REGISTERED COMPANY NUM8ER.. 10576570 (England and Walesl REGISTERED CHARITY NUMBER.. 1179510 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR ZOONATION.. THE KATE PRINCE COMPANY LIMITED IA COMPANY LIMITED BY GUARANTEEI
ZOONATION= THE KATE PRINCE COMPANY UMITED CONTENTS OF THE FINANCIAL STATEMENTS FOR THEYEAR ENDeD 31 MARCH 2024 Page Report ol the Trustees Independent Examlnerf5 Report 12 Statement of Financlot Actlvitie2 13 statement of Flnancial Posltion Statement of Cash Flow$ 15 Note¥ to the Statement of Cash Flows 16 Note$ to the Financlal Statements 17 to 25 Detailed Statement of Fln?n¢ial ActIvIe5 26 to 27
ZOONATION.. THE KATE PRINCE COMPANY LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The Tru$tees, who are al$D directors of the Eharity for the purposes of the Cornpanie5 Act 2006, present their report with the financial statements of the tharity for the year ended 31 March 2024. The trustee5 have adopted the provisions of Accounting and Reporting by Chanlies Slalement of Recommended Pr2¢lice applicable lo ¢harities preparing their accounts In accordance wlh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191. Publlc beneflt In shapin9 our objective5 for the year and planning our activities. the Trustees have considered Ch8rity'sCommission'$ guidance on public benefit, Induding the guidance'public benefit. running a tharily IPB21'. the Chairfs Statement 2023124 2023124 ha5 been another busy and brilliant year for ZooNation' The Kate Prince Company IZooNalionl. Having closed 2022123 with the explosive Sylvia and ils three Olivier Award nominations plus a wn for 8est Actress in a Supporting Role for Beverley Knight. we launched 5traighl Into 2023124 wth Ihe lour of the astonishing Message In a Bollle, Sadlerfs Well$ ci>produclion. We %8tre delighted that this tour itTrcluded Many dates at intemational venues. a fiisl and a significant milestone for us. Bad( at home. 202124 has been a year of focus on nurturing new Ideas. procJu¢ti¢ns and artists. It has been fantastic to grow and develop our Talent Develiy)menl programme this year and to support young people and srtist5 at 8 range of points in their careers. The tour of our Artistic Director and Founder Kate Pnnce'5 Message in a Bottle wa5 a very 5peo31 mornenl lor the Company, taking in two UK dates Icanlerèury, Manchester) before a run in London at the Peacock Theatre and takin9 us as far as Sydney Opera House where Karin3 Lawrence In Dance Australia declared it a "creatlve masterplece" The production also toured through parts of Europe before finishing Dn an ektensive US tour thich Continued Into 2024125 with a run on Broachw8y. 11 has been wonderful to lake the work of the Company, particularty th13 production with It's universal story of hope and resilience, ouis5de the UK and lo see the a¢b"an from audiences around the world. A real drearr come true. Across the 2023124 tour 168.919 people experienced the production. ZooNatson Youth Company runs from September to August so each cohort spans across two financial years. We we Ihnlled when the 2022123 Company were invited back to The Next GÈneration Festival at the Royal Opera House in June. perforrning Twsce In Tirne, brillianuy created by our nevAy appointed Associate Arts81ic D1clOr Danielle 'Rhimes' Lecointe. It was fantastic for the Company to have the opportunity lo perform in such an iconic and prestigious venue again. They also Invited to perforrn Twice In Time at the Soulhbank Centre a5 part of the Solh Anniversary of Hip Hop later in the Summer. The 2023124 cohort Company began training together in September 2023, led by ZooNation Youth Company Artistic Director Chaldon Williams. Later In the year they collaborated th Sadler's Wells Company of Elders for the first time to rehearse an inlergenerational ple The Ex¢han9e lo be performed nexl year as part of Sadlerfs We115 Thestre'5 Elixir Festyval. (ljr Youth Company continues lo be the bedrock of our Talent Development prograrnmes and ambitions. In September we Saw 17 eXptIOnal danr£rs join the Company, it was brilliant to see them floun5h and develop their confidence Ihrough their weekly training and public perfomiances. Alongside our produ¢tion susseS this year we took the time to do Some Research and tlevelopment IR&DI work tor Iwo upcoming productions. Danielle 'Rhimes' Lecoinle led an R&D period in the Autumn with professional dancers and students from Urdang for a brand new commission al Sadler's Wells E8$t opening In 2025 lunfortunalely a delay on original plans due to building delays). We also held a three week R&D period in January of this year to develop Gho$l Ship5, our co-produeiion wth Icon Theatre, Medway and Amina Khayyam Dance Company. We're really looking forward to seeing these ¢ative Ideas come into fruition 85 full productions In future year5. The range of Talent Developtnenl prDiects that were delivered throughout the year have also been a re81 highlight. We have committed to growing and developing these project5 arTd schemes to ensure we are supporting the next generation of theatre makers. Our projects provide paid opportunities lor artists at diffent stages of their career lo develop ski118 in choreography, leaching, performance, theatre design, business acumen and artistic leadership. Together, the lalenl development projects have helped lo deliver a progression roule for earty to Èstsbli$hed artist$. Individually they SpOnded to needs articulated by artssts themselves, induding space to create. leadership opportunitie5 and strengthening skills and experience in delivering participatory and leaching work. as well as performance and thureographic skills. This yearfs projects, alongside ZooNalion Youth Cornpany, Included Choreo Culture. The Artists, SHIFT and Crea(Ive A5SlStant3. Beyond the physical theatrical audience, VR engaged over 3,500 children and young people in our talent development and participation programmes and reached 2,430 people online wth our digit81 screenings wth 7,414 educational production resour pack5 do%*nloaded. Of the 31 schools work3hops delivered the majonty took place outside London and were enjoyed by 1,412 young people. In all we delivered 125 events for young people this year. None of this Incredible work would have been possible wthoul the bad(ing Dr many in the fomi of 9r8nts, donations. advi. and other guidance and 5UPPOrt. We remain particularfy grateful to our princip81 funder, Art5 Council England as National Portfolio Organisation and for their National Lottery Project Grant that allowed u$, wlh Sadle¢s Wells Theatre. to take Message In 8 Bottk to audiences in the US and Canada. Page 1
ZOONATION: THE KATE PRINCE COMPANY LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 On behalf ol my fellow Trustees. I would like to extend our grat51ude and deepest th8nks to the brilli8nt staff and freelancers at ZooNalion who brought lo life this programme of work. In July we said goodbye to our Co-Executive Director Sri Sarker Nthc's influence at the Company had been great". leading us through becorning a Charity, the Cowd 19 pandemic and two successful Art5 Council England National Portfolio Organisalion Investment applicatiDn5. We thank Sri for her brilliant contribution. We We Ihnlled to welcome Flo Bu¢keridge as Co-Executive Oirector, who joined us after a decade al the NaliDnal Theatre growng the organisalion's digital output. 2023-24 was the final year in Post for our original Trustees Carolyn Cox ITrea5urerl, John Cohen and Estelle Mccartney (Chairl. We are hugely grateful for Iheii governance and 5UPPOrt since 2018 and we have now fflade the decision lo grow our Board of Trustees and recruited some bnlliant new Trustees who help 5UPPOrt us In meeting our ambitions in 2024-25 and beyond. We exiend particular thanks to Estelle for her Incredible leadership and guidan¢* during her tenu. It is thanks to the amazing talented people who work for and wth ZooN8tion that we can continue to deliver our rnis510ri of Inspiring the nexL generation of theatgoerS and theatremakers and we're very excited for what's next. Sharon Marshall Chair 08JECTIVES AND ACTIVITIES Charitable Objectives 11 To advan the arts for the benefit DI the general public by the encouragement of accesy to and the engagement wth the art of dante. 