Displace Yourself Theatre
Charity number 1183481
A company limited by guarantee number 10660125
Annual Report and Financial Statements
for the year ended 31 March 2021
Displace Yourself Theatre
Annual Report and Financial Statements for the year ended 31 March 2021
| Contents | Page |
|---|---|
| Trustees' report | 2 to 5 |
| Examiner's report | 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Notes to the accounts | 9 to 12 |
Prepared by West Yorkshire Community Accounting Service
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Displace Yourself Theatre
Trustees' report for the year ended 31 March 2021
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates
Mike Auger Gemma Hailwood-McCallion Aghileh Hatami Jennifer Nevin Julia Skelton Gianluca Vincentini
Charity number 1183481 Registered in England and Wales Company number 10660125 Registered in England and Wales Registered and principal address Bankers 6 Hazelheads Co-operative Bank plc Baildon Bradford BD17 6LH
Independent examiner
Simon Bostrom FCIE West Yorkshire Community Accounting Service Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a company limited by guarantee and was formed on 8 March 2017. It is governed by a memorandum and articles of association as amended by special resolution on 8 March 2018. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10. The charity was registered with the Charity Commission on 20 May 2019.
Method of recruitment and appointment of trustees
The trustees of the charity are also the directors for the purposes of company law may be appointed by the members by ordinary resolution or by the directors themselves.
The charity's objects
To advance the arts for the public benefit, in particular but not exclusively by creating works for participation and performance which educate the public on subjects of social and material inequality and displacement.
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Displace Yourself Theatre
Trustees' report (continued) for the year ended 31 March 2021
The charity's main activities
The charity’s objectives are achieved through the following areas of activity:
1. New work and touring
We create powerful shows that engender empathy in audiences and give them the tools to be active in contributing to a fairer society. We are passionate about equality, collaboration and the value of mutual exchange – all our shows are made through an in-depth process of research with people who have livedexperience of the themes we are exploring, providing a platform for these communities to use theatre as a way to make their voices heard.
Our productions tackle the inequalities that exist in the world today - they are urgent, poignant and relevant. Through touring our shows to venues across the country we inspire audiences to think differently and question. Our shows are always followed by an audience discussion to support people unpick these important issues and talk about real things they can do to make a difference now.
2. Arts and wellbeing with displaced people
We deliver creative activities with Sanctuary Seekers (primarily refugees, asylum seekers) and people with mental health needs using drama and the arts to boost confidence, develop self-expression, and support mental wellbeing and the processing of trauma. Our regular workshops provide vital care, creativity and inspiration for some of the most isolated people in our society, building a sense of connection and a supportive community for those taking part.
3. Training and support for artists creating socially engaged work
All our creative activities, workshops and production research are embedded with a trauma-conscious process. The integrity, value and effectiveness of this approach has been recognised as a model of best practice within the industry and we train and support other artists and organisations in working with marginalised and vulnerable communities and creating new entry routes into the arts.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit. DYT advances the arts for the public benefit and educates the public by creating high quality artistic works that seek to tell the stories that usually go unheard and inspire curiosity, compassion and a desire for change, and that break down social and cultural barriers. We increase engagement with the arts through providing opportunities for people to express their creativity and access their inner artist.
Achievements and performance
Displace Yourself Theatre held over 200 hours of online creative zoom sessions for refugees and asylum seekers across the UK, in collaboration with The City of Sanctuary. We worked together to develop the ‘Connect and Create’ Program, seeing hundreds of people access health and wellbeing support along with arts and creativity.
DYT also ran over 100 hours of online creative sessions for the Creating Together group in Stockton on Tees. As the in person sessions had to stop, we quickly adapted and moved these sessions online, providing a life line for those who relied on these regular classes.
Displace Yourself Theatre worked with socially excluded people across the UK to create a new Audio piece called ‘ Voices of Hope.’ This work gathers people’s thoughts and feeling around the idea of hope, and during the pandemic, aims to offer light and future to those struggling with the challenges of isolation.
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Displace Yourself Theatre
Trustees' report (continued) for the year ended 31 March 2021
Financial review
The net income for the year was £19,618, including net expenditure of £1,596 on unrestricted funds and net income of £21,214 on restricted funds.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £4,902.
