REGISTERED COMPANY NUMBER: 0524J558 (England and Wal•sl REGISTERED CHARrrY MUMBER: 1194001 for 2024 LOSe Rogers Llmlted Columba Hou8• Adastr81 Pwk Malllesham Heath IPS 3RE
Ged(o Theatre ents of th financial slate for the Ye r Ended 31 Mar 2024 Introduction from the Chair of Tw8teè8 Rep of the Trustees 2 to 8 Indeynlent Examlnerfs Report Slalement of FInanCA Aclivibes 10 Balan Sheet 11 Cgsh Fl(vw Statement 12 Nolo8 lo the Cash FI stst9mrt 13 Nol89 lo the Flnand81 SlatgmwrtS 14 10 21 Dètamed Ststement of Finandal ALtiMIi 22 10 23
Gecko Theatre IntraUctiOn fr hech irof th Year Ende(1 1M ch2024 Th• creatN• secior is going through a peTiCrtI of great unrtAinty. and a8 we contknue to recoNw from the impact of the pandern and the subsequent eosl of l¥ing s15. Gecko fac8d SLvn? Incredible highs over the last year. as 17 as some th8llènges. Our p&ns for a pemi8nenl creall spa( are Tr)t pro3reswg a8 Flanned at the moment, and our long and protracted discussions wlh HMRC atoul theatre tsx uedTi were ev¢ntualty resolved- bul not befor8 the Arts council lemporarty IeaSed our ilsk raling due to thè cashllfm weJlems the delay eau5ed. However, we 180 opened our latest incredible produdion. lfjn. #t The National and took it on a twr of the UK. lQ"n has been a powerful 8xperfence for those that made r( and al have seen it. And, of only part of our crnalive actmty and wtput as we c¢nlinue to engagè in the educat81 seclor and continue th our hugely populw resIdenc& Th• trustees thank th8 tegm at GeL*o fty thek irb7edth harf work ov¢r the 18St year. during somè challenging time8. and expres$ our thanks to our fijndgrs and to our 8udie1 and parts"dpants ar%065 the UK and the world who support us and enjoy our work. Jon Neal. Chaw Page 1
Gecko Th Re for he st Marth 20 Th8 trustees are also di0 of the charity for th• puW$ of thè Ccrfnpanies Act 20rffj. wesenl their report wth the finanual ststements of the charty for the ended 31 March 2024. The trustees have adopted the promsions of AoUnting and Reporting by Chanlies". Ststement of Recommended Pra¢tice applicable lo chartbes preparing their &counts in aGcordanc¢ Imth the FinancHI Reporg sianoard appli1 in the UK and Republ of Irelwd IFRS 102) (effecti 1 January 2019). 0bleetlv ¥nd advitle• Obl¥clIv and aimi Gecko is an awar&vAnning and crftKlty &aimed physical theatrè company founded in 2001 by Musll Dlrector Amft L8hav. Ged(o produces origingl, amtitiou$ th8atrÈ productyon5. films. SspecC wod(, 4)eoal projeds, participatcry workshops and trwning. We are committed to CTeaty"ng wotks of outstanding be8y, meaningfvl r•lationshiJs wh partia'pgnts and audiances whilst nUring and develcying innovative arb.sts who can delNer bc4d creative ¢ngJg¢ment Gecko work and in-tum become lomorrow's su¢ce881ul ort91gatss tyjth in the UK and globalty. Our last produclions have focused on Amh's lamty mi&tiOn stories, h¢8 Je4¥i$h h8rit8ga and thè divwse Ilv8d experiene of the ensgmble. expressed Ihrough SyTnbJlism, geslure. movement, muslc and breath. The meellng point of Ilghting. sound, te¢hnieal rigour And human expressi makes Gecko a unloue ryealor in the World of theatre and dance. The company's works take F4ace IcKalty In Ipswth, aTrJ •round th* wofyj. The object¥ lor whkh th? ¢harTty 1$ 8Stablish8d, 8$ Set rArt in our govemkng dMent. and for the PLd)Ilc benofit are to.. . adv8nca th& grts through the eaOn and performance of wti81ic works - advance educauon In the ¥Ubl$) of artistic p¢rfOrn$n, in paiti0jr Imrt nol gxths6¥ety by the ddlvery of educational workshops. maglerdgsses. 8nd resldentkil cowse5 Page 2
Gecko he stees he Y r Ended 31 March 2 for 24 OblecUYe8 and acllvltl•4 Slgnlll¢ant acuvltles Achl¢vernvnts and P•rfomMnc• 202&24 Kkn UKTour 14 x performance8 of lfjn took rA8ce 8¢ regi01 UK Nwues (1 x Interprnw post shrm talk held #t each venue} 16 x wY8paround wcShOpS wlth refvgee and as)M¥S•$n9 woup8 ot each of the nUeS lfjn toured to. Kln Natlonal Thvtr• 19 x perfomiances ol lan Ic#Jk r4ac at the Nati1x1 The8tre (2 x post show tths, lx eapts'onod show. lx avdio described show with touch tour) 887 Students from 37 5thod$ partiopated in • School crfrfW. UK Work•hop• 5B in person workshop8 at 44 UK Uch48 with 1,028 students takirvJ pgrt in totsl. 6 CPD workshops comtAeted for 180 ieacheT5 across the UIL A8 part of Wolsgy 550. 15 Wrykshcys re8ching 366 wlmary 8dK Sludents ac1¥ IpAch. 