2021-03-31-accounts - Putney Arts Theatre

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Putney Arts Theatre

Annual Report and independently examined financial statements for the year ended 31 March 2021

Charitable Incorporated Organisation Registered Charity No 1157481

PUTNEY ARTS THEATRE ANNUAL REPORT AND INDEPENDENTLY EXAMINED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

	Page
Chair’s Review	3
Report of the Trustees	7
Independent Examiner's Report	11
Statement of Financial Activities	12
Balance Sheet	13
Notes to the Financial Statements	14
Analysis of results by productions & activities	19
PTC online monologues 2020	22
Supporting Cast	23

Cover photos (clockwise from top left): Putney Arts Theatre red-lit in support of locked down arts venues; The God of Carnage (online); Group 64 online class; The Ghost Light shines on through Lockdown; Twelfth Night in the Old Burial Ground – the audience Above: The 2021 PTC Awards Night – by Zoom

PUTNEY ARTS THEATRE CHAIR’S REVIEW FOR THE YEAR ENDED 31 MARCH 2021

It has been the most extraordinary year. For most of the year we were unable to use the theatre because of Covid-19 lockdown restrictions. Lockdown began for PAT on 15 March 2020 with the cancellation of that week’s production of Killolology , the set for which is still in the Antony Bridges Studio more than a year later: Marie Celeste-like, it is a

reminder of what might have been, and what might yet be. The Ghost Light was kept shining in the main auditorium, and the building slept – though not entirely: there were some socially distanced Group 64 classes when the rules permitted, we managed three shows in a restricted auditorium, and there was one production outside. At the time of writing, lockdown is starting to ease, and we hope that the light we can see really is the end of the tunnel.

As for most of the country, our lives were transformed by video conferencing. Group 64 maintained a full timetable of drama classes and holiday projects by Zoom. These were interactive sessions,

Killology set

enabling participants to feed back, discuss and share, with break-out rooms so that a few students could develop ideas before returning to the main group. The possibilities of teaching and communicating in this way were stretched to the limit, so thanks and admiration are due to all the Group 64 team. There were also two Group 64 productions: the Shine-On Festival in December comprised a number of plays performed by different age groups, and also some workshops, on lighting, directing and other topics; then Find A Partner in March was presented online by the older teenagers, exploring the anxieties, pressures and occasional comedy of searching for the right person.

Ghost Light by Roberta Volpe

Putney Theatre Company also mounted a bravura response to the challenge. The list of cancelled shows might have suggested a thespian disaster zone: The Hollow, Cyrano de Bergerac (cancelled twice, summer 2020 and 2021), Alice in Wonderland, Di & Viv & Rose , and The Hound of the Baskervilles . But PTC triumphed in adversity. The new writing production Truth or Dare went online - short plays exploring the mostly comic and occasionally worrying possibilities suggested by the title. Technical improvements now enabled online sale of modestly priced tickets for this and subsequent online productions. Then began a series of online monologues, a simply astonishing 52 brief extracts from plays, ranging wide in place, period and genre. These are listed, with the actors and directors, later in this report.

A rumbustious production of Twelfth Night followed in September, performed in the Old Burial Ground. This even found comedy in Covid-19 restrictions, surely the best possible answer to a pandemic. We returned online for The Magistrate , sparkling Edwardian comedy from Arthur Wing Pinero, with

Group 64: Find a Partner

one member of the cast two hundred miles away in Swansea. Increasingly we were able to take advantage of remote performing to involve PTC members now living elsewhere.

Group 64 Shine On festival: lighting workshop

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PTC: Gut
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Gut by Frances Poet signalled that our response to lockdown would not all be lightness and froth: a mother’s obsession played out with tragic consequences. Shortly before Christmas, Stories from the Attic presented several folk tales, with mesmerising performances and magical puppetry. Both these shows were performed in the main auditorium to a socially distanced audience. In between Yasmina Reza’s The God of Carnage was performed online – two sets of parents whose polite meeting to discuss one child’s misdemeanour escalates to a towering inferno of rage.

In the new year we went online again, first with The Weir , Conor McPherson’s tale of tragic loss set amidst the beauty of western Ireland. There was more new writing for the final production of the financial year: It’s what’s inside that counts again demonstrated a

breadth of imagination, making us cry as well as laugh. And there was another distant actor – this time in France.

A new departure which rehearsed and recorded in March 2021 for release in April was a radio play adaptation in four parts of Little Women . Louisa M Alcott’s story of an American family in the time of the Civil War was convincingly told, with elegiac music, and well received by all.

