2021-03-31-accounts

				Page
Reference and Administrative		Details ofthe Company,	its Trustees and Advisers
Chairman's	Statement			2-3
Trustees' Report				4-9
Independent	Auditors' Report	on the Financial Statements		10-13
Consolidated	Statement of Financial Activities			14
Consolidated	Balance Sheet			15-16
Company Balance Sheet				17 - 18
Consolidated	Statement ofCash Flows			19
Notes to the	Financial Statements			20-40

Trustees			Zeinab Badawi-Malik
			Susie Boyt (appointed		26 February		2021)
			Gillian Budd
			James Harding (resigned 26 November					2021)
			Adam Jones
			Dan Marks (resigned	26 November			2021)
			Simon Parry-Wingfield			(appointed	30April 2021)
			Karen Paul (appointed			30April 2021)
			Meera Syal (resigned	1		July 2021)
			Katja Tangen (resigned			31 May 2021)
			David Tyler (retired 30		September		2020)
			Tania Black
			Irene Domer (appointed			1 January	2021)
			Paul Kanareck (appointed 26 November					2021)
			Marie-Michelle Kegne	Sika (appointed				1 July 2021)
			Susan Prevezer (appointed 30April 2021)
			Nese Rosborough (appointed 25 February						2022)
			Jess Woodward-Jones			(appointed	29 April 2022)
Company	registered
number			00707180
Charity registered
number			218506
Registered		office	Eton Avenue
			Swiss Cottage
			London
			NW3 3EU
Company	secretary		Neil Morris
Chief executive officer			Greg Ripley-Duggan (Executive Producer						&Joint Chief Executive)
			Roxana Silbert (Artistic		Director &Joint			Chief Executive)
Independent		auditors	Nyman Libson Paul LLP
			Chartered Accountants
			124 Finchley Road
			London
			NW3 5JS

			Unrestricted	Restricted	Designated	Total	Total
			funds	funds	funds	funds	funds
		Note	2021 E	2021 f	2021	2021 E	2020 E
Income from:
Donations and	legacies	3	1,746,182	9,000	246,750	2,001,932	1,879,809
Charitable activities		4	88,706			88,706	2,480,561
Investments			926			926	2,875
Other income			740,205			740,205	306,498
Total income			2,576,019	9,000	246,750	2,831,769	4,669,743
Expenditure on:
Charitable activities		7	2,619,931			2,619,931	5,109,137
Total expenditure			2,619,931			2,619,931	5,109,137
Net
(expenditure)/income
before taxation			(43,912)	9,000	246,750	211,838	(439,394)
Taxation		12					31
Net movement	in
funds			(43,912)	9,000	246,750	211,838	(439,363)
Reconciliation	of
funds:
Total funds brought
forward			669,650	844,898	244,500	1,759,048	2,198,411
Net movement	in funds		(43,912)	9,000	246,750	211,838	(439,363)
Total funds carried
forward			625,738	853,898	491,250	1,970,886	1,759,048

	CONSOLIDATED	BALANCE SHEET
	AS AT 31	MARCH 2021
		2021		2020
	Note			E
Fixed assets
Tangible assets	13	188,715		233,311
		188,715		233,311
Current assets
Stocks	15	3,506	4,607
Debtors	16	491,502	590,784
Cash at bank and in hand		2,497,914	2,274,961
		2,992,922	2,870,352
Creditors due within one year	17	(1,210,751)	(1,344,615)
Net current assets		1,782,171		1,525,737
Total net assets		1,970,886		1,759,048
Charity funds
Designated funds	18	491,250		244,500
Restricted funds	18	853,898		844,898
Unrestricted funds	18	625,738		669,650
Total funds		1,970,886		1,759,048

