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2022-03-31-accounts

Charity number: 1188196

ThickSkin Theatre

Report of the Trustees and Unaudited Financial Statements

For the year ended 31 March 2022

ThickSkin Theatre Contents Page For the year ended 31 March 2022

Report of the Trustees 1 to 8
Independent Examiner's Report to the Trustees 9
Statement of Financial Activities 10
Statement of Financial Position 11
Notes to the Financial Statements 12 to 19

ThickSkin Theatre Report of the Trustees

For the year ended 31 March 2022

The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2022. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).

INTRODUCTION

As we reflect on the last year, many arts leaders agree that it has been a turbulent time for the sector. We are continuing to operate against the backdrop of the global pandemic with additional challenges due to rising inflation, the implications of Brexit and reduced audiences for theatre. It is too early to tell how the sector will recover, but despite the difficulties there have been many positives to celebrate. Not least due to an increased openness for partnerships between cultural organisations; ongoing review of best practice to retain talent in the sector; and embracing digital as a means of improving access to the arts. ThickSkin has positioned itself well as a relevant and dynamic organisation, modelling innovation and positive change. We are in a strong position to continue delivering impact through our charitable activities.

It has been a year of growth for ThickSkin, demonstrating that our vision and strategy combined with a fleet of foot operating model is resilient. Since the pandemic began, we've maintained a positive cash position. We have utilised grants available to us, as well as generating earned income through a high level of artistic output. In the process, we protected pay for freelancers; upskilled early career artists to develop skills for digital-theatre and improve their employment opportunities as a result; pioneered two new forms of digital theatre and engaged audiences in some of the most deprived areas of the UK, with a combined reach of 3,252 beneficiaries in 2021/22. This enabled us to increase our capacity and grow revenue. With support from the Cultural Recovery Fund (CRF), we finish 2021/22 achieving our free reserves target.

Over the last two years as a new charity, ThickSkin has demonstrated its ability to respond quickly and inventively, with an emphasis on supporting freelancers and young artists in our network. However, for the young people and artists we work with, opportunities to work in the wider sector have become scarce and training opportunities have not yet evolved to respond to the new landscape for the arts. Our charitable work is needed more than ever. Drawing on our personal experience and our track-record for developing new talent, the staff and Trustees at ThickSkin have worked together to address these needs through a new strategy. We will continue to create highly visual, physically driven theatrical productions for small and middle-scale touring. We will work across the UK, with a focus on developing emerging talent and inspiring young people through our work. We are committed to supporting aspiring and emerging artists from disadvantaged backgrounds, with particular focus in the North West and Yorkshire, through education, training and employment in the arts. We will complement our productions with a range of activities designed to create solid progression routes for both young people and emerging artists, opening access to professional artistic practice and widening access to the arts, with the long-term view to build a new model that will contribute towards positive change in our sector.

The following report and financial statements conclude ThickSkin's second year as a charitable incorporated organisation. One which has built strong foundations for our future reach and impact.

OBJECTIVES AND ACTIVITIES

Principal aims and objects

Our charitable objects as stated in our governing document is to advance education for the public benefit by the promotion of the arts, in particular but not exclusively the performing arts through high quality productions, educational workshops and events.

Vision

Extraordinary stories told in unexpected ways.

Mission

Our mission is to reinvent 'theatre'* for the next generation.

We are reimagining what theatre can be and looking to share human stories through quality, future-facing, multi-disciplined formats. We're developing 360° artists of the future for a hybrid world where physical and digital collide in more ways than ever before.

Aims

Staging extraordinary stories, through high quality, multi-artform productions. We will produce and tour new work, created by word-class, multi-skilled creative teams. We'll attract ambitious partnerships to ensure we reach under-served communities across the UK. Our digital initiatives will improve access and deepen engagement with live work. We aim to engage and inspire the next generation of theatre audiences.

*multi-faceted, multi-form, multi-accessible, multi-skilled intersection of physical + digital.

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Advancing and influencing the sector by developing 360° artists of the future.

We will provide paid development for early career artists to work alongside experienced creative teams, with an emphasis on cross-disciplined practice. We'll offer onward support, networking and advocacy for opportunities that help make arts careers viable for a multi-hyphenate generation.

Empowering young people through creativity by sharing our multi-disciplined process and professional practice. ThickSkin's creative learning programme is designed to empower young people as the next generation of artists. Our activities will take place in communities, schools and through digital initiatives. Through creative tasks, we'll share our expertise in collaborative theatre making, physical devising and use of technology, providing the tools to reimagine what theatre can be.