In addition to these productions, there were many play readings, quiz nights, singalongs, and nights at PTC’s online pub, the Rat and Pat. Above all there was the PTC Awards Night, outscoring the Oscars for entertainment and enjoyment. We do hope that some online activities will remain as a regular and additional part of our output as we emerge from the long night of Covid.

In April 2020 the financial outlook was very uncertain: income from drama classes and productions had ceased, but we still had annual overheads of about £100K. Thanks to Veronika and the finance team, applications for assistance

were soon in place. Our business rates were cancelled, we received £39K in various grants from Wandsworth Borough Council, £26K in furlough support from HMRC, whilst “Shine On”, our giving campaign, raised a magnificent £23K (including Gift Aid). We also received a cancellation insurance payment of £2K and income from other initiatives. Details are in the financial report, and I would like to say thank you on behalf of all who worked to raise funds and the many who have given (and continue to give) so generously.

PTC: The cast of Truth or Dare

At the time of writing, we have been awarded a grant from the government’s Cultural Recovery Fund, which will tide us over until we are again fully operational, and will enable us to rebuild our reserves. Nevertheless, though the immediate future is secure, the turbulence of the last year should not obscure the fact that preCovid the theatre was running at a loss. The trustees believe that one effect of Covid will be lower membership and audience levels for the next few years, and that overheads must be reduced to reflect this.

There are many people who must be thanked for all they do, so many in fact that I hope everybody will understand if I mention only a few key individuals.

We are fortunate that we continue to have a strong group of trustees with a wide range of backgrounds. Even so, we are always sad when any of our trustees comes to the end of their term, and this year saw the retirement of Melanie Nazareth and Kate Thompson. Melanie’s legal background was particularly useful when we were negotiating the thickets of health, safety, safeguarding and similar requirements. Melanie and Kate were both Group 64 parents and we are very grateful for their hard work and support with productions, fundraising, and much else. Rick Simmonds also found that he was unable to devote the time that he had hoped to being a trustee, so decided to step aside; but we are very pleased that he continues to be a Group 64 parent and a firm supporter of all that we do.

PTC: Online monologue

We were pleased to welcome two new trustees to the board: Amanda Benzecry is a long-standing PTC member and former Group 64 parent with a strong commercial background and experience as a trustee of other charitable organisations. Laura Jackson is a senior HR professional with a major investment bank, and trustee for a number of arts organisations. Our trustees bring diverse professional skills on which the trustees are very glad to call, and they come to us from different places - through both the youth and adult groups, and from outside.

Group 64 has continued to be in the safe and inspiring hands of Nicola Sterry, though in fact for much of the

Group 64: first class (14-17) back in the theatre

year Nicola was on maternity leave. Our congratulations to Nicola and Lee on the birth of their third son, Jasper. Amy Insole provided firm and imaginative leadership as youth director, with very able and creative assistance from Stacey Burt, as they brilliantly put together an array of online offerings to which our young members looked forward every week and which their parents praised. We were extremely sad that Amy left Group 64 at Christmas 2020 to pursue an opportunity in Europe, and we would like to place on record our thanks for five years of exemplary teaching and directing. Amy would be a hard act to follow, except that we had the perfect candidate in Stacey, who is now in the middle of a very successful second term as Youth Director. We are delighted that former Group 64 member and longstanding assistant Katy Morrish was available to step in as assistant youth director.

Group 64: The Twits online (7-11)

PTC is grateful as ever to the Co-Artistic directors. Zoë Thomas-Webb and Jeff Graves worked incredibly hard to create seasons of breadth, variety and quality over the year, but when faced with the cancellation of all that they had developed, responded with calmness, vision, imagination and enthusiasm to maintain a creative presence for PTC despite the closure of the theatre. Zoë needed to step down in August, to focus on her family in lockdown. We are very grateful for Zoë’s untiring effort, ideas and enthusiasm, and look forward to another characteristically inspirational production before too long. In Zoë’s place, we welcomed Emma Miles, PTC actor and director, to work with Jeff. All has gone well so far, and PTC is poised with an exciting programme of productions for 2021 and beyond.

Group 64: The Lion, the Witch & the Wardrobe workshop (7-11)

PTC remains successful due to the enormous commitment and enthusiasm of all its members. Thanks must go to all directors, technical crews, cast, front of house teams and everyone associated with productions, both online and on stage, without whom no show could go on. However, PTC is more than just its productions, and thanks are also due to the members of the PTC Committee and its Chair Carrie Cable. We must additionally single out one other person who has done so much to keep our spirits up during these difficult times. Step forward Ally Staddon, social secretary and joint host of this year’s awards ceremony.