1 x dlgital a&A ¥Alh UK •tho Int•rn•tlonl WOhOp 49 Intemallonal WorK8hop5 reathed 1,192 aludents, wrykni9 •yo•• 37 schooli Insblutton8. 3 InternOnal CPD Work¥hops vAlh 44 teachers. R••ld•ncl 4 x fivtrd8y rIderl•S ww• hold with attende88. TIth 14 parfldpants re¢¢Mnq BurJarfe• 019ltal Coniinulng relalonshlp wtth DlgH•fTheatre+ on a rollng ntract Th• W•dding. Inktitsrta 4nd OUT MaklNJ Tolal Theatre Documentsry are on Digttal Thtre+. KID, a lulgth ccprodu(on was c(¥nmls8longd by the Thutre •nd pwforniod to pacgd hous8$ during a thretrweek nm In January 2024. • Kln was ¢omml8sloned for th• fir81 tlm¢ by Natknal Thèatr•. Kln w8s seen by 18.340195% Gapaw) . The Nationol Th•otr9'1 slud•nt conf•r8nc• WA8 8ttwdgd ty 867 youw people, drama Jlud•nlJ and leachars. . 73% of th• audlence sampl8 ral¢d lQn 'ex¢ellent' w try gwl., . Kkn eX•ded awr40• pat11•rf¢f und•r 35's and MalNIty audl8nces. From H•r• On. 18 £T n•xt prc%luctl, a coll8borgtlM vAth Gotrj Chance Iwdk Iwth Amal) vthith invofvg8 over 2OJ young people perfornlng al tr•ln stations. harbour$ and ¥¢ho$ rètr8ryng Ihe Klndèrtransport roule through Berlln, The Hagu•, Harwi¢h, Dover and London ILfverFooI Street •t•Uonl, and marks th• 8Slh annlversary oftha lQndertT8n8POrt Ig on 88fg pa88ag8. Gecko h83 been gtanted projed lund8 of £165,Cth from NallM81 H1t•0• Lottery Fund lo dalhr From Hgr• On In 202 The Gec*o core team and operallons art based In CoQ> Junlm warehSe tsdllles kn Ipswkh wher• th• company has access to rthearsal spaces aNI a large stsre rrrtmn f(ff Sets, props and costume8. Page 3
of the r the Year ustees Ima Stratègie report Financlal rvl¢w The company is funded by Arts Counul England (ACE) and is a Nati¢)nal Portfolio Organisatlon INPO} with funding proded across the thY82r F4ri¢)d April 2ff23 lo March 2026. The company reports lo ACE through quarterfy monlloring, and an annual ststi5tical 3UT¥W and report. We also receNe yeaty funding from Ipswich Borough Council. lired to fflairttsinng cuf Naal P0110 Or9anlsation 5tstus with ACE. Our remaining funding is geneTed thrcxjgh Tru51 and Fwndatkns, IndMdu81 donation$, and InM• from Intamational and national touring, c¥ealr¥e engagement acbMty th schools 8nd I1e$, professional training and through ongag•ments. Flninclal re•uft¥ Th$ Ccrfnppny made a small defiat of £16k the >ar. Total reseffts thls were £401k with unspent reSeS for the Creatlon Space at £180k Isee Creation Sp8¢e se(111. £224k of Ihe rernaining reserves 81 year end we In Ihe form of iJela)d Theatr& Tax Rdef rec8w8ble from HMRC. These fvnds were eventualiv from HMRC May 2ff24. Crnallon Sp¢• (post bthnG¢ •he•l •v•nt The Creation Sp8¢e whith WAS 81$89•d to house the company. lh8 Tehearsals and artisli¢ actimlies has had lo be abandone(J. The Arts Gcund England, Ipswlth Borough Coun(¥l IIBCI and Gecko'8 Bo•rd ot Trustees and senior leadefship, carne to a deJ"$ion not to proceéd Ihe dewélopmenl ol the Creauon Space originaty •nM8aged. Whlle Ihls Is very disappointing, espe01Y 88 the rAanning liOd has spannod seven years. several rAIttsi lactor8 hov• been tak•n into Conserati indudlng offd#b - and the Impact of Inflation and Intere51 raleg whlch have In¢r8ase(J slgnKlcanlly slnGe the IncryOn of Ihls pr4eGt Iwg8id• •ito ¢on8tralnt8 induding a new •e whth was pmwded in error by IBC has taken timè to untsngle. As a result, the Arts Counal ha8 had to withdraw a ¢oPital gr•nt £750,cl0 CA1 grant and Garfield Weston Foundation's pledged grant of £150,OC(J h#8 baen relumod, lean0 the wolecl Unathleva8 for the fre8etsable fulure. Gecko Is looklng al other permittqd u¥e8 and Out¢>JM fty the un$pant £30k rals•d throy9h tho mdhjnder. Th88• ro$gNè8 wll rèmain rfnglenced In a s8parale accounl until a ded5bn Is made. Golng Conc•m Acroy the 2023r24 year, Gecko n8ed8d lo manage do8ety the unthe delay Sn 8Ottlemenl of the TTR dalm by HMRC. Wrth the settlement of Ihe c4tstanding matter 2024, Gaeko ld off oll short-t•mi (aahllow lo•n• ¥nd mo¥•d to 4 5•8 •¢ usua poli1. Th8 Tru51eè8 hov8 rè¥lthYe(I Ihg clrcumstan¢e5 of th8 Company and conJld¢r that adequate re8oyrc08 onUnu• to be WLIbl¢ to fund th• *cbNibe$ of th• Company for tha forég•o8bl8 fLrtur•. For this ro8son, the Trusle86 ¢onUnue to adopt the 901ry concem basls In wepwkng th• ffingnrAI •t•temMI•. Prfndpal fundlng •our¢ The company 18 funded byArts Coun¢31 Engl8nd (AGE) andls o Natlongl Portfcth Orygnlsatlon. The company report8 lo ACE through quartfjty monrtodng, an annu81 Statistical sumy and report. We 8180 fecelve yearly fundlng fr Ipswkh Borough Council, Ilnknd to mwntwnlig our N8u0n Pothlio Organi8atA?n $tAtuB with ACE. Our remalnlng luThJlng 18 genwated through Trust and FO¥t10. and IrK<¥n• from inl•mallond and naliongl louring, ueativti engagement acbW wfth school¥ and thges. prof8ssh)nal trilnuig and through comm•rcial engagemenl8. P•Je 4