Embracing an entrepreneurial spirit to run our organisation with flexibility and sustainability. Through our dynamic, fleet-of-foot business model we will continue to build a stable organisation and grow our profile. We look to inform the sector through our approach to digital initiatives and forward-thinking approach.

Values

Public benefit

The members of the Board confirm that they have complied with their duty under the Charities Act 2011 to ensure the charity provides public benefit. They have considered the public benefit guidance published by the Charity Commission and believe that they have followed its guidance in this area.

The annual report gives a detailed description of the activities undertaken by the charity during the period to achieve its charitable purposes, and the Board are satisfied that all such activities provide public benefit.

ACHIEVEMENTS AND PERFORMANCE

Producing live work was risky this year due to the ongoing pandemic. Instead of rushing to return to touring live theatre shows, we continued to roll out pioneering digital projects as 'evergreen content', including the Virtual Reality production - Petrichor , and the immersive audio Walk This Play ® series. We presented Shade as an outdoor pop-up spectacle to celebrate LGBTQ+ pride. To ensure future sustainability and income potential, we developed a pipeline of new stage productions through research and development workshops. By March 2022 we were ready to embark on production a new live stage production for touring, titled Blood Harmony .

As a small organisation, our contribution to the sector continues to be impressive for our scale. We are proud to have offered 104 paid engagements to artists this year, including creatives, producers, technicians and other arts specialists. Furthermore, 2,531 audiences experienced our productions live and online, with 617 young people taking part in outreach activities and over 31,000 people engaging with us through other online digital content, plus national television and radio coverage reaching thousands more. We have continued to grow our profile regionally and nationally as a small organisation with big ambition, delivering high-quality, multiform theatre and engagement activities.

“ThickSkin are known for exploring work that challenges, work that provides new learning opportunities for all involved, reimagining what theatre can be, and at its heart, telling human stories.” Manchester Theatres

During 2021/22 we delivered the following activities:

Productions

Throughout the year we were busy developing several new projects. We have focused on creating a varied repertoire of work for the stage and for non-traditional spaces, across different scales and testing the boundaries of what theatre can be. This includes a mixture of live and digital productions, micro-productions and full-scale touring work.

Blood Harmony

Through a development workshop in August 2021, we continued to develop our mid-scale touring production, Blood Harmony . Co-created by Mathew Bulgo, Jonnie Riordan and Jess Williams, the workshops afforded time to develop the script and explore the physical world of the play. We also worked with Musical Director, Kate Marlais to try new arrangements of music by well-known artists, The Staves. This being the first time we have created a show with live singing, this offered rich learning

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ThickSkin Theatre Report of the Trustees Continued For the year ended 31 March 2022

By March 2022 we had secured Lawrence Batley Theatre, Watford Palace Theatre and Wales Millennium Centre as co-producing partners and The Lowry offered substantial in-kind support towards creating this new show. We engaged the creative team, including Matthew Bulgo as playwright, Jonnie Riordan and Jess Williams as co-directors, Kate Marlais as Musical Director and arrangements, and Hayley Grindle as designer. We were also delighted to continue to champion new talent, by engaging a team of under 26 years olds in key roles, including Tom Robbins as Production Manager, Charly Dunford as lighting designer and a number of others in key on and off-stage roles. Casting was underway and we offered the roles of three sisters to a diverse cast of actors, representative of several ethnic backgrounds and gender identification, which we believe helps elevate the universality of the story.

Blood Harmony is a show about three sisters dealing with loss of a parent. It is an uplifting and universal story about moving on, and the healing power of family. This is a show for anyone who's ever shared tears and laughter to cope with loss. At the time of writing this report, Blood Harmony has completed a three-week run to a combined audiences of 1,372 in Huddersfield, Salford and Lancaster, and will be transferring to the Traverse Theatre, Edinburgh in August 2022. Of over 100 audiences who responded to our survey, 88% said it was different to anything they had ever seen before, 81% thought the production was ground-breaking and 81% would be highly likely to attend another show by ThickSkin.

