THE THEATRICAL GUILD
(A COMPANY LIMITED BY GUARANTEE)
BOARD OF TRUSTEES, REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
the
theatrical
guild
THE CHARITY SUPPORTING BACKSTAGE AND FRONT OF HOUSE STAFF
COMPANY NUMBER: 00557828
CHARITY MUMBER.. 206669

THE THEATRICAL GUILD
(LIMrrED BY GUARANTEEI
CONTENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Board of TTUStees' Report
(Including Statèment of Responsibiliti￿)
1-6
Ind&pendont Exarnrnerfs Report
Statement of Financial ActI￿treS
Balance Sheet
NotèÈ to the Accounts
10-14

THE THEATRICAL GUILD
(LIMrrED BY GUARANTEE)
BOARD OF TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Board of Trustees (who are afso Direct￿5 of the Charity for the purpos8s of th8 Companies Act)
present their report and the finanraal statements for The Theatrical Guild (the Cornpany) for the year
ended 31 December 2023 which are also prepared to meet the requirements fora Directors. report and
accounts for Companies Act purpose5.
The accounts comply wilh the Charities Act 2011. the Cofftpantes Act 2006, the Memorandum and
Artides of Association, and AcLounting and RepLYts"ng by Charities.. Stalernent of Recommended
Practice applicable to charrties preparing Iheir 2¢counts in accordance with the Financial ReportFng
Standard applicable in the UK and Republic of Ireland (FRS102) (published in October 2019).
OUR PURPOSES AND ACTMTIES
The Thealrical (Ladies) Guikl wa5 established in 1891 by the actress C_L (Kittiel Carson lo 'give relief
or assistance lo memb8rs ot the theatrtcal profession in financial distress,. The purpose of The
Theatrical Guild for the public benefit, is to be avai18ble to help anybody in need, who has worked in a
Backstsge or Front of House professional theatre role for a period of more than 3 years.
The chari￿s principal activty conttnues to be lo seek funds in order to provide financial supp)rt for the
beneficiaries of the Charity.
In shaping our objectives forthe year and planning our activities, the Board of Trusle8s have considered
the Charity Commission's guidance on public benefit, including the guidanc&'Publlc Benefft-. Running A
Chartty (P821'.
The Board of Trustees traditionally meet in person on a monthly basis (with th& exception of August) and
grants lo indivtduals are delennined in these meets'ngs. In special cirCumstan￿S decisions on grant
making may be made both via email ar￿ during meetin9s. The main uiterion for assessment is that of
rinancial and emob.onal need. When making decisions on applications, eartt case is judged on its own
merils but relevant experien￿ in the profession is requir￿. The Theatrical Guik* aims to help to solve
the immediale problem and empower individuals to find longer tervn solub'ons. Grants are given on a
regular basis including emergency support aThl 'one off, requosts.
Grants to charitable institukn'on5, such as care homes. are In￿easinglY rare t)ut ar& also detemiined by
the Board of Trustees. The assessment crtteria being the supts these inslitutions provida for The
TheatriGal Guild's beneficlaries and the finan(ial requlrement of those institutions tr) continue to provide
andlor improve that supptsrt.
ACHIEVEMENTS AND PERFORMANCE (Including Financial Review & ReseN8s Policy)
The Investmenl Poficy, as set down by tha Board of Trustee3. is to generate a high level of incoma to
enable The Theatrical Guild to continue to support its beneficiaries arKI lo protect and grow Ihe capital
over the long tern.
At the 31 st De￿mber 2023 The Theatrical Guild investment portfolio was valued at £2,541.044 havlng
appreci81ed +5.1 Yo in total return lerms over the year. The year as a whole was a combinats.on of the
difficult 2022 where irbflation rose faster thaFT expected, but by the last quarter of 2023 markets began
lo look forward kn interest rate cuts Ki early 2024. Markets and the portfolio recovered well over thÈ last
quarter of 2023 and by the year end the por￿￿ had appreciated by ¥5. 1 % in total relum terms. At the
31 st December2023 the portfolio had generated a total retum of +77.2% over the past 10 'A years, and
with a 10 year annuali5ed rate of +4.9¥0 per annum (net of fees), both of which are ahead of the
benchmark. Our investment managets are Optimistic about the outlook for markets and the portfolio
over 2024.