PTC: The cast of It’s What’s Inside that Counts

The office has often been empty, but there has been no lack of effort on the part of our management team. When not wrestling with the intricacies of grant applications, or administering the Shine-On giving campaign, Veronika Wilson has been getting to grips with PPE, social distancing, and the hygiene protocols for the limited reopening that we have been permitted. Marie Thackwell has developed a number of fundraising initiatives, including the sale of donated goods on behalf of the theatre, and a very successful and enjoyable raffle and Christmas fair. Inevitably however there has been

nothing like the usual level of activity and so advantage was taken of HMRC’s furlough scheme to whilst these members of staff were at home.

PTC: Tales from the Attic

We never knew how this year would end, with the theatre closed, and only a ghost light left on to remind us that we will be back, but the energy and spirit of PAT remains unbroken and we are confident that we will be able to report on further success next year as we adapt to whatever becomes the “new normal”. We cannot thank everyone who has contributed to our successes throughout the year, and the incredibly positive response to adapting to life in lockdown, but I am grateful to lead this wonderful community of staff, trustees and office holders, directors, production teams, actors, audiences and supporting members. The Covid crisis has reminded us all of the value of the arts and the importance of community, and I thank everyone who continues to help us play our part.

Sarah Jillings, Chair of the Trustees 31 May 2021

Who Ya Gonna Call? Veronika fumigates the theatre

PTC: Twelfth Night ’s cross garters!

for the Year Ended 31 March 2021

Putney Arts Theatre: Report of the Trustees

The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.

The accounts have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number 1157481 Principal address Putney Arts Theatre Ravenna Road London SW15 6AW Registered charity name The Putney Arts Theatre Operating sections Group 64 Theatre for Young People (to age 21) Putney Theatre Company (age 21+) Putney Arts Theatre (hires and administration) President Mrs Audrey Copus

Trustees
Paul Benton		Craig McAulay
Amanda Benzecry (from 10 October 2020)		Melanie Nazareth (retired 10 October 2020)
Caroline Cable		Bryan Raven
Zoe Copley		Joseph Raynor
Laura Jackson (from 13 April 2021)		Rick Simmonds (retired 19 January 2021)
Sarah Jillings (Chair)		Kate Thompson (retired 10 October 2020)
Perry Kitchen (Treasurer)		Piers Wilson (Vice-Chair)
Secretary to Trustees
Sarah Kitchen
Putney Arts Theatre	Veronika Wilson General Manager
	Marie Thackwell Business Manager
Group 64 theatre	Nicola Sterry	Director
for young people	Amy Insole	Youth Director (to 31 December 2020)
	Stacey Burt	Youth Director (from 1 January 2021)

Putney Theatre Company Carrie Cable Chair and Treasurer Jeff Graves Co-Artistic Director Zoe Thomas-Webb Co-Artistic Director (to August 2020) Emma Miles Assistant Artistic Director (from September 2020) Alexa Adam Media and Communications Olga Budimir Minuting Secretary Kim Dyas Facilities Ian Finch Technical Grace Johnstone Membership and Company Stage Manager Craig McAulay Trustee representative Tom Sainsbury Website and Communications Ally Staddon Social Events and Front of House Susanna Statton Membership Development Veronika Wilson General Manager Independent examiner Mr Richard F Atkins FCA Eric Nabarro & Co., Hyde Park House 5 Manfred Road, Putney London SW15 2RS Solicitor Russell-Cooke LLP 2 Putney Hill, London SW15 6AB Bankers National Westminster Bank PLC 153 Putney High Street, London SW15 1RX

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is a Charitable Incorporated Organisation (CIO) and was entered on the Register of Charities on 16 June 2014. It assumed the assets, liabilities and obligations and continued the activities of Group 64, an unincorporated charity founded in 1964. The charity is governed by its constitution. This provides that trustees may be elected by the members of the Putney Arts Theatre, that one third of trustees by rotation should retire each year and may offer themselves for re-election, and that no trustee may serve more than four consecutive terms (i.e. twelve years).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the charity are:

To advance the arts, particularly the medium of drama, for the benefit of the public; and To help and educate young people through their leisure time activities, especially in the medium of drama and the associated arts, so to develop their physical and mental capabilities that they may grow to full maturity as individuals and members of society.

Significant activities

The charity achieves its objectives through providing productions of plays for the benefit of the public and of participants (who are drawn from the community); through providing drama classes, productions, holiday projects and other activities for young people aged 4- 21; and through the provision of space and facilities for other community theatre groups, musical ensembles, local artists, a third age literary group and many others. A detailed report of activities undertaken during the year is contained in the Chair’s Report. This demonstrates that the objects of the charity have been advanced.