		COMPANY BALANCE SHEET	COMPANY BALANCE SHEET
		AS AT 31 MARCH 2021
			2021		2020
		Note	E
Fixed assets
Tangible assets		13	188,715		233,311
Investments		14	201		201
			188,916		233,512
Current assets
Debtors		16	377,762	682,356
Cash at bank and in hand			2,234,003	1,693,842
			2,611,765	2,376,198
Creditors: amounts	falling due within one
year		17	(1,345,015)	(1,567,138)
Net current assets			1,266,750		809,060
Total net assets			1,455,666		1,042,572
Charity funds
Restricted funds		18	853,898		844,898
Unrestricted funds		18	601,768		197,674
Total funds			1,455,666		1,042,572

						2021	2020
						E	F
Cash flows from operating		activities
Net cash used in operating	activities					222,127	(73,326)
Cash flows from investing		activities
Purchase oftangible fixed assets							(203,465)
Net cash provided by/(used		in) investing		activities			(203,465)
Cash flows from financing		activities
Interest receivable						926	2,875
Net cash provided by financing activities						926	2,875
Change in cash and cash	equivalents		in	the year		223,053	(273,916)
Cash and cash equivalents	at the beginning			ofthe year		2,274,861	2,548,777
Cash and cash equivalents		at the end	of	the year		2,497,914	2,274,861
The notes on pages 20 to 40		form part ofthese financial			statements

				Unrestricted	Restricted	Designated	Total
				funds	funds	funds	funds
				2021	2021	2021	2021f
Other	grants	and donations		516,927	9,000	246,750	772,677
Grants	from	Public Funding	bodies	1,229,255			1,229,255
				1,746,182	9,000	246,750	2,001,932
				Unrestricted	Restricted	Designated	Total
				funds	funds	funds	funds
				2020f	2020 F	2020	2020 E
Other	grants	and donations		556,694	310,758	244,500	1,111,952
Grants	from	Public Funding	bodies	767,857			767,857
				1,324,551	310,758	244,500	1,879,809

	Unrestricted	Total
	funds	funds
	2021	2021
		E
Boxoffice income	64,091	64,091
Other income	17,202	17,202
Progra mmes	1,473	1,473
Bar income	5,940	5,940
	88,706	88,706
	Unrestricted	Total
	funds	funds
	2020	2020
		E
Boxoffice income	1,979,103	1,979,103
Other income	16,058	16,058
Progra mmes	54,886	54,886
Bar income	430,514	430,514
	2,480,561	2,480,561

			Unrestricted	Total
			funds	funds
			2021f	2021 F
	Bank interest		926	926
			Unrestricted	Total
			funds	funds
			2020	2020
	Bank interest		2,875	2,875
6.	Other incoming	resources
			Unrestricted	Total
			funds	funds
			2021	2021
	Other operating	income	687,329	687,329
	Theatre tax relief receivable		52,876	52,876
			740,205	740,205
			Unrestricted	Total
			funds	funds
			2020	2020
			E	F
	Hire income		3,955	3,955
	Theatre tax relief	receivable	302,543	302,543
			306,498	306,498

			Unrestricted	Total
			funds	funds
			2021	2021
				E
Boxoffice expenses			2,566,163	2,566,163
Governance	costs		35,500	35,500
Bar expenditure			18,268	18,268
			2,619,931	2,619,931
		Unrestricted	Restricted	Total
		funds	funds	funds
		2020	2020	2020
		f		F
Boxoffice expenses		4,315,521	389,320	4,704,841
Governance	costs	39,105		39,105
Bar expenditure		365,191		365,191
		4,719,817	389,320	5,109,137

		Activities
		undertaken	Support	Total
		directly	costs	funds
		2021	2021	2021
			E
Bar office expenses		1,915,368	650,795	2,566,163
Governance	costs	35,500		35,500
Bar expenditure		18,268		18,268
		1,969,136	650,795	2,619,931

			Activities
			undertaken	Support	Total
			directly	costs	funds
			2020f	2020f	2020f
Bar office expenses			3,992,984	711,857	4,704,841
Governance		costs	39,105		39,105
Barexpenditure			365,191		365,191
			4,397,280	711,857	5,109,137
Governance		costs
				2021	2020f
Auditors'	remuneration			24,750	17,300
Legal &	professional			10,750	21,805
				35,500	39,105

