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||Page|Page||
|---|---|---|---|
|Report ofthe TrUstees||||
|Independent
Examiner's
Report||10||
|Statement of Financial Activities||||
|Statement of Financial Position||12||
|Statement ofCash Rows||13||
|Notes to the Statement ofCash Flows||14||
|Notes to the Financial Statements|15|to|21|
|Detaged Statement of Financial ActlvHles|22|to|23|
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|1 Trustee took parental
leave and ano|th|er took|adopt|ion leave.||||
|---|---|---|---|---|---|---|---|
|Organlsatlonal
structure||||||||
|In 2022/23 two members
ofstaff took|Maternity||Leave. We welcomed a freelance contractor for one maternity|||cover,|the|
|other we split between
existing roles.||||||||
|In 2022/23 ZooNation
had the following||oiganisational||permanent|staff structure:|||
|Kate Prince - Artistic Director|||||(part time)|||
|Dannielle
'Rhimes'
Lecointe - Associate||Artistic|Director||(part time)|||
|Sri Sarker - Executive Director|||||(part time)|||
|Chantal
Spiteri - Executive Director|||||(part time)|||
|Annie Taylor - Gooby - Producer|||||(part time)|||
|Sophie Cammack - General Manager|||||(part time)|||
|Jasmine Cox - Company Assistant|||||(part time)|||
|Two members
ofstaff took Maternity|Leave:|||||||
|Sandra Castell - Garcia - Executive Producer|||||(part time)|||
|Frankle StansReld - Marketing
and Communications||||Manager|(part time)|||
|REFERENCE AND ADMINISTRATIVE||DETAILS||||||
|Registered
Company
number||||||||
|10575570(England snd Wales)||||||||
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||||||2023|2022|
|---|---|---|---|---|---|---|
||||||Unrestricted|Total|
|||||Notes|funds
f|funds|
|INCOME AND ENDOWMENTS|||FROM||||
|Donations
Learning|and legacies||||514,430|340,235|
|Charitable|activities||||||
||||||39,034|33,597|
|Production|||||78,252|17,850|
|Agency|||||52,222|110,818|
|Other Income|||||49,384||
|Total|||||733,322|502,500|
|Learning|||||||
|EXPENDITURE ON|||||||
|Charitable|activities||||||
||||||136,416|209,646|
|Production|||||499,533|95,432|
|Agency|||||52,069|100,049|
|Total|||||688,018|405,127|
|NET INCOME|||||45,304|97,373|
|RECONCILIATION||OF FUNDS|||||
|Total funds|brought|forward|||317,315|219,942|
|TOTAL FUNDS CARRIED FORWARD|||||362,619|317,315|
||||STATEMENT OF CASH FLOWS|||
|---|---|---|---|---|---|
||FOR||THE YEAR ENDED 31 MARCH|2023||
|||||2023|2022|
||||Notes|||
|Cash flows from operating|activities|||||
|Cash generated
from operations|||1|(74,549)|158,361|
|Net cash (used in)/provided|by operating|actMtles||(74,549)|158,361|
|Cash flows from Investing|activities|||||
|Purchase oftangible
fixed assets||||(625)||
|Net cash (used In)/provided|by investing|activities||(625)||
|Change
in cash and cash|equivalents|In||||
|the reporting
period||||(75,174)|158,361|
|Cash and cash equivalents|at the|||||
|beginning
ofthe reporting|period||339,146||180,785|
|Cash and cash equivalents|at the end|of||||
|the reporting
period|||263,972||339,146|
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||||NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023|NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023|||
|---|---|---|---|---|---|---|---|
||RECONCILIATION||OF NET INCOME TO NET CASH FLOW FROM OPERATING|||ACTMTIES||
|||||||2023|2022f|
||Net Income|for the|reporting||period (as per the Statement ofFinancial|||
||Activities)|||||45,304|97,373|
||Ad)ustments|for:||||||
