Struts and Frets Struts and Frets is a reg15tered Charlty (reg no. 1162917). The Principal office is 154 Metro Central Height5, 119, Newin8ton Causeway, London, SEI 6BT RL'POI"t ot. IIILI ti"iisteLi% fq)i' Ili(, yi'.'It" iiii(Iliix I Ciili MiifLh 2n24 The following report and flnanclal revlew have been prepared In accordance with the Charities Act 2011, and the Statement of Recommended Practlce appllcable to charities preparin8 their accounts in accordance wlth the Flnanclal Reportlng Standards for Smaller Entities. Struts and Frets is a Charitable Incorporated Organlzation, governed by a Foundation Model nd Constitution sino Thursday 2 July 2015. Structure. govei'naiice and niaiiageinent Struts and Frets has three trustees, two of whom have been in place since foundation, and the third replaced in 2022. 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, direttors 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 havo made no financ4Lor Q$hAL£LOeIR5. 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 17th March 2023 until 16th March 2024 were: Rosie Wesemann, Zumrut Somel Gray, Monika Stansall The Director is Francesca De Sica th There have been no other trustees or custodians during the period to 16 March 2024.
The Trustees have not recelved any beneflts or payments from the charlty during the period ending 16 March 2024. Piii"Iii).so 'iiicl ALtfjviilLI The Objectives of Struts and Frets15 to advance, Improve, develop and maintain public education in, and apprecSatlon of, the art of drama by any means the trustees see fit, including through the pre5entatlon of publlc performances. Pei'toi"nia iico. il11(l Ac'li l LIVLI111 LA11 t. Between 17th March 2023 and 16 March 2024, the maln focus of the year was the production Df Mabinoglofti-er "Y Mablnogl" the Welsh-EnglislJ.language children's outdoor theatre touring production with CADW. A full report of the production, the tour, the education pro8ramme and the breakdown of costs and impact can be found in the Appendix (pages 3-5 below) Plans for future periods The company is taking a break in 2024 to regroup and apply for appropriate funding to continue the tour of Y Mabinogi to every school in Wales for every year from 2025. Financial review For the year ending 16th March 2024 Struts and Frets balanced out their payments and receipts. Total expenditure for the charity for the year ending 16th March 2024 was £65.337.88 The charity received £34,788.84 in tax rebates (VAT and Corporation Tax) and £4,020.00 in ticket sales. Struts and Frets has no investments, no reserves and no assets. Ihe Dir£ ncialmanagement of Struts and Frets. The atemen ave een he Truste transactions an e summarise The following financial summary has been prepared on a receipts and payments basis. The charity has no a55et5, no ligbilities and no investments. th Struts and Frets Annual accounts for the year ending 16 March 2024 Income Expenditure Net Deficit £38,788.84 £65,337.88 £26,529.04 Signed Trustee: Date: (}% TIF
Tlie Mabinogion/Y Mabinogi Report 2023 This 2023 reportls a summary of events In 2023, followlng on from the full re ort of DeLeinber 2022 whlch provlde5 the overvlew of The Mablnoglon slnce Its inception In 2017. 2022 wa5 the first year of the tour and wa5 Intended as a trlal-run, "proof of concept" exercise to apply for and recelve fundlng and endorsement In order for this to be adapted •nd repeated as an annual, flxed event for the theatre Gompany and on Welsh schools, . WetldrtterAfw funuihé for 2023, but we had already committed to a tour with CADW and performance5 at other venue5, $0 we continued but in a pared down tour. laniiarn" liilv 2023 We hired last year's Producer, Director, Assistant Director and cast for two performances at the Pont i idd Childreii's Stor tellin Festival on Saturday 13th May. We then held auditions in late May to replace five of the six original cast (all committed to other tours in 2023), the same designers to retouch the set, props and costumes, promoted last year's crew member to road manager and found another sound director. .As this was a pared down tour, the only thing that wasn't recycled from last year was a whole new performance, devised by a new cast, bringing in their individual talents and ideas to create a new and different musical performance of Y Mabinogi. All props, set and costumes were reused from last year, no new purchases were made, no money was spent on marketing and the cast were accommodated at the Artistic Directorfs house in Gwynedd where logistically suitable. We also worked with Mewn Cymeriad/ln Character again to invite schools but there were no workshops this year. We rehearsed in the same venue In Cardiff, Ocean Arts Centp. from9th erformance2t.rfe ITaawbraATCSaFdgAh4leS on 23rd and24t There was a short break before we performed at the Be ond the Border Festival on 9th July, undertook 3 two week tour of CADW sites {St David's Bishop's Palace, Raglan, Caernarfon and Harlech) between 10th and 20th July, finishing with two dates at Theatr Clw d on 26th July. The indoor performance5 were paid and made life easier in regards to sound, lightin& set, props costumes etc. All these venues have requested we return in future, and we even made connections with the National Museum of Wales to perform indoors. We were disappointed as despite movin8 the tour from October to June and July to avoid the difficulties of adverse weather conditions last year, we were still rained off in some of the outdoor CADW sites, We have also yet to understand the terms and conditions of until the first une.-
