## **Trustees’ Annual Report for the period** ## **From 01/10/2019 Period start date to 30/09/2020 Period end date** **Charity name: The Gielgud Academy Trust** **Charity registration number: 1186845** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To advance the education of the public in**
**the study of performing arts, dance,**
**drama, singing, music and related**
**subjects.**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**The Gielgud Academy of Performing Arts**
**(GAPA) offers a part time professional**
**performing arts training and education to**
**children between the ages of 3 – 18. This**
**includes a full programme of ISTD, RAD**
**and LAMDA examinations and Public**
**Performance opportunities.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**I can confirm that the Trustees have had**
**regard to the Charity Commission’s**
**guidance on public benefit.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|**Because of the extent that the charity has**
**been compromised in achieving its**
**objectives during this period, the**
**Trustees will not be providing any**
**optional information in this report.**| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|| |Other||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The 2019/2020 school year has been**
**seriously compromised by the COVID19**
**pandemic. The Winter and Lent terms**
**were successfully delivered but GAPA**
**was forced to close from 23/03/2020 –**
**25/09/2020. This meant that students**
**couldn’t take classes, prepare for and**
**take exams, or rehearse for and perform**
**in shows. Some online delivery was**
**possible, and some fun online activities**
**were arranged and provided. These were**
**mainly for retention purposes.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|**Because of the extent that the charity has**
**been compromised in achieving its**
**objectives during this period, the**
**Trustees will not be providing any**
**optional information in this report.**| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**Because of the COVID19 pandemic and**
**being forced to close for 6 months, the**
**charity finished the period in deficit. It**
**was not possible to collect tuition fees**
**for 6 months and student numbers**
**dropped because of parent job losses.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**At the start of this period, the Trustees**
**did not think it necessary to hold**
**reserves. The COVID19 pandemic could**
**have prompted a rethink for the next**
**period.**| |Amount of reserves held|Para 1.22|**0**| |Reasons for holding zero
reserves|Para 1.22|**It wasn’t thought necessary. The**
**pandemic took us all by surprise.**| |Details of fund materially in
deficit|Para 1.24|**At the end of the period the charity was**
**£1,031 in deficit. Following the end of the**
**period however, the charity was awarded**
**grant funding from the local authority.**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**There are none. Since the end of the**
**period, the charity has been awarded**
**grant funding by the local authority.**
**Additionally, GAPA will be moving to**
**superior facilities in 09/2021 which is**
**likely to see a big improvement in student**
**numbers.**| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Because of the extent that the charity has**
**been compromised in achieving its**
**objectives during this period, the**
**Trustees will not be providing any**
**optional information in this report.**| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Memorandum and articles of association.**| |How is the charity
constituted?
(e.g., unincorporated
association, CIO)|Para 1.25|**Company limited by guarantee.**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**The Chair of Trustees is the Founding**
