THEATR Annual Report Mnanclal Year Ended 31 January 2022 Charlty Numb•r• 1179903 RE IP4
CON�EN��
| CON�EN�� | |
|---|---|
| REPORT OF THE TRUSTEES FOR THE FINANCIAL YEAR ENDED �� JANUARY ���� | � |
| CHAIR�S STATEMENT | ��� |
| OUR CHARITABLE AIM | ��� |
| REFERENCE AND ADMINISTRATIVE DETAILS | � |
| STRUCTURE� GOVERNANCE AND MANAGEMENT | � |
| G��e��i�g D�c��e�� | � |
| A���i���e�� �f T����ee� | � |
| T����ee I�d�c�i�� a�d T�ai�i�g | � |
| O�ga�i�a�i�� | � |
| Re�a�ed Pa��ie� | �� |
| Ri�k Ma�age�e�� | �� |
| TRUSTEES RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS | �� |
| TREASURER�S STATEMENT | ����� |
| FINANCIAL OVERVIEW FOR THE PERIOD ENDING �� JANUARY ���� | ����� |
| INDEPENDENT EXAMINER�S REPORT ON THE ACCOUNTS | ����� |
| APPENDIX � FINANCIAL ACCOUNTS FOR YEAR ENDED �� JANUARY ���� |
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
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REPOR��OF��HE��R���EE��FOR��HE�FINANCIAL��EAR ENDED����JAN�AR������
The Trustees are pleased to present their annual report together with financial statements for the Charitable Incorporated Organisation for the year ended 31 January 2022 which are prepared in accordance with the requirements of the Charity�Commission.
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
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CHAIR�����A�EMEN�
As�we�entered�our�third�year�as�a�charity,�the�world�was�still�full�of uncertainty�due�to�the�Covid�19�pandemic�which�has�been�relentless. I�cannot�describe�in�words�how�proud�and�grateful�I�am�to�our tremendous�Directors�and�General�Manager�for�their�tenacity, ambition�and�never�say�never�attitude�to�keep�RABBLE�Theatre�alive.
I�am�delighted�to�say�that�throughout�2021,�RABBLE�Theatre�was�able to�resume�all�educational�programmes�through�a�mixture�of�online and�in�person�activities,�as�well�as�run�a�summer�season, The�La�� Abbo��� staged�outdoors�in�the�ruins�of�Ready�Abbey �a�feat�in�itself�in�England�� with�social�distancing�and�without�interruption.��Unfortunately, Who�Killed�Alfred Oli�er� ,�our�autumn�production�and�adaptation�of�last year�s�first�foray�into�radio, had�to�be�cancelled�after�just�5�shows�for�the�safety�of�everyone�due�to�members of�the�company�contracting�Covid�19,�and�thanks�to�somewhat�last�minute changes�in�restrictions�being�introduced�by�the�UK�government,�ticket�sales�for The�Sno��Q�een� our�Christmas�show,�were�significantly down�on�previous�years.
Despite�the�constantly�changing�restrictions�and�huge�uncertainty�throughout the�year,�the�positivity�shown�by�the�RABBLE�Theatre�team,�support�of�our generous�sponsors�and�wonderful�RABBLE�Rousers,��with�a�sprinkling�of�Covid�19 grants�from�the�UK�Government�distributed�by�Arts�Council�England��has�meant RABBLE�Theatre�has�been�able�to�more�than�keep�its�head�above�water.��We�ve been�able�to�employ�our�first�full�time��employee�and�are�looking�to�employ�more full�time�staff�in�the�coming�year.
While�the�pandemic�has�made�life�challenging,�it�has�given�RABBLE�Theatre pause�for�thought�and�an�opportunity�to�re�evaluate�what�is�important�to�us�and the�community�that�we�serve.��Through�the�wonderful�work�of�our�Community Associate�we�ve�been�able�to�establish�new�relationships�with�important�local community�partners�including Brighter�Futures�For Children �delivering children�s social�care,�early�help���prevention�and�educational�services�, Aspire2 �delivering rich�experiences�to�help�children�and�young�people�in�Whitley�to�realise�their aspirations,�improve�self�esteem,�develop�self�awareness,�resilience�and�have FUN�, Launchpad �a�homelessness�prevention�charity�among�others,�to�build�a picture�of�how�RABBLE�Theatre�can�contribute�to�wider�cultural�provision�thereby benefiting�our�diverse�and�rich�community�and�continuing�to�fulfil�the�Aims�we set�out�when�we�became�a�charity.
As�with�last�year,�we�said�goodbye�to�two�more�of�our�original�trustees�in�Joe Marsh�and�Nick�Barnett,�but�we�welcomed�Nick�Flintoff,�Danyl�Johnson,�Caroline Fox�and�Nick�Walker�as�new�trustees��all�of�whom�bring�a�wealth�of�knowledge and�experience�from�their�respective�industries�and�will�be�invaluable�as�RABBLE Theatre�embark�upon�the�next�phase�of�our�journey.
I�sadly�accepted�the�resignation�of�our�fantastic�treasurer,�Julie�Gregory,�who�is stepping�down�from�her�role�at�the�end�of�this�financial�year�and�handing�the reins�to�Caroline�Fox.��I�d�like�to�take�this�opportunity�to�thank�Julie�for�serving�as
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
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treasurer�for�RABBLE�Theatre�s�first�three�years.��I�truly�believe�Julie�has�played�an instrumental�role�in�guiding�RABBLE�Theatre�with�not�only�her�fiscal�expertise, but�her�dedication,�insights�and�sunny�demeanour.��I�m�pleased�to�say�although stepping�down�as�treasurer,�Julie�will�be�staying�on�as�a�board�member�for another�term.
