## ## ## |Directors||||||| |---|---|---|---|---|---|---| ||||Amit Sharma|||| ||||Andrew Peter Staves|||| ||||Doreen Foster (appointed|||28October 2020)| ||||Erica Whyman|||| ||||Gareth Machin|||| ||||Graham
Lister|||| ||||Grahame
Morris|||| ||||Jack McNamara|||| ||||Joanna Read|||| ||||Leo Skilbeck|||| ||||l.ivvy Brinson|||| ||||Natalie ibu|||| ||||Sarah Frankcom|||| ||||Theresa Heskins|||| |Company|number||8535161(England||and Wales)|| |Charity number|||11S9966|||| |Registered||office|Royal Exchange Theatre Co|||Ltd| ||||StAnns Square|||| ||||IVlanchester|||| ||||M2 7DH|||| |Independent||Examiner|Cara Turtington|FCA DChA||| ||||Saffery Charnpness||LLP|| ||||71Queen Victoria||Street|| ||||London|||| ||||EC4V4BE|||| ## |Directors report|||| |---|---|---|---| |Independent
Examiners||report|| |Statement offinancia!||activities|| |Balance sheet|||| |Notes to the financial|statements||15-21| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |ID
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Cl||| ## ## ||||2021|2020| |---|---|---|---|---| |||Notes|E|E| |Current assets||||| |Debtors|||1,058|15,112| |Cash at bank|and in hand||532,264|385,152| ||||533,322|400,264| |Creditors||||| |Amounts
falling due within one year|||41,486|56,184| |Net current|assets/(liabilities)||491,836|344,080| |Net assets|||491,836|344,080| |Funds||||| |Unrestricted|funds||470,229|341,298| |Restricted funds|||21,607|2,782| |Total funds||11.12|491,836|344,080| ## ## ## ## ## ## ## ## ## ## ## ## ## |3.|Income|||| |---|---|---|---|---| ||||2021|2020| |||||E| ||Arts Council Core Funding||188,404|185,000| ||Trusts and Foundations||90,000|66,000| ||ADLP project|||49,635| ||Other project|grants|26,620|| ||Recruitment|income|24,103|12,000| ||Other income||6,152|2,656| ||||335,279|315,291| |Expenditure|||||||| |---|---|---|---|---|---|---|---| ||||Staff costs|Direct costs|Support|Tata I|Total| ||||(note 6)||costs|2021|2020| ||||E|E|E|E|E| |Charitable|activities||103,909|73,887|9,728|187,524|231,486| ||||103,909|73,887|9,728|187,524|231,486| |Direct costs||||||2021|2020| |||||||E|E| |Placements|and residencies|||||69,617|58,542| |ADI P project||costs|||||29,852| |Coronavirus||and dass project||||4,270|| |||||||73,887|88,394| |Support costs|||||||| |Residency at||Young Vic||||1&560|1,560| |Marketing|||||||5,396| |Travel and accommodation||||||88|6,023| |Insurance||||||1,927|1,479| |Administration||||||184|1,206| |Website costs||||||815|1,089| |Bank charges||||||253|266| |Accountancy||||||4,901|2,100| |||||||9,728|19,119| ||A split ofthe|chari|table
ac|tivities
in the p|rior year is asfol|lows:||| |---|---|---|---|---|---|---|---|---| |||||Staffcosts|Direct costs|Support|Total|| |||||(note 6)||costs|2020|| |||||||E|6|| ||Charitable|activities||123,973|88,394|19,119|231,486|| |||||123,973|88,394|19,119|231,486|| ||Net income/expenditure|||||||| ||||||||2021|2020| ||Net expenditure||is stated|after charging:|||6|f| ||Independent|examiner's||fee|||2,100|2,100| |6.|Staff costs|||||||| ||||||||2021|2020| ||||||||E|| ||Salaries||||||93,466|103,015| ||Employer's
Nl
Pension costs||||||5,384
2 992|10790
=W83| ||Direct staff|costs||||101,842||117,188| ||Freelance support||||||2,067|6,785| |||||||103,909||123,973| ## ## ## ## ## ## |Debtors|||| |---|---|---|---| |||2021|2020| |||6|| |Due within one year|||| |Trade debtors||1,058|| |Prepayments|and accrued income||15,112| |Sundry debtors|||40| |||1,058|15,152| |Creditors|||| |||2021|2020| |||6|6| |Amounts
falling due within one year|||| |Trade creditors||310|26,882| |Social security|and other taxes|2,891|3,270| |Accruals and|deferred income|36,027|26,032| |Sundry creditors||2,258|| |||41,486|56,184| ## ## |Funds|||||| |---|---|---|---|---|---| ||Balance|income|gxpenditure|Transfers|Balance| ||1April|||between|31March| ||2020|||funds|2021| ||E||||6| |Unrestricted
funds|||||| |General funds|178,798|194,179|(128,960)|(55,280)|188,197| |Career tracking funds|25,000|||10,000|35,000| |Programme
funds|60&OOO|24,103|(2,891)|45,820|127,032| |Garfield Weston|17,500||(17;500)||| |Esmee Fairbairn|60,000|90,000|(30,000)||120,000| |Restricted funds|||||| |Ramps on the Moon||22,620|(2,620)||20,000| |Class & Coronasgrus||4,377|(4,270)||107| |Other grant funders|||(1,282)||1,500| ||344,080|335,279|(187,523)||491,836| ## ||Balance|income|Expenditure|Transfers|Balance| |---|---|---|---|---|---| ||1April|||between|31March| ||2019|||funds|2020| ||E|||E.|E| |Unrestricted
funds|||||| |General funds|203,493|219,291|(208,986)|(35,000)|178,798| |Career tracking funds|15,000|10,000|||25,000| |Programme
funds|40,000|20,000|||60,000| |Garfield Weston|||(17,500)|35,000|17,500| |Esmee Fairbairn||60,000|||60,000| |Restricted funds|||||| |ADLP Project|(218)|||218|| |Other grant funders|2,000|6,000|(5,000)|(218)|2,782| ||260,275|315,291|(231,486)||344,080| |11.|Analysis ofnet assets between funds|||| |---|---|---|---|---| |||Unrestricted|Restricted|Total 2021| |||E|E|E| ||Debtors|1,058||1,058| ||Cash at bank|491,923|40,341|532,264| ||Creditors|(22,752)|(18,734)|(41,486)| |||470,229|21,607|491,805| |||Unrestdcted|Restricted|Total 2020| |||E|E|E| ||Debtors|15,112||15,1.12| ||Cash at bank|363,636|21.,516|385,152| ||Creditors|(37,450)|(18,734)|(56,184)| |||341,298|2,782|344,080| ##