THE THEATRICAL GUILD
(UMrrED BY GUARANTEE)
BOARD OF TRUSTEES. REPORT{CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
The Board of Trustees actively encouwe donations through fundraising and legacies, all of which offer
a valuable source of financial help and an effective way of ensuring the continuation of the Charitys
work. Finanaal bequests, royalties or theatrical memorabilia are vielcomed as ways of helplng ihe
Theatrical Guild raise additional funding lo support our Beneficiary Grant Programm&.
The Theatrical Guild supported 8 lotal of 222 Beneficiaries in 2023. These i￿luded lorrfJ-lerm grants.
sh¢)rt-term grants. one-off grants. access to counselling, rni&c8reer training bursaries. welfare advicÈ
and signposting. The majority ofsupport was for emergency need (rent, bills, household goods, medical
costs. counsejfing) due to ongoing issues with work stability following th8 Covid Pandemic, rDmpounded
by the Cost of Living Crisis.
Ex8mples ofThG's Beneficiary Grants in 2023 are:
A Theatre Te¢hnician from LFverpool was awarded a 9 monih Cosl4)f-Living Crisis Grant.
specifically to addres5 his acut8 food poverty.
An established and highly skilled Sceni¢ Designer. from Essex. was awar(Fed an Emergency
Accommodation Grant. following a relationship breakdown. enabling her to stay in work.
A Theatre Sound Enyineer froln L￿don was given a 6 month Cost-ot-Living Crisis Grant, to
support him through his medcal treatment, follow￿9 a diagnosis of HIV.
A Stage Managèr from Straiford up￿ Avon was given a Ctxnpassionate Grant to help with
the costs of her Fatherfs Funeral.
A Stage Door Keeper from London was aW￿d￿ a Counselling Grant. to support her with
WOrkFla￿ bullying issues.
The total cost of our Benefioary Grant Programme in 2023 (including any forwwd commitments) was
comparable to the provious year. am(NJnting to £48.512 (2022.. £51.968).
The Theatric81 Guikl had £2.562,860 of unrestrtted reserves to 31 December 2Y23 (27Z2". f1s￿,￿1
The funds are Invested to provide the income for The Theatrical Guild to meet the future needs of their
benefiaaries. the cost ofwhich the B08rd of Trustees expects to conts.nue to rise. The policy is therefore
to maintain suffiaent reserves to ensure that this level of need I￿n be funded.
Having reviewed the financial F)05ib"on. the Board of Trustees have a reasonable expectation that I
Charity has adequate resources to continue rts 8Ctivities for the foreseeable future. Accordingly, they
ci)ntinu8 to adopt a going ￿nCern basis in pr8parrng financial statemen15.

THE THEATRICAL GUILD
(UMffED BY GUARANTEEI
BOARD OF TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
REFERENCE AND ADMINISTRATIVE DEfAILS
Charrty number:
Company number:
Registered office:
Company secretary".
206669
00557828
11 Garyick Street. London, WC2E 9AR
Amanda Parker
OUR ADVISERS
Accountants
TC Grojp
Th8 Courtyard
Shoroham Road
Upper Beeding
Steyning
West Sussex
BN44 3TN
Bankers
Unity Trust Bank plc
PO Box 7193
Planetary Road
Wrflenhall
WV1 9DG
Stod(brokers
JM Finn & Co Ltd
25 Copthall Avenue
London
EC2R 7AH
BOARD QF TRUSTEES
Ambassadors
Prasanna p￿allaraJah
Sir Simon Russell B8ale CBE
Marianne Elliott
Golda Rosheuvel
Honorary President
Phyllida Law OBE
Presldent
Liz Robertson
Advlsory Board
Mithad Carling
Joanna David
Joanna Mccallum
Belinda Lang
Honorary Co-Treasurer
Biddy Hayward
Paul Stephen