“An engaging and enthralling experience” ★★★★ North West End

“Blood Harmony will make you value the things that matter like never before” ★★★★ Manchester Theatres

“Fantastic use of The Staves music to express characters emotions raw, believable portrayals of loss and displayed a sister's relationship incredibly well The moments of sadness were poignant and really special to watch. I would 100% come and watch again.” Audience member

Walk This Play

Our Walk This Play ® series continued to be rolled out around the UK, receiving commissions from a number of regional theatres looking to serve their audiences while their doors remained closed. The series, which is hosted on our unique smart app, can be accessed via Google Play and App Store. We secured a trademark and, working with app-developers Echoes, invested in enhanced features to improve the app functionality. This included the ability to integrate the app with traditional box office software, such as Spektrix, giving us the ability to sell tickets for the experience through our partner venues. With that said, four of the five experiences available on the app remain free of charge for audiences. Our Edinburgh experience is ticketed, to capitalise on the footfall of audiences during the Edinburgh Fringe.

Using narration and original music, Walk This Play ® stories take audiences on guided walks. The plays are location-specific and are created by local artists or with members of the community. All the plays showcase an early career writer, often narrated by famous or well-known local actors. We have worked in association with the Royal Exchange Theatre, towards our Manchester experience - Keep Going Then Vanish ; been commissioned by Step Up for Monuments in Ancoats; commissioned by Lawrence Batley Theatre for Your Time is Now in Huddersfield; also commissioned by Derby Theatre for Sorry I Disappeared in Derby; and in association with Traverse Theatre towards Eavesdropping in Edinburgh.

All of the Walk This Play ® stories have been continuously available since their launch and the app has now been accessible for a year. Once downloaded, audiences can take part as many times as they choose. A total of 1,111 audiences have taken part and the walks have been experienced on a total of 1,699 occasions.

“A colourful walk in the company of strangers.” ★★★★ The Guardian

“Brilliantly life-enhancing” ★★★★ The Scotsman

“This audio walking experience is entirely innovative” ★★★★ A Younger Theatre

Shade

In July 2021 we presented a pilot performance of a new dance show for festival touring, titled Shade . The piece was presented as part of Festival Oldham and Oldham Pride, with support from Oldham Coliseum. Shade is a bright, loud and vibrant performance to amplify and illuminate the value of difference. A show that explores moments of self-discovery and acceptance against the backdrop of contemporary queer culture. The work is choreographed by Neil Bettles and Jonnie Riordan, with sound design by Pete Malkin.

Following an open call and auditions, we engaged seven early career dancers with the aim of representing the breadth of LGBTQ+. This was a diverse cast, including ethnically diverse, non-binary and trans, disabled and neuro-diverse performers. Over two public performances in Oldham town centre 200 audiences experienced the show. It was a family event which got everyone dancing in the street.

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Shade has huge potential as an outdoor festival show, but we also learned that it offers real value as a show that can be presented in town centres in areas of lower arts engagement and for audiences for whom the subject matter might challenge their thinking. It invites audiences to consider their own identity as well as their acceptance and understanding of queer culture, while being family friendly and accessible.

“I loved that it captured pride as both a party and a protest, without compromising on either.” Audience member

“Great afternoon of public queer performance with the excellent Shade.” Audience member

Peak Stuff

We began developing Peak Stuff as a new stage production for studio theatre and non-traditional spaces. Peak Stuff is a co-creation between early carer playwright, Billie Collins and director, Neil Bettles. The process began through a commissioned project by Stage Directions to devise a theatre piece with young people from Pendleton Sixth Form College. Since then, they have completed a development workshop, working with a drummer and two performers to test and explore devised approaches to the theme, leading to use commissioning Billie to write a full-length play.

Peak Stuff is a lyrical, theatrical, multi-thread dive into young people's relationship with stuff. In an age of fast fashion, planned obsolescence, NFTs, thrifting, hoarding, minimalism, retail therapy, climate crisis and click and collect - what does it actually mean to 'own things'? Peak Stuff uses one performer and multiple stories to chip away at the role consumer culture has to play in coming-of-age and its impact on our sense of identity, conscious and choices.

Lawrence Batley Theatre will co-commission the play and Oldham Coliseum have offered to support the project, which we hope to realise in summer 2023.

Matchbox

During the year, we continued to tour our Matchbox project - Petrichor , which is a one-of-a-kind immersive Theatre in VR experience. 'Theatre in VR' describes ThickSkin's unique process of creating collaborative, devised theatrical experiences, filmed for 360° virtual reality. With a team of four facilitators, we toured to community settings and schools across regions of England with high levels of deprivation.

The opportunity to be a host venue for Petrichor was offered on a Pay What You Decide model. This allowed us to reach venues often overlooked by traditional theatre tours, as well as NPO venues finding alternative ways to connect with their audiences during lockdown. In the community, the experience was always free for audiences/participants and we offered to cover costs associated with attending Petrichor screenings, including travel and food.