This�is�also�the�year�that�I�offer�my�resignation�as�Chair.��It�has�been�my�honour�to serve�as�Chair�of�the�board�of�trustees�for�the�past�three�years�and�help�lead RABBLE�Theatre�as�they�navigated�the�requirements�of�becoming�a�Charitable Incorporated�Organisation��CIO�.��I�shall�remain�in�post�until�my�replacement�is appointed�and�am�delighted�to�say�I�plan�to�remain�a�member�of�the�board�for the�rest�of�my�term�to�support�the�incoming�Chair.
I�am�immensely�proud�of�the�organisation�we�have�grown�in�RABBLE�Theatre�and unreservedly�thank�everyone�who�supports�us,�by�attending�a�show,�sponsoring, partnering,�being�a�RABBLE�Rouser,�being�a�part�of�our�educational�program�or�in any�other�way.��Without�you,�we�would�not�be�RABBLE�Theatre.
Victoria�Lavery�Ball Chair�of�the�Trustees
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
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O�R�CHARI�ABLE�AIM
The�aim�of�RABBLE�Theatre�is�to�
Ad�ance�ed�ca�ion�of��he�p�blic�in��he�ar����in�par�ic�lar �hro�gh��raining�and �ork�hop��in��he�performing�ar���and��hro�gh�pro�iding�performance��for��he bene���of��he�p�blic��in�order��o�in�pire�people�of�all�age��and�backgro�nd��in Reading�and�England��o�apprecia�e�and�acce����he�performing�ar���
As�this�was�the�charity�s�inaugural�year,�it�was�all�about�shaping�our�future�and setting�off�on�the�right�path�in�accordance�with�the�RABBLE�Theatre�Constitution.
As�a�charity,�the�objectives�of�RABBLE�Theatre�can�be�described�under�the following�headings��productions,�education,�diversity�and�inclusivity,�sustainability and�solid�ground�for�the�future.
Productions
RABBLE�Theatre�provides�a�variety�of�productions�in�each�year to�benefit�the�public.��All�productions�are�for�the�education�of the�public�in�general,�giving�everyone�the�opportunity�to�learn, regardless�of�their�background,�financial�position�or�any�other factor.
RABBLE�continues�to�develop�new�ways�of�engaging�audiences,�in�particular�to engage�new�audiences�who�might not normally�attend theatre. In�2021�RABBLE welcomed�live�audiences�of�12,000��87��local,�7��from�lowest�culturally�engaged areas�,�32,000�tuned�in�to�RABBLE�s��radio�play,�and�we�engaged�a�further�50,000� online���100s�of�thousands�through�satellite�activities,�e.g.�a�two�month�Reading station�exhibit,�seen�by�1.3�million�people..�RABBLE�evaluated�and�responded�to audience�participant�and�freelancer�data,�feedback,�questionnaires�and financial�statistical�info.�96��of�the�audience�rated�our�work�4�or�5���5.
�RABBLE�ha��re�a�oken�in�ere���in�Reading���heri�age���i��e��abli�hing�Reading a��a�c�l��ral�de��ina�ion�� Exec.�Dir.�Reading�UK CIC.
Looking�forward�to�2022�RABBLE�are�committed�to�setting�up�a�Cultural Programming�Sub�Committee. For�all�of�RABBLE�s�work to�be�consistently accessible���relevant�we�need�to�meticulously�record�the�impact�of�our�work�on our�beneficiaries���to�analyse�how�we�are�perceived�by�diverse�communities. Success�is�our�cultural�programming�serving�the�community�s�wants�and�needs.
Education
RABBLE�s�education�programme�is�a�leading�force�for�change, offering�arts�pathways�to�under�represented�children�and�adults, alongside�established�theatre�going�families.�We�invest�in accessible�long�term�strategies�to�nurture�theatre�makers, generate�employment��143�freelancers�in�2021�,�drive�the nighttime�economy�and�create�innovative�engagement programmes�and�participation�support�for�all.
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
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RABBLE�offers�term�time�classes,�work�experience�and�regular�workshops�to individuals,�schools�and�the�public�in�order�to�educate�and�inspire.��Through affordable�pricing�and�by�offering�many�free�opportunities�through�RABBLE�s access�fund,�no�one�is�excluded�from�our�education�department.
�Yo�r�profe��ionali�m��e�per�i�e���all�ro�nd��horo�gh�decenc��ha��been�m�ch apprecia�ed��The�perfec���ork�hop�e�perience�� Head, Reading�School.�2021
Throughout�2021�RABBLE�engaged�511�participants��82��non�white��per�week�in 1475�classes,�24�work�experiences,�132�free�workshop�places�and�gave�621�free tickets�for�low�engagement�schools.�In�lockdown,�we�provided�730�hours�of�zoom workshops.
RABBLE�Young�Company�is�led�by�professionals�with�SEND�training�who�nurture 8�18yrs�in�all�aspects�of�professional�theatre���self�confidence.�Looking�forward�we are�planning�to�fully�fund�five�students�from�lowest�arts�engagement�areas�in 2021�and�fifteen�by�Sept�2022.
Get�Up�On�Stage�community�adult�acting�school�is�a�thriving�cultural�space, integral�to�our�employment�pipeline.�In�2021�seventy�two�places�were�filled�with 32��ethnic�diversity,�aged�18�81.