21 To advan Ihe edijralion of young peoole, dance practioners and genera1 tiublic tiarticularfy but not exclusivel¥ through the provision sof workshops and classes wlh specific but not eXclUsVe reference to the dance choreography of Kate Prince. Envlronmentsl Social Governance ZooNation Is a socially Conscious company. Seeking to addre55 the social Injustice that artists of ¢olour Iparticularly Black artists) experien when developing their talent and careets. We have developed this rnis510n, along51de the pur5UIt of our aim I'lo encourage the ac55 to the arts'l wth the ¢reation of our talent development programmes dedicated to supporting Black artists at variou5 points In their rareer. Thi$ year has 81sD been a year of developmenl, learning and planning in relation to environmental and wider Social Issues 202>24 was the fir31 year in the current National PortfDlio Investment period from our principal funder IArts Counul England). The Investment prinuples for Art$ Counol England has ensured that our programrne of work not only continue5 tLF rDeel our Chantab and legal obligations but also push2s us lo become a More env1ronrnentslty conscious company and a company that responds to current sorial issues in its practi5 gnd programrne5. Our Trustees are vital lo this proces5, we created Trustee groups Specifically fDr areas of including environmental sponsibility and inclusivity and relevan Iwith a focu5 on ensuring our work reaches and engages artists who experience barriers to their developFnent due lo their race). Our board meeting reporting also Includes additional progress reports in these areas and our newTrustees have been assigned lo the groups. This year we created a Green Rider lo accompany all productions and an Enwironmental Respon5ibilty Action plan for the year lo ensure we are considering our environmental ifflpact from the outset and nol In retrospect. The core team completed Carbon Literacy Training delivered by the Carbon Literacy Proieet which had a significant impact on our understanding and green arnbitions as a Company, next year we will extend this to Creative Teams and Tru51ees. We continue to partner 1th Julie'5 8icyde to continue to moniior our green performance particularty in rela110n to our office and touring arnbitions. We aim to afways Indude environmental Impact planning in the pre-production prottss and plan to monitor our carbon foolprinl in production lor the first time to beller understand th8 gap b8lween bvhere currently are and our ambition to achieve Theat GenbOOk baseline. Next year we plan to create a Klental Health and Wellbeing Rider to be shared with partner organisalions to ensure are supporting our artist's wellbeing as much as possible whi15t creating and tounng wort<. We also have a dedicated Mental Health and Wellbeing Officer who mentor5 the ZooNalion Youth Company and the young artisls on Ihe Creative A6si$tanl8 programme Following the resignation ol our original three Tw$tees after having Completed two full terms. in accordance with our Trustee Recrurtmeni Policy. we began work on recruiting new Twstees to the 8oard. Particulady crucial a8$ for recwittnenl were fundraising, finances, business development and diversty so that we can rneet the growng ambitions of the Company and better reflect the artisls we work wth. Page 2
ZOONATION.. THE KATE PRINCE COMPANY LIMITED REPORT OF THETRUSTEES FOR THE YEAR ENDEO 31 MARCH 2024 Thi5 year we tnade the big and exciting derAsion that In 2024125 we would becorlle re51dent at Robert Blair Primary School in Islington. This wll provide the team wlh much needed and desired office space In London Ihaving never had an office Spa the whole team can wotk in before) and wll also allow us to establish a partnership at the school, helping lo redress the decline In arts education and lo support our growing atnbitsons lo support the education Sector. Key achievements 2023124 Message In 8 8oltle with Sadler's Wells The81 was revived and toured lo Venues in Eng18nd. Australi8, Netherland5, Luxetrboury, US & Canada The fi'rst time Kale Prince and ZooNalion'5 work ha5 been seen internation311y. In November The film of Message in a Bottle wa5 aired on US Televsion via P8S (Public Broadcasting Service) as part of their Great Perfonrances &erie$. The 2023r24 tour of VEssage in a Bottle was seen by an audience DI 158,919. We $uc¢*sslully delivered four lalenl development programme$ (Ch00 Cuknre. The Artists, catiVe Assistants and SHIFT wrth Dancers Career DevelopentI that 5UPPOrted and develope¢J artists at varw.ng points In their careers. In June ZooNation Youth Company performed a new piece Twice In Time al the Royal Opera House gs part of The Nextr Generation Festival. We engaged ower 3.500 d)ildn and young people In ourtalent development and participation programmes. We reached 2,430 people online our digital screefjings of productions. 7.414 download5 01 uur digital iesource packs, freely availab lo $tu¢enls and educators. Delivered 125 participatory events for young people. Supported and deliv&re(J Iwo R&D periods, for the upcoming Ghost ShiwJ, a co-production wth Icon Theatre and Amina Khayyam Company and for a future Sadlerfs Wells East commission lo be diTected by Associate Artistic Director Danielle'Rhirne5' Lecointe. ZooNation The Kale Prin Cornpany creates and develops work in three distinct areas.. Production5, Talent Development and Partiopalion each wth It5 own airn. 11 PRODUCTIONS To ¢ate captivating storie5 wth original fflusic and dan for presentstion across the country and intemationally. Me55age ifi a Bottle Th15 hit Sadler's Wells and Universal Music UK co-produdion onginally opened to rave reviews In January 2020 8t Sadlerfs Wells West End Theatre 7he Pea¢o¢k. In 2023124 Me55age in a Bottle opened in July In Canterbury, the beginning ol a lour that would See the production visiting venue5 delighting audiences In England Icanterbury, Manchester, London), Auslr81ia (Sydney). Netherfands IAmsterdam, Rotterdam, Breda, Heerlen, Groningen) Luxemboutg Icily of Luxernbourgl and the US (Los Angeles. Denver, Chicago. 8oslonl and Canada (Montreal. Torors10l. In Apnl 2024 the production opened on Broadway. This tour also Induded a week tetum to Sadle¢s We115 Peacock Theat in London. Throughout 11$ tour the production was seen by audiences of 158,919 at more than 150 performances avoss 22 venues meaning almost 70,000 more people saw our productlOll5 In thi5 year than in 2022123. Prt55 re5pon8e". "Me553ge a Bottle 15 8n exhilarating, IDYOUS dan¢e-theatre show. 11 takes the darkest of themes - rnigrants fleeing Op$s1On- and by lacing Ihe darkness he8d-on. manages lo create something that Is ultitnately a hyrnn to the courage and enduran that makes u5 hurnan ' 5 St8r5, The R "Message in a Bottle set lo Sting's greatest hits tums raw kinetic prowe55 into a lively tale of our modem worries" roadwa World US dan and storytelling at its very best" Dance Austr lia Ma azine Page 3
ZOONAnoN.. THE KATE PRINCE COMPANY LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 'atr¥e rna5terpiece" Lif Australia Alongside the liv& stsge performan$. the film ol Message in a 8ottle, shot In a studiu. was ald on US Television in November via PBS a5 part of their Gal Peformances series. This was amazing exposure for the produditsn, Kate Prince and ZooNalion's work and served as an excellent rnarketlng tool ahead of the US leg of the tour. "At every turn, dancing 15 fabulously eXpssive and intensely dramatic. And there is no one temi to fully descriLE how superbly this show evoke5 relaiionships. love and loss, desperation and both captivity and freedom. Il's 811 enhanced by the exceptional cast and the evocative video design of Ande1 Goulding. sel design by Ben Stones, Iighling by Natasha Chivers. soijnd by D3wd McEwen and costumes by Anna Fleischle" wvwrvw Chic In addiliDn lo this professional mainstaoe production we conducted tsvo pericKls of R&D this year for future productions. R&D new comml88lon at Sadlee$ Wells East In SÈplember 2023 we held our Second penod of R&D for a new commission from the brand new Sadlerfs Wells E891, originally due lo open in DeceTnber 2024 but now opening in December 2025 lunfortunately due to building del8ysI. This commission is a new production directed by our ASSOale Artistic Director Danielle 'Rhimes' Lecointe, this will be Rhirnes, fir51 full length narrative piece for the Company Since taking on her role, we are so thrilled to have the opportunity to support her work as a Choreographer and Director on $uch a main stage. The R&D period was led by Rhitnes and in¢luded professional dancers and a selection ol student Iyancers frorn Urdang Dance School. The R&D allowed Rhimes to explore key themes of Ihe production wth performers in a roorn and culminated In a beautifLJI sharing of some early sne5 and Cho09raphY alongside her wider ciealive vision for the production across all design elements We are hugely excited lo be co-producing this new production with Sadler's We11s East and wll presenl It wth greal pnce in 2D25. Ghost Shi In January and February 2024 along51de Icon Theatre 2nd Amin8 Khayy8m Dance Cornpany we delivered a three week R&D penod for our co-production Ghost Ships. Ghost Ships wll be a sile specific large scale irvmersive production wth more than 185 cornmunity members from Medway and Chatham. perfortning alon9side the profes810nal cast of ZooNation and Amina Khayyatn dan¢Èrs. This R&D period worked exclusively VAlh the creative teams and professional dancers and explood the Themes of the history of Chalham Dockyard alongside establishing key element5 of the narrative, selecting the stories to be told and creating extensive thoreography for the production. The R&D ended a sharin9 of Mthal had been explored and cleated during that period. it W88 faniastic to see what had been achieved by Rhimes, Director Nancy Hurst and Amina Khayyam alongside the immense talent of the Pfofe5sional company. We are very èxcited to begin rthearsals for this production later in 2024 and to see this R&D develop into a finished production for audiences. 