## Struts and Frets Struts and Frets is a registered Charity (reg no. 1162917). The Principal office is 154 Metro Central Heights, 119, Newington Causeway, London, SE1 6BT **Report of the trustees for the year ending 16[th] March 2023** The following report and financial review have been prepared in accordance with the Charities Act 2011, and the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards for Smaller Entities. Struts and Frets is a Charitable Incorporated Organization, governed by a Foundation Model Constitution since Thursday 2[nd] July 2015. ## **Structure, governance and management** Struts and Frets has three trustees who have been in place since foundation. There have been no other trustees or custodians, and there are no plans to recruit or appointment any more trustees. No other person or body external to the charity is entitled to appoint one or more of the trustees. The charity trustees have complied with their duty to have due regard to the guidance on public benefit published by the commission in exercising their powers or duties. The daily operational running of the charity has been delegated to the Director. All activities undertaken by Struts and Frets have been entirely for the public benefit, whether recruiting for productions as widely, openly and transparently as possible from the general public, to performing for free, collaborating with as many artists, designers, directors as possible at no expense to them and to no private benefit to ourselves. We have covered the cost of all productions and reimbursed all participants, have benefitted the public in free live or recorded performances, or discounted live performances, and have made no financial or other gain ourselves. ## **Directors and Trustees** The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serving from Thursday 2[nd] July 2015 and until 9[th] July 2022 were: Rosie Wesemann, Zumrut Somel Gray, Anna Woodworth, who resigned on 9[th] July and was replaced on 27[th] July 2022 by Monika Stansall The Director is Francesca De Sica Two trustees, Rosie Wesemann and Zumrut Somel Gray, and the director have been in post since Struts and Frets was established on Thursday 2[nd] July 2015. Anna Woodworth was a trustee from Thursday 2[nd] July 2015 until her resignation on 9[th] July 2022. Monika Stansall took over as the third trustee from 27[th] July 2022. There have been no other trustees or custodians during the period to 16[th] March 2023. The Trustees have not received any benefits or payments from the charity during the period ending 16[th] March 2023. ## **Purpose and Activities** The Objectives of Struts and Frets is to advance, improve, develop and maintain public education in, and appreciation of, the art of drama by any means the trustees see fit, including through the presentation of public performances. ## **Performance and Achievements** Between 17[th] March 2022 and 16[th] March 2023, the main focus of the year was the production of “The Mabinogion”, or “Y Mabinogi”, the WelshEnglish language children’s outdoor theatre touring production with CADW. A full report of the production, the tour, the education programme and the breakdown of costs and impact can be found in the Appendix. ## **Plans for future periods** The company is also writing another Victoriana play on the Fox Sisters to be performed in 2023. As with Sherlock Holmes, girls’ schools will be invited and we’ll offer free Q&A and on site workshops at their schools to encourage girls to use their voice on stage and in the world. Again, our recruitment process – of performers, designers, directors, producers, writers, stage managers and all and any other participants will be drawn from as wide and broad a spectrum of the public as possible, and will be open to as many members of the public, either live or recorded, fulfilling our wish and our duty to perform for the public benefit. ## **Financial review** For the year ending 16[th] March 2023 Struts and Frets balanced out their payments and receipts. Total expenditure for the charity for the year ending 16[th] March 2023 was £154,531.30. Struts and Frets has no investments, no reserves and no assets. The Director has been responsible for the financial management of Struts and Frets. The detailed transactions and the summarised statements have been reviewed by the Trustees. The following financial summary has been prepared on a receipts and payments basis. The charity has no assets, no liabilities and no investments. **Struts and Frets Annual accounts for the year ending 16[th] March 2023** Income £0 £154,53 Expenditure 1.30. Net Deficit £0 Signed Trustee: Date: ThEfDIIMwflhanc4a15vrnmary hisbeèn PiépiiÈdoha reiElPtSanaPawenlsb1515 ThÈ Strutsèr*FTEtsAnryu•l K￿￿￿tshrth•VPIlthdSN1I6lh In￿￿￿ Ma￿h1o22 EMpEr4ilure 3/1 /1 **----- Start of picture text -----**
Struts and Frets 1162917