Diversit��and�Inclusivit�
RABBLE�will�continue�to�develop�new�ways�of�engaging�a�diverse�range�of beneficiaries��audience�members,�participants,��actors�and�theatre�creatives�who reflect�the�wide�ranging�community�that�we�call�home�in�Reading�and�are passionate�about�the�aims�of�the�charity.
One�of�our�core�values�is�inclusivity�and�access�for�all.�Reading�is�33��global majority,�so�RABBLE�has�a�33��global�majority�employment�policy�and�is committed�to�improving�the�diversity�of�audiences���beneficiaries.�Three�of�our team�came�through�our�pipeline,�established�in�2012���we�unswervingly�nurture the�young��in�2021�six�of�our�beneficiaries�gained�places�at�drama�schools,�were offered�agents�or�prestigious�jobs�in�the�industry,�including�Caleb�Obediah��work experience���Bridgerton�,�Annie�Kershaw��Intern���Young�Vic�,�Oli�Dench��Intern�� Nickelodeon�.
�RABBLE�prod�ce��orld�cla���comm�ni���ed�ca�ion�projec����ha��bene�� e�er�one�� Sir�John�Madejski.
We�ve�a�ten�year�record�of�inclusive�work,�for�example�our�gender�flipped Macbeth�was�hailed�the��best�production�of�the�play�I�ve�seen��by�Terry�Adams, ACE��Hansel���Gretel�focused�on�neurodivergence���in�2021�The�Snow�Queen championed�a�non�binary�lead.
We�insist�on�gender�and�diversity�balance.��2021�casts�were�47��mixed�ethnicity, 27��identified�as�LGBTQ���and�51��were�women.�Our�website,�job�specs���policies
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
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guarantee�equality�of�access�and�ten�years�ago,�we�committed�to�all�shows�in public,�wheelchair�venues,�relaxed�performances,�BSL,�discounts,�Pay�What�You Want�Night,��10�Tuesdays,�Q�As���career�pipeline.�In�2021�we�included�our�first touch�tours.
We�have�also�been�exploring�the�opportunity�to�apply�our�vision�of�building�a place�where�all�people�are�proud�to�say,��This�is�my�home,��to�nearby�Slough���in 2021�began�partnering�with�Britwell�Youth,�funding�15�children�to�The�Snow Queen.�Following�meetings�with�7�Slough�groups��incl�HOME���Council�,�we�have identified�2�partner�projects�to�improve�inclusivity���cohesion.
RABBLE�have�committed�to�setting�up�an�Inclusivity�and�Relevance Sub�committee�in�order�to�reach�out to�new�communities and�break�down barriers,�so�that�people�have�better�lives�and�are�proud�of�where�they�come�from. Success�is�detailed�data�showing�more�creative�people�with�autonomy.�It�s�about meeting�new�people,�making�new�friends���empowering�our�community�to�lead our�work.
Sustainabilit�
In�2021�we�began�identifying�opportunities�to�improve�the�way�we�measure�and report�upon�sustainability�and�are�acting�on�guidance�from�consultants�to improve�our�policies�and�to�set�targets�in�order�to�become�a�leading�force�for change�in�the�way�sustainable�theatre�and�education�programmes�are�produced in�Reading�and�beyond.
Building�on�this�work�RABBLE�is�committed�to�setting�up�a�Sustainability Sub�Committee�made�up�of�trustees�and�industry�professionals�in�order�to�form an�action�plan,�and�to�create�three�strategies�focusing�on�Productions,�Education and�General�Activities. RABBLE,�as�a�leading�force in�sustainable�practice,�will educate�our�team�in�environmentally�responsible�cultural�activity�and�inspire�our community,�especially�our�young�people�to�make�positive�changes.�Policies�set targets,�but�success�is�also�sharing�resources�and�knowledge,�supporting�the cultural�sector�in�our�region.
Solid�Ground�for�the�Future
RABBLE�Theatre�relies�on�donations,�grants,�sponsorship,�earned�income�and�the generosity�of�the�public�to�cover�both�production�and�operating�costs.��It�is important�we�develop�income�streams,�invest�appropriately�into�our�physical infrastructure�and�operate�responsibly�to�run�at�a�small�surplus�and�build�up�an operating�reserve.
RABBLE�guarantees�fair�pay�for�all.�Fees�are�based�on�ITC,�BECTU,�SMA,�ALPD. Interns�are�paid�at�least�minimum�wage.�Comprehensive�Policies,�weekly check�ins,�360�degree�review�and�monthly�peer�to�peer�support�ensures�our�team is�heard,�cared�for�and�valued.
In�2021,�we�began�moving�many�of�our�core�team�from�self�employed�to employed,�expanded�the�diversity�and�skills�of�our�board,�invested�in�our�finance
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
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system�and�team�and�implemented�advice�from�arts�consultants.�We�doubled turnover�in�12�months,�have�a�strong�record�of�income�generation,�project�delivery and�earned�income�from�productions.�We�are�aiming�to�diversify�funding approaches��2022�plan��Fundraising�10�,�Grants�47�,�Production�income�31�, Education�Income�10�,�Other�2���and�increase�support�from�grant�makers, businesses�and�individuals��153�monthly�donors��each�year.�At�The�Last�Abbot�2021 we�achieved��16,855�of�in�kind�support�and�raised�almost��10,000�in�donations�for our�Find�a�Home�campaign.
