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|**Reference and administrative information**|**Reference and administrative information**|
|---|---|
|**Trustees**||
|S Hall (Chair)||
|J Ruffer||
|L Greig||
|K Eld||
|N White||
|L Fairclough|(Appointed 25" April 2022)|
|D Barrie|(Appointed 25" April 2022)|
|**Key management personnel**||
|Al Daulon|Chief Executive Officer|
||Executive Producer Kynren and 11Arches Park|
||Artistic Director|
|A Warnecke|Directorof Cavalry and Estates|
||Deputy Executive Producer 11Arches Park|
|G Emerson|DirectorofTechnical Projects|
|L Robinson|Head of Cavalry|
|C Boissinot|Production Advisor|
|K Halfpenny|Finance Controller|
|**Registered office and Principal place of business**||
|Flatts Farm||
|Toronto||
|Bishop Auckland||
|County Durham||
|DL14 7SF||
|**Charity number**||
|1159011||
|**Company number**||
|09055646 (England & Wales)||
|**Auditor**||





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|||**Unrestricted**|**Restricted**|**Total**<br>**Funds**|**Total**<br>**Funds**|
|---|---|---|---|---|---|
||**Notes**|**Funds**|**Funds**|**`2022`**|**`2021`**|
|||£|£|£|£|
|**Income from:**||||||
|Donations and Legacies|**2**|10,006,000||10,006,000|1,028,937|
|Tradingactivities|**3**|1,021,002||1,021,002|1,043,731|
|Investments|**4**|3,260||3,260|78|
|Other|**5**|227,566||227,566|289,871|
|**Total income**||11,257,828||11,257,828|2,362,617|
|**Expenditure on:**||||||
|Charitableactivities|**6**|4,058,005||4,058,005|4,108,781|
|Raisingfunds|**6**|269,823||269,823|137,809|
|Total expenditure beforetaxation||4,327,828||4,327,828|4,246,590|
|**Taxation**||||||
|**Total expenditure after taxation**||4,327,828||4,327,828|4,246,590|
|**Net movement in funds**|**17**|6,930,000||6,930,000|(1,883,973)|
|**Total funds brought forward**||22,497,153||22,497,153|24,381,126|
|**Total funds carried forward**|**17**|29,427,153||29,427,153|22,497,153|





|||**Group**||**Charity**|**Charity**|
|---|---|---|---|---|---|
|||**2022**|**2021**|**2022**|**2021**|
||**Notes**|£|£|£|£|
|**Fixed assets**||||||
|Intangibleassets|**9**|727,684|920,751|727,684|920,751|
|Tangible assets|**10**|19,207,801|19,850,877|19,207,801|19,850,877|
|Fixed asset investments|**11**|||10|10|
|||19,935,485|20,771,628|19,935,495|20,771,638|
|**Current assets**||||||
|Stocks|**12**|52,860|58,015|||
|Debtors|**13**|281,450|255,166|906,761|1,603,401|
|Cash at bank and in hand||9,652,337|1,876,816|8,824,342|392,647|
|||9,986,647|2,189,997|9,731,103|1,996,048|
|**Creditors: Amounts**||||||
|**falling within one year**|**14**|(494,622)|(464,115}|(275,915)|(315,988)|
|**Net current assets/ (liabilities)**||9,492,025|1,725,882|9,455,188|1,680,060|
|**Total assets less current**||29,427,510|22,497,510|29,390,683|22,451,698|
|**liabilities**||||||
|**Provisions for liabilities**|**16**|(357)|(357)|||
|**Net assets**||29,427,153|22,497,153|29,390,683|22,451,698|
|**The funds of the charity**||||||
|**Unrestricted funds:**||||||
|Generalfunds|**17**|28,304,260|21,374,260|28,267,790|21,328,805|
|Designatedfunds|**17**|1,122,893|1,122,893|1,122,893|1,122,893|
|**Total charity funds**||29,427,153|22,497,153|29,390,683|22,451,698|






||**Note**|**2022**|**2021**|
|---|---|---|---|
|||£|£|
|**Cash flows from operating activities**|**18**|8,554,685|534,198|
|**Cash flows from investing activities**||||
|Purchase ofproperty, plant and equipment||(782,424)|(680,500)|
|Proceedsfrom the sale of property, plant and equipment||||
|Interest received||3,260|78|
|**Net cash used in investing activities**||(779,164)|(680,422)|
|**Net cash (used in)/provided by financing activities**||||
|lncrease/(decrease) in cash and cash equivalents||7,775,521|(146,224)|
|Cash and cash equivalentsatthe beginning ofthe year||1,876,816|2,023,040|
|**Cash and cash equivalents at the end of the year**||9,652,337|1,876,816|
|**Relating to:**||||
|Cash at bankand in hand||9,652,337|1,876,816|
|**Total cash and cash equivalents**||9,652,337|1,876,816|