Gecko Theatre Re ort of the trustees for the Year End Strat•glc rnport Flnancial review Inv•stmont pollcy The majority of the companls avalabk cash reserve¥ are rè4uired to finrA ils ongoing charitable oblecllves and therefore me amounl OT Spare Teserves to Invest Is minimal. Any spare resetves an(J all r85trict8d reserves are plac8d Sn an instsnt accss deposit aeo)unl wih our existing banking pmMdèr. Th• interest 8am8d on Ihese deposils wErn4ins rdati¥ty low. Interest eamed i• reinve8ted into delry of th companls core a1196. Rgserv Ged(D's policy is to maintain resenffts tl - Ca8h re3er¥e8 £40k al all limes - Gengral re59rves tsrget (r1 •ssets exkng Tho•h Tox Cr8diL Tclal Fixed Assèts and Restricaed Funds) is £60k 88 of 31 March oaeh 81 Given the unexpected and undve delay in receiving rrR funds Irom HMRC, the Bowd suspend this polky in December 2022. &nce receipt (rf the fvnds in May 2024, ho¥1)een r•podopt•d arKI th? Crynpany 18 compllant wrth tr pollcy. D¢•IgnAt Fund¥ R8sèrv8s may be designeled by the B08rd to part ¢x 1 8xp9ndthJro for fuiurè sp8dfic prol8cts. Once designal8d, On the Board may release dellgnatlon purwse than th¢ projo¢t for whlth 11 W88 d&sign8lad. Am exampl• of Ivlvre spend ftr wtk d81on81ion 18 8pproprial• may Indudo the developm8nl of a show or th• futur8 purehas8 of a lary• 488•t. Al Ihls Ilm&. Ged(o does not hold ary D¢sn•t8 Funds. R••trl¢t•d Fund• Restr1e Reserves w1 be held vthere lunds ralsed for speafic purposes have not yel expended. R8slrlcted funds were used costs incuThed durfng Ihe deveh)rMnenl rf the Geco Creation Space warehou$0 8it•, vth d?819n woth ¢ompl¢l durin9 thi8 pwiod tr8n8ferrad to deSan8 for the new Irt8 reCenY Idenlffied, lollowng a deuslon to swltth from conrt the wthuse to bulldlng from new, whkh Is expected lo be morè cog1 effectiw. At end of y••r. G•cko hc4d8 th• I19 R•8trlct•d Fund•'. - £179.S99 r8strid8d funds for us• on th$ G¢ko Creation Spac• $•0 Sp4c• not•) Flnanclal and rf•k manaq•m•nt obl•¢lfvM and poll¢l•• Geeko manag•8 it8 finAnciAI ri8k through a ri8k r8gi#t* IA updat•d and r8d by thè Board qvarterly. Thls rfsk report ¢thi$lders both flnandal and $tr8tfjgl¢ rf$k$ to Gecko. Th1$ r¢glstef 1$ shared th Arts CJJndl England on 8 qUY b88i&. Detalled flnandal fcrfeca8ls are upJated quartety and presented lo the Board tog8ther wlth wrltten ass•s8m•nt8 of lh• finaneial stalu$ of th• cpartY #nd for prol•ctlon• fty th• n•xt 2-3 y•arn. Wh•r• long-t•m proledions SndSc8te Bny risk lo the rese3 being 8theNpd, mitvJativg andlor correcllve actlon IB plannfjd and IfflF4gmgrrtwJ. •S
Gecko Theatre ort of the for the Year End 24 Str•tsgic r•port Futurn plans Gecko's Executive and Trustees arè rrentrY Undertaki a strategK reNi ith the aim of wothjung a Goherent and sustainable business F4an and assoaated operatrbg model refieding recent changes in the opfrraling enronMent. Gecko'5 major $tskeholders. Arts C(n¢1 England and Ipsith Borwgh Counul, ha4t hen •upportw¢ of this planned Tewcw and rtrneeti¢)n wod vthich is being led by an intsriffl Exe¢xtive DireclN. The process exkns the risks opp11[e$ the o)mpany is expCed to and map fArt a &>%ar pathway that transthons away from the weMou$ making and tcwjring modd and exploiis a widèr vi8w of Geckts's strengths and key opportunrbes. The rxjmpany ntèdg to Ixvot to meet three key obj'ectives.. To movè to th8 nèxt phase of Gecko's lilespan. re(wntslryJ the 9¢Y and artfonn importance of the 'Ga¢ko Mèthodoloo¥ and sealing tho practice of foundw Amrt Lahav a8 9n arli8t in n9tional gnd intomational demand To dtlw ACE slrat8glc otyecil4tt ltrin a slandslil fiJnding envehy. whlth Is based Its 6Ca in 2012 and does not Lmdèrwrilè a pure touring mod81 at Ihg Scale Gecko ncw oper8te8 3. P0Son the Creative Engagemenl prcrfjrarnme more centraty to th• companls sub5Klised ac¥ity a r¢$lllenl IMpttU1 wfjy of delwhg 8tskeholder obhethw and 88cJJrfng G•c&o's long-temi leggcy It Is réeognlsed that Gècko wlll need lo from 8 pro(lUcJC & lourkng modd and PLrt Its èn•roy and