**Director. Trustees are selected from the**
**parents of the student body. All Trustees**
**are volunteers and all applications to join**
**are considered by the board and voted on**
**accordingly. The charity has a minimum**
**of 3 trustees which is a quorum and the**
**board must always be an odd number to**
**prevent deadlock.**| **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|**Because of the extent that the charity has**
**been compromised in achieving its**
**objectives during this period, the**
**Trustees will not be providing any**
**optional information in this report.**| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|The Gielgud Academy Trust| |---|---| |Other name the charity uses|The Gielgud Academy of Performing Arts| |Registered charity number|Company Limited by Guarantee No. 10379861 Registered
Charity No.1186845| |Charity’s principal address|Unit 5B, More House Farm Business Centre
Ditchling Road
Wivelsfield
East Sussex, RH17 7RE| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||T Piers Gielgud|Chair|Wholeyear|N/A| ||David Mordecai||Wholeyear|| ||Elizabeth Thomas||Resigned 30/09/2020|| ||Catherine
Greenwood||Appointed 30/09/2020|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name T Piers Gielgud David Mordecai Catherine Greenwood** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |**N/A**||| |||| |||| |||| |||| |||| |**Funds held as custodian trustees on behalf of others**|**Funds held as custodian trustees on behalf of others**| |---|---| |Description of the assets
held in this capacity|N/A| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/A| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets|N/A| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**|**Name**|**Address**| |---|---|---| |**adviser**||| ## **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees Signature(s) Full name(s)** Thomas Piers Gielgud **Position (eg Secretary,** Chair **Chair, etc)** **Date** 30/07/2021 Company registration number: **10379861** THE GIELGUD ACADEMY TRUST Company limited by guarantee UNAUDITED FINANCIAL STATEMENTS for the year ended 30 September 2020 ## Umpleby Accountancy Basepoint Business Centre, Bridge Road, Haywards Heath, West Sussex, RH16 1UA, United Kingdom ## THE GIELGUD ACADEMY TRUST ## Unaudited Financial Statements ## Year ended 30 September 2020 |CONTENTS|PAGE| |---|---| |Offcers and Professional Advisers|1| |Directors’ Report|2| |Accountant’s Report|3| |Income Statement|4| |Statement of Financial Position|5 - 6| |**The following pages do not form part of the fnancial statements**|| |Detailed Income Statement|7 - 8| ## THE GIELGUD ACADEMY TRUST Officers and Professional Advisers Year ended 30 September 2020 Directors THOMAS PIERS GIELGUD DAVID JONATHAN MORDECAI ELIZABETH ANNE THOMAS (resigned 30/09/2020) CATHERINE GREENWOOD (appointed 30/09/2020) Basepoint Business Centre Bridge Road Haywards Heath West Sussex RH16 1UA United Kingdom Accountant Umpleby Accountancy Basepoint Business Centre Bridge Road Haywards Heath West Sussex RH16 1UA United Kingdom 1 ## THE GIELGUD ACADEMY TRUST ## Directors’ Report ## Year ended 30 September 2020 The directors present their report and the unaudited financial statements of the company for the year ended 30 September 2020. DIRECTORS The directors who served the company during the year were as follows: THOMAS PIERS GIELGUD DAVID JONATHAN MORDECAI ELIZABETH ANNE THOMAS (resigned 30/09/2020) CATHERINE GREENWOOD (appointed 30/09/2020) ## SMALL COMPANY PROVISIONS This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. This report was approved by the board of directors on 28 June 2021 and signed on behalf of the board by: THOMAS PIERS GIELGUD Director 2 ## THE GIELGUD ACADEMY TRUST ## Report to the directors on the preparation of the unaudited statutory financial statements of THE GIELGUD ACADEMY TRUST Year ended 30 September 2020 As described on the statement of financial position, the Board of Directors of THE GIELGUD ACADEMY TRUST are responsible for the preparation of the financial statements for the year ended 30 September 2020, which comprise the income statement and statement of financial position. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us. Umpleby Accountancy Basepoint Business Centre Bridge Road Haywards Heath West Sussex RH16 1UA United Kingdom Date: 28 June 2021 3 ## THE GIELGUD ACADEMY TRUST ## Income Statement ## Year ended 30 September 2020 |THE GIELGUD ACADEMY TRUST
Income Statement
Year ended 30 September 2020||| |---|---|---| |Turnover
Other income
Staff costs