Public benefit

The trustees confirm that the activities referred to above have been undertaken in order to further the charity’s purposes for the public benefit; and that they have had regard to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities.

Financial review

Total incoming resources were £198,982 (2020: £203,744). Total resources expended were £156,076 (2020: £219,291).

There was a surplus of £13,886 (2020: deficit £13,354) in the income and expenditure for regular productions, drama classes, and other activities; there was no activity in the building capital fund (2020: deficit £2,193). The net overall surplus in 2020-21 was £42,906 (2020: deficit £15,547). £29,020 of the 2020-21 surplus, being net tax reimbursement in respect of prior years, has been taken to reserves.

In addition to the statutory information, notes 14 and 15 following the financial statements contain analyses by activity and productions, for information and interest.

Reserves policy

The charity’s reserves policy is to maintain a Building Capital Reserve which is sufficient to meet all anticipated costs of improvement and maintenance of the Putney Arts Theatre for at least the next 12 months; and a Revenue Reserve which aims to be equal to 3 months’ normal expenditure. The trustees consider this to be the minimum required to cushion the charity against unforeseen events. At 31/3/21 the Building Capital Reserve was £8,474. The trustees consider this to be sufficient, since no capital expenditure is planned for the foreseeable future that is not financed by outside grants and donations. The Revenue Reserve was £54,978, against a 3 month normal expenditure requirement in excess of £50,000.

2021-22 financial outlook

Thanks mainly to government support in the form of grants and furlough payments, the charity’s financial position at 31 March 2021 was stronger than a year earlier, and in line with its reserves policy. At the time of writing we are pleased to report that further government assistance in the form of a Cultural Support Grant has been awarded, and we expect this to tide us through until we can resume the full range of our operations. In previous years this report has expressed disappointment when government support has been absent, so on this occasion the trustees wish to place on record their thanks for help without which the charity would surely have foundered.

Nevertheless, the future can never be certain. This reporting period opened at a time that the trustees were reviewing the charity’s financial structure, conscious that a deficit reported in 201920 appeared likely to be repeated in 2020-21. Already income from regular activities was not keeping pace with increasing costs. Now for more than a year the charity’s regular activities have been severely curtailed and the financial picture has been obscured; but looking ahead the trustees believe that drama class and audience numbers for the next few years are likely to be lower than hitherto, exacerbating the situation already identified. Accordingly the trustees are planning on the assumption that activity levels will be lower, and that costs must be adjusted in line. Our most significant costs relate to staff, so it is likely that this will impact on staffing levels.

Risk Management

The trustees have reviewed the major strategic, business and operational risks to which the charity is exposed. These include loss of or damage to the building, liability to users and visitors, and loss of income. The trustees confirm that systems have been established to mitigate any such risks, that insurance cover has been obtained to cover strategic risks, and that the assessment of risks is kept under review.

Data protection and information governance policies are in place and are reviewed to ensure that data is protected and that the internal processes are robust and comply with any new legislative or regulatory requirements.

Approved by order of the board of trustees on 13 July 2021 and signed on its behalf by:

P D C N Kitchen MA FCA: Trustee and Treasurer

Group 64: Jack Petchey Award winners

PAT: Christmas poster

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Putney Arts Theatre in the snow
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Online Zoom class (14-17)

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10
PTC: The Magistrate
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Independent Examiner's Report to the Trustees of Putney Arts Theatre

I report on the accounts for the year ended 31 March 2021 set out on pages 12 to 18.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's 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 required. The charity’s gross income did not exceed £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.

It is my responsibility to:

examine the accounts under Section 145 of the 2011 Act
to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
to state whether particular matters have come to my attention.

Basis of the 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 statements below.

Independent examiner's statement

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

(1) which gives me reasonable cause to believe that, in any material respect, the requirements
to keep accounting records in accordance with Section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Richard F Atkins FCA Eric Nabarro & Co., Hyde Park House 5 Manfred Road London SW15 2RS

Date: 19 July 2021

Putney Arts Theatre

Statement of Financial Activities

for the year ended 31 March 2021

2021
2021
Notes Restricted Unrestricted

£
£
-------
------
INCOMING RESOURCES
Income and endowments from:
Donations, sponsorship & grants: unrestricted 2
99,305
Grants: restricted (Jack Petchey Foundation) 2
2,500
_
2,500 99,305
Charitable activities
3
92,288
Trading activities
4
4,889
_ _
Total incoming resources
2,500
196,482

RESOURCES EXPENDED
Expenditure on:
Charitable activities: unrestricted
7
146,078
Charitable activities: restricted (Jack Petchey) 7
2,500