During each Petrichor workshop, facilitators spoke with participants about their previous experiences of arts and culture. Despite our knowledge of the extensive barriers to access, most young people simply stated that theatre wasn't very interesting to them. Most participants associated theatre with traditional plays, particularly Shakespeare, which they were not interested in. However, they were highly enthusiastic about the opportunity to watch Petrichor because the experience included Virtual Reality. They did not perceive it as theatre, even though we created the work following a theatrical approach and format. Most said they would attend a similar show in the future and would recommend Petrichor to their friends. This feedback contributes to our ongoing research about how digital platforms can be an effective tool in developing new audiences for theatre.

Across two seasons of arts venue touring and a third in communities, we engaged 25 artists. We delivered 64 live events in 15 settings for 1,005 people, as well as 5,587 days of digital distribution through 46 regional partnerships which includes arts venues, community groups, schools and universities, reaching a further 2,390 audiences. Additionally, 1,971 young people took part in creative engagement activities. The project benefitted 5,391 people in total.

Through Petrichor , ThickSkin has showcased early career artists, supporting them to explore new digital approaches to theatre-making. The project offered multiple entry points to access, plus a Digital Learning Resource for deeper engagement.

“The experience was brilliant and the students have all been popping back to ask when they can do more of the same” Kingsway Park High School staff member

“The themes in the show felt really relevant to me” Starling participant

Discover

Discover is our creative learning offer for schools and youth theatres, complimenting the work created through other programme strands.

At the start of the year, ThickSkin received a commission through The Lowry's Stage Directions programme to develop a new

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piece of work about young people's hopes and dreams. The delivery team for ThickSkin includes Neil Bettles, Jonnie Riordan, Jess Williams and playwright, Billie Collins, in collaboration with 28 young people from Pendleton College in Salford. ?The students at Pendleton have become associate members of ThickSkin and the co-creation model is an important aspect of providing the young people with a professional experience. The project will result in a live production titled The Start Line , to be presented at Pendleton College in July 2021.

We later accepted a further commission through the Imperial War Museum North towards the annual event, Breaking The Silence . After recruiting 16 young people from across Greater Manchester we devised a unique movement and audio-visual experience exploring what contemporary 'remembrance' means to them to commemorate Remembrance Sunday. Over three events in November, the performance was seen by 300 audiences, including war veterans and those with lived experience of conflict. It was a privilege to work with those young people to explore a complex and emotional theme that received a positive response from the veterans.

Through the year, other workshops and residencies took place with London Southbank University, the National Theatre Drama Teacher Conference, Stage Directions teachers CPD and Young Vic Theatre. We plan to develop and offer a year-round programme of creative learning activities in future years.

Organisational development

Alongside the success of our artistic programme and solid financial position, we have invested time towards developing our organisation and people. We recruited Abi Beaven as a full time Administrator, whose role supports the leadership team - Laura Mallows as Executive Director and Neil Bettles as Artistic Director. Both Directors have increased their working hours to full time, reflecting the increased level of output achieved and intention to maintain. We worked with an expert fundraising consultant, Sylvain Malburet, to develop a strong case for support and implement our new trust fundraising strategy. One of our trustees, Toto Ellis, with his colleagues from the brand agency Here Be Dragon's, provided a pro bono workshop for our staff team to review and refresh our vision, mission and aims. We also engaged a leading Arts Business Consultant, Lucy Perman, to help guide us through a detailed and extensive process of applying to join the Arts Council England's National Portfolio (NPO). The trustees, leadership team and core staff worked collaboratively towards the development of the NPO application, which included workshops as sub-groups and as a full team. These meetings were creative, productive and helped to develop and strengthen plans for the application, which has in turn established the key elements of our four-year business plan. We will await the NPO outcome in autumn 2022 before finalising the business plan, with further support from Lucy Perman, to ensure our strategy is viable.

In preparation for the new financial year, the Executive Director worked closely with solicitors at Counter Culture LLP and ThickSkin's Finance, Risk and Audit sub-committee to establish a group structure for the charity and trading subsidiary (ThickSkin Productions Ltd, no. 11568661) which took effect from April 2022. In June 2022, ThickSkin also relocated from central Manchester to Wigan, a region which has been historically under-served by the arts and where there are high levels of deprivation. Wigan is geographically well-placed with good transport links and our focus on talent development and young people will have meaningful impact.