RABBLE�are�committed�to�establishing�a�Finance,�Audit�and�Risk�Sub�committee to�grow�the�business�model�and�strengthen�our�strategy�to�ensure�a�flexible, rigorous,�interdependent�business. Driven�by�a�dynamic team�of�ambitious creatives,�we�will�develop�robust�systems,�embed�technology,�review�and�develop new�policies,�and�strengthen�our�business�model.�Success�will�be�measured through�increased�engagement�figures,�new�partnerships,�secure�financial statements�and�a�happy�team.
In�2021�RABBLE�put�in�a�tender�bid�on�a�building�in�Caversham�Court�Gardens called�the�Stables.�A�successful�outcome�in�2022�will�provide�Reading�with�a much�needed�community�hub�for�the�Arts.
REFERENCE�AND�ADMINI��RA�I�E�DE�AIL�
Charity�Number� 1179903 Registered�address� RABBLE�Theatre,�Caversham�Court�Stables,�Church Road,�RG47AD
The�trustees�of�the�Charitable�Incorporated�Organisation��RABBLE�Theatre��are trustees�for�the�purposes�of�charity�law.��The�trustees�serving�during�the�year�and since�the�year�end�were�
RABBLE�Theatre�Chair� Victoria�Lavery�Ball Deputy�chair� Kirsti�Wilson Treasurer� Julie�Gregory Trustees� Madeleine�Brain Jules�James Nick�Flintoff Danyl�Johnson Caroline�Fox Nick�Walker
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
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��R�C��RE��GO�ERNANCE�AND�MANAGEMEN�
Governing�Document
RABBLE�Theatre�is�governed�by�its�Constitution�dated�12�September�2018.��It�is registered�as�a�Charitable�Incorporated�Organisation�with�the�Charity Commission.
Appointment�of�Trustees
In�accordance�with�the�Constitution,�apart�from�the�first�charity�trustees,�every trustee�must�be�appointed�for�a�term�of�three�years�by�a�resolution�passed�at�a properly�convened�meeting�of�the�charity�trustees.��In�selecting�individuals�for appointment�as�charity�trustees,�the�charity�trustees�must�have�regard�to�the skills,�knowledge�and�experience�needed�for�the�effective�administration�of�the charity.
Trustee�Induction�and�Training
In�accordance�with�the�Constitution,�the�trustees�will�make�available�to�each�new trustee,�on�or�before�his�or�her�first�appointment���a��a�copy�of�the�current�version of�this�constitution��and��b��a�copy�of�the�CIO�s�latest�Trustees��Annual�Report�and statement�of�accounts.
Organisation
The�board�of�trustees,�which�must�have�a�minimum�of�3�members,�administers the�charity.��The�board�meets�quarterly�and�there�are�subcommittees�covering finances�and�development.��An�Operations�team�has�been�appointed�by�the trustees�to�manage�the�day�to�day�running�of�the�charity.��The�Operations�team consists�of�
Co�Artistic�Director��Dani�Da�ies
Responsible�for�the�day�to�day�running�of�the�RABBLE�Theatre and�all�its�operations.�Working�closely�with�the�Artistic�Director to�plan�and�implement�strategies�for�future�growth.�Other responsibilities�include�but�are�not�limited�to��finances, production�and�education�budgets.
Co�Artistic�Director��Tob��Da�ies
Responsibilities�include�overseeing�all�aspects�of�the�artistic production,�including,�but�not�limited�to��assessing�and�selecting the�performances�that�will�be�shown,�recruiting�actors�and performers,�setting�production�schedules,�marketing�and community�engagement.
General�Manager��Emma�La�rence
Responsibilities�include�but�are�not�limited�to�overseeing�the administration�for�productions,�all�elements�of�education�and operational�management.
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
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Ed�cation�Of�cer��Lo�ise�Gilmo�r
Responsibilities�include�building�the�audiences�of�the�future�for RABBLE�Theatre.
Comm�nit��Associate��Natasha�Marks
Responsibilities�include�reaching�out�to�community�groups,�forging�new partnerships�and�setting�up�projects�that�reach�new�communities.
Compan��Stage�Manager��Rebecca�Welb�rn
Responsibilities�include�managing�production�teams,�actors�and�liaising�between departments�to�ensure�the�smooth�running�of�all�artistic�output.
Bookkeeper��Ania�Haskins
Related�Parties
None�of�the�trustees�receive�remuneration�or�other�benefit�for�their�work�with�the charity.��Any�connection�between�a�trustee�or�senior�manager�of�the�charity�with�a production�company,�actor,�performer,�exhibitor�must�be�disclosed�to�the�full board�of�trustees�in�the�same�way�as�a�relationship�with�any�other�contractual relationship�with�a�related�party.��In�the�current�year,�no�such�relationships�were declared.
The�charity�has�a�close�relationship�with�Reading�Between�the�Lines��RBL��Theatre Company,�an�established�theatre�company�set�up�in�Reading�in�2012.��It�is�a company�limited�by�guarantee,�and�directors�Dani�Davies�and�Toby�Davies�have been�running�the�company�for�the�last�6�years.��The�company�is�very�successful, funding�its�work�through�Reading�Borough�Council,�Arts�Council�England,�The Wellcome�Centre,�The�Earley�Charity,�local�businesses�and�individual�donors.��Over time,�RBL�Theatre�Company�will�transfer�its�assets,�including�name�and�goodwill, to�RABBLE�Theatre�and�we,�the�trustees,�will�continue�the�work�that�RBL�Theatre Company�has�started.
