**GOLDEN TOAD THEATRE COMPANY** Report and Financial Statements Year ending 31 March 2023 Charity number 1183754 ## **Overall objectives and activities** The charitable purpose of Golden Toad Theatre Company is to advance education for the public benefit by the promotion of the arts, in particular but not exclusively the art of drama. This is carried out through the creation and production of musical theatre of the highest quality for children, young people and their families, and the commissioning and production of related educational/ enrichment resources. Workshops, resources and activities are made available to the public free of charge, with specific targeting in low arts access areas. Where appropriate Golden Toad works with local authorities and schools to bring performances to low income families at a subsidised rate. ## **Mission statement** We create and stage imaginative, vibrant, musical theatre of the highest quality for children and families. ## **Core beliefs** - All children and their families deserve access to high quality theatre - • The best theatre provides the opportunity for its audience to explore their beliefs, desires, impulses and understand their place in the world we inhabit. - Education and entertainment are not mutually exclusive! ## **Aims** 1. We want to develop new musical theatre work of the highest quality for children and families 2. We want our work to reflect and explore the feelings and concerns of our audiences 3. We want to inspire all children and their families, regardless of location or family circumstances 4. We want our audiences to investigate the themes of our work outside the theatre ## **Objectives** - A. We will develop shows for children and family audiences with the same time, care and attention that adult musical theatre receives (Aim 1) - B. We will work with talented professional creatives with a proven track record in their area of expertise (Aim 1) - C. We will work on stage adaptations of books and stories that are relevant to our audiences (Aim 2) - D. We will not underestimate the potential of our young audiences to understand and grapple with complex ideas and emotions (Aim 1+2) - E. We will create work that is not reliant on solely traditional theatre spaces (Aim 2+3) - F. We will tour our work across the UK to a variety of venues encompassing both traditional and non-traditional theatre spaces, community venues and schools (Aim 3) - G. We will build relationships with international theatres and companies with a long term view to international touring (Aim 3) - H. We will work with schools, councils and theatres to actively promote access to our work for all. (Aim 3) - I. We will develop activities, workshops, supplementary materials and apps that explore the stories and themes in our work (Aim 4) ## **Objectives & achievements for 2022-23** |**Objective**|**Achievements against objective**| |---|---| |1.
Second tour of ERROL’S GARDEN
(overall objective A, B, C, D, E, F,
H)|•
This was a more extensive tour than
2020, visiting
•
traditional theatre spaces: New
Wimbledon Theatre, Theatre Peckham,
Warwick Arts, Burnley, Mercury
Colchester, Stamford Arts Centre,
Norden Farm, Leicester Curve, Sheffield
Monty, Rivelin Arts
•
Community venues & festivals: MK
Gallery, Sutton Life Centre, Oxford Story
Museum, Sutton Community Dance,
Culture Trust London), SouthWestFest
•
A small number of primary schools.| |2.
Offer age-appropriate gardening
workshops alongside ERROL’S
GARDEN production (overall
objective B,C,E,I)|•
Planting workshops delivered by
Shaunna Duffy delivered at a variety of
performance venues and schools| |3.
First production of PIGS MIGHT
FLY (overall objective A, B, C, D, E,
F, H)|•
Opened at Theatre Peckham, went to
Oxford Playhouse for October had term
week, and also visited White Rock &
Southend Theatres| |4.
Initial workshop/R&D development
for GRUMPYCORN (overall
objective A, B, C)|•
Readthrough & writing development
undertaken| |5.
Continue to implement sustainable
future growth and management
strategies for Golden Toad Theatre
(B, G)|•
Continued general management
relationship with DEM Productions. Met
with Hannah Matterson to discuss
freelance development support on an a
project by project basis.| |6.
Raise funds to allow continued
growth of charity and execution of
objectives|•
Successful ACE small project grants
awarded for ERROL’S GARDEN, MISS
MOORE & PIGS MIGHT FLY| |7.