rèswrcès Into Craatlw Engag8rn8nt, the prOfeSor1 development of a$18, and bulldlng the Gecko methodology ond brand nationalty 8nd intem8tionaty- The Staffing Stmcture of the org8ni8ation will al80 n••d to gdapl lo reflect Ih8 rw4 focus. The new m(Mlel shoLld enable the company lo bulld up a m sustaÈnabJe ndraising po$thi)n, dgvekjp tha crèatr Enoagèmènl programme and exFkne international partnerships, so that by 2027 a ¥tsble Jnd buoy1 ¢ty• m¢)dd 81ts 8kngd• Il•xibl• eapauty lor perfAn PTOjQCtJ and assoclale shows. StructUTe. gov•rnance and man•i•m•nt Gov•mlng do¢um•nt Th8 comp8ny Is 8 charty limrt8d by guarantoe. inoJrpor3t8d on 28 September 2(NM. amended by $F4dal re801utkJn adopung new Arbdes of Assodation on 1 Aw'l 2021. #nd w8s enlerod tha R•gl$ter of Charflle$ on 8 Aprll 2021. Thè M•morandLtm of A8#odat •8tablish•d th• oti8etsvès and Pty1$ of th8 tharitBble company and 18 govemed under Artl¢l88 of Assodaith. In the event of the company belng wound up, members are requiied to contribute an amount not excn9 £1. A full review ol the Memorandurn and Artlcle$ of As$ociat¢on w•$ undwlakon during 2021 by $oliutors Birk• LLP. on$uring IhAt tha G0MIng document continu88 lo be fil for purpose. R•¢rultsn•nt 4nd #ppolnlJn•nt ol n•w tru¥tM• Tho 8klll8 of th• Board of TNst••8 8r• r•Nl•d r•guW. Wllh Giles Kerkh8m and Je8nelte Siddal standlng In M8rth 2023. Gecko appSnted Htslen Lannaghan and Arny Vaughan a¥ Tru¥lge¥ lo thv Gharfty. Both come wlth a weath of experknnce and expertlse wrthln tho sector, Helen as tjréctor of MIME London Ilormerty London Inlemat+onal Mlrne Fesllvall. and Amy 08 Executt Directrr & Deputy CEO of 8attmea Arts Conlrn (aThJ pre¥iw8ty DirerAor of ChaThJe Programmes and Tourk)g at ACE). New Trustee8 are r•wbted ¥i• Tt soror Man8gwn•nl Toam rK*ynMwNJali8. with tho Artisti Dtreuor ana at leasi one Twslee meeltng Ihe PDlenUol carKJIUale pllor lo Wn9 Invlled 10 5naaow LK)ar me81ings. Follcwing this. •M ¢andidat•$ #re vot•d uwn by ¢urr¢nt Tru$lo0s. On #ppoinlmenl, Twst•è6 are given the Company Memcmdwn and tiCleS of As50caalion. Ihe most recent business plan, minut85, and management accounts, along wllh access to fec(rted perfanCeS ol our th. New Ttuslees are also Invrted lo rneel all the core GerJ(o team. Page 6
Gecko Th for the Year Ended 31 March 2 24 Structur• uovornance and M•gonnt Organlsatlonal stru¢tur• The Board of Truslees meet on average ev quarter and 18 rrenY made of 5 members. The quorum f Trustees, rneelings cannot be kss than three tnjstees pRsenl in person, OT ¥ia digrtal conferendng or proxy. l Trustees give their time vduntarity and receive no remuneraiion cff other benefft from the charty. Trustees are responsible for the Strategic d¥econ olthe company. olor¥ wlth Its p¢llcl•s and for rnNiewing it8 financaal affairs. The datTrdaY cyeration of the (x)mpany ddegaled to the Sgnior M8n89èm8nt Team, vtho are responsible for ensuring the charity succes5fulty delrvers its charilable (le5 4nd meets Key porf0rn1once indi¢ath. Al arti8ti¢ planning d•?sion8 srn made by th8 Artlsiic lJr•dN. Each year the L¥mpany frtyn our freoEarKo team a paid rol8 obse(ng at our board meetings to gain experience of how a board works arKI to rewesent the irnportance of our freelance Irn •t the highe81 level of cwr company governanc•. The freelance board observer hos no votin9 right and Is
Gecko Thea ort of the trustees th l March 2024 fo R•fOrnn and adm5nl8trntiv• dotsil• Indop•nd•nt Examlnor Louise Rogers Limitad Columba Hou Adaslral Park Martlesham Heath IP5 3RE Sanior MafiAo•m•nt To•m Arnil Lahav. Artistic Director Paul Smelhurst, CreatNe Engagement PrLKlueer steve Allman, Head ol Operations and DeveioFKnent Ileft May 20241. Beth Cinamon. Head of Operations and Dahwent (J'oined May 2024). Evonts 8lnce the end of th• y•ar Infonnation rolaling to events Since the and of thg y6ar is gNen ui th• not8S to the financial 8t8tements. ic report, epYed by order of thè board of tru#tee8. as tha . and wgned on the board's behalf b R•port of the trustee8, i company dIr10T$. on ...... J N¢•l- Tru8t•• Page 8