Risk�Management
The�Trustees�have�a�risk�management�strategy�which�comprises�
-
An�annual�review�of�risks�the�charity�may�encounter
-
The�establishment�of�procedures�to�mitigate�those�risks
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A�plan�to�implement�those�procedures�should�those�risks�materialise
The�use�of�this�strategy�has�identified�the�primary�risks�to�the�charity�are�financial stability�and�the�lack�of�a�dedicated�rehearsal�performance�space.��The�key elements�to�mitigate�these�risks�are�sufficient�working�capital�to�be�maintained�in the�charity�and�working�with�other�local�organisations�to�find�a��home�.
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
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elements�to�mitigate�these�risks�are�sufficient�working�capital�to�be�maintained�in the�charity�and�working�with�other�local�organisations�to�find�a��home�.
�R���EE��RE�PON�IBILI�IE��IN�RELA�ION��O�FINANCIAL ��A�EMEN��
The�charity�trustees�are�responsible�for�preparing�the�trustees��annual�report�and preparing�financial�statements�in�accordance�with�applicable�law�and�United Kingdom�Accounting�Standards��United�Kingdom�Generally�Accepted Accounting�Practice�.
The�law�applicable�to�charities�in�England�and�Wales�requires�the�charity�trustees to�prepare�financial�statements�that�give�a�true�and�fair�view�of�the�state�of�affairs of�the�charitable�organisation.��The�trustees�are�responsible�for�keeping�proper accounting�records�that�disclose�with�reasonable�accuracy�at�any�time�the financial�position�of�the�charity�to�ensure�they�comply�with�the�Charities�Act�1993, the�Charity��Accounts�and�Regulations��2008�and�the�Constitution.��They�are�also responsible�for�safeguarding�the�assets�of�the�charity�and�take�reasonable�steps for�the�prevention�and�detection�of�fraud�and�other�irregularities.
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
11
�REA��RER�����A�EMEN�
A�year�that�started�in�the�middle�of�another�lockdown�ended�on�a much�brighter�note.�Whilst�much�of�the�forecast�had�to�be adjusted��creativity�and�innovation�continued�to�drive�forward�the productions,�training�and�education�programmes�of�the�charity.
All�of�this�was�made�possible�by�the�dedication�of�the�team,�and the�loyalty�and�generosity�of�all�our�patrons,�donors,�and�corporate sponsors,�who�continue�to�ensure�the�charity�continues�to succeed.
This�will�be�my�last�statement�as�treasurer�as�I�step�down�from�the�role�having held�the�position�for�the�last�three�years.��It�has�been�a�privilege�to�have�been treasurer�since�RABBLE�Theatre�became�a�CIO�and�I�m�delighted�to�hand�over�to Caroline�Fox�to�lead�RABBLE�Theatre�financially�into�the�next�phase.��I�m�pleased to�say,�however,�that�I�shall�remain�on�the�board�as�a�trustee�for�another�term.
This�year�s�financial�report�has�been�prepared�on�an�accrual�basis,�in�accordance with�the�2008�Regulations�and�the�SORP.�The�financial�accounts�were�approved by�the�Board�of�Trustees�on�8th�July�2022�and�have�been�externally�verified�by�an independent�examiner.
Julie�Gregory Treasurer
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
12
FINANCIAL�O�ER�IE��FOR��HE�PERIOD�ENDING��� JAN�AR������
These�accounts�should�be�read�alongside�the�RABBLE�Theatre�Statement�of Financial�Activities�and�Balance�Sheet.
| TotalNetIncome TotalExpenditure Lessdepreciation IncomelessExpenditure |
�345,369 ��355,401 ��1,313 ��11,345 |
|---|---|
-
Depreciation�policy�was�implemented�this�year,�in�light�of�the�assets purchased.
-
Covid�19�continued�to�have�an�impact�on�all�three�productions�this�year, resulting�in�socially�distanced�seating�plans,�reduced�ticket�sales�and�the cancellation�of�shows.
-
Advanced�tickets�purchases�for�the�cancelled�performances�of�WKAO�were offered�either�a�refund�or�to�donate�their�ticket�to�the�charity.�Whilst�some refunds�were�requested�and�some�tickets�given�as�a�donation,�a�large number�have�not�been�in�contact.�Therefore,�monies�are�being�held�back�in the�Paypal�account�in�case�of�further�requests.
-
Restricted�funds��There�are�no�donations�grants�with�restricted�use�at�the year�end���however�two�new�funds�have�been�classified�as��designated��
-
a. Find�a�home�campaign���the�stables�fund���9.5K��for�legal�capital costs�not�rent
-
b. Access�Fund���5K����previously�the�Crowdfunder�Hardship�Fund �AVIVA�,�the�Good�Exchange�Grant�and�the�Greenham�Grant.�This fund�is�used�to�support�the�local�community�in�gaining�access�to�the training�and�education�programmes�RABBLE�offer,�when�they normally�wouldn�t�be�able�to�afford�such�training.
-
The�Head�Partnership�and�Macbeth�Insurers�continued�to�kindly�support RABBLE�as�sponsors.�With�fundraising�and�donations�seeing�a�significant increase�in�income.
-
Main�grants�were�received�from�ACE�and�Postcode�Lottery�along�with�a significant�COVID�Recovery�Grant.