FINANCIAL REVIEW

Income

The turnover for the year was £248,252 - an increase of 28% on the previous year (2021: £193,852), or 51% including restricted funds brought forward for projects falling in this year. Income comprised £183,702 fundraised income (2021: £175,067), £64,268 from charitable activities (2021: £18,785) and £282 from other activities (2021: none).

We were very grateful for the invaluable support from all our funders, listed in note 2 of the accounts as well as those who support us through partnerships, programming, seeing our work and equipment hires. In particular, we would like to acknowledge continued multi-year support from Backstage Trust as well as the Project Grants and CRF support from Arts Council England.

Expenditure

Expenditure totalled £225,522, an increase of 62% on the previous year (2021: £139,088). This is broken down as £223,437 spent on the delivery of our charitable activities (2021: £137,780), with £2,085 (1%) towards raising funds (2021: £1,308). Productions expenditure was £106,073, the Matchbox programme cost £21,691, Discover expenditure totalled £13,096. Our general programme costs were £60,555, largely relating to costs eligible for CRF support, which in turn supported the programme delivery and continuity as a whole. Support costs were £22,021.

Balance Sheet

Note that trade debtors as described in note 14, related to invoices to co-producers of our production Blood Harmony, issued in March 2022 and paid in full by April 2022. While prepayments and accrued income (also note 14) includes grant income paid in arrears activity completed in-year, and prepayments for software and web-hosting.

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At year-end, we held £20,879 of fixed assets, which is primarily virtual reality hardware, technical production equipment and some office equipment. £5,439 is reflected as in-year depreciation.

Reserves Policy

The balance sheet shows total funds of £77,494 (2021: £54,764), split between restricted funds of £33,500 (2021: £44,865) and unrestricted funds of £43,994 (2021: £9,800). Restricted funds comprise of unspent balances on grants subject to grant conditions. Full details of these restricted funds can be found in note 16. Unrestricted general funds of £38,986 (2021: £9,899) represent the free reserves of the charity, and £5,008 funds have been designated by the trustees for future artistic programme activity.

ThickSkin's trustees have set a target for free unrestricted cash reserves equivalent to three months operating costs, which we were working to achieve by the end of March 2024. In 2021/22 this would be a target of approximately £31,000. With careful financial planning and thanks to support from the Culture Recovery Fund, this target has been achieved. With free reserves of £38,986, we have surpassed the target which is prudent given our anticipated growth in the following year.

Risk Management

ThickSkin's Directors have conducted a review of the major risks facing the organisation. A risk register is in place and is reviewed by the Finance, Risk and Audit sub-committee quarterly and updated with the full Board annually. Where appropriate, systems or procedures have been established to mitigate risks. As we look forward the primary risks for the charity include:

  1. The longer-term impact of external global events, including Covid-19 and the cost-of-living crisis. We are currently seeing a negative impact on income from ticket sales and a highly competitive fundraising climate with less funds available for a greater number of charities. We have mitigated this to some extent through robust health and safety measures, developing a varied programme of work, working to flexible timelines, and by maintaining low operating costs and an agile business model.

  2. Staffing capacity - mitigated through recruitment of an Administrator to assist with day-to-day operations and support with recruitment, induction and training of new temporary staff and freelancers. Also freelance resource has boosted capacity in areas such as fundraising, producing and marketing.

  3. Income targets - lessened through increased capacity, including ongoing support from an expert fundraising consultant working closely with the Executive Director. Further mitigation through a mixed funding model, with a focus on unrestricted multi-year grants and development of new work that has longer-term earned income potential.

STRUCTURE, GOVERNANCE AND MANAGEMENT

ThickSkin is the operating name of ThickSkin Theatre, which was formally constituted as a Charitable Incorporated Organisation (Registered Charity no: 1188196) on 26 February 2020.

As set out in the charity's constitution, there must be at least three charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees or appoint a new charity trustee. The maximum number of charity trustees is eight. The charity trustees may not appoint any charity trustee if as a result the number of charity trustees would exceed the maximum.

Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. We have inclusive trustee induction and onboarding processes to support those new to board membership and to meet access needs. These guidelines are based on charity sector good practice and include meeting the costs of attending Board meetings (travel, caring responsibilities), allocating a training budget for trustees, and assigning a Board Buddy for support and mentoring.