21 TALENT DEVELOPMENT To support the next generation of Hip Hop talent n8tionslly. Since our IllpIlon the company has strived to address the lack of su5tain8d profes510nal opportunities for Hip Hop artists and provide cntical skills development for the next generation of artists. Th15 talent development fDCUS wll remain as the bedrock of ZooNation support in the future. Our progr3TnrT7es were de51gned In response to artist demand, and some were devised In partnership with artists Ihern5elves. Collectively the programrnes support artists from earty career lo leadership with both Iheir own creative thoreographic and perfomance Ideas and becoming strong dan educators (in line with our tharilable objectives to advance the education of young people. dance practitioners and the general pu1cl. ZooNatlon Youth Company ZooNation Youth Cotnpany have had a brilliant and Varied y8ar, the 2022123 cohort worked very hard acro55 the rehearsal weeks for their perfomiance of Twice In Time at the Royal Ope13 House as part of The Next Generation Festival. The piece was ated and directed by ZooNation Associate Artisti¢ Di0 Danielle 'Rhirnes' Lecointe. In Septetnber we welcomed the 2023124 cohort ol the Colnpany alongside Artistic D1ctor Chaldon WilliaTns, an alumni of our programme The Artists. In the autumn the Company trained with Chaldon and the gue51 teacher5 on foundati skills and rehearsed a new perfonrance Set for the ZooNalion Academy of Dance Christmas Show. In the new year the Company began working with Sadlerfs Wells Company of Elder$ a performance group lor non professional danceTS aged over 60 Together they rehearsed and developed an inter-generational ple to be pertormed in April 2024 at SadleVs Wells. This year the Company also perfomi&d Iwce al the Soulhbank Centre, a$ part of a celebration of 50 years of Hip Hop on the river stage in the Sumrner and at the Imagine Children's Festival in February hall term in the Clore ballroom. Page 4
ZOONATION: THE KATE PRINCE COMPANY UMITED REPORT OF THETRUSTEES FOR THÈ YEAR ENDED 31 MARCH 2024 Creative A8818tantJ Our Creative Assis12nts s¢heme provide5 paid experience, training. employment and mentoring for up to four young creative5 who wsh lo develop their dance development and leaching skills. The scheme aims lo fill an tentifIed gap in the industry for paid professional opportunities 8nd support for Hip Hop artists at the earty stsge in their careers Like the Youlh Company ihE schetne run5 frotn August to September so spans across two financial years. In 2023124 we had four artists partlC1pate In the programrne, William Pascua. Xsia Blair. Georgie Mziu and Elijyh SFllrth. Each art15t 15 offered training 5e5sions th our ProdUr Annie Taylor Gooby and lead artists on how lo navigate the Industry, time with our Mental Health and Wellbeing Officer. minimutn uf 15 hou15 of paid ernployment and option to join the ZooNalion pool of lea¢hers for fulure work. This year the Creative Assistants have worked on our production of Ghost Ships, wth the ZooNalion Youth Cornpany and the Company of Elders and th Robert Blair Pnmary Schcol, as just a few examples. The ArU$ts In August 2023 we delivered a third edition of The ArstS, our paid professional development prograrnme for confident creatives. offering three art15ts personal, practical and creative support lo explore an idea, wih 10 day5 of 5e5510nS across Iwo weeks. The programrDe, led by Shannelle 'Tali' Fergus is a collaboration between ZooN8tson and Identity. Ideas. Industry. Iiiil, with guest facilitators Rachel Kay (Flight Mode Melhodl. D.J Walde and Dannielle 'Rhimes' Lecointe. On the fourth day of the programme, the artlsts were ioined by nine dancers in totsl. three selected to work wth each choreographer. wth all dancets being erther ZooNalion Youth Company or identity. Ideas industry alumni. The final day ofthe programme included a scratch sharing of work, presented to Industry contacts and peer5. The artists were given feedback on Iheir WQTk by audiences. had an individual explainer film made a5 well as footage of the full piece, in Drder to support furthering their work. ZooNation and iii have conducted evaluation of the programrnp with all art15t5 and dancers and are making plan5 for how be51 to offer futre editions. in order to best support both artists we have aladY engaged with ènd new individuals. We have CDTnrnitted to offering bi monlhly co-working days for all alumni of The Artists, there we can offer advi on any applications for presenting wod( and funding OPPOrtunilies. choreo Culture In April 2023, ZooNation committed lo furthering support of Choreo Culture. a PTogramme devised and delivered by Associate Artistic Director Dannielle 'Rhimes' Le¢ointe, offering dance 8rtist5 the opportunity to explorè and expand their own choreographic process. This edition of the programme was delivered as a retreat, for three days. al ZDoNation Oance Spa, In France. The prograrnme offered 10 dance art151s the opportunity lo really interrogate their own choreographic process, with sludio sessions. coaching sessions. indwidual and group discussion, as well as time for per8Dnal llectIon. Evaluation wa5 conducted with sll participants, wth ovewhelmingly positive feedbad(, Including a greater sense of choreogrbphic dèrity how lo tske their next steps in these journeys. as well as appreciation for the fact that the programme was run as a tat. to remove everyday stresses and give greater focus on personal development. SHIFT We ente the third year ol our partnership with Dancers caer Development IDCDI - an oryanisation dedi¢a¢ed to supporting independent freelance artists retrain. Together we have created SHIFT - a prograrnme of support Specifically for artists working In Hip HDP Iwlh a focu5 on women and those who experience rausm a5 a barrier lu their developrrentl. SHIFT provided a grant of £2.500 tD the artists alongside mentoring and coaching lo support thern exploring different opportunities for Iheir careers off stage. Three art151s were selected to lake part. each exploring a different area that they would like to pur$ue to enhance their erDployability and ski115 Outside of being 8 Hip Hop performer. Due 10 the success of the programme we have deuded to continue the work with DCD up to 2027. Associate Artistic Dlrector Danlelle'Rhlmes' Lecoonte 2023124 was our first full year wlh Dannielle 'Rhimes' Lecointe as our Associate Artistic Director. Given the Increasing demand5 on our Founder and Art15tic Director Kale Prince, the company made the derision to deliver on our mission to support the next generats'on of Iheatre rnakers and cre8te this n8w Artistic Role. Addssing a key nsk for the company (decreased Artistic DirectorlFounder led projects and profile), Ihis new role has provided artistic oversight, greater onnection to the cornmunilie$ seek to serve and inspire and ha5 provided critical professional development to an established Hip Hop Artist wishing to take on their first organisational leadership position. Ifs been a brilliant year with Rhimes, she'5 been a Strong and supportive leadership vcice in the Cornpany and we look forward to creating 8 future pipeline of wort( for Rhirnp5 together. ZooNation Agency Highlights from the ZooNation Agency In 2023124 Indude employment for ¢hoOgraPher$ and dancers on the Eurovision Song Conte$l live performance in Liverpool In May 2023, ITVS National Lottery New Year's Eve &'g 8a5h, the West End tun of Unfortunate and Cable Street al Southwdrk Playhouse. 31 PARTICIPATION To In¢aSe the number and range of people experiencing high quality Hip Hop inspired work across the country. Page 5
ZOONATION.. THE KATE PRINCE COMPANY LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 r participation work takes us all over the eounlry delivering workshops in schools and at events. It's a vital way for us to increase the nurnber and range of people, particularty young people, to experie and be inspired by high quality Hip Hop inspired worf(. In 10181 we delivered 31 this year and rked vAth 1.412 children and young people The majority cf our sd)ool workshops take place outside London. From Glasgow to Dover, we have engaged wlh young people up and down the country with 6 workshops taking place in the north of England, 5 in the midlands and 1 in Scotland. Through ZooNalion Academy of Dance in London we continue to offerterm lime weekly dance classes for young people aged 4-21, these dasses are open to all abilities and backgrounds to develop their ski115 In Hip Hop dance styles. We continue to offer 8 number of bursanes to students and use the annual Christma5 Show as an opportunity to fundraise for ZooNalion. Some h1ghlights ul our participation events this year include.. Celebrating SO Years of Hlp Hop ZooNalion wllaboraled wlh Just Vibez ttr rElebrate the 50th Anniversary of Hip Hop al Soulhbank Centre last Summer. In August we delivered three workshops In House. Locking and Popping. led by ZooNation artists and supported by our cste Assistants