2,500 146,078
Raising funds
7
7,498
__ __
Total resources expended
2,500
153,576

NET INCOMING (2020 OUTGOING) RESOURCES
42,906
TOTAL FUNDS BROUGHT FORWARD
202,378
_ ___
TOTAL FUNDS CARRIED FORWARD
245,284
====== =======

2021
2020
Total Total
funds
funds
£
£
------ ------
99,305 15,830
2,500
1,250
101,805 17,080
92,288 168,864
4,889 17,800
__ _
198,982
203,744
146,078 200,722
2,500
1,250
148,578 201,972
7,498 17,319

156,076
219,291
42,906 (15,547)
202,378 217,925
_ ___
245,284 202,378
======= =======

Putney Arts Theatre

Balance Sheet

At 31 March 2021

Balance Sheet At 31 March 2021
		2021	2021	2021	2020
	Notes	Restricted	Unrestricted	Total	Total
				funds	funds
		£	£	£	£
		-------	------	------	------
FIXED ASSETS
Tangible Assets (Putney Arts Theatre)	8		181,832	181,832	181,832
CURRENT ASSETS
Stocks	9		725	725	1,450
Debtors	10		5,152	5,152	2,711
Cash at bank and in hand			76,827	76,827	28,579
		_____	_____	_____	_____
		1,000	82,704	82,704	32,740
CREDITORS
Amounts falling due within one year	11	(1,000)	(19,252)	(19,252)	(12,194)
		____		_____	_____
NET CURRENT ASSETS		0	63,452	63,452	20,546
		____	______	______	______
TOTAL ASSETS LESS CURRENT LIABILITIES		0	245,284	245,284	202,378
		______	______	_	______
NET ASSETS		0	245,284	245,284	202,378
		======	=======	=======	=======
FUNDS
		0	245,284	245,284	202,378
		______	______	_	______
TOTAL FUNDS	12	0	245,284	245,284	202,378
		======	=======	=======	=======

The financial statements were approved by the Board of Trustees on 19 July 2021 and were signed on its behalf by:

Perry Kitchen MA FCA: Trustee and Treasurer

Sarah Jillings MA: Chair of Trustees

Putney Arts Theatre

Notes to the Financial Statements

for the Year Ended 31 March 2021

1. ACCOUNTING POLICIES

Basis of preparation and assessment of going concern

The financial statements have been prepared under the historical cost convention with items recognised at historical cost or transaction value. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (the Charities SORP) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Putney Arts Theatre is a Charitable Incorporated Organisation and meets the definition of a public benefit entity under FRS 102.

The trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Tangible fixed assets

Tangible fixed assets comprise a freehold property that is included at the cost of acquisition from the predecessor charity. No depreciation is provided as regular expenditure on maintaining the property means that the amount recoverable on any disposal is likely to be greater than the net book value in the accounts for the foreseeable future.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Part of the fund has been designated by the trustees for the maintenance of the freehold property and incoming resources are allocated to this fund on the basis of the donors' stated wishes. Expenditure on maintenance and enhancement of the property is allocated to this fund.

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.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme, which complies with current pension legislation. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity's artistic programmes and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities on a functional basis as set out in note 7.

Statement of cash flows

In preparing these financial statements the trustees have taken advantage of the disclosure exemptions permitted by the Charities SORP to charities that are not large not to prepare a statement of cash flows.

2. DONATIONS, SPONSORSHIP AND GRANTS

DONATIONS, SPONSORSHIP AND GRANTS
	2021	2020
	£	£
Donations (including Gift Aid)	24,996	6,760
Sponsorships	2,904	1,800
Grants: unrestricted	45,718	7,270
Grants: restricted (Jack Petchey Foundation)	2,500	1,250
HMRC furlough grants	25,687
	______	______
	101,805	17,080
	======	======
NCOME FROM CHARITABLE ACTIVITIES
	2021	2020
	£	£
Subscriptions	43,288	79,824
Productions	43,712	66,420
Other charitable activities	5,288	22,620
	______	______
	92,288	168,864
	======	======

3. INCOME FROM CHARITABLE ACTIVITIES

4. INCOME FROM TRADING ACTIVITIES

	2021	2020
	£	£
Theatre hires etc	4,760	14,958
Other trading activities	129	2,842
	_____	_____
	4,889	17,800
	=====	=====

5. TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 31 March 2021

Trustees’ expenses

There were no trustees’ expenses paid for the year ended 31 March 2021

STAFF COSTS	2021	2020
	£	£
Wages and salaries	105,057	128,939
Social Security costs	6,975	7,151
Other pension costs	5,319	6,749
	______	______
	117,351	142,839
	======	======

The average monthly number of employees during the year was as follows:

	2021	2020
Group 64 Theatre	3	3
General management	2	2
	______	______
	5	5
	======	======

No employees received emoluments in excess of £60,000 (nor in 2020).