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||**Unrestricted**|**Restricted**|**2022**|**2021**|
|---|---|---|---|---|
||**Funds**|**Funds**|**Total**|**Total**|
||£|£|£|£|
|Donations|10,006,000||10,006,000|1,028,937|
|Total 2021|1,028,937||1,028,937||





## 

|**3**|**Income from trading activities**|||||
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**2022**|**2021**|
|||**Funds**|**Funds**|**Total**|**Total**|
|||£|£|£|£|
||Ticket sales|838,393||838,393|911,048|
||Retail income|170,722||170,722|103,495|
||Catering income|11,887||11,887|29,188|
|||1,021,002||1,021,002|1,043,731|
||Total 2021|1,043,731||1,043,731||
|**4**|**Investment income**|||||
|||**Unrestricted**|**Restricted**|**2022**|**2021**|
|||**Funds**|**Funds**|**Total**|**Total**|
|||£|£|£|£|
||Bank interest|3,260||3,260|78|
|||3,260||3,260|78|
||Total 2021|78||78||
|**5**|**Other income**|||||
|||**Unrestricted**|**Restricted**|**2022**|**2021**|
|||**Funds**|**Funds**|**Total**|**Total**|
|||£|£|£|£|
||Other|227,566||227,566|289,871|
||Total 2021|289,871||289,871||





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|||**Unrestricted**|**funds**|**funds**||||
|---|---|---|---|---|---|---|---|
||**Direct**|**Staff**||**Support**|**Restricted**|**`2022`**|**`2021`**|
||**costs**|**costs**||**costs**|**funds**|**Total**|**Total**|
||£|£||£|£|£|£|
|**Charitable activities:**||||||||
|Projectcosts|1,234,920|||||1,234,920|1,224,073|
|Premises costs||||24,512||24,512|31,686|
|Lightand heat||||104,643||104,643|64,971|
|Staffcosts(note 8)||414,097||||414,097|531,382|
|Office costs||||36,353||36,353|58,939|
|Equipment||||210,430||210,430|64,483|
|Marketing and advertising||||148,700||148,700|92,986|
|Travel costs||||37,175||37,175|20,194|
|Legal and professionalfees||||26,723||26,723|42,457|
|Consultancyand subcontractor||||121,704||121,704|107,039|
|Othercosts||||33,453||33,453|16,655|
|Staffdevelopment||||34,729||34,729|22,204|
|Governance||||12,000||12,000|2,750|
|Depreciation|||1,425,499|||1,425,499|1,598,686|
|Amortisation||||193,067||193,067|230,276|
||1,234,920|414,097|2,408,988|||4,058,005|4,108,781|
|Total 2021|1,331,112|531,382|2,246,287|||4,108,781||
|**Raising funds**||||||||
|||**Unrestricted**||**Unrestricted**||||
|||**General**||**Designated**||**2022**|**2021**|
|||**Funds**|||**Funds**|**Total**|**Total**|
||||£||£|£|£|
|11Arches Night Show Limited|||269,823|||269,823|137,809|
|Total 2021|||137,809|||137,809||





## 

|||**2022**|**2021**|
|---|---|---|---|
|||£|£|
|Net incoming resources is stated aftercharging/(crediting):||||
|Auditor's remuneration:|- audit|19,500|17,000|
||-taxadvisory|3,500|2,750|
||- accountancy|5,400|4,500|
|Operating leasecharges||672|4,337|
|Profiton saleoffixed assets||||
|Exchangedifferences||15,856|(54)|



||**2022**|**2021**|
|---|---|---|
||£|£|
|**Staff costs:**|||
|Wagesand salaries|297,094|279,945|
|Social security costs|57,854|179,335|
|Other pension costs|41,136|63,828|
|Agency costs|18,013|8,274|
||414,097|531,382|



||**2022**|**2021**|
|---|---|---|
|**Staff numbers:**|**No.**|**No.**|
|Theaveragenumberof employeesduringthe yearwere:|||
|Managementand administration|5|8|





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|**9**|**Intangible fixed assets**||||
|---|---|---|---|---|
||**Group and charity**||||
||||**Artistic**||
|||**Software**|**Direction**|**Total**|
|||£|£|£|
||**Cost**||||
||At 1 October2021|4,365|2,179,347|2,183,712|
||At 30 September2022|4,365|2,179,347|2,183,712|
||**Depreciation**||||
||At 1 October2021|4,365|1,258,596|1,262,961|
||Charge foryear||193,067|193,067|
||At 30 September2022|4,365|1,451,663|1,456,028|
||**Net book value**||||
||At 30 September2022||727,684|727,684|
||At 30 September2021||920,751|920,751|





