**GOLDEN TOAD THEATRE COMPANY** Report and Financial Statements Year ending 31 March 2024 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 and 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 also 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 2023-24** |**Objective**|**Achievements against objective**| |---|---| |1.
Third tour of ERROL’S
GARDEN
(overall objective A, B, C,
D, E, F, H)|This objective was not achieved as we made the
decision to postpone the planned 2023-24 tour of
ERROL’S GARDEN to 2024-25. This was due to:
•
Changes in personnel and programming
priorities in two key venues we were
planning to visit during the tour making
the tour less viable structurally and
financially
•
Feedback from venues visited in the
2022-23 tour that they would find it easier
to re-programme the show on a biennial
rather than an annual basis| |2.
Offer age-appropriate
gardening workshops
alongside ERROL’S
GARDEN production
(overall objective B,C,E,I)|In 2023-24 we set up a partnership with BigFoot
Arts Education, who developed and trialled an
enhanced educational workshop that is able to
run alongside or independently of performances.
•
This workshop offering will be rolled out
as part of the BigFoot workshop offering,
which is primarily be focused on schools,
•
It will enable us to provide a more cost
appropriate ERROL’S GARDEN offering
to schools enquiring about private
performances| |3.
Further exploitation of PIGS
MIGHT FLY (overall
objective A, B, C, D, E, H)|A UK no.1 tour of PIGS MIGHT FLY was
produced by DEM Productions| |4.
Further exploitation of
ERROL’S GARDEN
internationally (overall
objective A, B, D, F, G)|•
The script and music for ERROL’S
GARDEN were licensed through
Wigmore & Green to Singapore Theatre
Company for a 6 week run in their main
house in Spring 2024.| |5.
Development & tour of
MISS MOORE THOUGHT
OTHERWISE (overall
objective A, B, C, D, E, F, H)|•
This objective was not achieved as our
ACE funding application for a wider tour
of MISS MOORE was unsuccessful. We
will continue to explore suitable funding
models for library touring.| |6.
Raise funds to allow
continued growth of charity
and execution of objectives|•
Successful Foyle Foundation application
for core costs| ||7.
Nurture & build ongoing
relationships within the
industry (objectives A, B &
F)
In 2023-24 we developed new relationships with
BigFoot Arts Education & Singapore Theatre
Company, and continued to strengthen and
develop ongoing partnerships with DEM
Productions, Sutton (SLC), which is one of our
key community partners, and Hannah Matterson
(freelance funding)| |---|---| ## **Performance report** In 2023-24 we were delighted that our production of PIGS MIGHT FLY was bought and developed as a no.1 touring production by DEM Productions, and that ERROL’s GARDEN was licensed by Singapore Theatre Company. We made the difficult but correct decision to postpone our summer 2023 UK tour of ERROL’S GARDEN to 2024. This was due to changes in personnel in two key venues, and feedback from 2022 venues suggesting a biennial rather than annual production would suit their programming needs. This led to too much financial and structural uncertainty to sensibly commit to the tour in 2023. ACE approved our postponement request so funding for the tour remains in place, and we are committed to touring the production in 2024. Development of MISS MOORE THOUGHT OTHERWISE was more frustrating due to a difficult public funding environment. Several funding proposals were unsuccessful. We will continue to explore how we can make this small scale library production viable in future years. DEM Productions continue as general managers for ERROL’S GARDEN, and have taken over as producers for PIGS MIGHT FLY. Matthew Peter Carter continues in the role of Chair of trustees. In the financial year 2023-24, Golden Toad Theatre was grateful to receive funding from The Foyle