2022-08-31-accounts - White City Theatre Project CIO

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					SORP reference
Summary		ofthe purposes		of	Para 1.17	The purpose ofthe charitable company as
the charity as set out governing document			in its			set out in the governing documents continues to be: 'TO PROMOTE, IMPROVE, DEVELOP
						AND MAINTAIN PUBLIC EDUCATION
						AND THE APPRECIATION OF THEATRE,
						DRAMA AND THE PERFORMING ARTS
						IN ALL ITSASPECTS BY,BUT NOT
						LIMITED TO:
						1. THE PREPARATION AND
						PRESENTATION OF THEATRE
						AND MUSIC THEATRE
						PERFORMANCES BYPRIMARILY,
						BUT NOT EXCLUSIVELY,
						DISADVANTAGED CHILDREN
						AND YOUNG PEOPLE:
						2. THE PROVISION OF THEATRE,
						DRAMA, PERFORMING ARTS
						AND DRAMA THERAPY
						WORKSHOPS FOR CHILDREN,
						YOUNG PEOPLE AND ADULTS.
Summary activities		ofthe main in relation to those			Para 1.17and 1.19	To connect young people, who would not normally have any access to contemporary
purposes		for the public				theatre.
benefit,	in particular,		the
activities,		projects or				To deliver regular, high quality drama
services		identified in	the			workshops for young people in an
accounts.						underserved community, raising aspirations
						and enhancing their social and personal
						development.
						To create a sense of belonging and foster
						positive relationships between young people
						and their community through an active
						membership programme, utilising
						background in both professional theatre and
						drama thera

			Todevelop partnership work with other	local
			schools and the community
			using drama and drama therapy to support
			well-being and enhance the pastoral	care
			young people are receiving.
			To provide a volunteer scheme for members
			aged 18 plus, providing training	and
			encouraging them to take responsibility,	get
			involved in the running of the activities	and
			supporting the younger children.
			To encourage WCYT members to	look
			beyond their immediate surroundings	and,
			through the charity's links with the theatre
			industry and drama schools, to provide them
			with opportunities to further their education
			and gain work experience, ofien leading to
			employment.
		Para 1.18
Statement	confirming		The Trustees of the White City Theatre
whether the bustees have			Project aflirm that they have taken	into
had regard	to the guidance		account the guidance provided by	the
issued by the Charity			Charity Commission on 'public benefit' when
Commission	on public		making decisions and regularly review	the
benefit			organisation's aims and objectives.

					positive role models while also exploring
					their own potential and acquiring invaluable
					life skills. Their contributions are highly
					valued, and they form an integral part ofthe
					youth theatre community.
					At White City Theatre Project (WCTP), we
					prioritise the safety of children, providing
					both online and onsite Child Protection
					training.
					We also offer training and support to assist
					our members in pursuing further education,
					such ascollege, university, ordrama school,
					as well as various work opportunities.
Achieve	men	ts	and Performance
				SORP reference
Summary	ofthe main				White City Theatre ProJect gNCTP) is an
achievements identifying the		ofthe charity, dfiference the		Para 1.20	established charity in West London who believe in the therapeutic and healing power
charity's	work	has made to			of the arts and their ability to bring young
the circumstances			of its		people together with a common purpose.
beneficiaries and			any wider		They unite communities through drama,
benefits to society as a whole.					break down bamers, and help young people to develop lasting and transferable skills. '
					The organisation places emphasis on
					accessibility and availability for all.
					White City Youth Theatre fWCYT) serves
					as the cornerstone of our organisation,
					providing a regular, safe and welcoming
					space for young people to engage in
					theatrical activities. As part of our
					commitment to accessibility, all youth
					theatre activities are offered free ofcharge.
					By removing financial bamers, we ensure
					that every young person, regardless oftheir
					economic background, can participate and
					benefit from the transformafive power of
					drama. WCYT continues to flourish,
					providing a nurturing environment for
					creative expression, personal growth, and
					the development oflasting connections.
					Outreach Community Projects
					In line with our mission to engage the wider
					community, WCTP collaborates with local
					theatres and schools to deliver outreach
					community projects. These initiatives aim to
					extend the benefits of drama beyond our
					immediate outh theatre artici nts,