||Depreciation|charges||||225|92|
||(Increase)/decrease||in debtors|||(100,475)|2,609|
||(Decrease)/increase||in creditors|||(19,603)|58,287|
||Net cash (used in}/provided||||by operations|(74,549)|158,361|
|2.|ANALYSIS OF CHANGES|||IN|NET FUNDS|||
||||||At 1.4.22|Cash flow|At31.3.23|
||||||K|L|F.|
||Net cash|||||||
||Cash at bank||||339,146|(75,174)|263,972|
||||||339,146|(75,174)|263,972|
||Total||||339,146|(75,174)|283,972|
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|3.|DONATIONS|DONATIONS|AND|LEGACIES|LEGACIES|LEGACIES|||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2023|2022|
||Donations||||||||225,031|33,231|
||Grants||||||||289,399|307,004|
||||||||||514,430|340,235|
||Grants received, Included|||||In the|above, are as follows:||||
||||||||||2023|2022|
||Arts Council||of England||||||254,599|293,484|
||Fenton Arts||||||||4,800|4,520|
||The Garrick||Charitable||Trust|||||4,000|
||Redfem Charitable|||Trust|||||5,000|5,000|
||The London||Community|||Foundation|||25,000||
||||||||||289,399|307,004|
||||||||Learning||||
||INCOME FROM CHARITABLE||||||ACTIVITIES||||
||||||||||2023|2022|
||||||||Activity||E|F.|
||Learning
income
Production
Income||||||Production||39,034
78,252|33,597
17,850|
||Agency income||||||Agency||52,222|110,818|
||||||||||169,508|162,265|
|5.|OTHER INCOME||||||||||
||||||||||2023|2022|
||||||||||6|K|
||Royalties||||||||468||
||Theatre tax|credit|||||||48,916||
||||||||||49,384||
|6.|CHARITABLE ACTMTIES COSTS||||||||||
||||||||||Support||
|||||||||Direct|costs (see||
|||||||||Costs|note 7)|Totals|
||Learning
Production|||||||118,107
432,481|18,309
67,052|136,416
499,533|
||Agency|||||||52,069||52,069|
|||||||||602,657|85,361|688,018|
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|||FO|R THE Y|EAR ENDED 31 MARCH 2023|||
|---|---|---|---|---|---|---|
|10.|STAFF COSTS||||||
||||||2023|2022|
||Wages and salaries
Social security costs||||55,667
3,080|51,040
3,019|
||Other pension costs||||1,073|1,086|
||||||59,620|55,145|
||The average
monthly|number ofemployees||during ths year was as follows:|||
||||||2023|2022|
||Production||||4|2|
||Learning
Support and administration||||1
3|3
3|
||No employees
received emoluments||in excess off60,000.||||
|11.|TANGIBLE FIXEDASSETS||||||
|||||||Computer|
|||||||equipment|
||COST||||||
||At 1 April 2022|||||871|
||Additions|||||625|
||At 31 March 2023|||||1,496|
||DEPRECIATION||||||
||At 1 April 2022|||||596|
||Charge for year|||||225|
||At 31 March 2023|||||821|
||NET BOOK VALUE||||||
||At 31 March 2023|||||675|
||At 31 March 2022|||||275|
|12.|DEBTORS:AMOUNTS FALLING||DUE WITHIN ONE YEAR||||
||||||2023|2022|
|||||||F|
||Trade debtors||||67,021|53,679|
||Other debtors||||89,007|5,747|
||Accrued income||||2,712||
||Prepayments||||3,192|2,031|
||||||161,932|61,457|
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|||||||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Trade creditors||||||||||||6,143|5,686|
|Social security|||and other||taxes|||||||4,842|(854)|
|VAT||||||||||||7,518|10,327|
|Other creditors||||||||||||1,221|11,164|
|Deferred|Income|||||||||||42,000|55,000|
|Accrued|expenses|||||||||||2,236|2,240|
|||||||||||||63,960|83,563|
|LEASING AGREEMENTS||||||||||||||
|Minimum|lease|||payments||under||non-cancellable|operating|leases|fall dus as follows:|||
|||||||||||||2023|2022|
|||||||||||||E||
|Within one year||||||||||||538|538|
|MOVEMENT||IN FUNDS||||||||||||
||||||||||||Net|Transfers||
||||||||||||movement|between|At|