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
13
- Ongoing�staff�costs�were�incurred�during�the�year,�with�four�new�posts being�introduced.��This�included�a�Company�Stage�Manager,�Social�Media Officer,�Education�Officer�and�Community�Engagement�Officer.�Since October�2021�one�member�of�staff�became�a�RABBLE�Theatre�employee.
The�Charity�funds�as�at�31�January�2022�are�represented�by�
Net�Assets�
| NetAssets� | |
|---|---|
| CashatBank | �20,307 |
| Debtors�inc�prepaidexpenses��32,528 | |
| Fixedassets | �9,197 |
| �62,032 | |
| C�rrentLiabilities� | |
| Creditors | �206 |
| AdvancedIncome | �8,857 |
| Accruals | �2,426 |
| �11,489 | |
| Charit�F�nds� | |
| DesignatedFunds | �14,791 |
| RetainedEarning | �47,097 |
| Surplus21�22 | ��11,345 |
| �50,543 |
Ca�h�a��bank�incl�de��
-
Advance�income�relating�to�2022�Spring�Term�fees�for�education�courses.
-
Paypal�funds
Deb�or��incl�de�
-
COVID�Recovery�Grant���21.7K�
-
ACE�Grant�for�LA���4K� this�was�received�10�02�2022
-
Snow�Queen���1.5K�
-
� Prepaid�expenses���website,�insurance,�school�hall�hire
Fi�ed�a��e���incl�de�
-
Equipment�purchased�for�productions�such�as�speakers,�chairs, microphones,�gazebo
-
Depreciation�has�been�calculated�over�an�8�year�period
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
14
Credi�or����Accr�al��incl�de��
-
Advance�income�relating�to�2022�Spring�Term�fees�for�education�courses.
-
Invoices�still�to�be�paid
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
15
I���������� ��������'� ������ �� ��� ��������
I���������� E��������� R�����
R����� �� ��� ��������/ R����� ������� ������� �� O� �������� ��� ��� 31 J������ 2022 C������ 1179903 ���� ����� �� (�� ���) S�� ��� �� ��� A������� P����1 �� 10 �� ����� I �e���� �� �he �����ee� �� �� e�a�i�a�i�� �f �he acc����� �f �he ab��e cha�i�� (��he T�����) f�� �he �ea� e�ded 31/01/22. R��������������� ��� A� �he cha�i��'� �����ee�, ��� a�e �e�����ib�e f�� �he ��e�a�a�i�� �f �he ����� �� ������ acc����� i� acc��da�ce �i�h �he �e��i�e�e��� �f �he Cha�i�ie� Ac� 2011 (��he Ac��). I �e���� i� �e��ec� �f �� e�a�i�a�i�� �f �he T������ acc����� ca��ied ��� ��de� �ec�i�� 145 �f �he 2011 Ac� a�d i� ca���i�g ��� �� e�a�i�a�i��, I ha�e f�����ed a�� �he a���icab�e Di�ec�i��� gi�e� b� �he Cha�i�� C���i��i�� ��de� �ec�i�� 145(5)(b) �f �he Ac�.
I���������� I ha�e c����e�ed �� e�a�i�a�i��. I c��fi�� �ha� �� �a�e�ia� �a��e�� ha�e ��������'� ��������� c��e �� �� a��e��i�� i� c���ec�i�� �i�h �he e�a�i�a�i�� �hich gi�e� �e ca��e �� be�ie�e �ha� i�, a�� �a�e�ia� �e��ec�:
-
�he acc����i�g �ec��d� �e�e ��� ke�� i� acc��da�ce �i�h �ec�i�� 130 �f �he Cha�i�ie� Ac�; ��
-
�he acc����� did ��� acc��d �i�h �he acc����i�g �ec��d�; ��
-
�he acc����� did ��� c����� �i�h �he a���icab�e �e��i�e�e��� c��ce��i�g �he f��� a�d c���e�� �f acc����� �e� ��� i� �he Cha�i�ie� (Acc����� a�d Re�����) Reg��a�i��� 2008 ��he� �ha� a��
-
�e��i�e�e�� �ha� �he acc����� gi�e a ����e a�d fai�� �ie� �hich i� ��� a �a��e� c���ide�ed a� �a�� �f a� i�de�e�de�� e�a�i�a�i��.
I ha�e �� c��ce��� a�d ha�e c��e ac���� �� ��he� �a��e�� i� c���ec�i�� �i�h �he e�a�i�a�i�� �� �hich a��e��i�� �h���d be d�a�� i� �hi� �e���� i� ��de� �� e�ab�e a ����e� ��de���a�di�g �f �he acc����� �� be �eached.