					managed its resources during the given
					period.
Statement explaining		the		Para 122
policy for holding reserves
stating	why they are	held			The White City Theatre Project has a policy
					in place for holding reserves, and the
					trustees' objective isto maintain free
					reserves in unrestricted funds at a level
					equivalent to approximately three months
					ofunrestricted charitable expenditure. The
					purpose of holding reserves at this level is
					toensure that the organisation has
					sufficient funds available to address various
					needs and contingencies.
					One of the primary reasons for maintaining
					reserves is to respond to applications for
					grants. By having a suflicient level of
					reserves, the charity can allocate funds to
					support grant requests and fulfill its mission
					of providing financial assistance to projects
					and initiatives aligned with its charitable
					objectives. This ensures that the
					organisation can continue to make a positive
					impact and contribute to the causes it
					supports.
					Additionally, the reserves help cover support
					and governance costs. Running a charity involves various operational expenses, such
					as staff salaries, administrative costs, and
					compliance requirements. By holding
					reserves, the organisation can ensure that it governance
					has the necessary financial resources to
					cover these ongoing expenses. This allows
					the charity to function effectively and
					maintain good practices,
					enabling it to fulfill its obligations and
					operate in a sustainable manner.
					Overall, the policy for holding reserves at a
					level equivalent to approximately three
					months of unrestricted charitable
					expenditure provides financial stability and
					flexibility to the White City Theatre Project. It
					allows the organisation to respond to grant
					applications and deliver its services while
					also ensuring the smooth functioning ofthe
					charity's operations. By maintaining these
					reserves, the trustees believe they are
					taking a prudent approach to financial
					management and safeguarding the
					organisation's ability to fulfill its charitable
					mission in the long term.
Amount	ofreserves	held		Para 1.22	f10,000
Reasons for holding		zero		Para 1.22
reserves
Detafis	offund materially		in	Para 1.24
deficit

						The White City Theatre Project relies
The charity's principal sources offunds (including					Paw 1.47	primarily on grants as its principal source of funds. The charity has established
any fundraising)						relationships with several local funders who
						consistently provide support. These loyal
						funders play a crucial role in sustaining the
						organisation's activities and initiatives.
						In addition to grants, the charity actively
						focuses on developing its outreach efforts
						and continuously seeks new grant
						opportunities. By proactively searching for
						and securing additional grants, the
						organisation aims to diversify its funding
						sources and expand its financial support.
						Moreover, the White City Theatre Project is
						always exploring new ways of fundraising.
						The charity employs various strategies to
						generate additional funds. The Charity is
						working towards hosting fundraising events,
						launching crowdfunding campaigns,
						seeking individual donations, or partnering
						with businesses or sponsors.
						By combining grant funding with a proactive
						approach to outreach and fundraising, the
						charity aims to ensure a sustainable and
						stable financial base. This allows the White
						City Theatre Project to continue its
						operations, fuNII its charitable objectives,
						and make a positive impact in the
						community it serves.
Investment	policy and
objectives induding				any	Para C46
social investment			policy
adopted
						There are some common external risks that
A description		ofthe		principal	1ara 1.43	could pose a threat to our Charity.
risks facing	the charity					These are general examples and do not
						reflect the specific risks identNed by the
						trustees.
						Funding Uncertainty: Reliance on grants
						and donations exposes the charity tothe risk
						of fluctuating funding levels. Changes in
						government policies, economic downtums,
						or shifts in donor priorities could affect the
						availabili of funds. A sudden reduction or