THE THEATRICAL GUILD
fum￿ED BY GUARANTEEI
BOARD OF TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Board of Trustees
The directors of the tharitable company {the Charlty) are Ils trustees for the purpose of Charity law.
The trustees and o(r￿er$ seNing during the year and since the year end were as follows..
Jan Carey . Co-chair
Claire Carrte '. Co£hair
Biddy Hayward . Co-Treasurer
Paul Stephen .' Co-Treasurer (appoinled 1st De￿rnber 2023)
Claire C8rtwrighi
Brenda Edelsl&ln
Alan Hatton
Hugh Sachs
Emma Laugier Davies (appointed 2nd March 2023)
David Grgwcock (appointed 2nd March 2023)
Susannah Dack (appointed 2nd March 2023)
Andrew Grant (appointed 1st September 2023)
Cassandra Lyons lappointed 1st September 2023)
Michael Carfing {resigned 1 st September 2023)
STRucfuRE. GOVERNANCE AND MANAGEMENT
Governing Document
The Theatrical Guik1 (TTG) is a company limited by gl￿rantee incorporated in 1955 to cary on Ihe work
of the unincorporated association of the same name. The Theatrical Guild's governing document is its
Memorandum and Artidgs of Association dated 26 November 1955. as amended 6 June 1956 and 10
October 1968. It is regisiere(l as a Charity wilh the Charity Commission.
Appointment and Tralning of Trustees
The President and Chaiman who are elecled by the Board of Truslees are Ex Offiuo. The Board of
Trustees. who are 11 in number. ￿nstI1vle Ihe Directors of The Theath"cal Guild and are elected
annually at the Annual General Meeting. A casual vacancy may be filled by the Bc)ard of Ttustees. The
Trustees are selected for their spectfic knowledge to keep a balance of skjlls withln the Board. All
Trustees have opportunities throughout the year to allend training cout5es provided by advisers.
Organisation
The Charity is org8nis&d by a Board of Trustees in accordan￿ with tts Goveming d(￿urnent. The Board
of Tmstees meet on a rrrf)nthly basis {wTth the exceptx)n of August). with responsibility for the day-t
day management of the chartty delegated to the General Manager. Amanda Parker.
The arrangements for setting pay and remuneration is handled by two members of Ihe Board. one of
whom is an eXper￿nCed HR professional. This inclLKles a rninuted Annual Review which is approved
by all parties in attendance_ Rernuneralion is based on ONS for RPI and CPI inllation rates and
achievement during the previous 12 months. The Chair has final approval.
Risk Managarnent
Th8 Directors, who Gonstttute the Boar(l of Trustees. aro responslble for identifying. assessing and
tnanaging risk in the Charity. The Board of Tnjstees consider risk in all appropriate decisions made in
Trustees Meetings and review annually the risks the Charity may fa￿. The The*rical Guild generally
recEives thè majority of rts income from invesknents and safeguards this interest by working with a
reputable stockbroker from an established firm. whose perforrnan￿ is manag￿1 by ThG'5 TTUStees.

THE THEATRICAL GUILD
(UMrrED BY GUARANTEEI
BOARD OFTRUSTEES. REPORT(CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Other Collaborations
The Theatrical Guikl is a member of Acting for Others and regularly works in partnership with the other
charilles in Ihe group. The chartiy also ￿nefftS from the combined knowledge and expertise of other
thealrlcal charilies, part￿ulaty Ihose who WO￿ together to joinlly support a Beneficiary. ThG al80
supports and promotes Acbng for Others with their ftjndraising events, initiatives and special promotDns
throughout the year.
The Theatrical Guild is also gratefvl lo the following industry collaboralors in 2023 . The Royal The81rical
Fund, Equity Charitable Trust. The ActOT5 Benavolent Fund. The Agsoctation ol Brrt15h Thaatre
Technicians. The Stage Management Association. Backup Tecth, Triple EEE, The Mackintosh
Foundation, Norwell L8plgy Productions. The Ivy Club, Heartbreak ProduCt￿n5. Highcroft Investm9nts,
The Anglo American Charities and The Bridge Thvatre.
FUTURE PLANS AND OBJECTIVES
The Board of Truslees continue to review the Theatrical GLtild's fundraising strategy in order to me61
the increased demand for suprA)rl frcAn individuals wcKkiThJ Backstage and Fiorrt of House.
Promoting the wrffk of ihe Charity through word of moulh, online presènce, social neiwort(ing.
fundraising events and print Promotion- as well as fiaising with theatres throughoul the United Kingdom,
ntinuas lo be our key objectives.
As a result of the pandem￿ the Tru8te8s reviwed and widened their range of support and going
forw8rd, it is committed to annually assessing its fundiry for be￿ficIa￿e$ to ensure an appropriate level
of financial aid is given.
STATEMENT OF THE BOARD OF TRUSTEES RESPONSIBILITIES
The Directors, who ￿nstitUte the Board of Trustees. are resFrf)nsible for preparing the Report and the
Financigl Statements in accor(lance with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally A¢￿pted AccounlirvJ Practice).
Company Law requires the Trustees to prepare accounts for each financial year which give a true and
fair view of the stste ol the Charitable Company and of the incoming resources and application of
resources, including the incorr￿) and expenditure. of the Charitable Company that year.
In preparing these accounts, Ihe Board of Trustees are required to.-
select stsitable accounting policie5 and Ihen apply them consislently
obseTve the methods and principles in the Charrties SORP
make judgemenls and estimates that are reasonable and prudent
state whether applicable UK accounting standards have been foBow8d. subject to any material
departures disclosed and explained in the financial statements
prepare the financial slatements on the going concern b2sis unless it is inappropriae lo assume
that the charitable conwany will continue in business.
The Board of Trustees ara resp)nsible for ke&ping adequate accounting records Ihat are sufficient to
show and explain the co[npan￿s transaclions and disclose with reasonable aC(￿racY at any time th
rinanclal position of the Charity and to enable them to ensure that the accounts comply with the
Comp8nies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.