ThickSkin's Board is led by co-Chairs Inga Hirst and Jenny Langlands. The trustees meet quarterly plus an annual review and planning day. The trustees have delegated responsibility for financial scrutiny to the Finance, Risk and Audit sub-committee, with four trustee members. The sub-committee meets ahead of each Board meeting with detailed involvement during the annual audit. The Board operates within an agreed framework of understanding which all trustees sign up to. This comprises the Constitution, the Board Terms of Reference and a Register of Responsibilities, setting out levels of authority for Board and Executive.

The Conflicts of Interests Policy sets out how ThickSkin manages any conflicts including: individual Conflicts of Interest forms updated annually, or more often if required, by all trustees and the Executive; a combined Register of Interests for all trustees and the Executive; and a standing Board agenda item on Declarations of Interest.

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The Board is independent of the Artistic and Executive Directors, who are accountable to the Board and report at Board meetings. They participate in an annual appraisal with the Chair/s to review and set targets, agree professional development, and ensure wellbeing and access needs are being met.

The staff team is responsible for drafting key policies to ensure ThickSkin is legally compliant and follows sector good practice. These policies are read and approved by the Board, with an agreed cycle for review. Reports are presented to the Board enabling trustees to fulfil their legal responsibilities including health and safety and safeguarding.

Any safeguarding disclosures/concerns are handled by the Executive Director (Designated Safeguarding Officer) with Inga Hirst (Safeguarding lead for the Board). Any action required follows Manchester Safeguarding Children's Board Needs and Response Assessment Framework. Safeguarding incidents are reported to the Board, redacting personal or identifying data of individuals at risk.

Our trustees have expertise spanning theatre (artists and venue management), Arts Council NPO funding, communications and branding, law, and finance. They're predominantly North West and Yorkshire based. In 2023/24 we'll work on our trustee succession plan, continuing to ensure representation of the communities we reach, to refresh skills as required and ensure governance continuity. This process will follow our trustee recruitment approach, including open and transparent advertising to a broad range of outlets, networks, partners and communities, capitalising on our growing reach and profile, together with fair and inclusive selection processes.

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity ThickSkin Theatre Charity registration number 1188196 Principal address Studio 27, Gerrard Winstanley House Crawford Street Wigan WN1 1NA

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Toto Matthew William Joseph Ellis Inga Hirst (Co - Chair) Christopher Lawson George Sebastian Danczak Gurjinder Singh Kang Vanessa Pang Jennifer Langlands (Co - Chair) Independent examiner Amanda Hall Counterculture Partnership LLP Unit 115, Ducie House Ducie Street Manchester M1 2JW

Approved by the Board of Trustees and signed on its behalf by

25 July 2022 Jennifer Langlands Inga Hirst (Co-Chairs)

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ThickSkin Theatre

Independent Examiners Report to the Trustees For the year ended 31 March 2022

I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the charity'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 examiners statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. 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.

25 July 2022

Amanda Hall Counterculture Partnership LLP Unit 115, Ducie House Ducie Street Manchester M1 2JW

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ThickSkin Theatre

Statement of Financial Activities

For the year ended 31 March 2022

Notes
Income and endowments from:
Donations and legacies
2
Charitable activities
3
Other income
4
Total
Expenditure on:
Raising funds
5
Charitable activities
6/7
Total
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Unrestricted
funds
£
3,745
64,268
282
68,295
(2,085)
(27,562)
(29,647)
(4,553)
34,095
9,899
43,994
Restricted
funds
£
179,957
-
-
179,957
-
(195,875)
(195,875)
4,553
(11,365)
44,865
33,500
2022
£
183,702
64,268
282
248,252
(2,085)
(223,437)
(225,522)
-
22,730
54,764
77,494
2021
£
175,068
18,785
-
193,853
(1,308)
(137,781)
(139,089)
-
54,764
-
54,764

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ThickSkin Theatre Statement of Financial Position As at 31 March 2022

Notes
Fixed assets
Tangible assets
13
Current assets
14
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
15
Net current assets
Total assets less current liabilities
Net assets
The funds of the charity
Restricted income funds
16
Unrestricted income funds
16
Total funds
£
2022
20,879
20,879
37,157
36,761
73,918
(17,303)
56,615
77,494
77,494
33,500
43,994
77,494
£
2021
18,206
18,206
28,634
27,349
55,983
(19,424)
36,559
54,765
54,765
44,865
9,899
54,764

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

Jennifer Langlands Inga Hirst (Co-Chair) (Co-Chair)

25 July 2022

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ThickSkin Theatre Notes to the Financial Statements

For the year ended 31 March 2022

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to 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)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.

ThickSkin Theatre meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Going concern

The financial statements are prepared, on a going concern basis, under the historical cost convention.