	Group	Group	Company	Company
	2021f	2020f	2021f	2020f
Wages and salaries	1,233,089	1,140,312	1,230,166	996,056
Social security costs	87,685	83,136	87,685	72,971
Other pension costs	22,170	23,199	22,170	21,122
	1,342,944	1,246,647	1,340,021	1,090,149

		Group	Group
		2021	2020
		No.	No.
Theatre production		8	8
Theatre operation		13	14
Development	& marketing	7	6
Education 8 access		2	1
Administration	8 finance	4	4
Front of house		44	44
		78	77

Taxation
		2021	2020
		F	E
Corporation tax
Current tax on net (expenditure)/income	for the year		(31)
Taxation on net (expenditure)/income			(31)

		Computer	Stage and
	Furniture and	and office	lighting
	fittings	equipment	equipment	Total
	E
Cost or valuation
At 1 April 2020	385,181	163,602	448,636	997,419
At 31 March 2021	385,181	163,602	448,636	997,419
Depreciation
At 1 April 2020	360,835	154,130	249,143	764,108
Charge for the year	11,340	8,404	24,852	44,596
At 31 March 2021	372,175	162,534	273,995	808,704
Net book value
At 31 March 2021	13,006	1,068	174,641	188,715
At 31 March 2020	24,346	9,472	199,493	233,311

		Computer	Stage and
	Furniture and	and office	lighting
	fittings	equipment	equipment	Total
			E	F
Cost or valuation
At 1 April 2020	343,161	163,602	448,636	955,399
At 31 March 2021	343,161	163,602	448,636	955,399
Depreciation
At 1 April 2020	318,815	154,130	249,143	722,088
Charge for the year	11,340	8,404	24,852	44,596
At 31 March 2021	330,155	162,534	273995	766684
Net book value
At 31 March 2021	13,006	1,068	174,641	188,715
At 31 March 2020	24,346	9,472	199,493	233,311

	Investments
	in subsidiary
company	companiesf
Cost or valuation
At 1 April 2020	201
At 31 March 2021	201
Net book value
At 31 March 2021	201
At 31 March 2020	201

The following	were subsidiary un	dertakings ofthe company:
Names		Country	Principal activity		Holding
Hampstead	Theatre Enterprises	England	Bar facilities and		100%
Limited			commercial lettings	of
			theatre
Hampstead	Theatre Productions	England	Production of		100%
Limited			theatrical productions
Hampstead	Theatre Ventures	England	Production of		100%
Limited			theatrical productions
The financial	results ofthe subsidiaries for the year were:
Names			incomef Expendituref		Net assetsf
Hampstead Hampstead	Theatre Enterprises Theatre Productions	Limited Limited	5,940 (13,563) (2,009)		(9,221) (9,860)
Hampstead	Theatre Ventures Limited		400,495 (400,495)		(27,203)

Group	Group
2021	2020
E	F
3,506	4,607

		Group	Group	Company	Company
		2021	2020	2021	2020
Due within one year
Trade debtors		1,315	1,423	1,315	1,423
Amounts owed by group undertakings				241,790	402,960
Other debtors		405,093	356,672	49,563	52,212
Prepayments	and accrued income	85,094	232,689	85,094	225,761
		491,502	590,784	377,762	682,356

		Group	Group	Company	Company
		2021	2020	2021	2020
			F	E
Trade creditors		106,400	303,991	92,904	238,627
Amounts owed to group undertakings				178,983	423,483
Corporation tax			55
Other taxation and social security		314,926	346,445	314,917	346,445
Other creditors		260,971	219,907	260,971	219,907
Accruals and deferred	income	528,454	474,217	497,240	338,676
		1,210,751	1,344,615	1,345,015	1,567,138

						Balance at
			Balance at 1			31 March
			April 2020	Income	Expenditure	2021
				E	E
General Funds			669,650	2,576,019	(2,619,931)	625,738
Unrestricted	designated	funds
2020 fund			244,500	246,750		491,250
Restricted funds
The Next Decade Fund			844,898	9,000		853,898
Total offunds			1,759,048	2,831,769	(2,619,931)	1,970,886
2020 fund