Nurture & build ongoing
relationships within the industry
(objectives A, B & F)|•
Focus on key areas of
•
Sutton (SLC), which is one of our key
community partners
•
Theatre Peckham, where we held our
tech & openings for ERROL’S GARDEN
& PIGS MIGHT FLY
•
Hastings (White Rock Theatre), where
we rehearsed and opened our R&D tour
o f M I S S M O O R E T H O U G H T
OTHERWISE| ## **Performance report** In 2022-23 we were delighted to mount an ACE funded larger scale tour of ERROL’S GARDEN. Our aim was to widen our geographical reach from outside London and the South East. This was successful, and we are exploring options for future performances both within the UK and internationally. Following development work in 2021-22, we mounted a full production of PIGS MIGHT FLY. This is a significantly larger scale production that ERROL’S GARDEN, with the potential to sit on top of evening performances in mid-large scale theatres. Following the success of this initial mini-tour we will look into further touring in the coming years. Following development work in 2021-22 we ran further R&D and a test tour for MISS MOORE THOUGHT OTHERWISE, which is a small scale one-performer production designed to play in libraries and community spaces. Audience feedback was positive, and we are looking forward to developing the production further with a view to more extensive library touring. DEM Productions continued as general managers for ERROL’S GARDEN and PIGS MIGHT FLY. Matthew Peter Carter took over the role of Chair of trustees. In the financial year 2020-21, Golden Toad Theatre was funded by a grant from the Buchanan Foundation, ticket sales, box office/venue income, and ACE small project grants. ## **Financial Review** Golden Toad ended the financial year in a stable position, with over £13,000 remaining at the end of the period. £600 of this is restricted for work on inclusion within our productions. ERROL’S GARDEN accounted for 51% of total expenditure. PIGS MIGHT FLY accounted for 35% of total expenditure. MISS MOORE THOUGHT OTHERWISE accounted for 17% of total expenditure. The trustees have set a reserves policy of 5% of income. Golden Toad’s activity is currently funded through a combination of project grants (e.g. Arts Council England), charitable grants, and ticket/box office & merchandise income. ## **Structure, Governance and Management** Golden Toad Theatre Company is a charitable incorporated organisation (CIO) and governed by its constitution dated 12 August 2019. It is registered as a charity with the Charity Commission. Trustees are appointed by the existing trustees, having regard to the skills, knowledge and experience needed for the effective administration of Golden Toad Theatre. The trustees are keen to increase the diversity of the board, particularly in terms of gender, age and ethnicity. The maximum number of trustees is 12. ## **Reference and Administrative details** Charity name: Golden Toad Theatre Company Charity number: 1183754 Registered address: Kemp House, 160 City Road, London EC1V 2NX ## **Trustees:** Robert Barbaro Gemma Baxter Matthew Carter (Chair) Rebecca Jeetoo ## **Directors:** Jen Green Caroline Wigmore ## **Declarations** ## **The trustees declare that they have approved the trustees’ report above.** Signed on behalf of the trustees **Full name:** Matthew Carter **Position:** Chair **Date:** CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinefs Report Report to the Irustsos On accounts for the year •nd•d Charity no (If any) IK£375II Set out on pages ?e-'Jm)ers ol addittonal sheets) I report lo the trustees on my examination of the accounts of the above charity (Ihe Ttust") for the year ended 3110412G2-%. As the charitys trustees. you are responsible for the preparation of the accounts in accordance with the rwuirements of the Chartties Act 2011 1.the Acri. Responsibilititrs and basis ol report I report in respeol of my examination of the Trust's accounts carried out under secaion 145 of the 2011 Act and in carrwng OLrt my examination. I have followed all the applicable Directions given by the Charity Commission under section 14515)Ib) of the Act. Independent examlnerfs statement I have ¢))mFdeted my examination. I ￿nfim7 that no material matters have come lo my attention in connection wilh the examination (oth&p 1thsd6s4d￿') which gives me cause to believe that in. any material respect.. the accounting records were not kept in accordance ￿￿th section 130 of the Chartties Act., or the accx)unts did not accord wtth the accounting records" or the accounts did not comply th the appIl￿ble requirements conceming the foryn and Content of accounts set out in the Charities (Accwnts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fair, view vthich is not a matter considered as part of an independent examination. I have no concems and have come acTOSS no other matters in conneclion with the examination to ¥thich attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. . Please delete the words in the brackets rf they do not appty. Signed: Date: 20 Narno: Rolevant professlonal quallficatlonl81 or b¢)dy F.c.A IER Oct 2018 (if any)". Addrnss: Section B Dis¢105ure Only complele if the examiner neecjs lo highlight material matters of concem (see CC32, Indepgndenl examination of charity accounts: directions and guidance for examiners)- Give here brief details of any Items that the examlngr wlshes to disclose. IER Oct 2018 ||**Golden Toad Theatre Company**|**Golden Toad Theatre Company**|**Golden Toad Theatre Company**|**Golden Toad Theatre Company**|**Golden Toad Theatre Company**|**1183754**|**1183754**||**CC16a**| |---|---|---|---|---|---|---|---|---|---| ||||||||||| ||**Receipts andpayments accounts**||||||||| ||**For the period**
**from**||4/1/22||**To**||3/31/23||| ||||||||||| ||||||||||| |**Section A Receipts and payments**|||||||||| ||**Unrestricted**
**funds**||**Restricted funds**||**Endowment**
**funds**||**Total funds**||**Last year**| ||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**| |**A1 Receipts**|||||||||| |Grants|**5,591**||**74,125**||**-**||**79,716**||**-**| |BO receipts|**2,299**||**-**||**-**||**2,299**||**-**| |Loan repayment from Golden Toad Productions|**3,726**||**-**||**-**||**3,726**||**-**| |Misc|**471**||**-**||**-**||**471**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| |**_Sub total_**_(Gross income for AR) _|
**12,087**||**74,125**||**-**||**86,212**||**-**| ||||||||||| |**A2 Asset and investment sales, (see table).**|||||||||| ||**- 0**||**- 0**||**- 0**||**-**||| ||**- 0**||**- 0**||**- 0**||**-**||**- 0**| |**_Sub total _**|
**- 0**||**- 0**||**- 0**||**-**||**- 0**| ||||||||||| |**_Total receipts_ **|
**12,087**||**74,125**||**- 0**||**86,212**||**- 0**| ||||||||||| |**A3 Payments**|||||||||| |Cost of charitable activities: Errol's Garden production|**39,071**||||**-**||**39,071**||**-**| |Cost of charitable activities: Pigs Might Fly production|**29,844**||||**-**||**29,844**||**-**| |Cost of charitable activities: R&D & workshops|**847**||**-**||**-**||**847**||**-**| |Central costs (including equipment purchase)|**636**||||**-**||**636**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| ||**- 0**||**-**||**-**||**-**||**-**| |**_Sub total_ **|
**70,398**||**-**||**-**||**70,398**||**-**| ||||||||||| |**A4 Asset and investment purchases, (see**
**table)**|||||||||| ||||||**- 0**||**-**||| |Miss Moore (costs incurred on behalf of Golden Toad
Productions)|**14,008**||||**- 0**||**14,008**||| |**_Sub total_ **|
**14,008**||**-0**||**-0**||**14,008**||**- 0**| ||||||||||| |**_Totalpayments_ **|
**84,406**||**- 0**||**- 0**||**84,406**||**- 0**| ||||||||||| |**_Net of receipts/(payments)_ **|**-**
**72,319**||**74,125**||**-**||**1,806**||**-**| |**A5 Transfers between funds**|**- 0**||**-**||**-**||**-**||**-**| |**A6 Cash funds lastyear end**|||**-**||**-**||**-**||**-**| |**_Cash funds thisyear end_ **|**-**
**72,319**||**74,125**||**-**||**1,806**||**-**| ||||||||||| ||||||||||| |**Section B Statement of assets**|**and liabilities at the end of**||||**the period**||||| |**Categories**|**Details**||||**Unrestricted**
**funds**||**Restricted funds**||**Endowment**
**funds**| ||||||**to nearest £**||**to nearest £**||**to nearest £**| |**B1 Cash funds**|Co-Op Bank Account||||**12,822**||**600**||**-**| ||||||**-**||**-**||**-**| ||||||**-**||**-**||**-**| ||**_Total cash funds_**||||**12,822**||**600**||**-**| ||(agree balances with receipts and payments
account(s))||||Agreement Error||||OK| ||||||**Unrestricted**
**funds**||**Restricted funds**||**Endowment**
**funds**| ||**Details**||||**to nearest £**||**to nearest £**||**to nearest £**| CCXX R1 accounts (SS) 12/12/2023 1 |**B2 Other monetary assets**|||||**-**||**-**||**-**| |---|---|---|---|---|---|---|---|---|---| ||||||**-**||**-**||**-**| ||||||**-**||**-**||**-**| ||||||**-**||**-**||**-**| ||||||**-**||**-**||**-**| ||||||**-**||**-**||**-**| ||||||||||| ||**Details**||||**Fund to which asset**
**belongs**||**Cost (optional)**||**Current value**
**(optional)**| |**B3 Investment assets**|Miss Moore||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||||| ||**Details**||||**Fund to which asset**
**belongs**||**Cost (optional)**||**Current value**
**(optional)**| |**B4 Assets retained for the charity’s own**
**use**|Laptop||||||**390**||**-**| ||Speakers||||||**1,155**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||**-**||**-**| ||||||||||| ||**Details**||||**Fund to which**
**liability relates**||**Amount due**
**(optional)**||**When due**
**(optional)**| |**B5 Liabilities**|||||||**-**||| ||||||||**-**||| ||||||||**-**||| ||||||||**-**||| ||||||||**-**||| ||||||||||| |Signed by one or two trustees on behalf of all the
trustees|Signature||||Print Name||||Date of approval| ||||||Matthew Peter Carter||||| ||||||||||| CCXX R2 accounts (SS) 12/12/2023 2