Funds

The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.

Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully monitor the application of those funds in accordance with the restrictions placed upon them.

Incoming resources

All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:

Allocation and appointment of costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs may include any back office costs, finance, personnel, payroll and governance costs which support the charities programmes and activities.

Taxation

As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment 20% Straight line Fixtures and Fittings 20% Straight line

11 of 19

ThickSkin Theatre Notes to the Financial Statements Continued For the year ended 31 March 2022

2. Income from donations and legacies

Donations received
Grants received
Analysis of grants received
Arts Council England
Backstage Trust
D'Oyly Carte Charitable Trust
JRS government grant
Manchester City Council
Nationaly Lottery Community Fund
Sport England Funding
The Leche Trust
Three Monkies
ncome from charitable activities
Unrestricted funds
Matchbox
Income from charitable activities
Discover
Income from charitable activities
Production
Income from charitable activities
Artistic Programmes/Core
Income from charitable activities
Unrestricted
funds
£
103
3,642
3,745
Restricted
funds
£
-
179,957
179,957
2022
£
103
183,599
183,702
2022
£
125,189
30,000
3,500
2,811
15,099
-
-
2,000
5,000
183,599
2022
£
3,550
19,610
30,215
10,893
64,268
2021
£
13,975
161,093
175,068
2021
£
107,339
30,000
3,500
6,802
-
10,000
3,452
-
-
161,093
2021
£
15,398
2,050
1,259
78
18,785

3. Income from charitable activities

12 of 19

ThickSkin Theatre Notes to the Financial Statements Continued For the year ended 31 March 2022

4. Other income

Unrestricted funds
Other income
2022
£
282
282
2021
£
-
-

5. Expenditure on generating donations and legacies

Unrestricted funds
Donations
Support costs
2022
£
1,775
310
2,085
2021
£
1,308
-
1,308

6. Costs of charitable activities by fund type

Matchbox
Discover
Production
Supported Artists
Artistic Programmes/Core
Support costs
Unrestricted
funds
£
-
12,732
-
-
2,064
12,766
27,562
Restricted
funds
£
21,691
365
106,073
-
58,491
9,255
195,875
2022
£
21,691
13,097
106,073
-
60,555
22,021
223,437
2021
£
84,636
5,729
24,370
3,352
-
19,694
137,781

7. Costs of charitable activities by activity type

Support costs
Matchbox
Discover
Production
Supported Artists
Artistic Programmes/Core
Activities
undertaken
directly
£
21,691
13,097
106,073
-
60,555
201,416
Support costs
£
-
644
11,219
-
10,158
22,021
2022
£
21,691
13,741
117,292
-
70,713
223,437
2021
£
97,548
6,467
28,059
3,352
2,355
137,781

13 of 19

ThickSkin Theatre

Notes to the Financial Statements Continued For the year ended 31 March 2022

8. Analysis of support costs

Office costs
Finance
IT
Human Resources
Organisational
development
Insurance
Governance costs
Voluntary
Income
£
96
117
2
32
17
27
19
310
Discover
£
198
244
5
66
36
56
39
644
Production
£
3,457
4,248
87
1,151
622
968
686
11,219
Artistic
Programmes/
Core
£
4,533
342
4,007
93
50
78
1,055
10,158

8. Analysis of support costs

Office costs
Finance
IT
Human Resources
Organisational
development
Insurance
Governance costs
2022
£
8,284
4,951
4,101
1,342
725
1,129
1,799
22,331
2021
£
6,449
2,147
1,720
500
6,300
529
2,049
19,694

9. Net income/(expenditure) for the year

This is stated after charging/(crediting):

This is stated after charging/(crediting):
2022 2021
£ £
Depreciation of owned fixed assets 5,439 2,147
Accountancy fees 1,800 1,500
Staff pension contributions 1,433 580

14 of 19

ThickSkin Theatre Notes to the Financial Statements Continued

For the year ended 31 March 2022

10. Staff costs and emoluments

Total staff costs for the year ended 31 March 2022 were:

Salaries and wages
Social security costs
Pension costs
Staff numbers
2022
£
71,115
670
1,433
73,219
2022
4
4
2021
£
40,918
111
580
41,608
2021
3
3

