2022-09-30-accounts - The Gielgud Academy Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From 01/10/2021 Period start date To 30/09/2022 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 N/A Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by

volunteers

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 2021/2022 school year was compromised by the effects of the COVID 19 Pandemic. After a 4 year re- location to Great Walstead School, GAPA was able to reopen on 01/09/2021 in its original home at the Hub in Haywards Heath College. The students were thrilled to be able to dance and perform in its wonderful, specially built performing arts facilities and studios. In April 22, our Head Girl Eve Lewis and our Dance Captain Eve Lewis achieved places on the BA Hons Ballet Performance course at the School of Ballet Theatre UK, which they have both accepted, in spite of being awarded places at London Studio Centre, London Contemporary Dance School and Northern Contemporary Dance School. They start at BTUK in September 22. On July 2nd & 3rd we were able to hold our first GAPA show back at the Hub since the closure of the Central Sussex College in 2017. Sadly our long time Patron Dame Beryl Gray was unable to attend because of illness, but Prizegiving was presided over by Principal Suzanne Gielgud, who also directed the show, and ably assisted by Patron Alfreda Thorogood and by former GAPA pupil now West End star Matt Trevorrow. Our new Head Girl was announced as Bella Evans, with Ella Richardson announced as Head Prefect and Libby Saunders announced as Dance Captain. A full list of medal winners can be found on our website. 26th August was the last day of our week long Summer School which was a performance of some superb student choreography.

Additional information (optional)

You may choose to include further statements where relevant about:

N/A Achievements against Para 1.41 objectives set Performance of Para 1.41 fundraising activities against objectives set Investment performance Para 1.41 against objectives Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Because of the COVID 19 pandemic and a 2nd lockdown, the charity again started and finished the period in deficit but by significantly less than the previous year. Student numbers increased but to nowhere near pre- COVID levels. This period the Charity again successfully claimed a support grant from the local authority.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The only reason for reserves would be to pay rent and bills for the office space, in the event of no income. Staff are all freelance or volunteer so there is no payroll to maintain and we only pay for the performing arts facilities when we use them.
Amount of reserves held	Para 1.22	0
Reasons for holding zero reserves	Para 1.22	Not enough income.
Details of fund materially in deficit	Para 1.24	£787
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	There are none. The improvements continue since moving into improved facilities.

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	N/A
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 also 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:	Additional information (optional) You may choose to include further statements where relevant about:	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	N/A
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 (GAPA)
Registered charity number	Company Limited by Guarantee # 10379861 Registered Charity # 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

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
T Piers Gielgud	Chair	Whole Year	N/A
David Mordecai		Whole Year
Catherine Greenwood		Whole Year

– 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 26/07/2023

Company registration number: 10379861

THE GIELGUD ACADEMY TRUST Company limited by guarantee UNAUDITED FINANCIAL STATEMENTS for the year ended 31 August 2022

THE GIELGUD ACADEMY TRUST

Unaudited Financial Statements

Year ended 31 August 2022

CONTENTS	PAGE
Offcers and Professional Advisers	1
Directors’ Report	2
Income Statement	3
Statement of Financial Position	4 - 5
The following pages do not form part of the fnancial statements
Detailed Income Statement	6 - 7

THE GIELGUD ACADEMY TRUST

Officers and Professional Advisers

Year ended 31 August 2022

Directors

THOMAS PIERS GIELGUD

DAVID JONATHAN MORDECAI CATHERINE GREENWOOD

Registered office

Basepoint Business Centre Bridge Road Haywards Heath West Sussex RH16 1UA United Kingdom

THE GIELGUD ACADEMY TRUST

Directors’ Report

Year ended 31 August 2022

The directors present their report and the unaudited financial statements of the company for the year ended 31 August 2022.