7. RESOURCES EXPENDED 2021 Wages Overheads & administration Restricted expenditure (Jack Petchey) Theatre production costs Theatre maintenance & enhancement costs 2020 Wages Overheads & administration Restricted expenditure (Jack Petchey) Theatre production costs Theatre maintenance & enhancement costs	Costs of raising funds £ 5,888 1,610 7,498 ====== Costs of raising funds £ 13,677 3,758 17,435 =======	Costs of charitable activities £ 111,462 33,565 2,500 1,051 0 148,578 ====== Costs of charitable activities £ 129,162 38,466 1,250 30,309 2,669 201,856 ======	Total £ 117,350 35,175 2,500 1,051 0 156,076 ====== Total £ 142,839 42,224 1,250 30,309 2,669 219,291 ======

The Jack Petchey Foundation grants were restricted to the charitable activities of Group 64 Theatre for Young People, and were expended on items of equipment to support drama classes and productions, and to enable bursaries for young people of restricted financial means.

The Independent Examiner provided his services for £1,200 (2020: £1,200) including VAT.

8. TANGIBLE FIXED ASSETS

STOCKS
	2021	2020
	£	£
Stocks	725	1,450
	=====	=====

10.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2021	2020
		£	£
	Other debtors & prepayments	5,152	2,711
		=====	=====
11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2021	2020
		£	£
	Jack Petchey grant (restricted) carried forward		1,000
	Other creditors & accruals	17,671	8,814
	Taxation and social security	1,581	2,380
		19,252	12,194
		=====	=====

12. MOVEMENT IN FUNDS

2021 Net movement in funds At £ Unrestricted funds General fund 42,906 Building Capital 0 TOTAL FUNDS 42,906	31.03.21 £ 236,810 8,474 245,284

Net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	198,982	(156,076)	42,906
Building Capital	0	0	0
	198,982	(156,076)	42,906
2020		Net
		movement
		in funds	At 31.03.20
		£	£
Unrestricted funds
General fund		(13,354)	193,904
Building Capital		(2,193)	8,474
TOTAL FUNDS		(15,547)	202,378

Net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	203,268	(216,622)	(13,354)
Building Capital	476	(2,669)	(2,193)
	203,744	(219,291)	(15,547)

13. RELATED PARTY TRANSACTIONS

There were no related party transactions

The schedules which follow do not form part of the statutory financial statements

14. DETAILED ACCOUNTS FOR THE YEAR TO 31 MARCH 2021

INCOME & EXPENDITURE ACCOUNT

	Putney Theatre Company 2021 Subscriptions & acting fees Productions: Cancelled show donations 579 Truth or Dare 711 Online monologues (donations not linked) 0 Twelfth Night 825 Gut 133 God of Carnage 796 Stories from the Attic 705 The Weir 1,145 It’s What’s Inside that Counts 1,030 _ Total production income Readings & social events Prior year production costs Total PTC Group 64 Drama class subscriptions Productions: Shine on Festival 604 Young Co: Find a Partner 255 Total production income Holiday projects & workshops Education (schools) projects Fundraising Grants and donations Group 64 costs (mainly staff, net of furlough) Total G64 Putney Arts Theatre Income Theatre lettings Art exhibitions/craft fairs/prize draw Car parking Wandsworth BC Grants Donations – Shine On campaign, inc Gift Aid Sales of donated goods Theatre pass & other income Corporate sponsorship Insurance claim PAT income	£ 4,662 The Real Thing The Blue Room Revolutions The Odyssey Bed 13 Bad Jews Enron Radiant Vermin Things I Know to be True The Inaccurate Conception Treasure Island Tribes The Duchess of Malfi The Wolves 5,924 0 269 10,855 38,626 Hansel & Gretel YD: Journey to X/The Stones Peter Pan YC: Witches Can’t Be Burned 859 5,230 87 9,000 (58,535) (4,733) 3,360 1,199 1,400 39,218 22,989 938 (29) 2,904 2,000 73,979	2020 3,777 293 2,128 3,667 1,085 347 3,217 1,546 2,612 343 5,246 2,268 3,381 2,408 2,694 773 4,005 856	£ 6,434 32,318 1,410 (141) 40,021 73,390 8,328 14,118 4,042 1,383 8,520 (86,188) 23,593 14,958 892 1,950 2,500 2,325 1,458 188 1,800 _____ 26,071