**----- End of picture text -----**
## **Receipts and payments accounts** **----- Start of picture text -----**
CC16a
**----- End of picture text -----**
**For the period** 17-Mar-22 16-Mar-23 **To from** ## **Section A Receipts and payments** |||**Unrestricted**
**funds**|||||**Restricted**
**funds**|||||**Endowment**
**funds**|||||**Total funds**||||**Last year**|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||**to the nearest**|**£**||||**to the nearest £**|||||**to the nearest £**|||||**to the nearest £**||||**to the nearest £**|| |**A1 Receipts**||||||||||||||||||||||| |Ticket sales|||**-**||||**-**|||||**-**|||||**-**||||**-**|| |Directorpersonal fund|||**-**||||**-**|||||**-**|||||**-**||||**-**|| ||||**-**||||**-**|||||**-**|||||**-**||||**-**|| |Other|||**-**||||**-**|||||**-**|||||**-**|||||| ||||**-**||||**-**|||||**-**|||||**-**||||**-**|| |**_Sub total_**_(Gross income for AR)_|||||||||||||||||~~0~~|||||| |**A2 Asset and investment sales,**||||||||||||||||||||||| |**(see table).**||||||||||||||||||||||| ||||**-**|||||**-**|||||**-**||||**-**|||||| |**_Sub total_**|||**-**|||||**-**|||||**-**||||**-**||||**-**|| |||||||||||||||||||||||| |**_Total receipts_ **|||**-**|||||**-**|||||**-**||||**-**||||**-**|| |**A3 Payments**||||||||||||||||||||||| ||||||||**-**|||||**-**|||||||||**-**|| |Staff costs|||**-**||||**-**|||||**-**|||||**71,269**||||**-**|| |Marketing|||||||||||||||||**23,024**||||**-**|| |Costumes, set props, rehersal and||||||||||||||||||||||| |performance space|||**-**||||**-**|||||**-**|||||**12,432**||||**-**|| |Travel and Visa|||**-**||||**-**|||||**-**|||||**18,150**||||**-**|| |Sundries|||**-**||||**-**|||||**-**|||||**29,657**||||**-**|| |**_Sub total_ **|||**-**||||**-**|||||**-**|||||**154,531**||||**-**|| CCXX R1 accounts (SS) 01/23/2024 1 |**A4**|**Asset and investment**|||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |**purchases, (see table)**||||||||||||||||||||| |nil|||0||||0||||0||||**-**|||||| ||**_Sub total_ **||**-**||||**-**||||**-**||||**-**||||**-**|| |||||||||||||||||||||| ||**_Total payments_ **||**-**||||**-**||||**-**||||**154,531**||||**-**|| |||||||||||||||||||||| ||**_Net of receipts/(payments)_**||**0.00**||||**0.00**||||**0.00**||||**-154531.30**||||**0.00**|| |**A5**|**Transfers between funds**||**-**||||**-**||||**-**||||**-**||||**-**|| |**A6**|**Cash funds last year end**||**-**||||**-**||||**-**||||**-**||||**-**|| ||**_Cash funds this year end_**||**0.00**||||**0.00**||||**0.00**||||**0.00**||||**0.00**|| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**|**Details**
nil
**Details**
nil
**Details**
nil
**Details**
nil
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
nil
**0.00**
OK
**to nearest £**
nil
nil
nil
**Unrestricted**
**funds**
**Unrestricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**|**to nearest £**
nil
**0.00**
OK
**to nearest £**
nil
**Cost (optional)**
nil
**Cost (optional)**
nil
**Restricted**
**funds**
**Restricted**
**funds**|**to nearest £**
**Endowment**
**funds**| |---|---|---|---|---| |||||nil| |||||**0.00**| |||||OK| |||||**to nearest £**
**Endowment**
**funds**| |||||nil| |||||**Current value**
**(optional)**| |||||nil| |||||**Current value**
**(optional)**| ||nil|nil|nil|nil| CCXX R2 accounts (SS) 01/23/2024 2 ## **B5 Liabilities** Signed by one or two trustees on behalf of all the trustees |**Details**
nil
Signature|nil
nil
Print Name
**Fund to which**
**liability relates**
**Amount due**
**(optional)**|**When due**
**(optional)**| |---|---|---| |||nil| |||Date of
approval| |||| CCXX R3 accounts (SS) 01/23/2024 3 CCXX R3 o¢counl¥ ISSI 21YJio024 CCXX R4 accounts ss 0112312024