,0 30,91 4,86 15,03 354.262 359.41 SUPPORT COSTS Governa Support co￿8 Support costs, included in the are as follow5.. Perirrtl 6.4.23 Yeat En 5.4.23 Total 4clivitl 31.12.23 Supptsrt cost ]nd¢peudenl ¢xHmttiation 720 63 TRUSTEESI REMufqERITION AND BENEFif6 There were no tswstees, retnuneTation or other benefits for the p¢riod ended 31 D¢cemb¢r 2023 nor for the pnded S April 2023. ear Tru&te¢s' exponsei The￿ were no trusiees, exw)$es paid for the period ended 31 De￿nber 2023 nor for the year 5 Aprll202). Pa8e 12 collth)

.BRIGHfoN R THEA NOTES TO I'IJV. FINANCIA TATEMEiYrs- inued FUR 3'HL trLwoD 6 APRIL 2023 EIVABER 20 IIL STAFF COSYS Staff costs a￿]ngthe period amr>uut¢d to £54J93 lyear ended 5 ApTx12023 . £71.092). The clwity eniploys two people on a tirnt basis ph]s wl)o are employed on ad hoc basi8 there are show5. The cl]arity ¢onsiders tis key manaBcmcth prtBonrt¢l to b¢ th¢ Trustees. As dis¢losed ill the a¢counts T¢ceived no Temun¢ratton. ii. CoMPARAT￿Es FOR THE sfATEMENT OF FTNANCIAL ACTIVITIES (YIE 5 APRIL 20LI) Unr¢$tticted R¢$rricted fiwds fullds INCOME AND EI¥DOWMEF4TS FROM Donations and legaci 19.958 19.9, Charhable 4ctlvities Th¢atre r¢v¢nues 367.509 367.$ InV￿￿￿ent illcome 10 Tot•1 387,477 387.4 EXPENDITURE ON Raising fvnd5 10.886 10,8 Ch&rllabl• ar¢lYitl¢s The&tre costs Support Costs 356,20J 636 3210 359.4 Total 367,727 3.210 370,9 NET INCOMEI(TXPENDITiIRE) l>,750 (3,210) 16,5 RECONCTLIATION OF FUNDS Total funds brougbi forward 274231 37,768 332.0 TOTAL VUNDS CARRIED FORWARD 293,988 54,558 348. PaB¢ 13 ¢ontinu

BRI PEN AIR THKATRE cio ESTOTH RTHEPE ANCIAL STATEMENT3- co*tinued D6AP 23 TO 31 DLCEMBER 2023 12. TANGIBLE FIXED A&g£TS Short lea8ehol COST At 6 April 2023 AdditLons 310.086 71.?36 At 31 D￿eMber 2023 381.822 DEPBECIATIOI¥ At 6 April 2Q23 Char8e for year 54,5 14.4 At 31 Decernbet 2023 68,9 F4ET BOOK VALUE 31 DeLember 2023 31187 At 5 April 2023 255,58 JJ. DEBTORS: AMOUNTS FALLING DUB WITHll¥ ONE YEAR 2023 2023 l¥epaym¢nts 60 14 CREDITORS.. AMOitNTS FALLINC DUE WITHIN ONE VEAk 2023 2023 Trade ¢reditoi3 Otber creditors 30 67 675 675 97 13, MOVEIWIENT IIY FUNDS Nèt movement In fi]nd$ At 31.12.2 At 6.4.23 Ullr¢&trl¢ted General fund Dp5ignated fund for futuKrnainteaDCe. 200,998 93.000 42,138 243.13 93.00 293.998 42,138 336,l3 Restrlet¢d Fixed a55etS and amphitheatr¢ 54,558 (2,408) 32,1 TOTAL FUNDS 348,556 39,730 388.2 Page 14 conlill

cio TES TO FOR T FINANCIAL sfATEMENTS- EIUOD 6 tL 2023 TO 31 DEcEI￿lBER 2023 I& MOVEMENT IN FUNDS * eottllnued N¢t movement in fi]nd8. inc]uded in Ihe 8bove ar¢ &s follows.. Into￿l￿g R&%owees Mov¢m expets￿d in fw(L8 U￿reStriCted fllnds General fund 400,465 (358J27) 42,138 Rejtrlcted funds Fixed asscts aDd amphitheatr¢ (2,408) (2.40 TOTAL FUI4DS 400,465 (360,735) 39.73 Compor&tlves for movement lu fundi Net mDYement in fimd5 At 5.4.23 At 6.4.22 fi￿d$ UDft#trlrt¢d funds General fund D¢signAled fi)nd for fiJtutE n)atnt08nce. 274238 19,750 {93,000) 93.000 200.98 93.oa 274,238 19.750 293,98 Restrltted funds PL￿d ass¢t5 and amphithedtr¢ 57,768 , (3,210) 34,53 TOTAL FUNDS 332,L)06 16,540 348,54 Comparnlive nel MOV￿¢nt tn fund4 included in the al￿¢ are as follows: Jncoming resour¢¢s Resources expended MoveDI in fun(1 Unrestricted fund$ Cicnerlll fi￿d 387,477 (367,727) 19.75 Rtjtrkted fiJnd6 Fixcd assety aDd pmpbilheatre (3210) (3,2 TOTAL FUNDS 387,477 (370,937) 16,5 Fixed ASS￿ An)phitbeatre This fi3Dd CODSi3ts of don*ioll8 received ¥lld iti¢ome from fundraisi￿g events specifically for the COD$trudl the wnphitheBtr¢. The cost of the 8mpbith¢atre Is Moittell off over the leD8th of the leesty 25 years D¢5igttaled Fund. A d¢signated fijnd has been set up for future costs of seatillg rcplacewt andresill pving. Pog¢ 15 contiti

BRIG]TmN OPEN A NOTES TO Tiif. FtNATr4CIAL STATE FUR I'HL VLRIOD 6 APRII, 21123 - contlnu4 I DECE 16. OTHER FINANCIAL COMMrrMEf4TS AI 5 ANil 2024 the chaTityhad aunual eommitrneuts undeTnott-C4ULzllable operatiThg leases &s follows: 2024 Expiry date 2023 In over 5 yeA loo 17. RELATED PARTY DISCLOStJRKS There were no reL*ed party transactions for the period cnded 31 December 2023. 18. ULTIMATE CONTROLLINC PARTY UlÉimat¢ ¢ontrol li¢y with the trustees. Page 16