Other charges
**(Loss)/proft**|2020
£
108,299
22|2019| |||£| |||102,955| |||18| ||108,321
(50,918)
(59,660)|102,973| |||| |||(45,425)| |||(56,322)| ||(2,257)|1,226| |||| 4 ## THE GIELGUD ACADEMY TRUST ## Statement of Financial Position ## 30 September 2020 |THE GIELGUD ACADEMY TRUST
Statement of Financial Position
30 September 2020||| |---|---|---| |Current assets
Creditors: amounts falling due within one year
**Net current (liabilities)/assets**
**Total assets less current liabilities**
**Capital and reserves**|2020
£
962
(1,993)|2019| |||£| |||1,727| |||(501)| ||(1,031)|1,226| ||(1,031)|1,226| |||| |||| ||(1,031)|1,226| |||| NOTES TO THE FINANCIAL STATEMENTS ## **1 General information** The company is a private company limited by guarantee and is registered in England and Wales. The address of the registered office is Basepoint Business Centre, Bridge Road, Haywards Heath, West Sussex, RH16 1UA, United Kingdom. ## **2 Average number of employees** The average number of persons employed by the company during the year was 3 (2019: 3). For the year ending 30 September 2020, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors’ responsibilities: - The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; - The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. 5 ## THE GIELGUD ACADEMY TRUST Statement of Financial Position (continued) 30 September 2020 These financial statements were approved by the board of directors and authorised for issue on 28 June 2021, and are signed on behalf of the board by: THOMAS PIERS GIELGUD Director DAVID JONATHAN MORDECAI Director CATHERINE GREENWOOD Director Company registration number: 10379861 6 ## THE GIELGUD ACADEMY TRUST ## Detailed Income Statement ## Year ended 30 September 2020 TURNOVER |TURNOVER||| |---|---|---| |Sales
OTHER INCOME
Interest on bank deposits
STAFF COSTS
Wages and salaries
OTHER CHARGES
Equipment hire
Rent
Travelling
Advertising
Printing, postage and stationery
Telephone
Computer costs
Accountancy fees
Professional fees
Management charges payable
General insurance|2020
2019
£
£
108,299
102,955
2020
2019
£
£
22
18|| |||18| |||| ||108,321|102,973| ||2020
2019
£
£
50,918
45,425
2020
2019
£
£
15,517
15,140
4,800
4,347
824
282
5,967
5,630
260
356
691
-
783
1,241
425
495
1,769
10,857
26,350
16,790
508
553|| |||| |||2019| |||£| |||45,425| |||| |||15,140| |||4,347| |||282| |||5,630| |||356| |||-| |||1,241| |||495| |||10,857| |||16,790| |||553| 7 ## THE GIELGUD ACADEMY TRUST ## Detailed Income Statement (continued) ## Year ended 30 September 2020 |Repairs and maintenance
Bank charges
Subscriptions
**(Loss)/proft**|287
36
1,443|-| |---|---|---| |||38| |||593| ||59,660|56,322| |||| ||(2,257)|1,226| |||| ## 8 Registered Number 10379861 THE GIELGUD ACADEMY TRUST .Micro-entity Accounts 30 September 2020 THE GIELGUD ACADETrIY TRUST Registered Number 10379861 licro-entih" Balance Sheet as at 30 September 2020 Nole.f 21)21) 2(JJ9 Current Assets 962 1.727 Creditors: amounts falling due wlthfin one year INet current assets (liabililies) (1,993) (501} 11,031) 1.2?6 Total assets less current liabilities (1,031) 1,226 Total net assets {liabilities) (1.031) 1,226 Reserves (1.031) 1,226 For the year ending 30 September £020 the company was entitled to exemption under section 47- of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the rquirements of the Companies Act ?006 with respecl to accounting records and the preparation of accounts. The accounls haN'e been prepared in accoTdance with the Illicro￿nt1lY proYi5ions and delivered in accordancc with thc provisions applicablc to companics subjcct to thc small companics rcgimc. Approved by the Board on 28 June 2021 And signed on their behalf by: THOMAS PIERS GIELGUD, Director DAVID JONATHAN I￿10RDECAI, Direetor THE GIELGUD ACADETrIY TRUST Registered Number 10379861 Notes to the Micro-entitv Account5 for the period ended 30 September 2020 Employees 2020 2019 Averagc numbcr of employees during the pcriod This docum¢nt was d¢liver¢d using ¢leclronic communications and authenticaled in accordance with the r¢gistrar's rules r¢laling to ¢l¢ctronic forni. authentication and mann¢r ot delivery under s¢¢tion 1072 of the Companies Act 2006.