receiving the £5,000 prom15ed Investment wlth CADW, and the Artlstlc Oirector will be di5CU5sin8 a different approach to future collaboratlon wlth CADW over the comlng months as we both wish th15 collaboratlon to contlnue. .,Ic"1i i LIVLiiiieTI I Y Mabinogi was the first, bi-11118iial tourlng theatrlcal adaptatlon for children in Wales of the Four 8ranches of The Mablno85. For many CADW 51te5, th15 wa5 the flrst tlme an adaptatlon for chlldren of The Mabinogi had been performed withln thelr estate We have established excellent and mutually beneflclal relationships With a range of partners, and in particular wlth CADW and Mewn Cymeriad/ln Character. These partnerships have been key to securing both location5 and audiences for v Mabinogi We have produced education resource packs through Google Classroom which can be utilised by any schools keen to connect with the show and The Mabinogion generally. We have also created a school's workshop programme, which can be replicated for continued engagement with schools and students as we head into the 2023 touring period. 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 spectrurn 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 Plans for future periods- partnerships and sponsorships After buying Panteinion Hall in Gwynedd to accommodate the actors and theatre set, we're taking 2024 to regroup, recalibrate and recuperate. From 2025, the outdoor tour will be planned in sites that have an indoor or covered area to accommodate adverse weather conditions. There will be more indoor and in-school performances, resulting in a mix of free, schools, performances and ticketed, public performances. The performance itsèlf could be7dapted tqFurpme, wlth a public rformance andan . educational performance to run In schoo alongslde educatlona workshops. We will be performing at other sites besides CADW to reach greater and more diverse regions and areas, but st511 focusing on Welsh heritage and landscape. We will be findin8 a Welsh speaklng producer and hlring a Welsh speaking 8rant writer to ensure we get maximum coverage in Wales and the best Possible chance of fundin8. We won't use a marketing agency again for next year. More cost effective proved to be a repetition of 2023's approach with some additlons.. reusing the artwork produced Sn 2022 by Cowshed a PR agency for their press reach and contacts a graphic designer for the artwork and anlmations
a freelance photO8rapher/videographer to follow the tour Partnershlps and sponsorshlps The intention is for Y MabSno81 to widen Its reach to chlldren and family audiences across Wales and to be embedded In the schools, currlculum and ultlmately pay for (and manage) itself. Our funding mix for 202515 based on securln8 funds from three prlmary sources. l. Earned income from ticket sale5 for a w5der run of publlc shows 2. Private funding through corporate sponsorship, charltable donations & trusts and 3. Public funding through organisations such Arts Council Wale5, Lottery Community Fund & Heritage Lottery Fund We will be making an application to Arts Council Wales in January 2025, with the expectation being that this application will equate to approx 35% of the project budget. Funding applications to Heritage Lottery Fund and the Community Lottery Fund will also be made in early 2025. with the expectation being that these applications will equate to approx 15% of the projett budget. Our partnership with CADW will be developed further. and in-kind support from CADW for 2025 is likely to be in the region of £20K, covering both in-kind use of their sites and additional management support in connecting with communities and marketing support. CADW have endorsed us in 2022 agreeing to support our education programme and resources with a £5,000 investment. As the charity is now registered for VAT, we will be looking to reclaim relevant VAT purchases from the 2023 tour {and other claimable retrospective VAT costs). In 2023, we reiVed a VAT rebate of £1776.59. We will also be looking to establish Y Mabino8i ticket sales in 2025 as having 'cultural exemption, status for VAT, which will ensure we can retain a larger proportion of our gross sales. . Asthe charit.y 1so._ty fed for including a theatre tax relief (TTR) claim for the 2023-24 financial year (which included the Y Mabinogi 2022 tour.) In 2023, we received Theatre Tax Relief of £33,012.25. 1.1 YL
CHARITY COMMISSION FOR ENGLAND AND WALES uis aiid F Reeeipts and payments accounts CC16a For the period from To Section A Receipts and payments Unrestricted funds I to the n•are Restricted funds Endowment funds Total funds to the nearest £ to the nearest £ to the neargst £ A1 Receipts Ticket sales Director personal fund 4,020 26.529 Other Sub total (Gra income for AR) 34.789 65,338 an (see table). Inves sa es, Sub total Total receipts A3Pa ments Staff costs Markets. Costumes, set props, rehearsal and rf0rnan s ace Travel and Visa Sundries 47,042 2,671 8,390 1,826 65,338 Sub total A4 Asset and investment urchases s68 tsble
Sub total Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash fund5 last year end Cash funds this year end .00 0.00 0.00 0.00 .00 0.00 0.00 0.00 Section B Statement of assets and liabilities at the end of the period Unrestricted funds to nearest £ Restricted funds to n•arost £ Endowment funds to nearest £ Categories Details B1 Cash funds Total cash funds 0.00 0.00 0.00 es with recwpts and payThents accounllsl) Unrestricted funds to nearest £ Restricted funds to n•ar•st £ Endowment fvnds to n•ar•$t £ Details nll B2 Other monetary assets Fund to whlch as8•t belon Current ¥alu• tional Details nll Cost (optlonal) B3 Investment assets Fund to whlch aosot b•lon Cumt Yu• tIMal Details Co•t (optlonal) B4 Assets retained for the charlty's own use Fund lo whlch Ilabllltv relat•• Amount du• IoDtlonal) Wh•n du• loDtlonall Details
B5 Liabilities nll nll nll Signed by one or trustees on behalf of all trustees C*ate of ro•rdl Signature Print Name