THE THEATRICAL GUILD
(LIMITED BY GUARANTEE)
BOARD OF TRUSTEES, REPORT{CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
e report ha5 been prepared in acwrdance with the provisions of Ihe Companies Act 2006 relating to
all companres.
iddy Hayward
C)-Treasurer and Trustee
Paul Stephen
Co-Treasurer and Trustee
Date:
Date. I￿. ob. 2

THE THEATRICAL GUILD
(LIPAifED BY GUARANTEEI
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
Indepéndent examiner's report to the trustees of The Theatrical Guild
I report on the Charity trustees on my exaN￿natiOn of the acGounts of the Company tor the year ended
31 December 2023.
Respective responslblllties of Tru51eeg and examiner
As the Charily's trustees of the Company (and also ils directors for the purposes of company law) you
are responsible for the prepardtion of the acox)unts in accordance with the requirements of the
Companies Act 2006 (Yhe 2006 Act,).
Having satisfied my5eifthat thé acrount5 of the Company are not required to be audited under Part 16
of the 2006 Act and are elig￿le for independent examinatM)n. I report in respect of my 8xafflinalion of
your Charity's accounts as carried out under section 145 of the Chartties Acl 2011 I'lhe 2011 Acl,). In
catrwng out my examination I have followell the Directions given by Ihe Charity Commission under
section 145151 (b} of the 2011 Ac*.
Independent examinerfs Statement
I have completed my examination. I confimi that no matters have come to my attention in connection
with the examination giving me cause to believe-
(1) accounting records We￿ Th)t kept in reyct ol the Company as required by section 386 of the
2006 Act. or
{2) the accounts do not accord with those words; or
(3) the accounts do not comply with the accounting requirements of sedon 396 of the 2006 AGt other
than any r6quirement that tha accoun15 give a 'true and fair v￿W which is not a matter considered
as partofan independenl examination- or
{4) the accounts have not been prepared in accordance with the metlY)ds and principles of the
Statement of Recommended Praciice for accounting and reporting by charities lapplicable to
charities preparing their accounts in accordance wtth the Financial RerK)rting Slandard applicable
in the UK and Republic of Ireland IFRS 102)].
I have no conceffts and have come a(Yoss no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understarmding of the accounts to be
reached.
Mark Cummins FCCA FCIE
On Behalf of TC Group
Date."
Office: Steyning, West Sussex
26