Inde ndent examln Gecko theatre rfsre the trustees of Independent examlnerfs report to the tru$ttts of Gecko fthe ClKnpanl I report to th• Larity trust••s on my èxaminalicffl of th• yXJntS of the Company for the year ded 31 March 2024. RpOnsIbIl•S •nd baJl¥ of r•port As Ihe charitys trustees of the Company (and glso its directOTS for Ihè purwse5 of rA>mpany law) you are responsible for Ihe prewation of the Unts wi xwdance with the requiremerls of the Companies Act 2006 llhe 20l Ad). Hawng satisfied mpelf that the a¢cwnts ol the Company are ncl required to audited under Part 16 of tho 2(YJ6 Act and Are ellolt4e I( Indwdenl examinallon. I teFYt in respecl gf my examination of your Ghartws accounts as carried out under Section 145 of the Chorrbes Act 2011 Cthè 2011 Acfl. In carrTr9 wt my exarninatlon I have follow the Direckns by Ihe Charly Commissitin under Sedon 14515) (b) of th& 2011 Act. Ind•p•ndent ex8mln•e• statgm•nl Since your charitys gr055 Income exceeded £250,0 )u[ examlner must be a rnember of a listed body. I can confim thai l am qualrfted to undertake the examinati because l am 8 member of thè ~ERROR Tekvant profe88ional body mu8t be completod-. whith i¥ one of the li8t8d bodi•s. I ho comF4eted my •xamInati. I confirm that no Matt haw eoffle to my atttion In ¢Onn•d1 with th• examlnallon gmng me cause lo bell8¥e'. ¥¢¢ounllng rocord• ww• not k•pt kn res¢1 of th8 Comw)y required by Seon 386 of th0 21>J6 Ac£ OT th9 8ccounti do not accord with thow r8ects'. or the accounts do nol CoMY wth the awunllng requirements of Sec11 3% of the 2006 Act other than any requirement that the accounts give a true tffjd fair view whith 1$ not a m8tttrr eansidared 86 part ol en independent examingtion.. or the accountB have noi b88n pr8pared In Cdar wNh the methLJ8 kfjndpl¢• of the sts18ml of Recommended Pradlce for accounting and rewrDng by charitses (applicable lo chariligB weparing their •¢¢ounl¢ in occord•1 ilh tho Fin•nf4•1 R•pthng Standard •ppti¢•bla in tho UK and Rgpubllc of Ireland IFRS 1021). I have no rg)n¢•m8 and h8vg ¢4xn• acrom no othw mottws in conn•ditin lh8 •%amlnakn to attentson •hOLd be drawn In thls r•ptyl kn order to 0ble 4 pr(yer und¢rnt•rrfllng of the ?ntS to be reached. Loui8• R erg Loulse Roger8 Llmtteil Columba Hou$• Adaslral Park Martl8shom Huth IP5 3RE P*•
statement f financial acttvilies for th Year Ended 31 March 24 31.3.24 Totsl funds 31.3.23 Total funds Unrestrid Restricted fund fijnds Notes INCOME AND ENDOWMENTS FR(AI Donations and legaues 293. 99,165 392.770 260,46T Charftabl• actlvlOe• Production and parlirypdon ¢ost¥ 324.427 29,283 353.690 3,420 Investment income other Incorntr 14.811 3.748 14.811 3.746 144,672 Totsl 128.428 765.017 796,525 EXPENDITURE ON Rai%ng funds Charltabl• •ctlT4111•• ProdOn and parbdpation cJ)sts 649.485 131.099 no.584 810,477 Total 649,533 131,Cp39 780.632 910,484 MEf INCOMEIIEXPENDrruREI {12,9441 (2,8711 115.615) {113,959) REGONGILIATION OF FUNDS Total fund8 broughl I001d 184.132 252,572 418,704 TOTAL FUNDS CARRIED FORWARD 151.188 249.bY)1 401,089 416,704 The note8 lom part of these ffin8nd ¥tatemonts Page 10
ecko Theatr8 Balance sheet 31 March 2024 31.3.24 31.3.23 FIXED A8SETS Tangible assets 12 84,755 90,010 CURRENT SET8 Debtors Cash al bank 13 254.851 210.859 282.414 198.028 465.710 480.442 CREoFfoRS Amounts folling due within one y 14 (149.376} {153,748} NET CURRENT ASSET3 316,334 326.694 TOTAL ASSEf8 LESS CURRÉpir LIABILlEs 401.089 416.704 NET ASSEr3 401,089 416,704 FUNDS unrestred funds Restr8 funds 17 151.188 249.901 164 132 252,572 TOTAL FUND8 401.089 416,704 The Ch$ritab ¢c¥npary i# •ntild to 8xampknn from oudrt undér *iion 477 of th8 Compani8$ Act 2006 for the year ended 31 Mah 2024. The members have rnt wuired the company to obtsin an audtt of 118 financial statements for the year ended 31 Mar¢h 2024 in accce with Stn 478 of the CpanIeS 2008. Thè trust88$ %knNl8doe their resnbIll$ lor la) ensuring that th8 charilaNe cp8Y k•gps acmmling recorfs Ihat compty wth Sections 386 and 387 of the Compan3 Act 21Th an¢ Ib) pr•parlng finanTh818tatèm•nt• whth o trua and fair viow of th• •¢•l• Of affoir• of th• charitabl comp8ny as al the end ol each year and ol its surpkjs or dgficrt. for each fin8ncial year In
ceordAnco vith the rwuirem8nl# of S8etionÈ 394 and 30S and which othaDwi8o Comply with t
T0quirom6nt$ of th& Companles Act 2006 rdattng to flnancial $tst•m•nts. g) tsr as appjtsbla to the charitablé company. Th ci statements wore approved by the Board of Tru•to8s •rKI aulhorisod for M8u8 on .. 8nd WBTe syned on it8 beh811 by. J Neal - Tru$lg9 The note5 fonn part of these Ilnanclal 51atements Page11