	2021	£	2020 £
PAT income (from previous page)		73,979	26,071
Putney Arts Theatre Expenditure
Theatre admin, net of furlough (36,020)			(59,565)
Fixtures, fittings, equipment			(1,584)
Repairs & redecorations	(1,343)		(3,424)
Health & Safety	(2,715)		(391)
Water	(530)		(765)
Council tax			(1,851)
Insurance	(6,878)		(7,393)
Heating	(1,897)		(4,201)
Lighting	(1,750)		(3,913)
Housekeeping & waste disposal	(4,656)		(8,389)
Theatre licence, inspections etc	(859)		(459)
Postage, stationery & printing	(386)		(2,384)
Website & IT	(3,282)		(2,229)
Telephone	(1,722)		(1,684)
General publicity	(151)		(1,049)
Independent examiner	(1,200)		(1,200)
Coffee machine/stock write-off	(590)		(375)
Bank charges	(2,236)		(2,183)
		(66,215)	(103,039)
PAT surplus/deficit		7,764	(76,968)
Summary
PTC		10,855	40,021
Group 64		(4,733)	23,593
PAT		7,764	(76,968)
Total Income & Expenditure surplus/deficit)		13,886	(13,354)
		=====	=====
BUILDING CAPITAL FUND
Income
Donations etc		0	477
Expenditure
New seats & ceiling safety measures		0	(2,670)
		______	__
Building Capital Fund surplus/deficit		0	(2,193)
Building Capital Fund at 1/4/20		8,474	10,667
		_____	_____
Building Capital fund at 31/3/21		8,474	8,474
SUMMARY OF INCOMING/OUTGOING RESOURCES
Income & expenditure surplus/deficit		13,886	(13,354)
Building capital fund surplus/deficit			(2,193)
Theatre Tax Relief, net of fees, to reserves		29,020
		_____	_____
Net incoming resources		42,906	(15,547)
		======	======

15. ACCOUNTS OF PLAYS 2020/21

PTC	The Hollow	Truth or Online	Twelfth The		God of	Stories/	The	It’s What’s	Total	Total
	(cancelled)	Dare Monologues Night Magistrate		Gut	Carnage	Attic	Weir	Inside	2021	2020
Nos. Full			46			83			129	2312
Conc		142	52	41	191		247	206	879	1379
		142	98	41	191	83	247	206	1008	3700
Capacity
As %
Income	£
Tickets		710	1164	205	955	830	1235	1030	6129	42431
Program profit										17
Bar profit										5131
Donations	716	1							717	____
	716	711	1164	205	955	830	1235	1030___	6846__	47579
Expenditure
Set
Props						125			125	1022
Wardrobe			65						65	2165
Hair, Make-up
Lights					56				56	498
Sound/music
Publicity/photo	105								105	2717
Rights				72	103		90		265	3893
Rehearsal space										1444
Wandsworth Council			273						273	273
Scripts/other	32		1						33	874
								____
	_137		339	72	159	125	90		922___	_15261
Profit	579	711	825	133	796	705	1145	1030	5924	32318

=======================================================================================================

Note: PTC Group 64 Nos. Full Conc Capacity As % Income Tickets Program profit Bar profit Other income Expenditure Set Props Wardrobe Hair, Make-up Lights Sound Publicity/photo Rights Rehearsal space WBC Scripts Other Profit	Online Monologues and The Magistrate did not charge for performances. Viewers were encouraged to donate to PAT. Shine Find a Total Total On Partner 2021 2020 17 2312 2312 121 17 1388 1388 121 34 3700 3700 7189 51% £ 605 255 860 9859 (25) 698 _ 605 255 860 10,532 118 59 16 50 248 1575 1 1 138 _1 0 1 2204 604 255 859 8328 =================================	Online Monologues and The Magistrate did not charge for performances. Viewers were encouraged to donate to PAT. Shine Find a Total Total On Partner 2021 2020 17 2312 2312 121 17 1388 1388 121 34 3700 3700 7189 51% £ 605 255 860 9859 (25) 698 _ 605 255 860 10,532 118 59 16 50 248 1575 1 1 138 _1 0 1 2204 604 255 859 8328 =================================
	605 1
		1
	___1 604 =========	1