THE THEATRICAL GUILD
(LIMrrED BY GUNRANTE
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDftURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2023
Notes
Total
2023
Total
2022
Income from:
Donations and legacies
Charit8blé actNitses
Inveslm8nts
Other income
18,782
44,865
69.309
26,119
56,160
70.757
9,134
Total income
132,956
162,170
Expendlture on:
Raislng funds
Charitable activitses
Total eynditure
19.726
130.306
150,032
21,364
125.346
146,710
Nel Ilosses)Igains on investrnents
73,380
(551.243)
Net incomelexpendtture
56.304
(535.7831
Reconciliatlon of funds
Total funds brought forward
Total funds carTied forward
1506.556
3.042,339
2,562.860
2,506.556
The statement of financial adivitses also complies wilh the requirements for ar) income and expendlture
account under the Companies Act 2006.
All activittes ar8 classified as continulng. Thgre arg no recognised gains or Iossgs Other Ihan those
reported on Ihe slatemenl of ffinancial activikes.
All funds are unrestrthd.

THE THEATRICAL GUILD
(U￿￿ED BY GUARANTEE)
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
FIXED ASSETS
Tangible assets
Inveslmenls
2,516,227
2.495,614
CURRENT ASSETS
Cash held with brokers
Prèpayments
Other deblors
Cash at bank and in hand
2.516,227
2.495,614
24.817
2.958
2.600
19,656
13.269
2.500
2.365
5.809
CREDITORS: am(wnts faI￿ng due
within one year
Taxation and social security costs
Trade & othor creditDrs
Accruals
50.031
23.943
8.467
1.234
3.300
898
1500
3,398
13.001
NET CURRENT ASSETS
NET ASSETS
46,633
10,942
2.562,860
2,506.556
THE FUNDS OF THE CHARITY
Unrestrlcted funds
10
2.562,860
2.562,860
2,506,556
2.506.556
These financial st*ments have been prepared in accor[lan￿ wilh the specol provisions of Part 15 of
the Companies Act relating lo small companies and o)nstitute the annual accounis require(J by th9
Companies Act 2006 and are for (xrculab"on to member5 of the company.
For the year ending 31 December 2023 u)mpanywas entitled to exempkn.on from audit under section
477 ot the Companies Acl 2006 relating lo small compani&s. The members have not required the
company to obtain an aLJdil in accordance with seclion 476 of the Companies Act 2006. The directors
acknowledge their r&spon5ibikty for comptyiw wilh requirements of thè Act with rèspect lo
accounting rewrds and for the preparation of acfX)unts.
These accounts have been prepare(J in aCccydan￿ with the provisions applicable to companies subject
to the smai companies. regime.
Th
accounts were approved by the Board on
Bid
y Hayward
urer an
ber of The Board of Tnjstees
Paul Stephen
Co-Tre8surer and membar of The Board of Tnjstees
Company Regislration No: 00557828

THE THEATRICAL GUILD
IUMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
LEGAL STATUS OF CHARrrABLE COMPANY
The Theatrical Guild is a charitable company, limited by guaranteè. registered in England and
Wales. The charilable company's regislered number and registered Offi￿ address can be
ft)und in the Board of trusiees. report.
In fhe event of the Charity being wound up. the liabilty li ￿spe￿ of the guarantee is limited
10 £1 per member of the Charity.
ACCOUNTING POLICIES
Basls of preparation
The accounts have been prepared in aCC(￿danCe with Accounting and ReportirMJ by Charities:
Slaternènt of Recommended Prac15ce applicable lo charrties preparing their accounts in
accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland
{FRS 102) (issued in October 2019) - (Charrties SORP (FRS 102)), the Financial Reporting
Standard applicable in Ihe UK and Republic of Ireland (FRS 102) and the Companle5 Act
2006.
The financial slatements are prepared in sterling, whith is the functional currency of the
arity. Monetsry amounts in these f￿anci￿ statements are rounded to the nearest pound.
The The8trical Guikl meets the definttton of a public benefft enttty under FRS 102. Assels and
liabrlities are initially ￿CogniSed at historical cost or transaction value unless othetwise slated
in the relevant acrxjunting policy note(sl. There are no malerial uncertainties about The
The8trical Guild's abikty lo contir)ue as a going concern.
Income
Legacy income is accounted for in the Statement of Financial Aclivits"es when the Charrty is
enb'tkd to tho in￿rne. rec8ipl Is probable and when the amount can be quantified with
sufficient accuracy.
b)
Donations and other forms of voluntary in(L)me are recognised as income when receivablg.
except Insofar as they are incapable of financial measurement. Subscriptions are induded in
the financial statements at Ihe lime they are re￿[vable.
other tradlng activilbes represent income from organised events and are recognised when
receivable.
Investment incom& and other income rs accounted for when recetvable.
Expendlture
Expenditure is accounted for on an accnJa15 basis with any [￿eCoVerable element of VA T
induded within the item of expense to which li relates.
Exp8nditure on raising funds indudes costs incurred by the Charity in fundraising, publicity
and StoCkt￿k9r fegs.
Charhable expenditure comprises *hose cosls incurred by the Chanty in the delivery of its
activities and servi￿$ for 115 benefiaaries. Granls payabte are charged in the year when the
offer is approv&d by trustees and c￿nVeYed to the recipient.
Governance costs include those costs associaied wtth meeting the conStitut￿nal and statutory
requirements of the Charily and include Independent examination fees and costs Ilnked to the
strategic management of the Charity. These are shown within support costs.
All costs are alocated belween expenditure colegories of Ihe Statement of Financial Actiwties
ISOFA) on a basis d&S￿ned lo refbd the use of the resource. Costs relating to a particular
activity a￿ alk)caled direeuy. others are apportioned based on estimated usage as a
proportion of direclly attributable expenditure.
10