Foundation, the Buchanan Foundation and ACE. ## **Financial Review** In the financial year 2023-24, Golden Toad Theatre was grateful to receive funding from: - The Foyle Foundation, in the form of a grant of £5,000 awarded on 18 September 2023 towards core costs - The Buchanan Foundation - Arts Countil England small project grants Golden Toad ended the financial year in a stable position, with over £40,000 remaining at the end of the period. A significant portion (£27,000) of this is restricted funding for the postponed production of ERROL’S GARDEN, which will now take place in 2024. This leaves a comfortable £13,000 of reserves. Due to the postponement of the ERROL’S GARDEN tour, spending in 2023-24 was far lower than anticipated, at £5,000, with 64% expenditure being on core costs. The trustees have set a reserves policy of 5% of 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: 49 Station Road, Polegate, East Sussex, BN26 6EA ## **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:** |||**Golden Toad Theatre Company**|**Golden Toad Theatre Company**|**Golden Toad Theatre Company**|**Golden Toad Theatre Company**|**Golden Toad Theatre Company**|||**1183754**|**1183754**|||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||**Receipts andpayments accounts**|||||||||**CC16a**|| |||**For the period**
**from**||||01/04/2023||**To**||31/03/2024|||| ||||||||||||||| |**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|||**1,293**|||**31,911**||**-**||**33,204**||**-**|| |BO receipts||||**-**||**-**||**-**||**-**||**-**|| |Misc|||**20**|||**-**||**-**||**20**||**-**|| |||||**-**||**-**||**-**||**-**||**-**|| |||||**-**||**-**||**-**||**-**||**-**|| |||||**-**||**-**||**-**||**-**||**-**|| |||||**-**||**-**||**-**||**-**||**-**|| |||||**-**||**-**||**-**||**-**||**-**|| |**_Sub total_**_(Gross income for AR) _|||**1,313**|||**31,911**||**-**||**33,224**||**-**|| ||||||||||||||| |**A2 Asset and investment sales, (see table).**|||||||||||||| |||||**-**||**-**||**-**||**-**|||| |||||**-**||**-**||**-**||**-**|||**-**| ||**_Sub total_**|||**-**||**-**||**-**||**-**|||**-**| ||||||||||||||| ||**_Total receipts_**||**1,313**|||**31,911**||**-**||**33,224**|||**-**| ||||||||||||||| |**A3 Payments**|||||||||||||| |Central costs(includingequipmentpurchase)|||**3,168**|||||**-**||**3,168**||**-**|| |||||||||**-**||**-**||**-**|| |||||**-**||**-**||**-**||**-**||**-**|| |||||**-**||||**-**||**-**||**-**|| |||||**-**||**-**||**-**||**-**||**-**|| |||||**-**||**-**||**-**||**-**||**-**|| |||||**-**||**-**||**-**||**-**||**-**|| |||||**-**||**-**||**-**||**-**||**-**|| |||||**-**||**-**||**-**||**-**||**-**|| ||**_Sub total_ **||**3,168**|||**-**||**-**||**3,168**||**-**|| ||||||||||||||| |**A4 Asset and investment purchases, (see**|||||||||||||| |**table)**|||||||||||||| |||||||||**-**||**-**|||| |Miss Moore (costs incurred on behalf of Golden Toad|||||||||||||| |Productions)|||**1,791**|||||**-**||**1,791**|||| ||**_Sub total_ **||**1,791**|||**-**||**-**||**1,791**|||**-**| ||||||||||||||| |**_Totalpayments_**|||**4,959**|||**-**||**-**||**4,959**|||**-**| ||||||||||||||| |**_Net of receipts/(payments)_**||**-**|**3,647**|||**31,911**||**- **||**28,264 **|||**-**| |**A5 Transfers between funds**||||**-**||**-**||**-**||**-**|||**-**| |**A6 Cash funds last year end**||||||**-**||**-**||**-**|||**-**| |**_Cash funds thisyear end_**||**-**|**3,647**|||**31,911**||**-**||**28,264**|||**-**| ||||||||||||||| ||||||||||||||| |**Section B Statement of assets and**|||**liabilities at the end of**||||**the period**||||||| |||||||||**Unrestricted**||**Restricted funds**||**Endowment**|| |**Categories**||**Details**||||||**funds**||||**funds**|| |||||||||**to nearest £**||**to nearest £**||**to nearest £**|| ||**Golden Toad Theatre Company**|**Golden Toad Theatre Company**|**Golden Toad Theatre Company**|**1183754**|**CC16a**| |---|---|---|---|---|---| ||||||| ||**Receipts andpayments accounts**||||| ||**For the period**
**from**|01/04/2023|**To**|31/03/2024|| ||||||| ||||||| |**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|**1,293**|**31,911**|**-**|**33,204**|**-**| |BO receipts|**-**|**-**|**-**|**-**|**-**| |Misc|**20**|**-**|**-**|**20**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| |**_Sub total_**_(Gross income for AR) _|**1,313**|**31,911**|**-**|**33,224**|**-**| |**A2 Asset and investment sales, (see table).