on the Riverside Terrace for all ages. Some of the UK and the world's best known Hip Hop DJS performed $els throughoul the day, a5 well as ZYC performing an extract from Twce In Time and ki¢king off an open dan jam. lrnagine Chlldren's Festlval In February we ran a ZooNation Hip Hop Half Tem Takeover. as part of Imagine Children'5 Festival at Soulhbank Cenlre. ZYC took to the Clore Ballroom and performed a new set for over SOO young people and their familie$. We ran 4 worf(shops. a lunchtime DJ set a5 well a5 ZYC'S performance. with over 1500 people attending throughout the day.. all of which was h05ted by two ZYC alumni. Maklng Moves We worked wlh Sadle¢s Wells on their new thoreography and performance proied for schools and youth group5, embarking on the pilot of a 2 year prDgramme, connecting young peo>ple with the ideas and Stimuli set by worfd renowned choreographers. This first edition saw Dannielle 'Rhimes' Lecointe on bÈhalf of ZooNation. join Alesandra Seutin. Jordan Oougla5 and Oona Doherty ln the creation ol Ivolkils rontaining Information on their choreographic Prath1 and influence, a chofeographerfs weekend in September for the leaders of all the dan groups taking part and creation period for all groups, leading up to national performance platforms to select group5 for the opportunity to pertorm on the Sadlerfs Wells stage, next yeèr. The toolkit featured warm up and choreography videos filmed by Rhimes, joined by ZooNaliDn Youth Company alumni Portia Oli and Williatn Pascua and Bradley Charles 8150 joined the ZcoNatson faculty for the Cho ographe¢s weekend. Overall the two year pericd. the project will engage nearty 800 young people from 48 youlh and school groups across the Country. London Youth Heritage Taster Doy In July 2023 we delivered a day of workshops for London Youth (who have previously run a large scale participation project wlhl, a5 part of their Cultural Heritage Prograrnme taster day. As part or the day. we delivered 2, two hour danee wotkshops lo 36 yDung people aged 13 - 19. inviting participants to explcre different heritages, as tIl as further connect wth their own. through (lan, movement and fflu51C. Robert Blalr Primary School 2022123 was the first year we began working wth Robert Blair Primary School, piloted six. two hour workshop sessions at the school. run by our Creative Assistants in the Summer Term. Th15 provided valuable teaching experience for these young art15ts, In a setting that their mentor Bradley Charles w85 able to Wslt ano give feedback on. It 15 a long term ambition to estab115h a creative partnership al the school. 8roadly, our participation wort( seeks to make ZooNation's process and styles accessible to the public wth a key locus on leainin9 wlh young people- primarjly in edLJcational context5. Our offer is also available digitally. We have partned wrth Digital Yheaire + to make our recording of Sorne LiKe11 Hip Hop available through their sireaming Serv1 and we a actively exploring addrtional way5 which can make our work available digitally lo the widest aducalional audience. Page 6
ZOONATION.. THE KATE PRINCE COMPANY LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 This year, alongside our digital reS0rCe pad(s that a available for four ol our productlOn5 (Sylwa, Sorne Like It Hip Hop, The MadHatters Tea Party and Message in a Boltlel we began work on expanding our CPD (Continued professional development) offerino for leachets digitally. We also have a comprehensive library of r650urce$ ready for the educational community to utilise. A hi9hlighl this year was Induding a filmed Interview belween Artistic Director Kate Prin and Victor Fung Artistic Director of Pavilion Dance South Wesl about Kate's creative pro5$. 11 was captured In front of a live audien In Boumemoulh and is freely available on YouTube. Nexl year we wll be redèsigning our website with a view lo creating an educational hub, integrated with our CRhA system that wll be freely available to ducator5 and students. This year we reached 2,430 people online vjilh our digital screening5 With 7,414 educational production resource pad(5 dovmloaded. FINANCIAL REVIEW Flnancial Posltlon ZooNalion has now completed Its first year of the 2023-26 Investment Period as a National Portfelio Organi5ation. Receiving an annual revenue ol funds Df £254.599 a5 per 2022-23. The charity also gained Confirmation of 8 further multi year commitment from a significant pNvate individual donor. During the year ZooNalion received Its annu81 grant of £254,599 from Arts Counul England1£254,5991 together bmth securing additional grants Df £238,F13, an Increase of grant Income of £200.313 from 2022123, and £42,546 in donations. The In¢aSe in grants is prirnanly due to an Arts Council England National Lottery Grant for touring Message In a 80tt18 to the US and Canada. 11 MaInS the company's long-terrn aim to build leaming and production income together wlh Corpoole work contribution, Individual and trust donations as the majortY income streams. We a VIewIng the role of the Agency In the Company. particulaily In relation lo its income generation In recent years Alongside this In 2023124 we began Steering Group wth Trustee input to explore how we can diversify our business model and generate more Incorne through corporate rk and partnerships and thi$ Is a dear ambitson for the Company going forward. Reserves Polley The company has sel aside a Creaiive Reserve of £335.00012023 £295.0001 to assist with their funding and to ensure that there are funds to provide the development and creation Df productions. Its talent development schemes, public engagement and learning activities. In 2023 11 was agreed that the company's aim is to hold a minimum of the months. worth of general serveS and at the year end th8 level of reserves was £73.19912023 £97.6191 Ithich equates to approximately three months operation. The position of cash reserve5 15 reviewed at each Trustee meeting and the reserves policy is reviewed annually when the fi'nancial statements are approved. Ai the year end Ihe company held a total of £378.702 in cash12023 £263.9721, ING FORWARD 2024125 Productions We are excited for the final leg of Message In a Bottle which will see the production landing in New York and opening on Broadway. We are thrilled that this important produelion wll gain the Intemational exposure ZooNation h85 been working towards and we a keen to capilalise on the international prornoler and fundraising contacts that will be mad for olher ZaoNalon repertoire. In addition to the touring, a film of Message in a Bottle was leaSed for cinerna across the UK In May 2024 Idisiribuled via Royal Opera Hou58 in rynernal. In September we will remount The Madhatterfs Tea Party at the Royal Opera & Ballet The production wll have a four week run In the Linbury Theatre and wll be a r£lebratory 10th annwersary production bringing together new and old professional casl. We're particulady Ihrilled to have a number of ZooNalion Youth Comp8ny alumni as part of the professional company. We're delighted to bnng this brilliant production back to London and (o it5 original horne. Kate Pnnce transforms le$ Carroll's traditional tale In this tUrning hit show. Set IN a dysfundional Inslitution, this energetic family-friendly production encourages us to embrace our dilleren¢es and the things thai rnake us who we are. Vve wll be explonng all opportunities to tour this produ¢lion both In the UK and Inlemationally In futu years. Page 7
ZOONATION.. THE KATE PRINCE COMPANY LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Also in September 2024 wll open Ghost Ships. a co production with Icon Theatre, Medway and Arnina Khayyam Dall Company. This wll be a site specific production at Chatham Dockyard and wll Indude more than 185 community volunteer pertonrers alongside the professional dancer5. The PErfofrners wll be made up of 10 professional danr8, 5 emerging performer5, and 185 other partiapants tD induole., local community cast. ICON young cornpany. cornmunity ehoir, local schoo15 and cornmunily volunteer perfomiers. This ¥11 be ZooNation's first large scale Community and site specifc productioa. This Is a brilliant opportunity for ZooNation to leam more about creating work in this way and wth large scale community groups. This immersive theatrical event wll tell the history of Chalharn Dockyard, asking who owns our h15tory and what $ttsries should we tell? ChoOgrapher$ on the production Include Danielle 'Rhifnes' Lecoinle and Kloe Dean. 1th As$o¢iate Choreographer by Cherilyn Albert lan Mumni of The Artists) and A5S1Stanl Choreography William Pascua (alumni of ZYC and Creative Assistants). ZooNation Youth Company wll once again be part of The Next Generation Festival In June 2024 presenting 'ngdoM of Nevar a full evenings wvrk ¢realed by Chaldon Williams al The Linbury Theatre. And In April they wll perform al Sadler'5 Wells Theatre alongside Sadlerfs Wells Company of Elders wth a new work The Exchange as part of Sadler's Wells Elixir Festival. Talent Development ZoDNation Youth Company remains a priority for us and we a delighted that in