loss offunding could make it challenging for
the organisation to sustain its operations.
Regulatory Compliance: Charities are
subject to various laws and regulations.
Failure to comply with legal and regulatory
requirements, such as reporting obligations
or governance standards, could result in penalties or loss of charitable status.
Significant non-compliance issues could
lead to reputational damage and loss of
public trust, making it difficult for the charity
to continue operating.
External Economic Factors: Economic
downtums or recessions can impact
charitable giving. During challenging
economic times, individuals and
organisations may reduce or redirect their
charitable contributions, affecting the
charity's income stream. A prolonged
economic downturn could make itdNicult for
the organisation to sustain its operations
and fulfill its mission.
Changes In Social or Cultural Trends:
Changes in social or cultural trends can
influence public interest and support for
speclfic causes. If the White City Theatre
Project's activities orobjectives become less
aligned with societal interests, it may face
challenges in attracting funding or
maintaining community engagement.
Adapting to evolving trends and ensuring
ongoing relevance is crucial to sustain long-
term operations.
Legal and Regulatory Changes: Changes
in laws and regulations that directly impact
the charity's operations, such as fundraising
regulations, can create additional
compliance burdens or financial constraints.
Failure to adapt to or comply with new legal
requirements may impede the organisation's
ability to continue its activities.
Natural Disasters or Catastrophic Events: These can cause severe damage to
infrastructure, property, or assets As with
the recent Covid-19 pandemic, these
events may lead to a complete disruption of
operations. It is essential for the charity to
have contingency plans and appropriate
insurance coverage to mitigate the impact of
such events.
These arejust afew examples ofevents that
could potentially threaten the operations of
the White City Theatre Project. We regularly
review identified risks and the

	implementation	implementation	of procedures to minimise	of procedures to minimise	of procedures to minimise
	their potential		impact.	By	proactively
	assessing	and	addressing	these	risks, the
	charity can	enhance its resilience			and ability
	to continue	operating in the		face	ofexternal
	challenges.
Other

Description	ofcharity's	ofcharity's
trusts:				As a Charitable Incorporated Organisation
				(CIO), the White City Theatre Project has a
				specific legal structure and governance
				framework.
				CIO Status: The White City Theatre Project
				is registered as a Charitable Incorporated
				Organisation.
				Voting Members: As a CIO, the only
				individuals with voting rights within the
				organization are its charity trustees. This
				means that the ultimate decision-making
				authority rests with the trustees, who are
				responsible for overseeing the charity's
				activities, making strategic decisions, and
				ensuring compliance with legal and
				regulatory requirements.
				Charitable Trustees: The charity's
				charitable trustees are the individuals who
				serve on the board and are responsible for
				the governance and management of the
				organisation. They have a legal and
				fiduciary duty to act in the best interests of
				the charity and its beneficiaries. The
				charitable trustees play a vital role in setting
				the strategic direction, overseeing the
				financial affairs, and ensuring the effective
				operation ofthe charity.
				Date of Registration: The White City
				Theatre Project was registered as a
				Charitable incorporated Organisation on the
				17th April 2019.This signifies the point at
				which the organisation acquired its legal
				status and became formally recognized asa
				CIO under the applicable laws and
				regulations governing charitable entities.
				Overall, as a CIO, the White City Theatre
				Project operates with a governance
				structure where the charity trustees are the
				only voting members. This structure
				provides a clear line of authority and
				accountability, allowing the trustees to make
				decisions in the best interests ofthe charity.
				The CIO status offers legal protections and
				benefits, allowing the organisation to carry
				out its charitable activities effectively.
Type ofgoverning		document	Para 1.25	Foundation Model Constitution
trust doed,	ro ai	charter
How is the	charity		Para 1.25	CIO Status: The White City Theatre Project
constituted7				is registered as a Charitable Incorporated
Ie.ct ulllocoiuol ated				Organisation.
assoc,atior-	c'IO

Policies and procedures adopted for the induction	Policies and procedures adopted for the induction	Para 1.51
and training	oftrustees
The charity's organisational structure and any wider		Para 1.51
network with	which the
charity works
Relationship	with any	Para 1.51
related parties
			No trustee received any		remuneration	or
Other			other benefits,	including	reimbursed
			expenses, for	the period	ended 31August
			2022.

	Trustee	name	name	Oflice (ffany)
	Karen	Anne Lintem		Chair
	Nathan	David Bryon
	Alexander		Schmidt
	Janet	Michell Ellis
	MBE
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