**|||||| ||**-**|**-**|**-**|**-**|| ||**-**|**-**|**-**|**-**|**-**| |**_Sub total_**|**-**|**-**|**-**|**-**|**-**| ||||||| |**_Total receipts_**|**1,313**|**31,911**|**-**|**33,224**|**-**| ||||||| |**A3 Payments**|||||| |
Central costs(includingequipmentpurchase)|**3,168**||**-**|**3,168**|**-**| ||||**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**||**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| |**_Sub total_ **|**3,168**|**-**|**-**|**3,168**|**-**| ||||||| |**A4 Asset and investment purchases, (see**
**table)**|||||| ||||**-**|**-**|| |Miss Moore (costs incurred on behalf of Golden Toad
Productions)|**1,791**||**-**|**1,791**|| |**_Sub total_ **|**1,791**|**-**|**-**|**1,791**|**-**| ||||||| |**_Totalpayments_**|**4,959**|**-**|**-**|**4,959**|**-**| ||||||| |**_Net of receipts/(payments)_**|**- 3,647**|**31,911**|**- **|**28,264 **|**-**| |**A5 Transfers between funds**|**-**|**-**|**-**|**-**|**-**| |**A6 Cash funds last year end**||**-**|**-**|**-**|**-**| |
**_Cash funds thisyear end_**|**- 3,647**|**31,911**|**-**|**28,264**|**-**| ||||||| ||||||| |**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||**14,776**|**26,911**|**-**| ||||**-**|**-**|**-**| ||||**-**|**-**|**-**| |||**_Total cash funds_**|**14,776**|**26,911**|**-**| ||(agree balances with receip|ts andpayments account(s))|Agreement Error|Agreement Error|OK| ||||**Unrestricted**
**funds**|**Restricted funds**|**Endowment**
**funds**| ||**Details**||**to nearest £**|**to nearest £**|**to nearest £**| |**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|
Sign|ature|Print|Name|Date of approval| ||_MPCarter_||Matthew P|eterCarter|07.01.25| |CCXX R1 accounts (SS)|||||1| 12/12/2023 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the tTUSteesl member5 of pthy On accounts for thè y¢ar end¢d Charity no 03120 ilanyl IlQ37a S•t out on pages I report to the trustees on my oxaminalion ol the accounts ol the above chanty I'the Trust'l lor the year ended DD I MM I YYYY R•sponslblliti&s and basls of r•port As the Charity trustèes ol the Trust. you are responBible for the preparation ol the accounts in accordance with th& requirements ol thè Charilios Act 2011 1"Ih* A¢t"i. I report In respect ol my examination ol the Trust's accounts carried out under seetion 145 01 the 2011 Act and In carrying out my examination. I have followed the applicabl6 Dirèctions given by the Charity Commission under section 14515llbl ol the Act I have completed my examination I confirm that no mal6rial mattar8 hav6 ¢ome lo my attèntion 4•lko I In conn8clion wth thè examinalion which give8 me cause lo believe that in, any material respect.. ' aeeountlng rttordg ware not k•pt in accordanco wilh 88Ction 130 of the Act or • the accounts do not accord wth the •rt¢untlng records Ind•p•nd•nl •ximln•r's st*t•m•nt I have no coneerns and have come acr033 no other matters in conngction wth thè examination to which ttantion shoul4 be drawn in order ¢0 enable a propor understanding ol the account¥ lo be reached . Please dglelo the words In th8 br6d(61s rfthey do not apply. Slgn•d: Oattt.. Narn•'. Relevant prof•sslonil qu•llllcativnlsl or body lif AnyI-. Address.. Section B Dlsclosur• Only comlete if the examiner neads to highlight matter8 ol conc8rn1s¢8 CC32, Independént 8xaminaUon ol harty 8co)unls". th'rections and guidan¢e for examlnersl. Gl¥• h•r• tsri•f d•ta115 of ny It•ms that th• •xaffllrt•r WAS￿ to