12. Comparative for the Statement of Financial Activities

Income and endowments from:
Donations and legacies
Charitable activities
Total
Expenditure on:
Raising funds
Charitable activities
Total
Transfers between funds
Net movement in funds
Total funds carried forward
Unrestricted
funds
£
62,565
18,785
81,350
(1,308)
(19,694)
(21,002)
(50,449)
9,899
9,899
Restricted
funds
£
112,503
-
112,503
-
(118,087)
(118,087)
50,449
44,865
44,865
2021
£
175,068
18,785
193,853
(1,308)
(137,781)
(139,089)
-
54,764
54,764

15 of 19

ThickSkin Theatre

Notes to the Financial Statements Continued For the year ended 31 March 2022

13. Tangible fixed assets

Cost or valuation
At 01 April 2021
Additions
At 31 March 2022
Depreciation
At 01 April 2021
Charge for year
At 31 March 2022
Net book values
At 31 March 2022
At 31 March 2021
Fixtures and
Fittings
£
1,116
505
1,621
128
307
435
1,186
988
Computer
Equipment
£
19,237
7,607
26,844
2,019
5,132
7,151
19,693
17,218
Total
£
20,353
8,112
28,465
2,147
5,439
7,586
20,879
18,206

14. Debtors

Amounts due within one year:
Trade debtors
Amounts due by group and associated undertakings
Prepayments and accrued income
Other debtors
2022
£
14,537
28
22,041
551
37,157
2021
£
2,609
14,415
11,085
525
28,634

15. Creditors: amounts falling due within one year

Trade creditors
Other creditors
Accruals and deferred income
2022
£
2,094
3,849
11,360
17,303
2021
£
3,072
4,152
12,200
19,424

16 of 19

ThickSkin Theatre Notes to the Financial Statements Continued

For the year ended 31 March 2022

16. Movement in funds

Unrestricted Funds

Designated
Future Artistic
Programme
General
Programmes
Unrestricted Funds - Previous year
Designated
General
Programmes
Balance at
01/04/2021
£
-
9,899
9,899
Balance at
01/04/2020
£
-
-
Incoming
resources
£
-
68,295
68,295
Incoming
resources
£
81,350
81,350
Outgoing
resources
£
-
(29,647)
(29,647)
Outgoing
resources
£
(21,002)
(21,002)
Transfers
£
5,008
(9,561)
(4,553)
Transfers
£
(50,449)
(50,449)
Balance at
31/03/2022
£
5,008
38,986
43,994
Balance at
31/03/2021
£
9,899
9,899

Purpose of unrestricted Funds

Future Artistic Programme

Programmes Artistic programme

Restricted Funds

Artistic Programme
CRF 2
CRF 3
Matchbox
Productions
Balance at
01/04/2021
£
365
-
-
44,500
-
44,865
Incoming
resources
£
33,500
53,366
53,366
9,000
30,725
179,957
Outgoing
resources
£
(365)
(43,822)
(23,924)
(21,690)
(106,074)
(195,875)
Transfers
£
-
(9,544)
(29,442)
(31,810)
75,349
4,553
Balance at
31/03/2022
£
33,500
-
-
-
-
33,500

17 of 19

ThickSkin Theatre Notes to the Financial Statements Continued

For the year ended 31 March 2022

Restricted Funds - Previous year

Artistic Programme
Matchbox
Productions
Suppported Artists
Balance at
01/04/2020
£
-
-
-
-
-
Incoming
resources
£
1,110
67,200
40,741
3,452
112,503
Outgoing
resources
£
(5,730)
(84,635)
(24,370)
(3,352)
(118,087)
Transfers
£
4,985
61,935
(16,371)
(100)
50,449
Balance at
31/03/2021
£
365
44,500
-
-
44,865
Purpose of restricted funds
Matchbox
Audience development through digital arts
Productions
Theatrical productions for live and digital platforms
Artistic Programme
Creative learning experiences and resources
Suppported Artists
Talent development initiatives
CRF 2
CRF 2
CRF 3
CRF 3
17. Analysis of net assets between funds
Unrestricted funds
General
Programmes
Restricted funds
Artistic Programme
Tangible
fixed assets
Net current
assets /
(liabilities)
Net Assets
£
£
£
20,879
23,115
43,994
-
33,500
33,500
20,879
56,616
77,494

18 of 19

ThickSkin Theatre Notes to the Financial Statements Continued For the year ended 31 March 2022

Previous year

Unrestricted funds
General
Programmes
Restricted funds
Artistic Programme
Matchbox
Tangible
fixed assets
Net current
assets /
(liabilities)
Net Assets
£
£
£
18,206
(8,306)
9,900
-
365
365
-
44,500
44,500
18,206
36,559
54,765

19 of 19