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S�����:
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RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
16
N���: N��� A������ R������� ������������ FCA. I�������� �� C�������� A���������� �� E������ ��� ����� �������������(�) �� ���� (�� ���): C������� T�� R������ L��, R��� F14A, F���� F����, B����� A����, A���� A�������, H������, B�����,BL6 6LB A������:
RABBLE�Theatre�Annual�Report�for�the�year�ended�31�January�2022
17
A��e�d�� : F��a�c�a� Acc����� f�� Yea� E�ded 31 Ja��a�� 2022
RABBLE THEATRE
STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 JANUARY 2022
| 2022 | 2022 | 2022 | 2022 | 2021 | ||
|---|---|---|---|---|---|---|
| Unrestricted funds |
Designated funds |
Restricted funds |
Total funds | Total funds | ||
| £ | £ | £ | £ | £ | ||
| Income from: | Note | |||||
| Donations and grants | 2 | 144,576 | 15,341 | 31,309 | 191,226 | 146,295 |
| Charitable activities | 3 | 145,107 | - | - | 145,107 | 23,158 |
| Other income | 4 | 9,036 | - | - | 9,036 | 4,000 |
| Total income | 298,719 | 15,341 | 31,309 | 345,369 | 173,453 | |
| Expenditure: | ||||||
| Expenditure on | ||||||
| charitable activities | 5 | 227,984 | 550 | 66,400 | 294,934 | 66,987 |
| Raising funds | 6 | 1,100 | - | - | 1,100 | 1,461 |
| Other | 7 | 60,680 | - | - | 60,680 | 48,294 |
| Total expenditure | 289,764 | 550 | 66,400 | 356,714 | 116,742 | |
| Net income | ||||||
| /(expenditure) for the | 8,955 | 14,791 | (35,091) | (11,345) | 56,711 | |
| year | ||||||
| Net movement in | ||||||
| funds in the year | 8,955 | 14,791 | (35,091) | (11,345) | 56,711 | |
| Reconciliation of funds: | ||||||
| Total funds brought | ||||||
| forward | 26,797 | - | 35,091 | 61,888 | 5,177 | |
| Total funds carried | ||||||
| forward | 35,752 | 14,791 | - | 50,543 | 61,888 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
1
RABBLE THEATRE
BALANCE SHEET AS AT 31 JANUARY 2022
| 2022 Note £ Unrestricted funds £ Designated funds Fixed assets Tangible assets 8 9,197 - Current assets Debtors 9 32,528 - Cash at bank and in hand 5,516 14,791 Total Current Assets 38,044 14,791 Creditors: amounts falling due within one year 10 11,489 - Net current assets 26,555 14,791 Net assets 35,752 14,791 Funds of the charity: Unrestricted income funds 11 35,752 - Designated funds 12 - 14,791 Restricted income funds 13 - - Total charity funds 35,752 14,791 |
2021 £ Total funds £ Total funds 9,197 - 32,528 9,751 20,307 66,650 52,835 76,401 11,489 14,513 41,346 61,888 50,543 61,888 35,752 26,797 14,791 - - 35,091 50,543 61,888 |
|---|---|
These financial statements were approved by the trustees and authorised for issue on 8 July 2022, and are signed on behalf of the board by:
Julie Gregory
Trustee
The notes on pages 3 to 10 form part of these accounts
2
RABBLE THEATRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 January 2022
1. Accounting Policies
General information
Rabble Theatre is a charitable incorporated organisation registered with the Charity Commission in England & Wales. The office address is 153 Bourne Road, Pangbourne, Reading, RG8 7JT.
1.1 Accounting convention
These financial statements have been prepared in accordance with the cha�i���� constitution, the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
At the date of approval of the accounts, the trustees are aware of the potential impact on the charity of Covid-19. The trustees have actively taken and continue to take all reasonable steps to mitigate any impact the virus may have on the charity.
1.3 Public benefit entity
The charity meets the definition of a public benefit entity under FRS 102.
1.4 Fund accounting
Unrestricted funds are funds that can be used in accordance with the objectives of the charity at the discretion of the trustees.
Restricted funds are funds that can only be used for particular restricted purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds are set aside by the trustees, as a part of unrestricted funds, to be used for particular future projects.
3
RABBLE THEATRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 January 2022
1.5 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
For donations to be recognised the charity will have been notified of the amounts. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained, then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.
Income f�om go�e�nmen� and o�he� g�an��, �he�he� �capi�al g�an�� o� �e�en�e g�an���, a�e recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received, and the amount can be measured reliably and is not deferred. Where a grant is received for a specific purpose, it is included in restricted income and any unexpended portion carried forward as a restricted fund.
1.6 Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required, and the amount of the obligation can be measured reliably. All expenditure was incurred in carrying out the charitable activity of the charity, including the costs of operating.
The charity is not registered for VAT and therefore all expenditure is recorded inclusive of VAT.
There were no employees during the year (2021 Nil)
Taxation
The charity is exempt from corporation tax on its charitable activities. The charity is not registered for VAT.
1.7 Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a straight line basis over its expected useful life as follows:
Fixtures, fittings and equipment 8 years
1.8 Basic financial instruments
The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 FRS 102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS 102 SORP.
4
RABBLE THEATRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 January 2022
2. Donations and grants
| 2022 2022 2022 £ £ £ Unrestricted Designated Restricted funds funds funds Donations 17,076 15,341 - Grants 127,500 - 31,309 144,576 15,341 31,309 |
Total 2022 £ 30,842 160,384 191,226 |
Total 2021 £ 55,945 90,350 146,295 |
|---|---|---|
The following government grants were received:
Arts Council England £127,500 (2021, £80,000). These funds were received as part of the Culture Recovery fund
Postcode Lottery £19,810 (2021, £NIL). These funds supported specific charitable production and education projects
Reading Borough Council £NIL (2021, £8,350). These funds were provided as a Covid recovery grant.