||||||||||At 1.4.22||in funds|funds|31.3.23|
||||||||||6||F.|6|L'|
|Unrestricted||funds||||||||||||
|General|fund||||||||62,315||45,304|(40,000)|67,619|
|Designated
fund - Creative||||||reserve|||255,000|||40,000|295,000|
||||||||||317,315||45,304||362,619|
|TOTAL|FUNDS||||||||317,315||45,304||362,619|
|Net movement|||in funds,||included|||in the above are as follows:||||||
||||||||||||Incoming|Resources|Movement|
||||||||||||resources|expended|In funds|
||||||||||||F.|5||
|Unrestricted||funds||||||||||||
|General|fund||||||||||733,322|(688,018)|45,304|
|TOTAL|FUNDS||||||||||733,322|(688,018)|45,304|
|Comparativee||||for movement|||in|funds||||||
||||||||||||Net|Transfers||
||||||||||||movement|between|At|
||||||||||At 1.4.21
6||In funds
f|funds
L|31.3.22
6|
|Unrestricted||funds||||||||||||
|General|fund||||||||54,942||97,373|(90,000)|62,315|
|Designated
fund||||- Creative||reserve|||165,000|||90,000|255,000|
||||||||||219,942||97,373||317,315|
|TOTAL|FUNDS||||||||219,942||97,373||317,315|
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|Comparative
|net movemen|t
In funds,
Included
In the|above ar|e as follows:|||
|---|---|---|---|---|---|---|
|||||Incoming|Resources|Movement|
|||||resources
f|expended
f|In funds
f.|
|Unrestricted|funds||||||
|General
fund||||502,500|(405,127)|97,373|
|TOTAL FUNDS||||502,500|(405,127)|97,373|
|A current year|12 months|and prior year 12 months|combined|position ls as follows:|||
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.4.21
f|In funds
f|funds
f|31.3.23|
|Unrestricted|funds||||||
|General fund|||54,942|142,677|(130,000)|67,619|
|Designated
fund - Creative reserve|||165,000||130,000|295,000|
||||219,842|142,677||362,619|
|TOTAL FUNDS|||219,942|142,677||362,619|
|A current year|12months|and prior year 12 months|combined|net movement|in funds,
Included|in the above|
|as follows.|||||||
|||||Incoming|Resources|Movement|
|||||resources
f|expended
f|in funds
f|
|Unrestricted|funds||||||
|General
fund||||1,235,822|(1,093,145)|142,677|
|TOTAL FUNDS||||1,235,822|(1,093,145)|142,677|
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||FOR THE YEAR ENDE|D 31 MARCH 2023||
|---|---|---|---|
|||2023|2022|
|||Unrestricted|Total|
|||funds|funds|
|||E|E|
|INCOME AND|ENDOWMENTS|||
|Donations and legacies||||
|Donations||225,031|33,231|
|Grants||289,399|307,004|
|||514,430|340,235|
|Charitable
activities||||
|Agency income||52,222|110,818|
|Production
income||78,252|17,850|
|Learning
income||39,034|33,597|
|||169,508|162,285|
|Other income||||
|Royalties||468||
|Theatre tax credit||48,916||
|||49,384||
|Total incoming resources||733,322|502,500|
|EXPENDITURE||||
|Charitable
activities||||
|Agency costs
Production
costs||52,069
432,481|100,049
71,103|
|Learning costs||118,107|156,201|
|||602,657|327,353|
|Support costs||||
|Governance||||
|Wages||55,667|51,040|
|Social security||3,080|3,019|
|Pensions||1,073|1,086|
|Rent||1,613|1,613|
|Insurance||2,422|2,422|
|Telephone||1,431|1,792|
|Advertising||2,386|1,642|
|Sundries||5,831|3,072|
|Subscriptions||3,245||
|Storage||3,149|1,618|
|Travel||764|266|
|Audit and accountancy||2,714|4,155|
|Professional|fees|1,444|5,876|
|Staff welfare||20||
|Bad debts||34||
|Depreciation|oftangible assets|225|92|
|||85,097|77,593|
|Finance||||
|Bank charges||264|181|
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|2023|2022|
|---|---|
|Unrestricted|Total|
|funds|funds|
||L'|
|688,018|405,127|
|45,304|97,373|