Gecko Theatre Cash flow statement 31.&24 31.3.23 Notes Calh flows from op•rntlng acthiftles Cash generate(l from opwatbns Tax pald (189,157) (5,0461 Net ca$h provldgd byl{u¥ed in) operalvw acalwis 1194,205) Ca•h flow• from In¥ting activilio• PuTcha5e of tangibk ftxed 85se15 Sa18 of tangible fLxgd 8$s&1$ Intere81 rece (4.4461 112.780) 537 14,811 Nèt ¢ash provided byllused inl inve8ting aclimt 10.385 111.277) Ca•h Ilov•8 from fln•n¢lng •CtfvttI New loans in year 40.000 Net cabh provSd¢d 17nanring adi 40,000 Chango In cajh and c•h oqulval•nts In th• r•portlng p•rlod Cash and ¢g•h equlvl•nts atth• beglnnlng of th• r¢portlng p•rlod 12.831 1165,482) 198.028 363,510 Cash and cash •qulv•l•nts *tth• •nd olthe r•portSng p•rlod 210.859 198.028 The rw)tes fom part of these financl81 statements Page 12
Gecko Theatre 1 March 20 RECONCILIATION OF NEf EXPENDITURE TO 14eT CASH FLOW FROM OPERATING ACTMnES 31.3.24 31.3.23 Net exynditure loi the rnporting period IM per the Ststem•nt of Flnanclal Actlvrtleg) AdJu8lm•nts for. Depreciation charges Interest recÈSved D8cr8asIineraa8&I in débtors IDecreas&lnnu•ase In credilo 115,615) {113,95Y) 9,700 114.811) 27,563 14,371) 8,835 1966) {114.372) 31.505 N•t ea•h provld•d byllu••d Inl {189,15n ANALYSIS OF CHANGES IN NET FUNDS At 1.4.23 Cash flow Al 31.3.24 N•t rA•h Cash at bank 198.028 12.831 210.859 198,028 12,831 210,859 O•bt DelAJ tslllng due wthln 1 y 140. I40.) 140.1 140,OCQI Total 158.028 12.831 170,859 Th• note8 fom) part of th•w finanaal 8tat4nont• Pag8 13
Ged(o Theatr Notes to the financial statements for the r Ended 31 March 2 ACCOUNTING POLICIES Ba818 of preparfng the financlal statsments The finandal statements of Ihe dritas company. thich ks a public entity utM4or FRS 102, have t)een prepared wi aGcordance wth the ChaTiiies SORP IFRS 102) 'A¢nn9 and Reporting by Charities. Slalem8nt of R8(ximmended Pra(Jice alCaLlE to thariljes wepathg thebr a(xounl¥ in ccordance with the Finan81 Reporting Stsndard 8pplicatAe in the UK and Republlc ol Ireland {FRS 1021 (effective 1 January 20191,. Financaal Report"Fng Standard 102 The FInclaI Reporting Stsndard appll¢8bl& In the UK 8nd Republic of Irglanrf and the Cc¥np8nies 21)J6. The financial statement8 hava been pffjpwed undw the hisloricab cost ¢C¥ti. Golng Conum The TTUSlees have Sided the posth at the time of slwlThJ ts flnanc4al statements. Atross thè 2023124 #r. Gèekn n8#d to hlIN cw gr tha unduo dday in setuemenl of Ihe TTR clalm by HMRC. Wilh the settlement of the outslan¢ing matter in May 2024. Gecko pald off 8hort-tem ¢a6hfiow loans and moved to a trAJsine88 a8 118U81 position. The Trustees hav8 remed the ciruJmstancs of the tharrty and consh48r that £dequBle re#oure•g contlnue to te avallable to fund the aciithes of Ihe charty for the loresee8ble future, belng no K88S than tr¥el months from Ihe dat& of apkxowino these ants. For Ihls Teason, the TnJsle8S (tInue to ajoty the LKJkng 1x)n basls In weparlng the flnandal sl•t¢menls. Inet)m• l kncome 1$ recJ)gnlsed In the Statement of Flnandal Aclfvibes 01 the chaty has enlmlornent to th8 funds, K 1$ probabl? that th• Inwme will be recwved and th¢ amounl can b? rneasured rrtllably. Exp•ndltu Uabillles are recognised as expendftU as S( as there 18 a legal LY conslructlve oNlgatlon commrtting the charity to that expenditurè. it is probl• that a transf8r of ¢¢£)oml¢ beneffts will b r•qulred in settlemenl and the amount of the obhgabon can be me8sured reably. Expendituro is accounted on an aGGruals basis has been dassified under headings thal aggregate all cost r•lat•d to lh• eategory. Where costs cannol be diredy attributed to partic#JlaT headings ihey have bean alkncaled to XlAtl8s on A b#sls ccffl$knlgnl Ihg use of rejourca. loc•tlon and pp•rtlonm•nt of co•t• Support co8ls are those function6 that assist wtvk of th• bul do not dlrncly undertake ¢h¥rft#ble actlI1e5. Support costs Indude back office costs. financ•, p8rsonno1. OU •nd 9prnance costs whith 8UPPOrt the Tnts arb'8tic progrommu 8nd The¥e costs have been albcated in note 8. Tinglbl• fSx•d ••••t• 0¢predaOnI1 ded at thè fo1kfing rates lo t110 dfeath a88et over Its 8sUm8ted U88ful IM9. Plant and m8chlnery FLxtures 8nd fitbng8 Cornpuler 8quipment 25% on ¢osl 25% on co$t 25% on $1 Cre•llon epaG• ha# not been d¢predatod a3 theae are co•w In Itrt ¢swrne of dovelDpmenL Tixatlon Tho drity 18 ex•mpt from ¢wotion tax on h ¢arllabl• sti. Fund accountlng Unrestricted funds can be L$8ed In )rd3r tha thwttablo obJthM at the dlscsokn of th• tru$tee8. Page 14 continued...