Due to the project-funded nature, limited overheads and freelance arrangement of the team, the charity has not adopted a formal reserves policy. However this remains a key priority of the trustees to be addressed formally in the coming years.
A note on Covid-19 and going concern
At the beginning of the pandemic, Displace Yourself Theatre created an updated Cash flow projection for the following year. This was soon updated with the addition of the successful ‘Emergency Funding’ bid received in 2020.
This fund, along with some local venue support, local authority support and a project with The City of Sanctuary UK, meant that the charity was able to stay comfortably afloat throughout this uncertain period. We were also granted a 3 month half rate on rent payments to East Street Arts for our Post office space in Bradford.
At the time of signing these accounts the charity has been impacted by the global Covid-19 virus. The trustees have reassessed the charity’s ability to continue for at least 12 months from the date that the accounts are approved and conclude that no material uncertainties exist that cast significant doubt on the charity’s ability to continue as a going concern.
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Displace Yourself Theatre
Trustees' report (continued) for the year ended 31 March 2021
Statement of trustees' responsibilities
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
Signed on behalf of the board of trustees on 15 December 2021
Julia Skelton (Trustee)
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Displace Yourself Theatre
Independent examiner's report to the trustees of Displace Yourself Theatre
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2021, which are set out on pages 7 to 12.
Responsibilities and basis of report
As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
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3 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
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4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Simon Bostrom FCIE
15 December 2021
West Yorkshire Community Accounting Service
Stringer House 34 Lupton Street Leeds LS10 2QW
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Displace Yourself Theatre
Statement of Financial Activities
(including summary income and expenditure account) for the year ended 31 March 2021
| Notes 2021 Unrestricted funds £ Income from: Grants and donations (2) - Performance fees - Workshops and other income 6,650 Total income 6,650 Expenditure on: Performance fees and other freelancers 8,170 Travel and accommodation - Food and refreshments - Resources and production costs - Venue hire - Rent and rates - Insurance - Marketing and publicity - IT software and consumables - Consultancy - Independent examination - Bank charges - Depreciation - Other administrative costs 76 Total expenditure 8,246 Net income / (expenditure) (1,596) Fund balances brought forward 6,498 Fund balances carried forward (3) 4,902 |
2021 Restricted funds £ 38,881 - - 38,881 15,555 - - 51 - 1,265 - - 316 - 480 - - - 17,667 21,214 - 21,214 |
2021 Total funds £ 38,881 - 6,650 45,531 23,725 - - 51 - 1,265 - - 316 - 480 - - 76 25,913 19,618 6,498 26,116 |
2020 Total funds £ 8,870 3,150 11,790 23,810 30,010 887 645 341 51 1,210 280 710 80 300 1,020 76 1,083 13 36,706 (12,896) 19,394 6,498 |
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
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Displace Yourself Theatre
Balance sheet
| as at 31 March 2021 2021 Unrestricted £ Current assets Debtors - Cash at bank 5,382 Total current assets 5,382 Current liabilities: amounts falling due within one year Accruals 480 Total current liabilities 480 Net current assets / (liabilities) 4,902 Net assets 4,902 Funds Unrestricted funds 4,902 Restricted funds - Total funds 4,902 |
2021 Restricted £ 200 21,014 21,214 - - 21,214 21,214 - 21,214 21,214 |
2021 Total £ 200 26,396 26,596 480 480 26,116 26,116 4,902 21,214 26,116 |
2020 Total £ - 6,978 6,978 480 480 6,498 6,498 6,498 - 6,498 |
|---|---|---|---|
For the year ending 31 March 2021 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).