THE THEATRICAL GUILD
[LIMfFED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES (continued)
Flxed Assets
An asset is defined as a unit of tangible propety which has an economic useful life of more
than 12 months and was a￿Uired or produced lor a cost of more than £500 induding
acqui5itton and installalion (x)sls on the same invol￿.
d)
Depreciation15 provided on all tanglble ftxed assets in use at rales cal(yJlated to wrlte off the
COSt of eath asset over its expected useful lrfe, as follows:
Office equipment- over 5 years.
Investments
Inv8Stmgnts are included at fair value * the balan￿ sheet date. Any galn or loss on
revaluatton is taken to the Statement of Financial Activities.
Débtors
Trade and other debtors are recognised at the setuement amount due after any trade discount
offered. Prepayrwts are valued al the aTllount prepaid net of any trade discounts due.
Cash at bank and In hand
Cash at bank and in hand includes ￿sh and shorl term highfy liquid inve5trnents. The Board
of Trustees seek to Use short lem deposits where possible to maximi5e the return on tnonie5
held at the bank and to manage cash flow.
g)
Cre(litors and provisions
Creditors and prowsions are recognised where the Charty has a pres6nt oblbJation resulting
from a past event that will probably resull in the transfer of funds to a third party and the
amount due to setue the obligatiM can be measured or estimated reliably.
Financial instruments
The charity has elected to apply Ihe provisions of SectFon 11 'Basic Finanaal Instruments, and
S@ction 12 '01her Finanoal Instruments Issues. of FRS 102 to 811 of its financial instrument5.
Financial instruments are recognis8d in the charitys balance slwet when the charity b&coMes
paty to the contractual provisions of the instrument. Basic finanaal instruments are
reGognised al amortised cosL
Funds
Funds held by the Charity are unrestricted funds. These are funds received for USÈ in line wtEh
the general objects of the Charity.
Operating leases
Renial charges ale charged on a straight-line basis over the term of the lease.
Critical accountln9 estimates and judgements
In the application of the chartils accounting policigs, the trustees are required to make
judgements, estimates and assumption5 about the carryfng artbount of assets and liabilities
that arè not readily apparent from olher sources. The eslimales and associated assumptions
are based on historical experience and olher factors that are considered to be relevarTt. Actual
Fesujts may differ from these estimates.
k)
Th6 estimates and undertying assumptions are reviewed on an ongoing basis. Revisions to
accounting e5timat&s are recogni58d in the period in which the oslimate 15 revised.
The trustee5 do not considei that there are any critical ests"males or areas of judgement that
need to be brought to the attention of the readers of the financBI statements.