3. Income from charitable activities
| Production income Education income |
Total 2022 £ 111,693 33,414 145,107 |
Total 2021 £ 23,158 - 23,158 |
|---|---|---|
4. Other income
| Sponsors TTR claim Sundry income |
Total 2022 £ 2,667 4,829 1,540 9,036 |
Total 2021 £ 4,000 - - 4,000 |
|---|---|---|
5
RABBLE THEATRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 January 2022
5. Expenditure on charitable activities
| Total 2022 2022 2022 2022 £ £ £ £ Unrestricted funds Designated funds Restricted funds Production expenditure 160,180 - 57,150 217,330 Education expenditure 23,858 550 3,000 27,408 Staff costs 43,946 - 6,250 50,196 227,984 550 66,400 294,934 |
Total 2021 £ 30,515 12,622 23,850 |
|---|---|
| 66,987 |
6. Expenditure on fundraising
| Staff costs | Total 2022 £ 1,100 |
Total 2021 £ 1,461 |
|---|---|---|
7. Support and Governance costs
| Support costs Governance costs £ £ Staff costs 48,400 - Utilities (88) - Website 2,102 - Depreciation 1,313 - Sundry 8,353 600 60,080 600 |
Total 2022 Support costs Governance costs £ £ £ 48,400 36,453 - (88) 4,316 - 2,102 4,994 - 1,313 - - 8,953 1,931 600 60,680 47,694 600 |
Total 2021 £ 36,453 4,316 4,994 - 2,531 |
|---|---|---|
48,294 |
6
RABBLE THEATRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 January 2022
8. Tangible fixed assets
| Furniture and equipment Cost £ At 1 February 2021 - Additions 10,511 At 31 January 2022 10.511 Depreciation At 1 February 2021 - Depreciation 1,313 At 31 January 2022 1,313 Net book value At 1 February 2021 - At 31 January 2022 9,197 |
Total £ - 10,511 10,511 - 1,313 1,313 - 9,197 |
|---|---|
9. Debtors
| Trade debtors Prepayments |
2022 £ 28,016 4,512 32,528 |
2021 £ 7,791 1,780 |
|---|---|---|
9,751 |
10. Creditors: amounts falling due within one year
| Trade creditors Accruals and deferred income |
2022 £ 206 11,283 11,489 |
2021 £ 1,976 12,537 14,513 |
|---|---|---|
7
RABBLE THEATRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 January 2022
11. Unrestricted funds
The�e a�e �he �n�e���ic�ed f�nd� �hich a�e ma�e�ial �o �he cha�i���� ac�i�i�ie�� and a�e made �p a� follo�� :
| Balance at | Incoming | Resources | Transfers | Balance at 31 | |
|---|---|---|---|---|---|
| 1 February | resources | expended | January 2022 | ||
| 2021 | |||||
| £ | £ | £ | £ | £ | |
| Unrestricted Fund | |||||
| - General | 26,797 | 298,719 | (289,764) | - | 35,752 |
| For the year ended 31 | January 2021 | ||||
| Balance at | Incoming | Resources | Transfers | Balance at 31 | |
| 1 February | resources | expended | January 2021 | ||
| 2020 | |||||
| £ | £ | £ | £ | £ | |
| Unrestricted Fund - | |||||
| General | 5,177 | 138,362 | (116,742) | - | 26,797 |
For the year ended 31 January 2021
Unrestricted funds comprise income granted or donated to or earned by the charity to be used at the discretion of the trustees to fund any activity in f���he�ance of �he cha�i���� objec�i�e��
12. Designated funds
Designated funds are set aside by the trustees, as a part of unrestricted funds, to be used for the following future projects.
| Balance at 1 February2021 |
Incoming resources |
Resources expended |
Balance at 31 January2022 |
|
|---|---|---|---|---|
| Access fund(1) | - | 5,773 | (550) | 5,223 |
| Find a home fund(2) | - | 9,568 | - | 9,568 |
| Total | - | 15,341 | (550) | 14,791 |
8
RABBLE THEATRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 January 2022
-
(1) The Access fund supports the needs of individuals looking to access workshops and tickets to productions and funding for places at the Young Company.
-
(2) The Find a home fund will support the capital costs of a move to new premises.
There were no designated funds in the previous year.
13. Restricted funds
These are the restricted funds which are material to the cha�i���� activities and are held in the current year for specific purposes. They are made up as follows:
| Balance at 1 February2021 |
Incoming resources |
Resources expended |
Balance at 31 January2022 |
|
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Core support fund | 20,000 | - | (20,000) | - |
| Specific production expenditure fund |
5,040 | 22,059 | (27,099) | - |
| Specific education expenditure fund |
- | 3,000 | (3,000) | - |
| General production contingencyfund |
10,051 | - | (10,051) | |
| Support funding for staff posts(1) |
- | 6,250 | (6,250) | - |
| Total | 35,091 | 31,309 | (66,400) | - |
- (1) Funding for Education and Community Engagement Officers
The�e a�e �he �e���ic�ed f�nd� �hich a�e ma�e�ial �o �he cha�i���� ac�i�i�ie� and a�e held in �he previous year for specific purposes. They are made up as follows:
| Balance at 1 February2020 |
Incoming resources |
Resources expended |
Balance at 31 January2021 |
|
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Core support fund | - | 20,000 | - | 20,000 |
| Specific production expenditure fund |
- | 5,040 | - | 5,040 |
| General production contingencyfund |
- | 10,051 | - | 10,051 |
| Total | - | 35,091 | 35,091 |
9
RABBLE THEATRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 January 2022
14. Trustees
No trustee received remuneration for their services as a trustee during the year (2021, Nil) nor were any expenses reimbursed.
15. Related party transactions
Reading Between the Lines Ltd, a company owned by the Executive and Artistic Directors of the charity, provided £10,051 for contingency funding in 2021. During the year this fund was expended with a nil balance at 31 January 2022
10