The financial statements were approved by the board of trustees on 15 December 2021
Julia Skelton (Trustee)
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Displace Yourself Theatre
Notes to the accounts
for the year ended 31 March 2021
1 Accounting policies
Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with 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) (effective 1 January 2019) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
Going concern
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
Incoming resources
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
Grants and donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
Expenditure and liabilities
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Tangible fixed assets
Tangible fixed assets are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Project and office equipment: over 3 years
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
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Displace Yourself Theatre
Notes to the accounts continued
for the year ended 31 March 2021
| 2 Grants and donations Arts Council England National Lottery Community Fund (NLCF) Bradford Producing Hub Bradford Met. District Council (CBMDC) Scurrah Wainwright Kala Sangam 3 Restricted funds Balance b/f £ ACE Emergency Relief - NLCF - Scurrah Wainright - CBMDC 1 - CBMDC 2 - CBMDC 3 - Kala Sangam match funding - Bradford Producing Hub - - |
2021 Unrestricted funds £ - - - - - - - Incoming £ 19,541 8,940 6,000 900 1,000 1,000 1,000 500 38,881 |
2021 Restricted funds £ 19,541 8,940 500 2,900 6,000 1,000 38,881 Outgoing £ 16,767 - - 900 - - - - 17,667 |
2021 Total funds £ 19,541 8,940 500 2,900 6,000 1,000 38,881 Transfers £ - - - - - - - - - |
2020 Total funds £ 4,670 3,200 - - - 1,000 8,870 Balance c/f £ 2,774 8,940 6,000 - 1,000 1,000 1,000 500 21,214 |
|---|---|---|---|---|
Fund name
Purpose of restriction
ACE Emergency Relief
NLCF
Scurrah Wainright
CBMDC 1
CBMDC 2
CBMDC 3
Kala Sangam match funding
Bradford Producing Hub
Funding for emergency costs arising due to effects of Covid 19 pandemic and also for creativity project costs working with vulnerable refugees and asylum seekers.
Towards creativity and wellbeing sessions with refugees and asylum seekers in Bradford.
Towards a fortnightly programme of Arts & Wellbeing sessions for refugees and asylum seekers currently based in Bradford.
To create a sound piece project connecting with refugees and asylum seekers in Bradford.
To create a sound piece project connecting with refugees and asylum seekers in Bradford.
Pilot project to test socially distanced ways of supporting creativity and wellbeing.
Match funding as part of the CBMDC grant towards socially distanced ways of working.
Towards artists fees on rehearsal and exploration.
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Displace Yourself Theatre
Notes to the accounts continued
for the year ended 31 March 2021
| **4 ** | Tangible assets Cost At 1 April 2020 Additions At 31 March 2021 Depreciation At 1 April 2020 Charge for year At 31 March 2021 Net book value At 31 March 2021 At 31 March 2020 |
£ 2,166 - 2,166 2,166 - 2,166 - - Office equipment |
Total £ 2,166 - 2,166 2,166 - 2,166 - - |
|---|---|---|---|
5 Related party transactions
Trustee expenses
No trustee received any expenses during this year or the previous year.
| Trustee remuneration and benefits Description of transaction Mike Auger Jennifer Nevin Performance fees Performance fees Name of trustee |
2021 £ 9,010 10,310 19,320 |
2020 £ 9,774 5,649 15,423 |
|---|---|---|
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Displace Yourself Theatre
Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2021
| 2021 2020 Unrestricted Unrestricted funds funds £ £ Income Grants and donations - - Performance fees - - Workshops and other income 6,650 10,790 Total income 6,650 10,790 Expenditure Performance fees / other freelancers 8,170 - Travel and accommodation - - Food and refreshments - 320 Resources and production costs - 21 Venue hire - - Rent and rates - 1,210 Insurance - 280 Marketing and publicity - 110 IT software and consumables - 80 Consultancy - 300 Independent examination - 1,020 Bank charges - 76 Depreciation - 1,083 Other administrative costs 76 13 Total expenditure 8,246 4,513 Net income / (expenditure) (1,596) 6,277 Fund balances brought forward 6,498 221 Fund balances carried forward 4,902 6,498 |
2021 Restricted funds £ 38,881 - - 38,881 15,555 - - 51 - 1,265 - - 316 - 480 - - - 17,667 21,214 - 21,214 |
2020 Restricted funds £ 8,870 3,150 1,000 13,020 30,010 887 325 320 51 - - 600 - - - - - - 32,193 (19,173) 19,173 - |
2021 Total funds £ 38,881 - 6,650 45,531 23,725 - - 51 - 1,265 - - 316 - 480 - - 76 25,913 19,618 6,498 26,116 |
2020 Total funds £ 8,870 3,150 11,790 23,810 30,010 887 645 341 51 1,210 280 710 80 300 1,020 76 1,083 13 36,706 (12,896) 19,394 6,498 |
|---|---|---|---|---|
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