January 2025 Kate Prince and Danielle 'Rhimes' Lecointe will jointly be Art151ic Director5 of the Youth Company. In 2024Q5 we wll deliver our third edilii>n of our Creatwe A8S15t8nt5 Scheme. catiVe Assistants provides paid xperience, training, employment and mentoring for up lo four young creative5 bvho $h ta develop their danc development and teaching 3ki115. In 2024125 we 3ie hoping to expand the programme to deliver a wder range ol participatory WDd£ al our new horne Robert Blair Prirnary School which in turn provides rnore paid professional opportunities for our Creative Assislanls We wll roll out the next edition of our Young Artist Tr8ining Scherne alongside the hearSalS and production of The Madhatter's Tea Party at the Royal Opera and Ballet. Unique to 2ooNalion The Kate Prince Company. the Scheme is an Individualised approach to earfy professional development thai focuses on a broad range of dance 5ki115 and teChnUeS, performances ski115, storytelling. and the opportunity lo be fully immersed In the creation and harsal proces5 for The Madhaiterfs Tea Party. We wll oonlinue to support 8radley Chartes a5 our ZooNalion Youth Wellbeing and Mentoring Lead to support the young peOe have a sustained involvernent Vwith a¢ross ZooNation Youth Company and our Creatsve Ass151ant$ Pro9rarnme. Th15 role was created In response to an increased need lo provide more Individu81 5UPPOrt for young people as wall as provide dearer evaluation feeilback to the company to inforn future planning. We wll enter the fourth year of our partnership with Dancer5 caer Development and our joint programme SHIFT. SHIFT supports 3 Hip Hop practits"oners to explor8 options off stage Ihrcugh a'retraining grant,. mentoring and coaching. Most Df the programme8 outlined above ryI1 have a priority to attract those trom a Global Majonty background and people who have experienced racism as a barrier to their creative development. partl¢1pa0n Thi$ year we vrill begin our strategic partnership at Robert Blair Primary School. Our ambition alongside gaining wtal office space is to suppori the school's daTr and performan opportunities through workshops and performance which we hope will be a regular opporturtily for our Creative Assistants programme We wll have the opportunity to expand our early years work, obtain local space lor training opportunities and potentially provide feedback on R&Ds for work aimed at family audiences. For the school this will provide their students with high quality daTr and theatre experiences that we hope will Inspire them Into be¢oming future theatre goers and theatre rnakers. We wll contnue lo deliver nationwde participatory workshops, particulady In schDols, wrth a renewed emphasis on trying lo reach schools in areas of the country Identified a5 priority places by Arts Council Eng18nd. We will be growng our Continued Professional Developrnenl offering lor teachers. creating new freely available content for them to asS alongside updating and creating new resource pad(s for our production6. We wll begia surveys on our partieipaiory workshops in schools In order to better evaluate our offer lor teachers and students and to ensure we are providing the best possible work5hop8 and semce to those we wsit across the country. We will continue lo offer annual teacher training and safeguaiding training lo freelance artists w5hing to deliver ZooNation's work. This is critical training to ensure our worklorce is appropriately skilled to undertake safe. creative, and authentic ZoDNation parknopalory wotk Iprirnanly with young people). Page 8
ZOONATION.. THE KATE PRINCE COMPANY LIMITED REPORT OF THE TRUSTEES FOR ThE YEAR ENDED 31 MARCH 2024 We will continue to offef the rental of a selection of our Productions (Some Like It Hip Hop 8nd The Mad Hatters Tea Party) In addition lo offenng Some Like11 Hip Hop via Digital Thealre and Digital The8lre plu5 and to expand our digital offering through new partnerships to ensure the dest P0S5ible reach al the lowest cost for educators and students. Oryani5ation Resilience ZooNation Is in the fir51 ye8r of 2 years revenue funding maining as an Arts Coun1 England National Portfolio OTgani5ation. In 2024125 we will have the opportunity lo apply lor the extension year ol Ihe inve5trllent programme which will lake us up lo 2027. We are very exuted by our move to Robert Blair Primary School in 151ington and are looking forward to establishing our steering Group wlh the School In 2024125. This group will be made up of key staff mernber5 and Tru51ee5 frorn ZooNation and Governor5 from Robert Blair School and will meet gUlarlY throughout the academic year. We believe that not only does a partnership with the school offer us a cost effective way to have office. R&D and hearSal Space in London bul will allow us to deÈpen our work with schools. paCUlarlY al primary school level. We know that this will also provide new and wder fundraising opportunities for us as a Charity. Executive Director Flo Buckendge has eate(l a new Fundraising Strategy and Plan which we vill irnplement in 2024125. Alongside this ZooNation ha5 a renehved ambition to develop our performance work in the cotporate Sector to generate MO Incorne tD be Invested back Into the Charrty's Flo'$ appointment brings additional stability for ZooNation and new skills as she leads on delivenng our Company Plan and establishing our direction of travel beyond the current Arts Council England National Portfolio Investment Prografflme. In 2024125 we wll begin Wofk on redesigning our website and r2freshing our brané to ensure we are maximising opportunib.es for audience reach and Income generation. The new website wll be., a robust uprade with the ability to truly flex our affering, il wll be MO user friendly, have integrated CRM. streamlined infomiation, future proofing and much rnore effective b2c Ibusine5S to CU5tLimerl capabilities. We will also undertake company and Board wide training and leaming events to increase our combined knowledge in speufic areas IGender Inlelligence. Mental Hèalth and Environmental Suslainabilityl and cr8ate space for joint long-temi thinking about the shape and future of ZooNation'5 work and pla. Risk Mana ement A5 part of their ongoing monitoring of the ¢haritYs adivities, the Trustees regularfy r8view any ri5k5 to which they think the charity may be subject to. The Trustees have a risk management strategy, which comprises. a regular remew of the risk register," the establishment of polityes, 5y5tems, and procedures to mitigate those risks identifiefl." and the Implementation of proceduS designetl lo minimi5e or manage any potential impact on the tharity should those risks materialise. MaiDr risks identified Itaken from18test ZooNation Risk Regislerl include". Risk.. Cost of living negatively affecting people'5 ability lo attend or particxpale in arts a¢tivity Actions taken to mltlgate rl¥k.' All artists on talent developrnent programme5 are paid. Offering enhanced travel svbsidy every year lo certain ZooNalion Youth Company members Ensured major parti¢ipatory projects Include free resour5 andlor access to activity e.g. free resou pa¢ks. Robert Blair Primary School and ICON participation is free Rl$k. Reputational DaTnage wlh rnore Wa created by Associale Artistic Director not FounderlArtisiic D1ctor Actlon taken to mltlgate rlsk: Key partner5 made aware of ZooN81ion'5 intention to bring in and develop woth by other artists, new coFnrnis510n confirmed from Sadle¢s Wells East. ZooNaiion Executive Directors and Executive PrOdUr continue to be involved In all production elements and relain oversight of all projects. ZooNation Artistic Policy approved by Kate Pnnce and shared wrth Associate Artistic Director. Kate Prince retains final artistic over5ighl on ZooNation productions and to provide mentoring and reassurance as needed. particulady across production penod5. STRUCTURE, GOVERNANCE AND MANAGEMENT Goveming document The chaiily Is controlled by its governing document, a dee(l of trust, and constitutes a Iirnited company, limited by guarantee, as defined by the Companies Act 2006. Page 9