Ged(o Th Notes to the financlal statements- continued for the Year En 31 March 2024 ACCOUNTING POLICIES- conllnued Fut7d a¢¢ountlng Restricted funds ¢•n onty us•d for partICar re51riLd puwposes within th• ot4ects of the charity. Reslrictions ari88 speryfied by th• donor cr tA fvndg ore r8i8gd for pa¢>jIAr restted purF4Jsey. Further explanalon of tho natwe 8nd purpD8e of eath fund i¥ In I not to th• finaw81 8t81ements. Hlr• pur¢h•M and l•••lng ¢onYnltsn•nt• Rentals p•d vnder opèrating leas are tharged lo the Staternent of FIwid ACaOleS on a 8tralghl Ilne basis over the pericY of the lease. P•n•lon ¢o•ts ¥nd oth•r po•t4•tiv•ment bon•fft• The charitable company operates a defined contn"bub"on pension s(*eme. Contiibytions payatrAe lo the tharitae Gompanlts pslOn SGhtrme are Ghar9¢d io tho Ststoment of Finanryal Actiwti¢6 in tho period lo vknith tW rel8t•. DONATIONS AND LEaACI&8 31.3.24 31.3.23 Donallons Grants 7LYJ 392,070 2,080 258.387 392,770 280.467 Grants rt¢elv8d, bndudod kn lh& abov&. are as fr1¢$.. 31.3.24 31.3.29 Arts Cwndl England East Ip6wich B¢)rough Coundl Magic Me 379.730 12,334 224,457 12,334 21,5 392,070 258,367 INVESTMENT INCOME 31.3.24 31.3.23 Interest T•cdvable. trad 14.811 Pg9• 15 condnued...
GeGko Theatrc Notes to the financial statements- continued for the Year Ended 31 March 2024 INCOME FROM CHARITABLE ACTivmES 31.3.24 31.3.23 Fe8S Pmducli¢m #nd p#Itiupat C051s Ctynmtsllons receivable Pr[j{lr and paIticA costs 324,427 29,263 231.420 159,ClJO 353,690 390.420 RAISING FUNDS Ral8lng donatlon5 and l•ga¢le• 31.3.24 31.3.23 Donation costs 48 CHARITA8LE AcTivrnES COSTS Support Direct (see Costs note n Totals Producllon and p8rtbdpatlon costs 717.920 780,584 SUPPORT COSTS Govemance costs Totals Produdion and p8rii(xp81ion costs 26,982 38.882 NET INC¢)MEIIEXPENDrruREI Net incomel(expendituro) L8 Stalod aft8r th¥giWl¢yedlUng)'. 31.3.24 31.3.23 Dvwedatlon- vwned Other Operan9 leases 9,701 8.635 3,600 TRUSTEES. REMUNERATIOM AND BENEFrrs There were no Irustoè$' r•mLmwallon or othor bonofft8 the 81 end8d 31 March 2024 nor lor the ar ended 31 Mwch 2023. Tru•tg••' •xp•n• Th•r• w•r• no tru•¢•••' •xp•rw p•14 fvr th• y••r •nd•¢ 31 Marth 2024 nor for tho YOQT endod 31 March 2023. P&3e 16 conb'nued...
Gecko Theatre Notes to th fin ements- c(mtinued 31 March 2024 10. STAFF COSTS 31.3.24 31.3.23 Wages and salaries Scoal sa¢urty costs Other pension costs 237,219 19,640 7.117 197,237 17,869 5.912 263,976 221,018 The average monthty number ofemploy8e6 durkng thg ywwa5 a5 folbw6.' 31.3.24 31.3.23 CTeati¥e Support The numbef of employpes 7hknose ¢MOle benems (exdudlng employer penslon costs) exceedod £60.LXJO was: 31.3.24 31.3.23 L80.Cx)1- £70,C4)0 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES Unr¢¥triGted RestriGled fund fvnds Total funds INCOME AND ENDOWMENTS FROM Donalion8 and legacie• 257,467 280,487 Charftabl• acllvltl•• Produdon Jnd pjrt1ripjti costs 390.420 39J,420 Inv8Stment income 144.672 144,672 Tot•1 793,52S 3.0 798,$25 EXPENDITURE ON RaIn funds Gh•rltsbl• aGtlvlU Product4 4nd partlclp#tkn 7.984 2,493 910,4TI 907.$91 2.493 910,484 NET INGOMEIIExpeNLMTUREI {114.4861 507 (113,959) RECONCIUATION OF FUNDS Tot81 fund$ brought forward 278.598 252,065 Pa98 17 Conb'nuod...