THE THEATRICAL GUILD
(UMrrED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POUCIES {continued)
Cash flow ststement
In accordance with section 7 of FRS 102 Ihe charily is claiming exemption from the
requirement to prepare a cash 11ow statement on account of its size.
TAXATION
The charitable company is registered as a charity and all of ts ir￿rne fams wtthin the 8xemplions
under part 11 of ttTe corporation tax act 2010.
INCOME FROM DONATIONS AND LEGACIES
2023
2022
Donations and grants
AB Tt Events
Legacies
13,358
1,674
3,750
18.782
18.276
7.843
26.119
INCOME FROM CHARtrABLE ACTIVITIES
2023
2022
lan MacTaggart Trusl
Ivor Novello Charities
Highcroft Investment5
The Anglo-American charib.es
The Mackinlosh Foundation
AcErng for Others
1.500
365
2,000
1.000
10.000
30,000
44.865
1,160
55,000
56,160
INVESTMENT INCOME
2023
2022
Income from securities
Royalties
69.292
17
69.309
69.899
858
70,757
EXPENDtruRE
Staff
costs
Othèr
Grant
funding
Total
2023
Total
2022
Raising fund5
Fund raising expenses
Stockbroker fees
539
19,187
19.726
539
19.187
19,726
795
20.569
21,364
Charltable adivitks
Grants
Support costs
48,511
47,775
47.775
48.511
81,795
130,306
34,020
34.020
51.968
73,378
125,346
48.511
Total expenditure
47.775
53.746
48,511
150,032
146,710
12

THE THEATRICAL GUILD
(LIAItTED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
EXPENDmiRE (continued)
Analysis of support costs (includlng Govemance ¢osts)
2023
2022
Wages and salarie5
Rent
General office and administratlon
IndeperKlent examinerfs remuneration
47.775
38.852
15,600
15.000
15.920
16.226
2.500
3.300
81,795
73,378
Included within wages and salaries atove are defined contribution plan pension wntrtbutions of
£2,275 (2022.- £1,612).
Durlng the year the charity provided grants to 222 indlviduals totalling £48,511 {2022.' 208
individuals tolalling £51,968). Details of the grants prOV￿ed can be found wilhin The Board of
Truslees ReporL
The average fulktiffte equivalent nL￿ber of staff empioyed by the charity wa5 one (2022.. one).
There wero no employees whose annud remuneration was £60.000 or more.
Th& key managem6nt personnel of the charitable company comprise ofthe General Manager who
is the only employee.
TANGIBLE FIXED ASSETS
Office
Equipment
Cost
A5 al 1 January 2023 & 31 December 2023
Depre¢iatlon
As at 1 January 2023 & 31 December 2023
Net Book Value
As al 31 De￿mber 2023
As at 31 Decembgr 2022
10,647
10.647
INVESTMENTS
2023
2022
Listed investments
Market value at 1 January 2023
Less: disposals at carrying N?lue
Add: acquisilions al cost
2A95,614
2,882,859
(470,068)
{192,5461
426.383
356,752
Unrealised gainslllos5es) on revalualx)n
Market value al 31 December 2023
64.298
2,516,227
551.4511
2,495,614
Historical cosl
2,024,931
2,079,316
The gain on investments of £73,380 (2022". losses of £551.243) as shown In the Slatement of Financial
Activities compfi88S of realised gains on sale of investments of £9.082 (2022: qains of £208) and
unrealised 9ains on investments held at the year-end of £64.298 (2022:105ses of £551.451).
13

THE THEATRICAL GUILD
IUMITED BY GUARANTEE}
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
10. SUMMARY OF FUND MOVEMENTS
All funds are unrestricled.
2023
2022
Brought forward
Income
Expenditure
Net gainsl(k)sse8) on investments
Carried forward
2,506.556 3.042,339
132,956
162,170
(150.032) (146.7101
73.380
551,243
2 562 860 2,506 556
11.
CONTROL
During (he year the charity was C(￿trOlled by the Board of Trustees.
12.
RELATED PARTY TRANSACTIONS
None of the Board of Trusiees (or any persons connècted wth them) rèceived any remuneration
during the year or receivpd any reimbursement of &xpendrture.
13.
COMMITMENTS
At 31 December 2023 the Charity had tolal commiknents under nOr￿canc￿￿bI8 operating leases as
fdlows:
Land and bulldlngs
2D23
2022
Dve wthin one year
10.300
10.300
10.300
10.300
Laase payments racognised as an expense in the y8ar amounted to £15.600 (2022.. £15.000).
14