ZOONATION.. THE KATE PRINCE COMPANY LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Recrultment and appointment of new tw$tee$ The size of the charity means that It does not have a formal arrangement for the appointment of new Trustees. If the existsng Tru8lee5 consider that additional Trustees are required to ImpTove or adtj skills then recruitment will begin. Our Trustee RecwitTnent Policy Qui$ Trustees to serve no longer than two lerrns unless In 2023124 we began recTUltment for several new fruslees The induction and training of new Trustees is overseen by existing Trustees and the ZooNation senior staff team. No person extemal to the Chanty Is entitled lo appoint Trustees to the Charity. We had the Trustee resignations. Recruitment of new Trustees began in January, the deSlan was Tnade to grow our Boar(l in order to ensure we are able lo meet our ambibons. The recTuilmenl panel rnet rnany highly Skilled and experienced potential Trustees frotn a variety of professional bad(grounds and made the decision to appoint seven new Trustees froFn the pool ol peo Je interviewed. Appointment of new Trustees were mède In 2024125. In 2023124 One Trustee look parental leave. Organis¥tlonal $tru¢ture In 2023tt4 Executive Director Sri Sarker left the Company and Flo Buckeridge was appointed 2$ Executive Director. In 2023r24 ZooNation had the following oryanisational permanent staff structure. Kate Prince Artistic Director Dann*lle'Rhime5' Lecointe A$socAate Artistic D1Clor Flo Bud(eridge Executive D1Clor lappoinled in July 20231 Sn Saiker Executive Direcior (left In July 20231 Chantal Spilen E)recutive Director Sandrg C8slell-G8rci4 Executive prur Annie Taylor- Gooby Producer Sophie Carnmack General Manager Frankie Siansfield Mafkeling and Cornrnunicalions Manager Jasmine COK Company Coordinator REFERENCE ANO ADMINISTRATIVE DETAILS ReglsterÈd Company number 10575570 (England and Wales) Registered Charfty number 1179510 Registered oflice Sadler's Well$ Theatre Rosebery Avenue London ECIR4TN Twstees Ms E Mccartney Chair (resigned 18.4.241 Mr J M R Cohen Solicitor I$19ned 7.12.231 Ms C S Cox Iresigned 7.12.231 Miss G A G8tti Ms H F05ker Mr L G Shire5 Ms M R F15her Mr J Reeve Ms L Atkinson (appointed 18.4.241 Mr C Barnes lappointed 18.4 241 Mr A E Cherkez lappointed 18.4.241 Ms J S D Sok8lski (appointed 18.4.241 Ms J Down lappointed 18.4.241 Mr O A Eleazu (appointed 18.4.241 Ms S Marshall lappoinled 18 4.241 M15s A Ofori-Darko lappointed 18.4.241 Page 10
ZOONATION.. THE I(ATE PRINCE COMPANY LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examlner L15a Wilson FCA Rolhmans LLP Chartered Accountants Chilworth Poinl 1 Chirth Road SouthaFnplon S016 7JQ 10 December, 2024 Approved by ord¢r of the board of trustee8 on ............................................. and signed on its behalf by.. Ms S Marshall- Tru51ee Page 11
INOEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ZOONATIOM.. THE KATE PRINCE COMPANY LIMITED Independent examlnerfs report to the trustee8 ofZooNatlon.' The Kate Prince Company Llmlted I'the CompanVI l pOrt to the chariiy trustees on my examination of the arut5 of the Gompany forthe year ended 31 March 2024. Responslbllltle$ and basls of Yèport As the chanty's trustees of the Company land also its director5 for the purposes cf cornpany lawl you are responsible for the preparation of the accounts in accordan with the requirernenls ol Ihe Companies Act 20061'the 2006 Act'l. Having satisfied rnyself that the accDunts ol the Cornpany are not required lo be 8udited under Part 16 of the 2006 Act and are eligible for Independent examination. I report in respecl of my exarnination of your charity's ountS as carried out under Section 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Cofflmission under Section 145151 Ibl of the ?011 Act Independent examlnerfs statement Since your Charity's gross in¢ome exceeded £250,000 your exarniner USt be a mernber ol a listed body. I can confim that l am qu81ilied lo undertake the examination because l awn a member of the Instrtule of Charted Accountants in England and Wales, which is one of the listed bodie5. I have completed my examination. I confimi that no matters have come to my altenlian in connection wlh the examination giving rne cause lo beli8ve'. accounting records were not kept in respECt ol the Gompany as required by Se¢lion 386 of the 20(h8 Act", or the accounts do not accord wlh those records, or the accounts do not comply wth the accounting requirements of Section 396 of Ihe 2006 Act other than any rèquirement that the accounts give a true and fair view which Is not a maller considered as part of an independent examination". or the account5 have not been ppad in accordan wlh the methods and principle5 of the Statement of Recornmended Pr3Ctice for a¢¢ounting and reporting by charities lapplicable lo charities preparing their accounts in accordance th the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS I have no concems and have come across no other matters in connection wth the examination lo which attention shoukl be drawn In this report In order to enable a proper understanding of Ihe accounts to be reached. Lis3 Wilson FCA The Institute of Chartered Accountants in England and Wales Rolhmans LLP Chartered Accountants ChiKvorth Point 1 ChiOrth Road Southarnpton SO16 7JQ Dale. 13 December 2024 Page 12
ZOONATION.. THE KATE PRINCE COMPANY LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 Total funds 2023 Total funds UnstriCted funds Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 309,645 226,213 535.858 514,430 Chayltable a¢tlvitie¥ Leaming Production Agency 40,554 52,000 85,367 40.554 52,000 85,367 39.034 78,252 52,222 Other inwme 1,026 1.026 49,384 Total 488,592 226,213 714,805 F33,322 EXPENOITURE ON harltable activities Learning Production Agency 183,869 172,602 86,541 183,869 398,815 86,541 138,416 499,533 52.06£ 226,213 Total 443,012 226,213 669,225 688.018 NET INCOME 45.580 45,580 45,304 RECONCILIATION OF FUNDS Total funds brought foward 362,619 362,619 317.315 TOTAL FUNDS CARRIED FORWARD 408,199 408,199 362,619 The notes form part of these financial 8tatements Page 13
ZOONATION.. THE KATE PRINCE COMPANY UMITED STATEMENT OF FINANCIAL POSITION 31 MARCH 2r124 2V24 Total fund5 2U2J Totsl funds Unrestricted funds Restricted fund Notes FIXED ASSET5 Tangible as5els 14 4,119 4.119 675 CURRENT ASSETS Debtors Cash 8t bank 173.792 378,702 173.792 378.702 161.932 263,972 16 552,494 552,494 425,904 CREDITORS Amount5 falling due wthin one year 1148,4141 1146,4141 163,9601 NET CURRENT ASSETS 404,080 404,080 361,944 TOTAL ASSETS LESS CURRENT LIABILITIES 408.199 408,199 362,619 NET ASSETS 408.199 408,199 362.619 FUNDS Ilnrpstricled lund$'. Genersl fund Designated fund- cative reserve 19 335,000 295,000 408,199 362.619 TOTAL FUNDS 408.199 362.619 The charitable company is entitled to exernplion from audit under Section 477 of the Companies A¢1 2006 for the year ended 31 Marth 2024. The member5 have not reqUId the company to obtain an audil ol Its financial statements for Ihe year ended 31 March 2024 In accordance with Section 476 of the Cotnpanies Act 2006. The trustees ac4(naiMedge their re5ponsibllilies lor ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 Df the Companie5 Act 2006 and prepanng financial statements wttich give s true and fair view of the state of affair8 of the charilable company a5 at the end of each fi'nancial year and of It5 surplus or deficit for each financial year In accordan wth Ihe requ1mentS of Sections 394 and 395 and hvhich othenmse comply vrith the rÈquirernent5 01 the Companies Act 2006 lating lo Iinancial statements, so far a5 applicable lo the Charitable company. These financial statement5 have been prepared in awordance with the prov18ions applicable tu tharrtable companies subjeot to the sma11 companies gie. The finanaal statements were approved by Ihe Board ol Trustees and authonsed for issue ..10112421X4. and were signed on It5 behalf by.. Ms S Marshall- Trustee The notes form part of these finanaal statements Page 14
ZOONATION: THE KATE PRINCE COMPANY LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash flow5 from ope¥8tlng a¢tl¥ltle8 Cash generated from operations 119,547 174,5491 Net $h provided byllused inl operating activities 119,547 174.5491 Cash flows from Investing a¢tlvlOe$ Purthase uf tangible fixed as5e15 14,8171 16251 Net cash used in Investing actiwties 14,8171 16?51 Change in cash and cash equlv?lent$ In the reporting period ash and cash equivalents at the beginning vf the reporting period 114,730 175,1741 263,972 339,146 Cash and cash equivalents at the end of Ihe reportlng perlod 378,702 263,972 The notes form part of these financial slalernents Page 15
ZOONATION.. THE KATE PRINCE COMPANY LIMITED NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net Income for the report5ng period la5 per the Statement of Flnanclal Activities) Adlu8tments for.. Depreciation charges Increase in debtors In¢3$e11deCasel in creditor5 45.580 45.304 1,373 111,8601 84.454 225 1100,4751 119,6031 Net cash provlded byllused inl operatlon8 119,547 174,5491 ANALYSIS OF CHANGES IN NET FUNDS Al 1.4.23 Ca8h flow At 31.3.24 Net cash Cash at bank 263,972 114.730 378.702 263,972 114,730 378,702 Total 263,972 114,730 378,702 The notes form part of these financial statements Page 16