s to the financi I tatementS- for the Year Ended 31 March 2024 nued 11. COMPARATIVES FOR THE STATEIIENT OF FINAMCIAL ACTivmES- c(xrtlnu•d Unrestrted Restricted fvnd fijnds Totsl funds TOTAL FUNDS CARRIED FORWARD 164.132 252.572 416,704 12. TANGIBLE FIXED ASSErs Fl>Aures and cpUter fittings &]uipment Ction Plant and Space machinwy Totsls Cost At 1 Aprl 2023 AddbtK)ns 23.956 11.388 107.792 1.378 At 31 Marti 2024 23,956 1.378 14,456 112.238 D•prnclatlon At 1 April 2023 Chorge for y8Br 12,226 5,558 3,488 17.782 9,701 223 At 31 2024 18,216 27.483 Not book v•lu• Al 31 Mw¢h 2024 72,448 5.740 5,412 84.7S5 Al 31 2023 72.448 11.730 5,832 90.010 Creallon Spac• ¢omprf8•8 Ca11$•d C5 trdI the do40•nI of a creation space 4$ desCbe in the Twstees. Rep 13. DEBTORS: AMOUNTS FALLING DUE wrrHIM ONE YEAR 31.3.24 31.3.23 Trade debtors Other debt Theatr• tax rOlf 8,757 1.245 218.996 5.048 30.867 876 229,520 5,048 2,831 1,537 11,915 VAT Pmpaym•nts and •cc4ued incp)me Ac£ruals 20,805 254,851 282,414 Page 1 Gontlnucd...
GeGko Theatre No financial stements- conllnu Year End&J 1 March 2024 14. CREDITOR8: AMOUNTS FALUNG DUE WITHIN ONE YEAR 31.3.24 31.3.23 Other ban81see note 14 Trade ueditors VAT Other tr•ditors Accruals gnd deferTed Inct¥n• 40,000 82,172 1,760 1,313 24,131 94,241 19,507 149,376 153.748 11. LOANS ofthe m¥turty rf loan8 Is betrK. 31.3.24 31.3.23 Amounts faIn9 due within one year on Other10on 40,OC 11. ANALYSIS OF NET ASSEfs BETWEEN FUNDS 31.3.24 Tolal funds 31.3.23 Total fund fijnd fund8 Flxad a88•t8 Current assets Current liabilltie8 14,824 285.740 {149.376) 89,931 179,970 84.7SS 465.710 1149.376) .010 480,442 11S3,7481 151.188 249,1 401.089 416.704 17. MOVEMENT IN FUNDS Net movement In fund8 At 31.3.24 Ai 1.4.23 Unr••tslct•d fund4 Generd luThl 184,132 112,944) 151,188 R••trfct•d fund• Creaiion Space ACE Capital Grants for Craakn Spa AHF Capltsl Grant AHFICiowdfund8r fcy Cro•tbon Spse• Capll•l MagiG Me- PHF 179,VJ9 37.288 2,082 179.969 37,268 1,OCO <1,082) 31.664 1,589 31,684 (1.589) 252.572 (2.871) 249,901 TOTAL FUNDS 416,704 {15.815) 401,089 Page 19 continued...
Notes lo thé financial gtatemenlg- for the Year Ended 31 March 2024 17. MOVEMENT IN FUNDS. contlnued N•t mgvement in lund•, induded in th• 8bow #rè as folkm: Inccrfning Resour Movement ources expended in funds Unmtrf¢tsd fund• General fund ($49,533) 112.9441 Restrfcted lund¥ Touring AHF Capital GT•nt Magic Me- PHF Sh Cre#tion Piiching Costs 99.165 199,165) (1.082) (1.589) 11,082) 11,569) 21.763 121,763) 128.428 1131,099) 12.0711 TOTAL FUNDS 785,017 (780,832) 115,8151 Gompantt¥M lor mov•m•nt In fvnd¥ Net Transfèrs movement bemeen in funds funds At 31.3.23 At 1.4.22 Unrn•trlct•d lund• Gen•r81 fund 278.508 (114.4681 104,132 R••trlct•d fvnd• Creolion Spaeè ACE capit Grants for Crealh)n Space AHF Capital Grant AHFICiowdfvnder for Cr••llon Spa Caprt81 M89ic Me- PHF 19).749 37,288 3,164 (10.780) 179.969 37.268 2,082 11.082) 10.780 31,084 1,589 252.15 507 252,572 TOTAL FUNDS 113,959} 418,704 Pag• 20 eontinued...
Theatre N les to the fin ncial stalemen s - conttnued h Y ar Ended 31 M reh 2024 17. MOVEMENT114 FUNDS- Gonthu•d Cornparativ8 nét movement in fvnds. indLth in th• abow 8r• ¥$ Id1.. Incomlng Resources Movement resources expended in funds Unr•8trftt•d fvnd• General fvnd 793,525 {W7,991) (114,466) RMtri¢t•d fvnd• AHF Capital Grant Magic Me- PHF 11,0821 (1.411) {1,0821 1,589 (2,493) 507 TOTAL FUNDS 1910,4a41 1113.959) 18. RELATED PARTY D&L03vR&8 Helen Bagoett IAssc¢i81e Director of GKko and p•d w a fr¢ofance b•8. partner of the ADI.. Palj £13,420 for ser¥tes In wrKkshops and meeungs POST BALANCE SHEET EVEiirs Gecko's Truste85, Ips*ith 8orroJgh Courd ACE d8dd8d In $wnm8r 224 that tha Cre8llon proled as odginally In¥1)ne{l should not proGeed. Garfd We51cn slated that the £150k pranl made for thè Sp was not tran$fOfTaL4• and Ihwoftyo th0 £15Ok grantwB$ relumed. Page 21