DIRECTORS

The directors who served the company during the year were as follows:

THOMAS PIERS GIELGUD

DAVID JONATHAN MORDECAI

CATHERINE GREENWOOD

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 May 2023 and signed on behalf of the board by:

THOMAS PIERS GIELGUD

Director

THE GIELGUD ACADEMY TRUST

Income Statement

Year ended 31 August 2022

Turnover Other income Cost of raw materials and consumables Staff costs Other charges Loss	Year to 31 Aug 2022 £ 100,938 5,000	Period from 1 Oct 2020 to 31 Aug 2021
		£
		82,485
		24,208
	105,938 (3,777) (50,086) (52,862)	106,693

		(1,859)
		(68,398)
		(44,012)
	(787)	(7,576)

THE GIELGUD ACADEMY TRUST

Statement of Financial Position

31 August 2022

Current assets Creditors: amounts falling due within one year Net current liabilities Total assets less current liabilities Capital and reserves	2022 £ 1,041 (10,435)	2021
		£
		944
		(9,551)
	(9,394)	(8,607)
	(9,394)	(8,607)


	(9,394)	(8,607)

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 (2021: 3).

For the year ending 31 August 2022, 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.

These financial statements have been prepared in accordance with the micro-entity provisions.

THE GIELGUD ACADEMY TRUST

Statement of Financial Position (continued)

31 August 2022

These financial statements were approved by the board of directors and authorised for issue on 28 May 2023, and are signed on behalf of the board by:

THOMAS PIERS GIELGUD Director

DAVID JONATHAN MORDECAI Director

CATHERINE GREENWOOD

Director

Company registration number: 10379861

THE GIELGUD ACADEMY TRUST

Detailed Income Statement

Year ended 31 August 2022

TURNOVER

TURNOVER
Sales OTHER INCOME Government grant recognised directly into income Other income COST OF RAW MATERIALS AND CONSUMABLES Purchases STAFF COSTS Total wages and salaries	Year to 31 Aug 2022 £ 100,938 Year to 31 Aug 2022 £ - 5,000	Period from 1 Oct 2020 to 31 Aug 2021
		£
		82,485

		Period from 1 Oct 2020 to 31 Aug 2021
		£
		18,708
		5,500
	5,000	24,208

	105,938	106,693
	Year to 31 Aug 2022 £ 3,777 Year to 31 Aug 2022 £ 50,086

		Period from 1 Oct 2020 to 31 Aug 2021
		£
		1,859

		Period from 1 Oct 2020 to 31 Aug 2021
		£
		68,398

THE GIELGUD ACADEMY TRUST

Detailed Income Statement (continued)

Year ended 31 August 2022

OTHER CHARGES

Equipment hire Rent Motor expenses Travelling Subsistence Advertising Printing, postage and stationery Telephone Computer costs Accountancy fees Professional fees Management charges payable General insurance Repairs and maintenance Bank charges Subscriptions Loss	Year to 31 Aug 2022 £ 27,017 5,000 - - - 4,180 1,591 1,118 462 425 1,065 8,500 602 1,371 - 1,531	Period from 1 Oct 2020 to 31 Aug 2021
		£
		12,216
		4,400
		2,359
		55
		56
		2,055
		304
		866
		1,203
		425
		1,771
		16,000
		582
		244
		36
		1,440
	52,862	44,012

	(787)	(7,576)

ACCOUNTANT

IAN UMPLEBY

BASEPOINT BUSINESS CENTRE BRIDGE ROAD HAYWARDS HEATH WEST SUSSEX RH16 1UA

Independent examiner’s report to the trustees of The Gielgud Academy Trust

I report to the trustees on my examination of the accounts of The Gielgud Academy Trust (the Trust) for the year ended 31[st] August 2022.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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:

accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Signed:

Ian Umpleby

Name: Ian Umpleby

Address: Basepoint, Bridge Road, Haywards Heath, West Sussex, RH16 1UA

Date: 18[th] July 2023

TELEPHONE: 01444 847415 - FACSIMILE: 01444 849251 - MOBILE: 07711 430 220