ZOONATION.. THE KATE PRINCE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 STAnJTORY INFORMATION ZooNalion'. The Kate Prince Company Limited Is a charitable company, limited by by guarantee. registered In England and Wales. The companls gIStered number and registered office ad¢tress can be found on the Report of the Tru51ees. ACCOUNTING POLICIES 8ASIS OF PREPARING THE FINANCIAL STATEMENTS The financial statements of the tharitab company, ¥thi¢h is a public benefit entity under FRS 102, have been prepared in accofdance the Charilies SORP IFRS 1021 'Accounling and Reporting by Charities Stalernent of Recomfnended PracliTr applicable to charities preparing their a¢¢Dunls in 8ccoréance th the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 (effective l January 20191,, Financial Reporting Standard 102 'The Finanual Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The finan¢ial statements have been pPared under the historical cost convention. These financial statements have been prepared on the going concern basis, as the are no material uncertainties about the ¢harily's ability to continue. The Irust8es' have reached this condusion based on the nature Df the grant funding, contracts for which have been agreed for the foreseeable future. ZooNation. The Kate Prince Company Limited meets the definition ol a public benefit entity under FRS 102. The charity's functional and presentstional currency is £ Slerting. INCOMING RESOURCES Voluntary income by way of donations and grants that provhle core funding or are of a general nature Ère recognised in the St81emenl of Financial Activities when receivable. In the event that a donation is subje¢t to fvirilling perf0[rnan condition5 before the charity Is entitled to the funds, the income is deferred and not cognised until Il Is probable that those wnditions wll be fulfilled In the reporting period. The donations and legacy income is ceIvable from non*xchange transactions, all donations and legacies received during the year We Cash ceipts, the amounts of which are presented in the statement of finanrjal activities. Grant inwrne Is only recognised then the charity has entitlement to the funds, any perfomiance conditltsn5 allached lo the gronls have been rnet. it is probable that the Income will be reiVed and the amount can be measu0 reliably and is not deferred. Charitable activities income comprises the funds ceIVed frorn delivery of il's actsmties and Services for the comrnunity. It indude8"_ - the Income Incurred acting 88 an 8genl to perfom)ers, the income frorn dan shows for the public. and the income from providing wotk5hops lo train perfomier5. other income represents any royalties reiVed during the year. All Incoming resour5 are recognis8d in the Slalement of Financial Activities then the charity Is entitled to the Income. any perfDmiance conditions attached lo the item have been met, It 15 probable that the Income be reived and the amount can be measured reliably. Where income has related expenditure, the incorne and related expenditure are reported gross in the Statement of Financial Activities. RESOURCES EXPENDED Expenditure Is accounted for on an accruals basis as a liability Is incuryed. Expenéiture Indudes any VAT charged which cannot be recovered and is reported as part of the expenditure to which il relate5. Chanlable eypendilure compnse5 those costs incurred by the charity In the delivery of iys activities and services for the community. It includes-.- - the costs Inujrred acting as an agent to perfomer3. the cost8 of producing dan shows lor the publi and the c05t of providing training lo performers. Page 17 continued...
ZOONATION.. THE KATE PRINCE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES- contlnued RESOURCES EXPENDED Support sts include wages estsblishment and other general bu&ness expenses, all of which are considered to be costs of indirect nature necessary lo support the tharity's ability lo perform Ils day to day aclivilies. A11 cost$ are allocated between the expenditure categories of the Slatetnent of Financial Activities on a ba515 designed to flect the use of the resource. Cost5 relating to a pathcular activity are alluGaled direclly, olliers are apportioned on an appropriate b8SlS to reflect the consumption of $Our$. ALLOCATION AND APPORTIONMENT OF COSTS Support costs a those functions that a55151 the work ol the charity bul do not directly undertake chantable a¢livilies. Support costs Include back office costs, finance, personnel. payroll and costs thich support the Charities programrnes and activities. Support costs are allocsted in proportion to the Gharitable expenditure. TANGIBLE FIXED ASSETS DepCiall¢n is prOded at thè following annual rate5 in order to write Off each asset over its e5tsmaled useful Computer equiprnent 25Yo on reduang balance rangible fix#d asset8 are stated at historical cost less accumulated depreciation and any accumulated Impaimient losses. Historical cost included expenditure that is direclly allributable to bringing the asset to the locAtion and condition necessary for it to be capable of operating In the manner Intended tyy management. rhe assets, iesidual values, useful lives and depreciation methods are reviewed and if appropriate a adjusted if the Is an indication of a significant change Since the last reporting date. TAXATION The tharity meet5 Ihe definrtion of Part 1 of Schedule 6 to the Finan Acl 2010 and Is potentially exempt from laxation In respe ol Income or capital gain5 Wlthin categories covered by Chapter 3 of Pacorporationhe Corportion Taxes A¢1 2010 or Section 256 of ihe Taxation of Chargeable Gains Act 1992 to the extent that such in¢ome or gains are applied exdu51vply to charitable purposes. No lax charge arose In the reported penods. FUND ACCOUNTING Unresiricied lynds can be used in accordance with the charitable objectives at the discretion of the Irustees. If such funds have been 8cifICallY earmarked for a particular project or use by the Trustee5, th2 funds are denoted as designated funds. Reslricled funds can only be used for particular restricted purposes wthin the objects of the charity. Restrictions arise when 5pe¢ified by the donor or when funds are ra15ed for particular restncted purpose5. Further explanation ol the natu and purpose of eath fund is included in the noies to the financial statements. HIRE PURCHASE AND LEASING COMMITMENTS Rentals paid under operating leases a charged to the Stalernent of Financial Active$ on a straight line basis over th8 period of ihe aSe. PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS The chantable cumpany operates a defined contribu110n pension scheme Contributions payable to the Charitable company's pen310n scheme are charged to the statement of FinanrAal Activities In the period to which they late. SHORT TERM DEBTORS AND CREDITORS Oebtors and uedilors CeiVable and payable within one year Qr upon deffland are recorded at transaction Pric8 whether cr not a rate ol Inte$t is charged on the balance. LEGAL STATUS OF THE CHARITY The Charity is a Company limited by guarantee and has no share caprtal. In the event of the tharity being wound up. Ihe liability in respect of the guarantee is Iitnited to £1 per member of the charity. Page 18 CDntinued...
ZOQNATION: THE KATE PRINCE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS . contlnued FOR THE YEAR ENDED 31 MARCH 2024 CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY The prepaTation ol the financial statements r4uires management to make judgements, esllmates and assumptions that affect the assets and liabililie5 as at the balance sheet date. and the amounls reported for income an¢ expenses during the ypar. However, the nature of e51imation mean5 that actual outcomes could differ from those eslimales. There have been no iudgernent5 and estimates whith have had a significant effecl on atnount5 recognised In the financial statements during the year. DONATIONS AND LEGACIES 2024 2023 Donations Grants 42,546 493.312 225.031 289.399 535,858 514,430 Grants reived, induded In the above, ale as fo11ry.. 2024 2023 Arts CouncAI of England Fenton Arts Redfern Charitsble Trust The London Community Foundation Other Trust Arts Counul England National Lottery Project Grant 254.599 254,599 4,800 5,000 25,000 10.000 2,500 226,213 493.312 289,399 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Learning Produdio Agency Le8ming income Production income Agency income 40.554 52.000 85.367 39,034 78.252 52.222 177,921 169,508 OTHER INCOME 2024 2023 Royalties Sundry incorne Theatie tax credit 210 816 468 48.916 1.026 49,384 Page 19 continued...
ZOONATION.. THE KATE PRINCE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS- Continued FOR THE YEAR ENDED 31 MARCH 2024 CHARITA8LE ACTIVITIES COSTS Support cost5 Isee note 81 .cL Cost5 Totals Leaming Production Agency 14S.879 322,748 86.541 34.990 76,067 183,869 398,815 86.541 5S8,168 111.057 669,225 SUPPORT COSTS Goveman Finance Totals Leaming Production 34,943 75,965 47 102 34.990 76,067 110,908 149 111,057 Support costs, Included in ihe above. are as follows.. GOVERNANCE 2024 Total actiwties 2023 Total activities Learning Production Wages Sooal security Pensions Rent Insuran Tplephone Advertising Sundnes Subscriptions stoiage Travel Audit and accountancy Professional fees Staff welfare Bad debts Depreciation of tangible assets 20,329 2,806 369 1.7QS 781 456 621 1,389 1,277 307 463 1,272 588 1.949 44.070 6.083 799 3,890 1,692 989 1,347 3,227 2,986 666 1,004 2.756 1,275 4,225 16 940 64.399 8.889 1,168 5,685 2,473 1,445 1,968 4,616 4,363 973 1,467 4,028 1,863 6,174 24 1,373 55,667 3.080 1,073 1,613 2,422 1,431 2,385 5,831 3,245 3,149 764 2,714 1,444 20 34 225 433 34,943 75,965 110,908 85,097 NET INCOMEIIEXPENDITLIRE Net Incomellexpenditurel is 51aled after chargingllcreditingl. 2024 2023 Depreciation owned a58el8 Other operating leases Independent examination fee 1,373 5,685 227 225 1.613 211 Page 20 continued...