PTC Online Monologues: Summer 2020

Title A matter of Life and Death Penelope The Watsons A Midsummer Night’s Dream People Places Things My Night with Reg Much Ado About Nothing Much Ado About Nothing The Plague Thing Holes A Streetcar named Desire Noises Off Low Level Panic Hay Fever Mr Burns Educating Rita The Real Inspector Hound Humble Boy From There You’re a Good Man Charlie Brown The Importance of Being Earnest The Writer Hamlet The Assassination of Katie Hopkins The Low Road Miss Julie Bull Two Gentlemen of Verona Picnic at Hanging Rock We Are Three Sisters Posh Death of a Salesman Dido Queen of Carthage Shirley Valentine An Ideal Husband A Slight Ache Good People The Madness of George III Saint Joan Mercury Fur Playhouse Creatures As You Like It Jerusalem Strife There Are No Beginnings The Pride The Merry Wives of Windsor The Angry Brigade Cooking with Elvis Radio Golf All’s Well that Ends Well Twelfth Night The Odd Couple Edward II The Moors Amadeus Who’s Afraid of Virginia Woolf? Henry IV Part 2 Appropriate Bedroom Farce Chewing Gum Dreams Emma Rice Speech

Actor Ally Staddon Tom Thornton Emily Fellows Ali Khan Carla Ritchie Adam Moulder Simon Clarke Louisa Pead Carol Hudson Des Healy Catherine Allison Graham Kellas Morgan Black Olga Budimir Charles Golding Sarah Perkins Caroline D’Arcy Penny Weatherall Loetitia Delais Alexa Adam Theo Leonard Emma Tatlor Cait Hart Dyke Emma Fleming Beth Pedersen Morgan Beale Kirsty Harrison Stuart Watson Sadia Gordon Saffy Andrews Tim Iredale Corinna Miller Amanda Benzecry Sarah Kitchen Lizzie Iredale Jim Dixon Sarah Jillings Nick Mouton Emily Prince Wilf Walsworth Lois Saville Bradley White Graham White Jerome Joseph Kennedy Sharon Czudak Craig Bates Lesley Ann Jones Molly Cleary Bill Boyd Jonathon Grant Ellen Fife Tessa Campbell Barney Hart Dyke Paul Graves Emily Robbins Ian Higham Henry Finlay Paddy Cooper Paula Mount Grace Johnston Saffy Andrews All Actors

Director

Emma Miles Josie Murphy Zoe Thomas Webb Tom Sainsbury Elly Meacham Ben Clare Katie Bonham Katie Bonham Marcia Kelson Jonathan Grant Jerome Joseph Kennedy Carla Ritchie Emily Fellows Carrie Cable Zoe Thomas Webb Adam Moulder Barney Hart Dyke Fran Rafferty Graham Kellas Stuart Watson Carrie Cable Craig Bates Ben Clare Katie Bonham Ian Higham Tom Sainsbury Kirsty Harrison Kim Dyas Emma Miles Emily Fellows Jeff Graves Elly Meacham Frances Bodiam Amanda Benzecry Grace Johnston Susanna Statton Graham Kellas Zoe Thomas Webb Ian Higham Nick Mouton Frances Bodiam Ben Clare Barney Hart Dyke Jeff Graves Susanna Statton Molly Cleary Ian Higham Elly Meacham Jeff Graves Paddy Cooper Laura Clifford Tom Thornton Harry Chambers Angharad Ormond Craig Bates Geoff Saunders Kim Dyas Beth Pedersen Nick Mouton Michael Maitland Jones Ben Clare The Group

Supporting cast

We are forever grateful to the following for their support of the Putney Arts Theatre

The ADAPT Trust Allan Fuller Estate Agents The Ashley Foundation The Baring Foundation The Bay Tree Charitable Trust Denis Clark The Big Give The estate of Antony Bridges Win and Fred Bridges Chelsea Financial Services PLC The estate of Kathleen Clelland The Ernest Cook Trust The Co-op Community Fund The Maurice Copus (Group 81) Bursary The Foundation for Sport and the Arts Da Franco Restaurant Debonair Group The Sir Robert Gefferys Trust Ma Goa Restaurant The estate of Anna Greenburgh Group 64 Alumni The estate of Paul Haken Fixing the Putney Arts Theatre sign The estate of Nicholas Hawker Nick Hern Books Boris Karloff The Lodge Hotel, Putney MAJ Broadcast Ltd Maple Dentist The Miles Trust for Putney and Roehampton The National Lottery through the Arts Council of England The estate of Juanita Patrick The Jack Petchey Foundation Proficiency Ltd Putneyprinting.com (1[st] Creative) Putney Arts Theatre “Shine On” campaign The Putney Society The Reed Foundation Roca Ltd Sainsbury’s Ltd Santander Discovery Strada Restaurants The Truemark Trust Waitrose plc Sir Walter St John’s Educational Charity Wandsworth Borough Council White Light Ltd Control centre: the sound/lighting control room Piers Wilson The Woolf Charitable Trust World First Foreign Exchange Members of PTC and PAT, Group 64 parents, and many individuals from the Putney Community

Fixing the Putney Arts Theatre sign

Control centre: the sound/lighting control room