								Balance at
		Balance at					Transfers	31 March
		1 April	2019	Income	Expenditure	Taxation	in/out	2020
			F	E		E		F
Unrestricted
funds
General Funds		274,951		4,114,485	(4,719,817)	31	1,000,000	669,650
Unrestricted
designated
funds
Depreciation
fund		50,000					(50,000)
Maintenance
fund		200,000					(200,000)
Sustainability
fund		650,000					(650,000)
Creative fund		100,000					(100,000)
2020 fund				244,500				244,500
		1,000,000		244,500			(1,000,000)	244,500
Restricted
funds
The Next
Decade Fund		923,460		21,438	(100,000)			844,898
The Leach	Trust			2,000	(2,000)
The Sobell
Foundation				5,027	(5,027)
The Dorset
Foundation				30,000	(30,000)
The Rothenberg
Family				6,945	(6,945)
Chapman
Charitable	Trust			2,000	(2,000)
Garfield Weston
Foundation				1,500	(1,500)
Catkin
Pussywillow
Charitable	Trust			100,000	(100,000)

Statement	offun	ds - prior year	(continued)
							Balance at
		Balance at				Transfers	31 March
		1 April 2019	Income	Expenditure	Taxation	in/out	2020
			E		E	E
Royal Victoria
Hall Foundation			1,848	(1,848)
Sackler Trust			5,000	(5,000)
The Andor
Charitable	Trust		2,500	(2,500)
Vandervell
Foundation			5,000	(5,000)
Individual	donors		127,500	(127,500)
		923,460	310,758	(389,320)			844,898
Total offunds		2,198,411	4,669,743	(5,109,137)	31		1,759,048

Summary	offunds - current ye	ar
					Balance at
		Balance at 1			31 March
		April 2020	Income	Expenditure	2021
		E	E	E	F
General funds		669,650	2,576,019	(2,619,931)	625,738
Designated	funds	244,500	246,750		491,250
Restricted	funds	844,898	9,000		853,898
		1,759,048	2,831,769	(2,619,931)	1,970,886

Summary	offund	s - prior year
							Balance at
		Balance at				Transfers	31 March
		1 April 2019 E	Income	Expenditure	Taxation E	in/out f	2020
General funds		274,951	4,114,485	(4,719,817)	31	1,000,000	669,650
Designated
funds		1,000,000	244,500			(1,000,000)	244,500
Restricted	funds	923,460	310,758	(389,320)			844,898
		2,198,411	4,669,743	(5,109,137)	31		1,759,048

20.	Reconciliation of net movement	Reconciliation of net movement	Reconciliation of net movement	Reconciliation of net movement	Reconciliation of net movement	Reconciliation of net movement	Reconciliation of net movement	in funds	in funds	to	net	cash flow	from	operating	activities
															Group	Group
															2021	2020
	Net income/expenditure					for	the	year	(as		per	Statement	of	Financial
	Activities)														211,838	(439,363)
	Adjustments		for:
	Depreciation		charges												44,596	50,568
	Dividends,	interests		and		rents	from	investments							(926)	(2,875)
	Decrease	in	stocks												1,101	6,835
	Decrease	in	debtors												99,382	10,177
	increase/(decrease)				in creditors										(133,864)	301,332
	Net cash	provided		by/(used			in) operating			activities					222,127	(73,326)
21.	Analysis	of	cash and cash equivalents
															Group	Group
															2021	2020
																F
	Cash in hand														2,497,914	2,274,861
	Total cash and cash				equivalents										2,497,914	2,274,861
22.	Analysis	of	changes		in	net debt
													At 1 April			At 31 March
														2020	Cash flows	2021
														E
	Cash at bank		and in hand										2,274,961		222,953	2,497,914

payments	und	er non-cancellable operating leases as follows:
			Group	Group
			2021	2020
			E
Not later than		1 year	56,300	56,300
Later than	1 year and not later than 5years		224,000	224,300
Later than	5years		102,667	158,667
			382,967	439,267