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||**Freehold**|**Assets**||**Fixtures**||||
|---|---|---|---|---|---|---|---|
||**Land and**|**Under**|**Plant and**|**and**|**Motor**|||
||**Buildings**|**Construction**|**Equipment**|**Fittings**|**Vehicles**||**Total**|
||£|£|£|£||£|£|
|**Cost**||||||||
|At 1 October 2021|22,428,372||6,479,931|221,101|29,991||29,159,395|
|Additions|331,771|361,250|4,000|81,243|4,160||782,424|
|At 30 September 2022|22,760,143|361,250|6,483,931|302,344|34,151||29,941,819|
|**Depreciation**||||||||
|At 1 October 2021|4,763,933||4,384,909|130,636|29,041||9,308,519|
|Charge for year|964,727||438,956|20,797|1,019||1,425,499|
|At 30 September 2022|5,728,660||4,823,865|151,433|30,060||10,734,018|
|**Net book value**||||||||
|At 30 September 2022|17,031,483|361,250|1,660,066|150,911|4,091||19,207,801|
|At 30 September 2021|17,664,439||2,095,022|90,465|950||19,850,877|





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||**Freehold**|**Assets**||**Fixtures**|**Fixtures**||||
|---|---|---|---|---|---|---|---|---|
||**Land and**|**Under**|**Plant and**|**and**||**Motor**|||
||**Buildings**|**Construction**|**Equipment**|**Fittings**||**Vehicles**||**Total**|
||£|£|£||£||£|£|
|**Cost**|||||||||
|At 1 October 2021|22,428,372||6,479,931|218,809||29,991||29,157,103|
|Additions|331,771|361,250|4,000|81,243||4,160||782,424|
|At 30 September 2022|22,760,143|361,250|6,483,931|300,052||34,151||29,939,527|
|**Depreciation**|||||||||
|At 1 October 2021|4,763,933||4,384,909|128,344||29,041||9,306,227|
|Charge for year|964,727||438,956|20,797||1,019||1,425,499|
|At 30 September 2022|5,728,660||4,823,865|149,141||30,060||10,731,726|
|**Net book value**|||||||||
|At 30 September 2022|17,031,483|361,250|1,660,066|150,911||4,091||19,207,801|
|At 30 September 2021|17,664,439||2,095,022|90,465||950||19,850,877|





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|Investments-shares in group undertakings:|**2022**|**2021**|
|---|---|---|
||£|£|
|At 1 October2021 and 30 September2022|10|10|



|||||**2022**|**2021**|
|---|---|---|---|---|---|
||**Summary profit and loss account**|||£|£|
||Turnover|||1,021,002|1,038,745|
||Expenses|||(987,228)|(992,930}|
||Interest received|||3,055||
||Net profit before tax|||36,829|45,815|
|||||**2022**|**2021**|
|||||£|£|
||**The assets and liabilities of the subsidiary were:**|||||
||Fixed assets|||||
||Current assets|||891,255|1,588,468|
||Creditors: amountsfalling due in one year|||(854,418}|(1,542,645)|
||Provisionsfor liabilities|||(357)|(357)|
||Tatal net assets|||36,480|45,466|
||Aggregate share capital and reserves|||36,480|45,466|
|**12**|**Stocks**|||||
||||**Group**||**Charity**|
|||**2022**|**2021**|**2022**|**2021**|
|||£|£|£|£|
||Goods purchased for resale|52,860|58,015|||





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|**13**|**Debtors**|||||
|---|---|---|---|---|---|
||||**Group**||**Charity**|
|||**2022**|**2021**|**2022**|**2021**|
|||£|£|£|£|
||Amounts owed by group undertakings|||513,350|1,353,239|
||Otherdebtors|27,472|202,532|139,433|209,705|
||Prepayments and accrued income|253,978|52,634|253,978|40,457|
|||281,450|255,166|906,761|1,603,401|
|**14**|**Creditors: Amounts falling due within one year**|||||
||||**Group**||**Charity**|
|||**2022**|**2021**|**2022**|**2021**|
|||£|£|£|£|
||Trade creditors|310,131|320,893|229,288|264,005|
||Amounts owed to group undertakings|||||
||Othertaxation and social security|13,832|6,576|13,832|6,576|
||Othercreditors||11,390||20,346|
||Accruals and deferred income|170,659|125,256|32,795|25,061|
|||494,622|464,115|275,915|315,988|
|**15**|**Deferred income**|||||
||||**Group**||**Charity**|
|||**2022**|**2021**|**2022**|**2021**|
|||£|£|£|£|
||Balance as at 1 October2021|97,812|213,959|||
||Released from previous years|(97,812)|(213,959)|||
||Resources deferred in the year|57,903|97,812|||
||Balance as at 30 September|57,903|97,812|||
||2022|||||