ZOONATION.. THE KATE PRINCE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS - COnnUed FOR THE YEAR ENDED 31 MARCH 2024 10. TRUSTEES. REMUNERATION AND BENEFITS There *ere no trustees, MUneratIon or other benefils for the year ended 31 March 2024 nor for the year ende 31 March 2023. YRusfEES' EXPENSES Tliere were no tru5tees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 Merch 2023. 11. STAFF COST5 2024 2023 Wages Salaries Social security costs Olher pension costs 64.399 8.889 1.168 55,667 3,080 1,073 74,456 59,820 The average monthly number of employees during the year was as follows.. 2024 2023 Production Learning Support aniy administration No employees received emoluments in e¥cess of £60,000. 12. AUDITORS. REMUNERATION The total audf(ors' remuneration Induded In the accounts amounts to £3,740, for service5 a5 provided belo Services Independent Examination Accountancy and lax servi$ Other 8eNce8 227 2.125 1.388 Tot81 3.740 13. DEFERRED INCOME Deferred ie comprises a grant tota11ing £20.000 12023.. £42.0001 which was rerRived in advance of the period that It relates to A grant lolalling £42,000 was released to Income from deferred Income in the current year, as It relates to a production in the year ended 31 March 2024 Page 21 conts'nued...
ZOONATION.. THE KA TE PRINCE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 14. TANGIBLE FIXEO ASSEYS Fixtures and fittings Computer equipment Totals COST At 1 April 2022 Addition8 1,495 2,697 1,498 4,817 2,120 At 31 March 2024 2.120 4,193 6,313 DEPRECIATION At 1 April 2023 Charge lor year 821 821 1,373 530 At 31 March 2024 530 1,864 2,194 NET BOOKVALue At 31 March 2024 1,590 2.S29 4,119 At 31 March 2023 675 675 16. DE8TORS.. AhlOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Olher debtors Accrued income ppayMentS 11,365 46.083 113.122 3.222 67,021 89.007 2.712 3,192 173.792 161,932 18. CASH AT BANK 2024 2023 Designated fund- Creative reserve General fund Total funds Total funds Current account Paypal GoCard18S5 73,782 9,940 295,0 368.762 9,940 255,888 8.08? Total 83,702 295.000 378.702 263,972 Page 22 continued...
ZOONATION.. THE KATE PRINCE COMPANY UMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 17. CREDITORS: AMOUNTS FALLING DUE IMTHIN ONE YEAR 2024 2023 Trade creditors Social security and other taxes 4.735 4.298 1.513 1,855 20,000 116.013 6,143 4.842 7.518 1,221 42,000 2.236 VAT Other creditors eferrpd Incotne Accrued expenses 148,414 63,960 18. LEASING AGREEMENTS Minimum lease payrn8nl8 under norKancellable operating leases fall due as follows". 2024 2023 Within one year 538 19. MOVEMENT IN FUNDS Net movernent in funds Transfers between funds At 31.3.24 Al 1 4.23 Unre$trl¢ted funds Gener31 fund Designated fund - catIVe reserve 67,619 295,000 45,580 140,0001 40,000 73.199 335.000 362.619 45.580 408.199 TOTAL FUNDS 362.619 45.580 408.199 Net movement in funds, ineluded In the above a as follo. Incoming resources Resources expended Movement in funds Unre$trl¢ted funds General fund 488,592 1443,0121 45,580 Restricted fund8 Restricted Fund 226.213 1226.2131 TOTAL FUNDS 714,805 1669,2251 45.580 Comparatives for movernent In funds Nel rnovernent in funds Transfers between fund8 A¢ 31.3.23 At 1.4.22 Unrestrlcted funds General fund De51gnateLI fund Creative reserve 62,315 255,000 45,304 140,0001 40,000 67,619 295,000 317,315 45.304 362,619 TOTAL FUNDS 317,315 45,304 262,619 Page 23 continued...
ZOONATION: THE KATE PRINCE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 19. MOVEMENT IN FUNDS- COnnued Cornparalive net TfFovernenl in fund5, Induded in the above are as follows. ncoming re50urce5 Resourtss expended Movement in funds Unrestricted lunds General fund 733.322 1688,0181 45,304 TOTAL FUNDS 733.322 1688,0181 45,304 A current year 12 rnonths and prior year 12 rnonths combined position Is as follo". Net movement In fund5 Transfer5 bel¥%een fund5 At 31.3.24 At 1.4.22 Unrestrfcted funds General fund Deswnated fund- CaliVe reSee 62,315 255,000 .884 180,0001 80,000 73,199 335,000 317,315 90.884 408,199 TOTAL FUNDS 317,315 90.884 408, 199 A current year 12 monlhs and prior year 12 rnonlhs cowbined net rncvetnenl in fun¢Js. included in the above are a5 follow5". Incoming resour$ Resources expende Movernent In funds Unre$tri¢ted lundB Genefal fund 1,221,914 11.131,0301 90,884 Re5tricled funds Restncted Fund 226,213 1226,2131 TOTAL FUNDS 1,448,127 11.357,2431 90,884 The £335,000 designaled fund 85 induded above has been earmarked to be used by the d)arity bthen productions are required. The restricted fund consists af a grant reiVed from the Arts Counci1 England IACEI for the Message in a Bottle US & Canada Tour. These funds are paid out in full lo Sadler's Wells are partnered with ZooNalion and ar8 managing this project. Page 24 ¢onlinued.-.
ZOONATION: THE KATE PRINCE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2024 20. RELATED PARTY DISCLOSURES During the year, the Charity received donations from trustees and related parties lotalling £1.925 12023.. £ 100,4001 No conditions were at18ched to these donations. 21. AGENCY OPERATIONS The agency actVItY suffered a Small deficit of £1.174 in the year ended 31 March 2024. However, il is anticipated that this activity will generate a surplus In year ended 31 Nftarch 2025 based upon the p031 year end management accounts. Page 25
ZOONATION.. THE KATE PRINCE COMPANY LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2D24 Total funds 2023 Total funds Unrestricted fund5 Restracted fund$ INCOME ANO ENDOWMENTS Donations and legacies Donations Grants 42,546 267.099 42,546 493,312 225,031 289,399 226,213 309,645 226,213 535,858 51d,430 Charitable activities Agency income Production Income Leaming income 85.367 52,000 40,554 85,367 52.000 40.554 52,222 78.252 39.D34 177.921 177,921 169.508 Other income Royalties Sundry Incorne Theatre tax credrt 210 816 210 816 468 48,916 1.026 1,026 49.384 Total in¢omlnq re$ource$ 488.592 226,213 714,805 733.322 EXPENDITURE Charitable actlvltles Agency costs Production costs Leaming costs 86.541 96,535 148,879 86,541 322,748 148,879 52,069 432,481 118,107 226,213 331,955 226,213 558,168 602,657 Support Costs Governance Wage5 Social security Pensions Rent Insuonce Telephone Advertising Sundries Subscriptions Storage Travel Audit and accDuntancy Professional fees staff welfare Bad debls Depreciation of tangible assets 64,399 8,889 1.168 5,685 2,473 1,445 1,968 4.616 4,363 973 1,467 4.028 1,863 6.174 24 1,373 64,399 8.889 1,168 5,685 2,473 1,445 1,968 4.616 4.263 g73 1,467 4,028 1,863 6,174 24 1,373 55,667 3.080 1,073 1,613 2,422 1,431 2.385 5,831 3.245 3,149 764 2.714 1.444 20 225 110,908 110,908 85.097 Flnan¢e Bank charges 149 149 264 This page does not form part of the statutory fin8nrial statements Page 26
ZOONATION.. THE KATE PRINCE COMPANY LIMITED DETAILED STATEMENT OF FINANCIAL AcnviTIES FOR THE YEAR ENDED 31 MARCH 2024 2024 Total lunds 2023 Total funds UnStriCted funols Restricted funds Total $oUr5 expended 443,D12 226,213 669,225 688,018 Net Ineom• 45,580 45.580 45,304 This page does not form part of the statutory finanryal statements Page 27