## 

||**2022**|**2021**|
|---|---|---|
||£|£|
|Deferredtax liability|357|357|
|Therewas nodeferredtax liability in thecharity.|||



||**At**|**Incoming**|**Outgoing**|**Transfers**|**At30**|
|---|---|---|---|---|---|
||**1 October**|**Resources**|**Resources**|**Between**|**September**|
||**2021**|||**Funds**|**2022**|
||£|£|£|£|£|
|**Unrestricted funds**||||||
|Designatedfunds:||||||
|Land Fund|1,122,893||||1,122,893|
|Generalfunds|21,374,260|11,257,828|(4,327,828)|-|28,304,260|
||22,497,153|11,257,828|(4,327,828)|-|29,427,153|
|**Restricted funds**||||||
|Total funds|22,497,153|11,257,828|(4,327,828)|-|29,427,153|
|**Charity**||||||
||**At**|**Incoming**|**Outgoing**|**Transfers**|**At30**|
||**1 October**|**Resources**|**Resources**|**Between**|**September**|
||**2021**|||**Funds**|**2022**|
||£|£|£|£|£|
|**Unrestricted funds**||||||
|Designatedfunds:||||||
|Land Fund|1,122,893||||1,122,893|
|Generalfunds|21,328,805|10,933,517|(3,994,532)|-|28,267,790|
|Total funds|22,451,698|10,933,517|(3,994,532)|-|29,390,683|
|**Restricted funds**||||||
|Total funds|22,451,698|10,933,517|(3,994,532)|-|29,390,683|





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||**At**|**Incoming**|**Outgoing**|**Transfers**|**At30**|
|---|---|---|---|---|---|
||**1 October**|**Resources**|**Resources**|**Between**|**September**|
||**2020**|||**Funds**|**2021**|
||£|£|£|£|£|
|**Unrestricted funds**||||||
|Designated funds:||||||
|Land Fund|1,122,893||||1,122,893|
|Generalfunds|23,258,233|2,362,617|(4,246,590)|-|21,374,260|
|Total funds|24,381,126|2,362,617|(4,246,590)|-|22,497,153|
|**harity**||||||
||**At**|**Incoming**|**Outgoing**|**Transfers**|**At30**|
||**1 October**|**Resources**|**Resources**|**Between**|**September**|
||**2020**|||**Funds**|**2021**|
||£|£|£|£|£|
|**Unrestricted funds**||||||
|Designated funds:||||||
|Land Fund|1,122,893||||1,122,893|
|General funds|23,256,902|2,189,702|(4,117,799)|-|21,328,805|
|Totalfunds|24,379,795|2,189,702|(4,117,799)|-|22,451,698|



## 



## 

||**Unrestricted**|**Unrestricted**|**Total**|
|---|---|---|---|
|**Fund balances at 30 September 2022 are**|**General**<br>**Funds**|**Designated**<br>**Funds**|**2022**|
|**represented by:**|£|£|£|
|Fixed assets|18,812,592|1,122,893|19,935,485|
|Current assets|9,986,647||9,986,647|
|Creditors: amounts duewithin oneyear|(494,622)||(494,622)|
|Provisions for liabilities|(357)||(357)|
||28,304,260|1,122,893|29,427,153|
||**Unrestricted**|**Unrestricted**|**Total**|
|**Fund balances at 30 September 2021 are**<br>**represented by:**|**General**<br>**Funds**<br>£|**Designated**<br>**Funds**<br>£|**2022**<br>£|
|Fixed assets|19,648,735|1,122,893|20,771,628|
|Current assets|2,189,997||2,189,997|
|Creditors: amounts duewithin one year|(464,115)||(464,115)|
|Provisions for liabilities|(357)||(357)|
||21,374,260|1,122,893|22,497,153|



||**2022**|**2021**|
|---|---|---|
||£|£|
|Net movement infunds|6,930,000|(1,883,973)|
|Interest received|(3,260)|(78)|
|Depreciation|1,425,499|1,598,683|
|Amortisation|193,067|230,276|
|Profit on saleoffixed assets|||
|Decrease in stock|5,155|29,078|
|(Increase)/decreaseindebtors|(26,284)|612,880|
|lncrease/(decrease) in creditors|30,508|(52,668)|
|**Net cash inflow/(outflow) from operating activities**|8,554,685|534,198|





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||**Relationship**|**Income**|**Expenditure**|**Year end**|
|---|---|---|---|---|
|||||**balance**|
|Lempriere Pringle|Common trustee|10,000,000|||
|The Auckland Project|Common trustee||(33,629)|(33,381)|





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